IKHTISAR KEBIJAKAN AKUNTANSI PENTING lanjutan Liabilitas keuangan lanjutan Financial liabilities continued

LAPORAN TAHUNAN 2011 ANNUAL REPORT The original consolidated financial statements included herein are in the Indonesian language. PT SEMEN GRESIK PERSERO Tbk DAN ENTITAS ANAK CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN Tahun yang berakhir pada tanggal-tanggal 31 Desember 2011 dan 2010 Disajikan dalam ribuan Rupiah, kecuali dinyatakan lain PT SEMEN GRESIK PERSERO Tbk AND ITS SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS Years ended December 31, 2011 and 2010 Expressed in thousands of Rupiah, unless otherwise stated 34

2. IKHTISAR KEBIJAKAN AKUNTANSI PENTING lanjutan

2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued

o. Instrumen keuangan lanjutan o. Financial instruments continued 2. Liabilitas keuangan lanjutan 2. Financial liabilities continued Pengakuan awal lanjutan Initial recognition continued  Liabilitas keuangan yang diukur pada nilai wajar melalui laporan laba rugi lanjutan  Financial liabilities measured at fair value through profit or loss continued Liabilitas keuangan diklasifikasikan sebagai kelompok diperdagangkan jika mereka diperoleh untuk tujuan dijual atau dibeli kembali dalam waktu dekat. Liabilitas derivatif juga diklasifikasikan sebagai kelompok diperdagangkan kecuali mereka ditetapkan sebagai instrumen lindung nilai efektif. Financial liabilities classified as held for trading if they are acquired for the purpose of sale or repurchase in the near term. Derivative liabilities are also classified as held for trading unless they are designated as effective hedging instruments. Keuntungan atau kerugian atas liabilitas yang dimiliki untuk diperdagangkan diakui dalam laporan laba rugi konsolidasian. Gains or losses on liabilities held for trading are recognized in the consolidated statements of income. Pada tanggal 31 Desember 2011 dan 2010, Perseroan dan entitas anak tidak memiliki liabilitas keuangan yang diukur pada nilai wajar melalui laporan laba rugi. As of December 31, 2011 and 2010, the Company and its subsidiaries did not have the financial liabilities measured at fair value through profit or loss.  Pinjaman dan utang  Loans and borrowings Setelah pengakuan awal, pinjaman dan utang yang dikenakan bunga selanjutnya diukur pada biaya perolehan diamortisasi dengan menggunakan metode suku bunga efektif. After initial recognition, interest bearing loans and borrowings are subsequently measured at amortized cost using the effective interest rate method. Keuntungan dan kerugian diakui dalam laporan laba rugi konsolidasian pada saat liabilitas tersebut dihentikan pengakuannya serta melalui proses amortisasi. Gains and losses are recognized in the consolidated income statements when the liabilities are derecognized as well as through the amortization process. Seluruh liabilitas keuangan Perseroan dan entitas anak diklasifikasikan sebagai pinjaman dan utang. All of the Company and its subsidiaries’ financial liabilities are classified as loans and borrowings. 3. Saling hapus dari instrumen keuangan 3. Offsetting of financial instruments