Management Use of Estimates, Judgments and Assumptions on Financial Instruments

PT TUNAS BARU LAMPUNG Tbk DAN ANAK PERUSAHAAN Catatan atas Laporan Keuangan Konsolidasi 31 Desember 2010 dan 2009 serta untuk Tahun-tahun yang Berakhir pada Tanggal Tersebut PT TUNAS BARU LAMPUNG Tbk AND ITS SUBSIDIARIES Notes to Consolidated Financial Statements December 31, 2010 and 2009 and For the Years then Ended - 59 - 7. Persediaan 7. Inventories 2010 2009 Rp 000 Rp 000 Minyak sawit 198.057.383 24.406.862 Crude palm oil Minyak inti sawit 62.183.407 32.149.145 P alm ker nel oil Stearin 48.936.271 34.658.692 S tearine Bungk il s awit 30.680.509 5.746.620 P alm expeller Inti sawit 20.637.992 12.295.446 P alm ker nel Vetsil sawit 19.564.858 4.060.086 P alm free fatty acid Sabun 12.097.961 11.141.490 S oap Minyak goreng sawit 5.077.300 14.246.976 P alm cooking oil Bahan baku lainnya 4.029.574 3.141.326 Other raw materials Bahan kim ia 3.820.497 5.769.622 Chemicals Minyak kelapa 2.947.799 13.253.493 Crude coconut oil Refined, Bleached and Deodorized Palm Ker nel Oil Refined, Bleached and Deodorized P alm Oil RBDPKO 143.367 - RBDP KO Refined, Bleached and Deodorized Palm Oil Refined, Bleached and Deodorized P alm Oil RBDPO 107.502 752.523 RBDP O Bungk il k elapa 63.114 63.114 Copra expeller Lain-lain 281.410 - Others Bahan pembantu: Indirect materials: Suku cadang 30.359.548 26.644.042 Spare parts Pupuk dan obat-obatan 11.129.355 15.534.269 Fertilizers and medicines Bahan bakar dan pelumas 10.329.625 6.650.929 Fuel and oil Bahan pembungkus 3.304.711 7.722.616 Packaging Lain-lain 17.081.620 29.608.369 Others Jumlah 480.833.803 247.845.620 Total Dikurangi penyisihan: Less allowances for: Penurunan nilai persediaan 2.496.433 287.041 Dec line in value of inventories Pers ediaan usang 752.868 488.078 Inventory obsolescence Jumlah 3.249.301 775.119 Total Jumlah - Bersih 477.584.502 247.070.501 Net Manajemen berpendapat bahwa penyisihan atas penurunan nilai persediaan dan penyisihan persediaan usang yang telah dibentuk adalah cukup untuk menutup kemungkinan kerugian atas penurunan nilai persediaan dan timbulnya persediaan usang. Management believes that the allowances for decline in value and obsolescence of inventories are adequate to cover possible losses on decline in value and obsolescence of inventories, and management believes that the carrying value of inventories represent their net realizable values. Persediaan telah diasuransikan kepada pihak ketiga terhadap risiko kebakaran, pencurian dan risiko lainnya dengan jumlah pertanggungan sebagai berikut: Inventories are insured with third parties against losses from fire, theft and other possible risks with insurance coverages as follows: Ekuivalen Ekuivalen Equivalent in Equivalent in Rp 000 Rp 000 PT Asuransi Jaya Proteksi Rp 311.703.250 311.703.250 Rp 472.170.000 472.170.000 US 11.000 98.901.000 US - - PT Asuransi Central Asia Rp 20.000.000 20.000.000 Rp 20.000.000 20.000.000 PT Asuransi Allianz Utama Indonesia US 6.000 53.946.000 US - - 2010 Mata uang asal 2009 Original currency 000 Mata uang asal Original currency 000 Manajemen berpendapat bahwa nilai pertanggungan tersebut cukup untuk menutupi kemungkinan kerugian dari aset yang dipertanggungkan. Management believes that the insurance coverages are adequate to cover possible losses that might arise from such risks on the assets insured. PT TUNAS BARU LAMPUNG Tbk DAN ANAK PERUSAHAAN Catatan atas Laporan Keuangan Konsolidasi 31 Desember 2010 dan 2009 serta untuk Tahun-tahun yang Berakhir pada Tanggal Tersebut PT TUNAS BARU LAMPUNG Tbk AND ITS SUBSIDIARIES Notes to Consolidated Financial Statements December 31, 2010 and 2009 and For the Years then Ended - 60 - 7. Persediaan Lanjutan 7. Inventories Continued 17,08 dan 41,46 dari jumlah persediaan masing-masing digunakan sebagai jaminan atas hutang bank pada tahun 2010 dan 2009 Catatan 20, 41.d, dan 41.e. Inventories representing 17.08 and 41.46 of the total inventories as of December 31, 2010 and 2009, respectively, are used as collateral on bank loans Notes 20, 41.d, and 41.e.

8. Pajak Dibayar Dimuka

8. Prepaid Taxes

2010 2009 Rp 000 Rp 000 Pajak Pertambahan Nilai - bersih 11.007.347 73.045.535 Value Added Tax - net Pajak penghasilan Income taxes Pasal 25 100.564 - Article 25 Pasal 23 1.130.795 1.534.913 Article 23 Pasal 22 761.398 745.614 Article 22 Jumlah 13.000.104 75.326.062 Total

9. Uang Muka

9. Advances

2010 2009 Rp 000 Rp 000 Uang muka pembelian CPO 561.723.184 288.114.916 Advances for purchase of purchases of raw materials Advances for purchase of property, plant, Uang muka pembelian aset tetap 55.303.939 17.279.692 and equipment Uang muka pembelian pupuk 6.952.064 5.538.401 Advances for purchase of fertilizers Uang muka pembelian tanah 1.396.025 - Advances for purchase of land Uang muka pembelian suku cadang 943.861 22.032.425 Advances for purchase of spareparts Uang muka pembelian bibit 705.000 - Advances for purchase of seeds Uang muka pembelian kendaraan 113.093 - Advances for purchase of vehicles Jumlah 627.137.166 332.965.434 Total

10. Piutang dari dan Hutang kepada Pihak yang Mempunyai Hubungan Istimewa

10. Due from and Due to Related Parties

Piutang dari dan hutang kepada pihak yang mempunyai hubungan istimewa, terutama timbul dari penjualan dan pembelian bahan pembantu, hasil produk sampingan, serta kegiatan operasional Perusahaan dan anak perusahaan lainnya dengan pihak yang mempunyai hubungan istimewa Catatan 40: The amounts due from and due to the following related parties resulted mainly from sales and purchases of indirect materials, by-products, and other operational activities of the Company and its subsidiaries with their related parties Note 40: 2010 2009 Rp 000 Rp 000 Piutang Due from PT Budi Acid Jaya Tbk 5.187.784 10.823.226 PT Budi Acid Jaya Tbk PT Budi Samudr a Per kas a 843.707 248.647 PT Budi Sam udra Perkasa Lain-lain masing-m asing kurang dari Rp 100.000 ribu 175.735 16.901 Others les s than Rp 100,000 thousand each Jum lah 6.207.226 11.088.774 Total Hutang Due to Lain-lain masing-m asing kurang dari Rp 100.000 ribu 777.278 39.699 Others les s than Rp 100,000 thousand each