LIABILITAS IMBALAN KERJA EMPLOYEE BENEFITS LIABILITY

Indonesian language. PT WISMILAK INTI MAKMUR TBK DAN ENTITAS ANAK CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN Tahun yang Berakhir pada Tanggal-tanggal 31 Desember 2016 dan 2015 Disajikan dalam Rupiah, kecuali Dinyatakan Lain PT WISMILAK INTI MAKMUR TBK AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS Years Ended December 31, 2016 and 2015 Expressed in Rupiah, unless Otherwise Stated 64 24. PENJUALAN NETO lanjutan 24. NET SALES continued Untuk tahun yang berakhir pada tanggal-tanggal 31 Desember 2016 dan 2015, tidak terdapat penjualan kepada pelanggan yang melebihi 10 dari total penjualan neto. For the years ended December 31, 2016 and 2015, there are no sales to individual customers exceeding 10 of total net sales. 25. BEBAN POKOK PENJUALAN 25. COST OF GOODS SOLD Akun ini terdiri dari: This account consists of: 2016 2015 Pemakaian bahan baku dan pembantu 359.693.588.939 405.977.595.924 Raw and supporting material used Pemakaian pita cukai 517.422.282.553 612.379.739.127 Excise duty ribbons used Tenaga kerja langsung 84.614.934.205 72.187.458.254 Direct labor Beban overhead 107.924.641.251 98.538.156.921 Factory overhead Beban Produksi 1.069.655.446.948 1.189.082.950.226 Cost of Production Persediaan barang proses : Work-in-process inventory : Persediaan awal 21.725.865.933 17.726.304.079 At beginning of year Persediaan akhir 27.111.715.189 21.725.865.933 At the end of year Beban Pokok Produksi 1.064.269.597.692 1.185.083.388.372 Cost of Goods Manufactured Persediaan barang jadi : Finished goods : Persediaan awal 101.772.148.180 115.121.536.919 At beginning of year Pembelian 124.194.641.296 80.994.556.758 Purchases Persediaan akhir 113.742.587.510 101.772.148.180 At the end of year Beban Pokok Penjualan 1.176.493.799.658 1.279.427.333.869 Cost of Goods Sold Tidak terdapat pembelian dari pemasok yang melebihi 10 dari total penjualan neto untuk tahun yang berakhir pada tanggal-tanggal 31 Desember 2016 dan 2015. There are no purchases from individual suppliers exceeding 10 of the total net sales for the years ended December 31, 2016 and 2015. 26. BEBAN USAHA 26. OPERATING EXPENSES Akun ini terdiri dari: This account consists of: 2016 2015 Beban Penjualan Selling Expenses Promosi dan iklan 74.759.713.791 59.093.826.965 Promotion and advertising Gaji dan honor 49.166.143.477 52.215.465.034 Salary and honorarium Pengurusan dan perijinan 22.294.390.590 19.998.770.865 Permit and licenses Percetakan dan perlengkapan 18.842.113.922 16.025.362.000 Printing and supplies Tunjangan 7.260.941.560 6.787.364.287 Allowances Bahan bakar minyak dan parkir 6.767.803.997 7.827.756.160 Fuel and parking Sewa 6.179.289.176 6.291.044.466 Rental Transportasi dan akomodasi 5.322.410.811 6.122.124.305 Transportation and accomodation Ekspedisi 5.254.092.710 6.813.909.768 Expedition Tunjangan hari raya 5.045.554.712 4.717.907.355 Thirteenth month salaries Penyusutan Catatan 12 4.666.338.254 4.490.509.121 Depreciation Note 12 Jamsostek 4.469.615.078 3.119.623.003 Jamsostek Jasa pihak eksternal 3.799.108.775 10.496.565.613 Outsource services Pemeliharaan 1.934.886.920 1.672.479.007 Maintenance Asuransi 1.540.425.121 1.840.225.216 Insurance Pesangon 937.907.933 739.812.599 Severance Indonesian language. PT WISMILAK INTI MAKMUR TBK DAN ENTITAS ANAK CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN Tahun yang Berakhir pada Tanggal-tanggal 31 Desember 2016 dan 2015 Disajikan dalam Rupiah, kecuali Dinyatakan Lain PT WISMILAK INTI MAKMUR TBK AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS Years Ended December 31, 2016 and 2015 Expressed in Rupiah, unless Otherwise Stated 65 26. BEBAN USAHA lanjutan 26. OPERATING EXPENSES continued 2016 2015 Pajak bangunan 766.312.867 685.420.264 Property tax Piutang tak tertagih 499.825.182 1.721.522.753 Receivables Write - Off Rugi material - 4.745.124.906 Material losses Lain-lain masing-masing Others each below kurang dari Rp500 juta 4.524.592.931 2.722.530.216 Rp500 million Sub-total 224.031.467.807 218.127.343.903 Sub-total Beban Umum dan Administrasi General and Administrative Expenses Gaji dan honor 67.361.758.721 61.688.478.812 Salaries and honorarium Jasa pihak eksternal dan Outsource services and biaya tenaga ahli 10.982.548.072 10.460.513.874 professional fees Tunjangan hari raya Thirteenth month salaries dan gratifikasi 10.435.667.445 9.102.174.043 and gratuities Penyusutan Catatan 12 9.630.531.118 7.947.751.169 Depreciation Note 12 Sewa 6.415.936.292 6.010.657.664 Rent Tunjangan 6.037.694.006 6.141.717.368 Allowances Biaya software 5.903.580.465 4.762.153.078 Software expenses Jamsostek 5.048.885.559 3.366.137.293 Jamsostek Pemeliharaan 3.503.516.694 5.754.755.940 Maintenance Perjalanan dinas 3.426.064.009 3.325.311.217 Official travel Riset dan pengembangan 3.057.413.541 3.721.860.047 Research and development Telekomunikasi 2.454.257.209 2.160.793.565 Telecomunication Listrik, air, minyak dan gas 2.416.445.804 2.470.746.786 Utilities Perijinan 2.223.732.261 1.394.210.966 License Pesangon karyawan 1.525.550.153 1.060.251.984 Severance Perlengkapan kantor 1.455.869.195 1.869.187.744 Office supplies Rumah tangga kantor 1.264.601.643 1.246.199.344 Office expenses Pajak bumi dan bangunan dan kendaraan 1.105.551.374 1.203.168.674 Property and Vehicle tax Pos, fotokopi dan koran 820.847.006 843.923.350 Postal, photocopy and newspaper Langganan dan iuran 563.963.118 533.550.551 Subscription and fees Lain-lain masing-masing Others each below kurang dari Rp500 juta 5.252.158.405 6.081.142.049 Rp500 million Sub-total 150.886.572.090 141.144.685.518 Sub-total Total 374.918.039.897 359.272.029.421 Total

27. INSTRUMEN KEUANGAN, MANAJEMEN RISIKO KEUANGAN DAN PENGELOLAAN MODAL

27. FINANCIAL INSTRUMENTS,

RISKS MANAGEMENT AND CAPITAL MANAGEMENT

a. Faktor dan Kebijakan Manajemen Risiko Keuangan

a. Factors and Policies of Financial Risk Management

Dalam menjalankan aktivitas operasi, investasi dan pendanaan, Grup menghadapi risiko keuangan yaitu: risiko kredit, risiko likuiditas dan risiko pasar dan mendefinisikan risiko- risiko sebagai berikut: In its operating, investing and financing activities, the Group is exposed to the following financial risks: credit risk, liquidity risk and market risk and define those risks as follows:  Risiko kredit: kemungkinan bahwa debitur tidak membayar semua atau sebagian pinjaman atau tidak membayar secara tepat waktu dan akan menyebabkan kerugian Grup.   Credit risk: the risk of financial loss to the Group if debtor will not repay all or a portion of a loan or will not repay in a timely manner.