NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS As of 30 June 2012 unaudited and 31 December 2011 audited and
For the period of six months ended 30 June 2012 and 2011 unaudited
Expressed in thousand of rupiah, unless otherwise stated
38
11. UNDEVELOPED LAND continued
As of 30 June 2012 and 31 December 2011 undeveloped land properties with carrying value of Rp316,790,098 and Rp217,039,129 are pledged as collateral for loans from banks and bonds payable
notes 15 and 16.
12. FIXED ASSETS
The details of fixed assets are as follows:
30 June 2012
Balance as of 1 January
2012 Additions Deductions
Reclassificat- ions
Balance as of 30 June
2012
2012 Movements
Cost :
Land 15,426,052
- -
- 15,426,052
Buillding and infrastructures 208,834,878
6,137,736 - 537,976
214,434,638 Machinery and Heavy equipment
15,619,895 616,896
- 41,178
16,195,613 Vehicles
57,486,128 4,508,609
863,899 - 61,130,838
Furniture and office equipment 138,389,580
12,907,891 142,246 -
151,155,225 435,756,533
24,171,132 1,006,145 579,154
458,342,366 Construction in progress
40,014,790 15,271,055
- 40,169,911 15,115,934
Total cost
475,771,323 39,442,187
1,006,145 40,749,065 473,458,300
Accumulated depreciation
Buildings and infrastructures 60,154,934
7,725,347 -
3,978 67,876,303
Machinery and heavy equipment 7,188,698
956,860 -
119,485 8,026,073
Vehicles 28,387,045
4,707,186 637,463 -
32,456,768 Furniture and office equipment
75,613,870 10,076,982
129,702 - 85,561,150
Total Accumulated depreciation 171,344,547
23,466,375 767,165
123,463 193,920,294
Net book value 304,426,776
279,538,006
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS As of 30 June 2012 unaudited and 31 December 2011 audited and
For the period of six months ended 30 June 2012 and 2011 unaudited
Expressed in thousand of rupiah, unless otherwise stated
39
31 Decemeber 2011
Balance as of 1 January
2011 Additions Deductions
Reclassificat- ions
Balance as of 31 December
2011
2011 Movements
Cost : Land
13,416,622 -
- 2,009,430
15,426,052 Buillding and infrastructures
256,173,672 19,184,368
8,164,927 58,358,235 208,834,878
Hotel facilities 40,426,603
- -
40,426,603 -
Machinery and Heavy equipment 42,712,937
6,132,767 - 33,225,809
15,619,895 Vehicles
47,598,688 17,721,507
7,834,067 - 57,486,128
Furniture and office equipment 93,185,806
46,225,116 434,621 586,721
138,389,580 493,514,328
89,263,758 16,433,615 130,587,938
435,756,533 Construction in progress
63,208,609 85,439,477
137,842 108,495,454 40,014,790
Total cost 556,722,937
174,703,235 16,571,457 239,083,392
475,771,323
Accumulated depreciation
Buillding and infrastructures 73,176,886
16,910,033 5,359,558 24,572,427
60,154,934 Hotel
facilities 5,987,967
- -
5,987,967 -
Machinery and Heavy equipment 10,459,443
1,707,651 -
4,978,396 7,188,698
Vehicles 26,127,112
8,502,161 6,242,228 -
28,387,045 Furniture and office equipment
61,865,056 14,209,610
401,434 59,362 75,613,870
Total Accumulated depreciation 177,616,464
41,329,455 12,003,220 35,598,152
171,344,547
Net book value 379,106,473
304,426,776
Depreciation was charged to the following:
2012 2011
General and administrative expenses 22,659,063
32,745,111 Cost of sales and direct costs
807,312 8,185,688
Total depreciation 23,466,375
40,930,799
In 2011, the Company disposed certain of its fixed assets with net book value of Rp2,962,400
