Syndicate Loan - Standard Chartered Bank SCB, Singapore and PT Bank Mandiri

Indonesian language. PT SOECHI LINES TBK DAN ENTITAS ANAK CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN Tahun yang Berakhir pada Tanggal-tanggal 31 Desember 2016 dan 2015 Disajikan Dalam Dolar AS, kecuali Dinyatakan Lain PT SOECHI LINES TBK AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS Years Ended December 31, 2016 and 2015 Expressed in US Dollar, unless Otherwise Stated 69 17. PERPAJAKAN lanjutan 17. TAXATION continued d. Pajak penghasilan final lanjutan d. Final income tax continued Perhitungan pajak penghasilan final sehubungan dengan pengoperasian kapal Entitas Anak adalah sebagai berikut: The calculation of the final income tax in connection with the operation of the Subsidiaries is as follows: 2016 2015 Total pendapatan neto Total net revenues per menurut laporan laba rugi consolidated statements of komprehensif konsolidasian 130.288.044 141.833.461 comprehensive income Eliminasi dan penyesuaian 28.161.794 13.987.666 Elimination and adjustments Pendapatan yang tidak Revenues not subjected dikenakan pajak final: to final tax of: Perusahaan 745.000 662.063 The Company Entitas Anak 25.875.688 36.776.029 Subsidiaries Pendapatan dari sewa kapal Revenues from vessel rental dan jasa pengangkutan 131.829.150 118.383.035 and freight services Pendapatan yang dikenakan Revenue subject to income PPh Pasal 23 final 5.245.400 - tax article 23 final Pendapatan yang dikenakan Revenue subject to income PPh pasal 15 final 126.583.750 118.383.035 tax article 15 final PPh pasal 15 final sebesar 1,2 1.519.005 1.420.597 Income tax article 15 final at 1.2 PPh pasal 15 final yang Income tax article 15 final dipotong pada which already withheld in tahun berjalan 1.392.891 1.129.610 current year PPh Pasal 15 final yang belum Income tax article 15 final dipotong 126.114 290.987 not yet withheld PPh Pasal 15 final yang belum Income tax article 15 final disetor 27.171 - not yet paid Utang pajak penghasilan pasal 15 final 153.285 290.987 Income tax article 15 final Beban pajak final: Final tax expense: PPh pasal 15 1,2 1.519.005 1.420.597 Article 15 1.2 PPh pasal 23 2 104.908 - Article 23 2 Total 1.623.913 1.420.597 Total e. Pajak Kini - Tidak Final e. Current Tax - Non Final Rekonsiliasi antara laba sebelum beban pajak penghasilan menurut laporan laba rugi dan penghasilan komprehensif lain konsolidasian dengan taksiran laba kena pajak adalah sebagai berikut: The reconciliation between income before income tax expense as shown in the consolidated statements of profit or loss and other comprehensive income and estimated taxable income is as follows: 2016 2015 Laba sebelum beban pajak Income before income tax penghasilan menurut expense per consolidated laporan laba rugi dan penghasilan statements of profit or loss and komprehensif lain konsolidasian 23.767.661 42.402.351 other comprehensive income Laba sebelum manfaat beban Income before income pajak penghasilan tax benefit expense of Entitas Anak 25.647.831 46.759.927 Subsidiaries Eliminasi dan penyesuaian 5.865.572 4.141.165 Elimination and adjustments Laba rugi sebelum manfaat Income loss before income beban pajak penghasilan tax benefit expense Perusahaan 3.985.402 216.411 of the Company Indonesian language. PT SOECHI LINES TBK DAN ENTITAS ANAK CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN Tahun yang Berakhir pada Tanggal-tanggal 31 Desember 2016 dan 2015 Disajikan Dalam Dolar AS, kecuali Dinyatakan Lain PT SOECHI LINES TBK AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS Years Ended December 31, 2016 and 2015 Expressed in US Dollar, unless Otherwise Stated 70 17. PERPAJAKAN lanjutan 17. TAXATION continued e. Pajak Kini - Tidak Final lanjutan e. Current Tax - Non Final continued 2016 2015 Beda temporer: Temporary differences: Imbalan kerja 29.614 24.990 Employees benefits Beda tetap: Permanent differences: Pendapatan bunga 425 8.949 Interest income Penerimaan dividen 4.022.059 - Dividend received Rugi selisih kurs - 205.956 Loss on foreign exchange Lain-lain 116.600 15.161 Others Beda tetap - neto 3.905.884 212.168 Permanent differences - net Taksiran laba kena pajak Estimated taxable income Perusahaan 109.132 20.747 of the Company Beban pajak kini: Current tax expense: Perusahaan 20.741 3.824 The Company Entitas anak 8.147 - Subsidiary Total 28.888 3.824 Total Pajak penghasilan dibayar Prepayments of income dimuka Perusahaan: taxes of the Company: Pasal 23 8.440 1.400 Article 23 Pasal 25 2.483 2.320 Article 25 Total 10.923 3.720 Total Taksiran utang pajak Estimated corporate penghasilan badan: income tax payables: Perusahaan 9.818 104 The Company Entitas Anak 6.012 - Subsidiary Total 15.830 104 Total Undang-undang No. 36 Tahun 2008 pasal 31E menyatakan bahwa Wajib Pajak dalam negeri dengan pendapatan kotor kurang dari Rp50.000.000.000 akan mendapatkan fasilitas pajak dalam bentuk pengurangan tarif pajak yang berlaku dari laba kena pajak atas bagian dari pendapatan kotor sampai sebesar Rp4.800.000.000. Perusahaan menggunakan fasilitas ini dalam menghitung pajak kini untuk tahun yang berakhir pada tanggal-tanggal 31 Desember 2016 dan 2015. Law No. 36 of 2008 article 31E states that the taxpayers with gross revenue of less than Rp50,000,000,000 will get the facility in the form of tax reductions on enacted tax rate of income tax on the taxable portion of gross revenue amounted to Rp4,800,000,000. The Company utilizes this facility in computing its current income tax for the years ended December 31, 2016 and 2015.