Revenue and Expense Recognition

PT. MITRABAHTERA SEGARA SEJATI Tbk DAN ENTITAS ANAK CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN 31 DESEMBER 2011 DAN 2010 SERTA TAHUN-TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT Lanjutan PT. MITRABAHTERA SEGARA SEJATI Tbk AND ITS SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS DECEMBER 31, 2011 AND 2010 AND FOR THE YEARS THEN ENDED Continued - 47 - 2011 2010 Rp Rp b Berdasarkan umur hari b By age category Belum jatuh tempo 38.246.278.645 23.336.008.577 Not yet due Telah jatuh tempo Over due 1 - 3 bulan 38.848.754.518 32.500.453.322 1 - 3 months 3 bulan 26.694.834.297 12.995.754.741 3 months Jumlah 103.789.867.460 68.832.216.640 Total c Berdasarkan mata uang c By currency Rupiah 40.330.687.437 20.428.024.646 Rupiah Dollar Amerika Serikat 37.268.455.001 17.740.261.805 U.S. Dollar Yen Jepang 12.094.357.935 5.988.107.133 Japanese Yen Dollar Singapura 9.451.742.436 7.871.287.498 Singapore Dollar Euro 4.493.293.260 15.725.937.965 Euro Ringgit Malaysia 78.797.670 - Malaysian Ringgit Peso Philipina 72.533.721 1.078.597.593 Philippine Peso Jumlah 103.789.867.460 68.832.216.640 Total Utang usaha timbul dari transaksi pembelian bahan bakar, suku cadang dan docking kapal dan tanpa jaminan. Accounts payable are from purchase transactions of fuel, sparepart and docking of vessels and without collateral. Jangka waktu kredit yang timbul dari pembelian bahan bakar, suku cadang dan docking kapal baik pemasok dalam maupun luar negeri berkisar 14 sampai 50 hari. Purchases of raw and indirect materials, both from local and foreign suppliers, have credit terms of 14 to 50 days. 15. UTANG LAIN-LAIN KEPADA PIHAK KETIGA 15. OTHER PAYABLES TO THIRD PARTIES 2011 2010 Rp Rp PT Bank Victoria International Tbk 544.767.685 730.670.663 PT Bank Victoria International Tbk PT Star Finance 12.379.582 - PT Star Finance PT Summit Oto Finance 6.940.406 - PT Summit Oto Finance Swire CTM Bulk Logistic Limited - 38.029.218.405 Swire CTM Bulk Logistic Limited Lain-lain 6.023.480.230 20.158.205 Others Jumlah 6.587.567.903 38.780.047.273 Total Berdasarkan perjanjian tanggal 2 September 2010, antara MSC, entitas anak, Swire CTM Bulk Logistics Limited SCBL, dan Perusahaan yang telah diubah pada tanggal 5 Nopember 2010, Perusahaan dan SCBL akan memberikan pinjaman masing-masing sebesar USD 11.071.523 dan USD 4.745.367 kepada MSC. Pinjaman tersebut telah dilunasi oleh MSC dari pinjaman PT Bank Internasional Indonesia Tbk pada bulan Juni 2011 dan dikenakan bunga tetap senilai 4,5 per tahun. Based on agreement dated September 2, 2010, between the MSC, a subsidiary, Swire CTM Bulk Logistics Limited SCBL, and the Company as amended on November 5, 2010, the Company and SCBL will provide loans amounting to USD 11,071,523 and USD 4,745,367, respectively to MSC. The loan was repaid by MSC from the loans from PT Bank Internasional Indonesia Tbk proceeds in June 2011 and bears interest at the fixed rate of 4.5 per annum.