ADVANCES FOR PROJECT AND PURCHASE OF LAND

The original consolidated financial statements included herein are in Indonesian language. PT MNC LAND Tbk DAN ENTITAS ANAK CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN lanjutan Untuk tahun yang berakhir pada 31 Desember 2015 Dan 2014 Disajikan dalam Rupiah, kecuali dinyatakan lain PT MNC LAND Tbk AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS continued For The Years Ended December 31, 2015 And 2014 Expressed in Rupiah, unless otherwise stated 76 17. PERPAJAKAN lanjutan 17. TAXATION continued d. Manfaat pajak penghasilan tangguhan lanjutan d. Deferred income tax benefit continued 2014 Disajikan kembali As restated Manfaat Manfaat Pajak Penghasilan Pajak Penghasilan Pendapatan Tangguhan Komprehensif lain Saldo Awal Tahun Berjalan Deferred Dampak Saldo Akhir Pajak Tangguhan Deferred Income Tax Benefit Konsolidasi Pajak Tangguhan Beginning Balance Income Tax Benefit Other comprehensive Consolidation Ending Balance Deferred Tax Current Year Income Effect Deferred Tax Aset Pajak Tangguhan Deferred Tax Asset Entitas Anak Subsidiaries Rugi fiskal 572.678.896 491.534.014 - - 81.144.882 Fiscal loss Aset tetap 65.384.711 868.827.789 - - 934.212.500 Fixed assets Liabilitas imbalan kerja Long-term employee jangka panjang 7.707.381.781 1.016.998.783 156.887.883 2.051.476.077 10.618.968.758 benefits liability Cadangan kerugian Allowance for impairment penurunan nilai piutang 144.573.816 107.244.531 - - 37.329.285 losses on receivable Cadangan kerugian Allowance for penurunan nilai impairment persediaan - - - 2.947.423 2.947.423 losses on inventories Beban bunga - 21.375.000 - - 21.375.000 Interest expenses Total 8.359.249.782 429.232.551 156.887.883 2.054.423.500 9.827.552.848 Total Liabilitas Pajak Deferred Tax Tangguhan Liabilities Entitas Anak Subsidiaries Liabilitas imbalan kerja Long-term employee jangka panjang 3.993.055.375 712.900.199 333.467.320 - 4.372.488.254 benefits liability Cadangan kerugian Allowance for impairment penurunan nilai piutang 199.511.757 156.546.315 - - 42.965.442 losses on receivable Aset tetap 27.337.663.983 1.067.325.905 - - 26.270.338.078 Fixed assets Sub-total 23.145.096.851 1.623.679.789 333.467.320 - 21.854.884.382 Sub-total Liabilitas pajak Deferred tax tangguhan dari liabilities fair value penyesuaian nilai adjustment on wajar atas akuisisi acquisition of entitas anak 24.627.602.372 5.165.123.319 - 12.138.372.727 31.600.851.780 subsidiary Total 47.772.699.223 6.788.803.108 333.467.320 12.138.372.727 53.455.736.162 Total 18. BEBAN MASIH HARUS DIBAYAR 18. ACCRUED EXPENSES Rincian beban masih harus dibayar adalah sebagai berikut: The details of accrued expenses are as follows: 2015 2014 Gaji dan tunjangan 25.035.332.371 19.552.185.627 Salaries and allowances Utilitas 4.877.224.535 5.756.463.866 Utilities Jasa profesional 1.338.711.243 2.075.899.129 Professional fees Bunga 452.541.297 416.339.790 Interests Lain-lain 40.462.637.900 36.063.417.284 Others Total 72.166.447.346 63.864.305.696 Total The original consolidated financial statements included herein are in Indonesian language. PT MNC LAND Tbk DAN ENTITAS ANAK CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN lanjutan Untuk tahun yang berakhir pada 31 Desember 2015 Dan 2014 Disajikan dalam Rupiah, kecuali dinyatakan lain PT MNC LAND Tbk AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS continued For The Years Ended December 31, 2015 And 2014 Expressed in Rupiah, unless otherwise stated 77 19. PENDAPATAN DITERIMA DI MUKA 19. UNEARNED REVENUES Akun ini merupakan pendapatan diterima di muka atas sewa dan keanggotaan golf dengan rincian sebagai berikut: This account represents unearned revenue from rental and golf membership with the details as follows: 2015 2014 Penyewaan ruang perkantoran Office space rental Pihak berelasi Catatan 38 41.686.433.618 47.150.201.702 Related parties Note 38 Pihak ketiga masing-masing dibawah 5 5.403.402.606 3.756.436.528 Third parties each below 5 Keanggotaan golf dan lainnya 7.769.735.248 8.500.517.681 Golf course membership and others Total 54.859.571.472 59.407.155.911 Total Bagian yang direalisasi dalam satu tahun 13.869.934.826 7.078.206.212 Realizable within one year Bagian yang direalisasi lebih dari setahun 40.989.636.646 52.328.949.699 Realizable more than one year 20. UTANG ANJAK PIUTANG 20. FACTORING LIABILITIES Pada tahun 2007, Perusahaan mengadakan perjanjian anjak piutang dengan PT MNC Finance, pihak berelasi, dengan nilai plafon maksimum Rp13.000.000.000 dengan jangka waktu yang ditentukan sesuai dengan jadwal pembayaran dengan tingkat bunga 10-12. Pada tanggal 31 Desember 2015 dan 2014, saldo utang anjak piutang masing-masing sebesar Rp5.448.504.183 dan Rp5.493.005.858 atau masing-masing sebesar 0,27 dan 0,28 dari total liabilitas Catatan 38. In 2007, the Company entered into a factoring agreement with PT MNC Finance, a related party, with maximum plafond of Rp13,000,000,000 and of payment schedule applied at interest rate of 10-12. As of December 31, 2015 and 2014, the outstanding of factoring liabilities amounting to Rp5,448,504,183 and Rp5,493,005,858, respectively or 0.27 and 0.28 of total liabilities, respectively Note 38. Pinjaman ini dijamin dengan piutang usaha Catatan 7. The loan are collateralized with trade receivables Note 7. 21. UANG MUKA DAN DEPOSIT PELANGGAN 21. CUSTOMERS’ ADVANCES AND DEPOSIT Akun ini terdiri dari: This account consists of: 2015 2014 Uang muka penjualan - unit apartemen 78.246.696.106 53.102.656.979 Sales advances – apartment units Deposit hotel 23.028.616.903 28.878.297.054 Hotel deposits Total 101.275.313.009 81.980.954.033 Total