KAS DAN SETARA KAS CASH AND CASH EQUIVALENTS

Ekshibit E51 Exhibit E51 PT BAKRIE SUMATERA PLANTATIONS Tbk PT BAKRIE SUMATERA PLANTATIONS Tbk DAN ENTITAS ANAK AND SUBSIDIARIES CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS 31 DESEMBER 2011 DAN 2010 31 DECEMBER 2011 AND 2010 Dengan Perbandingan 1 Januari 2010 31 Desember 2009 With Comparative 1 January 2010 31 December 2009 Disajikan dalam ribuan Rupiah, kecuali dinyatakan lain Expressed in thousands of Rupiah, unless otherwise stated 5. INVESTASI PADA EFEK Lanjutan 5. INVESTMENTS IN MARKETABLE SECURITIES Continued Pada tanggal 31 Desember 2010 dan 2009, investasi-investasi tersebut di atas dimaksudkan sebagai investasi yang tersedia untuk dijual. As of 31 December 2010 and 2009, the above investments are intended as available-for-sale. Berdasarkan Assignment of Loan Agreement tanggal 20 Desember 2011 yang diterima oleh PT Sarana Industama Perkasa, Entitas Anak bahwa utang kepada PG telah beralih kepada AK ASEAN Agricultural Fund. Based on Assignment of Loan Agreement date 20 December 2011 had been received by PT Sarana Industama Perkasa, a Subsidiary that the loan to PG has turned to AK ASEAN Agricultural Fund. Pada tanggal 22 Desember 2011 AK ASEAN Agricultural Fund telah mengeluarkan dokumen Pernyataan Pembebasan atas hak dan kewajiban bahwa investasi yang dimiliki Bookwise, Entitas Anak, telah dijadikan sebagai pelunasan utang SIP, Entitas Anak, kepada AK ASEAN Agricultural Fund Catatan 22. On 22 December 2011 AK ASEAN Agricultural Fund had been issued Release and Discharge Deed that the investment of Bookwise, a Subsidiary, has transferred as loan settlement of SIP, a Subsidiary, to AK ASEAN Agricultural Fund Note 22. 6. PIUTANG USAHA 6. TRADE RECEIVABLES Akun ini terdiri dari: This account consists of: a. Pihak ketiga a. Third parties 2011 2010 2009 Dolar Amerika Serikat United States Dollar PT Sri Sumatera Sejahtera PT Sri Sumatera Sejahtera USD 1.980.920, USD nihil USD 1,980,920, USD nil dan USD 1.051.008 pada and USD 1,051,008 tahun 2011, 2010 dan 2009 17.962.981 - 9.879.474 in 2011, 2010 and 2009 Welcome Trading Co. Pte., Ltd. Welcome Trading Co. Pte., Ltd. USD 1.659.937, USD 1.363.399 USD 1,659,937, USD 1,363,399 dan USD 2.262.911 pada and USD 2,262,911 tahun 2011, 2010 dan 2009 15.052.312 12.258.317 21.271.359 in 2011, 2010 and 2009 Akdeniz Kimya San Tic A.S Akdeniz Kimya San Tic A.S USD 1.157.642, USD nihil USD 1,157,642, USD nil dan USD nihil pada and USD nil tahun 2011, 2010 dan 2009 10.497.494 - - in 2011, 2010 and 2009 Tong Teik Pte., Ltd., Singapura Tong Teik Pte., Ltd., Singapore USD 1.146.377, USD 1.395.813 USD 1,146,377, USD 1,395,813 dan USD 1.077.592 pada and USD 1,077,592 tahun 2011, 2010 dan 2009 10.395.344 12.549.756 10.129.363 in 2011, 2010 dan 2009 ED F Man Malaysia Sdn Bhd, ED F Man Malaysia Sdn Bhd, Malaysia Malaysia USD 1.050.836, USD 654.771 USD 1,050,836, USD 654,771 dan USD 192.326 pada and USD 192,326 tahun 2011, 2010 dan 2009 9.528.979 5.887.049 1.807.868 in 2011, 2010 and 2009 Peter Cremer S GMBH Peter Cremer S GMBH USD 1.050.385, USD nihil USD 1,050,385, USD nil dan USD nihil pada and USD nil tahun 2011, 2010 dan 2009 9.524.887 - - in 2011, 2010 and 2009 Sinochem International Sinochem International Overseas, Singapura Overseas, Singapore USD 1.025.507, USD 529.077 USD 1,025,507, USD 529,077 dan USD 629.032 pada and USD 629,032 tahun 2011, 2010 dan 2009 9.299.301 4.756.930 5.912.901 in 2011, 2010 and 2009 Sri Trang International, Sri Trang International, Amerika Serikat United States of America USD 972.541, USD 1.004.135 USD 972,541, USD 1,004,135 dan USD 635.978 pada and USD 635,978 tahun 2011, 2010 dan 2009 8.819.002 9.028.174 5.978.197 in 2011, 2 010 and 2009 Spectrum International Pte., Ltd., Spectrum International Pte., Ltd., Singapura Singapore USD 926.726, USD 529.710 dan USD 926,726, USD 529,710 and USD nihil pada tahun 2011, 2010 USD nil in 2011, 2010 dan 2009 8.403.555 4.762.626 - and 2009 PT Garuda Mas Perkasa Medan PT Garuda Mas Perkasa Medan USD 831.622, USD 492.787 dan USD 831,622, USD 492,787 and USD nihil pada tahun 2011, 2010 USD nil in 2011, 2010 dan 2009 7.541.150 4.430.644 - and 2009 Dipindahkan 107.025.005 53.673.496 54.979.162 Brought forward Ekshibit E52 Exhibit E52 PT BAKRIE SUMATERA PLANTATIONS Tbk PT BAKRIE SUMATERA PLANTATIONS Tbk DAN ENTITAS ANAK AND SUBSIDIARIES CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS 31 DESEMBER 2011 DAN 2010 31 DECEMBER 2011 AND 2010 Dengan Perbandingan 1 Januari 2010 31 Desember 2009 With Comparative 1 January 2010 31 December 2009 Disajikan dalam ribuan Rupiah, kecuali dinyatakan lain Expressed in thousands of Rupiah, unless otherwise stated 6. PIUTANG USAHA Lanjutan 6. TRADE RECEIVABLES Continued a. Pihak ketiga Lanjutan a. Third parties Continued 2011 2010 2009 Dolar Amerika Serikat United States Dollar Pindahan 107.025.005 53.673.496 54.979.162 Carried Forward RCMA Americas RCMA Americas USD 828.722, USD nihil dan USD 828,722, USD nil and USD nihil pada tahun 2011, 2010 USD nil in 2011, 2010 dan 2009 7.514.852 - - and 2009 Alan L. Grant Rubber Division Alan L. Grant Rubber Division USD 575.514, USD 961.454 USD 575,514, USD 961,454 dan USD nihil pada and USD nil tahun 2011, 2010 dan 2009 5.218.765 8.644.437 - in 2011, 2010 and 2009 Danesi Latex LTDA, Brazil Danesi Latex LTDA, Brazil USD 197.275, USD 727.340 USD 197,275, USD 727,340 dan USD nihil pada and USD nil tahun 2011, 2010 dan 2009 1.788.887 6.539.514 - in 2011, 2010 and 2009 Sri Trang International, Singapura Sri Trang International, Singapore USD 190.542, USD 700.612 USD 190,542, USD 700,612 dan USD 417.887 pada and USD 417,887 tahun 2011, 2010 dan 2009 1.727.833 6.299.201 3.928.134 in 2011, 2010 and 2009 PT Multimas Nabati Asahan PT Multimas Nabati Asahan USD nihil, USD 1.006.264 USD nil, USD 1,006,264 dan USD nihil pada and USD nil tahun 2011, 2010 dan 2009 - 9.047.322 - in 2011, 2010 and 2009 PT Musim Mas PT Musim Mas USD nihil, USD 910.675 dan USD nil, USD 910,675 and USD nihil pada tahun 2011, 2010 USD nil in 2011, 2010 dan 2009 - 8.187.878 - dan 2009 Elpa Elastiki Iplikler Elpa Elastiki Iplikler San Ve IHR A.S San Ve IHR A.S USD nihil, USD 610.982 USD nil, USD 610,982 dan USD nihil pada and USD nil tahun 2011, 2010 dan 2009 - 5.493.336 - in 2011, 2010 and 2009 Lain-lain masing-masing Others each below di bawah Rp 5 miliar 35.044.298 14.707.527 12.580.010 Rp 5 billion Sub-total 158.319.640 112.592.711 71.487.306 Sub-total Dikurangi penyisihan Less allowance for impairment kerugian penurunan nilai 3.018.967 3.018.967 3.018.967 losses Dolar Amerika Serikat - Neto 155.300.673 109.573.744 68.468.339 United States Dollar - Net Rupiah Rupiah PT Intan Surya Pratama 274.131.049 - 13.493.000 PT Intan Surya Pratama PT Indokarya Internusa 19.272.167 - - PT Indokarya Internusa PT Kana Jaya Mandiri 10.620.731 4.570.786 5.387.088 PT Kana Jaya Mandiri PT Musim Mas 7.894.438 - - PT Musim Mas PT Sinar Alam Permai 6.868.085 1.177.552 729.816 PT Sinar Alam Permai PT Gemar Sukawati Indah 4.337.354 1.140.891 - PT Gemar Sukawati Indah PT Wilmar Nabati Indonesia 2.342.331 - 8.617.754 PT Wilmar Nabati Indonesia PT Swasthi Parama Mulya 2.030.808 5.840.441 - PT Swasthi Parama Mulya PT Lingga Manik 833.252 1.140.943 7.048.826 PT Lingga Manik PT Multimas Nabati Asahan 468.627 2.489.360 - PT Multimas Nabati Asahan Titi Latex Sdn Bhd, Malaysia 274.194 11.249.722 8.305.243 Titi Latex Sdn Bhd, Malaysia Lain-lain masing-masing Others each below di bawah Rp 5 miliar 28.118.453 67.747.187 31.464.430 Rp 5 billion Sub-total 357.191.489 95.356.882 75.046.157 Sub-total Dikurangi penyisihan Less allowance for impairment kerugian penurunan nilai 2.843.401 359.677 359.677 Losses Rupiah – Neto 354.348.088 94.997.205 74.686.480 Rupiah – Net Piutang Usaha Trade Receivables from Pihak Ketiga – Neto 509.648.761 204.570.949 143.154.819 Third Parties – Net