PT SUMMARECON AGUNG Tbk AND ITS SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
As of June 30, 2016 unaudited and December 31, 2015 audited and For the period of six months ended June 30, 2016 and 2015 unaudited
Expressed in thousands of Indonesian Rupiah, unless otherwise stated
78
33. ASSETS AND LIABILITIES IN FOREIGN CURRENCIES CONTINUED
June 30, 2016 December 31, 2015
Foreign Currency
Rupiah Equivalent
Foreign Currency
Rupiah Equivalent
Accrued expenses
U.S Dollar
USD 106,894
1,408,857 USD 62,000 855,290
Total liabilities in foreign currencies 190,316,130
179,151,168
Net 110,422,912
83,854,663 34.
FINANCIAL ASSETS AND LIABILITIES
The following table sets out the carrying values and estimated fair values of the Group’s financial instruments as of June 30, 2016 and December 31, 2015:
June 30, 2016 December 31, 2015
Carrying Values Fair Values
Carrying Values Fair Values
Financial assets Loans and receivables
Cash and cash equivalents 1,942,614,373
1,942,614,373 1,503,546,080 1,503,546,080
Trade receivables
242,938,538 242,938,538
145,921,281 145,921,281 Other
receivables 12,514,913
12,514,913 6,461,820 6,461,820
Other current financial assets 102,488
102,488 103,829 103,829
Due from related parties 58,945,256
58,945,256 55,749,280 55,749,280
Other non-current financial assets 158,446,852
158,446,852 99,005,586 99,005,586
Total 2,415,562,420
2,415,562,420 1,810,787,876 1,810,787,876
Financial Liabilities Financial liabilities at amortized
costs Short-term bank loans
846,948,552 846,948,552
808,553,471 808,553,471 Trade payables to third parties
59,935,496 59,935,496
63,006,515 63,006,515 Other
payables 273,933,738
273,933,738 279,033,567 279,033,567
Accrued expenses
1,379,680,557 1,379,680,557
1,697,306,503 1,697,306,503 Due to related parties
102,086,100 102,086,100
2,765,597 2,765,597 Downpayments received and
security deposit - customer deposit
130,010,017 130,010,017
123,252,155 123,252,155 Long term debts
3,658,669,063 3,658,669,063
2,912,893,695 2,912,893,695 Liability for short-term employee
benefits 7,531,608 7,531,608
6,485,405 6,485,405 Bonds payable and sukuk ijarah
2,479,107,100 2,479,107,100
2,476,372,934 2,476,372,934 Other non-current financial liabilities
12,842,450 12,842,450
16,342,450 16,342,450
Total 8,950,744,678
8,950,744,678 8,386,012,292 8,386,012,292
PT SUMMARECON AGUNG Tbk AND ITS SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
As of June 30, 2016 unaudited and December 31, 2015 audited and For the period of six months ended June 30, 2016 and 2015 unaudited
Expressed in thousands of Indonesian Rupiah, unless otherwise stated
79
34. FINANCIAL ASSETS AND LIABILITIES CONTINUED
