Estimates and assumptions MANAGEMENT’S USE OF JUDGMENTS,

The original consolidated financial statements included herein are in the Indonesian language. PT PELAYARAN TEMPURAN EMAS Tbk DAN ENTITAS ANAK CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN Untuk Periode Tiga Bulan yang Berakhir pada 31 Maret 2017 dan 2016 Disajikan dalam rupiah, kecuali dinyatakan lain PT PELAYARAN TEMPURAN EMAS Tbk AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS For Three Months Period Ended March 31, 2017 and 2016 Expressed in rupiah, unless otherwise stated 39

3. PENGGUNAAN PERTIMBANGAN, ESTIMASI DAN ASUMSI OLEH MANAJEMEN lanjutan

3. MANAGEMENT’S USE OF JUDGMENTS,

ESTIMATES AND ASSUMPTIONS continued b. Estimasi dan asumsi lanjutan

b. Estimates and assumptions continued

• Estimasi Cadangan untuk Kerugian Penurunan Nilai atas Piutang Usaha • • Estimating Allowance for Impairment Loss on Trade Receivables Bila Kelompok Usaha memutuskan bahwa tidak terdapat bukti objektif atas penurunan nilai pada evaluasi individual atas piutang usaha, baik yang nilainya signifikan atau tidak,Kelompok Usaha menyertakannya dalam kelompok piutang usaha dengan karakteristiknya risiko kredit yang serupa dan melakukan evaluasi kolektif atas penurunan nilai.Karakteristik yang dipilih mempengaruhi estimasi arus kas masa depan atas kelompok piutang usaha tersebut karena merupakan indikasi bagi kemampuan pelanggan untuk melunasi jumlah terutang. If the Group determines that no objective evidence of impairment exists for an individually assessed trade receivable, whether significant or not, it includes the trade receivable in a group of financial assets with similar credit risk characteristics and collectively assesses them for impairment. The characteristics chosen are relevant to the estimation of future cash flow for groups of such trade receivables by being indicative of the customers’ ability to pay all amounts due. Arus kas masa depan pada kelompok piutang usaha yang dievaluasi secara kolektif untuk penurunan nilai diestimasi berdasarkan pengalaman kerugian historis bagi piutang usaha dengan karakteristik risiko kredit yang serupa dengan piutang usaha pada kelompok tersebut. Future cash flows in a group of trade receivables that are collectively evaluated for impairment are estimated on the basis of historical loss experience for the trade receivables with credit risk characteristics similar to those in the group. • Penyisihan atas Penurunan Nilai Aset Non- keuangan • Allowance for Impairment of Non-financial Asset Penurunan nilai aset non-keuangan ada jika terdapat indikasi ketika nilai tercatat suatu aset atau unit penghasil kas melebihi nilai terpulihkannya, yang merupakan nilai tertinggi dari nilai wajar dikurangi biaya untuk menjual dan nilai pakai. Impairment of non-financial asset exists if there is an indication that the carrying value of the asset or its cash-generating unit exceeds its recoverable amount, which is the higher of its fair value less costs to sell and its value in use. Manajemen melakukan estimasi atas nilai terpulihkan aset dengan menghitung nilai wajar dikurangi biaya untuk menjual berdasarkan data yang tersedia dari transaksi penjualan yang mengikat dan bersifat arm’slength untuk aset yang sejenis atau harga pasar yang tersedia dikurangi tambahan biaya yang diperlukan untuk melepas aset tersebut. Management estimates the asset’s recoverable amount from a calculation of its fair value less costs to sell based on available data from binding sales transactions in arm’s length transactions of similar assets or observable market price, less incremental costs for disposing of the asset. Perhitungan nilai pakai didasarkan pada model arus kas yang didiskontokan.Pada model ini, nilai yang terpulihkan sangat sensitif terhadap tarif diskonto yang digunakan, termasuk juga arus kas masuk dimasa yang akan datang dan tarif pertumbuhan yang digunakan untuk tujuan ekstrapolasi. The value in use calculation is based on the discounted cash flow model. The recoverable amount is most sensitive to the discount rate used for the expected future cash inflows and the growth rate used for extrapolation purposes. The original consolidated financial statements included herein are in the Indonesian language. PT PELAYARAN TEMPURAN EMAS Tbk DAN ENTITAS ANAK CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN Untuk Periode Tiga Bulan yang Berakhir pada 31 Maret 2017 dan 2016 Disajikan dalam rupiah, kecuali dinyatakan lain PT PELAYARAN TEMPURAN EMAS Tbk AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS For Three Months Period Ended March 31, 2017 and 2016 Expressed in rupiah, unless otherwise stated 40 4. KAS DAN SETARA KAS 4. CASH AND CASH EQUIVALENTS Akun ini terdiri dari: This account consists of: 31 Maret 2017 31 Desember 2016 March 31, 2017 December 31, 2016 Kas Cash on hand Rupiah 445.138.064 1.587.392.609 Rupiah Dolar Amerika Serikat United States dollar US2.256 per 31 Maret 2017 US2,256 as of March 31, 2017 and dan US4.228 per 31 Desember 2016 30.047.062 56.802.705 US4,228 as of December 31, 2016 Dolar Singapura Singapore dollar Sin1.241 per 31 Maret 2017 Sin1,241 as of March 31, 2017 and dan Sin3.159 per 31 Desember 2016 11.825.299 29.377.454 Sin3,159 as of December 31, 2016 Yuan Tiongkok Chinese yuan CNY¥15.215 per 31 Maret 2017 dan 29.377.454 12.165.018 CNY¥15,215 as of March 31, 2017 and CNY¥6.281 per 31 Desember 2016 CNY¥6,281 as of December 31, 2016 Total kas 516.387.880 1.685.737.786 Total cash on hand Bank Cash in banks Rupiah Rupiah PT Bank Mandiri Persero Tbk 45.636.981.477 16.191.718.676 PT Bank Mandiri Persero Tbk PT Bank Central Asia Tbk 4.020.560.571 2.301.458.271 PT Bank Central Asia Tbk PT Bank Negara Indonesia PT Bank Negara Indonesia Persero Tbk 507.699.227 320.032.466 Persero Tbk PT Bank Danamon Indonesia Tbk 288.198.135 288.198.135 PT Bank Danamon Indonesia Tbk PT Bank Mega Tbk 72.239.939 72.277.861 PT Bank Mega Tbk PT Bank Syariah Mandiri 120.579.538 61.954.398 PT Bank Syariah Mandiri Dolar Amerika Serikat United States dollar PT Bank Mandiri Persero Tbk PT Bank Mandiri Persero Tbk US33.263 per 31 Maret 2017 dan US33,263 as of March 31, 2017 and US24.336 per 31 Desember 2016 443.094.733 326.975.808 US24,336 as of December 31, 2016 PT Bank Danamon Indonesia Tbk PT Bank Danamon Indonesia Tbk US753 per 31 Maret 2017 dan US753 as of March 31, 2017 and US783 per 31 Desember 2016 10.035.642 10.525.359 US783 as of December 31, 2016 OCBC Limited Singapura OCBC Limited Singapore US526 per 31 Maret 2017 dan US526 as of March 31, 2017 and US657 per 31 Desember 2016 7.007.778 8.822.593 US657 as of December 31, 2016 PT Bank Mega Tbk PT Bank Mega Tbk US 640 per 31 Maret 2017 dan US640 as of March 31, 2017 and US657 per 31 Desember 2016 8.529.281 7.727.447 US657 as of December 31, 2016 Dolar Singapura Singapore dollar PT Bank Mega Tbk PT Bank Mega Tbk Sin1.731 per 31 Maret 2017 dan Sin1,731 as of March 31, 2017 and Sin1.748 per 31 Desember 2016 16.503.488 16.257.209 Sin1,748 as of December 31, 2016 Yuan Tiongkok Chinese yuan PT Bank Mega Tbk PT Bank Mega Tbk CNY¥3.978 per 31 Maret 2017 7.680.411 45.270.965 CNY¥3.978 as of March 31, 2017 and CNY¥23.373 per 31 Desember 2016 CNY¥23.373 as of December 31, 2016 Total bank 51.139.110.220 19.651.219.188 Total cash in banks