Penurunan nilai SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued

184 Laporan T ahunan 2011 Sampoerna Agro The original consolidated financial statements included herein are in Indonesian language. PT SAMPOERNA AGRO Tbk DAN ENTITAS ANAK CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN Tahun yang Berakhir pada Tanggal-tanggal 31 Desember 2011 dan 2010 Disajikan dalam ribuan Rupiah, kecuali dinyatakan lain PT SAMPOERNA AGRO Tbk AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS Years Ended December 31, 2011 and 2010 Expressed in thousands of Rupiah, unless otherwise stated 38

2. IKHTISAR KEBIJAKAN AKUNTANSI YANG SIGNIFIKAN lanjutan

2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued

u. Imbalan kerja karyawan lanjutan u. Employee benefits continued Selanjutnya, biaya jasa lalu karena penerapan program imbalan pasti atau perubahan pada kewajiban imbalan dari program yang telah ada diamortisasi selama periode sampai imbalan yang bersangkutan menjadi hak pekerja vested. Further, past-service costs arising from the introduction of a defined benefit plan or changes in the benefit payable of an existing plan are required to be amortized over the period until the benefits concerned become vested. v. Pengakuan pendapatan dan beban v. Revenue and expense recognition Efektif tanggal 1 Januari 2011, Grup menerapkan PSAK No. 23 Revisi 2010, “Pendapatan”. PSAK revisi ini mengidentifikasi terpenuhinya kriteria pengakuan pendapatan, sehingga pendapatan dapat diakui, dan mengatur perlakuan akuntansi atas pendapatan yang timbul dari transaksi dan kejadian tertentu, serta memberikan panduan praktis dalam penerapan kriteria mengenai pengakuan pendapatan. Penerapan PSAK yang direvisi tersebut tidak memberikan pengaruh yang berarti terhadap laporan keuangan konsolidasian Grup. Effective January 1, 2011, the Group adopted PSAK No. 23 Revised 2010, “Revenue”. This revised PSAK identifies the circumstances in which the criteria on revenue recognition will be met and, therefore, revenue may be recognized, and prescribes the accounting treatment of revenue arising from certain types of transactions and events, and also provides practical guidance on the application of the criteria on revenue recognition. The adoption of this revised PSAK has no significant impact on the Group’s consolidated financial statements. Pendapatan diakui bila besar kemungkinan manfaat ekonomi akan diperoleh oleh Grup dan jumlahnya dapat diukur secara handal. Pendapatan diukur pada nilai wajar pembayaran yang diterima, tidak termasuk diskon, rabat dan Pajak Pertambahan Nilai “PPN”. Grup menelaah pengaturan pendapatannya melalui kriteria tertentu untuk menentukan apakah bertindak sebagai prinsipal atau agen. Grup berkesimpulan Grup bertindak sebagai prinsipal dalam semua pengaturan pendapatan. Revenue is recognized to the extent that it is probable that the economic benefits will flow to the Group and the revenue can be reliably measured. Revenue is measured at the fair value of the consideration received, excluding discounts, rebates and Value Added Taxes “VAT”. The Group assesses its revenue arrangements against specific criteria in order to determine if it is acting as principal or agent. The Group has concluded that it is acting as a principal in all of its revenue arrangements. Kriteria spesifik berikut juga harus dipenuhi sebelum pendapatan diakui: The following specific recognition criteria must also be met before revenue is recognized: Penjualan barang Sale of goods Pendapatan dari penjualan yang timbul dari pengiriman fisik produk-produk Grup diakui bila risiko dan manfaat yang signifikan telah dipindahkan kepada pembeli, bersamaan waktunya dengan pengiriman dan penerimaannya. Revenue from sales arising from physical delivery of the Group’s products is recognized when the significant risks and rewards of ownership of the goods have passed to the buyer, which generally coincide with their delivery and acceptance.