TRADE RECEIVABLES continued SOCI Financial Statements per 31 Dec 2014

Indonesian language. PT SOECHI LINES TBK DAN ENTITAS ANAK CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN Tahun yang Berakhir pada Tanggal-tanggal 31 Desember 2014 dan 2013 Disajikan Dalam Dolar AS, kecuali Dinyatakan Lain PT SOECHI LINES TBK AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS Years Ended December 31, 2014 and 2013 Expressed in US Dollar, unless Otherwise Stated 60 12. ASET TETAP lanjutan 12. FIXED ASSETS continued Pada tanggal 31 Desember 2014, estimasi persentase penyelesaian aset dalam penyelesaian untuk pembangunan galangan adalah sebagai berikut: As of December 31, 2014, the estimated percentage of completion of the construction in progress for shipyard project is as follows: Persentase Estimasi waktu Penyelesaian penyelesaian Percentage of Estimated time Completion of completion Proyek galangan 74,09 JuniJune 2015 Shipyard project Pada periode Desember 2014, Grup mengkapitalisasi biaya pinjaman dan overhead masing-masing sebesar AS5.337.860 dan AS2.466.339 2013: AS5.068.761 dan AS2.963.961 pada aset dalam penyelesaian Catatan 30. In December 2014, the Group has capitalized borrowing and overhead costs amounting to USD5,337,860 and USD2,466,339 2013: USD5,068,761 and USD2.963,961 in construction in progress Note 30, respectively. Seluruh proyek galangan digunakan sebagai jaminan atas pinjaman bank jangka panjang yang diperoleh MOS dari PT Bank Mandiri Persero Tbk Catatan 21. The shipyard project is pledged as collateral to long- term bank loans obtained by MOS from PT Bank Mandiri Persero Tbk Note 21. Pelepasan aset tetap adalah sebagai berikut: Disposal of fixed assets is as follows: 2014 2013 Harga jual 2.195.598 21.456 Proceeds Dikurangi nilai tercatat: Less carrying value: Aset tetap 3.359.444 299.377 Fixed assets Beban docking ditangguhkan 82.189 - Deferred charges on docking Sub-total 3.441.633 299.377 Sub-total Rugi pelepasan aset tetap 1.246.035 277.921 Loss on disposals fixed assets Pada tahun 2014, 1 satu unit kapal milik SOKL dan perlengkapan kapalnya dengan nilai buku neto sebesar AS3.358.933 dijual kepada pihak ketiga Catatan 21. In 2014, 1 one unit SOKL’s vessel and its related vessel equipment with net book value amounting to USD3,358,933 was sold to third party Note 21. Pada tahun 2013, 1 satu unit kapal milik PUL dan perlengkapan kapalnya dengan nilai buku neto sebesar AS12.883.733 direklasifikasikan ke dalam akun Aset tidak lancar yang dimiliki untuk dijual Catatan 11 dan 21. In 2013, 1 one unit PUL’s vessel and its related vessel equipment with net book value amounting to USD12,883,733 have been reclassified to Non- current assets held for sale Notes 11 and 21. Seluruh kapal milik Grup, kecuali kapal TK MOS II milik PUL, kapal Asumi XXVI dan kapal Gas Soechi XXVIII milik IEL, kapal Soechi Chemical III, kapal Soechi Chemical V, kapal Soechi Chemical XIX milik SOKL, dijadikan sebagai jaminan atas fasilitas kredit yang diperoleh Entitas-entitas Anak dari PT Bank Artha Graha Internasional Tbk, PT Bank Central Asia Tbk, PT Bank Internasional Indonesia Tbk, PT Bank OCBC NISP Tbk, PT Bank Mandiri Persero Tbk dan Oversea-Chinese Banking Corporation Limited, Singapura Catatan 15 dan 21. The Group’s vessels, except TK MOS II vessel owned by PUL, vessel Asumi XXVI and vessel Gas Soechi XXVIII owned by IEL, vessel Soechi Chemical III, vessel Soechi Chemical V, vessel Soechi Chemical XIX owned by SOKL, were pledged as collaterals for loan facilities which were obtained by the Subsidiaries from PT Bank Artha Graha Internasional Tbk, PT Bank Central Asia Tbk, PT Bank Internasional Indonesia Tbk, PT Bank OCBC NISP Tbk, PT Bank Mandiri Persero Tbk and Oversea-Chinese Banking Corporation Limited, Singapore Notes 15 and 21. Indonesian language. PT SOECHI LINES TBK DAN ENTITAS ANAK CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN Tahun yang Berakhir pada Tanggal-tanggal 31 Desember 2014 dan 2013 Disajikan Dalam Dolar AS, kecuali Dinyatakan Lain PT SOECHI LINES TBK AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS Years Ended December 31, 2014 and 2013 Expressed in US Dollar, unless Otherwise Stated 61 12. ASET TETAP lanjutan 12. FIXED ASSETS continued Bangunan kantor Plaza Marein milik SOKL dijadikan sebagai jaminan atas fasilitas kredit MOS dari PT Bank Mandiri Persero Tbk Catatan 21. The Plaza Marein office building owned by SOKL was pledged as collateral for MOS’s loan facilities from PT Bank Mandiri Persero Tbk Note 21. Pada tanggal 31 Desember 2014, aset kapal Grup diasuransikan terhadap kerusakan lambung dan mesin kapal Hull and Machinery dan risiko perang War Risk serta perlindungan dan penggantian termasuk kerugian pihak ketiga sehubungan dengan pengoperasian kapal dengan total nilai pertanggungan sebesar AS207.236.778 melalui PT Tugu Pratama Indonesia, PT Arthagraha General Insurance, Charles Taylor Mutual Management Asia Pte., Ltd., Shipowners’ Asia Pte., Ltd. Dan PT Great Eastern Life. As of December 31, 2014, the Group’s vessels are covered by insurance against damage of Hull and Machinery and War Risk and also covered by PI Protection and Indemnity insurance including third party losses connected with the vessels’ operations under blanket policies for sum insured of USD207,236,778 with PT Tugu Pratama Indonesia, PT Arthagraha General Insurance, Charles Taylor Mutual Management Asia Pte., Ltd., Shipowners’ Asia Pte., Ltd. and PT Great Eastern Life. Pada tanggal 31 Desember 2014, aset kendaraan Grup diasuransikan terhadap risiko kerugian dan risiko lainnya dengan total nilai pertanggungan sebesar Rp19.671.200.000 melalui antara lain PT Asuransi Wahana Tata, PT BCA Finance, PT Toyota Astra Finance dan PT Bank Jasa Jakarta. As of December 31, 2014, the Group’s vehicles are covered by All Risk insurance, under blanket policies for sum insured of Rp19,671,200,000 through among others, PT Asuransi Wahana Tata, PT BCA Finance, PT Toyota Astra Finance and PT Bank Jasa Jakarta. Manajemen Grup berpendapat bahwa nilai pertanggungan tersebut cukup untuk menutupi kemungkinan kerugian atas aset yang dipertanggungkan. The Group’s management is of the opinion that the insurance coverage is adequate to cover possible losses on the assets insured. Berdasarkan penilaian manajemen, tidak terdapat kejadian-kejadian atau perubahan keadaan yang mengindikasikan adanya penurunan nilai aset tetap pada tanggal 31 Desember 2014 dan 2013. Based on management’s assesment, there are no events or changes in circumstances that indicate an impairment in value of fixed assets as of December 31, 2014 and 2013. 13. ASET TAKBERWUJUD 13. INTANGIBLE ASSET 2014 Saldo Awal Saldo Akhir Beginning Penambahan Pengurangan Reklasifikasi Ending Balance Additions Deductions Reclassifications Balance Biaya perolehan Acquisition cost Perangkat lunak 200.725 3.100 - - 203.825 Software Akumulasi penyusutan Accumulated depreciation Perangkat lunak 41.488 50.408 - - 91.896 Software Nilai tercatat - neto 159.237 111.929 Net carrying amount 2013 Saldo Awal Saldo Akhir Beginning Penambahan Pengurangan Reklasifikasi Ending Balance Additions Deductions Reclassifications Balance Biaya perolehan Acquisition cost Perangkat lunak 39.963 160.762 - - 200.725 Software Akumulasi penyusutan Accumulated depreciation Perangkat lunak - 41.488 - - 41.488 Software Nilai tercatat - neto 39.963 159.237 Net carrying amount