Transactions with Related Parties

PT BAKRIE SUMATERA PLANTATIONS Tbk. AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS FOR THE PERIOD ENDED JUNE 30, 2010 With Comparative Figures for the Period Ended June 30, 2009 Expressed in Thousand Rupiah, unless otherwise stated 21

2. IKHTISAR KEBIJAKAN

AKUNTANSI PENTING Lanjutan 2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Continued Semua transaksi yang penting dengan pihak-pihak yang mempunyai hubungan istimewa, baik yang dilakukan dengan syarat dan kondisi yang sama dengan pihak ketiga ataupun tidak, diungkapkan dalam catatan atas laporan keuangan konsolidasian. All significant transactions with related parties whether or not conducted under the same terms and conditions as those with third parties, are disclosed in the notes to consolidated financial statements. h. Persediaan h. Inventories Efektif tanggal 1 Januari 2009, Perusahaan dan Anak perusahaan menerapkan PSAK No. 14 Revisi 2008, “Persediaan” “PSAK 14 Revisi”, yang menggantikan PSAK No. 14 1994, “Persediaan”. Penerapan PSAK 14 Revisi ini tidak menimbulkan dampak yang signifikan terhadap laporan keuangan konsolidasian. Effective January 1, 2009, the Company and Subsidiaries applied PSAK No.14 Revised 2008, “Inventories” “Revised PSAK 14”, which supersedes PSAK No. 14 1994, “Inventories.” The adoption of Revised PSAK 14 had no significant impact on the consolidated financial statements. Persediaan dinyatakan sebesar nilai yang lebih rendah antara biaya perolehan atau nilai realisasi bersih lower of cost or net realizable value. Biaya perolehan ditentukan dengan metode rata-rata average method. Penyisihan persediaan usang ditentukan berdasarkan hasil penelaahan atas keadaan persediaan pada akhir tahun. Inventories are valued at the lower of cost or net realizable value. Cost is determined using the average method. Allowance for inventory obsolescence is provided based on a review of the condition of inventories at the end of the year. i. Biaya Dibayar di Muka i. Prepaid Expenses Biaya dibayar di muka diamortisasi selama masa manfaat masing-masing biaya. Prepaid expenses are amortized over the periods benefited.

j. Perkebunan Inti

Plasma Plasma

j. Nucleus Plasma Plantations Plasma

Plasma merupakan kebijakan pemerintah Indonesia berkaitan dengan kerjasama pengembangan perkebunan. Sebagai pihak inti, Anak perusahaan tertentu berkewajiban untuk melatih dan mengawasi Plasma dan membeli hasil perkebunan milik Plasma. Plasma is a government policy in connection with the development of plantations. Certain Subsidiaries, being a major part of the project, are required to train project personnel and control the Plasma project, as well as purchase Plasma plantation crops. PT BAKRIE SUMATERA PLANTATIONS Tbk. AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS FOR THE PERIOD ENDED JUNE 30, 2010 With Comparative Figures for the Period Ended June 30, 2009 Expressed in Thousand Rupiah, unless otherwise stated 22

2. IKHTISAR KEBIJAKAN