Interest rate swap transaction

142 PT BAYAN RESOURCES Tbk. Laporan Tahunan 2010 Annual Report Lampiran 555 Schedule CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN 31 DESEMBER 2010 DAN 2009 Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan secara khusus NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS 31 DECEMBER 2010 AND 2009 Expressed in million Indonesian Rupiah, unless otherwise stated 16. INSTRUMEN DERIVATIF lanjutan 16. DERIVATIVE INSTRUMENTS continued

c. Transaksi lindung nilai bahan bakar minyak

c. Gas oil hedging transactions

Selama tahun 2010 dan 2009, Perusahaan dan GBP telah melakukan serangkaian transaksi untuk melakukan lindung nilai atas harga beli bahan bakar minyak di masa mendatang dengan SCB dan ANZ. Pada tahun 2010, Perusahaan telah melakukan serangkaian transaksi untuk melakukan lindung nilai atas harga beli bahan bakar dengan BNP Paribas During 2010 and 2009, the Company and GBP entered into a series of transactions to hedge future fuel purchases with SCB and ANZ. In 2010, the Company also entered into a series of transactions to hedge future fuel purchases with BNP Paribas. Transaksi tersebut merupakan transaksi lindung nilai arus kas efektif menurut standar akuntansi yang berlaku. These transactions are effective cash flow hedges for the purposes of the accounting standard. Kontrak yang masih berlaku pada tanggal 31 Desember 2010 adalah sebagai berikut: The following gas oil hedging transactions were outstanding as at 31 December 2010: Jumlah nosional barel Referensi harga Tanggal Entitas Mitra transaksi Total notional komoditasCommodity jatuh tempo Entity Counter parties amounts barrels reference price Final maturity date GBP SCB 192,000 Gas Oil -0.5 Singapore 31 Desember - platts Asia Pacific December 2011 ANZ 186,000 Gas Oil -0.5 Singapore 31 Desember - platts Asia Pacific December 2011 BR ANZ 12,000 Gas Oil -0.5 Singapore 31 Desember - platts Asia Pacific December 2011 BNP Paribas 120,000 Gas Oil -0.5 Singapore 31 Desember - platts Asia Pacific December 2011 Kontrak-kontrak ini memiliki nilai wajar positif sebesar AS5.365.263 pada tanggal 31 Desember 2010 2009: AS2.766.878. These contracts had a positive fair value of US5,365,263 as at 31 December 2010 2009: US2,766,878.

d. Coal-linked Capped Loss Swap

d. Coal-linked Capped Loss Swap

Pada tahun 2010, Perusahaan melakukan ikatan kontrak API 4 Coal-linked Capped Loss Swap dengan SCB. Settlement ini diatur setiap 3 bulan dan kontrak tersebut akan berakhir pada bulan Januari 2013. In 2010, the Company entered into an API 4 Coal-linked Capped Loss Swap contract with SCB. The settlements are arranged quarterly and the contract expires in January 2013. Kontrak ini memiliki nilai wajar sebesar AS19.207.507 pada tanggal 31 Desember 2010. Keuntungan atau kerugian tersebut dicatat sebagai pendapatanbeban lain-lain dalam laporan laba rugi konsolidasian. This contract had a fair value of US19,207,507 as at 31 December 2010. The gain or loss was recorded as other incomeexpense in the consolidated statements of income. 143 PT BAYAN RESOURCES Tbk. Laporan Tahunan 2010 Annual Report Lampiran 556 Schedule CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN 31 DESEMBER 2010 DAN 2009 Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan secara khusus NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS 31 DECEMBER 2010 AND 2009 Expressed in million Indonesian Rupiah, unless otherwise stated 17. MODAL SAHAM 17. SHARE CAPITAL

a. Modal saham

a. Share capital

Pemegang saham Perusahaan pada tanggal 31 Desember 2010 dan 2009 adalah sebagai berikut: The Company’s shareholders as at 31 December 2010 and 2009 are as follows: 31 DesemberDecember 2010 Saham ditempatkan dan disetor penuh Issued and fully paid capital Jumlah Saham Pemegang SahamShareholders Number of Shares NilaiValue Low Tuck Kwong 1,722,010,000 172,201 51.66 Korea Electric Power Corporation 666,667,000 66,667 20.00 Enel Investment Holding BV. 333,333,500 33,333 10.00 Engki Wibowo 198,695,000 19,870 5.96 Jenny Quantero 99,497,500 9,950 2.98 Lim Chai Hock danand Dynamic Resources Corporation 88,868,000 8,887 2.67 Chin Wai Fong danand Empire Management Corporation 53,427,000 5,343 1.60 Low Yi Ngo 5,694,500 569 0.17 Russell John Neil 300,000 30 0.01 Alastair McLeod 300,000 30 0.01 Michael Sumarijanto 300,000 30 0.01 MasyarakatPublic 164,241,000 16,423 4.93 3,333,333,500 333,333 100.00 31 DesemberDecember 2009 Saham ditempatkan dan disetor penuh Issued and fully paid capital Jumlah Saham Pemegang SahamShareholders Number of Shares NilaiValue Low Tuck Kwong 1,972,180,500 197,218 59.17 Enel Investment Holding BV. 333,333,500 33,333 10.00 Engki Wibowo 262,695,000 26,269 7.88 Jenny Quantero 131,497,500 13,150 3.94 Lim Chai Hock danand Dynamic Resources Corporation 88,868,000 8,887 2.67 Chin Wai Fong danand Empire Management Corporation 53,427,000 5,343 1.60 Low Yi Ngo 3,655,500 366 0.11 Russell John Neil 300,000 30 0.01 Alastair McLeod 300,000 30 0.01 Michael Sumarijanto 300,000 30 0.01 R. Soedjoko Tirtosoekotjo 80,000 8 0.00 MasyarakatPublic 486,696,500 48,669 14.60 3,333,333,500 333,333 100.00 Pada tanggal 31 Desember 2010 and 2009, 8 saham Perusahaan yang dimiliki Low Tuck Kwong digunakan sebagai jaminan atas pinjaman dari Vitol Asia Pte. Ltd. lihat Catatan 15b. As at 31 December 2010 and 2009, 8 of the Company’s share capital owned by Low Tuck Kwong was pledged as collateral for the loan due to Vitol Asia Pte. Ltd. refer to Note 15b.