COST OF REVENUES CAP Consolidated Financial Report 1Q14

PT. CHANDRA ASRI PETROCHEMICAL Tbk DAN ENTITAS ANAK CATATAN ATAS LAPORAN KEUANGAN INTERIM KONSOLIDASIAN PADA TANGGAL 31 MARET 2014 SERTA UNTUK PERIODE TIGA BULAN YANG BERAKHIR PADA TANGGAL TERSEBUT TIDAK DIAUDIT Lanjutan PT. CHANDRA ASRI PETROCHEMICAL Tbk AND ITS SUBSIDIARIES NOTES TO INTERIM CONSOLIDATED FINANCIAL STATEMENTS AS OF MARCH 31, 2014 AND FOR THE THREE-MONTH PERIOD THEN ENDED UNAUDITED Continued - 63 - Pajak kini Current tax Pajak Penghasilan Final Final Income Tax Merupakan pajak penghasilan final RPU atas sewa tangki Represents final income tax of RPU on tank lease. Pajak Penghasilan Non Final Rekonsiliasi antara laba rugi sebelum pajak menurut laporan laba rugi komprehensif interim konsolidasian dengan rugi fiskal adalah sebagai berikut: Non Final Income Tax The reconciliation between profit loss before tax per interim consolidated statements of comprehensive income and fiscal loss is as follows: 2014 2013 Tiga bulan Tiga bulan Three months Three months Tidak diaudit Tidak diaudit Unaudited Unaudited US000 US000 Laba rugi sebelum pajak Profit loss before tax per menurut laporan laba rugi consolidated statements of komprehensif konsolidasian 1.257 4.284 comprehensive income Laba sebelum pajak entitas anak Profit before tax of subsidiaries setelah dilakukan penyesuaian after adjustment in pada level konsolidasian 6.440 922 consolidated level Rugi sebelum pajak Perusahaan 5.183 5.206 Loss before tax of the Company Perbedaan temporer: Temporary differences: Perbedaan penyusutan Difference between commercial komersial dan fiskal 2.506 2.154 and fiscal depreciation Cadangan penurunan nilai Allowance for decline in value persediaan - 717 of inventories Imbalan pasca kerja 1.455 3.027 Post-employment benefits Lain-lain 74 54 Others Jumlah 4.035 5.844 Total Perbedaan yang tidak dapat Nondeductible expenses diperhitungkan menurut fiskal: nontaxable income: Penghasilan bunga 1.759 153 Interest income Lain-lain 2.883 1.870 Others Jumlah 1.124 1.717 Total Laba kena pajak rugi fiskal 24 2.355 Taxable income fiscal loss Rugi fiskal tahun sebelumnya Unexpired prior years fiscal yang belum kadaluarsa 106.264 86.364 losses Akumulasi rugi fiskal 106.288 84.009 Accumulated fiscal losses Perusahaan telah mendapat persetujuan dari Direktorat Jenderal Pajak untuk melakukan pelaporan perpajakan dalam mata uang Dolar Amerika Serikat mata uang fungsional, efektif 1 Januari 2011, dalam Keputusan Menteri Keuangan Republik Indonesia No. KEP-83WPJ.192010 tanggal 21 Oktober 2010, sehubungan dengan perubahan status Perusahaan dari Penanaman Modal Dalam Negeri menjadi Penanaman Modal Asing berdasarkan Izin Prinsip Penanaman Modal dari Badan Koordinasi Penanaman Modal BKPM No. 1971IPPMA2010. The Company has obtained the approval from the Directorate General of Taxes to report its taxation reporting in US Dollar functional currency, effective January 1, 2011, through Decision Letter No. KEP-83WPJ.192010, of Ministry of Finance of the Republic of Indonesia dated October 21, 2010. This is related to the change of the Company’s status from Domestic Capital Investment to Foreign Capital Investment based on Permit of Capital Investment Principle from Capital Market Coordination Board No. 1971IPPMA2010. PT. CHANDRA ASRI PETROCHEMICAL Tbk DAN ENTITAS ANAK CATATAN ATAS LAPORAN KEUANGAN INTERIM KONSOLIDASIAN PADA TANGGAL 31 MARET 2014 SERTA UNTUK PERIODE TIGA BULAN YANG BERAKHIR PADA TANGGAL TERSEBUT TIDAK DIAUDIT Lanjutan PT. CHANDRA ASRI PETROCHEMICAL Tbk AND ITS SUBSIDIARIES NOTES TO INTERIM CONSOLIDATED FINANCIAL STATEMENTS AS OF MARCH 31, 2014 AND FOR THE THREE-MONTH PERIOD THEN ENDED UNAUDITED Continued - 64 - Perhitungan pajak kini, pajak dibayar dimuka dan utang pajak adalah sebagai berikut: Current tax expense, prepaid tax and tax payable are computed as follow: 2014 2013 Tiga bulan Tiga bulan Three months Three months Tidak diaudit Tidak diaudit Unaudited Unaudited US000 US000 Beban pajak kini Current tax expense SMI 333 - SMI Dikurangi pajak penghasilan Less prepayment of dibayar dimuka income taxes Pasal 22 11.012 12.465 Article 22 Pasal 23 857 10 Article 23 Jumlah 11.869 12.475 Total Pajak dibayar dimuka Prepaid tax Perusahaan 10.744 11.165 The Company SMI 654 1.256 SMI PBI 138 54 PBI Jumlah 11.536 12.475 Total Pajak Tangguhan Rincian dari aset liabilitas pajak tangguhan adalah sebagai berikut: Deferred Tax The details of the deferred tax assets liabilities are as follows: Dikreditkan Dikreditkan dibebankan dibebankan pada tahun pada tahun berjalan berjalan Credited Credited 1 Januari charged to 31 Desember charged to 31 Maret January 1, profit or loss December 31, profit or loss March 31, 2013 for the year 2013 for the year 2014 US 000 US 000 US 000 US 000 US 000 Perusahaan The Company Rugi fiskal 21.591 4.975 26.566 6 26.572 Fiscal loss Depreciation of property, plant Penyusutan aset tetap 136.339 1.686 134.653 626 134.027 and equipment Imbalan pasca kerja 3.304 154 3.150 358 3.508 Post-employment benefits Lain-lain 551 53 498 24 522 Others Liabilitas pajak tangguhan - bersih 110.893 6.454 104.439 1.014 103.425 Deferred tax liabilities - net Liabilitas pajak tangguhan Deferred tax liabilities SMI 18.648 2.853 21.501 542 22.043 SMI PBI - 650 650 809 1.459 PBI Jumlah liabilitas pajak tangguhan - bersih 129.541 2.951 126.590 337 126.927 Total deferred tax liabilities - net Tidak diauditUnaudited DiauditAudited