Risiko kredit lanjutan Financial risk continued

PT PERTAMINA PERSERO DAN ENTITAS ANAKAND SUBSIDIARIES Lampiran 5243 Schedule CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN 31 DESEMBER 2012 DAN 2011 DAN 1 JANUARI 2011 Dinyatakan dalam ribuan Dolar Amerika Serikat, kecuali dinyatakan lain NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS 31 DECEMBER 2012 AND 2011 AND 1 JANUARY 2011 Expressed in thousands of US Dollar, unless otherwise stated 48. KEBIJAKAN MANAJEMEN RISIKO lanjutan 48. RISK MANAGEMENT POLICY continued

b. Risiko keuangan lanjutan

b. Financial risk continued

III. Risiko likuiditas lanjutan

III. Liquidity risk continued

Grup mendanai kegiatan operasinya terutama melalui arus kas dari kegiatan operasi, dimana bagian yang signifikan terdiri dari penjualan, pembayaran subsidi, fasilitas modal kerja jangka pendek termasuk cerukan bank, LC dan revolving credit, dan pinjaman bank jangka panjang. Sesuai dengan penugasan PSO, Grup harus menyampaikan klaim subsidi kepada Pemerintah setiap akhir bulan untuk bahan bakar minyak subsidi yang didistribusikan selama bulan tersebut. The Group funds its operations principally through cash flow from operations, a significant portion of which comprises sales, subsidy payments, short-term working capital facilities including bank overdrafts, LCs and revolving credits, and long-term bank loans. In accordance with the terms of PSO’s mandate, the Group is required to submit its claim for subsidy to the Government at the end of each month for the subsidised fuel distributed in that month. Pada tanggal 31 Desember 2012 dan 31 Desember 2011, Grup memiliki saldo kas dan setara kas masing-masing sebesar US4.295.373 dan US3.199.325. Grup mengelola risiko likuiditas dengan terus-menerus melakukan monitor terhadap estimasi dan realisasi arus kas dan menyesuaikan jatuh tempo antara piutang usaha dan utang usaha. As of 31 December 2012 and 31 December 2011, the Group had cash and cash equivalents in the amount of US4,295,373 and US3,199,325, respectively. The Group manages liquidity risk by continuously monitoring forecasts and actual cash flows and matching the maturity profiles of trade receivables and trade payables. 31 DesemberDecember 2012 Lebih dari 1 tahun dan kurang dari 5 tahun Kurang dari Later than Lebih dari 1 tahun 1 year and 5 tahun Less than not later than Later than Jumlah 1 year 5 years 5 years Total Berdasarkan PSAK 60 In accordance with SFAS 60 Liabilitas keuangan Financial liabilities Pinjaman jangka pendek 3,843,002 - - 3,843,002 Short-term loans Utang usaha 4,745,376 - - 4,745,376 Trade payables Utang kepada Pemerintah 2,196,815 157,445 523,172 2,877,432 Due to the Government Beban yang masih harus dibayar 1,321,458 - - 1,321,458 Accrued expenses Utang lain-lain 302,723 - - 302,723 Other payables Liabilitas jangka panjang 592,916 1,311,931 128,071 2,032,918 Long-term liabilities Utang obligasi 220,938 1,072,188 6,870,781 8,163,907 Bonds payable Utang jangka panjang lain-lain - 98,945 - 98,945 Other non-current payables Jumlah liabilitas keuangan 13,223,228 2,640,509 7,522,024 23,385,761 Total financial liabilities