Penyisihan beban imbalan kerja lanjutan Provision for employee benefits continued Instrumen keuangan Financial instruments

Indonesian language. PT CITRA TUBINDO Tbk DAN ENTITAS AN AK CATATAN ATAS L APOR AN KEUANGAN KONSOLIDASIAN Tahun Yang Berakhir Pada Tanggal-tanggal 31 Desember 2012 dan 2011 Disajikan dalam dolar AS, kecuali dinyatakan lain PT CITRA TUBINDO Tbk AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS Years Ended December 31, 2012 and 2011 Expressed in U.S. dollars, unless otherwise stated 40

2. IKHTISAR KEBIJAK AN AKUNTANSI PENTING lanjutan

2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued

t. Instrumen keuangan lanjutan

t. Financial instruments continued

t6. Penghentian pengakuan aset dan liabilitas keuangan lanjutan t6. Derecognition of financial assets and liabilities continued Liabilitas keuangan Liabilitas keuangan dihentikan pengakuanny a pada saat liabilitas tersebut dihentikan atau dibatalkan atau kadaluwarsa. Ketika suatu liabilitas keuangan y ang ada digantikan oleh liabilitas keuangan lain dari pemberi pinjaman y ang sama dengan persy aratan yang berbeda secara substantial, atau modif ikasi secara substansial persy aratan dari suatu liabilitas yang saat ini ada, pertukaran atau modifikasi tersebut diperlakukan sebagai penghentian pengakuan liabilitas awal dan pengakuan liabilitas baru, dan selisih antara nilai tercatat masing- masing liabilitas diakui dalam laporan laba rugi komprehensif konsolidasian. Financial liabilities A financial liability is derecognized when the obligation under the liability is discharged or cancelled or has expired. When an existing financial liability is replaced by another from the same lender on substantially different terms, or the terms of an existing liability are substantially modified, such an exchange or modification is treated as a derecognition of the original liability and the recognition of a new liability, and the difference in the respective carrying amounts is recognized in the consolidated statement of comprehensive income.

u. Penerapan standar akuntansi lainnya yang telah direvisi

u. Adoption of other revised accounting standards

Selain standar akuntansi y ang telah direvisi y ang telah disebutkan sebelumnya pada tanggal 1 Januari 2012, Grup juga menerapkan standar akuntansi yang telah direv isi berikut, y ang dianggap relev an terhadap laporan keuangan konsolidasian namun tidak menimbulkan dampak yang signif ikan kecuali bagi pengungkapan terkait: Other than the revised accounting standards previously mentioned above, the Group also adopted the following revised accounting standards on January 1, 2012, which are considered relevant to the consolidated financial statements but did not have significant impact except for the related disclosures: • ISAK No. 20 Revisi 2010, “Pajak Penghasilan - Perubahan Status Pajak Badan dan Pemegang Sahamnya” • ISAK No. 23 Rev isi 2011, “Insentif Sewa Operasi” • ISAK No. 24 Revisi 2011, “Ev aluasi Substansi Beberapa Transaksi y ang Melibatkan suatu Bentuk Legal Sewa” • ISAK No. 20 2010, “Income Taxes - Changes in the Tax Status of an Entity or its Shareholder” • ISAK No. 23 2011, “Operating Leases - Incentives” • ISAK No. 24 2011, “Evaluating the Substance of Transactions Involving the Legal Form of a Lease” Indonesian language. PT CITRA TUBINDO Tbk DAN ENTITAS AN AK CATATAN ATAS L APOR AN KEUANGAN KONSOLIDASIAN Tahun Yang Berakhir Pada Tanggal-tanggal 31 Desember 2012 dan 2011 Disajikan dalam dolar AS, kecuali dinyatakan lain PT CITRA TUBINDO Tbk AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS Years Ended December 31, 2012 and 2011 Expressed in U.S. dollars, unless otherwise stated 41 3. SUMBER KETIDAKPAS TI AN DARI ESTIMASI 3. SOURCES OF ESTIMATION UNCERTAINTY Pertimbangan Judgments Peny usunan laporan keuangan konsolidasian Grup mengharuskan manajemen untuk membuat pertimbangan, estimasi dan asumsi yang mempengaruhi jumlah y ang dilaporkan dari pendapatan, beban, aset dan liabilitas, dan pengungkapan atas liabilitas kontijensi, pada akhir periode pelaporan. Ketidakpastian mengenai asumsi dan estimasi tersebut dapat mengakibatkan peny esuaian material di periode y ang akan datang terhadap nilai tercatat aset atau liabilitas y ang terkait. The preparation of the Group’s consolidated financial statements requires management to make judgments, estimates and assumptions that affect the reported amounts of revenues, expenses, assets and liabilities, and the disclosure of contingent liabilities, at the end of the reporting period. Uncertainty about these assumptions and estimates could result in outcomes in future periods that require material adjustment to the carrying amounts of the assets or liabilities affected. Pertimbangan berikut ini dibuat oleh manajemen dalam rangka penerapan kebijakan akuntansi Grup y ang memiliki pengaruh paling signifikan atas jumlah y ang diakui dalam laporan keuangan konsolidasian: The following judgments are made by management in the process of applying the Group’s accounting policies that have the most significant effects on the amounts recognized in the consolidated financial statements: Penentuan Mata Uang Fungsional Determination of Functional Currency Mata uang f ungsional dari masing - masing entitas dalam Grup adalah mata uang dari lingkungan ekonomi primer dimana entitas beroperasi. Mata uang tersebut adalah mata uang y ang mempengaruhi pendapatan dan beban dari jasa y ang diberikan. The currency of each of the entities under the Group is the currency of the primary economic environment in which each entity operates. It is the currency that mainly influences the revenue and cost of rendering services. Klasif ikasi Aset dan Liabilitas Keuangan Classification of Financial Assets and Financial Liabilities Grup menetapkan klasif ikasi atas aset dan liabilitas tertentu sebagai aset keuangan dan liabilitas keuangan dengan mempertimbangkan apakah def inisi yang ditetapkan PSAK No. 55 Revisi 2011 dipenuhi. Dengan demikian, aset keuangan dan liabilitas keuangan diakui sesuai dengan kebijakan akuntansi Grup seperti diungkapkan pada Catatan 2t. The Group determines the classifications of certain assets and liabilities as financial assets and financial liabilities by judging if they meet the definition set forth in PSAK No. 55 Revised 2011. Accordingly, the financial assets and financial liabilities are accounted for in accordance with the Group’s accounting policies as disclosed in Note 2t. Peny isihan atas Kerugian Penurunan Nilai Piutang Usaha - Ev aluasi Indiv idual Allowance for Impairment Losses on Trade Receivables - Individual Assessment Grup mengev aluasi akun tertentu jika terdapat inf ormasi adanya pelanggan y ang tidak dapat memenuhi liabilitas keuangannya. The Group evaluates specific accounts where it has information that certain customers are unable to meet their financial obligations. Dalam hal tersebut, Grup mempertimbangkan, berdasarkan f akta dan situasi y ang tersedia, termasuk namun tidak terbatas pada jangka waktu hubungan dengan pelanggan dan status kredit dari pelanggan berdasarkan catatan kredit dari pihak ketiga jika tersedia dan f aktor pasar y ang telah diketahui, untuk mencatat provisi spesifik atas pelanggan terhadap jumlah piutang pelanggan guna mengurangi jumlah piutang y ang diharapkan dapat diterima oleh Grup. Provisi spesif ik ini diev aluasi kembali dan disesuaikan jika tambahan inf ormasi y ang diterima mempengaruhi jumlah cadangan untuk penurunan nilai piutang usaha. Penjelasan lebih lanjut diungkapkan dalam Catatan 5. In these cases, the Group uses judgment, based on available facts and circumstances, including but not limited to, the length of its relationship with the customers and the customers’ current credit status based on any third-party credit reports if available and known market factors, to record specific provisions for customers against amounts due to reduce its receivable amounts that the Group expects to collect. These specific provisions are re- evaluated and adjusted as additional information received affects the amounts of allowance for impairment losses on trade receivables. Further details are disclosed in Note 5.