Going concern continued Dasar Basis of preparation of the consolidated

PT BORNEO LUMBUNG ENERGI METAL Tbk. DAN ENTITAS ANAKAND SUBSIDIARIES Lampiran 511 Schedule CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN 31 DESEMBER 2013 DAN 2012 Dinyatakan dalam Dolar AS, kecuali dinyatakan lain NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS 31 DECEMBER 2013 AND 2012 Expressed in US Dollars, unless otherwise stated

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lanjutan 2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued b. Dasar penyusunan laporan keuangan konsolidasian lanjutan b. Basis of preparation of the consolidated financial statements continued Perubahan pada Pernyataan Standar Akuntansi Keuangan “PSAK” dan Interpretasi Standar Akuntansi Keuangan “ISAK” lanjutan Changes to the Statements of Financial Accounting Standards “SFAS” and Interpretations of Statements of Financial Accounting Standards “ISFAS” continued - ISAK 29, “Biaya Pengupasan Lapisan Tanah Tahap Produksi pada Pertambangan Terbuka” lanjutan - ISFAS 29, “Stripping Costs in the Production Phase of a Surface Mine” continued Manajemen berpendapat bahwa interpretasi ini tidak berdampak material terhadap posisi dan kinerja keuangan. Management believes that this interpretation will not have material impact on the Group’s financial position and performance. Berikut adalah interpretasi baru yang wajib diterapkan untuk pertama kalinya untuk tahun buku yang akan dimulai 1 Januari 2014, namun tidak berdampak material terhadap laporan keuangan konsolidasian Grup: - ISAK 27, “Pengalihan Aset dari Pelanggan” - ISAK 28, “Pengakhiran Liabilitas Keuangan dengan Instrumen Ekuitas” Standar, interpretasi beserta revisi atas standar yang berlaku berikut telah diterbitkan dan bersifat wajib bagi laporan keuangan konsolidasian Grup untuk periode yang dimulai pada atau setelah tanggal 1 Januari 2015: - PSAK 1 Revisi 2013, “Penyajian Laporan Keuangan” - PSAK 4 Revisi 2013, “Laporan Keuangan Tersendiri” - PSAK 15 Revisi 2013, “Investasi pada Entitas Asosiasi dan Ventura Bersama” - PSAK 24 Revisi 2013, “Imbalan Kerja” - PSAK 46 Revisi 2014, “Pajak Penghasilan” - PSAK 48 Revisi 2014, “Penurunan Nilai Aset” - PSAK 50 Revisi 2014, “Instrumen Keuangan: Penyajian” - PSAK 55 Revisi 2014, “Instrumen Keuangan: Pengakuan dan Pengukuran” - PSAK 60 Revisi 2014, “Instrumen Keuangan: Pengungkapan” - PSAK 65, “Laporan Keuangan Konsolidasian” - PSAK 66, “Pengaturan Bersama” - PSAK 67, “Pengungkapan Kepentingan dalam Entitas Lain” - PSAK 68, “Pengukuran Nilai Wajar” - ISAK 26 Revisi 2014, “Penilaian Kembali Derivatif Melekat” Below are new interpretations that are mandatory for application for the first time for financial years beginning on or after 1 January 2014, but did not have a material impact on the Group’s consolidated financial statements: - ISFAS 27, “Transfer of Assets from Customers” - ISFAS 28, “Extinguishing Financial Liabilities with Equity Instruments” The following standards, interpretations and amendments to existing standards have been published and are mandatory for the Group’s consolidated financial statements for periods beginning on or after 1 January 2015: - SFAS 1 Revised 2013, “Presentation of Financial Statements” - SFAS 4 Revised 2013, “Separate Financial Statements” - SFAS 15 Revised 2013, “Investment in Associates and Joint Ventures” - SFAS 24 Revised 2013, “Employee Benefits” - SFAS 46 Revised 2014, “Income Taxes” - SFAS 48 Revised 2014, “Impairment of Assets” - SFAS 50 Revised 2014, “Financial Instrument: Presentation” - SFAS 55 Revised 2014, “Financial Instrument: Recognition and Measurement” - SFAS 60 Revised 2014, “Financial Instrument: Disclosures” - SFAS 65, “Consolidated Financial Statements” - SFAS 66, “Joint Arrangements” - SFAS 67, “Disclosure of Interests in Other Entities” - SFAS 68 “Fair Value Measurement” - ISFAS 26 Revised 2014, “Reassessment of Embedded Derivatives” PT BORNEO LUMBUNG ENERGI METAL Tbk. DAN ENTITAS ANAKAND SUBSIDIARIES Lampiran 512 Schedule CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN 31 DESEMBER 2013 DAN 2012 Dinyatakan dalam Dolar AS, kecuali dinyatakan lain NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS 31 DECEMBER 2013 AND 2012 Expressed in US Dollars, unless otherwise stated

2. IKHTISAR KEBIJAKAN AKUNTANSI PENTING