ADVANCE PAYMENTS DEFINED POST-EMPLOYMENT BENEFIT RESERVE LEASE LIABILITIES BANK LOANS PT Bank Index Selindo
6. ADVANCE PAYMENTS
As of June 30, 2011 balance of advance payments amounted to Rp1,504 million which consisted of advances received from PT Mitrada Sinergy with respect to the coal buy and purchase agreement with the Company.7. DEFINED POST-EMPLOYMENT BENEFIT RESERVE
On of June 30, 2011, the reserve for post-employment benefit amounted to Rp14,734 million. Last actuarial calculation on reserves for post-employment benefit by the PT Eldridge Gunaprima Solution, an independent actuary, dated July 21, 2011. Total employees entitled to post-employment benefits are 363 employees. The main actuarial assumptions used in the calculation of post-employment benefit for the six months ended on June 30, 2011 are the discount rate of 8 per annum, the rate of salary increment of 8 per annum and the normal retirement age of 55 years.8. LEASE LIABILITIES
On October 10, 2008, KIM, a subsidiary of the Company, entered into a vehicles finance lease agreement to Rp388 million with PT BCA Finance, a third party, for the lease period of 4 four years and will be expired in 2012. This finance lease bears interest at 13.27 per annum. The details of the lease liabilities are as follows: Description Total Payment is due within: One year 99 Two years 25 Minimum lease liabilities payment 124 Minus: interest of minimum lease liabilities payment 10 Total 114 Portion which will mature within one year 90 Portion which will mature in more than one year 24 Total 1149. BANK LOANS PT Bank Index Selindo
On various dates in 2009 and 2008, KIM, a subsidiary of the Company, entered into Multi Purpose Credit agreements with total maximum facility respectively amounted to Rp3,000 million and Rp510 million with PT Bank Index Selindo, a third party, with a loan period of 3 three to 5 five years. The Multi Purpose Credit repayment schedule as of June 30, 2011 is as follows: Description Total Payment is due within: One year 431 Two years 502 Three years 395 Four years 111 Five years 73 Total 1,512 Portion which will mature within one year 431 Portion which will mature in more than one year 1,081 Total 1,51210. CONVERTIBLE BONDS
Parts
» A Brief History of the Company
» Public Offering Capital Structure and Company’s Shareholders Composition
» Business Risks DISTRIBUTION OF PROSPECTUS AND SHARE SUBSCRIPTION ORDER
» Competitive Advantage Business Strategy Summary of Financial Highlights
» Dividend Policy DISTRIBUTION OF PROSPECTUS AND SHARE SUBSCRIPTION ORDER
» OF THIS PROSPECTUS Material Case
» Information on Subsidiaries PENAWARAN UMUM PERDANA
» Summary of Strategic Agreement
» Plan of Shares Selling by Majority Shareholder of the
» CONVERTIBLE BONDS DISTRIBUTION OF PROSPECTUS AND SHARE SUBSCRIPTION ORDER
» General DISTRIBUTION OF PROSPECTUS AND SHARE SUBSCRIPTION ORDER
» Factors Affecting the Business Activities and Operation Results
» Material Accounting Policies DISTRIBUTION OF PROSPECTUS AND SHARE SUBSCRIPTION ORDER
» Finance A. Growth of Revenues, Expenses and Profit
» Financial Ratio Liquidity DISTRIBUTION OF PROSPECTUS AND SHARE SUBSCRIPTION ORDER
» Capital Expenditure DISTRIBUTION OF PROSPECTUS AND SHARE SUBSCRIPTION ORDER
» Risk Management DISTRIBUTION OF PROSPECTUS AND SHARE SUBSCRIPTION ORDER
» Risk of significant coal price fluctuation
» Risk of increasing fuel price andor raw materials andor
» Risk DISTRIBUTION OF PROSPECTUS AND SHARE SUBSCRIPTION ORDER
» Risk from DISTRIBUTION OF PROSPECTUS AND SHARE SUBSCRIPTION ORDER
» Risk from limited services and coal transportation routes Risk of declining coal quality
» Risk of coal oversupply Risk of failure or delay in the implementation of the Company’s strategy
» Risk of mine reclamation and rehabilitation requirements
» Risk of stock price fluctuation
» Risk of possibility of no dividend payment
» Risk of terminated or revoked coal mining rights by the Government
» Risk of illegal mining Risk associated with the local population in mining areas
» Risk of labor actions and demonstration
» Risk of DISTRIBUTION OF PROSPECTUS AND SHARE SUBSCRIPTION ORDER
» BRIEF HISTORY OF THE COMPANY
» DEVELOPMENT OF COMPANY’S SHAREHOLDING STRUCTURE
» MANAGEMENT AND SUPERVISION DISTRIBUTION OF PROSPECTUS AND SHARE SUBSCRIPTION ORDER
» ORGANIZATION STRUCTURE OF THE COMPANY HUMAN RESOURCES
» BRIEF DESCRIPTION OF SHAREHOLDERS IN THE FORM OF LIMITED LIABILITY COMPANIES
» BRIEF DESCRIPTION OF THE SUBSIDIARIES
» LICENSING DISTRIBUTION OF PROSPECTUS AND SHARE SUBSCRIPTION ORDER
» DESCRIPTION ON COMPANY’S ASSETS
» INSURANCE DISTRIBUTION OF PROSPECTUS AND SHARE SUBSCRIPTION ORDER
» MATERIAL AGREEMENTS DISTRIBUTION OF PROSPECTUS AND SHARE SUBSCRIPTION ORDER
» TRANSACTIONS WITH RELATED PARTIES
» LEGAL PROCEEDINGS INVOLVING THE COMPANY
» OVERVIEW BUSINESS ACTIVITIES AND PROSPECTS OF THE COMPANY AND SUBSIDIARIES
» BUSINESS PROSPECTS BUSINESS ACTIVITIES AND PROSPECTS OF THE COMPANY AND SUBSIDIARIES
» COMPETITIVE ADVANTAGE BUSINESS ACTIVITIES AND PROSPECTS OF THE COMPANY AND SUBSIDIARIES
» COAL PRODUCTS BUSINESS ACTIVITIES AND PROSPECTS OF THE COMPANY AND SUBSIDIARIES
» COAL MINING PROJECTS BUSINESS ACTIVITIES AND PROSPECTS OF THE COMPANY AND SUBSIDIARIES
» EXPLORATION ACTIVITIES BUSINESS ACTIVITIES AND PROSPECTS OF THE COMPANY AND SUBSIDIARIES
» LAND COMPENSATION AND CULTIVATED PLANTS MINING OPERATION ACTIVITIES
» PRODUCTION INFRASTRUCTURES AND FACILITIES
» COMPETITION BUSINESS ACTIVITIES AND PROSPECTS OF THE COMPANY AND SUBSIDIARIES
» BUSINESS STRATEGY AND DEVELOPMENT PLAN
» GOOD CORPORATE GOVERNANCE CORPORATE SOCIAL RESPONSIBILITY
» ENVIRONMENTAL IMPACT ASSESSMENT EIA
» OCCUPATIONAL HEALTH AND SAFETY K3
» Energy content Ash BUSINESS ACTIVITIES AND PROSPECTS OF THE COMPANY AND SUBSIDIARIES
» Sulfur BUSINESS ACTIVITIES AND PROSPECTS OF THE COMPANY AND SUBSIDIARIES
» Moisture Content or Humidity
» DIVIDEND POLICY Prospektus English GEMS
» Non-resident Tax Payer TAXATION
» Resident Tax Payer Indonesian Shareholder
» UNDERWRITING SYNDICATION COMPOSITION TAXATION
» DETERMINATION OF OFFERED PRICE IN THE PRIMARY MARKET
» Legal Consultant: MAKES PARTNERS
» Public Accountants: KAP MULYAMIN SENSI SURYANTO Public Notary: LINDA HERAWATI, S.H.
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