Investasi pada Entitas Asosiasi Investment in Associates

PT WINTERMAR OFFSHORE MARINE Tbk PT WINTERMAR OFFSHORE MARINE Tbk DAN ENTITAS ANAK AND SUBSIDIARIES CATATAN ATAS LAPORAN KEUANGAN NOTES TO INTERIM CONSOLIDATED KONSOLIDASIAN INTERIM Lanjutan FINANCIAL STATEMENTS Continued Per 30 Juni 2016 dan 31 Desember 2015 dan Periode 6 Enam As of June 30, 2016 and December 31, 2015 and For the 6 Six Bulan yang Berakhir pada 30 Juni 2016 dan 2015 Months Periods Ended June 30, 2016 and 2015 Dalam US Dolar Penuh In Full US Dollar 37 9. Saldo dan Transaksi dengan

9. Balances and Transactions with Pihak Berelasi

Related Parties a. Personil manajemen kunci Perusahaan adalah Dewan Komisaris dan Dewan Direksi seperti yang dirinci pada Catatan 1.b. a. Key management personel of the Company are the Board of Commissioners and Board of Directors as disclosed in Note 1.b. b. Transaksi dan saldo dengan pihak berelasi adalah sebagai berikut : b. Transactions and balances with related parties are as follows : 2016 2015 2016 2015 USD USD Piutang Usaha Accounts Receivable PT Pelayaran Era Indoasia Fortune 2,556,675 2,059,481 0.59 0.49 PT Pelayaran Era Indoasia Fortune PT Pelayaran Salam Bahagia 1,911,422 1,211,212 0.44 0.27 PT Pelayaran Salam Bahagia FOS Management Services Pte Ltd 143,800 485,500 0.03 0.11 FOS Management Services Pte Ltd Lain-lain Di bawah USD 250,000 172,216 543,528 0.04 0.12 Others Below USD 250,000 Total 4,784,113 4,299,721 1.10

0.98 Total

Piutang Pihak Berelasi Due from Related Party PT Salam Pacific Offshore 725,888 719,519 0.17 0.16 PT Salam Pacific Offshore Total 725,888 719,519 0.17

0.16 Total

Utang Usaha Accounts Payable PT Salam Pacific Offshore 934,212 901,911 0.52 0.47 PT Salam Pacific Offshore Fast Offshore Supply Pte Ltd 305,518 874,053 0.17 0.46 Fast Offshore Supply Pte Ltd Lain-lain Di bawah USD 100,000 291,260 68,039 0.16 0.04 Others Below USD 100,000 Total 1,530,990 1,844,003 0.84

0.96 Total

Utang Pihak Berelasi Due to Related Parties Fast Offshore Supply Pte Ltd 27,115,347 30,401,063 14.95 14.93 Fast Offshore Supply Pte Ltd Seacoral International Ltd 1,500,000 1,500,000 0.83 0.78 Seacoral International Ltd Total 28,615,347 31,901,063 15.78 16.63 Total Bagian Jangka Pendek 6,571,432 6,571,432 3.62 3.43 Current Portion Total Jangka Panjang 22,043,915 25,329,631 12.15

13.21 Total Long Term

Total AssetsTotal Liabilities Persentase Terhadap Total AsetTotal Liabilitas Percentage to 2016 2015 2016 2015 USD USD Pendapatan Revenue PT Pelayaran Salam Bahagia 2,879,099 1,009,354 5.93 1.87 PT Pelayaran Salam Bahagia Fast Offshore Supply Pte Ltd 163,821 43,776 0.34 0.08 Fast Offshore Supply Pte Ltd PT Pelayaran Era Indoasia Fortune 44,594 46,000 0.09 0.09 PT Pelayaran Era Indoasia Fortune PT Era Marinasia Fortune 8,034 30,000 0.02 0.06 PT Era Marinasia Fortune Lain-lain Di bawah USD15,000 -- 1,139 -- 0.00 Others Below USD15,000 Total 3,095,548 1,130,269 6.38

2.10 Total

Beban Langsung Direct Expenses PT Salam Pacific Offshore 1,501,768 428,921 3.94 0.95 PT Salam Pacific Offshore PT Pelayaran Era Indoasia Fortune 1,196,746 668,660 3.14 1.48 PT Pelayaran Era Indoasia Fortune PT Era Marinasia Fortune 753,842 -- 1.98 -- PT Era Marinasia Fortune PT Pelayaran Salam Bahagia 12,142 88,372 0.03 0.20 PT Pelayaran Salam Bahagia Fast Offshore Supply Pte Ltd -- 257,742 -- 0.57 Fast Offshore Supply Pte Ltd PT Bhinneka Eka Karya -- 42,390 -- 0.09 PT Bhinneka Eka Karya Total 3,464,498 1,486,085 9.10

3.30 Total

Beban Usaha Operating Expense PT Wintermajaya Lestari 66,477 43,650 1.53 0.79 PT Wintermajaya Lestari PT Dwiprimajaya Lestari -- 34,500 -- 0.62 PT Dwiprimajaya Lestari Seacoral Maritime Pte Ltd -- 5,351 -- 0.10 Seacoral Maritime Pte Ltd Total 66,477 83,501 1.53

1.50 Total

Persentase Terhadap Jumlah PendapatanBeban Percentage to Total RevenueExpense Manajemen berkeyakinan bahwa seluruh transaksi usaha dengan pihak berelasi dilakukan dengan kebijakan harga dan syarat-syarat normal sebagaimana halnya bila dilakukan dengan pihak ketiga. Management believes that all operating transactions with related parties were done at normal pricing and terms similiar to those done with third parties. c. Hubungan dan sifat saldo akuntransaksi dengan pihak-pihak berelasi adalah sebagai berikut: c. The relationship and nature of accounts balances transactions with related parties are as follows: PT WINTERMAR OFFSHORE MARINE Tbk PT WINTERMAR OFFSHORE MARINE Tbk DAN ENTITAS ANAK AND SUBSIDIARIES CATATAN ATAS LAPORAN KEUANGAN NOTES TO INTERIM CONSOLIDATED KONSOLIDASIAN INTERIM Lanjutan FINANCIAL STATEMENTS Continued Per 30 Juni 2016 dan 31 Desember 2015 dan Periode 6 Enam As of June 30, 2016 and December 31, 2015 and For the 6 Six Bulan yang Berakhir pada 30 Juni 2016 dan 2015 Months Periods Ended June 30, 2016 and 2015 Dalam US Dolar Penuh In Full US Dollar 38 Pihak Berelasi Related Parties Hubungan Dengan Entitas Induk Relationship With the Group Sifat Saldo AkunTransaksi Nature of Account BalanceTransaction PT Dwiprimajaya Lestari Dikendalikan oleh Manajemen Kunci Controlled by Key Management Sewa Bangunan Rental Building. PT Pelayaran Salam Bahagia Dikendalikan oleh Manajemen Kunci Controlled by Key Management Pendapatan Sewa Kapal, Beban Sewa Kapal dan Bunker Reimbursement Vessel Rental Income, Charter Expenses and Bunker Reimbursement. PT Wintermarjaya Lestari Pemegang Saham Mayoritas Majority Shareholder Sewa Bangunan Rental Building. PT Salam Pacific Offshore Entitas Asosiasi Associate Pinjaman Pembelian Kapal dan Beban Sewa Kapal Vessel Loan and Charter Expense. Seacoral Maritime Pte Ltd Dikendalikan oleh Manajemen Kunci Controlled by Key Management Reimbursement Beban Kapal, Pinjaman Pembelian Kapal dan Beban Bunga Operating Expense Reimbursement, Vessel Loan and Interest Expense. Fast Offshore Supply Pte Ltd Entitas Asosiasi Associate Beban Sewa Kapal dan Pinjaman Pembelian Kapal Charter Expense and Vessel Loan. Seacoral International Ltd Dikendalikan oleh Manajemen Kunci Controlled by Key Management Pinjaman Pembelian Kapal Vessel Loan. FOS Management Services Pte Ltd Dikendalikan oleh Manajemen Kunci Controlled by Key Management Pendapatan Sewa Kapal Vessel Rental Income. PT Pelayaran Era Indoasia Fortune Dikendalikan oleh Manajemen Kunci Controlled by Key Management Pendapatan Sewa Kapal, Jasa Manajemen, Beban Sewa Kapal dan Bunker Reimbursement Vessel Rental Income, Management Fee, Charter Expense and Bunker Reimbursement. PT Era Marinasia Fortune Dikendalikan oleh Manajemen Kunci Controlled by Key Management Jasa Manajemen, Beban Sewa Kapal dan Bunker Reimbursement Management Fee, Charter Expense and Bunker Reimbursement. PT Bhinneka Eka Karya Dikendalikan oleh Manajemen Kunci Controlled by Key Management Beban Sewa Kapal Charter Expense. Utang lain-lain kepada Fast Offshore Supply Pte. Ltd. FOS merupakan utang pembelian kapal sesuai dengan Perjanjian Jual-Beli kapal angkut cepat serba guna yang dicicil secara kwartalan dalam 20 - 28 kali pembayaran sampai dengan tahun 2020 dengan tingkat bunga 3 bulan LIBOR + 5 per tahun. Pada tanggal 30 Juni 2016 dan 31 Desember 2015, saldo utang lain-lain kepada FOS masing-masing sebesar USD27,115,347 dan USD30,401,063, dengan bagian yang jatuh tempo dalam 1 tahun masing-masing sebesar USD6,571,432. Other payables to Fast Offshore Supply Pte. Ltd FOS represent payables for vessel purchases according to Sales Purchase Agreement for Fast Multipurpose Vessel equal installments on a quarterly basis until 2020 with an interest rate of 3 months LIBOR + 5 per annum. On June 30, 2016 and December 31, 2015, the balance of other payables to FOS amounted to USD27,115,347 and USD30,401,063, respectively, with maturities within one year amounting to USD6,571,432.