INVENTORIES Acquisition of LNP continued

Indonesian language. PT MNC LAND Tbk DAN ENTITAS ANAK CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN Untuk tahun-tahun yang Berakhir pada tanggal-tanggal 31 Desember 2014 dan 2013 Disajikan dalam Rupiah, kecuali dinyatakan lain PT MNC LAND Tbk AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS For the years ended December 31, 2014 and 2013 Expressed in Rupiah, unless otherwise stated 73 17. PERPAJAKAN lanjutan 17. TAXATION continued c. Pajak Penghasilan Badan lanjutan c. Corporate Income Tax continued 2014 2013 Laba sebelum pajak penghasilan menurut Income before income tax per laporan laba rugi komprehensif consolidated statements of konsolidasian 442.084.664.992 342.032.819.010 comprehensive income Laba entitas anak sebelum pajak penghasilan 249.874.425.720 88.280.315.168 Income before tax of subsidiaries Laba sebelum pajak Perusahaan 192.210.239.272 253.752.503.842 Income before tax of the Company Laba sebelum pajak atas penghasilan yang pajaknya Income before tax on operations bersifat final 37.889.487.813 25.243.412.359 subjected to final tax Laba atas penghasilan yang Income on operations subjected pajaknya bersifat tidak final 154.320.751.459 278.995.916.201 to nonfinal tax Pajak dengan tarif yang Tax at effective tax berlaku 38.571.409.663 69.748.979.051 rate Pengaruh pajak atas penghasilan tidak kena pajak 43.587.594.482 67.548.910.693 Tax effect of nontaxable income Jumlah beban pajak tidak final Total non final tax expense Perusahaan 5.016.184.823 2.200.068.358 of the Company Entitas anak: Subsidiaries: Beban pajak kini 16.202.232.416 14.574.196.656 Current tax Beban manfaat pajak tangguhan 1.251.339.163 14.946.775.890 Deferred tax expense income Jumlah beban pajak tidak final 9.934.708.430 31.721.040.904 Total nonfinal tax expense Beban pajak penghasilan final 12.810.901.602 11.420.416.984 Final income tax expense Total beban pajak 22.745.610.032 43.141.457.888 Total tax expense d. Manfaat pajak penghasilan tangguhan d. Deferred income tax benefit Rincian aset dan liabilitas pajak tangguhan pada tanggal 31 Desember 2014 dan 2013 adalah sebagai berikut: Details of deferred taxes assets and liabilities on December 31, 2014 and 2013 are as follows: 2014 Saldo Awal Aset Pajak Tangguhan Beginning Balance Deferred Tax Assets Manfaat Pajak Penghasilan Tangguhan Deferred Income Tax Benefit Dampak konsolidasi Consolidation effect Saldo Akhir Aset Pajak Tangguhan Ending Balance Deferred Tax Assets Aset Pajak Tangguhan Deferred Tax Assets Entitas anak Subsidiaries Rugi fiskal 572.678.896 491.534.014 - 81.144.882 Fiscal loss Aset tetap 65.384.711 868.827.789 - 934.212.500 Fixed assets Liabilitas imbalan kerja jangka panjang 5.978.919.209 1.043.242.818 2.051.476.077 9.073.638.104 Long-term employee benefits liability Cadangan kerugian penurunan nilai piutang 144.573.816 107.244.531 - 37.329.285 Allowances for impairment losses on receivable Cadangan kerugian penurunan nilai persediaan - - 2.947.423 2.947.423 Allowances for impairment losses on inventories Beban bunga - 21.375.000 - 21.375.000 Interest expenses Total 6.630.787.210 402.988.516 2.054.423.500 8.282.222.194 Total Indonesian language. PT MNC LAND Tbk DAN ENTITAS ANAK CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN Untuk tahun-tahun yang Berakhir pada tanggal-tanggal 31 Desember 2014 dan 2013 Disajikan dalam Rupiah, kecuali dinyatakan lain PT MNC LAND Tbk AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS For the years ended December 31, 2014 and 2013 Expressed in Rupiah, unless otherwise stated 74 17. PERPAJAKAN lanjutan 17. TAXATION continued d. Manfaat pajak penghasilan tangguhan lanjutan d. Deferred income tax benefit continued 2014 lanjutan continued Saldo Awal Liabilitas Pajak Tangguhan Beginning Balance Deferred Tax Liabilities Manfaat Pajak Penghasilan Tangguhan Deferred Income Tax Benefit ampak konsolidasi Consolidation effect Saldo Akhir Liabilitas Pajak Tangguhan Ending Balance Deferred Tax Liabilities Liabilitas Pajak Tangguhan Deferred Tax Liabilities Entitas Anak Subsidiaries Liabilitas imbalan kerja jangka panjang 3.407.150.396 743.548.089 - 4.150.698.485 Long-term employee benefits liability Cadangan kerugian penurunan nilai piutang 199.511.757 156.546.315 - 42.965.442 Allowances for impairment losses on receivabl e Aset tetap 27.337.663.983 1.067.325.905 - 26.270.338.078 Fixed assets Sub-total 23.731.001.830 1.654.327.679 - 22.076.674.151 Sub-total Liabilitas pajak tangguhan dari penyesuaian nilai wajar atas akuisisi entitas anak 24.627.602.372 5.165.123.319 12.138.372.727 31.600.851.784 Deferred tax liabilities from fair value adjustm ent on acquisit ion of subsidi ary Total 48.358.604.202 6.819.450.998 12.138.372.727 53.677.525.935 Total 2013 Saldo Awal Aset Pajak Tangguhan Beginning Balance Deferred Tax Assets Manfaat Pajak Penghasilan Tangguhan Deferred Income Tax Benefit ampak konsolidasi Consolidation effect Saldo Akhir Aset Pajak Tangguhan Ending Balance Deferred Tax Assets Aset Pajak Tangguhan Deferred Tax Assets Perusahaan The Company Rugi Fiskal 1.702.767.752 1.702.767.752 - - Fiscal loss Entitas anak Subsidiaries Rugi fiskal 329.253.334 243.425.562 - 572.678.896 Fiscal loss Aset tetap 185.461.608 120.076.897 - 65.384.711 Fixed assets Liabilitas imbalan kerja jangka panjang 4.709.533.093 1.269.386.116 - 5.978.919.209 Long-term employee benefit s liability Cadangan kerugian penurunan nilai piutang - 144.573.816 - 144.573.816 Allowances for impairmen t losses on receiva ble Sub-total 6.556.092.571 74.694.639 - 6.630.787.210 Sub-total