Proyek Tebo Tebo Project

PT BAKRIE SUMATERA PLANTATIONS Tbk AND SUBSIDIARIES NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS FOR THE THREE-MONTH PERIOD ENDED MARCH 31, 2015 Expressed in thousands of Rupiah, unless otherwise stated 74 15. PROYEK PENGEMBANGAN USAHA Lanjutan 15. BUSINESS DEVELOPMENT PROJECTS Continued c. Proyek Karet c. Rubber Project Proyek Karet merupakan biaya yang dikeluarkan Kelompok Usaha sehubungan dengan rencana proyek pengembangan perkebunan karet di Bengkulu dengan luas areal 3.528 hektar. Rubber Project consists of costs incurred by the Group related to the development of the project plan for rubber plantations in Bengkulu of 3,528 hectares. Pada tahun 2014, Proyek Karet telah dihapuskan sebesar Rp141,24 juta, sedangkan sebesar Rp250 juta direklasifikasi sebagai “Aset tidak lancar lainnya”. In 2014, Rubber Project costs amounting to Rp141.24 million were written-off, while Rp250 million were reclassified to “Other non-current assets”. Berdasarkan evaluasi manajemen, kecuali atas beberapa proyek yang telah dihapuskan, tidak terdapat kejadian- kejadian atau perubahan-perubahan keadaan yang mengindikasikan adanya penurunan nilai proyek pengembangan usaha Kelompok Usaha. Based on the evaluation of management, except for certain projects which have been written-off, there were no events or changes in circumstances that indicate impairment in the value of the Group’s business development projects. 16. BEBAN TANGGUHAN HAK ATAS TANAH 16. DEFERRED COSTS OF LAND RIGHTS Akun ini terdiri dari: This account consists of: 31 Maret 2015 31 Desember 2014 March 31, 2015 December 31, 2014 Beban tangguhan hak atas tanah 15.133.718 5.495.757 Deferred cost of land rights Penambahan - 9.637.961 Additions Total 15.133.718 15.133.718 Total Akumulasi amortisasi 1.537.540 1.427.602 Accumulated amortization Neto 13.596.178 13.706.116 Net Mutasi akumulasi amortisasi beban tangguhan hak atas tanah adalah sebagai berikut: Movements in accumulated amortization of deferred costs of land rights are as follows: 31 Maret 2015 31 Desember 2014 March 31, 2015 December 31, 2014 Saldo awal 1.427.602 938.673 Beginning balance Beban amortisasi periode berjalan 109.938 488.929 Amortization expense for the period Saldo akhir 1.537.540 1.427.602 Ending balance PT BAKRIE SUMATERA PLANTATIONS Tbk AND SUBSIDIARIES NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS FOR THE THREE-MONTH PERIOD ENDED MARCH 31, 2015 Expressed in thousands of Rupiah, unless otherwise stated 75 17. PINJAMAN BANK JANGKA PENDEK 17. SHORT-TERM BANK LOANS Pada tanggal 14 Maret 2015 dan 21 Maret 2015, PT Citalaras Cipta Indonesia “CCI” dan PT Julang Oca Permana “JOP”, Entitas Anak, telah memperbaharui pinjaman yang diperoleh dari PT Bank Capital Indonesia Tbk “BACA” masing-masing sebesar Rp20 milliar pada tahun 2012. Fasilitas ini masing-masing dikenakan bunga pinjaman sebesar 16 per tahun dan akan jatuh tempo dalam setahun. Pinjaman tersebut digunakan CCI dan JOP untuk membiayai modal kerjanya. On March 14, 2015 and March 21, 2015, PT Citalaras Cipta Indonesia “CCI” and PT Julang Oca Permana “JOP”, Subsidiaries, respectively, has renewed their loans which received in 2012 from PT Bank Capital Indonesia Tbk “BACA” amounting to Rp20 billion each. These facilities bear an interest rate of 16 each per annum and will mature in one year. These facilities were used by CCI and JOP to finance their working capital. Fasilitas ini dijamin meliputi tanah, termasuk bangunan dan segala sesuatu yang berdiri dan tertanam diatas tanah tersebut yang dimiliki PT Sumbertama Nusapertiwi “SNP”; mesin-mesin dan peralatan yang dimiliki SNP; dan Corporate Guarantee dari SNP. These facilities were secured by land, including buildings and everything built and planted on the land of PT Sumbertama Nusapertiwi “SNP”; machinery and equipment of SNP; and Corporate Guarantee from SNP. Pada tanggal 31 Maret 2015 dan 31 Desember 2014, saldo pinjaman dari PT Bank Capital Indonesia Tbk sebesar Rp40 miliar. As of March 31, 2015 and December 31, 2014, the outstanding loan obtained from PT Bank Capital Indonesia Tbk amounted to Rp40 billion. 18. UTANG USAHA - PIHAK KETIGA 18. TRADE PAYABLES - THIRD PARTIES Akun ini terdiri dari: This account consists of: 31 Maret 2015 31 Desember 2014 March 31, 2015 December 31, 2014 Dolar Amerika Serikat United States Dollar JJ Lurgi Engineering M SB 49.588.310 49.588.311 JJ Lurgi Engineering M SB Toyo Engineering Construction 13.723.103 13.047.646 Toyo Engineering Construction Lain-lain masing-masing Others each below di bawah Rp10 miliar 30.679.513 31.954.167 Rp10 billion Sub-total 93.990.926 94.590.124 Sub-total Rupiah Rupiah PT Lingga Manik 19.497.278 17.552.242 PT Lingga Manik PT Triroyal Timur Raya 17.651.396 17.664.596 PT Triroyal Timur Raya Lain-lain masing-masing di bawah Others each below Rp10 miliar 193.574.733 198.664.302 Rp10 billion Sub-total 230.723.407 233.881.140 Sub-total Total 324.714.333 328.471.264 Total Utang usaha merupakan utang untuk pembelian bahan baku, bahan kimia, pupuk, suku cadang dan peralatan lainnya. Trade payables represent payables for purchases of raw materials, chemicals, fertilizers, spareparts and other equipment.