Nature of Relationships continued Sifat Saldo Akun

the Indonesian language. PT CITRA TUBINDO Tbk DAN ENTITAS ANAKNYA CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN Tanggal 31 Desember 2015 dan untuk Tahun yang Berakhir pada Tanggal Tersebut Disajikan dalam Dolar AS, kecuali dinyatakan lain PT CITRA TUBINDO Tbk AND ITS SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS As of December 31, 2015 and for the Year then Ended Expressed in U.S. Dollars, unless otherwise stated 64 7. PERSEDIAAN lanjutan 7. INVENTORIES continued Pembalikan penyisihan atas keusangan persediaan tersebut di atas diakui karena persediaan terkait telah diproses menjadi barang jadi danatau telah terjual kepada pelanggan selama tahun berjalan. The above reversals of allowance for inventory obsolescence were recognized in relation to the usage of the related inventories that have been processed into finished goods andor sold during the year to customers. Berdasarkan hasil penelaahan kondisi persediaan pada akhir tahun, manajemen Grup berpendapat bahwa penyisihan persediaan usang cukup untuk menutupi kemungkinan kerugian yang timbul dari tidak terpulihkannya persediaan yang pergerakannya lambat. Based on the review of the condition of inventory at end of the year, the Group’s management is of the opinion that the allowance for inventory obsolescence is adequate to cover any possible losses that may arise from non-recoverability of slow-moving inventories. Tidak ada persediaan yang dijaminkan pada tanggal 31 Desember 2015 dan 2014. There are no inventories used as collateral for any loan facility as of December 31, 2015 and 2014. Persediaan diasuransikan terhadap risiko kerugian fisik atau kerusakan berdasarkan suatu paket polis pertanggungan dengan nilai pertanggungan masing-masing sebesar AS50.076.269 dan AS50.265.217 pada tanggal 31 Desember 2015 dan 2014. Manajemen Grup berpendapat bahwa nilai pertanggungan tersebut cukup untuk menutupi kemungkinan kerugian atas risiko tersebut. Inventories are covered by insurance against physical losses or damage, under blanket policies amounting to US50,076,269 and US50,265,217 as of December 31, 2015 and 2014, respectively. The Group’s management is of the opinion that the sum insured is adequate to cover any possible losses from the said risks.

8. BIAYA DIBAYAR DI MUKA DAN ASET LANCAR LAINNYA

8. PREPAID EXPENSES AND OTHER CURRENT ASSETS

Rincian biaya dibayar di muka dan aset lancar lainnya adalah sebagai berikut: The details of prepaid expenses and other current assets are as follows: 31 Desember December 31 2015 2014 Biaya dibayar di muka 168.124 381.852 Prepaid expenses Uang muka operasional 73.468 87.381 Advance payments - operation Uang muka pembelian 22.083 110.999 Advance payments - purchasing Lain - lain 221.988 169.628 Others Sub-total- aset lancar lainnya 317.539 368.008 Sub-total - other current assets Total 485.663 749.860 Total the Indonesian language. PT CITRA TUBINDO Tbk DAN ENTITAS ANAKNYA CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN Tanggal 31 Desember 2015 dan untuk Tahun yang Berakhir pada Tanggal Tersebut Disajikan dalam Dolar AS, kecuali dinyatakan lain PT CITRA TUBINDO Tbk AND ITS SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS As of December 31, 2015 and for the Year then Ended Expressed in U.S. Dollars, unless otherwise stated 65 9. INVESTASI PADA ENTITAS ASOSIASI 9. INVESTMENTS IN ASSOCIATES Rincian investasi pada entitas asosiasi adalah sebagai berikut: The details of investments in associates are as follows: Dampak Mutasi selama tahun berjalan Hilangnya Movements during the year Kendali Persentase atas Bagian Pengumuman Pemilikan Saldo Entitas atas Laba Penerimaan Saldo Awal Anak Neto Entitas Dividen Akhir Percentage Investasi Effect of Asosiasi KasCash Investasi of Beginning Loss of Equity in Net Dividends Ending Ownership Balance of Control of a Earnings of Declared Balance of 2015 Investment Subsidiary Associates Received Investment 2015 PT H-Tech Oilfield PT H-Tech Oilfield Equipment “HOE” 45,65 12.824.234 - 1.422.844 2.282.500 11.964.578 Equipment “HOE” Citra Sumit Valind Citra Sumit Valind Investment Investment Pte. Ltd. “CSV” 48,00 2.072.459 - 26.365 96.000 2.002.824 Pte. Ltd. “CSV” PT Pelayaran Citranstirta PT Pelayaran Citranstirta Tatasarana “CITA” 48,25 661.480 - 287.986 - 949.466 Tatasarana “CITA” Total 15.558.173 - 1.737.195 2.378.500 14.916.868 Total 2014 2014 PT H-Tech Oilfield PT H-Tech Oilfield Equipment “HOE” 45,65 15.391.654 - 1.541.080 4.108.500 12.824.234 Equipment “HOE” Citra Sumit Valind Citra Sumit Valind Investment Investment Pte. Ltd. “CSV” 48,00 1.950.031 - 122.428 - 2.072.459 Pte. Ltd. “CSV” PT Pelayaran Citranstirta PT Pelayaran Citranstirta Tatasarana “CITA” 48,25 - 543.780 117.700 - 661.480 Tatasarana “CITA” Total 17.341.685 543.780 1.781.208 4.108.500 15.558.173 Total Ringkasan informasi keuangan entitas asosiasi: Summary of the financial information of the associates as follows: 31 Desember 2015 HOE CSV CITA December 31, 2015 Aset lancar 19.840.575 743.921 2.206.329 Current assets Aset tidak lancar 3.996.857 3.469.251 3.291.625 Non-current assets Liabilitas jangka pendek 2.467.747 40.621 1.082.814 Current liabilities Liabilitas jangka panjang 712.559 - 2.346.432 Non-current liabilities Pendapatan 18.950.922 - 2.875.947 Revenue Laba tahun berjalan 3.172.288 73.571 584.579 Income for the year Penghasilan komprehensif lain 50.467 - 5.801 Other comprehensive income 31 Desember 2014 HOE CSV CITA December 31, 2014 Aset lancar 23.044.173 683.974 1.681.950 Current assets Aset tidak lancar 4.975.757 3.662.466 3.975.179 Non-current assets Liabilitas jangka pendek 4.772.516 28.817 946.559 Current liabilities Liabilitas jangka panjang 813.041 - 2.920.207 Non-current liabilities Pendapatan 20.068.610 - 927.264 Revenue Laba tahunperiode berjalan 3.361.701 302.108 241.477 Income for the yearperiod Penghasilan rugi Other comprehensive komprehensif lain 41.346 - 5.022 income loss Entitas asosiasi dimulai dari tanggal 1 Agustus 2014 Catatan 34. Associate starting August 1, 2014 Note 34. Pendapatan dan laba untuk periode 1 Agustus 2014 sampai dengan 31 Desember 2014. Revenue and income for the period August 1, 2014 until December 31, 2014. Berdasarkan penelaahan manajemen Grup, tidak terdapat kejadian-kejadian atau perubahan keadaan yang mengindikasikan adanya penurunan nilai investasi pada entitas asosiasi tanggal 31 Desember 2015 dan 2014. Based on the Group’s management review, there were no events or changes in circumstances which indicated an impairment in the value of investments in associates as at December 31, 2015 and 2014.