Financial instruments ALAM SUTERA REALTY Tbk 2014

PT Alam Sutera Realty Tbk. PT Alam Sutera Realty Tbk. dan Entitas Anak and Subsidiaries Catatan atas Laporan Keuangan Konsolidasian Notes to the Consolidated Financial Statements lanjutan continued Dalam ribuan Rupiah, kecuali dinyatakan lain In thousands of Rupiah, except otherwise stated 101

38. Manajemen risiko

lanjutan 38. Risk management continued

c. Risiko suku bunga

lanjutan c. Interest rate risk continued 31 Desember December 2013 Suku bunga mengambang Suku bunga tetap Floating rate Fixed rate Kurang dari Lebih dari Kurang dari Lebih dari satu tahun satu tahun satu tahun satu tahun Non-bunga Less than More than Less than More than Non-interest Jumlah one year one year one year one year bearing Total Liabilitas Liabilities Utang usaha Trade payables Pihak ketiga Third parties - - - - 162.923.566 162.923.566 Pihak berelasi Related parties - - - - 2.165.181 2.165.181 Utang lain-lain Others payable Pihak ketiga Third parties - - - - 214.592.986 214.592.986 Pihak berelasi Related parties - - - - 10.098.588 10.098.588 Beban masih harus dibayar Accrued expenses - - - - 133.048.147 133.048.147 Utang pihak berelasi Due to related parties - - - - 224.147.635 224.147.635 Utang bank jangka panjang Long term bank loan 45.000.000 - - - 45.000.000 Utang obligasi Bonds payable - - - 4.541.541.021 - 4.541.541.021 Uang jaminan yang dapat dikembalikan Refundable deposit - - - - 24.291.842 24.291.842 Jumlah liabilitas keuangan Total financial liabilities - 45.000.000 - 4.541.541.021 771.267.945 5.357.808.966

d. Risiko likuiditas

d. Liquidity risk

Risiko likuiditas adalah risiko bahwa Grup akan menghadapi kesulitan dalam memenuhi liabilitas keuangan karena kurangnya dana. Liquidity risk is the risk that the Group will encounter difficulty in meeting financial obligations due to shortage of funds. Grup memantau likuiditasnya dengan memantau ketat jadwal pembayaran utang untuk liabilitas keuangan dan arus kas keluar untuk kegiatan sehari-hari, serta memastikan ketersediaan pendanaan melalui jumlah fasilitas kredit yang cukup, baik yang mengikat dan tidak mengikat. The Group monitors its liquidity needs by closely monitoring schedule of debt servicing payments for financial liabilities and its cash outflows due to day-to-day operations, as well as ensuring the availability of funding through adequate amount of credit facilities, both committed and uncommitted. Jumlah liabilitas keuangan Grup per 31 Desember 2014 dan 2013 disajikan di catatan 37. Total of the Group of financial liabilities as of 31 December 2014 and 2013 is shown in note 37. PT Alam Sutera Realty Tbk. PT Alam Sutera Realty Tbk. dan Entitas Anak and Subsidiaries Catatan atas Laporan Keuangan Konsolidasian Notes to the Consolidated Financial Statements lanjutan continued Dalam ribuan Rupiah, kecuali dinyatakan lain In thousands of Rupiah, except otherwise stated 102

39. Aset dan liabilitas dalam mata uang asing

39. Assetsand liabilities denominated in foreign

currencies 31 Desember December 2014 Mata uang asing Ekuivalen Foreign currencies Equivalent USD SGD Rupiah Aset Assets Kas dan setara kas 29.846.261 456.281 375.586.564 Cash and cash equivalents Aset keuangan yang diukur Financial assets at fair pada nilai wajar melalui value through profit laporan laba rugi 30.084.646 374.252.997 and loss Aset keuangan lancar lainnya 3.578.811 - 44.520.408 Other current financial assets Jumlah aset 63.509.718 456.281 794.359.969 Total assets Liabilitas Liabilities Bunga masih harus dibayar 14.309.855 - 178.014.596 Accrued interest Utang obligasi 511.078.401 - 6.376.187.102 Bonds payable Jumlah liabilitas 525.388.256 - 6.554.201.698 Total liabilities Jumlah asetliabilitas Total assetsliabilities - bersih 461.878.538 456.281 5.759.841.729 - net 31 Desember December 2013 Mata uang asing Ekuivalen Foreign currencies Equivalent USD SGD Rupiah Aset Assets Kas dan setara kas 26.369.436 719 321.423.722 Cash and cash equivalents Aset keuangan yang diukur Financial assets at fair pada nilai wajar melalui value through profit laporan laba rugi 8.070.368 - 98.369.711 and loss Jumlah aset 34.439.804 719 419.793.433 Total assets Liabilitas Liabilities Bunga masih harus dibayar 8.114.375 - 98.906.117 Accrued interest Utang obligasi 370.517.205 - 4.541.541.021 Bonds payable Jumlah liabilitas 378.631.580 - 4.640.447.138 Total liabilities Jumlah asetliabilitas Total assetsliabilities - bersih 344.191.776 719 4.220.653.705 - net Kurs yang berlaku pada tanggal-tanggal tersebut adalah sebagai berikut : The exchange rates prevailing at that date of are as follows : 31 Desember December 2014 2013 1 USD Rp 12.440 Rp 12.189 USD 1 1 SGD Rp 9.422 Rp 9.628 SGD 1