SIGNIFICANT AGREEMENTS. COMMITMENTS AND CONTINGENCIES Continued

originally issued in Indonesian language ™ k shibit E 99 Exhibit E99 PT MODERN INTERNASIONAL Tbk DAN ENTITAS ANAK CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN UNTUK TAHUN YANG BERAKHIR PADA 31 DESEMBER 2016 Disajikan dalam Rupiah, kecuali dinyatakan lain PT MODERN INTERNASIONAL Tbk AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2016 Expressed in Rupiah, unless otherwise stated 37.NILAI WAJAR INSTRUMEN KEUANGAN Lanjutan 37. FAIR VALUE OF FINANCIAL INSTRUMENTS Continued Berikut ini adalah metode dan asumsi yang digunakan untuk memperkirakan nilai wajar setiap kelompok dari instrumen keuangan Grup: 1. Kas dan bank, investasi jangka pendek, dana yang dibatasi penggunaannya, piutang usaha, piutang lain-lain, setoran jaminan, utang jangka pendek, utang usaha, utang lain-lain dan beban masih harus dibayar mendekati nilai wajar karena bersifat jangka pendek. The following are the methods and assumptions used to estimate the fair value of each group of financial instruments of the Group: 1. Cash on hand and in banks, short-term investments, restricted funds, trade receivables, other receivables, security deposits, short-term loans, trade payables, other payables and accrued expenses approximate their carrying values due to their short-term nature. 2. Nilai wajar utang sewa pembiayaan diperkirakan dengan mendiskontokan arus kas masa depan. 2. The fair values of finance lease liabilities are estimated by discounting future cash flows. 3. Nilai tercatat dari utang jangka panjang mendekati nilai wajarnya disebabkan oleh pemakaian suku bunga mengambang atas instrumen tersebut, dimana tingkat suku bunga tersebut selalu disesuaikan dengan pasar. 3. The carrying amount of long-term loans approximate their fair values due to the use of floating interest rates for the mentioned instruments, in which the interest rate is always adjusted to market. 4. Derivatif tidak dikelompokan sebagai instrumen lindung nilai dihitung dengan rujukan pada tingkat pasar antar bank tertentu berdasarkan kurs transaksi IDRUSD yang dikeluarkan oleh Bank Indonesia. 4. Derivative not designated as hedging instruments are calculated by reference to certain interbank market rate based on traded IDRUSD spot foreign exchange transaction published by Bank of Indonesia. Instrumen keuangan yang dinilai pada nilai wajar adalah sebagai berikut: Financial instruments measured at fair value are as follows: 31 Desember 2016 Nilai wajar Fair value Tingkat 1 Level 1 Tingkat 2 Level 2 Tingkat 3 Level 3 31 December 2016 LIABILITAS LIABILITY Liabilitas keuangan lainnya Other financial liability Utang sewa pembiayaan 38.817.232.260 - - 38.817.232.260 Finance lease liabilities 31 Desember 2015 31 December 2015 A S E T A S S E T S Aset keuangan yang diukur pada nilai wajar melalui laporan laba atau rugi Financial asset measured at fair value through profit or loss Aset keuangan derivatif 13.948.012.807 13.948.012.807 - - Derivative financial assets LIABILITAS LIABILITY Liabilitas keuangan lainnya Other financial liability Utang sewa pembiayaan 27.848.973.055 - - 27.848.973.055 Finance lease liabilities Pada tanggal 31 Desember 2016 dan 2015 tidak ada transfer antara pengukuran nilai wajar Tingkat 1 dan Tingkat 2 dan tidak ada transfer masuk dan keluar dari pengukuran nilai wajar Tingkat 3. As of 31 Desember 2016 and 2015 there were no transfers between Level 1 and Level 2 fair value measurements and no transfer into and out of Level 3 fair value measurements. originally issued in Indonesian language š k shibit E 100 Exhibit E100 PT MODERN INTERNASIONAL Tbk DAN ENTITAS ANAK CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN UNTUK TAHUN YANG BERAKHIR PADA 31 DESEMBER 2016 Disajikan dalam Rupiah, kecuali dinyatakan lain PT MODERN INTERNASIONAL Tbk AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2016 Expressed in Rupiah, unless otherwise stated 38. REKLASIFIKASI 38. RECLASSIFICATIONS Akun tertentu pada laporan posisi keuangan konsolidasian tanggal 31 Desember 2015 dan 2014 telah direklasifikasi untuk menyesuaikan dengan penyajian laporan keuangan konsolidasian pada tanggal 31 Desember 2016. Certain accounts in the consolidated statements of financial position as of 31 December 2015 and 2014 have been reclassified to conform with the consolidated financial statements presentation as of 31 December 2016. 31 Desember 2015 Sebelum reklasifikasi Before reclassification Reklasifikasi Reclassification Sesudah reklasifikasi After reclassification 31 December 2015 Laporan posisi keuangan konsolidasian Consolidated statement of financial position Piutang usaha Trade receivables Pihak ketiga 129.921.152.778 310.399.004 130.231.551.782 Third parties Pihak berelasi 310.399.004 310.399.004 - Related party Aset tetap 1.113.195.045.149 375.759.419.361 1.488.954.464.510 Property, plant and equipment Beban renovasi bangunan sewa, neto 375.759.419.361 375.759.419.361 - Renovation cost of rented buildings, net Beban tangguhan, neto 56.097.353.031 56.097.353.031 - Deferred charges, net Aset tak berwujud - 56.097.353.031 56.097.353.031 Intangible assets Utang lain-lain Other payables Pihak ketiga 18.886.202.227 566.342.735 19.452.544.962 Third parties Pihak berelasi 566.342.735 566.342.735 - Related parties Biaya yang masih harus dibayar 27.329.535.943 3.942.000.781 31.271.536.724 Accrued expenses Liabilitas imbalan kerja jangka pendek 3.942.000.781 3.942.000.781 - Short-term employee benefits liability Bagian liabilitas jangka panjang yang jatuh tempo dalam waktu satu tahun: Current portion of long-term Liabilities: Non-bank - Pihak berelasi - 677.736.303 677.736.303 Non-bank - Related party Utang sewa pembiayaan Finance lease liabilities Pihak ketiga 15.502.760.283 107.724.672 15.395.035.611 Third parties Pembiayaan konsumen 570.011.631 570.011.631 - Consumer finance Cadangan kerugian penurunan nilai persedian - 353.861.967 353.861.967 Provision of inventory Utang jangka panjang, setelah dikurangi bagian jatuh tempo dalam satu tahun: Long-term liabilities net of current portion: Non-bank Pihak berelasi - 2.460.892.969 2.460.892.969 Non-bank - Related party Utang sewa pembiayaan Finance lease liabilities Pihak ketiga 14.117.406.014 2.293.152.206 11.824.253.808 Third parties Pembiayaan konsumen 167.740.763 167.740.763 - Consumer finance Saldo laba Retained earnings Belum ditentukan penggunaannya 134.002.039.580 13.265.552.222 147.267.591.802 Unappropriated Penghasilan komprehensif lainnya 13.265.552.222 13.265.552.222 - Other comprehensive income Laporan laba rugi dan penghasilan komprehensif lain konsolidasian Consolidated statement of profir or loss and other comprehensive income Beban umum dan administrasi 428.455.494.431 353.861.967 428.101.632.464 General and administrative expense Beban operasi lainnya 53.764.714.215 353.861.967 54.118.576.182 Other operating expense