Basis of preparation of the consolidated financial statements continued

PT BAYAN RESOURCES Tbk. DAN ENTITAS ANAKAND SUBSIDIARIES Lampiran 57 Schedule CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN INTERIM 30 JUNI 2016 DAN 2015 Dinyatakan dalam Dolar Amerika Serikat, kecuali dinyatakan lain NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS 30 JUNE 2016 AND 2015 Expressed in United States Dollars, unless otherwise stated 2. IKHTISAR KEBIJAKAN AKUNTANSI PENTING lanjutan

2. SUMMARY OF

SIGNIFICANT ACCOUNTING POLICIES continued Perubahan pada Standar Akuntansi Keuangan dan Interpretasi Pernyataan Standar Akuntansi Keuangan lanjutan Changes to Statements of Financial Accounting Standards and Interpretations of Financial Accounting Standards continued - PSAK No. 4 Revisi 2015, “Laporan Keuangan Tersendiri” - PSAK No. 5 revisi 2015, “Segmen Operasi” - PSAK No. 7 revisi 2015, “Pengungkapan Pihak- pihak Berelasi” - PSAK No. 13 revisi 2015, “Properti Investasi” - PSAK No. 15 revisi 2015, “Investasi Pada Entitas Asosiasi dan Ventura Bersama” - PSAK No. 16 revisi 2015, “Aset Tetap” - PSAK No. 19 revisi 2015, “Aset Takberwujud” - PSAK No. 22 revisi 2015, “Kombinasi Bisnis” - PSAK No. 24 revisi 2015, “Imbalan Kerja” - PSAK No. 25 revisi 2015, “Kebijakan Akuntansi, Perubahan Estimasi Akuntansi dan Kesalahan” - PSAK No. 65 revisi 2015, “Laporan Keuangan Ko nsolidasian” - PSAK No. 66 revisi 2015, “Pengaturan Bersama” - PSAK No. 67 revisi 2015, “Pengungkapan Kepentingan dalam Entitas Lain” - PSAK No. 68 revisi 2015, “Pengukuran Nilai Wajar” - ISAK No. 30, “Pungutan” - SFAS No. 4 revised 2015, “Separate Financial Statements” - SFAS No. 5 revised 2015, “Operating Segment” - SFAS No. 7 revised 2015, “Related Party Disclosure” - SFAS No. 13 revised 2015, “Investment Property” - SFAS No. 15 revised 2015, “Investment in Associates and Joint Ventures” - SFAS No. 16 revised 2015, “Property, Plant and Equipment” - SFAS No. 19 revised 2015, “Intangible Assets” - SFAS No. 22 revised 2015, “Business Combination” - SFAS No. 24 revised 2015, “Employee Benefits” - SFAS No. 25 revised 201 5, “Accounting Policies, Changes in Accounting Estimates and Errors” - SFAS No. 65 revised 2015,“Consolidated Financial Statement” - SFAS No. 66 revised 2015, “Joint Arrangements” - SFAS No. 67 revised 2015, “Disclosures of Interests in Other Ent ities” - SFAS No. 68 revised 2015, “Fair Value Measurement” - ISFAS No. 30, “Levies” Standar baru, revisi dan interpretasi yang telah diterbitkan, namun belum berlaku efektif untuk tahun buku yang dimulai pada atau setelah tanggal 1 Januari 2017 adalah sebagai berikut. Perseroan sedang mempertimbangkan implikasi dari penerapan standar berikut: - PSAK 1 revisi 2015 “Penyajian Laporan Keuangan” - ISAK 31 “Interpretasi atas Ruang Lingkup PSAK 13 “Properti Investasi” Pada saat penerbitan laporan keuangan konsolidasian interim, Grup masih mempelajari dampak yang mungkin timbul dari penerapan standar baru dan revisi tersebut serta pengaruhnya pada laporan keuangan konsolidasian interim Grup. New standards, amendments and interpretations issued but not yet effective for the financial year beginning 1 January 2017 are as follows. The Company is reviewing the implication of the following standards: - PSAK 1 revised 2015 “Presentation of Financial Statements of Disclosure Initiative” - ISAK31 “Interpretation of PSAK 13 “Investing Property” As at the authorisation date of these interim consolidated financial statements, the Group is still evaluating the potential impact of these new and revised standards to the Group’s interim consolidated financial statements. PT BAYAN RESOURCES Tbk. DAN ENTITAS ANAKAND SUBSIDIARIES Lampiran 58 Schedule CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN INTERIM 30 JUNI 2016 DAN 2015 Dinyatakan dalam Dolar Amerika Serikat, kecuali dinyatakan lain NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS 30 JUNE 2016 AND 2015 Expressed in United States Dollars, unless otherwise stated

2. IKHTISAR KEBIJAKAN AKUNTANSI PENTING

lanjutan

2. SUMMARY OF