INVESTASI PADA EFEK EKUITAS INVESTMENTS IN EQUITY SECURITIES

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 60 10. INVESTASI PADA EFEK EKUITAS Lanjutan 10. INVESTMENTS IN EQUITY SECURITIES Continued Negara tempat Persentase 31 Desember domisili kepemilikan 2014 Country of Percentage of December 31, domicile ownership 2014 Indogreen International Limited Malaysia 18,45 193.355.855 Indogreen International Limited PT Bakrie Sentosa Persada Indonesia 13,16 107.190.909 PT Bakrie Sentosa Persada PT Menthobi Makmur Lestari Indonesia 4,69 1.668.642 PT Menthobi Makmur Lestari PT United Sumatera Rubber Indonesia 0,08 511.353 PT United Sumatera Rubber PT Sarana Jambi Ventura Indonesia 0,03 195.493 PT Sarana Jambi Ventura PT Sarana Sumatera Barat Ventura Indonesia 0,01 61.285 PT Sarana Sumatera Barat Ventura Nilai tercatat 302.983.537 Carrying Value Dikurangi penyisihan atas investasi Less allowance for unrecovable yang tidak dapat dipulihkan 511.353 investments Total 302.472.184 Total Investasi pada efek ekuitas diklasifikasikan sebagai efek yang tersedia untuk dijual. Investments in equity securities are classified as available-for-sale financial assets. Investasi Kelompok Usaha di Indogreen International Limited adalah investasi melalui Bookwise Investment Limited Bookwise. Bookwise telah membeli 150 saham dari Indogreen International Limited, yang terdiri dari 100 saham dari Highview Point Master Fund., Ltd., dan 50 saham dari Millennium Global High Yield Fund Limited yang sebesar USD20,39 juta setara dengan Rp193,36 miliar. The Group’s investment in Indogreen International Limited is through Bookwise Investment Limited Bookwise. Bookwise bought 150 shares of Indogreen International Limited, consisting of 100 shares from Highview Point Master Fund, Ltd. and 50 shares from Millennium Global High Yield Fund Limited which amounted to USD20.39 million equivalent to Rp193.36 billion in total. Investasi di PT Bakrie Sentosa Persada “BSEP” adalah investasi melalui GLP, Entitas Anak, berdasarkan Perjanjian Pengikatan Jual Beli Saham yang diaktakan dengan akta Notaris Yurisa Martanti, SH, MH, No. 23 tanggal 26 Juni 2013. Investment in PT Bakrie Sentosa Persada “BSEP” is through GLP, a Subsidiary, based on the Share Sales Purchase Agreement which was notarized through Notarial deed No. 23 dated June 26, 2013 by Yurisa Martanti, SH, MH. Investasi di PT Menthobi Makmur Lestari “MMAL” adalah investasi melalui GLP, Entitas Anak, berdasarkan Perjanjian Pengikatan Jual Beli Saham yang diaktakan dengan akta Notaris Yurisa Martanti, SH, MH, No. 26 tanggal 26 Juni 2013. Investment in PT Menthobi Makmur Lestari “MMAL” is through GLP, a Subsidiary, based on the Share Sales Purchase Agreement which was notarized through Notarial deed No. 26 dated June 26, 2013 by Yurisa Martanti, SH, MH. Investasi Kelompok Usaha pada PT Sarana Jambi Ventura dan PT Sarana Sumatera Barat Ventura adalah investasi yang masing-masing melalui PT Agrowiyana dan PT Bakrie Pasaman Plantations. The Group’s investments in PT Sarana Jambi Ventura and PT Sarana Sumatera Barat Ventura are through PT Agrowiyana and PT Bakrie Pasaman Plantations, respectively. Manajemen Kelompok Usaha berkeyakinan bahwa penyisihan atas investasi pada efek ekuitas yang tidak dapat dipulihkan adalah cukup. The management of the Group believes that the allowance for unrecoverable investments in equity securities is adequate. 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 61 11. TANAMAN PERKEBUNAN 11. PLANTATIONS Akun ini terdiri dari: This account consists of: a. Tanaman menghasilkan a. Mature plantations Saldo Saldo 1 Januari 31 Maret Balance as of Balance as of January 1, Penambahan Pengurangan March 31, 2015 Additions Deductions 2015 Biaya perolehan Acquisition costs Kelapa sawit 1.622.400.847 10.340.519 - 1.632.741.366 Palm oil Karet 572.188.175 18.293.302 419.369 590.062.108 Rubber Total 2.194.589.022 28.633.821 419.369 2.222.803.474 Total Akumulasi penyusutan Accumulated depreciations Kelapa sawit 498.393.304 17.952.486 - 516.345.790 Palm oil Karet 165.575.128 6.682.671 356.354 171.901.445 Rubber Total 663.968.432 24.635.157 356.354 688.247.235 Total Nilai buku neto 1.530.620.590 1.534.556.239 Net book value Saldo Saldo 1 Januari 31 Desember Balance as of Balance as of January 1, Penambahan Pengurangan December 31, 2014 Additions Deductions 2014 Biaya perolehan Acquisition costs Kelapa sawit 1.551.472.183 88.172.085 17.243.421 1.622.400.847 Palm oil Karet 553.479.327 23.145.107 4.436.259 572.188.175 Rubber Total 2.104.951.510 111.317.192 21.679.680 2.194.589.022 Total Akumulasi penyusutan Accumulated depreciations Kelapa sawit 436.769.956 26.187.379 11.972.491 498.393.304 Palm oil Karet 142.583.126 73.595.839 3.195.377 165.575.128 Rubber Total 579.353.082 99.783.218 15.167.868 663.968.432 Total Nilai buku neto 1.525.598.428 1.530.620.590 Net book value Pada 31 Maret 2015 dan 31 Desember 2014, tanaman menghasilkan tersebar di berbagai lokasi Kelompok Usaha, sebagai berikut: As of March 31, 2015 and December 31, 2014, mature plantations were spread over various operational locations of the Group, as follows: