Persediaan Inventories SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued

Indonesian language. PT CITRA TUBINDO Tbk DAN ENTITAS AN AK CATATAN ATAS L APOR AN KEUANGAN KONSOLIDASIAN Tahun Yang Berakhir Pada Tanggal-tanggal 31 Desember 2012 dan 2011 Disajikan dalam dolar AS, kecuali dinyatakan lain PT CITRA TUBINDO Tbk AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS Years Ended December 31, 2012 and 2011 Expressed in U.S. dollars, unless otherwise stated 27

2. IKHTISAR KEBIJAK AN AKUNTANSI PENTING lanjutan

2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued

l. Sewa lanjutan

l. Leases continued

Grup sebagai lessee The Group as lessee Dalam sewa pembiay aan, Grup mengakui aset dan liabilitas dalam laporan posisi keuangan pada awal masa sewa, sebesar nilai wajar aset sewaan atau sebesar nilai kini dari pembay aran sewa minimum, jika nilai kini lebih rendah dari nilai wajar. Pembay aran sewa minimum dipisahkan antara bagian y ang merupakan beban keuangan dan bagian y ang merupakan pelunasan liabilitas sewa. Beban keuangan dialokasikan setiap periode selama masa sewa, sehingga menghasilkan tingkat suku bunga periodik y ang konstan atas saldo liabilitas. Under a finance lease, the Group recognizes assets and liabilities in its statement of financial position at amounts equal to the fair value of the leased property or, if lower, the present value of the minimum lease pay ments, each determined at the inception of the lease. Minimum lease payments are apportioned between the finance charge and the reduction of the outstanding liability. The finance charge is allocated to each period during the lease term so as to produce a constant periodic rate of interest on the remaining balance of the liability. Sewa kontinjen dibebankan pada periode terjadiny a. Beban keuangan dicatat dalam laporan laba rugi komprehensif konsolidasian. Aset sewaan disajikan sebagai bagian aset tetap disusutkan selama jangka waktu yang lebih pendek antara umur manf aat aset sewaan dan periode masa sewa, jika tidak ada kepastian yang memadai bahwa Grup akan mendapatkan hak kepemilikan pada akhir masa sewa. Contingent rents are charged as expenses in the periods in which they are incurred. Finance charges are reflected in the consolidated statement of comprehensive income. Capitalized leased assets presented under the account of property, plant and equipment are depreciated over the shorter of the estimated useful life of the assets and the lease term, if there is no reasonable certainty that the Group will obtain ownership by the end of the lease term. Dalam sewa operasi, Grup mengakui pembay aran sewa sebagai beban dengan dasar garis lurus straight-line method selama masa sewa. Under an operating lease, the Group recognized lease payments as an expense using a straight-line method over the lease term. Grup sebagai lessor The Group as lessor Dalam sewa meny ewa biasa, Grup mengakui aset untuk sewa operasi di laporan posisi keuangan konsolidasian sesuai sif at aset tersebut. Biay a langsung awal sehubungan proses negosiasi sewa operasi ditambahkan ke jumlah tercatat dari aset sewaan dan diakui sebagai beban selama masa sewa dengan dasar y ang sama dengan pendapatan sewa. Sewa kontinjen, apabila ada, diakui sebagai pendapatan pada periode terjadiny a. Pendapatan sewa operasi diakui sebagai pendapatan atas metode garis lurus selama masa sewa. Under an operating lease, the Group presents assets subject to operating leases in its consolidated statement of financial position according to the nature of the asset. Initial direct cost incurred in negotiating an operating lease are added to the carrying amount of the leased asset and recognized over the lease term on the same basis as rental income. Contingent rents, if any, are recognized as revenue in the periods in which they are earned. Lease income from operating leases is recognized as income on a straight-line method over the lease term. Laba atau rugi dari transaksi jual-dan-sewa balik y ang merupakan sewa pembiay aan, ditangguhkan dan diamortisasi dengan menggunakan metode garis lurus selama masa sewa. Gain or loss on sale-and-leaseback transactions represent finance lease, deferred and amortized using the straight-line method over the lease term.