Pengakuan Revenue SUMMARY OF SIGNIFICANT ACCOUNTING

laporan tahunan Pertamina Pertamina annual report are in the Indonesian language. PT PERTAMINA PERSERO DAN ANAK PERUSAHAAN CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN Tahun Yang Berakhir Pada Tanggal-tanggal 31 Desember 2006 dan 2005 Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain PT PERTAMINA PERSERO AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS Years Ended December 31, 2006 and 2005 Expressed in millions of Rupiah, unless otherwise stated

2. IKHTISAR KEBIJAKAN AKUNTANSI PENTING

lanjutan

2. SUMMARY OF SIGNIFICANT ACCOUNTING

POLICIES continued

n. Pengakuan

pendapatan dan beban lanjutan

n. Revenue

and expense recognition continued Penggantian biaya pokok BBM subsidi dari Pemerintah lanjutan BBM fuel costs subsidy reimbursements from the Government continued Penggantian bahan bakar minyak bersubsidi di tahun 2005 adalah untuk produk minyak seperti: bensin premium, minyak tanah, minyak solar, minyak diesel industri dan minyak bakar. The BBM fuel costs subsidy reimbursements in 2005 involves the following Petroleum products: premium gasoline, kerosene, automotive diesel oil, industrial diesel oil and industrialmarine fuel oil. Peraturan Menteri Keuangan No. 15 PMK.022006 tanggal 21 Februari 2006 mengatur tata cara penghitungan dan pembayaran subsidi bahan bakar minyak untuk tahun 2006 dimana Perusahaan berhak mendapatkan penggantian biaya subsidi BBM bersubsidi yang dihitung berdasarkan selisih harga MOPS Mid Oil Platt’s Singapore ditambah biaya distribusi dan margin alfa dengan harga jual eceran BBM bersubsidi diluar pajak pertambahan nilai PPN dan pajak bahan bakar kendaraan bermotor PBBKB untuk BBM subsidi yang dijual kepada konsumen. The Minister of Finance Decree No. 15 PMK.022006 dated February 21, 2006 stipulates the calculation method and fuel costs reimbursements for 2006 to which the Company is entitled in the form of an annual reimbursement of subsidized fuel costs based on the difference between MOPS Mid Oil Platt’s Singapore prices plus distribution costs and margin Alpha and sales prices of subsidized Petroleum products excluding related value added tax and tax on motor vehicle fuels for subsidized fuel sales. Penggantian bahan bakar minyak bersubsidi di tahun 2006 adalah untuk produk minyak seperti: bensin premium, minyak tanah dan minyak solar. The BBM fuels costs reimbursements in 2006 involves the following Petroleum products: premium gasoline, kerosene and automotive diesel oil. Pendapatan dan Beban Kerjasama Operasi Revenue and Expenses Involving Jointly Controlled Operations Bagian pendapatan dan beban atas kerjasama operasi diakui sebesar porsi hak kepemilikan Perusahaan atau Anak Perusahaan dalam kerjasama operasi. The share of revenue and expenses from jointly controlled operations is recognized based on the proportion of the Company’s or its Subsidiary’s ownership interests. Pendapatan Anak Perusahaan Subsidiaries’ Revenue Pendapatan dari penjualan dan jasa masing- masing diakui pada saat risiko dan manfaat kepemilikan barang secara signifikan telah berpindah kepada pembeli dan pada saat jasa diberikan. Revenue from sales and services is recognized when the significant risks and rewards of ownership of the goods are transferred to the buyer and when such services are performed, respectively. Beban Expenses Beban diakui pada saat terjadi berdasarkan konsep akrual. Expenses are recognized when incurred on an accrual basis. laporan tahunan Pertamina Pertamina annual report are in the Indonesian language. PT PERTAMINA PERSERO DAN ANAK PERUSAHAAN CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN Tahun Yang Berakhir Pada Tanggal-tanggal 31 Desember 2006 dan 2005 Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain PT PERTAMINA PERSERO AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS Years Ended December 31, 2006 and 2005 Expressed in millions of Rupiah, unless otherwise stated

2. IKHTISAR KEBIJAKAN AKUNTANSI PENTING