KAS DAN SETARA KAS lanjutan CASH AND CASH EQUIVALENTS continued

PT PERTAMINA PERSERO DAN ENTITAS ANAKNYA CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN Tanggal 31 Desember 2016 dan untuk Tahun yang Berakhir pada Tanggal Tersebut Dinyatakan dalam ribuan Dolar Amerika Serikat, kecuali dinyatakan lain PT PERTAMINA PERSERO AND ITS SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS As of December 31, 2016 and for the Year Then Ended Expressed in thousands of US Dollars, unless otherwise stated 78 8. PIUTANG PEMERINTAH 8. DUE FROM THE GOVERNMENT 2016 2015 Perusahaan: The Company: Piutang atas penggantian Receivable of subsidy biaya subsidi reimbursements for LPG tabung 3 kg 1.068.920 934.825 3 kg LPG cylinders Piutang atas penggantian Receivable of subsidy biaya subsidi reimbursements for jenis BBM tertentu 422.398 893.062 certain fuel BBM products Piutang imbalan jasa pemasaran 86.811 352.794 Receivables of marketing fees Piutang lain-lain 14 - Other receivables Jumlah Perusahaan 1.578.143 2.180.681 Total the Company Entitas anak 214.314 125.908 Subsidiaries Jumlah konsolidasian 1.792.457 2.306.589 Total Consolidated Penyisihan penurunan nilai - 33.196 Provision for impairment Jumlah Catatan 40 1.792.457 2.273.393 Total Note 40 Jumlah piutang Pemerintah akan dilunasi dalam periode satu tahun setelah tanggal laporan keuangan. Amounts due from the Government are scheduled for settlement within one year from the date of the financial statements. Mutasi penyisihan penurunan nilai piutang Pemerintah adalah sebagai berikut: Movements in the provision for impairment of amounts due from the Government are as follows: 2016 2015 Saldo awal 33.196 28.360 Beginning balance Penurunan nilai selama tahun berjalan 15.914 Impairment during the year Pemulihan atas penyisihan penurunan Recovery of provision for nilai 7.312 10.213 impairment Penyesuaian 25.884 - Adjustment Keuntungan selisih kurs - 865 Gains on foreign exchange Saldo akhir - 33.196 Ending balance Pada tanggal 30 Desember 2016, Menteri Keuangan Republik Indonesia melalui surat No. S-1178MK.022016, perihal fee penjualan LNG di Kilang Arun dan Badak kepada Perusahaan menyampaikan bahwa fee penjualan LNG untuk Perusahaan yang ditanggung oleh negara adalah berdasarkan pada jumlah volume LNG bagian negara. Atas dasar ini, Perusahaan melakukan penyesuaian piutang imbalan jasa pemasaran dan penyisihan penurunan nilai piutang imbalan jasa pemasaran. On December 30, 2016, the Minister of Finance of the Republic of Indonesia through letter No. S‑1178MK.022016, regarding marketing fee of LNG on Arun and Badak refineries payable to the Company, stated that the LNG marketing fee to the Company covered by the state is based on the volume of LNG in Indonesia. On this basis, the Company has adjusted the receivables from marketing fees and provided for impairment losses.

a. Piutang atas penggantian biaya subsidi jenis BBM tertentu

a. Receivable of subsidy reimbursements for certain fuel BBM products

Piutang Perusahaan atas penggantian biaya subsidi jenis BBM tertentu merupakan tagihan atas subsidi BBM yang disalurkan kepada masyarakat. The Company’s receivable of subsidy reimbursements for certain fuel BBM products represents billings for the BBM subsidy provided to the public. PT PERTAMINA PERSERO DAN ENTITAS ANAKNYA CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN Tanggal 31 Desember 2016 dan untuk Tahun yang Berakhir pada Tanggal Tersebut Dinyatakan dalam ribuan Dolar Amerika Serikat, kecuali dinyatakan lain PT PERTAMINA PERSERO AND ITS SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS As of December 31, 2016 and for the Year Then Ended Expressed in thousands of US Dollars, unless otherwise stated 79 8. PIUTANG PEMERINTAH lanjutan 8. DUE FROM THE GOVERNMENT continued

a. Piutang atas penggantian biaya subsidi jenis BBM tertentu lanjutan

a. Receivable of subsidy reimbursements for certain fuel BBM products continued

Penugasan Pemerintah dalam bentuk Public Service Obligation “PSO” kepada Perusahaan ditetapkan berdasarkan kontrak tahunan dengan BPH Migas. Penetapan harga jual BBM bersubsidi tersebut didasarkan pada Surat Keputusan Menteri Energi dan Sumber Daya Mineral “MESDM”. The Public Service Obligation “PSO” mandate to the Company from the Government is based on an annual contract with BPH Migas. The sales price of the subsidised BBM products is based on Minister of Energy and Mineral Resources’ “MoEMR’s” Decree. Saldo piutang penggantian subsidi jenis BBM tertentu ini akan dibayarkan melalui mekanisme Anggaran Pendapatan dan Belanja Negara “APBN” periode berikutnya. The receivables balance of subsidy reimbursements for certain fuel BBM products will be settled via the mechanism of the next State Budget and Expenditure “APBN” period. 2016 2015 Saldo awal 893.062 2.317.366 Beginning balance Ditambah: Add: Penggantian biaya subsidi Subsidy reimbursements jenis BBM tertentu for certain fuel BBM products for tahun berjalan Catatan 28 753.250 1.116.237 current year Note 28 Pajak-pajak 83.145 91.101 Taxes Correction from BPK for Koreksi BPK atas subsidy reimbursements for penggantian biaya subsidi certain fuel BBM products jenis BBM tertentu tahun: for the year: - 2015 Catatan 28 1.574 - 2015 Note 28 - - 2014 Catatan 28 - 71.809 2014 Note 28 - Koreksi persediaan akhir atas Corrections of ending inventory for penggantian biaya subsidi subsidy reimbursements for jenis BBM tertentu tahun 2015 certain BBM products for the Catatan 28 - 76.108 year 2015 Note 28 Dikurangi: Less: Penerimaan tunai 1.334.981 2.455.619 Cash received Keuntungankerugian selisih kurs 29.496 171.724 Gainloss on foreign exchange Saldo akhir 422.398 893.062 Ending balance Koreksi atas perhitungan tagihan penggantian biaya subsidi BBM dilakukan berdasarkan hasil audit dari BPK dan dicatat pada periode dimana audit diselesaikan. Corrections on billings for subsidy cost reimbursements are based on BPK’s Audit and recorded in the period in which the audit was completed.

b. Piutang atas penggantian biaya subsidi LPG tabung 3 kg

b. Receivable of subsidy reimbursements for 3 kg LPG cylinders

Piutang ini merupakan penggantian biaya subsidi LPG 3 kg yang disalurkan kepada masyarakat. Penugasan Pemerintah dalam bentuk PSO kepada Perusahaan dan penetapan harganya ditetapkan berdasarkan kontrak tahunan dengan MESDM. These receivables represent subsidy reimbursements for 3 kg LPG cylinders which were distributed to the public by the Company. This Government assignment is in the form of a PSO and its pricing is set based on a yearly contract with MoEMR.