Accrued Expenses Prospektus Awal Soechi Lines Versi Inggris FINAL

11 10 2014 3,281,062 691,151 496,079 112,545 289,849 4,870,686 ,839,738 7,335,940 ,061,587 ,391,411 ,598,125 ,158,533 ,057,812 5,603,408 5,603,408 79,764,325 11,653,125 5,997,159 8,977,368 23,566,815 129,958,792 11 The outstanding balances of the loan as of 30 Juni 2014, 31 December 2013, 2012 and 2011 were USD 4,765,152, USD 6,446,970 and USD 9,810,606 and USD 13,174,242 respectively. And the outstanding balances of the loan in 30 September 2014 was USD 3,924,243. Based on the credit agreement dated 10 December 2010, IEL obtained an additional credit facility in the form of Investment Credit 7 IC-7, with a maximum limit of Rp 37,861,000,000. The loan will be paid off on an installment basis for a period of 60 months, with a monthly installment of Rp 631,016,667 up to 10 December 2015. The loan bears interest of 11.25 - 12.25 for 2014 2013: 10.25-11.25, 2012 and 2011: 10.25. The loan outstanding balances as of 30 June 2014, 31 December 2013, 2012 and 2011 were Rp 11,358,300,000 USD 948,977, Rp 15,144,400,000 equivalent to USD 1,242,465, Rp 22,716,000,000 equivalent to USD 2,349,183 and Rp 30,288,800,000 equivalent to USD 3,340,185, respectively. And the outstanding balance of the loan in 30 September 2014 was Rp. 9.465.250.000 equivalent USD 775.078. Based on the credit agreement dated 31 October 2013, IEL obtained a credit facility from BCA in the form of Installment Loan IL with a maximum facility of Rp 66,500,000,000. The loan will mature on 1 November 2017. The loan bears interest of 12.25 per annum for 2014 2013: 11.25. The loan outstanding balances as of 30 June 2014 and 31 December 2013 were Rp 64,505,000,000 equivalent to USD 5,389,339 and Rp 66,500,000,000 equivalent to USD 5,455,739, respectively. The loan outstanding balances in 30 September 2014 was Rp.64.505.000.000 equivalent USD 5.282.100. All of IEL’s credit facilities obtained from BCA are ‖joint borrower‖ facilities with SOKL and AMO, and are secured by vessels owned by IEL, SOKL and AMO, a parcel of land owned by PT Tria Sumatra Corporation and personal guarantees from Paulus Utomo and Go Darmadi. Based on the credit agreement with BAGI dated 1 April 2008, IEL obtained an additional credit facility, Time Loan Revolving with a limit of Rp. 5,000,000,000. This facility will mature on 10 December 2014. The loan bears interest of 12.25 per annum for the period 2014 2013:11.25. As of 30 June 2014, the loan outstanding balance was fully paid and IEL obtained a new loan. The loan outstanding balance as of 30 September 2014 was Rp. 5.000.000.000 equivalent USD 409.434 AMO Based on the credit agreement dated 21 December 2012, AMO obtained a credit facility in the form of Investment Credit 9 KI-9, with a maximum facility of RP 42,000,000,000. This facility is used to finance 1 one tanker owned by AMO, with a credit term of 7 seven years, including a 6 six months grace period. The loan bears interest of 12.25 per annum for the 2014 period 2013: 10.25-11.25 and shall be paid by the 10 th day of each month, at the latest. The loan will mature on 10 January 2020. KI-9 loan outstanding balances as of 30 June 2014 and 31 December 2013 were Rp 35,754,807,692 equivalent to USD 2,987,284 and Rp 38,956,730,769 equivalent to USD 3,190,056. KI-9 loan outstanding balances as of 30 September 2014 was Rp. 34.153.846.154 equivalent USD 2.796.745 The loan facility is a ‖joint borrower‖ facility with SOKL and IEL and is secured by vessels owned by ILE, SOKL and AMO. The loan is also secured by personal guarantees from Paulus Utomo and Go Darmadi. PT Bank Internasional Indonesia Tbk BII IEL Based on the credit agreement dated 20 May 2010, IEL obtained a credit facility in the form of Term Loan, with a maximum limit of USD 7,000,000. The loan bears interest of 7 per annum and will mature on 20 May 2015. The loan is secured by escrow and operational accounts owned by IEL and SOKL, trade receivables owned by IEL and SOKL. In addition, SOKL’s vessels are used as cross collateral with SOKL, personal guarantees from all shareholders of IEL and SOKL and a corporate guarantee from SOKL. The loan balances as of 30 June 2014, 31 December 2013, 2012 and 2011 were USD 2,166,608, USD 2,931,787, USD 4,344,428 and USD 4,933,028, respectively. The loan balance as of 30 September 2014 was USD 1.911.549.