BUSINESS COMBINATION continued Pupuk Kaltim | Laporan Keuangan PPKT LKT Des 2014

PT PUPUK KALIMANTAN TIMUR DAN ENTITAS ANAKAND SUBSIDIARIES Lampiran 540 Schedule CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN 31 DESEMBER 2014 DAN 2013 Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS 31 DECEMBER 2014 DAN 2013 Expressed in millions Rupiah, unless otherwise stated

8. PIUTANG

SUBSIDI DARI PEMERINTAH REPUBLIK INDONESIA

8. SUBSIDY

RECEIVABLES FROM THE GOVERNMENT OF THE REPUBLIC INDONESIA Saldo piutang subsidi merupakan saldo piutang subsidi kepada Pemerintah Republik Indonesia atas penyaluran pupuk urea, NPK, dan organik bersubsidi oleh Perusahaan, dengan rincian sebagai berikut: The balance of subsidy receivable is the balance of subsidy receivable from the Government of the Republic of Indonesia for distributing urea, NPK fertilizer and organic subsidised fertilizer from the Company, with the following details: 2014 2013 Piutang atas subsidi pupuk Receivable of subsidised fertilizer untuk tahun: for the year: 2012 704,925 1,169,345 2012 2013 1,049,122 1,236,292 2013 2014 1,437,934 - 2014 Jumlah 3,191,981 2,405,637 Total Mutasi saldo piutang subsidi adalah sebagai berikut: Movement of subsidy receivable are as follows: 2014 2013 Saldo awal 2,405,637 1,983,945 Beginning balance Pengakuan subsidi Pemerintah Recognition of Government Catatan 30 3,804,747 3,072,282 subsidy Note 30 Penerimaan dari Pemerintah 3,195,609 2,762,983 Receipt from Government PPN subsidi 177,206 112,393 VAT of subsidy Jumlah 3,191,981 2,405,637 Total Sesuai dengan Peraturan Menteri Keuangan Republik Indonesia No.94PMK.022011 tanggal 27 Juni 2011 tentang Tata Cara Penyediaan Anggaran, Penghitungan, Pembayaran, dan Pertanggungjawaban subsidi pupuk menyebutkan bahwa pendapatan subsidi pupuk diaudit oleh auditor yang berwenang sesuai dengan ketentuan peraturan perundang-undangan. Hasil audit dan jumlah pendapatan subsidi pupuk final yang diakui dalam laporan keuangan konsolidasian Grup adalah sesuai dengan hasil audit dari Auditor per 31 Desember 2014 dan 2013. Auditor yang melakukan audit atas pendapatan subsidi ini adalah BPK. Apabila terjadi selisih antara pengakuan pendapatan subsidi yang dicatat Perusahaan dengan hasil audit BPK, pencatatan Perusahaan akan dikoreksi. Saldo piutang subsidi sudah termasuk PPN atas piutang subsidi. In accordance with the Regulation of the Minister of Finance of the Republic of Indonesia No.94PMK.022011 dated 27 June 2011 regarding Procedures for the Provision of Budget, Calculation, Payment, and Fertilizer Subsidy Accountability; stated that fertilizer subsidy revenue are audited by authorised auditors in accordance with the regulation. Audit results and the final amount of fertilizer subsidy revenue recognised in the consolidated financial statements of Group are in accordance with the results of an audit by the auditors as of 31 December 2014 and 2013. The auditor who conducted an audit of the income subsidy revenue is the Government auditor. If there were differences between subsidy income recorded by the Company with the audit results by BPK, corrections will be made on the Company’s records. Balance of subsidy receivables is includes VAT on receivables subsidies. Piutang subsidi digunakan sebagai jaminan pinjaman jangka pendek Catatan 18. The subsidy receivables used as collateral for the short-term loan Note 18. Pada tanggal 12 Maret 2015, Perusahaan menerima pembayaran dari Pemerintah atas Pupuk Subsidi tahun 2013 sebesar Rp458.998 dan tahun 2012 sebesar Rp640.835. In 12 March 2015, the Company received payment from Government for fertilizer subsidy in 2013 amounted Rp458,998 and 2012 amounted Rp640,835.