KAS DAN SETARA KAS CASH AND CASH EQUIVALENTS

The original consolidated financial statements included herein are in Indonesian language. PT MNC LAND Tbk DAN ENTITAS ANAK CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN lanjutan Untuk tahun yang berakhir pada 31 Desember 2015 Dan 2014 Disajikan dalam Rupiah, kecuali dinyatakan lain PT MNC LAND Tbk AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS continued For The Years Ended December 31, 2015 And 2014 Expressed in Rupiah, unless otherwise stated 71 14. PROPERTI INVESTASI lanjutan 14. INVESTMENT PROPERTIES continued Penyusutan untuk tahun yang berakhir pada tanggal 31 Desember 2015 dan 2014 adalah masing-masing sebesar Rp26.292.064.837 dan Rp18.872.108.031 dibebankan pada beban pokok pendapatan pada laporan laba rugi dan penghasilan komprehensif lain konsolidasian. Depreciation for the years ended December 31, 2015 and 2014 amounted to Rp26,292,064,837 and Rp18,872,108,031, respectively, was charged to cost of revenues in consolidated statements of profit or loss and other comprehensive income. Rincian persentase penyelesaian aset dalam penyelesaian pada tanggal 31 Desember 2015 dan 2014 adalah sebagai berikut: The details of construction in progress as of December 31, 2015 and 2014 are as follows: 31 Desember 2015 31 Desember 2014 December 31, 2015 December 31, 2014 Proyek: Projects: MNC Tower Surabaya 99 57 MNC Tower, Surabaya MNC Media II 19 8 MNC Media II GLDP, entitas anak, memiliki beberapa bidang tanah seluas 17.850 m 2 berlokasi di JI. Kebon Sirih dan JI. Wahid Hasyim, Jakarta. Hak legal berupa HGB berjangka waktu 30 tiga puluh tahun, jatuh tempo tahun 2026. Manajemen berpendapat bahwa sertifikat HGB tersebut dapat diperpanjang pada saat jatuh tempo. GLDP, a subsidiary, owned several land properties with total of 17,850 m 2 , located in Jl. Kebon Sirih and Jl. Wahid Hasyim, Jakarta. The landrights is in the form of HGB with terms expiring of 30 years, which is due in 2026. Management believes that the HGB certificates can be extended upon their expiration. Pada tanggal 31 Desember 2015 dan 2014, sebagian besar properti investasi digunakan sebagai jaminan atas utang jangka panjang - utang bank Catatan 22. As of December 31, 2015 and 2014, most of investment properties are used as collateral for long-term liabilities - bank loan Note 22. Pada 31 Desember 2015, properti investasi kecuali tanah, telah diasuransikan kepada PT MNC Asuransi Indonesia, pihak berelasi dan beberapa perusahaan asuransi pihak ketiga lainnya terhadap risiko kebakaran, gempa bumi dan risiko lainnya, dengan total pertanggungan sebesar US125.050.000 dan Rp4.220.605.271.552. Manajemen berpendapat bahwa nilai pertanggungan tersebut cukup untuk menutup kemungkinan kerugian atas risiko tersebut. As of December 31, 2015 investment properties, except for land, are covered by insurance against fire, earthquake and other risks with PT MNC Asuransi Indonesia, related party and other third parties with sum insured amounted to US125,050,000 and Rp4,220,605,271,552. Management believes that the insurance coverage is adequate to cover possible losses arising from such risks. Nilai wajar properti investasi berupa tanah, bangunan dan bangunan dalam penyelesaian pada tanggal 31 Desember 2015 sebesar Rp2,2 triliun yang ditentukan berdasarkan penilai independen KJPP Rengganis, Hamid Rekan dalam laporannya tertanggal 25 April 2014. Manajemen berpendapat bahwa tidak terdapat kejadian atau perubahan keadaan yang mengindikasikan penurunan nilai wajar properti investasi pada tanggal pelaporan. The fair value of the investment properties consist of land, buildings and construction in progress as of December 31, 2015 amounted to Rp2.2 trillion, which was determined by independent appraisers KJPP Rengganis, Hamid Rekan based on its report dated April 25, 2014. Management believes that there are no events or changes in circumstances which may indicate impairment in value of investment properties as of the reporting date. The original consolidated financial statements included herein are in Indonesian language. PT MNC LAND Tbk DAN ENTITAS ANAK CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN lanjutan Untuk tahun yang berakhir pada 31 Desember 2015 Dan 2014 Disajikan dalam Rupiah, kecuali dinyatakan lain PT MNC LAND Tbk AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS continued For The Years Ended December 31, 2015 And 2014 Expressed in Rupiah, unless otherwise stated 72 14. PROPERTI INVESTASI lanjutan 14. INVESTMENT PROPERTIES continued Total biaya pinjaman yang dikapitalisasi ke properti investasi dalam penyelesaian untuk tanggal 31 Desember 2015 adalah sebesar Rp100.236.364.686. Borrowing cost which were capitalized to investment properties under construction in progress is amounted to Rp100,236,364,686 for the period ended December 31, 2015. 15. UTANG USAHA 15. TRADE PAYABLES 2015 2014 Berdasarkan pemasok By supplier Pihak-pihak berelasi Catatan 38 1.790.715.792 437.586.604 Related parties Note 38 Pihak ketiga Third parties Utang konstruksi dan lainnya Construction payable and others JO Shimizu - Total 18.046.568.820 1.755.420 JO Shimizu – Total PT Solobhakti Trading Contractor 8.353.510.728 5.902.111.482 PT Solobhakti Trading Contractor PT Indalex 2.397.197.749 2.651.209.100 PT Indalex PT Sempurna Anugrah Utama 1.472.475.274 - PT Sempurna Anugrah Utama PT Artha Infotama 1.222.650.000 - PT Artha Infotama PT Rafindo Anugrah Sukses 562.100.000 505.890.000 PT Rafindo Anugrah Sukses PT Tata Mulya - 4.648.934.400 PT Tata Mulya Grahacitra Adhitama - 1.805.566.620 Grahacitra Adhitama Conran and partners - 4.066.966.500 Conran and partners PT Indonesia Pondasi Raya - 2.210.132.147 PT Indonesia Pondasi Raya Lain-lain 14.608.306.109 23.396.021.135 Others Sub-total 46.662.808.680 45.188.586.804 Sub-total Hotel 16.707.929.117 31.834.806.785 Hotel Sub-total pihak ketiga 63.370.737.797 77.023.393.589 Sub-total third parties Total 65.161.453.589 77.460.980.193 Total 16. UTANG LAIN-LAIN 16. OTHER PAYABLES 2015 2014 Pihak-pihak berelasi Catatan 38 2.280.763.078 2.470.491.117 Related parties Note 38 Pihak ketiga Third parties Utang kontraktor 13.859.787.937 15.449.147.450 Contractor payable Utang dividen 7.879.025.000 1.930.500.000 Dividend payable Service charge 2.751.292.220 3.374.282.483 Service charge Utang kepada pelanggan - 421.192.898 Payable to customer Utang biaya operasional dan lain-lain 13.815.819.900 11.239.940.752 Operating expenses payable and others Sub-total 38.305.925.057 32.415.063.583 Sub-total Total 40.586.668.135 34.885.554.700 Total