Property and Equipment Fair values of available for sale investments are based on market prices

Laporan Tahunan | 2016 | Annual Report PT Asuransi Jasa Indonesia Persero 529 Financial H ighlights M anagement R epor t C ompan y P rofile G ood C or porat e G o ver nance Suppor ting Business Func tion C or porat e S ocial R esponsibilit y C onsolidat ed F inancial R epor t 2016 M anagement Discussion and Analysis of C ompan y’s P er for mance C onsolidat ed F inancial R epor t 2016 DraftMarch 10, 2017 parafsign: ang ed PT ASURANSI JASA INDONESIA PT ASURANSI JASA INDONESIA PERSERO DAN ENTITAS ANAK PERSERO AND SUBSIDIARIES CATATAN ATAS LAPORAN KEUANGAN NOTES TO CONSOLIDATED KONSOLIDASIAN FINANCIAL STATEMENTS Lanjutan Continued Untuk Tahun-Tahun yang Berakhir For the Years Ended pada 31 Desember 2016 dan 2015 December 31, 2016 and 2015 Dalam Ribuan Rupiah In Thousands Rupiah DraftMarch 10, 2017 78 parafsign: c. Liabilitas Manfaat Polis Masa Depan c. Liability on Policy Future benefit 2016 2015 Rp Rp Aneka 129,535,740 58,889,767 Various Kebakaran 11,563,286 40,420,419 Fire Rekayasa 14,442,863 11,890,739 Engineering Kendaraan bermotor 72,040,076 61,099,788 Vehicles Rangka kapal 4,551,034 20,926,568 Marine hull Pengangkutan -- 57,000 Marine cargo Total 232,132,999 193,284,281 Total 19. Utang Lain-lain 19. Other Accounts Payable 2016 2015 Rp Rp Uang Jaminan 933,067,016 775,218,206 Collateral on Surety Bonds Rekening Antar Dana Peserta - Pengelola 30,801,017 -- Participant - Administrator Inter Account Beban Akrual 18,912,771 18,315,244 Accrued Expenses Survey Klaim 18,247,193 13,882,939 Claim Survey Deposit Jaminan 5,422,670 4,650,003 Security Deposit Dana Tabarru -- 23,815,205 Tabarru fund Perolehan aset -- 766,379 Liabilities for purchased assets Lainnya 68,534,627 38,826,691 Others Total 1,074,985,294 875,474,667 Total Uang jaminan merupakan uang jaminan yang diterima oleh Grup sehubungan dengan penerbitan asuransi jaminan dan garansi bank. Collateral on surety bonds represents cash collateral received by the Group regarding the issuance of surety bond and bank guarantee. Rekening antar Dana Peserta - Pengelola merupakan akun utang piutang antara AJS sebagai pengelola dengan nasabah sebagai peserta sesuai dengan prinsip syariah. Inter Participants – Administrator Account is a debts account between AJS as a administrator and customer as the participant in accordance with syaria priciples. Pada tahun ini tidak terdapat saldo dana tabarru’ sebagai dampak dari pelepasan Unit Usaha Takaful yang menjadi entitas anak. During the year, Tabarru’ Funds balance amounted to Nil as a result of split-off of Takaful Busines Unit to became subsidiary. 20. Nilai Wajar Aset Keuangan dan 20. Fair Value of Financial Liabilitas Keuangan Assets and Liabilites Nilai wajar adalah nilai dimana suatu instrumen keuangan dapat dipertukarkan antara pihak yang memahami dan berkeinginan untuk melakukan transaksi wajar, dan bukan merupakan nilai penjualan akibat kesulitan keuangan atau likuidasi yang dipaksakan. Nilai wajar diperoleh dari kuotasi harga atau model arus kas diskonto. Fair value is defined as the amount at which the financial instruments could be exchanged in a current transaction between knowledgeable, willing parties in an arms length transaction, other than in a forced sale or liquidation. Fair values are obtained from quoted prices, discounted cash flows model, as appropriate. Laporan Tahunan | 2016 | Annual Report PT Asuransi Jasa Indonesia Persero 530 Ik htisar K euangan Laporan M anajemen Pr ofil P erusahaan Tata k elola perusahaan Fungsi P enunjang Bisnis Tanggung Ja wab S osial Perusahaan Laporan K euangan K onsolidasi 2016 Analisa dan P embahasan M anajamen atas K inerja P erusahaan Laporan K euangan K onsolidasi 2016 PT ASURANSI JASA INDONESIA PT ASURANSI JASA INDONESIA PERSERO DAN ENTITAS ANAK PERSERO AND SUBSIDIARIES CATATAN ATAS LAPORAN KEUANGAN NOTES TO CONSOLIDATED KONSOLIDASIAN FINANCIAL STATEMENTS Lanjutan Continued Untuk Tahun-Tahun yang Berakhir For the Years Ended pada 31 Desember 2016 dan 2015 December 31, 2016 and 2015 Dalam Ribuan Rupiah In Thousands Rupiah DraftMarch 10, 2017 79 parafsign: Berikut adalah nilai tercatat dan estimasi nilai wajar atas aset dan liabilitas keuangan Grup pada tanggal 31 Desember 2016 dan 2015. The following table sets forth the carrying values and estimated fair values of the Groups financial assets and liabilities as of December 31, 2016 and 2015. Nilai Estimasi Nilai Estimasi Tercatat Nilai Wajar Tercatat Nilai Wajar Carrying Estimated Carrying Estimated Values Fair Values Values Fair Values Rp Rp Rp Rp Aset Keuangan Financial Assets Aset keuangan pada nilai wajar Financial assets at fair value melalui laba rugi: through profit or loss: Unit penyertaan reksadana 66,972,574 66,972,574 76,021,688 76,021,688 Investments Mutual funds Saham diperdagangkan 4,665,100 4,665,100 25,149,012 25,149,012 Equity securities trading Sukuk 38,554,800 38,554,800 56,637,300 56,637,300 Sukuk Pinjaman yang diberikan dan piutang: Loans and receivables Kas dan setara kas 1,004,808,035 1,004,808,035 1,139,467,524 1,139,467,524 Cash and cash equivalents Piutang premi 2,269,739,835 2,269,739,835 1,452,705,661 1,452,705,661 Premium receivable Piutang reasuransi 927,180,616 927,180,616 672,193,318 672,193,318 Reinsurance receivable Piutang lain-lain 96,868,235 96,868,235 41,975,696 41,975,696 Other accounts receivable Investasi - Deposito berjangka 736,289,410 736,289,410 1,089,899,979 1,089,899,979 Investments Time deposits Aset lain-lain - pinjaman karyawan Other assets - loans to employees dan bank garansi 134,426,139 134,426,139 16,921,964 16,921,964 and bank guarantee lnvestasi aset keuangan tersedia AFS financial assets untuk dijual: investments: Efek utang 450,885,416 450,885,416 363,026,028 363,026,028 Debt securities Saham 3,086,024 3,086,024 2,232,233 2,232,233 Equity securities at cost Investasi saham - metode Investment In shares biaya 222,232,320 222,232,320 222,232,320 222,232,320 of stock - cost method Total Aset Keuangan 5,955,708,504 5,955,708,504 5,158,462,723 5,158,462,723 Total Financial Assets Liabilitas Keuangan Financial Liabilities Diukur pada biaya perolehan diamortisasi: Measured at amortized cost: Utang klaim 318,504,288 318,504,288 201,283,531 201,283,531 Claim payable Utang reasuransi 1,242,007,334 1,242,007,334 885,397,547 885,397,547 Reinsurance payable Utang komisi 81,861,080 81,861,080 94,390,200 94,390,200 Commissions payable Utang lain-lain 1,074,985,294 1,074,985,294 875,474,667 875,474,667 Other accounts payable Total Liabiltas Keuangan 2,717,357,996 2,717,357,996 2,056,545,945 2,056,545,945 Total Financial Liabilities ] 2016 2015 Hirarki Nilai Wajar Fair Value Hierarchy Tabel berikut mengungkapkan hirarki nilai wajar dari aset keuangan yang diukur pada nilai wajar: The following table discloses the fair value hierarchy of financial assets measured at fair value: