CASH AND CASH EQUIVALENTS continued 31 Maret 2017 31 Desember 2016

Indonesian language PT KINO INDONESIA Tbk DAN ENTITAS ANAK CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN Periode Tiga Bulan yang Berakhir Pada Tanggal 31 Maret 2017 Disajikan dalam Rupiah, kecuali dinyatakan lain Tidak Diaudit PT KINO INDONESIA Tbk AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS For the Three Months Period Ended March 31, 2017 Expressed in Rupiah, unless otherwise stated Unaudited 48

5. INVESTASI JANGKA PENDEK

5. SHORT-TERM INVESTMENTS

Investasi jangka pendek merupakan unit penyertaan reksa dana Mega Dana Kas, Bahana Dana Likuid dan Cipta Dana Cash yang dikelola oleh bank kustodian PT Bank CIMB Niaga Tbk, pihak ketiga masing-masing sebesar Rp 119.405.115.096 dan Rp 117.502.807.126 pada tanggal 31 Maret 2017 dan 31 Desember 2016. Short term Investment represent investments in Mega Dana Kas, Bahana Dana Likuid and Cipta Dana Cash mutual funds which are managed by custodian bank of PT Bank CIMB Niaga Tbk, a third party, amounted to Rp 119,405,115,096 and Rp 117,502,807,126 as of March 31, 2017 and December 31, 2016, respectively. Laba yang belum terealisasi atas perubahan nilai wajar periode berjalan masing-masing sebesar Rp 1.902.307.970 dan Rp 1.976.583.396 dicatat sebagai Laba investasi jangka pendek yang belum terealisasi” dalam laporan laba rugi dan penghasilan komprehensif lain konsolidasian untuk periode tiga bulan yang berakhir pada tanggal 31 Maret 2017 dan 2016. Unrealized changes in fair value of mutual funds amounting to Rp 1,902,307,970 and Rp 1,976,583,396 are recorded as part of Unrealized gain on short-term investments in consolidated statement of profit or loss and other comprehensive income for the three months period ended March 31, 2017 and 2016, respectively.

6. PIUTANG USAHA - NETO

6. TRADE RECEIVABLES - NET

Rincian piutang usaha berdasarkan nama pelanggan adalah sebagai berikut: The details of trade receivables based on customers name are as follows: 31 Maret 2017 31 Desember 2016 March 31, 2017 December 31, 2016 Pihak ketiga Third parties PT Sumber Alfaria Trijaya Tbk 44.864.836.073 31.376.017.076 PT Sumber Alfaria Trijaya Tbk PT Trans Retail Indonesia 33.492.414.014 27.066.301.521 -PT Trans Retail Indonesia PT Indomarco Prismatama 32.581.798.786 41.072.042.537 PT Indomarco Prismatama PT Laut Timur Ardiprima 23.635.749.415 30.159.831.842 PT Laut Timur Ardiprima PT Sinar Kencana Multi Lestari 18.882.259.513 36.480.153.110 PT Sinar Kencana Multi Lestari PT Dutamasindo Labora Jaya 16.880.377.987 10.457.982.217 PT Dutamasindo Labora Jaya PT Matahari Putra Prima Tbk 15.698.348.860 13.215.261.535 PT Matahari Putra Prima Tbk PT Liefarel Multi Niaga 9.366.417.157 16.243.449.926 PT Liefarel Multi Niaga Lain-lain masing-masing Others each below di bawah Rp 15.000.000.000 680.202.418.006 660.179.321.705 Rp 15,000,000,000 Total pihak ketiga 875.604.619.811 866.250.361.469 Total third parties Dikurangi penyisihan atas Less allowance for kerugian penurunan impairment losses of nilai piutang usaha 2.883.425.427 2.826.861.066 trade receivables Neto 872.721.194.384 863.423.500.403 Net Rincian umur piutang usaha dihitung berdasarkan tanggal faktur adalah sebagai berikut: The details of trade receivables based on aging of trade receivables are as follows: 31 Maret 2017 31 Desember 2016 March 31, 2017 December 31, 2016 Pihak ketiga Third parties Belum jatuh tempo 618.556.270.078 705.411.357.890 Not yet due Sudah jatuh tempo: Past due: 1 - 30 hari 173.651.451.570 142.042.175.436 1 - 30 days 31 - 60 hari 29.642.104.432 4.979.218.970 31 - 60 days 61 - 90 hari 18.913.741.418 6.100.846.354 61 - 90 days Lebih dari 90 hari 34.841.052.313 7.716.762.819 More than 90 days Total pihak ketiga 875.604.619.811 866.250.361.469 Total third parties Dikurangi penyisihan atas Less allowance for kerugian penurunan impairment losses of nilai piutang usaha 2.883.425.427 2.826.861.066 trade receivables Neto 872.721.194.384 863.423.500.403 Net Indonesian language PT KINO INDONESIA Tbk DAN ENTITAS ANAK CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN Periode Tiga Bulan yang Berakhir Pada Tanggal 31 Maret 2017 Disajikan dalam Rupiah, kecuali dinyatakan lain Tidak Diaudit PT KINO INDONESIA Tbk AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS For the Three Months Period Ended March 31, 2017 Expressed in Rupiah, unless otherwise stated Unaudited 49

6. PIUTANG USAHA - NETO lanjutan

6. TRADE RECEIVABLES - NET continued

Rincian piutang usaha berdasarkan mata uang adalah sebagai berikut: The details of trade receivables based on their original currency are as follows: 31 Maret 2017 31 Desember 2016 March 31, 2017 December 31, 2016 Rupiah 834.740.486.994 824.653.078.786 Rupiah Peso Filipina Philippine Peso PHP 103.987.008 tanggal PHP 103,987,008 as of 31 Maret 2017 dan March 31, 2017 and PHP 108.451.360 tanggal PHP 108,451,360 as of 31 Desember 2016 27.572.155.057 29.434.783.637 December 31, 2016 Dollar Amerika Serikat United States Dollar USD 545.024 tanggal USD 545,024 as of 31 Maret 2017 dan March 31, 2017 and USD 592.882 tanggal USD 592,882 as of 31 Desember 2016 7.260.267.901 7.965.963.766 December 31, 2016 Ringgit Malaysia Malaysian Ringgit MYR 1.742.125 tanggal MYR 1,742,125 as of 31 Maret 2017 dan March 31, 2017and MYR 1.104.894 tanggal MYR 1,104,894 as of 31 Desember 2016 5.242.725.716 3.310.378.438 December 31, 2016 Dong Vietnam Vietnam Dong VND 1.348.690.843 tanggal VND 1,348,690,843 as of 31 Maret 2017 dan March 31, 2017and VND 1.501.704.759 tanggal VND 1,501,704,759 as of 31 Desember 2016 788.984.143 886.156.842 December 31, 2016 Total 875.604.619.811 866.250.361.469 Total Dikurangi penyisihan atas kerugian Less allowance for impairment losses penurunan nilai piutang usaha 2.883.425.427 2.826.861.066 of trade receivables Neto 872.721.194.384 863.423.500.403 Net Mutasi penyisihan atas kerugian penurunan nilai atas piutang usaha adalah sebagai berikut: Mutation of allowance for impairment losses of trade receivables are as follows: 31 Maret 2017 31 Desember 2016 March 31, 2017 December 31, 2016 Saldo awal 2.826.861.066 10.560.901.209 Beginning balance Penyisihan atas kerugian Allowance for impairment losses penurunan nilai piutang of trade receivables for usaha tahun berjalan Catatan 29 94.377.415 409.578.314 current year Note 29 Efek neto penyesuaian selisih Net effect of difference adjustment in kurs karena penjabaran foreign currency from translation of laporan keuangan konsolidasian 37.813.054 652.365.983 consolidated financial statements Penghapusan selama tahun berjalan - 7.491.252.474 Write-off during current year Total penyisihan atas kerugian Total allowance for impairment penurunan nilai piutang usaha 2.883.425.427 2.826.861.066 losses of trade receivables Berdasarkan hasil penelaahan terhadap keadaan piutang masing-masing pelanggan pada akhir tahun, manajemen Grup berkeyakinan bahwa penyisihan atas kerugian penurunan nilai cukup untuk menutup kemungkinan kerugian atas tidak tertagihnya piutang usaha di kemudian hari. Based on the review of the status of the individual receivable at the end of each year, the Group’s management believes that the allowance for impairment losses is adequate to cover any possible losses on uncollectible trade receivables in the future. Piutang usaha dihapuskan pada saat piutang usaha telah jatuh tempo lebih dari 2 tahun. Trade receivable is written-off when the trade receivables has been overdue for more than 2 years.