Provisions continued Borrowings Borrowing costs
2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued
r. Provisions continued
ii Other provisions continued Provision is measured at the present value of the expenditure expected to be required to settle the obligation using a pre-tax rate that reflects current market assessments of the time value of money and the risks specific to the obligation. Increase in the provision due to the passage of time is recognised as finance cost.s. Borrowings
Borrowings are recognised initially at their fair value, net of any transaction costs incurred. Borrowings are subsequently carried at amortised cost; any difference between the proceeds net of transaction costs and the redemption value is recognised in profit or loss over the year of the borrowing, using the effective interest method. Fees paid on the establishment of loan facilities are recognised as transaction costs of the loan to the extent that it is probable that some or all of the facility will be drawn down. In this case, the fee is deferred until the drawdown occurs. To the extent that there is no evidence that it is probable that some or all of the facility will be drawn down, the fee is capitalised as a prepayment for liquidity services and amortised over the year of the facility to which it relates. Borrowings are classified as current liabilities unless the Group has an unconditional right to defer the settlement of the liability for at least 12 months after the reporting date.t. Borrowing costs
Borrowing costs either directly or indirectly attributable to the acquisition, construction or production of a qualifying asset, are capitalised as part of the cost of that asset until such time as the asset is substantially ready for its intended use or sale. For borrowings directly attributable to a qualifying asset, the amount to be capitalised is determined as the actual borrowing costs incurred during the year, less any income earned on the temporary investment of such borrowings. For borrowings that are not directly attributable to a qualifying asset, the amount to be capitalised is determined by applying a capitalisation rate to the amount expended on the qualifying asset. All other borrowing costs are recognised in profit or loss in the period in which they are incurred.u. Employee benefits
Parts
» Adaro Energy Annual Report 2013 English
» 6.5 53.5 Adaro Energy Annual Report 2013 English
» 20.8 10.9 13.6 1 17.7 11 10 Adaro Energy Annual Report 2013 English
» 24.3 42.2 38.5 40.6 52.3 Adaro Energy Annual Report 2013 English
» Net revenues Coal loaded to ships Total liabilities Barge trips through channel
» 1Q13 1H13 Adaro Energy Annual Report 2013 English
» Total Adaro Energy Annual Report 2013 English
» 0.1 2 1 Adaro Energy Annual Report 2013 English
» 2.4 3.1 0.10 5.0 0.16 Adaro Energy Annual Report 2013 English
» 2.7 2.7 5.9 4.36 Adaro Energy Annual Report 2013 English
» Establishment of the Company and other information
» Establishment of the Company and other information continued Group structure
» Group structure continued Group structure continued
» Group structure continued Coal Cooperation Agreement
» Cooperation Agreement Barito Channel Cooperation Agreement
» Mining Business Permits Mining Business Permits continued
» Principles of consolidation Subsidiaries 1. Consolidation 2. Acquisition
» Principles of consolidation continued
» Cash and cash equivalents Receivables Inventories
» 4. Impairment of financial assets carried at amortised cost
» Fixed assets and depreciation Fixed assets and depreciation continued
» Fixed assets and depreciation continued Goodwill Impairment of non-financial assets
» Exploration and evaluation assets Exploration and evaluation assets continued
» Mining properties Adaro Energy Annual Report 2013 English
» Stripping costs Trade payables Leases
» Provisions Adaro Energy Annual Report 2013 English
» Provisions continued Borrowings Borrowing costs
» Employee benefits Employee benefits continued
» Sales of coal Revenue and expenses recognition continued
» Rental income Adaro Energy Annual Report 2013 English
» Acquisition of control over BEP
» Acquisition of control over BEP continued Acquisition of control over Balangan
» Acquisition of control over Balangan continued
» Syndicated Loan Adaro Energy Annual Report 2013 English
» Syndicated Loan continued Syndicated Bank Loan
» Syndicated Bank Loan continued US750,000 Facility Agreement
» US380,000 Facility Agreement continued US160,000 Facilities Agreement
» PT Bank OCBC NISP Tbk PT Bank OCBC NISP Tbk continued US40,000 Facility Agreement
» Prepaid taxes Recoverable taxes Recoverable taxes continued
» Taxes payable Income tax expense Income tax expense continued
» Deferred tax assetsliabilities Deferred tax assetsliabilities continued
» Deferred tax assetsliabilities continued Administration Tax assessment letter
» Nature of relationships Transaction details
» Transaction details continued Key management compensation
» Coal mining, transportation, barging, transhipment and other related agreements
» Royalty claim continued Banking facility
» Mining Law No. 42009 Adaro Energy Annual Report 2013 English
» Ministerial Regulation No. 282009 Adaro Energy Annual Report 2013 English
» Ministerial Regulation No. 342009 Ministerial Regulation N 172010
» Market risk Market risk continued
» Credit risk Credit risk continued
» Liquidity risk Liquidity risk continued
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