KEPENTINGAN NON-PENGENDALI NON-CONTROLLING INTERESTS

619 The original consolidated financial statements included herein are in Indonesian language. PT BLUE BIRD TBK DAN ENTITAS ANAK CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN Periode Empat Bulan yang Berakhir pada Tanggal 30 April 2014 dan Tahun yang Berakhir pada Tanggal-tanggal 31 Desember 2013, 2012 dan 2011 Dengan Angka Perbandingan Periode Empat Bulan yang Berakhir pada Tanggal 30 April 2013 Tidak Diaudit Disajikan dalam Rupiah, kecuali Dinyatakan Lain PT BLUE BIRD TBK AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS Four-Month Period Ended April 30, 2014 and Years Ended December 31, 2013, 2012 and 2011 With Comparative Figures for the Four-Month Period Ended April 30, 2013 Unaudited Expressed in Rupiah, unless Otherwise Stated 21. PENDAPATAN NETO 21. NET REVENUES Akun ini terdiri dari: This account consists of: 30 AprilApril 30, 31 DesemberDecember 31, 2014 2013 2013 2012 2011 Pihak ketiga Third parties Kendaraan taksi 1.282.227.638.576 958.256.069.552 3.374.281.600.907 2.649.428.146.404 2.200.822.028.377 Taxi vehicles Dikurangi: Less: Potongan harga 1.796.570.846 1.173.013.926 3.983.054.868 2.977.928.174 2.835.748.664 Discounts Sewa kendaraan 200.486.267.782 167.186.112.017 562.979.053.672 458.464.886.955 370.620.997.994 Vehicles for rent Dikurangi: Less: Potongan harga 7.201.891.614 4.632.303.180 20.112.593.735 12.277.314.633 8.821.817.671 Discount Biaya tambahan 3.054.363.000 2.240.868.208 7.750.385.750 6.702.290.713 4.213.162.000 Surcharges Neto 1.476.769.806.898 1.121.877.732.671 3.920.915.391.726 3.099.340.081.265 2.563.998.622.036 Net Untuk periode empat bulan yang berakhir pada tanggal-tanggal 30 April 2014 dan 2013 dan tahun yang berakhir pada tanggal-tanggal 31 Desember 2013, 2012 dan 2011, tidak ada pendapatan dari pelanggan yang melebihi 10 dari total pendapatan neto. For the four-month period ended April 30, 2014 and 2013 and for the years ended December 31, 2013, 2012 and 2011, there are no revenues from individual customers exceeding 10 of total net revenues. 22. BEBAN LANGSUNG 22. DIRECT COSTS Akun ini terdiri dari: This account consists of: 30 AprilApril 30, 31 DesemberDecember 31, 2014 2013 2013 2012 2011 Gaji, tunjangan dan Salaries, allowances and beban pengemudi 400.997.554.833 299.990.608.198 1.088.211.613.062 816.448.044.020 647.042.919.768 drivers’ cost Bahan bakar minyak 300.037.133.660 186.020.041.124 745.704.049.340 545.450.085.235 474.422.867.075 Fuel Penyusutan Catatan 10 200.925.630.254 147.126.063.912 489.995.840.625 349.290.385.484 244.973.525.083 Depreciation Note 10 Perbaikan, pemeliharaan Repairs, maintenance and dan suku cadang 59.167.491.527 48.604.197.186 153.389.431.722 201.660.360.545 147.909.810.899 spare parts KIR, tera dan perizinan operasi KIR, tera and licenses for armada 22.214.663.437 11.929.794.115 55.141.911.534 52.251.866.486 43.249.489.295 fleet operations Asuransi 3.786.780.025 2.118.316.383 8.408.299.221 11.234.876.993 5.450.079.205 Insurance Lain-lain 16.891.856.752 10.454.679.134 47.588.470.053 42.850.671.190 36.050.682.416 Others Total 1.004.021.110.488 706.243.700.052 2.588.439.615.557 2.019.186.289.953 1.599.099.373.741 Total Untuk periode empat bulan yang berakhir pada tanggal-tanggal 30 April 2014 dan 2013 dan tahun yang berakhir pada tanggal-tanggal 31 Desember 2013, 2012 dan 2011, tidak ada beban langsung kepada pemasok yang melebihi 10 dari total pendapatan neto. For the four-month period ended April 30, 2014 and 2013 and years ended December 31, 2013, 2012 and 2011, there are no direct cost to suppliers exceeding 10 of total net revenues. 23. BEBAN USAHA 23. OPERATING EXPENSES Akun ini terdiri dari: This account consists of: 30 AprilApril 30, 31 DesemberDecember 31, 2014 2013 2013 2012 2011 Beban penjualan Selling expenses Pemasaran 3.536.534.066 1.506.511.952 9.518.654.576 7.607.891.329 1.522.320.045 Marketing 620 The original consolidated financial statements included herein are in Indonesian language. PT BLUE BIRD TBK DAN ENTITAS ANAK CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN Periode Empat Bulan yang Berakhir pada Tanggal 30 April 2014 dan Tahun yang Berakhir pada Tanggal-tanggal 31 Desember 2013, 2012 dan 2011 Dengan Angka Perbandingan Periode Empat Bulan yang Berakhir pada Tanggal 30 April 2013 Tidak Diaudit Disajikan dalam Rupiah, kecuali Dinyatakan Lain PT BLUE BIRD TBK AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS Four-Month Period Ended April 30, 2014 and Years Ended December 31, 2013, 2012 and 2011 With Comparative Figures for the Four-Month Period Ended April 30, 2013 Unaudited Expressed in Rupiah, unless Otherwise Stated 23. BEBAN USAHA lanjutan 23. OPERATING EXPENSES continued 30 AprilApril 30, 31 DesemberDecember 31, 2014 2013 2013 2012 2011 General and administrative Beban umum dan administrasi expenses Gaji 44.937.971.755 34.500.050.049 117.267.807.403 194.557.129.673 192.737.278.955 Salaries Sewa dan pemeliharaan 16.869.462.831 17.355.944.826 50.783.336.721 87.216.200.341 79.540.209.870 Rent and maintenance Allowances and Tunjangan dan imbalan kerja 13.034.535.707 6.714.219.167 22.790.276.735 25.610.968.724 23.321.911.812 employee benefits Kantor 8.894.285.160 4.075.441.547 18.004.228.345 14.384.990.303 10.991.172.777 Office Utilitas 5.533.515.223 3.676.764.449 14.722.392.094 11.494.517.157 10.902.270.305 Utilities Penyusutan Catatan 10 5.073.641.759 3.168.585.761 11.859.314.190 8.821.594.123 7.606.365.135 Depreciation Note 10 Administrasi bank 4.036.095.347 2.834.122.875 7.791.700.988 5.225.883.289 3.885.954.820 Bank administration Pajak lain-lain 3.462.710.761 7.737.444.105 27.706.049.778 36.206.977.619 41.105.007.978 Other taxes Pelatihan dan penerimaan tenaga kerja 2.950.388.780 2.125.691.743 6.770.728.765 5.044.966.760 3.984.788.811 Training and recruitment Transportation and Transportasi dan akomodasi 2.904.986.953 2.168.757.542 8.183.647.068 12.954.559.957 10.716.763.967 accommodation Jasa profesional 2.564.400.123 3.413.646.243 9.993.797.123 17.787.809.019 5.297.225.150 Professional fees Piutang tak tertagih 259.986.370 226.169.778 535.304.389 1.600.995.956 895.680.591 Bad debt Lain-lain 6.731.557.517 8.193.795.126 36.641.293.318 45.869.551.005 20.321.850.246 Others Sub-total 117.253.538.286 96.190.633.211 333.049.876.917 466.776.143.926 411.306.480.417 Sub-total Total 120.790.072.352 97.697.145.163 342.568.531.493 474.384.035.255 412.828.800.462 Total

24. INSTRUMEN KEUANGAN, MANAJEMEN RISIKO DAN PENGELOLAAN MODAL

24. FINANCIAL INSTRUMENTS, RISKS MANAGEMENT AND CAPITAL MANAGEMENT

a. Faktor dan Kebijakan Manajemen Risiko

Keuangan a. Factors and Policies of Financial Risk Management Dalam menjalankan aktivitas operasi, investasi dan pendanaan, Grup menghadapi risiko keuangan yaitu risiko kredit, risiko likuiditas dan risiko pasar dan mendefinisikan risiko- risiko sebagai berikut: In its operating, investing and financing activities, the Group is exposed to the following financial risks: credit risk, liquidity risk and market risk and define those risks as follows: • Risiko kredit: kemungkinan bahwa debitur tidak membayar semua atau sebagian pinjaman atau tidak membayar secara tepat waktu dan akan menyebabkan kerugian Grup. • Credit risk: the risk of financial loss to the Group if debtor will not repay all or a portion of a loan or will not repay in a timely manner. • Risiko likuiditas: risiko bahwa Grup tidak akan dapat memenuhi kewajiban keuangannya pada saat jatuh tempo. • Liquidity risk: the risk that the Group will not be able to meet its financial obligations as they fall due. • Risiko pasar: risiko bahwa perubahan dalam suku bunga dan kurs mata uang asing akan mempengaruhi pendapatan Grup atau nilai dari kepemilikan instrumen keuangan. • Market risk: the risk that changes in interest rates and foreign currency rates will affect the Group’s income or the value of its holdings of financial instruments. Tabel berikut menyajikan nilai tercatat aset dan liabilitas keuangan: The following table summarizes the carrying amount of financial assets and liabilities: 31 DesemberDecember 31, 30 April 2014 April 30, 2014 2013 2012 2011 Aset Keuangan Financial Assets Kas dan setara kas 349.959.225.203 267.075.839.864 590.225.550.501 397.409.614.108 Cash and cash equivalents Piutang usaha - neto 162.494.976.170 164.727.363.513 66.302.622.151 47.387.768.212 Trade receivables - net Piutang lain-lain 100.879.105.105 92.339.077.631 43.037.421.432 78.839.145.442 Other receivables Total 613.333.306.478 524.142.281.008 699.565.594.084 523.636.527.762 Total