SOURCE OF ESTIMATION UNCERTAINTY

Indonesian language. PT SOECHI LINES TBK DAN ENTITAS ANAK CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN Tahun yang Berakhir pada Tanggal-tanggal 31 Desember 2016 dan 2015 Disajikan Dalam Dolar AS, kecuali Dinyatakan Lain PT SOECHI LINES TBK AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS Years Ended December 31, 2016 and 2015 Expressed in US Dollar, unless Otherwise Stated 45

4. PENDIRIAN, AKUISISI DAN PENGHENTIAN ENTITAS ANAK lanjutan

4. ESTABLISHMENTS, ACQUISITIONS

AND DISSOLUTION OF SUBSIDIARIES continued PT Lintas Samudra Maritim LSM lanjutan PT Lintas Samudra Maritim LSM continued Kepemilikan Perusahaan pada LSM adalah sebesar 99,98 atau senilai AS943.811 dari total modal yang disetor penuh. The Company’s ownership in LSM amounted to USD943,811 or equivalent to 99.98 from total fully paid shares. Success International Marine Pte. Ltd. SIM dan Entitas Anak Success International Marine Pte. Ltd. SIM and Subsidiaries Pada tanggal 17 Mei 2016, SIM mendirikan Success Marine Offshore Pte. Ltd. SMO, yang berkedudukan di negara Singapura. Kepemilikan SIM pada SMO adalah sebesar 100,00 atau senilai AS10.000 dari total modal yang disetor penuh. On May 17, 2016, SIM established Success Marine Offshore Pte. Ltd. SMO, which was incorporated in Singapore. The SIM ’s ownership in SMO amounted to USD10,000 or equivalent to 100.00 from total fully paid shares. Pada tanggal 9 Desember 2016, Success Marlina XXXIII, S.A. SM entitas anak dari SIM, telah dihentikan dari registrasi Perusahaan Republik Panama dan telah dibubarkan sejak tanggal tersebut. Seluruh aset dan liabilitas SM telah ditransfer kepada SIM. On December 9, 2016, Success Marlina XXXIII, S.A. SM, a subsidiary of SIM, was struck off from the register of Companies of the Republic of Panama and has been dissolved from that date. All the assets and liabilities of SM have been transferred to SIM. Pada tahun 31 Desember 2016, Success Marlina Pte. Ltd., entiitas anak dari SIM, masih dalam proses penghentian. As of December 31, 2016, Success Marlina Pte. Ltd., a subsidiary of SIM, is still in the process of dissolution. PT Multi Ocean Shipyard MOS PT Multi Ocean Shipyard MOS Berdasarkan Akta Notaris Vici Lestari, S.H., M.Kn., No. 02 tanggal 24 Desember 2016, MOS meningkatkan modal ditempatkan dan disetor penuh dari Rp420.000.000.000 menjadi Rp840.000.000.000. Peningkatan modal ditempatkan dan disetor sebesar Rp420.000.000.000 setara dengan AS31.217.482 seluruhnya dilakukan dengan konversi utang MOS kepada Perusahaan. Transaksi ini juga menyebabkan selisih sebesar AS1.273 yang diperlakukan sebagai “Selisih Nilai Transaksi Restrukturisasi Entitas Sepengendali’ dan dicatat sebagai bagian dari “Tambahan modal diseto r” dalam laporan posisi keuangan konsolidasian tahun 2016. Based on Notarial Deed No. 02 of Vici Lestari, S.H., M.Kn., dated December 24, 2016, MOS increased its issued and fully paid capital from Rp420,000,000,000 to Rp840,000,000,000. The increase in issued and fully paid capital of Rp420,000,000,000 equivalent to USD31,217,482 was made through conversion of MOS’s payable to the Company. This transaction also resulted to a difference amounting to USD1,273 which is recognized as “Difference in Value from Restructuring Transactions of Entities Under Common Control” and recorded as part of “Additional paid-in capital” in the 2016 consolidated statements of financial position. 5. KAS DAN SETARA KAS 5. CASH AND CASH EQUIVALENTS Akun ini terdiri dari: This account consists of: 2016 2015 Kas Cash on hand Rupiah 530.985 343.462 Rupiah Dolar AS 196.782 - US Dollar Sub-total 727.767 343.462 Sub-total Indonesian language. PT SOECHI LINES TBK DAN ENTITAS ANAK CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN Tahun yang Berakhir pada Tanggal-tanggal 31 Desember 2016 dan 2015 Disajikan Dalam Dolar AS, kecuali Dinyatakan Lain PT SOECHI LINES TBK AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS Years Ended December 31, 2016 and 2015 Expressed in US Dollar, unless Otherwise Stated 46 5. KAS DAN SETARA KAS lanjutan 5. CASH AND CASH EQUIVALENTS continued 2016 2015 Bank Cash in banks Pihak Ketiga Third Parties Rekening Dolar AS US Dollar accounts PT Bank OCBC NISP Tbk 1.351.091 620.831 PT Bank OCBC NISP Tbk PT Bank Mandiri Persero Tbk 219.903 208.821 PT Bank Mandiri Persero Tbk PT Bank Central Asia Tbk 18.020 4.519.118 PT Bank Central Asia Tbk PT Bank Artha Graha PT Bank Artha Graha Internasional Tbk 8.486 10.622 Internasional Tbk PT Bank CIMB Niaga Tbk 6.008 1.000 PT Bank CIMB Niaga Tbk PT Bank Maybank Indonesia Tbk 4.815 3.965 PT Bank Maybank Indonesia Tbk DBS Bank Ltd, Singapura 3.709 6.064 DBS Bank Ltd, Singapore CIMB Bank Berhad, Singapura 2.734 10.133 CIMB Bank Berhad, Singapore PT Bank Negara Indonesia PT Bank Negara Indonesia Persero Tbk 1.921 1.956 Persero Tbk Overseas - Chinese Banking Overseas - Chinese Banking Corporation Limited, Singapura 1.851 169.421 Corporation Limited, Singapore PT Bank Sinarmas Tbk 1.600 333 PT Bank Sinarmas Tbk PT Bank MNC Intenasional Tbk 1.373 1.396 PT Bank MNC Intenasional Tbk Standard Chartered Bank, Jakarta 997 - Standard Chartered Bank, Jakarta Deutsche Bank AG, Singapura 944 944 Deutsche Bank AG, Singapore RHB Bank L Ltd., Singapura - 271.572 RHB Bank L Ltd., Singapore Rekening Rupiah Rupiah accounts PT Bank OCBC NISP Tbk PT Bank OCBC NISP Tbk 2016: Rp5.437.320.672 dan 2016: Rp Rp5,437,320,672 and 2015: Rp873.858.070 404.683 63.346 2015: Rp873,858,070 PT Bank Mandiri Persero Tbk PT Bank Mandiri Persero Tbk 2016: Rp4.416.565.316 dan 2016: Rp Rp4,416,565,316 and 2015: Rp2.787.776.370 328.711 202.086 2015: Rp2,787,776,370 PT Bank Central Asia Tbk PT Bank Central Asia Tbk 2016: Rp2.850.574.265 dan 2016: Rp2,850,574,265 and 2015: Rp508.966.525 212.159 36.895 2015: Rp508,966,525 PT Bank Artha Graha PT Bank Artha Graha Internasional Tbk Internasional Tbk 2016: Rp33.465.496 dan 2016: Rp33,465,496 and 2015: Rp33.259.745 2.491 2.411 2015: Rp33,259,745 PT Bank Sinarmas Tbk PT Bank Sinarmas Tbk 2016: Rp21.994.732 dan 2016: Rp21,994,732 and 2015: Rp22.582.745 1.637 1.637 2015: Rp22,582,745 PT Bank Negara Indonesia PT Bank Negara Indonesia Persero Tbk Persero Tbk 2016: Rp7.279.259 dan 2016: Rp7,279,259 and 2015: Rp7.559.660 542 548 2015: Rp7,559,660 PT Bank Maybank PT Bank Maybank Indonesia Tbk Indonesia Tbk 2016: Rp6.297.409 dan 2016: Rp6,297,409 and 2015: Rp7.269.965 469 527 2015: Rp7,269,965 PT Bank MNC Internasional Tbk PT Bank MNC Internasional Tbk 2016: Rp4.753.257 dan 2016: Rp4,753,257 and 2015: Rp5.131.740 354 372 2015: Rp5,131,740 PT Bank Rakyat Indonesia PT Bank Rakyat Indonesia Persero Tbk Persero Tbk 2016: Rp2.310.992 dan 2016: Rp2,310,992 and 2015: Rp2.676.230 172 194 2015: Rp2,676,230 PT Bank CIMB Niaga Tbk PT Bank CIMB Niaga Tbk 2016: Rp2.122.888 dan 2016: Rp2,122,888 and 2015: Rp4.993.790 158 362 2015: Rp4,993,790 Standard Chatered Bank, Standard Chartered Bank, Jakarta Rp1.952.000 145 - Jakarta Rp1,952,000