CASH AND CASH EQUIVALENTS continued

PT PERTAMINA PERSERO DAN ENTITAS ANAKAND SUBSIDIARIES Lampiran 555 Schedule CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN 31 DESEMBER 2013 DAN 2012 Dinyatakan dalam ribuan Dolar Amerika Serikat, kecuali dinyatakan lain NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS 31 DECEMBER 2013 AND 2012 Expressed in thousands of US Dollars, unless otherwise stated

7. PIUTANG USAHA - PIHAK KETIGA lanjutan

7. TRADE

RECEIVABLES - THIRD PARTIES continued b. Mutasi penyisihan penurunan nilai atas piutang usaha b. Movements in the provision for impairment of trade receivables Manajemen Perusahaan menetapkan penyisihan penurunan nilai atas piutang dengan menggunakan pendekatan penurunan nilai secara individual. The management of the Company has provided provision for the impairment of receivables on an individual basis. Berdasarkan evaluasi manajemen terhadap kolektibilitas saldo masing-masing piutang usaha pada tanggal 31 Desember 2013 dan 2012, manajemen berkeyakinan bahwa jumlah penyisihan penurunan nilai memadai untuk menutup kemungkinan kerugian dari tidak tertagihnya piutang usaha dari pihak ketiga. Based on management’s review of the collectability of each balance of trade receivables as at 31 December 2013 and 2012, management believes that the provision for impairment is adequate to cover potential losses as a result of uncollected trade receivables from third parties. Manajemen berkeyakinan bahwa tidak terdapat konsentrasi risiko kredit yang signifikan atas piutang usaha kepada pihak ketiga. Management believes that there are no significant concentrations of credit risk involving third party trade receivables. c. Piutang usaha berdasarkan mata uang c. The currencies of trade receivables 2013 2012 Dolar Amerika Serikat 1,759,878 1,422,625 US Dollar Rupiah 339,125 296,773 Rupiah 2,099,003 1,719,398

8. PIUTANG PEMERINTAH

8. DUE FROM THE GOVERNMENT

2013 2012 Perusahaan: The Company: Piutang atas penggantian Receivables for reimbursement biaya subsidi of subsidy costs for jenis BBM tertentu 2,757,919 2,084,986 certain fuel BBM products Piutang atas penggantian Receivables for reimbursement biaya program konversi of costs for kerosene minyak tanah ke LPG 202,429 277,218 conversion to LPG program Piutang imbalan jasa pemasaran 371,004 264,265 Receivables for marketing fees Piutang atas penggantian Receivables for reimbursement biaya subsidi of cost subsidy LPG tabung 3 kg 808,720 222,659 for LPG 3 kg cylinders Lain-lain - 130 Others Jumlah - Perusahaan 4,140,072 2,849,258 Total - the Company Entitas Anak: 173,332 140,878 Subsidiaries: Jumlah Konsolidasian 4,313,404 2,990,136 Total Consolidated Penyisihan penurunan nilai 22,450 275,610 Provision for impairment Jumlah 4,290,954 2,714,526 Total Jumlah piutang Pemerintah yang jatuh tempo untuk dilunasi dalam periode satu tahun setelah tanggal laporan keuangan dikelompokkan sebagai piutang lancar. Due from the Government which is scheduled for settlement within one year of the financial statement date are categorised as a current receivable. PT PERTAMINA PERSERO DAN ENTITAS ANAKAND SUBSIDIARIES Lampiran 556 Schedule CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN 31 DESEMBER 2013 DAN 2012 Dinyatakan dalam ribuan Dolar Amerika Serikat, kecuali dinyatakan lain NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS 31 DECEMBER 2013 AND 2012 Expressed in thousands of US Dollars, unless otherwise stated

8. PIUTANG PEMERINTAH lanjutan

8. DUE FROM THE GOVERNMENT continued

Mutasi penyisihan penurunan nilai piutang Pemerintah sebagai berikut: Movements in the provision for impairment of due from the Government are as follows: 2013 2012 Saldo awal 275,610 269,447 Beginning balance Penurunan nilai selama tahun berjalan 16,819 31,580 Impairment during the year Pembalikan penurunan nilai atas Reversal of impairment of piutang yang terpulihkan 214,185 9,217 recovered receivables Keuntungan selisih kurs 55,794 16,200 Foreign exchange gain Saldo akhir 22,450 275,610 Ending balance

a. Piutang atas penggantian biaya subsidi

jenis BBM tertentu a. Receivables for reimbursement of subsidy costs for certain fuel BBM products Piutang Perusahaan atas penggantian biaya subsidi jenis BBM tertentu merupakan tagihan atas subsidi BBM yang disalurkan kepada masyarakat. The Company’s receivables for reimbursement of the subsidy costs for certain BBM products are billings for the BBM subsidy provided to the public. Penugasan Pemerintah dalam bentuk Public Service Obligation PSO kepada Perusahaan ditetapkan berdasarkan kontrak tahunan dengan BPH Migas. Penetapan harga jual BBM bersubsidi tersebut didasarkan pada Surat Keputusan MESDM. The Public Service Obligation PSO mandate to the Company from the Government is based on an annual contract with BPH Migas. The sales price of the subsidised BBM products is based on MoEMR’s Decision Letter. Mekanisme pembayaran subsidi didasarkan pada besarnya anggaran yang ditetapkan dalam Anggaran Pendapatan dan Belanja Negara APBN dan APBN Perubahan APBN-P. Subsidi tahun 2013 terdapat kekurangan anggaran, karena penyaluran subsidi jenis BBM tertentu melebihi nilai yang ditetapkan dalam APBN dan APBN-P tahun 2013. The mechanism for the subsidy payment is based on the amount decided in the State Budget APBN and Amended State Budget APBN-P. There was a budget shortage in the 2013 subsidy due to the distribution of certain BBM products which exceeded the amount decided in the APBN and APBN-P year 2013. 2013 2012 Saldo awal 2,084,986 739,754 Beginning balance Ditambah: Add: Penggantian biaya subsidi Reimbursement of subsidy costs jenis BBM tertentu for certain BBM products for tahun berjalan Catatan 27 16,795,944 18,756,863 current year Note 27 Correction from BPK Koreksi BPK atas for reimbursement penggantian biaya subsidi of subsidy costs jenis BBM tertentu tahun for certain BBM products 2012 Catatan 27 26,061 - for year 2012 Note 27 Correction from BPK Koreksi BPK atas for reimbursements penggantian biaya subsidi of subsidy costs jenis BBM tertentu tahun for certain BBM products 2011 Catatan 27 - 7,758 for year 2011 Note 27 Dikurangi: Less: Penerimaan tunai 15,413,327 17,135,995 Cash received Kerugian selisih kurs 735,745 267,878 Foreign exchange loss Saldo akhir 2,757,919 2,084,986 Ending balance Koreksi atas perhitungan tagihan penggantian biaya subsidi BBM dilakukan berdasarkan hasil audit dari BPK dan dicatat pada periode dimana audit diselesaikan. Corrections on billings for subsidy cost reimbursements are based on BPK’s Audit Report and recorded in the period in which the audit was completed.