Estimation ARA Perhutani 2012 LOW

PERUM PERHUTANI DAN ENTITAS ANAK PERUM PERHUTANI AND SUBSIDIARIES CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN Lanjutan NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS Continued Untuk tahun yang berakhir pada Tanggal 31 desember 2012 2011, dan 2010 For Years Ended December 31, 2012, 2011 and 2010 Disajikan dalam Rupiah penuh, kecuali dinyatakan lain Expressed in Rupiah, unless otherwise stated 48

4. PIUTANG USAHA Lanjutan

4. TRADE RECEIVABLES Continued

2 0 1 2 2 0 1 1 2 0 1 0 Rp Rp Rp Pihak Berelasi: Related Parties Account Receivable Piutang Usaha Dalam Negeri: Domrstic Account Receivable: Kantor Penyelesaian Piutang Lelang Negara 6.557.243.000 12.305.830.000 11.508.681.953 Office Auction Settlement Receivables Primkopkar 1.475.355.450 2.284.575.925 1.754.150.000 Primkopkar Piutang usaha entitas anak 5.766.289.852 4.752.997.128 - Subsidiaries account receivable Jumlah 13.798.888.302 19.343.403.053 13.262.831.953 Total Piutang Dalam Rangka RUPHR: RUPHR Account Receivable: Piutang RUPHR Satgas 9.021.781.369 9.021.781.369 27.379.452.197 RUPHR Satgas Account Receivable Harun 3.988.243.057 - - Harun CV. Wahyu Langgeng Abadi 3.849.215.591 3.870.555.591 - CV. Wahyu Langgeng Abadi CV Jati Makmur 2.864.622.653 - 948.622.653 CV Jati Makmur ABC Wood Product LLC 1.059.669.090 ABC Wood Product LLC CV Intan perkasa Dua 966.250.000 - - CV Intan perkasa Dua Bygtama AB 840.861.250 874.289.476 331.195.878 Bygtama AB Pan Africa Resources Pte Ltd 819.689.220 329.908.500 - Pan Africa Resources Pte Ltd Dadang Eka Lesmana 666.479.000 - - Dadang Eka Lesmana Timber Management Gatan 616.917.993 647.001.400 1.077.342.573 Timber Management Gatan CV Griya Rattan 603.569.601 - - CV Griya Rattan H. Fadhilah 559.000.000 - - H. Fadhilah CV Langgeng Group 540.000.000 - - CV Langgeng Group Partawood Nganjuk 521.304.064 793.100.000 2.845.979.747 Partawood Nganjuk Hendri 487.000.000 - - Hendri Wahana Krida Belia 475.000.000 - - Wahana Krida Belia Saripudin 433.565.374 507.297.331 - Saripudin Dong Myung 418.492.260 - - Dong Myung Pomerian Timber S.A. 416.301.570 - - Pomerian Timber S.A. CV Suyono 408.643.000 - - CV Suyono Timexindo Co Ltd 402.673.770 402.673.770 - Timexindo Co Ltd Hangil Trading Co.Ltd 389.049.750 - - Hangil Trading Co.Ltd Asep Kuswanda 346.878.922 358.878.922 - Asep Kuswanda Waslim 343.237.132 - - Waslim Tata Enterprises 302.728.320 302.728.320 - Tata Enterprises CV. Wahyu Pasuruan 301.091.640 310.673.618 - CV. Wahyu Pasuruan PT.Gerbang Surya Permai Gsp 126.265.326 370.535.787 - PT.Gerbang Surya Permai Gsp Sam San Industry, Co 17.461.724 302.501.340 - Sam San Industry, Co Tuindeco International B.V. 4.544.527 1.169.097.554 - Tuindeco International B.V. CV Pilar Mas KBM Agro - 773.622.653 - CV Pilar Mas KBM Agro UD Artha Buana Cemerlang - 3.988.243.057 - UD Artha Buana Cemerlang Yudi Iskandar - 2.928.279.000 - Yudi Iskandar Dudi Rudiatna Ir,MM - 810.000.000 - Dudi Rudiatna Ir,MM Wahana Krida Belia Jombang - 475.000.000 - Wahana Krida Belia Jombang Agus Ruhiyana - 352.248.449 - Agus Ruhiyana Edih Jayawiguna - 350.000.000 - Edih Jayawiguna Print to PDF without this message by purchasing novaPDF http:www.novapdf.com PERUM PERHUTANI DAN ENTITAS ANAK PERUM PERHUTANI AND SUBSIDIARIES CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN Lanjutan NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS Continued Untuk tahun yang berakhir pada Tanggal 31 desember 2012 2011, dan 2010 For Years Ended December 31, 2012, 2011 and 2010 Disajikan dalam Rupiah penuh, kecuali dinyatakan lain Expressed in Rupiah, unless otherwise stated 49

4. PIUTANG USAHA Lanjutan

4. TRADE RECEIVABLES Continued

2 0 1 2 2 0 1 1 2 0 1 0 Rp Rp Rp PT. Sinar Jaya Agro - 307.065.000 - PT. Sinar Jaya Agro CV Bangkit - - 2.250.000.000 CV Bangkit SF Recources Marketing, Cina - - 1.065.442.844 SF Recources Marketing, Cina Taicung, Taiwan - - 1.012.523.534 Taicung, Taiwan STCO Incheon Korea - - 664.174.537 STCO Incheon Korea Profelco Hout Eroplan - - 413.085.030 Profelco Hout Eroplan Korea Eonsung - - 438.104.076 Korea Eonsung Taikam E. CO Hongkong - - 329.374.366 Taikam E. CO Hongkong Huen Jeng Trading - - 327.741.521 Huen Jeng Trading RUPHR dibawah Rp300.000.000 5.193.231.944 4.240.926.461 4.460.091.444 RUPHR less than Rp 300,000,000 Jumlah Piutang Dalam Rangka RUPHR 36.983.768.147 33.486.407.598 43.543.130.400 Total RUPHR Account Receivables Jumlah Piutang Pihak Berelasi 50.782.656.449 52.829.810.651 56.805.962.353 Total Related Parties Account Receivable Jumlah Piutang Usaha 219.090.444.724 219.364.740.322 191.669.209.753 Total Account Receivables Penurunan nilai aset 39.955.453.655 25.611.749.278 14.101.686.618 Assets Impairment Jumlah Piutang usaha bersih 179.134.991.069 193.752.991.044 177.567.523.135 Total Net-Account Receivables Mutasi Penurunan Nilai Piutang Account Receivable Impairment Mutation 2 0 1 2 2 0 1 1 2 0 1 0 Rp Rp Rp Saldo Awal 25.611.749.278 14.101.686.618 15.031.095.407 Beginning Balance Penambahan Pengurangan 14.343.704.377 11.510.062.660 929.408.789 Increase Decrease Saldo Akhir 39.955.453.655 25.611.749.278 14.101.686.618 Ending Balance Piutang kepada Kantor Penyelesaian Piutang Lelang Negara terjadi dari penjualan lelang kepada pihak ketiga yang diselenggarakan Kantor Penyelesaian Piutang Lelang Negara KPPLN. Piutang kepada pelaksana dalam rangka RUPHR adalah piutang kepada para pelaksana penanggung jawab transaksi RUPHR yang berada di KPH-KPH. Berdasarkan hasil penelaahan keadaan akun piutang masing-masing pelanggan pada akhir tahun, manajemen Perusahaan dan Entitas anak berkeyakinan bahwa penurunan nilai aset telah memadai untuk menutup kemungkinan kerugian atas tidak tertagihnya piutang usaha. Office Auction Settlement Accounts Receivable occurs from auction sales to third parties who held office Auction Settlement Receivables KPPLN. RUPHR Account Receivables is implementing in order to claim the executive in charge of its transactions RUPHR- KPH-KPH. Based on the review of the state of the individual receivable accounts at the end of the year, the Company and the Company believes that the subsidiariess impairment is sufficient to cover possible losses from uncollectible accounts. Print to PDF without this message by purchasing novaPDF http:www.novapdf.com PERUM PERHUTANI DAN ENTITAS ANAK PERUM PERHUTANI AND SUBSIDIARIES CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN Lanjutan NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS Continued Untuk tahun yang berakhir pada Tanggal 31 desember 2012 2011, dan 2010 For Years Ended December 31, 2012, 2011 and 2010 Disajikan dalam Rupiah penuh, kecuali dinyatakan lain Expressed in Rupiah, unless otherwise stated 50

5. PERSEDIAAN

5. INVENTORIES

2 0 1 2 2 0 1 1 2 0 1 0 Rp Rp Rp Persediaan hasil hutan Crops Inventory Ekstraktif Extractive Kayu Tebangan 129.840.855.921 197.811.179.059 197.266.847.737 Wood cut Non Kayu Non timber Getah pinus 12.003.807.932 5.054.569.726 6.592.489.157 Pine resin Madu perlebahan 6.967.272.581 6.425.454.262 4.212.412.532 Honey bee Getah dammar 223.069.127 692.661.585 1.437.058.682 Gum resins Produksi sutra slam PSA - 504.032.148 Production of silk slam PSA Telur dan kokon sutera 89.203.431 94.762.170 12.600.000 Egg and cocoon silk Kopi 290.212.500 64.663.017 - Coffee Lainnya 1.225.932.439 493.663.891 619.423.121 Other 20.799.498.010 12.825.774.651 13.378.015.640 150.640.353.931 210.636.953.710 210.644.863.377 Yang masih diolah: In process: Kayu Wood Kayu gergajian dan afval 37.671.715.316 52.772.898.358 27.918.120.011 Sawn timber and afval Barang jadi 63.125.929.048 21.119.308.508 18.712.603.697 Finished goods 100.797.644.364 73.892.206.866 46.630.723.708 Non kayu Gondorukem dan terpentin 208.133.210.012 201.711.617.128 17.932.663.475 Non timber Minyak kayu putih 115.516.754 70.795.022 233.335.482 Gondorukem and turpentine Benang Sutera 129.334.041 163.128.861 - Eucalyptus oil Minyak nilam 77.881.852 - 164.134 Silk Lainnya 207.221.093 - 25.426.848 Patchouli oil 208.663.163.752 201.945.541.011 18.191.589.939 Other 309.460.808.116 275.837.747.877 64.822.313.647 Jumlah persediaan 460.101.162.047 486.474.701.587 275.467.177.024 Total inventories Penyisihan persediaan - - - Allowance for slow moving inventory 460.101.162.047 486.474.701.587 275.467.177.024 Persediaan kayu Gergajian 70.864.647.670 67.202.958.342 70.722.747.362 Sawn timber supplies Jumlah persediaan hasil hutan 530.965.809.717 553.677.659.929 346.189.924.386 Total crop inventories Bibit dalam pengembangan - - 2.921.661.325 Seeds in development Perlengkapan Kerja: Fuels and chemicals Bahan bakar dan bahan kimia 314.155.350 416.829.254 2.551.747.478 Fuels and chemicals Kaleng gondorukem dan drum terpentin - - 585.212.618 Gondorukem turpentine cans and drums Perlengkapan kegiatan tanaman dan sadapan 10.244.655 2.604.849.609 484.016.837 Plant and equipment activities leads Suku cadang mesin dan kendaraan bermotor 210.677.440 187.956.109 39.894.363 Spare parts for machinery and motor vehicles Persediaan sarana dan prasarana 2.488.662.758 92.154.124 1.763.350 Inventory of facilities and infrastructure Lainnya perlengkapan kerja 5.671.324.930 9.767.661.777 5.884.722.595 Other work equipment 8.695.065.133 13.069.450.873 9.547.357.241 Jumlah 539.660.874.850 566.747.110.802 358.658.942.952 Total Print to PDF without this message by purchasing novaPDF http:www.novapdf.com PERUM PERHUTANI DAN ENTITAS ANAK PERUM PERHUTANI AND SUBSIDIARIES CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN Lanjutan NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS Continued Untuk tahun yang berakhir pada Tanggal 31 desember 2012 2011, dan 2010 For Years Ended December 31, 2012, 2011 and 2010 Disajikan dalam Rupiah penuh, kecuali dinyatakan lain Expressed in Rupiah, unless otherwise stated 51

5. PERSEDIAAN Lanjutan

5. INVENTORIES Continued

Persediaan kayu gergajian pada tanggal 31 Desember 2012, 2011, 2010 sebesar Rp 51.464.848.991, Rp 56.547.952.855, dan Rp 37.671.715.316 merupakan persediaan dari aktivitas Direktorat Rehabilitasi dan Usaha Pengembangan Hutan Rakyat RUPHR yang dibentuk sesuai dengan SK Dir No.060KptsDir2010 tanggal 1 Pebruari 2010. Selama tahun 2012 dan 2011, persediaan Perusahaan tidak diasuransikan namun, pada tahun 2010 persediaan Perusahaan terutama gondorukem dan terpentin telah diasuransikan terhadap risiko kebakaran, bencana alam, kecelakaan dan pencurian dengan jumlah pertanggungan masing-masing sebesar Rp 19.524.979.500 melalui PT Fadent Mahkota Sahid. Manajemen berkeyakinan bahwa jumlah pertanggungan asuransi ini cukup memadai untuk menutup kemungkinan kerugian atas persediaan yang dipertanggungkan. Sawn timber inventory on December 31, 2012, 2011, 2010 amounted to Rp 51,464,848,991, Rp 56,547,952,855, and Rp 37,671,715,316 an inventory of activities of the Directorate of Rehabilitation and Enterprise Development Forestry RUPHR established pursuant to Decree No. Dir. 060KptsDir2010 February 1, 2010. During 2012 and 2011, the Companys inventories are not insured yet, in 2010 the Companys inventories primarily gondorukem and turpentine are insured against fire, natural disasters, accidents and theft with a total coverage amounting to Rp 19,524,979,500 through PT Fadent Mahkota Sahid. Management believes that the insurance coverage is adequate to cover possible losses on inventories are insured.

6. UANG MUKA DIBAYAR

6. ADVANCE PAYMENT

2 0 1 2 2 0 1 1 2 0 1 0 Rp Rp Rp Uang muka pegawai 22.589.117.313 26.284.690.971 10.027.593.939 Employee advances Uang muka kepada pihak ketiga 4.378.327.689 7.629.168.620 12.963.526.224 Third parties advances Uang muka perawatan rumah sakit 968.866.448 937.343.227 633.578.554 Hospital advances Jumlah 27.936.311.450 34.851.202.818 23.624.698.717 Total Uang muka pegawai merupakan uang muka yang diperuntukan operasional dan pembayaran gaji pegawai lapangan bulan berikutnya. Employe advance is designated operational advances and payment of field staff salaries next month.

7. BIAYA DIBAYAR DI MUKA

7. PREPAID EXPENSES

2 0 1 2 2 0 1 1 2 0 1 0 Rp Rp Rp Biaya persiapan produksi 5.463.541.956 4.771.318.308 3.891.823.065 Production preparation expenses Biaya persiapan penanaman 1.739.415.237 3.354.252.340 3.769.187.282 Planting preparation expenses Sewa 805.062.545 1.034.982.264 859.428.483 Rent Asuransi 982.427.122 645.204.599 599.876.745 Insurance Lainnya 936.940.363 1.292.255.525 298.955.263 Other Jumlah 9.927.387.223 11.098.013.036 9.419.270.838 Total Biaya persiapan produksi Biaya persiapan produksi sebagian besar meliputi biaya kegiatan persiapan tebangan atau cruising tebangan periode Januari tahun berikutnya, meliputi perhitungan jumlah pohon yang siap untuk ditebang dan menandai atau memilih pohon-pohon yang akan ditebang, perijinan ke PEMDA setempat, karyawan, peralatan dan perlengkapan untuk melakukan penebangan. Production preparation expenses Most production preparation expenses include the cost of preparatory felling or cutting cruising from January next year, including the calculation of the number of trees that are ready for harvest and marking or selecting trees to be felled, permission to local authorities, employees, equipment and supplies to do the logging . Print to PDF without this message by purchasing novaPDF http:www.novapdf.com PERUM PERHUTANI DAN ENTITAS ANAK PERUM PERHUTANI AND SUBSIDIARIES CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN Lanjutan NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS Continued Untuk tahun yang berakhir pada Tanggal 31 desember 2012 2011, dan 2010 For Years Ended December 31, 2012, 2011 and 2010 Disajikan dalam Rupiah penuh, kecuali dinyatakan lain Expressed in Rupiah, unless otherwise stated 52

7. BIAYA DIBAYAR DI MUKA

7. PREPAID EXPENSES

Biaya persiapan penanaman Biaya persiapan penanaman merupakan pengadaan kompos, pupuk, kantong plastik tanaman, dan tanaman crass program untuk proses penanaman tahun berikutnya. Sewa Sewa merupakan sewa rumah selama 2 dua tahun sekaligus dimuka oleh Perusahaan kepada karyawan sesuai dengan SK Direksi Nomor 697KptsDir2006 tanggal 27 Pebruari 2006. Asuransi Asuransi merupakan pembayaran premi asuransi yang jatuh tempo di tahun berikutnya. Planting preparation expenses Preparation of a procurement cost of planting compost, fertilizer, plastic plants, and plants crass planting program for the following year. Rent Rent is rent house for 2 two years at a time in advance by the Company to employees in accordance with Decree No. 697KptsDir2006 Directors dated 27 February 2006. Insurance Insurance is an insurance premium payment due in the next year.

8. PERPAJAKAN

8. TAXATION

a. Pajak dibayar dimuka a. Prepaid Tax 2 0 1 2 2 0 1 1 2 0 1 0 Rp Rp Rp Perusahaan: The Company: Pajak Penghasilan: Income Tax: Pasal 22 - - 114.001.812 Article 22 PPn masukan 37.280.990.848 3.437.632.776 40.436.962.050 Value added tax-in 37.280.990.848 3.437.632.776 40.550.963.862 Tafsiran tagihan pajak penghasilan Estimated income tax Perusahaan: Parents: PPh badan lebih bayar- PPh 25 Overpayment corporate income tax article 25 2012 44.002.860.084 - - 2012 2011 46.475.704.201 46.475.704.201 - 2011 90.478.564.285 46.475.704.201 - 127.759.555.133 49.913.336.977 40.550.963.862 Entitas anak: Subsidiaries Pajak Penghasilan: Income tax: Pasal 21 - - 750.378 Article 21 Pasal 22 891.440 - 501.050 Article 22 Pasal 23 - 339.370.409 147.270.220 Article 23 Pasal 4 ayat 2 - - 8.000.000 Article 4 : 2 PPn masukan - 564.719.259 3.597.029.987 Value added tax-in 891.440 904.089.668 3.753.551.635 Jumlah 127.760.446.573 50.817.426.645 44.304.515.497 Total Print to PDF without this message by purchasing novaPDF http:www.novapdf.com PERUM PERHUTANI DAN ENTITAS ANAK PERUM PERHUTANI AND SUBSIDIARIES CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN Lanjutan NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS Continued Untuk tahun yang berakhir pada Tanggal 31 desember 2012 2011, dan 2010 For Years Ended December 31, 2012, 2011 and 2010 Disajikan dalam Rupiah penuh, kecuali dinyatakan lain Expressed in Rupiah, unless otherwise stated 53

8. PERPAJAKAN Lanjutan

8. TAXATIONContinued

b. Utang Pajak b. Tax Payable 2 0 1 2 2 0 1 1 2 0 1 0 Rp Rp Rp Perusahaan: The Company: Pajak penghasilan: Income tax: Pasal 4 ayat 2 977.706.833 - - Article 4 : 2 Pasal 21 3.961.527.805 6.125.465.742 2.114.197.968 Article 21 Pasal 22 8.063.654 23.039.490 - Article 22 Pasal 23 1.365.915.844 1.131.621.332 1.052.792.121 Article 23 Pasal 25 9.000.290.162 8.412.041.008 2.636.554.258 Article 25 Pasal 29 - - 9.416.838.704 Article 29 Pajak Pertambahan Nilai 31.481.142.151 2.875.382.177 30.072.773.393 Value added tax Pajak Penghasilan Lainnya 33.329.951 115.631.184 7.565.000 Other income tax 46.827.976.400 18.683.180.933 45.300.721.444 Entitas anak: Subsidiaries: Pajak penghasilan: Income tax: Pasal 4 ayat 2 - 45.749.995 45.749.995 Article 4 : 2 Pasal 21 468.714 137.828.008 1.602.528.142 Article 21 Pasal 23 - 1.650.530 78.558.504 Article 23 Pasal 29 58.006.469 - - Article 29 Pajak Pertambahan Nilai 1.982.248.544 1.587.418.795 896.000.137 Value added tax Pajak lainnya 98.324.649 286.581.451 98.324.649 Other income tax 2.139.048.376 2.059.228.779 2.721.161.427 Jumlah 48.967.024.776 20.742.409.712 48.021.882.871 Total c. Manfaat Beban Pajak Penghasilan c. Income Tax Benefit Expenses 2 0 1 2 2 0 1 1 2 0 1 0 Rp Rp Rp Pajak kini Current Tax Perusahaan 64.019.062.500 54.517.112.750 41.057.451.750 The Company Entitas anak 151.318.676 - - Subsidiaries 64.170.381.176 54.517.112.750 41.057.451.750 Manfaat Beban Pajak tangguhan Deferred income tax benefit expenses Perusahaan 879.768.346 18.171.216.310 8.440.588.108 The company Entitas anak 1.803.917.275 1.553.549.980 190.132.058 Subsidiaries 2.683.685.621 19.724.766.290 8.630.720.166 Jumlah 66.854.066.797 34.792.346.460 49.688.171.916 Total d. Perhitungan pajak penghasilan badan Entitas Induk d. Parent’s income tax computation 2 0 1 2 2 0 1 1 2 0 1 0 Rp Rp Rp Laba Sebelum Pajak – Konsolidasian 263.921.769.168 183.129.473.061 205.741.318.964 Consolidated income before income tax RugiLaba Sebelum Pajak – Entitas anak dan Eliminasi 13.987.723.360 2.967.931.726 198.535.098 Loss Profit before tax – subsidiaries and elimination Laba Sebelum Pajak – Perusahaan 277.909.492.528 186.097.404.787 205.542.783.866 Income before income tax - company Print to PDF without this message by purchasing novaPDF http:www.novapdf.com PERUM PERHUTANI DAN ENTITAS ANAK PERUM PERHUTANI AND SUBSIDIARIES CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN Lanjutan NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS Continued Untuk tahun yang berakhir pada Tanggal 31 desember 2012 2011, dan 2010 For Years Ended December 31, 2012, 2011 and 2010 Disajikan dalam Rupiah penuh, kecuali dinyatakan lain Expressed in Rupiah, unless otherwise stated 54

8. PERPAJAKAN Lanjutan

8. TAXATIONContinued

d. Perhitungan pajak penghasilan badan Entitas Induk d. Parent’s income tax computation 2 0 1 2 2 0 1 1 2 0 1 0 Rp Rp Rp Beda Temporer: Temporary Differences: Beban penyisihan piutang usaha 13.654.818.661 12.215.861.123 1.004.216.324 Allowance for account receivable Beban penyisihan piutang TGR 93.717.900 1.274.095.975 62.139.472 Allowance for TGR account receivable Beban penyisihan penurunan aset tidak lancar lainnya - - 268.323.199 Other non current assets impairement expense Beban penyusutan aset tetap 103.511.007 1.756.251.874 1.416.049.090 Fixed assets depreciation expense Cadangan bonus karyawan dan tantiem direksi 2.671.525.455 29.016.009.320 23.052.011.038 Reserves employee and directors bonuses Beban penyisihan liabilitas pasca kerja 13.970.465.634 28.422.646.970 7.959.613.309 Allowance for employee benefit liabilities Jumlah 2.346.085.375 72.684.865.262 33.762.352.432 Total Beda Tetap: Permanent Differences: Biaya yang tidak boleh dikurangkan 18.073.924.180 18.171.123.436 25.332.789.340 Non-deductible expense Bagian atas laba entitas anak dan asosiasi - 2.650.247.164 111.363.817 Earning from subsidiaries and associates Penerimaan jasa giro dan bunga Deposito 39.392.882.242 40.928.749.220 25.030.114.981 Deposits and interest income Pendapatan yang telah dikenakan pajak final 2.860.369.726 4.542.882.790 2.192.172.492 Income subject to final tax Investasi tanaman 10.763.062.992 5.772.489.608 Plant investment Jumlah 24.179.327.788 40.713.818.730 7.550.623.924 Total Taksiran Laba Fiskal 256.076.250.115 218.068.451.319 164.229.807.519 Fiscal tax estimation Dibulatkan 256.076.250.000 218.068.451.000 164.229.807.000 Rounded Beban Pajak Kini - Perusahaan 64.019.062.500 54.517.112.750 41.057.451.750 Current tax - employee 2 0 1 2 2 0 1 1 2 0 1 0 Rp Rp Rp Kredit Pajak : Tax Refund: Pajak Penghasilan Income Tax Pasal 22 - 927.000 140.400 Article 22 Pasal 23 20.600.640 47.397.855 1.821.550 Article 23 Pasal 25 108.001.321.944 100.944.492.096 31.638.651.096 Article 25 Kurang Lebih Bayar Pajak Penghasilan 108.021.922.584 100.992.816.951 31.640.613.046 Less More Income Tax Payment Badan – Perusahaan 44.002.860.084 46.475.704.201 9.416.838.704 The Company Print to PDF without this message by purchasing novaPDF http:www.novapdf.com PERUM PERHUTANI DAN ENTITAS ANAK PERUM PERHUTANI AND SUBSIDIARIES CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN Lanjutan NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS Continued Untuk tahun yang berakhir pada Tanggal 31 desember 2012 2011, dan 2010 For Years Ended December 31, 2012, 2011 and 2010 Disajikan dalam Rupiah penuh, kecuali dinyatakan lain Expressed in Rupiah, unless otherwise stated 55

8. PERPAJAKAN Lanjutan

8. TAXATIONContinued

e. Pajak Tangguhan e. Deferred Tax Aset Libilitas Pajak Tangguhan Tahun 2012 Deferred Tax Assets Liabilities Year 2012 2 0 1 1 Laba rugi Profit loss 2 0 1 2 Rp Rp Rp Perusahaan Company Penyisihan piutang usaha 7.491.039.861 3.413.704.665 10.904.744.526 Allowance for account receivables Penyisihan piutang TGR 1.778.291.434 23.429.475 1.801.720.909 Allowance for TGR account receivables Penerimaan piutang macet 37.604.410 - 37.604.410 Allowance for bad debt account Penyisihan pinjaman karyawan 2.950.000 - 2.950.000 Allownce for employee receivables Penyusutan aset tetap 10.776.715.710 25.877.752 10.750.837.958 Fixed assets depreciation Penyisihan penurunan aset tidak lancar lainnya 7.172.923.751 - 7.172.923.751 Non current assets impairment expense Cadangan bonus 17.257.593.291 667.881.364 17.925.474.655 Bonus reserve Penyisihan persediaan 380.365.160 - 380.365.160 Allowance for slow moving inventories Penyisihan liabilitas pasca kerja 29.934.587.885 4.958.906.098 24.975.681.787 Allowance for employee benefit liabilities 74.756.862.682 879.768.346 73.877.094.336 Subsidiaries Entitas anak Deferred tax assets Aset pajak tangguhan 3.877.055.571 1.803.917.276 2.073.138.295 PAK differences Selisih PAK - - - 78.633.918.253 2.683.685.621 75.950.232.631 Aset Libilitas Pajak Tangguhan Tahun 2011 Deferred Tax Assets Liabilities Year 2011 2 0 1 0 Laba rugi Profit loss 2 0 1 1 Rp Rp Rp Perusahaan Company Penyisihan piutang usaha 4.437.074.586 3.053.965.275 7.491.039.861 Allowance for account receivables Penyisihan piutang TGR 1.459.767.440 318.523.994 1.778.291.434 Allowance for TGR account receivables Penerimaan piutang macet 37.604.410 - 37.604.410 Allowance for bad debt account Penyisihan pinjaman karyawan 2.950.000 - 2.950.000 Allownce for employee receivables Penyusutan aset tetap 10.337.652.742 439.062.968 10.776.715.710 Fixed assets depreciation Penyisihan penurunan aset tidak lancar lainnya 7.172.923.751 - 7.172.923.751 Non current assets impairment expense Penyisihan persediaan 380.365.160 - 380.365.160 Allowance for slow moving inventories Cadangan bonus 10.003.590.961 7.254.002.330 17.257.593.291 Bonus reserve Penyisihan liabilitas pasca kerja 22.828.926.142 7.105.661.743 29.934.587.885 Allowance for employee benefit liabilities 56.585.646.372 18.171.216.310 74.756.862.682 Subsidiaries Entitas anak Deferred tax assets Aset pajak tangguhan 3.762.202.001 114.853.570 3.877.055.571 PAK differences Selisih PAK - 1.438.696.410 - 60.347.848.373 19.724.766.290 78.633.918.253 Print to PDF without this message by purchasing novaPDF http:www.novapdf.com PERUM PERHUTANI DAN ENTITAS ANAK PERUM PERHUTANI AND SUBSIDIARIES CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN Lanjutan NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS Continued Untuk tahun yang berakhir pada Tanggal 31 desember 2012 2011, dan 2010 For Years Ended December 31, 2012, 2011 and 2010 Disajikan dalam Rupiah penuh, kecuali dinyatakan lain Expressed in Rupiah, unless otherwise stated 56

8. PERPAJAKAN Lanjutan

8. TAXATIONContinued

e. Pajak Tangguhan Lanjutan e. Deferred Tax Continued Aset Libilitas Pajak Tangguhan Tahun 2010 Deferred Tax Assets Liabilities Year 2010 2 0 0 9 Laba rugi Profit loss 2 0 1 0 Rp Rp Rp Perusahaan Company Penyisihan piutang usaha 4.688.128.667 251.054.081 4.437.074.586 Allowance for account receivables Penyisihan piutang TGR 1.475.302.307 15.534.868 1.459.767.440 Allowance for TGR account receivables Penerimaan piutang macet 37.604.410 - 37.604.410 Allowance for bad debt account Penyisihan pinjaman karyawan 2.950.000 - 2.950.000 Allownce for employee receivables Penyusutan aset tetap 10.691.665.013 354.012.272 10.337.652.742 Fixed assets depreciation Penyisihan penurunan aset tidak lancar lainnya 7.240.004.550 67.080.800 7.172.923.751 Non current assets impairment expense Penyisihan persediaan 380.365.160 - 380.365.160 Allowance for slow moving inventories Cadangan bonus 15.766.593.721 5.763.002.760 10.003.590.961 Bonus reserve Penyisihan liabilitas pasca kerja 24.818.829.469 1.989.903.327 22.828.926.142 Allowance for employee benefit liabilities 65.026.234.477 8.440.588.108 56.585.646.372 Subsidiaries Entitas anak Deferred tax assets Aset pajak tangguhan 3.952.334.059 190.132.058 3.762.202.001 PAK differences Selisih PAK - - - 68.978.568.536 8.630.720.166 60.347.848.373

9. ASET LANCAR LAINNYA

9. OTHER CURRENT ASSETS

2 0 1 2 2 0 1 1 2 0 1 0 Rp Rp Rp Piutang TGR 13.801.571.533 11.180.463.705 11.024.450.127 TGR account receivables Penyisihan kerugian piutang 6.205.404.013 6.111.686.113 4.855.410.565 Allowance for account recevables Piutang TGR bersih 7.596.167.520 5.068.777.592 6.169.039.562 Account receivables – Net Piutang klaim asuransi 18.603.341.139 - - Insurance receivable claim Pendapatan sewa yang masih harus diterima 14.807.763.309 5.744.925.115 2.710.921.280 Rent income receivables Piutang lain-lain 5.301.567.570 5.809.345.887 4.491.333.413 Other account receivables Pendapatan bunga dan jasa giro yang masih harus diterima 4.957.570.194 3.759.754.599 88.649.314 Interest income and current accounts receivable Piutang pegawai – bagian yang jatuh tempo dalam satu tahun 3.403.249.957 2.789.960.634 3.366.922.135 Due from employees - part of which is due within one year Perlengkapan kantor dibayar dimuka - - 62.130.949 Prepaid office supplies Jumlah 54.669.659.689 23.172.763.827 16.888.996.653 Total Print to PDF without this message by purchasing novaPDF http:www.novapdf.com PERUM PERHUTANI DAN ENTITAS ANAK PERUM PERHUTANI AND SUBSIDIARIES CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN Lanjutan NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS Continued Untuk tahun yang berakhir pada Tanggal 31 desember 2012 2011, dan 2010 For Years Ended December 31, 2012, 2011 and 2010 Disajikan dalam Rupiah penuh, kecuali dinyatakan lain Expressed in Rupiah, unless otherwise stated 57

9. ASET LANCAR LAINNYA Lanjutan

9. OTHER CURRENT ASSETS Continued

Piutang TGR Piutang Tuntutan Ganti Rugi TGR timbul akibat pembebanan yang terjadi akibat kesalahan yang dilakukan karyawan Perusahaan. Kebijakan manajemen atas penyelesaian ganti rugi ini baru mencakup pemotongan gaji karyawan bersangkutan sampai dengan memasuki usia pensiun. Belum ada kebijakan yang mengatur penyelesaian piutang TGR yang masih ada setelah itu. Oleh karena itu terhadap sisa piutang TGR yang belum diselesaikan sampai dengan memasuki usia pensiun dibebankan menjadi kerugian Perusahaan. Kerugian ini dicerminkan dalam pembentukan penyisihan piutang. TGR Receivables Indemnification Claims Receivable TGR arising from the imposition caused by mistakes made by employees of the Company. Management policy on the settlement of this new compensation includes payroll deductions related to retirement. There is no policy governing the settlement of receivables SE is still there after that. Therefore, the residual receivables SE unresolved until retirement losses charged to the Company. This loss is reflected in the allowance for accounts receivable. Piutang klaim asuransi Piutang klaim asuransi merupakan klaim kepada PT Asuransi Parolamas terkait dengan kebakaran yang terjadi pada PT PAK, entitas anak. Lihat Catatan 33. Insurance claim receivables Due from insurance claim is a claim to the insurance Parolamas PT-related fires PT PAK, subsidiaries. See Note 33. Mutasi penyisihan piutang adalah sebagai berikut: Movements of allowance for doubtful accounts is as follows: 2 0 1 2 2 0 1 1 2 0 1 0 Rp Rp Rp Saldo awal 6.111.686.113 4.855.410.565 4.917.550.037 Beginning balance Penyisihan yang dibentuk pemulihan 93.717.900 1.256.275.548 62.139.472 Allowance for doubtful accounts Saldo akhir 6.205.404.013 6.111.686.113 4.855.410.565 Ending balance Merupakan pinjaman karyawan Perusahaan untuk pembelian kendaraan bermotor dan pembayaran uang muka kredit pemilikan rumah yang jatuh tempo dalam waktu satu tahun, bagian yang belum jatuh tempo disajikan sebagai piutang pegawai: It is the Companys loans to employees for purchase of motor vehicles and the down payment mortgages maturing within one year, part of which has not been presented as a receivable due the employee: 2 0 1 2 2 0 1 1 2 0 1 0 Rp Rp Rp Piutang pegawai 9.920.586.125 8.757.273.138 10.098.920.651 Employee account receivable Bagian yang jatuh tempo dalam satu tahun 3.403.249.957 2.789.960.634 3.366.922.135 Part due within one year Bagian yang jatuh tempo lebih dari satu tahun Catatan 13 6.517.336.168 5.967.312.504 6.731.998.516 Part due more thatn one year Notes 13 Print to PDF without this message by purchasing novaPDF http:www.novapdf.com PERUM PERHUTANI DAN ENTITAS ANAK PERUM PERHUTANI AND SUBSIDIARIES CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN Lanjutan NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS Continued Untuk tahun yang berakhir pada Tanggal 31 desember 2012 2011, dan 2010 For Years Ended December 31, 2012, 2011 and 2010 Disajikan dalam Rupiah penuh, kecuali dinyatakan lain Expressed in Rupiah, unless otherwise stated 58

9. ASET LANCAR LAINNYA Lanjutan

9. OTHER CURRENT ASSETS Continued

Merupakan pinjaman karyawan dengan jatuh tempo lebih dari setahun untuk pembelian kendaraan bermotor dan pembayaran uang muka KPR BTN, sesuai dengan SK No. 406KptsDir2003, tanggal 25 Juli 2003 tentang Program Perumahan Pegawai Perum Perhutani, surat No. 88017.2UpDir tanggal 4 Maret 2004 tentang petunjuk pelaksanaan Program Perumahan Pegawai SK Direksi No. 406KptsDir2003, Surat Direksi No. 286017.2Dir tanggal 17 Mei 2006 perihal Alokasi An employee loans with maturities of more than a year for the purchase of motor vehicles and the down payment mortgage BTN, in accordance with Decree No. 406KptsDir2003, dated July 25, 2003 on Employee Housing Program Perum Perhutani, letter No.. 88017.2UpDir dated March 4, 2004 on Employee Housing Program guidelines Decree No. Directors. 406KptsDir2003, Letter No. Directors. 286017.2Dir dated May 17, 2006 regarding the allocation Housing Loans Kredit Perumahan Tahun 2006, Surat Direksi No. 378017.2UpDir tanggal 28 November 2007 tentang Alokasi Kredit Perumahan Tahun 2007. Pinjaman tersebut sebagian dikenakan bunga dan sebagian tidak. Pembayaran dilakukan dengan pemotongan gaji tunjangan pegawai yang bersangkutan setiap bulan dengan jangka waktu maksimal 5 tahun. Jumlah cicilan yang jatuh tempo kurang dari setahun disajikan sebagai bagian dari aset lancar lainnya. In 2006, the Board of Directors Letter No.. 378017.2UpDir dated 28 November 2007 on the allocation of 2007 Housing Credit. The loan bears interest portion and some do not. Payments made by payroll deductions allowances concerned employee every month with a maximum term of 5 years. The number of installments with maturities of less than one year are presented as part of other current assets.

10. TANAMAN BELUM MENGHASILKAN

10. IMMATURE PLANTATION

2 0 1 2 2 0 1 1 2 0 1 0 Rp Rp Rp Tanaman karet 2.848.821.309 - - Rubber plant Jumlah 2.848.821.309 - - Total Merupakan biaya yang dikeluarkan untuk tanaman karet yang rencana tanamnya seluas 573,18 Ha yang tersebar pada KPH Sumedang, Indramayu, dan Majalengka. Represents costs incurred for the plan rubber planted area of 573.18 ha which is spread on KPH Sumedang, Indramayu and Majalengka. Print to PDF without this message by purchasing novaPDF http:www.novapdf.com PERUM PERHUTANI DAN ENTITAS ANAK PERUM PERHUTANI AND SUBSIDIARIES CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN Lanjutan NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS Continued Untuk tahun yang berakhir pada Tanggal 31 desember 2012 2011, dan 2010 For Years Ended December 31, 2012, 2011 and 2010 Disajikan dalam Rupiah penuh, kecuali dinyatakan lain Expressed in Rupiah, unless otherwise stated 59

11. ASET TETAP

11. FIXED ASSETS

2 0 1 2 Keterangan Description Aset Milik Sendiri Self – Owned Assets Aset Sewa Guna Usaha Leased Assets Aset Dalam Penyelesaian Assets in Settlement Jumlah Total Tanah Land Bangunan Kantor Office Building Jalan Alur Tebangan Flow Cut Road Bengkel Instalasi Workshop Installation Emplasemen Kayu Wood Emplacement Mesin-Mesin Machine Kendaraan Bermotor Alat Berat Vehicle Heavy Equipment Peralatan Kantor Office Supplies Kendaraan Bermotor Alat Berat Vehicle Heavy Equipment Rp Rp Rp Rp Rp Rp Rp Rp Rp Rp Rp Jumlah tercatat bruto The gross carrying ammount Saldo 1 Jan 2012 Balance as of January 1, 2012 10.345.814.116 430.635.972.857 305.943.946.920 43.326.462.392 18.304.159.694 148.576.587.956 62.720.711.751 98.454.112.817 1.401.939.092 22.868.929.954 1.142.578.637.549 Penambahan Purchase 1.049.882.849 121.493.536.633 24.501.527.161 1.670.620.790 931.989.000 12.222.001.035 - 19.551.716.342 - 103.167.986.424 284.589.260.234 Pelepasan Acquisition 7.946.569.609 27.378.393.646 3.545.651.117 808.228.242 238.456.049 16.476.701.748 4.696.534.611 1.181.920.027 274.019.092 5.451.927.574 67.998.401.715 Reklasifikasi Reclassification - - - - - - - - -- - Saldo 31 Des 2012 Balance as of January 1, 2012 3.449.127.356 524.751.115.844 326.899.822.964 44.188.854.940 18.997.692.645 144.321.887.243 58.024.177.140 116.823.909.132 1.127.920.000 120.584.988.804 1.359.169.496.068 Akumulasi Penyusutan Accumulated Depreciation Saldo 1 Jan 2012 Balance as of 1 January 2012 - 211.704.906.977 240.965.067.727 39.622.371.317 16.109.693.394 105.158.734.541 59.968.662.304 82.446.504.567 356.108.211 - 756.332.049.038 Penambahan Purchase - 24.146.571.507 13.123.987.447 1.205.481.259 817.192.931 12.948.388.182 - 22.937.083.703 - - 75.178.705.029 Pelepasan Acquisition - 2.952.233.026 3.405.602.893 355.397.985 15.030.831 954.903.200 3.136.464.706 760.322.560 314.899.183 - 11.894.854.384 Reklasifikasi Reclassification - - - - - - - 8.055.000 8.055.000 - Saldo 31 Des 2012 Balcance as of December 31, 2012 - 232.899.245.458 250.683.452.281 40.472.454.591 16.911.855.494 117.152.219.523 56.832.197.598 104.631.320.710 33.154.028 - 819.615.899.683 Jumlah tercatat 31 Des 2012 The carrying ammount December 31, 2012 539.553.596.385 Print to PDF without this message by purchasing novaPDF http:www.novapdf.com PERUM PERHUTANI DAN ENTITAS ANAK PERUM PERHUTANI AND SUBSIDIARIES CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN Lanjutan NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS Continued Untuk tahun yang berakhir pada Tanggal 31 desember 2012 2011, dan 2010 For Years Ended December 31, 2012, 2011 and 2010 Disajikan dalam Rupiah penuh, kecuali dinyatakan lain Expressed in Rupiah, unless otherwise stated 60

11. ASET TETAP LANJUTAN

11. FIXED ASSETS CONTINUED

2 0 1 1 Keterangan Description Aset Milik Sendiri Self – Owned Assets Aset Sewa Guna Usaha Leased Assets Aset Dalam Penyelesaian Assets in Settlement Jumlah Total Tanah Land Bangunan Kantor Office Building Jalan Alur Tebangan Flow Cut Road Bengkel Instalasi Workshop Installation Emplasemen Kayu Wood Emplacement Mesin-Mesin Machine Kendaraan Bermotor Alat Berat Vehicle Heavy Equipment Peralatan Kantor Office Supplies Kendaraan Bermotor Alat Berat Vehicle Heavy Equipment Rp Rp Rp Rp Rp Rp Rp Rp Rp Rp Rp Jumlah tercatat bruto The gross carrying ammount Saldo 1 Jan 2011 Balance as of January 1, 2011 9.709.914.808 341.369.030.820 284.593.228.258 41.490.414.544 18.682.365.459 125.724.873.129 63.497.834.618 100.603.713.161 796.576.000 2.482.525.000 988.950.475.797 Penambahan Purchase - 89.902.841.345 21.350.718.662 1.836.047.848 378.205.765 22.851.714.827 455.675.825 2.285.944.340 741.707.088 20.386.404.954 154.860.960.444 Pelepasan Acquisition - - - - - - 1.232.798.692 - - - 1.232.798.692 Reklasifikasi Reclassification 635.899.308 635.899.308 - - - - - - - - Saldo 31 Des 2011 Balance as of January 1, 2011 10.345.814.116 430.635.972.857 305.943.946.920 43.326.462.392 18.304.159.694 148.576.587.956 62.720.711.751 98.317.768.821 1.538.283.088 22.868.929.954 1.142.578.637.549 Akumulasi Penyusutan Accumulated Depreciation Saldo 1 Jan 2011 Balance as of 1 January 2011 - 186.692.467.827 263.111.960.656 44.833.776.134 15.235.875.052 68.074.966.197 56.883.362.187 55.614.292.016 256.398.824 - 690.703.098.893 Penambahan Purchase - 25.012.439.151 22.146.892.929 5.211.404.817 873.818.342 37.083.768.344 4.318.098.791 26.824.157.551 107.764.387 - 66.861.748.820 Pelepasan Acquisition - - - - - - 1.232.798.674 - - - 1.232.798.674 Reklasifikasi Reclassification Saldo 31 Des 2011 Balcance as of December 31, 2011 - 211.704.906.978 240.965.067.727 39.622.371.317 16.109.693.394 105.158.734.541 59.968.662.304 82.438.449.567 364.163.211 - 756.332.049.039 Jumlah tercatat 31 Des 2011 The carrying ammount December 31, 2012 386.246.588.510 Print to PDF without this message by purchasing novaPDF http:www.novapdf.com PERUM PERHUTANI DAN ENTITAS ANAK PERUM PERHUTANI AND SUBSIDIARIES CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN Lanjutan NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS Continued Untuk tahun yang berakhir pada Tanggal 31 desember 2012 2011, dan 2010 For Years Ended December 31, 2012, 2011 and 2010 Disajikan dalam Rupiah penuh, kecuali dinyatakan lain Expressed in Rupiah, unless otherwise stated 61

11. ASET TETAP LANJUTAN

11. FIXED ASSETS CONTINUED

2 0 1 0 Keterangan Description Aset Milik Sendiri Self – Owned Assets Aset Sewa Guna Usaha Leased Assets Aset Dalam Penyelesaian Assets in Settlement Jumlah Total Tanah Land Bangunan Kantor Office Building Jalan Alur Tebangan Flow Cut Road Bengkel Instalasi Workshop Installation Emplasemen Kayu Wood Emplacement Mesin-Mesin Machine Kendaraan Bermotor Alat Berat Vehicle Heavy Equipment Peralatan Kantor Office Supplies Kendaraan Bermotor Alat Berat Vehicle Heavy Equipment Rp Rp Rp Rp Rp Rp Rp Rp Rp Rp Rp Saldo 1 Jan 2010 Balance as of January 1, 2010 9.709.914.808 314.811.477.816 273.888.976.106 41.148.100.616 18.267.713.307 105.693.611.091 61.737.341.621 90.518.423.373 796.576.000 1.435.593.900 918.007.728.638 Penambahan Purchase - 26.557.553.004 10.704.252.152 342.313.928 414.652.152 20.031.262.038 3.047.852.685 10.085.289.788 - 1.046.931.100 72.230.106.847 Reklasifikasi Reclassification - - - - - - 1.287.359.688 - - - 1.287.359.688 Saldo 31 Des 2010 Balance as if December 31, 2010 9.709.914.808 341.369.030.820 284.593.228.258 41.490.414.544 18.682.365.459 125.724.873.129 63.497.834.618 100.603.713.161 796.576.000 2.482.525.000 988.950.475.797 Akumulasi Penyusutan Accumulated Depreciation Saldo 1 Jan 2010 Balance as of January 1, 2010 - 173.622.064.393 225.147.524.805 37.049.449.104 15.846.689.693 77.364.154.666 58.594.623.417 69.092.077.844 159.001.832 - 656.875.585.754 Penambahan Purchase - 13.070.403.434 37.964.435.851 7.784.327.030 610.814.641 9.289.188.469 423.901.543 13.477.785.828 97.396.992 -3 5.114.872.826 Pelepasan Acquisition - - - - - - 1.287.359.687 - - - 1.287.359.687 Saldo 31 Des 2010 Balance as of 31 Decemeber, 2010 186.692.467.827 263.111.960.656 44.833.776.134 15.235.875.052 68.074.966.197 56.883.362.187 55.614.292.016 256.398.824 - 690.703.098.893 Jumlah tercatat 31 Des 2010 The carrying ammount December 31, 2010 298.247.376.904 Print to PDF without this message by purchasing novaPDF http:www.novapdf.com PERUM PERHUTANI DAN ENTITAS ANAK PERUM PERHUTANI AND SUBSIDIARIES CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN Lanjutan NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS Continued Untuk tahun yang berakhir pada Tanggal 31 desember 2012 2011, dan 2010 For Years Ended December 31, 2012, 2011 and 2010 Disajikan dalam Rupiah penuh, kecuali dinyatakan lain Expressed in Rupiah, unless otherwise stated 62

12. BIAYA DITANGGUHKAN

12. DEFERRED CHARGES

2 0 1 2 2 0 1 1 2 0 1 0 Rp Rp Rp Biaya rencana pengaturan kelestarian hutan 65.476.451.102 56.229.194.251 72.246.158.762 Cost of plant sustainability Biaya pemeliharaan hutan yang ditangguhkan 2.955.002.656 3.181.732.838 - Deferred forest maintenance cost Biaya pengurusan sertifikat tanah dan bangunan 644.150.000 644.150.000 10.954.000.000 Land and building certificates cost Biaya yang ditangguhkan PT Palawi - 3.141.731.237 696.590.274 Deferred expenses PT Palawi Dikurangi : Akumulasi amortisasi Less : Accumulated amortization Saldo awal tahun 29.558.642.055 27.489.726.365 37.090.896.868 Beginning balance Amortisasi tahun berjalan 6.034.385.039 2.068.915.690 6.866.334.853 Amortization for the year Saldo akhir tahun 35.593.027.094 29.558.642.055 43.957.231.721 Ending balance Jumlah 33.482.576.664 33.638.166.271 39.939.517.315 Total Biaya rencana pengaturan kelestarian hutan Dalam kurun waktu setiap 10 tahun Perusahaan menyusun Rencana Pengaturan Kelestarian Hutan RPKH yang berisikan jadwal penanaman dan penebangan kayu untuk setiap Bagian Kesatuan Pemangkuan Hutan BKPH dalam sub wilayah Kesatuan Pemangkuan Hutan KPH. Biaya-biaya terkait dengan program ini meliputi: biaya pelaksanaan survei lokasi hutan terkait. Untuk itu biaya-biaya yang dikeluarkan dalam rangka kegiatan ini ditangguhkan dan diamortisasi selama 10 tahun. Biaya pengurusan sertifikat tanah dan bangunan Biaya pengurusan sertifikat tanah dan bangunan diamortisasi selama masa manfaatnya selama 20 tahun yang dimulai sejak tahun 2011. Biaya yang ditangguhkan PT Palawi Merupakan biaya dalam rangka pendirian kantor perwakilan PT PALAWI di kota Bandung dan Semarang, sesuai dengan Surat Keputusan Direksi Perusahaan No. 014Kpts-UmDirVIII2008 tentang “Pendirian Kantor-Kantor Perwakilan di kota Bandung, Semarang dan Surabaya”. Cost sustainability plan of arrangement Within its 10-year company Forest Preservation Plan Settings RPKH that contains the schedule of planting and harvesting timber for each section Pemangkuan Unity Forest BKPH in the sub-region Pemangkuan Unity Forest KPH. The costs associated with this program include: the cost of implementation of forest-related surveys. To that costs incurred for the purpose of this deferred and amortized over 10 years. The cost of land and building certificates The cost of certificates of land and buildings are amortized over the useful lives of 20 years starting in 2011. Deferred expenses PT Palawi Represents costs for the establishment of representative offices of PT PALAWI in Bandung and Semarang, in accordance with Decree No. Company Directors. 014Kpts- UmDirVIII2008 on Establishment of Representative Offices in the city of Bandung, Semarang and Surabaya. Print to PDF without this message by purchasing novaPDF http:www.novapdf.com PERUM PERHUTANI DAN ENTITAS ANAK PERUM PERHUTANI AND SUBSIDIARIES CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN Lanjutan NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS Continued Untuk tahun yang berakhir pada Tanggal 31 desember 2012 2011, dan 2010 For Years Ended December 31, 2012, 2011 and 2010 Disajikan dalam Rupiah penuh, kecuali dinyatakan lain Expressed in Rupiah, unless otherwise stated 63

13. ASET TIDAK LANCAR LAINNYA

13. OTHER NON CURRENT ASSETS

2 0 1 2 2 0 1 1 2 0 1 0 Rp Rp Rp Aset PT KIFC 16.535.552.591 16.535.552.591 5.772.489.599 PT KIFC Assets Aset tetap yang akan dihapus 12.751.440.944 15.625.819.843 14.961.481.114 Fixed assets to be removed PT Sapta Wahana Mulia 8.200.000.000 8.200.000.000 8.200.000.000 PT Sapta Wahana Mulia PT Inhutani V 6.590.728.990 6.065.000.000 6.065.000.000 PT Inhutani V Piutang pegawai Catatan 9 6.517.336.168 5.967.312.504 6.731.998.516 Employee receivables Persediaan yang akan dihapus 6.306.554.400 3.201.022.435 3.365.970.432 Inventories to be removed PT. BUMN Hijau Lestari I dan II 2.176.000.000 1.931.000.000 1.768.000.000 PT. BUMN Hijau Lestari I and II Piutang tidak lancar - 1.735.433.750 1.735.433.750 Non-current receivable Uang jaminan 307.975.503 325.969.008 325.969.395 Security deposit Aset tetap yang digunakan oleh pihak ketiga 279.317.538 279.356.870 336.097.089 Fixed assets that used by third-party Aset tidak lancar lainnya 79.905.667 49.610.000 49.609.640 Other non-current assets Jumlah aset lancar lainnya sebelum penyisihan 59.744.811.801 59.916.077.001 49.312.049.535 Total other current assets before allowance Jumlah Penyisihan 33.875.537.197 33.476.874.960 33.196.871.834 Total allowance Jumlah 25.869.274.604 26.439.202.041 16.115.177.701 Total Penyisihan 2012 2011 2010 Rp Rp Rp Penyisihan aset tetap yang akan dihapus 12.751.440.944 15.625.819.843 14.961.481.114 Provision for fixed assets to be removed Penyisihan PT Sapta Wahana Mulia 8.200.000.000 8.200.000.000 8.200.000.000 PT Sapta Wahana Mulia Allowance Penyisihan pinjaman yang diberikan kepada PT Inhutani V 6.353.077.920 6.065.000.000 6.065.000.000 Provivion for loans given to PT Inhutani V Penyisihan persediaan yang akan dihapus 6.291.813.699 3.201.022.435 3.365.970.432 Allowance for inventories to be removed Penyusutan aset tetap yang digunakan oleh pihak ketiga 279.204.634 279.356.870 336.097.089 Depreciation of fixed assets that used by third-party Lain-lain - 105.675.812 268.323.199 Others Jumlah 33.875.537.197 33.476.874.960 33.196.871.834 Total Pinjaman yang diberikan kepada PT Inhutani V Berdasarkan surat Deputi Bidang Usaha Percetakan, Kehutanan dan Pertanian No. S-44D3MBU2003 tanggal 1 April 2003 dikeluarkan pinjaman sebesar Rp 5.000.000.000 yang diatur dalam Perjanjian Pinjaman Dana Segar No. 38SJDir2003 tanggal 11 Juni 2003. Pinjaman tersebut disertai penyerahan jaminan aset berupa tanah dan bangunan kantor PT Inhutani V Persero namun tidak diikat hak tanggungan. Jangka waktu pengembalian adalah 3 tiga tahun sejak tanggal perjanjian. Atas pinjaman tersebut PT Inhutani V Persero dikenakan bunga sebesar 6 per tahun. Pada tahun 2007 telah dibukukan bunga dan denda keterlambatan sebesar Rp1.065.000.000. Loans granted to Inhutani V Based on the letter of Deputy of Printing, Forestry and Agriculture No. S-44D3MBU2003 issued on 1 April 2003 amounting to Rp 5,000,000,000 set forth in the Fresh Funds Loan Agreement No. 38SJDir2003 dated June 11, 2003. The loan was accompanied by the delivery of collateral assets such as land and office buildings Inhutani V Limited, but not fastened mortgage. Repayment period is three 3 years from the date of the agreement. On the loan Inhutani V Limited bears interest at 6 per year. In the year 2007 has recorded interest and late fee Rp1,065,000,000. Print to PDF without this message by purchasing novaPDF http:www.novapdf.com PERUM PERHUTANI DAN ENTITAS ANAK PERUM PERHUTANI AND SUBSIDIARIES CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN Lanjutan NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS Continued Untuk tahun yang berakhir pada Tanggal 31 desember 2012 2011, dan 2010 For Years Ended December 31, 2012, 2011 and 2010 Disajikan dalam Rupiah penuh, kecuali dinyatakan lain Expressed in Rupiah, unless otherwise stated 64

13. ASET TIDAK LANCAR LAINNYA Lanjutan

13. OTHER NON CURRENT ASSETS Continued

Penyertaan modal ke PT. BUMN Hijau Lestari I dan II Merupakan penyertaan modal untuk pembentukan entitas anak PT. BUMN Hijau Lestari I dan II. Penyertaan modal Perum Perhutani sebesar Rp 1.931.000.000, Equity to the PT. BUMN Hijau Lestari I and II An equity investment for the establishment of subsidiaries PT. BUMN Hijau Lestari I and II. Perhutani equity amount to Rp 1,931,000,000 Aset Tanaman Merupakan kerjasama pembangunan hutan antara Perum Perhutani dengan PT KIFC Korea Indonesia Forestry Cooperative yang sampai dengan 31 Desember 2012 mencapai luas sebesar 7.583, 99 Ha yang tersebar di enam KPH yaitu KPH Banten, KPH Bogor, KPH Purwakarta, KPH Sumedang, KPH Majalengka, dan KPH Indramayu. lihat Catatan 21 Plant assets Is a forest development collaboration between Perum Perhutani with PT KIFC Korea Indonesia Forestry Cooperative which up to December 31, 2012 reached an area of 7583, 99 hectares in six KPH, KPH Banten, KPH Bogor, KPH Purwakarta, KPH Sumedang, KPH Majalengka, and KPH Indramayu. see Note 21 14. UTANG BANK 14. BANK LOAN 2012 2011 2010 Rp Rp Rp

a. Utang kepada Bank Negara Indonesia

118.080.000.000 118.080.000.000 - a. Debt to Bank Negara Indonesia b. Kredit Modal Kerja – PT PAK 8.891.769.890 9.141.696.139 6.299.999.999 b. Working Capital Loan – PT PAK Jumlah 126.971.769.890 127.221.696.139 6.299.999.999 Total a. Utang kepada Bank Negara Indonesia a. Debt to Bank Negara Indonesia Utang bank tahun 2011 merupakan pencairan pinjaman kredit berdasarkan perjanjian No. 11.156, No. 11.157, dan No. 11.158 dengan PT. BNI Tbk. Surat perjanjian kredit No. 11.156 tanggal 30 Desember 2011 antara Perum Perhutani dan PT. BNI Tbk menerangkan bahwa Perum Perhutani dapat mengambil pinjaman kredit sebesar maksimum Rp 25.000.000.000 dengan jangka waktu sampai dengan 29 Desember 2012 yang akan dialokasikan untuk pembangunan pabrik plywood. Perpanjangan perjanjian sedang dalam proses. Bank debt in 2011 is a loan disbursement based on agreement No..11 156, no. 11 157, and no. 11 158 with PT. BNI Tbk. Letter of Credit Agreement No.. 11 156 dated December 30, 2011 between Perhutani and PT. BNI Tbk explained that Perhutani can take loans for a maximum of Rp 25,000,000,000 with maturities up to December 29, 2012 which will be allocated for construction plywood factory. The extension of the agreement is in the process. Perjanjian Kredit No. Credit Agreement No, Maksimum Kredit Maximum Credit Realisasi Pencairan Kredit Actual Credit Disbursement Rp Rp Perjanjian Kredit Credit Agreement No. 11.156 25.000.000.000 - Perjanjian Kredit Credit Agreement No. 11.157 65.000.000.000 - Perjanjian Kredit Credit Agreement No. 11.158 135.000.000.000 118.080.000.000 Jumlah Total 225.000.000.000 118.080.000.000 Print to PDF without this message by purchasing novaPDF http:www.novapdf.com PERUM PERHUTANI DAN ENTITAS ANAK PERUM PERHUTANI AND SUBSIDIARIES CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN Lanjutan NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS Continued Untuk tahun yang berakhir pada Tanggal 31 desember 2012 2011, dan 2010 For Years Ended December 31, 2012, 2011 and 2010 Disajikan dalam Rupiah penuh, kecuali dinyatakan lain Expressed in Rupiah, unless otherwise stated 65 14. UTANG BANK Lanjutan 14. BANK LOAN Continued Surat perjanjian kredit No. 11.157 tanggal 30 Desember 2011 antara Perum Perhutani dan PT. BNI Tbk menerangkan bahwa Perum Perhutani dapat mengambil pinjaman kredit sebesar maksimum Rp 65.000.000.000 dengan jangka waktu sampai dengan 29 Desember 2012 yang akan dialokasikan untuk pembelian saham PT. Saskreasindo Utama. Surat perjanjian kredit No. 11.158 tanggal 30 Desember 2011 antara Perum Perhutani dan PT. BNI Tbk menerangkan bahwa Perum Perhutani dapat mengambil pinjaman kredit sebesar maksimum Rp 135.000.000.000 dengan jangka waktu sampai dengan 29 Desember 2012 untuk pembangunan pabrik derivat gondorukemterpentin. Atas pinjaman tersebut Perum Perhutani dikenakan bunga sebesar 1,5 diatas suku bunga deposito. Letter of Credit Agreement No. 11 157 dated December 30, 2011 between Perhutani and PT. BNI Tbk explained that Perhutani can take loans for a maximum of Rp 65,000,000,000 with maturities up to December 29, 2012 which will be allocated for the purchase of shares in PT. Saskreasindo Utama. Letter of Credit Agreement No. 11 158 dated December 30, 2011 between Perhutani and PT. BNI Tbk explained that Perhutani can take loans for a maximum of Rp 135,000,000,000 with a term until December 29, 2012 for the construction of a plant-derived gondorukem turpentine. Perhutani bears interest on the loan at 1.5 above the deposit rate.

b. Kredit Modal Kerja – PT PAK

Fasilitas ini diberikan berdasarkan Perjanjian Kredit Modal Kerja No. Kep-COD038PK- KI2003 yang dibuat dalam akta notaris Ratih Gondokusumo Siswono, S.H. No. 11 tanggal 10 Juni 2003. Fasilitas ini mempunyai pagu sebesar Rp 1.430.000.000 dan dijamin dengan sebagian aset tetap berupa mesin-mesin, tanah dan bangunan. Jangka waktu atas fasilitas kredit tersebut adalah satu tahun sejak tanggal 10 Juni 2003 sampai dengan jatuh tempo tanggal 10 Juni 2004. Fasilitas kredit tersebut telah mengalami beberapa kali perubahan, terakhir berdasarkan Surat Penawaran Pemberian Kredit SPPK No. CBG.ONESPPK.RD2.0652007 tanggal 5 Juni 2007 mengenai perpanjangan jangka waktu kredit selama satu tahun sejak tanggal 9 Juni 2007 sampai dengan jatuh tempo pada tanggal 9 Juni 2008 dan peningkatan plafond kredit. Pada tanggal 9 Juni 2009 fasilitas kredit tersebut mengalami perubahan mengenai perpanjangan jangka waktu kredit selama satu tahun sejak tanggal 10 Juni 2009 sampai dengan jatuh tempo pada tanggal 9 Juni 2010 diperpanjang sampai dengan 2012.

b. Working Capital Loan - PT PAK

This facility is given by Working Capital Credit Agreement. No. Kep-COD038PK-KI2003 made in the deed Ratihh Gondokusumo Siswono, SH No. 11 dated June 10, 2003. This facility has a ceiling of Rp 1,430,000,000 and secured with some form of fixed asset machinery, land and buildings. Term of the credit facility is one year from the date of June 10, 2003 until the maturity date of June 10, 2004. The credit facility has been amended several times, most recently by Credit Bid SPPK No.. CBG.ONESPPK.RD2.0652007 dated June 5, 2007 on the extended credit period of one year from the date of June 9, 2007 until the maturity date on June 9, 2008 and an increase in the credit ceiling. On June 9, 2009 the credit facility was amended on the extended credit period of one year from the date of June 10, 2009 to expire on June 9, 2010 was extended to 2012. Print to PDF without this message by purchasing novaPDF http:www.novapdf.com PERUM PERHUTANI DAN ENTITAS ANAK PERUM PERHUTANI AND SUBSIDIARIES CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN Lanjutan NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS Continued Untuk tahun yang berakhir pada Tanggal 31 desember 2012 2011, dan 2010 For Years Ended December 31, 2012, 2011 and 2010 Disajikan dalam Rupiah penuh, kecuali dinyatakan lain Expressed in Rupiah, unless otherwise stated 66 14. UTANG BANK Lanjutan 14. BANK LOAN Continued Tingkat suku bunga atas fasilitas kredit tersebut sebesar 11,50, 12, 12 per tahun untuk tahun 2012, 2011, dan 2010. The interest rate on the credit facility amounting to 11.50, 12, 12 per year for the years 2012, 2011, and 2010. 15. UTANG USAHA 15. ACCOUNT PAYABLES 2012 2011 2010 Rp Rp Rp PT. Brantas Abipaya 13.604.694.492 - - PT. Brantas Abipaya PT. Indah Karya 8.404.817.052 4.468.699.400 - PT. Indah Karya PT. Milatronika 7.124.312.368 PT. Milatronika PT. Telkom 6.540.711.100 795.719.100 7.730.463.426 PT. Telkom CV. Dua Putra 2.000.654.500 - - CV. Dua Putra CV. Gita Sari 1.649.719.500 - - CV. Gita Sari PT. Graha Factory 1.196.250.000 - - PT. Graha Factory PT. Musa Dharma Krida 1.121.619.000 - - PT. Musa Dharma Krida PT. Wainando Spectra 986.643.000 - - PT. Wainando Spectra PT. Ayamaru Bakti Pertiwi 940.500.000 - - PT. Ayamaru Bakti Pertiwi KSS SAPRA 875.000.000 - - KSS SAPRA CV. Pilar Mas 870.722.500 3.823.732.500 - CV. Pilar Mas PT. Tusam Duta Indonesia 788.287.500 - - PT. Tusam Duta Indonesia Chriswanto Aji 559.741.800 - - Chriswanto Aji Cimanggu 526.928.650 - - Cimanggu PT. Mawatindo Road Construction - 2.899.074.810 - PT. Mawatindo Road Construction PT. Tresna Wahida Utama - 2.488.286.665 - PT. Tresna Wahida Utama PT. PAK - 2.815.856.662 - PT. PAK PT. Surveyor Indonesia - 2.256.680.800 - PT. Surveyor Indonesia CV. Isthie - 1.875.895.836 - CV. Isthie PT. Central Shofa Indonesia - 1.875.137.000 - PT. Central Shofa Indonesia PT. Area Bangun - 1.698.588.548 - PT. Area Bangun PT. Alfath Putra - 6.272.942.500 - PT. Alfath Putra LPP - - 1.446.557.065 LPP PT. Wijaya Karya - - 1.014.557.000 PT. Wijaya Karya CV. Berdikari - 1.604.176.935 2.520.332.227 CV. Berdikari PT. Bangun Kapasitas - 1.439.650.000 - PT. Bangun Kapasitas PPC Sarpra Opset - 1.085.303.435 352.111.000 PPC Sarpra Opset CV. Aljaidi Putra Perkasa - 851.285.000 - CV. Aljaidi Putra Perkasa PT. Khatulistiwa group 23 - 843.479.340 - PT. Khatulistiwa group 23 PT. Aza Banar - 794.941.200 - PT. Aza Banar CV. Tenaga Jaya - 661.503.511 792.980.420 CV. Tenaga Jaya CV. Lawang Duwur - 725.680.000 - CV. Lawang Duwur PT. Indo Ad - 660.000.000 541.500.000 PT. Indo Ad PT. Santiarsa - 616.499.999 - PT. Santiarsa CV. Jaya Makmur - 506.214.000 - CV. Jaya Makmur CV. Bromo - - 610.857.610 CV. Bromo CV. Bujur Sangkar - - 1.016.595.400 CV. Bujur Sangkar Lain-lain dibawah 500.000.000 23.945.565.139 18.711.075.028 15.173.298.898 Others below 500,000,000 Jumlah 71.136.166.601 59.770.422.269 31.199.253.046 Total Print to PDF without this message by purchasing novaPDF http:www.novapdf.com PERUM PERHUTANI DAN ENTITAS ANAK PERUM PERHUTANI AND SUBSIDIARIES CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN Lanjutan NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS Continued Untuk tahun yang berakhir pada Tanggal 31 desember 2012 2011, dan 2010 For Years Ended December 31, 2012, 2011 and 2010 Disajikan dalam Rupiah penuh, kecuali dinyatakan lain Expressed in Rupiah, unless otherwise stated 67 15. UTANG USAHA Lanjutan 15. ACCOUNT PAYABLES Continued Utang usaha tersebut merupakan utang yang timbul sehubungan dengan kegiatan operasional Perusahaan yang meliputi utang pengadaan barang dan jasa maupun hutang pembelian bahan baku. The account payable is a debt incurred in relation to the Companys operation includes the debt of procurement and debt of purchase of raw materials. 16. LIABILITAS LAIN KEPADA NEGARA 16. OTHER LIABILITIES TO STATE 2012 2011 2010 Rp Rp Rp Retribusi kayu 1.166.873.440 2.651.682.113 2.729.543.106 Timber retribution Utang Provisi Sumber Daya Hutan PSDH 365.813.147 249.348.400 1.677.449.701 Forest resources provision PSDH liabilities Lain – lain 57.866.000 - - Others Jumlah 1.590.552.587 2.901.030.513 4.406.992.807 Total Retribusi kayu disetor kepada Negara berdasarkan Surat Keputusan Kepala Daerah setempat masing - masing KPH. Timber retribution deposited to the State by the decree of the head of region of each KPH. PSDH Provisi Sumber Daya Hutan disetorkan kepada Pemerintah sesuai dengan Surat Keputusan Nomor 124Kpts-II2003 tanggal 4 April 2003 tentang Petunjuk Teknis Tata Cara Pengenaan, Pemungutan, Pembayaran, dan Penyetoran Provisi Sumber Daya Hutan PSDH. PSDH Forest resources provision liabilities are paid to State in accordance with Decree No. 124Kpts-II2003 dated April 4 th , 2003 on Technical Guidance of Procedures for Imposition, Withholding, Payment and Deposit of Forest Resource Provision PSDH. 17. UANG MUKA PENJUALAN HASIL HUTAN 17. ADVANCE ON SALES OF FOREST PRODUCT 2012 2011 2010 Rp Rp Rp Milatronika 25.411.461.389 8.263.051.756 1.350.374.805 Milatronika PT. Nindya Karya 2.682.162.929 - - PT. Nindya Karya PT. ISPAK 2.131.627.204 2.981.951.384 1.746.271.753 PT. ISPAK PT. Sari Mukti sampah 1.419.851.208 - - PT. Sari Mukti sampah General Laju 1.808.216.291 - - General Laju PT. Sengfong 944.986.876 2.563.606.328 - PT. Sengfong PT. Alam Jaya Loka 832.912.734 - PT. Alam Jaya Loka Mega Interior 778.876.989 756.962.378 - Mega Interior PT. Legni Tropical 741.150.282 - - PT. Legni Tropical PT. Kurnia Jati 524.893.935 - - PT. Kurnia Jati Anjang Ruchiyat - 2.778.084.888 - Anjang Ruchiyat CV. Sumber Alam - 1.692.118.586 1.273.403.302 CV. Sumber Alam Shree IHPL - 1.188.315.459 642.140.198 Shree IHPL Kapsco - - 545.701.677 Kapsco King Furn Internasional - 583.645.568 - King Furn Internasional Graha Arta Mulia - 559.694.319 - Graha Arta Mulia Print to PDF without this message by purchasing novaPDF http:www.novapdf.com PERUM PERHUTANI DAN ENTITAS ANAK PERUM PERHUTANI AND SUBSIDIARIES CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN Lanjutan NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS Continued Untuk tahun yang berakhir pada Tanggal 31 desember 2012 2011, dan 2010 For Years Ended December 31, 2012, 2011 and 2010 Disajikan dalam Rupiah penuh, kecuali dinyatakan lain Expressed in Rupiah, unless otherwise stated 68

17. UANG MUKA PENJUALAN HASIL HUTAN Lanjutan

17. ADVANCE ON SALES OF FOREST PRODUCT Continued

2012 2011 2010 Rp Rp Rp Sree Intl Holding - 542.256.731 - Sree Intl Holding Anugerah Jati Utama - 539.639.254 541.172.469 Anugerah Jati Utama PT. Duta Mas - 525.000.000 - PT. Duta Mas Sunarto - 500.000.000 - Sunarto Meri Mewani - - 3.749.397.770 Meri Mewani Sari Mukti - - 2.751.828.888 Sari Mukti AJL - - 1.612.867.761 AJL UD. Barokah - - 949.247.000 UD. Barokah Lainnya rincian di bawah Rp500.000.000 13.169.006.995 7.378.193.324 9.192.278.800 Others details below Rp500,000,000 Jumlah 50.445.146.832 30.852.519.975 24.354.684.423 Total 18. BIAYA YANG MASIH HARUS DIBAYAR 18. ACCRUED EXPENSES 2012 2011 2010 Rp Rp Rp Biaya umum 85.158.146.988 68.649.214.302 76.259.857.028 General cost Biaya tanaman 24.862.681.772 23.067.252.450 21.676.470.680 Planting cost Biaya pemasaran 8.703.975.770 2.879.509.750 3.199.103.281 Marketing expense Biaya pemeliharaan sarana dan prasarana 7.455.466.857 1.226.380.249 3.329.822.762 Infrstructure maintenance expense Biaya pengolahan kayu oleh mitra KSP 7.002.170.464 2.052.253.003 2.013.514.396 Timber processing cost by KSP partners Biaya produksi 5.853.967.090 3.955.835.598 30.980.253.752 Production cost PKBL 3.911.500.000 5.515.000.000 - PKBL Biaya lainnya 6.597.175.391 6.184.077.131 1.727.618.863 Other expenses Jumlah 149.545.084.332 113.529.522.483 139.186.640.762 Total Biaya umum terdiri dari biaya gaji karyawan, upah, tunjangan dan honorarium dan pembelian alat tulis kantor yang masih terutang. General cost consists of employee salaries, wages, allowances and honoraria and the purchase of office stationery which still due. Biaya penanaman terdiri dari biaya-biaya yang berkaitan dengan penanaman yang meliputi biaya persiapan lapangan, pemberantasan hama, pembuatan saluran irigasi dan pemupukan untuk tahun berikutnya. Planting cost consist of the cost associated with planting activities covering the cost of ground preparation, pest eradication, creation of irrigation and fertilization for the next year. Biaya pengolahan kayu oleh mitra KSP merupakan biaya-biaya proses pengolahan kayu oleh mitra yang masih terutang yang meliputi upah langsung, pengemasan packing dan lain-lain. Timber processing cost by KSP partners represent the cost of processing timber that still owed by the partner which include direct wages, packagingpacking, etc. Biaya lain-lain meliputi biaya hukum sebesar Rp 431.640.000, biaya perencanaan sebesar Rp 244.050.000, biaya industri sebesar Rp 221.229.750, biaya eksploitasi yang masih harus dibayar sebesar Rp 113.066.745, dan lain-lain. Other expenses include legal expense amounting to Rp 431,640,000, Rp 244,050,000 of cost of planning, industry cost of Rp 221,229,750, accrued exploitation costs amounted to Rp 113,066,745, etc. Print to PDF without this message by purchasing novaPDF http:www.novapdf.com