ADVANCES FOR PURCHASE OF PROPERTY, PLANT AND EQUIPMENT

PT. CHANDRA ASRI PETROCHEMICAL Tbk DAN ENTITAS ANAK CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN UNTUK PERIODE ENAM BULAN YANG BERAKHIR 30 JUNI 2016 DAN 2015 2015 - TIDAK DIAUDIT DAN UNTUK TAHUN-TAHUN YANG BERAKHIR 31 DESEMBER 2015, 2014 DAN 2013 Lanjutan PT. CHANDRA ASRI PETROCHEMICAL Tbk AND ITS SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS FOR THE SIX-MONTH PERIODS ENDED JUNE 30, 2016 AND 2015 2015 - UNAUDITED AND FOR THE YEARS ENDED DECEMBER 31, 2015, 2014 AND 2013 Continued - 48 - Manajemen berpendapat nilai pertanggungan tersebut cukup untuk menutupi kemungkinan kerugian atas risiko kebakaran, bencana alam dan risiko lainnya yang mungkin atas aset yang dipertanggungkan. Management believes that the insurance coverage is adequate to cover possible risks against fire, disasters and other risks on the assets insured. Aset tetap digunakan sebagai jaminan secara pari passu atas utang bank jangka panjang Catatan 17 pada tanggal 30 Juni 2016, 31 Desember 2015, 2014 dan 2013. Property, plant and equipment are pledged as pari passu collateral for long-term bank loans Note 17 as of June 30, 2016, December 31, 2015, 2014 and 2013. Manajemen berpendapat bahwa pada tanggal 30 Juni 2016, 31 Desember 2015, 2014 dan 2013 tidak terdapat keadaan yang menunjukkan indikasi terjadinya penurunan nilai aset tetap. Management believes that there is no indication for impairment of property, plant and equipment as of June 30, 2016, December 31, 2015, 2014 and 2013. 14. UTANG BANK 14. BANK LOANS 31 Desember 31 Desember December 31, December 31, 2015 2013 US 000 US 000 Bank DBS Ltd, Cabang Singapura 25.000 - Bank DBS Ltd, Singapore Branch The Hongkong and Shanghai The Hongkong and Shanghai Banking Corporation Banking Corporation Limited HSBC 15.000 - Limited HSBC The Siam Commercial Bank The Siam Commercial Bank Public Company Limited 10.800 - Public Company Limited Deutsche Bank AG, Deutsche Bank AG, Cabang Singapura - 20.000 Singapore Branch PT Bank Danamon Indonesia Tbk - 1.776 PT Bank Danamon Indonesia Tbk Jumlah 50.800 21.776 Total Bank DBS Ltd, Singapura Bank DBS Ltd, Singapore Pada tanggal 10 Nopember 2014, Perusahaan mendapatkan Fasilitas Modal Kerja Working Capital Facility dengan jumlah maksimal sebesar US 40.000 ribu dari Bank DBS Ltd, Singapura untuk mendanai kebutuhan modal kerja Perusahaan. Jangka waktu 1 tahun. Tingkat bunga per tahun LIBOR + persentase tertentu. Fasilitas ini dicairkan tanggal 29 Desember 2015 sebesar US 25.000 ribu dan telah dilunasi pada bulan Maret 2016. On November 10, 2014, the Company obtained Working Capital Facility with a maximum amount of US 40,000 thousand from DBS Bank Ltd, Singapore to finance its working capital requirements. The facility has a term of 1 year and has an annual interest rate of LIBOR plus certain percentage. This facility was drawndown on December 29, 2015 amounting to US 25,000 thousand and it was fully repaid in March 2016. The Hongkong and Shanghai Banking Corporation Limited HSBC The Hongkong and Shanghai Banking Corporation Limited HSBC Pada 30 September 2015, Perusahaan melakukan amandemen atas Fasilitas Perbankan dengan The Hongkong and Shanghai Banking Corporation Limited untuk mendanai kebutuhan modal kerja jangka pendek Perusahaan. Fasilitas ini terdiri atas Pinjaman Berulang maksimal sebesar US 50.000 ribu, jangka waktu 1 tahun dan tingkat bunga per tahun sebesar persentase tertentu. Pada tanggal 28 Desember 2015, Perusahaan mencairkan sebesar US 15.000 ribu dari fasilitas ini dan telah dilunasi pada bulan Januari 2016. On September 30, 2015, the Company amended the Banking Facility with The Hongkong and Shanghai Banking Corporation Limited to finance its short term working capital requirements. The Facility consists of Revolving Loan with maximum amount of US 50,000 thousand, term of 1 year and an annual interest rate of certain percentage. On December 28, 2015, the Company made a drawdown of US 15,000 thousand from this facility, and it was fully repaid in January 2016.