Laba per Saham SUMMARY OF SIGNIFICANT ACCOUNTING

PT. CHANDRA ASRI PETROCHEMICAL Tbk DAN ENTITAS ANAK CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN UNTUK PERIODE TIGA BULAN YANG BERAKHIR 31 MARET 2017 DAN 2016 2016 - TIDAK DIAUDIT DAN TAHUN- TAHUN YANG BERAKHIR 31 DESEMBER 2016, 2015 DAN 2014 Lanjutan PT. CHANDRA ASRI PETROCHEMICAL Tbk AND ITS SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS FOR THE THREE-MONTH PERIODS ENDED MARCH 31, 2017 AND 2016 2016 - UNAUDITED AND THE YEARS ENDED DECEMBER 31, 2016, 2015 AND 2014 Continued - 35 - Dalam menentukan pemulihan dari piutang usaha, Grup mempertimbangkan setiap perubahan dalam kualitas kredit piutang usaha dari tanggal awal kredit diberikan sampai dengan akhir periode pelaporan. Konsentrasi risiko kredit terbatas karena basis pelanggan yang besar dan tidak saling berhubungan. In determining the recoverability of a trade receivable, the Group considers any change in the credit quality of the trade receivable from the date credit was initially granted up to the end of the reporting period. The concentration of credit risk is limited as the customer base is large and unrelated. Selama periode berjalan, tidak terdapat mutasi cadangan penurunan nilai. Manajemen berpendapat bahwa cadangan kerugian penurunan nilai adalah cukup. During the period, there was no movement in the allowance for impairment losses. Management believes that the allowance for impairment losses is adequate. Piutang usaha digunakan sebagai jaminan secara pari passu atas fasilitas perbankan Catatan 33. Trade receivables are pledged as pari passu collateral for banking facilities Note 33. 7. PERSEDIAAN 7. INVENTORIES 31 Maret March 31, 2017 2016 2015 2014 US 000 US 000 US 000 US 000 Barang jadi 70.839 70.234 57.959 66.655 Finished goods Barang dalam proses 10.219 12.566 10.854 15.312 Work in process Bahan baku 81.164 72.900 69.408 97.322 Raw materials Suku cadang dan perlengkapan 47.381 49.006 45.377 44.296 Spareparts and supplies Jumlah 209.603 204.706 183.598 223.585 Total Cadangan penurunan nilai Allowance for decline in value in persediaan 5.198 5.198 5.198 5.198 inventories Jumlah Persediaan - Bersih 204.405 199.508 178.400 218.387 Total Inventories - Net 31 DesemberDecember 31, Manajemen berkeyakinan bahwa cadangan penurunan nilai persediaan tersebut cukup. Management believes that the allowance for decline in value in inventories is adequate. Pada tanggal 31 Maret 2017, 31 Desember 2016, 2015 dan 2014, seluruh persediaan diasuransikan kepada pihak ketiga terhadap risiko kerugian atas risiko kebakaran, bencana alam dan risiko lainnya dengan jumlah pertanggungan masing-masing sebesar US 327.200 ribu, US 327.200 ribu, US 375.600 ribu dan US 410.000 ribu. Manajemen berpendapat bahwa nilai pertanggungan tersebut cukup untuk menutupi kemungkinan kerugian yang timbul pada Grup. As of March 31, 2017, December 31, 2016, 2015 and 2014, all inventories were insured with third parties to cover possible risks against fire, disasters and other risks for US 327,200 thousand, US 327,200 thousand, US 375,600 thousand and US 410,000 thousand, respectively. Management believes that the insurance coverage is adequate to cover possible losses to the Group. Persediaan digunakan sebagai jaminan secara pari passu atas fasilitas perbankan Catatan 33. Inventories are pledged as pari passu collateral for banking facilities Note 33. 8. PAJAK DIBAYAR DIMUKA 8. PREPAID TAXES 31 Maret March 31, 2017 2016 2015 2014 US 000 US 000 US 000 US 000 Pajak penghasilan - pasal 28A Income tax - article 28A Tahun 2017 Catatan 28 6 - - - Year 2017 Note 28 Tahun 2016 Catatan 28 72 72 - - Year 2016 Note 28 Tahun 2015 Catatan 28 4.138 5.914 5.914 - Year 2015 Note 28 Tahun 2014 Catatan 28 - - 34.882 34.882 Year 2014 Note 28 Tahun 2013 - - - 20.725 Year 2013 Pajak pertambahan nilai - bersih 21.059 17.690 25.506 42.395 Value added tax - net Jumlah 25.275 23.676 66.302 98.002 Total 31 DesemberDecember 31,