Financial Report
LAPORAN TAHUNAN
2012
PTBANKSULUT NOTESTOTHEFINANCIALSTATEMENTContinued
ForTheYearsEndedDecember31,2012and2011 ExpressedinRupiah,UnlessOtherwisestated
34. ESTIMATED OF IMPAIRMENT LOSSES ON COMMITMENTS AND CONTINGENCIESContinued
Based on agreement between the service agent PT Hyundai Merchant Marine Co.Ltd and PT Arpeni Pratama Ocean Line, Tbk, regarding the
cooperation work of service agent, PT Bank Sulut issued Bank Guarantee No. 121GB-PJKTX2010 for Rp 3,000,000,000.- as a
guarantee of implementation period of issued Bank Guarantee is valid from October 1, 2010 until September 30, 2011. This Bank Guarantee
issued within Bank Guarantee of PT Bank Sulut No. 101GB- PJKTIX2010 is guaranteed by time deposit on behalf of PT Arpeni
PratamaOceanLine, Tbkwithserial number: 045096ARO inPTBank SulutasforRp5,800,000,000.-.
Basedonletterof renewal GuaranteeImplementationPaket 09-147No. 226EKS-15240LG.06V2010 on May 3, 2010 between PT Arpeni
PratamaOceanLineTbkwithPTBukit AsamTbk,regardingcollaboration workof Transportationservicecoal inTanjungEnimSouthSumatra, PT
Bank Sulut issued Bank Guarantee No. 101GB-PJKTIX2010 for Rp 2,781,981,000.- as aguaranteeof implementation. This Bank Guarantee
issued valid fromJuly 1, 2010 through June 30, 2011 and is still in the process of renewal. This Bank Guaranteeissued withinBank Guarantee
Bank Sulut No.121GB-PJKTX2010 is guaranteed by time deposit on behalfof PTArpeni PratamaOceanLine,Tbkwithserial number:045096
AROinPTBankSulutforRp5,800,000,000.-. Basedonagreement No. 284Eks-15240LG.06V2010onMay31, 2010
and 056P51278PKPEks-0500HK.032009 on October 21, 2009 between PT Arpeni Pratama Ocean Line, Tbk with PT Bukit AsamTbk,
regarding collaboration work of loading and unloading of Coal in South Sumatra, PT Bank Sulut issued Bank Guarantee with No. 067GB-
PJKTVII2010 for Rp 15,913,417,244.- as a guarantee of implementation. This bank guarantees is guaranteed 100 by PT
Asuransi Umum Videi with No. 01.96.02.0026.07.10. This Bank GuaranteeissuedvalidfromJuly 1, 2010until June30, 2011andnot be
extended. Based on agreement Power Purchase Agreement, Coal Fired Steam
CelukanPower Plant 380MW betweenPTGeneral EnergyBali withPT PLNPersero on March 21, 2007 regarding construction work of Power
Plant Facilities Coal Fired Steam Plant in Bali, This bank guarantees issued by PT Bank Sulut No. 032GB-PJKTXI2009 for Rp
51,300,000,000.-. This bank guarantee was guaranted 100 of Contra bank guaranteely by PT Asuransi Bumiputera Muda No.
1207.05.2009.12.0002-0 as a guarantee of implementation. This bank guaranteesvalidstartedonJune12,2008throughJune12,2011,andis
PTBANKSULUT CATATANATASLAPORANKEUANGANLanjutan
UntukTahunyangBerakhirpada31Desember2012dan2011 DinyatakandalamRupiah,KecualidinyatakanLain
34. ESTIMASIKERUGIANKOMITMENDANKONTINJENSILanjutan
