HUTANG BANK lanjutan BANK LOANS continued

LAPORAN T AHUNAN 2010 ANNUAL REPOR T | PT SEMEN GRESIK PERSERO Tbk. The original consolidated financial statements included herein are in the Indonesian language. PT SEMEN GRESIK PERSERO Tbk DAN ANAK PERUSAHAAN CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN Tahun yang Berakhir Pada Tanggal-tanggal 31 Desember 2010 dan 2009 Disajikan dalam ribuan Rupiah, kecuali dinyatakan lain PT SEMEN GRESIK PERSERO Tbk AND ITS SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS Years Ended December 31, 2010 and 2009 Expressed in thousands of Rupiah, unless otherwise stated 70 17. HUTANG BANK lanjutan 17. BANK LOANS continued b. Jangka panjang lanjutan b. Long-term continued Bank Sindikasi lanjutan Syndicated Banks continued Fasilitas kredit tersebut terdiri dari: 1. Fasilitas kredit investasi dengan jumlah maksimum Rp3.166.000.000. Fasilitas ini termasuk fasilitas NCL dalam bentuk fasilitas LC danatau SKBDN 2. Fasilitas kredit investasi bunga masa konstruksi sebesar maksimum Rp381.000.000. Fasilitas ini hanya dapat digunakan untuk melunasi 68 dari beban bunga selama masa tenggang sebagaimana didefinisikan dalam perjanjian kredit sindikasi tersebut. These facilities comprise of the following: 1. Investment credit facility with a maximum facility amount of Rp3,166,000,000. This facility includes an NCL facility in the form of LC andor SKBDN 2. Credit facility for interest during the construction period with a maximum facility amount of Rp381,000,000. This facility is only to be used for payment of 68 of interest charges during the grace period as defined in the syndicated credit agreement. Fasilitas kredit sindikasi tersebut dijamin dengan aset tetap berupa tanah, bangunan, mesin-mesin, dan peralatan milik ST. Fasilitas tersebut juga mendapat jaminan berupa corporate guarantee, cash deficit guarantee, dan cost overrun guarantee dari Perseroan. Bank Sindikasi mengenakan bunga mengambang sebesar prime lending rate dari masing-masing Bank Sindikasi yang pada tahun 2010 berkisar antara 10,66 sampai dengan 11,11 per tahun. Pembayaran pokok kredit sindikasi akan dilakukan secara cicilan triwulanan mulai Maret 2013 sampai dengan Juli 2019. The syndicated loan agreement is secured by ST’s fixed assets comprising of land, buildings, machinery and equipment. This facility is also guaranteed by a corporate guarantee, a cash deficit guarantee, and a cost overrun guarantee from the Company. The Syndicated Banks charges floating interest at prime lending rate of each Syndicated Banks that in the year 2010 ranging from 10.66 to 11.11 per annum. The loan is repayable in quarterly installments starting from March 2013 through July 2019. Fasilitas ini mensyaratkan ST untuk memelihara rasio keuangan tertentu dan kewajiban melapor antara lain perubahan susunan direksi dan atau komisaris serta susunan modal dan pemegang saham ST. Pada tanggal 31 Desember 2010, ST telah memenuhi semua rasio keuangan yang dipersyaratkan. This facility requires ST to maintain certain financial ratios and to report among others when there any changes in the composition of the boards of directors and or commissioners, and ST’s capital structure and shareholders. As of December 31, 2010, ST is in compliance with all of the financial covenants. Sampai dengan tanggal 31 Desember 2010 ST telah melakukan penarikan pinjaman sebesar Rp545.000.000 dan mengakui hutang bunga atas pinjaman sindikasi pada tanggal 31 Desember 2010 sebesar Rp11.587.546. Through December 31, 2010 ST has withdrawn the loan amount of Rp545,000,000 and recorded accrued interest on the syndicated loan as of December 31, 2010 amounting to Rp11,587,546. Saldo hutang Bank Sindikasi pada tanggal 31 Desember 2010 disajikan secara neto setelah dikurangi dengan biaya pinjaman yang belum diamortisasi sebesar Rp66.548.914. The syndicated loan balance as of December 31, 2010 is presented net of an unamortized costs of loan of Rp66,548,914.