Basis of preparation of the consolidated financial statements continued

PT BAYAN RESOURCES Tbk. DAN ENTITAS ANAKAND SUBSIDIARIES Lampiran 57 Schedule CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN 31 MARET 2017 DAN 2016 Dinyatakan dalam Dolar Amerika Serikat, kecuali dinyatakan lain NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS 31 MARCH 2017 AND 2016 Expressed in United States Dollars, unless otherwise stated 2. IKHTISAR KEBIJAKAN AKUNTANSI PENTING lanjutan

2. SUMMARY OF

SIGNIFICANT ACCOUNTING POLICIES continued a. Dasar penyusunan laporan keuangan konsolidasian lanjutan

a. Basis of preparation of the consolidated financial statements continued

Perubahan pada Pernyataan Standar Akuntansi Keuangan “PSAK” dan Interpretasi Standar Akuntansi Keuangan “ISAK” lanjutan Changes to Statements of Financial Accounting Standards “SFAS” and Interpretations of Financial Accounting Standards “ISFAS” continued - PSAK 4 revisi 2015 “Laporan Keuangan Tersendiri” - SFAS 4 revised 2015 “Separate Financial Statements” - PSAK 5 revisi 2015 “Segmen Operasi” - SFAS 5 revised 2015 “Operating Segments” - PSAK 7 revisi 2015 “Pengungkapan Pihak- pihak Berelasi” - SFAS 7 revised 2015 “Related Party Disclosure” - PSAK 13 revisi 2015 “Properti Investasi” - SFAS 13 revised 2015 “Investment Property” - PSAK 15 revisi 2015 “Investasi Pada Entitas Asosiasi dan Ventura Bersama” - SFAS 15 revised 2015 “Investment in Associates and Joint Ventures” - PSAK 16 revisi 2015 “Aset Tetap” - SFAS 16 revised 2015 “Property, Plant and Equipment” - PSAK 19 revisi 2015 “Aset Tak Berwujud” - SFAS 19 revised 2015 “Intangible Assets” - PSAK 22 revisi 2015 “Kombinasi Bisnis” - SFAS 22 revised 2015 “Business Combinations ” - PSAK 24 revisi 2015 “Imbalan Kerja” - SFAS 24 revised 2015 “Employee Benefits” - PSAK 25 revisi 2015 “Kebijakan Akuntansi, Perubahan Estimasi Akuntansi dan Kesalahan” - SFAS 25 revised 2015 “Accounting Policies, Changes in Accounting Estimates and Errors” - PSAK 53 revisi 2015 “Pembayaran Berbasis Saham” - SFAS 53 revised 2015 “Share-Based Payments ” - PSAK 65 revisi 2015 “Laporan Keuangan Konsolidasian” - SFAS 65 revised 2015 “Consolidated Financial Statements” - PSAK 66 revisi 2015 “Pengaturan Bersama” - SFAS 66 revised 2015 “Joint Arrangements” - PSAK 67 revisi 2015 “Pengungkapan Kepentingan dalam Entitas Lain” - SFAS 67 revised 2015 “Disclosures of Interests in Other Entities” - PSAK 68 revisi 2015 “Pengukuran Nilai Wajar” - SFAS 68 revised 2015 “Fair Value Measurement” - PSAK 70 “Akuntansi Aset dan Liabilitas Pengampunan Pajak” - SFAS 70 “Accounting for Tax Amnesty Assets and Liabilities” - ISAK 30 “Pungutan” - ISFAS 30 “Levies” Implementasi dari standar-standar tersebut tidak menghasilkan perubahan kebijakan akuntansi Grup dan tidak memiliki dampak terhadap jumlah yang dilaporkan di tahun berjalan atau tahun sebelumnya. The implementation of the above standards did not result in changes to the Group’s accounting policies and had no effect on the amounts reported for current or prior financial years. PT BAYAN RESOURCES Tbk. DAN ENTITAS ANAKAND SUBSIDIARIES Lampiran 58 Schedule CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN 31 MARET 2017 DAN 2016 Dinyatakan dalam Dolar Amerika Serikat, kecuali dinyatakan lain NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS 31 MARCH 2017 AND 2016 Expressed in United States Dollars, unless otherwise stated 2. IKHTISAR KEBIJAKAN AKUNTANSI PENTING lanjutan

2. SUMMARY OF