ESTIMASI DAN BUKK Financial Statements 31 Dec 2014 and 2013 Audited Final R2

Disajikan dalam Ribuan Rupiah, Kecuali Dinyatakan Lain AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS As of December 31, 2014 and for Year Then Ended Expressed in Thousands of Rupiah, Unless Otherwise Stated 53

4. NILAI WAJAR ASET DAN LIABILITAS KEUANGAN

lanjutan 4. FAIR VALUE OF FINANCIAL ASSETS AND LIABILITIES continued 2014 Nilai tercatat Carrying amount Nilai wajar Fair value Aset keuangan Financial asset Kas dan setara kas 98.320.926 98.320.926 Cash and cash equivalent Deposito yang dibatasi penggunaannya 803.855 803.855 Restricted deposit Piutang : Accounts receivables : Pihak ketiga - neto 360.101.714 360.101.714 Third parties - net Pihak berelasi 1.244.838 1.244.838 Related parties Piutang retensi - - Retention receivables Tagihan bruto pemberi kerja atas kontrak konstruksi 60.750.752 60.750.752 Gross receivable to the customer construction contracts Piutang lain – lain 1.947.833 1.947.833 Other receivables Aset lain-lain 16.927.937 16.927.937 Others Assets Liabilitas keuangan Financial liabilities Utang bank 325.408.957 325.408.957 Bank loan Utang usaha 111.569.879 111.569.879 Accounts payables Utang lain-lain 6.569.485 6.569.485 Other payables Utang pajak 72.037.518 72.037.518 Taxes payables Uang muka pelanggan 81.845.996 81.845.996 Advances from customers Beban masih harus dibayar 114.924.582 114.924.582 Accrued expenses Utang yang jatuh tempo dalam satu tahun: Current maturity of long term debts: Pinjaman bank 10.851.254 10.851.254 Bank loans Utang sewa pembiayaan 610.304 610.304 Lease payables 2013 Nilai tercatat Carrying amount Nilai wajar Fair value Aset keuangan Financial asset Kas dan setara kas 156.649.951 156.649.951 Cash and cash equivalent Deposito yang dibatasi penggunaannya 780.112 780.112 Restricted deposit Piutang : Accounts receivables : Pihak ketiga - neto 348.382.080 348.382.080 Third parties - net Pihak berelasi 6.210.550 6.210.550 Related parties Piutang retensi 93.130 93.130 Retention receivables Tagihan bruto pemberi kerja atas kontrak konstruksi 17.019.122 17.019.122 Gross receivable to the customer construction contracts Piutang lain-lain 1.179.573 1.179.573 Other receivables Aset lain-lain 12.580.887 12.580.887 Others Assets Liabilitas keuangan Financial liabilities Utang bank 96.865.241 96.865.241 Bank loan Utang usaha 104.416.373 104.416.373 Accounts payables Utang lain-lain 4.983.966 4.983.966 Other payables Utang pajak 72.013.926 72.013.926 Taxes payables Uang muka pelanggan 79.884.248 79.884.248 Advances from customers Beban masih harus dibayar 117.483.223 117.483.223 Accrued expenses Utang yang jatuh tempo dalam satu tahun: Current maturity of long term debts: Pinjaman bank 64.033.190 64.033.190 Bank loans Utang sewa pembiayaan 4.480.870 4.480.870 Lease payables Nilai wajar aset dan liabilitas keuangan disajikan dalam jumlah dimana instrumen tersebut dapat dipertukarkan dalam transaksi kini antara pihak-pihak yang berkeinginan willing parties, bukan dalam penjualan akibat kesulitan keuangan atau likuidasi yang dipaksakan. The fair values of assets and financial liabilities are presented at the amounts which the instrument could be exchanged in a current transaction between willing parties, not in a forced sale or liquidation. Disajikan dalam Ribuan Rupiah, Kecuali Dinyatakan Lain AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS As of December 31, 2014 and for Year Then Ended Expressed in Thousands of Rupiah, Unless Otherwise Stated 54

4. NILAI WAJAR ASET DAN LIABILITAS KEUANGAN

lanjutan

4. FAIR VALUE

OF FINANCIAL ASSETS AND LIABILITIES continued Metode dan asumsi berikut ini digunakan untuk mengestimasi nilai wajar untuk setiap kelompok instrumen keuangan yang praktis untuk memperkirakan nilai tersebut: The following methods and assumptions were used to estimate the fair value of each class of financial the instrument for which it is practicable to estimate such value: 1. Kas dan setara kas, deposito yang dibatasi penggunannya, piutang usaha, piutang retensi, tagihan bruto pemberi kerja atas kontrak konstruksi dan piutang lain-lain. 1. Cash and cash equivalent, Restricted deposit, accounts receivables, retention receivables, gross receivable to the customer construction contracts and other receivables Seluruh aset keuangan di atas merupakan aset keuangan jangka pendek yang akan jatuh tempo dalam waktu 12 bulan sehingga nilai tercatat aset keuangan tersebut kurang lebih telah mencerminkan nilai wajarnya. All of the above financial assets are due within 12 months, thus the carrying values of the financial assets approximate their fair values.

2. Utang usaha, beban masih harus dibayar, dan

pinjaman bank jangka pendek 2. Accounts payables, accrued expenses, and short-term bank loans Seluruh liabilitas keuangan di atas merupakan liabilitas jangka pendek yang akan jatuh tempo dalam waktu 12 bulan sehingga nilai tercatat liabilitas keuangan tersebut kurang lebih telah mencerminkan nilai wajarnya. All of the above financial liabilities are due within 12 months, thus the carrying value of the financial liabilities approximate their fair values.

3. Pinjaman jangka panjang dari pihak ketiga

termasuk bagian jatuh tempo dalam waktu satu tahun dan utang sewa

3. Long-term loan from third parties including

current maturities and lease payables Liabilitas keuangan dari pihak ketiga termasuk utang sewa, merupakan pinjaman yang memiliki suku bunga pasar mengambang sehingga nilai tercatat liabilitas keuangan tersebut kurang lebih telah mencerminkan nilai wajarnya. The financial liabilities from third parties, including from lease payables are liabilities with floating market interest rates, thus the carrying values of the financial liabilities approximate their fair values.

5. PENYAJIAN KEMBALI LAPORAN KEUANGAN

5. RESTATEMENT

OF THE CONSOLIDATED FINANCIAL STATEMENTS Seperti yang diungkapkan pada catatan 1 atas laporan keuangan konsolidasian, pada tanggal 17 Desember 2014, PT Bukaka Energi mengakuisisi 99 kepemilikan saham di PT Anoa Hydro Power, PT Sakita Hydro Power, PT Mappung Hydro Power, dan PT Usu Hydro Power. As disclosed in note 1 of the consolidated financial statements, on December 17, 2014, PT Bukaka Energi acquired 99 equity ownership in PT Anoa Hydro Power, PT Sakita Hydro Power, PT Mappung Hydro Power, and PT Usu Hydro Power. Seperti yang diungkapkan pada catatan 1 atas laporan keuangan konsolidasian, pada tanggal 22 Desember 2014, PT Bukaka Teknik Utama Tbk. mengakuisisi 96,81 kepemilikan saham PT Bukaka Forging Industries dari PT Indonesia Harapan Masa dengan nilai transaksi Rp47.500.000. As disclosed in note 1 to the consolidated financial statements, on December 22, 2014, PT Bukaka Teknik Utama Tbk acquired 96,81 shares ownership of PT Bukaka Forging Industries from PT Indonesia Harapan Masa with transaction value of Rp47,500,000.