TRADE ACCOUNTS RECEIVABLE Laporan Keuangan Konsolidasian PT Golden Eagle Energy Tbk 30 Juni 2017

PT GOLDEN EAGLE ENERGY Tbk DAN ENTITAS ANAK CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN 30 JUNI 2017 DAN 31 DESEMBER 2016 DAN UNTUK PERIODE ENAM BULAN YANG BERAKHIR PADA TANGGAL 30 JUNI 2017 DAN 30 JUNI 2016 – Lanjutan PT GOLDEN EAGLE ENERGY Tbk AND ITS SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS JUNE 30, 2017 AND DECEMBER 31, 2016 AND FOR THE SIX MONTHS PERIODS ENDED JUNE 30, 2017 AND JUNE 30, 2016 – Continued - 40 - Piutang usaha terdiri dari: Trade accounts receivable consist of: 30 Juni 31 Desember June 30, 2017 December 31 , 2016 Rp Rp a. Berdasarkan pelanggan a. By debtor Pihak ketiga Third parties PT Sriw ijaya Bara Logistic 2,628,376,122 2,628,376,122 PT Sriw ijaya Bara Logistic PT Sinar Energy Andalas 500,000,000 500,000,000 PT Sinar Energy Andalas Lain-lain dibaw ah 10 4,997,914 9,997,914 Others below 10 Subjumlah 3,133,374,036 3,138,374,036 Subtotal Dikurangi: Less: Cadangan kerugian penurunan nilai 2,121,016,271 2,121,016,271 Allow ance for impairment losses Jumlah 1,012,357,765 1,017,357,765 Total b. Umur piutang usaha yang tidak b. Aging of trade accounts receivable mengalami penurunan nilai not impaired Belum jatuh tempo - 5,000,000 Not yet due Lew at jatuh tempo: Past due: Lebih dari 120 hari 1,012,357,765 1,012,357,765 More than 120 days Jumlah 1,012,357,765 1,017,357,765 Total Grup mengakui cadangan kerugian penurunan nilai piutang berdasarkan jumlah estimasi tidak terpulihkan yang ditentukan dengan mengacu pada analisis keadaan keuangan kini pihak debitur. The Group has recognized allowance for impairment losses based on estimated irrecoverable amount determined by reference to the counterparty’s current financial condition. Manajemen berpendapat bahwa kerugian penurunan nilai atas piutang adalah cukup. Management believes that the allowance for impairment losses is adequate. Piutang usaha yang mengalami penurunan nilai sebesar Rp 2.121.016.271 berumur lebih dari 120 hari. Trade accounts receivable was impaired amounting to Rp 2,121,016,271 with aging more than 120 days. Seluruh piutang usaha digunakan sebagai jaminan atas utang bank Catatan 31d. All the above trade accounts receivables are used as collateral for bank loans Note 31d. 7. PIUTANG LAIN-LAIN KEPADA PIHAK KETIGA 7. OTHER ACCOUNTS RECEIVABLE FROM THIRD PARTIES 30 Juni 31 Desember June 30, 2017 December 31, 2016 Rp Rp PT Teguh Karya Sejahtera 1.305.999.971 831.677.653 PT Teguh Karya Sejahtera PT Batubara Mandiri 782.549.858 782.549.858 PT Batubara Mandiri PT Trans Andalan Sumatera 240.000.000 - PT Trans Andalan Sumatera Lain-lain dibaw ah Others under Rp 100.000.000 184.595.046 63.648.516 Rp 100,000,000 Jumlah 2.513.144.875 1.677.876.027 Total PT GOLDEN EAGLE ENERGY Tbk DAN ENTITAS ANAK CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN 30 JUNI 2017 DAN 31 DESEMBER 2016 DAN UNTUK PERIODE ENAM BULAN YANG BERAKHIR PADA TANGGAL 30 JUNI 2017 DAN 30 JUNI 2016 – Lanjutan PT GOLDEN EAGLE ENERGY Tbk AND ITS SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS JUNE 30, 2017 AND DECEMBER 31, 2016 AND FOR THE SIX MONTHS PERIODS ENDED JUNE 30, 2017 AND JUNE 30, 2016 – Continued - 41 - Pada 30 Juni 2017 dan 31 Desember 2016 tidak diadakan penyisihan penurunan nilai atas piutang lain-lain kepada pihak ketiga karena manajemen berpendapat seluruh piutang tersebut dapat ditagih. As of June 30, 2017 and December 31, 2016, no allowance for impairment losses of other accounts receivables from third parties was provided, because the management believes that such receivables are collectible. 8. PERSEDIAAN 8. INVENTORIES 30 Juni 31 Desember June 30, 2017 December 31, 2016 Rp Rp Batubara 3.019.639.384 2.753.828.104 Coal Solar 298.233.551 127.717.756 Fuel Lain-lain 112.629.371 127.942.666 Others Dikurangi: Less: Penyisihan penurunan Allow ance for impairment nilai batubara 30.196.244 26.491.065 losses coal Jumlah 3.400.306.062 2.982.997.461 Total Persediaan batubara merupakan persediaan yang diangkat ke permukaan dari area of interest. The coal inventory represents inventories that are brought to surface from an area of interest. Pada tanggal 30 Juni 2017 dan 31 Desember 2016 manajemen berkeyakinan bahwa cadangan kerugian penurunan nilai persediaan telah cukup untuk menutup kemungkinan kerugian yang timbul. As of June 30, 2017 and December 31, 2016, Management believes that amount of allowance for decline in inventories was adequate to cover possible losses that might be arised. Persediaan batubara dalam perjalanan dari stockpile ke stockpile danatau stockpile ke intermediary stockpile danatau stockpile atau intermediary stockpile ke mother vessel diasuransikan dengan nilai pertanggungan 100 dari nilai batubara dalam perjalanan. Coal inventories in transit from stockpile to stockpile andor stockpile to intermediary stockpile andor stockpile or intermediary stockpile to mother vessel are covered by insurance policies with the sum insured up to 100 from coal inventories in transit. Seluruh persediaan digunakan sebagai jaminan atas utang bank Catatan 31d. All the above inventories are used as collateral for bank loans Note 31d.

9. UANG MUKA

– TIDAK LANCAR 9. ADVANCES - NONCURRENT Grup mempunyai transaksi uang muka kepada pihak ketiga terkait dengan pembelian aset tetap pada tanggal 30 Juni 2017 dan terkait dengan proyek pelabuhan dan pengangkutan batubara pada tanggal 31 Desember 2016. The Group made advances to third parties for acquisition of fixed assets as of June 30, 2017 and for port and coal hauling project as of December 31, 2016.