Program Pensiun Imbalan Pasti Defined Benefit Pension Plan

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS DECEMBER 31, 2015, 2014 AND JANUARY 1, 2014 DECEMBER 31, 2013 AND FOR THE YEARS ENDED DECEMBER 31, 2015 AND 2014 Continued - 66 - • Jika harapan hidup meningkat turun sebesar 1 dalam satu tahun untuk pria dan wanita, kewajiban imbalan pasti akan turun sebesar US 39 ribu meningkat sebesar US 43 ribu. • If the life expectancy increases decreases by 1 in one year for both men and women, the defined benefit obligation would decrease by US 39 thousand increase by US 43 thousand. Analisis sensitivitas yang disajikan di atas mungkin tidak mewakili perubahan yang sebenarnya dalam kewajiban imbalan pasti mengingat bahwa perubahan asumsi terjadinya tidak terisolasi satu sama lain karena beberapa asumsi tersebut mungkin berkorelasi. The sensitivity analysis presented above may not be representative of the actual change in the defined benefit obligation as it is unlikely that the change in assumptions would occur in isolation of one another as some of the assumptions may be correlated. Selanjutnya, dalam menyajikan analisis sensitivitas di atas, nilai kini kewajiban imbalan pasti dihitung dengan menggunakan metode projected unit credit pada akhir periode pelaporan, yang sama dengan yang diterapkan dalam menghitung liabilitas manfaat pasti yang diakui dalam laporan posisi keuangan. Furthermore, in presenting the above sensitivity analysis, the present value of the defined benefit obligation has been calculated using the projected unit credit method at the end of the reporting period, which is the same as that applied in calculating the defined benefit obligation liability recognised in the statements of financial position. Tidak ada perubahan dalam metode dan asumsi yang digunakan dalam penyusunan analisis sensitivitas dari tahun sebelumnya. There was no change in the methods and assumptions used in preparing the sensitivity analysis from prior years. 20. MODAL SAHAM 20. CAPITAL STOCK Sesuai dengan daftar pemegang saham yang dikeluarkan oleh Biro Administrasi Efek PT Raya Saham Registra, susunan pemegang saham Perusahaan adalah sebagai berikut: Based on the stockholders list issued by the Share Registrar PT Raya Saham Registra, the stockholders of the Company are as follows: Jumlah Modal Jumlah Persentase Ditempatkan Saham Kepemilikan dan Disetor Penuh Nama Pemegang Saham Number of Percentage Total Issued and Name of Stockholders Shares of Ownership Fully Paid Capital US ’000 PT Barito Pacific Tbk 1.480.383.520 45,04 162.132 SCG Chemicals Co., Ltd 1.004.825.959 30,57 110.049 Magna Resources Pte Ltd 493.662.636 15,02 54.066 Marigold Resources Pte Ltd. 169.362.186 5,15 18.549 Prajogo Pangestu 30.258.550 0,92 3.314 Erwin Ciputra 1.885.400 0,06 206 Henry Halim 1.824.500 0,06 200 Paramate Nisagornsen 30.000 0,00 3 Lim Chong Thian 26.500 0,00 3 Masyarakat masing-masing dibawah 5 Public each below 5 104.703.307 3,19 11.467 JumlahTotal 3.286.962.558 100,00 359.989 31 DesemberDecember 31, 2015 NOTES TO CONSOLIDATED FINANCIAL STATEMENTS DECEMBER 31, 2015, 2014 AND JANUARY 1, 2014 DECEMBER 31, 2013 AND FOR THE YEARS ENDED DECEMBER 31, 2015 AND 2014 Continued - 67 - Jumlah Modal Jumlah Persentase Ditempatkan Saham Kepemilikan dan Disetor Penuh Nama Pemegang Saham Number of Percentage Total Issued and Name of Stockholders Shares of Ownership Fully Paid Capital US ’000 PT Barito Pacific Tbk 1.819.769.755 55,36 199.302 SCG Chemicals Co., Ltd 1.003.486.969 30,53 109.902 Marigold Resources Pte Ltd. 169.362.186 5,15 18.549 Magna Resources Pte Ltd 154.276.401 4,69 16.896 Prajogo Pangestu 30.258.550 0,92 3.314 Henry Halim 1.824.500 0,06 200 Erwin Ciputra 1.648.100 0,05 181 Raymond Budhin 175.200 0,01 19 Paramate Nisagornsen 30.000 0,00 3 Lim Chong Thian 26.500 0,00 3 Masyarakat masing-masing dibawah 5 Public each below 5 106.104.397 3,23 11.620 JumlahTotal 3.286.962.558 100,00 359.989 31 DesemberDecember 31, 2014 Pada Rapat Umum Pemegang Saham Tahunan Perusahaan RUPST yang diadakan pada tanggal 8 Juni 2015, disetujui pembagian dividen tunai sebesar US 4.500 ribu atau US 0,00137 per lembar saham dan pembentukan cadangan umum sebesar US 900 ribu. Pada Rapat Umum Pemegang Saham Tahunan Perusahaan RUPST yang diadakan pada tanggal 2 Juni 2014, disetujui pembagian dividen tunai sebesar US 2.600 ribu atau US 0,00079 per lembar saham dan pembentukan cadangan umum sebesar US 800 ribu. At the Annual General Meeting of Stockholders of the Company held on June 8, 2015, the stockholders approved the distribution of cash dividends amounting to US 4,500 thousand or US 0.00137 per share and appropriation of general reserve amounting to US 900 thousand. At the Annual General Meeting of Stockholders of the Company held on June 2, 2014, the stockholders approved the distribution of cash dividends amounting to US 2,600 thousand or US 0.00079 per share and appropriation of general reserve amounting to US 800 thousand. 21. TAMBAHAN MODAL DISETOR 21. ADDITIONAL PAID-IN CAPITAL Pada 31 Desember 2015 dan 2014, saldo tambahan modal disetor terdiri atas: As of December 31, 2015 and 2014, the balance of additional paid-in capital consist of the following: US ’000 Agio saham dari penawaran umum Additional paid-in capital from Limited terbatas I dengan HMETD sebesar Public Offering I of 220,766,142 shares 220.766.142 saham biasa dengan through Rights Issue with preemptive nilai nominal Rp 1.000 per saham dan rights with par value of Rp 1,000 per share, harga penawaran Rp 6.750 per saham 109.018 at an offering price of Rp 6,750 per share Dikurangi biaya emisi saham 343 Less stock issuance costs Bersih 108.675 Net NOTES TO CONSOLIDATED FINANCIAL STATEMENTS DECEMBER 31, 2015, 2014 AND JANUARY 1, 2014 DECEMBER 31, 2013 AND FOR THE YEARS ENDED DECEMBER 31, 2015 AND 2014 Continued - 68 - 22. KEPENTINGAN NONPENGENDALI

22. NON-CONTROLLING INTERESTS

Saldo kepentingan nonpengendali atas aset bersih entitas anak, PT Redeco Petrolin Utama RPU pada tanggal 31 Desember 2015 dan 2014, masing-masing sebesar US 6.742 ribu dan US 7.574 ribu. As of December 31, 2015 and 2014, the balances of non controlling interest in net assets of a subsidiary, PT Redeco Petrolin Utama RPU, amounted to US 6,742 thousand and US 7,574 thousand, respectively. Kepentingan nonpengendali atas rugi bersih entitas anak, RPU untuk tahun yang berakhir pada 31 Desember 2015 sebesar US 81 ribu dan laba bersih entitas anak, RPU untuk tahun yang berakhir 31 Desember 2014 sebesar US 195 ribu. Non controlling interest in net loss of a subsidiary, RPU for the year ended December 31, 2015 amounted to US 81 thousand and net profit of a subsidiary, RPU, for the year ended December 31, 2014 amounted to US 195 thousand. Grup tidak memiliki kepentingan non pengendali yang material. The Group does not have material non controlling interest. 23. PENGHASILAN KOMPREHENSIF LAIN 23. OTHER COMPREHENSIVE INCOME Akun ini merupakan penjabaran mata uang asing akibat selisih kurs yang timbul atas penjabaran aset bersih RPU dan pengukuran kembali liabilitas imbalan pasti beserta pajak tangguhan atas liabilitas imbalan pasti tersebut. This account pertains to foreign currency translation due to the exchange difference arising from translating the net assets of RPU and remeasurement of defined benefit obligation with deferred tax of such defined benefit obligation. 24. PENDAPATAN BERSIH 24. NET REVENUES 2015 2014 US’000 US’000 Penjualan Sales Penjualan lokal Local sales Polyolefin 855.517 1.277.628 Polyolefin Styrene monomer 189.652 273.402 Styrene monomer Olefin 83.706 303.804 Olefin Butadiene 14.249 42.402 Butadiene Jumlah penjualan lokal 1.143.124 1.897.236 Total local sales Penjualan luar negeri Export sales Olefin 87.383 210.533 Olefin Styrene monomer 66.109 145.447 Styrene monomer Butadiene 63.685 176.483 Butadiene Polyolefin 13.446 25.218 Polyolefin Jumlah penjualan luar negeri 230.623 557.681 Total export sales Jumlah Penjualan 1.373.747 2.454.917 Total Sales Sewa tanki dan dermaga 3.826 5.134 Tanks and jetty rent Jumlah Pendapatan Bersih 1.377.573 2.460.051 Net Revenues 4,09 dan 6,46 dari pendapatan bersih tahun 2015 dan 2014 dilakukan dengan pihak berelasi Catatan 32. 4.09 and 6.46 of net revenues in 2015 and 2014, respectively, were made with related parties Note 32. Tidak terdapat pendapatan kepada satu pelanggan yang melebihi 10 dari pendapatan bersih untuk tahun yang berakhir pada 31 Desember 2015 dan 2014. No sales were made to any customers exceeding 10 of net revenues for the years ended December 31, 2015 and 2014. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS DECEMBER 31, 2015, 2014 AND JANUARY 1, 2014 DECEMBER 31, 2013 AND FOR THE YEARS ENDED DECEMBER 31, 2015 AND 2014 Continued - 69 - 25. BEBAN POKOK PENDAPATAN

25. COST OF REVENUES

2015 2014 US’000 US’000 Bahan baku yang digunakan 701.364 1.725.472 Raw materials used Tenaga kerja langsung 27.435 29.874 Direct labour Biaya pabrikasi 216.175 262.694 Factory overhead Jumlah Biaya Produksi 944.974 2.018.040 Total Manufacturing Costs Barang dalam proses Work in process Awal tahun 15.312 10.897 At beginning year Akhir tahun 10.854 15.312 At end of year Biaya Pokok Produksi 949.432 2.013.625 Cost of Goods Manufactured Barang jadi Finished goods Awal tahun 66.655 116.217 At beginning year Pembelian barang jadi 271.656 277.126 Purchases of finished goods Akhir tahun 57.959 66.655 At end of year Jumlah Beban Pokok Penjualan 1.229.784 2.340.313 Total Cost of Goods Sold Beban Jasa 2.060 2.274 Cost of Service Jumlah Beban Pokok Pendapatan 1.231.844 2.342.587 Total Cost of Revenues 29,58 dan 9,25 dari jumlah pembelian bahan baku dan barang jadi di tahun 2015 dilakukan dengan pihak berelasi Catatan 32. 29.58 and 9.25 of the total purchases of raw materials and finished goods, respectively, in 2015 were made with related parties Note 32. 39,63 dan 2,26 dari jumlah pembelian bahan baku dan barang jadi di tahun 2014 dilakukan dengan pihak berelasi Catatan 32. 39.63 and 2.26 of the total purchases of raw materials and finished goods in 2014 were made with related parties Note 32. Rincian pembelian bahan baku dan barang jadi yang melebihi 10 dari pendapatan bersih untuk tahun 2015 dan 2014 adalah sebagai berikut: Purchases of raw materials and finished goods from suppliers which represent more than 10 of the net revenues in 2015 and 2014 are as follow: 2015 US ’000 SCG Chemicals Co., Ltd. 224.359 SCG Chemicals Co., Ltd. Marubeni Petroleum Co., Ltd. 183.635 Marubeni Petroleum Co., Ltd. Jumlah 407.994 Total 2014 US ’000 SCG Chemicals Co., Ltd. 690.016 SCG Chemicals Co., Ltd. Marubeni Petroleum Co., Ltd. 381.402 Marubeni Petroleum Co., Ltd. Pertamina 284.135 Pertamina Jumlah 1.355.553 Total