Penurunan SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued

are in the Indonesian language. PT ADI SARANA ARMADA Tbk DAN ENTITAS ANAKNYA CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN Tanggal 31 Maret 2017 dan Untuk Tiga Bulan yang Berakhir pada Tanggal Tersebut Disajikan dalam Rupiah, kecuali dinyatakan lain PT ADI SARANA ARMADA Tbk AND ITS SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS As of March 31, 2017 and For Three Months Ended Expressed in Rupiah, unless otherwise stated 22

2. IKHTISAR KEBIJAKAN

AKUNTANSI SIGNIFIKAN lanjutan

2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued

n. Pengakuan pendapatan

dan beban lanjutan n. Revenue and expense recognition continued Pendapatan dari sewa kendaraan, juru mudi dan autopool diakui secara proporsional selama masa sewa. Pendapatan dari jasa logistik diakui pada saat jasa diberikan. Pendapatan dari penjualan kendaraan bekas diakui pada saat penyerahan kendaraan bekas. Revenues from the lease of vehicles, driver fees and autopool are recognized proportionately over the lease term. Revenues from logistics services are recognized upon delivery of services. Revenues from the sale of used vehicles is recognized upon delivery of the vehicle. Pendapatan lelang diakui sebesar persentase tertentu dari nilai lelang, ketika Perusahaan telah berhasil menjual mobil lelang. Pendapatan administrasi lelang merupakan pendapatan dari pendaftaran peserta lelang. The auction fee is recognized on certain percentage of the total auction price, when the Company has sold the auction car successfully. Auction administration fee is registration revenue from auction participants. Beban diakui pada saat terjadinya accrual basis. Expenses are recognized when incurred accrual basis. Piutang atas pendapatan dari sewa yang diakui tetapi belum ditagih disajikan sebagai “Pendapatan Yang Belum Ditagih” dalam laporan posisi keuangan konsolidasian. Receivable on rental income from leases that is recognized but not yet billed are presented as “Unbilled Revenues” in the consolidated statement of financial position. Pendapatan sewa jangka panjang diterima dimuka disajikan sebagai “Pendapatan Diterima Dimuka” dalam laporan posisi keuangan konsolidasian, dan diakui sebagai pendapatan secara proporsional selama masa sewa. Unearned revenue from long-term rent presented as “Unearned Revenue” in the consolidated statement of financial position, and recognized as revenue proportionately over the lease term. o. Imbalan kerja karyawan o. Employee benefits Kelompok Usaha mengakui penyisihan imbalan kerja karyawan berdasarkan Undang- undang Ketenagakerjaan No. 132003 tanggal 25 Maret 2003 “Undang-undang”. The Group recognized provision for employee benefits under Labor Law No. 132003 dated March 25, 2003 the “Law”. Beban atas pemberian imbalan dalam program imbalan manfaat pasti ditentukan dengan metode Projected Unit Credit. The cost of providing benefits under the defined benefits plan is determined using the Projected Unit Credit method.