UTANG BANK lanjutan BANK LOANS continued PT Bank

Indonesian language. PT WISMILAK INTI MAKMUR TBK DAN ENTITAS ANAK CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN Berakhir pada Tanggal-tanggal 31 Maret 2013 dan 31 Desember 2012 Disajikan dalam Rupiah, kecuali Dinyatakan Lain PT WISMILAK INTI MAKMUR TBK AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS Ended March 31, 2013 and December 31, 2012 Expressed in Rupiah, unless Otherwise Stated Lampiran 533 Schedule 14. UTANG BANK lanjutan 14. BANK LOANS continued 3. PT Bank Danamon Indonesia Tbk 3. PT Bank Danamon Indonesia Tbk Entitas anak PT Gelora Djaja Subsidiary PT Gelora Djaja Utang Bank Jangka Pendek Short-term Bank Loan Berdasarkan Akta Notaris J. Andy Hartanto, S.H., No. 23 tanggal 4 Maret 2010, PT Gelora Djaja melakukan perjanjian kredit dengan PT Bank Danamon Indonesia Tbk. Perjanjian kredit tersebut diubah dari waktu ke waktu. Perubahan terakhir berdasarkan Perubahan dan Perpanjangan Perjanjian Kredit No. 174PPPWKCBDX2012 tanggal 12 Oktober 2012, untuk memperpanjang jangka waktu kredit hingga 14 Oktober 2013 dan adanya ketentuan-ketentuan khusus terkait pemberian kredit fasilitas tersebut. Tingkat suku bunga efektif yang dibebankan untuk fasilitas ini adalah sebesar 10,25 per tahun. Fasilitas kredit ini digunakan untuk pembiayaan keperluan modal kerja dan penerbitan letter of credit impor untuk pembelian bahan baku antara lain tembakau dan saus tembakau dan suku cadang. Fasilitas kredit tersebut terdiri dari: Based on Notarial Deed of J. Andy Hartanto, S.H., No. 23 dated March 4, 2010, PT Gelora Djaja entered into a loan agreement with PT Bank Danamon Indonesia Tbk. The loan agreement has been amended several times. The latest amendment was made on October 12, 2012 based on Amendment and Renewal of Credit Loan Agreement No. 174PPPWKCBDX2012, covering changes in period of time of loan that will mature on October 14, 2013 and negative covenant related with the loan agreement. The effective interest rate for this facility is 10.25 per annum. The facilities will be used for working capital and issuance letter of credit for raw materials purchase such as tobacco and tobacco sauce and spare parts. The facilities of this credit are as follows: - Fasilitas Omnibus revolving loan dengan nilai maksimal sebesar Rp170.000.000.000. Fasilitas kredit tersebut memiliki sub limit penggunaan berupa Bank Garansi sebesar Rp170.000.000.000 atau Letter of Credit impor sebesar USD17.000.000. Jangka waktu penggunaan bank garansi selama 360 hari dan untuk letter of credit impor selama 180 hari. Pada tanggal 31 Maret 2013 dan 31 Desember 2012, saldo untuk pinjaman ini sebesar Rp62.975.000.000 dan Rp170.000.000.000. - Omnibus Facility revolving loan with maximum credit amounting to Rp170,000,000,000. This facility has sub-limits which are Bank Guarantee amounting to Rp170,000,000,000 or Letter of Credit for import purpose amounting to USD17,000,000. Usage period for a bank guarantee is 360 days and for letters of credit is 180 days. As of March 31, 2013 and December 31, 2012, the outstanding loan balance for this facility amounted to Rp62,975,000,000 and Rp170,000,000,000, respectively. - Kredit Rekening Koran digunakan untuk pembiayaan keperluan modal kerja dengan nilai maksimal sebesar Rp5.000.000.000. Pada tanggal 31 Maret 2013 tidak terdapat saldo untuk pinjaman ini dan 31 Desember 2012 saldo untuk pinjaman ini sebesar Rp3.033.773.477. - Bank Overdraft Facility is used for working capital with maximum credit facility amounting to Rp5,000,000,000. As of March 31, 2013 has no amounts were outstanding loan balance for this facility and as of December 31, 2012 the outstanding loan balance for this facility amounted to Rp3.033.773.477. Jaminan atas fasilitas di atas berupa persediaan tembakau dan cengkeh PT Gelora Djaja, piutang usaha PT Gelora Djaja dan jaminan Perusahaan dari PT Gawih Jaya. The collaterals of the above facilities are secured by PT Gelora Djaja’s tobacco and cloves, PT Gelora Djaja’s trade receivables and corporate guarantee from PT Gawih Jaya. Indonesian language. PT WISMILAK INTI MAKMUR TBK DAN ENTITAS ANAK CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN Berakhir pada Tanggal-tanggal 31 Maret 2013 dan 31 Desember 2012 Disajikan dalam Rupiah, kecuali Dinyatakan Lain PT WISMILAK INTI MAKMUR TBK AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS Ended March 31, 2013 and December 31, 2012 Expressed in Rupiah, unless Otherwise Stated Lampiran 534 Schedule Nilai jaminan untuk jaminan tersebut diatas sebesar 100 dari jumlah yang terhutang outstanding pinjaman berdasarkan fasilitas kredit. Total amount of the above collaterals comprises 100 from outstanding loan according to credit facilities. Berdasarkan perpanjangan perjanjian kredit, PT Gelora Djaja diharuskan untuk mempertahankan rasio keuangan seperti current ratio minimum sebesar 1,25 kali, debt to equity ratio maksimum sebesar 2 kali, debt service coverage ratio minimum 1 kali dan jumlah piutang dan persediaan milik PT Gelora Djaja harus lebih besar dari jumlah utang bank. Based on the extended loan agreement, PT Gelora Djaja should maintain the financial ratio such as current ratio minimum of 1.25 times, debt to equity ratio maximum of 2 times, debt service coverage ratio minimum of 1 time and the sum of receivables and inventories owned by PT Gelora Djaja should be more than total outstanding loan balance. Manajemen PT Gelora Djaja berpendapat bahwa seluruh rasio telah dipenuhi pada tanggal laporan posisi keuangan konsolidasian. PT Gelora Djaja’s management is of the opinion that all ratios are met as of consolidated statements of financial position date. 4. PT Bank Central Asia Tbk 4. PT Bank Central Asia Tbk Perusahaan The Company Utang Bank Jangka Panjang Long-term Bank Loan Berdasarkan Perjanjian Kredit No. 5 tanggal 1 Maret 2011, Perusahaan melakukan perjanjian kredit dengan PT Bank Central Asia Tbk BCA untuk fasilitas kredit investasi dengan jumlah maksimum kredit sebesar Rp5.000.000.000. Fasilitas ini digunakan untuk pembelian mesin filter rokok. Fasilitas ini berlaku mulai tanggal 1 Maret 2011 atau tanggal lain sesuai perjanjian BCA dengan Perusahaan termasuk 9 bulan grace period dan akan jatuh tempo pada tanggal 1 Maret 2016. Tingkat bunga efektif yang dibebankan sebesar 10,50 per tahun. Pada tanggal 31 Maret 2013 dan 31 Desember 2012, saldo utang pinjaman ini masing-masing sebesar Rp3.528.178.856 dan Rp3.822.193.760. Based on Loan Agreement No. 5, dated on March 1, 2011, the Company entered into a loan agreement with PT Bank Central Asia Tbk BCA for an Investment credit facility with total maximum credit of Rp5,000,000,000. The facility was used to purchase cigarette filter machine. This facility is applicable starting from March 1, 2011 or other date according to the agreement of BCA and the Company with 9 months grace period and will mature on March 1, 2016. Interest rate is 10.50 per annum. As of March 31, 2013 and December 31, 2012, the outstanding balance for this facility amounted to Rp3,528,178,856 and Rp3.822.193.760, respectively. Jaminan atas fasilitas kredit investasi tersebut berupa 1 unit mesin produksi filter AFKDF 2 400 mmin filter maker with hand catcher, filter diameter 6,95 mm, panjang 120 mm milik Perusahaan yang terletak di Surabaya beserta seluruh perlengkapannya yang tersimpan di Jl. Buntaran 9A, Tandes, Surabaya. The collateral of the above facility is 1 unit machine filter AFKDF 2 400 mmin filter maker with hand catcher, filter diameter at 6.95 mm, filter length at 120 mm that belongs to the Company which is located in Surabaya and all the supplies which are located at Jl. Buntaran 9A, Tandes, Surabaya. 14. UTANG BANK lanjutan 14. BANK LOANS continued