Inventories SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

PT. BHAKTI INVESTAMA Tbk DAN ANAK PERUSAHAAN PT. BHAKTI INVESTAMA Tbk AND ITS SUBSIDIARIES CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASI NOTES TO CONSOLIDATED FINANCIAL STATEMENTS 31 DESEMBER 2010 DAN 2009 SERTA UNTUK TAHUN- DECEMBER 31, 2010 AND 2009 AND TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT FOR THE YEARS THEN ENDED Angka dalam tabel dinyatakan dalam jutaan Rupiah - Lanjutan Figures in tables are stated in millions of Rupiah - Continued - 29 - Pembayaran sewa harus dipisahkan antara bagian yang merupakan beban keuangan dan bagian yang merupakan pengurangan dari kewajiban sewa sehingga mencapai suatu tingkat bunga yang konstan tetap atas saldo kewajiban. Beban keuangan dibebankan langsung ke laba rugi. Rental kontijen dibebankan pada periode terjadinya. Lease payments are apportioned between finance charges and reduction of the lease obligation so as to achieve a constant rate of interest on the remaining balance of the liability. Finance charges are charged directly to profit or loss. Contingent rentals are recognized as expense in the periods in which they are incurred. Pembayaran sewa operasi diakui sebagai beban dengan dasar garis lurus straight-line basis selama masa sewa, kecuali terdapat dasar sistematis lain yang dapat lebih mencerminkan pola waktu dari manfaat aset yang dinikmati pengguna. Sewa kontijen diakui sebagai beban di dalam periode terjadinya. Operating lease payments are recognized as an expense on a straight-line basis over the lease term, except where another systematic basis is more representative of the time pattern in which economic benefits from the leased asset are consumed. Contingent rentals arising under operating leases are recognized as an expense in the period in which they are incurred. Dalam hal insentif diperoleh dalam sewa operasi, insentif tersebut diakui sebagai kewajiban. Keseluruhan manfaat dari insentif diakui sebagai pengurangan dari biaya sewa dengan dasar garis lurus, kecuali terdapat dasar sistematis lain yang lebih mencerminkan pola waktu dari manfaat yang dinikmati pengguna. In the event that lease incentives are received to enter into operating leases, such incentives are recognised as a liability. The aggregate benefit of incentives is recognized as a reduction of rental expense on a straight-line basis, except where another systematic basis is more representative of the time pattern in which economic benefits from the leased asset are consumed. t. Beban Tangguhan t. Deferred Charges Biaya perolehan hak pengelolaan gedung, pengurusan legal hak atas tanah dan ditangguhkan dan diamortisasi dengan metode garis lurus sepanjang umur hukum hak atas tanah karena umur hukum hak atas tanah lebih pendek dari umur ekonominya. Costs related to the acquisition of property right and legal processing of landrights, were deferred and are being amortized using the straight-line method over the legal term of the landright since the legal term of the right is shorter than its economic life. Biaya pendidikan pilot ditangguhkan dan diamortisasi dengan metode garis lurus selama masa ikatan dinas pilot berkisar antara 3 – 5 tahun. Training costs for pilots are deferred and amortized using the straight-line method during pilot contract periods ranging from 3 to 5 years.

u. Saham Diperoleh Kembali

Jika Perusahaan memperoleh instrumen ekuitasnya yang telah dikeluarkan, instrumen ekuitas tersebut treasury stock harus dijadikan pengurang dari ekuitas. Keuntungan atau kerugian yang timbul dari pembelian, penjualan, penerbitan atau pembatalan instrumen ekuitas tersebut tidak dapat diakui dalam laporan laba rugi. Jumlah yang dibayarkan atau diterima diakui secara langsung dalam ekuitas.

u. Treasury Stock

If the Company reacquires its own equity instruments, those instruments treasury stock shall be deducted from equity. No gain or loss shall be recognized in the profit or loss on the puchase, sale, issue or cancellation of the Company’s own stocks. Consideration paid or received shall be recognized directly in equity. PT. BHAKTI INVESTAMA Tbk DAN ANAK PERUSAHAAN PT. BHAKTI INVESTAMA Tbk AND ITS SUBSIDIARIES CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASI NOTES TO CONSOLIDATED FINANCIAL STATEMENTS 31 DESEMBER 2010 DAN 2009 SERTA UNTUK TAHUN- DECEMBER 31, 2010 AND 2009 AND TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT FOR THE YEARS THEN ENDED Angka dalam tabel dinyatakan dalam jutaan Rupiah - Lanjutan Figures in tables are stated in millions of Rupiah - Continued - 30 -

v. Pengakuan Pendapatan dan Beban

Pendapatan diakui sebagai berikut:

v. Revenues and Expenses Recognition

Revenues are recognized as follows: 1 Pendapatan iklan diakui pada saat iklan ditayangkan. Jasa penyiaran program diakui pada saat dihasilkan selama periode pemberian jasa. Penerimaan dimuka untuk jasa yang belum diberikan ditangguhkan dan dilaporkan di neraca sebagai pendapatan belum diakui. Penjualan program diakui pada saat program diserahkan dan hak telah beralih kepada pelanggan. Pendapatan manajemen artis, penggunaan studio dan jasa layanan pesan singkat diakui pada saat jasa diberikan kepada pelanggan. Uang muka diterima atas iklan dan penggunaan studio dicatat sebagai pendapatan diterima dimuka. Pendapatan dari penjualan koran diakui pada saat koran dikirim. 1 Revenue from advertisement is recognized when the advertisement is aired. Program retransmission services are recognized as earned over the period the service are provided. Advances received for undelivered services are deferred and recorded as unearned revenues. Sale of program is recognized when the program is delivered and title has passed to the customer. Revenue from artists’ management, studio and short- messaging services is recognized when the services have been rendered. Advance received from advertisement and studio rental is recorded as unearned revenue. Revenue from sale of daily newspapers is recognized when daily newspapers are delivered. 2 Pendapatan dari jasa media pendukung dan infrastruktur diakui sebagai berikut: 2 Revenues from media support and infrastructure services are recognized as follows:  Pendapatan jasa prabayar terdiri dari penjualan paket perdana dan penjualan voucher pulsa isi ulang. Paket perdana terdiri dari kartu Removable User Identification Module RUIM dan pulsa. Penjualan kartu RUIM diakui sebagai pendapatan pada saat paket perdana diserahkan kepada distributor, agen atau pelanggan dan pulsa paket perdana dicatat sebagai pendapatan diterima dimuka dan diakui sebagai pendapatan berdasarkan pulsa yang digunakan oleh pelanggan. Penjualan voucher pulsa isi ulang kepada distributor, agen atau pelanggan dicatat sebagai pendapatan diterima dimuka dan diakui sebagai pendapatan pada saat jasa diserahkan berdasarkan pulsa yang digunakan oleh pelanggan atau pada saat voucher tersebut kadaluarsa.  Revenue from prepaid services consists of sale of starter packs and pulse reload vouchers. Starter packs consists of Removable User Identification Module RUIM card and preloaded pulse. Sale of RUIM cards is recognized as revenue upon delivery of the starter packs to distributors, agents or customers while the preloaded pulse is initially recorded as unearned revenue and then proportionately recognized as revenue when the related service is rendered based on usage of pulse by customer. Sale of pulse reload vouchers to distributors, agents and customers is initially recorded as unearned revenue and then recognized as revenue when the related service is rendered based on usage of pulse by customer or whenever the unused stored value of the vouchers has expired.