Liquidity risk Continued Investor Relations | MPM MPM AR 2016 vF

LAPOrAn TAHunAn 2016 | PT MiTRa PinaSThika MuSTika Tbk 338 PT MITRA PINASTHIKA MUSTIKA Tbk DAN ENTITAS ANAK PT MITRA PINASTHIKA MUSTIKA Tbk AND SUBSIDIARIES CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN TAHUN BERAKHIR 31 DESEMBER 2016 DAN 2015 Lanjutan NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS YEARS ENDED 31 DECEMBER 2016 AND 2015 Continued Dalam jutaan Rupiah, kecuali dinyatakan khususIn millions of Rupiah, unless otherwise specified 36. ASET ATAU LIABILITAS MONETER NETO 36. NET MONETARY ASSETS OR LIABILITIES DALAM MATA UANG ASING DENOMINATED IN FOREIGN CURRENCIES Lanjutan Continued 31 DesemberDecember 2016 USD Setara Rupiah Rupiah equivalent Instrumen keuangan derivatif, jumlah nosional Catatan 15: Derivative financial instruments, notional amount Note 15: Kontrak cross currency-interest rate swap 38.707.592 520.075 Cross currency-interest rate swap contracts Kontrak foreign currency option 276.229.192 3.711.415 Foreign currency option contracts 314.936.784 4.231.490 Posisi neto 69.568.203 934.719 Net position 31 DesemberDecember 2015 USD Setara Rupiah Rupiah equivalent Aset: Assets: Kas dan setara kas 26.659.070 367.762 Cash and cash equivalents Piutang sewa pembiayaan 17.214.303 237.471 Finance lease receivables 43.873.373 605.233 Liabilitas: Liabilities: Utang usaha 4.807.643 66.321 Trade payables Pinjaman jangka panjang 130.580.086 1.801.352 Long-term borrowings Utang obligasi 199.626.467 2.753.847 Bonds payable 335.014.196 4.621.520 Liabilitas neto 291.140.823 4.016.287 Net liabilities Instrumen keuangan derivatif, jumlah nosional Catatan 15: Derivative financial instruments, notional amount Note 15: Kontrak cross currency-interest rate swap 70.245.508 969.037 Cross currency-interest rate swap contracts Kontrak foreign currency option 211.715.500 2.920.615 Foreign currency option contracts 281.961.008 3.889.652 Posisi neto 9.179.815 126.635 Net position Aset dan liabilitas dalam mata uang asing lainnya disajikan dalam jumlah yang setara dengan Dolar Amerika Serikat, dengan menggunakan kurs pada akhir periode pelaporan. Assets and liabilities denominated in other foreign currencies are presented in US Dollar equivalent using the exchange rate prevailing at the end of the reporting period. Pada tanggal 31 Desember 2016 and 2015, kurs nilai tukar yang digunakan adalah masing-masing sebesar Rp 13.436 Rupiah penuh dan Rp 13.795 Rupiah penuh untuk 1 Dolar Amerika Serikat “USD”. As at 31 December 2016 and 2015, the exchange rates used were Rp 13,436 whole Rupiah and Rp 13,795 whole Rupiah, respectively, for 1 United States Dollar “USD”. Apabila aset dan liabilitas dalam mata uang asing pada tanggal 31 Desember 2016 dan 2015 dijabarkan dengan menggunakan kurs tengah mata uang asing mendekati tanggal dimana laporan keuangan konsolidasian ini disetujui oleh manajemen untuk diterbitkan sebesar masing-masing Rp 13.3321 Dolar Amerika Serikat dan Rp 13.0291 Dolar Amerika Serikat, maka posisi neto mata uang asing Grup akan naik masing - masing sekitar Rp 7.235 dan Rp 7.032. If assets and liabilities in foreign currencies as of 31 Desember 2016 and 2015 had been translated using the middle rates near the dates when these consolidated financial statements were approved by management for issuance of Rp 13,332USD 1, and Rp 13,029USD 1, respectively, the net foreign currency position of the Group would have increased by approximately Rp 7,235 and Rp 7,032, respectively. AnnuAL rePOrT 2016 | PT MiTRa PinaSThika MuSTika Tbk 339 PT MITRA PINASTHIKA MUSTIKA Tbk DAN ENTITAS ANAK PT MITRA PINASTHIKA MUSTIKA Tbk AND SUBSIDIARIES CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN TAHUN BERAKHIR 31 DESEMBER 2016 DAN 2015 Lanjutan NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS YEARS ENDED 31 DECEMBER 2016 AND 2015 Continued Dalam jutaan Rupiah, kecuali dinyatakan khususIn millions of Rupiah, unless otherwise specified

37. PERISTIWA SETELAH TANGGAL NERACA

37. SUBSEQUENT EVENT

Pada tanggal 3 Februari 2017, Grup mengumumkan rencana untuk menjual 20 kepemilikannya di PT Mitra Pinasthika Mustika Finance “MPMF” kepada mitra strategisnya JACCS Co. Ltd., Jepang, kepentingan nonpengendali, yang pada tanggal 31 Desember 2016 memiliki 40 kepemilikan di MPMF. Rencana penjualan saham ini akan ditindaklanjuti dengan penandatanganan perjanjian definitif, termasuk memperoleh persetujuan terlebih dahulu dari seluruh pemangku kepentingan Perseroan, seperti Otoritas Jasa Keuangan OJK, para kreditur MPMF, juga kepatuhan terhadap hukum dan peraturan yang berlaku. On 3 February 2017, the Group announced its plan to sell its 20 ownership in PT Mitra Pinasthika Mustika Finance “MPMF” to its current strategic partner, JACCS Co. Ltd., Japan, a non controlling interest, that as at 31 December 2016 owns 40 ownership in MPMF. The shares sale plan is subject to the signing of definitive agreement and the approval of the Company’s stakeholders, the Indonesian Financial Services Authority OJK, and MPMF’s lenders, as well as compliance to the prevailing laws and regulations. 38. INFORMASI KEUANGAN KOMPARATIF 38. COMPARATIVE FINANCIAL INFORMATION Beberapa pos di laporan posisi keuangan konsolidasian pada tanggal 31 Desember 2015 telah direklasifikasi agar sesuai dengan penyajian laporan posisi keuangan konsolidasian pada tanggal 31 Desember 2016. Certain accounts in the consolidated financial position as of 31 December 2015 have been reclassified to conform with the presentation of the consolidated financial position as of 31 December 2016. 31 DesemberDecember 2015 Pelaporan sebelumnya As previously reported Reklasifikasi Reclassification Setelah reklasifikasi As reclassified ASET ASSETS ASET LANCAR CURRENT ASSETS Piutang usaha 936.935 63.079 873.856 Trade receivables Piutang premi - 63.079 63.079 Premium receivables Investasi di surat berharga - 14.207 14.207 Investment in securities Pembayaran dimuka lainnya 179.709 14.207 165.502 Other prepayments ASET TIDAK LANCAR NON-CURRENT ASSETS Aset reasuransi - 77.064 77.064 Reinsurance assets Pajak penghasilan yang dapat dikembalikan 117.166 88.038 205.204 Refundable income tax Tagihan restitusi pajak 88.038 88.038 - Claims for tax refund Aset tidak lancar lainnya 196.557 77.064 119.493 Other non-current assets LIABILITAS LIABILITIES LIABILITAS JANGKA PENDEK CURRENT LIABILITIES Utang usaha 1.060.039 37.647 1.022.392 Trade payables Utang reasuransi - 37.647 37.647 Reinsurance payables Utang lainnya 473.915 133.040 340.875 Other payables Pendapatan ditangguhkan - 71.168 71.168 Unearned income Estimasi liabilitas klaim - 61.872 61.872 Estimated claim liabilities