BEBAN POKOK PENJUALAN COST OF GOODS SOLD

Indonesian language PT KINO INDONESIA Tbk DAN ENTITAS ANAK CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN Periode Tiga Bulan yang Berakhir Pada Tanggal 31 Maret 2017 Disajikan dalam Rupiah, kecuali dinyatakan lain Tidak Diaudit PT KINO INDONESIA Tbk AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS For the Three Months Period Ended March 31, 2017 Expressed in Rupiah, unless otherwise stated Unaudited 86 28. BEBAN PENJUALAN 28. SELLING EXPENSE Beban penjualan terdiri atas: Selling expenses consist of: 31 Maret 2017 31 Maret 2016 March 31, 2017 March 31, 2016 Iklan dan promosi 126.844.520.364 121.318.885.431 Advertising and promotion Gaji, upah dan tunjangan 35.012.712.728 35.720.614.417 Salaries, wages and allowances Pengiriman 22.575.985.965 28.106.559.598 Delivery Sewa 4.287.724.745 3.634.738.683 Rent Transportasi 1.821.193.885 1.727.341.841 Transportation Penyusutan Catatan 13 1.698.794.000 1.579.101.380 Depreciation Note 13 Lainnya di bawah Rp 1.000.000.000 3.401.005.302 3.223.677.094 Others under Rp 1,000,000,000 Total 195.641.936.989 195.310.918.444 Total 29. BEBAN UMUM DAN ADMINISTRASI 29. GENERAL AND ADMINISTRATIVE EXPENSE Beban umum dan administrasi terdiri dari: General and administrative expenses consists of: 31 Maret 2017 31 Maret 2016 March 31, 2017 March 31, 2016 Gaji, upah dan tunjangan 39.209.309.640 36.131.032.888 Salaries, wages and allowances Penyisihan penurunan nilai dan Allowance for impairment and persediaan usang Catatan 8 4.622.815.573 2.973.634.185 obsolescence of inventories Note 8 Sewa 4.417.448.048 3.850.302.005 Rent Imbalan kerja karyawan Catatan 21 4.211.980.474 3.051.008.916 Employee benefits Note 21 Penyusutan Catatan 13 2.728.909.299 2.379.226.703 Depreciation Note 13 Jasa profesional 2.466.002.201 1.524.710.669 Professional fees Pajak 2.055.028.706 1.751.696.149 Taxes Utilitas 1.576.925.426 1.555.635.619 Utilities Peralatan dan perlengkapan 1.132.383.162 1.438.331.823 Equipment and supplies Pemeliharaan dan perawatan 890.831.176 1.349.571.055 Repair and maintenance Lainnya di bawah Rp 1.000.000.000 5.227.577.683 4.258.558.169 Others under Rp 1,000,000,000 Total 68.539.211.388 60.263.708.181 Total 30. BEBAN BUNGA 30. INTEREST EXPENSE Perincian beban bunga berdasarkan sumber pendanaan terdiri dari: The details of interest expenses based on funding sources are as follows: 31 Maret 2017 31 Maret 2016 March 31, 2017 March 31, 2016 Utang bank jangka pendek Short-term bank loans Catatan 14 Note 14 PT Bank Sumitomo Mitsui Indonesia 4.623.749.997 2.538.566.666 PT Bank Sumitomo Mitsui Indonesia The Bank of Tokyo- The Bank of Tokyo- Mitsubishi UFJ, Ltd. 3.431.180.555 - Mitsubishi UFJ, Ltd. PT Bank Central Asia Tbk 3.377.268.172 3.422.031.715 PT Bank Central Asia Tbk PT Bank CIMB Niaga Tbk 2.974.545.912 4.275.566.363 PT Bank CIMB Niaga Tbk PT Bank DBS Indonesia 2.146.628.472 6.321.174.578 PT Bank DBS Indonesia PT Bank Danamon Indonesia Tbk - 2.732.239.695 PT Bank Danamon Indonesia Tbk PT Bank Index Selindo - 15.055.028 PT Bank Index Selindo Utang bank jangka panjang Long-term bank loans Catatan 18 Note 18 PT Bank CIMB Niaga Tbk 880.155.346 2.154.261.910 PT Bank CIMB Niaga Tbk PT Bank Central Asia Tbk 640.467.955 1.171.097.548 PT Bank Central Asia Tbk PT Bank Index Selindo - 40.544.073 PT Bank Index Selindo Utang pembiayaan konsumen Consumer financing payables Catatan 19 Note 19 PT BCA Finance 7.432.734 21.256.282 PT BCA Finance Lain-lain 9.768.437 10.391.425 Others Indonesian language PT KINO INDONESIA Tbk DAN ENTITAS ANAK CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN Periode Tiga Bulan yang Berakhir Pada Tanggal 31 Maret 2017 Disajikan dalam Rupiah, kecuali dinyatakan lain Tidak Diaudit PT KINO INDONESIA Tbk AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS For the Three Months Period Ended March 31, 2017 Expressed in Rupiah, unless otherwise stated Unaudited 87 30. BEBAN BUNGA lanjutan 30. INTEREST EXPENSE continued 31 Maret 2017 31 Maret 2016 March 31, 2017 March 31, 2016 Utang sewa pembiayaan Catatan 20 Finance lease payables Note 20 PT Orix Indonesia Finance 105.753.926 60.978.522 PT Orix Indonesia Finance PT BCA Finance 5.329.354 11.045.035 PT BCA Finance PT Dipo Star Finance 259.117 68.570.984 PT Dipo Star Finance Lain-lain 20.411.350 18.793.988 Others Total 18.222.951.327 22.861.573.812 Total 31. MANAJEMEN RISIKO KEUANGAN 31. FINANCIAL RISK MANAGEMENT Tingkat probabilitas risiko yang sangat potensial terjadi dari instrumen keuangan Grup adalah risiko pasar yaitu risiko mata uang asing dan tingkat suku bunga, risiko kredit, dan risiko likuiditas. Kebijakan akan pentingnya mengelola tingkat risiko ini telah meningkat secara signifikan dengan mempertimbangkan beberapa parameter perubahan dan volatilitas pasar keuangan baik di Indonesia maupun internasional. Direksi Grup menelaah dan menyetujui kebijakan risiko yang mencakup toleransi risiko dalam strategi mengelola risiko- risiko yang dirangkum di bawah ini. Potential risks arising from the Group’s financial instruments relates to market risk foreign currency exchange and interest rate risk, credit risk and liquidity risk. Policies of the importance of managing the risk level has increased significantly considering changes of several parameters and volatility of financial markets both in Indonesia and international. The Group’s Director reviews and approves risk policies covering the risk tolerance in the strategy to manage the risks which are summarized below. RISIKO PASAR MARKET RISK Risiko pasar adalah risiko dimana nilai wajar dari arus kas masa depan dari suatu instrumen keuangan akan berfluktuasi karena perubahan harga pasar. Grup dipengaruhi oleh risiko pasar, terutama risiko mata uang asing dan tingkat suku bunga. Market risk is the risk that the fair value of future cash flows of a financial instrument will fluctuate because of changes in market prices. The Group is affected by market risks, especially foreign currency exchange and interest rate risk. Risiko Mata Uang Asing Foreign Currency Exchange Risk Risiko mata uang adalah risiko dalam hal nilai wajar atau arus kas masa datang dari suatu instrumen keuangan akan berfluktuasi akibat perubahan nilai tukar mata uang asing. Eksposur Grup terhadap fluktuasi nilai tukar berasal dari kas dan setara kas, piutang usaha - neto, piutang lain-lain, deposito yang dibatasi penggunaannya, aset tidak lancar lainnya - uang jaminan, utang usaha, utang lain-lain, beban masih harus dibayar, utang pembiayaan konsumen dan utang sewa pembiayaan dalam mata uang asing. Currency risk is the risk in terms of fair value or future cash flows of a financial instrument will fluctuate because of changes in foreign currency exchange rates. Our exposure to exchange rate fluctuations from cash and cash equivalents, trade receivables - net, other receivables, restricted deposits, other non-current assets - refundable deposits, trade payables, other payables, accrued expenses, consumer financing payables and finance lease payables in foreign currency.