Fair Value continued Komitmen KKS Cooperation Contract Commitment

534 Laporan Tahunan PERTAMINA 2014 | PERTAMINA Annual Report 2014 PT PERTAMINA PERSERO DAN ENTITAS ANAKAND SUBSIDIARIES Lampiran 5167 Schedule CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN 31 DESEMBER 2014 DAN 2013 Dinyatakan dalam ribuan Dolar Amerika Serikat, kecuali dinyatakan lain NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS 31 DECEMBER 2014 AND 2013 Expressed in thousands of US Dollars, unless otherwise stated 46. KEBIJAKAN MANAJEMEN RISIKO lanjutan

46. RISK MANAGEMENT POLICY continued d. Nilai wajar lanjutan

d. Fair Value continued

Berikut aset keuangan Grup yang diukur sebesar nilai wajar pada 31 Desember 2014: The following are the Group’s financial assets that were measured at fair value at 31 December 2014: Tingkat 1 Tingkat 2 Tingkat 3 Jumlah Level 1 Level 2 Level 3 Total Aset keuangan Financial assets Investasi jangka pendek 33,889 - - 33,889 Short-term investments Investasi jangka panjang - - - - Long-term investments Jumlah aset keuangan 33,889 - - 33,889 Total financial assets Berikut nilai tercatat dan nilai wajar dari liabilitas keuangan jangka panjang pada tanggal 31 Desember 2014 dan 2013: The table below describes the carrying amounts and fair value of long-term financial liabilities that as at 31 December 2014 and 2013: Jumlah tercatat Nilai wajar Carrying amount Fair value 2014 2013 2014 2013 Liabilitas jangka panjang Long-term liabilities Catatan 18 3,843,733 2,784,922 3,406,460 2,844,320 Note 18 Utang obligasi Bonds payable Catatan 19 8,685,074 7,185,525 8,645,361 6,234,927 Note 19 Jumlah aset keuangan 12,528,807 9,970,447 12,051,821 9,079,247 Total financial assets Nilai wajar dari liabilitas jangka panjang dinilai menggunakan diskonto arus kas berdasarkan tingkat suku bunga yang dikenakan pada masing-masing liabilitas jangka panjang Perusahaan. Nilai wajar utang obligasi diestimasi menggunakan nilai kuotasi pasar pada tanggal pelaporan keuangan. The fair value of long-term liabilities is measured using the discounted cash flows based on the interest rate on the latest long- term liabilities by the Company. The fair value of bonds payable is estimated using the quoted market price at the reporting date.

47. PERJANJIAN, KOMITMEN DAN KONTINJENSI SIGNIFIKAN

47. SIGNIFICANT AGREEMENTS, COMMITMENTS AND CONTINGENCIES a. Komitmen KKS a. Cooperation Contract Commitment Sesuai dengan KKS, PT Pertamina EP wajib mengembalikan minimum 10 dari wilayah kerja awal kepada Pemerintah pada saat atau sebelum akhir tahun kontrak ke sepuluh sejak tanggal efektif KKS. In accordance with the Cooperation Contract, PT Pertamina EP shall surrender a minimum of 10 of the original contract area to the Government on or before the end of the tenth year from the effective date of the Cooperation Contract. PT Pertamina EP wajib membayar bonus kepada Pemerintah sejumlah US1.000 dalam 30 hari setelah produksi kumulatif minyak dan gas bumi mencapai 1.000 MMBOE sejak tanggal efektif KKS dan US1.500 dalam 30 hari setelah produksi kumulatif minyak dan gas bumi mencapai 1.500 MMBOE sejak tanggal efektif KKS. PT Pertamina EP is required to pay a bonus to the Government amounting to US1,000 in 30 days after cumulative production of oil and gas reaches 1,000 MMBOE from the effective date of the Cooperation Contract, and US1,500 in 30 days after cumulative production of oil and gas reaches 1,500 MMBOE from the effective date of the Cooperation Contract. Jumlah produksi kumulatif minyak dan gas bumi PT Pertamina EP hingga tanggal 31 Desember 2014 belum mencapai 1.000 MMBOE. PT Pertamina EPs cumulative production of oil and gas up to 31 Desember 2014 has not yet reached 1,000 MMBOE. 535 Laporan Tahunan PERTAMINA 2014 | PERTAMINA Annual Report 2014 PT PERTAMINA PERSERO DAN ENTITAS ANAKAND SUBSIDIARIES Lampiran 5168 Schedule CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN 31 DESEMBER 2014 DAN 2013 Dinyatakan dalam ribuan Dolar Amerika Serikat, kecuali dinyatakan lain NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS 31 DECEMBER 2014 AND 2013 Expressed in thousands of US Dollars, unless otherwise stated 47. PERJANJIAN, KOMITMEN DAN KONTINJENSI SIGNIFIKAN lanjutan 47. SIGNIFICANT AGREEMENTS, COMMITMENTS AND CONTINGENCIES continued b. Komitmen modal b. Capital commitments