Program bagi laba dan bonus

Catatan atas Laporan Keuangan untuk 31 Desember 2005 dan 2004 PT International Nickel Indonesia Tbk Notes to the Financial Statements December 31, 2005 and 2004 PT International Nickel Indonesia Tbk 14 Pada tahun 2005, Perseroan juga mengubah kebijakan akuntansi untuk program imbalan manfaat pasti sebagai bagian dari penerapan Pernyataan Standar AKuntansi Keuangan PSAK 24 Revisi 2004 “Imbalan Kerja”. Menurut standar yang terbaru, Perseroan diwajibkan untuk mengakui semua imbalan kerja yang berlaku termasuk imbalan jangka pendek, imbalan paska kerja, imbalan jangka panjang lainnya, pesangon and imbalan kompensasi saham. Sebelumnya, Perseroan mengakui kewajiban imbalan kerja berdasarkan mana yang lebih tinggi antara kewajiban pension dan kewajiban menurut Undang – Undang Tenaga Kerja No. 132003 lihat Catatan 3.

3. Penyajian Kembali Laporan Keuangan

Seperti diungkapkan dalam Catatan 2.16, pada tahun 2005 Perseroan telah mengubah kebijakan akuntansi untuk penyusutan Aktiva Tetap, pelepasan Aktiva Tetap dan penerapan PSAK 24 Revisi 2004 “Imbalan Kerja”. Laporan Keuangan komparatif untuk tahun yang berakhir pada tanggal 31 Desember 2004 telah disajikan kembali sebagai berikut: In 2005, the Company also changed its accounting policy for its employee defined benefit plans following a 2004 revision of Statement of Accounting Standard PSAK 24 – Revised 2004 “Employee Benefits”. Under the new standard, the Company is required to recognize all applicable employee benefits including short term benefits, post employment benefits, other long term benefits, termination benefits and equity compensation benefits. Previously, the Company recognized its liability based on the benefit obligation provided under the Company’s existing pension program and the Labor Law No. 132003, whichever was higher refer to Note 3.

3. Restatements of Financial Statements

As disclosed in Note 2.16, during 2005 the Company changed its accounting policies for depreciation of Property, Plant and Equipment and the disposal of Property, Plant and Equipment and adopted PSAK 24 Revised 2004 “Employee Benefits”. The comparative financial statements as at and for the year ended December 31, 2004 have been restated as follows: Sebelum Setelah Penyajian Penyajian Kembali Kembali Penyesuaian Before After Adjustments Restatements Restatements Dalam ribuan Dollar AS US, in thousands Neraca Balance Sheets Aktiva Tetap, bersih 1.035.652 1.152.064 116.412 Property, Plant and Equipment, net Kewajiban Pajak Tangguhan 170.127 200.353 30.226 Deferred Tax Liabilities Kewajiban Imbalan Kerja 905 17.889 16.984 Provision for Employee Benefits Saldo Laba 633.854 703.056 69.202 Retained Earnings Laporan Laba Rugi Statements of Earnings Laba Kotor 399.799 434.906 35.107 Gross profit Beban Pajak Penghasilan 114.151 122.441 8.290 Income Tax Expense Laba Bersih 265.088 284.431 19.343 Net Earnings Termasuk sejumlah 7.475 dollar AS di reklasifikasi sebagai pendapatanbeban lain untuk tujuan penyajian komparatif lihat Catatan 37 Includes an amount of US 7,475 which has been reclasified as other incomeexpense for comparative purposes refer to Note 37

4. Kas dan Setara Kas

31 Desember 2005 2004 December 31 Dalam ribuan Dolar AS US, in thousands Kas 30 31 Cash on Hand Bank: Cash in Bank: Denominasi dalam Rupiah Denominated in Rupiah Bank Mandiri Persero Tbk 167 2.272 Bank Mandiri Persero Tbk Citigroup N.A. 585 317 Citigroup N. A. Bank Rakyat Indonesia Persero Tbk 711 960 Bank Rakyat Indonesia Persero Tbk Lainnya 187 81 Others Denominasi dalam Dolar AS Denominated in US Dollars JP Morgan Chase Bank 988 813 JP Morgan Chase Bank Citigroup N.A. 19.680 19.222 Citigroup N. A. Lainnya 755 1 Others Denominasi dalam Dolar Singapura Denominated in Singapore Dollars Citigroup N.A. 47 168 Citigroup N. A. Denominasi dalam Dolar Kanada Denominated in Canadian Dollars Citigroup N.A. 4 6 Citigroup N. A. 23.124 23.840

4. Cash and Cash equivalents