Goodwill Goodwill SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

PT. GLOBAL MEDIACOM Tbk DAN ENTITAS ANAK CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN 31 DESEMBER 2014 DAN 2013 SERTA UNTUK TAHUN-TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT – Lanjutan Angka dalam tabel dinyatakan dalam jutaan Rupiah PT. GLOBAL MEDIACOM Tbk AND ITS SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS DECEMBER 31, 2014 AND 2013 AND FOR THE YEARS THEN ENDED – Continued Figures in tables are stated in millions of Rupiah - 48 - Mutasi cadangan kerugian penurunan nilai Movement in allowance for impairment losses 2014 2013 Saldo awal 98.007 76.758 Beginning balance Penambahan tahun berjalan 11.469 26.825 Addition during the year Penghapusan tahun berjalan 17.921 2.984 Write off during the year Pemulihan tahun berjalan - 2.592 Recovery during the year Saldo akhir 91.555 98.007 Ending balance Dalam menentukan pemulihan dari piutang usaha, Grup mempertimbangkan setiap perubahan dalam kualitas kredit dari piutang usaha dari tanggal awalnya kredit diberikan sampai dengan akhir periode pelaporan. Konsentrasi risiko kredit terbatas karena basis pelanggan besar dan tidak saling berhubungan. In determining the recoverability of a trade receivable, the Group considers any change in the credit quality of the trade receivable from the date credit was initially granted up to the end of the reporting period. The concentration of credit risk is limited because the customer base is large and unrelated. Cadangan kerugian penurunan nilai diakui untuk piutang usaha yang menurut pendapat manajemen tidak dapat lagi dipulihkan berdasarkan pengalaman historis dari kondisi keuangan pelanggan. Allowance for impairment loss was recognized for trade accounts receivable which management believes are no longer recoverable based on historical experience of the financial condition of the customers. Berdasarkan penelaahan atas kolektibilitas masing-masing piutang usaha pada akhir periode, manajemen berpendapat bahwa cadangan kerugian penurunan nilai atas piutang usaha kepada pihak ketiga adalah cukup karena tidak terdapat perubahan signifikan terhadap kualitas kredit atas piutang. Tidak diadakan cadangan kerugian penurunan nilai atas piutang usaha kepada pihak berelasi karena manajemen berpendapat seluruh piutang tersebut dapat ditagih. Based on the review of the collectibility of trade accounts receivable at the end of each period, management believes that the allowance for impairment losses for trade accounts receivable from third parties is sufficient because there are no significant changes in credit quality of the receivables. No allowance for impairment loss was provided on trade accounts receivable from related parties as management believes that all such receivables are collectible. Piutang usaha tertentu milik entitas anak digunakan sebagai jaminan untuk pinjaman jangka panjang Catatan 20. Certain accounts receivable of subsidiaries were used as collateral for long-term loans Note 20. 8. PIUTANG LAIN-LAIN KEPADA PIHAK KETIGA 8. OTHER ACCOUNTS RECEIVABLE FROM THIRD PARTIES 31 Desember 31 Desember December 31, December 31, 2014 2013 Pihak ketiga Third parties Media berbasis iklan 206.995 329.565 Advertising based media Media berbasis pelanggan 17.527 52.435 Subscribers based media Penjualan melalui media 54 417 Media shopping Lainnya 61.425 88.950 Others Jumlah 286.001 471.367 Total Cadangan kerugian penurunan nilai 18.352 33.849 Allowance for impairment losses Bersih 267.649 437.518 Net PT. GLOBAL MEDIACOM Tbk DAN ENTITAS ANAK CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN 31 DESEMBER 2014 DAN 2013 SERTA UNTUK TAHUN-TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT – Lanjutan Angka dalam tabel dinyatakan dalam jutaan Rupiah PT. GLOBAL MEDIACOM Tbk AND ITS SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS DECEMBER 31, 2014 AND 2013 AND FOR THE YEARS THEN ENDED – Continued Figures in tables are stated in millions of Rupiah - 49 - Berdasarkan penelaahan atas kolektibilitas masing-masing piutang lain-lain pada akhir periode, manajemen berpendapat bahwa cadangan kerugian penurunan nilai atas piutang lain-lain adalah cukup karena tidak terdapat perubahan signifikan terhadap kualitas kredit atas piutang. Based on the review of the collectibility of other accounts receivable at the end of each period, management believes that the allowance for impairment losses for other accounts receivable is sufficient because there are no significant changes in credit quality of the receivables. 9. PERSEDIAAN 9. INVENTORIES 31 Desember 31 Desember December 31, December 31, 2014 2013 Program Program Persediaan lokal 2.981.580 2.102.376 Inventory local Persediaan impor 724.526 1.255.612 Inventory import Subjumlah 3.706.106 3.357.988 Subtotal Dikurangi yang dibebankan Less charges to current year pada tahun berjalan 2.105.043 2.013.903 expense Bersih 1.601.063 1.344.085 Net Non Program Non Program Antena, dekoder dan aksesoris 401.662 440.030 Antenna, decoder and accessories Infrastruktur telekomunikasi Telecommunication infrastructure dan teknologi informasi 33.580 8.552 and information technology Kertas, tabloid dan kaset 2.281 848 Paper, tabloid and cassette Lainnya 170 9.930 Others Subjumlah 437.693 459.360 Subtotal Jumlah 2.038.756 1.803.445 Total Pada tanggal 31 Desember 2014 dan 2013, persediaan non program antena, dekoder dan aksesoris diasuransikan bersamaan dengan aset tetap Catatan 13. Manajemen berpendapat bahwa persediaan tersebut telah diasuransikan dengan jumlah pertanggungan memadai. As of December 31, 2014 and 2013, non program inventories antenna, decoder and accessories, were insured along with property and equipment Note 13. Management believes that the insurance coverage is adequate to cover possible losses on the inventories insured. Persediaan program tidak diasuransikan terhadap risiko kerugian atas kebakaran atau pencurian karena nilai wajar persediaan tidak dapat ditentukan untuk tujuan asuransi. Bila terjadi kebakaran atau pencurian atas persediaan program, Grup dapat meminta kembali salinan film dari distributor selama film tersebut belum ditayangkan dan masa berlakunya belum berakhir. Inventories for programs were not insured against fire and theft because the fair value of inventories could not be established for the purpose of insurance. In the event of fire and theft, the Group can request a new copy of the film from distributor, as long as the film is not yet aired and has not yet expired. Pada tanggal 31 Desember 2014 dan 2013, tidak terdapat indikasi adanya penurunan nilai persediaan. As of December 31, 2014 and 2013, there was no indication of impairment in value of inventories.