MODAL SAHAM CAPITAL STOCK

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS DECEMBER 31, 2015, 2014 AND JANUARY 1, 2014 DECEMBER 31, 2013 AND FOR THE YEARS ENDED DECEMBER 31, 2015 AND 2014 Continued - 69 - 25. BEBAN POKOK PENDAPATAN

25. COST OF REVENUES

2015 2014 US’000 US’000 Bahan baku yang digunakan 701.364 1.725.472 Raw materials used Tenaga kerja langsung 27.435 29.874 Direct labour Biaya pabrikasi 216.175 262.694 Factory overhead Jumlah Biaya Produksi 944.974 2.018.040 Total Manufacturing Costs Barang dalam proses Work in process Awal tahun 15.312 10.897 At beginning year Akhir tahun 10.854 15.312 At end of year Biaya Pokok Produksi 949.432 2.013.625 Cost of Goods Manufactured Barang jadi Finished goods Awal tahun 66.655 116.217 At beginning year Pembelian barang jadi 271.656 277.126 Purchases of finished goods Akhir tahun 57.959 66.655 At end of year Jumlah Beban Pokok Penjualan 1.229.784 2.340.313 Total Cost of Goods Sold Beban Jasa 2.060 2.274 Cost of Service Jumlah Beban Pokok Pendapatan 1.231.844 2.342.587 Total Cost of Revenues 29,58 dan 9,25 dari jumlah pembelian bahan baku dan barang jadi di tahun 2015 dilakukan dengan pihak berelasi Catatan 32. 29.58 and 9.25 of the total purchases of raw materials and finished goods, respectively, in 2015 were made with related parties Note 32. 39,63 dan 2,26 dari jumlah pembelian bahan baku dan barang jadi di tahun 2014 dilakukan dengan pihak berelasi Catatan 32. 39.63 and 2.26 of the total purchases of raw materials and finished goods in 2014 were made with related parties Note 32. Rincian pembelian bahan baku dan barang jadi yang melebihi 10 dari pendapatan bersih untuk tahun 2015 dan 2014 adalah sebagai berikut: Purchases of raw materials and finished goods from suppliers which represent more than 10 of the net revenues in 2015 and 2014 are as follow: 2015 US ’000 SCG Chemicals Co., Ltd. 224.359 SCG Chemicals Co., Ltd. Marubeni Petroleum Co., Ltd. 183.635 Marubeni Petroleum Co., Ltd. Jumlah 407.994 Total 2014 US ’000 SCG Chemicals Co., Ltd. 690.016 SCG Chemicals Co., Ltd. Marubeni Petroleum Co., Ltd. 381.402 Marubeni Petroleum Co., Ltd. Pertamina 284.135 Pertamina Jumlah 1.355.553 Total NOTES TO CONSOLIDATED FINANCIAL STATEMENTS DECEMBER 31, 2015, 2014 AND JANUARY 1, 2014 DECEMBER 31, 2013 AND FOR THE YEARS ENDED DECEMBER 31, 2015 AND 2014 Continued - 70 - 26. BEBAN PENJUALAN

26. SELLING EXPENSES

2015 2014 US ’000 US ’000 Pengangkutan dan asuransi 39.111 39.919 Freight and insurance Gaji dan tunjangan 1.296 1.158 Salaries and allowances Penyusutan Catatan 13 369 239 Depreciation Note 13 Lain-lain 899 1.223 Others Jumlah 41.675 42.539 Total 27. BEBAN UMUM DAN ADMINISTRASI 27. GENERAL AND ADMINISTRATIVE EXPENSES 2015 2014 US ’000 US ’000 Gaji, tunjangan dan kesejahteraan Salaries, allowances and employee karyawan 16.720 17.398 benefits Penyusutan Catatan 13 1.185 1.085 Depreciation Note 13 Jasa profesional 1.134 1.646 Professional fees Lain-lain 5.793 4.609 Others Jumlah 24.832 24.738 Total 28. BEBAN KEUANGAN 28. FINANCE COSTS 2015 2014 US ’000 US ’000 Beban bunga dari: Interest expense on: Utang bank 13.837 23.875 Bank loans Lain-lain 1.579 1.109 Others Jumlah bunga atas liabilitas keuangan yang tidak diklasifikasikan Total interest on financial liabilities sebagai FVTPL 15.416 24.984 not classified as at FVTPL Provisi bank 5.545 5.756 Bank charges Pajak atas beban bunga 1.576 1.202 Tax on interest expense Jumlah 22.537 31.942 Total Penyelesaian neto atas bunga liabilitas keuangan FVTPL disajikan sebagai bagian dari “keuntungan kerugian atas instrumen keuangan derivatif”. Net settlement of interest on financial liabilities classified as at FVTPL is presented as part of “gain loss on derivative financial instruments”. Disajikan kembali As restated