TRADE RECEIVABLES continued Financial Information | Perusahaan Gas Negara Persero Tbk PT

The original consolidated financial statements included herein are in the Indonesian language. PT PERUSAHAAN GAS NEGARA PERSERO TBK DAN ENTITAS ANAKNYA CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN 31 Desember 2015 dan Tahun Yang Berakhir Pada Tanggal Tersebut Disajikan dalam Dolar AS, Kecuali Dinyatakan Lain PT PERUSAHAAN GAS NEGARA PERSERO TBK AND ITS SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS December 31, 2015 and The Year Then Ended Expressed in US Dollar, Unless Otherwise Stated 98

12. PIUTANG LAIN-LAIN

JANGKA PANJANG lanjutan 12. OTHER LONG-TERM RECEIVABLES continued Berdasarkan perjanjian Farm Out Bangkanai PSC tanggal 11 Maret 2013, SBK akan melakukan pembayaran carry kepada Salamander Energy Bangkanai Limited atas biaya pengembangan sebesar US30.000.000, biaya pengeboran di sumur West Kerendan-1 sebesar US5.600.000, dan biaya pengeboran sumur eksplorasi selanjutnya sebesar US1.500.000 di blok tersebut. Sampai tanggal 31 Desember 2014, jumlah yang telah dibayarkan oleh SBK sebesar US35.600.000. Selama tahun 2015, tidak ada tambahan pembayaran carry oleh SBK. SBK dapat memulihkan biaya pengembangan dan pengeboran tersebut pada saat aktivitas produksi, dengan nilai maksimum sebesar jumlah tersebut di atas. Based on Farm Out Agreement of Bangkanai PSC dated March 11, 2013, SBK will pay carry to Salamander Energy Bangkanai Limited amounted to US30,000,000 for development costs, US5,600,000 for drilling cost in West Kerendan-1 Well and US1,500,000 for the next exploration drilling cost in such block. Until December 31, 2014, the amount paid by SBK was US35,600,000. There was no additional carry payment made by SBK during 2015. SBK can recover the development and drilling cost during the production activities, to a maximum of the above amounts. Pada tanggal 12 Februari 2014, PT Saka Energi Muara Bakau “SEMB” - entitas anak, melakukan perjanjian jual beli 11,6 participating interest di Muara Bakau PSC dengan GDF SUEZ Exploration Indonesia B.V. Persetujuan dari Pemerintah Indonesia dan SKKMIGAS telah diperoleh pada tanggal 12 Januari 2015 dan 4 Februari 2015. Berdasarkan Carry Agreement Muara Bakau PSC tanggal 12 Februari 2014, SEMB akan melakukan pembayaran carried cost kepada GDF Suez Exploration Indonesia B.V. atas biaya pengembangan sumur Jangkrik. Sampai dengan 31 Desember 2015, jumlah yang telah dibayarkan oleh SEMB adalah sebesar US178.451.512. On February 12, 2014, PT Saka Energi Muara Bakau “SEMB” - a subsidiary, signed a sale and purchase agreement of 11.6 participating interest in Muara Bakau PSC with GDF SUEZ Exploration Indonesia B.V. Approval from Government of Indonesia and SKKMIGAS are obtained on January 12, 2015 and February 4, 2015. Based on Carry Agreement of Muara Bakau PSC dated on February 12, 2014, SEMB should make payments of carried cost to GDF Suez Exploration Indonesia B.V. for Jangkrik development. As of December 31, 2015, the amount paid by SEMB is US178,451,512. Piutang dari Kuwait Foreign Petroleum Exploration Company K.S.C. Closed KUFPEC merupakan piutang sehubungan dengan beban pajak yang terutang di SIP yang ditanggung oleh KUFPEC sesuai dengan Perjanjian Jual Beli KUFPEC Indonesia Pangkah B.V. antara SEI dengan KUFPEC tanggal 24 April 2013. Receivables from Kuwait Foreign Petroleum Exploration Company K.S.C. Closed KUFPEC represent tax expense incurred in SIP which will be borne by KUFPEC based on Sales Purchase Agreement of KUFPEC Indonesia Pangkah B.V. between SEI with KUFPEC dated April 24, 2013. Manajemen Kelompok Usaha berpendapat bahwa saldo seluruh piutang tersebut dapat ditagih sehingga tidak diperlukan cadangan kerugian penurunan nilai. The management of the Group believes that all of the receivables are collectible. Hence, no allowance for impairment losses is required. The original consolidated financial statements included herein are in the Indonesian language. PT PERUSAHAAN GAS NEGARA PERSERO TBK DAN ENTITAS ANAKNYA CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN 31 Desember 2015 dan Tahun Yang Berakhir Pada Tanggal Tersebut Disajikan dalam Dolar AS, Kecuali Dinyatakan Lain PT PERUSAHAAN GAS NEGARA PERSERO TBK AND ITS SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS December 31, 2015 and The Year Then Ended Expressed in US Dollar, Unless Otherwise Stated 99 13. PENYERTAAN SAHAM 13. INVESTMENTS IN SHARES OF STOCKS Akun ini terdiri dari: This account consists of: 31 Des. 2015Dec. 31, 2015 Persentase Nilai tercatat Penambahan Bagian Nilai tercatat kepemilikan 1 Jan. 2015 Additions laba 31 Des. 2015 Percentage Carrying amount Pengurangan Share of Carrying amount of ownership Jan. 1, 2015 Deductions profit Dec. 31, 2015 Ventura BersamaJoint Ventures PT Transportasi Gas Indonesia Catatan 35Note 35 59,87 238.438.080 35.922.000 18.542.909 221.058.989 PT Nusantara Regas Catatan 35Note 35 40,00 110.098.694 30.906.198 30.237.775 109.430.271 Entitas asosiasiassociates Metode ekuitasEquity method PT Gas Energi Jambi Catatan 35Note 35 40,00 - - - - Metode biaya perolehanCost method PT Banten Gas Synergy 0,14 2.718 - - 2.718 TotalTotal 348.539.492 66.828.198 48.780.684 330.491.978 Kelompok usaha tidak mengakui bagiannya atas perubahan aset bersih entitas ventura bersama yang berasal dari penghasilan komprehensif lain karena jumlahnya tidak material. The Group did not recognize its share on the changes in the joint ventures entities’ net asset arising from other comprehensive income due to the amounts are not material. 31 Des. 2014 Disajikan Kembali - Catatan 4 Dec. 31, 2014 As Restated -Note 4 Persentase Nilai tercatat Penambahan Bagian Nilai tercatat kepemilikan 1 Jan. 2014 Additions laba 31 Des. 2014 Percentage Carrying amount Pengurangan Share of Carrying amount of ownership Jan. 1, 2014 Deductions profit Dec. 31, 2014 Metode ekuitasEquity method Ventura BersamaJoint Ventures PT Transportasi Gas Indonesia Catatan 35Note 35 59,87 219.351.413 15.626.070 34.712.738 238.438.081 PT Nusantara Regas Catatan 35Note 35 40,00 95.328.592 16.136.097 30.906.198 110.098.693 Entitas asosiasiassociates Metode ekuitasEquity method PT Gas Energi Jambi Catatan 35Note 35 40,00 - - - - Metode biaya perolehanCost method PT Banten Gas Synergy 0,14 2.718 - - 2.718 TotalTotal 314.682.723 31.762.167 65.618.936 348.539.492