Rp204,182,168,151. Tigaraksa Satria | Investor Info of PT Tigaraksa Satria Tbk.

the Indonesian language. PT TIGARAKSA SATRIA Tbk DAN ENTITAS ANAKNYA CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN Tahun yang Berakhir pada Tanggal 31 Desember 2015 Disajikan dalam Rupiah, kecuali dinyatakan lain PT TIGARAKSA SATRIA Tbk AND ITS SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS Year Ended December 31, 2015 Expressed In Rupiah, unless otherwise stated 49 14. HUTANG BANK DAN CERUKAN lanjutan 14. BANK LOANS AND OVERDRAFT continued The Hongkong and Shanghai Banking Corporation Limited HSBC lanjutan The Hongkong and Shanghai Banking Corporation Limited HSBC continued Pada bulan Juni 2014, jumlah fasilitas kredit dinaikkan menjadi Rp500.000.000.000 dengan tingkat suku bunga sebesar 3,95 per tahun di bawah Best Lending Rate. Pinjaman ini dijamin dengan persediaan barang dagang sebesar Rp500.000.000.000 Catatan 8 yang diikat secara fidusia. In June 2014, the credit facility was increased to a total amount of Rp500,000,000,000 with interest at 3.95 per annum below the Best Lending Rate. The loan is secured by the Company’s inventories of Rp500,000,000,000 Note 8 which are covered by fiduciary agreement. Pada bulan Juni 2015, jumlah fasilitas kredit diturunkan menjadi Rp300.000.000.000 dengan tingkat suku bunga sebesar 4,00 per tahun di bawah Best Lending Rate yang saat ini sebesar 14,45 per tahun, dan akan berfluktuasi sesuai kebijakan Bank atau berkisar antara 9,70 - 11,00 per tahun 2014 : 8,40 - 10,50 per tahun. Fasilitas ini dijamin dengan persediaan barang sebesar Rp300.000.000.000 yang diikat secara fidusia. In June 2015, the credit facility was decreased to a total amount of Rp300,000,000,000 with interest at 4.00 per annum below the Best Lending Rate which is currently at 14.45 per annum, and will fluctuate according to the Bank Policy or ranging between 9.70 - 11.00 per annum 2014: 8.40 - 10.50 per annum. This facility is secured by the Company’s inventories of Rp300,000,000,000 which are covered by fiduciary agreement. Pinjaman tersebut mengharuskan Perusahaan untuk menjaga Current Ratio minimum 1,1x, Interest Coverage Ratio minimum 2,0x, Gearing Ratio maksimal 1,5x, Dividend Payout Ratio maksimum 50 dari laba ditahan. Selain itu, Perusahaan diharuskan untuk melakukan penerimaan atas 10 piutang usaha melalui rekening bank HSBC. Fasilitas ini akan berakhir pada 30 April 2016. This facility requires the Company to maintain Current Ratio at a minimum of 1.1x, Interest Coverage Ratio at a minimum of 2.0x, Gearing Ratio at a maximum of 1.5x, and Dividend Payout Ratio at a maximum of 50 of the retained earnings. In addition, the Company is required to receive 10 collections of the trade receivables through the HSBC bank account. This facility will expire on April 30, 2016. PT Bank Sumitomo Mitsui Indonesia Pada bulan Agustus 2015, Perusahaan memperoleh fasilitas kredit sebesar Rp100.000.000.000 dengan tingkat suku bunga mengambang sebesar JIBOR + 2,70 per tahun atau berkisar antara 9,68 - 9,78 per tahun di tahun 2015 dan dijamin dengan persediaan barang dagang Perusahaan senilai Rp100.000.000.000 yang diikat secara fidusia. PT Bank Sumitomo Mitsui Indonesia In August 2015, the Company obtained credit facility amounting to Rp100,000,000,000 with floating interest at JIBOR + 2.70 per annum or ranging from 9.68 - 9.78 per annum in 2015, and is secured by the Company’s inventories in the amount of Rp100,000,000,000 which are covered by fiduciary agreement. Pinjaman tersebut mengharuskan Perusahaan untuk menjaga Current Ratio minimum 1,2x, Debt to EBITDA Ratio maksimum 3,9x, dan Debt Service Coverage Ratio minimum 1,2x. The loan requires the Company to maintain Current Ratio at a minimum of 1.2x, Debt to EBITDA Ratio at a maximum of 3.9x, and Debt Service Coverage Ratio at a minimum of 1.2x. Fasilitas ini akan berakhir pada tanggal 31 Agustus 2016. This facility will expire on August 31, 2016. the Indonesian language. PT TIGARAKSA SATRIA Tbk DAN ENTITAS ANAKNYA CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN Tahun yang Berakhir pada Tanggal 31 Desember 2015 Disajikan dalam Rupiah, kecuali dinyatakan lain PT TIGARAKSA SATRIA Tbk AND ITS SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS Year Ended December 31, 2015 Expressed In Rupiah, unless otherwise stated 50 14. HUTANG BANK DAN CERUKAN lanjutan 14. BANK LOANS AND OVERDRAFT continued The Bank of Tokyo Mitsubishi UFJ, Ltd., Cabang Jakarta Pada bulan Oktober 2014, Perusahaan memperoleh fasilitas kredit tanpa komitmen sebesar Rp50.000.000.000 dengan tingkat suku bunga sebesar 10,50 per tahun. Fasilitas ini berakhir pada tanggal 21 Oktober 2015 dan diperpanjang sampai dengan tanggal 22 Oktober 2016. Pinjaman ini dijamin dengan persediaan barang dagang Perusahaan sebesar Rp50.000.000.000 yang diikat secara fidusia. The Bank of Tokyo Mitsubishi UFJ, Ltd., Jakarta Branch In October 2014, the Company obtained an uncommitted credit facility amounting to Rp50,000,000,000 with interest at 10.50 per annum. This facility expired on October 21, 2015 and has been extended up to October 22, 2016. The facility is secured by the Company’s inventories in the amount of Rp50,000,000,000 which are covered by fiduciary agreement. Pinjaman tersebut mengharuskan Perusahaan untuk menjaga Current Ratio minimum 1,2x, Debt to EBITDA Ratio maksimum 3,9x, Debt Service Coverage Ratio minimum 1,2x. This facility requires the Company to maintain Current Ratio at a minimum of 1.2x, Debt to EBITDA Ratio at a maximum of 3.9x, Debt Service Coverage Ratio at a minimum of 1.2x. PT Bank CIMB Niaga Tbk Pada bulan September 2014, Perusahaan memperoleh fasilitas kredit cerukan sebesar Rp50.000.000.000 dengan tingkat suku bunga sebesar 10,75 per tahun pada tahun 2015 dan 2014. Fasilitas kredit tersebut telah berakhir pada tanggal 24 September 2015, dan diperpanjang sampai dengan tanggal 24 September 2016. PT Bank CIMB Niaga Tbk In September 2014, the Company obtained overdraft credit facility with a total amount of Rp50,000,000,000 with interest at 10.75 per annum in 2015 and 2014. This facility expired on September 24, 2015 and has been extended up to September 24, 2016. Fasilitas kredit tersebut mengharuskan Perusahaan untuk menjaga Leverage Ratio Debt to Equity maksimum 3,5x, Interest Service Coverage Ratio minimum 2,0x, dan menjaga nilai piutang dan persediaan supaya lebih besar dari nilai hutang bank jangka pendek dan hutang usaha. This loan requires the Company to maintain Leverage Ratio Debt to Equity at a maximum of 3.5x, Interest Service Coverage Ratio at a minimum of 2.0x, and to maintain the balance of accounts receivable and inventory at greater than the balance of short-term bank loan and trade payables. The Bank Nationalnobu Tbk Pada bulan November 2015, Perusahaan memperoleh fasilitas kredit tanpa komitmen sebesar Rp50.000.000.000 dengan tingkat suku bunga sebesar 10,50 per tahun. Pinjaman ini dijamin dengan persediaan barang dagang Perusahaan sebesar Rp50.000.000.000 yang diikat secara fidusia. The Bank Nationalnobu Tbk In November 2015, the Company obtained an uncommitted credit facility amounting to Rp50,000,000,000 with interest at 10.50 per annum. The facility is secured by the Company’s inventories in the amount of Rp50,000,000,000 which are covered by fiduciary agreement. Pinjaman tersebut mengharuskan Perusahaan untuk menjaga Current Ratio minimum 1,2x, Debt to EBITDA Ratio maksimum 3,9x, dan Debt Service Coverage Ratio minimum 1,2x. The loan requires the Company to maintain Current Ratio at a minimum of 1.2x, Debt to EBITDA Ratio at a maximum of 3.9x, and Debt Service Coverage Ratio at a minimum of 1.2x. Fasilitas ini akan berakhir pada tanggal 17 November 2016. This facility will expire on November 17, 2016. Pada tanggal 31 Desember 2015, fasilitas ini belum digunakan. As of December 31, 2015, this facility has not been utilized yet.