NILAI WAJAR DARI INSTRUMEN KEUANGAN lanjutan

The original consolidated financial statements included herein are in the Indonesian language. PT BISI INTERNATIONAL TBK DAN ENTITAS ANAKNYA CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN pada Tanggal 31 Desember 2013 dan untuk Tahun yang Berakhir pada Tanggal Tersebut Disajikan dalam Jutaan Rupiah, Kecuali Dinyatakan Lain PT BISI INTERNATIONAL TBK AND ITS SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS As of December 31, 2013 and for the Year Then Ended Expressed in Millions of Rupiah, Unless Otherwise Stated 84

35. TUJUAN DAN

KEBIJAKAN MANAJEMEN RISIKO KEUANGAN lanjutan 35. FINANCIAL RISK MANAGEMENT OBJECTIVES AND POLICIES continued b Risiko likuiditas lanjutan b. Liquidity risk continued Kelompok Usaha secara rutin mengevaluasi proyeksi arus kas dan menilai kondisi pada pasar keuangan untuk memperoleh hasil investasi yang tinggi. The Group evaluates cash flow projections regularly and continuously assesses the condition of financial markets for opportunities to obtain high investment returns. Tabel berikut ini menunjukan profil jangka waktu pembayaran liabilitas Kelompok Usaha berdasarkan pembayaran dalam kontrak. The following table describes the maturity schedules of the Group’s financial liabilities based on undiscounted contractual payments. 31 Desember 2013December 31, 2013 1 tahun 1-2 tahun Total 1 year 1-2 years Total Utang usaha Accounts payable - trade Pihak ketiga 80.315 - 80.315 Third parties Pihak berelasi 2.495 - 2.495 A related party Accounts payable - others - Utang lain-lain - pihak ketiga 16.779 - 16.779 third parties Beban akrual 40.424 - 40.424 Accrued expenses Liabilitas imbalan kerja Short-term employee benefit jangka pendek 267 - 267 liabilities Utang pihak berelasi non-usaha 187 - 187 Due to related parties Total 140.467 - 140.467 Total 31 Desember 2012December 31, 2012 1 tahun 1-2 tahun Total 1 year 1-2 years Total Utang bank jangka pendek 49.648 - 49.648 Short-term bank loans Utang usaha Accounts payable - trade Pihak ketiga 45.426 - 45.426 Third parties Pihak berelasi 4.462 - 4.462 A related party Accounts payable - others - Utang lain-lain - pihak ketiga 13.039 - 13.039 third parties Beban akrual 13.246 - 13.246 Accrued expenses Liabilitas imbalan kerja Short-term employee benefit jangka pendek 214 - 214 liabilities Utang pihak berelasi non-usaha 942 - 942 Due to related parties Total 126.977 - 126.977 Total c. Risiko pasar c. Market risk Industri pertanian di Indonesia masih menunjukkan perkembangan yang positif seiring dengan komitmen pemerintah untuk mencapai swasembada pangan nasional. Persaingan di industri pertanian semakin ketat seiring meningkatnya kebutuhan akan produk pertanian dengan kualitas baik dan semakin banyaknya pesaing yang muncul. The agricultural industry in Indonesia is still showing a positive trend in line with the governments commitment to achieve national food self-sufficiency. Competition in the agricultural industry is getting tougher with the increasing demand for agricultural products of good quality and the increasing number of emerging competitors.