FAIR VALUE OF FINANCIAL INSTRUMENTS Continued 30 Jun 2016

Ekshibit E65 Exhibit E65 PT MARTINA BERTO Tbk DAN ENTITAS ANAK PT MARTINA BERTO Tbk AND SUBSIDIARIES CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO CONSOLIDATED FINANCIAL STATEMENTS UNTUK TAHUN YANG BERAKHIR PADA 30 JUNI 2016 FOR THE YEAR ENDED 30 JUNE 2016 Disajikan dalam Rupiah, kecuali dinyatakan lain Expressed in Rupiah, unless otherwise stated 31. MANAJEMEN RISIKO KEUANGAN Lanjutan

31. FINANCIAL RISK MANAGEMENT Continued a. Risiko Kredit

a. Credit Risk

Eksposur risiko kredit Grup terutama timbul dari pengelolan piutang usaha. Grup melakukan pengawasan kolektibilitas piutang sehingga dapat diterima penagihannya secara tepat waktu dan juga melakukan penelaahan atas masing-masing piutang pelanggan secara berkala untuk menilai potensi timbulnya kegagalan penagihan. The Group’s exposure to credit risk arises primarily from managing trade receivables. The Group monitors receivables so that these are collected in a timely manner and also conduct reviews of individual customer accounts on a regular basis to assess the potential for uncollectibility. Tabel di bawah ini merangkum paparan maksimum gross risiko kredit dari setiap kelas keuangan aset sebelum memperhitungkan agunan atau pendukung kredit lainnya pada 30 Juni 2016 dan 31 Desember 2015. The table below summarizes the gross maximum exposure to credit risk of each class of financial assets before taking into account any collateral held or other credit enhancements as of 30 June 2016 and 31 December 2015. 30 Jun 2016 30 Jun 2016 31 Des 2015 31 Dec 2015 Pinjaman yang diberikan dan piutang Loans and receivables Bank dan setara kas 6.991.734.750 30.850.777.214 Cash in banks and cash equivalents Piutang usaha 342.658.370.374 336.758.454.297 Trade receivables Aset keuangan lancar lainnya 4.594.895.710 3.899.569.609 Other current financial assets Piutang non-usaha dari pihak berelasi 1.101.521.812 324.110.872 Non-trade receivables from related parties Aset keuangan tidak lancar lainnya 3.004.992.974 3.085.287.073 Other non-current financial assets T o t a l 358.351.515.620 374.918.199.065 T o t a l Terdapat konsentrasi risiko kredit yang signifikan dalam Grup, yaitu piutang usaha terhadap PT SAI Indonesia. There are significant concentrations of credit risks within the Group, which are its trade receivables to PT SAI Indonesia. Analisis aging aset keuangan Grup adalah sebagai berikut: Aging analyses of the Group’s financial assets are as follows: Neither past due nor Pelunasan tahun lalu namun tidak berpengaruh Past due but not impaired 30 Juni 2016 Impaired 30 Days 31–60 Days 61–90 Days 90 Days Total 30 JUne 2016 Pinjaman dan piutang Loans and receivables Bank dan setara kas 6.991.734.750 - - - - 6.991.734.750 Cash in banks and cash equivalents Piutang usaha 90.173.390.756 135.824.027.271 63.107.613.755 45.141.331.960 8.412.006.632 342.658.370.374 Trade receivables Aset keuangan lancar lainnya 4.594.895.710 - - - - 4.594.895.710 Other current financial assets Piutang non-usaha dari pihak berelasi 1.101.521.812 - - - - 1.101.521.812 Non-trade receivables from related parties Aset keuangan tidak lancar lainnya 3.004.992.974 - - - - 3.004.992.974 Other non-current financial assets T o t a l 105.866.536.001 135.824.027.271 63.107.613.755 45.141.331.960 8.412.006.632 358.351.515.620 T o t a l Neither past due nor Pelunasan tahun lalu namun tidak berpengaruh Past due but not impaired 31 Desember 2015 impaired 30 Days 31–60 Days 61–90 Days 90 Days Total 31 December 2015 Pinjaman dan piutang Loans and receivables Bank dan setara kas 30.850.777.214 - - - - 30.850.777.214 Cash in banks and cash equivalents Piutang usaha 216.979.816.823 53.935.268.581 58.392.460.827 549.063.266 6.901.844.800 336.758.454.297 Trade receivables Aset keuangan lancar lainnya 3.899.569.609 - - - - 3.899.569.609 Other current financial assets Piutang non-usaha dari pihak berelasi 324.110.872 - - - - 324.110.872 Non-trade receivables from related parties Aset keuangan tidak lancar lainnya 3.085.287.073 - - - - 3.085.287.073 Other non-current financial assets T o t a l 255.139.561.591 53.935.268.581 58.392.460.827 549.063.266 6.901.844.800 374.918.199.065 T o t a l Berikut adalah klasifikasi aset keuangan Grup yang tidak lewat jatuh tempo atau gangguan. Below is the classification of Group’s financial assets that are neither past due nor impaired.