PT SUMMARECON AGUNG Tbk AND ITS SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
As of June 30, 2016 unaudited and December 31, 2015 audited and For the period of six months ended June 30, 2016 and 2015 unaudited
Expressed in thousands of Indonesian Rupiah, unless otherwise stated
53
13. OTHER FINANCIAL ASSETS CONTINUED Carrying value as of
Percentage of
June December Entities
Ownership 30, 2016
31, 2015
PT Jakartabaru Cosmopolitan 1,00 3,536,261
3,536,261 PT Graha REI Property
2,89 100,000
100,000 PT Daksawira Perdana
6,25 62,500
62,500
Total 3,698,761 3,698,761
14. SHORT-TERM BANK LOANS AND LONG-TERM DEBTS a. The short-term bank loans are due to the following third parties:
June 30, 2016 December 31, 2015
Rupiah PT Bank Mandiri Persero Tbk
200,000,000 200,000,000
PT Bank Resona Perdania 187,256,000
191,000,000 PT Bank Mayora Tbk
150,000,000 150,000,000
PT Bank OCBC NISP Tbk 141,000,000
100,000,000 PT Bank Central Asia Tbk
123,115,209 118,138,583
PT Bank Bumi Arta Tbk 6,037,343
8,029,888 United States Dollar
PT Bank Resona Perdania US3,000,000 as of June 30, 2016 and December 31, 2015
39,540,000 41,385,000
Total 846,948,552
808,553,471 b. The long-term loans from banks, financing institutions and obligation under capital lease are due to third
parties and consist of the following: June 30, 2016
December 31, 2015
Rupiah PT Bank Central Asia Tbk - net off
unamortized debt commission fees 2,041,659,524 1,401,900,391
PT Bank Mandiri Persero Tbk - net off unamortized debt commission fees 1,479,631,414
1,372,317,432 PT Bank Bumi Arta Tbk
35,350,366 37,306,937
PT BCA Finance 8,286,634
9,472,963 United States Dollar
PT Bank Central Asia Tbk - net off unamortized debt commission fees 93,741,125
91,895,972
Total loans from Banks and financing institution 3,658,669,063
2,912,893,695 Less of current maturities
286,722,421 174,880,393
Long-term portion 3,371,946,642 2,738,013,302
PT SUMMARECON AGUNG Tbk AND ITS SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
As of June 30, 2016 unaudited and December 31, 2015 audited and For the period of six months ended June 30, 2016 and 2015 unaudited
Expressed in thousands of Indonesian Rupiah, unless otherwise stated
54
14. SHORT-TERM BANK LOANS AND LONG-TERM DEBTS CONTINUED
