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
52
13. OTHER FINANCIAL ASSETS
This account consists of:
June 30, 2016 December 31, 2015
Other current financial asset Security deposit
102,488 103,829
Other non-current financial assets Restricted time deposits:
PT Bank OCBC NISP Tbk 33,865,804
8,189,847 PT Bank International Indonesia Tbk
18,233,340 10,682,853
PT Bank Central Asia Tbk 9,953,990
10,156,596 PT Bank Mandiri Persero Tbk
5,732,028 5,772,028
PT Bank Danamon Indonesia Tbk 4,183,974
4,785,793 PT Bank CIMB Niaga Tbk
4,156,484 3,503,090
PT Bank Permata Tbk 1,601,427
440,560 PT Bank Rakyat Indonesia Tbk
1,477,640 2,576,067
PT Bank Pan Indonesia Tbk 977,722
977,722 PT Bank UOB Indonesia Tbk
487,764 487,765
Restricted cash in banks: PT Bank Central Asia Tbk
67,387,006 36,841,754
PT Bank UOB Indonesia Tbk 4,683,762
8,954,284 PT Bank Permata Tbk
407,804 387,512
PT Bank Mandiri Persero Tbk 38,546
27,537 Investment - available for sale
3,698,761 3,698,761
Security deposit
1,560,800 1,523,417
Total other non-current financial assets 158,446,852
99,005,586
Total other financial assets 158,549,340
99,109,415
The restricted time deposit in PT Bank Central Asia Tbk BCA and PT Bank Mandiri Persero Tbk Mandiri are used as collateral for loans and the interest payments on the loans obtained by the Company, LTMD and MKOJ from these bank
Note 14.
As of June 30, 2016, the restricted time deposits in PT Bank OCBC NISP Tbk OCBC, PT Bank Internasional Indonesia Tbk BII, PT Bank Central Asia Tbk BCA, PT Bank Mandiri Persero Tbk Mandiri, PT Bank Danamon Indonesia Tbk
Danamon, PT Bank CIMB Niaga Tbk CIMB, PT Bank Permata Tbk, PT Bank Rakyat Indonesia Tbk BRI, PT Bank Pan Indonesia Tbk Panin and PT Bank UOB Indonesia Tbk UOB are used as collateral for the corporate guarantees
provided by the Company and SPCK SCK to those banks on the housing loans obtained by the customers of the Company and KSO Summarecon Serpong.
For the six-month periods ended June 30, 2016, the restricted time deposits earned interest at annual interest rate of 3- 7,75 2015: 7,75.
Investments – available for sale consist of the following investments of the Company in other entities with ownership interests below 20, as follows:
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
