PROGRAM KEMITRAAN Financial Information | Perusahaan Gas Negara Persero Tbk PT

PT PERUSAHAAN GAS NEGARA PERSERO TBK DAN ENTITAS ANAKAND SUBSIDIARIES Halaman 5149 Page CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN 31 DESEMBER 2016 DAN 2015 Disajikan dalam Dolar Amerika Serikat, kecuali dinyatakan lain NOTES TO CONSOLIDATED FINANCIAL STATEMENTS DECEMBER 31, 2016 AND 2015 Expressed in US Dollar, unless otherwise stated

40. KEBIJAKAN DAN TUJUAN MANAJEMEN RISIKO KEUANGAN lanjutan

40. FINANCIAL RISK MANAGEMENT OBJECTIVES AND POLICIES continued

MANAJEMEN RISIKO lanjutan RISK MANAGEMENT continued a. Risiko kredit lanjutan a. Credit risk continued iv Eksposur maksimum risiko kredit tanpa memperhitungkan jaminan lanjutan iv Maximum exposure to credit risk before deposit held continued 31 DesemberDecember 2016 Tidak mengalami Mengalami penurunan nilai penurunan nilai Total Non impaired Impaired Total Piutang usaha Trade receivables Distribusi 159,193,566 100,885,199 260,078,765 Distribution Transmisi 4,368,568 - 4,368,568 Transmission Minyak dan gas 59,952,328 - 59,952,328 Oil and gas Operasi lainnya 247,485,379 4,975,339 252,460,718 Other operations Total 470,999,841 105,860,538 576,860,379 Total Dikurangi: Less: Cadangan Allowance kerugian for impairment penurunan nilai - 33,053,576 33,053,576 losses Neto 470,999,841 72,806,962 543,806,803 Net Entitas anak mempunyai konsentrasi risiko kredit atas seluruh penjualan minyak dan gas bumi kepada pembeli tunggal. Penjualan minyak pada umumnya dijual berdasarkan kontrak jangka pendek dan tidak membutuhkan jaminan dari pembeli yang mencerminkan kurang lebih sebesar 62 dari jumlah piutang minyak dan gas bumi. Gas alam dijual berdasarkan perjanjian penjualan gas antara PSC Pangkah kepada pembeli tunggal, dimana mencerminkan kurang lebih 33 dari jumlah piutang minyak dan gas. LPG dijual berdasarkan perjanjian jual beli LPG antara Pangkah PSC kepada pembeli tunggal, yang mencerminkan kurang lebih sebesar 5 dari piutang minyak dan gas. The subsidiary is subject to concentration of credit risk as all of their crude oil and gas sales are to single counter party. Crude oil sales are generally sold under short-term contracts and generally do not require collateral from the counter party, which represents approximately 62 of total oil and gas trade receivables. Natural gas sales are sold under Gas Sales Agreement between Pangkah PSC to a single counter party, which represent approximately 33 of oil and gas trade receivable. LPG sales are sold under LPG sales and purchase agreement between Pangkah PSC to a single counter party, which represent approximately 5 of oil and gas trade receivable.