Estimasi dan Asumsi Estimates and Assumptions

PT BAKRIE SUMATERA PLANTATIONS Tbk AND SUBSIDIARIES NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS JUNE 30, 2014 AND DECEMBER 31, 2013 AND FOR THE SIX-MONTH PERIODS ENDED JUNE 30, 2014 AND JUNE 30, 2013 UNAUDITED Amounts in tables are expressed in thousands of Rupiah, unless otherwise stated 50 4. DIVESTASI ENTITAS ANAK Lanjutan 4. DIVESTMENT OF A SUBSIDIARY Continued Pada tanggal yang sama, berdasarkan Akta Perjanjian Pemindahan Hak Tagih Cessie oleh notaris Linda Herawati S.H. No. 30, GLP mengalihkan hak tagih atas hutang GIN kepada PT Berkat Sawit Sejati sejumlah Rp354,49 miliar USD35.706.293, setara dengan nilai tercatat piutang pada tanggal pengalihan. On the same date, based on the Deed of the Transfer of Rights Cessie No. 30, as notarized by Linda Herawati S.H., GLP transferred its right over its receivables from GIN to PT Berkat Sawit Sejati for a consideration amounting to Rp354.49 billion USD35,706,293, which is equivalent to the carrying amount of receivables as at the date of transfer. Pada tanggal 17 Juli 2013, GLP dan GIN membuat perjanjian pengakhiran dan pelepasan dengan Credit Suisse AG, Singapore Branch, untuk melepaskan seluruh aset yang dimiliki GIN yang sebelumnya digunakan oleh Perusahaan sebagai jaminan atas hutang yang diperoleh dari Credit Suisse AG, Singapore Branch. Seluruh aset yang dimiliki oleh GIN telah dilepaskan sebagai jaminan pada tanggal tersebut. On July 17, 2013, GLP and GIN entered into a Termination and Release Agreement with Credit Suisse AG, Singapore Branch, for the release of assets of GIN which were used previously by the Company as guarantee on the credit facility obtained from Credit Suisse AG, Singapore Branch. The assets of GIN were released from the guarantee effective on this date. Berikut ini adalah informasi keuangan GIN pada tanggal divestasi yang tidak dikonsolidasi lagi pada tanggal 31 Desember 2013: Summarized below is the financial information of GIN as at the date of divestment which was no longer consolidated as of December 31, 2013: 31 Desember December 31, 2013 Total aset 678.621.143 Total assets Total liabilitas 354.493.379 Total liabilities Rugi neto 51.304.862 Net loss 5. KAS 5. CASH 30 Juni 31 Desember June 30, December 31, 2014 2013 Kas Cash on hand Rupiah 468.766 575.232 Rupiah Kas di bank Cash in banks Dolar Amerika Serikat United States Dollar PT Bank Internasional Indonesia Tbk 11.933.220 13.985.891 PT Bank Internasional Indonesia Tbk Credit Suisse AG, Cabang Singapura 5.194.766 - Credit Suisse AG, Singapore Branch PT Bank DBS Indonesia 2.367.995 1.386.068 PT Bank DBS Indonesia PT Bank Mandiri Persero Tbk 1.522.926 800.879 PT Bank Mandiri Persero Tbk PT Bank CIMB Niaga Tbk 235.649 240.890 PT Bank CIMB Niaga Tbk PT Bank Sinarmas Tbk 45.144 46.534 PT Bank Sinarmas Tbk PT Bank ANZ Indonesia 24.239 24.715 PT Bank ANZ Indonesia Standard Chartered Bank 20.681 22.379 Standard Chartered Bank PT Bank Bukopin Tbk 12.472 12.819 PT Bank Bukopin Tbk ING Bank N.V. 9.563 13.520 ING Bank N.V. PT Bank Capital Indonesia Tbk 2.527 4.830 PT Bank Capital Indonesia Tbk The Bank of New York - 46.243.702 The Bank of New York Euro Euro ING Bank N.V. 86.107 231.511 ING Bank N.V. PT Bank Mandiri Persero Tbk 13.310 19.290 PT Bank Mandiri Persero Tbk PT BAKRIE SUMATERA PLANTATIONS Tbk AND SUBSIDIARIES NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS JUNE 30, 2014 AND DECEMBER 31, 2013 AND FOR THE SIX-MONTH PERIODS ENDED JUNE 30, 2014 AND JUNE 30, 2013 UNAUDITED Amounts in tables are expressed in thousands of Rupiah, unless otherwise stated 51 5. KAS Lanjutan 5. CASH Continued 30 Juni 31 Desember June 30, December 31, 2014 2013 Rupiah Rupiah PT Bank CIMB Niaga Tbk 36.782.302 26.240.946 PT Bank CIMB Niaga Tbk PT Bank Internasional Indonesia Tbk 31.856.862 8.670.690 PT Bank Internasional Indonesia Tbk PT Bank Mandiri Persero Tbk 21.859.333 4.992.038 PT Bank Mandiri Persero Tbk PT Bank Rakyat Indonesia PT Bank Rakyat Indonesia Persero Tbk 3.728.338 776.728 Persero Tbk PT Bank Pembangunan Daerah PT Bank Pembangunan Daerah Sumatera Barat 459.082 3.792.743 Sumatera Barat PT Bank ICBC Indonesia 317.285 428.514 PT Bank ICBC Indonesia PT Bank DBS Indonesia 253.859 3.529.194 PT Bank DBS Indonesia PT Bank Capital Indonesia Tbk 173.661 329.285 PT Bank Capital Indonesia Tbk PT Bank Central Asia Tbk 166.223 166.223 PT Bank Central Asia Tbk PT Bank Permata Tbk 101.966 101.953 PT Bank Permata Tbk PT Bank Negara Indonesia PT Bank Negara Indonesia Persero Tbk 100.179 3.261.721 Persero Tbk PT Bank Mestika Dharma 97.903 803.276 PT Bank Mestika Dharma PT Bank Sinarmas Tbk 50.024 - PT Bank Sinarmas Tbk PT Bank Muamalat Indonesia Tbk 21.291 21.291 PT Bank Muamalat Indonesia Tbk PT Bank Pembangunan Daerah PT Bank Pembangunan Daerah Bengkulu 16.484 233.586 Bengkulu PT Bank Sumut 7.022 7.067 PT Bank Sumut PT Bank ANZ Indonesia 1.541 1.577 PT Bank ANZ Indonesia PT Bank Bukopin Tbk 725 980 PT Bank Bukopin Tbk PT Bank Jabar Syariah - 51.337 PT Bank Jabar Syariah Total kas di bank 117.462.679 116.442.177 Total cash in banks Total 117.931.445 117.017.409 Total Pada tanggal 30 Juni 2014 dan 31 Desember 2013, Kelompok Usaha tidak memiliki kas di bank yang ditempatkan dengan pihak berelasi. As of June 30, 2014 and December 31, 2013, the Group has no cash in banks placed with related parties. 6. PIUTANG USAHA 6. TRADE RECEIVABLES Akun ini terdiri dari: This account consists of: a. Pihak ketiga a. Third parties 30 Juni 31 Desember June 30, December 31, 2014 2013 Dolar Amerika Serikat United States Dollar PT Sri Sumatera Sejahtera 12.378.959 18.468.188 PT Sri Sumatera Sejahtera Spectrum International Pte Ltd Singapore 11.379.287 - Spectrum International Pte Ltd Singapore Welcome Trading Co, Pte., Ltd, 10.305.206 19.089.440 Welcome Trading Co, Pte., Ltd, Lain-lain masing-masing Others each below di bawah Rp 10 miliar 64.256.100 102.787.411 Rp 10 billion Sub-total 98.319.552 140.345.039 Sub-total Dikurangi penyisihan kerugian Less allowance for impairment penurunan nilai 24.527.376 24.527.376 losses Dolar Amerika Serikat - Neto 73.792.176 115.817.663 United States Dollar - Net