Financial Statements 30 September 2010 dan 2009 September 30, 2010 and 2009

PT. ASURANSI JASA TANIA, Tbk.

PT ASURANSI JASA TANIA Tbk

Laporan Keuangan 30 September 2010 dan 2009

Financial Statements September 30, 2010 and 2009

Daftar Isi

Halaman Page

Contents

Neraca (Tidak Diaudit)

1

Balance Sheets (Un Audited)

Laporan Laba Rugi (Tidak Diaudit)

3

Statements Of Income (Un Audited)

Laporan Perubahan Ekuitas (Tidak Diaudit)

4

Statements Of Chages In Equity (Un Audited)

Laporan Arus Kas (Tidak Diaudit)

5

Statements Of Cash Flows (Un Audited)

Catatan Atas Laporan Keuangan (Tidak Diaudit)

6

Notes To The Financial Statements (Un Audited)

PT ASURANSI JASA TANIA Tbk Balance Sheets (Un Audited) As at September 30, 2010 dan 2009

PT ASURANSI JASA TANIA Tbk Neraca (Tidak Diaudit) 30 September 2010 dan 2009

(Disajikan dalam Rupiah, kecuali dinyatakan lain)

(Expressed in Rupiah, unless otherwise stated) Catatan/

ASET Investasi Deposito wajib Pihak ketiga Deposito berjangka Pihak istimewa Pihak ketiga Surat Berharga Yang Diperdagangkan Saham untuk diperdagangkan Pihak ketiga Obligasi untuk diperdagangkan Pihak ketiga Surat Berharga Dimiliki Hingga Jatuh Tempo Obligasi dimiliki hingga jatuh tempo Pihak ketiga Surat Berharga Yang Tersedia untuk Dijual Saham tersedia untuk dijual Pihak ketiga Obligasi tersedia untuk dijual Pihak istimewa Pihak ketiga Reksadana Pihak ketiga Investasi pada perusahaan asosiasi Pihak istimewa Pihak ketiga Investasi Lainnya Pihak ketiga Jumlah Investasi Bukan Investasi Kas dan Bank Pihak istimewa Pihak ketiga Piutang Premi Pihak istimewa Pihak ketiga Setelah dikurangi penyisihan piutang ragu-ragu sebesar Rp. 2537601437.730,- dan Rp. 1881503333.051 tahun 2010 dan 2009 Piutang Reasuransi Pihak ketiga Setelah dikurangi penyisihan piutang ragu-ragu sebesar Rp. 2606003978.618,- dan Rp. 1738985381.794 tahun 2010 dan 2009 Piutang Hasil Investasi Piutang Lain-lain Uang Muka dan biaya dibayar dimuka Aset Tetap Setelah dikurangi akumulasi penyusutan sebesar Rp. 15041140623.370,- dan Rp. 14026615041.915,untuk tahun 2010 dan 2009 Aset Pajak Tangguhan Aset Lain-lain

Notes

ASSETS

2009

0

489.311.983

Investment Statutory deposit Third parties Time deposits Related parties Third parties Securities for trading Equity securities for trading third party Bonds for trading third party Securities for trading Bonds helds-to-maturity Third parties Securities available-for-sale Equity securities available-for-sale third party Bonds available-for-sale related parties Third parties Mutual fund Third parties Investment in associates company Related parties Third parties Other investment Third parties

73.244.013.711

69.164.936.735

Total investments

3. a 4.100.000.000

5.000.000.000 3. b

12.145.000.000 28.949.857.656

10.695.000.000 30.865.175.000 3. c

1.227.500.000

1.267.887.500

1.095.000.000

4.431.500.000 3. d

15.000.000.000

11.000.000.000 3. e

1.479.825.055

1.216.875.000

1.007.200.000 2.090.000.000

1.032.000.000 2.080.000.000

5.062.443.748

3. f 3. g

942.987.252 144.200.000

0 942.987.252 144.200.000

3. h

4. 765.209.828 8.035.616.192

972.103.298 9.157.289.544 5.

8.686.113.484 37.427.198.174

7.203.072.501 38.958.812.234

Non Investment Cash on hand and in banks Related parties Third parties Premiums receivable Related parties Third parties net of allowance for doubtful accounts of Rp. 2537601437.730,- (2010) and Rp. 1881503333.051 (2009) Reinsurance receivable Third parties net of allowance for doubtful accounts of Rp. 2606003978.618,- (2010) and Rp. 1738985381.794 (2009) Investment income receivable Other account receivable Advance and prepaid expenses Fixed Asset - net of accumulated deprecition of Rp. 15041140623.370,- and Rp. 14026615041.915,- in 2010 and 2009

35.067.562.862

6.

23.812.606.172

381.389.220 2.369.124.342 3.446.372.417 15.068.084.061

7. 8. 9. 10.

330.024.387 2.737.761.438 4.887.316.387 15.627.092.180

755.029.176 3.136.135.021

11.

2.307.184.739 3.632.733.620

Deferred tax assets Other assets

Jumlah bukan Investasi

115.137.834.778

109.625.996.502

Total non investment

JUMLAH A S E T

188.381.848.489

178.790.933.237

TOTAL ASSETS

Catatan atas laporan keuangan merupakan bagian yang tidak terpisahkan dari laporan keuangan.

Halaman 1

2010

The accompanying notes form an integral part of these financial statements.

Page 1

PT ASURANSI JASA TANIA Tbk Balance Sheets (Un Audited) As at September 30, 2010 dan 2009

PT ASURANSI JASA TANIA Tbk Neraca (Tidak Diaudit) 30 September 2010 dan 2009


(Expressed in Rupiah, unless otherwise stated) Catatan/

KEWAJIBAN DAN EKUITAS Kewajiban Hutang Klaim Pihak istimewa Pihak ketiga Estimasi Klaim Retensi Sendiri Premi Yang Belum Merupakan Pendapatan Hutang Reasuransi Pihak ketiga Hutang Komisi Pihak ketiga Hutang Pajak Hutang Lain-lain Biaya Yang Masih Harus Dibayar Kewajiban imbalan pasca kerja Jumlah Kewajiban

2010

Notes

2009

8.075.047.009 1.658.867.314 24.764.893.541 33.653.268.441

13. 14.

3.169.817.372 3.819.374.054 30.687.957.776 25.491.995.090

5.094.927.537

15.

6.745.901.574

6.394.461.374 152.146.213 1.666.810.535 423.252.618 1.501.971.770

16. 17. 19. 18. 34.

4.864.531.804 409.868.354 1.952.126.812 80.465.469 1.325.849.059

Liabilities Claims liabilities Related parties Third parties Estimated own retention claims Unearned premiums Reinsurance payable Third parties Commission payable Third parties Taxes payable Other payable Accrued expenses Post-employment benefits liabilities

78.547.887.365

Total liabilities

12.

83.385.646.352

EQUITY

Ekuitas Modal Saham Nilai nominal - Rp. 200 per saham Modal Dasar - 1.000.000.000 saham untuk untuk tahun 2010 dan 2009 Telah Ditempatkan dan Disetor Penuh 300.000.000 saham Tambahan modal disetor Laba (rugi) belum direalisasikan Saldo Laba Cadangan Umum Cadangan Khusus Belum Ditentukan Penggunaannya Laba (Rugi) Tahun Lalu Laba (Rugi) Tahun Berjalan Jumlah Ekuitas JUMLAH KEWAJIBAN DAN EKUITAS

catatan atas laporan keuangan merupakan bagian yang tidak terpisahkan dari laporan keuangan.

Halaman 2

LIABILITIES AND EQUITY

20.

60.000.000.000 2.770.781.054 12.353.412

60.000.000.000 30.

2.770.781.054 230.436.750

33.897.989.355 1.954.526.624

30.728.782.386 1.954.526.624

(5.969.042.813) 12.329.594.504

(5.969.042.804) 10.527.561.862

104.996.202.137 188.381.848.489

100.243.045.872 178.790.933.237

Capital stock Nominal Value - Rp 200 per value per share Authorized - 1.000.000.000 shares issued and paid-up capital 300.000.000 shares Additional paid in capital Unrealized gain (loss) Retained earnings General reserve Special reserve Unappropriated profit Net Income (Loss) last period Net Income (Loss) current period Total Equity TOTAL LIABILITIES AND EQUITY

The accompanying notes form an integral part of these financial statements.

Page 2

PT ASURANSI JASA TANIA Tbk Income Statement (Un Audited) For the Periods ended September 30, 2010 and 2009

PT. ASURANSI JASA TANIA, Tbk. Laporan Laba Rugi (Tidak Diaudit) Untuk Periode Yang Berakhir 30 September 2010 dan 2009 (Disajikan dalam Rupiah, kecuali dinyatakan lain)

(Expressed in Rupiah, unless otherwise stated)

Catatan/

2010 Pendapatan Underwriting Pendapatan Premi Premi Bruto Premi Reasuransi (Kenaikan) penurunan Premi Yang Belum Merupakan pendapatan Jumlah Pendapatan underwriting - neto Beban Underwriting Beban Klaim Klaim Bruto Klaim Reasuransi Kenaikan (penurunan) Estimasi Klaim Retensi Sendiri Jumlah Beban Klaim Beban Komisi bersih Jumlah Beban Underwriting Hasil Underwriting Hasil Investasi Beban Usaha Laba (Rugi) Usaha Penghasilan (beban) Lain-lain Laba (Rugi) Sebelum Pajak Beban Pajak Penghasilan Beban Pajak Tangguhan Laba (Rugi) Bersih Laba (Rugi) Bersih per saham Catatan atas laporan keuangan merupakan bagian yang tidak terpisahkan dari laporan keuangan.

Halaman 3

Notes

143.496.078.933 (54.700.688.537)

21. 22.

(3.705.001.805) 85.090.388.592

(58.860.091.195) 34.437.674.692

23. 24.

153.926.937 (24.268.489.566) (16.664.259.050)

25.

2009

(2.340.453.339)

Underwriting Income Premiums income Gross premiums Reinsurance premiums (Increase) decrease in unearned premiums

75.406.995.280

Total underwriting income - net

(38.756.684.587) 15.848.987.778 (4.344.268.804)

Underwriting Expenses Claims expense Gross claims Reinsurance claims Increase (decrease) in estimated own retention claims

(27.251.965.614)

Total claims expens

117.746.454.925 (39.999.006.306)

(14.059.585.335)

Commissions - net Total underwriting expenses

(40.932.748.616)

(41.311.550.949)

44.157.639.976

34.095.444.331

Underwriting Results

4.104.345.348 (25.926.591.547)

Net investment income Operating expenses

12.273.198.132

Operating Income

4.707.677.539 (33.332.689.989)

26. 27.

15.532.627.526 22.788.697

28.

15.555.416.223 (1.019.527.000) (2.206.294.719)

11.843.137.957 17. a 17. a

12.329.594.504 41

(430.060.175)

29.

0 (1.315.576.095)

Other income (expense), net Profit before income tax Tax expenses Current tax Deferred tax

10.527.561.862

Net income

35

Net earnings per share - in Rupiah The accompanying notes form an integral part of these financial statements.

Page 3

PT. ASURANSI JASA TANIA, Tbk. Statement of Changes In Equity (Un Audited) For the Periods ended September 30, 2010 and 2009

PT. ASURANSI JASA TANIA, Tbk. Laporan Perubahan Ekuitas (Tidak Diaudit) Untuk Periode Yang Berakhir 30 September 2010 dan 2009

Saldo Laba / Retained Earnings

Catatan / Notes

Saldo 31 Desember 2008 Dividen Tantiem Dana Sosial Cadangan Umum Laba (rugi) belum direalisasikan Laba (rugi) bersih

Modal disetor / Paid - up capital stock

60.000.000.000

Tambahan modal disetor / Additional Paid in capital

2.770.781.054

Cadangan umum / General reserve

Cadangan khusus / Special reserve

Jumlah ekuitas / Total equity

(2.134.479.072)

29.155.460.831

1.954.526.624

90.563.674.437

1.573.321.555

1.413.051.750 29.

10.527.561.862 60.000.000.000

2.770.781.054

Laba (rugi) belum direalisasikan Laba (rugi) bersih

230.436.750

4.558.519.058

30.728.782.386

1.954.526.624

1.085.708.125 (1.321.467.268)

Saldo 31 Desember 2009

60.000.000.000

2.770.781.054

1.316.144.875

31. 31. 31. 31.,32. 3..e. 29.

Saldo 30 September 2010

catatan atas laporan keuangan merupakan bagian yang tidak terpisahkan dari laporan keuangan.

Halaman 4

(1.182.615.000)

Belum ditentukan penggunaannya / Unappropriated

(2.031.000.000) (153.494.786) (76.747.392) (1.573.321.555)

Saldo per 30 September 2009

Dividen Tantiem Dana Sosial Cadangan Umum Bonus Karyawan Laba (rugi) belum direalisasikan Laba (rugi) bersih

Laba (rugi) belum direalisasikan / Unrealized gain (loss)

3.237.051.790

30.728.782.386

(4.879.230.135) (460.304.730) (184.121.901) (3.682.437.837)

1.230.135

1.954.526.624

3.682.437.837 (514.461.003)

(1.303.791.463) 12.329.594.504 60.000.000.000

2.770.781.054

12.353.412

6.360.551.691

33.897.989.355

1.954.526.624

Balance as of December 31, 2008

(2.031.000.000) (153.494.786) (76.747.392) 0 1.413.051.750 10.527.561.862

Dividend Tantiem Social Fund Approriated for general reserve Unrealized gain (loss) Net Income for the current period

100.243.045.872

Balance as of September 30, 2009

1.085.708.125 (1.321.467.268)

Unrealized gain (loss) Net Loss

100.007.286.728

Balance as of December 31, 2009

(4.878.000.000) (460.304.730) (184.121.901) 0 (514.461.003) (1.303.791.463) 12.329.594.504

Dividend Tantiem Social Fund Approriated for general reserve Employee Bonus Unrealized gain (loss) Net Loss for the current period

104.996.202.137

Balance as of September 30, 2010 The accompanying notes form an integral part of these financial statements.

Page 4

PT. ASURANSI JASA TANIA, Tbk. Laporan Arus Kas (Tidak Diaudit) Untuk Periode Yang Berakhir 30 September 2010 dan 2009


2010 Arus Kas dari Aktivitas Operasi Penerimaan premi Penerimaan reasuransi Penerimaan lain-lain Pembayaran premi reasuransi Pembayaran klaim Pembayaran komisi Pembayaran beban usaha Pembayaran pajak Pembayaran beban lain-lain

PT ASURANSI JASA TANIA Tbk Statement of Cash Flows (Un Audited) For the Periods ended September 30, 2010 and 2009 (Expressed in Rupiah, unless otherwise stated)

2009

Cash Flows From Operating Activities Premiums receipts Reinsurance receipts Other receipts Payment for reinsurer Payment for claims Payment for commissions Payment for operating expenses Payment for tax Payment for others

113.493.393.212 21.037.184.044 1.703.975.182 (18.845.651.275) (46.045.923.571) (21.301.550.098) (31.588.299.352) (1.500.119.120) (2.125.561.840)

101.619.817.791 17.106.449.496 2.910.743.207 (20.209.426.291) (38.457.281.712) (17.695.691.890) (25.016.192.551) (1.395.216.931) (1.876.703.553)

14.827.447.182

16.986.497.566

3.210.327.809 188.965.784.319 2.014.465.635 62.459.424 4.839.004.040 3.863.000.000 509.460.333 (202.798.141.975) 0 (4.605.098.976) (806.336.265)

3.225.828.406 140.133.125.000 331.871.372 0 2.055.909.628 8.004.000.000 0 (143.205.050.000) (14.685.000.000) (2.200.565.945) (1.489.266.993)

Cash Flows From Investing Activities Net investment income Time deposit withdrawals Proceeds from equity securities Proceeds from disposal of fixed assets Equity securities Bond Sale Other investment Time deposit investment Purchases of bonds Purchases of Equity securities Purchases of fixed assets

Kas bersih diperoleh dari (digunakan untuk) aktivitas investasi

(4.745.075.656)

(7.829.148.532)

Cash Provide by (Used In) Investing Activities

Arus Kas dari Aktivitas Pendanaan Pembayaran dividen Pembayaran tantiem Lain-lain

(4.878.000.000) (460.304.730) (514.461.003)

(2.031.000.000) (153.494.786) 0

Kas bersih diperoleh dari (digunakan untuk) aktivitas pendanaan

(5.852.765.733)

(2.184.494.786)

Kenaikan (penurunan) bersih kas dan bank Saldo awal kas dan bank

4.229.605.793 4.571.220.227

6.972.854.248 3.156.538.595

Saldo akhir kas dan bank

8.800.826.020

10.129.392.842

Kas bersih diperoleh dari (digunakan untuk) aktivitas operasi Arus Kas dari Aktivitas Investasi Penerimaan hasil investasi Pencairan deposito Hasil penjualan saham Hasil penjualan aset tetap Penjualan Saham Penjualan Obligasi Penjualan Investasi Lain Penempatan deposito Pembelian Obligasi Pembelian Saham Pembelian aset tetap

Cash provided by (used in) operating activities

Cash Flows From Financing Activities Payment for dividend Payment for tantiem Others Cash Provide by (Used In) Financing Activities Net Increase (Decrease) in Cash on hand and

Catatan atas laporan keuangan merupakan bagian yang tidak terpisahkan dari laporan keuangan.

Halaman 5

in Banks Cash on hand and in Banks at Beginning of Year

Cash on hand and in Banks at end of Year The accompanying notes form an integral part of these financial statements.

Page 5

PT ASURANSI JASA TANIA Tbk Notes To Financial Statements September 30, 2010 and 2009 (Expressed in Rupiah, unless otherwise stated)

PT. ASURANSI JASA TANIA, Tbk. Catatan Atas Laporan Keuangan 30 September 2010 dan 2009

(Disajikan dalam Rupiah, kecuali dinyatakan lain) 1.

Halaman 6

Informasi Umum

1.

General Information

PT Asuransi Jasa Tania Tbk didirikan berdasarkan akta No. 133 tanggal 25 Juni 1979 dari Kartini Mulyadi, SH Notaris di Jakarta. Akta tersebut telah disahkan oleh Menteri Kehakiman Republik Indonesia dengan Surat Keputusan No. Y.A.5/328/11 tanggal 13 Agustus 1979 dan telah diumumkan dalam Tambahan Berita Negara Republik Indonesia No. 87 tanggal 31 Oktober 1979. Akta pendirian telah mengalami beberapa kali perubahan yang terakhir berdasarkan akta No. 121 tanggal 25 Agustus 2003 dari Anita Meiza, SH, Notaris pengganti dari Sutjipto, SH, Notaris di Jakarta. Akta ini telah mendapat persetujuan dari Menteri Kehakiman dan Hak Asasi Manusia Republik Indonesia dengan Surat Keputusan No. C-25805 HT.01.04.TH.2003 tanggal 29 Oktober 2003 dan telah didaftarkan dalam Daftar Perusahaan di Kantor Pendaftaran Perusahaan Kodya Jakarta Pusat No. 3016/RUB 09.05/XI/2003 tanggal 19 November 2003.

PT Asuransi Jasa Tania Tbk was established based on Notarial Deed No. 133 dated June 25, 1979 of Kartini Mulyadi, SH, notary public in Jakarta. The Deed of establishment had been approved by the Minister of Justice of the Republic of Indonesia in its Decision Letter No. Y.A.5/328/11 dated August 13, 1979 and was published in the State Gazette of the Republic of Indonesia, Supplement No. 87 dated October 31, 1979. The Company's Article of incorporation had been amended several times, which is by Notarial Deed No 121 dated August 25, 2003 of Anita Meiza, SH, the successor of Sutjipto, SH, notary public in Jakarta. This deed had been approved by the Minister of Justice and Human Rights of the Republic of Indonesia in its Decision Letter No. C25805 HT.01.04.TH.2003 dated October 29, 2003 and was registered in Company List at Registered Office in Central Jakarta No. 3016/RUB 09.05/XI/2003 dated November 19, 2003.

Perubahan akta pendirian ini sehubungan dengan peningkatan modal dasar Perusahaan dari Rp.100.000.000.000 menjadi Rp.200.000.000.000, menurunkan nilai nominal saham (stock split) dari Rp. 500 menjadi Rp. 200, penjualan saham kepada masyarakat melalui Pasar Modal dan pengangkatan direksi Perusahaan.

This change of the Article of incorporation the increase of the Company authorized capital from Rp. 100.000.000.000 to Rp. 200.000.000.000, the change in par value per share (stock split) from Rp. 500 to Rp. 200, sale of share to public in the Capital Market and the change in structure of the Board of Directors of the Company.

Pada tahun 2003 Perusahaan melakukan Penawaran Umum Saham kepada masyarakat sebanyak 50 juta Saham Biasa Atas Nama atau 16,67 % dari 300 juta saham yang ditempatkan dan disetor penuh dengan nilai nominal Rp. 200 setiap saham, dengan harga penawaran sebesar Rp. 300 setiap saham. Penawaran Umum Saham ini telah didaftarkan ke Badan Pengawas Pasar Modal (BAPEPAM) pada tanggal 4 Nopember 2003 dan telah dicatatkan di Bursa Efek Jakarta (BEJ) tanggal 15 Desember 2003. Penawaran Umum Saham ini telah memperoleh izin dari ketua Badan Pengawas Pasar Modal (BAPEPAM) Nomor S3079/PM/2003 tanggal 18 Desember 2003.

In 2003, The Company offered its shares by Initial Public Offering of 50 millions common shares or 16,67% of 300 millions shares issued and fully paid up with the nominal value of Rp. 300 per share. Initial Public Offering was registered in the Capital Market Supervisory Agency (BAPEPAM) on November 4, 2003 and listed in the Jakarta Stock Exchange (BEJ) on December 15, 2003. Initial Public Offering was approved by Director of the Capital Market Supervisory Agency (BAPEPAM) No. S-3079/PM/2003 dated December 18, 2003.

Berdasarkan akta No 272 tanggal 29 Mei 2008 oleh Sutjipto, SH.M.Kn notaris di Jakarta tentang Rapat Umum Pemegang Saham Luar Biasa menyatakan bahwa Rapat telah mengesahkan Anggaran Dasar yang disesuaikan dengan Undang-undang No 40 Tahun 2007 tentang Perseroan Terbatas. Perubahan Anggaran Dasar ini telah diaktakan berdasarkan akta No. 33 tanggal 27 Juni 2008 oleh Wahyu Nurani, SH notaris di Jakarta dan disetujui oleh Menteri Hukum dan Hak Asasi Manusia dengan surat Keputusan Menteri Hukum dan Hak Asasi Manusia Republik Indonesia Nomor: AHU-52208.A.H.01.02 Tahun 2008 tanggal 19 Agustus 2008.

Based on Notarial deed No.272 dated may 29, 2008 of Sutjipto, SH. M.Kn notary in Jakarta regarding Extra Ordinary Sharholders General Meeting stated that meeting has already approved the amendments of the articles of incorporation in complying with Law No. 40 Year 2007 regarding Limited Company. Those amendments of the articles of incorporation were legalized based on notarial deed No 33 dated June 27, 2008 of Wahyu Nurani, SH. notary in Jakarta and were approved by The Ministry of Law and Human Rights of The Republic of Indonesia No. AHU-52208.A.H.01.02 Year 2008, dated August 19, 2008

Sesuai dengan izin usaha dari Menteri Keuangan Republik Indonesia No. KEP-3104/MP/1979 dan pasal 3 anggaran dasar Perusahaan, ruang lingkup kegiatan Perusahaan menjalankan usaha bidang asuransi kerugian, satu dan lain dalam segala bentuk menurut serta tunduk kepada Undang-undang dan peraturan perundangan Republik Indonesia. Kegiatan komersial Perusahaan dimulai pada bulan Juni 1979.

In accordance with operational license of the Minister of Finance of the Republic of Indonesia No. KEP-3104/MP/1979 and article 3 of the Company's scope of activities are in general insurance service, according to Government Law and Regulation of the Republic of Indonesia. The Company started commercial operation on June, 1979.

Page 6



(Disajikan dalam Rupiah, kecuali dinyatakan lain) PT Asuransi Jasa Tania Tbk berkantor pusat di Wisma Jasa Tania Jalan Teuku Cik Ditiro No. 14, sesuai dengan Surat Persetujuan Direktur Jenderal Moneter Dalam Negeri No. KEP-3591/MD/1987 tanggal 5 Juni 1987. Kantor-kantor cabang PT Asuransi Jasa Tania Tbk didirikan sesuai dengan Surat Persetujuan Direktur Jenderal Moneter Dalam Negeri, yaitu : - No. KEP-5514/MD/1982 untuk Cabang Surabaya dan Cabang Medan - No. KEP-6046/MD/1982 untuk Cabang Jakarta dan Cabang Semarang - No. KEP-3591/MD/1987 untuk Cabang Bandung - No. KEP-773/MK.13/1989 untuk Cabang Jakarta - No. KEP-S-017/MK.13/1989 untuk Cabang Makassar dan Cabang Bandar Lampung - No. KEP-433/KM.17/2000 untuk Cabang Pekanbaru - No. KEP-110/KM.10/2008 untuk Cabang Jambi - No. KEP-171/KM.10/2010 untuk Cabang Pontianak

- No. KEP-5514/MD/1982 for branch offices in Surabaya and Medan - No. KEP-6046/MD/1982 for branch office Jakarta and Semarang - No. KEP-3591/MD/1987 for branch office Bandung - No. KEP-773/MK.13/1989 for branch office Jakarta - No. KEP-S-017/MK.13/1989 for branch offices in Makassar and Bandar Lampung - No. KEP-433/MK.17/2000 for branch office Pekanbaru - No. KEP-110/KM.10/2008 for branch office Jambi No. KEP-171/KM.10/2010 for branch office Pontianak

Selain Kantor Cabang Perusahaan juga mempunyai Kantor Perwakilan yang berlokasi di Surakarta.

Beside the branch offices, the representative offices in Surakarta.

Susunan dewan direksi dan dewan komisaris Perusahaan pada tanggal 30 September 2010 sesuai dengan Akta No. 144 tanggal 27 September 2010 oleh Sutjipto SH, Notaris di Jakarta, terhitung mulai 27 September 2010 adalah sebagai berikut :

The structure of the Company's Board of directors and commissioners as of September 30, 2010, based on the deed No. 144 dated September 27, 2010 of Sutjipto SH, Notary public in Jakarta, commencing at September 27, 2010 are as follows :

Komisaris Utama Komisaris Independen

Direktur/Pelaksana Tugas Direktur Utama

Direktur Direktur

Dewan Komisaris/ Board of Commissioners Ir. H. Adi Prasongko Stanislaus Say, MBA Dewan Direksi/ Board of Directors H. Basran Damanik, SE, MM Buyung Sembiring, SH Ade Zulfikar,SE. Dipl.Ins.,ACII

Susunan dewan direksi dan dewan komisaris Perusahaan sesuai dengan Akta No. 91 tanggal 19 Mei 2009 oleh Sutjipto SH, Notaris di Jakarta, terhitung mulai 19 Mei 2009 sampai dengan 26 September 2010 adalah sebagai berikut :

Komisaris/Pelaksana Tugas Komisaris Utama

Komisaris Independen

Direktur Utama Direktur Direktur Direktur

Halaman 7

PT Asuransi Jasa Tania Tbk's head office is located at Wisma Jasa Tania, Teuku Cik Ditiro Street No. 14, agreed to Decision Letter of Director General of Domestic Monetary No. KEP-3591/MD/1987 dated June 5, 1987. Branch offices were established based on the Decision Letter of the Director General of Domestic Monetary i.e :

Company has

also

the

President Commissioner Independent Commissioner

Director /Provisional President Director

Director Director

The structure of the Company's Board of directors and commissioners, based on the deed No. 91 dated May 19, 2009 of Sutjipto SH, Notary public in Jakarta, for the period May 19, 2009 up to Sep 26 2010 are as follows :

Dewan Komisaris/ Board of Commissioners Drs. H. Soetidja Prawiradinata, Ak Drs. H. Erdam Warganegara Dewan Direksi/ Board of Directors H. Haryanto, SE, AAAI-K H. Basran Damanik, SE, MM Buyung Sembiring, SH Ade Zulfikar,SE. Dipl.Ins.,ACII

Commissioner/ Caretaker of President Commissioner

Independent Commissioner

President Director Director Director Director

Page 7




The compensation for commissioners and directors in the form of salary, allowance and tantiem are as follows :

Berikut ini jumlah kompensasi yang diberikan kepada Direksi dan Komisaris berupa gaji, tunjangan dan tantiem, dengan rincian sebagai berikut : 2010 Direksi Komisaris

2009

1.840.399.279 504.065.000 2.344.464.279

1.574.700.147 242.060.000 1.816.760.147

Directors Commissioners

Jumlah karyawan Perusahaan sebanyak 213 dan 212 orang per 30 September 2010 dan 2009.

The number of employees are 213 and 212 people, in September 30, 2010 and 2009 respectively.

Susunan komite audit Perusahaan pada tanggal 30 September 2010 sesuai dengan Akta No.260 tanggal 29 Mei 2007 oleh Sutjipto SH, Notaris di Jakarta dan Surat Keputusan Nomor: 002/KEP-DK/IX/2006 dari Komisaris PT Asuransi Jasa Tania, Tbk adalah sebagai berikut :

The members of the Company's audit committee as of September 30, 2010, based on the deed No. 260 dated May 29, 2007 of Sutjipto, SH, Notary Public in Jakarta and the Decision Letter Number 002/KEP-DK/IX/2006 of Commissioner PT Asuransi Jasatania Tbk are as follows :

Komite Audit/

Audit Committee Ketua (komisaris independen) Anggota Anggota 2.

Drs. Erdam Warganegara M. Raymond Buisson, SE Ramelan Supriady, BSc

2.

Kebijakan Akuntansi

Accounting Policies The principle accounting policies adopted in the preparation of these financial statements are set out below:

Kebijakan akuntansi utama yang diterapkan dalam penyusunan laporan keuangan adalah seperti dijabarkan di bawah ini : a. Dasar Penyusunan Laporan Keuangan Laporan keuangan disusun sesuai dengan prinsip akuntansi

a.

Basis of Preparation The financial statements have been prepared in accordance with accounting principles generally accepted in Indonesia, consisting among others the Statements of Financial Accounting Standard (PSAK) established by the Indonesian Institute of Certified Publlic Accountants, especially Financial Accounting Standard No.28 (Revised 1996) "the Accounting for General Insurance" and the regulation of the Capital Market Supervisory Agency-Financial Institution (BAPEPAM-LK) of No. Kep-06/PM/2000.

yang berlaku umum di Indonesia, yang meliputi Pernyataan Standar Akuntansi Keuangan (PSAK) yang ditetapkan oleh Institut

Akuntan

Publik

Indonesia,

khususnya

Chairman (Independent Commissioner) Member Member

Standar

Akuntansi Keuangan No.28 (revisi 1996) "Akuntansi Asuransi Kerugian" dan Peraturan Badan Pengawas Pasar ModalLembaga Keuangan (BAPEPAM-LK) No. KEP-06/PM/2000.

Halaman 8

Dasar pengukuran dan penyajian laporan keuangan adalah biaya historis (harga perolehan), kecuali beberapa akun tertentu dinyatakan berdasarkan pengukuran lain sebagaimana diuraikan dalam kebijakan akuntansi masingmasing akun tersebut. Laporan keuangan, kecuali untuk laporan arus kas, disajikan dengan menggunakan metode akrual.

The basis of measurement in the preparation of these financial statement is by using the hictorical cost concept, except for certain account which are measured on the other basis described in the related accounting policies. The financial statements, except for the statements of cash flows, are prepared under the accrual basis accounting.

Laporan arus kas disusun menggunakan metode langsung, dan arus kas dikelompokkan atas dasar aktifitas operasi, investasi dan pendanaan. Untuk tujuan laporan arus kas, kas dan setara kas tidak mencakup, investasi likuid jangka pendek dengan jangka waktu jatuh tempo tiga bulan atau kurang.

The Statements of cash flows is prepared based on the direct method by classifying cash flows on the basis of operating, investing and financing activities. For the purposes of the cash flow statement, cash and cash equivalents is not included short term higly liquid investments with original maturities of three months or less.

Dalam penyusunan laporan keuangan sesuai dengan prinsip akuntansi yang berlaku umum di Indonesia, dibutuhkan estimasi dan asumsi yang mempengaruhi:

The preparation of financial statements in conformity with accounting principles generally accepted in Indonesia requires the use of estimates and assumptions that effects:

-

nilai aset dan kewajiban dilaporkan, dan pengungkapan atas aset dan kewajiban kontinjensi pada tanggal laporan keuangan;

-

the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements.

-

jumlah pendapatan dan beban selama periode pelaporan.

-

the reported amountsof the revenues and expenses during the reporting period.

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(Disajikan dalam Rupiah, kecuali dinyatakan lain) Walaupun estimasi ini dibuat berdasarkan pengetahuan terbaik manajemen atas kejadian dan tindakan saat ini, hasil yang timbul mungkin berbeda dengan jumlah yang diestimasi semula.

Although these estimates are based on management's best knowledge of current events and activities, actual results may differ from those estimates.

Seluruh angka dalam laporan keuangan ini, kecuali dinyatakan secara khusus, disajikan dalam mata uang Rupiah penuh

Figures in the financial statements are expressed in Rupiah unless otherwise stated.

b. Transaksi Dalam Mata Uang Asing

b.

(1) Mata uang pelaporan

(1) Reporting currency

Laporan keuangan dijabarkan dalam mata uang Rupiah, yang merupakan mata uang pelaporan Perusahaan

The financial statements are presented in Rupiah, which is the reporting currency of the Company

(2) Transaksi dan saldo

(2) Transactions and Balances

Transaksi dalam mata uang asing dijabarkan ke mata uang Rupiah dengan menggunakan kurs yang berlaku pada tanggal transaksi. Pada tanggal neraca, aset dan kewajiban moneter dalam mata uang asing dijabarkan dengan kurs yang berlaku pada tanggal neraca.

Transactions denominated in foreign currencies are converted into Rupiah at the exchange rate prevailing at the date of the transactions. At the balance sheet date, monetary assets and liabilities in foreign currencies are translated at the exchange rate prevailing at that date.

Keuntungan dan kerugian dari selisih kurs yang timbul dari transaksi dalam mata uang asing dan penjabaran aset dan kewajiban moneter dalam mata uang asing, diakui dalam laporan laba rugi.

Exchange gains and losses arising on transactions in foreign currencies, and on the translation of foreign currency monetary assets and liabilities are recognized in the income statements.

c. Investasi Deposito wajib dan berjangka dinyatakan sebesar nilai nominal.

c.

d. Piutang Premi dan Penyisihan Piutang ragu-ragu Piutang premi diakui pada saat polis diterbitkan sebesar nilai nominal. Umur piutang premi diklasifikasikan : sampai dengan 60 hari dan diatas 60 hari. Penyisihan piutang ragu-ragu, ditentukan berdasarkan hasil penelaahan atas kolektibilitas saldo piutang pada akhir tahun. Piutang dihapuskan dalam periode dimana piutang tersebut dipastikan tidak akan tertagih setelah mendapat persetujuan Rapat Umum Pemegang Saham. Penerimaan (pemulihan) kembali piutang yang telah dihapuskan (write-off), diakui dalam laporan laba rugi.

Investment Statutory deposits and time deposits are stated at nominal value. The Company classified its investments in debt and equity securities into the following categories: for trading, held-tomaturity and available-for-sale. The classification is dependent on the purpose for which the investments were acquired. Management determines the classification of its investments at the time of the purchase and re-evaluates such designation on a regular basis. Investments that are acquired principally for the purpose of generating a gain from short-term fluctuations in price are classified as trading investments. Investments with a fixed maturity that management has the intention and ability to hold to maturity are classified as held-to-maturity. Investments not classified as either held-to-maturiy or trading securities are classified as available-for-sale, in conformity with PSAK No. 50 " Accounting for investment in certain securities".

Perusahaan mengklasifikasi investasi pada efek hutang dan ekuitas yang dimilikinya sebagai berikut : efek yang "diperdagangkan", "dimiliki hingga jatuh tempo", dan "tersedia untuk dijual". Klasifikasi ini tergantung pada tujuan dilakukannya investasi tersebut. Manajemen menentukan klasifikasi tiap-tiap investasi yang dimilikinya pada saat pembelian dan melakukan evaluasi ulang terhadap pengklasifikasian tersebut secara berkala. Investasi yang tujuan utamanya adalah untuk memperoleh keuntungan dari fluktuasi harga dalam jangka pendek diklasifikasikan sebagai efek yang diperdagangkan. Investasi yang memiliki waktu jatuh tempo yang pasti, dimana manajemen memiliki maksud dan kemampuan untuk memiliki efek tersebut hingga jatuh temponya diklasifikasikan sebagai "dimiliki hingga jatuh tempo". Investasi yang tidak digolongkan sebagai "dimiliki hingga jatuh tempo" atau "efek yang diperdagangkan" diklasifikasikan sebagai "tersedia untuk dijual", sesuai dengan PSAK No. 50 tentang "Akuntansi Investasi Efek Tertentu". Penyertaan saham pada perusahaan lain sejumlah kurang dari 20% dinyatakan dengan metode biaya perolehan sedangkan penyertaan saham sejumlah 20% sampai dengan 50% dinyatakan dengan metode ekuitas.

Halaman 9

Foreign currency transaction

Direct investment in shares of other Company's stocks with holding of less than 20% are recorded at cost and holding of between 20% and 50% are recorded at equity method. d.

Premium Receivables and Allowance for Doubtfull Accounts Premium receivables are recognized when the insurance policies are issued at par value. The aging of preimum receivables are classified : up to 60 days and over 60 days. The Company provide allowance for doubtfull accounts based on a review of receivables collectibility at end of year. Premium receivables are written off in the period which they are determined to be not collectible, and approved by Shareholders General Meeting. Cash received (recovery) from premium receivables which it already written off, is recognized in the Income Statements.

Page 9



(Disajikan dalam Rupiah, kecuali dinyatakan lain) e. Aset Tetap Aset tetap dinyatakan berdasarkan biaya perolehan kecuali, aset tetap tertentu yang telah dinilai kembali oleh lembaga penilai independen, setelah dikurangi dengan akumulasi penyusutan. Penyusutan dihitung dengan menggunakan metode-saldo-menurun ganda (double declining-balance method), kecuali bangunan menggunakan metode garis-lurus (straight-line method) selama masa manfaat, yaitu :

e.

Fixed Assets Fixed assets are stated at cost, except for certain assets which are appraised by independent appraiser, less accumulated depreciation. Depreciation is computed using the double declining balance method, except for the buildings using straight line method over their useful lives, as follows:

Tarif penyusutan per tahun /

Depreciation rates per annum

Kelompok Bangunan Kendaraan bermotor Peralatan dan perabot kantor Perabot dan perlengkapan mess

Buildings Motor vehicles Office equipment and furniture Mess furniture and fixtures

Biaya pemeliharaan dan perbaikan diakui sebagai beban pada saat terjadinya. Pengeluaran yang memperpanjang masa manfaat aset, dikapitalisasi dan disusutkan sesuai dengan tarif penyusutan yang bersangkutan.

The cost of maintenance and repairs is charge to operations as incurred. Expenditures which extend the useful life of assets, are capitalized and depreciated based on applicable depreciation rate.

Apabila aset tetap tidak digunakan lagi (rusak atau dihapus bukukan), atau dijual, maka nilai tercatat dan akumulasi penyusutannya dikeluarkan dari laporan keuangan, dan keuntungan dan kerugian yang dihasilkan diakui dalam laporan laba rugi. Aset dalam penyelesaian dinyatakan sebesar biaya perolehan. Biaya tersebut direklasifikasi ke akun aset tetap pada saat selesai dan siap digunakan.

When assets are retired (damage or written off), or disposed of, their carrying values and the related accumulated depreciation are eliminated from the financial statements, and the resulting gains or lossess is reflected in the income statements. Construction in progress is stated at cost, and transferred to the respective fixed asset accounts when completed and ready for use.

f. Piutang Reasuransi Reasuransi ragu-ragu

Halaman 10

5% atau 20 tahun / 5% or 20 years 50% atau 4 tahun / 50% or 4 years 25 % atau 8 tahun / 25% or 8 years 25 % atau 8 tahun / 25% or 8 years

Class

dan

Penyisihan

Piutang

f.

Reinsurance Receivables and Allowance for Doubtfull Accounts

Piutang reasuransi diakui pada saat timbulnya tagihan kepada perusahaan reasuradur sebesar nilai nominal. Untuk mengurangi resiko penutupan polis asuransi, Perusahaan mereasuransikan sebagian resiko polis yang ditutupnya ke perusahaan reasuransi dan tidak mengakui ganti rugi atas klaim asuransi yang menjadi tanggungan perusahaan reasuradur.

Reinsurance receivable are recognized at nominal value when debit note are issued to reinsurer company. To reduce its underwriting risk, the company reinsures some of policy risk to reinsurer / insurance company for which the company is not liable.

Jika Perusahaan asuransi lain dan Perusahaan reasuransi tidak dapat memenuhi kewajibannya berdasarkan perjanjian reasuransi, maka Perusahaan memiliki kewajiban kontijensi atas seluruh klaim tersebut. Perjanjian reasuransi yang dimiliki Perusahaan meliputi perjanjian reasuransi treaty proporsional dan non proporsional (excess of loss), maupun perjanjian reasuransi fakultatif. Dalam proses reasuransi, Perusahaan dapat melakukan melalui treaty baik secara proporsional maupun non proporsional (excess of loss) serta perjanjian reasuransi fakultatif. Umur piutang reasuransi diklasifikasikan : sampai dengan 60 hari dan diatas 60 hari.

To the extent that the reinsures are unable to meet their obligations under the reinsurance agreements, the Company is contingently liable for all such losses. The Company has proportional and non proportional treaty reinsuranse, and faculative reinsurance agreement. In reinsurance process, the Company may enter into otomatic reinsuranse agreement treaty type both proportional and non proportional (excess of loss) or facultative reinsurance agreement. The aging of reinsurance receivables are classified up to 60 days, and above 60 days.

Penyisihan piutang reasuransi ditentukan berdasarkan hasil penelahaan atas kolektibilitas piutang reasuransi pada setiap akhir tahun. Piutang reasuransi dihapuskan dalam periode dimana piutang tersebut dipastikan tidak akan tertagih setelah mendapat persetujuan Rapat Umum Pemegang Saham. Penerimaan (pemulihan) kembali piutang reasuransi yang telah dihapuskan (write off), diakui dalam laporan laba rugi

The Company provide allowance for doubtfull accounts based on a review of reinsurance receivables collectibility at end of year. Reinsurance premium receivables are written off in the period which they are determined to be not collectible, and approved by Shareholders General Meeting. Cash received (recovery) from reinsurance receivables which it already written off is recognized in the Income Statements.

Page 10



(Disajikan dalam Rupiah, kecuali dinyatakan lain) g. Pengakuan Pendapatan Premi dan Premi Yang Belum Merupakan Pendapatan

g.

Pendapatan Premi Premi yang diperoleh sehubungan dengan kontrak asuransi dan reasuransi diakui sebagai pendapatan selama periode polis (kontrak) berdasarkan proporsi jumlah proteksi yang diberikan. Premi dari polis penutupan bersama (ko asuransi) diakui sebesar pangsa premi yang diterima oleh Perusahaan. Premi yang menjadi hak reasuradur diakui sebagai premi reasuransi selama periode kontrak reasuransi secara proporsional dengan proteksi yang diperoleh.

Premium Revenue Premium earned from insurance and reinsurance contracts are recognized as revenue for periode covered by the policy base on the portion of protection covered. Premium from closed joint policies (co insurance) is recognized for share of premium received by the Company. Reinsurer's right on premium regocnized as reinsurance premium during contract period proportionally to protection covered.

Premi Yang Belum Merupakan Pendapatan Premi yang belum merupakan pendapatan dihitung sekurangkurangnya 10% dari premi neto untuk polis dengan masa pertanggungan kurang dari 1 (satu) bulan dan 40% dari premi neto untuk polis dengan masa pertanggungan lebih dari 1 (satu) bulan berdasarkan Keputusan Menteri Keuangan Republik Indonesia Nomor 424/KMK.06/2003 tanggal 30 September 2003.

Unearned premium Unearned premium is determined not less than 10% of net premium for policy with covered period of one month or less and 40% of net premium for policy with coverage period of more than one month based on the Decree of the Minister of Finance No. 424/KMK.06/2003 dated September 30, 2003.

h. Pengakuan Beban Klaim dan Estimasi Klaim Retensi Sendiri

h.

Claims Expense and Estimated Own Retention Claims Recognition Claims Expense

Beban Klaim Beban klaim meliputi klaim yang disetujui (settled claims), klaim dalam proses penyelesaian termasuk klaim yang terjadi namun belum dilaporkan dan beban penyelesaian klaim. Klaim diakui sebagai beban pada saat timbulnya kewajiban untuk memenuhi klaim. Bagian klaim yang diterima dari reasuradur diakui dan dicatat sebagai pengurang beban klaim pada periode yang sama dengan periode pengakuan beban klaim.

Claim expense consist of settled claims, claims in progress to settle include claims already incurred but not yet reported, and settlement claims expense. Claims expenses is recognized when the claims become payable to the Company. The portion of claims expense received from a reinsurance company is recognized and recorder as a deduction to claims expense in the same period of claim expense recognization.

Penyajian beban klaim dalam laporan laba rugi menunjukkan jumlah klaim bruto, klaim reasuransi dan kenaikan (penurunan) estimasi klaim retensi sendiri. Klaim reasuransi disajikan sebagai pengurang klaim bruto.

Presentation of claims expense in income statement shows total gross claims, reinsurance claims, and increase (decrease) in estimated own retention claims. Reinsurance claims is presented as deduction of gross claims expense.

Estimasi Klaim Retensi Sendiri Estimasi klaim retensi sendiri dihitung atas dasar estimasi kewajiban retensi sendiri dari klaim pada tanggal neraca yang masih dalam proses penyelesaian termasuk klaim yang sudah terjadi namun belum dilaporkan (incurred but not yet reported). Perubahan dalam estimasi klaim retensi sendiri diakui dalam laporan laba rugi periode terjadinya perubahan. Kenaikan (penurunan) estimasi klaim retensi sendiri merupakan selisih estimasi klaim retensi sendiri periode berjalan dan periode lalu.

Estimated own retention claims are detemined based on estimated liabilities on claims in progress of settlement as at balance sheet date, including estimated claims already incurred but not yet reported. Movements in estimated own retention claims are recognized in income statements in the period its occurred. Changes in estimated own retention claims are the difference between own retention claims for current period with those of prior period.

i. Beban Komisi dan Beban Usaha Beban Komisi Komisi yang diberikan kepada pialang asuransi, agen dan perusahaan asuransi lain sehubungan dengan penutupan pertanggungan dicatat sebagai beban komisi, sedangkan komisi yang diterima dari transaksi reasuransi dicatat sebagai pengurang beban komisi dibayar.

Estimated Own Retention Claims

i.

Beban Usaha Beban usaha dan beban lain-lain diakui pada saat terjadinya beban yang bersangkutan (accrual basis). j. Perpajakan Beban pajak kini ditentukan berdasarkan laba kena pajak dalam periode bersangkutan yang dihitung tarif pajak yang berlaku. Aset dan kewajiban pajak tangguhan diakui atas konsekuensi pajak periode mendatang yang timbul dari perbedaan jumlah tercatat aset dan kewajiban menurut laporan keuangan dengan dasar pengenaan pajak aset dan kewajiban. Kewajiban pajak tangguhan diakui untuk semua perbedaan temporer kena pajak dan aset pajak tangguhan diakui untuk perbedaan temporer yang boleh dikurangkan, sepanjang besar kemungkinan dapat dimanfaatkan untuk mengurangi laba kena pajak pada masa datang.

Halaman 11

Premium Income Recognition and Unearned Premium Reserves

j.

Commisions and Operating Expenses Commisions Expense Commisions paid to reinsurance broker, agent and other insurance companies are recorded as commission expense. Commissions received from reinsurance transaction are recorded as deduction of commission expense. Operating Expense Operating and other expense are recognized at the period in which the transactions are incurred (accrual basis) Tax Current tax expense is determined based on the taxable income for the year computed using prevailing tax rates. Deffered tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases. Deffered tax liabilities are recognized for all taxable temporary differences and deffered tax assets are recognized for deductible temporary differences to the extent that it is probable that taxable income will be available in future periods against which the deductable temporary differences can be utilized.

Page 11



(Disajikan dalam Rupiah, kecuali dinyatakan lain) k. Imbalan Pasca Kerja Berdasarkan Surat Keputusan Direksi No. 001A/D/A/I/1992 tanggal 2 Januari 1992, Perusahaan menetapkan pemberian iuran pensiun karyawan yang merupakan pengalihan dari dana kesejahteraaan pegawai. Pengelolaan program pensiun untuk seluruh karyawan diselenggarakan melalui kerjasama dengan PT Asuransi Bumi Putera John Hancock dan DPLK Jiwasraya. Iuran dana pensiun bulanan yang ditanggung perusahaan adalah sebesar 5,68% dari gaji bruto sedangkan yang menjadi beban pegawai adalah sebesar 4% dari gaji bruto. Disamping itu, perusahaan juga menanggung pembayaran premi asuransi kecelakaan karyawan setiap bulan sebesar 1,83% dari gaji bruto. Iuran yang ditanggung perusahaan, dibebankan dalam laporan laba rugi tahun yang bersangkutan atas dasar akrual. Perusahaan juga membukukan imbalan pasca kerja untuk

k.

Post-employment benefits Based in the Decision of the Board of Directors No 001A/D/A/I/1992 dated January 2, 1992, the Company is to contribute for employee pension plan, formerly, Dana Kesejahteraan Pegawai. The management of pension program for all permanent employee is conducted by cooperation with PT Asuransi Bumi Putera John Hancock and DPLK Jiwasraya. The monthly company's contribution is 5,68% of gross salary, whereas employees contribution is 4% of gross salaries. The Company, also pays monthly premium for accident insurance of 1,83% of gross salaries.The Companys contribution is charged to current income statement by accrual basis.

The Company also provides post employment benefit for all permanent employees as impact of implementation of the Law No. 13 year 2003. For normal pension scheme, the Company calculate and recognized the higher of the benefits under the labor law or those such pension program.

karyawan sebagai dampak dari Undang-undang Nomor 13 tahun 2003. Dalam kondisi pensiun normal, Perusahaan menghitung dan membukukan nilai yang lebih antara imbalan yang diterima karyawan berdasarkan Undang-undang yang berlaku dengan manfaat yang diterima dari program pensiun.

The cost of providing post employment benefit is determined using the projected unit credit method. The accumulated unrecognized actuarial gains and losses that exceed 10% of the greater of the present value of the company's defined benefit obligations and the fair value of plan assets are recognized on straight line basis over the expected average remaining working lives of the participating employees. Past service cost is recognized immediately to the extend that the benefits are already vested, and otherwise is amortized on a straight line basis over the average period until the benefits become vested.

Perhitungan imbalan pasca kerja menggunakan metode projected unit credit. Akumulasi keuntungan dan kerugian akrual bersih yang belum diakui yang melebihi jumlah yang lebih besar diantara 10% dari nilai kini imbalan pasti dan 10% nilai wajar aset program diakui dengan metode garis lurus selama rata-rata sisa masa kerja yang diperkirakan dari para pekerja dalam program tersebut. Biaya jasa lalu dibebankan langsung apabila imbalan tersebut menjadi hak atau vested, dan sebaliknya akan diakui sebagai beban dengan metode garis lurus selama periode rata-rata sampai imbalan tersebut menjadi vested. l. Pihak - pihak yang Mempunyai Hubungan

l.

Related parties The Company has entered transactions with related parties.In accordance with Statement of Financial Accounting Standard (PSAK) No. 7, related parties are as follow:

Perusahaan mempunyai transaksi dengan pihak-pihak yang mempunyai hubungan istimewa. Sesuai dengan Pernyataan Standar Akuntansi No.7, yang dimaksud dengan hubungan istimewa adalah sebagai berikut:

Halaman 12

1 Perusahaan yang melalui satu atau lebih perantara (intermediaries ), mengendalikan, atau dikendalikan oleh, atau berada dibawah pengendalian bersama dengan pelapor (termasuk holding companies, fellow subsidiaries )

1

A company who by one or more intermediaries, controls, or is controlled by, or under the same control with the reporting entity (includes holding companies, fellow subsidiaries).

2 Perusahaan asosiasi.

2

Associated company.

3 Perorangan yang memiliki, baik secara langsung maupun tidak langsung, suatu kepentingan hak suara di perusahaan pelapor yang berpengaruh secara signifikan, dan anggota-anggota keluarga dekat dari perorangan tersebut (yang dimaksud dengan anggota keluarga dekat adalah mereka yang dapat diharapkan mempengaruhi atau dipengaruhi perorangan tersebut dalam transaksinya dengan perusahaan pelapor).

3

A person who owns, either directly or indirectly, a voting rights in reporting entity which has significant influence, and close relatives of that person (close relatives are they who can be expected to influence or to be influenced by related person in transaction with the reporting entity).

4 Karyawan kunci, yaitu orang-orang yang mempunyai wewenang dan tanggung jawab untuk merencanakan, memimpin dan mengendalikan kegiatan perusahaan pelapor, yang meliputi anggota Dewan Komisaris dan Manajer Perusahaan serta anggota keluarga dekat orang-orang tersebut.

4

Key employees, which are persons who have rights and responsibilities to plan, to lead, and to control the activities of reporting entity, which includes the member of Board of Commissioners, the Company Manager, and their close relatives.

Page 12



(Disajikan dalam Rupiah, kecuali dinyatakan lain) 5

5 Perusahaan dimana suatu kepentingan substansial dalam hak suara yang dimiliki, baik secara langsung maupun tidak langsung, oleh setiap orang yang diuraikan dalam butir 3 atau 4 atau setiap orang tersebut mempunyai pengaruh signifikan atas perusahaan tersebut. Hal ini mencakup perusahaanperusahaan yang dimiliki anggota dewan komisaris, direksi atau pemegang saham utama dari perusahaan pelapor dan perusahaan-perusahaan yang mempunyai anggota manajemen kunci yang sama dengan perusahaan pelapor. Pengendalian dianggap ada apabila perusahaan memiliki baik secara langsung atau tidak langsung (melalui anak perusahaan), lebih dari 50% hak suara. Meskipun memiliki hak suara 50% atau kurang, pengendalian tetap dianggap ada apabila dapat dibuktikan adanya salah satu kondisi berikut :

Control is assumed if parent company, directly or indirectly owned, more than 50% share in a company. Although a company has share of 50% or less, control is assumed exist if there is condition as follows :

1 Mempunyai hak suara lebih dari 50% berdasarkan suatu perjanjian dengan investor lain;

1 Has right to vote more than 50% beside on aggrement with other investor;

2 Mempunyai hak untuk mengatur dan menentukan kebijakan financial dan operasional perusahaan berdasarkan anggaran dasar atau perjanjian;

2 Has a right to manage and decide financial and operation policies beside on article of association or agreement;

3 Mampu menunjuk atau memberhentikan mayoritas pengurus perusahaan;

3 Has power to changes majority of board of management;

4 Mampu menguasai suara mayoritas dalam rapat pengurus.

4 Has power to influence majority.

m. Laba Bersih per Saham Laba bersih per saham dihitung dengan membagi laba bersih

m.

Net Earnings per Share Net earning per share are calculated by dividing net income by the weighted average number of outstanding shares for the year. The weighted average number of outstanding shares were 300.000.000.

n.

Segment Information Segment information prepare in accordance with accounting policies adopted for preparing and presenting in financial statements. The primary segment information is business segment and while secondary segmen information is geographical segment.

dengan jumlah rata-rata saham yang beredar pada tahun yang bersangkutan. Jumlah rata-rata tertimbang saham yang ditempatkan dan disetor sebanyak 300.000.000 saham. n. Informasi Segmen Informasi segmen disusun sesuai dengan kebijakan akuntansi yang dianut dalam penyusunan dan penyajian laporan keuangan. Bentuk primer informasi segmen adalah segmen usaha, sedangkan informasi segmen sekunder adalah adalah segmen geografis. Segmen usaha adalah komponen perusahaan yang dapat dibedakan dalam menghasilkan suatu produk atau jasa (baik produk atau jasa individual maupun kelompok produk atau jasa terkait) dan komponen itu memiliki resiko dan imbalan yang berbeda dengan risiko dengan dan imbalan segmen lain. Segmen geografis adalah komponen perusahaan yang dapat dibedakan dalam menghasilkan produk atau jasa pada lingkungan (wilayah) ekonomi tertentu, dan komponen itu memiliki risiko dan imbalan yang berbeda dengan risiko dan imbalan yang beroperasi pada lingkungan (wilayah) ekonomi lain.

Halaman 13

A company where a substantial interest in voting rights which is owned, either directly or indirectly, by each person stated in point 3 or 4, or by those persons, have significant influence of that company. These includes companies which are owned by the member of The Board of Commissioners, Directors, or main stockholder of reporting entity, and companies which share key management member with the reporting entity.

A business segment is distinguishable component of a company that is enganged in providing products or services (both individual product or service, or a group of related products or services) and that is subject to risk and returns that are different from those of other business segments. Geographical segment is a distinguishable component of a company that is enganged in providing products or services within a particular economic environment, and that is subject to risk and return that are different from those of components operating in other economic environment.

Page 13

PT. ASURANSI JASA TANIA, Tbk. Notes To Financial Statements September 30, 2010 and 2009 (Expressed in Rupiah, unless otherwise stated)

PT. ASURANSI JASA TANIA, Tbk. Catatan Atas Laporan Keuangan 30 September 2010 dan 2009 (Disajikan dalam Rupiah, kecuali dinyatakan lain)

3.

3. Investasi 2010 a. Deposito Wajib Pihak Ketiga Rupiah PT. Bank Mandiri (Persero), Tbk PT. Bank Rakyat Indonesia (Persero), Tbk PT. Bank Niaga, Tbk Jumlah Investasi Deposito Wajib Tingkat bunga per tahun Rupiah

Investment 2009

600.000.000 1.500.000.000 2.000.000.000 4.100.000.000

3.500.000.000 1.500.000.000 0 5.000.000.000

6,50% - 7,00%

7,00%-10,50%

a. Statutory deposits Third parties Rupiah PT. Bank Mandiri (Persero), Tbk PT. Bank Rakyat Indonesia (Persero), Tbk PT. Bank Niaga, Tbk Interest rate per annum Rupiah

Deposito wajib merupakan dana jaminan dalam bentuk deposito berjangka pada bank umum yang bukan afiliasi. Sesuai dengan Peraturan Pemerintah Nomor 73 tahun 1992 sebagaimana telah dirubah dengan Peraturan Pemerintah Nomor 63 tahun 1999 dan Surat Keputusan Menteri Keuangan Republik Indonesia Nomor 424/KMK.06/2003 tanggal 30 September 2003, jumlah dana jaminan sebesar 20% dari modal disetor yang dipersyaratkan ditambahkan 1% dari premi neto (net earned premium).

Statutory deposits are guarantee deposit in the form of time deposit which its placement is not in affiliated general bank. According to the Government Regulation Number 73 year 1992 which it is changed with the Government Regulation Number 63 year 1999 and the Decision of The Minister of Finance of The Republik of Indonesia No 424/KMK.06/2003 dated September 30, 2003, the amount is 20% of statutory paid up capital plus 1% of increase in net earned premium.

Dana Jaminan yang dimiliki Perusahaan per 30 September 2010 sebesar Rp. 5.100.000.000,- yang terdiri dari Deposito Wajib sebesar Rp. 4.100.000.000,dan Obligasi Ritel Indonesia Seri 005 sebesar Rp. 1.000.000.000,- (catatan: 3.c2) sedangkan per 30 September 2009 sebesar Rp. 5.000.000.000,- atas Deposito Wajib.

Company's Guarantee Fund as of September 30, 2010 was Rp. 5.100.000.000,- which consisted of Statutory Deposit was Rp. 4.100.000.000,- and Indonesian Goverment Bond (ORI) 005 was Rp. 1.000.000.000,- (note: 3.c2), as of September 30, 2009 while the amount Rp. 5.000.000.000,- on Compulsory Deposits.

b. Deposito Berjangka Pihak Istimewa Rupiah PT. Bank Agro, Tbk. Pihak Ketiga Rupiah PT. Bank PT. Bank PT. Bank PT. Bank PT. Bank PT. Bank PT. Bank PT. Bank PT. Bank PT. Bank

Niaga, Tbk Syariah Bukopin Rakyat Indonesia (Persero) Tbk Bukopin, Tbk Mandiri (Persero), Tbk Bumi Putera, Tbk Mega, Tbk Yudha Bhakti Perkreditan Rakyat Pembangunan Daerah

Dollar Amerika Serikat PT. Bank Mandiri (Persero) Tbk Sub Jumlah Pihak ketiga Jumlah Investasi Deposito Biasa Total Investasi Deposito

2010

2009

12.145.000.000

10.695.000.000

4.797.257.656 0 1.225.000.000 4.075.000.000 3.655.500.000 0 3.000.000.000 2.000.000.000 50.000.000 1.000.000.000 19.802.757.656

4.625.000.000 2.700.000.000 4.325.000.000 3.975.000.000 2.355.500.000 50.000.000 3.750.000.000 2.000.000.000 50.000.000 500.000.000 24.330.500.000

9.147.100.000 9.147.100.000

6.534.675.000 6.534.675.000

Third parties : Rupiah PT. Bank Niaga, Tbk PT. Bank Syariah Bukopin PT. Bank Rakyat Indonesia (Persero) Tbk PT. Bank Bukopin, Tbk PT. Bank Mandiri PT. Bank Bumi Putera, Tbk PT. Bank Mega, Tbk PT. Bank Yudha PT. Bank Perkreditan Rakyat PT. Bank Pembangunan Daerah US Dollar : PT. Bank Mandiri (Persero) Tbk

28.949.857.656

30.865.175.000

Total voluntary time deposit - third parties

41.094.857.656 45.194.857.656

41.560.175.000 46.560.175.000

Total voluntary time deposits

Tingkat bunga per tahun Rupiah Dollar Amerika Serikat

b. Time Deposits Related Parties : Rupiah PT. Bank Agro,

6,00% - 9,50%

5,50%-10,50%

0,25%-0.50%

2,50%-2,75%

Interest per annum Rupiah US Dollar

The maturity of time deposits is ranging from 1 up to 12 months.

Jangka waktu penempatan deposito adalah 1 sampai dengan 12 bulan

c. Equity securities-for trading c.1 Equity-for trading

c. Surat Berharga-untuk diperdagangkan c.1. Saham-untuk diperdagangkan 2009 Lembar / Shares Pihak ketiga Harga Perolehan PT. Jasa Marga, Tbk PT. Bumi Resources, Tbk PT. Medco Energi Internasional, Tbk PT. Bank Danamon, Tbk PT. Timah, Tbk PT. International Nickel Indonesia, Tbk PT. Aneka Tambang, Tbk PT. Bank BNI, Tbk

Halaman 14

172.500 50.000 50.000 25.000 25.000 62.500 50.000 37.500 472.500

Rp

212.435.400 220.973.438 160.166.564 111.897.188 52.657.501 283.034.063 102.117.938 50.625.000 1.193.907.092

Third party Acquisition Cost PT. Jasa Marga, Tbk PT. Bumi Resources, Tbk PT. Medco Energi Internasional, Tbk PT. Bank Danamon, Tbk PT. Timah, Tbk PT. International Nickel Indonesia, Tbk PT. Aneka Tambang, Tbk PT. Bank BNI, Tbk

Page 14


PT. ASURANSI JASA TANIA, Tbk. Catatan Atas Laporan Keuangan 30 September 2010 dan 2009 (Disajikan dalam Rupiah, kecuali dinyatakan lain) Harga Pasar PT. Jasa Marga, Tbk PT. Bumi Resources, Tbk PT. Medco Energi Internasional, Tbk PT. Bank Danamon, Tbk PT. Timah, Tbk PT. International Nickel Indonesia, Tbk PT. Aneka Tambang, Tbk PT. Bank BNI, Tbk

172.500 50.000 50.000 25.000 25.000 62.500 50.000 37.500 472.500

322.575.000 161.250.000 145.000.000 123.750.000 53.750.000 259.375.000 122.500.000 79.687.500 1.267.887.500

Laba (rugi) belum direalisasikan PT. Jasa Marga, Tbk PT. Bumi Resources, Tbk PT. Medco Energi Internasional, Tbk PT. Bank Danamon, Tbk PT. Timah, Tbk PT. International Nickel Indonesia, Tbk PT. Aneka Tambang, Tbk PT. Bank BNI, Tbk

110.139.600 (59.723.438) (15.166.564) 11.852.812 1.092.499 (23.659.063) 20.382.062 29.062.500 73.980.408

Market price PT. Jasa Marga, Tbk PT. Bumi Resources, Tbk PT. Medco Energi Internasional, Tbk PT. Bank Danamon, Tbk PT. Timah, Tbk PT. International Nickel Indonesia, Tbk PT. Aneka Tambang, Tbk PT. Bank BNI, Tbk Unrealized gains (losses) PT. Jasa Marga, Tbk PT. Bumi Resources, Tbk PT. Medco Energi Internasional, Tbk PT. Bank Danamon, Tbk PT. Timah, Tbk PT. International Nickel Indonesia, Tbk PT. Aneka Tambang, Tbk PT. Bank BNI, Tbk

2010 Lembar / Shares Pihak ketiga Harga Perolehan PT. Bumi Resources, Tbk PT. Adaro Energy, Tbk PT. Perusahaan Gas Negara (Persero), Tbk PT. International Nickel Indonesia, Tbk PT. Indofood Sukses Makmur, Tbk PT. Bank Tabungan Negara, Tbk PT. Aneka Tambang Harga Pasar PT. Bumi Resources, Tbk PT. Adaro Energy, Tbk PT. Perusahaan Gas Negara (Persero), Tbk PT. International Nickel Indonesia, Tbk PT. Indofood Sukses Makmur, Tbk PT. Bank Tabungan Negara, Tbk PT. Aneka Tambang

75.000 150.000 75.000 25.000 25.000 50.000 50.000 450.000

175.525.000 299.771.625 291.496.875 104.688.125 132.897.500 91.774.500 101.052.250 1.197.205.875

75.000 150.000 75.000 25.000 25.000 50.000 50.000 450.000

159.375.000 303.750.000 288.750.000 121.875.000 140.000.000 95.000.000 118.750.000 1.227.500.000

Laba (rugi) belum direalisasikan PT. Bumi Resources, Tbk PT. Adaro Energy, Tbk PT. Perusahaan Gas Negara (Persero), Tbk PT. International Nickel Indonesia, Tbk PT. Indofood Sukses Makmur, Tbk PT. Bank Tabungan Negara, Tbk PT. Aneka Tambang

c.2. Obligasi-untuk diperdagangkan Pihak ketiga Harga Perolehan Obligasi Ritel Indonesia Seri 005 Obligasi Indosat V tahun 2007 seri A Obligasi Indosat V tahun 2007 seri B Laba (rugi) belum direalisasi : Obligasi Ritel Indonesia Seri 005 Obligasi Indosat V tahun 2007 seri A Obligasi Indosat V tahun 2007 seri B Nilai Tercatat : Obligasi Ritel Indonesia Seri 005 Obligasi Indosat V tahun 2007 seri A Obligasi Indosat V tahun 2007 seri B

Halaman 15

Rp

(16.150.000) 3.978.375 (2.746.875) 17.186.875 7.102.500 3.225.500 17.697.750 30.294.125

2010

1.000.000.000 0 0 1.000.000.000 95.000.000 0 0 95.000.000

2009

1.000.000.000 1.470.000.000 1.685.000.000 4.155.000.000 27.500.000 (30.000.000) 279.000.000 276.500.000

1.095.000.000 0 0

1.027.500.000 1.440.000.000 1.964.000.000

1.095.000.000

4.431.500.000

Third party Acquisition Cost PT. Bumi Resources, Tbk PT. Adaro Energy, Tbk PT. Perusahaan Gas Negara (Persero), Tbk PT. International Nickel Indonesia, Tbk PT. Indofood Sukses Makmur, Tbk PT. Bank Tabungan Negara, Tbk PT. Aneka Tambang Market price PT. Bumi Resources, Tbk PT. Adaro Energy, Tbk PT. Perusahaan Gas Negara (Persero), Tbk PT. International Nickel Indonesia, Tbk PT. Indofood Sukses Makmur, Tbk PT. Bank Tabungan Negara, Tbk PT. Aneka Tambang Unrealized gains (losses) PT. Bumi Resources, Tbk PT. Adaro Energy, Tbk PT. Perusahaan Gas Negara (Persero), Tbk PT. International Nickel Indonesia, Tbk PT. Indofood Sukses Makmur, Tbk PT. Bank Tabungan Negara, Tbk PT. Aneka Tambang

c.2 Bond-for trading Third party Acquisition Cost Obligasi Ritel Indonesia Seri 005 Obligasi Indosat V tahun 2007 seri A Obligasi Indosat V tahun 2007 seri B Unrealized gain (loss): Obligasi Ritel Indonesia Seri 005 Obligasi Indosat V tahun 2007 seri A Obligasi Indosat V tahun 2007 seri B

Obligasi Ritel Indonesia Seri 005 Obligasi Indosat V tahun 2007 seri A Obligasi Indosat V tahun 2007 seri B

Page 15


PT. ASURANSI JASA TANIA, Tbk. Catatan Atas Laporan Keuangan 30 September 2010 dan 2009 (Disajikan dalam Rupiah, kecuali dinyatakan lain) Obligasi Ritel Indonesia (ORI) 005, tingkat bunga 11,45% per tahun, jatuh tempo pada 15 September 2013 atau berjangka waktu 5 tahun. Bunga dibayar setiap bulan tanggal 15. Sedangkan Obligasi Indosat V tahun 2007 seri A, tingkat bunga 10,20% per tahun, jatuh tempo pada tanggal 29 Mei 2014, bunga dibayar pada tanggal 28 setiap triwulan. Dan Obligasi Indosat V tahun 2007 seri B, tingkat bunga 10,65% per tahun, jatuh tempo pada tanggal 29 Mei 2017, bunga dibayar pada tanggal 28 setiap triwulan.

Indonesian Government Bond (ORI) 005, bearing interenst rate 11,45% per annum, maturity date at September 15, 2013 or 5 years periodes, interest paid at 15 days each months. While Indosat Bond V 2007 year seri A, bearing interest rate 10,20% per annum, maturity date at May 29, 2014 and interest income paid at 28 date for quaterly. And Indosat Bond V 2007 year seri B, bearing interest rate 10,65% per annum, maturity date at May 29, 2017 and interest income paid at 28 date for quaterly. d. Equity securities held to maturity

d. Surat Berharga yang Dimiliki hingga Jatuh Tempo Obligasi dimiliki hingga jatuh tempo Pihak Ketiga Nominal Sukuk Ritel SR-001 Bank Tabungan Negara XIII Th 2009 Seri A Medco Energi Int. II Tahun 2009 seri A Medco Energi Int. II Tahun 2009 seri B Obligasi Ritel Indonesia Seri 006 Bank Panin III Tahun 2009 PT. Salim Ivomas Pratama I tahun 2009 Pupuk Kalimantan Timur II Tahun 2009 Jumlah obligasi dimiliki hingga jatuh tempo Harga Pasar Sukuk Ritel SR-001 Bank Tabungan Negara XIII Th 2009 Seri A Medco Energi Int. II Tahun 2009 seri A Medco Energi Int. II Tahun 2009 seri B Obligasi Ritel Indonesia Seri 006 Bank Panin III Tahun 2009 PT. Salim Ivomas Pratama I tahun 2009 Pupuk Kalimantan Timur II Tahun 2009 Jumlah

Halaman 16

2010

2009

Bond held to maturity

3.000.000.000 1.000.000.000 2.000.000.000 3.000.000.000 2.000.000.000 2.000.000.000 1.000.000.000 1.000.000.000

3.000.000.000 1.000.000.000 2.000.000.000 3.000.000.000 2.000.000.000 0 0 0

Third party Par Value Sukuk Ritel SR-001 Bank Tabungan Negara XIII Th 2009 Seri A Medco Energi Int. II Tahun 2009 seri A Medco Energi Int. II Tahun 2009 seri B Obligasi Ritel Indonesia Seri 006 Bank Panin III Tahun 2009 PT. Salim Ivomas Pratama I tahun 2009 Pupuk Kalimantan Timur II Tahun 2009

15.000.000.000

11.000.000.000

Total Bond held to maturity

3.231.000.000 1.035.200.000 2.142.000.000 3.330.000.000 2.051.000.000 2.068.000.000 1.030.000.000 1.017.000.000

3.150.000.000 1.000.000.000 2.064.000.000 3.120.000.000 2.000.000.000 0 0 0

Market price Sukuk Ritel SR-001 Bank Tabungan Negara XIII Th 2009 Seri A Medco Energi Int. II Tahun 2009 seri A Medco Energi Int. II Tahun 2009 seri B Obligasi Ritel Indonesia Seri 006 Bank Panin III Tahun 2009 PT. Salim Ivomas Pratama I tahun 2009 Pupuk Kalimantan Timur II Tahun 2009

15.904.200.000

11.334.000.000

Total

Sukuk Ritel SR001, tingkat bunga 12% per tahun, berjangka waktu 3 tahun pada tanggal 25 Februari 2012 dan Obligasi Bank Tabungan Negara XIII Seri A tahun 2009, tingkat bunga 11,75% per tahun, berjangka waktu 3 tahun pada tanggal 29 Mei 2012. Sedangkan Obligasi Medco Energi Int.II Seri A tahun 2009, tingkat bunga 13,375% per tahun, berjangka waktu 3 tahun pada tanggal 17 Juni 2012 dan Obligasi Medco Energi Int.II Seri B tahun 2009, tingkat bunga 14,25% per tahun, berjangka waktu 5 tahun pada tanggal 17 Juni 2014. Obligasi Ritel Indonesia (ORI) 006 tingkat bunga 9.35 % berjangka waktu 3 tahun pada tanggal 15 Agustus 2012.

Bond Sukuk Ritel SR001, interest rate 12,00% per annum, maturity date 3 years at February 25, 2012 and Bond Bank Tabungan Negara XIII Seri A year 2009, interest rate 11,75% per annum. maturity date 3 years at May 29, 2012. While bond Medco Energy Int.II Seri A year 2009, interest rate 13,375% per annum, maturity date 3 years at June 17, 2012 and bond Medco Energy Int.II Seri B year 2009, interest rate 14,25% per annum, maturity date 5 years at June 17, 2014. Indonesian Government Bond (ORI) 006, bearing interenst rate 9,35% per annum, maturity date at August 15, 2012 or 3 years periodes.

Obligasi Bank Panin III tahun 2009, tingkat bunga 11,50% per tahun, berjangka waktu 5 tahun pada tanggal 06 Oktober 2014 dan Obligasi PT. Salim Ivomas Pratama tahun 2009, tingkat bunga 11,65% per tahun, berjangka waktu 5 tahun pada tanggal 01 Desember 2014, sedangkan Obligasi Pupuk Kalimantan Timur II Tahun 2009, tingkat bunga 10,75 % berjangka waktu 5 tahun pada tanggal 04 Desember 2014.

Bond Bank Panin III year 2009, interest rate 11,50% per annum. maturity date 5 years at October 06, 2014 and bond PT. Salim Ivomas Pratama year 2009, interest rate 11,65% per annum, maturity date 5 years at December 01, 2014. Bond Pupuk Kalimantan Timur II year 2009, interest rate 10,75% per annum. maturity date 5 years at December 04, 2014.

Page 16



e. Equity securities available for sale e.1 Equity available for sale

e. Surat Berharga yang Tersedia Untuk Dijual e.1.Saham Yang Tersedia Untuk Dijual

2010 Lembar / Shares

Rp

Pihak ketiga Harga Perolehan PT. Multi Polar, Tbk PT. Indah Kiat Pulp and Paper, Tbk

55

55

130.500

246.326.672

PT. Panin Financial, Tbk

4.295.000

840.497.641

PT. Trias Sentosa, Tbk

1.337.500

285.457.275

PT. Intiland Development, Tbk

1.000.000

195.390.000

6.763.055

1.567.671.643

55

55

Harga Pasar PT. Multi Polar, Tbk PT. Indah Kiat Pulp and Paper, Tbk

130.500

241.425.000


4.295.000

794.575.000


1.337.500

264.825.000


1.000.000

179.000.000

6.763.055

1.479.825.055

Laba (rugi) belum direalisasikan PT. Indah Kiat Pulp and Paper, Tbk

(4.901.672)


(45.922.641)


(20.632.275)


(16.390.000)

Third party Acquisition Cost PT. Multi Polar, Tbk PT. Indah Kiat Pulp and Paper, Tbk PT. Panin Financial, Tbk PT. Trias Sentosa, Tbk PT. Intiland Development, Tbk Market Price PT. Multi Polar, Tbk PT. Indah Kiat Pulp and Paper, Tbk PT. Panin Financial, Tbk PT. Trias Sentosa, Tbk PT. Intiland Development, Tbk Unrealized gain (losses) PT. Indah Kiat Pulp and Paper, Tbk PT. Panin Financial, Tbk PT. Trias Sentosa, Tbk PT. Intiland Development, Tbk

(87.846.588) 2009 Lembar / Shares

Rp

Pihak ketiga Harga Perolehan PT. Bank Negara Indonesia (Persero) Tbk PT. Aneka Tambang, Tbk

515.000

883.330.125

50.000

218.108.125

565.000

1.101.438.250

515.000

1.094.375.000

Harga Pasar PT. Bank Negara Indonesia (Persero) Tbk PT. Aneka Tambang, Tbk

50.000

122.500.000

565.000

1.216.875.000

Laba (rugi) belum direalisasikan PT. Bank Negara Indonesia (Persero) Tbk

211.044.875

PT. Aneka Tambang, Tbk

(95.608.125)

Third party Acquisition Cost PT. Bank Negara Indonesia (Persero) Tbk PT. Aneka Tambang, Tbk Market Price PT. Bank Negara Indonesia (Persero) Tbk PT. Aneka Tambang, Tbk Unrealized gain (losses) PT. Bank Negara Indonesia (Persero) Tbk PT. Aneka Tambang, Tbk

115.436.750 e.2.Obligasi yang tersedia untuk dijual Pihak Ketiga Harga Perolehan PLN X Tahun 2009 Seri A Laba (rugi) belum direalisasi : PLN X Tahun 2009 Seri A Nilai Tercatat : PLN X Tahun 2009 Seri A Jumlah obligasi yang tersedia untuk dijual Pihak hubungan istimewa : PTP. Nusantara V Seri A Tahun 2003 Harga Perolehan Laba (rugi) belum direalisasi Nilai Tercatat Jumlah obligasi yang tersedia untuk dijual

2010

e.2 Bond available for sale Third party Acquisition Cost PLN X Tahun 2009 Seri A

2.000.000.000

2.000.000.000

2.000.000.000

2.000.000.000

90.000.000

80.000.000

90.000.000

80.000.000

2.090.000.000

2.080.000.000

Carrying value: PLN X Tahun 2009 Seri A

2.090.000.000

2.080.000.000

Total Bond available for sale

997.000.000 10.200.000

997.000.000 35.000.000

Related party PTP. Nusantara V Seri A Tahun 2003 Acquisition Cost Unrealized gain (loss)

1.007.200.000

1.032.000.000

Carrying value

3.097.200.000

3.112.000.000

Total Bond available-for-sale

Berdasarkan hasil penilaian lembaga pemeringkat PT Pefindo, untuk periode peringkat dari tanggal 23 Oktober 2009 sampai dengan 01 November 2010 obligasi yang dimiliki Perusahaan mempunyai rating dari A hingga AA-.

Halaman 17

2009

Unrealized gain (loss): PLN X Tahun 2009 Seri A

Based on the result of valuation from rating institution PT Pefindo, for the period from October 23, 2009 to November 01, 2010 The Company's bonds have its rating from A to AA-.

Page 17


PT. ASURANSI JASA TANIA, Tbk. Catatan Atas Laporan Keuangan 30 September 2010 dan 2009 (Disajikan dalam Rupiah, kecuali dinyatakan lain) f. Reksadana Harga Perolehan Reksadana Si Dana Batavia Terbatas Maxima Laba (rugi) belum direalisasi : Reksadana Si Dana Batavia Terbatas Maxima Nilai Tercatat Reksadana Si Dana Batavia Terbatas Maxima

g. Investasi pada perusahaan asosiasi PT. Jasa Tania Medika Harga Perolehan Bagian laba perusahaan anak Nilai tercatat PT. Asuransi MAIPARK Indonesia Jumlah

2010 5.000.000.000

0

62.443.748

0

5.062.443.748

0

600.000.000 342.987.252

600.000.000 342.987.252

942.987.252 144.200.000 1.087.187.252

942.987.252 144.200.000 1.087.187.252

f. Mutual Fund Acquisition Cost Reksadana Si Dana Batavia Terbatas Maxima Unrealized gain (loss): Reksadana Si Dana Batavia Terbatas Maxima Carrying value Reksadana Si Dana Batavia Terbatas Maxima

g. Investment in associates company PT Jasa Tania Medika Acquisition Cost Profit shares from associated company Carrying amounts PT Asuransi Maipark Indonesia Total

PT Jasa Tania Medika ("JTM") adalah perusahaan yang bergerak dibidang program jaminan kesehatan masyarakat. Modal disetor JTM adalah sebesar Rp 3.000.000.000 yang dimiliki oleh Perusahaan (20%), PT Dapenbum Nusantara (40%) dan PT Kaeres Jasa International (40%).

PT Jasa Tania Medika ("JTM") is an entity engage in area of guarantee program of social health. The JTM's paid up capital is amounting Rp 3.000.000.000 which is owned by PT Dapenbum Nusantara (40%), The Company (20%) and PT Kaeres Jasa International (40%).

Penyertaan kepada PT Asuransi Maipark Indonesia dilakukan sehubungan dengan Surat Edaran Departemen Keuangan - Direktorat Jenderal Lembaga Keuangan No. SE-60471/LK/2003 tanggal 11 Nopember 2003, yang menyatakan bahwa semua perusahaan asuransi umum dan reasuransi menjadi pemegang saham PT Asuransi Maipark Indonesia minimal 0,5% dari total nilai investasi per 31 Desember 2002. Kepemilikan Perusahaan pada PT Asuransi Maipark Indonesia adalah sebesar 0,5%.

Direct placement in PT Asuransi Maipark Indonesia was taken in relation with Circular Letter of the Department of Finance - Directorate General of Financial Instituion No.SE-6047/LK/2003 dated November 11, 2003, which stated general insurances companies and reinsurance companies should be come shareholder of PT Asuransi Maipark Indonesia with minimum 0,5 % of total investment as of December 31, 2002. Percentage of ownership of shares of PT Asuransi Maipark Indonesia is 0,5%.

h. Investasi Lainnya

Halaman 18

2009

h. Other Investment

Akun ini merupakan investasi pengelolaan dana pada manajer investasi di PT Makinta Securities sesuai dengan kontrak pengelolaan Asset No 074/MSVMW/I/04 tanggal 10 Mei 2004. Manajer Investasi mentargetkan hasil investasi sebesar 14% per tahun. Pemilik dana wajib membayar biaya investasi dana sebesar 1% per tahun dihitung dari rata-rata Nilai aset Bersih pada setiap akhir bulan dan dibayarkan secara periodik. Pengelolaan dana ini akan berlangsung untuk jangka waktu minimal 1 tahun. Saldo dana tanggal 30 September 2009 adalah Rp. 489311983.0

This account represents investment in fund manager of PT Makinta Securities based on fund management contract No 074/MS-VMW/I/04 dated May 10, 2004. The fund manager forecasted return on investment of 14% p.a. the fund owner should pay annual investment expense of 1% p.a. of average Net Asset Value, and should be paid periodically. The period of fund management is not less than one year. The fund balances as of September 30, 2009 were Rp. 489311983.0

Berdasarkan surat No. 050/DAK/II/2010 tanggal 25 Februari 2010 dari PT. Asuransi Jasa Tania, Tbk, PT. Makinta Securitas telah menyetujui untuk mengakhiri pengelolaan dana tersebut dengan nilai investasi sebesar Rp. 509.460.334,-. Selanjutnya pada tanggal 02 Maret 2010 PT. Makinta Securitas telah merealisasikan pencairan investasi tersebut.

Based on the letter No. 050/DAK/II/2010 at February 25, 2010 from PT. Asuransi Jasa Tania, Tbk, PT. Makinta Securitas has agreed to terminate the management contract investment of Rp. 509.460.334,- . After date on March 02, 2010 PT. Makinta Securitas realized of funds investment.

Page 18



4.

4. Kas dan Bank

Kas Rupiah Dollar Amerika Serikat Jumlah Kas Bank Pihak hubungan istimewa Rupiah PT. Bank Agro, Tbk. Pihak Ketiga Rupiah PT. Bank Mandiri PT. Bank Bukopin PT. Bank Rakyat Indonesia PT. Bank Niaga PT. BPR Cinta Manis PT. Bank Mega Citibank NA PT. BPR Bunga Mayang PT. BPR Lokadana Sentosa PT. BPR Centradana Kapuas PT. Bank Bumiputera PT. Bank Central Asia PT. Bank Pembangunan Daerah PT. Bank Negara Indonesia Dollar Amerika Serikat PT. Bank Mandiri Citibank NA PT. Bank Niaga Jumlah Bank Total Kas dan Bank Tingkat bunga per tahun Rupiah Dollar Amerika Serikat

Cash and Banks

2010

2009

174.817.538 48.419.589 223.237.128

107.914.553 21.547.699 129.462.252

Cash on hand Rupiah US Dollar Total Cash

972.103.298

Cash in banks Related parties : Rupiah PT Bank Agro Tbk

765.209.828

4.155.363.604 382.333.779 433.684.797 499.108.044 4.459.764 53.586.853 53.090.568 33.458.998 4.672.910 5.925.493 0 2.836.580 31.564.207 9.375.213 5.669.460.810

4.202.563.887 872.037.691 888.768.170 519.358.423 8.320.727 39.797.663 81.110.321 23.885.506 4.386.710 5.006.500 6.372.090 2.979.982 12.148.531 3.000.000 6.669.736.202

1.853.133.630 201.507.266 88.277.359 2.142.918.255 8.577.588.892 8.800.826.020

451.834.693 1.891.365.093 14.891.305 2.358.091.091 9.999.930.590 10.129.392.842

2,00% - 2,50% 1,00% - 1,50%

2,00% - 2,50% 1,00% - 1,50%

5.

5. Piutang Premi Akun ini merupakan tagihan premi baik langsung kepada tertanggung atau melalui pihak perantara (broker/ agen asuransi) dengan rincian sebagai berikut : 2010

US Dollar : PT. Bank Mandiri Citibank NA PT. Bank Niaga Total Banks Total cash on hand and in bank Interest rate per annum Rupiah US Dollar

Premium Receivables This account represent premium receivables from insureds and insurance brokers/ agent, which is the details as follows : 2009

Pihak Istimewa Pihak Ketiga

8.686.113.484 39.964.799.612 48.650.913.096

7.203.072.501 40.840.315.567 48.043.388.069

Related parties Third parties

Dikurangi : Penyisihan piutang ragu-ragu

2.537.601.438 46.113.311.658

1.881.503.333 46.161.884.736

Less : Provision for doubtful accounts Total premium receivables - net

Berdasarkan klasifikasi umur :

Halaman 19

Third Parties : Rupiah PT. Bank Mandiri PT. Bank Bukopin PT. Bank Rakyat Indonesia PT. Bank Niaga PT. BPR Cinta Manis PT. Bank Mega Citibank NA PT. BPR Bunga Mayang PT. BPR Lokadana Sentosa PT. BPR Centradana Kapuas PT. Bank Bumiputera PT. Bank Central Asia PT. Bank Pembangunan Daerah PT. Bank Negara Indonesia

Dibawah 60 hari Diatas 60 hari

15.098.460.940 33.552.452.155 48.650.913.096

12.419.471.544 35.623.916.524 48.043.388.069


2.537.601.438 46.113.311.658

1.881.503.333 46.161.884.736

Details of premium receivables based on age category: Up to 60 Days Over 60 Days Allowance for doubtful accounts

Page 19


PT. ASURANSI JASA TANIA, Tbk. Catatan Atas Laporan Keuangan 30 September 2010 dan 2009 (Disajikan dalam Rupiah, kecuali dinyatakan lain) Berdasarkan mata uang : Rupiah Dollar Amerika Serikat Rincian Piutang Premi : Pihak Istimewa PT. Perkebunan Nusantara Koperasi Milik Perkebunan KPB PTP. Nusantara Koperasi Karyawan Jasa Tania Lain-lain Pihak Ketiga PT. Saseka Gelora Finance PT. Asuransi Ramayana PT. Gelora Karya Jasatama PT. Asuransi Jasa Indonesia PT. Beringin Sejahtera Makmur PT. Krida Upaya Tunggal PT. Bank Rakyat Indonesia PT. Mitra Dhana Athmaraksha Mitra, Iswara & Rorimpandey Ltd. Insurance Brokers PT. Petrokimia Gresik Pemerintah Propinsi Sulawesi Barat PT. Bank Niaga Perhimpunan Penghuni Kondominium Perkantoran Adhi G PT. Bank Mandiri PT. Sinkona Indonesia Lestari PT. Asuransi Central Asia Atrindo International PG. Rajawali II PT. Cahaya Samtraco Utama PT. Jasa Dwiantara Konsultan PT. Multi Terminal Indonesia PT. Bangun Tenera Sriwijaya PT. Andika Permata Sawit Lestari PT. Multiniaga Intermedia Proteksi Bhinneka Cipta Lestari Insurance Brokers PT. Mitra Sinergi Proteksindo Java Insurance Brokers Chevron Pacific Indonesia Istpro Inti Nusa PT. Menara Global Mandiri PT. Bank Bukopin Kelompok Petani Tembakau "Dasa Nusantara" PT. Duta Graha Indah Pabrik Cambrics Primissima PT. Asuransi Raksa Pratikara PT. Asuransi Umum Bumiputeramuda 1967 PT. Indonesia Comnets Plus Lain-lain

Dikurangi : Penyisihan piutang ragu-ragu Jumlah Piutang Premi

Halaman 20

44.443.989.801 4.206.923.295 48.650.913.096

43.243.834.148 4.799.553.921 48.043.388.069

7.373.657.977 664.250.266 18.768.238 91.825.952 537.611.052

6.647.288.209 370.812.297 5.988.020 72.549.874 106.434.101

8.686.113.484

7.203.072.501

Details of premium receivables based on currency: In Rupiah In foreign currency US$ Detail of premium receivables : Related parties PT. Perkebunan Nusantara Koperasi Milik Perkebunan KPB PTP. Nusantara Koperasi Karyawan Jasa Tania Others Third parties

4.512.898.381 2.465.786.363 2.007.548.892 1.767.974.761 1.452.231.108 958.051.231 902.993.914 699.772.742 555.216.578 479.637.281 307.858.810 271.634.621 224.202.000 221.294.633 219.577.935 201.047.890 197.282.254 171.490.072 167.483.312 146.079.893 135.617.416 133.622.370 132.662.000 120.629.780 115.093.000 113.744.993 108.276.960 107.118.252 101.264.700 97.330.388 93.953.372 93.926.000 93.925.644 84.608.906 54.290.167 53.844.716 0 20.394.828.277 39.964.799.612 48.650.913.096

PT. Saseka Gelora Finance 1.211.642.996 5.302.954.801 PT. Asuransi Ramayana 1.636.764.479 PT. Gelora Karya Jasatama 912.068.880 PT. Asuransi Jasa Indonesia 384.960.017 PT. Beringin Sejahtera Makmur 206.912.042 PT. Krida Upaya Tunggal 1.170.533.986 PT. Bank Rakyat Indonesia 454.183.231 PT. Mitra Dhana Athmaraksha 448.844.341 tra, Iswara & Rorimpandey Ltd. Insurance Brokers 364.368.757 PT. Petrokimia Gresik 0 Pemerintah Propinsi Sulawesi Barat 104.274.236 PT. Bank Niaga 0 n Penghuni Kondominium Perkantoran Adhi Graha 129.254.028 PT. Bank Mandiri 29.331.289 PT. Sinkona Indonesia Lestari 87.655.318 PT. Asuransi Central Asia 0 Atrindo International 0 PG. Rajawali II 130.212.064 PT. Cahaya Samtraco Utama 156.584.943 PT. Jasa Dwiantara Konsultan 0 PT. Multi Terminal Indonesia 127.194.530 PT. Bangun Tenera Sriwijaya 0 PT. Andika Permata Sawit Lestari 0 PT. Multiniaga Intermedia Proteksi 0 Bhinneka Cipta Lestari Insurance Brokers 0 PT. Mitra Sinergi Proteksindo 108.099.714 Java Insurance Brokers 116.200.172 Chevron Pacific Indonesia 39.188.226 Istpro Inti Nusa 58.860.694 PT. Menara Global Mandiri 117.812.535 PT. Bank Bukopin 0 Kelompok Petani Tembakau "Dasa Nusantara" 0 PT. Duta Graha Indah 0 Pabrik Cambrics Primissima 69.447.138 PT. Asuransi Raksa Pratikara 268.274.570 PT. Asuransi Umum Bumiputeramuda 1967 745.081.137 PT. Indonesia Comnets Plus 26.459.611.445 Others 40.840.315.567 48.043.388.069

2.537.601.438 46.113.311.658

1.881.503.333 46.161.884.736

less : Allowance for doubful accounts Total Premium Receivable

Berdasarkan analisa kolektibilitas masing-masing saldo piutang pada tanggal 30 September 2010 dan 2009, manajemen berpendapat bahwa penyisihan piutang ragu-ragu cukup untuk menutupi kerugian yang mungkin timbul atas tidak tertagihnya piutang premi kepada pihak ketiga. Sedangkan piutang kepada pihak yang mempunyai hubungan istimewa tidak diadakan penyisihan piutang ragu-ragu, karena manajemen berpendapat piutang tersebut dapat tertagih.

Based on the review of collectability of individual receivable accounts as at September 30, 2010 and 2009, management believes that the allowance for doubtful receiveble is edequate to cover possible losses on uncollectible premium receivables to third parties. No allowance for doubtful account to related parties was provided as management believes that all such receivables are collectible.

Berdasarkan KMK No 424/KMK.06/2003 tanggal 30 September 2003, piutang premi yang diperkenankan dalam menghitung solvabilitas adalah piutang premi yang berumur sampai dengan 60 hari.

Based on the Ministry of Finance Degree No. 424/KMK.06/2003 dated September 30, 2003, premium receivables are recognized as admitted asset in calculating solvency margin is premium receivables less than 60 days from due.

Page 20



6.

6. Piutang Reasuransi

Reinsurance Receivables This account represent the balance due from reinsurers for premium, commission, and claims to which the right of reinsurers have been vested. The details are as follows :

Akun ini merupakan saldo tagihan kepada reasuradur sehubungan dengan premi, komisi dan klaim yang menjadi bagian reasuradur, dengan rincian sebagai berikut : 2010

2009

Pihak Ketiga

37.673.566.841

25.551.591.554

Third parties


2.606.003.979 35.067.562.862

1.738.985.382 23.812.606.172

Less : Provision for doubtful Accounts Details of reinsurance receivables based on age category Up to 60 Days Over 60 Days

Berdasarkan klasifikasi umur : Dibawah 60 hari Diatas 60 hari Dikurangi : Penyisihan piutang ragu-ragu Berdasarkan mata uang : Rupiah Dollar Amerika Serikat Rincian Piutang Reasuransi : Agilent Risk Specialties PT. Surya Sejahtera Makmur Perdana PT. Asiare Binajasa Reinsurance Broker IBU Reinsurance Broker Utama PT. Maskapai Reasuransi Indonesia PT. Jasa Cipta Rembaka PT. Asuransi Umum Bumiputeramuda 1967 PT. Dekai Indonesia PT. Mega Jasa Reinsurance Brokers PT. Parare International Reinsurance Brokers Java Raya Reinsurance Broker FL Reinsurance Brokers & Consultant PT. Asuransi Beringin Sejahtera Artha Makmur Asia Reinsurance Brokers PT. Asuransi Purna Artha Nugraha PT. Asrinda Arthasangga PT. Asuransi Intra Asia Lain-lain Dikurangi : Penyisihan piutang ragu-ragu

2.966.984.377 34.706.582.463 37.673.566.841

4.804.963.353 20.746.628.201 25.551.591.554

2.606.003.979 35.067.562.862

1.738.985.382 23.812.606.172

36.890.311.918 783.254.923 37.673.566.841

23.691.416.763 1.860.174.791 25.551.591.554

2.111.033.275 1.301.357.269 1.139.117.183 1.031.662.007 871.219.765 597.587.571 436.452.491 361.344.718 351.131.665 220.092.752 207.998.920 190.892.801 183.173.814 178.197.395 123.889.392 101.761.057 59.157.698 28.207.497.066 37.673.566.841

4.109.104.910 1.290.162.520 1.322.468.360 188.958.256 0 29.872.752 292.576.703 301.046.499 135.586.611 237.356.576 108.570.866 122.078.919 214.185.326 0 23.278.967 0 1.402.096 17.174.942.194 25.551.591.554

2.606.003.979 35.067.562.862

1.738.985.382 23.812.606.172

Details of insurance receivables based on currency: In Rupiah In foreign currency US$ Detail of reinsurance receivable Agilent Risk Specialties PT. Surya Sejahtera Makmur Perdana PT. Asiare Binajasa Reinsurance Broker IBU Reinsurance Broker Utama PT. Maskapai Reasuransi Indonesia PT. Jasa Cipta Rembaka PT. Asuransi Umum Bumiputeramuda 1967 PT. Dekai Indonesia PT. Mega Jasa Reinsurance Brokers PT. Parare International Reinsurance Brokers Java Raya Reinsurance Broker FL Reinsurance Brokers & Consultant PT. Asuransi Beringin Sejahtera Artha Makmur Asia Reinsurance Brokers PT. Asuransi Purna Artha Nugraha PT. Asrinda Arthasangga PT. Asuransi Intra Asia Others less : Allowance for doubful accounts

Berdasarkan analisa kolektibilitas masing-masing saldo piutang pada tanggal 30 September 2010 dan 2009, manajemen berpendapat bahwa penyisihan piutang ragu-ragu adalah cukup untuk menutupi kerugian yang mungkin timbul atas tidak tertagihnya piutang reasuransi kepada pihak ketiga.

Based on the review of collectability of individual receivable accounts as at September 30, 2010 and 2009, management believes that the allowance for doubtful receivable is edequate to cover possible losses on uncollectible reinsurance receivables to third parties.

Berdasarkan KMK No 424/KMK.06/2003 tanggal 30 September 2003, piutang reasuransi yang diperkenankan dalam menghitung solvabilitas adalah piutang reasuransi yang berumur sampai dengan 60 hari.

Besed on KMK No. 424/KMK.06/2003 dated September 30, 2003, admitted reinsurance receivables in calculation of solvability are reinsurance receivables outstanding not large than 60 days. 7.

7. Piutang Hasil Investasi Pendapatan yang masih harus diterima atas bunga deposito dan bunga obligasi yang belum jatuh tempo adalah sebagai berikut: Piutang hasil investasi Deposito berjangka - sukarela Obligasi tersedia untuk dijual Obligasi dimiliki hingga jatuh tempo Obligasi yang diperdagangkan Saldo Investasi Deposito berjangka wajib Deposito berjangka - sukarela Obligasi tersedia untuk dijual Obligasi dimiliki hingga jatuh tempo Obligasi yang diperdagangkan

Halaman 21

Allowance for doubtful accounts

Investment Income Receivables Accrued interest income from time deposit interest and bonds interest income are as below:

2010

2009

229.750.955 32.771.625 103.989.519 14.877.121 381.389.220

264.064.910 (0) 29.655.556 36.303.921 330.024.387

4.100.000.000 41.094.857.656 3.097.200.000 15.000.000.000 1.095.000.000 64.387.057.656

5.000.000.000 41.560.175.000 3.112.000.000 11.000.000.000 4.431.500.000 65.103.675.000

Investment income receivables : Voluntary time deposits Bond available for sale Bond held-to-maturity Bond held-for trading Investment balance : Statutory time deposits Voluntary time deposits Bond available for sale Bond held-to-maturity Bond held-for trading

Page 21



8.

8. Piutang Lain-lain 2010 Pihak hubungan istimewa : Piutang PT Jasa Tania Medika Piutang Pegawai Pihak ketiga : Piutang Klaim Koasuransi Lainnya Jumlah

2009

1.056.570.557 523.884.718 1.580.455.275

974.242.200 524.183.006 1.498.425.206

788.669.067 0 788.669.067

1.119.336.232 120.000.000 1.239.336.232

2.369.124.342

2010 muka muka muka muka muka muka muka

pajak penghasilan badan premi asuransi sewa beban umum perjalanan dinas pemasaran lain-lain

Biaya Perolehan Tanah Bangunan Kendaraan Bermotor Perabot Kantor Peralatan Kantor Perabot dan perlengkapan mess Akumulasi Penyusutan Bangunan Kendaraan Bermotor Perabot Kantor Peralatan Kantor Perabot dan perlengkapan mess Nilai Buku

Pengurangan /

Additions

Deductions

Saldo 30-Sep-10 /

Balance 30-Sep-10

5.354.463.000 10.037.290.680 2.145.930.350 3.423.037.960 8.084.069.969

0 19.217.500 119.790.000 366.803.366 289.510.649

0 0 144.000.000 0 19.800.000

5.354.463.000 10.056.508.180 2.121.720.350 3.789.841.326 8.353.780.618

421.896.460 29.466.688.419

11.014.750 806.336.265

0 163.800.000

432.911.210 30.109.224.684

3.077.247.529 1.867.097.863 2.184.284.239 6.806.273.408

321.467.057 114.791.663 239.444.736 241.495.818

0 144.000.000 0 12.940.576

335.253.279 14.270.156.317

10.725.608 927.924.882

0 156.940.576

15.196.532.101

Harga Perolehan Akumulasi depresiasi Nilai buku Harga jual Laba (Rugi) penjualan/penghapusan aset tetap

Acquisition cost Landright Buildings Motor vehicles Office furniture Office equipment Mess furniture and fixture Total

Accumulated depreciation Buildings Motor vehicles Office furniture Office equipment Mess furniture and 345.978.887 fixture 15.041.140.623 Total 3.398.714.587 1.837.889.525 2.423.728.975 7.034.828.650

15.068.084.061

Book value

The reconciliation of assets sold (disposal) are as follow:

Rekonsiliasi penjualan/penghapusan aset adalah sebagai berikut :

Halaman 22

Prepaid corporate income taxes Prepaid insurance premium Prepaid rent Prepaid general expenses Prepaid travelling on duty Prepaid Marketing Prepaid others Total

Fixed Assets

Penambahan /

Balance 01-Jan-10

Total

Down Payment And Prepaid Expenses 2.856.243.041 11.633.173 293.768.627 26.568.599 158.648.575 40.186.000 1.500.268.372 4.887.316.387

10. Saldo 01-Jan-10 /

Third parties : Coinsurance Claim Others

2009

712.004.460 26.798.006 264.129.735 11.920.780 185.094.375 59.872.178 2.186.552.883 3.446.372.417

10. Aset Tetap

Related parties : PT Jasa Tania Medika Employees

2.737.761.438

9.

9. Uang Muka dan Biaya Dibayar Dimuka

Uang Uang Uang Uang Uang Uang Uang

Other Accounts Receivables

2010 163.800.000 156.940.576

2009 0 0

Cost Accumulated depreciation

6.859.424 62.459.424

0 0

Book value Sold price

55.600.000

0

Gain on assets disposal

Page 22


PT. ASURANSI JASA TANIA, Tbk. Catatan Atas Laporan Keuangan 30 September 2010 dan 2009 (Disajikan dalam Rupiah, kecuali dinyatakan lain) Saldo 01-Jan-09 /

Balance 01-Jan-09 Biaya Perolehan Tanah Bangunan Kendaraan Bermotor Perabot Kantor Peralatan Kantor Perabot dan perlengkapan mess Akumulasi Penyusutan Bangunan Kendaraan Bermotor Perabot Kantor Peralatan Kantor Perabot dan perlengkapan mess Nilai Buku

Penambahan /

Pengurangan /

Additions

Deductions

73.776.000 1.011.067.543 112.692.850 144.055.000 144.575.600

0 0 0 0 0

5.354.463.000 9.859.855.165 2.131.280.350 3.867.768.475 8.022.843.772

414.396.460 28.164.440.229

3.100.000 1.489.266.993

0 0

417.496.460 29.653.707.222

2.388.749.338 1.638.447.399 2.288.037.025 6.265.958.152

359.465.357 161.334.680 292.751.540 318.065.703

0 0 0 0

300.114.703 12.881.306.617

13.691.145 1.145.308.425

0 0

15.283.133.612

11. 508.439.250 192.500.000 200.009.320 52.046.451 68.490.000 1.000.000 12.600.000 2.101.050.000 3.136.135.021 2010

Amortisasi

Halaman 23

854.700.000 275.165.000 1.129.865.000 (621.425.750) 508.439.250

Acquisition cost Landright Buildings Motor vehicles Office furniture Office equipment Mess furniture and fixture

Accumulated depreciation Buildings Motor vehicles Office furniture Office equipment Mess furniture and 313.805.849 fixture 14.026.615.042 Total 2.748.214.694 1.799.782.078 2.580.788.565 6.584.023.856

15.627.092.180

2010

Biaya Tangguhan : Jasa konsultan restrukturisasi Jasa konsultan pengembangan SDM

Balance 30-Sep-09

5.280.687.000 8.848.787.622 2.018.587.500 3.723.713.475 7.878.268.172

11. Aset Lain-lain Biaya Tangguhan-bersih Hak Cipta dan Paten Keanggotaan Golf Uang Jaminan Persediaan Meterai Dewan Asuransi Indonesia Persediaan Kupon BBM Perangkat Lunak

Saldo 30-Sep-09 /

Book value

Other Assets 2009 677.919.000 275.000.000 200.009.320 2.692.300 64.608.000 1.000.000 10.305.000 2.401.200.000 3.632.733.620 2009 854.700.000 275.165.000 1.129.865.000 (451.946.000) 677.919.000

Deferred charges - net Right and patent - net Golf Membership Cash guarantee Stamp duty inventory Indonesia Federation of Insurance Association Oil and gas cuopon Software

Deferred expenses: Restructuring consultants Human resources development consultant Accumulated amortization

Page 23



12.

12. Hutang Klaim 2010 Pihak Istimewa Pihak Ketiga Berdasarkan mata uang : Rupiah Dollar Amerika Serikat Berdasarkan klasifikasi bisnis : Property Motor Vehicle Marine Cargo Marine Hull Aviation Hull Engineering Liability Accident Bond Rincian hutang klaim : Pihak Istimewa PT Perkebunan Nusantara lain-lain Pihak ketiga PT. Dharma Nilaitama PT. Indo Furnitama Raya Asuransi Tugu Kresna Pratama Bank Niaga Indrapura Insurance Koperasi Agrobisnis Tarutama Nusantara Autoblits Aneka Bintang Service Sapta Pirsa Mandiri Loss Adjuster Sumatera Prima Fibreboard CV. Hartana PT. Astra Sedaya Finance PT. Tokyo Jaya Santoso PT. Bank Rakyat Indonesia Trieka Sentosa Motor Kencana Motor Lain-lain Jumlah

Halaman 24

Claims Payable 2009

8.075.047.009 1.658.867.314 9.733.914.323

3.169.817.372 3.819.374.054 6.989.191.426

8.983.334.263 750.580.060 9.733.914.323

6.470.879.689 518.311.737 6.989.191.426

5.069.590.420 1.305.240.148 301.567.848 4.147.108 0 1.126.373.937 430.046 1.914.564.816 12.000.000 9.733.914.323

2.366.485.309 2.184.050.347 3.859.815 416.255 6.802.697 1.591.830.646 42.318.830 793.427.527 0 6.989.191.426

7.428.361.142 646.685.867 8.075.047.009

3.117.786.108 52.031.264 3.169.817.372

217.412.552 191.401.232 183.096.614 130.100.780 95.979.405 86.400.000 85.851.996 62.780.775 0 0 0 0 0 0 0 0 605.843.960

0 0 0 0 0 0 323.036.585 68.925.865 250.712.407 216.372.938 200.640.000 181.000.000 134.821.573 126.355.968 110.517.647 101.363.050 2.105.628.021

1.658.867.314 9.733.914.323

3.819.374.054 6.989.191.426

Related Parties Third parties By currencies Rupiah US Dollar By business classification Property Motor Vehicle Marine Cargo Marine Hull Aviation Hull Engineering Liability Accident Bond

Related Parties PT Perkebunan Nusantara Others Third parties PT. Dharma Nilaitama

PT. Indo Furnitama Raya Asuransi Tugu Kresna Pratama

Bank Niaga Indrapura Insurance Koperasi Agrobisnis Tarutama Nusantara Autoblits Aneka Bintang Service Sapta Pirsa Mandiri Loss Adjuster Sumatera Prima Fibreboard CV. Hartana PT. Astra Sedaya Finance PT. Tokyo Jaya Santoso PT. Bank Rakyat Indonesia Trieka Sentosa Motor

Kencana Motor Other Total

Page 24



13.

13. Estimasi Klaim Retensi Sendiri

This account represent estimated own retention on claims already incurred but still in progress of settlement , and on claims already incurred but not yet reported (IBNR).

Akun ini merupakan jumlah estimasi klaim retensi sendiri atas klaim yang sudah terjadi tapi masih dalam proses penyelesaian, dan klaim yang sudah terjadi tapi belum dilaporkan (Incurred But Not Yet Reported / IBNR ).

2010 Berdasarkan mata uang : Rupiah Dollar Amerika Serikat Berdasarkan klasifikasi bisnis : Outstanding klaim Property Motor Vehicle Marine Cargo Marine Hull Aviation Hull Engineering Liability Accident IBNR Property Motor Vehicle Marine Cargo Marine Hull Aviation Hull Engineering Liability Accident Estimasi Klaim Retensi Sendiri Property Motor Vehicle Marine Cargo Marine Hull Aviation Hull Engineering Liability Accident

23.318.586.820 7.369.370.956 30.687.957.776

14.552.999.223 3.632.155.764 189.918.030 9.125.000 566.705.721 4.556.295.944 0 78.413.215 23.585.612.896

18.587.419.030 2.726.949.724 182.661.046 0 638.852.245 6.858.059.709 178.868.954 53.815.745 29.226.626.453

727.649.961 181.607.788 9.495.902 456.250 28.335.286 227.814.797 0 3.920.661 1.179.280.645

929.370.952 136.347.486 9.133.052 0 31.942.612 342.902.985 8.943.448 2.690.787 1.461.331.323

15.280.649.184 3.813.763.552 199.413.932 9.581.250 595.041.007 4.784.110.741 0 82.333.876 24.764.893.541

19.516.789.982 2.863.297.210 191.794.098 0 670.794.857 7.200.962.695 187.812.402 56.506.533 30.687.957.776

14. 2010

Halaman 25

2009

18.939.159.377 5.825.734.164 24.764.893.541

14. Premi Yang Belum Merupakan Pendapatan Berdasarkan klasifikasi bisnis : Property Motor Vehicle Marine Cargo Marine Hull Aviation Hull Energy Engineering Liability Accident Bond Miscellaneous

Estimated Own Retention Claims

3.119.997.610 22.578.800.930 498.739.556 41.599.644 (0) 0 2.413.261.879 377.738.655 2.214.634.829 1.748.533.237 659.962.102 33.653.268.441

By currency Rupiah UD Dollar By business classification : Outstanding claims Property Motor Vehicle Marine Cargo Marine Hull Aviation Hull Engineering Liability Accident IBNR Property Motor Vehicle Marine Cargo Marine Hull Aviation Hull Engineering Liability Accident Estimated claims for own retention Property Motor Vehicle Marine Cargo Marine Hull Aviation Hull Engineering Liability Accident

Unearned Premiums 2009 6.718.386.152 8.712.968.243 620.274.198 9.926.227 7.666.875 81.867.627 3.995.276.454 159.259.620 2.932.750.350 1.690.977.596 562.641.749 25.491.995.090

By business classification : Property Motor Vehicle Marine Cargo Marine Hull Aviation Hull Energy Engineering Liability Accident Bond Miscellaneous

Page 25



15.

15. Hutang Reasuransi 2010 Pihak Ketiga Berdasarkan mata uang : Rupiah Dollar Amerika Serikat Pihak Ketiga PT. Jasa Cipta Rembaka Mega Jasa Reinsurance Brokers PT. Asrinda Arthasangga Reasuransi Internasional Indonesia Lain-lain

2009

5.094.927.537

6.745.901.574

4.966.205.765 128.721.772 5.094.927.537

4.401.241.268 2.344.660.306 6.745.901.574

111.404.307 317.534.422 2.774.024.021 66.427.813 1.825.536.974 5.094.927.537

872.937.407 696.647.379 2.032.306.385 935.996.555 2.208.013.848 6.745.901.574

16.

16. Hutang Komisi 2010 Pihak Ketiga Berdasarkan mata uang : Rupiah Dollar Amerika Serikat

b. Uang muka pajak Taksiran pajak penghasilan badan Dikurangi : Uang Muka PPh Pasal 25 Jumlah hutang pajak (uang muka) penghasilan badan c. Hutang Pajak Lainnya : Pajak penghasilan pasal 21 Pajak penghasilan pasal 23 Pajak Pasal 4 ayat 2

Halaman 26

By currency Rupiah US Dollar Third parties PT. Jasa Cipta Rembaka Mega Jasa Reinsurance Brokers PT. Asrinda Arthasangga Reasuransi Internasional Indonesia Others

2009 4.864.531.804

5.404.574.745 989.886.629 6.394.461.374

4.003.074.292 861.457.512 4.864.531.804

17. 2010

Third parties

Commission Payable

6.394.461.374

17. Hutang Pajak

a. Penghasilan (Beban) Pajak Penghasilan Kini Tangguhan

Reinsurance Payables

Third parties By currency Rupiah US Dollar

Taxes Payable 2009

1.019.527.000 2.206.294.719 3.225.821.719

0 1.315.576.095 1.315.576.095

1.019.527.000

0

(1.731.531.460)

(2.856.243.041)

(712.004.460)

(2.856.243.041)

113.750.466 30.442.214 7.953.532 152.146.213 (559.858.247)

174.910.921 230.435.490 4.521.944 409.868.354 (2.446.374.687)

a. Income tax income (expenses) Current Deferred b. Prepaid taxes Estimated income taxes Less : Prepaid taxes - Income tax article 25: Total prepaid corporate income tax Other tax payable Income tax article 21 Income tax article 23 Tax article 4 sub article 2

Page 26



Current tax

Pajak Penghasilan Kini Rekonsiliasi antara laba (rugi) sebelum pajak menurut laporan laba rugi dengan laba (rugi) menurut pajak adalah sebagai berikut: 2010 Laba sebelum pajak menurut laporan laba rugi Perbedaan fiskal terdiri : Perbedaan tetap Beban pegawai Beban pemasaran Beban umum Beban administrasi IBNR (cadangan klaim) Cadangan Premi Hasil investasi Jasa giro Perbedaan sementara Kewajiban imbalan pasca kerja Laba kena pajak Kompensasi Kerugian Fiskal

The reconsiliation between profit (loss) before tax per income statement and company's taxable income (loss) are as follows: 2009

15.555.416.223

11.843.137.957

481.356.065 487.296.197 81.646.144 61.019.448 1.179.280.645 (4.212.627.745) (4.707.677.539) (130.138.621)

91.150.000 301.822.806 322.126.494 308.471.240 1.461.331.323 (6.996.905.678) (4.104.345.348) 28.958.131

(37.776.318) 8.757.794.499 (4.679.686.863)

(75.696.912) 3.180.050.012 (3.180.050.012)

Profit (loss) before tax per income statement Fiscal adjustments consists of: Permanent differences: Employee benefit Marketing expenses General expenses Administrative expenses IBNR Premium reserve Investment Interest income Timing defferences: Post emplyoements benefits Taxable income

Laba Kena Pajak Dibulatkan

4.078.108.000

0

Rounded

Tarif PPh Pasal 17 sebagai berikut:

1.019.527.000 1.019.527.000

0 0

Income tax Article 17 tariffts are as follow:

Pajak Tangguhan Pajak tangguhan dihitung berdasarkan pengaruh pajak atas perbedaan temporer antara jumlah tercatat aset dan kewajiban menurut laporan keuangan dengan dasar pengenaan pajak aset dan kewajiban.

aset pajak tangguhan /

Diferred tax assets 2009 Aset tetap Kewajiban imbalan pasca kerja Rugi fiskal Pemulihan Rugi Fiskal

311.229.223 453.244.031 2.740.454.387 (543.603.746) 2.961.323.895


Diferred tax assets 2008 Aset tetap Kewajiban imbalan pasca kerja Rugi fiskal Pemulihan Rugi Fiskal

123.246.987 418.693.504 3.080.820.342 3.622.760.834

Halaman 27

Dikreditkan (dibebankan) ke Laporan laba rugi/

Deferred tax is calculated based on the tax effect of temporary differences between the tax bases for assets and liabilities and their carrying amount for financial reporting purpose.


Credited to (change to) income statement

Diferred tax assets

0

311.229.223

(9.444.080) 0 (2.196.850.640) (2.206.294.719)

Dikreditkan (dibebankan) ke Laporan laba rugi/

2010

443.799.952 2.740.454.387 (2.740.454.386) 755.029.176


Credited to (change to) income statement

Diferred tax assets

0

123.246.987

(21.195.135) (340.365.956) (954.015.004) (1.315.576.095)

Fixed assets Postemployment benefit Fiscal loss Recovery of Fiscal loss

2009

397.498.369 2.740.454.386 (954.015.004) 2.307.184.739

Fixed assets Postemployment benefit Fiscal loss Recovery of Fiscal loss

Page 27



18.

18. Biaya Yang Masih Harus Dibayar 2010 Biaya administrasi

2009

423.252.618 423.252.618

2010 Cadangan Dana Sosial Hutang Asuransi Hutang Lain-lain

Other Liabilities 2009

680.317.941 68.975.260 917.517.334 1.666.810.535

Social fund Insurance premium payable Others

632.596.049 64.070.090 1.255.460.673 1.952.126.812

20.

20. Modal Saham

Administrative expenses

80.465.469 80.465.469

19.

19. Hutang Lain-lain

Accrued Expense

Capital Stocks The composition of the Company's shareholders are as follows :

Modal ditempatkan dan disetor PT. Asuransi Jasa Tania Tbk adalah sebagai berikut :

2010 dan/ and 2009 Persentase Kepemilikan/ Jumlah Saham/

Pemegang Saham/ Stockholders

Number of Share

Dana Pensiun Perkebunan Masyarakat (masing-masing kurang dari 5%)

294.303.500 5.696.500 300.000.000

21.

21. Premi Bruto 2010 Berdasarkan pihak Pihak Istimewa Pihak Ketiga Berdasarkan klasifikasi bisnis : Property Motor Vehicle Marine Cargo Marine Hull Aviation Hull Engineering Liability Accident Bond Miscellaneous

63.230.941.284 54.515.513.641 117.746.454.925

51.871.067.638 48.826.634.068 6.632.789.261 317.046.279 0 15.967.779.544 1.037.911.859 10.425.827.638 5.783.795.908 2.633.226.739 143.496.078.933

49.716.484.592 23.460.833.802 8.056.948.405 270.730.801 39.375.000 17.720.172.345 498.454.225 10.038.703.602 6.168.751.784 1.776.000.368 117.746.454.925

Berdasarkan klasifikasi bisnis : Property Motor Vehicle Marine Cargo Marine Hull Aviation Hull Energy Engineering Accident Bond Miscellaneous

Halaman 28

By parties Related party Third party By classification of bussiness : Property Motor Vehicle Marine Cargo Marine Hull Aviation Hull Engineering Liability Accident Bond Miscellaneous

There are no incomes from the third parties more than 10% of gross premium income for the years ended September 30, 2010 and 2009. 22.

2010

58.860.700.000 1.139.300.000 60.000.000.000

Gross Premiums

51.690.531.368 91.805.547.565 143.496.078.933

22. Premi Reasuransi

98,10% 1,90% 100,00%

Capital

2009

Tidak ada pendapatan dari pihak ketiga yang melebihi 10% dari jumlah premi bruto untuk periode tahun yang berakhir 30 September 2010 dan 2009.

Pihak Ketiga

Jumlah/ Total Paid - up

Percentage of Ownership

Reinsurance Premiums 2009

54.700.688.537 54.700.688.537

39.999.006.306 39.999.006.306

35.961.797.462 573.765.995 1.375.168.146 227.999.223 0 0 8.510.914.984 5.012.530.928 2.250.389.229 788.122.570 54.700.688.537

26.316.392.942 2.122.283.772 1.558.728.749 293.612.673 13.500.000 391.551.296 4.949.388.564 2.944.680.126 1.262.827.355 146.040.830 39.999.006.306

Third party By classification of bussiness : Property Motor Vehicle Marine Cargo Marine Hull Aviation Hull Energy Engineering Accident Bond Miscellaneous

Page 28



23.

23. Klaim Bruto 2010 Berdasarkan pihak Pihak Istimewa Pihak Ketiga Berdasarkan klasifikasi bisnis : Property Motor Vehicle Marine Cargo Marine Hull Engineering Liability Accident Bond Miscellaneous

2009

18.440.057.970 40.420.033.225 58.860.091.195

15.224.810.882 23.531.873.706 38.756.684.587

34.997.838.821 7.552.926.071 1.210.912.842 331.500 4.128.586.990 1.910.078 10.142.830.143 12.000.000 812.754.749 58.860.091.195

19.667.430.817 7.957.063.994 3.053.118.126 4.500.000 6.238.891.050 492.300 1.835.188.301 0 0 38.756.684.587

24.

24. Klaim Reasuransi 2010 Pihak Ketiga Berdasarkan klasifikasi bisnis : Property Motor Vehicle Marine Cargo Marine Hull Engineering Accident Bond Miscellaneous

29.818.961.134 39.370.041 457.700.000 265.200 1.033.102.263 2.649.479.804 9.000.000 429.796.250 34.437.674.692

12.365.763.720 890.440.165 432.602.274 0 1.355.820.138 804.361.481 0 0 15.848.987.778

25.

Berdasarkan klasifikasi bisnis : Beban Komisi Property Motor Vehicle Marine Cargo Marine Hull Aviation Hull Engineering Liability Accident Bond Miscellaneous Pendapatan Komisi Property Motor Vehicle Marine Cargo Marine Hull Aviation Hull Engineering Accident Bond Miscellaneous

Halaman 29

16.664.259.050 16.664.259.050

By classification of bussiness : Property Motor Vehicle Marine Cargo Marine Hull Engineering Liability Accident Bond Miscellaneous

2009 15.848.987.778 15.848.987.778

2010

By parties Related party Third party

Reinsurance Claims Expense

34.437.674.692 34.437.674.692

25. Beban Komisi Bersih Pihak Ketiga

Gross Claims Expense

Third party By classification of bussiness : Property Motor Vehicle Marine Cargo Marine Hull Engineering Accident Bond Miscellaneous

Commission Income (Expense) - Net 2009 14.059.585.335 14.059.585.335

13.660.406.448 2.521.577.200 1.991.810.050 12.581.378 0 4.047.919.419 142.041.253 3.142.012.093 906.352.316 515.526.416 26.940.226.572

10.480.659.188 2.450.108.683 2.186.629.523 33.993.342 9.745.313 3.678.655.177 100.029.783 1.932.267.686 1.155.708.875 327.707.865 22.355.505.435

6.083.609.547 30.172.239 218.778.814 42.417.532 0 1.720.317.642 1.271.303.637 686.055.081 223.313.031 10.275.967.522

5.827.024.571 78.655.549 265.315.012 29.436.938 3.037.500 992.224.069 735.626.288 355.990.245 8.609.929 8.295.920.100

Third party By classification of bussiness : Commission expense Property Motor Vehicle Marine Cargo Marine Hull Aviation Hull Engineering Liability Accident Bond Miscellaneous Commission income Property Motor Vehicle Marine Cargo Marine Hull Aviation Hull Engineering Accident Bond Miscellaneous

Page 29


PT. ASURANSI JASA TANIA, Tbk. Catatan Atas Laporan Keuangan 30 September 2010 dan 2009 (Disajikan dalam Rupiah, kecuali dinyatakan lain) Komisi Bersih Property Motor Vehicle Marine Cargo Marine Hull Aviation Hull Engineering Liability Accident Bond Miscellaneous

7.576.796.901 2.491.404.961 1.773.031.236 (29.836.154) 0 2.327.601.777 142.041.253 1.870.708.457 220.297.234 292.213.385 16.664.259.050

4.653.634.618 2.371.453.134 1.921.314.511 4.556.405 6.707.813 2.686.431.108 100.029.783 1.196.641.398 799.718.630 319.097.936 14.059.585.335

26.

26. Hasil Investasi 2010 Bunga deposito wajib Bunga deposito berjangka Obligasi tersedia untuk dijual Obligasi dimiliki hingga jatuh tempo Obligasi untuk diperdagangkan Saham untuk diperdagangkan Saham tersedia untuk dijual Reksadana Bagian laba (rugi) perusahaan publik Bagian laba (rugi) perusahaan asosiasi Investasi Lainnya

266.274.554 2.017.191.455 496.258.056 395.500.720 57.067.950 806.809.055 12.943.500 0 40.315.245 11.984.814 0 4.104.345.348

27. 2010

Pegawai Administrasi Pemasaran Penyusutan Pendidikan dan latihan Jasa Professional Umum lainnya

28.

29.

2010

2009

Net income Outstanding shares Net earnings per share

Additional Paid In Capital 2009

Harga Emisi Nilai Nominal

15.000.000.000 10.000.000.000 5.000.000.000

15.000.000.000 10.000.000.000 5.000.000.000

Biaya emisi saham

(2.229.218.946)

(2.229.218.946)

2.770.781.054

2.770.781.054

Jumlah

Halaman 30

Net Earning Per Share

10.527.561.862 300.000.000 35

30. 2010

Exchange rate difference Gain (loses) on fixed assets disposal Policies administration income Bank accounts interest Others - net

Net earnings per share are derived from net income dividen by average total of outstanding share for the year. The following is the data that is used to count net income per share.

12.329.594.504 300.000.000 41

30. Tambahan Modal Disetor

Other Income (Expense)

(783.202.832) 0 351.426.902 105.310.858 (103.595.104) (430.060.175)

Laba bersih per saham dengan membagi masing-masing laba bersih dengan jumlah rata-rata saham yang beredar pada tahun yang bersangkutan. Berikut data yang digunakan untuk menghitung laba bersih per saham .

Laba (Rugi) Bersih Jumlah saham yang beredar Laba (Rugi) Bersih per Saham

Employees Administrative Marketing Depreciation Training and education Professional fee Others

2009

(601.332.963) 55.600.000 533.403.897 130.138.621 (95.020.858) 22.788.697

29. Laba (Rugi) Bersih per Saham

Operating Expenses

10.713.898.324 6.851.111.559 4.822.554.421 1.145.308.425 778.988.560 226.096.100 1.388.634.158 25.926.591.547

2010 Selisih kurs Laba (Rugi) penjualan/penghapusan aset tetap Penggantian biaya polis Jasa giro Lainnya - bersih

Statutory deposit interest Time deposit interest Bond available-for-sale Bond held-to-maturity Bond for trading Equity securities for trading Equity securities available for sale Mutual fund Share of profit (loss) from public company Share of profit (loss) from associate company Other investments

2009

12.858.580.741 7.907.233.304 8.510.458.657 927.924.882 223.860.085 371.316.333 2.212.656.972 33.332.689.989

28. Penghasilan (Beban) Lain-lain

Net Investments Income 2009

134.141.918 1.156.833.435 270.140.625 1.166.571.443 78.655.817 1.044.757.024 939.363.675 (127.740.780) 10.411.905 12.681.554 21.860.923 4.707.677.539

27. Beban Usaha

Commission - net Property Motor Vehicle Marine Cargo Marine Hull Aviation Hull Engineering Liability Accident Bond Miscellaneous

Issue price Nominal value Additional paid in capital Share issuance costs Total

Page 30



31.

31. Penggunaan Laba

Based on the Minutes of General Stockholders' Meeting held on May, 24 2010 and May,19 2009 which be confirmed by Notarial deed No. 156 and No. 91 of Sutjipto SH, Public Notary in Jakarta, for the year ended 2009 and 2010 respectively which the company stockholders agreed to devide the Company's income after tax in 2008 and 2009 as follow :

Berdasarkan Rapat Umum Pemegang Saham yang dilaksanakan masing-masing tanggal 24 Mei 2010 dan 19 Mei 2009 yang diaktakan No. 156 dan No. 91 oleh Sutjipto SH Notaris di Jakarta, masing-masing untuk tahun 2009 dan 2010 telah diputuskan bahwa laba setelah pajak untuk tahun 2008 dan 2009 dibagikan sebagai berikut :

2010 Dividen Tantiem Dana Sosial Cadangan Umum

2009

4.879.230.135 460.304.730 184.121.901 3.682.437.837 9.206.094.602

2.031.000.000 153.494.786 76.747.392 1.573.321.555 3.834.563.732

Pembagian dividen atas laba tahun 2008 dibayarkan sebesar Rp 2.031.000.000 dalam tahun 2009, dengan demikian terdapat selisih dengan yang telah diputuskan dalam rapat umum pemegang saham tersebut diatas sebesar Rp 2.805.913 yang dimasukkan sebagai saldo laba yang belum dipergunakan. Sedangkan Pembagian dividen atas laba tahun 2009 dibayarkan sebesar Rp 4.878.000.000 dalam tahun 2010, dengan demikian terdapat selisih dengan yang telah diputuskan dalam rapat umum pemegang saham tersebut diatas sebesar Rp 1.230.135 yang dimasukkan dalam Cadangan Umum Perseroan.

32. Cadangan Umum Perusahaan telah menyisihkan sebagian dari laba tahun 2009 sejumlah Rp 3682437837.460 sesuai Undang-undang Nomor 1 tahun 1995, yang mengharuskan perusahaan Indonesia untuk membuat penyisihan cadangan umum sebesar 20% dari jumlah modal yang ditempatkan dan disetor penuh. Saldo cadangan umum untuk tahun 2010 sebesar Rp 33897989355.382 dan untuk tahun 2009 adalah sebesar Rp 30728782385.50.

32.

33.

34. Imbalan Pasca Kerja

34.

Kewajiban imbalan pasca kerja awal tahun Pembayaran manfaat karyawan selama tahun berjalan

Halaman 31

General Reserve The Company have reserved from profit in the year 2009 was Rp 3682437837.460 accourding to Indonesia Law No. 1 year 1995, the company should make 20% for general reserve of outhorized and paid capital. General reserve balance for year 2010 was Rp 33897989355.382 and 2009 was Rp 30728782385.50. Based on the Minutes of General Stockholders' Meeting held on May, 24 2010 has also been decided that giving employees bonus equal to 4 (four) montly salary : 3 (three) monthly salary represented bonus accrual for 2009 and 1 (one) monthly salary which was taken from General Reserve.

33. Cadangan Khusus Rapat Umum Pemegang Saham tahun 2010 dan 2009 telah diputuskan tidak membuat cadangan khusus. Saldo cadangan khusus per 30 September 2010 dan 2009 sebesar Rp 1954526624.0.

2010

Devidend Tantiem Social fund Special reserve

The devidend payment of profit for the year end 2008 is an amount to Rp. 2.031.000.000 which its to be paid in 2009, thus there was descrepancies with that declaration in shareholders general meeting above in the amounting Rp.2.805.913 that it is recorded as unappropriate retained earnings. The devidend payment of profit for the year end 2009 is an amount to Rp. 4.878.000.000 which its to be paid in 2010, thus there was descrepancies with that declaration in shareholders general meeting above in the amounting Rp.1.230.135 that it is recorded as General Reserve.

Berdasarkan Rapat Umum Pemegang Saham yang dilaksanakan tanggal 24 Mei 2010 juga telah diputuskan bahwa pemberian bonus karyawan sebesar 4 (empat) bulan gaji, yang mana 3 (tiga) bulan gaji merupakan akrual bonus tahun 2009 dan 1 (satu) bulan gaji atas beban Cadangan Umum.

Beban imbalan kerja jangka panjang lainnya yang diakui dalam laporan laba rugi adalah :

Net Income Distribution

Special Reserve The shareholders general meeting in 2010 and 2009 year had not decided to make additional the special reserve. The special reserve balances for the year 2010 and 2009 were Rp 1954526624.0.

Post-Employment Benefits Amount recognized in the statement of income in respect of the other postemployment benefits are as follows : 2009

(1.539.748.088)

(1.401.545.971)

37.776.318 (1.501.971.770)

75.696.912 (1.325.849.059)

Post-employment benefits liabilities at the beginning of year Pension benefits payments in the current year

Page 31


PT. ASURANSI JASA TANIA, Tbk. Catatan Atas Laporan Keuangan 30 September 2010 dan 2009 (Disajikan dalam Rupiah, kecuali dinyatakan lain) 35. Sifat dan Transaksi Pihak Yang Mempunyai Hubungan Istimewa

35.

1. 2. 3. 4. 5. 6. 7. 8.

Dana Pensiun Perkebunan merupakan pemegang saham mayoritas Perusahaan, (98,10 %). PT. Bank Agro, Tbk. pemegang sahamnya sama. PT. Perkebunan Nusantara merupakan pendiri Dana Pensiun Perkebunan. Koperasi Milik Perkebunan (dimilik oleh karyawan PT. Perkebunan Nusantara)

1.

Kantor Pemasaran Bersama PT. Perkebunan Nusantara merupakan unit dari usaha PT. Perkebunan Nusantara. Koperasi Karyawan Jasa Tania, Tbk. dimiliki oleh karyawan PT. Asuransi Jasa Tania, Tbk. Lembaga Pendidikan Perkebunan PT Jasa Tania Medika, perusahaan asosiasi dengan kepemilikan 20%

5.

2. 3. 4.

6. 7. 8.

Dana Pensiun Perkebunan is majority the stockholders of the Company (98,10%). PT Bank Agro Tbk (under common control). PT Perkebunan Nusantara (founder of Dana Pensiun Perkebunan). Koperasi Perkebunan (owned by employees of PT Perkebunan Nusantara). Kantor Pemasaran Bersama PT Perkebunan Nusanatara (unit of PT Perkebunan Nusantara). Koperasi Karyawan Jasa Tania (owned by employees of PT Asuransi Jasa Tania Tbk). Lembaga Pendidikan Perkebunan. PT Jasa Tania Medika, which is associate company with 20% owned

Dalam kegiatan usahanya, Perusahaan melakukan transaksi dengan pihak yang mempunyai hubungan istimewa :

In the course of its business, the Company entered into certain transactions with related parties :

Rincian jumlah masing-masing pos aset, kewajiban, pendapatan underwriting dan beban underwriting yang berkaitan dengan pihak yang mempunyai hubungan istimewa beserta persentasenya terhadap total aset, total kewajiban, total pendapatan underwriting dan total beban underwriting sebagai berikut :

The amount details of each asset, liability, underwriting income, and underwriting expense in the course of transactions with related parties and the its percentage to total asset, total liability, total underwriting expense are as follows :

2010 Aset Investasi Kas dan Bank Piutang premi Piutang Lain

2009

Assets Investment Cash and banks Premium receivables Other receivables

12.145.000.000 765.209.828 8.686.113.484 1.056.570.557 22.652.893.869 12,02%

10.695.000.000 972.103.298 7.203.072.501 974.242.200 19.844.418.000 11,10%

8.075.047.009 8.075.047.009 9,68%

3.169.817.372 3.169.817.372 4,04%

Percentage to total liabilities

Pendapatan Underwriting Pendapatan premi Persentase terhadap total pendapatan underwriting

51.690.531.368 36,02%

63.230.941.284 53,70%

Underwriting income Premium income Percentage to total underwriting income

Beban Underwriting Beban klaim Persentase terhadap total beban underwriting

18.440.057.970 31,33%

15.224.810.882 39,28%

Underwriting expense Claims expense Percentage to total underwriting expense

Persentase terhadap total aset Kewajiban Hutang klaim Persentase terhadap total kewajiban

Rincian pihak-pihak yang mempunyai hubungan istimewa sebagai berikut : 2010

Percentage to total assets Liabilities Claims payable

Details of related parties are as follows : 2009

Aset Investasi PT. Bank Agro, Tbk.

12.145.000.000

10.695.000.000

Assets Investment PT Bank Agro Tbk

Kas dan Bank PT. Bank Agro, Tbk.

765.209.828

972.103.298

Cash on hand and in banks PT Bank Agro Tbk

7.373.657.977 18.768.238 91.825.952 537.611.052 8.686.113.484

6.647.288.209 5.988.020 72.549.874 106.434.101 7.203.072.501

1.056.570.557 22.652.893.869

974.242.200 19.844.418.000

Piutang premi PT. Perkebunan Nusantara KPB PTP. Nusantara Koperasi Karyawan Jasa Tania Lain-lain Piutang lain-lain PT. Jasa Tania Medika Kewajiban Hutang klaim PT Perkebunan Nusantara Lain-lain Pendapatan premi PT. Perkebunan Nusantara Lain-lain Beban klaim PT Perkebunan Nusantara Lain-lain

Halaman 32

Nature and Transaction of Related Parties The details of related parties are as follows :

Berikut ini pihak-pihak yang mempunyai hubungan istimewa :

7.428.361.142 646.685.867 8.075.047.009

3.117.786.108 52.031.264 3.169.817.372

49.482.446.275 2.208.085.093 51.690.531.368

61.792.663.650 1.438.277.634 63.230.941.284

18.331.538.424 108.519.547 18.440.057.970

14.920.500.139 304.310.743 15.224.810.882

Premium receivables PT. Perkebunan Nusantara KPB PTP. Nusantara Koperasi Karyawan Jasa Tania Others Other Receivables PT. Jasa Tania Medika Liabilities Claim payable PT Perkebunan Nusantara Others Premium income PT. Perkebunan Nusantara Others Claims expenses PT Perkebunan Nusantara Others

Page 32



36.

36. Informasi Segmen 2010 a.

Segment Information 2009

a. Geographical Segmen

Segmen Geografis :

Underwriting income

Pendapatan underwriting 34.363.813.611

32.116.961.124

Jawa (diluar Jabodetabek)

30.158.778.039

26.671.841.080

Java (excludes Jabodetabek)

Kalimantan

2.831.035.404

2.770.426.478

Kalimantan

Sulawesi

3.668.054.775

2.855.819.414

Sulawesi

14.068.706.763

10.991.947.185

Jabodetabek

85.090.388.592

75.406.995.280

17.395.001.556

15.916.049.886

9.918.758.493

10.753.751.265


Kalimantan

1.921.670.574

1.002.398.408

Kalimantan

Sulawesi

1.004.354.610

1.435.688.350

Sulawesi

10.692.963.384

12.203.663.040

Jabodetabek

40.932.748.616

41.311.550.949

Sumatera

16.968.812.055

16.200.911.238


20.240.019.546

15.918.089.814

Java (excludes Jabodetabek) Kalimantan

Jabodetabek

Underwriting expenses

Beban undewriting Sumatera Jawa (diluar Jabodetabek)

Jabodetabek

Kalimantan

Sumatera

Underwriting income - net

Hasil underwriting - bersih

Sumatera

909.364.830

1.768.028.070

Sulawesi

2.663.700.165

1.420.131.064

Jabodetabek

3.375.743.379

(1.211.715.855)

44.157.639.976

34.095.444.331

Sumatera

1.812.810.298

1.957.045.348


2.155.646.564

1.910.428.757


96.739.074

211.893.258

Kalimantan

Sulawesi

283.366.893

170.198.767

Jabodetabek

359.114.710

(145.220.783)

Kalimantan

Sulawesi Jabodetabek

Investment

Hasil investasi

Sumatera


4.707.677.539

4.104.345.348

Sumatera

12.455.992.486

11.152.683.368


13.737.844.161

10.676.040.386


Kalimantan

1.027.295.542

1.333.426.188

Kalimantan

Sulawesi

2.054.925.845

1.342.392.989

Sulawesi

Jabodetabek

4.056.631.956

1.422.048.617

Jabodetabek

33.332.689.989

25.926.591.547

Sumatera

6.325.629.868

7.005.273.219


8.657.821.949

7.152.478.186


Operating expenses

Beban usaha

Kalimantan

(21.191.638)

646.495.140

Sulawesi

892.141.213

247.936.843

Jabodetabek

Sumatera

Income from operations

Laba usaha

(321.773.866) 15.532.627.526

Halaman 33

Sumatera

Sumatera

(2.778.985.255)

Sumatera


12.273.198.132

Page 33



Other income (expense)

Pendapatan (beban) lain-lain (109.281.748)

(304.361.845)


(204.065.681)

(112.462.494)


Kalimantan

12.109.993

(27.609.053)

Sulawesi

(16.301.611)

(21.983.679)

Jabodetabek

340.327.744

36.356.895

22.788.697

(430.060.175)

Sumatera

Sumatera

6.216.348.120

6.700.911.374


8.453.756.268

7.040.015.692


618.886.087

Kalimantan

Kalimantan Sulawesi Jabodetabek

(9.081.645) 875.839.602 18.553.878 15.555.416.223

225.953.164 (2.742.628.360)


11.843.137.957

Income tax expense

Penghasilan (Beban) pajak penghasilan

Sumatera

Sumatera

(1.289.122.097)

(744.360.055)


(1.753.107.097)

(782.028.917)


(68.747.974)

Kalimantan


1.883.316 (181.628.210) (3.847.631)

(25.099.647) 304.660.498


(3.225.821.719)

(1.315.576.095)

Sumatera

4.927.226.023

5.956.551.319


6.700.649.171

6.257.986.775


550.138.112

Kalimantan

Net income

Laba (rugi) bersih


(7.198.329) 694.211.392 14.706.247 12.329.594.504

200.853.517 (2.437.967.862)

Sumatera


10.527.561.862

b. Business Segmen:

Segmen Usaha :

Underwriting income

Pendapatan underwriting Property

20.074.863.679

23.482.356.988

Property

Motor Vehicle

37.535.121.587

19.597.592.966

Motor Vehicle

Marine Cargo

5.366.852.642

6.742.126.688

Marine Cargo

Marine Hull

30.518.461

(43.481.428)

Marine Hull

Aviation Hull

7.666.875

26.496.000

Aviation Hull

Energy Engineering

(156.620.518) 9.438.900.516

(232.790.619) 13.484.203.123

Energy Engineering

838.933.393

581.931.566

Liability

Accident

6.355.214.239

7.027.257.693

Accident

Bond

3.850.645.220

3.313.011.418

Bond

Miscellaneous

1.748.292.496

1.428.290.885

Miscellaneous

85.090.388.592

75.406.995.280

Liability

Halaman 34


Income before tax

Laba sebelum pajak

b.

Sumatera

Sumatera

Page 34



Underwriting expenses

Beban undewriting Property

13.820.096.980

16.360.956.723

Property

Motor Vehicle

11.377.309.458

10.236.179.423

Motor Vehicle

Marine Cargo

2.132.570.126

4.151.764.284

Marine Cargo

Marine Hull

(41.188.604)

(24.434.789)

Marine Hull

Aviation Hull

(31.742.897)

677.502.669

Aviation Hull

3.261.682.210

6.263.003.087

Engineering

143.951.330

288.334.484

Liability

9.388.295.894

2.239.428.501

Accident

Bond

223.297.234

799.718.630

Bond

Miscellaneous

658.476.884

319.097.936

Miscellaneous

40.932.748.616

41.311.550.949

6.254.766.700

7.121.400.266

Property

Motor Vehicle

26.157.812.128

9.361.413.543

Motor Vehicle

Marine Cargo

3.234.282.516

2.590.362.404

Marine Cargo

Engineering Liability Accident

Underwriting income - net

Hasil underwriting - bersih Property

Marine Hull

71.707.066

(19.046.639)

Marine Hull

Aviation Hull

39.409.772

(651.006.669)

Aviation Hull

Energy Engineering

(232.790.619) 7.221.200.036

Energy Engineering

293.597.081

Liability

(3.033.081.655)

4.787.829.192

Accident

Bond

3.627.347.986

2.513.292.788

Bond

Miscellaneous

1.089.815.612

1.109.192.949

Miscellaneous

44.157.639.976

34.095.444.331

Liability Accident

Halaman 35

(156.620.518) 6.177.218.306 694.982.063

Page 35



37. Analysis Of Asset and Solvability

37. Analisis Kekayaan dan Solvabilitas Berdasarkan Keputusan Menteri Keuangan Republik Indonesia Nomor 424/KMK.06/2003 tanggal 30 September 2003, Perusahaan setiap saat wajib memenuhi tingkat solvabilitas yang dihitung dengan menggunakan pendekatan Risk Based Capital (RBC). Perusahaan setiap saat wajib memenuhi tingkat solvabilitas minimum sebesar 120% dari resiko kerugian yang mungkin timbul sebagai akibat deviasi dalam pengelolaan kekayaan dan kewajiban. Tingkat solvabilitas dihitung dengan mengurangi seluruh kewajiban (kecuali pinjaman subordinasi) dari kekayaan yang diperkenankan.

Based on the Decree of the Minister of Finance of the Republic of Indonesia No. 424/KMK.06/2003 dated September 30, 2003, the Company is required to maintain a certain solvability margin which be determined by Risk Based Capital (RBC) approach. The minimum level of solvability which should be maintains is 120% of potensial loss from deviation on in assets and liabilities management. Solvency margin is calculated by deducted all liabilities (except for subordinated loan) from admitted assets.

Batas minimum tingkat solvabilitas yang diwajibkan dihitung dengan mempertimbangkan kegagalan pengelolaan kekayaan, ketidakseimbangan antara nilai kekayaan dan kewajiban dalam setiap mata uang, perbedaan antara beban klaim yang terjadi dan beban klaim yang diperkirakan, ketidak mampuan reasuradur untuk memenuhi kewajiban membayar klaim.

The required minimum limit of solvency margin is determined by considering the risk of assets default, mismatch currencies of assets and liabilities on every currency, deviation of estimated claims expense and actual claims expense, default of claims payment by reinsurer.

Pada tanggal 30 September 2010 dan 2009, rasio pencapaian solvabilitas yang dihitung berdasarkan Keputusan Menteri Keuangan Nomor 424/KMK.06/2003 adalah sebesar 168% dan 193%.

As of September 30, 2010 dan 2009, solvability ratios which are calculated in accordance with the Decree of Minister of Finance of the Republic of Indonesia No. 424/KMK.06/2003 are 168% and 193%.

I. Analisis Kekayaan

I. Assets Analysis 2010

Aset yang Diperkenankan Investasi Kas dan Bank Piutang Premi Piutang Reasuransi Piutang Hasil Investasi Aset Tetap setelah dikurangi Akumulasi Penyusutan

2009

73.711.273.711 8.800.826.020 15.098.460.940 2.966.984.377 381.389.220

68.959.624.752 10.129.392.842 12.419.471.544 4.804.963.353 330.024.387

17.799.465.110 118.758.399.379

18.009.410.061 114.652.886.941

II. Solvency Margin

II. Tingkat Solvabilitas 2010

2009

A. Solvency Margin

A. Tingkat Solvabilitas Kekayaan Yang Diperkenankan Kewajiban (kecuali Pinjaman Subordinasi) Jumlah Tingkat Solvabilitas

118.758.399.379 83.385.646.352

114.652.886.941 78.547.887.375

Admitted Asset Liabilities (except for subordinated loan)

35.372.753.027

36.104.999.565

Total solvency margin B. Minimum Solvency Margin

B. Batas Tingkat Solvabilitas Minimum (BTSM)

15.790.211.578 2.132.677.480

Mismatch Currencies Actual claims expense and estimated 14.796.562.328 claims expense 1.452.348.093 Reinsurer risk

Jumlah BTSM

21.041.207.867

18.735.987.153

Total Minimum Solvency Margin

14.331.545.160

17.369.012.412

C. Excess (less) solvency margin

168 %

193 %

D. Rasio Pencapaian Solvabilitas (dalam %)

2.739.796.318 378.522.491

2.479.798.652

Assets default

1) Kegagalan Pengelolaan Kekayaan 2) Kekayaan dan Kewajiban Dalam Setiap Jenis Mata Uang 3) Beban Klaim Yang Terjadi dan Beban Klaim Yang Diperkirakan 4) Risiko Reasuradur

C. Kelebihan (Kekurangan) Batas Tingkat Solvabilitas

Halaman 36

Admitted Asset Investment Cash on hand and in banks Premiums receivable Reinsurance receivables Interest receivable Fixed assets net of accumulated depreciation

7.278.080

D. Solvency ratios

Page 36



38. Monetary Assets and Liability in Foreign Currencies

38. Aset dan Kewajiban Dalam Mata Uang Asing Dollar Amerika Serikat Investasi Deposito Berjangka Kas Bank Piutang Premi Piutang Reasuransi Hutang Klaim Estimasi Klaim Retensi Sendiri Hutang Reasuransi Hutang Komisi

Ekuivalen (Rupiah) Investasi Deposito Berjangka Kas Bank Piutang Premi Piutang Reasuransi Hutang Klaim Estimasi Klaim Retensi Sendiri Hutang Reasuransi Hutang Komisi

2010 1.025.000 5.426 240.130 471.417 87.769 84.108 652.816 14.424 110.924 2.692.015 2010 9.147.100.000 48.419.589 2.142.918.255 4.206.923.295 783.254.923 750.580.060 5.825.734.164 128.721.772 989.886.629 24.023.538.686

Kurs konversi yang digunakan Perusahaan pada tanggal 30 September 2010 dan 2009 masing-masing adalah 1US$ =Rp 8924.0,- dan Rp 9681.0,-

Halaman 37

2009 675.000 2.226 243.579 495.770 192.147 53.539 761.220 242.192 88.984 2.754.658 2009 6.534.675.000 21.547.699 2.358.091.091 4.799.553.921 1.860.174.791 518.311.737 7.369.370.956 2.344.660.306 861.457.512 26.667.843.011

Investment Time Deposito Cash Banks Premiums receivable Reinsurance receivable Claims payable Estimated own retention claims Reinsurance payable Commissions payable Rupiahs Investment Time Deposito Cash Banks Premiums receivable Reinsurance receivable Claims payable Estimated own retention claims Reinsurance payable Commissions payable

The exchange rate as at September 30, 2010 and 2009 are 1US$ =Rp 8924.0,- and Rp 9681.0,- respectively

Page 37

Lampiran 1

Attachment 1

PT ASURANSI JASA TANIA Tbk Underwriting Result (Un Audited) For the Periods ended September 30, 2010 and 2009 (Expressed in Rupiah, unless otherwise stated)

PT. ASURANSI JASA TANIA, Tbk. Hasil Underwriting (Tidak Audit) Untuk Periode Yang Berakhir 30 September 2010 dan 2009


2010 Keterangan/Description PENDAPATAN UNDERWRITING / UNDERWRITING INCOME Premi bruto / Gross premium Premi penutupan langsung / Direct Premium Premi pentupan tidak langsung / Indirect premium

Jumlah premi bruto / Total gross premium

Property

Motor Vehicle

Marine Cargo

Marine Hull

Aviation Hull

Energy

Engineering

Liability

Accident

Bond

Miscellaneous

Jumlah

46.112.903.089 5.758.164.549

48.826.634.068 0

6.611.722.936 21.066.326

317.046.279 0

0 0

0 0

15.426.419.778 541.359.766

1.037.911.859 0

10.425.827.638 0

4.588.847.427 1.194.948.480

2.622.286.739 10.940.000

135.969.599.812 7.526.479.121

51.871.067.638

48.826.634.068

6.632.789.261

317.046.279

0

0

15.967.779.544

1.037.911.859

10.425.827.638

5.783.795.908

2.633.226.739

143.496.078.933

Premi reasuransi / Reinsurance premiums

35.961.797.462

573.765.995

1.375.168.146

227.999.223

0

0

8.510.914.984

0

5.012.530.928

2.250.389.229

788.122.570

54.700.688.537

Jumlah premi bersih / total net premium

15.909.270.176

48.252.868.073

5.257.621.116

89.047.056

0

0

7.456.864.560

1.037.911.859

5.413.296.709

3.533.406.678

1.845.104.169

88.795.390.396

PYBMP tahun lalu / Unearned premiums previous year PYBMP tahun berjalan / Unearned premiums current year Decrease (increase) in unearned premiums

7.498.582.813 3.332.989.310 4.165.593.503

7.586.838.759 18.304.585.245 (10.717.746.486)

Jumlah pendapatan premi / Total premium income Pendapatan (beban) underwriting lain-lain/ Others underwriting income (expenses) Jumlah pendapatan premi / Total premium income

20.074.863.679

37.535.121.587

0 0 20.074.863.679 37.535.121.587

BEBAN UNDERWRITING / UNDERWRITING EXPENSES Beban klaim / Claim Expenses Klaim bruto / gross claim Klaim reasuransi / Reinsurance claims Kenaikan (penurunan) EKRS / Increase (decrease) in EORC tahun berjalan / current period tahun lalu / prior year

34.997.838.821 29.818.961.134

7.552.926.071 39.370.041

15.280.649.184 14.216.226.792 1.064.422.392

3.813.763.552 2.441.415.085 1.372.348.467

Jumlah beban klaim / Total Claim Expense

6.243.300.078

Pendapatan Komisi / Commission income Beban komisi / Commision expense

6.083.609.547 13.660.406.448 (7.576.796.901)

Pendapatan (beban) komisi / Commission income (expenses)

457.690.515 348.458.988 109.231.527

(10.975.311) 47.553.284 (58.528.595)

7.666.875 0 7.666.875

(156.620.518) 0 (156.620.518)

4.033.741.069 2.051.705.113 1.982.035.956

159.369.777 358.348.243 (198.978.466)

2.358.952.831 1.417.035.301 941.917.530

1.642.482.320 1.325.243.778 317.238.542

5.366.852.642

30.518.461

7.666.875

(156.620.518)

9.438.900.516

838.933.393

6.355.214.239

3.850.645.220

1.748.292.496

85.090.388.592

0 5.366.852.642

0 30.518.461

0 7.666.875

0 (156.620.518)

0 9.438.900.516

0 838.933.393

0 6.355.214.239

0 3.850.645.220

0 1.748.292.496

0 85.090.388.592

1.210.912.842 457.700.000

331.500 265.200

0 0

0 0

4.128.586.990 1.033.102.263

1.910.078 0

10.142.830.143 2.649.479.804

12.000.000 9.000.000

812.754.749 429.796.250

58.860.091.195 34.437.674.692

24.102.073.770 27.807.075.575 (3.705.001.805)

0 0 0

4.784.110.741 6.945.515.035 (2.161.404.294)

0 0 0

82.333.876 58.096.778 24.237.097

0 0 0

0 16.695.000 (16.695.000)

24.764.893.541 24.918.820.478 (153.926.937)

199.413.932 593.087.883 (393.673.952)

9.581.250 21.000.000 (11.418.750)

595.041.007 626.783.904 (31.742.897)

8.885.904.497

359.538.891

(11.352.450)

(31.742.897)

0

934.080.433

1.910.078

7.517.587.437

3.000.000

366.263.499

24.268.489.566

30.172.239 2.521.577.200

218.778.814 1.991.810.050

42.417.532 12.581.378

0 0

0 0

1.720.317.642 4.047.919.419

0 142.041.253

1.271.303.637 3.142.012.093

686.055.081 906.352.316

223.313.031 515.526.416

10.275.967.522 26.940.226.572

(2.491.404.961)

(1.773.031.236)

29.836.154

0

0

(2.327.601.777)

(142.041.253)

(1.870.708.457)

(220.297.234)

(292.213.385)

(16.664.259.050)

Jumlah biaya underwriting / Total Underwriting Expense 13.820.096.980

11.377.309.458

2.132.570.126

(41.188.604)

(31.742.897)

Hasil Underwriting / Underwriting Results

26.157.812.128

3.234.282.516

71.707.066

39.409.772

6.254.766.700

524.344.641 621.156.313 (96.811.673)

0 (156.620.518)

3.261.682.210

143.951.330

6.177.218.306

694.982.063

223.297.234

658.476.884

40.932.748.616

(3.033.081.655) 3.627.347.986

9.388.295.894

1.089.815.612

44.157.639.976

Lampiran 2

Attachment 2

PT ASURANSI JASA TANIA Tbk Underwriting Result (Un Audited) For the Periods ended September 30, 2010 and 2009 (Expressed in Rupiah, unless otherwise stated)

PT. ASURANSI JASA TANIA, Tbk. Hasil Underwriting (Tidak Audit) Untuk Periode Yang Berakhir 30 September 2010 dan 2009


2009 Keterangan/Description PENDAPATAN UNDERWRITING / UNDERWRITING INCOME Premi bruto / Gross premium Premi penutupan langsung / Direct Premium Premi pentupan tidak langsung / Indirect premium

Jumlah premi bruto / Total gross premium

Property

Motor Vehicle

Marine Cargo

Marine Hull

Aviation Hull

Energy

Engineering

Liability

Accident

Bond

Miscellaneous

Jumlah

46.910.496.622 2.805.987.971

23.460.833.802 0

8.018.700.128 38.248.277

270.730.801 0

39.375.000 0

0 0

16.812.804.362 907.367.983

496.550.330 1.903.895

10.038.703.602 0

5.662.759.688 505.992.096

1.746.939.868 29.060.500

113.457.894.202 4.288.560.723

49.716.484.592

23.460.833.802

8.056.948.405

270.730.801

39.375.000

0

17.720.172.345

498.454.225

10.038.703.602

6.168.751.784

1.776.000.368

117.746.454.925

Premi reasuransi / Reinsurance premiums

26.316.392.942

2.122.283.772

1.558.728.749

293.612.673

13.500.000

391.551.296

4.949.388.564

0

2.944.680.126

1.262.827.355

146.040.830

39.999.006.306

Jumlah premi bersih / total net premium

23.400.091.650

21.338.550.030

6.498.219.656

(22.881.872)

25.875.000

(391.551.296)

12.770.783.782

498.454.225

7.094.023.476

4.905.924.429

1.629.959.539

77.747.448.619

PYBMP tahun lalu / Unearned premiums previous year PYBMP tahun berjalan / Unearned premiums current year Decrease (increase) in unearned premiums

7.580.848.151 7.498.582.813 82.265.338

5.845.881.694 7.586.838.759 (1.740.957.065)

701.597.547 457.690.515 243.907.032

(31.574.867) (10.975.311) (20.599.556)

8.287.875 7.666.875 621.000

2.140.158 (156.620.518) 158.760.677

4.747.160.411 4.033.741.069 713.419.342

242.847.118 159.369.777 83.477.341

2.292.187.048 2.358.952.831 (66.765.783)

49.569.309 1.642.482.320 (1.592.913.011)

Jumlah pendapatan premi / Total premium income Pendapatan (beban) underwriting lain-lain/ Others underwriting income (expenses) Jumlah pendapatan premi / Total premium income

23.482.356.988

19.597.592.966

6.742.126.688

(43.481.428)

26.496.000

(232.790.619)

13.484.203.123

581.931.566

7.027.257.693

3.313.011.418

1.428.290.885

75.406.995.280

0 0 23.482.356.988 19.597.592.966

0 6.742.126.688

0 (43.481.428)

0 26.496.000

0 0 (232.790.619) 13.484.203.123

0 581.931.566

0 7.027.257.693

0 3.313.011.418

0 1.428.290.885

0 75.406.995.280

492.300 0

1.835.188.301 804.361.481

0 0

0 0

38.756.684.587 15.848.987.778

0 0 0

0 0 0

30.687.957.776 26.343.688.972 4.344.268.804

BEBAN UNDERWRITING / UNDERWRITING EXPENSES Beban klaim / Claim Expenses Klaim bruto / gross claim Klaim reasuransi / Reinsurance claims Kenaikan (penurunan) EKRS / Increase (decrease) in EORC tahun berjalan / current period tahun lalu / prior year

19.667.430.817 12.365.763.720

7.957.063.994 890.440.165

19.516.789.982 15.111.134.974 4.405.655.008

2.863.297.210 2.065.194.749 798.102.461

Jumlah beban klaim / Total Claim Expense

11.707.322.105

7.864.726.289

Pendapatan Komisi / Commission income Beban komisi / Commision expense

5.827.024.571 10.480.659.188

78.655.549 2.450.108.683

(4.653.634.618)

(2.371.453.134)

Pendapatan (beban) komisi / Commission income (expenses)

Jumlah biaya underwriting / Total Underwriting Expense 16.360.956.723 Hasil Underwriting / Underwriting Results

7.121.400.266

3.053.118.126 432.602.274

21.761.620.431 24.102.073.770 (2.340.453.339)

0 0

0 0

6.238.891.050 1.355.820.138

0 33.491.194 (33.491.194)

670.794.857 0 670.794.857

0 0 0

7.200.962.695 8.507.461.627 (1.306.498.933)

187.812.402 0 187.812.402

56.506.533 44.546.250 11.960.283

2.230.449.773

(28.991.194)

670.794.857

0

3.576.571.979

188.304.702

1.042.787.103

0

0

27.251.965.614

265.315.012 2.186.629.523

29.436.938 33.993.342

3.037.500 9.745.313

0 0

992.224.069 3.678.655.177

0 100.029.783

735.626.288 1.932.267.686

355.990.245 1.155.708.875

8.609.929 327.707.865

8.295.920.100 22.355.505.435

(1.921.314.511)

(4.556.405)

(6.707.813)

0

(2.686.431.108)

(100.029.783)

(1.196.641.398)

(319.097.936)

(14.059.585.335)

191.794.098 581.860.178 (390.066.079)

4.500.000 0

322.675.987 524.344.641 (201.668.653)

10.236.179.423

4.151.764.284

(24.434.789)

677.502.669

9.361.413.543

2.590.362.404

(19.046.639)

(651.006.669)

0 (232.790.619)

(799.718.630)

6.263.003.087

288.334.484

2.239.428.501

799.718.630

319.097.936

41.311.550.949

7.221.200.036

293.597.081

4.787.829.192

2.513.292.788

1.109.192.949

34.095.444.331

Financial Statements 30 September 2010 dan 2009 September 30, 2010 and 2009

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