PT INDO KOMODITI KORPORA Tbk and its Subsidiary

LAPORAN KEUANGAN KONSOLIDASIAN/ Consolidated Financial Statements

PT INDO KOMODITI KORPORA Tbk DAN ENTITAS ANAK/ PT INDO KOMODITI KORPORA Tbk and its Subsidiary

Untuk Tahun Yang Berakhir Pada Tanggal-Tanggal 31 Desember 2015 Dan 2014 Dan 1 Januari 2014/ For the Years Period Ended 31 Desember 2015 and 2014 and January 1, 2014

SURAT PERNYATAAN DlREKSI TENTANG TANGGUNG JAWAS ATAS LAPORAN KEUANGAN KONSOUDASlAN PADA TANGGAl31 OESEMBER 2015 DAN 2014 SERTA UNTUK TAHUN-TAHUN YANG BERAKHIR PADA 31 DESEMBER 2015 DAN 2014 PT INDO KOMODITI KORPORA Tbk DAN ENTITAS ANAK _ _ _ _ _ _--'-!'~'KELOMPOK USAHA") Kami yang bertandatangan dibawah ini. 1. Nama Alamal kanlor

Nomor telepon Jabatan

2. Nama Alamat kantor

Nomor telepon Jabatan

DfRECTORS' STATEME.NT LETTER REGARDING RESPONSIBlL.1TY FOR THE. CONSOI...IDATED FINANCIAL STATEMENTS AS OF DECEMBER 31, 2DtSAND2014 AND FOR THE YEARS ENDED DECEMBER 31, 2015 AND 2014 PT INDO KOMOom KORPORA 1bIc ANDSUBSIDIARJES _ _ _~ _ _ _-,(-,'7HE.c.=.GROUP')_~. __ ._ _ __ We. the undersigned.'

Sujaka Lays Office 8, Level 18-A JlJend. Sudirman Kav. 52·53 SCBD. Jakarta Selatan

. 1

Name Office address

Sujaka Lays Office 8, Level18-A Jl.Jand. Sudirman Kav 52·53

SCBD, Jakarta Selatan

(021) 3049 0227

Phone number . (021) 30490227

Presiden Dlrektur

Position

President Director

Name

Daniel 508llstyo Office 8, Level 18-A

Daniel Soelislyo Office 8. Lellel18-A Jl.Jend. Sudirman Kav. SCBD. Jakarta Selalan

2.

Office address

52-53

JUend. Sudirman Kav. 52·53 SCBD. Jakarta Selalan Pilone number : (021) 30490227

Director

PoS/tiOll

(021) 3049 0227 Direklur

Menyatakan bahwa ;

Declare that. We are responsible for the preparation and presentatlOl'l of Ihe Group's conso!ldated financial statements

1. Karnl bertanggl.ll'lg Jawab alas penyllsunan dan penyaJian laporan keuangan konsolidasian Kelompok Usaha.

2. Laporan keuangan konsolidasian Kalompok Usaha telah di5usun dan disajikan sesual Keuangan dl Indonesia

2.

The Group's consolidated financial statements. have been prepared and presented III .accordance With IndoneSIan Financial Aocounting Standards.

3.

a. All mformaliOn in the Group's consolIdated financial stateroonts has been disdosed in a complete and /llJthful

dengan Standar Akuntansi

3. a. Samua inlormas; dalsm laporan keuangan konsolklasian Kelompok Usaha telah dimuat secara Iengkap dan Dlmar.

mannel:

4. Kaml bertanggung jawab atas sislem pengendalian intemal dalam Kelompok Usaha.

pemyalaan ini dibual dangan sebenarnya

4

I am responsible for /he Group's intemal control system.

Thus Ihls statements is made tru/llfully

Jakarta.

S\ljaka Lays Presidenl Direklur I President DirfICtor

.

b. The Group's consolidated financial statements do not contain any incorrad materiel information or facts. and do not omit matlmal informallOll and facts

b. Laporan keuangan konsolidasian Kelompok Usaha tidal< mengandung informasi alau faMa malerial yang tidak bener. dan tidak menghilangkan informssi alau fakta malerlal.

S

February 2016

Oani!t/ $gelistyo Direklur I Director

PT Indo Komoditi Korpora Tbk Office 8, Lev.I,8-A, JI • .lend. Sodlfman Kav. 52-53 SodilTY\at\ Central Business D!!trict, ja~arta 12190 T; (+62-21)30~9 0227, f: ("-6'-21) 3049 0128

DAFTAR lSI

TABLE OF CONTENTS

Halaman/Page laporan Posisi Keuangan Konsolidasi;m

la-lb

Consolidated Statements of Financial Position

laporan laba Rugi dan Penghasilan Komprehensif lainnya Konsolidasian

2

Consolidated Statements of Other Comprehensive Income

laporan Perubahan Ekuitas Konsolidasian

3

Consolidated Statements of Changes in Equity

laporan Arus Kas Konsolidasian

4a-4b

Consolidated Statements of Cash Flows

Catatan Atas laporan Keuangan Konsolidasian

5-93

Notes to the Consolidated Financial Statement

ACHMAD, RASYID, HISBULLAH & JERRY REGISTERED PUBLIC ACCOUNTANTS KANTOR PUSAT: NIU. KAP: 586lKM.l12007 Member of: Nozaka Japan Certified Public Accountant Firm Punl Cabang

: JL Kcpu !:lard! ~o. ~o-91 13 KemayoIJl1 JakilJla Pusal Tclp. : 021-414?~72. 426497 i Fax: 021- 424(0)10 website' www.kal)l.lfhj.com. {-mail: kap.. arhj1a.yahoo.co.id : JaKarf3 :\13tllpnng. R:mcrJllg & Scmaraug

LAPORAN AUDITOR INDEPENDEN

INDEPENDENT AUDITORS' REPORT

No. : 16/ARHJ-RD/RYD·IKKJGAl12.16

No. : 16/ARHJ-RDIRYD-IKK/GA/02.16

Kepada Pemegang Saham, Dewan Komisaris dan Direksi

To The Shareholders, Boards of Commissioners and Directors

PT INDO KOMODITI KORPORA Tbk Kami telah mengaudit laporan keuangan Konsolldasian (UPerusahaan") dan Entitas Anaknya terlampir, yang terdlr] dari laparan postsi keuangan konsolidasian langgal 31 Desember 2015, serta laparan laba-rugi komprehensif konsolidasian, laporan perubahan ekuilas. dan laparan arus kas konsolidasian unluk tahun yang berakhlf pada tanggal tersebut. dan suatu Ikhtisar kebijakan akuntansi signifikan dan informasi penjelasan lainnya.

We have audited the accompanying consolidated financial statements of PT Indo Komoditi Korpora Tbk (''the Company") and its SubSidiaries, which comprise the consolidated statement of fmancial position as of December. 2015. and the consolidated statement of comprehensive income. statement of changes in equity. and consolidated statement of cash flows for years then ended. and a summary of significant accounting pOlicies and other explanatorj information.

Tanggung jawab manajemen atas laporan keuangan

Management's responsibility for the financial statements Management is responsible for the preparation and fair presentation of these financial statements itl accordance willl Indonesian Financial Accountmg Standards and for such intemal control as management detenmf)es is necessary to enable the preparation of financial statemsn/s that 3re free from matenal misstatement. whether due to fraud or l.::((or

PT Indo Komoditi Korpora Tbk

Manajemen bertanggung jawab alas penyusunan dan penyajian wajar laparan keuangan ini sesuai dengan Standar Akuntansi Keuangan di Indonesia. dan alas pengendalian internal yang dianggap perlu o!eh manajemen unluk memungkinkan penyuSllnan laporan keuangan yang bebas dari kesalahan penyajian materia!, baik yang disebabkan oleh kecurangan maupun kesalahan.

Tanggung jawab auditor

Auditors' responsibility

Tanggung jawab kaml adalah untuk menyalakan suatu opin! atas laparan keuangan ini berdasarkan audit kami Kaml melaksanakan audit kami berdasarkan Standar Audit yang ditetapkan oleh Institul Akuntan Publik Indonesia. Standar lersebut mengharuskan kaml untuk mematuhi ketentuan alika serta merencanakan dan melaksanakan audit untuk memperoleh keyakinan memadai lentang apakah lapnran keuangan babas dari kesalahan penyajian material

Our responsibility is to express an opinion on these financial statements based on our audit. We conducted our audit In accordance with Standards on Auditmg establIshed by the Indonesian Institute of Certified PubliC Accountants Those standards require that we comply with ethical requirements and plan and perform the audit to obtain reasonable assurance about whether the financial statements are free from material misstatement.

•

ACHMAD, RASYID, HISBULLAH & JERRY REGISTERED PUBLIC ACCOCNTANTS

KANTOR PUSAT : NIl). KAP: 586/KM.I/2007

Member of: Nozaka Japan eel·tifted Public Accountant Firm PUSlit

Cabang

: JI. Kcpu flarall'<
Laporan Auditor Independen (Ianjutan)

Independent Auditors' Report (continued)

Tanggung jawab Auditor (Ianjutan)

Auditors' responsibility (continued)

Kamj yakin bahwa bukti audit yang lel/lh kaml peroleh adalah cukup dan tepat untuk menyediakan suatu basis bagi opini audit kamL

We believe that the audit eVidence we have obtained is sufficient and appropriate to provide a basis for our opinIOn.

Opini

Opinion

Menurut opin; kaml, laporan keuangan konsolidasian terlampir menyajikan secara wajar, dalam semua hal yang material, posisi keuMgan PT Indo Komoditi Korpora Tbk dan Entitas Anaknya tanggal 31 Desember 2015, serta kinerja keuangan dan arus kas untuk tahun yang berakhir pada tanggal tersebut. sesuai dengan Standar Akuntansi Keuangan di Indonesia.

In our opinion, the accompanying consolidated financial statements present fairly, in all material respects, the financial position of PT fndo Komoditi Korpora Tbk and Its Subsidiaries as of December 31,2015. and their financIal performance and cash flows for the year then ended, in accordance with Indonesian Financial Accounting Standards.

Penekanan atas suatu hal

Emphasis of Matter

Seperti diungkapkan dalam Catalan 28 atas laporan keuangan Konsotidasian, efekfif sejak 1 Januari 2015, Perusahaan dan Entitas Anaknya menerapkan Pernyataan Standar Akuntansi Keuangan No. 24 (Revisi 2013), "Imbalan Karja", secara retrospek\if, oleh karena itu, taporan posisi keuangan Konsolidasian pada lan9gal 31 Desember 2014 dan 1 Januari 2014, sarta laporan laba rugi dan penghasilan komprehensif ,ain konsolidasian. dan laporan perJbahan ekuitas konsolidasian untuk tahun yang berakhir pada tanggal 31 Desember 2014 telah disajikan kembaJi.

As disclosed in Note 28 (0 the accompanyIng consolidated financial statement. effective from January 1. 2015. the Company and its Subsidiaries adopted Statement of Financial Accounting Standards No 24 (Revised 2013) "Employee Benefits", retrospectively, accordrngly the consolidated statement of financial pOSition as of December 31. 2014 and January 1. 2014. as well consolidated statement of profit or loss and other comprehensive income, and statement of changes ill eqwty for years then ended December 31. 201.4 were restated.

KANTOR AKUNTAN PUBLIK J REGISTERED PUBLIC ACCOUNTANTS

ACHMAD, RASYID, HISBULLAH & JERRY

on Ach@!9 fiX, Ak., MM.! CA.! CPA

IZln Akunlan PilbllO: i (icenee of Public Accountant No. AP. C102

Jakarta. February 05. 2016

Jakarta, 05 Pebruari 2016

NOTICE TO READERS

PT INDO KOMODITI KORPORA TBK DAN ENTITAS ANAK LAPORAN POSISI KEUANGAN KONSOLIDASIAN PER 31 DESEMBER 2015 DAN 2014 SERTA 1 JANUARI 2014 (Disajikan dalam Rupiah penuh, kecuali dinyatakan lain)

Catatan/ Notes

PT INDO KOMODITI KORPORA TBK AND ITS SUBSIDIARIES CONSOLIDATED STATEMENT OF FINANCIAL POSITION AS OF DECEMBER 31, 2015 AND 2014 AND JANUARY 1, 2014 (Expressed In Full Amount Rupiah, except for otherwise stated)

31 Des/

31 Des/

1 Jan/

Dec 31, 2015

Dec 31, 2014

Jan 1, 2014

ASET Aset Lancar Kas dan setara kas Piutang usaha Persediaan Uang muka Biaya dibayar di muka Pajak dibayar dimuka Uang muka pembelian tanah Jumlah Aset Lancar

Aset Tidak Lancar Aset Pajak Tangguhan Piutang pihak berelasi Aset tetap - setelah dikurangi akumulasi penyusutan sebesar Rp 52.346.734.553 dan Rp 46.636.983.391 dan Rp 0 per 31 Desember 2015 dan 2014 serta 1 January 2014 Goodwill Jumlah Aset Tidak Lancar

ASSETS

2c, 2e, 5, 31 2f, 2g, 6, 31 2h, 7 8 2i, 9 2q, 14a 10

27.439.754.167 7.359.905.409 155.745.536.123 2.132.977.705 45.597.600 2.903.679.854 79.434.215.614 275.061.666.472

42.253.157.740 14.547.459.000 120.772.865.016 962.438.842 111.666.542 2.259.053.330 79.434.215.614 260.340.856.084

2q,14d 2d,2f,2g,11,30,31

3.016.604.614 85.844.056.073

2.732.669.075 86.884.880.542

-

2j,2l,12 2k,2l,13

53.828.752.854 5.311.850.105 148.001.263.646

58.638.659.236 5.311.850.105 153.568.058.958

-

423.062.930.118

413.908.915.042

JUMLAH ASET

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

818.359.321 132.814.374 951.173.695

951.173.695

Current Assets Cash and cash equivalents Account receivable Inventory Advance payment Prepaid expense Prepaid tax Advances for land acquisition Total Current Assets

Investment in association Due from related party Fixed assets net of accumulated depreciation of Rp 52.346.734.553 and Rp 46,636,983,392 and Rp 0of Fixed assets net of accumulated depreciation December 31, 2015 and 2014 and January 1, 2014 Goodwill Total Non Current Assets TOTAL ASSETS

See accompanying notes to financial statements which are an integrated part of the financial statements 1a

PT INDO KOMODITI KORPORA TBK DAN ENTITAS ANAK LAPORAN POSISI KEUANGAN KONSOLIDASIAN PER 31 DESEMBER 2015 DAN 2014 SERTA 1 JANUARI 2014 (Disajikan dalam Rupiah penuh, kecuali dinyatakan lain)

PT INDO KOMODITI KORPORA TBK AND ITS SUBSIDIARIES CONSOLIDATED STATEMENT OF FINANCIAL POSITION AS OF DECEMBER 31, 2015 AND 2014 AND JANUARY 1, 2014 (Expressed In Full Amount Rupiah, except for otherwise stated)

Catatan/

31 Des/

31 Des/

1 Jan/

Notes

Dec 31, 2015

Dec 31, 2014

Jan 1, 2014

LIABILITAS DAN EKUITAS

Current Assets h and cash equivalents Account receivable Advance payment Prepaid expense

ces for land acquisition Total Current Assets

estment in association Due from related party Fixed assets net of ulated depreciation of p 52.346.734.553 and 46,636,983,392 and mulated depreciation of cember 31, 2015 and and January 1, 2014

Non Current Assets TOTAL ASSETS

LIABILITIES AND EQUITY

Liabilitas Jangka Pendek Utang bank Utang usaha Biaya yang masih harus dibayar Utang pajak Utang Lain-lain Jumlah Liabilitas Jangka Pendek

2n,15, 31 2d,2m,16,31 17,31 2q,14b 2d,18,31

263.267.947.800 7.335.064.612 4.479.084.620 1.586.319.234 276.668.416.266

242.820.677.698 21.868.394.323 7.244.203.417 1.692.435.172 130.000.000.000 403.625.710.610

247.300.000 7.704.453.905 7.951.753.905

Current Liabilities Bank loan Trade payable Accrued expense Tax payable Other payable Total Current Liabilities

Liabilitas Jangka Panjang Utang pada pihak berelasi Liabilitas imbalan pasca kerja Jumlah Liabilitas Jangka Panjang

2d,19,30,31 2o,20

230.996.874 11.293.238.050 11.524.234.924

230.996.874 10.930.676.301 11.161.673.175

164.996.874 164.996.874

Non Current Liabilities Due to related parties Employee benefit liability Total Non Current Liabilities

288.192.651.190

414.787.383.785

8.116.750.779

TOTAL LIABILITIES

Jumlah Liabilitas

Ekuitas Modal saham modal dasar saham 6.254.696.296 saham ditempatkan dan disetor penuh 61.325.926 saham seri A dengan nilai nominal Rp 500 per saham dan 1.377.044.539 saham seri B dengan nilai nominal Rp 100 per saham (31 Desember 2015) dan 61.325.926 saham seri A dengan nilai nominal Rp 500 per saham dan 77.044.539 saham seri B dengan nilai nominal Rp 100 per saham (31 Desember 2014) Agio Saham Pendapatan komprehensif lainnya Saldo rugi Kepentingan non pengendali Jumlah Ekuitas

2p,21 22

23

JUMLAH LIABILITAS DAN EKUITAS

168.367.416.900 21.887.036.000 891.404.017 (57.564.117.053) 133.581.739.864 1.288.539.064 134.870.278.928

38.367.416.900 21.887.036.000 90.376.887 (62.490.204.925) (2.145.375.138) 1.266.906.395 (878.468.743)

423.062.930.118

413.908.915.042

30.662.963.000 21.887.036.000 (59.715.576.084) (7.165.577.084) (7.165.577.084) 951.173.695

Equity Capital stock 6,254,696,296 shares authorized capital stock issued and fully paid 61,325,926 shares of series A with nominal value of 500 per share and 1.377.044.539 shares of series B with nominal value of 100 per share (December 31, 2015) and 61,325,926 shares of series A with nominal value of 500 per share and 77.044.539 shares of series B with nominal value of 100 per share (December 31, 2014) Shares premium Other comprehensive income Retained loss Non-controlling interest Total equity TOTAL LIABILITIES AND EQUITY

tatements which are an he financial statements

Catatan atas laporan keuangan merupakan yang tidak terpisahkan dari laporan keuangan konsolidasian

See accompanying notes to financial statements which are an integrated part of the consolidated financial statements 1b

PT INDO KOMODITI KORPORA TBK DAN ENTITAS ANAK LAPORAN LABA RUGI DAN PENGHASILAN KOMPREHENSIF LAINNYA KONSOLIDASIAN 31 Desember 2015 DAN 2014 SERTA 1 JANUARI 2014 (Dinyatakan Dalam Rupiah Penuh, kecuali dinyatakan lain)

PT INDO KOMODITI KORPORA TBK AND ITS SUBSIDIARIES CONSOLIDATED STATEMENT OF OTHER COMPREHENSIVE INCOME FOR THE YEARS ENDED DECEMBER 31, 2015 AND 2014 AND JANUARY 1, 2014 (Expressed In Full Amount Rupiah, except for otherwise stated)

Catatan/

31 Des/

31 Des/

Notes

Des 31, 2015

Des 31, 2014

BILITIES AND EQUITY PENJUALAN

2r,24

374.407.257.762

105.838.584.363

SALES - NET

BEBAN POKOK PENJUALAN

2r,25

310.654.417.925

85.141.395.170

COST OF SALES

63.752.839.837

20.697.189.193

GROSS PROFIT

(8.922.154.682) (30.883.165.579) (28.388.907.245) 657.765.957 9.180.066.421

(2.751.824.993) (11.027.050.818) (9.456.712.874) 208.762.155 (193.095.721)

Sales expenses General and administrative expenses Finance expenses Maklon income Others,net

5.396.444.709

(2.522.733.058)

PROFIT BEFORE TAX INCOME

Current Liabilities Trade payable LABA BRUTO Beban pemasaran Beban umum dan administrasi Beban keuangan Pendapatan Jasa Maklon Lain-lain bersih

2r,26 2r,27 2r,28 2r,28 2r,28

mployee benefit liability LABA SEBELUM PAJAK PENGHASILAN PAJAK PENGHASILAN Pajak kini Pajak Tangguhan Equity attributable to owners ofthe parent LABA BERSIH PERIODE BERJALAN

2q, 14c 2q, 14c

(999.668.750) 550.944.582 (448.724.168)

(386.888.250) 142.422.634 (244.465.616)

TAX EXPENSE Current tax Defered tax

4.947.720.541

(2.767.198.674)

LOSS INCOME FOR THE PERIOD

801.027.130

(544.459.655)

OTHER COMPREHENSIVE INCOME

5.748.747.671

(3.311.658.329)

TOTAL COMPREHENSIVE LOSS FOR THE PERIOD

4.926.087.872 21.632.669 4.947.720.541

(2.774.628.841) 7.430.167 (2.767.198.674)

Rp 500 per share PENGHASILAN KOMPREHENSIF LAINNYA Rp 100 per share

issued and fully d shares of Seri A and

LABA KOMPREHENSIF PERIODE BERJALAN Laba yang diatribusikan kepada: Pemilik entitas induk Kepentingan non-pengendali

ecember 31, 2014 and Laba rugi komprehensif yang diatribusikan kepada: Pemilik entitas induk Kepentingan non-pengendali Retained loss

5.727.115.002 21.632.669 5.748.747.671

(3.319.088.496) 7.430.167 (3.311.658.329)

Profit attributable to: Owners of the parent entity Non-controlling interests Comprehensive income attributable to: Owners of the parent entity Non-controlling interests

Non-controlling interest Total equity

ILITIES AND EQUITY

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

See accompanying notes to financial statements which are an integrated part of the consolidated financial statements 2

PT INDO KOMODITI KORPORA TBK DAN ENTITAS ANAK LAPORAN PERUBAHAN EKUITAS KONSOLIDASIAN 31 DESEMBER 2015 DAN 2014 SERTA 1 JANUARI 2014 (Dinyatakan Dalam Rupiah Penuh, kecuali dinyatakan lain)

PT INDO KOMODITI KORPORA TBK AND ITS SUBSIDIARIES CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY FOR THE YEARS ENDED DECEMBER 31, 2015 AND 2014 AND JANUARY 1, 2014 (Expressed In Full Amount Rupiah, except for otherwise stated) Saldo laba/ Retained earnings

Catatan Notes

Modal ditempatkan dan disetor penuh/ Issued and fully paid

Tambahan modal disetor lainnya/ Additional paid in capital

Belum ditentukan penggunaannya/

Pendapatan komprehensif lainnya/

Jumlah/

Kepentingan non pengendali/

Unappropriated

Other comprehensive

Total

Non 'controlling interest

Jumlah ekuitas/ Total equity

SALES - NET Saldo 1 Januari 2014 Tambahan modal disetor

30.662.963.000

21.887.036.000

(59.715.576.084)

7.704.453.900

-

-

-

-

-

Pendapatan komprehensif lainnya

-

(7.165.577.084)

-

(7.165.577.084)

Balance January 1, 2014

-

7.704.453.900

-

7.704.453.900

Paid in capital

634.836.542

634.836.542

634.836.542

Other comprehensive income

-

-

1.259.476.228

1.259.476.228

Non-controlling interest

strative expenses Kepentingan non pengendali Maklon income Rugi komprehensif periode berjalan Saldo 31 Desember 2014 Tambahan modal disetor

-

-

(2.774.628.841)

(544.459.655)

(3.319.088.496)

7.430.167

(3.311.658.329)

Comprehensive loss for current period

38.367.416.900

21.887.036.000

(62.490.204.925)

90.376.887

(2.145.375.138)

1.266.906.395

(878.468.743)

Balance December 31, 2014

130.000.000.000

-

-

-

130.000.000.000

Kepentingan non pengendali

-

-

-

-

-

Laba komprehensif periode berjalan

-

-

4.926.087.872

801.027.130

5.727.115.002

168.367.416.900

21.887.036.000

(57.564.117.053)

891.404.017

133.581.739.864

-

130.000.000.000

Paid in capital

-

Non-controlling interest

21.632.669

5.748.747.671

Comprehensive income for current period

1.288.539.064

134.870.278.928

Balance December 31, 2015

Current tax

OR THE PERIOD Saldo 31 Desember 2015

2p, 21

ENSIVE INCOME

EHENSIVE LOSS R THE PERIOD

ofit attributable to: the parent entity ntrolling interests

ehensive income attributable to: the parent entity ntrolling interests

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

See accompanying notes to financial statements which are an integrated part of the consolidated financial statements 3

PT INDO KOMODITI KORPORA TBK DAN ENTITAS ANAK LAPORAN ARUS KAS KONSOLIDASIAN KONSOLIDASIAN 31 DESEMBER 2015 DAN 2014 SERTA 1 JANUARI 2014 (Dinyatakan Dalam Rupiah Penuh, kecuali dinyatakan lain)

Balance January 1, 2014 Paid in capital

ARUS KAS DARI AKTIVITAS OPERASI Penerimaan kas dari pelanggan Penerimaan kas dari pendapatan bunga Pembayaran kepada pemasok Pembayaran kas untuk beban operasional Pembayaran kas untuk pajak Pembayaran kas untuk bunga Arus kas bersih digunakan untuk aktivitas operasi ARUS KAS DARI AKTIVITAS INVESTASI Perolehan aset tetap Arus kas bersih digunakan untuk aktivitas investasi

Paid in capital

ARUS KAS DARI AKTIVITAS PENDANAAN Perolehan pihak ketiga Perolehan pihak berelasi Perolehan (Pembayaran) utang bank Arus kas bersih diperoleh dari aktivitas pendanaan Penurunan (kenaikan) bersih kas dan setara kas Laba selisih kurs

PT INDO KOMODITI KORPORA TBK DAN ENTITAS ANAK CONSOLIDATED STATEMENTS OF CASH FLOW FOR THE YEARS ENDED DECEMBER 31, 2015 AND 2014 AND JANUARY 1, 2014 (Expressed In US Dollar, except for otherwise stated)

31 Des/

Catatan/

31 Des/

Des 31, 2015

Notes

Des 31, 2014

385.427.240.460 44.298.591 (361.677.889.139) (29.055.718.152) (1.750.411.212) (28.388.907.245) (35.401.386.697)

126.939.116.338 9.615.976 (121.263.117.334) (9.290.216.370) (518.315.810) (9.451.171.147) (13.574.088.347)

CASH FLOW FROM OPERATING ACTIVITIES Receipts from customers Cash receipts from interest income Payments to suppliers Cash payments for operating expenses Cash payments for taxes Cash payments for interest Net cash flows provided by operating activities

(900.111.447) (900.111.447)

(2.407.911.792) (2.407.911.792)

CASH FLOW FROM INVESTING ACTIVITIES Acquisition of fixed assets Net cash flows used In investing activities

7.167.958.895 (148.339.899) 50.373.900.831 57.393.519.827

CASH FLOW FROM FINANCING ACTIVITIES Payments from third parties Payments from related parties Payment (received) bank loan Net cash flows provided by financing activities

1.040.824.469 20.447.270.102 21.488.094.571 (14.813.403.573) -

41.411.519.688 Net decrease (increase) in cash and cash equivalents 23.278.731 Gain on foreign exchange

nce December 31, 2015 Kas dan Setara Kas Awal tahun

42.253.157.740

Kas dan Setara Kas Akhir Tahun

27.439.754.167

2c, 2e, 5, 31

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

818.359.321

Cash and Cash Equivalents Beginning of the year

42.253.157.740

Cash and Cash Equivalents at End of Year

See accompanying notes to financial statements which are an integrated part of the consolidated financial statements 4