PT BARA JAYA INTERNASIONAL TBK. DAN ENTITAS ANAK/ AND SUBSIDIARIES LAPORAN KEUANGAN KONSOLIDASIAN/ CONSOLIDATED FINANCIAL STATEMENTS 31 DESEMBER 2015, 2014 DAN 1 JANUAR! 2014 31 DECEMBER 2015, 2014 AND 1 JANUARY 2014PT BARA JAVA INTERNASIONAL Tbk, ‘SURAT PERNYATAAN DIREKSUDIRECTORS’ STATEMENT LETTER TENTANGIRELATING TO TANGGUNG JAWAB ATAS LAPORAN KEUANGAN KONSOLIDASIAN PERIODE 31 DESEMBER 2015, 31 DESEMBER 2014 DAN 4 JANUARI 2014 ‘THE RESPONSIBILITY ON THE CONSOLIDATED FINANCIAL STATEMENTS FOR THE PERIOD - ENDED DECEMBER 31, 2015, DECEMBER 31,2014 AND JANUARY 1,2014 PT BARA JAYA INTERNASIONAL,TBK DAN ENTITAS ANAK/ PT BARA JAYA INTERNASIONAL,TBK AND SUBSIDIARIES Kami yang bertanda tangen dibawah ini / We, the undersigned below. 4. NamaiNamo Sihol Siagian, SH ‘Alama kantor/Office Addross + AXA Tower, Kuningan City Lantai 29 Suite 01 JLProf.Dr-Satrio Kav.18,Sefiabudi — Kuningan ‘Jakarta 12940 — indonesia. : JiMadrasah Komp Dep. Agama No.12.A RT.006/003, Gandaria Selatan Cilandek. ‘Alamat sesuai KTP atau kartu identitas lain/Domicile a statod in ID Card Nomor Telepon/Phone Number + 021-30056388 Jabatan’Position Direktur Utama(PIt) / President Director(PIC) 2. NamaiNamo ‘Albert J. Bangun Alamat kantor/Office Address AXA Tower, Kuningan City Lantai 29 Suite 01 esvanosion seus SSRIENSENS GN HEL TYNOISYNEIALNI VA? IVES >aony SVEN va aL WHOISPT BARA JAVA INTERNASIONAL Tok DAWENTITAS ANAK LAPORAN ARUS KAS KONSOLIDASIAN UNTUK TAHUH YANG BERAKHIR PADA TANGGAL, 31 DESEMBER 2015 DAN 2014 [Uuman dsj daar ntuse Ropah, Kec cryatakan iin) PT BARA JAVA INTERNASIONAL TbK ‘AND SUBSIDIARIES CONSOLIDATED STATEMENTS CASH FLOWS FOR THE YEARS ENDED AS OF DECEMBER 34, 2015 AND 2014 (mount expressed in Rupich unless ohornee ested) st December! 31 Desomber! Catatan! December 34,2015 Docember 31, 2014 owes Rp RD |ARUS KAS DARI AKTIVITAS (CASH FLOWS FROM OPERATING ‘OPERAS! activins, Penermaas Kas ca Plarogan ossais.i67 241 069.800, (02ah Receives rom Customers Pemsyetan Kas Kepada Pemasok ‘dan aryawen (40292 120) (942645:778) Cas Paid fo Supers ant Employees Pemayaran Raat ke Pemeritt (eaazony “7011 304), Roya Pa fo Govemmont Penerimaan PendapatenKeversgan ‘35700 28.0 FRecowea bom Fence eam Pemaayaran Bean Kovsngan (4.460020) (7.982.243) Payment for Financial Crores Pemaayatan Babar Kevargan - {6.065 103) Income Tax Pad Pomasjaran Badan Keusrgan (ecr24e2s) ——@EBTDS71) Payment fr Other Operations! Expenses Kas Borin Digunakon) untuk kiss Opera: [ARUS KAS DARI AKTIVITAS INVESTAS! peoi.si2) (950 267.404 {et Gasn (Use in peting Bettie (CASH FLOWS FROM INVESTING “ACTIVITIES Porn Aso Ttap is2.ss2.160) (4370.19 Aeisiton of Fes Asses as Beran Digunaken unk et casn uses n ‘Atv ivesta ssas02ssa) (1.178180 Inosting Actes |ARUS KAS DARI AKTIVTAS CASH FLOWS FROM FINANCING PENDANAAN “ACTIVITIES Penerimsen Utano Bank 199 923.689 Proceeds tom Bone Loans PenetimaanPljsman Pak Beas = 253327303 _Recehing orLaans 0 elated artes Pembayaran Sowa Parbaysen (osssaoss) —tanaza 0) ‘esmantel Fired Lease haste Kas Berth Bipecsich Dart Aktvtas Pendanaon TREAT THERE rer cosn Proves By Financing Acinies IKENAIKAN/(PENURUNAN) BERSIH NETINCREASE / (DECREASE) KAS DAN SETARA KAS. (ese4sey ——_(26.865:850) IN CASHAND CASH EQUIVALENTS, EFFECTS OF FOREIGN EXCHANGE RATE DDANPAK PERUBANAN KURS CHANGES ON CASH AND TTERHADAP KAS DAN SETARA KAS. (00230) (CASH EQUIVALENTS KAS DAN SETARA KAS. CASH AND CASH EQUIVALENTS ‘ANAL TAHUN 405917 go4seaa1 ATTHEGEINNING OF THE YEAR ‘CASH AND casH EQUIVALENTS KAS DAN SETARA KAS AKHIR TAHUN aaasHiT [AT THEENO OF THe YEAR Kas dan Sotara Kas tor dar ‘ ‘ast and Cash Equivalents consist of kes 23378 ore ‘cast Bank 323105 2314 28 Cashin Banus Tots 36.487 S687 Toa Uta cotston as lapcan kevangan yang monypakan bagi yang tak Torpsahkan de lgpcan Kevanga eocarakesoiran ‘See in accompanying notes the tance Statens whi ae ‘59 ogra parte nancial latent ton oe @ wiePT BARA JAVAINTERNASIONAL, Tbk. DAN ENTITAS ANAK. CCATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN LUNTUK TAHUN YANG BERAKHIR 31 DESEMBER 2016 DAN 51 DESEMBER 2014 (@ejan darn Rlovon Rian kon iystekan an) PT BARA JAYA INTERNASIONAL, Tbk AND SUBSIDIARIES NOTES TO CONSOLIDATED FWWANCIAL STATEMENTS FOR THE YEARS ENDED DECEMBER 31,2016 AND DECEMBER 31, 2014 (Expresso io Tousen Fupsh, eniessoterwsestatod) 4. UMN 12. Poncitan den fformasi Umum PT Bara Joya Intrnasional Tok (ah PT ATPK Resowces, TOA) Lidice tangy 12 danusr 1928 beraosarcanaktanolasa No. 27 ‘leh Unda Hetewatl SH. yang Kemutian Judah dargan kia otis No. 11 tenga 4 Jil 1998. Akin pendien paris flan sana ola orton Kchakiman Rope indaesia cengan Surat Keputsan No.C2-122HT01 01 Tne ‘angge! @ Januar 1088 ‘Anggaran Dasar Perusahaan i! kemudian Guneh sesusl dengen ‘aka notes No.3 tanggal 24 Segtember 2001 oleh Nurses Tutipcly S# mengenal perahan stats dan perusahzan tenutup ‘anal pouschaan trbu, poringkatn moda! dasa, dan mada ddasar dempatkan dan cdl Porusstaan, perubanan matcud ‘anton Serta porubakan lena. Perubanan in eh mendanat pengesahan Montes Kehakinan dan Hak Asas Mansi Repu Indoneesa pode anggal 26 Januar 2002 dergan nomor Keputsen (G-165 HT 01 04.19 2002 Anggaten dassr Perusshaan mengalart pensbahan badasarkan ‘ite notais No, 20 dan 24 tanga 7 Juni 2008 oleh Nordea “Tulupoy SH. tonlang perubanan nama Penisanasn a4 PT Anugrah Tambak Perkasindo Tok menjadi PT ATPK Resouces. “Tok dan susunan pemegang saan sea powvoahan domi da) Meésn xe Jakarta. dan pengemtangan ‘ogitan useha pada isang petamangan, ener can pembanght lt Peas {olan mandaps pongeaahan Menten Kehakinan dan Nek Asa ‘Manusia Repubtk Indonesia: pad tanggal %4 ll 2006 dongan omer Keputsn C-2009% HT.01.04Th 208, ‘Anggoron casar Perusanoan mengalamperubehan, berdasskan alta sleh Rapat Unum Pemegang Sahm Lua Bia larggal 22 Nopember 2073, sasval dengan axta roars No. 3S tanggal 6 Desember 2013, yang cinyatatan kombat dalam okia No.2 ‘anggal 18 Desembor 2013.dan atta NO tanggal 1 Nei 2014, PPerubanan it el remgeroich pangesanan dat Menton Hukur dan Hok Asa Manisa Republi Indonesia NOAHU 17240 AK 08-02 tahun 29% tango 17 Jl 2014, dane Keauarya auat anacagan Masen Haim SH.MKM, notre Jake, Akl erst mengera: 1. Pesseujuan atas peningkotan model daser an mod tempatkan dan selec penuh Poxusahaan sebagai Dork 9) Pessotyean Penawaran Umum Tertslas 8 'PUT By ‘dongsn manafiian Hak Memasan Elk Tet Dats 1) Modal dasar Perusahaan besunian Rp2638.000- yang tei tas seham Sei A salami 631204669 Sahar {Golam oi penuh), dongan nia. nominal p02 ge: saham atau. jumish nomial salvuhnyasebotay Rpiss2e0954 Jan saham Seri 8 seman ‘Rp24.s97 580.692 sham (Glam nila) penuh) deegant nisi nominal Rp0.t por saham atau jumiah noma! ‘Seluunnja sebosar Rp 469 750.085. Modal dasa: atempatkan dan dsoter peru berurah {5760248 4:4 saham calm ill pont) alu slvunny sobesar 9680-14508 yang tr alas tartan Set! A Seiumss ast 204659 saa (alam nla: penuh). dengan ‘iat nemint RPO? per slim tay pari nomnal Sotuunaja Rp Gs 2401034 dan eaham Sei @ seman ‘920.040 748 saham (Gaiam iar ern) dengan mal ‘minal Rpt por saham acu jumiah nomin! Seay FRpto2.soacra 10. 1. GENERAL, 8. Establishment nd General nfrmatin PF Bora Jaye tntomasonal Tok lonnaty named PT ATER Resources. To) was esiblisted on danuoty 12, 1005 bated an otary deed No. 27 of Linda Hevea SH, and roplaced by netery dees No.1 dated July 1988. Those notary deeds Were {pproved by Wins of Justice ofthe Repub o Indonesia. on ‘is dosion fater Ne, C2-128HT 01 Tr 89 dod Janvary 8, 1962. Such Comoary's ate of association has changed. by olay ded No. 63 doled September 24, 2007 of Nurdoha Tutipaly SH, conoening changes of stots fom & prvato ‘company fo a pic company nereasing of authorized capital ‘ssuod and lly pais capa and changes W company’s Goa! ‘nd objectives, ee. The changes was approved by Mn of Law and Human Rights of the Republic of Indonesian fs ection Later Wo. C-165 47.01.04 Th, 2002 dated January 25,2002 ‘The Company's aybete oF association has changed by notary loads No 20 ant 21 of Murdln Totaly SH. cated Jane 7 2005. cenceming changes of the Canary’ no fom PT Aavaran Tambok Pensind> Tos © PT ATP Resources Tok the compostion of sharers, movement of heed ofice ‘rom Medan fo Jakarta, ard the expansion of he Companys Inasness t0 mong, enemy. and power pans. The changes was approved by Misty of Law and Huan Rigs othe Repudto of Indonosis en Hie Deoon “eter NO. C- 20831 HT-04.04 Th 2008 died July 14.2008 The Companys ates of aseocaton have been amended several tines, mes eve by Exteorénay General Meotng ff Sharonaters dated Mewomber 2. 2013, sted in roary food No. 29 ted December 6.2013. when cenaredf9 notary aed No, 42 dated Decomeor 18, 2013.06 deed No 19 datod May 18, 2014, theso changos have Boon approved by the Minister of Law and Human Rights of ne Repuntc of nconesia MoAHU,17240AN10102 of 2016, dated sy 17, 2044 by ssan aim S1,Mkn, nolan i iokerta’ The ded 1 ‘conceming: 1. Apprval for increase ofthe Companys Issued ert futy std capt os teas: 8) Approval oF Lined Puc Otesiey CPUT IP) by {Seung Proompbve Rights ) Autrorsed cepa sock ofthe Company is amounted to 'p2.69, 000 uncn consist ef savas ~ Sans A tetatng 231,204,669 shares (in fa aroun) wit» roma vabe Rpt? per share or ttl nomial f p16 240994 ond shares ~ Sones 8 folating 24697500652 shares (nat amount wih nominal vat of FDO. per sre toto! nomial oF? 469,788.066, ‘Shares isd ane fly paid amount o 5,780,248 414 ‘shares (@ lal amount) 2 fial_nomnal of FRpes9,145008 hich conse of shares "Sores A felting 834,204,560. shares. (in fll amount wit nominal vate of Ro0.2 per shite oF tt! nominal of p66 240,904 and shaves Seies Bloating 929,040,745 shaves (fil mount wih nominal ake 21 R01 por sare oF ea oral of Ppt 904.074PT BARA JAYA INTERNASIONAL, Tbk: DAN ENTITAS ANAK ‘CATATAN ATAS LAPORAN KEUANGAN KONSOLIOASIAN LUNTUK TAHUN YANG BERAKHIR 34 DESEMBER 2016 DAN 51 DESEMBER 2014 (©izsjkan deta Ribuan Rupiah, kes dnytakan ln) PT BARA JAYA INTERNASIONAL, Tok. AND SUBSIDIARIES NOTES 70 CONSOLIDATED FINANCIAL STATEMENTS ‘FOR THE YEARS ENDED DECEMBER 31, 015 AND DECEMBER 34,204 (pressed ny Thousand Rio, untes ohersse stated) ‘UMUR(Laniatany Pendiian dan informast Umum anjten) ©) Pessetyjuan ata pemyetsan sanam secre langsurg leh Petuschasn pada PT Mega Als Sealers (rita anak) sebesar 4428881 lombor sanam (alam lal para) Sena Rpi 107252 750 ant hjvan vansakspemeatan alata beat dan porbeian kerpensas_ eas na Struturtamtang batvosra yang dims PY Pace Prin Coat (PPC) dr, ©) Persetuvan alas tancaksl material dan afi antare PF Nega Alm Sejahtera dengan PT Pact Pra Coal fahubangan dengan rencans pamelon alt alt beat fan pemaian kompensas! alos ta siskur ambang atoara. 2 Persctyuer alas ops! kepada anggota Dewan Dieksl dan Dewan Kemisats sera kanawar Perusahaan snk mombel sebapion da ssa saham PUT Hf sebanyak -banyaknya 2.5% ari janis sahar yang dkeharkan, seandanya dak lami ‘ih pombet aga, ‘Anggaran dor poweshaan mengaiom peru teraktir dengan akta Besta Acara Rapat Umum ua Baa Sango Jara 2075 No, yang cheakan Kenta dalam ake NOB tanggsl 22 Jun 2015 dan adla Nov tanggel 29 dow 2010, comonnye Oust ‘nadepan “Hasan. Halim SHAMIKa, notais at dsiara Usa Perubatan tersebutfelth mampeoiah pengessha dari Men Hutum an Hak Ases! Manusla, Republik hsonesia NOAH: ‘0387946 AHO 02. Tanun 2076 tang 24 Jun 2018 dan tah ‘lena dan delat dilam dsaoace sistem amisias! Basan Huturn Kementofon Hokum dan Hak Asas) Manus. Republic Ineonesia, ‘Sebagaimana pembortanvanparubahan dat Peseroantetanggs! 2 Juni 2015 NoAMU.AH 01 08-0848085 dan tanggat 12 sul 2015, NoAVU:AH.0109-0080725 Ala tesebut mengena peeetguan otubehan anggaran data Pereroan 8) Perubahan nama Persercon (Pata 1 ayt 1), yong somula bemama PT. ATPK Rosourons Tee Marit PT Bare Jaya iesresional Tok. 1) Perutohan teat Rapat mam Pemegerg Ssnam (Pass! 11, Pasal 12, Pasal 13 Peso! ta, Perggunoan Lat don Pembapin Deviden (Pasa 22) Parstran part peat 23), untuk isesuatkan dengan peraturan Ofotas asa Kevongon NodUPOIKDM/20"4 tangge! & ‘Deseret 2014 terfang Rencans den Penjelengsraan Rapat Umum Pemogang Seam Pexsansan Terbuks 14) Monegaskan dan mengesahkan ii kopunson Raget ‘Umm Pemgang Sanam Perseroan tanga 6 Dasember 2013 tentang perubanananggaran dear persercan. as tanga! 28 Maret 2002, Perusahaan mamoxoen pemystaay ek ca Kelua Bacan Pemawas Pasar Moca dan Lemoaga euangan (Bapepar-LK) dengan surarnya No. S-S00"PM2002 tunikmotkukan pengwaranumum saham pecdana aise 438480000 fembar_sanam (Gaiam ia) penuh) Perusahaan kepada masyerekat Pads. langgal 17. Apii 2002, soho Potusahaan fh deatationpade Bursa Elk ores Pode tanggel $1 Desember 2016 don 2013, seth sehr Perusahaan atau masing.masing sjumish 5760235 414 fombar ‘salar (alam nl peru wea ccatat pada rsa Erek Indonesia ‘Sesua' dengon pasal 9 enggoren dasarParussoan, aang agi ogitan Persahan adel bergersk cst uesha petamsrgan, rmwyak an gas bum, ivrastutur Yameara. perdagengan van) bartatan dengan poduk tambon, dan java perdopangan cba red tanbang, Wansporat! bang partambagan, prkebunan fan tenwtanan. Perusahaan berkaierpusat i AXA Tower Lanta 29, gute OF Prof De Sato Kay 12, Kuningan Cy Jakes 12040, a 1. GENERAL (Continued) 2 Establishment and General nformation (continued) 12) Apna of dec investant in shares by the Comp, In PT Mega Atom Senter (ouDstion) ‘ong 4428,991 shores (aa) amount) equivalent te ‘Rpt.407, 292.750 for purchasing of heavy equipments ‘2nd compensstng of ita stuctre of con mining which ‘mes by PT Pectie Pao Coal (PPC) and a ‘Approvsl of stone! and aitate weassctons between [ET ego Alm Sojattera and PT Pace Pra Coe) fr furcnasing of heavy equiaments and comensetnng lita scr of oa! ming 2. Approval of the option of Board of Directors and Commissioners. and employees of the Company to uohase 2 porten ofthe remaining shares from PUT I ‘maxamum 2.9% af eft mumber of shares sSU60 1 {akon by fe stanky bayer Artes of sssociaten amended most recenty ty Deed of Moutes of Exraardinary Genera! Meeting datos January 4, 20150, T. which iso be slated i the ded back No.1 dated Sune 22 2018 and Na 49 dood dted Lune 28 2916, ato them Inade before Hasso Hslin SH Ae, notary an Mert Skat ‘he changes nave een proved Dy the Mester of Law ane Hunan Regits of the Ropuble of Indonesi Wo AP 0297046AH.01 02.2018 doled Juno 24, 2095 ond has boon ‘accepted and reconsed in the aalabase of Lage! Entiy Aamiisation System oo sinisty of Justee ana Human Fights of he Repuste of adores. As the data changes in he Companys ntce dated June 24 2015 NOAMU.ANOEC8DN45083 and dated July 32. 2015 NoAMULaNo103-0980725 Ths anendment | regardig ‘preva of bulacan wth daa of ho Company. 2) Changes of ame of the Conary (Ate 1, paragraph 3), whch wes ongialy named PT. ATP Resources Toko PT. Bara Jaya Iemasional To 0) Changes reiated tthe Goneral_ Meeting of ‘Sharhelsers (Atl 14, Arie 12 Ait 19 fle 14) ‘Income Used and Dsriotion of irs farce 2). Fepulatons cover (Arete 20, f0 bo adates oy the ‘ingncal Soraces Autorty regulon No 2 POLK 0 12014 dates Decorbor 8 2014 onthe Plsinng and Innionerston of to General Meeting of Sharshcteers ‘ot Pubic ornoane ©) Cantim and vatdte the eonlnts of Genera Meet of Shareliers doled December 8, 2019 concemng ‘changes inte aces of association othe company. (On Merch 28, 2002, the Company obinad the etfocive tor ftom the Ghaiaman of fhe Captal Market” and Fanci! Insttution Supervisory Agency (Bapepanr.X) rough is etter No. S-eonpw2002 m rcaton to ie pube orn of 135.450 000 shares in fa sewn). On Api 17, 2002 te Company's. stares wore lsd cn tne Ineenesse Stock Exohenae 1 December 31, 2044 and 2013 and all of the Company's 5.760246,414 ouslanaing shares fn ib moun) have been {ted an the ndanosa Stock Exchange. Based onthe arte 3 ofthe Company's ate of associat, tho scope of sts of te Company's engaged i the mining. fi! and gas. mining mifasructore, trade rete 10 Ting ‘roduc arlSonices tade in mining proses. anspetton fn tho et of meng, planation a fares. The Company's head efice at AXA Tower 28 Ror, sue OF Jt Prot Sao Kev 18, Kuningan City Sokata 12940[PT BARA JAVA INTERNASIONAL, Thi. DAN ENTITAS ANAK. ‘CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN LUNTUK TAHUN YANG BERAKHIR 31 DESENBER 2016 DAN 5 DESEMBER 2014 (ieajkan alam buon Rupian, kecul ytakan ii) PT DARA JAYA INTERNASIONAL, Tok, AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEARS ENDED DECEMBER 91, 2018 AND DECEMBER 31,2004 (Expresso in Tousend Rupe nlessothrwisa sated) 4. UMUME Laniutan) | Pondiian dan iformasi Umum (anism) a Enitas hue toro dato Kelorpok usahe Grup adalah PT Paste ims Cos! 1. GENERAL (Continued) Establishment and General Information (continued) The plbal utinate parent of te Grow is PT Pacikc Pina os! Dewan Komisaris, ewan Dicks, Komite Aust 1}. Bosrd of Commissioners, Board of Directors, Aut ‘Susunan panguus Perusahaan pada tanggal 21 Dasember 2015 The Company's management at Decontber 51, 2015 consisted ‘adalah sebaga erik ofthe fotouing: Dowan Komisans Board of Commissioners Koma Utara ve ‘Presioent Cmmisscner Komesrs Henry Titiora President Commissicner omisars nsegendn Aucka Sanya Pormana Indeponsont Cenmissener Direkst Directors Beste tome Reymond A. Bernards Presison Deter Deeitur ‘Abort J Bangun Dirt Deeks agus TH Dana Saleh W Director Dea Sl Sigian Director Dette ‘Yanto Dicer ‘Komite Audit Aude Committee Keus aka Saya Pena ‘Chatman Anggota Besa Siabutar, SH ‘Member Angola Umi Nazoaasn SEA ember ‘Susunan pengutes Ponseansan pada tanggal 81 Dasember 2014 ‘adalah sobogal Berkut ewan Komisarie Komen Uta aval komears Huson Tiajena omar ndependen Anwar Padang Direks Drei Utama Reymond A. Bernareus Drekur ‘aber J angus Drettr Chanca an Deer Sia Sagan Deer "Yen. omite Audit Keus Ie Anus Putbadang Anant Besa Saute, SHA Angola ‘iv Um Neco, SEAK Kepala Aust iteral can Sekelars Pevsanaan pads 31 Deserber 2015 dan 2074 adsish Yana Mego dan Aadieas Andy Sentose, Pada tanggel 91 Desornber 2015 den 31 Deserber 2014 Petusehaan mampuryal karyawan leap masing. asin soja 1024 dan 1065 (ak si Perusahaan mamiihisaham balk gaara langsung maupun tk lengsung pada anskanak porusanaan”cengan ‘cien 20390) The Company's management at Decomber 31, 2014 conse te ong Board of Commissioners ‘Preston! Commissioner Present Conmissoner Indapendnt Commissioner directors Preeient actor Director Dirsetr Disetor Director ‘Aude Committee Chatman ‘amer Monter Head of intemal vat and Corprato Sector a of Decomder 51,2016 and 2074 are Yana Wego and Anareas Rody Sanesa. ‘As at Decomber, 36 2018 and December 31,2014, the Company tad 2 tal of 1028 ans 1065 permsnant employee (unaees The Company has ownership dicey and inavocty shares the toloning subsanes beat “Aah Asot Seelam Eiminasi 7 ‘Arak Perusahaan Kegistan Usaha Perscomaser ——Lokasi/ “Subscanoe Business Atty Percentage Locabon Toll Assos Boor Emmet 2018 2014 Ein sak mall Renemliran lanes [DCA owned suDSTOATCS PY Bara Joya Sumbsr — KAnjak dan Ges Bui? Energi" vans Gat 0.00% Jakarta 152956 18385 PT Bata Jaya Pembangkt Tenaga lst Iowestuktur neg," Power Plant 9.00% Jakarta a8776 ses776 PT. Model lnvestasi Petambangan Btubasa/ Coat Moeral® Minis 29.00% karts 104 356 199516 PT Mega Alm Peiambengan stubs / Coat Bera, Sejeters” ining 0.90% eit 796.197:7004705.205,74PT BARA JAYA INTERNASIONAL, Th. DAN ENTITAS ANAK CCATATAN ATAS LAPORAN KEUANGAN KONSOLIOASIAN, UNTUK TAHUN YANG BERAKHIR 31 DESEMBER 2015 DAN [SY DESEMBER 2014 (Ossajtan data Rowan Rupsh hous nyalakan sin) PT BARA JAVA INTERNASIONAL, Tbk. AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEARS ENDED DECEMBER 31, 2015 AND DECEMBER 34,2014 (xpressesin Tousen Rupa, unless othoive state) 1. UMUM (Lanjotan) Enttae Anak (Lanutan) ‘Entisg anak mola! kepemitaan dak onasun PTMAGeoserviees Jas Eksplral Exploration Tecteoboy Senos PT Saran Manait —Pecanbangen Ratbera! Coal tama sang TAME Niece Matin Peramangan Nike / Nicks 8 Maing PT Waheea Bum Penameangan REY Neko! mas" Maing PT Otoma Giebl Miva Jase EXsplos/Exnbvation ° Sennces 2) Ente anak subsides © merapekan arak perusa 20.00% 70.90% ro.00% ro2e% 2.00% 1. GENERAL (Continued) 6 Subsldiaves (Continued) nec owned eubsidinies Jotone 401 a Tavotan atin 1.800 +60 Amana, Suterg 52.302 202 ‘Ampans, ‘Suteng ase asc Joker oss 5.038 n at PY Moda Insta’ Minera / are subsiin of PY Mol nesta! Knora “! merusakan anak penistzan da PY Bara lye Sumber Enero! ae subsidy of PT Bara Jaya Sumber Energi PT Bare Joya Sumber Energi (OSE) PT Roca Jaya Sumbor Eno (BJSE) data dsebut PT ATPK: Energy Resouces (ATER), rai aga tnggal 6 Jul 2008, bberoxcoran akta pondiien Perseroan Terblne No.2 Sif nota Fatvan Holm SH, notale & Jakarta, Aida. tercabut taah iendepatan pengesshan car Merten Hukum dan Hae Ass Manuela Repub Fdenasia, No. W-00442 HT. 0% 01.11 2000, tanpgal 12 Soptombor 2008. Avegaron catat PT BJSE teem mengalem: teberapa kat peripahan. bordaeatkan akte No 10 tengal 2 Desember 2012, yang di buat olen Hasan Hatin SH:M.Ka, notated Jakarta Utara, mengena perseluian ju bell sahsm dan porubahan susenan Dewan Ovekst dan Komiate PT ATER. Alta tarsebul an mendapal potsetiuan Gar Ment Hutu can Hak Ases| Manus Rept Indonesia NOt ‘AMON 1000737 tanggal 14 Janse 2079, trate ddan dangan ‘Akla NoB tanggal_22 Jur 2018, eibust olen Hasan. Haim SHMKn, rol & daria Utara, menganei peruvehan rane dan verpsi Kedudukan, tian mendapst perstyuan da Mento Hokum dan Hak’ Asasl Manus” Republik Indonesia No/AHU 0930880.AH 0102, Tahun 2096 Tanggal 39. 2015, FRuang Enghup keplatn PT ASE trtars bergarek dam bideng penambangenmyak dan gas. PT SSE saan beam malakakan ogiateneperesi accra homers PT RUSE berhanior pus di AKA Tower L128, Kuningan Ci, 4st Prof Dr Sai Kav 18 Jka 12040, PT Bar ya eastuktur Energi (BNE) Bars daye ineastuktur Eno (IE) eahuly acbut PT ATPK. Power Resources (ATPR). bats pada terggal 8 Jui 2008 berdasatin alta pendvian Peseroan Teroatae Ho, 4 olen notes Feathiah Haim, SH Akg freob telah mendapalkon pergssahon ‘arenes Kaka dan Hak Ass anuaie Republika Giengan SK He. W/-O084T HT-O;.CI-TH.2008.teranapel 12 Soptombor 2008. Anggaran desar PT UIE tls manga boborapa ka penibanan, orwasackan aa No. & tangaal 3 Desember 2012, 3 Pr Bara Jays Sumber Enorg(8JSE) PT Bare Joye Sumber Enea! (SUSE) fomory cated PT [ATPK Energy Resouces (RTER), was ectaolohed en ly 6, 2006 basa an notary deca No.3, of Fan Hoh, SH. olay in dekate. The rotary deed has boen approved by the Winsiy of sustee and Homan Rights Reputic of Indonesia No. W¥7-00862 HF 05.01 TH 2008 en Seplembar 12, 2008. The arices of assooiatons of PT BISE Nave b00n mond sovera ines, mast recent Based on rary toed Mo. 10 dated Dacemer 3, 2012, mado by Malin Hasan S.,¢K0, potay 8 North Jara regards 1 spqrovs ef sale and purchase of share and chenging of te Eompostion ef PT -ATERS Bootd of Doctors and Commissioners. Te actary dood fas Been aperoved fo the Iiry of Law and Human Fights of te Reps of Indonesia Na. AHULANOT 16.00 727 cated Jomuary th 2013mos! recently sod on notary ded No.8 dated say 22,2018, made oy Hasan Halo SH, MK, notary in Nord Jakarta. The change of name end donvste, hae rcsired “approval kor ho Mnitor of Jostion and Himan Rigs of th Repu of nsonesa Ne AH 0839860 AN 01.02 2015 On Jui 90,2018 he scope of softs of PT BUSE are mining od and gas PTBISE i su ret stare us commercial operations PY BISE domictea in AXA Tower 29 foo. Kuningon Gy. {Prot Br Sato Kav 10 Saker 12980 PT Bara Jaya hirastroktur Energi (Be) Pr Bara Jaya inestuktr Energ (IE) fount cates PT ATPK Rowor Resources (ATPR), wa6 otabiehed on ily 6, 2006 based on notary dee No of Fatah He, 1314 The notary deed fas bean spnroved by HN Of aw an Human Right oft Repubte of indonesia nk Decision attr No. W/-20s61H Of O1-TH12006 doted Septobes 12, 2008. The ancl of associavons of PT [BIE have boen amond soveal tines, mos ecenly based ‘on notary deed No fdsted December 2 2012PT BARA JAVA INTERNASIONAL, Tok, DAN ENTITAS ANAK ‘CATATAN ATAS LAPORAN KEUANGAN KONOLIDASIAN LUNTUK TAMUN YANG BERAKHIg 91 DESEMBER 2045 DAN SH DESEMRER 2044 (akan dalam Ribuan Rupah, kecul daytekan li) PT BARA JAYAINTERNASIONAL, Tok, AND SUBSIDIARIES [NOTES TO CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEARS ENDED DECEMBER 31, 2015 AND DECEMBER 31,2014 (Expressed in Thousand Fupiah, uniossoternse statag) ‘UME (Lanjatan) PT Bara Jaya Inrastruktur Energi (8.06) ‘Yang eat olen Hasan Halim SH, MAK. sola Jer Utara, ‘engenai peel jual bel saham dan perubaan susunan Dewan Diels! dan Komisaris PY GUE. Aka tersoou leh ‘endopat persotyjan dar Morir Hukam on Hk Asao ania Republik indonesa No AHU-AH G1 {001287 fanggo! 21 Janae 2019, trai dabah dengan ska No? tanga 27 Jl 2018 yaa ovat oleh Hasan Halim SH,AMKn.nolars di Jekana Utara, mengenai perubahan nama éan tempat kedudukan dan tach rmendspal persetya dav Menteri Huxam dan Hak Asai Manus Repu insorosia NoAMU-OG39760AM.0% 02 Tahun 2015, ‘angpal 28 Ju 2016, ‘Ruang tnghup Keyaian PT BA frkema tergerak darn bis Inrasturtr dan pombang tenage hate PY BIKE saat bela Imelaokan kegiatan opel komersat PT BUIE vemantor pusat di AXA Tomer L129, Kuningan Cty Peat Soi Ka 18 varia 12040, PT Ada tavostai Mineral (tH) PT Modal vostas eral (MN) rican berdasaran ata No.3 ‘lgh Notris Chandra Lim, S14, tengoal 24 Janis 2000, Akt lersobut daohkan sloh Menten Hukure oon Hak Acoss Mania RRepubik indonesia dengan swat “keputusan No. C.05455, HY O101.742006 tangga! 24 Febru 2008. Arggoran dasa PT [Man flan manga beborapa Kell perubahan, tekhir bordasakan atta rotars No. § dan 6 langgal 3 Dosember 2012 ‘lah tans Hasan Haim SH,MKn. mengenalpelaksanaan ombelan saham sesuai dengan Hak Memesan Efek Teed Bahu: MED) ats ponamaran perjsin saham da pemegang ‘shar minortas dalam PT Hit sejumian 690 sanam (Gal ia penuh) (Penna Rp1.000 per ema! sahae) soning keperan Shem Pauschaan PT MM teroah dar 66.77% (20000, ‘shar) (621m nia pen) menial 99% (86.690 Sahar (lam il pea) ‘Ata tecebt sas talah clea leh Hater Hokum dan Hse ‘Asss) Manusia Repubik Indonesia No. AHU-AH 1 10.00747 tanggl 14 danuari2013, Rang ingkup togatan PT MIM tiara borarck dalam bong perarbanganbarbaga jr Behan gals sera menaientan gas Gi idang perdacengen, tus! can ae anny, PT MIM saat bolum matte Keston operaciones [PY Nil merusakan induk dari Ents anak yang berger dalam Jasa okspiorsi dan petsmbangen tat Dae dan barkeauaskan o [AKA Tower Lani 29, Kuningan Cay, Jt Prof Or Sno Kav. 18 ‘axara 12040) PY Bega Alam Sejtera (MAS) PT Noga Alam Senior (MAS) dian Becasarkan abla ctr Nb. Saleh rotrs nge Rubia Warahana, S14, tangpa 27 Feors 2008. Aula terseut teh aan oh Ante Kehakian Republik Indonesia dalam Surat Kepuusan No. C6732 HTOL01,TH2003 fangga! 17 J 2002 Anggarsa daser PY AAS: {eian mengalam: bebareoa kal: penoanan. teak bentasarkan ‘kta nota No. 43 fangual 15 Deserber 2019 yar th at oh fadapan notars Hasan Hain SIU t4Kn, an dasarksn pods ‘Rapat Umum Pemegang Sanam Lar Biasa PT MAS. 1. GENERAL (Coming) Pr Bara Jaya inrestruktur Ener (BE) Mado by Halim Hazan S.H.4 Ki, tery in Neth Jokers, In regards o approval of so and purchase of share and Changing ofthe cempasiton of P BLES BoarsoF Dreciors land Commissioners. The notary deed bas boon approved fo ‘ha Misty of Law ant Human Righte ofthe Repue of Indonesia No. AHU-ANOI-10-09 287. dated Januory 2013 seconty based on notary deed No.7 ded Juy 27 2018 made by Haean Hsin SH. ktKn, rotary in Moth Jakarta concemng te change of name and donee and wos apereved Oy Ue Miser OF ustioe ars Human Pits OF te Republic of Insonesiy No.AHU:0030760 AHLO1 02 2015; dated uy 28, 2078. The scope of aculies of PT BUIE are inastuctre ond power plan PT JIE i ett not sated fs corms) Dperatons PF BIE domveod in AXA Tower 29 foot, Kuningan Cy, ‘Prot Gr Soto Kav 19 ker 12940 Pr Modol nvestai Mineral (nt) PY Modal invostsi Moral (NI) was establshod by notary deed No. 3 by notary Chandr@ Lun, SH. dated asiny 24, 2008. The rotny deed has bean approved by Uitry of Law anc Hurman Right of tho Repubic of Innes in fs Geoison Later No. C-05485 HTOfOn.TH12000 February 24, 2000. Ades of ‘associations f PT fit have been ome sever! bes, Inost recent based on notmy dds No. 5 and 6 ested Decerber 3, 2012 by notary Hasan Halen SH fa Ko regarding to execution of preemptive nights fom fering ‘ares whieh ened by monty eharhotsore in PT MMe lotaing 640 shares (a fal aroun) (uth nominal vabie of -Rp1,000 par shave) or 223% ron falcata tack of PT Mint Trertor.tre ownarship. of the Company PT i was changing fo 95.77% (30,000 shares) (0 il aru fo 99% 20.69 Shaves) (hub amount ‘Such notary deed as be0n approved by the Minisry of Lust and Human Rights Republe of indonesia Nb. AH. ‘AKLOL OF 1000767 dated January 14, 2013. Scope of satis of PT MINE compreas ing and fexcracing “natal epests, ‘vadngmator 10. tack Alsrizinn ana onerseraces'P7 a i ne tate he camera operations PT Misa holding company fromthe subir which has ates. In expsraton services. ond coal ming. art Alomieile a AXA Tower 29 oor, Kurtgan Cay, sh Prof Dr ‘Sato Kaw 18, Jakarta 12040 PT Mega Alam Sejantera (MAS) PT Moga Alam Sane (MAS) was estaotshed besos 09 the nolay deed No, t by natayhge Rubies Worchana, SH, dates Fetevary 27,2003, Ths deos was approved Oy arity of Law and Horan Right of RepuaticIngonesa 06 Is Decision eter NoC16732HT 0401 TH2000 dates Siuy 17, 2008. Aries of assccitons of PT MAS have bean aivend severat tes, most receny based on the ogy deed No. 43 gate Deoomyer #62019 by nota Hasan Halim SH ana, whch folaried Exscriany ‘Genel Meeting oF Shasehoters of PT HAS.