Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited (the Stock Exchange ) take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement. (Incorporated in the Cayman Islands with limited liability) (Stock Code: 8061) OVERSEAS REGULATORY ANNOUNCEMENT The following is a translation of an announcement of PT Link Net Tbk (an indirect subsidiary of AcrossAsia Limited ( AcrossAsia ) listed on the Indonesia Stock Exchange in which AcrossAsia has an approximately 18.6% effective interest) published on the Indonesia Stock Exchange. Hong Kong, 26th May, 2016 1
" Letter No. Company s Name Stock Code Subject SB-053/CSL-LN/BEI/IV/16 PT Link Net Tbk. LINK Submission of Unaudited Interim Statements The Company hereby submits the financial statements for the 3 month ended on 31/03/2016 with the overview as follows: Information regarding the Company s subsidiaries as follows: Name Business Activities Location Commercial Year Operation Status Total Assets Unit Currency Percentage (%) PT Lynx Mitra Asia Communication Jakarta 2008 Operating 12.464 Million IDR 65.0 PT First Media Television Subscribed Broadcasting Jakarta 2011 Operating 17.683 Million IDR 99.99 This document is an official document of PT Link Net Tbk. which does not require a signature since it is electronically generated by the electronic reporting system. PT Link Net Tbk. takes full responsibility for the information contained in this document. 2
[1000000] General information Informasi umum 31 March 2016 General information Nama entitas PT Link Net Tbk. Entity name Penjelasan perubahan nama dari akhir periode laporan sebelumnya Explanation of change in name from the end of the preceding reporting period Kode entitas LINK Entity code Nomor identifikasi entitas AA685 Entity identification number Industri utama entitas Umum / General Entity main industry Sektor 9. Trade, Services & Investment Sector Subsektor 95. Advertising, Printing And Media Subsector Informasi pemegang saham pengendali National and Foreign Corporation Controlling shareholder information Jenis entitas Local Company - Indonesia Type of entity Jurisdiction Jenis efek yang dicatatkan Saham / Stock Type of listed securities Jenis papan perdagangan tempat entitas tercatat Utama / Main Type of board on which the entity is listed Apakah merupakan laporan keuangan satu entitas atau suatu kelompok entitas Entitas tunggal / Single entity Whether the financial statements are of an individual entity or a group of entities Periode penyampaian laporan keuangan Kuartal I / First Quarter Period of financial statements submissions Tanggal awal periode berjalan January 01, 2016 Current period start date Tanggal akhir periode berjalan March 31, 2016 Current period end date Tanggal akhir tahun sebelumnya December 31, 2015 Prior year end date Tanggal awal periode sebelumnya January 01, 2015 Prior period start date Tanggal akhir periode sebelumnya March 31, 2015 Prior period end date Mata uang pelaporan Rupiah / IDR Description of presentation currency Kurs konversi pada tanggal pelaporan jika mata uang penyajian selain rupiah Conversion rate at reporting date if presentation currency is other than rupiah Pembulatan yang digunakan dalam penyajian jumlah dalam laporan keuangan Jutaan / In Million Level of rounding used in financial statements Jenis laporan atas laporan keuangan Tidak Diaudit / Unaudit Type of report on financial statements Jenis opini auditor Type of auditor's opinion Hal yang diungkapkan dalam paragraf pendapat untuk penekanan atas suatu Matters disclosed in emphasis-of-matter or other-matter paragraph, if any masalah atau paragraf penjelasan lainnya, jika ada Hasil penugasan review Result of review engagement Tanggal laporan audit atau hasil laporan review Date of auditor's opinion or result of review report Auditor tahun berjalan Current year auditor Nama partner audit tahun berjalan Name of current year audit signing partner Lama tahun penugasan partner yang menandatangani Number of years served as audit signing partner Auditor tahun sebelumnya Prior year auditor Nama partner audit tahun sebelumnya Name of prior year audit signing partner Kepatuhan terhadap pemenuhan peraturan BAPEPAM LK VIII G 11 tentang tanggung jawab direksi atas laporan keuangan Kepatuhan terhadap pemenuhan peraturan BAPEPAM LK VIII A dua Ya / Yes Ya / Yes 3 Whether in compliance with BAPEPAM LK VIII G 11 rules concerning responsibilities of board of directors on financial statements Whether in compliance with BAPEPAM LK VIII A two rules concerning
tentang independensi akuntan yang memberikan jasa audit di pasar modal independence of accountant providing audit services in capital market 4
[1210000] Statement of financial position presented using current and non-current - General Industry Laporan posisi keuangan 31 March 2016 31 December 2015 Statement of financial position Aset Assets Aset lancar Current assets Kas dan setara kas 514,582 325,429 Cash and cash equivalents Piutang usaha Trade receivables Piutang usaha pihak ketiga 197,175 191,961 Trade receivables third parties Piutang usaha pihak berelasi 61,520 50,111 Trade receivables related parties Biaya dibayar dimuka 35,443 37,146 Current prepaid expenses lancar Aset non-keuangan lancar lainnya 256 137 Other current non-financial assets Jumlah aset lancar 808,976 604,784 Total current assets Aset tidak lancar Non-current assets Piutang tidak lancar lainnya Other non-current receivables Piutang tidak lancar lainnya pihak berelasi 1,370 1,341 Other non-current receivables related parties Uang muka tidak lancar Non-current advances Uang muka tidak lancar lainnya 24,144 36,507 Other non-current advances Biaya dibayar dimuka tidak lancar 99,750 102,600 Non-current prepaid expenses Aset pajak tangguhan 40,007 37,404 Deferred tax assets Aset tetap 3,635,229 3,492,811 Property, plant and equipment Goodwill 9,465 9,465 Goodwill Aset takberwujud selain goodwill 56,550 57,337 Intangible assets other than goodwill Aset tidak lancar non-keuangan lainnya 84,302 95,867 Other non-current non-financial assets Jumlah aset tidak lancar 3,950,817 3,833,332 Total non-current assets Jumlah aset 4,759,793 4,438,116 Total assets Liabilitas dan ekuitas Liabilities and equity Liabilitas Liabilities Liabilitas jangka pendek Current liabilities Utang usaha Trade payables Utang usaha pihak ketiga 153,655 167,800 Trade payables third parties Utang usaha pihak berelasi Utang lainnya Utang lainnya pihak ketiga Utang lainnya pihak berelasi Beban akrual jangka pendek 16,965 9,404 Trade payables related parties Other payables 1,430 688 Other payables third parties 2,483 581 Other payables related parties 303,625 287,793 Current accrued expenses Liabilitas imbalan pasca 16,938 22,385 Short-term 5
kerja jangka pendek post-employment benefit obligations Utang pajak 47,044 26,917 Taxes payable Pendapatan diterima dimuka jangka pendek 64,800 62,428 Current unearned revenue Pendapatan ditangguhkan jangka pendek Liabilitas jangka panjang yang jatuh tempo dalam satu tahun Liabilitas jangka panjang yang jatuh tempo dalam satu tahun atas pinjaman beragunan Jumlah liabilitas jangka pendek Liabilitas jangka panjang Liabilitas jangka panjang setelah dikurangi bagian yang jatuh tempo dalam satu tahun Liabilitas jangka panjang atas pinjaman beragunan Pendapatan ditangguhkan jangka panjang Kewajiban imbalan pasca kerja jangka panjang Jumlah liabilitas jangka panjang 2,968 Current deferred revenue Current maturities of long-term liabilities 53,843 69,832 Current maturities of secured loans 663,751 647,828 Total current liabilities Non-current liabilities Long-term liabilities net of current maturities 135,192 31,383 Long-term secured loans 8,658 Non-current deferred revenue 96,916 91,582 Long-term post-employment benefit obligations 240,766 122,965 Total non-current liabilities Jumlah liabilitas 904,517 770,793 Total liabilities Ekuitas Equity Ekuitas yang diatribusikan kepada pemilik entitas induk Equity attributable to equity owners of parent entity Saham biasa 304,265 304,265 Common stocks Tambahan modal 1,431,054 1,431,054 Additional paid-in capital disetor Saldo laba (akumulasi kerugian) Retained earnings (deficit) Saldo laba yang belum ditentukan penggunaannya Jumlah ekuitas yang diatribusikan kepada pemilik entitas induk Kepentingan non-pengendali 2,119,681 1,931,856 Unappropriated retained earnings 3,855,000 3,667,175 Total equity attributable to equity owners of parent entity 276 148 Non-controlling interests Jumlah ekuitas 3,855,276 3,667,323 Total equity Jumlah liabilitas dan ekuitas 4,759,793 4,438,116 Total liabilities and equity 6
[1311000] Statement of profit or loss and other comprehensive income, OCI components presented net of tax, by function - General Industry Laporan laba rugi dan penghasilan komprehensif lain 31 March 2016 31 March 2015 Statement of profit or loss and other comprehensive income Penjualan dan pendapatan usaha 673,797 599,949 Sales and revenue Beban pokok penjualan dan ( 142,929 ) ( 130,502 ) Cost of sales and revenue pendapatan Jumlah laba bruto 530,868 469,447 Total gross profit Beban penjualan ( 40,964 ) ( 41,780 ) Selling expenses Beban umum dan administrasi ( 238,186 ) ( 194,427 ) General and administrative expenses Pendapatan keuangan 2,915 3,491 Finance income Beban keuangan ( 11,602 ) ( 10,610 ) Finance costs Keuntungan (kerugian) selisih kurs mata uang asing 4,580 ( 13,816 ) Gains (losses) on changes in foreign exchange rates Bagian atas laba (rugi) entitas asosiasi yang dicatat dengan ( 14,772 ) Share of profit (loss) of associates accounted for using equity method menggunakan metode ekuitas Keuntungan (kerugian) lainnya 2,013 4 Other gains (losses) Jumlah laba (rugi) sebelum pajak 249,624 197,537 Total profit (loss) before tax penghasilan Pendapatan (beban) pajak ( 61,671 ) ( 52,361 ) Tax benefit (expenses) Jumlah laba (rugi) dari operasi yang dilanjutkan 187,953 145,176 Total profit (loss) from continuing operations Jumlah laba (rugi) 187,953 145,176 Total profit (loss) Pendapatan komprehensif lainnya, setelah pajak Pendapatan komprehensif lainnya yang tidak akan direklasifikasi ke laba rugi, setelah pajak Pendapatan komprehensif lainnya atas pengukuran kembali kewajiban manfaat pasti, setelah pajak Jumlah pendapatan komprehensif lainnya yang tidak akan direklasifikasi ke laba rugi, setelah pajak Jumlah pendapatan komprehensif lainnya, setelah pajak Other comprehensive income, after tax Other comprehensive income that will not be reclassified to profit or loss, after tax 174 Other comprehensive income for remeasurement of defined benefit obligation, after tax 174 Total other comprehensive income that will not be reclassified to profit or loss, after tax 174 Total other comprehensive income, after tax Jumlah laba rugi komprehensif 187,953 145,350 Total comprehensive income Laba (rugi) yang dapat Profit (loss) attributable to diatribusikan Laba (rugi) yang dapat diatribusikan ke entitas induk 187,825 145,061 Profit (loss) attributable to parent entity Laba (rugi) yang dapat diatribusikan ke kepentingan 128 115 Profit (loss) attributable to non-controlling interests non-pengendali Laba rugi komprehensif yang dapat diatribusikan Comprehensive income attributable to Laba rugi komprehensif yang 187,825 145,235 Comprehensive income 7
dapat diatribusikan ke entitas induk Laba rugi komprehensif yang dapat diatribusikan ke kepentingan non-pengendali Laba (rugi) per saham Laba per saham dasar diatribusikan kepada pemilik entitas induk Laba (rugi) per saham dasar dari operasi yang dilanjutkan attributable to parent entity 128 115 Comprehensive income attributable to non-controlling interests Earnings (loss) per share Basic earnings per share attributable to equity owners of the parent entity 62 48 Basic earnings (loss) per share from continuing operations 8
[1410000] Statement of changes in equity - General Industry - Current Year 31 March 2016 Laporan perubahan ekuitas Saham biasa Common stocks Tambahan modal disetor Additional paid-in capital Saldo laba yang belum ditentukan penggunaannya Unappropriated retained earnings Ekuitas yang dapat diatribusikan kepada entitas induk Equity attributable to parent entity Kepentingan non-pengendali Non-controlling interests Ekuitas Equity Statement of changes in equity Posisi ekuitas Equity position Saldo awal periode sebelum penyajian kembali 304,265 1,431,054 1,931,856 3,667,175 148 3,667,323 Balance before restatement at beginning of period Posisi ekuitas, awal periode 304,265 1,431,054 1,931,856 3,667,175 148 3,667,323 Equity position, beginning of the period Laba (rugi) 187,825 187,825 128 187,953 Profit (loss) Posisi ekuitas, akhir periode 304,265 1,431,054 2,119,681 3,855,000 276 3,855,276 Equity position, end of the period 9
[1410000] Statement of changes in equity - General Industry - Prior Year 31 March 2015 Laporan perubahan ekuitas Saham biasa Common stocks Tambahan modal disetor Additional paid-in capital Saldo laba yang belum ditentukan penggunaannya Unappropriated retained earnings Ekuitas yang dapat diatribusikan kepada entitas induk Equity attributable to parent entity Kepentingan non-pengendali Non-controlling interests Ekuitas Equity Statement of changes in equity Posisi ekuitas Equity position Saldo awal periode sebelum penyajian kembali 304,265 1,431,054 1,298,744 3,034,063 1 3,034,064 Balance before restatement at beginning of period Posisi ekuitas, awal periode 304,265 1,431,054 1,298,744 3,034,063 1 3,034,064 Equity position, beginning of the period Laba (rugi) 145,061 145,061 115 145,176 Profit (loss) Pendapatan komprehensif lainnya 174 174 174 Other comprehensive income Posisi ekuitas, akhir periode 304,265 1,431,054 1,443,979 3,179,298 116 3,179,414 Equity position, end of the period 10
[1510000] Statement of cash flows, direct method - General Industry Laporan arus kas 31 March 2016 31 March 2015 Statement of cash flows Arus kas dari aktivitas operasi Cash flows from operating Penerimaan kas dari aktivitas operasi Cash receipts from operating Penerimaan dari pelanggan 670,028 568,380 Receipts from customers Pembayaran kas dari aktivitas operasi Cash payments from operating Pembayaran kepada pemasok atas barang dan jasa Pembayaran gaji dan tunjangan Kas diperoleh dari (digunakan untuk) operasi Penerimaan bunga dari aktivitas operasi Penerimaan pengembalian (pembayaran) pajak penghasilan dari aktivitas operasi Jumlah arus kas bersih yang diperoleh dari (digunakan untuk) aktivitas operasi Arus kas dari aktivitas investasi Pembayaran untuk perolehan aset tetap Pembayaran untuk perolehan aset takberwujud Jumlah arus kas bersih yang diperoleh dari (digunakan untuk) aktivitas investasi Arus kas dari aktivitas pendanaan Penerimaan pinjaman beragunan Pembayaran pinjaman beragunan Pembayaran bunga dari aktivitas pendanaan Jumlah arus kas bersih yang diperoleh dari (digunakan untuk) aktivitas pendanaan Jumlah kenaikan (penurunan) bersih kas dan setara kas Kas dan setara kas arus kas, awal periode Efek perubahan nilai kurs pada kas dan setara kas Kas dan setara kas arus kas, akhir periode ( 155,847 ) ( 192,190 ) Payments to suppliers for goods and services ( 75,835 ) ( 71,380 ) Payments for salaries and allowances 438,346 304,810 Cash generated from (used in) operations 2,915 3,491 Interests received from operating ( 57,942 ) ( 35,319 ) Income taxes refunded (paid) from operating 383,319 272,982 Total net cash flows received from (used in) operating Cash flows from investing ( 269,970 ) ( 207,820 ) Payments for acquisition of property, plant and equipment ( 5,898 ) ( 5,135 ) Payments for acquisition of intangible assets ( 275,868 ) ( 212,955 ) Total net cash flows received from (used in) investing Cash flows from financing 115,316 Proceeds from secured loans ( 24,772 ) ( 22,794 ) Payments of secured loans ( 1,769 ) ( 2,322 ) Interests paid from financing 88,775 ( 25,116 ) Total net cash flows received from (used in) financing 196,226 34,911 Total net increase (decrease) in cash and cash equivalents 325,429 358,658 Cash and cash equivalents cash flows, beginning of the period ( 7,073 ) 3,045 Effect of exchange rate changes on cash and cash equivalents 514,582 396,614 Cash and cash equivalents cash flows, end of the period" 11
This announcement, for which the Directors of AcrossAsia (namely, executive Director: Mr. Vicente Binalhay ANG; and independent non-executive Directors: Mr. Albert Saychuan CHEOK, Dr. Boh Soon LIM, Mr. Thomas Yee Man LAW and Mr. Ganesh Chander Grover) collectively and individually accept full responsibility, includes particulars given in compliance with the Rules Governing the Listing of Securities on the Growth Enterprise Market (the GEM ) of the Stock Exchange for the purpose of giving information with regard to AcrossAsia. The Directors, having made all reasonable enquiries, confirm that to the best of their knowledge and belief the information contained in this announcement is accurate and complete in all material respects and not misleading or deceptive, and there are no other matters the omission of which would make any statement herein or this announcement misleading. This announcement will remain on the Latest Company Announcements page of the GEM website at www.hkgem.com for at least seven days from its date of publication and on AcrossAsia s website at www.across-asia.com. 12