Total Liabilities and Equity 1,900, ,000 -

PT. Pasti dan Anak Perusahaan Laporan Keuangan Konsolidasi per 31 Desember 2010 Accounts PT. Pasti PT. Susah Income Statement Sales 900,000 500,000 Dividend Income 54,000 COGS 540,000 300,000 Adjustment & Debit Depreciation Expense 30,000 30,000 Operating Expense 102,000 60,000 Other Operating Expense 12,000 10,000 NCI Share Net Income 270,000 100,000 Retained Earnings, Begin 300,000 200,000 Dividend 100,000 60,000 Retained Earnings, End 470,000 240,000 Balance Sheet Cash 62,000 35,000 Accounts Receivable 82,000 45,000 Inventory 124,000 100,000 Supplies 26,000 20,000 Land 300,000 300,000 Building Net 400,000 200,000 Equipment Net 330,000 200,000 Investment in PT. Susah 576,000 Patent Total Assets 1,900,000 900,000 Accounts Payable 70,000 60,000 Other Liabilities 300,000 200,000 Common Stock 800,000 300,000 PaidIn Capital 260,000 100,000 Retained Earnings 470,000 240,000 NCI Total Liabilities and Equity 1,900,000 900,000

& Elimination Credit Consolidated 1,400,000 54,000 840,000 60,000 162,000 22,000 370,000 500,000 160,000 710,000 97,000 127,000 224,000 46,000 600,000 600,000 530,000 576,000 2,800,000 130,000 500,000 1,100,000 360,000 710,000 2,800,000

PT. Pasti dan Anak Perusahaan Laporan Keuangan Konsolidasi per 31 Desember 2011 Accounts PT. Pasti PT. Susah Income Statement Sales 1,000,000 600,000 Dividend Income 72,000 COGS 600,000 360,000 Adjustment & Debit Depreciation Expense 30,000 30,000 Operating Expense 102,000 80,000 Other Operating Expense 12,000 15,000 NCI Share Net Income 328,000 115,000 Retained Earnings, Begin 470,000 240,000 Dividend 120,000 80,000 Retained Earnings, End 678,000 275,000 Balance Sheet Cash 72,000 50,000 Accounts Receivable 92,000 50,000 Inventory 104,000 120,000 Supplies 26,000 35,000 Land 470,000 300,000 Building Net 400,000 200,000 Equipment Net 330,000 200,000 Investment in PT. Susah 576,000 Patent Total Assets 2,070,000 955,000 Accounts Payable 82,000 60,000 Other Liabilities 250,000 220,000 Common Stock 800,000 300,000 PaidIn Capital 260,000 100,000 Retained Earnings 678,000 275,000 NCI Total Liabilities and Equity 2,070,000 955,000

& Elimination Credit Consolidated 1,600,000 72,000 960,000 60,000 182,000 27,000 443,000 710,000 200,000 953,000 122,000 142,000 224,000 61,000 770,000 600,000 530,000 576,000 3,025,000 142,000 470,000 1,100,000 360,000 953,000 3,025,000

PT. Papan dan Anak Perusahaan Laporan Keuangan Konsolidasi per 31 Desember 2010 Accounts PT. Papan PT. Sani Income Statement Sales 246,000,000 200,000,000 Dividend Income 18,000,000 COGS 164,000,000 120,000,000 Adjustment & Debit Depreciation Expense 18,200,000 9,000,000 Interest Expense 5,900,000 3,000,000 Other Operating Expense 15,900,000 18,000,000 NCI Share Net Income 60,000,000 50,000,000 Retained Earnings, Begin 249,500,000 49,500,000 Dividend 80,000,000 20,000,000 Retained Earnings, End 229,500,000 79,500,000 Balance Sheet Cash 27,650,000 8,700,000 Accounts Receivable 25,000,000 15,000,000 Inventory 36,000,000 48,000,000 Other Current Assets 46,700,000 9,000,000 Land 216,800,000 97,300,000 Building 214,000,000 274,000,000 Acc. Depreciation Building 102,500,000 7,400,000 Equipment 134,400,000 35,900,000 Acc. Depreciation Equipment 25,000,000 13,000,000 Investment in PT. Sani 404,550,000 Patent Total Assets 977,600,000 467,500,000 Accounts Payable 15,000,000 19,100,000 Other Current Liabilities 23,500,000 18,900,000 8% Bonds Payable 309,600,000 Capital Stock 400,000,000 350,000,000 Retained Earnings 229,500,000 79,500,000 NCI Total Liabilities and Equity 977,600,000 467,500,000

& Elimination Credit Consolidated 446,000,000 18,000,000 284,000,000 27,200,000 8,900,000 33,900,000 110,000,000 299,000,000 100,000,000 309,000,000 36,350,000 40,000,000 84,000,000 55,700,000 314,100,000 488,000,000 109,900,000 170,300,000 38,000,000 404,550,000 1,445,100,000 34,100,000 42,400,000 309,600,000 750,000,000 309,000,000 1,445,100,000

PT. Papan membeli 90% kepemilikan PT. Sani dengan harga Rp404.550.000,00 pada awal t Afiliasi PT. Papan dan PT. Sani merupakan integrasi vertikal, di mana PT. Sani menjual semu Selisih biaya investasi PT. Papan atas PT. Sani dialokasikan ke Building (overvalued Rp20.0 Building masih memiliki umur manfaat 10 tahun, sedangkan Patent 5 tahun. PT. Sani menetapkan margin 40% dari harga penjualan. Nilai Inventory akhir yang dimiliki PT. Papan terkait dengan pembelian barang dagang dari P Begitu pula nilai Accounts Payable dari PT. Papan terkait dengan Accounts Receivable milik COST METHOD PT. Papan dan Anak Perus Laporan Keuangan Konso per 31 Desember 201 Accounts PT. Papan PT. Sani Income Statement Sales 436,500,000 300,000,000 Dividend Income 36,000,000 COGS 291,000,000 180,000,000 Depreciation Expense 18,200,000 9,000,000 Interest Expense 5,900,000 3,000,000 Other Operating Expense 15,900,000 28,000,000 NCI Share Net Income 141,500,000 80,000,000 Retained Earnings, Begin 229,500,000 79,500,000 Dividend 100,000,000 40,000,000 Retained Earnings, End 271,000,000 119,500,000 Balance Sheet Cash 57,650,000 18,700,000 Accounts Receivable 45,000,000 24,000,000 Inventory 45,000,000 68,000,000 Other Current Assets 46,700,000 13,300,000 Land 350,000,000 97,300,000 Building 214,000,000 274,000,000 Acc. Depreciation Building 122,500,000 8,700,000 Equipment 263,200,000 35,900,000 Acc. Depreciation Equipment 275,500,000 15,000,000 Investment in PT. Sani 404,550,000 Patent

Total Assets 1,028,100,000 507,500,000 Accounts Payable 24,000,000 19,100,000 Other Current Liabilities 23,500,000 18,900,000 8% Bonds Payable 309,600,000 Capital Stock 400,000,000 350,000,000 Retained Earnings 271,000,000 119,500,000 NCI Total Liabilities and Equity 1,028,100,000 507,500,000

tahun 2010. ua barang dagangnya ke PT. Papan. 000.000,00) dan sisanya ke Patent (masih proporsi 100%). PT. Sani. PT. Sani. sahaan olidasi 11 Adjustment & Elimination Debit Credit Consolidated 736,500,000 36,000,000 471,000,000 27,200,000 8,900,000 43,900,000 221,500,000 309,000,000 140,000,000 390,500,000 76,350,000 69,000,000 113,000,000 60,000,000 447,300,000 488,000,000 131,200,000 299,100,000 290,500,000 404,550,000

1,535,600,000 43,100,000 42,400,000 309,600,000 750,000,000 390,500,000 1,535,600,000

EQUITY METHOD PT. Papan dan Anak Perus Laporan Keuangan Konso per 31 Desember 201 Accounts PT. Papan PT. Sani Income Statement Sales 436,500,000 300,000,000 Income from Investment COGS 291,000,000 180,000,000 Depreciation Expense 18,200,000 9,000,000 Interest Expense 5,900,000 3,000,000 Other Operating Expense 15,900,000 28,000,000 NCI Share Net Income 105,500,000 80,000,000 Retained Earnings, Begin 211,500,000 79,500,000 Dividend 100,000,000 40,000,000 Retained Earnings, End 217,000,000 119,500,000 Balance Sheet Cash 57,650,000 18,700,000 Accounts Receivable 45,000,000 24,000,000 Inventory 45,000,000 68,000,000 Other Current Assets 46,700,000 13,300,000 Land 350,000,000 97,300,000 Building 214,000,000 274,000,000 Acc. Depreciation Building 122,500,000 8,700,000 Equipment 263,200,000 35,900,000 Acc. Depreciation Equipment 275,500,000 15,000,000 Investment in PT. Sani Patent

Total Assets 623,550,000 507,500,000 Accounts Payable 24,000,000 19,100,000 Other Current Liabilities 23,500,000 18,900,000 8% Bonds Payable 309,600,000 Capital Stock 400,000,000 350,000,000 Retained Earnings 217,000,000 119,500,000 NCI Total Liabilities and Equity 974,100,000 507,500,000

sahaan olidasi 11 Adjustment & Elimination Debit Credit Consolidated 736,500,000 471,000,000 27,200,000 8,900,000 43,900,000 185,500,000 291,000,000 140,000,000 336,500,000 76,350,000 69,000,000 113,000,000 60,000,000 447,300,000 488,000,000 131,200,000 299,100,000 290,500,000

1,131,050,000 43,100,000 42,400,000 309,600,000 750,000,000 336,500,000 1,481,600,000