PT Summarecon Agung Tbk | Laporan Tahunan 2010 Annual Report

These consolidated financial statements are originally issued in Indonesian language.
18. ACCRUED EXPENSES (continued)
PT SUMMARECON AGUNG Tbk AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Years Ended December 31, 2010 and 2009
(Expressed in thousands of rupiah, unless otherwise stated)
In 2010 and 2009, GO recognized accruals of infrastructures and social and public facilities for Grand
Orchard Residence. The accruals were computed based on cost per square meter (sqm) to be spent
on the area to be developed as infrastructures, and social and public facilities.
19. TAXATION
a. Prepaid taxes consist of:
44
2010 2009
Final income tax 130,221,640 73,367,503
Claims for income tax refund (Note 19e) 4,891,845 12,604,289
Total prepaid taxes 135,113,485 85,971,792
b. Taxes payable consist of:
2010 2009
Income taxes
Article 21 8,392,547 7,414,757
Article 22 8,708 -
Article 23 8,808,656 1,903,351
Article 25 17,722 5,569
Article 26 245,279 29,156
Article 29 (Note 19e) 1,399,501 3,605,825
Development tax 1,157,392 502,657
Value added tax 8,427,240 14,925,201
Final tax 14,994,953 22,815,775
Total taxes payable 43,451,998 51,202,291
c. A reconciliation between income before income tax, as shown in the consolidated statements of
income, and estimated taxable income of the Company for the years ended December 31, 2010
and 2009 is as follows:
2010 2009
Income before income tax per consolidated
statements of income 343,911,127 242,996,196
Income before income tax of Subsidiaries (323,050,841) (201,863,950)
Reversal of consolidation elimination 60,124,846 8,213,228
80,985,132 49,345,474
Income subject to final tax (80,783,821) (48,306,514)
Income before income tax attributable to the
Company 201,311 1,038,960
Permanent differences
Income already subjected to final tax:
Rent revenue (119,685) (102,040)
Interest income (22,680) (24,919)
Other income - net 12,011,536 12,499,876
Non-deductible expenses 26,639 34,610