PT BERAU COAL AND SUBSIDIARY - Bakrie & Brothers

PT BAKRIE & BROTHERS TbkDAN ANAK PERUSAHAANCATATAN ATAS LAPORAN KEUANGANKONSOLIDASIANUNTUK PERIODE ENAM BULAN YANG BERAKHIRPADA TANGGAL 30 JUNI 2010 (TIDAK DIAUDIT)(Dengan Angka Perbandingan untuk Periode EnamBulan yang Berakhir pada Tanggal 30 Juni 2009)(Disajikan dalam Ribuan Rupiah, kecuali dinyatakanlain)PT BAKRIE & BROTHERS TbkAND SUBSIDIARIESNOTES TO CONSOLIDATED FINANCIALSTATEMENTSFOR THE SIX-MONTH PERIOD ENDEDJUNE 30, 2010 (UNAUDITED)(With Comparative Figures for the Six-MonthPeriod Ended June 30, 2009)(Expressed in Thousands Rupiah, unlessotherwise stated)39. KOMITMEN DAN PERJANJIAN YANGSIGNIFIKAN (Lanjutan)39. SIGNIFICANT COMMITMENTS ANDAGREEMENTS (Continued)g. Saham g. SharesPer 31 Desember 2009, manajemenPerusahaan menyatakan bahwa 49,04%saham PT Bakrie Telecom Tbk; 41,78%saham PT Bakrie Sumatera Plantations Tbk;43,20% saham PT Energi Mega PersadaTbk; 19,15% saham PT Bumi Resources Tbk;dan 20,95% saham PT BakrielandDevelopment Tbk dimiliki oleh Perusahaan(“certified shares”) dengan seluruh hak dankewajiban yang melekat pada sahamtersebut.Manajemen Perusahaan mengakui bahwasaham-saham tersebut telah dilaporkan olehAnak Perusahaan per 31 Desember 2009sebagai berikut: 39,59% saham PT BakrieTelecom Tbk; 27,62% saham PT BakrieSumatera Plantations Tbk; 43,22% sahamPT Energi Mega Persada Tbk; 10,09%saham PT Bumi Resources Tbk; dan 11,20%saham PT Bakrieland Development Tbkdimiliki oleh Perusahaan.Selanjutnya Perusahaan menyatakan bahwaperbedaan tersebut (the “share differences”)sebesar: 9,45% saham PT Bakrie TelecomTbk; 14,16% saham PT Bakrie SumateraPlantations Tbk; 0,02% saham PT EnergiMega Persada; 9,06% saham PT BumiResources Tbk; dan 9,75% sahamPT Bakrieland Development Tbk adalahperbedaan atas saham yang dipegang olehPemberi Pinjaman sebagai jaminan ataspinjaman yang diberikan kepadaPerusahaan. Namun, Perusahaanmenegaskan bahwa share differences dancertified shares adalah milik Perusahaandengan seluruh hak dan kewajiban yangmelekat pada saham tersebut.As of December 31, 2009 the Company’smanagement certified that 49.04% shares ofPT Bakrie Telecom Tbk; 41.78% shares ofPT Bakrie Sumatera Plantations Tbk; 43.20%shares of PT Energi Mega Persada Tbk;19.15% shares of PT Bumi Resources Tbk;and 20.95% shares of PT BakrielandDevelopment Tbk were owned by theCompany (“certified shares”) including all therights and obligations attached therein.The Company’s management recognized thattheir subsidiaries and associated companieshave reported that share ownership ownedby the Company as of December 31, 2009were as follows: 39.59% shares of PT BakrieTelecom Tbk; 27.62% shares of PT BakrieSumatera Plantations Tbk; 43.22% shares ofPT Energi Mega Persada Tbk; 10.09%shares of PT Bumi Resources Tbk; and11.20% shares of PT BakrielandDevelopment Tbk.The Company further certified that thedifferences (the “share differences”)amounted to: 9.45% shares in PT BakrieTelecom Tbk; 14.16% shares in PT BakrieSumatera Plantations Tbk; 0.02% inPT Energi Mega Persada; 9.06 % shares inPT Bumi Resources Tbk; and 9.75% sharesin PT Bakrieland Development Tbk were dueto share differences being held by lenders ascollateral for loans extended to the Company.However, these share differences and allcertified shares are still owned by theCompany including all the rights andobligations attached therein.40. TRANSAKSI DERIVATIF 40. DERIVATIVE TRANSACTIONSelama tahun 2007, BTel telah melakukantransaksi Amortisasi Swap dan Swap Opsi Belidengan Credit Suisse (Catatan 20g). Berikut inimerupakan informasi yang berhubungan dengankontrak dan nilai wajar kontrak tersebut padatanggal 30 Juni 2010 dan 2009:During 2007, BTel entered into AmortizationSwap, Call Option Swap and Collar Swap withCredit Suisse (Note 20g). Listed below isinformation related to the contracts and their fairvalues as of June 30, 2010 and 2009:130