· PT. Putra Dewa Jaya PT. Putra Dewa Jaya Rennier A Latief Rennier A Latief PT. Mahaputra Bara Mulia PT. Mahaputra Bara Mulia

CATATAN ATAS LAPORAN KEUANGAN NOTES TO CONSOLIDATED INTERIM

INTERIM KONSOLIDASIAN FINANCIAL STATEMENTS

Untuk Periode Enam Bulan Yang Berakhir For The Period Of Six Months Ended

Tanggal 30 Juni 2019 Dan 2018 June 30, 2019 And 2018

(Dinyatakan dalam Rupiah, kecuali dinyatakan lain) (Expressed in Rupiah, unless otherwise stated)

PT SEKAWAN INTIPRATAMA TbkDAN ENTITAS ANAK/AND IT'S SUBSIDIARIES

1. INFORMASI UMUM - Lanjutan 1. GENERAL INFORMATION - Continued

Dewan komisaris : Board of commissioners:Komisaris utama President commissionerKomisaris CommissionerKomisaris independen Independent commissioner

Direksi Board of directors:Direktur utama President directorDirektur DirectorDirektur DirectorDirektur Independen Independent Director

Komite Audit Audit Committee:Ketua ChairmanAnggota MemberAnggota Member

Christian Victor Ponto

Hariadi M. Hasyim

Sesuai dengan pasal 3 Anggaran Dasar Perseroan, ruanglingkup kegiatan Perseroan meliputi bidang pertambanganbatubara dan jasa-jasa pertambangan. Ruang lingkup entitasanak juga meliputi pertambangan batubara dan jasapertambangan.

The Company commenced its commercial operations since2003. The Company's domiciled in Jakarta and located atMenara Global Building 10th floor, Jalan Jend GatotSubroto Kav 27 South Jakarta.

Berdasarkan Akta No. 23 tanggal 04 Oktober 2018 dariHumberg Lie, SH, MKn, susunan pengurus dan KomiteAudit Perseroan adalah sebagai berikut :

Based on Notarial Deed No. 23 dated 04 October 2018 ofHumberg Lie, SH, MKn, the composition of the Board andthe Audit Committee are as follows:

Jun 30, 2019

Pada 30 Juni 2019 dan 31 Desember 2018, Perseroan danEntitas Anak memiliki 20 orang dan 27 orang (tidakdiaudit).

On Jun 30, 2019 and Dec 31, 2018, the Company andsubsidiaries had 20 permanent employees and 27permanent employees (unaudited).

Bakti Santoso Luddin

Hariadi M. Hasyim

Irwansyah Morris

Dec 31, 2018

In accordance with Article 3 of the Articles of Association,the Company is engaged in coal mining and miningservices. The subsidiaries are also engaged in coal miningand mining services.

Perseroan mulai beroperasi secara komersial sejak tahun2003. Perseroan berdomisili di Jakarta dan berlokasi kantordi Menara Global Lantai 10, Jalan Jendral Gatot SubrotoKav 27 Jakarta Selatan.

Rennier A.R. Latief Rennier A.R. Latief

Sebastian Ja'afarDony Wisnu Wardhana

Hasanuddin LatiefBakti Santoso Luddin

Hasanuddin Latief

Dony Wisnu Wardhana Irwansyah Morris

Christian Victor PontoSebastian Ja'afar

Ali Z. Abidin Ali Z. Abidin

Jumlah gaji dan tunjangan dewan komisaris dan direksiPerseroan untuk tahun yang berakhir pada tahun 30 Juni2019 dan 31 Desember 2018, masing-masing adalahsebesar Rp 1.710.000.000 dan Rp 3.262.606.275.

Remuneration for the Company and subsidiaries' Board ofCommissioners and Board of Directors for the years June30, 2019 and Dec 31, 2018 were Rp 1.710.000.000 dan Rp3.262.606.275

Bakti Santoso Luddin Bakti Santoso Luddin

7







9. PERPAJAKAN - Lanjutan 9. TAXATION - Continued

- -

- -

10. BIAYA DIBAYAR DIMUKA 10. PREPAID EXPENSES

Sewa RentUang muka pembelian tanah Advances for purchase of landLain-lain Others

Jumlah Total

11. SALDO DAN TRANSAKSI DENGAN PIHAK 11. BALANCES AND TRANSACTIONS WITH RELATEDBERELASI PARTIES

Piutang pihak berelasi Related parties receivable

PT Fullilaki Danprima PT Fullilaki DanprimaPT Bina Insan Rezeki Mandiri PT Bina Insan Rezeki MandiriPT Ratna Sejahtera Mandiri PT Ratna Sejahtera MandiriPT Bina Insan Hamparan Coal PT Bina Insan Hamparan CoalPT Bina Insan Anugrah Utama PT Bina Insan Anugrah UtamaPT Evio Securities PT Evio SecuritiesPT Segara Prima Mining Coal PT Segara Prima Mining CoalPT Indowana Energi PT Indowana EnergiPT. Bumi Kalimantan Lestari PT. Bumi Kalimantan LestariPT. Putra Dewa Jaya PT. Putra Dewa JayaRennier A Latief Rennier A LatiefPT. Mahaputra Bara Mulia PT. Mahaputra Bara MuliaLain-lain Others

Penyisihan piutang tak tertagih Allowance for doubtful accounts

Jumlah Total

Persentase dari jumlah aset Percentage of total assets

Utang pihak berelasi Related parties payable

PT Harapan Mandiri Nusantara PT Harapan Mandiri NusantaraRennier A.R. Latief Rennier A.R. LatiefPT Rezeki Mandiri Prima Coal PT Rezeki Mandiri Prima CoalPT Ratna Sejahtera Prima Coal PT Ratna Sejahtera Prima Coal

Jumlah dipindahkan Brought forward

PPh Pasal 23/26 Final yang terutang:Rp.238.250.000.000.

2.250.000.000

2.005.821.544

Jun 30, 2019

432.000

14.276.118.178

Jumlah pajak yang terutang menurut Surat Ketetapan PajakKurang Bayar (SKPKB) sebesar : Rp. 714.750.000.000,dengan rincian sebagai berikut:

159.450.000 159.450.000

Final Tax Articles 23/26 payable: Rp.238.250.000.000.

5.775.000.000

23.885.222.870

159.450.000

4.192.457.840 2.005.821.544

145.600.000 5.775.000.000

149.475.000

4.102.103.918

170.888.039

Jun 30, 2019

170.888.038

460.674.468 413.276.850

146.300.000

9.641.646.507

8.619.896.888

432.000

145.600.000

219.577.000

- 55.200.000 2.250.000.000

(1.029.552.000) (1.029.552.000)

8.612.094.507

Dec 31, 2018

An administrative sanction: Rp. 476.500.000.000.

30.139.448.332 20.620.697.563

Dec 31, 2018

159.450.000

Sanksi administrasi: Rp. 476.500.000.000.

5.500.000

145.600.000

146.300.000

1.027.061.669

Jun 30, 2019 Dec 31, 2018

3,81%

Total of tax payable according to the tax assessment letteramounted to Rp. 714.750.000.000, with the details asfollows:

3,70%

149.475.000

9.649.448.888

735.000.000 510.000.000 157.500.000 274.166.668

12.945.001

680.445.001

17.895.000

145.600.000

5.500.000

219.577.000

46







11. SALDO DAN TRANSAKSI DENGAN PIHAK 11. BALANCES AND TRANSACTIONS WITH RELATEDBERELASI - Lanjutan PARTIES - Continued

Utang pihak berelasi Related parties payable

Jumlah pindahan Carried forwardSungroup Management Ltd Sungroup Management LtdTatang Sutirman Tatang SutirmanAries Capital Partner Ltd Aries Capital Partner LtdFundamental PTE Ltd Fundamental PTE LtdLain-lain Others

Jumlah Total

Persentase dari jumlah liabilitas Percentage of total liabilities

Pendapatan Revenues

Pendapatan batu andhesit Andesite stone revenue

Jumlah Total

Persentase dari jumlah pendapatan Percentage of total revenues

Sifat hubungan dengan pihak berelasi Nature of related parties relationship

Sungroup Management Ltd Kesamaan group/Common group

PT Fullilaki Danprima Kesamaan pengurus/Common management Piutang /Lending PT Evio Securities Pemegang saham minoritas/minorty Piutang /Lending PT Bina Insan Rezeki Mandiri Kesamaan pengurus/Common management Piutang /Lending PT Ratna Sejahtera Mandiri Kesamaan pengurus/Common management Piutang /Lending PT Segara Prima Mining Coal Kesamaan pengurus/Common management Piutang /Lending PT Bina Insan Hamparan Coal Kesamaan pengurus/Common management Piutang /Lending PT Bina Insan Anugrah Utama Kesamaan pengurus/Common management Piutang /Lending PT Rejeki Mandiri Prima Coal Kesamaan pengurus/Common management Piutang /Lending PT Ratna Sejahtera Prima Coal Kesamaan pengurus/Common management Piutang /Lending

195.140.713.493

Manajemen berpendapat penyisihan piutang tak tertagihcukup untuk menutupi kemungkinan atas tidak tertagihnyapiutang.

2.020.739.000

71,69%

Jun 30, 2019 Dec 31, 2018

2.020.739.000

Utang, piutang/Lending andBorrowing

Sifat Relasi / Nature of Relationship

699.352.139

Transaksi / Transaction

85.044.714.905 85.044.714.905

80.919.742.156

-

76,09%

30.139.448.332 20.620.697.563

1.230.341.963

82,79%

Pihak Berelasi / Related Parties

Jun 30, 2019 Dec 31, 2018

5.304.477.907

Managemet believes that the allowance doubtful debt isadequate to cover possible losses from the non-collection ofaccount receivables

80.919.742.156

Debt to related parties represents a loan to expand thebusiness, on the debt is no treaty governing the repaymentperiod and the interest rate. Based on the review,management believes that the debt to related partieskolektibel. This account receivables and loan receivableshave not complied with the disclosure of informationpursuant to Rule Capital Market Supervisory Agency andFinancial Institution (Bapepam-LK) No.IX.E.1 regardingAffiliated Transactions and Conflicts of Interest on CertainTransactions.

15.000.000

1.201.454.713

0,00%

- 699.352.139

Utang kepada pihak berelasi merupakan pinjaman untukmengembangkan usaha, atas utang tersebut tidak adaperjanjian yang mengatur mengenai jangka waktupengembalian dan suku bunga. Berdasarkan penelaahan,manajemen berkeyakinan bahwa seluruh utang kepadapihak berelasi kolektibel. Piutang dan utang pinjaman inibelum memenuhi ketentuan keterbukaan informasi sesuaiPeraturan Badan Pengawas Pasar Modal dan LembagaKeuangan (Bapepam-LK) No.IX.E.1 tentang TransaksiAfiliasi dan Benturan Kepentingan Transaksi Tertentu.

199.341.099.105

47







16. UTANG USAHA 16. TRADE PAYABLES

Pihak ketiga Third partiesCV Bukit Kurnia Lestari CV Bukit Kurnia Lestari

Jumlah Total

17. UTANG LAIN-LAIN 17. OTHER PAYABLES

Pihak ketiga Third partiesPenta Capital Penta CapitalPT Global Integrity Resources PT Global Integrity ResourcesVelseis VelseisPT Britmindo PT BritmindoPT. Mintek Demindo PT. Mintek DemindoPT. Karunia Bumi Khatulistiwa PT. Karunia Bumi KhatulistiwaPT. Dua Artha Mas PT. Dua Artha MasCV. Andi Jaya CV. Andi JayaPT. Dayo Bumi Etam Drilling PT. Dayo Bumi Etam DrillingPT. Geoservice PT. GeoservicePT. Sentawar Sukses Sejahtera PT. Sentawar Sukses SejahteraCV. Vina Raya Agung CV. Vina Raya AgungPT. Aurecon Indonesia PT. Aurecon IndonesiaPT Toyota Astra Financial Service PT Toyota Astra Financial ServicePT. Sehati Mandiri Utama PT. Sehati Mandiri UtamaPT. Andhika Satya Nusantara PT. Andhika Satya NusantaraPT. Raja Cipta Mas PT. Raja Cipta MasPT. Surtech Indonesia PT. Surtech IndonesiaPT. Aryo Putra PT. Aryo PutraBp. Robert Semeru Bp. Robert SemeruPT. Bara Jaya Konsulindo PT. Bara Jaya KonsulindoCV. Annajma Cemerlang CV. Annajma CemerlangPT. Kaltim Diamond Coal PT. Kaltim Diamond CoalPT. Gudang Kapital Indonesia PT. Gudang Kapital IndonesiaCV. Tri Bara Indonesia CV. Tri Bara IndonesiaPT. Kaltim Pumitra Sejati PT. Kaltim Pumitra SejatiPT. Ocean Petro Energy PT. Ocean Petro EnergySR Catering SR CateringPT. Intergral Multi Talenta PT. Intergral Multi TalentaIwan Bogantana Iwan Bogantana

Pajak Bumi dan bangunan Property taxSanksi administratif OJK dan BEI OJK and BEI administrative sanctionsLain-lain masing-masing dibawah others each below

Rp. 50 juta Des 2017 dan 2016 Rp 50. million in Dec 2017 and 2016

Jumlah Total

474.914.538

242.782.128 216.599.164

Jun 30, 2019 Dec 31, 2018

44.669.343 18.224.101

184.000.000

286.936.000

3.371.132.460

203.717.290

Dec 31, 2018

99.999.999

1.396.281.563

377.809.290

1.500.000.000

Jun 30, 2019

8.843.605.229 368.938.690

1.500.000.000

195.497.295

8.587.515.029

18.224.101 44.669.343

451.586.150

34.885.000 244.776.140 244.776.140

337.067.953

199.980.000

227.228.550

30.835.601.768

3.371.132.460

34.885.000

959.500.000

337.067.953

50.000.000 50.000.000

96.720.000

199.980.000

770.882.212 451.586.150

79.077.410

770.882.212

116.000.000

439.495.888

777.500.000

2.669.465.536 1.396.281.563

216.599.164

99.999.999

195.497.295

48.333.120

2.759.790.905

194.327.390

96.720.000

27.555.648.506

227.228.550

2.640.980.144

55.500.000

221.542.184

530.000.000

429.176.946

2.669.465.536

2.751.435.326 184.000.000

194.327.390

286.936.000

203.717.290

111.000.000

242.782.128

48.333.120

959.500.000

531.030.610

111.000.000

221.542.184

51







26. BEBAN PEMASARAN 26. MARKETING EXPENSES

Komisi marketing Marketing fee

27. BEBAN UMUM DAN ADMINISTRASI 27. GENERAL AND ADMINISTRATIVE EXPENSES

Gaji dan tunjangan Salaries and allowancesBeban kantor Office expensesPerjalanan dinas TravelingUtilitas UtilitiesJasa profesional Professional feeTransportasi TransportationPajak TaxesPerijinan LicensesSewa RentAsuransi InsurancePenyusutan DepreciationSanksi administratif Expenses of administrative sanctionsPemeliharaan gedung Buildings maintenanceAlat tulis kantor dan fotocopy StationeryPemeliharaan Peralatan Kantor Office Equipment maintenancePemeliharan Kendaraan Operasi Vehicle Operations maintenanceBiaya Meeting MeetingEntertainment EntertainmentIklan dan Publikasi Ads and PublicationsLegalitas dan Perijinan Legality and PermissionsSumbangan DonationPromosi Allocation of joint operation projectAlokasi proyek joint operation PromotionLain-lain Others

Jumlah Total

28. PENDAPATAN (BEBAN) DI LUAR USAHA 28. NON-OPERATING INCOME (EXPENSES)

Pendapatan jasa giro Revenue from deposit accountPendapatan bunga deposito Interest income on depositsRugi penjualan aset tetap Loss on sale of fixed assetsLaba (rugi) selisih kurs Gain (loss) on foreign exchangeBeban keuangan Financial expensesLain-lain Others

Jumlah Total

29. LABA BERSIH PER SAHAM 29. EARNINGS PER SHARE

Laba (rugi) bersih yang dapatdiatribusikan kepada Pemilik Net profit (loss) attributable toEntitas Induk owner of the parent entity

Jumlah saham beredar Outstanding shares

Jumlah Total

100.000.000 39.496.084

Jun 30, 2019 Jun 30, 2018

-

203.658.915

49.719.300

Jun 30, 2019

5.966.400 -

5.966.400

726.172.796 - (3.317.575)

-

709.823.586

362.200.000 556.020.526

Jun 30, 2019

4.648.000

3.741.223.992

148.792.408

158.332.207 219.824.916

73.099.403

9.455.400

586.500

3.285.000

1.500.000

12.632.000

3.410.038.552

50.544.480 291.522.252

Jun 30, 2018

13.361.048

3.567.133

59.231.000 -

826.800.711 68.522.787

21.021.908

(4.080.634)

952.636

5.724.600.701 6.777.467.965

24.816.456

22.412.125

1.205.300 1.508.450

1.750.000

220.468.734

78.117.319

539.843.750

2.000.000

15.000

3.079.250

581.000

31.883.400

370.983.332

679.592.642 -

354.423.750

#REF!

2.433.252

102.458.164 (7.229.593)

24.000.000.000 24.000.000.000 (5.423.376.103)

(0,23)

-

Jun 30, 2018Jun 30, 2019

(6.619.373.544)

(3.750.000) -

Jun 30, 2018

7.488.000

(0,28)

- - -

57

Documents

· PT. Putra Dewa Jaya PT. Putra Dewa Jaya Rennier A Latief Rennier A Latief PT. Mahaputra Bara Mulia PT. Mahaputra Bara Mulia