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PT. GUDANG GARAM Tbk, KEDIRI- INDONESIA PT GUDANG GARAM Tbk DAN ENTITAS ANAK/ PT GUDANG GARAM Tbk AND SUBSIDIARIES LAPORAN KEUANGAN KONSOLIDASIAN/ CONSOLIDATED FINANCIAL STATEMENTS ‘TAHUN BERAKHIR 31 DESEMBER 2014 DAN 2013/ YEARS ENDED 31 DECEMBER 2014 AND 2013 PT. GUDANG GARAM Tbk DAN ENTITAS ANAK/ ‘PT GUDANG GARAM Tbk AND SUBSIDIARIES. |LAPORAN KEUANGAN KONSOLIDASIAN/CONSOLIDATED FINANCIAL STATEMENTS TANUN BERAKIIN 3 DESEMBER 2014 DAN 2013/E4RS ENDED 31 DECEMBER 20144ND 2013 ISUCONTENTS SURAT PERNVATAAN DIREKSUBOARD OF DIRECTORS’ STATEMENT [LAPORAN AUDITOR INDEPENDENUINDEPENDENT AUDITORS’ REPORT {LAPORAN POSIS: KELANGAN KONSOLIDASIANY (CONSOLIDATED STATEMVIS OF FINANCIAL POSITION. LAPORANL ABA RUG! KOMPREHENSIE KONSOLIDASIAN/ (COMMOLIDATED STATEMENTS OF COMPRESENSIVE COME, 3 LATORAN PERUBAMAN EKUITAS KONSOLIDASIAN/ "SONSOLIDATED STATEMENTS OF CHANGES IV EQUITY. 4 LAPORAN ARUS KAS KONSOLIDASIAN "SONSOLIDATED STATEMENTS OF CASH FLOWS. CCATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIANE "NOTES 10 THE CONSOLIDATED FINANCIAL STATEMENTS. vo 645 PT. PERUSAHAAN ROKOK~Yayo 2 Nn ay is 2 haw egy ‘Semtsoneus fea ste eiccet tie pan 3 Re) race gh er pena pain tana PGE raat fe Se pepe rman of ‘Ser te ne casas" Met a a ae 2 apa emu in Fs GT den. Ted ie tn oF Cn SSIS + Rae epee ome * Seeger * State re da a ns taro ny a Th Sete ae ma Popo a} Feces cart onan Elem torte a * prssereeere came ee te ern et men FT te ena pe i dg atc, ate nat Siddharta Widjaia & Rekan Registered Public Accountants {a Fevers Meshes se20)21 Suz Leporan Auditor Independen Nos Lad 052 1124005 Para Pemegang Sata, Devan Kons dan Disk FF Guting Gar Th ‘Kan eh mengauttaporankeumegan onstsin T'Gudang Garam To anette anye eranpl ang ter dr apr poss Reangn Soman {anggal 31 Desnber 3014, lor ee $ompretes, peas prsbbaneuas, da porn ‘euekas Kosei Uc a yg orc pada ‘anggal eres, dan seta ise keen aunt [Spyien dn vores pnjean iy tourbtasian Manemen betanggung jem ts pony dan pec ajar apr ougan Kosala {estat sto dongan Stuns Alan! Kenagan Indes, dan eas pongedalon ine ase ‘Sangin pr oeh maniemen nak memanginn “Tanggung ja autor “Tagging eva ka ads wt mena san platens apr euangan onlin eset ‘Serdar, Kan alma on kh berating Stand Adi yang Gitape fk Isat ‘Nhu Publi Indonesia Sunde eta ‘neogarstan a wu memati Keenan tea Sots merteanan dn meakrahan lt tk ‘senpetle ajallgs meade eta pach Tapre Keung enolase set beta ai ‘satan pryjian ati. Indepodent Aor Report dios 14-1082 524.005 The Starehodes, Boos of Commissioners and icons PT Gudang Goran Tot We hove aed he comparing concidaed Snail sateen of PT Cuda Caran Tok and its ‘rir, which compris th conelidated sitomen finance pstn as of 31 December 2016 te ono stones of compres income, hanger neq and em fot fr te earthen nde and amma of significant acseuning polices lander explana formation, Managements responsibil forthe consolidated fiancee Management irra for the preparation nd fy reentaton of the cot ated nancial stan rerdance wt nonin nasal dec Standor, andor ouch eral ovr os manager ‘tine i nce enable te preparation of ‘onoidatedfnarctal stamens tha ar fe fom ‘ner! mstteet, bth de o foudor ere, Aor’ espomaility (respon is expres a opinion on hase ‘onolated nari aeons based ono one We ‘inducted ow out n accordance vith Stood on ‘ut eased by he Indonesian sit of Cote Pubic Acetate Tove standards repere ‘tha we comply with eel requirements and pan and [ufo te out tin rearnabeexwance bat Cet he contd ancl tatanet ere re From material misaronot Fendi, ep alan wt jn mya pi ss kefsivisanpengadaion bral exis Sat fuga eneakappengevaaasian nas keepan {eal akan! yor cgulan dan Levajran sca alates yang iba leh name, set engevansan as peyaian opr kegs eaolis scars teiisan ‘Kany baba sci yng ela amd poe dk cuksp dn ep unk menedihan sas bi See pin sith Opin Mensa opin ka, aporan euangae Laslisin ‘eran mena scare way, ala semua bal. ng muti pois evans Koso [PE Godang Garam The dn nt saya ang 31 Desebe 2014 srt ie eomngsn dan ars as onsoiarnny nt bun yng bere pe, ‘unggl eater denga Sendo Alas orga ede. A ou ove performing racers obtain elt ‘pidone about he amc ond loan n te ‘onolidated nancial statements The procedures Seleceddopand onthe trudge, cng he ‘sesman of thr of matrial misatemen ofthe Censoiarad far tment whethar eo fraud reror. nating thre stamens, he ors oer eral cml relevant then? reparation andar presentation of he comldated {rancieltatemert order 0 Svgn oud proceres ‘hat are propre nthe cena, bt ot for Be urpoe of expressing on pinion on theatres ‘heen sieral con au as neuer ‘alt he appropriateness of ecounting plc Sd andthe reazonblenas of accusing etna ‘made by management wal x evcuating the veal ‘raven of th conoid nea sen. Wealth te est eens hove tan it suo and aproriat provide abs for ox ut opnon. Opinion nour opinion te accompanying conde financial “taemens peso fat, nell atl pec, th onolidated finance postion PT Gran Garam Tobnd ty suoidre a of 31 December 2016 ond ‘her consolidate facia pefamance and cash ome [othe year thon anda eardace ith ndoneson ‘oractalAecouning Stands. Sidra Wij & Reka Kantor Aanian Pub Regitaed Pull Accountants Karunaningsh Angainy CPA ain Akan Publi Publ Aesontan Liane No. AP. 0848 Jolara, 26 Mar 2018 Istaria, 24 March 2015 PT. GUDANG GARAM Tbk DAN ENTITAS ANAK/ ‘PT GUDANG GARAM Tbk AND SUBSIDIARIES. [LAPORAN POSISE KEUANGAN KONSOLIDASIAN! ‘CONSOLIDATED STATEMENTS OF FINANCIAL POSITION 31DESEMBER 2014 DAN 2013/31 DECEMBER 2014 AND 2013 (Calan jaa ih cal yaaa nsx millon of raph ls ohare spc tse) _ 31 Desnberbucnbor aser New 25 sassers st ane ure ate sodas 3 assem onioe Coskandeat sua Fg nt ken a "lr dt Frat pera oll hada Prepaid oe e yak peng dom pot acne at ear ddr ‘ “Frpa enone ‘tina eye : er ere a sae Td Lance vcr Ae Ace es 5 wenzm sagsesis Fear et ‘Ach ete. Bosh meas Saas Defi that Fei pert diber eka se - paloma Peer rene 9 eto Cerneswre ts “Tot At Tk Lane 9488200 — 1516590 at Non Corot ee TOTALASET ssansoo sara Tora assers on sKonoltin yng_—_Ste Nero he Const Pani Steet eh Imraan gion i rpm taper apn “form on igloo ac tee PT GUDANG GARAM TDK DAN ENTITAS ANAK/ PT GUDANG GARAM Tbk AND SUBSIDIARIES. LLAFORAN POSISI KEUANGAN KONSOLIDASIAN’ ‘CONSOLIDATED STATEMENTS OF FINANCIAL POSITION 3) DESEM: JAN 2013/91 DECEMBER 2074 AND 2012 (Cate jana pia, ec deyeakan Ks miles of rip, wes aes specie) uixsiLitas ints Sng Pande ra be oa ei “ot Laity Jang Pend Linas Jang Panna Ets p naga, es “Tot Litas Jgh Poin ve tn Poa eB ees cps ii coals dena pia sii Desghan ‘iin Sega enn at ian kde xefeung mean ‘TOTAL EKUITAS TOTAL LIABIATAS DAN Coan) _ 31 DeemberDcenter ered i ee pao aoe oe eo ae a ie » 2a OR a sin deg, ad 8 we oer, = ac ae ea = sie aa ed ca eee a ae eee wearer ae es 3 RS aR erin ; pe ee ae : ie DS car aout wee aoe a ee certo eed mais, eae aa pena a ms pene ere eee rena torre sg “om eral arto ts fan ste PT GUDANG GARAM Tbk DAN ENTITAS ANAK PT GUDANG GARAM Tok AND SUBSIDIARIES LLAPORAN LABA RUGI KOMPREHENSIF KONSOLIDASIAN! CONSOLIDATED STATEMENTS OF COMPRELIENSIVE INCOME “TANUN BERAKHIR. DESEMBER 2014 DAN 2013785 ENDED 31 DECEMBER 201¢ 4ND 2013 (Dalam an pil eel diya uss mls of rapa unless thre pei “Thanteati 1 Dexter! Pein 2 Roem Big pln eal 2 catafeas Lab rete isms insrsass rept endaean anea oss exon0 ter icone cher 2 Gast) — azo paige Bebe nya i 9) ‘er even Letras mente (12568) Fereernemge i ia ate te ass Lm peraing rf etn nes oman _osssie, rst pene ase playa raussis 5336204 Prune income me ‘eho i peas me _gsinssy —ass.2m Income rere {arta pendaptan apres Pf Tt compete ‘huss 2, ee ‘come forte ar {arti peodapati amore Prt ‘gdp atbunban hepa ‘ncome ae ‘estes ak soses 43am emi Company Reentngm npg pars S896 Nawcoraing inet 5395298 488902 aba pe-siam an ripah em) 28D 2250 amiga what) ‘ia Catan tas Laporan Kuang Konslisin yang See Nts he Conidae Fanci which ‘erepalan bag i erpahaen tlporan hag “orm oe acral pote theism sens. PT GUDANG GARAM Tbk DAN ENTITAS ANAK/ PT GUDANG GARAM Tok AND SUBSIDIARIES LLAPORAN PERUBAIAN EKUITAS KONSOLIDASIANY CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY ‘TAHUN BERAKHTR 31 DESEMBER 2014 DAN 205)YEARS ENDED 31 DECEMBER 2014 AND 2013 (Oa juan epi, eu asl millon of apa ohare ogame a oe Se See ee SE on EL SP SES gees es at SS oa baa apn en esto fees ARB pee eg Lapiran Kae Kaen ang Sc eth Coie Sat heh apron “fom on gra por oth acetone PT GUDANG GARAM Thk DAN ENTITAS ANAK/ ‘PT GUDANG GARAM Tok AND SUBSIDIARIES LAPORAN ARUS KAS KONSOLIDASIAN! CONSOLIDATED STATEMENTS OF CASH FLOWS “TAIUN BERAKHIR 31 DESEMBER 2014 DAN 2013 YEARS ENDED 31 DECEMBER 7014 AND 2013 {Guta joan pial ingest osu millon fap les chr seed cannt Teaco Deer ia 7 ‘rast “ieninnes ena pes stim sueies ———_cahnafcutner Popa SSB Gees, parece Fou ae cama) ‘Oo Pome nrg retguanttiogen Snap Toamacpions foc ee espe cane (asian tan fount SIRS east bain ase Pn pt no arma ‘cae Coarse ‘re ivi pra cat ‘tes om prt es nos eas ant areas casi roms prow mvs ihwesras ‘cnn Pokey nse emi distin sod Fontana eiaimamiiy 5 Canastota dace Tentech on ‘cat at ‘sia {009.199 585859 sng TPENDANAAN: “ACTIVITES: Fata aimee root 50590 530010 Naps fons epee Seamer lca % GD woz eng Coto Ey im “Ota Sora re repr lta wa eh sina een Tegan 3. etc eeley bia a t sepa om ocmecionrerseh - ax Srey ren ‘nin pn TEBE TARO Nace fon aa ss een chen en ch Sinaia Kenran tn ina nd oh ens ert agintaa ae aan tro Sr Side ora , Cah natin har Lan Cntn sLaprn Kage Konno Se te Cone Prt Sick ‘espana i erpunhen !poran Henan “fron nea pr fhe il lon PT GUDANG GARAM Tbk DAN ENTITAS ANAK/ PT GUDANG GARAM Tbk AND SUBSIDIARIES [CATATAN ATAS LAPERAN KEUANAY KONSOLIDASIANINOTES TOT CONSOLIDATED FINANCIAL STATEMENTS ‘TAMUNBERAKHIL! DESEMBER 214 AN 2010 124R5 DED 3) DECIR 2016 4ND 2013 ‘Dat hip ea yaaa sit ine rw ther ed TUN 1 Gang Gren Th (Year ang sen eae 1 Pewahokoh Tp “Onog. Gran edi (0 Gaag arian een ee Sac SH a Str sens Keb tg 30 fn 1971 No.1, ‘ah don tenors ang sr tanga 13 Ob Tor Non seal nl slen Meet eaten dete No. JASI9N ung 17 Nopenbe 1971, ‘Stan romain Nes Kes eee Ne 310 San 32971 ang 26Nopeobet 1971 dn dma Sita tone St re eran merle an da ewe Poon Sine San thr 19 Pca han 5 teak a atm Gyons knoe dt 2k ogg Dene Penson teh mrp tet a tent, Phan id aon enone le Dyas Antara) Sepse,SH tga 8Desenbe 2008 Nozr "uot meen Undo ding ‘Ne-4oo0 nang Pesca Tens. ‘eco feds doi egen Kantor Pa 5 Semanpr 1, Kase, faa Tir, sea mami abe ‘Sobers et Gap Kagan Smee. Foseom jap nem Kemorianor Pein jo tr Perhan lata eel AY 8, ht (hr Kaur Pevaie Sebel. Penge 7 1, Sabi en Tine Seating past 3. Anggun Onsrya, Peston Sep ad tee ea SO FTSuyodae tnesana mech ens nek er “i GENERAL rang Cao Te Company rey manda Prentice eat eng Gan” ate (er kng Cam) vs ted ye ef ee Sih te ny nat aed 0 a 9 Ta, Sy dd te emery Sd 15 tr ‘ro La7907 Ponce rtrd ‘eit Cort of ce tr Na SUP aid S787 8 ‘ele Yori nd plied pS Ste Gn nae 6 cnr The Company i nition of Pris was ‘ahd eS e168 te Campy changed egal ‘a ot Prnrip on in 971 Boa uta hanged ot ‘tg ll ty or nie! Ley Comper Commerc rao ar comer 938 The Compas Antes of dcation hae bu amen rwl tne, at shanna fed ded of nn ule Doh Abarat Sse, SH dad 8 Dacor 208 ha 27 te comply wih the prion of Company Law Nesaao he Cony io Indo ded company wih tx el Gc at Seman it et lv. a plese sand te Bort, Campa. Kangana ond Sinem Me Coupon ae or ern sie, wich ‘sats Rprartie Ofie oral Yn 78 ‘nnd Staboe terest Oo a Pongenl = 1 Swope. Ea ve masons with are 3 ft Ales of Action, th Compo eed ete ry a rsd ‘hore nays. Saeco i he Cans ima pret PT GUDANG GARAM Tbk DAN ENTITAS ANAK/ PT GUDANG GARAM Tok AND SUBSIDIARIES “CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIANAOTES TO THE CONSOLIDATED FIANCE STATEMENTS ‘FANON ntadalt 1 DESEMBER 2014 DAN 2O3EARS ENDED 3? DECEMBER 20144ND 2013 (Dalen jan a keh oan Rn los ET Canjeran —TGENERAL (Contac Dargis a Meni Kouangan Na, shunasoi ME T0099) eae 17 Ja 180, Pram ean wun umn kepeda iat mes pa oll "Sumih 7907800 sr dng war Rp 1.200 (copahre) person Desens FTBu Ek Sunt Ne, 3720. TOSMESVIUDO engl 21 Aga 1990 il ds ‘Stk deat Boma Bk Soraya BES" sae ‘Stipa Poaoan Reus 190, Dg fat PE se Ek aaa No. SHGEIV090 a ‘out oi ea da tk an Bus Sas CBE) seo shan ung ama, Degen su Piura bt Sante No AURSETLISTIMESN fap 5 991 dnl PT Bus ara 6. SSHRELLIVI090 gel 27 Mt 1998 eh aan ing semis 5881700 Persran Ase Bu ‘Sec nga sti shan Forerean yng Bon se ‘ih ean ye 2200 a Sham Ck i) i Rp 1.08 fp pl) ea p30 (ah pen) pe en opengl a Sham teas sot ps ng bee sig [sh tam Dera erat 81022000 moe ‘osotst, Deeg nt FT Gum Ek Ia, ‘Ne SAI9E1 12096 ues 24 Me 1996 dnt Phun. ee Saray Ne STEMTLSTIBESNG fuga 7 Mest sou tam Pare ang eee sewn 1928068000 sau el saan lia rset “eng jk ren 30 Nene 207, BES eit ‘ipa edn BE dan lant BE ea oa Seal degen net PT Bana Bf Sata No. JKT CigtisTeNUTENIMESO7 gan 30" November Sir hn Poseran yng scene teat & BES on ‘Bu tmp 1926068000 shen ea ee on ‘Ipoangian I bana Ende ines 6 ‘anal eens 207 By Miter of Sone lee No. St 20860KUK 01990 hed 7 ly 1900 the Cana abr ong he ‘st ner $7,807, 89) shar par va of Bo 000 ‘eal pa prt by er fom PT aaa Eft Swabs No. 3721D- [Bainesvini ded 21g 190962040 he Coupes shuren Bae age fb led the ‘Sato Sct change B85") ne 27 Angi 190 Ba letra PF rn Ikra No S200RIY099 ted [Mtn 1, then nb hares hve bon agreed ets at Ss Eehange (BEN) By ter fram PP bes BGk Serta No #ENTUSTBESIE “tard 2 ay 194 and eter frm PT Ba BA Jars No'Sianbsi pee dad ay 94 onan SBiSi7A00 shay wore let ah Set Esha ‘city al of he Company ed share ot hat i EGa 22 teres hv en ied. 1 1906 te par rae of he share har Bon it ck BU fom R00 (ol apo 00 ote pal) ‘Forshee are ate equ ember fata re oud ‘Eh oS 068000 a tr PT Bare ek “ha 05991120596 ded Nay 19 and a er fam Pins Bit Sao UENIRAST MOY 9S dated Sr 8 a of Conan esha a S2005800) ‘ars hoe eo ted ath ton Brg A of 8 November 207, BES heft bon merged it ‘ont BE quent hoged mone FB Bk a Mo fm PT Bara i Sao NRT ‘Campers. 1.024 088.00 shares wich ere previ lind a ES ond BEd re ed andre! Br “non tring em 9 Deco 007. PT GUDANG GARAM Tbk DAN ENTITAS ANAK/ PT GUDANG GARAM Thk AND SUBSIDIARIES {CATATAN ATAS LAPORAN KEUANGANKONSOLIDASIANNOTES TO TE CONSOLIDATED FINANCIAL SPeTENETS (Can a ih el cain iano rh ns thei ed UMM Canjuiany or ea Come, erin neni tpeiin sera egg Hk fect ond ins own tm the Ign st a haga bo “cna Ast vrei ‘ramen lee Be Company Pong ise ine Pr ne i tee PT. GUDANG GARAM Tbk DAN ENTITAS ANAK/ PT GUDANG GARAM Tbk AND SUBSIDIARIES LCATATAN ATAS LAPORAN KEUANGAN KONSOLIDASUANINOTES TO THE CONSOLIDATED PRANCLAL STATEMENTS {TANUNWeRARtIR DESEMBER 2014 DAN 201 485 ENDED 31 DECEAER 7014aND 2013 Jn ipa ean yaa us mil frac es ear i uN, Poca Aes Mionvannrans Leumeta pes a len Desenbe 256, Peron mena Caen Bi eign car ea he un ian Ob 2016 Pose enctan PTS ‘ial Sees rg ta rs el hon Sea Rilowee Dia, talon Obie 2016, PT Sane Merida ha inn Reet Sel ah ‘nbecmte 204 he Company ait lay rime Li ‘Suet hie copa! payment agli 37 644 to Oar 2016 the Company wilh Supa Abad ‘Sneath tl” he capa pment onc fe pplseeaon 1 Ober 2014, PFS Madrid elo PT Supe icon ha hepa poet oct e Bids PT GUDANG GARAM Tbk DAN ENTITAS ANAK/ PT GUDANG GARAM Tok AND SUBSIDIARIES {extai 4¥8 LAROR RELANGAN KONSOLDASINNOTES TE CONSOLIDATE FRANC STATEMENTS (Galan js eal dan nas ilo rap, ls thre ed 1 UMUM anja iE GENERAT (Contned Bae ule e201, PT Sup Nand pian ‘emillamge d) PY Supe Mandl Pete deg fee dignrla Wak okie ae aot tae Reson tei an Komse As ean asap Sera faerie ra ae ‘om oncinrling srl Tal ama ‘uh her sp 39 malion “Al yearend 2016 and 20 the campastion oe Cangas St of Com Ba Dros nfo Donan la Comte Presi Kars Nye: Ji Seta Wonoitijo Ny. Seiwa Wonowijo Pret Commi omimisiomasis Tale” Lacs lage” Tal” Lars Maa Sour ‘Commons ‘hike ne Wile van Cede!) Tale rn Willem van ede") TwiMb Grama Hesgeasont) inks Ponda Dints Prien Dicir Tue Suse Wenowielo —_Ta/dr_Salo Wonowtlo Presiden Dire Diclowivecir Twi eu Bains wiht. Her Bon ‘oreo Tulle aoe Tube FetSuner ‘hike, Gn Tareiessa Tea Tv Share ‘elle Sony Sanam") Tale Soo Sane aba) Kone aut Coie kona “Tih, Fk Wien Geer Tae Fst Wie vn eer simon posse Fue, atte Tulle, Junin Meno ‘Take, Banton Sisto nile Sonia Sao (Kent geen 1s ‘A ans Devan Koni dn inks Pernt ‘ern emepng hum eson (an 7). ‘enyierian ranging 36 nanan an EN apna ane cina Lago eign olin jo mk ean ‘th Dil pa nes 2 Met 2013 (1 Seno Como 0) need Die Cin amber of the Cangas Bed of Conan? ‘od Deans a ao th shohade of te Company ‘ie. At yurend 2014 al 2015 the Campo ad sins mpd 3618S empoce an 3517 employ ‘meted The comalid feat samants wre exh for yt Dict on 2 Mrs 15 PT GUDANG GARAM Tbk DAN ENTITAS ANAK/ PT GUDANG GARAM Tk AND SUBSIDIARIES “CATATAN ATAS LAFORAN KEUANGAN KONSOLIDASIANNOTES 70 THE CONSOLIDATED FINANCIAL SrAPEMENTS (Dan jn up eas yaa sil iin of roa se oer ae 3. TRATISAR KEBUAKAN AKUNTANST YANG PENTING "E SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES ttn gat yg pong ye eran Fontan sh agate 1 Daar pasa apacan Keane Kosi Lapra keutom Sonia cine sons den ‘Ske Ako! Keng oes SAK) Lyon iam fin, yong, jinn date EECA ES cer a pan Layee eh hana ain ea an ‘diene yng dossn cngen ede gg Ut ‘Sa a nt in ee Soe eure Inn kre tenn sea SAK rovjenstan eujonen pots manda mba, {Stn einen pte np peepee Eni at ou i nln pn, ‘eta peesauen belt manent in in nant, aot mina Wee gn sims dan asm yng siunlan died esa Pecenatboga ews i cms tat dat Fade pore dna eimai he an poe ‘endanger sna ese ‘ego vet gp ps ge {sae din Pesoan nell epemon, Due SEP ap Soka haan top on Rat ak onotdstan sae age Peron ‘murin pegetan sca kia ah rousldeis se pagina eset ak ap ‘The signom acouing pols costly ppd In th igen fe ome foc mn au fr preperation of colt ntl atoms he canada fia emo hae eon prepared ite a he concider a lion of roe prepared om the mr be trina ‘eed he cont tate of eat flo pet he hoger cath and exh auras fom ean ising td ‘fina acter st et Piped gt det ati ‘ort pep, anh an Ssh ease reseed Conk rd yet nih Sec rps he ace hak ‘lees "eras “kd wnat act ‘plo of csining pat ante epee aoe of ee telnet et “cpu dager ‘Sma bred maroenen enon ferent ‘ete an cco ew ay ir fa ow ‘neg bs Reon acing tir ae rege ‘te ria wh eee end nd a re tod ic Basso cnsledon re conde ancl sens clue he facial count fh Compo and eae Sub re arse the Enea ty net ha ‘mst neat of mere hon ha ef the ein Mis ot ‘Neha tc pero gov fon a prt ole ‘Sire cited om the dt owl eve ‘oul alan ty the Conger onl 0 oer ‘Stan thdtethatcomrl ceed PT GUDANG GARAM Thk DAN ENTITAS ANAK/ PT GUDANG GARAM Tok AND SUBSIDIARIES ‘CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIANNOTESTO THE CONSOLIDATED EIANGIC STATENS {TAIL SERARYER31 DESEMBER 204 BAN 203 EARS ENDED 9) DECEMBER 2014 48D 2013, Dal jon ap ea an nn alo 3 TRITISAR KEBUIAKAN AKUNTANSI YANG saree eid "SUMMARY OF SIGNIFICANT ACCOUNTING PENTING (anjutan) POLICIES (Continued) rsp anna Lana) Ketan sorta) yang dinian dln pcan ung hail dengan ssn Honan oh ‘Tra stn amare Penn don eta ak st ong ug rs yee Kepeniogn vorpal din cae dln [bean pss! nina kool, pa chs ry ran ec pele n ae fg dn say Kompoen peda tempeh ‘Sie pts emf seo nk on oe en ‘Sooper btanean ropes pei ern dm iin Kein eal pode ‘awa onp is megan nae Fevgenislie cst rams est, Pent {rs enh tect peng sspegeda yk ‘Senin tn nl we iis ng er at ‘ri di svar rong es ong Spa “tb es por es Kr distr a eee a eins an eg as tnt indepen trangia ag Jouh pany ice rn dr gel eee i torah aa ta Honsalain, 8 dan stn Gham sean geen Penge pendpatan dn bs Pendpese penis bslan bean Fenian Sang sta feet jn Seals peel, Saineoeermae ean ada, 1 Ba of comotdaion Conte) he ecg pal apa te cosa fash Samoa ae cout pled fy the Compa an Sayfa iceapon, meio, Haas on! wed ou ovo btn Copy ond rs Nonconrling erst previ te he conse tro snl pati wai pty pray om ‘tee sible the unre Conan. Pato Its and cach camp of ae ampere none or ‘ied the mr of the Compa 0 a ‘Srl inert "Bod on tt awmosp rt Popol ‘Changs prants cone re nie ht do ‘Sterne ones ft Company © Gioh nd sh tains Cai ond eh qos of te Canon ant sees ‘ca or Kd ech bt on rr ne ps ib nari fmt mo an one mae ate ae of nun Im he cada ssn of eas for, coh end cath cope nto nk oe 4 vena expense rceion eens fom mleverier 6 reoped band ox the sr of se a inayat fe pes rec when nr PT GUDANG GARAM Tbk DAN ENTITAS ANAK/ PT GUDANG GARAM Tok AND SUBSIDIARIES SEMIN 214 DAN23 ERS ENDED 21 DECEUER 2014 AND 2012 (Gain piesa yan nals frp kes ahr eid 2 TRATISAR KEBIAKAN AKUNTANSI YANG {SUMMARY OF SIGNIFICANT ACCOUNTING PENTING (Lanjutan) POLICIES (Continued) ‘6 Penta persian spears brs yng et Cred ft ‘sien Biya perky tang okk og bean foe potato shennan Penang de pina Gem PPM tho a oti un vole ung te ung dos ert pos Biya pevlan pang jos ews tanon inns eran Saya prt mines set, nas ie peste ‘Big pele tne diemsn ching deen mete m0, Diy peclton boang_ din jengasan hang Sedat aya pcm bem ‘fegan tga peony Biya prin ban tkprbary, so cieg dan win pbc dug den mend sa ‘ya prolhn pn cial ema PP de po ot) SSpariengear bran Senile Howe thy tel aap ‘Cake Sh su pk deen eu pos Keak Intrenet At enn dean pnp ‘es nal Kou ena rs Ett ato dar mun ca at hoon each ‘Seater sess kept pe a” sae keane Stan pepo st eis ese naa ar in epsan a sian taney vttion Inert ar vad athe Ler of ct mt rable Cont of irae sd snd compa band on aroge ‘Sta prion cv pcx pasting on ei ty ‘so feng YA niet ore nod) pos and prone wi et ay bone Co of pated fhe soot 5 compute aed on ‘pers tal prediction at ea paste ot of merch sont igh FIFO mashed ont fate mre coped Sane on aerate ‘raion pean th age ofan, Con of rently mati, tre pr onary ‘nop caput wi te rap mtd ent fexe ions ftng YA and ipa te ‘eign peti rift he xa poche nano aston iss Conny and birt eae par Yo he ona (ron fe ert Pec ee reopet ‘hon then hr ote Conny a ar Ties ir om the fmol mee ah ‘sista af ean vara of he ei ot er gare "onary. Paeaaiesert ‘Svensk olgavon ie Coneoy a esis ‘Spr ova dich oem PT. GUDANG GARAM Tbk DAN ENTITAS ANAK/ ‘PT GUDANG GARAM Tbk AND SUBSIDIARIES. [CATATAN ATAS LAPORAN KEUANGAX KONSOLADASLANIVOMES TO THE CONSOLIDATED FOANCIAL STATEMENTS ‘TAWA’ nianttt 1 DESENRER 24 DAN 2019 YEARS ENDED 31 DECEMBER 2014 AND 2073, {anja pa etl epsom nn of pik ws eri ee ‘et engin Pen in ta nore dc a an ‘sr am ng ums ak ngs Son mse et ithe st an esata ee “Pam yng ‘Sharan cn pg, stan Late Pemean ae a ant er para os gh er, ‘Sch, bu ha on bla Jp pena es Sogdian esp “uaa Negi e pasar dori ema ying tibetan in pig” pa ml evens daar shear ss jr tach Haye mts gut yang apt dion suring Secu poston tact keg ik se See deri a dog pte Pitan granada tape bye (ity tes Peseean Son enn eat CA op ‘memos engin eu aay Lestias toma dar pak tins periain ‘anon psp ea dah sa Sree oan! chm hays ana sna ung ‘Sa ditasan mpng” Selah pela ae ‘iia isngan a" sete "oe perce ‘sc a tlie Kegan dking rat dio ‘SSaipe dain apo post Kempt ‘eit are betcanr Ar ana ean ‘Singtaps di tape ewe meyelesi Seay eta, tab hn et erable in ‘ah dan dem ion poitin an se Ast up sain ah ik dogs ml Din, ‘a prpan ly ur bee ays pont Sn Si “Ge sents eon (Float an abies Coney he fan at of he Compan nd asia camp, ‘sand eth quai, ad esl parr ond ar fare ate whch ras “Lomond remeron lie fh Compo (nent 9f shemale [Ben srs eens om cer ret bes whch Se satiiad ot “Final baie mere toad Lams and resi” nil meme af vel, phenytoin acy smbube wanaion cot ‘ue foal scape the anil eet are esa mre ct mi of ron apm 4 pron for import raced when dare it ‘afceendice hh Copy ont etre lt SS'Sn cles he awed avg he ial ‘Pac kis moe at mare cae ily ned slur ny sie dec ale Fontacon tos Sng! tail meogaton thee Prt terre marred tomar Faia dais efit od th at ac ‘posed ir stern of onal pestion han oe nto or men oo et "Sle or lide al ad Sore Pet oe and. pred telat cot ane degree ‘Red ae ero asin igh ca mode Ta ily moneda tat an begun el of ‘Smal prin on inp se PT GUDANG GARAM Tbk DAN ENTITAS ANAK/ PT GUDANG GARAM Tbk AND SUBSIDIARIES ‘CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIANNOTES 0 TK CONSOLIDATED FIVANCLAL STATEMENTS {TANUN BERARIAR 1 DESEMBER 2014 DAN 20 ¥E4RS EYDED 31 DECHMAER 7014 aND 2013 {Dam pa tetanus nln fh es trwicd 23 TIRHVTISAR KEBIJARAN AKUNTANST ‘ZIKITTISAR KEDUAKAN AKUNTANSI 2. SUMMARY OF STGNIFICANT ACCOUNTING YANG PENTING (Lanjatan) POLICIES (Continued) At itp an “ Pan ete (Cotied) Pylon ae ep sein nh ince dng de Deprecated ne tran land pple wing ‘mle tin mc ani tg ee the urate wat nthe eed soa ee Sito Baga jr dn jan 22-20thneare uns od and eae ese ere tse Neceney anf epepment ate Schaar Taran fc ‘hr Serta, elope, pst a an Morne, lepton sone and ted oe 4-6 ehejeoe “sent At dam pet megan ska a ay ‘Snes pram so apa tne jg Behan ‘Sn dello Sa Son apt ‘racism ns so ptr a art Spoink dein Big pean in pean ebony aon [Osta tomes ksi poasatn (pennant oi caro ‘tou opm sou Spain ‘ot tp yng ash Sisk ania as yan. al ‘earl dor Ieonyok wat ap Yo ‘sting be a) eg td sano ap as ‘ap kempetentensicsn Botan yaaa Bebe dh dma Ganorins sm dng me ‘ia thon Jung espana soe esis 1 Penobaras maa ang ng us eng figs den maa ang pseu estan in oe na as raph “Tne dle mata sats mingSbran dam ypak eno. trs tna se Pade tng plea, Sid nt de Ibitar mont dreat g ‘han dat raph Sgn Ks ong ook ats we entresion rei he asad a of ‘net igen od cerca dty tela fat ‘Suit th oe gut Tcl oe ‘sd te ln nd tn eet oration ‘pean ead pan ere ‘epi and maroc setae cage costed ‘ene ef compro cone Ct of Steet ed ‘noalone tha ae ign onde te fee ‘Sons te as vealed dae wich re olga olde enced ‘rome eed rp offers ngs ese) ae ‘ed tn he cushdaed steno compe Pra expnes paid expen are omc eer the Bed paris singe rag a Foran cresesirasaion ‘he ft andracrngparing cry he Company (noire te to op ‘ramet frcgn eens oe readin ih Iie ae of echnge pring ot anton aa tt ‘psy Seba of money aes an aie ‘con care pando gh aca PT GUDANG GARAM Tbk DAN ENTITAS ANAK/ PT GUDANG GARAM Tbk AND SUBSIDIARIES [CATA ATAS LAPORAN KEUANGAYS KONSOLIDASIANNOTES TO THE CONSOLIDATED EINANCLL STEMS {TAHUN BERARHIRDY DESEMBER 214 DAN 2013 72485 ENDED 31 DECEABER 244 2073, (Dats se eal Satan sil muon fap ans rn ai 2 TRITTISAR KEBOAKAN AKUNTANS 2, SUMMARY OF SIGNIFICANT ACCOUNTING YANG PENTING (Lenjatan) 1 entrant ing Lane) ‘sep Bn nnn en bri POLICIES (Continued) 1 roe enna tnt te min exchange ae sd Bas on Bank al te te ie >= Pieces nach ae Ania Sr naw nae i Se Der (9 cect eens Ha tas ‘ae 1h gar ong a an yng chm Grins, Fag exhage ge) rand and said ‘ds en tng bern ‘ceed mt ed a ‘rs me ioe ew tari aroma nd ny Slat ond ‘ein topes Pan (rem deine rom aperanng ee | Plo penhastn i tomers Bean eas etn ar san pk il une tat expe, conpies caren adored ter opie beatin tage pe pe ich rage pi fa ei ec at igre Seam pestle ging ral forego or ‘Sissi lan ped Kage ye ‘ate mca ed pe Wn hing bet ea jk ele 3 ba poe gfe tng Pesan [Site an eretng ean po eraie Deter ms tet Grin oa wren SSE pup sing na paren ee ped ‘esp at pene a a a ae ‘orator ‘pan ele pena Keene tS tie ned oo ‘eee re i is Shere census Se ak at yng eprint i ange pv eoc a enn (ashlee ad ion ‘oebeston espa. 1 Lata persnan ‘ete some ta, doe, mei tn Iida on lu mca soni am hea ‘empath yng song rp spent ore ete on he alfa tty ‘teeth eprint fh Coop sas he Company ad suas apt he ant ond aby Ito ean hrc a pe Und te eRe re a and oo rnin ‘cc tc oe tnd The ‘Erm th elton ch Bene ee Sa ae me nln sh clea en Be ray rs ‘Bowg ce mings pe stare ang pr sare ar compte by dig prior yar ‘Sem fil usage res igh a PT GUDANG GARAM Tbk DAN ENTITAS ANAK/ PT GUDANG GARAM Tok AND SUBSIDIARIES [CATATAN ATAS LAPORAN KEVANGAN KONSOLIDASIANNOTES 0 THE CONSOLIDATED FINANCIAL STEMENTS [TAHUN SERARIMIC 3 DESEMER 204 BAN 20137EARS ENDED 3) DECEMBER 204 4D 213, {nj i hyn ses niles rep es aris aed 2, TIKTITISAR KEBIJAKAN AKUNTANST YANG PENTING (Lanjutan) 1 Trans dengan pia eres lg ik eet ut ssa eg Pen She Arana Keg CPSA) No? os 0) ete Pensa Pace Bon ‘Seu anal do alo sigsian deg apa SSE Sanh Gln eae Seger peas ae Se ean aise‘ ye ESSE Safa nein co apa eal ‘dng: Lont ai gil oper a a, {Se mp ec penguin oslo ‘ene yuan er dae yng Sana Folnregel eset cn aml nee

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