PT.

Meratus Bulk Shipping

Financial statements
as of March 31, 2018 (unaudited)
for the three months period then ended

In House
No Accounts & ratios Jan-Mar 18
PROFIT (LOSS) STATEMENT
1 Service Revenues 9,091
2 Cost of Service Revenue (7,562)
3 Gross Profit (Loss) 1,530

4 G&A expenses (opex) (791)

5 Finance expenses
6 Other income (expenses) (56)
7 Provisions for impairment losses on AR

8 Income before taxes

682

9 Taxes

682
10 Income for the period

11 Other comprehensive income and reclass to PL

12 Total comprehensive income FT period 682

Statement of Financial Positions
In House
No Accounts & ratios Jan-Mar 18

CURRENT ASSETS
13 Cash and cash equivalents 6,066
Trade receivables
14 Related parties -
15 Third parties 31
Other receivables
16 Related parties -
17 Third parties 3
18 Derivative assets (if any)
19 Inventories 2,534
20 Advances (to suppliers) 551
21 Prepaid taxes -
22 Prepaid expenses 487
23 Total current assets 9,672

NON CURRENT ASSETS

24 Deffered Tax -
25 Other receivable - related parties
26 Fixed Assets – Net 101,015
Construction in progress
27 Estimated tax claimed
28 Other non-current assets 20,627
29 Total non-current assets 121,641

30 TOTAL ASSETS 131,313

CURRENT LIABILITIES
Trade Receivable
31 Related Parties 665
32 Third Parties 3,782
Other Receivable
33 Related Parties 5,381
34 Third Parties -
35 Tax Paybale 137
36 Accrued Expenses 140
37 Advance from Customers

38 Total Current Liabilities 10,104

NON CURRENT LIABILITIES

39 Trade Receivable -
40 Employee benefit -
41 Total Non Current Liabilities -

42 Total Liabilities 10,104

Equities
43 Paid up capital – 100.000 shares 100,000
44 Additional paid in capital 30,026
45 Other comprehensive inc. re-measurement on employee benefit -
46 Retained Earning (8,817)
Devidend
47 Total Equities 121,209

48 Total Liabilities & Equities 131,313