CONVENTION CENTER PROJECT - THE GBB

Appendix No : TA-1
Name of Project : Convention Center Development
Analysis : Project Cost

Description Cost Values Year-1 Project Cost

Qtr-1 Qtr-2
Civil Works 54,515,000,000 38,160,500,000 16,354,500,000 54,515,000,000
Landscape 5,451,500,000 3,816,050,000 1,635,450,000 5,451,500,000
Art Works 21,806,000,000 15,264,200,000 6,541,800,000 21,806,000,000
Mechanical & Electrical:
-Air Conditioning 39,250,800,000 15,700,320,000 23,550,480,000 39,250,800,000
-Telephone System (PABX) 654,180,000 261,672,000 392,508,000 654,180,000
-Water Supply & Water Treatment Plant 1,635,450,000 654,180,000 981,270,000 1,635,450,000
-Electrical & Plumbing Instalation 22,896,300,000 9,158,520,000 13,737,780,000 22,896,300,000
-Sound System 11,121,060,000 4,448,424,000 6,672,636,000 11,121,060,000
-Ligthning Equipment 6,541,800,000 2,616,720,000 3,925,080,000 6,541,800,000
-Water Springler & Fire Exthinguist 5,233,440,000 2,093,376,000 3,140,064,000 5,233,440,000
-Fire Detector 3,270,900,000 1,308,360,000 1,962,540,000 3,270,900,000
-Elevator & Eskalator 3,925,080,000 1,570,032,000 2,355,048,000 3,925,080,000

Computer Hardware 1,635,450,000 654,180,000 981,270,000 1,635,450,000

Computer System 1,308,360,000 523,344,000 785,016,000 1,308,360,000
Fixture & Furniture 9,812,700,000 3,925,080,000 5,887,620,000 9,812,700,000
Office Equipment 654,180,000 261,672,000 392,508,000 654,180,000
Bar,Rest,& Kitchen Utensil 13,083,600,000 5,233,440,000 7,850,160,000 13,083,600,000
Bar & Kitchen Equipment 16,354,500,000 6,541,800,000 9,812,700,000 16,354,500,000
Uniform 327,090,000 130,836,000 196,254,000 327,090,000
Vehicles 1,308,360,000 523,344,000 785,016,000 1,308,360,000

Total Fixed Cost 220,785,750,000 112,846,050,000 107,939,700,000 220,785,750,000

Pre Operating Cost
==> Pre Opening Expenses 2,500,000,000 2,500,000,000 2,500,000,000
==> I D C
Biaya Relokasi Perum Wisma Karya 13,500,000,000 13,500,000,000 13,500,000,000
Feasibility Study Consultant Fee 350,000,000 350,000,000 350,000,000
Planning & Designed Building Consultan Fee 3,000,000,000 3,000,000,000 3,000,000,000
Biaya Recruitment Employee 150,000,000 150,000,000 150,000,000

Total Pre Operating Cost 19,500,000,000 17,000,000,000 2,500,000,000 19,500,000,000

Total Project Cost 240,285,750,000 129,846,050,000 110,439,700,000 240,285,750,000

Total Project Loan 240,285,750,000
Appendix No : TA-3d
Name of Project : Convention Center Development
Analisa : Wedding Ceremony Room Rent Tabel
(Set Up Menu)
Welcome Drink Clasification of Income 500
Capacity US$ Price/person US$ Price/person Rp Price Room Revenue Food Revenue Free Room Couples Total Revenue
< 500 12 1 8,500 Rp 13,838 Rp 55,352 Rp 2,768
500 sd 900 11 1 8,500 Rp 27,676,000 Rp 1,383,800 Rp 34,595,000
1000 sd 1500 10 1 8,500 Rp 11,070
Rp 5,535,200 Rp 27,676,000 Rp 1,383,800 Rp 34,595,000
Capacity US$ 1 Rp Price Tax,Serv,&Com Income Extra Serv.Cost Extra Serv.Cost Nett Income Extra Income Grand Total Profit Share (20%)
< 500 8500 Rp 102,000 Rp 26,520 Rp 75,480
500 sd 900 Rp 93,500 Rp 24,310 Rp 69,190 Stage Decoration & Live Band & MC For dinner price US $ 5 add
1000 sd 1500 Rp 85,000 Rp 22,100 Rp 62,900 Limousine
VIP Package & 500 peoples Rp 46,750,000 Rp 12,155,000 Rp 34,595,000 Rp 3,000,000 Rp 3,500,000 Rp 28,095,000 Rp 4,250,000 Rp 32,345,000 Rp 6,469,000

(Prasmanan)
Welcome Drink Clasification of Income 500
Capacity US$ Price/person US$ Price/person Rp Price Room Revenue Food Revenue Free Room Couples Total Revenue
< 500 11 1 8,500 Rp 12,580 Rp 50,320 Rp 2,516
500 sd 900 10 1 8,500 Rp 25,160,000 Rp 1,258,000 Rp 31,450,000
1000 sd 1500 9 1 8,500 Rp 10,064
Rp 5,032,000 Rp 25,160,000 Rp 1,258,000 Rp 31,450,000
Capacity US$ 1 Rp Price Tax,Serv,&Com Income Extra Serv.Cost Extra Serv.Cost Nett Income Extra Income Grand Total Profit Share (20%)
< 500 8500 Rp 93,500 Rp 24,310 Rp 69,190
500 sd 900 Rp 85,000 Rp 22,100 Rp 62,900 Stage Decoration & Live Band & MC For dinner, add charge US $ 5
1000 sd 1500 Rp 76,500 Rp 19,890 Rp 56,610 Limousine
VIP Package & 500 peoples Rp 42,500,000 Rp 11,050,000 Rp 31,450,000 Rp 3,000,000 Rp 3,500,000 Rp 24,950,000 Rp 4,250,000 Rp 29,200,000 Rp 5,840,000
Sheet 2

Appendix No : TA-3e
Name of Project : Convention Center Development
Analisa : Music Concert Room Rent Tabel
(Seat)
Member Qty Extra Bonus < 500 500 sd 900 1000 sd 1500
Class Package US$ Price(per person)
V VIP Drinks 17 15 13
VIP Drinks 15 13 10
I Drinks 13 10 8

Class Package US$ 1 Rp Price

V VIP 8500 Rp 144,500 Rp 127,500 Rp 110,500
VIP Rp 127,500 Rp 110,500 Rp 85,000
I Rp 110,500 Rp 85,000 Rp 68,000
VIP Package & 200 peoples Rp 25,500,000
Sheet 2
CONVENTION CENTER PROJECT - THE GBB
Appendix No : TA-6
Name of Project : Convention Center Development
Analysis : Cash Flow

Description Year-0 Year-1 Year-2 Year-3 Year-4 Year-5 Year-6 Year-7 Year-8

Net Profit
Depreciation / Amortization 3,796,221,667 3,796,221,667 2,017,055,000 2,017,055,000 2,017,055,000 2,081,164,640 2,081,164,640 1,871,827,040
Cash Flow From Operation (3,796,221,667) (3,796,221,667) (2,017,055,000) (2,017,055,000) (2,017,055,000) (2,081,164,640) (2,081,164,640) (1,871,827,040)
Working Capital Added (Net) 496,455,590 519,979,340 519,979,340 794,534,576 794,534,576 794,534,576 794,534,576 1,114,886,180
Net Cash Flow (4,292,677,257) (4,316,201,007) (2,537,034,340) (2,811,589,576) (2,811,589,576) (2,875,699,216) (2,875,699,216) (2,986,713,220)

Project Cost :
- Construction Cost 54,515,000,000
- Pre Opening Expenses (Include.IDC) 2,500,000,000

57,015,000,000
Sources of Fund:
-Equity
-Long Term Loan(Include IDC) 1.5%/bln 240,285,750,000 6,358,429,375
-Working Capital Loan

-Long Term Loan Repayment

-Working Capital Loan Repayment
-T O T A L - - - - -

NET CASH-IN (OUT) FLOW (4,292,677,257) (4,316,201,007) (2,537,034,340) (2,811,589,576) (2,811,589,576) (2,875,699,216) (2,875,699,216) (2,986,713,220)
BALANCED (ACCUMULATED) (4,292,677,257) (8,608,878,263) (11,145,912,603) (13,957,502,179) (16,769,091,755) (19,644,790,971) (22,520,490,187) (25,507,203,407)
Sheet 3
 Year-9 Year-10 Year-11 Year-12 Year-13 Year-14 Year-15

1,871,827,040 1,871,827,040 226,237,250 226,237,250 226,237,250 226,237,250 226,237,250

(1,871,827,040) (1,871,827,040) (226,237,250) (226,237,250) (226,237,250) (226,237,250) (226,237,250)
1,114,886,180 1,114,886,180 1,351,977,666 1,351,977,666 1,695,853,020 1,695,853,020 1,695,853,020
(2,986,713,220) (2,986,713,220) (1,578,214,916) (1,578,214,916) (1,922,090,270) (1,922,090,270) (1,922,090,270)

(2,986,713,220) (2,986,713,220) (1,578,214,916) (1,578,214,916) (1,922,090,270) (1,922,090,270) (1,922,090,270)

(28,493,916,627) (31,480,629,847) (33,058,844,763) (34,637,059,679) (36,559,149,949) (38,481,240,219) (40,403,330,489)
CONVENTION CENTER PROJECT - THE GBB
Appendix : TA-2
Name of Project : Convention Center Development
Analysis : Depreciation & Amortization

Description Initial Economic Depreciation

Cost Life(Year) Rate Year-1 Year-2 Year-3 Year-4 Year-5

Civil Works 54,515,000,000 20 5% 136,287,500 136,287,500 136,287,500 136,287,500 136,287,500

Landscape 5,451,500,000 20 1% 2,725,750 2,725,750 2,725,750 2,725,750 2,725,750
Art Works 21,806,000,000 15 6% 87,224,000 87,224,000 87,224,000 87,224,000 87,224,000

Mechanical & Electrical:

-Air Conditioning 39,250,800,000 10 6% 235,504,800 235,504,800 235,504,800 235,504,800 235,504,800
-Telephone System (PABX) 654,180,000 10 6% 3,925,080 3,925,080 3,925,080 3,925,080 3,925,080
-Water Supply & Water Treatment Plant 1,635,450,000 10 6% 9,812,700 9,812,700 9,812,700 9,812,700 9,812,700
-Electrical & Plumbing Instalation 22,896,300,000 10 6% 137,377,800 137,377,800 137,377,800 137,377,800 137,377,800
-Sound System 11,121,060,000 10 6% 66,726,360 66,726,360 66,726,360 66,726,360 66,726,360
-Ligthning Equipment 6,541,800,000 10 6% 39,250,800 39,250,800 39,250,800 39,250,800 39,250,800
-Water Springler & Fire Exthinguist 5,233,440,000 10 7% 36,634,080 36,634,080 36,634,080 36,634,080 36,634,080
-Fire Detector 3,270,900,000 10 7% 22,896,300 22,896,300 22,896,300 22,896,300 22,896,300
-Elevator & Eskalator 3,925,080,000 10 7% 27,475,560 27,475,560 27,475,560 27,475,560 27,475,560
Computer Hardware 1,635,450,000 10 7% 11,448,150 11,448,150 11,448,150 11,448,150 11,448,150
Computer System 1,308,360,000 10 7% 9,158,520 9,158,520 9,158,520 9,158,520 9,158,520
Fixture & Furniture 9,812,700,000 7 14% 196,254,000 196,254,000 196,254,000 196,254,000 196,254,000
Bar,Rest,& Kitchen Utensil 13,083,600,000 5 16% 418,675,200 418,675,200 418,675,200 418,675,200 418,675,200
Office Equipment 654,180,000 7 14% 13,083,600 13,083,600 13,083,600 13,083,600 13,083,600
Bar & Kitchen Equipment 16,354,500,000 5 16% 523,344,000 523,344,000 523,344,000 523,344,000 523,344,000
Vechiles 1,308,360,000 5 15% 39,250,800 39,250,800 39,250,800 39,250,800 39,250,800
Uniform 327,090,000 3 20% 21,806,000 21,806,000 21,806,000

Total Depereciation Expenses 2,017,055,000 2,017,055,000 2,017,055,000 2,017,055,000 2,017,055,000

Pre Operating Cost
==>Pre Opening Expenses 250,000,000 3 35% 29,166,667 29,166,667 29,166,667
==>I D C 3 35%
Biaya Relokasi Perum Wisma Karya 13,500,000,000 3 35% 1,575,000,000 1,575,000,000 1,575,000,000
Feasibility Study Consultant Fee 350,000,000 3 35% 40,833,333 40,833,333 40,833,333
Planning & Designed Building Consultan Fee 1,000,000,000 3 35% 116,666,667 116,666,667 116,666,667
Biaya Recruitment Employee 150,000,000 3 35% 17,500,000 17,500,000 17,500,000
Total Amortization Expenses 1,779,166,667 1,779,166,667 1,779,166,667
Accumulative Depreciation Expenses 2,017,055,000 4,034,110,000 6,051,165,000 8,068,220,000 10,085,275,000
Accumulative Amortization Expenses 1,779,166,667 3,558,333,333 3,558,333,333
Total Depreciation & Amortization 3,796,221,667 3,796,221,667 2,017,055,000 2,017,055,000 2,017,055,000
Sheet 4
 Total Deprec. &
Year-6 Year-7 Year-8 Year-9 Year-10 Year-11 Year-12 Year-13 Year-14 Year-15 Amortization

136,287,500 136,287,500 136,287,500 136,287,500 136,287,500 136,287,500 136,287,500 136,287,500 136,287,500 136,287,500 2,044,312,500
2,725,750 2,725,750 2,725,750 2,725,750 2,725,750 2,725,750 2,725,750 2,725,750 2,725,750 2,725,750 40,886,250
87,224,000 87,224,000 87,224,000 87,224,000 87,224,000 87,224,000 87,224,000 87,224,000 87,224,000 87,224,000
1,308,360,000

235,504,800 235,504,800 235,504,800 235,504,800 235,504,800

3,925,080 3,925,080 3,925,080 3,925,080 3,925,080
9,812,700 9,812,700 9,812,700 9,812,700 9,812,700 39,250,800
137,377,800 137,377,800 137,377,800 137,377,800 137,377,800
1,112,106,000 1,112,106,000 1,112,106,000 1,112,106,000 1,112,106,000 1,373,778,000
39,250,800 39,250,800 39,250,800 39,250,800 39,250,800 5,894,161,800
36,634,080 36,634,080 36,634,080 36,634,080 36,634,080 392,508,000
22,896,300 22,896,300 22,896,300 22,896,300 22,896,300
27,475,560 27,475,560 27,475,560 27,475,560 27,475,560
11,448,150 11,448,150 11,448,150 11,448,150 11,448,150 114,481,500
9,158,520 9,158,520 9,158,520 9,158,520 9,158,520 91,585,200
196,254,000 196,254,000 1,373,778,000
2,093,376,000
13,083,600 13,083,600 91,585,200
2,616,720,000
196,254,000
65,418,000

2,081,164,640 2,081,164,640 1,871,827,040 1,871,827,040 1,871,827,040 226,237,250 226,237,250 226,237,250 226,237,250 226,237,250 14,858,063,250

58,333,333

81,666,667
233,333,333
35,000,000
408,333,333
12,166,439,640 14,247,604,280 16,119,431,320 17,991,258,360 19,863,085,400 20,089,322,650 20,315,559,900 20,541,797,150 20,768,034,400 20,994,271,650

2,081,164,640 2,081,164,640 1,871,827,040 1,871,827,040 1,871,827,040 226,237,250 226,237,250 226,237,250 226,237,250 226,237,250
 Total Salvage
Project Cost Value

54,515,000,000 52,470,687,500
5,451,500,000 5,410,613,750
-
21,806,000,000 20,497,640,000
-
-
-
654,180,000 614,929,200
-
22,896,300,000 21,522,522,000
11,121,060,000 5,226,898,200
6,541,800,000 6,149,292,000

1,635,450,000 1,520,968,500
91,585,200
9,812,700,000 8,438,922,000
13,083,600,000 10,990,224,000
654,180,000 562,594,800
2,616,720,000
196,254,000
65,418,000

148,263,355,200 133,405,291,950

100,002,500 41,669,167
89,622,302 89,622,302
-
350,000,000 268,333,333
1,000,000,000 766,666,667
150,000,000 115,000,000
1,689,624,802 1,281,291,469
CONVENTION CENTER PROJECT - THE GBB
Appendix No : TA-5
Name of Project :Convention Center Development
Analysis : Working Capital

Description Year-1 Year-2 Year-3 Year-4 Year-5 Year-6 Year-7 Year-8

Revenues 4,853,500,000 5,083,000,000 5,083,000,000 7,765,600,000 7,765,600,000 7,765,600,000 7,765,600,000 10,897,000,000

Term of Revenues :
- Cash Revenue 80% 3,882,800,000 4,066,400,000 4,066,400,000 6,212,480,000 6,212,480,000 6,212,480,000 6,212,480,000 8,717,600,000
- Credit Card (10 Days) 45% 436,815,000 457,470,000 457,470,000 698,904,000 698,904,000 698,904,000 698,904,000 980,730,000
- All Others Credit (1 Month) 5% 36,401,250 38,122,500 38,122,500 58,242,000 58,242,000 58,242,000 58,242,000 81,727,500
Total Revenue 4,356,016,250 4,561,992,500 4,561,992,500 6,969,626,000 6,969,626,000 6,969,626,000 6,969,626,000 9,780,057,500
Account Receivable 497,483,750 521,007,500 521,007,500 795,974,000 795,974,000 795,974,000 795,974,000 1,116,942,500

Inventory :
- Food & Beverage Cost 642,600,000 642,600,000 642,600,000 899,640,000 899,640,000 899,640,000 899,640,000 1,285,200,000
- Inventory 4% 25,704,000 25,704,000 25,704,000 35,985,600 35,985,600 35,985,600 35,985,600 51,408,000
Purchasing Food & Beverage 668,304,000 668,304,000 668,304,000 935,625,600 935,625,600 935,625,600 935,625,600 1,336,608,000
Account Payable 4% 26,732,160 26,732,160 26,732,160 37,425,024 37,425,024 37,425,024 37,425,024 53,464,320

Net Working Capital 496,455,590 519,979,340 519,979,340 794,534,576 794,534,576 794,534,576 794,534,576 1,114,886,180
Increasing in Net Working Capital 496,455,590 1,016,434,930 1,536,414,270 2,330,948,846 3,125,483,422 3,920,017,998 4,714,552,574 5,829,438,754
Sheet 5
 Year-9 Year-10 Year-11 Year-12 Year-13 Year-14 Year-15

10,897,000,000 10,897,000,000 13,214,100,000 13,214,100,000 16,575,000,000 16,575,000,000 16,575,000,000

8,717,600,000 8,717,600,000 10,571,280,000 10,571,280,000 13,260,000,000 13,260,000,000 13,260,000,000

980,730,000 980,730,000 1,189,269,000 1,189,269,000 1,491,750,000 1,491,750,000 1,491,750,000
81,727,500 81,727,500 99,105,750 99,105,750 124,312,500 124,312,500 124,312,500
9,780,057,500 9,780,057,500 11,859,654,750 11,859,654,750 14,876,062,500 14,876,062,500 14,876,062,500
1,116,942,500 1,116,942,500 1,354,445,250 1,354,445,250 1,698,937,500 1,698,937,500 1,698,937,500

1,285,200,000 1,285,200,000 1,542,240,000 1,542,240,000 1,927,800,000 1,927,800,000 1,927,800,000

51,408,000 51,408,000 61,689,600 61,689,600 77,112,000 77,112,000 77,112,000
1,336,608,000 1,336,608,000 1,603,929,600 1,603,929,600 2,004,912,000 2,004,912,000 2,004,912,000
53,464,320 53,464,320 64,157,184 64,157,184 80,196,480 80,196,480 80,196,480

1,114,886,180 1,114,886,180 1,351,977,666 1,351,977,666 1,695,853,020 1,695,853,020 1,695,853,020

6,944,324,934 8,059,211,114 9,411,188,780 10,763,166,446 12,459,019,466 14,154,872,486 15,850,725,506
CONVENTION CENTER PROJECT - THE GBB
Appendix :TA-4c
Name of Project :Convention Center Development
Analysis :Taxation Calculation
Year-1 Year-2
DESCRIPTION REVENUES PB I PPN Services Tax REVENUES PB I PPN Services Tax
11% 10% 10% 11% 10% 10%

- International Conferences Rp 595,000,000 595,000,000

Tax 65,450,000 59,500,000 65,450,000.00 59,500,000.00
- Local Conferences Rp 340,000,000 340,000,000
Tax 37,400,000 34,000,000 37,400,000.00 34,000,000.00
- Wedding Services Rp 1,836,000,000 1,836,000,000
Tax 201,960,000 183,600,000 201,960,000 183,600,000
- Music Concert Rp - -
Tax - - - -
- Exhibition Rp 229,500,000 459,000,000
Tax 25,245,000 22,950,000 50,490,000 45,900,000
- Other Room Rental Rp 2,448,000,000 2,448,000,000
Tax 269,280,000 244,800,000 269,280,000 244,800,000

Total Revenues 5,448,500,000 599,335,000 544,850,000 5,678,000,000 624,580,000 567,800,000

Tax for PB I 11.0% Tax for PB I 11.0%
Tax for PPN Tax for PPN
Tax for Services 10.0% Tax for Services 10.0%
Total Tax Averages 21.0% Total Tax Averages 21.0%
Total Tax Values 1,144,185,000 Total Tax Values 1,192,380,000
BOWLING CENTRE THE GRAND BALI BEACH
Appendix :TA-4c
Name of Project :Bowling Centre The GBB
Analysis :Taxation Calculation
Year-1 Year-2
DESCRIPTION REVENUES PB I PPN Tax Services REVENUES PB I PPN Tax Services
11% 10% 10% 11% 10% 10%

Game Sales - -
Tax - - - -
F & B Sales - -
Tax - - - -
Pro Shop Sales - -
Tax - -
Game Room - - - -
Tax - -
Bowling Clinic - - -
Tax -
Other Income - -
Tax - - - -
Total Revenues - - - - - - - -
Tax for PB I #DIV/0! #DIV/0!
Tax for PPN #DIV/0! #DIV/0!
Tax for Services #DIV/0! #DIV/0!
Total Tax Averages #DIV/0! #DIV/0!
Total Tax Values - -
Sheet 6
CONVENTION CENTER PROJECT - THE GBB
Appendix No :TA-7
Name of Project :Convention Center Development
Analysis : Balance Sheet

Description Year-0 Year-1 Year-2 Year-3 Year-4 Year-5 Year-6 Year-7 Year-8 Year-9 Year-10 Year-11 Year-12
Current Assets :
- Cash 3,882,800,000 4,066,400,000 4,066,400,000 6,212,480,000 6,212,480,000 6,212,480,000 6,212,480,000 8,717,600,000 8,717,600,000 8,717,600,000 10,571,280,000 10,571,280,000
- Account Receivable 497,483,750 521,007,500 521,007,500 795,974,000 795,974,000 795,974,000 795,974,000 1,116,942,500 1,116,942,500 1,116,942,500 1,354,445,250 1,354,445,250
- Inventory 25,704,000 25,704,000 25,704,000 35,985,600 35,985,600 35,985,600 35,985,600 51,408,000 51,408,000 51,408,000 61,689,600 61,689,600
Total Current Assets 4,405,987,750 4,613,111,500 4,613,111,500 7,044,439,600 7,044,439,600 7,044,439,600 7,044,439,600 9,885,950,500 9,885,950,500 9,885,950,500 11,987,414,850 11,987,414,850

Fixed Assets :
Civil Works 54,515,000,000 54,515,000,000 54,515,000,000 54,515,000,000 54,515,000,000 54,515,000,000 54,515,000,000 54,515,000,000 54,515,000,000 54,515,000,000 54,515,000,000 54,515,000,000 54,515,000,000
Landscape 5,451,500,000 5,451,500,000 5,451,500,000 5,451,500,000 5,451,500,000 5,451,500,000 5,451,500,000 5,451,500,000 5,451,500,000 5,451,500,000 5,451,500,000 5,451,500,000 5,451,500,000
Art Works 21,806,000,000 21,806,000,000 21,806,000,000 21,806,000,000 21,806,000,000 21,806,000,000 21,806,000,000 21,806,000,000 21,806,000,000 21,806,000,000 21,806,000,000 21,806,000,000 21,806,000,000

Mechanical & Electrical:

-Telephone System (PABX) 39,250,800,000 39,250,800,000 39,250,800,000 39,250,800,000 39,250,800,000 39,250,800,000 39,250,800,000 39,250,800,000 39,250,800,000 39,250,800,000 39,250,800,000 39,250,800,000 39,250,800,000
-Water Supply & Water Treatment Plant 654,180,000 654,180,000 654,180,000 654,180,000 654,180,000 654,180,000 654,180,000 654,180,000 654,180,000 654,180,000 654,180,000 654,180,000 654,180,000
-Electrical & Plumbing Instalation 22,896,300,000 22,896,300,000 22,896,300,000 22,896,300,000 22,896,300,000 22,896,300,000 22,896,300,000 22,896,300,000 22,896,300,000 22,896,300,000 22,896,300,000 22,896,300,000 22,896,300,000
-Sound System 11,121,060,000 11,121,060,000 11,121,060,000 11,121,060,000 11,121,060,000 11,121,060,000 11,121,060,000 11,121,060,000 11,121,060,000 11,121,060,000 11,121,060,000 11,121,060,000 11,121,060,000
-Ligthning Equipment 6,541,800,000 6,541,800,000 6,541,800,000 6,541,800,000 6,541,800,000 6,541,800,000 6,541,800,000 6,541,800,000 6,541,800,000 6,541,800,000 6,541,800,000 6,541,800,000 6,541,800,000
-Water Springler & Fire Exthinguist 5,233,440,000 5,233,440,000 5,233,440,000 5,233,440,000 5,233,440,000 5,233,440,000 5,233,440,000 5,233,440,000 5,233,440,000 5,233,440,000 5,233,440,000 5,233,440,000 5,233,440,000
-Fire Detector 3,270,900,000 3,270,900,000 3,270,900,000 3,270,900,000 3,270,900,000 3,270,900,000 3,270,900,000 3,270,900,000 3,270,900,000 3,270,900,000 3,270,900,000 3,270,900,000 3,270,900,000
-Elevator & Eskalator 3,925,080,000 3,925,080,000 3,925,080,000 3,925,080,000 3,925,080,000 3,925,080,000 3,925,080,000 3,925,080,000 3,925,080,000 3,925,080,000 3,925,080,000 3,925,080,000 3,925,080,000
Computer Hardware 1,635,450,000 1,635,450,000 1,635,450,000 1,635,450,000 1,635,450,000 1,635,450,000 1,635,450,000 1,635,450,000 1,635,450,000 1,635,450,000 1,635,450,000 1,635,450,000 1,635,450,000
Computer System 1,308,360,000 1,308,360,000 1,308,360,000 1,308,360,000 1,308,360,000 1,308,360,000 1,308,360,000 1,308,360,000 1,308,360,000 1,308,360,000 1,308,360,000 1,308,360,000 1,308,360,000
Fixture & Furniture 9,812,700,000 9,812,700,000 9,812,700,000 9,812,700,000 9,812,700,000 9,812,700,000 9,812,700,000 9,812,700,000 9,812,700,000 9,812,700,000 9,812,700,000 9,812,700,000 9,812,700,000
Bar,Rest,& Kitchen Utensil 13,083,600,000 13,083,600,000 13,083,600,000 13,083,600,000 13,083,600,000 13,083,600,000 13,083,600,000 13,083,600,000 13,083,600,000 13,083,600,000 13,083,600,000 13,083,600,000 13,083,600,000
Office Equipment 654,180,000 654,180,000 654,180,000 654,180,000 654,180,000 654,180,000 654,180,000 654,180,000 654,180,000 654,180,000 654,180,000 654,180,000 654,180,000
Bar & Kitchen Equipment 16,354,500,000 16,354,500,000 16,354,500,000 16,354,500,000 16,354,500,000 16,354,500,000 16,354,500,000 16,354,500,000 16,354,500,000 16,354,500,000 16,354,500,000 16,354,500,000 16,354,500,000
Uniform 327,090,000 327,090,000 327,090,000 327,090,000 327,090,000 327,090,000 327,090,000 327,090,000 327,090,000 327,090,000 327,090,000 327,090,000 327,090,000
Vehicles 1,308,360,000 1,308,360,000 1,308,360,000 1,308,360,000 1,308,360,000 1,308,360,000 1,308,360,000 1,308,360,000 1,308,360,000 1,308,360,000 1,308,360,000 1,308,360,000 1,308,360,000
Total Fixed Assets 177,609,870,000 219,150,300,000 219,150,300,000 219,150,300,000 219,150,300,000 219,150,300,000 219,150,300,000 219,150,300,000 219,150,300,000 219,150,300,000 219,150,300,000 219,150,300,000 219,150,300,000
Accumulated Depreciation 2,017,055,000 4,034,110,000 6,051,165,000 8,068,220,000 10,085,275,000 12,166,439,640 14,247,604,280 16,119,431,320 17,991,258,360 19,863,085,400 20,089,322,650 20,315,559,900
Net Fixed Assets 177,609,870,000 217,133,245,000 215,116,190,000 213,099,135,000 211,082,080,000 209,065,025,000 206,983,860,360 204,902,695,720 203,030,868,680 201,159,041,640 199,287,214,600 199,060,977,350 198,834,740,100

Intangible Assets :
==> Pre Opening Expenses 355,000,000 355,000,000 355,000,000 355,000,000 355,000,000 355,000,000 355,000,000 355,000,000 355,000,000 355,000,000 355,000,000 355,000,000 355,000,000
==> I D C - - - - - - - - - - - - -
==> Biaya Recruitment Employee 50,000,000 50,000,000 50,000,000 50,000,000 50,000,000 50,000,000 50,000,000 50,000,000 50,000,000 50,000,000 50,000,000 50,000,000 50,000,000
==> Planning & Designed Building Consultan Fee 15,000,000 15,000,000 15,000,000 15,000,000 15,000,000 15,000,000 15,000,000 15,000,000 15,000,000 15,000,000 15,000,000 15,000,000 15,000,000
==> Feasibility Study Consultant Fee 12,000,000 12,000,000 12,000,000 12,000,000 12,000,000 12,000,000 12,000,000 12,000,000 12,000,000 12,000,000 12,000,000 12,000,000 12,000,000
Total Intangible Assets 432,000,000 432,000,000 432,000,000 432,000,000 432,000,000 432,000,000 432,000,000 432,000,000 432,000,000 432,000,000 432,000,000 432,000,000 432,000,000
Accumulation Amortization 3,558,333,333 3,558,333,333 - - - - - - - - -
Net Intangible Assets 432,000,000 432,000,000 (3,126,333,333) (3,126,333,333) 432,000,000 432,000,000 432,000,000 432,000,000 432,000,000 432,000,000 432,000,000 432,000,000 432,000,000

Total Assets 178,041,870,000 217,565,245,000 211,989,856,667 209,972,801,667 211,514,080,000 209,497,025,000 207,415,860,360 205,334,695,720 203,462,868,680 201,591,041,640 199,719,214,600 199,492,977,350 199,266,740,100
Current Liabilities :
==> Account Payable 26,732,160 26,732,160 26,732,160 37,425,024 37,425,024 37,425,024 37,425,024 53,464,320 53,464,320 53,464,320 64,157,184 64,157,184 80,196,480
==> Working Capital Loan
Total Current Liabilities 26,732,160 26,732,160 26,732,160 37,425,024 37,425,024 37,425,024 37,425,024 53,464,320 53,464,320 53,464,320 64,157,184 64,157,184 80,196,480

Long Term Debt 240,285,750,000 6,358,429,375 9,014,644,063 11,670,858,750 11,670,858,750 15,920,799,651 24,775,245,468

Equity & Earnings :

==> Equity 178,041,870,000 211,180,083,465 202,948,480,444 198,264,517,893 199,805,796,226 193,538,800,325 182,603,189,868 205,281,231,400 203,409,404,360 201,537,577,320 199,655,057,416 199,428,820,166 199,186,543,620
==> Retamed Earnings 2,362,200,590 552,269,340 (1,475,478,524) (1,061,205,424) (3,078,260,424) (5,159,425,064) (7,256,629,000) (6,286,945,140) (8,158,772,180) (10,041,292,084) (8,166,064,984) (8,408,341,530)
Total Equity & Earnings 213,542,284,055 203,500,749,784 196,789,039,369 198,744,590,802 190,460,539,901 177,443,764,804 198,024,602,400 197,122,459,220 193,378,805,140 189,613,765,332 191,262,755,182 190,778,202,090

Total Liabilities & Earnings 178,041,870,000 217,565,245,000 211,989,856,667 209,972,801,667 211,514,080,000 209,497,025,000 207,415,860,360 205,334,695,720 203,462,868,680 201,591,041,640 199,719,214,600 199,492,977,350 199,266,740,100
Sheet 7
 Year-13 Year-14 Year-15

13,260,000,000 13,260,000,000 13,260,000,000

1,698,937,500 1,698,937,500 1,698,937,500
77,112,000 77,112,000 77,112,000
15,036,049,500 15,036,049,500 15,036,049,500

54,515,000,000 54,515,000,000 54,515,000,000

5,451,500,000 5,451,500,000 5,451,500,000
21,806,000,000 21,806,000,000 21,806,000,000

39,250,800,000 39,250,800,000 39,250,800,000

654,180,000 654,180,000 654,180,000
22,896,300,000 22,896,300,000 22,896,300,000
11,121,060,000 11,121,060,000 11,121,060,000
6,541,800,000 6,541,800,000 6,541,800,000
5,233,440,000 5,233,440,000 5,233,440,000
3,270,900,000 3,270,900,000 3,270,900,000
3,925,080,000 3,925,080,000 3,925,080,000
1,635,450,000 1,635,450,000 1,635,450,000
1,308,360,000 1,308,360,000 1,308,360,000
9,812,700,000 9,812,700,000 9,812,700,000
13,083,600,000 13,083,600,000 13,083,600,000
654,180,000 654,180,000 654,180,000
16,354,500,000 16,354,500,000 16,354,500,000
327,090,000 327,090,000 327,090,000
1,308,360,000 1,308,360,000 1,308,360,000
219,150,300,000 219,150,300,000 219,150,300,000
20,541,797,150 20,768,034,400 20,994,271,650
198,608,502,850 198,382,265,600 198,156,028,350

355,000,000 355,000,000 355,000,000

- - -
50,000,000 50,000,000 50,000,000
15,000,000 15,000,000 15,000,000
12,000,000 12,000,000 12,000,000
432,000,000 432,000,000 432,000,000
- - -
432,000,000 432,000,000 432,000,000

199,040,502,850 198,814,265,600 198,588,028,350

80,196,480 80,196,480 80,196,480

80,196,480 80,196,480 80,196,480

198,960,306,370 198,734,069,120 198,507,831,870

(5,585,944,130) (5,812,181,380) (6,038,418,630)
193,374,362,240 192,921,887,740 192,469,413,240

199,040,502,850 198,814,265,600 198,588,028,350

CONVENTION CENTER PROJECT - THE GBB
Appendix No : TA-8
Name of Project :Convention Center Development
Analysis : Internal Rate of Return

Description Year-0 Year-1 Year-2 Year-3 Year-4 Year-5 Year-6 Year-7 Year-8 Year-9 Year-10 Year-11 Year-12 Year-13 Year-14 Year-15

1. Earning Before Depre. & Amorti. 3,613,919,500 3,817,486,000 3,815,191,000 5,910,791,200 5,910,791,200 5,910,791,200 5,910,791,200 8,271,469,000 8,271,469,000 8,271,469,000 10,046,525,700 10,046,525,700 12,608,475,000 12,608,475,000 12,608,475,000
2. Depreciation & Amortization 3,796,221,667 3,796,221,667 2,017,055,000 2,017,055,000 2,017,055,000 2,081,164,640 2,081,164,640 1,871,827,040 1,871,827,040 1,871,827,040 226,237,250 226,237,250 226,237,250 226,237,250 226,237,250
3. Earning Before tax & Interest (1-2) (182,302,167) 21,264,333 1,798,136,000 3,893,736,200 3,893,736,200 3,829,626,560 3,829,626,560 6,399,641,960 6,399,641,960 6,399,641,960 9,820,288,450 9,820,288,450 12,382,237,750 12,382,237,750 12,382,237,750
4. Tax, Services, & Comission (26%) 1,261,910,000 1,321,580,000 1,321,580,000 2,019,056,000 2,019,056,000 2,019,056,000 2,019,056,000 2,833,220,000 2,833,220,000 2,833,220,000 3,435,666,000 3,435,666,000 4,309,500,000 4,309,500,000 4,309,500,000
5. Interest 9,287,460,489 2,703,214,688 5,406,429,375 8,109,644,063 10,812,858,750 15,610,799,651 24,490,245,468 - - - -
6. Net Income (3-4-5) (4,147,426,854) (6,706,745,042) (7,633,088,063) (8,938,178,550) (13,736,119,451) (22,679,674,908) 1,810,570,560 3,566,421,960 3,566,421,960 3,566,421,960 6,384,622,450 6,384,622,450 8,072,737,750 8,072,737,750 8,072,737,750
7. Cash Flow (6+5+4+2) 3,613,919,500 3,817,486,000 3,815,191,000 5,910,791,200 5,910,791,200 5,910,791,200 5,910,791,200 8,271,469,000 8,271,469,000 8,271,469,000 10,046,525,700 10,046,525,700 12,608,475,000 12,608,475,000 12,608,475,000
8. Capital Investment - - - - - - - - - - - - -
9. Working Capital 496,455,590 519,979,340 519,979,340 794,534,576 794,534,576 794,534,576 794,534,576 1,114,886,180 1,114,886,180 1,114,886,180 1,351,977,666 1,351,977,666 1,695,853,020 1,695,853,020 1,695,853,020
10. Salvage Value -
11. Working Capital Recovery 184,357,066
12. Net Cash Flow (7-8-9+10+11) 3,117,463,910 3,297,506,660 3,295,211,660 5,116,256,624 5,116,256,624 5,116,256,624 5,116,256,624 7,156,582,820 7,156,582,820 7,156,582,820 8,694,548,034 8,694,548,034 10,912,621,980 10,912,621,980 11,096,979,046
13. Discount Factor 1.000 0.909 0.826 0.751 0.683 0.620 0.564 0.513 0.466 0.424 0.385 0.350 0.318 0.289 0.263 0.239
14. Present Value (12X13) 2,833,774,694 2,723,740,501 2,474,703,957 3,494,403,274 3,172,079,107 2,885,568,736 2,624,639,648 3,334,967,594 3,034,391,116 2,755,284,386 3,043,091,812 2,764,866,275 3,153,747,752 2,870,019,581 2,652,177,992

NPV Pada DF= 10% 92,827,379,990

Internal Rate of Return ( IRR ) 61.40%
Sheet 8

NPV Calculation of Disc. Factor 10% Year-0 Year-1 Year-2 Year-3 Year-4 Year-5 Year-6 Year-7 Year-8 Year-9 Year-10 Year-11 Year-12 Year-13 Year-14 Year-15 Total PV Proceeds
Description:
-DF 10% 0.909 0.826 0.751 0.683 0.620 0.564 0.513 0.466 0.424 0.385 0.350 0.318 0.289 0.263 0.239
-Proceeds 8,851,445,854 11,698,557,042 12,620,310,063 16,721,648,950 21,521,590,851 30,463,145,308 5,972,899,840 7,310,076,040 7,310,076,040 7,310,076,040 6,837,096,950 6,837,096,950 8,525,212,250 8,525,212,250 8,525,212,250
-PV from Proceeds 8,045,964,281 9,663,008,116 9,477,852,857 11,420,886,233 13,343,386,327 17,181,213,954 3,064,097,618 3,406,495,435 3,099,472,241 2,814,379,275 2,392,983,933 2,174,196,830 2,463,786,340 2,242,130,822 2,037,525,728 92,827,379,990
-Initial Invest -
92,827,379,990
-NPV
Description:
-Dg Disc.Factor (DF) sebesar 10%
maka investasi tsb dpt menghasilkan
PV dr Proceeds yg lebih bsr drpd PV
dr pengeluaran modalnya shg NPVnya
positif.Maka investasi tsb dpt diterima.
-Profitability Index (PI) 1
Description:
-Dg nilai PI yg lbh besar dari 1,maka in
vestasi tsb dapat diterima.

Internal Rate Of Return (IRR) Calculation:

Proceeds Year Tingkat Bunga 20% Tingkat Bunga 30% Tingkat Bunga 40% Tingkat Bunga 60% Calculation of "r" (interest level of equal PV comparising Description
DF PV DF PV DF PV DF PV PV Proceeds to PV Invesment being equal)
8,851,445,854 1 0.833 7,373,254,397 0.769 6,806,761,862 0.714 6,319,932,340 0.625 5,532,153,659 -Penggunaan beberapa tingkat bunga yang di
11,698,557,042 2 0.694 8,118,798,587 0.592 6,925,545,769 0.510 5,966,264,091 0.391 4,574,135,803 r = P1-C1 * P2-P1 pilih bertujuan untuk mendapatkan NPV yang
12,620,310,063 3 0.578 7,294,539,216 0.455 5,742,241,078 0.364 4,593,792,863 0.244 3,079,355,655 C2-C1 mendekati nol (0) karena bila NPVnya mende
16,721,648,950 4 0.482 8,059,834,794 0.350 5,852,577,133 0.260 4,347,628,727 0.153 2,558,412,289 r = Internal Rate of Return kati nol berarti rate of return yg dikehendaki
21,521,590,851 5 0.402 8,651,679,522 0.269 5,789,307,939 0.186 4,003,015,898 0.095 2,044,551,131 P1= Tingkat Bunga ke-2 terakhir sudah tercapai.
30,463,145,308 6 0.335 10,205,153,678 0.207 6,305,871,079 0.133 4,051,598,326 0.059 1,797,325,573 P2 = Tingkat Bunga ke -2 pertama
5,972,899,840 7 0.279 1,666,439,055 0.159 949,691,075 0.095 567,425,485 0.037 220,997,294 C1 = NPV ke-2 terakhir
7,310,076,040 8 0.233 1,703,247,717 0.123 899,139,353 0.068 497,085,171 0.023 168,131,749 C2 = NPV ke-2 pertama
7,310,076,040 9 0.194 1,418,154,752 0.094 687,147,148 0.048 350,883,650 0.015 109,651,141 P1 = 60%
7,310,076,040 10 0.162 1,184,232,318 0.073 533,635,551 0.035 255,852,661 0.009 65,790,684 P2 = 30%
6,837,096,950 11 0.135 923,008,088 0.056 382,877,429 0.025 170,927,424 0.005 34,185,485 C1 = 32889
6,837,096,950 12 0.112 765,754,858 0.043 293,995,169 0.018 123,067,745 0.003 20,511,291 C2 = 721962
8,525,212,250 13 0.093 792,844,739 0.033 281,332,004 0.013 110,827,759 0.002 17,050,425
8,525,212,250 14 0.078 664,966,556 0.025 213,130,306 0.009 76,726,910 0.001 8,525,212 r = 60 - 32889 * 30 - 60 -Kesimpulan: Bahwa internal rate of return se
8,525,212,250 15 0.065 554,138,796 0.019 161,979,033 0.006 51,151,274 - - 721962 - 32889 besar 61,4% NPV mendekati nol.
59,376,047,074 41,825,231,927 31,486,180,324 20,230,777,391 = 60 - (32889 * -30)
Initial Invesment: - - - - 689073
NPV: 59,376,047,074 41,825,231,927 31,486,180,324 20,230,777,391 = 60 + 1,4 =61,4%
 Description Price US$

Grand Opening & Operation Day per m2/Day 12 10 9

Prepare Opening & Closing the Exb. per m2/Day 9 8 7

Description US$ 1= Rupiah

8500
Grand Opening & Operation Day per m2/Day Rp 153,000,000 Rp 170,000,000 Rp 191,250,000
Prepare Opening & Closing the Exb. per m2/Day Rp 114,750,000 Rp 136,000,000 Rp 148,750,000
Asumption of Exb Room Rent Rp 267,750,000 Rp 306,000,000 Rp 340,000,000

CONVENTION CENTER PROJECT - THE GBB

Appendix No : TA-3d
Name of Project : Convention Center Development
Analysis : Long Term Debt Schedule

Quarterly Begin Loan Rate of Interest Repayment Ending Interest Annual

Per Year Balance Drawl Interest Expenses Schedule Balance (Accumulated) Interest

I/0 4.50% - -
II/0 4.50% - -
III/0
IV/0
1,570,032,000 - -

I/I 0 4.50% - - -
II/I 0 4.50% - - -
III/I 0 4.50% - - -
IV/I 0 4.50% - - -
392,508,000 -

I/2 0 4.50% - 236,250,000 -

II/2 0 4.50% - 236,250,000 -
III/2 0 4.50% - 236,250,000 -
IV/2 0 4.50% - 236,250,000 -
392,508,000 945,000,000 (552,492,000) 945,000,000 -

I/3 0 4.50% - 225,000,000 -

II/3 0 4.50% - 225,000,000 -
III/3 0 4.50% - 225,000,000 -
IV/3 0 4.50% - 225,000,000 -
392,508,000 900,000,000 (507,492,000) 900,000,000 -

I/4 0 4.50% - 212,500,000 -

II/4 0 4.50% - 212,500,000 -
III/4 0 4.50% - 212,500,000 -
IV/4 0 4.50% - 212,500,000 -
392,508,000 850,000,000 (457,492,000) 850,000,000 -
Total Loan must paid in 4 years 1,570,032,000 Total Repayment 2,695,000,000 (1,124,968,000)
I/5 0 4.50% - 75,000,000 -
II/5 0 4.50% - 75,000,000 -
 III/5 0 4.50% - 75,000,000 -
IV/5 0 4.50% - 75,000,000 -
(562,484,000) 300,000,000 (862,484,000) 300,000,000 -

I/6 0 4.50% - 68,750,000 -

II/6 0 4.50% - 68,750,000 -
III/6 0 4.50% - 68,750,000 -
IV/6 0 4.50% - 68,750,000 - 275,000,000
Sheet 2 (1,424,968,000) 275,000,000 (1,699,968,000) 575,000,000 -
Total Salvages Repayment (549,968,000)
SUPERMALL SBY
Appendix No : TA-1
Name of Project : Supermall Development
Analysis : Project Cost

Description Actual Cost Year-1 Total

Qtr-1 Qtr-2 Project Cost

Civil Works
Landscape
Art Works

Mechanical & Electrical:

-Air Conditioning
-Telephone System (PABX)
-Water Supply & Water Treatment Plant
-Electrical & Plumbing Instalation
-Sound System
-Ligthning Equipment
-Water Springler & Fire Exthinguist
-Fire Detector
-Elevator & Eskalator

Computer Hardware
Computer System
Fixture & Furniture
Office Equipment
Bar,Rest,& Kitchen Utensil
Bar & Kitchen Equipment
Uniform
Vehicles

Total Fixed Cost

Pre Operating Cost
==> Pre Opening Expenses
==> I D C
Feasibility Study Consultant Fee
Planning & Designed Building Consultan Fee
Biaya Recruitment Employee

Total Pre Operating Cost

Total Project Cost
Total Project Loan