Page 215 - 2021 Annual Report

The original financial statements included herein are in
Indonesian language.

PT KILANG PERTAMINA BALIKPAPAN PT KILANG PERTAMINA BALIKPAPAN
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Tanggal 31 Desember 2021 As of December 31, 2021
(Disajikan dalam US Dollar, (Expressed in US Dollar,
kecuali dinyatakan lain) unless otherwise stated)

21. PERJANJIAN DAN KOMITMEN SIGNIFIKAN 21. SIGNIFICANT AGREEMENTS AND
COMMITMENTS

Pada tanggal 30 Maret 2020 telah ditandatangani On March 30, 2020 a novation contract was signed,
novasi kontrak, yang berlaku efektif 15 hari setelah which is effective 15 days after signing the novation.
ditandatanganinya novasi tersebut. Novasi kontrak The contract Novation transferred the rights and
tersebut mengalihkan hak dan kewajiban atas obligations to the ISBL/OSBL EPC contract from
kontrak EPC ISBL/OSBL dari PT Pertamina PT Pertamina (Persero) to PT Kilang Pertamina
(Persero) ke PT Kilang Pertamina Balikpapan. Balikpapan. Based on the contract novation, the
Berdasarkan novasi kontrak tersebut, atas biaya costs associated with the EPC ISBL/OSBL project
sehubungan dengan proyek EPC ISBL/OSBL atas for New Units and Additional Units that have been
New Unit dan Additional Unit yang telah dibayarkan and have been capitalized into Asset Under
dan telah dikapitalisasi ke Asset Under Construction Construction (AUC) by PT Pertamina (Persero) are
(AUC) oleh PT Pertamina (Persero) kemudian then charged back to PT Kilang Pertamina
ditagihkan kembali ke PT Kilang Pertamina Balikpapan. As of December 31, 2020, the
Balikpapan. Pada tanggal 31 Desember 2020, Company has recorded accrual expenses for these
Perusahaan telah mencatat beban akrual atas biaya expenses, such as accrual expenses on advances
tersebut diantaranya beban akrual atas uang muka (Advance Payment) and AUC (Note 5 and 6).
(Advance Payment) dan AUC (Catatan 5 dan 6).

Selain kontrak EPC, pada tanggal 30 April 2020 In addition to the EPC contract, on April 30, 2020,
telah ditandatangani dan berlaku efektif atas novasi the novation of the Project Management Consultant
kontrak Project Management Consultant Services Services Contract from PT Pertamina (Persero) to
dari PT Pertamina (Persero) ke PT Kilang Pertamina PT Kilang Pertamina Balikpapan was signed and
Balikpapan, atas kontrak-kontrak lainnya yang become effective. Other contracts effective on
berlaku efektif pada 1 Mei 2020, juga telah May 1, 2020, have also been terminated from
diterminasi dari PT Pertamina (Persero) dan dibuat PT Pertamina (Persero) and made a new contract
kontrak baru dengan PT Kilang Pertamina with PT Kilang Pertamina Balikpapan. The
Balikpapan. Perjanjian dan kontrak-kontrak tersebut agreements and contracts discuss, among others,
mengatur mengenai antara lain harga, masa the price, the term of the agreement and also other
perjanjian dan juga syarat dan ketentuan lain yang applicable terms and conditions.
berlaku.

Tanggal
kontrak/ Berakhirnya kontrak/
Para pihak/ Parties Contract date End of contract Jenis kontrak/Type of contract
RDMP Balikpapan JO 10/12/2018 27/07/2023 New Unit & SRU HMU (KPB
Scope)
PT Worley SEA Indonesia 03/08/2018 03/08/2023 Project Management Consultant

Greengate LLC 07/01/2020 30/06/2022 Lenders' Financial Model Advisor

Allen and Overy 11/11/2019 30/06/2022 Lenders' Legal Counsel

Sumitomo Mitsui Banking 01/11/2021 30/06/2022 Koordinator ECA atas Lenders/
Corporation Lenders' ECA Coordinator
PT Prima Armada Raya 01/11/2021 01/03/2023 Jasa Sewa Kendaraan/
Transportation Rental Service
PT Pertamina Training & 01/04/2021 01/10/2022 Jasa Penyediaan TKPP/
Consulting TKPP Service

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PT Kilang Pertamina Balikpapan Laporan Tahunan 2021 | Annual Report 2021 211