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NATURE OF RELATIONSHIP AND TRANSACTIONS WITH RELATED PARTIES

BNI BNI a. Fasilitas kredit investasi: Pembiayaan

28. NATURE OF RELATIONSHIP AND TRANSACTIONS WITH RELATED PARTIES

Sifat relasi Nature of relationship

• Garuda adalah entitas induk Grup. • Garuda is the Group’s parent entity.

• Seluruh entitas yang dikendalikan oleh Garuda serta entitas dimana Garuda memiliki pengaruh signifikan disajikan sebagai pihak berelasi.

All entities controlled by Garuda or where Garuda has significant influence are presented as related parties.;

• Pemerintah Republik Indonesia melalui Kementerian Keuangan adalah pemegang saham utama Garuda.

The Government of the Republic of Indonesia represented by the Ministry of Finance is the majority stockholder of Garuda;

• Seluruh entitas yang dimiliki dan dikendalikan oleh Kementerian Keuangan dan Kementerian Badan Usaha Milik Negara Pemerintah Republik Indonesia serta entitas dimana Kementerian Keuangan dan Kementerian Badan Usaha Milik Negara Pemerintah Republik Indonesia memiliki pengaruh signifikan.

• Komisaris dan direksi merupakan manajemen kunci.

All entities that are owned and controlled by the Ministry of Finance and Ministry of State-owned Enterprises of the Republic of Indonesia including entities where the Ministry of Finance and Ministry of State-owned Enterprises Republic of Indonesia have significant influence.

Commissioners and directors are considered key management personnel.

30 Juni/ 30 Juni/

June 30, June 30,

2022 2021

(Rugi)/laba bersih yang dapat

diatribusikan kepada Net (loss)/income attrib utab le to

pemilik entitas induk (10,979,105) (27,446,712) owners of the parent entity

Total rata-rata tertimbang

saham untuk tujuan Weighted average numb er of

perhitungan laba shares for calculation of b asic

per saham dasar 28,233,511,500 28,233,511,500 earnings per share

(Rugi)/laba bersih per lembar Basic/diluted (loss)/

saham dasar/dilusian (0.0003889) (0.0009721) earnings per share

PIHAK-PIHAK BERELASI (lanjutan) TRANSACTIONS WITH RELATED PARTIES (continued)

Saldo dan transaksi dengan pihak-pihak berelasi (lanjutan)

Balances and transactions with related parties (continued)

30 Juni/ 31 Desember/ 30 Juni/ 31 Desember/

June 30, Decemb er 31, June 30, Decemb er 31,

2022 2021 2022 2021

Kas dan setara kas/

Cash and cash equivalents

BRI 1,501,391 8,539,638

BNI 3,894,444 3,033,843

PT Bank Mandiri (Persero) Tbk ("Mandiri") 280,962 224,755 PT Bank Syariah Mandiri 1,315 17,073 PT Bank Tabungan Negara (Persero) Tbk 126 136 PT Bank Pembangunan Daerah Jawa Barat

dan Banten Tbk (Bank BJB) 59 66 PT Bank BNI Syariah 56,868 116,193

5,735,165

11,931,704 1.50% 3.00%

Kas dibatasi pengunaannya/

Restricted cash

BNI 15,535 16,165

Mandiri 203,460 8,352

218,995

24,517 0.06% 0.01%

Piutang usaha/

Trade receivab les

Garuda 7,414,379 12,410,374

Citilink 23,919,284 30,264,877

Lain - lain/Others 855,693 2,345,827

32,189,356

45,021,078 8.44% 11.33%

Aset kontrak/

Contract assets

Garuda 20,971,553 21,814,235

Citilink 22,365,839 22,193,749

PT Gapura Angkasa - 6,707 43,337,392

44,014,691 11.37% 11.08%

Utang usaha/

Trade payab les

PT Angkasa Pura II (Persero) 7,573,837 7,913,762

Citilink - 2,414,328

PT Aerotrans Services Indonesia 1,153,703 1,016,227

PT Aero Systems Indonesia 311,685 834,262

Garuda 1,364,129 1,155,076

PT Gapura Angkasa 320,363 212,664

Lain - lain/Others 239,146 248,835

10,962,863

13,795,154 1.50% 1.87%

% terhadap Aset (Liabilitas)/

Jumlah/Total % to Assets (Liab ilities)

PIHAK-PIHAK BERELASI (lanjutan) TRANSACTIONS WITH RELATED PARTIES (continued)

Saldo dan transaksi dengan pihak-pihak berelasi (lanjutan)

Balances and transactions with related parties (continued)

30 Juni/ 31 Desember/ 30 Juni/ 31 Desember/

June 30, Decemb er 31, June 30, Decemb er 31,

2022 2021 2022 2021

Akrual/Accruals

Garuda 3,080,217 2,503,163

PT Aerotrans Services Indonesia 706,986 555,547 PT Aero Systems Indonesia 500,669 501,953 PT Gapura Angkasa 136,366 -Lain - lain/Others 586,360 608,856

5,010,598

4,169,519 0.69% 0.57%

Liabilitas sewa/lease liab ilities

PT Angkasa Pura II (Persero) 20,718,056 22,272,767

Garuda 3,793,162 4,077,821

PT Angkasa Pura I (Persero) 481,182 977,385 24,992,400

27,327,973 3.43% 3.71%

Pinjaman jangka panjang/

Long term loans

BNI 196,940,460 196,940,460

BRI 144,358,832 144,358,832

341,299,292

341,299,292 46.84% 46.39%

Liabilitas kontrak/Contract Liab ilities

Garuda 5,974,251 7,317,488

Citilink 7,125,227 6,181,354

13,099,478

13,498,842 1.80% 1.83%

% terhadap Aset (Liabilitas)/

Jumlah/Total % to Assets (Liab ilities)

30 Juni/ 30 Juni/ 30 Juni/ 30 Juni/

June 30, June 30, June 30, June 30,

2022 2021 2022 2021

Beban keuangan/Finance cost

BNI 3,305,896 5,263,613

BRI 2,187,272 4,055,733

Lain - lain/Others 11,952 713 5,505,120

9,320,059 61.79% 71.82%

% terhadap Beban keuangan/

Jumlah/Total % to Finance cost)

PIHAK-PIHAK BERELASI (lanjutan) TRANSACTIONS WITH RELATED PARTIES (continued)

Saldo dan transaksi dengan pihak-pihak berelasi (lanjutan)

Balances and transactions with related parties (continued)

Pendapatan dari pihak berelasi dan manfaat pada Komisaris dan Direktur Grup

Revenues from related parties and benefits to the Commissioners and Directors of the Group a. Pendapatan dari pihak berelasi masing-masing

60% dan 63% dari jumlah pendapatan pada tahun yang berakhir pada tanggal 30 Juni 2022 dan 2021.

a. Revenues from related parties constituted 60%

and 63% of the total revenues for the years ended 30 June 2022 and 2021, respectively.

Rincian pendapatan dari pihak berelasi adalah sebagai berikut:

The details of revenues from related parties are as follows:

30 Juni/ 30 Juni/ 30 Juni/ 30 Juni/

June 30, June 30, June 30, June 30,

2022 2021 2022 2021

Beban usaha/Operating expense

PT Asuransi Jiwa Inhealth Indonesia 2,349,011 2,471,078 PT Aerotrans Services Indonesia 1,055,220

-Garuda 257,051

-PT PLN (Persero) 805,688 897,738

PT Aero Systems Indonesia 279,471

-BPJS Kesehatan 825,057 2,100,569

PT Angkasa Pura II (Persero) 518,214 2,069,987

PT Angkasa Pura I (Persero) 449,313 -PT Telekomunikasi Indonesia

(Persero) Tbk 122,440 383,004

Gapura 137,789

-Lain - lain/Others 130,433 481,477

6,929,687

8,403,853 6.80% 6.27%

% terhadap Beban usaha/

Jumlah/Total % to Operating expense

30 Juni/ 30 Juni/

June 30, June 30,

2022 2021

Garuda 28,865,713 44,163,810 Garuda

Citilink 24,379,425 28,060,151 Citilink

PT Gapura Angkasa 2,337,498 115,955.00 PT Gapura Angkasa PT Aerofood Indonesia 152,716 167,076 PT Aerofood Indonesia PT PLN (persero) 1,319,821 - PT PLN (persero)

Jumlah 57,055,173 72,506,992 Total

PIHAK-PIHAK BERELASI (lanjutan) TRANSACTIONS WITH RELATED PARTIES (continued)

Pendapatan dari pihak berelasi dan manfaat pada Komisaris dan Direktur Grup (lanjutan)

Revenues from related parties and benefits to the Commissioners and Directors of the Group (continued)

b. Grup menyediakan manfaat pada Komisaris dan Direktur Grup sebagai berikut:

b. The Group provides benefits to the Commissioners and Directors of the Group as follows:

29. INFORMASI SEGMEN 29. SEGMENT INFORMATION

Grup melaporkan segmen-segmen berdasarkan jasa yang diberikan:

The Group’s reportable segments are based on its operating divisions:

a. Jasa pemeliharaan dan perbaikan pesawat airframe, engine, dan component,

a. Repair and maintenance airframe, engine and component,

b. Jasa pemeliharaan dan perbaikan pesawat line maintenance dan technical ground handling, dan

c. Operasi lainnya dari entitas anak.

b. Line maintenance and technical ground handling, and

c. Other operations from subsidiaries.

30 Juni/ 30 Juni/

June 30, June 30,

2022 2021

Komisaris Commisioners

Imbalan kerja jangka pendek 227,034 214,053 Short term b enefits

Imbalan kerja jangka panjang lainnya 15,029 - Other long-term employee b enefits 242,063

214,053

Direksi Directors

Imbalan kerja jangka pendek 660,888 604,712 Short term b enefits Imbalan kerja jangka panjang lainnya 85,654 20,620 Other long-term employee b enefits

746,542

625,332

Berikut ini adalah informasi segmen berdasarkan segmen operasi:

The following represents segment information based on the operating divisions:

Jumlah

Reparasi dan Operasi sebelum

overhaul/ Perawatan/ lain-lain/ eliminasi/

Repair Line Other Total b efore Eliminasi/ Jumlah/

and overhaul maintenance operations elimination Elimination Total

USD USD USD USD

PENDAPATAN SEGMEN 68,240,768 19,127,876 8,968,967 96,337,611 (535,309) 95,802,302

(RUGI) LABA SEGMEN (4,062,466) (2,322,914) 229,199 (6,156,181) - (6,156,181)

Penghasilan keuangan 61,544

Beban keuangan (8,908,890)

Keuntungan dan kerugian

lain-lain 999,557

Rugi sebelum pajak (14,003,970)

INFORMASI LAINNYA ASET

Aset tetap segmen 139,019,179 3,273,866 247,790 142,540,835 - 142,540,835

Aset tidak dapat dialokasi - - - - - 238,770,296

Total aset 381,311,131

KEWAJIBAN Kewajiban tidak dapat

dialokasi - - - - - 728,622,839

Penyusutan 10,290,823 584,305 39,775 10,914,903 - 10,914,903

30 Juni 2022/June 30, 2022

Jumlah

Reparasi dan Operasi sebelum

overhaul/ Perawatan/ lain-lain/ eliminasi/

Repair Line Other Total b efore Eliminasi/ Jumlah/

and overhaul maintenance operations elimination Elimination Total PENDAPATAN SEGMEN 79,915,766 25,254,472 12,043,625 117,213,863 (2,889,430) 114,324,433

(RUGI) LABA SEGMEN (18,042,319) (2,752,704) 1,081,655 (19,713,368) (13) (19,713,381)

Penghasilan keuangan 40,365

Beban keuangan (12,976,827)

Keuntungan dan kerugian

lain-lain 1,719,897

Rugi sebelum pajak (30,929,946)

INFORMASI LAINNYA ASET

Aset tetap segmen 154,003,194 4,454,931 189,688 158,647,813 - 158,647,813

Aset tidak dapat dialokasi - - - - - 336,879,718

Total aset 495,527,531

KEWAJIBAN Kewajiban tidak dapat

dialokasi - - - - - 735,720,278

Penyusutan 11,321,926 700,280 20,225 12,042,431 - 12,042,431

30 Juni 2021/June 30, 2021

a. Grup memiliki bank garansi yang digunakan sebagai jaminan pelaksanaan pekerjaan. Bank garansi dijamin dengan setara kas sebesar AS$218.995 yang ditempatkan dalam rekening tersendiri.

a. The Group has bank guarantees which were used as work performance guarantees. The bank guarantees are secured with a cash equivalent of US$218,995 which was placed in a separate account.

b. Pada tanggal 30 Juni 2022, Grup memiliki komitmen untuk pengadaan aset tetap sebesar AS$7.126 (31 Desember 2021: AS$1.493.272).

b. As at 30 June 2022, the Group has commitments for acquisition of fixed assets amounting to US$

7,126 (31 December 2021: US$1,493,272).

31. MANAJEMEN PERMODALAN 31. CAPITAL MANAGEMENT