20260929_GTBO_Tanggapan atas Permintaan Penjelasan Bursa_32161913_lamp1.pdf

maupun pemasok sehubungan dengan belum                           suppliers in connection with the fact that operational
berjalannya kegiatan operasional.                                activities have not yet resumed.

3. Piutang Lain-Lain (Catatan 5) – Energy Coal                   3. Other Receivables (Note 5) – Energy Coal
Resources Pte Ltd                                                Resources Pte Ltd
a. Piutang lain-lain merupakan uang muka yang                    a. The other receivable represents an advance
semula diberikan kepada Massicot Trade Limited                   originally provided to Massicot Trade Limited under an
berdasarkan perjanjian tanggal 30 November 2013                  agreement dated 30 November 2013 for the purchase
untuk pembelian wilayah konsesi pertambangan di                  of mining concession areas in Indonesia and/or Africa
Indonesia dan/atau Afrika serta pembelian peralatan              and the purchase of certain mining equipment.
tambang tertentu. Saldo per 31 Maret 2026: nilai                 Balance as of 31 March 2026: gross US$42,903,291,
bruto AS$42.903.291, dikurangi cadangan kerugian                 less allowance for expected credit losses of
AS$500.000, sehingga nilai neto AS$42.403.291                    US$500,000, resulting in a net value of
(jangka pendek AS$4.153.291 dan jangka panjang                   US$42,403,291 (current US$4,153,291 and non-
AS$38.250.000). Selama periode berjalan Perseroan                current US$38,250,000). During the period, the
menerima pembayaran sebesar AS$846.709.                          Company received a payment of US$846,709.
b. Pembelian wilayah konsesi tersebut dibatalkan                 b. The acquisition of the concession area was
karena kegiatan eksplorasi tambang emas di Sudan                 cancelled because the gold mining exploration
tidak dapat dilanjutkan karena kondisi ekonomi dan               activities in Sudan could not proceed due to the
politik di Sudan.                                                economic and political conditions in Sudan.
c. Salinan Addendum Perjanjian terlampir                         c. A copy of Addendum Agreement attached
d. Berdasarkan addendum tersebut, Massicot Trade                 d. Under the addendum, Massicot Trade Limited
Limited mengalihkan kewajiban pengembalian dana                  transferred the repayment obligation to Energy Coal
kepada Energy Coal Resources Pte Ltd, yang                       Resources Pte Ltd, which is committed to repay the
berkomitmen mengembalikan seluruh nilai investasi                entire investment amount.
tersebut.
e. Pelunasan dilakukan secara bertahap (angsuran)                e.Settlement is made in installments in accordance
sesuai jadwal pembayaran yang disepakati sampai                  with the agreed payment schedule through 2035.
dengan tahun 2035.
                                                                 f. No interest is charged because the transaction
f. Tidak dikenakan bunga karena transaksi ini                    constitutes a return of the advance/investment rather
merupakan pengembalian uang muka/investasi,                      than a loan extended for profit; the parties agreed on
bukan pemberian pinjaman untuk memperoleh                        a no-interest arrangement with a settlement schedule
keuntungan; para pihak menyepakati tanpa bunga                   through 2035.
dengan jadwal penyelesaian sampai tahun 2035.
                                                                 g. The payment of other receivables is supported by
g. Pembayaran Piutang lain-lain didukung oleh                    the agreed-upon agreement and payment schedule,
perjanjian dan jadwal pembayaran yang disepakati                 as well as a written commitment from Energy Coal
serta komitmen tertulis Energy Coal Resources Pte                Resources Pte. Ltd
Ltd.
                                                                 h. The Company determines that the payment
h. Perseroan menetapkan jumlah pembayaran                        amount will be determined on an annual basis.
ditentukan per tahunan.
                                                                 i. There are no conditions that release Energy Coal
i. Tidak terdapat kondisi yang membebaskan Energy                Resources Pte Ltd from its payment obligations within
Coal Resources Pte Ltd dari kewajiban pembayaran                 the agreed periods.
pada periode yang telah disepakati.




           Jakarta Office: Gd. Permata Kuningan Lantai 8, Jalan Kuningan Mulia Kav. 9 RT 006/ RW 001, Setiabudi,
                         Kota Adm. Jakarta Selatan, DKI Jakarta, Indonesia, 12980, (021) 3970 6652
         Site Office: Mining Site PT. Garda Tujuh Buana, Tbk. Sei Tapa Pulau Bunyu Kab. Bulungan, Kalimantan Utara

j. Pelunasan dipercepat dimungkinkan berdasarkan                 j. Accelerated settlement is possible based on the
kesepakatan para pihak.                                          mutual agreement of the parties.
k. Setiap perubahan atas ketentuan pengembalian                  k. Any change to the terms of the fund return may only
dana hanya dapat dilakukan berdasarkan                           be made based on the written agreement of the
kesepakatan tertulis para pihak.                                 parties.

4. Persediaan, Penjualan, dan Likuiditas (Catatan                4. Inventories, Sales, and Liquidity (Notes 7 and
7 dan 19)                                                        19)
a. Perseroan tidak melakukan penjualan karena RKAB               a. The Company did not record any sales because the
Tahun 2026 belum disetujui.                                      2026 RKAB has not been approved.
b. Perseroan tidak membukukan cadangan                           b. The Company did not record an allowance for
penurunan nilai persediaan karena nilai realisasi neto           inventory write-down because the net realizable
persediaan (berdasarkan harga jual batubara yang                 value of the inventory (based on prevailing coal selling
berlaku) masih lebih tinggi daripada biaya                       prices) remains higher than its acquisition cost, so the
perolehannya, sehingga persediaan tetap dinyatakan               inventory is stated at cost. Management assesses
sebesar biaya perolehan. Manajemen menilai                       that the inventory remains saleable once the RKAB is
persediaan tetap dapat dijual setelah RKAB disetujui.            approved.
c. Kegiatan penambangan/produksi saat ini                        c. Mining/production activities are currently
dihentikan sementara sampai dengan RKAB Tahun                    temporarily suspended until the 2026 RKAB is
2026 disetujui.                                                  approved.
d. Untuk memenuhi kebutuhan modal kerja selama                   d. To meet working capital needs while not yet
belum beroperasi, Perseroan menjaga kecukupan kas                operating, the Company maintains adequate cash
dan setara kas, penerimaan dari piutang lain-lain,               and cash equivalents, receipts from other
serta dukungan pemegang saham.                                   receivables, and shareholder support.

5. Utang Pajak (Catatan 14) – SKPKB Tahun Fiskal                 5. Tax Payable (Note 14) – Underpayment Tax
2023                                                             Assessment (SKPKB) for Fiscal Year 2023
a. Utang pajak sebesar AS$13.463.165 mencakup                    a. The tax payable of US$13,463,165 includes
Surat Ketetapan Pajak Kurang Bayar (SKPKB) atas                  Underpayment Tax Assessment Letters (SKPKB) for
tahun fiskal 2023 sebesar ± AS$12,29 juta (SKP PPh               fiscal year 2023 of approximately US$12.29 million
Pasal 21: AS$35.507; SKP PPh Pasal 26:                           (SKP Income Tax Article 21: US$35,507; SKP Income
AS$4.964.290; SKP PPh Pasal 25/29: AS$3.376.387;                 Tax Article 26: US$4,964,290; SKP Income Tax Article
Surat Ketetapan Pajak Tahun 2023: AS$3.912.950),                 25/29: US$3,376,387; Tax Assessment Letter for
ditambah utang pajak bulanan lainnya. SKPKB                      2023: US$3,912,950), plus other monthly taxes
diterima Perseroan pada 28 Januari 2026 (surat No.               payable. The SKPKB was received by the Company on
S-57/KPP.1901/2026) dengan nilai kurang bayar                    28 January 2026 (letter No. S-57/KPP.1901/2026)
AS$4.834.986 beserta beberapa SKPKB lainnya                      with an underpayment of US$4,834,986, together
sebagaimana diungkapkan dalam rincian utang pajak.               with several other SKPKB as disclosed in the details
                                                                 of taxes payable.

b. Perseroan telah menyetujui hasil pemeriksaan                  b. The Company has agreed to the results of the tax
tersebut, sehingga sampai dengan tanggal laporan                 audit, and therefore, as of the date of these interim
keuangan interim ini proses keberatan dan/atau                   financial statements, no objection and/or appeal has
banding belum diajukan.                                          been filed.




           Jakarta Office: Gd. Permata Kuningan Lantai 8, Jalan Kuningan Mulia Kav. 9 RT 006/ RW 001, Setiabudi,
                         Kota Adm. Jakarta Selatan, DKI Jakarta, Indonesia, 12980, (021) 3970 6652
         Site Office: Mining Site PT. Garda Tujuh Buana, Tbk. Sei Tapa Pulau Bunyu Kab. Bulungan, Kalimantan Utara

c. Rincian rencana angsuran pembayaran SKPKB                     c. The installment payment plan for the SKPKB is
sedang dikoordinasikan dengan Kantor Pelayanan                   being coordinated with the Tax Office and will be
Pajak dan akan disampaikan apabila telah disepakati.             submitted once agreed.

6. Beban yang Masih Harus Dibayar dan Beban                      6. Accrued Expenses and Labor Costs (Notes 12,
Tenaga Kerja (Catatan 12, 20 dan 21)                             20 and 21)
a. Penurunan beban gaji dan tenaga kerja sejalan                 a. The decrease in salaries and employee-related
dengan belum berjalannya kegiatan operasional.                   expenses is in line with the fact that the Company’s
Jumlah karyawan per 31 Maret 2026 sebanyak 36                    operational activities had not yet commenced. The
orang dan per 31 Maret 2025 sebanyak 128 orang.                  number of employees as of 31 March 2026 was 36,
Perlu diklarifikasi bahwa terdapat kesalahan                     compared to 128 employees as of 31 March 2025.
penulisan dalam laporan keuangan sebelumnya, di                  There was a typographical error in the previous
mana jumlah karyawan per 31 Maret 2025 tercantum                 financial statements, where the number of
sebesar 37 orang, yang seharusnya 128 orang.                     employees as of 31 March 2025 was stated as 37
                                                                 instead of the correct figure of 128. The typographical
                                                                 error will be corrected in the financial statements.
b. Struktur tenaga kerja per departemen/fungsi per               b. Workforce structure by department/function as of
Maret 2026 dan Maret 2025:                                       March 2026 and March 2025:
   1. Direksi/Manajemen: 2 / 2;                                  1. Directors/Management: 2 / 2;
   2. Operasional & Tambang :4 / 97;                             2. Operations & Mining: 4 / 97;
   3. Keuangan & Umum: 31 / 31;                                  3. Finance & General: 31 / 31;
c. Kenaikan utang kepada BPJS sebesar AS$ 12.423                 c. The increase in the BPJS payable of US$ 12,423
(162,12%) disebabkan oleh akrual iuran BPJS yang                 (162.12%) was caused by accrued BPJS
belum dibayarkan pada akhir periode dan bukan                    contributions that had not been paid at period-end
karena penambahan jumlah karyawan.                               and not by an increase in the number of employees.

7. Beban Pokok Penjualan (Catatan 20)                            7. Cost of Sales (Note 20)
a. Beban produksi sebesar AS$ 294.835 timbul dari                a. The production cost of US$ 294,835 arises from
biaya yang tetap dikeluarkan untuk memelihara aset               costs still incurred to maintain the mining assets and
tambang dan menjaga kesiapan operasional (antara                 operational readiness (among others, retained direct
lain beban tenaga kerja langsung yang dipertahankan,             labor, maintenance, and supporting costs).
pemeliharaan, dan beban penunjang).                              b. Environmental expenses amounting to US$74,766
b. Beban lingkungan sebesar AS$ 74.766 merupakan                 represent costs related to environmental
biaya terkait pengelolaan/pemantauan lingkungan                  management and monitoring, as well as certain
serta terkait sejumlah perizinan lingkungan.                     environmental permits.

8. Penyesuaian Saldo Awal Saldo Laba (Laporan                    8. Adjustment of Opening Retained Earnings
Perubahan Ekuitas)                                               (Statement of Changes in Equity)
a. Penyesuaian saldo awal saldo laba sebesar AS$                 a.The adjustment of opening retained earnings of US$
8.647.663 (dari AS$ 10.586.021 menjadi AS$                       8,647,663 (from US$10,586,021 to US$ 1,938,358)
1.938.358) merupakan koreksi kesalahan periode                   represents a correction of a prior-period error,
sebelumnya yang dicatat secara retrospektif sesuai               recorded retrospectively in accordance with SFAS
PSAK No. 208, sehubungan dengan pengakuan                        No. 208, relating to the recognition of an additional tax
tambahan kewajiban pajak atas tahun fiskal 2023                  liability for fiscal year 2023 (SKPKB) originating from a
(SKPKB) yang berasal dari periode sebelumnya.                    prior period. The Company will complete the


           Jakarta Office: Gd. Permata Kuningan Lantai 8, Jalan Kuningan Mulia Kav. 9 RT 006/ RW 001, Setiabudi,
                         Kota Adm. Jakarta Selatan, DKI Jakarta, Indonesia, 12980, (021) 3970 6652
         Site Office: Mining Site PT. Garda Tujuh Buana, Tbk. Sei Tapa Pulau Bunyu Kab. Bulungan, Kalimantan Utara

Perseroan akan melengkapi pengungkapan atas                      disclosure of this adjustment in the financial
penyesuaian ini pada laporan keuangan.                           statements.
c. Jurnal penyesuaian: (Debit) Saldo Laba                        c. Adjustment journal entry: (Debit) Retained Earnings
AS$8.647.663; (Kredit) Utang Pajak AS$8.647.663.                 US$ 8,647,663; (Credit) Tax Payable US$ 8,647,663.
d. Kesalahan tersebut berupa belum diakuinya                     d. The error consisted of the non-recognition of the
kewajiban pajak tahun fiskal 2023 pada periode                   fiscal year 2023 tax liability in the prior period, which
sebelumnya, yang baru dapat teridentifikasi pada                 could only be identified in the current period after the
periode berjalan setelah Perseroan menerima SKPKB                Company received the SKPKB on 28 January 2026.
pada 28 Januari 2026.

9. Arus Kas dari Aktivitas Operasi (Catatan atas                 9. Cash Flows from Operating Activities (Notes to
Laporan Arus Kas)                                                the Statement of Cash Flows)
a. Penerimaan pajak sebesar AS$12.306.486 dan                    a. Tax receipts amounting to US$12,306,486 and
pembayaran lainnya sebesar AS$12.479.485 yang                    other payments amounting to US$12,479,485
disajikan dalam arus kas dari aktivitas operasi                  presented within operating cash flows represent
merupakan arus kas yang disajikan secara bruto                   gross cash flows under the direct method. These cash
berdasarkan metode langsung. Arus kas tersebut                   flows substantially offset each other in terms of their
secara substansial saling mengimbangi dalam hal                  net cash impact and primarily relate to the recognition
dampak kas neto dan terutama berkaitan dengan                    and settlement of tax assessments for fiscal year
pengakuan dan penyelesaian ketetapan pajak untuk                 2023 (SKPKB).
tahun fiskal 2023 (SKPKB).
Penerimaan pajak tersebut tidak seluruhnya                       The tax receipts are not fully reflected as a separate
tercermin sebagai akun tersendiri dalam Laporan                  account in the Statement of Financial Position, as the
Posisi Keuangan, karena jumlah terkait telah                     related amounts have been applied against and/or
diperhitungkan terhadap dan/atau direklasifikasi ke              reclassified to the relevant tax balances. Going
saldo perpajakan yang relevan. Ke depannya,                      forward, the Company will present the details and
Perseroan akan menyajikan rincian dan rekonsiliasi               reconciliation of these transactions more clearly.
atas transaksi tersebut secara lebih jelas.

10. Arus Kas dari Aktivitas Pendanaan                            10. Cash Flows from Financing Activities
(Penerimaan dari Piutang Lain-Lain)                              (Receipts from Other Receivables)
Penerimaan dari piutang lain-lain sebesar AS$                    The receipt from other receivables of US$ 846,709
846.709 merupakan penerimaan angsuran dari                       represents an installment received from Energy Coal
Energy Coal Resources Pte Ltd. Perseroan                         Resources Pte Ltd. The Company agrees that, under
sependapat bahwa berdasarkan Peraturan Nomor                     Regulation Number VIII.G.7 (Decree of the Chairman
VIII.G.7 (Keputusan Ketua Bapepam-LK No. Kep-                    of      Bapepam-LK          No.     Kep-347/BL/2012),
347/BL/2012),       penerimaan/pembayaran       atas             receipts/payments of other receivables should be
piutang lain-lain seharusnya disajikan pada Arus Kas             presented under Cash Flows from Investing
dari Aktivitas Investasi. Penyajian pada Aktivitas               Activities. The presentation under Financing Activities
Pendanaan merupakan kekeliruan klasifikasi, dan                  was a classification error, and the Company will
Perseroan akan melakukan reklasifikasi/penyajian                 reclassify/restate it to Investing Activities.
kembali ke Aktivitas Investasi.




           Jakarta Office: Gd. Permata Kuningan Lantai 8, Jalan Kuningan Mulia Kav. 9 RT 006/ RW 001, Setiabudi,
                         Kota Adm. Jakarta Selatan, DKI Jakarta, Indonesia, 12980, (021) 3970 6652
         Site Office: Mining Site PT. Garda Tujuh Buana, Tbk. Sei Tapa Pulau Bunyu Kab. Bulungan, Kalimantan Utara

11. Upaya Pemenuhan Kewajiban Jangka Pendek                      11. Efforts to Meet Short-Term Obligations and
dan Kebutuhan Operasional                                        Operational Needs
Untuk memenuhi kewajiban jangka pendek dan                       To meet its short-term obligations and operational
kebutuhan operasional selama Perseroan belum                     needs (such as employee salaries and utility
memperoleh pendapatan, manajemen menempuh                        expenses) while the Company has not yet generated
langkah-langkah berikut: (i) mempercepat perolehan               revenue, management is taking the following
persetujuan RKAB Tahun 2026 agar kegiatan produksi               measures: (i) accelerating the approval of the 2026
dan penjualan dapat kembali berjalan; (ii) menjaga               RKAB so that production and sales activities can
kecukupan kas serta memanfaatkan penerimaan                      resume; (ii) maintaining adequate cash and utilizing
angsuran dari piutang lain-lain; (iii) melakukan                 installment receipts from other receivables (Energy
efisiensi dan menekan beban operasional selama                   Coal Resources Pte Ltd); (iii) implementing efficiency
masa tidak berproduksi; serta (iv) dukungan                      measures and minimizing operating expenses during
pendanaan dari pemegang saham pengendali.                        the non-producing period; and (iv) obtaining funding
                                                                 support from the controlling shareholder if required.

12. Strategi Jangka Panjang Menjaga                              12. Long-Term Strategy to Maintain Business
Kelangsungan Usaha                                               Continuity
Strategi jangka panjang Perseroan mencakup: (i)                  The Company’s long-term strategy includes: (i)
memperoleh persetujuan RKAB; (ii) menyelesaikan                  obtaining approval for the RKAB; (ii) collecting other
penagihan piutang lain-lain sesuai jadwal sampai                 receivables in accordance with the agreed payment
dengan tahun 2035 untuk memperkuat likuiditas; (iii)             schedule through 2035 to strengthen liquidity; (iii)
menjaga struktur permodalan yang sehat dan                       maintaining a sound capital structure and cost
efisiensi biaya, (iv) melakukan penjajakan dengan                efficiency; and (iv) exploring opportunities with
beberapa trader atau user batubara dan telah                     several coal traders or end-users, some purchase
mendapatkan kontrak pembelian.                                   agreements have been finalized.

13. Dukungan Pemegang Saham Pengendali                           13. Support from the Controlling Shareholder
Pemegang saham       pengendali berkomitmen                      The controlling shareholder is committed to
mendukung kelangsungan usaha Perseroan, antara                   supporting the Company's business continuity,
lain melalui dukungan pendanaan/modal kerja                      including through funding and working capital
apabila diperlukan selama Perseroan belum                        support, if necessary, while the Company has not yet
beroperasi.                                                      commenced operations.

14. Pengungkapan Kelangsungan Usaha dalam                        14. Going Concern Disclosure in the Notes to the
CALK                                                             Financial Statements
Manajemen menilai bahwa laporan keuangan tetap                   Management assesses that the financial statements
disusun atas dasar asumsi kelangsungan usaha                     continue to be prepared on a going concern basis
(going concern) karena Perseroan masih memiliki                  because the Company still holds coal reserves, a
cadangan batubara, Izin Usaha Pertambangan yang                  Mining Business Permit valid until 2031, adequate
berlaku sampai tahun 2031, aset yang memadai                     assets (including other receivables collectible in
(termasuk piutang lain-lain yang tertagih secara                 instalments), and shareholder support therefore, the
bertahap), serta dukungan pemegang saham                         temporary suspension of operational activities is
sehingga belum berjalannya kegiatan operasional                  expected to last only until the 2026 RKAB is approved.
bersifat sementara sampai dengan RKAB Tahun 2026
disetujui.




           Jakarta Office: Gd. Permata Kuningan Lantai 8, Jalan Kuningan Mulia Kav. 9 RT 006/ RW 001, Setiabudi,
                         Kota Adm. Jakarta Selatan, DKI Jakarta, Indonesia, 12980, (021) 3970 6652
         Site Office: Mining Site PT. Garda Tujuh Buana, Tbk. Sei Tapa Pulau Bunyu Kab. Bulungan, Kalimantan Utara

Namun demikian, Perseroan mengakui bahwa                        Nevertheless, the Company acknowledges that the
pengungkapan mengenai kondisi dan rencana                       disclosure      regarding  the     conditions    and
manajemen terkait kelangsungan usaha belum                      management’s plans relating to going concern has not
dicantumkan secara khusus dalam Catatan atas                    been specifically included in the Notes to the
Laporan Keuangan. Perseroan akan menambahkan                    Financial Statements. The Company will add such
pengungkapan tersebut pada laporan keuangan                     disclosure in its subsequent financial statements.
berikutnya.

Demikian tanggapan ini kami sampaikan. Atas                     This response is submitted. We thank for its attention
perhatian dan kerja sama diucapkan terima kasih.                and cooperation.

                                            Hormat kami/ Yours faithfully



                                                      Yanry Musa
                                                   Direktur / Director




          Jakarta Office: Gd. Permata Kuningan Lantai 8, Jalan Kuningan Mulia Kav. 9 RT 006/ RW 001, Setiabudi,
                        Kota Adm. Jakarta Selatan, DKI Jakarta, Indonesia, 12980, (021) 3970 6652
        Site Office: Mining Site PT. Garda Tujuh Buana, Tbk. Sei Tapa Pulau Bunyu Kab. Bulungan, Kalimantan Utara