Skip to content
Back to announcement

Final Report CAS Consolidated_30Sept2025.pdf

Financial statement Text extracted CASS

Source file signed link, expires in 15 minutes

This browser can't display the PDF inline. Open it in a new tab.

Extracted text 86

Page 1
PT CAHAYA AERO SERVICES TBK                          PT CAHAYA AERO SERVICES TBK
(D/H PT CARDIG AERO SERVICES TBK)        (PREVIOUSLY PT CARDIG AERO SERVICES TBK)
DAN ENTITAS ANAKNYA                                           AND ITS SUBSIDIARIES



LAPORAN KEUANGAN KONSOLIDASIAN INTERIM              INTERIM CONSOLIDATED FINANCIAL
TANGGAL 30 SEPTEMBER 2025 DAN UNTUK             STATEMENTS AS OF SEPTEMBER 30, 2025
PERIODE SEMBILAN BULAN YANG BERAKHIR                           AND FOR NINE-MONTH
PADA TANGGAL TERSEBUT (TIDAK DIAUDIT)                PERIOD THEN ENDED (UNAUDITED)




Final Draft/October 16, 2025                                                    Sign:
Page 2
                                                               The original interim consolidated financial statements included herein
                                                                                                      are in the Indonesian language.


PT CAHAYA AERO SERVICES TBK                                           PT CAHAYA AERO SERVICES TBK
D/H PT CARDIG AERO SERVICES TBK)                          (PREVIOUSLY PT CARDIG AERO SERVICES TBK)
DAN ENTITAS ANAKNYA                                                            AND ITS SUBSIDIARIES




Daftar Isi                                          Halaman/                                             Table of Contents
                                                      Page



Surat Pernyataan Direksi                                                                   Directors’ Statement Letter

Laporan Keuangan Konsolidasian Interim                                Interim Consolidated Financial Statements
30 SEPTEMBER 2025 (Tidak Diaudit)                                        As of SEPTEMBER 30, 2025 (Unaudited)




  Laporan Posisi Keuangan                                1                         Interim Consolidated Statements of
  Konsolidasian Interim                                                                             Financial Position

  Laporan Laba Rugi dan                                  4              Interim Consolidated Statements of Profit or
  Penghasilan Komprehensif Lain Konsolidasian                               Loss and Other Comprehensive Income
  Interim

  Laporan Perubahan Ekuitas Konsolidasian                6                         Interim Consolidated Statements of
  Interim                                                                                           Changes in Equity

  Laporan Arus Kas Konsolidasian Interim                 7                 Interim Consolidated Statements of Cash
                                                                                                             Flows

  Catatan Atas Laporan Keuangan                          8               Notes to the Interim Consolidated Financial
  Konsolidasian Interim                                                                                  Statements

Informasi Tambahan:                                                                      Supplementary Information:

Laporan Posisi Keuangan Interim                    Lampiran I/                   Interim Statements of Financial Position
(Entitas Induk)                                    Attachment I                                           (Parent Entity)

Laporan Laba Rugi dan                              Lampiran II/                  Interim Statements of Profit or Loss and
Penghasilan Komprehensif Lain Interim              Attachment II                           Other Comprehensive Income
(Entitas Induk)                                                                                           (Parent Entity)

Laporan Perubahan Ekuitas Interim                  Lampiran III/                Interim Statements of Changes in Equity
(Entitas Induk)                                    Attachment III                                        (Parent Entity)

Laporan Arus Kas Interim                           Lampiran IV/                          Interim Statements of Cash Flows
(Entitas Induk)                                    Attachment IV                                            (Parent Entity)

Catatan atas Investasi pada Entitas Anak Interim   Lampiran V/                      Notes on Investments in Subsidiaries
(Entitas Induk)                                    Attachment V                                           (Parent Entity)




Final Draft/October 16, 2025                                                                                                   Sign:
Page 3

          
Page 4
                                                                                     The original interim consolidated financial statements included herein
                                                                                                                            are in the Indonesian language.

PT CAHAYA AERO SERVICES TBK                                                                 PT CAHAYA AERO SERVICES TBK
(D/H PT CARDIG AERO SERVICES TBK)                                               (PREVIOUSLY PT CARDIG AERO SERVICES TBK)
DAN ENTITAS ANAKNYA                                                                                   AND ITS SUBSIDIARIES
LAPORAN POSISI KEUANGAN                                                            INTERIM CONSOLIDATED STATEMENTS OFa
KONSOLIDASIAN INTERIM                                                                                   FINANCIAL POSITION
Tanggal 30 September 2025 (Tidak Diaudit)                                                      September 30, 2025 (Unaudited)
(Disajikan dalam Jutaan Rupiah,                                                                (Expressed in Millions of Rupiah,
Kecuali Dinyatakan Lain)                                                                              Unless Otherwise Stated)


                                             30 Sep 2025/            Catatan/          31 Des 2024/
                                             Sep 30, 2025             Notes            Dec 31, 2024
ASET                                                                                                                                     ASSETS
ASET LANCAR                                                                                                                   CURRENT ASSETS
 Kas dan setara kas                                 1,741,686          4,28                   1,480,054                Cash and cash equivalents
 Piutang usaha                                                        3,5,28                                                 Accounts receivable
  Pihak ketiga                                        417,523                                   372,189                            Third parties
 Piutang lain-lain                                                    3,6,28                                                   Other receivables
  Pihak berelasi                                            34          26                           242                        Related parties
  Pihak ketiga                                           3,231                                     3,298                           Third parties
 Persediaan                                             34,293         7                          24,895                              Inventories
 Pajak dibayar di muka                                   1,042         9b                          9,286                           Prepaid taxes
 Uang muka dan biaya                                                                                                      Advances and prepaid
  dibayar di muka                                       64,651         10                         18,566                              expenses
 Aset lepasan
  tersedia untuk dijual                                    61           8                            61                     Assets held for sale
 Aset lancar lain-lain                                 11,536         13,28                      10,003                    Other current assets
 TOTAL ASET LANCAR                                  2,274,057                                 1,918,594              TOTAL CURRENT ASSETS


ASET TIDAK LANCAR                                                                                                        NON-CURRENT ASSETS
 Tagihan pajak penghasilan                              2,251          9a                         4,655                       Claim for tax refund
 Aset tetap                                           475,560          11                       501,185                              Fixed assets
 Aset hak-guna                                        106,040          16a                      138,426                       Right-of-use assets
 Aset pajak tangguhan                                  21,549           9f                       31,393                       Deferred tax assets
 Goodwill                                              14,874           12                       14,874                                   Goodwill
 Aset tidak lancar lain-lain                           19,418         13,28                      46,643                  Other non-current assets
 TOTAL ASET TIDAK                                                                                                        TOTAL NON-CURRENT
  LANCAR                                              639,692                                   737,176                                 ASSETS

TOTAL ASET                                          2,913,749                                 2,655,770                           TOTAL ASSETS




Catatan atas laporan keuangan konsolidasian interim terlampir                    The accompanying notes to the interim consolidated financial
       merupakan bagian integral dari laporan keuangan                                           statement form integral part of
              konsolidasian secara keseluruhan                                 these interim consolidated financial statements taken as a whole

Final Draft/October 22, 2025                                     1                                                                  Sign:
Page 5
                                                                                    The original interim consolidated financial statements included herein
                                                                                                                           are in the Indonesian language.

PT CAHAYA AERO SERVICES TBK                                                              PT CAHAYA AERO SERVICES TBK
(D/H PT CARDIG AERO SERVICES TBK)                                            (PREVIOUSLY PT CARDIG AERO SERVICES TBK)
DAN ENTITAS ANAKNYA                                                                                 AND ITS SUBSIDIARIES
LAPORAN POSISI KEUANGAN                                                          INTERIM CONSOLIDATED STATEMENTS OF
KONSOLIDASIAN INTERIM (Lanjutan)                                                          FINANCIAL POSITION (Continued)
30 September 2025 (Tidak Diaudit)                                                            September 30, 2025 (Unaudited)
(Disajikan dalam Jutaan Rupiah,                                                              (Expressed in Millions of Rupiah,
Kecuali Dinyatakan Lain)                                                                            Unless Otherwise Stated)


                                            30 Sep 2025/            Catatan/         31 Des 2024/
                                            Sep 30, 2025             Notes           Dec 31, 2024
LIABILITAS DAN EKUITAS                                                                                                LIABILITIES AND EQUITY

LIABILITAS                                                                                                                            LIABILITIES
LIABILITAS JANGKA PENDEK                                                                                                 CURRENT LIABILITIES
 Utang usaha                                                         14,28                                                       Accounts payable
  Pihak ketiga                                       125,664                                   141,185                               Third parties
  Pihak berelasi                                           --         26                           236                            Related parties
 Utang lain-lain                                                      28                                                           Other payables
  Pihak ketiga                                         7,499                                    66,243                               Third parties
 Utang pajak                                          86,727          9c                       114,680                              Taxes payable
 Beban akrual                                        367,212         15,28                     404,240                          Accrued expenses
 Liabilitas kontrak                                   19,877          22                        40,326                           Contract liabilities
 Liabilitas lepasan terkait                                                                                            Liabilities associated with
  aset tersedia untuk dijual                            1,065          8                          1,220                     assets held for sale
 Bagian jangka pendek atas :                                                                                                    Current portion of:
  Liabilitas sewa                                     29,054        16b,28                      56,387                        Lease liabilities
  Liabilitas imbalan kerja                            41,387          17                        37,505               Employee benefits liability
 TOTAL LIABILITAS                                                                                                          TOTAL CURRENT
  JANGKA PENDEK                                      678,485                                   862,022                          LIABILITIES

LIABILITAS JANGKA PANJANG                                                                                         NON-CURRENT LIABILITIES
 Bagian jangka panjang atas:                                                                                          Non-current portion of:
   Liabilitas sewa                                    65,202        16b,28                      66,246                    Lease liabilities
 Liabilitas imbalan kerja                             98,682          17                       104,886              Employee benefits liability
 Liabilitas pajak tangguhan                                --         9f                           201                 Deferred tax liabilities
 TOTAL LIABILITAS                                                                                                   TOTAL NON-CURRENT
  JANGKA PANJANG                                     163,884                                  171,333                         LIABILITIES
TOTAL LIABILITAS                                     842,369                                1,033,355                  TOTAL LIABILITIES




Catatan atas laporan keuangan konsolidasian interim terlampir                    The accompanying notes to the interim consolidated financial
       merupakan bagian integral dari laporan keuangan                                           statement form integral part of
              konsolidasian secara keseluruhan                                 these interim consolidated financial statements taken as a whole

Final Draft/October 22, 2025                                    2                                                                   Sign:
Page 6
                                                                                    The original interim consolidated financial statements included herein
                                                                                                                           are in the Indonesian language.

PT CAHAYA AERO SERVICES TBK                                                             PT CAHAYA AERO SERVICES TBK
DAN ENTITAS ANAKNYA                                                                                AND ITS SUBSIDIARIES
(D/H PT CARDIG AERO SERVICES TBK)                                           (PREVIOUSLY PT CARDIG AERO SERVICES TBK)
LAPORAN POSISI KEUANGAN                                                         INTERIM CONSOLIDATED STATEMENTS OF
KONSOLIDASIAN INTERIM (Lanjutan)                                                         FINANCIAL POSITION (Continued)
30 September 2025 (Tidak Diaudit)                                                           September 30, 2025 (Unaudited)
(Disajikan dalam Jutaan Rupiah,                                                             (Expressed in Millions of Rupiah,
Kecuali Dinyatakan Lain)                                                                           Unless Otherwise Stated)


                                            30 Sep 2025/             Catatan/         31 Des 2024/
                                            Sep 30, 2025              Notes           Dec 31, 2024

EKUITAS                                                                                                                               EQUITY
Ekuitas yang dapat                                                                                              Equity attributable to owner of
 diatribusikan kepada pemilik                                                                                                      the Parent:
 Entitas Induk:
 Modal saham - nilai nominal                                                                                              Share capital - Rp100
  Rp100 (angka penuh)                                                                                                   (full amount) par value
  per saham                                                                                                                             per share
 Modal dasar - 7.500.000.000                                                                                        Authorized - 7,500,000,000
  saham                                                                                                                                    shares
 Modal ditempatkan dan                                                                                                      Issued and fully paid
  Disetor penuh - 2.086.950.000                      208,695           18                      208,695                            share capital -
  saham                                                                                                                   2,086,950,000 shares
 Tambahan modal disetor                            (170,033)           19                     (170,033)                 Additional paid-in capital
 Selisih atas transaksi                                                                                                   Difference arising from
  dengan kepentinan                                                                                                        transaction with non-
  non-pengendali                                      43,768           20                        43,768                      controlling interests
 Selisih kurs penjabaran laporan                                                                                         Difference arising from
  keuangan                                                  --                                   (6,472)          foreign currency translation
 Pengukuran kembali liabilitas                                                                                                Remeasurement of
  imbalan kerja                                      (18,281)                                  (20,181)            employee benefit liabilities
 Saldo laba                                                                                                                    Retained earnings
  Ditentukan penggunaannya                            41,739                                     41,739                             Appropriated
  Belum ditentukan
    penggunaannya                                  1,341,864                                   990,538                            Unappropriated

                                                   1,447,752                                 1,088,054
 Kepentingan non-pengendali                          623,628           21                      534,361                   Non-controlling interests
TOTAL EKUITAS                                      2,071,380                                 1,622,415                         TOTAL EQUITY
TOTAL LIABILITAS DAN                                                                                                 TOTAL LIABILITIES AND
 EKUITAS                                           2,913,749                                 2,655,770                             EQUITY




Catatan atas laporan keuangan konsolidasian interim terlampir                     The accompanying notes to the interim consolidated financial
       merupakan bagian integral dari laporan keuangan                                            statement form integral part of
              konsolidasian secara keseluruhan                                  these interim consolidated financial statements taken as a whole

Final Draft/October 22, 2025                                     3                                                                    Sign:
Page 7
                                                                                        The original interim consolidated financial statements included herein
                                                                                                                               are in the Indonesian language.

PT CAHAYA AERO SERVICES TBK                                                                      PT CAHAYA AERO SERVICES TBK
(D/H PT CARDIG AERO SERVICES TBK)                                                   (PREVIOUSLY PT CARDIG AERO SERVICES TBK)
DAN ENTITAS ANAKNYA                                                                                         AND ITS SUBSIDIARIES
LAPORAN LABA RUGI DAN                                                                   INTERIM CONSOLIDATED STATEMENTS OF
PENGHASILAN KOMPREHENSIF LAIN                                                                                PROFIT OR LOSS AND
KONSOLIDASIAN INTERIM                                                                           OTHER COMPREHENSIVE INCOME
Untuk Periode Sembilan Bulan yang Berakhir                                                        For the Nine-months Period Ended
pada Tanggal 30 September 2025 (Tidak Diaudit)                                                      September 30, 2025 (Unaudited)
(Disajikan dalam Jutaan Rupiah,                                                                     (Expressed in Millions of Rupiah,
Kecuali Dinyatakan Lain)                                                                                   Unless Otherwise Stated)



                                              30 Sep 2025/                              30 Sep 2024/
                                              Sep 30, 2025               Catatan/       Sep 30, 2024
                                           (9 Bulan/ Months )             Notes      (9 Bulan/ Months )
Pendapatan dari kontrak                                                                                                         Revenues from contract
 dengan pelanggan                                    2,373,275             22                   2,019,128                             with customers
Beban usaha                                        (1,686,554)             23                 (1,451,095)                           Operating expenses

Laba usaha                                            686,721                                     568,033                       Profit from Operations

Penghasilan keuangan                                    66,591                                     35,746                              Finance income
Beban keuangan                                        (10,610)                                   (11,744)                                 Finance cost
Pendapatan operasi lain                                 82,222             24                     243,117                       Other operating income
Beban operasi lain                                    (32,737)             24                   (195,393)                      Other operating expense

Laba sebelum pajak penghasilan                        792,187                                     639,759                     Profit before income tax
Beban pajak penghasilan                              (159,670)             9d                   (137,365)                          Income tax expenses
Laba periode berjalan dari                                                                                                 Profit for the period from
 operasi yang dilanjutkan                             632,517                                     502,394                   continuing operations
Laba (rugi) periode berjalan dari                                                                                      Profit (loss) for the period from
 operasi yang dihentikan                                   436              8                        1,513                  discontinued operations
Laba periode berjalan                                 632,953                                     503,907                         Profit for the period
Penghasilan komprehensif lain                                                                                          Other comprehensive income

Pos yang akan direklasifikasi                                                                                           Item that will be reclassified
  ke laba rugi                                                                                                     subsequently to Profit or Loss
  Selisih kurs penjabaran laporan                                                                                           Differences arising from
    keuangan                                                    --                                   2,026          foreign currency translation

Pos yang tidak akan direklasifikasi                                                                                Item that will not be reclassified
  ke laba rugi                                                                                                                   to Profit or Loss
  Laba pengukuran                                                                                                          Remeasurement gain of
    kembali liabilitas imbalan kerja                      7,615                                      4,900              employee benefit liabilities
  Pajak penghasilan terkait                             (1,675)            9d                      (1,078)                     Related income tax
Penghasilan komprehensif                                                                                                         Other comprehensive
 lain periode berjalan                                   5,940                                       5,848                      income for the period


Total penghasilan                                                                                                                 Total comprehensive
 komprehensif periode berjalan                        638,893                                     509,755                       income for the period




Catatan atas laporan keuangan konsolidasian interim terlampir                         The accompanying notes to the interim consolidated financial
       merupakan bagian integral dari laporan keuangan                                                statement form integral part of
              konsolidasian secara keseluruhan                                      these interim consolidated financial statements taken as a whole

Final Draft/October 22, 2025                                         4                                                                    Sign:
Page 8
                                                                                    The original interim consolidated financial statements included herein
                                                                                                                           are in the Indonesian language.

PT CAHAYA AERO SERVICES TBK                                                                  PT CAHAYA AERO SERVICES TBK
(D/H PT CARDIG AERO SERVICES TBK)                                               (PREVIOUSLY PT CARDIG AERO SERVICES TBK)
DAN ENTITAS ANAKNYA                                                                                     AND ITS SUBSIDIARIES
LAPORAN LABA RUGI DAN                                                               INTERIM CONSOLIDATED STATEMENTS OF
PENGHASILAN KOMPREHENSIF LAIN                                                                            PROFIT OR LOSS AND
KONSOLIDASIAN INTERIM                                                                       OTHER COMPREHENSIVE INCOME
Untuk Periode Sembilan Bulan yang Berakhir                                                    For the Nine-months Period Ended
pada Tanggal 30 September 2025 (Tidak Diaudit)                                                  September 30, 2025 (Unaudited)
(Disajikan dalam Jutaan Rupiah,                                                                 (Expressed in Millions of Rupiah,
Kecuali Dinyatakan Lain)                                                                               Unless Otherwise Stated)




                                              30 Sep 2025/                           30 Sep 2024/
                                              Sep 30, 2025           Catatan/        Sep 30, 2024
                                           (9 Bulan/ Months )         Notes       (9 Bulan/ Months )

Laba periode berjalan yang                                                                                                    Profit for the period
 dapat diatribusikan kepada:                                                                                                     attributable to:
 Pemilik entitas induk                                 357,798                                 260,536                      Owners of the parent
 Kepentingan non-pengendali                            275,155                                 243,371                    Non-controlling interests
                                                       632,953                                 503,907

Total penghasilan komprehensif                                                                                      Total comprehensive income
  periode berjalan yang dapat                                                                                                    for the period
  diatribusikan kepada:                                                                                                         attributable to:
 Pemilik entitas induk                                 360,820                                 263,675                      Owners of the parent
 kepentingan non-pengendali                            278,073                                 246,080                  Non-Controlling Interests
                                                       638,893                                 509,755
Laba per saham dasar                                                                                                              Basic profit per
 yang dapat diatribusikan                                                                                                    share attributable to
 kepada pemilik entitas                                                                                                     owners of the parent
 induk (angka penuh)                                       171         25                           125                             (full amount)




Catatan atas laporan keuangan konsolidasian interim terlampir                     The accompanying notes to the interim consolidated financial
       merupakan bagian integral dari laporan keuangan                                            statement form integral part of
              konsolidasian secara keseluruhan                                  these interim consolidated financial statements taken as a whole

Final Draft/October 22, 2025                                     5                                                                    Sign:
Page 9
                                                                                                                                                                                                                  The original interim consolidated financial statements included herein
                                                                                                                                                                                                                                                         are in the Indonesian language.

            PT CAHAYA AERO SERVICES TBK                                                                                                                                                              PT CAHAYA AERO SERVICES TBK
            DAN ENTITAS ANAKNYA                                                                                                                                                                                 AND ITS SUBSIDIARIES
            (D/H PT CARDIG AERO SERVICES TBK)                                                                                                                                            (PREVIOUSLY PT CARDIG AERO SERVICES TBK)
            LAPORAN PERUBAHAN EKUITAS KONSOLIDASIAN INTERIM                                                                                                                 INTERIM CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY
            Untuk Periode Sembilan Bulan yang Berakhir                                                                                                                                                For the Nine-months Period Ended
            pada Tanggal 30 September 2025 (Tidak Diaudit)                                                                                                                                              September 30, 2025 (Unaudited)
            (Disajikan dalam Jutaan Rupiah,                                                                                                                                                             (Expressed in Millions of Rupiah,
            Kecuali Dinyatakan Lain)                                                                                                                                                                           Unless Otherwise Stated)
                                                                                                                Ekuitas yang dapat diatribusikan kepada emilik Entitas Induk/
                                                                                                                          Equity attributable holder of the Parent
                                                                                                         Selisih atas
                                                                                                     Transaksi ekuitas,
                                                                                                    dengan kepemilikan                                                          Saldo laba/Retained earnings
                                                                                                      non-pengendali/             Selisih kurs            Pengukuran
                                                       Modal saham -           Tambahan              Difference arising           penjabaran            kembali liabilitas
                                                        ditempatkan              modal                   from equity          laporan keuangan/          imbalan kerja/                                                            Kepentingan
                                                     dan disetor penuh/         disetor/              transaction with        Difference arising        Remeasurement          Ditentukan      Belum ditentukan                   non pengendali/        Total
                                           Catatan/ Share capital - issued     Additional             non-controlling            from foreign             of employee        penggunaannya/ penggunaannya/            Total/      Non-controlling       ekuitas/
                                            Notes      and fully paid        paid-in capital               Interests         currency translation       benefit liabilities   Appropriated      Unappropriated        Total          interests        Total equity

Saldo per 1 Januari 2024                                         208,695            (170,033)                    43,768                  (3,778)               (19,798)              41,739            614,960         715,553            316,875        1,032,428       Balance as of January 1, 2024


Laba periode berjalan                                                  --                      --                     --                      --                       --                 --           260,536         260,536            243,371          503,907                    Profit for the Period
                                                                                                                                                                                                                                                                                  Difference arising from
Selisih kurs penjabaran laporan keuangan                               --                      --                     --                  1,033                        --                 --                 --          1,033                993            2,026        foreign currency transaction
Keuntungan pengukuran kembali                                                                                                                                                                                                                                          Remeasurement gain of employee
  liabilitas imbalan kerja setelah pajak                               --                      --                     --                      --                  2,106                   --                 --          2,106               1,716           3,822          benefits liabillities after tax
Total penghasilan komprehensif lain                                                                                                                                                                                                                                         Total comprehensive income
   periode berjalan                                                    --                      --                     --                  1,033                   2,106                   --           260,536         263,675              246,080         509,755                        for the period
Dividen kas                                  1c                        --                      --                     --                      --                      --                  --                 --              --           (112,481)       (112,481)                          Cash dividend
Saldo per 30 September 2024                                      208,695            (170,033)                    43,768                  (2,745)               (17,692)              41,739            875,496         979,228             450,474       1,429,702    Balance as of September 30, 2024



Saldo per 31 Desember 2024                                       208,695            (170,033)                    43,768                  (6,472)               (20,181)              41,739            990,538       1,088,054            534,361        1,622,415    Balance as of December 31, 2024
Laba periode berjalan                                                  --                      --                     --                      --                       --                 --           357,798         357,798            275,155          632,953                   Profit for the Period
Keuntungan pengukuran kembali                                                                                                                                                                                                                                          Remeasurement gain of employee
  liabilitas imbalan kerja setelah pajak                               --                      --                     --                      --                  3,022                   --                 --          3,022               2,918           5,940          benefits liabillites after tax
Total penghasilan komprehensif lain                                                                                                                                                                                                                                        Total comprehensive income
   periode berjalan                                                    --                      --                     --                      --                   3,022                  --           357,798         360,820              278,073         638,893                       for the period
Dividen kas                                  1c                        --                      --                     --                      --                       --                 --                 --              --           (244,229)       (244,229)                         Cash dividend
Pelepasan entitas anak                                                 --                      --                     --                  6,472                  (1,122)                  --            (6,472)         (1,122)              55,423          54,301         Disposal of the subsidiaries
Saldo per 30 September 2025                                      208,695            (170,033)                    43,768                       --               (18,281)              41,739           1,341,864      1,447,752             623,628       2,071,380    Balance as of September 30, 2025

            Catatan atas laporan keuangan konsolidasian interim terlampir                                                                                                                                   The accompanying notes to the interim consolidated financial
                   merupakan bagian integral dari laporan keuangan                                                                                                                                                         statement form integral part of
                          konsolidasian secara keseluruhan                                                                                                                                                these interim consolidated financial statements taken as a whole

            Final Draft/October 22, 2025                                                                                                              6                                                                                                                          Sign:
Page 10
                                                                                       The original interim consolidated financial statements included herein
                                                                                                                              are in the Indonesian language.

PT CAHAYA AERO SERVICES TBK                                                                   PT CAHAYA AERO SERVICES TBK
DAN ENTITAS ANAKNYA                                                                                       AND ITS SUBSIDIARIES
(D/H PT CARDIG AERO SERVICES TBK)                                                 (PREVIOUSLY PT CARDIG AERO SERVICES TBK)
LAPORAN ARUS KAS                                                                         INTERIM CONSOLIDATED STATEMENTS
KONSOLIDASIAN INTERIM                                                                                           OF CASH FLOWS
Untuk Periode Sembilan Bulan yang Berakhir                                                      For the Nine-months Period Ended
pada Tanggal 30 September 2025 (Tidak Diaudit)                                                    September 30, 2025 (Unaudited)
(Disajikan dalam Jutaan Rupiah,                                                                   (Expressed in Millions of Rupiah,
Kecuali Dinyatakan Lain)                                                                                 Unless Otherwise Stated)


                                                 30 Sep 2025/                          30 Sep 2024/
                                                 Sep 30, 2025         Catatan/         Sep 30, 2024
                                              (9 Bulan/ Months )       Notes        (9 Bulan/ Months )

                                                                                                                                        Cash Flows from
Arus Kas dari Aktivitas Operasi                                                                                                     Operating Activities
 Penerimaan kas dari pelanggan                          2,496,023                             2,148,075                        Revenue from customers
 Pembayaran kas kepada pemasok                        (1,115,422)                             (900,890)                            Cash paid to suppliers
 Pembayaran kas kepada karyawan                         (613,889)                             (532,493)                          Cash paid to employees
 Penerimaan pendapatan bunga                               55,000                                18,161                         Interest income received
 Pembayaran beban bunga                                                                                                     Payment of interest expenses
 dan biaya bank                                          (3,016)                                 (8,500)                             and bank charges
 Pembayaran pajak                                      (210,244)                               (139,236)                                   Payment of tax
 Arus Kas Neto Diperoleh dari                                                                                               Net Cash Flows Provided by
  Aktivitas Operasi                                      608,452                                 585,117                           Operating Activities

                                                                                                                                           Cash Flow from
 Arus Kas dari Aktivitas Investasi                                                                                                   Investing Activities
                                                                                                                                 Proceeds from disposal of
 Hasil pelepasan aset tetap                                     701     11                           181                        fixed assets fixed assets
 Penerimaan dari pelepasan entitas anak                           1                                    --            Proceeds from disposal of subsidiary
 Kas dan setara kas entitas                                                                                                 Cash and cash equivalents of
  anak yang dilepaskan                                      (459)                                     --                             subsidiary disposed
 Perolehan aset tetap                                    (60,615)       11                      (62,883)                           Additions of fixed assets
 Penerimaan pembayaran pinjaman kepada                                                                               Receipt of loan repayment granted to
  pihak berelasi                                                 --                              456,399                                      related party

 Arus Kas Neto Digunakan untuk                                                                                                   Net Cash Flows Used in
  Aktivitas Investasi                                    (60,372)                                393,697                            Investing Activities

                                                                                                                                         Cash Flows from
 Arus Kas dari Aktivitas Pendanaan                                                                                                  Financing Activities
 Pembayaran dividen kas                                (244,229)                               (112,481)                         Payment of cash dividens
 Penerimaan Pengalihan Pinjaman                                                                                                   Receipt of Loan transfer
  dari Pihak Ketiga                                         1,002                                     --                               from Third Party
 Pembayaran liabilitas sewa                              (51,090)                               (48,475)                        Payment of lease liabilities
 Arus Kas Neto Digunakan untuk                                                                                                   Net Cash Flows Used in
  Aktivitas Pendanaan                                  (294,317)                               (160,956)                           Financing Activities

Kenaikan Neto                                                                                                                            Net Increase in
 Kas dan Setara Kas                                      253,763                                 817,858                      Cash and Cash Equivalent

Pengaruh Perubahan Kurs Mata Uang Asing                    7,869                                  (2,272)       Effect of Foreign Exchange Rate Changes

Saldo Kas dan Setara Kas                                                                                                     Cash and Cash Equivalents
 Pada Awal Periode                                     1,480,054                                 453,153                at the Beginning of the Period

Saldo Kas dan Setara Kas                                                                                                     Cash and Cash Equivalents
 Pada Akhir Periode                                    1,741,686                              1,268,739                        at the End of the Period




Catatan atas laporan keuangan konsolidasian interim terlampir                    The accompanying notes to the interim consolidated financial
        merupakan bagian integral dari laporan keuangan                                             statement form integral part of
              konsolidasian secara keseluruhan                                   these interim consolidated financial statements taken as a whole
Final Draft/October 22, 2025                                     7                                                                Sign:
Page 11
                                                                      The original interim consolidated financial statements included herein
                                                                                                             are in the Indonesian language.

           PT CAHAYA AERO SERVICES TBK                                  PT CAHAYA AERO SERVICES TBK
         (D/H PT CARDIG AERO SERVICES TBK)                       (PREVIOUSLY PT CARDIG AERO SERVICES TBK)
                DAN ENTITAS ANAKNYA                                           AND ITS SUBSIDIARIES
               CATATAN ATAS LAPORAN                                  NOTES TO THE INTERIM CONSOLIDATED
         KEUANGAN KONSOLIDASIAN INTERIM                                     FINANCIAL STATEMENTS
      Tanggal 30 September 2025 dan untuk Periode                As of September 30, 2025 and for the Nine-months
       Sembilan Bulan yang Berakhir pada Tanggal                          Period Then Ended (Unaudited)
     Tersebut (Tidak Diaudit) (Disajikan dalam Jutaan                    (Expressed in Millions of Rupiah,
            Rupiah, Kecuali Dinyatakan Lain)                                 Unless Otherwise Stated)



1.     UMUM                                                      1.      GENERAL

       a.   Pendirian dan Informasi Umum                                a.    Establishment and General Information

            PT Cahaya Aero Services Tbk (d/h PT Cardig                        PT Cahaya Aero Services Tbk (previously PT
            Aero Services Tbk) (“Perusahaan”) didirikan                       Cardig Aero Services Tbk) (“the Company”)
            berdasarkan     Akta   No.    25    tanggal                       was established based on Deed No. 25 dated
            16 Juli 2009 dibuat di hadapan Siti Pertiwi                       July 16, 2009, of Notary Siti Pertiwi Henny
            Henny Singgih, S.H., Notaris di Jakarta;                          Singgih, S.H., in Jakarta. The Deed of
            pendiriannya memperoleh pengesahan dari                           Establishment was approved by the Minister of
            Menteri Hukum dan Hak Asasi Manusia                               Law and Human Rights of the Republic
            Republik    Indonesia   berdasarkan   Surat                       of     Indonesia     in    Decision     Letter
            Keputusan      No.     AHU-34028.AH.01.01.                        No. AHU-34028.AH.01.01. Year 2009 dated
            Tahun 2009 tanggal 21 Juli 2009, dan telah                        July 21, 2009, which was published in State
            diumumkan dalam Lembaran Berita Negara                            Gazette No. 62, dated August 3, 2010 and
            No. 62 tanggal 3 Agustus 2010 dengan                              Additional State Gazette No. 7168 Year 2010.
            Tambahan Berita Negara No. 7168 Tahun
            2010.

            Anggaran Dasar Perusahaan telah beberapa                          The Company’s Articles of Association have
            kali   mengalami    perubahan,      perubahan                     been amended several time, the latest
            Anggaran Dasar terakhir tertuang dalam Akta                       amendment of the Articles of Association
            No. 03, tanggal 8 Mei 2025 dibuat di hadapan                      stipulated in Deed Number 03, dated May 8,
            Pratiwi Handayani, SH.,MKn, Notaris di                            2025, made before Pratiwi Handayani,
            Jakarta, sehubungan dengan perubahan nama                         S.H.,M.Kn., Notary in Jakarta, in relation to the
            dan tempat kedudukan Perusahaan, dari PT                          change of the Company’s name and domicile,
            Cardig Aero Services Tbk menjadi PT Cahaya                        from PT Cardig Aero Services Tbk to become
            Aero Services Tbk, dan perubahan tempat                           PT Cahaya Aero Services Tbk, and the
            kedudukan      Perusahaan,     dari    semula                     change of the domicile of the Company from
            berkedudukan di Jakarta Timur menjadi                             previously domiciled in East Jakarta changed
            berkedudukan di Kota Tangerang, yang telah                        to Tangerang City, which has been granted
            memperoleh pengesahan Menteri Hukum                               approval from the Minister of Law of the
            berdasarkan Surat keputusan No. AHU-                              Republic of Indonesia pursuant to Decree
            0030449.AH.01.02 TAHUN 2025 tanggal 9 Mei                         Number AHU-0030449.AH.01.02 of year 2025
            2025; dan perubahan susunan Dewan                                 dated May 9, 2025; and the latest amendment
            Komisaris dan Direksi terakhir adalah                             of the structure of the Board of Commissioners
            berdasarkan Akta No. 12 tanggal 21 Juni                           and Directors as stated in Deed No. 12 dated
            2024 dibuat di hadapan Raden Rita Diana                           June 21, 2024, made before Raden Rita Siti
            Syarifah, S.H., M.Kn., Notaris di Jakarta, dan                    Syarifah, which changes of data have been
            perubahan datanya telah diterima dan dicatat                      received and recorded in Legal Entity General
            pada Sistim Administrasi Badan Hukum                              Administration System of the the Minister of
            Kementerian Hukum dan Hak Asasi Manusia                           Law and Human Rights of the Republic of
            sebagaimana Surat Penerimaan Perubahan                            Indonesia by virtue of the Decree No. AHU-
            Data Perseroan No. AHU-AH.01.03-0171358                           AH-01.03-0171358 Tahun 2024 dated July 12,
            Tahun 2024 tanggal 12 Juli 2024.                                  2024.

            Perusahaan bergerak di bidang perdagangan,                        The Company’s activities are mainly to engage
            keagenan, perwakilan, jasa, angkutan, dan                         in trading, agency, representatives, services,
            industri. Perusahaan mulai beroperasi secara                      transportation and industry. The Company
            komersil tanggal 1 Januari 2010.                                  started      commercial     operations     on
                                                                              January 1, 2010.




                                                             8
Page 12
                                                                   The original interim consolidated financial statements included herein
                                                                                                          are in the Indonesian language.

      PT CAHAYA AERO SERVICES TBK                                       PT CAHAYA AERO SERVICES TBK
    (D/H PT CARDIG AERO SERVICES TBK)                            (PREVIOUSLY PT CARDIG AERO SERVICES TBK)
           DAN ENTITAS ANAKNYA                                                AND ITS SUBSIDIARIES
          CATATAN ATAS LAPORAN                                       NOTES TO THE INTERIM CONSOLIDATED
    KEUANGAN KONSOLIDASIAN INTERIM                                          FINANCIAL STATEMENTS
 Tanggal 30 September 2025 dan untuk Periode                     As of September 30, 2025 and for the Nine-months
  Sembilan Bulan yang Berakhir pada Tanggal                               Period Then Ended (Unaudited)
Tersebut (Tidak Diaudit) (Disajikan dalam Jutaan                         (Expressed in Millions of Rupiah,
       Rupiah, Kecuali Dinyatakan Lain)                                      Unless Otherwise Stated)



       Perusahaan berkedudukan di Kota Tangerang,                          The Company is domiciled in Kota Tangerang,
       beralamat di Wisma Soewarna Lantai 3,                               addressed at Wisma Soewarna 3rd Floor,
       Soewarna Business Park, Jl. Raya Bandara                            Soewarna Business Park, Jl. Raya Bandara
       Soekarno-Hatta,    Kelurahan       Pajang,                          Soekarno-Hatta,    Kelurahan        Pajang,
       Kecamatan Benda, Kota Tangerang, Banten                             Kecamatan Benda, Kota Tangerang, Banten,
       15126.                                                              15126.

       Posisi per tanggal 30 September 2025, PT                            Position as of September 30, 2025 PT Roket
       Roket Cipta Sentosa dan PT Elang Mahkota                            Cipta Sentosa and PT Elang Mahkota
       Teknologi Tbk, masing-masing adalah entitas                         Teknologi Tbk are respectively, the parent
       induk dan entitas induk terakhir dari                               entity and the ultimate parent entity of the
       Perusahaan.                                                         Company.

       Manajemen     bertanggung     jawab     atas                        Management is responsible for the preparation
       penyusunan dan penyajian laporan keuangan                           and presentation of the interim consolidated
       konsolidasian  interim   ini,  yang    telah                        financial statements, which were completed
       diselesaikan dan disetujui untuk diterbitkan                        and authorized for issuance by the Company’s
       oleh Direksi Perusahaan pada tanggal 24                             Directors on October 24, 2025.
       Oktober 2025.

  b.   Dewan Komisaris, Direksi, dan Karyawan                        b.    Board of Commissioners, Directors and
                                                                           Employees

       Susunan dewan komisaris dan            direksi                      The composition of the Company’s boards of
       Perusahaan adalah sebagai berikut:                                  commissioners and directors is as follows:


                                       30 Sep 2025/                 31 Des 2024/
                                       Sep 30, 2025                 Dec 31, 2024

        Dewan Komisaris                                                                                   Board of Commissioners
        Presiden Komisaris       Djoko Suyanto                 Djoko Suyanto                                President Commissioner
        Komisaris                Chi Cheng Bock                Chi Cheng Bock                                         Commissioner
        Komisaris Independen     Armand Bachtiar Arief         Armand Bachtiar Arief                     Independent Commissioner
        Komisaris Independen     Agung Budi Maryoto            Agung Budi Maryoto                        Independent Commissioner

        Direksi                                                                                                   Board of Directors
        Presiden Direktur        Andya Daniswara               Andya Daniswara                                     President Director
        Direktur                 Sunarsih                      Sunarsih                                                      Director
        Direktur                 Sutji Relowati Rahardjo       Sutji Relowati Rahardjo                                       Director


       Pada tanggal 29 Mei 2024, Perusahaan telah                          On May 29, 2024, the Company appointed
       menunjuk Purnama Wirya sebagai Sekretaris                           Purnama Wirya as Corporate Secretary.
       Perusahaan.

       Susunan Komite Audit Perusahaan adalah                              The composition of the Company’s Audit
       sebagai berikut:                                                    Committee is as follows:

                                       30 Sep 2025/                 31 Des 2024/
                                       Sep 30, 2025                 Dec 31, 2024

        Komite Audit                                                                                                Audit Committee
        Ketua                    Armand Bachtiar Arief         Armand Bachtiar Arief                                       Chairman
        Anggota                  Haryanto Sahari               Haryanto Sahari                                              Member
        Anggota                  Regina Jansen Arsjah          Regina Jansen Arsjah                                         Member




                                                           9
Page 13
                                                                                                    The original interim consolidated financial statements included herein
                                                                                                                                           are in the Indonesian language.

      PT CAHAYA AERO SERVICES TBK                                                                        PT CAHAYA AERO SERVICES TBK
    (D/H PT CARDIG AERO SERVICES TBK)                                                             (PREVIOUSLY PT CARDIG AERO SERVICES TBK)
           DAN ENTITAS ANAKNYA                                                                                 AND ITS SUBSIDIARIES
          CATATAN ATAS LAPORAN                                                                        NOTES TO THE INTERIM CONSOLIDATED
    KEUANGAN KONSOLIDASIAN INTERIM                                                                           FINANCIAL STATEMENTS
 Tanggal 30 September 2025 dan untuk Periode                                                      As of September 30, 2025 and for the Nine-months
  Sembilan Bulan yang Berakhir pada Tanggal                                                                Period Then Ended (Unaudited)
Tersebut (Tidak Diaudit) (Disajikan dalam Jutaan                                                          (Expressed in Millions of Rupiah,
       Rupiah, Kecuali Dinyatakan Lain)                                                                       Unless Otherwise Stated)



            Kepala internal audit Perusahaan pada tanggal                                                        The Company’s head of internal audit as of
            30 September 2025 dan 31 Desember 2024                                                               September 30, 2025 and December 31, 2024
            adalah Krisna Adi Pramuditya.                                                                        is Krisna Adi Pramuditya.

            Pada tanggal 30 September 2025 dan 31                                                                 As of September 30, 2025 and December 31,
            Desember 2024, jumlah karyawan tetap                                                                  2024, the Company and subsidiaries
            Perusahaan dan entitas anak (secara                                                                   (collectively referred to as “the Group”) had a
            bersama-sama   dirujuk sebagai  “Grup”)                                                               total of 2,342 and 2,390 employees,
            masing-masing sebanyak 2.342 dan 2.390                                                                respectively.
            karyawan.

    c.      Entitas Anak                                                                               c.         Subsidiaries
            Pada tanggal 30 September 2025 dan 31                                                                As of September 30, 2025 and December 31,
            Desember 2024, Perusahaan mempunyai                                                                  2024, the Company has control in the following
            kendali pada entitas-entitas berikut:                                                                subsidiaries:

                                                                                                                                                         Total aset sebelum
                                                                              Tahun operasi      Persentase kepemilikan/        Harga Perolehan/        eliminasi/ Total assets
                                                                              komersial/ Start   Percentage of ownership        Acquisition Cost           before elimination
     Entitas Anak/                Domisili/           Jenis usaha/            of commercial      30 Sep 2025/ 31 Des 2024/ 30 Sep 2025/ 31 Des 2024/ 30 Sep 2025/ 31 Des 2024/
     Subsidiaries                 Domicile        Nature of business            operations       Sep 30, 2025 Dec 31, 2024 Sep 30, 2025 Dec 31, 2024 Sep 30, 2025 Dec 31, 2024
PT Jasa Angkasa                    Jakarta    Jasa Penanganan Darat
Semesta Tbk (JAS)                             Angkutan Udara/ Ground               1984                50.10            50.10     161,541      161,541     1,652,428     1,726,840
                                              Handling Services of Airplane

PT JAS Aero                        Jakarta    Rilis dan Perbengkelan
Engineering                                   Pesawat Udara/ Aircraft              2003                51.00            51.00      30,976       30,976       224,593       181,205
Services (JAE)                                Release and Maintenance

PT Cardig Anugra                   Jakarta    Jasa Manajemen Fasilitas/
Sarana Bersama (Dalam                         Facility Management                  2011               100.00           100.00      55,961       55,961          941           644
likuidasi/in liquidation)                     Services
(CASB)*

PT Cahaya Anugrah
Sarana Catering (d/h               Jakarta    Jasa Boga/
PT Cardig Anugrah                             Catering Services                    2011               100.00           100.00     129,601      129,601        73,916        56,280
Sarana Catering
(CASC)

PT Cardig Aero                     Jakarta    Jasa Pengelolaan Bandar
Sarana Dirgantara (Dalam                      Udara/ Airport Management            2013               100.00           100.00       2,400        2,400          467           478
likuidasi/in liquidation)                      Services
(CASD)*

PT Purantara Mitra                 Jakarta    Jasa Boga/
Angkasa Dua                                   Catering Services                    2001                78.33            78.33      61,500       61,500       256,259       193,720
(PMAD)

PT Arang Agung Graha                Bali      Restoran/Restaurant
(Sudah dilikuidasi/ liquidated)                                                    2015                     -           93.15         -         10,266           -                26
(AAG)

PT Jakarta Aviation                           Pelatihan Penerbangan/
Training Centre (JATC)        Tangerang       Aviation Training                    2011                     -           51.00         -         90,478           -          30,551
(Sudah didivestasi/ divested )

PT Cinta Airport                   Jakarta    Jasa Pengelolaan Bandar
Flores (CAF)                                  Udara/ Airport Management              -                 80.00            80.00      18,960       18,960          134           162
                                              Services

            *) Pada tanggal 30 September 2025, entitas anak dalam                                               *) As of September 30, 2025, the subsidiaries is in liquidation
            proses likuidasi.                                                                                     process.

            Perubahan dalam entitas-entitas anak selama                                                           Changes in the subsidiaries during the current
            tahun berjalan adalah sebagai berikut:                                                                year are as follows:




                                                                                          10
Page 14
                                                            The original interim consolidated financial statements included herein
                                                                                                   are in the Indonesian language.

      PT CAHAYA AERO SERVICES TBK                                 PT CAHAYA AERO SERVICES TBK
    (D/H PT CARDIG AERO SERVICES TBK)                      (PREVIOUSLY PT CARDIG AERO SERVICES TBK)
           DAN ENTITAS ANAKNYA                                          AND ITS SUBSIDIARIES
          CATATAN ATAS LAPORAN                                 NOTES TO THE INTERIM CONSOLIDATED
    KEUANGAN KONSOLIDASIAN INTERIM                                    FINANCIAL STATEMENTS
 Tanggal 30 September 2025 dan untuk Periode               As of September 30, 2025 and for the Nine-months
  Sembilan Bulan yang Berakhir pada Tanggal                         Period Then Ended (Unaudited)
Tersebut (Tidak Diaudit) (Disajikan dalam Jutaan                   (Expressed in Millions of Rupiah,
       Rupiah, Kecuali Dinyatakan Lain)                                Unless Otherwise Stated)



      PT Jasa Angkasa Semesta Tbk (“JAS”)                           PT Jasa Angkasa Semesta Tbk (“JAS”)

      Pada   tahun   2025    dan   2024,   JAS                      In 2025 and 2024, JAS has paid cash dividend
      membayarkan dividen kas sebesar Rp459.978                     amounting to Rp459,978 and Rp194,924.
      dan Rp194.924.
                                                                    On October 11, 2022, JAS made a Company
      Pada tanggal 11 Oktober 2022, JAS
                                                                    information disclosure to shareholders related
      melakukan Keterbukaan Informasi Kepada
                                                                    to the planned change in the company's status
      Pemegang Saham Terkait              Rencana
                                                                    from a public company to a private company,
      Perubahan      Status     Perusahaan     dari
                                                                    which had also been submitted to the Financial
      Perusahaan Terbuka Menjadi Perusahaan
                                                                    Services Authority (“OJK”) before the
      Tertutup, yang juga telah disampaikan kepada
                                                                    Independent General Meeting of Shareholders
      Otoritas Jasa Keuangan (“OJK”) sebelum
                                                                    was carried out in accordance with the laws
      dilaksanakannya Rapat Umum Pemegang
                                                                    and regulations.
      Saham Independen agar sesuai peraturan
      perundang-undangan.

      Berdasarkan nilai pasar per saham JAS yang                    Based on the market value per share, as
      tercantum pada laporan penilaian saham oleh                   reported in the stock assessment report by the
      Kantor Jasa Penilai Publik Agus, Ali, Firdaus                 Office of Public Appraisal Services Agus, Ali,
      dan       Rekan      No.        00153/2.0134-                 Firdaus and Partners No. 00153/2.0134-
      00/BS/05/0345/1/IX/2022       tanggal      19                 00/BS/05/0345 /1/IX/2022 dated 19 September
      September 2022, JAS telah melakukan                           2022, JAS has bought back shares on the
      pembelian kembali saham atas saham                            shareholders       Employee      Shareholders
      Program Kepemilikan Pemegang Saham                            Ownership Program of 164,756 shares
      Karyawan dari Perusahaan sejumlah 164.756                     with market value Rp3,275 (full amount) per
      lembar saham dengan nilai pasar Rp3.275                       share on October 31, 2022.
      (rupiah penuh) per lembar pada tanggal 31
      Oktober 2022.

      Sesuai surat pemberitahuan dari Otoritas Jasa                  In accordance with notification letter
      Keuangan No. S-2398/PM.222/2022 pada                          from the Financial Services Authority
      tanggal 2 November 2022 perihal Laporan                       No.S-2398/PM.222/2022 on November 2,
      Informasi atau Fakta Material Keterbukaan                     2022, regarding the information report or
      Informasi Kepada Pemegang Saham terkait                       material information disclosure to shareholders
      Rencana Perubahan status JAS dari                             related plan to change the status of the
      Perusahaan terbuka menjadi tertutup, pada                     Company from public company to private
      tahap ini JAS diminta untuk melengkapi                        company, whereby JAS is required to submit
      dokumen lebih lanjut kepada OJK sebelum                       additional documents to OJK before carrying
      melaksanakan Rapat Umum Pemegang                              out an independent general meeting of
      Saham Independen, yakni laporan keuangan                      shareholders, namely the financial statements
      dan laporan penilaian saham dengan tanggal                    and share valuation report with the latest cut-
      tahun buku terbaru sebelum melaksanakan                       off date before conducting the Independent
      Rapat Umum Pemegang Saham Independen.                         General Meeting of Shareholders.

      Selanjutnya pada tanggal 24 Januari 2025,                     Hereinafter, on January 24, 2025, JAS
      JAS         menerima        surat     OJK                     received OJK letter No.212/PM.212/2025 , for
      No.212/PM.212/2025, agar JAS melakukan                        JAS to carry out Corporate Action from Public
      Aksi Korporasi Perusahaan Terbuka Menjadi                     Company to Private Company (Go Private) in
      Perusahaan Tertutup (Go Private) sesuai                       accordance with the provisions of Financial
      dengan ketentuan Peraturan Otoritas Jasa                      Services Authority Regulation No. 45 of 2024
      Keuangan No 45 tahun 2024 tentang                             concerning      the     Development        and
      Pengembangan dan Penguatan Emiten dan                         Strengthening    of   Issuers      and   Public
      Perusahaan Publik (POJK 45/2024). Sampai                      Companies (POJK 45/2024). Up to the
      dengan     tanggal   penyelesaian  laporan                    completion date of the interim consolidated
      keuangan konsolidasian interim, JAS masih                     financial statement, JAS is still in process to
      dalam proses melaksanakan Aksi Korporasi                      Corporate Action for Go Private in accordance
                                                      11
Page 15
                                                            The original interim consolidated financial statements included herein
                                                                                                   are in the Indonesian language.

      PT CAHAYA AERO SERVICES TBK                                 PT CAHAYA AERO SERVICES TBK
    (D/H PT CARDIG AERO SERVICES TBK)                      (PREVIOUSLY PT CARDIG AERO SERVICES TBK)
           DAN ENTITAS ANAKNYA                                          AND ITS SUBSIDIARIES
          CATATAN ATAS LAPORAN                                 NOTES TO THE INTERIM CONSOLIDATED
    KEUANGAN KONSOLIDASIAN INTERIM                                    FINANCIAL STATEMENTS
 Tanggal 30 September 2025 dan untuk Periode               As of September 30, 2025 and for the Nine-months
  Sembilan Bulan yang Berakhir pada Tanggal                         Period Then Ended (Unaudited)
Tersebut (Tidak Diaudit) (Disajikan dalam Jutaan                   (Expressed in Millions of Rupiah,
       Rupiah, Kecuali Dinyatakan Lain)                                Unless Otherwise Stated)



      Menjadi Perusahaan Tertutup (Go Private)                      with POJK 45/2024. The process has been
      sesuai dengan POJK 45/2024. Adapun proses                     carried out by JAS for this Go Private process
      yang telah dilakukan JAS untuk proses Go                      obtain the approval of the General Meeting of
      Private ini yakni memperoleh persetujuan                      Shareholders (EGMS) dated 16 June 2025
      Rapat Umum Pemegang Saham (RUPS) Luar                         ,with following agenda of JAS EGMS:
      Biasa tanggal 16 Juni 2025 untuk mata acara
      RUPS Luar Biasa sebagai berikut:
       1. Persetujuan JAS Status Perusahaan dari                         1.    To Approve of the Change of JAS
          Perusahaan Terbuka menjadi Perusahaan                                Status from Public Company to
          Tertutup.                                                            Private Company.
       2. Memberikan wewenang kepada Direksi                             2.    To Authorize the Board of Directors to
          untuk melakukan segala Tindakan yang                                 take all necessary actions in order to
          diperlukan dalam rangka melaksanakan                                 implement the change in the status of
          Perubahan Status JAS dari Perusahaan                                 JAS from a Public Company to a
          Terbuka menjadi Perusahaan Tertutup dan                              Private Company and to implement
          melaksanakan Perubahan Anggaran Dasar                                changes      to   JAS    Articles   of
          JAS.                                                                 Association.
       3. Penegasan Susunan Pemegang Saham                               3.    The       Confirmation     of     JAS
          JAS.                                                                 Shareholders' Composition.

      Berdasarkan     persetujuan RUPS      terkait                 Based on the approval of the GMS regarding
      Privatisasi dan ketentuan POJK 45/2024, JAS                   Privatization and the provisions of POJK
      melaksanakan pembelian kembali saham                          regulation No.45/2024, JAS conducted a share
      (buyback) sesuai ketentuan Pasal 33 ayat (2)                  buyback, in accordance with Article 33
      POJK 45/2024 dan penentuan nilai buyback                      paragraph (2) POJK 45/2024. The buyback
      mengacu pada Surat Otoritas Jasa Keuangan                     value determined pursuant to the Financial
      No S-1007/PM.212/2025 tanggal 13 Juni 2025                    Services      Authority    Letter      No.   S-
      perihal Tanggapan Permohonan Arahan Data                      1007/PM.212/2025 dated June 13, 2025,
      Pembanding atas Nilai Perhitungan Buku Per                    concerning the Response to the Request for
      Saham JAS dalam rangka Proses Go Private                      Comparative       Data   Guidance       for the
      JAS dilaksanakan berdasarkan: 1) harga                        Calculation of Book Value Per Share of JAS in
      pembelian kembali saham JAS dapat                             the context of the Go Private Process of JAS.
      mengacu pada harga pasar wajar yang                           The buyback price for JAS shares may be
      ditetapkan oleh Penilai Independen; atau 2)                   determined based on: 1) the fair market value
      nilai buku per saham berdasarkan laporan                      determined by an Independent Appraiser; or 2)
      keuangan terakhir; digunakan yang lebih                       the book value per share based on the latest
      tinggi.                                                       financial report; whichever is higher.

      Merujuk pada ketentuan di atas, maka:                         Referring to the provisions above, therefore:
      (i) Untuk memperoleh harga pasar wajar                        (i) To obtain the fair market value as stipulated
      sebagaimana Surat OJK, JAS telah menunjuk                     in the OJK Letter, JAS has appointed an
      Penilai Independen melalui Kantor Jasa                        Independent Appraiser through the Public
      Penilai Publik (“KJPP”) Stefanus Tonny Hardi                  Appraisal Services Office ("KJPP") Stefanus
      & Rekan dan berdasarkan Laporan Penilaian                     Tonny Hardi & Rekan. Based on the Appraisal
      File    No.:   00039/2.0007-00/BS/10/0358/1/                  Report File No.: 00039/2.0007-00/BS/10/0358
      VI/2025 tanggal 25 Juni 2025, diperoleh hasil                 /1/VI/2025 dated June 25, 2025, the appraisal
      penilaian bahwa harga pasar wajar saham                       results indicate that the fair market value of
      JAS adalah sebesar Rp9.336 (rupiah penuh)                     JAS shares is Rp 9,336 (full amount) per
      per saham;                                                    share;

      ii) Nilai buku per saham berdasarkan Laporan                  (ii) The book value per share based on the
      Keuangan Auditan Tahun Buku 2024 adalah                       Audited Financial Statements for Fiscal Year
      sebesar Rp1.996 (rupiah penuh) per saham.                     2024 is Rp1,996 (full amount) per share.




                                                      12
Page 16
                                                             The original interim consolidated financial statements included herein
                                                                                                    are in the Indonesian language.

      PT CAHAYA AERO SERVICES TBK                                  PT CAHAYA AERO SERVICES TBK
    (D/H PT CARDIG AERO SERVICES TBK)                       (PREVIOUSLY PT CARDIG AERO SERVICES TBK)
           DAN ENTITAS ANAKNYA                                           AND ITS SUBSIDIARIES
          CATATAN ATAS LAPORAN                                  NOTES TO THE INTERIM CONSOLIDATED
    KEUANGAN KONSOLIDASIAN INTERIM                                     FINANCIAL STATEMENTS
 Tanggal 30 September 2025 dan untuk Periode                As of September 30, 2025 and for the Nine-months
  Sembilan Bulan yang Berakhir pada Tanggal                          Period Then Ended (Unaudited)
Tersebut (Tidak Diaudit) (Disajikan dalam Jutaan                    (Expressed in Millions of Rupiah,
       Rupiah, Kecuali Dinyatakan Lain)                                 Unless Otherwise Stated)



      Berdasarkan hal tersebut di atas, maka JAS                     Based on the foregoing, JAS repurchased
      melakukan    pembelian    kembali    saham                     shares based on the fair market price
      berdasarkan harga pasar wajar yang                             determined by the Independent Appraiser,
      ditetapkan oleh Penilai Independen, yaitu                      which was Rp9,336 (full amount) per share.
      sebesar Rp9.336 (angka penuh) per saham.

      Pada tanggal 30 Juni 2025, JAS telah                           On June 30, 2025, JAS has conducted a share
      melaksanakan pembelian kembali saham dari                      buyback     from     114   identified   public
      114 pemegang saham publik, dengan jumlah                       shareholders, totaling 102,046 shares with a
      total 102.046 saham dengan nilai transaksi                     transaction value of Rp953. The number of
      sebesar Rp953. Jumlah pemegang saham                           such shareholders constitutes part of the total
      tersebut merupakan bagian dari total 411                       of 411 independent shareholders recorded,
      pemegang saham independen yang tercatat                        with an aggregate ownership of 388,866
      dengan kepemilikan seluruhnya sebanyak                         shares.
      388.866 saham.

      PT JAS Aero-Engineering Services (“JAE”)                       PT JAS Aero-Engineering Services (“JAE”)

      Pada    tahun  2025     dan    2024, JAE                       In 2025 and 2024, JAE has paid cash dividend
      membayarkan dividen kas sebesar Rp30.000                       amounting to Rp30,000 and Rp41,114 to the
      dan Rp41.114 kepada Perusahaan dan SIA                         Company and SIA Engineering Company
      Engineering Company (“SIAEC”).                                 (“SIAEC”).

      PT Cardig Anugra Sarana Bersama (Dalam                         PT Cardig Anugra Sarana Bersama (In
      Likuidasi) (“CASB”)                                            Liquidation) (“CASB”)

      Pada tanggal 21 Oktober 2022, manajemen                        On October 21, 2022, management of the
      Perusahaan sebagai pemegang saham                              Company as the majority shareholders of
      mayoritas dari CASB telah melakukan                            CASB had made an strategic review and
      penelahaan strategis dan penilaian terhadap                    assessment of CASB operating result. The
      kinerja CASB. Manajemen Perusahaan                             management of the Company had decided to
      memutuskan untuk melakukan pemberhentian                       stop any CASB operational activities starting
      kegiatan operasional CASB terhitung sejak                      from January 1, 2023 and subsequently CASB
      tanggal 1 Januari 2023 dan selanjutnya CASB                    will be liqudated. On January 3, 2023, the
      akan dilikuidasi. Pada tanggal 3 Januari 2023,                 Company had also disclosed this information
      Perusahaan juga telah menyampaikan kepada                      to public through Information Disclosure.
      publik melalui Keterbukaan Informasi.

      Selanjutnya, manajemen Perusahaan juga                         Subsequently, management of the Company
      telah melakukan evaluasi atas keterpulihan                     had also performed an assessment to
      dari beberapa aset milik CASB pada tanggal                     determine the recoverability of CASB’ s assets
      31    Desember      2022    dan  melakukan                     as of December 31, 2022 and made
      penyesuaian atas aset yang tidak terpulihkan                   adjustment for unrecoverable assets which is
      yang dicatat sebagai bagian dari beban                         recorded as part of 2022 other operating
      operasi lainnya tahun 2022.                                    expenses.

      Berdasarkan       Keputusan    Rapat   Umum                    Based on the extraordinary shareholders
      Pemegang Saham Luar Biasa CASB pada                            meeting of CASB dated on December 28,
      tanggal 28 Desember 2023,             seluruh                  2023, the shareholders have resolved to
      pemegang saham CASB memutuskan untuk                           dismiss and liquidated CASB. As of the
      membubarkan dan melikuidasi CASB. Sampai                       completion date of interim consolidated
      dengan       tanggal   penyelesaian   laporan                  financial statements, the liquidation is still in
      keuangan konsolidasian interim, proses                         process.
      likuidasi tersebut masih berlangsung.




                                                       13
Page 17
                                                              The original interim consolidated financial statements included herein
                                                                                                     are in the Indonesian language.

      PT CAHAYA AERO SERVICES TBK                                   PT CAHAYA AERO SERVICES TBK
    (D/H PT CARDIG AERO SERVICES TBK)                        (PREVIOUSLY PT CARDIG AERO SERVICES TBK)
           DAN ENTITAS ANAKNYA                                            AND ITS SUBSIDIARIES
          CATATAN ATAS LAPORAN                                   NOTES TO THE INTERIM CONSOLIDATED
    KEUANGAN KONSOLIDASIAN INTERIM                                      FINANCIAL STATEMENTS
 Tanggal 30 September 2025 dan untuk Periode                 As of September 30, 2025 and for the Nine-months
  Sembilan Bulan yang Berakhir pada Tanggal                           Period Then Ended (Unaudited)
Tersebut (Tidak Diaudit) (Disajikan dalam Jutaan                     (Expressed in Millions of Rupiah,
       Rupiah, Kecuali Dinyatakan Lain)                                  Unless Otherwise Stated)



      PT Cardig Aero Sarana Dirgantara (Dalam                         PT Cardig Aero Sarana Dirgantara (In
      Likuidasi) (“CASD”)                                             Liquidation) (“CASD”)
      Berdasarkan    Keputusan     Rapat      Umum                    Based on the extraordinary shareholders
      Pemegang Saham Luar Biasa CASD pada                             meeting of CASD dated on December 27,
      tanggal 27 Desember 2023,              seluruh                  2023, the shareholders have resolved to
      pemegang saham CASD memutuskan untuk                            dismiss and liquidated CASD. On December
      membubarkan dan melikuidasi CASD. Pada                          18, 2024, CASD received a Decree of
      tanggal 18 Desember 2024, CASD menerima                         Taxpayer Identification Number (‘NPWP”)
      Surat Keputusan Penghapusan Nomor Pokok                         Cancellation of PT Cardig Aero Sarana
      Wajib Pajak (“NPWP”) PT Cardig Aero Sarana                      Dirgantara
      Dirgantara No. S-733/HPS/KPP.200603/2024,                       No.     S-733/HPS/KPP.200603/2024,      which
      yang menyatakan bahwa NPWP CASD                                 states that CASD’s NPWP was officially
      dinyatakan dihapus dari administrasi Direktorat                 revoked from the administration of the
      Jenderal Pajak terhitung sejak tanggal                          Directorate General of Taxes effective as of
      18 Desember 2024. Sampai dengan tanggal                         December 18, 2024. As of the completion date
      penyelesaian laporan keuangan konsolidasian                     of interim consolidated financial statements,
      interim, proses likuidasi tersebut masih                        the liquidation is still in process.
      berlangsung.

      Berdasarkan surat Kementerian Hukum                             Pursuant to the letter of the Ministry of Law of
      Republik Indonesia Nomor AHU-AH.01.11-                          the Republic of Indonesia no. AHU-AH.01.11-
      00014, tanggal 31 Juli 2025 perihal                             00014 dated July 31, 2025, regarding the
      Berakhirnya Status Badan Hukum PT Cardig                        termination of legal entity of PT Cardig Aero
      Aero Sarana Dirgantara (Dalam Likuidasi)                        Sarana Dirgantara (In Liquidation) (“the
      (“Surat”), menyatakan bahwa berakhirnya                         Letter”), it is stated that the legal entity status
      status badan hukum PT Cardig Aero Sarana                        of PT Cardig Aero Sarana Dirgantara (In
      Dirgantara (Dalam Likuidasi) telah dicatat dan                  Liquidation) has been recorded and therefore
      karenanya data Perseroan telah dihapus dari                     the Company Data have been struck off from
      Daftar Perseroan, yang mana Surat tersebut                      the Company Register, which Letter was
      baru diterima oleh kantor Notaris Pratiwi                       received by the office of Notary Pratiwi
      Handayani, S.H pada tanggal 22 September                        Handayani, S.H., on 22 September 2025, in
      2025, sesuai dengan Surat Keterangan nomor                      accordance with the Statement Letter
      50/S/IX/2025 yang dibuat oleh Notaris Pratiwi                   No.50/S/IX/2025 issued by Notary Pratiwi
      Handayani       S.H.       pada        tanggal                  Handayani, S.H, on September 22, 2025.
      22 September 2025.

      PT Arang Agung Graha (Dalam Likuidasi)                          PT Arang Agung Graha (In Liquidation)
      (“AAG”)                                                         (“AAG”)
      Berdasarkan      Keputusan       Rapat   Umum                   Pursuant to the Resolution of Extraordinary
      Pemegang Saham Luar Biasa AAG pada                              General Meeting of Shareholders of AAG
      tanggal 7 Desember 2023, seluruh pemegang                       dated on December 7, 2023, the shareholders
      saham AAG memutuskan untuk membubarkan                          have resolved to dissolve and liquidate AAG.
      dan melikuidasi AAG. Pada tanggal 30 Juli                       On July 30, 2024, the Group received a
      2024, Grup menerima Surat Keputusan                             Decree of Taxpayer Identification Number
      Penghapusan Nomor Pokok Wajib Pajak                             (“NPWP”) Cancellation of PT Arang Agung
      (“NPWP”) PT Arang Agung Graha No. S-                            Graha No. S-757/HPS/KPP.170703/2024,
      757/HPS/KPP.170703/2024, yang menyatakan                        which states that AAG’s NPWP was officially
      bahwa NPWP AAG dinyatakan dihapus dari                          remoked from the administration of the
      administrasi    Direktorat     Jenderal   Pajak                 Directorate General of Taxes effective as of
      terhitung sejak tanggal 30 Juli 2024.                           July 30, 2024. Based on the Resolution of the
      Berdasarkan      Keputusan       Rapat   Umum                   Extraordinary       General      Meeting    of
      Pemegang Saham Luar Biasa AAG pada                              Shareholders of AAG dated December 9,
      tanggal 9 Desember 2024, seluruh pemegang                       2024, all shareholders have accepted the final
      saham telah menerima laporan hasil akhir                        report on the liquidation process from AAG's
      proses likuidasi dari tim likuidator AAG sesuai                 liquidator team in accordance with the
      dengan ketentuan Pasal 152 Undang-Undang                        provisions of Article 152 of the Company Law
                                                        14
Page 18
                                                             The original interim consolidated financial statements included herein
                                                                                                    are in the Indonesian language.

      PT CAHAYA AERO SERVICES TBK                                  PT CAHAYA AERO SERVICES TBK
    (D/H PT CARDIG AERO SERVICES TBK)                       (PREVIOUSLY PT CARDIG AERO SERVICES TBK)
           DAN ENTITAS ANAKNYA                                           AND ITS SUBSIDIARIES
          CATATAN ATAS LAPORAN                                  NOTES TO THE INTERIM CONSOLIDATED
    KEUANGAN KONSOLIDASIAN INTERIM                                     FINANCIAL STATEMENTS
 Tanggal 30 September 2025 dan untuk Periode                As of September 30, 2025 and for the Nine-months
  Sembilan Bulan yang Berakhir pada Tanggal                          Period Then Ended (Unaudited)
Tersebut (Tidak Diaudit) (Disajikan dalam Jutaan                    (Expressed in Millions of Rupiah,
       Rupiah, Kecuali Dinyatakan Lain)                                 Unless Otherwise Stated)



      Perseroan Terbatas dan telah memberikan                        and have granted full discharge and release of
      pelunasan dan pembebasan tanggung jawab                        liability (acquit et de charge) to the liquidator
      (acquit et de charge) kepada tim likuidator,                   team, the Board of Directors, and the Board of
      Direksi dan Dewan Komisaris AAG.                               Commissioners of AAG.

      Berdasarkan surat Kementerian Hukum                            Pursuant to the letter issued by the Ministry of
      Republik Indonesia nomor AHU-AH.01.03-                         Law of the Republic of Indonesia no. AHU-
      00291 tanggal 19 Mei 2025 yang ditujukan                       AH.01.03-00291 dated 19 May 2025,
      kepada PT Arang Agung Graha (dalam                             addressed to PT Arang Agung Graha (in
      Likuidasi, yang mana surat tersebut dikirimkan                 Liquidation), which was dispatched via
      melalui pos tercatat pada 19 Juni 2025 kepada                  registered mail on 19 June 2025 to the office
      kantor Notaris Eveline Maria Romatua                           of Notary Eveline Maria Romatua Hutapea,
      Hutapea, SH., M.Kn. dan diterima pada                          S.H., M.Kn., and duly received on the same
      tanggal yang sama sebagaimana dibuktikan                       date as evidenced by the delivery receipt;
      dengan tanda terima surat; selanjutnya,                        referring to the Statement Letter of Notary
      berdasarkan Surat Pernyataan Notaris Eveline                   Eveline Maria Romatua, S.H., M.Kn., number
      Maria Romatua Hutapea, S.H., M.Kn., nomor                      331/EMRH-SP/VI/2025 dated 20 June 2025, it
      331/EMRH-SP/VI/2025 tanggal 20 Juni 2025,                      is hereby declared that the legal entity status
      dinyatakan bahwa status badan hukum PT                         of PT Arang Agung Graha (in Liquidation) has
      Arang Agung Graha (dalam Likuidasi) telah                      been terminated and has been struck off from
      berakhir dan telah dihapus dari Daftar                         the Company Register.
      Perseroan.


      PT Cinta Airport Flores (“CAF”)                                PT Cinta Airport Flores (“CAF”)

      Berdasarkan Akta No. 2 tanggal 5 Juli 2022                     Pursuant to the Notarial Deed No. 2 dated July
      yang dibuat oleh Pratiwi Handayani S.H.,                       5, 2022 executed by before Pratiwi Handayani
      Notaris di Jakarta, para pemegang saham                        S.H., Notary in Jakarta, the shareholders
      menyetujui peningkatan saham CAF sebesar                       agreed to increase the shares capital of CAF
      Rp6.200 (bagian proporsi Perusahaan sebesar                    by Rp6,200 (the Company’s proportionate
      Rp4.960) sehingga modal CAF meningkat                          share amounting to Rp4,960) resulting in an
      menjadi Rp8.700. Tidak ada perubahan                           increase of CAF’s capital to Rp8,700. There is
      persentase kepemilikan atas peningkatan                        no changes in the percentage of ownership
      saham ini.                                                     with respect to this capital increase.

      Berdasarkan Akta No. 8 tanggal 8 Desember                      Pursuant to the Notarial Deed No. 8 dated
      2022, yang dibuat oleh Pratiwi Handayani                       December 8, 2022 executed by Pratiwi
      S.H., Notaris di Jakarta, para pemegang                        Handayani S.H., Notary in Jakarta, the
      saham menyetujui peningkatan saham CAF                         shareholders agreed to increase the share
      sebesar     Rp15.000     (bagian   proporsi                    capital of CAF by Rp15,000 (the Company’s
      Perusahaan sebesar Rp12.000) sehingga                          proportionate share amounting to Rp12,000)
      modal CAF meningkat menjadi Rp18.960.                          resulting in an increase of CAF’s capital to
      Tidak ada perubahan persentase kepemilikan                     Rp18,960. There is no changes in the
      atas peningkatan saham ini.                                    percentage of ownership with respect to this
                                                                     capital increase.




                                                       15
Page 19
                                                            The original interim consolidated financial statements included herein
                                                                                                   are in the Indonesian language.

      PT CAHAYA AERO SERVICES TBK                                 PT CAHAYA AERO SERVICES TBK
    (D/H PT CARDIG AERO SERVICES TBK)                      (PREVIOUSLY PT CARDIG AERO SERVICES TBK)
           DAN ENTITAS ANAKNYA                                          AND ITS SUBSIDIARIES
          CATATAN ATAS LAPORAN                                 NOTES TO THE INTERIM CONSOLIDATED
    KEUANGAN KONSOLIDASIAN INTERIM                                    FINANCIAL STATEMENTS
 Tanggal 30 September 2025 dan untuk Periode               As of September 30, 2025 and for the Nine-months
  Sembilan Bulan yang Berakhir pada Tanggal                         Period Then Ended (Unaudited)
Tersebut (Tidak Diaudit) (Disajikan dalam Jutaan                   (Expressed in Millions of Rupiah,
       Rupiah, Kecuali Dinyatakan Lain)                                Unless Otherwise Stated)




      PT Jakarta     Aviation   Training    Centre                  PT Jakarta            Aviation       Training       Centre
      (“JATC”)                                                      (“JATC”)

      Pada tanggal 21 Juli 2025, Perusahaan telah                   On July 21, 2025, the Company entered into a
      menandatangani akta jual beli saham atas                      Share Sale and Purchase Deed for the sale of
      saham milik Perusahaan pada JATC sebanyak                     the Company shares in JATC in the amount of
      1.031.745 saham atau setara dengan 51% dari                   1,031,745 shares, representing 51% of the
      seluruh saham yang telah ditempatkan dan                      total issued and paid-up shares in JATC to
      dikeluarkan oleh JATC kepada Trincap                          Trincap Aviation Partners Limited, for a sale
      Aviation Partners Limited, dengan harga                       prices of Rp1 considering that JATC has a
      pembelian sebesar Rp1, dikarenakan nilai                      negative equity position.
      ekuitas JATC yang negatif.

      Pada tanggal 21 Juli 2025, Perusahaan telah                   On July 21, 2025, the Company entered into a
      menandatangani perjanjian pengalihan piutang                  receivables transfer agreement for the transfer
      Perusahaan pada JATC yaitu sebesar                            of its receivables from JATC in the amount of
      Rp18.135 kepada Trincap dengan harga                          Rp18,135 to Trincap for a sale price of Rp2.
      pembelian Rp2.

      Pada tanggal 22 Juli 2025 Perusahaan telah                    On July 22, 2025, the Company had diclosed
      menyampaikan perihal transaksi ini kepada                     this information to public through Information
      publik melalui Keterbukaan Informasi. Atas                    Disclosure. After the transaction, the Company
      transaksi ini, Perusahaan sudah tidak lagi                    has no longer consolidated JATC.
      mengonsolidasikan JATC.



      PT Cahaya Anugrah Sarana Catering (d/h                        PT Cahaya Anugrah Sarana Catering
      PT Cardig Anugrah Sarana Catering)                            (previously PT Cardig Anugrah Sarana
      (“CASC”)                                                      Catering) (“CASC”)

      Berdasarkan akta No. 31 tanggal 27                            Based on deed No. 31 dated September 27,
      September 2023 dari Eveline Maria Romatua                     2023 of Eveline Maria Romatua Hutapea S.H.,
      Hutapea S.H., M.Kn., notaris di Jakarta, para                 M.Kn., a notary in Jakarta, the shareholders
      pemegang saham menyetujui peningkatan                         agree to increase CASC share capital
      saham CASC sebesar Rp1.799 (bagian                            amounted to Rp1,799 (the Company’s
      proporsi Perusahaan sebesar Rp1.799)                          proportionate share amounting to Rp1,799)
      sehingga modal CASC meningkat menjadi                         and CASC’s shares become Rp134,534.
      Rp134.534.

      Berdasarkan akta No. 35 tanggal 27                            Based on deed No. 35 dated December 27,
      Desember 2023 dari Pratiwi Handayani, SH.,                    2023 executed by Pratiwi Handayani, S.H.,
      notaris di Jakarta, terdapat perubahan                        notary in Jakarta, there have been changes in
      pemegang saham CASC yaitu Perusahaan                          the shareholding structure of CASC. The
      memiliki 15.517.241 lembar saham dan PMAD                     Company holds 15,517,241 shares, and
      memiliki 1 lembar saham.                                      PMAD holds 1 share.




                                                      16
Page 20
                                                                         The original interim consolidated financial statements included herein
                                                                                                                are in the Indonesian language.

           PT CAHAYA AERO SERVICES TBK                                     PT CAHAYA AERO SERVICES TBK
         (D/H PT CARDIG AERO SERVICES TBK)                          (PREVIOUSLY PT CARDIG AERO SERVICES TBK)
                DAN ENTITAS ANAKNYA                                              AND ITS SUBSIDIARIES
               CATATAN ATAS LAPORAN                                     NOTES TO THE INTERIM CONSOLIDATED
         KEUANGAN KONSOLIDASIAN INTERIM                                        FINANCIAL STATEMENTS
      Tanggal 30 September 2025 dan untuk Periode                   As of September 30, 2025 and for the Nine-months
       Sembilan Bulan yang Berakhir pada Tanggal                             Period Then Ended (Unaudited)
     Tersebut (Tidak Diaudit) (Disajikan dalam Jutaan                       (Expressed in Millions of Rupiah,
            Rupiah, Kecuali Dinyatakan Lain)                                    Unless Otherwise Stated)




            Berdasarkan akta No. 04 tanggal 8 Juli 2025                          Based on deed No. 04 dated July 8, 2025
            dari Pratiwi Handayani, SH., notaris di Jakarta,                     executed by Pratiwi Handayani, S.H., notary in
            yang telah mendapatkan pengesahan dari                               Jakarta, which has been approved by the
            Kementerian Hukum Republik Indonesia                                 Ministry of Law of the Republic of Indonesia
            No.AHU-0044550.AH.01.02.Tahun              2025                      under approval No.AHU-0044550.AH.01.02.
            tanggal 9 Juli 2025 dan telah diberitahukan                          Year 2025 dated July 9, 2025, and has been
            melalui Pemberitahuan Perubahan Data                                 notified through the Notification of Amendment
            Perseroan dari Kementerian Hukum Republik                            to Company Data issued by the Ministry of
            Indonesia No.AHU-AH.01.090308419 tanggal                             Law of the Republic of Indonesia No. AHU-
            9 Juli 2025, terdapat perubahan nama CASC                            AH.01.090308419 dated July 9, 2025, there
            yang sebelumnya bernama PT Cardig                                    has been a change of name of CASC, formerly
            Anugrah Sarana Catering kemudian diubah                              known as PT Cardig Anugrah Sarana
            menjadi PT Cahaya Anugrah Sarana Catering                            Catering, which has been changed to PT
                                                                                 Cahaya Anugrah Sarana Catering.

       d.   Penawaran umum efek Perusahaan                                  d.   Public offering of shares of the Company

            Pada tanggal 22 November 2011, Perusahaan                            On November 22, 2011, the Company
            memperoleh surat pernyataan efektif dari                             obtained the notice of effectivity from the
            Badan Pengawas Pasar Modal dan Lembaga                               Capital Market and Financial Institutions
            Keuangan (“Bapepam-LK”) melalui Surat                                Supervisory Board (“Bapepam-LK”) in its
            No. S-12603/BL/2011 untuk penawaran umum                             Letter No. S-12603/BL/2011 for its public
            perdana atas 313.030.000 saham Perusahaan                            offering of 313,030,000 shares. On December
            kepada masyarakat. Saham tersebut telah                              5, 2011, these shares were listed on the
            dicatatkan pada Bursa Efek Indonesia pada                            Indonesia Stock Exchange.
            tanggal 5 Desember 2011.

            Seluruh    saham    Perusahaan   sejumlah                            All of the Company’s shares totalling
            2.086.950.000 saham telah tercatat pada                              2,086,950,000 shares have been listed on the
            Bursa    Efek   Indonesia  pada    tanggal                           Indonesia Stock Exchange as of September
            30 September 2025 dan 31 Desember 2024.                              30, 2025 and December 31, 2024.



2.     IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI                       2.     SUMMARY OF MATERIAL                              ACCOUNTING
       MATERIAL                                                            POLICIES INFORMATION

       a.   Dasar    penyajian      laporan      keuangan                  a.    Basis of presentation                 of   consolidated
            konsolidasian                                                        financial statements
            Laporan keuangan konsolidasian telah disusun                         The consolidated financial statements have
            sesuai dengan Standar Akuntansi Keuangan di                          been prepared in accordance with Indonesian
            Indonesia     (“SAK”),    yang    mencakup                           Financial Accounting Standards (“SAK”), which
            Pernyataan dan Interpretasi yang dikeluarkan                         comprise the Statements and Interpretations
            oleh Dewan Standar Akuntansi Keuangan                                issued by the Board of Financial Accounting
            Ikatan Akuntan Indonesia (DSAK IAI) dan                              Standards of the Indonesian Institute of
            Peraturan-Peraturan serta Pedoman Penyajian                          Accountants (Dewan Standar Akuntansi
            dan Pengungkapan Laporan Keuangan yang                               Keuangan Ikatan Akuntan Indonesia or DSAK
            diterbitkan oleh Otoritas Jasa Keuangan                              IAI) and the Regulations and Guidelines on
            (“OJK”).                                                             Financial    Statement     Presentation   and
                                                                                 Disclosures issued by Financial Services
                                                                                 Authority (Otoritas Jasa Keuangan or “OJK”).




                                                               17
Page 21
                                                                The original interim consolidated financial statements included herein
                                                                                                       are in the Indonesian language.

      PT CAHAYA AERO SERVICES TBK                                     PT CAHAYA AERO SERVICES TBK
    (D/H PT CARDIG AERO SERVICES TBK)                          (PREVIOUSLY PT CARDIG AERO SERVICES TBK)
           DAN ENTITAS ANAKNYA                                              AND ITS SUBSIDIARIES
          CATATAN ATAS LAPORAN                                     NOTES TO THE INTERIM CONSOLIDATED
    KEUANGAN KONSOLIDASIAN INTERIM                                        FINANCIAL STATEMENTS
 Tanggal 30 September 2025 dan untuk Periode                   As of September 30, 2025 and for the Nine-months
  Sembilan Bulan yang Berakhir pada Tanggal                             Period Then Ended (Unaudited)
Tersebut (Tidak Diaudit) (Disajikan dalam Jutaan                       (Expressed in Millions of Rupiah,
       Rupiah, Kecuali Dinyatakan Lain)                                    Unless Otherwise Stated)



       Laporan keuangan konsolidasian, kecuali                          The consolidated financial statements, except
       untuk laporan arus kas, disusun berdasarkan                      statement of cash flows, have been prepared
       basis akrual, menggunakan dasar akuntansi                        on the accrual basis, using the historical cost
       biaya historis, kecuali untuk beberapa akun                      basis of accounting, except for certain
       tertentu    yang     disajikan   berdasarkan                     accounts which are measured on the basis
       pengukuran lain sebagaimana diuraikan dalam                      described in the related accounting policies for
       kebijakan akuntansi masing-masing akun                           those accounts.
       tersebut.

       Laporan arus kas konsolidasian yang disajikan                    The consolidated statement of cash flows,
       dengan menggunakan metode langsung,                              which have been prepared using the direct
       menyajikan penerimaan dan pengeluaran kas                        method, present receipts and disbursements
       dan setara kas yang diklasifikasikan ke dalam                    of cash and cash equivalents classified into
       aktivitas operasi, investasi, dan pendanaan.                     operating, investing and financing activities.

       Grup     menyusun      laporan   keuangan                        The Group prepared the consolidated financial
       konsolidasian dengan dasar bahwa Grup akan                       statements on the basis that it will continue as
       mempertahankan kelangsungan usaha.                               a going concern.

  b.   Perubahan Kebijakan Akuntansi                              b.    Changes in Accounting Policies

       Grup menerapkan pertama kali seluruh                             The Group made first time adoption of all the
       standar yang direvisi yang berlaku efektif untuk                 revised standards effective for the periods
       periode yang dimulai pada atau setelah 1                         beginning on or after January 1, 2025,
       Januari 2025, termasuk standar yang direvisi                     including the following revised standards that
       berikut ini yang mempengaruhi laporan                            have affected the consolidated financial
       keuangan konsolidasian Grup:                                     statements of the Group:

       PSAK 117: Kontrak Asuransi                                      PSAK 117: Insurance Contracts

       Standar akuntansi baru yang komprehensif                         A comprehensive new accounting standard for
       untuk kontrak asuransi yang mencakup                             insurance contracts covering recognition and
       pengakuan dan pengukuran, penyajian dan                          measurement, presentation and disclosure,
       pengungkapan, pada saat berlaku efektif                          upon its effective date, PSAK 117 will replace
       PSAK 117 akan menggantikan PSAK 104:                             PSAK 104: Insurance Contracts. PSAK 117
       Kontrak Asuransi. PSAK 117 berlaku untuk                         applies to all types of insurance contracts, life,
       semua jenis kontrak asuransi, jiwa, non-jiwa,                    non-life, direct insurance and re-insurance,
       asuransi langsung dan reasuransi, terlepas                       regardless of the entities issuing them, as well
       dari entitas yang menerbitkannya, serta untuk                    as to certain guarantees and financial
       jaminan dan instrumen keuangan tertentu                          instruments with discretionary participation
       dengan fitur partisipasi tidak mengikat, serta                   features, while a few scope exceptions will
       beberapa pengecualian ruang lingkup akan                         apply. The overall objective of PSAK 117 is to
       berlaku. Tujuan keseluruhan dari PSAK 117                        provide an accounting model for insurance
       adalah untuk menyediakan model akuntansi                         contracts that is more useful and consistent for
       untuk kontrak asuransi yang lebih bermanfaat                     insurers.
       dan konsisten untuk asuradur.

       PSAK 117 berlaku efektif untuk periode                           PSAK 117 is effective for reporting periods
       pelaporan yang dimulai pada atau setelah                         beginning on or after January 1, 2025, with
       tanggal 1 Januari 2025, dengan mensyaratkan                      comparative figures required. Early application
       angka      komparatif.    Penerapan     dini                     is permitted, provided the entity also applies
       diperkenankan bila entitas juga menerapkan                       PSAK 109 and PSAK 115 on or before the date
       PSAK 109 dan PSAK 115 pada atau sebelum                          of initial application of PSAK 117. This standard
       tanggal penerapan awal PSAK 117. Standar                         is not expected to have any impact to the
       ini tidak diharapkan memiliki dampak pada                        financial reporting of the Group upon first-time
       pelaporan keuangan Grup pada saat diadopsi                       adoption.
       untuk pertama kali.
                                                          18
Page 22
                                                               The original interim consolidated financial statements included herein
                                                                                                      are in the Indonesian language.

      PT CAHAYA AERO SERVICES TBK                                    PT CAHAYA AERO SERVICES TBK
    (D/H PT CARDIG AERO SERVICES TBK)                         (PREVIOUSLY PT CARDIG AERO SERVICES TBK)
           DAN ENTITAS ANAKNYA                                             AND ITS SUBSIDIARIES
          CATATAN ATAS LAPORAN                                    NOTES TO THE INTERIM CONSOLIDATED
    KEUANGAN KONSOLIDASIAN INTERIM                                       FINANCIAL STATEMENTS
 Tanggal 30 September 2025 dan untuk Periode                  As of September 30, 2025 and for the Nine-months
  Sembilan Bulan yang Berakhir pada Tanggal                            Period Then Ended (Unaudited)
Tersebut (Tidak Diaudit) (Disajikan dalam Jutaan                      (Expressed in Millions of Rupiah,
       Rupiah, Kecuali Dinyatakan Lain)                                   Unless Otherwise Stated)




       Amendemen PSAK 221: Pengaruh Perubahan                          Amendment of PSAK 221: The Effects of
       Kurs Valuta Asing tentang kekurangan                            Changes in Foreign Exchange Rates - lack of
       ketertukaran                                                    interchangeability

       Amendemen ini memperjelas pengaturan                            This amendment clarifies the regulations
       terkait kondisi ketika suatu mata uang tidak                    regarding the conditions when a currency is
       tertukarkan serta pengungkapannya.                              not convertible and its disclosure.

       Amandemen PSAK 221 berlaku efektif untuk                        Amendment of PSAK 221 is effective for
       periode pelaporan yang dimulai pada atau                        reporting periods beginning on or after January
       setelah tanggal 1 Januari 2025, dengan                          1, 2025, with early application permitted.
       penerapan dini diperkenankan.

       Standar ini tidak diharapkan memiliki dampak                    This standard is not expected to have any
       pada pelaporan keuangan Grup pada saat                          impact to the financial reporting of the Group
       diadopsi untuk pertama kali.                                    upon first-time adoption.

  c.   Prinsip-prinsip konsolidasi                               c.    Principles of consolidation

       Laporan keuangan konsolidasian mencakup                         The     consolidated     financial  statements
       laporan      keuangan      Perusahaan    dan                    incorporate the financial statements of the
       entitas-entitas anak seperti disebutkan pada                    Company and subsidiaries as described in
       Catatan 1c. Kendali diperoleh bila Grup                         Note 1c. Control is achieved when the Group
       terekspos atau memiliki hak atas imbal hasil                    is exposed, or has rights, to variable returns
       variabel dari keterlibatannya dengan investee                   from its involvement with the investee and has
       dan       memiliki      kemampuan       untuk                   the ability to affect those returns through its
       mempengaruhi imbal hasil tersebut melalui                       power over the investee.
       kekuasaannya atas investee.

       Dengan demikian, investor mengendalikan                         Thus, the Group controls an investee if and
       investee jika dan hanya jika investor memiliki                  only if the Group has all of the following:
       seluruh hal berikut ini:
        i) Kekuasaan atas investee, yaitu hak yang                     i) Power over the investee, that is existing
             ada saat ini yang memberi investor                           rights that give the Group current ability to
             kemampuan kini untuk mengarahkan                             direct the relevant activities of the investee;
             aktivitas relevan dari investee;
        ii) Eksposur atau hak atas imbal hasil                         ii) Exposure, or rights, to variable returns from
             variabel dari keterlibatannya dengan                          its involvement with the investee; and
             investee; dan
        iii) Kemampuan          untuk      menggunakan                 iii) The ability to use its power over the
             kekuasaannya atas investee untuk                               investee to affect its returns.
             mempengaruhi jumlah imbal hasil.

       Seluruh laba rugi dan setiap komponen                           Profit or loss and each component of other
       penghasilan komprehensif lain diatribusikan                     comprehensive income are attributed to the
       pada pemilik entitas induk dan pada                             equity holders of the parent of the Group and to
       kepentingan     non-pengendali     (“KNP”),                     the non-controlling interests (“NCI”), even if this
       walaupun hal ini akan menyebabkan saldo                         results in the NCI having a deficit balance.
       KNP yang defisit. Apabila dipandang perlu,                      When necessary, adjustments are made to the
       penyesuaian dilakukan terhadap laporan                          financial statements of subsidiaries to bring
       keuangan entitas anak untuk diselaraskan                        their accounting policies into line with the
       dengan kebijakan akuntansi Grup.                                Group’s accounting policies.

       Seluruh   aset   dan    liabilitas, ekuitas,                    All intra-group assets and liabilities, equity,
       penghasilan dan beban dan arus kas atas                         income, expenses and cash flows relating to
       transaksi antar anggota Grup dieliminasi                        transactions between members of the Group
       sepenuhnya pada saat konsolidasi.                               are eliminated in full on consolidation.
                                                         19
Page 23
                                                                  The original interim consolidated financial statements included herein
                                                                                                         are in the Indonesian language.

      PT CAHAYA AERO SERVICES TBK                                       PT CAHAYA AERO SERVICES TBK
    (D/H PT CARDIG AERO SERVICES TBK)                            (PREVIOUSLY PT CARDIG AERO SERVICES TBK)
           DAN ENTITAS ANAKNYA                                                AND ITS SUBSIDIARIES
          CATATAN ATAS LAPORAN                                       NOTES TO THE INTERIM CONSOLIDATED
    KEUANGAN KONSOLIDASIAN INTERIM                                          FINANCIAL STATEMENTS
 Tanggal 30 September 2025 dan untuk Periode                     As of September 30, 2025 and for the Nine-months
  Sembilan Bulan yang Berakhir pada Tanggal                               Period Then Ended (Unaudited)
Tersebut (Tidak Diaudit) (Disajikan dalam Jutaan                         (Expressed in Millions of Rupiah,
       Rupiah, Kecuali Dinyatakan Lain)                                      Unless Otherwise Stated)




       Perubahan dalam bagian kepemilikan entitas                         A change in the parent’s ownership interest in
       induk pada entitas anak yang tidak                                 a subsidiary, without a loss of control, is
       mengakibatkan       hilangnya    pengendalian,                     accounted for as an equity transaction. If the
       dicatat sebagai transaksi ekuitas. Bila                            Group loses control over a subsidiary, it
       kehilangan pengendalian atas suatu entitas                         derecognizes the related assets (including
       anak, maka Grup menghentikan pengakuan                             goodwill), liabilities, and other components of
       atas aset (termasuk goodwill), liabilitas, dan                     equity, while the difference is recognized in the
       komponen lain dari ekuitas terkait, dan                            profit or loss. Any investment retained is
       selisihnya diakui pada laba rugi. Bagian dari                      recognized at fair value.
       investasi yang tersisa diakui pada nilai wajar.

  d.   Kombinasi bisnis dan goodwill                                d.    Business combinations and goodwill
       Kombinasi bisnis dicatat dengan menggunakan                         Business combinations are accounted for
       metode akuisisi. Biaya perolehan dari sebuah                        using the acquisition method. The cost of an
       akuisisi diukur pada nilai agregat imbalan yang                     acquisition is measured as the aggregate of
       dialihkan, diukur pada nilai wajar pada tanggal                     the consideration transferred, measured at
       akuisisi dan jumlah setiap KNP pada pihak                           acquisition date fair value, and the amount of
       yang diakuisisi. Untuk setiap kombinasi bisnis,                     any NCI in the acquiree. For each business
       Grup memilih apakah mengukur KNP pada                               combination, the Group elects whether it
       entitas yang diakuisisi baik pada nilai wajar                       measures the NCI in the acquiree either at fair
       ataupun pada proporsi kepemilikan KNP atas                          value or at the proportionate share of the
       aset neto yang teridentifikasi dari entitas yang                    acquiree’s identifiable net assets. Acquisition
       diakuisisi. Biaya-biaya akuisisi yang timbul                        costs incurred are directly expensed and
       dibebankan langsung dan disertakan dalam                            included in administrative expenses.
       beban administrasi.

       Ketika melakukan akuisisi atas sebuah bisnis,                       When the Group acquires a business, it
       Grup mengklasifikasikan dan menentukan aset                         assesses the financial assets acquired and
       keuangan yang diperoleh dan liabilitas                              liabilities    assumed       for    appropriate
       keuangan yang diambil alih berdasarkan pada                         classification and designation in accordance
       persyaratan kontraktual, kondisi ekonomi dan                        with the contractual terms, economic
       kondisi terkait lain yang ada pada tanggal                          circumstances and pertinent conditions as at
       akuisisi. Dalam suatu kombinasi bisnis yang                         the acquisition date. If the business
       dilakukan secara bertahap, Grup mengukur                            combination is achieved in stages, the
       kembali kepentingan ekuitas yang dimiliki                           acquisition date fair value of the Group’s
       sebelumnya pada pihak yang diakuisisi pada                          previously held equity interest in the acquiree
       nilai wajar tanggal akuisisi dan mengakui                           is re-measured to fair value at the acquisition
       keuntungan atau kerugian yang dihasilkan.                           date through profit or loss.

       Setiap imbalan kontinjensi yang akan ditransfer                     Any contingent consideration to be transferred
       oleh perusahaan pengakuisisi akan diakui                            by the acquirer will be recognized at fair value
       pada nilai wajar pada tanggal akuisisi. Imbalan                     at    the   acquisition     date.   Contingent
       kontinjensi yang diklasifikasikan sebagai                           consideration classified as equity is not
       ekuitas tidak diukur kembali dan penyelesaian                       re-measured and its subsequent settlement is
       selanjutnya adalah diperhitungkan dalam                             accounted for within equity
       ekuitas.
       Goodwill awalnya diukur dengan biaya                               Goodwill is initially measured at cost (being the
       perolehan (menjadi kelebihan agregat dari                          excess of the aggregate of the consideration
       pertimbangan yang ditransfer dan jumlah yang                       transferred and the amount recognized for NCI
       diakui     untuk      KNP      dan     kepentingan                 and any previous interest held over the net
       sebelumnya yang dimiliki atas aset dan                             identifiable assets acquired and liabilities
       liabilitas yang dapat diidentifikasi yang dapat                    assumed). If the fair value of the net assets
       diidentifikasi). Jika nilai wajar aset bersih yang                 acquired is in excess of the aggregate
       diakuisisi melebihi pertimbangan agregat yang                      consideration transferred, the Group re-
       ditransfer, Grup akan menilai ulang apakah                         assesses whether it has correctly identified all
       telah mengidentifikasi dengan benar semua                          of the assets acquired and all of the liabilities
       aset yang diperoleh dan semua liabilitas                           assumed and reviews the procedures used to
                                                            20
Page 24
                                                                The original interim consolidated financial statements included herein
                                                                                                       are in the Indonesian language.

      PT CAHAYA AERO SERVICES TBK                                     PT CAHAYA AERO SERVICES TBK
    (D/H PT CARDIG AERO SERVICES TBK)                          (PREVIOUSLY PT CARDIG AERO SERVICES TBK)
           DAN ENTITAS ANAKNYA                                              AND ITS SUBSIDIARIES
          CATATAN ATAS LAPORAN                                     NOTES TO THE INTERIM CONSOLIDATED
    KEUANGAN KONSOLIDASIAN INTERIM                                        FINANCIAL STATEMENTS
 Tanggal 30 September 2025 dan untuk Periode                   As of September 30, 2025 and for the Nine-months
  Sembilan Bulan yang Berakhir pada Tanggal                             Period Then Ended (Unaudited)
Tersebut (Tidak Diaudit) (Disajikan dalam Jutaan                       (Expressed in Millions of Rupiah,
       Rupiah, Kecuali Dinyatakan Lain)                                    Unless Otherwise Stated)



       diasumsikan dan menelaah prosedur yang                           measure the amounts to be recognized at the
       digunakan untuk mengukur jumlah yang akan                        acquisition date. If the re-assessment still
       diakui pada tanggal akuisisi. Jika penilaian                     results in an excess of the fair value of net
       kembali tersebut masih menghasilkan selisih                      assets     acquired     over  the   aggregate
       antara nilai wajar aset bersih yang diperoleh                    consideration transferred, then the gain is
       dengan pertimbangan agregat yang ditransfer,                     recognized in profit or loss.
       maka keuntungan tersebut diakui dalam laba
       rugi.

       Setelah pengakuan awal, goodwill diukur pada                     After initial recognition, goodwill is measured at
       jumlah tercatat dikurangi akumulasi kerugian                     cost less any accumulated impairment losses.
       penurunan nilai. Untuk tujuan pengujian                          For the purpose of impairment testing, goodwill
       penurunan nilai, goodwill yang diperoleh dari                    acquired in a business combination is, from the
       suatu kombinasi bisnis, sejak tanggal akuisisi                   acquisition date, allocated to each of the
       dialokasikan kepada setiap Unit Penghasil Kas                    Group’s Cash-generating Units (“CGU”) that
       (“UPK”) dari Grup yang diharapkan akan                           are expected to benefit from the combination,
       bermanfaat dari sinergi kombinasi tersebut,                      irrespective of whether other assets or liabilities
       terlepas dari apakah aset atau liabilitas lain                   of the acquiree are assigned to those CGUs.
       dari pihak yang diakuisisi ditetapkan atas UPK                   Where goodwill has been allocated to a CGU
       tersebut. Jika goodwill telah dialokasikan pada                  and part of the operations within that CGU is
       suatu UPK dan operasi tertentu atas UPK                          disposed of, the goodwill associated with the
       tersebut dihentikan, maka goodwill yang                          disposed operation is included in the carrying
       diasosiasikan dengan operasi yang dihentikan                     amount of the operation when determining the
       tersebut termasuk dalam jumlah tercatat                          gain or loss on disposal of the operation.
       operasi      tersebut    ketika     menentukan                   Goodwill disposed of in these circumstances is
       keuntungan atau kerugian dari pelepasan.                         measured based on the relative values of the
       Goodwill yang dilepaskan tersebut diukur                         disposed operation and the portion of the CGU
       berdasarkan nilai relatif operasi yang                           retained.
       dihentikan terhadap bagian dari UPK yang
       ditahan.

       Kombinasi bisnis entitas sepengendali                            Business combinations under common control
       Kombinasi bisnis entitas sepengendali dicatat                    Business combinations under common control
       dengan menggunakan metode penyatuan                              are accounted for using the pooling-of-
       kepentingan, dimana selisih antara jumlah                        interests method, whereby the difference
       imbalan yang dialihkan dengan jumlah tercatat                    between the considerations transferred and
       aset neto entitas yang diakuisisi diakui sebagai                 the book value of the net assets of the
       bagian dari akun "Tambahan Modal Disetor"                        acquiree is recognized as part of "Additional
       pada laporan posisi keuangan konsolidasian.                      Paid-in Capital" account in the consolidated
       Dalam      menerapkan     metode      penyatuan                  statement of financial position. In applying the
       kepentingan tersebut, unsur-unsur laporan                        said     pooling-of-interest    method,      the
       keuangan dari entitas yang bergabung                             components of the financial statements of the
       disajikan seolah-olah penggabungan tersebut                      combining entities are presented as if the
       telah terjadi sejak awal periode entitas yang                    combination has occurred since the beginning
       bergabung berada dalam kesepengendalian.                         of the period of the combining entity become
                                                                        under common control.
  e.   Transaksi dan Saldo Dalam Mata Uang                        e.    Foreign  Currency                Transactions           and
       Asing                                                            Balances

       Dalam      menyusun     laporan     keuangan                     In preparing consolidated financial statements,
       konsolidasian, setiap entitas di dalam Grup                      each of the entities within the Group record
       mencatat transaksi dengan menggunakan                            transactions by using the currency of the
       mata uang dari lingkungan ekonomi utama di                       primary economic environment in which the
       mana entitas beroperasi (“mata uang                              entity operates (“the functional currency”). The
       fungsional”).   Mata      uang     fungsional                    functional currency of the Company and
       Perusahaan dan entitas anak adalah Rupiah.                       subsidiaries is Indonesian Rupiah.

                                                          21
Page 25
                                                                   The original interim consolidated financial statements included herein
                                                                                                          are in the Indonesian language.

      PT CAHAYA AERO SERVICES TBK                                        PT CAHAYA AERO SERVICES TBK
    (D/H PT CARDIG AERO SERVICES TBK)                             (PREVIOUSLY PT CARDIG AERO SERVICES TBK)
           DAN ENTITAS ANAKNYA                                                 AND ITS SUBSIDIARIES
          CATATAN ATAS LAPORAN                                        NOTES TO THE INTERIM CONSOLIDATED
    KEUANGAN KONSOLIDASIAN INTERIM                                           FINANCIAL STATEMENTS
 Tanggal 30 September 2025 dan untuk Periode                      As of September 30, 2025 and for the Nine-months
  Sembilan Bulan yang Berakhir pada Tanggal                                Period Then Ended (Unaudited)
Tersebut (Tidak Diaudit) (Disajikan dalam Jutaan                          (Expressed in Millions of Rupiah,
       Rupiah, Kecuali Dinyatakan Lain)                                       Unless Otherwise Stated)



      Transaksi dalam mata uang asing dicatat                              Transactions involving foreign currencies are
      dalam Rupiah berdasarkan kurs yang berlaku                           recorded in Indonesian Rupiah at the rates of
      pada saat transaksi dilakukan. Pada tanggal                          exchange prevailing at the time the
      pelaporan, aset dan liabilitas moneter dalam                         transactions are made. At the reporting date,
      mata uang asing dijabarkan sesuai dengan                             monetary assets and liabilities denominated in
      rata-rata kurs jual dan beli yang diterbitkan                        foreign currencies are adjusted to reflect the
      oleh Bank Indonesia pada tanggal transaksi                           average of the selling and buying rates of
      perbankan terakhir untuk periode yang                                exchange prevailing at the last banking
      bersangkutan, dan laba rugi kurs yang timbul,                        transaction date of the period, as published by
      dikreditkan atau dibebankan pada operasi                             Bank Indonesia, and any resulting gains or
      periode yang bersangkutan.                                           losses are credited or charged to operations of
                                                                           the current period.

      Pada tanggal 30 September 2025 dan 31                                As of September 30, 2025 and December 31,
      Desember 2024, nilai tukar yang digunakan                            2024, the exchange rate used are as follows:
      adalah sebagai berikut:

                                               30 Sep 2025/        31 Des 2024/
                                               Sep 30, 2025        Dec 31, 2024
       1 Dolar Amerika Serikat (USD)                     16,680              16,162                 1 United States Dollar (USD)
       1 Dolar Australia (AUD)                           10,957              10,082                    1 Australian Dollar (AUD)
       1 Dolar Singapura (SGD)                           12,934              11,919                    1 Singapore Dollar (SGD)
       1 Euro (EUR)                                      19,561              16,851                                1 Euro (EUR)


      Akun-akun dari entitas anak dengan mata                              The accounts of subsidiaries with functional
      uang fungsional selain Rupiah dijabarkan dari                        currency other than Rupiah are translated from
      mata uang fungsionalnya menjadi Rupiah                               its respective functional currency into
      dengan dasar sebagai berikut:                                        Indonesian Rupiah on the following basis:

      a)   Aset dan liabilitas, baik moneter maupun                       a) Assets and liabilities, both monetary and
           non-moneter,        dijabarkan    dengan                          non-monetary, are translated using the
           menggunakan kurs penutup.                                         closing rate of exchange.
      b)   Pendapatan dan beban dijabarkan                                b) Revenues and expenses are translated
           dengan menggunakan kurs yang berlaku                              using transactions date exchange rate or, if
           pada tanggal transaksi atau, bila                                 applicable, the average rate for the period.
           memenuhi syarat, kurs rata-rata periode
           tersebut.
      c)   Selisih kurs yang terjadi disajikan sebagai                    c) The resulting exchange difference is
           “Penghasilan komprehensif lain - selisih                          presented as an “Other comprehensive
           kurs penjabaran laporan keuangan”                                 income - difference arising from foreign
           sebagai bagian dari ekuitas sampai                                currency translation” in the equity section
           pelepasan      investasi      neto     yang                       until disposal of the net investment.
           bersangkutan.

      Mata uang penyajian yang digunakan dalam                             The presentation currency used in the
      penyusunan laporan keuangan konsolidasian                            preparation of the consolidated financial
      ini adalah Rupiah yang merupakan mata uang                           statements is Indonesian Rupiah which is the
      fungsional Grup. Setiap entitas di dalam Grup                        functional currency of the Group. Each entity in
      menetapkan mata uang fungsional sendiri dan                          the Group determines its own functional
      unsur-unsur dalam laporan keuangan dari                              currency and items included in the financial
      setiap entitas diukur berdasarkan mata uang                          statements of each entity and are measured
      fungsional tersebut.                                                 using that functional currency.


                                                          22
Page 26
                                                               The original interim consolidated financial statements included herein
                                                                                                      are in the Indonesian language.

      PT CAHAYA AERO SERVICES TBK                                    PT CAHAYA AERO SERVICES TBK
    (D/H PT CARDIG AERO SERVICES TBK)                         (PREVIOUSLY PT CARDIG AERO SERVICES TBK)
           DAN ENTITAS ANAKNYA                                             AND ITS SUBSIDIARIES
          CATATAN ATAS LAPORAN                                    NOTES TO THE INTERIM CONSOLIDATED
    KEUANGAN KONSOLIDASIAN INTERIM                                       FINANCIAL STATEMENTS
 Tanggal 30 September 2025 dan untuk Periode                  As of September 30, 2025 and for the Nine-months
  Sembilan Bulan yang Berakhir pada Tanggal                            Period Then Ended (Unaudited)
Tersebut (Tidak Diaudit) (Disajikan dalam Jutaan                      (Expressed in Millions of Rupiah,
       Rupiah, Kecuali Dinyatakan Lain)                                   Unless Otherwise Stated)



  f.   Kas dan setara kas                                        f.    Cash and cash equivalents
       Setara kas termasuk kas, kas di bank                            Cash equivalent are cash on hand, cash in
       (rekening giro), dan deposito berjangka yang                    banks (demand deposits) and time deposits
       jatuh tempo dalam jangka waktu tiga bulan                       with maturity periods of three months or less at
       atau kurang pada saat penempatan yang tidak                     the time of placement that are not used as
       digunakan sebagai jaminan atau tidak dibatasi                   collateral or the usage are not restricted.
       penggunaannya.
  g.   Transaksi dan saldo dengan pihak berelasi                 g.    Related parties transactions and balances
       Perusahaan dan entitas anaknya mempunyai                        The Company and subsidiaries have
       transaksi dengan pihak berelasi sesuai                          transactions with related parties as defined in
       dengan definisi yang diuraikan pada PSAK                        PSAK 224: Related party disclosures. All
       224: Pengungkapan pihak-pihak berelasi.                         significant transactions and balances with
       Semua transaksi dan saldo yang material                         related parties are disclosed in Note 26.
       dengan pihak berelasi diungkapkan dalam
       Catatan 26.
  h.   Instrumen keuangan                                        h.    Financial instruments

       Instrumen keuangan adalah setiap kontrak                        A financial instrument is any contract that gives
       yang memberikan aset keuangan bagi satu                         rise to a financial asset of one entity and
       entitas dan liabilitas keuangan atau ekuitas                    a financial liability or equity instrument of
       bagi entitas lain.                                              another entity.

       Aset keuangan                                                   Financial assets
       Pengakuan dan Pengukuran Awal                                   Initial Recognition and Measurement
       Pada pengakuan awal, Grup mengukur aset                         At initial recognition, the Group measures
       keuangan pada nilai wajarnya ditambah biaya                     a financial asset at its fair value plus
       transaksi, dalam hal aset keuangan tidak                        transaction costs, in the case of a financial
       diukur pada nilai wajar melalui laba rugi                       asset not at fair value through profit or loss
       (“NWLR”). Piutang usaha yang tidak                              (“FVTPL”). Trade receivables that do not
       mengandung komponen pembiayaan yang                             contain a significant financing component, for
       signifikan, dimana Grup telah menerapkan                        which the Group has applied the practical
       cara praktis, yaitu diukur pada harga transaksi                 expedient are measured at the transaction
       yang ditentukan sesuai PSAK 115, seperti                        price determined under           PSAK 115, as
       diungkapkan pada Catatan 2n.                                    disclosed in Note 2n.

        Agar aset keuangan diklasifikasikan dan                        In order for a financial asset to be classified
       diukur pada biaya perolehan diamortisasi atau                   and measured at amortized cost or fair value
       nilai wajar melaui penghasilan komprehensif                     through     other   comprehensive      income
       lain (“NWPKL”), aset keuangan harus                             (“FVOCI”), it needs to give rise to cash flows
       menghasilkan arus kas yang semata dari                          that are ‘solely payments of principal and
       pembayaran pokok dan bunga (“SPPB”) dari                        interest (“SPPI”)’ on the principal amount
       jumlah pokok terutang. Penilaian ini disebut                    outstanding. This assessment is referred to as
       sebagai uji SPPB dan dilakukan pada tingkat                     the SPPI test and is performed at an
       instrumen.                                                      instrument level.

       Model bisnis Grup untuk mengelola aset                          The Group’s business model for managing
       keuangan mengacu pada bagaimana mereka                          financial assets refers to how it manages its
       mengelola     aset    keuangannya      untuk                    financial assets in order to generate cash
       menghasilkan arus kas. Model bisnis                             flows. The business model determines
       menentukan apakah arus kas akan dihasilkan                      whether cash flows will result from collecting
       dari penerimaan arus kas kontraktual,                           contractual cash flows, selling the financial
       penjualan aset keuangan, atau keduanya.                         assets, or both.


                                                         23
Page 27
                                                               The original interim consolidated financial statements included herein
                                                                                                      are in the Indonesian language.

      PT CAHAYA AERO SERVICES TBK                                    PT CAHAYA AERO SERVICES TBK
    (D/H PT CARDIG AERO SERVICES TBK)                         (PREVIOUSLY PT CARDIG AERO SERVICES TBK)
           DAN ENTITAS ANAKNYA                                             AND ITS SUBSIDIARIES
          CATATAN ATAS LAPORAN                                    NOTES TO THE INTERIM CONSOLIDATED
    KEUANGAN KONSOLIDASIAN INTERIM                                       FINANCIAL STATEMENTS
 Tanggal 30 September 2025 dan untuk Periode                  As of September 30, 2025 and for the Nine-months
  Sembilan Bulan yang Berakhir pada Tanggal                            Period Then Ended (Unaudited)
Tersebut (Tidak Diaudit) (Disajikan dalam Jutaan                      (Expressed in Millions of Rupiah,
       Rupiah, Kecuali Dinyatakan Lain)                                   Unless Otherwise Stated)



      Pengukuran Selanjutnya                                           Subsequent Measurement

      Untuk tujuan pengukuran selanjutnya, aset                        For purposes of subsequent measurement,
      keuangan diklasifikasikan sebagaia aset                          financial assets are classified as financial
      keuangan pada biaya perolehan diamortisasi                       assets at amortized cost (debt instruments).
      (instrumen utang).
      Grup mengukur aset keuangan pada biaya                           The Group measures financial assets at
      perolehan diamortisasi jika kedua kondisi                        amortized cost if both of the following
      berikut terpenuhi:                                               conditions are met:
      • Aset keuangan dimiliki dalam model bisnis                      •   The financial asset is held within a
          dengan tujuan untuk memiliki aset                                business model with the objective to hold
          keuangan dalam rangka mendapatkan                                financial assets in order to collect
                                                                           contractual cash flows, and
          arus kas kontraktual, dan
                                                                       •   The contractual terms of the financial
      • Persyaratan       kontraktual dari   aset                          asset give rise on specified dates to cash
          keuangan menghasilkan arus kas pada                              flows that are SPPI on the principal
          tanggal tertentu yang merupakan SPPB                             amount outstanding.
          dari jumlah pokok terutang.

      Aset keuangan yang diukur pada biaya                             Financial assets at amortized cost are
      perolehan diamortisasi selanjutnya diukur                        subsequently measured using the effective
      dengan menggunakan metode suku bunga                             interest (“EIR”) method and are subject to
      efektif (“SBE”) dan menjadi subjek penurunan                     impairment. Gains and losses are recognized
      nilai. Keuntungan dan kerugian diakui dalam                      in profit or loss when the asset is
      laba rugi pada saat aset dihentikan                              derecognized, modified or impaired.
      pengakuannya, dimodifikasi atau diturunkan
      nilainya.
      Aset keuangan Grup yang diukur pada biaya                        The Group’s financial assets at amortized cost
      perolehan diamortisasi terutama adalah                           are primarily accounts and other receivables.
      piutang usaha dan lain-lain.
      Penghentian Pengakuan                                            Derecognition

      Aset keuangan (atau, sesuai dengan                                A financial asset (or, where applicable, a part
      kondisinya, bagian dari aset keuangan atau                        of a financial asset or part of a group of similar
      bagian dari kelompok aset keuangan serupa)                        financial assets) is primarily derecognized
      terutama dihentikan pengakuannya (yaitu,                          (i.e., removed from the Group’s consolidated
      dihapuskan dari laporan posisi keuangan                           statement of financial position) when:
      konsolidasian Grup) ketika:
       • Hak untuk menerima arus kas dari aset                          •     The rights to receive cash flows from the
          telah berakhir; atau                                                asset have expired; or

       •   Grup telah mengalihkan haknya untuk                         •     The Group has transferred its rights to
           menerima arus kas dari aset atau                                  receive cash flows from the asset or has
           menanggung kewajiban untuk membayar                               assumed an obligation to pay the received
           arus kas yang diterima tersebut secara                            cash flows in full without material delay to a
           penuh tanpa penundaan yang material                               third party under a ‘pass-through’
           kepada    pihak     ketiga    berdasarkan                         arrangement; and either (a) the Group has
           kesepakatan ‘pass-through’, dan salah                             transferred substantially all the risks and
           satu dari (a) Grup telah mengalihkan                              rewards of the asset, or (b) the Group has
           secara substansial seluruh risiko dan                             neither transferred nor retained substantially
           manfaat atas aset, atau (b) Grup tidak                            all the risks and rewards of the asset, but
           mengalihkan maupun tidak memiliki                                 has transferred control of the asset.
           secara substansial atas seluruh risiko dan
           manfaat    atas    aset,    tetapi    telah
           mengalihkan kendali atas aset.

                                                         24
Page 28
                                                             The original interim consolidated financial statements included herein
                                                                                                    are in the Indonesian language.

      PT CAHAYA AERO SERVICES TBK                                  PT CAHAYA AERO SERVICES TBK
    (D/H PT CARDIG AERO SERVICES TBK)                       (PREVIOUSLY PT CARDIG AERO SERVICES TBK)
           DAN ENTITAS ANAKNYA                                           AND ITS SUBSIDIARIES
          CATATAN ATAS LAPORAN                                  NOTES TO THE INTERIM CONSOLIDATED
    KEUANGAN KONSOLIDASIAN INTERIM                                     FINANCIAL STATEMENTS
 Tanggal 30 September 2025 dan untuk Periode                As of September 30, 2025 and for the Nine-months
  Sembilan Bulan yang Berakhir pada Tanggal                          Period Then Ended (Unaudited)
Tersebut (Tidak Diaudit) (Disajikan dalam Jutaan                    (Expressed in Millions of Rupiah,
       Rupiah, Kecuali Dinyatakan Lain)                                 Unless Otherwise Stated)



      Penurunan Nilai                                                Impairment

      Grup mengakui penyisihan Kerugian Kredit                       The Group recognizes an allowance for
      Ekspektasian (”KKE”) untuk semua instrumen                     Expected Credit Losses (“ECL”) for all debt
      utang yang bukan diukur pada NWLR dan                          instruments not held at FVTPL and financial
      kontrak jaminan keuangan. KKE ditentukan                       guarantee contracts. ECLs are based on the
      atas perbedaan antara arus kas kontraktual                     difference between the contractual cash flows
      menurut kontrak dan semua arus kas yang                        due in accordance with the contract and all the
      diharapkan akan diterima oleh Grup, yang                       cash flows that the Group expects to receive,
      didiskontokan dengan perkiraan SBE orisinal.                   discounted at an approximation of the original
      Arus kas yang diharapkan mencakup setiap                       EIR. The expected cash flows include any
      arus kas dari penjualan agunan yang dimiliki                   cash flows from the sale of collateral held or
      atau perbaikan kredit lainnya yang merupakan                   other credit enhancements that are integral to
      bagian yang tidak terpisahkan dalam                            the contractual terms.
      ketentuan kontrak.

      KKE diakui dalam dua tahap. Bila belum                         ECLs are recognized in two stages. When
      terdapat peningkatan risiko kredit signifikan                  there have been significant increases in credit
      sejak pengakuan awal, KKE diakui untuk                         risks since initial recognition, ECLs are
      kerugian kredit yang dihasilkan dari peristiwa                 provided for credit losses that result from
      gagal bayar yang mungkin terjadi dalam                         default events that are possible within the next
      jangka waktu 12 bulan ke depan (KKE 12                         12-months
      bulan). Namun, bila telah terdapat peningkatan                 (a 12-month ECL). But, when there have been
      signifikan risiko kredit sejak pengakuan awal,                 significant increases in credit risks since initial
      penyisihan kerugian diakui untuk kerugian                      recognition, a loss allowance is recognized for
      kredit yang diperkirakan selama sisa umur                      credit losses expected over the remaining life
      aset, tanpa mempertimbangkan waktu gagal                       of the asset, irrespective of timing of the default
      bayar (KKE sepanjang umurnya).                                 (a lifetime ECL).

      Karena piutang usaha dan piutang lain-lainnya                  Because its trade and other receivables do
      tidak    memiliki    komponen      pembiayaan                  not contain significant financing component,
      signifikan, Grup menerapkan pendekatan yang                    the Group applies a simplified approach in
      disederhanakan dalam perhitungan KKE. Oleh                     calculating ECL. Therefore, the Group does
      karena itu, Grup tidak menelusuri perubahan                    not track changes in credit risk, but instead
      dalam risiko kredit, namun justru mengakui                     recognizes a loss allowance based on lifetime
      penyisihan     kerugian     berdasarkan   KKE                  ECL at each reporting date. The Group
      sepanjang umurnya pada setiap tanggal                          established a provision matrix that is based
      pelaporan. Grup membentuk matriks provisi                      on its historical credit loss experience,
      berdasarkan pengalaman kerugian kredit                         adjusted for forward-looking factors specific to
      masa lampau, disesuaikan dengan perkiraan                      the debtors and the economic environment.
      masa depan (forward-looking) atas faktor yang
      spesifik untuk debitur dan lingkungan ekonomi.
      Liabilitas keuangan                                            Financial liabilities
      Pengakuan dan Pengukuran Awal                                  Initial Recognition and Measurement

      Liabilitas keuangan diklasifikasikan, pada                     Financial liabilities are classified, at initial
      pengakuan awal, sebagai liabilitas keuangan                    recognition, as financial liabilities at FVTPL,
      yang diukur pada NWLR, utang dan pinjaman                      loans and borrowings, or as derivatives
      atau derivatif ditetapkan sebagai instrumen                    designated as hedging instruments in an
      lindung nilai pada lindung nilai yang efektif,                 effective hedge, as appropriate.
      sesuai dengan kondisinya.




                                                       25
Page 29
                                                                The original interim consolidated financial statements included herein
                                                                                                       are in the Indonesian language.

      PT CAHAYA AERO SERVICES TBK                                     PT CAHAYA AERO SERVICES TBK
    (D/H PT CARDIG AERO SERVICES TBK)                          (PREVIOUSLY PT CARDIG AERO SERVICES TBK)
           DAN ENTITAS ANAKNYA                                              AND ITS SUBSIDIARIES
          CATATAN ATAS LAPORAN                                     NOTES TO THE INTERIM CONSOLIDATED
    KEUANGAN KONSOLIDASIAN INTERIM                                        FINANCIAL STATEMENTS
 Tanggal 30 September 2025 dan untuk Periode                   As of September 30, 2025 and for the Nine-months
  Sembilan Bulan yang Berakhir pada Tanggal                             Period Then Ended (Unaudited)
Tersebut (Tidak Diaudit) (Disajikan dalam Jutaan                       (Expressed in Millions of Rupiah,
       Rupiah, Kecuali Dinyatakan Lain)                                    Unless Otherwise Stated)



       Semua liabilitas keuangan diakui pada nilai                      All financial liabilities are recognized initially at
       wajar saat pengakuan awal dan, dalam hal                         fair value and, in the case of loans and
       liabilitas keuangan dilklasifikasi sebagai utang                 borrowings and payables, net of directly
       dan pinjaman, diakui pada nilai wajar setelah                    attributable transaction costs.
       dikurangi biaya transaksi yang dapat
       diatribusikan secara langsung.

       Grup menetapkan liabilitas keuangannya                           The Group designates its financial liabilities
       sebagai utang dan pinjaman, seperti utang                        as loans and borrowings, such as trade and
       usaha dan lain-lain, beban akrual, liabilitas                    other payables, accrued expense, short-term
       imbalan kerja jangka pendek dan liabilitas                       employee benefits liability and lease liabilities.
       sewa.

       Pengukuran Selanjutnya                                           Subsequent Measurement

       Liabilitas untuk utang usaha dan utang lain-                     Liabilities for current trade and other accounts
       lain jangka pendek, biaya masih harus dibayar                    payable, accrued expenses and short-term
       dan liabilitas imbalan kerja jangka pendek                       employee benefits liability are stated at
       dinyatakan sebesar jumlah tercatat (jumlah                       carrying amounts (notional amounts), which
       nosional), yang kurang lebih sebesar nilai                       approximate their fair values.
       wajarnya.
       Penghentian Pengakuan                                            Derecognition

       Suatu     liabilitas  keuangan dihentikan                        A financial liability is derecognized when the
       pengakuannya pada saat kewajiban yang                            obligation under the contract is discharged or
       ditetapkan dalam kontrak berakhir atau                           cancelled or expired.
       dibatalkan atau kedaluwarsa.

       Ketika sebuah liabilitas keuangan ditukar                        When an existing financial liability is replaced
       dengan liabilitas keuangan lain dari pemberi                     by another from the same lender on
       pinjaman yang sama atas persyaratan yang                         substantially different terms, or the terms of an
       secara substansial berbeda, atau bila                            existing liability are substantially modified,
       persyaratan dari liabilitas keuangan tersebut                    such an exchange or modification is treated as
       secara substansial dimodifikasi, pertukaran                      derecognition of the original liability and
       atau modifikasi persyaratan tersebut dicatat                     recognition of a new liability, and the difference
       sebagai penghentian pengakuan liabilitas                         in the respective carrying amounts is
       keuangan orisinal dan pengakuan liabilitas                       recognized in the profit or loss.
       keuangan baru, dan selisih antara nilai tercatat
       masing-masing liabilitas keuangan tersebut
       diakui pada laba rugi.

  i.   Persediaan                                                 i.    Inventories

       Persediaan dinyatakan berdasarkan jumlah                         Inventories are carried at the lower of cost and
       terendah antara biaya perolehan dan nilai                        net realizable value. The cost of inventories
       realisasi neto. Biaya persediaan terdiri dari                    comprise all costs of purchase, costs of
       seluruh biaya pembelian, biaya konversi, dan                     conversion and other costs incurred in bringing
       biaya lain yang timbul sampai persediaan                         the inventories to their present location and
       berada dalam kondisi dan lokasi saat ini. Biaya                  condition. Cost is determined using the
       perolehan ditentukan dengan metode rata-rata                     weighted average method. Net realisable
       tertimbang. Nilai realisasi neto merupakan                       value is the estimated selling price in the
       taksiran harga jual dalam kegiatan usaha                         ordinary course of business less the estimated
       biasa dikurangi estimasi biaya penyelesaian                      costs of completion and the estimated costs
       dan estimasi biaya yang diperlukan untuk                         necessary to make the sale.
       membuat penjualan.


                                                          26
Page 30
                                                              The original interim consolidated financial statements included herein
                                                                                                     are in the Indonesian language.

      PT CAHAYA AERO SERVICES TBK                                   PT CAHAYA AERO SERVICES TBK
    (D/H PT CARDIG AERO SERVICES TBK)                        (PREVIOUSLY PT CARDIG AERO SERVICES TBK)
           DAN ENTITAS ANAKNYA                                            AND ITS SUBSIDIARIES
          CATATAN ATAS LAPORAN                                   NOTES TO THE INTERIM CONSOLIDATED
    KEUANGAN KONSOLIDASIAN INTERIM                                      FINANCIAL STATEMENTS
 Tanggal 30 September 2025 dan untuk Periode                 As of September 30, 2025 and for the Nine-months
  Sembilan Bulan yang Berakhir pada Tanggal                           Period Then Ended (Unaudited)
Tersebut (Tidak Diaudit) (Disajikan dalam Jutaan                     (Expressed in Millions of Rupiah,
       Rupiah, Kecuali Dinyatakan Lain)                                  Unless Otherwise Stated)



       Setiap penurunan nilai persediaan di bawah                     The amount of any write-down of inventories to
       biaya perolehan menjadi nilai realisasi neto                   net realisable value and all losses of
       dan seluruh kerugian persediaan diakui                         inventories shall be recognized as an expense
       sebagai beban pada periode terjadinya                          in the period the write-down or loss occurs.
       penurunan atau kerugian tersebut. Setiap                       The amount of any reversal of any write-down
       pemulihan kembali penurunan nilai persediaan                   of inventories, arising from an increase in net
       karena peningkatan kembali nilai realisasi                     realisable value, is recognized as a reduction
       neto, diakui sebagai pengurangan terhadap                      in the amount of inventories recognized as an
       jumlah beban persediaan pada periode                           expense in the period in which the reversal
       terjadinya pemulihan tersebut.                                 occurs.

  j.   Aset tetap                                                j.   Fixed assets

       Aset tetap pada awalnya diakui sebesar biaya                   Fixed assets are initially recognized at cost,
       perolehan yang meliputi harga perolehannya                     which comprises its purchase price and any
       dan setiap biaya yang dapat diatribusikan                      cost directly attributable in bringing the assets
       langsung untuk membawa aset ke kondisi dan                     to the location and condition necessary for it to
       lokasi yang diinginkan agar aset siap                          be capable of operating in the manner
       digunakan sesuai intensi manajemen.                            intended by management.

       Apabila relevan, biaya perolehan juga dapat                    When applicable, the cost may also comprises
       mencakup estimasi awal biaya pembongkaran                      the initial estimate of the costs of dismantling
       dan pemindahan aset tetap dan restorasi                        and removing the item and restoring the site
       lokasi aset tetap, kewajiban tersebut timbul                   on which it is located, the obligation for which
       ketika aset tetap diperoleh atau sebagai                       an entity incurs either when the item is
       konsekuensi penggunaan aset tetap selama                       acquired or as a consequence of having used
       periode tertentu untuk tujuan selain untuk                     the item during a particular period for purposes
       memproduksi persediaan selama periode                          other than to produce inventories during that
       tersebut.                                                      period.

       Setelah pengakuan awal, aset tetap, kecuali                    After initial recognition, property and
       tanah dinyatakan sebesar biaya perolehan                       equipment, except land, are carried at its cost
       dikurangi   akumulasi     penyusutan   dan                     less any accumulated depreciation, and any
       akumulasi rugi penurunan nilai.                                accumulated impairment losses.

       Tanah diakui sebesar harga perolehannya dan                    Lands are recognized at its cost and are not
       tidak disusutkan.                                              depreciated.

       Penyusutan aset tetap dimulai pada saat aset                   Depreciation of property and equipment starts
       tersebut siap untuk digunakan sesuai maksud                    when its available for use and its computed by
       penggunaannya       dan   dihitung    dengan                   using straight-line and double declining
       menggunakan metode garis lurus dan saldo                       method based on the estimated useful lives of
       menurun ganda berdasarkan estimasi masa                        assets as follows:
       manfaat ekonomis aset sebagai berikut:

                                                   Tahun/Years
        Bangunan dan renovasi                                                                      Buildings and leasehold
           bangunan sewa                              4-20                                                improvements
        Peralatan operasi                             3-25                                           Operations equipment
        Kendaraan bermotor                            4-8                                                    Motor vehicles
        Instalasi dan komunikasi                       4                                   Installation and communication
        Peralatan dan perabot kantor                  4-8                                   Office furniture and equipment




                                                      27
Page 31
                                                                The original interim consolidated financial statements included herein
                                                                                                       are in the Indonesian language.

      PT CAHAYA AERO SERVICES TBK                                     PT CAHAYA AERO SERVICES TBK
    (D/H PT CARDIG AERO SERVICES TBK)                          (PREVIOUSLY PT CARDIG AERO SERVICES TBK)
           DAN ENTITAS ANAKNYA                                              AND ITS SUBSIDIARIES
          CATATAN ATAS LAPORAN                                     NOTES TO THE INTERIM CONSOLIDATED
    KEUANGAN KONSOLIDASIAN INTERIM                                        FINANCIAL STATEMENTS
 Tanggal 30 September 2025 dan untuk Periode                   As of September 30, 2025 and for the Nine-months
  Sembilan Bulan yang Berakhir pada Tanggal                             Period Then Ended (Unaudited)
Tersebut (Tidak Diaudit) (Disajikan dalam Jutaan                       (Expressed in Millions of Rupiah,
       Rupiah, Kecuali Dinyatakan Lain)                                    Unless Otherwise Stated)



       Beban       pemeliharaan     dan    perbaikan                    Repairs and maintenance expenses are taken
       dibebankan pada laba rugi pada saat                              to the profit or loss when they are incurred. The
       terjadinya.    Beban       pemugaran       dan                   cost of major renovation and restoration is
       penambahan dalam jumlah besar dikapitalisasi                     included in the carrying amount of the related
       kepada jumlah tercatat aset terkait bila besar                   asset when it is probable that future economic
       kemungkinan bagi Perusahaan manfaat                              benefits in excess of the originally assessed
       ekonomi masa depan menjadi lebih besar dari                      standard of performance of the existing asset
       standar kinerja awal yang ditetapkan                             will flow to the Company and is depreciated
       sebelumnya dan disusutkan sepanjang sisa                         over the remaining useful life of the related
       masa manfaat aset terkait.                                       asset.

       Aset tetap dalam penyelesaian dicatat sebesar                    Constructions in-progress are stated at cost,
       biaya perolehan, yang mencakup kapitalisasi                      including capitalised borrowing costs and other
       beban pinjaman dan biaya-biaya lainnya yang                      charges incurred in connection with the
       terjadi sehubungan dengan pendanaan aset                         financing of the said asset constructions (if
       tetap dalam penyelesaian tersebut (jika ada).                    any). The accumulated costs will be
       Akumulasi biaya perolehan akan direklasifikasi                   reclassified to the appropriate “Fixed assets”
       ke akun “Aset tetap” yang bersangkutan pada                      account when the construction is completed.
       saat aset tetap tersebut telah selesai                           Assets under construction are not depreciated
       dikerjakan dan siap untuk digunakan. Aset                        until they fulfill criteria for recognition as fixed
       tetap dalam penyelesaian tidak disusutkan                        assets as disclosed above.
       sampai memenuhi syarat pengakuan sebagai
       aset tetap seperti diungkapkan di atas.

       Nilai tercatat dari suatu aset tetap dihentikan                  The carrying amount of an item of property
       pengakuannya pada saat pelepasan atau                            and equipment is derecognized on disposal or
       ketika tidak terdapat lagi manfaat ekonomis                      when no future economic benefits are
       masa      depan      yang    diharapkan     dari                 expected from its use or disposal. Any gain or
       penggunaan atau pelepasannya. Keuntungan                         loss   arising   from     derecognition     (that
       atau kerugian yang timbul dari penghentian                       determined as the difference between the net
       pengakuan tersebut (yang ditentukan sebesar                      disposal proceeds, if any, and the carrying
       selisih antara jumlah hasil pelepasan neto, jika                 amount of the item) is included in profit or loss
       ada, dan jumlah tercatatnya) dimasukkan                          when item is derecognized.
       dalam laba rugi pada saat penghentian
       pengakuan tersebut dilakukan.

       Pada setiap akhir periode pelaporan, Grup                        At the end of each reporting period, the Group
       melakukan penelaahan berkala atas masa                           made regular review of the useful lives,
       manfaat, nilai residu, metode penyusutan, dan                    residual values, depreciation method, and
       sisa umur pemakaian berdasarkan kondisi                          residual life based on the technical conditions.
       teknis.

  k.   Sewa                                                       k.    Lease

       Grup menilai pada saat insepsi kontrak apabila                  The Group assesses at contract inception
       kontrak tersebut adalah, atau mengandung,                       whether a contract is, or contains, a lease. That
       sewa. Yaitu, bila kontrak tersebut memberikan                   is, if the contract conveys the right to control
       hak untuk mengendalikan penggunaan aset                         the use of an identified asset for a period of
       identifikasian selama suatu jangka waktu untuk                  time in exchange for consideration.
       dipertukarkan dengan imbalan.

       Grup sebagai Penyewa                                            The Group as a Lessee

       Grup menerapkan pendekatan pengakuan dan                         The Group applies a single recognition and
       pengukuran tunggal untuk semua sewa,                             measurement approach for all leases, except
       kecuali untuk sewa jangka-pendek dan sewa                        for short-term leases and leases of low-value
       yang aset pendasarnya bernilai-rendah. Grup                      assets. The Group recognizes lease liabilities
                                                          28
Page 32
                                                                The original interim consolidated financial statements included herein
                                                                                                       are in the Indonesian language.

      PT CAHAYA AERO SERVICES TBK                                     PT CAHAYA AERO SERVICES TBK
    (D/H PT CARDIG AERO SERVICES TBK)                          (PREVIOUSLY PT CARDIG AERO SERVICES TBK)
           DAN ENTITAS ANAKNYA                                              AND ITS SUBSIDIARIES
          CATATAN ATAS LAPORAN                                     NOTES TO THE INTERIM CONSOLIDATED
    KEUANGAN KONSOLIDASIAN INTERIM                                        FINANCIAL STATEMENTS
 Tanggal 30 September 2025 dan untuk Periode                   As of September 30, 2025 and for the Nine-months
  Sembilan Bulan yang Berakhir pada Tanggal                             Period Then Ended (Unaudited)
Tersebut (Tidak Diaudit) (Disajikan dalam Jutaan                       (Expressed in Millions of Rupiah,
       Rupiah, Kecuali Dinyatakan Lain)                                    Unless Otherwise Stated)



      mengakui liabilitas sewa untuk melakukan                          to make lease payments and right-of-use
      pembayaran sewa dan aset hak-guna yang                            assets representing the right to use the
      mewakili hak untuk menggunakan aset                               underlying assets.
      pendasar.

      i) Aset hak-guna                                                  i) Right of use assets

        Grup mengakui aset hak-guna pada tanggal                          The Group recognizes right of use assets at
        dimulainya sewa (yaitu tanggal aset tersedia                      the commencement date of the lease (i.e.,
        untuk digunakan). Aset hak-guna diukur                            the date the underlying asset is available for
        pada harga perolehan, dikurangi akumulasi                         use). Right of use assets are measured at
        penyusutan dan penurunan nilai, dan                               cost, less any accumulated depreciation and
        disesuaikan untuk setiap pengukuran                               impairment losses, and adjusted for any
        kembali liabilitas sewa. Biaya perolehan aset                     remeasurement of lease liabilities. The cost
        hak-guna mencakup jumlah liabilitas sewa                          of right of use assets includes the amount of
        yang diakui, biaya langsung yang timbul di                        lease liabilities recognized, initial direct costs
        awal, dan pembayaran sewa yang dilakukan                          incurred, and lease payments made at or
        pada atau sebelum tanggal mulai dikurangi                         before the commencement date less any
        setiap insentif sewa yang diterima. Aset hak-                     lease incentives received. Right of use assets
        guna disusutkan dengan metode garis lurus                         are depreciated on a straight-line basis over
        selama periode yang lebih pendek antara                           the shorter of the lease term and the
        sewa dan estimasi masa manfaat aset,                              estimated useful lives of the assets, as
        sebagai berikut:                                                  follows:
                                                        Tahun/Years

        Tanah                                                 20                                                            Land
        Peralatan operasional                                4-15                                         Operational equipments
        Bangunan                                             1-5                                                         Building
        Kendaraan bermotor                                   1-4                                                   Motor vehicles

        Jika kepemilikan aset pendasar sewa beralih                       If ownership of the leased asset transfers to
        ke Grup pada akhir masa sewa atau biaya                           the Group at the end of the lease term or the
        perolehan aset hak-guna merefleksikan Grup                        cost reflects the exercise of a purchase
        akan mengeksekusi opsi beli, maka                                 option, depreciation is calculated using the
        penyusutan     aset    hak-guna    dihitung                       estimated useful life of the asset.The right-of-
        menggunakan estimasi masa manfaat aset.                           use assets are also assessed for impairment.
        Aset hak-guna juga dievaluasi untuk
        penurunan nilai.

     ii) Liabilitas sewa                                                ii) Lease liabilities

        Pada tanggal permulaan sewa, Grup                                 At the commencement date of the lease, the
        mengakui liabilitas sewa yang diukur pada                         Group recognizes lease liabilities measured
        nilai kini pembayaran sewa yang harus                             at the present value of lease payments to be
        dilakukan selama masa sewa.                                       made over the lease term.

        Pembayaran sewa juga mencakup harga                               The lease payments also include the
        pelaksanaan dari opsi beli yang secara wajar                      exercise price of a purchase option
        pasti    dilaksanakan     oleh   Grup    dan                      reasonably certain to be exercised by the
        pembayaran pinalti untuk mengakhiri sewa,                         Group and payments of penalties for
        jika masa sewa merefleksikan adanya opsi                          terminating the lease, if the lease term
        dapat mengakhiri sewa. Pembayaran sewa                            reflects exercising the option to terminate.
        variabel yang tidak bergantung pada indeks                        Variable lease payments that do not depend
        atau tarif diakui sebagai beban pada periode                      on an index or a rate are recognized as
        terjadinya peristiwa atau kondisi yang                            expenses in the period in which the event or
        memicu terjadinya pembayaran tersebut.                            condition that triggers the payment occurs.


                                                        29
Page 33
                                                                 The original interim consolidated financial statements included herein
                                                                                                        are in the Indonesian language.

      PT CAHAYA AERO SERVICES TBK                                      PT CAHAYA AERO SERVICES TBK
    (D/H PT CARDIG AERO SERVICES TBK)                           (PREVIOUSLY PT CARDIG AERO SERVICES TBK)
           DAN ENTITAS ANAKNYA                                               AND ITS SUBSIDIARIES
          CATATAN ATAS LAPORAN                                      NOTES TO THE INTERIM CONSOLIDATED
    KEUANGAN KONSOLIDASIAN INTERIM                                         FINANCIAL STATEMENTS
 Tanggal 30 September 2025 dan untuk Periode                    As of September 30, 2025 and for the Nine-months
  Sembilan Bulan yang Berakhir pada Tanggal                              Period Then Ended (Unaudited)
Tersebut (Tidak Diaudit) (Disajikan dalam Jutaan                        (Expressed in Millions of Rupiah,
       Rupiah, Kecuali Dinyatakan Lain)                                     Unless Otherwise Stated)



         Dalam menghitung nilai kini pembayaran                            In calculating the present value of lease
         sewa, Grup menggunakan Suku Bunga                                 payments, the Group uses its Incremental
         Pinjaman Inkremental (“SBPI”) pada tanggal                        Borrowing Rate (“IBR”) at the lease
         permulaan sewa karena suku bunga implisit                         commencement date because the interest
         dalam      sewa    tidak  dapat      langsung                     rate implicit in the lease is not readily
         ditentukan. Setelah tanggal permulaan,                            determinable. After the commencement date,
         jumlah kewajiban sewa ditingkatkan untuk                          the amount of lease liabilities is increased to
         mencerminkan akresi bunga (atas efek                              reflect the accretion of interest and reduced
         diskonto) dan dikurangi untuk pembayaran                          for the lease payments made. In addition, the
         sewa yang dilakukan. Selain itu, nilai tercatat                   carrying amount of lease liabilities is
         liabilitas sewa diukur kembali jika terdapat                      remeasured if there is a modification,
         modifikasi,    perubahan     masa        sewa,                    a change in the lease term, a change in the
         perubahan      pembayaran      sewa,      atau                    lease payments, or a change in the
         perubahan penilaian atas opsi untuk                               assessment of an option to purchase the
         membeli aset pendasar.                                            underlying asset.

       iii) Sewa jangka pendek dan sewa aset bernilai                    iii) Short-term leases and leases of low-value
            rendah                                                            assets

         Grup menerapkan pengecualian pengakuan                              The Group applies the short-term lease
         sewa jangka pendek untuk sewa aset                                  recognition exemption to its short-term
         jangka pendeknya (yaitu, sewa yang                                  leases of assets (i.e., those leases that
         memiliki jangka waktu sewa 12 bulan atau                            have a lease term of 12 months or less from
         kurang, dari tanggal permulaan dan tidak                            the commencement date and do not contain
         mengandung opsi beli). Hal ini juga berlaku                         a purchase option). It also applies the lease
         untuk pengecualian pengakuan sewa aset                              of low-value assets recognition exemption
         bernilai rendah untuk sewa aset yang                                to leases of assets that are considered to
         dianggap bernilai rendah. Pembayaran                                be low value. Lease payments on short-
         sewa untuk sewa jangka pendek dan sewa                              term leases and leases of low-value assets
         dari aset bernilai rendah diakui sebagai                            are recognized as expense on a straight-
         beban dengan metode garis lurus selama                              line basis over the lease term.
         masa sewa.

  l.   Pajak                                                       l.    Taxes

       Pajak Penghasilan Kini                                            Current Income Tax

       Aset dan liabilitas pajak kini diukur sebesar                     Current income tax assets and liabilities are
       jumlah yang diharapkan dapat direstitusi dari                     measured at the amount expected to be
       atau dibayarkan kepada otoritas perpajakan.                       recovered from or paid to the taxation authority.
       Tarif pajak dan peraturan pajak yang                              The tax rates and tax laws used to compute the
       digunakan untuk menghitung jumlah tersebut                        amount are those that are enacted or
       adalah yang telah berlaku atau secara                             substantively enacted at the reporting date in
       substantif telah berlaku pada tanggal                             the countries where the the Company operates
       pelaporan di negara tempat Perusahaan                             and generates taxable income.
       beroperasi dan menghasilkan pendapatan
       kena pajak.

       Bunga dan denda disajikan sebagai bagian                          Interests and penalties are presented as part of
       dari penghasilan atau beban operasi lain                          other operating income or expenses since they
       karena tidak dianggap sebagai bagian dari                         are not considered as part of the income tax
       beban pajak penghasilan.                                          expense.




                                                           30
Page 34
                                                                The original interim consolidated financial statements included herein
                                                                                                       are in the Indonesian language.

      PT CAHAYA AERO SERVICES TBK                                     PT CAHAYA AERO SERVICES TBK
    (D/H PT CARDIG AERO SERVICES TBK)                          (PREVIOUSLY PT CARDIG AERO SERVICES TBK)
           DAN ENTITAS ANAKNYA                                              AND ITS SUBSIDIARIES
          CATATAN ATAS LAPORAN                                     NOTES TO THE INTERIM CONSOLIDATED
    KEUANGAN KONSOLIDASIAN INTERIM                                        FINANCIAL STATEMENTS
 Tanggal 30 September 2025 dan untuk Periode                   As of September 30, 2025 and for the Nine-months
  Sembilan Bulan yang Berakhir pada Tanggal                             Period Then Ended (Unaudited)
Tersebut (Tidak Diaudit) (Disajikan dalam Jutaan                       (Expressed in Millions of Rupiah,
       Rupiah, Kecuali Dinyatakan Lain)                                    Unless Otherwise Stated)



      Pajak Tangguhan                                                   Deferred Tax

      Pajak tangguhan diakui dengan menggunakan                         Deferred tax is provided using the liability
      metode liabilitas atas perbedaan temporer                         method on temporary differences between the
      antara dasar pengenaan pajak dari aset dan                        tax bases of assets and liabilities and their
      liabilitas dan jumlah tercatatnya untuk tujuan                    carrying amounts for financial reporting
      pelaporan keuangan pada tanggal pelaporan.                        purposes at the reporting date.

      Liabilitas pajak tangguhan diakui untuk semua                     Deferred tax liabilities are recognized for all
      perbedaan temporer yang kena pajak, kecuali:                      taxable temporary differences, except:

      i.   liabilitas pajak tangguhan yang terjadi dari                  i. when the deferred tax liability arises from
           pengakuan awal goodwill atau dari aset                           the initial recognition of goodwill or an asset
           atau liabilitas dari transaksi yang bukan                        or liability in a transaction that is not a
           transaksi kombinasi bisnis, dan pada waktu                       business combination and, at the time of
           transaksi     tidak   mempengaruhi     laba                      the transaction, affects neither the
           akuntansi dan laba kena pajak/rugi pajak;                        accounting profit nor taxable profit or loss;

      ii. dari perbedaan temporer kena pajak atas                        ii. in respect of taxable temporary differences
          investasi pada entitas anak, perusahaan                            associated with investments in subsidiaries,
          asosiasi     dan     kepentingan      dalam                        associates     and    interests    in    joint
          pengaturan       bersama,      yang    saat                        arrangements, when the timing of the
          pembalikannya dapat dikendalikan dan                               reversal of the temporary differences can
          besar kemungkinannya bahwa beda                                    be controlled and it is probable that the
          temporer itu tidak akan dibalik dalam waktu                        temporary differences will not reverse in the
          dekat.                                                             foreseeable future.

      Aset pajak tangguhan diakui untuk semua                            Deferred tax assets are recognized for all
      perbedaan temporer yang dapat dikurangkan,                         deductible temporary differences, the carry
      saldo kredit pajak yang tidak digunakan dan                        forward of unused tax credits and any unused
      akumulasi rugi fiskal yang tidak terpakai. Aset                    tax losses. Deferred tax assets are
      pajak tangguhan diakui apabila besar                               recognized to the extent that it is probable
      kemungkinan bahwa jumlah penghasilan kena                          that taxable profit will be available against
      pajak akan memadai untuk dikompensasi                              which the deductible temporary differences,
      dengan perbedaan temporer yang dapat                               and the carry forward of unused tax credits
      dikurangkan, dan penerapan kredit pajak yang                       and any unused tax losses can be utilised,
      tidak terpakai serta akumulasi rugi fiskal yang                    except:
      dapat digunakan, kecuali:

      i.   jika aset pajak tangguhan timbul dari                         i. when the deferred tax asset relating to the
           pengakuan awal aset atau liabilitas dalam                        deductible temporary difference arises from
           transaksi yang bukan transaksi kombinasi                         the initial recognition of an asset or liability
           bisnis dan tidak mempengaruhi laba                               in a transaction that is not a business
           akuntansi maupun laba kena pajak/rugi                            combination and, at the time of the
           pajak; atau                                                      transaction, affects neither the accounting
                                                                            profit nor taxable profit or loss; or

      ii. dari perbedaan temporer yang dapat                            ii. in respect of deductible temporary
          dikurangkan atas investasi pada entitas                           differences associated with investments in
          anak,     perusahaan       asosiasi    dan                        subsidiaries, associates and interest in joint
          kepentingan dalam pengaturan bersama,                             arrangements, deferred tax assets are
          aset pajak tangguhan hanya diakui bila                            recognized only to the extent that it is
          besar kemungkinannya bahwa beda                                   probable that the temporary differences will
          temporer itu tidak akan dibalik dalam waktu                       reverse in the foreseeable future and
          dekat dan laba kena pajak dapat                                   taxable profit will be available against which
          dikompensasi dengan beda temporer                                 the temporary differences can be utilised.
          tersebut.


                                                          31
Page 35
                                                                The original interim consolidated financial statements included herein
                                                                                                       are in the Indonesian language.

      PT CAHAYA AERO SERVICES TBK                                     PT CAHAYA AERO SERVICES TBK
    (D/H PT CARDIG AERO SERVICES TBK)                          (PREVIOUSLY PT CARDIG AERO SERVICES TBK)
           DAN ENTITAS ANAKNYA                                              AND ITS SUBSIDIARIES
          CATATAN ATAS LAPORAN                                     NOTES TO THE INTERIM CONSOLIDATED
    KEUANGAN KONSOLIDASIAN INTERIM                                        FINANCIAL STATEMENTS
 Tanggal 30 September 2025 dan untuk Periode                   As of September 30, 2025 and for the Nine-months
  Sembilan Bulan yang Berakhir pada Tanggal                             Period Then Ended (Unaudited)
Tersebut (Tidak Diaudit) (Disajikan dalam Jutaan                       (Expressed in Millions of Rupiah,
       Rupiah, Kecuali Dinyatakan Lain)                                    Unless Otherwise Stated)



      Jumlah tercatat aset pajak tangguhan ditelaah                     The carrying amount of deferred tax assets is
      pada setiap tanggal pelaporan dan diturunkan                      reviewed at each reporting date and reduced
      apabila laba fiskal mungkin tidak memadai                         to the extent that it is no longer probable that
      untuk mengkompensasi sebagian atau semua                          sufficient taxable profit will be available to
      manfaat aset pajak tangguhan. Aset pajak                          allow all or part of the deferred tax asset to be
      tangguhan yang tidak diakui ditinjau ulang                        utilised. Unrecognized deferred tax assets are
      pada setiap tanggal pelaporan dan akan diakui                     re-assessed at each reporting date and are
      apabila besar kemungkinan bahwa laba fiskal                       recognized to the extent that it has become
      pada masa yang akan datang akan tersedia                          probable that future taxable profits will allow
      untuk pemulihannya.                                               the deferred tax assets to be recovered.

      Aset dan liabilitas pajak tangguhan diukur                        Deferred tax assets and liabilities are
      dengan menggunakan tarif pajak yang                               measured at the tax rates that are expected to
      diharapkan akan berlaku pada tahun saat aset                      apply to the year when the asset is realized or
      dipulihkan    atau    liabilitas diselesaikan                     the liability is settled, based on tax rates and
      berdasarkan tarif pajak dan peraturan pajak                       tax laws that have been enacted or
      yang berlaku atau yang secara substantif telah                    substantively enacted as at the reporting date.
      berlaku pada tanggal pelaporan.

      Pajak Pertambahan Nilai (PPN)                                     Value Added Tax (VAT)

      Pendapatan, beban-beban, dan aset-aset                            Revenue,    expenses,     and    assets    are
      diakui neto atas jumlah PPN kecuali:                              recognized net of the amount of VAT except:

         PPN yang muncul dari pembelian aset atau                         When the VAT incurred on a purchase of
          jasa yang tidak dapat dikreditkan oleh                            assets or services is not recoverable from
          kantor pajak, yang dalam hal ini PPN diakui                       the taxation authority, in which case the
          sebagai bagian dari biaya perolehan aset                          VAT is recognized as part of the cost of
          atau sebagai bagian dari item beban-beban                         acquisition of the asset or as part of the
          yang diterapkan; dan                                              expense item as applicable; and

         Piutang dan utang yang disajikan termasuk                        When receivables and payables are stated
          dengan jumlah PPN.                                                with the amount of VAT included.

      Jumlah PPN neto yang terpulihkan dari, atau                      The net amount of VAT recoverable from, or
      terutang kepada, kantor pajak termasuk                           payable to, the taxation authorities is included
      sebagai bagian dari piutang atau utang pada                      as part of receivables or payables in the
      laporan posisi keuangan konsolidasian.                           consolidated statement of financial position.

      Pajak Final                                                       Final Tax

      Sesuai peraturan perpajakan di Indonesia,                         In accordance with the tax regulation in
      pajak final dikenakan atas nilai bruto transaksi,                 Indonesia, final tax is applied to the gross value
      dan tetap dikenakan walaupun atas transaksi                       of transactions, even when the parties carrying
      tersebut pihak yang melakukan transaksi                           the transaction recognizing losses.
      mengalami kerugian.

      Pajak final tidak termasuk dalam lingkup yang                     Final tax is scoped out from PSAK 212: Income
      diatur oleh PSAK 212: Pajak Penghasilan.                          Tax.




                                                          32
Page 36
                                                               The original interim consolidated financial statements included herein
                                                                                                      are in the Indonesian language.

      PT CAHAYA AERO SERVICES TBK                                    PT CAHAYA AERO SERVICES TBK
    (D/H PT CARDIG AERO SERVICES TBK)                         (PREVIOUSLY PT CARDIG AERO SERVICES TBK)
           DAN ENTITAS ANAKNYA                                             AND ITS SUBSIDIARIES
          CATATAN ATAS LAPORAN                                    NOTES TO THE INTERIM CONSOLIDATED
    KEUANGAN KONSOLIDASIAN INTERIM                                       FINANCIAL STATEMENTS
 Tanggal 30 September 2025 dan untuk Periode                  As of September 30, 2025 and for the Nine-months
  Sembilan Bulan yang Berakhir pada Tanggal                            Period Then Ended (Unaudited)
Tersebut (Tidak Diaudit) (Disajikan dalam Jutaan                      (Expressed in Millions of Rupiah,
       Rupiah, Kecuali Dinyatakan Lain)                                   Unless Otherwise Stated)



  m. Imbalan kerja                                               m. Employee benefits

      Perusahaan dan entitas anak tertentu                             The Company and certain subsidiaries have
      menyelenggarakan program manfaat pasti                           defined benefit plans covering all of its eligible
      yang meliputi seluruh karyawan yang berhak.                      employees. The employees contribute 5.4% of
      Para karyawan mengkontribusikan 5,4% dari                        their pensionable earnings to the fund and the
      penghasilan pensiun dan Perusahaan dan                           remaining amount required to fund the plan
      entitas anak tertentu diharuskan untuk                           based on the provisions of the collective labor
      menyediakan kekurangannya berdasarkan                            agreement is contributed by the Company and
      perjanjian kerja bersama. Aset dana pensiun                      certain subsidiaries. The plan’s assets are
      dikelola oleh Dana Pensiun Cardig Group.                         managed by Dana Pensiun Cardig Group.
      Dana Pensiun Cardig Group didirikan                              Dana      Pensiun     Cardig    Group         was
      berdasarkan surat keputusan dari Kementerian                     established    based    on decision letter
      Keuangan Republik Indonesia No. KEP-                             No.        KEP-446/KKM.10/2012             dated
      446/KKM.10/2012 tanggal 4 September 2012.                        September 4, 2012 of the Ministry of Finance
                                                                       of the Republic of Indonesia.

      Grup juga mencatat penyisihan manfaat                            The Group also provides additional provisions
      tambahan selain program dana pensiun                             on top of the benefits provided under the
      tersebut di atas untuk memenuhi dan menutup                      above-mentioned pension programs in order to
      imbalan minimum yang harus dibayar kepada                        meet and cover the minimum benefits required
      karyawan-karyawan sesuai dengan Undang-                          to be paid to the qualified employees under the
      Undang Ketenagakerjaan yang berlaku.                             applicable Labor Law. The said additional
      Penyisihan tambahan tersebut diestimasi                          provisions are estimated using actuarial
      dengan menggunakan perhitungan aktuarial                         calculations using the “Projected Unit Credit”
      metode “Projected Unit Credit”.                                  method.

      Pengukuran kembali, terdiri atas keuntungan                      Re-measurements, comprising of actuarial
      dan kerugian aktuarial, segera diakui pada                       gains and losses, are recognized immediately
      laporan posisi keuangan dengan pengaruh                          in the statement of financial position with
      langsung didebit atau dikreditkan kepada saldo                   a corresponding debit or credit to retained
      laba melalui penghasilan komprehensif lain                       earnings through other comprehensive income
      pada periode terjadinya. Pengukuran kembali                      in the period in which they occur. Re-
      tidak direklasifikasi ke laba rugi pada periode                  measurements are not reclassified to profit or
      berikutnya.                                                      loss in subsequent periods.
      Biaya jasa lalu harus diakui sebagai beban                       Past service costs are recognized in profit or
      pada saat yang lebih awal antara:                                loss at the earlier between:
      i) ketika     amendemen       program  atau                       iii) the date of the plan amendment or
          kurtailmen terjadi; dan                                            curtailment, and
      ii) ketika Perusahaan mengakui biaya                              iv) the date the Company recognizes related
          restrukturisasi atau imbalan terminasi                             restructuring costs.
          terkait.

      Bunga neto dihitung dengan menerapkan                             Net interest is calculated by applying the
      tingkat diskonto yang digunakan terhadap                          discount rate to the net defined benefit
      liabilitas imbalan kerja. Perusahaan mengakui                     liability. The Company recognizes the
      perubahan berikut pada kewajiban obligasi                         following changes in the net defined benefit
      neto pada akun “Beban Pokok Penjualan” dan                        obligation under “Cost of Goods Sold” and
      “Beban Umum dan Administrasi” pada laporan                        “General and Administrative Expenses” as
      laba rugi dan penghasilan komprehensif lain                       appropriate in the consolidated statement of
      konsolidasian:                                                    profit or loss and other comprehensive
       i) Biaya jasa terdiri atas biaya jasa kini,                      income:
             biaya jasa lalu, keuntungan atau kerugian                   i) Service costs comprising current service
             atas penyelesaian (curtailment) tidak                             costs, past-service costs, gains or losses
             rutin, dan                                                        on     curtailments   and      non-routine
                                                                               settlements, and

                                                         33
Page 37
                                                               The original interim consolidated financial statements included herein
                                                                                                      are in the Indonesian language.

      PT CAHAYA AERO SERVICES TBK                                    PT CAHAYA AERO SERVICES TBK
    (D/H PT CARDIG AERO SERVICES TBK)                         (PREVIOUSLY PT CARDIG AERO SERVICES TBK)
           DAN ENTITAS ANAKNYA                                             AND ITS SUBSIDIARIES
          CATATAN ATAS LAPORAN                                    NOTES TO THE INTERIM CONSOLIDATED
    KEUANGAN KONSOLIDASIAN INTERIM                                       FINANCIAL STATEMENTS
 Tanggal 30 September 2025 dan untuk Periode                  As of September 30, 2025 and for the Nine-months
  Sembilan Bulan yang Berakhir pada Tanggal                            Period Then Ended (Unaudited)
Tersebut (Tidak Diaudit) (Disajikan dalam Jutaan                      (Expressed in Millions of Rupiah,
       Rupiah, Kecuali Dinyatakan Lain)                                   Unless Otherwise Stated)



       ii)   Beban atau penghasilan bunga neto.                          ii)   Net interest expense or income.

       Pengukuran kembali atas liabilitas (aset)                       The remeasurement of the net defined benefit
       imbalan pasti neto yang terdiri dari keuntungan                 liability (asset) comprises actuarial gains and
       dan kerugian aktuarial, imbal hasil atas aset                   losses, the return on plan assets, and any
       program dan setiap perubahan dampak batas                       change in effect of the asset ceiling are
       atas aset diakui sebagai penghasilan                            recognized in other comprehensive income.
       komprehensif lain.

  n.   Pengakuan pendapatan dan beban                            n.    Revenues and expenses recognition

       Pendapatan dari kontrak dengan pelanggan                        Revenue from contracts with customers is
       diakui ketika pengendalian jasa dialihkan                       recognized when control of the services is
       kepada pelanggan dengan jumlah yang                             transferred to the customers at an amount that
       mencerminkan imbalan yang diharapkan Grup                       reflects the consideration to which the Group
       sebagai     imbalan  atas   jasa   tersebut.                    expects to be entitled in exchange for those
       Pengendalian dialihkan dari waktu ke waktu                      services. Control is transferred overtime as the
       karena     pelanggan   secara    bersamaan                      customers simultaneously receives and
       menerima dan menggunakan manfaat yang                           customers the benefits provided by the Group.
       diberikan oleh Grup.

       Grup secara umum menyimpulkan bahwa                             The Group has generally concluded that it is
       Grup bertindak sebagai prinsipal dalam                          the principle in its revenue arrangements.
       pengaturan pendapatannya

       Liabilitas kontrak adalah kewajiban untuk                       A contract liability is the obligation to transfer
       mentransfer barang atau jasa kepada                             goods or services to a customer for which the
       pelanggan dimana Grup telah menerima                            Group has received consideration (or an
       imbalan (atau jumlah imbalan yang jatuh                         amount of consideration is due) from the
       tempo) dari pelanggan. Jika pelanggan                           customer. If a customer pays consideration
       membayar imbalan sebelum Grup mentransfer                       before the Group transfers goods or services
       barang atau jasa kepada pelanggan, liabilitas                   to the customer, a contract liability is
       kontrak diakui pada saat pembayaran                             recognized when the payment is made or the
       dilakukan atau pembayaran jatuh tempo                           payment is due (whichever is earlier). Contract
       (mana yang lebih awal). Liabilitas kontrak                      liabilities are recognized as revenue when the
       diakui sebagai pendapatan pada saat Grup                        Group performs under the contract.
       melaksanakan berdasarkan kontrak.

       Beban diakui pada saat terjadinya dengan                        Expenses are recognised as incurred on an
       basis akrual.                                                   accruals basis.

  o.   Laba per saham                                            o.    Profit per share

       Laba per saham dasar dihitung dengan                            Basic profit per share is computed by dividing
       membagi laba atau rugi yang dapat                               the profit or loss attributable to ordinary equity
       diatribusikan kepada pemegang saham biasa                       holders of the parent entity by the weighted
       entitas induk dengan jumlah rata-rata                           average      number      of    ordinary    shares
       tertimbang saham biasa yang beredar dalam                       outstanding during the period.
       suatu periode.

       Grup tidak mempunyai efek berpotensi saham                      The Group has no outstanding dilutive
       biasa yang bersifat dilutif pada tanggal                        potential ordinary shares as of September 30,
       30 September 2025.                                              2025.




                                                         34
Page 38
                                                                         The original interim consolidated financial statements included herein
                                                                                                                are in the Indonesian language.

           PT CAHAYA AERO SERVICES TBK                                     PT CAHAYA AERO SERVICES TBK
         (D/H PT CARDIG AERO SERVICES TBK)                          (PREVIOUSLY PT CARDIG AERO SERVICES TBK)
                DAN ENTITAS ANAKNYA                                              AND ITS SUBSIDIARIES
               CATATAN ATAS LAPORAN                                     NOTES TO THE INTERIM CONSOLIDATED
         KEUANGAN KONSOLIDASIAN INTERIM                                        FINANCIAL STATEMENTS
      Tanggal 30 September 2025 dan untuk Periode                   As of September 30, 2025 and for the Nine-months
       Sembilan Bulan yang Berakhir pada Tanggal                             Period Then Ended (Unaudited)
     Tersebut (Tidak Diaudit) (Disajikan dalam Jutaan                       (Expressed in Millions of Rupiah,
            Rupiah, Kecuali Dinyatakan Lain)                                    Unless Otherwise Stated)



       p.   Informasi segmen                                               p.    Segment information

            Untuk tujuan manajemen, Grup dibagi dalam                            For management purposes, the Group are
            lima divisi operasi penunjang, antara lain, jasa                     organized into five operating division, ground
            penangan darat dan kargo, jasa rilis dan                             and cargo handling service, aircraft release
            perbengkelan pesawat udara, jasa catering                            and maintenance services, catering service
            dan jasa pelatihan penerbangan yang dikelola                         and aviation training service which are
            secara independen oleh masing-masing                                 independently managed by the respective
            pengelola segmen yang bertanggung jawab                              segment managers responsible for the
            atas kinerja dari masing-masing segmen. Para                         performance of the respective segments under
            pengelola     segmen     melaporkan      secara                      their charge. The segment managers report
            langsung kepada manajemen Perusahaan                                 directly to the management who regularly
            yang secara teratur mengkaji laba segmen                             review the segment results in order to allocate
            sebagai dasar untuk mengalokasikan sumber                            resources to the segments and to assess the
            daya ke masing-masing segmen dan untuk                               segment performance.
            menilai kinerja segmen.

            Pengungkapan tambahan pada masing-masing                            Additional disclosures on each of these
            segmen terdapat dalam Catatan 31, termasuk                          segments are shown in Note 31, including the
            faktor yang digunakan untuk mengidentifikasi                        factors used to identify the reportable segments
            segmen     yang   dilaporkan  dan     dasar                         and the measurement basis of segment
            pengukuran informasi segmen.                                        information.



3.     PERTIMBANGAN, ESTIMASI DAN                  ASUMSI           3.     SIGNIFICANT  ACCOUNTING   JUDGMENTS,
       AKUNTANSI YANG SIGNIFIKAN                                           ESTIMATES AND ASSUMPTIONS

       Penyusunan laporan keuangan konsolidasian Grup                      The preparation of the Group’s consolidated
       mengharuskan manajemen untuk membuat                                financial statements requires management to make
       pertimbangan, estimasi dan asumsi yang                              judgments, estimates and assumptions that affect
       mempengaruhi jumlah yang dilaporkan dari                            the reported amounts of revenues, expenses,
       pendapatan, beban, aset dan liabilitas, dan                         assets and liabilities, and the disclosure of
       pengungkapan atas liabilitas kontinjensi, pada akhir                contingent liabilities, at the end of the reporting
       periode pelaporan.                                                  period.

       Ketidakpastian mengenai asumsi dan estimasi                         Uncertainty about these assumptions and
       tersebut dapat mengakibatkan penyesuaian                            estimates could result in outcomes that require a
       material terhadap nilai tercatat pada aset dan                      material adjustment to the carrying amount of the
       liabilitas dalam periode pelaporan berikutnya.                      asset and liability affected in future periods.

       Pertimbangan                                                        Judgments

       Pertimbangan berikut ini dibuat oleh manajemen                       The following judgments are made by management
       dalam rangka penerapan kebijakan akuntansi Grup                      in the process of applying the Group’s accounting
       yang memiliki pengaruh paling signifikan atas                        policies that have the most significant effects on
       jumlah yang diakui dalam laporan keuangan                            the amounts recognized in the consolidated
       konsolidasian:                                                       financial statements:




                                                               35
Page 39
                                                               The original interim consolidated financial statements included herein
                                                                                                      are in the Indonesian language.

      PT CAHAYA AERO SERVICES TBK                                    PT CAHAYA AERO SERVICES TBK
    (D/H PT CARDIG AERO SERVICES TBK)                         (PREVIOUSLY PT CARDIG AERO SERVICES TBK)
           DAN ENTITAS ANAKNYA                                             AND ITS SUBSIDIARIES
          CATATAN ATAS LAPORAN                                    NOTES TO THE INTERIM CONSOLIDATED
    KEUANGAN KONSOLIDASIAN INTERIM                                       FINANCIAL STATEMENTS
 Tanggal 30 September 2025 dan untuk Periode                  As of September 30, 2025 and for the Nine-months
  Sembilan Bulan yang Berakhir pada Tanggal                            Period Then Ended (Unaudited)
Tersebut (Tidak Diaudit) (Disajikan dalam Jutaan                      (Expressed in Millions of Rupiah,
       Rupiah, Kecuali Dinyatakan Lain)                                   Unless Otherwise Stated)



  Perpajakan                                                     Taxes

  Ketidakpastian atas interpretasi dari peraturan                 Uncertainties exist with respect to the
  pajak yang kompleks, perubahan peraturan pajak                  interpretation of complex tax regulations, changes
  dan jumlah dan timbulnya penghasilan kena pajak                 in tax laws, and the amount and timing of future
  di masa depan, dapat menyebabkan penyesuaian                    taxable income, could necessitate future
  di masa depan atas penghasilan dan beban pajak                  adjustments to tax income and expense already
  yang telah dicatat.                                             recorded.

  Pertimbangan juga dilakukan dalam menentukan                    Judgment is also involved in determining the
  penyisihan atas pajak penghasilan badan.                        provision for corporate income tax. There are
  Terdapat transaksi dan perhitungan tertentu yang                certain transactions and computation for which the
  penentuan pajak akhirnya adalah tidak pasti                     ultimate tax determination is uncertain during the
  sepanjang kegiatan usaha normal.                                ordinary course of business.

  Grup mengakui liabilitas atas pajak penghasilan                 The Group recognizes liabilities for expected
  badan berdasarkan estimasi apakah akan terdapat                 corporate income tax issues based on estimates of
  tambahan pajak penghasilan badan. Penjelasan                    whether additional corporate income tax will be
  lebih   rinci  mengenai     pajak   penghasilan                 due. Further details regarding taxation are
  diungkapkan dalam Catatan 9.                                    disclosed in Note 9.

  Restitusi dan Keberatan atas Hasil Pemeriksaan                  Claims for Tax Refund and Tax Assessments
  Pajak                                                           Under Appeal

  Berdasarkan peraturan perpajakan yang berlaku                   Based on the tax regulations currently enacted, the
  saat ini, manajemen mempertimbangkan apakah                     management judged if the amounts recorded
  jumlah yang tercatat dalam akun di atas dapat                   under the above account are recoverable and
  dipulihkan dan dikembalikan oleh Kantor Pajak.                  refundable by the Tax Office. Further explanations
  Penjelasan lebih lanjut atas akun ini diungkapkan               regarding this account are provided in Note 9.
  pada Catatan 9.

  Estimasi dan Asumsi                                             Estimates and Assumptions

  Asumsi utama masa depan dan sumber utama                        The key assumptions concerning the future and
  ketidakpastian estimasi lain pada tanggal pelaporan             other key sources of estimation uncertainty at the
  yang memiliki risiko signifikan yang mungkin                    reporting date that have a significant risk of
  mengakibatkan      penyesuaian      yang    material            causing a material adjustment to the carrying
  terhadap nilai tercatat aset dan liabilitas untuk               amounts of assets and liabilities within the next
  periode berikutnya diungkapkan di bawah ini. Grup               financial year are disclosed below. The Group
  mendasarkan estimasi dan asumsi pada parameter                  based its estimates and assumptions on
  yang tersedia pada saat laporan keuangan                        parameters available when the consolidated
  konsolidasian disusun.                                          financial statements were prepared.

  Asumsi dan situasi mengenai perkembangan masa                  Existing circumstances and assumptions about
  depan tersebut mungkin berubah akibat perubahan                future developments may change due to market
  pasar atau situasi yang timbul di luar kendali Grup.           changes or circumstances arising beyond the
  Perubahan tersebut dicerminkan dalam asumsi                    control of the Group. Such changes in the
  terkait pada saat terjadinya.                                  assumptions are reflected when they occur.




                                                         36
Page 40
                                                              The original interim consolidated financial statements included herein
                                                                                                     are in the Indonesian language.

      PT CAHAYA AERO SERVICES TBK                                   PT CAHAYA AERO SERVICES TBK
    (D/H PT CARDIG AERO SERVICES TBK)                        (PREVIOUSLY PT CARDIG AERO SERVICES TBK)
           DAN ENTITAS ANAKNYA                                            AND ITS SUBSIDIARIES
          CATATAN ATAS LAPORAN                                   NOTES TO THE INTERIM CONSOLIDATED
    KEUANGAN KONSOLIDASIAN INTERIM                                      FINANCIAL STATEMENTS
 Tanggal 30 September 2025 dan untuk Periode                 As of September 30, 2025 and for the Nine-months
  Sembilan Bulan yang Berakhir pada Tanggal                           Period Then Ended (Unaudited)
Tersebut (Tidak Diaudit) (Disajikan dalam Jutaan                     (Expressed in Millions of Rupiah,
       Rupiah, Kecuali Dinyatakan Lain)                                  Unless Otherwise Stated)



  Penyisihan atas penurunan nilai piutang                       Allowance for impairment of receivables

  Pengukuran kerugian penurunan nilai berdasarkan               The measurement of impairment losses under
  PSAK      109      untuk    piutang    memerlukan             PSAK 109 for receivables requires judgement, in
  pertimbangan, khususnya, estimasi jumlah dan                  particular, the estimation of the amount and timing
  waktu arus kas masa depan ketika menentukan                   of future cash flows when determining impairment
  kerugian penurunan nilai dan penilaian atas                   losses and the assessment of a significant increase
  peningkatan risiko kredit yang signifikan. Estimasi           in credit risk. These estimates are driven by
  ini didorong oleh sejumlah faktor yang dapat                  a number of factors which can result in different
  menghasilkan tingkat cadangan yang berbeda.                   levels of allowances. Elements of the ECL models
  Elemen model KKE yang dianggap pertimbangan                   that are considered accounting judgements and
  dan estimasi akuntansi mencakup pengembangan                  estimates include development of ECL models,
  model KKE, termasuk berbagai formula dan pilihan              including the various formulas and the choice of
  input, segmentasi pelanggan ketika KKE dinilai                inputs, segmentation of customers when the ECL is
  secara kolektif, penentuan asosiasi antara skenario           assessed on collective basis, determination of
  makroekonomi dan input ekonomi, pemilihan                     associations between macroeconomic scenarios
  skenario makroekonomi yang bersifat perkiraan                 and economic inputs, selection of forward-looking
  masa     depan     (forward-looking)   dan    bobot           macroeconomic scenarios and their probability
  kemungkinannya untuk menurunkan input ekonomi                 weightings to derive the economic inputs into the
  ke dalam model KKE.                                           ECL models.

  Program pensiun dan imbalan kerja                             Pension plan and employee benefits

  Pengukuran     liabilitas  imbalan     kerja  Grup            The measurement of the Group’ employee benefits
  bergantung pada pemilihan asumsi yang                         liability is dependent on its selection of certain
  digunakan oleh aktuaris independen dalam                      assumptions used by the independent actuaries in
  menghitung jumlah-jumlah tersebut. Asumsi                     calculating such amounts. Those assumptions
  tersebut termasuk antara lain, tingkat diskonto,              include among others, discount rates, future annual
  tingkat kenaikan gaji tahunan, tingkat pengunduran            salary increase, annual employee turn-over rate,
  diri karyawan tahunan, tingkat kecacatan, umur                disability rate, retirement age and mortality rate.
  pensiun dan tingkat kematian. Keuntungan atau                 Actuarial gains or losses arising from experience
  kerugian aktuarial yang timbul dari penyesuaian               adjustments and changes in actuarial assumptions
  dan perubahan dalam asumsi-asumsi aktuarial                   are recognized immediately in the consolidated
  diakui secara langsung pada laporan posisi                    statement of financial position with a corresponding
  keuangan konsolidasian dengan debit atau kredit               debit or credit to retained earnings through OCI the
  ke saldo laba melalui PKL dalam periode                       the period in which they occur.
  terjadinya.

  Sementara Grup berkeyakinan bahwa asumsi                      While the Group believes that its assumptions are
  tersebut adalah wajar dan sesuai, perbedaan                   reasonable and appropriate, significant differences
  signifikan pada hasil aktual atau perubahan                   in the Group’s actual experiences or significant
  signifikan dalam asumsi yang ditetapkan Grup                  changes in the Group’s assumptions may
  dapat mempengaruhi secara material liabilitas                 materially affect its estimated liabilities for pension
  diestimasi atas pensiun dan imbalan kerja dan                 and employee benefits and net employee benefits
  beban imbalan kerja neto. Penjelasan lebih rinci              expense. Further details on employee benefits are
  atas imbalan kerja diungkapkan dalam Catatan 17.              disclosed in Note 17.




                                                        37
Page 41
                                                                       The original interim consolidated financial statements included herein
                                                                                                              are in the Indonesian language.

           PT CAHAYA AERO SERVICES TBK                                   PT CAHAYA AERO SERVICES TBK
         (D/H PT CARDIG AERO SERVICES TBK)                        (PREVIOUSLY PT CARDIG AERO SERVICES TBK)
                DAN ENTITAS ANAKNYA                                            AND ITS SUBSIDIARIES
               CATATAN ATAS LAPORAN                                   NOTES TO THE INTERIM CONSOLIDATED
         KEUANGAN KONSOLIDASIAN INTERIM                                      FINANCIAL STATEMENTS
      Tanggal 30 September 2025 dan untuk Periode                 As of September 30, 2025 and for the Nine-months
       Sembilan Bulan yang Berakhir pada Tanggal                           Period Then Ended (Unaudited)
     Tersebut (Tidak Diaudit) (Disajikan dalam Jutaan                     (Expressed in Millions of Rupiah,
            Rupiah, Kecuali Dinyatakan Lain)                                  Unless Otherwise Stated)



4.     KAS DAN SETARA KAS                                         4.     CASH AND CASH EQUIVALENTS

                                            30 Sep 2025/           31 Des 2024/
                                            Sep 30, 2025           Dec 31, 2024
Kas                                                                                                                      Cash on Hand
  Rupiah                                                1,241                       1,871                                     Rupiah
  Dolar Amerika Serikat                                     --                         32                         United States Dollar
Sub-total                                               1,241                       1,903                                     Sub-total

Bank                                                                                                                 Cash in Banks
 Rupiah                                                                                                                    Rupiah
       PT Bank Mandiri (Persero) Tbk                48,404                        43,062      PT Bank Mandiri (Persero) Tbk
       PT Bank Negara Indonesia                                                                   PT Bank Negara Indonesia
           (Persero) Tbk                           239,926                        28,214                      (Persero) Tbk
      Standard Chartered Bank                       16,495                         9,493           Standard Chartered Bank
      PT Bank Tabungan Negara                                                                      PT Bank Tabungan Negara
           (Persero) Tbk                                7,849                      8,022                        (Persero) Tbk
      PT Bank Central Asia Tbk                          7,242                     17,827           PT Bank Central Asia Tbk
      Lain-lain                                         1,099                        804                               Others
 Dolar Amerika Serikat                                                                                        United States Dollar
      PT Bank Mandiri (Persero) Tbk                 30,161                        25,685       PT Bank Mandiri (Persero) Tbk
     Standard Chartered Bank                         7,477                         1,451            Standard Chartered Bank
     PT Bank Central Asia Tbk                        5,368                         1,096            PT Bank Central Asia Tbk
      PT Bank Negara Indonesia                                                                     PT Bank Negara Indonesia
          (Persero) Tbk                                 3,659                       6,864                       (Persero) Tbk
     PT Bank Mega Tbk                                     159                         155                 PT Bank Mega Tbk
     PT Bank UOB Indonesia                                 16                          16             PT Bank UOB Indonesia
 Dolar Singapura                                                                                                  Singapore Dollar
     PT Bank Mandiri (Persero) Tbk                   1,096                         4,482       PT Bank Mandiri (Persero) Tbk
Sub-total                                          368,951                       147,171                                   Sub-total

Deposito berjangka                                                                                                  Time deposits
 Rupiah                                                                                                                   Rupiah
    PT Bank Negara Indonesia                                                                       PT Bank Negara Indonesia
      (Persero) Tbk                                604,309                       646,898                       (Persero) Tbk
    PT Bank Tabungan Negara                                                                        PT Bank Tabungan Negara
      (Persero) Tbk                                435,400                       335,050                       (Persero) Tbk
    PT Bank Mandiri (Persero) Tbk                  128,000                       265,000       PT Bank Mandiri (Persero) Tbk
    PT Bank Mega Tbk                                     --                       20,000                  PT Bank Mega Tbk
    PT Bank Central Asia Tbk                             --                        1,000            PT Bank Central Asia Tbk
 Dolar Amerika Serikat                                                                                       United States Dollar
    PT Bank Negara Indonesia                                                                       PT Bank Negara Indonesia
      (Persero) Tbk                                187,105                        63,032                       (Persero) Tbk
    PT Bank Mandiri (Persero) Tbk                   16,680                             --      PT Bank Mandiri (Persero) Tbk
  Sub-total                                      1,371,494                     1,330,980                                Sub-total
Total                                            1,741,686                     1,480,054                                      Total

Tingkat bunga deposito berjangka                                                                          Interest rate time deposits
  Rupiah                                    3.50% - 6.50%                3.00% - 6.50%                                        Rupiah
  Dolar Amerika Serikat                     3.50% - 5.00%                         5.50%                         United States Dollar

        Rekening di bank memiliki tingkat bunga                          Accounts in banks earn interest at floating rates
        mengambang sesuai dengan tingkat penawaran                       based on the offered rate from each bank. All
        pada masing-masing bank. Semua rekening bank                     cash in banks and time deposits are placed in
        dan deposito berjangka ditempatkan pada bank                     third-party banks.
        pihak ketiga.
                                                             38
Page 42
                                                                          The original interim consolidated financial statements included herein
                                                                                                                 are in the Indonesian language.

           PT CAHAYA AERO SERVICES TBK                                      PT CAHAYA AERO SERVICES TBK
         (D/H PT CARDIG AERO SERVICES TBK)                           (PREVIOUSLY PT CARDIG AERO SERVICES TBK)
                DAN ENTITAS ANAKNYA                                               AND ITS SUBSIDIARIES
               CATATAN ATAS LAPORAN                                      NOTES TO THE INTERIM CONSOLIDATED
         KEUANGAN KONSOLIDASIAN INTERIM                                         FINANCIAL STATEMENTS
      Tanggal 30 September 2025 dan untuk Periode                    As of September 30, 2025 and for the Nine-months
       Sembilan Bulan yang Berakhir pada Tanggal                              Period Then Ended (Unaudited)
     Tersebut (Tidak Diaudit) (Disajikan dalam Jutaan                        (Expressed in Millions of Rupiah,
            Rupiah, Kecuali Dinyatakan Lain)                                     Unless Otherwise Stated)




5.     PIUTANG USAHA                                                 5.     ACCOUNTS RECEIVABLE

       a.   Berdasarkan pelanggan                                           a.    By customer

                                                  30 Sep 2025/            31 Des 2024/
                                                  Sep 30, 2025            Dec 31, 2024
       Pihak ketiga                                     441,280                   399,767                                      Third parties
       Sub-total                                        441,280                   399,767                                         Sub-total
       Penyisihan atas penurunan nilai                  (23,757)                  (27,578)                         Allowance for impairment
       Neto                                             417,523                   372,189                                                    Net


       b.   Berdasarkan mata uang                                           b.    By currencies

                                                  30 Sep 2025/            31 Des 2024/
                                                  Sep 30, 2025            Dec 31, 2024
       Rupiah                                           233,969                  268,038                                            Rupiah
       Dolar Amerika Serikat                            201,620                  131,729                                United States Dollar
       Dolar Singapura                                     5,691                       --                                  Singapore Dollar
       Sub-total                                        441,280                  399,767                                          Sub-total
       Penyisihan atas penurunan nilai                  (23,757)                 (27,578)                          Allowance for impairment
       Neto                                             417,523                   372,189                                                    Net


       c.   Berdasarkan umur                                                c.    By aging

                                                  30 Sep 2025/            31 Des 2024/
                                                  Sep 30, 2025            Dec 31, 2024
       Lancar tidak mengalami
        penurunan nilai                                 313,072                   286,206                      Neither past due not impaired
       Telah jatuh tempo dan
        tidak mengalami penurunan nilai                                                                            Past due and not impaired
        1 - 30 hari                                         37,740                  29,856                                      1 - 30 days
        31 - 60 hari                                        10,798                  18,594                                     31 - 60 days
        Lebih dari 60 hari                                  32,156                   9,955                               More than 60 days
       Telah jatuh tempo dan
         mengalami penurunan nilai                                                                                     Past due and impaired
        1 - 30 hari                                          8,413                   2,296                                       1 - 30 days
        31 - 60 hari                                         2,345                   3,482                                     31 - 60 days
        Lebih dari 60 hari                                  12,999                  21,800                               More than 60 days
       Neto                                             417,523                   372,189                                                     Net



       Jangka waktu rata-rata penerimaan kas atas jasa                      The average collection period on services rendered
       yang diberikan adalah 30 hingga 60 hari. Tidak ada                   is 30 to 60 days. No interest charged to trade
       bunga yang dikenakan terhadap piutang usaha.                         receivables.




                                                             39
Page 43
                                                                           The original interim consolidated financial statements included herein
                                                                                                                  are in the Indonesian language.

           PT CAHAYA AERO SERVICES TBK                                        PT CAHAYA AERO SERVICES TBK
         (D/H PT CARDIG AERO SERVICES TBK)                             (PREVIOUSLY PT CARDIG AERO SERVICES TBK)
                DAN ENTITAS ANAKNYA                                                 AND ITS SUBSIDIARIES
               CATATAN ATAS LAPORAN                                        NOTES TO THE INTERIM CONSOLIDATED
         KEUANGAN KONSOLIDASIAN INTERIM                                           FINANCIAL STATEMENTS
      Tanggal 30 September 2025 dan untuk Periode                      As of September 30, 2025 and for the Nine-months
       Sembilan Bulan yang Berakhir pada Tanggal                                Period Then Ended (Unaudited)
     Tersebut (Tidak Diaudit) (Disajikan dalam Jutaan                          (Expressed in Millions of Rupiah,
            Rupiah, Kecuali Dinyatakan Lain)                                       Unless Otherwise Stated)



       Perubahan saldo penyisihan penurunan nilai atas                        The movements in the balance of allowance for
       piutang usaha adalah sebagai berikut:                                  impairment on accounts receivables are as follows:
                                                 30 Sep 2025/          31 Des 2024/
                                                 Sep 30, 2025          Dec 31, 2024
       Saldo awal                                           27,578                 34,220                               Beginning balance
       Pemulihan penyisihan periode berjalan                (2,602)                (1,748)             Reversal of provison for the period
       Penghapusan                                          (1,219)                (4,894)                                         Write-off
       Saldo akhir                                          23,757                 27,578                                    Ending balance

       Sebelum menerima setiap pelanggan baru, Grup                          Before accepting any new customer, the Group
       menggunakan sistem penilaian kredit internal untuk                    uses an internal credit scoring system to assess
       menilai potensi kualitas kredit pelanggan dan                         the potential customer’s credit quality and
       menentukan batas kredit pelanggan. Batasan dan                        determines credit limits by customer. Limits and
       penilaian yang diatribusikan kepada pelanggan                         assessment attributed to customers are reviewed
       ditinjau setiap tahun.                                                yearly.

       Berdasarkan hasil penelaahan terhadap adanya                          Based on the result of review for impairment at the
       penurunan nilai pada akhir tahun, manajemen                           end of the year, the management believes that the
       berkeyakinan bahwa penyisihan atas penurunan                          allowance for impairment on accounts receivables
       nilai piutang usaha di atas cukup untuk menutup                       is sufficient to cover the losses from impairment of
       kerugian atas penurunan nilai piutang tersebut.                       such receivables.

       Manajemen juga berpendapat bahwa tidak terdapat                Management also believes there are no significant concentration of risk
                                                                      on accounts receivable.
       risiko yang terkonsentrasi secara signifikan atas
       piutang usaha.



6.     PIUTANG LAIN-LAIN                                              6.     OTHER RECEIVABLES

                                                30 Sep 2025/          31 Des 2024/
                                                Sep 30, 2025          Dec 31, 2024
       Pihak berelasi (Catatan 26)                             34                     242                    Related parties (Note 26)
       Pihak ketiga                                                                                                       Third parties
         PT Dinamika Raya Swarna ("DRS")               197,213                   197,213          PT Dinamika Raya Swarna ("DRS")
         DRS Capital Pte. Ltd. (“DRSC”)                188,171                   188,171             DRS Capital Pte. Ltd. (“DRSC”)
         PT Cardig Asset Management ("CAM")                  --                  129,697       PT Cardig Asset Management ("CAM")
         Lain-lain                                       3,231                     3,298                                      Others
       Penyisihan penurunan nilai                    (385,384)                 (515,081)                     Allowance for impairment
       Total                                                3,265                   3,540                                                  Total


       Sehubungan dengan transaksi pengalihan saham                          In relation to the share transfer transactions owned
       Perusahaan yang dimiliki oleh CAM dan                                 by CAM and DRS to PT Roket Cipta Sentosa
       DRS kepada PT Roket Cipta Sentosa (“RCS”) pada                        (“RCS”) dated on April 25, 2024, other receivables
       tanggal 25 April 2024, piutang lain-lain terkait                      related to interest and penalty receivables on
       dengan piutang bunga dan piutang denda atas                           outstanding loan to CAM, DRS, and DRSC was
       saldo pinjaman yang terutang dari CAM, DRS, dan                       reclassified as other receivable from third parties.
       DRSC telah diklasifikasikan menjadi piutang lain-
       lain pihak ketiga.




                                                              40
Page 44
                                                             The original interim consolidated financial statements included herein
                                                                                                    are in the Indonesian language.

      PT CAHAYA AERO SERVICES TBK                                  PT CAHAYA AERO SERVICES TBK
    (D/H PT CARDIG AERO SERVICES TBK)                       (PREVIOUSLY PT CARDIG AERO SERVICES TBK)
           DAN ENTITAS ANAKNYA                                           AND ITS SUBSIDIARIES
          CATATAN ATAS LAPORAN                                  NOTES TO THE INTERIM CONSOLIDATED
    KEUANGAN KONSOLIDASIAN INTERIM                                     FINANCIAL STATEMENTS
 Tanggal 30 September 2025 dan untuk Periode                As of September 30, 2025 and for the Nine-months
  Sembilan Bulan yang Berakhir pada Tanggal                          Period Then Ended (Unaudited)
Tersebut (Tidak Diaudit) (Disajikan dalam Jutaan                    (Expressed in Millions of Rupiah,
       Rupiah, Kecuali Dinyatakan Lain)                                 Unless Otherwise Stated)




  Pada tanggal 27 Desember 2024, Perusahaan dan                On December 27, 2024, the Company and CAM
  CAM sepakat untuk menandatangani Amandemen                   agreed to sign an Amendment to the Loan
  Perjanjian Restrukturisasi Utang ("Amandemen                 Restructuring       Agreement     ("Amendment
  Perjanjian"), dengan menghapus 20% kewajiban                 Agreement"), writing off 20% of CAM's interest
  bunga pinjaman CAM, yang berjumlah Rp27.299                  loan    obligation,   totaling Rp27,299    and
  dan US$317.143. CAM akan membayar sisa bunga                 US$317,143. CAM will repay the remaining
  pinjaman dengan enam kali angsuran bulanan                   interest loan with six monthly installments of
  sebesar Rp18.199 dan US$211.429, yang jatuh                  Rp18,199 and US$211,429, due on the 14th of
  tempo setiap tanggal 14 pada setiap bulan. Pada              each month. On December 30, 2024, the
  tanggal 30 Desember 2024, Perusahaan telah                   Company has submitted a Disclosure of
  menyampaikan         Keterbukaan       Informasi             Information No.175/XII/2024/CORS.
  No.175/XII/2024/CORS.
  `
  Pada tanggal 21 Juli 2025, Perusahaan telah                  On July 21,2025, the Company entered into a
  menandatangani perjanjian pengalihan piutang                 receivables transfer agreement concerning the
  Perusahaan pada CAM sebesar Rp109.194 dan                    Company’ receivables from CAM in the amount of
  USD1.268.572 kepada Trincap dengan harga                     IDR109,194 and USD1,268,572 to Trincap for a
  pembelian sebesar Rp1.000. Piutang lain-lain                 sale price of IDR1,000. This other receivable has
  tersebut telah dicadangkan penyisihannya secara              been fully provisioned in the consolidated financial
  penuh dalam laporan keuangan konsolidasi.                    statements.

  Transaksi di atas bukan merupakan transaksi                  The above transactions are not constitute affiliated
  afiliasi sebagaimana dimaksud dalam Peraturan                transactions      as     referred      to    POJK
  OJK 42/POJK.04/2020 tentang Transaksi Afiliasi               42/POJK.04/2020 concerning Affiliate Transactions
  dan Transaksi Benturan Kepentingan, dan                      and Conflict of Interest Transactions, and this
  transaksi ini juga bukan merupakan transaksi                 transaction is also not considered as material
  material sebagaimana dimaksud dalam Peraturan                transaction as referred to POJK 17/POJK.04/2020
  OJK 17/POJK.04/2020 tentang Transaksi Material               concerning Material Transactions and Changes in
  dan Perubahan Kegiatan Usaha. Pada tanggal 22                Business Activities. On July 22, 2025, the
  Juli 2025 Perusahaan juga telah menyampaikan                 Company had also diclosed this information to
  kepada publik melalui Keterbukaan Informasi.                 public through Information Disclosure.

  Pada tanggal 30 September 2025, Grup mencatat                As of September 30, 2025, the Group recorded
  piutang lain-lain terhadap DRS sebesar Rp197.213             other receivables from DRS of Rp197,213 and
  dan DRSC sebesar Rp188.171.                                  from DRSC of Rp188,171.

  Pada tanggal 30 September 2025, manajemen                    As of September 30, 2025, the management of the
  Grup telah melakukan evaluasi atas piutang lain-             Group made assessment on DRS and DRSC other
  lain DRS dan DRSC berdasarkan bukti obyektif                 receivable based on objective evidence that other
  bahwa piutang lain-lain tersebut di atas mengalami           receivable is impaired. Based on the objective
  penurunan nilai. Berdasarkan bukti obyektif yang             evidence obtained such as past due breach in the
  dikumpulkan seperti tidak terpenuhinya batas waktu           letter of undertaking and uncertainty in the
  yang tercantum dalam surat kesanggupan serta                 collection, the Group recorded impairment loss on
  ketidakpastian kolektabilitas, Grup mencatat                 the other receivables amounting to the carrying
  penurunan nilai dari piutang lain lain sebesar               value as of September 30, 2025, based on the
  tercatat pada tanggal 30 September 2025,                     objective evidence. The impairment loss has not
  berdasarkan bukti obyektif tersebut. Penurunan               eliminated the Group claim rights to DRSC and
  nilai ini tidak menghilangkan hak tagih Grup                 DRS.
  terhadap DRSC dan DRS.




                                                       41
Page 45
                                                                           The original interim consolidated financial statements included herein
                                                                                                                  are in the Indonesian language.

           PT CAHAYA AERO SERVICES TBK                                       PT CAHAYA AERO SERVICES TBK
         (D/H PT CARDIG AERO SERVICES TBK)                            (PREVIOUSLY PT CARDIG AERO SERVICES TBK)
                DAN ENTITAS ANAKNYA                                                AND ITS SUBSIDIARIES
               CATATAN ATAS LAPORAN                                       NOTES TO THE INTERIM CONSOLIDATED
         KEUANGAN KONSOLIDASIAN INTERIM                                          FINANCIAL STATEMENTS
      Tanggal 30 September 2025 dan untuk Periode                     As of September 30, 2025 and for the Nine-months
       Sembilan Bulan yang Berakhir pada Tanggal                               Period Then Ended (Unaudited)
     Tersebut (Tidak Diaudit) (Disajikan dalam Jutaan                         (Expressed in Millions of Rupiah,
            Rupiah, Kecuali Dinyatakan Lain)                                      Unless Otherwise Stated)



       Pada tanggal 30 September 2025, manajemen                             As of September 30, 2025, the management of the
       Grup telah melakukan evaluasi adanya bukti                            Group made assessment whether there is objective
       obyektif bahwa piutang lain-lain tersebut di atas                     evidence that other receivable is impaired. Based
       mengalami penurunan nilai. Berdasarkan bukti                          on the objective evidence obtained such as past
       obyektif     yang   dikumpulkan     seperti   tidak                   due breach in the letter of undertaking and
       terpenuhinya batas waktu yang tercantum dalam                         uncertainty in the collection, the Group recorded
       surat     kesanggupan       serta    ketidakpastian                   impairment loss on the           other receivables
       kolektabilitas, Grup mencatat penurunan nilai dari                    amounting to the carrying value as of September
       piutang lain lain sebesar tercatat pada tanggal 30                    30, 2025, based on the objective evidence. The
       September 2025, berdasarkan bukti obyektif                            impairment      loss     has      not   eliminated
       tersebut. Penurunan nilai ini tidak menghilangkan                     the Group claim rights to DRSC and DRS.
       hak tagih Grup terhadap DRSC dan DRS.

       Berdasarkan evaluasi dari manajemen pada                               Based on management evaluation on September
       tanggal 30 September 2025 dan 31 Desember                              30, 2025 and December 31, 2024, management
       2024, manajemen berkeyakinan bahwa penurunan                           believes that impairment of other receivables is
       nilai piutang lain-lain cukup untuk menutup                            sufficient to cover possible losses of such
       kemungkinan kerugian atas nilai piutang terkait.                       receivables.


7.     PERSEDIAAN                                                     7.      INVENTORIES

       Persediaan dinyatakan pada nilai biaya perolehan                      Inventories recorded at its acquisition cost with
       dengan rincian sebagai berikut:                                       details as follows:


                                                  30 Sep 2025/         31 Des 2024/
                                                  Sep 30, 2025         Dec 31, 2024
       Suku cadang                                           25,289                 17,157                                       Spareparts
       Makanan dan minuman                                    7,195                  6,608                               Food and beverages
       Lainnya                                                1,809                  1,130                                           Others
       Total                                                 34,293                 24,895                                                 Total


       Termasuk dalam saldo persediaan suku cadang di                        Included in the above spareparts inventory
       atas adalah penyisihan atas keusangan persediaan                      balances is the allowance for obsolescence of
       sebesar Rp2.924 dan Rp3.006 Pada tanggal 30                           inventories amounting to Rp2,924 and Rp3,006 As
       September 2025 dan 31 Desember 2024.                                  of September 30, 2025 and December 31, 2024.

       Grup mengasuransikan sebagian persediaan                              The Group had insured certain of its inventories As
       tertentu Pada tanggal 30 September 2025 dan 31                        of September 30, 2025 and December 31, 2024
       Desember 2024 yang tercakup dalam polis                               which covered by property insurance all risk policy.
       asuransi properti semua risiko.

       Berdasarkan hasil penelaahan terhadap harga                            Based on a review of the market prices and
       pasar dan kondisi fisik dari persediaan pada                           physical conditions of the inventories at the
       tanggal pelaporan, manajemen berkeyakinan                              reporting dates, management believes that the
       bahwa penyisihan tersebut di atas cukup untuk                          above allowance is adequate to cover any possible
       menutup kemungkinan kerugian dari keusangan                            losses from obsolescence and decline in market
       dan penurunan nilai pasar persediaan.                                  values of inventories.




                                                               42
Page 46
                                                                           The original interim consolidated financial statements included herein
                                                                                                                  are in the Indonesian language.

       PT CAHAYA AERO SERVICES TBK                                            PT CAHAYA AERO SERVICES TBK
     (D/H PT CARDIG AERO SERVICES TBK)                                 (PREVIOUSLY PT CARDIG AERO SERVICES TBK)
            DAN ENTITAS ANAKNYA                                                     AND ITS SUBSIDIARIES
           CATATAN ATAS LAPORAN                                            NOTES TO THE INTERIM CONSOLIDATED
     KEUANGAN KONSOLIDASIAN INTERIM                                               FINANCIAL STATEMENTS
  Tanggal 30 September 2025 dan untuk Periode                          As of September 30, 2025 and for the Nine-months
   Sembilan Bulan yang Berakhir pada Tanggal                                    Period Then Ended (Unaudited)
 Tersebut (Tidak Diaudit) (Disajikan dalam Jutaan                              (Expressed in Millions of Rupiah,
        Rupiah, Kecuali Dinyatakan Lain)                                           Unless Otherwise Stated)




8. ASET YANG DIMILIKI UNTUK DIJUAL DAN                                8.     ASSETS HELD FOR SALE AND DISCONTINUED
   OPERASI YANG DIHENTIKAN                                                   OPERATIONS

   Aset terkait dengan CASB dan CASD disajikan                               The assets related to CASB and CASD have been
   sebagai dimiliki untuk dijual setelah adanya                              presented as held for sale following the approval of
   persetujuan manajemen Grup dan pemegang                                   the Group’s management and shareholders to
   saham untuk melikuidasi CASB dan CASD.                                    liquidate CASB and CASD.

   Aset yang akan dilepas diklasifikasikan sebagai                           Assets and liabilities to be disposed is classified as
   aset yang dimiliki untuk dijual dan liabilitas terkait                    assets held for sale and liabilities associated with
   dicatat pada nilai buku dengan perincian sebagai                          assets held for sale are stated at carrying value
   berikut:                                                                  with details as follows:

                                         30 Sep 2025/                31 Des 2024/
   Aset                                  Sep 30, 2025                Dec 31, 2024                                                       Assets

   Persediaan                                            61                             61                                         Inventories
   Total                                                 61                            61                                                Total


                                        30 Sep 2025/                31 Des 2024/
  Liabilitas                            Sep 30, 2025                Dec 31, 2024                                                    Liabilities

  Beban akrual dan provisi                         1,065                           1,220                Accrued expenses and provisions

  Total                                            1,065                           1,220                                                 Total


   Analisis hasil operasi yang dihentikan adalah                             Analysis of the result of discontinued operations
   sebagai berikut:                                                          is as follows:
                                        30 Sep 2025/                30 Sep 2024/
                                        Sep 30, 2025                Sep 30, 2024
                                     (9 Bulan/ Months )        (9 Bulan/ Months )
  Pendapatan lain-lain                                 436                        1,513                          Other operanting income

  Laba sebelum pajak dari                                                                                                Profit before tax of
   operasi yang dihentikan                             436                        1,513                            discontinued operations

  Laba periode berjalan dari                                                                                     Profit for the period from
   operasi yang dihentikan                             436                        1,513                         discontinued operations


   Tabel berikut memberikan informasi yang terkait                           The following table gives cash flow information
   dengan arus kas atas operasi yang dihentikan.                             relating to discontinued operations.

                                          30 Sep 2025/               30 Sep 2024/
                                         Sep 30, 2025                Sep 30, 2024
                                       (9 Bulan/ Months )       (9 Bulan/ Months )
   Arus kas operasi                                     286                        (4,448)                               Operating cash flows
   Arus kas investasi                                     --                            --                                Investing cash flows
   Arus kas pendanaan                                     --                            --                               Financing cash flows

   Jumlah arus kas                                      286                        (4,448)                                    Total cash flows



                                                               43
Page 47
                                                                       The original interim consolidated financial statements included herein
                                                                                                              are in the Indonesian language.

           PT CAHAYA AERO SERVICES TBK                                   PT CAHAYA AERO SERVICES TBK
         (D/H PT CARDIG AERO SERVICES TBK)                        (PREVIOUSLY PT CARDIG AERO SERVICES TBK)
                DAN ENTITAS ANAKNYA                                            AND ITS SUBSIDIARIES
               CATATAN ATAS LAPORAN                                   NOTES TO THE INTERIM CONSOLIDATED
         KEUANGAN KONSOLIDASIAN INTERIM                                      FINANCIAL STATEMENTS
      Tanggal 30 September 2025 dan untuk Periode                 As of September 30, 2025 and for the Nine-months
       Sembilan Bulan yang Berakhir pada Tanggal                           Period Then Ended (Unaudited)
     Tersebut (Tidak Diaudit) (Disajikan dalam Jutaan                     (Expressed in Millions of Rupiah,
            Rupiah, Kecuali Dinyatakan Lain)                                  Unless Otherwise Stated)




9.     PAJAK                                                      9.     TAXATION
       a.   Tagihan pajak penghasilan                                    a.    Claims for tax refund
                                              30 Sep 2025/             31 Des 2024/
                                              Sep 30, 2025             Dec 31, 2024
       Entitas Anak                                                                                                         Subsidiaries
         2024                                            2,251                     2,251                                         2024
         2023                                                --                    2,404                                         2023
       Total                                             2,251                     4,655                                              Total


      b. Pajak dibayar di muka                                          b. Prepaid taxes

                                              30 Sep 2025/             31 Des 2024/
                                              Sep 30, 2025             Dec 31, 2024
       Perusahaan                                                                                                        The Company
        Pajak penghasilan:                                                                                                 Income tax:
         Pasal 23                                         705                          --                                   Article 23
        Pajak pertambahan nilai                           337                      6,247                               Value added tax

       Entitas Anak                                                                                                         Subsidiaries
        Pajak penghasilan:                                                                                                  Income tax:
         Pasal 23                                            --                    3,039                                     Article 23
       Total                                             1,042                     9,286                                              Total

      c. Utang pajak                                                     c. Taxes payable

                                              30 Sep 2025/             31 Des 2024/
                                              Sep 30, 2025             Dec 31, 2024
       Perusahaan                                                                                                         The Company
        Pajak penghasilan:                                                                                                  Income tax:
         Pasal 4 (2)                                        1                          1                                   Article 4 (2)
         Pasal 21                                         375                        180                                     Article 21
         Pasal 23                                           3                          5                                     Article 23
       Sub-total                                          379                        186                                          Sub-total
       Entitas Anak                                                                                                     Subsidiaries
        Pajak penghasilan:                                                                                              Income tax:
         Pasal 4 (2)                                       525                      402                                Article 4 (2)
         Pasal 21                                        1,709                      655                                  Article 21
         Pasal 23                                        9,420                    6,718                                  Article 23
         Pasal 25                                       13,531                    4,110                                  Article 25
         Pasal 26                                          133                      587                                  Article 26
         Pasal 29                                       28,374                   68,984                                  Article 29
        Pajak pembangunan (PB1)                         23,962                   26,031                       Development tax (PB1)
        Pajak pertambahan nilai                          8,694                    7,007                             Value added tax
       Sub-total                                        86,348                 114,494                                            Sub-total
       Total                                            86,727                 114,680                                              Total


                                                          44
Page 48
                                                                             The original interim consolidated financial statements included herein
                                                                                                                    are in the Indonesian language.

      PT CAHAYA AERO SERVICES TBK                                                  PT CAHAYA AERO SERVICES TBK
    (D/H PT CARDIG AERO SERVICES TBK)                                       (PREVIOUSLY PT CARDIG AERO SERVICES TBK)
           DAN ENTITAS ANAKNYA                                                           AND ITS SUBSIDIARIES
          CATATAN ATAS LAPORAN                                                  NOTES TO THE INTERIM CONSOLIDATED
    KEUANGAN KONSOLIDASIAN INTERIM                                                     FINANCIAL STATEMENTS
 Tanggal 30 September 2025 dan untuk Periode                                As of September 30, 2025 and for the Nine-months
  Sembilan Bulan yang Berakhir pada Tanggal                                          Period Then Ended (Unaudited)
Tersebut (Tidak Diaudit) (Disajikan dalam Jutaan                                    (Expressed in Millions of Rupiah,
       Rupiah, Kecuali Dinyatakan Lain)                                                 Unless Otherwise Stated)




 d. Beban pajak penghasilan                                                    d. Income tax expenses

                                                   30 Sep 2025/           30 Sep 2024/
                                                   Sep 30, 2025           Sep 30, 2024
                                                (9 Bulan/ Months )     (9 Bulan/ Months )
  Dibebankan ke laba rugi                                                                                               Charged to profit loss
  Pajak kini:                                                                                                                      Current tax:
   Entitas Anak                                                                                                                   Subsidiaries
    PT Jasa Angkasa Semesta Tbk                          (115,147)             (110,975)                       PT Jasa Angkasa Semesta Tbk
    PT JAS-Aero Engineering Services                      (18,565)              (15,945)                    PT JAS-Aero Engineering Services
    PT Purantara Mitra Angkasa Dua                        (15,565)              (12,990)                      PT Purantara Mitra Angkasa Dua
    PT Cahaya Anugrah Sarana Catering                                                                    PT Cahaya Anugrah Sarana Catering
     (d/h PT Cardig Anugrah Sarana Catering)               (2,224)                    --    (previously PT Cardig Anugrah Sarana Catering)
   Subtotal                                              (151,501)             (139,910)                                            Subtotal

  Pajak tangguhan:                                                                                                                   Deferred tax:
    Perusahaan                                                 331                   159
   Entitas Anak                                                                                                                    Subsidiaries
    PT Jasa Angkasa Semesta Tbk                             (9,692)                2,858                       PT Jasa Angkasa Semesta Tbk
    PT JAS-Aero Engineering Services                            508                  (90)                  PT JAS-Aero Engineering Services
    PT Jakarta Aviation Training Center                           --                 695                   PT Jakarta Aviation Training Center
    PT Cahaya Anugrah Sarana Catering                                                                    PT Cahaya Anugrah Sarana Catering
      (d/h PT Cardig Anugrah Sarana Catering)                     --               (570)    (previously PT Cardig Anugrah Sarana Catering)
    PT Purantara Mitra Angkasa Dua                             684                 (507)                      PT Purantara Mitra Angkasa Dua
   Subtotal                                                 (8,169)                2,545                                               Subtotal
  Beban pajak penghasilan yang                                                                                             Income tax expense
   dibebankan ke laba rugi                               (159,670)             (137,365)                                 charge to profit or loss

  Dibebankan ke penghasilan
  komprehensif lain                                                                                    Charged to other comprehesive income
  Pajak tangguhan:                                                                                                              Deferred tax:
    Perusahaan
     Entitas Anak                                              (26)                (108)                                     The Company
   Entitas Anak                                                                                                                 Subsidiaries
    PT Jasa Angkasa Semesta Tbk                             (1,649)                (970)                      PT Jasa Angkasa Semesta Tbk
    Laba (rugi) atas pengukuran kembali                                                                            Re-measurement gain (loss)
   dibebankan
        liabilitas imbalan
                    ke labakerja
                            rugi                            (1,675)              (1,078)                            employee benefit liability




                                                                     45
Page 49
                                                                        The original interim consolidated financial statements included herein
                                                                                                               are in the Indonesian language.

       PT CAHAYA AERO SERVICES TBK                                            PT CAHAYA AERO SERVICES TBK
     (D/H PT CARDIG AERO SERVICES TBK)                                 (PREVIOUSLY PT CARDIG AERO SERVICES TBK)
            DAN ENTITAS ANAKNYA                                                     AND ITS SUBSIDIARIES
           CATATAN ATAS LAPORAN                                            NOTES TO THE INTERIM CONSOLIDATED
     KEUANGAN KONSOLIDASIAN INTERIM                                               FINANCIAL STATEMENTS
  Tanggal 30 September 2025 dan untuk Periode                          As of September 30, 2025 and for the Nine-months
   Sembilan Bulan yang Berakhir pada Tanggal                                    Period Then Ended (Unaudited)
 Tersebut (Tidak Diaudit) (Disajikan dalam Jutaan                              (Expressed in Millions of Rupiah,
        Rupiah, Kecuali Dinyatakan Lain)                                           Unless Otherwise Stated)




         Pajak kini                                                           Current tax

         Rekonsiliasi antara laba sebelum pajak                               A reconciliation between profit before income tax
         penghasilan menurut laporan laba rugi dan                            as shown in the consolidated statements of profit
         penghasilan komprehensif lain konsolidasian                          or loss and other comprehensive income and
         dengan laba kena pajak adalah sebagai berikut:                       taxable income are as follows:



                                              30 Sep 2025/        30 Sep 2024/
                                              Sep 30, 2025        Sep 30, 2024
                                           (9 Bulan/ Months )   9 Bulan/ Months )
Laba sebelum pajak menurut                                                                                Profit before tax per consolidated
 laporan laba rugi dan penghasilan                                                                           statements of profit loss and
  komprehensif lain konsolidasian                     792,187            639,759                            other comprehensive income
Penyesuaian dan eliminasi                                                                                      Adjusment and elimination of
  laba sebelum pajak Entitas Anak                   (659,297)           (597,309)                   profit before income tax - Subsidiaries
Laba sebelum pajak                                                                                                  Profit before income tax
 penghasilan - Perusahaan                             132,890             42,450                                            - the Company
Beda temporer:                                                                                                      Temporary differences:
 Imbalan pasca kerja                                      938                 945                             Post-employment benefits
 Tunjangan lain - lain                                    566                   --                                      Other allowances
 Total                                                  1,504                 945                                                      Total
Beda tetap:                                                                                                          Permanent differences :
 Beban pajak                                            5,524               4,023                                             Tax expenses
 Sumbangan dan jamuan                                      87                 120                              Donation and entertainment
 Denda pajak                                              150               (203)                                                Tax penalty
 Pendapatan dividen                                 (245,823)           (113,556)                                          Dividend income
 Kerugian atas pengalihan piutang                   (129,807)                   --                           loss on transfer of receivables
 Penghasilan bunga dikenakan                                                                         Interest income already subjected to
   pajak final                                       (25,073)             (8,605)                                                  final tax
 Penyisihan piutang ragu ragu                              --            175,231                            Allowance for doubtful account
 Pendapatan atas pemulihan penyisihan                                                                              Income from recovery of
  piutang ragu ragu                                        --           (105,864)                        allowance for doubtful accounts
 Lainnya                                                 (23)                  --                                                     Others
 Total                                              (394,965)            (48,854)                                                        Total
Penghasilan kena pajak (rugi fiskal)
 periode berjalan                                   (260,571)             (5,459)          Taxable income (fiscal loss) for the periods

Akumulasi rugi fiskal pada awal                                                                                Tax losses carry-forward
 tahun                                               (39,272)                  --                                 at beginning of year
Akumulasi rugi fiskal pada akhir periode            (299,843)             (5,459)            Tax losses carry-forward at end of Period




                                                                46
Page 50
                                                            The original interim consolidated financial statements included herein
                                                                                                   are in the Indonesian language.

      PT CAHAYA AERO SERVICES TBK                                 PT CAHAYA AERO SERVICES TBK
    (D/H PT CARDIG AERO SERVICES TBK)                      (PREVIOUSLY PT CARDIG AERO SERVICES TBK)
           DAN ENTITAS ANAKNYA                                          AND ITS SUBSIDIARIES
          CATATAN ATAS LAPORAN                                 NOTES TO THE INTERIM CONSOLIDATED
    KEUANGAN KONSOLIDASIAN INTERIM                                    FINANCIAL STATEMENTS
 Tanggal 30 September 2025 dan untuk Periode               As of September 30, 2025 and for the Nine-months
  Sembilan Bulan yang Berakhir pada Tanggal                         Period Then Ended (Unaudited)
Tersebut (Tidak Diaudit) (Disajikan dalam Jutaan                   (Expressed in Millions of Rupiah,
       Rupiah, Kecuali Dinyatakan Lain)                                Unless Otherwise Stated)



 e. Hasil pemeriksaan pajak                                  e. Tax assessments

     Perusahaan                                                   The Company

     Tahun Pajak 2018                                              Fiscal Year 2018
     Pada tanggal 7 Februari 2022, Perusahaan                     On February 7, 2022, the Company filled an
     mengajukan keberatan sehubungan dengan                       objection related to tax overpayment decision
     Surat Ketetapan Pajak Lebih Bayar (“SKPLB”)                  letters which corrected the previous fiscal loss
     yang melakukan koreksi atas rugi fiskal yang                 recognized by the Company amounting to
     diakui sebelumnya sebesar Rp46.099 kepada                    Rp46,099 to Directorate General of Taxes. On
     Direktorat Jenderal Pajak. Pada tanggal                      December 16, 2022, the Company had received
     16 Desember 2022, Perusahaan telah                           decision from Directorate General of Taxes
     menerima keputusan keberatan dari Direktorat                 which reject the Company’s objection. On
     Jenderal Pajak yang menolak keberatan yang                   March 13, 2023, the Company submitted a letter
     diajukan oleh Perusahaan. Pada tanggal 13                    of appeal to the Tax Court in response to the
     Maret 2023, Perusahaan mengajukan surat                      above decision. On July 16, 2024, the Tax Court
     banding kepada Pengadilan Pajak terkait                      issued decision regarding the rejection of the
     keputusan di atas. Pada tanggal 16 Juli 2024,                appeal by the Company against the Directorate
     Pengadilan Pajak mengeluarkan keputusan                      General of Taxes. Regarding this decision, on
     terkait penolakan atas banding oleh Perusahaan               October 28, 2024, the Company submitted
     terhadap Direktorat Jenderal Pajak. Terhadap                 a Request for Review to the Supreme Court. Up
     keputusan tersebut, pada tanggal 28 Oktober                  to the date completion of these interim
     2024, Perusahaan mengajukan Permohonan                       consolidated financial statements, the Company
     Peninjauan kembali kepada Mahkamah Agung.                    has not received a decision letter regarding the
     Sampai dengan tanggal penyelesaian laporan                   request for review.
     keuangan konsolidasian interim ini, Perusahaan
     belum menerima surat keputusan terkait
     permohonan peninjauan kembali tersebut.

     CASC                                                         CASC

     Tahun Pajak 2020                                              Fiscal Year 2020

     Pada tanggal 6 Juni 2023, CASC menerima                      On June 6, 2023, CASC received SKPLB
     SKPLB No.00005/406/20/059/23 atas pajak                      No.00005/406/20/059/23 corporate income tax
     penghasilan badan tahun 2020 sebesar Rp921                   for year 2020 amounting to Rp921 in connection
     sehubungan dengan permintaan restitusi lebih                 with a request for refund of tax overpayment for
     bayar pajak atas tahun tersebut. Pada tanggal                that year. On June 14, 2023, CASC received
     14 Juni 2023, CASC menerima Surat Keputusan                  the Decree of the Directorate General of Taxes
     Direktur    Jendral    pajak     No:    KEP-                 No: KEP-00125/PPH/KPP.0709/2023 stating
     00125/PPH/KPP.0709/2023 yang menyatakan                      that the overpayment of corporate income tax in
     bahwa lebih bayar pajak penghasilan badan                    2020 of Rp921 will be compensated with the
     tahun     2020     sebesar    Rp921      akan                2017 tax payable of Rp1,914. On June 16,
     dikompensasikan dengan utang pajak tahun                     2023, CASC received Tax Overpayment Refund
     2017 sebesar Rp1.914. Pada tanggal 16 Juni                   Order (“SPMKB”) amounted to Rp921. CASC
     2023, CASC menerima Surat Perintah                           has made payment for the related SPMKB.
     Membayar Kelebihan Pajak (“SPMKB”) sebesar
     Rp921. CASC telah melakukan pembayaran
     atas SPMKB tersebut.




                                                      47
Page 51
                                                             The original interim consolidated financial statements included herein
                                                                                                    are in the Indonesian language.

      PT CAHAYA AERO SERVICES TBK                                  PT CAHAYA AERO SERVICES TBK
    (D/H PT CARDIG AERO SERVICES TBK)                       (PREVIOUSLY PT CARDIG AERO SERVICES TBK)
           DAN ENTITAS ANAKNYA                                           AND ITS SUBSIDIARIES
          CATATAN ATAS LAPORAN                                  NOTES TO THE INTERIM CONSOLIDATED
    KEUANGAN KONSOLIDASIAN INTERIM                                     FINANCIAL STATEMENTS
 Tanggal 30 September 2025 dan untuk Periode                As of September 30, 2025 and for the Nine-months
  Sembilan Bulan yang Berakhir pada Tanggal                          Period Then Ended (Unaudited)
Tersebut (Tidak Diaudit) (Disajikan dalam Jutaan                    (Expressed in Millions of Rupiah,
       Rupiah, Kecuali Dinyatakan Lain)                                 Unless Otherwise Stated)



     Selain itu, CASC juga menerima SKPKB atas                     In addition, CASC also received SKPKB VAT
     PPN tahun 2020 sebesar Rp625. Pada tanggal                    year 2020 amounted to Rp625. On September
     4 September 2023, CASC mengajukan                             4, 2023, CASC submitted an objection to the
     keberatan kepada Direktorat Jenderal Pajak                    Directorate General of Taxes regarding the VAT
     atas SKPKB PPN. Pada tanggal 14 Mei 2024,                     SKPKB. On May 14 2024, CASC received
     CASC menerima 3 (tiga) surat keputusan                        3 (three) decision letters from the Directorate
     Direktorat Jenderal Pajak yaitu: surat No. KEP-               General of Taxes, namely: letter No. KEP-
     00971/KEB/PJ/WPJ.07/ 2024 yang menolak                        00971/KEB/PJ/WPJ.07/          2024       which
     keberatan,         surat        No.        KEP                rejected the objection, letter No. KEP-
     00972/KEB/PJ/WPJ.07/2024 yang menolak                         00972/KEB/PJ/WPJ.07/2024 which rejected the
     keberatan, dan surat No. KEP-00973/KEB/PJ/                    objection, and letter No. KEP-00973/KEB/PJ/
     WPJ.07/2024 yang mengabulkan keberatan                        WPJ.07/2024 which granted the objection
     yang di ajukan oleh CASC.                                     submitted by CASC.

     Pada tanggal 14 Agustus 2024, CASC                            On August 14, 2024, CASC submitted an
     mengajukan permohonan banding atas surat                      appeal against the Directorate General of
     keputusan Direktorat Jenderal Pajak No. KEP                   Taxes'     decision     letter   No.    KEP
     00972/KEB/PJ/WPJ.07/2024      dengan    surat                 00972/KEB/PJ/WPJ.07/2024        with   letter
     No.      032/CASC-TAX/VIII/2024       kepada                  No. 032/CASC-TAX/VIII/2024 to the Tax Court.
     Pengadilan Pajak. Sampai dengan tanggal                       Up to the date completion of these interim
     penyelesaian laporan keuangan konsolidasian                   consolidated financial statements, CASC has
     interim ini, CASC belum menerima surat                        not received a decision letter on the appeal
     keputusan dari permohonan banding tersebut.                   request.

     Tahun Pajak 2019                                               Fiscal Year 2019

     Pada tanggal 14 Desember 2022, CASC                           On December 14, 2022, CASC sent a letter to
     mengirimkan surat keberatan ke Direktorat                     Directorate General of Taxes No. 007/CASC-
     Jenderal   Pajak     dengan   No.007/CASC-                    TAX/XII/2022 related to SKPKB of income tax
     TAX/XII/2022 sehubungan dengan SKPKB PPh                      article 23 No. 00004/203/19/059/22 amounted
     Pasal 23 No.00004/203/19/059/22 sebesar                       to     Rp2,608.   Based    on    its    decision
     Rp2.608. Berdasarkan Keputusan Direktur                       No. KEP-03004/KEB/PJ/WPJ.07/2023 dated on
     Jendral        Pajak        No.       KEP-                    October 10, 2023, Directorate General of Taxes
     03004/KEB/PJ/WPJ.07/2023      tanggal   10                    had decided to reject CASC’s objection.
     Oktober 2023, Direktorat Jenderal Pajak
     memutuskan untuk menolak keberatan CASC.

     Pada tanggal 8 Januari 2024, CASC                             On January 8, 2024, CASC submitted letter an
     mengajukan permohonan banding dengan surat                    appeal with letter No. 002/CASC-TAX/I/2024 to
     No. 002/CASC-TAX/I/2024 kepada Pengadilan                     the Tax Court. Up to the date completion of
     Pajak. Sampai dengan tanggal penyelesaian                     these interim consolidated financial statements,
     laporan keuangan konsolidasian interim ini,                   CASC had not obtained any decision on the
     CASC belum menerima surat keputusan dari                      appeal.
     permohonan banding tersebut.




                                                       48
Page 52
                                                                                     The original interim consolidated financial statements included herein
                                                                                                                            are in the Indonesian language.

        PT CAHAYA AERO SERVICES TBK                                                        PT CAHAYA AERO SERVICES TBK
      (D/H PT CARDIG AERO SERVICES TBK)                                             (PREVIOUSLY PT CARDIG AERO SERVICES TBK)
             DAN ENTITAS ANAKNYA                                                                 AND ITS SUBSIDIARIES
            CATATAN ATAS LAPORAN                                                        NOTES TO THE INTERIM CONSOLIDATED
      KEUANGAN KONSOLIDASIAN INTERIM                                                           FINANCIAL STATEMENTS
   Tanggal 30 September 2025 dan untuk Periode                                      As of September 30, 2025 and for the Nine-months
    Sembilan Bulan yang Berakhir pada Tanggal                                                Period Then Ended (Unaudited)
  Tersebut (Tidak Diaudit) (Disajikan dalam Jutaan                                          (Expressed in Millions of Rupiah,
         Rupiah, Kecuali Dinyatakan Lain)                                                       Unless Otherwise Stated)



    f. Aset dan liabilitas pajak tangguhan                                            f. Defered tax assets and liabilities

         Rincian aset pajak tangguhan Grup adalah                                            The details of the Group deferred tax assets
         sebagai berikut:                                                                    are as follows:


                                                               Dibebankan pada
                                            Dibebankan           penghasilan
                                                pada          komprehensif lain/
                                              laba rugi/      Charged to other
Perusahaan dan           1 Januari 2025/     Charged to         comprehensive        Penyesuaian/      30 September 2025/                   The Company and
 entitas anak            January 1, 2025    profit or loss         income            Adjustment        September 30, 2025                       subsidiaries

 Imbalan pasca kerja              30,968             (463)               (1,675)                 --                  28,830        Post employment benefits
 Penyisihan penurunan                                                                                                               Allowance for impairment
  nilai piutang usaha             12,990             (494)                     --                --                  12,496              of trade receivables
 Imbalan kerja lainnya            27,361           (7,294)                     --                --                  20,067          Other employee benefits
 Penyisihan lain-lain                  --                --                    --                --                         --                Other provision
 Penyusutan aset tetap           (38,083)              421                     --                --                (37,662)       Depreciation of fixed assets
 Transaksi sewa                   (1,843)            (339)                     --                --                 (2,182)                 Lease transaction
Aset pajak
tangguhan                         31,393           (8,169)               (1,675)                 --                  21,549               Deferred tax assets



                                                               Dibebankan pada
                                            Dibebankan           penghasilan
                                                pada          komprehensif lain/
                                             laba rugi /      Charged to other
Perusahaan dan           1 Januari 2024/     Charged to         comprehensive        Penyesuaian/      31 Desember 2024/                     The Company and
 entitas anak            January 1, 2024    profit or loss         income            Adjustment        December 31, 2024                         subsidiaries

 Imbalan pasca kerja               30,462               95                   411                  --                 30,968         Post employment benefits
 Penyisihan penurunan                                                                                                               Allowance for impairment
  nilai piutang usaha              14,744          (1,754)                     --                 --                 12,990             of trade revceivables
 Imbalan kerja lainnya             12,952           12,451                                    1,958                  27,361           Other employee benefits
 Penyisihan lain-lain               2,027                --                    --           (2,027)                          --                Other provision
 Penyusutan aset tetap           (33,666)            (947)                     --           (3,470)                 (38,083)      Depreciation of fixed assets
 Transaksi sewa                   (3,241)          (1,065)                     --             2,463                  (1,843)                 Lease transaction
 Aset pajak
 tangguhan                         23,278            8,780                   411            (1,076)                  31,393                 Deferred tax assets




                                                                        49
Page 53
                                                                                            The original interim consolidated financial statements included herein
                                                                                                                                   are in the Indonesian language.

        PT CAHAYA AERO SERVICES TBK                                                              PT CAHAYA AERO SERVICES TBK
      (D/H PT CARDIG AERO SERVICES TBK)                                                   (PREVIOUSLY PT CARDIG AERO SERVICES TBK)
             DAN ENTITAS ANAKNYA                                                                       AND ITS SUBSIDIARIES
            CATATAN ATAS LAPORAN                                                              NOTES TO THE INTERIM CONSOLIDATED
      KEUANGAN KONSOLIDASIAN INTERIM                                                                 FINANCIAL STATEMENTS
   Tanggal 30 September 2025 dan untuk Periode                                            As of September 30, 2025 and for the Nine-months
    Sembilan Bulan yang Berakhir pada Tanggal                                                      Period Then Ended (Unaudited)
  Tersebut (Tidak Diaudit) (Disajikan dalam Jutaan                                                (Expressed in Millions of Rupiah,
         Rupiah, Kecuali Dinyatakan Lain)                                                             Unless Otherwise Stated)



             Rincian liabilitas pajak tangguhan Grup adalah                                                 The details of the Group                        deferred       tax
             sebagai berikut:                                                                               liabilitiesare as follows:
                                                                    Dibebankan pada
                                           Dibebankan                 penghasilan
                                               pada                komprehensif lain/        Efek
                                             laba rugi/               Charged to          Translasi/
                         1 Januari 2025/    Charged to            other comprehensive    Translation           Penyesuaian/        30 September 2025/
                         January 1, 2025   profit or loss                income             Effect              Adjustment         September 30, 2025
Entitas Anak                                                                                                                                                             Subsidiaries
 Nilai wajar pinjaman              (736)                     --                     --                 --                 736                          --          Fair value of loan
 Imbalan pasca kerja                 358                     --                     --                 --               (358)                          --    Post employee benefits
 Penyisihan kerugian                                                                                                                                         Allowance for expected
   kredit ekspektasian              177                      --                     --                 --               (177)                          --             credit losses
 Liabilitas
   pajak tangguhan                 (201)                     --                     --                 --                201                           --     Deferred tax liabilities


                                                                    Dibebankan pada
                                           Dibebankan                 penghasilan
                                               pada                komprehensif lain/        Efek
                                            laba rugi /               Charged to          Translasi/
                         1 Januari 2024/    Charged to            other comprehensive    Translation           Penyesuaian/        31 Desember 2024/
                         January 1, 2024   profit or loss                income             Effect              Adjustment         December 31, 2024

Entitas Anak                                                                                                                                                             Subsidiaries
 Nilai wajar pinjaman            (1,735)               1,064                        --           (65)                      --                    (736)             Fair value of loan
 Imbalan pasca kerja                 663                   --                       --             29                   (334)                      358       Post employee benefits
 Penyisihan kerugian                                                                                                                                         Allowance for expected
  kredit ekspektasian               169                     --                      --                 8                      --                  177                 credit losses
 Liabilitas
  pajak tangguhan                  (903)               1,064                        --           (28)                   (334)                    (201)        Deferred tax liabilities




10. UANG MUKA DAN BIAYA DIBAYAR DI MUKA                                                  10. ADVANCES AND PREPAID EXPENSES

                                                            30 Sep 2025/           31 Des 2024/
                                                            Sep 30, 2025           Dec 31, 2024
Uang muka                                                                                                                                                 Advances
 Pemasok                                                                4,554                    4,275                                                     Supplier
 Karyawan                                                               2,037                    2,885                                                   Employee
 Lain-lain (dibawah Rp.1.000)                                             289                      451                                      Others (below Rp1,000)

Biaya dibayar di muka                                                                                                                             Prepaid Expenses
 Konsesi                                                               36,831                    2,626                                                  Concession
 Sewa                                                                   9,670                    1,118                                                      Rental
 Asuransi                                                               5,717                        --                                                  Insurance
 Operasional                                                              954                    3,026                                                  Operational
 Lain-lain (dibawah Rp.1.000)                                           4,599                    4,185                                      Others (below Rp1,000)
Total                                                                 64,651                  18,566




                                                                                 50
Page 54
                                                                                                          The original interim consolidated financial statements included herein
                                                                                                                                                 are in the Indonesian language.

        PT CAHAYA AERO SERVICES TBK                                                                            PT CAHAYA AERO SERVICES TBK
      (D/H PT CARDIG AERO SERVICES TBK)                                                                 (PREVIOUSLY PT CARDIG AERO SERVICES TBK)
             DAN ENTITAS ANAKNYA                                                                                     AND ITS SUBSIDIARIES
            CATATAN ATAS LAPORAN                                                                            NOTES TO THE INTERIM CONSOLIDATED
      KEUANGAN KONSOLIDASIAN INTERIM                                                                               FINANCIAL STATEMENTS
   Tanggal 30 September 2025 dan untuk Periode                                                          As of September 30, 2025 and for the Nine-months
    Sembilan Bulan yang Berakhir pada Tanggal                                                                    Period Then Ended (Unaudited)
  Tersebut (Tidak Diaudit) (Disajikan dalam Jutaan                                                              (Expressed in Millions of Rupiah,
         Rupiah, Kecuali Dinyatakan Lain)                                                                           Unless Otherwise Stated)




11. ASET TETAP                                                                                                  11. FIXED ASSETS
                                                                           30 September 2025/ September 30, 2025

                                Saldo awal/                                                                                    Efek Translasi/             Saldo Akhir/
                                Beginning            Penambahan/          Pengurangan/            Reklasifikasi/                Translation                  Ending
                                 balance              Additions            Deductions            Reclassification                  effect                    balance
Biaya Perolehan                                                                                                                                                                                             Cost
 Tanah                                18,928                    --                     --                   (14,834)                             --                 4,094                                  Land
 Bangunan dan renovasi                                                                                                                                                                 Buildings and leasehold
  bangunan sewa                      200,000                5,044                 (6,150)                   (23,968)                             --              174,926                        improvements
 Peralatan operasi                   901,449               23,124                 (6,826)                     37,369                             --              955,116                  Operating equipments
 Kendaraan bermotor                   28,578                5,036                  (236)                        (15)                             --               33,363                         Motor vehicles
 Instalasi dan komunikasi            107,705                3,519                     (4)                      2,523                             --              113,743         Installation and communication
 Peralatan dan perabot kantor         65,513                1,950                 (2,744)                        547                             --               65,266         Office furniture and equipments
 Aset dalam penyelesaian              56,765               21,942                      --                   (57,630)                             --               21,077               Construction in progress
 Total                              1,378,938              60,615               (15,960)                    (56,008)                             --             1,367,585                                   Total


Akumulasi penyusutan                                                                                                                                                                 Accumulated Depreciation
 Bangunan dan renovasi                                                                                                                                                                 Buildings and leasehold
  bangunan sewa                      137,519                7,087                 (5,671)                   (17,578)                             --              121,357                        improvements
 Peralatan operasi                   569,883               44,846                 (6,808)                   (16,506)                             --              591,415                  Operating equipments
 Kendaraan bermotor                   22,485                1,782                  (236)                        (15)                             --               24,016                         Motor vehicles
 Instalasi dan komunikasi             91,036                6,268                     (4)                             6                          --               97,306         Installation and communication
 Peralatan dan perabot kantor         56,830                2,747                 (2,759)                      1,113                             --               57,931         Office furniture and equipments
 Total                               877,753               62,730               (15,478)                    (32,980)                             --              892,025                                   Total
Nilai tercatat - neto                501,185                                                                                                                     475,560                     Net carrying value

                                                                            31 Desember 2024/ December 31, 2024

                                 Saldo awal/                                                                                     Efek Translasi/            Saldo Akhir/
                                 Beginning             Penambahan/          Pengurangan/             Reklasifikasi/               Translation                 Ending
                                  balance               Additions            Deductions            Reclassification                  effect                   balance
Biaya Perolehan                                                                                                                                                                                              Cost
 Tanah                                   18,243                      --                     --                            --                     685                18,928                                  Land
 Bangunan dan renovasi                          --                                                                                                                          --           Buildings and leasehold
  bangunan sewa                         196,068                3,935                (4,398)                      3,192                        1,203                200,000                        improvements
 Peralatan operasi                      849,316               42,424                (8,097)                     17,108                           698               901,449                 Operating equipments
 Kendaraan bermotor                      28,823                5,244                (5,490)                               --                          1             28,578                        Motor vehicles
 Instalasi dan komunikasi               100,144                5,030                  (421)                      2,952                                --           107,705        Installation and communication
 Peralatan dan perabot kantor            63,012                2,382                (1,679)                      1,798                                --            65,513        Office furniture and equipments
 Aset dalam penyelesaian                 19,969               62,329                        --                (25,533)                                --            56,765               Construction in progress
 Total                                 1,275,575             121,344               (20,085)                         (483)                     2,587              1,378,938                                   Total


Akumulasi penyusutan                                                                                                                                                                  Accumulated Depreciation
 Bangunan dan renovasi                                                                                                                                                                   Buildings and leasehold
  bangunan sewa                         133,297                7,827                (4,396)                               --                     791               137,519                        improvements
 Peralatan operasi                      523,736               51,760                (7,392)                      1,081                           698               569,883                 Operating equipments
 Kendaraan bermotor                      27,172                    802              (5,490)                               --                          1             22,485                        Motor vehicles
 Instalasi dan komunikasi                85,011                6,446                  (421)                               --                          --            91,036        Installation and communication
 Peralatan dan perabot kantor            56,595                2,955                (1,639)                     (1,081)                               --            56,830        Office furniture and equipments
 Total                                  825,811               69,790               (19,338)                               --                  1,490                877,753                                  Total
Nilai tercatat - neto                    449,764                                                                                                                   501,185                     Net carrying value




                                                                                             51
Page 55
                                                                  The original interim consolidated financial statements included herein
                                                                                                         are in the Indonesian language.

      PT CAHAYA AERO SERVICES TBK                                       PT CAHAYA AERO SERVICES TBK
    (D/H PT CARDIG AERO SERVICES TBK)                            (PREVIOUSLY PT CARDIG AERO SERVICES TBK)
           DAN ENTITAS ANAKNYA                                                AND ITS SUBSIDIARIES
          CATATAN ATAS LAPORAN                                       NOTES TO THE INTERIM CONSOLIDATED
    KEUANGAN KONSOLIDASIAN INTERIM                                          FINANCIAL STATEMENTS
 Tanggal 30 September 2025 dan untuk Periode                     As of September 30, 2025 and for the Nine-months
  Sembilan Bulan yang Berakhir pada Tanggal                               Period Then Ended (Unaudited)
Tersebut (Tidak Diaudit) (Disajikan dalam Jutaan                         (Expressed in Millions of Rupiah,
       Rupiah, Kecuali Dinyatakan Lain)                                      Unless Otherwise Stated)



  Beban penyusutan aset tetap adalah sebagai                        Depreciation of fixed assets are as follows:
  berikut:
                                              30 Sep 2025/          30 Sep 2024/
                                              Sep 30, 2025          Sep 30, 2024
                                           (9 Bulan/ Months )    (9 Bulan/ Months )
 Beban usaha (Catatan 23)                                                                                 Operating expenses (Note 23)
  Pergudangan dan penunjang penerbangan                46,836                40,733                        Cargo and ground handling
  Rilis dan perbengkelan pesawat udara                  6,965                 4,895                  Aircraft release and maintenance
  Katering                                              7,373                 4,021                                            Catering
  Pelatihan penerbangan                                     --                  981                                   Aviation training
  Umum dan administrasi                                 1,556                   899                        General and administrative
   Total                                               62,730                51,529                                               Total


  Tingkat    penyelesaian   atas     aset  dalam                    Completion rates on assets in progress is between
  penyelesaian adalah berkisar antara 30% sampai                    30% to 95%. Management estimates that in the
  95%. Manajemen memperkirakan bahwa pada                           end of 2026, those assets are ready to use.
  akhir tahun 2026 aset tersebut telah siap
  digunakan.

  Aset tetap entitas anak diasuransikan kepada pihak                Subsidiaries’ fixed assets were insured to third
  ketiga terhadap risiko kerugian akibat kebakaran,                 party insurers, against fire, theft and other risk with
  pencurian dan risiko kerugian lainnya dengan nilai                the sum insured of Rp488,153 and Rp486,304 as
  pertanggungan masing-masing sebesar Rp488.153                     of September 30, 2025 and December 31, 2024,
  dan Rp486.304 pada tanggal 30 September 2025                      respectively.
  dan 31 Desember 2024.

  Manajemen      berpendapat      bahwa     nilai                   Management believes that the insurance coverage
  pertanggungan      cukup    untuk     menutupi                    is adequate to cover possible losses on the assets
  kemungkinan     kerugian   atas   aset   yang                     insured.
  dipertanggungkan.

  Rincian aset tetap yang dijual atau dihapuskan                    Details of sale or disposal of fixed assets is as
  adalah sebagai berikut:                                           follows:
                                              30 Sep 2025/          30 Sep 2024/
                                              Sep 30, 2025          Sep 30, 2024
                                           (9 Bulan/ Months )    (9 Bulan/ Months )
  Nilai buku - neto                                     (482)                  (607)                               Net carrying value
  Harga jual                                              701                    181                                     Selling price
  Rugi penjualan atau                                                                                    Loss on sale or disposal of
   penghapusan aset tetap (Catatan 24)                    219                  (426)                        fixed assets (Note 24)




                                                         52
Page 56
                                                                    The original interim consolidated financial statements included herein
                                                                                                           are in the Indonesian language.

       PT CAHAYA AERO SERVICES TBK                                        PT CAHAYA AERO SERVICES TBK
     (D/H PT CARDIG AERO SERVICES TBK)                             (PREVIOUSLY PT CARDIG AERO SERVICES TBK)
            DAN ENTITAS ANAKNYA                                                 AND ITS SUBSIDIARIES
           CATATAN ATAS LAPORAN                                        NOTES TO THE INTERIM CONSOLIDATED
     KEUANGAN KONSOLIDASIAN INTERIM                                           FINANCIAL STATEMENTS
  Tanggal 30 September 2025 dan untuk Periode                      As of September 30, 2025 and for the Nine-months
   Sembilan Bulan yang Berakhir pada Tanggal                                Period Then Ended (Unaudited)
 Tersebut (Tidak Diaudit) (Disajikan dalam Jutaan                          (Expressed in Millions of Rupiah,
        Rupiah, Kecuali Dinyatakan Lain)                                       Unless Otherwise Stated)




12. GOODWILL                                                       12. GOODWILL

   Akun ini merupakan goodwill yang timbul dari:                      This account represents goodwill arising from:

                                               30 Sep 2025/          31 Des 2024/
                                               Sep 30, 2025          Dec 31, 2024

   Akuisisi PT Anugrah Jasa Caterindo                                                             Acquisition of PT Anugrah Jasa Caterindo
    oleh CASC                                           16,640                  16,640                                           by CASC
   Akuisisi AAG                                             476                     476                                 Acquisition of AAG
   Akumulasi penurunan nilai                            (2,242)                 (2,242)                        Accumulated impairment loss
   Total                                                14,874                  14,874                                               Total


   Nilai   terpulihkan    dari  goodwill  ditentukan                  The recoverable amount of goodwill was
   berdasarkan perhitungan nilai pakai menggunakan                    determined based on value in use calculation
   proyeksi arus kas dari anggaran keuangan. Tingkat                  based using cash flow projection from financial
   diskonto sebelum pajak yang digunakan atas                         budgets. The pre-tax discount rate applied to cash
   proyeksi arus kas adalah 23,5% dan arus kas yang                   flow projections is 23.5% and cash flow beyond five
   melebihi periode lima tahun diekstrapolasi                         year period are extrapolated using a 2% growth
   menggunakan        tingkat   pertumbuhan      2%.                  rate. Based on the result of review for impairment
   Berdasarkan hasil penelaahan terhadap adanya                       at the end of the year, management believes that
   penurunan nilai pada akhir tahun, manajemen                        there are no impairment loss that needs to be
   berkeyakinan bahwa tidak ada penurunan nilai                       recognized by the Group.
   yang perlu diakui oleh Grup.



13. ASET LAIN-LAIN                                                 13. OTHER ASSETS


                                              30 Sep 2025/           31 Des 2024/
                                              Sep 30, 2025           Dec 31, 2024
    Aset lancar lainnya                                                                                           Other current assets
     Jaminan sewa                                       8,832                       7,563                               Rental deposit
     Lain-lain (di bawah Rp1.000)                       2,704                       2,440                      Others (below Rp1,000)

    Sub-total                                          11,536                     10,003                                         Sub-total

    Aset tidak lancar lain - lain                                                                           Other non-current assets
    Uang jaminan konsesi (Catatan 27c)                 15,659                     15,659       Security deposit concession (Note 27c)
    Biaya dibayar di muka jangka panjang                2,260                      1,834                   Long-term prepaid expense
    Uang jaminan                                        1,269                      2,243                              Security deposit
    Biaya konsesi dibayar dimuka                                                                                   Long-term prepaid
       jangka panjang (Catatan 27c)                           --                  24,506                  concession fee (Note 27c)
    Uang muka atas pembelian aset tetap                       --                   1,746         Advance for purchase of fixed assets
    Lain-lain (masing-masing
     dibawah Rp1.000)                                    230                         655                         Others (below Rp1,000)
    Sub-total                                          19,418                     46,643                                         Sub-total

    Total                                              30,954                     56,646                                              Total




                                                         53
Page 57
                                                                 The original interim consolidated financial statements included herein
                                                                                                        are in the Indonesian language.

       PT CAHAYA AERO SERVICES TBK                                   PT CAHAYA AERO SERVICES TBK
     (D/H PT CARDIG AERO SERVICES TBK)                        (PREVIOUSLY PT CARDIG AERO SERVICES TBK)
            DAN ENTITAS ANAKNYA                                            AND ITS SUBSIDIARIES
           CATATAN ATAS LAPORAN                                   NOTES TO THE INTERIM CONSOLIDATED
     KEUANGAN KONSOLIDASIAN INTERIM                                      FINANCIAL STATEMENTS
  Tanggal 30 September 2025 dan untuk Periode                 As of September 30, 2025 and for the Nine-months
   Sembilan Bulan yang Berakhir pada Tanggal                           Period Then Ended (Unaudited)
 Tersebut (Tidak Diaudit) (Disajikan dalam Jutaan                     (Expressed in Millions of Rupiah,
        Rupiah, Kecuali Dinyatakan Lain)                                  Unless Otherwise Stated)




14. UTANG USAHA                                              14. ACCOUNTS PAYABLE

   a.   Berdasarkan pemasok                                        a.    By supplier


                                              30 Sep 2025/          31 Des 2024/
                                              Sep 30, 2025          Dec 31, 2024
        Pihak ketiga                                  125,664                141,185                               Third parties
        Pihak berelasi (Catatan 26)                         --                   236                  Related parties (Note 26 )
        Total                                         125,664                141,421                                            Total


   b.   Berdasarkan mata uang                                      b.    By currencies

                                              30 Sep 2025/          31 Des 2024/
                                              Sep 30, 2025          Dec 31, 2024

        Rupiah                                        123,136                134,867                                      Rupiah
        Dolar Amerika Serikat                           1,664                  5,740                          United States Dollar
        Dolar Singapura                                   864                    440                             Singapore Dollar
        Euro                                                --                   374                                         Euro
        Total                                         125,664                141,421                                             Total


   Jangka waktu kredit untuk jasa pemasok dan                      Payment to suppliers and purchases of spareparts
   pembelian suku cadang berkisar antara 15 sampai                 have credit terms of 15 to 45 days.
   45 hari.

   Tidak terdapat jaminan yang diberikan oleh Grup                  There is no collateral provided by the Group on its
   atas utang usaha kepada pemasok.                                 accounts payable to suppliers.



15. BEBAN AKRUAL                                             15. ACCRUED EXPENSES


                                       30 Sep 2025/         31 Des 2024/
                                       Sep 30, 2025         Dec 31, 2024
 Gaji dan tunjangan                          104,462                141,152                          Salary and allowances
 Konsesi dan biaya bersama kargo             104,208                 67,320           Concession fee and cargo sharing cost
 Diskon penjualan                             15,428                 14,522                                  Sales discount
 Sewa                                         14,000                 10,270                                         Rental
 Jasa pelayanan sub-kontraktor                                                                           Outsourcing fee on
  penanganan darat                            10,674                  7,972                    ground handling services
 Komisi penjualan                              7,515                 24,473                             Sales commissions
 Terminasi utang sewa pembiayaan                   --                49,280              Termination of under finance lease
 Lain-lain (dibawah Rp9.000)                 110,925                 89,251                         Others (below Rp9,000)
 Total                                       367,212                404,240                                           Total

                                                       54
Page 58
                                                                           The original interim consolidated financial statements included herein
                                                                                                                  are in the Indonesian language.

        PT CAHAYA AERO SERVICES TBK                                              PT CAHAYA AERO SERVICES TBK
      (D/H PT CARDIG AERO SERVICES TBK)                                   (PREVIOUSLY PT CARDIG AERO SERVICES TBK)
             DAN ENTITAS ANAKNYA                                                       AND ITS SUBSIDIARIES
            CATATAN ATAS LAPORAN                                              NOTES TO THE INTERIM CONSOLIDATED
      KEUANGAN KONSOLIDASIAN INTERIM                                                 FINANCIAL STATEMENTS
   Tanggal 30 September 2025 dan untuk Periode                            As of September 30, 2025 and for the Nine-months
    Sembilan Bulan yang Berakhir pada Tanggal                                      Period Then Ended (Unaudited)
  Tersebut (Tidak Diaudit) (Disajikan dalam Jutaan                                (Expressed in Millions of Rupiah,
         Rupiah, Kecuali Dinyatakan Lain)                                             Unless Otherwise Stated)




     Berdasarkan surat dari FFS Lease B.V (d/h SIM-                          Based on a letter from FFS Lease B.V (previously
     Lease       B.V)     kepada      JATC     perihal                       SIM-Lease B.V) to JATC regarding the assignment
     pengalihan dan penyerahan piutang dan jaminan                           and transfer of receivables and collateral (Cessie),
     (Cessie), tertanggal 26 Juni 2025, FFS Lease B.V                        as of June 26, 2025, FFS Lease B.V has assigned
     telah    menyerahkan dan mengalihkan      haknya                        and transferred its rights in the amount of
     sebesar US$3.049.100 kepada Trincap Aviation                            US$3,049,100 to Trincap Aviation Partners Limited.
     Partners Limited.

     Pada tanggal 21 Juli 2025, Perusahaan telah                             On July 21, 2025, the Company entered into a
     menandatangani akta jual beli saham atas saham                          Share Sale and Purchase Deed for the sale of the
     milik Perusahaan pada JATC sebanyak 1.031.745                           Company shares in JATC in the amount of
     saham atau setara dengan 51% dari seluruh                               1,031,745 shares, representing 51% of the total
     saham yang telah ditempatkan dan dikeluarkan                            issued and paid-up shares in JATC to Trincap
     oleh JATC kepada Trincap Aviation Partners                              Aviation Partners Limited (“Trincap”), for a sale
     Limited (“Trincap”), dengan harga pembelian                             prices of Rp1. Thus, the termination of under
     sebesar Rp1. Sehingga terminasi utang sewa                              finance lease has been transferred to Trincap.
     pembiayaan telah beralih kepada Trincap.



16. SEWA                                                                  16. LEASES

     a.    Aset hak-guna                                                      a.      Right-of-use assets

           Rincian aset hak-guna adalah sebagai berikut:                              Details of right-of-use assets are as follows:

                                              30 September 2025/ September 30, 2025
                               Peralatan                   Kendaraan
                              operasional/                  bermotor
                              Operational    Bangunan/       Motor         Tanah/
                              equipment      Buillding      vehicles        Land              Total
Biaya perolehan                                                                                                                         At Cost
 Saldo per 1 Januari 2025           45,242       198,466        19,871              8,335      271,914           Balance as of January 1, 2025
 Penambahan                          3,276        16,786         1,600                  --      21,662                                Addition
 Pengurangan                         (467)        (4,007)        (317)                  --      (4,791)                             Deduction
Saldo per 30 September 2025         48,051       211,245        21,154              8,335      288,785       Balance as of September 30, 2025

Akumulasi penyusutan                                                                                                Accumulated Depreciation
 Saldo per 1 Januari 2025         (19,469)      (94,740)       (11,473)            (7,806)    (133,488)          Balance as of January 1, 2025
 Penyusutan                        (4,807)      (42,929)        (3,834)              (694)     (52,264)                           Depreciation
 Pengurangan                            --         3,007             --                 --        3,007                             Deduction
Saldo per 30 September 2025       (24,276)     (134,662)       (15,307)            (8,500)    (182,745)      Balance as of September 30, 2025

Nilai tercatat neto per                                                                                                Net carrying value as of
 30 September 2025                  23,775        76,583         5,847              (165)      106,040                  September 30, 2025




                                                                55
Page 59
                                                                              The original interim consolidated financial statements included herein
                                                                                                                     are in the Indonesian language.

        PT CAHAYA AERO SERVICES TBK                                                 PT CAHAYA AERO SERVICES TBK
      (D/H PT CARDIG AERO SERVICES TBK)                                      (PREVIOUSLY PT CARDIG AERO SERVICES TBK)
             DAN ENTITAS ANAKNYA                                                          AND ITS SUBSIDIARIES
            CATATAN ATAS LAPORAN                                                 NOTES TO THE INTERIM CONSOLIDATED
      KEUANGAN KONSOLIDASIAN INTERIM                                                    FINANCIAL STATEMENTS
   Tanggal 30 September 2025 dan untuk Periode                               As of September 30, 2025 and for the Nine-months
    Sembilan Bulan yang Berakhir pada Tanggal                                         Period Then Ended (Unaudited)
  Tersebut (Tidak Diaudit) (Disajikan dalam Jutaan                                   (Expressed in Millions of Rupiah,
         Rupiah, Kecuali Dinyatakan Lain)                                                Unless Otherwise Stated)



                                                 31 Desember 2024/December 31, 2024
                               Peralatan                     Kendaraan
                              operasional/                    bermotor
                              Operational       Bangunan/      Motor        Tanah/
                              equipment         Buillding     vehicles       Land                  Total
Biaya Perolehan                                                                                                                               At cost
 Saldo per 1 Januari 2024            38,146        126,992        19,011              8,335         192,484         Balance as of January 1, 2024
 Penambahan                            9,596       106,444          8,174                 --        124,214                                 Addition
 Pengurangan                         (2,500)       (34,970)       (7,308)                 --        (44,778)                               Deduction
 Reklasifikasi Asset Tetap                 --            --            (6)                --             (6)         Reclasification to fixed assets
Saldo per 31 Desember 2024           45,242        198,466        19,871              8,335         271,914      Balance as of December 31, 2024

Akumulasi penyusutan                                                                                                   Accumulated depreciation
 Saldo per 1 Januari 2024           (12,766)       (64,659)      (12,634)          (6,219)          (96,278)        Balance as of January 1, 2024
 Penyusutan                          (9,203)       (55,326)       (6,147)          (1,587)          (72,263)                         Depreciation
 Pengurangan                           2,500         25,245         7,308               --            35,053                           Deduction
Saldo per 31 Desember 2024          (19,469)       (94,740)      (11,473)          (7,806)         (133,488)     Balance as of December 31, 2024

Nilai tercatat neto per                                                                                                    Net carrying value as of
 31 Desember 2024                    25,773        103,726         8,398                529         138,426                  December 31, 2024




     b.    Liabilitas sewa                                                       b.     Lease liabilities

           Nilai   tercatat  liabilitas sewa      dan                                   The carrying amounts of lease liabilities and
           pergerakannya selama tahun berjalan adalah                                   the movements during the year are as follows:
           sebagai berikut:
                                              30 Sep 2025/                   31 Des 2024/
                                              Sep 30, 2025                   Dec 31, 2024
           Biaya perolehan
           Saldo awal                               122,633                              85,830                            Beginning balance
           Penambahan                                 24,498                           124,214                                        Addition
           Pengurangan                                (1,785)                           (9,911)                                    Deduction
           Pertambahan bunga                            7,833                             9,349                             Interest accretion
           Pembayaran                               (58,923)                           (86,849)                                     Payments
           Saldo akhir                                94,256                           122,633                               Ending balance

           Penyajian dalam laporan posisi keuangan                                      The presentation in the consolidated statement
           konsolidasian adalah sebagai berikut:                                        of financial position are as follows:

                                                          30 Sep 2025/           31 Des 2024/
                                                          Sep 30, 2025           Dec 31, 2024

            Bagian jangka pendek                                   29,054                       56,387                        Current portion
            Bagian jangka panjang                                  65,202                       66,246                     Non current portion
            Saldo akhir                                            94,256                      122,633                       Ending balance

           Pembayaran minimum sewa dimasa yang                                          Future minimum lease payments under the
           akan datang berdasarkan perjanjian sewa                                      lease agreements together with the present
           beserta nilai wajar dari pembayaran minimum                                  value of minimum lease payments are as
           sewa adalah sebagai berikut:                                                 follows:




                                                                  56
Page 60
                                                                 The original interim consolidated financial statements included herein
                                                                                                        are in the Indonesian language.

       PT CAHAYA AERO SERVICES TBK                                     PT CAHAYA AERO SERVICES TBK
     (D/H PT CARDIG AERO SERVICES TBK)                          (PREVIOUSLY PT CARDIG AERO SERVICES TBK)
            DAN ENTITAS ANAKNYA                                              AND ITS SUBSIDIARIES
           CATATAN ATAS LAPORAN                                     NOTES TO THE INTERIM CONSOLIDATED
     KEUANGAN KONSOLIDASIAN INTERIM                                        FINANCIAL STATEMENTS
  Tanggal 30 September 2025 dan untuk Periode                   As of September 30, 2025 and for the Nine-months
   Sembilan Bulan yang Berakhir pada Tanggal                             Period Then Ended (Unaudited)
 Tersebut (Tidak Diaudit) (Disajikan dalam Jutaan                       (Expressed in Millions of Rupiah,
        Rupiah, Kecuali Dinyatakan Lain)                                    Unless Otherwise Stated)



                                         30 Sep 2025/         31 Des 2024/
                                         Sep 30, 2025         Dec 31, 2024


        Dalam satu tahun                        32,230                63,287                                  Within on year
        Di atas satu tahun                      71,316                73,981                                  Over one year
        Total pembayaran minimum                                                              Total future minimum lease
         sewa                                  103,546              137,268                                      payments
        Jumlah biaya keuangan                   (9,290)             (14,635)            Amount representing finance charges
        Nilai wajar pembayaran                                                                              Present value of
         minimum sewa                           94,256              122,633                        minimum lease payments

   c.   Jumlah yang diakui dalam laporan laba rugi                 c.    Amount recognized in the consolidated
        konsolidasian                                                    statement of profit or loss

                                          30 Sep 2025/           30 Sep 2024/
                                          Sep 30, 2025           Sep 30, 2024

        Penyusutan (Catatan 23)                     52,264                47,784                        Depreciation (Note 23)
        Beban bunga utang sewa                       7,833                 5,871                    Interest on lease liabilities
        Beban yang terkait dengan                                                                          Expenses related to
          sewa jangka pendek dan                                                                        short-term lease and
          aset bernilai rendah                      11,408                10,185                           low-value assets
        Total                                       71,505                63,840                                          Total

Beban penyusutan aset hak-guna adalah sebagai                      Depreciation of right-of-use assets are as follows:
berikut:

                                        30 Sep 2025/              30 Sep 2024/
                                        Sep 30, 2025              Sep 30, 2024
                                     (9 Bulan/ Months )        (9 Bulan/ Months )

 Pergudangan dan penunjang
  penerbangan                                       47,120                    41,577             Cargo and ground handling
 Rilis dan perbengkelan pesawat                                                                        Aircraft release and
  udara                                              3,104                     2,828                         maintenance
 Katering                                            2,040                     2,928                                Catering
 Umum dan administrasi                                   --                      451             General and administrative
Total                                               52,264                    47,784                                    Total




                                                        57
Page 61
                                                             The original interim consolidated financial statements included herein
                                                                                                    are in the Indonesian language.

       PT CAHAYA AERO SERVICES TBK                                 PT CAHAYA AERO SERVICES TBK
     (D/H PT CARDIG AERO SERVICES TBK)                      (PREVIOUSLY PT CARDIG AERO SERVICES TBK)
            DAN ENTITAS ANAKNYA                                          AND ITS SUBSIDIARIES
           CATATAN ATAS LAPORAN                                 NOTES TO THE INTERIM CONSOLIDATED
     KEUANGAN KONSOLIDASIAN INTERIM                                    FINANCIAL STATEMENTS
  Tanggal 30 September 2025 dan untuk Periode               As of September 30, 2025 and for the Nine-months
   Sembilan Bulan yang Berakhir pada Tanggal                         Period Then Ended (Unaudited)
 Tersebut (Tidak Diaudit) (Disajikan dalam Jutaan                   (Expressed in Millions of Rupiah,
        Rupiah, Kecuali Dinyatakan Lain)                                Unless Otherwise Stated)




17. LIABILITAS IMBALAN KERJA                                17. EMPLOYEE BENEFITS LIABILITIES

   Grup memberikan imbalan kerja pada karyawan                 The Group provided employee benefits to those fir
   yang memenuhi syarat, sesuai yang lebih tinggi              the requirements, the higher of defined benefit
   antara program pensiun imbalan pasti yang                   pension plan organized by them and employee
   diselenggarakannya atau imbalan kerja sesuai                benefits in accordance with Labor Law. In addition,
   dengan UU Ketenagakerjaan. Selain itu, Grup juga            the Group also provides long-term and other
   memberikan imbalan kerja jangka panjang lainnya             benefits covering all qualified employees as
   kepada karyawan yang memenuhi syarat yang                   unfunded plan. There are 2,342 and 2,390
   diselenggarakan   tanpa   pendanaan.     Jumlah             employees entitled to these benefits as of of
   karyawan yang berhak atas imbalan-imbalan kerja             September 30, 2025 and December 31, 2024,
   tersebut masing-masing sebanyak 2.342 dan 2.390             respectively.
   pada tanggal 30 September 2025 dan 31
   Desember 2024.
   Program pensiun                                             Pension plan
   Program ini memberikan imbalan pasca kerja                  This plan provides pension benefits based on
   berdasarkan penghasilan dasar pensiun dan masa              salaries of the employees and years of service.
   kerja karyawan. Dana pensiun ini dikelola oleh              The pension plan is managed by Dana Pensiun
   Dana Pensiun Cardig Group. Pendanaan program                Cardig Group. The pension plan is funded by
   pensiun berasal dari kontribusi pemberi kerja dan           contributions from both employer and employees.
   karyawan. Pada tanggal 30 September 2025 dan                As of September 30, 2025 and December 31,
   31 Desember 2024, kontribusi pemberi kerja sesuai           2024, the employer contributions are in accordance
   perhitungan aktuaris independen, sementara                  with an actuarial an independent calculations, while
   kontribusi karyawan masing-masing sebesar 5,40%             employee contributions amounted to 5.40% of the
   dari total penghasilan akhir periode.                       total basic pension income, respectively.

   Program ini mencakup lima entitas yang sama-                The pension plan covers five entities under the
   sama dikendalikan entitas induk. Total aset neto            same control of the parent. Total net assets under
   pada Dana Pensiun ini yang dapat diatribusikan              this plan attributable to the employees of the Group
   kepada    karyawan-karyawan      Grup     adalah            was Rp112,349 and Rp117.915 as of September
   Rp112.349 dan Rp117.915 masing-masing pada                  30, 2025 and December 31, 2024, respectively.
   tanggal 30 September 2025 dan 31 Desember
   2024.

   Imbalan    kerja      sesuai     dengan      UU             Employee benefits in accordance with the
   Ketenagakerjaan                                             Labor Law

   Grup juga memberikan imbalan pasca kerja untuk              The Group also provides post-employment benefits
   karyawan yang memenuhi persyaratan sesuai                   covering all its qualifying employees in accordance
   dengan       Undang-undang       Ketenagakerjaan            with the Labor Law as specified in Law No.6 of
   sebagaimana diatur dalam UU No.6 tahun 2023                 2023 and labor agreement with employee.
   dan perjanjian kerja dengan karyawan.




                                                       58
Page 62
                                                                    The original interim consolidated financial statements included herein
                                                                                                           are in the Indonesian language.

      PT CAHAYA AERO SERVICES TBK                                        PT CAHAYA AERO SERVICES TBK
    (D/H PT CARDIG AERO SERVICES TBK)                             (PREVIOUSLY PT CARDIG AERO SERVICES TBK)
           DAN ENTITAS ANAKNYA                                                 AND ITS SUBSIDIARIES
          CATATAN ATAS LAPORAN                                        NOTES TO THE INTERIM CONSOLIDATED
    KEUANGAN KONSOLIDASIAN INTERIM                                           FINANCIAL STATEMENTS
 Tanggal 30 September 2025 dan untuk Periode                      As of September 30, 2025 and for the Nine-months
  Sembilan Bulan yang Berakhir pada Tanggal                                Period Then Ended (Unaudited)
Tersebut (Tidak Diaudit) (Disajikan dalam Jutaan                          (Expressed in Millions of Rupiah,
       Rupiah, Kecuali Dinyatakan Lain)                                       Unless Otherwise Stated)




  Imbalan kerja jangka panjang lainnya                                 Other long term benefits

  Entitas anak juga memberikan imbalan kerja                           The subsidiaries also provide other long-term
  jangka panjang lain berupa uang cuti sebesar 1 kali                  benefits such as long-service leaves of up to 1
  gaji untuk setiap 6 tahun masa kerja.                                month salary of the employee every 6 service
                                                                       years.

  Pada tanggal 31 Desember 2024, perhitungan                           As of December 31, 2024, the cost of providing
  imbalan kerja Perusahaan dihitung oleh Kantor                        employee benefits is calculated by Kantor
  Konsultan Aktuaria Steven & Mourits, aktuaris                        Konsultan Aktuaria Steven & Mourits, an
  independen, sebagaimana tercantum dalam                              independent actuary, as stated in its report dated
  laporan tanggal 14 Januari 2025 Asumsi utama                         January 14, 2025. The actuarial calculations were
  yang digunakan dalam menentukan penilaian                            carried out using the following key assumptions:
  aktuaris adalah sebagai berikut:

                                          30 Sep 2025/                       31 Des 2024/
                                          Sep 30, 2025                       Dec 31, 2024
  Tingkat diskonto per tahun            7.00% - 7.10%                       6.60% - 7.10%                       Discount rate per annum
  Tingkat pengembalian aset program             6.50%                                6.50%                 Expected return on plan assets
  Tingkat kenaikan gaji dan tunjangan                                                                           Salary and other benefits
   Lain-lain per tahun                            5.00%                         4.00% - 6.00%                    Increment rate per annum
  Tabel mortalitas                                            TMI IV 2019                                                    Mortality table
  Tingkat cacat per tahun                    10% dari tingkat mortalita/of the mortality rate                    Disability rate per annum
  Tingkat pengunduran diri                 10% di usia 25 tahun dan menurun linear menjadi                     Resignation rate per annum
                                         0% hingga usia 45 tahun dan 2,5% pada usia 45 tahun
                                         dan menurun linear menjadi 0,25% pada usia 54 tahun/
                                           10% at age 25 years and reducing linearly to 0%
                                              at age 45 years and 2.5% at age 45 years
                                               and decrease linearly to 0.25% at age 54
  Umur Pensiun Normal                                     55 Tahun/ 55 Years                                       Normal Retirement Age


  a.   Liabilitas imbalan kerja jangka pendek :                   a.    Short-term employee benefit liabilitiy:

                                              30 Sep 2025/         31 Des 2024/
                                              Sep 30, 2025         Dec 31, 2024
  Imbalan kerja -                                                                                                 Employee benefits -
    jangka pendek (Catatan 17c)                       39,004               34,564                       current maturities (Note 17c)
  Gaji dan tunjangan lainnya                           2,383                2,941                       Salaries and other allowances
  Total liabilitas imbalan kerja                                                                          Total short-term employee
   jangka pendek                                      41,387               37,505                                 benefit liabilities




                                                           59
Page 63
                                                                                 The original interim consolidated financial statements included herein
                                                                                                                        are in the Indonesian language.

        PT CAHAYA AERO SERVICES TBK                                                   PT CAHAYA AERO SERVICES TBK
      (D/H PT CARDIG AERO SERVICES TBK)                                        (PREVIOUSLY PT CARDIG AERO SERVICES TBK)
             DAN ENTITAS ANAKNYA                                                            AND ITS SUBSIDIARIES
            CATATAN ATAS LAPORAN                                                   NOTES TO THE INTERIM CONSOLIDATED
      KEUANGAN KONSOLIDASIAN INTERIM                                                      FINANCIAL STATEMENTS
   Tanggal 30 September 2025 dan untuk Periode                                 As of September 30, 2025 and for the Nine-months
    Sembilan Bulan yang Berakhir pada Tanggal                                           Period Then Ended (Unaudited)
  Tersebut (Tidak Diaudit) (Disajikan dalam Jutaan                                     (Expressed in Millions of Rupiah,
         Rupiah, Kecuali Dinyatakan Lain)                                                  Unless Otherwise Stated)




      b.    Liabilitas imbalan kerja - jangka panjang :                        b.       Liability for long-term employee benefits:


                                                         30 Sep 2025/            31 Des 2024/
                                                         Sep 30, 2025            Dec 31, 2024
      Imbalan kerja -                                                                                                              Employee benefits -
        jangka panjang (Catatan 17c)                             98,682                   104,886                       long-term maturities (Note 17c)




      c.    Jumlah yang diakui di laporan posisi keuangan                      c.       Amounts recognized in the consolidated
            konsolidasian adalah sebagai berikut:                                       statement of financial position are as follows:
                                                                                    :
                                                      30 September 2025/ September 30, 2025
                                           Imbalan Pasca Kerja/
                                        Post Employment Benefits
                                                      Sesuai dengan UU      Imbalan Kerja
                                    Program Dana      Ketenagakerjaan/     Jangka Panjang
                                   Pensiun/Defined    Accordance with       Lainnya/Other
                                    Pension Plan       the Labor Law      Long-term Benefits         Total

Nilai kini liabilitas                        140,918              97,895                11,222             250,035                   Present value of obligation
Nilai wajar aset program                   (112,349)                   --                    --          (112,349)                     Fair value of plan assets
Total                                         28,569              97,895                11,222             137,686                                         Total
Jangka pendek                               (22,554)              (8,569)               (7,881)              (39,004)                          Current portion
Jangka panjang                                 6,015              89,326                  3,341                98,682                     Non-current portion


                                                       31 Desember 2024/ December 31, 2024
                                           Imbalan Pasca Kerja/
                                        Post Employment Benefits
                                                      Sesuai dengan UU      Imbalan Kerja
                                    Program Dana      Ketenagakerjaan/     Jangka Panjang
                                   Pensiun/Defined    Accordance with       Lainnya/Other
                                    Pension Plan        the Labor Law     Long-term Benefits         Total

Nilai kini liabilitas                        140,553             106,094                10,718            257,365                    Present value of obligation
Nilai wajar aset program                   (116,757)                   --                    --         (116,757)                      Fair value of plan assets
Dampak penerapan batas atas aset              (1,158)                  --                    --            (1,158)         Effect on Application of asset ceiling
Total                                         22,638             106,094                10,718            139,450                                          Total
Jangka pendek                               (22,569)              (9,357)               (2,638)           (34,564)                             Current portion
Jangka panjang                                    69              96,737                  8,080           104,886                         Non-current portion




                                                                       60
Page 64
                                                                                              The original interim consolidated financial statements included herein
                                                                                                                                     are in the Indonesian language.

      PT CAHAYA AERO SERVICES TBK                                                                   PT CAHAYA AERO SERVICES TBK
    (D/H PT CARDIG AERO SERVICES TBK)                                                        (PREVIOUSLY PT CARDIG AERO SERVICES TBK)
           DAN ENTITAS ANAKNYA                                                                            AND ITS SUBSIDIARIES
          CATATAN ATAS LAPORAN                                                                   NOTES TO THE INTERIM CONSOLIDATED
    KEUANGAN KONSOLIDASIAN INTERIM                                                                      FINANCIAL STATEMENTS
 Tanggal 30 September 2025 dan untuk Periode                                                 As of September 30, 2025 and for the Nine-months
  Sembilan Bulan yang Berakhir pada Tanggal                                                           Period Then Ended (Unaudited)
Tersebut (Tidak Diaudit) (Disajikan dalam Jutaan                                                     (Expressed in Millions of Rupiah,
       Rupiah, Kecuali Dinyatakan Lain)                                                                  Unless Otherwise Stated)




  d.     Mutasi nilai kini nilai wajar aset program,                                         d.   Mutasi nilai kini nilai wajar aset program, liabilitas
         liabilitas imbalan pasti dan imbalan kerja                                               imbalan pasti dan imbalan kerja jangka panjang
         jangka panjang lainnya di laporan posisi                                                 lainnya di laporan posisi keuangan konsolidasian
         keuangan konsolidasian adalah sebagai                                                    adalah sebagai berikut
         berikut
                                                                      30 September 2025/ September 30, 2025
                                                  Nilai wajar                                Imbalan Kerja
                                                 Aset Program/        Kewajiban Imbalan    Jangka Panjang
                                                 Fair Value of          Pasti/Defined       Lainnya/Other
                                                  plan assets           Pension Plan      Long-term Benefits          Total

       Saldo awal                                       (117,915)                246,647                10,718                139,450                    Beginning balance
       Perubahan yang dibebankan ke laba rugi                                                                                                Change charge to profit or loss
       Biaya jasa kini                                      1,790                  8,176                 2,217                12,183                     Current service cost
       Biaya bunga                                          3,777                  3,687                   300                  7,764                           Interest cost
       Pendapatan bunga atas aset program                 (4,762)                      --                    --               (4,762)        Interest income on plan assets

        Sub-total                                            805                 11,863                 2,517                  15,185                              Sub-total

       (Laba)/rugi pengukuran kembali yang                                                                                                (Gain)/losses in re-measurement
        dibebankan ke penghaslan                                                                                                           charged to other comprehensive
        komprehensif lain                                                                                                                                           income
       Perubahan aktuaria yang timbul dari                                                                                                  Actuarian changes arising from
        perubahan asumsi keuangan                           2,243                   1,109                    --              3,352        changes in financial assumption
       Penyesuaian pengalaman                             (7,037)                 (5,917)                    --           (12,954)                   Experience adjusment
       Imbal hasil ekspektasi aset program                  1,987                       --                   --              1,987           Expected return on plan asset

        Sub-total                                         (2,807)                 (4,808)                    --               (7,615)                              Sub-total

       Pembayaran manfaat                                      --                 (3,235)               (2,245)               (5,480)                         Benefits paid
       Kontribusi dari pemberi kerja                      (3,854)                      --                    --               (3,854)       Contribution from the employer
       Pembayaran manfaat melalui aset program            11,422                 (11,422)                    --                    --   Payment of benefit from plan assets

        Sub-total                                       (112,349)                239,045                10,990                137,686                              Sub-total

       Dampak penerapan batas asset                              --                     --                   --                    --   Effect on application of asset ceiling

       Saldo akhir                                      (112,349)                239,045                10,990                137,686                       Ending balance




                                                                                61
Page 65
                                                                                     The original interim consolidated financial statements included herein
                                                                                                                            are in the Indonesian language.

        PT CAHAYA AERO SERVICES TBK                                                       PT CAHAYA AERO SERVICES TBK
      (D/H PT CARDIG AERO SERVICES TBK)                                            (PREVIOUSLY PT CARDIG AERO SERVICES TBK)
             DAN ENTITAS ANAKNYA                                                                AND ITS SUBSIDIARIES
            CATATAN ATAS LAPORAN                                                       NOTES TO THE INTERIM CONSOLIDATED
      KEUANGAN KONSOLIDASIAN INTERIM                                                          FINANCIAL STATEMENTS
   Tanggal 30 September 2025 dan untuk Periode                                     As of September 30, 2025 and for the Nine-months
    Sembilan Bulan yang Berakhir pada Tanggal                                               Period Then Ended (Unaudited)
  Tersebut (Tidak Diaudit) (Disajikan dalam Jutaan                                         (Expressed in Millions of Rupiah,
         Rupiah, Kecuali Dinyatakan Lain)                                                      Unless Otherwise Stated)



                                                              31 Desember 2024/ December 31, 2024
                                           Nilai wajar                             Imbalan Kerja
                                          Aset Program/      Kewajiban Imbalan    Jangka Panjang
                                          Fair Value of        Pasti/Defined       Lainnya/Other
                                           plan assets         Pension Plan      Long-term Benefits         Total

Saldo awal                                       (123,452)              252,114               8,958                 137,620                    Beginning balance
Perubahan yang dibebankan ke laba rugi                                                                                             Change charge to profit or loss
Biaya jasa kini                                         --               18,353               5,403                 23,756                     Current service cost
Biaya jasa lalu                                         --                  455                 101                     556                        Post service cost
Biaya bunga                                             --               13,442                 421                 13,863                             Interest cost
Pendapatan bunga atas aset program                 (7,854)                    --                  --                (7,854)        Interest income on plan assets
Penyesuaian liailitas atas                                                                                                                Liability assumed due to
  karyawan transfer - keluar                            --                  (18)                  --                   (18)             employee transferred out
Kontribusi karyawan                                (2,317)                    --                  --                (2,317)           Contribution from employee

 Sub-total                                        (10,171)              32,232               5,925                  27,986                               Sub-total

(Laba)/rugi pengukuran kembali yang                                                                                             (Gain)/losses in re-measurement
 dibebankan ke penghaslan                                                                                                        charged to other comprehensive
 komprehensif lain                                                                                                                                        income
Perubahan aktuaria yang timbul dari                                                                                               Actuarian changes arising from
 perubahan asumsi keuangan                              --               (5,297)                  --                (5,297)     changes in financial assumption
Penyesuaian pengalaman                                  --                 (881)                  --                  (881)                Experience adjusment
Imbal hasil ekspektasi aset program                 8,056                     --                  --                  8,056        Expected return on plan asset

 Sub-total                                          8,056                (6,178)                  --                  1,878                              Sub-total

Pembayaran manfaat                                      --              (13,672)             (4,165)            (17,837)                            Benefits paid
Kontribusi dari pemberi kerja                      (9,039)                    --                  --             (9,039)          Contribution from the employer
Pembayaran manfaat melalui aset program            17,849               (17,849)                  --                  --      Payment of benefit from plan assets

 Sub-total                                       (116,757)             246,647              10,718              140,608                                  Sub-total

Dampak penerapan batas asset                       (1,158)                    --                  --                (1,158)   Effect on application of asset ceiling

Saldo akhir                                      (117,915)              246,647              10,718                 139,450                       Ending balance



     Kategori utama aset program dan tingkat imbal                                      The major categories of plan assets and the rate of
     hasil ekspektasi pada akhir periode pelaporan                                      return at the end of the reporting period for each
     untuk setiap kategori adalah sebagai berikut:                                      category are as follows:

                                                                    Kategori aset neto Dana
                                                                     Pensiun Cardig Group/
                                                                 Categories of net assets under
                                                                  Dana Pensiun Cardig Group
                                                                30 Sep 2025/         31 Des 2024/
                                                                Sep 30, 2025        Dec 31, 2024
      Surat berharga                                                     22,440                  31,134                                     Deposit on Call
      Obligasi                                                           37,111                  32,850                                              Bonds
      Reksadana                                                          26,239                   6,603                                         Mutual fund
      Saham                                                              11,687                  14,335                                             Shares
      Sukuk                                                               4,181                   3,085                                              Sukuk
      Tanah dan bangunan                                                  2,815                   2,815                                  Land and building
      Kas                                                                 2,392                   4,832                                               Cash
      Deposito berjangka                                                      --                 18,000                                      Time deposits
      Lain-lain (dibawah Rp2.000)                                         5,484                   4,261                             Others (below Rp2,000)
      Total                                                            112,349                  117,915                                                      Total




                                                                           62
Page 66
                                                                  The original interim consolidated financial statements included herein
                                                                                                         are in the Indonesian language.

       PT CAHAYA AERO SERVICES TBK                                      PT CAHAYA AERO SERVICES TBK
     (D/H PT CARDIG AERO SERVICES TBK)                           (PREVIOUSLY PT CARDIG AERO SERVICES TBK)
            DAN ENTITAS ANAKNYA                                               AND ITS SUBSIDIARIES
           CATATAN ATAS LAPORAN                                      NOTES TO THE INTERIM CONSOLIDATED
     KEUANGAN KONSOLIDASIAN INTERIM                                         FINANCIAL STATEMENTS
  Tanggal 30 September 2025 dan untuk Periode                    As of September 30, 2025 and for the Nine-months
   Sembilan Bulan yang Berakhir pada Tanggal                              Period Then Ended (Unaudited)
 Tersebut (Tidak Diaudit) (Disajikan dalam Jutaan                        (Expressed in Millions of Rupiah,
        Rupiah, Kecuali Dinyatakan Lain)                                     Unless Otherwise Stated)




18. MODAL SAHAM                                                 18. SHARE CAPITAL

   Komposisi pemegang saham Perusahaan adalah                        The details of share ownership of the Company
   sebagai berikut:                                                  were as follows:
                                                  30 September 2025 /
                                                   September 30 2025
                                                          Persentase
                                                         Kepemilikan/
                                                        Percentage of
                                    Total Saham/          Ownership         Total Modal /
                                  Number of Shares            (%)             Amount
   PT Roket Cipta Sentosa              1,273,041,500            61.000            127,304                    PT Roket Cipta Sentosa
   SATS Investment (II) Pte Ltd          451,830,800            21.650             45,183                 SATS Investment (II) Pte Ltd
   Surono Subekti                        115,455,100             5.532             11,546                            Surono Subekti
   Masyarakat (dibawah 5%)               246,622,600            11.818             24,662                          Public (below 5%)
   Total                               2,086,950,000           100.000            208,695                                         Total


                                                   31 Desember 2024 /
                                                   December 31, 2024
                                                          Persentase
                                                         Kepemilikan/
                                                        Percentage of
                                    Total Saham/          Ownership         Total Modal /
                                  Number of Shares            (%)             Amount
   PT Roket Cipta Sentosa              1,064,346,500            51.000            106,435                   PT Roket Cipta Sentosa
   SATS Investment (II) Pte Ltd          451,830,800            21.650             45,183                SATS Investment (II) Pte Ltd
   Cemerlang Pte Ltd                     211,759,800            10.147             21,176                        Cemerlang Pte Ltd
   Surono Subekti                        108,182,100             5.184             10,818                           Surono Subekti
   Masyarakat (dibawah 5%)               250,830,800            12.019             25,083                         Public (below 5%)
   Total                               2,086,950,000           100.000            208,695                                         Total



   Pengelolaan modal                                                 Capital management

   Grup mengelola risiko modal untuk memastikan                         The Group manages capital risk to ensure that it
   bahwa mereka akan mampu untuk melanjutkan                            will be able to continue as a going concern, in
   keberlangsungan hidup selain memaksimalkan                           addition to maximizing the profit of the
   keuntungan para pemegang saham melalui                               stockholders through the optimization of the
   optimalisasi saldo utang dan ekuitas. Struktur                       balance of debt and equity. The Group’s capital
   modal Grup terdiri dari liabilitas sewa, kas dan                     structure consists of lease liabilities, cash and
   setara kas, dan ekuitas dari entitas induk yang                      cash equivalents, and equity of the parent
   terdiri dari modal yang ditempatkan, tambahan                        consisting of share capital, additional paid-in
   modal disetor, penghasilan komprehensif lain, dan                    capital, other comprehensive income and retained
   saldo laba.                                                          earnings.

   Manejemen secara berkala melakukan reviu                             Management periodically reviews the Group
   struktur permodalan Grup. Sebagai bagian dari                        capital structure. As part of this review,
   reviu ini, manajemen mempertimbangkan biaya                          Management considers the cost of capital and
   permodalan dan risiko yang berhubungan.                              related risk.




                                                          63
Page 67
                                                                           The original interim consolidated financial statements included herein
                                                                                                                  are in the Indonesian language.

       PT CAHAYA AERO SERVICES TBK                                               PT CAHAYA AERO SERVICES TBK
     (D/H PT CARDIG AERO SERVICES TBK)                                    (PREVIOUSLY PT CARDIG AERO SERVICES TBK)
            DAN ENTITAS ANAKNYA                                                        AND ITS SUBSIDIARIES
           CATATAN ATAS LAPORAN                                               NOTES TO THE INTERIM CONSOLIDATED
     KEUANGAN KONSOLIDASIAN INTERIM                                                  FINANCIAL STATEMENTS
  Tanggal 30 September 2025 dan untuk Periode                             As of September 30, 2025 and for the Nine-months
   Sembilan Bulan yang Berakhir pada Tanggal                                       Period Then Ended (Unaudited)
 Tersebut (Tidak Diaudit) (Disajikan dalam Jutaan                                 (Expressed in Millions of Rupiah,
        Rupiah, Kecuali Dinyatakan Lain)                                              Unless Otherwise Stated)




19. TAMBAHAN MODAL DISETOR                                                19. ADDITIONAL PAID-IN CAPITAL

                                                     30 Sep 2025/          31 Des 2024/
                                                     Sep 30, 2025          Dec 31, 2024

                                                                                                               Forex exchange difference
   Selisih kurs atas modal disetor                             2,701                 2,701                              on paid-in capital
   Agio saham                                                 48,017                48,017                                 Share premium
   Selisih kombinasi                                                                                     Difference arising from business
    bisnis entitas sepengendali                            (221,962)            (221,962)             combination under common control
   Lain-lain                                                   1,211                1,211                                           Others
   Total                                                   (170,033)            (170,033)                                                  Total

   Agio saham                                                                Share premium


   Jumlah ini merupakan tambahan modal disetor dari                          This amount represents excess payment on paid-
   pengeluaran saham melalui penawaran umum                                  in capital of issuance shares through public offering
   perdana kepada masyarakat sebesar Rp50.085                                amounted to Rp50,085 net of stock issuance costs
   dikurangi biaya emisi efek sebesar Rp2.068.                               amounting to Rp2,068.

   Selisih kombinasi bisnis entitas sepengendali                             Difference arising from business combinations
                                                                             under common control

   Selisih antara nilai buku historis bagian                                 The difference between the Company’s portion of
   Perusahaan atas aset bersih entitas sepengendali                          the historical carrying amount of net asset of
   yang diakuisisi dengan harga belinya dicatat                              acquired entities under common control and its
   sebagai   selisih   kombinasi     bisnis   entitas                        purchase price are recorded as difference arising
   sepengendali, dengan rincian sebagai berikut:                             from business combination under common control,
                                                                             with details as follows:

                                                                                                               Selisih kombinasi
                                                                                                         bisnis entitas sepengendali/
                                                                                                      Difference arrising from business
      Nama Entitas Anak Diakuisisi/      Tahun Akuisisi/   Nilai Buku/        Harga Beli/               combinations between entities
      Name of Acquired Subsidiaries      Year Acquired     Book Value       Purchase Price                  under common control
                                                                                                     30 Sep 2025/            31 Des 2024/
                                                                                                     Sep 30, 2025            Dec 31, 2024
   PT Jasa Angkasa Semesta Tbk                2009               79,135               161,541                    82,406                     82,406
   PT JAS Aero-Engineering Services           2009               27,058                30,976                     3,918                      3,918
   PT Purantara Mitra Angkasa Dua             2012              (4,417)                25,000                    29,417                     29,417
   PT Purantara Mitra Angkasa Dua             2013             (12,419)                11,500                    23,919                     23,919
   PT Jakarta Aviation Training Centre        2017                8,069                90,371                    82,302                     82,302
   Total                                                                                                        221,962                   221,962




                                                                 64
Page 68
                                                                   The original interim consolidated financial statements included herein
                                                                                                          are in the Indonesian language.

       PT CAHAYA AERO SERVICES TBK                                       PT CAHAYA AERO SERVICES TBK
     (D/H PT CARDIG AERO SERVICES TBK)                            (PREVIOUSLY PT CARDIG AERO SERVICES TBK)
            DAN ENTITAS ANAKNYA                                                AND ITS SUBSIDIARIES
           CATATAN ATAS LAPORAN                                       NOTES TO THE INTERIM CONSOLIDATED
     KEUANGAN KONSOLIDASIAN INTERIM                                          FINANCIAL STATEMENTS
  Tanggal 30 September 2025 dan untuk Periode                     As of September 30, 2025 and for the Nine-months
   Sembilan Bulan yang Berakhir pada Tanggal                               Period Then Ended (Unaudited)
 Tersebut (Tidak Diaudit) (Disajikan dalam Jutaan                         (Expressed in Millions of Rupiah,
        Rupiah, Kecuali Dinyatakan Lain)                                      Unless Otherwise Stated)




20. SELISIH  ATAS    TRANSAKSI               DENGAN              20. DIFFERENCE ARISING FROM TRANSACTION
    KEPENTINGAN NON-PENGENDALI                                       WITH NON-CONTROLLING INTERESTS


                                                30 Sep 2025/       31 Des 2024/
                                                Sep 30, 2025       Dec 31, 2024


   Dilusi kepemilikan Perusahaan                                                                           Dillution of the Company’s
    dalam PMAD                                          89,854               89,854                               ownership in PMAD
   Akuisisi saham AG dari kepentingan                                                                      Acquisition of AG’s shares
    non-pengendali                                   (46,086)              (46,086)                     from non-controlling interest
   Total                                               43,768                43,768                                              Total

   Akuisisi saham AG dari kepentingan non-                           Acquisition of AG’s                   shares       from      non-
   pengendali                                                        controlling interest

   Pada tahun 2012, Perusahaan melakukan                             In 2012, the Company had entered into transaction
   transaksi untuk melakukan pembelian kepentingan                   to acquire the non-controlling interest in CASC with
   non-pengendali pada CASC dengan rincian                           details as follows:
   sebagai berikut:

    Imbalan yang dibayarkan                                     64.895                               Consideration transferred
    Bagian atas nilai aset bersih yang diakuisisi              (18.809)                        Share of the acquired net assets

    Selisih atas transaksi ekuitas dengan                                     Difference arising from equity transaction
      kepemilikan non-pengendali                                 46.086                 with non-controlling interest


   Dilusi kepemilikan Perusahaan dalam PMAD                          Dilution of the Company’s ownership in PMAD

   Pada tahun 2016, PMAD menerbitkan saham baru                      In 2016, PMAD issued new shares which entirely
   yang seluruhnya diambil oleh SATS Catering Pte.                   taken by SATS Catering Pte. Ltd. which resulted
   Ltd yang mengakibatkan peningkatan modal                          into increase PMAD’s paid-in capital. This
   disetor PMAD. Kenaikan ini menyebabkan                            increment led to a decrease in the Company’s
   penurunan persentase kepemilikan Perusahaan                       ownership from 97.92% to 78.33%. Due to this
   dari 97.92% menjadi 78.33%. Atas perubahan                        changes of ownership, the Company recorded
   kepemilikan ini, Perusahaan mencatat nilai sebesar                Rp89,854 as difference arising from transaction
   Rp89.854 sebagai selisih atas transaksi dengan                    with non-controlling interest.
   kepentingan non-pengendali.




                                                         65
Page 69
                                                                      The original interim consolidated financial statements included herein
                                                                                                             are in the Indonesian language.

          PT CAHAYA AERO SERVICES TBK                                       PT CAHAYA AERO SERVICES TBK
        (D/H PT CARDIG AERO SERVICES TBK)                            (PREVIOUSLY PT CARDIG AERO SERVICES TBK)
               DAN ENTITAS ANAKNYA                                                AND ITS SUBSIDIARIES
              CATATAN ATAS LAPORAN                                       NOTES TO THE INTERIM CONSOLIDATED
        KEUANGAN KONSOLIDASIAN INTERIM                                          FINANCIAL STATEMENTS
     Tanggal 30 September 2025 dan untuk Periode                     As of September 30, 2025 and for the Nine-months
      Sembilan Bulan yang Berakhir pada Tanggal                               Period Then Ended (Unaudited)
    Tersebut (Tidak Diaudit) (Disajikan dalam Jutaan                         (Expressed in Millions of Rupiah,
           Rupiah, Kecuali Dinyatakan Lain)                                      Unless Otherwise Stated)




21. KEPENTINGAN NON-PENGENDALI                                       21. NON-CONTROLLING INTERESTS

      Rincian total ekuitas yang dapat diatribusikan                    The details of total equity attributable to non-
      kepada kepentingan non-pengendali entitas anak                    controlling interests of consolidated subsidiaries are
      yang dikonsolidasikan adalah sebagai berikut:                     as follows:

                                             30 Sep 2025/        0    31 Des 2024/
                                             Sep 30, 2025             Dec 31, 2024

      PT Jasa Angkasa Semesta Tbk                    521,259                    513,772              PT Jasa Angkasa Semesta Tbk
      PT Jas Aero-Engineering Services                69,114                      54,467          PT Jas Aero-Engineering Services
      PT Purantara Mitra Angkasa Dua                  33,627                      21,919           PT Purantara Mitra Angkasa Dua
      PT Cinta Airport Flores                          (372)                       (372)                     PT Cinta Airport Flores
      PT Jakarta Aviation Training Centre                  --                   (55,424)         PT Jakarta Aviation Training Centre
      PT Arang Agung Graha                                 --                         (1)                   PT Arang Agung Graha
      Total                                          623,628                    534,361                                             Total
[




      Porsi bagian kepentingan atas ekuitas entitas anak                Portion of subsidiaries equity interest held by
      yang dimiliki oleh Perusahaan disajikan pada                      the Company are disclosed in Note 1c.
      Catatan 1c.

      Pada tanggal 30 September 2025 dan 31                             As of September 30, 2025 and December 31,
      Desember 2024, kepemilikan kepentingan non-                       2024, the non-controlling interest which is
      pengendali    yang  dianggap    material  oleh                    considered material to the Company’s is non-
      Perusahaan adalah kepemilikan kepentingan non-                    controlling ownership interest in PT Jasa Angkasa
      pengendali atas      PT Jasa Angkasa Semesta                      Semesta Tbk.
      Tbk.

      Ringkasan informasi keuangan PT Jasa Angkasa                      The summarized financial information of PT Jasa
      Semesta Tbk di bawah ini disajikan berdasarkan                    Angkasa Semesta Tbk below is provided based
      nilai sebelum eliminasi saldo dan transaksi antar                 on amount before elimination of intercompany
      entitas:                                                          balances and transactions:

                                             30 Sep 2025/            31 Des 2024/
                                             Sep 30, 2025            Dec 31, 2024

      Aset lancar                                 1,198,757              1,198,474                                  Current assets
      Aset tidak lancar                             453,671                528,366                               Non-current assets

      Total aset                                  1,652,428              1,726,840                                       Total assets

      Liabilitas jangka pendek                      485,153                 564,409                              Current liabilities
      Liabilitas jangka panjang                     124,160                 133,369                           Non-current liabilities
      Total liabilitas                              609,313                 697,778                                   Total liabilities




                                                            66
Page 70
                                                                   The original interim consolidated financial statements included herein
                                                                                                          are in the Indonesian language.

       PT CAHAYA AERO SERVICES TBK                                       PT CAHAYA AERO SERVICES TBK
     (D/H PT CARDIG AERO SERVICES TBK)                            (PREVIOUSLY PT CARDIG AERO SERVICES TBK)
            DAN ENTITAS ANAKNYA                                                AND ITS SUBSIDIARIES
           CATATAN ATAS LAPORAN                                       NOTES TO THE INTERIM CONSOLIDATED
     KEUANGAN KONSOLIDASIAN INTERIM                                          FINANCIAL STATEMENTS
  Tanggal 30 September 2025 dan untuk Periode                     As of September 30, 2025 and for the Nine-months
   Sembilan Bulan yang Berakhir pada Tanggal                               Period Then Ended (Unaudited)
 Tersebut (Tidak Diaudit) (Disajikan dalam Jutaan                         (Expressed in Millions of Rupiah,
        Rupiah, Kecuali Dinyatakan Lain)                                      Unless Otherwise Stated)



   Ringkasan laporan laba rugi dan penghasilan                       Summarized statements of profit or loss and other
   komprehensif lain:                                                comprehensive income:


                                           30 Sep 2025/           30 Sep 2024/
                                           Sep 30, 2025           Sep 30, 2024

    Pendapatan                                   1,857,631              1,630,556                                      Revenues
    Beban operasi                              (1,286,232)            (1,145,870)                        Operating expenses
    Pendapatan lain-lain                            22,577                  6,870                                 Other income
    Laba sebelum pajak penghasilan                 593,976                491,556                     Profit before income tax
    Beban pajak penghasilan                      (124,839)              (108,118)                        Income tax expense
    Laba tahun berjalan                            469,137                383,438                             Profit for the year
    Penghasilan komprehensif lain                    5,847                  3,440               Other comprehensive income
    Total laba komprehensif                                                                    Total comprehensive income
     tahun berjalan                               474,984                 386,878                               for the year


   Ringkasan laporan arus kas:                                       Summarized statements of cashflows:


                                           30 Sep 2025/           30 Sep 2024/
                                           Sep 30, 2025           Sep 30, 2024


    Kegiatan operasi                               443,440                556,160                         Operating activities
    Kegiatan investasi                               1,467                 (5,738)                         Investing activities
    Kegiatan pendanaan                           (509,123)              (237,685)                         Financing activities
    Kenaikan (penurunan) neto                                                                       Net increase (decrease)
     kas dan setara kas                           (64,216)                312,737          in cash and cash equivalents




22. PENDAPATAN       DARI     KONTRAK     DENGAN                  22. REVENUES              FROM           CONTRACT              WITH
    PELANGGAN                                                         CUSTOMERS

                                              30 Sep 2025/            30 Sep 2024/
                                              Sep 30, 2025            Sep 30, 2024
                                           (9 Bulan/ Months )      (9 Bulan/ Months )

   Jasa penanganan kargo dan darat                  1,857,526                 1,630,446             Cargo and ground handling services
   Jasa katering                                      338,137                   238,976                               Catering services
   Jasa rilis dan perbengkelan                                                                                      Aircraft release and
      pesawat udara                                    177,612                  143,052                         maintenance services
   Jasa pelatihan penerbangan                                --                   6,654                       Aviation training services
   Total                                            2,373,275                 2,019,128                                                Total


   Tidak terdapat pendapatan usaha dari satu pihak                   No revenue transactions with one party exceeded
   yang melebihi 10% dari jumlah pendapatan.                         10% of the total revenue.

   Liabilitas kontrak pada 30 September 2025 sebesar                 Contract liabilities as of September 30, 2025 was
   Rp19.877 (31 Desember 2024: Rp40.326).                            Rp19,877 (December 31, 2024: Rp40,326).

                                                         67
Page 71
                                                                  The original interim consolidated financial statements included herein
                                                                                                         are in the Indonesian language.

       PT CAHAYA AERO SERVICES TBK                                      PT CAHAYA AERO SERVICES TBK
     (D/H PT CARDIG AERO SERVICES TBK)                           (PREVIOUSLY PT CARDIG AERO SERVICES TBK)
            DAN ENTITAS ANAKNYA                                               AND ITS SUBSIDIARIES
           CATATAN ATAS LAPORAN                                      NOTES TO THE INTERIM CONSOLIDATED
     KEUANGAN KONSOLIDASIAN INTERIM                                         FINANCIAL STATEMENTS
  Tanggal 30 September 2025 dan untuk Periode                    As of September 30, 2025 and for the Nine-months
   Sembilan Bulan yang Berakhir pada Tanggal                              Period Then Ended (Unaudited)
 Tersebut (Tidak Diaudit) (Disajikan dalam Jutaan                        (Expressed in Millions of Rupiah,
        Rupiah, Kecuali Dinyatakan Lain)                                     Unless Otherwise Stated)




23. BEBAN USAHA                                                  23. OPERATING EXPENSES


                                               30 Sep 2025/          30 Sep 2024/
                                               Sep 30, 2025          Sep 30, 2024
                                            (9 Bulan/ Months )    (9 Bulan/ Months )

   Penanganan kargo dan darat                       1,203,139               1,085,083                 Cargo and ground handling
   Katering                                           306,269                 210,159                                     Catering
   Rilis dan perbengkelan pesawat udara               139,924                 114,520           Aircraft release and maintenance
   Umum dan administrasi                               37,222                  35,253                 General and administrative
   Pelatihan penerbangan                                    --                  6,080                             Aviation training

   Total                                            1,686,554               1,451,095                                            Total

   a.   Beban Penanganan Kargo dan Darat                            a.    Cargo and Ground Handling Expenses

                                              30 Sep 2025/           30 Sep 2024/
                                              Sep 30, 2025           Sep 30, 2024
                                           (9 Bulan/ Months )     (9 Bulan/ Months )

  Gaji dan tunjangan                                 360,769                   344,673           Salary and employee benefits
  Biaya bersama cargo                                315,758                   306,841                     Cargo sharing cost
  Penyusutan (Catatan 11 dan 16)                      93,956                    82,310          Depreciation (Note 11 and 16)
  Jasa keamanan                                       59,775                    50,659                        Security services
  Transportasi                                        37,922                    34,472                          Transportation
  Lain-lain (dibawah Rp25.000)                       334,959                   266,128               Others (below Rp25,000)
  Total                                             1,203,139               1,085,083                                            Total

   b.   Beban Katering                                              b.    Catering Expenses

                                             30 Sep 2025/            30 Sep 2024/
                                             Sep 30, 2025            Sep 30, 2024
                                          (9 Bulan/ Months )      (9 Bulan/ Months )

   Makanan dan minuman                               262,161                    182,795                     Food and beverages
   Gaji dan tunjangan                                 14,601                     10,612          Salaries and employee benefits
   Penyusutan (Catatan 11 dan 16)                      9,413                      6,949          Depreciation (Note 11 and 16)
   Lain-lain (di bawah Rp6.000)                       20,094                      9,803                  Others (below Rp6,000)
   Total                                             306,269                    210,159                                           Total




                                                         68
Page 72
                                                                   The original interim consolidated financial statements included herein
                                                                                                          are in the Indonesian language.

      PT CAHAYA AERO SERVICES TBK                                        PT CAHAYA AERO SERVICES TBK
    (D/H PT CARDIG AERO SERVICES TBK)                             (PREVIOUSLY PT CARDIG AERO SERVICES TBK)
           DAN ENTITAS ANAKNYA                                                 AND ITS SUBSIDIARIES
          CATATAN ATAS LAPORAN                                        NOTES TO THE INTERIM CONSOLIDATED
    KEUANGAN KONSOLIDASIAN INTERIM                                           FINANCIAL STATEMENTS
 Tanggal 30 September 2025 dan untuk Periode                      As of September 30, 2025 and for the Nine-months
  Sembilan Bulan yang Berakhir pada Tanggal                                Period Then Ended (Unaudited)
Tersebut (Tidak Diaudit) (Disajikan dalam Jutaan                          (Expressed in Millions of Rupiah,
       Rupiah, Kecuali Dinyatakan Lain)                                       Unless Otherwise Stated)



  c.   Beban Rilis dan Perbengkelan Pesawat Udara                    c.    Aircraft Release and Maintenance Expenses

                                         30 Sep 2025/                30 Sep 2024/
                                         Sep 30, 2025                Sep 30, 2024
                                      (9 Bulan/ Months )          (9 Bulan/ Months )

  Gaji dan tunjangan                                68,261                         52,247         Salaries and employee benefits
  Sewa                                              12,832                         12,941                                 Rental
  Penyusutan (Catatan 11 dan 16)                    10,069                          7,723          Depreciation (Note 11 and 16)
  Lain-lain (di bawah Rp6.000)                      48,762                         41,609                 Others (below Rp6,000)
  Total                                            139,924                        114,520                                          Total



  d.   Beban Umum dan Administrasi                                   d.    General and Administrative Expenses

                                         30 Sep 2025/                30 Sep 2024/
                                         Sep 30, 2025                Sep 30, 2024
                                      (9 Bulan/ Months )          (9 Bulan/ Months )

  Gaji dan tunjangan                                30,430                         28,508         Salaries and employee benefits
  Penyusutan (Catatan 11 dan 16)                     1,556                          1,350          Depreciation (Note 11 and 16)
  Lain-lain (di bawah Rp1.000)                       5,236                          5,395                 Others (below Rp1,000)
  Total                                             37,222                         35,253                                          Total


  e.   Beban Pelatihan Penerbangan                                           e.    Aviation Training Expenses

                                          30 Sep 2025/                 30 Sep 2024/
                                          Sep 30, 2025                 Sep 30, 2024
                                       (9 Bulan/ Months )           (9 Bulan/ Months )

  Gaji dan tunjangan                                         --                       2,040                   Salary and allowances
  Penyusutan (Catatan 11 dan 16)                             --                         981            Depreciation (Note 11 and 16)
  Lain-lain (di bawah Rp1.000)                               --                       3,059                 Others (below Rp1,000)
  Total                                                      --                       6,080                                           Total




                                                      69
Page 73
                                                                               The original interim consolidated financial statements included herein
                                                                                                                      are in the Indonesian language.

       PT CAHAYA AERO SERVICES TBK                                                   PT CAHAYA AERO SERVICES TBK
     (D/H PT CARDIG AERO SERVICES TBK)                                        (PREVIOUSLY PT CARDIG AERO SERVICES TBK)
            DAN ENTITAS ANAKNYA                                                            AND ITS SUBSIDIARIES
           CATATAN ATAS LAPORAN                                                   NOTES TO THE INTERIM CONSOLIDATED
     KEUANGAN KONSOLIDASIAN INTERIM                                                      FINANCIAL STATEMENTS
  Tanggal 30 September 2025 dan untuk Periode                                 As of September 30, 2025 and for the Nine-months
   Sembilan Bulan yang Berakhir pada Tanggal                                           Period Then Ended (Unaudited)
 Tersebut (Tidak Diaudit) (Disajikan dalam Jutaan                                     (Expressed in Millions of Rupiah,
        Rupiah, Kecuali Dinyatakan Lain)                                                  Unless Otherwise Stated)




24. PENDAPATAN OPERASI LAIN DAN BEBAN                                         24. OTHER OPERATING INCOME AND OTHER
    OPERASI LAIN                                                                  OPERATING EXPENSES

   Pendapatan operasi lain dan beban operasi lain                                 Other operating income and other operating
   terdiri dari:                                                                  expenses consists of the following;

                                                    30 Sep 2025/           30 Sep 2024/
                                                    Sep 30, 2025           Sep 30, 2024
                                                 (9 Bulan/ Months )     (9 Bulan/ Months )

   Pendapatan operasi lain                                                                                         Other operating income
   Pendapatan atas                                                                                       Income from disposal subsidiaries
    pelepasan entitas anak - JATC                            58,810                        --                                    - JATC
   Laba selisih kurs                                         10,552                        --                   Gain on foreign exchange
   Pemulihan piutang yang
      telah dihapusbukukan                                    7,775                        --           Recovery of written-off receivables
   Keuntungan atas penjualan atau                                                                                 Gain on sale or disposal
    penghapusan aset tetap (Catatan 11)                         219                       --                    of fxed asset (Notes 11)
    Pinjaman kepada pihak-pihak berelasi                          --                216,815                    Due from related parties
   Tagihan denda atas pinjaman                                                                          Penalty charged in relation to due
      kepada pihak-pihak berelasi                                 --                 16,350                           from related party
   Pembalikan pencadangan yang                                                                           Reversal on unrealised provision
    tidak terealisasi                                             --                  8,643
   Lain-lain                                                  4,866                   1,309                                   Miscellaneous
   Total                                                     82,222                 243,117                                            Total


   Beban operasi lain                                                                                            Other operating expenses
   Kerugian pengalihan piutang                               18,133                        --                loss on transfer of receivables
   Penyisihan penurunan                                                                                           Allowance for impairment
     nilai piutang                                                --                187,827                                 of receivables
   Rugi selisih kurs                                              --                  5,100                       loss on foreign exchange
   Kerugian atas penjualan atau                                                                                    Loss on sale or disposal
    penghapusan aset tetap (Catatan 11)                           --                    426                      of fixed asset (Note 11)
   Lain-lain                                                 14,604                   2,040                                   Miscellaneous
   Total                                                     32,737                 195,393                                            Total



25. LABA PER SAHAM                                                            25. PROFIT PER SHARE
                                                         30 Sep 2025/             30 Sep 2024/
                                                         Sep 30, 2025             Sep 30, 2024
                                                      (9 Bulan/ Months )       (9 Bulan/ Months )

   Laba periode berjalan yang dapat                                                                                              Profit for the period
    diatribusikan kepada pemilik Entitas Induk                   357,798                  260,536             attributable to owners of the Parent
   Rata-rata tertimbang jumlah saham                                                                         Weighted average number of ordinary
    biasa yang beredar (jumlah saham)                                                                      shares outstanding (number of shares)
    (catatan 18)                                           2,086,950,000            2,086,950,000                                      (Note 18)

   Laba per saham dasar                                                                                                       Basic profit per shares
    (angka penuh)                                                       171                     125                                    (full amount)


   Grup tidak memiliki efek berpotensi saham yang                                 The Group did not have any dilutive potential
   bersifat dilutif sehingga tidak ada dampak dilusian                            shares, as such, there was no dilutive impact to the
   pada perhitungan laba per saham.                                               calculation of earnings per share.

                                                                       70
Page 74
                                                                                      The original interim consolidated financial statements included herein
                                                                                                                             are in the Indonesian language.

       PT CAHAYA AERO SERVICES TBK                                                         PT CAHAYA AERO SERVICES TBK
     (D/H PT CARDIG AERO SERVICES TBK)                                              (PREVIOUSLY PT CARDIG AERO SERVICES TBK)
            DAN ENTITAS ANAKNYA                                                                  AND ITS SUBSIDIARIES
           CATATAN ATAS LAPORAN                                                         NOTES TO THE INTERIM CONSOLIDATED
     KEUANGAN KONSOLIDASIAN INTERIM                                                            FINANCIAL STATEMENTS
  Tanggal 30 September 2025 dan untuk Periode                                       As of September 30, 2025 and for the Nine-months
   Sembilan Bulan yang Berakhir pada Tanggal                                                 Period Then Ended (Unaudited)
 Tersebut (Tidak Diaudit) (Disajikan dalam Jutaan                                           (Expressed in Millions of Rupiah,
        Rupiah, Kecuali Dinyatakan Lain)                                                        Unless Otherwise Stated)




26. SIFAT DAN TRANSAKSI PIHAK BERELASI                                            26. NATURE AND TRANSACTION WITH RELATED
                                                                                      PARTIES

   Transaksi dengan pihak berelasi                                                       Transactions with related parties
   Dalam kegiatan usahanya, Grup melakukan                                               In the normal course of business, the Group
   transaksi tertentu dengan pihak-pihak berelasi,                                       entered into certain transactions with related
   yang meliputi:                                                                        parties, including the following:

   a.      Perusahaan memberikan manfaat terdiri dari                                    a.      The Company provides benefits which consist
           manfaat jangka pendek untuk anggota Dewan                                             of short-term benefits to the Board of
           Komisaris dan Direksi Grup sebagai berikut:                                           Commissioners and Directors of the Group as
                                                                                                 follows:
                                                  30 Sep 2025/                      30 Sep 2024/
                                                  Sep 30, 2025                      Sep 30, 2024
                                               (9 Bulan/ Months )                (9 Bulan/ Months )

   Gaji dan kompensasi                                                                                                   Salaries and compensations
    Direksi                                                        33,522                             28,123                              Directors
    Komisaris                                                       7,179                              4,957                        Commissioners
   Total                                                           40,701                             33,080                                      Total


   b.      Personil manajemen kunci Grup                     adalah                      b.      Key management personnel of the Group are
           anggota Dewan Komisaris dan                       Direksi                             members of the Board of Commissioners and
           Perusahaan dan entitas anak.                                                          Directors of the Company and subsidiaries.

   c.      Transaksi dan saldo dengan pihak-pihak                                        c.      Transactions and balances with related parties
           berelasi terdiri dari piutang lain-lain dan utang                                     consist of other receivables and other payable.
           lain-lain.

                                                                                    Persentase terhadap total aset/
                                                                                      Percentage to total assets
                                       30 Sep 2025/        31 Des 2024/         30 Sep 2025/            31 Des 2024/
                                       Sep 30, 2025        Dec 31, 2024         Sep 30, 2025            Dec 31, 2024


   Piutang lain-lain (Catatan 6)                                                                                                        Other receivable (Note 6)
   Entitas sepengendali                                                                                                             Entities under common control
     SATS Airport Services Pte. Ltd.              34                 242                   0.00%                    0.01%         SATS Airport Services Pte. Ltd.
   Total                                          34                 242                   0.00%                    0.01%                                   Total


                                                                                 Persentase terhadap total liabilitas/
                                                                                    Percentage to total liabilities
                                       30 Sep 2025/        31 Des 2024/         30 Sep 2025/            31 Des 2024/
                                       Sep 30, 2025        Dec 31, 2024         Sep 30, 2025            Dec 31, 2024
   Utang usaha (Catatan 15)                                                                                                           Account payable5 (Note 15)
   Entitas sepengendali                                                                                                              Entities under common control
     SATS Airport Services Pte. Ltd.                  --             236                   0.00%                     0.02%         SATS Airport Services Pte. Ltd.

   Total                                              --             236                      0.00%                  0.02%                                  Total




                                                                           71
Page 75
                                                                       The original interim consolidated financial statements included herein
                                                                                                              are in the Indonesian language.

       PT CAHAYA AERO SERVICES TBK                                       PT CAHAYA AERO SERVICES TBK
     (D/H PT CARDIG AERO SERVICES TBK)                            (PREVIOUSLY PT CARDIG AERO SERVICES TBK)
            DAN ENTITAS ANAKNYA                                                AND ITS SUBSIDIARIES
           CATATAN ATAS LAPORAN                                       NOTES TO THE INTERIM CONSOLIDATED
     KEUANGAN KONSOLIDASIAN INTERIM                                          FINANCIAL STATEMENTS
  Tanggal 30 September 2025 dan untuk Periode                     As of September 30, 2025 and for the Nine-months
   Sembilan Bulan yang Berakhir pada Tanggal                               Period Then Ended (Unaudited)
 Tersebut (Tidak Diaudit) (Disajikan dalam Jutaan                         (Expressed in Millions of Rupiah,
        Rupiah, Kecuali Dinyatakan Lain)                                      Unless Otherwise Stated)



27. PERJANJIAN KERJASAMA DAN IKATAN YANG                          27. SIGNIFICANT                      AGREEMENTS                     AND
    SIGNIFIKAN                                                        COMMITMENT
   a.   JAS mengadakan perjanjian jasa penanganan                        a.    JAS entered into entered into ground handling
        darat      dengan      beberapa       maskapai                         services agreements with various airlines such
        penerbangan seperti Singapore Airlines Ltd.,                           as Singapore Airlines Ltd., Cathay Pacific
        Cathay Pacific Airways, Emirates Airlines,                             Airways, Emirates Airlines, Saudi Arabian
        Saudi Arabian Airlines, Airfast Indonesia,                             Airlines, Airfast Indonesia, Turkish Airlines,
        Turkish Airlines, Qatar Airways, All Nippon                            Qatar Airways, All Nippon Airways, Eva Air,
        Airways, Eva Air, Etihad Airways, Qantas                               Etihad Airways, Qantas Airways, Philippine
        Airways, Philippine Airlines, China Eastern                            Airlines, China Eastern Airlines Co. Ltd.,
        Airlines Co. Ltd., Malaysia Airlines Berhad,                           Malaysia Airlines Berhad, Asiana Airlines Inc.,
        Asiana Airlines Inc., Jetstar Airways Pty. Ltd.,                       Jetstar Airways Pty. Ltd., Jetstar Asia Airways
        Jetstar Asia Airways Pte. Ltd., Virgin Australia                       Pte. Ltd., Virgin Australia Airlines, Cebu Pacific
        Airlines, Cebu Pacific Air, PT Indonesia Air                           Air, PT Indonesia Air Asia, Sriwijaya Airways,
        Asia, Sriwijaya Airways, Transnusa Aviation,                           Transnusa Aviation, K-Mile Air CO Ltd., China
        K-Mile Air CO Ltd., China Cargo Airlines Ltd,                          Cargo Airlines Ltd, AHK Air Hongkong Ltd,
        AHK Air Hongkong Ltd, Cargolux Airlines                                Cargolux Airlines International SA, National
        International SA, National Airlines, Nam Air,                          Airlines, Nam Air and Oman Air. JAS
        dan Oman Air. JAS memperoleh pendapatan                                generates revenue from ground handling
        atas jasa penanganan darat sesuai dengan                               services with above airlines in accordance with
        tarif yang disepakati dalam perjanjian dengan                          the rates stipulated in the agreements.
        maskapai penerbangan di atas.

   b.   JAS mengadakan beberapa perpanjangan                             b.    JAS entered into several extension concession
        perjanjian konsesi usaha dengan PT Angkasa                             agreements with PT Angkasa Pura Indonesia
        Pura Indonesia sehubungan dengan jasa                                  in connection with ground handling services in
        penanganan darat di beberapa bandar udara                              various airports in Indonesia as follows:
        di Indonesia sebagai berikut:

                                                   Perjanjian Sampai Dengan/
         Bandar Udara                               Agreement is Valid Until                                                          Airport
        PT Angkasa Pura Indonesia                                                                         PT Angkasa Pura Indonesia
         Juanda                                                 2027                                                          Juanda
         Ngurah Rai                                             2027                                                       Ngurah Rai
         Kulon Progo                                            2025                                                      Kulon Progo
         Sepinggan                                              2026                                                       Sepinggan
         Soekarno-Hatta                                         2026                                                  Soekarno-Hatta

        Beban yang timbul atas perjanjian ini dicatat                          Expenses related to these agreements were
        sebagai beban usaha (Catatan 23).                                      recorded under operating expenses (Note 23).

   c.   JAS mengadakan perpanjangan perjanjian                           c.    JAS entered into revenue sharing extension
        kerjasama bagi hasil dengan PT Angkasa Pura                            agreements with PT Angkasa Pura Indonesia
        Indonesia     untuk   melakukan   kerjasama                            in connection with handling of international
        pengelolaan     terminal  kargo  dan     pos                           cargo terminal and international post.
        internasional.

                                                   Perjanjian Sampai Dengan/
         Bandar Udara                               Agreement is Valid Until                                                         Airport

        PT Angkasa Pura Indonesia                                                                        PT Angkasa Pura Indonesia)
         Juanda                                                 2028                                                         Juanda
         Ngurah Rai                                             2028                                                      Ngurah Rai
         Soekarno-Hatta                                         2026                                                 Soekarno-Hatta




                                                           72
Page 76
                                                              The original interim consolidated financial statements included herein
                                                                                                     are in the Indonesian language.

      PT CAHAYA AERO SERVICES TBK                                   PT CAHAYA AERO SERVICES TBK
    (D/H PT CARDIG AERO SERVICES TBK)                        (PREVIOUSLY PT CARDIG AERO SERVICES TBK)
           DAN ENTITAS ANAKNYA                                            AND ITS SUBSIDIARIES
          CATATAN ATAS LAPORAN                                   NOTES TO THE INTERIM CONSOLIDATED
    KEUANGAN KONSOLIDASIAN INTERIM                                      FINANCIAL STATEMENTS
 Tanggal 30 September 2025 dan untuk Periode                 As of September 30, 2025 and for the Nine-months
  Sembilan Bulan yang Berakhir pada Tanggal                           Period Then Ended (Unaudited)
Tersebut (Tidak Diaudit) (Disajikan dalam Jutaan                     (Expressed in Millions of Rupiah,
       Rupiah, Kecuali Dinyatakan Lain)                                  Unless Otherwise Stated)



       Beban yang timbul atas perjanjian ini dicatat                  Expenses related to these agreements were
       sebagai beban usaha (Catatan 23).                              recorded under operating expenses (Note 23).

       Pada tanggal 1 November 2022, JAS                              On November 1, 2022, JAS entered into an
       mengadakan perjanjian dengan PT Angkasa                        agreement with PT Angkasa Pura Indonesia,
       Pura Indonesia untuk melakukan kerjasama                       to cooperate in management of international
       pengelolaan     terminal   kargo    dan    pos                 cargo and postal terminals at Juanda Airport
       internasional di Bandara Juanda dengan                         with maximum period up to 2028. On the same
       jangka waktu paling lama sampai dengan                         date, JAS also entered into agreement with
       tahun 2028. Pada tanggal yang sama JAS                         PT Angkasa Pura Indonesia, to cooperate in
       juga mengadakan perjanjian dengan PT                           the management of international cargo and
       Angkasa Pura Indonesia untuk melakukan                         postal terminals at I Gusti Ngurah Rai Airport
       kerjasama pengelolaan terminal kargo dan pos                   with maximum period up to 2028. In relation
       internasional di Bandara I Gusti Ngurah Rai                    with the agreement, JAS is required to pay
       dengan jangka waktu paling lama sampai                         security deposits and prepaid long-term
       dengan tahun 2028. Sehubungan dengan                           concession fee which will be amortized in
       perjanjian tersebut, JAS juga diharuskan untuk                 accordance with the terms under the
       membayar uang jaminan dan biaya di muka                        agreement (Note 13).
       yang akan diamortisasi sesuai dengan
       ketentuan dalam perjanjian (Catatan 13).

       Beban yang timbul atas perjanjian ini dicatat                  Expenses related to these agreements were
       sebagai beban usaha (Catatan 23).                              recorded under operating expenses (Note 23).

  d.   JAS mengadakan perjanjian kerjasama                      d.    JAS entered into a cooperation agreement with
       dengan KSO HLP mengenai pemanfaatan                            Joint Operation of HLP regarding the utilization
       fasilitas komersial di Bandara International                   of     commercial     facilities  at      Halim
       Halim Perdanakusuma, Jakarta dengan jangka                     Perdanakusuma International Airport, Jakarta,
       waktu dari tanggal 18 Mei 2025 sampai                          with a term from May 18, 2025 to
       dengan 17 Mei 2027.                                            May 17, 2027.

  e.   JAS mengadakan perjanjian kerjasama                      e. JAS entered into a cooperation agreement with
       dengan PT Bandar Udara Internasional Jawa                   PT Bandar Udara Internasional Jawa Barat
       Barat mengenai Sewa Ruang Usaha Jasa                        regarding the utilization of commercial facilities
       Terkait di Bandar Udara Internasional Jawa                  at West Java, Kertajati International Airport,
       Barat Kertajati dengan jangka waktu dari                    Jakarta, with a term from May, 15 2025 until
       tanggal 15 Mei 2025 sampai dengan 14 Mei                    May 14, 2027.
       2027.

  f.   JAS mengadakan Perjanjian Kerjasama                      f.    JAS entered into a cooperation agreement on
       Keamanan Kargo dan Pos yang diangkut                           air cargo and postal security, and
       dengan pesawat udara, dan one billing system                   one billing system with PT Fajar Anugerah
       dengan PT Fajar Anugerah Semesta yang                          Semesta starting October 1, 2012 until
       dimulai pada tanggal 1 Oktober 2012 sampai                     December 31, 2012 and was extended on
       dengan 31 Desember 2012 dan telah                              January 1, 2014 until both parties agree to
       diperpanjang pada 1 Januari 2014 dan akan                      terminate this agreement. Based on this
       berakhir jika ada kesepakatan dari kedua                       agreement, JAS receives compensation for
       pihak. Berdasarkan perjanjian tersebut, JAS                    inspection of air cargo and postal services
       mendapatkan kompensasi atas pemeriksaan                        carried out by PT Fajar Anugerah Semesta in
       kargo dan pos yang diangkut dengan pesawat                     JAS’s warehouse.
       udara, yang dilaksanakan oleh PT Fajar
       Anugerah Semesta di area gudang milik JAS




                                                        73
Page 77
                                                                The original interim consolidated financial statements included herein
                                                                                                       are in the Indonesian language.

      PT CAHAYA AERO SERVICES TBK                                     PT CAHAYA AERO SERVICES TBK
    (D/H PT CARDIG AERO SERVICES TBK)                          (PREVIOUSLY PT CARDIG AERO SERVICES TBK)
           DAN ENTITAS ANAKNYA                                              AND ITS SUBSIDIARIES
          CATATAN ATAS LAPORAN                                     NOTES TO THE INTERIM CONSOLIDATED
    KEUANGAN KONSOLIDASIAN INTERIM                                        FINANCIAL STATEMENTS
 Tanggal 30 September 2025 dan untuk Periode                   As of September 30, 2025 and for the Nine-months
  Sembilan Bulan yang Berakhir pada Tanggal                             Period Then Ended (Unaudited)
Tersebut (Tidak Diaudit) (Disajikan dalam Jutaan                       (Expressed in Millions of Rupiah,
       Rupiah, Kecuali Dinyatakan Lain)                                    Unless Otherwise Stated)



  g.   Pada tanggal 11 April 2014, JAS mengadakan                 g. On April 11, 2014, JAS entered into an
       perjanjian dengan PT Angkasa Pura Indonesia                   agreement with PT Angkasa Pura Indonesia
       atas sewa lounge dan pembagian pendapatan.                    for lounge rental and revenue sharing. This
       Perjanjian ini dimulai dari tanggal 1 September               agreement started on September 1, 2014 and
       2014 dan berlaku untuk 5 tahun hingga                         valid for 5 years until September 1, 2019. The
       1 September 2019. Perjanjian tersebut                         renewal agreement was extended until
       kemudian diperpanjang hingga 30 April 2028.                   April 30, 2028.

  h.   Pada tanggal 27 Mei 2010, JAS mengadakan                   h. On May 27, 2010, JAS entered into an
       perjanjian dengan PT Sanggraha Daksamitra                     agreement with PT Sanggraha Daksamitra for
       atas perjanjian sewa Wisma Soewarna.                          Wisma Soewarna lease agreement. This
       Perjanjian ini telah diperpanjang beberapa kali,              agreement has been extended several times
       dimana perpanjangan terakhir dibuat pada                      which the last agreement was extended from
       tanggal 1 Januari 2024 hingga 31 Desember                     January 1, 2024 until December 31, 2026. . As
       2026. Per 31 Agustus 2025, perjanjian                         of August 31, 2025, the agreement was
       tersebut    diakhiri    oleh   PT    Sanggraha                terminated by PT Sanggraha Daksamitra due
       Daksamitra dikarenakan pergantian pemilik                     to the change of property ownership (landlord)
       properti (Landlord) dari PT Sanggraha                         from PT Sanggraha Daksamitra to PT
       Daksamitra menjadi PT Republik Manor                          Republik Manor Propertindo. As of September
       Propertindo. Per 1 September 2025, JAS                        1, 2025, JAS entered into a lease agreement
       mengadakan perjanjian dengan PT Republik                      with PT Republik Manor Propertindo for the
       Manor Propertindo atas perjanjian sewa                        lease of Wisma Soewarna, which shall remain
       Wisma Soewarna yang berakhir sampai 31                        valid until December 31, 2026.
       Desember 2026.
  i.   Pada tanggal 15 Agustus 2019, PMAD dengan                  i.    On August 15, 2019, PMAD and PT Angkasa
       PT Angkasa Pura Indonesia, salah satu                            Pura Indonesia, one of the shareholders of the
       pemegang saham PMAD, memperbaharui                               PMAD, renewed the land agreement for land
       perjanjian sewa penggunaan atas tanah yang                       use controlled by PT Angkasa Pura Indonesia,
       dikuasai oleh PT Angkasa Pura Indonesia                          located at International Airport Soekarno-
       yang berlokasi di Bandar Udara Internasional                     Hatta, Tangerang, with total area of 14,758 m2.
       Soekarno-Hatta, Tangerang, dengan total luas                     Use of land leases have a term of 5 years
       14.758 m2. Sewa penggunaan tanah ini                             starting May 1, 2020.
       berjangka waktu 5 tahun terhitung sejak
       1 Mei 2020.

       Sampai dengan tanggal penyelesaian laporan                       As of the date completion of the interim
       keuangan konsolidasian interim, PMAD masih                       consolidated financial statements, JAS still in
       dalam proses memperpanjang PT Angkasa                            process renewed its contract with PT Angkasa
       Pura Indonesia.                                                  Pura Indonesia.

  j.   Perusahaan,       JAS,      JAE,       PMAD                j.    The Company, JAS, JAE, PMAD signed insure
       mengasuransikan asuransi kerugian pihak                          for third party liabilities and other aviation
       ketiga dan jasa aviasi lainnya, nilai                            products or services, sum insured coverage
       pertanggungan dan premi asuransi telah diatur                    and premium expenses have been stipulated
       dalam polis asuransi gabungan tersebut.                          in the joint insurance policy. The joint
       Perjanjian   asuransi   gabungan     tersebut                    insurance policy is extended annually and until
       diperpanjang setiap tahun dan sampai dengan                      the date of the financial statements, which
       tanggal laporan keuangan ini, jangka waktu                       valid until February 2, 2026.
       berlaku sampai dengan 2 Februari 2026.




                                                          74
Page 78
                                                                    The original interim consolidated financial statements included herein
                                                                                                           are in the Indonesian language.

       PT CAHAYA AERO SERVICES TBK                                        PT CAHAYA AERO SERVICES TBK
     (D/H PT CARDIG AERO SERVICES TBK)                             (PREVIOUSLY PT CARDIG AERO SERVICES TBK)
            DAN ENTITAS ANAKNYA                                                 AND ITS SUBSIDIARIES
           CATATAN ATAS LAPORAN                                        NOTES TO THE INTERIM CONSOLIDATED
     KEUANGAN KONSOLIDASIAN INTERIM                                           FINANCIAL STATEMENTS
  Tanggal 30 September 2025 dan untuk Periode                      As of September 30, 2025 and for the Nine-months
   Sembilan Bulan yang Berakhir pada Tanggal                                Period Then Ended (Unaudited)
 Tersebut (Tidak Diaudit) (Disajikan dalam Jutaan                          (Expressed in Millions of Rupiah,
        Rupiah, Kecuali Dinyatakan Lain)                                       Unless Otherwise Stated)




28. INSTRUMEN KEUANGAN                                             28. FINANCIAL INSTRUMENTS
    Pada tanggal 30 September 2025 dan 31                             As of September 30, 2025 and December 31,
    Desember 2024, nilai wajar instrumen keuangan                     2024, the fair value of the Group’s financial
    Grup mendekati nilai tercatatnya.                                 instruments are approximately of their carrying
                                                                      amount.
    Aset dan liabilitas keuangan lancar Grup terdiri                   The Group’s current financial assets and liabilities
    dari kas dan setara kas, piutang usaha dan lain-                   consist of cash and cash equivalents, accounts
    lain, aset lancar lain-lain, utang usaha dan lain-                 and other receivables, other current assets,
    lain, beban akrual, dan liabilitas sewa. Nilai                     accounts and other payables, accrued expenses
    tercatat aset dan liabilitas keuangan lancar Grup                  and lease liabilities. The carrying values of the
    mendekati nilai wajar karena sifat dasar jangka                    Group’s current financial assets and liabilities
    pendek dari akun aset dan liabilitas keuangan.                     approximate their fair values due to the short-term
                                                                       maturity of these financial assets and liabilities.

    Aset dan liabilitas keuangan tidak lancar Grup                    The Group’s non-current financial assets and
    terdiri dari aset tidak lancar lain-lain dan liabilitas           liabilities consist of other non-current assets and
    sewa.                                                             lease liabilities.

    Nilai wajar dari uang jaminan diestimasi                           Fair value of security deposits is estimated using
    menggunakan tingkat suku bunga pinjaman yang                       current market lending rates for similar type of
    berlaku dipasar bagi pinjaman yang serupa. Nilai                   lending. Fair value of lease liabilities is estimated
    wajar dari liabilitas sewa diestimasi menggunakan                  using discounted cash flow model.
    model diskonto arus kas.



29. TUJUAN DAN KEBIJAKAN                   MANAJEMEN               29. FINANCIAL RISK MANAGEMENT OBJECTIVES
    RISIKO KEUANGAN                                                    AND POLICIES

   Tujuan dan kebijakan manajemen risiko keuangan                     The Group’s financial risk management and
   Grup adalah untuk memastikan bahwa sumber                          policies seek to ensure that adequate financial
   daya keuangan yang memadai tersedia untuk                          resources are available for operation and
   operasi dan pengembangan bisnis, serta untuk                       development of its business, while managing its
   mengelola risiko mata uang, kredit, bunga, dan                     exposure to currency, credit, interest and liquidity
   risiko likuiditas. Grup beroperasi dengan pedoman                  risks. The Group operates within defined guidelines
   yang telah ditentukan yang telah disetujui oleh                    that are approved by the Directors.
   Direksi.

   (i) Manajemen risiko kredit                                         (i) Credit risk management
       Risiko kredit Grup diatribusikan terutama                            The Group’s credit risk is primarily attribute to
       terhadap kas dan setara kas, piutang usaha                           its cash and cash equivalents, accounts
       dan piutang lain-lain.                                               receivable and other receivables.

       Risiko kredit pada saldo kas dan setara kas                          Credit risk on cash and cash equivalents is
       adalah terbatas karena pihak lawan transaksi                         limited because the counterparties are
       adalah lembaga keuangan yang terpercaya.                             reputable financial institutions.




                                                              75
Page 79
                                                                         The original interim consolidated financial statements included herein
                                                                                                                are in the Indonesian language.

      PT CAHAYA AERO SERVICES TBK                                             PT CAHAYA AERO SERVICES TBK
    (D/H PT CARDIG AERO SERVICES TBK)                                  (PREVIOUSLY PT CARDIG AERO SERVICES TBK)
           DAN ENTITAS ANAKNYA                                                      AND ITS SUBSIDIARIES
          CATATAN ATAS LAPORAN                                             NOTES TO THE INTERIM CONSOLIDATED
    KEUANGAN KONSOLIDASIAN INTERIM                                                FINANCIAL STATEMENTS
 Tanggal 30 September 2025 dan untuk Periode                           As of September 30, 2025 and for the Nine-months
  Sembilan Bulan yang Berakhir pada Tanggal                                     Period Then Ended (Unaudited)
Tersebut (Tidak Diaudit) (Disajikan dalam Jutaan                               (Expressed in Millions of Rupiah,
       Rupiah, Kecuali Dinyatakan Lain)                                            Unless Otherwise Stated)



      Jumlah yang disajikan di laporan posisi                                      The amounts presented on the consolidated
      keuangan konsolidasian setelah dikurangi                                     statements of financial position, net of
      penyisihan atas kerugian penurunan nilai,                                    allowance for impairment losses, which is
      yang dibuat ketika kerugian teridentifikasi akan                             made when there is an identified loss event
      terjadi berdasarkan pengalaman sebelumnya,                                   that based on previous experience, is
      adalah bukti pengurangan atas arus kas dari                                  evidence                                   of
      piutang yang dapat diperoleh kembali,                                        a reduction of the recoverability of the cash
      mewakili eksposur Grup terhadap risiko kredit.                               flows of such receivables, represents the
                                                                                   Group’s exposure to credit risk.

      Piutang usaha dan piutang lain-lain Grup                                     The Group’s account and other receivables
      hanya dilakukan dengan pihak ketiga dan                                      are entered only with respected and credit
      pihak berelasi yang terpercaya dan layak.                                    worthy third parties and related parties. All
      Semua transaksi dengan pihak ketiga harus                                    third party transactions must obtain approval
      mendapat persetujuan dari Direksi sebelum                                    from the Directors prior to the finalization of the
      finalisasi kesepakatan. Batasan kredit (yaitu                                deal. Credit limits (i.e. the amount and timing
      jumlah dan waktu kredit) harus ditetapkan                                    of credit) are set to each party and reviewed
      untuk masing-masing pihak dan direviu secara                                 periodically by the Directors. In addition,
      berkala oleh Direksi. Di samping itu, saldo                                  receivable balances are monitored on an on-
      piutang dimonitor secara berkelanjutan untuk                                 going basis to reduce exposure to credit risk.
      mengurangi eksposur piutang bermasalah.

      Eksposur maksimum risiko kredit Grup Pada                                    The Group’s maximum exposure to credit risk
      tanggal 30 September 2025 dan 31 Desember                                    as per September 30, 2025 and December 31,
      2024 tanpa memperhitungkan agunan dan                                        2024 before taking into account any collateral
      pendukung kredit lainnya adalah sebagai                                      held or other credit enhancements are as
      berikut:                                                                     follows:

                                                   30 Sep 2025/        31 Des 2024/
                                                   Sep 30, 2025        Dec 31, 2024

      Bank dan deposito berjangka                        1,740,445              1,478,151                 Cash in banks and time deposits
      Piutang usaha                                        417,523                372,189                            Accounts receivable
      Piutang lain-lain                                      3,265                  3,540                               Other receivables
      Aset lancar lain-lain                                 11,536                 10,003                            Other current assets
      Aset tidak lancar lain-lain                           19,418                 46,643                        Other non-current assets
      Total                                              2,192,187              1,910,526                                                Total


      Kualitas kredit aset keuangan                                                Credit quality of financial assets
                                                   30 September 2025/ September 30, 2025
                             Belum jatuh tempo          Telah jatuh tempo
                            dan tidak mengalami      namun tidak mengalami
                              penurunan nilai/           penurunan nilai/        Mengalami
                             Neither past due             past due but        penurunan nilai/
                               not impaired               not impaired            Impaired          Total/Total

      Kas dan setara kas               1,741,686                           --                 --         1,741,686     Cash and cash equivalents
      Piutang usaha                      336,829                      80,694             23,757            441,280           Accounts receivable
      Piutang lain-lain                    3,265                           --           385,384            388,649             Other receivables
      Total                            2,081,780                      80,694            597,312          2,759,786                          Total




                                                               76
Page 80
                                                                           The original interim consolidated financial statements included herein
                                                                                                                  are in the Indonesian language.

      PT CAHAYA AERO SERVICES TBK                                               PT CAHAYA AERO SERVICES TBK
    (D/H PT CARDIG AERO SERVICES TBK)                                    (PREVIOUSLY PT CARDIG AERO SERVICES TBK)
           DAN ENTITAS ANAKNYA                                                        AND ITS SUBSIDIARIES
          CATATAN ATAS LAPORAN                                               NOTES TO THE INTERIM CONSOLIDATED
    KEUANGAN KONSOLIDASIAN INTERIM                                                  FINANCIAL STATEMENTS
 Tanggal 30 September 2025 dan untuk Periode                             As of September 30, 2025 and for the Nine-months
  Sembilan Bulan yang Berakhir pada Tanggal                                       Period Then Ended (Unaudited)
Tersebut (Tidak Diaudit) (Disajikan dalam Jutaan                                 (Expressed in Millions of Rupiah,
       Rupiah, Kecuali Dinyatakan Lain)                                              Unless Otherwise Stated)



                                                      31 Desember 2024/ December 31, 2024
                                Belum jatuh tempo         Telah jatuh tempo
                               dan tidak mengalami     namun tidak mengalami
                                 penurunan nilai/          penurunan nilai/       Mengalami
                                Neither past due            past due but       penurunan nilai/
                                  not impaired              not impaired           Impaired           Total/Total

      Kas dan setara kas                  1,480,054                          --                --          1,480,054     Cash and cash equivalents
      Piutang usaha                         286,206                     58,405            27,578             372,189           Accounts receivable
      Piutang lain-lain                       3,540                          --          515,081             518,621             Other receivables
      Total                               1,769,800                     58,405           542,659           2,370,864                          Total


      Kualitas kredit aset keuangan Grup dinilai dan                                The credit quality of the Group’s financial
      dikelola berdasarkan peringkat internal.                                      assets is assessed and managed using
                                                                                    internal ratings.

      Kualitas      kredit      dimonitor      dengan                               The credit quality is monitored using the
      menggunakan Sistem Peringkat Grup. Sistem                                     Group’s Rating System. The rating system is
      peringkat dinilai dan diperbarui secara berkala                               assessed and updated regularly and individual
      dan peringkat risiko pihak lawan individual                                   counterparty risk rating is validated to maintain
      divalidasi untuk menjaga akurasi dan                                          accurate and consistent risk rating. The credit
      konsistensi peringkat risiko. Kualitas kredit dan                             quality and the corresponding Rating System
      Sistem Peringkat dinilai sebagai berikut:                                     grade are as follows:

       •      Tingkat tinggi                                                        •    High grade
              Seorang pihak lawan diberi peringkat                                       A counterparty is given a high grade
              tingkat tinggi (current) jika memiliki debt                                rating (current) if it has an extremely
              service capacity yang sangat kuat. Pihak                                   strong debt service capacity. High grade
              lawan dengan peringkat tingkat tinggi                                      counterparties are viewed to possess
              dinilai dapat memiliki kualitas outlook                                    a high credit quality outlook under all
              kredit yang tinggi dalam segala kondisi                                    economic conditions. High grade is the
              ekonomi. Peringkat tingkat tinggi adalah                                   highest rating provided to a counterparty
              peringkat tertinggi yang diberikan kepada                                  under the Group’s Rating System.
              pihak     lawan     berdasarkan     Sistem
              Peringkat Grup.

       •      Tingkat standar                                                       •    Standard grade
              Seorang pihak lawan yang diberi                                            A counterparty given a standard grade
              peringkat standar (jatuh tempo 1 - 90                                      rating (1-90 days past due) is deemed to
              hari) adalah pihak lawan yang dianggap                                     have a strong debt service capacity.
              memiliki debt service capacity yang kuat.                                  While the probability of default is low,
              Walaupun probabilitas gagal bayar                                          standard grade counterparties are more
              rendah, pihak lawan dengan peringkat                                       susceptible to the adverse effects of
              tingkat standar dinilai lebih rentan                                       changes in economic conditions.
              terhadap efek yang merugikan perubahan
              kondisi ekonomi.

       •      Tingkat sub-standar                                                   •    Sub-standard grade
              Eksposur kredit bagi pihak lawan diberi                                    Credit exposures for a counterparty given
              peringkat sub standar (jatuh tempo lebih                                   a sub-standard grade rating (more than
              dari 90 hari) adalah pihak lawan yang                                      90 days past due) is deemed to be not at
              untuk sementara waktu dianggap tidak                                       risk    for  the     moment    but    the
              berisiko tetapi kinerja pihak lawan telah                                  counterparties performance has already
              melemah dan, kecuali tren berubah,                                         weakened and unless present trends are
              dapat menyebabkan kerugian.                                                reverse, could lead to losses.

                                                                 77
Page 81
                                                                        The original interim consolidated financial statements included herein
                                                                                                               are in the Indonesian language.

      PT CAHAYA AERO SERVICES TBK                                             PT CAHAYA AERO SERVICES TBK
    (D/H PT CARDIG AERO SERVICES TBK)                                  (PREVIOUSLY PT CARDIG AERO SERVICES TBK)
           DAN ENTITAS ANAKNYA                                                      AND ITS SUBSIDIARIES
          CATATAN ATAS LAPORAN                                             NOTES TO THE INTERIM CONSOLIDATED
    KEUANGAN KONSOLIDASIAN INTERIM                                                FINANCIAL STATEMENTS
 Tanggal 30 September 2025 dan untuk Periode                           As of September 30, 2025 and for the Nine-months
  Sembilan Bulan yang Berakhir pada Tanggal                                     Period Then Ended (Unaudited)
Tersebut (Tidak Diaudit) (Disajikan dalam Jutaan                               (Expressed in Millions of Rupiah,
       Rupiah, Kecuali Dinyatakan Lain)                                            Unless Otherwise Stated)



       Pada tanggal 30 September 2025 dan 31                                     As of September 30, 2025 and December 31,
       Desember 2024, kualitas kredit semua aset                                 2024, the Group’s credit quality of all past due
       keuangan Grup yang belum jatuh tempo dan                                  but not impaired financial assets are classified
       tidak mengalami penurunan nilai berada                                    as high grade.
       dalam klasifikasi tingkat tinggi.

   (ii) Manajemen risiko likuiditas                                         (ii) Liquidity risk management

       Risiko likuiditas adalah risiko bahwa Grup                                Liquidity risk is the risk that the Group will be
       tidak akan mampu memenuhi kewajiban                                       unable to meet its payment obligations when
       pembayaran pada saat jatuh tempo. Risiko                                  they fall due. Liquidity risk arises mainly from
       likuiditas muncul terutama dari pendanaan                                 general funding of the Group’s operations. It is
       umum atas operasi Grup. Kebijakan Grup                                    the Group’s policy to apply prudent liquidity
       adalah menerapkan pengelolaan likuiditas                                  management by maintaining sufficient cash
       secara hati-hati dengan mempertahankan                                    balance and manageable level of available
       kecukupan saldo kas dan tingkat ketersediaan                              working capital.
       modal kerja yang terkendali.

       Tabel berikut menyajikan rincian profil jatuh                             The following table details the maturity profile
       tempo instrumen keuangan Grup berdasarkan                                 of the Group’s financial instruments based on
       pada basis kontraktual yang tidak didiskonto,                             contractual undiscounted basis which include
       yang mencakup beban bunga terkait:                                        the related interest charges:

                                                 30 September 2025/ September 30, 2025
                                      Kurang dari                    Lebih dari
                                        1 tahun/                      2 Tahun/
                                       Less than      1 - 2 Tahun/   More than
                                         1 Year       1 - 2 Years     2 years                 Total


       Utang usaha                         125,664                --               --           125,664                     Accounts payable
       Utang lain-lain                       7,499                --               --             7,499                        Other payables
       Beban akrual                        367,212                --               --           367,212                     Accrued expenses
       Liabilitas sewa                      32,230           53,532           17,784            103,546                        Lease liabilities
       Total                               532,605           53,532           17,784            603,921                                   Total



                                                    31 Desember 2024/ December 31, 2024
                                      Kurang dari                      Lebih dari
                                        1 tahun/                        2 Tahun/
                                       Less than        1 - 2 Tahun/   More than
                                         1 Year         1 - 2 Years     2 years               Total


       Utang usaha                         141,421                --               --           141,421                     Accounts payable
       Utang lain-lain                      66,243                --               --            66,243                        Other payables
       Beban akrual                        404,240                --               --           404,240                     Accrued expenses
       Liabilitas sewa                      63,287           52,505           21,476            137,268                        Lease liabilities
       Total                               675,191           52,505           21,476            749,172                                   Total


   (iii) Manajemen risiko mata uang asing                                 (iii) Foreign currency risk management

      Grup terekspos pengaruh fluktuasi nilai tukar                              The Group is exposed to the effect of foreign
      mata uang asing terutama karena transaksi                                  currency exchange rate fluctuation mainly
      yang didenominasi dalam mata uang asing                                    because of foreign currency denominated
      seperti pendapatan usaha yang didenominasi                                 transactions such as revenues denominated in
      dalam mata uang asing.                                                     foreign currency.

                                                              78
Page 82
                                                                    The original interim consolidated financial statements included herein
                                                                                                           are in the Indonesian language.

      PT CAHAYA AERO SERVICES TBK                                         PT CAHAYA AERO SERVICES TBK
    (D/H PT CARDIG AERO SERVICES TBK)                              (PREVIOUSLY PT CARDIG AERO SERVICES TBK)
           DAN ENTITAS ANAKNYA                                                  AND ITS SUBSIDIARIES
          CATATAN ATAS LAPORAN                                         NOTES TO THE INTERIM CONSOLIDATED
    KEUANGAN KONSOLIDASIAN INTERIM                                            FINANCIAL STATEMENTS
 Tanggal 30 September 2025 dan untuk Periode                       As of September 30, 2025 and for the Nine-months
  Sembilan Bulan yang Berakhir pada Tanggal                                 Period Then Ended (Unaudited)
Tersebut (Tidak Diaudit) (Disajikan dalam Jutaan                           (Expressed in Millions of Rupiah,
       Rupiah, Kecuali Dinyatakan Lain)                                        Unless Otherwise Stated)




      Analisis sensitivitas mata uang asing                                 Foreign currency sensitivity analysis

      Analisa sensitivitas mata uang asing                                   The foreign currency sensitivity analysis
      menunjukkan efek penyesuaian penjabaran                                shows the effect of adjusting the translation of
      aset dan liabilitas moneter dalam Dolar                                U.S. dollar-denominated monetary assets and
      Amerika Serikat pada akhir tahun untuk                                 liabilities at the end of the year for a 1%
      perubahan sebesar 1% dalam mata uang                                   change in the U.S. dollar exchange rate. The
      Dolar Amerika Serikat. Grup menghadapi                                 Group’s exposure to foreign currency changes
      risiko mata uang asing untuk mata uang asing                           for all other foreign currencies is not material.
      lain tidak material.

                                                 30 Sep 2025/         31 Des 2024/
                                                 Sep 30, 2025         Dec 31, 2024

      Dampak terhadap laba
         Sebelum Pajak Penghasilan                                                               Effect on profit Before Income Tax
      Peningkatan tingkat pertukaran mata uang                                                          Increase in foreign currencies
         Asing terhadap rupiah (1%)                      3,564                     1,149        exchange rate against Rupiah (1%)
      Perubahan tingkat pertukaran mata Uang                                                           increase in Foreign Currencies
         Asing terhadap rupiah (-1%)                     (3,564)                  (1,149)      exchange rate against Rupiah (-1%)



      Manajemen berpendapat analisis sensitivitas                            In management’s opinion, the sensitivity
      tidak representatif terhadap risiko nilai tukar                        analysis is unrepresentative of the inherent
      asing melekat karena eksposur pada akhir                               foreign exchange risk because the exposure
      periode pelaporan tidak mencerminkan                                   at the end of the reporting period does not
      eksposur selama periode berjalan.                                      reflect the exposure during the period.


   (iv) Manajemen risiko tingkat suku bunga                                 (iv) Interest rate risk management

      Eksposur risiko tingkat bunga berhubungan                                   The interest rate risk exposure relates to
      dengan jumlah aset atau liabilitas dimana                                   the amount of assets or liabilities which is
      pergerakan pada tingkat suku bunga dapat                                    subject to a risk that a movement in
      mempengaruhi laba setelah pajak. Risiko                                     interest rates will adversely affect the
      pada pendapatan bunga bersifat terbatas                                     profit after tax. The risk on interest income
      karena Grup hanya bermaksud untuk menjaga                                   is limited as the Group only intends to
      saldo kas yang cukup untuk memenuhi                                         keep sufficient cash balances to meet
      kebutuhan operasional. Untuk risiko pada                                    operational needs. For risk on interest
      beban bunga, persetujuan dari Dewan                                         expenses, approvals from the Board of
      Komisaris dan Direksi harus diperoleh                                       Commissioners and Directors must be
      sebelum Grup melakukan komitmen atas                                        obtained before the Group made any
      instrumen keuangan apapun, untuk mengelola                                  commitment to any of the financial
      eksposur risiko suku bunga.                                                 instruments, to manage the interest rate
                                                                                  risk exposure.




                                                           79
Page 83
                                                                    The original interim consolidated financial statements included herein
                                                                                                           are in the Indonesian language.

       PT CAHAYA AERO SERVICES TBK                                        PT CAHAYA AERO SERVICES TBK
     (D/H PT CARDIG AERO SERVICES TBK)                             (PREVIOUSLY PT CARDIG AERO SERVICES TBK)
            DAN ENTITAS ANAKNYA                                                 AND ITS SUBSIDIARIES
           CATATAN ATAS LAPORAN                                        NOTES TO THE INTERIM CONSOLIDATED
     KEUANGAN KONSOLIDASIAN INTERIM                                           FINANCIAL STATEMENTS
  Tanggal 30 September 2025 dan untuk Periode                      As of September 30, 2025 and for the Nine-months
   Sembilan Bulan yang Berakhir pada Tanggal                                Period Then Ended (Unaudited)
 Tersebut (Tidak Diaudit) (Disajikan dalam Jutaan                          (Expressed in Millions of Rupiah,
        Rupiah, Kecuali Dinyatakan Lain)                                       Unless Otherwise Stated)




30. ASET DAN LIABILITAS MONETER DALAM                              30. MONETARY   ASSETS    AND    LIABILITIES
    MATA UANG ASING                                                    DENOMINATED IN FOREIGN CURRENCIES

   Pada tanggal 30 September 2025 dan 31                                      As September 30, 2025 and December 31,
   Desember 2024, Grup mempunyai aset dan                                     2024, the Group had monetary assets and
   liabilitas moneter dalam mata uang asing sebagai                           liabilities in foreign currencies as follows:
   berikut:

                                      30 September 2025/                 31 Desember 2024/
                                     September 30, 2025                  December 31, 2024
                                Mata Uang Asing/    Ekuivalen/     Mata Uang Asing/    Ekuivalen/
                                    Foreign        Equivalent          Foreign         Equivalent
                                  Currencies           Rp            Currencies            Rp
   Aset                                                                                                                       Assets
    Kas dan setara kas   US$            9,025,480      150,545              6,084,137          98,332      Cash and cash equivalents
                         SG$               84,739        1,096                375,998           4,482

    Piutang usaha        US$           12,087,552      201,620              8,150,548         131,729             Accounts receivable
                         SG$              440,003        5,691                      --              --
   Total Aset                                          358,952                                234,543                      Total Assets


   Liabilitas                                                                                                               Liabilities
    Utang usaha          US$               99,760         1,664               355,179            5,740               Accounts payable
                         SG$               66,802           864                36,841              440
                         EUR                    --            --               22,181              374

    Utang lain-lain      US$                    --            --            3,640,152          58,832                   Other payables

    Beban akrual         US$                    --           --             3,360,351          54,310                Accrued expense
   Total Liabilitas                                      2,528                                119,696                  Total Liabilities
   Neto                                                356,424                                114,847                               Net




31. INFORMASI SEGMEN                                               31. SEGMENT INFORMATION

   Untuk tujuan pelaporan manajemen, Grup terbagi                      For management reporting purposes, the Group is
   dalam tiga segmen utama operasi penunjang                           divided into three main segment aviation support
   aviasi, antara lain, jasa penerbangan dan                           operating segments, namely ground and cargo
   pergudangan, jasa rilis dan perbengkelan pesawat                    handling service, aircraft release and maintenance
   udara, dan jasa catering.                                           services, and catering services.

   Kegiatan utama segmen tersebut terdiri dari:                        The principal activities of these segments consist
                                                                       of:

   a.   Penunjang penerbangan merupakan kegiatan                       a.   Ground      handling   services   represents
        jasa layanan atas penumpang termasuk                                passenger handling including baggage and
        bagasi dan pesawat, penggunaan peralatan                            aircraft handling, ground support equipment
        ground support equipment, pengoperasian                             usage, operation of business class lounge,
        ruang tunggu bisnis (lounge) dan layanan                            and special assistance services. Cargo
        khusus. Pergudangan merupakan layanan                               handling represents cargo handling that
        kargo yang meliputi bongkar muat kargo,                             include cargo build up and breakdown, cargo
        dokumentasi kargo, pengurusan transfer dan                          documentation, cargo transfer and transit
        transit kargo, penyimpanan kargo dan                                handling, cargo storage and special cargo
        penanganan kargo khusus.                                            handling.

                                                           80
Page 84
                                                                                        The original interim consolidated financial statements included herein
                                                                                                                               are in the Indonesian language.

        PT CAHAYA AERO SERVICES TBK                                                          PT CAHAYA AERO SERVICES TBK
      (D/H PT CARDIG AERO SERVICES TBK)                                               (PREVIOUSLY PT CARDIG AERO SERVICES TBK)
             DAN ENTITAS ANAKNYA                                                                   AND ITS SUBSIDIARIES
            CATATAN ATAS LAPORAN                                                          NOTES TO THE INTERIM CONSOLIDATED
      KEUANGAN KONSOLIDASIAN INTERIM                                                             FINANCIAL STATEMENTS
   Tanggal 30 September 2025 dan untuk Periode                                        As of September 30, 2025 and for the Nine-months
    Sembilan Bulan yang Berakhir pada Tanggal                                                  Period Then Ended (Unaudited)
  Tersebut (Tidak Diaudit) (Disajikan dalam Jutaan                                            (Expressed in Millions of Rupiah,
         Rupiah, Kecuali Dinyatakan Lain)                                                         Unless Otherwise Stated)




      b.      Jasa rilis dan perbengkelan pesawat udara                                     b.   Aircraft release and maintenance service
              merupakan jasa perbaikan dan perawatan atas                                        represents repair and maintenance service for
              alat transportasi udara.                                                           air transportation vehicles.
      c.      Jasa katering merupakan jasa boga dan                                         c.   Catering services represents food and catering
              katering yang dilakukan di lokasi pelanggan.                                       services conducted at customer locations.
              Jasa katering juga meliputi jasa housekeeping,                                     Catering services also include housekeeping,
              laundry, gardening, akomodasi, transportasi,                                       laundry,       gardening,      accommodation,
              dan lain-lain.                                                                     transportation, and other services.

      Informasi segmen usaha Grup adalah sebagai                                            Segment of information of the Group are as
      berikut:                                                                              follows:

                                                           30 September 2025/ September 30, 2025
                                    Penunjang         Jasa Rilis dan
                                   Penerbangan        Perbengkelan
                                 dan Pergudangan/    Pesawat Udara/
                                    Ground and       Aircraft Release
                                      Cargo           Maintenance             Katering/           Eliminasi/
                                     Handling            Services             Catering           Elimination        Total
Pendapatan                               1,857,631             216,615            382,118            (83,089)       2,373,275                                Revenue
Hasil segmen                              571,398               75,574             73,387                      --     720,359                        Segment results

Beban usaha tidak                                                                                                    (33,638)                  Unallocated operating
 dapat dialokasikan                                                                                                                                     expenses
Pendapatan keuangan                                                                                                    66,591                        Finance income
Beban keuangan                                                                                                       (10,610)                            Finance cost
Pendapatan operasi lain                                                                                                82,222                 Other operating income
Beban operasi lain                                                                                                   (32,737)               Other operating expenses
Laba sebelum pajak                                                                                                                          Profit before income tax
 penghasilan                                                                                                          792,187

Aset                                                                                                                                                            Assets
 Aset Segmen                             1,657,208             225,348            330,174           (117,779)       2,094,951                    Segment assets
 Aset tidak dapat dialokasikan                                                                                        818,798                  Unallocated Assets
 Jumlah aset                                                                                                        2,913,749                        Total assets

Liabilitas                                                                                                                                                   Liabilities
 Liabilitas segmen                        614,092               84,299            241,277           (117,779)         821,889                   Segment liabilities
 Liabilitas yang tidak
  dapat dialokasikan                                                                                                   20,480                Unallocated liabilities
 Jumlah liabilitas                                                                                                    842,369                     Total liabilities

Informasi lainnya                                                                                                                                   Other information
 Beban penyusutan                          93,956               10,069              9,413                      --     113,438              Depreciation expenses

 Beban penyusutan tidak                                                                                                                  Unallocated depreciation
  dapat dialokasikan                                                                                                    1,556                       expenses
 Jumlah beban penyusutan                                                                                              114,994        Total depreciation expenses




                                                                             81
Page 85
                                                                                                  The original interim consolidated financial statements included herein
                                                                                                                                         are in the Indonesian language.

        PT CAHAYA AERO SERVICES TBK                                                                    PT CAHAYA AERO SERVICES TBK
      (D/H PT CARDIG AERO SERVICES TBK)                                                         (PREVIOUSLY PT CARDIG AERO SERVICES TBK)
             DAN ENTITAS ANAKNYA                                                                             AND ITS SUBSIDIARIES
            CATATAN ATAS LAPORAN                                                                    NOTES TO THE INTERIM CONSOLIDATED
      KEUANGAN KONSOLIDASIAN INTERIM                                                                       FINANCIAL STATEMENTS
   Tanggal 30 September 2025 dan untuk Periode                                                  As of September 30, 2025 and for the Nine-months
    Sembilan Bulan yang Berakhir pada Tanggal                                                            Period Then Ended (Unaudited)
  Tersebut (Tidak Diaudit) (Disajikan dalam Jutaan                                                      (Expressed in Millions of Rupiah,
         Rupiah, Kecuali Dinyatakan Lain)                                                                   Unless Otherwise Stated)



                                                                     30 September 2024/ September 30, 2024
                                    Penunjang           Jasa Rilis dan
                                   Penerbangan          Perbengkelan
                                 dan Pergudangan/      Pesawat Udara/
                                    Ground and         Aircraft Release
                                      Cargo             Maintenance              Katering/               Lainnya/       Eliminasi/
                                     Handling              Services              Catering                 Other        Elimination        Total

Pendapatan                               1,630,556               178,015              264,397                  6,654       (60,494)       2,019,128                               Revenue

Hasil segmen                              484,687                 62,794               52,383                   574                  --     600,438                        Segment results

Beban usaha tidak dapat                                                                                                                                             Unallocated operating
 dialokasikan                                                                                                                              (32,405)                          expenses

Pendapatan keuangan                                                                                                                          35,746                       Finance Income
Beban keuangan                                                                                                                             (11,744)                          Finance Cost
Pendapatan operasi lain                                                                                                                     243,117                Other operating income
Beban operasi lain                                                                                                                        (195,393)              Other operating expenses

Laba sebelum pajak
 penghasilan                                                                                                                                639,759                    Income Before Tax

Informasi lainnya                                                                                                                                                         Other information
 Beban penyusutan                          82,310                   7,723               6,949                   981                  --      97,963              Depreciation expenses

 Beban penyusutan tidak                                                                                                                                       Unallocated depreciation
  dapat dialokasikan                                                                                                                          1,350                       expenses
 Jumlah beban penyusutan                                                                                                                     99,313      Total depreciation expenses




                                                                     31 Desember 2024/ December 31, 2024
                                    Penunjang           Jasa Rilis dan
                                   Penerbangan          Perbengkelan
                                 dan Pergudangan/      Pesawat Udara/
                                    Ground and         Aircraft Release
                                      Cargo             Maintenance              Katering/               Lainnya/       Eliminasi/
                                     Handling              Services              Catering                 Other        Elimination        Total
Aset                                                                                                                                                                                 Assets
 Aset Segmen                             1,726,840               181,205              250,025                 30,551      (641,344)       1,547,277                   Segment assets
 Aset tidak dapat dialokasikan                                                                                                            1,108,493                 Unallocated Assets
 Jumlah aset                                                                                                                              2,655,770                       Total assets

Liabilitas
 Liabilitas segmen                        697,778                 70,049              227,853               143,662       (128,383)       1,010,959                               Liabilities
 Liabilitas yang tidak                                                                                                                                               Segment liabilities
  dapat dialokasikan                                                                                                                         22,396              Unallocated liabilities
 Jumlah liabilitas                                                                                                                        1,033,355             Unallocated Liabilities
                                                                                                                                                      Jumlah Liabilitas/Total liabilities




       Pendapatan yang dilaporkan di atas merupakan                                                 The revenues reported above represent revenue
       pendapatan dari pelanggan eksternal.                                                         generated from external customers.

       Grup tidak beroperasi di luar negeri, sehingga                                               The Group does not have operations in a foreign
       pengungkapan    dipertimbangkan   tidak   perlu                                              country, thus disclosure is not considered
       menyangkut geografis.                                                                        necessary regarding the geographical information.


32. INFORMASI TAMBAHAN ARUS KAS                                                                 32. ADDITIONAL INFORMATIONS OF CASH FLOW

       Rekonsiliasi liabilitas yang timbul dari aktivitas                                           Reconciliation of liabilities arising from financing
       pendanaan:                                                                                   activities:
                                         31 Desember /                                 Aktivitas               Selisih          30 September /
                                         December 31,          Arus kas neto/        non-kas/Non-           kurs/Foreign        September 30,
                                             2024              Net cash flow         cash activities         exchange                2025


        Liabilitas sewa                             122,633               (51,090)              22,713                     --             94,256                    Lease liabilities



                                                                                      82
Page 86
                                                                       The original interim consolidated financial statements included herein
                                                                                                              are in the Indonesian language.

       PT CAHAYA AERO SERVICES TBK                                          PT CAHAYA AERO SERVICES TBK
     (D/H PT CARDIG AERO SERVICES TBK)                               (PREVIOUSLY PT CARDIG AERO SERVICES TBK)
            DAN ENTITAS ANAKNYA                                                   AND ITS SUBSIDIARIES
           CATATAN ATAS LAPORAN                                          NOTES TO THE INTERIM CONSOLIDATED
     KEUANGAN KONSOLIDASIAN INTERIM                                             FINANCIAL STATEMENTS
  Tanggal 30 September 2025 dan untuk Periode                        As of September 30, 2025 and for the Nine-months
   Sembilan Bulan yang Berakhir pada Tanggal                                  Period Then Ended (Unaudited)
 Tersebut (Tidak Diaudit) (Disajikan dalam Jutaan                            (Expressed in Millions of Rupiah,
        Rupiah, Kecuali Dinyatakan Lain)                                         Unless Otherwise Stated)



                            31 Desember /                      Aktivitas           Selisih          31 Desember /
                            December 31,    Arus kas neto/   non-kas/Non-       kurs/Foreign        December 31,
                                2023        Net cash flow    cash activities     exchange               2024


   Liabilitas sewa                 85,830         (77,500)          114,303                    --         122,633               Lease liabilities




33. STANDAR AKUNTANSI DAN INTERPRETASI                              33. ACCOUNTING        STANDARD     AND
    STANDAR YANG TELAH DISAHKAN NAMUN                                   INTERPRETATION OF STANDARDS ISSUED
    BELUM BERLAKU EFEKTIF                                               BUT NOT YET EFFECTIVE

   Standar akuntansi yang telah diterbitkan sampai                        The accounting standards that have been issued
   tanggal penerbitan laporan keuangan konsolidasi                        up to the date of issuance of the Group’s
   Grup namun belum berlaku efektif diungkapkan                           consolidated financial statements, but not yet
   berikut ini. Manajemen bermaksud untuk                                 effective are disclosed below. The management
   menerapkan standar yang dipertimbangkan relevan                        intends to adopt these standards that are
   terhadap Grup pada saat standar tersebut berlaku                       considered relevant to the Group when they
   efektif, dan dampak penerapan standar tersebut                         become effective, and the impact to the financial
   terhadap posisi dan kinerja keuangan Perusahaan                        position and performance of the Company is still
   masih diestimasi pada tanggal        penyelesaian                      being           estimated           as            of
   laporan     keuangan     konsolidasian.   Kecuali                      the completion date of consolidated financial
   disebutkan lain, Grup tidak mengharapkan adopsi                        statements. Unless otherwise indicated, the Group
   pernyataan tersebut di masa depan memiliki                             does not expect that the future adoption of the said
   dampak signifikan terhadap laporan keuangan                            pronouncements to have a significant impact on its
   konsolidasiannya.                                                      consolidated financial statements.

   Mulai efektif pada atau setelah 1 Januari 2026                         Effective beginning on or after January 1, 2026
   PSAK 109, “Instrumen Keuangan” dan PSAK 107                            PSAK 109, "Financial Instruments," and PSAK 107,
   “Instrumen Keuangan Pengungkapan tentang                               "Financial Instruments: Disclosures about the
   Klasifikasi dan Pengukuran Instrumen Keuangan”                         Classification and Measurement of Financial
                                                                          Instruments"

   Amendemen ini menambahkan dan mengklarifikasi                          This amendment added and clarified the statement
   ketentuan dalam PSAK 109 terkait penghentian                           in PSAK 109 regarding derecognition of financial
   pengakuan        liabilitas   keuangan,      serta                     liabilities, as well as clarify the assessment of cash
   mengklarifikasi penilaian karakteristik arus kas                       flow characteristics for financial assets with ESG-
   untuk aset keuangan dengan fitur ESG-linked, aset                      linked features, financial assets with non-recourse
   keuangan dengan fitur non-recourse, dan                                features, and contractually bound instruments such
   instrumen yang terikat secara kontraktual seperti                      as tranches. The amendments also revise the
   tranche. Amendemen ini juga mengubah ketentuan                         statement in PSAK 107 regarding the disclosure
   dalam     PSAK        107    terkait   persyaratan                     requirements for investments in equity instruments
   pengungkapan investasi pada instrumen ekuitas                          measured        at    fair    value    through    other
   yang diukur pada nilai wajar melalui penghasilan                       comprehensive income and adding statament
   komprehensif lain dan menambah ketentuan terkait                       related to financial instruments with contractual
   instrumen     keuangan      dengan     persyaratan                     terms that alter the timing or amount of contractual
   kontraktual yang mengubah waktu atau jumlah arus                       cash flows.
   kas kontraktual.

   Grup masih mempelajari dampak yang mungkin                            The Group is still evaluating the potential impact of
   timbul dari penerapan standar revisi tersebut serta                   these revised standards to the Group’s
   pengaruhnya       pada     laporan       keuangan                     consolidated financial statements.
   konsolidasian Grup.




                                                             83

File

File Open PDF
Source IDX
Size1.46 MB
Published27 Oct 2025
Pages86
Characters523,512
Text sourceEmbedded text layer
OCR confidence—

Names mentioned 102 people and organisations named in the text · linked when the evidence is strong

linked org CAHAYA AERO SERVICES TBK p.1 ×422
linked org CARDIG AERO SERVICES TBK p.1 ×420
linked org PT Elang Mahkota p.12
linked org Elang Mahkota Teknologi Tbk p.12 ×2
linked person Djoko Suyanto · Presiden Komisaris p.12 ×3
linked person Chi Cheng Bock · Komisaris p.12 ×2
linked person Armand Bachtiar Arief · Komisaris Independen p.12 ×5
linked person Sutji Relowati Rahardjo · Direktur p.12 ×2
linked person Purnama Wirya · Corporate Secretary p.12 ×2
linked org Dana Pensiun p.36 ×9
linked org Bank Mandiri (Persero) Tbk p.41 ×29
linked — Standard Chartered p.41 ×4
linked org Bank Central Asia Tbk p.41 ×17
linked org Bank Mega Tbk p.41 ×11
linked org PT Bank UOB Indonesia p.41 ×2
linked org PT Dinamika Raya Swarna p.43 ×3
linked org PT Cardig Asset Management p.43 ×3
possible org PT Roket Roket Cipta Sentosa p.12
possible org Roket Cipta Sentosa p.12 ×3
possible org Teknologi Tbk p.12
possible person Haryanto Sahari · Anggota p.12 ×2
possible org Otoritas Jasa Keuangan p.14 ×4
possible person Handayani p.17 ×2
possible org Bursa Efek Indonesia p.20
possible org Bank Negara Indonesia (Persero) Tbk p.41 ×8
unresolved org PT Cardig p.11 ×3
unresolved org Aero Services Tbk p.11 ×3
unresolved person Notary Siti Pertiwi Henny Henny Singgih p.11
unresolved person Singgih p.11
unresolved org PT Cahaya p.11
unresolved org Menteri p.11
unresolved org Minister of Law p.11
unresolved person Raden Rita Siti Syarifah · Notaris p.11
unresolved org Minister of Kementerian Hukum dan Hak Asasi Manusia p.11
unresolved person Agung Budi Maryoto · Komisaris Independen p.12
unresolved person Andya Daniswara · Presiden Direktur p.12 ×2
unresolved person Sunarsih · Direktur p.12
unresolved person Regina Jansen Arsjah · Anggota p.12
unresolved org PT Jasa Angkasa p.13
unresolved org Jasa Penanganan Darat Semesta Tbk p.13
unresolved org PT JAS Aero p.13
unresolved org PT Cardig Anugra p.13
unresolved org PT Cahaya Anugrah Sarana Catering p.13 ×9
unresolved org PT Cardig Anugrah p.13
unresolved org PT Cardig Aero p.13
unresolved org PT Purantara Mitra p.13
unresolved org PT Arang Agung Graha p.13 ×6
unresolved org PT Jakarta Aviation p.13
unresolved org PT Cinta Airport p.13
unresolved org Jasa Angkasa Semesta Tbk p.14 ×16
unresolved org Kantor Jasa Penilai Publik Agus p.14
unresolved org Financial Services Authority p.14 ×2
unresolved org Stefanus & Rekan p.15
unresolved org Tonny Hardi & Rekan p.15
unresolved org PT JAS Aero-Engineering Services p.16 ×6
unresolved org PT Cardig Anugra Sarana Bersama p.16 ×2
unresolved org PT Cardig Aero Sarana Dirgantara p.17 ×3
unresolved org PT Cardig Aero Sarana Wajib Pajak p.17
unresolved org PT Cardig Aero Sarana p.17 ×2
unresolved org Directorate General of Taxes p.17 ×7
unresolved org Kementerian p.17 ×2
unresolved org Ministry of Law p.17 ×2
unresolved org PT Cardig Aero Aero Sarana Dirgantara p.17
unresolved person Notary Pratiwi Handayani · Notaris p.17 ×6
unresolved org PT Arang Agung p.17
unresolved org PT Arang Agung Graha No. S- p.17
unresolved org Ministry of Republik Indonesia p.18
unresolved person Hutapea p.18 ×2
unresolved person Eveline Maria Romatua p.18
unresolved person Maria Romatua Hutapea p.18
unresolved org PT Cinta Airport Flores p.18 ×2
unresolved person Pratiwi S.H. · Notaris p.18
unresolved org Trincap Aviation Partners Limited p.19
unresolved org Aviation Partners Limited p.19 ×2
unresolved org PT Cardig Anugrah Sarana Catering p.19 ×5
unresolved org PT Cardig Anugrah Sarana p.19 ×2
unresolved org Kementerian Hukum Republik Indonesia p.20
unresolved org Kementerian Hukum Republik p.20
unresolved org Ministry of Indonesia p.20
unresolved org Pengawas Pasar Modal dan Lembaga p.20
unresolved org Bapepam-LK p.20 ×4
unresolved org Indonesia Stock Exchange p.20 ×2
unresolved org Bank Indonesia p.25 ×2
unresolved org Dana Pensiun Cardig Group. p.36 ×2
unresolved org Dana Pensiun Cardig Group. Dana Pensiun Cardig Group p.36
unresolved org Ministry of Finance p.36
unresolved org PT Bank UOB Indonesia Dolar Singapura p.41
unresolved person DRSC p.43 ×12
unresolved org PT Roket Cipta Sentosa DRS p.43
unresolved org PT Purantara Mitra Angkasa Dua p.48 ×3
unresolved org PT Jakarta Aviation Training Center p.48 ×2
unresolved org PT Purantara Mitra Angkasa Dua Subtotal p.48
unresolved org Direktorat Jenderal Pajak. Terhadap p.50
unresolved org Mahkamah Agung p.50
unresolved org Direktorat Jenderal Pajak p.51 ×4
unresolved person KEP- · Direktur p.51
unresolved org PT Anugrah Jasa Caterindo p.56 ×2
unresolved org Trincap Aviation Partners Limited. Partners Limited p.58
unresolved org Dana Pensiun Dana Pensiun Cardig Group. Pendanaan p.61
unresolved org SATS Catering Pte. Ltd. p.68
unresolved org SATS Airport Services Pte. Ltd. p.74 ×4

Extraction attempts how the parser did, and what it refused

Nothing structured was extracted from this document — the attempts below say why.

No extraction attempted yet.

Other files in this announcement 5

FinancialStatement-2025-III-CASS.xlsx done
inlineXBRL.zip done
↑↓ select ↵ open ⇧↵ see every result