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Page 1
PT INDO AMERICAN SEAFOODS Tbk
DAN ENTITAS ANAK/AND ITS SUBSIDARY


LAPORAN KEUANGAN KONSOLIDASIAN INTERIM/
INTERIM CONSOLIDATED FINANCIAL STATEMENTS

TANGGAL 30 SEPTEMBER 2024
DAN UNTUK PERIODE SEMBILAN BULAN YANG BERAKHIR
PADA TANGGAL TERSEBUT (TIDAK DIAUDIT)/
AS OF SEPTEMBER 30, 2024
AND FOR THE NINE-MONTHS PERIOD THEN ENDED (UNAUDITED)




d1/October 31, 2024
Page 2
PT INDO AMERICAN SEAFOODS Tbk                      PT INDO AMERICAN SEAFOODS Tbk
DAN ENTITAS ANAK                                              AND ITS SUBSADIARY
DAFTAR ISI                                                    TABLE OF CONTENTS


                                    Halaman/
                                     Page

SURAT PERNYATAAN DIREKSI                       DIRECTORS’ STATEMENT LETTER

LAPORAN KEUANGAN                               FINANCIAL STATEMENTS

  Laporan Posisi Keuangan                        Interim Consolidated Statement of
                                      1-2
  Konsolidasian Interim                          Financial Position

  Laporan Laba Rugi Konsolidasian                Interim Consolidated Statement of Profit or
  Interim                              3         Loss

  Laporan Perubahan Ekuitas                      Interim Consolidated Statement of
                                       4
  Konsolidasian Interim                          Changes in Equity

  Laporan Arus Kas Konsolidasian                 Interim Consolidated Statement of Cash
                                       5
  Interim                                        Flows

  Catatan atas Laporan Keuangan                  Notes to the Interim Consolidated
                                       6
  Konsolidasian Interim                          Financial Statements
Page 3
PT lndo American Seafoods Tbk.
               SURAT PERNYATAAN DIREKSI                                             DTRECIORS' STATEM ENT LETTER
                       TENTANG                                                                  REGARDING
                 TANGGUNG JAWAB ATAS                                                      RESPONS'BILITY FOR
           LAPORAN KEUANGAN KONSOLIDASIAN                                 rHE CONSO LI DATED FI N AN CI AL STA IEMENIS
               TANGGAL 30 SEPTEMBER 2024                                         AS OF SEPTEMBER 30,2024
         SERTA UNTUK ENAM BULAN YANG BERAKHIR                                                        AND
                PADA TANGGAL TERSEBUT                                              AND FOR THE SIX.MONTHS PERIOD

                        PT INDO AMERICAN SEAFOODS TBK DAN ENTITAS ANAI(AND SUBSIDIARY

        Kamiyang bertanda tangan di bawah ini                                                 We, the undersigned:


        1. Nama                              :               lbnu Syena Alfitra                1. Name


        Alamat Kantor                              Jl. lr Sutami KM 13 Sukanegara,             Office Adress
                                                       Tanjung Bintang, LamPung
                                                       Selatan 35122 -- lndonesia



        Alamat Domisili/sesuai KTP                     Lagunan BaralT Blok A-7l3-5             Address Domicile/
                                                        RT/RW 003/002 Kelurahan                According to lD Card
                                                          Kejawan Putih Tambak
                                                           Kecamatan Mulyorejo

                                                                0721-350837                     Telephone No.
        Nomor Telepon

        Jabatan                                               Direktur Utama /                   Tittle
                                                             President Director

        2. Nama                                            lbnu Surya   Ramadhan '.' 2. Name
        Alamat Kantor                                  Jl. lr Sutami KM 13 Sukanegara,         Office Adress
                                                           Tanjung Bintang, LamPung                                   i
                                                           Selatan 35122 - lndonesia



        Alamat Domisili/sesuai KTP                      Lagunan Barat 7 Blok A-7l3-5            Address Domicileh
                                                         RT/RW 003/002 Kelurahan                According to lD Card
                                                           Kejawan Putih Tambak
                                                            Kecamatan Mulyorejo

                                                                0721-350837                      Telephone No.
         Nomor Telepon

         Jabatan                                             Direktur Keuangan /                 Tittle
                                                                   Director

         M8nyatakan bahwa:                                                 State that:


         1. Kami bertanggung jawab atas penyusunan dan                    1. We are responsible for the preparation and
             penyajian laporan keuangan konsolidasian                        presentation of the consolidated financial
             Perusahaan dan Entitas Anak                                          statements of the Company's and Subsidiary-

         2. Laporan keuangan konsolidasian Perusahaan                     2. The Consotidated financial statements of the
             dan Entitas Andk telah disusun dan disajikan                      Company's and Subsidiary have been prepared
             sesuai Standar Akuntansi Keuangan di                              and presented in accordEnce with lndonesian
             lndonesia;                                                        Financial Accounting Standards;

        3.    a. Semua informasi dalam laporan keuangan                   3. a. Att information contained in                    the
                 konsolidasian Perusahaan dan Entitas Anak                            consolidated financial sfatements of the
                 telah dimuat secara lengkap dan benar;                               Company's and Subsidiary has been
                                                                                      dlsc/osed in a complete and correct;
              b. Laporan        keuangan konsolidasian                            b. The consolidated financial statements of




                            Phone : +62 721 351 2l"l
Page 4
PT lndo American Seafoods Tbk.
             Perusahaan dan Entitas Anak tidak                           the Company's and Subsidiary do not
                mengandung informasi atau fakta material                 contain misleading mateial information or
                yang tidak benar dan tidak menghilangkan                 facts, do not omit mateial information and
                informasi atau fakta material;                            facts;

         4. Kami bertanggung jawab atas sistem                   4. We are responslb/e for the Company's and
            pengendalian internal dalam Perusahaan dan                Subsidiary intemal contrcl sYsfem.
            Entitas Anak

         Demikian pernyataan ini dibuat dengan This statement letter is made truthfully.
         sebenarnya.


                                            Lampung,




                                                           Til   20




                     lbnu                                                                   lbnu Surya Ramadhan
          Direktur                                                                   Direktur Keuanganl F inance Di rector




            t




                            Phone : +62 721 351 211
Page 5
 PT INDO AMERICAN SEAFOODS Tbk                                                         PT INDO AMERICAN SEAFOODS Tbk
 DAN ENTITAS ANAK                                                                                         AND SUBSIDIARY
 LAPORAN POSISI KEUANGAN                                                                         INTERIM CONSOLIDATIED
 KONSOLIDASIAN INTERIM                                                              STATEMENTS OF FINANCIAL POSITION
 Tanggal 30 September 2024 (Tidak Diaudit) dan                                      As of September 30, 2024 (Unaudited) and
 31 Desember 2023 (Diaudit)                                                                     December 31, 2023 (Audited)
 (Disajikan dalam Rupiah Penuh,                                                                 (Expressed in Full of Rupiah,
 kecuali Dinyatakan Lain)                                                                           unless Otherwise Stated)

                                             Catatan/      30 September 2024/       31 Desember 2023/
                                              Notes        September 30, 2024       December 31, 2023


ASET                                                                                                    ASSETS
ASET LANCAR                                                                                             CURRENT ASSETS
Kas dan Setara Kas                              4                  13.187.388.399       2.570.121.355   Cash and Cash Equivalents
Piutang Usaha                                                                                           Trade Accounts Receivable
  Pihak Berelasi                                5                     339.894.481         211.054.410     Related Parties
  Pihak Ketiga                                  5                  37.856.978.018      19.981.020.112     Third Parties
Piutang Lain-lain dari                                                                                  Other Receivables from
  Pihak Ketiga                                  6                     510.634.104         510.634.104     Third Parties
Persediaan                                      7                 262.102.659.717     218.071.396.362   Inventories
Aset Biologis                                   8                   3.489.807.904       2.415.719.386   Biological Assets
Pajak Dibayar Dimuka                           17a                 11.345.112.342       9.663.458.887   Prepaid Taxes
Uang Muka dan Biaya Dibayar Dimuka              9                   1.488.682.854       1.104.447.053   Prepaid Expenses and Advances
Jumlah Aset Lancar                                                330.321.157.819     254.527.851.669   Total Current Assets

ASET TIDAK LANCAR                                                                                       NON-CURRENT ASSETS

Piutang Lain-lain dari Pihak Berelasi           6                               -       7.022.707.423   Other Receivable from Related Parties
Aset Tetap                                                                                              Fixed Assets
  (Setelah dikurangi akumulasi                                                                            (Net of accumulated
  penyusutan pada tanggal                                                                                 depreciation as of September 30, 2024
  30 September 2024 dan 31 Desember 2023                                                                  and December 31, 2023
  masing-masing Rp 79.457.303.374                                                                         amounted to Rp 79,457,303,374
  dan Rp 73.711.192.647                         10                 68.366.993.855      74.113.104.582     and Rp 73,711,192,647 respectivley)
Aset Hak-Guna                                                                                           Right-of-Use Assets
  (Setelah dikurangi akumulasi                                                                            (Net of accumulated
  penyusutan pada tanggal                                                                                 depreciation as of
  30 September 2024 dan 31 Desember 2023                                                                  September 30, 2024 and December 2023
  masing-masing sebesar Rp 1.810.439.752                                                                  amounted to Rp 1,810,439,752
  dan Rp 1.178.447.040)                         11                  7.635.332.866       7.871.477.182     and Rp 1,178,447,040 respectively)
Aset Pajak Tangguhan                           17e                  1.790.182.139       1.790.182.139   Deferred Tax Assets
Jumlah Aset Tidak Lancar                                           77.792.508.860      90.797.471.326   Total Non-Current Assets
JUMLAH ASET                                                       408.113.666.679     345.325.322.995   TOTAL ASSETS




       Catatan atas laporan keuangan konsolidasian terlampir               The accompanying notes to the consolidated financial
       merupakan bagian yang tidak terpisahkan dari laporan                statements from an integral part of these consolidated
            keuangan konsolidasian secara keseluruhan                                      financial statements

                                                                   -1-
Page 6
 PT INDO AMERICAN SEAFOODS Tbk                                                        PT INDO AMERICAN SEAFOODS Tbk
 DAN ENTITAS ANAK                                                                                        AND SUBSIDIARY
 LAPORAN POSISI KEUANGAN                                                                        INTERIM CONSOLIDATIED
 KONSOLIDASIAN INTERIM                                                             STATEMENTS OF FINANCIAL POSITION
 (Lanjutan)                                                                                                    (Continued)
 Tanggal 30 September 2024 (Tidak Diaudit) dan                                     As of September 30, 2024 (Unaudited) and
 31 Desember 2023 (Diaudit)                                                                    December 31, 2023 (Audited)
 (Disajikan dalam Rupiah Penuh,                                                                (Expressed in Full of Rupiah,
 kecuali Dinyatakan Lain)                                                                          unless Otherwise Stated)

                                            Catatan/     30 September 2024/        31 Desember 2023/
                                             Notes       September 30, 2024        December 31, 2023
LIABILITAS DAN EKUITAS                                                                                  LIABILITIES AND EQUITY
LIABILITAS                                                                                              LIABILITIES
LIABILITAS JANGKA PENDEK                                                                                CURRENT LIABILITIES
Utang Usaha Kepada Pihak Ketiga               12                 10.645.094.570       20.407.901.137    Related Parties
Utang Bank                                    18                196.870.184.183      195.441.714.689    Bank Loans
Beban Akrual                                  14                  4.949.487.657        2.870.843.988    Accrued Expenses
Utang Pajak                                   18b                 4.409.068.751        2.863.697.915    Taxes Payable
Bagian Lancar dari Utang                                                                                Current Portion
Jangka Panjang                                                                                          of Long-Term Debt
  Utang Pembelian Aset Tetap                  15                     19.446.177           76.360.023       Purchase of Fixed Assets Liabilities
  Liabilitas Sewa kepada                                                                                   Lease Liabilities to
  Pihak Berelasi                              16                              -          624.277.457       Related Parties
  Utang Bank                                  19                    900.894.064        3.807.894.064       Bank Loans
Jumlah Liabilitas Jangka Pendek                                 217.794.175.402      226.092.689.273    Total Current Liabilities


LIABILITAS JANGKA PANJANG                                                                               NON-CURRENT LIABILITIES
Liabiltas Jangka Panjang - Setelah                                                                      Long-Term Debt Net of
Dikurangi Bagian Lancar                                                                                 Current Portion
  Pihak Berelasi                              13                              -          595.676.695       Related Parties
  Utang Lain-lain Kepada Pihak Ketiga         13                              -           41.000.000       Other Payable to Third Parties
Liabilitas Imbalan Pascakerja                 19                  9.955.987.332        9.301.883.257    Post-Employment Benefits Liabilities
Jumlah Liabilitas Jangka Panjang                                  9.955.987.332        9.938.559.952    Total Non-Current Liabilities

JUMLAH LIABILITAS                                               227.750.162.734      236.031.249.225    TOTAL LIABILITIES


EKUITAS                                                                                                 EQUITY
Modal Saham - Nilai Nominal                                                                             Share capital
Rp 50,- per Saham                                                                                       Par value Rp 50 per share,
  Modal Dasar Sebesar 3.200.000.000 Saham                                                                 Authorized Capital 3,200,000,000 shares
  pada 30 September 2024 dan 800.000.000                                                                   as of September 30, 2024 and 800,000,000
  saham pada 31 Desember 2023                                                                              Shares as of December, 31 2023
  Modal Ditempatkan dan Disetor Penuh                                                                      Subscribed and Paid-up - Capital
  1.390.000.000 lembar pada                                                                                1,390,000,000 shares
  27 Juni 2024,                                                                                            as of Juni 27, 2024
  1.100.000.000 pada Tahun 2023               20a                69.500.000.000       40.000.000.000       1,100,000,000 shares as of December 2023
Tambahan Modal Disetor                        21                104.623.471.870       49.739.416.785    Additional paid-in capital
Penghasilan Komprehensif lain                 29                   (377.072.852)        (377.072.852)   Other comprehensive income
Saldo Laba                                                                                              Retained earnings
  Ditentukan Penggunaannya                    20b                   410.000.000          410.000.000       Appropriated
  Tidak Ditentukan Penggunaannya              20b                 6.207.104.927       19.521.729.837       Unappropriated


JUMLAH EKUITAS                                                  180.363.503.945      109.294.073.770    TOTAL EQUITY
JUMLAH LIABILITAS DAN                                                                                   TOTAL LIABILITIES
EKUITAS                                                         408.113.666.679      345.325.322.995    AND EQUITY




     Catatan atas laporan keuangan konsolidasian terlampir               The accompanying notes to the consolidated financial
     merupakan bagian yang tidak terpisahkan dari laporan                statements from an integral part of these consolidated
          keuangan konsolidasian secara keseluruhan                                      financial statements

                                                                -2-
Page 7
 PT INDO AMERICAN SEAFOODS Tbk                                                   PT INDO AMERICAN SEAFOODS Tbk
 DAN ENTITAS ANAK                                                                                    AND SUBSIDIARY
 LAPORAN LABA RUGI KONSOLIDASIAN INTERIM                                INTERIM CONSOLIDATIED OF PROFIT OR LOSS
 Untuk Periode Sembilan Bulan Yang Berakhir                                           For the Nine-Month Periods Ended
 Tanggal 30 September 2024 dan 2023                                                 As of September 30, 2024 and 2023
 (Tidak Diaudit)                                                                                            (Unaudited)
 (Disajikan dalam Rupiah Penuh,                                                             (Expressed in Full of Rupiah,
 kecuali Dinyatakan Lain)                                                                      unless Otherwise Stated)

                                            Catatan/
                                             Notes               2024                     2023


PENJUALAN                                      22            160.540.499.628          149.774.869.471       SALES
BEBAN POKOK PENJUALAN                          23            (107.535.872.927)        (97.141.890.286)      COST OF GOODS SOLD

LABA KOTOR                                                    53.004.626.701           52.632.979.185       GROSS PROFITS


Beban Penjualan                                25             (13.450.215.380)        (18.108.262.146)      Selling Expenses
Beban Umum dan Administrasi                    26             (26.167.728.635)        (20.819.164.640)      General and Administration Expenses
Pendapatan (Beban) Lain-Lain - Bersih          27               2.273.092.655            (906.733.107)      Other Income (Changes) - Net
Beban bunga dan Keuangan                       28             (12.487.102.791)        (11.466.799.581)      Interest and Finance Cost

Sub Jumlah                                                    (49.831.954.151)        (51.300.959.474)      Sub Total


LABA SEBELUM PAJAK PENGHASILAN                                  3.172.672.550           1.332.019.711       INCOME BEFORE INCOME TAX
Beban Pajak Penghasilan:                                                                                    Income Tax Expenses:
   Pajak Kini                                 17c              (1.487.297.460)           (518.727.440)          Current Tax
   Pajak Tangguhan                            17c                         -                       -            Deferred Tax

LABA PERIODE BERJALAN                                           1.685.375.090          813.292.271,00       NET PROFIT FOR THE PERIOD

Pengukuran Kembali Imbalan Pasti               29                         -                       -         Remeasurement of Defined Benefit
Pajak Penghasilan Terkait                      29                         -                       -         Income Tax Related
JUMLAH PENGHASILAN KOMPREHENSIF LAIN                                      -                       -         OTHER COMPREHENSIVE INCOME

LABA KOMPREHENSIF                                                                                           COMPREHENSIVE INCOME
PERIODE BERJALAN                                                1.685.375.090             813.292.271       FOR THE PERIOD




     Catatan atas laporan keuangan konsolidasian terlampir                    The accompanying notes to the consolidated financial
     merupakan bagian yang tidak terpisahkan dari laporan                     statements from an integral part of these consolidated
          keuangan konsolidasian secara keseluruhan                                           financial statements

                                                                 -3-
Page 8
 PT INDO AMERICAN SEAFOODS Tbk DAN ENTITAS ANAK                                                                                                                      PT INDO AMERICAN SEAFOODS Tbk AND SUBSIDIARY
 LAPORAN PERUBAHAN EKUITAS KONSOLIDASIAN INTERIM                                                                                                                            INTERIM CONSOLIDATIED CHANGES IN EQUITY
 Untuk Periode Sembilan Bulan yang Berakhir Tanggal 30 September 2024 dan 2023                                                                           For the Nine-Month Periods Ended As of September 30, 2024 and 2023
 (Tidak Diaudit)                                                                                                                                                                                                    (Unaudited)
 (Disajikan dalam Rupiah Penuh, kecuali Dinyatakan Lain)                                                                                                                  (Expressed in Full of Rupiah, unless Otherwise Stated)

                                                                                                                                    Saldo Laba/
                                                                                                                                  Retained Earning
                                                                                                                                                           Proforma Ekuitas
                                                                                                                                                         dari Kombinasi Bisnis
                                                                                                                                                         Entitas Sepengendali/
                                                         Tambahan                 Penghasilan                                                            Equity Proforma from
                                                        Modal Disetor/         Komprehensif Lain/          Ditentukan        Tidak Ditentukan           Business Combination
                                   Modal Saham/           Additional          Other Comprehensive       Penggunaannya/       Penggunaannya/                of Entities Under               Jumlah Ekuitas/
                                   Share Capital        Paid-in-Capital              Income              Appropriated        Unappropriated               Common Control                     Total Equity
Saldo 31 Desember 2022             40.000.000.000        25.871.690.669               (368.797.440)          410.000.000        18.237.502.879                     23.406.501.673                107.556.897.781   Balance as of December 31, 2022

Laba Periode Berjalan                               -                     -                         -                    -         813.292.271                                        -              813.292.271   Profit for The Period
Pembalikan atas Proforma Ekuitas                                                                                                                                                                                   Reversed to the Proforma
yang Timbul dari Kombinasi                                                                                                                                                                                         Equity from Business Combination of
Bisnis Entitas Sepengendali                         -    23.867.726.116                             -                    -       (461.224.443)                    (23.406.501.673)                             -   Entities Under Common Control


Saldo 30 September 2023            40.000.000.000        49.739.416.785               (368.797.440)          410.000.000        18.589.570.707                                        -          108.370.190.052   Balance as of September 30, 2023

Saldo 1 Januari 2024               40.000.000.000        49.739.416.785               (377.072.852)          410.000.000        19.521.729.837                                        -          109.294.073.770   Balance as of January 1, 2024


Tambahan Modal di Setor                                 54.884.055.085                           -                    -                   -                                   -                   54.884.055.085   Additional Paid-in Capital
Setoran Modal                      15.000.000.000                    -                           -                    -       (15.000.000.000)                                -                                -   Paid up Capital
Masyarakat (dibawah 5%)            14.500.000.000                         -                         -                    -                      -                             -                   14.500.000.000   Public (each below 5%)
Laba Periode Berjalan                               -                     -                         -                    -       1.685.375.090                                    -                1.685.375.090   Profit for The Period


Saldo 30 September 2024            69.500.000.000       104.623.471.870               (377.072.852)          410.000.000         6.207.104.927                                        -          180.363.503.945   Balance as of September 30, 2024




                                              Catatan atas laporan keuangan konsolidasian terlampir                                                 The accompanying notes to the consolidated financial
                                              merupakan bagian yang tidak terpisahkan dari laporan                                                  statements from an integral part of these consolidated
                                                   keuangan konsolidasian secara keseluruhan                                                                        financial statements

                                                                                                                             -4-
Page 9
 PT INDO AMERICAN SEAFOODS Tbk                                                     PT INDO AMERICAN SEAFOODS Tbk
 DAN ENTITAS ANAK                                                                                     AND SUBSIDIARY
 LAPORAN ARUS KAS                                                                             INTERIM CONSOLIDATIED
 KONSOLIDASIAN INTERIM                                                                                 OF CASH FLOWS
 Untuk Periode Sembilan Bulan yang Berakhir                                            For the Nine-Month Periods Ended
 Tanggal 30 September 2024 dan 2023 (Tidak Diaudit)                        As of September 30, 2024 and 2023 (Unaudited)
 (Disajikan dalam Rupiah Penuh,                                                              (Expressed in Full of Rupiah,
 kecuali Dinyatakan Lain)                                                                        unless Otherwise Stated)

                                                     2024                 2023


ARUS KAS DARI AKTIVITAS                                                                    CASH FLOWS FROM OPERATING
OPERASI                                                                                    ACTIVITIES
Penerimaan Kas dari Pelanggan                    142.535.701.651      198.600.619.207      Cash Receipts from Customers
Pembayaran Kepada Pemasok                        (153.211.436.065)    (153.671.439.280)    Cash Paid to Supplier
Pembayaran Kepada Karyawan                        (24.434.393.698)     (25.590.754.706)    Cash Paid to Employees
Pembayaran Beban Operasional Lainnya               (9.843.676.650)     (12.898.952.619)    Cash Paid for Other Operating Expenses
Kas Dihasilkan dari Operasi                       (44.953.804.762)       6.439.472.602     Cash Generated from Operating
Pembayaran Pajak Penghasilan                       (2.993.103.253)      (2.280.513.846)    Cash Paid for Income Taxes Paid
Pembayaran Beban Bunga dan Keuangan               (12.487.102.791)     (11.291.340.727)    Payment of Interest and Finance Costs


Kas Bersih Digunakan Untuk                                                                 Net Cash Used in
Aktivitas Operasi                                 (60.434.010.806)      (7.132.381.971)    Operating Expenses


ARUS KAS DARI AKTIVITAS INVESTASI                                                          CASH FLOWS FROM INVESTING
Penambahan Aset Tetap                                           -         (149.115.000)    Acquisition of Fixed Assets
Penerimaan Desposito                                 250.000.000                     -     Receipt of Deposits
Piutang Lain-Lain dari Pihak Berelasi                                                      Other Recivable from Related Parties
  Penerimaan                                        7.022.707.423                    -       Payments
Kas Bersih Digunakan untuk                                                                 Net Cash Used in
dari Aktivitas Investasi                            7.272.707.423         (149.115.000)    Obtained from Investment Activities


ARUS KAS DARI AKTIVITAS PENDANAAN                                                          CASH FLOWS FROM FINANCING
Utang Bank                                                                                  Bank Loan
 Penerimaan                                      649.398.050.028      320.718.850.062        Proceeds
 Pembayaran                                      (653.783.580.534)    (316.298.545.908)      Payments
Pembayaran Liabilitas Sewa                           (624.277.457)                   -     Payment of Lease Liabilities
Modal Disetor dari Penawaran Umum                                                          Paid-Up Capital from Initial
Perdana Saham                                     14.500.000.000                     -     Public Offering of Share
Agio Saham atas Penawaran Umum                                                             Premium on Capital Stock Initial
Saham Perdana                                     58.000.000.000                     -     Public Offering
Biaya Emisi atas Penawaran Umum                                                            Emission Costs for Initial
Saham Perdana                                      (3.115.944.915)                   -     Public Offering of Shares
Utang Lain-Lain Kepada Pihak Berelasi                                                      Other Payable from Related Parties
  Penerimaan                                                    -         755.097.100        Proceed
  Pembayaran                                         (595.676.695)                   -       Payments

Kas Bersih Diperoleh dari                                                                  Net Cash Provided by
Aktivitas Pendanaan                               63.778.570.427         5.175.401.254     Financing Activities

KENAIKAN (PENURUNAN) BERSIH KAS                                                            NET INCREASE (DECREASE) IN CASH
DAN SETARA KAS                                    10.617.267.044        (2.106.095.717)    AND CASH EQUIVALENTS

SALDO KAS DAN SETARA KAS                                                                   CASH AND CASH EQUIVALENTS
AWAL PERIODE                                        2.570.121.355        4.920.468.963     AT BEGINNING OF PERIOD
SALDO KAS DAN SETARA KAS                                                                   CASH AND CASH EQUIVALENTS
AKHIR PERIODE                                     13.187.388.399         2.814.373.246     AT END OF PERIOD




       Catatan atas laporan keuangan konsolidasian terlampir          The accompanying notes to the consolidated financial
       merupakan bagian yang tidak terpisahkan dari laporan           statements from an integral part of these consolidated
            keuangan konsolidasian secara keseluruhan                                 financial statements

                                                                -5-
Page 10
PT INDO AMERICAN SEAFOODS Tbk                                                  PT INDO AMERICAN SEAFOODS Tbk
DAN ENTITAS ANAK                                                                               AND ITS SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN                                          NOTES TO THE CONSOLIDATED FINANCIAL
KONSOLIDASIAN INTERIM                                                                        STATEMENTS INTERIM
Tanggal 30 September 2024 (Tidak Diaudit)                                   As of September 30, 2024 (Unaudited) and
dan 31 Desember 2023 (Diaudit)                                                           December 31, 2023 (Audited)
Serta untuk Periode Sembilan Bulan yang Berakhir                And for the Nine-Months Period and for the Period then
pada Tanggal 30 September 2024 dan 2023                                          Ended September 30, 2024 and 2023
(Tidak Diaudit)                                                                                            (Unaudited)
(Disajikan dalam Rupiah Penuh,                                                    (Expressed in Full Amount of Rupiah,
kecuali Dinyatakan Lain)                                                                     unless Otherwise Stated)

1. UMUM                                                         1. GENERAL

   1.a. Pendirian dan Informasi Umum                                1.a. Establishment and General Information

       PT     Indo     American       Seafoods     Tbk                   PT Indo American Seafoods Tbk (the
       (“Perusahaan”) didirikan berdasarkan Akta                         “Company’s”) was established based on
       Notaris No. 5 tanggal 6 April 2006 dari Akhmadi                   Notarial Deed No. 5 dated April 6, 2006 of
       Dachlan, S.H., notaris di Bandar Lampung.                         Akhmadi Dachlan, S.H., a public notary in
       Akta pendirian ini telah disahkan oleh Menteri                    Bandar Lampung. The Deed of Establishment
       Hukum dan Hak Asasi Manusia Republik                              was approved by the Ministry of Law and
       Indonesia dengan Surat Keputusannya                               Human Rights of the Republic of Indonesia in
       No.     C-16465HT.01.01.TH.2006          tanggal                  its Decision Letter No. C-16465HT.01.01.TH.
       6 Juni 2006 dan telah diumumkan dalam                             2006 dated June 6, 2006 and was published
       Lembar Berita Negara Republik Indonesia                           in the State Gazette of the Republic of
       No. AHU-0011137.AH.01.09. Tahun 2010                              Indonesia No. AHU-0011137.AH.01.09. Year
       tanggal 12 Februari 2010.                                         2010 dated February 12, 2010.

        Anggaran dasar perusahaan telah beberapa                         The Company's Articles of Association have
        kali mengalami perubahan. Perubahan                              undergone several changes. The latest
        terakhir sebagaimana dinyatakan dalam Akta                       changes as stated on Deed No. 230 dated
        No. 230 tanggal 29 Februari 2024 dari Rosida                     February, 29 2024 from Rosida Rajagukguk-
        Rajagukguk-Siregar, S.H, M.Kn, Notaris di                        Siregar, S.H, M.Kn, Notary in South Jakarta
        Kota Jakarta Selatan, yang telah disahkan oleh                   City which was ratified by the Minister of Law
        Menteri Hukum dan Hak Asasi Manusia                              and Human Rights of the Republic of
        Republik Indonesia berdasarkan Surat                             Indonesia     based      on     No.      AHU-
        Keputusan No. AH 0013993.AH.01.02.TAHUN                          0013993.AH.01.02.TAHUN         2024      dated
        2024 tanggal 1 Maret 2024.                                       March 1, 2024 .

       Sesuai dengan Pasal 3 Anggaran Dasar                              Based on Article 3 of the Company’s Articles
       Perusahaan,     ruang     lingkup     kegiatan                    of Association, the Company's scope of
       Perusahaan terutama bergerak dalam bidang                         activities is mainly engaged in Industry,
       Perindustrian,    Perdagangan,         Industri                   Trade, freezing of other aquatic biota. Food
       pembekuan biota air lainnya, Industri makanan                     and processed food industry, large trade in
       dan masakan olahan, perdagangan besar hasil                       fishery products. The Company is engaged in
       perikanan. Pada saat ini Perusahaan bergerak                      shrimp processing.
       dalam bidang pengolahan udang.

       Perusahaan memulai operasi komersil pada                          The Company started          its   commercial
       tahun 2006.                                                       operations in 2006.

       Perusahaan berdomisili di Lampung dan                             The Company is domiciled in Lampung and its
       berkantor pusat di Jl. Ir. Sutami Km. 13 Desa                     head office is located at Jl. Ir. Sutami Km. 13
       Sukanegara, Kec. Tanjung Bintang, Kab.                            Desa Sukanegara, Kec. Tanjung Bintang,
       Lampung Selatan.                                                  Kab. Lampung Selatan.

       Pada tanggal 30 September 2024 dan 31                             As of September 30, 2024 and December 31,
       Desember 2023 Perusahaan memiliki 138                             2023 the company has total of 138 permanent
       karyawan tetap (Tidak Audit).                                     employees repectively (Unaudited).




                                                          -6-
Page 11
PT INDO AMERICAN SEAFOODS Tbk                                               PT INDO AMERICAN SEAFOODS Tbk
DAN ENTITAS ANAK                                                                           AND ITS SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN                                       NOTES TO THE CONSOLIDATED FINANCIAL
KONSOLIDASIAN INTERIM (Lanjutan)                                             STATEMENTS INTERIM ( Continued)
Tanggal 30 September 2024 (Tidak Diaudit)                                    As of September 30, 2024 (Unaudited)
dan 31 Desember 2023 (Diaudit)                                                   and December 31, 2023 (Audited)
Serta untuk Periode Sembilan Bulan yang Berakhir             And for the Nine-Months Period and for the Period then
pada Tanggal 30 September 2024 dan 2023                                       Ended September 30, 2024 and 2023
(Tidak Diaudit)                                                                                         (Unaudited)
(Disajikan dalam Rupiah Penuh,                                                (Expressed in Full Amount of Rupiah,
kecuali Dinyatakan Lain)                                                                  unless Otherwise Stated)

   1.b. Susunan Dewan Komisaris dan Direksi                      1.b. The  Composition      of    Board           of
                                                                      Commissioners and Directors

       Susunan Dewan Komisaris dan Direksi                            The Company’s Board of Commissioners and
       Perusahaan pada tanggal 30 September 2024                      Directors as of September 30, 2024 and
       dan 31 Desember 2023 adalah sebagai                            December 31, 2023 were as follows:
       berikut:

                                                   30 September 2024/
                                                   September 30, 2024

        Dewan Komisaris                                                                Board of Commissioners
        Komisaris Utama              :                 Saimi Saleh                 :   President Commissioner
        Komisaris Independen         :               Leo Herlambang                :   Independent Commissioner

        Dewan Direksi                                                                  Board of Directors
        Direktur Utama               :               Ibnu Syena Alfitra            :   President Director
        Direktur                     :             Ibnu Surya Ramadhan             :   Director
        Direktur                     :                   Abu Yazid                 :   Director

                                                   31 Desember 2023/
                                                   December 31, 2023

        Dewan Komisaris                                                                Board of Commissioners
        Komisaris                    :                 Saimi Saleh                 :   Commissioner

        Dewan Direksi                                                                  Board of Directors
        Direktur Utama               :               Ibnu Syena Alfitra            :   President Director
        Direktur                     :             Ibnu Surya Ramadhan             :   Director

         Sekretaris Perusahaan                                        Corporate Secretary

       Berdasarkan    Surat    Keputusan    Direksi                   Based on Directors Decree No 09/SK-
       No: 09/SK-GCG/IAS/LGL/III/2024 mengenai                        GCG/IAS/LGL/III/2024      regarding       the
       penunjukkan Sekretaris Perusahaan PT Indo                      appointment of the Corporate Secretary of PT
       American Seafoods, Tbk tertanggal 1 Maret                      Indo American Seafoods Tbk dated March 1,
       2024, Perusahaan telah menunjuk Saudara                        2024, the Company’s has appointed Gustav as
       Gustav sebagai Sekretaris Perusahaan.                          the Corporate Secretary.

       Komite Audit                                                   Audit Committee

       Dewan Komisaris Perusahaan telah menunjuk                      The Company’s Board of Commissioners has
       Anggota Komite Audit Berdasarkan Surat                         appointed an Audit Committe Member Based
       Keputusan      Direksi      No:      10/SK-                    on     Directors     Decree     No: 10/SK-
       GCG/IAS/LGL/III/2024 tertanggal 1 Maret 2024                   GCG/IAS/LGL/III/2024 dated March 1, 2024
       dengan susunan sebagai berikut:                                with the following composition:

        - Ketua : Leo Herlambang                                      - Head   : Leo Herlambang
        - Anggota : Samsul Huda                                       - Member : Samsul Huda
        - Anggota : Eka Anugeraha Putera                              - Member : Eka Anugeraha Putera




                                                       -7-
Page 12
PT INDO AMERICAN SEAFOODS Tbk                                                             PT INDO AMERICAN SEAFOODS Tbk
DAN ENTITAS ANAK                                                                                         AND ITS SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN                                                     NOTES TO THE CONSOLIDATED FINANCIAL
KONSOLIDASIAN INTERIM (Lanjutan)                                                           STATEMENTS INTERIM ( Continued)
Tanggal 30 September 2024 (Tidak Diaudit)                                                  As of September 30, 2024 (Unaudited)
dan 31 Desember 2023 (Diaudit)                                                                 and December 31, 2023 (Audited)
Serta untuk Periode Sembilan Bulan yang Berakhir                           And for the Nine-Months Period and for the Period then
pada Tanggal 30 September 2024 dan 2023                                                     Ended September 30, 2024 and 2023
(Tidak Diaudit)                                                                                                       (Unaudited)
(Disajikan dalam Rupiah Penuh,                                                              (Expressed in Full Amount of Rupiah,
kecuali Dinyatakan Lain)                                                                                unless Otherwise Stated)

       Kepala Unit Audit Internal                                                   Head of Internal Audit Unit

       Berdasarkan Surat Keputusan Direksi No:                                      Based on Directors Decree No: 11/SK-
       11/SK-GCG/IAS/LGL/III/2024       mengenai                                    GCG/IAS/LGL/III/2024      regarding      the
       Pengangkatan Kepala Unit Audit Internal                                      Appointment of the Head of the Internal Audit
       PT Indo American Seafoods ,Tbk tertanggal                                    Unit PT Indo American Seafoods Tbk dated
       1 Maret 2024, Perusahaan telah menunjuk                                      March 1, 2024 the Company has appointed
       Saudari Herlina Wahyuni sebagai Kepala Unit                                  Herlina Wahyuni as the Head of the
       Audit Internal Perusahaan.                                                   Company’s Internal Audit Unit.

       Pengendali terakhir dari Perusahaan adalah                                   The ultimate controller of the company is
       Saimi Saleh.                                                                 Saimi Saleh.

   1.c. Struktur Perseroan dan Entitas Anak                                    1.c. The Company’s Structure and Subsidiary

        Rincian entitas anak Grup pada akhir periode                                Details of the Group’s subsidiary at the end of
        pelaporan adalah sebagari berikut:                                          the reportig period are as follows:
                                                                                  Jumlah Aset
                                                                                    Sebelum
                                                                                    Eliminasi            Persentase        Tahun
                                                                               31 Desember 2023/        Kepemilikan      Operasional
                                                                                  Total assets       31 Desember 2023/   Komersial/
                                                                                      Before           Percentage of       Start of
               Entitas Anak/           Jenis Usaha/            Domisili/           Elimination           Ownership       Commercial
                Subsidiary            Business Type            Domicile        December 31, 2023     December 31, 2023   Operations

        PT Indokom Samudra Persada   bidang pengolahan      Lampung Selatan        248.490.881.601        51,22%            2006
        (ISP)                               udang/
                                      the field of shrimp
                                         processing


        Pada tanggal 28 Desember 2023, Perusahaan                                    On December 28, 2023 the Company
        membeli saham PT Indokom Samudra                                             purchased 1,050 shares of PT Indokom
        Persada sebanyak 1.050 lembar (“Saham                                        Samudra Persada (“New Shares”), brining the
        Baru”),   sehingga    kepemilikan    saham                                   Company’s share ownership in PT Indokom
        Perusahaan di PT Indokom Samudra Persada                                     Samudra Persada to 51.22% (1,050 shares).
        menjadi 51,22% (1.050 lembar saham).




                                                                    -8-
Page 13
PT INDO AMERICAN SEAFOODS Tbk                                               PT INDO AMERICAN SEAFOODS Tbk
DAN ENTITAS ANAK                                                                           AND ITS SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN                                       NOTES TO THE CONSOLIDATED FINANCIAL
KONSOLIDASIAN INTERIM (Lanjutan)                                             STATEMENTS INTERIM ( Continued)
Tanggal 30 September 2024 (Tidak Diaudit)                                    As of September 30, 2024 (Unaudited)
dan 31 Desember 2023 (Diaudit)                                                   and December 31, 2023 (Audited)
Serta untuk Periode Sembilan Bulan yang Berakhir             And for the Nine-Months Period and for the Period then
pada Tanggal 30 September 2024 dan 2023                                       Ended September 30, 2024 and 2023
(Tidak Diaudit)                                                                                         (Unaudited)
(Disajikan dalam Rupiah Penuh,                                                (Expressed in Full Amount of Rupiah,
kecuali Dinyatakan Lain)                                                                  unless Otherwise Stated)

        PT Indokom Samudra Persada (“ISP”)                            PT Indokom Samudra Persada (“ISP”)

        Berdasarkan akta jual beli saham No.149                       Based on the deed of sale and purchase of
        tanggal 28 Desember 2023 dari Achmad                          shares No.149 dated December 28, 2023
        Kardiansyah, S.H., M.Kn. notaris di Bandar                    from Achmad Kardiansyah, S.H., M.Kn. notary
        Lampung. Perusahaan melakukan pembelian                       in Bandar Lampung. The Company purchased
        saham dengan jumlah nilai akuisisi sebesar                    shares with a total acquisition value of
        Rp 1.050.000.000, yang terdiri dari 1.050                     Rp 1,050,000,000, consisting of 1,050 new
        lembar saham baru atau ekuivalen dengan                       shares or equivalent to 51.22% ownership.
        51,22% kepemilikan. Kepemilikan 29,27%                        Ownership of 29.27% of the shares PT ISP is
        saham PT ISP dimiliki oleh Tn. Saimi Saleh                    owned by Mr. Saimi Saleh who is the ultimate
        yang merupakan pengendali akhir Perusahaan                    controller of the Company and Ownership of
        dan kepemilikan 19,51% dimiliki Ibnu Syena                    19,51% of the shares owned by whom a close
        Alfitra yang merupakan anggota keluarga                       family member Mr. Saimi Saleh Ibnu Syena
        dekat Tn Saimi Saleh, sehingga tidak terdapat                 Alfitra to the reporting entity so there is no non-
        kepentingan non pengendali (non controlling                   controlling interest in the Group's consolidated
        interest)   dalam      laporan     keuangan                   financial statements.
        konsolidasian Grup.

        Kombinasi Bisnis Entitas Sepengendali                         Business Combination of Entities Under
                                                                      Common Control

        Pada 28 Desember 2023, Perusahaan                             On December 28, 2023, the Company
        mengakuisisi saham PT Indokom Samudra                         acquired shares in PT Indokom Samudra
        Persada dengan persentase kepemilikan                         Persada with an ownership percentage
        sebesar 51,22% dengan harga pembelian                         of 51.22% with a purchase price of
        sebesar Rp 1.050.000.000. PT Indokom                          Rp 1,050,000,000. PT Indokom Samudra
        Samudra Persada sebelumnya dikendalikan                       Persada was previously controlled by
        oleh Tn. Saimi Saleh melalui kepemilikannya                   Mr. Saimi Saleh through his ownership of
        sebesar 60% selanjutnya setelah akuisisi                      60%, following the acquisition of PT Indokom
        PT Indokom Samudra Persada oleh                               Samudra Persada by the Company, Mr. Saimi
        Perusahaan, Tn. Saimi Saleh tetap memiliki                    Saleh still has control of PT Indokom Samudra
        pengendalian terhadap PT Indokom Samudra                      Persada through his ownership in PT Indo
        Persada melalui kepemilikannya di PT Indo                     American Food amounting to 60%. Thus,
        American Food sebesar 60%. Dengan                             because the Company and PT Indokom
        demikian karena Perusahaan dan PT Indokom                     Samudra Persada are entities under common
        Samudra       Persada    merupakan       entitas              control, the acquisition was recorded using the
        sepengendali, akuisisi tersebut dicatat dengan                Pooling of Interest method.
        menggunakan metode penyatuan kepentingan
        (Pooling of Interest).

        Tabel berikut merangkum nilai buku aset yang                  The following table summarizes the book
        diperoleh,     liabilitas dan   kepentingan                   values of acquired assets, liabilities and non-
        nonpengendali yang timbul dari kombinasi                      controlling interests arising from business
        bisnis entitas sepengendali:                                  combinations of entities under common
                                                                      control:




                                                       -9-
Page 14
PT INDO AMERICAN SEAFOODS Tbk                                                    PT INDO AMERICAN SEAFOODS Tbk
DAN ENTITAS ANAK                                                                                AND ITS SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN                                            NOTES TO THE CONSOLIDATED FINANCIAL
KONSOLIDASIAN INTERIM (Lanjutan)                                                  STATEMENTS INTERIM ( Continued)
Tanggal 30 September 2024 (Tidak Diaudit)                                         As of September 30, 2024 (Unaudited)
dan 31 Desember 2023 (Diaudit)                                                        and December 31, 2023 (Audited)
Serta untuk Periode Sembilan Bulan yang Berakhir                  And for the Nine-Months Period and for the Period then
pada Tanggal 30 September 2024 dan 2023                                            Ended September 30, 2024 and 2023
(Tidak Diaudit)                                                                                              (Unaudited)
(Disajikan dalam Rupiah Penuh,                                                     (Expressed in Full Amount of Rupiah,
kecuali Dinyatakan Lain)                                                                       unless Otherwise Stated)

                                                            Nilai Tercatat pada
                                                               Saat Akuisisi/
                                                            Carrying Value at
                                                                  Time of
                                                                Acquisition
        Aset Lancar                                           185.750.551.056     Current Assets
        Aset Tidak Lancar                                      62.740.330.545     Non-Current Assets
        Total Aset                                            248.490.881.601     Total Assets
        Total Liabilitas Jangka Pendek                        216.919.018.164     Current Liabilities
        Total Liabilitas Jangka Panjang                         6.654.137.321     Non- Current Liabilities
        Total Liabilitas                                      223.573.155.485     Total Liabilities
        Total Aset Neto Teridentifikasi dengan Nilai Buku      24.917.726.116     Total Identified Net Assets with Book Value
        Dikurangi Imbalan yang Dibayarkan                      (1.050.000.000)    Less Rewards Paid
        Jumlah Nilai Transaksi dengan Entitas                                     Total Value of Transactions with Entities
        Sepengendali (Catatan 22)                              23.867.726.116     Under Common Control (Note 22)

   1.d. Penawaran Umum Saham Perusahaan                                1.d. The Company’s Public Offering of Share

        Pada tanggal 27 Juni 2024 Perusahaan                                On June 27, 2024, the Company obtained an
        memperoleh pernyataan efektif dari Ketua                            effective statement from the Chairman of the
        Dewan Komisioner Otoritas Jasa Keuangan                             Board of Commissioners of the Financial
        (OJK) dengan suratnya No. S-81/D.04/2024                            Services Authority (OJK) with its letter No. S-
        untuk melakukan penawaran umum perdana                              81/D.04/2024 to conduct an initial public
        290.000.000 saham kepada masyarakat. Pada                           offering of 290,000,000 shares to the public.
        tanggal 8 Juli 2024, saham tersebut telah                           On July 8, 2024, the shares were listed on the
        dicatatkan pada Bursa Efek Indonesia.                               Indonesia Stock Exchange.

        Pada tanggal 8 Juli 2024, 1.100.000.000                             As at July 8, 2024, 1,100,000,000 shares
        saham milik Pemegang. Saham pendiri telah                           owned by the founding Shareholders have
        tercatat pada Bursa Efek Indonesia.                                 been listed on the Indonesia Stock Exchange.

   1.e. Penyelesaian Laporan Keuangan                                  1.e. Financial Statement Completion

        Manajemen       bertanggung     jawab      atas                     Management is responsible for the
        penyusunan dan penyajian laporan keuangan                           preparation and presentation of these
        ini yang telah diselesaikan dan disetujui untuk                     financial statements which have been
        diterbitkan oleh Direksi pada tanggal                               completed and approved for publication by the
        29 Oktober 2024.                                                    Board of Directors on 29 October, 2024.




                                                            - 10 -
Page 15
PT INDO AMERICAN SEAFOODS Tbk                                          PT INDO AMERICAN SEAFOODS Tbk
DAN ENTITAS ANAK                                                                      AND ITS SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN                                  NOTES TO THE CONSOLIDATED FINANCIAL
KONSOLIDASIAN INTERIM (Lanjutan)                                        STATEMENTS INTERIM ( Continued)
Tanggal 30 September 2024 (Tidak Diaudit)                               As of September 30, 2024 (Unaudited)
dan 31 Desember 2023 (Diaudit)                                              and December 31, 2023 (Audited)
Serta untuk Periode Sembilan Bulan yang Berakhir        And for the Nine-Months Period and for the Period then
pada Tanggal 30 September 2024 dan 2023                                  Ended September 30, 2024 and 2023
(Tidak Diaudit)                                                                                    (Unaudited)
(Disajikan dalam Rupiah Penuh,                                           (Expressed in Full Amount of Rupiah,
kecuali Dinyatakan Lain)                                                             unless Otherwise Stated)

2. INFORMASI KEBIJAKAN AKUNTANSI                            2. MATERIAL    ACCOUNTING                 POLICIES
   MATERIAL                                                    INFORMATION

    2.a. Pernyataan Kepatuhan                                 2.a. Compliance Statement

         Laporan Keuangan Konsolidasian Grup                       The Consolidated Financial Statements of
         disusun dan disajikan sesuai dengan Standar               the Group are prepared and presented in
         Akuntansi Keuangan di Indonesia yang                      accordance with Indonesian Financial
         meliputi Pernyataan Standar Akuntansi                     Accounting Standards which include the
         Keuangan (PSAK) dan Interpretasi Standar                  PSAK and ISAK issued by the Financial
         Akuntansi Keuangan (ISAK) yang diterbitkan                Accounting Standard Board - Institute of
         oleh Dewan Standar Akuntansi Keuangan -                   Indonesian Chartered Accountants (DSAK-
         Ikatan Akuntan Indonesia (DSAK-IAI) dan                   IAI) , and capital market regulation including
         peraturan pasar modal antara lain Peraturan               the Regulation of Financial Services
         Otoritas Jasa Keuangan/Badan Pengawas                     Authority/Capital Market and Supervisory
         Pasar Modal dan Lembaga Keuangan                          Board        of      Financial      Institution
         (OJK/Bapepam-LK) No. VIII.G.7 tentang                     (OJK/Bapepam-LK) No. VIII.G.7 regarding
         Penyajian dan Pengungkapan Laporan                        Presentation and Disclosure of Financial
         Keuangan Emiten atau Perusahaan Publik.                   Statements of the Issuer or Public Company.

    2.b. Dasar Penyusunan Laporan Keuangan                    2.b. Basis of Financial Statements

         Laporan keuangan Konsolidasian Grup,                      The Consolidated financial statements of the
         kecuali   laporan    arus   kas,   disusun                Group, except for the statement of cash
         berdasarkan     konsep    akrual   dengan                 flows, are prepared on the accrual basis
         menggunakan konsep biaya historis, kecuali                using the historical cost concept of
         seperti yang disebutkan dalam catatan atas                accounting, except as disclosed in the
         laporan keuangan yang relevan.                            relevant notes to the financial statements.

         Laporan arus kas konsolidasian disajikan                  The Consolidated statement of cash flows is
         dengan metode langsung, menyajikan                        prepared using the direct method, presents
         penerimaan dan pengeluaran kas dan bank                   receipts and disbursements of cash and cash
         yang diklasifikasikan sebagai aktivitas                   equivalents by classifying into operating,
         operasi, investasi dan pendanaan.                         investing and financing activities.

         Mata uang pelaporan yang digunakan dalam                  The reporting currency used in the financial
         laporan keuangan adalah Rupiah yang                       statements is Rupiah which is the Group’s
         merupakan mata uang fungsional Grup.                      functional currency. Figures in the financial
         Seluruh angka dalam laporan keuangan ini                  statements are presented in full of Rupiah,
         disajikan dalam Rupiah penuh, kecuali bila                unless otherwise stated.
         dinyatakan lain.

    2.c. Perubahan atas Pernyataan          Standar           2.c. Amendments       and  Improvements
         Akuntansi Keuangan (PSAK)                                 Statements of Financial Accounting
                                                                   Standards (PSAK)

         Pada tanggal 1 Januari 2024, Perusahaan                  On January 1, 2024, the Company
         menerapkan amendemen dan penyesuaian                     implemented amendments and adjustments
         standar akuntansi yang relevan dengan                    to accounting standards relevant to the
         pelaporan keuangan Perusahaan dan efektif                Company's financial reporting and effective
         berlaku sejak tanggal tersebut, sebagai                  from that date, as follows:
         berikut:


                                                   - 11 -
Page 16
PT INDO AMERICAN SEAFOODS Tbk                                             PT INDO AMERICAN SEAFOODS Tbk
DAN ENTITAS ANAK                                                                         AND ITS SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN                                     NOTES TO THE CONSOLIDATED FINANCIAL
KONSOLIDASIAN INTERIM (Lanjutan)                                           STATEMENTS INTERIM ( Continued)
Tanggal 30 September 2024 (Tidak Diaudit)                                  As of September 30, 2024 (Unaudited)
dan 31 Desember 2023 (Diaudit)                                                 and December 31, 2023 (Audited)
Serta untuk Periode Sembilan Bulan yang Berakhir           And for the Nine-Months Period and for the Period then
pada Tanggal 30 September 2024 dan 2023                                     Ended September 30, 2024 and 2023
(Tidak Diaudit)                                                                                       (Unaudited)
(Disajikan dalam Rupiah Penuh,                                              (Expressed in Full Amount of Rupiah,
kecuali Dinyatakan Lain)                                                                unless Otherwise Stated)

         Amendemen PSAK 201, ”Penyajian Laporan                         Amendment to PSAK 201, "Presentation of
         Keuangan tentang Klasifikasi Liabilitas                        Financial Statements on the Classification of
         sebagai Jangka Pendek atau Jangka                              Liabilities as Short Term or Long Term"
         Panjang”

         Amendemen menentukan persyaratan untuk                         The amendment specifies the requirements
         mengklasifikasikan liabilitas sebagai jangka                   for classifying liabilities as short-term or long-
         pendek atau jangka panjang. Amendemen                          term. The amendment explains:
         tersebut menjelaskan:
        • Apa yang dimaksud dengan hak untuk                        •     What is meant by the right to suspend
            menangguhkan penyelesaian;                                    settlement;
        • Bahwa hak entitas untuk menangguhkan                      •     That the entity's right to suspend
            penyelesaian liabilitas harus ada pada                        settlement of liabilities must exist at the
            akhir periode pelaporan;                                      end of the reporting period;
        • Klasifikasi tersebut tidak terpengaruh oleh               •     The classification is not affected by the
            kemungkinan        bahwa    entitas    akan                   likelihood that the entity will exercise its
            menggunakan             haknya        untuk                   right to suspend settlement of liabilities;
            menangguhakan penyelesaian liabilitas;
        • Hanya jika suatu derivatif melekat dalam                  •     Only if a derivative inherent in a
            liabilitas konvertibel merupakan instrumen                    convertible liability is an equity instrument
            ekuitas saja, penggunaaan frasa liabilitas                    only, the use of the phrase liability will not
            tidak akan memengaruhi klasifikasinya.                        affect its classification

         Amendemen tersebut berlaku efektif untuk                       The amendments are effective for annual
         periode pelaporan tahunan yang dimulai                         reporting periods beginning on or after
         pada atau setelah 1 Januari 2024 dan harus                     January 1, 2024 and must be applied
         diterapkan secara retrospektif.                                retrospectively.

         Grup saat ini sedang menilai dampak                            The Group is currently assessing the impact
         amendemen terhadap praktik saat ini dan                        of the amendments on current practice and
         apakah negosiasi ulang atas perjanjian                         whether renegotiation of existing loan
         pinjaman yang ada mungkin diperlukan.                          agreements may be necessary. Early
         Penerapan lebih dini diperkenankan.                            application is permitted.

         Amendemen PSAK 201, ”Penyajian Laporan                         Amendment to PSAK 201, "Presentation of
         Keuangan” – Pengungkapan Kebijakan                             Financial Statements" - Disclosure of
         Akuntansi.                                                     Accounting Policy

         Amendemen tersebut mensyaratkan entitas                        The amandement requires entities to
         untuk mengungkapkan ”informasi kebijakan                       disclose    "material   accounting    policy
         akuntansi material” yang sebelumnya                            information" that was previously "significant
         ”kebijakan    akuntansi     signifikan”   dan                  accounting policy" and clarifies that not all
         mengklarifikasi bahwa tidak seluruh informasi                  accounting policy information relating to
         kebijakan akuntansi terkait dengan transaksi,                  transactions, events or other material
         kejadian atau kondisi material lainnya adalah                  conditions is material to the financial
         material terhadap laporan keuangan.                            statements.




                                                      - 12 -
Page 17
PT INDO AMERICAN SEAFOODS Tbk                                            PT INDO AMERICAN SEAFOODS Tbk
DAN ENTITAS ANAK                                                                        AND ITS SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN                                    NOTES TO THE CONSOLIDATED FINANCIAL
KONSOLIDASIAN INTERIM (Lanjutan)                                          STATEMENTS INTERIM ( Continued)
Tanggal 30 September 2024 (Tidak Diaudit)                                 As of September 30, 2024 (Unaudited)
dan 31 Desember 2023 (Diaudit)                                                and December 31, 2023 (Audited)
Serta untuk Periode Sembilan Bulan yang Berakhir          And for the Nine-Months Period and for the Period then
pada Tanggal 30 September 2024 dan 2023                                    Ended September 30, 2024 and 2023
(Tidak Diaudit)                                                                                      (Unaudited)
(Disajikan dalam Rupiah Penuh,                                             (Expressed in Full Amount of Rupiah,
kecuali Dinyatakan Lain)                                                               unless Otherwise Stated)

         Amendemen PSAK 212 ”Pajak Penghasilan”                      Amendment to PSAK 212 "Income Tax" -
         - Pajak Tangguhan terkait Aset dan Liabilitas               Deferred Tax on Assets and Liabilities
         yang Timbul dari Transaksi Tunggal                          Arising from a Single Transaction.

         Amendemen PSAK 212 ”Pajak Penghasilan”                      Amendment to PSAK 212 "Income Tax" -
         - pajak tangguhan terkait aset dan liabilitas               deferred tax on assets and liabilities arising
         yang    timbul   dari   transaksi   tunggal                 from a single transaction requires an entity
         mensyaratkan entitas untuk mengakui pajak                   to recognize deferred tax on transactions
         tangguhan atas transaksi dimana pada                        which, in its initial recognition, create a
         pengakuan       awalnya,      menimbulkan                   temporary taxable difference that can be
         perbedaan temporer kena pajak yang dapat                    deducted in the same amount.
         dikurangkan dalam jumlah yang sama.

         Amendemen ini akan berlaku untuk jenis                      The amendment will apply to types of
         transaksi seperti sewa menyewa dan                          transactions such as lease and demolition
         kewajiban          pembongkaran      yang                   liabilities that require additional recognition
         mensyaratkan pengakuan tambahan atas                        of deferred tax assets and liabilities.
         aset dan liabilitas pajak tangguhan.

         Amendemen PSAK 216 ”Aset Tetap” tentang                     Amendment to PSAK 216 "Fixed Assets" on
         Hasil     Sebelum Penggunaan       yang                     Results Before Intensified Use
         Diintensikan

         Amendemen tersebut melarang entitas untuk                   The amendment prohibits entities from
         mengurangi biaya perolehan aset tetap dari                  deducting the cost of acquiring fixed assets
         penerimaan penjualan yang dihasilkan oleh                   from sales receipts generated by fixed
         aset tetap sebelum penggunaan yang                          assets prior to intensified use. Receipts on
         diintensikan. Penerimaan atas penjualan                     sales meet the definition of income so they
         memenuhi definisi pendapatan sehingga                       must be recognized in the income
         harus diakui dalam laporan laba rugi.                       statement.

         Sampai dengan tanggal penerbitan laporan                    As of the issuance date of the financial
         keuangan,       manajemen         sedang                    statements, management is still evaluating
         mengevaluasi    dampak   dari    standar,                   the effect of these standard, amendments,
         amandemen, dan interpretasi ini terhadap                    and         interpretations    on      the
         laporan keuangan.                                           financial statements.

    2.d. Dasar Konsolidasian                                  2.d.   Basis of Consolidation

         Laporan       keuangan         konsolidasian                The consolidated financial statements
         menggabungkan        laporan      keuangan                  incorporate the financial statements of the
         Perusahaan dan entitas yang dikendalikan                    Company and entities (including structured
         oleh Perusahaan. Pengendalian tercapai                      entities) controlled by the Company and its
         dimana Perusahaan memiliki kekuasaan atas                   subsidiaries. Control is achieved where the
         investee; eksposur atau hak atas imbal hasil                Company has the power over the investee;
         variabel   dari   keterlibatannya   dengan                  is exposed, or has rights, to variable returns
         investee;    dan      kemampuan        untuk                from its involvement with the investee; and
         menggunakan kekuasaannya atas investee                      has the ability to use its power to affect its
         untuk mempengaruhi jumlah imbal hasil                       returns.
         investor.




                                                     - 13 -
Page 18
PT INDO AMERICAN SEAFOODS Tbk                                                PT INDO AMERICAN SEAFOODS Tbk
DAN ENTITAS ANAK                                                                            AND ITS SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN                                        NOTES TO THE CONSOLIDATED FINANCIAL
KONSOLIDASIAN INTERIM (Lanjutan)                                              STATEMENTS INTERIM ( Continued)
Tanggal 30 September 2024 (Tidak Diaudit)                                     As of September 30, 2024 (Unaudited)
dan 31 Desember 2023 (Diaudit)                                                    and December 31, 2023 (Audited)
Serta untuk Periode Sembilan Bulan yang Berakhir              And for the Nine-Months Period and for the Period then
pada Tanggal 30 September 2024 dan 2023                                        Ended September 30, 2024 and 2023
(Tidak Diaudit)                                                                                          (Unaudited)
(Disajikan dalam Rupiah Penuh,                                                 (Expressed in Full Amount of Rupiah,
kecuali Dinyatakan Lain)                                                                   unless Otherwise Stated)

         Perusahaan menilai kembali apakah entitas                      The Company reassessment whether or not
         tersebut adalah investee jika fakta dan                        it controls an investee if facts and
         keadaan yang mengindikasikan adanya                            circumstances indicate that there are
         perubahan terhadap satu atau lebih dari tiga                   changes to one or more of the three
         elemen pengendalian yang disebutkan di                         elements of control listed above.
         atas.

         Ketika Perusahaan memiliki kurang dari hak                     When the Company has less than a majority
         suara mayoritas di-investee, ia memiliki                       of the voting rights of an investee, it has
         kekuasaan atas investee ketika hak suara                       power over the investee when the voting
         investor      cukup    untuk     memberinya                    rights are sufficient to give it the practical
         kemampuan praktis untuk mengarahkan                            ability to direct the relevant activities of the
         aktivitas relevan secara sepihak.                              investee unilaterally.

         Perusahaan mempertimbangkan seluruh                            The Company considers all relevant facts
         fakta dan keadaan yang relevan dalam                           and circumstances in assessing whether or
         menilai apakah hak suara Perusahaan cukup                      not the Company’s voting rights in an
         untuk memberikan Perusahaan kekuasaan,                         investee are sufficient to give it power,
         termasuk (i) ukuran kepemilikan hak suara                      including (i) the size of the Company’s
         Perusahaan relatif terhadap ukuran dan                         holding of voting rights relative to the size
         penyebaran kepemilikan pemilik hak suara                       and dispersion of holding of the other vote
         lain; (ii) hak suara potensial yang dimiliki oleh              holders; (ii) potential voting rights held by the
         Perusahaan, pemegang suara lain atau pihak                     Company, other vote holders or other
         lain; (iii) hak yang timbul dari pengaturan                    parties; (iii) rights arising from other
         kontraktual lain; dan (iv) setiap fakta dan                    contractual arrangements; and (iv) any
         keadaan tambahan apapun mengindikasikan                        additional facts and circumstances that
         bahwa Perusahaan memiliki, atau tidak                          indicate that the Company has, or does not
         memiliki,       kemampuan         kini     untuk               have, the current ability to direct the relevant
         mengarahkan aktivitas yang relevan pada                        activities at the time that decisions need to
         saat keputusan perlu dibuat, termasuk pola                     be made, including voting patterns at
         suara pemilikan dalam RUPS sebelumnya.                         previous shareholders’ meetings.

         Konsolidasi entitas anak dimulai ketika                        Consolidation of a subsidiary begins when
         Perusahaan memperoleh pengendalian atas                        the Company obtains control over the
         entitas anak dan akan dihentikan ketika                        subsidiary and ceases when the Company
         Perusahaan kehilangan pengendalian pada                        losess control of the subsidiary. Specifically,
         entitas anak. Secara khusus, pendapatan                        income and expense of a subsidiary
         dan beban entitas anak diakuisisi atau dijual                  acquired or disposed of during the year are
         selama tahun berjalan termasuk dalam                           included in the consolidated statement of
         laporan laba rugi konsolidasian dan                            profit or loss and other comprehensive
         penghasilan komprehensif lain dari tanggal                     income from the date the Company gains
         diperolehnya pengendalian Perusahaan                           control until the date when the Company
         sampai tanggal ketika Perusahaan berhenti                      ceases to control the subsidiary.
         untuk mengendalikan entitas anak.




                                                         - 14 -
Page 19
PT INDO AMERICAN SEAFOODS Tbk                                              PT INDO AMERICAN SEAFOODS Tbk
DAN ENTITAS ANAK                                                                          AND ITS SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN                                      NOTES TO THE CONSOLIDATED FINANCIAL
KONSOLIDASIAN INTERIM (Lanjutan)                                            STATEMENTS INTERIM ( Continued)
Tanggal 30 September 2024 (Tidak Diaudit)                                   As of September 30, 2024 (Unaudited)
dan 31 Desember 2023 (Diaudit)                                                  and December 31, 2023 (Audited)
Serta untuk Periode Sembilan Bulan yang Berakhir            And for the Nine-Months Period and for the Period then
pada Tanggal 30 September 2024 dan 2023                                      Ended September 30, 2024 and 2023
(Tidak Diaudit)                                                                                        (Unaudited)
(Disajikan dalam Rupiah Penuh,                                               (Expressed in Full Amount of Rupiah,
kecuali Dinyatakan Lain)                                                                 unless Otherwise Stated)

         Laba rugi dan setiap komponen penghasilan                    Profit or loss and each component of other
         komprehensif lain diatribusikan kepada                       comprehensive income are attted to the
         pemilik entitas induk dan untuk kepentingan                  owners of the Company and to the non-
         nonpengendali.        Perusahaan         juga                controlling interest. Total comprehensive
         mengatribusikan total laba komprehensif                      income of subsidiaries is attted to the owners
         entitas anak kepada pemilik entitas induk dan                of the Company and the non-controlling
         kepentingan non-pengendali meskipun hal                      interest even if this results in the non-
         tersebut      mengakibatkan      kepentingan                 controlling interest having a deficit balance.
         nonpengendali memiliki saldo defisit.

         Jika diperlukan, penyesuaian dapat dilakukan                 When necessary, adjustments are made to
         terhadap laporan keuangan entitas anak agar                  the financial statements of subsidiaries to
         kebijakan akuntansi yang digunakan sesuai                    bring their accounting policies in line with the
         dengan kebijakan akuntansi yang digunakan                    Group’s accounting policies.
         oleh Grup.

         Seluruh aset dan liabilitas dalam intra                      All assets and liabilities with intragroup
         kelompok usaha, ekuitas, pendapatan, biaya                   equity, income, expenses and cash flows
         dan arus kas yang berkaitan dengan                           relating to transactions between members of
         transaksi dalam kelompok usaha dieliminasi                   the Group are eliminated in full on
         secara penuh pada saat konsolidasian.                        consolidation.

         Kepentingan non-pengendali pada entitas                      Non-controlling interests in subsidiaries are
         anak diidentifikasi secara terpisah dan                      identified separately and presented within
         disajikan dalam ekuitas. Kepentingan non-                    equity. The interest of non-controlling
         pengendali pemegang saham awalnya diukur                     shareholders maybe initially measured either
         baik pada nilai wajar ataupun pada proporsi                  at fair value or at the non-controlling
         pemilikan kepentingan non-pengendali dari                    interests’ proportionate share of the
         nilai wajar aset neto yang dapat diidentifikasi              recognized amounts of the fair value of the
         dari pihak yang diakuisisi. Pilihan pengukuran               acquiree’s identifiable net asset. The choice
         dilakukan pada akuisisi dengan dasar                         of measurement is made on acquisition by
         akuisisi. Setelah akuisisi, jumlah tercatat                  acquisition basis. Subsequent to acquisition,
         kepentingan non-pengendali adalah jumlah                     the carrying amount of non-controlling
         kepemilikan pada pengakuan awal ditambah                     interests is the amount of those interests at
         bagian kepentingan non-pengendali dari                       initial recognition plus non-controlling
         perubahan selanjutnya dalam ekuitas.                         interests’ share of subsequent changes in
                                                                      equity.

         Seluruh laba rugi komprehensif diatribusikan                 Total comprehensive income of subsidiaries
         pada kepentingan non-pengendali bahkan                       is attted to the owners of the Company and
         jika hal ini mengakibatkan kepentingan non-                  to the non-controlling interests even if this
         pengendali mempunyai saldo defisit.                          results in the non-controlling interests having
                                                                      deficit balance.




                                                       - 15 -
Page 20
PT INDO AMERICAN SEAFOODS Tbk                                               PT INDO AMERICAN SEAFOODS Tbk
DAN ENTITAS ANAK                                                                           AND ITS SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN                                       NOTES TO THE CONSOLIDATED FINANCIAL
KONSOLIDASIAN INTERIM (Lanjutan)                                             STATEMENTS INTERIM ( Continued)
Tanggal 30 September 2024 (Tidak Diaudit)                                    As of September 30, 2024 (Unaudited)
dan 31 Desember 2023 (Diaudit)                                                   and December 31, 2023 (Audited)
Serta untuk Periode Sembilan Bulan yang Berakhir             And for the Nine-Months Period and for the Period then
pada Tanggal 30 September 2024 dan 2023                                       Ended September 30, 2024 and 2023
(Tidak Diaudit)                                                                                         (Unaudited)
(Disajikan dalam Rupiah Penuh,                                                (Expressed in Full Amount of Rupiah,
kecuali Dinyatakan Lain)                                                                  unless Otherwise Stated)

         Perubahan dalam bagian kepemilikan Grup                       Changes in the Group’s ownership interest in
         pada entitas anak yang tidak mengakibatkan                    existing subsidiaries that do not result in the
         hilangnya pengendalian dicatat sebagai                        Group losing control over the subsidiaries
         transaksi ekuitas. Nilai tercatat kepentingan                 are accounted for as equity transactions. The
         Grup dan kepentingan non-pengendali                           carrying amounts of the Group’s interest and
         disesuaikan untuk mencerminkan perubahan                      the non-controlling interest are adjusted to
         bagian kepemilikannya atas entitas anak.                      reflect the changes in their relative interest in
         Setiap perbedaan antara jumlah kepentingan                    the subsidiaries. Any difference between the
         non-pengendali disesuaikan dan nilai wajar                    amount by which the non-controlling interest
         imbalan yang diberikan atau diterima diakui                   are adjusted and the fair value of the
         secara langsung dalam ekuitas dan                             consideration paid or received is recognized
         diatribusikan pada pemilik entitas induk.                     directly in equity and attted to owners of the
                                                                       Company.

         Ketika Grup kehilangan pengendalian pada                      When the Group losses control of a
         entitas anak, keuntungan atau kerugian                        subsidiary, a gain or loss is recognized in
         diakui dalam laba rugi dan dihitung sebagai                   profit or loss and is calculated as the
         perbedaan antara (i) agregat nilai wajar                      difference between (i) the aggregate of the
         pembayaran yang diterima dan nilai wajar                      fair value of the consideration received and
         sisa kepemilikan (retained interest) dan;                     the fair value of any retained interest and

         (ii) jumlah tercatat sebelumnya dari aset                     (ii) the previous carrying amount of the
         (termasuk goodwill), dan liabilitas dari entitas              assets (including goodwill), and liabilities of
         anak dan setiap kepentingan non-                              the subsidiary and any non-controlling
         pengendali.                                                   interest.

         Seluruh jumlah yang diakui sebelumnya                         All amounts previously recognized in other
         dalam penghasilan komprehensif lain yang                      comprehensive income in relation to that
         terkait dengan entitas anak yang dicatat                      subsidiary are accounted for as if the Group
         seolah-olah Grup telah melepaskan secara                      had directly disposed of the related assets or
         langsung aset atau liabilitas terkait entitas                 liabilities of the subsidiary (i.e. reclassified to
         anak (yaitu direklasifikasi ke laba rugi atau                 profit or loss or transferred to another
         ditransfer ke kategori lain dari ekuitas                      category of equity as specified/permitted by
         sebagaimana       ditentukan/diizinkan     oleh               applicable accounting standards). The fair
         standar akuntansi yang berlaku). Nilai wajar                  value of any investment retained in the
         setiap sisa investasi pada entitas anak                       former subsidiary at the date when control is
         terdahulu     pada       tanggal     hilangnya                lost is regarded as the fair value on initial
         pengendalian dianggap sebagai nilai wajar                     recognition for subsequent accounting under
         pada saat pengakuan awal untuk akuntansi                      PSAK         55,     “Financial      Instruments”:
         berikutnya dalam PSAK 55, “Instrumen                          Recognition and Measurement or, when
         Keuangan”: Pengakuan dan Pengukuran                           applicable, the cost on initial recognition of
         atau, ketika berlaku, biaya perolehan pada                    an investment in an associate or a jointly
         saat pengakuan awal dari investasi pada                       controlled entity.
         entitas asosiasi atau ventura bersama.




                                                        - 16 -
Page 21
PT INDO AMERICAN SEAFOODS Tbk                                               PT INDO AMERICAN SEAFOODS Tbk
DAN ENTITAS ANAK                                                                           AND ITS SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN                                       NOTES TO THE CONSOLIDATED FINANCIAL
KONSOLIDASIAN INTERIM (Lanjutan)                                             STATEMENTS INTERIM ( Continued)
Tanggal 30 September 2024 (Tidak Diaudit)                                    As of September 30, 2024 (Unaudited)
dan 31 Desember 2023 (Diaudit)                                                   and December 31, 2023 (Audited)
Serta untuk Periode Sembilan Bulan yang Berakhir             And for the Nine-Months Period and for the Period then
pada Tanggal 30 September 2024 dan 2023                                       Ended September 30, 2024 and 2023
(Tidak Diaudit)                                                                                         (Unaudited)
(Disajikan dalam Rupiah Penuh,                                                (Expressed in Full Amount of Rupiah,
kecuali Dinyatakan Lain)                                                                  unless Otherwise Stated)

    2.e. Kombinasi Bisnis                                        2.e.   Business Combinations

         Akuisisi bisnis dicatat dengan menggunakan                     Acquisitions of businesses are accounted for
         metode akuisisi. Imbalan yang dialihkan                        using the acquisition method. The
         dalam suatu kombinasi bisnis diukur pada                       consideration transferred in a business
         nilai wajar, yang dihitung sebagai hasil                       combination is measured at fair value, which
         penjumlahan dari nilai wajar tanggal akuisisi                  is calculated as the sum of the acquisition-
         atas seluruh aset yang dialihkan oleh Grup,                    date fair values of the assets transferred by
         liabilitas yang diakui oleh Grup kepada                        the Group, liabilities incurred by the Group to
         pemilik sebelumnya dari pihak yang diakuisisi                  the former owners of the acquiree, and the
         dan kepentingan ekuitas yang diterbitkan                       equity interests issued by the Group in
         oleh Grup dalam pertukaran pengendalian                        exchange for control of the acquiree.
         dari pihak yang diakuisisi. Biaya-biaya terkait                Acquisition-related costs are recognized in
         akuisisi diakui di dalam laba rugi pada saat                   profit or loss as incurred.
         terjadinya.

         Pada tanggal akuisisi, aset teridentifikasi                    At the acquisition date, the identifiable assets
         yang diperoleh dan liabilitas yang diambil alih                acquired and the liabilities assumed are
         diakui pada nilai wajar kecuali untuk aset dan                 recognized at their fair value except for
         liabilitas tertentu yang diukur sesuai dengan                  certain assets and liabilities that are
         standar yang relevan.                                          measured in accordance with the relevant
                                                                        standards.

         Goodwill diukur sebagai selisih lebih dari nilai               Goodwill is measured as the excess of the
         gabungan dari imbalan yang dialihkan,                          sum of the consideration transferred, the
         jumlah setiap kepentingan non-pengendali                       amount of any non-controlling interests in the
         pada pihak diakuisisi dan nilai wajar pada                     acquiree, and the fair value of the acquirer’s
         tanggal akuisisi kepentingan ekuitas yang                      previously held equity interest in the acquire
         sebelumnya dimiliki oleh pihak pengakuisisi                    (if any) over the net of the acquisition-date
         pada pihak diakuisisi (jika ada) atas jumlah                   amounts of the identifiable assets acquired
         neto dari aset teridentifikasi yang diperoleh                  and the liabilities assumed.
         dan liabilitas yang diambil alih pada tanggal
         akuisisi.

         Jika, setelah penilaian kembali, jumlah neto                   If, after the reassessment, the net of the
         dari aset teridentifikasi yang diperoleh dan                   acquisition date amounts of the identifiable
         liabilitas yang diambil alih pada tanggal                      assets acquired and liabilities assumed
         akuisisi melebihi jumlah imbalan yang                          exceeds the sum of the consideration
         dialihkan, jumlah dari setiap kepentingan                      transferred, the amount of any non-
         non-pengendali pada pihak diakuisisi dan                       controlling interests in the acquiree and the
         nilai wajar pada tanggal akuisisi kepentingan                  fair value of the acquirer’s previously held
         ekuitas yang sebelumnya dimiliki oleh pihak                    interest in the acquiree (if any), the excess is
         pengakuisisi pada pihak diakuisisi (jika ada),                 recognized immediately in profit or loss as a
         selisih lebih diakui segera dalam laba rugi                    bargain purchase option.
         sebagai pembelian dengan diskon.




                                                        - 17 -
Page 22
PT INDO AMERICAN SEAFOODS Tbk                                              PT INDO AMERICAN SEAFOODS Tbk
DAN ENTITAS ANAK                                                                          AND ITS SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN                                      NOTES TO THE CONSOLIDATED FINANCIAL
KONSOLIDASIAN INTERIM (Lanjutan)                                            STATEMENTS INTERIM ( Continued)
Tanggal 30 September 2024 (Tidak Diaudit)                                   As of September 30, 2024 (Unaudited)
dan 31 Desember 2023 (Diaudit)                                                  and December 31, 2023 (Audited)
Serta untuk Periode Sembilan Bulan yang Berakhir            And for the Nine-Months Period and for the Period then
pada Tanggal 30 September 2024 dan 2023                                      Ended September 30, 2024 and 2023
(Tidak Diaudit)                                                                                        (Unaudited)
(Disajikan dalam Rupiah Penuh,                                               (Expressed in Full Amount of Rupiah,
kecuali Dinyatakan Lain)                                                                 unless Otherwise Stated)

         Kepentingan         non-pengendali         yang              Non-controlling interests that are present
         menyajikan      bagian      kepemilikan     dan              ownership interests and entitle their holders
         memberikan mereka hak atas bagian                            to approportionate share of the entity’s net
         proposional dari aset neto entitas dalam hal                 assets in the event of liquidation may be
         terjadi likuidasi pada awalnya diukur baik                   initially measured either at fair value or at the
         pada nilai wajar ataupun pada bagian                         non-controlling interests’ proportionate share
         proporsional kepemilikan kepentingan non-                    of the acquiree’s identifiable net assets. The
         pengendali atas aset neto teridentifikasi dari               choice of measurement basis is made on a
         pihak yang diakuisisi. Pilihan dasar                         transaction-by transaction basis. Other types
         pengukuran dilakukan atas dasar transaksi.                   of non-controlling interests are measured at
         Kepentingan non-pengendali jenis lain diukur                 fair value or, when applicable, on the basis
         pada nilai wajar atau, jika berlaku, pada dasar              specified in another accounting standard.
         pengukuran lain yang ditentukan oleh standar
         akuntansi lain.

         Bila imbalan yang dialihkan oleh Grup dalam                  When the consideration transferred by the
         suatu kombinasi bisnis termasuk aset atau                    Group in a business combination includes
         liabilitas yang berasal dari pengaturan                      assets or liabilities resulting from a
         imbalan kontinjen (contingent consideration                  contingent consideration arrangement, the
         arrangement), imbalan kontinjen tersebut                     contingent consideration is measured at its
         diukur pada nilai wajar pada tanggal akuisisi                acquisition-date fair value and included as
         dan termasuk sebagai bagian dari imbalan                     part of the consideration transferred in a
         yang dialihkan dalam suatu kombinasi bisnis.                 business combination.

         Perubahan dalam nilai wajar atas imbalan                     Changes in the fair value of the contingent
         kontinjen yang memenuhi syarat sebagai                       consideration that qualify as measurement
         penyesuaian       periode      pengukuran                    period      adjustments      are     adjusted
         disesuaikan secara retrospektif, dengan                      retrospectively,     with      corresponding
         penyesuaian terkait terhadap goodwill.                       adjustments against goodwill. Measurement
         Penyesuaian periode pengukuran adalah                        period adjustments are adjustments that
         penyesuaian yang berasal dari informasi                      arise from additional information obtained
         tambahan yang diperoleh selama periode                       during the measurement period (which
         pengukuran (yang tidak melebihi satu tahun                   cannot exceed one year from the acquisition
         sejak tanggal akuisisi) tentang fakta-fakta                  date) about facts and circumstances that
         dan kondisi yang ada pada tanggal akuisisi.                  existed at the acquisition date.

         Perubahan selanjutnya dalam nilai wajar atas                 Subsequent changes in fair value of
         imbalan kontinjen yang tidak memenuhi                        contingent consideration that do not qualify
         syarat     sebagai    penyesuaian    periode                 as measurement period adjustments
         pengukuran tergantung pada bagaimana                         depends      on     how      the    contingent
         imbalan kontinjen tersebut diklasifikasikan.                 consideration is classified. Contingent
         Imbalan kontinjen yang diklasifikasikan                      consideration that is classified as equity is
         sebagai ekuitas tidak diukur kembali pada                    not remeasured at subsequent reporting
         tanggal sesudah tanggal pelaporan dan                        dates and its subsequent settlement is
         penyelesaian selanjutnya dicatat dalam                       accounted for within equity. Contingent
         ekuitas.      Imbalan     kontinjen    yang                  consideration that is classified as an asset or
         diklasifikasikan sebagai aset atau liabilitas                liability is remeasured subsequent to
         diukur setelah tanggal pelaporan sesuai                      reporting dates in accordance relevant
         dengan standar akuntansi yang relevan                        accounting standards recognized gain or
         dengan mengakui keuntungan atau kerugian                     loss related in profit or loss or in other
         terkait dalam laba rugi atau dalam                           comprehensive income (OCI).
         penghasilan komprehensif lain (OCI).



                                                       - 18 -
Page 23
PT INDO AMERICAN SEAFOODS Tbk                                                PT INDO AMERICAN SEAFOODS Tbk
DAN ENTITAS ANAK                                                                            AND ITS SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN                                        NOTES TO THE CONSOLIDATED FINANCIAL
KONSOLIDASIAN INTERIM (Lanjutan)                                              STATEMENTS INTERIM ( Continued)
Tanggal 30 September 2024 (Tidak Diaudit)                                     As of September 30, 2024 (Unaudited)
dan 31 Desember 2023 (Diaudit)                                                    and December 31, 2023 (Audited)
Serta untuk Periode Sembilan Bulan yang Berakhir              And for the Nine-Months Period and for the Period then
pada Tanggal 30 September 2024 dan 2023                                        Ended September 30, 2024 and 2023
(Tidak Diaudit)                                                                                          (Unaudited)
(Disajikan dalam Rupiah Penuh,                                                 (Expressed in Full Amount of Rupiah,
kecuali Dinyatakan Lain)                                                                   unless Otherwise Stated)

           Bila suatu kombinasi bisnis dilakukan secara                   When a business combination is achieved in
           bertahap, kepemilikan terdahulu Grup atas                      stages, the Group’s previously held equity
           pihak terakuisisi diukur kembali ke nilai wajar                interest in the acquiree is remeasured to fair
           pada tanggal akuisisi dan keuntungan atau                      value at the acquisition date and the resulting
           kerugiannya, jika ada, diakui dalam laba rugi.                 gain or loss, if any, is recognized in profit or
           Jumlah yang berasal dari kepemilikan                           loss. Amounts arising from interests in the
           sebelum tanggal akuisisi yang sebelumnya                       acquiree prior to the acquisition date that
           telah diakui dalam penghasilan komprehensif                    have previously been recognized in other
           lain direklasifikasi ke laba rugi dimana                       comprehensive income are reclassified to
           perlakuan tersebut akan sesuai jika                            profit or loss where such treatment would be
           kepemilikannya dilepas/dijual.                                 appropriate if that interests were disposed of.

           Jika akuntansi awal untuk kombinasi bisnis                     If the initial accounting for a business
           belum selesai pada akhir periode pelaporan                     combination is incomplete by the end of the
           saat kombinasi terjadi, Grup melaporkan                        reporting period in which the combination
           jumlah sementara untuk pos-pos yang proses                     occurs, the Group reports provisional
           akuntansinya belum selesai dalam laporan                       amounts for the items for which the
           keuangannya.                                                   accounting is incomplete.

           Selama      periode  pengukuran,      pihak                    Those provisional amounts are adjusted
           pengakuisisi menyesuaikan, aset atau                           during the measurement period, or additional
           liabilitas tambahan yang diakui, untuk                         assets or liabilities are recognized, to reflect
           mencerminkan informasi baru yang diperoleh                     new information obtained about facts and
           tentang fakta dan keadaan yang ada pada                        circumstances that existed as of the
           tanggal akuisisi dan, jika diketahui, akan                     acquisition date that, if known, would have
           berdampak pada jumlah yang diakui pada                         affected the amount recognized as of that
           tanggal tersebut.                                              date.

    2.f.    Instrumen Keuangan                                    2.f.    Financial Instrument

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

            (i) Aset Keuangan                                             (i) Financial Assets

               Pengakuan awal                                                Initial Recognition

               Klasifikasi dan pengukuran aset keuangan                      Classification and measurement of
               harus didasarkan pada bisnis model dan                        financial assets are based on business
               arus kas kontraktual - apakah semata dari                     model and contractual cash flows –
               pembayaran pokok dan bunga.                                   whether from solely payment of principal
                                                                             and interest.
               Aset keuangan diklasifikasikan dalam dua                      Financial assets are classified in the two
               kategori sebagai berikut:                                     categories as follows;
               1) Aset keuangan yang diukur pada                            1)   Financial assets at amortised cost.
                  biaya perolehan yang diamortisasi.




                                                         - 19 -
Page 24
PT INDO AMERICAN SEAFOODS Tbk                                            PT INDO AMERICAN SEAFOODS Tbk
DAN ENTITAS ANAK                                                                        AND ITS SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN                                    NOTES TO THE CONSOLIDATED FINANCIAL
KONSOLIDASIAN INTERIM (Lanjutan)                                          STATEMENTS INTERIM ( Continued)
Tanggal 30 September 2024 (Tidak Diaudit)                                 As of September 30, 2024 (Unaudited)
dan 31 Desember 2023 (Diaudit)                                                and December 31, 2023 (Audited)
Serta untuk Periode Sembilan Bulan yang Berakhir          And for the Nine-Months Period and for the Period then
pada Tanggal 30 September 2024 dan 2023                                    Ended September 30, 2024 and 2023
(Tidak Diaudit)                                                                                      (Unaudited)
(Disajikan dalam Rupiah Penuh,                                             (Expressed in Full Amount of Rupiah,
kecuali Dinyatakan Lain)                                                               unless Otherwise Stated)

            2) Aset keuangan yang diukur dengan                       2) Financial assets at fair value through
               nilai wajar melalui laba rugi atau                        profit and loss (“FVTPL”) or other
               melalui penghasilan komprehensif                          comprehensive income (“FVOCI”).
               lain.

         Grup menentukan klasifikasi aset keuangan                     The Group determines the classification
         tersebut pada pengakuan awal dan tidak bisa                   of its financial assets at initial recognition
         melakukan perubahan setelah penerapan                         and can not change the classification
         awal tersebut.                                                already made at initial adoption.

         Semua aset keuangan pada awalnya diakui                       All financial assets are recognized initially
         sebesar nilai wajarnya ditambah dengan                        at fair value plus transaction costs, except
         biaya-biaya transaksi, kecuali aset keuangan                  in the case of financial assets which are
         dicatat pada nilai wajar melalui laba rugi.                   recorded at fair value through profit or
                                                                       loss.

         Aset keuangan meliputi kas dan bank,                          Financial assets in this category are
         piutang usaha dan piutang lainnya. Aset                       classified as current assets if expected to
         keuangan diklasifikasikan sebagai aset                        be settled within 12 months, otherwise
         lancar, jika jatuh tempo dalam waktu 12                       they are classified as non-current.
         bulan, jika tidak maka aset keuangan ini
         diklasifikasikan sebagai aset tidak lancar.

         Pengukuran setelah pengakuan awal                             Subsequent measurement

         Pengukuran       aset   keuangan    setelah                   The subsequent measurement of
         pengakuan       awal     tergantung   pada                    financial assets depends on their
         klasifikasinya sebagai berikut:                               classification as follows:

         1) Aset keuangan yang diukur dengan biaya                      1) Financial assets at amortised cost.
            perolehan yang diamortisasi.

            Aset keuangan yang diukur dengan biaya                          Financial assets at amortised cost
            diamortisasi selanjutnya diukur dengan                          are subsequently measured using
            menggunakan metode suku bunga efektif                           the Effective Interest Rate (“EIR”)
            (Effective Interest Rate) (“EIR”), setelah                      method, less impairment. Amortised
            dikurangi dengan penurunan nilai. Biaya                         cost is calculated by taking into
            perolehan yang diamortisasi dihitung                            account any discount or premium on
            dengan memperhitungkan diskonto atau                            acquisition fees or costs that are an
            premi atas biaya akuisisi atau biaya yang                       integral part of the EIR. The EIR
            merupakan bagian integral dari EIR                              amortisation is included in the
            tersebut.                                                       consolidated profit or loss.

            Amortisasi EIR dicatat dalam laporan laba                       The EIR amortization disclosed in
            rugi. Kerugian yang timbul dari penurunan                       profit loss. The losses arising from
            nilai juga diakui pada laporan laba rugi.                       impairment are also recognised in
                                                                            the consolidated profit or loss.

            Aset keuangan yang diukur dengan biaya                          The Comopany’s financial assets at
            perolehan yang diamortisasi Perusahaan                          amortised cost consisted of cash on
            terdiri dari kas dan bank, piutang usaha                        hand and in banks, trade and other
            dan piutang lain-lain.                                          receivables.



                                                     - 20 -
Page 25
PT INDO AMERICAN SEAFOODS Tbk                                              PT INDO AMERICAN SEAFOODS Tbk
DAN ENTITAS ANAK                                                                          AND ITS SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN                                      NOTES TO THE CONSOLIDATED FINANCIAL
KONSOLIDASIAN INTERIM (Lanjutan)                                            STATEMENTS INTERIM ( Continued)
Tanggal 30 September 2024 (Tidak Diaudit)                                   As of September 30, 2024 (Unaudited)
dan 31 Desember 2023 (Diaudit)                                                  and December 31, 2023 (Audited)
Serta untuk Periode Sembilan Bulan yang Berakhir            And for the Nine-Months Period and for the Period then
pada Tanggal 30 September 2024 dan 2023                                      Ended September 30, 2024 and 2023
(Tidak Diaudit)                                                                                        (Unaudited)
(Disajikan dalam Rupiah Penuh,                                               (Expressed in Full Amount of Rupiah,
kecuali Dinyatakan Lain)                                                                 unless Otherwise Stated)

         2) Aset keuangan yang diukur pada nilai                          2) Financial assets at fair value through
            wajar melalui laba rugi atau melalui                             other comprehensive income.
            penghasilan komprehensif lain.

            Aset keuangan yang diukur pada nilai                         Financial assets at fair value through
            wajar melalui laba rugi atau melalui                         other    comprehensive     income   are
            penghasilan komprehensif lain selanjutnya                    subsequently carried in the statement of
            disajikan dalam laporan posisi keuangan                      financial position at fair value, with
            sebesar nilai wajar, dengan perubahan                        changes in fair value recognised in the
            nilai wajar yang diakui dalam laba rugi atau                 other comprehensive income.
            penghasilan komprehensif lain.

            Grup tidak memiliki aset keuangan yang                       The Group does not have financial assets
            diukur pada nilai wajar melalui laba rugi                    that are measured at fair value through
            atau melalui penghasilan komprehensif                        profit or loss or through other
            lain.                                                        comprehensive income.

            Penghentian pengakuan                                        Derecognition

            Semua aset keuangan pada awalnya                             All financial assets are recognized initially
            diakui sebesar nilai wajarnya ditambah                       at fair value plus transaction costs, except
            dengan biaya-biaya transaksi, kecuali                        in the case of financial assets which are
            aset keuangan dicatat pada nilai wajar                       recorded at fair value through profit or
            melalui laba rugi.                                           loss.

            1)   Hak untuk menerima arus kas yang                        1)   The rights to receive cash flows from
                 berasal dari aset tersebut telah                             the asset have expired; or
                 berakhir; atau
            2)   Grup telah mentransfer hak mereka                       2)   The Group has transferred the rights
                 untuk menerima arus kas yang                                 to receive cash flows from the asset
                 berasal dari aset atau berkewajiban                          or has assumed an obligation to pay
                 untuk membayar arus kas yang                                 the received cash flows in full
                 diterima secara penuh tanpa                                  without material delay to a third party
                 penundaan yang material kepada                               under        a        “pass-through”
                 pihak ketiga dalam perjanjian                                arrangement, and either (a) the
                 “pass-through”, dan salah satu                               Company         has        transferred
                 diantara     (a) Perusahaan telah                            substantially all the risks and
                 mentransfer secara substansial                               rewards of the asset, or (b) the
                 seluruh risiko dan manfaat dari aset,                        Company has neither transferred
                 atau     (b)    Perusahaan       tidak                       nor retained substantially all the
                 mentransfer atau mempertahankan                              risks and rewards of the asset, but
                 secara substansial seluruh risiko dan                        has transferred control of the asset.
                 manfaat atas aset, namun telah
                 mentransfer kendali atas aset
                 tersebut.




                                                       - 21 -
Page 26
PT INDO AMERICAN SEAFOODS Tbk                                             PT INDO AMERICAN SEAFOODS Tbk
DAN ENTITAS ANAK                                                                         AND ITS SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN                                     NOTES TO THE CONSOLIDATED FINANCIAL
KONSOLIDASIAN INTERIM (Lanjutan)                                           STATEMENTS INTERIM ( Continued)
Tanggal 30 September 2024 (Tidak Diaudit)                                  As of September 30, 2024 (Unaudited)
dan 31 Desember 2023 (Diaudit)                                                 and December 31, 2023 (Audited)
Serta untuk Periode Sembilan Bulan yang Berakhir           And for the Nine-Months Period and for the Period then
pada Tanggal 30 September 2024 dan 2023                                     Ended September 30, 2024 and 2023
(Tidak Diaudit)                                                                                       (Unaudited)
(Disajikan dalam Rupiah Penuh,                                              (Expressed in Full Amount of Rupiah,
kecuali Dinyatakan Lain)                                                                unless Otherwise Stated)

        (ii)   Liabilitas Keuangan                                   (ii)   Financial Liabilities

               Pengakuan awal                                               Initial Recognition

               Liabilitas keuangan dalam lingkup PSAK                       Financial liabilities within the scope of
               109 diklasifikasikan sebagai berikut:                        PSAK 109 are classified as follows:

               1) Liabilitas keuangan yang diukur                           1) Financial liabilities at amortised cost.
                  dengan biaya perolehan yang
                  diamortisasi.

               2) Liabilitas keuangan yang diukur                           2) Financial liabilities measured at fair
                  dengan nilai wajar melalui laba rugi                         value through profit or loss (FVTPL)
                  atau       melalui     penghasilan                           or through comprehensive income
                  komprehensif lain.                                           (FVOCI).

               Grup menentukan klasifikasi liabilitas                       The Group determines the classification
               keuangan pada saat pengakuan awal.                           of its financial liabilities at initial
                                                                            recognition.

               Pada tanggal 30 September 2024 dan 31                        As of September 30, 2024 and 31
               Desember 2023, Grup hanya memiliki                           December 2023, the Group only had
               liabilitas keuangan yang diukur pada                         financial  liabilities measured at
               biaya perolehan diamortisasi.                                amortised cost.

               Pengukuran setelah pengakuan awal                            Subsequent measurement

               Setelah pengakuan awal, yaitu pada nilai                     After initial recognition which is at fair
               wajar    ditambah   biaya     transaksi,                     value plus transaction costs, the
               Perusahaan mengukur seluruh liabilitas                       Company measures all financial
               keuangan     pada   biaya    perolehan                       liabilities at amortised cost using
               diamortisasi   dengan    menggunakan                         effective interest rate method.
               metode suku bunga efektif.

               Penghentian pengakuan                                        Derecognition

               Liabilitas      keuangan      dihentikan                     Financial liabilities are derecognized
               pengakuannya ketika liabilitas keuangan                      when extinguished.
               telah berakhir.

         (iii) Instrumen Keuangan Disalinghapus                      (iii) Offsetting Financial Instruments

               Aset keuangan dan liabilitas keuangan                        Financial assets and liabilities are offset
               disalinghapus dan jumlah netonya                             and the net amount is reported in
               dilaporkan pada laporan posisi keuangan                      statements of financial position when
               ketika terdapat hak yang berkekuatan                         there is a legally enforceable right to
               hukum untuk melakukan saling hapus                           offset the recognised amounts and there
               atas jumlah yang telah diakui tersebut                       is an intention to settle on a net basis, or
               dan adanya niat untuk menyelesaikan                          realise the asset and settle the liability
               secara neto, atau untuk merealisasikan                       simultaneously.
               aset dan menyelesaikan liabilitas secara
               bersamaan.




                                                      - 22 -
Page 27
PT INDO AMERICAN SEAFOODS Tbk                                           PT INDO AMERICAN SEAFOODS Tbk
DAN ENTITAS ANAK                                                                       AND ITS SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN                                   NOTES TO THE CONSOLIDATED FINANCIAL
KONSOLIDASIAN INTERIM (Lanjutan)                                         STATEMENTS INTERIM ( Continued)
Tanggal 30 September 2024 (Tidak Diaudit)                                As of September 30, 2024 (Unaudited)
dan 31 Desember 2023 (Diaudit)                                               and December 31, 2023 (Audited)
Serta untuk Periode Sembilan Bulan yang Berakhir         And for the Nine-Months Period and for the Period then
pada Tanggal 30 September 2024 dan 2023                                   Ended September 30, 2024 and 2023
(Tidak Diaudit)                                                                                     (Unaudited)
(Disajikan dalam Rupiah Penuh,                                            (Expressed in Full Amount of Rupiah,
kecuali Dinyatakan Lain)                                                              unless Otherwise Stated)

             Hak yang berkekuatan hukum tidak boleh                     The legally enforceable right must not be
             tergantung pada kejadian di masa yang                      contingent on future events and must be
             akan    datang   dan    harus    dapat                     enforceable in the normal course of
             dilaksanakan dalam kondisi bisnis yang                     business and in the event of default,
             normal dan dalam keadaan lalai, tidak                      insolvency or bankruptcy of the
             dapat membayar atau kebangkrutan                           Company or the counterparty.
             Perusahaan atau pihak lawan.

    2.g. Penurunan Nilai Aset Keuangan                       2.g.   Impairment of Financial Assets

         Pada setiap periode pelaporan, Perusahaan                  At each reporting date, the Group assess
         menilai apakah risiko kredit dari instrumen                whether the credit risk on a financial
         keuangan telah meningkat secara signifikan                 instrument has increased significantly since
         sejak pengakuan awal.                                      initial recognition.

         Ketika melakukan penilaian, Perusahaan                     When making the assessment, the Group
         menggunakan perubahan atas risiko gagal                    use the change in the risk of a default
         bayar yang terjadi sepanjang perkiraan usia                occurring over the expected life of the
         instrumen keuangan.                                        financial instrument.

         Grup menerapkan pendekatan umum PSAK                       The Group applies the PSAK 109 general
         109 untuk mengukur kerugian kredit                         approach to measuring expected credit
         ekspektasian yang menggunakan penyisihan                   losses which uses a lifetime expected loss
         kerugian ekspektasian sepanjang umurnya                    allowance for all trade receivables and other
         untuk semua piutang dagang dan aset                        financial assets.
         keuangan lainnya.

         Dalam     melakukan       penilaian,   Grup                To make that assessment, the Group
         membandingkan antara risiko gagal bayar                    compare the risk of a default occurring on the
         yang terjadi atas instrumen keuangan pada                  financial instrument as at the reporting date
         saat tanggal pelaporan dengan risiko gagal                 with the risk of a default occurring on the
         bayar yang terjadi atas instrumen keuangan                 financial instrument as at the date of initial
         pada     saat     pengakuan      awal   dan                recognition and consider reasonable and
         mempertimbangkan         kewajaran     serta               supportable information, that is available
         ketersediaan informasi, yang tersedia tanpa                without undue cost or effort at the reporting
         biaya atau usaha pada saat tanggal                         date about past events, current conditions
         pelaporan terkait dengan kejadian masa lalu,               and forecasts of future economic conditions,
         kondisi terkini dan perkiraan atas kondisi                 that is indicative of significant increases in
         ekonomi      di    masa      depan,    yang                credit risk since initial recognition.
         mengindikasikan kenaikan risiko kredit sejak
         pengakuan awal.

    2.h. Transaksi Pihak-Pihak Berelasi                      2.h.   Transactions with Related Parties

         Pihak-pihak berelasi adalah orang atau                     A related party is a person or entity that is
         entitas yang terkait dengan Perusahaan                     related to the Company (the reporting entity):
         (entitas pelapor):




                                                    - 23 -
Page 28
PT INDO AMERICAN SEAFOODS Tbk                                              PT INDO AMERICAN SEAFOODS Tbk
DAN ENTITAS ANAK                                                                          AND ITS SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN                                      NOTES TO THE CONSOLIDATED FINANCIAL
KONSOLIDASIAN INTERIM (Lanjutan)                                            STATEMENTS INTERIM ( Continued)
Tanggal 30 September 2024 (Tidak Diaudit)                                   As of September 30, 2024 (Unaudited)
dan 31 Desember 2023 (Diaudit)                                                  and December 31, 2023 (Audited)
Serta untuk Periode Sembilan Bulan yang Berakhir            And for the Nine-Months Period and for the Period then
pada Tanggal 30 September 2024 dan 2023                                      Ended September 30, 2024 and 2023
(Tidak Diaudit)                                                                                        (Unaudited)
(Disajikan dalam Rupiah Penuh,                                               (Expressed in Full Amount of Rupiah,
kecuali Dinyatakan Lain)                                                                 unless Otherwise Stated)

         a. Orang atau anggota keluarga dekatnya                      a. A person or close family member has a
            mempunyai relasi dengan Perusahaan                           relationship with the reporting Company
            pelapor jika orang tersebut:                                 if that person:

             i.   Memiliki     pengendalian      atau                     i.    Have control or joint control of the
                  pengendalian      bersama   entitas                           reporting entity;
                  pelapor;
             ii. Memiliki pengaruh material atas                          ii.  Has material influence over the
                  entitas pelapor; atau                                        reporting entity; or
             iii. Merupakan personil manajemen                            iii. Is a key management personnel of
                  kunci entitas pelapor atau entitas                           the reporting entity or the parent of
                  induk dari Perusahaan pelapor.                               the reporting entity.

         b. Suatu entitas berelasi dengan entitas                     b. b. An entity is related to a reporting entity
            pelapor jika memenuhi salah satu hal                         if one of the following conditions is met:
            berikut:

             i.    Entitas dan entitas pelapor adalah                     i.    The entity and the reporting entity
                   anggota dari kelompok usaha yang                             are members of the same business
                   sama (artinya entitas induk, entitas                         group (meaning that the parent,
                   anak, dan entitas anak berikutnya                            subsidiary     and        subsequent
                   saling berelasi dengan entitas lain).                        subsidiaries are related to other
                                                                                entities).
             ii.  Satu entitas adalah entitas asosiasi                    ii.   One entity is an associate or joint
                  atau ventura bersama dari entitas                             venture of another entity (or an
                  lain (atau entitas asosiasi atau                              associate or joint venture that is a
                  ventura bersama yang merupakan                                member of a business group, of
                  anggota suatu kelompok usaha,                                 which the other entity is a member).
                  yang mana entitas lain tersebut
                  adalah anggotanya).
             iii. Kedua entitas tersebut adalah                           iii. Both entities are joint ventures of the
                  ventura bersama dari pihak ketiga                            same third party.
                  yang sama.
             iv. Satu entitas adalah ventura bersama                      iv. One entity is a joint venture of a third
                  dari entitas ketiga dan entitas yang                        entity and the other entity is an
                  lain adalah entitas asosiasi dari                           associate of a third entity.
                  entitas ketiga.
             v. Entitas tersebut adalah suatu                             v.    The entity is a post-employment
                  program imbalan pascakerja untuk                              benefit plan for employee benefits of
                  imbalan kerja dari salah satu entitas                         either the reporting entity or an entity
                  pelapor atau entitas yang terkait                             related to the reporting entity. If the
                  dengan entitas pelapor. Jika entitas                          reporting entity is the entity that
                  pelapor     adalah     entitas    yang                        administers the program, the
                  menyelenggarakan               program                        sponsoring entity is also related to
                  tersebut, maka entitas sponsor juga                           the reporting entity.
                  berelasi dengan entitas pelapor.
             vi. Entitas yang dikendalikan atau                           vi. Entities    controlled   or    jointly
                  dikendalikan bersama oleh orang                             controlled by the person identified in
                  yang diidentifikasi dalam huruf (a).                        (a).




                                                       - 24 -
Page 29
PT INDO AMERICAN SEAFOODS Tbk                                                 PT INDO AMERICAN SEAFOODS Tbk
DAN ENTITAS ANAK                                                                             AND ITS SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN                                         NOTES TO THE CONSOLIDATED FINANCIAL
KONSOLIDASIAN INTERIM (Lanjutan)                                               STATEMENTS INTERIM ( Continued)
Tanggal 30 September 2024 (Tidak Diaudit)                                      As of September 30, 2024 (Unaudited)
dan 31 Desember 2023 (Diaudit)                                                     and December 31, 2023 (Audited)
Serta untuk Periode Sembilan Bulan yang Berakhir               And for the Nine-Months Period and for the Period then
pada Tanggal 30 September 2024 dan 2023                                         Ended September 30, 2024 and 2023
(Tidak Diaudit)                                                                                           (Unaudited)
(Disajikan dalam Rupiah Penuh,                                                  (Expressed in Full Amount of Rupiah,
kecuali Dinyatakan Lain)                                                                    unless Otherwise Stated)

               vii. Orang yang diidentifikasi dalam huruf                      vii. The person identified in (a) (i) has
                     (a) (i) memiliki pengaruh material                              material influence over the entity or
                     atas entitas atau merupakan personil                            is a member of the key management
                     manajemen kunci entitas (atau                                   personnel of the entity (or of a parent
                     entitas induk dari entitas).                                    of the entity).
               viii. Entitas, atau anggota dari kelompok                       viii. The entity, or a member of a group
                     yang mana entitas merupakan                                     to which it is a part, provides key
                     bagian dari kelompok tersebut,                                  management personnel services to
                     menyediakan         jasa     personil                           the reporting entity or to the parent
                     manajemen kunci kepada entitas                                  of the reporting entity.
                     pelapor atau kepada entitas induk
                     dari entitas pelapor.

           Grup melakukan beberapa transaksi dengan                       The Group entered into several transactions
           pihak berelasi yang dilakukan dengan syarat                    with related parties with the same terms and
           dan kondisi yang sama dengan transaksi-                        conditions as transactions with third parties.
           transaksi dengan pihak ketiga.

    2.i.   Transaksi dan Penjabaran dalam Mata                     2.i.    Transactions and Translations in Foreign
           Uang Asing                                                      Currencies

           Mata uang fungsional dan penyajian akun-                        Functional currency and presentation of
           akun yang disertakan dalam laporan                              accounts are presented in financial
           keuangan Perusahaan diukur menggunakan                          statements of Company are measured in the
           mata uang dari lingkungan ekonomi dimana                        currency of the primary economic
           entitas tersebut beroperasi (mata uang                          environment in which entity operates (its
           fungsional). Laporan keuangan disajikan                         functional currency). Financial statements
           dalam Rupiah yang merupakan mata uang                           are presented in Rupiah which is functional
           fungsional dan penyajian.                                       currency and the presentation currency.

           Transaksi dalam mata uang asing dijabarkan                      Transaction in foreign currency are
           menjadi mata uang fungsional menggunakan                        translated into functional currency at the
           kurs yang berlaku pada tanggal transaksi.                       rates of exchange prevailing at the time
           Keuntungan dan kerugian selisih kurs yang                       transaction are made. Gains or losses
           timbul dari penyelesaian transaksi dalam                        resulted from such adjustment or settlement
           mata uang asing dan dari penjabaran aset                        of each monetary asset and liability
           dan liabilitas moneter dalam mata uang asing                    denominated in foreign currencies are
           menggunakan kurs yang berlaku pada akhir                        credited or charged as current period profit of
           tahun diakui dalam laba rugi.                                   loss.

           Pada tanggal 30 September 2024 dan 31                           As of September 30, 2024 and December
           Desember 2023, kurs yang digunakan adalah                       31, 2023, the exchange rates used are the
           kurs tengah dari Bank Indonesia adalah                          middle rates of Bank Indonesia as follows:
           sebagai berikut:
                                            30 September/           31 Desember/
                                          September 30, 2024        Dec 31, 2023
           Dolar Amerika                                                                 United States
           Serikat (“USD”)                              15.138               15.416      Dollar (“USD”)




                                                         - 25 -
Page 30
PT INDO AMERICAN SEAFOODS Tbk                                               PT INDO AMERICAN SEAFOODS Tbk
DAN ENTITAS ANAK                                                                           AND ITS SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN                                       NOTES TO THE CONSOLIDATED FINANCIAL
KONSOLIDASIAN INTERIM (Lanjutan)                                             STATEMENTS INTERIM ( Continued)
Tanggal 30 September 2024 (Tidak Diaudit)                                    As of September 30, 2024 (Unaudited)
dan 31 Desember 2023 (Diaudit)                                                   and December 31, 2023 (Audited)
Serta untuk Periode Sembilan Bulan yang Berakhir             And for the Nine-Months Period and for the Period then
pada Tanggal 30 September 2024 dan 2023                                       Ended September 30, 2024 and 2023
(Tidak Diaudit)                                                                                         (Unaudited)
(Disajikan dalam Rupiah Penuh,                                                (Expressed in Full Amount of Rupiah,
kecuali Dinyatakan Lain)                                                                  unless Otherwise Stated)

    2.j.   Persediaan                                            2.j.   Inventories

           Berdasarkan PSAK 202. ”Persediaan”,                          Based on PSAK 202, Inventories are stated
           persediaan     dinyatakan    menurut     nilai               at the lower of cost and net realizable value.
           terendah antara harga perolehan dan nilai                    Cost is determined using the weighted
           realisasi bersih. Biaya perolehan ditentukan                 average method.
           dengan metode rata-rata tertimbang.

    2.k. Aset Biologis                                           2.k.   Biological Assets

           Aset Biologis terdiri dari udang serta pakan                 Biological Assets consist of shrimp feed and
           dan benih udang.                                             shrimp sheed.

           Aset Biologis dicatat pada nilai wajar                       Biological assets are stated at fair value less
           dikurangi biaya untuk menjual. Keuntungan                    costs to sell. Gains or losses are arising at
           atau kerugian yang timbul pada pengakuan                     initial recognition or agriculture produce at
           awal atas produk agrikultur pada nilai wajar                 fair value less costs to sell of the biological
           dikurangi biaya untuk menjual aset biologis                  assets at each reporting date are included in
           pada setiap tanggal pelaporan dimasukkan                     the profit or loss for the period in which they
           dalam laba rugi periode terjadinya.                          arise.

           Nilai wajar dari udang serta benih ditentukan                The fair value shrimp and shrimp sheed are
           dengan menggunakan pendekatan pasar                          using market approach by applying the
           dengan menerapkan perkiraan volume                           estimated market price applicable at the
           produk dengan perkiraan harga pasar yang                     reporting date.
           berlaku pada tanggal pelaporan.

           Biaya   untuk menjual    adalah biaya                        Costs to sell are the incremental costs
           incremental yang diatribusikan secara                        directly attributable to the disposal of an
           langsung untuk pelepasan aset, tidak                         assets, excluding finance costs and income
           termasuk beban keuangan dan pajak                            taxes.
           penghasilan.

    2.l.   Aset Tetap                                            2.l.   Fixed Assets

           Aset tetap yang dimiliki untuk digunakan                     Fixed assets held for use in supply of
           dalam penyediaan jasa atau untuk tujuan                      services or for administrative purposes are
           administratif dicatat berdasarkan biaya                      stated at cost less accumulated depreciation
           perolehan setelah dikurangi akumulasi                        and any accumulated impairment losses.
           penyusutan      dan   akumulasi   kerugian                   Acquisition cost includes expenditures
           penurunan nilai. Biaya perolehan termasuk                    directly attributable to bring the assets for
           pengeluaran-pengeluaran      yang    dapat                   their intended use.
           distribusikan secara langsung agar tetap
           tersebut siap digunakan.




                                                        - 26 -
Page 31
PT INDO AMERICAN SEAFOODS Tbk                                            PT INDO AMERICAN SEAFOODS Tbk
DAN ENTITAS ANAK                                                                        AND ITS SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN                                    NOTES TO THE CONSOLIDATED FINANCIAL
KONSOLIDASIAN INTERIM (Lanjutan)                                          STATEMENTS INTERIM ( Continued)
Tanggal 30 September 2024 (Tidak Diaudit)                                 As of September 30, 2024 (Unaudited)
dan 31 Desember 2023 (Diaudit)                                                and December 31, 2023 (Audited)
Serta untuk Periode Sembilan Bulan yang Berakhir          And for the Nine-Months Period and for the Period then
pada Tanggal 30 September 2024 dan 2023                                    Ended September 30, 2024 and 2023
(Tidak Diaudit)                                                                                      (Unaudited)
(Disajikan dalam Rupiah Penuh,                                             (Expressed in Full Amount of Rupiah,
kecuali Dinyatakan Lain)                                                               unless Otherwise Stated)

         Penyusutan dihitung menggunakan metode                       Depreciation is computed using the straight-
         garis    lurus    (straight-line     method)                 line method based on the estimated useful
         berdasarkan    taksiran    masa      manfaat                 lives of the assets as follows:
         ekonomis aset tetap seperti berikut:

                                            Tahun/            Persentase/
                                             Year             Percentage
         Bangunan                             20                  5%        Building
         Mesin                                16                6,25%       Machine
         Kendaraan                            4-8             25%-12,5%     Vehicle
         Kendaraan Alat Berat                  8                12,5%       Heavy Vehicles
         Sumur Bor                             8                12,5%       Bareholes Well
         Peralatan Kantor                      4                 25%        Office Equipment
         Peralatan Produksi                    4                 25%        Production Equipment
         Peralatan Laboratorium                4                 25%        Laboratory Equipment

         Masa manfaat ekonomis, nilai residu dan                      The estimated useful lives, residual values
         metode penyusutan direviu setiap akhir tahun                 and depreciation method are reviewed at
         dan pengaruh dari setiap perubahan estimasi                  each year end with the effect of any changes
         tersebut berlaku prospektif.                                 in estimate accounted for on a prospective
                                                                      basis.

         Beban     pemeliharaan      dan    perbaikan                 The cost of maintenance and repairs are
         dibebankan pada laporan laba rugi                            charged to profit or loss as incurred. Other
         komprehensif pada saat terjadinya. Biaya-                    costs incurred subsequently to add to,
         biaya lain yang terjadi selanjutnya yang                     replace part of, or service an item of fixed
         timbul untuk menambah, mengganti atau                        assets, are recognized as an asset if, and
         memperbaiki aset tetap dicatat sebagai biaya                 only if it is probable that future economic
         perolehan aset, jika dan hanya jika besar                    benefits associated with the item will flow to
         kemungkinan manfaat ekonomis di masa                         the entity and the cost of the item can be
         depan berkenaan dengan aset tersebut akan                    measured reliably.
         mengalir ke entitas dan biaya perolehan aset
         dapat diukur secara andal.

         Aset tetap yang sudah tidak digunakan lagi                   Unused or disposed fixed assets are
         atau yang dijual dikeluarkan dari kelompok                   removed from the accounts include its
         aset tetap berikut akumulasi penyusutannya.                  accumulated. Gain or loss from sale of fixed
         Keuntungan atau kerugian dari penjualan                      assets reflected in profit or loss in current
         aset tetap tersebut dibukukan dalam laporan                  period.
         laba rugi pada periode yang bersangkutan.




                                                     - 27 -
Page 32
PT INDO AMERICAN SEAFOODS Tbk                                           PT INDO AMERICAN SEAFOODS Tbk
DAN ENTITAS ANAK                                                                       AND ITS SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN                                   NOTES TO THE CONSOLIDATED FINANCIAL
KONSOLIDASIAN INTERIM (Lanjutan)                                         STATEMENTS INTERIM ( Continued)
Tanggal 30 September 2024 (Tidak Diaudit)                                As of September 30, 2024 (Unaudited)
dan 31 Desember 2023 (Diaudit)                                               and December 31, 2023 (Audited)
Serta untuk Periode Sembilan Bulan yang Berakhir         And for the Nine-Months Period and for the Period then
pada Tanggal 30 September 2024 dan 2023                                   Ended September 30, 2024 and 2023
(Tidak Diaudit)                                                                                     (Unaudited)
(Disajikan dalam Rupiah Penuh,                                            (Expressed in Full Amount of Rupiah,
kecuali Dinyatakan Lain)                                                              unless Otherwise Stated)

    2.m. Transaksi Sewa                                      2.m. Lease Transaction

         Pada       tanggal    permulaan    kontrak,               At the inception of a contract, the Company
         Perusahaan       menilai  apakah    kontrak               assesses whether the contract is or contains
         merupakan atau mengandung sewa. Suatu                     a lease. A contract is or contains a lease if
         kontrak merupakan atau mengandung sewa                    the contract conveys the right to control the
         jika kontrak tersebut memberikan hak untuk                use of an identified assets for a period of time
         mengendalikan         penggunaan       aset               in exchange for consideration. The Group
         identifikasian selama suatu jangka waktu                  can choose not to recognise the right-of-use
         untuk dipertukarkan dengan imbalan.                       asset and lease liabilities for:
         Perusahaan dapat memilih untuk tidak
         mengakui aset hak guna dan liabilitas sewa
         untuk:

         •   Sewa dengan masa sewa 12 bulan atau                     •   Leases with a lease term of 12 months
             kurang; dan                                                 or less; and

         •   Sewa yang aset pendasarnya bernilai-                    •   Low value underlying assets.
             rendah.

         Untuk menilai apakah kontrak memberikan                   To assess whether a contract conveys the
         hak untuk mengendalikan penggunaan aset                   right to control the use of an identified asset,
         identifikasian, Perusahaan harus menilai                  the Company shall assess whether:
         apakah:

         •   Perusahaan       memiliki hak    untuk                  •   The Company has the right to obtain
             mendapatkan secara substansial seluruh                      substantially all the economic benefit
             manfaat ekonomi dari penggunaan aset                        from use of the identified asset; and
             identifikasian; dan

         •   Perusahaan       memiliki   hak    untuk                •   The Company has the right to direct
             mengarahkan        penggunaan       aset                    the use of the identified asset. The
             identifikasian. Perusahaan memiliki hak                     Company has described when it has a
             ini ketika Perusahaan memiliki hak untuk                    decision-making rights that are the
             pengambilan keputusan yang relevan                          most relevant to changing how and for
             tentang bagaimana dan untuk tujuan apa                      what purpose the asset is used are
             aset     digunakan    telah   ditentukan                    predetermined:
             sebelumnya:
             1. Perusahaan memiliki hak untuk                            1. The Company has the right to
                  mengoperasikan aset;                                      operate the asset;
             2. Perusahaan telah mendesain aset                          2. The Company has designed the
                  dengan       cara      menetapkan                         asset in a way that predetermine
                  sebelumnya bagaimana dan untuk                            how and for what purposes it will
                  tujuan apa aset akan digunakan                            be used throughout the period of
                  selama periode penggunaan.                                use




                                                    - 28 -
Page 33
PT INDO AMERICAN SEAFOODS Tbk                                              PT INDO AMERICAN SEAFOODS Tbk
DAN ENTITAS ANAK                                                                          AND ITS SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN                                      NOTES TO THE CONSOLIDATED FINANCIAL
KONSOLIDASIAN INTERIM (Lanjutan)                                            STATEMENTS INTERIM ( Continued)
Tanggal 30 September 2024 (Tidak Diaudit)                                   As of September 30, 2024 (Unaudited)
dan 31 Desember 2023 (Diaudit)                                                  and December 31, 2023 (Audited)
Serta untuk Periode Sembilan Bulan yang Berakhir            And for the Nine-Months Period and for the Period then
pada Tanggal 30 September 2024 dan 2023                                      Ended September 30, 2024 and 2023
(Tidak Diaudit)                                                                                        (Unaudited)
(Disajikan dalam Rupiah Penuh,                                               (Expressed in Full Amount of Rupiah,
kecuali Dinyatakan Lain)                                                                 unless Otherwise Stated)

         Aset Hak-Guna                                                 Right-of-Use Assets

         Berdasarkan PSAK 116, “Sewa”, aset hak-                       Based on PSAK 116, “Lease”, right-of-use
         guna diakui pada tanggal dimulainya sewa                      assets are recognized at the commencement
         (yaitu, tanggal aset pendasar tersedia untuk                  date of the lease (i.e., the date of underlying
         digunakan). Pada pengukuran awal, Aset                        asset is available for use). At initial
         hak-guna diukur pada biaya perolehan yang                     measurement, right-of-use assets are
         meliputi jumlah pengukuran awal liabilitas                    measured at cost comprises the amount of
         sewa, biaya langsung awal yang dikeluarkan,                   the initial measurement of the lease liability,
         pembayaran sewa yang dilakukan pada atau                      initial direct cost incurred, lease payments
         sebelum tanggal mulai dikurangi insentif                      made at or before the commencement date
         sewa yang diterima dan estimasi biaya dalam                   less any lease incentives received and an
         membongkar dan memindahkan aset                               estimate of costs to be incurred in dismanting
         pendasar.                                                     and removing the underlying assets.

         Setelah pengakuan awal, aset hak-guna                         After initial recognition, the right-of-use asset
         diukur dengan menggunakan model biaya                         should be measured using a cost model in
         dimana aset hak-guna diukur sebesar biaya                     which the right-of-use asset is measured at
         perolehan dikurangi akumulasi penyusutan                      cost less accumulated depreciation and any
         dan akumulasi kerugian penuruan nilai.                        impairment losses.

         Penyusutan dihitung menggunakan metode                        Depreciation is calculated using straight line
         garis    lurus untuk mencatat   jumlah                        method to record the depreciable amount
         penyusutan selama estimasi manfaat                            over their estimated useful lives of right-of-
         ekonomi aset hak-guna adalah sebagai                          use assets as follows:
         berikut:

               Jenis Aset Hak-Guna              Masa Manfaat/Useful Life             Type of Right-of-Use Asset
          Sewa Tanah                                 30 Tahun/ Years            Land Lease

         Liabilitas Sewa                                               Lease Liabilities

         Pada tanggal dimulainya sewa, Perusahaan                      At the commencement date of the lease, the
         mengakui liabilitas sewa yang diukur pada                     Company recognizes a lease liability which
         nilai kini dari pembayaran sewa yang akan                     is measured at the present value of the lease
         dilakukan selama masa sewa.                                   payments to be made over the lease term.

         Dalam     menghitung      nilai   sekarang                    In calculating the present value of lease
         dari   pembayaran     sewa,     Perusahaan                    payments, the Company determined rate at
         menggunakan suku bunga yang ditetapkan                        the lease commencement date.
         Perusahaan sebagai tingkat diskonto kerja
         pada tanggal dimulainya sewa.

         Setelah    tanggal      dimulainya,      jumlah               After the commencement date, the amount
         kewajiban     sewa       ditingkatkan     untuk               of lease liabilities is increased to reflect the
         mencerminkan pertambahan bunga dan                            accretion of interest and reduced for lease
         dikurangi untuk pembayaran sewa yang                          payments made. In addition, the carrying
         dilakukan. Selain itu, nilai tercatat kewajiban               amount of lease liabilities is remeasured if
         sewa diukur kembali jika ada modifikasi,                      there is a modification, a change in the lease
         perubahan jangka waktu sewa, perubahan                        term, a change in the lease payments.
         pembayaran sewa.



                                                       - 29 -
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PT INDO AMERICAN SEAFOODS Tbk                                              PT INDO AMERICAN SEAFOODS Tbk
DAN ENTITAS ANAK                                                                          AND ITS SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN                                      NOTES TO THE CONSOLIDATED FINANCIAL
KONSOLIDASIAN INTERIM (Lanjutan)                                            STATEMENTS INTERIM ( Continued)
Tanggal 30 September 2024 (Tidak Diaudit)                                   As of September 30, 2024 (Unaudited)
dan 31 Desember 2023 (Diaudit)                                                  and December 31, 2023 (Audited)
Serta untuk Periode Sembilan Bulan yang Berakhir            And for the Nine-Months Period and for the Period then
pada Tanggal 30 September 2024 dan 2023                                      Ended September 30, 2024 and 2023
(Tidak Diaudit)                                                                                        (Unaudited)
(Disajikan dalam Rupiah Penuh,                                               (Expressed in Full Amount of Rupiah,
kecuali Dinyatakan Lain)                                                                 unless Otherwise Stated)

         Sewa Jangka Pendek dan Sewa atas Aset                         Short-term Leases and Leases of Low-value
         Bernilai Rendah                                               Assets

         Perusahaan menerapkan pengecualian                            The Company applies an exception to the
         pengakuan sewa jangka pendek (untuk sewa                      recognition of short-term leases (for leases
         yang memiliki jangka waktu selama 12 bulan                    that have terms of 12 months or less from the
         atau kurang dari tanggal dimulainya dan tidak                 commencement date and do not contain a
         mengandung opsi pembelian). Pembayaran                        purchase option). Rental payments for short-
         sewa untuk sewa jangka pendek dan sewa                        term leases and leases for low-value assets
         untuk aset bernilai rendah diakui sebagai                     are recognized as an expense on a straight-
         beban dengan dasar garis lurus selama masa                    line basis over the lease term.
         sewa.

         Perusahaan sebagai Pesewa                                     Company as Lessee

         Sewa dimana Perusahaan tidak mentransfer                      Leases in which the Company does not
         secara substansial seluruh risiko dan                         transfer substantially all the risks and
         manfaat yang terkait dengan kepemilikan                       rewards incidental to ownership of an asset
         suatu aset diklasifikasikan sebagai sewa                      are classified as operating leases. The rental
         operasi. Pendapatan sewa yang timbul                          income incurred is recorded on a straight-line
         dicatat secara garis lurus selama masa sewa                   basis over the lease term and is included in
         dan termasuk dalam pendapatan dalam                           income in the income statement due to the
         laporan laba rugi karena sifat operasinya.                    nature of the operation.

    2.n. Penurunan Nilai Aset Non-Keuangan                      2.n.   Impairment of Non-Financial Assets

         Pada setiap akhir periode pelaporan,                          At the end of each reporting period, the
         Perusahaan menelaah nilai tercatat aset non                   Company review the carrying amount of non-
         keuangan untuk menentukan apakah                              financial assets to determine whether there is
         terdapat indikasi bahwa aset tersebut telah                   any indication that those assets have
         mengalami penurunan nilai. Jika terdapat                      suffered an impairment loss. If any such
         indikasi tersebut, jumlah terpulihkan dari aset               indication exists, the recoverable amount of
         diestimasi untuk menentukan tingkat kerugian                  the asset is estimated in order to determine
         penurunan nilai (jika ada). Bila tidak                        the extent of the impairment loss (if any).
         memungkinkan untuk mengestimasi jumlah                        Where it is not possible to estimate the
         terpulihkan atas suatu aset individual,                       recoverable amount of an individual asset,
         Perusahaan mengestimasi jumlah terpulihkan                    the Company estimate the recoverable
         dari unit penghasil kas atas aset.                            amount of the cash generating unit to which
                                                                       the asset belongs.
         Estimasi jumlah terpulihkan adalah nilai                      Estimated recoverable amount is the higher
         tertinggi antara nilai wajar dikurangi biaya                  of fair value less cost to sell and value in use.
         pelepasan dan nilai pakai. Dalam menilai nilai                In assessing value in use, the estimated
         pakai, estimasi arus kas masa depan                           future cash flows are discounted to their
         didiskontokan ke nilai kini menggunakan                       present value using a pre-tax discount rate
         tingkat diskonto sebelum pajak yang                           that reflects current market assessments of
         menggambarkan penilaian pasar kini dari nilai                 the time value of money and the risks specific
         waktu uang dan risiko spesifik atas aset yang                 to the asset for which the estimates of future
         mana estimasi arus kas masa depan belum                       cash flows have not been adjusted.
         disesuaikan.




                                                       - 30 -
Page 35
PT INDO AMERICAN SEAFOODS Tbk                                              PT INDO AMERICAN SEAFOODS Tbk
DAN ENTITAS ANAK                                                                          AND ITS SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN                                      NOTES TO THE CONSOLIDATED FINANCIAL
KONSOLIDASIAN INTERIM (Lanjutan)                                            STATEMENTS INTERIM ( Continued)
Tanggal 30 September 2024 (Tidak Diaudit)                                   As of September 30, 2024 (Unaudited)
dan 31 Desember 2023 (Diaudit)                                                  and December 31, 2023 (Audited)
Serta untuk Periode Sembilan Bulan yang Berakhir            And for the Nine-Months Period and for the Period then
pada Tanggal 30 September 2024 dan 2023                                      Ended September 30, 2024 and 2023
(Tidak Diaudit)                                                                                        (Unaudited)
(Disajikan dalam Rupiah Penuh,                                               (Expressed in Full Amount of Rupiah,
kecuali Dinyatakan Lain)                                                                 unless Otherwise Stated)

        Jika jumlah terpulihkan dari aset non                          If the recoverable amount of the non-financial
        keuangan (unit penghasil kas) kurang dari nilai                asset (cash generating unit) is less than its
        tercatatnya, nilai tercatat aset (unit penghasil               carrying amount, the carrying amount of the
        kas) dikurangi menjadi sebesar jumlah                          asset (cash generating unit) is reduced to its
        terpulihkan dan rugi penurunan nilai diakui                    recoverable amount and an impairment loss is
        langsung ke laba rugi.                                         recognized immediately against earnings.

        Kebijakan akuntansi untuk penurunan nilai                      Accounting policy for impairment of financial
        aset keuangan dijelaskan dalam Catatan 3.                      assets is discussed in Note 3.


    2.o. Imbalan Pascakerja                                     2.o.    Post-Employment Benefit

         Perusahaan menyelenggarakan imbalan                           The Company provides defined benefit post-
         pascakerja imbalan pasti untuk semua                          employment benefits to its permanent
         karyawan tetapnya sesuai dengan Undang-                       employees in accordance with – Law of Job
         Undang Cipta Kerja No. 11/2020. Perusahaan                    Creation No. 11/2020. The Company has
         telah menerapkan panduan dalam siaran pers                    implemented the guidance in the press
         dan klarifikasi pengatribusian imbalan pada                   release and clarification of attribution of
         periode jasa untuk program pensiun berbasis                   benefit to period of for the pension program
         undang-undang       ketenagakerjaan     atau                  under the Manpower Act or the Job Creation
         undang-undang cipta kerja beserta peraturan                   Law and its implementing regulations
         pelaksanaan (UU Ketenagakerjaan) sesuai                       (Manpower Act) in accordance issued by
         dengan yang diterbitkan oleh DSAK-IAI pada                    DSAK-IAI in April 2022.
         April 2022.

         Perusahaan telah menerapkan panduan                           The Company has implemented the
         dalam siaran pers dan menerapkan                              guidance in the press release and applied the
         perubahan yang diperlukan atas kebijakan                      necessary changes to its accounting policies
         akuntansi secara prospektif. Tidak terdapat                   on a prospective basis. There is no funds are
         pendanaan yang disisihkan oleh Perusahaan                     set aside by Company regarding of this post-
         sehubungan dengan imbalan pascakerja ini.                     employment.

         Biaya penyediaan imbalan ditentukan dengan                    The cost of providing benefits is determined
         menggunakan metode projected unit credit                      using the projected unit credit method, which
         yang dihitung oleh akturaris independen                       is calculated by independent actuaries
         setiap tahun. Pengukuran kembali, terdiri dari                annually.     Remeasurement,        comprising
         keuntungan       dan    kerugian     aktuarial,               actuarial gains and losses, the effect of the
         perubahan dampak batas atas aset (jika ada)                   changes to the asset ceiling (if applicable)
         dan dari imbal hasil atas aset program (tidak                 and the return on plan assets (excluding
         termasuk bunga), yang tercermin langsung                      interest), is reflected immediately in the
         dalam laporan posisi keuangan yang                            statement of financial position with a charge
         dibebankan       atau    dikreditkan    dalam                 or credit recognized in other comprehensive
         penghasilan komprehensif lain periode                         income in the period in which they occur.
         terjadinya. Pengukuran kembali diakui dalam                   Remeasurement recognized in               other
         penghasilan komprehensif lain tercermin                       comprehensive       income       is   reflected
         segera     sebagai     pos    terpisah   pada                 immediately as separate item under other
         penghasilan komprehensif lain di ekuitas dan                  comprehensive income in equity and will not
         tidak akan direklasifikasi ke laba rugi. Biaya                be reclassified to profit or loss. Past service
         jasa lalu diakui dalam laba rugi pada periode                 cost is recognized in profit or loss in the
         amendemen program.                                            period of a plan amendment.




                                                       - 31 -
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PT INDO AMERICAN SEAFOODS Tbk                                             PT INDO AMERICAN SEAFOODS Tbk
DAN ENTITAS ANAK                                                                         AND ITS SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN                                     NOTES TO THE CONSOLIDATED FINANCIAL
KONSOLIDASIAN INTERIM (Lanjutan)                                           STATEMENTS INTERIM ( Continued)
Tanggal 30 September 2024 (Tidak Diaudit)                                  As of September 30, 2024 (Unaudited)
dan 31 Desember 2023 (Diaudit)                                                 and December 31, 2023 (Audited)
Serta untuk Periode Sembilan Bulan yang Berakhir           And for the Nine-Months Period and for the Period then
pada Tanggal 30 September 2024 dan 2023                                     Ended September 30, 2024 and 2023
(Tidak Diaudit)                                                                                       (Unaudited)
(Disajikan dalam Rupiah Penuh,                                              (Expressed in Full Amount of Rupiah,
kecuali Dinyatakan Lain)                                                                unless Otherwise Stated)

        Bunga neto dihitung dengan mengalikan                          Net interest is calculated by applying the
        tingkat diskonto pada awal periode imbalan                     discount rate at the beginning of the period to
        pasti dengan liabilitas atau aset imbalan pasti                the net defined benefit liability or asset.
        neto. Biaya imbalan pasti dikategorikan                        Defined benefit costs are categorised as
        sebagai berikut:                                               follows:

         •   Biaya jasa (termasuk biaya jasa kini,                     •    Service cost (including current service
             biaya jasa lalu serta keuntungan dan                           cost, past service cost, as well as gains
             kerugian kurtailmen dan penyelesaian).                         and losses on curtailments and
                                                                            settlements).
         •   Beban atau pendapatan bunga neto.                         •    Net interest expense or income.
         •   Pengukuran kembali.                                       •    Remeasurement.

        Perusahaan menyajikan dua komponen                             The Company presents the first two
        pertama dari biaya imbalan pasti di laba rugi.                 components of a defined reward cost in profit
        Keuntungan dan kerugian kurtailmen dicatat                     and loss. Curtailment gains and losses are
        sebagai biaya jasa lalu.                                       recorded as past service costs.

        Liabilitas imbalan pensiun yang diakui pada                    The retirement benefit obligation recognized
        laporan posisi keuangan merupakan defisit                      in the statement of financial position
        atau surplus aktual dalam program imbalan                      represents the actual deficit or surplus in the
        pasti Perusahaan.                                              Company defined benefit plans.

        Surplus yang dihasilkan dari perhitungan ini                   Any surplus resulting from this calculation is
        terbatas pada nilai kini manfaat ekonomi yang                  limited to the present value of any economic
        tersedia dalam bentuk pengembalian dana                        benefits available in the form of refunds from
        program dan pengurangan iuran masa depan                       the plans or reductions in future contributions
        ke program.                                                    to the plans.

    2.p. Ventura Bersama                                       2.p.    Joint Ventures

         Merupakan pengaturan bersama yang                             Represents joint arrangements whereby the
         mengatur bahwa para pihak yang memiliki                       parties that have joint control of the
         pengendalian bersama atas pengaturan                          arrangements have rights to the net assets of
         memiliki hak atas aset neto pengaturan                        the joint arrangements. The parties referred to
         tersebut. Para pihak tersebut disebut sebagai                 as joint venturer.
         ventura bersama.

         Ventura bersama mengakui kepentingannya                       Joint Venturer recognized its interest in Joint
         dalam Kerjasama Ventura sebagai investasi                     Venture as investment and recorded its
         dan mencatat investasi tersebut dengan                        investment with equity method.
         menggunakan metode ekuitas.

    2.q. Pengakuan Pendapatan dan Beban                         2.q.    Revenue and Expense Recognition

         Pendapatan                                                    Revenues

         Perusahaan      menerapkan    PSAK    115                     The Company applies PSAK 115 “Revenue
         “Pendapatan      dari   Kontrak    dengan                     from Contracts with Customers”. Based on
         Pelanggan”.     Berdasarkan   PSAK     ini,                   this PSAK, revenue recognition can be
         pengakuan pendapatan dapat dilakukan                          performed in stages over the life of the
         secara bertahap sepanjang umur kontrak                        contract (over time) or at certain time (at a
         (over time) atau pada waktu tertentu (at a                    point in time).
         point in time).


                                                      - 32 -
Page 37
PT INDO AMERICAN SEAFOODS Tbk                                              PT INDO AMERICAN SEAFOODS Tbk
DAN ENTITAS ANAK                                                                          AND ITS SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN                                      NOTES TO THE CONSOLIDATED FINANCIAL
KONSOLIDASIAN INTERIM (Lanjutan)                                            STATEMENTS INTERIM ( Continued)
Tanggal 30 September 2024 (Tidak Diaudit)                                   As of September 30, 2024 (Unaudited)
dan 31 Desember 2023 (Diaudit)                                                  and December 31, 2023 (Audited)
Serta untuk Periode Sembilan Bulan yang Berakhir            And for the Nine-Months Period and for the Period then
pada Tanggal 30 September 2024 dan 2023                                      Ended September 30, 2024 and 2023
(Tidak Diaudit)                                                                                        (Unaudited)
(Disajikan dalam Rupiah Penuh,                                               (Expressed in Full Amount of Rupiah,
kecuali Dinyatakan Lain)                                                                 unless Otherwise Stated)

         Perusahaan mengakui pendapatan ketika                        The Company recognized revenue when (or
         (atau selama) entitas memenuhi kewajiban                     as long as) it fulfills a performance obligation
         pelaksanaan dengan mengalihkan barang                        by transferring promised goods or services
         atau jasa yang dijanjikan (yaitu aset) kepada                (i.e. assets) to a customer. Assets are
         pelanggan. Aset dialihkan ketika (atau                       transferred when (or as long as) the customer
         selama)       pelanggan           memperoleh                 obtain control of the asset.
         pengendalian atas aset tersebut.

         Pendapatan diakui sepanjang waktu (over                      Revenues are recognized over time, if one of
         time), jika satu dari kriteria berikut ini                   the following criteria is met:
         terpenuhi:

         1.   Pelanggan secara simultan menerima                     1.   The customers simultaneously receives
              dan mengkonsumsi manfaat yang                               and consumes the benefits provided
              disediakan dari pelaksanaan entitas                         from the performance of the entity as
              selama entitas melaksanakan kewajiban                       long as the entity performs its
              pelaksanaannya;                                             performances obligations;
         2.   Pelaksanaan entitas menimbulkan atau                   2.   The entity’s performance of creating or
              meningkatkan aset yang dikendalikan                         enhancing assets controlled by the
              pelanggan      selama     aset    tersebut                  customer as long as the asset are
              ditimbulkan atau ditingkatkan; atau                         generated or enhanced; or
         3.   Pelaksanaan entitas tidak menimbulkan                  3.   The entity’s performance does not give
              suatu aset dengan penggunaan alternatif                     rise to an asset with an alternative use
              bagi entitas dan entitas memiliki hak atas                  for the entity and the entity has a right to
              pembayaran yang dapat dipaksakan atas                       enforceable      payments       for     the
              pelaksanaan yang telah diselesakan                          performance that has been completed to
              sampai saat ini.                                            date.

        Jika suatu kewajiban pelaksanaan tidak                       If a performance obligation does not meet
        memenuhi kriteria tersebut, maka entitas                     these criteria, the entity fulfills the
        memenuhi kewajiban pelaksanaan pada suatu                    performance obligation at a certain time (at a
        waktu tertentu (at a point in time) dimana                   point in time) where the customer obtains
        pelanggan memperoleh pengendalian atas                       control over the promised assets and the
        aset yang dijanjikan dan entitas memenuhi                    entity fulfills the performance obligations by
        kewajiban        pelaksanaan        dengan                   considering indicators of transfer of control,
        mempertimbangkan indikator pengalihan                        including:
        pengendalian antara lain:
        1.    Entitas     memiliki  hak     kini atas                1. The entity has a present right to payment
              pembayaran aset.                                          for the asset.
        2.    Pelanggan memiliki hak kepemilikan                     2. The customer has legal ownership rights
              legal atas aset.                                          to the assets.
        3.    Entitas telah mengalihkan kepemilikan                  3. The entity has transferred physical
              fisik atas aset.                                          ownership of the asset.
        4.    Pelanggan memilliki risiko dan manfaat                 4. Customers are subject to significant risks
              signifikan atas kepemilikan aset.                         and rewards of ownership of assets.
        5.    Pelanggan telah menerima aset.                         5. The customer has received the asset.




                                                       - 33 -
Page 38
PT INDO AMERICAN SEAFOODS Tbk                                             PT INDO AMERICAN SEAFOODS Tbk
DAN ENTITAS ANAK                                                                         AND ITS SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN                                     NOTES TO THE CONSOLIDATED FINANCIAL
KONSOLIDASIAN INTERIM (Lanjutan)                                           STATEMENTS INTERIM ( Continued)
Tanggal 30 September 2024 (Tidak Diaudit)                                  As of September 30, 2024 (Unaudited)
dan 31 Desember 2023 (Diaudit)                                                 and December 31, 2023 (Audited)
Serta untuk Periode Sembilan Bulan yang Berakhir           And for the Nine-Months Period and for the Period then
pada Tanggal 30 September 2024 dan 2023                                     Ended September 30, 2024 and 2023
(Tidak Diaudit)                                                                                       (Unaudited)
(Disajikan dalam Rupiah Penuh,                                              (Expressed in Full Amount of Rupiah,
kecuali Dinyatakan Lain)                                                                unless Otherwise Stated)

   2.r.   Pajak Penghasilan                                    2.r.   Income Tax

          Pajak kini terutang berdasarkan laba kena                   The current tax is payable based on taxable
          pajak untuk suatu tahun. Laba kena pajak                    profit for the year. Taxable profit differs from
          berbeda dari laba sebelum pajak seperti yang                profit before tax as reported in the statement
          dilaporkan dalam laporan laba rugi dan                      of profit or loss and other comprehensive
          penghasilan komprehensif lain karena pos                    income because of items of income or
          pendapatan atau beban yang dikenakan                        expense that are taxable or deductible in
          pajak atau dikurangkan pada tahun berbeda                   other years and items that are never taxable
          dan pos-pos yang tidak pernah dikenakan                     or deductible.
          pajak atau tidak dapat dikurangkan.

          Beban pajak kini ditentukan berdasarkan laba                Current tax expense is determined based on
          kena pajak dalam tahun yang bersangkutan                    the taxable income for the year computed
          yang dihitung berdasarkan tarif pajak yang                  using the prevailing rates.
          berlaku.

          Pajak tangguhan diakui atas perbedaan                       Deferred tax is recognized on temporary
          temporer antara jumlah tercatat aset dan                    differences between the carrying amounts of
          liabilitas dalam laporan keuangan dengan                    assets and liabilities in the financial
          dasar pengenaan pajak yang digunakan                        statements and the corresponding tax bases
          dalam perhitungan laba kena pajak. Liabilitas               used in the computation of taxable profit.
          pajak tangguhan umumnya diakui untuk                        Deferred tax liabilities are generally
          seluruh perbedaan temporer kena pajak.                      recognized for all taxable temporary
                                                                      differences.

          Aset pajak tangguhan umumnya diakui untuk                   Deferred tax assets are generally recognized
          seluruh perbedaan temporer yang dapat                       for all deductible temporary differences to the
          dikurangkan sepanjang kemungkinan besar                     extent that is probable that taxable profits will
          bahwa laba kena pajak akan tersedia                         be available against which those deductible
          sehingga     perbedaan  temporer    dapat                   temporary differences can be utilized.
          dimanfaatkan.

          Aset dan liabilitas pajak tangguhan tidak                   Such deferred tax assets and liabilities are
          diakui jika perbedaan temporer timbul dari                  not recognized if the temporary differences
          pengakuan awal (bukan kombinasi bisnis)                     arises from the initial recognition (other than
          dari aset dan liabilitas suatu transaksi yang               in a business combination) of assets and
          tidak mempengaruhi laba kena pajak atau                     liabilities in a transaction that affects neither
          laba akuntansi.                                             the taxable profit nor the accounting profit.

          Selain itu, liabilitas pajak tangguhan tidak                In addition, deferred tax liabilities are not
          diakui jika perbedaan temporer timbul dari                  recognized if the temporary differences
          pengakuan awal goodwill.                                    arises from the initial recognition of goodwill.

          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
          diekspektasikan berlaku dalam periode ketika                to apply in the period in which the liability is
          liabilitas diselesaikan atau aset dipulihkan                settled or the asset realized based on the tax
          dengan tarif pajak (dan peraturan pajak) yang               rates (and tax laws) that have been enacted
          telah berlaku atau secara substantif telah                  or substantively enacted by the end of the
          berlaku pada akhir periode pelaporan.                       reporting period.



                                                      - 34 -
Page 39
PT INDO AMERICAN SEAFOODS Tbk                                               PT INDO AMERICAN SEAFOODS Tbk
DAN ENTITAS ANAK                                                                           AND ITS SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN                                       NOTES TO THE CONSOLIDATED FINANCIAL
KONSOLIDASIAN INTERIM (Lanjutan)                                             STATEMENTS INTERIM ( Continued)
Tanggal 30 September 2024 (Tidak Diaudit)                                    As of September 30, 2024 (Unaudited)
dan 31 Desember 2023 (Diaudit)                                                   and December 31, 2023 (Audited)
Serta untuk Periode Sembilan Bulan yang Berakhir             And for the Nine-Months Period and for the Period then
pada Tanggal 30 September 2024 dan 2023                                       Ended September 30, 2024 and 2023
(Tidak Diaudit)                                                                                         (Unaudited)
(Disajikan dalam Rupiah Penuh,                                                (Expressed in Full Amount of Rupiah,
kecuali Dinyatakan Lain)                                                                  unless Otherwise Stated)

         Jumlah tercatat aset pajak tangguhan dikaji                    The carrying amount of deferred tax assets is
         ulang pada akhir periode pelaporan dan                         reviewed at the end of the reporting period
         dikurangi     jumlah     tercatatnya    jika                   and reduced by the carrying amount if it is
         kemungkinan besar laba kena pajak tidak lagi                   probable that taxable profits will no longer be
         tersedia dalam jumlah yang memadai untuk                       available in sufficient amounts to compensate
         mengkompensasikan sebagian atau seluruh                        for part or all of the deferred tax assets.
         aset pajak tangguhan tersebut.

         Aset dan liabilitas pajak tangguhan saling                     Deferred tax assets and liabilities are offset
         hapus ketika entitas memiliki hak yang dapat                   when there is legally enforceable right to set
         dipaksakan secara hukum untuk melakukan                        off current tax assets against current tax
         saling hapus aset pajak kini terhadap liabilitas               liabilities and when they relate to income
         pajak kini dan ketika aset pajak tangguhan                     taxes charged by the same taxation authority
         dan liabilitas pajak tangguhan terkait dengan                  and;
         pajak penghasilan yang dikenakan oleh
         otoritas perpajakan yang sama;

         serta Perusahaan yang berbeda yang                             the Company intends to settle their current
         bermaksud untuk memulihkan aset dan                            tax assets and current tax liabilities on a net
         liabilitas pajak kini dengan dasar neto.                       basis.

         Pajak kini dan pajak tangguhan diakui                          Current and deferred tax are recognized as
         sebagai beban atau penghasilan dalam laba                      an expense or income in profit or loss, except
         atau    rugi,   kecuali    sepanjang       pajak               when they relate to items that are recognized
         penghasilan yang berasal dari transaksi atau                   outside of profit or loss (whether in other
         kejadian yang diakui, diluar laba atau rugi                    comprehensive income or directly in equity),
         (baik dalam pendapatan komprehensif lain                       in which case the tax is also recognized
         maupun secara langsung di ekuitas), dalam                      outside of profit or loss or where they arise
         hal tersebut pajak juga diakui di luar laba atau               from the initial accounting for a business
         rugi yang timbul dari akuntansi awal untuk                     combination.
         kombinasi bisnis.

         Dalam kasus kombinasi bisnis, pengaruh                         In the case of business combination, the tax
         pajak termasuk dalam akuntansi kombinasi                       effect is included in the accounting for the
         bisnis.                                                        business combination.

    2.s. Laba Per Saham                                          2.s.   Earning Per Share

         Laba per saham dasar dihitung dengan                           Basic earnings per share is computed by
         membagi laba bersih yang diatribusikan                         dividing net income attributable to the owner
         kepada pemilik entitas induk dengan jumlah                     of the Company by the weighted average
         rata-rata tertimbang dari saham yang beredar                   number of shares outstanding during the
         pada tahun yang bersangkutan yang                              year as adjusted with the effect of treasury
         disesuaikan dengan jumlah saham biasa                          stock.
         yang dibeli kembali.




                                                        - 35 -
Page 40
PT INDO AMERICAN SEAFOODS Tbk                                                PT INDO AMERICAN SEAFOODS Tbk
DAN ENTITAS ANAK                                                                            AND ITS SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN                                        NOTES TO THE CONSOLIDATED FINANCIAL
KONSOLIDASIAN INTERIM (Lanjutan)                                              STATEMENTS INTERIM ( Continued)
Tanggal 30 September 2024 (Tidak Diaudit)                                     As of September 30, 2024 (Unaudited)
dan 31 Desember 2023 (Diaudit)                                                    and December 31, 2023 (Audited)
Serta untuk Periode Sembilan Bulan yang Berakhir              And for the Nine-Months Period and for the Period then
pada Tanggal 30 September 2024 dan 2023                                        Ended September 30, 2024 and 2023
(Tidak Diaudit)                                                                                          (Unaudited)
(Disajikan dalam Rupiah Penuh,                                                 (Expressed in Full Amount of Rupiah,
kecuali Dinyatakan Lain)                                                                   unless Otherwise Stated)

     2.t.   Provisi dan Kontijensi                                  2.t.    Provisions and Contingencies

            Provisi diakui jika Grup memiliki kewajiban                    Provisions are recognized when the Group
            kini (baik bersifat hukum maupun bersifat                      has a present obligation (legal or constructive)
            konstruktif) yang akibat peristiwa masa lalu,                  where, as a result of a past event, it is
            besar     kemungkinannya         penyelesaian                  probable that an outflow of resources
            kewajiban tersebut mengakibatkan arus                          embodying economic benefits will be required
            keluar sumber daya yang mengandung                             to settle the obligation and a reliable estimate
            manfaat ekonomi dan estimasi yang andal                        can be made of the amount of the obligation.
            mengenai jumlah kewajiban tersebut dapat
            dibuat.

            Provisi ditelaah pada setiap akhir periode                     Provisions are reviewed at each end of
            pelaporan      dan     disesuaikan       untuk                 reporting period and adjusted to reflect the
            mencerminkan estimasi terbaik yang paling                      current best estimate. If it is no longer
            kini. Jika arus keluar sumber daya untuk                       probable that an outflow of resources
            menyelesaikan kewajiban kemungkinan                            embodying economic benefits will be required
            besar tidak terjadi, maka provisi dibatalkan.                  to settle the obligation, the provision is
                                                                           reversed.

            Liabilitas kontinjensi tidak diakui dalam                      Contingent liabilities are not recognized in the
            laporan keuangan tetapi diungkapkan dalam                      consolidated financial statements but are
            catatan atas laporan keuangan kecuali arus                     disclosed in the notes to the consolidated
            keluar sumber daya yang mengandung                             financial statements unless the possibility of
            manfaat ekonomi kemungkinannya kecil.                          an outflow of resources embodying economic
            Aset kontinjensi tidak diakui dalam laporan                    benefits is remote. Contingent assets are not
            keuangan tetapi diungkapkan dalam laporan                      recognized in the consolidated financial
            keuangan jika terdapat kemungkinan besar                       statements but are disclosed in the notes to
            arus masuk manfaat ekonomis akan                               the consolidated financial statements when an
            diperoleh.                                                     inflow of economic benefits is probable.


3.   PERTIMBANGAN KRITIS AKUNTANSI DAN                            3. CRITICAL ACCOUNTING JUDGEMENTS AND
     ESTIMASI AKUNTANSI YANG MATERIAL                                ESTIMATES

     Dalam penerapan kebijakan akuntansi Grup, yang                 In applying the Group’s accounting policies, which
     dijelaskan dalam Catatan 2, direksi diwajibkan                 are described in Note 2, the directors are required
     untuk membuat pertimbangan, estimasi dan                       to make judgments, estimates and assumptions
     asumsi tentang jumlah tercatat aset dan liabilitas             about the carrying amounts of assets and liabilities
     yang tidak tersedia dari sumber lain. Estimasi dan             that are not available from other sources.
     asumsi yang terkait didasarkan pada pengalaman                 Estimates and associated assumptions are based
     historis dan faktor-faktor lain yang dianggap                  on historical experience and other factors deemed
     relevan. Hasil aktualnya mungkin berbeda dari                  relevant. Actual results may differ from these
     estimasi tersebut.                                             estimates.

     Estimasi dan asumsi yang mendasari ditelaah                    The estimates and underlying assumptions are
     secara berkelanjutan. Revisi estimasi akuntansi                reviewed on an ongoing basis. Revisions to
     diakui dalam periode dimana estimasi tersebut                  accounting estimates are recognized in the period
     direvisi jika revisi hanya mempengaruhi periode                in which the estimate is revised if the revision
     itu, atau pada periode revisi dan periode masa                 affects only that period, or in the period of the
     depan jika revisi mempengaruhi kedua periode                   revision and future periods if the revision affects
     tersebut.                                                      both periods.



                                                         - 36 -
Page 41
PT INDO AMERICAN SEAFOODS Tbk                                             PT INDO AMERICAN SEAFOODS Tbk
DAN ENTITAS ANAK                                                                         AND ITS SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN                                     NOTES TO THE CONSOLIDATED FINANCIAL
KONSOLIDASIAN INTERIM (Lanjutan)                                           STATEMENTS INTERIM ( Continued)
Tanggal 30 September 2024 (Tidak Diaudit)                                  As of September 30, 2024 (Unaudited)
dan 31 Desember 2023 (Diaudit)                                                 and December 31, 2023 (Audited)
Serta untuk Periode Sembilan Bulan yang Berakhir           And for the Nine-Months Period and for the Period then
pada Tanggal 30 September 2024 dan 2023                                     Ended September 30, 2024 and 2023
(Tidak Diaudit)                                                                                       (Unaudited)
(Disajikan dalam Rupiah Penuh,                                              (Expressed in Full Amount of Rupiah,
kecuali Dinyatakan Lain)                                                                unless Otherwise Stated)

    Pertimbangan    Kritis      dalam      Penerapan           Critical Judgments in Applying Accounting
    Kebijakan Akuntansi                                        Policies

    Dalam proses penerapan kebijakan akuntansi                 In the process of applying the accounting policies
    yang dijelaskan dalam catatan 2, tidak terdapat            described in note 2, there are no critical
    pertimbangan kritis yang memiliki dampak                   considerations that have a significant impact on the
    signifikan pada jumlah yang diakui dalam laporan           amounts recognized in the financial statements,
    keuangan, selain dari penyajian perkiraan yang             other than the presentation of estimates set out
    diatur dibawah ini:                                        below:

    Sumber Estimasi Ketidakpastian                             Key Sources of Estimation Uncertainty
    Asumsi utama mengenai masa depan dan sumber                The main assumptions regarding the future and
    estimasi ketidakpastian utama lainnya pada akhir           other major sources of estimation uncertainty at the
    periode pelaporan, yang memiliki risiko signifikan         end of the reporting period, which have a
    yang mengakibatkan penyesuaian material                    significant risk of causing a material adjustment to
    terhadap jumlah tercatat aset dan liabilitas dalam         the carrying amount of assets and liabilities within
    periode pelaporan berikutnya dijelaskan dibawah            the next reporting period are described below:
    ini:

    Penurunan Nilai Aset                                       Impairment of Assets

    Pengujian atas penurunan nilai dilakukan apabila           Tests for impairment are carried out if there are
    terdapat indikasi penurunan nilai. Penentuan nilai         indications of impairment. Determining the value in
    pakai aset memerlukan estimasi mengenai arus               use of an asset requires an estimate of the cash
    kas yang diharapkan untuk dihasilkan dari                  flows that are expected to result from the use of the
    penggunaan aset (unit penghasil kas) dan                   asset (cash generating unit) and sale of the asset
    penjualan aset tersebut serta tingkat diskonto yang        and the appropriate discount rate to determine its
    sesuai untuk menentukan nilai sekarang.                    present value.

    Walaupun asumsi yang digunakan dalam                       Although the assumptions used in estimating the
    mengestimasi nilai pakai aset yang tercermin               value in use of the assets reflected in the financial
    dalam laporan keuangan dianggap telah sesuai               statements are considered appropriate and
    dan wajar, namun perubahan signifikan atas                 reasonable, significant changes to these
    asumsi ini akan berdampak material terhadap                assumptions will have a material impact on the
    penentuan jumlah yang dapat dipulihkan dan                 determination of the recoverable amount and as a
    akibatnya kerugian penurunan nilai yang timbul             result, any impairment losses incurred will have an
    akan berdampak terhadap hasil usaha.                       impact on operating results.

    Berdasarkan pertimbangan manajemen, tidak                  Based on management's judgment, there are no
    terdapat indikator penurunan nilai atas aset               indicators of impairment of the Group's assets.
    Perusahaan.

    Mengevaluasi Perjanjian Sewa                               Evaluating Lease Agreement

    Grup menentukan jangka waktu sewa sebagai                  The Group determines the lease term as the non-
    jangka waktu sewa yang tidak dapat dibatalkan,             cancellable term of the lease, together with
    bersama dengan jangka waktu yang dicakup oleh              anyperiods covered by an option to extend the
    opsi untuk memperpanjang sewa jika secara wajar            lease if it is reasonably certain to be exercised, or
    dipastikan akan dilaksanakan, atau periode apa             any periods covered by an option to terminate the
    pun yang dicakup oleh opsi untuk menghentikan              lease, if it is reasonably certain not to be exercised.
    sewa, jika sudah dipastikan secara wajar tidak
    akan dilakukan perpanjangan.


                                                      - 37 -
Page 42
PT INDO AMERICAN SEAFOODS Tbk                                          PT INDO AMERICAN SEAFOODS Tbk
DAN ENTITAS ANAK                                                                      AND ITS SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN                                  NOTES TO THE CONSOLIDATED FINANCIAL
KONSOLIDASIAN INTERIM (Lanjutan)                                        STATEMENTS INTERIM ( Continued)
Tanggal 30 September 2024 (Tidak Diaudit)                               As of September 30, 2024 (Unaudited)
dan 31 Desember 2023 (Diaudit)                                              and December 31, 2023 (Audited)
Serta untuk Periode Sembilan Bulan yang Berakhir        And for the Nine-Months Period and for the Period then
pada Tanggal 30 September 2024 dan 2023                                  Ended September 30, 2024 and 2023
(Tidak Diaudit)                                                                                    (Unaudited)
(Disajikan dalam Rupiah Penuh,                                           (Expressed in Full Amount of Rupiah,
kecuali Dinyatakan Lain)                                                             unless Otherwise Stated)

    Penentuan apakah suatu perjanjian mengandung            Determining whether an arrangement is or
    unsur sewa membutuhkan pertimbangan yang                contains a lease requires careful judgement to
    cermat untuk menilai apakah perjanjian tersebut         assess whether the arrangement conveys a right to
    memberikan hak untuk mendapatkan secara                 obtain substantially all the economic benefits from
    subtansial seluruh manfaat ekonomi dari                 use of the asset throughout the period of use and
    penggunaan aset identifikasian dan hak untuk            right to direct the use of the asset, even if the right
    mengarahkan penggunaan aset identifikasian,             is not explicitly specified in the arrangement. In
    bahkan jika hak tersebut tidak dijabarkan secara        determining the lease term, the Group considers all
    eksplisit di perjanjian. Dalam menentukan jangka        facts and circumstances that create an economic
    waktu sewa, Grup mempertimbangkan semua                 incentive to exercise an extension option, or not
    fakta dan keadaan yang menimbulkan insentif             exercise a termination option. Extension options
    ekonomi untuk menggunakan opsi perpanjangan,            (or periods after termination options) are only
    atau tidak menggunakan opsi penghentian. Opsi           included in the lease term if the lease is reasonably
    perpanjangan (atau periode setelah opsi                 certain to be extended (or not terminated).
    penghentian kontrak kerja) hanya termasuk dalam
    jangka waktu sewa jika cukup pasti akan
    diperpanjang (atau tidak dihentikan).

    Karena Grup tidak dapat langsung menentukan             Since the Group could not readily determine the
    suku bunga implisit, manajemen menggunakan              implicit rate, management use the Company's
    suku bunga yang ditetapkan Perusahaan sebagai           incremental borrowing rate as a discount rate.
    tingkat diskonto. Ada beberapa faktor yang perlu        There are a number factors to consider in
    dipertimbangkan dalam menentukan suku bunga,            determining an incremental borrowing rate, many
    yang     banyak di      antaranya   memerlukan          of which need judgement in order to be able to
    pertimbangan untuk dapat secara andal mengukur          reliably quantify any necessary adjustments to
    penyesuaian yang diperlukan untuk mencapai              arrive at the final discount rates.
    tingkat diskonto akhir.

    Dalam      menentukan     suku     bunga,   Grup        In determining incremental borrowing rate, the
    mempertimbangkan faktor-faktor utama berikut:           Group considers the following main factors: the
    risiko kredit korporat Grup , jangka waktu sewa,        Group corporate credit risk, the lease term, the
    jangka waktu pembayaran sewa, lingkungan                lease payment term, the economic environment,
    ekonomi, waktu di mana sewa dimulai, dan mata           the time at which the lease is entered into, and the
    uang di mana pembayaran sewa ditentukan.                currency in which the lease payments are
                                                            denominated.

    Cadangan Kerugian Penurunan Nilai Piutang               Allowance for Impairment         Losses of Trade
    Usaha                                                   Receivables

    Grup mengevaluasi akun tertentu jika terdapat           The Group evaluates specific accounts where it
    informasi bahwa pelanggan yang bersangkutan             has information that certain customers are unable
    tidak dapat memenuhi kewajiban keuangannya.             to meet their financial obligations. In those cases,
    Dalam hal tersebut, Grup mempertimbangkan,              the Group uses judgment, based on the best
    berdasarkan fakta dan situasi yang tersedia,            available facts and circumstances, including but
    termasuk namun tidak terbatas pada, jangka              not limited to, the length of its relationship with the
    waktu hubungan dengan pelanggan dan status              customer and the customer’s current credit status
    kredit dari pelanggan berdasarkan catatan kredit        based on third party credit reports and known
    dari pihak ketiga dan faktor pasar yang telah           market factors, to record specific provisions for
    diketahui, untuk mencatat provisi spesifik atas         customers against amounts due to reduce its
    jumlah piutang pelanggan guna mengurangi                receivable amounts that the Group expects to
    jumlah piutang yang diharapkan dapat diterima           collect.
    oleh Perusahaan.


                                                   - 38 -
Page 43
PT INDO AMERICAN SEAFOODS Tbk                                             PT INDO AMERICAN SEAFOODS Tbk
DAN ENTITAS ANAK                                                                         AND ITS SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN                                     NOTES TO THE CONSOLIDATED FINANCIAL
KONSOLIDASIAN INTERIM (Lanjutan)                                           STATEMENTS INTERIM ( Continued)
Tanggal 30 September 2024 (Tidak Diaudit)                                  As of September 30, 2024 (Unaudited)
dan 31 Desember 2023 (Diaudit)                                                 and December 31, 2023 (Audited)
Serta untuk Periode Sembilan Bulan yang Berakhir           And for the Nine-Months Period and for the Period then
pada Tanggal 30 September 2024 dan 2023                                     Ended September 30, 2024 and 2023
(Tidak Diaudit)                                                                                       (Unaudited)
(Disajikan dalam Rupiah Penuh,                                              (Expressed in Full Amount of Rupiah,
kecuali Dinyatakan Lain)                                                                unless Otherwise Stated)

    Provisi spesifik ini dievaluasi kembali dan                These specific provisions are re- evaluated and
    disesuaikan jika tambahan informasi yang diterima          adjusted if additional information received affects
    memengaruhi       jumlah   cadangan     kerugian           the amounts of allowance for impairment losses of
    penurunan nilai piutang usaha. Penjelasan lebih            trade receivables. Further details are disclosed in
    lanjut diungkapkan dalam Catatan 5 atas laporan            Note 5 to the financial statements.
    keuangan.

    Imbalan Pascakerja                                         Post-Employeement Benefits

    Nilai kini liabilitas imbalan pasti tergantung pada        The present value of post-employment liabilities
    sejumlah faktor yang ditentukan berdasarkan                depends on several factors determined on the
    basis aktuarial dengan menggunakan sejumlah                actuarial basis based on several assumptions. The
    asumsi. Asumsi yang digunakan dalam                        assumptions used to determine the net cost of
    menentukan biaya untuk imbalan pascakerja                  post-employment benefits include the discount
    termasuk tingkat diskonto dan kenaikan gaji                rate, the rate of salary increase, and the rate of
    dimasa datang. Setiap perubahan dalam asumsi               return on investment. Changes in these
    ini akan berdampak pada nilai tercatat atas                assumptions will affect the carrying amount of the
    kewajiban imbalan pensiun.                                 post-employment benefits liability.
    Grup menentukan tingkat diskonto dan tingkat               The Group determine the discount rate and rate of
    kenaikan gaji dimasa datang yang sesuai pada               salary increase in future in accordance at the end
    akhir periode pelaporan. Dalam menentukan                  of the reporting period. In determining the
    tingkat suku bunga yang sesuai, Grup                       appropriate interest rate, the Group considers the
    mempertimbangkan tingkat suku bunga obligasi               interest rates on the government bonds
    pemerintah yang didenominasikan dalam mata                 denominated in Rupiah, the currency in which the
    uang dimana imbalan akan dibayar dan memiliki              benefits are paid, and which has a period similar to
    jangka waktu yang serupa dengan jangka waktu               the corresponding post-employment benefit
    liabilitas terkait. Dalam menentukan tingkat               period. In determining future salary increasing rate,
    kenaikan gaji masa datang, Grup mengumpulkan               the Group collect historical data regarding net
    data historis mengenai perubahan gaji dasar                basis employee salary and adjusts future business
    pekerja dan menyesuaikan dengan perencanaan                plans.
    bisnis masa mendatang.

    Taksiran Masa Manfaat Ekonomis Aset Tetap                  Estimated Useful Lives of Fixed Assets

    Berdasarkan PSAK 216, masa manfaat setiap aset             Based on PSAK 216, The useful life of each of the
    tetap Grup ditentukan berdasarkan kegunaan                 item of the Group fixed assets is estimated based
    yang diharapkan dari penggunaan aset tersebut.             on the period over which the asset is expected to
    Estimasi ini ditentukan berdasarkan evaluasi               be used. Such estimation is based on internal
    teknis internal dan pengalaman atas aset sejenis.          evaluation and experience with similar assets. The
    Masa manfaat setiap aset direviu secara periodik           estimated useful life of each asset is reviewed
    dan disesuaikan apabila perkiraan berbeda                  periodically and updated if expectations differ from
    dengan estimasi sebelumnya karena keausan,                 previous estimates due to physical wear and tear,
    keusangan teknis dan komersial, hukum atau                 technical or commercial obsolescence and legal or
    keterbatasan lainnya atas pemakaian aset.                  other limits on the use of the asset. It is possible,
    Namun terdapat kemungkinan bahwa hasil                     however, that future results of operations could be
    operasi dimasa mendatang dapat dipengaruhi                 materially affected by changes in the amounts and
    secara signifikan oleh perubahan atas jumlah serta         timing of recorded expenses brought about by
    periode pencatatan beban yang diakibatkan                  changes in the factors mentioned above.
    karena perubahan faktor yang disebutkan di atas.




                                                      - 39 -
Page 44
PT INDO AMERICAN SEAFOODS Tbk                                              PT INDO AMERICAN SEAFOODS Tbk
DAN ENTITAS ANAK                                                                          AND ITS SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN                                      NOTES TO THE CONSOLIDATED FINANCIAL
KONSOLIDASIAN INTERIM (Lanjutan)                                            STATEMENTS INTERIM ( Continued)
Tanggal 30 September 2024 (Tidak Diaudit)                                   As of September 30, 2024 (Unaudited)
dan 31 Desember 2023 (Diaudit)                                                  and December 31, 2023 (Audited)
Serta untuk Periode Sembilan Bulan yang Berakhir            And for the Nine-Months Period and for the Period then
pada Tanggal 30 September 2024 dan 2023                                      Ended September 30, 2024 and 2023
(Tidak Diaudit)                                                                                        (Unaudited)
(Disajikan dalam Rupiah Penuh,                                               (Expressed in Full Amount of Rupiah,
kecuali Dinyatakan Lain)                                                                 unless Otherwise Stated)

     Perubahan masa manfaat aset tetap dapat                    A change in the estimated useful life of any item of
     mempengaruhi jumlah beban penyusutan yang                  fixed assets would affect the recorded depreciation
     diakui dan penurunan nilai tercatat aset tetap.            expense and decrease their carrying amount.

     Nilai tercatat aset tetap diungkapkan dalam                The carrying amounts of fixed assets are disclosed
     Catatan 10.                                                in Note 10.


4.   KAS DAN SETARA KAS                                      4. CASH AND CASH EQUIVALENTS
                                    30 September 2024/       31 Desember 2023/
                                    September 30, 2024       December 31, 2023
     Kas                                    335.077.719             161.861.934    Cash on Hand
     Bank                                                                          Cash in Banks
     Rupiah                                                                        Rupiah
     Bank Negara Indonesia                8.199.564.450                1.432.417   Bank Negara Indonesia
     Bank Rakyat Indonesia                  609.796.408                  794.277   Bank Rakyat Indonesia
     Bank BTPN                               66.881.167               42.918.157   Bank BTPN
     Bank Mandiri                            27.126.654               10.507.249   Bank Mandiri
     Bank Jtrust Indonesia                    4.875.146                5.823.220   Bank Jtrust Indonesia
     Bank Mega Syariah                        1.070.738                2.669.146   Bank Mega Syariah
     Sub Jumlah                           8.909.314.563               64.144.466   Sub Total
     Dolar Amerika Serikat                                                         US Dollar
     Bank BTPN                            3.897.679.654            2.027.642.112   Bank BTPN
     Bank Mandiri                            16.002.502               27.940.109   Bank Mandiri
     Bank Mega Syariah                       10.756.609               18.190.880   Bank Mega Syariah
     Bank Negara Indonesia                    8.592.469                8.054.849   Bank Negara Indonesia
     Bank Jtrust Indonesia                    8.142.872                9.044.094   Bank Jtrust Indonesia
     Bank Rakyat Indonesia                    1.822.011                3.242.911   Bank Mega Syariah
     Sub Jumlah                           3.942.996.117            2.094.114.955   Sub Total

     Deposito Berjangka                                                            Time Deposit
     Deposito Berjangka                                 -           250.000.000    Time Deposi
     Sub Jumlah                                         -           250.000.000    Sub Total
     Jumlah                               3.942.996.117            2.570.121.355   Total
     Tingkat Bunga Deposito                                                        Interest Rate Time
     Berjangka Per tahun                                -                    3%    Deposite Per annum
     Jangka Waktu Deposito                                                         Period of Time
     Berjangka                                          -          1 Tahun/ Year   Deposits

     Seluruh saldo bank ditempatkan pada pihak ketiga           All cash in banks are placed with third parties and
     dan tidak dijaminkan.                                      not used as collateral..




                                                    - 40 -
Page 45
PT INDO AMERICAN SEAFOODS Tbk                                            PT INDO AMERICAN SEAFOODS Tbk
DAN ENTITAS ANAK                                                                        AND ITS SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN                                    NOTES TO THE CONSOLIDATED FINANCIAL
KONSOLIDASIAN INTERIM (Lanjutan)                                          STATEMENTS INTERIM ( Continued)
Tanggal 30 September 2024 (Tidak Diaudit)                                 As of September 30, 2024 (Unaudited)
dan 31 Desember 2023 (Diaudit)                                                and December 31, 2023 (Audited)
Serta untuk Periode Sembilan Bulan yang Berakhir          And for the Nine-Months Period and for the Period then
pada Tanggal 30 September 2024 dan 2023                                    Ended September 30, 2024 and 2023
(Tidak Diaudit)                                                                                      (Unaudited)
(Disajikan dalam Rupiah Penuh,                                             (Expressed in Full Amount of Rupiah,
kecuali Dinyatakan Lain)                                                               unless Otherwise Stated)

5.   PIUTANG USAHA                                            5. TRADE ACCOUNTS RECEIVABLE

                                   30 September 2024/          31 Desember 2023/
                                   September 30, 2024          December 31, 2023
     Pihak Berelasi (Catatan 34)                                                      Related Party (Note 34)
     Rupiah                                                                           Rupiah
     CV Kanian Persada                    339.894.481                 211.054.410     CV Kanian Persada
     Sub Jumlah                           339.894.481                 211.054.410     Sub Total

     Pihak Ketiga                                                                     Third Parties
     Rupiah                                                                           Rupiah
     Bapak Iwan                            42.280.000                 108.320.000     Mr. Iwan
     Deska / WMM Es                        15.120.000                  49.140.000     Deska / WMM Es
     PT Maju Tambak Sumur                           -                  48.300.000     PT Maju Tambak Sumur
     Lain-lain (masing-masing                                                         Others (each below
     di bawah Rp 10.000.000)               28.090.777                    1.480.185    Rp 10,000,000)
     Sub Jumlah                            85.490.777                 158.100.185     Sub Total
     Dollar Amerika Serikat                                                           US Dollar
     Censea Inc.                        23.756.388.656               8.062.429.256    Censea Inc.
     Nissui Corporation                  4.404.451.409                           -    Nissui Corporation
     Slade Gorton,,Inc                   3.523.030.954                           -    Slade Gorton,,Inc
     Hohsui Corporation                  2.725.814.422                 890.274.000    Hohsui Corporation
     H & T Seafoods Inc                  1.981.564.200                           -    H & T Seafoods Inc
     Eastern Fish Company LLC            1.353.639.940               1.661.844.801    Eastern Fish Company LLC
     Kyo Kuyo Co., Ltd.                  1.589.028.594               4.226.586.219    Kyo Kuyo Co., Ltd.
     Crystal Cove Seafoods Corp.                     -               3.270.427.320    Crystal Cove Seafoods Corp.
     San Sugar Co., Ltd.                             -               2.028.899.760    San Sugar Co., Ltd.
     Yachiyo Co.                                     -                 624.270.920    Yachiyo Co.
     Eiger Co., Ltd.                                 -                 550.050.588    Eiger Co., Ltd.
     Lain-lain (masing-masing                                                         Others (each below
     di bawah Rp 40.000.000)                         -                 21.427.997     Rp 40,000,000)
     Sub Jumlah                         39.333.918.175              21.385.350.861    Sub Total
     Jumlah                             39.759.303.433              21.754.505.456    Total
     Cadangan Kerugian                                                                Allowance for Impairment
     Penurunan Nilai                    (1.562.430.934)             (1.562.430.934)   Losses
     Jumlah Bersih                      38.196.872.499              20.192.074.522    Total - Net




                                                     - 41 -
Page 46
PT INDO AMERICAN SEAFOODS Tbk                                           PT INDO AMERICAN SEAFOODS Tbk
DAN ENTITAS ANAK                                                                       AND ITS SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN                                   NOTES TO THE CONSOLIDATED FINANCIAL
KONSOLIDASIAN INTERIM (Lanjutan)                                         STATEMENTS INTERIM ( Continued)
Tanggal 30 September 2024 (Tidak Diaudit)                                As of September 30, 2024 (Unaudited)
dan 31 Desember 2023 (Diaudit)                                               and December 31, 2023 (Audited)
Serta untuk Periode Sembilan Bulan yang Berakhir         And for the Nine-Months Period and for the Period then
pada Tanggal 30 September 2024 dan 2023                                   Ended September 30, 2024 and 2023
(Tidak Diaudit)                                                                                     (Unaudited)
(Disajikan dalam Rupiah Penuh,                                            (Expressed in Full Amount of Rupiah,
kecuali Dinyatakan Lain)                                                              unless Otherwise Stated)

     Analisa umur piutang usaha berdasarkan tanggal            The aging analysis of trade receivables based on
     jatuh tempo adalah sebagai berikut:                       due date are as follows:

                                  30 September 2024/         31 Desember 2023/
                                  September 30, 2024         December 31, 2023
    Belum Jatuh Tempo                  39.695.393.769              7.594.953.472 Not yet due
    Jatuh Tempo:                                                                 Past due:
      1 - 30 hari                          63.909.664              4.820.081.542  1 - 30 days
      31 - 60 hari                                  -              9.128.416.032  31 - 60 days
      61 - 90 hari                                  -                211.054.410  61 - 90 days
      ≥ 90 hari                                     -                          -  ≥ 90 days
    Jumlah                             39.759.303.433             21.754.505.456 Total

    Cadangan Kerugian Penurunan                                                  Allowance for Impairment
    Nilai                              (1.562.430.934)           (1.562.430.934) Losses
    Jumlah Bersih                      38.196.872.499             20.192.074.522 Total – Net

    Mutasi Cadangan                                                              Mutation of Allowance
    Penurunan Nilai:                                                             for Impairment Losses:
    Saldo Awal                         (1.562.430.934)           (1.136.008.818) Beginning Balance
    Penambahan Pencadangan                           -             (426.422.116) Additional Reserves
    Jumlah                             (1.562.430.934)           (1.562.430.934) Total

     Piutang usaha sebesar Rp 35.000.000.000 dan                Trade       receivables         amounted         to
     Rp 17.000.000.000 dijadikan sebagai jaminan                Rp 35,000,000,000 and Rp 17,000,000,000 are
     atas utang bank kepada Bank Jtrust Indonesia               used as collateral for the bank loan to Bank Jtrust
     dan Bank Mandiri (Catatan 19).                             Indonesia and Bank Mandiri (Note 19).

     Grup membentuk cadangan kerugian penurunan                 The Group establishes an allowance for
     nilai berdasarkan kerugian kredit ekspektasian             impairment losses based on expected credit
     dengan menelaah kolektibilitas saldo piutang               losses by collectively reviewing the collectibility of
     secara kolektif dan mempertimbangkan informasi             receivable balances and considering relevant
     makro ekonomi yang berorientasi ke masa depan              forward-looking macro economic information.
     dan relevan.

     Berdasarkan hasil penelaahan keadaan piutang               Based on the review of the status of receivables
     masing-masing pelanggan pada akhir periode                 from each customer at the end of the reporting
     pelaporan, manajemen berkeyakinan bahwa                    period, management believes that the allowance
     cadangan kerugian penurunan nilai telah                    for impairment losses is adequate to cover
     memadai untuk menutup kemungkinan kerugian                 possible    losses  on     uncollectible   trade
     atas tidak tertagihnya piutang usaha.                      receivables.

     Apabila ada pembayaran atas piutang yang telah             If there is a payment for an impaired receivable,
     dilakukan penurunan nilai, dilakukan pemulihan             it is recovered and recorded as other income.
     dan dicatat sebagai pendapatan lain-lain.




                                                    - 42 -
Page 47
PT INDO AMERICAN SEAFOODS Tbk                                               PT INDO AMERICAN SEAFOODS Tbk
DAN ENTITAS ANAK                                                                           AND ITS SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN                                       NOTES TO THE CONSOLIDATED FINANCIAL
KONSOLIDASIAN INTERIM (Lanjutan)                                             STATEMENTS INTERIM ( Continued)
Tanggal 30 September 2024 (Tidak Diaudit)                                    As of September 30, 2024 (Unaudited)
dan 31 Desember 2023 (Diaudit)                                                   and December 31, 2023 (Audited)
Serta untuk Periode Sembilan Bulan yang Berakhir             And for the Nine-Months Period and for the Period then
pada Tanggal 30 September 2024 dan 2023                                       Ended September 30, 2024 and 2023
(Tidak Diaudit)                                                                                         (Unaudited)
(Disajikan dalam Rupiah Penuh,                                                (Expressed in Full Amount of Rupiah,
kecuali Dinyatakan Lain)                                                                  unless Otherwise Stated)

6.   PIUTANG LAIN-LAIN                                       6. OTHER RECEIVABLES

                                    30 September 2024/         31 Desember 2023/
                                    September 30, 2024         December 31, 2023
     Jangka Pendek                                                                   Short-Term
     Pihak Ketiga                                                                    Third Parties
     Tambak Udang Baba Rafi                 549.732.399                549.732.399 Tambak Udang Baba Rafi
     Sub Jumlah                             549.732.399                549.732.399 Sub Total

     Cadangan Kerugian                                                              Allowance for Impairment
     Penurunan Nilai                        (39.098.295)               (39.098.295) Losses
     Jumlah Bersih- Pihak Ketiga            510.634.104                510.634.104 Total – Net Thrid Parties

     Jangka Panjang                                                                  Long -Term
     Pihak Berelasi                                                                  Related Parties
     PT Indokom Citra Persada                            -           6.000.000.000   PT Indokom Citra Persada
     CV Kanian Persada                                   -             512.207.423   CV Kanian Persada
     PT Indokom Global Investama                         -             500.000.000   PT Indokom Global Investama
     PT Indokom Global Persada                           -              10.500.000   PT Indokom Global Persada
     Jumlah Bersih                                       -           7.022.707.423 Sub Total
     Berdasarkan Surat Perjanjian Utang-Piutang                  Based on the Debt and Receivables Agreement
     tanggal 2 Januari 2018 Nomor 07/PFP/ISP-                    Letter dated January 1, 2018 Number
     ICP/I/2018 Perusahaan memberikan fasilitas                  07/PFP/ISP-ICP/I/2018. The Company provides
     pinjaman      dana      sebesar     sebesarnya              obtained a loan facility of up to Rp 10,000,000,000
     Rp 10.000.000.000 kepada PT Indokom Citra                   to PT Indokom Citra Persada which was used for
     Persada yang digunakan untuk pengembangan                   the development of business and subject to 5%
     usaha serta dikenakan bunga 5% yang akan di                 interest to be paid on the completion of the
     bayarkan pada penyelesaian perjanjian dan                   agreement and with a period of 120 months. This
     dengan jangka waktu 120 bulan. Fasilitas ini                facility have been fully paid on May 28, 2024
     sudah dilunasi pada tanggal 28 Mei 2024.

     Berdasarkan Surat Perjanjian Utang-Piutang                  Based on the Debt and Receivables Agreement
     tanggal 1 Desember 2020 Nomor 59/PFP/IAS-                   Letter dated December 1, 2020 Number
     KP/XII/2020       Perusahaan       memberikan               59/PFP/IAS-KP/XII/2020. the Company provides
     fasiltas pinjaman dana sebesar-sebesarnya                   obtained a loan facility of up to Rp 1,000,000,000
     Rp 1.000.000.000 kepada CV Kanian Persada                   to CV Kanian Persada which was used for the
     yang digunakan untuk pengembangan usaha                     development of the Company's business not
     Perusahaan tidak dikenakan bunga dan dengan                 interest within 120 months. This facility have been
     jangka waktu 120 bulan. Fasilitas ini sudah                 fully paid on May 28, 2024
     dilunasi pada tanggal 28 Mei 2024.

     Berdasarkan Surat Perjanjian Utang-Piutang                  Based on the Debt and Receivables Agreement
     tertanggal    6   Juni   2018     Nomor  08/                Letter dated June 6, 2018 Number 08/
     PFP/ISP-IGI/VI/2018 Perusahaan memberikan                   PFP/ISP-IGI/VI/2018. The Company provides
     fasiltas pinjaman dana sebesar sebesarnya                   obtained a loan facility of up to Rp 1,000,000,000
     Rp 1.000.000.000 kepada PT Indokom Global                   to PT Indokom Global Investama which was used
     Investama yang digunakan untuk pengembangan                 for the development of business and subject to 5%
     usaha serta dikenakan bunga 5% yang akan                    interest to be paid on the completion of the
     dibayarkan pada penyelesaian perjanjian dan                 agreement and with a period of 120 months. This
     dengan jangka waktu 120 bulan. Fasilitas ini                facility have been fully paid on May 28, 2024
     sudah dilunasi pada tanggal 28 Mei 2024.




                                                    - 43 -
Page 48
PT INDO AMERICAN SEAFOODS Tbk                                            PT INDO AMERICAN SEAFOODS Tbk
DAN ENTITAS ANAK                                                                        AND ITS SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN                                    NOTES TO THE CONSOLIDATED FINANCIAL
KONSOLIDASIAN INTERIM (Lanjutan)                                          STATEMENTS INTERIM ( Continued)
Tanggal 30 September 2024 (Tidak Diaudit)                                 As of September 30, 2024 (Unaudited)
dan 31 Desember 2023 (Diaudit)                                                and December 31, 2023 (Audited)
Serta untuk Periode Sembilan Bulan yang Berakhir          And for the Nine-Months Period and for the Period then
pada Tanggal 30 September 2024 dan 2023                                    Ended September 30, 2024 and 2023
(Tidak Diaudit)                                                                                      (Unaudited)
(Disajikan dalam Rupiah Penuh,                                             (Expressed in Full Amount of Rupiah,
kecuali Dinyatakan Lain)                                                               unless Otherwise Stated)

     Berdasarkan Surat Perjanjian Utang-Piutang               Based on the Debt and Receivables Agreement
     tertanggal 8 Agustus 2018 Nomor 08/PFP/                  Letter dated August 8, 2018 Number 08/PFP/
     ISP-IGP/VIII/2018    Perusahaan     memberikan           ISP-IGP/VIII/2018. The Company provides
     fasiltas pinjaman dana sebesar sebesarnya                obtained a loan facility of up to Rp 10,000,000 to
     Rp 10.000.000 kepada PT Indokom Global                   PT Indokom Global Persada which was used for
     Persada yang digunakan untuk pengembangan                the development of business and subject to 5%
     usaha serta dikenakan bunga 5% yang akan                 interest to be paid on the completion of the
     dibayarkan pada penyelesaian perjanjian dan              agreement and with a period of 120 months. This
     dengan jangka waktu 120 bulan. Fasilitas ini             facility have been fully paid on May 28, 2024
     sudah dilunasi pada tanggal 28 Mei 2024.

     Berdasarkan Surat Perjanjian Utang-Piutang               Based on the Debt and Receivables Agreement
     tanggal 2 Januari 2018 Nomor 04/PFP/IAS-                 Letter dated January 2, 2018 Number 04/PFP/IAS-
     IMPD/I/2018 Perusahaan memberikan fasiltas               IMPD/I/2018. the Company provides a loan facility
     pinjaman     dana    sebesar     sebesarnya              of up to Rp 2,000,000,000 to PT Irian Marine
     Rp 2.000.000.000 kepada PT Irian Marine                  Product Development which was used for the
     Product Development yang digunakan untuk                 development of the Company's business not
     pengembangan     usaha   Perusahaan    tidak             interest within 120 months.
     dikenakan bunga dan dengan jangka waktu 120
     bulan.

7.   PERSEDIAAN                                             7. INVENTORIES

                                    30 September 2024/       31 Desember 2023/
                                    September 30, 2024       December 31, 2023
     Udang                              218.415.919.461         186.576.651.865   Shrimp
     Bahan Pembantu                      37.136.960.542          27.252.363.563   Supplementary Materials
     Breaded                              6.129.938.497           3.808.188.569   Breaded
     Bahan Bakar                            419.841.217             434.192.365   Fuels
     Jumlah                             262.102.659.717         218.071.396.362 Total

     Persediaan udang merupakan udang tanpa kulit             Shrimp is without peeled skin and head. Materials
     dan kepala yang sudah dikupas. Bahan dalam               In Process is shrimp in the ponds. Breaded which
     proses merupakan udang yang berada ditambak.             is shrimp that has been processed. Suplementary
     Breaded yaitu udang yang sudah diolah.                   Materials Inventory is packing, employee uniforms
     Persediaan Bahan Pembantu merupakan                      and other complementary materials. Fuels
     packing, seragam karyawan dan bahan                      Inventory is solar.
     pelengkap lainnya. Persediaan Bahan Bakar
     merupakan solar.

     Persediaan     Grup    diasuransikan     pada            The group's inventory is insured by PT Asuransi
     PT Asuransi Sinar Mas terhadap terhadap risiko           Sinar Mas, against the risk of fire, damage, theft
     kebakaran, kerusakan, pencurian, dan risiko              and other risks with a coverage amount of Rp
     lainnya dengan jumlah pertanggungan sebesar              115,000,000,000, on September 30, 2024 and
     Rp 115.000.000.000, pada tanggal 30 September            December 31.
     2024 dan 31 Desember 2023.




                                                   - 44 -
Page 49
PT INDO AMERICAN SEAFOODS Tbk                                              PT INDO AMERICAN SEAFOODS Tbk
DAN ENTITAS ANAK                                                                          AND ITS SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN                                      NOTES TO THE CONSOLIDATED FINANCIAL
KONSOLIDASIAN INTERIM (Lanjutan)                                            STATEMENTS INTERIM ( Continued)
Tanggal 30 September 2024 (Tidak Diaudit)                                   As of September 30, 2024 (Unaudited)
dan 31 Desember 2023 (Diaudit)                                                  and December 31, 2023 (Audited)
Serta untuk Periode Sembilan Bulan yang Berakhir            And for the Nine-Months Period and for the Period then
pada Tanggal 30 September 2024 dan 2023                                      Ended September 30, 2024 and 2023
(Tidak Diaudit)                                                                                        (Unaudited)
(Disajikan dalam Rupiah Penuh,                                               (Expressed in Full Amount of Rupiah,
kecuali Dinyatakan Lain)                                                                 unless Otherwise Stated)

     Persediaan      barang      jadi     sebesar               Finished goods inventory up to an amount of
     Rp 115.000.000.000 dijadikan sebagai jaminan               Rp 115,000,000,000 are used as collateral for bank
     atas pinjaman utang bank kepada Bank Jtrust                loan to Bank Jtrust Indonesia and Bank Mandiri
     Indonesia dan Bank Mandiri Indonesia                       Indonesia (Note 18).
     (Catatan 18).

     Berdasarkan hasil penelaahan terhadap kondisi              Based on the review of the physical condition of the
     fisik persediaan pada akhir tahun, manajemen               inventories at the end of the year, the Company’s
     Perusahaan berpendapat bahwa persediaan                    management is of the opinion that inventories are
     telah mencerminkan nilai realisasi netonya,                realizable at the above amounts and no provision
     sehingga tidak perlu dilakukan penyisihan atas             for inventories losses is necessary.
     persediaan tersebut.

     Perincian persediaan yang diakui sebagai beban             Detail of inventories recognized in the current
     periode berjalan:                                          expense are:

                                     30 September 2024/        31 Desember 2023/
                                     September 30, 2024        December 31, 2023
      Udang (Catatan 23)                   65.001.070.749          23.253.642.353 Shrimp (Note 23)
      Bahan Pembantu (Catatan 23)           4.033.718.739           7.340.890.807 Supplementary Materials (Note 23)
      Breaded (Catatan 23)                  8.387.465.544          66.469.168.733 Breaded (Note 23)
      Jumlah                               77.422.255.033          97.063.701.893 Total


8.   ASET BIOLOGIS                                            8. BIOLOGICAL ASSETS

                                     30 September 2024/        31 Desember 2023/
                                     September 30, 2024        December 31, 2023
     Saldo Awal                             2.415.719.386             651.253.829 Beginning Balance
     Penambahan Selama                                                            Additions during the
     Tahun Berjalan                                                               Year
       Kenaikan karena                                                             Increase due to shrimp
       Pembelian Benur                      1.270.147.500           1.540.434.000  Fry Puchase
       Pemeliharaan Benur                   8.652.677.651          11.468.173.991  Fry Seeds
     Pengurangan selama                                                            Deducations during
     Tahun berjalan                                                                The year Decrease due
     Penurunan karena panen               (8.848.736.633)         (11.244.142.434) To harvest
     Saldo Akhir                            3.489.807.904           2.415.719.386 Ending Balance

     Berikut rincian pengelompokan aset biologis:                 The following details the grouping of biological
                                                                  assets:

                                     30 September 2024/        31 Desember 2023/
                                     September 30, 2024        December 31, 2023
     Pemeliharaan Benur                     8.652.677.651          11.468.173.991 Fry Seeds
     Pembelian Benur                        1.270.147.500           1.540.434.000 Fry Purchase
     Saldo Akhir                            9.922.825.151          13.008.607.991 Ending Balance




                                                     - 45 -
Page 50
PT INDO AMERICAN SEAFOODS Tbk                                             PT INDO AMERICAN SEAFOODS Tbk
DAN ENTITAS ANAK                                                                         AND ITS SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN                                     NOTES TO THE CONSOLIDATED FINANCIAL
KONSOLIDASIAN INTERIM (Lanjutan)                                           STATEMENTS INTERIM ( Continued)
Tanggal 30 September 2024 (Tidak Diaudit)                                  As of September 30, 2024 (Unaudited)
dan 31 Desember 2023 (Diaudit)                                                 and December 31, 2023 (Audited)
Serta untuk Periode Sembilan Bulan yang Berakhir           And for the Nine-Months Period and for the Period then
pada Tanggal 30 September 2024 dan 2023                                     Ended September 30, 2024 and 2023
(Tidak Diaudit)                                                                                       (Unaudited)
(Disajikan dalam Rupiah Penuh,                                              (Expressed in Full Amount of Rupiah,
kecuali Dinyatakan Lain)                                                                unless Otherwise Stated)

     Nilai wajar aset biologis                                 Fair value of biological assets
     Nilai wajar dari benih udang ditentukan dengan            The fair value of, shrimp seeds is stermined using
     menggunakan        pendekatan    pasar     yang           market approach by applying the estimated volume
     menerapkan perkiraan volume produk dengan                 of the product to the estimated market price
     perkiraan harga pasar yang berlaku pada tanggal           applicable at the reporting date.
     pelaporan.
     Berdasarkan hasil penelaahan terhadap kondisi             Based on the review of the physical condition of the
     fisik aset biologis pada akhir tahun, manajemen           biological assets at the end of the year, the
     Perusahaan berpendapat bahwa aset biologis                Company’s management is of the opinion that
     telah mencerminkan nilai realisasi netonya,               biological assets are realizable at the above
     sehingga tidak perlu dilakukan penyisihan atas            amounts and no provision for biological assets
     aset biologis tersebut.                                   losses is necessary.

9.   UANG MUKA DAN BIAYA DIBAYAR DIMUKA                      9. ADVANCES AND PREPAID EXPENSES
                                    30 September 2024/        31 Desember 2023/
                                    September 30, 2024        December 31, 2023
     Uang Muka Jasa Profesional                                                  Advance Professional Fees
     Penawaran Umum                                                              Initial Public
     Perdana Saham                                     -             799.973.228 Offering (‘’IPO’’)
     Jasa Profesional Lainnya                          -              97.500.000 Other Professional Fees
     Sub Jumlah                                        -             897.473.228 Sub Total
     Uang Muka Pembelian                                                            Advances Purchase
     Bahan Baku                                                                     Raw Materials
     Pembelian Bahan Baku                  1.168.062.259                          - Purchase of Raw Materials
     Sub Jumlah                            1.168.062.259                          - Sub Total
     Biaya Dibayar Dimuka                                                        Prepaid Expenses
     Asuransi                               320.620.595              206.973.825 Insurance
     Sub Jumlah                             320.620.595              206.973.825 Sub Total
     Jumlah                                1.488.682.854           1.104.447.053 Total

     Uang muka jasa profesional pada 31 Desember               Advances Professional Fees on December 31,
     2023 merupakan jasa konsultan yang dibayarkan             2023 represent consulting services paid in
     terkait biaya emisi Penawaran Umum Perdana                connection with the issuance costs of the
     Saham Perusahaan.                                         Company's Initial Public Offering.

     Uang muka jasa profesional lainnya pada tahun             Advance other professional fee in 2023, is an
     2023 merupakan uang muka atas konsultan                   advance payment for financial consultant services.
     keuangan.
     Uang muka pembelian adalah uang muka yang                 Purchase for advances is a the purchase of to raw
     digunakan untuk pembelian bahan baku berupa               materials in the form of auxiliary materials, breaded
     bahan pembantu, Breaded dan bahan bakar.                  and fuel
     Uang muka renovasi merupakan uang muka atas               Renovation down payment is a down payment on
     renovasi berupa bangunan.                                 renovation in the form of building.
     Biaya dibayar dimuka asuransi       merupakan             Prepaid insurance represent insurance of buildings
     asuransi bangunan dan mesin.                              dan machineries.


                                                    - 46 -
Page 51
PT INDO AMERICAN SEAFOODS Tbk                                                         PT INDO AMERICAN SEAFOODS Tbk
DAN ENTITAS ANAK                                                                                     AND ITS SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN                                                 NOTES TO THE CONSOLIDATED FINANCIAL
KONSOLIDASIAN INTERIM (Lanjutan)                                                       STATEMENTS INTERIM ( Continued)
Tanggal 30 September 2024 (Tidak Diaudit)                                              As of September 30, 2024 (Unaudited)
dan 31 Desember 2023 (Diaudit)                                                             and December 31, 2023 (Audited)
Serta untuk Periode Sembilan Bulan yang Berakhir                       And for the Nine-Months Period and for the Period then
pada Tanggal 30 September 2024 dan 2023                                                 Ended September 30, 2024 and 2023
(Tidak Diaudit)                                                                                                   (Unaudited)
(Disajikan dalam Rupiah Penuh,                                                          (Expressed in Full Amount of Rupiah,
kecuali Dinyatakan Lain)                                                                            unless Otherwise Stated)

10. ASET TETAP                                                         10. FIXED ASSETS

                                                  30 September 2024 / September 30, 2024
                                 Saldo Awal/                                                Saldo Akhir/
                                  Beginning          Penambahan/         Pengurangan/         Ending
                                   Balance            Additional          Deduction           Balance
     Biaya Perolehan                                                                                          Acquisition Cost
       Tanah                      2.598.340.000                    -                    -    2.598.340.000     Land
       Bangunan                  61.859.264.368                    -                    -   61.859.264.368     Buildings
       Sarana & Prasarana         6.200.217.370                    -                    -    6.200.217.370     Facilities & Infrastructure
       Mesin                     50.083.040.004                    -                    -   50.083.040.004     Machineries
       Kendaraan                 10.092.898.788                    -                    -   10.092.898.788     Vehicles
       Kendaraan alat berat         545.000.000                    -                    -      545.000.000     Heavy vehicles
       Peralatan kantor           1.537.453.801                    -                    -    1.537.453.801     Office equipment
       Instalasi Listrik          1.452.280.000                    -                    -    1.452.280.000     Electrical Installation
       Infrastruktur             11.170.379.447                    -                    -   11.170.379.447     Infrastructure
       Peralatan produksi         1.389.452.351                    -                    -    1.389.452.351     Production equipment
       Sumur bor                    783.001.100                    -                    -      783.001.100     Boreholes well
       Peralatan laboratorium       112.970.000                    -                    -      112.970.000     Laboratory equipment
     Jumlah                     147.824.297.229                    -                    -   147.824.297.229 Total

     Akumulasi                                                                                            Accumulated
     Penyusutan                                                                                           Depreciation
      Bangunan                   18.193.970.286        2.320.446.689                        20.514.416.975 Buildings
      Sarana & Prasarana          3.745.452.370          230.134.219                         3.975.586.589 Facilities & Infrastructure
      Mesin                      27.402.131.620        2.420.321.580                        29.822.453.200 Machineries
      Kendaraan                   9.312.265.262          190.852.480                         9.503.117.742 Vehicles
      Kendaraan alat berat          526.718.750           18.281.250                           545.000.000 Heavy vehicles
      Peralatan kantor            1.460.482.030           27.199.604                         1.487.681.634 Office equipment
      Instalasi Listrik             469.792.000           54.460.500                           524.252.500 Electrical Installation
      Infrastruktur              10.397.886.078          446.610.609                        10.844.496.687 Infrastructure
      Peralatan produksi          1.367.237.044           11.862.224                         1.379.099.268 Production equipment
      Sumur bor                     722.287.207           25.941.572                           748.228.779 Boreholes well
      Peralatan laboratorium        112.970.000                    -                           112.970.000 Laboratory equipment
     Jumlah                      73.711.192.647        5.746.110.727                        79.457.303.374 Total

     Nilai Buku                  74.113.104.582                                             68.366.993.855 Net Book Value


                                                   31 Desember 2023/ December 31, 2023
                                 Saldo Awal/                                                 Saldo Akhir/
                                  Beginning          Penambahan/         Pengurangan/          Ending
                                   Balance            Additional          Deduction            Balance
     Biaya Perolehan                                                                                          Acquisition Cost
       Tanah                      2.598.340.000                    -                    -     2.598.340.000    Land
       Bangunan                  61.859.264.368                    -                    -    61.859.264.368    Buildings
       Sarana & Prasarana         6.200.217.370                    -                    -     6.200.217.370    Facilities & Infrastructure
       Mesin                     50.083.040.004                    -                    -    50.083.040.004    Machineries
       Kendaraan                  9.972.898.788          120.000.000                    -    10.092.898.788    Vehicles
       Kendaraan alat berat         545.000.000                    -                    -       545.000.000    Heavy vehicles
       Peralatan kantor           1.508.338.801           29.115.000                    -     1.537.453.801    Office equipment
       Instalasi Listrik          1.452.280.000                    -                    -     1.452.280.000    Electrical Installation
       Infrastruktur             11.170.379.447                    -                    -    11.170.379.447    Infrastructure
       Peralatan produksi         1.389.452.351                    -                    -     1.389.452.351    Production equipment
       Sumur bor                    783.001.100                    -                    -       783.001.100    Boreholes well
       Peralatan laboratorium       112.970.000                    -                    -       112.970.000    Laboratory equipment
      Sub Jumlah                147.675.182.229          149.115.000                    -   147.824.297.229     Sub Total




                                                                - 47 -
Page 52
PT INDO AMERICAN SEAFOODS Tbk                                                      PT INDO AMERICAN SEAFOODS Tbk
DAN ENTITAS ANAK                                                                                  AND ITS SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN                                              NOTES TO THE CONSOLIDATED FINANCIAL
KONSOLIDASIAN INTERIM (Lanjutan)                                                    STATEMENTS INTERIM ( Continued)
Tanggal 30 September 2024 (Tidak Diaudit)                                           As of September 30, 2024 (Unaudited)
dan 31 Desember 2023 (Diaudit)                                                          and December 31, 2023 (Audited)
Serta untuk Periode Sembilan Bulan yang Berakhir                    And for the Nine-Months Period and for the Period then
pada Tanggal 30 September 2024 dan 2023                                              Ended September 30, 2024 and 2023
(Tidak Diaudit)                                                                                                (Unaudited)
(Disajikan dalam Rupiah Penuh,                                                       (Expressed in Full Amount of Rupiah,
kecuali Dinyatakan Lain)                                                                         unless Otherwise Stated)


                                                31 Desember 2023/ December 31, 2023
                               Saldo Awal/                                               Saldo Akhir/
                                Beginning         Penambahan/         Pengurangan/         Ending
                                 Balance           Additional          Deduction           Balance
     Akumulasi                                                                                         Accumulated
     Penyusutan                                                                                        Depreciation
      Bangunan                 15.100.041.368       3.093.928.918                    -   18.193.970.286 Buildings
      Sarana & Prasarana        3.366.962.620         378.489.750                    -    3.745.452.370 Facilities & Infrastructure
      Mesin                    23.405.292.879       3.996.838.741                    -   27.402.131.620 Machineries
      Kendaraan                 8.126.010.411       1.186.254.851                    -    9.312.265.262 Vehicles
      Kendaraan alat berat        502.343.750          24.375.000                    -      526.718.750 Heavy vehicles
      Peralatan kantor          1.377.087.944          83.394.086                    -    1.460.482.030 Office equipment
      Instalasi Listrik           397.178.000          72.614.000                    -      469.792.000 Electrical Installation
      Infrastruktur             9.073.132.585       1.324.753.493                    -   10.397.886.078 Infrastructure
      Peralatan produksi        1.323.116.933          44.120.111                    -    1.367.237.044 Production equipment
      Sumur bor                   642.760.944          79.526.263                    -      722.287.207 Boreholes well
      Peralatan laboratorium      112.970.000                   -                    -      112.970.000 Laboratory equipment
     Jumlah                    63.426.897.434      10.284.295.213                    -   73.711.192.647 Total
     Nilai Buku                84.248.284.795                                            74.113.104.582 Net Book Value

    Alokasi beban penyusutan adalah sebagai berikut:                    Depreciation is charged as follows:

                                             30 September 2024/       31 Desember 2023/
                                             September 30, 2024       December 31, 2023
    Beban pokok penjualan                                                                      Cost of goods sold
    (Catatan 23)                                   5.306.458.280            8.834.794.350      (Notes 23)
    Beban umum dan administrasi                                                                General and administrative
    (Catatan 25)                                     439.652.448            1.449.500.863      (Notes 25)
    Jumlah                                         5.746.110.728           10.284.295.213      Total

    Perusahaan memiliki tanah dengan hak                                The Company has land which is registered under
    kepemilikan Hak Guna Bangunan No. 238 di Desa                       land use right or (HGB) No. 238 located at Desa
    Sukanegara, Kecamatan Tanjung Bintang,                              Sukanegara, Kecamatan Tanjung Bintang,
    Kabupaten Lampung Selatan, Provinsi Lampung                         Kabupaten Lampung Selatan, Province Lampung
    dengan luas 15.912 meter persegi. Hak atas tanah                    with a total land area of 15,912 square meters.
    tersebut    akan    berakhir   pada      tanggal                    This land use right will expire on November 7,
    7 November 2048. Perusahaan memiliki                                2048. Management of the Company anticapates
    keyakinan bahwa hak kepemilikan tanah dapat                         that the usage rights granted under these
    diperbaharui dan diperpanjang dengan biaya                          certificates will be perpetually renewable at
    minimum.                                                            minimal cost.

    Berdasarkan evaluasi yang dilakukan manajemen                       Based on the evaluation, the Company’s
    Perusahaan berpendapat bahwa tidak terdapat                         management has the opinion that there were no
    peristiwa atau perubahan keadaan yang                               events or changes in circumstances which might
    mengindikasikan adanya penurunan nilai aset                         indicate impairment of property, plant and
    tetap pada tanggal 30 September 2024 dan 31                         equipment as of September 30, 2024 and
    Desember 2023.                                                      December 31, 2023.

    Sebagian mesin milik Perusahaan sebesar Rp                          Part of the Company’s machine up to an amount
    23.996.000.000 dijadikan sebagai jaminan atas                       of Rp 23,996,000,000 are used as collateral for
    pinjaman utang bank kepada Bank Jtrust                              bank loan to Bank Jtrust Indonesia of the
    Indonesia (Catatan 18).                                             Company (Note 18).




                                                             - 48 -
Page 53
PT INDO AMERICAN SEAFOODS Tbk                                             PT INDO AMERICAN SEAFOODS Tbk
DAN ENTITAS ANAK                                                                         AND ITS SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN                                     NOTES TO THE CONSOLIDATED FINANCIAL
KONSOLIDASIAN INTERIM (Lanjutan)                                           STATEMENTS INTERIM ( Continued)
Tanggal 30 September 2024 (Tidak Diaudit)                                  As of September 30, 2024 (Unaudited)
dan 31 Desember 2023 (Diaudit)                                                 and December 31, 2023 (Audited)
Serta untuk Periode Sembilan Bulan yang Berakhir           And for the Nine-Months Period and for the Period then
pada Tanggal 30 September 2024 dan 2023                                     Ended September 30, 2024 and 2023
(Tidak Diaudit)                                                                                       (Unaudited)
(Disajikan dalam Rupiah Penuh,                                              (Expressed in Full Amount of Rupiah,
kecuali Dinyatakan Lain)                                                                unless Otherwise Stated)

    Tanah, bangunan dan sarana pelengkap milik                    The Company’s land, building and supplementary
    Perusahaan sebesar Rp 51.027.900.000 dijadikan                facilities amounted to Rp 51,027,900,000 are used
    sebagai jaminan atas utang kepada Bank Jtrust                 as collateral for bank loan to Bank Jtrust Indonesia
    Indonesia (Catatan 18).                                       of the Company (Note 18).

    Pada tanggal 30 September 2024 dan 31                         As of September 30, 2024 and December 31,
    Desember 2023 tidak terdapat aset tetap                       2023, there are no property, plant and equipment
    sementara yang tidak dipakai dan dihentikan dari              that are temporarily out of use and retired from
    penggunaannya.                                                use.

    Pada tanggal 31 Desember 2023, terdapat aset                  As of December 31, 2023, there are property and
    tetap yang nilai bukunya nihil namun masih                    equipment which have nil value, but are still used
    digunakan untuk menunjang aktivitas operasi                   to support the Company’s operational activities
    Perusahaan dengan harga perolehan masing-                     with acquisition cost Rp 4,148,564,486 and
    masing      sebesar   Rp 4.148.564.486     dan                Rp 1,643,603,990, respectively, in the form
    Rp 1.643.603.990, yang terdiri dari aset tetap                Facilities and Infrastructure, Vehicles, Equipment
    berupa Sarana dan Prasarana, Kendaraan,                       and Supplies, Borholes Well and Infrastructure.
    Peralatan dan Perlengkapan, Sumur Bor, Mesin
    dan Infrastruktur.

    Aset tetap, kecuali tanah, telah diasuransikan                Property, plant, and equipment, except land, were
    terhadap semua risiko kerusakan dengan jumlah                 insured against all risks of damage with total
    nilai pertanggungan sebesar Rp 162.904.880.000,               coverage amounting Rp 162,904,880,000,
    pada tanggal 30 September 2024 dan 31                         as of September 30, 2024 and December 31,
    Desember 2023. Manajemen berkeyakinan bahwa                   2023. The management believes that the
    nilai pertanggungan tersebut adalah cukup untuk               insurance coverage is adequate to cover possible
    menutup kemungkinan kerugian atas aset tetap.                 losses from property, plant and equipment.

    Perusahaan telah mengasuransikan Aset Tetap                   The Company has insured Fixed Assets from fire
    dari risiko kebakaran dan bencana alam kepada                 and natural disaster risks to PT Asuransi Sinar
    PT Asuransi Sinar Mas sejak periode 30                        Mas since September 30, 2024 and December 31,
    September 2024 dan 31 Desember 2023.                          2023.


11. ASET HAK-GUNA                                              11. RIGHT-OF-USE-ASSETS

                                 30 September 2024/        31 Desember 2023/
                                 September 30, 2024        December 31, 2023
   Harga Perolehan                      9.445.772.618              9.445.772.618 Cost Acquisition
   Akumulasi Penyusutan               (1.810.439.752)            (1.574.295.436) Accumulate Depreciation
   Jumlah                              7.635.332.866              7.871.477.182 Total

   Perusahaan mengadakan perjanjian sewa-                         The Company entered into a rental agreement on
   menyewa pada tanggal 2 Januari 2019 dengan                     January 2, 2019 with the parties:
   pihak-pihak:
    1. Tn. Saimi Saleh sebidang tanah dan bangunan              1. Mr Saimi Saleh a patch of land and building with
       dengan luas 34.924 m2 yang terletak di desa                 an area of 34,924 m2 located in Sukanegara
       Sukanegara, Lampung Selatan, Lampung.                       village, South Lampung, Lampung.




                                                      - 49 -
Page 54
PT INDO AMERICAN SEAFOODS Tbk                                            PT INDO AMERICAN SEAFOODS Tbk
DAN ENTITAS ANAK                                                                        AND ITS SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN                                    NOTES TO THE CONSOLIDATED FINANCIAL
KONSOLIDASIAN INTERIM (Lanjutan)                                          STATEMENTS INTERIM ( Continued)
Tanggal 30 September 2024 (Tidak Diaudit)                                 As of September 30, 2024 (Unaudited)
dan 31 Desember 2023 (Diaudit)                                                and December 31, 2023 (Audited)
Serta untuk Periode Sembilan Bulan yang Berakhir          And for the Nine-Months Period and for the Period then
pada Tanggal 30 September 2024 dan 2023                                    Ended September 30, 2024 and 2023
(Tidak Diaudit)                                                                                      (Unaudited)
(Disajikan dalam Rupiah Penuh,                                             (Expressed in Full Amount of Rupiah,
kecuali Dinyatakan Lain)                                                               unless Otherwise Stated)

    2. Tn. Usman Saleh atas sebidang tanah dan               2. Mr Usman Saleh for a patch of land and building
       banguanan dengan luas 22.465 m 2 yang                    with an area of 22,465 m2 located in Sukanegara
       terletak di desa Sukanegara, Lampung                     village, South Lampung, Lampung.
       Selatan, Lampung.
    3. Tn. Ishak Saleh atas tanah berikut bangunan           3. Mr. Ishak Saleh on land and buildings in the form
       berupa tanah tambak dan bagunan dengan                   of pond land and buildings with an area of
       luas 60.000 m2 yang terletak di desa Gebang,             60,000 m2 located in Gebang village, South
       Lampung Selatan, Lampung.                                Lampung, Lampung.
    4. Tn. Rico Damona Usman atas tanah berikut              4. Mr. Rico Damona Usman on land and buildings
       bangunan berupa tanah tambak dan bagunan                 in the form of pond land and buildings with an
       dengan luas 100.000 m2 yang terletak di desa             area of 100,000 m2 located in Gebang village,
       Gebang, Lampung Selatan, Lampung.                        South Lampung, Lampung.
    5. Tn. Saimi Saleh atas tanah berikut bangunan           5. Mr. Saimi Saleh over land and buildings in the
       berupa tanah tambak dan bagunan dengan                   form of pond land and buildings with an area of
       luas 169.275 m2 yang terletak di desa Gebang,            169,275 m2 located in Gebang village, South
       Lampung Selatan, Lampung.                                Lampung, Lampung.
    6. Tn. Usman Saleh atas tanah berikut bangunan           6. Mr. Usman Saleh over land and buildings in the
       berupa tanah tambak dan bagunan dengan                   form of pond land and buildings with an area of
       luas 244.620 m2 yang terletak di desa Gebang,            244,620 m2 located in Gebang village, South
       Lampung Selatan, Lampung.                                Lampung, Lampung.
    7. Tn. Usman Saleh atas tanah berikut bangunan           7. Mr Usman Saleh for land and buildings with an
       dengan luas 36.550 m2 yang terletak di desa              area of 36,550 m2 located in Campang Jaya
       Campang Jaya, Bandar Lampung, Lampung.                   village, Bandar Lampung, Lampung.

   Aset Hak-Guna merupakan sewa tanah tambak                  Right-of-Use Assets represent land leases for
   udang yang berlokasi di Jl. Ir. Sutami KM 12.5             shrimp farm located at Jl. Ir. Sutami KM 12.5 Desa
   Desa Sukanegara, Kecamatan Tanjung Bintang,                Sukanegara Village, District of Tanjung Bintang,
   Kabupaten Lampung Selatan, Dusun Seribu,                   Lampung Selatan Regency, Dusun Seribu and
   Desa Gebang, Kecamatan Padang Cermin, dan                  Dusun Gebang Karet, Desa Gebang, District of
   Dusun Gebang Karet, Desa Gebang, Kecamatan                 Teluk Pandan, Kabupaten Pesawaran, Lampung
   Teluk Pandan, Kabupaten Pesawaran, Provinsi                Province. With a period of 30 (thirty) years
   Lampung. Dengan jangka waktu 30 (tiga puluh)               (Note 32).
   tahun (Catatan 32).

   Beban penyusutan dialokasikan sebagai berikut:             Depreciation expense is allocated as follows:
                                  30 September 2024/         31 Desember 2023/
                                  September 30, 2024         December 31, 2023
Beban Pokok Penjualan                                                           Cost of Goods Sold
(Catatan 23)                                212.529.884             282.792.706 (Note 23)
Beban Umum dan Administrasi                                                     General and Administrative
(Catatan 25)                                 23.614.432              32.066.380 Expenses (Note 25)
Jumlah                                      236.144.316             314.859.086 Total




                                                    - 50 -
Page 55
PT INDO AMERICAN SEAFOODS Tbk                                           PT INDO AMERICAN SEAFOODS Tbk
DAN ENTITAS ANAK                                                                       AND ITS SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN                                   NOTES TO THE CONSOLIDATED FINANCIAL
KONSOLIDASIAN INTERIM (Lanjutan)                                         STATEMENTS INTERIM ( Continued)
Tanggal 30 September 2024 (Tidak Diaudit)                                As of September 30, 2024 (Unaudited)
dan 31 Desember 2023 (Diaudit)                                               and December 31, 2023 (Audited)
Serta untuk Periode Sembilan Bulan yang Berakhir         And for the Nine-Months Period and for the Period then
pada Tanggal 30 September 2024 dan 2023                                   Ended September 30, 2024 and 2023
(Tidak Diaudit)                                                                                     (Unaudited)
(Disajikan dalam Rupiah Penuh,                                            (Expressed in Full Amount of Rupiah,
kecuali Dinyatakan Lain)                                                              unless Otherwise Stated)

12. UTANG USAHA                                              12. TRADE ACCOUNTS PAYABLES
                                   30 September 2024/    31 Desember 2023/
                                   September 30, 2024    December 31, 2023
   Indonesia Makan Udang, PT             2.698.295.189          4.451.894.010 Indonesia Makan Udang, PT
   Maju Tambak Sumur, PT                 1.114.582.732             29.249.998 Maju Tambak Sumur, PT
   Konverta Mitra Abadi, PT                778.948.672            406.242.378 Konverta Mitra Abadi, PT
   CJ Cheiljedang Feed                                                        CJ Cheiljedang Feed
   Lampung, PT                             734.220.000          1.115.222.500 Lampung, PT
   Utomo Print                             403.389.051             75.821.880 Utomo Print
   Tn. Ismanto                             399.125.090                      - Tn. Ismanto
   Windu Segara Hatchery, CV               366.000.000            190.050.000 Windu Segara Hatchery, CV
   Nerimo Ing Pandum CV                    337.666.243            187.956.458 Nerimo Ing Pandum CV
   RBFood Supply Indonesia, PT             330.780.000                      - RBFood Supply Indonesia, PT
   Mandiri Jaya Perkasa                                                       Mandiri Jaya Perkasa
   (Sanbe), CV                             309.860.000             93.410.000 (Sanbe), CV
   Anesta Agung, PT                        287.627.286                      - Anesta Agung, PT
   Sakti Biru Indonesia, PT                285.297.167                      - Sakti Biru Indonesia, PT
   Gatot Eko Andoyo                        223.612.352                      - Gatot Eko Andoyo
   Andalan Trading Mina, CV                186.131.640                      - Andalan Trading Mina, CV
   Samara Cipta Solution, CV               150.131.009            122.323.133 Samara Cipta Solution, CV
   Sinar Panca Surya, PT                   133.404.409             34.576.502 Sinar Panca Surya, PT
   Thai Union Kharisma                                                        Thai Union Kharisma
   Lestari, PT                             128.800.000                      - Lestari, PT
   Indolabel Surya Pratama, PT             113.665.865                      - Indolabel Surya Pratama, PT
   Tri Jaya Sukses                         106.037.500                      - Tri Jaya Sukses
   Prima Larvae, PT                         97.908.888                      - Prima Larvae, PT
   Gatot Eko Andoyo                         97.875.017                      - Gatot Eko Andoyo
   General Agromesin Lestari, PT            94.387.995            116.369.995 General Agromesin Lestari, PT
   Surya Serba Mulia, PT                    70.999.869                      - Surya Serba Mulia, PT
   Sinergy Indopack Makmur, PT              70.329.600             40.182.000 Sinergy Indopack Makmur, PT
   Gemilang Primajaya                                                         Gemilang Primajaya
   Trimandiri, PT                           67.817.980             30.862.329 Trimandiri, PT
   Dinamika Lubsindo Utama, PT              66.569.094             50.335.347 Dinamika Lubsindo Utama, PT
   Sumber Energy, PT                        63.270.000             27.000.000 Sumber Energy, PT
   Sumatra Motor Teknindo, PT               55.692.801             97.993.099 Sumatra Motor Teknindo, PT
   Lima Pendawa, CV                         55.500.000             44.400.000 Lima Pendawa, CV
   Sumber Tani Makmur Abadi, UD             48.845.000                      - Sumber Tani Makmur Abadi, UD
   R & R Colection                          43.330.000                      - R & R Colection
   Sinar Setia Mulia , PT                   40.800.003             56.950.000 Sinar Setia Mulia , PT
   Delos Rantai Maritim, PT                 39.720.732                      - Delos Rantai Maritim, PT
   Seven Mountain                                                             Seven Mountain
   Internasional, PT                        29.859.000             20.684.850 Internasional, PT
   Bapak Cipto                              27.237.008             21.911.630 Bapak Cipto
   Intiragam Oliefindo, PT                  24.975.000             49.950.000 Intiragam Oliefindo, PT
   Nusa Jaya                                22.015.500             47.152.462 Nusa Jaya
   Indoplast Jaya Sukses                                                      Indoplast Jaya Sukses
   Makmur, PT                                9.090.900            121.624.520 Makmur, PT
   International Packaging                                                    International Packaging
   Manufacturing, PT                           971.250            669.801.750 Manufacturing, PT
   Sumatra Motor Teknindo, PT                  245.100             58.393.893 Sumatra Motor Teknindo, PT
   AKR Corporindo Tbk, PT                            -             75.000.000 AKR Corporindo Tbk, PT
   Choice Canning Company Inc,                       -          1.356.603.529 Choice Canning Company Inc,
   Anugerah Berkah Usaha, PT                         -            117.818.222 Anugerah Berkah Usaha, PT
   Ahmad Heriyadi                                    -            112.830.473 Ahmad Heriyadi




                                                    - 51 -
Page 56
PT INDO AMERICAN SEAFOODS Tbk                                                    PT INDO AMERICAN SEAFOODS Tbk
DAN ENTITAS ANAK                                                                                AND ITS SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN                                            NOTES TO THE CONSOLIDATED FINANCIAL
KONSOLIDASIAN INTERIM (Lanjutan)                                                  STATEMENTS INTERIM ( Continued)
Tanggal 30 September 2024 (Tidak Diaudit)                                         As of September 30, 2024 (Unaudited)
dan 31 Desember 2023 (Diaudit)                                                        and December 31, 2023 (Audited)
Serta untuk Periode Sembilan Bulan yang Berakhir                  And for the Nine-Months Period and for the Period then
pada Tanggal 30 September 2024 dan 2023                                            Ended September 30, 2024 and 2023
(Tidak Diaudit)                                                                                              (Unaudited)
(Disajikan dalam Rupiah Penuh,                                                     (Expressed in Full Amount of Rupiah,
kecuali Dinyatakan Lain)                                                                       unless Otherwise Stated)

                                   30 September 2024/             31 Desember 2023/
                                    September 30, 2024            December 31, 2023
   Multidaya Teknologi                                                               Multidaya Teknologi
   Nusantara PT                                           -              310.906.705 Nusantara PT
   Grahamakmur Ciptapratama                               -            1.618.149.192 Grahamakmur Ciptapratama
   Putra Widjaja Marine, CV                               -            5.240.992.985 Putra Widjaja Marine, CV
   Prima Sari Indotama, PT                                -               28.510.258 Prima Sari Indotama, PT
   Sumatraco Langgeng Abadi, PT                           -               34.965.000 Sumatraco Langgeng Abadi, PT
   Prima Akuakultur Lestari, PT                           -               24.990.000 Prima Akuakultur Lestari, PT
   Masatu Putra, CV                                       -               31.635.000 Masatu Putra, CV
   M. Iqbal                                               -               43.566.800 M. Iqbal
   Hendro Hariyanto                                       -              323.468.632 Hendro Hariyanto
   Lain-lain (masing-masing                                                          Others (each below
   dibawah Rp 25.000.000)                   530.079.628                2.928.105.607 Rp 25.000.000)
   Jumlah                                10.645.094.570               20.407.901.137 Total

    Analisis umur utang usaha yang dihitung dari                      The aging analysis of trade payables based on
    tanggal jatuh tempo adalah sebagai berikut:                       due date is presented below:

                                     30 September 2024/            31 Desember 2023/
                                     September 30, 2024            December 31, 2023
    Belum jatuh tempo                       7.767.072.061                9.413.893.368 Not yet due
    Jatuh tempo:                                                                       Due date:
      1-30 hari                             2.415.568.437                2.293.429.031   1-30 days
      31-60 hari                              198.335.036                  820.703.899   31-60 days
      61-90 hari                               90.386.309                  620.617.659   61-90 days
      >90 hari                                173.732.728                7.259.257.180   >90 days
    Jumlah                                 10.645.094.570               20.407.901.137 Total


13. UTANG LAIN-LAIN                                               13. OTHER PAYABLE
                                     30 September 2024/            31 Desember 2023/
                                     September 30, 2024            December 31, 2023
     Liabilitas Jangka Panjang                                                         Long-Term Payables
     Pihak Berelasi                                                                    Related Party
     Ibnu Syena Alfitra                                       -           595.676.695 Ibnu Syena Alfitra
     Pihak Ketiga                                                                      Third Parties
     Suharto                                                  -             41.000.000 Suharto
     Sub Jumlah                                               -           636.676.695 Sub Total
     Jumlah                                                   -           636.676.695 Total

    Berdasarkan Surat Perjanjian Utang-Piutang                        Based on the Debt and Receivables Agreement
    tanggal 2 Januari 2018 Nomor 05/PFP/ISA-                          Letter dated January 2, 2023 Number 05/PFP/ISA-
    IAS/I/2018 Perusahaan memperoleh fasiltas                         IAS/I/2018 the Company obtained a loan facility of
    pinjaman         dana         sebesar-sebesarnya                  up to Rp 1,000,000,000 from Ibnu Syena Alfitra
    Rp 1.000.000.000 dari Ibnu Syena Alfitra yang                     which was used for the development of the
    digunakan    untuk        pengembangan       usaha                Company's business without interest with a period
    Perusahaan tanpa bunga dengan jangka waktu                        of 120 months. This facility fully paid on May 29,
    120 bulan.Fasilitas ini sudah dilunasi pada tanggal               2024.
    29 Mei 2024


                                                      - 52 -
Page 57
PT INDO AMERICAN SEAFOODS Tbk                                            PT INDO AMERICAN SEAFOODS Tbk
DAN ENTITAS ANAK                                                                        AND ITS SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN                                    NOTES TO THE CONSOLIDATED FINANCIAL
KONSOLIDASIAN INTERIM (Lanjutan)                                          STATEMENTS INTERIM ( Continued)
Tanggal 30 September 2024 (Tidak Diaudit)                                 As of September 30, 2024 (Unaudited)
dan 31 Desember 2023 (Diaudit)                                                and December 31, 2023 (Audited)
Serta untuk Periode Sembilan Bulan yang Berakhir          And for the Nine-Months Period and for the Period then
pada Tanggal 30 September 2024 dan 2023                                    Ended September 30, 2024 and 2023
(Tidak Diaudit)                                                                                      (Unaudited)
(Disajikan dalam Rupiah Penuh,                                             (Expressed in Full Amount of Rupiah,
kecuali Dinyatakan Lain)                                                               unless Otherwise Stated)

    Berdasarkan Surat Perjanjian Utang-Piutang                  Based on the Debt and Receivables Agreement
    tanggal 12 Agustus 2019 Nomor 06/PFP/IAF-                   Letter dated August 12, 2019 Number 06/PFP/IAF-
    IAS/VIII/2019 Perusahaan memperoleh fasiltas                IAS/VIII/2019 the Company obtained a loan facility
    pinjaman       dana       sebesar-sebesarnya                of up to Rp 1,000,000,000 from PT Indo American
    Rp 1.000.000.000 dari PT Indo American Food                 Food which was used for the development of the
    yang digunakan untuk pengembangan usaha                     Company's business without interest with a period
    Perusahaan tanpa bunga dengan jangka waktu                  of 120 months.
    120 bulan.

    Utang pembelian aset tetap merupakan utang                  Fixed asset purchase is a debt machine to
    pembelian mesin kepada Bapak Suharto yang                   Mr. Suharto that has not been paid by the company
    belum dibayarkan oleh Perusahaan sampai                     until December 31, 2022. This payable fully paid on
    dengan 31 Desember 2023. Utang ini sudah                    May 29, 2024.
    dilunasi pada tanggal 29 Mei 2024.


14. BEBAN AKRUAL                                             14. ACCRUED EXPENSES
                                   30 September 2024/        31 Desember 2023/
                                   September 30, 2024        December 31, 2023
   Angkut                                 1.862.767.472             401.613.594   Freight
   Utilitas                               1.190.392.490             842.999.545   Utilities
   Gaji                                     951.988.050             603.502.748   Salaries Expenses
   Jasa Profesional                         893.788.220             786.950.000   Professional Fees
   Lain-Lain                                 33.592.225             181.445.316   Others
   Pemeliharaan & Perbaikan                  11.520.000               3.865.000   Maintenance & Repair
   Analisa/Uji                                5.439.200              50.467.785   Analysis/Test
    Jumlah                                4.949.487.657           2.870.843.988 Total

    Pada 31 Desember 2023, beban akrual atas jasa                As of December 31, 2023, the accrued expense
    profesional merupakan biaya pengurusan legalitas             for professional fee represent to the legal
    terkait roya tanggungan pada utang bank                      management fee related to the liability of the
    Perusahaan.                                                  Company's bank loans.


15. UTANG PEMBELIAN ASET TETAP                               15. PURCHASE OF FIXED ASSETS LIABILITIES
                                   30 September 2024/        31 Desember 2023/
                                   September 30, 2024        December 31, 2023
    Rincian Utang Pembiayaan                                                     Financing2 Details
    Berdasarkan Jatuh Tempo                                                      Based on the Maturity
    Tidak Lebih dari Satu Tahun              19.446.177               76.360.023 Not More Than One Year
    Jumlah                                   19.446.177               76.360.023 Total

    Berdasarkan surat kontrak No. 9422101887                     Based on the contract letter No. 9422101887
    tanggal 4 Januari 2022, Perusahaan mendapatkan               dated January 4, 2022, the Company obtained a
    fasilitas utang pembiayaan dari PT Mandiri Tunas             financing debt facility from PT Mandiri Tunas
    Finance untuk kendaraan senilai Rp 198.767.788.              Finance for vehicle amounting to Rp 198,767,788.
    Pinjaman tersebut diangsur selama 3 (tiga) tahun             The loan is payable in 3 (three) years with an
    dengan suku bunga sebesar 6,36% per tahun.                   interest rate of 6.36% per annum.




                                                    - 53 -
Page 58
PT INDO AMERICAN SEAFOODS Tbk                                                PT INDO AMERICAN SEAFOODS Tbk
DAN ENTITAS ANAK                                                                            AND ITS SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN                                        NOTES TO THE CONSOLIDATED FINANCIAL
KONSOLIDASIAN INTERIM (Lanjutan)                                              STATEMENTS INTERIM ( Continued)
Tanggal 30 September 2024 (Tidak Diaudit)                                     As of September 30, 2024 (Unaudited)
dan 31 Desember 2023 (Diaudit)                                                    and December 31, 2023 (Audited)
Serta untuk Periode Sembilan Bulan yang Berakhir              And for the Nine-Months Period and for the Period then
pada Tanggal 30 September 2024 dan 2023                                        Ended September 30, 2024 and 2023
(Tidak Diaudit)                                                                                          (Unaudited)
(Disajikan dalam Rupiah Penuh,                                                 (Expressed in Full Amount of Rupiah,
kecuali Dinyatakan Lain)                                                                   unless Otherwise Stated)

    Berdasarkan surat kontrak No. 6121800074                       Based on the contract letter No. 6121800074
    tanggal 18 Juli 2018, Perusahaan mendapatkan                   dated July 18, 2018, the Company obtained a
    fasilitas utang pembiayaan BFI Finance Indonesia               financing debt facility from BFI Finance Indonesia
    untuk kendaraan senilai Rp 227.694.000.                        for vehicle amounting to Rp 227,694,000. The loan
    Pinjaman tersebut diangsur selama 3 (tiga) tahun               is payable in 3 (three) years with an interest rate of
    dengan suku bunga sebesar 7,16% per tahun.                     7.16% per annum. The Company has paid-off the
    Perusahaan telah melunasi utang pembiayaan BFI                 financing debt of BFI Finance Indonesia on
    Finance Indonesia pada tanggal 24 September                    September 24, 2021.
    2021.

    Berdasarkan surat kontrak No. 9421801679                       Based on the contract letter No. 9421801679
    tanggal 18 Juli 2018, Perusahaan mendapatkan                   dated July 18, 2018, the Company obtained a
    fasilitas utang pembiayaan PT Mandiri Tunas                    financing debt facility from PT Mandiri Tunas
    Finance untuk kendaraan senilai Rp 398.460.000.                Finance for vehicle amounting to Rp 398,460,000.
    Pinjaman tersebut diangsur selama 3 (tiga) tahun               The loan is payable in 3 (three) years with an
    dengan suku bunga sebesar 7,41% per tahun.                     interest rate of 7.41% per annum. The Company
    Perusahaan telah melunasi utang pembiayaan                     has paid-off the financing debt of PT Mandiri
    PT Mandiri Tunas Finance pada tanggal 20 Juni                  Tunas Finance on June 20, 2021.
    2021.


16. LIABILITAS SEWA KEPADA PIHAK BERELASI                      16. LEASE LIABILITIES TO RELATED PARTIES


                                     30 Sepetember 2024/       31 Desember 2023/
                                      September 30, 2024       December 31, 2023
     Sewa Tanah Tambak Udang                              -          624.277.457 Land Rental for Pond Shrimp
     Jumlah                                               -          624.277.457 Total
     Dikurangi bagian yang jatuh
     tempo dalam waktu satu tahun:                                                Less the portion due
                                                                                  within one year:
     Sewa Tanah Tambak Udang                              -         (624.277.457) Land Rental for Pond Shrimp
     Bagian jangka Panjang                                -                     - Long-term Portion

     Liabilitas sewa merupakan liabilitas sehubungan               Lease liability is a liability in connection with the
     perolehan     aset   hak-guna     terkait   tanah             acquisition of land-related rights assets of the
     Perusahaan yang berlokasi di JL. Ir. Sutami KM                Company located in JL. Ir. Sutami KM 12.5 RT 001
     12.5 RT 001 RW 003, Desa/Kelurahan                            RW        003,     Desa/Kelurahan       Sukanegara,
     Sukanegara, Kecamatan Tanjung Bintang,                        Kecamatan        Tanjung       Bintang,   Kabupaten
     Kabupaten Lampung Selatan, Provinsi Lampung,                  Lampung Selatan, Provinsi Lampung, Dusun
     Dusun Seribu, Desa Gebang, Kecamatan Padang                   Seribu, Desa Gebang, Kecamatan Padang
     Cermin,      Kabupaten    Pesawaran,      Provinsi            Cermin,      Kabupaten        Pesawaran,     Provinsi
     Lampung, Dusun Gebang Karet, Desa Gebang,                     Lampung, Dusun Gebang Karet, Desa Gebang,
     Kecamatan       Teluk     Pandan,     Kabupaten               Kecamatan         Teluk       Pandan,     Kabupaten
     Pesawaran, Provinsi Lampung. Dengan jangka                    Pesawaran, Provinsi Lampung. With a period of 30
     waktu 30 (tiga puluh) tahun dengan pembayaran                 (thirty) years with payments made at the end of
     dilakukan setiap akhir tahun.                                 each year.




                                                      - 54 -
Page 59
PT INDO AMERICAN SEAFOODS Tbk                                           PT INDO AMERICAN SEAFOODS Tbk
DAN ENTITAS ANAK                                                                       AND ITS SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN                                   NOTES TO THE CONSOLIDATED FINANCIAL
KONSOLIDASIAN INTERIM (Lanjutan)                                         STATEMENTS INTERIM ( Continued)
Tanggal 30 September 2024 (Tidak Diaudit)                                As of September 30, 2024 (Unaudited)
dan 31 Desember 2023 (Diaudit)                                               and December 31, 2023 (Audited)
Serta untuk Periode Sembilan Bulan yang Berakhir         And for the Nine-Months Period and for the Period then
pada Tanggal 30 September 2024 dan 2023                                   Ended September 30, 2024 and 2023
(Tidak Diaudit)                                                                                     (Unaudited)
(Disajikan dalam Rupiah Penuh,                                            (Expressed in Full Amount of Rupiah,
kecuali Dinyatakan Lain)                                                              unless Otherwise Stated)

17. PERPAJAKAN                                               17.   TAXATION

    a. Pajak Dibayar Dimuka                                        a. Prepaid Taxes

                                  30 Sepetember 2024/         31 Desember 2023/
                                   September 30, 2024         December 31, 2023
       Pajak Pertambahan
       Nilai-Bersih                     11.345.112.342                9.663.458.887 Vallue Added Tax-Net
       Jumlah                           11.345.112.342                9.663.458.887 Total

    b. Utang Pajak                                                 b. Taxes Payable

                                     30 Sepetember 2024/           31 Desember 2023/
                                      September 30, 2024           December 31, 2023
        Entitas Induk                                                                      Parent Entity
        Pajak penghasilan:                                                                 Income tax:
        Pasal 21                                4.471.644                   2.811.914      Article 21
        Pasal 22                               88.055.762                  32.841.996      Article 22
        Pasal 23                               20.541.362                   8.898.796      Article 23
        Pasal 25                               52.701.989                  13.754.704      Article 25
        Pasal 29:                                                                          Article 29:
         Tahun 2021                                      -                           -        Year 2021
         Tahun 2022                                      -               1.063.969.216       Year 2022
         Tahun 2023                                                        577.405.049       Year 2023
         September 2024                                                                      September 2024
         (Estimasi)                           726.208.052                              -     (Estimated)
         Denda Pajak                        3.171.902.500                              -     Tax Penalty

        Jumlah                              4.063.881.309                1.699.681.675     Total

                                     30 Sepetember 2024/           31 Desember 2023/
                                      September 30, 2024           December 31, 2023
        Entitas Anak                                                                       Its Subsidiary
        Pajak penghasilan:                                                                 Income tax:
        Pasal 21                                1.116.983                   9.159.306      Article 21
        Pasal 22                               32.687.237                  13.193.475      Article 22
        Pasal 23                               20.173.912                   1.444.401      Article 23
        Pasal 25                               16.430.190                           -      Article 25
        Pasal 26                                1.121.755                           -      Article 26
        Pasal 29:                                                                          Article 29:
         Tahun 2021                                                       464.326.518        Year 2021
         Tahun 2022                                                       478.730.259        Year 2022
         Tahun 2023                                                       197.162.281        Year 2023
         September 2024                       273.657.365                           -        September 2024
         (Estimasi)                                                                 -        (Estimate)

        Jumlah                                345.187.442                1.164.016.240     Total




                                                   - 55 -
Page 60
PT INDO AMERICAN SEAFOODS Tbk                                              PT INDO AMERICAN SEAFOODS Tbk
DAN ENTITAS ANAK                                                                          AND ITS SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN                                      NOTES TO THE CONSOLIDATED FINANCIAL
KONSOLIDASIAN INTERIM (Lanjutan)                                            STATEMENTS INTERIM ( Continued)
Tanggal 30 September 2024 (Tidak Diaudit)                                   As of September 30, 2024 (Unaudited)
dan 31 Desember 2023 (Diaudit)                                                  and December 31, 2023 (Audited)
Serta untuk Periode Sembilan Bulan yang Berakhir            And for the Nine-Months Period and for the Period then
pada Tanggal 30 September 2024 dan 2023                                      Ended September 30, 2024 and 2023
(Tidak Diaudit)                                                                                        (Unaudited)
(Disajikan dalam Rupiah Penuh,                                               (Expressed in Full Amount of Rupiah,
kecuali Dinyatakan Lain)                                                                 unless Otherwise Stated)

    c. Beban Pajak Penghasilan - Bersih                              c. Income Taxes Expense - Net

                                    30 September 2024/             31 Desember 2023/
                                    September 30, 2024             December 31, 2023
        Entitas Induk:                                                                 Parent Entity;
        Beban Pajak Kini                                                               Current Tax Expense
        PT Indo American                 (1.066.942.140)                 (673.327.820) PT Indo American
        Seafoods                                                                       Seafoods
        Entitas Anak:                                                                  Its Subsidiary:
        PT Indokom Samudra                                                             PT Indokom Samudra
        Persada                            (420.355.320)                 (414.744.880) Persada
        Sub Jumlah                       (1.487.297.460)               (1.088.072.700) Sub Total
        Manfaat Pajak                                                                    Deffered Tax
        Tangguhan                                       -                279.570.754     Benefit
        Jumlah                           (1.487.297.460)                 (808.501.946) Total

    d. Pajak Penghasilan                                             d. Income Taxes
       Rekonsiliasi antara laba sebelum pajak                           Reconciliation between income before
       penghasilan dan pajak final seperti yang                         income tax and final tax as shown in the
       disajikan dalam laporan laba rugi komprehensif                   financial statement of profit or loss and
       dan taksiran penghasilan kena pajak untuk                        other    comprehensive     income     and
       tahun yang pada tanggal 30 September 2024                        estimated taxable income for the years
       dan 31 Desember 2023 adalah sebagai berikut:                     ended September 30, 2024 and December
                                                                        31, 2023 are as follow:

                                     30 September 2024/              31 Desember 2023/
                                     September 30, 2024              December 31, 2023
       Entitas Induk                                                                     Parent Entity
       Laba sebelum pajak                     1.978.329.582                2.011.439.434 Profit Before Tax
       Beda Temporer:                                                                    Temporary Difference:
       Imbalan kerja                           209.687.496                   279.583.328 Employee benefits
                                                                                         Depreciation of Property,
       Penyusutan aset tetap                                   -           (117.847.934) Plant and Equipment
       Beban Kerugian
       Penurunan Piutang                                                                Allowance for Impairment
       Usaha                                                   -            119.304.064 Losses
       Beda Permanen:                                                                   Permanent Differences:
       Penyusutan aset                                                                  Depreciation of asset for
       Pengampunan pajak                       561.970.075                  749.293.434 tax amnesty
       Beban Pajak Jasa Giro                    14.108.709                   13.516.147 Current Account
       Pajak Giro                               14.677.914                   59.045.957 Current Account Tax
       Administrasi dan Umum                                                            General Administratif and
       Lainnya                                     1.293.058                 11.336.931 Others
       Pendapatan yang telah
       dikenakan pajak                                                                   Income already subjected to
       bersifat Final                         2.138.692.060                      570.000 final tax
       Lainnya                                                                         - Others
       Pendapatan Lain-lain                                                            - Other Income
       Pendapatan Bunga                        (69.022.353)                 (65.659.825) Interest Income
       Jumlah Koreksi                                                                    Fiscal Correction Amount -
       Fiskal - Bersih                        2.871.406.959                1.049.142.102 Net




                                                      - 56 -
Page 61
PT INDO AMERICAN SEAFOODS Tbk                                            PT INDO AMERICAN SEAFOODS Tbk
DAN ENTITAS ANAK                                                                        AND ITS SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN                                    NOTES TO THE CONSOLIDATED FINANCIAL
KONSOLIDASIAN INTERIM (Lanjutan)                                          STATEMENTS INTERIM ( Continued)
Tanggal 30 September 2024 (Tidak Diaudit)                                 As of September 30, 2024 (Unaudited)
dan 31 Desember 2023 (Diaudit)                                                and December 31, 2023 (Audited)
Serta untuk Periode Sembilan Bulan yang Berakhir          And for the Nine-Months Period and for the Period then
pada Tanggal 30 September 2024 dan 2023                                    Ended September 30, 2024 and 2023
(Tidak Diaudit)                                                                                      (Unaudited)
(Disajikan dalam Rupiah Penuh,                                             (Expressed in Full Amount of Rupiah,
kecuali Dinyatakan Lain)                                                               unless Otherwise Stated)

                                     30 September 2024/        31 Desember 2023/
                                     September 30, 2024        December 31, 2023
      Taksiran penghasilan
       kena pajak                            4.849.736.541           3.060.581.537 Estimated taxable income
       Pembulatan                           4.849.737.000            3.060.582.000 Rounding
       Beban pajak kini (22%)                1.066.942.140             673.327.820 Current tax expense (22%)
       Dikurangi - pajak
       dibayar di muka:                                                            Less - prepaid taxes:
       Pasal 22                               (24.522.154)            (40.903.955) Article 22
       Pasal 25                              (316.211.934)            (55.018.816) Article 25
       Jumlah Pajak
       Penghasilan Dibayar
       Dimuka                                (340.734.088)            (95.922.771) Total Prepaid Income Tax
       Taksiran utang pajak                                                        Estimated income tax payable
       penghasilan pasal 29                   726.208.052              577.405.049 article 29

                                     30 September 2024/        31 Desember 2023/
                                     September 30, 2024        December 31, 2023
       Entitas Anak                                                                Its Subsidiary
       Laba sebelum pajak                   1.194.342.966              542.513.921 Profit Before Tax

       Beda Temporer:                                                               Temporary Difference:
       Imbalan Pasca Kerja                    444.416.579              592.555.438 Post-employment benefits
       Beban Cadangan                                                               Allowance for impairment
       Penurunan Nilai                                    -            346.216.346 Losses
                                                                                    Depreciation of Property and
       Penyusutan Aset Tetap                   (2.337.829)              (3.220.053) Equipment

       Beda Permanen:                                                               Permanent Differences:
       Beban Pajak                                      -              116.174.245  Tax Expenses
       Beban Lain-lain                        256.828.564              198.506.118  Other Expenses
       Transportasi                            23.987.046               62.481.228  Transportation
       Bunga Pajak Giro                           130.162                  529.380  Current Account Tax
       Bunga Aset Hak-Guna                              -               38.165.359  Right-of-use assets Interest
                                                                                    Current Account Service
       Bunga Jasa Giro                         (6.661.016)              (8.717.809) Interest
       Jumlah Koreksi                                                              Fiscal Correction
       Fiskal-Bersih                          716.363.506            1.342.690.253 Amount-Net

       Taksiran penghasilan
       kena pajak                           1.910.706.472            1.885.204.173 Estimated taxable income
       Pembulatan                           1.910.706.000            1.885.204.000 Rounding
       Beban pajak kini (22%)                 420.355.320              414.744.880 Current tax expense (22%)
       Dikurangi - pajak
       dibayar di muka:                                                            Less - prepaid taxes:
       Pasal 22                               (48.116.817)           (217.582.599) Article 22
       Pasal 25                               (98.581.140)                       - Article 29
       Jumlah Pajak Penghasilan
       Dibayar Dimuka                        (146.697.957)            (217.582.599) Total Prepaid Income Tax
       Taksiran utang pajak                                                        Estimated income
       penghasilan pasal 29                    273.657.363             197.162.281 tax payable article 29



                                                   - 57 -
Page 62
PT INDO AMERICAN SEAFOODS Tbk                                                     PT INDO AMERICAN SEAFOODS Tbk
DAN ENTITAS ANAK                                                                                 AND ITS SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN                                             NOTES TO THE CONSOLIDATED FINANCIAL
KONSOLIDASIAN INTERIM (Lanjutan)                                                   STATEMENTS INTERIM ( Continued)
Tanggal 30 September 2024 (Tidak Diaudit)                                          As of September 30, 2024 (Unaudited)
dan 31 Desember 2023 (Diaudit)                                                         and December 31, 2023 (Audited)
Serta untuk Periode Sembilan Bulan yang Berakhir                   And for the Nine-Months Period and for the Period then
pada Tanggal 30 September 2024 dan 2023                                             Ended September 30, 2024 and 2023
(Tidak Diaudit)                                                                                               (Unaudited)
(Disajikan dalam Rupiah Penuh,                                                      (Expressed in Full Amount of Rupiah,
kecuali Dinyatakan Lain)                                                                        unless Otherwise Stated)

       Laba kena pajak hasil rekonsiliasi 30                                The reconciled taxable profit for September,
       September 2024 dan tahun 2023 menjadi                                30 2024 and 2023 is the basis for filling the
       dasar dalam pengisian SPT Tahunan Pajak                              Annual Corporate Income Tax Return.
       Penghasilan Badan.

    e. Pajak Tangguhan                                                   e. Deferred Tax
                                                                    Dibebankan ke
                                                                      Penghasilan
                                                                     komprehensif
                              1 Januari        Dikreditkan               lain/             30 September
                                2024/         ke laba rugi/           Charged to               2024/
                             January 1,        Credited to               other             September 30,
                                2024          Profit or loss        comprehensive              2024
        Imbalan kerja       2.045.497.897                      -                  -          2.045.497.897     Employee benefits
        Cadangan Kerugian                                                                                      Allowance for
        Piutang               352.336.430                      -                  -            352.336.430     Impairment Losses
        Penyusutan          (607.652.187)                      -                  -          (607.652.187)     Depreciation
        Aset pajak
        tangguhan           1.790.182.140                      -                  -          1.790.182.140     Deferred tax assets

                                                                    Dibebankan ke
                                                                      Penghasilan
                                                                     komprehensif
                              1 Januari        Dikreditkan               lain/          31 Desember
                                2023/         ke laba rugi/           Charged to            2023/
                             January 1,        Credited to               other          December 31,
                                2023          Profit or loss        comprehensive           2023
        Imbalan kerja       1.818.231.019       224.932.788               2.334.090        2.045.497.897     Employee benefits
        Cadangan Kerugian                                                                                    Allowance for
        Piutang               249.921.940      102.414.490                       -           352.336.430     Impairment Losses
        Penyusutan          (559.875.653)      (47.776.534)                      -         (607.652.187)     Depreciation
        Aset pajak
        tangguhan           1.508.277.306       279.570.744               2.334.090        1.790.182.140     Deferred tax assets



18. UTANG BANK                                                     18.    BANK LOANS

     a.) Utang Bank Jangka Pendek                                         a.) Short-Term Bank Loan

          Entitas Induk                                                       Parent Entity

                                      30 September 2024/            31 Desember 2023/
                                      September 30, 2024            December 31, 2023
         Bank BTPN                                                                            Bank BTPN
         Pembiayaan Utang                                                                     Account Payable
         Usaha - IDR                         24.548.186.154               61.459.107.466      Financing - IDR
         Fasilitas Kredit                                                                     Revolving Credit
         Bergulir - IDR                      22.000.000.000                8.600.000.000      Facility - IDR
         Pembiayaan Utang                                                                     Account Payable
         Usaha - USD                                      -               29.290.400.000      Financing - USD
         Bank BTPN PSF USD                   22.648.665.000               20.494.030.400      Bank BTPN PSF USD
         Bank BTPN ARF USD                   30.967.888.000               15.924.728.000      Bank BTPN ARF USD
         Sub Jumlah                         100.164.739.154              135.768.265.866      Sub Total
         Jumlah                             100.164.739.154              135.768.265.866      Total



                                                          - 58 -
Page 63
PT INDO AMERICAN SEAFOODS Tbk                                                 PT INDO AMERICAN SEAFOODS Tbk
DAN ENTITAS ANAK                                                                             AND ITS SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN                                         NOTES TO THE CONSOLIDATED FINANCIAL
KONSOLIDASIAN INTERIM (Lanjutan)                                               STATEMENTS INTERIM ( Continued)
Tanggal 30 September 2024 (Tidak Diaudit)                                      As of September 30, 2024 (Unaudited)
dan 31 Desember 2023 (Diaudit)                                                     and December 31, 2023 (Audited)
Serta untuk Periode Sembilan Bulan yang Berakhir               And for the Nine-Months Period and for the Period then
pada Tanggal 30 September 2024 dan 2023                                         Ended September 30, 2024 and 2023
(Tidak Diaudit)                                                                                           (Unaudited)
(Disajikan dalam Rupiah Penuh,                                                  (Expressed in Full Amount of Rupiah,
kecuali Dinyatakan Lain)                                                                    unless Otherwise Stated)

      Entitas Anak                                                     Subsidiary

                                        30 September 2024/         31 Desember 2023/
                                        September 30, 2024         December 31, 2023

         Bank BTPN:                                                                      Bank BTPN:
          Bank BTPN APF-IDR                   25.229.943.029           18.083.600.543     Bank BTPN APF-IDR
          Fasilitas Kredit                                                                Revolving Credit
          Bergulir - IDR                      16.700.000.000           29.800.000.000     Facility - IDR
          Pembiayaan Utang                                                                Account Payable
          Usaha - USD                                                               -     Financing - USD
          Bank BTPN ARF USD                   31.028.440.000            1.572.432.000     Bank BTPN ARF USD
          Bank BTPN PSF USD                   23.747.062.000           10.217.416.280     Bank BTPN PSF USD
          Bank BTPN LOC 2                        900.894.064            3.807.894.064     Bank BTPN LOC 2
         Sub Jumlah                           97.606.339.093           63.481.342.887    Sub Total
         Jumlah                              197.771.078.247          199.249.608.753    Total


      Entitas Induk - Bank Jtrust Indonesia                            Parent Entity - Bank Jtrust Indonesia

      Berdasarkan        surat nomor     136/BJI/JKD-                  Based on letter no. 136/BJI/JKD-JKT/XI/2023, the
      JKT/XI/2023 Perusahaan telah melunasi                            Company has paid off the Credit Facility provided
      Fasilitas Kredit yang diberikan oleh Bank Jtrust                 by Bank Trust Indonesia on November 28, 2023
      Indonesia pada tanggal 28 November 2023,                         which consists of:
      yang terdiri dari:

      a. Kredit atas Permintaan 1 (KAP 1) - USD                        a. Credit on Demand 1 (KAP 1) - USD

          Berdasarkan       Surat     Pemberitahuan                       Based on the Notification Letter of
          Keputusan Kredit No. 060/SPKK/BJI-LPG/                          Credit Decision No. 060/SPKK/BJI-LPG/
          COMM/XI/2021 tanggal 8 Desember 2021,                           COMM/XI/2021 dated December 8, 2021, the
          Perusahaan memperoleh fasilitas pinjaman                        Company obtained a loan facility from Bank
          dari Bank Jtrust Indonesia berupa Fasilitias                    Jtrust Indonesia in the form of Credit Facility on
          Kredit atas Permintaan 1 (KAP 1) - USD                          Demand 1 (KAP 1) - USD with
          dengan plafon maksimum USD 1.900.000                            a maximum plafond of USD 1,900,000
          atau setara dengan Rp 29.888.900.000 dan                        or equivalent Rp 29,888,900,000 and
          Rp 27.111.100.000 pada 31 Desember 2022                         Rp 27,111,100,000 as of December 31, 2022
          dan 2021.                                                       and 2021.

          Tujuan penggunaan untuk membiayai                               The purpose of use is to finance short-term
          kebutuhan modal kerja jangka pendek                             working capital needs in the form of
          berupa pembelian persediaan dari pemasok                        purchasing stocks from suppliers and taking
          dan pengambil alihan pinjaman Perusahaan                        over the Company’s loans at the Indonesian
          pada Lembaga Pembiayaan Ekspor                                  Export Financing Institution.
          Indonesia.

          Jangka waktu fasilitas kredit adalah 12 bulan                   The term of the credit facility is 12 months from
          terhitung sejak tanggal efektif fasilitas kredit.               the effective date of the credit facility.
          Suku bunga 5,25% per tahun dan dibayar                          Interest rate is 5.25% per annum and is paid
          setiap bulan.                                                   monthly.




                                                          - 59 -
Page 64
PT INDO AMERICAN SEAFOODS Tbk                                                 PT INDO AMERICAN SEAFOODS Tbk
DAN ENTITAS ANAK                                                                             AND ITS SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN                                         NOTES TO THE CONSOLIDATED FINANCIAL
KONSOLIDASIAN INTERIM (Lanjutan)                                               STATEMENTS INTERIM ( Continued)
Tanggal 30 September 2024 (Tidak Diaudit)                                      As of September 30, 2024 (Unaudited)
dan 31 Desember 2023 (Diaudit)                                                     and December 31, 2023 (Audited)
Serta untuk Periode Sembilan Bulan yang Berakhir               And for the Nine-Months Period and for the Period then
pada Tanggal 30 September 2024 dan 2023                                         Ended September 30, 2024 and 2023
(Tidak Diaudit)                                                                                           (Unaudited)
(Disajikan dalam Rupiah Penuh,                                                  (Expressed in Full Amount of Rupiah,
kecuali Dinyatakan Lain)                                                                    unless Otherwise Stated)

      b. Kredit atas Permintaan 2 (KAP 2) – IDR                     b. Credit on Demand 2 (KAP 2) – IDR

          Berdasarkan         Surat     Pemberitahuan                  Based on the Notification Letter of Credit
          Keputusan Kredit No. 060/SPKK/BJI-                           Decision No. 060/SPKK/BJI-LPG/COMM/
          LPG/COMM/XI/2021 tanggal 8 Desember                          XI/2021 dated December 8, 2021, the
          2021, Perusahaan memperoleh fasilitas                        Company obtained a loan facility from Bank
          pinjaman dari Bank Jtrust Indonesia berupa                   Jtrust Indonesia in the form of Credit Facility
          Fasilitas Kredit atas Permintaan 2 (KAP 2) -                 on Demand 2 (KAP 2) - IDR with a maximum
          IDR       dengan       plafon    maksimum                    plafond of Rp 32,500,000,000.
          Rp 32.500.000.000.

          Tujuan penggunaan untuk membiayai                            The purpose of use is to finance short-term
          kebutuhan modal kerja jangka pendek                          working capital needs in       the form of
          berupa   pembelian   persediaan dari                         purchasing stocks from suppliers.
          pemasok.

          Jangka waktu fasilitas kredit adalah 12 bulan                The term of the credit facility is 12 months from
          terhitung sejak tanggal efektif fasilitas kredit.            the effective date of the credit facility. Interest
          Suku bunga 10,25% per tahun dan dibayar                      rate is 10.25% per annum and is paid monthly.
          setiap bulan.

      c. Kredit Rekening Koran                                      c. Bank Overdraft Credit

          Berdasarkan      Surat      Pemberitahuan                    Based on the Notification Letter of Credit
          Keputusan Kredit No. 060/SPKK/BJI-                           Decision No. 060/SPKK/BJI-LPG/COMM
          LPG/COMM/XI/2021 tanggal 8 Desember                          /XI/2021 dated December 8, 2021, the
          2021, Perusahaan memperoleh fasilitas                        Company obtained a loan facility from Bank
          pinjaman dari Bank Jtrust Indonesia berupa                   Jtrust Indonesia in the form of a Bank
          Fasilitas Kredit Rekening Koran dengan                       Overdraft Credit Facility with a maximum
          plafon maksimum Rp 10.000.000.000                            plafond of Rp      10,000,000,000  including
          termasuk pengambilalihan dari Lembaga                        takeover from Indonesian Export Financing
          Pembiayaan Ekspor Indonesia sebesar                          Institution of Rp 7,500,000,000.
          Rp 7.500.000.000.

          Tujuan penggunaan untuk membiayai                            The purpose of use is to finance short-term
          kebutuhan modal kerja jangka pendek dan                      working capital needs and taking over the
          mengambil alih pinjaman Perusahaan pada                      Company’s loans at the Lembaga Pembiayaan
          Lembaga Pembiayaan Ekspor Indonesia.                         Ekspor Indonesia.

          Jangka waktu fasilitas kredit adalah 12 bulan                The term of the credit facility is 12 months from
          terhitung sejak tanggal efektif fasilitas kredit.            the effective date of the credit facility.
          Suku bunga 10,25% per tahun dan dibayar                      Interest rate is 10.25% per annum and is paid
          setiap bulan.                                                monthly.




                                                          - 60 -
Page 65
PT INDO AMERICAN SEAFOODS Tbk                                             PT INDO AMERICAN SEAFOODS Tbk
DAN ENTITAS ANAK                                                                         AND ITS SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN                                     NOTES TO THE CONSOLIDATED FINANCIAL
KONSOLIDASIAN INTERIM (Lanjutan)                                           STATEMENTS INTERIM ( Continued)
Tanggal 30 September 2024 (Tidak Diaudit)                                  As of September 30, 2024 (Unaudited)
dan 31 Desember 2023 (Diaudit)                                                 and December 31, 2023 (Audited)
Serta untuk Periode Sembilan Bulan yang Berakhir           And for the Nine-Months Period and for the Period then
pada Tanggal 30 September 2024 dan 2023                                     Ended September 30, 2024 and 2023
(Tidak Diaudit)                                                                                       (Unaudited)
(Disajikan dalam Rupiah Penuh,                                              (Expressed in Full Amount of Rupiah,
kecuali Dinyatakan Lain)                                                                unless Otherwise Stated)

      d. Kredit Investasi                                       d. Investment Credit

         Berdasarkan       Surat     Pemberitahuan                 Based on the Notification Letter of Credit
         Keputusan Kredit No. 060/SPKK/BJI-                        Decision No. 060/SPKK/BJI-LPG/COMM/
         LPG/COMM/XI/2021 tanggal 8 Desember                       XI/2021 dated December 8, 2021, the
         2021, Perusahaan memperoleh fasilitas                     Company obtained a loan facility from Bank
         pinjaman dari Bank Jtrust Indonesia berupa                Jtrust Indonesia in the form of Investment
         Fasilitas Kredit Investasi dengan plafon                  Credit Facility with a maximum plafond of
         maksimum Rp 3.843.750.000 atau sebesar                    Rp 3,843,750,000 or the latest outstanding
         outstanding terakhir berdasarkan konfirmasi               based on confirmation from Indonesian Export
         dari     Lembaga     Pembiayaan     Ekspor                Financing Institution.
         Indonesia.

         Tujuan penggunaan untuk membiayai                         The purpose of use is to finance export
         investasi ekspor pengolahan udang dan                     investment in shrimp processing and takeover
         pengambilalihan pinjaman Perusahaan pada                  the Company’s loans at Indonesian Export
         Lembaga Pembiayaan Ekspor Indonesia.                      Financing Institution.

         Jangka waktu fasilitas kredit terhitung sejak             The term of credit facility is from the effective
         tanggal efektif kredit sampai dengan                      date of the loan until November 23, 2022. The
         tanggal 23 November 2022. Suku bunga                      interest rate is 9.75% per annum and is paid
         9,75% per tahun dan dibayar setiap bulan.                 monthly.

         Biaya-biaya yang timbul dari perjanjian kredit            The costs arising from the credit agreement
         di atas adalah biaya provisi 0,5% fasilitas               above are provision fee of 0.5% for takeover
         pengambilalihan, 1,00% untuk fasilitas                    facility, 1.00% for additional facility, and
         tambahan dan denda 2% per bulan.                          penalty of 2% per month.

         Jaminan atas fasilitas tersebut di       atas             Collateral for the foregoing facilities are as
         adalah sebagai berikut:                                   follows:

         a. Tanah     berikut   Bangunan      Pabrik               a. Land and Factory Building on it along with
            diatasnya     beserta     sarana    dan                   its facilities and infrastructure with proof
            prasarananya dengan bukti kepemilikan                     of ownership in the form of SHGB
            berupa SHGB No. 238 terletak di Jalan                     No. 238 located at Jalan Kemang Raya,
            Kemang Raya, Desa Sukanegara,                             Desa Sukanegara, Kecamatan Tanjung
            Kecamatan Tanjung Bintang, Kabupaten                      Bintang, Kabupaten Lampung Selatan,
            Lampung Selatan, Provinsi Lampung                         Provinsi Lampung (due on August 11,
            (jatuh tempo tanggal 11 Agustus 2040)                     2040) which registered under the name of
            yang terdaftar atas nama PT Indo                          PT Indo American Seafoods Tbk, which
            American Seafoods Tbk, yang akan                          will charged with First Rank Mortgage
            dibebankan Hak Tanggungan Peringkat                       amounting to Rp 51,027,900,000.
            Pertama senilai Rp 51.027.900.000.
         b. Mesin - Mesin Pengolahan Udang                         b. Shrimp Processing Machineries owned
            yang dimiliki Perusahaan dengan                           by the Company with a fiduciary guarantee
            nilai   penjaminan    fidusia    sebesar                  value of Rp 23,966,000,000.
            Rp 23.996.000.000.
         c. Piutang          dagang          sebesar               c.   Trade receivables of Rp 35,000,000,000
            Rp 35.000.000.000 dan persediaan                            and inventories of Rp 65,000,000,000 with
            sebesar Rp 65.000.000.000 dengan total                      a total fiduciary guarantee value of
            nilai   penjaminan    fidusia    sebesar                    Rp 100,000,000,000.
            Rp 100.000.000.000.


                                                      - 61 -
Page 66
PT INDO AMERICAN SEAFOODS Tbk                                              PT INDO AMERICAN SEAFOODS Tbk
DAN ENTITAS ANAK                                                                          AND ITS SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN                                      NOTES TO THE CONSOLIDATED FINANCIAL
KONSOLIDASIAN INTERIM (Lanjutan)                                            STATEMENTS INTERIM ( Continued)
Tanggal 30 September 2024 (Tidak Diaudit)                                   As of September 30, 2024 (Unaudited)
dan 31 Desember 2023 (Diaudit)                                                  and December 31, 2023 (Audited)
Serta untuk Periode Sembilan Bulan yang Berakhir            And for the Nine-Months Period and for the Period then
pada Tanggal 30 September 2024 dan 2023                                      Ended September 30, 2024 and 2023
(Tidak Diaudit)                                                                                        (Unaudited)
(Disajikan dalam Rupiah Penuh,                                               (Expressed in Full Amount of Rupiah,
kecuali Dinyatakan Lain)                                                                 unless Otherwise Stated)

         Berdasarkan Surat Keterangan Lunas                         Based on the Certificate of Payment
         No.    136/BJI/JKD-JKT/XI/2023    tanggal                  No.     136/BJI/JKD-JKT/XI/2023       dated
         28 November 2023 menyatakan bahwa                          November 28, 2023 stated that the Company
         Perusahaan telah melunasi Kredit Rekening                  had paid-off the Current Account Credit-IDR,
         Koran-IDR, Kredit Angsuran Berjangka-IDR,                  Term Installment Credit-IDR, Credit on
         Kredit Atas Permintaan – IDR, Kredit atas                  Demand - IDR, Credit on Demand - USD as of
         Permintaan – USD per tanggal 28 November                   November 28, 2023.
         2023.

         Berdasarkan Perjanjian Kredit Bank BTPN                    Based on the BTPN Bank Credit Agreement
         dengan No. BTPN/S/0153 tanggal 22                          with No. BTPN/S/0153 dated August 2022 as
         Agustus 2022 sebagaimana diubah dengan                     amended by amendments and restatement of
         perubahan dan pernyataan kembali atas                      Facility Agreement No. BTPN/S/0153 dated
         Perjanjian Fasilitas No. BTPN/S/0153                       November 10, 2023.
         tanggal 10 November 2023.

         Tanpa persetujuan tertulis lebih dulu dari                 Without prior written approval from BTPN
         Bank BTPN, peminjam tidak dapat:                           Bank, the borrower cannot:
         a. Memasang atau mengizinkan adanya                        a. Installing or allowing the existence or
            atau dipasangnya hak jaminan atas aset-                    installation of security rights over its
            asetnya.                                                   assets.
         b. Menjual, mengalihkan atau melepaskan                    b. Selling, transferring or disposing of its
            aset-asetnya         dengan       ketentuan-               assets with conditions where the assets
            ketentuan dimana aset-aset tersebut                        can be leased or repurchased by the
            dapat disewakan atau dibeli kembali oleh                   company.
            perseroan.
         c. Peminjam tidak boleh, baik dalam satu                   c. The Borrower may not, whether in one
            transaksi atau serangkaian transaksi dan                   transaction or a series of transactions and
            baik berkaitan atau tidak melepaskan                       whether related or unrelated, dispose of its
            aset-asetnya, kecuali: (i) yang dilakukan                  assets, except: (i) those carried out in the
            dalam kegiatan usaha normal Perseroan;                     Company's normal business activities; or
            atau (ii) atas aset yang digantikan dengan                 (ii) for assets that are replaced with other
            aset lain yang sebanding atau lebih baik                   assets that are comparable or better in
            dari segi jenis, nilai dan kualitasnya.                    terms of type, value and quality.
         d. Peminjam        tidak boleh       melakukan             d. The borrower may not carry out
            peleburan, pemisahan, penggabungan                         consolidation, separation, merger or
            atau rekonstruksi Perusahaan tanpa                         reconstruction of the company without
            persetujuan tertulis lebih dahulu dari Bank                prior written approval from Bank BTPN.
            BTPN.

         Peminjam     dapat    menimbulkan   atau               The borrower can incur or allow the incurrence of
         mengizinkan      ditimbulkannya   utang                financing debt, provided that the borrower is
         pembiayaan, dengan ketentuan peminjam                  obliged to provide prior written notification to Bank
         wajib menyampaikan pemberitahuan tertulis              BTPN regarding the financing debt no later than
         terlebih dahulu kepada Bank BTPN                       one calendar day before the financing debt arises.
         sehubungan dengan utang pembiayaan
         tersebut selambat-lambatnya satu hari
         kalender    sebelum     timbulnya utang
         pembiayaan tersebut.




                                                       - 62 -
Page 67
PT INDO AMERICAN SEAFOODS Tbk                                                PT INDO AMERICAN SEAFOODS Tbk
DAN ENTITAS ANAK                                                                            AND ITS SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN                                        NOTES TO THE CONSOLIDATED FINANCIAL
KONSOLIDASIAN INTERIM (Lanjutan)                                              STATEMENTS INTERIM ( Continued)
Tanggal 30 September 2024 (Tidak Diaudit)                                     As of September 30, 2024 (Unaudited)
dan 31 Desember 2023 (Diaudit)                                                    and December 31, 2023 (Audited)
Serta untuk Periode Sembilan Bulan yang Berakhir              And for the Nine-Months Period and for the Period then
pada Tanggal 30 September 2024 dan 2023                                        Ended September 30, 2024 and 2023
(Tidak Diaudit)                                                                                          (Unaudited)
(Disajikan dalam Rupiah Penuh,                                                 (Expressed in Full Amount of Rupiah,
kecuali Dinyatakan Lain)                                                                   unless Otherwise Stated)

     b.) Utang Bank Jangka Panjang                                  b.) Long-Term Bank Loan
         Entitas Anak                                                   Subsidiary

                                     30 September 2024/        31 Desember 2023/
                                     September 30, 2024        December 31, 2023

         Bank BTPN:                                       -          3.807.894.064     Bank BTPN:
         Dikurangi:                                                                    Less:
         Bagian yang jatuh tempo                                                       Current maturities within
         dalam 1 (satu) Tahun                             -        (3.807.894.064)     1 (one) year
          Sub Jumlah                                      -                        -     Sub Total
          Jumlah                                          -                        -     Total

      Entitas Induk - Bank BTPN Indonesia                          Parent Entity Bank BTPN Indonesia

      Berdasarkan lampiran tanggal 1 November                      Based on agreement dated November 1, 2023,
      2023 PT Indo American Seafoods Tbk dan                       PT Indo American Seafoods Tbk and subsidiary
      entitas anak mendapatkan fasilitas pinjaman                  obtained a loan facility of USD 14,500,000 with the
      sebesar USD 14.500.000 dengan tujuan untuk                   aim of working capital needs such as financing the
      kebutuhan modal kerja seperti membiayai                      procurement of raw materials.
      pengadaan bahan baku.

      Dengan jangka waktu maksimum 12 bulan, dan                   With a maximum period of 12 months, and an
      suku bunga pertahun sebesar 6,75% dalam                      annual interest rate of 6.75% in USD and 8.50%
      USD dan sebesar 8,50% dalam IDR.                             in IDR.


      Jumlah Fasilitas Kredit yang diterima                        Amount of Credit Facilities received

        1) Fasilitas Omnibus Uncommited sebesar                      1) Uncommitted Omnibus Facility amounting
           USD 14.500.000 dengan sub-fasilitas                          to USD 14,500,000 with the following sub-
           sebagai berikut:                                             facilities:

           a. Sub-Fasilitas A: Pembiayaan Hutang                         a. Sub-Facility A: Account Payable
              Usaha (“APF”)                                                 Financing (“APF”)

              Berdasarkan      lampiran     tanggal                          Based     on    attachment     dated
              1   November      2023    Perusahaan                           November 1, 2023, the company
              mendapatkan fasilitas pinjaman dari                            obtained a loan facility from Bank
              Bank BTPN berupa Pembiayaan Hutang                             BTPN in the form of Accounts Payable
              Usaha    (“APF”)    dengan      plafon                         Financing (“APF”) with a maximum
              maksimum USD 14.500.000 atau setara                            ceiling of USD 14,500,000 or
              dengan Rp 223.532.000.000 pada                                 equivalent to Rp 223,532,000,000 on
              31 Desember 2023.                                              December 31, 2023.

              Tujuan penggunaan untuk membiayai                              The purpose of use is to finance the
              pengadaan bahan baku.                                          procurement of raw materials.

              Jangka waktu fasilitas kredit 6 bulan                          The term of the credit facility is 6
              terhitung sejak tanggal efektif kredit.                        months starting from the effective date
                                                                             of the credit.




                                                    - 63 -
Page 68
PT INDO AMERICAN SEAFOODS Tbk                                           PT INDO AMERICAN SEAFOODS Tbk
DAN ENTITAS ANAK                                                                       AND ITS SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN                                   NOTES TO THE CONSOLIDATED FINANCIAL
KONSOLIDASIAN INTERIM (Lanjutan)                                         STATEMENTS INTERIM ( Continued)
Tanggal 30 September 2024 (Tidak Diaudit)                                As of September 30, 2024 (Unaudited)
dan 31 Desember 2023 (Diaudit)                                               and December 31, 2023 (Audited)
Serta untuk Periode Sembilan Bulan yang Berakhir         And for the Nine-Months Period and for the Period then
pada Tanggal 30 September 2024 dan 2023                                   Ended September 30, 2024 and 2023
(Tidak Diaudit)                                                                                     (Unaudited)
(Disajikan dalam Rupiah Penuh,                                            (Expressed in Full Amount of Rupiah,
kecuali Dinyatakan Lain)                                                              unless Otherwise Stated)

           b. Sub-Fasilitas B: Pembiayaan Piutang                   b. Sub-Facility B: Account Receivable
              (“ARF”)                                                  Financing (“ARF”)

              Berdasarkan     lampiran     tanggal                      Based     on     attachment   dated
              1    November    2023    Perusahaan                       November 1, 2023 the company
              mendapatkan fasilitas pinjaman dari                       obtained a loan facility from Bank
              Bank BTPN berupa Pembiayaan                               BTPN in the form of Accounts
              Piutang Usaha (“ARF”) dengan plafon                       Receivable Financing ("ARF") with a
              maksimum USD 14.500.000 atau setara                       maximum ceiling of USD 14,500,000
              dengan Rp 223.532.000.000 pada                            or equivalent to Rp 223,532,000,000
              31 Desember 2023.                                         on December 31, 2023.

              Tujuan penggunaan untuk membiayai                         The purpose of use is to finance
              piutang.                                                  receivables.

              Jangka waktu fasilitas kredit 2 bulan                     The term of the credit facility is 2
              terhitung sejak tanggal efektif kredit.                   months starting from the effective date
                                                                        of the credit.

           c. Sub-Fasilitas C: Fasilitas      Kredit                c. Sub-Facility C: Revolving Credit
              Bergulir 1 (“RCF”)                                       Facility 1 (“RCF”)

              Berdasarkan    lampiran      tanggal                      Based     on    attachment         dated
              1   November    2023     Perusahaan                       November 1, 2023, the company
              mendapatkan fasilitas pinjaman dari                       obtained a loan facility from Bank
              Bank BTPN berupa Fasilitas Kredit                         BTPN         in       the           form
              Bergulir 1 (“RCF”) dengan plafon                          of Revolving Credit Facility 1 ("RCF")
              maksimum Rp 40.000.000.000 pada                           with   a    maximum        ceiling     of
              31 Desember 2023.                                         Rp 40,000,000,000 on December 31,
                                                                        2023.

              Tujuan      penggunaan      membiayai                     The purpose of use is to finance the
              pengadaan bahan baku dari pemasok                         procurement of raw materials from
              individu dan modal kerja umum.                            individual suppliers and general
                                                                        working capital.

              Jangka waktu fasilitas kredit 6 bulan                     The term of the credit facility is 6
              terhitung sejak tanggal efektif kredit.                   months starting from the effective date
                                                                        of the credit.

           d. Sub-Fasilitas D: Pre        Shipment                  d. Sub-Facility D: Pre            Shipment
              Financing (“PSF”) (Baru)                                 Financing (“PSF”) (New)

              Berdasarkan    lampiran      tanggal                      Based       on    attachment    dated
              1   November    2023     Perusahaan                       November 1, 2023, the company
              mendapatkan fasilitas pinjaman dari                       obtained a loan facility from Bank
              Bank BTPN berupa Pre Shipment                             BTPN in the form of Pre Shipment
              Financing (“PSF”) dengan plafon                           Financing (“PSF”) with a maximum
              maksimum USD 2.000.000 atau setara                        ceiling of USD 2,000,000 or equivalent
              dengan Rp 30.832.000.000 pada                             to      Rp     30,832,000,000       on
              31 Desember 2023                                          December 31, 2023.




                                                    - 64 -
Page 69
PT INDO AMERICAN SEAFOODS Tbk                                           PT INDO AMERICAN SEAFOODS Tbk
DAN ENTITAS ANAK                                                                       AND ITS SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN                                   NOTES TO THE CONSOLIDATED FINANCIAL
KONSOLIDASIAN INTERIM (Lanjutan)                                         STATEMENTS INTERIM ( Continued)
Tanggal 30 September 2024 (Tidak Diaudit)                                As of September 30, 2024 (Unaudited)
dan 31 Desember 2023 (Diaudit)                                               and December 31, 2023 (Audited)
Serta untuk Periode Sembilan Bulan yang Berakhir         And for the Nine-Months Period and for the Period then
pada Tanggal 30 September 2024 dan 2023                                   Ended September 30, 2024 and 2023
(Tidak Diaudit)                                                                                     (Unaudited)
(Disajikan dalam Rupiah Penuh,                                            (Expressed in Full Amount of Rupiah,
kecuali Dinyatakan Lain)                                                              unless Otherwise Stated)

              Tujuan penggunaan untuk membiayai                         The purpose of use is to finance the PO
              PO atau kontrak yang diterima.                            or contract received.

              Jangka waktu fasilitas kredit 6 bulan                     The term of the credit facility is 6
              terhitung sejak tanggal efektif kredit.                   months starting from the effective date
                                                                        of the credit.

        2) Pinjaman Berjangka berkomitmen 1                      2) Committed Term Loan 1

           Berdasarkan lampiran tanggal 1 November                   Based on attachment dated November 1,
           2023 Perusahaan mendapatkan fasilitas                     2023, the company received a loan facility
           pinjaman dari Bank BTPN berupa pinjaman                   from Bank BTPN in the form of a term
           berjangka dengan plafon maksimum                          loan with a maximum ceiling of
           Rp 5.100.000.000 pada 31 Desember                         Rp 5,100,000,000 on December 31, 2023.
           2023.

           Tujuan penggunaan untuk pengambilalihan                   The purpose of use is taking over Term
           Term Loan di bank eksisting.                              Loans at existing banks.

           Jangka waktu fasilitas kredit sesuai tenor                The term of the credit facility is in
           yang ada, dengan periode 3 bulan sejak                    accordance with the existing tenor, with a
           tanda tangan.                                             period of 3 months from signature.
           Jaminan atas fasilitas pinjaman ini adalah                The collateral for this loan facility is as
           sebagai adalah:                                           follows:

           PT Indo American Seafoods Tbk                             PT Indo American Seafoods Tbk

           1. Peralatan dan mesin-mesin dengan                       1. Equipment and machines with a value
              nilai   Rp   23.996.000.000    untuk                      of Rp 23,996,000,000 to be secured
              dijaminkan dengan jaminan fidusia                         with a fiduciary guarantee

           2. Satu (1) bidang tanah hak guna                         2. One (1) plot of land with building use
              bangunan yang terletak di Jl. Kemang                      rights located in Jl. Kemang Raya Ds.
              Raya Ds. Suka Negara Kec. Tanjung                         Suka Negara Kec. Tanjung Bintang
              Bintang Kab. Lampung Selatan,                             District. South Lampung, based on
              berdasarkan Sertipikat Hak Guna                           Building Use Rights Certificate
              Bangunan Nomor 238 seluas 15.912                          Number 238 covering an area of
              m2, berikut bangunan dan segala                           15,912 m2, including the building and
              sesuatu yang sekarang ada, senilai                        everything that currently exists, valued
              Rp 51.027.900.000                                         at Rp 51,027,900,000

           PT Indokom Samudra Persada (ISP)                          PT Indokom Samudra Persada (ISP)

           1. Piutang dengan nilai Rp 16.500.000.000                 1. Receivables with a value of
              dijaminkan dengan jaminan fidusia                         Rp 16,500,000,000 are secured by
                                                                        fiduciary guarantees
           2. Persediaan yang terletak di Tanjung                    2. Inventory located in Tanjung Bintang,
              Bintang Lampung Selatan dengan nilai                      South Lampung with a value of
              Rp 50.000.000.000.                                        Rp 50,000,000,000




                                                    - 65 -
Page 70
PT INDO AMERICAN SEAFOODS Tbk                                          PT INDO AMERICAN SEAFOODS Tbk
DAN ENTITAS ANAK                                                                      AND ITS SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN                                  NOTES TO THE CONSOLIDATED FINANCIAL
KONSOLIDASIAN INTERIM (Lanjutan)                                        STATEMENTS INTERIM ( Continued)
Tanggal 30 September 2024 (Tidak Diaudit)                               As of September 30, 2024 (Unaudited)
dan 31 Desember 2023 (Diaudit)                                              and December 31, 2023 (Audited)
Serta untuk Periode Sembilan Bulan yang Berakhir        And for the Nine-Months Period and for the Period then
pada Tanggal 30 September 2024 dan 2023                                  Ended September 30, 2024 and 2023
(Tidak Diaudit)                                                                                    (Unaudited)
(Disajikan dalam Rupiah Penuh,                                           (Expressed in Full Amount of Rupiah,
kecuali Dinyatakan Lain)                                                             unless Otherwise Stated)

           3. Peralatan dan mesin-mesin yang                        3. Equipment and machines located on
              terletak di Jl. Kemang Raya Lampung                      Jl. Kemang Raya Lampung Selatan
              Selatan Lampung dengan nilai Rp                          Lampung       with    a    value    of
              34.089.000.000     untuk    dijaminkan                   Rp 34,089,000,000 to be guaranteed
              dengan jaminan fidusia                                   with a fiduciary guarantee
           4. Mesin-mesin yang terletak di Tambak                   4. Machines located at Pondok Udang
              Udang Seribu, Ds. Gebang Lampung                         Seribu, Ds. Gebang Lampung with a
              dengan nilai Rp 10.170.000.000 untuk                     value of Rp 10,170,000,000 to be
              dijaminkan dengan jaminan fidusia                        guaranteed with a fiduciary guarantee
           5. Mesin-mesin yang terletak di Tambak                   5. Machines located at Gebang Shrimp
              Udang Gebang, Ds. Gebang Lampung                         Farm, Ds. Gebang Lampung with a
              dengan nilai Rp 1.400.000.000 untuk                      value of Rp 1,400,000,000 to be
              dijaminkan dengan jaminan fidusia                        guaranteed with a fiduciary guarantee

        Entitas Anak - Bank BTPN Indonesia                       Subsidiary - Bank BTPN Indonesia

       Berdasarkan lampiran perjanjian pinjaman No.             Based on loan agreement agreement
       BTPN/S/0153 tanggal 22 Agustus 2022 antara               No. BTPN/S/0153 dated August 22, 2022
       PT Indokom Samudra Persada dan PT Indo                   between PT Indokom Samudra Persada and
       American Seafoods Tbk dengan Bank BTPN                   PT Indo American Seafoods Tbk with Bank
       telah terjadi kesepakatan untuk mengadakan               BTPN, an agreement has been reached to hold
       Fasilitas   Gabungan     Pinjaman    sebesar             a Joint Loan Facility of USD9,000,000 and a
       USD9.000.000 dan Pinjaman Berjangka                      Term Loan of Rp 10,000,000,000.
       sebesar Rp 10.000.000.000.

       Berdasarkan lampiran perjanjian pinjaman No.             Based on loan agreement agreement No. 004
       004 tanggal 22 Agustus 2022 PT Indokom                   dated August 22, 2022, PT Indokom Samudra
       Samudra         Persada         mendapatkan              Persada obtained a term loan facility of
       fasilitas pinjaman     berjangka     sebesar             Rp 90,000,000,000 with the aim of working
       Rp 90.000.000.000 dengan tujuan untuk                    capital needs such as temporary bridging to
       kebutuhan modal kerja seperti bridging                   take over loans from the current bank
       sementara untuk mengambil alih pinjaman dari             (PT Mandiri (Persero) Tbk). With a maximum
       bank saat ini (PT Mandiri (Persero) Tbk).                period of 6 months, and an annual interest rate
       Dengan jangka waktu maksimum 6 bulan, dan                of 8.25%.
       suku bunga pertahun sebesar 8,25%.

       Berdasarkan lampiran perjanjian pinjaman                 Based on loan agreement agreement No. 008
       No. 008 tanggal 22 Agustus 2022 PT Indo                  dated August 22, 2022, PT Indo American
       American Seafoods Tbk mendapatkan fasilitas              Seafoods Tbk obtained a loan facility of
       pinjaman sebesar USD 3.000.000 dengan                    USD 3,000,000 with the aim of working capital
       tujuan untuk kebutuhan modal kerja seperti               needs such as financing the procurement of
       membiayai pengadaan bahan baku. Dengan                   raw materials. With a maximum period of 6
       jangka waktu maksimum 6 bulan, dan suku                  months, and an annual interest rate of 5.00%
       bunga pertahun sebesar 5,00% dalam USD                   in USD and 8.50% in IDR.
       dan sebesar 8,50% dalam IDR.




                                                   - 66 -
Page 71
PT INDO AMERICAN SEAFOODS Tbk                                           PT INDO AMERICAN SEAFOODS Tbk
DAN ENTITAS ANAK                                                                       AND ITS SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN                                   NOTES TO THE CONSOLIDATED FINANCIAL
KONSOLIDASIAN INTERIM (Lanjutan)                                         STATEMENTS INTERIM ( Continued)
Tanggal 30 September 2024 (Tidak Diaudit)                                As of September 30, 2024 (Unaudited)
dan 31 Desember 2023 (Diaudit)                                               and December 31, 2023 (Audited)
Serta untuk Periode Sembilan Bulan yang Berakhir         And for the Nine-Months Period and for the Period then
pada Tanggal 30 September 2024 dan 2023                                   Ended September 30, 2024 and 2023
(Tidak Diaudit)                                                                                     (Unaudited)
(Disajikan dalam Rupiah Penuh,                                            (Expressed in Full Amount of Rupiah,
kecuali Dinyatakan Lain)                                                              unless Otherwise Stated)

        Jumlah Fasilitas Kredit yang diterima                    Amount of Credit Facilities received

        1) Fasilitas Omnibus Uncommited sebesar                  1) Uncommitted Omnibus Facility amounting
           USD 9.000.000 dengan sub-fasilitas                       to USD 9,000,000 with the following sub-
           sebagai berikut:                                         facilities:

           a. Sub-Fasilitas A: Pembiayaan Hutang                     a. Sub-Facility A: Account Payable
              Usaha (“APF”)                                             Financing (“APF”)

              Berdasarkan lampiran No. BTPN/                            Based on attachment No. BTPN/S/0153
              S/0153 tanggal 22 Agustus 2022                            dated August 22, 2022, the company
              Perusahaan mendapatkan fasilitas                          obtained    a   loan   facility from
              pinjaman dari Bank BTPN berupa                            Bank BTPN in the form of Accounts
              Pembiayaan Hutang Usaha (“APF”)                           Payable Financing (“APF”) with a
              dengan    plafon   maksimum    USD                        maximum ceiling of USD 9,000,000 or
              9.000.000    atau   setara   dengan                       equivalent to Rp 141,579,000,000 on
              Rp 141.579.000.000 pada 31 Desember                       December 31, 2022.
              2022.

              Tujuan penggunaan untuk membiayai                         The purpose of use is to finance the
              pengadaan bahan baku.                                     procurement of raw materials.

              Jangka waktu fasilitas kredit 6 bulan                     The term of the credit facility is 6 months
              terhitung sejak tanggal efektif kredit.                   starting from the effective date of the
                                                                        credit.

           b. Sub-Fasilitas B: Pembiayaan Piutang                    b. Sub-Facility B: Account Receivable
               (“ARF”)                                                  Financing (“ARF”)

              Berdasarkan lampiran No. BTPN/                            Based on attachment no. BTPN/S/0153
              S/0153 tanggal 22 Agustus 2022                            dated August 22, 2022, the company
              Perusahaan mendapatkan fasilitas                          obtained a loan facility from Bank BTPN
              pinjaman dari Bank BTPN berupa                            in the form of Accounts Receivable
              Pembiayaan Piutang Usaha (“ARF”)                          Financing      ("ARF")         with   a
              dengan    plafon   maksimum    USD                        maximum ceiling of USD 9,000,000 or
              9,000,000    atau   setara   dengan                       equivalent to Rp 141,579,000,000 on
              Rp 141.579.000.000 pada 31 Desember                       December 31, 2022.
              2022.

              Tujuan penggunaan untuk membiayai                         The purpose of use is to finance
              piutang.                                                  receivables.

              Jangka waktu fasilitas kredit 2                           Credit facility term 2 (Combined tenor
              (Gabungan tenor dengan APF tidak                          with APF must not exceed 6 months).
              boleh lebih dari 6 bulan).




                                                    - 67 -
Page 72
PT INDO AMERICAN SEAFOODS Tbk                                            PT INDO AMERICAN SEAFOODS Tbk
DAN ENTITAS ANAK                                                                        AND ITS SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN                                    NOTES TO THE CONSOLIDATED FINANCIAL
KONSOLIDASIAN INTERIM (Lanjutan)                                          STATEMENTS INTERIM ( Continued)
Tanggal 30 September 2024 (Tidak Diaudit)                                 As of September 30, 2024 (Unaudited)
dan 31 Desember 2023 (Diaudit)                                                and December 31, 2023 (Audited)
Serta untuk Periode Sembilan Bulan yang Berakhir          And for the Nine-Months Period and for the Period then
pada Tanggal 30 September 2024 dan 2023                                    Ended September 30, 2024 and 2023
(Tidak Diaudit)                                                                                      (Unaudited)
(Disajikan dalam Rupiah Penuh,                                             (Expressed in Full Amount of Rupiah,
kecuali Dinyatakan Lain)                                                               unless Otherwise Stated)

           c. Sub-Fasilitas C: Fasilitas       Kredit                 c. Sub-Facility C: Revolving          Credit
              Bergulir 1 (“RCF”)                                         Facility 1 (“RCF”)

              Berdasarkan lampiran No. BTPN/                             Based on attachment No. BTPN/S/0153
              S/0153 tanggal 22 Agustus 2022                             dated August 22, 2022, the company
              Perusahaan mendapatkan fasilitas                           obtained a loan facility from Bank BTPN
              pinjaman     dari    Bank    BTPN                          in the form of Revolving Credit Facility 1
              berupa Fasilitas Kredit Bergulir 1                         ("RCF") with a maximum ceiling of
              (“RCF”) dengan plafon maksimum                             Rp 30,000,000,000 on December 31,
              Rp 30.000.000.000 pada 31 Desember                         2022.
              2022.

              Tujuan      penggunaan      membiayai                      The purpose of use is to finance the
              pengadaan bahan baku dari pemasok                          procurement of raw materials from
              individu dan modal kerja umum.                             individual suppliers dan general
                                                                         working capital.

              Jangka waktu fasilitas kredit 6 bulan                      The term of the credit facility is 6 months
              terhitung sejak tanggal efektif kredit.                    starting from the effective date of the
                                                                         credit.

           d. Sub-Fasilitas D: Fasilitas Kredit                       d. Sub-Facility D: Revolving          Credit
              Bergulir 2 (“RCF – Satu Kali”)                             Facility 2 (“RCF – One off”)

              Berdasarkan lampiran No. BTPN/S/                           Based on attachment No. BTPN/S/0153
              0153 tanggal 22 Agustus 2022                               dated August 22, 2022, the company
              Perusahaan mendapatkan fasilitas                           obtained a loan facility from Bank BTPN
              pinjaman dari Bank BTPN berupa                             in the form of Revolving Credit Facility 2
              Fasilitas Kredit Bergulir 2 (“RCF – Satu                   (“RCF – One Time”) with a maximum
              Kali”)   dengan     plafon maksimum                        ceiling of Rp 90,000,000,000 on
              Rp 90.000.000.000 pada 31 Desember                         December 31, 2022.
              2022.

              Tujuan penggunaan untuk mengambil                          The purpose of use is to take over loans
              alih pinjaman dari bank yang ada.                          from existing banks.

              Jangka waktu fasilitas kredit 6 bulan                      The term of the credit facility is 6 months
              terhitung sejak tanggal pengambilalihan.                   from the date of takeover.

        2) Pinjaman Berjangka                                     2) Committed Term Loan

           Berdasarkan lampiran No. BTPN/S/0153                       Based on attachment No. BTPN/S/0153
           tanggal 22 Agustus 2022 Perusahaan                         dated August 22, 2022, the company
           mendapatkan fasilitas pinjaman dari Bank                   received a loan facility from Bank BTPN in
           BTPN berupa pinjaman berjangka dengan                      the form of a term loan with a maximum
           plafon maksimum Rp 10.000.000.000 pada                     ceiling of Rp 10,000,000,000 on
           31 Desember 2022.                                          December 31, 2022.

           Tujuan penggunaan untuk pengambilalihan                    The purpose of use is take over Term
           Term Loan di bank eksisting.                               Loans at existing banks.

           Jangka waktu fasilitas kredit sesuai tenor                 The term of the credit facility is in
           yang ada, dengan periode 3 bulan sejak                     accordance with the existing tenor, with a
           tanda tangan.                                              period of 3 months from signature.


                                                     - 68 -
Page 73
PT INDO AMERICAN SEAFOODS Tbk                                            PT INDO AMERICAN SEAFOODS Tbk
DAN ENTITAS ANAK                                                                        AND ITS SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN                                    NOTES TO THE CONSOLIDATED FINANCIAL
KONSOLIDASIAN INTERIM (Lanjutan)                                          STATEMENTS INTERIM ( Continued)
Tanggal 30 September 2024 (Tidak Diaudit)                                 As of September 30, 2024 (Unaudited)
dan 31 Desember 2023 (Diaudit)                                                and December 31, 2023 (Audited)
Serta untuk Periode Sembilan Bulan yang Berakhir          And for the Nine-Months Period and for the Period then
pada Tanggal 30 September 2024 dan 2023                                    Ended September 30, 2024 and 2023
(Tidak Diaudit)                                                                                      (Unaudited)
(Disajikan dalam Rupiah Penuh,                                             (Expressed in Full Amount of Rupiah,
kecuali Dinyatakan Lain)                                                               unless Otherwise Stated)

           Jaminan atas fasilitas pinjaman ini adalah                 The collateral for this loan facility is as
           sebagai adalah:                                            follows:
            1. Tanah dan bangunan yang berlokasi di                  1. Land and buildings located on Jl. Ir.
               Jl. Ir. Sutami Km 12,5 Tanjung Bintang                     Sutami Km 12.5 Tanjung Bintang South
               Lampung Selatan.                                           Lampung.
            2. Mesin beserta perlengkapannya.                        2. Machines and equipment.
            3. Piutang          usaha         sebesar                3. Trade receivables amounting to
               Rp 16.500.000.000.                                         Rp 16,500,000,000.
            4. Persediaan yang ada digudang dengan                   4. Existing inventory is stored in the
               nilai sebesar Rp 50.000.000.000.                           warehouse     with    a    value     of
                                                                          Rp 50,000,000,000.
           5. Personal guarantee para pemegang                       5. Personal guarantee for shareholders.
              saham.

        Entitas Anak - Bank Mandiri Indonesia                      Subsidiary - Bank Mandiri Indonesia

        a. Fasilitas Kredit Investasi Refinancing                  a. Refinancing Investment Credit Facility
           (Baru)                                                     (New)

           Berdasarkan         Surat     Penawaran                    Based on the Credit Notification Offer
           Pemberitahuan Kredit (SPPK) Nomor:                         Letter          (SPPK)            Number:
           CM.1.PLB/SPPK/409                                          CM.1.PLB/SPPK/409/2019              dated
           /2019 tanggal 21 November 2019,                            November 21, 2019, the company
           Perusahaan memperoleh fasilitas kredit                     obtained a refinancing investment credit
           investasi refinancing (baru) dengan limit                  facility (new) with a credit limit of IDR
           kredit sebesar Rp17.000.000.000 dari                       17,000,000,000 from Bank Mandiri.
           Bank Mandiri.

           Tujuan penggunaan untuk pembiayaan                         The intended use is to refinance existing
           kembali aset eksisting bangunan kantor                     assets of office buildings and factories as
           dan pabrik serta mesin-mesin milik                         well as machinery belonging to the
           Perseroan.                                                 Company.

           Jangka waktu fasilitas kredit adalah 60                    The term of the credit facility is 60 months
           bulan lamanya dengan tingkat suku bunga                    with an interest rate on KI loans of 11% p.a.
           pinjaman KI adalah sebesar 11% p.a.                        Collateral is land and factory buildings as
           Agunan adalah tanah dan bangunan pabrik                    well as factory machinery/equipment
           serta mesin / perlengkapan pabrik yg                       located at Ir Sutami Km.13 Tanjung
           terletak di Ir sutami Km.13 Tanjung Bintang                Bintang, South Lampung Regency which is
           Kabupaten Lampung Selatan yang diikat                      tied to a fiduciary basis.
           secara fidusia.




                                                     - 69 -
Page 74
PT INDO AMERICAN SEAFOODS Tbk                                             PT INDO AMERICAN SEAFOODS Tbk
DAN ENTITAS ANAK                                                                         AND ITS SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN                                     NOTES TO THE CONSOLIDATED FINANCIAL
KONSOLIDASIAN INTERIM (Lanjutan)                                           STATEMENTS INTERIM ( Continued)
Tanggal 30 September 2024 (Tidak Diaudit)                                  As of September 30, 2024 (Unaudited)
dan 31 Desember 2023 (Diaudit)                                                 and December 31, 2023 (Audited)
Serta untuk Periode Sembilan Bulan yang Berakhir           And for the Nine-Months Period and for the Period then
pada Tanggal 30 September 2024 dan 2023                                     Ended September 30, 2024 and 2023
(Tidak Diaudit)                                                                                       (Unaudited)
(Disajikan dalam Rupiah Penuh,                                              (Expressed in Full Amount of Rupiah,
kecuali Dinyatakan Lain)                                                                unless Otherwise Stated)

        b. Kredit Modal Kerja (KMK)-1 Revolving                     b. Working    Capital  Credit           (KMK)-1
           USD Perpanjangan                                            Revolving USD Extension

           Berdasarkan       Surat   Pemberitahuan                     Based on the Notification Letter of
           Keputusan Kredit No. CM1.PLB/SPKK/                          Credit Decision No. CM1.PLB/SPKK/
           409/2019 tanggal 21 November 2019,                          409/2019 dated November 21, 2019, the
           Perusahaan memperoleh fasilitas pinjaman                    Company obtained a loan facility from
           dari Bank Mandiri Indonesia berupa                          Bank Mandiri Indonesia in the form of
           Fasilitias Kredit Modal Kerja-1 Revolving                   Credit Facility on Working Capital Credit-1
           USD      Perpanjangan    dengan    plafon                   Revolving USD extension with a maximum
           maksimum USD 2.500.000 atau setara                          plafond of USD 2,500,000 or equivalent Rp
           dengan Rp 39.327.500.000 dan Rp                             39,327,500,000 and Rp 35,672,525,000 as
           35.672.525.000 pada 31 Desember 2022                        of December 31, 2022 and 2021.
           dan 2021.

           Tujuan penggunaan untuk tambahan                            The purpose of use is to additional working
           modal kerja pengolahan dan perdagangan                      capital for shrimp processing and trading.
           udang.

           Jangka waktu fasilitas kredit adalah 3 bulan                The term of the credit facility is 3 months
           terhitung sejak tanggal efektif fasilitas                   from the effective date of the credit
           kredit. Suku bunga 6,35% per tahun dan                      facility. Interest rate is 6.35% per annum
           dibayar setiap bulan.                                       and is paid monthly.

        c. Kredit Modal Kerja (KMK)-2 Revolving                     c. Working    Capital   Credit          (KMK)-2
           IDR Perpanjangan                                            Revolving IDR Extension

           Berdasarkan     Surat     Pemberitahuan                     Based on Credit Decision Notification
           Keputusan            Kredit          No.                    Letter No. CM1.PLB/SPPK/276/2021
           CM1.PLB/SPPK/276/2021 tanggal 10                            dated September 10, 2021, the Company
           September        2021,      Perusahaan                      obtained a loan facility from Bank Mandiri
           memperoleh fasilitas pinjaman dari Bank                     Indonesia in the form of an Extended
           Mandiri Indonesia berupa Fasilitas Kredit                   Working Capital Credit Facility (KMK)-2
           Modal Kerja (KMK)-2 Revolving IDR                           Revolving IDR with a credit limit of Rp
           Perpanjangan dengan limit kredit Rp                         27,250,000,000.
           27.250.000.000.

           Tujuan penggunaan untuk tambahan                            The purpose of use is to additional working
           modal kerja pengolahan dan perdagangan                      capital for shrimp processing and trading.
           udang.

           Jangka waktu fasilitas kredit adalah 3 bulan                The term of the credit facility is 3 months
           terhitung sejak tanggal efektif fasilitas                   from the effective date of the credit facility.
           kredit. Suku bunga 9,34% per tahun dan                      The interest rate is 9.34% per year and is
           dibayar setiap bulan.                                       paid every month.




                                                      - 70 -
Page 75
PT INDO AMERICAN SEAFOODS Tbk                                             PT INDO AMERICAN SEAFOODS Tbk
DAN ENTITAS ANAK                                                                         AND ITS SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN                                     NOTES TO THE CONSOLIDATED FINANCIAL
KONSOLIDASIAN INTERIM (Lanjutan)                                           STATEMENTS INTERIM ( Continued)
Tanggal 30 September 2024 (Tidak Diaudit)                                  As of September 30, 2024 (Unaudited)
dan 31 Desember 2023 (Diaudit)                                                 and December 31, 2023 (Audited)
Serta untuk Periode Sembilan Bulan yang Berakhir           And for the Nine-Months Period and for the Period then
pada Tanggal 30 September 2024 dan 2023                                     Ended September 30, 2024 and 2023
(Tidak Diaudit)                                                                                       (Unaudited)
(Disajikan dalam Rupiah Penuh,                                              (Expressed in Full Amount of Rupiah,
kecuali Dinyatakan Lain)                                                                unless Otherwise Stated)

           Perjanjian ini telah beberapa kali                          This loan had been extended several
           mengalami perpanjangan, terakhir adalah                     times,the latest is based on agreement the
           perjanjian       berdasarkan       Surat                    Notification Letter of Credit Decision No.
           Pemberitahuan      Keputusan Kredit No.                     CM1.PLB/SPKK/          409/2019      dated
           CM1.PLB/SPKK/ 409/2019 tanggal 21                           November 21, 2019, the Company
           November 2019, Perusahaan memperoleh                        obtained a loan facility from Bank Mandiri
           fasilitas pinjaman dari PT Bank Mandiri                     Indonesia in the form of Credit Facility on
           Indonesia berupa Fasilitas Kredit atas                      Working Capital Credit-2 Revolving IDR
           Kredit Modal Kerja (KMK)-2 Revolving IDR                    extension with a credit limit of
           Perpanjangan      dengan    limit  kredit                   Rp 4,250,000,000.
           Rp 4.250.000.000.

           Tujuan penggunaan untuk tambahan                            The purpose of use is to additional working
           modal kerja pengolahan dan perdagangan                      capital for shrimp processing and trading.
           udang.

           Jangka waktu fasilitas kredit adalah 3 bulan                The term of the credit facility is 3 months
           terhitung sejak tanggal efektif fasilitas                   from the effective date of the credit facility.
           kredit. Suku bunga 9,34% per tahun dan                      Interest rate is 9.34% per annum and is
           dibayar setiap bulan.                                       paid monthly

        d. Treasury Line (TL)-Perpanjangan                          d. Treasury Line (TL)-Extension

           Berdasarkan     Surat   Pemberitahuan                       Based on the Notification Letter of Credit
           Keputusan Kredit No. CM1.PLB/SPKK/                          Decision No. CM1.PLB/SPKK/ 409/2019
           409/2019 tanggal 21 November 2019,                          dated November 21, 2019 the Company
           Perusahaan memperoleh fasilitas pinjaman                    obtained a loan facility from Bank Mandiri
           dari Bank Mandiri Indonesia berupa                          Indonesia in the form of a Treasury Line
           Fasilitas Kredit Treasury Line (TL)-                        (TL)-Extension Facility with a maximum
           Perpanjangan dengan plafon maksimum                         plafond       of        USD       500,000
           USD 500.000,    atau  setara      dengan                    or equivalent Rp 7,865,500,000 and
           Rp 7.865.500.000 dan Rp 7.134.505.000                       Rp 7,134,505,000 as of December 31,
           pada 31 Desember 2022 dan 2021.                             2022 and 2021.

           Tujuan penggunaan untuk menguragi                           The purpose of use is to decrease the risk
           resiko kerugian akibat fluktuasi nilai tukar                of loss due to fluctuations in foreign
           mata uang asing dan meng-hedge hasil                        currency exchange rates and to hedge the
           transaksi ekspor udang PT Indokom                           results                                   of
           Samudra Persada terhadap risiko kerugian                    PT Indokom Samudra Persada shrimp
           akibat fluktuasi kurs USD/IDR.                              export transactions against the risk of loss
                                                                       due to fluctuations in the USD/IDR
                                                                       exchange rate.

           Jangka waktu fasilitas kredit adalah 3 bulan                The term of the credit facility is 3 months
           terhitung sejak tanggal efektif fasilitas                   from the effective date of the credit
           kredit.                                                     facility.




                                                      - 71 -
Page 76
PT INDO AMERICAN SEAFOODS Tbk                                               PT INDO AMERICAN SEAFOODS Tbk
DAN ENTITAS ANAK                                                                           AND ITS SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN                                       NOTES TO THE CONSOLIDATED FINANCIAL
KONSOLIDASIAN INTERIM (Lanjutan)                                             STATEMENTS INTERIM ( Continued)
Tanggal 30 September 2024 (Tidak Diaudit)                                    As of September 30, 2024 (Unaudited)
dan 31 Desember 2023 (Diaudit)                                                   and December 31, 2023 (Audited)
Serta untuk Periode Sembilan Bulan yang Berakhir             And for the Nine-Months Period and for the Period then
pada Tanggal 30 September 2024 dan 2023                                       Ended September 30, 2024 and 2023
(Tidak Diaudit)                                                                                         (Unaudited)
(Disajikan dalam Rupiah Penuh,                                                (Expressed in Full Amount of Rupiah,
kecuali Dinyatakan Lain)                                                                  unless Otherwise Stated)

        e. Bill   Purchasing           Line      (BPL)-               e. Bill Purchasing Line (BPL)- Extension
           Perpanjangan

           Berdasarkan     Surat    Pemberitahuan                        Based on the Notification Letter of Credit
           Keputusan Kredit No. CM1.PLB/SPKK/                            Decision No. CM1.PLB/SPKK/ 409/2019
           409/2019 tanggal 21 November 2019,                            dated November 21, 2019 the Company
           Perusahaan memperoleh fasilitas pinjaman                      obtained a loan facility from Bank Mandiri
           dari Bank Mandiri Indonesia berupa                            Indonesia in the form of Bill Purchasing
           Fasilitas Bill Purchasing Line (BPL)-                         Line (BPL)- Extension Facility with a
           Perpanjangan dengan plafon maksimum                           maximum plafond of USD 1,000,000 or
           USD 1.000.000, atau setara dengan                             equivalent Rp 15,731,000.000 and Rp
           Rp 15.731.000.000 dan Rp 14.269.010.000                       14,269,010,000 as of December 31, 2022
           pada 31 Desember 2022 dan 2021.                               and 2021.

           Tujuan penggunaan percepatan masuknya                         The purpose of use is to acceleration of the
           dana tagihan piutang dagang PT Indokom                        entry of funds for PT Indokom Samudra
           Samudra Persada.                                              Persada accounts receivable bills.

           Jangka waktu fasilitas kredit 3 bulan                         The term of the credit facility is 3 month
           terhitung sejak tanggal efektif kredit.                       from the effective date of the loan.

           Biaya-biaya yang timbul dari perjanjian                       The costs arising from the credit
           kredit di atas adalah biaya provisi 0,25%                     agreement above are provision fee of
           dan denda 3% dari suku bunga kredit.                          0.25% and penalty of 3% from credit
                                                                         interest rates.

           Jaminan atas fasilitas tersebut di       atas                 Collateral for the foregoing facilities are as
           adalah sebagai berikut:                                       follows:
           a. Tanah                                                      a. Land
              1. Tanah dan bangunan pabrik yang                             1. Land and factory buildings located
                 terletak di Jl. Ir. Sutami Km. 13 Desa                        on Jl. Ir. Sutami Km. 13 Sukanegara
                 Sukanegara Kec. Tanjung Bintan                                Village District. Tanjung Bintan
                 Kab. Lampung Selatan, yang terdiri                            District. South Lampung, which
                 dari SHM No. 112 dan SHM No. 151                              consists of SHM No. 112 and SHM
                 atas nama Usman Saleh telah diikat                            No. 151 in the name of Usman Saleh
                 Hak         Tanggungan           senilai                      has been tied to a mortgage worth
                 Rp 18.371.000.000.                                            Rp 18,371,000,000.

             2. Tanah dan bangunan pabrik yang                               2. Land and factory buildings located
                terletak di Jl. Ir. Sutami Km. 13 Desa                          on Jl. Ir. Sutami Km. 13 Sukanegara
                Sukanegara Kec. Tanjung Bintan                                  Village District. Tanjung Bintan
                Kab. Lampung Selatan, yang terdiri                              District. South Lampung, which
                dari SHM No. 1867 dan SHM No.                                   consists of SHM No. 1867 and SHM
                1868 atas nama Saimi Saleh telah                                No. 1868 in the name of Saimi Saleh
                diikat Hak Tanggungan senilai                                   has been tied to a mortgage worth
                Rp 17.505.000.000.                                              Rp 17,505,000,000.




                                                        - 72 -
Page 77
PT INDO AMERICAN SEAFOODS Tbk                                            PT INDO AMERICAN SEAFOODS Tbk
DAN ENTITAS ANAK                                                                        AND ITS SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN                                    NOTES TO THE CONSOLIDATED FINANCIAL
KONSOLIDASIAN INTERIM (Lanjutan)                                          STATEMENTS INTERIM ( Continued)
Tanggal 30 September 2024 (Tidak Diaudit)                                 As of September 30, 2024 (Unaudited)
dan 31 Desember 2023 (Diaudit)                                                and December 31, 2023 (Audited)
Serta untuk Periode Sembilan Bulan yang Berakhir          And for the Nine-Months Period and for the Period then
pada Tanggal 30 September 2024 dan 2023                                    Ended September 30, 2024 and 2023
(Tidak Diaudit)                                                                                      (Unaudited)
(Disajikan dalam Rupiah Penuh,                                             (Expressed in Full Amount of Rupiah,
kecuali Dinyatakan Lain)                                                               unless Otherwise Stated)

             3. Tanah kosong di Desa Sukanegara                           3. Land in Sukanegara Village, District.
                Kec. Tanjung Bintan Kab. Lampung                             Tanjung Bintan District. South
                Selatan, yang terdiri dari SHM No.                           Lampung, which consists of SHM
                1869 dan SHM No. 1870 atas nama                              No. 1869 and SHM No. 1870 in the
                Saimi Saleh telah diikat Hak                                 name of Saimi Saleh has been tied
                Tanggungan                   senilai                         to   a    mortgage     worth     Rp
                Rp 184.000.000.                                              184,000,000.

             4. Tanah kosong di Jl. Ir. Sutami Km. 13                     4. Land on Jl. Ir. Sutami Km. 13
                Desa Sukanegara Kec. Tanjung                                 Sukanegara       Village   District.
                Bintan Kab. Lampung Selatan, yang                            Tanjung Bintan District. South
                terdiri dari SHM No. 775 atas nama                           Lampung, which consists of SHM
                Saimi Saleh telah diikat Hak                                 No. 775 in the name of Saimi Saleh
                Tanggungan                     senilai                       has been tied to a mortgage worth
                Rp 2.247.000.000.                                            Rp 2,247,000,000.

             5. Tanah tambak dan bangunan terletak                        5. The pond land & buildings are
                di Desa Gebang Kec. Padang Cermin                            located in Gebang Village, Kec.
                dengan SHM No. 36/PC atas nama                               Padang Cermin with SHM No.
                Ishak Saleh telah diikat Hak                                 36/PC in the name of Ishak Saleh
                Tanggungan        senilai      Rp                            has been tied to a mortgage worth
                1.800.000.000.                                               Rp 1,800,000,000.

             6. Tanah tambak dan bangunan terletak                        6. The pond land and buildings are
                di Desa Gebang Kec. Padang Cermin                            located in Gebang Village, Kec.
                yang terdiri dari SHM No 153, 154,                           Padang Cermin which consists of
                156, 157, 159, 160 dan 161, 174, 177,                        SHM No. 153, 154, 156, 157, 159,
                178 atas nama Usman Saleh, SHM                               160 and 161, 174, 177, 178 in the
                No 155, 158, 162, 175, 176 atas nama                         name of Usman Saleh, SHM No.
                Saimi Saleh, SHM No 164 atas                                 155, 158, 162, 175, 176 in the name
                nama Rico Damona Usman, telah                                of Saimi Saleh, SHM No. 164 in the
                diikat Hak Tanggungan sebesar                                name of Rico Damona Usman, has
                Rp 32.260.000.000.                                           been tied to a mortgage of
                                                                             Rp 32,260,000,000.
             7. Tanah tambak dan bangunan terletak
                di Desa Sumber Nadi Kec. Ketapang,                        7. The pond land and buildings are
                Kab. Lampung Selatan, yang terdiri                           located in Sumber Nadi Village, Kec.
                dari SHM No 14, 97 dan 147 atas                              Ketapang, Kab. South Lampung,
                nama Ishak Saleh, SHM No. 32, 126                            consisting of SHM No. 14, 97 and
                dan 158 atas nama Ismit Saleh, SHM                           147 in the name of Ishak Saleh,
                No 141 dan 162 atas nama Maisaroh,                           SHM No. 32, 126 and 158 in the
                SHM No 170 dan 201 atas nama Rian                            name of Ismit Saleh, SHM
                Yonanda SHM No. 23, 134 dan 176                              No. 141 and 162 in the name of
                atas nama Rico Damona Usman,                                 Maisaroh, SHM No. 170 and 201 in
                SHM No 40 dan;                                               the name of Rian Yonanda SHM No.
                                                                             23, 134 and 176 in the name of Rico
                                                                             Damona Usman, SHM No. 40 and;




                                                     - 73 -
Page 78
PT INDO AMERICAN SEAFOODS Tbk                                          PT INDO AMERICAN SEAFOODS Tbk
DAN ENTITAS ANAK                                                                      AND ITS SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN                                  NOTES TO THE CONSOLIDATED FINANCIAL
KONSOLIDASIAN INTERIM (Lanjutan)                                        STATEMENTS INTERIM ( Continued)
Tanggal 30 September 2024 (Tidak Diaudit)                               As of September 30, 2024 (Unaudited)
dan 31 Desember 2023 (Diaudit)                                              and December 31, 2023 (Audited)
Serta untuk Periode Sembilan Bulan yang Berakhir        And for the Nine-Months Period and for the Period then
pada Tanggal 30 September 2024 dan 2023                                  Ended September 30, 2024 and 2023
(Tidak Diaudit)                                                                                    (Unaudited)
(Disajikan dalam Rupiah Penuh,                                           (Expressed in Full Amount of Rupiah,
kecuali Dinyatakan Lain)                                                             unless Otherwise Stated)

                117 atas nama Rima Rahmawati,                             117 in the name of Rima Rahmawati,
                SHM No 47, 88, 105 dan 185 atas                           SHM No. 47, 88, 105 and 185 in the
                nama Sustinah, SHM No 71 dan 80                           name of Sustinah, SHM No. 71 and
                atas nama Usman Saleh, SHM No. 63                         80 in the name of Usman Saleh,
                atas nama Yubahar, SHM No 56 dan                          SHM No. 63 in the name of Yubahar,
                194 atas nama Yusnaya Adisti telah                        SHM No. 56 and 194 in the name of
                diikat Hak Tanggungan dangan nilai                        Yusnaya Adisti have secured
                sebesar Rp 26.505.000.000.                                mortgage rights with a value of
                                                                          Rp 26,505,000,000.
             8. Tanah kosong terletak di kelurahan
                Campang Raya, Kec. Sukabumi,                            8. The land is located in the Campang
                Bandar Lampung dengan SHM                                  Raya sub-district, Kec. Sukabumi,
                No 40/CR atas nama Usman Saleh                             Bandar Lampung with SHM No.
                telah diikat Hak Tanggungan dengan                         40/CR in the name of Usman Saleh
                nilai sebesar Rp 1.250.000.000.                            has been tied to a mortgage with a
                                                                           value of Rp 1,250,000,000.

           Entitas Anak - Bank BTPN Indonesia                       Subsidary - Bank BTPN Indonesia

           Berdasarkan lampiran tanggal 1 November                  Based on agreement dated November 1,
           2023 PT Indo American Seafoods Tbk dan                   2023, PT Indo American Seafoods Tbk
           Entitas Anak mendapatkan fasilitas                       and subsidiaryobtained a loan facility of
           pinjaman sebesar USD 14.5000.000                         USD 14,500,000 with the aim of working
           dengan tujuan untuk kebutuhan modal                      capital needs such as financing the
           kerja seperti membiayai pengadaan bahan                  procurement of raw materials. With a
           baku. Dengan jangka waktu maksimum 12                    maximum period of 12 months, and an
           bulan, dan suku bunga pertahun sebesar                   annual interest rate of 6.75% in USD and
           6,75% dalam USD dan sebesar 8,50%                        8.50% in IDR.
           dalam IDR.

           Jumlah Fasilitas Kredit yang diterima                    Amount of Credit Facilities received

           1) Fasilitas Omnibus Uncommited sebesar                  1) Uncommitted        Omnibus  Facility
              USD 14.500.000 dengan sub-fasilitas                      amounting to USD 14,500,000 with the
              sebagai berikut:                                         following sub-facilities:

              a. Sub-Fasilitas  A:   Pembiayaan                         a. Sub-Facility A: Account Payable
                 Hutang Usaha (“APF”)                                      Financing (“APF”)

                 Berdasarkan    lampiran     tanggal                       Based on attachment dated
                 1 November 2023 Perusahaan                                November 1, 2023, the company
                 mendapatkan fasilitas pinjaman dari                       obtained a loan facility from Bank
                 Bank BTPN berupa Pembiayaan                               BTPN in the form of Accounts
                 Hutang Usaha (“APF”) dengan plafon                        Payable Financing (“APF”) with a
                 maksimum USD 14.500.000 atau                              maximum      ceiling     of   USD
                 setara dengan Rp 223.532.000.000                          14,500,000 or equivalent to Rp
                 pada 31 Desember 2023.                                    223,532,000,000 on December 31,
                                                                           2023.

                 Tujuan     penggunaan      untuk                          The purpose of use is to finance the
                 membiayai pengadaan bahan baku.                           procurement of raw materials.




                                                   - 74 -
Page 79
PT INDO AMERICAN SEAFOODS Tbk                                              PT INDO AMERICAN SEAFOODS Tbk
DAN ENTITAS ANAK                                                                          AND ITS SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN                                      NOTES TO THE CONSOLIDATED FINANCIAL
KONSOLIDASIAN INTERIM (Lanjutan)                                            STATEMENTS INTERIM ( Continued)
Tanggal 30 September 2024 (Tidak Diaudit)                                   As of September 30, 2024 (Unaudited)
dan 31 Desember 2023 (Diaudit)                                                  and December 31, 2023 (Audited)
Serta untuk Periode Sembilan Bulan yang Berakhir            And for the Nine-Months Period and for the Period then
pada Tanggal 30 September 2024 dan 2023                                      Ended September 30, 2024 and 2023
(Tidak Diaudit)                                                                                        (Unaudited)
(Disajikan dalam Rupiah Penuh,                                               (Expressed in Full Amount of Rupiah,
kecuali Dinyatakan Lain)                                                                 unless Otherwise Stated)

                 Jangka waktu fasilitas kredit 6 bulan                         The term of the credit facility is 6
                 terhitung sejak tanggal efektif kredit.                       months starting from the effective
                                                                               date of the credit.

              b. Sub-Fasilitas   B:       Pembiayaan                    b. Sub-Facility B: Account Receivable
                 Piutang (“ARF”)                                           Financing (“ARF”)

                 Berdasarkan     lampiran    tanggal                           Based on attachment dated
                 1 November 2023 Perusahaan                                    November 1, 2023 the company
                 mendapatkan fasilitas pinjaman dari                           obtained a loan facility from Bank
                 Bank BTPN berupa Pembiayaan                                   BTPN in the form of Accounts
                 Piutang Usaha (“ARF”) dengan                                  Receivable Financing ("ARF") with
                 plafon maksimum USD 14.500.000                                a      maximum        ceiling   of
                 atau     setara     dengan      Rp                            USD 14,500,000 or equivalent to
                 223.532.000.000 pada 31 Desember                              Rp 223,532,000,000              on
                 2023.                                                         December 31, 2023.
                 Tujuan      penggunaan        untuk                           The purpose of use is to finance
                 membiayai piutang.                                            receivables.

                 Jangka waktu fasilitas kredit 2 bulan                         The term of the credit facility is 2
                 terhitung sejak tanggal efektif kredit.                       months starting from the effective
                                                                               date of the credit.

              c. Sub-Fasilitas C: Fasilitas Kredit                      c. Sub-Facility C: Revolving Credit
                 Bergulir 1 (“RCF”)                                        Facility 1 (“RCF”)

                 Berdasarkan    lampiran     tanggal                           Based on attachment dated
                 1 November 2023 Perusahaan                                    November 1, 2023, the company
                 mendapatkan fasilitas pinjaman dari                           obtained a loan facility from Bank
                 Bank BTPN berupa Fasilitas Kredit                             BTPN in the form of Revolving
                 Bergulir 1 (“RCF”) dengan plafon                              Credit Facility 1 ("RCF") with a
                 maksimum Rp 40.000.000.000 pada                               maximum           ceiling       of
                 31 Desember 2023.                                             Rp 40,000,000,000 on December
                                                                               31, 2023.

                 Tujuan penggunaan membiayai                                   The purpose of use is to finance the
                 pengadaan    bahan   baku   dari                              procurement of raw materials from
                 pemasok individu dan modal kerja                              individual suppliers and general
                 umum.                                                         working capital.

                 Jangka waktu fasilitas kredit 6 bulan                         The term of the credit facility is 6
                 terhitung sejak tanggal efektif kredit.                       months starting from the effective
                                                                               date of the credit.

              d. Sub-Fasilitas D: Pre Shipment                          d. Sub-Facility D: Pre          Shipment
                 Financing (“PSF”) (Baru)                                  Financing (“PSF”) (New)

                 Berdasarkan   lampiran      tanggal                           Based on attachment dated
                 1 November 2023 Perusahaan                                    November 1, 2023, the company
                 mendapatkan fasilitas pinjaman dari                           obtained a loan facility from Bank
                 Bank BTPN berupa Pre Shipment                                 BTPN in the form of Pre Shipment
                 Financing (“PSF”) dengan plafon                               Financing (“PSF”) with a maximum
                 maksimum USD 2.000.000 atau                                   ceiling                         of


                                                       - 75 -
Page 80
PT INDO AMERICAN SEAFOODS Tbk                                              PT INDO AMERICAN SEAFOODS Tbk
DAN ENTITAS ANAK                                                                          AND ITS SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN                                      NOTES TO THE CONSOLIDATED FINANCIAL
KONSOLIDASIAN INTERIM (Lanjutan)                                            STATEMENTS INTERIM ( Continued)
Tanggal 30 September 2024 (Tidak Diaudit)                                   As of September 30, 2024 (Unaudited)
dan 31 Desember 2023 (Diaudit)                                                  and December 31, 2023 (Audited)
Serta untuk Periode Sembilan Bulan yang Berakhir            And for the Nine-Months Period and for the Period then
pada Tanggal 30 September 2024 dan 2023                                      Ended September 30, 2024 and 2023
(Tidak Diaudit)                                                                                        (Unaudited)
(Disajikan dalam Rupiah Penuh,                                               (Expressed in Full Amount of Rupiah,
kecuali Dinyatakan Lain)                                                                 unless Otherwise Stated)

                 setara dengan Rp 30.832.000.000                               USD 2,000,000 or equivalent to
                 pada 31 Desember 2023.                                        Rp 30,832,000,000 on December
                                                                               31, 2023.

                 Tujuan       penggunaan          untuk                        The purpose of use is to finance the
                 membiayai PO atau kontrak yang                                PO or contract received.
                 diterima.
                 Jangka waktu fasilitas kredit 6 bulan                         The term of the credit facility is 6
                 terhitung sejak tanggal efektif kredit.                       months starting from the effective
                                                                               date of the credit.

           2) Pinjaman Berjangka berkomitmen 1                      2) Committed Term Loan 1

              Berdasarkan      lampiran     tanggal                     Based on attachment dated November 1,
              1 November      2023      Perusahaan                      2023, the company received a loan facility
              mendapatkan fasilitas pinjaman dari                       from Bank BTPN in the form of a term
              Bank BTPN berupa pinjaman berjangka                       loan with a maximum ceiling of
              dengan        plafon       maksimum                       Rp 5,100,000,000 on December 31, 2023.
              Rp 5.100.000.000 pada 31 Desember
              2023.
              Tujuan       penggunaan         untuk                     The purpose of use is taking over Term
              pengambilalihan Term Loan di bank                         Loans at existing banks.
              eksisting.

              Jangka waktu fasilitas kredit sesuai                      The term of the credit facility is in
              tenor yang ada, dengan periode 3 bulan                    accordance with the existing tenor, with a
              sejak tanda tangan.                                       period of 3 months from signature.

              Jaminan atas fasilitas pinjaman ini                       The collateral for this loan facility is as
              adalah sebagai adalah:                                    follows:

              PT Indo American Seafoods Tbk                             PT Indo American Seafoods Tbk

              1. Peralatan dan mesin-mesin dengan                       1. Equipment and machines with a value
                 nilai Rp 23.996.000.000 untuk                             of Rp 23,996,000,000 to be secured
                 dijaminkan dengan jaminan fidusia                         with a fiduciary guarantee
              2. Satu (1) bidang tanah hak guna                         2. One (1) plot of land with building use
                 bangunan yang terletak di Jl.                             rights located in Jl. Kemang Raya Ds.
                 Kemang Raya Ds. Suka Negara                               Suka Negara Kec. Tanjung Bintang
                 Kec.     Tanjung   Bintang    Kab.                        District. South Lampung, based on
                 Lampung Selatan, berdasarkan                              Building Use Rights Certificate Number
                 Sertipikat Hak Guna Bangunan                              238 covering an area of 15,912 m2,
                 Nomor 238 seluas 15.912 m2,                               including the building and everything
                 berikut bangunan dan segala                               that currently exists, valued at
                 sesuatu yang sekarang ada, senilai                        Rp 51,027,900,000
                 Rp 51.027.900.000

              PT Indokom Samudra Persada                                PT Indokom Samudra Persada

              1. Piutang        dengan         nilai                    1. Receivables     with a value  of
                 Rp 16.500.000.000      dijaminkan                         Rp 16,500,000,000 are secured by
                 dengan jaminan fidusia                                    fiduciary guarantees


                                                       - 76 -
Page 81
PT INDO AMERICAN SEAFOODS Tbk                                                PT INDO AMERICAN SEAFOODS Tbk
DAN ENTITAS ANAK                                                                            AND ITS SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN                                        NOTES TO THE CONSOLIDATED FINANCIAL
KONSOLIDASIAN INTERIM (Lanjutan)                                              STATEMENTS INTERIM ( Continued)
Tanggal 30 September 2024 (Tidak Diaudit)                                     As of September 30, 2024 (Unaudited)
dan 31 Desember 2023 (Diaudit)                                                    and December 31, 2023 (Audited)
Serta untuk Periode Sembilan Bulan yang Berakhir              And for the Nine-Months Period and for the Period then
pada Tanggal 30 September 2024 dan 2023                                        Ended September 30, 2024 and 2023
(Tidak Diaudit)                                                                                          (Unaudited)
(Disajikan dalam Rupiah Penuh,                                                 (Expressed in Full Amount of Rupiah,
kecuali Dinyatakan Lain)                                                                   unless Otherwise Stated)

               2. Persediaan yang terletak di Tanjung                         2. Inventory located in Tanjung Bintang,
                  Bintang Lampung Selatan dengan                                 South Lampung with a value of
                  nilai Rp 50.000.000.000                                        Rp 50,000,000,000
               3. Peralatan dan mesin-mesin yang                              3. Equipment and machines located on Jl.
                  terletak di Jl. Kemang Raya                                    Kemang Raya Lampung Selatan
                  Lampung Selatan Lampung dengan                                 Lampung        with   a    value    of
                  nilai Rp 34.089.000.000 untuk                                  Rp 34,089,000,000 to be guaranteed
                  dijaminkan dengan jaminan fidusia                              with a fiduciary guarantee
               4. Mesin-mesin yang terletak di                                4. Machines located at Pondok Udang
                  Tambak Udang Seribu, Ds. Gebang                                Seribu, Ds. Gebang Lampung with a
                  Lampung       dengan    nilai    Rp                            value of Rp 10,170,000,000 to be
                  10.170.000.000 untuk dijaminkan                                guaranteed with a fiduciary guarantee
                  dengan jaminan fidusia
               5. Mesin-mesin yang terletak di                                5. Machines located at Gebang Shrimp
                  Tambak Udang Gebang, Ds.                                       Farm, Ds. Gebang Lampung with a
                  Gebang Lampung dengan nilai Rp                                 value of Rp 1,400,000,000 to be
                  1.400.000.000 untuk dijaminkan                                 guaranteed with a fiduciary guarantee
                  dengan jaminan fidusia


19. LIABILITAS IMBALAN PASCAKERJA                                 19.   POST - EMPLOYMENT BENEFITS LIABILITIES

     Besarnya imbalan kerja jangka panjang dihitung                     The amount of long-term employee benefits is
     berdasarkan peraturan yang berlaku, yakni                          calculated based on the applicable regulations,
     Undang-Undang No. 11 tahun 2020 tentang                            namely Law no. 11 of 2020 concerning "Creating
     “Cipta Kerja”. Tidak terdapat pendanaan khusus                     Work". There is no special funding set aside in
     yang disisihkan sehubungan dengan imbalan                          connection with the long-term employee benefits.
     kerja jangka panjang tersebut. Perhitungan                         The calculation of post-employment benefits is
     imbalan pascakerja dihitung oleh aktuaris                          calculated by independent actuary Marcel
     independen Kantor Konsultan Aktuaria Marcel                        Pryadarshi Soepeno Actuarial Consulting Firm
     Pryadarshi Soepeno untuk tanggal 31 Desember                       for December 31, 2023, 2022 and 2021
     2023, 2022 dan 2021 dengan nomor laporan                           with     report    number     0241-0242/II/KKA-
     0241-0242/II/KKA-MPS/2024/DRF, 0376/V/KKA-                         MPS/2024/DRF,        0376/V/KKA-MPS/2023/RPT
     MPS/2023/RPT dan 0337/IV/KKA-MPS/2022/                             and       0337/IV/KKA-MPS/2022/RPT        dated
     RPT tanggal laporan, 6 Februari 2024, 19 Mei                       February 6, 2024, May 19, 2023 and April 11,
     2023 dan 11 April 2022. Jumlah karyawan yang                       2022. The number of employees entitled to the
     berhak atas imbalan pascakerja tersebut adalah                     post-employment benefits is 138,135 and 138
     138, 135, dan 138 karyawan masing-masing pada                      employees in 2023, 2022, and 2021 respectively.
     tahun 2023, 2022, dan 2021.

     Program pensiun imbalan pasti memberikan                           The defined benefit pension plan typically expose
     eksposur Perusahaan terhadap risiko aktuarial                      the Group to actuarial risks such as interest rate
     seperti risiko tingkat bunga, risiko harapan hidup,                risk, longevity risk and salary risk.
     dan risiko gaji.

    Risiko Tingkat Bunga                                                Interest Rate Risk

     Penurunan    suku       bunga    obligasi    akan                  A decrease in the bond interest rate will increase
     meningkatkan liabilitas program.                                   the plan liability.




                                                         - 77 -
Page 82
PT INDO AMERICAN SEAFOODS Tbk                                                 PT INDO AMERICAN SEAFOODS Tbk
DAN ENTITAS ANAK                                                                             AND ITS SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN                                         NOTES TO THE CONSOLIDATED FINANCIAL
KONSOLIDASIAN INTERIM (Lanjutan)                                               STATEMENTS INTERIM ( Continued)
Tanggal 30 September 2024 (Tidak Diaudit)                                      As of September 30, 2024 (Unaudited)
dan 31 Desember 2023 (Diaudit)                                                     and December 31, 2023 (Audited)
Serta untuk Periode Sembilan Bulan yang Berakhir               And for the Nine-Months Period and for the Period then
pada Tanggal 30 September 2024 dan 2023                                         Ended September 30, 2024 and 2023
(Tidak Diaudit)                                                                                           (Unaudited)
(Disajikan dalam Rupiah Penuh,                                                  (Expressed in Full Amount of Rupiah,
kecuali Dinyatakan Lain)                                                                    unless Otherwise Stated)

    Risiko Harapan Hidup                                               Longevity Risk
     Nilai kini kewajiban imbalan pasti dihitung dengan                The present value of the defined benefit plan
     mengacu pada estimasi terbaik dari mortalitas                     liability is calculated by reference to the best
     peserta program baik selama dan setelah kontrak                   estimate of the mortality of plan participants both
     kerja. Peningkatan harapan hidup peserta                          during and after their employment. An increase in
     program akan meningkatkan liabilitas program.                     the life expectancy of the plan participants will
                                                                       increase the plan’s liability.

    Risiko Gaji                                                        Salary Risk

     Nilai kini kewajiban imbalan pasti dihitung dengan                The present value of the defined benefit plan
     mengacu pada gaji masa depan peserta program.                     liability is calculated by reference to the future
     Dengan demikian, kenaikan gaji peserta program                    salaries of plan participants. As such, an increase
     akan meningkatkan liabilitas program itu.                         in the salary of the plan participants will increase
                                                                       the plan’s liability.

    Beban imbalan pascakerja yang diakui di laporan                    Post-employment benefit expense recognized in
    laba rugi dan penghasilan komprehensif lain                        statements of profit or loss and other
    adalah sebagai berikut:                                            comprehensive income in respect of the defined
                                                                       benefit plan are as follows:

                                                                   2023
    Usia pensiun normal                                    58 tahun/ years                     Normal pension age
    Tingkat bunga diskonto                                      6,90%                          Discount rate
    Tingkat kenaikan gaji                                       8,00%                          Salary incremental rate
    Tabel mortalitas                                     TM – Indonesia IV                     Mortality table
    Tingkat cacat                                 5% dari Tingkat Asumsi Mortalita/            Disability rate
                                                        from Mortality Table

     Mutasi liabilitas imbalan paska kerja karyawan                    The movement of liability for post-employment
     adalah sebagai berikut:                                           benefits is as follows:
                                          30 September 2024/           31 Desember 2023/
                                          September 30, 2024           December 31, 2023
    Saldo awal                                   9.301.883.257               8.419.134.989     Beginning balance
    Beban imbalan paska kerja                                                                  Post - employment benefits
    selama tahun berjalan                          654.104.075                872.138.766      during the year
    Pengukuran kembali atas                                                                    Remeasurement of
    liabilitas diestimasi atas                                                                 estimated liabilities
    imbalan kerja karyawan                                         -                       -   for employee benfits
    Pembayaran Imbalan Pasca                                                                   Actual Post-employment
    Kerja pada tahun berjalan                                      -            10.609.502     Benefit Payment during Period
    Saldo Akhir Liabilitas                       9.955.987.332               9.301.883.257     Ending Balance of Liabilities




                                                          - 78 -
Page 83
PT INDO AMERICAN SEAFOODS Tbk                                             PT INDO AMERICAN SEAFOODS Tbk
DAN ENTITAS ANAK                                                                         AND ITS SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN                                     NOTES TO THE CONSOLIDATED FINANCIAL
KONSOLIDASIAN INTERIM (Lanjutan)                                           STATEMENTS INTERIM ( Continued)
Tanggal 30 September 2024 (Tidak Diaudit)                                  As of September 30, 2024 (Unaudited)
dan 31 Desember 2023 (Diaudit)                                                 and December 31, 2023 (Audited)
Serta untuk Periode Sembilan Bulan yang Berakhir           And for the Nine-Months Period and for the Period then
pada Tanggal 30 September 2024 dan 2023                                     Ended September 30, 2024 and 2023
(Tidak Diaudit)                                                                                       (Unaudited)
(Disajikan dalam Rupiah Penuh,                                              (Expressed in Full Amount of Rupiah,
kecuali Dinyatakan Lain)                                                                unless Otherwise Stated)

    Total beban imbalan paska kerja karyawan adalah            Total post-employment benefits expense are as follows:
    sebagai berikut:

                                        30 September 2024/           31 Desember 2023/
                                        September 30, 2024           December 31, 2023
    Biaya Jasa Kini                                191.384.346              255.179.128   Current Service Cost
    Biaya Bunga                                    462.719.729              616.959.638   Interest Cost
    Biaya Jasa Lalu 1                                        -                        -   Past Service Cost 1
    Biaya Jasa Lalu 2                                        -                        -   Past Service Cost 2
    Pembayaran                                                                            Actual
    Imbalan Pasca                                                                         Post -Employment
    Kerja pada                                                                            Benefit Payment
    tahun berjalan                                              -                     -   during Period
    Jumlah Beban
    Imbalan Paska                                                                         Total Post-
    Kerja Karyawan                                 654.104.075              872.138.766   Employee Benefits

     Persentase   perubahan      kenaikan      atau                 Percentage change increase or decrease 1% of
     penurunan 1% terhadap tingkat diskonto                         discount rate.

                                                         2023
                                         Nilai Kini
                                         Liabilitas/               Biaya Jasa
                                       Present Value                  Kini/
                                         of Benefit              Current Service
                Deskripsi                Liabilities                  Cost                    Description
     Sesuai Laporan Aktuaris 6,70%-
     6,90%                               9.301.883.257                255.179.128   As Actuarial Report 6.70%-6.90%
     Penurunan 1% atas Tingkat                                                      Decrease of 1% of the Discount
     Diskonto                           10.300.546.683                291.519.996   Rate
     Kenaikan 1% atas Tingkat                                                       Increase of 1% of the Discount
     Diskonto                            8.437.567.711                224.516.602   Rate

     Persentase   perubahan      kenaikan    atau                   Percentage change increase or decrease 1% of
     penurunan 1% terhadap tingkat kenaikan gaji.                   salary increment rate.

                                                         2023
                                         Nilai Kini
                                         Liabilitas/               Biaya Jasa
                                       Present Value                  Kini/
                                         of Benefit              Current Service
                Deskripsi                Liabilities                  Cost                    Description
     Sesuai Laporan Aktuaris 7,00%-
     8,00%                               9.301.883.257                255.179.128   As Actuarial Report 7.00%-8.00%
     Penurunan 1% atas Tingkat                                                      Decrease of 1% of the Increment
     Kenaikan                            8.357.246.610                223.688.470   Rate
     Kenaikan 1% atas Tingkat                                                       Increase of 1% of the Salary
     Kenaikan Gaji                      10.502.426.918                295.281.766   Increment Rate

     Persentase   perubahan      kenaikan      atau                 Percentage change increase or decrease 1% of
     penurunan 1% terhadap tingkat diskonto.                        discount rate.




                                                      - 79 -
Page 84
PT INDO AMERICAN SEAFOODS Tbk                                             PT INDO AMERICAN SEAFOODS Tbk
DAN ENTITAS ANAK                                                                         AND ITS SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN                                     NOTES TO THE CONSOLIDATED FINANCIAL
KONSOLIDASIAN INTERIM (Lanjutan)                                           STATEMENTS INTERIM ( Continued)
Tanggal 30 September 2024 (Tidak Diaudit)                                  As of September 30, 2024 (Unaudited)
dan 31 Desember 2023 (Diaudit)                                                 and December 31, 2023 (Audited)
Serta untuk Periode Sembilan Bulan yang Berakhir           And for the Nine-Months Period and for the Period then
pada Tanggal 30 September 2024 dan 2023                                     Ended September 30, 2024 and 2023
(Tidak Diaudit)                                                                                       (Unaudited)
(Disajikan dalam Rupiah Penuh,                                              (Expressed in Full Amount of Rupiah,
kecuali Dinyatakan Lain)                                                                unless Otherwise Stated)

20. MODAL SAHAM DAN SALDO LABA                             20.    SHARE CAPITAL AND RETAINED EARNING

    a) Modal Saham                                                a) Share Capital
                                                   30 September 2024/
                                                   September 30, 2024
                                                       Persentase            Jumlah
                                                        Pemilikan             Modal
                                    Jumlah             Saham (%)/            Disetor/
           Nama Pemegang            Saham/           Percentage of          Authorized
              Saham               Total Shares       Ownership (%)           Shares           Shareholders Name
        PT Indo American Food       962.500.000           69,24%          48.125.000.000    PT Indo American Food
        Saimi Saleh                  82.500.000            5,94%           4.125.000.000    Saimi Saleh
        Ibnu Syena Alfitra           55.000.000            3,96%           2.750.000.000    Ibnu Syena Alfitra
        Masyarakat                                                                          Public
        (masing-masing
        dibawah 5%)               290.000.000             20,86%          14.500.000.000     (each below 5%)
        Jumlah                    1.390.000.000            100%           69.500.000.000    Total

       Berdasarkan Akta No. 230 tanggal                             Based     on    Deed      No.    230     dated
       29 Februari 2024 dari Rosida Rajagukguk-                     February, 29 2024 from Rosida Rajagukguk-
       Siregar , S.H, M.Kn, Notaris di Kota Jakarta                 Siregar, S.H, M.Kn, Notary in South Jakarta
       Selatan yang telah disahkan oleh Menteri                     City which was ratified by the Minister of Law
       Hukum dan Hak Asasi Manusia Republik                         and Human Rights of the Republic of
       Indonesia berdasarkan Surat Keputusan No.                    Indonesia     based      on      No.     AHU-
       AHU-0013993.AH.01.02.TAHUN             2024                  0013993.AH.01.02.TAHUN          2024     dated
       tanggal 1 Maret 2024.                                        March 1, 2024 .
                                                   31 Desember 2023/
                                                   December 31, 2023
                                                      Persentase             Jumlah
                                                       Pemilikan              Modal
                                    Jumlah            Saham (%)/             Disetor/
           Nama Pemegang            Saham/           Percentage of          Authorized
              Saham               Total Shares      Ownership (%)            Shares           Shareholders Name
        PT Indo American Food       700.000.000           87,50%          35.000.000.000    PT Indo American Food
        Saimi Saleh                  60.000.000            7,50%           3.000.000.000    Saimi Saleh
        Ibnu Syena Alfitra           40.000.000            5,00%           2.000.000.000    Ibnu Syena Alfitra
        Jumlah                      800.000.000            100%           40.000.000.000    Total

       Susunan pemegang saham pada tanggal                          The composition of shareholders as of
       31 Desember 2023 berdasarkan akta notaris                    December 31, 2023 based on notarial deed
       No. 160 tertanggal 18 Desember 2019 oleh                     No. 160 dated December 18, 2019 by Jose
       Jose Dima Satria, S.H., M.Kn., mengenai                      Dima Satria, S.H., M.Kn., regarding deed of
       akta perubahan pemegang saham PT Indo                        the change of shareholders of PT Indo
       American Seafoods Tbk.                                       American Seafoods Tbk.




                                                      - 80 -
Page 85
PT INDO AMERICAN SEAFOODS Tbk                                              PT INDO AMERICAN SEAFOODS Tbk
DAN ENTITAS ANAK                                                                          AND ITS SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN                                      NOTES TO THE CONSOLIDATED FINANCIAL
KONSOLIDASIAN INTERIM (Lanjutan)                                            STATEMENTS INTERIM ( Continued)
Tanggal 30 September 2024 (Tidak Diaudit)                                   As of September 30, 2024 (Unaudited)
dan 31 Desember 2023 (Diaudit)                                                  and December 31, 2023 (Audited)
Serta untuk Periode Sembilan Bulan yang Berakhir            And for the Nine-Months Period and for the Period then
pada Tanggal 30 September 2024 dan 2023                                      Ended September 30, 2024 and 2023
(Tidak Diaudit)                                                                                        (Unaudited)
(Disajikan dalam Rupiah Penuh,                                               (Expressed in Full Amount of Rupiah,
kecuali Dinyatakan Lain)                                                                 unless Otherwise Stated)

    b) Saldo Laba                                                 b) Retained Earnings

       Ditentukan Penggunaannya                                          Appropriated

       Sesuai dengan Undang-Undang No. 40                                In accordance with Law No. 40 of 2007
       Tahun 2007 tentang Perusahaan Terbatas,                           concerning Limited Liability Companies, the
       Perusahaan telah membentuk cadangan                               Company has established general reserves up
       umum sampai dengan 31 Desember 2022                               to December 31, 2022 amounting to
       sebesar Rp 410.000.000.                                           Rp 410,000,000.

       Merupakan Saldo Laba yang belum                                   Represents Retained Earnings which has not
       ditentukan penggunaanya oleh Perusahaan.                          been determined by the Company.
                                      30 September 2024/    31 Desember 2023/
                                      September 30, 2024    December 31, 2023
       Saldo Laba                          6.207.104.927              19.521.729.837 Retained Earnings
       Jumlah                              6.207.104.927              19.521.729.837 Total



21. TAMBAHAN MODAL DISETOR                                      21.     ADDITIONAL PAID IN CAPITAL


                                      30 September 2024/    31 Desember 2023/
                                      September 30, 2024    December 31, 2023
       Pengampunan Pajak                  25.871.690.669              25.871.690.669 Tax Amnesty
                                                                                     Business Combination of
       Kombinasi Bisnis Entitas                                                      Entities Under Common
       Sepengendali                       23.867.726.116              23.867.726.116 Control
       Tambahan modal disetor dari                                                   Additional Paid-in Capital from
       Initial Public Ofering (IPO)                                                  Initial Public Offering (IPO)
       sebesar 290.000.000 saham                                                     290,000,000 shares with a
       dengan nilai                                                                  value of
       Nominal Rp 50 yang                                                            Nominal IDR 50 offered at IDR
       ditawarkan Rp 250                  58.000.000.000                           - 250
       Pelaksanaan Waran                                                             Exercise of Warrants
       Biaya Emisi Saham                  (3.115.944.915)                          - Share Issuance Cost
       Jumlah                            104.623.471.870              49.739.416.785 Total

    Pengampunan Pajak                                                  Tax Amnesty

    Perusahaan telah memanfaatkan program                              The Company has made use of Tax Amnesty
    Pengampunan Pajak (Tax Amnesty) sebagaimana                        program as stipulated in Law No. 11 Year 2016
    diatur dalam Undang-Undang No. 11 Tahun 2016                       concerning Tax Amnesty.
    tentang Pengampunan Pajak.




                                                       - 81 -
Page 86
PT INDO AMERICAN SEAFOODS Tbk                                             PT INDO AMERICAN SEAFOODS Tbk
DAN ENTITAS ANAK                                                                         AND ITS SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN                                     NOTES TO THE CONSOLIDATED FINANCIAL
KONSOLIDASIAN INTERIM (Lanjutan)                                           STATEMENTS INTERIM ( Continued)
Tanggal 30 September 2024 (Tidak Diaudit)                                  As of September 30, 2024 (Unaudited)
dan 31 Desember 2023 (Diaudit)                                                 and December 31, 2023 (Audited)
Serta untuk Periode Sembilan Bulan yang Berakhir           And for the Nine-Months Period and for the Period then
pada Tanggal 30 September 2024 dan 2023                                     Ended September 30, 2024 and 2023
(Tidak Diaudit)                                                                                       (Unaudited)
(Disajikan dalam Rupiah Penuh,                                              (Expressed in Full Amount of Rupiah,
kecuali Dinyatakan Lain)                                                                unless Otherwise Stated)

    Perusahaan telah mengajukan Surat Pernyataan                The Company has filed an Asset Declaration
    Harta    untuk    Pengampunan     Pajak/Surat               for Tax Amnesty Letter (Surat Pernyataan
    Pernyataan Harta (SPHPP) pada tanggal                       Harta   untuk     Pengampunan    Pajak/Surat
    23 September 2016 dan telah memperoleh                      Pernyataan    Harta     atau   SPHPP)     on
    Surat Keterangan Pengampunan Pajak/Surat                    September 23, 2016 and has obtained Tax
    Keterangan     (SKPP)   dengan    No.   KET-                Amnesty Approval Letter (Surat Keterangan
    1292/PP/WPJ.28/2016 tertanggal 25 September                 Pengampunan Pajak/Surat Keterangan/SKPP)
    2016 untuk PT Indo American Seafoods Tbk.                   No.    KET-    1292/PP/WPJ.28/2016     dated
                                                                September 25, 2016 for PT Indo American
                                                                Seafoods Tbk.

    Berdasarkan SPHPP dan SKPP, Perusahaan                      Based on the SPHPP dan SKPP, Company
    mendeklasrasikan aset pengampunan pajak dan                 declared tax amnesty assets and recognized in
    diakui di ekuitas sebagai tambahan modal                    the equity as additional paid in capital of
    disetor sebesar Rp 25.871.690.669 yang terdiri              Rp 25,871,690,669 consisting of fixed assets of
    dari aset tetap tanah, bangunan dan mesin                   land, buildings and production machines with a
    produksi dengan uang tebusan (jumlah yang                   redemption money (the amount of tax paid in
    dibayar    sesuai   dengan    Undang-Undang                 accordance with Tax Amnesty Law) of
    Pengampunan Pajak) sebesar Rp 517.433.813                   Rp 517,433,813 for PT Indo American
    untuk PT Indo American Seafoods Tbk.                        Seafoods Tbk.

    Perusahaan mengakui selisih antara aset                      The Company recognizes the difference between
    pengampunan pajak dan liabilitas pengampunan                 tax amnesty assets and tax amnesty liabilities as
    pajak sebagai bagian dari Tambahan Modal                     part of Additional Paid-in Capital.
    Disetor.

    Rincian harta beserta nilainya adalah sebagai               Detail of assets and its related amount as follows:
    berikut:

                                            Tahun
                                        Perolehan/Year           Nilai Aset/
                   Nama Aset            of Acquisition          Asset Value                    Asset Name
      Peralatan Produksi                     2014              18.223.488.077      Production Equipment
      Bangunan                               2015               6.158.377.592      Buildings
      Tanah                                  2015               1.113.840.000      Land
      Kendaraan Alat Berat                   2014                 195.000.000      Heavy Vehicles
      Sumur Bor                              2014                 180.985.000      Boreholes Well
      Jumlah                                                   25.871.690.669      Total

    Kombinasi Bisnis Entitas Sepengendali                       Business Combination            Entitas     Under
                                                                Common Control

                                    30 September 2024/         31 Desember 2023/
                                    September 30, 2024         December 31, 2023
                                                                                       Business Combination of
    Kombinasi Bisnis Entitas                                                           Entities Under Common
    Sepengendali                          23.867.726.116             23.867.726.116    Control
    Jumlah                                23.867.726.116             23.867.726.116    Total




                                                    - 82 -
Page 87
PT INDO AMERICAN SEAFOODS Tbk                                            PT INDO AMERICAN SEAFOODS Tbk
DAN ENTITAS ANAK                                                                        AND ITS SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN                                    NOTES TO THE CONSOLIDATED FINANCIAL
KONSOLIDASIAN INTERIM (Lanjutan)                                          STATEMENTS INTERIM ( Continued)
Tanggal 30 September 2024 (Tidak Diaudit)                                 As of September 30, 2024 (Unaudited)
dan 31 Desember 2023 (Diaudit)                                                and December 31, 2023 (Audited)
Serta untuk Periode Sembilan Bulan yang Berakhir          And for the Nine-Months Period and for the Period then
pada Tanggal 30 September 2024 dan 2023                                    Ended September 30, 2024 and 2023
(Tidak Diaudit)                                                                                      (Unaudited)
(Disajikan dalam Rupiah Penuh,                                             (Expressed in Full Amount of Rupiah,
kecuali Dinyatakan Lain)                                                               unless Otherwise Stated)

    Pada tanggal 28 Desember 2023, Grup                              As of December 28, 2023, the Group carried out
    melakukan transaksi kombinasi bisnis entitas                     a business combination transaction of entities
    sepengendali dimana PT Indo American Seafoods                    under common control where PT Indo American
    mengakuisisi PT Indokom Samudra Persada                          Seafoods acquired PT Indokom Samudra
    dengan nilai akuisisi sebesar Rp 1.050.000.000                   Persada with an acquisition value of
    jumlah tercatat PT Indokom Samudra Persada                       Rp 1,050,000,000 The carrying amount of
    pada      saat    akuisisi   adalah      sebesar                 PT Indokom Samudra Persada at the time of
    Rp 24.917.726.116,     sehingga   selisih   nilai                acquisition was Rp 24,917,726,116, so the
    transaksi   atas    kombinasi   bisnis    entitas                difference in transaction value for the combination
    sepengendali sebesar Rp 23.867.726.116.                          of business entities under common control is
                                                                     Rp 23,867,726,116.


22. PENJUALAN                                                 22.    SALES

                                           2024                        2023
    Ekspor                             157.612.285.166              147.780.546.225     Export
    Lokal                                2.928.214.462                1.994.323.246     Local
    Jumlah                             160.540.499.628              149.774.869.471     Total

    Rincian penjualan kepada pihak berelasi dan pihak                The details of sales to related party and third
    ketiga adalah sebagai berikut:                                   parties are as follows:

                                           2024                        2023
    Pihak Ketiga                        159.137.873.332              149.526.975.253    Third Parties
    Pihak Berelasi (Catatan 31)           1.402.626.296                  247.894.218    Related Parties (Note 31)
    Jumlah                              160.540.499.628              149.774.869.471    Total

   Rincian   penjualan   dan    pendapatan        jasa              Details of sales and revenue by products are as
   berdasarkan produk adalah sebagai berikut:                       follows:

                                           2024                        2023
    Ekspor                                                                              Ekport
    Vannamei                           144.721.744.896              134.876.232.258     Vannamei
    Breaded                             12.890.540.270                11.779.517.453    Breaded
    Black Tiger                                      -              1.124.796.514,32    Black Tiger
    Sub Jumlah                          157.612.285.166              147.780.546.225    Sub Total
    Lokal                                                                               Local
    Udang                                 1.406.512.146                  337.674.408    Shirmp
    Es                                    1.506.387.001                1.655.909.761    Ice
    Kepala Udang                             15.315.315                      576.577    Shrimp head
    Udang Roti                                        -                      162.500    Breaded
    Sub Jumlah                            2.928.214.462                1.994.323.246    Sub Total
    Jumlah                              160.540.499.628              149.774.869.471    Total




                                                     - 83 -
Page 88
PT INDO AMERICAN SEAFOODS Tbk                                            PT INDO AMERICAN SEAFOODS Tbk
DAN ENTITAS ANAK                                                                        AND ITS SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN                                    NOTES TO THE CONSOLIDATED FINANCIAL
KONSOLIDASIAN INTERIM (Lanjutan)                                          STATEMENTS INTERIM ( Continued)
Tanggal 30 September 2024 (Tidak Diaudit)                                 As of September 30, 2024 (Unaudited)
dan 31 Desember 2023 (Diaudit)                                                and December 31, 2023 (Audited)
Serta untuk Periode Sembilan Bulan yang Berakhir          And for the Nine-Months Period and for the Period then
pada Tanggal 30 September 2024 dan 2023                                    Ended September 30, 2024 and 2023
(Tidak Diaudit)                                                                                      (Unaudited)
(Disajikan dalam Rupiah Penuh,                                             (Expressed in Full Amount of Rupiah,
kecuali Dinyatakan Lain)                                                               unless Otherwise Stated)

   Rincian   penjualan   dan    pendapatan     jasa           Details of sales and revenue by customer are as
   berdasarkan pelanggan adalah sebagai berikut:              follows:

                                          2024                    2023
    Pihak Berelasi                                                                Related Parties
    CV Kanian Persada                    1.402.626.296             247.894.218    CV Kanian Persada
    Sub Jumlah                           1.402.626.296             247.894.218    Sub Total
    Pihak Ketiga                                                                  Third Parties
    Censea Inc,,                        91.164.209.240         72.104.976.778     Censea Inc,,
    Hohsui Corporation                  16.124.012.426         14.097.280.844     Hohsui Corporation
    Nissui Corporation                  14.722.899.138                      -     Nissui Corporation
    Kyokuyo Co,, Ltd                     9.877.455.930         10.993.702.529     Kyokuyo Co,, Ltd
    Alpha Trading Co, Ltd                5.238.556.588          3.792.717.270     Alpha Trading Co, Ltd
    Slade Gorton,,Inc                    3.517.471.360          1.093.145.630     Slade Gorton,,Inc
    Crystal Cove Seafoods                                                         Crystal Cove Seafoods
    Corporation                          3.363.467.650          2.634.345.105     Corporation
    Yachiyo Corporation                  2.965.474.305          2.020.430.985     Yachiyo Corporation
    Eastern Fish Company Llc             2.897.968.164         24.281.245.440     Eastern Fish Company Llc
    San Sugar Co, , Ltd                  2.289.931.950          3.004.889.166     San Sugar Co, , Ltd
    H & T Seafoods Inc                   1.985.883.900                      -     H & T Seafoods Inc
    Ssc Inc Sunnyvale Seafood,           1.693.100.400                      -     Ssc Inc Sunnyvale Seafood,
     Monarch Trading, Llc                1.464.397.000          1.297.440.000     Monarch Trading, Llc
     Atlantica Imports, Inc                          -          4.460.166.500     Atlantica Imports, Inc
     Choice Canning Company Inc,                     -          4.219.952.400     Choice Canning Company Inc,
     Eiger Co, Ltd                                   -          2.361.487.980     Eiger Co, Ltd
     Lawrance Whosale Llc,                           -          1.418.765.600     Lawrance Whosale Llc,
    Lain-lain (dibawah                                                            Others (Under
    Rp 1.000.000.000)                    1.833.045.281          1.746.429.028     Rp 1.000.000.000)
    Sub Jumlah                         159.137.873.332         149.526.975.253    Sub Total
    Jumlah                             160.540.499.628         149.774.869.471    Total

   Jumlah penjualan yang melebihi 10% dari jumlah              The amount of sales that exceeds 10% of the total
   penjualan adalah sebagai berikut:                           sales is as follows:
                                          2024                    2023
    Censea Inc.                         91.164.209.240          72.104.976.778     Censea Inc.
    Hohsui Corporation                  16.124.012.426           2.634.345.105     Hohsui Corporation
    Jumlah                              107.288.221.666          86.202.257.622    Total




                                                    - 84 -
Page 89
PT INDO AMERICAN SEAFOODS Tbk                                            PT INDO AMERICAN SEAFOODS Tbk
DAN ENTITAS ANAK                                                                        AND ITS SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN                                    NOTES TO THE CONSOLIDATED FINANCIAL
KONSOLIDASIAN INTERIM (Lanjutan)                                          STATEMENTS INTERIM ( Continued)
Tanggal 30 September 2024 (Tidak Diaudit)                                 As of September 30, 2024 (Unaudited)
dan 31 Desember 2023 (Diaudit)                                                and December 31, 2023 (Audited)
Serta untuk Periode Sembilan Bulan yang Berakhir          And for the Nine-Months Period and for the Period then
pada Tanggal 30 September 2024 dan 2023                                    Ended September 30, 2024 and 2023
(Tidak Diaudit)                                                                                      (Unaudited)
(Disajikan dalam Rupiah Penuh,                                             (Expressed in Full Amount of Rupiah,
kecuali Dinyatakan Lain)                                                               unless Otherwise Stated)

23. BEBAN POKOK PENJUALAN                                    23.   COST OF GOODS SOLD

                                           2024                       2023
    Beban Pokok                                                                     Cost of Goods
    Penjualan Udang                                                                 Sold Shrimp
     Saldo Awal                        186.576.651.865              111.840.608.096  Beginning Balance
     Pembelian                         108.020.558.221              134.610.945.934  Purchase
    Barang Tersedia                                                                 Goods Available
    untuk Dijual                       283.887.994.614              238.487.883.107 for sale
     Barang Tersedia                                                                     Goods Available
     Untuk Produksi (Breaded)           10.709.215.472                7.963.670.923      for Production (Breaded)
     Sub Jumlah                        294.597.210.086              246.451.554.030      Sub Total
     Persediaan Akhir (Catatan 7)     (218.415.919.461)            (181.106.444.070) Ending Inventory (Notes 7)
    Beban Produksi                                                                  Cost of Production
    Udang                               76.181.290.625               65.345.109.960 Shrimp
     Tersedia untuk dijual             (10.709.215.472)              (7.963.670.923)    Available for Sale
    Total Beban Pokok                                                               Total Cost of Goods Sold
    Penjualan Udang                     65.472.075.153               57.381.439.037 Shrimp

    Beban Pokok Breaded                                                                 COGS Breaded
     Saldo Awal                          3.808.188.569                 4.118.553.810     Beginning Balance
     Transfer dari Udang                10.709.215.472                 7.963.670.923     Transfer of Shrimp

    Barang Tersedia untuk Dijual        14.517.404.041                12.082.224.733 Goods Available for sale
     Persediaan Akhir (Catatan 7)       (6.129.938.497)               (4.720.465.278) Ending Inventory (Notes 7)
      Beban Pokok Produksi                                                           Cost of Production
      Breaded                            8.387.465.544                 7.361.759.455 Breaded

    Aset Biologis                                                                       Biological Assets
     Saldo Awal                          2.415.719.386                   651.253.829    Beginning Balance
     Penambahan tahun berjalan           9.922.825.151                 9.059.426.788    Additions during the year
     Saldo Akhir                                                                        Ending Balance
     Aset Biologis (Catatan 8)          (3.489.807.904)               (2.917.522.322)   Biological Assets (Notes 8)
      Beban Aset Biologis                8.848.736.633                 6.793.158.295    Biological Assets Expenses
      Pembelian                                                                         Purchase Supplementary
      Bahan Pembantu                                                                    Materials
      Bahan Pembantu                     5.055.227.937                 4.847.138.260     Supplementary Materials
      Saldo Awal                                                                          Beginning Balance
      Bahan Pembantu                    27.252.363.564                20.527.092.362      Supplementary Materials
      Solar                                434.192.365                   693.639.232      Diesel fuel




                                                    - 85 -
Page 90
PT INDO AMERICAN SEAFOODS Tbk                                            PT INDO AMERICAN SEAFOODS Tbk
DAN ENTITAS ANAK                                                                        AND ITS SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN                                    NOTES TO THE CONSOLIDATED FINANCIAL
KONSOLIDASIAN INTERIM (Lanjutan)                                          STATEMENTS INTERIM ( Continued)
Tanggal 30 September 2024 (Tidak Diaudit)                                 As of September 30, 2024 (Unaudited)
dan 31 Desember 2023 (Diaudit)                                                and December 31, 2023 (Audited)
Serta untuk Periode Sembilan Bulan yang Berakhir          And for the Nine-Months Period and for the Period then
pada Tanggal 30 September 2024 dan 2023                                    Ended September 30, 2024 and 2023
(Tidak Diaudit)                                                                                      (Unaudited)
(Disajikan dalam Rupiah Penuh,                                             (Expressed in Full Amount of Rupiah,
kecuali Dinyatakan Lain)                                                               unless Otherwise Stated)

                                           2024                    2023
      Saldo Akhir                                                                   Ending Balance
      Bahan Pembantu                                                                Supplementary Materials
      (Catatan 7)                      (37.136.960.542)          (28.841.475.079)   (Notes 7)
      Bahan Bakar (Catatan 7)             (419.841.217)             (492.043.732)   Diesel fuel (Notes 7)
      Beban Pokok                                                                   Cost of Supplementary
      Bahan Pembantu                     4.033.718.740             3.527.509.338    Materials

      Beban Langsung                                                                Cost of Supplementary
      Biaya Tenaga                                                                  Direct
      Kerja Langsung                    12.586.370.057            12.405.479.374    Labour Cost
      Biaya Overhead Pabrik                                                         Direct Labor Cost
      Listrik                            7.189.008.851             6.465.961.560    Electricity
      Penyusutan (Catatan 10)            5.306.458.280             7.064.683.653    Depreciation (Notes 10)
      Saprotan                           1.605.400.503               854.823.295    Spray
      Perbaikan & Pemeliharaan
      Mesin, Biaya                       1.330.993.804               356.963.445    Machine Repair & Maintenance
      BBM Solar/Oli                        354.540.518               319.494.835    Diesel Fuel/Oil
      Perlengkapan                                                                  Production
      Sarana Produksi                      361.639.273               375.062.427    supplies
      Perbaikan & Pemeliharaan                                                      Repair& Maintenance
      Penyusutan Aset Hak-                                                          Right-of-Use Assets
      Guna (Catatan 11)                    212.529.884               212.529.884    Depreciations (Notes 11)
      Seragam                              227.038.791               260.089.552    Uniform
      Perbaikan Pemeliharaan                                                        Repairs and
      Sarana Produksi                       63.108.255               148.327.605    Maintenance
      Infrastruktur                        146.678.128               166.340.341    Infrastructure
      Gas Elpiji                            69.935.000                42.474.000    LPG
      BBM Kendaraan Pabrik                  45.277.078                46.766.312    Factory Vehicle Fuel
      Surat-Surat                                                                   Documents
      Kendaraan Pabrik                      38.036.457                55.020.940    Factory Vehicle
      Bahan Pembantu                        69.504.600                76.189.600    Supplementary Materials
      Perlengkapan Sarana Tambak,                                                   Pond Facilities
      Biaya                                 24.662.311                17.896.433    Equipment
      Perbaikan & Pemeliharaan                                                      Repairs & Maintenance
      Sarana Tambak                         11.431.700                 3.079.200    of Pond Facilities
      Total Harga                                                                   Total Cost of Goods
      Pokok Produksi                    29.642.613.490            28.871.182.456    Manufactured
      Total Harga                                                                   Total Cost Of
      Pokok Penjualan                  107.535.872.927            97.141.890.286    Goods Sold




                                                    - 86 -
Page 91
PT INDO AMERICAN SEAFOODS Tbk                                            PT INDO AMERICAN SEAFOODS Tbk
DAN ENTITAS ANAK                                                                        AND ITS SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN                                    NOTES TO THE CONSOLIDATED FINANCIAL
KONSOLIDASIAN INTERIM (Lanjutan)                                          STATEMENTS INTERIM ( Continued)
Tanggal 30 September 2024 (Tidak Diaudit)                                 As of September 30, 2024 (Unaudited)
dan 31 Desember 2023 (Diaudit)                                                and December 31, 2023 (Audited)
Serta untuk Periode Sembilan Bulan yang Berakhir          And for the Nine-Months Period and for the Period then
pada Tanggal 30 September 2024 dan 2023                                    Ended September 30, 2024 and 2023
(Tidak Diaudit)                                                                                      (Unaudited)
(Disajikan dalam Rupiah Penuh,                                             (Expressed in Full Amount of Rupiah,
kecuali Dinyatakan Lain)                                                               unless Otherwise Stated)

24.   BEBAN PENJUALAN                                       24.   SELLING EXPENSES
                                           2024                     2023
      Pengiriman                         10.171.210.361            13.646.650.825    Freight
      Duty                                1.592.468.511                         -    Duty
      Beban EMKL                            481.570.956               263.629.341    EMKL
      Iuran ISO                             329.647.045               295.488.702    ISO Due
      Keanggotaan                           275.521.602               207.767.704    Membership fees
      Analisis dan tes                      235.016.963               293.654.638    Analysis and Tests
      Klaim                                  89.766.069               747.156.938    Claim
      Beban Komisi                           82.458.402                57.662.760    Commission
      Beban Dokumen Ekspor                   65.388.627               136.439.333    Export Documents
      Pameran                                47.749.920                53.050.186    Exhibition
      Negosiasi Bank, BBLN                   36.907.034               134.407.349    Negotiation Bank, BBLN
      Beban Bongkar Muat Eskpor              23.669.890                39.509.470    Unloading Export
      Surveyor                               10.500.000                10.500.000    Surveyors
      Beban Sample                            8.340.000             2.179.753.370    Sample
      Demurrage/ Sandar, Biaya                        -                42.591.530    Demurage
      Jumlah                             13.450.215.380            18.108.262.146 Total



25.   BEBAN UMUM DAN ADMINISTRASI                           25.   GENERAL           AND        ADMINISTRATIVE
                                                                  EXPENSES

                                          2024                      2023
      Gaji dan tunjangan                 12.742.443.793           13.429.830.562    Salaries and benefits
      Pajak dan restribusi                7.114.923.507            1.708.493.773    Tax and Retribution
      Rumah Tangga Kantor                 1.099.742.642              750.741.777    Office Household
      Perizinan                           1.086.724.516              882.432.990    Licensing
      Tenaga ahli                         1.058.712.812              803.119.571    Professional Fees
      Imbalan Pasca Kerja                   654.104.075              287.525.426    Employee Benefits
      Pemeliharaan dan                                                              Maintenance
      perbaikan                            571.494.367              780.730.332     and Repair
      Penyusutan                                                                    Depreciation
      Aset Tetap (Catatan 10)              439.652.448              645.829.191     Fixed Assets (Note 10)
      Keamanan                             370.520.898              365.402.292     Outsourcing
      Asuransi                             255.839.583              297.309.569     Insurance
      BBM Kendaraan Kantor                 201.429.804              187.769.571     Office Vehicle Fuel
      Ongkos Angkut                        110.980.573              147.357.325     Freight Costs
      Pengobatan                            84.698.350               84.899.108     Medical
      Meals Traveling                       73.665.247               72.210.237     Meals Traveling
      Perlengkapan kantor                   71.702.325               52.225.890     Office supplies
      Surat-Surat Kendaraan                 57.934.525               69.777.900     Office Vehicle
      Kantor                                                                          Documents
      Telepon                               47.404.203               49.058.740     Telephone
      Parkir Tol Fee Dll                    44.660.500               26.774.410     Parking Toll Fees etc
      Penyusutan Aset-                                                              Depreciation Right-of-use
      Hak guna (Catatan 11)                 23.614.432               23.614.432     Assets (Note 11)
      Alat Tulis Kantor                     20.586.640               66.738.430     Office Stationery
      Lain-Lain (masing-masing                                                      Other (each below Rp
      dibawah Rp 20.000.000)                36.893.395               87.323.114     20,000,000)
      Jumlah                             26.167.728.635           20.819.164.640 Total




                                                   - 87 -
Page 92
PT INDO AMERICAN SEAFOODS Tbk                                                PT INDO AMERICAN SEAFOODS Tbk
DAN ENTITAS ANAK                                                                            AND ITS SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN                                        NOTES TO THE CONSOLIDATED FINANCIAL
KONSOLIDASIAN INTERIM (Lanjutan)                                              STATEMENTS INTERIM ( Continued)
Tanggal 30 September 2024 (Tidak Diaudit)                                     As of September 30, 2024 (Unaudited)
dan 31 Desember 2023 (Diaudit)                                                    and December 31, 2023 (Audited)
Serta untuk Periode Sembilan Bulan yang Berakhir              And for the Nine-Months Period and for the Period then
pada Tanggal 30 September 2024 dan 2023                                        Ended September 30, 2024 and 2023
(Tidak Diaudit)                                                                                          (Unaudited)
(Disajikan dalam Rupiah Penuh,                                                 (Expressed in Full Amount of Rupiah,
kecuali Dinyatakan Lain)                                                                   unless Otherwise Stated)

26.   PENDAPATAN (BEBAN) LAINNYA                               26.    OTHER INCOME (EXPENSES)
                                            2024                        2023
      Laba (Rugi) Selisih Kurs                                                          Profit (Loss) from Exchange
       - Neto                              2.170.695.455               (335.481.225)    Rate Differences – Net
      Pendapatan Bunga                         75.683.369                 47.280.776    Interest income
      Pendapatan Lain-Lain                     40.952.702                140.541.103    Other income
      Beban Pajak Jasa Giro                  (14.238.871)               (10.094.246)    Tax Expenses
      Pendapatan Jasa Giro                              -              (748.979.515)    Current Account Services Income
      Jumlah                               2.273.092.655               (906.733.107) Total


27.   BEBAN BUNGA DAN KEUANGAN                                 27.    INTEREST AND FINANCE COST
                                            2024                        2023
      Beban Bunga/Keuangan                 12.317.390.272              11.279.956.833   Interest/Finance Expenses
      Beban Administrasi Bank                 165.111.265                 175.458.854   Bank administrative
      Beban Bunga Leasing                       4.288.654                  11.383.894   Leasing Interest Expense
      Beban Provisi Bank                          312.600                           -   Bank Provision Expenses
      Jumlah                               12.487.102.791              11.466.799.581 Total


28.   LABA PER SAHAM DASAR                                     28.    BASIC EARNINGS PER SHARE

                                             2024                         2023
      Laba untuk Perhitungan                                                           Earnings for calculating
      Laba Per Saham                         1.685.375.090                 813.292.271 Of earnings per share
      Jumlah                                                                              Total
                                         Lembar/Share                 Lembar/Share
      Jumlah saham untuk                                                               Share for calculation of
      perhitungan laba per saham             1.390.000.000                 800.000.000 basic earning per share
      Laba Per Saham                                   1,21                         1,02 Earnings per Share



29.   REKONSILIASI LIABILITAS YANG TIMBUL                   29.      RECONCILIATION OF LIABILITIES ARISING
      DARI AKTIVITAS PENDANAAN                                       FROM FUNDING ACTIVITIES

                        Saldo Awal              Arus Kas (untuk) dari                      Saldo Akhir
                       31 Desember              Aktivitas Pendanaan/                      30 September
                           2023/                                                              2024/
                        Beginning               Cash Flow (for) from                         Ending
                         Balance                 Financing Activities                        Balance
                       December 31,       Penerimaan/         Pembayaran/                 September 30,
                           2023             Receipt              Payment                      2024
       Utang Bank      199.249.608.753   649.398.050.028          653.783.580.534         197.771.078.247   Bank Loans
       Jumlah          199.249.608.753   649.398.050.028          653.783.580.534         197.771.078.247   Total




                                                      - 88 -
Page 93
PT INDO AMERICAN SEAFOODS Tbk                                              PT INDO AMERICAN SEAFOODS Tbk
DAN ENTITAS ANAK                                                                          AND ITS SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN                                      NOTES TO THE CONSOLIDATED FINANCIAL
KONSOLIDASIAN INTERIM (Lanjutan)                                            STATEMENTS INTERIM ( Continued)
Tanggal 30 September 2024 (Tidak Diaudit)                                   As of September 30, 2024 (Unaudited)
dan 31 Desember 2023 (Diaudit)                                                  and December 31, 2023 (Audited)
Serta untuk Periode Sembilan Bulan yang Berakhir            And for the Nine-Months Period and for the Period then
pada Tanggal 30 September 2024 dan 2023                                      Ended September 30, 2024 and 2023
(Tidak Diaudit)                                                                                        (Unaudited)
(Disajikan dalam Rupiah Penuh,                                               (Expressed in Full Amount of Rupiah,
kecuali Dinyatakan Lain)                                                                 unless Otherwise Stated)

                      Saldo Awal                 Arus Kas (untuk) dari                     Saldo Akhir
                     31 Desember                 Aktivitas Pendanaan/                     31 Desember
                         2022/                                                                2023/
                      Beginning                 Cash Flow (for) from                         Ending
                       Balance                   Financing Activities                       Balance
                     31 December          Penerimaan/         Pembayaran/                 December 31,
                         2022               Receipt              Payment                      2023
      Utang Bank     167.269.479.141      35.055.129.612              3.075.000.000       199.249.608.753   Bank Loans
      Jumlah         167.269.479.141      35.055.129.612              3.075.000.000       199.249.608.753   Total


30.   SEGMEN GEOGRAFIS                                          30.   GEOGRAPHIC SEGMENT

      Perusahaan melakukan usaha berupa penjualan                     The Company conducts business in the form of
      udang, kulit udang dan kepala udang berdasarkan                 seliing shrimp, shrimp shells and shrimp heads
      segmen geografis berikut ini:                                   based of the following geographical segments:

      a. Lokal                                                        a. Local

                                              2024                      2023
         Sumatera                           1.799.026.147             1.994.323.246 Sumatera
         Jawa dan Bali                      1.129.188.315                         - Jawa and Bali
         Jumlah                             2.928.214.462             1.994.323.246 Total

      b. Ekspor                                                       b. Export
                                                2024                       2023
        Amerika                              106.086.497.714           111.510.037.453 USA
        Jepang                                51.525.787.452            36.270.508.773 Japan
        Jumlah                               157.612.285.166           147.780.546.225 Total

31.   TRANSAKSI          DENGAN         PIHAK-PIHAK             31.   TRANSACTION WITH RELATED PARTIES
      BERELASI

      Dalam      kegiatan  usahanya,      Perusahaan                  In the normal course of business, the Company
      mengadakan transaksi dengan pihak-pihak                         entered into transactions with related parties,
      berelasi, terutama meliputi transaksi - transaksi               mainly covering sale transactions, purchases and
      penjualan, pembelian dan transaksi keuangan                     other financial transactions.
      lainnya.

      Tabel berikut ini adalah ikhtisar pihak-pihak                   The following table is a summary of related parties
      berelasi yang bertransaksi dengan Perusahaan,                   that have transaction with the Company, including
      termasuk sifat hubungan dan sifat transaksinya:                 the nature of the relationship and the nature of the
                                                                      transaction:




                                                       - 89 -
Page 94
PT INDO AMERICAN SEAFOODS Tbk                                           PT INDO AMERICAN SEAFOODS Tbk
DAN ENTITAS ANAK                                                                       AND ITS SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN                                   NOTES TO THE CONSOLIDATED FINANCIAL
KONSOLIDASIAN INTERIM (Lanjutan)                                         STATEMENTS INTERIM ( Continued)
Tanggal 30 September 2024 (Tidak Diaudit)                                As of September 30, 2024 (Unaudited)
dan 31 Desember 2023 (Diaudit)                                               and December 31, 2023 (Audited)
Serta untuk Periode Sembilan Bulan yang Berakhir         And for the Nine-Months Period and for the Period then
pada Tanggal 30 September 2024 dan 2023                                   Ended September 30, 2024 and 2023
(Tidak Diaudit)                                                                                     (Unaudited)
(Disajikan dalam Rupiah Penuh,                                            (Expressed in Full Amount of Rupiah,
kecuali Dinyatakan Lain)                                                              unless Otherwise Stated)

                 Pihak Berelasi/             Sifat Hubungan/                              Sifat Transaksi/
                 Related Parties          Nature of Relationship                        Type of Transaction
       PT Indo American Food          Pemegang saham/ Shareholders         Pinjaman/ Loan
       Tn./ Mr. Saimi Saleh           Pemegang saham/ Shareholders         Jaminan perorangan/ Individual guarantee
       Tn./ Mr. Ibnu Syena Alfitra    Pemegang saham/ Shareholders         Jaminan perorangan/ Individual guarantee
       PT Indokom Samudra             Perusahaan sepengendali/             Penjualan, pembelian bahan baku dan
       Persada                        Company under common control         pinjaman / Sales, purchase of raw materials
                                                                           and loan
       PT Indokom Citra Persada       Perusahaan sepengendali/             Penjualan, pinjaman/ Sales, loan
                                      Company under common control
       PT Indokom Citra Persada       Perusahaan sepengendali/             Penjualan, pinjaman/ Sales, loan
       Lampung                        Company under common control
       PT Indokom Global Persada      Perusahaan sepengendali/             Penjualan, pinjaman/ Sales, loan
                                      Company under common control
       PT Indokom Global Investama    Perusahaan sepengendali/             Penjualan, pinjaman/ Sales, loan
                                      Company under common control
       PT Irian Marine Product        Perusahaan sepengendali/             Penjualan, pinjaman/ Sales, loan
       Development                    Company under common control


32.   IKATAN                                                32.   COMMITMENTS

      Perjanjian Sewa-Menyewa                                     Lease Agreement

      A. Aset Hak Guna                                            A. Right-of-Use Assets

          Berdasarkan Surat Perjanjian Sewa-                         Based on the Lease Agreement between the
          Menyewa antara Perusahaan dengan pihak-                    Company and the parties:
          pihak:

          1. Tn. Saimi Saleh sebidang tanah dan                      1. Mr. Saimi Saleh a patch of land and building
             bangunan dengan luas 34.924 m 2 yang                       with an area of 34,924 m2 located in
             terletak di desa Sukanegara, Lampung                       Sukanegara village, South Lampung,
             Selatan, Lampung.                                          Lampung.
          2. Tn. Usman Saleh atas sebidang tanah                     2. Mr. Usman Saleh for a patch of land and
             dan banguanan dengan luas 22.465 m2                        building with an area of 22,465 m2 located
             yang terletak di desa Sukanegara,                          in Sukanegara village, South Lampung,
             Lampung Selatan, Lampung.                                  Lampung.
          3. Tn. Ishak Saleh atas tanah berikut                      3. Mr. Ishak Saleh on land and buildings in the
             bangunan berupa tanah tambak dan                           form of pond land and buildings with an
             bagunan dengan luas 60.000 m2 yang                         area of 60,000 m2 located in Gebang
             terletak di desa Gebang, Lampung                           village, South Lampung, Lampung
             Selatan, Lampung
          4. Tn. Rico Damona Usman atas tanah                        4. Mr. Rico Damona Usman on land and
             berikut bangunan berupa tanah tambak                       buildings in the form of pond land and
             dan bagunan dengan luas 100.000 m2                         buildings with an area of 100,000 m2
             yang terletak di desa Gebang, Lampung                      located in Gebang village, South Lampung,
             Selatan, Lampung                                           Lampung.
          5. Tn. Saimi Saleh atas tanah berikut                      5. Mr. Saimi Saleh over land and buildings in
             bangunan berupa tanah tambak dan                           the form of pond land and buildings with an
             bagunan dengan luas 169.275 m2 yang                        area of 169,275 m2 located in Gebang
             terletak di desa Gebang, Lampung                           village, South Lampung, Lampung.
             Selatan, Lampung.



                                                   - 90 -
Page 95
PT INDO AMERICAN SEAFOODS Tbk                                           PT INDO AMERICAN SEAFOODS Tbk
DAN ENTITAS ANAK                                                                       AND ITS SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN                                   NOTES TO THE CONSOLIDATED FINANCIAL
KONSOLIDASIAN INTERIM (Lanjutan)                                         STATEMENTS INTERIM ( Continued)
Tanggal 30 September 2024 (Tidak Diaudit)                                As of September 30, 2024 (Unaudited)
dan 31 Desember 2023 (Diaudit)                                               and December 31, 2023 (Audited)
Serta untuk Periode Sembilan Bulan yang Berakhir         And for the Nine-Months Period and for the Period then
pada Tanggal 30 September 2024 dan 2023                                   Ended September 30, 2024 and 2023
(Tidak Diaudit)                                                                                     (Unaudited)
(Disajikan dalam Rupiah Penuh,                                            (Expressed in Full Amount of Rupiah,
kecuali Dinyatakan Lain)                                                              unless Otherwise Stated)

         6. Tn. Usman Saleh atas tanah berikut                    6. Mr. Usman Saleh over land and buildings in
            bangunan berupa tanah tambak dan                         the form of pond land and buildings with an
            bagunan dengan luas 244.620 m2 yang                      area of 244,620 m2 located in Gebang
            terletak di desa Gebang, Lampung                         village, South Lampung, Lampung.
            Selatan, Lampung
         7. Tn. Usman Saleh atas tanah berikut                    7. Mr. Usman Saleh for land and buildings
            bangunan dengan luas 36.550 m2 yang                      with an area of 36,550 m2 located in
            terletak di desa Campang Jaya, Bandar                    Campang Jaya village, Bandar Lampung,
            Lampung, Lampung.                                        Lampung.
         8. Jangka waktu perjanjian sewa-menyewa                  8. The term of the lease agreement is 30
            selama 30 (Tiga Sepuluh) tahun, terhitung                (Thirty) years, starting from January 2, 2019
            sejak tanggal 2 Januari 2019 sampai                      to January 2, 2029, with a rental price of
            dengan 2 Januari 2029, dengan harga                      Rp 9.445.772.618 for a period of 30 (Thirty)
            sewa sebesar Rp 9.445.772.618,- untuk                    years.
            jangka waktu 30 (Tiga Sepuluh) tahun.

     B. Pinjam Pakai Aset                                     B. Borrowing to Use Assets

         Berdasarkan Surat Perjanjian Sewa-                       Based on the Lease Agreement between the
         Menyewa antara Perusahaan dengan pihak-                  Company and the parties:
         pihak:

         1. Nyonya Maisaroh atas tanah dan                         1. Mrs. Maisaroh for the land and building of
            bangunan tambak udang Vannamei                            the Vannamei shrimp pond with an area
            dengan luas 35.621 m2 yang terletak di                    of 35,621 m2 located in Sumbernadi
            desa Sumbernadi, Kecamatan Ketapang,                      village,   Ketapang      District,  South
            Kabupaten Lampung Selatan Lampung.                        Lampung Regency, Lampung.
         2. Nyonya Rima Rahmawati atas tanah dan                   2. Mrs. Rima Rahmawati for the land and
            bangunan tambak udang Vannamei                            building of the Vannamei shrimp pond
            dengan luas 40.000 m2 yang terletak di                    with an area of 40,000 m2 located in
            desa Sumbernadi, Kecamatan Ketapang,                      Sumbernadi village, Ketapang District,
            Kabupaten Lampung Selatan Lampung.                        South Lampung Regency, Lampung.
         3. Nyonya Sustinah atas tanah dan                         3. Mrs. Sustinah for the land and building of
            bangunan tambak udang Vannamei                            the Vannamei shrimp pond with an area
            dengan luas 61.149 m2 yang terletak di                    of 61,149 m2 located in Sumbernadi
            desa Sumbernadi, Kecamatan Ketapang,                      village,   Ketapang      District,  South
            Kabupaten Lampung Selatan Lampung.                        Lampung Regency, Lampung.
         4. Nyonya Yusnaya Adisti atas tanah dan                   4. Mrs. Yusnaya Adisti for the land and
            bangunan tambak udang Vannamei                            building of the Vannamei shrimp pond
            dengan luas 36.395 m2 yang terletak di                    with an area of 36,395 m2 located in
            desa Sumbernadi, Kecamatan Ketapang,                      Sumbernadi village, Ketapang District,
            Kabupaten Lampung Selatan Lampung.                        South Lampung Regency, Lampung.
         5. Tuan Ishak Saleh atas tanah dan                        5. Mr. Ishak Saleh for the land and building
            bangunan tambak udang Vannamei                            of the Vannamei shrimp pond with an area
            dengan luas 48.017 m2 yang terletak di                    of 48,017 m2 located in Sumbernadi
            desa Sumbernadi, Kecamatan Ketapang,                      village,   Ketapang      District,  South
            Kabupaten Lampung Selatan Lampung.                        Lampung Regency, Lampung.




                                                    - 91 -
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PT INDO AMERICAN SEAFOODS Tbk                                          PT INDO AMERICAN SEAFOODS Tbk
DAN ENTITAS ANAK                                                                      AND ITS SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN                                  NOTES TO THE CONSOLIDATED FINANCIAL
KONSOLIDASIAN INTERIM (Lanjutan)                                        STATEMENTS INTERIM ( Continued)
Tanggal 30 September 2024 (Tidak Diaudit)                               As of September 30, 2024 (Unaudited)
dan 31 Desember 2023 (Diaudit)                                              and December 31, 2023 (Audited)
Serta untuk Periode Sembilan Bulan yang Berakhir        And for the Nine-Months Period and for the Period then
pada Tanggal 30 September 2024 dan 2023                                  Ended September 30, 2024 and 2023
(Tidak Diaudit)                                                                                    (Unaudited)
(Disajikan dalam Rupiah Penuh,                                           (Expressed in Full Amount of Rupiah,
kecuali Dinyatakan Lain)                                                             unless Otherwise Stated)

         6. Tuan Ismit Saleh atas tanah dan                       6. Mr. Ismit Saleh for the land and building of
            bangunan tambak udang Vannamei                           the Vannamei shrimp pond with an area
            dengan luas 44.860 m2 yang terletak di                   of 44,860 m2 located in Sumbernadi
            desa Sumbernadi, Kecamatan Ketapang,                     village,   Ketapang       District,   South
            Kabupaten Lampung Selatan Lampung.                       Lampung Regency, Lampung.
         7. Tuan Rian Yonada Usman atas tanah dan                 7. Mr. Rian Yonada Usman for the land and
            bangunan tambak udang Vannamei                           building of the Vannamei shrimp pond
            dengan luas 39.999 m2 yang terletak di                   with an area of 39,999 m2 located in
            desa Sumbernadi, Kecamatan Ketapang,                     Sumbernadi village, Ketapang District,
            Kabupaten Lampung Selatan Lampung.                       South Lampung Regency, Lampung.
         8. Tuan Rico Damona Usman atas tanah                     8. Mr. Rico Damona Usman for the land and
            dan bangunan tambak udang Vannamei                       building of the Vannamei shrimp pond
            dengan luas 60.000 m2 yang terletak di                   with an area of 60,000 m2 located in
            desa Sumbernadi, Kecamatan Ketapang,                     Sumbernadi village, Ketapang District,
            Kabupaten Lampung Selatan Lampung.                       South Lampung Regency, Lampung.
         9. Tuan Usman Saleh atas tanah dan                       9. Mr. Usman Saleh for the land and building
            bangunan tambak udang Vannamei                           of the Vannamei shrimp pond with an area
            dengan luas 30.830 m2 yang terletak di                   of 30,830 m2 located in Sumbernadi
            desa Sumbernadi, Kecamatan Ketapang,                     village,   Ketapang       District,   South
            Kabupaten Lampung Selatan Lampung.                       Lampung Regency, Lampung.

         10.Tuan Yubahar atas tanah dan bangunan                  10. Mr. Yubahar for the land and buildings of
            tambak udang Vannamei dengan luas                         the Vannamei shrimp pond with an area
            19.999 m2 yang terletak di desa                           of 19,999 m2 located in Sumbernadi
            Sumbernadi,   Kecamatan     Ketapang,                     village, Ketapang       District,  South
            Kabupaten Lampung Selatan Lampung.                        Lampung Regency, Lampung.

     Jangka waktu perjanjian sewa-menyewa selama             The term of the lease agreement is 10 (ten) years,
     10 (sepuluh) tahun, terhitung sejak tanggal             starting from January 2, 2019 to January 2, 2029.
     2 Januari 2019 sampai dengan 2 Januari 2029.

     Perjanjian dengan Pihak Berelasi                        Agreement with Related Parties

     Berdasarkan Surat Perjanjian Sewa-Menyewa               Based on the Lease Agreement between the
     antara Perusahaan dengan Tn. Saimi Saleh                company and Mr. Saimi Saleh representing
     mewakili PT Indokom Samudra Persada, telah              PT Indokom Samudra Persada, there has been an
     terjadi kesepakatan untuk saling bekerja                agreement to work together professionally in terms
     sama       secara    profesional   dalam    hal         of organizing and managing Vannamei shrimp
     penyelenggaraan, pengelolaan budidaya udang             farming in Sumbernadi Village, Ketapang District,
     Vannamei yang berada di Desa Sumbernadi,                South Lampung Regency, South Lampung
     Kecamatan Ketapang, Kabupaten Lampung                   Province, with a buying and selling system
     Selatan, Provinsi Lampung Selatan dengan                between suppliers and buyers for 5 years starting
     sistem jual-beli antara supplier dengan pembeli         from September 4, 2018 to September 4, 2023 with
     selama 5 tahun yang dimulai dari 4 September            a nominal adjusted to market prices in the business
     2018 sampai dengan 4 September 2023 dengan              of buying and selling Vannamei shrimp in the form
     harga yang disesuaikan harga pasar dalam bisnis         of Head On.
     jual-beli udang Vannamei dalam bentuk Head On.




                                                   - 92 -
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PT INDO AMERICAN SEAFOODS Tbk                                          PT INDO AMERICAN SEAFOODS Tbk
DAN ENTITAS ANAK                                                                      AND ITS SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN                                  NOTES TO THE CONSOLIDATED FINANCIAL
KONSOLIDASIAN INTERIM (Lanjutan)                                        STATEMENTS INTERIM ( Continued)
Tanggal 30 September 2024 (Tidak Diaudit)                               As of September 30, 2024 (Unaudited)
dan 31 Desember 2023 (Diaudit)                                              and December 31, 2023 (Audited)
Serta untuk Periode Sembilan Bulan yang Berakhir        And for the Nine-Months Period and for the Period then
pada Tanggal 30 September 2024 dan 2023                                  Ended September 30, 2024 and 2023
(Tidak Diaudit)                                                                                    (Unaudited)
(Disajikan dalam Rupiah Penuh,                                           (Expressed in Full Amount of Rupiah,
kecuali Dinyatakan Lain)                                                             unless Otherwise Stated)

33.   KATEGORI      DAN        KELAS   INSTRUMEN            33.   CATEGORY AND CLASS OF FINANCIAL
      KEUANGAN                                                    INSTRUMENTS
                                               Biaya Perolehan
                                                 Diamortisasi/
                                               Amortized Cost
                                              30 September 2024/
                                              September 30, 2024
         Aset Keuangan Lancar                                         Current Financial Assets
         Kas dan Setara kas                         13.187.388.399    Cash and Cash Equivalents
         Piutang Usaha                                                Trade Accounts Receivables
          Pihak Berelasi                               339.894.481     Related Parties
          Pihak Ketiga                              37.856.978.018     Third Parties
         Piutang Lain-lain dari                                       Other Receivables from
          Pihak Ketiga                                 510.634.104     Third Parties
         Jumlah                                     51.894.895.002    Total
         Liabilitas Keuangan                                          Financial Liabilities
         Utang Usaha                                                  Trade Accounts Payables
          Pihak Ketiga                              10.645.094.570     Third Parties
         Utang Lain-lain                                              Other Payables
          Pihak Berelasi                                         -     Related Parties
         Beban Akrual                                4.949.487.657    Accrued Expenses
         Utang Bank                                197.771.078.247    Bank Loans
         Jumlah                                    213.365.660.474    Total


                                                Biaya Perolehan
                                                 Diamortisasi/
                                                Amortized Cost
                                               31 Desember 2023/
                                               December 31, 2023
         Aset Keuangan Lancar                                         Current Financial Assets
         Kas dan Setara Kas                          2.570.121.355    Cash and cash equivalents
         Piutang Usaha                                                Trade Accounts Receivables
          Pihak Berelasi                               211.054.410     Related Parties
          Pihak Ketiga                              19.981.020.112     Third Parties
         Piutang Lain-lain dari                                       Other Receivables from
          Pihak Ketiga                                 510.634.104     Third Parties
         Jumlah                                     23.272.829.981    Total
        Liabilitas Keuangan                                           Financial Liabilities
         Utang Usaha                                                  Trade Accounts Payables
          Pihak Ketiga                              20.407.901.137     Third Parties
         Utang Lain-lain                                              Other Payables
          Pihak Berelasi                               595.676.695     Related Parties
         Beban Akrual                                2.870.843.988    Accrued Expenses
         Utang Bank                                199.249.608.753    Bank Loans
         Jumlah                                    223.124.030.573    Total




                                                   - 93 -
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PT INDO AMERICAN SEAFOODS Tbk                                            PT INDO AMERICAN SEAFOODS Tbk
DAN ENTITAS ANAK                                                                        AND ITS SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN                                    NOTES TO THE CONSOLIDATED FINANCIAL
KONSOLIDASIAN INTERIM (Lanjutan)                                          STATEMENTS INTERIM ( Continued)
Tanggal 30 September 2024 (Tidak Diaudit)                                 As of September 30, 2024 (Unaudited)
dan 31 Desember 2023 (Diaudit)                                                and December 31, 2023 (Audited)
Serta untuk Periode Sembilan Bulan yang Berakhir          And for the Nine-Months Period and for the Period then
pada Tanggal 30 September 2024 dan 2023                                    Ended September 30, 2024 and 2023
(Tidak Diaudit)                                                                                      (Unaudited)
(Disajikan dalam Rupiah Penuh,                                             (Expressed in Full Amount of Rupiah,
kecuali Dinyatakan Lain)                                                               unless Otherwise Stated)

34.   INSTRUMEN   KEUANGAN,     MANAJEMEN                     34.   FINANCIAL INSTRUMENTS, FINANCIAL
      RISIKO KEUANGAN DAN RISIKO MODAL                              RISK MANAGEMENT AND CAPITAL RISK

      a. Manajemen Risiko Modal                                     a. Capital Risk Management

         Perusahaan mengelola risiko modal untuk                       The Company manages capital risk to
         memastikan bahwa mereka akan mampu                            ensure that it will be able to continue as a
         untuk melanjutkan keberlangsungan hidup,                      going concern, in addition to maximising
         selain memaksimalkan keuntungan para                          shareholder returns through the optimisation
         pemegang saham melalui optimalisasi saldo                     of debt and equity balances.
         utang dan ekuitas.

         Struktur modal Perusahaan terdiri dari kas di                 The Company's capital structure consists of
         bank dan ekuitas yang terdiri dari modal                      cash at bank and equity consisting of issued
         ditempatkan dan disetor serta saldo laba                      and paid-up capital and retained earnings
         (Catatan 21).                                                 (Note 21).

         Dewan Direksi Perusahaan secara berkala                       The Company's Board of Directors
         melakukan review struktur permodalan                          periodically reviews the Company's capital
         Perusahaan. Sebagai bagian dari reviu ini,                    structure. As part of this review, the Board
         Dewan Direksi mempertimbangkan biaya                          considers the cost of capital and associated
         permodalan dan risiko yang berhubungan.                       risks.

      b. Tujuan dan Kebijakan Manajemen Risiko                      b. Financial Risk Management Objectives
         Keuangan                                                      and Policies

         Tujuan dan kebijakan manajemen risiko                         The objective and policy of the Company's
         keuangan      Perusahaan     adalah     untuk                 financial risk management is to ensure that
         memastikan bahwa sumber daya keuangan                         adequate financial resources are available
         yang memadai tersedia untuk operasi dan                       for business operations and development, as
         pengembangan        bisnis,   serta    untuk                  well as to manage foreign currency risk,
         mengelola, risiko tingkat bunga, risiko mata                  credit risk and liquidity risk. The company
         uang dan risiko likuiditas. Perusahaan                        operates under the guidelines set by the
         beroperasi dengan pedoman yang telah                          Board of Directors
         ditentukan oleh Dewan Direksi.

         i. Manajemen Risiko Tingkat Bunga                             i. Interest Rate Risk Management

            Tingkat bunga mengacu kepada risiko                           Interest rate refers to the risk that the fair
            pada nilai wajar atau arus kas dari                           value or cash flows of a financial
            instrumen keuangan akan berfluktuasi                          instrument will fluctuate due to changes in
            karena perubahan di tingkat suku bunga                        market interest rates.
            pasar.

            Perusahaan terpapar risiko suku bunga                         The Company is exposed to interest rate
            karena Perusahaan dalam Perusahaan                            risk as entities within the Company
            meminjam dana dengan tingkat bunga                            borrow funds at floating interest rates.
            mengambang.




                                                     - 94 -
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PT INDO AMERICAN SEAFOODS Tbk                                            PT INDO AMERICAN SEAFOODS Tbk
DAN ENTITAS ANAK                                                                        AND ITS SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN                                    NOTES TO THE CONSOLIDATED FINANCIAL
KONSOLIDASIAN INTERIM (Lanjutan)                                          STATEMENTS INTERIM ( Continued)
Tanggal 30 September 2024 (Tidak Diaudit)                                 As of September 30, 2024 (Unaudited)
dan 31 Desember 2023 (Diaudit)                                                and December 31, 2023 (Audited)
Serta untuk Periode Sembilan Bulan yang Berakhir          And for the Nine-Months Period and for the Period then
pada Tanggal 30 September 2024 dan 2023                                    Ended September 30, 2024 and 2023
(Tidak Diaudit)                                                                                      (Unaudited)
(Disajikan dalam Rupiah Penuh,                                             (Expressed in Full Amount of Rupiah,
kecuali Dinyatakan Lain)                                                               unless Otherwise Stated)

            Eksposur Perusahaan terhadap suku                          The Company's exposure to interest rates
            bunga dalam liabilitas keuangan dirinci                    in financial liabilities is detailed in the
            dalam bagian manajemen risiko likuiditas                   liquidity risk management section of this
            pada catatan ini.                                          note.

         ii. Manajemen Risiko Mata Uang                             ii. Currency Risk Management
            Risiko mata uang adalah risiko di mana                     Currency risk is the risk that the fair value
            nilai wajar atau arus kas masa datang dari                 or future cash flows of a financial
            suatu     instrumen     keuangan     akan                  instrument will fluctuate due to changes in
            berfluktuasi akibat perubahan nilai tukar                  foreign exchange rates.
            mata uang asing.
            Eksposur Perusahaan terhadap fluktuasi                     The Company’s exposure to exchange
            nilai tukar terutama terkait dengan aset                   rate fluctuatoins is mainly related to
            dan liabilitas dalam mata uang asing pada                  assets and laibilities denominated in
            tanggal 30 September 2024 dan 31                           foreign currencies as of September 30,
            Desember 2023 adalah sebagai berikut:                      2024 and December 31, 2023 as fololws:

                                          30 September 2024/ September 30, 2024
                                             Mata Uang          Setara dengan
                                           Asing/ Foreign            Rp/
                                             Currency          Equivalent to Rp
            Aset                                                                  Assets
            Bank:                                                                 Banks:
            USD                                     260.470         3.942.996.117 USD
            Piutang Usaha Pihak Ketiga:                                           Trade Receivables Third Parties:
            USD                                    2.234.729       33.829.323.021 USD
           Jumlah Asset                            2.495.199       37.772.319.138 Total Assets
           Liabilitas                                                             Liabilities
           Utang Bank Jangka Pendek:                                              Short Term Bank Loan:
           USD                                     5.114.557       77.424.167.000 USD
           Jumlah Liabilitas                       5.114.557       77.424.167.000 Total Liabilities
           Jumlah Liabilitas Bersih              (2.619.358)      (39.651.847.862) Total Net Liabilities

                                          31 Desember 2023/ December 31, 2023
                                             Mata Uang         Setara dengan
                                           Asing/ Foreign           Rp/
                                             Currency         Equivalent to Rp
            Aset                                                                Assets
            Bank:                                                               Banks:
            USD                                  135.840,36       2.094.114.955 USD
            Piutang Usaha Pihak Ketiga:                                         Trade Receivables Third Parties:
            USD                                1.387.217,88      21.385.350.861 USD
           Jumlah Asset                        1.523.058,24      23.479.465.816 Total Assets
           Liabilitas                                                           Liabilities
           Utang Bank Jangka Pendek:                                            Short Term Bank Loan:
           USD                                   764.779,99      11.789.848.280 USD
           Jumlah Liabilitas                     764.779,99      11.789.848.280 Total Liabilities
           Jumlah Liabilitas Bersih              758.278,25      11.689.617.536 Total Net Liabilities



                                                     - 95 -
Page 100
PT INDO AMERICAN SEAFOODS Tbk                                                PT INDO AMERICAN SEAFOODS Tbk
DAN ENTITAS ANAK                                                                            AND ITS SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN                                        NOTES TO THE CONSOLIDATED FINANCIAL
KONSOLIDASIAN INTERIM (Lanjutan)                                              STATEMENTS INTERIM ( Continued)
Tanggal 30 September 2024 (Tidak Diaudit)                                     As of September 30, 2024 (Unaudited)
dan 31 Desember 2023 (Diaudit)                                                    and December 31, 2023 (Audited)
Serta untuk Periode Sembilan Bulan yang Berakhir              And for the Nine-Months Period and for the Period then
pada Tanggal 30 September 2024 dan 2023                                        Ended September 30, 2024 and 2023
(Tidak Diaudit)                                                                                          (Unaudited)
(Disajikan dalam Rupiah Penuh,                                                 (Expressed in Full Amount of Rupiah,
kecuali Dinyatakan Lain)                                                                   unless Otherwise Stated)

         iii. Manajemen Risiko Likuiditas                               iii. Liquidity Risk Management

            Tanggung jawab utama manajemen risiko                         Ultimate responsibility for liquidity risk
            likuiditas terletak pada dewan direksi,                       management lies with the board of directors,
            yang      telah     membangun   kerangka                      which has established a liquidity risk
            manajemen risiko likuiditas yang sesuai                       management framework that is appropriate
            untuk persyaratan manajemen likuiditas                        for the Company's short, medium and
            dan      pendanaan      jangka   pendek,                      long-term liquidity management and funding
            menengah          dan   jangka   panjang                      requirements. The Company manages
            Perusahaan. Perusahaan mengelola                              liquidity risk by maintaining adequate
            risiko     likuiditas  dengan    menjaga                      deposits, bank facilities and lending facilities
            kecukupan simpanan, fasilitas bank dan                        by continuously monitoring forecast and
            fasilitas simpan pinjam dengan terus-                         actual cash flows and matching the maturity
            menerus memonitor perkiraan dan arus                          profile of financial assets and liabilities.
            kas aktual dan mencocokkan profil jatuh
            tempo aset dan liabilitas keuangan.

            Tabel risiko likuiditas dan tingkat bunga:                    Liquidity and interest rate risk tables:

            Tabel berikut merinci sisa jatuh tempo                        The following table details the remaining
            kontrak untuk liabilitas keuangan non-                        contractual maturities for non-derivative
            derivatif dengan periode pembayaran                           financial liabilities with agreed payment
            yang disepakati Perusahaan. Tabel telah                       terms of the Company. The table has been
            disusun berdasarkan arus kas yang                             prepared based on the discounted cash
            didiskontokan dari liabilitas keuangan                        flows of the financial liabilities based on the
            berdasarkan tanggal terawal dimana                            earliest date on which the Company could
            Perusahaan     dapat     diminta  untuk                       be required to pay. The table includes both
            membayar. Tabel mencakup arus kas                             interest and principal cash flows.
            bunga dan pokok.


                                           30 September 2024/ September 30, 2024
                                 Kurang dari                   Lebih dari-
                                 Satu Tahun/                    2 Tahun/
                                Less than One   1 - 2 Tahun/   More than 2       Jumlah/
                                    Year        1 – 2 Years      Years            Total
           Utang Usaha kepada                                                                      Accounts Payable to
            Pihak Ketiga         10.645.094.570                   -            -    10.645.094.570  Third Party
                                                                                                   Property, Plant and
           Utang Pembelian                                                                         Equipment Purchase
           Aset Tetap                19.446.177                   -            -        19.446.177 Payable

           Utang Bank           197.771.078.247                   -            -   197.771.078.247 Bank Loans
           Jumlah               208.435.618.994                   -            -   208.435.618.994 Total




                                                         - 96 -
Page 101
PT INDO AMERICAN SEAFOODS Tbk                                             PT INDO AMERICAN SEAFOODS Tbk
DAN ENTITAS ANAK                                                                         AND ITS SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN                                     NOTES TO THE CONSOLIDATED FINANCIAL
KONSOLIDASIAN INTERIM (Lanjutan)                                           STATEMENTS INTERIM ( Continued)
Tanggal 30 September 2024 (Tidak Diaudit)                                  As of September 30, 2024 (Unaudited)
dan 31 Desember 2023 (Diaudit)                                                 and December 31, 2023 (Audited)
Serta untuk Periode Sembilan Bulan yang Berakhir           And for the Nine-Months Period and for the Period then
pada Tanggal 30 September 2024 dan 2023                                     Ended September 30, 2024 and 2023
(Tidak Diaudit)                                                                                       (Unaudited)
(Disajikan dalam Rupiah Penuh,                                              (Expressed in Full Amount of Rupiah,
kecuali Dinyatakan Lain)                                                                unless Otherwise Stated)

                                             31 Desember 2023/ December 31, 2023
                                  Kurang dari                    Lebih dari-
                                  Satu Tahun/                     2 Tahun/
                                 Less than One    1 - 2 Tahun/   More than 2          Jumlah/
                                     Year         1 – 2 Years      Years               Total
           Utang Usaha                                                                           Accounts Payable
           kepada                                                                                to
            Pihak Ketiga          20.407.901.137               -               -  20.407.901.137 Third Party
                                                                                                 Property, Plant and
           Utang                                                                                 Equipment
           Pembelian                                                                             Purchase
           Aset Tetap                 76.360.023               -               -      76.360.023 Payable
           Utang Bank            199.249.608.753               -               - 199.249.608.753 Bank Loans
           Liabilitas Sewa
             Kepada Pihak                                                                           Lease Liabilities
             Berelasi                624.277.457               -               -      624.277.457    to Related Parties
              Jumlah             220.358.147.370               -               - 220.358.147.370 Total

      c. Nilai Wajar Instrumen Keuangan                            c. Fair Value of Financial Instruments

         Direksi menganggap bahwa nilai tercatat aset                 The Directors consider that the carrying
         dan liabilitas keuangan diakui dalam laporan                 amounts of financial assets and liabilities
         keuangan mendekati nilai wajarnya karena                     recognised in the financial statements
         jatuh tempo dalam jangka pendek atau                         approximate their fair values due to their
         menggunakan tingkat bunga pasar.                             short-term maturities or market interest rates.

         Estimasi Nilai Wajar                                         Estimated Fair Value

         Nilai wajar aset dan liabilitas keuangan                     The fair values of financial assets and
         diestimasi untuk keperluan pengakuan,                        liabilities are estimated for recognition,
         pengukuran dan pengungkapan. Nilai wajar                     measurement and disclosure purposes. Fair
         adalah suatu jumlah dimana suatu aset dapat                  value is the amount at which an asset can be
         dipertukarkan     atau   suatu     liabilitas                exchanged or a liability settled between
         diselesaikan antara pihak yang memahami                      knowledge able and willing parties in an
         dan berkeinginan untuk melakukan transaksi                   arm's length transaction.
         wajar.

         PSAK 68 “ Pengukuran Nilai Wajar ”                           PSAK 68 "Fair Value Measurement" requires
         mensyaratkan         pengungkapan       atas                 disclosure of fair value measurements with
         pengukuran nilai wajar dengan tingkat hirarki                the following levels of fair value hierarchy:
         nilai wajar sebagai berikut:

          ●     Harga kuotasian (tidak disesuaikan)                   ● Quoted prices (unadjusted) in active
                dalam pasar aktif untuk aset atau                       markets for identical assets or liabilities
                liabilitas yang identik (Level 1).                      (Level 1).
          ●     Input selain harga kuotasian yang                     ● Inputs other than quoted prices included
                termasuk dalam Level 1 yang dapat                       in Level 1 that are observable for the
                diobservasi untuk aset atau liabilitas,                 asset or liability, either directly (e.g.,
                baik secara langsung (misalnya harga)                   prices) or indirectly (e.g., derivatives of
                atau secara tidak langsung (misalnya                    prices) (Level 2), and
                derivasi dari harga) (Level 2), dan




                                                      - 97 -
Page 102
PT INDO AMERICAN SEAFOODS Tbk                                                        PT INDO AMERICAN SEAFOODS Tbk
DAN ENTITAS ANAK                                                                                    AND ITS SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN                                                NOTES TO THE CONSOLIDATED FINANCIAL
KONSOLIDASIAN INTERIM (Lanjutan)                                                      STATEMENTS INTERIM ( Continued)
Tanggal 30 September 2024 (Tidak Diaudit)                                             As of September 30, 2024 (Unaudited)
dan 31 Desember 2023 (Diaudit)                                                            and December 31, 2023 (Audited)
Serta untuk Periode Sembilan Bulan yang Berakhir                      And for the Nine-Months Period and for the Period then
pada Tanggal 30 September 2024 dan 2023                                                Ended September 30, 2024 and 2023
(Tidak Diaudit)                                                                                                  (Unaudited)
(Disajikan dalam Rupiah Penuh,                                                         (Expressed in Full Amount of Rupiah,
kecuali Dinyatakan Lain)                                                                           unless Otherwise Stated)

          ●    Input untuk aset dan liabilitas yang                               ● Inputs for assets and liabilities that are not
               bukan berdasarkan data pasar yang                                    based on observable market data
               dapat diobservasi (input yang tidak                                  (unobservable inputs) (Level 3).
               dapat diobservasi) (Level 3).

         Nilai wajar instrumen keuangan yang tidak di                             The fair value of financial instruments that
         perdagangkan di pasar aktif ditentukan                                   are not traded in an active market is
         dengan menggunakan teknik penilaian                                      determined     using     certain     valuation
         tertentu. Teknik tersebut menggunakan data                               techniques.    These      techniques      use
         pasar yang dapat diobservasi sepanjang                                   observable market data to the extent
         tersedia dan seminimal mungkin mengacu                                   available and rely on estimates as a
         pada estimasi. Apabila seluruh input                                     minimum. If all significant inputs to the fair
         signifikan atas nilai wajar dapat diobservasi                            value are observable these financial
         instrumen keuangan ini termasuk dalam                                    instruments are included in level 2.
         level 2.

         Tabel berikut ini merangkum nilai wajar aset                             The following table summarises the fair value
         dan liabilitas:                                                          of assets and liabilities:

                                      Tingkat 1/         Tingkat 2/         Tingkat 3/          Jumlah/
                                       Level 1            Level 2            Level 3             Total
         30 September 2024                                                                                  September 30, 2024
         Aset yang nilai wajarnya                                                                           Assets whose fair
         Diungkapkan                                                                                        value is disclosed
         Aset Non-Keuangan                                                                                  Non-Financial Assets
         Aset Tetap                                -   68.366.993.855                    -   68.366.993.855 Fixed Assets

                                      Tingkat 1/         Tingkat 2/         Tingkat 3/          Jumlah/
                                       Level 1            Level 2            Level 3             Total
         30 September 2024                                                                                    September 30, 2024
         Liabilitas keuangan pada
         biaya perolehan                                                                                    Financial liabilities at
         diamortisasi                                                                                       amortised cost
           Utang Bank               197.771.078.247                     -                -   197.771.078.247 Bank Loans
           Utang Pembelian Aset                                                                              Property, Plant and
           Tetap                         19.446.177                     -                -        19.446.177 Equipment Purchase Payable
           Liabilitas Sewa kepada                                                                            Lease Liabilities to Related
           Pihak Berelasi                         -                     -                -                 - Parties
         Jumlah                     197.790.524.424                     -                -   197.790.524.424 Total

                                      Tingkat 1/         Tingkat 2/         Tingkat 3/          Jumlah/
                                       Level 1            Level 2            Level 3             Total
         31 Desember 2023                                                                                   December 31, 2023
         Aset yang nilai wajarnya                                                                           Assets whose fair
         Diungkapkan                                                                                        value is disclosed
         Aset Non-Keuangan                                                                                  Non-Financial Assets
         Aset Tetap                                -    74.113.104.582                   -   74.113.104.582 Fixed Assets




                                                               - 98 -
Page 103
PT INDO AMERICAN SEAFOODS Tbk                                                         PT INDO AMERICAN SEAFOODS Tbk
DAN ENTITAS ANAK                                                                                     AND ITS SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN                                                 NOTES TO THE CONSOLIDATED FINANCIAL
KONSOLIDASIAN INTERIM (Lanjutan)                                                       STATEMENTS INTERIM ( Continued)
Tanggal 30 September 2024 (Tidak Diaudit)                                              As of September 30, 2024 (Unaudited)
dan 31 Desember 2023 (Diaudit)                                                             and December 31, 2023 (Audited)
Serta untuk Periode Sembilan Bulan yang Berakhir                       And for the Nine-Months Period and for the Period then
pada Tanggal 30 September 2024 dan 2023                                                 Ended September 30, 2024 and 2023
(Tidak Diaudit)                                                                                                   (Unaudited)
(Disajikan dalam Rupiah Penuh,                                                          (Expressed in Full Amount of Rupiah,
kecuali Dinyatakan Lain)                                                                            unless Otherwise Stated)

                                      Tingkat 1/          Tingkat 2/          Tingkat 3/           Jumlah/
                                       Level 1             Level 2             Level 3              Total
         31 Desember 2023                                                                                        December 31, 2023
         Liabilitas keuangan pada
         biaya perolehan                                                                                       Financial liabilities at
         diamortisasi                                                                                          amortised cost
           Utang Bank               199.249.608.753                     -                  -    199.249.608.753 Bank Loans
           Utang Pembelian Aset                                                                                 Property, Plant and
           Tetap                         76.360.023                     -                  -         76.360.023 Equipment Purchase Payable
           Liabilitas Sewa kepada                                                                               Lease Liabilities to Related
           Pihak Berelasi               624.277.457                     -                  -        624.277.457 Parties
         Jumlah                     199.950.246.233                     -                  -    199.950.246.233 Total



35.   PENYAJIAN KEMBALI LAPORAN KEUANGAN                                35.    RESTATEMENT OF FINANCIAL STATEMENTS
      SEHUBUNGAN    DENGAN    PENAWARAN                                        IN CONNECTION WITH THE INITIAL PUBLIC
      UMUM SAHAM PERDANA                                                       OFFERING

      Sehubungan dengan Penawaran Umum Saham                                   In connection with the Initial Public Offering of
      Perdana PT Indo American Seafoods Tbk,                                   PT Indo American Seafoods Tbk, the Company
      Perusahaan telah menerbitkan kembali laporan                             has reissued the financial statements dated
      keuangan bertanggal 22 April 2024 disusun                                April 22, 2024 prepared in accordance with
      sesuai dengan Standar Akuntansi Keuangan di                              Financial Accounting Standards in Indonesia
      Indonesia yang meliputi Pernyataan dan                                   which include Statements and Interpretations
      Interpretasi yang diterbitkan oleh Dewan Standar                         issued by the Financial Accounting Standards
      Akuntansi Keuangan Ikatan Akuntan Indonesia                              Board of the Indonesian Institute of Accountants
      dan Dewan Standar Akuntansi Syariah Ikatan                               and the Sharia Accounting Standards Board of the
      Akuntan Indonesia serta peraturan regulator                              Indonesian Institute of Accountants as well as
      Pasar Modal, peraturan Otooritas Jasa                                    Capital Market regulator regulations, Financial
      Keuangan/Badan Pengawas Pasar Modal dan                                  Services Authority regulations/Capital Market and
      Lembaga Keuangan (OJK/Bapepam-LK) No.                                    Financial    Institutions  Supervisory     Agency
      VIII.G.7 tentang Penyajian dan Pengungkaapan                             (OJK/Bapepam-LK) No. VIII.G.7 concerning the
      Laporan Keuangan Emiten atau Perusahaan                                  Presentation and Disclosure of Financial
      Publik, dengan tambahan penyajian dan                                    Statements of Issuers or Public Companies, with
      pengungkapan sebagai berikut.                                            additional presentation and disclosure as follows.


      a. Laporan Posisi Keuangan                                              a. Statement of Financial Position

                                            31 Desember 2023/ December 31, 2023
                                      Sebelum                               Sesudah
                                      Penyajian                             Penyajian
                                    Kembali/Before    Penyesuaian/        Kembali/After
                                     Restatement        Adjusment         Restatement
          Aset Lancar                                                                                          Current Assets
           Piutang Lain-lain                                                                                     Other Receivables
           dari Pihak Berelasi          7.022.707.423         (7.022.707.423)                                -   to Related Parties
          Aset Tidak Lancar                                                                                  Non Current Assets
           Piutang Lain-lain                                                                                   Other Receivables
           dari Pihak Berelasi                        -         7.022.707.423                  7.022.707.423   to Related Parties




                                                               - 99 -
Page 104
PT INDO AMERICAN SEAFOODS Tbk                                                PT INDO AMERICAN SEAFOODS Tbk
DAN ENTITAS ANAK                                                                            AND ITS SUBSIDIARY
CATATAN ATAS LAPORAN KEUANGAN                                        NOTES TO THE CONSOLIDATED FINANCIAL
KONSOLIDASIAN INTERIM (Lanjutan)                                              STATEMENTS INTERIM ( Continued)
Tanggal 30 September 2024 (Tidak Diaudit)                                     As of September 30, 2024 (Unaudited)
dan 31 Desember 2023 (Diaudit)                                                    and December 31, 2023 (Audited)
Serta untuk Periode Sembilan Bulan yang Berakhir              And for the Nine-Months Period and for the Period then
pada Tanggal 30 September 2024 dan 2023                                        Ended September 30, 2024 and 2023
(Tidak Diaudit)                                                                                          (Unaudited)
(Disajikan dalam Rupiah Penuh,                                                 (Expressed in Full Amount of Rupiah,
kecuali Dinyatakan Lain)                                                                   unless Otherwise Stated)

                                           31 Desember 2023/ December 31, 2023
                                     Sebelum                               Sesudah
                                     Penyajian                             Penyajian
                                   Kembali/Before    Penyesuaian/        Kembali/After
                                    Restatement        Adjusment         Restatement
          Liabilitas Jangka
          Pendek                                                                             Current Liabilities
           Utang Lain-lain                                                                     Other Payables
           Pihak Ketiga                 41.000.000         (41.000.000)                    -   Third Parties
           Liabilitas Sewa
           Kepada Pihak                                                                          Lease Liabilitites
           Berelasi                  3.544.938.809          (5.722.543)        3.539.216.266     to Related Parties
          Liabilitas Jangka
          Panjang                                                                            Non Current Liabilities
           Utang Lain-lain                                                                     Other Payables
           Pihak Ketiga                          -          41.000.000            41.000.000   Third Parties
           Liabilitas Sewa
           Kepada Pihak                                                                          Lease Liabilitites
           Berelasi                    630.000.000          (5.722.543)         624.277.457      to Related Parties

    b. Laporan Laba Rugi             dan   Penghasilan             b. Statements of Profit or Loss and Other
       Komprehensif Lain                                              Comprehensive Income

                                             31 Desember 2023/ December 31, 2023
                                       Sebelum                               Sesudah
                                       Penyajian                             Penyajian
                                     Kembali/Before    Penyesuaian/        Kembali/After
                                      Restatement        Adjusment         Restatement
          Laba Tahun Berjalan                                                                     Profit for the Year
          Sebelum Dampak                                                                          Before Impact of
          Penyesuaian Proforma          2.090.962.503       (345.511.104)        1.745.451.401    Proforma Adjusment
          Penjualan                   199.286.842.851        (64.048.646)      199.222.794.205    Sales
          Pendapatan Lain - Lain           39.142.936          64.048.646          103.191.582    Other Income

    c.   Laporan Arus Kas                                          c.     Statements of Cashflow

                                           31 Desember 2023/ December 31, 2023
                                     Sebelum                               Sesudah
                                     Penyajian                             Penyajian
                                   Kembali/Before    Penyesuaian/        Kembali/After
                                    Restatement        Adjusment         Restatement
          Arus Kas dari                                                                      Cash Flow From
          Aktivitas Operasi                                                                  Operating Activities
           Penerimaan Kas                                                                      Cash Receipt from
           dari Pelanggan          234.476.485.935       (613.781.045)       233.862.704.890   Customer
           Pembayaran                                                                          Cash paid to
           kepada pemasok          142.299.879.569      73.594.312.884       215.894.192.453   Supplier




                                                        - 100 -

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Pages104
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Names mentioned 142 people and organisations named in the text · linked when the evidence is strong

linked org INDO AMERICAN SEAFOODS Tbk p.1 ×474
linked person Ibnu Syena Alfitra p.11 ×6
linked org Indo | American p.13 ×5
linked org Bank Mandiri p.44 ×17
linked org Bank Jtrust Indonesia p.44 ×22
linked org Bank Mega p.44 ×5
linked org Global Investama p.47 ×3
linked org Sinar Mas p.48 ×3
linked org Sukses Makmur p.55
linked org AKR Corporindo Tbk p.55 ×4
linked org PT Mandiri Tunas Finance p.57 ×5
linked org BFI Finance Indonesia p.58 ×3
possible org Negara Republik Indonesia p.10
possible person Leo Herlambang · Ketua p.11 ×3
possible org Otoritas Jasa Keuangan p.14 ×2
possible org Bursa Efek Indonesia p.14 ×2
possible org Bank Rakyat Indonesia p.44 ×3
possible person Iwan p.45
possible person Suharto p.57 ×2
possible org Indo American American Seafoods Tbk p.70 ×2
unresolved org American Seafoods Tbk. p.3 ×5
unresolved person Keuanganl F · Direktur p.4
unresolved org Bank Loans Beban Akrual p.6
unresolved person Dachlan p.10
unresolved person Akhmadi Dachlan p.10
unresolved org Ministry of Law p.10
unresolved person Rosida Rajagukguk-Rajagukguk-Siregar p.10
unresolved person Siregar p.10
unresolved person Ir. Sutami Km. p.10 ×6
unresolved org PT Indo p.11 ×5
unresolved — Gustav · Sekretaris Perusahaan p.11
unresolved person Samsul Huda · Anggota p.11 ×2
unresolved person Eka Anugeraha Putera · Anggota p.11 ×2
unresolved person Herlina Wahyuni p.12
unresolved org PT Indokom Samudra Persada p.12 ×11
unresolved org PT Indokom Samudra p.12 ×5
unresolved org PT Indokom Persada p.12
unresolved org PT Indokom Perusahaan p.12
unresolved person Kardiansyah p.13
unresolved person Achmad Kardiansyah p.13
unresolved org PT ISP p.13 ×2
unresolved person Saimi Saleh Ibnu Syena p.13 ×24
unresolved org PT Indokom p.13 ×5
unresolved org PT Indokom Samudra Samudra Persada p.13
unresolved person Saimi p.13
unresolved org PT Indo Persada p.13
unresolved org Indonesia Stock Exchange p.14 ×2
unresolved org Pengawas p.15
unresolved org Bapepam-LK p.15 ×4
unresolved org Bank Indonesia p.29 ×2
unresolved org Bank Negara Indonesia Bank Rakyat Indonesia p.44
unresolved org Bank Rakyat Indonesia Bank BTPN p.44
unresolved org Bank BTPN Bank Mandiri p.44 ×2
unresolved org Bank Mandiri Bank Jtrust Indonesia p.44
unresolved org Bank Jtrust Indonesia Bank Mega Syariah p.44
unresolved org Bank Mega Syariah Sub p.44 ×2
unresolved org Bank Mandiri Bank Mega Syariah p.44
unresolved org Bank Mega Syariah Bank Negara Indonesia p.44
unresolved org Bank Negara Indonesia Bank Jtrust Indonesia p.44
unresolved org Bank Jtrust Indonesia Bank Rakyat Indonesia p.44
unresolved person Iwan Deska p.45
unresolved org PT Maju Tambak Sumur p.45 ×2
unresolved org PT Maju Tambak Sumur Lain-lain p.45
unresolved org US Dollar Censea Inc. p.45
unresolved org Censea Inc. Nissui Corporation p.45
unresolved org Nissui Corporation p.45
unresolved org Inc Hohsui Corporation p.45
unresolved org Hohsui Corporation p.45
unresolved org T Seafoods Inc p.45
unresolved org T Seafoods Inc Eastern Fish Company LLC p.45
unresolved org Eastern Fish Company LLC Kyo Kuyo Co., Ltd. p.45
unresolved org Kyo Kuyo Co., Ltd. p.45
unresolved org Crystal Cove Seafoods Corp. p.45
unresolved org Crystal Cove Seafoods Corp. San Sugar Co., Ltd. p.45
unresolved org San Sugar Co., Ltd. p.45
unresolved org Yachiyo Co. Eiger Co., Ltd. p.45
unresolved org Eiger Co., Ltd. p.45
unresolved org Bank Jtrust p.46 ×5
unresolved org PT Indokom Citra Persada p.47 ×2
unresolved org PT Indokom Citra Persada CV Kanian Persada p.47
unresolved org PT Indokom Global Investama p.47 ×3
unresolved org PT Indokom Global Persada p.47 ×2
unresolved org PT Indokom Global Persada Jumlah Bersih p.47
unresolved org PT Indokom Citra p.47
unresolved org PT Indokom Global p.47 ×2
unresolved org PT Irian Marine Rp p.48
unresolved org PT Irian Marine p.48
unresolved org PT Asuransi Sinar Mas p.48 ×2
unresolved org Bank Mandiri Indonesia p.49 ×6
unresolved org PT Asuransi Sinar p.53
unresolved person Usman Saleh p.54 ×6
unresolved person Ishak Saleh p.54 ×2
unresolved person Rico Damona Usman p.54 ×2
unresolved org PT Konverta Mitra Abadi p.55
unresolved org PT CJ Cheiljedang Feed p.55
unresolved org PT Utomo Print p.55
unresolved person Ismanto p.55
unresolved person Ismanto Windu Segara Hatchery p.55
unresolved org PT Mandiri Jaya Perkasa p.55
unresolved org PT Sakti Biru Indonesia p.55
unresolved org PT Gatot Eko Andoyo p.55 ×2
unresolved org PT Thai Union Kharisma p.55
unresolved org PT Indolabel Surya Pratama p.55
unresolved org PT Tri Jaya Sukses p.55
unresolved org PT Surya Serba Mulia p.55
unresolved org PT Sinergy Indopack Makmur p.55
unresolved org PT Gemilang Primajaya p.55
unresolved org PT Dinamika Lubsindo Utama p.55
unresolved org PT Sumatra Motor Teknindo p.55 ×2
unresolved org PT Lima Pendawa p.55
unresolved org PT Delos Rantai Maritim p.55
unresolved org PT Seven Mountain p.55
unresolved person Cipto p.55
unresolved person Cipto Intiragam Oliefindo p.55
unresolved org PT Nusa Jaya p.55
unresolved org PT International Packaging p.55
unresolved org PT Choice Canning Company Inc p.55 ×2
unresolved org PT Ahmad Heriyadi p.55
unresolved org PT Grahamakmur Ciptapratama p.56
unresolved org PT Sumatraco Langgeng Abadi p.56
unresolved org PT Prima Akuakultur Lestari p.56
unresolved org PT Masatu Putra p.56
unresolved org PT Indo American Rp p.57
unresolved org PT Indo American Food p.57
unresolved org PT Mandiri Tunas p.57 ×2
unresolved org PT Mandiri p.58 ×5
unresolved org Bank BTPN PSF USD p.62
unresolved org Bank BTPN PSF USD Bank BTPN ARF USD p.62
unresolved org Bank BTPN ARF USD Sub p.62
unresolved org Bank BTPN APF-IDR p.63
unresolved org Bank BTPN APF-IDR Fasilitas Kredit p.63
unresolved org Bank BTPN ARF USD p.63
unresolved org Bank BTPN ARF USD Bank BTPN PSF USD p.63
unresolved org Bank BTPN PSF USD Bank BTPN LOC p.63
unresolved org Bank BTPN LOC p.63
unresolved org Bank Overdraft Credit p.64
unresolved org Bank Fasilitas Kredit Rekening Koran p.64
unresolved org Bank BTPN. BTPN. Peminjam p.66
unresolved org PT Indokom Samudra Samudra p.70
unresolved org Seafoods Tbk p.70
unresolved org Bank Mandiri. Bank Mandiri. Tujuan p.73

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