Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited (the Stock Exchange ) take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement. (Incorporated in the Cayman Islands with limited liability) (Stock Code: 8061) OVERSEAS REGULATORY ANNOUNCEMENT The following is a translation of an announcement of PT First Media Tbk (a subsidiary of AcrossAsia Limited ( AcrossAsia ) listed on the Indonesia Stock Exchange in which AcrossAsia has an approximately 55.1% interest) published on the Indonesia Stock Exchange. Hong Kong, 3rd August, 2015 1
Letter No. SB-044/CSL/LKTT/VII/2015 Company Name First Media Tbk Stock Code KBLV Attachment 1 Subject Proof of Advertisement Submission of Information of Interim Financial Statements The Company/Issuer herewith conveys the proof of advertisement on the Information of the Interim Financial Statements that has been advertised in the printed media: Information Name of Print Media Date of Publication Interim Financial Statements for 2015 Suara Pembaruan 31st July, 2015 Name of Sender Harianda Noerlan Position Corporate Secretary Date and Time 31 July 2015 19:14:31 Attachment KBLV - SPembaruan - Bukti Iklan LKTT.pdf This document is an official document of First Media Tbk which does not require a signature since it is electronically generated by the electronic reporting system. First Media Tbk takes full responsibility for the information contained in this document. 2
INTERIM CONSOLIDATED STATEMENTS OF FINANCIAL POSITION As of June 30, 2015 (Unaudited), December 31, 2014 and January 1, 2014 (in Million Rupiah, except shares data) Gedung BeritaSatu Plaza, Lantai 4 Jl. Jend. Gatot Subroto Kav. 35-36 Jakarta - 12950 Tel: (21) 5577-7755 Fax: (21) 55577-7373 ASSETS 30th June 2015 31st December 2014 *) 1st Janauary 2014 *) CURRENT ASSETS Cash and cash equivalents 147,165 317,412 392,453 Trade receivables Related parties 4,998 18,940 2,074 Third parties 122,162 92,209 601,086 Other current financial assets 223,510 220,282 27,311 Inventories 216,762 184,228 - Prepaid taxes 313,271 276,413 65,105 Prepaid expenses 281,566 369,147 135,552 TOTAL CURRENT ASSETS 1,309,434 1,478,631 1,223,581 NON-CURRENT ASSETS Non-trade receivables from related parties 626,354 584,631 571,707 Other non-current financial assets 137,381 150,529 38,445 Investment in associates 6,308,474 6,200,739 18,458 Property, plant and equipment 2,130,464 1,957,605 2,749,755 Intangible assets 1,455,876 1,625,211 115,239 Customer acquisition cost - Net 155,256 85,898 - Long-term prepayment Advances Other non-current assets Deferred tax assets TOTAL NON-CURRENT ASSETS 167,668 195,723 125,400 215,528 196,534 101,886 27,426 23,264 78,120 671,411 463,848 219,101 11,895,838 11,483,9824,018,11 TOTAL ASSETS 13,205,272 12,962,613 5,241,692 3
INTERIM CONSOLIDATED STATEMENTS OF FINANCIAL POSITION (Continued) As of June 30, 2015 (Unaudited), December 31, 2014 and January 1, 2014 (in Million Rupiah, except shares data) LIABILITIES AND EQUITY 30th June 2015 31st December 2014 *) 1st Janauary 2014 *) LIABILITIES CURRENT LIABILITIES Trade payables Related parties 94,123 277,810 153,055 Third parties 635,182 488,776 229,708 Accrued expenses 424,012 273,089 133,419 Taxes payable 12,043 8,630 33,970 Short-term employee benefit liabilities 6,796 5,823 15,848 Current maturities of long-term debts : Long-term borrowing from bank and other financial institutions 505,944 290,619 305,906 Obligation under finance lease 74,584 24,436 53,389 Other short-term financial liabilities 42,516 51,273 198,011 Short-term loan 294,490 7,543 12,000 Other short-term liabilities 38,486 31,869 470,901 TOTAL CURRENT LIABILITIES 2,128,176 1,459,868 1,606,207 NON-CURRENT LIABILITIES Long-term borrowing from bank and other financial institutions 1,473,017 1,477,863 262,799 Obligation under finance lease 154,052 212,375 127,898 Bonds payable - - 736,829 Other long-term financial liabilities 6,131 26,291 8,284 Long-term employee benefit liabilities 44,433 31,010 65,577 Deferred tax liabilities 368,778 368,778 - TOTAL NON-CURRENT LIABILITIES 2,046,411 2,116,317 1,201,387 TOTAL LIABILITIES 4,174,587 3,576,185 2,807,594 EQUITY Equity attributable to equity holders of Parent Entity Capital stock - Par value of Rp500 per share Authorized - 6,967,587,600 shares as of June 30, 2015, December 31, 2014 and January 1, 2014 respectively Issued and fully paid - 1,742,167,907 shares as of June 30, 2015, December 31, 2014 and January 1, 2014 respectively 871,084 871,084 871,084 Additional paid-in capital - net (12,220) (12,220) (12,220) Difference in changes on equity of subsidiaries transactions - 235 1,028,828 Other comprehensive income 357 1,538 2,135 Retained earnings (deficit) 7,113,714 7,390,427 (342,352) Total Non-controlling interests TOTAL STOCKHOLDERS' EQUITY 7,972,935 8,251,064 1,547,475 1,057,750 1,135,364 886,623 9,030,685 9,386,428 2,434,098 TOTAL LIABILITIES AND EQUITY 13,205,272 12,962,613 5,241,692 4
INTERIM CONSOLIDATED STATEMENTS OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME For the Six-Month Periods Ended June 30, 2015 (Unaudited) and 2014 (Unaudited) (in Million Rupiah, except shares data) 2015 (6 months) 2014 (6 months) REVENUES 475,102 1,173,196 COST OF SERVICES (587,009) (310,039) GROSS PROFIT (LOSS) (111,907) 863,157 Selling expenses (77,707) (75,831) General and administrative expenses (216,485) (253,406) Depreciation and amortization expenses (366,447) (224,279) Loss on foreign exchange in fair value of foreign currency option - net (72,086) (3,874) Gain (Loss) on disposal of property, plant and equipment 176 (729) Tax expenses (7,815) (39,214) Others - net 14,125 5,921 OPERATING PROFIT (LOSS) (838,146) 271,745 Finance costs - net (113,806) (55,597) Share of gain (loss) from associates 105,970 (14,825) Gain from sale of partial stock subsidiaries 7,021 - PROFIT (LOSS) BEFORE INCOME TAX (838,961) 201,323 Income tax expenses 206,545 (94,191) PROFIT (LOSS) FOR THE PERIOD (632,416) 107,132 Other comprehensive (loss) income Item not realized to profit or loss Remeasurement on defined benefit plans (3,581) (199) Gain on financial asset available for sale 459 - Income tax related to item not realized to profit or loss 780 50 TOTAL COMPREHENSIVE INCOME (LOSS) FOR THE PERIOD (634,758) 106,983 Income (loss) attributable to : Equity holders of the Parent Entity (276,713) 1,782 Non-controlling interests (355,703) 105,350 Total (632,416) 107,132 Comprehensive income (loss) attributable to : Equity holders of the Parent Entity (279,055) 1,633 Non-controlling interests (355,703) 105,350 Total (634,758) 106,983 BASIC INCOME (LOSS) PER SHARE (in full Rupiah) (159) 1 5
INTERIM CONSOLIDATED STATEMENT OF CASH FLOWS For the Six-Month Periods Ended June 30, 2015 (Unaudited) and 2014 (Unaudited) (in Million Rupiah) 2015 (6 months) 2014 (6 months) CASH FLOWS FROM OPERATING ACTIVITIES Cash received from subscribers 561,278 1,123,612 Payment to suppliers (643,213) (253,656) Payment for operating expenses (144,708) (105,242) Payment to employees (125,915) (191,269) Income taxes paid (5,385) (119,573) Interest paid - net (74,708) (26,893) Other cash received (payment) (207,749) 12,953 Net cash flows (used in) provided by operating activities (640,400) 439,932 CASH FLOWS FROM INVESTING ACTIVITIES Property, plant and equipment Sales 11,543 4 Acquisition (184,982) (467,976) Investment in associates Acquisition (6,485) (15,000) Proceed from initial public offering of subsidiary - 486,824 Proceed from sale of partial stock of subsidiary 4,988 - Net cash flows provided by (used in) investing activities (174,936) 3,852 CASH FLOWS FROM FINANCING ACTIVITIES Bank loans and financial institution Receipt 522,599 98,076 Payment (107,690) (169,129) Receipts of factoring payables 50,000 - Proceeds from additional paid-in capital of subsidiaries 195,835 - Proceeds from finance lease obligation 176,584 - Payment of finance lease obligation (183,884) (117,508) Disbursement for stock issuance cost of subsidiary - (7,128) Payment dividend for non-controlling interest - (14,261) Net cash flows (used in) provided by financing activities 653,444 (209,950) NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS (161,891) 233,834 CASH AND CASH EQUIVALENTS AT THE BEGINNING OF PERIODS 317,412 392,453 NOT CONSOLIDATED SUBSIDIARY (8,729) - Effect in foreign exchange changes in cash and cash equivalents 374 (352) CASH AND CASH EQUIVALENTS AT THE END OF THE PERIODS 147,165 625,935 6
Notes: - The above financial information based on: The interim consolidated financial statements as of June 30, 2015 and for the six month period ended June 30, 2015 unaudited. The interim consolidated financial statements as of December 31, 2014 and January 1, 2014 were represented for the six month period ended June 30, 2014 were represented. Because the above financial information based on the consolidated financial statements, thereby the information is not complete of the consolidation financial statements. - *) Represented with respect to the implementation of SFAS 24 (Revised 2013), Employee Benefits. Jakarta, 31 July, 2015 PT First Media Tbk Board of Directors" This announcement, for which the Directors of AcrossAsia (namely, executive Director: Mr. Vicente Binalhay ANG; and independent non-executive Directors: Mr. Albert Saychuan CHEOK, Dr. Boh Soon LIM and Mr. Thomas Yee Man LAW) collectively and individually accept full responsibility, includes particulars given in compliance with the Rules Governing the Listing of Securities on the Growth Enterprise Market (the GEM ) of the Stock Exchange for the purpose of giving information with regard to AcrossAsia. The Directors, having made all reasonable enquiries, confirm that to the best of their knowledge and belief the information contained in this announcement is accurate and complete in all material respects and not misleading or deceptive, and there are no other matters the omission of which would make any statement herein or this announcement misleading. This announcement will remain on the Latest Company Announcements page of the GEM website at www.hkgem.com for at least seven days from its date of publication and on AcrossAsia s website at www.across-asia.com. 7