PGN Annual Report (Digital)
2012 PGN Performance
Adoption of USD reporting
Starting 2012, the Company changed the presentation currency of the consolidated financial statements from Rupiah to United States Dollars (USD). This was due to the adoption of PSAK No. 10 “The Effects of Changes in Foreign Exchange Rates.” The change of currency presentation minimized the fluctuation of translation gain/loss in the financial statements, thus reflected a more accurate financial performance.
Independent Auditor Report
Consolidated financial statements are fairly stated in all material respects in accordance with financial accounting standards in Indonesia.
Presentation and Disclosure of Financial Statements
In presenting and disclosing of financial statements, PGN has complied with BAPEPAM and LK Regulation
No. VIII.G.7 regarding Presentation
and Disclosure of Financial Statements of Public Company.