CAPITAL MANAGEMENT continued SUBSEQUENT EVENTS

112 NOTES TO CONSOLIDATED FINANCIAL STATEMENTS continued DECEMBER 31, 2011 AND 2010, AND YEARS ENDED DECEMBER 31, 2011 AND 2010 Figures in tables are presented in billions of Rupiah, unless otherwise stated 113

48. SUMMARY OF SIGNIFICANT DIFFERENCES BETWEEN IFAS AND IFRS continued

DESCRIPTION IFAS RECONCILIATION IFRS CONSOLIDATED STATEMENT OF FINANCIAL POSITION DECEMBER 31, 2011 continued LIABILITIES AND EQUITY CURRENT LIABILITIES Trade payables Related parties 838 - 838 Third parties 7,479 - 7,479 Other payables 37 - 37 Taxes payables 1,039 - 1,039 Dividend payables 1 - 1 Accrued expenses 4,790 - 4,790 Unearned income 2,821 - 2,821 Advances from customers and suppliers 271 - 271 Short-term bank loans 100 - 100 Current maturities of long-term liabilities 4,813 - 4,813 Total Current Liabilities 22,189 - 22,189 NON-CURRENT LIABILITIES Deferred tax liabilities - net 3,794 346 3,448 Unearned income 242 - 242 Long service awards provisions 287 - 287 Post-retirement health care benefits provisions 888 673 1,561 Pension and other post-retirement benefit costs provisions 1,715 1,296 3,011 Long term liabilities- net of current maturities Obligations under finance leases 314 - 314 Two step loans - related party 2,012 - 2,012 Bonds and notes 3,401 - 3,401 Bank loans 7,231 - 7,231 Total Non-current Liabilities 19,884 1,623 21,507 TOTAL LIABILITIES 42,073 1,623 43,696 NOTES TO CONSOLIDATED FINANCIAL STATEMENTS continued DECEMBER 31, 2011 AND 2010, AND YEARS ENDED DECEMBER 31, 2011 AND 2010 Figures in tables are presented in billions of Rupiah, unless otherwise stated 114

48. SUMMARY OF SIGNIFICANT DIFFERENCES BETWEEN IFAS AND IFRS continued

DESCRIPTION IFAS RECONCILIATION IFRS CONSOLIDATED STATEMENT OF FINANCIAL POSITION DECEMBER 31, 2011 continued EQUITY EQUITY ATTRIBUTABLE TO OWNERS OF THE PARENT Capital stock 5,040 - 5,040 Additional paid-in capital 1,073 - 1,073 Treasury stock 6,323 - 6,323 Difference in value arising from restructuring between transactions and other transactions entities under common control 478 478 - Difference due to change of equity in associated companies 386 386 - Unrealized holding gain from available-for-sale securities 47 47 - Translation adjustment 240 240 - Difference due to acquisition of non-controlling interest in subsidiaries 485 485 - Other reserves - 56 56 Retained earnings 47,054 1,189 45,865 Total Equity Attributable To Owners Of The Parent 47,510 1,799 45,711 Non-controlling Interest 13,471 156 13,315 TOTAL EQUITY 60,981 1,955 59,026 TOTAL LIABILITIES AND EQUITY 103,054 332 102,722