INVESTMENTS IN ASSOCIATES FinRpt TW3 SMGR LK SMI 30 Sept 2015

DAN ENTITAS ANAK CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN UNTUK PERIODE YANG BERAKHIR PADA 30 SEPTEMBER 2015 Disajikan dalam ribuan Rupiah, kecuali dinyatakan lain Lanjutan PT SEMEN INDONESIA PERSERO Tbk AND ITS SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS FOR THE PERIOD ENDED SEPTEMBER 30, 2015 Expressed in thousands of Rupiah, unless otherwise stated Continued - 62 - Rincian jumlah aset dan liabilitas pada tanggal 30 September 2015 dan 2014, serta jumlah pendapatan dan laba periode jalan untuk periode yang berakhir pada tanggal-tanggal tersebut dari masing-masing entitas asosiasi adalah sebagai berikut: Details of total assets and liabilities as of September 30, 2015 and 2014, total revenues and income for the period then ended of respective associates are as follows: Laba rugi bersih periode berjalan Total aset Total liabilitas Pendapatan Income for Nama entitas asosiasi Total assets Total liabilities Revenue the period Name of associate Perseroan The Company PT Swadaya Graha 513.034.818 402.848.466 1.000.601.840 15.541.928 PT Swadaya Graha PT Varia Usaha 1.554.774.156 1.051.446.062 5.246.152.426 68.805.773 PT Varia Usaha Entitas anak SP Subsidiary SP PT Igasar 116.264.147 115.604.823 381.382.531 1.942.827 PT Igasar 2.184.073.121 1.569.899.351 6.628.136.797 82.404.874 Laba rugi bersih periode berjalan Total aset Total liabilitas Pendapatan Income for Nama entitas asosiasi Total assets Total liabilities Revenue the period Name of associate Perseroan The Company PT Swadaya Graha 513.034.818 402.848.466 1.000.601.840 24.942.813 PT Swadaya Graha PT Varia Usaha 1.554.774.156 1.051.446.062 5.246.152.426 103.985.363 PT Varia Usaha Entitas anak SP Subsidiary SP PT Igasar 116.264.147 115.604.823 381.382.531 1.942.827 PT Igasar 2.184.073.121 1.569.899.351 6.628.136.797 126.985.349 30 September 2015 September 30, 2015 Unaudited 31 Desember 2014 December 31, 2014 Unaudited Persentase kepemilikan entitas anak SP pada PT Igasar kurang dari 20 namun kepemilikan tersebut diklasifikasi sebagai investasi pada entitas asosiasi karena SP mempunyai pengaruh signifikan pada PT Igasar melalui Koperasi Keluarga Besar Semen Padang. The percentage ownership of the subsidiary SP in PT Igasar is less than 20, but such ownership is classified as investments in associates as the SP has a significant influence on PT Igasar through Koperasi Keluarga Besar Semen Padang. DAN ENTITAS ANAK CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN UNTUK PERIODE YANG BERAKHIR PADA 30 SEPTEMBER 2015 Disajikan dalam ribuan Rupiah, kecuali dinyatakan lain Lanjutan PT SEMEN INDONESIA PERSERO Tbk AND ITS SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS FOR THE PERIOD ENDED SEPTEMBER 30, 2015 Expressed in thousands of Rupiah, unless otherwise stated Continued - 63 - 14. PROPERTI INVESTASI

14. INVESTMENT PROPERTIES

MUTASI MOVEMENTS 31 Desember 30 September December 31, September 30, 2014 Penambahan Pengurangan Reklasifikasi 2015 Unaudited Additions Deductions Reclassification Unaudited Biaya perolehan Acquisition cost Tanah 3.944.747 - 101.513 - 3.843.234 Land Bangunan dan prasarana 223.035.511 - 231.722 6.069.999 228.873.788 Buildings and infrastructure Jumlah 226.980.258 - 333.235 6.069.999 232.717.022 Total Akumulasi penyusutan Accumulated depreciation Bangunan dan prasarana 43.662.412 11.235.159 23.172 - 54.874.399 Buildings and infrastructure Jumlah 43.662.412 11.235.159 23.172 - 54.874.399 Total Nilai buku neto 183.317.846 177.842.623 Net book value Nilai wajar properti investasi pada tanggal 30 September 2015 dan 31 Desember 2014, entitas anak SP dan KIG masing masing sebesar Rp459.313.567 dan Rp464.788.789 berdasarkan penilaian pada tanggal tersebut oleh Briskindo Konsultan SP dan KJPP Guntur Eki Andri dan Rekan KIG, penilai independen. The fair value of property investment as of September 30, 2015 and December 31, 2014 of the subsidiaries SP dan KIG amounted to Rp459.313.567 and Rp464,788,789 respectively, based on the valuation carried out at that date by Briskindo Konsultan SP and KJPP Guntur Eki Andri dan Rekan KIG, independent valuers. Beban penyusutan sebesar Rp11.235.159 dan Rp3.362.822 masing-masing untuk periode 30 September 2015 dan 2014 dicatat sebagai beban pokok pendapatan. Depreciation expense in September 30, 2015 and 2014 amounting to Rp11,235,159 and Rp3,362,822 were recorded under cost of revenue. Penghasilan sewa properti investasi periode 30 September 2015 dan 2014 masing-masing sebesar Rp5.683.333 dan Rp12.892.023. Rental income on investment properties in September 30, 2015 and 2014 amounted to Rp5,683,333 and Rp12,892,023, respectively. DAN ENTITAS ANAK CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN UNTUK PERIODE YANG BERAKHIR PADA 30 SEPTEMBER 2015 Disajikan dalam ribuan Rupiah, kecuali dinyatakan lain Lanjutan PT SEMEN INDONESIA PERSERO Tbk AND ITS SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS FOR THE PERIOD ENDED SEPTEMBER 30, 2015 Expressed in thousands of Rupiah, unless otherwise stated Continued - 64 - 15. ASET TETAP

15. FIXED ASSETS

31 Desember 30 September December 31, Selisih kurs September 30, 2014 Penambahan Pengurangan Reklasifikasi Foreign 2015 Unaudited Additions Deductions Reclassifications exchange Unaudited Biaya perolehan: Acquisition cost: Pemilikan Langsung Direct Ownership Tanah 228.355.778 - - - - 228.355.778 Land Tanah pertambangan 189.538.925 - - - - 189.538.925 Mining properties Bangunan, jalan, jembatan Buildings, roads, bridges dan pelabuhan 6.780.274.518 56.306.209 4.191.584 276.059.757 154.979.832 7.263.428.732 and harbors Mesin-mesin 18.135.300.237 170.789.844 16.439.362 499.250.393 289.107.442 19.078.008.554 Machinery Heavy equipment and Alat-alat berat dan kendaraan 978.626.174 17.890.224 12.091.203 2.085.543 1.705.863 988.216.601 vehicles Perlengkapan dan peralatan Furniture and office kantor 553.301.847 15.992.054 - 11.549.267 358.630 581.201.798 equipment Aset dalam penyelesaian: Construction in progress: Tanah 551.417.768 145.161.767 - - - 696.579.535 Land Bangunan, jalan, jembatan Buildings, roads, bridges dan pelabuhan 635.474.118 459.968.861 14.126.969 229.142.812 9.223.866 861.397.064 and harbors Mesin-mesin 1.495.470.058 1.493.141.674 - 437.883.796 - 2.550.727.936 Machinery Heavy equipment and Alat-alat berat dan kendaraan 22.163.044 31.805.815 - 31.117.863 - 22.850.996 vehicles Perlengkapan 158.317.592 50.341.925 - 78.924.440 - 129.735.077 Equipment Pabrik semen 286.392.548 1.452.846.093 - 107.091.015 - 1.632.147.626 Cement plant Pembangkit tenaga listrik 9.966.295 - - 9.966.295 - - Power plants 30.004.666.312 3.894.244.466 46.849.118 85.248.671 455.375.633 34.222.188.622 Aset Sewa Pembiayaan Leased Assets Bangunan 120.623.955 - - 382.722 - 120.241.233 Buildings Kapal dan kendaraan 172.721.939 12.665.547 51.315.223 35.262.500 - 169.334.763 Vessels and vehicles Perlengkapan dan peralatan Furniture and office kantor 40.534.782 - 2.727.231 - - 37.807.551 equipment 333.880.676 12.665.547 54.042.454 34.879.778 - 327.383.547 30.338.546.988 3.906.910.013 100.891.572 50.368.893 455.375.633 34.549.572.169 Akumulasi penyusutan Accumulated depreciation dan deplesi: and depletion: Pemilikan Langsung Direct Ownership Tanah pertambangan 95.444.333 2.319.476 - 37.600 - 97.801.409 Mining properties Bangunan, jalan, jembatan Buildings, roads, bridges dan pelabuhan 1.964.805.639 165.825.980 3.435.309 - 34.360.176 2.161.556.486 and harbors Mesin-mesin 6.731.434.671 729.073.804 15.046.012 59.204 71.139.521 7.516.542.780 Machinery Heavy equipment and Alat-alat berat dan kendaraan 742.501.608 52.392.683 11.818.575 - 1.272.550 784.348.266 vehicles Perlengkapan dan peralatan Furniture and office kantor 421.575.533 38.108.960 - 4.971 350.375 460.039.839 equipment 9.955.761.784 987.720.903 30.299.896 16.633 107.122.622 11.020.288.780 Aset Sewa Pembiayaan Leased Assets Bangunan 65.247.353 12.360.589 - - - 77.607.942 Buildings Kapal dan kendaraan 78.670.474 28.169.356 51.315.223 - - 55.524.607 Vessels and vehicles Perlengkapan dan peralatan Furniture and office kantor 17.800.727 1.271.408 2.480.106 - - 16.592.029 equipment 161.718.554 41.801.353 53.795.329 - - 149.724.578 10.117.480.338 1.029.522.256 84.095.225 16.633 107.122.622 11.170.013.358 Nilai buku neto 20.221.066.650 23.379.558.811 Net book value