Impairment of AFS Equity Investments Lease Commitmens

PT SINAR MAS MULTIARTHA Tbk AND ITS SUBSIDIARIES Notes to Consolidated Financial Statements For the Years Ended December 31, 2014 and 2013 Figures are Presented in Millions of Rupiah,unless Otherwise Stated 2014 2013 Investments Units of mutual funds Third parties Foreign currency Note 51 Corfina Bima Berimbang Dollar Penyertaan Terbatas 133,674 124,824 PT HRAM Maestro Dollar I 40,080 41,167 BNP Paribas Prima USD 31,730 - Total 205,484 165,991 Total - Third parties 1,605,273 2,365,861 Total - units of mutual fund 1,722,475 2,413,715 Total 1,727,537 2,418,851 As of December 31, 2014 and 2013, segregated funds net assets – unit link are classified as financial assets at FVPL.

d. Securities

2014 2013 At fair value through profit and loss Related parties Note 50 Rupiah Shares PT Golden Energy Mines Tbk 44 147,104 Others below Rp 5,000 each 6,994 8,673 Total 7,038 155,777 Warrant - 14 Units of mutual fund Danamas Stabil 561,984 427,668 Simas Danamas Saham 163,158 177,360 Simas Satu 77,377 70,253 Danamas Fleksi 77,326 78,332 Simas Saham Unggulan 73,829 28,348 Simas Danamas Mantap Plus 34,351 31,359 Danamas Rupiah Plus 456 434 Total - Rupiah 988,481 813,754 Foreign currency Note 51 Danamas Dollar 28,853 - Total - Related parties 1,024,372 969,545 - 55 - PT SINAR MAS MULTIARTHA Tbk AND ITS SUBSIDIARIES Notes to Consolidated Financial Statements For the Years Ended December 31, 2014 and 2013 Figures are Presented in Millions of Rupiah,unless Otherwise Stated 2014 2013 At fair value through profit and loss Third parties Rupiah Shares PT Indomobil Sukses International Tbk 24,000 29,400 PT Agung Podomoro Land Tbk 15,745 10,105 PT Astra International Tbk 14,882 5,469 PT Energi Mega Persada Tbk 14,755 21,380 PT Bakrie Brothers Tbk 10,000 27,638 PT Bank Rakyat Indonesia Persero Tbk 6,756 - PT Bakrieland Development Tbk 6,147 8,897 PT Eureka Prima Jakarta Tbk 5,060 - PT Borneo Lumbung Energi Metal Tbk 4,228 32,015 PT Berau Coal Energy Tbk 1,890 5,580 PT Multistrada Arah Sarana Tbk 945 70,430 PT Bank Danamon Indonesia Tbk 220 210,100 PT Atlas Resources Tbk - 42,744 PT Bank Tabungan Negara Persero Tbk - 10,860 PT Dayaindo Resources International Tbk - 5,857 Others below Rp 5,000 each 24,000 25,017 Total - shares 128,628 505,492 Bonds Bonds Negara RI Series FR0042 34,719 - Continous Bonds Indonesia Eximbank I Level III 2013 Series A - 20,000 Total - Bonds 34,719 20,000 Units of mutual fund Kharisma Flexi Terbatas 3 1,716,405 1,676,616 RDPT Sucorinvest PT I formerly Gani Penyertaan Terbatas PT I 852,997 - HPAM Maestro Flexi I 756,115 725,775 Syailendra Multi Strategy Fund I 632,946 852,049 HPAM Maestro Flexi II 557,835 502,479 Si Dana Batavia VI 488,606 490,285 Si Dana Batavia Terbatas Optimal 306,098 388,017 Sucorinvest Proteksi 10 219,362 - Syailendra Multi Strategy Fund II 203,869 216,977 RD Terproteksi Milenium Dana Terproteksi II 134,873 - Alamanda Growth Fund 132,440 - Sucorinvest Proteksi 5 112,795 115,584 Sucorinvest Proteksi 7 103,219 103,180 Batavia Proteksi Optimal 15 101,564 103,547 Star Capital Protected Fund II 90,011 99,752 - 56 -