COST OF SALES AND DIRECT COSTS OPERATING EXPENSES

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS As of 30 June 2012 unaudited and 31 December 2011 audited and For the period of six months ended 30 June 2012 and 2011 unaudited Expressed in thousand of rupiah, unless otherwise stated 62 Related Parties Relationship Transactions Lexy Arie Tumiwa Director Deposit received from sale of shop KSO Summarecon Serpong Joint venture Loan payable KSO Summarecon Lakeview Joint venture Loan receivable, Loan payable PT Jakartabaru Cosmopolitan Joint venture Payable on profit sharing Note 36m PT Anugrah Damai Abadi Associated company Loan receivable, payable for investment in shares of stock, loan payable

34. ASSETS AND LIABILITIES IN FOREIGN CURRENCIES

As of 30 June 2012 and 31 December 2011, the Company and Subsidiaries have monetary assets and liabilities denominated in foreign currencies. The rupiah equivalents of foreign currency-denominated assets and liabilities as of 30 June 2012 and 31 December 2011 as of the date of completion of the consolidated financial statements are as follows 2012 2011 Foreign currency Equivalent amount in rupiah Foreign currency Equivalent amount in rupiah Assets Cash and cash equivalents U,S dollar US 1,197,525 11,352,535 US 2,295,404 20,812,658 European euro Euro 423,181 4,993,955 Euro 422,772 4,964,887 Australian dollar AUD 8,366 79,666 AUD 8,295 75,837 Thailand baht THB 4,933 1,470 THB 4,914 1,384 Singapore dollar Sin 444 3,294 Sin 454 3,166 Hongkong dollar HKD 1,558 1,902 HKD 1,745 2,007 Malaysian ringgit RM 768 2,278 RM 752 2,192 Other assets - restricted time deposits Note 14 U,S, dollar US 1,000,000 9,480,000 Total Assets in Foreign Currencies 25,915,100 25,862,131 NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS As of 30 June 2012 unaudited and 31 December 2011 audited and For the period of six months ended 30 June 2012 and 2011 unaudited Expressed in thousand of rupiah, unless otherwise stated 63 2012 2011 Foreign currency Equivalent amount in rupiah Foreign currency Equivalent amount in rupiah Liabilities Loans from banks and financing institutions US 1,000,000 9,480,000 US 1,000,000 9,068,000 Trade payables U.S. dollar US 507,295 4,809,161 US 797 7,225 European euro Euro 192,090 2,266,859 Euro 2,050 24,063 Singapore dollar Sin 10,434 77,368 Sin 23,505 163,926 Other payables U,S, dollar US 126,913 1,203,135 US 128,947 1,169,291 European euro Euro 740 8,733 Euro 56,083 658,358 Deposits received US 26,294 249,267 US 26,294 238,434 Total Liabilities in Foreign Currencies 18,094,523 11,329,297 Net Assets Liabilities in Foreign Currencies 7,820,577 14,532,834

35. SEGMENT INFORMATION

2012 Property Development Investment Property Other Businesses Consolidation Net revenues 1,079,056,387 346,233,000 89,330,441 1,514,619,828 Gross profit 512,302,510 185,185,549 57,755,607 755,243,666 Income loss from operations 287,252,102 127,207,080 5,123,658 419,582,840 Finance income 28,248,053 Gain on foreign exchange - net 321,817 Gain on derivative instrument 23 Finance costs 54,966,746 Profit before income tax 393,185,987 Income tax expense - net 86,078,057 Profit for the year 307,107,930 Other information Segment assets 7,640,196,424 1,781,802,218 180,055,824 9,602,054,466 Segment liabilities 6,026,190,456 789,932,317 69,047,903 6,885,170,676 Depreciation and amortization 18,941,419 35,858,043 10,361,727 65,161,189