Profit Sharing and Bonus Plans

Notes to the Financial Statements PT International Nickel Indonesia Tbk PT International Nickel Indonesia Tbk 30 Juni 2009 dan 2008 June 30, 2009 and 2008 17 2. Ikhtisar Kebijakan Akuntansi yang Signifikan lanjutan 2. Summary of Significant Accounting Policies continued 2.13. Kewajiban Imbalan Kerja lanjutan 2.13. Employee Benefits Liability continued

e. Imbalan Setara Opsi Saham

Perseroan memberikan imbalan opsi saham kepada karyawan tertentu yang besarnya setara dengan kas, sebesar selisih antara harga pasar saham dengan harga opsi saham pada tanggal jatuh tempo. Biaya imbalan ini dicatat ketika harga pasar melebihi harga opsi saham, sebesar selisih antara kedua harga tersebut. Perubahan yang terjadi pada harga pasar saham antara tanggal pemberian imbalan dan tanggal pencatatan akan dicatat sebagai perubahan estimasi biaya imbalan tersebut dan diakui pada Laporan Laba-Rugi.

e. Share Option Equivalents

The Company awards certain employees share option equivalents to receive cash, equal to the excess of the market price of the Company’s shares at the exercise date over the option price. The cost is measured as the amount by which the quoted market value of the vested shares covered by the grant exceeds the option price. The changes in the quoted market value of the shares between the date of the grant and the measurement date result in a change in the estimate of the compensation and are recognized in the Statements of Earnings.

2.14. Laba Bersih per Saham Dasar Laba bersih per saham dasar dihitung dengan membagi laba bersih

dengan jumlah rata-rata saham biasa yang beredar dalam periode yang bersangkutan, yaitu 9.936.338.720 untuk periode enam bulan yang berakhir pada tanggal 30 Juni 2009 dan 2008. 2.14. Basic Earnings Per Share Basic earnings per share is calculated by dividing net earnings by the weighted average number of common shares outstanding for the relevant period, which was 9,936,338,720 for the six month periods ended June 30, 2009 and 2008. 3. Kas dan Setara Kas 3. Cash and Cash Equivalents 30 Juni 2009 2008 June 30 Dalam ribuan Dolar AS US, in thousands Kas 38 62 Cash on Hand Bank: Cash in Bank: Dalam Mata Uang Rupiah Denominated in Rupiah Citibank N.A. 2,282 2,828 Citibank N.A. PT Bank CIMB Niaga Tbk. 936 1,142 PT Bank CIMB Niaga Tbk. PT Bank Mandiri Persero Tbk. 1,715 7,580 PT Bank Mandiri Persero Tbk. PT Bank Rakyat Indonesia Persero Tbk. 1 4 PT Bank Rakyat Indonesia Persero Tbk. Lainnya 16 26 Others Dalam Mata Uang Dollar AS Denominated in US dollars JP Morgan Chase Bank, N.A 1,711 3,776 JP Morgan Chase Bank, N.A Citibank N.A. 1,489 10,935 Citibank N. A. Lainnya 44 38 Others Dalam Mata Uang Dolar Singapura Denominated in Singapore dollars Citibank N.A. 3 5 Citibank N.A. 8,197 26,334 Notes to the Financial Statements PT International Nickel Indonesia Tbk PT International Nickel Indonesia Tbk 30 Juni 2009 dan 2008 June 30, 2009 and 2008 18 3. Kas dan Setara Kas lanjutan

3. Cash and Cash Equivalents continued 30 Juni 2009 2008

June 30 Dalam ribuan Dolar AS US, in thousands Deposito Berjangka Time Deposits Dalam Mata Uang Dolar AS Denominated in US dollars BNP Paribas Inc. 22,712 17,507 BNP Paribas Inc. ABN AMRO Bank N.V. 31,300 107,000 ABN AMRO Bank N.V. JP Morgan Chase Bank N.A. 1,275 1,062 JP Morgan Chase Bank N.A. Standard Chartered Bank 43,764 104,077 Standard Chartered Bank Dalam Mata Uang Rupiah Denominated in Rupiah PT Bank Mandiri Persero Tbk. 7 12 PT Bank Mandiri Persero Tbk. 99,058 229,658 Jumlah Kas dan Setara Kas 107,293 256,054 Total Cash and Cash Equivalents Rata-rata suku bunga Deposito Berjangka di atas adalah: The average interest rates on the above Time Deposits are as follows: 30 Juni 2009 2008 June 30 Deposito Dolar AS

2.5 2.9

US dollar Deposits Deposito Rupiah 5.6 5.6 Rupiah Deposits 4. Piutang Usaha 4. Trade Receivables 30 Juni 2009 2008 June 30 Dalam ribuan Dolar AS US, in thousands Pihak-pihak yang mempunyai hubungan istimewa 81,144 138,859 Related parties Analisis umur piutang usaha adalah sebagai berikut: Aging analysis of trade receivables is as follows: 30 Juni 2009 2008 June 30 Dalam ribuan Dolar AS US, in thousands Lancar 81,144 138,859 Current Jumlah piutang di atas adalah lancar sesuai dengan ketentuan pembayaran seperti disepakati dalam kontrak penjualan. All amounts are current within the payment terms as set out in the sales contracts. Semua piutang usaha adalah dalam mata uang Dolar Amerika Serikat. All trade receivables are denominated in US dollars.