Earnings Per Share SMMA 2014AR. SMMA 2014AR

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 The table below shows consolidated statement of financial position exposures related to credit risk: Gross amount Net amount Gross amount Net amount At fair value through profit and loss Short-term investment - securities - shares and warrants 145,711 145,711 661,283 661,283 Short-term investment - securities - bonds - - 20,000 20,000 Short-term investment - securities - units of mutual fund 7,441,934 7,441,934 7,409,910 7,409,910 Short-term investment - securities - unit link - units of mutual fund 1,722,475 1,722,475 2,413,715 2,413,715 Other assets - derivative assets - - 28 28 Available for sale Short-term investment - securities - shares 53,260 53,260 553,537 553,537 Short-term investment - securities - bonds 1,496,138 1,496,138 5,565,819 5,565,819 Short-term investment - securities - units of mutual fund 6,629,792 6,629,792 1,571,472 1,571,472 Investment in shares 69,706 69,706 67,529 67,529 Investments based on sharia - at cost Short-term investment - securities - bonds 243,962 243,962 630,637 630,637 Investments based on sharia - fair value Short-term investment - securities - shares 11,566 11,566 11,381 11,381 Short-term investment - securities - bonds 31,197 31,197 39,154 39,154 Short-term investment - securities - units of mutual fund 76,954 76,954 31,496 31,496 Held to maturity Short-term investment - securities - bonds 20,000 20,000 - - Fair value - temporary investment Temporary investment - investment in shares 173,800 173,800 - - Loans and receivables Cash and cash in banks 730,243 730,243 759,936 759,936 Securitiies purchased under agreements to resell - - 139,211 139,211 Short-term investment - placement with other banks 308,569 308,569 593,813 593,813 Short-term investment - time deposits 3,767,547 3,767,547 1,950,998 1,950,998 Short-term investment - securities - export bill receivables 170,213 170,213 207,001 207,001 Net investment in finance lease 97,661 95,863 122,625 120,458 Consumer financing receivables 605,398 597,058 898,716 895,987 Factoring receivables 1,403,269 1,398,689 1,147,087 1,144,066 Receivables from brokers 263,426 263,426 378,544 378,544 Other accounts receivable - net 2,105,447 2,105,313 623,890 623,751 Acceptances receivable 67,836 67,837 238,324 238,324 Loans - net 14,298,435 14,223,357 10,966,071 10,909,738 Other assets 33,264 33,264 25,940 25,940 Total Financial Assets 41,967,803 41,877,874 37,028,117 36,963,728 2014 2013 Market Risk Market risk is the risk that the fair value or future contractual cash flows of a financial instrument held by the Group will be affected due to changes in market variables such as interest rates, exchange rates, including derivatives of both risks risks of derivative instruments. a. Interest rate risk The Group’s interest rate risk arises from loans, deposits and deposits from other banks and loans received. Loans, deposits and deposits from other banks and loans received at floating rates expose the Group to cash flow interest rate risk. Financial assets and financial liabilities at fixed rates expose the Group to fair value interest rate risk. - 115 -