PENYERTAAN SAHAM lanjutan INVESTMENTS IN

PT KRAKATAU STEEL PERSERO Tbk dan Entitas Anaknya CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN INTERIM 30 September 2014 Disajikan dalam ribuan Dolar AS dan dalam jutaan Rupiah, Kecuali Dinyatakan Lain PT KRAKATAU STEEL PERSERO Tbk and Its Subsidiaries NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS September 30, 2014 Expressed in thousands of US Dollar and in millions of Rupiah, Unless Otherwise Stated 75

12. PENYERTAAN SAHAM lanjutan

PT Wijaya Karya Krakatau Beton “WKKB” Berdasarkan Akta Notaris No. 16 dari Indrajati Tandjung, S.H. tanggal 16 Desember 2013, PT KE, PT Wijaya Karya Beton dan PT Wijaya Karya Persero Tbk mendirikan PT Wijaya Karya Krakatau Beton WKKB dengan persentase kepemilikan masing-masing sebesar 30, 55 dan 15. PT WKKB bergerak dalam industry dan perdagangan beton cetak. Pada 30 Juni 2014, PT KE telah melakukan setoran modal kas pada PT WKKB sebesar US1.253

12. INVESTMENTS IN

SHARES OF STOCK continued PT Wijaya Karya Krakatau Beton “WKKB” Based on Notarial Deed No. 16 of Indrajati Tandjung, S.H. dated December 16, 2013, PT KE, PT Wijaya Karya Beton and PT Wijaya Karya Persero Tbk established PT Wijaya Karya Krakatau Beton WKKB with percentage of ownership of 30, 55 and 15, respectively. PT WKKB engaged in the industry and trading of precast concrete. Up to June 30, 2014, PT KE paid capital contribution in cash to PT WKKB amounting to US1,253. Cadangan penurunan nilai penyertaan dibentuk atas penyertaan pada PT Maleo Emtiga US5.211, PT Seamless Pipe Indonesia Jaya US1.091, South Australian Steel and Energy US610 dan PT Indonesia Asri Refractories US22. Manajemen Perusahaan berpendapat bahwa penyisihan penurunan nilai penyertaan cukup untuk menutupi kemungkinan kerugian yang timbul. Allowance for decline in value of investment is provided for investments in PT Maleo Emtiga US5,211, PT Seamless Pipe Indonesia Jaya US1,091, South Australian Steel and Energy US610 and PT Indonesia Asri Refractories US22. The Company‟s management is of the opinion that the allowance for decline in value of investment is adequate to cover possible losses. Sebagai tindak lanjut atas penyertaan Perusahaan pada PT Maleo Emtiga, Perusahaan bermaksud melakukan pembubaran dan likuidasi atas PT Maleo Emtiga. Rencana tersebut telah disetujui oleh Menteri Negara Badan Usaha Milik Negara pada tanggal 2 Agustus 2010. Sampai dengan tanggal 30 September 2014, pelaksanaan pembubaran dan likuidasi tersebut masih dalam proses. Perusahaan berkeyakinan bahwa hasil akhir dari proses likuidasi tersebut tidak akan berdampak material atas hasil operasi, posisi atau likuiditas keuangan Perusahaan dan oleh karena itu Perusahaan tidak melakukan penyisihan sehubungan dengan proses likuidasi tersebut dalam laporan keuangan konsolidasian interim. As a follow- up for the Company‟s investment in PT Maleo Emtiga, the Company intended to dissolve and liquidate PT Maleo Emtiga. The plan has been approved by the Ministry of State-Owned Enterprises on August 2, 2010. As of September 30, 2014, the execution of the dissolution and liquidation is still in process. The Company believes that the ultimate resolution of the liquidation process is unlikely to have a material effect on the Company‟s results of operations, financial position or liquidity and, therefore, the Company did not set up a provision in relation to liquidation process in the interim consolidated financial statements. PT KRAKATAU STEEL PERSERO Tbk dan Entitas Anaknya CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN INTERIM 30 September 2014 Disajikan dalam ribuan Dolar AS dan dalam jutaan Rupiah, Kecuali Dinyatakan Lain PT KRAKATAU STEEL PERSERO Tbk and Its Subsidiaries NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS September 30, 2014 Expressed in thousands of US Dollar and in millions of Rupiah, Unless Otherwise Stated 76 13. ASET TETAP 13. FIXED ASSETS Akun ini terdiri dari: This account consists of: Saldo Awal Penambahan Pengurangan Reklasifikasi Penyesuaian Translasi Saldo Akhir Kepemilikan Langsung Beginning balance Additions Deductions Reclassifications Translation Adjustment Ending balances Direct Ownership Harga perolehan Acquisition cost Tanah 26.126 6.514 11.658 - - 20.982 Land Bangunan 165.426 3.105 - 27.686 - 196.217 Buildings Mesin dan peralatan 905.155 8.404 - 34.238 1.171 946.626 Machineries and equipment Peralatan pabrik dan proyek 8.005 324 16 - 11 8.302 Plant and project equipment Alat pengangkutan 5.995 837 1.974 - - 4.858 Transportation equipment Peralatan rumah dan kantor 79.914 5.601 4.761 78 50 80.782 Office and housing equipment Aset dalam pembangunan 285.090 170.850 - 62.002 1.486 395.423 Construction in progress Aset sewa pembiayaan Asset under finance lease Bangunan 4.623 - - - - 4.623 Buildings Total harga perolehan 1.480.334 195.635 18.409 - 254 1.657.814 Total acquisition cost Akumulasi penyusutan Accumulated depreciation Bangunan 93.664 4.846 - - 72 98.438 Buildings Mesin dan peralatan 462.037 40.229 970 - 8 501.288 Machineries and equipment Peralatan pabrik dan proyek 4.435 3.197 370 - 91 7.171 Plant and project equipment Alat pengangkutan 3.104 743 - - - 3.847 Transportation equipment Peralatan rumah dan kantor 59.264 7.502 4.021 - 33 62.713 Office and housing equipment Aset sewa pembiayaan Asset under finance lease Bangunan 92 46 - - - 138 Buildings Total akumulasi penyusutan 622.596 56.517 5.360 - 205 673.594 Total Accumulated depreciation Total Tercatat 857.738 139.118 13.049 - 459 984.220 Carrying Amount 30 September 2014 September 30, 2014 Saldo Awal Penambahan Pengurangan Reklasifikasi Penyesuaian Translasi Saldo Akhir Kepemilikan Langsung Beginning balance Additions Deductions Reclassifications Translation Adjustment Ending balances Direct Ownership Harga perolehan Acquisition cost Tanah 17.405 12.558 3.085 - 752 26.126 Land Bangunan 156.455 3.869 5 17.122 12.015 165.426 Buildings Mesin dan peralatan 727.601 11.922 7.188 178.811 5.991 905.155 Machineries and equipment Peralatan pabrik dan proyek 4.920 3.291 - - 206 8.005 Plant and project equipment Alat pengangkutan 6.535 516 - 23 1.079 5.995 Transportation equipment Peralatan rumah dan kantor 77.391 5.366 1.350 1.559 3.052 79.914 Office and housing equipment Aset dalam pembangunan 318.606 172.384 - 197.515 8.385 285.090 Construction in progress Aset sewa pembiayaan Asset under finance lease Bangunan - 4.623 - - - 4.623 Buildings Total harga perolehan 1.308.913 214.529 11.628 - 31.480 1.480.334 Total acquisition cost Akumulasi penyusutan Accumulated depreciation Bangunan 87.696 9.113 6 - 3.139 93.664 Buildings Mesin dan peralatan 408.354 57.671 12 - 3.976 462.037 Machineries and equipment Peralatan pabrik dan proyek 4.365 218 - - 148 4.435 Plant and project equipment Alat pengangkutan 1.983 1.452 - - 331 3.104 Transportation equipment Peralatan rumah dan kantor 57.579 5.287 1.344 - 2.258 59.264 Office and housing equipment Aset sewa pembiayaan Asset under finance lease Bangunan - 92 - - - 92 Buildings Total akumulasi penyusutan 559.977 73.833 1.362 - 9.852 622.596 Total Accumulated depreciation Total Tercatat 748.936 140.696 10.266 - 21.628 857.738 Carrying Amount 31 Desember 2013 December 31, 2013