ADVANCES FOR PLASMA PLANTATIONS – NET continued PLANTATION ASSETS continued b. Immature plantations continued FIXED ASSETS

PT SAMPOERNA AGRO Tbk AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS Nine Months Ended September 30, 2007 and 2006 Expressed in thousands of Rupiah, unless otherwise stated 23

8. ADVANCES FOR PLASMA PLANTATIONS – NET continued

Telaga Hikmah On August 21, 2000, BRI through Letter No. R.479-MENDPBAKH082000, approved a restructuring program for its Plasma loan in Telaga Hikmah. Under the restructuring arrangement, the maximum facilities were changed from Rp112,068,000 to Rp101,646,000 which consists of principal of Rp53,796,000 and interest during construction of Rp47,850,000. The commitment for Plasma development under the loan was reduced from 15,000 hectares to 5,000 hectares. Under this restructuring program, the conversion of Plasma areas to smallholders is due to be made by December 31, 2004. The loan is to be repaid by Plasma participants on a quarterly basis within five years, commencing in the first quarter of 2007. The Plasma Loan bears floating interest rates ranging from 12 to 14 in 2006. In 2006, Telaga Hikmah has transferred Plasma loan facility to Plasma participants amounting to Rp4,483,716. As of September 30, 2007, total Plasma loan had been transferred to plasma participants amounting to Rp94,127,184. On January 29, 2007, Telaga Hikmah has fully settled its outstanding investment credit which related to Plasma plantation not yet converted amounting to Rp7,518,815 .

9. PLANTATION ASSETS

Plantation assets are classified as immature and mature plantations.

a. Mature plantations

2 0 0 7 Beginning Ending balance Addition Deduction balance At cost: Oil palm plantations 186,665,552 401,683,464 - 588,349,016 Rubber plantations 1,022,560 - - 1,022,560 Total 187,688,112 401,683,464 - 589,371,576 Accumulated amortization: Oil palm plantations 59,739,021 64,914,267 - 124,653,288 Rubber plantations 306,768 38,346 - 345,114 Total 60,045,789 64,952,613 - 124,998,402 Net book value 127,642,323 464,373,173 PT SAMPOERNA AGRO Tbk AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS Nine Months Ended September 30, 2007 and 2006 Expressed in thousands of Rupiah, unless otherwise stated 24

9. PLANTATION ASSETS continued a. Mature plantations continued

2 0 0 6 Beginning Ending balance Addition Deduction balance At costs: Oil palm plantations 180,870,239 - 180,870,239 Rubber plantations 1,022,560 - - 1,022,560 Total 181,892,799 - 181,892,799 Accumulated amortization: Oil palm plantations 50,426,912 6,984,081 - 57,410,993 Rubber plantations 255,640 38,346 - 293,986 Total 50,682,552 7,022,427 - 57,704,979 Net book value 131,210,247 124,187,820 Additions to mature plantations in 2007 included Palma Agro’s acquisition cost of Sungai Rangit’s mature plantations which were consolidated starting in 2007 and the additions to this balance of Rp13,305,714 and its related amortization of Rp665,286 resulting from Palma Agro’s acquisition of Sungai Rangit, as follows: Cost 275,074,607 Accumulated amortization 39,902,712 Net book value 235,171,895 Additions to mature plantation in 2007, included the realization of the difference in value of restructuring transactions of entities under common control amounting to Rp99,293,758 due to changes in controlling shareholders Note 2r and 31. Sungai Rangit has Partnership plantation with carrying value of Rp47,351,090 1,809 ha as of September 30, 2007 Note 27e.

b. Immature plantations

The immature plantations represents costs incurred relating to the development of the Group’s oil palm plantations Inti plantations such as land clearing, planting, fertilizing and other maintenance activities until the oil palm areas are considered mature Note 2h. The movement of immature plantations is as follows: 2 0 0 7 2 0 0 6 Beginning balance 15,139,360 10,567,271 Development costs 88,479,384 2,671,390 Transferrred to mature plantations - - Transfer from nursery 9,044,953 4,192,967 Ending balance 112,663,697 17,431,628 Additions of immature plantations in 2007 included beginning balance of immature plantations amounting to Rp74,123,053 from Sungai Rangit which was consolidated starting January 1, 2007. PT SAMPOERNA AGRO Tbk AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS Nine Months Ended September 30, 2007 and 2006 Expressed in thousands of Rupiah, unless otherwise stated 25

9. PLANTATION ASSETS continued b. Immature plantations continued

Plantation assets from Mutiara Bunda Jaya, Telaga Hikmah, Aek Tarum and Gunung Tua Abadi were pledged as collateral for bank loans facilities Note 16.

10. FIXED ASSETS

2 0 0 7 Beginning Ending balance Addition Deduction Reclassification Balance At cost Land 51,256,906 13,011,736 - 3,594,036 60,674,606 Buildings 86,740,082 49,078,812 3,912 120,070 135,935,052 Infrastructures 32,112,635 346,423 196,928 786,177 33,048,307 Machineries and equipments 248,064,990 58,726,512 - 1,934,762 308,726,264 Storage tanks 10,754,298 - - 21,526 10,775,824 Vehicle and heavy equipments 55,901,871 23,578,818 4,394,774 - 75,085,915 Office equipments 9,827,677 4,234,484 4,108 41,841 14,099,894 Construction in progress 4,628,558 35,423,829 - 2,904,376 37,148,011 Total 499,287,017 184,400,614 4,599,722 3,594,036 675,493,873 Accumulated depreciation: Land - 563,011 - 563,011 - Buildings 19,563,074 14,606,401 2,446 - 34,167,029 Infrastructures 7,832,462 1,283,965 22,975 - 9,093,452 Machineries and equipments 121,476,055 32,632,845 - - 154,108,900 Storage tanks 6,432,013 420,109 - - 6,852,122 Vehicle and heavy equipments 36,328,807 14,036,801 2,089,514 - 48,276,094 Office equipments 5,117,984 2,556,502 1,123 - 7,673,363 Total 196,750,395 66,099,634 2,116,058 563,011 260,170,960 Book value 302,536,622 415,322,913 Allowance for impairment of fixed assets - 7,442,177 Net book value 302,536,622 407,880,736 2 0 0 6 Beginning Ending balance Addition Deduction Reclassification Balance At cost Land 51,256,906 - - - 51,256,906 Buildings 86,275,469 93,092 3,312,176 2,322,087 85,378,472 Infrastructures 30,155,588 151,930 30,085 319,646 30,597,079 Machineries and equipments 242,961,289 1,021,077 39,307 3,158,190 247,101,249 Storage tanks 10,397,038 111,245 41,400 287,416 10,754,299 Vehicle and heavy equipments 53,601,633 4,139,719 636,996 - 57,104,356 Office equipments 6,683,158 693,145 59,063 1,396,378 8,713,618 Construction in progress 8,833,510 4,875,706 - 7,483,717 6,225,499 Total 490,164,591 11,085,914 4,119,027 - 497,131,478 PT SAMPOERNA AGRO Tbk AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS Nine Months Ended September 30, 2007 and 2006 Expressed in thousands of Rupiah, unless otherwise stated 26

10. FIXED ASSETS continued