Segregated Funds Net Assets - Unit Link

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 2014 2013 Instrument Based On Sharia - Fair value Related Parties Note 50 Rupiah Units of mutual fund Simas Syariah Unggulan 7,991 - Simas Syariah Berkembang 7,363 - Total - Related Parties 15,354 - Third Parties Rupiah Shares PT Astra Internasional Tbk 3,787 3,468 PT Semen Gresik Persero Tbk 2,592 2,264 PT Tambang Batubara Bukit Asam Tbk 2,075 1,693 PT United Tractors Tbk 1,839 2,014 PT Indo Tambang Raya Megah 753 1,397 PT Adaro Energy Tbk 520 545 Total - Shares 11,566 11,381 Units of mutual fund I-HAJJ Syariah Fund 16,543 15,270 PANIN Dana Syariah Saham 15,141 5,582 SAM Syariah Berimbang 11,934 - BNP Paribas Pesona Syariah 7,298 5,892 PNM Ekuitas Syariah 5,696 4,752 Insight Terproteksi Syariah II 4,988 - Total - Units of mutual fund 61,600 31,496 Bonds Government Bonds SR006 20,250 - Continuous Sukuk Ijarah I PLN Level I 2013 10,483 11,000 Government Bonds SR005 9,825 9,550 Sukuk Ijarah BKLJT I Summarecon Agung Level II 2014 9,785 - Sukuk Ijarah BKLJT I Summarecon Agung Level I 2013 7,049 - Government Bonds PBS 005 - 25,201 Government Bonds PBS 004 - 14,964 Sukuk Ijarah TPS Food I 2013 - 10,140 Continuous Sukuk Mudharabah I ADMF Level I 2013 Series C - 9,846 Mitra Adiperkasa Ijarah I 2009 Series B - 5,116 Others below Rp 5,000 each 3,880 487 Total - Bonds 61,272 86,304 Foreign currencies Note 51 Bonds Republic of Indonesia 2022 - Sukuk 11,735 - Republic of Indonesia 2014 ROI 2014 - Sukuk - 37,392 Total - Bonds 11,735 37,392 Total - Third Parties 146,173 166,573 Total - Fair Value 161,527 166,573 - 63 - 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 2014 2013 Held To Maturity Third parties Rupiah Bonds Government Bonds RI Series FR0069 49,726 - Continuous Bonds I Indosat Level I 2014 Series A 20,000 - 69,726 - Total - Held To Maturity 69,726 - Loan and receivables Third parties Foreign currencies Note 51 Export bill receivables 170,213 207,001 Allowance for impairment losses 125 248 Total 17,641,482 18,435,875 The balance of unrealized losses on available for sale securities including the securities which were reclassified from held to maturity category as of December 31, 2014 and 2013, is presented as a part of “Other Equity Component – Share in Unrealized Gain on Changes in Fair Value of Available for Sale Securities of Subsidiaries” Note 36.