EXPLORATION AND EVALUATION ASSETS

PT BAYAN RESOURCES Tbk. DAN ENTITAS ANAKAND SUBSIDIARIES Lampiran 562 Schedule CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN 31 DESEMBER 2016 DAN 2015 Dinyatakan dalam Dolar Amerika Serikat, kecuali dinyatakan lain NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS 31 DECEMBER 2016 AND 2015 Expressed in United States Dollars, unless otherwise stated 13. PROPERTI PERTAMBANGAN lanjutan

13. MINING PROPERTIES continued 2016

2015 Tingkat diskonto 11.0 - 13.1 11.0 - 14.6 Discount rates Dasar perkiraan harga batubara 4 - 5 tahun ke depan US59.0-62.3ton US62.4-64.8ton Base coal price 4-5 year forecast Manajemen menentukan asumsi utama berdasarkan pengalaman masa lalu, ekspektasi perkembangan pasar dan sumber eksternal. Management determined the key assumptions based on past experience, its expectations of market development and external sources. Manajemen berkeyakinan bahwa penyisihan penurunan nilai properti pertambangan pada tanggal 31 Desember 2016 cukup untuk menutup kerugian penurunan nilai properti pertambangan. Management believes that the provision for impairment in the value of mining properties as at 31 December 2016 is adequate to cover any losses from the impairment of mining properties. 14. UTANG USAHA 14. TRADE PAYABLES 2016 2015 Pihak ketiga 25,543,709 64,002,185 Third parties Pihak berelasi: Related parties: - PT Aneka Samudera Lintas “ASL” 415,544 1,581,631 PT Aneka Samudera Lintas “ASL” - - NMN 400,147 1,717,214 NMN - - PT Lian Beng Energy 131,678 131,446 PT Lian Beng Energy - - BI 57,986 - BI - - Enel Trade S.p.A - 475,410 Enel Trade S.p.A - 1,005,355 3,905,701 26,549,064 67,907,886 Komposisi utang usaha Trade payables berdasarkan mata uang composition based adalah sebagai berikut: on currency is as follows: - Rupiah 16,451,768 17,506,269 Rupiah - - Dolar AS 9,831,958 49,817,616 US Dollars - - Euro 144,478 58,095 Euro - - Dolar Singapura 92,607 390,332 Singapore Dollars - - Dolar Australia 15,663 123,022 Australian Dollars - - Yen Jepang 9,746 9,420 Japanese Yen - - Ringgit Malaysia 1,830 1,909 Malaysian Ringgit - - Pound Sterling 1,014 1,223 Pound Sterling - 26,549,064 67,907,886 Jumlah utang usaha kepada pihak berelasi adalah 0,16 dan 0,51 dari jumlah liabilitas masing-masing pada tanggal 31 Desember 2016 dan 2015. Total trade payables to related parties represented 0.16 and 0.51 of total liabilities as at 31 December 2016 and 2015, respectively. Utang usaha berasal dari pembelian barang dan jasa. The trade payables arose from the purchase of goods and services. Lihat Catatan 28 untuk rincian transaksi dengan pihak berelasi. Refer to Note 28 for details of related party transactions. PT BAYAN RESOURCES Tbk. DAN ENTITAS ANAKAND SUBSIDIARIES Lampiran 563 Schedule CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN 31 DESEMBER 2016 DAN 2015 Dinyatakan dalam Dolar Amerika Serikat, kecuali dinyatakan lain NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS 31 DECEMBER 2016 AND 2015 Expressed in United States Dollars, unless otherwise stated 15. AKRUAL

15. ACCRUALS 2016

2015 Pengupasan tanah dan Overburden removal and pengangkutan batubara 12,462,035 15,569,129 coal hauling Royaltiiuran eksploitasi 5,986,336 4,044,222 Royaltyexploitation fees Beban bunga 5,784,565 901,140 Interest expense Biaya pengangkutan dan sewa kapal 2,750,937 5,083,076 Barging and vessel rental Perolehan aset tetap 368,746 7,104,879 Acquisition of fixed assets Penalti pemutusan kontrak - 10,500,000 Contract termination penalties Biaya perolehan pinjaman - 5,442,119 Debt issuance cost Pembelian batubara - 2,225,627 Purchase of coal Lain-lain masing-masing Others di bawah AS1.000.000 6,963,350 10,140,397 each below US1,000,000 34,315,969 61,010,589 16. PINJAMAN JANGKA PANJANG

16. LONG-TERM LOANS 2016

2015 Pihak ketiga Third parties - New Club Deal 484,211,861 544,211,861 New Club Deal - - Biaya pinjaman yang Unamortised - belum diamortisasi 2,779,046 5,442,119 debt issuance cost 481,432,815 538,769,742 Biaya keuangan Finance expenses Beban bunga 43,032,404 27,757,959 Interest expense Amortisasi biaya pinjaman dan Amortisation of debt issuance and biaya pinjaman tahun berjalan 2,794,227 4,636,606 current year costs 45,826,631 32,394,565 New Club Deal New Club Deal Pada tanggal 10 April 2012, Perusahaan memperoleh fasilitas pinjaman New Club Deal sebesar AS750 juta. Fasilitas ini terdiri atas Fasilitas Pinjaman Berjangka “TLF” sebesar AS400 juta, Fasilitas Belanja Modal “CPXF” sebesar AS200 juta, dan Fasilitas Modal Kerja “WCF” sebesar AS150 juta dengan tingkat suku bunga LIBOR ditambah marjin tertentu berkisar 4,25 - 4,85 per tahun diatas LIBOR, tergantung dengan rasio net debt to EBITDA Perusahaan. Fasilitas pinjaman New Club Deal digunakan oleh Perusahaan untuk pembiayaan kembali Club Deal dan Fasilitas Talangan dan untuk penambahan dana investasi infrastruktur dan pemenuhan modal kerja bagi Grup, dimana fasilitas tersebut digunakan oleh Perusahaan dan entitas anaknya, melalui pinjaman antar entitas kepada entitas anak. Pada tanggal 31 Desember 2016, porsi saldo pinjaman tersisa yang disediakan melalui pinjaman antar entitas untuk entitas anak adalah 52 2015: 50 dari total saldo pinjaman jangka panjang. On 10 April 2012, the Company obtained a New Club Deal loan facility amounting to US750 million. The facility consists of a US400 million Term Loan Facility “TLF”, a US200 million Capex Facility “CPXF”, and a US150 million Working Capital Facility “WCF”, with an interest rate of LIBOR plus a certain margin ranging from 4.25 - 4.85 p.a, over LIBOR subject to the Companys net debt to EBITDA ratio. The New Club Deal loan facility was used by the Company to refinance the Club Deal and Bridging Facility and to provide additional debt to partially fund infrastructure investments and working capital requirements for the Group, whereby the facility was used by the Company and its subsidiaries, through intercompany loans to the subsidiaries. As at 31 December 2016, the portion of the outstanding loan balance provided through intercompany loans to subsidiaries is 52 2015: 50 of the total outstanding long-term loan balance. Pihak-pihak yang memberikan pinjaman adalah ANZ, Mandiri, HSBC, SCB, SMBC, JP Morgan Chase Bank “JPM” dan Natixis. The lenders are ANZ, Mandiri, HSBC, SCB, SMBC, JP Morgan Chase Bank “JPM” and Natixis.