TAXATION continued e. Current tax

CATATAN ATAS LAPORAN KEUANGAN INTERIM KONSOLIDASIAN 30 JUNI 2012 Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain ____________________________________________________ PT KRAKATAU STEEL PERSERO Tbk NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS JUNE 30, 2012 Expressed in millions of Rupiah, unless otherwise stated _________________________________________________ Catatan atas laporan keuangan konsolidasi terlampir merupakan bagian yang tidak terpisahkan dari laporan keuangan konsolidasi secara keseluruhan. The accompanying notes form an integral part of these consolidated financial statements. 95 17. PERPAJAKAN lanjutan 17. TAXATION continued

f. Pajak tangguhan

Rincian beban manfaat pajak tangguhan adalah sebagai berikut:

f. Deferred tax

The details of deferred tax expense benefit are as follows: 30062012 30062011 Pengaruh pajak atas beda temporer pada The effect of temporary differences at tarif pajak maksimum maximum rate Perusahaan The Company Penyisihan piutang ragu-ragu 777 391 Provision for doubtful accounts Penyisihan penurunan nilai persediaan - - Provision for decline in value of inventory Biaya emisi efek ekuitas 2.774 1.387 Stock issuance cost Kesejahteraan karyawan 4.802 1.522 Employee benefit Penyusutan 8.572 2.802 Depreciation Rugi fiskal 42.950 11.867 Fiscal loss Sub-jumlah 52.773 9.321 Sub-total Anak Perusahaan Subsidiaries Penyisihan piutang ragu-ragu 1 5 Provision for doubtful accounts Penyisihan penurunan nilai persediaan 50 100 Provision for decline in value of inventory Penyisihan persediaan usang - - Provision for inventory obsolence Kesejahteraan karyawan 1.553 399 Employee benefit Penyusutan 1.819 4.148 Depreciation Rugi fiskal - - Fiscal loss Lain-lain 825 2.589 Others Sub-jumlah 4.145 2.052 Sub-total Beban manfaat pajak tangguhan, bersih 56.918 11.373 Deferred tax expense benefit, net Pengaruh pajak atas beda temporer antara pelaporan komersial dan pajak adalah sebagai berikut: The tax effects of temporary differences between accounting and tax reporting are as follows: 30062012 31122011 Perusahaan The Company Aset pajak tangguhan Deferred tax assets Penyisihan piutang ragu-ragu 23.440 24.220 Allowance for doubtful accounts Penyisihan penurunan nilai persediaan 4.370 Allowance for decline in value of inventory Penyisihan persediaan usang 10.118 10.118 Allowance for inventory obsolencence Liabilitas kesejahteraan karyawan 51.838 46.586 Estimated liabilities for employee benefits Biaya emisi efek ekuitas 12.944 15.718 Stock issuance cost Rugi fiskal 42.950 2.688 Fiscal loss Liabilitas pajak tangguhan Deferred tax liability Aset tetap 118.879 134.059 Fixed assets Asset liabilitas pajak tangguhan bersih 22.412 30.359 Deferred tax assets liability, net CATATAN ATAS LAPORAN KEUANGAN INTERIM KONSOLIDASIAN 30 JUNI 2012 Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain ____________________________________________________ PT KRAKATAU STEEL PERSERO Tbk NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS JUNE 30, 2012 Expressed in millions of Rupiah, unless otherwise stated _________________________________________________ Catatan atas laporan keuangan konsolidasi terlampir merupakan bagian yang tidak terpisahkan dari laporan keuangan konsolidasi secara keseluruhan. The accompanying notes form an integral part of these consolidated financial statements. 96

17. PERPAJAKAN lanjutan f. Pajak tangguhan lanjutan

17. TAXATION continued

f. Deferred tax continued 30062012 31122011 Entitas Anak Subsidiaries Aset pajak tangguhan Deferred tax assets PT KHI Pipe Industries 10.249 9.232 PT KHI Pipe Industries PT Krakatau Daya Listrik 7.751 7.282 PT Krakatau Daya Listrik PT Merarus Jaya Iron Steel 6.904 6.904 PT Merarus Jaya Iron Steel PT Krakatau Medika 4.069 3.438 PT Krakatau Medika PT Krakatau Industrial Estate Cilegon 3.256 2.805 PT Krakatau Industrial Estate Cilegon Jumlah 32.230 29.661 Total Liabilitas pajak tangguhan Deferred tax liabilities PT Krakatau Wajatama 13.658 14.151 PT Krakatau Wajatama PT Krakatau Bandar Samudera 1.015 517 PT Krakatau Bandar Samudera PT Krakatau Tirta Industi 772 460 PT Krakatau Tirta Industi PT Krakatau Information Technology 1.529 1.539 PT Krakatau Information Technology Jumlah 16.974 16.667 Total Aset pajak tangguhan konsolidasi, bersih 54.642 29.661 Consolidated deferred tax assets, net Liabilitas pajak tangguhan konsolidasi, bersih 16.974 47.026 Consolidated deferred tax liabilities, net Aset pajak tangguhan selain akumulasi rugi fiskal dan liabilitas pajak tangguhan yang berasal dari perbedaan metode atau dasar yang digunakan untuk tujuan pencatatan menurut pelaporan akuntansi dan pajak, terutama terdiri dari penyusutan aset tetap, cadangan kerugian penurunan nilai piutang, penyisihan penurunan nilai persediaan, penyisihan persediaan usang dan provisi untuk kesejahteraan karyawan. Perbedaan pada dasar pencatatan aset tetap adalah karena adanya perbedaan taksiran masa manfaat aset dan metode penyusutan untuk tujuan pelaporan akuntansi dan pajak. Perbedaan pada dasar cadangan kerugian penurunan nilai piutang, penyisihan penurunan nilai persediaan, penyisihan persediaan using, biaya emisi efek ekuitas dan provisi untuk kesejahteraan karyawan karena adanya perbedaan waktu pengakuan beban untuk tujuan pelaporan akuntansi dan pajak. Deferred tax assets other than accumulated fiscal losses and deferred tax liabilities arose from the differences in the methods or basis used for accounting and tax reporting purposes, which mainly consist of depreciation on fixed assets, allowance for impairment losses on receivables, allowance for decline in value of inventory, allowance for inventory obsolescence and provision for employee benefits. The difference in the basis of recording of fixed assets is due to the differences in the estimated useful lives of the assets and depreciation method used for accounting and tax reporting purposes. The difference in the basis of allowance for impairment losses on receivables, allowance for decline in value of inventory, allowance for inventory obsolescence, stock issuance cost and provision for employee benefits is due to the difference in the timing of recognition of expenses for accounting and tax reporting purposes. Manajemen Perusahaan dan Entitas Anak berpendapat bahwa aset pajak tangguhan dapat direalisasi. The management of the Company and Subsidiaries is of the opinion that deferred tax assets are recoverable.