SHORT TERM - INVESTMENTS continued

The original consolidated financial statements included herein are in the Indonesian language PT KERETA API INDONESIA PERSERO PT KERETA API INDONESIA PERSERO CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED Tanggal 31 Desember 2015 dan as of December 31, 2015 Disajikan dalam ribuan Rupiah, kecuali dinyatakan lain Expressed in thousands of Rupiah, unless otherwise stated untuk tahun yang berakhir pada tanggal tersebut and for the year then ended DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES FINANCIAL STATEMENTS KEUANGAN KONSOLIDASIAN 15. PERPAJAKAN lanjutan 15. TAXATION continued c. c. Kredit Pajak: Tax deduction: Pajak penghasilan pasal 22 Income tax article 22 Pajak penghasilan pasal 23 Income tax article 23 Pajak penghasilan pasal 25 Income tax article 25 Jumlah kredit pajak Total tax deduction Kekurangan pajak Tax deficiency

d. Rincian Beban Pendapatan Pajak

d. Details of Expense Income Taxes

Entitas Induk: Parent Entity: Beban pajak kini Current tax expense Beban pendapatan pajak tangguhan Deferred tax expense income Jumlah pendapatan beban pajak Penghasilan 159.932.261 79.009.007 49.379.773 3.175.583 104.365.877 77.764.961 211.801.265 154.792.818 129.348.341 5.139.443 2015 2014 341.149.606 209.312.034 Total income expense of income tax 74.024.836 Calculation of Parent Corporate Income Tax Estimation continued Perhitungan Taksiran Pajak Penghasilan Badan lanjutan 3.003.021 104.259.805 420.158.613 Penghasilan Entitas Anak: Subsidiaries: Beban pajak kini Current tax expense Beban pendapatan pajak tangguhan Deferred tax expense income Jumlah pendapatan beban pajak Penghasilan Konsolidasian: Consolidated: Beban pajak kini Current tax expense Beban pendapatan pajak tangguhan Deferred tax expense income Jumlah Pendapatan Beban Total income expense of income Pajak Penghasilan tax

e. Pajak Tangguhan

e. Deferred Tax

66.963.898 38.155.824 520.422.071 274.410.532 2015 2014 Total income expense of income tax 76.322.447 453.458.173 236.254.708 12.045.109 Pajak tangguhan dihitung berdasarkan pengaruh dari perbedaan temporer antara jumlah tercatat aset dan liabilitas menurut laporan keuangan dengan dasar pengenaan pajak aset dan liabilitas. Rincian dari aset dan liabilitas pajak tangguhan adalah sebagai berikut: 112.308.567 Deferred tax is calculated based on the effect of temporary differences between the carrying amounts of assets and liabilities for financial reporting with tax bases of assets and liabilities. Details of deferred tax assets and liabilities are as follows: 11.223.949 100.263.458 65.098.498 64 The original consolidated financial statements included herein are in the Indonesian language PT KERETA API INDONESIA PERSERO PT KERETA API INDONESIA PERSERO CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED Tanggal 31 Desember 2015 dan as of December 31, 2015 Disajikan dalam ribuan Rupiah, kecuali dinyatakan lain Expressed in thousands of Rupiah, unless otherwise stated untuk tahun yang berakhir pada tanggal tersebut and for the year then ended DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES FINANCIAL STATEMENTS KEUANGAN KONSOLIDASIAN 15. PERPAJAKAN lanjutan 15. TAXATION continued

e. Pajak Tangguhan lanjutan

e. Deferred Tax continued

Entitas Induk: Parent Entity: Perbedaan penyusutan Commercial and tax depreciation komersial dan fiskal difference Imbalan pasca kerja Post-employment benefit Amortisasi Amortization Penurunan nilai persediaan Impairment of inventory Penurunan nilai aset Impairment of assets Penyisihan piutang ragu-ragu Allowance for doubtful account Entitas Anak: Subsidiaries: Perbedaan penyusutan Depreciation expense komersial dan fiskal commercial and fiscal Amortisasi Amortization Rugi fiskal Fiscal loss Imbalan pasca kerja Post-employment benefit Penyisihan piutang Allowance for doubtful account Bonus Bonus income Desember 31, 2015 Beginning balance Changed to income comprehensive Ending balance Dibebankan ke komprehensif lain Saldo Akhir 5.359.993 4.056.708 - 101.524.425 79.773.421 545.638.960 816.742 38.306.374 637.650 - - 637.650 11.992.227 3.385.997 - 15.378.224 January 1, 2015 statements 9.416.701 74.997.857 1.176.803 Charged to other 1.357.192 836.237 - 3.652.354 - 1.931.201 - - - - - 1 Januari 2015 Laporan Laba Rugi 76.174.660 - 181.297.846 31 Desember 2015 penghasilan 506.515.844 2.193.429 1.383.882 672.023 38.090 2.093.995 156.432 403.342 - 559.774 5 026 074 6 747 509 11 773 583 1.721.153 Saldo Awal Dibebankan ke 526.193.538 79.009.006 38.306.374 408.878.158 Bonus Bonus Total assets liabilities deferred Entitas Induk: Parent Entity: Perbedaan penyusutan Commercial and tax depreciation komersial dan fiskal difference Liabilitas imbalan pasca Post-employment benefit Amortisasi Amortization Penurunan nilai persediaan Impairment of inventory Penurunan nilai aset Impairment of assets Penyisihan piutang ragu-ragu Allowance for doubtful account Entitas Anak: Subsidiaries: Perbedaan penyusutan Depreciation expense komersial dan fiskal commercial and fiscal Amortisasi Amortization Rugi fiskal Fiscal loss Imbalan pasca kerja Post-employment benefit Penyisihan piutang ragu-ragu Allowance for doubtful account Bonus Bonus Jumlah aset liabilitas pajak Total assets liabilities deferred tangguhan tax 441.514.813 Jumlah aset liabilitas pajak tangguhan 66.963.898 38.268.284 546.746.995 568.484.343 38.155.824 16.418.477 546.746.996 2.129.376 2.896.698 - 5.026.074 4.377.736 7.614.491 - 11.992.227 991.196 492.581 99.895 1.383.882 1.293.444 63.748 - 1.357.192 637.650 - - 637.650 - 156.432 - 156.432 74.939.348 58.509 - 74.997.857 income 559.054.941 49.379.774 16.518.372 526.193.539 15.709 15.708 - 1 4.891.661 468.332 - 5.359.993 2.054.286 333.133 - 1.721.153 68.628.767 32.895.658 - 101.524.425 5.026.074 6.747.509 - 11.773.583 Saldo Awal Dibebankan ke komprehensif lain Saldo Akhir 1 Januari 2014 Laporan Laba Rugi Charged to other 31 Desember 2014 545.782.704 16.662.116 16.518.372 545.638.960 Beginning balance Changed to income comprehensive Ending balance December 31, 2014 January 1, 2014 statements Dibebankan ke penghasilan 65