Cost of Goods Sold

DAN ENTITAS ANAK AND SUBSIDIARY CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED KONSOLIDASIAN Lanjutan FINANCIAL STATEMENTS Continued Untuk Tahun-tahun yang Berakhir 31 Desember 2011 dan 2010 For the Years Ended December 31, 2011 and 2010 Dalam Rupiah Penuh In Full Rupiah d102 April 2012 75 Paraf Rincian beban dan utang pajak kini adalah sebagai berikut: Detail of current tax expense and tax payables are follows: 2011 2010 Rp Rp Beban pajak kini Current tax: Perusahaan 509,752,810,000 356,163,426,750 The Company Anak perusahaan 19,323,280,418 15,669,916,916 Subsidiaries Jumlah 529,076,090,418 371,833,343,666 Total Dikurangi pembayaran pajak Less prepayment of income tax: dibayar dimuka: Perusahaan: The Company Pasal 22 7,818,024,067 1,940,449,356 Article 22 Pasal 23 5,771,151,909 2,360,987,347 Article 23 Pasal 25 296,388,352,800 156,263,804,769 Article 25 Sub jumlah 309,977,528,776 160,565,241,472 Sub total Entitas Anak: 15,280,758,915 15,380,962,586 Subsidiaries Jumlah 325,258,287,691 175,946,204,058 Total Hutang pajak kini: Current tax liabilities: Perusahaan 199,775,281,224 195,598,185,278 The Company Anak perusahaan 4,042,521,503 288,954,330 Subsidiaries Jumlah 203,817,802,727 195,887,139,608 Total

d. Liabilitas Pajak Tangguhan

d. Deferred Tax Liabilities

Dikreditkan Dikreditkan Dibebanlan Dibebanlan ke Laba Ditahan ke Laba Ditahan 31 Des 2009 Credited Charged to Penyesuaian 31 Des 2010 Credited Charged to Penyesuaian 31 Des 2011 31-Dec-09 Retained Earning Adjustment 31-Dec-10 Retained Earning Adjustment 31-Dec-11 Rp Rp Rp Rp Rp Rp Rp Perusahaan The Company Cadangan Penurunan Nilai Allowance for Impairment of Piutang 14,311,759,624 6,418,644,989 227,473,365 20,957,877,978 2,114,515,142 539,339 23,071,853,781 Accounts Receivable Penyisihan Persediaan Provision for Inventories Usang 1,102,034,563 128,436,683 6,842,013 966,755,867 89,201,306 88,836,550 1,144,793,723 Obsolence Perbedaan antara Nilai Buku Bersih Difference Commercial and Fiscal Aset Tetap Komersil dan Fiskal 274,411,835,024 2,909,958,651 6,744,784,657 270,577,009,018 2,843,896,868 -- 267,733,112,150 Net Book Value of Fixet Assets Imbalan Pasca Kerja 13,978,167,115 9,338,705,969 12,708,891,689 36,025,764,773 16,489,333,818 3,660,433,462 48,854,665,129 Employee Benefits Keuntungan Kerugian Nilai wajar Instrumen Keuangan -- 11,931,394,180 11,931,394,180 859,000,000 887,105,819 11,959,499,999 Sub Jumlah 245,019,873,722 24,650,349,804 19,674,307,698 200,695,216,220 20,677,947,134 2,685,030,432 182,702,299,518 Sub Total Entitas Anak Subsidiaries Cadangan Penurunan Nilai Allowance for Impairment of Piutang 891,695,576 -- 95,538,812 796,156,764 -- -- 796,156,764 Accounts Receivable Perbedaan antara Nilai Buku Bersih Difference Commercial and Fiscal Aset Tetap Komersil dan Fiskal 14,149,793,788 1,122,196,441 743,604,666 13,771,202,014 208,941,028 -- 13,562,260,986 Net Book Value of Fixet Assets Imbalan Pasca Kerja 466,249,282 119,834,410 49,955,280 536,128,412 -- -- 536,128,412 Employee Benefits Sub Jumlah 12,791,848,930 1,242,030,851 889,098,758 12,438,916,838 208,941,028 -- 12,229,975,810 Sub Total 257,811,722,652 25,892,380,655 18,785,208,940 213,134,133,058 20,886,888,162 2,685,030,432 194,932,275,328 Berdasarkan undang-undang perpajakan Indonesia, Perusahaan dan Entitas anak wajib menghitung, menetapkan, membayar dan melaporkan sendiri pajak yang terutang. Direktur Jenderal Pajak dapat menetapkan atau mengubah liabilitas pajak dalam batas waktu sepuluh tahun sejak tanggal terutangnya pajak. Under the Indonesia taxation laws, the Company and subsidiaries have obligations to calculate, determine and lodge as well as submit tax returns on the basis of self tax assessment. The tax authorities may assess or amend taxes within ten years from the date the tax became due. DAN ENTITAS ANAK AND SUBSIDIARY CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED KONSOLIDASIAN Lanjutan FINANCIAL STATEMENTS Continued Untuk Tahun-tahun yang Berakhir 31 Desember 2011 dan 2010 For the Years Ended December 31, 2011 and 2010 Dalam Rupiah Penuh In Full Rupiah d102 April 2012 76 Paraf

e. Surat Ketetapan Pajak

e. Tax Assessment Letter

Pada tahun 2011, tidak ada Surat Ketetapan Pajak SKP yang diterima oleh Perusahaan dan Entitas anak. Pada tahun 2010, entitas anak KJS menerima Surat Ketetapan Pajak Lebih Bayar SKPLB atas pajak penghasilan badan tahun 2008 sebesar Rp 182.302.331 In 2011, there was no Tax Assessment Letter received by the Company and Subsidiaries In 2010, KJS received Tax Assesment Letter of Overpayment SKPLB for year 2008 ’s corporate income tax amounting to Rp 182,302,331. 36. Transaksi Pihak Berelasi

36. Transaction with Related Parties

Perusahaan dan entitas anak melakukan transaksi dengan pihak- pihak yang berelasi yang berhubungan dengan perolehan penerusan pinjaman dari Pemerintah Republik Indonesia Catatan 23, transaksi penjualan pupuk urea dan amoniak, pemberian jasa dan utilitas, pembelian bahan baku, pemakaian jasa tenaga kerja dan kontraktor serta transaksi keuangan lainnya. Piutang atas transaksi usaha pokok disajikan dalam piutang usaha, sedangkan piutang atas transaksi di luar usaha pokok disajikan dalam piutang lain-lain dan piutang kepada berelasi pada posisi keuangan konsolidasi. Utang atas transaksi usaha pokok disajikan sebagai utang usaha, sedangkan utang atas transaksi di luar usaha pokok disajikan sebagai utang lain-lain dan utang kepada pihak berelasi pada posisi keuangan konsolidasi. The Company and its subsidiaries entered into certain transactions with related parties principally consisting of obtaining extention of loan from the Government of the Republic of Indonesia Note 23, sales of urea fertilizer and ammonia, providing services and utilities, purchases of raw materials, outsource of human resources and contractors, and other financial transactions. Trade account receivable from related parties shown as part of trade accounts receivable, whereas balances of accounts with related parties from non-trade transactions shown as part of other accounts receivable and due from related parties in the consolidated statements of financial position. Trade accounts payable from related parties were shown as part of trade accounts payable, whereas the balances of accounts with related parties from non-trade transactions were shown as part of other accounts payable and due to related parties in the consolidated statement of financial position. Hubungan dan sifat saldo akuntransaksi dengan pihak yang memiliki hubungan istimewa adalah sebagai berikut: The relationship and nature of account balances transactions with related parties are as follows: Pihak Hubungan Istimewa Sifat Hubungan Instimewa Transaksi Related parties Nature of Relationship Transactions PT Pupuk Sriwidjaja Persero Pemegang saham utama Dividen Dividend Major stockholder Yayasan Kesejahteraan Hari Tua Pemegang saham Sewa pesawat terbang Airplane rental PT Pupuk Kalimantan Timur Stockholder PT Petrokimia Gresik Persero Afiliasi Affiliated Penjualan amoniak Ammonia sales PT Pupuk Kujang Afiliasi Affiliated Penjualan pupuk urea Urea fertilizer sales PT OCI Kaltim Melamine Afiliasi Affiliated Penyertaan saham, penyediaan jasa tenaga kerja, Penjualan amoniak dan utilitas Investment in shares of stocks, human resources provision, ammonia and utilities sales. PT Kaltim Lemindo Kimiatama Afiliasi Affiliated Penyertaan jasa tenaga kerja dan penjualan utilitas Human resources provision and utilities sales PT Kaltim Ambikawiratama Afiliasi Affiliated Penyertaan jasa tenaga kerja, penjualan bahan baku dan penjualan utilitas Human resources provision for raw materials and utilities sales. PT Pupuk Sriwidjaja Palembang Afiliasi Affiliated Penjualan pupuk urea Urea fertilizer sales pengantongan Urea fertilizer sales, freight, rental and packing PT Rekayasa Industri Afiliasi Affiliated Penyertaan saham dan kontraktor pembangunan Pabrik Kaltim - 4 Investment in shares of stock and constructor of Kaltim - 4 plant.