UTANG JANGKA PANJANG – UTANG BANK LONG-TERM LIABILITIES – BANK LOAN

The original consolidated financial statements included herein are in Indonesian language. PT MNC LAND Tbk DAN ENTITAS ANAK CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN lanjutan Untuk tahun yang berakhir pada 31 Desember 2015 Dan 2014 Disajikan dalam Rupiah, kecuali dinyatakan lain PT MNC LAND Tbk AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS continued For The Years Ended December 31, 2015 And 2014 Expressed in Rupiah, unless otherwise stated 89

25. LIABILITAS IMBALAN KERJA JANGKA PANJANG lanjutan

25. LONG-TERM EMPLOYEE BENEFIT LIABILITY continued

Program Imbalan Pasti lanjutan Defined Benefit Plan continued Pada tanggal 31 Desember 2015 dan 2014, Perusahaan dan Entitas Anak mencatat liabilitas imbalan kerja jangka panjang berdasarkan perhitungan aktuaris independen yaitu PT Dayamandiri Dharmakonsilindo dengan laporannya masing-masing bertanggal 2 Februari 2016 dan 30 Januari 2015, dengan menggunakan metode “Projected Unit Credit” dan asumsi-asumsi utama sebagai berikut: As of December 31, 2015 and 2014, the Company and Subsidiaries recognized long-term employee benefits liability in accordance with the calculation of independent actuary, PT Dayamandiri Dharmakonsilindo, with valuation report dated February 2, 2016 and January 30, 2015, respectively, by using “Projected Unit Credit” method and the key assumptions are as follows: 2015 2014 Umur pensiun normal 55 tahun 55 years old 55 tahun 55 years old Retirement age Kenaikan gaji 5,00 5,00 Annual salary increase Tingka bunga diskonto 9,00 8,20 Annual discount rate Tingkat mortalitas TMI I 2011 TMI I 2011 Mortality rate Beban imbalan kerja karyawan yang diakui di laporan laba rugi dan penghasilan komprehensif lainnya konsolidasian adalah sebagai berikut: The employees benefits expense recognized in the consolidated statement of profit or loss and other comprehensive income is as follows: 2015 2014 Biaya jasa kini 10.001.043.175 9.251.812.585 Current service cost Biaya bunga 5.078.797.408 4.394.820.260 Interest cost Biaya jasa lalu, termasuk Past service cost, including kerugian keuntungan dari kurtailmen 159.831.020 428.982.901 loss gain on curtailments Pengakuan langsung atas keuntungan Immediate recognition of actuarial kerugian aktuarial 649.775.627 493.685.103 gain loss Biaya imbalan pasti yang diakui Defined benefit costs recognized di laba rugi 14.589.895.976 12.723.964.841 in profit or loss Keuntungan aktuarial yang Actuarial gain arising from berasal dari perubahan asumsi keuangan 6.730.475.782 4.204.985.583 changes in financial assumptions Kerugian aktuarial yang Actuarial loss arising from berasal dari penyesuaian pengalaman 609.520.336 788.178.775 experience adjustments Biaya imbalan pasti yang diakui Defined benefit costs recognized di penghasilan komprehensif lain 6.120.955.446 3.416.806.808 in other comprehensive income Total 8.468.940.530 9.307.158.033 Total Mutasi nilai kini kewajiban imbalan pasti pada tahun berjalan adalah sebagai berikut: Movement in the present value of the defined benefit obligation in the current year are as follows: 2014 2013 Disajikan kembali Disajikan kembali 2015 As restated As restated Saldo awal 63.993.621.056 49.819.360.633 36.156.295.632 Beginning balance Dampak konsolidasi Effect of consolidation entitas anak - 8.217.694.000 13.331.053.363 of subsidiaries Imbalan kerja karyawan yang Employees’ benefits charged to dibebankan ke laba rugi 14.589.895.976 12.723.964.841 9.599.156.166 profit or loss Imbalan kerja karyawan yang dibebankan ke penghasilan Employees’ benefits charged to komprehensif lain 6.120.955.446 3.416.806.808 1.919.483.916 other comprehensive income Kelebihan pembayaran yang dibayar oleh Perusahaan 3.853.915.890 3.350.591.610 11.186.628.444 Benefits paid by the Company Saldo akhir 68.608.645.696 63.993.621.056 49.819.360.633 Ending balance The original consolidated financial statements included herein are in Indonesian language. PT MNC LAND Tbk DAN ENTITAS ANAK CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN lanjutan Untuk tahun yang berakhir pada 31 Desember 2015 Dan 2014 Disajikan dalam Rupiah, kecuali dinyatakan lain PT MNC LAND Tbk AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS continued For The Years Ended December 31, 2015 And 2014 Expressed in Rupiah, unless otherwise stated 90

25. LIABILITAS IMBALAN KERJA JANGKA PANJANG lanjutan

25. LONG-TERM EMPLOYEE BENEFIT LIABILITY continued

Perkiraan pembayaran liabilitas imbalan pasca- kerja pada tanggal 31 Desember 2015 dan 2014 adalah sebagai berikut: The expected undiscounted benefit payment of post-employment benefits liabilities as of December 31, 2015 and 2014 is as follows: 2015 2014 Dalam waktu 12 bulan berikut Within the next 12 months periode laporan tahun berikutnya 1.007.838.000 1.916.526.000 the next reporting period Antara 2 dan 5 tahun 13.235.228.000 6.343.004.000 Between 2 and 5 years Lebih dari 5 tahun 66.111.020.000 56.831.737.000 More than 5 years Total 80.354.086.000 65.091.267.000 Total Sensitivitas keseluruhan imbalan pasca-kerja terhadap perubahan tertimbang asumsi dasar adalah sebagai berikut: The sensitivity of the overall provision of post- employment benefits to changes in the weighted principal assumptions is as follows: 2015 2014 Dampak pada Dampak pada liabilitas liabilitas impact on impact on overall liability overall liability Tingkat bunga diskonto Discount rate Kenaikan 1 64.072.620.419 55.804.270.504 Increase 1 Penurunan 1 73.460.643.253 64.356.098.917 Decrease 1 Tingkat kenaikan gaji Salary growth rate Kenaikan 1 73.856.213.984 64.672.200.835 Increase 1 Penurunan 1 63.746.389.188 55.554.473.083 Decrease 1 26. MODAL SAHAM 26. CAPITAL STOCK Kepemilikan saham Perusahaan pada tanggal 31 Desember 2015 berdasarkan laporan PT BSR Indonesia adalah sebagai berikut: The share ownership as of Desember 31, 2015 based on report from PT BSR Indonesia are as follows: Ditempatkan dan Disetor Persentase Penuh Kepemilikan Number of Percentage Shares Issued of Jumlah Pemegang Saham and Fully Paid Ownership Amount Shareholders PT MNC Investama Tbk 1.312.505.158 19,05 656.252.579.000 PT MNC Investama Tbk HT Investment Development Ltd 770.866.000 11,19 385.433.000.000 HT Investment Development Ltd MNC Media Investment Ltd 713.952.500 10,36 356.976.250.000 MNC Media Investment Ltd Bhakti Investama International Ltd 614.540.000 8,92 307.270.000.000 Bhakti Investama International Ltd Oxley Capital Investment Ltd 397.893.790 5,77 198.946.895.000 Oxley Capital Investment Ltd Komisaris dan Direksi Commissioners and Directors Hary Tanoesoedibjo 97.587.252 1,42 48.793.626.000 Hary Tanoesoedibjo Liliana Tanaja 6.966.500 0,10 3.483.250.000 Liliana Tanaja Daniel Yuwonokhoe 6.233.600 0,09 3.116.800.000 Daniel Yuwonokhoe Michael Stefan Dharmajaya 4.107.000 0,06 2.053.500.000 Michael Stefan Dharmajaya Dipa Simatupang 1.040.000 0,02 520.000.000 Dipa Simatupang Christ Soepontjo 814.700 0,01 407.350.000 Christ Soepontjo Herman Heriyadi Bunjamin 814.300 0,01 407.150.000 Herman Heriyadi Bunjamin Masyarakat masing-masing dengan kepemilikan kurang Public dari 5 2.963.146.437 43,00 1.481.573.218.500 each below 5 of ownership Total 6.890.467.237 100,00 3.445.233.618.500 Total