FACTORING LIABILITIES Acquisition of LNP continued

Indonesian language. PT MNC LAND Tbk DAN ENTITAS ANAK CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN Untuk tahun-tahun yang Berakhir pada tanggal-tanggal 31 Desember 2014 dan 2013 Disajikan dalam Rupiah, kecuali dinyatakan lain PT MNC LAND Tbk AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS For the years ended December 31, 2014 and 2013 Expressed in Rupiah, unless otherwise stated 87

25. LIABILITAS IMBALAN

KERJA JANGKA PANJANG lanjutan 25. LONG-TERM EMPLOYEE BENEFIT LIABILITY continued Jumlah yang diakui di laporan laba rugi komprehensif konsolidasian sehubungan dengan imbalan kerja ini adalah sebagai berikut: Amounts recognized in the consolidated statements of comprehensive income in respect of these employee benfits are as follows: 2014 2013 Biaya jasa kini 7.079.956.647 4.291.550.769 Current service cost Biaya bunga 4.041.423.257 2.177.138.156 Interest cost Biaya jasa lalu 8.317.000 3.401.966 Past service cost Pengaruh efek perubahan Effects of data changes data “Tanggal Masuk” 3.673.000 - “Date of Entry” Amortisasi kerugian 377.375.687 909.884.548 Amortization of actuarial cost Mutasi masuk 324.324.808 204.349.000 Mutation in Pengaruh kurtailmen 1.305.232.000 4.659.792.828 Effect of curtailment Beban pemutusan 102.708.000 601.550.000 Termination cost Kelebihan pembayaran 405.322.291 8.164.853.780 Excess of payment Total 11.013.888.690 10.489.835.391 Total Liabilitas imbalan kerja yang termasuk dalam laporan posisi keuangan konsolidasian adalah sebagai berikut: The amounts included in the consolidated statements of financial position arising from the Group’s employee benefits are as follows: 2014 2013 Nilai kini kewajiban yang tidak didanai 56.669.125.431 45.364.623.685 Present value of unfunded liability Biaya jasa lalu yang belum diakui 9.056.018.618 240.242.000 Unrecognized past service cost Keuntungan aktuarial yang belum diakui 6.007.718.909 8.268.055.204 Unrecognized actuarial losses Liabilitas bersih 53.620.825.722 36.856.326.481 Net liability Mutasi nilai kini kewajiban imbalan pasti pada tahun berjalan adalah sebagai berikut: Movements in the present value of the defined benefit obligation in the current year are as follows: 2014 2013 Saldo awal 45.364.623.685 30.956.688.192 Beginning balance Dampak konsolidasian entitas anak 8.217.694.000 13.331.053.363 Effect of consolidation of subsidiariess Biaya jasa kini 7.079.956.647 4.291.550.769 Current service cost Biaya bunga 4.041.423.257 2.177.138.156 Interest cost Effect of changes in Efek perubahan asumsi 8.037.014.231 1.725.381.188 actuarial assumptions Kerugian keuntungan aktuarial 2.774.742.739 4.958.074.448 Actuarial gain losses Biaya jasa lalu - 400.354.000 Past service cost Dampak atas kurtailmen 1.210.880.000 784.733.306 Effect of curtailment Efek perubahan Effect of data “Tanggal Masuk” 3.673.000 - data changes “Date of Entry” Beban pemutusan 126.600.000 - Termination cost Indonesian language. PT MNC LAND Tbk DAN ENTITAS ANAK CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN Untuk tahun-tahun yang Berakhir pada tanggal-tanggal 31 Desember 2014 dan 2013 Disajikan dalam Rupiah, kecuali dinyatakan lain PT MNC LAND Tbk AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS For the years ended December 31, 2014 and 2013 Expressed in Rupiah, unless otherwise stated 88

25. LIABILITAS IMBALAN

KERJA JANGKA PANJANG lanjutan 25. LONG-TERM EMPLOYEE BENEFIT LIABILITY continued 2014 2013 Penyesuaian atas revisi imbalan 61.890.808 - Adjustment for revise of benefits Mutasi masuk 287.079.000 139.091.694 Mutation in Pembayaran manfaat 2.033.317.474 834.934.535 Benefits paid Saldo akhir 56.669.125.431 45.364.623.685 Ending balance Riwayat penyesuaian pengalaman adalah sebagai berikut: The history of experience adjustments is as follows: Selain program imbalan pasti, NGI juga mengakui program pensiun pasti dari Hotel yang dikelola oleh Dana Pensiun Bersama Ikrar Abadi. Iuran pensiun ditentukan sebesar 8 dari gaji bulanan karyawan, dimana 5 merupakan kontribusi oleh Hotel. NGI mengakui imbalan pasca kerja tanpa pendanaan atas kekurangan antara imbalan yang tersedia dalam program dana pensiun dengan imbalan pasca kerja imbalan pasti berdasarkan Undang- undang No. 132013. In addition to defined benefit plan, NGI also recognizes defined pension plan of the Hotel, which is managed by Dana Pensiun Bersama Ikrar Abadi. The contribution is determined as 8 of the employee’s monthly salary of which 5 is contributed by the Hotel. NGI recognizes as unfunded defined benefits the shortage of employee benefits under the defined contribution plans against the employee entitlement under the post-employment benefit based on Labor Law No. 132013. Beban yang diakui di laporan laba rugi komprehensif konsolidasian terkait program pensiun dar NGI adalah: Amounts recognized in consolidated statements of comprehensive income in respet of NGI’s pension plans are as follows: 2014 2013 Biaya jasa kini 2.171.855.938 2.495.472.127 Current service cost Biaya bunga 353.397.003 169.716.911 Interest cost Keuntungan aktuarial 379.596.103 375.623.314 Actuarial gains Total 2.145.656.838 2.289.565.724 Total Jumlah yang termasuk dalam laporan posisi keuangan yang timbul dari kewajiban Hotel sehubungan dengan program pensiun adalah sebesar Rp5.910.242.627 dan Rp4.454.736.949 masing-masing pada tanggal 31 Desember 2014 dan 2013. The amounts included in the statements of financial position arising from the Hotel’s obligation in repect of the pension plan amounted to Rp5,910,242,627 and Rp4,454,736,949 as of December 31, 2014 and 2013, respectively. 31 DesemberDecember 31, 2014 2013 2012 2011 2010 Rp ‘000 Rp ‘000 Rp ‘000 Rp ‘000 Rp ‘000 Nilai kini kewajiban imbalan pasti 56.669.125 45.364.624 30.956.688 24.828.157 14.690.532 Present value of defined benefit obligation Penyesuaian pengalaman liabilitas program 506.416 535.758 911.400 400.706 150.011 Experience adjustments on plan liabilities