Non Controlling Interests in Net Assets and Comprehensive Income Losses of the Subsidiaries

PT SINAR MAS MULTIARTHA Tbk AND ITS SUBSIDIARIES Notes to Consolidated Financial Statements For the Years Ended December 31, 2014 and 2013 Figures are Presented in Millions of Rupiah,unless Otherwise Stated

49. Earnings Per Share

2014 2013 Net income for computation of basic earnings per share and diluted earnings per share 1,008,382 1,213,374 Weighted average number of ordinary shares for computation of diluted earnings per share 6,237,808,717 6,236,872,901 Basic earning per share 162 195

50. Nature of Relationship and Transactions with Related Parties Nature of Relationship

Other than the key management personnel, the related parties of the Company represent companies under the Sinar Mas Group of companies: a. Stockholders included ultimate stockholder of the Company. b. The companies which have the same stockholder with the Company, directly or indirectly. c. The companies which are controlled by family members of stockholders and key management of the Company. Transactions with Related Parties In the normal course of business, the Group entered into certain transactions with related parties. a. Significant balances with related parties in the consolidated statements of financial position as of consolidated statement of financial position dates are as follows: Percentage to Percentage to Total Assets Total Assets Total Liabilities Total Liabilities ASSETS Short-term investments 1,340,807 2.00 1,236,438 3.00 Factoring receivables 69,825 0.00 70,084 0.00 Premium and reinsurance receivables 234,057 0.00 117,809 0.00 Loans 818,780 2.00 944,678 2.00 Receivables from brokers 67,993 0.00 1,834 0.00 Other receivables 14,636 0.00 14,642 0.00 Other assets 42,072 0.00 61,278 0.00 Total Assets 2,588,170 4.00 2,446,763 5.00 LIABILITIES Deposits and deposits from other banks 2,534,085 7.00 2,996,072 9.00 Insurance payables 33,725 0.00 12,709 0.00 Unearned premium and estimated claims liability 755,426 2.00 458,290 1.00 Payables to brokers - 0.00 1,264 0.00 Accrued expenses 3,252 0.00 3,366 0.00 Other liabilities 2,700 0.00 3,330 0.00 Total Liabilities 3,329,188 9.00 3,475,031 10.00 2014 2013 - 106 -