MODAL SAHAM SHARE CAPITAL

These Consolidated Financial Statements are Originally Issued in Indonesian Language PT MITRA INVESTINDO Tbk DAN ENTITAS ANAK CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN UNTUK PERIODE 3 BULAN YANG BERAKHIR PADA TANGGAL-TANGGAL 31 MARET 2015 DAN 2014 Dinyatakan dalam Rupiah, kecuali dinyatakan lain PT MITRA INVESTINDO Tbk AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS FOR THE 3 MONTHS PERIOD ENDED 31 MARCH 2015 AND 2014 Expressed in Rupiah, unless otherwise stated 60 20. MODAL SAHAM Lanjutan 20. SHARE CAPITAL Continued Berdasarkan keputusan Rapat Umum Pemegang Saham Luar Biasa yang diaktakan dengan Akta Notaris No. 34 tanggal 30 April 2014 dari Ashoya Ratam, S.H., M.Kn., Notaris di Jakarta, para pemegang saham Perusahaan menyetujui penggabungan saham reverse stock split dengan ketentuan 4 saham lama menjadi 1 saham baru. Susunan pemegang saham baru setelah reverse stock split menjadi 300.000.000 saham kelas A dengan nilai nominal Rp 200 per saham dan 341.614.000 saham kelas B dengan nilai nominal Rp 20 per saham. Rapat Umum Pemegang Saham Luar Biasa juga menyetujui penurunan modal dasar Perusahaan dari 27.600.000.000 saham menjadi 6.900.000.000 saham. Based on the resolution of the Extraordinary General Meeting of Shareholders as covered by Notarial Deed No. 34 dated 30 April 2014 of Ashoya Ratam, S.H., M.Kn., Notary in Jakarta, the shareholders of the Company resolved to approve a 4 for 1 reverse stock split. The new composition of shareholders after reverse stock split became 300,000,000 A class shares with par value of Rp 200 per share and 341,614,000 B class shares with par value of Rp 20 per share. The Extraordinary General Meeting of Shareholders also resolved to approve the decrease of authorized capital of the Company from 27,600,000,000 shares became 6,900,000,000 shares. Berdasarkan Akta Notaris No. 63 tanggal 30 Juni 2014 dari Ashoya Ratam, S.H., M.Kn., Notaris di Jakarta, para pemegang saham Perusahaan menyetujui peningkatan modal ditempatkan dan disetor Perusahaan melalui penerbitan 641.614.000 saham baru kelas B dengan Hak Memesan Efek Terlebih Dahulu. Based on Notarial Deed No. 63 dated 30 June 2014 of Ashoya Ratam, S.H., M.Kn., Notary in Jakarta, the shareholders of the Company resolved to approve the increase in the issued and paid-up capital of the Company through the issuance of 641,614,000 new B class shares with Pre-emptive Rights. 21. TAMBAHAN MODAL DISETOR – BERSIH 21. ADDITIONAL PAID-IN CAPITAL– NET 31 Maret 31 Desember March 2015 December 2014 Saldo awal 139.899.957.422 9.853.143.050 Beginning balance Penambahan modal disetor - 134.738.940.000 Additional paid-in capital Biaya penerbitan saham - 4.692.125.628 Share issuance cost Saldo akhir 139.899.957.422 139.899.957.422 Ending balance Pada tanggal 24 Juli 2014, Perusahaan melaksanakan penerbitan saham melalui Hak Memesan Efek Terlebih Dahulu yang menghasilkan tambahan modal disetor sebesar Rp 134.738.940.000. On 24 July 2014, the Company carried out a right issue with Pre-Emptive rights which generated an additional share premium amounting to Rp 134,738,940,000 22. DIVIDEN KAS 22. CASH DIVIDEND Berdasarkan keputusan RUPST pada tahun 2014, Laba Bersih Perseroan tahun 2013 seluruhnya dicadangkan untuk modal kerja Perseroan dan entitas anak dalam rangka pengembangan usaha ke depan. Sehingga Perseroan tidak membagikan dividen kepada para pemegang saham. Based on resolution of AGMS on 2014, Company’s Net Profit on 2013 totally proposed to working capital and subsidiaries for the future of business development. So that, the Company did not pay dividend to the shareholder. These Consolidated Financial Statements are Originally Issued in Indonesian Language PT MITRA INVESTINDO Tbk DAN ENTITAS ANAK CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN UNTUK PERIODE 3 BULAN YANG BERAKHIR PADA TANGGAL-TANGGAL 31 MARET 2015 DAN 2014 Dinyatakan dalam Rupiah, kecuali dinyatakan lain PT MITRA INVESTINDO Tbk AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS FOR THE 3 MONTHS PERIOD ENDED 31 MARCH 2015 AND 2014 Expressed in Rupiah, unless otherwise stated 61 23. PENJUALAN 23. SALES 31 Maret 31 Maret March 2015 March 2014 Pihak ketiga Third parties Batu granit 25.406.708.918 31.289.263.752 Granite rocks Minyak mentah 6.703.965.001 - Crude oil Jumlah 32.110.673.919 31.289.263.752 Total Rincian transaksi penjualan kepada satu pelanggan yang melebihi 10 dari penjualan bersih adalah sebagai berikut: Detail of sales transactions to a third party customer which greater than 10 of net sales is as follows: 31 Maret 31 Maret March 2015 March 2014 Pihak ketiga Third parties PT Remicon Widyaprima 3.453.601.963 6.901.965.040 PT Remicon Widyaprima PT Pertamina EP 6.703.965.001 - PT Pertamina EP Jumlah 10.157.566.964 6.901.965.040 Total Pada periode 31 Maret 2015 dan 2014, Grup tidak memiliki transaksi penjualan yang dilakukan dengan pihak berelasi. In period of 31 March 2015 and 2014, the Group had no sales transaction entered into with any related party. 24. BEBAN POKOK PENJUALAN 24. COST OF SALES 31 Maret 31 Maret March 2015 March 2014 Batu Granit Granite Rocks Persediaan awal batu granit Catatan 6 Beginning granite inventories Note 6 Dipindahkan 12.030.061.886 15.543.711.802 Brought forward Beban produksi: Production costs: Bongkar muat 7.405.637.687 4.505.555.187 Loading and discharging Pemeliharaan mesin 5.527.060.705 5.067.096.613 Machineries maintenance Pemakaian bahan bakar 3.587.622.334 4.711.344.059 Fuel consumptions Upah 3.508.274.559 3.773.293.737 Wages Depreciation of property Penyusutan aset tetap Catatan 10 1.766.896.264 1.769.271.264 and equipment Note 10 Pemakaian bahan peledak 1.108.638.257 909.593.834 Explosive consumption Pemakaian oli 563.172.079 907.491.573 Oil consumption Amortisasi aset pertambangan Catatan 7 234.601.402 201.479.185 Amortization of mining properties Note 7 Mess dan catering 178.298.000 197.111.000 Housing and catering Lain-lain 282.482.912 683.507.651 Others Jumlah beban produksi Dipindahkan 24.162.684.199 22.725.744.103 Total production costs Brought forward