Merger accounting RESTATEMENT OF FINANCIAL STATEMENTS

PT MATAHARI DEPARTMENT STORE Tbk Halaman 527 Schedule CATATAN ATAS LAPORAN KEUANGAN INTERIM 30 SEPTEMBER 2011 SETELAH PENGGABUNGAN USAHA, 2010 DAN 31 DESEMBER 2010 Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain NOTES TO THE INTERIM FINANCIAL STATEMENTS 30 SEPTEMBER 2011 AFTER MERGER, 2010 AND 31 DECEMBER 2010 Expressed in millions of Rupiah, unless otherwise stated Laporan keuangan 2010 telah disajikan kembali. Lihat catatan 3. The 2010 financial statements have been restated. See Note 3

4. KAS DAN SETARA KAS

4. CASH AND CASH EQUIVALENTS

30 September 31 Desember September 2011 December 2010 Kas Cash on hand Rupiah 20,466 15,806 Rupiah Bank Cash in banks Rupiah Rupiah - PT Bank CIMB Niaga Tbk 500,992 475,281 PT Bank CIMB Niaga Tbk - - PT Bank International PT Bank International - Indonesia Tbk 141,635 24,084 Indonesia Tbk - PT Bank Negara PT Bank Negara - Indonesia Persero Tbk 4,687 9,735 Indonesia Persero Tbk - PT Bank Central Asia Tbk 2,000 5,999 PT Bank Central Asia Tbk - - PT Bank Permata Tbk 1,714 2,537 PT Bank Permata Tbk - - Bank lainnya masing- masing di bawah Other banks each - Rp 1.000 436 1,201 below Rp 1,000 671,930 534,643 Dolar AS US Dollar - PT Bank CIMB Niaga Tbk PT Bank CIMB Niaga Tbk - sejumlah USD 271.078 amounting to USD 271,078 31 Desember 2010: 31 December 2010: USD 76.098 2,392 684 USD 76,098 674,322 535,327 Deposito jangka pendek Short-term bank deposits Rupiah Rupiah - PT Bank CIMB Niaga Tbk - 500,000 PT Bank CIMB Niaga Tbk - 674,322 1,035,327 Dikurangi: Deduct: Kas dan setara kas yang Restricted cash and cash dibatasi penggunaannya equivalents - PT Bank CIMB Niaga Tbk 36,967 36,087 PT Bank CIMB Niaga Tbk - 637,355 999,240 Suku bunga per tahun untuk deposito Rupiah di tahun 2010 adalah 7. The annual interest rate for Rupiah deposits in 2010 was 7. Kas dan setara kas yang dibatasi penggunaannya merupakan kas untuk jaminan atas pembayaran bunga terhadap pinjaman sindikasi yang difasilitasi PT Bank CIMB Niaga Tbk dan Standard Chartered Bank lihat Catatan 9. Restricted cash and cash equivalents is collateral cash for interest payments on syndicated loans that are facilitated by PT Bank CIMB Niaga Tbk and Standard Chartered Bank see Note 9. PT MATAHARI DEPARTMENT STORE Tbk Halaman 528 Schedule CATATAN ATAS LAPORAN KEUANGAN INTERIM 30 SEPTEMBER 2011 SETELAH PENGGABUNGAN USAHA, 2010 DAN 31 DESEMBER 2010 Dinyatakan dalam jutaan Rupiah, kecuali dinyatakan lain NOTES TO THE INTERIM FINANCIAL STATEMENTS 30 SEPTEMBER 2011 AFTER MERGER, 2010 AND 31 DECEMBER 2010 Expressed in millions of Rupiah, unless otherwise stated Laporan keuangan 2010 telah disajikan kembali. Lihat catatan 3. The 2010 financial statements have been restated. See Note 3

5. PERSEDIAAN

5. INVENTORIES

30 September 31 Desember September 2011 December 2010 Pakaian pria 116,967 100,399 Menswear Pakaian wanita 98,142 93,640 Ladieswear Sepatu 76,850 67,450 Shoes Pakaian anak 70,173 67,518 Childrenwear Perlengkapan rumah tangga dan Household appliances perlengkapan mandi 30,379 35,304 and toiletries Tas, kosmetik dan Bags, cosmetics and aksesoris 18,746 28,280 accessories Mainan dan perlengkapan Toys and sport olahraga 13,367 13,540 equipments 424,624 406,131 Dikurangi: Less: Provisi untuk persediaan 5,832 5,347 Provision for inventory 418,792 400,784 Pada tanggal 30 September 2011, persediaan Perusahaan telah diasuransikan terhadap risiko kebakaran dan risiko lainnya dengan nilai pertanggungan sejumlah Rp 421,919 31 Desember 2010: Rp 417.206. Manajemen berkeyakinan bahwa jumlah ini telah memadai untuk menutupi kerugian atas risiko-risiko tersebut di atas. As at 30 September 2011, inventories owned by the Company were insured against losses from fire and other risks for Rp 421,919 31 December 2010: Rp 417,206. In management’s opinion, the insurance is adequate to cover possible losses arising from such risks. Manajemen berkeyakinan bahwa provisi persediaan cukup memadai untuk menutupi kemungkinan kerugian karena penurunan nilai persediaan. Management believes that the provision for inventory is adequate to cover loss due to the decline in the value of inventories.