Acquisition of SIP formerly Kufpec Indonesia Pangkah B.V, “KIP”

ENTITAS ANAK SUBSIDIARIES CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN INTERIM NOTES TO INTERIM CONSOLIDATED FINANCIAL STATEMENTS 30 September 2016 dan untuk Periode Sembilan Bulan September 30, 2016 and for Period The Nine Months yang Berakhir Pada Tanggal Tersebut Then Ended Disajikan dalam Dolar Amerika Serikat AS, kecuali dinyatakan lain Expressed in US Dollar, unless otherwise stated

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b. Akuisisi SIPL dahulu Hess Indonesia Pangkah Limited, “HIPL” AKUISISI Lanjutan

ACQUISITION Continued Liabilitas pajak tangguhan 20,433,594 Deferred tax liability Liabilitas pembongkaran aset dan restorasi area 31,257,512 Asset abandonment and restoration obligations Nilai wajar aset neto teridentifikasi 564,763,242 Purchase consideration transferred Jumlah aset dan liabilitas yang diakui: Recognised amount of assets and liabilities: Kas dan setara kas 19,416,567 Cash and cash equivalents Liabilitas yang masih harus dibayar 54,937,250 Accrued liabilities Utang lain-lain 5,597,872 Other payables Utang pajak 38,666,939 Tax payables Liabilitas imbalan pascakerja Aset lain-lain 20,766,211 Prepaid taxes 6,286,448 Post-employment benefit obligation Goodwill 39,341,881 Goodwill Utang usaha 11,025,387 Trade payables Piutang lain-lain 49,081,311 Other receivables Persediaan 16,759,843 Inventories Properti minyak dan gas 587,602,431 Oil and gas properties Uang muka pajak 11,921,146 Prepaid taxes Properti minyak dan gas 243,256,222 Oil and gas properties January 2014 Imbalan pembelian yang dialihkan 564,763,242 Purchase consideration transferred Nilai wajar aset neto teridentifikasi 259,851,818 Purchase consideration transferred

b. Acquisition of SIPL formerly Hess Indonesia Pangkah Limited, “HIPL”

Pada tanggal 10 Januari 2014, SIPBV telah melakukan akuisisi atas 100 kepemilikan saham pada Hess Indonesia Pangkah Limited dari pemilik saham lama, yaitu Hess Oil and Gas Holding Inc. dan Hess NWE Holdings, dengan imbalan pembelian yang dialihkan sebesar USD564.763.242 yang terdiri dari akuisisi saham sebesar USD27.429.910 dan USD29.424.980 serta pengalihan piutang oleh SEI masing-masing sebesar USD537.333.332. Selanjutnya pada tanggal 16 Januari 2014, HIPL berganti nama menjadi SIPL. On January 10, 2014, SIPBV acquired 100 equity interests in Hess Indonesia Pangkah Limited from the previous owner Hess Oil and Gas Holding Inc. and Hess NWE Holdings, with the purchase consideration transferred of USD564,763,242 respectively, which consist of acquisition of shares amounted to USD27,429,910 and USD29,424,980 and also handover of receivable by SEI amounted to USD537,333,332. Subsequently on January 16, 2014, HIPL have changed its names to SIPL. Utang kepada pihak berelasi 8,459,834 Loan to related parties Tabel berikut merangkum harga perolehan akuisisi SIPL dan jumlah aset yang diperoleh dan liabilitas yang diambil alih pada tanggal akuisisi. The following table summarises the consideration paid for acquisition of SIPL and the amounts of the assets acquired and liabilities assumed recognised at the acquisition date. 10 Januari Liabilitas pajak tangguhan 12,605,626 Deferred tax liability Liabilitas pembongkaran aset dan restorasi area 17,250,083 Asset abandonment and restoration obligations Goodwill 35,533,125 Goodwill Utang lain-lain 29,034,949 Other payables Liabilitas imbalan pascakerja 1,238,787 Post-employment benefit obligation Beban dibayar dimuka 4,810,491 Prepaid expenses Kas dan setara kas 23,587 Cash and cash equivalents Piutang lain-lain 25,318,546 Persediaan 7,577,980 Inventories 26 Juni June 2013 Imbalan pembelian yang dialihkan 259,851,818 Purchase consideration transferred Jumlah aset dan liabilitas yang diakui: Recognised amount of assets and liabilities: Other receivables Tabel berikut merangkum harga perolehan akuisisi SIP dan jumlah aset yang diperoleh dan liabilitas yang diambil alih pada tanggal akuisisi. The following table summarises the consideration paid for acquisition of SIP and the amounts of the assets acquired and liabilities assumed recognised at the acquisition date. 45 ENTITAS ANAK SUBSIDIARIES CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN INTERIM NOTES TO INTERIM CONSOLIDATED FINANCIAL STATEMENTS 30 September 2016 dan untuk Periode Sembilan Bulan September 30, 2016 and for Period The Nine Months yang Berakhir Pada Tanggal Tersebut Then Ended Disajikan dalam Dolar Amerika Serikat AS, kecuali dinyatakan lain Expressed in US Dollar, unless otherwise stated

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