PROPERTI INVESTASI Lanjutan INVESTMENT PROPERTIES Continued

121 Laporan Tahunan 2011 PT Tower Bersama Infrastructure Tbk in Indonesian Language Ekshibit E38 Exhibit E38 PT TOWER BERSAMA INFRASTRUCTURE Tbk DAN ENTITAS ANAK CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN 31 DESEMBER 2011 DAN 2010 Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain PT TOWER BERSAMA INFRASTRUCTURE Tbk AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS 31 DECEMBER 2011 AND 2010 Expressed in million Rupiah, unless otherwise stated 14. PROPERTI INVESTASI Lanjutan 14. INVESTMENT PROPERTIES Continued Rincian properti investasi adalah sebagai berikut: The details of investment properties are as follows: 2 0 1 1 Saldo awal Beginning balance Akuisisi Acquisitions Penambahan Additions Pengurangan Deductions Reklasifikasi dari aset tetap Reclassifications from property and equipment Saldo akhir Ending balance 2 0 1 1 Pemilikan langsung Direct ownership Tanah 24.572 970 1.813 - 27.355 Land Bangunan tower 2.283.585 425.267 96.084 9.933 1.077.605 3.680.440 Tower building Repeater 40.964 - 96.084 - 2.807 139.855 Repeater 2.349.121 426.237 1.813 9.933 1.080.412 3.847.650 Akumulasi kenaikan nilai wajar 475.486 140.025 99.889 - - 435.350 Accumulated increase of fair value Nilai wajar 2.824.607 4.283.000 Fair value 2 0 1 0 Saldo awal Beginning balance Akuisisi Acquisitions Penambahan Additions Pengurangan Deductions Reklasifikasi dari aset tetap Reclassifications from property and equipment Saldo akhir Ending balance 2 0 1 0 Pemilikan langsung Direct ownership Tanah 11.351 12.834 387 - - 24.572 Land Bangunan tower 629.555 1.080.907 - 1.774 574.897 2.283.585 Tower building Repeater 36.264 - - 4.700 40.964 Repeater 677.170 1.093.741 387 1.774 579.597 2.349.121 Akumulasi kenaikan nilai wajar 265.917 - 209.569 - - 475.486 Accumulated increase of fair value Nilai wajar 943.087 2.824.607 Fair value Properti investasi telah dijadikan jaminan atas pinjaman yang diperoleh Perusahaan dan entitas anak Catatan 24. Investment properties are pledged as collateral for loans obtained by the Company and subsidiaries Note 24. Pada 31 Desember 2011, seluruh properti investasi telah diasuransikan terhadap risiko kebakaran, pencurian, bencana alam, liabilitas kepada pihak ketiga, gangguan usaha business interruption dan risiko lainnya berdasarkan suatu paket polis tertentu dengan nilai pertanggungan sebesar Rp 3.737.646. Manajemen berpendapat bahwa nilai pertanggungan tersebut cukup untuk menutupi kemungkinan kerugian atas risiko yang dipertanggungkan. As of 31 December 2011 investment properties are insured against fire, theft, natural disasters, third party liability, business interruption, and other risks under blanket policies with a sum insured of Rp 3,737,646. Management believes that the sum insured is adequate to cover possible losses from such risks. 122 Annual Report 2011 PT Tower Bersama Infrastructure Tbk in Indonesian Language Ekshibit E39 Exhibit E39 PT TOWER BERSAMA INFRASTRUCTURE Tbk DAN ENTITAS ANAK CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN 31 DESEMBER 2011 DAN 2010 Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain PT TOWER BERSAMA INFRASTRUCTURE Tbk AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS 31 DECEMBER 2011 AND 2010 Expressed in million Rupiah, unless otherwise stated 14. PROPERTI INVESTASI Lanjutan 14. INVESTMENT PROPERTIES Continued