GENERAL continued c. The Subsidiaries and Associates Structure

PT KRAKATAU STEEL PERSERO Tbk dan Entitas Anaknya CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN INTERIM 30 September 2014 Disajikan dalam ribuan Dolar AS dan dalam jutaan Rupiah, Kecuali Dinyatakan Lain PT KRAKATAU STEEL PERSERO Tbk and Its Subsidiaries NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS September 30, 2014 Expressed in thousands of US Dollar and in millions of Rupiah, Unless Otherwise Stated 11 1. UMUM lanjutan 1. GENERAL continued d. Dewan Komisaris, Direksi dan Karyawan d. Boards of Commissioners, Directors and Employees Susunan Dewan Komisaris dan Direksi Perusahaan pada tanggal 30 September 2014 adalah sebagai berikut: The Boards of Commissioners and Directors of the Company as of September 30, 2014 are as follows: Dewan Komisaris Board of Commissioners Komisaris Utama Zacky Anwar President Commissioner Komisaris Binsar H. Simanjuntak Commissioner Komisaris Tubagus Farich Nahril Commissioner Komisaris Budi Darmadi Commissioner Komisaris Independen Mohammad Imron Zubaidy Independent Commissioner Komisaris Independen Achmad Sofjan Ruky Independent Commissioner Dewan Direksi Board of Directors Direktur Utama Irvan Kamal Hakim President Director Direktur Produksi Hilman Hasyim Production Director Direktur Logistik Imam Purwanto Logistics Director Direktur Keuangan tidak terafiliasi Sukandar Unaffiliated Finance Director Direktur Sumber Daya Manusia Human Resources and General dan Umum Dadang Danusiri Affairs Director Direktur Pemasaran Yerry Marketing Director Direktur Teknologi dan Technology and Development Pengembangan Usaha Widodo Setiadharmaji Director Susunan Dewan Komisaris dan Direksi Perusahaan pada tanggal 31 Desember 2013 adalah sebagai berikut: The Boards of Commissioners and Directors of the Company as of December 31, 2013 are as follows: Dewan Komisaris Board of Commissioners Komisaris Utama Zacky Anwar President Commissioner Komisaris Binsar H. Simanjuntak Commissioner Komisaris Tubagus Farich Nahril Commissioner Komisaris Independen Mohammad Imron Zubaidy Independent Commissioner Komisaris Independen Achmad Sofjan Ruky Independent Commissioner Dewan Direksi Board of Directors Direktur Utama Irvan Kamal Hakim President Director Direktur Produksi Hilman Hasyim Production Director Direktur Logistik Imam Purwanto Logistics Director Direktur Keuangan tidak terafiliasi Sukandar Unaffiliated Finance Director Direktur Sumber Daya Manusia Human Resources and General dan Umum Dadang Danusiri Affairs Director Direktur Pemasaran Yerry Marketing Director Direktur Teknologi dan Technology and Development Pengembangan Usaha Widodo Setiadharmaji Director Susunan Komite Audit Perusahaan adalah sebagai berikut: The members of the Company‟s Audit Committee are as follows: 2014 2013 Ketua Achmad Sofyan Ruky Achmad Sofyan Ruky Chairman Wakil Ketua Binsar H. Simanjuntak Binsar H. Simanjuntak Vice Chairman Anggota Mohamad Hasan Mohamad Hasan Member Anggota Iskariman Supardjo Iskariman Supardjo Member Personil manajemen kunci Perusahaan dan Entitas Anaknya meliputi anggota komisaris dan direksi Perusahaan dan Entitas Anak. The key management personnel of the Company and its Subsidiaries comprises of the members of directors and commissioners of the Company and Subsidiaries. PT KRAKATAU STEEL PERSERO Tbk dan Entitas Anaknya CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN INTERIM 30 September 2014 Disajikan dalam ribuan Dolar AS dan dalam jutaan Rupiah, Kecuali Dinyatakan Lain PT KRAKATAU STEEL PERSERO Tbk and Its Subsidiaries NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS September 30, 2014 Expressed in thousands of US Dollar and in millions of Rupiah, Unless Otherwise Stated 12

1. UMUM lanjutan d. Dewan Komisaris, Direksi dan Karyawan

lanjutan Pada tanggal 30 September 2014 dan 31 Desember 2013, Kelompok Usaha memiliki karyawan tetap masing-masing sebanyak 7.230 orang dan 7.490 orang tidak diaudit.

1. GENERAL continued d. Boards of Commissioners, Directors and

Employees continued As of September 30, 2014 and December 31, 2013, the Group has 7,230 and 7,490 permanent employees unaudited, respectively.

e. Penyelesaian Laporan

Keuangan Konsolidasian

e. Completion of the Consolidated Financial Statements

Laporan keuangan konsolidasian ini telah diselesaikan dan disetujui untuk diterbitkan oleh Direksi Perusahaan pada tanggal 27 Oktober 2014. The accompanying consolidated financial statements were completed and authorized for issue by t he Company‟s Directors on October 27, 2014.

2. IKHTISAR KEBIJAKAN AKUNTANSI YANG

PENTING 2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES a. Dasar Penyajian Laporan Keuangan Konsolidasian

a. Basis of Preparation of the Consolidated Financial Statements

Laporan keuangan konsolidasian interim telah disusun sesuai dengan Standar Akuntansi Keuangan di Indonesia “SAK”, yang mencakup Pernyataan dan Interpretasi yang dikeluarkan oleh Dewan Standar Akuntansi Keuangan Ikatan Akuntan Indonesia “DSAK” dan Peraturan-peraturan serta Pedoman Penyajian dan Pengungkapan Laporan Keuangan yang diterbitkan oleh BAPEPAM-LK. The interim consolidated financial statements have been prepared in accordance with Indonesian Financial Accounting Standards “SAK”, which comprise the Statements and Interpretations issued by the Financial Accounting Standards Board of the Indonesian Institute of Accountants “DSAK” and the Regulations and the Guidelines on Financial Statement Presentation and Disclosures issued by BAPEPAM-LK. Laporan keuangan konsolidasian interim disusun sesuai dengan Pernyataan Standar Akuntansi Keuangan “PSAK” No. 1 Revisi 2009, “Penyajian Laporan Keuangan” dan PSAK No. 3 Revisi 2010, “Laporan Keuangan Interim”. The interim consolidated financial statements are prepared in accordance with the Statement of Financial Accounting Standards “PSAK” No. 1 Revised 2009, “Presentation of Financial Statements” and PSAK No. 3 Revised 2010, “Interim Financial Statements”. Laporan keuangan konsolidasian interim disusun berdasarkan konsep akrual, kecuali untuk laporan arus kas dan dengan menggunakan konsep biaya historis, kecuali untuk beberapa akun tertentu yang diukur berdasarkan pengukuran sebagaimana diuraikan dalam kebijakan akuntansi masing- masing akun tersebut. The interim consolidated financial statements have been prepared on the accrual basis, except for statement of cash flows and using the historical cost concept of accounting, except for certain accounts which are measured on the bases described in the related accounting policies of each account. Laporan arus kas konsolidasian interim yang disusun dengan menggunakan metode langsung, menyajikan penerimaan dan pengeluaran kas yang diklasifikasikan dalam aktivitas operasi, investasi dan pendanaan. The interim consolidated statements of cash flows, which have been prepared using the direct method, present cash receipts and payments classified into operating, investing and financing activities. Mata uang penyajian yang digunakan dalam laporan keuangan konsolidasian adalah Dolar Amerika Serikat “Dolar AS” yang merupakan mata uang fungsional Perusahaan Catatan 2.d. Setiap entitas di dalam Kelompok Usaha menetapkan mata uang fungsional sendiri dan transaksi-transaksi di dalam laporan keuangan dari setiap entitas diukur berdasarkan mata uang fungsional tersebut. The presentation currency used in the preparation of the interim consolidated financial statements is the United Stated Dollar “US Dollar” which is the functional currency of the Company and certain Subsidiaries Note 2.d.. Each entity in the Group determines its own functional currency and items included in the financial statements of each entity are measured using that functional currency.