DERIVATIVE FINANCIAL INSTRUMENTS continued

the Indonesian language. PT KRAKATAU STEEL PERSERO DAN ANAK PERUSAHAAN CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASI Tahun yang Berakhir pada Tanggal-tanggal 31 Desember 2009, 2008 dan 2007 Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain PT KRAKATAU STEEL PERSERO AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS Years Ended December 31, 2009, 2008 and 2007 Expressed in millions of Rupiah, unless otherwise stated 61 18. PERPAJAKAN lanjutan 18. TAXATION continued b. Hutang pajak b. Taxes payable 2009 2008 2007 Pajak penghasilan: Income taxes: Pasal 21 52.047 48.983 27.926 Article 21 Pasal 22 3.773 4.628 4.719 Article 22 Pasal 2326 3.274 2.457 5.083 Articles 2326 Pasal 25 1.257 5.158 2.631 Article 25 Pasal 29 24.148 108.146 24.681 Article 29 Pajak Pertambahan Nilai 11.327 5.536 20.677 Value-Added Tax Pajak daerah dan retribusi 5.205 6.861 7.776 Regional tax and retribution Jumlah 101.031 181.769 93.493 Total c. Beban manfaat pajak c. Tax expense benefit 2009 2008 2007 Beban pajak kini Current tax expense Perusahaan - 401.570 47.392 The Company Anak Perusahaan 88.688 151.093 84.883 Subsidiaries Sub-jumlah 88.688 552.663 132.275 Sub-total Beban manfaat pajak tangguhan Deferred tax expense benefit Perusahaan 131.149 237.356 37.614 The Company Anak Perusahaan 14.916 38.093 10.954 Subsidiaries Sub-jumlah 116.233 275.449 48.568 Sub-total Beban manfaat pajak, bersih 27.545 277.214 180.843 Tax expense benefit, net d. Pajak kini d. Current tax Rekonsiliasi antara laba sebelum beban manfaat pajak sesuai dengan laporan laba rugi konsolidasi dan taksiran laba kena pajak rugi fiskal Perusahan adalah sebagai berikut: The reconciliation between income before tax expense benefit as reported in the consolidated statements of income and the Company’s estimated taxable income tax loss is as follows: 2009 2008 2007 Laba sebelum beban manfaat pajak Income before tax expense benefit per sesuai laporan laba rugi konsolidasi 468.659 740.823 497.363 consolidated statements of income Laba sebelum beban pajak Income before tax expense Anak Perusahaan 105.136 117.038 98.916 of Subsidiaries Laba sebelum beban manfaat pajak Income before tax expense benefit of Perusahaan 363.523 623.785 398.447 the Company Beda temporer: Temporary differences: Penyisihan pemulihan penurunan Provision for recovery of decline nilai persediaan 588.604 604.458 - in value of inventory Penyusutan dan rugi penjualan Depreciation and loss from sale of aset tetap 91.623 114.437 63.485 fixed assets Penyisihan piutang ragu-ragu, bersih 5.108 27.364 806 Provision for doubtful accounts, net Kesejahteraan karyawan 8.430 19.863 15.474 Employees’ benefits Bagian atas laba bersih Share in net income of Anak Perusahaan 268.418 150.944 198.320 Subsidiaries Penyisihan persediaan usang - 3.901 7.033 Provision for inventory obsolescence Sub-jumlah 751.861 611.277 125.588 Sub-total the Indonesian language. PT KRAKATAU STEEL PERSERO DAN ANAK PERUSAHAAN CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASI Tahun yang Berakhir pada Tanggal-tanggal 31 Desember 2009, 2008 dan 2007 Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain PT KRAKATAU STEEL PERSERO AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS Years Ended December 31, 2009, 2008 and 2007 Expressed in millions of Rupiah, unless otherwise stated 62 18. PERPAJAKAN lanjutan 18. TAXATION continued d. Pajak kini lanjutan d. Current tax continued 2009 2008 2007 Beda tetap: Permanent differences: Imbalan perawatan kesehatan Post-retirement healthcare pasca-kerja 335.132 72.002 61.947 benefits Beban yang tidak dapat dikurangkan 48.652 51.538 25.415 Non-deductible expenses Beban bunga 12.757 18.471 10.361 Interest expense Beban program tanggung jawab Corporate social responsibility sosial dan lingkungan 2.829 2.626 365 expenses Penghasilan bunga yang telah Interest income already subject to dikenakan pajak final 17.206 24.307 12.155 final income tax Pendapatan yang telah dibebankan Income already subject to pajak penghasilan final 395.134 16.769 2.652 final income tax Sub-jumlah 683.234 103.561 83.281 Sub-total Taksiran laba kena pajak rugi fiskal 1.071.572 1.338.623 356.140 Estimated taxable income tax loss Kompensasi rugi fiskal - - 198.111 Tax loss carry forward Taksiran laba kena pajak rugi fiskal Estimated taxable income tax loss setelah kompensasi rugi fiskal 1.071.572 1.338.623 158.029 after carry forward Beban pajak kini, taksiran hutang pajak penghasilan dan tagihan pajak adalah sebagai berikut: The current tax expense, estimated income tax payable and claims for tax refund are as follows: 2009 2008 2007 Taksiran laba kena pajak Estimated taxable income tax loss - rugi pajak - Perusahaan - 1.338.623 158.029 the Company Beban pajak kini - Perusahaan - 401.570 47.392 Current tax expense - the Company Pembayaran pajak penghasilan di muka Prepayments of income taxes Pajak penghasilan pasal 22 135.726 339.188 157.967 Income tax article 22 Pajak penghasilan pasal 23 937 753 190 Income tax article 23 Pajak penghasilan pasal 25 - 315 - Income tax article 25 Fiskal luar negeri - 210 153 Fiscal exit tax Sub-jumlah 136.663 340.466 158.310 Sub-total Taksiran hutang pajak penghasilan - 61.104 - Estimated income tax payable Taksiran tagihan pajak Estimated claims for tax refund Tahun berjalan Current year Perusahaan 136.663 - 110.918 The Company Anak Perusahaan 12.814 17.873 16.604 Subsidiaries Tahun sebelumnya Previous years Perusahaan - - - The Company Anak Perusahaan 20.352 13.556 11.307 Subsidiaries Sub-jumlah 169.829 31.429 138.829 Sub-total Pajak Pertambahan Nilai 16.962 231.477 17.145 Value-Added Tax Jumlah 186.791 262.906 155.974 Total