Pendirian Perusahaan lanjutan Establishment of the Company continued

included herein are in Indonesian language. PT MULTISTRADA ARAH SARANA TBK DAN ENTITAS ANAKNYA CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN Tanggal 31 Desember 2014 dan untuk Tahun yang Berakhir pada Tanggal Tersebut Disajikan dalam Dolar AS, Kecuali Dinyatakan Lain PT MULTISTRADA ARAH SARANA TBK AND ITS SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS As of December 31, 2014 and for the Year Then Ended Expressed in US Dollars, Unless Otherwise Stated 11 1. UMUM lanjutan 1. GENERAL continued e. Struktur Kelompok Usaha e. Group Structure Entitas-entitas anak yang dikendalikan oleh Perusahaan secara langsung maupun tidak langsung adalah sebagai berikut: The subsidiaries controlled by the Company either directly or indirectly are as follows: Tahun Persentase Kepemilikan Total Aset Beroperasi Efektif Effective Sebelum Eliminasi Secara Percentage of Total Assets Komersial Ownership Before Eliminations Start of Entitas Anak Domisili Commercial Kegiatan Usaha Subsidiary Domicile Operations Business Activities 2014 2013 2014 2013 Dimiliki Langsung oleh Perusahaan Held Directly by the Company PT Multistrada Agro Propinsi DKI Jakarta 2011 Investasi dan pengusahaan dan 95,00 95,00 15.108.214 14.700.160 International “MAI” Province of DKI Jakarta pengelolaan Hutan Tanaman Industri HTI Investment and of forestry industry development and improvement of industrial timber plantations PT Kawasan Industri Propinsi Jawa Barat - Pengelolaan kawasan industri 99,96 99,96 2.136.656 2.180.655 Multistrada “KIM” Province of West Java Industrial estate management Achilles Tire Shanghai, Shanghai, China 2013 Distribusi ban, mesin dan suku cadang 100,00 100,00 735.047 1.402.724 Co., Ltd “ATS” Distribution of tyres, machinery and spare parts PT Indo Masa Sentosa Propinsi DKI Jakarta - Konsultasi manajemen bisnis 70,00 70,00 4.324.471 4.413.522 “IMS” Province of DKI Jakarta Business management consultation Dimiliki Melalui MAI Held through MAI PT Meranti Laksana “MLA” Propinsi Kalimantan a Pengusahaan dan pengelolaan 90,25 90,25 1.004.170 1.011.636 Barat Province of Hutan Tanaman Industri HTI West Kalimantan Development and improvement of industrial timber plantations PT Meranti Lestari “MLI” Propinsi Kalimantan a Pengusahaan dan pengelolaan 90,25 90,25 861.810 844.140 Barat Province of Hutan Tanaman Industri HTI West Kalimantan Development and improvement of industrial timber plantations PT Mitra Jaya Nusaindah Propinsi Kalimantan a Pengusahaan dan pengelolaan 90,25 90,25 332.860 234.824 “MJN” Barat Province of Hutan Tanaman Industri HTI West Kalimantan Development and improvement of industrial timber plantations PT Sylvaduta “SDC” Propinsi Kalimantan a Pengusahaan dan pengelolaan 90,25 90,25 6.264.536 5.513.695 Timur Province Hutan Tanaman Industri HTI of East kalimantan Development and improvement of f industrial timber plantations a Dalam tahap pengembangan. Under development stage. Pendirian Entitas Anak Establishment of Subsidiaries PT Indo Masa Sentosa PT Indo Masa Sentosa Pada tanggal 10 April 2013, Perusahaan mendirikan IMS yang dirancang untuk bergerak terutama di bidang jasa konsultasi manajemen bisnis dengan setoran modal untuk 70,00 kepemilikan saham 30 kepentingan nonpengendali oleh PT Central Sole Agency, pemegang saham nonpengendali Perusahaan sebesar US3.611.226. Sampai dengan tanggal 20 Maret 2015, entitas anak ini masih dalam tahap pengembangan. On April 10, 2013, the Company established IMS which is intended to engage primarily in the management of business consultation with capital contribution for 70.00 equity ownership 30 non-controlling interest are held by PT Central Sole Agency, non- controlling shareholder of US3,611,226. Until March 20, 2015, this subsidiary is still under development stage.