KEWAJIBAN IMBALAN KERJA EMPLOYEE BENEFITS OBLIGATION

PT BAKRIE SUMATERA PLANTATIONS Tbk. AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED DECEMBER 31, 2009 With Comparative Figures for the Year Ended December 31, 2008 Expressed in Thousand Rupiah, unless otherwise stated 64 24. HUTANG OBLIGASI Lanjutan 24. BONDS PAYABLE Continued 2009 2008 Senior Notes jatuh tempo pada Senior Notes due in 2011 tahun 2011 USD50.000.000 470.000.000 547.500.000 USD50,000,000 Ditambah dikurangi: Add Deduct: Premium yang belum diamortisasi Unamortized premium USD206.306 pada tahun 2009 dan USD206,306 in 2009 and USD306.306 pada tahun 2008 1.939.276 3.354.051 USD306,306 in 2008 Biaya penerbitan Senior Notes Issuance cost of Senior Notes USD2.905.934 29.233.694 29.233.694 USD2,905,934 Akumulasi amortisasi Accumulated amortization penerbitan Senior Notes issuance of Senior Notes USD1.507.856 pada tahun 2009, USD1,507,856 in 2009, and dan USD926.672 pada tahun 2008 16.078.532 10.231.793 USD926,672 in 2008 Sub-jumlah 11.215.886 15.647.850 Sub-total Bersih 458.784.114 531.852.150 Net Pada tanggal 16 Oktober 2009, BSP Finance B.V. telah melakukan penerbitan Senior Secured Notes “Obligasi Baru” sebesar USD25 juta dengan tingkat bunga 10,75 yang akan jatuh tempo pada tahun 2011 dengan harga penerbitan 99 dengan prasyarat sama dengan Obligasi yang diterbitkan pada tanggal 17 Oktober 2006. Diskonto senilai USD205.000 akan diamortisasi menggunakan metode garis lurus selama periode Obligasi Sejak diterbitkannya laporan keuangan ini, Obligasi Baru belum dilepas ke umum, dan diakuisi dan ditahan oleh PT Grahadura Leidong Prima, Anak perusahaan. On October 16, 2009, BSP Finance B.V. has closed down the issuance of USD25 million, 10.75 Senior Secured Notes due 2011 “New Notes” at an issue price of 99 under the same conditions as the Notes issued on October 17, 2006. The discount in the amount of USD205,000 will be amortized on a straight-line basis over the duration of the Notes. As of the date of this report, the New Notes have not been released to the public yet and were acquired and are being held by PT Grahadura Leidong Prima, a Subsidiaries. Sesuai dengan perjanjian, Perusahaan selaku debitur diwajibkan memenuhi persyaratan tertentu, antara lain batasan rasio keuangan dan persyaratan administrasi. Pada tanggal 31 Desember 2009 dan 2008, Perusahaan telah memenuhi rasio keuangan sesuai dengan yang dipersyaratkan dalam Senior Notes. Based on the agreement, the Company is required to fulfill certain requirements, such as maintaining certain financial ratios and administration requirements. As of December 31, 2009 and 2008, the Company is in compliance with the financial ratios as required under the terms of the Senior Notes. PT BAKRIE SUMATERA PLANTATIONS Tbk. AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED DECEMBER 31, 2009 With Comparative Figures for the Year Ended December 31, 2008 Expressed in Thousand Rupiah, unless otherwise stated 65 25. MODAL SAHAM 25. CAPITAL STOCK a. Modal ditempatkan dan disetor penuh a. Issued and fully paid Rincian pemilikan saham Perusahaan pada tanggal 31 Desember 2009, 31 Desember 2008, 2007 dan 2006 adalah sebagai berikut: The details of the Company’s share ownership as of December 31, 2009, December 31, 2008, 2007 and 2006 were as follows: 31 Desember 2009 December 31, 2009 Persentase Kepemilikan Jumlah Saham Percentage of Jumlah Pemegang Saham Number of Shares Ownership Amount Shareholders Credit Suisse Credit Suisse Singapore Singapore Branch SA Branch SA Sun Dragon Sun Dragon Capital Ltd. 430.000.000 11,37 43.000.000 Capital Ltd. PT Bakrie Brothers 200.000.000 5,29 20.000.000 PT Bakrie Brothers Bank Sarasin Rabo Asia Bank Sarasin Rabo Asia Limited ac PT Bakrie + Limited ac PT Bakrie + Brothers Tbk 200.000.000 5,29 20.000.000 Brothers Tbk PT Danatama Makmur 114.000.000 3,01 11.400.000 PT Danatama Makmur Bakrie Brothers Tbk, PT 82.637.265 2,19 8.263.727 Bakrie Brothers Tbk, PT PT Bakrie Brothers Tbk 13.585.483 0,36 1.358.548 PT Bakrie Brothers Tbk Bakrie Brothers, PT 4.329.000 0,11 432.900 Bakrie Brothers, PT Masyarakat 2.737.345.187 72,38 273.734.519 Public Jumlah 3.781.896.935 100,00 378.189.694 Total Saham beredar yang diperoleh kembali 6.100.000 610.000 Treasury shares Bersih 3.787.996.935 378.799.694 Net 31 Desember 2008 December 31, 2008 Persentase Kepemilikan Jumlah Saham Percentage of Jumlah Pemegang Saham Number of Shares Ownership Amount Shareholders PT Bakrie Brothers Tbk 1.024.747.752 27,10 102.474.775 PT Bakrie Brothers Tbk Masyarakat 2.757.149.183 72,90 275.714.919 Public Jumlah 3.781.896.935 100,00 378.189.694 Total Saham beredar yang diperoleh kembali 6.100.000 610.000 Treasury shares Bersih 3.787.996.935 378.799.694 Net Saham yang dipegang oleh Credit Suisse Singapore Branch SA Sun Dragon Capital Ltd. dan PT Danatama Makmur adalah milik PT Bakrie Brothers Tbk. Shares held by Credit Suisse Singapore Branch SA Sun Dragon Capital Ltd. and PT Danatama Makmur are owned for PT Bakrie Brothers Tbk.