INVESTMENT IN AN ASSOCIATE

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS DECEMBER 31, 2015, 2014 AND JANUARY 1, 2014 DECEMBER 31, 2013 AND FOR THE YEARS ENDED DECEMBER 31, 2015 AND 2014 Continued - 48 - Tahun 2008 Year 2008 SMI telah mengajukan keberatan atas STP PPN Nopember – Desember 2008 sebesar Rp 895 juta atau setara dengan US 65 ribu. SMI submitted objection for STP VAT November – December 2008 amounting to Rp 895 million or equivalent to US 65 thousand. Sampai dengan tanggal penerbitan laporan keuangan konsolidasian, proses keberatan, banding dan peninjauan kembali atas pajak- pajak tersebut di atas masih berlangsung As of the issuance date of these consolidated financial statements, the objection, appeal and judicial review above are still in process.

12. REKENING BANK

YANG DIBATASI PENGGUNAANNYA 12. RESTRICTED CASH IN BANKS 2015 2014 US ’000 US ’000 Deutsche Bank AG, Singapura 12.953 8.233 Deutsche Bank AG, Singapore Bangkok Bank Public Company Bangkok Bank Public Company Limited, Jakarta 12.396 9.503 Limited, Jakarta PT Bank DBS Indonesia, Jakarta 368 7.609 PT Bank DBS Indonesia, Jakarta Jumlah 25.717 25.345 Total Bagian lancar 12.764 14.250 Current portion Bagian tidak lancar 12.953 11.095 Noncurrent portion 31 DesemberDecember 31, Rekening yang dibatasi penggunaannya merupakan Debt Service Reserve Account dan Debt Service Accrual Account atas perjanjian kredit yang diterima dari masing-masing bank seperti yang dijelaskan pada Catatan 17. Restricted cash in banks represent Debt Service Reserve Account and Debt Service Accrual Account for the loan agreements obtained from each bank as discussed in Note 17. Bagian lancar dari rekening bank yang dibatasi penggunaannya merupakan escrow account yang digunakan untuk membayar bunga pinjaman masing-masing sebesar US 12.396 ribu di Bangkok Bank Public Company Limited, Jakarta dan US 368 ribu di PT Bank DBS Indonesia, Jakarta pada tanggal 31 Desember 2015 dan sebesar US 9.503 ribu di Bangkok Bank Public Company Limited, Jakarta dan US 4.747 ribu di PT Bank DBS Indonesia, Jakarta pada tanggal 31 Desember 2014. The current portion of restricted cash in banks represent the escrow account used for interest payment of the loans amounting to US 12,396 thousand for Bangkok Bank Public Company Limited, Jakarta and US 368 thousand for PT Bank DBS Indonesia, Jakarta as of December 31, 2015 and amounting to US 9,503 thousand for Bangkok Bank Public Company Limited, Jakarta and US 4,747 thousand for PT Bank DBS Indonesia, Jakarta as of December 31, 2014. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS DECEMBER 31, 2015, 2014 AND JANUARY 1, 2014 DECEMBER 31, 2013 AND FOR THE YEARS ENDED DECEMBER 31, 2015 AND 2014 Continued - 49 - 13. ASET TETAP

13. PROPERTY, PLANT AND EQUIPMENT

Selisih kurs 1 Januari penjabaran 31 Desember January 1, Translation Penambahan Pengurangan Reklasifikasi December 31, 2015 Adjustment Additions Deductions Reclassifications 2015 US ’000 US ’000 US ’000 US ’000 US ’000 US ’000 Biaya perolehan: Cost: Pemilikan langsung: Direct acquisition: Tanah 61.440 34 7.638 - - 69.044 Land Bangunan dan prasarana 169.706 922 1.267 - 1.446 171.497 Buildings and infrastructures Mesin 1.820.246 56 62.161 - - 1.882.351 Machineries Kendaraan bermotor 2.976 23 282 67 - 3.168 Motor vehicles Peralatan dan perlengkapan 17.819 7 1.251 - 94 19.157 Furniture and fixtures Aset dalam penyelesaian 234.441 67 156.004 - 1.540 388.838 Construction in progress Aset sewa pembiayaan: Assets under finance lease: Prasarana 394 - - - - 394 Infrastructures Jumlah biaya perolehan 2.307.022 1.109 228.603 67 - 2.534.449 Total cost Akumulasi penyusutan: Accumulated depreciation: Pemilikan langsung: Direct acquisition: Bangunan dan prasarana 101.438 544 6.493 - - 107.387 Buildings and infrastructures Mesin 1.045.249 38 55.247 - - 1.100.458 Machineries Kendaraan bermotor 2.401 8 153 40 - 2.506 Motor vehicles Peralatan dan perlengkapan 13.870 7 1.799 - - 15.662 Furniture and fixtures Aset sewa pembiayaan: Assets under finance lease: Prasarana 309 - 79 - - 388 Infrastructures Jumlah akumulasi penyusutan 1.163.267 597 63.771 40 - 1.226.401 Total accumulated depreciation Jumlah Tercatat 1.143.755 1.308.048 Net Carrying Amount Selisih kurs 1 Januari penjabaran 31 Desember January 1, Translation Penambahan Pengurangan Reklasifikasi December 31, 2014 Adjustment Additions Deductions Reclassifications 2014 US ’000 US ’000 US ’000 US ’000 US ’000 US ’000 Biaya perolehan: Cost: Pemilikan langsung: Direct acquisition: Tanah 64.490 7 3.955 - 6.998 61.440 Land Bangunan dan prasarana 158.570 182 985 - 10.333 169.706 Buildings and infrastructures Mesin 1.814.458 13 5.225 - 576 1.820.246 Machineries Kendaraan bermotor 2.540 7 517 74 - 2.976 Motor vehicles Peralatan dan perlengkapan 15.742 - 1.626 55 506 17.819 Furniture and fixtures Aset dalam penyelesaian 31.359 45 214.542 - 11.415 234.441 Construction in progress Aset sewa pembiayaan: Assets under finance lease: Prasarana 394 - - - - 394 Infrastructures Jumlah biaya perolehan 2.087.553 254 226.850 129 6.998 2.307.022 Total cost Akumulasi penyusutan: Accumulated depreciation: Pemilikan langsung: Direct acquisition: Bangunan dan prasarana 95.163 138 6.413 - - 101.438 Buildings and infrastructures Mesin 989.700 13 55.562 - - 1.045.249 Machineries Kendaraan bermotor 2.323 2 140 60 - 2.401 Motor vehicles Peralatan dan perlengkapan 12.577 - 1.348 55 - 13.870 Furniture and fixtures Aset sewa pembiayaan: Assets under finance lease: Prasarana 230 - 79 - - 309 Infrastructures Jumlah akumulasi penyusutan 1.099.993 153 63.542 115 - 1.163.267 Total accumulated depreciation Jumlah Tercatat 987.560 1.143.755 Net Carrying Amount Beban penyusutan dialokasikan sebagai berikut: Depreciation expense was allocated to the following: 2015 2014 US’000 US’000 Beban pokok pendapatan 62.217 62.218 Cost of revenues Beban umum dan administrasi General and administrative expenses Catatan 27 1.185 1.085 Note 27 Beban penjualan Catatan 26 369 239 Selling expenses Note 26 Jumlah 63.771 63.542 Total