Consumer Financing Receivables Financial Statement 2011

PT SINAR MAS MULTIARTHA Tbk AND ITS SUBSIDIARIES Notes to Consolidated Financial Statements December 31, 2011 and 2010 and For the Years then Ended - 71 - 2011 2010 Rp 000,000 Rp 000,000 Investments Shares - at Fair value through profit and loss Third parties Rupiah PT United Tractors Tbk 9,894 7,973 PT Bank Mandiri Persero Tbk 7,162 6,207 PT Astra Internasional Tbk 4,514 3,327 PT Bank Central Asia Tbk 2,784 2,227 PT Bank Pan Indonesia Tbk 3,027 4,424 PT Telekomunikasi Indonesia Tbk 1,844 2,079 PT Bank Rakyat Indonesia Persero Tbk 2,261 1,759 PT Perusahaan Gas Negara Persero Tbk 1,738 2,423 PT Tambang Batubara Bukit Asam Tbk 1,397 1,847 PT Holcim Indonesia Tbk 1,250 1,293 PT International Nickel Indonesia Tbk 862 1,314 Others below Rp 1,000 million each 1,175 1,199 Total - shares 37,908 36,072 Units of mutual fund - at Fair value through profit and loss Related parties Note 54 Rupiah Danamas Stabil 41,155 29,810 Foreign currency Note 59 Danamas Dollar 142 23,510 Jumlah 41,297 53,320 Third parties Rupiah RD Gani Pendapatan Tetap 1,415,699 1,380,509 PT Henan Putihrai Asset Management Maestro Flexi 1,271,343 2,390,544 Si Dana Batavia Terbatas VI 804,956 870,257 Syailendra Multi Strategy Fund I 454,049 111,875 Schroder Dana Terpadu II 386,527 332,339 RD Kharisma Flexi Terbatas III 103,653 - Schroder Dana Prestasi Plus 79,244 80,037 Fortis Ekuitas 78,353 78,433 Schroder Syariah Balanced Fund 45,358 43,534 Corfina Bima Berimbang Penyertaan Terbatas 11,290 32,089 Schroder Dana Mantap Plus II 5,164 4,525 Others below Rp 1,000 million each 913 970 Total 4,656,549 5,325,112 Foreign currencies Note 59 Corfina Bima Berimbang Dollar Penyertaan Terbatas 426,221 386,308 HPAM USD 30,448 - PT Henan Putihrai Asset Management Maestro Dollar I 18,204 164,703 Total 474,873 551,011 Total - third parties 5,131,422 5,876,123 Total - units of mutual fund 5,172,719 5,929,443 Total - investments 5,254,458 6,994,121 PT SINAR MAS MULTIARTHA Tbk AND ITS SUBSIDIARIES Notes to Consolidated Financial Statements December 31, 2011 and 2010 and For the Years then Ended - 72 - 2011 2010 Rp 000.000 Rp 000.000 Cash in banks Third parties Rupiah PT Bank CIMB Niaga Tbk 35,374 30,945 PT Bank Internasional Indonesia Tbk 948 441 PT Bank Mega Tbk 6 6 Total - Rupiah 36,328 31,392 Foreign currencies Note 59 PT Bank Internasional Indonesia Tbk 2,976 4,402 PT Bank CIMB Niaga Tbk 534 112 PT Bank Mega Tbk 21 21 Total - foreign currencies 3,531 4,535 Total - cash in banks 39,859 35,927 Investment receivables 2,090 2,271 Total 5,296,407 7,032,319

11. Segregated Funds Net Assets - Sharia

2011 2010 Rp 000,000 Rp 000,000 Investment Third parties Time deposits Rupiah PT Bank CIMB Niaga Tbk - Sharia Division 3,000 1,000 PT Bank Mandiri Syariah 2,500 - PT BCA Syariah 2,000 - PT Bank Muamalat Indonesia - 2,000 Total 7,500 3,000 Shares Rupiah PT United Tractor Tbk 2,793 - PT Tambang Batubara Bukit Asam Tbk 2,013 - PT Indo Tambangnya Megah Tbk 1,604 - PT Astra International Tbk 1,221 - Total 7,631 -