IMPACT OF GLOBAL ECONOMICS CRISIS ON GROUP GOING CONCERN

PT BAKRIELAND DEVELOPMENT Tbk. DAN ENTITAS ANAK CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN lanjutan 31 Desember 2012 Dan 2011 Dengan Angka Perbandingan 1 Januari 201131 Desember 2010 Dan Tahun Yang Berakhir Pada Tanggal-Tanggal 31 Desember 2012 Dan 2011 Dinyatakan dalam Rupiah, kecuali dinyatakan lain PT BAKRIELAND DEVELOPMENT Tbk. AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS continued December 31, 2012 And 2011 With Comparative Figure January 1, 2011December 31, 2010 And The Years Ended December 31, 2012 And 2011 Expressed in Rupiah, unless otherwise stated 197

54. PERISTIWA SETELAH PERIODE PELAPORAN lanjutan

54. EVENTS AFTER REPORTING PERIOD continued

bb. Pada tanggal 26 April 2013, BSU dan Minarak Labuan Co. L Ltd., pihak berelasi, menandatangani addendum perjanjian atas Perjanjian Jual Beli Saham Bersyarat tanggal 3 Desember 2012 sehubungan dengan perubahan harga transaksi pembelian saham MMS dari Rp 3,5 triliun menjadi Rp 3,1 triliun. bb. On April 26, 2013, BSU and Minarak Labuan Co. L Ltd., a related party entered into admenments of Conditional Sale and Purchase of Shares Agreement dated December 3, 2012, in relation to the changes of acquisition price of MMS shares from to Rp 3.5 trillion to become Rp 3.1 trillion. cc. Pada tanggal 19 April 2013, PT Bakrie Infrastructure BI, Entitas Anak, mengadakan perjanjian jual beli dan pengalihan cessie tagihan dengan Tempus Eternity Ltd. TE sebagaimana telah diaktakan dengan Akta Notaris Humberg Lie, S.H., S.E., MKn., No. 99 tanggal 19 April 2013. BI telah menjual dan menyerahkan Tagihan kepada TE. Tagihan adalah seluruh tagihan BI kepada PT Bakrie Toll Road BTR berdasarkan Perjanjian Pokok Pinjaman Pemegang Saham tanggal 30 April 2011 antara BI sebagai pemberi pinjaman dengan BTR sebagai penerima pinjaman. cc. On April 19, 2013, PT Bakrie Infrastructure BI, a Subsidiary, entered into a purchase agreement and transfer cessie receivable with Tempus Eternity Ltd. TE as notarized by Notarial Deed No.99 of Humberg Lie, SH, SE, MKn., dated April 19, 2013. BI has been sold and handed over the receivable to the TE. The receivable is receivable of BI to PT Bakrie Toll Road BTR based on Principal Shareholders Agreement dated April 30, 2011 between BI as a lender and BTR as debitur. dd. Pada tanggal 11 Januari 2013, PT Bakrie Nirwana Semesta BNS, Entitas Anak, mengadakan addendum kedua atas Perjanjian Penempatan dan Pengelolaan Dana dengan PT Fortune Pacific Capital dengan melakukan perpanjangan jangka waktu penempatan dan pengelolaan dana hingga 12 Januari 2014. dd. On January 11, 2013, PT Bakrie Nirwana Semesta BNS, a Subsidiary, entered into second addendum on Placement and Management Agreement with PT Fortune Pacific Capital to extend the period of the placement and management of funds until January 12, 2014. 55. REKLASIFIKASI AKUN 55. RECLASSIFICATION OF ACCOUNTS Beberapa akun dalam laporan keuangan konsolidasian pada tanggal 31 Desember 2011 dan 1 Januari 2011 31 Desember 2010 telah direklasifikasi agar sesuai dengan penyajian laporan keuangan konsolidasian pada tanggal 31 Desember 2012: Some accounts in the consolidated financial statement for the year ended December 31, 2011 and January 1, 2011December 31, 2010 has been reclassified to conform with the presentation of the consolidated financial statement as of December 31, 2012: Disajikan Penyesuaian Sebelumnya Reklasifikasi Disajikan As Previously Adjusments Kembali Reported Reclassification As Restated Laporan posisi keuangan Consolidated statements of konsolidasian financial position 31 Desember 2011 December 31, 2011 Tanah yang belum dikembangkan 4.846.394.733.066 114.999.084.611 4.961.393.817.677 Land bank Aset tetap 5.601.213.500.324 3.035.620.275.167 2.565.593.225.157 Fixed assets Hak pengusahaan jalan tol - 2.920.621.190.556 2.920.621.190.556 Toll road concession rights assets Biaya masih harus dibayar 287.981.402.476 55.637.901.888 232.343.500.588 Accrued expenses Liabilitas imbalan kerja jangka pendek - 9.433.544.756 9.433.544.756 Short - term employee benefit Liabilitas imbalan kerja jangka panjang - 46.204.357.132 46.204.357.132 Long-term employee benefit 31 Desember 2010 December 31, 2010 Tanah yang belum dikembangkan 4.755.002.320.140 120.567.766.517 4.875.570.086.657 Land bank Aset tetap 5.639.422.127.074 3.091.154.156.782 2.548.267.970.292 Fixed assets Hak pengusahaan jalan tol - 2.970.586.390.265 2.970.586.390.265 Toll road concession rights assets Biaya masih harus dibayar 340.478.431.206 38.003.907.170 302.474.524.036 Accrued Expenses Liabilitas imbalan kerja jangka pendek - 3.304.572.086 3.304.572.086 Short - term employee benefit Liabilitas imbalan kerja jangka panjang - 34.699.335.084 34.699.335.084 Long-term employee benefit PT BAKRIELAND DEVELOPMENT Tbk. DAN ENTITAS ANAK CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN lanjutan 31 Desember 2012 Dan 2011 Dengan Angka Perbandingan 1 Januari 201131 Desember 2010 Dan Tahun Yang Berakhir Pada Tanggal-Tanggal 31 Desember 2012 Dan 2011 Dinyatakan dalam Rupiah, kecuali dinyatakan lain PT BAKRIELAND DEVELOPMENT Tbk. AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS continued December 31, 2012 And 2011 With Comparative Figure January 1, 2011December 31, 2010 And The Years Ended December 31, 2012 And 2011 Expressed in Rupiah, unless otherwise stated 198 55. REKLASIFIKASI AKUN lanjutan 55. RECLASSIFICATION OF ACCOUNTS continued Disajikan Penyesuaian Sebelumnya Reklasifikasi Disajikan As Previously Adjusments Kembali Reported Reclassification As Restated Laporan laba rugi komprehensif Consolidated statements of konsolidasian comprehensive income 31 Desember 2011 December 31, 2011 Penghasilan usaha bersih 2.017.319.021.475 89.788.811.900 1.927.530.209.575 Net revenues Beban pokok penghasilan 1.059.110.566.343 56.493.734.175 1.002.616.832.168 Cost of revenues Beban penjualan 101.214.085.309 161.836.577 101.052.248.732 Selling expenses General and administrative Beban umum dan administrasi 624.144.551.129 86.713.571.035 537.430.980.094 expenses Penghasilan beban bunga dan Interest income expenses and keuangan - bersih 145.416.393.302 192.911.221.836 47.394.828.534 financial charges - net Gain loss on foreign Laba rugi selisih kurs - bersih 11.650.260.656 612.092.304 12.262.352.960 exchange - net Rugi pembatalan penjualan unit Loss on cancellation of sale apartemen dan rumah - 3.767.213.541 3.767.213.541 of housing and apartments Laba atas penjualan investasi Gain on sales of investments Saham Entitas Anak dan in Subsidiaries and Associate Entitas Asosiasi - 6.093.140.048 6.093.140.048 Company Lain-lain - bersih 30.334.393.236 27.295.938.472 57.630.331.708 Others-net Taksiran beban pajak 32.650.965.540 70.684.167.802 103.335.133.342 Provision for tax expenses Rugi tahun berjalan dari Loss for the year from operasi yang dihentikan - 204.717.156.596 204.717.156.596 discontinued operations Laporan arus kas Consolidated statements of konsolidasian cash flow 31 Desember 2011 December 31, 2011 Pembayaran kas untuk beban Cash paid for usaha 699.679.245.378 3.927.686 699.683.175.064 operating expense Penerimaan penjualan aset Proceeds from sale of tetap 538.232.574 3.927.686 542.160.260 fixed assets Hasil penjualan Proceeds from sale of investasi saham 124.175.443.073 16.225.000.000 140.400.443.073 investment of shares Penurunan peningkatan Decrease increase in penyertaan saham - 16.225.000.000 16.225.000.000 investment of shares

56. INFORMASI TAMBAHAN ATAS TRANSAKSI YANG TIDAK MEMPENGARUHI ARUS KAS

56. NON-CASH ACTIVITIES 2012

2011 Peningkatan penyertaan saham Increasing in investment in share of stock melalui penurunan uang muka through decreasing advances for pembelian 962.343.200.000 - purchase Penghapusan piutang yang berasal dari pembatalan perjanjian Cancellation of receivables from penjualan 129.982.056.920 - sales cancellation agreement Increasing in other receivabale Peningkatan piutang lain-lain melalui through the sales of investment penjualan penyertaan saham 97.000.000.000 - in share of stock Penambahan persediaan yang berasal dari pembatalan Addition inventories from the cancelation perjanjian penjualan 24.792.586.103 - of the sales agreement Reklasifikasi properti investasi ke aset Reclassification of investment properties tetap - bangunan 12.758.673.812 - to fixed asset - building Penambahan aset tetap melalui Additions of fixed assets through utang pembelian aset tetap 3.047.300.000 1.494.700.000 debt purchases of fixed assets