PENYERTAAN SAHAM INVESTMENTS IN SHARES OF STOCK

PT KRAKATAU STEEL PERSERo Tbk. 2011 Annual Report The original consolidated financial statements included herein are in the Indonesian language. PT KRAKATAU STEEL PERSERO Tbk DAN ENTITAS ANAK CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN Pada Tanggal 31 Desember 2011 dan 2010 dan 1 Januari 201031 Desember 2009 dan Untuk Tahun yang Berakhir Pada Tanggal 31 Desember 2011 dan 2010 Disajikan dalam jutaan Rupiah, Kecuali Dinyatakan Lain PT KRAKATAU STEEL PERSERO Tbk AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS As of December 31, 2011 and 2010 and January 1, 2010December 31, 2009 and for the Years Ended December 31, 2011 and 2010 Expressed in millions of Rupiah, Unless Otherwise Stated 71 12. PENYERTAAN SAHAM 12. INVESTMENTS IN SHARES OF STOCK Akun ini terdiri dari: This account consists of: 31 Desember 2011December 31, 2011 Komponen Persentase Nilai tercatat ekuitas Bagian laba Nilai tercatat kepemilikan 1 Jan. 2011 lainnya rugi Dividen kas 31 Des. 2011 Percentage Carrying amount Penambahan Other equity Share in Cash Carrying amount of ownership Jan. 1, 2011 Additions components profit loss dividends Dec. 31, 2011 Metode ekuitasEquity method PT Krakatau Posco 30,00 164.546 1.727.586 32.668 5.662 - 1.853.802 EliminasiElimination - 396.639 - - - 396.639 164.546 1.330.947 32.668 5.662 - 1.457.163 PT Pelat Timah Nusantara Tbk 20,10 98.319 - - 4.544 4.310 89.465 PT Kerismas Witikco Makmur 29,31 46.523 - - 22.128 7.796 60.855 PT Krakatau Prima Dharma Sentana 25,00 309 - - 1 - 308 PT Krakatau Posco Chemtech Calcination 20,00 - 14.949 - - - 14.949 Total metode ekuitas Total equity method 309.697 1.345.896 32.668 11.921 12.106 1.622.740 Metode biaya perolehan Cost method PT Maleo Emtiga 51,64 50.000 - - - - 50.000 PT Seamless Pipe Indonesia Jaya 2,19 10.470 - - - - 10.470 South Australian Steel and Energy 6,67 5.850 - - - - 5.850 PT Marga Mandala Sakti 0,47 675 - - - - 675 PT Metbelosa 15,00 482 - - - - 482 PT Indonesia Asri Refractories 10,00 212 - - - - 212 PT Krakatau Posco Power 10,00 - 1.702 - - - 1.702 Total metode biaya perolehan Total cost method 67.689 1.702 - - - 69.391 Penyisihan penurunan nilai penyertaan Allowance for decline in value of investments 66.532 - - - - 66.532 NetoNet 310.854 1.347.598 32.668 11.921 12.106 1.625.599 31 Desember 2010December 31, 2010 Persentase Nilai tercatat Nilai tercatat kepemilikan 1 Jan. 2010 Bagian laba Dividen kas 31 Des. 2010 Percentage Carrying amount Penambahan Share in Cash Carrying amount of ownership Jan. 1, 2010 Additions profit dividends Dec. 31, 2010 Metode ekuitasEquity method PT Krakatau Posco 30,00 - 164.546 - - 164.546 PT Pelat Timah Nusantara Tbk 20,10 85.916 - 14.989 2.586 98.319 PT Kerismas Witikco Makmur 29,31 49.423 - 9.410 12.310 46.523 PT Krakatau Prima Dharma Sentana 25,00 257 - 52 - 309 Total metode ekuitasTotal equity method 135.596 164.546 24.451 14.896 309.697 Metode biaya perolehanCost method PT Maleo Emtiga 51,64 50.000 - - - 50.000 PT Seamless Pipe Indonesia Jaya 2,19 10.470 - - - 10.470 South Australian Steel and Energy 6,67 5.850 - - - 5.850 PT Marga Mandala Sakti 0,47 675 - - - 675 PT Metbelosa 15,00 482 - - - 482 PT Indonesia Asri Refractories 10,00 212 - - - 212 Total metode biaya perolehan Total cost method 67.689 - - - 67.689 Penyisihan penurunan nilai penyertaan Allowance for decline in value of investment 66.532 - - - 66.532 NetoNet 136.753 164.546 24.451 14.896 310.854 PT KRAKATAU STEEL PERSERo Tbk. Laporan Tahunan 2011 The original consolidated financial statements included herein are in the Indonesian language. PT KRAKATAU STEEL PERSERO Tbk DAN ENTITAS ANAK CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN Pada Tanggal 31 Desember 2011 dan 2010 dan 1 Januari 201031 Desember 2009 dan Untuk Tahun yang Berakhir Pada Tanggal 31 Desember 2011 dan 2010 Disajikan dalam jutaan Rupiah, Kecuali Dinyatakan Lain PT KRAKATAU STEEL PERSERO Tbk AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS As of December 31, 2011 and 2010 and January 1, 2010December 31, 2009 and for the Years Ended December 31, 2011 and 2010 Expressed in millions of Rupiah, Unless Otherwise Stated 72 12. PENYERTAAN SAHAM lanjutan 12. INVESTMENTS