INVESTMENT Continued 22 4q2015 financial report reissued

in Indonesian Language Ekshibit E49 Exhibit E49 PT TOWER BERSAMA INFRASTRUCTURE Tbk DAN ENTITAS ANAK CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN UNTUK TAHUN YANG BERAKHIR 31 DESEMBER 2015, 2014 DAN 2013 Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain PT TOWER BERSAMA INFRASTRUCTURE Tbk AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEARS ENDED 31 DECEMBER 2015, 2014 AND 2013 Expressed in million Rupiah, unless otherwise stated 13. ASET TETAP Lanjutan

13. PROPERTY AND EQUIPMENT Continued

Keuntungan pelepasan aset tetap pada tanggal 31 Desember 2015, 2014 dan 2013 adalah sebagai berikut: Gain on disposal of property and equipments in 31 December 2015, 2014 and 2013 are as follows: 2 0 1 5 2 0 1 4 2 0 1 3 Nilai perolehan - 180 2.176 C o s t Akumulasi penyusutan - 107 1.687 Accumulated depreciation Nilai tercatat - 73 489 Carrying value Harga jual - 93 1.457 Selling price Keuntungan pelepasan - 20 968 Gain on disposal Pada tanggal 31 Desember 2015, 2014 dan 2013, aset tetap- sewa pembiayaan berupa kendaraan telah dijadikan jaminan atas liabilitas sewa pembiayaan Catatan 23. As of 31 December 2015, 2014 and 2013, leased vehicles are collateralized for finance lease liabilities Note 23. Pada 31 Desember 2015, 2014 dan 2013, seluruh aset tetap telah diasuransikan terhadap kebakaran, pencurian dan risiko kerugian lainnya kepada pihak ketiga berdasarkan suatu paket polis tertentu dengan nilai pertanggungan masing- masing sebesar Rp 48.056, Rp 12.570 dan Rp 38.259. Manajemen berpendapat bahwa nilai pertanggungan tersebut cukup untuk menutupi kemungkinan kerugian atas risiko yang dipertanggungkan. As of 31 December 2015, 2014 and 2013, all property and equipment have been insured against fire, theft and other losses to third parties under a blanket policy with sum insured of Rp 48,056, Rp 12,570 and Rp 38,259, respectively. Management believes that the sum insured is adequate to cover possible losses from such risks. Berdasarkan evaluasi yang dilakukan manajemen, tidak terdapat kejadian atau perubahan atas keadaan yang menunjukan adanya penurunan nilai aset tetap pada tanggal 31 Desember 2015, 2014 dan 2013. Based on evaluation of Management, there were no events or changes in circumstances to indicate any impairment of property and equipment as of 31 December 2015, 2014 and 2013. 14. PROPERTI INVESTASI 14. INVESTMENT PROPERTIES Rincian properti investasi adalah sebagai berikut: The details of investment properties are as follows: 2 0 1 5 Saldo awal Beginning balance Penambahan Additions Pengurangan Deductions Reklasifikasi Reclassifications Reklasifikasi dari aset tetap Reclassifications from property and equipment Saldo akhir Ending balance 2 0 1 5 Properti investasi dalam Investment properties penyelesaian 679.825 800.125 - 1.085.379 - 394.571 in progress Tanah 32.154 202 - - - 32.356 Land Bangunan menara 12.070.274 - - 1.077.068 75.337 13.222.679 Tower building Repeater 133.225 7.650 - 8.311 - 149.186 Repeater 12.235.653 7.852 - 1.085.379 75.337 13.404.221 Akumulasi kenaikan nilai wajar 2.125.687 195.974 2.321.661 Accumulated increase of fair value Nilai wajar 14.361.340 15.725.882 Fair value J u m l a h 15.041.165 16.120.453 T o t a l in Indonesian Language Ekshibit E50 Exhibit E50 PT TOWER BERSAMA INFRASTRUCTURE Tbk DAN ENTITAS ANAK CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN UNTUK TAHUN YANG BERAKHIR 31 DESEMBER 2015, 2014 DAN 2013 Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain PT TOWER BERSAMA INFRASTRUCTURE Tbk AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEARS ENDED 31 DECEMBER 2015, 2014 AND 2013 Expressed in million Rupiah, unless otherwise stated 14. PROPERTI INVESTASI Lanjutan 14. INVESTMENT PROPERTIES Continued 2 0 1 4 Saldo awal Beginning balance Penambahan Additions Pengurangan Deductions Reklasifikasi Reclassifications Saldo akhir Ending balance 2 0 1 4 Properti investasi dalam Investment properties penyelesaian 1.044.311 1.425.284 - 1.789.770 679.825 in progress Tanah 31.697 457 - - 32.154 Land Bangunan menara 10.285.127 - - 1.785.147 12.070.274 Tower building Repeater 128.602 - - 4.623 133.225 Repeater 10.445.426 457 - 1.789.770 12.235.653 Akumulasi kenaikan nilai wajar 1.475.055 650.632 2.125.687 Accumulated increase of fair value Nilai wajar 11.920.481 14.361.340 Fair value J u m l a h 12.964.792 15.041.165 T o t a l 2 0 1 3 Saldo awal Beginning balance Penambahan Additions Pengurangan Deductions Reklasifikasi Reclassifications Saldo akhir Ending balance 2 0 1 3 Properti investasi dalam Investment properties penyelesaian 773.378 1.817.050 - 1.546.117 1.044.311 in progress Tanah 29.042 1.655 - 1.000 31.697 Land Bangunan menara 8.739.010 - - 1.546.117 10.285.127 Tower building Repeater 128.602 - - - 128.602 Repeater 8.896.654 1.655 - 1.547.117 10.445.426 Akumulasi kenaikan nilai wajar 693.892 781.163 1.475.055 Accumulated increase of fair value Nilai wajar 9.590.546 11.920.481 Fair value J u m l a h 10.363.924 12.964.792 T o t a l in Indonesian Language Ekshibit E51 Exhibit E51 PT TOWER BERSAMA INFRASTRUCTURE Tbk DAN ENTITAS ANAK CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN UNTUK TAHUN YANG BERAKHIR 31 DESEMBER 2015, 2014 DAN 2013 Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain PT TOWER BERSAMA INFRASTRUCTURE Tbk AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEARS ENDED 31 DECEMBER 2015, 2014 AND 2013 Expressed in million Rupiah, unless otherwise stated 14. PROPERTI INVESTASI Lanjutan 14. INVESTMENT PROPERTIES Continued Rincian properti investasi dalam penyelesaian adalah sebagai berikut: The details of investment properties in progress are as follows: 2 0 1 5 2 0 1 4 2 0 1 3 Persentase penyelesaian Percentage of completion Dibawah 50 240.688 414.693 626.586 Below 50 Diatas 50 153.883 265.132 417.725 A bove 50 Jumlah 394.571 679.825 1.044.311 T o t a l Pada 31 Desember 2015, 2014 dan 2013, seluruh properti investasi telah diasuransikan terhadap risiko kebakaran, pencurian, bencana alam, liabilitas kepada pihak ketiga, gangguan usaha business interruption dan risiko kerugian lainnya kepada pihak ketiga berdasarkan suatu paket polis tertentu dengan nilai pertanggungan sebesar Rp 5.680.940, Rp 10.728.584 dan Rp 11.074.797. Manajemen berpendapat bahwa nilai pertanggungan tersebut cukup untuk menutupi kemungkinan kerugian atas risiko yang dipertanggungkan. As of 31 December 2015, 2014 dan 2013, investment properties are insured against fire, theft, natural disasters, third party liability, business interruption, and other risks to third parties under blanket policies with a sum insured of Rp 5,680,940, Rp 10,728,584 and Rp 11,074,797, respectively. Management believes that the sum insured is adequate to cover possible losses from such risks. Pengukuran nilai wajar Fair value measurement Sehubungan dengan penerapan PSAK No. 13 Revisi 2011, “Properti Investasi”, Perusahaan dan entitas anak telah memilih model nilai wajar untuk pengukuran setelah pengakuan awal. Nilai wajar properti investasi per 31 Desember 2015, 2014 dan 2013 ditentukan berdasarkan penilaian dari penilai independen KJPP Martokoesoemo Prasetyo Rekan dalam laporannya masing-masing tanggal 25 Februari 2016, 16 Februari 2015 dan 10 Februari 2014, dan telah sesuai dengan peraturan Bapepam-LK No. VIII.C.4 mengenai pedoman penilaian dan penyajian laporan penilaian properti di pasar modal. Regarding the implementation of SFAS No. 13 Revised 2011, “Investment Property”, the Company and subsidiaries has chosen the fair value model for the measurement after initial recognition. The fair value of investment property as of 31 December 2015, 2014 and 2013 is determined based on the appraisal of KJPP Martokoesoemo Prasetyo Rekan in their report dated 25 February 2016, 16 February 2015 and 10 February 2014, respectively and incorporates the regulation of Bapepam-LK No. VIII.C.4 regarding the guidelines of appraisal and presentation of property appraisal report to capitals market. Hirarki nilai wajar properti investasi pada akhir periode pelaporan merupakan kategori dalam level 3 pengukuran berulang nilai wajar. Tidak terdapat transfer antara level selama tahun berjalan. Rekonsiliasi dari saldo awal dan saldo akhir nilai wajar disajikan sebagai berikut: The fair value hierarchy of investment properties at the end of reporting period is categorised as a level 3 recurring fair value measurement. A reconciliation of the opening and closing fair value balance is provided as follows: 2 0 1 5 2 0 1 4 2 0 1 3 Saldo awal 14.361.340 11.920.481 9.590.546 Beginning balance Penambahan 1.364.542 2.440.859 2.329.935 Additions Saldo akhir 15.725.882 14.361.340 11.920.481 Ending balance