Obligasi Wajib Konversi OWK – Rupiah Mandatory Convertible Bonds MCB –

PT SMARTFREN TELECOM Tbk DAN ENTITAS ANAK Catatan atas Laporan Keuangan Konsolidasian 30 Juni 2013 Tidak Diaudit dan 31 Desember 2012 Diaudit serta untuk Periode Enam Bulan yang Berakhir 30 Juni 2013 dan 2012 Tidak Diaudit Angka-angka Disajikan dalam Rupiah, kecuali Dinyatakan Lain PT SMARTFREN TELECOM Tbk AND ITS SUBSIDIARIES Notes to Consolidated Financial Statements June 30, 2013 Unaudited and December 31, 2012 Audited and For the Six-Month Periods Ended June 30, 2013 and 2012 Unaudited Figures are Presented in Rupiah, unless Otherwise Stated - 100 - • OWK tanpa bunga yang berlaku; dan • OWK akan dikonversi menjadi saham Seri C dengan harga konversi Rp 100 per saham dan dapat dilakukan setiap saat oleh pemegang OWK sampai jatuh tempo. • The MCB will become non interest bearing; and • MCB will be converted into Series C share with par value of Rp 100 per share and could be converted any time by bondholders until the maturity date of MCB. Restrukturisasi OWK ini menyebabkan pembalikan atas komponen keuangan liabilitas yang merupakan pengakuan bunga yang disajikan sebagai “Keuntungan atas pelunasan utang” sebesar Rp 46.562.196.173 pada laporan laba rugi tahun 2012 dan menyajikan komponen liabilitas OWK sebesar Rp 396.479.670.841 ke komponen ekuitas sebagai bagian dari “Obligasi Wajib Konversi”. The above restructuring of MCB resulted to the reversal of financial liability component representing the accretion of interest as “Gain on extinguishment of debt” amounting to Rp 46,562,196,173 in the 2012 profit and loss and the principal amount of Rp 396,479,670,841 was transferred to equity component as part of “Mandatory Convertible Bonds”. Pada 30 Juni 2013 dan 31 Desember 2012, pemegang OWK adalah PT Dian Swastatika Sentosa, pihak berelasi, Oakwell Worldwide Inc dan Glanville International Limited, pihak ketiga. As of June 30, 2013 and December 31, 2012, the bondholders are PT Dian Swastatika Sentosa, a related party, Oakwell Worldwide Inc and Glanville International Limited, third parties. 29. Pendapatan Usaha 29. Operating Revenues 30 Juni 2013 30 Juni 2012 June 30, 2013 June 30, 2012 Jasa telekomunikasi Telecommunication services Data 864.397.168.945 484.309.946.587 Data Percakapan 131.245.066.902 102.335.838.777 Voice Pesan singkat SMS 69.146.576.017 30.775.906.696 Short message service SMS Abonemen 11.844.873.125 8.604.558.326 Monthly service charges Lain-lain 9.845.184.358 15.055.314.295 Others Subjumlah 1.086.478.869.347 641.081.564.681 Subtotal Jasa interkoneksi Interconnection services Domestik 39.149.484.057 23.059.658.550 Domestic Jelajah Internasional 5.499.813.716 6.109.048.898 International Roaming Subjumlah 44.649.297.773 29.168.707.448 Subtotal Pendapatan Usaha 1.131.128.167.120 670.250.272.129 Operating Revenues PT SMARTFREN TELECOM Tbk DAN ENTITAS ANAK Catatan atas Laporan Keuangan Konsolidasian 30 Juni 2013 Tidak Diaudit dan 31 Desember 2012 Diaudit serta untuk Periode Enam Bulan yang Berakhir 30 Juni 2013 dan 2012 Tidak Diaudit Angka-angka Disajikan dalam Rupiah, kecuali Dinyatakan Lain PT SMARTFREN TELECOM Tbk AND ITS SUBSIDIARIES Notes to Consolidated Financial Statements June 30, 2013 Unaudited and December 31, 2012 Audited and For the Six-Month Periods Ended June 30, 2013 and 2012 Unaudited Figures are Presented in Rupiah, unless Otherwise Stated - 101 -

30. Beban Operasi, Pemeliharaan dan Jasa Telekomunikasi

30. Operations, Maintenance

and Telecommunication Services 30 Juni 2013 30 Juni 2012 June 30, 2013 June 30, 2012 Sewa ruang untuk stasiun Rental of spaces for base station pengendali dan infrastruktur and telecommunication telekomunikasi 342.545.434.910 319.097.835.113 infrastructure Beban penggunaan frekuensi Frequency usage charges Catatan 44a 209.128.120.496 191.503.270.012 Note 44a Beban interkoneksi dan beban Interconection charges and langsung lainnya 176.088.582.308 82.874.513.830 others direct cost Listrik dan generator 84.953.854.336 48.128.877.343 Electricity and generator Perbaikan dan pemeliharaan 8.954.843.828 5.006.576.472 Repairs and maintenance Lai n-lain 9.149.234.141 3.013.070.894 Others Jumlah 830.820.070.019 649.624.143.664 Total 31. Beban Penyusutan dan Amortisasi 31. Depreciation and Amortization Expenses 30 Juni 2013 30 Juni 2012 June 30, 2013 June 30, 2012 Penyusutan aset tetap Depreciation of property Catatan 11 575.780.531.657 411.771.987.398 and equipment Note 11 Amortisasi aset tak berwujud Amortization of intangible assets Catatan 12 91.604.977.926 114.399.527.015 Note 12 Jumlah 667.385.509.583 526.171.514.413 Total 32. Beban Penjualan dan Pemasaran 32. Sales and Marketing Expenses 30 Juni 2013 30 Juni 2012 June 30, 2013 June 30, 2012 Iklan dan promosi 128.227.488.208 110.151.775.687 Advertising and promotion Kartu dan biaya voucher 57.189.410.322 47.589.068.825 Card and voucher costs Lai n-lain masing-masing Others di bawah Rp 1 miliar 11.349.328.359 5.542.819.602 each below Rp 1 billion Jumlah 196.766.226.889 163.283.664.114 Total 33. Beban Karyawan 33. Personnel Expenses 30 Juni 2013 30 Juni 2012 June 30, 2013 June 30, 2012 Gaji dan tunjangan karyawan 113.187.766.654 88.054.537.353 Salaries and allowance Tenaga alih daya 58.064.914.002 35.859.642.244 Outsourcing of employees Imbalan kerja Catatan 36 12.958.732.000 12.147.052.498 Post-employment benefits Note 36 Lain-lain 1.681.097.893 1.673.320.459 Others Jumlah 185.892.510.549 137.734.552.554 Total