Net Investments in Finance Lease

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 - PT SINAR MAS MULTIARTHA Tbk AND ITS SUBSIDIARIES Notes to Consolidated Financial Statements December 31, 2011 and 2010 and For the Years then Ended - 73 - 2011 2010 Rp 000,000 Rp 000,000 Investment Third parties Bonds - Held to Maturity Rupiah MTN Syariah Ijarah Intraco Penta 2011 8,242 - Government bond IFR001 2008 7,625 7,506 Sukuk Ijarah I Summarecon 2008 5,126 5,173 Sukuk Ijarah Indosat III 2008 4,795 4,661 Sukuk Ijarah Matahari Putra Prima IIA 2009 2,019 2,081 Syariah Ijarah Perusahaan Listrik Negara I 2006 1,042 1,073 Sukuk Ijarah Matahari Putra Prima IIB 2009 1,023 1,097 Total 29,872 21,591 Unit of mutual fund - at Fair value through profit and loss Rupiah Schroder Syariah Balance Fund 24,628 17,100 Fortis Pesona Amanah 12,610 8,837 I-Hajj Syariah Fund 5,082 7,390 PNM Amanah Syariah Fixed Income 4,853 7,086 Total 47,173 40,413 Total - Investments 92,176 65,004 Cash in banks Rupiah PT Bank Internasional Indonesia Tbk - Sharia Division 9,414 690 PT Bank CIMB Niaga Tbk - Sharia Division 4,088 3,256 PT Bank Syariah Mandiri 3,225 209 PT Bank Muamalat Indonesia Tbk 1,677 435 PT Bank OCBC NISP Tbk - Sharia Division 1,504 - PT Bank Permata Tbk - Sharia Division 1,438 3 PT Bank BRI Syariah 3 3 PT Bank Tabungan Negara Persero Tbk - Sharia Division 1 2 PT Bank Mega Syariah Indonesia 1 1 Total - Rupiah 21,351 4,599 Premiums receivable 2,145 1,195 Reinsurance receivables 20 15 Investment receivables 690 504 Equipment - net 339 21 Total 116,721 71,338