ESTIMATED LIABILITIES FOR EMPLOYEE BENEFITS

The original consolidated financial statements included herein are presented in Indonesian language. - 68 - PT DWI ANEKA JAYA KEMASINDO Tbk DAN ENTITAS ANAK CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASI 31 DESEMBER 2016 DAN 31 DESEMBER 2015 Disajikan dalam ribuan Rupiah, kecuali dinyatakan lain PT DWI ANEKA JAYA KEMASINDO Tbk AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS DECEMBER 31, 2016 AND 2015 Expressed in thousands of Rupiah, unless otherwise stated

25. BEBAN POKOK PENJUALAN Lanjutan

25. COST OF GOODS SOLD Continued

31 Desember 31 Desember December 2016 December 2015 T enaga kerja langsung 19.364.560 35.473.421 Direct labor Beban pabrikasi 45.107.272 70.567.983 Factory overhead Barang dalam proses 2.505.063 401.608 Work in procces Penyesuaian persediaan barang dalam Work in process adjustm ents burning proses yang t erbakar lihat Cat at an 8 10.871.943 see Note 30 Beban pokok produksi 313.581.931 716.907.251 Cost of production Persediaan barang jadi: Finished goods: Saldo Awal 1.468.820 30.406.482 Beginning balance Pembelian bersih 1.220.134 606.924 Purchases – net Saldo akhir 5.273.854 1.468.820 Ending balance Penyesuaian persediaan barang jadi Finished goodsinventories adjustm ents yang t erbakar lihat cat at an 8 37.260.667 burning see Notes 8 Beban pokok penjualan 310.997.031 709.191.170 Cost of goods sold Pembelian yang melebihi 10 dari jumlah pembelian adalah sebagai berikut: The purchases which represent more than 10 from the total purchases are as follows: 31 Desember 31 Desember December 2016 December 2015 PT Cakrawala Megah Indah - 64.320.796 PT Cakrawala Megah Indah PT Fajar Surya Wisesa - 30.494.004 PT Fajar Surya Wisesa PT Global Papyrus 10.262.890 - PT Global Papyrus PT Mega Surya Erat ama 10.097.778 - PT Union Paper Indonesia Jumlah 20.360.668 94.814.800 Total

26. PENDAPATAN LAIN-LAIN

26. OTHER INCOME

Rincian pendapatan lain-lain terdiri dari: Details of other income consist of: 31 Desember 31 Desember December 2016 December 2015 Laba penjualan aset t et ap Gain on sale of fixed assets lihat cat at an 12 111.052 1.224.447 see Note 12 Pendapat an bunga deposit o - 5.521.337 Interest incom e from deposits Pendapat an jasa giro 249.765 1.714.710 Interest incom e from bank Lain-lain 19.647.776 2.326.170 Others Jumlah 20.008.593 10.786.664 Total The original consolidated financial statements included herein are presented in Indonesian language. - 69 - PT DWI ANEKA JAYA KEMASINDO Tbk DAN ENTITAS ANAK CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASI 31 DESEMBER 2016 DAN 31 DESEMBER 2015 Disajikan dalam ribuan Rupiah, kecuali dinyatakan lain PT DWI ANEKA JAYA KEMASINDO Tbk AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS DECEMBER 31, 2016 AND 2015 Expressed in thousands of Rupiah, unless otherwise stated

27. BEBAN OPERASI

27. OPERATING EXPENSES

Rincian beban penjualan terdiri dari: Details of selling expenses are as follows: 31 Desember 31 Desember December 2016 December 2015 Gaji dan t unjangan 25.629.964 34.818.716 Salaries and allowance T raining 91.070 - Training Asuransi 4.142.804 187.304 Insurance Penyusut an lihat cat at an 12 1.710.447 1.610.616 Depreciation see note 12 Soft ware 40.000 - Software Beban penyisihan piut ang 1.207.656 - Bad debt expence Jamuan dan represent asi 997.854 3.183.477 Entertainm ent and representation Perbaikan dan pemeliharaan 909.492 1.757.035 Repairs and m aintenance Keperluan kant or 719.558 3.076.024 Office supplies T ransport asi dan perjalanan dinas 758.655 2.111.137 Transportation and travelling Jasa profesional 472.182 13.002.108 Professional fee List rik, air dan t elepon 452.463 458.220 Electricity, water and telephone Perangko dan mat erai 58.762 195.299 Stam ps and stam p duty Imbalan kerja lihat cat at an 18 1.568.288 1.624.700 Em ployee benefits see note 18 Jasa penyedia t enaga kerja 13.736 650.069 Service em ployee provider Perijinan 244.183 Perm its Ekspedisi 2.767.396 17.207.944 Expedition Komisi 2.718.136 5.616.931 Com m ission Eksport 530.140 Export Iuran dan sumbangan 566 932.861 Contribution and donation Pajak dan ret ribusi 341.621 Tax and retribution Lain-lain 22.732.041 50.566 Others Jumlah 67.521.210 87.068.811 Total

28. BEBAN KEUANGAN

28. FINANCE CHARGES

Akun ini merupakan beban keuangan yang berasal dari: This account represents finance charges resulting from: 31 Desember 31 Desember Decem ber 2016 Decem ber 2015 Ut ang bank 59.020.434 98.001.656 Bank loans Biaya provisi 6.540.300 18.553.230 Provision expense Ut ang sewa pembiayaan Obligation under finance lease dan lembaga keuangan 2.574.821 3.835.911 and financial institution loans Jumlah 68.135.555 120.390.797 Total