KAS DAN BANK Financial Statements PT SMRU Tbk – 31 December 2013

PT SMR UTAMA Tbk DAN ENTITAS ANAK CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN Untuk Tahun Yang Berakhir Pada Tanggal-tanggal 31 Desember 2013 Dan 2012 Disajikan dalam Rupiah, kecuali dinyatakan lain PT SMR UTAMA Tbk AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS For The Years Ended December 31, 2013 And 2012 Expressed in Rupiah, unless otherwise stated 33

7. PERSEDIAAN - BERSIH lanjutan

7. INVENTORIES - NET continued

Mutasi penyisihan penurunan nilai adalah sebagai berikut: The movements of allowance for impairment are as follows: 2013 2012 Saldo awal 1.670.767.630 448.474.363 Beginning balance Penyisihan dalam tahun berjalan Provision for the year lihat Catatan 23 - 1.222.293.267 see Note 23 Pemulihan dalam tahun berjalan Reversal during the year lihat Catatan 23 391.286.027 - see Note 23 Saldo Akhir 1.279.481.603 1.670.767.630 Ending Balance Berdasarkan hasil penelaahan terhadap keadaan persediaan pada akhir tahun, manajemen berkeyakinan bahwa jumlah penyisihan untuk penurunan nilai persediaan tersebut cukup memadai untuk menutup kemungkinan kerugian yang timbul atas persediaan. Based on the review of the condition of the inventories at end of the year, management believes that the allowance for decline in value of inventories is adequate to cover possible losses which might arise on inventories. Pada tanggal 31 Desember 2013 dan 2012, tidak terdapat persediaan yang dijaminkan atas hutang. Pada tanggal 31 Desember 2013 dan 2012, persediaan tidak diasuransikan karena manajemen Kelompok Usaha berpendapat bahwa tidak terdapat risiko kerugian atas persediaan. As of December 31, 2013 and 2012, no inventories are used as collateral for any obligations. As of December 31, 2013 and 2012, inventories are not covered by insurance as the Group’s management believes that there are no possible risks of losses on inventories.

8. UANG MUKA

Rincian uang muka adalah sebagai berikut: 8. ADVANCES The details of advances are as follows: 2013 2012 Pihak berelasi lihat Catatan 28 Related parties see Note 28 Pembelian mangan 87.212.500.000 98.000.000.000 Purchase of manganese Pihak ketiga Third parties Perolehan aset tetap 88.511.014 1.318.878.014 Acquisition of property and equipment Lain-lain masing-masing di bawah Rp 200 juta 272.994.900 376.835.300 Others each below Rp 200 million Sub-jumlah 87.574.005.914 99.695.713.314 Sub-total Dikurangi bagian lancar 87.297.987.700 99.483.310.100 Less current portion Uang muka jangka panjang 276.018.214 212.403.214 Long-term advances

9. BIAYA DIBAYAR DI MUKA

Rincian biaya dibayar di muka adalah sebagai berikut: 9. PREPAID EXPENSES The details of prepaid expenses are as follows: 2013 2012 Asuransi 356.848.014 666.609.662 Insurance Sewa 190.810.184 277.013.885 Rent Jumlah 547.658.198 943.623.547 Total PT SMR UTAMA Tbk DAN ENTITAS ANAK CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN Untuk Tahun Yang Berakhir Pada Tanggal-tanggal 31 Desember 2013 Dan 2012 Disajikan dalam Rupiah, kecuali dinyatakan lain PT SMR UTAMA Tbk AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS For The Years Ended December 31, 2013 And 2012 Expressed in Rupiah, unless otherwise stated 34

10. ASET TETAP

Rincian dan mutasi aset tetap adalah sebagai berikut:

10. PROPERTY AND EQUIPMENT

The details and movements of property and equiment are as follows: 2013 Saldo Awal Penambahan Pengurangan Reklasifikasi Saldo Akhir Beginning Balance Additions Deductions Reclassifications Ending Balance Biaya Perolehan Acquisition Cost Pemilikan Langsung Direct Ownership Bangunan 4.438.024.080 - - 620.641.700 5.058.665.780 Buildings Prasarana 65.267.681.999 - - 8.536.012.249 73.803.694.248 Infrastructure Vehicles and heavy Kendaraan dan alat berat 19.777.158.316 43.600.000 5.135.321.558 22.178.510.292 36.863.947.050 equipment Peralatan dan inventaris Office equipment and kantor 5.087.190.173 140.769.260 4.550.000 2.103.653.755 7.327.063.188 fixture Aset dalam Construction in penyelesaian 10.772.742.859 1.078.126.430 590.561.585 11.260.307.704 - progress Sub-jumlah 105.342.797.427 1.262.495.690 5.730.433.143 22.178.510.292 123.053.370.266 Sub-total Assets Under Finance Aset Sewa Pembiayaan Lease Vehicles and heavy Kendaraan dan alat berat 48.741.940.282 - - 22.178.510.292 26.563.429.990 equipment Jumlah Biaya Perolehan 154.084.737.709 1.262.495.690 5.730.433.143 - 149.616.800.256 Total Acquisition Cost Akumulasi Accumulated Penyusutan Depreciation Pemilikan Langsung Direct Ownership Bangunan 471.782.898 233.161.932 - - 704.944.830 Buildings Prasarana 49.722.593.499 12.033.887.829 - - 61.756.481.328 Infrastructure Vehicles and heavy Kendaraan dan alat berat 3.676.410.028 3.859.591.451 1.798.545.112 8.131.830.129 13.869.286.496 equipment Peralatan dan inventaris Office equipment and kantor 1.914.232.098 1.326.382.158 1.428.125 - 3.239.186.131 fixture Sub-jumlah 55.785.018.523 17.453.023.370 1.799.973.237 8.131.830.129 79.569.898.785 Sub-total Assets Under Finance Aset Sewa Pembiayaan Lease Vehicles and heavy Kendaraan dan alat berat 11.836.775.848 4.615.337.867 - 8.131.830.129 8.320.283.586 equipment Jumlah Akumulasi Total Accumulated Penyusutan 67.621.794.371 22.068.361.237 1.799.973.237 - 87.890.182.371 Depreciation Nilai Buku 86.462.943.338 61.726.617.885 Net Book Value 2012 Saldo Awal Penambahan Pengurangan Reklasifikasi Saldo Akhir Beginning Balance Additions Deductions Reclassifications Ending Balance Biaya Perolehan Acquisition Cost Pemilikan Langsung Direct Ownership Bangunan 4.438.024.080 - - - 4.438.024.080 Buildings Prasarana 65.267.681.999 - - - 65.267.681.999 Infrastructure Vehicles and heavy Kendaraan dan alat berat 20.474.022.316 326.636.000 1.323.500.000 300.000.000 19.777.158.316 equipment Peralatan dan inventaris Office equipment and kantor 3.842.196.032 1.244.994.141 - - 5.087.190.173 fixture Aset dalam Construction in penyelesaian 63.368.500 10.709.374.359 - - 10.772.742.859 progress Sub-jumlah 94.085.292.927 12.281.004.500 1.323.500.000 300.000.000 105.342.797.427 Sub-total Assets Under Finance Aset Sewa Pembiayaan Lease Vehicles and heavy Kendaraan dan alat berat 49.041.940.282 - - 300.000.000 48.741.940.282 equipment Jumlah Biaya Perolehan 143.127.233.209 12.281.004.500 1.323.500.000 - 154.084.737.709 Total Acquisition Cost