CASH AND CASH EQUIVALENTS

PT XL AXIATA Tbk AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS 31 DECEMBER 2007, 2008 AND 2009; AND 31 MARCH 2009 AND 2010 Expressed in millions of Rupiah, unless otherwise stated Page 26

7. OTHER ASSETS

31122007 31122008 31122009 31032009 3103 2010 Prepaid rental - non-current 666,379 823,066 764,717 844,076 734,122 Other prepaid expenses - non-current 4,106 122,161 201,349 183,888 201,107 Downpayment to suppliers 167,877 135,595 10,551 77,291 103,548 Restricted bank deposits and cash in bank 856 17,386 15,305 18,484 14,869 Deferred charges 12,341 8,560 51,392 30,877 13,027 Others 10,742 12,993 12,234 13,011 11,965 862,301 1,119,761 1,055,548 1,167,627 1,078,638 Net investment in finance lease: Lease receivable - - 732,728 869,910 677,722 Unearned finance lease income - - 357,441 378,973 345,118 - - 375,287 490,937 332,604 Intangible assets - 3G licence: Acquisition cost 376,000 376,000 376,000 376,000 376,000 Accumulated amortisation 52,772 92,351 131,930 102,246 141,825 323,228 283,649 244,070 273,754 234,175 1,185,529 1,403,410 1,674,905 1,932,318 1,645,417 Deduct: Restricted bank deposits and cash in bank - current 230 16,705 15,305 17,785 14,869 Net investment in finance lease - current - - 15,444 87,767 36,036 Other assets - current 230 16,705 30,749 105,552 50,905 Other assets - non-current 1,185,299 1,386,705 1,644,156 1,826,766 1,594,512 Net investment in finance lease are receivables related to the lease of fiber optics cables to PT Hutchison CP Telecommunications HCPT and PT Mora Telematika Indonesia Moratel refer to Note 31l. The transactions resulted in gain of Rp 448,475 and Rp 465,047 for three-month period ended 31 March 2009 and the year ended 2009. Details of the net investment in finance lease according to the maturity schedule are as follows: 31122007 31122008 31122009 31032009 31032010 Not later than 1 year - - 64,737 136,886 84,698 Between 1 year and 5 years - - 253,762 273,772 249,870 More than 5 years - - 414,229 459,252 343,154 - - 732,728 869,910 677,722 Unearned finance lease income - - 357,441 378,973 345,118 Net investment in finance lease - - 375,287 490,937 332,604 As at 31 March 2010, management believes that there was no indication of impairment for intangible assets. Refer to Note 26 for related party information. As restated, refer to Note 3 PT XL AXIATA Tbk AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS 31 DECEMBER 2007, 2008 AND 2009; AND 31 MARCH 2009 AND 2010 Expressed in millions of Rupiah, unless otherwise stated Page 27

8. FIXED ASSETS

31122007 01012007 Additions Disposals Transfers 31122007 Cost Land 117,026 14,404 - 80 131,510 Buildings 48,298 3,475 - 1,472 53,245 Network equipment 14,410,483 4,440,405 180,209 736,899 19,407,578 Leasehold improvements 108,619 488 1,403 178 107,526 Machinery and equipment 254,321 70,594 7,698 22,448 339,665 Furniture and fixtures 22,793 7,974 458 2,994 33,303 Support systems 123,576 52,444 - 22,733 198,753 Motor vehicles 37,869 3,338 388 61 40,880 15,122,985 4,593,122 190,156 786,509 20,312,460 Assets under construction 1,406,477 2,494,559 10,043 786,509 3,104,484 16,529,462 7,087,681 200,199 - 23,416,944 Accumulated depreciation Buildings 13,587 4,939 - 746 19,272 Network equipment 5,667,874 1,602,462 156,585 - 7,113,751 Leasehold improvements 78,790 12,687 1,205 710 89,562 Machinery and equipment 173,706 47,930 7,556 123 213,957 Furniture and fixtures 11,915 5,898 407 77 17,483 Support systems 91,015 27,311 - 10 118,336 Motor vehicles 30,565 4,183 388 - 34,360 6,067,452 1,705,410 166,141 - 7,606,721 Net book value 10,462,010 15,810,223 31122008 01012008 Additions Disposals Transfers 31122008 Cost Land 131,510 6,937 - - 138,447 Buildings 53,245 4,727 169 37,851 95,654 Network equipment 19,407,578 9,001,586 374,477 1,850,718 29,885,405 Leasehold improvements 107,526 5,142 9,138 4,488 108,018 Machinery and equipment 339,665 111,553 1,058 78,384 528,544 Furniture and fixtures 33,303 12,019 1,687 18,736 62,371 Support systems 198,753 88,912 25 45,442 333,082 Motor vehicles 40,880 68 12,942 3,320 31,326 20,312,460 9,230,944 399,496 2,038,939 31,182,847 Assets under construction 3,104,484 1,613,999 20,042 2,038,939 2,659,502 23,416,944 10,844,943 419,538 - 33,842,3 49 Accumulated depreciation Buildings 19,272 10,155 169 4,750 34,008 Network equipment 7,113,751 3,163,756 255,165 8,584 10,013,758 Leasehold improvements 89,562 11,493 8,734 4,750 87,571 Machinery and equipment 213,957 82,197 1,045 8,584 303,693 Furniture and fixtures 17,483 11,944 1,505 - 27,922 Support systems 118,336 52,052 10 - 170,378 Motor vehicles 34,360 3,690 12,798 - 25,252 7,606,721 3,335,287 279,426 - 10,662,582 Net book value 15,810,223 23,179,767