HUTANG BANK BANK LOANS

PT. BHAKTI INVESTAMA Tbk DAN ANAK PERUSAHAAN PT. BHAKTI INVESTAMA Tbk AND ITS SUBSIDIARIES CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASI NOTES TO CONSOLIDATED FINANCIAL STATEMENTS 31 DESEMBER 2007 DAN 2006 SERTA UNTUK TAHUN- DECEMBER 31, 2007 AND 2006 AND TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT FOR THE YEARS THEN ENDED Angka dalam tabel dinyatakan dalam jutaan Rupiah - Lanjutan Figures in tables are stated in millions of Rupiah - Continued - 58 - Manajemen berpendapat bahwa Perusahaan dan anak perusahaan telah melakukan pembayaran pokok dan bunga pinjaman sesuai dengan jadwal pembayaran dan memenuhi pembatasan- pembatasan yang ditentukan delam perjanjian pinjaman. Management believes that Company and its subsidiaries had paid the principal loans and interest expense in accordance with the schedule of payments and have fulfilled the restrictions as stipulated in the loan agreement. 22. WESEL BAYAR 22. NOTES PAYABLE 2007 2006 DB Trustees Hong Kong Limited Secured DB Trustees Hong Kong Limited Secured Floating Rate Notes, jumlah nominal Floating Rate Notes, principal amount US 50 juta - 451.000 of US 50 million Biaya pinjaman belum Unamortized interest diamortisasi US 2,58 juta - 23.304 amounting to US 2.58 million Subjumlah - 427.696 Subtotal Formosa Group Ltd. 30.117 - Formosa Group Ltd. Warburg Finance Limited - 37.000 Warburg Finance Limited Jumlah 30.117 464.696 Total Secured Floating Rate Notes, US 50 juta Secured Floating Rate Notes, US 50 million Pada tanggal 4 Desember 2006, Perusahaan memperoleh wesel bayar dari DB Trustees Hong Kong Limited. Wesel bayar ini diterbitkan dengan nomor seri dengan denominasi sebesar US 1 juta, jatuh tempo pada 4 Desember 2007. Wesel bayar diterbitkan pada 95 dari nilai pokok dengan bunga mengambang triwulanan LIBOR ditambah dengan margin 3 dan terhutang triwulan sejak 5 Maret 2007 hingga 5 Desember 2007. On December 4, 2006, the Company obtained promissory notes Notes facility from DB Trustees Hong Kong Limited. These notes are issued in serial numbers with denomination of US 1 million, due on December 4, 2007. The notes were issued at 95 of the principal amount with floating interest rate based on quarterly LIBOR plus 3 margin which will be paid quarterly starting March 5, 2007 up to December 5, 2007. Wesel bayar ini dijamin dengan 248.081.500 saham Mediacom yang dimiliki oleh Perusahaan, serta seluruh pembagian non cash dividend atas saham-saham diatas. The notes are secured by 248,081,500 Mediacom’s shares owned by the Company and all distributions of non-cash dividends in respect of the above shares. Perusahaan diwajibkan memenuhi persyaratan umum dan keuangan tertentu sesuai dengan perjanjian. Wesel bayar dilunasi oleh Perusahaan pada tahun 2007. The Company was required to fulfill certain general and financial covenants in accordance with the agreement. The notes were fully paid by the Company in 2007. Formosa Group Ltd. Formosa Group Ltd. Pada tanggal 30 Oktober 2007, IAT menerbitkan wesel bayar kepada Formosa Group Ltd. sebesar USD 1.605.000 dan Rp 15.000.000 ribu masing- masing jangka waktu 6 bulan dan 3 bulan, dengan tingkat bunga 10,5 per tahun. On October 30, 2007, IAT issued promisorry notes to Formosa Group Ltd. with nominal amounts of USD 1,605,000 and Rp 15,000,000 thousand with a term of 6 months and 3 months, respectively, and interest rate of 10.5 per annum. Warburg Finance Limited Warburg Finance Limited Pada tahun 2006, Mediacom memperoleh fasilitas wesel bayar tanpa tingkat bunga dari Warburg Finance Limited terdiri dari: Rp 35 miliar jatuh tempo 19 Maret 2007 dan Rp 45 miliar jatuh tempo 14 Mei 2007. Pada tahun 2006, Mediacom telah membayar wesel bayar sebesar Rp 43 miliar. Pada tahun 2007, Mediacom telah membayar seluruh wesel bayar tersebut. In 2006, Mediacom obtained non interest bearing promissory notes facility from Warburg Finance Limited, consisting of Rp 35 billion, due on March 19, 2007, and Rp 45 billion, due on May 14, 2007. In 2006, Mediacom paid the notes payable amounting to Rp 43 billion. In 2007, Mediacom had fully paid all the notes payable. PT. BHAKTI INVESTAMA Tbk DAN ANAK PERUSAHAAN PT. BHAKTI INVESTAMA Tbk AND ITS SUBSIDIARIES CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASI NOTES TO CONSOLIDATED FINANCIAL STATEMENTS 31 DESEMBER 2007 DAN 2006 SERTA UNTUK TAHUN- DECEMBER 31, 2007 AND 2006 AND TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT FOR THE YEARS THEN ENDED Angka dalam tabel dinyatakan dalam jutaan Rupiah - Lanjutan Figures in tables are stated in millions of Rupiah - Continued - 59 - 23. HUTANG USAHA

23. TRADE ACCOUNTS PAYABLE

2007 2006 a. Berdasarkan segmen usaha a. By Business segment Media berbasis konten dan iklan Content and advertisement media Program lokal 308.599 224.685 Local programs Program asing 45.612 26.492 Foreign programs Non program 102.515 30.403 Non program Media berbasis pelanggan 114.550 - Subscriber based media Komponen elektronik 53.283 22.448 Electronic components Telekomunikasi Telecommunications Interkoneksi 27.577 11.601 Interconnection Kartu perdana dan voucher Prepaid cards and pulsa isi ulang - 6.843 reload vouchers Konstruksi menara dan Construction of tower and perlengkapan telekomunikasi 42.483 5.463 telecommunication infrastructure Content 3.147 2.426 Content Sewa sarana penunjang Rental of transportation telekomunikasi - 646 communication Transportasi 26.933 5.593 Transportation Lainnya masing-masing dibawah 5 - 27.393 Others each below 5 of total Jumlah 724.699 363.993 Total b. Berdasarkan mata uang b. By currency Rupiah 545.041 314.585 Rupiah US Dollar 165.824 43.911 US Dollar Euro 13.263 4.897 Euro Lainnya 571 600 Others Jumlah 724.699 363.993 Total 24. HUTANG NASABAH 24. PAYABLE TO CUSTOMERS Akun ini termasuk kewajiban kepada pihak ketiga yang timbul dari transaksi perdagangan efek yang dilakukan untuk pengelolaan dana nasabah, deposito nasabah dan transaksi pembiayaan lainnya. This account includes liabilities to third parties arising from securities transactions involving managing customers’ funds, other customers’ deposits, and other financing transactions. 25. HUTANG LAIN-LAIN 25. OTHER ACCOUNTS PAYABLE 2007 2006 Biaya operasional 26.202 45.891 Operational expense Pembelian aktiva tetap 3.013 4.695 Purchase of property and equipment Hutang dividen anak perusahaan 251 81.295 Dividends payable of a subsidiary Hutang investasi Catatan 3 dan 6 - 556.572 Investments payable Notes 3 and 6 Lainnya masing-masing dibawah 5 28.619 39.582 Others each below 5 of total Jumlah 58.085 728.035 Total PT. BHAKTI INVESTAMA Tbk DAN ANAK PERUSAHAAN PT. BHAKTI INVESTAMA Tbk AND ITS SUBSIDIARIES CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASI NOTES TO CONSOLIDATED FINANCIAL STATEMENTS 31 DESEMBER 2007 DAN 2006 SERTA UNTUK TAHUN- DECEMBER 31, 2007 AND 2006 AND TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT FOR THE YEARS THEN ENDED Angka dalam tabel dinyatakan dalam jutaan Rupiah - Lanjutan Figures in tables are stated in millions of Rupiah - Continued - 60 - 26. PENDAPATAN BELUM DIAKUI

26. UNEARNED REVENUES

2007 2006 Telekomunikasi dan teknologi Telecommunications and information informasi 106.108 29.604 technology Media berbasis konten dan iklan 30.467 24.093 Content and advertising based media Media berbasis pelanggan 15.158 - Subscribers based media Properti - 2.527 Property Jumlah 151.733 56.224 Total 27. HUTANG PAJAK 27. TAXES PAYABLE 2007 2006 Perusahaan The Company Pajak penghasilan Income taxes Pasal 21 579 317 Article 21 Pasal 23 1.811 45 Article 23 Pasal 26 2.701 2.687 Article 26 Anak perusahaan The subsidiaries Pajak penghasilan pasal 29 Income tax article 29 Tahun 2007 24.086 - Year 2007 Tahun 2006 3.418 18.207 Year 2006 Pajak penghasilan Income tax Pasal 4 2 227 - Article 4 2 Pasal 21 24.003 23.268 Article 21 Pasal 23 26.477 15.069 Article 23 Pasal 25 14.698 14.142 Article 25 Pasal 26 17.001 15.009 Article 26 Pasal 29 24.640 - Article 29 Pajak transaksi penjualan saham 766 1.055 Tax on trading of equity securities Pajak pertambahan nilai - bersih 72.242 56.587 Value added tax - net Lainnya 3.702 645 Others Jumlah 216.351 147.031 Total 28. BIAYA MASIH HARUS DIBAYAR 28. ACCRUED EXPENSES 2007 2006 Bunga 125.979 94.680 Interest Biaya operasional 116.423 69.384 Operational expenses Biaya bagi hasil 23.348 56.966 Profit sharing Sewa 12.133 15.982 Rent Biaya perbaikan dan pemeliharaan 8.746 17.823 Repairs and maintenance Lain-lain 57.899 58.451 Others Jumlah 344.528 313.286 Total PT. BHAKTI INVESTAMA Tbk DAN ANAK PERUSAHAAN PT. BHAKTI INVESTAMA Tbk AND ITS SUBSIDIARIES CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASI NOTES TO CONSOLIDATED FINANCIAL STATEMENTS 31 DESEMBER 2007 DAN 2006 SERTA UNTUK TAHUN- DECEMBER 31, 2007 AND 2006 AND TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT FOR THE YEARS THEN ENDED Angka dalam tabel dinyatakan dalam jutaan Rupiah - Lanjutan Figures in tables are stated in millions of Rupiah - Continued - 61 - 29. PINJAMAN JANGKA PANJANG

29. LONG-TERM LOANS

2007 2006 Lehman Brothers Commercial Lehman Brothers Commercial Corporation Asia Limited 706.425 - Corporation Asia Limited Bank Central Asia 204.630 58.938 Bank Central Asia Bank Muamalat Indonesia 141.067 10.605 Bank Muamalat Indonesia Bank Syariah Muamalat Indonesia 104.012 18.569 Bank Syariah Muamalat Indonesia Bank Umum Koperasi Indonesia 10.000 - Bank Umum Koperasi Indonesia Bank Syariah Mandiri 9.214 31.752 Bank Syariah Mandiri Bank NISP 63 160 Bank NISP Lehman Commercial Papers Inc. - Lehman Commercial Papers Inc. - setelah dikurangi biaya pinjaman net of unamortized debt belum diamortisasi sebesar issue cost of US 2.138.889 - 611.776 US 2,138,889 Samsung Corporation - 525.737 Samsung Corporation Pinjaman direstrukturisasi - 107.208 Restructured loans Bank Permata - 25.000 Bank Permata Medium term notes III - 20.000 Medium term notes III Charlton Group Holdings Ltd. - 14.741 Charlton Group Holdings Ltd. Bank Mandiri - 13.936 Bank Mandiri Lainnya 3.667 23.578 Others Jumlah 1.179.078 1.462.000 Total Bagian jatuh tempo dalam satu tahun 177.238 428.665 Current portion Bagian jangka panjang 1.001.840 1.033.335 Long-term portion Lehman Brothers Commercial Corporation Asia Limited Lehman Brothers Commercial Corporation Asia Limited Berdasarkan Secured Facility Agreement tanggal 18 Desember 2007, MNCSV memperoleh fasilitas pinjaman berjangka dari Lehman Brothers Commercial Corporation Asia Limited kreditur sebesar US 75.000.000 dengan jangka waktu 44 bulan, terhitung sejak tanggal pinjaman diberikan. Tingkat bunga pinjaman per tahun sebesar 2 + LIBOR, yang dibayar setiap tiga bulan. Pinjaman ini akan dipergunakan untuk ekspansi usaha Pay TV di Indonesia danatau untuk membayar biaya yang timbul sehubungan pinjaman ini. Based on Secured Facility Agreement dated December 18, 2007, MNCSV obtained long-term loan facility from Lehman Brothers Commercial Corporation Asia Limited the Lender amounting to US 75,000,000. The facility will mature in 44 months since the first utilization date and bears interest rate of 2 + LIBOR, which is payable quarterly. MNCSV shall apply all amounts borrowed towards the expansion of the Pay TV Business in Indonesia andor the payment of any related facility fees.