LIABILITAS SEWA PEMBIAYAAN FINANCE LEASE LIABILITIES

AND ITS SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS FOR THE PERIOD ENDED MARCH 31, 2016 AND 2015 Expressed in thousands of Rupiah, unless otherwise stated Continued - 96 - 31 Maret 31 Desember March 31, December 31, 2016 2015 Unaudited Audited Bangunan Buildings Dana Pensiun Semen Gresik 17.104.947 18.651.767 Dana Pensiun Semen Gresik PT PBM Biringkasi Raya 10.983.863 11.089.899 PT PBM Biringkasi Raya Kendaraan Motor vehicles Hino Finance Indonesia 39.593.030 42.670.970 Hino Finance Indonesia PT Indomobil Finance 13.850.323 14.758.031 PT Indomobil Finance PT Orix Indonesia Finance 13.833.311 14.739.904 PT Orix Indonesia Finance PT Bara Bentala Indonesia 5.795.200 6.255.838 PT Bara Bentala Indonesia Koperasi Karyawan Semen Tonasa 3.697.264 4.022.529 Koperasi Karyawan Semen Tonasa PT Serasi Auto Raya 1.995.227 2.156.810 PT Serasi Auto Raya PT Intercom Mobilindo 1.601.235 1.978.256 PT Intercom Mobilindo Yayasan Kesejahteraan Yayasan Kesejahteraan Semen Tonasa 673.595 906.148 Semen Tonasa PT Toyota Financial Service 97.196 - PT Toyota Financial Service PT Adi Sarana Armada Tbk 39.723 50.085 PT Adi Sarana Armada Tbk PT. Mandiri Finance - 108.724 PT. Mandiri Finance Kapal Vessels PT Indobaruna Bulk Transport 61.652.707 66.885.483 PT Indobaruna Bulk Transport PT Swadaya Lestari Lines 15.179.407 16.365.987 PT Swadaya Lestari Lines Peralatan kantor Office equipment PT Projectindo Teknowindata 2.616.368 3.087.915 PT Projectindo Teknowindata Alat berat Heavy equipment PT Astra Sedayu Finance 18.179.885 18.179.885 PT Astra Sedayu Finance PT JA Mitsui Leasing Indonesia 14.064.012 14.064.012 PT JA Mitsui Leasing Indonesia PT. Takari Kokoh Sejahtera 13.633.022 - PT. Takari Kokoh Sejahtera Total liabilitas sewa pembiayaan 234.590.315 235.972.243 Total finance lease liabilities Dikurangi bagian yang jatuh tempo dalam waktu satu tahun 56.725.720 77.037.601 Less current portion Bagian jangka panjang 177.864.595 158.934.642 Long-term liabilities Nilai kini pembayaran minimum sewa Present value of minimum lease payments In 31 Maret 2016 dan 31 Desember 2015, liabilitas sewa pembiayaan dikenakan bunga yang masing- masing berkisar antara 6,91 - 26,36 dan 6,91 - 26,36 per tahun. In March 31, 2016 and December 31, 2015, the financial leases are subject to interest at rates ranging from 6.91 - 26.36 and 6.91 - 26.36 per annum, respectively. Dana Pensiun Semen Gresik, Koperasi Karyawan Semen Tonasa, Yayasan Kesejahteraan Semen Tonasa, PT Pelayaran Tonasa Lines, dan PT PBM Biringkasi Raya adalah pihak berelasi Catatan 42. Dana Pensiun Semen Gresik, Koperasi Karyawan Semen Tonasa, Yayasan Kesejahteraan Semen Tonasa, PT Pelayaran Tonasa Lines, and PT PBM Biringkasi Raya are related parties Note 42. AND ITS SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS FOR THE PERIOD ENDED MARCH 31, 2016 AND 2015 Expressed in thousands of Rupiah, unless otherwise stated Continued - 97 - 22. UTANG USAHA

22. TRADE PAYABLES 31 Maret

31 Desember March 31, December 31, 2016 2015 Unaudited Audited Pihak ketiga: Third parties: Rupiah 2.739.391.092 2.294.228.799 Rupiah Dong Vietnam 332.979.017 264.253.473 Vietnamese Dong Dolar Amerika Serikat 58.267.372 79.697.097 United States Dollars Euro 50.472.958 71.361.233 Euro Mata uang asing lainnya 150.561 94.057 Other foreign currencies Jumlah 3.181.261.000 2.709.634.659 Subtotal Pihak berelasi Related parties: Rupiah 826.923.278 1.062.839.368 Rupiah Dolar Amerika Serikat 9.829.909 9.829.909 United States Dollars Dong Vietnam - 425.450 Vietnamese Dong Mata uang asing lainnya 516.613 516.613 Other foreign currencies Jumlah 837.269.800 1.073.611.340 Subtotal Jumlah 4.018.530.800 3.783.245.999 Total Umur utang usaha adalah sebagai berikut: The aging of trade payables is as follows: 31 Maret 31 Desember March 31, December 31, 2016 2015 Unaudited Audited Lancar 2.709.088.109 2.575.546.634 Current Lewat jatuh tempo: Overdue: 1 - 45 hari 768.284.499 648.856.515 1 - 45 days 46 - 135 hari 281.383.038 259.862.216 46 - 135 days 136 - 365 hari 105.551.362 231.739.509 136 - 365 days Lebih dari 365 hari 154.223.792 67.241.125 Over 365 days 4.018.530.800 3.783.245.999 Utang usaha berasal dari pembelian barang dan jasa. Untuk rincian transaksi dan saldo dengan pihak berelasi lihat Catatan 42. The trade payables involve purchases of goods and services. For details of related party transactions and balances refer to Note 42. AND ITS SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS FOR THE PERIOD ENDED MARCH 31, 2016 AND 2015 Expressed in thousands of Rupiah, unless otherwise stated Continued - 98 - 23. UTANG LAIN-LAIN

23. OTHER PAYABLES a. Utang Lain-lain - Lancar

a. Other Payables – Current 31 Maret

31 Desember March 31, December 31, 2016 2015 Unaudited Audited Pihak ketiga: Third parties: Utang pembelian aset tetap 85.145.317 86.275.212 Purchase of fixed assets payables Uang titipan 25.599.321 23.328.519 Deposits received Lainnya 66.012.125 41.686.949 Others Jumlah 176.756.763 151.290.680 Subtotal Pihak berelasi 29.360.525 43.009.298 Related parties Jumlah 206.117.288 194.299.978 Total Utang lain-lain kepada pihak berelasi terutama berkaitan dengan transaksi penyediaan jasa untuk proyek pembangunan pabrik baru dan pembelian aset tetap lainnya. Other payables to related parties mainly pertain to the services for the construction of new plants and other fixed assets. b. Liabilitas Jangka Panjang Lainnya b. Other Non-Current Liabilities 31 Maret 31 Desember March 31, December 31, 2016 2015 Unaudited Audited Pendapatan tangguhan 7.895.375 4.933.366 Deferred income Sewa jangka panjang 161.176 5.434.993 Long-term prepaid rent Retensi 105.142 105.142 Retention Jumlah 8.161.693 10.473.501 Total 24. BEBAN YANG MASIH HARUS DIBAYAR 24. ACCRUED EXPENSES 31 Maret 31 Desember March 31, December 31, 2016 2015 Unaudited Audited Productivity allowances, Promosi peningkatan penjualan 237.162.242 254.756.222 Sales promotion Pengangkutan 198.279.311 208.263.044 Transportation Asuransi, sewa dan ekspedisi 23.059.411 27.679.397 Insurance, rent and expedition Bina lingkungan 15.249.434 10.333.230 Partnership program Retribusi pertambangan 10.026.108 8.045.475 Mining rights fees Bunga 9.558.892 7.495.844 Interest Listrik 8.859.607 3.292.261 Electricity Beban pengantongan 8.255.811 294.766 Packer fees Jasa profesional 5.453.673 9.544.869 Professional fees Pemeliharaan 2.153.165 1.261.397 Maintenance Tagihan dalam proses - 1.326.557 Bills in progress Lain-lain di bawah Rp1.000.000 106.393.769 101.323.370 Others below Rp 1,000,000 624.451.423 633.616.432