ADVANCES AND PREPAYMENTS Daftar Laporan Audit

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 28

8. FIXED ASSETS continued

31122009 01012009 Additions Disposals Transfers 31122009 Cost Land 138,447 23,648 - 8,848 170,943 Buildings 95,654 56,729 1,938 69,142 219,587 Network equipment 29,885,405 2,504,175 1,231,759 2,436,445 33,594,266 Leasehold improvements 108,018 3,240 2,263 7,020 116,015 Machinery and equipment 528,544 98,480 31,668 78,024 673,380 Furniture and fixtures 62,371 14,132 2,463 21,376 95,416 Support systems 333,082 45,454 15,017 31,030 394,549 Motor vehicles 31,326 - 15,589 2,855 18,592 31,182,847 2,745,858 1,300,697 2,654,740 35,282,748 Assets under construction 2,659,502 1,451,352 35,062 2,654,740 1,421,052 33,842,349 4,197,210 1,335,759 - 36,703,800 Accumulated depreciation Buildings 34,008 16,723 268 52 50,515 Network equipment 10,013,758 3,457,202 1,223,416 1,860 12,249,404 Leasehold improvements 87,571 13,738 2,129 42 99,138 Machinery and equipment 303,693 120,836 26,618 1,870 396,041 Furniture and fixtures 27,922 19,655 988 - 46,589 Support systems 170,378 70,113 8,048 - 232,443 Motor vehicles 25,252 3,613 15,589 - 13,276 10,662,582 3,701,880 1,277,056 - 13,087,406 Net book value 23,179,767 23,616,394 31032009 01012009 Additions Disposals Transfers 31032009 Cost Land 138,447 3,058 - - 141,505 Buildings 95,654 3,341 - 48,254 147,249 Network equipment 29,885,405 281,185 218,827 1,526,482 31,474,245 Leasehold improvements 108,018 702 1,538 6,387 113,569 Machinery and equipment 528,544 36,706 401 48,997 613,846 Furniture and fixtures 62,371 2,548 175 14,557 79,301 Support systems 333,082 769 - 21,731 355,582 Motor vehicles 31,326 - 15,486 2,855 18,695 31,182,847 328,309 236,427 1,669,263 32,943,992 Assets under construction 2,659,502 1,438,799 1,496 1,669,263 2,427,542 33,842,349 1,767,108 237,923 - 35,371,534 Accumulated depreciation Buildings 34,008 3,912 - - 37,920 Network equipment 10,013,758 816,501 214,188 - 10,616,071 Leasehold improvements 87,571 4,809 1,405 - 90,975 Machinery and equipment 303,693 29,482 381 - 332,794 Furniture and fixtures 27,922 5,060 175 - 32,807 Support systems 170,378 17,507 - - 187,885 Motor vehicles 25,252 980 15,487 - 10,745 10,662,582 878,251 231,636 - 11,309,197 Net book value 23,179,767 24,062,337 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 29

8. FIXED ASSETS continued

31032010 01012010 Additions Disposals Transfers 31032010 Cost Land 170,943 29 - 13,465 184,437 Buildings 219,587 1,238 - 87 220,912 Network equipment 33,594,266 186,332 43,730 367,915 34,104,783 Leasehold improvements 116,015 153 - 287 116,455 Machinery and equipment 673,380 4,601 21 2,970 680,930 Furniture and fixtures 95,416 380 259 1,076 96,613 Support systems 394,549 1,159 - 5,150 400,858 Motor vehicles 18,592 - - - 18,592 35,282,748 193,892 44,010 390,950 35,823,580 Assets under construction 1,421,052 540,415 14,817 390,950 1,555,700 36,703,800 734,307 58,827 - 37,379,280 Accumulated depreciation Buildings 50,515 5,268 - - 55,783 Network equipment 12,249,404 899,937 43,490 - 13,105,851 Leasehold improvements 99,138 2,317 - - 101,455 Machinery and equipment 396,041 30,763 21 - 426,783 Furniture and fixtures 46,589 5,110 208 - 51,491 Support systems 232,443 18,694 - - 251,137 Motor vehicles 13,276 877 - - 14,153 13,087,406 962,966 43,719 - 14,006,653 Net book value 23,616,394 23,372,627 The Company owns land located throughout Indonesia with Hak Guna Bangunan “HGB” for periods of 20-30 years which will expire between 2012 up to 2039. As at 31 March 2010, there are 99 locations with a total book value of Rp 39,191 and for which HGB certificates are in process. The management believes that there will be no difficulty in renewing the land rights when they expire. Assets under construction 31122007 31122008 31122009 31032009 3103 2010 Network equipment 2,861,627 2,384,150 1,301,853 2,166,587 1,465,400 Non-network equipment 242,857 275,352 119,199 260,955 90,300 3,104,484 2,659,502 1,421,052 2,427,542 1,555,700 Assets under construction mainly represent new BTS equipment and other equipment which is still to be installed or is currently being installed. When the equipment units are finally installed, their carrying values are reclassified as fixed assets - network equipment. The management believes that there are no significant obstacles to the completion of the assets under construction mentioned above.