Entitas anak Subsidiaries UMUM lanjutan GENERAL continued

PT TOBA BARA SEJAHTRA TBK DAN ENTITAS ANAK CATATAN ATAS LAPORAN KEUANGAN INTERIM KONSOLIDASIAN 31 Maret 2017 tidak diaudit dan 31 Desember 2016 diaudit dan Periode Tiga Bulan yang berakhir pada Tanggal-tanggal 31 Maret 2017 tidak diaudit dan 2016 tidak diaudit Disajikan dalam Dolar Amerika Serikat, kecuali dinyatakan lain PT TOBA BARA SEJAHTRA TBK AND ITS SUBSIDIARIES NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS March 31, 2017 unaudited and December 31, 2016 audited And Three Months Period ended March 31, 2017 unaudited and 2016 unaudited Expressed in United States Dollar, unless otherwise stated 14 1. UMUM lanjutan 1. GENERAL continued c. Entitas anak c. Subsidiaries Perusahaan mengkonsolidasikan entitas anak di bawah ini karena adanya pengendalian. The Company consolidates the following subsidiaries due to the existency of control. Entitas anakSubsidiaries Domisili dan Tahun operasi komersial dimulai Domicile and Year of commercial operations started Jenis Usaha Nature of Business Persentase kepemilikan Percentage of ownership Total Aset sebelum Eliminasi Total Assets before Elimination 31 Maret 2017 Total Aset sebelum Eliminasi Total Assets before Elimination 31 Desember 2016 ` Kepemilikan langsungDirect ownership: 1. PT Adimitra Baratama Kalimantan Timur Pertambangan batu bara 51 99.727.469 98.206.700 Nusantara “ABN” East Kalimantan2008 Coal mining 2. PT Trisensa Mineral Kalimantan Timur Pertambangan batu bara 99 37.948.092 36.835.249 Utama “TMU” East Kalimantan2011 Coal mining 3. PT Toba Bumi Energi Jakarta Investasi di bidang 99 53.708.329 56.742.660 “TBE” dan entitas Jakarta2007 pertambangan anaknyaand its Investment in coal mining subsidiary 4. PT Perkebunan Kaltim Kalimantan Timur Perkebunan kelapa sawit 90 20.551.568 20.706.740 Utama I “PKU” East Kalimantan2011 Palm oil plantation 5. PT Gorontalo Listrik Gorontalo Pembangkit tenaga Listrik 60 4.593.115 4.763.351 Perdana “GLP” Gorontalo Catatan1 Note1 Electricity power generator 6. PT Toba Bara Jakarta Investasi di bidang 99 18.767 - Energi “Toba Energi” Jakarta Catatan1 Note1 ketenagalistrikan dan entitas anaknya Investment in electrification and its subsidiary Kepemilikan tidak langsung melalui TBEIndirect ownership through TBE: 7. PT Indomining “IM” Kalimantan Timur Pertambangan batu bara 99 50.035.031 51.844.424 East Kalimantan2007 Coal mining Kepemilikan tidak langsung melalui Toba EnergiIndirect ownership through Toba Energi: 8. PT Minahasa Cahaya Lestari “MCL” Sulawesi Utara Pembangkit tenaga listrik 90 200.000 - North Sulawesi Catatan1 Note1 Electricity power generator Catatan1: Belum beroperasi secara komersial Note1: Not yet commence commercial operation Kepemilikan Perusahaan terhadap ABN, TMU dan TBE diperoleh pada tahun 2010 melalui transaksi kombinasi bisnis entitas sepengendali Catatan 24b. The Company’s ownership over ABN, TMU and TBE is acquired in 2010 through a business combination among entities under common control Note 24b. Pada tanggal 3 Februari 2016, Perusahaan, TS dan Shanghai Electric Power Construction Co. Ltd mendirikan PT Gorontalo Listrik Perdana “GLP” dengan kepemilikan masing-masing sebesar 60, 20 dan 20. Pada tanggal 4 Februari 2016, Perusahaan telah mengadakan perjanjian dengan TS untuk melakukan pembelian 20 kepemilikan TS di GLP. Pada bulan Maret dan November 2016, Perusahaan telah melakukan pembayaran kepada TS, transaksi ini belum diaktakan sampai dengan 31 Maret 2017. On February, 3, 2016, the Company, TS and Shanghai Electric Power Construction Co. Ltd established PT Gorontalo Listrik Perdana “GLP” with ownership of 60, 20 and 20, respectively. On February 4, 2016, the Company has entered into sales and purchase agreement with TS to acquired 20 TS’ ownership in GLP. In March and November 2016, the Company has paid to TS, This transaction has not been notarized until March 31, 2017. PT TOBA BARA SEJAHTRA TBK DAN ENTITAS ANAK CATATAN ATAS LAPORAN KEUANGAN INTERIM KONSOLIDASIAN 31 Maret 2017 tidak diaudit dan 31 Desember 2016 diaudit dan Periode Tiga Bulan yang berakhir pada Tanggal-tanggal 31 Maret 2017 tidak diaudit dan 2016 tidak diaudit Disajikan dalam Dolar Amerika Serikat, kecuali dinyatakan lain PT TOBA BARA SEJAHTRA TBK AND ITS SUBSIDIARIES NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS March 31, 2017 unaudited and December 31, 2016 audited And Three Months Period ended March 31, 2017 unaudited and 2016 unaudited Expressed in United States Dollar, unless otherwise stated 15 1. UMUM lanjutan 1. GENERAL continued