ADVANCES AND OTHER NON-CURRENT ASSETS INTANGIBLE ASSETS

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS continued DECEMBER 31, 2011 AND 2010, AND YEARS ENDED DECEMBER 31, 2011 AND 2010 Figures in tables are presented in billions of Rupiah, unless otherwise stated 53

16. SHORT-TERM BANK LOANS continued

Total facility Interest Interest in Payment payment rate Borrower Currency billions schedule period per annum Security Bank CIMB Niaga continued May 14, 2010 Infomedia Rp. 28 February 16, Monthly 11.50 Trade receivables 2012 Note 5 Bank Danamon August 5, 2011 Infomedia Rp. 40 February 17, Monthly 11.00 Trade receivables 2012 Note 5 Bank Ekonomi June 25, 2009 b Sigma Rp. 15 July 1, 2012 Monthly 9.00 - 10.50 Trade receivables Note 5, property, plant and equipment Note 10 August 7, 2009 b Sigma Rp. 35 July 1, 2012 Monthly 9.00 - 10.50 Trade receivables Note 5, property, plant and equipment Note 10 August 7, 2009 b Sigma US 0.001 July 1, 2012 Monthly 6.00 Trade receivables Note 5, property, plant and equipment Note 10 The credit facilities obtained by the Company’s subsidiaries are used for working capital purpose. a Based on the latest amendment on May 25, 2011. b Based on the latest amendment on November 23, 2011.

17. MATURITIES OF LONG-TERM LIABILITIES

a. Current maturities Notes 2011 2010 Bank loans 20 3,960 4,478 Bonds and notes 19 385 127 Two-step loans 18 272 396 Obligations under finance leases 10 196 198 Deferred consideration for business combinations - 105 Total 4,813 5,304 Deferred consideration represents the Companys obligations to the Selling Stockholders of MGTI in respect of the Company’s acquisition of KSO IV and BSI in respect of the Company’s acquisition of KSO VII, which were fully repaid in January 2011. Refer to Note 37 for details of related party transactions. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS continued DECEMBER 31, 2011 AND 2010, AND YEARS ENDED DECEMBER 31, 2011 AND 2010 Figures in tables are presented in billions of Rupiah, unless otherwise stated 54

17. MATURITIES OF LONG-TERM LIABILITIES continued

b. Long-term portion Scheduled principal payments as of Dec 31, 2011, are as follows: In billions of Rupiah Notes Total 2013 2014 2015 2016 Later Bank loans 20 7,231 4,155 2,006 722 260 88 Bonds and notes 19 3,401 268 133 1,005 - 1,995 Two-step loans 18 2,012 197 200 202 206 1,207 Obligations under finance leases 10 314 147 94 24 16 33 Total 12,958 4,767 2,433 1,953 482 3,323

18. TWO-STEP LOANS

Two-step loans are unsecured loans obtained by the Government, which are then re-loaned to the Company. The loans entered into up to July 1994 were recorded and payable in Rupiah based on the exchange rate at the date of drawdown. Loans entered into after July 1994 are payable in their original currencies and any resulting foreign exchange gain or loss is borne by the Company. 2011 2010 Outstanding Outstanding Original Original currency Rupiah currency Rupiah Lenders Currency in millions equivalent in millions equivalent Overseas bank Yen 9,983 1,167 10,751 1,191 Rp. - 717 - 857 US 44 400 121 1,089 Total 2,284 3,137 Current maturities Note 17a 272 396 Long-term portion Note 17b 2,012 2,741 Interest Interest Payment payment rate Lenders Currency schedule period per annum Overseas bank US Semi-annually Semi-annually 4.00 Rp. Semi-annually Semi-annually 7.71 Yen Semi-annually Semi-annually 3.10 The loans are intended for the development of telecommunications infrastructure and supporting equipment. The loans are payable in semi-annual installments and are due on various dates through 2024.