Liabilitas imbalan kerja jangka pendek Short- Liabilitas imbalan Kerja jangka panjang Long-

PT KRAKATAU STEEL PERSERO Tbk DAN ENTITAS ANAK CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN Pada Tanggal 31 Maret 2013 dan 31 Desember 2012 Disajikan dalam ribuan Dolar AS dan dalam jutaan Rupiah, Kecuali Dinyatakan Lain PT KRAKATAU STEEL PERSERO Tbk AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS As of March 31, 2013 and December 31, 2012 Expressed in thousands of US Dollar and in million Rupiah, Unless Otherwise Stated 131 23. IMBALAN KERJA lanjutan 23. EMPLOYEE BENEFITS continued a. Liabilitas imbalan kerja jangka pendek a. Short- term employees’ benefits liabilities Liabilitas imbalan kerja jangka pendek sebagian besar terdiri dari akrual bonus karyawan. Pada tanggal 31 Maret 2013 dan 31 Desember 2012 jumlah akrual bonus masing - masing sebesar Rp79.410 setara dengan US8.212 dan Rp79.410 setara dengan US8.212. Short-term employee benefit liabilities are mainly consist of accrual bonus for employees. As of March 31, 2013 and December 31, 2012, bonus accruals amounting to Rp79,410 equivalent to US8,212 and Rp79,410 equivalent to US8,212, respectively. b. Liabilitas imbalan Kerja jangka panjang b. Long- term employees’ benefits liabilities Akun ini terdiri dari: This account consists of: 31032013 31122012 Perusahaan The Company Imbalan jangka panjang menurut perjanjian Long-term benefit in accordance with the Kerja Bersama 14,287 21,827 Collective Labor Agreement Uang penghargaan masa kerja - - Termination benefits Tunjangan cuti besar 2,428 2,100 Long leave benefits Tunjangan kesetiaan 4,634 4,008 Service awards Entitas Anak 10,233 9,773 Subsidiaries Total 31,582 37,708 Total Imbalan Pensiun Manfaat Pasti Defined Benefit Pension Plan Program pensiun manfaat pasti Perusahaan dikelola oleh Dana Pensiun Krakatau Steel, pihak berelasi, yang didirikan berdasarkan Surat Keputusan Menteri Keuangan No. KEP-121KM. 171998 tanggal 16 Maret 1998. Sumber dana program pensiun berasal dari kontribusi karyawan dan Perusahaan. Kontribusi karyawan adalah sebesar 5 dari penghasilan dasar pensiun dan sisanya ditanggung oleh Perusahaan dan Entitas Anak untuk karyawan Perusahaan yang diperbantukan pada Entitas Anak. Perhitungan pensiun untuk tanggal-tanggal 31 Desember 2012 dan 2011 dilakukan oleh PT Binaputera Jaga Hikmah “Binaputera”, aktuaris independen, dalam laporannya masing-masing tanggal 10 Maret 2013 dan 22 Februari 2012, menggunakan metode “Projected Unit Credit” dengan asumsi-asumsi sebagai berikut: The Company’s defined benefit pension plan is managed by Dana Pensiun Krakatau Steel, a related party, which was established based on the Ministry of Finance Decision Letter No. KEP- 121KM.171998 dated March 16, 1998. The fund is contributed by both employees and the Company. Employee’s contribution to the plan is 5 of basic pension income salary and the remaining contribution is paid by the Company and Subsidiaries for the Company’s employees who are seconded to the Subsidiaries. The calculations of pension as of December 31, 2012 and 2011 were performed by PT Binaputera Jaga Hikmah “Binaputera”, an independent actuary, based on its reports dated March 10, 2013 and February 22, 2012, respectively, using the “Projected Unit Credit” method which utilized the following assumptions: PT KRAKATAU STEEL PERSERO Tbk DAN ENTITAS ANAK CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN Pada Tanggal 31 Maret 2013 dan 31 Desember 2012 Disajikan dalam ribuan Dolar AS dan dalam jutaan Rupiah, Kecuali Dinyatakan Lain PT KRAKATAU STEEL PERSERO Tbk AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS As of March 31, 2013 and December 31, 2012 Expressed in thousands of US Dollar and in million Rupiah, Unless Otherwise Stated 132 23. IMBALAN KERJA lanjutan 23. EMPLOYEE BENEFITS continued