SHORT TERM - INVESTMENTS

The original consolidated financial statements included herein are in the Indonesian language PT KERETA API INDONESIA PERSERO PT KERETA API INDONESIA PERSERO CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED Tanggal 31 Desember 2015 dan as of December 31, 2015 Disajikan dalam ribuan Rupiah, kecuali dinyatakan lain Expressed in thousands of Rupiah, unless otherwise stated untuk tahun yang berakhir pada tanggal tersebut and for the year then ended DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES FINANCIAL STATEMENTS KEUANGAN KONSOLIDASIAN 15. PERPAJAKAN lanjutan 15. TAXATION continued

b. Utang Pajak lanjutan

b. Taxes Payable continued

000831011153115 Paid 000841011153115 Paid 000201011062115 Paid 001441011162115 Paid 001451011162115 Paid 000391011262115 Paid 000191011562215 Paid 000821011362215 Paid 001431011462215 Paid 001441011462215 Paid 000271011362615 Paid 001351011320115 Paid Jumlah Total 30042015 15072015 17 21072015 900 15072015 12 11032015 04042015 500 11 P hit T k i P j k P h il B d C l l ti f P t C t I T 27052015 56 26052015 13 609 01042015 30042015 14 30042015 156 26052015 28042015 30042015 21072015 22062015 21072015 500 15072015 15 28042015 27052015 3.482 26052015 18 22062015 21072015 500 22 20032015 19042015 3.053 24072015 10032015 04042015 600 27052015 21 27032015 26042015 17.986 16 28042015 400 15072015 Date Pajak Explanation Date Tanggal Sisa Tagihan No. No. SKP SPT Payment Status SK JT Remaining tax Keterangan Tanggal Decree Maturity bill 20 22062015 Sudah Dibayar Sudah Dibayar Sudah Dibayar Sudah Dibayar Sudah Dibayar Sudah Dibayar Sudah Dibayar Sudah Dibayar Sudah Dibayar 149.684 19 22062015 Sudah Dibayar Sudah Dibayar Proses Penagihan Terakhir 23042015 Sudah Dibayar c. c. Laba rugi komersial sebelum Commercial profit loss before estimation Taksiran Pajak Penghasilan of Income tax Beda temporer: Temporary difference: Penyusutan Depreciation Amortisasi Amortization Imbalan pascakerja Post-employment benefit obligation Penyisihan piutang ragu-ragu Allowance for doubtful account Penurunan nilai persediaan Impairment in value of inventories Penurunan nilai aset Impairment of assets Beda tetap: Fixed difference: Beban tidak diperkenankan Non - deductible expense Bunga deposito Time deposit interest income Pendapatan sewa Rent revenue Beban penyusutan Depreciation expense Deviden entitas anak Dividend Subsidiaries Taksiran laba rugi fiskal Estimated fiscal income loss Tarif pajak Tax rate ▷ ▷ Taksiran pajak kini Entitas Induk Parent Entity current tax provision x 1.364.598.425 341.149.606 341.149.606 159.932.261 2014 - 25 x 1.364.598.425 25 x 639.729.044 - 159.932.261 25 x 639.729.044 25 318.083.350 264.339.639 19.799.012 19.507.513 357.933.785 363.120.364 921.165 441.369 75.288.337 33.565.788 134.016.618 151.412.657 1.364.598.425 639.729.044 14.609.419 1.332.530 158.208.213 9.092.774 4.707.213 234.036 - 62.833 16.226.831 1.873.328 154.560.846 121.777.856 2015 319.093.684 131.582.631 2015 Perhitungan Taksiran Pajak Penghasilan Badan Calculation of Parent Corporate Income Tax Estimation 1.653.175.889 912.919.557 2014 63 The original consolidated financial statements included herein are in the Indonesian language PT KERETA API INDONESIA PERSERO PT KERETA API INDONESIA PERSERO CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED Tanggal 31 Desember 2015 dan as of December 31, 2015 Disajikan dalam ribuan Rupiah, kecuali dinyatakan lain Expressed in thousands of Rupiah, unless otherwise stated untuk tahun yang berakhir pada tanggal tersebut and for the year then ended DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES FINANCIAL STATEMENTS KEUANGAN KONSOLIDASIAN 15. PERPAJAKAN lanjutan 15. TAXATION continued c. c. Kredit Pajak: Tax deduction: Pajak penghasilan pasal 22 Income tax article 22 Pajak penghasilan pasal 23 Income tax article 23 Pajak penghasilan pasal 25 Income tax article 25 Jumlah kredit pajak Total tax deduction Kekurangan pajak Tax deficiency

d. Rincian Beban Pendapatan Pajak

d. Details of Expense Income Taxes

Entitas Induk: Parent Entity: Beban pajak kini Current tax expense Beban pendapatan pajak tangguhan Deferred tax expense income Jumlah pendapatan beban pajak Penghasilan 159.932.261 79.009.007 49.379.773 3.175.583 104.365.877 77.764.961 211.801.265 154.792.818 129.348.341 5.139.443 2015 2014 341.149.606 209.312.034 Total income expense of income tax 74.024.836 Calculation of Parent Corporate Income Tax Estimation continued Perhitungan Taksiran Pajak Penghasilan Badan lanjutan 3.003.021 104.259.805 420.158.613 Penghasilan Entitas Anak: Subsidiaries: Beban pajak kini Current tax expense Beban pendapatan pajak tangguhan Deferred tax expense income Jumlah pendapatan beban pajak Penghasilan Konsolidasian: Consolidated: Beban pajak kini Current tax expense Beban pendapatan pajak tangguhan Deferred tax expense income Jumlah Pendapatan Beban Total income expense of income Pajak Penghasilan tax

e. Pajak Tangguhan

e. Deferred Tax

66.963.898 38.155.824 520.422.071 274.410.532 2015 2014 Total income expense of income tax 76.322.447 453.458.173 236.254.708 12.045.109 Pajak tangguhan dihitung berdasarkan pengaruh dari perbedaan temporer antara jumlah tercatat aset dan liabilitas menurut laporan keuangan dengan dasar pengenaan pajak aset dan liabilitas. Rincian dari aset dan liabilitas pajak tangguhan adalah sebagai berikut: 112.308.567 Deferred tax is calculated based on the effect of temporary differences between the carrying amounts of assets and liabilities for financial reporting with tax bases of assets and liabilities. Details of deferred tax assets and liabilities are as follows: 11.223.949 100.263.458 65.098.498 64