TRADE PAYABLES Continued Krakatau Steel 30 September 2012 release

CATATAN ATAS LAPORAN KEUANGAN INTERIM KONSOLIDASIAN 30 SEPTEMBER 2012 Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain ____________________________________________________ PT KRAKATAU STEEL PERSERO Tbk NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS SEPTEMBER 30, 2012 Expressed in millions of Rupiah, unless otherwise stated _________________________________________________ Catatan atas laporan keuangan konsolidasi terlampir merupakan bagian yang tidak terpisahkan dari laporan keuangan konsolidasi secara keseluruhan. The accompanying notes form an integral part of these consolidated financial statements. 86

16. INSTRUMEN KEUANGAN DERIVATIF Lanjutan

16. DERIVATIVE FINANCIAL INSTRUMENTS Continued

30092012 31122011 Hutang Forward Forward payable receivable Perusahaan The Company Entitas yang berelasi dengan Pemerintah Government - Related Entities PT Bank Negara Indonesia Persero Tbk 356 354 PT Bank Negara Indonesia Persero Tbk PT Bank Mandiri Persero Tbk 543 1.879 PT Bank Mandiri Persero Tbk PT Danareksa Persero 109 398 PT Danareksa Persero Pihak Ketiga Third Parties PT Bank CIMB Niaga Tbk 1.955 1.247 PT Bank CIMB Niaga Tbk The Hongkong and Sanghai Banking Corp HSBC 545 1.317 The Hongkong and Sanghai Banking Corp HSBC Standard Chartered Bank SCB 1.585 5.181 Standard Chartered Bank SCB Citibank N.A. Indonesia - 224 Citibank N.A. Indonesia PT Bank Danamon Tbk Danamon 360 1.127 PT Bank Danamon Tbk Danamon PT Bank Permata Tbk 2.857 4.020 PT Bank Permata Tbk PT Bank Central Asia Tbk 2.800 - PT Bank Central Asia Tbk Deutsche Bank AG 930 Deutsche Bank AG Jumlah 12.040 15.747 Total Anak Perusahaan Subsidiaries Entitas yang berelasi dengan Pemerintah Government - Related Entities PT Danareksa Persero 222 - PT Danareksa Persero Pihak Ketiga Third Parties PT. Bank ANZ Indonesia 326 5 PT. Bank ANZ Indonesia PT Bank Permata Tbk 648 110 PT Bank Permata Tbk Jumlah 13.236 15.862 Total Saldo piutang dan utang derivatif disajikan sebagai bagian dari akun “Piutang Lain-lain” dan “Utang Lain- lain” pada laporan posisi keuangan konsolidasian dan perubahan nilai wajar selama tahun berjalan disajikan sebagai bagian dari akun “Laba Rugi Selisih Kurs” pada laporan laba rugi komprehensif konsolidasian. Perusahaan dan PT KWT menandatangani beberapa kontrak forward valuta asing. Di bawah ini adalah informasi sehubungan dengan kontrak dan nilai wajarnya: Perusahaan Outstanding derivative receivables and payables are presented as part of Other Receivab les” and “Other Payables in the consolidated statements of financial position and changes in fair value during the current year are presented as part of “Gain Loss on Foreign Exchange in the consolidated statements of comprehensive income. The Company and PT KWT entered into foreign exchange forward contracts. Below is information relating to the contracts and their fair values: The Company a. Perusahaan memperoleh fasilitas transaksi foreign exchange dari Standard Chartered Bank, Jakarta, dimana Standard Chartered Bank setuju untuk memberikan fasilitas transaksi spot danatau forward, currency swap, interest rate options dan transaksi derivatif lainnya. Fasilitas ini akan berakhir pada tanggal 31 Juli 2013 dan dapat diperpanjang secara otomatis selama 12 bulan ke depan kecuali jika ditentukan lain oleh bank. a. The Company obtained a foreign exchange transaction facility from Standard Chartered Bank, Jakarta, whereby Standard Chartered Bank agreed to provide spot transactions andor forward, currency swap, interest rate options and other derivative transactions. This facility will expire on July 31, 2013 and it can be automatically extended for another 12 months unless otherwise determined by the bank. CATATAN ATAS LAPORAN KEUANGAN INTERIM KONSOLIDASIAN 30 SEPTEMBER 2012 Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain ____________________________________________________ PT KRAKATAU STEEL PERSERO Tbk NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS SEPTEMBER 30, 2012 Expressed in millions of Rupiah, unless otherwise stated _________________________________________________ Catatan atas laporan keuangan konsolidasi terlampir merupakan bagian yang tidak terpisahkan dari laporan keuangan konsolidasi secara keseluruhan. The accompanying notes form an integral part of these consolidated financial statements. 87

16. INSTRUMEN KEUANGAN

DERIVATIF lanjutan Perusahaan lanjutan 16. DERIVATIVE FINANCIAL INSTRUMENTS continued The Company continued Sehubungan dengan fasilitas di atas, Perusahaan melakukan transaksi-transaksi berikut: In connection with the above facility, the Company made the following transactions: Periode awal kontrak Contract beginning period Tanggal-tanggal penyelesaian Settlement dates Perusahaan menerima The Company receives Perusahaan membayar The Company pays 23 Agt. 2012 - 28 Sept. 2012 Aug. 23, 2012 – Sept. 28, 2012 16 Okt. 2012 – 13 Dec. 2012 Oct 16, 2012 – Dec 13, 2012 US18.000.000 Rp173.665 18 Juni 2012 - 27 Agt 2012 June 18, 2012 - Aug 27, 2012 5 Sept. 2012 – 22 Okt. 2012 Sept 5, 2012 – Oct 22, 2012 US14.000.000 Rp133.645 21 Mei. 2012 - 20 Juli 2012 May.21, 2012 - July 20, 2012 1 Agt 2012 - 24 Sept 2012 Aug 1, 2012 – Sept 24, 2012 US30.000.000 Rp286.202 13 Apr. 2012 - 27 Juni 2012 Apr.13, 2012 - June 27, 2012 5 Juli 2012 - 14 Agt 2012 July 5, 2012 – Aug 14, 2012 US33.000.000 Rp311.923 08 Mar. 2012 - 29 Mei 2012 Mar.08, 2012 - May 29, 2012 5 Juni 2012 - 9 Agt 2012 June 5, 2012 – Aug 9, 2012 US25.000.000 Rp232.781 07 Feb. 2012 - 26 April 2012 Feb.07, 2012 - April 26, 2012 2 Mei 2012 - 23 Juli 2012 May 2, 2012 – July 23, 2012 US25.000.000 Rp230.590 16 Jan. 2012 - 19 March 2012 Jan.16, 2012 - March 19, 2012 3 April 2012 - 19 June 2012 April 3, 2012 - June.19, 2012 US32.000.000 Rp294.090 21 Nov. 2011 - 22 Des. 2011 Nov. 21, 2011 - Dec. 22, 2011 4 Jan. 2012 - 27 Feb. 2012 Jan. 4, 2012 - Feb. 27, 2012 US30.000.000 Rp275.506 31 Maret 2011 - 24 Nov. 2011 May 31, 2011 - Nov. 24, 2011 25 April 2011 - 12 Jan. 2012 April 25, 2011 - Jan. 12, 2012 US69.000.000 Rp601.652 26 Juli 2011 - 22 Agt. 2011 July 26, 2011 - Aug. 22, 2011 5 Okt. 2011 - 28 Okt. 2011 Oct. 5, 2011 - Oct. 28, 2011 US11.000.000 Rp94.381 31 Maret 2011 - 27 Juli 2011 May 31, 2011 - July 27, 2011 25 April 2011 - 19 Sept. 2011 April 25, 2011 - Sept. 19, 2011 US41.000.000 Rp353.704 b. Perusahaan memperoleh fasilitas transaksi spot dan forward dari PT Bank Permata Tbk dengan jumlah risiko kredit maksimum masing- masing sebesar USD5.000.000 dan USD5.000.000 pada tahun 2012 dan 2011. Fasilitas ini akan berakhir pada tanggal 16 Desember 2013. b. The Company obtained a spot and forward transaction facility from PT Bank Permata Tbk with a maximum credit risk amount amounting to USD5,000,000 and USD5,000,000 in 2012 and 2011, respectively. This facility will expire on December 16, 2013. Sehubungan dengan fasilitas di atas, Perusahaan melakukan transaksi-transaksi berikut: In connection with the above facility, the Company made the following transactions: