PENYERTAAN SAHAM lanjutan INVESTMENTS IN SHARES OF STOCK continued

PT KRAKATAU STEEL PERSERO Tbk DAN ENTITAS ANAK CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN INTERIM Pada Tanggal 31 Maret 2014 dan 31 Desember 2013 Disajikan dalam ribuan Dolar AS dan dalam jutaan Rupiah, Kecuali Dinyatakan Lain PT KRAKATAU STEEL PERSERO Tbk AND SUBSIDIARIES NOTES TO INTERIM CONSOLIDATED FINANCIAL STATEMENTS As of March 31, 2014 and December 31, 2013 Expressed in thousands of US Dollar and in million Rupiah, Unless Otherwise Stated 76

12. PENYERTAAN SAHAM lanjutan

PT Wijaya Karya Krakatau Beton “WKKB” Berdasarkan Akta Notaris No. 16 dari Indrajati Tandjung, S.H. tanggal 16 Desember 2013, PT KE, PT Wijaya Karya Beton dan PT Wijaya Karya Persero Tbk mendirikan PT Wijaya Karya Krakatau Beton WKKB dengan persentase kepemilikan masing-masing sebesar 30, 55 dan 15. Akta pendirian PT WKKB masih dalam proses pengesahan oleh Menteri Hukum dan Hak Asasi Manusia Republik Indonesia. PT WKKB bergerak dalam industry dan perdagangan beton cetak. Pada tahun 2013, PT KE telah melakukan setoran modal kas pada PT WKKB sebesar US332.

12. INVESTMENTS IN SHARES OF STOCK continued

PT Wijaya Karya Krakatau Beton “WKKB” Based on Notarial Deed No. 16 of Indrajati Tandjung, S.H. dated December 16, 2013, PT KE, PT Wijaya Karya Beton and PT Wijaya Karya Persero Tbk established PT Wijaya Karya Krakatau Beton WKKB with percentage of ownership of 30, 55 and 15, respectively. The deed of establishment of PT WKKB is in approval process by the Ministry of Laws and Human Rights of the Republic of Indonesia. PT WKKB engaged in the industry and trading of precast concrete. In 2013, PT KE paid capital contribution in cash to PT WKKB amounting to US332. Cadangan penurunan nilai penyertaan dibentuk atas penyertaan pada PT Maleo Emtiga US5.211, PT Seamless Pipe Indonesia Jaya US1.091, South Australian Steel and Energy US610 dan PT Indonesia Asri Refractories US22. Manajemen Perusahaan berpendapat bahwa penyisihan penurunan nilai penyertaan cukup untuk menutupi kemungkinan kerugian yang timbul. Allowance for decline in value of investment is provided for investments in PT Maleo Emtiga US5,211, PT Seamless Pipe Indonesia Jaya US1,091, South Australian Steel and Energy US610 and PT Indonesia Asri Refractories US22. The Company’s management is of the opinion that the allowance for decline in value of investment is adequate to cover possible losses. Sebagai tindak lanjut atas penyertaan Perusahaan pada PT Maleo Emtiga, Perusahaan bermaksud melakukan pembubaran dan likuidasi atas PT Maleo Emtiga. Rencana tersebut telah disetujui oleh Menteri Negara Badan Usaha Milik Negara pada tanggal 2 Agustus 2010. Sampai dengan tanggal 31 Maret 2014, pelaksanaan pembubaran dan likuidasi tersebut masih dalam proses. Perusahaan berkeyakinan bahwa hasil akhir dari proses likuidasi tersebut tidak akan berdampak material atas hasil operasi, posisi atau likuiditas keuangan Perusahaan dan oleh karena itu Perusahaan tidak melakukan penyisihan sehubungan dengan proses likuidasi tersebut dalam laporan keuangan konsolidasian interim. As a follow-up for the Company’s investment in PT Maleo Emtiga, the Company intended to dissolve and liquidate PT Maleo Emtiga. The plan has been approved by the Ministry of State-Owned Enterprises on August 2, 2010. As of March 31, 2014, the execution of the dissolution and liquidation is still in process. The Company believes that the ultimate resolution of the liquidation process is unlikely to have a material effect on the Company’s results of operations, financial position or liquidity and, therefore, the Company did not set up a provision in relation to liquidation process in the interim consolidated financial statements. PT KRAKATAU STEEL PERSERO Tbk DAN ENTITAS ANAK CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN INTERIM Pada Tanggal 31 Maret 2014 dan 31 Desember 2013 Disajikan dalam ribuan Dolar AS dan dalam jutaan Rupiah, Kecuali Dinyatakan Lain PT KRAKATAU STEEL PERSERO Tbk AND SUBSIDIARIES NOTES TO INTERIM CONSOLIDATED FINANCIAL STATEMENTS As of March 31, 2014 and December 31, 2013 Expressed in thousands of US Dollar and in million Rupiah, Unless Otherwise Stated 77 13. ASET TETAP 13. FIXED ASSETS Akun ini terdiri dari: This account consists of: Saldo Awal Penambahan Pengurangan Reklasifikasi Penyesuaian Translasi Saldo Akhir Kepemilikan Langsung Beginning balance Additions Deductions Reclassifications Translation Adjustment Ending balances Direct Ownership Harga perolehan Acquisition cost Tanah 26.126 7.037 3.949 - - 29.214 Land Bangunan 165.426 9.212 - 11 - 174.648 Buildings Mesin dan peralatan 905.155 5.271 - 860 4 911.290 Machineries and equipment Peralatan pabrik dan proyek 8.005 1.288 17 - 3 9.279 Plant and project equipment Alat pengangkutan 5.995 1.141 958 - - 6.179 Transportation equipment Peralatan rumah dan kantor 79.914 658 4.730 - 3 75.845 Office and housing equipment Aset dalam pembangunan 285.090 20.215 - 870 29 304.464 Construction in progress Aset sewa pembiayaan Asset under finance lease Bangunan 4.623 - - - - 4.623 Buildings Total harga perolehan 1.480.334 44.823 9.653 - 38 1.515.542 Total acquisition cost Akumulasi penyusutan Accumulated depreciation Bangunan 93.664 2.721 - - 3 96.389 Buildings Mesin dan peralatan 462.037 14.289 922 - 1 475.405 Machineries and equipment Peralatan pabrik dan proyek 4.435 2.073 356 - 3 6.155 Plant and project equipment Alat pengangkutan 3.104 349 - - - 3.453 Transportation equipment Peralatan rumah dan kantor 59.264 5.151 3.900 - 1 60.515 Office and housing equipment Aset sewa pembiayaan Asset under finance lease Bangunan 92 46 - - - 138 Buildings Total akumulasi penyusutan 622.596 24.582 5.178 - 8 642.054 Total Accumulated depreciation Total Tercatat 857.738 20.240 4.474 - 30 873.489 Carrying Amount 31 Maret 2014 March 31, 2014 Saldo Awal Penambahan Pengurangan Reklasifikasi Penyesuaian Translasi Saldo Akhir Kepemilikan Langsung Beginning balance Additions Deductions Reclassifications Translation Adjustment Ending balances Direct Ownership Harga perolehan Acquisition cost Tanah 17.405 12.558 3.085 - 752 26.126 Land Bangunan 156.455 3.869 5 17.122 12.015 165.426 Buildings Mesin dan peralatan 727.601 11.922 7.188 178.811 5.991 905.155 Machineries and equipment Peralatan pabrik dan proyek 4.920 3.291 - - 206 8.005 Plant and project equipment Alat pengangkutan 6.535 516 - 23 1.079 5.995 Transportation equipment Peralatan rumah dan kantor 77.391 5.366 1.350 1.559 3.052 79.914 Office and housing equipment Aset dalam pembangunan 318.606 172.384 - 197.515 8.385 285.090 Construction in progress Aset sewa pembiayaan Asset under finance lease Bangunan - 4.623 - - - 4.623 Buildings Total harga perolehan 1.308.913 214.529 11.628 - 31.480 1.480.334 Total acquisition cost Akumulasi penyusutan Accumulated depreciation Bangunan 87.696 9.113 6 - 3.139 93.664 Buildings Mesin dan peralatan 408.354 57.671 12 - 3.976 462.037 Machineries and equipment Peralatan pabrik dan proyek 4.365 218 - - 148 4.435 Plant and project equipment Alat pengangkutan 1.983 1.452 - - 331 3.104 Transportation equipment Peralatan rumah dan kantor 57.579 5.287 1.344 - 2.258 59.264 Office and housing equipment Aset sewa pembiayaan Asset under finance lease Bangunan - 92 - - - 92 Buildings Total akumulasi penyusutan 559.977 73.833 1.362 - 9.852 622.596 Total Accumulated depreciation Total Tercatat 748.936 140.696 10.266 - 21.628 857.738 Carrying Amount 31 Desember 2013 December 31, 2013