Utang pajak Taxes payable Liabilitas pajak tangguhan Deferred tax liabilities

PT Vale Indonesia Tbk PT Vale Indonesia Tbk 30 Juni 2013 dan 2012 dan 31 Desember 2012 June 30, 2013 and 2012 and December 31, 2012 31 14. Perpajakan lanjutan 14. Taxation continued b. Utang pajak b. Taxes payable 30 JuniJune 30 2013 2012 31 DesemberDecember 31 Dalam ribuan Dolar AS US Dollars, in thousands Utang pajak lainnya Other taxes payable - PPN terhutang 2,168 3,117 - VAT payable - PPh pasal 23 dan 26 264 619 - Withholding tax “WHT” articles 23 and 26 - PPh pasal 21 1,171 918 - WHT article 21 Jumlah 3,603 4,654 Total c. Beban pajak penghasilan c. Income tax expense Beban pajak penghasilan untuk periode-periode yang berakhir pada tanggal 30 Juni 2013 dan 2012 adalah sebagai berikut: The income tax expense for the periods ended June 30, 2013 and 2012 were as follows: 30 Juni 2013 2012 June 30 Dalam ribuan Dolar AS US Dollars, in thousands Kini 15,521 1,527 Current Tangguhan 660 803 Deferred Jumlah 14,861 2,330 Total Perhitungan pajak penghasilan kini adalah berdasarkan estimasi penghasilan kena pajak. Jumlah tersebut mungkin disesuaikan ketika surat pemberitahuan pajak tahunan disampaikan ke kantor pajak. Current income tax calculations are based on estimated taxable income. The amounts may be adjusted when annual tax returns are filed with the tax authorities. Rekonsiliasi antara laba sebelum pajak penghasilan yang disajikan dalam laporan keuangan dengan taksiran penghasilan kena pajak untuk periode- periode yang berakhir pada 30 Juni 2013 dan 2012 adalah sebagai berikut: The reconciliation between profit before income tax as shown in these financial statements and the estimated taxable income for the periods ended June 30, 2013 and 2012 is as follows: 30 Juni 2013 2012 June 30 Dalam ribuan Dolar AS US Dollars, in thousands Laba sebelum pajak penghasilan 58,927 7,849 Profit before income tax Perbedaan temporer: Temporary differences: Perbedaan antara penyusutan dan amortisasi Difference between commercial and komersial dan fiskal 7,604 5,946 tax depreciation and amortization Liabilitas imbalan pascakerja 770 3,196 Post-employment benefit liabilities Provisi atas penghentian pengoperasian aset 1,866 1,153 Provision for asset retirement Liabilitas atas pembayaran berbasis saham 9 25 Share-based payment liabilities AkrualProvisi lain-lain 7,590 13,482 Other accrualsprovisions 61,568 4,637 Perbedaan tetap: Permanent differences: Pendapatan bunga kena pajak final 41 38 Interest income subject to final tax Beban yang tidak dapat dikurangkan 557 1,510 Non-deductible expenses 516 1,472 Penghasilan kena pajak 62,084 6,109 Taxable income Pajak penghasilan – kini pada tarif 25 15,521 1,527 Income tax – current at 25 Pajak dibayar dimuka 20,437 57,490 Prepaid tax Lebih bayar pajak 4,916 55,963 Overpayment of tax PT Vale Indonesia Tbk PT Vale Indonesia Tbk 30 Juni 2013 dan 2012 dan 31 Desember 2012 June 30, 2013 and 2012 and December 31, 2012 32 30 Juni 2013 2012 June 30 Dalam ribuan Dolar AS US Dollars, in thousands Laba sebelum pajak penghasilan 58,927 7,849 Profit before income tax Pajak penghasilan dihitung pada tarif 25 14,732 1,962 Income tax calculated at 25 Pendapatan bunga kena pajak final 10 10 Interest income subject to final tax Beban yang tidak dapat dikurangkan 139 378 Non-deductible expenses Beban pajak penghasilan 14,861 2,330 Income tax expense Dikreditkan Dibebankan ke laporan laba rugi 1 Januari Credited 30 Juni January 1, Charged to June 30, 2013 profit or loss 2013 Dalam ribuan Dolar AS US Dollars, in thousands Penyusutan dan amortisasi 181,446 1,901 179,545 Depreciation and amortization Liabilitas imbalan pascakerja 5,556 193 5,749 Post-employment benefit liabilities Penyisihan untuk bahan pembantu usang 273 - 273 Provision for obsolete supplies Provisi atas penghentian pengoperasian aset 10,528 467 10,995 Provision for asset retirement Liabilitas atas pembayaran berbasis saham 4 3 1 Share-based payment liabilities AkrualProvisi lain-lain 3,080 1,898 1,182 Other accrualsprovisions Liabilitas pajak tangguhan, bersih 162,005 660 161,345 Deferred tax liabilities, net Dikreditkan Dibebankan ke laporan laba rugi 1 Januari Credited 31 Desember January 1 , Charged to December 31, 2012 profit or loss 2012 Dalam ribuan Dolar AS US Dollars, in thousands Penyusutan dan amortisasi 184,476 3,030 181,446 Depreciation and amortization Liabilitas imbalan pascakerja 2,932 2,624 5,556 Post-employment benefit liabilities Penyisihan untuk bahan pembantu usang 291 18 273 Provision for obsolete supplies Provisi atas penghentian pengoperasian aset 9,952 576 10,528 Provision for asset retirement Liabilitas atas pembayaran berbasis saham 11 7 4 Share-based payment liabilities AkrualProvisi lain-lain 4,099 1,019 3,080 Other accrualsprovisions Liabilitas pajak tangguhan, bersih 167,191 5,186 162,005 Deferred tax liabilities, net 14. Perpajakan lanjutan 14. Taxation continued c. Beban pajak penghasilan lanjutan c. Income tax expense continued Rekonsiliasi antara beban pajak penghasilan dengan hasil perhitungan teoritis dari laba sebelum pajak penghasilan Perseroan untuk periode- periode yang berakhir pada 30 Juni 2013 dan 2012 adalah sebagai berikut: The reconciliation of income tax expense to the theoretical tax amount on the Company’s profit before income tax for the periods ended June

30, 2013 and 2012 is as follows:

d. Liabilitas pajak tangguhan d. Deferred tax liabilities Perubahan liabilitas pajak tangguhan untuk periode-periode yang berakhir pada 30 Juni 2013 dan 31 Desember 2012: Changes in the deferred tax liabilities for the periods ended June 30, 2013 and December 31, 2012 are shown below: PT Vale Indonesia Tbk PT Vale Indonesia Tbk 30 Juni 2013 dan 2012 dan 31 Desember 2012 June 30, 2013 and 2012 and December 31, 2012 33 Jumlah yang Jumlah yang Jumlah disetujui diajukan keberatan Jumlah yang setara AS keberatan yang ditolak diajukan banding Kurang bayar Setara AS nilai penuh AS nilai penuh AS nilai penuh AS nilai penuh IDR nilai penuh nilai penuh Amount agreed Amount Objection Amount Underpayment Equivalent US equivalent US objected amount rejected to be appealed Jenis pajakTax article IDR full amount full amount full amount US full amount US full amount US full amount PPh pasal 15 50,463,553 5,613 5,613 - - - WHT article 15 PPh pasal 23 5,201,652,257 578,540 2,417 576,123 576,123 576,123 WHT article 23 PPh pasal 26 296,887,634,509 33,020,535 1,855,874 31,164,661 31,164,661 31,164,661 WHT article 26 PPh pasal 42 13,263,097 1,475 1,475 - - - WHT article 42 PPNVAT 5,579,010,679 620,511 305,421 315,090 67,426 - JumlahTotal 307,732,024,095 34,226,674 2,170,800 32,055,874 31,808,210 31,740,784 _ Memakai kurs Rp8.990AS pada saat pencatatan pertama kali pada 31 Maret 2010 Using exchange rate of Rp8,990US at the initial recognition date on March 31, 2010 Jumlah yang telah disetujui diatas telah diakui sebagai biaya pada laporan laba rugi dan pembayaran ke DJP dilakukan melalui pemindahbukuan lihat penjelasan PPh Badan 2008 diatas. Selain jumlah yang telah disetujui seperti dijelaskan diatas, manajemen berkeyakinan bahwa hasil pemeriksaan tidak memiliki dasar yang kuat. Terutama interpretasi Kontrak Karya mengenai keharusan pemotongan PPh pasal 26 untuk dividen yang dibayarkan kepada pemegang saham pendiri. Manajemen percaya bahwa interpretasi Perseroan atas klausul di Kontrak Karya saat ini telah tepat yang didukung oleh pendapat penasehat hukum Perseroan. Lebih lanjut, praktik Perseroan saat ini telah konsisten dengan praktik- praktik di tahun-tahun sebelumnya tanpa sanggahan dari DJP. The amount agreed by the Company has been recognized as an expense in profit or loss and payment to the DGT was made through several overbookings refer to explanation for CIT 2008 above. Other than the agreed amounts noted above, management believes that these assessments are without merit. In particular, the disputed portion of the WHT article 26 assessment relates to the DGT’s interpretation of a clause in the Company’s CoW relating to WHT to be applied to dividends paid to founding shareholders of the Company. Management believes that the Company’s interpretation of the clause is correct, and the Company has received legal advice to that effect. Furthermore, the Company’s treatment is consistent with the treatment that has been adopted in previous years without challenge from the DGT. 14. Perpajakan lanjutan 14. Taxation continued e. Surat ketetapan pajak e. Tax assessment letters