MINING PROPERTIES continued LKFS Bayan Resources 0317

PT BAYAN RESOURCES Tbk. DAN ENTITAS ANAKAND SUBSIDIARIES Lampiran 562 Schedule CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN 31 MARET 2017 DAN 2016 Dinyatakan dalam Dolar Amerika Serikat, kecuali dinyatakan lain NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS 31 MARCH 2017 AND 2016 Expressed in United States Dollars, unless otherwise stated 13. PROPERTI PERTAMBANGAN lanjutan

13. MINING PROPERTIES continued 31 Desember

December 2016 Tingkat diskonto 11.0 - 13.1 Discount rates Dasar perkiraan harga batubara 4 - 5 tahun ke depan 59.0-62.3ton Base coal price 4-5 year forecast Manajemen menentukan asumsi utama berdasarkan pengalaman masa lalu, ekspektasi perkembangan pasar dan sumber eksternal. Management determined the key assumptions based on past experience, its expectations of market development and external sources. Manajemen berkeyakinan bahwa penyisihan penurunan nilai properti pertambangan pada tanggal 31 Maret 2017 cukup untuk menutup kerugian penurunan nilai properti pertambangan. Management believes that the provision for impairment in the value of mining properties as at 31 March 2017 is adequate to cover any losses from the impairment of mining properties. 14. UTANG USAHA 14. TRADE PAYABLES 31 Maret 31 Desember March December 2017 2016 Pihak ketiga 32,328,647 25,543,709 Third parties Pihak berelasi: Related parties: - NMN 1,064,683 400,147 NMN - - PT Aneka Samudera Lintas “ASL” 286,468 415,544 PT Aneka Samudera Lintas “ASL” - - PT Lian Beng Energy 131,755 131,678 PT Lian Beng Energy - - BI 111,348 57,986 BI - 1,594,254 1,005,355 33,922,901 26,549,064 Komposisi utang usaha Trade payables berdasarkan mata uang composition based adalah sebagai berikut: on currency is as follows: - Rupiah 22,882,229 16,451,768 Rupiah - - Dolar AS 10,641,130 9,831,958 US Dollars - - Dolar Singapura 332,541 92,607 Singapore Dollars - - Dolar Australia 34,025 15,663 Australian Dollars - - Euro 19,967 144,478 Euro - - Yen Jepang 10,124 9,746 Japanese Yen - - Ringgit Malaysia 1,854 1,830 Malaysian Ringgit - - Pound Sterling 1,031 1,014 Pound Sterling - 33,922,901 26,549,064 Jumlah utang usaha kepada pihak berelasi adalah 0.27 dan 0,16 dari jumlah liabilitas masing-masing pada tanggal 31 Maret 2017 dan 31 Desember 2016. Total trade payables to related parties represented 0.27 and 0.16 of total liabilities as at 31 March 2017 and 31 December 2016 respectively. Utang usaha berasal dari pembelian barang dan jasa. The trade payables arose from the purchase of goods and services. Lihat Catatan 28 untuk rincian transaksi dengan pihak berelasi. Refer to Note 28 for details of related party transactions. PT BAYAN RESOURCES Tbk. DAN ENTITAS ANAKAND SUBSIDIARIES Lampiran 563 Schedule CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN 31 MARET 2017 DAN 2016 Dinyatakan dalam Dolar Amerika Serikat, kecuali dinyatakan lain NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS 31 MARCH 2017 AND 2016 Expressed in United States Dollars, unless otherwise stated 15. AKRUAL 15. ACCRUALS 31 Maret 31 Desember March December 2017 2016 Pengupasan tanah dan Overburden removal and pengangkutan batubara 20,380,853 12,462,035 coal hauling Royaltiiuran eksploitasi 3,164,187 5,986,336 Royaltyexploitation fees Biaya pengangkutan dan sewa kapal 3,043,355 2,750,937 Barging and vessel rental Lain-lain masing-masing Others di bawah AS1.000.000 6,536,597 7,700,812 each below US1,000,000 33,124,992 28,900,120 16. PINJAMAN JANGKA PANJANG

16. LONG-TERM LOANS 31 Maret

31 Desember March December 2017 2016 Pihak ketiga Third parties - New Club Deal 419,211,861 484,211,861 New Club Deal - - Akrual beban bunga “PIK” 6,477,418 5,415,849 Accrued PIK Interest- - Biaya pinjaman yang Unamortised - belum diamortisasi 2,624,396 2,779,046 debt issuance cost 423,064,883 486,848,664 Biaya keuangan Finance expenses Beban bunga 9,129,461 43,032,404 Interest expense Amortisasi biaya pinjaman dan Amortisation of debt issuance and biaya pinjaman tahun berjalan 154,650 2,794,227 current year costs 9,284,111 45,826,631 New Club Deal New Club Deal Pada tanggal 10 April 2012, Perusahaan memperoleh fasilitas pinjaman New Club Deal sebesar AS750 juta. Fasilitas ini terdiri atas Fasilitas Pinjaman Berjangka “TLF” sebesar AS400 juta, Fasilitas Belanja Modal “CPXF” sebesar AS200 juta, dan Fasilitas Modal Kerja “WCF” sebesar AS150 juta dengan tingkat suku bunga LIBOR ditambah marjin tertentu berkisar 4,25 - 4,85 per tahun diatas LIBOR, tergantung dengan rasio net debt to EBITDA Perusahaan. Fasilitas pinjaman New Club Deal digunakan oleh Perusahaan untuk pembiayaan kembali Club Deal dan Fasilitas Talangan dan untuk penambahan dana investasi infrastruktur dan pemenuhan modal kerja bagi Grup, dimana fasilitas tersebut digunakan oleh Perusahaan dan entitas anaknya, melalui pinjaman antar entitas kepada entitas anak. Pada tanggal 31 Maret 2017, porsi saldo pinjaman tersisa yang disediakan melalui pinjaman antar entitas untuk entitas anak adalah 57 2016: 52 dari total saldo pinjaman jangka panjang. On 10 April 2012, the Company obtained a New Club Deal loan facility amounting to US750 million. The facility consists of a US400 million Term Loan Facility “TLF”, a US200 million Capex Facility “CPXF”, and a US150 million Working Capital Facility “WCF”, with an interest rate of LIBOR plus a certain margin ranging from 4.25 - 4.85 p.a, over LIBOR subject to the Companys net debt to EBITDA ratio. The New Club Deal loan facility was used by the Company to refinance the Club Deal and Bridging Facility and to provide additional debt to partially fund infrastructure investments and working capital requirements for the Group, whereby the facility was used by the Company and its subsidiaries, through intercompany loans to the subsidiaries. As at 31 March 2017, the portion of the outstanding loan balance provided through intercompany loans to subsidiaries is 57 2016: 52 of the total outstanding long-term loan balance. Pihak-pihak yang memberikan pinjaman adalah ANZ, Mandiri, HSBC, SCB, SMBC, JP Morgan Chase Bank “JPM” dan Natixis. Pada 31 Maret 2017 Natixis telah menjual keseluruhan bagiannya kepada Perusahaan ke beberapa pemberi pinjaman yang baru. The original lenders are ANZ, Mandiri, HSBC, SCB, SMBC, JP Morgan Chase Bank “JPM” and Natixis. As of 31 March 2017 Natixis has fully sold its exposure to the Company to a number of new lenders.