FINANCIAL RISK MANAGEMENT continued CAPITAL MANAGEMENT

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS continued DECEMBER 31, 2011 AND 2010, AND YEARS ENDED DECEMBER 31, 2011 AND 2010 Figures in tables are presented in billions of Rupiah, unless otherwise stated 112

48. SUMMARY OF SIGNIFICANT DIFFERENCES BETWEEN IFAS AND IFRS continued

DESCRIPTION IFAS RECONCILIATION IFRS CONSOLIDATED STATEMENT OF FINANCIAL POSITION DECEMBER 31, 2011 ASSETS CURRENT ASSETS Cash and cash equivalent 9,634 - 9,634 Available-for-sale financial assets 361 - 361 Trade Receivables - net Related parties 932 143 1,075 Third parties 3,983 - 3,983 Other receivables - net 335 - 335 Inventories - net 758 - 758 Advances and prepaid expenses 3,294 - 3,294 Claims for tax refund 371 - 371 Prepaid taxes 787 - 787 Assets held for sale 791 - 791 Other current assets 12 - 12 Total Current Assets 21,258 143 21,401 NON-CURRENT ASSETS Long term investments - net 235 - 235 Property, plant, and equipment - net 74,897 259 74,638 Prepaid pension benefit cost 991 226 765 Advances and other non-current assets 3,817 - 3,817 Intangible assets - net 1,789 2 1,791 Deferred tax assets - net 67 8 75 Total Non-current Assets 81,796 475 81,321 TOTAL ASSETS 103,054 332 102,722 112 NOTES TO CONSOLIDATED FINANCIAL STATEMENTS continued DECEMBER 31, 2011 AND 2010, AND YEARS ENDED DECEMBER 31, 2011 AND 2010 Figures in tables are presented in billions of Rupiah, unless otherwise stated 113

48. SUMMARY OF SIGNIFICANT DIFFERENCES BETWEEN IFAS AND IFRS continued

DESCRIPTION IFAS RECONCILIATION IFRS CONSOLIDATED STATEMENT OF FINANCIAL POSITION DECEMBER 31, 2011 continued LIABILITIES AND EQUITY CURRENT LIABILITIES Trade payables Related parties 838 - 838 Third parties 7,479 - 7,479 Other payables 37 - 37 Taxes payables 1,039 - 1,039 Dividend payables 1 - 1 Accrued expenses 4,790 - 4,790 Unearned income 2,821 - 2,821 Advances from customers and suppliers 271 - 271 Short-term bank loans 100 - 100 Current maturities of long-term liabilities 4,813 - 4,813 Total Current Liabilities 22,189 - 22,189 NON-CURRENT LIABILITIES Deferred tax liabilities - net 3,794 346 3,448 Unearned income 242 - 242 Long service awards provisions 287 - 287 Post-retirement health care benefits provisions 888 673 1,561 Pension and other post-retirement benefit costs provisions 1,715 1,296 3,011 Long term liabilities- net of current maturities Obligations under finance leases 314 - 314 Two step loans - related party 2,012 - 2,012 Bonds and notes 3,401 - 3,401 Bank loans 7,231 - 7,231 Total Non-current Liabilities 19,884 1,623 21,507 TOTAL LIABILITIES 42,073 1,623 43,696