DIVIDEN DIVIDENDS LK SMI Q1 2016 Final Released

AND ITS SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS FOR THE PERIOD ENDED MARCH 31, 2016 AND 2015 Expressed in thousands of Rupiah, unless otherwise stated Continued - 102 - Berdasarkan Rapat Umum Pemegang Saham Tahunan RUPST tahun 2014 yang diselenggarakan pada tanggal 25 Maret 2014 yang tertuang dalam Akta Notaris Leolin Jayayanti, S.H., No. 89NOTIII2014 tanggal 26 Maret 2014, pemegang saham memutuskan, antara lain, untuk membagi dividen per lembar saham sebesar Rp407,42 angka penuh dengan total pembayaran Rp2.416.611.132. Based on the Annual General Meeting of Shareholders AGMS in 2014 which was held on March 25, 2014 as stated in Notarial Deed of Leolin Jayayanti, S.H., No. 89NOTIII2014 dated March 26, 2014, the shareholders approved, among others, the distribution of dividend per share amounting to Rp407.42 full amount for a total amount paid of Rp2,416,611,132. 31. KEPENTINGAN NONPENGENDALI 31. NON-CONTROLLING INTERESTS

a. Kepentingan nonpengendali atas ekuitas entitas anak

a. Non-controlling interests in equity of subsidiaries

31 Maret 31 Desember March 31, December 31, 2016 2015 Unaudited Audited PT Semen Gresik 494.518 504.287 PT Semen Gresik PT Industri Kemasan Semen Gresik 77.231.885 78.713.174 PT Industri Kemasan Semen Gresik PT United Tractors Semen Gresik 52.469.692 51.093.893 PT United Tractors Semen Gresik PT Kawasan Industri Gresik 93.742.929 92.862.990 PT Kawasan Industri Gresik PT SGG Energi Prima 892.202 852.145 PT SGG Energi Prima PT SGG Prima Beton 17.318 18.655 PT SGG Prima Beton PT Krakatau Semen Indonesia 61.780.086 42.927.188 PT Krakatau Semen Indonesia PT Bima Sepaja Abadi 12.467.296 12.836.178 PT Bima Sepaja Abadi Thang Long Cement JSC 700.458.267 741.218.189 Thang Long Cement JSC Thang Long Joint Stock Thang Long Joint Stock Company 2 dan An Phu Company 2 and An Phu Cement Joint Stock Company 1.340 229.912 Cement Joint Stock Company Jumlah 999.552.853 1.021.256.611 Total

b. Bagian laba rugi yang diatribusikan kepada kepentingan nonpengendali

b. Income loss attributable to non- controlling interests

31 Maret 31 Maret March 31, March 31, 2016 2015 Unaudited Unaudited PT Semen Gresik 9.769 113.158 PT Semen Gresik PT Industri Kemasan Semen Gresik 3.664.452 1.993.656 PT Industri Kemasan Semen Gresik PT United Tractors Semen Gresik 1.375.799 3.418.785 PT United Tractors Semen Gresik PT Kawasan Industri Gresik 879.940 793.698 PT Kawasan Industri Gresik PT SGG Energi Prima 40.057 21.759 PT SGG Energi Prima PT SGG Prima Beton 1.337 215 PT SGG Prima Beton PT Krakatau Semen Indonesia 737.102 352.879 PT Krakatau Semen Indonesia PT Sistematika Informatika PT Sistematika Informatika Semen Indonesia 206.971 - Semen Indonesia PT Bima Sepaja Abadi 89.702 124.984 PT Bima Sepaja Abadi Thang Long Cement JSC 11.561.874 2.321.314 Thang Long Cement JSC Thang Long Joint Stock Thang Long Joint Stock Company 2 dan An Phu Company 2 dan An Phu Cement Joint Stock Company 406 276 Cement Joint Stock Company Jumlah 16.476.835 3.565.040 Total AND ITS SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS FOR THE PERIOD ENDED MARCH 31, 2016 AND 2015 Expressed in thousands of Rupiah, unless otherwise stated Continued - 103 - 32. PENDAPATAN

32. REVENUE

31 Maret 31 Maret March 31, March 31, 2016 2015 Unaudited Unaudited Pihak berelasi Related parties Penjualan semen 1.125.928.934 1.187.683.091 Sales of cement Pihak ketiga Third parties Penjualan semen 4.695.808.540 4.931.869.291 Sales of cement Beton siap pakai 103.637.573 99.295.530 Ready mix concrete Terak 36.310.294 56.690.739 Clinker Penjualan kantong semen 28.183.379 6.608.900 Sales of Cement bags Jasa penambangan 10.528.531 12.787.568 Mining services Persewaan tanah kawasan industri 5.921.883 5.822.267 Industrial estate land rental Jasa peledakan 2.593.977 - Blasting services Lain-lain 12.007.103 39.533.242 Others 4.894.991.280 5.152.607.537 Jumlah 6.020.920.214 6.340.290.628 Total Tidak ada penjualan kepada satu pelanggan yang melebihi 10 dari jumlah pendapatan. There were no sales to any party representing more than 10 of total revenue. Lihat Catatan 42 untuk rincian transaksi dan saldo dengan pihak berelasi. Refer to Note 42 for details of related parties transactions and balances. 33. BEBAN POKOK PENDAPATAN 33. COST OF REVENUE 31 Maret 31 Maret March 31, March 31, 2016 2015 Unaudited Unaudited Beban pabrikasi 3.199.019.942 3.321.879.386 Manufacturing overhead Tenaga kerja 384.615.053 341.696.198 Labor Pemakaian bahan baku 223.201.299 199.921.356 Raw materials used Jumlah beban produksi 3.806.836.294 3.863.496.940 Total manufacturing costs Persediaan barang dalam proses Work-in-progress inventories Pada awal tahun 381.459.871 537.981.100 At the beginning of the year Pembelian 148.879.523 141.099.627 Purchases Pada akhir periode 721.966.659 727.139.378 At the end of the period Harga pokok produksi 3.615.209.029 3.815.438.288 Cost of goods manufactured Persediaan barang jadi Finished goods inventory Pada awal tahun 253.029.285 242.247.369 At the beginning of the year Pembelian 94.267.650 63.889.400 Purchases Pada akhir periode 367.315.926 341.800.509 At the end of the period Beban pokok penjualan 3.595.190.038 3.779.774.548 Cost of goods sold Beban pokok penjualan tanah Cost of sales - industrial land kawasan industri dan lain-lain 672.677 803.205 and others Jumlah 3.595.862.715 3.780.577.753 Total Tidak ada pembelian dari satu pemasok yang melebihi 10 dari jumlah pendapatan. There were no purchases from any suppliers representing more than 10 of total revenue.