DEFERRED EXPLORATION Laporan Keuangan Interim 31.03.2014

PT GOLDEN EAGLE ENERGY Tbk DAN ENTITAS ANAK CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN 31 MARET 2014 DAN 31 DESEMBER 2013 DAN PERIODE TIGA BULAN YANG BERAKHIR PADA TANGGAL 31 MARET 2014 DAN 31 MARET 2013 – Lanjutan PT GOLDEN EAGLE ENERGY Tbk AND ITS SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS MARCH 31, 2014 AND DECEMBER 31, 2013 AND FOR THE THREE MONTHS PERIODS ENDED MARCH 31, 2014 AND MARCH 31, 2013– Continued - 44 - 1 Januari 2014 Penambahan Pengurangan 31 Maret 2014 January 1, 2014 Additions Deductions March 31, 2014 Rp Rp Rp Rp Biaya perolehan At cost Area of interest yang belum Area of interest which have not mencapai tahap operasi yet reached the commercial produksi komersial production stage Musi Rawas 180.621.779.008 21.218.061.395 - 201.839.840.403 Musi Rawas 1 Januari 2013 Penambahan Pengurangan 31 Desember 2013 January 1, 2013 Additions Deductions December 31, 2013 Rp Rp Rp Rp Biaya perolehan At cost Area of interest yang belum Area of interest which have not mencapai tahap operasi yet reached the commercial produksi komersial production stage Musi Rawas 118.645.905.278 61.975.873.730 - 180.621.779.008 Musi Rawas Seluruh beban bunga sebesar Rp 5.408.725.741 dikapitalisasi pada tanggal 31 Maret 2014. All of the interest expense amounting to Rp 5,408,725,741 is capitalized as of March 31, 2014. Manajemen berkeyakinan bahwa tidak diperlukan penyisihan penurunan nilai biaya eksplorasi ditangguhkan pada tanggal 31 Maret 2014 dan 31 Desember 2013. Management believes that no allowance for decline in value of deferred exploration expenses was required as of March 31, 2014 and December 31, 2013. 12. GOODWILL 12. GOODWILL Merupakan selisih nilai transaksi dengan nilai wajar aset bersih atas perolehan saham MRK oleh NMMJ. This represents the excess of the consideration paid over the fair value of the net assets acquired for MRK by NMMJ. Jumlah tercatat tersebut merupakan biaya perolehan sebesar Rp 2.391.000.000 setelah dikurangi akumulasi amortisasi sebesar Rp 1.075.950.000. Efektif 1 Januari 2011, NMMJ menghentikan amortisasi goodwill. Akumulasi amortisasi dieliminasi terhadap biaya perolehan yang tercatat. The carrying amount represents the acquisition cost amounting to Rp 2,391,000,000 net of accumulated amortization amounting to Rp 1,075,950,000. Effective January 1, 2011, NMMJ has discontinued the amortization of goodwill. The accumulated amortization was eliminated against the recorded cost. Grup menetapkan nilai terpulihkan dari goodwill, dan menentukan bahwa goodwill yang terkait dengan aktivitas investasi pertambangan batubara MRK tidak diturunkan nilainya pada 31 Maret 2014 dan 31 Desember 2013. The Group assessed the recoverable amount of goodwill, and determined that goodwill associated with investment in coal mining activities of MRK was not impaired at March 31, 2014 and December 31, 2013. Nilai terpulihkan atas aktivitas tersebut ditentukan dengan mengacu pada nilai pakai unit kas yang dihasilkan. Jumlah terpulihkan dari unit penghasil kas ditentukan berdasarkan perhitungan nilai pakai. The recoverable amount of the activities was assessed by reference to the cash generating unit’s value in use. The recoverable amount of the cash-generating unit is determined based on a value in use calculation. Manajemen berpendapat bahwa setiap perubahan yang mungkin terjadi pada asumsi utama berdasarkan jumlah yang terpulihkan tidak akan menyebabkan nilai tercatat agregat melebihi jumlah terpulihkan agregat unit penghasil kas. Management believes that any reasonably possible change in the key assumptions on which recoverable amount is based, would not cause the aggregate carrying amount to exceed the aggregate recoverable amount of the cash- generating unit. PT GOLDEN EAGLE ENERGY Tbk DAN ENTITAS ANAK CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN 31 MARET 2014 DAN 31 DESEMBER 2013 DAN PERIODE TIGA BULAN YANG BERAKHIR PADA TANGGAL 31 MARET 2014 DAN 31 MARET 2013 – Lanjutan PT GOLDEN EAGLE ENERGY Tbk AND ITS SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS MARCH 31, 2014 AND DECEMBER 31, 2013 AND FOR THE THREE MONTHS PERIODS ENDED MARCH 31, 2014 AND MARCH 31, 2013– Continued - 45 - 13. KAS DIBATASI PENGGUNAANNYA

13. RESTRICTED CASH

Kas dibatasi penggunaannya merupakan rekening giro pada PT Bank Negara Indonesia 1946 Persero Tbk sebagai jaminan reklamasi dan penutupan tambang Catatan 27c. Restricted cash represents giro account in PT Bank Negara Indonesia 1946 Persero Tbk used as a reclamation and mine closure guarantee Note 27c. 14. UTANG LAIN-LAIN KEPADA PIHAK KETIGA 14. OTHER ACCOUNTS PAYABLE TO THIRD PARTIES 31 Maret 2014 31 Desember 2013 March 31, 2014 December 31, 2013 Rp Rp Rupiah Rupiah Teddy Setiawan 1,977,000,000 1,977,000,000 Teddy Setiawan PT Swarnadipa Dermaga Jaya 220,000,000 220,000,000 PT Swarnadipa Dermaga Jaya PT Quantus Consultants Indonesia - 987,437,231 PT Quantus Consultants Indonesia PT Anugerah Perkasatama - 369,375,000 PT Anugerah Perkasatama Lain - lain 918,036,308 799,207,977 Others Sub jumlah 3,115,036,308 4,353,020,208 Sub total Dolar Amerika Serikat U.S. Dollar Teddy Setiawan 22,579,920,000 24,134,220,000 Teddy Setiawan Jumlah 25,694,956,308 28,487,240,208 Total Teddy Setiawan TS Teddy Setiawan TS TS merupakan pemegang saham nonpengendali TRA. Utang kepada TS merupakan pinjaman yang diterima untuk pengembangan TRA. Pinjaman ini tidak dikenakan bunga dan tidak terdapat syarat-syarat pembayaran yang pasti. TS is a non-controlling shareholder of TRA. Payable to TS represents loan received for the development of TRA. This loan is non-interest bearing and has no definite terms of repayment. Utang lain-lain kepada pihak ketiga tidak dikenakan bunga, tanpa jaminan dan dapat ditagih sewaktu-waktu. The other accounts payable to third parties are not subject to interest, have no collateral and are payable on demand.

15. UTANG PAJAK

15. TAXES PAYABLE

31 Maret 2014 31 Desember 2013 March 31, 2014 December 31, 2013 Rp Rp Pajak kini Catatan 24 1.010.850.375 1.010.850.375 Current tax Note 24 Pajak penghasilan Income taxes Pasal 21 201.287.894 437.460.360 Article 21 Pasal 23 119.967.815 66.675.205 Article 23 Pajak Pertambahan Nilai 12.572.100 - Value Added Taxes Jumlah 1.344.678.184 1.514.985.940 Total