annual report 2015.compressed

KAI sebagai penyedia jasa transportasi perkeretaapian terus berkomitmen memberikan upaya dan hasil terbaik bagi segenap pemangku kepentingan. Selama lima tahun terakhir KAI telah menunjukkan peningkatan kinerja yang signifikan, baik terkait indikator kinerja keuangan maupun operasional. Hal tersebut sejalan dengan implementasi strategi dan program transformasi yang terus digulirkan untuk mencapai tujuan KAI “Menjadi Solusi Transportasi Terbaik di Indonesia”. Dengan menerapkan prinsip Tata Kelola Perusahaan yang Baik, inovasi pelayanan tiada henti dan didukung oleh sumber daya manusia yang kompeten dan profesional maka sepanjang tahun 2015 KAI tidak hanya berhasil mencapai target kinerja dan merealisasikan rencana bisnis perusahaan, namun juga telah memberikan kontribusi nyata dalam membangun konektivitas transportasi multimoda yang memudahkan para pelanggannya.

Hal tersebut sejalan dengan aspirasi kami untuk dapat memberikan yang terbaik kepada segenap pemangku kepentingan (Stakeholders) berupa kemakmuran ekonomi, kesejahteraan sosial, dan kelestarian alam. KAI berkomitmen akan terus konsisten memberikan karya terbaik sebagai bakti perusahaan untuk negeri, dengan layanan jasa yang diberikan agar dapat memberikan inspirasi, bekerja dan tumbuh bersama untuk Indonesia yang lebih baik.

KAI as railway transportation service provider continues to make efforts and provides superior results for all stakeholders. Over the last five years KAI has demonstrated a significant performance improvement, both in financial and operational. This is in line with the implementation of the strategy and transformation program that continue to roll to achieve the objectives of KAI “Becoming the Best Transport Solution in Indonesia”.

By applying the principles of Good Corporate Governance, endless service innovation supported by competent and professional human resources throughout 2015, KAI has not only managed to achieve performance targets and realized the company business plan, but also have contributed significantly in building transport connectivity facilitating customers.

This is in line with our aspiration to be able to give the best to all Stakeholders in the form of economic prosperity, social welfare, and preservation of nature. KAI is committed to consistently continue delivering the best as a service for the country through services provided in order to provide inspiration, work and grow together for a better Indonesia.

Transformasi dan Inovasi Pelayanan Berkelanjutan,

Persembahan untuk Negeri

Sustainable Transformation and Services Innovation,

Dedication for the Country

1

Tentang Anak Perusahaan

Subsidiaries Overview

Analisa Pembahasan Manajemen

Management Discussion & Analysis

Tinjauan Pendukung Bisnis

Business Support Overview

Tata Kelola Perusahaan

Corporate Governance

Tanggung Jawab Sosial Perusahaan

Corporate Social Responsibility

Laporan Keuangan

Financial Report ReferensiKriteria ARA 2015

ARA 2015 Criteria Reference

Theme Continuity

2013

Transformasi Menuju Pelayanan Prima Transformation To Service Excellence

2014

Komitmen Terhadap Inovasi dan Kualitas Layanan Committed to Innovation and Service Quality

Peningkatan kinerja perusahaan memberikan dampak langsung bagi keberhasilan inovasi dalam perbaikan pelayanan pelanggan. Dengan menerapkan strategi pertumbuhan yang tepat, KAI telah berinvestasi untuk membangun sarana dan prasarana, yang akan memastikan tercapainya sasaran kinerja 2014. Selain itu juga tercapainya empat pilar utama perusahaan, yaitu keselamatan, ketepatan waktu, pelayanan dan keamanan.

Improvement of company performance has an immediate impact to the success of innovation in the improvement of customer service. By applying the correct growth strategy, KAI has invested in building facilities and infrastructures, which will ensure the achievement of the performance targets in 2014 as well as the four main pillars of the company: safety, punctuality, service and security

KAI akan terus melanjutkan pembangunan dan pengembangan jalur dan layanan kereta api, agar perkembangan moda transportasi ini menjadi nyaman, aman, tepat waktu, dan modern. Selain itu, KAI memiliki berbagai keunggulan kompetitif dalam membangun konektivitas transportasi multimoda untuk meningkatkan efisiensi dan efektivitas sistem logistik nasional. Berbagai inovasi teknologi informasi pun telah dilakukan, antara lain melalui integrasi sistem layanan TI dengan fokus utama meningkatkan kualitas layanan menjadi lebih baik dengan implementasi Mesin Cetak Tiket Mandiri, Aplikasi KAI Access, E-Parking, dan E-Gate.

KAI will continue the construction and development of railway lines and services, so that the development of this transportation becomes more convenient, safer, punctual, and modern. In addition, KAI has a competitive advantage in building multimode transport connectivity to improve the efficiency and effectiveness of the national logistics system. Various information technology innovations have been applied, among others through IT systems integration focusing on improving quality of service with the implementation of Manual Printing Machine Tickets , KAI Application Access, E-Parking, and E-Gate.

2015

Transformasi dan Inovasi Pelayanan Berkelanjutan, Persembahan untuk Negeri Sustainable Transformation and Services Innovation, Dedication for the Country

Aspirasi KAI adalah untuk dapat memberikan yang terbaik kepada segenap pemangku kepentingan (stakeholders) berupa kemakmuran ekonomi, kesejahteraan sosial, dan kelestarian alam. KAI berkomitmen memberikan karya terbaik sebagai bakti perusahaan untuk negeri, dengan layanan jasa yang diberikan agar dapat memberikan inspirasi, bekerja dan tumbuh bersama untuk Indonesia yang lebih baik

KAI aspiration is to be able to give the best to all stakeholders in the form of economic prosperity, social welfare, and preservation of nature. KAI is committed to consistently continue delivering the best as a service for the country through services provided in order to provide inspiration, work and grow together for a better Indonesia.

3

Tentang Anak Perusahaan

Subsidiaries Overview

Analisa Pembahasan Manajemen

Management Discussion & Analysis

Tinjauan Pendukung Bisnis

Business Support Overview

Tata Kelola Perusahaan

Corporate Governance

Tanggung Jawab Sosial Perusahaan

Corporate Social Responsibility

Laporan Keuangan

Financial Report ReferensiKriteria ARA 2015

ARA 2015 Criteria Reference

Table of Contents

Kesinambungan Tema Theme Continuity Daftar Isi Table of Contents

Peran Kereta Api Dalam Pembangunan Ekonomi Berkelanjutan Role of Railways in Sustainable Economic Development

Ikhtisar Data Keuangan Penting Summary of Key Financial Information Penghargaan dan Sertifikasi 2015

Awards and Certifications 2015 Kaleidoskop 2015

Kaleidoscope 2015

Pendahuluan

Introduction

Laporan Kepada Pemegang Saham

dan Pemangku Kepentingan

Report to Shareholders and Stakeholders

Laporan Dewan Komisaris

Report from the Board of Commissioners Profil Dewan Komisaris

Profile of Board of Commissioners Laporan Direksi

Report of the Board of Directors Profil Direksi

Profile of Directors

Surat Pernyataan Dewan Komisaris dan Direksi Tentang Tanggung Jawab atas Laporan Tahunan 2015

Statement Letter of Board of Commissioners and Board of Directors Concerning Responsibility for the Annual Report 2015

Profil Perusahaan

Company Profile

Identitas Perusahaan Corporate Identity Jejak Langkah Milestone

Sekilas KAI KAI Overview

Visi, Misi Budaya dan Logo Perusahaan Vision, Mission and Company Logo Tujuan, Sasaran dan Strategi Perusahaan Goals, Objectives and Strategy of the Company Bidang Usaha Business Fields

Portofolio Bisnis KAI Business Portfolio of KAI Jasa Layanan KAI KAI Services

Informasi Kepemilikan Saham dan Pemegang Saham Information of Shareholder and Ownership

Struktur Grup Perusahaan, Anak Perusahaan dan Perusahaan Asosiasi Companies Structure , Subsidiaries and Associated Companies

2 4 8 16 23 35

44 56 65 80 91

94 96 98 101 108 114 116 118 120 122

Tentang Anak Perusahaan

Subsidiaries Overview

Analisa Pembahasan Manajemen

Management Discussion & Analysis

Tinjauan Pendukung Bisnis

Business Support Overview

Tata Kelola Perusahaan

Corporate Governance

Tanggung Jawab Sosial Perusahaan

Corporate Social Responsibility

Laporan Keuangan

Financial Report ReferensiKriteria ARA 2015

ARA 2015 Criteria Reference

5

Struktur Organisasi Organization Structure

Kronologis Pencatatan Saham Chronological Listing of Shares Kronologis Pencatatan Efek Lainnya

Chronological Listing of Other Securities Lembaga Profesi Penunjang Perusahaan Profession Institutions - Supporting Company Wilayah Operasional dan Alamat Unit Usaha Operational Area and Business Units

Kerjasama dengan Pihak Ketiga Cooperation with Third Parties

Tentang Anak Perusahaan

Subsidiaries Overview

PT Reska Multi Usaha (PT RMU) PT Railink

PT KAI Commuter Jabodetabek PT KA Properti Manajemen PT Kereta Api Logistik PT KA Pariwisata

Analisa dan Pembahasan

Manajemen

Management Discussion and Analysis

Tinjauan Industri Industry Review Prospek Usaha dan Rencana Ke Depan Business Prospects and Future Plans Tinjauan Operasi Per Segmen Usaha Performance Overview by Business Segmen

Tinjauan Kinerja Keuangan Financial Performance Review Analisis Posisi Keuangan Financial Position Analysis Arus Kas Cash Flow

Analisa tentang Kemampuan Perusahaan dalam Membayar Utang dan Tingkat Kolektibilitas Piutang

Analysis on Debt Settlement Ability and Receivable Collectible Rate Struktur Modal Capital Structure

Investasi Barang Modal Capital Expenditure Investment Ikatan yang Material untuk Investasi Barang Modal Bonding Material for Capital Expenditure Investments

Perbandingan RKAP Tahun 2015 terhadap Realisasi Tahun 2015 dan Proyeksi Tahun 2016

Comparison of Projected and Actual CBP 2015 and Projected CBP 2016 Kebijakan Dividen Dividend Policy

Realisasi Penggunaan Dana Hasil Penawaran Umum Utilization of Proceeds from Public Offering

192 200 204 222 230 237 240

242 243 245 248

251 254 124 126 126 126 130 133

140 148 156 164 172 182

Perubahan Peraturan dan Dampaknya terhadap Perusahaan Regulation Changes and Their Impact on the Company

Informasi Material Mengenai Investasi, Ekspansi, Divestasi, Penggabungan/ Peleburan Usaha, Akuisisi atau Restrukturisasi Utang/Modal

Material Information Concerning Investment, Expansion, Divestment, Merger / Business Consolidation, Acquisition, or Debt / Capital Restructuring Informasi Material yang Mengandung Benturan Kepentingan

Material Information containing Conflict of Interest

Perubahan Kebijakan Akuntansi Changes in Accounting Policies Kontribusi Kepada Negara Contribution to The Country Kejadian Setelah Tanggal Laporan Keuangan

Events After Financial Reporting

Program Kepemilikan Saham oleh Karyawan dan/atau Manajemen yang Dilaksanakan Perusahaan (ESOP/MSOP)

Employee Stock Ownership Plan and Manager Stock Owning Plan Informasi Kelangsungan Usaha Business Continuity Information

Tinjauan Pendukung Bisnis

Business Support Review

Sumber Daya Manusia Human Resources (HR) Pemasaran Marketing

Teknologi Informasi Information Technology

Tata Kelola Perusahaan

Corporate Governance

Pendahuluan Preliminary

Struktur Tata Kelola Governance Structure RUPS GMS

Dewan Komisaris Board of Commissioners Direksi Board of Directors

Kebijakan Remunerasi Dewan Komisaris dan Direksi

Remuneration Policy of The Board of Commissioners and Board of Directors Komite Di bawah Dewan Komisaris

Committee Under the Board of Commissioners

Sekretaris Dewan Komisaris Secretary of the Board of Commissioners Sistem Pengendalian Internal Internal Control System

Unit Manajemen Risiko Risk Management Unit

255 260

263 267 270 271 272

273

278 329 342

368 381 383 396 423 452 457 481 484 488

Tentang Anak Perusahaan

Subsidiaries Overview

Analisa Pembahasan Manajemen

Management Discussion & Analysis

Tinjauan Pendukung Bisnis

Business Support Overview

Tata Kelola Perusahaan

Corporate Governance

Tanggung Jawab Sosial Perusahaan

Corporate Social Responsibility

Laporan Keuangan

Financial Report ReferensiKriteria ARA 2015

ARA 2015 Criteria Reference

7

Akuntan Publik Public Accountants

Laporan Internal Audit Internal Audit Reports Sekretaris Perusahaan Corporate Secretary Akses Informasi dan Data Perusahaan Access to Corporate Information and Data Kode Etik Code of Ethics

Pengadaan Barang dan Jasa Goods and Services Procurement Whistleblowing System

Perkara Penting Yang Sedang Dihadapi Direksi dan Dewan Komisaris yang sedang Menjabat

Important Cases Faced by appointed BOC and BOD

Tanggung Jawab Sosial

Perusahaan

Corporate Social Responsibility

Kebijakan dan Ruang Lingkup CSR Policies and Scope of CSR Struktur Pengelola, Anggaran dan Kinerja CSR

CSR Management Structure, Budget and Performance Peran Serta Melestarikan Lingkungan Hidup

Participation in Preserving the Environment

Peduli Tenaga Kerja, Keselamatan dan Kesehatan Kerja Labor, Occupational Safety and Health Care

Tumbuh dan Berkembang Bersama Masyarakat Growing Together with Society

Pelayanan Prima Kepada Pelanggan Excellent Service To Customers Keberlanjutan CSR di Masa Depan CSR Future Sustainability

Laporan Keuangan

Financial Report

Referensi Kriteria ARA 2015

ARA 2015 Criteria Reference

508 510 518 529 536 546 553 560

569 573 581 591 604 617 633

636

Peran Kereta Api dalam

Pembangunan Ekonomi Berkelanjutan

Role of Railways in Sustainable

Economic Development

Kereta Api adalah moda transportasi massal yang efektif, untuk jarak jauh dan dekat, serta dapat memenuhi kebutuhan dasar manusia dalam mempermudah dan mengakomodasi seluruh aktivitas ekonomi dan sosial. Keberadaannya sebagai sarana transportasi berbagai jenis barang, jasa, dan sumber daya manusia dari satu tempat ke tempat yang lain yang pada akhirnya dapat menggerakan perekonomian masyarakat. Lebih dari itu, mendorong terjadinya multiplier effect bagi masyarakat pengguna jasa maupun komunitas sekitar. Konsumen dalam memilih moda transportasi publik yang diinginkan tergantung pada banyak hal, diantaranya adalah faktor pelayanan dan kenyamanan, keandalan alat transportasi, keselamatan dalam perjalanan, biaya, jarak tempuh, fleksibilitas, kecepatan, tingkat polusi, dan sebagainya.

Train is the effective mass transportation, for long and short distances, and able to meet the basic human needs in facilitating and accommodating all social and economic activities. Its existence as a means of transport of different types of goods, services, and human resources from one place to another, will in turn drive the economy of the community. It will also encourage a multi flyer effect for public service users and the surrounding community. Consumers are selecting the desired mode of public transport based on many things, including the factor of service and comfort, reliability of transportation, safety in travel, expenses, mileage, flexibility, speed, pollution, and so forth.

9

Angkutan Massal Barang dan Penumpang

Mass transportation of freight and passengers

Keunggulan Moda

Kereta Api

Railways

Advantages

Operasional Tidak

Terlalu Dipengaruhi

Oleh Cuaca

Operations are not affected by weather

Lebih Hemat Energi dan Ramah Lingkungan

More Energy Efficient and Environmentally Friendly

Memiliki

Jalan Tersendiri

Sehingga Tingkat

Keselamatan

Cukup Tinggi

Has separated lines thus safety level is quite high

Jika dibandingkan dengan moda transportasi lain, kereta api merupakan moda transportasi yang sesuai untuk mengangkut muatan berjumlah besar dalam jarak jauh, membawa sejumlah besar penumpang dalam jarak sedang, dan sebagai sarana angkutan komuter di kota-kota besar. Per satuan kilometer penumpang atau persatuan kilometer ton barang diangkut, moda transportasi kereta api relatif lebih efisien dalam mengkonsumsi energi dibandingkan dengan moda transportasi lain. Moda kereta api memiliki keunggulan sebagai angkutan masal yang hemat energi dan ramah lingkungan sesuai dengan tujuan pertumbunan ekonomi berkelanjutan.

When compared to other modes of transport, the railway is the transportation mode that is suitable for transporting cargo of large amounts over long distances, carrying a large number of passengers in middle distance, and as a means of commuters transport in major cities. When measured by transportation unit of Per passenger kilometers or per tons kilometers, railway transportation mode is relatively more efficient in energy consumption compared to other transportation modes. Railway has advantages as an energy-efficient mass transportation and environmentally friendly in accordance with the objectives of sustainable economic growth. Pesawat Terbang Airplane Bis Bus Kapal Laut Ship Kereta Api Train 40 0.5 10 3 Pesawat Terbang Airplane Bis Bus Kapal Laut Ship Kereta Api Train 500 40 1.500 1.500 Pesawat Terbang Airplane Bis Bus Kapal Laut Ship Kereta Api Train 0.08 0.0125 0.006 0.002 Pesawat Terbang Airplane Bis Bus Kapal Laut Ship Kereta Api Train 40 6.25 3 1

Rata-rata Penumpang Terangkut (orang)

Average of Passenger Transported (Person)

Penggunaan Bahan Bakar per Kilometer Penumpang (liter)

Average of Passenger Transported (Person)

Rasio Penggunaan Bahan Bakar / Penumpang

Ratio of Usage Fuels / Passenger

Indeks (Kereta Api = 1)

Index (Train = 1) Tentang Anak Perusahaan Subsidiaries Overview Analisa Pembahasan Manajemen Management Discussion & Analysis

Tinjauan Pendukung Bisnis Business Support Overview Tata Kelola Perusahaan Corporate Governance Tanggung Jawab Sosial Perusahaan Corporate Social Responsibility Laporan Keuangan

Financial Report ReferensiKriteria ARA 2015

ARA 2015 Criteria Reference

Pionir Modernisasi Antar Moda

Airport Railway : Pioneer of Inter Mode Modernization

Isu integrasi antar moda transportasi kini tengah mengemuka. Pemerintah berharap agar seluruh moda transportasi umum terhubung satu sama lain. Selain untuk memudahkan masyarakat dalam mengakses sarana transportasi umum, integrasi diyakini bakal menciptakan efisiensi waktu dan mengurangi kepadatan lalu lintas di jalan raya.

Pada tahun 2013, KAI melalui anak perusahaannya, PT Railink, membangun kereta api (KA) Bandara, yang merupakan integrasi antara moda transportasi KA dengan pesawat terbang. KA Bandara Kualanamu Medan merupakan yang pertama di Indonesia, dengan fasilitas dan pelayanan yang menjadi standar baru dalam dunia perkeretaapian Indonesia.

Kami ikut serta dalam rencana pengembangan pembangunan kereta api seperti Light Rail Transit (LRT), Mass Rapid Transit (MRT) dan sejumlah KA Bandara di beberapa kota di Indonesia. Walaupun menghadapi sejumlah kendala, namun kami optimis dapat menyelesaikannya dengan baik. Hingga tepatlah jika KAI menjadi pionir modernisasi antar moda.

The issue of integration between transportation modes is now being raised. The government expects all public transport modes are connected to one another. In addition to facilitate the public to access public transport, integration is believed to create efficiency and reduce traffic jam.

In 2013, KAI through its subsidiaries, PT Railink, developed airport rail, which is an integration between modes of transport of railway and plane. Medan Kuala Namu Airport is the first airport rail in Indonesia, with facilities and services that set new standards in the world of Indonesian railways.

We participate in the development plan of railway construction such as the Light Rail Transit (LRT), Mass Rapid Transit (MRT) and the number of railway services in several cities in Indonesia. Despite facing a number of obstacles, we are optimistic that we can finish them well. Thus KAI became pioneer of inter mode modernization.

11

Mengoptimalkan Kinerja Operasi,

Meningkatkan Kinerja Perusahaan Keseluruhan

Optimizing Operational Performance, Improve Overall Corporate Performance

KAI terus memberikan yang terbaik dalam melayani pelanggan, dengan dukungan sarana dan prasarana yang dapat diandalkan. Hal tersebut tercermin dari pencapaian indikator operasional berikut:

KAI continues to provide the best in customer service, with support reliable facilities and infrastructure. This was reflected in the achievement of the following operational indicators:

2015 2014 2013

5.500

5.000 6.000 6.500 7.000

Gerbong Siap Operasi (Unit) Tahun 2013-2015

Total Carriage Ready for Operation (Unit) 2014-2015

2015 2014 2013

0 200 400

Volume Total Angkutan Penumpang (Juta) 2013-2015

Total Passenger Transport Volume (Million) 2014-2015

2015 2014 2013

0 20.000 40.000

Volume Total Angkutan Barang (juta ton) Tahun 2013-2015

Total Freight Transport Volume (Million Tons) 2013-2015

Jumlah Kilometer-Ton Barang (Juta Km)

Total Freight Tons-Km (Million Km) Jumlah Kilometer- Penumpang (Juta Km)Total Passenger-Kilometer (Million Km) Indeks Survei Kepuasan Pelanggan 2013-2015Customer Satisfaction Index 2014-2015 Tentang

Anak Perusahaan

Subsidiaries Overview

Analisa Pembahasan Manajemen

Management Discussion & Analysis

Tinjauan Pendukung Bisnis

Business Support Overview

Tata Kelola Perusahaan

Corporate Governance

Tanggung Jawab Sosial Perusahaan

Corporate Social Responsibility

Laporan Keuangan

Financial Report ReferensiKriteria ARA 2015

ARA 2015 Criteria Reference

2015 2014 2013

0

2015 2014 2013

10.000

0 15.000 20.000 25.000

5.000

2015 2014 2013

3.7 3.9 4.1 4.2

4

3.8 2.000

4.000 6.000 8.000 10.000 12.000

Raih 16 Penghargaan

Commitment in Providing Excellent Service , achievement of 16 Awards

13

Tahun 2015 menjadi tahun dedikasi pelayanan kepada pelanggan dengan terus berinovasi dalam memberikan layanan prima dan meningkatkan kredibilitas SDM-nya. Pelanggan loyal adalah hasil dari layanan yang prima. Hal tersebut dibuktikan dengan prestasi yang dicapai dalam ajang The Best Contact Center Indonesia Award 2015. KAI berpartisipasi dalam 18 kategori dan menyabet 16 medali. Sebagai salah satu perusahaan jasa transportasi yang tanpa henti terus berbenah dan meningkatkan kualitas pelayanannya, kinerja pelayanan KAI telah diakui keberadaannya. Di tengah persaingan yang semakin ketat, ajang ini diikuti oleh 32 perusahaan BUMN dan swasta se-Indonesia.

Deretan prestasi ini menunjukkan bahwa dari tahun ke tahun, pelayanan pelanggan KAI semakin baik kualitasnya bahkan telah mampu bersaing dengan sejumlah BUMN dan perusahaan swasta nasional yang jauh lebih dulu memiliki contact center dalam bisnisnya. Hal tersebut menjadi motivasi KAI agar dapat memunculkan ide-ide pelayanan yang kreatif dan inovatif.

2015 was the year of dedication of service to customers by continuing to innovate in providing excellent services and improve the credibility of its human resources. Loyal Customer is the result of excellent service. This is proofed by the achievements in the arena of the Best Contact Center Award 2015. KAI Indonesia participated in 18 categories and won 16 medals. As a transportation services company that relentlessly continues to improve and enhances the service quality, KAIservice performance has already been acknowledged. In the midst of tight competition, the event was attended by 32 state-owned enterprises and private companies throughout Indonesia.

These achievements show that by the year, KAI services to customer are improving in its quality and able to compete with other state-owned enterprises and national private companies which already have contact center in their businesses. It becomes KAI motivationto come up with ideas of creative and innovative services.

Meningkatkan Daya Saing Perusahaan

dengan GCG

Improving the Competitiveness of Companies with GCG

Kemajuan pesat KAI dalam lima tahun terakhir, salah satunya juga sangat dipengaruhi oleh implementasi Tata Kelola Perusahaan yang Baik yang dilakukan secara bertahap dan berkesinambungan.

Tahun 2015 KAI telah memasuki tahapan Good Sustainability Governance yang lebih menitikberatkan pada arah keberlanjutan atas program-program GCG yang telah dijalankan.

KAI rapid progress in the last five years is also strongly influenced by the implementation of Good Corporate Governance which is carried out gradually and continuously.

2015 KAI has entered the stage of Good Sustainability Governance with a focus on sustainability direction on programs that have been implemented GCG.

Tentang Anak Perusahaan

Subsidiaries Overview

Analisa Pembahasan Manajemen

Management Discussion & Analysis

Tinjauan Pendukung Bisnis

Business Support Overview

Tata Kelola Perusahaan

Corporate Governance

Tanggung Jawab Sosial Perusahaan

Corporate Social Responsibility

Laporan Keuangan

Financial Report ReferensiKriteria ARA 2015

ARA 2015 Criteria Reference

Gratuity - Zero Tolerance

Setiap Insan KAI wajib menjalankan tugasnya dengan penuh tanggung jawab dan menjunjung tinggi nilai integritas.

Each of KAI people shall performs their duties with full responsibility and uphold the values of integrity.

Rail Clinic - Peduli Dalam Meningkatkan

Kesehatan Masyarakat

Rail Clinic - Care to Improve Public Health

Implementasi tanggung jawab sosial perusahaan di bidang peningkatan kesehatan KAI telah meluncurkan Rail Clinic, yaitu pusat pelayanan kesehatan dengan menggunakan kereta yang didesain seperti halnya ruang pelayanan kesehatan. Di dalamnya terdapat ruang pemeriksaan gigi dan ruang perawatan pasien. Dengan mengunakan Rail Clinic KAI melakukan kegiatan bhakti sosial pelayanan pengobatan gratis kepada masyarakat yang jauh dari fasilitas kesehatan namun terjangkau oleh kereta api.

In Implementing corporate social responsibility in the field of health improvement, KAI has launched Rail Clinic, the health care center on train designed as the health care space. There aredental examination room and patient-care areas in it. KAI uses Rail Clinic in conducting social service of free health care care to people who are far from health facilities but reachable by train.

15

Tentang Anak Perusahaan

Subsidiaries Overview

Analisa Pembahasan Manajemen

Management Discussion & Analysis

Tinjauan Pendukung Bisnis

Business Support Overview

Tata Kelola Perusahaan

Corporate Governance

Tanggung Jawab Sosial Perusahaan

Corporate Social Responsibility

Laporan Keuangan

Financial Report ReferensiKriteria ARA 2015

ARA 2015 Criteria Reference

Financial Highlights for The Last 5 Years

Ikhtisar Kinerja Operasi

Operating Performance Highlight Sarana Siap Operasi

(Unit) Ready to Operate Rolling Stock(in Unit)

Lokomotif

Kereta Rel Diesel (KRD) Kereta Rel Listrik (KRL) Kereta

Gerbong

Locomotive Diesel Train (KRD) Electric Train (KRL) Train Carriage 313 100 432 1,363 3,794

2011 2012 2013 2014 2015

328 96 510 1,514 5,233 469 85 410 1,482 5,758 464 86 582 1,430 6,387 430 114 658 1,493 6,879

Ikhtisar Data Keuangan Penting

Summary of Key Financial Information

Laba Rugi Komprehensif

(dalam Jutaan Rupiah) Comprehensive Income Statement(in Million Rupiah)

Pendapatan

Beban Pokok Pendapatan Laba Bruto

Beban Usaha Laba Usaha

Pendapatan (Beban) Lain-lain Laba Sebelum Pajak Penghasilan Pendapatan (Beban Pajak) Laba Tahun Berjalan

Pemilik Entitas Induk Kepentingan Non Pengendali Pendapatan (Rugi) Komprehensif Lain Laba Komprehensif

Laba Komprehensif Yang Dapat Diatribusikan Kepada:

Pemilik Entitas Induk Kepentingan Non Pengendali Laba (Rugi) Per Saham (Dalam Ribuan Rupiah)

6,094,095 4,675,846 1,418,249 1,277,860 140,389 157,668 298,057 (96,812) 201,244 201.908 644 201,244 201.908 664 82 6,966,237 5,024,796 1,941,441 1,243,802 697,639 (101,735) 595,904 (170,799) 425,105 425,568 (462,944) 425,105 425,568 463 156 8,600,972 5,920,554 2,680,418 1,620,304 1,060,114 (270,808) 789,306 (228,590) 560,717 560,402 314,973 560,717 560,402 315 170 10,478,074 7,306,910 3,171,164 1,511,037 1,660,128 (524,838) 1,135,289 (274,411) 860,879 865,634 (4,755) (49,398) 811,480 816,236 (4,755) 263 13,938,901 9,876,096 4,062,805 1,392,021 2,670,784 (753,374) 1,917,410 (520,422) 1,396,988 1,398,242 (1,254) 114,753 1,511,741 1,512,996 (1,254) 424 Revenues Cost of Revenue

Gross Profit

Operating Expeses Income from Operations Other Income (expense)

Profit Before Income Tax

Income Tax (Expense)

Net Profit For The Current Year

Parent Entitiy Owner Non-Controlling Interest

Other Comprehensive Income (Loss) Comprehensive Income

Comprehensive Income Attributable to:

Parent Entitiy Owner Non-Controlling Interest

Net Profit (Loss) per Share (in Thousand Rupah)

2011 2012 2013 2014 2015

Catatan untuk Pembaca Laporan:

Tabel dan grafik pada bagian Ikhtisar ini memaparkan data numerik dengan standar Bahasa Inggris, sedangkan pemaparan numerik dalam teks menggunakan standar Bahasa Inggris dan Indonesia sesuai dengan konteksnya.

Notes to Readers of the Report:

In all tables and graphs presenting numeric data in tihis part, the Indonesian standard is used. Where the numerical values are presented in text format, English and Indonesian standards are used respectively.

Tentang Anak Perusahaan Subsidiaries Overview Analisa Pembahasan Manajemen Management Discussion & Analysis

Tinjauan Pendukung Bisnis Business Support Overview Tata Kelola Perusahaan Corporate Governance Tanggung Jawab Sosial Perusahaan Corporate Social Responsibility Laporan Keuangan

Financial Report ReferensiKriteria ARA 2015

ARA 2015 Criteria Reference

Rasio Keuangan Financial Ratio

Return On Equity/ROE (%) Return On Investment/ROI (%) Rasio Kas (%)

Rasio Lancar (%) Collection Period (hari) Perputaran Persediaan (hari) Perputaran Total Aset (%) Rasio Modal Sendiri terhadap Total Aset (%)

Return On Capital Employed/ROCE (%) Margin EBITDA (%)

Return On Equity/ROE (%) Return On Investment/ROI (%) Cash Ratio (%)

Current Ratio (%) Collection Period (days) Inventory Turnover (days) Total Asset Turnover (%) Ratio of Equity to Total Asset (%) Return On Capital Employed/ ROCE (%)

EBITDA Margin (%)

6.24 9.91 47.74 147.42 39.56 33.64 111.90 39.52 5.71 0.09

2011 2012 2013 2014 2015

10.62 12.96 50.35 116.75 35.68 36.28 85.12 54.59 8.28 0.09 10.32 10.13 43.13 97.17 42.71 27.10 56.95 35.02 7.20 0.17 24.41 14.83 36.42 73.52 15.59 21.00 66.54 27.06 10.24 0.22 24.35 16.17 36.23 110.67 12.79 16.18 68.43 36.24 13.41 0.24 17 Posisi Keuangan

(dalam Jutaan Rupiah) Financial Position(In Million Rupiah)

Aset Lancar Aset Tidak Lancar Total Aset

Liabilitas Jangka Pendek Libilitas Jangka Panjang Total Liabilitas Total Ekuitas

Total Liabilitas Dan Ekuitas

Current Assets Non-Current Assets

Total Assets

Short Term Liabilities Long Term Liabilities

Total Liability

Total Equity

Total Liability and Equity

1,823,431 4,242,979 6,066,410 1,237,591 880,623 2,118,214 3,948,195 6,066,409

2011 2012 2013 2014 2015

2,540,814 6,420,248 8,961,062 2,176,655 1,460,994 3,637,649 5,323,413 8,961,062 4,137,884 11,120,887 15,258,771 4,258,534 4,877,986 9,136,520 6,122,251 15,258,771 3,806,315 13,506,927 17,313,242 5,177,252 6,479,093 11,656,345 5,656,897 17,313,242 6,199,830 16,193,062 22,392,892 5,602,207 7,704,105 13,306,313 9,086,580 22,392,892

Ikhtisar Saham

Stocks Highlight

Ikhtisar Obligasi

Bonds Highlight

Sampai dengan akhir tahun 2015, KAI tidak melakukan perdagangan saham sehingga tidak ada informasi terkait dengan jumlah saham yang beredar, kapitalisasi pasar, harga saham tertinggi, harga saham terendah dan harga saham penutupan serta volume saham yang diperdagangkan.

As of the end of 2015, KAI did not trade stocks thus there is no information related to issued stocks, market capitalization, the highest stock price, lowest stock price, and closing stock price and volume of shares traded.

Sampai dengan akhir tahun 2015, KAI tidak menerbitkan obligasi, sukuk dan obligasi konversi sehingga tidak ada informasi terkait dengan jumlah obligasi/sukuk/obligasi konversi yang beredar, tingkat bunga/imbalan, tanggal jatuh tempo dan peringkat obligasi/sukuk.

As of the end of 2015, KAI did not issue bonds, shariah bonds and convertible bonds thus there is no information related to issued bonds / securities / convertible bonds outstanding, the interest rate / yield, maturity date and ratings of bonds / shariah bonds.

Ikhtisar Kinerja Operasi Operating Performance Highlight Kinerja Operasi Operating Performance

Lokomotif Locomotive Kereta Rel Diesel (KRD) Diesel Train (KRD)

2015 2014 2013 2012

2011 2011 2012 2013 2014 2015

Kereta Rel Listrik (KRL) Electric Train

2015 2014 2013 2012 2011

Kereta Train

2015 2014 2013 2012 2011

Gerbong Carriage

2015 2014 2013 2012 2011

Tentang Anak Perusahaan

Subsidiaries Overview

Analisa Pembahasan Manajemen

Management Discussion & Analysis

Tinjauan Pendukung Bisnis

Business Support Overview

Tata Kelola Perusahaan

Corporate Governance

Tanggung Jawab Sosial Perusahaan

Corporate Social Responsibility

Laporan Keuangan

Financial Report ReferensiKriteria ARA 2015

ARA 2015 Criteria Reference

19

Ikhtisar Data Keuangan Penting Summary of Key Financial Information

Laba Rugi Komprehensif (dalam Jutaan Rupiah) Comprehensive Income Statement (in Million Rupiah)

Pendapatan Revenue

2015 2014 2013 2012 2011

Beban Pokok Pendapatan Cost of Revenue

2015 2014 2013 2012 2011

Beban Usaha Operating Expeses

Laba Bruto Gross Profit

2015 2014 2013 2012

2011 2011 2012 2013 2014 2015

Laba Usaha Income from Operations

2015 2014 2013 2012 2011

Laba Sebelum Pajak Penghasilan Profit Before Income Tax

2015 2014 2013 2012 2011

Pendapatan (Beban Pajak) Income Tax (Expense)

2015 2014 2013 2012 2011

Laba Tahun Berjalan Net Profit For The Current Year

2015 2014 2013 2012 2011

Posisi Keuangan (dalam Jutaan Rupiah) Financial Position (in Million Rupiah)

Laba Komprehensif Comprehensive Income

2015 2014 2013 2012 2011

Total Aset Total Assets

2015 2014 2013 2012 2011

Aset Lancar Current Assets

2015 2014 2013 2012 2011

Aset Tidak Lancar Non-Current Assets

2015 2014 2013 2012 2011

Total Liabilitas Total Liability

2015 2014 2013 2012 2011

Liabilitas Jangka Pendek Short Term Liabilities

2015 2014 2013 2012 2011

Libilitas Jangka Panjang Long Term Liabilities

2015 2014 2013 2012 2011

Tentang Anak Perusahaan

Subsidiaries Overview

Analisa Pembahasan Manajemen

Management Discussion & Analysis

Tinjauan Pendukung Bisnis

Business Support Overview

Tata Kelola Perusahaan

Corporate Governance

Tanggung Jawab Sosial Perusahaan

Corporate Social Responsibility

Laporan Keuangan

Financial Report ReferensiKriteria ARA 2015

ARA 2015 Criteria Reference

21

Rasio Keuangan Financial Ratio

Total Ekuitas Total Equity

2015 2014 2013 2012 2011

Return On Equity/ROE (%)

2015 2014 2013 2012 2011

Return On Investment/ROI (%)

2015 2014 2013 2012 2011

Rasio Kas (%) Cash Ratio (%)

2015 2014 2013 2012 2011

Rasio Lancar (%) Current Ratio (%)

2015 2014 2013 2012 2011

Collection Period (hari) Collecction Period (days)

2015 2014 2013 2012 2011

Perputaran Persediaan (Hari) Inventory Turnover (Days)

2015 2014 2013 2012 2011

Perputaran Total Aset (%) Total Asset Turnover (%)

2015 2014 2013 2012 2011

Rasio Modal Sendiri terhadap Total Aset (%)

Ratio of Equity to Total Asset (%)

2015 2014 2013 2012 2011

Return On Capital Employed/ROCE (%) Margin EBITDA (%) EBITDA Margin (%)

2015 2014 2013 2012 2011 2015

2014 2013 2012 2011

23

Penghargaan dan Sertifikasi Tahun 2015

Awards and Certifications 2015

Berbagai apresiasi semakin mengukuhkan KAI sebagai

penyedia layanan jasa transportasi kereta api yang andal,

berdaya saing dan memenuhi harapan segenap

Pemangku Kepentingan

Various appreciation affirms KAI as a reliable and competitive

rail transportservice providers and able to meet expectations of

all Stakeholders

Tentang Anak Perusahaan

Subsidiaries Overview

Analisa Pembahasan Manajemen

Management Discussion & Analysis

Tinjauan Pendukung Bisnis

Business Support Overview

Tata Kelola Perusahaan

Corporate Governance

Tanggung Jawab Sosial Perusahaan

Corporate Social Responsibility

Laporan Keuangan

Financial Report ReferensiKriteria ARA 2015

ARA 2015 Criteria Reference

Penghargaan

Awards

8th Annual Alpha Southeast Asia Deal & Solution Award 2014. Penghargaan atas "Pembiayaan Sindikasi Bank Proyek Commuter Jabodetabek"

8th Annual Alpha Southeast Asia Deal & Solution Award 2014. Appreciation on "Financing Project Syndicate Bank Commuter Jabodetabek"

Pemberi Penghargaan Awarder

8th Annual Alpha Southeast Asia Deal & Solution Award 2014

Majalah Rel edisi 5 tahun 2014 terpilih sebagai Bronze Winner kategori The Best of State-Owned Enterprise Inhouse Magazine 2015

Rail Magazine 5th edition, 2014, selected as the Bronze Winner category of The Best of State-Owned Enterprise Inhouse Magazine 2015

Pemberi Penghargaan Awarder

Serikat Perusahaan Pers United Company Press





Contact Center KAI mendapatkan penghargaan Excellence

untuk kategori Public Service

KAI Contact Center Excellence award in the category of Public Service

Pemberi Penghargaan Awarder

Contact Center Service Excellence Award 2015



Service Quality Award 2015. Service Quality Award untuk kategori Public Service

Service Quality Award 2015. Service Quality Award for the category of Public Service

Pemberi Penghargaan Awarder

Service Quality Award 2015



Contact Center World. Runner Up pada kategori Trainer Contact Center kepada Muh. Resa

Contact Center World. Runner Up in the category of Trainer Contact Centerto Muh. Resa

Pemberi Penghargaan Awarder

Contact Center World

Tentang Anak Perusahaan

Subsidiaries Overview

Analisa Pembahasan Manajemen

Management Discussion & Analysis

Tinjauan Pendukung Bisnis

Business Support Overview

Tata Kelola Perusahaan

Corporate Governance

Tanggung Jawab Sosial Perusahaan

Corporate Social Responsibility

Laporan Keuangan

Financial Report ReferensiKriteria ARA 2015

ARA 2015 Criteria Reference

25



The Best Contact Center Indonesia 2015

KAI mendapatkan 16 penghargaan, antara lain:

Runner Up Grand Champion

Platinum dalam kategori The Best Social Media Gold dalam kategori The Best Contact Center Operations

Silver dalam kategori The Best Business Contribution Bronze dalam kategori The Best EmployeeEngagement dan The Best Writing

The Best Contact Center Indonesia 2015

KAI won 16 awards, among others: Runner Up Grand Champion

Platinum in the category of The Best Social Media Gold in the category of The Best Contact Center Operations

Silver in the category of The Best Business Contribution

Bronze in the category of The Best Employee Engagement dan The Best Writing

Pemberi Penghargaan Awarder

Indonesia Contact Center Association



Living Legend Companies Award 2015. Penghargaan

“Indonesia Living Legend Company” Kategory

Transportation For Continuous Innovation 2015

Living Legend Companies Award 2015. “Indonesia Living Legend Company” Awards for the Category of Transportation For Continuous Innovation 2015 Pemberi Penghargaan Awarder

Living Legend Companies Award 2015

Α

Direktur Keuangan KAI Kurniadi Atmosasmito terpilih sebagai “The First Winner of Indonesia Best CFO 2015” Finance Director, Kurniadi Atmosasmito,of KAI was selected as "The First Winner Of Indonesia Best CFO in 2015"

Pemberi Penghargaan Awarder

Majalah SWA SWA magazine

Β

Rekor MURI

Penyelenggara Pendukung Parade Busana Pengantin dengan Variasi Terbanyak

Rail Clinic KAI sebagai Kereta Klinik Kesehatan Pertama di Indonesia

MURI Record

The Bridal Fashion Parade Organizers Supporters with the most Variations

Rail Clinic of KAI as the first Health Clinic train in Indonesia Pemberi Penghargaan Awarder

Daop 6 Yogyakarta mendapatkan Piala dan Piagam Penghargaan dari Pemerintah Kota Yogyakarta dalam hal Patuh Membayar Pajak dan Memberikan Kontribusi Pembayaran Pajak Terbesar.

Daop 6 Yogyakarta won a cup and a Letter of Appreciation from theGovernment of Yogyakarta in terms of Taxes settlement obedienceand Contributing Largest Tax Payments.

Pemberi Penghargaan Awarder

Pemerintah Kota Yogyakarta Government of Yogyakarta



BUMN Marketeers Award 2015 KAI mendapatkan penghargaan:

Silver pada Kategori Strategic Marketing Gold pada Kategori Tactical Marketing The Best in Tactical Marketing Sales

Direktur Komersial KAI A. Herlianto terpilih sebagai Finalis The Best Chief Marketing Officer

SOE Marketeers Award 2015

KAI awarded:

Silver in the category of Strategic Marketing Gold in the category ofTactical Marketing Category The Best in Tactical Marketing Sales

Commercial Director of KAI, A. Herlianto, selected as Finalist of the Best Chief Marketing Officer Pemberi Penghargaan Awarder

BUMN Marketeers Award 2015

Indonesia Best eMark Award 2015. Kategori Best ICT Implementation in Sales and Marketing

Indonesia Best emark Award 2015. Category of Best ICT Implementation in Sales and Marketing

Pemberi Penghargaan Awarder

Indonesia Best eMark Award 2015



Contact Center KAI 121 mendapatkan penghargaan

Recognition of Performance Excellence

KAI 121 Contact Center awarded the Recognition of Performance Excellence

Pemberi Penghargaan Awarder

Asia Pacific Contact Center Association Leader 2015





Tentang Anak Perusahaan

Subsidiaries Overview

Analisa Pembahasan Manajemen

Management Discussion & Analysis

Tinjauan Pendukung Bisnis

Business Support Overview

Tata Kelola Perusahaan

Corporate Governance

Tanggung Jawab Sosial Perusahaan

Corporate Social Responsibility

Laporan Keuangan

Financial Report ReferensiKriteria ARA 2015

ARA 2015 Criteria Reference

27



Tim Kendaraan Hias Subdivre 3.2 Tanjungkarang menjadi Juara ke-3

3rd Champion in Ornamental Vehicle Team Subdivre 3.2 Tanjung Karang

Pemberi Penghargaan Awarder

Lampung Fair 2015



11th_{National Customer Service Championship 2015}

KAI menjadi Grand Champion ke-5

Erni Sylviane Purba mendapatkan Silver Medals dalam kategori The Best Assistant Manager/Supervisor

Ahmad Zaidan mendapatkan penghargaan The Most Inspiring & Punctual pada kategori The Best Team Leader

11th _{National Customer Service Championship 2015}

KAI became 5th _{Grand Champion}

Erni Sylviane Purba awarded Silver Medals in the category of The Best Assistant Manager / Supervisor Ahmad Zaidan was awarded The Most Inspiring & Punctual in the category of The Best Team Leader Pemberi Penghargaan Awarder

Center For Customer Statisfaction & Loyalty



BUMN Web Awards 2015

Nominasi Web BUMN Terbaik 2015 Web Transaksional Terbaik

Web Favorit pilihan pembaca BeritaSatu.com kategori Transportasi dan Pergudangan

SOE Web Awards 2015

Nomination of The Best SOE web 2015 Best Transactional Web

Favorite Web BeritaSatu.com readers choice in the category of Transportation and Warehousing Pemberi Penghargaan Awarder

BUBU Awards V.09. Website KAI mendapatkan penghargaan Best Government Website

BUBU V.09 Awards. KAI Website awarded Best Government Website

Pemberi Penghargaan Awarder

Bubu.com



Bandung Marching Band Championship VI-2015

Marching Band Locomotive KAI menjadi:

Juara 1 Divisi Open pada lomba Brass Ensamble

Piala Bergilir pada lomba Brass Ensamble

Juara 1 pada lomba Percussion Battle Marching Band

Locomotive KAI

Mendapatkan Piala Bergilir pada lomba Percussion Battle

Juara 2 Divisi Open pada lomba Brass Band Concert

Juara 1 Divisi Open pada lomba Street Parade

Piala Bergilir pada lomba Street Parade

Juara Harapan 1 Divisi Open pada lomba Color Guard Contest

Bandung Marching Band Championship VI-2015

Marching Band Locomotive KAI awarded:

1st _{Place Open Division in Brass Ensamble contest} Won Rotating Trophy in Brass Ensamble contest 1st _{Place in the Percussion Battle Marching Band}

Locomotive KAI contest

Won Rotating Trophy in the Percussion Battle contest 2nd _{place Division Open on Brass Band Concert} contest

1st _{Place Open Division in the Street Parade contest} Trophy in the contest Street Parade

1st _{runner up Division Open in Color Guard Contest} Pemberi Penghargaan Awarder

Yayasan Grand Prix Marching Band Indonesia

Α

Β

The Best Practice Award 2015

Best Practice in Customer Experience Management Best Practice in Operations Management

The Best Practice Award 2015

Best Practice in Customer Experience Management Best Practices in Operations Management Pemberi Penghargaan Awarder

Tentang Anak Perusahaan

Subsidiaries Overview

Analisa Pembahasan Manajemen

Management Discussion & Analysis

Tinjauan Pendukung Bisnis

Business Support Overview

Tata Kelola Perusahaan

Corporate Governance

Tanggung Jawab Sosial Perusahaan

Corporate Social Responsibility

Laporan Keuangan

Financial Report ReferensiKriteria ARA 2015

ARA 2015 Criteria Reference

29



Infobank BUMN Awards 2015. Mendapatkan predikat Sangat Bagus atas kinerja keuangan selama tahun 2014 pada kategori Transportasi Darat, Laut, dan Udara

Infobank SOE Awards 2015. Awarded predicate of Very Good on the financial performance during the year 2014 in the category of Land, Sea and Air

Pemberi Penghargaan Awarder

Majalah Infobank Infobank Magazine



Stasiun Juanda, Jakarta terpilih sebagai Juara 1 Kategori Angkutan Umum dalam rangka penerapan kawasan dilarang merokok dari Pemerintah Kota Administrasi Jakarta Pusat Juanda Station, Jakarta won 1st _{place on the Category of} Public Transport on the event of implementation of the non-smoking areas of Central Jakarta Administration Government Pemberi Penghargaan Awarder

Kantor Pengelola Lingkungan Hidup Kota Administrasi Jakarta Pusat Environmental Management Office of Central Jakarta City Administration



Penghargaan sebagai Intitusi Teladan Wajib Pajak Tahun 2015

Award as Exemplary Taxpayer Institutional 2015 Pemberi Penghargaan Awarder

Pemerintah Kabupaten Muara Enim The Government of Muara Enim



Indonesia Innovative Quality Award 2015. Penghargaan The Most Improvement Company and Public Service of the Year

Indonesia Innovative Quality Award 2015. Won The Most Improvement Company and Public Service of the Year Pemberi Penghargaan Awarder

Indonesia Development Achievement Foundation



Vice President Enterprise Resource Planning KAI, Atief Setiawan mendapatkan Predikat Terbaik Ke-2 sebagai

Top 10 Indonesia Future IT Leader 2015

Vice President Enterprise Resource Planning of KAI, Arief Setiawan, won the 2nd _{Best Predicate as a Top 10 Indonesian} Future IT Leader 2015

Pemberi Penghargaan Awarder

Temu Karya Mutu dan Produktivitas Nasional XIX 2015

Marching Band Locomotive KAI menjadi: GKM CLOPS Dipo Lokomotif Tanjungkarang mendapatkan peringkat Gold

GKM SERELO Balai Yasa Lahat mendapatkan peringkat Silver

GKM KI DEMANG Dipo Gerbong Tarahan peringkat Silver

National Quality and Productivity Gathering XIX in 2015

GKM CLOPS Dipo Lokomotif Tanjungkarang won Gold rank

GKM SERELO Balai Yasa Lahat getting won Silver rank GKM KI DEMANG Dipo Gerbong Tarahan won Silver rank

Pemberi Penghargaan Awarder

Wahana Kendali Mutu Quality Management Consultant

Keterbukaan Informasi Badan Publik 2015 Peringkat 4 Kategori BUMN

Information Disclosure of Public agency 2015 Rank 4 in the categories of SOE

Pemberi Penghargaan Awarder

Komisi Informasi Pusat Central Information Commission



Jaminan Kesehatan Nasional Kartu Indonesia Sehat (JKN-KIS) BUMN Award 2015. Apresiasi Pratama Kategori BUMN dengan jumlah pegawai > 10.000 orang

The National Health Insurance Indonesia Health Card (JKN-KIS) SOE Award 2015. Primary Appreciation in the Category of the number of SOE employees> 10,000 Pemberi Penghargaan Awarder

Jaminan Kesehatan Nasional Kartu Indonesia Sehat (JKN-KIS) BUMN Award 2015

The National Health Insurance Indonesia Health Card (JKN-KIS) SOE Award 2015



Corporate Governance Perception Index (CGPI) 2015. Predikat sebagai Perusahaan Terpercaya (Trusted Company) dengan skor 80,35

Corporate Governance Perception Index (CGPI) 2015 With Predicate as a Trusted Company with 80.35score Pemberi Penghargaan Awarder

Indonesia Institute for Corporate Governance (IICG)

Α



Tentang Anak Perusahaan

Subsidiaries Overview

Analisa Pembahasan Manajemen

Management Discussion & Analysis

Tinjauan Pendukung Bisnis

Business Support Overview

Tata Kelola Perusahaan

Corporate Governance

Tanggung Jawab Sosial Perusahaan

Corporate Social Responsibility

Laporan Keuangan

Financial Report ReferensiKriteria ARA 2015

ARA 2015 Criteria Reference

31

Β

Penghargaan Anugerah Budaya Tahun 2015. UPT Balai Yasa Yogyakarta menerima penghargaan sebagai Pelestari Warisan Budaya

Culture Awards 2015. PT Balai Yasa Yogyakarta awarded Cultural Heritage Conservation

Pemberi Penghargaan Awarder

Pemerintah Government



Transportation Safety Award 2015. KAI Daop 1 Jakarta terpilih sebagai Unggulan Kedua

Transportation Safety Award 2015. KAI Daop 1 Jakarta was chosen as runner up

Pemberi Penghargaan Awarder

Sertifikasi

Certifications

Jenis Sertifikat

Certificate Unit Kerja PenerimaReceiving Unit Masa Berlaku SertifikasiCertificate Validity

Pemberi Sertifikasi

Certificate Giving Institution

a. Balai Yasa Tegal, Surabaya Gubeng dan Lahat.

ISO 9001:2008 - Provision of Repair and Maintenance for Railway Carriages of Passenger and Cargo.

b. Balai Yasa Yogyakarta. ISO 9001:2008 - Provision of Maintenance and Repair Locomotive Diesel Multiple Unit and Generator Set

c. Balai Yasa Manggarai. ISO 9001:2008 - Provision of Repair and Maintenance for Coaches and Wagons

BALAI YASA 1. Manggarai 2. Tegal 3. Yogyakarta 4. Surabaya Gubeng 5. Lahat

1. 12 Mei 2014 s.d. 1 Mei 2017 May 12th, 2014 - May 1st, 2017 2. 15 April 2014 s.d. 14 April 2017

April 15th, 2014 - April 14th, 2017 3. 15 April 2014 s.d. 14 April 2017

April 15th, 2014 - April 14th, 2017 4. 9 Mei 2014 s.d. 8 Mei 2017

May 9th, 2014- May 8th, 2017 5. 10 April 2014 s.d. 9 april 2017

April 10th, 2014 - April 9th, 2017

SAI GLOBAL

STASIUN STATION

ISO 9001 :2008 - Provision Operational of Railway Station

STASIUN STATIONS

1. Pasar Senen 2. Gambir 3. Jakarta Kota 4. Tanah Abang 5. Bandung 6. Cirebon

7. Semarang Tawang 8. Purwokerto 9. Kutoarjo 10. Yogyakarta 11. Solo Balapan 12. Madiun

13. Surabaya Gubeng 14. Surabaya Pasarturi 15. Malang

16. Kertapati 17. Tanjungkarang

31 Maret 2015 s.d. 30 Maret 2018

March 31st, 2015 - March 30th, 2018 TUV NORD

DIPO KERETA RAILWAY DEPOT

ISO 9001 :2008 - Provision of Maintenance of Railway Coach

DIPO KERETA

RAILWAY DEPOT

1. Rangkas Bitung 2. Bandung 3. Cirebon

4. Semarang Poncol 5. Puwokerto 6. Yogyakarta 7. Solo 8. Madiun

9. Surabaya Pasarturi 10. Sidotopo

11. Kertapati 12. Tanjungkarang

31 Maret 2015 s.d. 30 Maret 2018

Tentang Anak Perusahaan Subsidiaries Overview Analisa Pembahasan Manajemen Management Discussion & Analysis

Tinjauan Pendukung Bisnis Business Support Overview Tata Kelola Perusahaan Corporate Governance Tanggung Jawab Sosial Perusahaan Corporate Social Responsibility Laporan Keuangan

Financial Report ReferensiKriteria ARA 2015

ARA 2015 Criteria Reference

33

Jenis Sertifikat

Certificate Unit Kerja PenerimaReceiving Unit Masa Berlaku SertifikasiCertificate Validity

Pemberi Sertifikasi

Certificate Giving Institution

DIPO LOKOMOTIF

LOCOMOTIVE DEPOT

ISO 9001 :2008 - Provision of Maintenance of Railway Locomotive DIPO LOKOMOTIF LOCOMOTIVE DEPOT 1. Jatinegara 2. Bandung 3. Cirebon

4. Semarang Poncol 5. Purwokerto 6. Solo 7. Yogyakarta 8. Sidotopo 9. Kertapati 10. Tanjungkarang

31 Maret 2015 s.d. 30 Maret 2018 March 31st, 2015 - March 30th, 2018

TUV NORD

Kantor Daop / Divre / Subdivre ISO 9001 :2008 - Lingkup sertifikasi Administrasi, Perencanaan, Pengendalian, Pengawasan yang terkait dengan operasi, Sarana, Komersial, Pelayanan, Pengadaan Barang dan Jasa, Keamanan Ketertiban, SDM dan Umum

ISO 9001 :2008 in Scope of Certification Administration, Planning, Controlling, Monitoring associated with operations, Facilities, Commercial, Services, Procurement, Order and Safety, Human Resources and General

KANTOR DAOP/DIVRE/ SUBDIVRE DAOP/DIVRE/ SUBDIVRE OFFICE

1. Daerah Operasi 1 Jakarta Area of Operation 1 Jakarta 2. Daerah Operasi 2

Bandung Area of Operation 2 Bandung 3. Daerah Operasi 3

Cirebon Area of Operation 3 Cirebon 4. Daerah Operasi 4

Semarang Area of Operation 4 Semarang 5. Daerah Operasi 5

Purwokerto Area of Operation 5 Purwokerto 6. Daerah Operasi 6

Yogyakarta Area of Operation 6 Yogyakarta 7. Daerah Operasi 7

Madiun Area of Operation 7 Madiun 8. Daerah Operasi 8

Surabaya Area of Operation 8 Surabaya 9. Daerah Operasi 9

Jember Area of Operation 9 Jember 10. Divisi Regional I

Sumatera Utara Regional Division I North Sumatra 11. Divisi Regional II

Sumatera Barat Regional Division II West Sumatra 12. Divisi Regional III

Sumatera Selatan Regional Division III South Sumatra 13. Sub Divisi Regional

III.1 Kertapati Regional Sub Division III.1 Kertapati 14. Sub Divisi Regional

III.2 Tanjung Karang Regional Sub Division III.2 Tanjung Karang

1. 26 April 2013 s.d. 25 April 2016 April 26th, 2013 - April 25th, 2016 2. 26 April 2013 s.d. 25 April 2016

April 26th, 2013 - April 25th, 2016 3. 27 Mei 2013 s.d. 26 Mei 2016

May 27th, 2013 - May 26th,2016 4. 15 Mei 2013 s.d. 14 Mei 2016

May 15th, 2013 - May 14th, 2016 5. 3 Mei 2013 s.d. 2 Mei 2016

May 3rd, 2013 - May 2nd, 2016 6. 15 Mei 2013 s.d. 14 Mei 2016

May 15th, 2013 - May 14th, 2016 7. 6 Mei 2013 s.d. 5 Mei 2016

May 6th, 2013 - May 5th, 2016 8. 23 Mei 2013 s.d. 22 Mei 2016

May 23rd, 2013 - May 22nd,2016 9. 27 Mei 2013 s.d. 26 Mei 2016

May 27th, 2013 - May 26th, 2016 10. 27 Mei 2013 s.d. 26 Mei 2016

May 27th, 2013 - May 26th, 2016 11. 13 Mei 2013 s.d. 12 Mei 2016

May 13th, 2013 - May 12th, 2016 12. 24 Mei 2013 s.d. 23 Mei 2016

May 24th, 2013 - May 23rd, 2016 13. 24 Mei 2013 s.d. 23 Mei 2016

May 24th, 2013 - May 23rd, 2016 14. 28 Mei 2013 s.d. 27 Mei 2016

May 28th, 2013 - May 27th, 2016

Sertifikasi

Certifications

Jenis Sertifikat

Certificate Unit Kerja PenerimaReceiving Unit Masa Berlaku SertifikasiCertificate Validity

Pemberi Sertifikasi

Certificate Giving Institution

a. ESD

ISO 9001 :2008 - Provision of supporting services in handling of contract and other relevant legal document, company asset's document, internal and external correspondence documents.

b. CC 121

ISO 9001 :2008 - Provision of contact centre service reservation services information inquiries and complaint respond for KAI and its subsidiaries

c. Training Education Centre dan Balai Pelatihan

ISO 9001 :2008 - Provision of Services of Railway Training and Education

KANTOR PUSAT

HEAD OFFICE

1. Document Management (ESD) 2. CC 121

3. Training Education Center IR. H. Juanda 4. BPTP Sofyan Hadi 5. BPTT Darman

Prasetyo 6. BP Sintel 7. BP Opsar

Agus Suroto

1. 22 Juni 2015 s.d. 23 Agustus 2018 June 22nd, 2015 -Aug 23rd, 2018 2. 26 Agustus 2015 s.d. 24 oktober

2018 August 26th, 2015 - October 24th,2018

3. 8 Juli 2015 s.d. 7 Juli 2018 July 8th, 2015-July 7th, 2018 4. 8 Juli 2015 s.d. 7 Juli 2018

July 8th, 2015-July 7th, 2018 5. 8 Juli 2015 s.d. 7 Juli 2018

July 8th, 2015-July 7th, 2018 6. 8 Juli 2015 s.d. 7 Juli 2018

July 8th, 2015-July 7th, 2018 7. 8 Juli 2015 s.d. 7 Juli 2018

July 8th, 2015-July 7th, 2018

No. 1 & 2: SAI GLOBAL

No. 3-7: TUV NORD

Tentang Anak Perusahaan

Subsidiaries Overview

Analisa Pembahasan Manajemen

Management Discussion & Analysis

Tinjauan Pendukung Bisnis

Business Support Overview

Tata Kelola Perusahaan

Corporate Governance

Tanggung Jawab Sosial Perusahaan

Corporate Social Responsibility

Laporan Keuangan

Financial Report ReferensiKriteria ARA 2015

ARA 2015 Criteria Reference

35

Kaleidoskop 2015

2015 Kaleidoscope

23

5

Penandatanganan Kontrak PSO Tahun 2015 Signing of PSO Contract 2015

Penandatanganan Kontrak PSO senilai Rp1.523.737.021.893,- oleh Direktur Jenderal Perkeretaapian, Hermanto Dwiatmoko dan Direktur Utama KAI, Edi Sukmoro dengan disaksikan oleh Menteri Perhubungan RI, Ignasius Jonan.

Signing PSO contract of Rp1.523.737.021.893, - by the Director General of Railways, Herman Dwiatmoko and President Director of KAI, Edi Sukmoro, witnessed by the Minister of Transportation, Ignatius Jonan.

Launching KA Malioboro Ekspress Pagi Relasi Yk-Ml Launching KA Malioboro Ekspress Pagi

Connecting Yk-Ml

Kereta api ini diluncurkan untuk meningkatkan pelayanan dan memberikan pilihan waktu perjalanan kepada masyarakat yang akan bepergian dari Yogyakarta ke Malang pada pagi hari. Berangkat dari stasiun Yogyakarta pukul 08.05 tiba di Malang pukul 16.20 yang memiliki kapasitas tempat duduk sebanyak 470 seat yang terdiri dari 150 seat kelas eksekutif dan 320 seat kelas ekonomi.

This train was launched to improve service and provide a large selection of travel time to the people who will be traveling from Yogyakarta to Malang in the morning. Departing from Yogyakarta station at 08:05 and arriving in Malang at 16:20 which has a seating capacity of 470 seats consists of 150 executive classseats and 320 economy class seats.

18

3

KAI dan Pelindo III Sepakati MoU Penertiban dan Pemanfaatan Aset Negara

KAI and Pelindo III Agreement on MoU Control and Utilization of State Assets

Memorandum of Understanding (MoU) antara KAI dan PT Pelindo III yang ditandatangani di Ruang Rapat Karang Jamuan PT Pelindo III cabang Tanjung Perak, Surabaya. Memorandum of Understanding (MoU) between KAI and PT Pelindo III, signed at Gala Coral Meeting Room of PT Pelindo III Tanjung Perak branch, Surabaya.

Satu Rangkaian Baru de Cheribon Express Layani Masyarakat Cirebon

A New Series of train, de Cheribon Express Serving Cirebon Society

Inovasi untuk mengutamakan peningkatan pelayanan yang nyaman dan aman bagi pengguna jasa. KAI meluncurkan satu rangkaian baru KA Cirebon Ekspress relasi Stasiun Cirebon -Gambir PP. Rangkaian yang diluncurkan terdiri dari 5 kereta eksekutif (K1) dan 2 kereta bisnis (K2) yang semuanya kereta baru hasil retrofit. Selain itu, juga terdapat tambahan fasilitas di dalamnya sehingga memiliki kesan lebih mewah dan nyaman layaknya hotel berjalan. As an Innovation to support the improvement of safe and convenient services for users, KAI launched a new series of trains:KA Cirebon Ekspress connecting Cirebon - Gambir station. The launched series consists of five executive trains (K1) and the two business train (K2), which are all new trains as the result of retrofit. In addition, there are also additional facilities in it so it has the impression of more luxurious and comfortable like a walking hotel.

13

11

Peluncuran KA Perintis Batara Kresna The launch of KA Perintis Batara Kresna

Kereta Api Perintis Batara Kresna relasi Purwosari-Wonogiri telah resmi diluncurkan, ditandai dengan penyiraman dan pemecahan kendi oleh Menteri Perhubungan Ignasius Jonan, Surakarta. KA Perintis Batara Kresna ini memiliki kapasitas angkut sebanyak 117 penumpang. KA ini akan menempuh jarak 30 km dari Stasiun Prwosari Solo -Sukoharjo - Wonogiri selama satu jam 45 menit. KA Perintis Batara Kresna connecting Purwosari-Wonogirihas been officially launched, marked by jug breaking and watering by Transportation Minister, Ignasius Jonan, in Surakarta. KA Perintis Batara Kresnahas a carrying capacity of 117 passengers. This train will cover the distance of 30 km from the station Purwosari Solo -Sukoharjo - Wonogiri for one hour 45 minutes.

E-Kiosk, Vending Machine untuk Pembelian Tiket KA E-Kiosk, Vending Machine forTrain Tickets Purchasing KAI bekerja sama dengan PT Finnet Indonesia, salah satu anak perusahaan PT Telkom Indonesia menggelar softlaunching fasilitas layanan pembelian tiket terbarunya. Fasilitas terbaru ini berupa vending machine pembelian tiket KA yang diberi nama e-kiosk.

KAI in cooperation with PT Finnet Indonesia, a subsidiary of PT Telkom Indonesia, held a soft launch of its newest ticket purchasing service facility. The new facility is in the form of a train ticket vending machine purchases, named e-kiosk.

9

1

KA Ekonomi Sidoarjo - Surabaya Gubeng - Surabaya Pasarturi - Bojonegoro Beroperasi

KA Economic Sidoarjo - Surabaya Gubeng - Surabaya Pasarturi - Operating Bojonegoro

DAOP 8 semakin memudahkan masyarakat dalam beraktitas, khususnya warga Sidoarjo yang akan menuju Surabaya sampai ke Bojonegoro atau sebaliknya. Mulai 1 April 2015 KA ekonomi ini diperpanjang relasinya sampai ke Stasiun Sidoarjo.

DAOP 8 furtherly facilitates the public in their activities, especially fo Sidoarjoresidents travelling to Surabaya to Bojonegoro or vice versa. Since 1 April 2015, the connection of this economy train is extended to Sidoarjo station.

Peresmian Angkutan Kereta Api Petikemas di Terminal Petikemas Surabaya

Inauguration of Freight Container Train at Petikemas Terminal in Surabaya

Diresmikan angkutan kereta api petikemas yang terhubung dengan Pelabuhan Tanjung Perak oleh Menteri Perhubungan RI bersama Deputy Bidang Usaha Energi, Logistik & Perhubungan Kementrian BUMN, Direktur Utama KAI serta Direktur Utama PT Pelindo III (Persero).

Inaugurated freight container train connected to the Port of Tanjung Perak by the Deputy Minister of Transportation along with the Energy Business Sector, Logistics and Transportation, the Ministry of SOE, Director of KAI and Managing Director of Pelindo III (Persero).

Tentang Anak Perusahaan

Subsidiaries Overview

Analisa Pembahasan Manajemen

Management Discussion & Analysis

Tinjauan Pendukung Bisnis

Business Support Overview

Tata Kelola Perusahaan

Corporate Governance

Tanggung Jawab Sosial Perusahaan

Corporate Social Responsibility

Laporan Keuangan

Financial Report ReferensiKriteria ARA 2015

ARA 2015 Criteria Reference

37

4

Penandatanganan MoU antara KAI dengan PT Jakarta Propertindo Signing of MoU between KAI and PT Jakarta Propertindo Penandatanganan nota kesepakatan bersama ini dilakukan oleh Direktur Utama KAI, Edi Sukmoro, Direktur Logistik dan Pengembangan Usaha KAI, Candra Purnama dan Direktur Utama PT Jakarta Propertindo, Abdul Hadi. PT Jakarta Propertindo yang merupakan BUMD DKI Jakarta salah satu yang terbesar dengan core bisnis Property, Utilitas, dan Infrastruktur. Adapun maksud dari MoU ini adalah dalam rangka mempelajari dan mengkaji kelayakan yang berkaitan dengan rencana kerjasama pengembangan usaha di bidang properti, infrastuktur, utilitas, serta di bidang usaha lainnya.

Signing a Memorandum of Understanding was conducted by the Director of KAI, Edi Sukmoro, Director of Logistics and Business Development KAI, Candra Purnama and President Director of PT Jakarta Propertindo, Abdul Hadi. PT Jakarta Propertindo is DKI Jakarta SOE which is one of the largest SOE with core businesses of Property, Utilities and Infrastructure. The purpose of this MoU is to learn and study the feasibility of cooperation plans related to business development in property, infrastructure, utilities, as well as in other business sectors.

9

6

Menhub Resmikan Stasiun Palmerah dan Pengoperasian Jalur Ganda Duri-Tanggerang

MOC Inaugurates Palmerah Station and Operation Dual Line Duri-Tangerang

Kementerian Perhubungan meresmikan Stasiun Palmerah yang sudah direvitalisasi sejak 2013. Peresmian stasiun ditandai dengan penekanan tombol yang dilakukan oleh Menteri Perhubungan, Ignasius Jonan, Dirjenka Kemenhub Hermanto Dwiatmoko dan Direktur Utama KAI Edi Sukmoro. Proses revitalisasi stasiun tersebut menggunakan dana APBN multiyears tahun anggaran 2013 dan 2014 bernilai Rp36 miliar.

Ministry of Transportation inaugurated Palmerah Station that has been revitalized since 2013. The inauguration of the station marked with the keystrokes made by the Minister of Transport, Ignasius Jonan, Director General of the Ministry of Transportation Herman Dwiatmoko and PresideNt Director of KAI Edi Sukmoro. The process of revitalization of the station was using multiyearstate funds 2013 and 2014 worth of Rp36 billion.

Peresmian Revitalisasi KA Kaligung Mas Relasi Semarang Poncol-Tegal

Inauguration of Revitalization KA Kaligung Mas Poncol Connecting Semarang-Tegal

Revitalisasi meliputi interior kereta makan yang bermotifkan kesenian budaya pantura (lapisan kayu menggunakan pahatan ukiran khas jepara, lukisan kaca khas Tegal dan tirai jendela dari kain batik Pekalongan), kursi dan tempat duduk kereta makan menggunakan bahan kayu bantalan yang telah dirombak, dinding interior kereta menggunakan teknologi Japan Panel Wood dengan bahan anti bakar dan gores, serta penambahan fasilitas TV pada tiap kereta.

Revitalization includes restaurant train interior which is using the motif of Pantura art style (wood layers are using sculptured carvings typical of Jepara, glass painting typical of Tegal and the curtains of Pekalongan batik), restaurant train seats are using revamped wood materials, the interior walls of the trains is using Japan Panel Wood technology with fire and scratch resistant material, as well as the addition of TV facilities on each carriage.

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12

Garuda Indonesia Menjadi Maskapai Resmi KAI

Garuda Indonesia Airlines Officially Becomes KAI partner Ruang lingkup PKS ini adalah pemberian fasilitas khusus korporasi dari Garuda Indonesia kepada KAI yang meliputi harga khusus untuk setiap pembelian tiket domestik dan internasional, tambahan muatan bagasi (excess baggage) sejumlah 10 kilogram, konter check-in khusus pelanggan korporat di bandara, prioritas reservasi dan pembukuan grup, kargo, dan berbagai keuntungan lainnya.

The scope of this agreement is the provision of special facilities from of Garuda Indonesia to KAI that include special price for every ticket purchase domestic and international, an additional excess baggage of 10 kilograms, check-in counters special for corporate customers, reservations priority and group booking, cargo and other benefits.

Kontrak IMO Sebesar Rp1,4 triliun Ditandatangani Signin IMO Contract of Rp 1,4 trillion

KAI dan Kementerian Perhubungan menandatangani kontrak Infrastructure Maintenance Operation (IMO) senilai Rp1,471 triliun.

KAI and the Ministry of Transportation signed a contract of Infrastructure Maintenance Operation (IMO) worth for Rp1,471 trillion.

28

Tingkatkan Sinergi BUMN, KAI Jalin Kerjasama dengan Pertamina Cooperation with Pertamina to increase synergy with SOE Poin MOU adalah a) angkutan BBM menggunakan KA, b) pelaksanaan program konversi penggunaan High Speed Diesel (HSD) menjadi Liquid Nature Gas (LNG) dalam kegiatan operasional KAI, c) penempatan jalur pipa milik Pertamina dengan memanfaatkan jalur KA, d)

pendayagunaan aset, dan 5) penggunaan produk-produk Pertamina dalam kegiatan operasional KAI.

Points of MOU are a) transportation fuel using train, b) application conversion program from using High Speed Diesel (HSD) into Liquid Nature Gas (LNG) in the operational activities of KAI, c) the placement of pipelines owned by Pertamina by taking advantage of the railway line, d) the utilization of assets and 5) the use of Pertamina products in KAI operational activities.

Tentang Anak Perusahaan

Subsidiaries Overview

Analisa Pembahasan Manajemen

Management Discussion & Analysis

Tinjauan Pendukung Bisnis

Business Support Overview

Tata Kelola Perusahaan

Corporate Governance

Tanggung Jawab Sosial Perusahaan

Corporate Social Responsibility

Laporan Keuangan

Financial Report ReferensiKriteria ARA 2015

ARA 2015 Criteria Reference

39

28

25

Launching KA Joglokerto Relasi Solobalapan-Purwokerto PP

Launching Joglokerto KA Connecting Purwokerto-Solobalapan Round Trip

KA Joglokerto ini merupakan perpanjangan relasi KA Joglo Ekspres yang semula hanya melayani rute Stasiun Solobalapan - Stasiun Yogyakarta PP. KA berangkat dari Stasiun Solobalapan pukul 06.15 WIB sampai di Stasiun Purwokerto pukul 10.01 WIB dan berangkat kembali dari Stasiun Purwokerto pukul 10.38 WIB sampai di Stasiun Solobalapan pukul 14.46 WIB.

Joglokerto KA is an extension of the KA Joglo Ekspres that was originally only serving route connecting Solobalapan - Yogyakarta Station. Trains depart from the station at 06.15 pm and arrive at Purwokerto Station at 10:01 pm and departs back from Purwokerto Station at 10:38 pm and arrive at Solobalapan Station at 14:46 pm.

HUT KA ke-70, Komitmen untuk Inovasi dan Pelayanan KA 70th Anniversary, Commitment to Innovation and Services

Dalam rangkaian HUT KA ke-70. Seluruh wilayah kerja KAI melaksanakan kegiatan jalan sehat bersama pegawai, jajaran Direksi KAI melakukan penanaman pohon untuk penghijauan lingkungan Pusat Pendidikan dan Pelatihan Ir. H. Djuanda. Pada puncak peringatan HUT KA ke-70, para undangan berjalan melalui lorong history yang berisi jejak sejarah perkeretaapian sejak zaman Hindia Belanda hingga saat ini. Dilakukan launching buku digital Jejak Kenangan Kereta Api di Jawa dan Train Ticket Machine.

Celebrating 70th Anniversary of KA. All areas of KAI heldfun walk with all employees, the Board of Directors of KAI planted trees for environmental greening Education at Ir. H. Juanda Training Center. At the peak of anniversary, the guests walked through the hallway of history containing history records of the railways since the days of the Dutch East Indies until today. launched digital book of Jejak Kenangan Kereta Api di Jawa and Train Ticket Machine.

10

Soft Launching Shiploader Kertapati Shiploader Kertapati Soft Launching

Shiploader berkapasitas 1.500 ton/jam ini merupakan salah satu investasi alat berat KALOG sebagai upaya modernisasi fasilitas untuk mendukung peningkatan volume dan kapasitas kegiatan lo/lo batu bara di Sumatera Selatan. Dengan beroperasinya BLC ini, maka proses loading ke tongkang akan menjadi lebih efisien, dengan waktu loading 5-6 jam yang semula membutuhkan waktu hingga 30 jam. Sementara bagi pelanggan kelebihannya adalah peningkatan jumlah tongkang hingga tiga kali lipat. Selain shiploader, KALOG juga telah menyiapkan 2 unit Gantry Crane di Kertapati.

Shiploader with a capacity of 1,500 tons / hour is one of KALOG equipment investments as facility modernization effort to support increased volume and activities capacity of lo / lo coal in South Sumatra. With the operation of this BLC,the process of loading onto the barge will be more efficient, with the loading time of 5-6 hours which initially takes up to 30 hours. As for the customers, the advantage they get is an increase in the number of barges up to threefold.Other than shiploader, KALOG also has set up 2 units of Gantry Crane in Kertapati.

27

2

KAI Luncurkan KA Angkutan Semen Bima KAI Launched KA Bima Cement Transport

Bertempat di Loading Dome Semen Stasiun Kretek telah dilakukan peluncuran KA angkutan Semen Bima dengan tujuan Stasiun Klari. KA angkutan Semen Bima perdana yang membawa 20 GD berisi 800 ton semen.

Located atcement Loading Dome, Kretek Station launched of KA Bima Cement transport with the route to Klari Station. KA Bima Cement transport premiere took 20 GD containing 800 tons of cement.

24 Unit KRL dari Jepang Hari Ini Tiba di Pelabuhan Tanjung Priok 24 Train Units from Japan arrived at the Port of Tanjung Priok

KCJ mendatangkan 24 unit KRL seri JR 205 dari JR East di Pelabuhan Tanjung Priok, yang merupakan pengadaan KRL tahap ke-4 di tahun 2015 sebanyak 120 unit. Total selama tahun 2015, KCJ telah mendatangkan 102 unit KRL seri JR 205, sisanya sebanyak 18 unit akan tiba di Indonesia pada Januari 2016.

KCJ brought 24 units of JR 205 series train from JR East in Tanjung Priok port, which is stage 4 train procurement in 2015 for 120 units. In 2015, total train brought was 102 units of JR 205 series , and the remaining 18 units will arrive in Indonesia in January 2016.

16

Penandatanganan Joint Venture Kereta Cepat Signing of Joint Venture Bullet Trains

Penandatanganan dilakukan oleh Direktur Utama PT Pilar Sinergi BUMN Indonesia, Dwi Windarto dan Perwakilan dari China Railway International Yang Zhongmin. PT Pilar Sinergi BUMN Indonesia merupakan kolaborasi 4 BUMN yaitu PT Wijaya Karya, KAI, PT Perkebunan Nusantara VIII dan PT Jasa Marga dengan komposisi kepemilikan saham secara berturut-turut adalah 38%, 25%, 25%, dan 12%.

The signing was done by the Director of PT Pilar sinergi SOE Indonesia, Dwi Windarto and Representative of China Railway International Yang Zhongmin. PT Pilar sinergi SOE Indonesia is a collaboration of four state-owned enterprises, namely PT Wijaya Karya, KAI, PT Perkebunan Nusantara VIII and PT Jasa Marga with respective shareholding of 38%, 25%, 25% and 12%.

27

KAI Jalin Kerjasama Dengan General Electric Transportation KAI Cooperation With General Electric Transportation KAI dan GE Transportation menandatangani kesepakatan Maintenance Service Agreement senilai USD 60 juta untuk merawat 50 lokomotif CC206 buatan GE yang dibeli oleh KAI selama 8 tahun.

KAI and GE Transportation signed Maintenance Service Agreement worth of USD 60 million to maintain 50 CC206 locomotives made by GE purchased by KAI for 8 years.

Criteria

Explanation

Page

Discussion on code of ethics Consisting description, among others on:

1. Code of ethics contents;

2. Disclosure that the code of ethics applies to all levels of organization;

3. Dissemination of the code of ethics;

4. Enforcement and sanctions to code of ethics violations; and 5. Statement on corporate culture of the company.

536-545

25 Pengungkapan mengenai whistleblowing system Memuat uraian tentang mekanisme whistleblowing system

antara lain:

1. Penyampaian laporan pelanggaran; 2. Perlindungan bagi whistleblower;

3. Penanganan pengaduan;

4. Pihak yang mengelola pengaduan; dan

5. Jumlah pengaduan yang masuk dan diproses pada tahun buku terakhir serta tindak lanjutnya.

553-559 Disclosure of whistleblowing system Consisting of description on whistleblowing system mechanism,

among others:

1. Whistleblowing delivery; 2. Protection to whistleblower; 3. Handling of complaints;

4. Parties handling the complaints; and

5. Number of complaints received and processed in the last iscal year and the follow-ups.

26 Kebijakan mengenai keberagaman komposisi Dewan Komisaris dan Direksi

Uraian kebijakan Perusahaan mengenai keberagaman komposisi Dewan Komisaris dan Direksi

Dalam pendidikan (bidang studi),pengalaman kerja,usia, dan jenis kelamin.

Catatan: apabila tidak ada kebijakan dimaksud, agar

diungkapkan alas an dan pertimbangannya 401-402 427-428 Policy on Composition Diversity of Board of Commissioners and

Board of Directors

Description of Company policy on composition diversity of Board of Commissioners and Board of Directors by education (ield of study), work experience, age, and gender.

Note: explanation shall be given in the event that concerned policy is nonexistent

VII. Informasi Keuangan

Financial Information

1 Surat Pernyataan Direksi dan/atau Dewan Komisaris tentang Tanggung Jawab atas Laporan Keuangan*

Kesesuaian dengan peraturan terkait tentang Tanggung Jawab atas Laporan Keuangan

639 Statements from Board of Directors and/or Board of

Commissioners on the Accountability on Financial Statements

Compliance with relevant regulation on Accountability on Financial Statements

2 Opini auditor independen atas laporan keuangan

643 Independent auditor’s opinion on the inancial statements

3 Deskripsi Auditor Independen di Opini Deskripsi memuat tentang: 1. Nama & tanda tangan; 2. Tanggal Laporan Audit; dan

3. Nomor ijin KAP dan nomor ijin Akuntan Publik.

642-644 Independent auditor’s decription on the opinion The description includes:

1. Names and signatures; 2. Date of Audit Report; and

3. Public Accounting Firm’s and Public Accountant’s License Numbers.

4 Laporan keuangan yang lengkap Memuat secara lengkap unsur-unsur laporan keuangan: 1. Laporan posisi keuangan;

2. Laporan laba rugi dan penghasilan komprehensif lain; 3. Laporan perubahan ekuitas;

4. Laporan arus kas;

5. Catatan atas laporan keuangan;

6. Informasi komparatif mengenai periode sebelumnya; dan 7. Laporan posisi keuangan pada awal periode sebelumnya

ketika entitas menerapkan suatu kebijakan akuntansi secara retrospektif atau membuat penyajian kembali pos-pos laporan keuangan, atau ketika entitas mereklasiikasi pos-pos dalam laporan keuangannya (jika relevan).

645-807 Comprehensive inancial statements Consisting comprehensively elements of the financial

statements, such as:

1. Statements of inancial position; 2. Statements of comprehensive income; 3. Statements of changes in equity; 4. Statements of cash lows; 5. Notes to the inancial statements

6. Comparative information on the previous period; and 7. Statements of financial position at the beginning of

comparative period presented when an entity applies an accounting policy retrospectively or makes restatement of financial statements posts, or when an entity reclassifies posts in the inancial statements (if relevant).

5 Perbandingan tingkat proitabilitas Perbandingan laba (rugi) tahun berjalan dengan tahun sebelumnya

648 Comparison of proitability level Comparison between profit (loss) in current year and the

previous year

6 Laporan Arus Kas Memenuhi ketentuan sebagai berikut:

1. Pengelompokan dalam tiga kategori aktivitas: operasi, investasi, dan pendanaan;

2. Penggunaan metode langsung (direct method) untuk melaporkan arus kas dari aktivitas operasi;

3. Pemisahan penyajian antara penerimaan kas dan atau pengeluaran kas selama tahun berjalan pada aktivitas operasi, investasi dan pendanaan; dan

4. Pengungkapan transaksi non kas harus dicantumkan dalam catatan atas laporan keuangan.

Criteria

Explanation

Page

Statements of Cash Flows Fulilling the following requirements:

1. Classification in three categories of activity: operation, investment, and funding;

2. The use of direct method in cash flow reporting from operational activities;

3. Separation of presentation between cash receipts and/or cash expenses for the period in operation, investment, and funding activities; and

4. Disclosure of non-cash transaction must be included in the notes to the inancial statements.

650

7 Ikhtisar Kebijakan Akuntansi Meliputi sekurang-kurangnya:

1. Pernyataan kepatuhan terhadap SAK;

2. Dasar pengukuran dan penyusunan laporan keuangan; 3. Pengakuan pendapatan dan beban;

4. Imbalan kerja; dan 5. Instrumen Keuangan.

668-687 Accounting Policy Highlights Consisting at least:

1. Statement of compliance with Financial Accounting Standards (SAK);

2. Basis for the measurement and preparation of financial statements;

3. Recognition of revenue and expenses; 4. Employee beneits; and

5. Financial instruments.

8 Pengungkapan transaksi pihak berelasi Hal-hal yang diungkapkan antara lain:

1. Nama pihak berelasi, serta sifat dan hubungan dengan pihak berelasi;

2. Nilai transaksi beserta persentasenya terhadap total pendapatan dan beban terkait; dan

3. Jumlah saldo beserta persentasenya terhadap total aset atau liabilitas

757-758 Disclosure of transactions with related parties Items disclosed among others are:

1. Names of related parties and the nature of relationship with these parties;

2. Transactional value and its percentage against total revenue and relevant expenses; and

3. Total balance and its percentage against total assets or liabilities.

9 Pengungkapan yang berhubungan dengan perpajakan Hal-hal yang harus diungkapkan:

1. Rekonsiliasi iskal dan perhitungan beban pajak kini; 2. Penjelasan hubungan antara beban (penghasilan) pajak

dan laba akuntansi;

3. Pernyataan bahwa Laba Kena Pajak (LKP) hasil rekonsiliasi dijadikan dasar dalam pengisian SPT Tahunan PPh Badan; 4. Rincian aset dan liabilitas pajak tangguhan yang diakui

pada laporan posisi keuangan untuk setiap periode penyajian, dan jumlah beban (penghasilan) pajak tangguhan yang diakui pada laporan laba rugi apabila jumlah tersebut tidak terlihat dari jumlah aset atau liabilitas pajak tangguhan yang diakui pada laporan posisi keuangan; dan

5. Pengungkapan ada atau tidak ada sengketa pajak.

678-679 708-711 Disclosure of matters relating to taxation Matters need to be disclosed:

1. Fiscal reconciliation and current tax expense calculation; 2. Explanation of relationship between tax expense (income)

and accounting proit;

3. Statement acknowledging that Taxable Proits (LKP) from the reconciliation serves as the basis for Corporate Income Tax’s Annual Tax Returns (SPT);

4. Details of assets and deferred tax liabilities recognized in the inancial position statement for each presenting period, and the amount of deferred tax (income) expenses recognized in the income statements if the amount is not visible in the total assets or liabilities of deferred tax recognized in the statements of inancial position; and

5. Disclosure of any tax diputes.

10 Pengungkapan yang berhubungan dengan aset tetap Hal-hal yang harus diungkapkan: 1. Metode penyusutan yang digunakan;

2. Uraian mengenai kebijakan akuntansi yang dipilih antara model revaluasi dan model biaya;

3. Metode dan asumsi signifikan yang digunakan dalam mengestimasi nilai wajar aset tetap (untuk model revaluasi) atau pengungkapan nilai wajar aset tetap (untuk model biaya); dan

4. Rekonsiliasi jumlah tercatat bruto dan akumulasi penyusutan aset tetap pada awal dan akhir periode dengan menunjukkan: penambahan, pengurangan dan

reklasiikasi. 675-677

695-696 Disclosure of matters relating to ixed assets Matters need to be disclosed:

1. Depreciation method used;

2. Description of accounting policy selected, either revaluation or cost model;

3. Methods and signiicant assumptions used to estimate ixed assets’ fair value (for revaluation model) or disclosure of ixed assets’ fair value (for cost model); and

4. Reconciliation of the gross carrying amount and accumulated depreciation of ixed assets at the beginning and the end of period by presenting: addition, reduction, and reclassiication.

Criteria

Explanation

Page

11 Pengungkapan yang berhubungan dengan segmen operasi Hal-hal yang harus diungkapkan:

1. Informasi umum yang meliputi faktor-faktor yang digunakan untuk mengidentifikasi segmen yang dilaporkan;

2. Informasi tentang laba rugi, aset, dan liabilitas segmen yang dilaporkan;

3. Rekonsiliasi dari total pendapatan segmen, laba rugi segmen yang dilaporkan, aset segmen, liabilitas segmen, dan unsur material segmen lainnya terhadap jumlah terkait dalam entitas; dan

4. Pengungkapan pada level entitas, yang meliputi informasi tentang produk dan/atau jasa, wilayah geografis dan pelanggan utama.

760-761 Disclosure of matters relating to operational segment Matters need to be disclosed:

1. General information covering the factors used to identify unreported segment;

2. Information regarding proit and loss, assets, and liabilities of the reported segment;

3. Reconciliation of total revenue, profit and loss, assets, liabilities of the reported segment, and material elements of the other segments against relevant amount in the entity; and

4. Disclosure at the level of entity, covering information on products and/or services, geographical area, and main customer.

12 Pengungkapan yang berhubungan dengan Instrumen Keuangan

Hal-hal yang harus diungkapkan:

1. Rincian instrumen keuangan yang dimiliki berdasarkan klasiikasinya;

2. Nilai wajar tiap kelompok instrumen keuangan; 3. Tujuan dan kebijakan manajemen risiko;

4. Penjelasan risiko yang terkait dengan instrumen keuangan: risiko pasar, risiko kredit dan risiko likuiditas; dan 5. Analisis risiko yang terkait dengan instrumen keuangan

secara kuantitatif. 682-687

762-765 Disclosure relating to Financial Instruments Matters need to be disclosed:

1. Detailed classiication of inancial instruments; 2. Fair value of each group of inancial instruments; 3. Risk management purposes and policies;

4. Explanation of risks relating to inancial instruments: market risks, credit risks, and liquidity risks; and

5. Quantitative risk analysis relating to inancial instruments.

13 Penerbitan laporan keuangan 1. Tanggal laporan keuangan diotorisasi untuk terbit; dan 2. Pihak yang bertanggung jawab mengotorisasi laporan

keuangan.

807 Publication of inancial statements Matters need to be disclosed, among others:

1. Authorized date of the inancial statements for publication; and

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