PT Aneka Tambang Tbk : Antam's 2011 Audited Net Profit Increases 14.5% To Rp1.93 Trillion

PT ANTAM (Persero) Tbk

ANTAM'S 2011 AUDITED NET PROFIT INCREASES 14.5% TO RP1.93 TRILLION FOR MORE INFORMATION PLEASE CONTACT: Bimo Budi Satriyo (Corporate Secretary) Tel : [phone] Fax : [phone]

Email : [e-mail]
Website: www.antam.com

For Immediate Release

Jakarta, 21 March 2012 - PT ANTAM (Persero) Tbk (Antam; IDX

-ANTM; ASX-ATM; Antam) is pleased to announce audited con- solidated net profit which increased 14.5% to Rp1.93 trillion for the full year of 2011, from the Rp1.68 trillion for the same period in 2010. The significant increase was mostly due to higher sales of ferronickel, nickel ore, and gold. 2011 was record year for An- tam's ferronickel production and sales. Antam also posted sig- nificant increase in savings through various efficiency measures. Antam saved Rp75.6 billion in 2011 (preliminary figure), a 148% jump over Rp30.5 billion in 2010.

As Antam's ferronickel smelters operated at optimal levels in

2011, ferronickel production in 2011 rose 5% over 2010 to

19,690 TNi. As such, Antam was able to meet the strong de- mand of ferronickel, selling 19,527 TNi in 2011.

Similar to ferronickel, demand of nickel ore remained robust in

2011, resulting in higher nickel ore production of 13% com- pared to 2010 to 7,959,184 wmt, which consisted of 3,512,151 wmt of high-grade nickel ore and 4,447,006 wmt of low-grade nickel ore. Inline with higher production, sales of nickel ore also rose by 8% over 2010 to 6,345,742 wmt.

Antam's 2011 gold production volume reached 2,667 kg, with Pongkor's gold output amounted to 1,987 kg whilst Cibaliung's gold production reached 680 kg. Antam's gold production de- creased 4% compared to 2010 due to lower gold grades. As both Pongkor and Cibaliung are underground mines, the grades of the gold ores are beyond the company's control. De- spite lower production, strong demand of gold boosted sales volume to 8,009 kg in 2011, an increase of 22% compared to

2010.

Antam's financial structure remains strong and solid. At the end of 2011, Antam had cash and cash equivalents of Rp5.6 trillion, a

33% increase over Rp4.2 trillion in 2010. Antam had Rp3 trillion of Rupiah denominated bonds which was issued at the end of

2011 to largely fund the ferronickel smelters modernisation and optimisation project.

1

Antam remains confident on its solid operations and financial performance in 2012. Antam tar- gets ferronickel production of 18,000 TNi with sales target of 19,500 TNi in 2012. Meanwhile, An- tam targets nickel ore production of 9.4 million wmt with 7.8 million wmt of nickel ore sales target in 2012. In 2012, Antam targets gold production of 3,100 kg, with Pongkor contributes 2,000 kg of gold and Cibaliung contributes 1,100 kg of gold. Antam targets gold sales of 7,000 kg, including third party refining. In 2012, Antam targets bauxite production of 100,000 wmt with 100.000 wmt of sales. Coal production and sales are targeted at 1 million tons, respectively.

In 2012 Antam continues to focus on its value added growth projects. Construction of Antam's Tayan Chemical Grade Alumina project and the East Halmahera FeNi project remain on track. The optimisation of the FeNi II smelter has begun since mid January 2012 and is expected to complete at the beginning of April 2012. Antam's growth projects reflect the company's solid position in the value added, downstream mineral business.

###

2

The original consolidated financial statements included herein are in

Indonesian language.

PERUSAHAAN PERSEROAN (PERSERO)

PT ANEKA TAMBANG Tbk DAN ENTITAS ANAK LAPORAN POSISI KEUANGAN KONSOLIDASIAN

31 Desember 2011 dan 2010, dan

1 Januari 2010/31 Desember 2009

(Disajikan dalam ribuan rupiah, kecuali dinyatakan lain)

PERUSAHAAN PERSEROAN (PERSERO)

PT ANEKA TAMBANG Tbk AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF FINANCIAL POSITION

December 31, 2011 and 2010, and

January 1, 2010/December 31, 2009

(Expressed in thousands of rupiah, unless otherwise stated)

1 Januari 2010/

31 Desember 2009/

January 1, 2010/

2010 December 31, 2009

(Disajikan kembali - (Disajikan kembali - Catatan 43/ Catatan 43/

Catatan/ As restated - As restated - Notes 2011 Note 43) Note 43)

ASET ASSETS

ASET LANCAR CURRENT ASSETS

2a,2f,2l,

Kas dan setara kas 4,32,38,43 5.639.678.574 4.229.101.514 2.766.258.042 Cash and cash equivalents

Piutang usaha - pihak ketiga

Piutang lain-lain (setelah

Catatan atas laporan keuangan konsolidasian merupakan bagian yang tidak terpisahkan dari laporan keuangan konsolidasian secara keseluruhan.

The accompanying notes form an integral part of these consolidated financial statements.

1

The original consolidated financial statements included herein are in

Indonesian language.

PERUSAHAAN PERSEROAN (PERSERO)

PT ANEKA TAMBANG Tbk DAN ENTITAS ANAK LAPORAN POSISI KEUANGAN KONSOLIDASIAN (lanjutan)

31 Desember 2011 dan 2010, dan

1 Januari 2010/31 Desember 2009

(Disajikan dalam ribuan rupiah, kecuali dinyatakan lain)

PERUSAHAAN PERSEROAN (PERSERO)

PT ANEKA TAMBANG Tbk AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF FINANCIAL POSITION (continued)

December 31, 2011 and 2010, and

January 1, 2010/December 31, 2009

(Expressed in thousands of rupiah, unless otherwise stated)

1 Januari 2010/

31 Desember 2009/

January 1, 2010/

2010 December 31, 2009

(Disajikan kembali - (Disajikan kembali - Catatan 43/ Catatan 43/

Catatan/ As restated - As restated - Notes 2011 Note 43) Note 43)

ASET TIDAK LANCAR NON-CURRENT ASSETS

2f,2l

Kas yang dibatasi penggunaannya 10,32,38 82.576.346 95.711.618 123.700.783 Restricted cash Investasi pada aset keuangan Investment in available-for-sale tersedia untuk dijual 2f,11,38 35.668.299 35.668.299 35.668.299 financial asset Investasi pada entitas asosiasi - Investments in associates - bersih 2e,11 173.259.737 128.927.268 37.837.760 net Investasi pada entitas Investment in jointly pengendalian bersama - bersih 1c,11,43 1.035.900.790 97.166.062 - controlled entity - net

Aset tetap (setelah dikurangi

akumulasi penyusutan sebesar Property, plant and equipment

Rp3.926.560.427 pada tahun (net of accumulated

2011, Rp3.393.066.724 pada depreciation of tahun 2010 dan Rp2.906.337.233 Rp3,926,560,427 in 2011, pada tahun 2009, dan akumulasi Rp3,393,066,724 in 2010 and penurunan nilai sebesar Rp2,906,337,233 in 2009, and Rp71.778.258 pada accumulated impairment loss of tahun 2011, Rp91.125.100 pada Rp71,778,258 in 2011, tahun 2010 dan Rp114.086.042 Rp91,125,100 in 2010 and pada tahun 2009) 2i,12,43 2.980.742.742 2.822.659.548 2.868.466.420 Rp114,086,042 in 2009)

Biaya eksplorasi dan pengembangan

tangguhan (setelah dikurangi Deferred exploration and akumulasi amortisasi sebesar development expenditures Rp196.263.827 pada tahun 2011, (net of accumulated Rp152.512.903 pada tahun 2010 amortization of dan Rp116.541.187 pada tahun Rp196,263,827 in 2011,

2009, dan akumulasi Rp152,512,903 in 2010 and penurunan nilai sebesar Rp116,541,187 in 2009, and Rp298.679.530 pada tahun 2011, accumulated impairment loss Rp341.454.462 pada of Rp298,679,530 in 2011, tahun 2010 dan Rp325.070.254 Rp341,454,462 in 2010 and pada tahun 2009) 2n,13 1.142.208.576 913.438.233 780.712.101 Rp325,070,254 in 2009)

Biaya tangguhan (setelah dikurangi

akumulasi amortisasi sebesar Deferred charges (net of Rp88.432.630 pada tahun 2011, accumulated amortization Rp80.235.941 pada of Rp88,432,630 in 2011, tahun 2010 dan Rp64.770.001 Rp80,235,941 in 2010 and pada tahun 2009) 2m,15,43 47.758.925 31.679.057 28.606.145 Rp64,770,001 in 2009)

Taksiran tagihan pajak 2r,19c,43 2.362.779 12.502.508 281.438.187 Estimated claims for tax refund Goodwill - bersih 2w,14,43 185.373.972 85.452.427 76.405.373 Goodwill - net Aset pajak tangguhan - bersih 2r,19d 371.457.104 407.752.089 348.539.106 Deferred tax assets - net Biaya pengelolaan dan Deferred environmental reklamasi lingkungan and reclamation

hidup tangguhan 1.218.501 1.625.968 2.033.435 expenditures

Aset tidak lancar lainnya 2f,16,38,43 34.687.532 72.794.576 40.948.812 Other non-current assets

Jumlah Aset Tidak Lancar 6.093.215.303 4.705.377.653 4.624.356.421 Total Non-current Assets

JUMLAH ASET 15.201.235.077 12.218.889.770 9.929.113.928 TOTAL ASSETS

Catatan atas laporan keuangan konsolidasian merupakan bagian yang tidak terpisahkan dari laporan keuangan konsolidasian secara keseluruhan.

The accompanying notes form an integral part of these consolidated financial statements.

2

The original consolidated financial statements included herein are in

Indonesian language.

PERUSAHAAN PERSEROAN (PERSERO)

PT ANEKA TAMBANG Tbk DAN ENTITAS ANAK LAPORAN POSISI KEUANGAN KONSOLIDASIAN (lanjutan)

31 Desember 2011 dan 2010, dan

1 Januari 2010/31 Desember 2009

(Disajikan dalam ribuan rupiah, kecuali dinyatakan lain)

PERUSAHAAN PERSEROAN (PERSERO)

PT ANEKA TAMBANG Tbk AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF FINANCIAL POSITION (continued)

December 31, 2011 and 2010, and

January 1, 2010/December 31, 2009

(Expressed in thousands of rupiah, unless otherwise stated)

	Catatan/ Notes		2011		2010 (Disajikan kembali - Catatan 43/ As restated - Note 43)	1 Januari 2010/ 31 Desember 2009/ January 1, 2010/ December 31, 2009 (Disajikan kembali - Catatan 43/ As restated - Note 43)
LIABILITAS DAN EKUITAS							LIABILITIES AND STOCKHOLDERS' EQUITY
LIABILITAS JANGKA PENDEK Hutang usaha Pihak ketiga	2f,17,38		255.244.948		247.912.405	155.577.968	CURRENT LIABILITIES Trade payables Third parties
Pihak-pihak berelasi	2f,2l,17, 32,38		2.349.614		16.744.722	2.932.320	Related parties
Biaya masih harus dibayar	2f,2l,18, 32,38,43		379.582.278		378.630.422	227.153.884	Accrued expenses
Hutang pajak Bagian liabilitas jangka	2r,19b,43		87.685.073		411.767.712	16.088.936	Taxes payable
panjang yang jatuh tempo dalam satu tahun Uang muka pelanggan			67.439.756		61.506.413	20.697.369	Current maturities of long-term liabilities Advances from customers
Pinjaman investasi Penyisihan untuk pengelolaan dan reklamasi lingkungan	2f,20,38		8.000.000		768.730.500	239.700.000	Investment loans Provision for environmental
hidup	2f,2o,12,22,38		22.697.741		24.791.187	18.479.675	and reclamation costs
Hutang lain-lain	2f,20,38,43		32.830.173		28.364.800	69.648.525	Other payables

Jumlah Liabilitas Jangka

Pendek 855.829.583 1.938.448.161 750.278.677 Total Current Liabilities

LIABILITAS JANGKA PANJANG Liabilitas jangka panjang - setelah dikurangi bagian yang jatuh tempo						NON-CURRENT LIABILITIES Long-term liabilities - net
dalam satu tahun Penyisihan untuk pengelolaan dan reklamasi lingkungan						of current maturities Provision for environmental
hidup 2f,2o,12,22,38 Uang muka pelanggan Pinjaman investasi 2f,20,38 Hutang obligasi 2f,21,38 Hutang kepada pihak berelasi Kewajiban pensiun dan imbalan pasca-kerja lainnya 2s,2t,2u,31	199.780.915 - - 2.992.235.852 - 378.404.177		200.855.561 - - - - 493.399.406		157.623.126 13.744.978 239.700.000 - 7.992.581 555.519.304	and reclamation costs Advances from customers Investment loans Bonds payable Due to related party Pension and other post-retirement obligations
Liabilitas tidak lancar lainnya 43	2.941.000		2.636.231		2.675.861	Other non-current liabilities
Jumlah Liabilitas Jangka Panjang	3.573.361.944		696.891.198		977.255.850	Total Non-current Liabilities

Catatan atas laporan keuangan konsolidasian merupakan bagian yang tidak terpisahkan dari laporan keuangan konsolidasian secara keseluruhan.

The accompanying notes form an integral part of these consolidated financial statements.

3

The original consolidated financial statements included herein are in

Indonesian language.

PERUSAHAAN PERSEROAN (PERSERO)

PT ANEKA TAMBANG Tbk DAN ENTITAS ANAK LAPORAN POSISI KEUANGAN KONSOLIDASIAN (lanjutan)

31 Desember 2011 dan 2010, dan

1 Januari 2010/31 Desember 2009

(Disajikan dalam ribuan rupiah, kecuali dinyatakan lain)

PERUSAHAAN PERSEROAN (PERSERO)

PT ANEKA TAMBANG Tbk AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF FINANCIAL POSITION (continued)

December 31, 2011 and 2010, and

January 1, 2010/December 31, 2009

(Expressed in thousands of rupiah, unless otherwise stated)

	Catatan/ Notes		2011	2010 (Disajikan kembali - Catatan 43/ As restated - Note 43)	1 Januari 2010/ 31 Desember 2009/ January 1, 2010/ December 31, 2009 (Disajikan kembali - Catatan 43/ As restated - Note 43)
EKUITAS						STOCKHOLDERS' EQUITY
EKUITAS YANG DAPAT DIATRIBUSIKAN						EQUITY ATTRIBUTABLE
KEPADA PEMILIK ENTITAS INDUK Modal saham Modal dasar - 1 saham preferen seri A Dwiwarna dan 37.999.999.999 saham biasa seri B Modal ditempatkan dan disetor penuh - 1 saham preferen seri A Dwiwarna dan 9.538.459.749 saham biasa seri B dengan nilai nominal Rp100 (rupiah penuh) per saham	23		953.845.975	953.845.975	953.845.975	TO OWNERS OF THE PARENT Share capital Authorized capital - 1 preferred series A Dwiwarna share and 37,999,999,999 series B ordinary shares Issued and fully paid capital -1 preferred series A Dwiwarna share and 9,538,459,749 series B ordinary shares with par value of Rp100 (full amount) per share
Tambahan modal disetor - bersih Komponen ekuitas lainnya: Selisih kurs karena penjabaran laporan keuangan	2v,24 43		2.526.309 107.291.412	2.526.309 110.443.996	2.526.309 98.428.499	Additional paid-in capital - net Other equity components: Difference in foreign currency translation
Selisih transaksi						Difference arising from restructuring
restrukturisasi entitas sepengendali	1c,2q		21.334.633	21.334.633	21.334.633	transactions of entities under common control
Saldo laba Yang telah ditentukan penggunaannya			7.768.131.683	6.825.427.687	6.487.015.718	Retained earnings Appropriated
Yang belum ditentukan penggunaannya			1.932.339.270	1.683.399.992	604.307.088	Unappropriated
Saham diperoleh kembali	2y,23		(13.435.143)	(13.435.143)	(13.435.143)	Treasury stock
Jumlah Ekuitas yang Dapat Diatribusikan kepada						Net Equity Attributable to
Pemilik Entitas Induk			10.772.034.139	9.583.543.449	8.154.023.079	Owners of the Parent
KEPENTINGAN NON- PENGENDALI	2b,43		9.411	6.962	47.556.322	NON-CONTROLLING INTERESTS
JUMLAH EKUITAS			10.772.043.550	9.583.550.411	8.201.579.401	TOTAL STOCKHOLDERS' EQUITY
JUMLAH LIABILITAS DAN EKUITAS			15.201.235.077	12.218.889.770	9.929.113.928	TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY

Catatan atas laporan keuangan konsolidasian merupakan bagian yang tidak terpisahkan dari laporan keuangan konsolidasian secara keseluruhan.

The accompanying notes form an integral part of these consolidated financial statements.

4

The original consolidated financial statements included herein are in

Indonesian language.

PERUSAHAAN PERSEROAN (PERSERO)

PT ANEKA TAMBANG Tbk DAN ENTITAS ANAK LAPORAN LABA RUGI KOMPREHENSIF KONSOLIDASIAN Tahun yang Berakhir pada Tanggal-tanggal

31 Desember 2011 dan 2010

(Disajikan dalam ribuan rupiah, kecuali dinyatakan lain)

PERUSAHAAN PERSEROAN (PERSERO)

PT ANEKA TAMBANG Tbk AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF

COMPREHENSIVE INCOME

Years Ended December 31, 2011 and 2010 (Expressed in thousands of rupiah, unless otherwise stated)

2010 (Disajikan kembali - Catatan 43/

Catatan/ As restated -

2

LABA SEBELUM PAJAK

PENGHASILAN 2.568.781.385 2.272.623.684 INCOME BEFORE INCOME TAX

Catatan atas laporan keuangan konsolidasian merupakan bagian yang tidak terpisahkan dari laporan keuangan konsolidasian secara keseluruhan.

The accompanying notes form an integral part of these consolidated financial statements.

5

The original consolidated financial statements included herein are in

Indonesian language.

PERUSAHAAN PERSEROAN (PERSERO)

PT ANEKA TAMBANG Tbk DAN ENTITAS ANAK LAPORAN LABA RUGI KOMPREHENSIF KONSOLIDASIAN (lanjutan)

Tahun yang Berakhir pada Tanggal-tanggal

31 Desember 2011 dan 2010

(Disajikan dalam ribuan rupiah, kecuali dinyatakan lain)

PERUSAHAAN PERSEROAN (PERSERO)

PT ANEKA TAMBANG Tbk AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF COMPREHENSIVE

INCOME (continued)

Years Ended December 31, 2011 and 2010 (Expressed in thousands of rupiah, unless otherwise stated)

	2011		Catatan/ Notes		2010 (Disajikan kembali - Catatan 43/ As restated - Note 43)
BEBAN (MANFAAT) PAJAK PENGHASILAN Kini	604.445.009		2r,19c		656.708.882	INCOME TAX EXPENSE (BENEFIT) Current
Tangguhan	36.444.378				(59.009.609)	Deferred
BEBAN PAJAK PENGHASILAN - BERSIH	640.889.387				597.699.273	INCOME TAX EXPENSE - NET
LABA TAHUN BERJALAN	1.927.891.998				1.674.924.411	INCOME FOR THE YEAR
PENDAPATAN (BEBAN) KOMPREHENSIF LAIN Selisih kurs karena penjabaran laporan keuangan	(3.152.584)		2d		12.015.497	OTHER COMPREHENSIVE INCOME (EXPENSE) Difference in foreign currency translation
JUMLAH PENDAPATAN KOMPREHENSIF TAHUN BERJALAN	1.924.739.414				1.686.939.908	TOTAL COMPREHENSIVE INCOME FOR THE YEAR
LABA TAHUN BERJALAN YANG DAPAT DIATRIBUSIKAN KEPADA: Pemilik entitas induk	1.927.889.549				1.683.399.992	INCOME FOR THE YEAR ATTRIBUTABLE TO: Owners of the parent
Kepentingan non-pengendali	2.449				(8.475.581)	Non-controlling interests
	1.927.891.998				1.674.924.411
JUMLAH PENDAPATAN KOMPREHENSIF YANG DAPAT DIATRIBUSIKAN KEPADA: Pemilik entitas induk	1.924.736.965				1.695.415.489	TOTAL COMPREHENSIVE INCOME ATTRIBUTABLE TO: Owners of the parent
Kepentingan non-pengendali	2.449				(8.475.581)	Non-controlling interests
	1.924.739.414				1.686.939.908
LABA BERSIH PER SAHAM DASAR (Rupiah penuh)	202,44		2x,33		176,77	BASIC EARNINGS PER SHARE (Full amount)

Catatan atas laporan keuangan konsolidasian merupakan bagian yang tidak terpisahkan dari laporan keuangan konsolidasian secara keseluruhan.

The accompanying notes form an integral part of these consolidated financial statements.

6

The original consolidated financial statements included herein are in Indonesian language.

PERUSAHAAN PERSEROAN (PERSERO)

PT ANEKA TAMBANG Tbk DAN ENTITAS ANAK LAPORAN PERUBAHAN EKUITAS KONSOLIDASIAN

Tahun yang Berakhir pada Tanggal-tanggal 31 Desember 2011 dan 2010 (Disajikan dalam ribuan rupiah)

PERUSAHAAN PERSEROAN (PERSERO)

PT ANEKA TAMBANG Tbk AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY

Years Ended December 31, 2011 and 2010 (Expressed in thousands of rupiah)

Yang dapat diatribusikan kepada pemilik entitas induk/Attributable to owners of the parent
Selisih transaksi
Selisih kurs karena restrukturisasi penjabaran entitas
Modal ditempatkan Tambahan laporan sepengendali/
dan disetor modal disetor - keuangan/ Difference arising Saldo laba/Retained earnings
penuh/ bersih/ Difference in from restructuring
Issued and Additional foreign transactions of Yang telah Yang belum
Catatan/ fully paid paid-in currency entities under ditentukan penggunaannya/ ditentukan penggunaannya/ Saham diperoleh kembali/ Jumlah/ Kepentingan non-pengendali/ Jumlah ekuitas/
Notes share capital capital - net translation common control Appropriated Unappropriated Treasury stock Total Non-controlling interests Total stockholders' equity
Saldo tanggal 1 Januari 2010, sebelum penyajian kembali 953.845.975 2.526.309 93.344.910 21.334.633 6.487.015.718 604.307.088 (13.435.143 ) 8.148.939.490 - 8.148.939.490 Balance, January 1, 2010, before restatement Penyesuaian terkait penerapan Effect of implementation of Pernyataan Standar Akuntansi Keuangan (PSAK) 1 Statement of Financial Accounting Standards
(Revisi 2009) 43 - - - - - - - - 42.929.529 42.929.529 (PSAK) 1 (Revised 2009) Effect of implementation of
Penyesuaian terkait penerapan PSAK 12 (Revisi 2009) 43 - - 5.083.589 - - - - 5.083.589 4.626.793 9.710.382 PSAK 12 (Revised 2009)
Saldo tanggal 1 Januari 2010, setelah penyajian kembali 953.845.975 2.526.309 98.428.499 21.334.633 6.487.015.718 604.307.088 (13.435.143 ) 8.154.023.079 47.556.322 8.201.579.401 Balance, January 1, 2010, after restatement
Effect of implementation of Penyesuaian terkait penerapan PSAK 12 (Revisi 2009) - - (1.638.365 ) - - - - (1.638.365 ) (39.073.779 ) (40.712.144) PSAK 12 (Revised 2009) Selisih kurs karena penjabaran laporan keuangan - - 13.653.862 - - - - 13.653.862 - 13.653.862 Difference in foreign currency translation Cadangan umum - - - - 338.411.969 (338.411.969 ) - - - - Appropriation for general reserve Dividen 25 - - - - - (241.722.835 ) - (241.722.835 ) - (241.722.835) Dividend Alokasi untuk program kemitraan Allocation for partnership and
dan bina lingkungan 25 - - - - - (24.172.284 ) - (24.172.284 ) - (24.172.284) community development program
Laba tahun berjalan - - - - - 1.683.399.992 - 1.683.399.992 (8.475.581 ) 1.674.924.411 Income for the year
Saldo tanggal 31 Desember 2010 953.845.975 2.526.309 110.443.996 21.334.633 6.825.427.687 1.683.399.992 (13.435.143 ) 9.583.543.449 6.962 9.583.550.411 Balance, December 31, 2010
Saldo tanggal 1 Januari 2011, sebelum penyajian kembali 953.845.975 2.526.309 106.998.772 21.334.633 6.825.427.687 1.683.399.992 (13.435.143 ) 9.580.098.225 - 9.580.098.225 Balance, January 1, 2011, before restatement
Effect of implementation of
Penyesuaian terkait penerapan PSAK 1 (Revisi 2009) 43 - - - - - - - - 42.929.529 42.929.529 PSAK 1 (Revised 2009) Effect of implementation of
Penyesuaian terkait penerapan PSAK 12 (Revisi 2009) 43 - - 3.445.224 - - - - 3.445.224 (42.922.567 ) (39.477.343) PSAK 12 (Revised 2009) Transitional adjustments for the initial
Penyesuaian transisi atas penerapan awal PSAK 22 (Revisi 2010) 2c - - - - - 4.449.722 - 4.449.722 - 4.449.722 adoption of PSAK 22 (Revised 2010)
Saldo tanggal 1 Januari 2011, setelah penyajian kembali 953.845.975 2.526.309 110.443.996 21.334.633 6.825.427.687 1.687.849.714 (13.435.143 ) 9.587.993.171 6.962 9.588.000.133 Balance, January 1, 2011, after restatement Selisih kurs karena penjabaran laporan keuangan - - (3.152.584 ) - - - - (3.152.584 ) - (3.152.584) Difference in foreign currency translation Cadangan umum - - - - 942.703.996 (942.703.996 ) - - - - Appropriation for general reserve Dividen 25 - - - - - (673.359.997 ) - (673.359.997 ) - (673.359.997) Dividend Alokasi untuk program kemitraan Allocation for partnership and dan bina lingkungan 25 - - - - - (67.336.000 ) - (67.336.000 ) - (67.336.000) community development program
L
Saldo tanggal 31 Desember 2011 953.845.975 2.526.309 107.291.412 21.334.633 7.768.131.683 1.932.339.270 (13.435.143 ) 10.772.034.139 9.411 10.772.043.550 Balance, December 31, 2011

Catatan atas laporan keuangan konsolidasian merupakan bagian yang tidak terpisahkan dari laporan keuangan konsolidasian secara keseluruhan. The accompanying notes form an integral part of these consolidated financial statements.

7

The original consolidated financial statements included herein are in

Indonesian language.

PERUSAHAAN PERSEROAN (PERSERO)

PT ANEKA TAMBANG Tbk DAN ENTITAS ANAK LAPORAN ARUS KAS KONSOLIDASIAN Tahun yang Berakhir pada Tanggal-tanggal

31 Desember 2011 dan 2010 (Disajikan dalam ribuan rupiah)

PERUSAHAAN PERSEROAN (PERSERO)

PT ANEKA TAMBANG Tbk AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF CASH FLOWS

Years Ended December 31, 2011 and 2010 (Expressed in thousands of rupiah)

	2011		Catatan/ Notes		2010 (Disajikan kembali - Catatan 43/ As restated - Note 43)
ARUS KAS DARI AKTIVITAS						CASH FLOWS FROM
OPERASI						OPERATING ACTIVITIES
ARUS KAS DARI AKTIVITAS						CASH FLOWS FROM
OPERASI						OPERATING ACTIVITIES
Penerimaan kas dari pelanggan	10.762.308.459				7.919.932.022	Cash receipts from customers
Penerimaan kas dari restitusi pajak	132.946.544		19e		366.240.287	Cash receipts from tax restitution
Penerimaan bunga	66.115.082				60.460.414	Cash receipts from interest income
Penurunan kas yang
dibatasi penggunaannya 13.135.272 27.989.166 Decrease in restricted cash
Pembayaran kepada pemasok	(7.437.952.568)		(5.308.406.714)	Payments to suppliers
Pembayaran pajak	(1.061.311.374)		(379.533.693)	Payments of tax
Pembayaran kepada komisaris,				Payments to commissioners,
direksi dan karyawan	(936.878.854)		(628.835.117)	directors and employees
Pembayaran bunga	(10.897.724)		(12.342.513)	Payments of interest
Penerimaan (pembayaran)
lain-lain - bersih	40.492.164		(92.405.995)	Other receipts (payments) - net
Kas Bersih yang Diperoleh dari				Net Cash Provided by
Aktivitas Operasi	1.567.957.001		1.953.097.857	Operating Activities
ARUS KAS DARI AKTIVITAS						CASH FLOWS FROM
INVESTASI						INVESTING ACTIVITIES
Penghasilan dividen	325.585.041		11		343.388.545	Dividend income
						Proceeds from sale of property,
Hasil penjualan aset tetap	82.797.300				-	plant and equipment
Perolehan investasi pada						Acquisition of investment
entitas ventura bersama	(962.169.891)		11		(128.451.382)	in jointly controlled entity
						Acquisitions of property, plant
Perolehan aset tetap	(675.402.832)		12		(452.548.241)	and equipment
Pengeluaran biaya eksplorasi						Disbursements for exploration and
dan pengembangan	(223.674.915)				(120.959.942)	development expenditures
Akuisisi Entitas Anak melalui						Acquisitions of Subsidiaries
kepemilikan tidak langsung	(109.518.890)				-	through indirect ownership
Perolehan investasi pada						Acquisitions of investments
entitas asosiasi	(47.049.362)		11		(92.103.530)	in associates
Kas Bersih yang Digunakan untuk				Net Cash Used in
Aktivitas Investasi	(1.609.433.549)		(450.674.550)	Investing Activities
ARUS KAS DARI AKTIVITAS						CASH FLOWS FROM
PENDANAAN						FINANCING ACTIVITIES
Penerimaan hutang obligasi	3.000.000.000				-	Proceeds from bonds payable
Penerimaan pinjaman investasi	705.889.237				539.460.000	Proceeds from investment loans
Pembayaran pinjaman investasi	(1.430.063.590)				(230.689.769)	Repayment of investment loans
Pembayaran dividen	(673.359.997)		25		(241.722.835)	Payment of dividends
Pembayaran untuk alokasi						Payment of allocation for
program kemitraan dan						partnership and community
bina lingkungan	(67.336.000)		25		(24.172.284)	development program
Kas Bersih yang Diperoleh dari				Net Cash Provided by
Aktivitas Pendanaan	1.535.129.650		42.875.112	Financing Activities

Catatan atas laporan keuangan konsolidasian merupakan bagian yang tidak terpisahkan dari laporan keuangan konsolidasian secara keseluruhan.

The accompanying notes form an integral part of these consolidated financial statements.

8

The original consolidated financial statements included herein are in

Indonesian language.

PERUSAHAAN PERSEROAN (PERSERO)

PT ANEKA TAMBANG Tbk DAN ENTITAS ANAK LAPORAN ARUS KAS KONSOLIDASIAN (lanjutan) Tahun yang Berakhir pada Tanggal-tanggal

31 Desember 2011 dan 2010 (Disajikan dalam ribuan rupiah)

PERUSAHAAN PERSEROAN (PERSERO)

PT ANEKA TAMBANG Tbk AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF CASH FLOWS (continued)

Years Ended December 31, 2011 and 2010 (Expressed in thousands of rupiah)

	2011		Catatan/ Notes		2010 (Disajikan kembali - Catatan 43/ As restated - Note 43)
KENAIKAN BERSIH KAS DAN SETARA KAS	1.493.653.102				1.545.298.419	NET INCREASE IN CASH AND CASH EQUIVALENTS
PENGARUH SELISIH KURS						EFFECT OF FOREIGN EXCHANGE RATE FLUCTUATION ON CASH
KAS DAN SETARA KAS	(83.076.042)				(82.454.947)	AND CASH EQUIVALENTS
KAS DAN SETARA KAS AWAL TAHUN	4.229.101.514				2.766.258.042	CASH AND CASH EQUIVALENTS AT BEGINNING OF YEAR
KAS DAN SETARA KAS AKHIR TAHUN	5.639.678.574		4		4.229.101.514	CASH AND CASH EQUIVALENTS AT END OF YEAR
INFORMASI TAMBAHAN ATAS TRANSAKSI NON-KAS: Pemulihan atas penurunan nilai aset tetap, dan biaya eksplorasi dan pengembangan tangguhan	62.121.774		12,13		73.726.276	SUPPLEMENTARY DISCLOSURE OF NON-CASH TRANSACTIONS: Recovery of impairment loss on property, plant and equipment, and deferred exploration and development expenditures
Selisih kurs karena penjabaran laporan keuangan	(3.152.584)		2d		12.015.497	Difference in foreign currency translation

Catatan atas laporan keuangan konsolidasian merupakan bagian yang tidak terpisahkan dari laporan keuangan konsolidasian secara keseluruhan.

The accompanying notes form an integral part of these consolidated financial statements.

9