NERACA . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

BALANCE SHEET Fiscal data as of Dec 31 2012 [1] ASSETS Cash And Short Term Investments Total Receivables, Net Total Inventory Prepaid expenses Other current assets, total Total current assets Property, plant & equipment, net Goodwill, net Intangibles, net Long term investments Note receivable - long term Other long term assets Total assets LIABILITIES Accounts payable Accrued expenses Notes payable/short-term debt Current portion long-term debt/capital leases Other current liabilities, total Total current liabilities Total long term debt Total debt Deferred income tax Minority interest Other liabilities, total Total liabilities SHAREHOLDERS EQUITY Common stock Additional paid-in capital Retained earnings (accumulated deficit) Treasury stock - common Unrealized gain (loss) Other equity, total Total equity Total liabilities & shareholders' equity Total common shares outstanding Treasury shares - common primary issue 2012 ------13843 -----4040140 ----19413 -176220 176220 --45487 3668216 361810 13389 -15215 -11940 -371925 4040140 3709 -2011 ------18037 -----3481155 ----9594 -241458 241458 --38341 3133539 361810 13389 -48241 -20658 -347616 3481155 3709 -2010 ------25641 -----3054093 ----11446 -243012 243012 --24543 2775807 343063 7947 -81098 -8373 -278286 3054093 3517 --

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RUGI-LABA INCOME STATEMENT Fiscal data as of Dec 31 2012 [1] REVENUE AND GROSS PROFIT Total revenue OPERATING EXPENSES Cost of revenue total Selling, general and admin. expenses, total Depreciation/amortization Unusual expense(income) Other operating expenses, total Total operating expense Operating income Other, net INCOME TAXES, MINORITY INTEREST AND EXTRA ITEMS Net income before taxes Provision for income taxes Net income after taxes Minority interest Net income before extra. Items Total extraordinary items Net income Inc.avail. to common excl. extra. Items Inc.avail. to common incl. extra. Items EPS RECONCILIATION Basic/primary weighted average shares Basic/primary eps excl. extra items Basic/primary eps incl. extra items Dilution adjustment Diluted weighted average shares Diluted eps excl. extra items Diluted eps incl. extra items COMMON STOCK DIVIDENDS DPS - common stock primary issue Gross dividend - common stock PRO FORMA INCOME Pro forma net income Interest expense, supplemental SUPPLEMENTAL INCOME Depreciation, supplemental Total special items NORMALIZED INCOME Normalized income before taxes Effect of special items on income taxes Income tax excluding impact of special items Normalized income after tax Normalized income avail. to common Basic normalized EPS Diluted normalized EPS

2012 ---------51471 18444 33027 -33027 -33027 33027 33027 3629 9.1 9.1 -3629 9.1 9.1 0 0 --4402 -51471 -18444 33027 33027 9.1 9.1

2011 ---------44985 12129 32856 -32856 -32856 32856 32856 3629 9.05 9.05 -3653 8.99 8.99 0 0 --3791 -44985 -12129 32856 32856 9.05 8.99

2010 ---------19381 5355 14027 -14027 -14027 14027 14027 3506 4 4 -3507 4 4 0 0 --5126 -19381 -5355 14027 14027 4 4

ARUS KAS . CASH FLOW STATEMENT . . Fiscal data as of Dec 31 2012 [1] . OPERATIONS . Net income . Depreciation/depletion . Non-Cash items . Cash taxes paid, supplemental . Cash interest paid, supplemental . Changes in working capital . Total cash from operations . INVESTING . Capital expenditures . Other investing and cash flow items, total . Total cash from investing . FINANCING . Financing cash flow items . Total cash dividends paid . Issuance (retirement) of stock, net . Issuance (retirement) of debt, net . Total cash from financing . NET CHANGE IN CASH . Foreign exchange effects . Net change in cash . Net cash-begin balance/reserved for future use . Net cash-end balance/reserved for future use . SUPPLEMENTAL INCOME . Depreciation, supplemental . Cash interest paid, supplemental . Cash taxes paid, supplemental

2012 ------125683 -43659 -3554 56039 52485 --0 -65238 -65238 1942 -54469 1412836 1358367

2011 -----454487 513845 -3185 35327 32143 --24189 -1554 22635 1317 569939 842897 1412836

2010 ------67311 61405 -7726 230744 223018 -53 -1243 151980 153170 242 437835 405062 842897

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NERACA-TRIWULAN . BALANCE SHEET . . Fiscal data as of Dec 31 2012 [1] . ASSETS . Cash And Short Term Investments . Total Receivables, Net . Total Inventory . Prepaid expenses . Other current assets, total . Total current assets . Property, plant & equipment, net . Goodwill, net . Intangibles, net . Long term investments . Note receivable - long term . Other long term assets . Total assets . LIABILITIES . Accounts payable . Accrued expenses . Notes payable/short-term debt . Current portion long-term debt/capital leases . Other current liabilities, total . Total current liabilities . Total long term debt . Total debt . Deferred income tax . Minority interest . Other liabilities, total . Total liabilities . SHAREHOLDERS EQUITY . Common stock . Additional paid-in capital . Retained earnings (accumulated deficit) . Treasury stock - common . Unrealized gain (loss) . Other equity, total . Total equity . Total liabilities & shareholders' equity . Total common shares outstanding . Treasury shares - common primary issue

2012 ------13843 -----4040140 ----19413 -176220 176220 --45487 3668216 361810 13389 -15215 -11940 -371925 4040140 3709 --

2011 ------18037 -----3481155 ----9594 -241458 241458 --38341 3133539 361810 13389 -48241 -20658 -347616 3481155 3709 --

2010 ------25641 -----3054093 ----11446 -243012 243012 --24543 2775807 343063 7947 -81098 -8373 -278286 3054093 3517 --

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RUGI LABA-TRIWULAN INCOME STATEMENT Fiscal data as of Dec 31 2012 [1] REVENUE AND GROSS PROFIT Total revenue OPERATING EXPENSES Cost of revenue total Selling, general and admin. expenses, total Depreciation/amortization Unusual expense(income) Other operating expenses, total Total operating expense Operating income Other, net INCOME TAXES, MINORITY INTEREST AND EXTRA ITEMS Net income before taxes Provision for income taxes Net income after taxes Minority interest Net income before extra. Items Total extraordinary items Net income Inc.avail. to common excl. extra. Items Inc.avail. to common incl. extra. Items EPS RECONCILIATION Basic/primary weighted average shares Basic/primary eps excl. extra items Basic/primary eps incl. extra items Dilution adjustment Diluted weighted average shares Diluted eps excl. extra items Diluted eps incl. extra items COMMON STOCK DIVIDENDS DPS - common stock primary issue Gross dividend - common stock PRO FORMA INCOME Pro forma net income Interest expense, supplemental SUPPLEMENTAL INCOME Depreciation, supplemental Total special items NORMALIZED INCOME Normalized income before taxes Effect of special items on income taxes Income tax excluding impact of special items Normalized income after tax Normalized income avail. to common Basic normalized EPS Diluted normalized EPS

2012 ----------

2011 ----------

2010 ----------

51471 18444 33027 -33027 -33027 33027 33027 3629 9.1 9.1 -3629 9.1 9.1 0 0 --4402 -51471 -18444 33027 33027 9.1 9.1

44985 12129 32856 -32856 -32856 32856 32856 3629 9.05 9.05 -3653 8.99 8.99 0 0 --3791 -44985 -12129 32856 32856 9.05 8.99

19381 5355 14027 -14027 -14027 14027 14027 3506 4 4 -3507 4 4 0 0 --5126 -19381 -5355 14027 14027 4 4

ARUS KAS TRIWULAN CASHFLOW STATEMENT . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Fiscal data as of Dec 31 2012 [1] OPERATIONS Net income Depreciation/depletion Non-Cash items Cash taxes paid, supplemental Cash interest paid, supplemental Changes in working capital Total cash from operations INVESTING Capital expenditures Other investing and cash flow items, total Total cash from investing FINANCING Financing cash flow items Total cash dividends paid Issuance (retirement) of stock, net Issuance (retirement) of debt, net Total cash from financing NET CHANGE IN CASH Foreign exchange effects Net change in cash Net cash-begin balance/reserved for future use Net cash-end balance/reserved for future use SUPPLEMENTAL INCOME Depreciation, supplemental Cash interest paid, supplemental Cash taxes paid, supplemental 2012 ------125683 -43659 -3554 56039 52485 --0 -65238 -65238 1942 -54469 1412836 1358367 2011 -----454487 513845 -3185 35327 32143 --24189 -1554 22635 1317 569939 842897 1412836 2010 ------67311 61405 -7726 230744 223018 -53 -1243 151980 153170 242 437835 405062 842897

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RASIO RATIO [1] P/E Ratio (TTM) P/E High - Last 5 Yrs. P/E Low - Last 5 Yrs. Beta Price to Sales (TTM) Price to Book (MRQ) Price to Tangible Book (MRQ) Price to Cash Flow (TTM) Price to Free Cash Flow (TTM) % Owned Institutions [1] Sales % EPS % Dividend %

*Company* 12.92 203.03 12.8 1.02 4.05 1.18 2.35 ---*1 Year* -5 1.19 --

*Industry* 12.16 16.48 9.54 1.44 4.45 2.71 2.71 10.37 23.07 -*3 Years* -3.74 137.73 --

*Sector* 13.39 25.28 10.42 1.43 4.81 2.59 2.66 14.92 21.67 -*5 Years* -1.69 ---

LAPORAN KEUANGAN Bank Rakyat Indonesia Agroniaga Tbk