Statements of Financial Position
As of 31 December 2006 and 2005

Statement of Activities
For the years ended 31 December 2006 and 2005

Statements of Cash Flows
For the years ended 31 December 2006 and 2005

Yayasan Kemanusiaan Ibu Pertiwi
Notes to Financial Statements

1. General
   Yayasan Kemanusiaan Ibu Pertiwi (the "Foundation") was established by deed No. 61 of notary public Josef Sunar Wibisono SH. dated 18 October 2002 and amended by deed No. 33 of Notary public Josef Sunar Wibisono, SH. dated 12 November 2002. In relation with the Laws No. 16 year 2001, the Foundation articles association has been changed by deed No. 40 dated 8 February 2005 of Josef Sunar Wibisono SH. notary public in Denpasar.
   
   The objectives of the foundation, as follow :
   
   1. Assisting to the victims of disaster, violence, criminal, terrorism, nature disaster, accident, and victims of other disaster in general;
   2. Providing the needs of medicines and medical supplies to the victims;
   3. Providing medical assistance and treatments for the victims;
   4. Carrying out other efforts which related and useful to achieve the aim and objectives of the Foundation, and doesn't contrary to the prevailing laws and regulations.
   Based on notarial deed No. 40. dated 8 February 2005 of Josef Sunar Wibisono SH notary public in Denpasar, the board of advisory, management and supervisor changed as follow :
   
   

   Advisory board	:	Aloysius Purwa Anak Agung Gede Ngurah Asmarajaya
   Head of management board	:	David William Magson
   Secretary	:	Purnama Bulan
   Treasury	:	Drs. Totok Sudarmanto
   Supervisor	:	dr. Ida Bagus Tjakra Wibawa Manuaba dr. Anwar Santoso

   
   
   
2. Summary of Significant Accounting Policies
   Set out below is a summary of the significant accounting policies adopted by the Foundation in the preparation of its financial statements.
   
   1. Basis of Preparation of Financial Statements
      
      The financial statements have been prepared on the basis of historical costs and in accordance with generally accepted accounting principles in Indonesia.

Yayasan Kemanusiaan Ibu Pertiwi
Notes to Financial Statements (continued)

2. Summary of Significant Accounting Policies (continued)
   1. Basis of Preparation of Financial Statements (continued)
      
      The statements of cash flows have been prepared using the direct method.
      
      All figures presented in the notes to financial statements are expressed in Rupiah.
      
      
   2. Revenue and Expense Recognition
      
      Revenue from donation is recognized on cash basis.
      
      Expenses are recognized base on accrual basis.
      
      
   3. Cash and Cash Equivalents
      
      Cash and cash equivalents consist of cash on hand and in banks, and short term deposits with maturity not more than three months at the date of placement and no limit in use.
      
      
   4. Fixed assets
      
      Fixed assets are stated at cost less accumulated depreciation. Fixed assets are depreciated using double declining balance method based on the estimated useful lives as follows :
      
      

      Computer	:	50 %
      Office equipment	:	50 %

      
      The cost of repairs and maintenance is charged to expense as incurred Expenditures which extend the future life of assets or provide further economic benefits by increasing capacity are capitalized and depreciated based on applicable depreciation rate. When assets are retired or otherwise disposed of, their carrying value and the related accumulated depreciation are eliminated from the financial statements and the result gain or losses are recognized in the statements of activities.
   5. Foreign Currency Transactions and Balances
      
      The foundation maintains its accounting record in Indonesian Rupiah.
      
      Transaction involving foreign currencies are recorded at Bank Indonesia's middle rates at the time the transactions are made. At the balance sheet date, assets and liabilities denominated in foreign currencies have been translated at Bank Indonesia's middle rate. The net foreign exchange gains or losses are recognized in the current year's statements of activities.
      
      As of 31st December 2006 and 2005, the exchange rate used for US$ 1 is Rp 9,020 and Rp 9,830, respectively.

Yayasan Kemanusiaan Ibu Pertiwi
Notes to Financial Statements (continued)

3. Cash and Cash Equivalents

   	2006	2005
   Cash on hand	5,000,000	5,000,000
   Cash in banks:
   US Dollar accounts	639,836,226	2,282,043,937
   Rupiah accounts	792,152,133	1,910,990,760
   Total cash on hand and in bank	1,436,988,359	4,198,034,697
   Time deposits
   US Dollar	496,100,000	-
   Rupiah	2,341,870,392	1,145,261,424
   Total time deposits	2,837,970,392	1,145,261,424
   Total cash and cash equivalents	4,274,958,751	5,343,296,121

   
   Time deposits represents deposit in PT Lippo Bank Tbk and PT Bank Permata Tbk denominated in USD and Rupiah currency with bearing interest rate ranging 1.5% - 3.5% and 7.5 % - 8.75% per annum respectively, with maturity not more than 3 (three) months.
   
   
4. Fixed assets
   
   Balance and movement of fixed assets for the year ended 31 December 2006.
   
   

   	Balance 1 Jan. 2005	Additions	Deduction	Balance 31 Dec. 2006
   Cost :
   Computer	11,995,000	860,000	1,275,000	11,580,000
   Office equipment	15,119,600	2,910,280	4,090,000	13,939,880
   Motor bike	-	24,000,000	-	24,000,000
   	27,114,600	27,770,280	5,365,000	49,519,880
   Accumulated depreciation :
   Computer	8,344,543	2,401,890	1,122,266	9,624,167
   Office equipment	8,358,977	4,412,824	3,298,854	9,472,947
   	-	12,000,000	-	12,000,000
   	16,703,520	18,814,714	4,421,120	31,097,114
   Book value	10,411,080			18,422,766

4. Fixed assets (continued)
   
   Balance and movement of fixed assets for the year ended 31 December 2005.
   
   

   	Balance 1 Jan. 2005	Additions	Deduction	Balance 31 Dec. 2005
   Cost :
   Computer	10,495,000	1,500,000	-	11,995,000
   Office equipment	10,555,250	4,564,350	-	15,119,600
   	21,050,250	6,064,350	-	27,114,600
   Accumulated depreciation :
   Computer	5,069,085	3,275,458	-	8,344,543
   Office equipment	3,716,217	4,642,760	-	8,358,977
   	8,785,302	7,918,218	-	16,703,520
   Book value	12,264,948			10,411,080

5. Accounts payable and accrued expenses
   
   

   	2006	2005
   Yakkum	-	13,350,600
   Salary	-	11,460,649
   Others	6,637,499	4,271,200
   Total accounts payable and accrued expenses	6,637,499	29,082,449

6. Donation
   
   Represents donation from private, corporation and other institution for general programs (unrestricted). Total donation for the years ended 31 December 2006 and 2005 amounting to Rp 569,746,601 and Rp 392,815,123, respectively.
   
   
7. Other Projects and Donations
   
   Represents other project and donations expenses, which consists of :
   
   

   	2006	2005
   Kembali project	207,726,080	96,171,825
   Other educational costs	699,410	620,000
   Total other projects and donations	208,425,490	96,791,825

   
   
8. General and administrative
   
   Represents general and administrative expenses, which consists of :
   
   

   Salaries and allowance	182,035,000	165,090,000
   Communications	11,119,460	12,699,310
   Office supplies & stationary	7,454,800	3,420,795
   Depreciation of fixed assets	17,858,572	6,666,759
   Legal & professional fee	10,505,405	3,565,000
   Foreign exchanges loss (gain)	86,355,764	11,957,549
   Transportation	23,079,800	16,052,525
   Registration	-	2,453,409
   Publication	2,278,800	4,660,500
   Recruitment	697,500	1,218,500
   Disposal of Fixed assets	943,878
   Others	13,849,033	6,884,400
   	356,117,212	210,753,649
   Allocation to Annika Linden Foundation     (see note 10)	(141,750,000)	(102,397,407)
   Total general and administrative expenses	214,427,212	108,356,242

   
   
9. YKIP-KIDS Scholarship Fund
   
   Represents activity of YKIP - KIDS Scholarship, which consists of :
   
   

   	2006	2005
   Revenue and earnings
   Donation	36,461,200	17,919,015
   Interest income	110,630,094	48,143,608
   Gain on foreign exchange	(48,641,191)	111,380,416
   Total revenue and earnings	98,450,103	177,443,039
   Expenses and loss :
   Salary and benefits	28,310,000	24,560,000
   Communication	2,314,040	2,045,008
   Depreciation	956,142	1,251,459
   Travelling expenses	800,000	-
   Bank charges	1,276,900	-
   Others	3,035,362	1,349,432
   Total expenses and loss	36,692,444	29,205,545
   Net increase of fund	61,757,659	148,237,140
   Beginning balance temporarily restricted net assets	2,236,065,003	2,087,827,863
   Ending balance temporarily restricted net assets	2,297,822,662	2,236,065,003

   
   
10. Annika Linden Foundation Project
    
    Represents activity of project donation from Annika Linden Foundation Project, which consists of :
    
    

    	2006	2005
    Revenue and earnings
    Donation	231,121,800	2,598,831,500
    Interest income	72,246,580	29,843,854
    Total revenue and earnings	303,368,380	2,628,675,354
    Expenses and loss :
    Pasar Badung Project	317,701,348	256,395,068
    Kiola School Fee	17,584,000	9,550,000
    HIV/AIDS Awarness School Program	68,034,000	60,863,780
    Prothesis and Orthopedics	389,417,625	249,793,726
    East Bali Poverty Program	397,725,240	379,088,696
    MERC - Unud	3,580,000	9,685,000
    Kembali North Project	38,413,860	97,324,800
    Hearing Impairment	40,330,000	37,730,000
    Kembali project	140,272,795	66,355,075
    Ubud Bali writer and readers	9,000,000	-
    Allocation from general and administrative
    Expenses (see note 9)	141,750,000	102,397,407
    Total expenses and loss	1,563,808,868	1,269,183,552
    Net (decrease) increase of fund	(1,260,440,488)	1,359,491,802
    Beginning balance temporarily restricted net assets	1,468,713,720	109,221,918
    Ending balance temporarily restricted net assets	208,273,232	1,468,713,720

    
    
11. Bali Bomb Project 2005
    
    Represents activity of project donation from Bali Bomb Project 2005, which consists of :
    
    

    	2006	2005
    Revenue and earnings
    Donation	-	1,072,253,900
    Total revenue and earnings	-	1,072,253,900
    Expenses and loss :
    Crisis Center at Sanglah	-	12,589,877
    Wayang Counselling	-	14,000,000
    Kanaivasu Trauma Counselling	67,355,400	132,000,000
    IDEP supplies & funerary cost	-	8,040,397
    Education insurance	14,882,000	-
    Others	-	1,485,000
    Total expenses and loss	82,237,400	168,115,274
    Net (decrease) increase of fund	(82,237,400)	904,138,626
    Beginning balance temporarily restricted net assets	904,138,626	-
    Ending balance temporarily restricted net assets	821,901,226	904,138,626

    
    
12. Access / BRF Fund
    
    Represents activity of Access / BRF Fund, which consists of :
    
    

    	2006	2005
    Revenue and earnings
    Donation	-	77,100,325
    Total revenue and earnings :	-	77,100,325
    Access Project I	-	25,781,425
    Access Project II	-	46,077,500
    Total expenses and loss	-	71,858,925
    Net increase of fund	-	5,241,400
    Beginning balance temporarily restricted net assets	5,241,400	-
    Ending balance temporarily restricted net assets	5,241,400	5,241,400

    
    
13. Taufik Sinaga Fund
    
    Represents activity of Taufik Sinaga Fund, which consists of :
    
    

    	2006	2005
    Revenue and earnings
    Donation	-	62,065,200
    Total revenue and earnings	-	62,065,200
    Expenses and loss :
    Education cost (Taufik Sinaga)	1,981,990	2,470,580
    Others	-	1,278,252
    Total expenses and loss	1,981,990	3,748,832
    Net (decrease) increase of fund	1,981,990	58,316,368
    Beginning balance temporarily restricted net assets	58,316,368	-
    Ending balance temporarily restricted net assets	56,334,378	58,316,368

    
    
14. Tropical Homes Donation
    
    Represents activity of Tropical Homes Donation, which consists of :
    
    

    	2006	2005
    Revenue and earnings
    Donation	124,554,000	31,000,000
    Total revenue and earnings	124,554,000	31,000,000
    Expenses and loss :
    Nurses	19,320,000	5,250,000
    Food	64,561,500	16,147,500
    Program Office	13,000,000	1,750,000
    Transport Allowance	3,000,000	750,000
    Telecomunication	1,200,000	300,000
    YKIP administration fee	15,000,000	-
    Bonus	1,000,000	-
    Other	14,275,000	-
    Total expenses and loss	131,356,500	24,197,500
    Net (decrease) increase of fund	(6,802,500)	6,802,500
    Beginning balance temporarily restricted net assets	6,802,500	-
    Ending balance temporarily restricted net assets	-	6,802,500

    
    
15. Bali memorial / Quick Silver fund
    
    Represents activity fund, which consists of :
    
    

    	2006	2005
    Revenue and earnings
    Donation	200,000,000	-
    Total revenue and earnings	200,000,000	-
    Expenses and loss :
    Bali memorial / Quick Silver Fund	153,314,014	-
    Total expenses and loss	153,314,014	-
    Net (decrease) increase of fund	46,685,986	-
    Beginning balance temporarily restricted net assets	-	-
    Ending balance temporarily restricted net assets	46,685,986	-

    
    
16. Aware program fund
    
    Represents activity of aware program fund, which consists of :
    
    

    	2006	2005
    Revenue and earnings
    Donation	72,250,300	-
    Total revenue and earnings	72,250,300	-
    Expenses and loss :
    Aware program project	31,763,770	-
    Total expenses and loss	31,763,770	-
    Net (decrease) increase of fund	40,486,530	-
    Beginning balance temporarily restricted net assets	-	-
    Ending balance temporarily restricted net assets	40,486,530	-

    
    
17. Others donation
    
    Represents activity of others program fund, which consists of :
    
    

    	2006	2005
    Revenue and earnings
    Donation	39,241,186	-
    Total revenue and earnings	39,241,186	-
    Expenses and loss :
    Education cost	7,003,165
    Renovating school building	25,992,458
    Others	700,000	-
    Total expenses and loss	33,695,623	-
    Net (decrease) increase of fund	5,545,563	-
    Beginning balance temporarily restricted net assets	-	-
    Ending balance temporarily restricted net assets	5,545,563	-