No.

Topic Content to be discussed Status Due Date

- MMKSI items
- 20 items already quoted to MMKSI with Supplier price base (no Closed
profit/margin)
- MMKSI has confirmed will absorb 4 items of Ring Piston Set and Glow Closed
Plug
- MMKSI request MKM to add packing of those 4 items, ~14 Sep
MKM will study and inform packing cost to MMKSI
- Remain 16 items, MKM will arrange the meeting to do join check with ~15 Sep
MMKSI (in order to compare actual MKM part and sample part from
MMKSI)
- After joint check MMKSI will inform others item that would be bought ~20 Sep
(absorb) by MMKSI
Status of Euro 2 Parts
1 (Offered to KTB SP and
MMKSI)
- KTB SP items
- 30 items already quoted to KTB SP with Supplier price base (no Closed
profit/margin)
- KTB SP has confirmed will absorb 2 items (Piston and Coupler Intake) Closed
- Remain 28 items, MKM will arrange the meeting to do join check with
KTB SP (in order to compare actual MKM part and sample part from KTB ~15 Sep
SP)
- After joint check KTB SP will inform others item that would be bought
(absorb) by KTB SP ~20 Sep

- Fuel price increment Rp 5150 => Rp 6800 per Liter (+32%, a)

- Fuel portion in transportation cost around (22%, b)
- The total impact from current transporation price is 7.2% (a*b)

Estimate of transportation - Current average cost/month for transport is Rp 21.5 Mio.*

price increment - After increment 7.2% is amouting Rp 23 Mio.*
2 due to fuel price Increment
(Rp 5150 => Rp 6800) Note : *based on historical payment to Hanagata

- Current condition the Supplier (Hanagata) not propose yet price increment to TBD
MKM

- MKM (Co/ME) already calculated and compared between process cost of Closed
Engine Assy 6M60 vs TA Euro 4
- There are increment price from Rp 2.7 Mio => Rp 3.4 Mio. Per unit (+26%)

- Increment reason due to :

Localization proposal of 1. Update Man Rate from 2019 to 2022 (+10%)
Engine and T/M of 2. Add. Man Hour from 8.3 U/H=> 8.68 U/H (+1%)
3
TA model 3. Input Sub material cost (+16%)

- Co already informed to ME and still waiting feedback from ME Dept.

TBD

- Proc request to ME provide data theoritical scrap (in order to compare with
actual scrap weighing by PPC)

- Proc still waiting data from ME for period Feb ~ Aug '22
Data regular scrap
4
- Proc continue to make debit instruction/invoice based on PPC data without Closed
compared to ME data

- Proc waiting ME summarize data to be calculated and proposed to MMKI ~9 Sep

- Price calculation and discussion (review)

- Explanation to BoD ~15 Sep
~16 Sep
Progress SL 23MY - MKM will propose development cost to be included in PJL price
5
- For the mass prodution price, material will be excluded due to will be used ~20 Sep
MMKI CPS scheme ~20 Sep

< 25% < 85%

To Start < 50% Progress 100% Progress
Progress Progress
0 1 2 3 4

<please type respective number in status cell>

Sales Price Proposal (Overstock Euro 2)

Sales
No. Part No Descriptio Model Qty Amount
Price

Previous New
1 MD026895 RING PISTON 2ND SLD/L300 820 Rp 10,035 Rp 9,093 Rp 7,456,260
2 MD050405 RING PISTON SLD/L300 1,080 Rp 57,789 Rp 52,363 Rp 56,552,040
3 MD075168 RING OIL TOP SLD/L300 1,200 Rp 31,538 Rp 28,577 Rp 34,292,400
4 MD364515-L GLOW,PLUG SLD/L300 2,856 Rp 49,519 Rp 44,869 Rp 128,145,864
5 MF140207 Bolt Flange 6X20 SLD/L300 2,040 Rp 459 Rp 416 Rp 848,605
6 MF140217 Bolt Flange 6X50 SLD/L300 720 Rp 773 Rp 701 Rp 504,572
7 MF140219 Bolt Flange 6X60 SLD/L300 960 Rp 879 Rp 797 Rp 764,673
8 MD050061 CLAMP-B SLD/L300 420 Rp 1,260 Rp 1,142 Rp 479,619
9 MD050062 CLAMP-C SLD/L300 210 Rp 1,564 Rp 1,417 Rp 297,528
10 MF140208 Bolt Flange 6X22 SLD/L300 2,260 Rp 510 Rp 462 Rp 1,043,871
11 MD050060 CLAMP-A SLD/L300 1,080 Rp 1,022 Rp 926 Rp 999,810
12 1800A144 ALTERNATOR SLD/L300 7 Rp 1,099,599 Rp 996,350 Rp 6,974,450
13 MD180581 V-BELT ( P/S ) SLD/L300 11 Rp 14,855 Rp 13,460 Rp 148,060
14 MD187011 GASKET-EX/MFD SLD/L300 32 Rp 37,859 Rp 34,304 Rp 1,097,728
15 MD327591 BRACE ALTERNATOR SLD/L300 103 Rp 11,976 Rp 10,852 Rp 1,117,746
16 MD335444 BALL BEARING SLD/L300 233 Rp 14,523 Rp 13,159 Rp 3,066,047
17 MD016827 PAN OIL SLD/L300 143 Rp 115,742 Rp 104,874 Rp 14,996,948
18 MD110165 DAMPER PULLEY SLD/L300 2 Rp 256,519 Rp 232,433 Rp 464,866
19 MD050456 FITTING,WATER INLET SLD/L300 26 Rp 25,176 Rp 22,812 Rp 593,112
20 MD366919 GASKET-F/CASE SLD/L300 96 Rp 5,141 Rp 4,658 Rp 447,168
14,299 Rp 260,291,366
Sales Price Proposal (Overstock Euro 2)

Sales
No. Part No Descriptio Model Qty Amount
Price

1 ME229393-L1 COVER ASSY ROCKER TD 75 Rp 130,390 Rp 9,779,250

2 MH014025 V-BELT TD 36 Rp 25,100 Rp 903,600
3 ME224760 COVER ASSY, THERMOSTAT TD 63 Rp 59,792 Rp 3,766,896
4 ME017230 COOLER ASSY, OIL TD 5 Rp 605,522 Rp 3,027,610
5 ME013263 BEARING C/S UPPER TD 180 Rp 12,439 Rp 2,239,020
6 ME013268 BEARING C/S LOWER TD 180 Rp 12,322 Rp 2,217,960
7 ME240065 BEARING CONROD UPR TD 207 Rp 12,164 Rp 2,517,948
8 ME240066 BEARING CONROD LWR TD 180 Rp 12,104 Rp 2,178,720
9 ME013560 BEARING THRUST TD 141 Rp 22,557 Rp 3,180,537
10 KM104971-L FILTER ASSY, FUEL TD 16 Rp 79,200 Rp 1,267,200
11 ME228726L OIL FILTER TD 2 Rp 71,600 Rp 143,200
12 ME220470 PISTON STD TD 35 Rp 340,690 Rp 11,924,150
13 ME228468-L1 PULLEY,CRANKSHAFT TD 2 Rp 180,777 Rp 361,554
14 MH020777VELASTOCLAMP TD 800 Rp 9,271 Rp 7,416,800
15 ME013301 CYLINDER HEAD GASKET(T1) TD 60 Rp 150,990 Rp 9,059,400
16 ME017168X SPRING VALVE TD 232 Rp 17,130 Rp 3,974,160
17 ME226005 COUPLER, INTAKE TD 143 Rp 47,953 Rp 6,857,279
18 ME228733-L1 INLET MANIFOLD ASSY TD 61 Rp 290,442 Rp 17,716,962
19 ME015241 RING, OIL TD 240 Rp 31,596 Rp 7,583,040
20 ME015257 RING, COMPR NO.2 TD 240 Rp 21,935 Rp 5,264,400
21 ME221019 RING, COMPR NO.1 TD 120 Rp 42,129 Rp 5,055,480
Stat Reference Vendor Payment reference Assignment DocumentNo
@5B\QCleared@ 045/INV-HT/04 900106 HANAGATA TEKNIK 10.003-22.05333688 1900062546
@5B\QCleared@ 046/INV-HT/04 900106 HANAGATA TEKNIK 10.003-22.05333689 1900062547
@5B\QCleared@ 55/INV-HT/05/22 900106 HANAGATA TEKNIK 10.003-22.05333699 1900062605
@5B\QCleared@ 56/INV-HT/05/22 900106 HANAGATA TEKNIK 10.003-22.05333700 1900062606
@5B\QCleared@ 67/INV-HT/06/22 900106 HANAGATA TEKNIK 10.003-22.05333713 1900062689
@5B\QCleared@ 68/INV-HT/06/202 900106 HANAGATA TEKNIK 10.003-22.05333714 1900062690
@5B\QCleared@ 76/INV-HT/07/22 900106 HANAGATA TEKNIK 10.007-22.57046014 1900062772
@5B\QCleared@ 77/INV-HT/07/22 900106 HANAGATA TEKNIK 10.007-22.57046015 1900062773
@5C\Qopen@ 85/INV-HT/08/22 900106 HANAGATA TEKNIK 10.007-22.57046023 1900062848
@5C\Qopen@ 84/INV-HT/08/22 900106 HANAGATA TEKNIK 10.007-22.57046022 1900062849
Clrng doc. DD Text
1500032156 Transport Payment Hanagata Apr '22 MKM 1
1500032156 Transport Payment Hanagata Apr '22 MKM 2
1500032259 Transport Payment Hanagata May '22 MKM 1
1500032259 Transport Payment Hanagata May '22 MKM 2
1500032403 Transport Payment Hanagata Jun '22 MKM 1
1500032403 Transport Payment Hanagata Jun '22 MKM 2
1500032475 Transport Payment Hanagata Jul '22 (MKM 1)
1500032475 Transport Payment Hanagata Jul '22 (MKM 2)
@FR\QNot due@ Transport Payment Hanagata Aug '22 (MKM 2)
@FR\QNot due@ Transport Payment Hanagata Aug '22 (MKM 1)
User Name Doc. Date Pstng Date Entry Date Net due dt Amount in doc. curr. Curr.
MKM01736 04/30/2022 05/11/2022 05/12/2022 05/30/2022 -15,472,550 IDR
MKM01736 04/30/2022 05/11/2022 05/12/2022 05/30/2022 -11,263,406 IDR
MKM01736 05/31/2022 05/31/2022 06/07/2022 06/29/2022 -13,155,167 IDR
MKM01736 05/31/2022 05/31/2022 06/07/2022 06/29/2022 -18,185,865 IDR
MKM01736 06/30/2022 06/30/2022 07/07/2022 07/28/2022 -23,619,755 IDR
MKM01736 06/30/2022 06/30/2022 07/07/2022 07/28/2022 -23,107,194 IDR
MKM01736 07/31/2022 07/31/2022 08/05/2022 08/30/2022 -26,910,465 IDR
MKM01736 07/31/2022 07/31/2022 08/05/2022 08/30/2022 -26,669,314 IDR
MKM01736 08/31/2022 08/31/2022 09/06/2022 09/29/2022 -31,155,143 IDR
MKM01736 08/31/2022 08/31/2022 09/06/2022 09/29/2022 -25,235,680 IDR

Average/month of transport payment (Rp) =

Average/month after increment fuel price =

 Amount in local cur. LCurr
-15,472,550 IDR 15,472,550
-11,263,406 IDR 11,263,406
-13,155,167 IDR 13,155,167
-18,185,865 IDR 18,185,865
-23,619,755 IDR 23,619,755
-23,107,194 IDR 23,107,194
-26,910,465 IDR 26,910,465
-26,669,314 IDR 26,669,314
-31,155,143 IDR 31,155,143
-25,235,680 IDR 25,235,680

erage/month of transport payment (Rp) => 21,477,454 Fuel Price Increment Ratio (%)
Fuel price increment (%) => 7% 5,150 6,800 32%
1,541,195
verage/month after increment fuel price => 23,018,649 Fuel Portion in Sales Price
40,000 178,592 22%

Total Increment
7.2% => Increment based on fuel price
 BEFORE BEFORE (Include
Engine Comparison
New Investment Rate/Hour Cost/Unit Sub Material)
Hour 8.03 8.03
Direct Rate / Hour 102,643 824,325 824,325
Indirect Rate / Hour 143,036 1,148,728 1,148,728
Labor Cost 1,973,053 1,973,053

Material consumption 13,818 110,972 110,972

Sub Material 433,121

Electricity 3,946 31,690 31,690
Maintenance 4,857 39,004 39,004
Others 1,718 13,795 13,795
Factory Overhead 195,461 628,583
Depr - Building 2,594 20,832 20,832
Depr - Machinery & Equipment 6,326 50,806 50,806
Depr - Tools 4,623 37,127 37,127
New Depreciation - Machine 3,672,913,750 16 Year 31,883 31,883
New Depreciation - Tooling 1,497,500,000 4 Year 51,997 51,997
Depreciation - Bench Test 31,641 31,641
Others 1,574 12,644 12,644
Depreciation 236,930 236,930

General Administrative (6,5%) 156,354 184,507

Royalty (3%) 82,197 96,997
Profit (3,5%) 95,896 113,163
TOTAL Without Logistic cost 2,739,891 3,233,233
Logistic Cost 16,667
TOTAL COST 2,739,891 3,249,900

16% 26%
 11%
AFTER (Include Sub Material) A to A Total
New Investment Rate/Hour Cost/Unit Gap GAP
8.68 0.65 0.65
87,893 762,909 - 61,416 - 61,416
163,475 1,418,963 270,235 270,235
2,181,872 208,819 208,819

1,598 13,874 - 97,098 - 97,098

433,121 - 433,121
2,428 4,079 35,407 3,717 3,717
9,162 5,549 48,166 9,161 9,161
1,963 17,035 3,240 3,240
547,603 - 80,979 352,142
- 20,832 - 20,832
- 50,806 - 50,806
- 37,127 - 37,127
1,923,157,875 4 Year 66,776 34,893 34,893
1,502,250,000 4 Year 52,161 165 165
160,830 129,189 129,189
- 12,644 - 12,644
279,768 42,838 42,838

195,601 11,094 39,247

102,829 5,832 20,632
119,967 6,804 24,071
3,427,641 194,408 687,750
16,667 - 16,667
3,444,308 194,408 704,417

6%
 Remark
Update Hour estimation
Rate 2019 (100%MKM) --> 2022 (60%MKM:40%OS)
Rate 2019 --> 2022

Previous calculation using Factory supply Average actual 2019

Curent proposal using material standard / unit
Previous calculation didn't include Sub Material. But actual price to KTB Include sub material
Rate 2019 --> 2022
Rate 2019 --> 2022
Take-out Land tax

Without consider current common depreciation

Without consider current common depreciation
Without consider current common depreciation
16 --> 4 Year (by reviewing each item investment, catogerized by tooling)
Update Tooling estimation
using actual TD Euro 4. Previous price
Take-out others factory expense (QM & PPC Portion)

percentage impact of Manufacturing cost increase

Previous calculation didn't include Logistic cost

Control Scrap NIJU (In House)
Scrap Weight (Kg)
No. Source Jan-22 Feb-22 Mar-22 Apr-22 May-22 Jun-22 Jul-22 Aug-22 Sep-22 Oct-22 Nov-22 Dec-22 Total
PPC Data (Actual weighing) (a) 446,600 352,750 470,920 87,280 179,140 210,580 204,300 303,190 2,254,760
1 Material NG process (b) 47,190 5,510 12,000 3,380 680 2,440 3,320 2,960 77,480
Net scrap (c=a-b) 399,410 347,240 458,920 83,900 178,460 208,140 200,980 300,230 - - - - 2,177,280
2 PE Data 501,887 501,887
Balance (102,477) 352,750 470,920 87,280 179,140 210,580 204,300 303,190 - - - - 1,752,873
Diff. Ratio -20% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 349%

Based on data SASS (Fix Jan~Mar '22 Firm Apr '22) Based on data SASS (Fix Apr~Jul '22 Firm Aug '22)
No. Prod. Volume Jan-22 Feb-22 Mar-22 Apr-22 May-22 Jun-22 Jul-22 Aug-22 Sep-22 Oct-22 Nov-22 Dec-22 Total
1 SL 4,077 3,726 4,128 2,280 2,255 2,940 2,910 3,450 25,766
2 TD 3,972 2,628 3,804 863 1,778 2,196 2,952 3,696 21,889
3 Fuso 288 156 132 76 152 298 228 420 1,750
Total/Month 8,337 6,510 8,064 3,219 4,185 5,434 6,090 7,566 - - - - 49,405

0%
600,000 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
501,887 0%
500,000 458,920
399,410 470,920 Net scrap (c=a-b) -5%
400,000 347,240
300,230 PE Data
300,000 352,750
303,190 Balance -10%
208,140 200,980
178,460

Diff. Ratio
200,000 Diff. Ratio
210,580 204,300
179,140
Kg

100,000 83,900 -15%

87,280 - - - -
-
- - - - -20%
(102,477)
(100,000)
-20%
(200,000) -25%

Note :
PPC data based on actual scrap weighing.
PE data based on theoritical calculation.

500,000 10,000
Ideally is higher Net scrap (c=a-b)
8,337
400,000 8,064 than Jun'22
7,566 Prod. Volume 7,500
6,510
300,000 6,090

Prod. Volume/Unit
5,434
5,000
Kg

200,000 4,185
3,219
2,500
100,000

- - - - - -