PERUSAHAAN PERSEROAN PERSERO P.T. TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS continued SEPTEMBER 30, 2005 AND 2006, AND FOR THE NINE MONTHS PERIOD ENDED
SEPTEMBER 30, 2005 AND 2006 Figures in tables are presented in millions of Rupiah, unless otherwise stated
- 56
22. TWO-STEP LOANS
continued The details of the two-step loans are as follows:
2005 2006
2005 2006
Overseas banks 3.10
- 10.36
3.10 -
10.36 5,638,433
4,623,185 Consortium of contractors
3.20 3.20
102,380 58,630
Total 5,740,813
4,681,815 Current maturities
645,540 504,541
Long-term portion 5,095,273
4,177,274
Interest Rate Outstanding
Currencies
The details of two-step loans obtained from overseas banks as of September 30, 2005 and 2006 are as follows:
2005 2006
2005 2006
U.S. Dollar 4.00
- 6.81
4.00 -
6.48 2,401,637
1,865,061 Rupiah
8.30 -
10.71 11.23 - 11.64
1,874,141 1,647,633
Japanese Yen 3.10
3.10 1,362,655
1,110,491 Total
5,638,433 4,623,185
Interest Rate Outstanding
Currencies
The loans are intended for the development of telecommunications infrastructure and supporting equipment. The loans are repayable in semi-annual installments and are due on various dates through
2024.
Details of two-step loans obtained from a consortium of contractors as of September 30, 2005 and 2006 are as follows:
2005 2006
2005 2006
Japanese Yen 3.20
3.20 102,380
58,630
Currencies Interest Rate
Outstanding
The consortium of contractors consists of Sumitomo Corporation, PT NEC Nusantara Communications and PT Humpuss Elektronika SNH Consortium. The loans were obtained to finance the second
digital telephone exchange project. The loans are repayable in semi-annual installments and are due on various dates through June 15, 2008.
Two-step loans which are payable in Rupiah bear either a fixed interest rate, a floating rate based upon the average interest rate on 3-month Certificates of Bank Indonesia during the six-months preceding
the installment due date plus 1, or a floating interest rate offered by the lenders plus 5.25. Two-step loans which are payable in foreign currencies bear either a fixed rate interest or the floating interest
rate offered by the lenders, plus 0.5.
PERUSAHAAN PERSEROAN PERSERO P.T. TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS continued SEPTEMBER 30, 2005 AND 2006, AND FOR THE NINE MONTHS PERIOD ENDED
SEPTEMBER 30, 2005 AND 2006 Figures in tables are presented in millions of Rupiah, unless otherwise stated
- 57
22. TWO-STEP LOANS
