Retirement benefits continued SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued w. Dividends

PERUSAHAAN PERSEROAN PERSERO PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS AS OF SEPTEMBER 30, 2013 UNAUDITED AND FOR NINE MONTHS PERIOD ENDED WITH COMPARATIVE FIGURES AS OF DECEMBER 31, 2012 AUDITED AND FOR NINE MONTHS PERIOD ENDED SEPTEMBER 30, 2012 UNAUDITED Figures in tables are presented in billions of Rupiah, unless otherwise stated 38

4. CASH AND CASH EQUIVALENTS September 30, December 31,

2013 2012 Cash on hand 28 7 Cash in banks Related parties Rupiah PT Bank Mandiri Persero Tbk “Bank Mandiri” 733 913 PT Bank Negara Indonesia Persero Tbk “BNI” 339 284 PT Bank Rakyat Indonesia Persero Tbk “BRI” 125 87 Others 22 14 1,219 1,298 Foreign currencies BRI 878 - Bank Mandiri 648 222 BNI 111 20 Others - 2 1,637 244 Sub total 2,856 1,542 Third parties Rupiah Deutsche Bank AG “DB” 46 62 PT Bank CIMB Niaga Tbk ”Bank CIMB Niaga” 68 59 Others each below Rp50 billion 116 103 230 224 Foreign currencies PT Standard Chartered Bank “SCB” 195 112 Others each below Rp50 billion 81 65 276 177 Sub total 506 401 Total cash in banks 3,362 1,943 Time deposits Related parties Rupiah BNI 4,148 1,511 BRI 3,555 2,883 Bank Mandiri 1,308 312 PT Bank Tabungan Negara Persero Tbk “BTN” 343 401 Others each below Rp30 billion 28 43 9,382 5,150 Foreign currencies BRI 1,739 1,966 BNI 581 112 Bank Mandiri 7 222 2,327 2,300 Sub total 11,709 7,450 PERUSAHAAN PERSEROAN PERSERO PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS AS OF SEPTEMBER 30, 2013 UNAUDITED AND FOR NINE MONTHS PERIOD ENDED WITH COMPARATIVE FIGURES AS OF DECEMBER 31, 2012 AUDITED AND FOR NINE MONTHS PERIOD ENDED SEPTEMBER 30, 2012 UNAUDITED Figures in tables are presented in billions of Rupiah, unless otherwise stated 39

4. CASH AND CASH EQUIVALENTS continued September 30, December 31,

2013 2012 Time deposits continued Third parties Rupiah PT Bank Central Asia “BCA” 625 - SCB 500 - PT Bank OCBC NISP Tbk “OCBC NISP” 400 400 PT Bank Mega Tbk “Bank Mega” 160 335 PT Bank Muamalat Indonesia 145 153 PT Bank Pembangunan Daerah Jawa Barat dan Banten Tbk “BJB” 110 170 PT Bank Tabungan Pensiunan Nasional Tbk 101 167 PT Bank Internasional Indonesia Tbk “BII” 80 120 Bank CIMB Niaga 70 225 PT Bank Bukopin Tbk “Bank Bukopin” 55 160 PT Pan Indonesia Bank Tbk 50 100 PT Bank Permata 50 - PT Bank Danamon “Bank Danamon” 46 61 PT Bank Buana “Bank Buana” 10 60 Citibank N.A. “Citibank” - 400 Others 46 46 2,448 2,397 Foreign currencies OCBC NISP 115 517 SCB - 804 115 1,321 Sub total 2,563 3,718 Total time deposits 14,272 11,168 Grand Total 17,662 13,118 Interest rates per annum on time deposits are as follows: September 30, December 31, 2013 2012 Rupiah 1.00 - 9.00 2.25 - 8.50 Foreign currencies 0.03 - 3.00 0.05 - 3.50 The related parties in which the Company and subsidiaries place their funds are state-owned banks. The Company and subsidiaries placed majority of their cash and cash equivalents in these banks because they have the most extensive branch networks in Indonesia and are considered to be financially sound banks as they are owned by the State. Refer to Note 37 for details of related party transactions.