PERUSAHAAN PERSEROAN PERSERO PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS AS OF JUNE 30, 2013 UNAUDITED AND FOR SIX MONTHS PERIOD ENDED
WITH COMPARATIVE FIGURES AS OF DECEMBER 31, 2012 AUDITED AND FOR SIX MONTHS PERIOD ENDED JUNE 30, 2012 UNAUDITED
Figures in tables are presented in billions of Rupiah, unless otherwise stated
94
37. RELATED PARTY TRANSACTIONS continued b. Transactions with related parties continued
June 30, 2013 December 31, 2012
of total of total
Amount liabilities
Amount liabilities
i. Short-term bank loans Note 16
Entity under common control BRI
50 0.11
- -
BSM 11
0.02 5
0.01 BRI Syariah
4 0.01
- -
Total 65
0.14 5
0.01 j.
Two-step loans Note 18 Majority stockholder
The Government
1,798 3.85
1,987 4.48
k. Bonds and notes Note 19
Entity under common control Bahana
- 0.00
8 0.02
l. Long-term bank loans Note 20
Entity under common control BRI
5,156 11.04
4,630 10.43
BNI 1,775
3.80 2,349
5.29 Bank Mandiri
1,070 2.29
1,417 3.19
Total 8,001
17.13 8,396
18.91
c. Significant agreements with related parties
i. The Government
The Company obtained two-step loans from the Government Note 18. ii. Indosat
The Company has an agreement with Indosat for the provision of international telecommunications services to the public.
The Company has also entered into an interconnection agreement between the Company s fixed line network Public Switched Telephone Network or PSTN and Indosat s GSM mobile
cellular telecommunications network in connection with implementation of Indosat Multimedia Mobile services and the settlement of the related interconnection rights and obligations.
The Company also has an agreement with Indosat for the interconnection of Indosats GSM mobile cellular telecommunications network with the Companys PSTN, enabling each party s
customers to make domestic calls between Indosat s GSM mobile network and the Company s fixed line network and allowing Indosat s mobile customers to access the Company s IDD
service by dialing 007 .
The Company has been handling customer billings and collections for Indosat. Indosat is gradually taking over the activities and performing its own direct billing and collection. The
Company receives compensation from Indosat computed at 1 of the collections made by the Company beginning January 1, 1995, plus the billing process expenses which are fixed at a
certain amount per record. On December 11, 2008, the Company and Indosat agreed to implement IDD service charge tariff which already takes into account the compensation of its
billing and collection. The agreement is valid and effective starting on January to December 2012, and can be applied until a new Minutes of Agreement becomes available.
PERUSAHAAN PERSEROAN PERSERO PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS AS OF JUNE 30, 2013 UNAUDITED AND FOR SIX MONTHS PERIOD ENDED
WITH COMPARATIVE FIGURES AS OF DECEMBER 31, 2012 AUDITED AND FOR SIX MONTHS PERIOD ENDED JUNE 30, 2012 UNAUDITED
Figures in tables are presented in billions of Rupiah, unless otherwise stated
95
37. RELATED PARTY TRANSACTIONS continued c.
Significant agreements with related parties continued
On December 28, 2006, the Company and Indosat signed amendments to the interconnection agreements for the fixed line networks local, SLJJ and international and mobile network for
the implementation of the cost-based tariff obligations under the MoCI Regulations No. 8Year 2006 Note 40. These amendments took effect on January 1, 2007.
Telkomsel also entered into an agreement with Indosat for the provision of international telecommunications services to its GSM mobile cellular customers.
The Company provides leased lines to Indosat and subsidiaries, namely PT Indosat Mega Media, Lintasarta and PT Sistelindo Mitralintas. The leased lines can be used by these
companies for telephone, telegraph, data, telex, facsimile or other telecommunication services.
iii. Others The Company has entered into agreements with associated companies, namely CSM,
Patrakom, PSN and Gratika for the utilization of the Companys satellite transponders or frequency channels and leased lines.
Telkomsel has an agreement with PSN for the lease of PSN s transmission link. Based on the agreement, which was made on March 14, 2001, the minimum lease period is 2 years since
the operation of the transmission link and is extendable subject to agreement by both parties. As of the issuance date of the consolidated financial statements, the extension is still in
process.
Koperasi Pegawai Telkomsel Kisel is a cooperative that was established by Telkomsel s employees to engage in car rental services, printing and distribution of customer bills,
collection and other services principally for the benefit of Telkomsel. Telkomsel also has dealership agreements with Kisel for distribution of SIM cards and pulse reload vouchers.
d. Key management personnel remuneration
Key management personnel of the Company are the Boards of Commissioners and Directors as detailed in Note 1b.
The Company and subsidiaries provide honorarium and facilities to support the operational of their Board of Commissioners. The Company and subsidiaries provide short-term employment
benefits in the form of salaries and facilities to support the operational duties of their Board of Directors. The total of such benefits is as follows:
2013 2012
of of
Amount total expenses
Amount total expenses
Board of Directors 201
0.75 159
0.64 Board of Commissioners
64 0.24
34 0.14
