Two-step loans Note 16a Long-term bank loans - net Note 16c

PERUSAHAAN PERSEROAN PERSERO PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS As of June 30, 2016 and For the Six Months Period Then Ended unaudited Figures in tables are expressed in billions of rupiah, unless otherwise stated 101

33. OPERATING SEGMENT continued

Segment revenues and expenses include transactions between operating segments and are accounted at market prices. 2016 Total before Total Corporate Home Personal Others elimination Elimination consolidated Segment results Revenues External revenues 12,058 4,102 40,138 156 56,454 - 56,454 Inter-segment revenues 7,154 2,240 1,471 1,010 11,875 11,875 - Total segment revenues 19,212 6,342 41,609 1,166 68,329 11,875 56,454 Expenses External expenses 12,781 3,793 19,005 988 36,567 - 36,567 Inter-segment expenses 3,675 2,132 6,009 28 11,844 11,844 - Total segment expenses 16,456 5,925 25,014 1,016 48,411 11,844 36,567 Segment results 2,756 417 16,595 150 19,918 31 19,887 Other information Capital expenditures 5,246 1,634 6,682 348 13,910 - 13,910 Depreciation and amortization 1,998 476 6,203 62 8,739 - 8,739 Provision for impairment of receivables 78 133 89 5 149 - 149 2015 Total before Total Corporate Home Personal Others elimination Elimination consolidated Segment results Revenues External revenues 10,884 3,701 34,144 151 48,840 - 48,840 Inter-segment revenues 6,328 1,982 1,369 937 10,616 10,616 - Total segment revenues 17,172 5,683 35,513 1,088 10,616 10,616 48,840 Expenses External expenses 9,606 3,033 20,141 937 33,717 - 33,717 Inter-segment expenses 3,595 2,122 4,875 24 10,616 10,616 - Total segment expenses 13,201 5,155 25,016 961 44,333 10,616 33,717 Segment results 3,971 528 10,497 127 15,123 - 15,123 Capital expenditures 3,844 1,746 5,931 418 11,939 - 11,939 Depreciation and amortization 1,024 621 7,111 37 8,793 - 8,793 Provision for impairment of receivables 230 106 133 2 471 - 471 Geographic information: 2016 2015 External revenues Indonesia 55,515 47,939 Foreign countries 939 901 Total 56,454 48,840