PERUSAHAAN PERSEROAN PERSERO PT TELEKOMUNIKASI INDONESIA Tbk AND ITS SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS As of June 30, 2014 and for the Six Months Period Then Ended unaudited
Figures in tables are expressedin billions of rupiah, unless otherwise stated
67
21. BANK LOANS continued
b
Telkomsel has no collateral for its bank loans, or other credit facilities. The terms of the various agreements with Telkomsel’s lenders and financiers require compliance with a number of pledges and negative pledges as well as financial and other
covenants, which include, among other things, certain restrictions on the amount of dividends and other profit distributions which could adversely affect Telkomsel’s capacity to comply with its obligation under the facility. The terms of the relevant
agreements also contain default and cross default clauses. As of June 30, 2014, Telkomsel has complied with the above covenants.
c
In January 2012, the availability periods of the facilities from BCA and Bank Mandiri expired.
d
Pursuant to the agreements with PT Ericsson Indonesia “Ericsson Indonesia” and Ericsson AB Note 41a.ii, Telkomsel entered into an EKN-Backed Facility Agreement “facility” with ABN Amro Bank N.V. Stockholm branch as “the original
lender” and Standard Chartered Bank as “the original lender” , “the arranger”, “the facility agent” and “the EKN agent”, and ABN Amro Bank N.V., Hong Kong as “the arranger” for the purchase of Ericsson telecommunication equipment and
services. The facilities consist of facility 1, 2 and 3 amounting to US117 million, US106 million, and US95 million, respectively. The availability period of facility 1, 2 and 3 expired in July 2010, March 2011 and November 2011, respectively.
In October 2011, EKN agreed to reduce the premium on the unused facility by US3 million through a cash refund.
e
In connection with the agreement with NSW-Fujitsu Consortium, the Company entered into a loan agreement with JBIC, the international arm of Japan Finance Corporation, for the purchase of NSW-Fujitsu Consortium telecommunication equipment
and services. The facilities consist of facility A and B amounting to US36 million and US24 million, respectively.
f
Based on the latest amendment on March 31, 2011
g
Based on the latest amendment in 2013
h
In August 2013, the bank loan was rescheduled up to February 2015
i
In connection with the agreement with NEC Corporation Consortium and TE SubCom, the Company entered into a loan agreement with JBIC, for the procurement of goods and services from NEC Corporation Consortium and TE SubCom for the
Southeast Asia Japan Cable System project. The facilities consist of facility A and facility B amounting to US18.8 million and US12.5 million, respectively
22. NON-CONTROLLING INTERESTS June 30,
December 31, 2014
2013
Non-controlling interests in net assets of subsidiaries: Telkomsel
14,314 16,735
Metra 78
87 GSD
90 58
Patrakom -
2 Napsindo
- -
Total 14,482
16,882 2014
2013
Non-controlling interests in total comprehensive income loss of subsidiaries:
Telkomsel 3,042
3,002 Metra
11 8
Patrakom -
- Napsindo
- -
GSD 3
2
Total 3,050
3,008
PERUSAHAAN PERSEROAN PERSERO PT TELEKOMUNIKASI INDONESIA Tbk AND ITS SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS As of June 30, 2014 and for the Six Months Period Then Ended unaudited
Figures in tables are expressedin billions of rupiah, unless otherwise stated
68
23. CAPITAL STOCK June 30, 2014
Number of Percentage Total
Description shares
of ownership paid-up capital
Series A Dwiwarna share Government
1 -
Series B shares Government
51,602,353,559 52.56
2,580 The Bank of New York Mellon Corporation
9,378,023,980 9.55
469 Directors Note 1b:
Indra Utoyo 27,540
- Honesti Basyir
540 -
Priyantono Rudito 540
- Sukardi Silalahi
540 -
Public individually less than 5 37,195,446,900
37.89 1,860
Total 98,175,853,600
100 4,909
Treasury stock Note 25 2,624,142,800
- 131
Total 100,799,996,400
100 5,040
The Bank of New York Mellon Corporation serves as the Depositary of registered ADS holders for the Company’s ADSs.
December 31, 2013 Number of Percentage
Total Description
shares of ownership paid-up capital
Series A Dwiwarna share Government
1 -
Series B shares Government
51,602,353,559 53.14
2,580 The Bank of New York Mellon Corporation
10,031,129,780 10.33
502 Directors Note 1b:
Indra Utoyo 27,540
- Honesti Basyir
540 -
Priyantono Rudito 540
- Sukardi Silalahi
540 -
Public individually less than 5 35,467,341,100
36.53 1,773
Total 97,100,853,600
100.00 4,855
Treasury stock Note 25 3,699,142,800
- 185
Total 100,799,996,400
100.00 5,040
The Bank of New York Mellon Corporation serves as the Depositary of registered ADS holders for the Company’s ADSs.
The Company issued only 1 Series A Dwiwarna share which is held by the Government and cannot be transferred to any party, and has a veto in the General Meeting of Stockholders of the Company
with respect to election and removal from the Boards of Commissioners and Directors, issuance of new shares, and amendments of the Company’s Articles of Association.
