PERUSAHAAN PERSEROAN PERSERO PT TELEKOMUNIKASI INDONESIA Tbk AND ITS SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS As of March 31, 2014 and for three months period then ended unaudited
Figures in tables are expressed in billions of rupiah, unless otherwise stated
67
25. TREASURY STOCK continued
Based on the Annual General Meeting of the Company on April 19, 2013, the Companys stockholders approved the change to the plan for the treasury stock phase III, which was decided to be used for the
implementation of the Employee Stock Ownership Program “ESOP” for the year 2013.
On May 31, 2013, the Company offered all its eligible employees and those of its subsidiaries collectively referred to as the “participants”, the right to purchase a fixed number of its shares at a
certain price. The shares have become an entitlement of the employees on the transaction dates and are no longer conditional on the satisfaction of any vesting conditions. Shares which are held by
employees through the ESOP have a lock-up period that varies from 0 up to 12 months, depending on the position of the employee.
In the lock-up period, participants may not transfer shares or have shares transactions either through or outside the stock exchange.
Price per share offered was Rp10,714 and each participant received allowance discount of Rp5,575 per share. At the closing of this program, the Company had transferred a part of the treasury
stock phase III to employees totaling 59,811,400 shares equivalent to 299,057,000 shares after the stock split with fair value amounting to Rp661 billion. The excess in value of treasury stock recovered
over acquisition cost of the stock amounting to Rp228 billion was recorded as additional paid-in capital Note 24.
The difference between the fair value of treasury stock and amount paid by the participants amounting to Rp353 billion is recorded in the consolidated statement of comprehensive income Note 27.
On July 30, 2013, the Company resold 211,290,500 shares equal to 1,056,452,500 shares after the stock split for the repurchase of shares of treasury stock phase I with fair value amounting to
Rp2,409 billion. The excess in value of the treasury stock sold over their acquisition cost amounting to Rp544 billion was recorded as additional paid-in capital net of related costs to sell the shares
Note 24.
PERUSAHAAN PERSEROAN PERSERO PT TELEKOMUNIKASI INDONESIA Tbk AND ITS SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS As of March 31, 2014 and for three months period then ended unaudited
Figures in tables are expressed in billions of rupiah, unless otherwise stated
68
26. REVENUES 2014
2013 Telephone Revenues
Cellular Usage charges
7,708 7,228
Features 176
160 Monthly subscription charges
153 190
8,037 7,578
Fixed lines Usage charges
1,470 1,655
Monthly subscription charges 657
683 Call center
103 74
Others 80
82 2,310
2,494
Total Telephone Revenues 10,347
10,072
Interconnection Revenues Domestic interconnection and transit
729 705
International interconnection 489
440
Total Interconnection Revenues 1,218
1,145 Data, Internet, and Information Technology Service
Revenues Internet, data communication and information technology
services 5,157
4,142 Short Messaging Services “SMS”
3,174 3,159
Voice over Internet Protocol “VoIP” 40
27 E-business
28 19
Total Data, Internet, and Information Technology Service Revenues
8,399 7,347
Network Revenues
Leased lines 233
212 Satellite transponder lease
138 120
Total Network Revenues 371
332
Other Telecommunications Service Revenues Customer Premise Equipment “CPE” and terminal
539 271
Leases 190
134 USO compensation
19 68
Others 167
178
Total Other Telecommunications Service Revenues 915
651 TOTAL REVENUES
21,250 19,547
