PT TRIKOMSEL OKE Tbk. AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Years Ended December 31, 2009 and 2008 Expressed in Rupiah Unless Otherwise Stated
36
20. COST OF REVENUE continued
The details of cost of revenue are as follows: continued
2009 2008
Cost of goods sold 4,897,686,797,584 4,899,128,000,266
Cost of cellular phones’ service warranty 1,376,764,231
2,153,004,600
Total cost of revenue 4,899,063,561,815 4,901,281,004,866
The details of suppliers with annual cumulative amount of purchases exceeded 10 of consolidated net purchases are as follows:
2009 2008
Nokia Pte. Ltd., Singapore 2,817,919,682,237 2,136,362,772,133
Sony Ericsson Mobile Communications AB, Sweden 767,118,648,618
664,024,892,603 PT Excelcomindo Pratama Tbk.
359,773,548,340 653,466,385,370
Total 3,944,811,879,195 3,453,854,050,106
Percentage to Consolidated Net Purchases
2009 2008
Nokia Pte. Ltd., Singapore 56.29
40.90 Sony Ericsson Mobile Communications AB, Sweden
15.32 12.71
PT Excelcomindo Pratama Tbk. 7.19
12.51
Total 78.80
66.12
The Company obtained various type of purchase discounts, determined by the suppliers.
21. OPERATING EXPENSES
2009 2008
Salaries of outsourced employees 53,088,384,639
46,265,693,919 Rent
49,689,781,490 39,132,533,385
Salaries and employees’ benefits Note 16 42,366,489,157
49,019,060,711 Transportation
37,163,396,621 13,739,769,707
Marketing and advertising 27,392,796,736
23,723,465,056 Amortization of fit out Note 8
16,413,738,161 11,832,846,420
Depreciation Note 9 10,714,756,655
9,116,088,401 Amortization of deferred charges Note 10
8,586,213,799 3,568,643,982
Management fee 6,789,033,467
6,709,762,185 Consultant fee
5,837,964,743 5,837,704,405
Electricity and water 5,597,103,595
5,661,384,071 Telecommunication
5,016,176,013 5,526,077,713
Contribution and donation 4,881,341,835
1,161,113,700 Provision for doubtful accounts
3,046,700,000 -
Domestic travelling 2,942,202,818
1,587,938,979 Taxes and legal
2,662,190,675 2,626,757,504
PT TRIKOMSEL OKE Tbk. AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Years Ended December 31, 2009 and 2008 Expressed in Rupiah Unless Otherwise Stated
37
21. OPERATING EXPENSES continued 2009
2008
Insurance 2,552,498,379
1,509,476,217 Provision for decline in value of inventories
2,175,351,177 1,090,582,711
Office supplies 2,053,269,859
2,127,554,937 Employees’ insurance
1,052,924,803 851,636,932
Others below Rp1 billion each 4,427,037,060
1,473,110,917
Total operating expenses 294,449,351,682
232,561,201,852 22. FINANCING CHARGES
2009 2008
Interest expense on bank loans 84,822,769,749
45,481,245,477 Bank administration expense
12,212,910,663 12,555,870,285
Interest expense on finance lease payables 139,592,737
160,273,525
Total financing charges 97,175,273,149
58,197,389,287 23. BALANCES, TRANSACTIONS AND RELATIONSHIPS WITH RELATED PARTIES
The Company, in its regular conduct of business, engages in transactions with certain related parties, with details as follows:
a. On November 14, 2008, the Company entered into a Cooperation Agreement of Delivery Services of Telecommunication Devices and Equipment with PT Alpha EMS, whereby PT Alpha EMS will
provide storage and delivery services of the Company’s telecommunication devices in Indonesia. The term of this agreement is two 2 years from the date the agreement was signed subject for
automatic renewal for another one 1 year, unless it is terminated by either party. For the year ended December 31, 2009, storage and delivery service expenses charged to the Company is
amounted to Rp323,393,471 and the related outstanding advance payment as of December 31, 2009 amounted to Rp61,352,157. There were no related storage and delivery service expenses
charged to the Company for the year ended December 31, 2008.
b. On July 28, 2008, the Company entered into an agreement with PT SkyBee formerly PT Kreatip Komunikacitra to order reload vouchers, which amount will be determined on a timely basis
according to the needs of each party. The term of this agreement is twelve 12 months from the date the agreement was signed subject for automatic renewal, unless agreed differently by both
parties. For the years ended December 31, 2009 and 2008, the Company’s purchases of reload vouchers are amounted to Rp311,953,110,392 and Rp250,946,900,311, respectively, and the
related outstanding trade payables as of December 31, 2008 amounted to Rp864,902,560. As of December 31, 2009, the advance payment related to those transactions is amounted to
Rp6,057,455,407.
