PT XL AXIATA Tbk AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS 31 DECEMBER 2007, 2008 AND 2009; AND 31 MARCH 2009 AND 2010
Expressed in millions of Rupiah, unless otherwise stated
Page 40
16. SHARE CAPITAL AND ADDITIONAL PAID-IN CAPITAL continued
Additional Paid-in Capital continued
Details movement of the additional paid-in capital are as follows:
Prior to Initial
Limited public
public public
offering offering
offering I Total
Additional paid-in capital
- 2,712,250
2,694,200 5,406,450
Share issue costs
- 44,815
48,988 93,803
Exchange rate difference due to paid-in capital
11,730 12,519
1,264 22,985
11,730 2,679,954
2,643,948 5,335,632
17. DIVIDENDS
At the Annual General Meeting of Shareholders held on 26 April 2007, the shareholders agreed to distribute a final cash dividend from the 2006 net income which amounted to Rp 67,169. The dividend
distributed amounted to Rp 9.47 full amount per share. The cash dividend was fully paid on 11 June 2007.
At the Annual General Meeting of Shareholders held on 4 April 2008, the shareholders agreed to distribute a final cash dividend from the 2007 net income which amounted to Rp 141,800.
The dividend distributed amounted to Rp 20 full amount per share. The cash dividend was fully paid on 16 May 2008.
18. APPROPRIATED RETAINED EARNINGS
Based on the Indonesian Company Law No. 11995, which has subsequently been superseded by the Indonesian Company Law No. 402007, the Company is required to set up a statutory reserve
amounting to at least 20 of the Company’s issued and paid up capital.
At the Annual General Meeting of Shareholders held on 26 April 2007, 4 April 2008 and 19 March 2010 the shareholders approved an appropriation to the statutory reserve amounting to Rp 100 in
each of those years, so appropriated retained earnings on 31 March 2010 was Rp 300.
19. EARNINGLOSS PER SHARE
31122007 31122008
31122009 31032009
3103 2010
Net incomeloss attributable to the shareholders
250,781 15,109
1,709,468 217,221
598,431 Weighted average number of ordinary
shares outstanding 7,090,000,000
7,090,000,000 7,210,432,877
7,090,000,000 8,508,000,000
Basic earningloss per share full amount
35 2
237 31
70 Diluted earning loss per share
full amount 35
2 237
31 70
As restated, refer to Note 3
PT XL AXIATA Tbk AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS 31 DECEMBER 2007, 2008 AND 2009; AND 31 MARCH 2009 AND 2010
Expressed in millions of Rupiah, unless otherwise stated
Page 41
19. EARNINGLOSS PER SHARE continued
On 31 December 2007, 2008 and 2009; and 31 March 2009 and 2010, there were no dilutive potential ordinary shares that would give rise to a dilution of net incomeloss per share of the Company.
20. REVENUE
2007 2008
2009 2009
2010 1 year
1 year 1 year
3 months 3 months
Cellular Telecommunications services:
Voice 3,866,302
6,622,610 7,058,857
1,502,798 2,073,600
Non-voice 2,632,500
3,140,732 4,152,590
780,291 1,325,311
Monthly service charge 1,921
4,382 8,716
970 2,839
6,500,723 9,767,724
11,220,163 2,284,059
3,401,750
Cellular Interconnection services:
Domestic interconnection 886,995
1,036,861 942,436
225,263 264,822
International roaming 465,305
483,468 588,111
142,811 153,103
SMS interconnection 25,894
13,802 16,435
4,066 1,266
Others 5,408
3,221 3,746
791 1,243
1,383,602 1,537,352
1,550,728 372,931
420,434 Gross cellular revenue
7,884,325 11,305,076
12,770,891 2,656,990
3,822,184 Discount
375,085 94,781
173,462 23,664
59,778 Gross cellular revenue net of discount
7,509,240 11,210,295
12,597,429 2,633,326
3,762,406
Other telecommunications services:
Leased towers -
276,669 600,426
141,610 182,750
Leased lines 408,710
478,473 427,002
106,546 113,870
Internet service provider 58,779
63,910 52,288
13,164 11,751
Others 12,897
31,863 28,906
7,557 35,631
Gross revenues - other telecommunications services
480,386 850,915
1,108,622 268,877
344,002 Discount
107 3
- -
- Gross revenue from other
telecommunications services net of discount
480,279 850,912
1,108,622 268,877
344,002 Gross revenue net of discount
7,989,519 12,061,207
13,706,051 2,902,203
4,106,408 As restated, refer to Note 2d
Refer to Note 26 for related party information.
21. INFRASTRUCTURE EXPENSES
2007 2008
2009 2009
2010 1 year
1 year 1 year
3 months 3 months
Licence fee 471,835
660,377 1,145,386
262,008 344,707
Rental expense 187,886
519,121 865,718
206,837 207,387
Utilities expense 182,453
388,311 599,456
137,735 142,229
Repair and maintenance expense 234,502
302,488 450,402
124,385 120,993
Others -
118,278 28,132
8,970 17,190
1,076,676 1,988,575
3,089,094 739,935
832,506