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
76
31. TAXATION continued
f. Deferred tax assets and liabilities continued
Charged credited to the
consolidated statements of
December 31, comprehensive
March 31, 2013
income 2014
Deferred tax liabilities: Finance leases
9 1
8 Land rights, intangible assets, and others
11 4
7 Valuation of long-term investment
70 -
70 Difference between accounting and tax bases
of property and equipment 1,543
1,543 Total deferred tax liabilities
1,615 3
1,612 Deferred tax liabilities of the Company - net
716 84
632
Telkomsel
Deferred tax assets: Employee benefit provisions
254 8
262 Provision for impairment of receivables
122 17
139 Total deferred tax assets
376 25
401 Deferred tax liabilities:
Recognition of interest under USO arrangements 2
2 Intangible assets
62 62
Finance leases 121
37 158
Difference between accounting and tax bases of property and equipment
2,268 114
2,154 Total deferred tax liabilities
2,451 75
2,376 Deferred tax liabilities of Telkomsel - net
2,075 100
1,975 Deferred tax liabilities of other subsidiaries - net
213 6
219
Deferred tax liabilities - net 3,004
178 2,826
Deferred tax assets - net 82
6 76
Charged credited to the
consolidated Acquisition
statements of divestment
December 31, comprehensive
of December 31,
2012 income
subsidiaries 2013
The Company
Deferred tax assets: Provision for impairment of receivables
276 170
- 446
Net periodic pension and other post-retirement benefits costs
129 84
- 213
Employee benefit provisions 173
30 -
143 Deferred connection fee
54 16
- 70
Accrued expenses and provision for inventory obsolescence
22 5
- 27
Provision for early retirement expense 140
140 -
- Total deferred tax assets
794 105
- 899
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
77
31. TAXATION continued
f. Deferred tax assets and liabilities continued
Charged credited to the
consolidated Acquisition
statements of divestment
December 31, comprehensive
of December 31,
2012 income
subsidiaries 2013
Deferred tax liabilities: Finance leases
64 73
- 9
Land rights, intangible assets, and others 14
3 -
11 Valuation of long-term investment
70 -
70 Difference between accounting and tax bases
of property and equipment 1,581
38 -
1,543 Total deferred tax liabilities
1,659 44
- 1,615
Deferred tax liabilities of the Company - net 865
149 -
716
Telkomsel
Deferred tax assets: Employee benefit provisions
206 48
- 254
Provision for impairment of receivables 118
4 -
122 Recognition of interest under USO arrangements
6 6
- Total deferred tax assets
330 46
- 376
Deferred tax liabilities: Intangible assets
44 18
- 62
Finance leases 22
99 -
121 Difference between accounting and tax bases
of property and equipment 2,363
95 -
2,268 Total deferred tax liabilities
2,429 22
- 2,451
Deferred tax liabilities of Telkomsel - net 2,099
24 -
2,075 Deferred tax liabilities of other subsidiaries - net
95 109
9 213
Deferred tax liabilities - net 3,059
64 9
3,004 Deferred tax assets - net
89 71
78 82
As of March 31, 2014 and December 31, 2013, the aggregate amounts of temporary differences associated with investments in subsidiaries and associated companies, for which deferred tax
liabilities have not been recognized were Rp26,433 billion and Rp24,252 billion, respectively.
Realization of the deferred tax assets is dependent upon the Company and subsidiary’s capability in generating future profitable operations. Although realization is not assured, the Company and
subsidiaries believe that it is probable that these deferred tax assets will be realized through reduction of future taxable income when temporary differences reverse. The amount of deferred
tax assets is considered realizable; however, it could be reduced if actual future taxable income is lower than estimates.
g. Administration Since 2008 to 2012, the Company has been consecutively entitled to income tax rate reduction of
5 for meeting the requirements in accordance with the Government Regulation No. 812007 in conjunction with the Ministry of Finance Regulation No. 238PMK.032008. On the basis of
historical data, for the year 2013, the Company calculates the deferred tax using the tax rate of 20.
The taxation laws of Indonesia require that the Company and subsidiaries submit individual tax returns on the basis of self-assessment. Under prevailing regulations, the DGT may assess or
amend taxes within a certain period. For fiscal years 2007 and earlier, this period is within ten years of the time the tax became due, but not later than 2013, while for fiscal years 2008 and
onwards, the period is within five years of the time the tax became due.
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
78
31. TAXATION continued
