Retirement benefits SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued y. Segment information

PERUSAHAAN PERSEROAN PERSERO PT TELEKOMUNIKASI INDONESIA Tbk AND ITS SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS As of December 31, 2014 and for the Year Then Ended Figures in tables are expressedin billions of Rupiah, unless otherwise stated 43

4. CASH AND CASH EQUIVALENTS continued 2014

2013 Time deposits continued Related parties continued Foreign currencies BRI 1,713 3,260 Bank Mandiri 248 - BNI 8 264 1,969 3,524 Sub-total 8,575 9,640 Third parties Rupiah PT Bank CIMB Niaga Tbk “Bank CIMB Niaga” 2,057 83 PT Bank Permata Tbk “Bank Permata” 1,350 40 PT Bank Mega Tbk “Bank Mega” 1,057 275 PT Bank UOB Indonesia “UOB” 100 10 PT Bank Ekonomi Raharja Tbk “Bank Ekonomi” 75 73 PT Bank Muamalat Indonesia Tbk “Bank Muamalat” 66 150 PT Bank Pembangunan Daerah Jawa Barat dan Banten TBK “BJB” 54 245 PT Bank Central Asia Tbk “BCA” 23 599 PT Bank Tabungan Pensiun Negara Tbk “BTPN” 1 136 PT Bank Yudha Bhakti - 145 PT Bank Internasional Indonesia Tbk “BII” - 126 Others each below Rp75 billion 143 187 4,926 2,069 Foreign currencies Bank Permata 720 - PT Bank OCBC NISP Tbk “OCBC NISP” 448 244 Bank Mega 323 - 1,491 244 Sub-total 6,417 2,313 Total time deposits 14,992 11,953 Grand Total 17,672 14,696 Interest rates per annum on time deposits are as follows: 2014 2013 Rupiah 4.00-11.50 1.00-11.50 Foreign currencies 0.03-3.00 0.03-3.00 The related parties in which the Group places its funds are state-owned banks. The Group placed a majority of its cash and cash equivalents in these banks because they have the most extensive branch networks in Indonesia and are considered to be financially sound banks, as they are owned by the State. PERUSAHAAN PERSEROAN PERSERO PT TELEKOMUNIKASI INDONESIA Tbk AND ITS SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS As of December 31, 2014 and for the Year Then Ended Figures in tables are expressedin billions of Rupiah, unless otherwise stated 44 Refer to Note 37 for details of related party transactions.

5. OTHER CURRENT FINANCIAL ASSETS 2014

2013 Time deposits Related parties Bank Mandiri 100 - BRI - 1,000 Others - 19 Sub-total 100 1,019 Third parties SCB 10 1,859 Bank CIMB Niaga - 1,800 OCBC NISP - 1,600 Others - 10 Sub-total 10 5,269 Total time deposits 110 6,288 Available-for-sale financial assets Related parties Government 130 133 State-owned enterprises 55 74 Sub-total 185 207 Third parties 69 65 Total available-for-sale financial assets 254 272 Escrow account 2,121 - Others 312 312 Total 2,797 6,872 As of December 31, 2014 and 2013, time deposits denominated in foreign currency amounted to Rp110 billion and Rp59 billion, respectively. Escrow account represents Telkomsel’s account in BNI, in relation to the Conditional Business Transfer Agreement between Telkomsel and the Company Note 41c.ii. The time deposits have maturities of more than three months but not more than one year, with interest rates as follows: 2014 2013 Rupiah - 1.60-10.50 Foreign currencies 0.85-1.00 1.00-1.10 Refer to Note 37 for details of related party transactions.