PERUSAHAAN PERSEROAN PERSERO P.T. TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS UNAUDITED continued SEPTEMBER 30, 2007 AND 2008,
AND NINE MONTHS PERIOD ENDED SEPTEMBER 30, 2007 AND 2008 Figures in tables are presented in millions of Rupiah, unless otherwise stated
38
10. LONG-TERM INVESTMENTS continued d. BMPL
BMPL Singapore, an associated entity of Telkomsel, is engaged in providing regional mobile services in the Asia Pacific region.
Subsequently, on March 7, 2007, it was resolved that each of the stockholders shall subscribe for 1,500,000 additional shares of BMPL, subject to the accession of SK Telecom Co., Ltd as a
stockholder of BMPL. However, the additional subscription of 300,000 shares shall be cancelled if SK Telecom Co., Ltd becomes a stockholder of BMPL.
Based on the Accession Agreement dated June 18, 2007, the stockholders of BMPL agreed to admit SK Telecom Co, Ltd as a stockholder of BMPL. Consequently, the additional subscription
of 300,000 shares was cancelled. On the same date, the stockholders of BMPL also agreed to admit Advanced Info Service Public Company Limited as a stockholder of BMPL.
In April and November 2007, Telkomsel has paid additional subscriptions of US600,000, respectively equivalent to Rp.5,453 million and Rp.5,615 million, respectively.
As of September 30, 2007 and 2008, Telkomsel’s contributions which represent 10.81 and 10 ownership interest are US1,600,000 equivalent to Rp.14,743 million and US2,200,000
equivalent to Rp.20,360 million, respectively.
e. BBT
BBT is engaged in providing fixed line telecommunication services at Batamindo Industrial Park in Muka Kuning, Batam Island and at Bintan Beach International Resort and Bintan Industrial Estate
in Bintan Island.
f. Bangtelindo
Bangtelindo is primarily engaged in providing consultancy services on the installation and maintenance of telecommunications facilities.
On July 19, 2007, based on decision of the EGM of stockholders as covered on notarial deed No. 38 of Dr. Wiratni Ahmadi, S.H. dated July 19, 2007, the Bangtelindo’s stockholders agreed
the addition of paid in capital amounting to Rp.2,000 million from PT Fokus Investama Mondial’s “FIM” stockholders. As a result, the Company’s ownership in Bangtelindo has diluted to 2.41.
On February 5, 2008, based on decision of the EGM of stockholders as covered on notarial deed No. 85 of Dr. Wiratni Ahmadi, S.H. dated June 30, 2008, the Bangtelindo’s stockholders agreed
to convert its reserve to shares of 1,200 shares amounting to Rp.1,200 million by the FIM’s stockholders resulted in dilution of the Company’s ownership in Bangtelindo to 2.11.
g. Scicom
Scicom is engaged in providing call center services in Malaysia. As of September 30, 2008, TII has purchased additional 26,000,000 Scicom shares or equivalent to 9.81 of TII’s total
ownership with transaction value amounted to US3.42 million equivalent to Rp.30,961 million.
PERUSAHAAN PERSEROAN PERSERO P.T. TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS UNAUDITED continued SEPTEMBER 30, 2007 AND 2008,
AND NINE MONTHS PERIOD ENDED SEPTEMBER 30, 2007 AND 2008 Figures in tables are presented in millions of Rupiah, unless otherwise stated
39
11. PROPERTY, PLANT AND EQUIPMENT
January 1, September 30,
2007 Additions
Deductions Reclassifications
2007 At cost:
Direct acquisitions
Land 399,338
74,461 50
4,746 469,003
Buildings 2,758,673
91,808 -
69,679 2,920,160
Switching equipment 21,335,512
464,930 -
1,755,335 23,555,777
Telegraph, telex and data communication equipment
189,701 -
- -
189,701 Transmission installation and
equipment 34,621,302
2,142,427 -
5,418,911 42,182,640
Satellite, earth station and equipment
5,568,809 184,399
- 4,930
5,758,138 Cable network
19,515,317 284,127
- 21,989
19,777,455 Power supply
3,269,686 17,407
- 827,076
4,114,169 Data processing equipment
5,332,847 287,494
- 408,848
6,029,189 Other telecommunications
peripherals 626,631
15,127 -
4,685 637,073
Office equipment 759,959
34,397 -
67,004 727,352
Vehicles 171,778
72 636
10,481 160,733
Other equipment 113,093
17 -
- 113,110
Property under construction: Buildings
35,105 54,846
- 67,371
22,580 Switching equipment
1,334,956 768,980
- 1,753,798
350,138 Transmission installation and
equipment 2,987,094
5,330,754 -
5,335,051 2,982,797
Cable network 7,159
14,933 4,183
- 17,909
Power supply 17,644
866,704 -
846,952 37,396
Data processing equipment 16
376,952 -
333,750 43,218
Other telecommunication peripherals
- 928
- -
928
Leased assets
Transmission installation and equipment
265,820 -
- -
265,820 Total
99,310,440 11,010,763
4,869 38,952
110,355,286
Accumulated depreciation and impairment:
Direct acquisitions
Buildings 1,290,020
127,424 -
271 1,417,173
Switching equipment 11,195,005
1,748,494 -
153 12,943,346
Telegraph, telex and data communication equipment
185,736 257
- -
185,993 Transmission installation
and equipment 12,163,943
2,900,200 -
24,186 15,039,957
Satellite, earth station and equipment
1,947,875 315,893
- 2,296
2,266,064 Cable network
11,495,878 986,379
- 79,507
12,561,764 Power supply
1,500,435 267,642
- 5,839
1,762,238 Data processing equipment
3,688,200 434,170
- 34,257
4,088,113 Other telecommunications
peripherals 587,545
9,825 -
10,636 608,006
Office equipment 593,038
26,169 -
26,127 593,080
Vehicles 161,018
3,198 614
12,833 150,769
Other equipment 101,211
4,855 -
514 106,580
Leased assets
Transmission installation and equipment
133,476 108,341
- -
241,817 Total
45,043,380 6,932,847
614 10,713
51,964,900
Net Book Value 54,267,060
58,390,386
