PERUSAHAAN PERSEROAN PERSERO P.T. TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS UNAUDITED continued JUNE 30, 2008 AND 2009,
AND SIX MONTHS PERIOD ENDED JUNE 30, 2008 AND 2009 Figures in tables are presented in millions of Rupiah, unless otherwise stated
119
50. ASSETS AND LIABILITIES DENOMINATED IN FOREIGN CURRENCIES
The balances of monetary assets and liabilities denominated in foreign currencies are as follows:
2008 2009
Foreign Foreign
currencies Rupiah
currencies Rupiah
in millions equivalent in millions equivalent
Assets Cash and cash equivalents
U.S. Dollars 129.16
1,190,947 182.79
1,866,256 Euro
53.63 781,006
42.20 608,933
Malaysian Ringgit 0.03
96 0.03
100 Japanese Yen
3.15 276
0.21 22
Singapore Dollars 0.24
1,591 -
- Temporary investments
U.S. Dollars 8.64
79,617 -
- Japanese Yen
220.04 19,276
7.96 81,185
Trade receivables Related parties
U.S. Dollars 2.00
18,415 2.58
26,336 Third parties
U.S. Dollars 38.59
355,791 59.63
608,568 Singapore Dollars
- -
0.00 4
Other receivables Euro
0.01 93
0.02 272
Great Britain Pound sterling 0.01
227 0.01
209 U.S. Dollars
0.00 1
0.02 184
Singapore Dollars -
- 0.00
5 Other current assets
U.S. Dollars 5.39
49,642 0.62
6,329 Euro
0.02 356
- -
Advances and other non-current assets U.S. Dollars
13.70 126,231
2.59 26,495
Escrow accounts U.S. Dollars
4.51 41,571
4.63 47,194
Total assets 2,665,136
3,272,092
PERUSAHAAN PERSEROAN PERSERO P.T. TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS UNAUDITED continued JUNE 30, 2008 AND 2009,
AND SIX MONTHS PERIOD ENDED JUNE 30, 2008 AND 2009 Figures in tables are presented in millions of Rupiah, unless otherwise stated
120
50. ASSETS AND LIABILITIES DENOMINATED IN FOREIGN CURRENCIES continued
2008 2009
Foreign Foreign
currencies Rupiah
currencies Rupiah
in millions equivalent in millions equivalent
Liabilities Trade payables
Related parties U.S. Dollars
5.72 52,794
5.84 59,756
Singapore Dollars 0.01
72 0.00
3 Euro
0.00 8
- -
Third parties U.S. Dollars
173.42 1,599,758
433.59 4,432,255
Euro 87.90
1,280,075 33.56
484,307 Singapore Dollars
0.87 5,906
5.15 36,358
Japanese Yen 0.51
45 0.51
55 Swiss Franc
- -
0.00 15
Great Britain Pound sterling 0.04
729 -
- Other payables
U.S. Dollars 1.46
13,482 0.15
1,500 Singapore Dollars
0.00 11
- -
Great Britain Pound sterling 0.00
2 -
- Accrued expenses
U.S. Dollars 51.17
472,048 9.54
97,401 Singapore Dollars
0.10 699
3.06 21,572
Japanese Yen 45.20
3,965 42.46
4,544 Euro
29.81 434,154
- -
Short-term bank loans U.S. Dollars
- -
1.65 16,839
Advances from customers and suppliers U.S. Dollars
1.56 14,431
1.27 12,953
Current maturities of long-term liabilities U.S. Dollars
122.44 1,129,552
124.84 1,275,348
Japanese Yen 767.90
67,360 767.90
82,188 Long-term liabilities
U.S. Dollars 327.75
3,023,510 202.55
2,069,076 Japanese Yen
11,902.41 1,044,080
11,134.52 1,191,727
Total liabilities 9,142,681
9,785,897 Net liabilities
6,477,545 6,513,805
The Company and its subsidiaries’ activities expose them to a variety of financial risks, including the effects of changes in debt and equity market prices, foreign currency exchange rates and interest
rates.
The Company and its subsidiaries’ overall risk management programs focus on the unpredictability of financial markets and seek to minimize potential adverse effects on the financial performance of the
Company and its subsidiaries. Management provides written policy for foreign currency risk management mainly through time deposits placements and hedging to cover foreign currency risk
exposures for the time range of 3 up to 12 months.
If the Company and its subsidiaries reports monetary assets and liabilities in foreign currencies as of June 30, 2009 using the rates on July 30, 2009, unrealized foreign exchange loss will decrease by
the amount of Rp.134,611 million.
PERUSAHAAN PERSEROAN PERSERO P.T. TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS UNAUDITED continued JUNE 30, 2008 AND 2009,
AND SIX MONTHS PERIOD ENDED JUNE 30, 2008 AND 2009 Figures in tables are presented in millions of Rupiah, unless otherwise stated
121
51. SUBSEQUENT EVENTS
