PERUSAHAAN PERSEROAN PERSERO PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS As of June 30, 2017 and For the Six Months Period Then Ended unaudited
Figures in tables are expressed in billions of Rupiah, unless otherwise stated
63
20. TREASURY STOCK continued
Pursuant to the AGM of Stockholders of the Company held on June 11, 2010, the stockholders approved the change in the Company’s plan for treasury stock phases I, II, and III to become: i for
reissuance inside or outside stock exchange, ii for retirement of the stock by deducting from equity, iii for equity stock conversion and iv for funding purposes.
Pursuant to the AGM of Stockholders of the Company held on May 19, 2011, the stockholders approved to execute the repurchase plan for treasury stock phase IV.
In 2012, the Company bought back 237,270,500 shares equivalent to 1,186,352,500 shares after stock split from the public part of stock repurchase program phase IV for Rp1,744 billion.
In the AGM on April 19, 2013, the Companys stockholders approved the change to the plan for the treasury stock phase III, which was decided to be used for the implementation of the Employee Stock
Ownership Program “ESOP” for the year 2013. On July 30, 2013, the Company resold 211,290,500 shares equivalent to 1,056,452,500 shares after
stock split of treasury stock phase I with fair value amounting to Rp2,368 billion net of related costs to sell the shares. The excess amounting to Rp544 billion in value of the treasury shares sold over their
acquisition cost was recorded as additional paid-in capital Note 19.
On June 13, 2014, the Company resold 215,000,000 shares equivalent to 1,075,000,000 shares after stock split of treasury stock phase II with fair value amounting to Rp2,541 billion net of related costs
to sell the shares. The excess amounting to Rp576 billion in value of the treasury stock sold over their acquisition cost was recorded as additional paid-in capital Note 19.
On December 21, 2015, the Company resold 4,472,600 shares equivalent to 22,363,000 shares after stock split of treasury stock phase III with fair value amounting to Rp68 billion net of related costs to
sell the shares. The excess amounting to Rp36 billion in value of the treasury stock sold over their acquisition cost was recorded as additional paid-in capital Note 19.
On June 29, 2016, the Company resold 172,800,000 shares equivalent to 864,000,000 shares after stock split of treasury stock phase IV with fair value of Rp3,259 billion net of related costs to sell the
shares. The excess amounting to Rp1,996 billion in value of the treasury stock sold over their acquisition cost was recorded as additional paid-in capital Note 19.
21. OTHER EQUITY June 30, 2017
December 31, 2016 Effect of change in equity of associated companies
386 386
Unrealized holding gain on available-for-sale securities 56
38 Transalation adjustment
492 503
Difference due to acquisition of non controlling interests in
subsidiaries 637
637 Other equity components
49 49
Total 346
339
PERUSAHAAN PERSEROAN PERSERO PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS As of June 30, 2017 and For the Six Months Period Then Ended unaudited
Figures in tables are expressed in billions of Rupiah, unless otherwise stated
64
22. REVENUES 2017
2016 Telephone revenues
Cellular Usage charges
19,200 17,906
Monthly subscription charges 30
201 19,230
18,107 Fixed lines
Usage charges 1,679
2,040 Monthly subscription charges
1,631 1,654
Call center 149
142 Others
198 44
21
3,657 3,880
Total telephone revenues 22,887
21,987 Interconnection revenues
2,665 1.879
Data, internet, and information technology service revenues
Celullar internet and data 17,383
14,617 Internet, data communication and information technology
services 8,895
7,411 Short Messaging Services “SMS”
6,790 6,997
Pay TV 647
514 Others
194 96
Total data, internet, and information technology service revenues
33,909 29.635
Network revenues 606
548 Other revenues
Sales of handset 743
740 Telecommunication tower leases
395 358
Call center service 329
363 CPE and terminal
259 326
Others 2,228
618
Total other revenues 3,954
2,405 Total revenues
64,021 56.454
The detail of net revenues received by the Group from agency relationships for the six months period ended June 30, 2017 and 2016 are as follows:
2017 2016
Gross revenues 17,911
14,617 Compensation to value added service providers
528 -
Net revenues 17,383
14,617
Refer to Note 31 for details of related party transactions.
