TRADE RECEIVABLES continued Telekomunikasi Indonesia Eng 31 Des 2013
9. ASSET HELD FOR SALE
This account represents the carrying amount of Telkomsel’s equipment to be exchanged with equipment of Nokia Siemens Network Oy “NSN Oy” and PT Huawei Tech Investment “PT Huawei”. The equipment will be used as part of the settlement for the exchanges of equipment from these companies. In 2013, Telkomsel’s equipment with net carrying amount of Rp105 billion is reclassified to asset held for sale Note 11c.vi. Asset held for sale is presented under personal segment Note 38.10. LONG-TERM INVESTMENTS
2013 Share of net loss Percentage profit of of Beginning Addition associated Translation Ending ownership balance Deduction company Dividend adjustment balance Long-term investments in associated companies: Indonusa a 20.00 - 182 7 - - 189 PT Melon Indonesia “Melon” b 51.00 42 - 3 - - 39 ILCS c 49.00 48 - 11 - - 37 Telin Malaysia d 49.00 - 20 6 - 4 18 CSM e 25.00 20 - 20 - - - PSN f 22.38 - - - - - - Patrakom g 40.00 46 46 2 2 - - Scicom h 29.71 98 88 2 3 9 - Sub-total 254 68 29 5 5 283 Other long-term investments 21 - - - - 21 Total long-term investments 275 68 29 5 5 304 2013 Assets Liabilities Revenue Loss Long-term investments in associated companies: Indonusa a 655 669 363 124 Melon b 90 22 73 6 ILCS c 88 13 4 22 Telin Malaysia d 37 1 11 CSM e 1,273 1,387 306 181 PSN f 817 2,148 462 55 Total 2,960 4,240 1,208 399 PERUSAHAAN PERSEROAN PERSERO PT TELEKOMUNIKASI INDONESIA Tbk AND ITS SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS As of December 31, 2013 and for the Year Then Ended Figures in tables are expressed in billions of rupiah, unless otherwise stated 4810. LONG-TERM INVESTMENTS continued
2012 Share of net loss Percentage profit of of Beginning associated Translation Ending ownership balance Additions company Dividend adjustment balance Long-term investments in associated companies: Scicom h 29.71 101 - 2 8 7 98 ILCS c 49.00 - 49 1 - - 48 Patrakom g 40.00 43 - 5 2 - 46 PT Melon Indonesia “Melon” b 51.00 44 - 2 - - 42 CSM e 25.00 26 - 11 - 5 20 PSN f 22.38 - - - - - - Sub-total 214 49 11 10 12 254 Other long-term investments 21 - - - - 21 Total long-term investments 235 49 11 10 12 275 2012 Assets Liabilities Revenue Profit loss Long-term investments in associated companies: Scicom h 223 17 399 40 ILCS c 104 7 1 3 Patrakom g 218 102 226 12 Melon b 89 7 10 4 CSM e 1,168 905 403 44 PSN f 590 1,512 292 1 Total 2,392 2,550 1,331 2 a Indonusa had been the Company’s subsidiary until 2013 when the Company disposed 80 of its interest in Indonusa Notes 1d and 3. b Melon is engaged in providing Digital Content Exchange Hub services “DCEH”. As a result of the existence of substantive participating rights held by the other venturer over the significant financial and operating policies of Melon, Metra does not have control over Melon. c ILCS is engaged in providing E-trade logistic services and other related services. d Telin Malaysia is engaged in telecommunication services in Malaysia. e CSM is engaged in providing Very Small Aperture Terminal “VSAT”, network application services and consulting services on telecommunications technology and related facilities. f PSN is engaged in providing satellite transponder leasing and satellite-based communication services in the Asia-Pacific Region. The Company’s share in losses of PSN has exceeded the carrying amount of its investment since 2001; accordingly, the investment value has been reduced to Rp nil. The unrecognized share of losses of PSN for the years ended December 31, 2013 and 2012 are Rp298 billion and Rp206 billion, respectively. g Patrakom has been engaged in providing satellite communication system services, related services and facilities to companies in the petroleum industry. Starting in 2013, Patrakom has been consolidated Notes 1d and 3. h Scicom is engaged in providing call center services in Malaysia. On September 19, 2013, the Company sold its investment in Scicom MSC Berhad-Malaysia Scicom, with the proceeds of disposal and the carrying amount of the investment on the date of disposal amounting to Rp153 billion and Rp88 billion, respectively, resulting in a gain of Rp65 billion.Parts
» Telekomunikasi Indonesia Eng 31 Des 2013
» GENERAL a. Establishment and general information
» Public offering of securities of the Company
» Subsidiaries GENERAL continued c. Public offering of securities of the Company continued
» GENERAL continued d. Subsidiaries continued
» GENERAL continued Telekomunikasi Indonesia Eng 31 Des 2013
» Authorization for the issuance of the consolidated financial statements
» Basis of preparation of financial statements
» Transactions with related parties
» SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued d. Business combinations continued
» Investments in associated companies
» Inventories SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued e. Cash and cash equivalents
» Prepaid expenses SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued h. Inventories continued
» Intangible assets SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued h. Inventories continued
» SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued l.
» Leases SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued l.
» Deferred charges - land rights
» Borrowings SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued o. Trade payables
» SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued s. Employee benefits continued
» Income tax SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued
» SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued u. Financial instruments
» SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued u. Financial instruments continued
» Basic earnings per share and earnings per ADS
» Segment information SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued w. Dividends
» Provision SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued w. Dividends
» Retirement benefits SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued w. Dividends
» Retirement benefits continued Impairment of non-financial assets
» BUSINESS COMBINATIONS a. Acquisitions
» Disposal of Indonusa BUSINESS COMBINATIONS continued a. Acquisitions continued
» BUSINESS COMBINATION continued b. Disposal of Indonusa continued CASH AND CASH EQUIVALENTS 2013
» CASH AND CASH EQUIVALENTS continued 2013
» CASH AND CASH EQUIVALENTS continued OTHER CURRENT FINANCIAL ASSETS 2013
» TRADE RECEIVABLES Telekomunikasi Indonesia Eng 31 Des 2013
» TRADE RECEIVABLES continued Telekomunikasi Indonesia Eng 31 Des 2013
» INVENTORIES continued Telekomunikasi Indonesia Eng 31 Des 2013
» LONG-TERM INVESTMENTS Telekomunikasi Indonesia Eng 31 Des 2013
» LONG-TERM INVESTMENTS continued Telekomunikasi Indonesia Eng 31 Des 2013
» PROPERTY AND EQUIPMENT Telekomunikasi Indonesia Eng 31 Des 2013
» PROPERTY AND EQUIPMENT continued
» ADVANCES AND OTHER NON-CURRENT ASSETS continued
» INTANGIBLE ASSETS Telekomunikasi Indonesia Eng 31 Des 2013
» INTANGIBLE ASSETS continued Telekomunikasi Indonesia Eng 31 Des 2013
» TRADE PAYABLES continued 2013 ACCRUED EXPENSES 2013
» UNEARNED INCOME 2013 Telekomunikasi Indonesia Eng 31 Des 2013
» SHORT-TERM BANK LOANS Telekomunikasi Indonesia Eng 31 Des 2013
» CURRENT MATURITIES OF LONG-TERM LIABILITIES
» TWO-STEP LOANS continued Telekomunikasi Indonesia Eng 31 Des 2013
» BANK LOANS BANK LOANS continued
» BANK LOANS continued Telekomunikasi Indonesia Eng 31 Des 2013
» NON-CONTROLLING INTERESTS 2013 Telekomunikasi Indonesia Eng 31 Des 2013
» CAPITAL STOCK continued 2012 Telekomunikasi Indonesia Eng 31 Des 2013
» 5,805 ADDITIONAL PAID-IN CAPITAL continued
» TREASURY STOCK continued Telekomunikasi Indonesia Eng 31 Des 2013
» REVENUES continued 2013 PERSONNEL EXPENSES
» TAXATION Telekomunikasi Indonesia Eng 31 Des 2013
» TAXATION continued Telekomunikasi Indonesia Eng 31 Des 2013
» TAXATION continued TAXATION continued
» BASIC AND DILUTED EARNINGS PER SHARE
» CASH DIVIDENDS AND GENERAL RESERVE
» CASH DIVIDENDS AND GENERAL RESERVE continued Appropriation of Retained Earnings
» Prepaid pension benefit costs continued 2013
» Prepaid pension benefit costs continued
» Prepaid pension benefit costs continued Historical information: Pension benefit costs provisions
» Pension benefit cost provisions continued
» Pension benefit costs provisions continued
» Other post-retirement benefits continued
» Obligation under the Labor Law
» POST-RETIREMENT HEALTH CARE BENEFITS
» POST-RETIREMENT HEALTH CARE BENEFITS continued
» Nature of relationships and accountstransactions with related parties
» 3,626 2013 RELATED PARTY TRANSACTIONS continued b. Transactions with related parties
» 4,310 RELATED PARTY TRANSACTIONS continued b. Transactions with related parties
» 506 2013 RELATED PARTY TRANSACTIONS continued b. Transactions with related parties continued
» 382 RELATED PARTY TRANSACTIONS continued b. Transactions with related parties continued
» Cash and cash equivalents Note 4 11,736
» 8,992 RELATED PARTY TRANSACTIONS continued b. Transactions with related parties continued
» b. Other current financial assets Note 5
» 701 Trade receivables - net Note 6 900
» d. Advances and prepaid expenses Note 8
» 14 Advances and other non-current assets Note 12
» 89 h. Advances from customers and suppliers
» Long-term bank loans Note 21
» 8,396 RELATED PARTY TRANSACTIONS continued b. Transactions with related parties continued
» POST-RETIREMENT HEALTH CARE BENEFITS continued RELATED PARTY TRANSACTIONS continued
» Key management personnel remuneration
» SEGMENT INFORMATION Telekomunikasi Indonesia Eng 31 Des 2013
» SEGMENT INFORMATION continued Telekomunikasi Indonesia Eng 31 Des 2013
» REVENUE-SHARING ARRANGEMENTS “RSA” Telekomunikasi Indonesia Eng 31 Des 2013
» Mobile cellular telephone tariffs
» SIGNIFICANT COMMITMENTS AND AGREEMENTS
» SIGNIFICANT COMMITMENTS AND AGREEMENTS continued a. Capital expenditures continued
» SIGNIFICANT COMMITMENTS AND AGREEMENTS continued
» Borrowings and other credit facilities
» SIGNIFICANT COMMITMENTS AND AGREEMENTS continued c. Others
» SIGNIFICANT COMMITMENTS AND AGREEMENTS continued c. Others continued
» CONTINGENCIES continued Telekomunikasi Indonesia Eng 31 Des 2013
» ASSETS AND LIABILITIES DENOMINATED IN FOREIGN CURRENCIES
» ASSETS AND LIABILITIES DENOMINATED IN FOREIGN CURRENCIES continued FINANCIAL RISK MANAGEMENT
» 0.10 FINANCIAL RISK MANAGEMENT continued
» FINANCIAL RISK MANAGEMENT continued
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