PERUSAHAAN PERSEROAN PERSERO PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS AS OF DECEMBER 31, 2012 AND FOR THE YEAR THEN ENDED
WITH COMPARATIVE FIGURES AS OF DECEMBER 31, 2011 AND FOR THE YEAR THEN ENDED AND AS OF JANUARY 1, 2011
Figures in tables are presented in billions of Rupiah, unless otherwise stated
90
36. POST-RETIREMENT HEALTH CARE BENEFITS continued
The actuarial valuation for the post-retirement health care benefits was performed based on the measurement date as of December 31, 2012 and 2011, with reports dated February 28, 2013 and
March 7, 2012, respectively, by TWP, an independent actuary in association with TW. The principal actuarial assumptions used by the independent actuary as of December 31, 2012 and
2011 are as follows:
2012 2011
Discount rate 6.25
7.25 Expected long-term return on plan assets
7.50 8.00
Health care costs trend rate assumed for next year 7
7 Ultimate health care costs trend rate
7 7
Year that the rate reaches the ultimate trend rate 2013
2012 1 change in assumed future health care costs trend rates would have the following effects:
1 point increase 1 point decreas
Service costs and interest costs 342
256 Accumulated post-retirement health care benefits obligation
2,615 2,085
Historical information:
2012 2011 2010 2009 2008
Present value of funded defined benefit obligation
13,162 10,547 8,741
7,166 5,855
Fair value of plan assets 9,913
8,986 8,005
6,022 4,018
Deficit in the plan 3,249
1,561 736
1,144 1,837
Experience adjustments arising on plan liabilities
74 64
231 722
479 Experience adjustments arising on
plan assets 177
222 691
756 579
PERUSAHAAN PERSEROAN PERSERO PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS AS OF DECEMBER 31, 2012 AND FOR THE YEAR THEN ENDED
WITH COMPARATIVE FIGURES AS OF DECEMBER 31, 2011 AND FOR THE YEAR THEN ENDED AND AS OF JANUARY 1, 2011
Figures in tables are presented in billions of Rupiah, unless otherwise stated
91
37. RELATED PARTY TRANSACTIONS
In the normal course of its business, the Company and subsidiaries entered into transactions with related parties. It is the Companys policy that the pricing of these transactions be the same as those
of arm’s-length transactions.
a. Nature of relationships and accountstransactions with related parties
Details of the nature of relationships and transactionsaccounts with significant related parties are as follows:
Nature of relationships Related parties
with related parties Nature of transactionsaccounts
The Government: Majority stockholder
Finance costs and investment on Minister of Finance
financial instruments State-owned enterprises
Entity under common control Operation expenses, purchase of property
and equipment, construction and installation services, insurance expense,
finance costs, finance income, investment on financial instruments
Indosat Entity under common control
Interconnection revenues, interconnection expenses, telecommunications facilities
usage, operating and maintenance cost, leased lines revenue, satellite transponders
usage revenues, usage of data communication network system expenses
and lease revenues PT Aplikanusa Lintasarta
Entity under common control Network revenues, usage of data
“Lintasarta” communication network system expenses
and leased lines expenses Indosat Mega Media
Entity under common control Network revenues
PT Sistelindo Mitralintas Entity under common control
Network revenues CSM
Associated company Satellite transponders usage revenues,
leased lines revenues, transmission lease expenses
Patrakom Associated company
Satellite transponders usage revenues, leased lines revenues, transmission lease
expenses PSN
Associated company Satellite transponders usage revenues,
leased lines revenues, transmission lease expenses, interconnection revenues and
interconnection expense PT Industri Telekomunikasi
Entity under common control Purchase of property and equipment
Indonesia “INTI” PT Asuransi Jasa Indonesia
Entity under common control Insurance of property and equipment
“Jasindo” PT Jaminan Sosial Tenaga Kerja
Entity under common control Insurance expenses for employees
“Jamsostek” PT Perusahaan Listrik Negara
Entity under common control Electricity expenses
Persero “PLN” PT Pos Indonesia
Entity under common control Cost of SIM cards
State-owned banks Entity under common control
Finance income and finance costs BNI
Entity under common control Finance income and finance costs
