PERUSAHAAN PERSEROAN PERSERO PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS AS OF SEPTEMBER 30, 2013 UNAUDITED AND FOR NINE MONTHS PERIOD ENDED
WITH COMPARATIVE FIGURES AS OF DECEMBER 31, 2012 AUDITED AND FOR NINE MONTHS PERIOD ENDED SEPTEMBER 30, 2012 UNAUDITED
Figures in tables are presented in billions of Rupiah, unless otherwise stated
57
15. ACCRUED EXPENSES September 30, December 31,
2013 2012
Operations, maintenance and telecommunications services 3,572
2,917 General, administrative and marketing
908 882
Salaries and benefits 995
1,491 Interest and bank charges
181 174
Early retirement program -
699
Total 5,656
6,163
Accruals for early retirement program arose from the Decision of Human Capital and General Affairs Director No. PR.206.01r.02PD000COP-B00100002012 on early retirement program dated
November 1, 2012 and communicated to the employees on the same date. The Company estimated the accrual on the basis of the number of eligible employees that met the criteria stipulated in the
Company’s regulation related to this program. Accrued early retirement benefits as of
December 31, 2012 amounted to Rp699 billion was charged to the 2012 consolidated statement of comprehensive income Note 27.
Refer to Note 37 for details of related party transactions.
16. UNEARNED INCOME
September 30, December 31, 2013
2012
Prepaid pulse reload vouchers 3,032
2,352 Other telecommunications services
143 132
Others each below Rp50 billion 202
245
Total 3,377
2,729 17. SHORT-TERM BANK LOANS
September 30, 2013 December 31, 2012
Outstanding Outstanding
Original Original
currency Rupiah
currency Rupiah
Lenders Currency in millions
equivalent in millions equivalent
Bank CIMB Niaga Rp
- 177
- 20
Danamon Rp
- 80
BRI Rp
- 50
- Others
Rp -
33 -
13 US
13 -
4
Total 353
37
Refer to Note 37 for details of related party transactions.
PERUSAHAAN PERSEROAN PERSERO PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS AS OF SEPTEMBER 30, 2013 UNAUDITED AND FOR NINE MONTHS PERIOD ENDED
WITH COMPARATIVE FIGURES AS OF DECEMBER 31, 2012 AUDITED AND FOR NINE MONTHS PERIOD ENDED SEPTEMBER 30, 2012 UNAUDITED
Figures in tables are presented in billions of Rupiah, unless otherwise stated
58
17. SHORT-TERM BANK LOANS continued
Other significant information relating to short-term bank loans as at September 30, 2013 is as follows:
Total facility
Interest Interest
in Maturity payment
rate Borrower Currency billions
Date period
per annum Security
Bank CIMB Niaga April 25, 2005
a
Balebat Rp
12 May 29,
Monthly 10.50
Property and 2013
equipment Note 11, inventories
Note 7, and trade receivables Note 6
April 29, 2008
a
Balebat Rp
10 May 29,
Monthly 10.50
Property and 2013
equipment Note 11, inventories
Note 7, and trade receivables Note 6
March 9, 2013 Infomedia Rp
38 October 9,
Monthly 9.50
Trade receivables 2013
Note 6 March 22, 2013
Infomedia Rp 38 October 22,
Monthly 9.50
Trade receivables 2013
Note 6 April, 2013
GSD Rp
50 December 31, Monthly
9.75 Property and
2013 equipment
Note 11 September 30, 2013 GSD
Rp 35
August 18, Monthly
9.75 Property and
2014 equipment
Note 11 BRI
March 8, 2013 Infomedia Rp
50 March 8,
Monthly 8.00
Trade receivables 2014
Note 6 Bank Ekonomi Raharja
April 16, 2013 Sigma
USD 3.5
June 30, Monthly
6.00 Trade receivables
2014 Note 6
Danamon July 9, 2013
Infomedia Rp 80
July 9, Monthly
10.00 Trade receivables
2014 Note 6
The credit facilities obtained by the Company’s subsidiaries are used for working capital purposes.
a
Based on the latest amendment on October 10, 2012.
18. CURRENT MATURITIES OF LONG-TERM LIABILITIES a. Current maturities
September 30, December 31, Notes
2013 2012
Bank loans 21
3,559 4,475
Obligations under finance leases 11
611 510
Bonds and notes 20
353 440
Two-step loans 19
211 196
Total 4,734
5,621
Refer to Note 37 for details of related party transactions.
