ACCRUED EXPENSES June 30, FS English Q2 2016 FINAL

PERUSAHAAN PERSEROAN PERSERO PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS As of June 30, 2016 and For the Six Months Period Then Ended unaudited Figures in tables are expressed in billions of rupiah, unless otherwise stated 53

15. SHORT-TERM BANK LOANS AND CURRENT MATURITIES OF LONG-TERM BORROWINGS continued

a. Short-term bank loans continued Other significant information relating to short-term bank loans as of June 30, 2016 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 e Rp 12 July 30, 2017 Monthly 13.00 Trade receivables Note 5, inventories Note 6, property and equipment Note 9 April 29, 2008 a Balebat e Rp 10 July 30, 2017 Monthly 13.00 Trade receivables Note 5, inventories Note 6, property and equipment Note 9 March 21, 2013 b Infomedia Rp 38 October 18, 2016 Monthly 12.00 Trade receivables Note 5 March 25, 2013 b Infomedia Rp 38 October 18, 2016 Monthly 12.00 Trade receivables Note 5 March 27, 2013 b Infomedia Rp 24 October 18, 2016 Monthly 12.00 Trade receivables Note 5 April 28, 2013 c GSD Rp 85 January 1, 2017 Monthly 11.5 Property and equipment Note 9 September 22, Balebat e Rp 5 July 30, 2017 Monthly 13.00 Trade receivables 2014 a Note 5, inventories Note 6 property and equipment Note 9 October 29, Infomedia Rp 50 October 29, 2016 Monthly 12.00 Trade 2014 Solusi receivables Note 5 Humanika f UOB November 22, 2013 Infomedia Rp 200 November 22, 2016 Monthly 10.88 Trade receivables Note 5 SCB June 16, 2013 GSD Rp 91 September 30, 2016 Monthly 10.50 Trade receivables Note 5 PT. Bank DBS Indonesia April 12, 2016 Sigma g USD 0,02 September 30, 2016 Semiannually 3.25 Trade receivables USD Note 5 10.75 IDR The credit facilities were obtained by the Company’s subsidiaries for working capital purposes. a Based on the latest amendment on December 14, 2015. b Based on the latest amendment on December 21, 2015. c Based on the latest amendment on November 11, 2014. d Based on the latest amendment on August 11, 2015. e MD Media’s subsidiary. f Infomedia’s subsidiary. g Facility in USD. Withdrawal in USD and IDR PERUSAHAAN PERSEROAN PERSERO PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS As of June 30, 2016 and For the Six Months Period Then Ended unaudited Figures in tables are expressed in billions of rupiah, unless otherwise stated 54

15. SHORT-TERM BANK LOANS AND CURRENT MATURITIES OF LONG-TERM BORROWINGS continued

b. Current maturities of long-term borrowings June 30, December 31, Notes 2016 2015 Bank loans 16c 3,366 2,928 Obligations under finance leases 9 769 641 Two-step loans 16a 234 224 Bonds and notes 16b 38 49 Total 4,407 3,842 Refer to Note 32 for details of related party transactions. 16. LONG-TERM BORROWINGS June 30, December 31, Notes 2016 2015 Bank loans 16c 14,389 15,434 Bonds and notes 16b 9,475 9,499 Obligations under finance leases 9 3,783 3,939 Two-step loans 16a 1,251 1,296 28,898 30,168 Scheduled principal payments as of June 30, 2016 are as follows: Year Notes Total 2017 2018 2019 2020 Thereafter Bank loans 16c 14,389 1,676 6,985 2,114 2,062 1,552 Bonds and notes 16b 9,475 16 31 250 2,146 7,032 Obligations under finance leases 9 3,783 388 666 602 623 1,504 Two-step loans 16a 1,251 116 210 192 192 541 Total 28,898 2,196 7,892 3,158 5,023 10,629 a. Two-step loans Two-step loans are unsecured loans obtained by the Government from overseas banks which are then re-loaned to the Company. Loans obtained up to July 1994 are payable in rupiah based on the exchange rate at the date of drawdown. Loans obtained after July 1994 are payable in their original currencies and any resulting foreign exchange gain or loss is borne by the Company. June 30, 2016 December 31, 2015 Outstanding Outstanding Original Original currency Rupiah currency Rupiah Lenders Currency in millions equivalent in millions equivalent Overseas banks Yen 6,527 839 6,911 792 US 24 319 26 363 Rp - 327 - 365 Total 1,485 1,520 Current maturities Note 15b.i 234 224 Long-term portion Note 17b 1,251 1,296