PERUSAHAAN PERSEROAN PERSERO PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS For the three month periods Ended March 31, 2017 and 2016 unaudited
Figures in tables are expressed in billions of Rupiah, unless otherwise stated
107
36. ASSETS AND LIABILITIES DENOMINATED IN FOREIGN CURRENCIES continued
December 31, 2016 U.S. dollar
in millions Japanese yen
in millions Others
in millions Rupiah equivalent
in billions Assets
Cash and cash equivalents 204.34
5.99 20.94
3,032 Other current financial assets
8.81 -
0.35 122
Trade receivables Related parties
- Third parties
106.70 -
3.88 1,488
Other receivables 0.44
- 0.10
7 Advances and other non-current assets
4.09 -
- 56
Total assets 324.38
5.99 25.27
4,705
Liabilities
Trade payables Related parties
0.18 -
0.01 2
Third parties 163.09
4.83 6.21
2,246 Other payables
5.40 -
1.18 88
Accrued expenses 27.99
20.96 0.18
381 Advances from customers and suppliers
0.48 -
- 7
Current maturities of long-term liabilities 10.88
767.90 -
235 Promissory notes
0.10 -
- 1
Long-term liabilities - net of current maturities 64.14
5,375.28 -
1,482 Total liabilities
272.26 6,168.97
7.58 4,442
Assets liabilities - net 52.12
6,162.98 17.69
263
Assets and liabilities denominated in other foreign currencies are presented as U.S. dollar equivalents using the buy and sell rates quoted by Reuters prevailing at the end of the reporting period.
The Group’s activities expose them to a variety of financial risks, including the effects of changes in debt and equity market prices, foreign currency exchange rates, and interest rates.
If the Group reports monetary assets and liabilities in foreign currencies as of March 31, 2017 using the exchange rates on April 19, 2017, the unrealized foreign exchange loss amounted to
Rp20 billion.
37. FINANCIAL RISK MANAGEMENT
1. Fair value of financial assets and financial liabilities a.
Classification i. Financial asset
March 31, 2017 December 31, 2016 Financial assets at fair value through
profit or loss Derivative asset – put option
- Loans and receivables
Cash and cash equivalents 33,699
29,767 Trade and other receivables, net
9,555 7,900
Other current financial assets 329
313 Other non-current assets
262 210
Available-for-sale financial assets Available-for-sale investment
1,145 1,158
Total financial asset 44,990
39,348
PERUSAHAAN PERSEROAN PERSERO PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS For the three month periods Ended March 31, 2017 and 2016 unaudited
Figures in tables are expressed in billions of Rupiah, unless otherwise stated
108
37. FINANCIAL RISK MANAGEMENT continued
1. Fair value of financial assets and financial liabilities continued a. Classification continued
ii. Financial liabilites
March 31, 2017 December 31, 2016
Financial liabilities measured at amortized cost
Trade and other payables 12,595
13,690 Accrued expenses
12,567 11,283
Interest-bearing loans and other borrowings
Short-term bank loans 914
911 Two-step loans
1,282 1,292
Bonds and notes 9,322
9,323 Long-term bank loans
15,646 15,566
Obligation under finance lease 3,922
4,010 Other borrowings
697 697
Total financial liabilities 56,945
56,772
b. Fair Value
Fair value measurement at reporting date using
March 31, 2017 Carrying
value Fair Value
Quoted prices in active markets for
identical assets or liabilities
level 1 Significant
other observable
inputs level 2
Significant unobservable
inputs level 3
Financial assets measured at fair value
Available-for-sale investment 1,145
1,145 1,074
71 -
Total 1,145
1,145 1,074
71 -
Financial liabilities for which fair values are disclosed
Interest-bearing loans and other borrowings
Two-step loans 1,282
1,306 -
- 1,306
Bonds and notes 9,322
10,095 9,754
- 341
Long-term bank loans 15,646
15,458 -
- 15,458
Obligation under finance lease 3,922
3,922 -
- 3,922
Other borrowings 697
695 -
- 695
Total 30,869
31,476 9,754
- 21,722
