LSA PROVISIONS FS English Q1 2017 FINAL
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
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31. RELATED PARTY TRANSACTIONS a. Nature of relationships and accountstransactions with related parties
Details of the nature of relationships and accountstransactions with significant related parties are as follows:
Related parties Nature of relationships parties
Nature of accountstransactions
The Government
Ministry of Finance Majority stockholder
Internet and data service revenues, other telecommunication service revenues, finance
income, finance costs, and investment in financial instruments
State-owned enterprises Entity under common control
Internet and data service revenues, other telecommunication services revenues, operating
expenses and purchase of property and equipment Indosat
Entity under common control Interconnection revenues, leased lines revenues,
satellite transponder usage revenues, interconnection expenses, telecommunication
facilities usage expenses, operating and maintenance expenses, usage of data
communication network system expenses
PT Aplikanusa Lintasarta
“Lintasarta” Entity under common control
Interconnection revenues, network service revenues, leased lines expenses, and usage of communication
network system expenses Indosat Mega Media
Entity under common control Network service revenues
PT Perusahaan Listrik Negara
“PLN” Entity under common control
Electricity expenses, finance income, finance costs, investment in financial instrument
PT Pertamina Persero
“Pertamina” Entity under common control
Internet and data service revenues, other telecommunication service revenues
PT Kereta Api Indonesia “KAI” Entity under common control Internet and data service revenues, other
telecommunication service revenues PT Pegadaian
Entity under common control Internet and data service revenues, other
telecommunication service revenues PT Garuda Indonesia Tbk
Entity under common control Internet and data service revenues, other
telecommunication service revenues PT Indonesia Comnet Plus
“ICON Plus” Entity under common control
Internet and data service revenues, other telecommunication service revenues, interconnection
revenues, network revenues and interconnection expenses
PT Asuransi Jasa Indonesia
“Jasindo” Entity under common control
Satellite insurance expenses and vehicle insurance expenses
PT Adhi Karya Tbk
“Adhi Karya” Entity under common control
Purchase of materials and construction services
PT Waskita Karya Tbk
“Waskita” Entity under common control
Purchase of materials and construction services INTI
Entity under common control Purchase of property and equipment and
construction services
LEN Entity under common control
Purchase of property and equipment and construction services
State-owned banks Entity under common control
Finance income and finance costs BNI
Entity under common control Internet and data service revenues, other
telecommunication service revenues, finance income and finance costs
Bank Mandiri Entity under common control
Internet and data service revenues, other telecommunication service revenues, finance income
and finance costs BRI
Entity under common control Internet and data service revenues, other
telecommunication service revenues, finance income and finance costs
BTN Entity under common control
Internet and data service revenues, other telecommunication service revenues, finance income
and finance costs
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
90
31. RELATED PARTY TRANSACTIONS continued a. Nature of relationships and accountstransactions with related parties continued
Details of the nature of relationships and accountstransactions with significant related parties are as follows continued:
Related parties Nature of relationships parties
Nature of accountstransactions
PT Bank Syariah Mandiri “BSM”
Entity under common control Internet and data service revenues, other
telecommunication service revenues, and finance costs
PT Bank BRI Syariah “BRI Syariah”
Entity under common control Internet and data service revenues, other
telecommunication service revenues, and finance costs
Bahana Entity under common control
Available-for-sale financial assets, bonds and notes Sarana Multi Infrastruktur
Entity under common control Finance costs
CSM Associated company
Satelite transponder usage revenues, network service revenues and transmission lease expenses
Indonusa Associated company
Network service revenues and data communication expenses
PT Poin Multi Media Nusantara “POIN”
Associated company Purchase of handset
Yakes Other related entities
Medical expenses Koperasi Pegawai Telkom
“Kopegtel” Other related entities
Purchase of property and equipment construction and installation services, leases of buildings
expenses, lease of vehicles expenses, purchases of vehicles, and purchases of materials and
construction service, maintenance and cleaning service expenses, and RSA revenues
PT Sandhy Putra Makmur “SPM”
Other related entities Leases of buildings expenses, leases of vehicles
expenses, purchase of materials and construction services, utilities of maintenance and cleaning
services Koperasi Pegawai Telkomsel
“Kisel” Other related entities
Internet and data service revenues, other telecommunication service revenues, leases of
vehicles expenses, printing and distribution of customer bills expenses, collection fee, other
services fee, distribution of SIM cards and pulse reload voucher and purchase of property and
equipment
PT Graha Informatika Nusantara “Gratika”
Other related entities Interconnection revenues, network service revenues,
installation expenses, maintenance expenses, and purchase of property and equipment
PT Pembangunan Telekomunikasi Indonesia
“Bangtelindo” Other related entities
Purchase of property and equipment Directors and commissioners Key management personnel
Honorarium and facilities
The outstanding balances of trade receivables and payables at year-end are unsecured and interest free and settlement occurs in cash. There have been no guarantees provided or received
for any related party receivables or payables. As of March 31, 2017, the Group recorded impairment of receivables from related parties of Rp88 billion. Impairment assessment is
undertaken each financial year through examining the current status of existing receivables and historical collection experience.
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
91