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
78
27. TAXATION continued
g. Deferred tax assets and liabilities The details of the Groups deferred tax assets and liabilities are as follows:
Charged credited to the
Charged consolidated
credited to the statements of
consolidated other
December 31, statements of
comprehensive June 30,
2015 profit or loss
income Reclassification
2016 The Company
Deferred tax assets: Provision for impairment of
receivable 429
8 -
- 437
Net periodic pension and other post-retirement benefits costs
335 71
- -
406 Accrued expenses and provision
for inventory obsolescence 211
7 -
- 204
Employee benefit provisions 97
37 -
- 60
Deferred installation fee 65
2 -
- 63
Finance leases 69
5 -
- 64
Provision for Early Retirement -
40 -
- 40
Total deferred tax assets 1,206
68 -
- 1,274
Deferred tax liabilities: Difference between accounting
and tax bases of property and equipment
1,597 87
- -
1,684 Valuation of long-term investment
45 -
- -
45 Land rights, intangible assets
and others 23
10 -
- 13
Total deferred tax liabilities 1,665
77 -
- 1,742
Deferred tax liabilities of the Company
459 9
- -
468 Telkomsel
Deferred tax assets: Provisions for employee
benefits 349
2 -
- 347
Provision for impairment of receivables
138 22
- -
160 Recognition of interest under
USO arrangements -
- Total deferred tax assets
487 20
- -
507 Deferred tax liabilities:
Difference between accounting and tax bases of property
and equipment 1,395
121 -
- 1,274
Finance leases 385
81 -
- 466
Intangible assets 52
3 -
- 49
Total deferred tax liabilities 1,832
43 -
- 1,789
Deferred tax liabilities of Telkomsel - net
1,345 63
- -
1,282 Deferred tax liabilities of
other subsidiaries - net 306
34 -
- 340
Deferred tax liabilities - net 2,110
20 -
- 2,090
Deferred tax assets - net 201
18 -
- 219
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
79
27. TAXATION continued
g. Deferred tax assets and liabilities The details of the Groups deferred tax assets and liabilities are as follows:
Charged credited to the
Charged consolidated
credited to the statements of
December 31, consolidated
other 2014
statements of comprehensive
December 31, profit or loss
income Reclassification
2015 The Company
Deferred tax assets: Provision for impairment of
receivable 470
41 -
- 429
Net periodic pension and other post-retirement benefits costs
330 3
2 -
335 Accrued expenses and provision
for inventory obsolescence 76
135 -
- 211
Employee benefit provisions 72
25 -
- 97
Deferred installation fee 72
7 -
- 65
Finance leases 22
47 -
- 69
Total deferred tax assets 1,042
162 2
- 1,206
Deferred tax liabilities: Difference between accounting
and tax bases of property and equipment
1,458 139
- -
1,597 Valuation of long-term investment
69 24
- -
45 Land rights, intangible assets
and others 14
9 -
- 23
Total deferred tax liabilities 1,541
124 -
- 1,665
Deferred tax liabilities of the Company
499 38
2 -
459 Telkomsel
Deferred tax assets: Provisions for employee
benefits 323
16 10
- 349
Provision for impairment of receivables
129 9
- -
138 Recognition of interest under
USO arrangements -
- Total deferred tax assets
452 25
10 -
487 Deferred tax liabilities:
Difference between accounting and tax bases of property
and equipment 2,044
350 -
299 1,395
Finance leases 254
131 -
- 385
Intangible assets 61
9 -
- 52
Total deferred tax liabilities 2,359
228 -
299 1,832
Deferred tax liabilities of Telkomsel - net
1,907 253
10 299
1,345 Deferred tax liabilities of
other subsidiaries - net 248
59 1
- 306
Deferred tax liabilities - net 2,654
232 13
299 2,110
Deferred tax assets - net 95
107 1
- 201
As of June 30, 2016 and December 31, 2015, the aggregate amounts of temporary differences associated with investments in subsidiaries and associated companies, for which deferred tax
liabilities have not been recognized were R24,602 billion and Rp28,295 billion, respectively.
Realization of the deferred tax assets is dependent upon the Group’s capability in generating
future profitable operations. Although realization is not assured, the Group believes that it is probable that these deferred tax assets will be realized through reduction of future taxable income
when temporary differences reverse. The amount of deferred tax assets is considered realizable; however, it could reduce if actual future taxable income is lower than estimates.
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
80
27. TAXATION continued
