PERUSAHAAN PERSEROAN PERSERO PT TELEKOMUNIKASI INDONESIA Tbk AND ITS SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS As of June 30, 2014 and for the Six Months Period Then Ended unaudited
Figures in tables are expressedin billions of rupiah, unless otherwise stated
12
1. GENERAL continued c. Public offering of securities of the Company continued
During the Extraordinary General Meeting“EGM” held on December 21, 2005 and the AGM held on June 29, 2007, June 20, 2008, and May 19, 2011, the Company’s stockholders approved
phase I, II, III and IV plan, respectively, of the Company’s program to repurchase its issued Series B shares Note 25.
During the period December 21, 2005 to June 20, 2007, the Company had bought back 211,290,500 shares from the public stock repurchase program phase I. On July 30, 2013, the
Company has sold all such sharesNote 25.
On April 19, 2013, in the AGM held on April 19, 2013 as covered by notarial deedNo. 38 of Ashoya Ratam, S.H., MKn., dated April 19, 2013 the stockholders approved the changes to the
Company’s plan on the treasury stock acquired under phase III Notes 23 and 25.
At the AGM held on April 19, 2013, the minutes of which are covered by notarial deed No.38 of Ashoya Ratam, S.H, MKn, dated April 19, 2013 the Company’s stockholders approved the
Company’s 5-for-1stock split for Series A Dwiwarna and Series B shares. Series A Dwiwarna share with par value of Rp250 per share was split into 1 Series A Dwiwarna share with par value
of Rp50 per share and 4 Series B shares with par value Rp50 per share. The stock split resulted in an increase of the Company’s authorized capital stock from 1 Series A Dwiwarna and
79,999,999,999 Series B shares to 1 Series A Dwiwarna and 399,999,999,999 Series B shares, and the issued capital stock from 1 Series A Dwiwarna and 20,159,999,279 Series B shares to 1
Series A Dwiwarna and 100,799,996,399 Series B shares. After the stock split, each ADS represented 200 Series B shares Notes 23 and 25.
On May 16 and June 5, 2014, the company has deregistrated on Tokyo Stock Exchange and delisted on the LSE.
On June 13, 2014, the Company has resold 215,000,000 equal to 1,075,000,000 shares after the stock split for the repurchase of shares of treasury stock phase II Note 25.
As of June 30, 2014, all of the Company’s Series B shares are listed on the IDX and 46,890,120 ADS shares are listed on the NYSE Note 23.
As of June 30, 2014, the Company’s outstanding rupiah bonds represents the second Rupiah bonds issued on June 25, 2010 with a nominal amount of Rp1,005 billion for a five-year period
and Rp1,995 billion for a ten-year period for Series A and Series B, respectively, are listed on the IDX Note 20a.
d. Subsidiaries
As of June 30, 2014 and December 31, 2013, the Company has consolidated the following directly or indirectly owned subsidiaries Notes 2b and 2d:
i Direct subsidiaries: Percentage of
Total assets Nature of business
Date of ownership interest
before elimination date of incorporation
start of Subsidiaryplace of
or acquisition by commercial
June 30 December 31
June 30 December 31,
incorporation the Company
operations 2014
2013 2014
2013
PT Telekomunikasi Telecommunication
1995 65
65 68,533
73,336
Selular “Telkomsel” provides
Jakarta, Indonesia telecommunication
facilities and mobile cellular services
using Global Systems for Mobile
Communication “GSM” technology
May 26, 1995
1. GENERAL continued
PERUSAHAAN PERSEROAN PERSERO PT TELEKOMUNIKASI INDONESIA Tbk AND ITS SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS As of June 30, 2014 and for the Six Months Period Then Ended unaudited
Figures in tables are expressedin billions of rupiah, unless otherwise stated
13
d. Subsidiaries continued
As of June 30, 2014 and December 31, 2013, the Company has consolidated the following directly or indirectly owned subsidiaries Notes 2b and 2d:
i Direct subsidiaries: Percentage of
Total assets Nature of business
Date of ownership interest
before elimination date of incorporation
start of Subsidiaryplace of
or acquisition by commercial
June 30 December 31
June 30 December 31,
incorporation the Company
operations 2014
2013 2014
2013
PT Dayamitra Telecommunication
1995 100
100 8,457
7,363 Telekomunikasi
May 17, 2001
“Dayamitra”,
Jakarta, Indonesia PT Multimedia Nusantara
Multimedia and line 1998
100 100
5,577 5,297
“Metra”, telecommunication
Jakarta, Indonesia servicesMay 9, 2003
PT Telekomunikasi Telecommunication
1995 100
100 4,057
3,804 Indonesia International July 31, 2003
“TII”,
Jakarta, Indonesia PT Graha Sarana Duta
Leasing of offices 1982
99.99 99.99
1,899 1,574
“GSD”, and providing building
Jakarta, Indonesia management and
maintenance services, civil consultant and
developer April 25, 2001
PT Pramindo Ikat Telecommunication
1995 100
100 1,520
1,365 Nusantara
construction and
“Pramindo”, services August 15,
Jakarta, Indonesia 2002
PT Telkom Akses Construction,
2013 100
100 1,227
946
“Telkom Akses”, service and trade in
Jakarta, Indonesia the field of
telecommunication November 26, 2012
PT Patra Telekomunikasi Telecomunication
1996 100
100 303
255
Indonesia “Patrakom” provides fixed line
Jakarta, Indonesia communication system
September 28, 1995 PT Infrastruktur
Construction, 2014
100 -
177 -
Telekomunikasi service and trade in
Indonesia the field of
“Telkom Infratel” telecommunication
Jakarta, Indonesia January 16, 2014
PT Napsindo Primatel Telecommunication -
1999; ceased 60
60 5
5 Internasional
provides Network operations on
“Napsindo”, Access Point NAP, January 13,
Jakarta, Indonesia Voice Over Data
2006 VOD and other
related services December 29, 1998
On September, 25 and November, 29, 2013, the Company acquired additional interest of 40 and 20, respectively, of Patrakom Note3.
On January, 16, 2014 the Company established PT Infrastruktur Telekomunikasi Indonesia “Telkom Infratel” with interest of 100.
1. GENERAL continued
PERUSAHAAN PERSEROAN PERSERO PT TELEKOMUNIKASI INDONESIA Tbk AND ITS SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS As of June 30, 2014 and for the Six Months Period Then Ended unaudited
Figures in tables are expressedin billions of rupiah, unless otherwise stated
14
d. Subsidiaries continued
ii Indirect subsidiaries: Percentage of
Total assets Nature of business
Date of ownership interest
before elimination date of incorporation
start of Subsidiaryplace of
or acquisition by commercial
June 30 December 31
June 30 December 31
incorporation the Company
operations 2014
2013 2014
2013
PT Sigma Cipta Caraka Information technology
1988 100
100 2,008
1,890
“Sigma”, service - system
Tangerang, Indonesia implementation and
integration service, outsourcing and
software license maintenance
May 1,1987 PT Infomedia Nusantara
Data and information 1984
100 100
1,230 1,223
“Infomedia”, service - provides
Jakarta, Indonesia telecommunication
information services and other information
services in the form of print and electronic
media and call center services
September 22,1999 Telekomunikasi
Telecommunication 2008
100 100
836 785
Indonesia December 6, 2007
International Pte. Ltd., Singapore
Telekomunikasi Telecommunication
2012 100
100 811
803 Indonesia
September 11, 2012
International “TL” S.A.,
Timor Leste PT Metra Digital Media
Telecommunication 2013
100 100
769 692
“MDM”, information services
Jakarta, Indonesia January 8, 2013
PT Telkom Landmark Service for property
2012 55
55 666
493
Tower “TLT”, development and
Jakarta, Indonesia management
February 1, 2012 Telekomunikasi Indonesia
Telecommunication 2010
100 100
206 90
International Ltd., December 8, 2010
Hong Kong PT Finnet Indonesia
Banking data and 2006
60 60
180 203
“Finnet”, Jakarta, communication
Indonesia October 31, 2005
PT Administrasi Medika Health insurance
2010 75
75 142
127
“Ad Medika”, administration services
Jakarta, Indonesia February 25, 2010
PT Metra Plasa Website
2012 60
60 75
86
“Metra Plasa”, services
Jakarta, Indonesia April 9, 2012
PT Metra-Net “Metra-Net”, Multimedia portal 2009
100 100
37 40
Jakarta, Indonesia serviceApril 17, 2009
PT Graha Yasa Selaras Tourism service
2013 51
51 45
32
“GYS” April 27, 2012
Jakarta, Indonesia PT Pojok Celebes
Tour agentbureau 2008
51 51
8 14
Mandiri “Pointer” services
Jakarta, August 30, 2013
Indonesia
