PT XL AXIATA Tbk AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS 31 DECEMBER 2007, 2008 AND 2009; AND 31 MARCH 2009 AND 2010
Expressed in millions of Rupiah, unless otherwise stated
Page 50
26. RELATED PARTY INFORMATION continued
a. Nature of transactions and relationships with related parties continued
Nature of the relationships Related parties
with related parties Nature of transactions
Hello Axiata Company Limited Entity under common control
International roaming revenue and Cambodia
interconnection charges formerly Telekom Malaysia
International Cambodia Co. Ltd. Axiata Bangladesh Limited
Entity under common control International roaming revenue and
formerly TM International interconnection charges
Bangladesh Ltd. PT Rajawali Corpora
Shareholders until May 2007, Building rental
one of PT Rajawali Corpora’s directors is the Company’s
commissioner M1 Limited formerly
Entity under common control International roaming revenue and
MobileOne Ltd. interconnection charges
Idea Cellular Limited India Entity under common control
International roaming revenue and formerly Spice Communications
interconnection charges Ltd.
Axiata Group Berhad Entity under common control
Reimbursement of expenses formerly TM
International Berhad PT Bank CIMB Niaga Tbk
Entity under common control Leased line revenue, cash and
formerly PT Bank Niaga cash equivalent
Tbk and Lippo Bank Emirates Telecommunications
Afiliate of shareholder International roaming revenue and
Corporation interconnection charges
Etihad Etisalat Afilliate of shareholder
International roaming revenue and interconnection charges
Thuraya Satellite Afilliate of shareholder
International roaming revenue and Telecommunications
interconnection charges Company
PT VADS Indonesia Entity under common control
Outsource contact centre, sale of assets and reimbursement of
expenses
b. Cash and cash equivalents
31122007 31122008
31122009 31032009
3103 2010
PT Bank CIMB Niaga Tbk formerly PT Bank Niaga Tbk and
Lippo Bank 91,554
110,077 94,452
174 641
As a percentage of total cash and cash equivalents
11.36 9.41
12.63 0.03
0.05
PT XL AXIATA Tbk AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS 31 DECEMBER 2007, 2008 AND 2009; AND 31 MARCH 2009 AND 2010
Expressed in millions of Rupiah, unless otherwise stated
Page 51
26. RELATED PARTY INFORMATION continued
c. Trade receivables
31122007 31122008
31122009 31032009
3103 2010
Telekom Malaysia Berhad 11,129
56,164 44,552
65,136 43,030
Celcom Malaysia Berhad 27,311
4,471 12,636
6,733 14,424
PT Bank CIMB Niaga Tbk formerly PT Bank Niaga Tbk and
Lippo Bank 10,972
3,079 2,462
5,555 12,831
M1 Limited formerly MobileOne Ltd. 1,555
1,633 136
3,785 124
Telekom Malaysia S Pte., Ltd. -
2,173 -
105 -
Others individual amount less than Rp 1,000
437 772
634 1,687
331 51,404
68,292 60,420
83,001 70,740
As a percentage of total trade receivables - net
16.67 17.74
18.18 19.27
11.60
d. Other receivables
31122007 31122008
31122009 31032009
3103 2010
PT VADS Indonesia -
- 8,239
- 4,537
Axiata Group Berhad formerly TM
International Berhad -
21,368 206
2 214
Others individual amount less than Rp 1,000
- -
13 -
13 -
21,368 8,458
2 4,764
As a percentage of total other receivable
0.00 61.37
89.02 0.08
27. 86
e. Trade and other payables
31122007 31122008
31122009 31032009
3103 2010
PT VADS Indonesia -
4,895 19,905
11,644 20,774
Celcom Malaysia Berhad -
4,641 3,046
9,103 2,662
Telekom Malaysia Berhad 3,118
18,224 2,652
16,951 1,632
Etihad Etisalat 200
- 1,123
- 1,341
Others individual amount less than Rp 1,000
310 493
106 723
514 3,628
28,253 26,832
38,421 26,923
As a percentage of total trade and other payables
0.12 0.82
1.26 1.30
1.25
f. Revenue
2007 2008
2009 2009
2010 1 year
1 year 1 year
3 months 3 months
Telekom Malaysia Berhad 25,232
127,759 135,425
34,311 25,054
Celcom Malaysia Berhad 98,630
14,818 41,319
7,572 16,367
PT Bank CIMB Niaga Tbk formerly PT Bank Niaga Tbk and
Lippo Bank 14,075
31,298 2,910
8,234 2,920
M1 Limited formerly MobileOne Ltd. 17,038
21,520 12,440
5,325 1,823
