PERUSAHAAN PERSEROAN PERSERO PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS AS OF DECEMBER 31, 2012 AND FOR THE YEAR THEN ENDED
WITH COMPARATIVE FIGURES AS OF DECEMBER 31, 2011 AND FOR THE YEAR THEN ENDED AND AS OF JANUARY 1, 2011
Figures in tables are presented in billions of Rupiah, unless otherwise stated
97
37. RELATED PARTY TRANSACTIONS continued c. Significant agreements with related parties continued
iii. Others The Company has entered into agreements with associated companies, namely CSM,
Patrakom, PSN and Gratika for the utilization of the Companys satellite transponders or frequency channels and leased lines.
Telkomsel has an agreement with PSN for the lease of PSN’s transmission link. Based on the agreement, which was made on March 14, 2001, the minimum lease period is 2 years since
the operation of the transmission link and is extendable subject to agreement by both parties. The agreement was extended until March 29, 2013.
Koperasi Pegawai Telkomsel “Kisel” is a cooperative that was established by Telkomsel’s employees to engage in car rental services, printing and distribution of customer bills,
collection and other services principally for the benefit of Telkomsel. Telkomsel also has dealership agreements with Kisel for distribution of SIM cards and pulse reload vouchers.
d. Key management personnel remuneration
Key management personnel of the Company are the Boards of Commissioners and Directors as detailed in Note 1b.
The Company and subsidiaries provide honorarium and facilities to support the operational of their Board of Commissioners. The Company and subsidiaries provide short-term employment
benefits in the form of salaries and facilities to support the operational duties of their Board of Directors. The total of such benefits is as follows:
2012 2011
of of
Amount total expenses
Amount total expenses
Board of Directors 252
0.49 181
0.36 Board of Commissioners
61 0.12
57 0.11
38. SEGMENT INFORMATION
In 2012, Management decided to change the way to manage the Companys business portfolios from managed by product-based approach to customer centric approach, as part of the Company’s
strategy to provide one-stop solution to customers. This was followed by a change in the organizational structure to accommodate decision-making and assessing performance based on the
customer centric approach. The change in the way of managing the Company’s business portfolios and the change in the Companys organizational structure led management, as the Companys Chief
Operation Decision Maker, to change the presentation of the Company and subsidiaries’ segment information previously presented in the consolidated financial statements for the year ended
December 31, 2011. Accordingly, the segment information in the consolidated financial statements for the year ended December 31, 2011 has been restated to conform with the presentation of segment
information in the consolidated financial statements for the year ended December 31, 2012.
PERUSAHAAN PERSEROAN PERSERO PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS AS OF DECEMBER 31, 2012 AND FOR THE YEAR THEN ENDED
WITH COMPARATIVE FIGURES AS OF DECEMBER 31, 2011 AND FOR THE YEAR THEN ENDED AND AS OF JANUARY 1, 2011
Figures in tables are presented in billions of Rupiah, unless otherwise stated
98
38. SEGMENT INFORMATION continued
The Company and subsidiaries have four main operating segments, namely personal, home, corporate and others. The personal segment provides mobile cellular and fixed wireless
telecommunications services to individual customers. The home segment provides fixed wireline telecommunications services, pay TV, data and internet services to home customers. The corporate
segment provides telecommunications services, including interconnection, leased lines, satellite, VSAT, contact center, broadband access, information technology services, data and internet services
to companies and institutions. Operating segments that are not monitored separately by Chief Operation Decision Maker are presented as Others that provides building management services.
Management monitors the operating results of its business units separately for the purpose of making decisions about resource allocation and performance assessment. Segment performance is
evaluated based on operating profit or loss and is measured consistently with operating profit or loss in the consolidated financial statements.
However, the financing activities and income taxes are not separately monitored and are not allocated to operating segments.
Segment revenues and expenses include transactions between operating segments and are accounted for at prices that Management believes represent market prices.
2012 Total before
Total Corporate
Home Personal
Others elimination Elimination Consolidated Segment results
Revenues External revenues
15,579 7,360
54,087 117
77,143 -
77,143 Inter-segment revenues
6,468 2,223
2,188 648
11,527 11,527
- Total segment revenues
22,047 9,583
56,275 765
88,670 11,527
77,143 Expenses
External expenses 13,961
5,646 31,169
669 51,445
- 51,445
Inter-segment expenses 4,015
2,293 5,203
16 11,527
11,527 -
Total segment expenses 17,976
7,939 36,372
685 62,972
11,527 51,445
Segment results 4,071
1,644 19,903
80 25,698
- 25,698
Other information
Segment assets 30,458
17,780 67,216
611 116,065
4,971 111,094
Long-term investments 254
- 21
- 275
- 275
Total consolidated assets 111,369
Total consolidated liabilities 17,143
11,478 20,414
327 49,362
4,971 44,391
Capital expenditures 4,375
2,083 10,664
150 17,272
- 17,272
Depreciation and amortization expenses 2,079
1,168 10,940
22 14,209
- 14,209
Impairment of assets -
- 247
- 247
- 247
Provision for impairment of receivables and inventory obsolescence
92 505
318 -
915 -
915
