PENSION AND OTHER POST-RETIREMENT BENEFITS continued a. Pension continued

PERUSAHAAN PERSEROAN PERSERO P.T. TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS UNAUDITED continued JUNE 30, 2009 AND 2010, AND SIX MONTHS PERIOD ENDED JUNE 30, 2009 AND 2010 Figures in tables are presented in millions of Rupiah, unless otherwise stated 88

42. PENSION AND OTHER POST-RETIREMENT BENEFITS continued a. Pension continued

1. The Company continued The components of net periodic pension costs are as follows: 2009 2010 Service costs 112,370 155,708 Interest costs 557,787 578,712 Expected return on plan assets 515,415 643,359 Amortization of prior service costs 110,660 110,660 Recognized actuarial gain 28,361 62,204 Net periodic pension costs 237,041 139,517 Amount charged to subsidiaries under contractual agreements 367 861 Total net periodic pension costs less amounts charged to subsidiaries Note 35 236,674 138,656 2. Telkomsel Telkomsel provides a defined benefit pension plan to its employees. Under this plan, employees are entitled to pension benefits based on their latest basic salary or take-home pay and the number of years of their service. PT Asuransi Jiwasraya “Jiwasraya”, a state-owned life insurance company, manages the plan under an annuity insurance contract. Until 2004, the employees contributed 5 of their monthly salaries to the plan and Telkomsel contributed any remaining amount required to fund the plan. Starting 2005, the entire contributions are fully made by Telkomsel. The following table reconciles the unfunded status of the plans with the amounts included in the consolidated balance sheets as of June 30, 2009 and 2010: 2009 2010 Projected benefits obligation 318,340 442,111 Fair value of plan assets 162,373 154,091 Unfunded status 155,967 288,020 Unrecognized items in the consolidated balance sheet: Unrecognized prior service costs 751 688 Unrecognized net actuarial losses 68,664 136,850 Unrecognized net obligation at the date of initial application of PSAK 24 1,562 1,384 Accrued pension benefits costs 86,492 150,474 PERUSAHAAN PERSEROAN PERSERO P.T. TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS UNAUDITED continued JUNE 30, 2009 AND 2010, AND SIX MONTHS PERIOD ENDED JUNE 30, 2009 AND 2010 Figures in tables are presented in millions of Rupiah, unless otherwise stated 89

42. PENSION AND OTHER POST-RETIREMENT BENEFITS continued a. Pension continued