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
66
18. CAPITAL STOCK continued
December 31, 2015 Number of
Percentage Total
Description shares
of ownership paid-up capital
Series A Dwiwarna share Government
1 Series B shares
Government 51,602,353,559
52.55 2,580
The Bank of New York Mellon Corporation 8,161,361,980
8.31 408
Commissioners Note 1b: Hendri Saparini
18,982 Dolfie Othniel Fredric Palit
17,084 Hadiyanto
519,640 Parikesit Suprapto
502,555 Directors Note 1b:
Alex J Sinaga 42,723
Heri Sunaryadi 37,965
Indra Utoyo 1,182,295
Muhammad Awaluddin 1,154,755
Honesti Basyir 1,155,295
Herdy Rosadi Haman 37,663
Abdus Somad Arief 37,965
Dian Rachmawan 98,505
Public individually less than 5 38,429,695,633
39.14 1,922
Total 98,198,216,600
100.00 4,910
Treasury stock Note 24 2,601,779,800
- 130
Total 100,799,996,400
100.00 5,040
The Bank of New York Mellon Corporation serves as the Depositary of the registered ADS holders for the Company’s ADSs.
The Company issued only 1 Series A Dwiwarna share which is held by the Government and cannot be transferred to any party, and has a veto in the General Meeting of Stockholders of the Company with
respect to election and removal from the Boards of Commissioners and Directors, issuance of new shares, and amendments of the Company’s Articles of Association.
19. ADDITIONAL PAID-IN CAPITAL June 30,
December 31, 2016
2015
Proceeds from sale of 933,333,000 shares in excess of par value through IPO in 1995
1,446 1,446
Excess of value over cost of selling 215,000,000 shares under the treasury stock plan phase II Note 20
576 576
Excess of value over cost of selling 211,290,500 shares under the treasury stock plan phase I Note 20
544 544
Difference in value arising from restructuring transactions and other transactions between entities under common control
Note 2d 478
478 Excess of value over cost of treasury stock transferred to
employee stock ownership program Note 20 228
228 Excess of value over cost of selling 22,363,000 shares under the
treasury stock plan phase III Note 20 36
36 Excess of value over cost of selling 864,000,000 shares under the
treasury stock plan phase IV Note 20 1,996
- Capitalization into 746,666,640 Series B shares in 1999
373 373
Net 4,931
2,935
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
67
19. ADDITIONAL PAID-IN CAPITAL continued
Difference in value arising from restructuring and other transactions of entities under common control amounting Rp478 billion arose from the early termination of the Company’s exclusive rights to provide
local and inter-local fixed line telecommunication services, for which the Company is required by the Government to use the funds received from this compensation for the development of
telecommunication infrastructure. As of June 30, 2016 and December 31, 2015, the accumulated development of the related infrastructure amounting to Rp537 billion, respectively.
20. TREASURY STOCK
Maximum Purchase Number
Phase Basis
Period of Shares
Amount
I EGM
December 21, 2005 - June 20, 2007 1,007,999,964
Rp5,250 II
AGM June 29, 2007 - December 28, 2008
215,000,000 Rp2,000
III AGM
June 20, 2008 - December 20, 2009 339,443,313
Rp3,000 -
BAPEPAM - LK October 13, 2008 - January 12, 2009
4,031,999,856 Rp3,000
IV AGM
May 19, 2011 - November 20, 2012 645,161,290
Rp5,000
Movements in treasury stock as a result of the repurchase of shares are as follows:
June 30, 2016 December 31, 2015
Number Number
of shares Rp
of shares Rp
Beginning balance 2,601,779,800
2.58 3,804 2,624,142,800
2.60 3,836
Proceeds from sale of treasury stock
864,000,000 0.86
1,262 22,363,000
0.02 32
Ending balance 1,737,779,800
1.72 2,542
2,601,779,800 2.58
3,804
Pursuant to the AGM of Stockholders of the Company held on June 11, 2010, the stockholders approved the change in the Company’s plan for treasury stock phase I, II, and III to become i for
reissuance inside or outside stock exchange, ii for retirement of the stock by deducting from equity, iii for equity stock conversion and iv for funding purposes.
Pursuant to the AGM of Stockholders of the Company held on May 19, 2011, the stockholders approved to execute the repurchase plan for treasury stock phase IV.
