PT TRIKOMSEL OKE Tbk. AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Years Ended December 31, 2009 and 2008 Expressed in Rupiah Unless Otherwise Stated
15
5. CASH AND CASH EQUIVALENTS continued 2009
2008
Cash in banks - third parties continued US Dollar continued
PT Bank Danamon Indonesia Tbk. US19,797 in 2009 and
US28,689 in 2008 186,094,902
314,141,266 Merrill Lynch Pte. Ltd., Singapore
US7,912 in 2009 and US4,991 in 2008
74,371,014 54,651,778
45,421,767,730 75,996,254,124
Time deposit - third party US Dollar
PT ANZ Panin Bank US4,999,970
- 54,749,671,500
- 54,749,671,500
Total cash and cash equivalents 84,920,933,611
212,095,722,588
Time deposit placed in PT ANZ Panin Bank bears annual interest at 3.50 in 2008.
6. TRADE RECEIVABLES - THIRD PARTIES
This account represents trade receivables from third parties as follows:
2009 2008
Rupiah: Retailers
- Jakarta 126,293,140,741
36,624,266,969 - Other cities in Java
69,101,835,293 48,138,950,111
- Outside Java 34,071,456,654
24,848,088,583 PT Carrefour Indonesia
15,844,350,462 8,353,987,546
PT Telesindo Shop 5,909,215,954
- PT Aka Lestarindo
4,277,663,500 26,655,000
PT Access 2,781,840,000
2,953,150,000 PT Sony Ericsson Indonesia
1,708,154,716 384,044,311
PT Hero Supermarket Tbk. 1,655,236,685
816,332,471 PT Parastar Echorindo
1,626,321,000 1,427,827,500
PT Cipta Multi Usaha Perkasa 743,865,227
2,167,215,002 PT Bank OCBC NISP Tbk.
140,505,000 4,020,215,000
PT Nokia Indonesia 83,749,538
2,759,195,727 Citibank N.A., Jakarta
- 2,751,999,363
PT Bank InternasionaI Indonesia Tbk. -
1,898,035,836 PT Bank Permata Tbk.
- 1,310,626,508
Others below Rp1 billion each 37,918,162,061
3,812,956,285 302,155,496,831
142,293,546,212 US Dollar:
Glory Access Trading Ltd., Hong Kong US918,481 in 2009 and
SGD97,068 in 2008 8,633,716,700
1,062,894,162 Prime Net S Pte. Ltd., Singapore
US270,319 2,541,002,830
-
PT TRIKOMSEL OKE Tbk. AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Years Ended December 31, 2009 and 2008 Expressed in Rupiah Unless Otherwise Stated
16
6. TRADE RECEIVABLES - THIRD PARTIES continued
This account consists of trade receivables from third parties as follows: continued
2009 2008
US Dollar: continued Nokia Pte. Ltd., Singapore
US179,526 in 2009 and US183,670 in 2008
1,687,544,400 2,011,186,500
Fast Track Pte. Ltd., Singapore US177,601
1,669,452,126 -
GSM City, Inc., United States US160,050
1,504,470,000 -
Pegasus Telecom Ltd., Hong Kong US120,600
1,133,640,000 -
Raduga Pte. Ltd., Singapore US104,491
982,213,990 -
Remo Comm Pte. Ltd., Singapore US93,812
881,835,150 -
Royal Tele Trading Pte. Ltd., Singapore US40,179
377,677,900 -
Sony Ericsson Mobile Communications AB, Sweden US29,453 in 2009 and
US33,333 in 2008 276,858,200
364,997,445 Asia Pacific Mandiri Pte. Ltd., Singapore
US1,434 13,477,720
- 19,701,889,016
3,439,078,107 Total trade receivables
321,857,385,847 145,732,624,319
Allowance for doubtful accounts 3,046,700,000
-
Trade receivables - net 318,810,685,847
145,732,624,319
All the outstanding trade receivables except for trade receivables of the Subsidiary of Rp17,737,486,416 and Rp1,062,894,162 as of December 31, 2009 and 2008, respectively are
pledged as collateral to bank loans obtained by the Company Note 11.
The aging analysis of the above trade receivables as of December 31, 2009 and 2008 is as follows:
Percentage to Total Consolidated Trade Receivables
2009 2008
2009 2008
Current 212,436,702,609
117,167,383,484 66.00
80.40 Overdue:
1-30 days 82,609,253,563
22,524,642,200 25.67
15.46 31-60 days
25,541,019,675 6,040,598,635
7.93 4.14
61-90 days 1,270,410,000
- 0.40
-
Total 321,857,385,847
145,732,624,319 100.00
100.00
The movement of allowance for doubtful accounts is as follows:
2009
Beginning balance -
Provision during the year 3,046,700,000
Ending balance 3,046,700,000
