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 43
25. TAXATION
a. Prepaid taxes
31122007 31122008
31122009 31032009
3103 2010
Value Added Tax - net 135,056
393,469 -
424,680 -
Income tax article 42 -
60,856 41,322
62,433 40,184
Refundable tax: - 2009
- -
69,334 26,136
59,069 - 2008
- 210,373
213,198 213,198
213,198 - 2007
85,438 85,494
38,507 85,494
38,507 - 2006
60,461 2,005
2,005 2,005
784 - 2005
1,267 1,267
1,267 1,267
1,267 - 2004
1,073 1,073
1,073 1,073
1,073 - Others
596 323
470 341
455 283,891
754,860 367,176
816,627 354,537
b. Taxes payable
31122007 31122008
31122009 31032009
3103 2010
Value Added Tax – net -
- 84,671
- 52,900
Corporate income tax payable: - The Company
- -
- -
103,789 - The Subsidiaries
4,423 5,142
4,730 5,815
4,586 Income tax article 21
3,571 4,660
5,299 3,822
18,121 Income tax article 23
88,041 91,085
17,930 2,825
9,332 Income tax article 25
- -
7,674 -
15,827 96,035
100,887 120,304
12,462 204,555
c. Corporate income tax expensesbenefit
2007 2008
2009 2009
2010 1 year
1 year 1 year
3 months 3 months
Current - Non Final
675 -
10,750 410
173,697 - Final
11,595 6,011
12,777 3,885
2,518 Deferred
266,576 60,100
630,048 69,468
45,099 278,846
54,089 653,575
65,173 221,314
Consisting of: - The Company:
- Current - Non Final
- -
10,211 -
173,697 - Final
11,595 6,011
12,777 3,885
2,518 - Deferred
266,576 60,100
630,048 69,468
45,099 278,171
54,089 653,036
65,583 221,314
- The Subsidiaries: - Current
675 -
539 410
- 278,846
54,089 653,575
65,173 221,314
The reconciliation between the Company’s income tax expensesbenefit and the theoretical tax amount on the Company’s incomeloss before income tax for the years ended 31 December
2007, 2008 and 2009; and 3 three months periods ended 31 March 2009 and 2010 is as follows:
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 44
25. TAXATION continued
c. Corporate income tax expensesbenefit continued
2007 2008
2009 2009
2010 1 year
1 year 1 year
3 months 3 months
Consolidated incomeloss before income tax
529,627 69,198
2,363,043 282,394
819,745 Less: net incomeloss before tax
- The Subsidiaries 3,175
7,897 5,926
3,980 4,234
Incomeloss before income tax - The Company
526,452 61,301
2,368,969 286,374
823,979 Expensesbenefit tax calculated at
effective rates 157,936
18,391 663,311
80,185 205,995
Income subject to final tax - net 17,392
9,016 17,887
5,439 3,148
Non-deductible expenses 123,500
76,318 58,557
10,577 15,949
Prior years’ tax adjustments 2,532
1,716 10,610
2,462 -
Changes in tax rate -
110,727 74,333
8,041 -
Final tax expense 11,595
6,011 12,777
3,885 2,518
Income tax expensesbenefit: - The Company
278,171 54,089
653,036 65,583
221,314 - The Subsidiaries
675 -
539 410
- 278,846
54,089 653,575
65,173 221,314
The reconciliation between the Company’s incomeloss before income tax as shown in the consolidated financial statements and the estimated taxable incomeloss for the years ended
31 December 2007, 2008 and 2009; and 3 three months periods ended 31 March 2009 and 2010 is as follows:
2007 2008
2009 2009
2010 1 year
1 year 1 year
3 months 3 months
Incomeloss before income tax 526,452
61,301 2,368,969
286,374 823,979
Temporary differences: - Difference between commercial
and fiscal depreciation and amortisation
1,000,276 646,440
1,885,604 757,342
148,714 - Difference between commercial
and fiscal gainloss on disposal and
write off of assets 3,757
11,656 219,307
32,658 2,516
- Allowance for bad debt expense 34,190
15,847 19,552
12,396 2,927
- Provision for salaries and employee benefits
87,983 52,233
72,223 56,684
32,092 874,346
598,398 2,052,240
834,288 180,395
Permanent differences: -
Non-deductible expenses 411,666
254,392 209,134
37,776 63,795
- Income subject to final tax
57,973 30,054
63,884 19,424
12,591 353,694
224,338 145,250
18,352 51,204
Tax incomeloss 5,799
435,361 461,979
1,102,310 694,788