TAXATION continued FS TLKM Q2 2013 English
31. TAXATION continued
f. Tax assessment continued ii Telkomsel continued In October and November 2010, Telkomsel received tax assessments STPs for the underpayments of income tax Article 25 for the fiscal year 2010 of Rp229 billion including penalty of Rp11 billion. The STPs were paid in November and December 2010. The principal payment of Rp218 billion was considered as a tax prepayment in calculating the 2010 corporate income tax which at the end resulted in an overpayment of Rp599.87 billion. Through its letters in November 2010, Telkomsel requested the Tax Authorities to cancel the STPs. Subsequently, in April 2011, Telkomsel received STPs from the Tax Authorities which revised the above-mentioned STPs issued in October and November 2010 with an additional penalty of Rp4.3 billion. On May 5, 2011, the Tax Authorities rejected Telkomsel s request for cancellation of those STPs. Subsequently, on May 31, 2011, Telkomsel filed an appeal to the Tax Court. The overpayment and penalty are recognized as claims for tax refund. Based on its verdict in March 2012, the Tax Court approved the cancellation of the STPs. In May and June 2012, Telkomsel received the refund of the penalty of Rp15.7 billion. On July 17, 2012, the Tax Authorities filed a judicial review request to the SC. Subsequently, on September 14, 2012, Telkomsel filed a contra appeal to the SC. As of the issuance date of the consolidated financial statements, the appeal is still in process. In August 2011, Telkomsel was assessed for underpayments of withholding taxes and VAT for the fiscal year 2008 totaling Rp235 billion. In September 2011, Telkomsel paid the assessments and in November 2011, Telkomsel filed an objection to the Tax Authorities for the VAT assessment amounting to Rp232 billion including penalty of Rp81.9 billion and recorded it as a claim for tax refund. The remaining portion of Rp3 billion was charged to the 2011 consolidated statement of comprehensive income. In August 2012, the Tax Court approved Telkomsel s appeal on the VAT and the refund of all the claims. On March 12, 2012, Telkomsel received Assessment Letters as a result of the tax audit for fiscal year 2010 by the Tax Authorities. Based on the letters, Telkomsel overpaid corporate income tax by Rp597.4 billion and underpaid VAT amounting to Rp302.7 billion including a penalty of Rp73.3 billion. Telkomsel accepted the overpayment of corporate income tax and Rp12.1 billion underpayment of VAT including a penalty of Rp6.3 billion. The portion accepted by Telkomsel was charged to the 2012 consolidated statement of comprehensive income. Telkomsel filed an objection to the Tax Authorities for underpayment of VAT of Rp290.6 billion including a penalty of Rp67 billion and recorded it as a claim for tax refund. As of the issuance date of the consolidated financial statements, the Tax Authorities have not yet issued their decision on the objection. On April 5, 2012, Telkomsel received the refund of the overpayment of corporate income tax for fiscal year 2010 amounting to Rp294.7 billion, net of the underpayment of VAT. PERUSAHAAN PERSEROAN PERSERO PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS AS OF JUNE 30, 2013 UNAUDITED AND FOR SIX MONTHS PERIOD ENDED WITH COMPARATIVE FIGURES AS OF DECEMBER 31, 2012 AUDITED AND FOR SIX MONTHS PERIOD ENDED JUNE 30, 2012 UNAUDITED Figures in tables are presented in billions of Rupiah, unless otherwise stated 7731. TAXATION continued
Parts
» Establishment and general information
» Establishment and general information continued
» GENERAL continued FS TLKM Q2 2013 English
» Public offering of securities of the Company
» Public offering of securities of the Company continued Subsidiaries
» GENERAL continued d. Subsidiaries continued
» Subsidiaries continued GENERAL continued
» Basis of preparation of financial statements
» Basis of preparation of financial statements continued
» Principles of consolidation SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued
» Transactions with related parties
» Transactions with related parties continued
» Business combinations SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued
» Investments in associated companies
» Inventories SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued
» Prepaid expenses SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued
» Intangible assets SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued
» Intangible assets continued SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued
» Property and equipment - direct acquisitions
» Property and equipment - direct acquisitions continued
» Leases SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued
» Leases continued SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued
» Deferred charges - land rights
» Trade payables SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued
» Borrowings SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued
» Foreign currency translation Revenue and expense recognition
» Revenue and expense recognition continued
» Employee benefits SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued
» Employee benefits continued SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued
» Income tax SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued
» Financial instruments SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued
» Financial instruments continued SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued
» Segment information Provisions SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued
» Retirement benefits SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued
» Impairment of non-financial assets
» CASH AND CASH EQUIVALENTS continued
» OTHER CURRENT FINANCIAL ASSETS TRADE RECEIVABLES
» TRADE RECEIVABLES continued FS TLKM Q2 2013 English
» INVENTORIES FS TLKM Q2 2013 English
» LONG-TERM INVESTMENTS FS TLKM Q2 2013 English
» LONG-TERM INVESTMENTS continued PROPERTY AND EQUIPMENT
» PROPERTY AND EQUIPMENT continued
» ADVANCES AND OTHER NON-CURRENT ASSETS continued INTANGIBLE ASSETS
» INTANGIBLE ASSETS continued FS TLKM Q2 2013 English
» INTANGIBLE ASSETS continued TRADE PAYABLES June 30,
» ACCRUED EXPENSES June 30, FS TLKM Q2 2013 English
» UNEARNED INCOME June 30, FS TLKM Q2 2013 English
» SHORT-TERM BANK LOANS continued
» CURRENT MATURITIES OF LONG-TERM LIABILITIES
» CURRENT MATURITIES OF LONG-TERM LIABILITIES continued
» TWO-STEP LOANS continued FS TLKM Q2 2013 English
» BONDS AND NOTES FS TLKM Q2 2013 English
» BONDS AND NOTES continued BANK LOANS
» BANK LOANS continued FS TLKM Q2 2013 English
» NON-CONTROLLING INTEREST Juni 30, CAPITAL STOCK
» CAPITAL STOCK continued ADDITIONAL PAID-IN CAPITAL Juni 30,
» REVENUES FS TLKM Q2 2013 English
» OPERATIONS, MAINTENANCE AND TELECOMMUNICATION SERVICES EXPENSES 2013
» TAXATION TAXATION continued FS TLKM Q2 2013 English
» TAXATION continued FS TLKM Q2 2013 English
» TAXATION continued TAXATION continued
» BASIC AND DILUTED EARNINGS PER SHARE
» CASH DIVIDENDS AND GENERAL RESERVE RETIREMENT BENEFITS OBLIGATION
» RETIREMENT BENEFITS OBLIGATION continued a.
» RETIREMENT BENEFITS OBLIGATION continued a. Prepaid pension benefit costs continued
» Pension benefit costs provisions
» RETIREMENT BENEFITS OBLIGATION continued b. Pension benefit costs provisions continued
» POST-RETIREMENT HEALTH CARE BENEFITS
» POST-RETIREMENT HEALTH CARE BENEFITS continued
» Nature of relationships and accountstransactions with related parties
» 2,046 RELATED PARTY TRANSACTIONS continued a.
» 2,107 RELATED PARTY TRANSACTIONS continued b. Transactions with related parties continued
» 283 RELATED PARTY TRANSACTIONS continued b. Transactions with related parties continued
» 145 RELATED PARTY TRANSACTIONS continued b. Transactions with related parties continued
» Cash and cash equivalents Note 3
» Other current financial assets Note 4
» Trade receivables - net Note 5
» Advances and prepaid expenses Note 7
» 14 June 30, 2013 Advances and other non-current
» 5 Short-term bank loans Note 16
» j. Short-term bank loans Note 16
» Long-term bank loans Note 20
» 8,396 RELATED PARTY TRANSACTIONS continued b. Transactions with related parties continued
» Significant agreements with related parties
» Key management personnel remuneration
» POST-RETIREMENT HEALTH CARE BENEFITS continued SEGMENT INFORMATION
» SEGMENT INFORMATION continued FS TLKM Q2 2013 English
» REVENUE-SHARING ARRANGEMENTS RSA FS TLKM Q2 2013 English
» Fixed line telephone tariffs
» Mobile cellular telephone tariffs
» Interconnection tariffs TELECOMMUNICATIONS SERVICES TARIFFS
» SIGNIFICANT COMMITMENTS AND AGREEMENTS a.
» SIGNIFICANT COMMITMENTS AND AGREEMENTS continued a.
» Borrowings and other credit facilities
» SIGNIFICANT COMMITMENTS AND AGREEMENTS continued c.
» SIGNIFICANT COMMITMENTS AND AGREEMENTS continued
» CONTINGENCIES FS TLKM Q2 2013 English
» CONTINGENCIES continued FS TLKM Q2 2013 English
» ASSETS AND LIABILITIES DENOMINATED IN FOREIGN CURRENCIES
» ASSETS AND LIABILITIES DENOMINATED IN FOREIGN CURRENCIES continued FINANCIAL RISK MANAGEMENT
» 0.10 FINANCIAL RISK MANAGEMENT continued
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