PERUSAHAAN PERSEROAN PERSERO PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS For the three month periods Ended March 31, 2017 and 2016 unaudited
Figures in tables are expressed in billions of Rupiah, unless otherwise stated
48
12. TRADE PAYABLES March 31, 2017
December 31, 2016 Related parties
Purchases of equipment, materials and services 1,158
1,223 Payables to other telecommunication providers
333 324
Sub-total 1,491
1,547 Third parties
Purchases of equipment, materials and services 7,977
9,434 Radio frequency usage charges, concession fees and
Universal Service Obligation “USO” charges 1,510
1,256 Payables to other telecommunication providers
1,420 1,281
Sub-total 10,907
11,971
Total 12,398
13,518
Trade payables by currency are as follows:
March 31, 2017 December 31, 2016
Rupiah 11,006
11,270 U.S. dollar
1,340 2,196
Others 52
52
Total 12.398
13,518
Refer to Note 31 for details of related party transactions.
13. ACCRUED EXPENSES March 31, 2017
December 31, 2016
Operation, maintenance and telecommunication services 7,602
6,165 Salaries and benefits
2,998 2,993
General, administrative and marketing expenses 1,774
1,914 Interest and bank charges
193 211
Total 12.567
11,283
Refer to Note 31 for details of related party transactions. 14. UNEARNED INCOME
a. Current portion of unearned income
March 31, 2017 December 31, 2016
Prepaid pulse reload vouchers 4,300
4,959 Telecommunication tower leases
183 199
Other telecommunications services 326
189 Others
268 216
Total 5.077
5,563
b. Non-current portion of unearned income
March 31, 2017 December 31, 2016
Other telecommunications services 208
256 Indefeasible Right of Use
276 169
Total 484
425
PERUSAHAAN PERSEROAN PERSERO PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS For the three month periods Ended March 31, 2017 and 2016 unaudited
Figures in tables are expressed in billions of Rupiah, unless otherwise stated
49
15. SHORT-TERM BANK LOANS AND CURRENT MATURITIES OF LONG-TERM BORROWINGS
a. Short-term bank loans
March 31, 2017 December 31, 2016
Outstanding Outstanding
Lenders Currency
Original currency in millions
Rupiah equivalent
Original currency in millions
Rupiah equivalent
Related party BNI
Rp -
133 -
143 Sub-total
133 143
Third parties UOB
Rp -
500 -
269 Bank CIMB Niaga
Rp -
145 -
143 PT Bank DBS Indonesia
Rp -
22 -
95 SCB
Rp -
- -
90 PT Bank Danamon Indonesia, Tbk
“Danamon” Rp
- 60
- 60
Others Rp
- 54
- 111
Sub-total 781
768
Total 914
911
Other significant information relating to short-term bank loans as of March 31, 2017 is as follows:
Borrower Currency
Total facility in billions
Maturity date Interest
payment period
Interest rate per annum
Security UOB
November 22, 2013 Infomedia
Rp 200 November 22, 2017
Monthly 11.5-12 Trade receivables
Note 5 December 20, 2016
Finnet Rp
300 December 21, 2018 Monthly
1 month JIBOR+ 2.25
None
Bank CIMB Niaga
April 28, 2013
a
GSD Rp
85 January 1, 2018
c
Monthly 10.9-11.5 Trade receivables
Note 5 and property and
equipment Note 9
BNI
October 31, 2016 Telkom
Infra Rp
44 October 31, 2017 Monthly
1 month JIBOR+ 3.35
Trade receivables Note 5
December 31, 2016 Telkom
Infra Rp
101 November 30, 2017 Monthly
1 month JIBOR+ 3.35
Trade receivables Note 5
PT. Bank DBS Indonesia
April 12, 2016 Sigma
b
USD 0.02
July 31, 2017 Semi-annually 3.25 USD
10.75 IDR Trade receivables
Note 5
Danamon
December 15, 2016 Infomedia
Rp 60 December 15, 2017
Monthly 11-12 Trade receivables
Note 5
The credit facilities were obtained by the Company’s subsidiaries for working capital purposes.
a
Based on the latest amendment dated November 11, 2014.
b
Facility in USD. Withdrawal can be executed in USD and IDR.
c
Unsettled loan will be automatically extended.
