PERUSAHAAN PERSEROAN PERSERO P.T. TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS UNAUDITED continued JUNE 30, 2008 AND 2009,
AND SIX MONTHS PERIOD ENDED JUNE 30, 2008 AND 2009 Figures in tables are presented in millions of Rupiah, unless otherwise stated
34
5. CASH AND CASH EQUIVALENTS continued 2008
2009
Time deposits continued Third parties continued
Rupiah continued PT Bank Syariah Mega Indonesia
“Bank Syariah Mega” 1,000
1,000 PT Bank Internasional Indonesia Tbk
216,500 -
PT Bank Victoria International Tbk 72,000
- PT Bank Tabungan Pensiunan Nasional Tbk
37,053 -
PT Bank Bumiputera Indonesia Tbk 30,000
- PT Bank Artha Graha Internasional Tbk
25,000 -
PT Bank NISP Tbk 5,000
- PT Bank Yudha Bhakti
2,000 -
PT Bank Nusantara Parahyangan Tbk 1,000
- 2,251,623
1,363,402 Foreign currencies
BCA -
658,224 Bank Muamalat
156,655 30,600
DB 901,410
- HSBC
296,584 -
Standard Chartered Bank “SCB” 151,821
- Bank Jabar
18,430 -
Bank Bukopin 4,610
- Bank Mega
1,844 -
Bank Ekonomi 1,614
- 1,532,968
688,824 Sub-total
3,784,591 2,052,226
Total time deposits 10,391,872
6,490,001
Grand Total 10,942,829
8,276,168
Interest rates per annum on time deposits are as follows:
2008 2009
Rupiah 2.25 - 12.50 5.25 - 13.50
Foreign currencies 1.00 - 4.80 0.25 - 4.75
The related parties which the Company and its subsidiaries place their funds are Government-owned banks. The Company and its subsidiaries placed a majority of their cash and cash equivalents in
these banks because they have the most extensive branch network in Indonesia and are considered to be financially sound banks as they are owned by the Government.
Refer to Note 44 for details of related party transactions.
PERUSAHAAN PERSEROAN PERSERO P.T. TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS UNAUDITED continued JUNE 30, 2008 AND 2009,
AND SIX MONTHS PERIOD ENDED JUNE 30, 2008 AND 2009 Figures in tables are presented in millions of Rupiah, unless otherwise stated
35
6. TRADE RECEIVABLES
Trade receivables arose from services provided to both retail and non-retail customers, with details as follows:
a. By debtor i Related parties
2008 2009
Government Agencies 540,457
702,035 CSM
73,966 64,776
Indosat 44,149
28,749 PT Patra Telekomunikasi Indonesia “Patrakom”
13,586 18,703
PT Aplikanusa Lintasarta “Lintasarta” 3,843
12,208 PSN
166 9,194
PT Graha Informatika Nusantara “Gratika” 4,564
3,350 Koperasi Pegawai Telkom “Kopegtel”
- 3,031
Others 4,301
43,268 Total
685,032 885,314
Allowance for doubtful accounts 148,797
105,465
Net 536,235
779,849
Trade receivables from certain related parties are presented net of the Company and its subsidiaries’ liabilities to such parties due to legal right of offset in accordance with
agreements with those parties. ii Third parties
2008 2009
Residential and business subscribers 3,740,350
3,941,781 Overseas international carriers
89,495 378,623
Total 3,829,845
4,320,404 Allowance for doubtful accounts
1,061,773 1,361,231
Net 2,768,072
2,959,173
b. By age i Related parties
2008 2009
Up to 6 months 528,961
754,254 7 to 12 months
133,459 55,528
13 to 24 months 12,978
8,326 More than 24 months
9,634 67,206
Total 685,032
885,314 Allowance for doubtful accounts
148,797 105,465
Net 536,235
779,849
PERUSAHAAN PERSEROAN PERSERO P.T. TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS UNAUDITED continued JUNE 30, 2008 AND 2009,
AND SIX MONTHS PERIOD ENDED JUNE 30, 2008 AND 2009 Figures in tables are presented in millions of Rupiah, unless otherwise stated
36
6. TRADE RECEIVABLES continued
