TAXATION FS Telkom Q1 2011
38. TAXATION
continued f. Tax assessment continued ii Telkomsel continued As a result of assessment and Tax Court’s verdict, on January 28 and February 12, 2010, Telkomsel received the refund for overpayment of the 2008 Corporate Income Tax of Rp.439 billion and Rp.4.2 billion, respectively. On April 21, 2010, Tax Court notified Telkomsel that the Tax Authorities has filed an appeal to the SC on Tax Court’s verdict of cancellation of STP for underpayment of income tax article 25 for the period of December 2008. In May 2010, 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 2010, Telkomsel was assessed for underpayments of corporate income tax, withholding taxes and VAT, for 2006 fiscal year totaling Rp.212 billion including penalty of Rp.69 billion. On December 23, 2010, Telkomsel filed an objection to the Tax Authorities for underpayments of withholding taxes and VAT amounting to Rp.116 billion including penalty of Rp.38 billion and recorded it as claim for tax refund. The accepted portions of Rp.50 billion was previously recognized and charged to 2008 consolidated statement of comprehensive income while the remaining portion of Rp.46 billion were charged to 2010 consolidated statement of comprehensive income. As of the issuance date of the consolidated financial statements, the objection is still in process. In October and November, 2010, Telkomsel received STPs for underpayment of income tax article 25 for 2010 fiscal year of Rp.229 billion including penalty of Rp.11 billion. The STPs were paid in November and December 2010. The principal payment of Rp.218 billion was considered as prepayment in calculating the 2010 corporate income tax which at the end resulted in an overpayment of Rp.600 billion. The overpayment and penalty are recognized as prepaid tax as of March 31, 2011. Through its letters in November 2010, Telkomsel requested the Tax Authorities to cancel the STPs. As of the issuance date of the consolidated financial statements, the cancellation request is still in process. PERUSAHAAN PERSEROAN PERSERO P.T. TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS continued DECEMBER 31, 2010 AUDITED AND MARCH 31, 2011 UNAUDITED AND THREE MONTHS PERIOD ENDED MARCH 31, 2010 AND 2011 UNAUDITED Figures in tables are presented in millions of Rupiah, unless otherwise stated 8538. TAXATION
Parts
» GENERAL a. Establishment and general information
» GENERAL continued a. Establishment and general information continued
» Public offering of securities of the Company
» GENERAL continued d. Subsidiaries continued
» Authorization of the consolidated financial statements
» Basis of preparation of financial statements
» Transactions with related parties
» Acquisitions of subsidiaries SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
» SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued
» Inventories SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued
» Prepaid expenses SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued
» SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued j.
» Joint Operation Schemes “Kerja Sama Operasi” or “KSO”
» Revenue and expense recognition
» Revenue and expense recognition continued Employee benefits
» SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued q. Employee benefits continued
» Income tax Financial instruments
» SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued s. Financial instruments continued
» Dividends SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued s. Financial instruments continued
» Earnings per share and earnings per ADS
» TRANSLATION OF RUPIAH INTO UNITED STATES DOLLARS
» ACQUISITIONS OF AD MEDIKA CASH AND CASH EQUIVALENTS December 31, March 31,
» CASH AND CASH EQUIVALENTS continued December 31, March 31,
» CASH AND CASH EQUIVALENTS continued December 31, March 31, TRADE RECEIVABLES
» TRADE RECEIVABLES continued FS Telkom Q1 2011
» INVENTORIES December 31, March 31, FS Telkom Q1 2011
» ADVANCES AND PREPAID EXPENSES December 31, March 31,
» PSN LONG-TERM INVESTMENTS continued
» LONG-TERM INVESTMENTS continued viii. Bangtelindo
» PROPERTY, PLANT AND EQUIPMENT continued PROPERTY, PLANT AND EQUIPMENT continued
» PROPERTY, PLANT AND EQUIPMENT continued
» ADVANCES AND OTHER NON-CURRENT ASSETS continued
» GOODWILL AND OTHER INTANGIBLE ASSETS continued
» TRADE PAYABLES December 31, March 31, ACCRUED EXPENSES December 31, March 31,
» UNEARNED INCOME December 31, March 31,
» SHORT-TERM BANK LOANS continued
» MATURITIES OF LONG-TERM LIABILITIES
» MATURITIES OF LONG-TERM LIABILITIES continued
» TWO-STEP LOANS continued FS Telkom Q1 2011
» BANK LOANS BANK LOANS continued
» BANK LOANS continued FS Telkom Q1 2011
» DEFERRED CONSIDERATION FOR BUSINESS COMBINATIONS continued December 31, March 31,
» NON-CONTROLING INTEREST December 31, March 31,
» CAPITAL STOCK ADDITIONAL PAID-IN CAPITAL December 31, March 31,
» TREASURY STOCK TELEPHONE REVENUES 2010
» TELEPHONE REVENUES FS Telkom Q1 2011
» NETWORK REVENUES 2010 FS Telkom Q1 2011
» OPERATIONS, MAINTENANCE AND TELECOMMUNICATION SERVICES EXPENSES 2010
» INTERCONNECTION EXPENSES 2010 FS Telkom Q1 2011
» TAXATION TAXATION FS Telkom Q1 2011
» CASH DIVIDENDS AND GENERAL RESERVE
» Pension PENSION AND OTHER POST-RETIREMENT BENEFITS December 31, March 31,
» Pension continued PENSION AND OTHER POST-RETIREMENT BENEFITS
» Other post-retirement benefits PENSION AND OTHER POST-RETIREMENT BENEFITS
» POST-RETIREMENT HEALTH CARE BENEFITS
» Government POST-RETIREMENT HEALTH CARE BENEFITS
» Government continued RELATED PARTY TRANSACTIONS
» Commissioners and Directors remuneration Indosat
» Indosat continued RELATED PARTY TRANSACTIONS
» Indosat RELATED PARTY TRANSACTIONS
» Others RELATED PARTY TRANSACTIONS
» Others Cash and cash equivalents
» Temporary investments RELATED PARTY TRANSACTIONS
» Trade receivables - net Note 6
» 100,459 Advances and other non-current
» i. Advances and other non-current
» Trade payables RELATED PARTY TRANSACTIONS
» k. RELATED PARTY TRANSACTIONS
» o. RELATED PARTY TRANSACTIONS
» SEGMENT INFORMATION FS Telkom Q1 2011
» REVENUE-SHARING ARRANGEMENTS “RSA” FS Telkom Q1 2011
» Mobile cellular telephone tariffs Interconnection tariffs
» Interconnection tariffs TELECOMMUNICATIONS SERVICES TARIFFS
» Network lease tariff TELECOMMUNICATIONS SERVICES TARIFFS
» COMMITMENTS a. Capital expenditures
» Capital expenditures continued COMMITMENTS
» Borrowings and other credit facilities Others
» CONTINGENCIES FS Telkom Q1 2011
» ASSETS AND LIABILITIES DENOMINATED IN FOREIGN CURRENCIES
» FINANCIAL ASSETS AND LIABILITIES
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