Borrowings and other credit facilities Others
b. Borrowings and other credit facilities
i As of December 31, 2013, the Company has bank guarantee facilities for tender bond, performance bond, maintenance bond, deposit guarantee and advance payment bond for various projects of the Company, as follows: Facility utilized Lenders Total facility Maturity Currency Original currency in millions Rupiah equivalent BRI 350 March 14, 2014 Rp - 209 US 1 BNI 250 March 31, 2014 Rp - 100 US 2 Bank Mandiri 150 December 23, 2014 Rp - 45 Total 750 35 7 ii Telkomsel has a US3 million bond and bank guarantee and standby letter of credit facilities with SCB, Jakarta. The facilities expire on July 31, 2014. Under these facilities, as of December 31, 2013, Telkomsel has issued a bank guarantee of Rp20 billion equivalent to US1.7 million for a 3G performance bond Note 38c.i. The bank guarantee is valid until March 24, 2014. Telkomsel has a Rp200 billion bank guarantee facility with BRI. The facility will expire on September 25, 2014. Under the facility, as of December 31, 2013, Telkomsel has issued a bank guarantee of Rp20 billion equivalent to US1.6 million as a 3G performance bond Note 38c.i valid until May 31, 2014 and Rp111 billion equivalent to US9.1 million as payment commitment guarantee for annual right of usage fee valid until March 31, 2014. Telkomsel also has a Rp100 billion bank guarantee with BNI. The bank guarantee is valid until December 11, 2014. Telkomsel uses this facility to replace the time deposit required as guaranty for the USO Program amounting to Rp92.653 billion. iii TII has a US15 million bank guarantee from Bank Mandiri. The facility expires on December 19, 2014. Under this facility, as of December 31, 2013, TII has issued a bank guarantee of Rp9 billion equivalent to US0.76 million for mobile spectrum license performance bond in Timor Leste.c. Others
i 3G license With reference to the Decision Letters No. 07PERM.KOMINFO22006, No. 268KEPM.KOMINFO92009 and No. 191 Year 2013 of the MoCI, Telkomsel is required, among other things, to: 1. Pay an annual BHP fee which is calculated based on a certain formula over the license term 10 years as set forth in the Decision Letters. The BHP is payable upon receipt of the notification letter “Surat Pemberitahuan Pembayaran” from the DGPI. The BHP fee is payable annually up to the expiry date of the license. 2. Provide roaming access for the existing other 3G operators. 3. Contribute to USO development. 4. Construct a 3G network which covers at least 14 provinces by the sixth year of holding the 3G license. 5. Issue a performance bond each year amounting to Rp20 billion or 5 of the annual fee to be paid for the subsequent year, whichever is higher. F-113 PERUSAHAAN PERSEROAN PERSERO PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS As of January 1, 2012 Restated, December 31, 2012 Restated and December 31, 2013 and for the years ended December 31, 2011 Restated, 2012 Restated and 2013 Figures in tables are presented in billions of rupiah, unless otherwise stated 38. SIGNIFICANT COMMITMENTS AND AGREEMENTS continuedc. Others continued
Parts
» Form 20 F 2013 Annual Report Telkom
» Macro Economic Risks Risks Related to Indonesia
» Disaster Risks Risks Related to Indonesia
» Other Risks Risks Related to Indonesia
» Operational Risks Risks Related to Our Business
» Financial Risks Risks Related to Our Business
» Regulation Risks Risks Related to Our Business
» Risks Related to Our Fixed Telecommunication Business
» Competition Risks Related to Our Cellular Business Telkomsel
» Risks Related to Development of New Businesses
» Fixed Wireline Network Transmission Network
» Account Management Corporate Customers
» Telkom Solution Houses and SME Centers Contact Center
» Telecommunications Law Telecommunications Regulators
» DLD Services Form 20 F 2013 Annual Report Telkom
» Limited Mobility Wireless Services Cellular
» VoIP IPTV Satellite Form 20 F 2013 Annual Report Telkom
» Consumer Protection USO Form 20 F 2013 Annual Report Telkom
» Telecommunication Regulatory Charges Telecommunications Towers
» Fixed Line, Fixed Wireless and DLD
» Cellular Form 20 F 2013 Annual Report Telkom
» IDD VoIP Satellite Form 20 F 2013 Annual Report Telkom
» BTS Others Fixed Network and Basic Telephony Services
» International Calls Form 20 F 2013 Annual Report Telkom
» ISP Internet Interconnection Service BWA
» Fixed line telephone tariffs Mobile cellular telephone tariffs Interconnection tariffs
» OPERATING RESULTS Form 20 F 2013 Annual Report Telkom
» Internal Liquidity Sources External Liquidity Sources Outstanding Liquidity Sources
» RESEARCH AND DEVELOPMENT, PATENTS AND LICENSES, ET
» OFF-BALANCE SHEET ARRANGEMENTS TABULAR DISCLOSURE OF CONTRACTUAL OBLIGATIONS
» SAFE HARBOR Form 20 F 2013 Annual Report Telkom
» COMPENSATION Compensation of Commissioners and Directors
» SHARE OWNERSHIP MAJOR SHAREHOLDERS
» SIGNIFICANT CHANGES Form 20 F 2013 Annual Report Telkom
» PLAN OF DISTRIBUTION Form 20 F 2013 Annual Report Telkom
» Supporting Business MEMORANDUM AND ARTICLES OF ASSOCIATION Description of Articles of Association
» Capital Gains EXCHANGE CONTROLS
» Considerations Regarding Certain US Federal Income Tax
» Threshold Passive Foreign Investment Company “PFIC” Classification Matters Dividends
» Basis of preparation of the financial statements Principles of consolidation
» Principles of consolidation continued Transactions with related parties
» Business combinations Business combinations continued
» Trade and other receivables Inventories Prepaid expenses
» Assets held for sale Intangible assets
» Property and equipment SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
» Property and equipment continued Leases
» Trade payables Borrowings Foreign currency translations
» Revenue and expense recognition
» Revenue and expense recognition continued
» Employee benefits SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
» Employee benefits continued SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
» Employee benefits continued Income tax
» Financial instruments Financial instruments continued
» Financial instruments continued SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
» Provisions Impairment of non-financial assets Impairment of non-financial assets continued
» Acquisitions continued Disposal of Indonusa
» CASH AND CASH EQUIVALENTS 2012
» OTHER CURRENT FINANCIAL ASSETS 2012
» ASSET HELD FOR SALE LONG-TERM INVESTMENTS
» 2012 Accumulated depreciation and 2013 At cost:
» 2013 Accumulated depreciation DOCUMENTS ON DISPLAY
» INTANGIBLE ASSETS DOCUMENTS ON DISPLAY
» TRADE AND OTHER PAYABLES ACCRUED EXPENSES 2012
» UNEARNED INCOME 2012 DOCUMENTS ON DISPLAY
» NON-CONTROLLING INTERESTS 2012 DOCUMENTS ON DISPLAY
» OTHER RESERVES BASIC AND DILUTED EARNINGS PER SHARE
» PERSONNEL EXPENSES 2011 GENERAL AND ADMINISTRATIVE EXPENSES 2011
» INTERCONNECTION EXPENSES 2011 DOCUMENTS ON DISPLAY
» Pension benefit cost continued
» Pension benefit cost continued Post-employment health care benefit provisions
» Post-employment health care benefit provisions continued
» Post-employment health care benefit provisions continued Other post-employment benefits provisions
» Obligation under the Labor Law provisions
» Nature of relationships and accountstransactions with related parties
» Nature of relationships and accountstransactions with related parties continued
» 10,851 8,743 Transactions with related parties continued 379 550 2011 506 606 2012
» Capital expenditures continued SIGNIFICANT COMMITMENTS AND AGREEMENTS a. Capital expenditures
» Borrowings and other credit facilities Others
Show more