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
41
8. LONG-TERM INVESTMENTS continued
b
Indonusa had been a subsidiary of the Company until 2013 when the Company disposed 80 of its interest in Indonusa. On May 14, 2014, based on the Circular Resolution of the Stockholders of Indonusa as covered by notarial deed No. 57
dated April 23, 2014 of FX Budi Santoso Isbandi, S.H., which was approved by the MoLHR in its Letter No. AHU-02078.40.20.2014 dated April 29, 2014, Indonusa’s stockholders approved an increase in its issued and fully paid
capital by Rp80 billion. The Company waived its right to own the new shares issued and transferred it to Metra and, as a result, Metra’s ownership in Indonusa increased to 4.33.
c
Investment in Teltranet is accounted for under the equity method, which covered by an agreement between Metra and Telstra Holding Singapore Pte. Ltd. dated August 29, 2014. Teltranet is engaged in communication system services. Metra
does not have control as it does not determine the financial and operating policies of Teltranet.
d
In 2015, Metra does not have control over Melon due to the existence of substantive participating rights held by the other venture over the financial and operating policies of Melon. In 2016, the Group purchased 49 state in Melon from SK Planet
Co. through Metranet this Melon became a consolidated subsidiary Note 1d
e
ILCS is engaged in providing E-trade logistic services and other related services.
f
Telin Malaysia is engaged in telecommunication services in Malaysia. The unrecognized share of losses of Telin Malaysia for the year ended December 31, 2016 is Rp2billion.
g
CSM is engaged in providing Very Small Aperture Terminal “VSAT”, network application services and consulting services on telecommunications technology and related facilities. The unrecognized share of losses of CSM for the year ended
December 31, 2016 is Rp219 billion.
9. PROPERTY AND EQUIPMENT
December 31, 2016 Additions
Deductions Reclassifications
Translations March 31, 2017
At cost: Directly acquired assets
Land rights 1,417
8 -
- 1,425
Buildings 7,837
7 -
9 7,835
Leasehold improvements 1,116
- 11
21 1,126
Switching equipment 20,490
21 68
113 20,556
Telegraph, telex and data communication equipment
1,586 -
- 21
1,565 Transmission installation and equipment
121,552 472
553 2,850
124,321 Satellite, earth station and equipment
8,445 23
- 50
8,518 Cable network
44,791 625
100 110
45,426 Power supply
15,022 15
139 368
15,266 Data processing equipment
12,515 91
108 167
12,665 Other telecommunications peripherals
700 -
- 11
689 Office equipment
1,453 29
5 98
1,379 Vehicles
387 1
2 6
392 Other equipment
100 -
- -
100 Property under construction
4,550 4,709
3 3,973
5,283
Assets under finance lease
Transmission installation and equipment 5,354
65 -
- 5,419
Data processing equipment 84
- -
- 84
Vehicles 135
- -
- 135
Office equipment 76
- -
- 76
CPE assets 22
- -
- 22
Power supply 215
- -
- 215
RSA assets 252
- -
- 252
Total 248,099
6,066 989
427 252,749
December 31, 2016 Additions
Deductions Reclassifications
Translations March 31, 2017
Accumulated depreciation and impairment losses:
Directly acquired assets
Buildings 2,435
77 -
4 2,508
Leasehold improvements 692
35 9
- 718
Switching equipment 16,650
378 66
1 16,961
Telegraph, telex and data communication equipment
333 93
- -
426 Transmission installation and equipment
62,302 2,520
500 40
64,282 Satellite, earth station and equipment
7,098 103
- -
7,201 Cable network
20,301 443
99 64
20,581 Power supply
10,164 304
86 3
10,379 Data processing equipment
9,468 296
96 -
9,668 Other telecommunications peripherals
461 23
- -
484 Office equipment
846 46
4 4
884 Vehicles
168 15
2 2
179 Other equipment
99 -
- -
99
Assets unde finance lease
Transmission installation and equipment 2,054
141 -
- 2,195
Data processing equipment 44
7 -
- 51
Vehicles 32
6 -
- 38
Office equipment 94
10 -
- 104
CPE assets 19
1 -
- 20
Power supply 98
6 -
- 104
RSA assets 243
3 -
- 246
Total 133,601
4,507 862
118 137,128
Net Book Value 114,498
115,621
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
42
9. PROPERTY AND EQUIPMENT continued
December 31, 2015
Acquisition Additions
Deductions Reclassifications
Translations December 31,
2016 At cost:
Directly acquired assets
Land rights 1,270
89 59
1 -
1,417 Buildings
6,033 10
311 3
1,486 7,837
Leasehold improvements 1,036
- 13
37 104
1,116 Switching equipment
19,823 -
218 160
609 20,490
Telegraph, telex and data communication equipment
876 -
751 41
- 1,586
Transmission installation and equipment 119,047
- 2,603
11,319 11,221
121,552 Satellite, earth station and equipment
8,146 -
80 -
219 8,445
Cable network 37,887
- 6,746
302 460
44,791 Power supply
13,822 -
161 77
1,116 15,022
Data processing equipment 11,351
12 318
82 916
12,515 Other telecommunications peripherals
632 -
73 -
5 700
Office equipment 1,062
5 139
12 259
1,453 Vehicles
475 -
60 147
1 387
Other equipment 99
- 1
- -
100 Property under construction
4,580 -
17,169 -
17,199 4,550
Assets under finance lease
Transmission installation and equipment 5,940
- 229
815 -
5,354 Data processing equipment
63 -
77 56
- 84
Vehicles 94
- 63
22 -
135 Office equipment
73 -
3 -
- 76
CPE assets 22
- -
- -
22 Power supply
90 -
125 -
- 215
RSA assets 252
- -
- -
252 Total
232,673 116
29,199 13,074
815 248,099
December 31, 2015
Acquisition Additions
Deductions Reclassifications
Translations December 31,
2016 Accumulated depreciation and impairment
losses: Directly acquired assets
Buildings 2,141
- 290
2 6
2,435 Leasehold improvements
623 -
106 37
- 692
Switching equipment 15,223
- 1,588
160 1
16,650 Telegraph, telex and data communication
equipment 4
- 329
- -
333 Transmission installation and equipment
63,063 -
9,957 10,686
32 62,302
Satellite, earth station and equipment 6,706
- 415
- 23
7,098 Cable network
19,524 -
1,534 302
455 20,301
Power supply 9,114
- 1,145
70 25
10,164 Data processing equipment
8,503 -
1,067 62
40 9,468
Other telecommunications peripherals 385
- 77
- 1
461 Office equipment
713 -
141 11
3 846
Vehicles 166
- 69
66 1
168 Other equipment
99 -
- -
- 99
Assets unde finance lease
Transmission installation and equipment 2,327
- 542
815 -
2,054 Data processing equipment
53 -
47 56
- 44
Vehicles 13
- 19
- -
32 Office equipment
51 -
43 -
- 94
CPE assets 17
- 2
- -
19 Power supply
18 -
80 -
- 98
RSA assets 230
- 13
- -
243 Total
128,973 -
17,464 12,267
569 133,601
Net Book Value 103,700
114,498