PERUSAHAAN PERSEROAN PERSERO P.T. TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS continued JUNE 30, 2005 AND 2006, AND FOR THE SIX MONTHS PERIOD ENDED
JUNE 30, 2005 AND 2006 Figures in tables are presented in millions of Rupiah, unless otherwise stated
- 13
1. GENERAL continued
c.
Subsidiaries continued The Company has indirect investments through its subsidiaries in the following companies:
Start of Nature of
Commercial Indirect Subsidiaries
Domicile Business
2005 2006
Operations
Telekomunikasi Selular PT Telekomunikasi
Finance Limited Selular
Mauritius Fund raising
100 100
2002 PT Telekomunikasi
Telkomsel Finance B.V. Selular
Netherlands Finance
- 100
2005 Aria West International
PT AriaWest Finance B.V.
International Netherlands
Finance 100
100 1996
PT Balebat Dedikasi PT Infomedia
Prima Nusantara
Bogor Printing
51 51
2000 PT Finnet Indonesia
PT Multimedia Jakarta
Banking data Nusantara
and communication -
60 2006
Percentage Stockholders
Ownership
PT Pramindo Ikat Nusantara “Pramindo” Pramindo is the investor in KSO I, the joint operating scheme that provides telecommunications
services in Sumatra. On April 19, 2002, the Company entered into a Conditional Sale and Purchase Agreement “CSPA” as amended on August 1, 2002 to acquire 100 of the issued and paid-up
share capital of Pramindo. The Company acquired control of Pramindo on August 15, 2002, the date when the Company entered into a Stockholders Voting Agreement pursuant to which the
Company obtained the right to vote all Pramindo’s shares and the right to nominate all the members of the Board of Directors and Board of Commissioners of Pramindo.
PT AriaWest International “AWI” AWI is the investor in KSO III, the joint operating scheme that provides telecommunication
services in West Java. On May 8, 2002, the Company entered into a Conditional Sale and Purchase Agreement “CSPA” to acquire 100 of the issued and paid-up capital of AWI. The acquisition
was effective on July 31, 2003, the date when the Company entered into the First Amendment to the Conditional Sale and Purchase Agreement with the stockholders of AWI in which both parties
agreed to the Companys acquisition of AWI Note 5b.
PERUSAHAAN PERSEROAN PERSERO P.T. TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS continued JUNE 30, 2005 AND 2006, AND FOR THE SIX MONTHS PERIOD ENDED
JUNE 30, 2005 AND 2006 Figures in tables are presented in millions of Rupiah, unless otherwise stated
- 14
1. GENERAL continued
