Non Current Liabilities Equity

131 PT Telkom Indonesia Persero Tbk was primarily the result of total comprehensive income for the year attributable to owners of the parent of Rp23,948 billion in 2015. Retained earning increase Rp7,220 billion, or 11.4 and total equity attributable to owner of the parent increase by Rp7,415 billion, or 10.9, from Rp67,721 billion as of December 31, 2014 to Rp75,136 billion as of December 31, 2015. AS OF DECEMBER 31, 2014 COMPARED TO AS OF DECEMBER 31, 2013

1. Assets

Total assets increase by 10.3 from Rp128,555 billion in 2013 to Rp141,822 billion in 2014. Composition of current and non-current asset in 2013 and 2014 display in the graph below.

a. Current Assets

As of December 31, 2014, our current assets were Rp34,294 billion compared to Rp33,672 billion as of December 31, 2013. The increase in current assets was mainly due to an increase in our cash and cash equivalents by Rp2,976 billion, or 20.3, trade receivable by Rp374 billion, or 5.6, and Rp796 billion, or 20.2 in our advances and prepaid expenses. This increase was partially ofset by a decrease of Rp4,075 billion, or 59.3 in our other current inancial assets.

b. Non Current Assets

As of December 31, 2014, our non current assets were Rp107,528 billion and Rp94,883 billion as of December 31, 2013. This increase was due to: • An increase in property, plant and equipment-net accumulated depreciation by Rp8,048 billion, or 9.3, • An increase in our advanced and other non-current asset of Rp1,684 billion, or 35.1, • An increase in long term investment-net of Rp1,463 billion or 481.3, and • An increase in intangible assets of Rp955 billion, or 63.3.

2. Liabilities dan Equity

Total liabilities increase by 7.7 from Rp51,834 billion as of December 31, 2013 to Rp55,830 billion as of December 31, 2014. Composition of current and non-current liabilites in 2013 and 2014 display in the graph below. Komposisi Aset 2013 restated 33 ,6 72 2 6 .2 94 ,883 73.8 2014 restated 34 ,29 4 2 4 .2 10 7,52 8 75.8 Non Current Asset Current Asset in billion rupiah in billion rupiah 132 PT Telkom Indonesia Persero Tbk 132

c. Equity

Total equity increase by Rp9,271 billion, or 12.1, from Rp76,721 billion as of December 31, 2013 to Rp85,992 billion as of December 31, 2014. The increase of equity was primarily the result of total comprehensive income for the year attributable to owners of the parent of Rp22,041 billion in 2014, the sale of treasury stock of Rp1,969 billion, increase in paid in capital by Rp576 billion. This increase ofset by cash deviden of Rp9,943 billion. Our retained earnings increase by Rp5,328 billion, or 9.2, and total equity attributable to owner of the parent increase by Rp7,898 billion, or 13.2, from Rp59,823 billion as of December 31, 2013 to Rp67,721 billion as of December 31, 2014. INCOME STATEMENT OVERVIEW The following table sets out our Consolidated Statements of Proit or Loss and Other Comprehensive Income, itemized according to our main products and services, for the three years 2015 through 2013. Each item is expressed as a percentage of total revenues or expenses: 29,0 34 5 6 .0 32,3 18 5 7.9 Non Current Liabilities Current Liabilities 2013 restated 2014 restated Composition of Liabilities 2 2 ,8 4 4 .0 2 3 ,5 12 4 2.1

a. Current Liabilities

Current liabilities were Rp32,318 billion as of December 31, 2014 and Rp29,034 billion as of December 31, 2013. This increase was primarily due to: - An increase of Rp1,378 billion, or 319.0, in short- term bank loans, - An increase of Rp806 billion or 15.8, in current maturities of long-term liabilities, - An increase of Rp678 billion, or 39.9, in taxes payable, and - An increase of Rp473 billion, or 13.6, in unearned revenues.

b. Non Current Liabilities

Non current liabilities were Rp23,512 billion as of December 31, 2014 and Rp22,800 billion as of December 31, 2013. The increase was partially due to increase in bank loans of Rp2,243, or 39.8. This increase was partially ofset by a decrease in bond and notes of Rp834 billion, or 27.1. in billion rupiah