PERUSAHAAN PERSEROAN PERSERO P.T. TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS UNAUDITED continued JUNE 30, 2009 AND 2010
SIX MONTHS PERIOD ENDED JUNE 30, 2009 AND 2010 Figures in tables are presented in millions of Rupiah, unless otherwise stated
52
16. TRADE PAYABLES continued Trade payables by currency are as follows:
2009 2010
Rupiah 4,910,578
4,820,096 U.S. Dollars
4,492,011 3,640,233
Euro 484,307
126,875 Singapore Dollars
36,361 8,065
Others 70
2,657
Total 9,923,327
8,597,926 Refer to Note 45 for details of related party transactions.
17. ACCRUED EXPENSES 2009
2010
Operations, maintenance and telecommunications services 1,221,289
1,894,546 General, administrative and marketing
550,530 611,355
Salaries and benefits 638,521
572,873 Interest and bank charges
204,365 251,756
Total 2,614,705
3,330,530 Refer to Note 45 for details of related party transactions.
18. UNEARNED INCOME 2009
2010
Prepaid pulse reload vouchers 2,083,231
2,389,452 Other telecommunications services
2,802 9,506
Others 89,151
103,242
Total 2,175,184
2,502,200 19. SHORT-TERM BANK LOANS
2009 2010
Bank Ekonomi 29,839
16,696 Bank CIMB Niaga
23,500 14,422
PT Bank Syariah Mandiri “BSM” -
8,000
Total 53,339
39,118
Refer to Note 45 for details of related party transactions.
PERUSAHAAN PERSEROAN PERSERO P.T. TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS UNAUDITED continued JUNE 30, 2009 AND 2010
SIX MONTHS PERIOD ENDED JUNE 30, 2009 AND 2010 Figures in tables are presented in millions of Rupiah, unless otherwise stated
53
19. SHORT-TERM BANK LOANS
a. Bank Ekonomi On October 14, 2008, Sigma entered into a Rp.7,500 million short-term loan agreement with
Bank Ekonomi for working capital purpose. The loan bore floating interest rate from 13.50 per annum to 15.50 per annum and repayable within 9 months from the signing date to
July 15, 2009. This facility was secured by Sigma’s trade receivables Note 6. As of June 30, 2009, the principal outstanding amounted to Rp.7,500 million and on July 2, 2009 the loan was
fully repaid.
On December 2, 2008, Sigma entered into a Rp.5,500 million short-term loan agreement with Bank Ekonomi for working capital purpose. The loan bore a floating interest rate from 12.50 per
annum to 15.50 per annum and repayable within 12 months from the signing date to December 2, 2009. This facility was secured by Sigma’s trade receivables Note 6. As of June
30, 2009 the principal outstanding amounted to Rp.5,500 million and on October 9, 2009 the loan was fully repaid.
On February 11, 2009, Sigma entered into a US550,000 short-term loan agreement with Bank Ekonomi for working capital purpose. The loan bears interest rate of 6 per annum and is
repayable within 3 months from the signing date to June 23, 2010. The agreement is extended up to June 13, 2011. This facility is secured by Sigma’s trade receivables Note 6. As of June 30,
2009 and 2010, the principal outstanding amounted to US550,000 equivalent to Rp.5,618 million and US187,053 equivalent to Rp.1,696 million, respectively.
On May 22, 2009, PT Sigma Solusi Integrasi, one of Sigma’s subsidiaries entered into a US2 million short-term loan agreement with Bank Ekonomi for working capital purpose. On
June 1, 2009, US1,1 million were drawdown from the Facility. The loan bears interest rate of 9 per annum and is repayable within 3 months from the date of withdrawal. This facility is secured
by Purchase Orders “PO” or Setter of Intent from certain companies. As of June 30, 2009, the principal outstanding amounted to US1,1 million equivalent to Rp.11,221 million and on July 1,
2009 the loan was fully repaid.
On August 7, 2009, Sigma entered into a Rp.35,000 million short-term loan agreement with Bank Ekonomi for working capital purpose. The loan bears a floating interest rate from 12.50 per
annum to 13.50 per annum and is repayable within 12 months from the signing date to July 1, 2010. The agreement is extended up to September 2010. The principal outstanding as of
June 30, 2010 amounted to Rp.15,000 million.
b. Bank CIMB Niaga i On April 25, 2005, Balebat entered into a Rp.800 million revolving credit facility and
Rp.1,600 million Note 23f.ii investment credit facility agreement with Bank CIMB Niaga. The credit facility has been amended several times. On May 24, 2010, based on the latest
amendment, credit facility, interest rate and maturity date is changed to Rp.12,000 million, 14 per annum and May 29, 2011, respectively. The agreement is extended up to
May 29, 2011. The principal outstanding as of June 30, 2009 and 2010 amounted to Rp.15,000 million and Rp.9,422 million, respectively.
