POST-RETIREMENT HEALTH CARE BENEFITS continued

88 NOTES TO CONSOLIDATED FINANCIAL STATEMENTS continued DECEMBER 31, 2011 AND 2010, AND YEARS ENDED DECEMBER 31, 2011 AND 2010 Figures in tables are presented in billions of Rupiah, unless otherwise stated 89

37. RELATED PARTY TRANSACTIONS continued

b. Transactions with related parties continued

Presented below are balances of accounts with related parties: 2011 2010 of of Amount total assets Amount total assets

a. Cash and cash equivalents Note 4

7,848 7.62 7,942 7.90

b. Available-for-sale financial assets

State-owned enterprises 110 0.11 116 0.11 The Government 140 0.14 138 0.14 Bahana 64 0.06 58 0.06 Total 314

0.31 312

0.31 c. Trade receivables - net

Note 5 932

0.90 780

0.78 d. Advances and prepaid expenses

Note 7 MoCI 2,206 2.14 2,393 2.38 Others each below Rp.30 billion 27 0.03 8 0.00 Total 2,233

2.17 2,401

2.38 e. Advances and other non-current

assets Note 11 BNI 92 0.09 94 0.09 Bank Mandiri - - 47 0.05 Others 5 0.00 1 0.00 Total 97

0.09 142

0.14 2011

2010 of total of total Amount liabilities Amount liabilities f. Trade payables Note 13 MoCI 409 0.97 394 0.89 Kopegtel 92 0.22 140 0.32 INTI 66 0.16 14 0.03 Indosat 52 0.12 62 0.14 State-owned enterprises 41 0.10 287 0.65 Yakes 35 0.08 61 0.14 Gratika 12 0.03 34 0.08 Others each below Rp.30 billion 131 0.31 162 0.37 Total 838

1.99 1,154

2.62 NOTES TO CONSOLIDATED FINANCIAL STATEMENTS continued DECEMBER 31, 2011 AND 2010, AND YEARS ENDED DECEMBER 31, 2011 AND 2010 Figures in tables are presented in billions of Rupiah, unless otherwise stated 90

37. RELATED PARTY TRANSACTIONS continued

b. Transactions with related parties continued

2011 2010 of total of total Amount liabilities Amount liabilities

g. Accrued expenses Note 14

State-owned banks 50 0.12 29 0.07 The Government 22 0.05 36 0.08 Total 72

0.17 65

0.15 h. Advances from customers and suppliers

The Government 151

0.36 170

0.39 i.

Short-term bank loans Note 16 State-owned banks 7

0.02 4

0.01 j.

Two-step loans Note 18 The Government 2,284 5.43 3,137 7.12

k. Bonds and notes Note 19

Bahana 107

0.25 101

0.23 l.

Long-term bank loans Note 20 BNI 2,273 5.40 3,749 8.50 BRI 2,131 5.07 2,197 4.98 Bank Mandiri 2,110 5.02 3,073 6.97 Bank Jabar 350 0.83 525 1.19 BTN - - 7 0.02 Total 6,864

16.32 9,551

21.66

c. Significant agreements with related parties

i. The Government The Company obtained two-step loans from the Government Note18. The Company and its subsidiaries pay concession fees for telecommunications services provided and radio frequency usage charges to the Ministry of Communications and Information of the Republic of Indonesia. Telkomsel paid an up-front fee for the 3G license amounting to Rp.756 billion and recognized as intangible asset Note 12. Starting 2005, the Company and its subsidiaries pay USO charges to the Ministry of Communications and Information of the Republic of Indonesia pursuant to MoCI Regulation No.15PerM.KOMINFO92005 of September 30, 2005.