PERUSAHAAN PERSEROAN PERSERO PT TELEKOMUNIKASI INDONESIA Tbk AND ITS SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS As of December 31, 2014 and for the Year Then Ended
Figures in tables are expressedin billions of Rupiah, unless otherwise stated
51
10. LONG-TERM INVESTMENTS continued
a
Tiphone was established on June 25, 2008 as Tiphone Mobile Indonesia Tbk. The main activity of Company is engaged in telecommunication equipment businesses, such as celullar phone including the spare parts, accessories, pulse reload
vouchers, repair service and content provider through its subsidiaries. On September 18, 2014, the Company through PINS acquired 25 ownerships in Tiphone amounted to Rp1,395 billion Note 1d.
Reconciliation of financial information to the carrying amount of long-term investment in Tiphone:
Amount
Assets 5,017
Liabilities 2,518
Net assets 2,499
Net assets, excluding goodwill Rp203 billion 2,296
Group’s proportionate shares of net assets 24.92 572
Intangible assets 231
Deferred tax liabilities 58
Goodwill 647
Carrying amount of long-term investment 1,392
b
Indonusa had been the Company’s subsidiary until 2013 when the Company disposed 80 of its interest in Indonusa Note 3.
c
Teltranet is recorded in equity method based on agreement between Metra and Telstra Holding Singapore Pte. Ltd. on August 29, 2014. Teltranet is enganged in communication system services Note 1d. Metra does not have control in
determining financial and operating policies of Teltranet.
d
Melon is engaged in providing Digital Content Exchange Hub services “DCEH”. Metra does not have control over Melon as a result of the existence of substantive participating rights held by the other venturer over the significant financial and
operating policies of Melon.
e
ILCS is engaged in providing E-trade logistic services and other related services.
f
Telin Malaysia is engaged in telecommunication services in Malaysia.
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 years ended
December 31, 2014 and 2013 are Rp131 billion and Rp80 billion, respectively.
h
PSN is engaged in providing satellite transponder leasing and satellite-based communication services in the Asia-Pacific Region. The Company’s share in losses of PSN has exceeded the carrying amount of its investment since 2001; accordingly,
the investment value has been reduced to Rp nil. The unrecognized share of losses of PSN for the years ended December 31, 2014 and 2013 are Rp297 billion and Rp298 billion, respectively.
i
Patrakom is engaged in providing satellite communication system services, related services and facilities to companies in the petroleum industry. Since 2013, Patrakom has been consolidated Notes 1d and 3.
j
Scicom is engaged in providing call center services in Malaysia. On September 19, 2013, the Company sold its investment in Scicom MSC Berhad-Malaysia Scicom, with the proceeds of disposal and the carrying amount of the investment on the
date of disposal amounting to Rp153 billion and Rp88 billion, respectively, resulting in a gain of Rp65 billion.
PERUSAHAAN PERSEROAN PERSERO PT TELEKOMUNIKASI INDONESIA Tbk AND ITS SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS As of December 31, 2014 and for the Year Then Ended
Figures in tables are expressedin billions of Rupiah, unless otherwise stated
52
11. PROPERTY AND EQUIPMENT
Januari 1, Business
Reclassifications December 31, 2014
acquisition Additions
Deductions Translations 2014
At cost: Directly acquired assets
Land rights 1,098
- 107
21 -
1,184 Buildings
4,224 -
131 19
235 4,571
Leasehold improvements 812
- 49
52 134
943 Switching equipment
18,705 -
331 496
668 19,208
Telegraph, telex and data communication equipment
6 -
- -
- 6
Transmission installation and equipment 95,853
- 2,298
1,235 10,657
107,573 Satellite, earth station and equipment
7,456 -
312 21
180 7,927
Cable network 28,987
- 3,025
250 1,352
33,114 Power supply
11,755 -
225 78
874 12,776
Data processing equipment 9,230
- 684
53 381
10,242 Other telecommunications peripherals
500 -
102 -
602 Office equipment
770 4
191 5
9 951
Vehicles 332
2 18
6 346
Other equipment 104
- -
- 5
99 Property under construction
1,971 -
16,660 15
14,763 3,853
Assets under finance lease
Transmission installation and equipment 5,683
- 495
296 -
5,882 Data processing equipment
123 -
- 21
- 102
Office equipment 7
- 15
1 -
21 Vehicles
26 -
18 -
44 CPE assets
22 -
- -
- 22
RSA assets 459
- -
- 207
252 Total
188,123 6
24,661 2,569
503 209,718
January 1, Reclassifications December 31,
2014 Additions
Impairments Deductions Translations 2014
Accumulated depreciation and impairment losses:
Directly acquired assets
Buildings 1,840
135 -
16 5
1,954 Leasehold improvements
649 71
- 52
1 669
Switching equipment 12,903
1,549 - 496
95 13,861
Telegraph, telex and data communication equipment
3 1
- -
- 4
Transmission installation and equipment 46,666
9,084 406
1,161 231
54,764 Satellite, earth station and equipment
5,190 577
332 -
6,099 Cable network
17,758 1,101
67 249
85 18,762
Power supply 6,794
1,246 -
62 7,978
Data processing equipment 6,822
869 -
57 10
7,624 Other telecommunications peripherals
267 55
- -
322 Office equipment
564 109
- 5
9 659
Vehicles 68
46 -
2 1
113 Other equipment
100 2
- -
5 97
Assets under finance lease
Transmission installation and equipment 1,345
632 -
296 -
1,681 Data processing equipment
83 17
- 21
- 79
Office equipment 2
3 -
1 2
6 Vehicles
1 4
- -
- 5
CPE asets 13
2 -
- -
15 RSA assets
294 130
- -
207 217
Total 101,362
15,633 805
2,418 473
114,909 Net Book Value
86,761 94,809