TRADE RECEIVABLES continued Disposal of Indonusa

PERUSAHAAN PERSEROAN PERSERO PT TELEKOMUNIKASI INDONESIA Tbk AND ITS SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS As of June 30, 2014 and for the Six Months Period Then Ended unaudited Figures in tables are expressedin billions of rupiah, unless otherwise stated 47

9. ASSET HELD FOR SALE

This account represents the carrying amount of Telkomsel’s equipment to be exchanged with equipment of Nokia Siemens Network Oy “NSN Oy” and PT Huawei Tech Investment “PT Huawei”. The equipment will be used as part of the settlement for the exchanges of equipment from these companies. In 2014, Telkomsel’s equipment with net carrying amount of Rp57 billion is reclassified to asset held for sale Note 11c.vi. Asset held for sale is presented under personal segment Note 38.

10. LONG-TERM INVESTMENTS

June 30, 2014 Share of net loss Percentage profit of of Beginning Addition associated Translation Ending ownership balance deduction company adjustment balance Long-term investments in associated companies: Indonusaa 20.00 189 32 - 221 PT Melon Indonesia “Melon” b 51.00 39 - 2 - 41 ILCS c 49.00 37 - 5 - 32 Telin Malaysia d 49.00 18 - 10 2 6 CSM e 25.00 - - - - - PSN f 22.38 - - - - - Sub-total 283 32 13 2 300 Other long-term investments 21 - - - 21 Total long-term investments 304 32 13 2 321 June 30, 2014 Assets Liabilities Revenue Gain loss Long-term investments in associated companies: Indonusa 537 706 183 Melon b 124 43 61 4 ILCS c 83 15 65 10 Telin Malaysia d 18 2 5 20 CSM e 1,273 1,387 153 91 PSN f 784 2,050 76 11 Total 2,819 3,904 543 128 PERUSAHAAN PERSEROAN PERSERO PT TELEKOMUNIKASI INDONESIA Tbk AND ITS SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS As of June 30, 2014 and for the Six Months Period Then Ended unaudited Figures in tables are expressedin billions of rupiah, unless otherwise stated 48

10. LONG-TERM INVESTMENTS continued

December 31, 2013 Share of net loss Percentage profit of of Beginning Addition associated Translation Ending ownership balance deduction company Dividend adjustment balance Long-term investments in associated companies: Indonusa a 20.00 - 182 7 - - 189 PT Melon Indonesia “Melon” b 51.00 42 - 3 - - 39 ILCS c 49.00 48 - 11 - - 37 Telin Malaysia d 49.00 - 20 6 - 4 18 CSM e 25.00 20 - 20 - - - PSN f 22.38 - - - - - - Patrakom g 40.00 46 46 2 2 - - Scicom h 29.71 98 88 2 3 9 - Sub-total 254 68 29 5 5 283 Other long-term investments 21 - - - - 21 Total long-term investments 275 68 29 5 5 304 December 31, 2013 Assets Liabilities Revenue Loss Long-term investments in associated companies: Indonusa a 655 669 363 124 Melon b 90 22 73 6 ILCS c 88 13 4 22 Telin Malaysia d 37 1 11 CSM e 1,273 1,387 306 181 PSN f 817 2,148 462 55 Total 2,960 4,240 1,208 399 a Indonusa had been the Company’s subsidiary until 2013 when the Company disposed 80 of its interest in Indonusa Notes 1d and 3. b Melon is engaged in providing Digital Content Exchange Hub services “DCEH”. As a result of the existence of substantive participating rights held by the other venturer over the significant financial and operating policies of Melon, Metra does not have control over Melon. c ILCS is engaged in providing E-trade logistic services and other related services. d Telin Malaysia is engaged in telecommunication services in Malaysia. e CSM is engaged in providing Very Small Aperture Terminal “VSAT”, network application services and consulting services on telecommunications technology and related facilities. f 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 six months period ended June 30, 2014 and 2013 are Rp300 billion and Rp920 billion, respectively. g Patrakom has been engaged in providing satellite communication system services, related services and facilities to companies in the petroleum industry. Starting in 2013, Patrakom has been consolidated Notes 1d and 3. h 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.