PERUSAHAAN PERSEROAN PERSERO PT TELEKOMUNIKASI INDONESIA Tbk AND ITS SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS As of December 31, 2015 and for the Year Then Ended
Figures in tables are expressed in billions of Rupiah, unless otherwise stated
74
20. BANK LOANS continued
The credit facilities were obtained by the Group for working capital purposes.
In original currency
a
As stated in the agreements, the Group is required to comply with all covenants or restrictions such as dividend distribution, obtaining new loans, and maintaining financial ratios. As of December 31, 2015, the Group has complied with all covenants
or restrictions except for certain loan agreements. As of December 31, 2015, Group obtained waiver from the lenders for not presuppose the loan payment as consequences of the breach of covenants, except for loan from BNI and CIMB Niaga. The
Group has classified loan from BNI and CIMB Niaga as part of current maturities of long-term liabilities Note 17a.
b
Telkomsel has no collateral for its bank loans, or other credit facilities. The terms of the various agreements with Telkomsel
PERUSAHAAN PERSEROAN PERSERO PT TELEKOMUNIKASI INDONESIA Tbk AND ITS SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS As of December 31, 2015 and for the Year Then Ended
Figures in tables are expressed in billions of Rupiah, unless otherwise stated
75
21. NON-CONTROLLING INTERESTS continued
Material partly-owned subsidiary As of December 31, 2015 and 2014, the non-controlling interest which is considered material to the
Company is non-controlling ownership interest in Telkomsel amounting to 35 Note 1d. The summarized financial information of Telkomsel below is provided based on amount before
elimination of intercompany balances and transactions. Summarized statement of financial position
2014 2015
As restated
Current assets 25,660
20,465 Non-current assets
58,426 58,887
Current liabilities 20,020
19,270 Non-current liabilities
12,565 8,604
Total equity 51,501
51,478
Attributable to: Equity holders of parent company
33,477 33,463
Non-controlling interest 18,024
18,015 Summarized statement of profit or loss and other comprehensive income
2014 2015
As restated
Revenues 76,055
66,252 Operating expenses
46,429 40,683
Other income 105
151
Profit before income tax 29,731
25,720
Income tax expense - net 7,363
6,329
Profit for the year from continuing operations 22,368
19,391
Other comprehensive income - net 29
165
Total comprehensive income for the year 22,339
19,226
Attributable to non-controlling interest 7,818
6,728 Dividend paid to non-controlling interest
7,810 5,464
Summarized statements of cash flows
2015 2014
Operating activities 36,130
30,863 Investing activities
12,951 11,052
Financing activities 19,456
15,563
Net increase in cash and cash equivalents 3,723
4,248
