0.17 FINANCIAL RISK MANAGEMENT continued

PERUSAHAAN PERSEROAN PERSERO PT TELEKOMUNIKASI INDONESIA Tbk AND ITS SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS As of December 31, 2016 and for the Year Then Ended Figures in tables are expressed in billions of Rupiah, unless otherwise stated 117

39. SUPPLEMENTAL CASH FLOWS INFORMATION

The non-cash investing activities for the years ended December 31, 2016 and 2015 are as follows: 2016 2015 Acquisition of property and equipment credited to: Trade payables 6,199 4,979 Non-monetary exchange 636 - Obligations under finance leases 368 452 Interest capitalization 188 - Acquisition of intangible assets credited to: Trade payables 41 179

40. SUBSEQUENT EVENTS

a. On January 23, 2017, Telkom Akses received VAT restitution related to the overpayment assessment letter for period May - December 2014 amounting to Rp169.4 billion. b. On February 15, 2017, the Company successfully launched its ninth satellite, Telkom 3S, in Kourou, French Guiana with an investment of US215 million or equivalent to Rp2,896 billion, that includes the cost of manufacturing satellite, launching services and insurance. 41. SUMMARY OF SIGNIFICANT DIFFERENCES BETWEEN PSAK AND INTERNATIONAL FINANCIAL REPORTING STANDARDS “IFRS” The following tables set forth a reconciliation of the consolidated statement of financial position as of December 31, 2016 and consolidated statements of profit or loss and other comprehensive income for the year ended December 31, 2016, in each case between PSAK and IFRS. PSAK RECONCILIATION IFRS ASSETS CURRENT ASSETS Cash and cash equivalents 29,767 - 29,767 Other current financial assets 1,471 - 1,471 Trade receivables - net of provision for impairment of receivables Related parties 894 594 1,488 Third parties 6,469 594 5,875 Other receivables - net of provision for impairment of receivables 537 - 537 Inventories - net of provision for obsolescence 584 - 584 Advances and prepaid expenses 5,246 - 5,246 Claim for tax refund 592 - 592 Prepaid taxes 2,138 - 2,138 Assets held for sale 3 - 3 Total Current Assets 47,701 - 47,701 NON-CURRENT ASSETS Long-term investments 1,847 - 1,847 Property and equipment - net of accumulated depreciation 114,498 268 114,230 Prepaid pension benefit cost 199 - 199 Advances and other non-current assets 11,508 - 11,508 Intangible assets - net of accumulated amortization 3,089 - 3,089 Deferred tax assets - net 769 - 769 Total Non-current Assets 131,910 268 131,642 TOTAL ASSETS 179,611 268 179,343