PERUSAHAAN PERSEROAN PERSERO P.T. TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS continued DECEMBER 31, 2004 AND 2005, AND FOR YEARS ENDED
DECEMBER 31, 2004 AND 2005 Figures in tables are presented in millions of Rupiah, unless otherwise stated
2004 2005
Time deposits Related parties
Rupiah Bank Mandir
6. CASH AND CASH EQUIVALENTS continued
- 38
i 794,371
1,510,009 Bank Negara Indonesia
206,195 660,915
Bank Rakyat Indonesia 231,805
246,415 Bank Tabungan Negara
75,960 132,455
Bank Syariah Mandiri -
7,000 Total
1,308,331 2,556,794
Foreign currencies Bank Mandiri
- 293,115
Bank Negara Indonesia 139,450
98 Bank Rakyat Indonesia
32,480 -
Total 171,930
293,213 Total - related parties
1,480,261 2,850,007
Third parties Rupiah
Citibank NA -
310,100 Standard Chartered Bank
698,750 177,800
Bank Niaga 102,787
109,565 Bank Mega
98,906 99,575
Bank Bukopin 98,710
89,25 Bank Jaba
5 r
89,648 85,590
Bank Danamon 61,115
63,915 Bank NISP
53,650 50,680
Bank BTPN -
43,25 Bank Bumi Putra Indonesi
5 a
18,303 19,643
Bank Syariah Mega Indonesia 16,000
17,000 Bank Muamalat Indonesia
7,000 9,000
Bank Yudha Bhakti -
6,000 Bank Nusantara Parahyangan
- 4,000
ABN AMRO Bank 11,000
- Total
1,255,869 1,085,378
Foreign currencies Deutsche Bank
1,051,839 873,772
Citibank NA -
202,88 Standard Chartered Bank
225,208 3
- The Hongkong and Shanghai Banking Corporation
253,04 3
- Total
1,530,090 1,076,655
Total - third parties 2,785,959
2,162,033 Total time deposits
4,266,220 5,012,040
Total cash and cash equivalents 4,856,123
5,374,684
PERUSAHAAN PERSEROAN PERSERO P.T. TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS continued DECEMBER 31, 2004 AND 2005, AND FOR YEARS ENDED
DECEMBER 31, 2004 AND 2005 Figures in tables are presented in millions of Rupiah, unless otherwise stated
- 39
6. CASH AND CASH EQUIVALENTS continued
Range of interest rates per annum for time deposits is as follows:
2004 2005
Rupiah 3.00 - 9.50
2.00 - 14.50 Foreign currencies
0.55 - 1.95 0.60 - 3.70
The related parties which the Company places its funds are Government-owned banks. The Company places a majority of its cash and cash equivalents in these banks because they have the most extensive
branch network in Indonesia and are considered to be financially sound banks as they are owned by the Government.
Refer to Note 45 for details of related party transactions.
7.
TRADE ACCOUNTS RECEIVABLE Trade accounts receivable from related parties and third parties arise from services provided to both
retail and non-retail customers. a. By Debtor
Related parties:
2004 2005
Government agencies 289,644
432,982 KSO Units
145,810 111,599
PT Citra Sari Makmur 20,127
31,242 PT Patra Telekomunikasi Indonesia
8,824 2,921
PT Aplikanusa Lintasarta 8,780
437 Others
10,847 35,464
Total 484,032
614,645 Allowance for doubtful accounts
64,928 84,275
Net 419,104
530,370 Trade accounts receivable from certain related parties are presented net of the Companys liabilities
to such parties due to legal right of offset in accordance with agreements with those parties.
PERUSAHAAN PERSEROAN PERSERO P.T. TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS continued DECEMBER 31, 2004 AND 2005, AND FOR YEARS ENDED
DECEMBER 31, 2004 AND 2005 Figures in tables are presented in millions of Rupiah, unless otherwise stated
- 40
7. TRADE ACCOUNTS RECEIVABLE continued
a. By Debtor continued
Third parties:
2004 2005
Residential and business subscribers 3,213,598
3,452,176 Overseas international carriers
143,539 196,756
Total 3,357,137
3,648,932 Allowance for doubtful accounts
457,138 601,393
Net 2,899,999
3,047,539
b. By Age Related parties:
2004 2005
Up to 6 months 396,425
505,519 7 to 12 months
14,947 27,390
13 to 24 months 19,659
25,574 More than 24 months
53,001 56,162
Total 484,032
614,645 Allowance for doubtful accounts
64,928 84,275
Net 419,104
530,370 Third parties:
2004 2005
Up to 3 months 2,773,992
2,938,326 More than 3 months
583,145 710,606
Total 3,357,137
3,648,932 Allowance for doubtful accounts
457,138 601,393
Net 2,899,999
3,047,539
