PERUSAHAAN PERSEROAN PERSERO P.T. TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
continued
DECEMBER 31, 2010 AUDITED AND MARCH 31, 2011 UNAUDITED AND THREE MONTHS PERIOD ENDED MARCH 31, 2010 AND 2011 UNAUDITED
Figures in tables are presented in millions of Rupiah, unless otherwise stated
105
45. SEGMENT INFORMATION
The Company and its subsidiaries have three main business segments operating in Indonesia namely: fixed wireline, fixed wireless and cellular. The fixed wireline segment provides local, SLJJ
and international telephone services, and other telecommunications services including among others, leased lines, telex, transponder, satellite and VSAT as well as ancillary services. The fixed
wireless segment provides CDMA-based telecommunication services which offers customers the ability to use a wireless handset with limited mobility within a local code area. The cellular segment
provides basic telecommunication services, particularly mobile cellular telecommunication services. Operating segments that do not individually represent more than 10 of the Company’s revenues are
presented as “Others”, comprising of information technology services, telephone directories and building management businesses.
Segment revenues and expenses include transactions between business segments and are accounted for at prices that management believes represent market prices.
2010 Fixed
Fixed Total before
Total wireline
wireless Cellular
Others elimination Elimination consolidated
Segment results
External operating revenues 5,199,597
788,272 10,335,513
32,954 16,356,336
- 16,356,336
Inter-segment operating revenues 1,248,212
9,345 449,891
92,172 1,799,620
1,799,620 -
Total segment revenues 6,447,809
797,617 10,785,404
125,126 18,155,956
1,799,620 16,356,336
External operating expenses 4,336,411
785,547 5,744,428
170,422 11,036,808
- 11,036,808
Inter-segment operating expenses 856,917
- 1,001,383
8,274 1,866,574
1,866,574 -
Segment expenses 5,193,328
785,547 6,745,811
178,696 12,903,382
1,866,574 11,036,808
Segment results 1,254,481
12,070 4,039,593
53,570 5,252,574
66,954 5,319,528
Interest income 79,674
Equity in net income of associated companies
437 Interest expense
504,235 Gain on foreign exchange - net
164,054 Other income - net
77,005 Income tax expense
1,360,220 Income for the period
3,776,243 Foreign currency translation
169 Change in fair value of available-for-sale
financial assets - net of tax 16,977
Total comprehensive income for the period 3,793,051
Other information
Segment assets 33,672,370
5,484,502 58,877,194
805,823 98,839,889
2,523,229 96,316,660
Investments in associates 135,535
- 20,359
- 155,894
- 155,894
Total consolidated assets 96,442,960
Total consolidated liabilities 18,689,128
1,676,064 25,014,602
328,568 45,708,362
2,523,229 43,185,133
Capital expenditures 574,833
746 2,071,416
5,038 2,652,033
- 2,652,033
Depreciation and amortization 1,165,535
185,541 2,380,364
7,650 3,739,090
- 3,739,090
Other non-cash expenses 118,142
- 29,147
2,929 150,218
- 150,218
as restated, refer to Note 2p
PERUSAHAAN PERSEROAN PERSERO P.T. TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
continued
DECEMBER 31, 2010 AUDITED AND MARCH 31, 2011 UNAUDITED AND THREE MONTHS PERIOD ENDED MARCH 31, 2010 AND 2011 UNAUDITED
Figures in tables are presented in millions of Rupiah, unless otherwise stated
106
45. SEGMENT INFORMATION
continued
2011 Fixed
Fixed Total before
Total wireline
wireless Cellular
Others elimination Elimination consolidated
Segment results
External operating revenues 5,211,414
592,251 10,844,783
57,312 16,705,760
- 16,705,760
Inter-segment operating revenues 1,545,080
33,643 467,999
206,139 2,185,575
2,185,575 -
Total segment revenues 6,756,494
558,608 11,312,782
263,451 18,891,335
2,185,575 16,705,760
External operating expenses 4,110,650
774,141 6,369,789
257,177 11,511,757
- 11,511,757
Inter-segment operating expenses 1,114,118
24,534 1,122,196
13,752 2,225,532
2,225,532 -
Segment expenses 5,224,768
749,607 7,491,985
270,929 13,737,289
2,225,532 11,511,757
Segment results 1,531,726
190,999 3,820,797
7,478 5,154,046
39,957 5,194,003
Interest income 120,140
Equity in net loss of associated companies
1,136 Interest expense
405,239 Gain on foreign exchange - net
152,428 Other income - net
74,058 Income tax expense
1,310,623 Income for the period
3,823,631 Foreign currency translation
4,511 Change in fair value of available-for-sale
financial assets - net of tax 3,024
Total comprehensive income for the period 3,816,096
Other information
Segment assets 38,469,370
4,990,956 58,635,077
984,541 103,079,944
2,645,937 100,434,007
Investments in associates 231,112
- 20,359
- 251,471
- 251,471
Total consolidated assets 100,685,478
Total consolidated liabilities 20,360,996
721,194 21,613,860
403,876 43,099,926
2,645,327 40,454,599
Capital expenditures 820,731
- 1,348,857
15,473 2,185,061
- 2,185,061
Depreciation and amortization 811,695
186,108 2,440,303
9,488 3,447,594
- 3,447,594
Other non-cash expenses 125,906
6,544 46,259
1,466 180,175
- 180,175
46. REVENUE-SHARING ARRANGEMENTS “RSA”
The Company has entered into agreements with several investors under RSA to develop fixed lines, public card-phone booths including their maintenance, data and internet network and related
supporting telecommunications facilities. As of March 31, 2011, the Company has 17 RSA’s with 15 investors. The RSA’s are located mainly in
Pekanbaru, East Java, Kalimantan, Makassar, Pare-pare, Manado, Denpasar, Mataram and Kupang, with concession periods ranging from 80 to 148 months.
Under the RSA, the investors finance the costs incurred in developing the telecommunications facilities. Upon completion of the construction, the Company manages and operates the facilities and
bears the cost of repairs and maintenance during the revenue-sharing periods. The investors legally retain the rights to the property, plant and equipment constructed by them during the RSA periods. At
the end of each RSA period, the investors transfer the ownership of the facilities to the Company at a nominal price.
