ACCRUED EXPENSES 2016 UNEARNED INCOME SHORT-TERM BANK LOANS AND CURRENT MATURITIES OF LONG-TERM BORROWINGS

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 Table of Content

12. TRADEPAYABLES 2016

2015 Related parties Purchases of equipment, materials and services 1,223 1,891 Payables to other telecommunication providers 324 184 Sub-total 1,547 2,075 Third parties Purchases of equipment, materials and services 9,434 9,593 Radio frequency usage charges, concession fees and Universal Service Obligation “USO” charges 1,256 1,328 Payables to other telecommunication providers 1,281 998 Sub-total 11,971 11,919 Total 13,518 13,994 Trade payables by currency are as follows: 2016 2015 Rupiah 11,270 11,169 U.S. dollar 2,196 2,791 Others 52 34 Total 13,518 13,994 Refer to Note 31 for details of related party transactions.

13. ACCRUED EXPENSES 2016

2015 Operation, maintenance and telecommunication services 6,165 4,459 Salaries and benefits 2,993 1,689 General, administrative and marketing expenses 1,914 1,859 Interest and bank charges 211 240 Total 11,283 8,247 Refer to Note 31 for details of related party transactions.

14. UNEARNED INCOME

a. Current portion of unearned income 2016 2015 Prepaid pulse reload vouchers 4,959 3,630 Telecommunication tower leases 199 165 Other telecommunications services 189 96 Others 216 469 Total 5,563 4,360 b. Non-current portion of unearned income 2016 2015 Other telecommunications services 256 289 Indefeasible Right of Use 169 82 Total 425 371 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 Table of Content

15. SHORT-TERM BANK LOANS AND CURRENT MATURITIES OF LONG-TERM BORROWINGS

a. Short-term bank loans 2016 2015 Outstanding Outstanding Lenders Currency Original currency in millions Rupiah equivalent Original currency in millions Rupiah equivalent Related parties BNI Rp - 143 - 25 Sub-total 143 25 Third parties UOB Rp - 269 - 200 Bank CIMB Niaga Rp - 143 - 152 PT Bank DBS Indonesia Rp - 95 - - SCB Rp - 90 - 39 PT Bank Danamon Indonesia, Tbk “Danamon” Rp - 60 - 80 Others Rp - 111 - 106 Sub-total 768 577 Total 911 602 Other significant information relating to short-term bank loans as of December 31, 2016 is as follows: Borrower Currency Totalfacility in billions Maturity date Interestpayment period Interestrate per annum Security UOB November 22, 2013 Infomedia Rp 200 November 22, 2017 Monthly 11.5-12 Trade receivablesNote 5 December 20, 2016 Finnet Rp 300 December 21, 2018 Monthly 1 month JIBOR+2.25 None Bank CIMB Niaga April 28, 2013 a GSD Rp 85 January1, 2017 f Monthly 10.9-11.5 Trade receivables Note 5 and property andequipment Note 9 October 29, 2014 Infomedia Solusi Humanika d Rp 50 January 18, 2017 Monthly 10.00 Trade receivables Note 5 December14, 2015 b Balebat c Rp 17 July 30, 2017 Monthly 13.00 Trade receivables Note 5,inventories Note 6 and property and equipment Note 9 BNI October 31, 2016 Telkom Infra Rp 44 October 31, 2017 Monthly 1 month JIBOR+3.35 Trade receivables Note 5 December 31, 2016 Telkom Infra Rp 101 November 30, 2017 Monthly 1 month JIBOR+3.35 Trade receivables Note 5 PT. Bank DBS Indonesia April 12, 2016 Sigma e USD 0.02 July 31, 2017 Semi-annually 3.25 USD 10.75 IDR Trade receivables Note 5 SCB June26, 2015 GSD Rp 91 December 30, 2016 f Monthly 10.50 None Danamon December 15, 2016 Infomedia Rp 60 December 15, 2017 Monthly 8.75 Trade receivables Note 5 The credit facilities were obtained by the Company’s subsidiaries for working capital purposes. a Based on the latest amendment datedNovember 11, 2014. b Based on the latest amendment datedDecember 14, 2015. c MD Media’s subsidiary. d Infomedia’s subsidiary. e Facility in USD. Withdrawal can be executed in USD and IDR. f Unsettled loan will be automatically extended. 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 Table of Content

15. SHORT-TERM BANK LOANSAND CURRENT MATURITIES OF LONG-TERM BORROWINGS continued