Management Report on Internal Control over Financial Reporting
2. Attestation Report of the Registered Public Accounting Firm
The efectiveness of our internal control over inancial reporting as of December 31, 2015 has been audited by KAP Purwantono, Sungkoro Surja previously Purwantono, Suherman Surja, an independent registered public accounting irm, as stated in their report which appears on the Consolidated Financial Statements.2. Changes in Internal Control over Financial Reporting
There have been no signiicant changes in our Company’s internal control over inancial reporting during the most recently completed iscal year that would materially afect or are reasonably likely to materially afect, our Company’s internal control over inancial reporting. We are committed to continual improvements in internal control processes, and will continue to review and monitor the control over inancial reporting and its procedures in order to ensure compliance with the requirements of Sarbanes-Oxley Act and related regulations as stipulated by COSO. We will also continue to assign signiicant company resources from time to time to improve its internal control over inancial reporting. INTERNAL AUDIT UNIT STRUCTURE AND POSITION OF THE INTERNAL AUDIT UNIT As set forth in the applicable capital market regulations, IA is a unit that is independent of other work units and is directly responsible to the President Director. 251 PT Telkom Indonesia Persero Tbk Below is a chart of the organizational structure of the Telkom Internal Audit. president Director sVp Internal Auditor Harry Suseno Hadisoebroto Vp Infrastructure Operations Audit Dani Ramdani Vp Enterprise Management Audit Heru Muara Sidik Vp support subsidiary Audit Budhi Santoso Chief Expert strategic Advisor Audit Board of Commissioner The aforementioned Vision and Mission of the IA is applied in the form of IA activities that are organized in a systematic and measured manner, and in accordance with the applicable standards ranging from preparation, implementation and monitoring of the follow-up results. To this end, during the audit preparation phase, risk- based audit methodology is the main guideline which emphasizes that determining the proper audit unit auditable is based on the level of risk; the higher the risk, the higher the need for auditing. The risk level of the audit object auditor is based on the risks that have been mapped and determined by the Company as well as the professional assessment by the IA itself. Duties And Responsibilities The risk-based audit paradigm, in carrying out its duties and responsibilities, have used the IA Audit Management System AMS, which is an application system for documenting the implementation of risk- based audits online. Increasing the role of IA is done by improving quality assurance for the company’s operations through audit and non-audit activities. Audits are conducted to ensure that business risks that may occur can be addressed through efective internal controls. If deiciencies are found in the control of a business process andor the risk of spiraling out of control, then a substantive test is conducted, namely a further testing of the audit object in order to explore root causes. Moreover, as a consequence of listing of shares on the Indonesian Stock Exchange BEI and the New york Stock Exchange NySE, IA periodically carries out tests and audits of the efectiveness and adequacy of internal INTERNAL AUDIT CHARTER Telkom IA unit has been equipped with the Internal Audit Charter as a formal company document, which contains a description of the vision, mission, structure, status, tasks, responsibilities and authority of the IA, including requirements for IA auditor personnel. The drafting of the Internal Audit Charter is guided by international standards for the practice of the internal auditing profession issued by the Institute of Internal Auditors “IIA”, and has been approved by the President Director and the Audit Committee of the Board of Directors based on decision No.Tel. 09PW 000UTACOP-C00000002015 regarding the Internal Audit Charter. VISION, MISSION, TASKS AND RESPONSIBILITIES OF INTERNAL AUDIT Vision As a “Smart Partner” for Management, Business Unitwork Unit and subsidiaries in order to achieve the Company’s objectives as well as a driving force for the whole range of the Company and its subsidiaries in order to create a culture of discipline in implementing all provisions of the applicable legislationpolicyregulationsprocedures business processes. Mission 1. Provide services and internal audit consulting in a professional, objective and independent manner for Management, Business Unitwork Unit, and subsidiaries. 2. Provide assurance on the suitability of inancial reporting. 3. Actively guarding the implementation of internal control, providing support in raising GCG implementation, and evaluating the implementation of risk management.Parts
» Portfolio Strategy Our Portfolio Strategy is our strategy for the
» Parenting Strategy AR TELKOM 2015 ENG.
» THE AUDIT COMMITTEE AR TELKOM 2015 ENG.
» THE NOMINATION AND REMUNERATION COMMITTEE RISK PLANNING EVALUATION AND MONITORING COMMITTEE
» Ownership of Stocks by Directors and Commissioners Shareholders with Less than 5 Ownership
» Proportion of Common Stock Held in Indonesia and Abroad
» List of the 20 Biggest Public Shareholders
» Employee Stock Ownership Program
» Purchases of Equity Securities by The Issuer and Ailiated Purchasers
» Corporate Oice AR TELKOM 2015 ENG.
» Corporate Secretary AR TELKOM 2015 ENG.
» Internal Auditor AR TELKOM 2015 ENG.
» Sekretariat of President Director
» Director of Human Capital Management
» Director of Consumer Service
» Directorate of Wholesale International Business Service
» Director of Innovations Strategic Portfolio
» Director of Network IT Solution
» Director of Enterprise Business Service
» Director of Finance AR TELKOM 2015 ENG.
» Finance Billing Collection Center FBCC
» Human Capital Business Partner Center
» Telkom Corporate University Center
» Supply Center AR TELKOM 2015 ENG.
» Digital Service Division AR TELKOM 2015 ENG.
» Community Development Center CDC
» Assessment Center Indonesia AR TELKOM 2015 ENG.
» Information System Center ISC
» Enterprise Service Division AR TELKOM 2015 ENG.
» Business Service Division AR TELKOM 2015 ENG.
» Government Service Division AR TELKOM 2015 ENG.
» Wholesale Service Division AR TELKOM 2015 ENG.
» Planning Deployment Division AR TELKOM 2015 ENG.
» Service Solution Division AR TELKOM 2015 ENG.
» Operation Service Division AR TELKOM 2015 ENG.
» Regional I Division of Sumatera
» Telkom Area Western North Sumatera
» Telkom Area Lampung AR TELKOM 2015 ENG.
» Telkom Area Eastern North Sumatera
» Telkom Area Nanggroe Aceh Darussalam
» Telkom Area Jambi AR TELKOM 2015 ENG.
» Telkom Area Bengkulu AR TELKOM 2015 ENG.
» Regional Division II Jakarta
» Telkom Area West Banten Serang
» Telkom Area East Banten Tangerang
» Telkom Area West Java of Northern
» Telkom Area Western West Java
» Regional Division III West Java
» Telkom Area Northern West Java
» Telkom Area Southern West Java
» Telkom Area Central West Java
» Telkom Area Eastern West Java
» Telkom Area West Java of Eastern South
» Regional Division IV Central Java DI Yogyakarta
» Telkom Area Central Java of Western North
» Telkom Area Central Java of Wester South
» Telkom Area Northern Central Java
» Telkom Area Central Java of Eastern North
» Telkom Area Southern Central Java
» Telkom Area Yogyakarta AR TELKOM 2015 ENG.
» Telkom Area Central Java of Eastern South
» Regional Division V East Java
» Telkom Area Western East Java Telkom Area Southern East Java
» Telkom Area Northern East Java
» Telkom Area East Java Suramadu
» Telkom Area East Java of Central East
» Telkom Area Eastern East Java
» Telkom Area East Java of Southern East
» Telkom Area West Nusa Tenggara
» Telkom Area East Nusa Tenggara
» Telkom Area Central East Borneo
» Telkom Area Northern East Borneo
» Telkom Area Southern East Borneo
» Regional Division VII Eastern Indonesia Area
» Telkom Area Western South Sulawesi
» Telkom Area Central Sulawesi
» Telkom Area Southeast Sulawesi
» Telkom Area North Sulawesi North Maluku
» Telkom Area Maluku AR TELKOM 2015 ENG.
» Telkom Area Papua AR TELKOM 2015 ENG.
» PT Telekomunikasi Selular Telkomsel
» PT Telekomunikasi Indonesia Internasional Telin
» PT Infrastruktur Telekomunikasi Indonesia Telkom Infra
» PT Multimedia Nusantara Telkommetra
» PT Dayamitra Telekomunikasi Mitratel
» PT Infomedia Nusantara Infomedia
» PT Metra Digital Media MD Media
» PT Metra-Net Metranet AR TELKOM 2015 ENG.
» PT Administrasi Medika AdMedika
» 6,7 Telin Kingdom Saudi Arabia
» Mobile services AR TELKOM 2015 ENG.
» Fixed services AR TELKOM 2015 ENG.
» Interconnection international traic AR TELKOM 2015 ENG.
» Network Infrastructure AR TELKOM 2015 ENG.
» Digital Enterprise Product Portfolio
» Mobile cellular telephone tarifs
» interconnection tarifs Digital Consumer
» network lease tarifs Digital Consumer
» Contact centers AR TELKOM 2015 ENG.
» partnership Stores AR TELKOM 2015 ENG.
» Authorized dealers and retail outlets
» Account Manager AR TELKOM 2015 ENG.
» Sales Specialist AR TELKOM 2015 ENG.
» Tele Account Management AR TELKOM 2015 ENG.
» Channel Partner AR TELKOM 2015 ENG.
» Digital Touch Point AR TELKOM 2015 ENG.
» Current Liabilities Liabilities dan Equity
» Non Current Liabilities Equity
» Current Assets Non Current Assets
» Non Current Liabilities Liabilities dan Equity
» Cellular Telephone Revenues Cellular telephone revenues increased by Rp2,995
» Fixed Lines Revenues Fixed lines revenues decreased by Rp602 billion, or
» Data, Internet and Information Technology Services Revenues 3
» Interconnection Revenues Interconnection revenues comprised interconnection
» Other Telecommunications Services Revenues In 2015, revenues from other telecommunications
» Personnel Expenses Personnel expenses increased by Rp2,087 billion, Interconnection Expense
» Operating Proit and operating proit Margin proit before income tax and pre-tax Margin
» Income Tax Expense AR TELKOM 2015 ENG.
» Other Comprehensive Income AR TELKOM 2015 ENG.
» Proit for the year attributable to owners of the parent Company
» proit for the year attributable to non- controlling interest
» net Comprehensive income for the year
» Data, Internet and Information Technology Services Revenues
» Operations, Maintenance and Expenses
» Depreciation and Amortization Expenses
» Comprehensive income for the year net income per Share
» Dividend Dividen yang kami umumkan untuk dibagikan dari
» Capital Gains AR TELKOM 2015 ENG.
» Stamp Duty Stock transactions in Indonesia is subject to stamp
» Threshold Classiication of passive foreign investment Company “piap”
» Dividends Any distribution of cash dividends paid by the Company
» Consequences of a PIAP In the event that the Company is classiied as a PIAP
» Investment Income Tax Reserves and Information Disclosure Requirements
» Metra On November 30, 2015, Metra acquired 13,850 shares of
» Expansion Telin On May 19, 2015, Pachub Acquisition Co. On
» Divestation Telin On May 19, 2015, Pachub Acquisition Co. On
» Acquisition Telin On May 19, 2015, Pachub Acquisition Co. On
» Bond Issued Telin On May 19, 2015, Pachub Acquisition Co. On
» land rights Based on PSAK, land rights is listed as a ixed asset and
» transaction with related parties Based on Bapepam-LK Regulation No. VIII.G.7 regarding
» Telecommunications Law AR TELKOM 2015 ENG.
» Telecommunications Regulators AR TELKOM 2015 ENG.
» Classiication and licensing of telecommunications providers
» introduction of Competition in the indonesian telecommunications industry
» DlD Services AR TELKOM 2015 ENG.
» Cellular Interconnection AR TELKOM 2015 ENG.
» VoIP IPTV AR TELKOM 2015 ENG.
» Satellite AR TELKOM 2015 ENG.
» Consumer Protection USO AR TELKOM 2015 ENG.
» Telecommunication Regulatory Charges AR TELKOM 2015 ENG.
» Telecommunications Towers AR TELKOM 2015 ENG.
» The implementation of e-learning and assessment
» Spiritual Capital Management Content Provider Service
» Gratiication Control Content Provider Service
» Internal Control Content Provider Service
» Corporate Strategic Scenario “CSS”
» Enterprise Risk Management AR TELKOM 2015 ENG.
» Board of Directors measures requiring the approval of the Board of Commissioners
» Management Report on Internal Control over Financial Reporting
» Attestation Report of the Registered Public Accounting Firm
» Changes in Internal Control over Financial Reporting
» Eforts to add value to the management of the company
» Enterprise Risk Management ERM Governance
» The process of building and maintaining Enterprise Risk Management ERM
» Assessment of the Efectiveness of the implementation of risk management
» sharing session and recognition of external parties
» development of risk management Competence
» tools usageinformation system AR TELKOM 2015 ENG.
» Macro Economic Risks AR TELKOM 2015 ENG.
» Disaster Risks AR TELKOM 2015 ENG.
» Other Risks AR TELKOM 2015 ENG.
» Operational Risks AR TELKOM 2015 ENG.
» Financial Risks AR TELKOM 2015 ENG.
» Regulation Risks AR TELKOM 2015 ENG.
» Risks Related to Our Fixed and Cellular Telecommunication Business
» Violation of Regulations Risks Related to Development of New Businesses
» Fraud andor corruption allegation
» INDONESIAN LEGAL REVIEW Code of Ethics
» COMPOSITION OF INDEPENDENT DIRECTORS AND COMMISSIONERS
» DISCLOSURE IN RELATION WITH CORPORATE GOVERNANCE CODE OF ETHICS AND BUSINESS CONDUCT
» Efectiveness of the Distribution of Partnership Program Fund
» Partnership Program Refund Collectability
» Assistance for Victims of Natural Disasters
» Education and Training Assistance Public Health Assistance
» Assistance to Public Facilities
» Promotion and Marketing The Company provided development assistance in
» Assistance in Poverty Alleviation GENERAL a. Establishment and general information
» GENERAL continued a. Establishment and general information continued
» GENERAL continued b. Company
» GENERAL continued d. Subsidiaries continued
» Transactions with related parties
» SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued d. Business combinations continued
» SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued e. Cash and cash equivalents
» SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued g. Trade and other receivables
» Property and equipment SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued k. Intangible assets
» Leases SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued l.
» Deferred charges - land rights
» Borrowings SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued m. Leases continued
» SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued u. Financial instruments continued
» SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued v. Treasury stock
» BUSINESS COMBINATIONS CASH AND CASH EQUIVALENTS
» CASH AND CASH EQUIVALENTS continued
» OTHER CURRENT FINANCIAL ASSETS TRADE RECEIVABLES
» TRADE RECEIVABLES continued TRADE RECEIVABLES continued INVENTORIES 2015
» ADVANCES AND PREPAID EXPENSES 2015
» LONG-TERM INVESTMENTS AR TELKOM 2015 ENG.
» LONG-TERM INVESTMENTS continued AR TELKOM 2015 ENG.
» LONG-TERM INVESTMENTS continued PROPERTY AND EQUIPMENT continued
» PROPERTY AND EQUIPMENT continued
» PROPERTY AND EQUIPMENT continued PROPERTY AND EQUIPMENT continued
» PROPERTY AND EQUIPMENT continued INTANGIBLE ASSETS
» TRADE PAYABLES 2014 ACCRUED EXPENSES 2015 UNEARNED INCOME 2015
» SHORT-TERM BANK LOANS AR TELKOM 2015 ENG.
» SHORT-TERM BANK LOANS continued TWO-STEP LOANS continued
» BANK LOANS BANK LOANS continued
» BANK LOANS continued AR TELKOM 2015 ENG.
» BANK LOANS continued BANK LOANS continued
» NON-CONTROLLING INTERESTS continued CAPITAL STOCK
» ADDITIONAL PAID-IN CAPITAL 2015 TREASURY STOCK continued
» REVENUES continued 2015 AR TELKOM 2015 ENG.
» PERSONNEL EXPENSES AR TELKOM 2015 ENG.
» GENERAL AND ADMINISTRATIVE EXPENSES TAXATION TAXATION continued
» TAXATION continued TAXATION continued
» TAXATION continued AR TELKOM 2015 ENG.
» TAXATION continued BASIC AND DILUTED EARNINGS PER SHARE
» Prepaid pension benefit costs
» CASH DIVIDENDS AND GENERAL RESERVE POST-EMPLOYMENT HEALTH CARE BENEFITS PROVISIONS
» POST-EMPLOYMENT HEALTH CARE BENEFITS PROVISIONS continued
» POST-EMPLOYMENT HEALTH CARE BENEFITS PROVISIONS continued RELATED PARTY TRANSACTIONS
» 6,316 2015 RELATED PARTY TRANSACTIONS continued b. Transactions with related parties
» 766 2015 RELATED PARTY TRANSACTIONS continued
» 915 RELATED PARTY TRANSACTIONS continued
» 640 RELATED PARTY TRANSACTIONS continued
» 897 RELATED PARTY TRANSACTIONS continued b. Transactions with related parties continued
» Significant agreements with related parties continued
» OPERATING SEGMENT AR TELKOM 2015 ENG.
» OPERATING SEGMENT continued AR TELKOM 2015 ENG.
» TELECOMMUNICATIONS SERVICE TARIFFS AR TELKOM 2015 ENG.
» TELECOMMUNICATIONS SERVICE TARIFFS continued c. Interconnection tariffs
» SIGNIFICANT COMMITMENTS AND AGREEMENTS SIGNIFICANT COMMITMENTS AND AGREEMENTS continued
» Others SIGNIFICANT COMMITMENTS AND AGREEMENTS continued b. Borrowings and other credit facilities
» SIGNIFICANT COMMITMENTS AND AGREEMENTS continued c. Others continued
» CONTINGENCIES continued AR TELKOM 2015 ENG.
» ASSETS AND LIABILITIES DENOMINATED IN FOREIGN CURRENCIES continued
» FINANCIAL RISK MANAGEMENT continued FINANCIAL RISK MANAGEMENT continued
» FINANCIAL RISK MANAGEMENT continued
» CAPITAL MANAGEMENT continued AR TELKOM 2015 ENG.
» Related party transactions SUBSEQUENT EVENTS
» Pendirian dan Informasi Umum
» Establishment and INFORMASI MENGENAI UNIT COMMUNITY
» Kegiatan Utama INFORMASI MENGENAI UNIT COMMUNITY
» Primary Activities INFORMASI MENGENAI UNIT COMMUNITY
» INFORMASI MENGENAI UNIT COMMUNITY DEVELOPMENT CENTER lanjutan
» Kegiatan Utama lanjutan INFORMATION OF
» Primary Activities continued INFORMATION OF
» Funding Resources INFORMATION OF
» Susunan Pengelola INFORMATION OF
» Management Structure INFORMATION OF
» Susunan Pengelola lanjutan INFORMATION OF COMMUNITY
» Management Structure INFORMATION OF COMMUNITY
» Otorisasi Penerbitan Laporan Keuangan
» Authorization of the Issuance of Financial Statement
» IKHTISAR KEBIJAKAN AKUNTANSI YANG SIGNIFIKAN
» Dasar Penyusunan Laporan Keuangan
» Basis of Preparation of Financial Statements Kas dan Setara Kas
» IKHTISAR KEBIJAKAN AKUNTANSI YANG SIGNIFIKAN lanjutan
» Pinjaman SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued
» Loan SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued
» Pinjaman lanjutan SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued
» Loan continued SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued
» Penyisihan Penurunan Nilai Pinjaman Allowance for Impairment of Loan
» Penyisihan Penurunan Nilai Pinjaman Aset Tetap Tidak Berfungsi
» Pinjaman Bermasalah SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued
» Troubled Loan SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued
» Beban Akrual SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued
» Accrued Expenses SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued
» Angsuran Belum Teridentifikasi SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued
» Unidentified Installments SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued
» Kelebihan Pembayaran Angsuran SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued
» Overpayment of SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued
» Utang SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued
» Aset Neto SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued
» Net SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued
» Pendapatan dan Beban SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued
» Revenue and Expense Pendapatan
» Perpajakan Taxation SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued
» PENGGUNAAN PERTIMBANGAN, ESTIMASI AR TELKOM 2015 ENG.
» CASH AND CASH EQUIVALENT continued
» PINJAMAN AR TELKOM 2015 ENG.
» LOAN TO OTHER FOSTER SOE DISTRIBUTING PARTNERS
» PINJAMAN KEPADA BUMN PEMBINA
» PINJAMAN KEPADA MITRA BINAAN
» Loan to Foster Partners Classified by Community Development CD Area
» PINJAMAN KEPADA MITRA BINAAN lanjutan
» Loan to Foster Partners Classified by Sector
» Pendapatan Jasa Administrasi Pinjaman Loan Administration Service Income
» Penyisihan Pinjaman Kepada Mitra Binaan
» Allowance for Impairment of Loan to Foster Partners
» Allocation of Allowance for Impairment of Loan
» FIXED ASSET NOT IN USE Mutasi Tahun 2015 2015 2014
» PINJAMAN BERMASALAH AR TELKOM 2015 ENG.
» TROUBLED LOAN AR TELKOM 2015 ENG.
» PINJAMAN BERMASALAH lanjutan AR TELKOM 2015 ENG.
» TROUBLED LOAN continued AR TELKOM 2015 ENG.
» LIABILITAS LANCAR LAINNYA AR TELKOM 2015 ENG.
» OTHER CURRENT LIABILITIES AR TELKOM 2015 ENG.
» LIABILITAS LANCAR LAINNYA lanjutan
» OTHER CURRENT LIABILITIES continued Pengembalian dana Program BUMN Peduli
» BEBAN AKRUAL ACCRUED EXPENSES
» ANGSURAN BELUM TERIDENTIFIKASI UNIDENTIFIED INSTALLMENTS
» KELEBIHAN PEMBAYARAN ANGSURAN OVERPAYMENT OF INSTALLMENTS
» UTANG LAIN - LAIN OTHER PAYABLE
» Program Kemitraan Partnership Program
» Bina Lingkungan PENDAPATAN BUNGA INTEREST INCOME
» Community Development PENDAPATAN BUNGA INTEREST INCOME
» PENDAPATAN LAIN-LAIN OTHER INCOME
» DANA PEMBINAAN KEMITRAAN FOSTERING PARTNERSHIP FUNDS
» PENYALURAN DANA BINA LINGKUNGAN
» PENYALURAN DANA BINA LINGKUNGAN lanjutan
» COMMUNITY DEVELOPMENT FUNDS AR TELKOM 2015 ENG.
» BEBAN PEMBINAAN EMPOWERMENT EXPENSES
» BEBAN ADMINISTRASI DAN UMUM GENERAL AND ADMINISTRATION EXPENSES
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