PERUSAHAAN PERSEROAN PERSERO PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS As of June 30, 2017 and For the Six Months Period Then Ended unaudited
Figures in tables are expressed in billions of Rupiah, unless otherwise stated
42
8. LONG-TERM INVESTMENTS continued
b
Indonusa had been a subsidiary of the Company until 2013 when the Company disposed 80 of its interest in Indonusa. On May 14, 2014, based on the Circular Resolution of the Stockholders of Indonusa as covered by notarial deed No. 57
dated April 23, 2014 of FX Budi Santoso Isbandi, S.H., which was approved by the MoLHR in its Letter No. AHU-
02078.40.20.2014 dated April 29, 2014, Indonusa’s stockholders approved an increase in its issued and fully paid capital by Rp80 billion. The Company waived its right to own the new shares issued and transferred it to Metra and, as a result,
Metra’s ownership in Indonusa increased to 4.33.
c
Investment in Teltranet is accounted for under the equity method, which covered by an agreement between Metra and Telstra Holding Singapore Pte. Ltd. dated August 29, 2014. Teltranet is engaged in communication system services. Metra does not
have control as it does not determine the financial and operating policies of Teltranet.
d
Melon previously was an associated company. In 2016, the Group purchased 49 state in Melon through Metranet this Melon became a consolidated subsidiary Note 1d
e
ILCS is engaged in providing E-trade logistic services and other related services.
f
Telin Malaysia is engaged in telecommunication services in Malaysia. The unrecognized share of losses of Telin Malaysia for the year ended June 30, 2017 is Rp8 billion.
g
CSM is engaged in providing Very Small Aperture Terminal “VSAT”, network application services and consulting services on telecommunications technology and related facilities. The unrecognized share of losses of CSM for the year ended
December 31, 2016 is Rp219 billion.
9. PROPERTY AND EQUIPMENT
January 1, 2017 Additions
Deductions Reclassifications
Translations June 30, 2017
At cost: Directly acquired assets
Land rights 1,417
12 -
- 1,429
Buildings 7,837
8 -
309 8,154
Leasehold improvements 1,116
16 21
42 1,153
Switching equipment 20,490
163 864
414 20,203
Telegraph, telex and data communication equipment
1,586 -
- 3
1,583 Transmission installation and equipment
121,552 701
1,084 6,680
127,849 Satellite, earth station and equipment
8,445 40
- 3,340
11,825 Cable network
44,791 2,148
167 83
46,689 Power supply
15,022 26
170 669
15,547 Data processing equipment
12,515 35
164 573
12,959 Other telecommunications peripherals
700 96
- -
796 Office equipment
1,453 79
29 91
1,412 Vehicles
387 48
3 6
438 Other equipment
100 -
- 1
99 Property under construction
4,550 9,479
76 8,859
5,094
Assets under finance lease
Transmission installation and equipment 5,354
182 -
20 5,516
Data processing equipment 84
- 52
- 32
Vehicles 135
16 -
1 150
Office equipment 76
- -
- 76
CPE assets 22
- -
- 22
Power supply 215
- -
- 215
RSA assets 252
- -
- 252
Total 248,099
13,049 2,630
2,975 261,493
January 1, 2017 Additions
Deductions Reclassifications
Translations June 30, 2017
Accumulated depreciation and impairment losses:
Directly acquired assets
Buildings 2,435
158 -
5 2,588
Leasehold improvements 692
71 19
- 744
Switching equipment 16,650
699 862
5 16,482
Telegraph, telex and data communication equipment
333 179
- -
512 Transmission installation and equipment
62,302 5,108
993 30
66,387 Satellite, earth station and equipment
7,098 255
- 1
7,352 Cable network
20,301 829
166 121
20,843 Power supply
10,164 613
113 4
10,660 Data processing equipment
9,468 625
152 -
9,941 Other telecommunications peripherals
461 48
- -
509 Office equipment
846 88
21 3
910 Vehicles
168 31
2 2
195 Other equipment
99 -
- -
99
Assets unde finance lease
Transmission installation and equipment 2,054
289 -
- 2,343
Data processing equipment 44
15 -
- 59
Vehicles 32
14 -
- 46
Office equipment 94
18 41
- 71
CPE assets 19
1 -
- 20
Power supply 98
11 -
- 109
RSA assets 243
6 -
- 249
Total 133,601
9,058 2,369
171 140,119
Net Book Value 114,498
121,374
PERUSAHAAN PERSEROAN PERSERO PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS As of June 30, 2017 and For the Six Months Period Then Ended unaudited
Figures in tables are expressed in billions of Rupiah, unless otherwise stated
43
9. PROPERTY AND EQUIPMENT continued
January 1, 2016
Acquisition Additions
Deductions Reclassifications
Translations December 31,
2016 At cost:
Directly acquired assets
Land rights 1,270
89 59
1 -
1,417 Buildings
6,033 10
311 3
1,486 7,837
Leasehold improvements 1,036
- 13
37 104
1,116 Switching equipment
19,823 -
218 160
609 20,490
Telegraph, telex and data communication equipment
876 -
751 41
- 1,586
Transmission installation and equipment 119,047
- 2,603
11,319 11,221
121,552 Satellite, earth station and equipment
8,146 -
80 -
219 8,445
Cable network 37,887
- 6,746
302 460
44,791 Power supply
13,822 -
161 77
1,116 15,022
Data processing equipment 11,351
12 318
82 916
12,515 Other telecommunications peripherals
632 -
73 -
5 700
Office equipment 1,062
5 139
12 259
1,453 Vehicles
475 -
60 147
1 387
Other equipment 99
- 1
- -
100 Property under construction
4,580 -
17,169 -
17,199 4,550
Assets under finance lease
Transmission installation and equipment 5,940
- 229
815 -
5,354 Data processing equipment
63 -
77 56
- 84
Vehicles 94
- 63
22 -
135 Office equipment
73 -
3 -
- 76
CPE assets 22
- -
- -
22 Power supply
90 -
125 -
- 215
RSA assets 252
- -
- -
252 Total
232,673 116
29,199 13,074
815 248,099
January 1, 2016
Acquisition Additions
Deductions Reclassifications
Translations December 31,
2016 Accumulated depreciation and impairment
losses: Directly acquired assets
Buildings 2,141
- 290
2 6
2,435 Leasehold improvements
623 -
106 37
- 692
Switching equipment 15,223
- 1,588
160 1
16,650 Telegraph, telex and data communication
equipment 4
- 329
- -
333 Transmission installation and equipment
63,063 -
9,957 10,686
32 62,302
Satellite, earth station and equipment 6,706
- 415
- 23
7,098 Cable network
19,524 -
1,534 302
455 20,301
Power supply 9,114
- 1,145
70 25
10,164 Data processing equipment
8,503 -
1,067 62
40 9,468
Other telecommunications peripherals 385
- 77
- 1
461 Office equipment
713 -
141 11
3 846
Vehicles 166
- 69
66 1
168 Other equipment
99 -
- -
- 99
Assets unde finance lease
Transmission installation and equipment 2,327
- 542
815 -
2,054 Data processing equipment
53 -
47 56
- 44
Vehicles 13
- 19
- -
32 Office equipment
51 -
43 -
- 94
CPE assets 17
- 2
- -
19 Power supply
18 -
80 -
- 98
RSA assets 230
- 13
- -
243 Total
128,973 -
17,464 12,267
569 133,601
Net Book Value 103,700
114,498