PERUSAHAAN PERSEROAN PERSERO P.T. TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS continued SEPTEMBER 30, 2005 AND 2006, AND FOR THE NINE MONTHS PERIOD ENDED
SEPTEMBER 30, 2005 AND 2006 Figures in tables are presented in millions of Rupiah, unless otherwise stated
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17. TRADE ACCOUNTS
PAYABLE 2005
2006
Related parties Payables to other telecommunications providers
35,197 108,025
Concession fees 488,704
694,727 Purchases of equipment, materials and services
220,871 161,424
Total 744,772
964,176 Third parties
Purchases of equipment, materials and services 2,635,085
3,349,455 Payables related to revenue-sharing arrangements
213,220 99,689
Payables to other telecommunication providers 157,198
243,678 Total
3,005,503 3,692,822
Total 3,750,275
4,656,998 Trade accounts payable by currency are as follows:
2005 2006
Rupiah 2,281,830
3,912,004 U.S. Dollar
1,371,402 500,104
Euro 94,930
243,183 Singapore Dollar
1,298 1,178
Great British Pound Sterling 3
493 Japanese Yen
812 -
Dutch Guilder -
36 Total
3,750,275 4,656,998
Refer to Note 46 for details of related party transactions.
PERUSAHAAN PERSEROAN PERSERO P.T. TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS continued SEPTEMBER 30, 2005 AND 2006, AND FOR THE NINE MONTHS PERIOD ENDED
SEPTEMBER 30, 2005 AND 2006 Figures in tables are presented in millions of Rupiah, unless otherwise stated
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18. ACCRUED EXPENSES
2005 2006
Salaries and benefits 462,418
673,098 Operations, maintenance and telecommunications services
653,503 625,820
General, administrative and marketing 282,553
527,533 Interest and bank charges
232,959 234,264
Total 1,631,433
2,060,715 19. UNEARNED
INCOME 2005
2006
Prepaid pulse reload vouchers 1,585,880
1,926,348 Other telecommunication services
5,030 4,158
Other 8,240
51,653 Total
1,599,150 1,982,159
20. SHORT-TERM BANK
LOANS 2005
2006
The Hongkong and Shanghai Banking Corporation HSBC 505,190
- Bank Central Asia
170,000 350,000
Bank Mandiri -
350,000 Bank BNI
- 300,000
Bank Niaga -
13,100 Bank Bumiputera Indonesia
- 8,000
Total 675,190
1,021,100 a. The Hongkong and Shanghai Banking Corporation “HSBC”
On December 20, 2004, the Company entered into a revolving loan agreement with HSBC for a maximum facility of Rp500,000 million. The facility is available for withdrawal until January 20,
2005 and any amount drawn down under this facility is payable within 6 months from the withdrawal date. The facility bore interest at a rate equal to one-month Certificate of Bank
Indonesia plus 1 on the amount drawn down and was payable at the maturity date of the loan.
On March 28, 2005, the maximum facility was amended to provide principal of Rp100,000 million with interest rate at one-month Certificate of Bank Indonesia plus 1, and US49.0 million with
interest rate at LIBOR plus 1.8.
On January 20, 2005 and April 14, 2005, the Company drew down Rp100,000 million and US49.0 million, respectively. As of September 30, 2005, the principal outstanding amounted to
Rp505,190 million. On October 14, 2005, the loan has been fully repaid and the loan agreement was terminated.
PERUSAHAAN PERSEROAN PERSERO P.T. TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS continued SEPTEMBER 30, 2005 AND 2006, AND FOR THE NINE MONTHS PERIOD ENDED
SEPTEMBER 30, 2005 AND 2006 Figures in tables are presented in millions of Rupiah, unless otherwise stated
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20. SHORT-TERM BANK
