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
75
27. TREASURY STOCK
continued The Company has planned to retain, sell or use the treasury stock for other purposes in accordance
with BAPEPAM-LK Regulation No. XI.B.2 and under Law No. 402007 on Limited Liability Companies.
Pursuant to the AGM of Stockholders of the Company dated June 11, 2010, the stockholders approved the changes to the Company’s plan for used of the treasury stock as result of the Share
Buy Back I, II and III, as follows: i market placement; ii cancellation; iii equity conversion; and iv funding.
28. DIFFERENCE IN VALUE ARISING FROM RESTRUCTURING TRANSACTIONS AND OTHER TRANSACTIONS BETWEEN ENTITIES UNDER COMMON CONTROL
The balance of this account amounting to Rp.478,000 million arose from the early termination of the Company’s exclusive rights to provide local and domestic fixed line telecommunication services. As
discussed in Note 1a, on December 15, 2005, the Company signed an Agreement on Implementation of Compensation for Termination of Exclusive Rights with the State MoCI - DGPT, which was
amended on October 18, 2006. Pursuant to this agreement, the Government agreed to pay Rp.478,000 million, net of tax, to the Company over a five-year period. In addition, the Company is
required by the Government to use the funds received from this compensation for the development of telecommunication infrastructure. As of December 31, 2010 and March 31, 2011, the development of
the related infrastructure amounted to Rp.537,304 million respectively.
As of December 31, 2010 and March 31, 2011, the Company has received an aggregate of Rp.478,000
million, respectively, in relation to the compensation for the early
termination of exclusivity rights, made up of annual payments of Rp.90,000 million from 2005 to 2008 and Rp.118,000 million on August 25, 2009, respectively. The Company recorded these amounts in
“Difference in value arising from restructuring transactions and other transactions between entities under common control” in the Stockholders’ Equity section. These amounts are recorded as a
component of Stockholders’ Equity because the Government is the majority and controlling stockholder of the Company.
29. TELEPHONE REVENUES 2010
2011
Fixed lines Usage charges
2,377,753 2,046,020
Monthly subscription charges 849,342
786,546 Installation charges
23,115 35,507
Others 57,852
61,506 Total
3,308,062 2,929,579
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
76
29. TELEPHONE REVENUES
continued
2010 2011
Cellular Usage charges
6,352,216 6,424,860
Features 193,653
185,229 Monthly subscription charges
107,575 144,309
Connection fee charges 37,776
379 Total
6,691,220 6,754,777
Total Telephone Revenues 9,999,282
9,684,356
as restated, refer to Note 2p
30. INTERCONNECTION REVENUES
2010 2011
Domestic interconnection and transit 753,499
504,072 International interconnection
297,183 342,011
Total 1,050,682
846,083
as restated, refer to Note 2p
Based on the MoCI Regulation No. 08PerM.KOMINFO022006, the implementation of a cost-based interconnection tariff is applicable beginning January 1, 2007 Note 47.
Refer to Note 44 for details of related party transactions. 31. DATA, INTERNET AND INFORMATION TECHNOLOGY SERVICES REVENUES
2010 2011
Short Messaging Services “SMS” 2,786,459
3,077,450 Internet, data communication and information technology
services 1,925,006
2,304,985 VoIP
38,664 63,927
e-Business 14,297
5,511
Total 4,764,426
5,451,873
as restated, refer to Note 2p
