PERUSAHAAN PERSEROAN PERSERO PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS AS OF JUNE 30, 2013 UNAUDITED AND FOR SIX MONTHS PERIOD ENDED
WITH COMPARATIVE FIGURES AS OF DECEMBER 31, 2012 AUDITED AND FOR SIX MONTHS PERIOD ENDED JUNE 30, 2012 UNAUDITED
Figures in tables are presented in billions of Rupiah, unless otherwise stated
90
37. RELATED PARTY TRANSACTIONS
In the normal course of its business, the Company and subsidiaries entered into transactions with related parties. It is the Companys policy that the pricing of these transactions be the same as those
of arm s-length transactions.
a. Nature of relationships and accountstransactions with related parties
Details of the nature of relationships and transactionsaccounts with significant related parties are as follows:
Nature of relationships Related parties
with related parties Nature of transactionsaccounts
The Government: Majority stockholder
Finance costs and investment on Minister of Finance
financial instruments State-owned enterprises
Entity under common control Operation expenses, purchase of property
and equipment, construction and installation services, insurance expense,
finance costs, finance income, investment on financial instruments
Indosat Entity under common control
Interconnection revenues, interconnection expenses, telecommunications facilities
usage, operating and maintenance cost, leased lines revenue, satellite transponders
usage revenues, usage of data communication network system expenses
and lease revenues
PT Aplikanusa Lintasarta Entity under common control
Network revenues, usage of data Lintasarta
communication network system expenses and leased lines expenses
Indosat Mega Media Entity under common control
Network revenues PT Sistelindo Mitralintas
Entity under common control Network revenues
CSM Associated company
Satellite transponders usage revenues, leased lines revenues, transmission lease
expenses Patrakom
Associated company Satellite transponders usage revenues,
leased lines revenues, transmission lease expenses
PSN Associated company
Satellite transponders usage revenues, leased lines revenues, transmission lease
expenses, interconnection revenues and interconnection expense
PT Industri Telekomunikasi Entity under common control
Purchase of property and equipment Indonesia INTI
PT Asuransi Jasa Indonesia Entity under common control
Insurance of property and equipment Jasindo
PT Jaminan Sosial Tenaga Kerja Entity under common control
Insurance expenses for employees Jamsostek
PT Perusahaan Listrik Negara Entity under common control
Electricity expenses Persero PLN
PT Pos Indonesia Entity under common control
Cost of SIM cards State-owned banks
Entity under common control Finance income and finance costs
BNI Entity under common control
Finance income and finance costs
PERUSAHAAN PERSEROAN PERSERO PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS AS OF JUNE 30, 2013 UNAUDITED AND FOR SIX MONTHS PERIOD ENDED
WITH COMPARATIVE FIGURES AS OF DECEMBER 31, 2012 AUDITED AND FOR SIX MONTHS PERIOD ENDED JUNE 30, 2012 UNAUDITED
Figures in tables are presented in billions of Rupiah, unless otherwise stated
91
37. RELATED PARTY TRANSACTIONS continued a.
Nature of relationships and transactionsaccounts with related parties continued
Nature of relationships Related parties
with related parties Nature of transactionsaccounts
Bank Mandiri Entity under common control
Finance income and finance costs BRI
Entity under common control Finance income and finance costs
BTN Entity under common control
Finance income and finance costs Bahana
Entity under common control Available-for-sale financial assets, bonds
and notes Koperasi Pegawai Telkom
Entity under common control Purchase of property and equipment,
Kopegtel construction and installation services,
leases of buildings, leases of vehicles, purchases of materials and construction
services, utilizes maintenance and cleaning services and RSA revenues
PT Sandhy Putra Makmur SPM Entity under common control
Leases of buildings, leases of vehicles, purchase of materials and construction
services, utilities maintenance and cleaning services
Koperasi Pegawai Telkomsel Entity under common control
Leases of vehicle, printing and distribution Kisel
of customer bills, collection, fee, and other services fee, distribution of SIM cards and
pulse reload vouchers PT Graha Informatika
Entity under common control Leased lines revenues, purchase of
Nusantara Gratika property and equipment,
installation and maintenance expense Directors and commissioners
Key management personnel Honorarium and facilities
Yakes Entity under significant
Medical expenses influence
b. Transactions with related parties
The following are significant transactions with related parties:
2013 2012
of of
Amount total revenues
Amount total revenues
REVENUES
Entity under common control Kisel
1,258 3.13
1,487 4.05
Indosat 530
1.32 435
1.18 Lintasarta
34 0.08
45 0.12
Sub total 1,822
4.53 1,967
5.35 Associated companies
Patrakom 45
0.11 37
0.10 CSM
17 0.04
27 0.07
Sub total 62
0.15 64
0.17 Others each below Rp30 billion
165 0.41
15 0.05
Total 2,049
5.09 2,046
5.57