TRADE RECEIVABLES continued FS TLKM Q3 2014engl

PERUSAHAAN PERSEROAN PERSERO PT TELEKOMUNIKASI INDONESIA Tbk AND ITS SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS As of September 30, 2014 and for the Nine months Period Then Ended unaudited Figures in tables are expressed in billions of rupiah, unless otherwise stated 50

9. ASSET HELD FOR SALE

This account represents the carrying amount of Telkomsel’s equipment to be exchanged with equipment of Nokia Siemens Network Oy “NSN Oy” and PT Huawei Tech Investment “PT Huawei”. The amount will be used as part of the settlement for the acquisition of equipment from these companies. In addition, land of Sigma Citra Caraka located in residential of Alam Sutera will be diverted to PT Graha Indah Semesta. The transaction is in progress and expected to be completed on December 15, 2014. In 2014, SCC’s land and Telkomsel’s equipment with net carrying amount of Rp65 billion Note 11c.vi and Rp17 billion respectively are reclassified to asset held for sale. Asset held for sale is presented under personal and corporate segment Note 38.

10. LONG-TERM INVESTMENTS

September 30, 2014 Share of net loss Percentage profit of of Beginning Addition associated Translation Ending ownership balance deduction company adjustment balance Long-term investments in associated companies: Indonusa a 20.00 189 32 - - 221 PT Melon Indonesia “Melon” b 51.00 39 - 3 - 42 ILCS c 49.00 37 - 6 - 31 Telin Malaysia d 49.00 18 4 16 5 1 CSM e 25.00 - - - - - PSN f 14.60 - - - - - Tiphone i 25.00 - 1,394 6 - 1,400 Sub-total 283 1,430 13 5 1,695 Other long-term investments 21 - - - 21 Total long-term investments 304 1,430 13 5 1,716 September 30, 2014 Assets Liabilities Revenue Gain loss Long-term investments in associated companies: Indonusa a 575 789 271 62 Melon b 129 47 92 6 ILCS c 85 22 73 13 Telin Malaysia d 6 2 7 32 CSM e 1,273 1,387 229 136 PSN f 1,130 2,033 271 14 Tiphone i 4,700 2,879 6,313 25 Total 7,898 7,159 7,256 226 Assets, liabilities and revenue of Tiphone were disclosed based on financial statement of Tiphone as of June 30, 2014. PERUSAHAAN PERSEROAN PERSERO PT TELEKOMUNIKASI INDONESIA Tbk AND ITS SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS As of September 30, 2014 and for the Nine months Period Then Ended unaudited Figures in tables are expressed in billions of rupiah, unless otherwise stated 51

10. LONG-TERM INVESTMENTS continued

December 31, 2013 Share of net loss Percentage profit of of Beginning Addition associated Translation Ending ownership balance deduction company Dividend adjustment balance Long-term investments in associated companies: Indonusa a 20.00 - 182 7 - - 189 PT Melon Indonesia “Melon” b 51.00 42 - 3 - - 39 ILCS c 49.00 48 - 11 - - 37 Telin Malaysia d 49.00 - 20 6 - 4 18 CSM e 25.00 20 - 20 - - - PSN f 22.38 - - - - - - Patrakom g 40.00 46 46 2 2 - - Scicom h 29.71 98 88 2 3 9 - Sub-total 254 68 29 5 5 283 Other long-term investments 21 - - - - 21 Total long-term investments 275 68 29 5 5 304 December 31, 2013 Assets Liabilities Revenue Loss Long-term investments in associated companies: Indonusa a 655 669 363 124 Melon b 90 22 73 6 ILCS c 88 13 4 22 Telin Malaysia d 37 1 11 CSM e 1,273 1,387 306 181 PSN f 817 2,148 462 55 Total 2,960 4,240 1,208 399 a Indonusa had been the Company’s subsidiary until 2013 when the Company disposed 80 of its interest in Indonusa Notes 1d and 3. b Melon is engaged in providing Digital Content Exchange Hub services “DCEH”. As a result of the existence of substantive participating rights held by the other venturer over the significant financial and operating policies of Melon, Metra does not have control over Melon. c ILCS is engaged in providing E-trade logistic services and other related services. d Telin Malaysia is engaged in telecommunication services in Malaysia. e CSM is engaged in providing Very Small Aperture Terminal “VSAT”, network application services and consulting services on telecommunications technology and related facilities. f PSN is engaged in providing satellite transponder leasing and satellite-based communication services in the Asia-Pacific Region. The Company’s share in losses of PSN has exceeded the carrying amount of its investment since 2001; accordingly, the investment value has been reduced to Rp nil. The unrecognized share of losses of PSN for nine months period ended September 30, 2014 and 2013 are Rp300 billion and Rp920 billion, respectively. g Patrakom has been engaged in providing satellite communication system services, related services and facilities to companies in the petroleum industry. Starting in 2013, Patrakom has been consolidated Notes 1d and 3. h Scicom is engaged in providing call center services in Malaysia. On September 19, 2013, the Company sold its investment in Scicom MSC Berhad-Malaysia Scicom, with the proceeds of disposal and the carrying amount of the investment on the date of disposal amounting to Rp153 billion and Rp88 billion, respectively, resulting in a gain of Rp65 billion. i Tiphone was established on June 25, 2008 as Tiphone Mobile Indonesia Tbk. It is enganged in services trade device telecommunication in the form of cellular phone telephone including spare parts, accessories, pulse, and services repairs and content providers through its subsidiaries Note 1d.