External Liquidity Sources Our primary external sources of liquidity are short and

On January 1, 2014, the Group adopted new and revised PSAKs, which were effective in 2014. Changes to the Group’s accounting policies have been made as required in accordance with the transitional provisions in the respective standards and interpretations. The adoption of these newrevised standards and interpretations had no material effect to the consolidated financial statements: ISAK 27, “Transfer of Assets from Customers” ISAK 28, “Extinguishing Financial Liabilities with Equity Instruments” Several PSAKs and ISAKs have been issued by the Indonesian Financial Accounting Standards Board DSAK that are considered relevant to the financial reporting of the Group but are effective only for financial statements covering the periods beginning on or after either January 1, 2015. Effective beginning on or after January 1, 2015 PSAK 1 2013, “Presentation of Financial Statements”, adopted from International Accounting Standards IAS 1. These amendments are expected to only impact the presentation of the consolidated financial statements and not expected to impact the Group’s consolidated financial position and performance. PSAK 4 2013, “Separate Financial Statements”, adopted from IAS 4. The amendments are not expected to impact the Group’s consolidated financial position and performance. PSAK 15 2013, “Investments in Associates and Joint Ventures”, adopted from IAS 28. The amendments are not expected to impact the Group’s consolidated financial position and performance. PSAK 24 2013, “Employee Benefits”, adopted from IAS 19. The amendments are expected to impact the Group’s consolidated financial position and performance mainly for the changes in: past service costs is no longer deferred and recognized over the vesting period; actuarial gains or losses are recognized immediately; interest cost and expected return on plan assets are replaced with net interest cost which is calculated by applying the discount rate to the net defined benefit liability or asset at the beginning of period. PSAK 46 2014, “Income Tax”, adopted from IAS 12. The amendments are not expected to impact the Group’s consolidated financial position and performance. PSAK 48 2014, “Asset Impairment”, adopted from IAS 36. The amendments are not expected to impact the Group’s consolidated financial position and performance. PSAK 50 2014, “Financial Instrument: Presentation”, adopted from IAS 32. The amendments are expected to only impact the presentation of the consolidated financial statements and not expected to impact the Group’s consolidated financial position and performance. PSAK 55 2014, “Financial Instrument: Measurement and Recognition”, adopted from IAS 39. The amendments are not expected to impact the Group’s consolidated financial position and performance. PSAK 60 2014, “Financial Instrument: Disclosure” adopted from International Financial Reporting Standards IFRS 7”. The amendments are expected to impact the disclosure of consolidated financial statements and not expected to impact the Group’s consolidated financial position and performance. PSAK 65, “Consolidated Financial Statements”, adopted from IFRS 10. The amendments are not expected to impact the Group’s consolidated financial position and performance. 138 2014 Annual Report PT Telkom Indonesia Tbk Persero FINANCIAL AND PERF ORMANCE HIGHLIGHT MANA GEMENT REPOR T PREF A GENERAL INF ORMA TION OF TELK OM INDONE SIA MANA GEMENT’S DISCUSSION AND ANAL Y SIS CORPORA TE GO VERNANCE SOCIAL AND ENVIRONMENT AL RE SPONSIBILITY APPENDICE S