PERUSAHAAN PERSEROAN PERSERO PT TELEKOMUNIKASI INDONESIA Tbk AND ITS SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS As of March 31, 2014 and for three months period then ended unaudited
Figures in tables are expressed in billions of rupiah, unless otherwise stated
46
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 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 three months period ended March 31, 2014 and 2013 are Rp353 and Rp298 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.
PERUSAHAAN PERSEROAN PERSERO PT TELEKOMUNIKASI INDONESIA Tbk AND ITS SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS As of March 31, 2014 and for three months period then ended unaudited
Figures in tables are expressed in billions of rupiah, unless otherwise stated
47
11. PROPERTY AND EQUIPMENT
January 1, Reclassifications
March 31, 2014
Additions Deductions
Translations 2014
At cost: Directly acquired assets
Land rights 1,098
4 -
- 1,102
Buildings 4,224
17 16
8 4,233
Leasehold improvements 812
4 29
7 794
Switching equipment 18,705
82 42
232 18,977
Telegraph, telex and data communication equipment
6 -
- -
6 Transmission installation
and equipment 95,853
313 39
2,346 98,473
Satellite, earth station and equipment
7,456 38
- 365
7,859 Cable network
28,987 253
- 29
29,269 Power supply
11,755 20
10 228
11,993 Data processing equipment
9,230 61
45 79
9,325 Other telecommunications
peripherals 500
80 -
- 580
Office equipment 770
14 -
5 789
Vehicles 332
- 1
29 360
Other equipment 104
- -
- 104
Property under construction 1,971
3,309 -
3,248 2,032
Assets under finance lease
Transmission installation and equipment
5,683 94
7 -
5,770 Data processing equipment
123 -
- -
123 Office equipment
7 12
- -
19 Vehicles
26 -
- 26
- CPE assets
22 -
- -
22 RSA assets
459 -
- -
459 Total
188,123 4,301
189 54
192,289
January 1, Reclassifications
March 31, 2014
Additions Impairment
Deductions Translations
2014 Accumulated depreciation
and impairment losses:
Directly acquired assets
Buildings 1,840
37 -
16 37
1,898 Leasehold improvements
649 17
- 29
- 637
Switching equipment 12,903
397 -
42 7
13,251 Telegraph, telex and
datacommunication equipment
3 -
- -
- 3
Transmission installation and equipment
46,665 2,149
16 33
55 48,742
Satellite, earth station and equipment
5,190 143
12 -
256 5,601
Cable network 17,758
254 2
- 1
18,015 Power supply
6,794 312
- 8
25 7,073
Data processing equipment 6,823
211 -
45 5
6,984 Other telecommunications
peripherals 267
15 -
- 282
Office equipment 564
22 -
- 11
597 Vehicles
68 13
- 1
1 81
Other equipment 100
1 -
- -
101
Assets under finance lease
Transmission installation and equipment
1,345 167
- 7
1 1,505
Data processing equipment 83
6 -
- -
89 Office equipment
2 1
- -
- 3
Vehicles 1
- -
- 1
- CPE asets
13 1
- -
- 14
RSA assets 294
10 -
- 1
305 Total
101,362 3,756 30
181 214
105,181
Net Book Value 86,761
87,108