SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued s. Employee benefits continued
2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued u. Financial instruments continued
i. Financial assets continued d. Available-for-sale financial assets Available-for-sale investments are non-derivative financial assets that are intended to be held for indefinite period of time, which may be sold in response to needs for liquidity or changes in interest rates, exchange rates or that are not classified as loans and receivables, held-to-maturity investments or financial assets at fair value through profit or loss. Available-for-sale financial assets consist of bonds and mutual funds which are recorded as other current financial assets. Available-for-sale securities are stated at fair value. Unrealized holding gains or losses on available-for-sale securities are excluded from income of the current period and are reported as a separate component in the equity section of the consolidated statements of financial position until realized. Realized gains or losses from the sale of available-for-sale securities are recognized in the consolidated statements of comprehensive income, and are determined on the specific identification basis. A decline in the fair value of any available-for-sale securities below cost that is deemed to be other than temporary is charged to the consolidated statement of comprehensive income. ii. Financial liabilities The Company and subsidiaries classify their financial liabilities as i financial liabilities at fair value through profit or loss or ii financial liabilities measured at amortized cost. The Company and subsidiaries’ financial liabilities include trade payables and other payables, accrued expenses, loans and other borrowings which consist of short-term bank loans, obligations under capital lease, two step loans, bonds and notes, and bank loans. a. Financial liabilities at fair value through profit or loss Financial liabilities at fair value through profit or loss are financial liabilities classified as held for trading. A financial liability is classified as held for trading if it is incurred principally for the purpose of selling or repurchasing them in the near term and for which there is evidence of a recent actual pattern of short-term profit taking. No financial liabilities were categorized as held for trading as of December 31, 2013 and 2012. b. Financial liabilities measured at amortized cost Financial liabilities that are not classified as liabilities at fair value through profit or loss fall into this category and are measured at amortized cost. Financial liabilities measured at amortized cost are trade payables, other payables, accrued expenses, loans, bonds and notes. iii. Offsetting financial instruments Financial assets and liabilities are offset and the net amount is reported in the consolidated statement of financial position when there is a legally enforceable right to offset the recognized amounts and there is an intention to settle on a net basis, or realize the assets and settle the liabilities simultaneously. PERUSAHAAN PERSEROAN PERSERO PT TELEKOMUNIKASI INDONESIA Tbk AND ITS SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS As of December 31, 2013 and for the Year Then Ended Figures in tables are expressed in billions of rupiah, unless otherwise stated 352. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued u. Financial instruments continued
Parts
» Telekomunikasi Indonesia Eng 31 Des 2013
» GENERAL a. Establishment and general information
» Public offering of securities of the Company
» Subsidiaries GENERAL continued c. Public offering of securities of the Company continued
» GENERAL continued d. Subsidiaries continued
» GENERAL continued Telekomunikasi Indonesia Eng 31 Des 2013
» Authorization for the issuance of the consolidated financial statements
» Basis of preparation of financial statements
» Transactions with related parties
» SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued d. Business combinations continued
» Investments in associated companies
» Inventories SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued e. Cash and cash equivalents
» Prepaid expenses SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued h. Inventories continued
» Intangible assets SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued h. Inventories continued
» SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued l.
» Leases SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued l.
» Deferred charges - land rights
» Borrowings SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued o. Trade payables
» SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued s. Employee benefits continued
» Income tax SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued
» SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued u. Financial instruments
» SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued u. Financial instruments continued
» Basic earnings per share and earnings per ADS
» Segment information SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued w. Dividends
» Provision SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued w. Dividends
» Retirement benefits SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued w. Dividends
» Retirement benefits continued Impairment of non-financial assets
» BUSINESS COMBINATIONS a. Acquisitions
» Disposal of Indonusa BUSINESS COMBINATIONS continued a. Acquisitions continued
» BUSINESS COMBINATION continued b. Disposal of Indonusa continued CASH AND CASH EQUIVALENTS 2013
» CASH AND CASH EQUIVALENTS continued 2013
» CASH AND CASH EQUIVALENTS continued OTHER CURRENT FINANCIAL ASSETS 2013
» TRADE RECEIVABLES Telekomunikasi Indonesia Eng 31 Des 2013
» TRADE RECEIVABLES continued Telekomunikasi Indonesia Eng 31 Des 2013
» INVENTORIES continued Telekomunikasi Indonesia Eng 31 Des 2013
» LONG-TERM INVESTMENTS Telekomunikasi Indonesia Eng 31 Des 2013
» LONG-TERM INVESTMENTS continued Telekomunikasi Indonesia Eng 31 Des 2013
» PROPERTY AND EQUIPMENT Telekomunikasi Indonesia Eng 31 Des 2013
» PROPERTY AND EQUIPMENT continued
» ADVANCES AND OTHER NON-CURRENT ASSETS continued
» INTANGIBLE ASSETS Telekomunikasi Indonesia Eng 31 Des 2013
» INTANGIBLE ASSETS continued Telekomunikasi Indonesia Eng 31 Des 2013
» TRADE PAYABLES continued 2013 ACCRUED EXPENSES 2013
» UNEARNED INCOME 2013 Telekomunikasi Indonesia Eng 31 Des 2013
» SHORT-TERM BANK LOANS Telekomunikasi Indonesia Eng 31 Des 2013
» CURRENT MATURITIES OF LONG-TERM LIABILITIES
» TWO-STEP LOANS continued Telekomunikasi Indonesia Eng 31 Des 2013
» BANK LOANS BANK LOANS continued
» BANK LOANS continued Telekomunikasi Indonesia Eng 31 Des 2013
» NON-CONTROLLING INTERESTS 2013 Telekomunikasi Indonesia Eng 31 Des 2013
» CAPITAL STOCK continued 2012 Telekomunikasi Indonesia Eng 31 Des 2013
» 5,805 ADDITIONAL PAID-IN CAPITAL continued
» TREASURY STOCK continued Telekomunikasi Indonesia Eng 31 Des 2013
» REVENUES continued 2013 PERSONNEL EXPENSES
» TAXATION Telekomunikasi Indonesia Eng 31 Des 2013
» TAXATION continued Telekomunikasi Indonesia Eng 31 Des 2013
» TAXATION continued TAXATION continued
» BASIC AND DILUTED EARNINGS PER SHARE
» CASH DIVIDENDS AND GENERAL RESERVE
» CASH DIVIDENDS AND GENERAL RESERVE continued Appropriation of Retained Earnings
» Prepaid pension benefit costs continued 2013
» Prepaid pension benefit costs continued
» Prepaid pension benefit costs continued Historical information: Pension benefit costs provisions
» Pension benefit cost provisions continued
» Pension benefit costs provisions continued
» Other post-retirement benefits continued
» Obligation under the Labor Law
» POST-RETIREMENT HEALTH CARE BENEFITS
» POST-RETIREMENT HEALTH CARE BENEFITS continued
» Nature of relationships and accountstransactions with related parties
» 3,626 2013 RELATED PARTY TRANSACTIONS continued b. Transactions with related parties
» 4,310 RELATED PARTY TRANSACTIONS continued b. Transactions with related parties
» 506 2013 RELATED PARTY TRANSACTIONS continued b. Transactions with related parties continued
» 382 RELATED PARTY TRANSACTIONS continued b. Transactions with related parties continued
» Cash and cash equivalents Note 4 11,736
» 8,992 RELATED PARTY TRANSACTIONS continued b. Transactions with related parties continued
» b. Other current financial assets Note 5
» 701 Trade receivables - net Note 6 900
» d. Advances and prepaid expenses Note 8
» 14 Advances and other non-current assets Note 12
» 89 h. Advances from customers and suppliers
» Long-term bank loans Note 21
» 8,396 RELATED PARTY TRANSACTIONS continued b. Transactions with related parties continued
» POST-RETIREMENT HEALTH CARE BENEFITS continued RELATED PARTY TRANSACTIONS continued
» Key management personnel remuneration
» SEGMENT INFORMATION Telekomunikasi Indonesia Eng 31 Des 2013
» SEGMENT INFORMATION continued Telekomunikasi Indonesia Eng 31 Des 2013
» REVENUE-SHARING ARRANGEMENTS “RSA” Telekomunikasi Indonesia Eng 31 Des 2013
» Mobile cellular telephone tariffs
» SIGNIFICANT COMMITMENTS AND AGREEMENTS
» SIGNIFICANT COMMITMENTS AND AGREEMENTS continued a. Capital expenditures continued
» SIGNIFICANT COMMITMENTS AND AGREEMENTS continued
» Borrowings and other credit facilities
» SIGNIFICANT COMMITMENTS AND AGREEMENTS continued c. Others
» SIGNIFICANT COMMITMENTS AND AGREEMENTS continued c. Others continued
» CONTINGENCIES continued Telekomunikasi Indonesia Eng 31 Des 2013
» ASSETS AND LIABILITIES DENOMINATED IN FOREIGN CURRENCIES
» ASSETS AND LIABILITIES DENOMINATED IN FOREIGN CURRENCIES continued FINANCIAL RISK MANAGEMENT
» 0.10 FINANCIAL RISK MANAGEMENT continued
» FINANCIAL RISK MANAGEMENT continued
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