PERUSAHAAN PERSEROAN PERSERO P.T. TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS continued JUNE 30, 2012 UNAUDITED AND DECEMBER 31, 2011 AUDITED
AND SIX MONTHS PERIOD ENDED JUNE 30, 2012 AND 2011 UNAUDITED Figures in tables are presented in billions of Rupiah, unless otherwise stated
89
36. RELATED PARTY TRANSACTIONS continued c. Significant agreements with related parties continued
iii. Others The Company has entered into agreements with associated companies, namely CSM,
Patrakom, PSN and Gratika for the utilization of the Companys satellite transponders or frequency channels and leased lines.
Telkomsel has an agreement with PSN for the lease of PSN’s transmission link. Based on the agreement, which was made on March 14, 2001, the minimum lease period is 2 years since
the operation of the transmission link and is extendable subject to agreement by both parties. The agreement was extended until March 29, 2013.
Koperasi Pegawai Telkomsel “Kisel” is a cooperation that was established by Telkomsel’s employees to engage in car rental services, printing and distribution of customer bills,
collection and other services principally for the benefit of Telkomsel. Telkomsel also has dealership agreements with Kisel for distribution of SIM cards and pulse reload vouchers.
d. Key management personnel remuneration
Key management personnel of the Company are the Board of Commissioners and Directors as detailed in Note 1b.
The Company and its subsidiaries provide honorarium and facilities to support the operational of their Board of Commissioners. The Company and its subsidiaries provide salaries and facilities to
support the operational duties of their Directors. The total of such benefits is as follows:
2012 2011
of of
Amount total expenses
Amount total expenses
Directors 159
0.64 90
0.38 Board of Commissioners
34 0.14
31 0.13
37. SEGMENT INFORMATION
The Company and its subsidiaries have three main operating segments in Indonesia namely: fixed wireline, fixed wireless and cellular. The fixed wireline segment provides local, domestic long distance
“Sambungan Langsung Jarak Jauh” or “SLJJ” and international telephone services, and other telecommunications services including among others, leased lines, telex, transponder, satellite and
VSAT as well as ancillary services. The fixed wireless segment provides CDMA-based telecommunication services which offers customers the ability to use a wireless handset with limited
mobility within a local code area. The cellular segment provides basic telecommunication services, particularly mobile cellular telecommunication services. Operating segments that are not monitored
separately by CODM are presented as “Others”, comprising of information technology services, telephone directories and building management businesses.
PERUSAHAAN PERSEROAN PERSERO P.T. TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS continued JUNE 30, 2012 UNAUDITED AND DECEMBER 31, 2011 AUDITED
AND SIX MONTHS PERIOD ENDED JUNE 30, 2012 AND 2011 UNAUDITED Figures in tables are presented in billions of Rupiah, unless otherwise stated
90
37. SEGMENT INFORMATION continued
Segment revenues and expenses include transactions between business segments and are accounted for at prices that management believes represent market prices.
2012 Fixed
Fixed Total before
Total wireline
wireless Cellular
Others elimination Elimination consolidated
Segment results
Revenues External revenues
11,985 932
22,946 857
36,720 -
36,720 Inter-segment revenues
2,721 54
2,475 12
5,262 5,262
- Total revenues
14,706 986
25,421 869
41,982 5,262
36,720 Other income
External revenues 23
6 245
105 379
- 379
Inter-segment revenues 114
- 2
- 116
116 -
Total other income 137
6 247
105 495
116 379
Expenses External expenses
8,143 1,397
14,869 389
24,798 -
24,798 Inter-segment expenses
3,835 54
1,176 312
5,377 5,377
Total expenses 11,978
1,451 16,045
701 30,175
5,377 24,798
Segment results 2,865
459 9,623
273 12,302
1 12,301
Share of loss of associated companies 3
Finance income 271
Finance costs 565
Income tax expense 3,015
Profit for the period 8,989
Foreign currency translation - net of tax Change in fair value of available-for-sale
financial assets - net of tax 1
Total comprehensive income for the period 8,988
Profit for the year attributable to: Owners of the parent
6,428 Non-controlling interest
2,561
Total comprehensive income attributable to:
Owners of the parent 6,427
Non-controlling interest 2,561
Other information
Segment assets 45,582
3,746 56,440
1,540 107,308
6,508 100,800
Assets held for sale -
- 516
- 516
- 516
Investments in associates 199
- 21
- 220
- 220
Total consolidated assets 101,536
Total consolidated liabilities 27,280
656 21,438
851 50,225
6,508 43,717
Capital expenditures 2,595
1 4,282
69 6,947
- 6,947
Depreciation and amortization 1,765
337 4,837
28 6,967
- 6,967
Other non-cash expenses 299
6 155
5 465
- 465