PERUSAHAAN PERSEROAN PERSERO P.T. TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS UNAUDITED continued JUNE 30, 2009 AND 2010,
AND SIX MONTHS PERIOD ENDED JUNE 30, 2009 AND 2010 Figures in tables are presented in millions of Rupiah, unless otherwise stated
85
41. CASH DIVIDENDS AND GENERAL RESERVE
Pursuant to the AGM of Stockholders of the Company as stated in notarial deed No. 22 dated June 12, 2009 of A. Partomuan Pohan, S.H., LLM., the stockholders approved the distribution of cash
dividends for 2008 amounting to Rp.5,840,708 million or Rp.296.94 per share and the appropriation of Rp.4,778,761 million for general reserves.
Pursuant to the AGM of Stockholders of the Company as stated by the minutes of which have been summarized by deed No. 179 dated June 11, 2010 of A. Partomuan Pohan, S.H., LLM., the
stockholders approved the distribution of cash dividends for 2009 amounting to Rp.5,666,070 million or Rp.288.06 per share of which Rp.524,190 million or Rp.26.65 per share was distributed as an
interim cash dividend in November 2009, the appropriation of Rp.5,666,070 million for retained earnings.
42. PENSION AND OTHER POST-RETIREMENT BENEFITS 2009
2010 Accrued pension and other post-retirement
benefit costs Pension
The Company 552,085
96,151 Telkomsel
86,492 150,474
Accrued pension costs 638,577
246,625 Other post-retirement benefits
234,943 226,447
Obligation under Labor Law 70,140
86,048
Accrued pension and other post-retirement benefit costs
943,660 559,120
Prepaid pension benefit costs 256
730 Net periodic pension costs
The Company 236,674
138,656 Telkomsel
27,347 37,483
Infomedia 3
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Net periodic pension costs Note 35 264,024
176,188 Other post-retirement cost Note 35
40,734 32,938
Other employee benefits Note 35 7,364
9,300 a. Pension
1. The Company The Company sponsors a defined benefit pension plan and a defined contribution pension
plan.
PERUSAHAAN PERSEROAN PERSERO P.T. TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS UNAUDITED continued JUNE 30, 2009 AND 2010,
AND SIX MONTHS PERIOD ENDED JUNE 30, 2009 AND 2010 Figures in tables are presented in millions of Rupiah, unless otherwise stated
86
42. PENSION AND OTHER POST-RETIREMENT BENEFITS continued a. Pension continued
1. The Company continued The defined benefit pension plan is provided to employees hired with permanent status prior
to July 1, 2002. The pension benefits are paid based on the participating employees’ latest basic salary at retirement and the number of years of their service. The plan is managed by
Telkom Pension Fund “Dana Pensiun Telkom” or “Dapen”. The participating employees contribute 18 before March 2003: 8.4 of their basic salaries to the plan. The Company’s
contributions to the pension fund for six months period ended June 30, 2009 and 2010 amounted to Rp.444,531 million and Rp.282,382 million, respectively.
The defined contribution pension plan is provided to employees hired with permanent status on or after July 1, 2002. The plan is managed by Financial Institutions Pension Fund “Dana
Pensiun Lembaga Keuangan” or “DPLK”. The Company’s contribution to DPLK is determined based on certain percentage of the participants’ salaries and amounted to
Rp.1,852 million and Rp.2,099 million for the six months period ended June 30, 2009 and 2010, respectively.
The following table presents the change in projected benefits obligation, change in plan assets, funded status of the plan and net amount recognized in the Company’s consolidated
balance sheets as of June 30, 2009 and 2010, for its defined benefit pension plan:
2009 2010
Change in projected benefits obligation Projected benefits obligation at beginning of year
9,516,975 11,753,439
Service costs 112,370
155,708 Interest costs
557,787 578,712
Plan participants contributions 22,356
21,091 Actuarial gains losses
794,689 712,633
Expected benefits paid 220,534
361,346 Projected benefits obligation at end of period
10,783,643 11,434,971
Change in plan assets Fair value of plan assets at beginning of year
8,713,418 12,300,181
Expected return on plan assets 515,415
643,359 Employer’s contributions
444,531 282,382
Plan participants contributions 22,356
21,091 Actuarial losses gains
792,854 592,494
Expected benefits paid 202,616
310,292 Fair value of plan assets at end of period
10,285,958 12,344,227
Funded status 497,685
909,256 Unrecognized prior service costs
1,387,059 1,165,738
Unrecognized net actuarial gains 1,441,459
2,171,145
Accrued pension benefit costs 552,085
96,151
