PERUSAHAAN PERSEROAN PERSERO P.T. TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS UNAUDITED continued JUNE 30, 2008 AND 2009,
AND SIX MONTHS PERIOD ENDED JUNE 30, 2008 AND 2009 Figures in tables are presented in millions of Rupiah, unless otherwise stated
97
44. RELATED PARTY TRANSACTIONS continued d. Others continued
v INTI is also a major contractor and supplier of equipment, including construction and
installation services of Telkomsel. Purchases from INTI for the six months period ended June 30, 2008 and 2009 amounted to Rp.18,385 million and Rp.54,134 million,
respectively, representing 0.2 and 1.1 of the total fixed assets purchased in each period.
vi 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 13, 2011. The lease charges amounted to Rp.66,686 million and Rp.110,851 million for the six months period ended June 30, 2008
and 2009, respectively, representing 0.4 and 0.6 of the total operating expenses for each period.
vii The Company and its subsidiaries insured their property, plant and equipment against
property losses, inventories and employees social security from Jasindo, PT Asuransi Tenaga Kerja and Jiwasraya, state-owned insurance companies. Insurance premiums
amounted to Rp.168,122 million and Rp.158,378 million for the six months period ended June 30, 2008 and 2009, respectively, representing 0.9 and 0.8 of the total operating
expenses for each period.
viii The Company and its subsidiaries maintain current accounts and time deposits in several state-owned banks. In addition, some of these banks are appointed as collecting agents for
the Company. Total placements in the form of current accounts, time deposits and mutual funds in state-owned banks amounted to Rp.7,281,950 million and Rp.6,361,118 million as
of June 30, 2008 and 2009, respectively, representing 8.5 and 6.7 of the total assets. Interest income recognized for the six months period ended June 30, 2008 and 2009
amounted to Rp.115,380 million and Rp.97,189 million, representing 35.0 and 42.0 of the total interest income for each period.
ix The Company and its subsidiaries obtained loans from state-owned banks. Interest
expense on these loans for the six months period ended June 30, 2008 and 2009 amounted to Rp.236,468 million and Rp.489,355 million, respectively, representing 41.2
and 52.2 of the total interest expense for each period.
x The Company leases buildings, leases vehicles, purchases materials and construction
services, and utilizes maintenance and cleaning services of Kopegtel and PT Sandhy Putra Makmur “SPM”, a subsidiary of Yayasan Sandikara Putra Telkom - a foundation managed
by Dharma Wanita Telkom. Total charges from these transactions amounted to Rp.177,610 million and Rp.178,726 million for the six months period ended June 30, 2008 and 2009,
respectively, representing 1.0 and 0.9 of the total operating expenses for each period.
PERUSAHAAN PERSEROAN PERSERO P.T. TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS UNAUDITED continued JUNE 30, 2008 AND 2009,
AND SIX MONTHS PERIOD ENDED JUNE 30, 2008 AND 2009 Figures in tables are presented in millions of Rupiah, unless otherwise stated
98
44. RELATED PARTY TRANSACTIONS continued d. Others continued
