PERUSAHAAN PERSEROAN PERSERO P.T. TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
continued
DECEMBER 31, 2010 AUDITED AND MARCH 31, 2011 UNAUDITED AND THREE MONTHS PERIOD ENDED MARCH 31, 2010 AND 2011 UNAUDITED
Figures in tables are presented in millions of Rupiah, unless otherwise stated
123
49. CONTINGENCIES
continued For the matters and cases stated above, the Company and its subsidiaries do not believe that any
subsequent investigation or court decision will have significant financial impact to the Company and its subsidiaries.
50. ASSETS AND LIABILITIES DENOMINATED IN FOREIGN CURRENCIES
The balances of monetary assets and liabilities denominated in foreign currencies are as follows:
December 31, 2010 March 31, 2011
Foreign Foreign
currencies Rupiah
currencies Rupiah
in millions equivalent in millions
equivalent Assets
Cash and cash equivalents U.S. Dollars
138.07 1,242,392
241.25 2,100,310
Euro 12.54
150,121 10.44
128,711 Hongkong Dollars
2.00 2,317
5.47 6,119
Singapore Dollars 2.82
19,799 0.63
4,334 Malaysian Ringgit
0.03 100
0.03 99
Japanese Yen 0.39
43 0.42
44 Temporary investments
U.S. Dollars 8.84
79,566 8.59
74,754 Trade receivables
Related parties U.S. Dollars
3.16 28,434
2.49 21,700
Third parties U.S. Dollars
79.19 712,758
80.77 703,184
Euro 0.12
1,408 0.11
1,414 Other receivables
U.S. Dollars 0.48
4,331 0.52
4,497 Great Britain Pound sterling
0.01 121
0.01 122
Euro 0.00
43 0.00
43 Advances and other non-current assets
U.S. Dollars 2.73
24,577 10.48
91,243 Hongkong Dollars
0.27 311
- -
Escrow accounts U.S. Dollars
4.61 41,552
4.62 40,197
Total assets 2,307,873
3,176,771
PERUSAHAAN PERSEROAN PERSERO P.T. TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
continued
DECEMBER 31, 2010 AUDITED AND MARCH 31, 2011 UNAUDITED AND THREE MONTHS PERIOD ENDED MARCH 31, 2010 AND 2011 UNAUDITED
Figures in tables are presented in millions of Rupiah, unless otherwise stated
124
50. ASSETS AND LIABILITIES DENOMINATED IN FOREIGN CURRENCIES
continued
December 31, 2010 March 31, 2011
Foreign Foreign
currencies Rupiah
currencies Rupiah
in millions equivalent in millions
equivalent Liabilities
Trade payables Related parties
U.S. Dollars 5.73
51,559 4.48
39,023 Third parties
U.S. Dollars 341.80
3,074,585 327.67
2,853,681 Euro
0.18 2,128
5.14 63,334
Malaysian Ringgit 0.56
1,624 0.57
1,645 Singapore Dollars
0.24 1,645
0.03 174
Japanese Yen 0.73
81 0.73
77 Great Britain Pound sterling
0.04 613
0.01 74
Hongkong Dollars 0.01
17 0.02
25 Swiss Franc
0.00 15
0.00 15
Australian Dollars 0.05
453 -
- Other payables
U.S. Dollars 0.07
588 0.11
967 Accrued expenses
U.S. Dollars 39.72
357,343 49.28
429,193 Euro
0.85 10,136
1.15 14,149
Singapore Dollars 1.38
9,657 1.86
12,847 Japanese Yen
38.35 4,250
120.52 12,682
Short-term bank loans U.S. Dollars
- -
0.42 3,676
Advances from customers and suppliers U.S. Dollars
0.90 8,114
1.08 9,401
Euro -
- 0.02
241 Current maturities of long-term liabilities
U.S. Dollars 78.11
703,474 70.46
613,694 Japanese Yen
767.90 85,099
767.90 80,798
Notes U.S. Dollars
30.54 275,348
39.96 348,019
Long-term liabilities U.S. Dollars
240.76 2,168,061
275.35 2,398,181
Japanese Yen 9,982.67
1,106,279 9,982.67
1,050,376
Total liabilities 7,861,069
7,932,272 Net liabilities
5,553,196 4,755,501
As of December 31, 2010, the net monetary liabilities position denominated in foreign currencies of the Company and its subsidiaries is US500.55 million and JPY10,789.26 million. As of March 31,
2011, the net monetary liabilities position denominated in foreign currencies of the Company and its subsidiaries is US420.09 million and JPY10,871.40 million.
The Company and its subsidiaries’ activities expose them to a variety of financial risks, including the effects of changes in debt and equity market prices, foreign currency exchange rates and interest
rates.
If the Company and its subsidiaries report monetary assets and liabilities in foreign currencies as of March 31, 2011 using the rates on April 28, 2011, the unrealized foreign exchange gain will increase
by the amount of Rp.54.327 million.
