PERUSAHAAN PERSEROAN PERSERO PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS AS OF JUNE 30, 2013 UNAUDITED AND FOR SIX MONTHS PERIOD ENDED
WITH COMPARATIVE FIGURES AS OF DECEMBER 31, 2012 AUDITED AND FOR SIX MONTHS PERIOD ENDED JUNE 30, 2012 UNAUDITED
Figures in tables are presented in billions of Rupiah, unless otherwise stated
15
1. GENERAL continued d. Subsidiaries continued
a Metra continued On January 8, 2013, based on notarial deed No. 03 dated January 8, 2013 of Utiek R.
Abdurachman, SH., MLI., MKn., which was approved by the MoJHR through its Letter No. AHU-03261.AH.01.012013 dated January 29, 2013, Metra established a subsidiary,
PT Metra TV Metra TV , with 99.83 ownership. Metra TV will engage in providing subscription broadcasting services.
On January 22, 2013, based on notarial deed No. 28 dated January 22, 2013 of N.M. Dipo Nusantara Pua Upa, S.H., MKn., which was approved by the MoJHR through its Letter No.
AHU-03084.AH.01.012013 dated January 28, 2013, Metra established a subsidiary, PT Metra Digital Media MDM , with 99.83 ownership. MDM will engage in providing
telecommunication information and other services.
On March 25, 2013, based on notarial deed No. 38 dated March 25, 2013 of N.M. Dipo Nusantara Pua Upa, S.H., MKn. which was approved by the MoJHR in his Letter No. AHU-
20566.AH.01.01 2013 dated April 17, 2013, Metra established PT Satelit Multimedia Indonesia SMI with 99,99 ownership. SMI will engage in commerce and providing
network services, telecommunication, satellite, and multimedia devices.
b TII Based on the Circular Resolution of Stockholders of TII dated September 11, 2012, as
covered by notarial deed No. 04 dated October 4, 2012 of Siti Safarijah, S.H., TII s stockholders agreed to establish a subsidiary in Timor Leste named Telekomunikasi
Indonesia International TL S.A. that is engaged in providing telecommunication services.
On January 9, 2013, based on the Circular Resolution of the Stockholders of TII dated January 9, 2013, as covered by notarial deed No. 04 dated February 6, 2013 of Siti Safarijah,
S.H., TII s stockholders agreed to establish a subsidiary, Telekomunikasi Indonesia Internasional Australia Pty. Ltd. Telkom Australia . Telkom Australia will engage in
providing telecommunication services and IT-based services.
On May 13, 2013, TII through Telekomunikasi Indonesia International Hong Kong Ltd. established a subsidiary in Macau, Telkom Macau Ltd. Telkom Macau will engage in
providing telecommunication services. On June 3, 2013, TII through Telekomunikasi Indonesia International Hong Kong Ltd.
established a subsidiary in Taiwan, Telkom Taiwan Ltd. Telkom Taiwan will engage in providing telecommunication services.
c GSD Based on notarial deed No. 71 of Kartono, S.H. dated December 27, 2011 which was
approved by the MoJHR through Decision Letter No. AHU-05281.AH.01.012012 dated February 1, 2012, GSD established a subsidiary PT Telkom Landmark Tower TLT , with
Yayasan Kesehatan Yakes , a related party of the Company, with 55 ownership. TLT is engaged in property development and management.
Based on notarial deed No. 48 dated February 7, 2012 of Sri Ahyani, S.H. which was approved by the MoJHR in his Letter No. AHU-22272.AH.01.012012 dated April 27, 2012,
GSD established a subsidiary PT Graha Yasa Selaras GYS , with Yakes, a related party of the Company, with 51 ownership. GYS is engaged in tourism business.
PERUSAHAAN PERSEROAN PERSERO PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS AS OF JUNE 30, 2013 UNAUDITED AND FOR SIX MONTHS PERIOD ENDED
WITH COMPARATIVE FIGURES AS OF DECEMBER 31, 2012 AUDITED AND FOR SIX MONTHS PERIOD ENDED JUNE 30, 2012 UNAUDITED
Figures in tables are presented in billions of Rupiah, unless otherwise stated
16
1. GENERAL continued
d. Subsidiaries continued
d Telkom Akses On November 26, 2012, based on notarial deed No. 20 dated November 26, 2012 of Siti
Safarijah, S.H. which was approved by the MoJHR in his Letter No. AHU- 60691.AH.01.012012 dated November 28, 2012, the Company established a subsidiary,
PT Telkom Akses Telkom Akses , with 100 ownership. Telkom Akses will engage in providing construction service and trade in the field of telecommunication.
e Sigma On June 29, 2012, based on notarial deed No. 3 of Utiek R. Abdurachman, S.H., MLI, MKn.
dated August 13, 2012, Sigma entered into a Sales Purchase Agreement to purchase 150,000 of PT Sigma Solusi Integrasi SSI s shares or the equivalent of 30 of SSI s total
ownership, with a transaction value of Rp26 billion from Marina Budiman, a non-controlling interest. On July 19, 2012, Sigma settled the transaction. The difference between acquisition
cost and the carrying amount of the interests acquired amounting Rp22 billion is recorded as
Difference due to acquisition of non-controlling interest in subsidiaries in the equity account of the consolidated statements of financial positions.
On August 15, 2012, based on notarial deed of Ny. Bomantari Julianto, S.H. dated August 15, 2012, Sigma entered into a Conditional Sales Purchase Agreement with
PT Bina Data Mandiri BDM to purchase a Data Center Business, with a transaction value of Rp230 billion from BDM. Based on closing agreement dated November 30, 2012, the
identifiable assets arising from the acquisition comprised of land, buildings, machine and equipment with total fair value amounting to Rp150 billion and intangible assets included
customer contracts and backlog with fair value amounting to Rp3 billion. The acquisition result in goodwill amounting to Rp77 billion.
On September 17, 2012, based on notarial deed No. 10 of Utiek R. Abdurachman, SH., MLI., MKn. dated September 17, 2012, Sigma s stockholders agreed to liquidate its subsidiary
called PT Sigma Karya Sempurna SKS , effective from September 17, 2012. The liquidation constitute as a process of internal restructuring of Sigma Group s business. As of
the issuance date of the consolidated financial statements, the District Court s decision of the liquidation request is still in process.
On January 17, 2013, Sigma signed a share sale and transfer and loan assignment agreement with Landeskreditbank Baden-Wuttemberg-Forderbank L-Bank , and Step
Stuttgarter Engineering Park Gmbh. STEP as PT German Center Indonesia s GCI stockholders. Based on that agreement, Sigma agreed to buy all the shares of GCI owned by
L-Bank and STEP and take over L-Bank s stockholders loan at a purchasing price of US17.8 million equivalent to Rp170 billion. The closing of this transaction held on April 30,
2013.
f Infomedia On October 24, 2012, based on notarial deed No. 15 of Zulkifli Harahap, S.H. dated
October 24, 2012 which was approved by the MoJHR through Decision Letter No. AHU- 55715.AH.01.012012 dated October 30, 2012, Infomedia established a subsidiary called
PT Infomedia Solusi Humanika ISH with 100 ownership. ISH will engage in the services for distribution and supply of labor.
