PT XL AXIATA Tbk AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS 31 DECEMBER 2007, 2008 AND 2009; AND 31 MARCH 2009 AND 2010
Expressed in millions of Rupiah, unless otherwise stated
Page 31
10. TRADE AND OTHER PAYABLES continued
31122007 31122008
31122009 31032009
31032010
Less current portion: - Third parties
2,674,050 3,250,610
2,072,670 2,919,508
2,121,536 - Related parties
3,628 28,253
26,832 38,421
26,923 Non-current portion
295,803 154,878
32,745 259,966
19,186
Trade and other payables according to currency are as follows:
31122007 31122008
31122009 31032009
31032010
Rupiah 735,569
928,596 687,357
811,084 599,121
Foreign currencies 2,237,912
2,505,145 1,444,890
2,406,811 1,568,524
2,973,481 3,433,741
2,132,247 3,217,895
2,167,645
Refer to Note 26 for related party information.
11. ACCRUED EXPENSES - THIRD PARTIES
31122007 31122008
31122009 31032009
3103 2010
Telecommunications services expenses 147,565
46,177 229,413
58,686 310,057
Salaries and employee benefits 75,333
126,266 165,242
63,863 112,245
Interest 231,499
156,085 104,959
121,256 79,032
Others 57,571
100,073 49,719
93,264 66,272
511,968 428,601
549,333 337,069
567,606
12. DEFERRED REVENUE
31122007 31122008
31122009 31032009
31032010
Cellular telecommunications services 409,223
575,858 592,098
532,781 594,805
Leased tower -
14,419 4,307
425,328 495,353
Leased lines 1,195
1,155 1,499
1,129 2,480
410,418 591,432
597,904 959,238
1,092,638
13. LONG-TERM LOANS
31122007 31122008
31122009 Equivalent
Equivalent Equivalent
Original to million
Original to million
Original to million
currency Rupiah
currency Rupiah
currency Rupiah
PT Bank Mandiri Persero Tbk
Rp 400,000
400,000 Rp 3,600,000
3,600,000 Rp 3,200,000
3,200,000 PT Bank Central Asia
Tbk -
- Rp 3,000,000
3,000,000 Rp 3,000,000
3,000,000 Exportkreditnämnden
EKN -
- USD 213,949,508 2,342,747 USD 344,364,981
3,237,031 PT Bank Sumitomo
Mitsui Indonesia -
- Rp 300,000
300,000 Rp 300,000
300,000 PT Bank DBS Indonesia USD 50,000,000
470,950 Rp 700,000
700,000 Rp 700,000
700,000 The Bank of Tokyo -
Mitsubishi UFJ, LTD -
- -
- -
- PT ANZ Panin Bank
- - Rp
250,000 250,000 Rp
250,000 250,000
Standard Chartered Bank
USD 100,000,000 941,900 USD 150,000,000
1,642,500 USD 50,000,000 470,000
Syndicated loan facilities I
- - USD 140,000,000
1,533,000 -
- PT Bank Mizuho
Indonesia USD 50,000,000
470,950 USD 50,000,000 547,500
- -
PT XL AXIATA Tbk AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS 31 DECEMBER 2007, 2008 AND 2009; AND 31 MARCH 2009 AND 2010
Expressed in millions of Rupiah, unless otherwise stated
Page 32
13. LONG-TERM LOANS continued
31122007 31122008
31122009 Equivalent
Equivalent Equivalent
Original to million
Original to million
Original to million
currency Rupiah
currency Rupiah
currency Rupiah
DBS Bank Ltd. -
- USD 50,000,000 547,500
- -
The Hongkong and Shanghai Banking
Corporation Ltd. HSBC -
- USD 50,000,000 547,500
- -
J.P.Morgan Chase Bank, N.A.
USD 30,000,000 282,570 USD 30,000,000
328,500 USD 30,000,000 282,000
2,566,370 15,339,247
11,439,031 Unamortised debt issue cost
- 45,023
25,519 2,566,370
15,294,224 11,413,512
Less: current portion 40,000
730,548 1,921,604
Non-current portion 2,526,370
14,563,676 9,491,908
31032009 31032010
Equivalent Equivalent
Original to million
Original to million
currency Rupiah
currency Rupiah
PT Bank Mandiri Persero Tbk Rp
3,600,000 3,600,000 Rp
3,200,000 3,200,000
PT Bank Central Asia Tbk Rp
3,000,000 3,000,000 Rp
3,000,000 3,000,000
EKN USD 322,246,608
3,730,004 USD 325,150,398 2,963,746
PT Bank Sumitomo Mitsui Indonesia Rp
300,000 300,000 Rp
800,000 800,000
PT Bank DBS Indonesia Rp
700,000 700,000 Rp
700,000 700,000
The Bank of Tokyo - Mitsubishi UFJ, LTD -
- Rp 500,000
500,000 PT ANZ Panin Bank
Rp 250,000
250,000 Rp 250,000
250,000 Standard Chartered Bank
USD 150,000,000 1,736,250 USD 25,000,000
227,875 Syndicated loan facilities I
USD 140,000,000 1,620,500
- -
PT Bank Mizuho Indonesia USD 50,000,000
578,750 -
- DBS Bank Ltd.
USD 50,000,000 578,750
- -
HSBC USD 50,000,000
578,750 -
- J.P.Morgan Chase Bank, N.A.
USD 30,000,000 347,250
- -
17,020,254 11,641,621
Unamortised debt issue cost 57,066
32,845 16,963,188
11,608,776 Less: current portion
1,528,783 3,081,980
Non-current portion 15,434,405
8,526,796
Interest Total
Payment payment
Interest facility
schedule period
rate Security
PT Bank Mandiri Persero Tbk Rp
4,000,000 Installment every
monthly 1 month’s JIBOR
None year
+ 1.50 margin December 2008-
December 2012 PT Bank Central Asia Tbk
Rp 3,000,000
March and June quarterly
3 months’ JIBOR None
2011 + 1.25 margin
EKN - Facility 1 dated
12 December 2008 USD 213,949,508
Installme nt every semiannually
6 months’ LIBOR None
6 months + 0.35 margin
15 January 2009 - + SEK funding cost
15 July 2015