CASH AND CASH EQUIVALENTS

PERUSAHAAN PERSEROAN PERSERO PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS For the three month periods Ended March 31, 2017 and 2016 unaudited Figures in tables are expressed in billions of Rupiah, unless otherwise stated 34

3. CASH AND CASH EQUIVALENTS continued

March 31, 2017 December 31, 2016 Balance Balance Currency Original currency in millions Rupiah equivalent Original currency in millions Rupiah equivalent Time deposits continued Third parties PT Bank CIMB Niaga Tbk “Bank CIMB Niaga” Rp - - - 2,025 PT Bank Pembangunan Daerah Jawa Barat dan Banten Tbk “BJB” Rp - 2,385 - 2,020 PT Bank OCBC NISP Tbk “OCBC NISP” Rp - 2,400 - 1,550 US 10 133 10 134 Bank Permata Rp - 1,146 - 1,492 PT Bank Mega Tbk “Bank Mega” Rp - 1,625 - 1,226 US 4 60 14 185 PT Bank UOB Indonesia “UOB” Rp - 846 - 1,345 US 1 - - PT Bank Tabungan Pensiunan Nasional Tbk “BTPN” Rp - 2,311 - 461 US 13 173 - - SCB US 18 240 18 242 SGD 11 101 15 139 Bank Muamalat Rp - 109 - 305 Bank ANZ “Bank ANZ” Rp - - - 200 PT Bank Bukopin Tbk “Bank Bukopin” Rp - 336 - 148 PT Bank Central Asia Tbk ”Bank BCA” Rp - 300 - - Others each below Rp75 billion Rp - 45 - 59 Sub-total 12,211 11,531 Total time deposits 30,424 25,593 Grand Total 33,699 29,767 Interest rates per annum on time deposits are as follows: March 31, 2017 December 31, 2016 Rupiah 3.30-9.75 3.20-10.00 Foreign currencies 0.30-2.00 0.10-2.00 The related parties in which the Group places its funds are state-owned banks. The Group placed the majority of its cash and cash equivalents in these banks because they have the most extensive branch networks in Indonesia and are considered to be financially sound banks, as they are owned by the State. Refer to Note 31 for details of related party transactions. PERUSAHAAN PERSEROAN PERSERO PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS For the three month periods Ended March 31, 2017 and 2016 unaudited Figures in tables are expressed in billions of Rupiah, unless otherwise stated 35

4. OTHER CURRENT FINANCIAL ASSETS

The breakdown of other current financial assets is as follows: March 31, 2017 December 31, 2016 Balance Balance Currency Original currency in millions Rupiah equivalent Original currency in millions Rupiah equivalent Time deposits Related parties BNI Rp - 63 - 63 Third parties UOB US 1 13 1 13 Total time deposits 76 76 Available-for-sale financial assets Related parties PT Bahana TCW Investment Mangement ”Bahana TCW” Rp - 569 - 559 PT Mandiri Manajemen Investasi Rp - 505 - 500 State-owned enterprises US - - 4 55 Government US 4 54 2 27 Sub-total 1,128 1,141 Third parties Rp - 17 - 17 Total available-for-sale financial assets 1,145 1,158 Escrow accounts Rp - 112 - 112 US 2 22 2 22 Others Rp - 112 - 98 AUD 1 7 5 Total 1,474 1,471 The time deposits have maturities of more than three months but not more than one year, with interest rates as follows: March 31, 2017 December 31, 2016 Rupiah 5.75-6.00 5.75-6.00 Foreign currencies 0.58-1.64 0.58-1.64 Refer to Note 31 for details of related party transactions.