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PERUSAHAAN PERSEROAN PERSERO PT TELEKOMUNIKASI INDONESIA Tbk AND ITS SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS For the Three Months Period Ended March 31, 2016 and 2015 unaudited
Figures in tables are expressed in billions of Rupiah, unless otherwise stated
Table of Contents
5. TRADE AND OTHER RECEIVABLES continued
b. By age i Related
parties
March 31, 2016 December 31, 2015
Up to 6 months 1,007
833 7 to 12 months
66 67 More than 12 months
368 451
Total 1,441 1,351
Provision for impairment of receivables 88
247
Net 1,353 1,104
ii Third parties
March 31, 2016 December 31, 2015
Up to 3 months 6,330
5,816 More than 3 months
3,939 3,398
Total 10,269
9,214 Provision for impairment of receivables
2,753 2,801
Net 7,516
6,413
iii Aging of total trade receivables
March 31, 2016 December 31, 2015
Gross Provision for
impairment of receivables Gross
Provision for impairment of
receivables Not past due
4,100 48
4,353 266
Past due up to 3 months 3,094
218 2,235
202 Past due more than 3 to 6 months
1,011 262
583 216
Past due more than 6 months 3,505
2,313 3,394
2,364
Total 11,710
2,841 10,565
3,048
The Group has made provision for impairment of trade receivables based on the collective assessment of historical impairment rates and individual assessment of its customers’ credit
history. The Group does not apply a distinction between related party and third party receivables in assessing amounts past due. As of March 31, 2016 and December 31, 2015,
the carrying amount of trade receivables of the Group considered past due but not impaired amounted to Rp4,817 billion and Rp3,430 billion, respectively. Management believes that
receivables past due but not impaired, along with trade receivables that are neither past due nor impaired, are due from customers with good credit history and are expected to be
recoverable.
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PERUSAHAAN PERSEROAN PERSERO PT TELEKOMUNIKASI INDONESIA Tbk AND ITS SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS For the Three Months Period Ended March 31, 2016 and 2015 unaudited
Figures in tables are expressed in billions of Rupiah, unless otherwise stated
Table of Contents
5. TRADE RECEIVABLES
continued
c. By currency
i Related parties
March 31, 2016 December 31, 2015
Rupiah 1,413
1,328
U.S. dollar 28 23
Total 1,441
1,351
Provision for impairment of receivables 88
247
Net 1,353
1,104
ii Third parties
March 31, 2016 December 31, 2015
Rupiah 8.902
7,761 U.S. dollar
1.347 1,436
Australian dollar 18
14 Others
2 3
Total 10.269
9,214 Provision for impairment of receivables
2.753 2,801
Net 7.516
6,413
d. Movements in the provision for impairment of receivables
March 31, 2016 December 31, 2015
Beginning balance 3.048
3,096 Provision recognized during the period Note 24
207 1,010
Receivables written off -
1,058
Ending balance 2.841 3,048
The receivables written off relate to both related-party and third-party trade receivables. Management believes that the provision for impairment of trade receivables is adequate to cover
losses on uncollectible trade receivables. As of March 31, 2016, certain trade receivables of the subsidiaries amounting to Rp4,276 billion have
been pledged as collateral under lending agreements Notes 15, 16b and 16c. Refer to Note 32 for details of related party transactions.
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PERUSAHAAN PERSEROAN PERSERO PT TELEKOMUNIKASI INDONESIA Tbk AND ITS SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS For the Three Months Period Ended March 31, 2016 and 2015 unaudited
Figures in tables are expressed in billions of Rupiah, unless otherwise stated
Table of Contents
6. INVENTORIES March
