Property and LONG-TERM LOANS AND OTHER BORROWINGS continued

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 58

16. LONG-TERM LOANS AND OTHER BORROWINGS continued

d. Other borrowing Borrower Currency Total facility in billions Current period payment in billions Principal payment schedule Interest payment period Interest rate per annum Security PT Sarana Multi Infrastruktur October 12, 2016 DMT Rp 700 - Semi- annually 2017-2025 Quarterly 3 months JIBOR+2.20 Property and equipment Note 9 Under the agreement, DMT is required to comply with all covenants or restrictions, including maintaining financial ratios as follows : 1. Debt to equity ratio should not exceed 5:1. 2. Net debt to EBITDA ratio should not exceed 4:1. 3. Minimal Debt service coverage at least 100. As of March 31, 2017, DMT has complied with the above-mentioned ratios.

17. NON-CONTROLLING INTERESTS

The details of non-controlling interests are as follows: March 31, 2017 December 31, 2016 Non-controlling interests in net assets of subsidiaries: Telkomsel 21,033 20,778 GSD 141 141 Metra 172 208 TII 34 33 Total 21,380 21,160 2017 2016 Non-controlling interests in net comprehensive income loss of subsidiaries: Telkomsel 2,703 2,308 Metra 14 3 TII 3 GSD 1 1 Total 2,688 2,307 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 59

17. NON-CONTROLLING INTERESTS continued

Material partly-owned subsidiary As of March 31, 2017 and December 31, 2016, the non-controlling interest holds 35 ownership interest in Telkomsel which is considered material to the company Note 1d. The summarized financial information of Telkomsel below is provided based on amounts before elimination of inter-company balances and transactions. Summarized statements of financial position March 31, 2017 December 31, 2016 Current assets 33,938 28,818 Non-current assets 58,867 60,963 Current liabilities 24,154 21,891 Non-current liabilities 8,549 8,520 Total equity 60,102 59,370 Attributable to: Equity holders of parent company 39,068 38,592 Non-controlling interest 21,033 20,778 Summarized statements of profit or loss and other comprehensive income 2017 2016 Revenues 22,300 20,217 Operating expenses 12,385 11,513 Other income 280 - Profit before income tax 10,195 8,704 Income tax expense - net 2,471 2,108 Profit for the year from continuing operations 7,724 6,596 Other comprehensive income expenses - net - - Net comprehensive income for the year 7,724 6,596 Attributable to non-controlling interest 2,703 2,308 Dividend paid to non-controlling interest 7,036 7,810 Summarized statements of cash flows 2017 2016 Operating activities 12,620 12,854 Investing activities 2,764 2,274 Financing activities 6,920 268 Net increase in cash and cash equivalents 2,936 10,312