PERUSAHAAN PERSEROAN PERSERO PT TELEKOMUNIKASI INDONESIA Tbk AND ITS SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS As of June 30, 2015 and for the Six Months Period Then Ended Unaudited
Figures in tables are expressed in billions of Rupiah, unless otherwise stated
36
2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued
aa. Impairment of non-financial assets continued In determining fair value less costs to sell, recent market transactions are taken into account, if
available. If no such transactions can be identified, the Group uses an appropriate valuation model to determine the fair value of the asset. These calculations are corroborated by valuation multiples
or other available fair value indicators. Impairment losses of continuing operations are recognized in profit or loss under
PERUSAHAAN PERSEROAN PERSERO PT TELEKOMUNIKASI INDONESIA Tbk AND ITS SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS As of June 30, 2015 and for the Six Months Period Then Ended Unaudited
Figures in tables are expressed in billions of Rupiah, unless otherwise stated
37
2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued
ab. Changes in accounting policies and disclosures continued Implementation of Offsetting Financial Assets and Financial Liabilities PSAK 50 continued
As a result of the amendments, the comparative figures in the consolidated statements of financial position have been restated as follows:
Before After
restatement Restatement restatement
Consolidated statement of financial position as of December 31, 2014
Trade receivables 6,465
532 6,997
Trade payables 11.830
532 12,362
The implementation of PSAK 50 2014, did not have impact on the consolidated statements of profit or loss and other comprehensive income, consolidated statement of changes in equity and
consolidated statement of cash flows.
Implementation of PSAK 24, Employee Benefits Revised 2013 The Group applied PSAK 24 Revised 2013 retrospectively at the current period in accordance with
the requirements of the revised standard. Therefore, the statement of the financial position as at the beginning of the earliest comparative period January 1, 2014 and the related comparative items
have been restated. As a result of the changes, the comparative figures in the consolidated financial statements have
been restated as follows:
Before After
restatement Restatement restatement
Consolidated statement of financial position as of January 1, 2014
Prepaid pension benefit costs 927
22 949
Deferred tax assets
PERUSAHAAN PERSEROAN PERSERO PT TELEKOMUNIKASI INDONESIA Tbk AND ITS SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS As of June 30, 2015 and for the Six Months Period Then Ended Unaudited
Figures in tables are expressed in billions of Rupiah, unless otherwise stated
38
2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued
