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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
4. OTHER CURRENT FINANCIAL ASSETS
The breakdown of other current financial assets is as follows:
March 31, 2016 December 31, 2015
Balance Balance
Currency Original
currency in millions
Rupiah equivalent
Original currency
in millions Rupiah
equivalent
Time deposits Related parties
Bank Mandiri US
20 267
20 278
Third parties SCB
US 1
11 1
11 Total time deposits
278 289
Available-for-sale financial assets Related parties
State-owned enterprises US
4 56
4 59
Government US 2
28 2
29 Sub-total
84 88
Third parties Rp
- 75
- 72
Total available-for-sale financial assets 159
160 Escrow accounts
Rp -
2,121 -
2,121 US
2 20
3 41
Others Rp -
193 -
192 US
1 1
AUD 1
14 1
14
Total 2,786
2,818
The majority of escrow accounts represent Telkomsel’s account in BNI, in relation to the Conditional Business Transfer Agreement between Telkomsel and the Company Note 35c.ii.
The time deposits have maturities of more than three months but not more than one year, with interest rates as follows:
March 31, 2016 December 31,
2015
Foreign currencies 0.86-1.00
0.85-0.88 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
5. TRADE AND OTHER RECEIVABLES
The breakdown of trade and other receivables is as follows:
March 31,
2016 December
31,2015
Trade receivables 11,710
10,565 Provision for impairment of receivables
2,841 3,048
Net 8,869
7,517 Other receivables
845 358 Provision for impairment of receivables
3 3
Net 842 355
Total trade and other receivables 9,711
7,872
Trade receivables arise from services provided to both retail and non-retail customers, with details as follows:
a. By debtor
i Related parties
March 31, 2016 December 31, 2015
PT Indosat Tbk “Indosat” 445
361
Indonusa 367 342
State-owned enterprises 352
270
Others 277 378
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
Individual and business subscribers 9,163
8,020 Overseas international carriers
1,106 1,194
Total 10,269
9,214 Provision for impairment of receivables
2,753 2,801
Net 7,516
6,413
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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
