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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
20. TREASURY STOCK continued
Pursuant to the AGM of Stockholders of the Company held on June 11, 2010, the stockholders approved the change in the Company’s plan for treasury stock phase I, II, and III to become i for
reissuance inside or outside stock exchange, ii for retirement of the stock by deducting from equity, iii for equity stock conversion and iv for funding purposes.
Pursuant to the AGM of Stockholders of the Company held on May 19, 2011, the stockholders approved to execute the repurchase plan for treasury stock phase IV.
In 2012, the Company bought back 237,270,500 shares equal to 1,186,352,500 shares after stock split from the public part of stock repurchase program phase IV for Rp1,744 billion.
In the AGM on April 19, 2013, the Companys stockholders approved the change to the plan for the treasury stock phase III, which was decided to be used for the implementation of the Employee Stock
Ownership Program “ESOP” for the year 2013. On July 30, 2013, the Company resold 211,290,500 shares equal to 1,056,452,500 shares after stock
split of treasury stock phase I with fair value amounting to Rp2,368 billion net of related costs to sell the shares. The excess amounting to Rp544 billion in value of the treasury shares sold over their
acquisition cost was recorded as additional paid-in capital Note 19.
On June 13, 2014, the Company resold 215,000,000 shares equal to 1,075,000,000 shares after stock split of treasury stock phase II with fair value amounting to Rp2,541 billion net of related costs
to sell the shares. The excess amounting to Rp576 billion in value of the treasury stock sold over their acquisition cost was recorded as additional paid-in capital Note 19.
On December 21, 2015, the Company resold 4,472,600 shares equal to 22,363,000 shares after stock split of treasury stock phase III with fair value amounting to Rp68 billion net of related costs to
sell the shares. The excess amounting to Rp36 billion in value of the treasury stock sold over their acquisition cost was recorded as additional paid-in capital Note 19.
21. OTHER EQUITY RESERVES 2016
2015
The difference in equity transaction of associates 386
386
Unrealized gain on available-for-sale securities 40 38
Transalation adjustments 473
543 The difference in acquisition of non controlling ownership
interest in subsidiaries 508
508
Other equity components 49
49
Total 440 508
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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
22. REVENUES 2016
2015 Telephone revenues
Cellular
Usage charges 8,818
8,185 Monthly subscription charges
107 113
Features 199
8,925 8,497
Fixed lines Usage charges
1,032 1,199
Monthly subscription charges 822
727 Call center
69 73
Others 22
23 1,945
2,022
Total telephone revenues 10,870
10,519 Interconnection revenues
Domestic interconnection 583
674 International interconnection
499 461
Total interconnection revenues 1,082
1,135 Data, internet, and information technology service
revenues Celullar internet and data
6,313 4,102
Short Messaging Services “SMS” 3,957
3,429 Internet, data communication and information technology
services 3,711
2,925 Pay TV
249 40
Others 28
33
Total data, internet, and information technology service revenues
14,258 10,489
Network revenues
Leased lines 110
126 Satellite transponder lease
180 104
Total network revenues 290
230 Other telecommunications revenues
Sales of handset 370
403 Tower leases
178 195
Call center service 137
165 CPE and terminal
60 8
Others 297 432
Total other telecommunications revenues 1,042
1,203 Total revenues
27,542 23,616
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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
22. REVENUES continued
The details of net revenues received by the Group from agency relationships as of March 31, 2016 and 2015 are as follows:
2016 2015
Gross revenues 3,919
3.033 Compensation to value added service providers
208 108
Net revenues 3,711
2.925
Refer to Note 32 for details of related party transactions.
23. PERSONNEL EXPENSES