PERUSAHAAN PERSEROAN PERSERO P.T. TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS UNAUDITED continued SEPTEMBER 30, 2007 AND 2008,
AND NINE MONTHS PERIOD ENDED SEPTEMBER 30, 2007 AND 2008 Figures in tables are presented in millions of Rupiah, unless otherwise stated
98
45. SEGMENT INFORMATION continued
2008 Fixed
Fixed Total before
Total wireline
wireless Cellular
Others elimination Elimination consolidated
Segment results
External operating revenues 14,688,906
2,499,110 27,104,103
308,095 44,600,214
- 44,600,214
Inter-segment operating revenues 1,268,727
43,305 249,870
226,338 1,701,630
1,701,630 -
Total segment revenues 15,957,633
2,455,805 27,353,973
534,433 46,301,844
1,701,630 44,600,214
External operating expenses 12,404,542
1,417,757 13,135,480
463,767 27,421,546
- 27,421,546
Inter-segment operating expenses 289,035
- 1,532,158
18,112 1,839,305
1,839,305 -
Segment expenses 12,693,577
1,417,757 14,667,638
481,879 29,260,851
1,839,305 27,421,546
Segment results 3,264,056
1,038,048 12,686,335
52,554 17,040,993
137,675 17,178,668
Interest expense 1,001,438
Interest income 495,233
Loss on foreign exchange - net 63,806
Other income - net 326,769
Income tax expense 4,821,920
Equity in net income of associated companies
2,476 Income before minority interest
12,115,982 Unallocated minority interest
3,196,094 Net income
8,919,888 Other information
Segment assets 31,048,976
7,604,161 51,345,704
682,193 90,681,034
4,799,187 85,881,847
Investments in associates 121,200
- 20,359
- 141,559
- 141,559
Total consolidated assets 86,023,406
Total consolidated liabilities 20,751,310
1,644,512 26,729,172
303,553 49,428,547
4,799,186 44,629,361
Minority interest 69,663
- -
8,182 77,845
8,722,937 8,800,782
Capital expenditures 2,302,901
767,838 10,686,096
44,701 13,801,536
- 13,801,536
Depreciation and amortization 2,714,376
289,827 4,974,782
40,614 8,019,599
15,995 8,003,604
Amortization of goodwill and other intangible assets
778,028 -
35,036 -
813,064 -
813,064 Other non-cash expenses
404,828 -
40,150 899
445,877 -
445,877
46. JOINT OPERATION SCHEMES KERJA SAMA OPERASI OR KSO In 1995, the Company and five investors Pramindo, TII, MGTI, Dayamitra and BSI entered into
agreements for KSO and KSO construction agreements for the provision of telecommunication facilities and services for the Sixth Five-Year Development Plan “Repelita VI” of the Republic of
Indonesia. The five investors undertook the development and operation of the basic fixed telecommunications facilities and services in five of the Companys seven Divre.
Following the Indonesian economics crisis that began in mid-1997, certain KSO partners experienced difficulties in fulfilling their commitment under the KSO agreements. As remedial measures instituted
by both the Company and the KSO partners did not fully remedy this situation, the Company acquired and currently controls the related KSO through acquisition of its KSO partners or the businesses.
Accordingly, the revenue-sharing percentage in those KSO is no longer relevant as the financial statements of the acquired KSO partners and the related KSO are consolidated into the Company’s
consolidated financial statements since the date of acquisition Note 24.
PERUSAHAAN PERSEROAN PERSERO P.T. TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS UNAUDITED continued SEPTEMBER 30, 2007 AND 2008,
AND NINE MONTHS PERIOD ENDED SEPTEMBER 30, 2007 AND 2008 Figures in tables are presented in millions of Rupiah, unless otherwise stated
99
47. REVENUE-SHARING ARRANGEMENTS RSA
The Company has entered into agreements with several investors under RSA to develop fixed lines, public card-phone booths including their maintenance, data and internet network and related
supporting telecommunications facilities. As of September 30, 2008, the Company has 44 RSA with 38 investors. The RSA are located mainly
in Pekanbaru, Jakarta, East Java, Kalimantan, Makassar, Pare-pare, Manado, Denpasar, Mataram and Kupang, with concession periods ranging from 48 to 176 months.
Under the RSA, the investors finance the costs incurred in developing the telecommunications facilities. Upon completion of the construction, the Company manages and operates the facilities and
bears the cost of repairs and maintenance during the revenue-sharing periods. The investors legally retain the rights to the property, plant and equipment constructed by them during the RSA periods. At
the end of each the RSA period, the investors transfer the ownership of the facilities to the Company at a nominal price.
Generally, the revenues earned from the customers in the form of line installation charges are allocated in full to the investors. The revenues from outgoing telephone pulses and monthly
subscription charges are shared between the investors and the Company based on certain agreed ratio.
The net book value of the property, plant and equipment under RSA which have been transferred to property, plant and equipment of the Company amounted to Rp.91,392 million and Rp.52,706 million
as of September 30, 2007 and 2008, respectively Note 12. The investors share of revenues amounted to Rp.321,306 million and Rp.249,210 million for the nine
months period ended September 30, 2007 and 2008, respectively.
48. TELECOMMUNICATIONS SERVICES TARIFFS Under Law No. 361999 and Government Regulation No. 522000, tariffs for the use of
telecommunications network and telecommunication services are determined by providers based on the tariffs category, structure and with respect to fixed line telecommunications services, at price cap
formula set by the Government. a. Fixed line telephone tariffs
Fixed line telephone tariffs are imposed for network access and usage. Access charges consist of a one-time installation charge and a monthly subscription charge. Usage charges are measured
in pulses or minutes and classified as either local or SLJJ. The tariffs depend on call distance, call duration, time of call, day of the week and holidays.
