PERUSAHAAN PERSEROAN PERSERO PT TELEKOMUNIKASI INDONESIA Tbk AND ITS SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS As of December 31, 2016 and for the Year Then Ended
Figures in tables are expressed in billions of Rupiah, unless otherwise stated
64
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 phases 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 equivalent 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 equivalent 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 equivalent 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 equivalent 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.
On June 29, 2016, the Company resold 172,800,000 shares equivalent to 864,000,000 shares after stock split of treasury stock phase IV with fair value of Rp3,259 billion net of related costs to sell the
shares. The excess amounting to Rp1,996 billion in value of the treasury stock sold over their acquisition cost was recorded as additional paid-in capital Note 19.
21. OTHER EQUITY 2016
2015 Effect of change in equity of associated companies
386 386
Unrealized holding gain on available-for-sale securities 38
38 Transalation adjustment
503 543
Difference due to acquisition of non controlling interests in
subsidiaries 637
508 Other equity components
49 49
Total 339
508
PERUSAHAAN PERSEROAN PERSERO PT TELEKOMUNIKASI INDONESIA Tbk AND ITS SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS As of December 31, 2016 and for the Year Then Ended
Figures in tables are expressed in billions of Rupiah, unless otherwise stated
65
22. REVENUES 2016
2015 Telephone revenues
Cellular Usage charges
38,238 36,853
Monthly subscription charges 259
432 38,497
37,285 Fixed lines
Usage charges 3,847
4,635 Monthly subscription charges
3,311 2,821
Call center 290
275 Others
94 102
7,542 7,833
Total telephone revenues 46,039
45,118 Interconnection revenues
4,151 4,290
Data, internet, and information technology service revenues
Celullar internet and data 28,308
19,665 Short Messaging Services “SMS”
15,980 15,132
Internet, data communication and information technology services
13,073 12,307
Pay TV 1,546
581 Others
64 135
Total data, internet, and information technology service revenues
58,971 47,820
Network revenues 1,444
1,231 Other revenues
Sales of handset 1,490
1,516 Telecommunication tower leases
733 721
Call center service 678
668 E-payment
424 126
E-health 415
192 CPE and terminal
192 221
Others 1,796
567
Total other revenues 5,728
4,011 Total revenues
116,333 102,470
The detail of net revenues received by the Group from agency relationships for the years ended December 31, 2016 and 2015 are as follows:
2016 2015
Gross revenues 29,319
20,414 Compensation to value added service providers
1,011 749
Net revenues 28,308
19,665
Refer to Note 31 for details of related party transactions.
