GENERAL AND ADMINISTRATIVE EXPENSES TAXATION TAXATION continued
27. TAXATION continued
d. The components of income tax expense benefit are as follows: 2016 2015 Current The Company 215 294 Subsidiaries 4,657 3,601 4,872 3,895 Deferred The Company 8 6 Subsidiaries 45 148 37 154 4,835 3,741 The reconciliation between the income tax expense calculated by applying the applicable tax rate of 20 to the profit before income tax less income subject to final tax, and the net income tax expense as shown in the consolidated statement of profit or loss and other comprehensive income is as follows: 2016 2015 Profit before income tax 19,498 14,720 Less income subject to final - net 1,027 1,522 18,471 13,198 Tax calculated at the Company’s applicable statutory tax rate of 20 3,694 2,640 Difference in applicable statutory tax rate for subsidiaries 901 650 Non-deductible expenses 159 296 Final income tax expenses 139 75 Others 58 80 Net income tax expense 4,835 3,741 PERUSAHAAN PERSEROAN PERSERO PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS As of June 30, 2016 and For the Six Months Period Then Ended unaudited Figures in tables are expressed in billions of rupiah, unless otherwise stated 7427. TAXATION continued
d. The components of income tax expense benefit are as follows: continued The reconciliation between the profit before income tax and the estimated taxable income of the Company for the three months period ended June 30, 2016 and 2015 is as follows: 2016 2015 Profit before income tax 19,498 14,720 Add back consolidation eliminations 9,374 7,056 Consolidated profit before income tax and eliminations 28,872 21,776 Less: profit before income tax of the subsidiaries 18,554 13,816 Profit before income tax attributable to the Company 10,318 7,960 Less: income subject to final tax 373 266 9,945 7,694 Temporary differences: Provision for onerous contracts 22 - Finance leases 23 52 Provision for personnel expenses 185 359 Net periodic pension and other post-retirement benefits costs 360 79 Depreciation and gain on sale of property and equipment 595 105 Provision for impairment and trade receivables written-off 41 321 Deferred installation fee 12 16 Other provisions 11 134 Early Retirement Allowance Expenses 200 - Net temporary differences 203 316 Permanent differences: Employee benefits 112 103 Net periodic post-retirement health care benefit costs 90 122 Donations 89 79 Equity in net income of associates and subsidiaries 9,388 7,066 Others 90 66 Net permanent differences 9,007 6,696 Taxable income of the Company 735 1,314 Current corporate income tax expense 148 262 Final income tax expense 67 32 Total current income tax expense of the Company 215 294 Current income tax expense of the subsidiaries 4,657 3,601 Total current income tax expense 4,872 3,895 PERUSAHAAN PERSEROAN PERSERO PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS As of June 30, 2016 and For the Six Months Period Then Ended unaudited Figures in tables are expressed in billions of rupiah, unless otherwise stated 7527. TAXATION continued
Parts
» GENERAL a. Establishment and general information
» GENERAL continued a. Establishment and general information continued
» GENERAL continued b. FS English Q2 2016 FINAL
» Public offering of securities of the Company
» GENERAL continued c. Public offering of securities of the Company continued
» GENERAL continued FS English Q2 2016 FINAL
» GENERAL continued d. Subsidiaries continued
» Authorization for the issuance of the consolidated financial statements
» Principles of consolidation SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
» Transactions with related parties
» Prepaid expenses SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued h. Inventories
» Intangible assets SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued h. Inventories
» Leases SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued l.
» Borrowings SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued n. Deferred charges - land rights
» Revenue and expense recognition
» SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued s. Employee benefits continued
» Income tax SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued s. Employee benefits continued
» SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued u. Financial instruments
» SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued u. Financial instruments continued
» Dividends SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued u. Financial instruments continued
» Basic earnings per share and earnings per ADS
» Provision SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued u. Financial instruments continued
» CASH AND CASH EQUIVALENTS continued
» OTHER CURRENT FINANCIAL ASSETS
» TRADE AND OTHER RECEIVABLES continued
» INVENTORIES FS English Q2 2016 FINAL
» ADVANCES AND PREPAID EXPENSES June 30, LONG-TERM INVESTMENTS
» LONG-TERM INVESTMENTS continued FS English Q2 2016 FINAL
» PROPERTY AND EQUIPMENT FS English Q2 2016 FINAL
» PROPERTY AND EQUIPMENT continued
» ADVANCES AND OTHER NON-CURRENT ASSETS
» INTANGIBLE ASSETS continued FS English Q2 2016 FINAL
» ACCRUED EXPENSES June 30, FS English Q2 2016 FINAL
» UNEARNED INCOME June 30, FS English Q2 2016 FINAL
» SHORT-TERM BANK LOANS AND CURRENT MATURITIES OF LONG-TERM BORROWINGS continued
» LONG-TERM BORROWINGS continued FS English Q2 2016 FINAL
» LONG-TERM BORROWINGS continued LONG-TERM BORROWINGS continued
» NON-CONTROLLING INTERESTS June, 30 2016 FS English Q2 2016 FINAL
» NON-CONTROLLING INTERESTS continued FS English Q2 2016 FINAL
» CAPITAL STOCK continued FS English Q2 2016 FINAL
» ADDITIONAL PAID-IN CAPITAL June 30,
» 2,542 ADDITIONAL PAID-IN CAPITAL continued
» TREASURY STOCK continued OTHER EQUITY RESERVES June 30,
» REVENUES 2016 FS English Q2 2016 FINAL
» OPERATION, MAINTENANCE AND TELECOMMUNICATION SERVICE EXPENSES
» GENERAL AND ADMINISTRATIVE EXPENSES TAXATION TAXATION continued
» TAXATION continued FS English Q2 2016 FINAL
» TAXATION continued TAXATION continued
» CASH DIVIDENDS AND GENERAL RESERVE
» Pension benefit costs PENSION AND OTHER POST-EMPLOYMENT BENEFITS continued
» PENSION AND OTHER POST-EMPLOYMENT BENEFITS continued a. Pension benefit costs continued
» PENSION AND OTHER POST-EMPLOYMENT BENEFITS continued b. Pension benefit costs continued
» Obligation under the Labor Law provisions
» Sensitivity Analysis PENSION AND OTHER POST-EMPLOYMENT BENEFITS continued e.
» 3.292 2016 RELATED PARTY TRANSACTIONS continued b. Transactions with related parties
» 1,968 2016 RELATED PARTY TRANSACTIONS continued b. Transactions with related parties continued
» 399 2016 RELATED PARTY TRANSACTIONS continued b. Transactions with related parties continued
» 675 2016 RELATED PARTY TRANSACTIONS continued b. Transactions with related parties continued
» 148 RELATED PARTY TRANSACTIONS continued b. Transactions with related parties continued
» Cash and cash equivalents Note 3 13,956
» 15,028 RELATED PARTY TRANSACTIONS continued b. Transactions with related parties continued
» b. Other current financial assets Note 4
» 1,104 Trade receivables - net Note 5 1,158
» d. Advances and prepaid expenses Note 7
» Advances and other non-current assets Note 10
» 2,075 RELATED PARTY TRANSACTIONS continued b. Transactions with related parties continued
» 386 g. Accrued expenses Note 13
» h. Advances from customers and suppliers
» 97 Short-term bank loans Note 15
» Two-step loans Note 16a Long-term bank loans - net Note 16c
» 10,789 Significant agreements with related parties
» Key management personnel remuneration
» OPERATING SEGMENT continued FS English Q2 2016 FINAL
» Fixed line telephone tariffs
» Mobile cellular telephone tariffs
» Network lease tariffs TELECOMMUNICATIONS SERVICE TARIFFS continued c. Interconnection tariffs
» SIGNIFICANT COMMITMENTS AND AGREEMENTS a. Capital expenditures
» SIGNIFICANT COMMITMENTS AND AGREEMENTS continued
» SIGNIFICANT COMMITMENTS AND AGREEMENTS continued a. Capital expenditures continued
» Others SIGNIFICANT COMMITMENTS AND AGREEMENTS continued b. Borrowings and other credit facilities
» SIGNIFICANT COMMITMENTS AND AGREEMENTS continued c. Others continued
» CONTINGENCIES FS English Q2 2016 FINAL
» CONTINGENCIES continued ASSETS AND LIABILITIES DENOMINATED IN FOREIGN CURRENCIES
» ASSETS AND LIABILITIES DENOMINATED IN FOREIGN CURRENCIES continued FINANCIAL RISK MANAGEMENT
» FINANCIAL RISK MANAGEMENT continued
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