PERUSAHAAN PERSEROAN PERSERO PT TELEKOMUNIKASI INDONESIA Tbk AND ITS SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS As of June 30, 2015 and for the Six Months Period Then Ended Unaudited
Figures in tables are expressed in billions of Rupiah, unless otherwise stated
33
2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued u. Financial instruments continued
i. Financial assets continued
d. Available-for-sale financial assets continued Available-for-sale securities are stated at fair value. Unrealized holding gains or losses on
available-for-sale securities are excluded from income of the current period and are reported as a separate component in the equity section of the consolidated statements of
financial position until realized. Realized gains or losses from the sale of available-for-sale securities are recognized in the consolidated statements of profit or loss and other
comprehensive income, and are determined on the specific identification basis.
ii. Financial liabilities The Group classifies their financial liabilities as i financial liabilities at fair value through profit
or loss or ii financial liabilities measured at amortized cost. The Group
PERUSAHAAN PERSEROAN PERSERO PT TELEKOMUNIKASI INDONESIA Tbk AND ITS SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS As of June 30, 2015 and for the Six Months Period Then Ended Unaudited
Figures in tables are expressed in billions of Rupiah, unless otherwise stated
34
2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued u. Financial instruments continued
iv. Fair value of financial instruments Fair value is the amount for which an asset could be exchanged, or liability settled, in an arms
PERUSAHAAN PERSEROAN PERSERO PT TELEKOMUNIKASI INDONESIA Tbk AND ITS SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS As of June 30, 2015 and for the Six Months Period Then Ended Unaudited
Figures in tables are expressed in billions of Rupiah, unless otherwise stated
35
2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued v. Treasury stock
Reacquired Company shares of stock are accounted for at their reacquisition cost and classified as
PERUSAHAAN PERSEROAN PERSERO PT TELEKOMUNIKASI INDONESIA Tbk AND ITS SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS As of June 30, 2015 and for the Six Months Period Then Ended Unaudited
Figures in tables are expressed in billions of Rupiah, unless otherwise stated
36
2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued
aa. Impairment of non-financial assets continued In determining fair value less costs to sell, recent market transactions are taken into account, if
available. If no such transactions can be identified, the Group uses an appropriate valuation model to determine the fair value of the asset. These calculations are corroborated by valuation multiples
or other available fair value indicators. Impairment losses of continuing operations are recognized in profit or loss under
