PERUSAHAAN PERSEROAN PERSERO PT TELEKOMUNIKASI INDONESIA Tbk AND ITS SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS As of December 31, 2015 and for the Year Then Ended
Figures in tables are expressed in billions of Rupiah, unless otherwise stated
84
30. 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 year ended December 31, 2015 and 2014 is as follows:
2014 2015
As restated
Profit before income tax 31,342
28,613 Add back consolidation eliminations
15,553 13,110
Consolidated profit before income tax and eliminations 46,895
41,723 Less: profit before income tax of the subsidiaries
31,007 26,309
Profit before income tax attributable to the Company 15,888
15,414 Less: income subject to final tax
591 622
15,297 14,792
Temporary differences: Provision for onerous contracts
547 -
Finance leases 231
64 Provision for personnel expenses
127 342
Valuation of fair value of put option and long-term investment 117
8 Net periodic pension and other post-retirement benefits costs
12 370
Provision for impairment of assets -
805 Depreciation and gain on sale of property
and equipment 948
574 Provision for incentives to subscribers
PERUSAHAAN PERSEROAN PERSERO PT TELEKOMUNIKASI INDONESIA Tbk AND ITS SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS As of December 31, 2015 and for the Year Then Ended
Figures in tables are expressed in billions of Rupiah, unless otherwise stated
85
30. TAXATION continued
d. The components of income tax expense benefit are as follows: continued Tax Law No. 362008 which is futher regulated in Government Regulation No. 772013 stipulates
a reduction of 5 from the top rate applicable to qualifying listed companies, for those whose stocks are traded in the IDX which meet the prescribed criteria that the public owns 40 or more
of the total fully paid and traded shares, and such shares are owned by at least 300 parties, with each party owning less than 5 of the total paid-up shares. These requirements must be met by a
company for a period of 183 days in one tax year. The Company has met all of the required criteria; therefore, for the purpose of calculating income tax expense and liabilities for the financial
reporting years ended December 31, 2015 and 2014, the Company has reduced the applicable tax rate by 5.
The Company applied the tax rate of 20 for the years ended December 31, 2014 and 2015. The subsidiaries applied a tax rate of 25 for the years ended December 31, 2014 and 2015.
e. Tax assessment i The Company
In November 2013, the Company received tax underpayment assesment letters
PERUSAHAAN PERSEROAN PERSERO PT TELEKOMUNIKASI INDONESIA Tbk AND ITS SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS As of December 31, 2015 and for the Year Then Ended
Figures in tables are expressed in billions of Rupiah, unless otherwise stated
86
30. TAXATION continued
