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 Table of Content
36. ASSETS AND LIABILITIES DENOMINATED IN FOREIGN CURRENCIES continued
2015
U.S. dollar in millions
Japanese yen in millions
Others in millions
Rupiah equivalent
in billions Assets
Cash and cash equivalents 494.19
11.37 10.34
6,957 Other current financial assets
30.37 -
1.02 433
Trade receivables Related parties
1.69 -
- 23
Third parties 104.19
- 1.18
1,453 Other receivables
0.40 -
0.10 7
Advances and other non-current assets 3.88
- -
54 Total assets
634.72 11.37
12.64 8,927
Liabilities
Trade payables Related parties
0.42 -
- 6
Third parties 202.04
10.73 2.39
2,819 Other payables
22.26 -
1.65 330
Accrued expenses 34.45
25.45 0.18
481 Advances from customers and suppliers
0.48 -
- 7
Current maturities of long-term liabilities 12.04
767.90 -
254 Promissory notes
1.99 -
- 28
Long-term liabilities - net of current maturities 187.48
6,143.18 -
3,290 Total liabilities
461.16 6,947.26
4.22 7,215
Assets liabilities - net 173.56
6,935.89 8.42
1,712
Assets and liabilities denominated in other foreign currencies are presented as U.S. dollar equivalents using the buy and sell rates quoted by Reuters prevailing at the end of the reporting period.
The Group’s activities expose them to a variety of financial risks, including the effects of changes in debt and equity market prices, foreign currency exchange rates, and interest rates.
If the Group reports monetary assets and liabilities in foreign currencies as of December 31, 2016 using the exchange rates onMarch 2, 2017, the unrealized foreign exchange lossamounted to Rp22
billion.
37. FINANCIAL RISK MANAGEMENT
1. Fair value of financial assets and financial liabilities a. Classification
i. Financial asset
2016 2015
Fair value of financial assetthrough profit or loss
Derivative asset – put option -
172
Loans and receivables
Cash and cash equivalents 29,767
28,117 Trade receivables and other receivables, net
7,900 7,872
Other current financial assets 313
2,486 Other non-current assets
210 379
Available-for-sale financial assets
Available-for-sale investment 1,158
160
Total financial asset 39,348
39,186
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 Table of Content
37. FINANCIAL RISK MANAGEMENT continued
1. Fair value of financial assets and financial liabilities continued a. Classification continued
ii. Financial liabilites
2016 2015
Financial liabilities measuredat amortized cost
Trade payables and other payables 13,690
14,284 Accrued expenses
11,283 8,247
Loans and other borrowings
Short-term bank loans 911
602 Two-step loans
1,292 1,520
Bonds and notes 9,323
9,548 Long-term bank loans
15,566 18,362
Obligation under finance lease 4,010
4,580 Other borrowings
697 -
Total financial liabilities 56,772
57,143
b. Fair Value
Fair value measurement at reporting date using
2016 Carrying
value Fair Value
Quoted prices in active
markets for identical assets
or liabilities level 1
Significant other
observable inputs
level 2 Significant
unobservable inputs
level 3 Financial assets measured at fair value
Available-for-saleinvestment 1,158
1,158 1,058
100 -
Total 1,158
1,158 1,058
100 -
Financial liabilities for which fair value are disclosed
Interest-bearing loans and other borrowings Two-step loans
1,292 1,312
- -
1,312 Bonds and notes
9,323 9,684
9,342 -
342 Long-term bank loans
15,566 15,404
- -
15,404 Obligation under finance lease
4,010 4,010
- -
4,010 Other borrowings
697 689
- -
689
Total 30,888
31,099 9,342
- 21,757
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 Table of Content
37. FINANCIAL RISK MANAGEMENT continued