BANK LOANS BANK LOANS continued

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 73

20. BANK LOANS continued

Other significant information relating to bank loans as of December 31, 2015 is as follows continued: Total Current facility period Principal Interest Interest in payment payment paym ent rate Borrower Currency billions in billions schedule period per annum Security Bank CIMB Niaga continued August 2, 2012 f Balebat h Rp 4 1 Monthly Monthly 10.75 Trade 2012-2015 receivables Note 6, inventories Note 7, property and equipment Note 10 September 20, 2012 a TLT Rp 1,150 - Monthly Monthly 3 Months Property 2015-2030 JIBOR and +3.45 equipment Note 10 September 20, 2012 a TLT Rp 118 - Monthly Monthly 9.00 Property 2015-2030 and equipment Note10 October 10, 2012 f Balebat h Rp 1 Monthly Monthly 10.75 Trade 2012-2015 receivables Note 6, inventories Note 7, property and equipment Note 10 August 26, 2013 f Balebat h Rp 3.5 1 Monthly Monthly 10.75 Trade 2013-2018 receivables Note 6, inventories Note 7, property and equipment Note 10 PT Bank Sumitomo Mitsui Indonesia March 13, 2015 aj Metra Rp 300 - Quarterly Quarterly 3 months None 2016-2020 JIBOR+2.15 March 13, 2015 aj Infomedia Rp 250 - Quarterly Quarterly 3 months None 2016-2020 JIBOR+2.15 JBIC March 26, 2010 ad The Company US 0.06 0.006 Semi-annually Semi-annually 4.56 None 2010-2015 March 28, 2013 ag The Company US 0.03 0.006 Semi-annually Semi-annually 2.18 and None 2014-2019 6 months LIBOR+1.20 BCA July 9, 2009 b Telkomsel Rp 4,000 222 Semi-annually Quarterly 3 months None and July 5, 2010 b 2009-2016 JIBOR+1.00 December 16, 2010 a TII Rp 200 40 Semi-annually Quarterly 3 months None 2011-2015 JIBOR+1.25 AAB Stockholm and SCB December 30, 2009 bc Telkomsel US 0.3 0.041 Semi-annually Semi-annually 6 months None 2011-2016 LIBOR+0.82 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 74

20. BANK LOANS continued

The credit facilities were obtained by the Group for working capital purposes. In original currency a As stated in the agreements, the Group is required to comply with all covenants or restrictions such as dividend distribution, obtaining new loans, and maintaining financial ratios. As of December 31, 2015, the Group has complied with all covenants or restrictions except for certain loan agreements. As of December 31, 2015, Group obtained waiver from the lenders for not presuppose the loan payment as consequences of the breach of covenants, except for loan from BNI and CIMB Niaga. The Group has classified loan from BNI and CIMB Niaga as part of current maturities of long-term liabilities Note 17a. b Telkomsel has no collateral for its bank loans, or other credit facilities. The terms of the various agreements with Telkomsel 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 75

21. NON-CONTROLLING INTERESTS continued

Material partly-owned subsidiary As of December 31, 2015 and 2014, the non-controlling interest which is considered material to the Company is non-controlling ownership interest in Telkomsel amounting to 35 Note 1d. The summarized financial information of Telkomsel below is provided based on amount before elimination of intercompany balances and transactions. Summarized statement of financial position 2014 2015 As restated Current assets 25,660 20,465 Non-current assets 58,426 58,887 Current liabilities 20,020 19,270 Non-current liabilities 12,565 8,604 Total equity 51,501 51,478 Attributable to: Equity holders of parent company 33,477 33,463 Non-controlling interest 18,024 18,015 Summarized statement of profit or loss and other comprehensive income 2014 2015 As restated Revenues 76,055 66,252 Operating expenses 46,429 40,683 Other income 105 151 Profit before income tax 29,731 25,720 Income tax expense - net 7,363 6,329 Profit for the year from continuing operations 22,368 19,391 Other comprehensive income - net 29 165 Total comprehensive income for the year 22,339 19,226 Attributable to non-controlling interest 7,818 6,728 Dividend paid to non-controlling interest 7,810 5,464 Summarized statements of cash flows 2015 2014 Operating activities 36,130 30,863 Investing activities 12,951 11,052 Financing activities 19,456 15,563 Net increase in cash and cash equivalents 3,723 4,248