ASSETS AND LIABILITIES DENOMINATED IN FOREIGN CURRENCIES continued FINANCIAL RISK MANAGEMENT
44. FINANCIAL RISK MANAGEMENT continued
1. Financial risk management continued b. Market price risk The Company and subsidiaries are exposed to changes in debt and equity market prices related to available-for-sale investments carried at fair value. Gains and losses arising from changes in the fair value of available-for-sale investments are recognized in equity. The performance of the Company and subsidiaries’ available-for-sale investments are monitored periodically, together with a regular assesment of their relevance to the Company and subsidiaries’ long-term strategic plans. As of September 30, 2013, management considered the price risk for its available-for-sale investments to be immaterial in terms of the possible impact on profit or loss and total equity from a reasonably possible change in fair value. c. Interest rate risk Interest rate fluctuation is monitored to minimize any negative impact to financial position. Borrowings at variable interest rates expose the Company and subsidiaries to interest rate risk Notes 17, 18, 19, 20 and 21. To measure market risk pertaining to fluctuations in interest rates, the Company and subsidiaries primarily use interest margin and maturity profile of the financial assets and liabilities based on changing schedule of the interest rate. At reporting date, the interest rate profile of the Company and subsidiaries’ interest-bearing borrowings was as follows: September 30, December 31, 2013 2012 Fixed rate borrowings 8,963 7,025 Variable rate borrowings 10,951 12,250 Sensitivity analysis for variable rate borrowings At September 30, 2013, a change of 25 basis points in interest rates of variable rate borrowings would have increased decreased equity and profit or loss by Rp27 billion, respectively. This analysis assumes that all other variables, in particular foreign currency rates, remain constant. d. Credit risk The following table presents the maximum exposure to credit risk of the Company and subsidiaries’ financial assets: September 30, December 31, 2013 2012 Cash and cash equivalents 17,662 13,118 Other current financial assets 411 4,338 Trade and other receivables, net 7,675 5,409 Long-term investments 21 21 Advances and other non-current assets 419 614 Total 26,188 23,500 PERUSAHAAN PERSEROAN PERSERO PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS AS OF SEPTEMBER 30, 2013 UNAUDITED AND FOR NINE MONTHS PERIOD ENDED WITH COMPARATIVE FIGURES AS OF DECEMBER 31, 2012 AUDITED AND FOR NINE MONTHS PERIOD ENDED SEPTEMBER 30, 2012 UNAUDITED Figures in tables are presented in billions of Rupiah, unless otherwise stated 11444. FINANCIAL RISK MANAGEMENT continued
Parts
» GENERAL a. Establishment and general information
» Public offering of securities of the Company
» GENERAL continued d. Subsidiaries
» GENERAL continued d. Subsidiaries continued
» Basis of preparation of financial statements
» Principles of consolidation SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
» Transactions with related parties
» Business combinations SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
» Investments in associated companies
» Prepaid expenses SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued h. Inventories
» Intangible assets SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued h. Inventories
» SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued k. Intangible assets continued
» Leases SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued l.
» Deferred charges - land rights
» Trade payables SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued m. Leases continued
» Borrowings SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued m. Leases continued
» Revenue and expense recognition
» Employee benefits SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued
» SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued
» Income tax Financial instruments
» SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued u. Financial instruments continued
» Basic earnings per share and earnings per ADS
» Segment information SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued w. Dividends
» Provisions SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued w. Dividends
» Retirement benefits SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued w. Dividends
» Retirement benefits continued SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued w. Dividends
» PATRAKOM ACQUISITON FS TLKM 9M 241013 English1
» CASH AND CASH EQUIVALENTS September 30, December 31,
» CASH AND CASH EQUIVALENTS continued September 30, December 31,
» OTHER CURRENT FINANCIAL ASSETS September 30, December 31, TRADE RECEIVABLES
» TRADE RECEIVABLES continued FS TLKM 9M 241013 English1
» INVENTORIES continued FS TLKM 9M 241013 English1
» LONG-TERM INVESTMENTS FS TLKM 9M 241013 English1
» LONG-TERM INVESTMENTS continued PROPERTY AND EQUIPMENT
» PROPERTY AND EQUIPMENT continued PROPERTY AND EQUIPMENT continued
» PROPERTY AND EQUIPMENT continued
» ADVANCES AND OTHER NON-CURRENT ASSETS continued
» INTANGIBLE ASSETS continued FS TLKM 9M 241013 English1
» INTANGIBLE ASSETS continued TRADE PAYABLES September 30, December 31,
» ACCRUED EXPENSES September 30, December 31,
» UNEARNED INCOME FS TLKM 9M 241013 English1
» SHORT-TERM BANK LOANS continued
» CURRENT MATURITIES OF LONG-TERM LIABILITIES continued
» TWO-STEP LOANS continued FS TLKM 9M 241013 English1
» BANK LOANS continued BANK LOANS continued
» BANK LOANS continued FS TLKM 9M 241013 English1
» NON-CONTROLLING INTEREST September 30, December 31,
» CAPITAL STOCK September 30, 2013 FS TLKM 9M 241013 English1
» CAPITAL STOCK continued December 31, 2012
» ADDITIONAL PAID-IN CAPITAL continued REVENUES 2013
» REVENUES continued FS TLKM 9M 241013 English1
» TAXATION continued TAXATION continued
» TAXATION continued FS TLKM 9M 241013 English1
» BASIC AND DILUTED EARNINGS PER SHARE
» CASH DIVIDENDS AND GENERAL RESERVE
» RETIREMENT BENEFITS OBLIGATION September 30, December 31,
» RETIREMENT BENEFITS OBLIGATION continued
» RETIREMENT BENEFITS OBLIGATION continued a. Prepaid pension benefit costs continued
» RETIREMENT BENEFITS OBLIGATION continued b. Pension benefit costs provisions continued
» LONG SERVICE AWARDS “LSA” POST-RETIREMENT HEALTH CARE BENEFITS
» POST-RETIREMENT HEALTH CARE BENEFITS continued
» 3,166 RELATED PARTY TRANSACTIONS continued b. Transactions with related parties continued
» 503 RELATED PARTY TRANSACTIONS continued b. Transactions with related parties continued
» 235 RELATED PARTY TRANSACTIONS continued b. Transactions with related parties continued
» Cash and cash equivalents Note 4 14,565
» 8,992 RELATED PARTY TRANSACTIONS continued b. Transactions with related parties continued
» b. Other current financial assets Note 5
» 701 Trade receivables - net Note 6 1,052
» d. Advances and prepaid expenses Note 8
» 14 September 30, 2013 Advances and other non-current assets Note 12
» 432 Advances and other non-current assets Note 12
» 89 Advances and other non-current assets Note 12
» h. Advances from customers and suppliers
» 5 j. Short-term bank loans Note 17
» Long-term bank loans Note 21
» 8,396 RELATED PARTY TRANSACTIONS continued b. Transactions with related parties continued
» Key management personnel remuneration
» SEGMENT INFORMATION FS TLKM 9M 241013 English1
» SEGMENT INFORMATION continued FS TLKM 9M 241013 English1
» REVENUE-SHARING ARRANGEMENTS “RSA” FS TLKM 9M 241013 English1
» Mobile cellular telephone tariffs
» Interconnection tariffs TELECOMMUNICATIONS SERVICES TARIFFS
» SIGNIFICANT COMMITMENTS AND AGREEMENTS
» SIGNIFICANT COMMITMENTS AND AGREEMENTS continued a. Capital expenditures continued
» Borrowings and other credit facilities
» SIGNIFICANT COMMITMENTS AND AGREEMENTS continued c. Others
» SIGNIFICANT COMMITMENTS AND AGREEMENTS continued
» SIGNIFICANT COMMITMENTS AND AGREEMENTS continued c. Others continued
» CONTINGENCIES FS TLKM 9M 241013 English1
» CONTINGENCIES continued FS TLKM 9M 241013 English1
» ASSETS AND LIABILITIES DENOMINATED IN FOREIGN CURRENCIES
» ASSETS AND LIABILITIES DENOMINATED IN FOREIGN CURRENCIES continued FINANCIAL RISK MANAGEMENT
» 0.10 FINANCIAL RISK MANAGEMENT continued
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