Akuisisi Financial Report | Smartfren

PT SMARTFREN TELECOM Tbk DAN ENTITAS ANAK Catatan atas Laporan Keuangan Konsolidasian 30 September 2013 Tidak Diaudit dan 31 Desember 2012 Diaudit serta untuk Periode Sembilan Bulan yang Berakhir 30 September 2013 dan 2012 Tidak Diaudit Angka-angka Disajikan dalam Rupiah, kecuali Dinyatakan Lain PT SMARTFREN TELECOM Tbk AND ITS SUBSIDIARIES Notes to Consolidated Financial Statements September 30, 2013 Unaudited and December 31, 2012 Audited and For the Nine-Month Period Ended September 30, 2013 and 2012 Unaudited Figures are Presented in Rupiah, unless Otherwise Stated - 56 - Kas 6.009.132.700 Cash Saham diterbitkan 3.769.362.809.300 Shares Issued Jumlah imbalan yang dialihkan 3.775.371.942.000 Total consideration transferred Nilai wajar aset dan liabilitas teridentifikasi yang diperoleh: The fair value of identifiable assets acquired and liabilities assumed follows: ASET ASSETS Kas dan setara kas 58.105.949.981 Cash and cash equivalents Piutang usaha 64.800.905.017 Trade account receivable Piutang lain-lain 5.775.051.243 Other accounts receivable Persediaan 134.381.926.025 Inventories Pajak dibayar dimuka 225.228.363.434 Prepaid taxes Biaya dibayar dimuka 50.354.612.322 Prepaid expenses Aset tetap 4.665.069.072.360 Property and equipment Aset tidak berwujud 744.465.277.575 Intangible assets Aset lain-lain 918.031.152.411 Other assets Jumlah aset 6.866.212.310.368 Total assets LIABILITAS LIABILITIES Utang usaha 214.341.497.705 Trade accounts payable Utang lain-lain 166.943.519.570 Other accounts payable Utang pajak 4.184.213.141 Taxes payable Biaya masih harus dibayar 246.454.295.215 Accrued expenses Pendapatan diterima dimuka 51.386.774.653 Unearned revenues Uang jaminan pelanggan 26.101.381.709 Deposits from customers Fasilitias pinjaman 2.954.179.778.235 Loan facilities Kewajiban imbalan pasca kerja 26.513.347.550 Post-employment benefits obligation Jumlah liabilitas 3.690.104.807.778 Total liabilities Jumlah nilai wajar aset bersih Fair value of identifiable yang teridentifikasi 3.176.107.502.590 net assets Non-controlling interest share in fair value Nilai wajar kepentingan non-pengendali 1.778.198.341 of identifiable net assets Kewajiban pajak tangguhan atas akuisisi 145.262.036.061 Deferred tax liabilities arising on acquisition Goodwill atas akuisisi 746.304.673.812 Goodwill arising on acquisition Harga imbalan yang dialihkan 3.775.371.942.000 Total consideration transferred Perusahaan menerbitkan 75.684.753.658 saham Seri B sebagai bagian dari pembayaran atas 99,944 kepemilikan di Smartel. Nilai wajar saham berupa harga pasar saham Perusahaan pada tanggal akuisisi. Nilai wajar imbalan yang diberikan sebesar Rp 3.769.362.809.300. The Company issued 75,684,753,658 Series B shares as part of the consideration for the 99.944 interest in Smartel. The fair value of the shares was based on the published price of the shares of the Company at the acquisition date. Accordingly, the fair value of shares issued amounted to Rp 3,769,362,809,300. Goodwill sebesar Rp 746.304.673.812 merupakan potensi pendapatan minimum atas sinergi operasi yang bisa didapatkan dari Smartel. Tidak ada pengaruh goodwill yang dapat menjadi pengurang penghasilan kena pajak. The goodwill of Rp 746,304,673,812, reflecting expected potential minimum amount of revenue upon operation synergies, was obtained from Smartel. None of the goodwill recognized is expected to be deductible for income tax purposes. PT SMARTFREN TELECOM Tbk DAN ENTITAS ANAK Catatan atas Laporan Keuangan Konsolidasian 30 September 2013 Tidak Diaudit dan 31 Desember 2012 Diaudit serta untuk Periode Sembilan Bulan yang Berakhir 30 September 2013 dan 2012 Tidak Diaudit Angka-angka Disajikan dalam Rupiah, kecuali Dinyatakan Lain PT SMARTFREN TELECOM Tbk AND ITS SUBSIDIARIES Notes to Consolidated Financial Statements September 30, 2013 Unaudited and December 31, 2012 Audited and For the Nine-Month Period Ended September 30, 2013 and 2012 Unaudited Figures are Presented in Rupiah, unless Otherwise Stated - 57 - Perusahaan memilih untuk mengukur kepentingan non-pengendali pada saat akuisisi sebesar bagian proporsi kepentingan non- pengendali atas aset bersih teridentifikasi dari perusahaan yang diakuisisi The Company has elected to measure the non- controlling interest in the acquiree at non- controlling interests’ proportionate share in the fair value of the acquiree’s identifiable net assets. Analisa arus kas pada saat akuisisi: Analysis of cash flows on acquisition: Saldo kas anak perusahaan yang diakuisisi 58.105.949.981 Cash balance of acquired subsidiary Kas dibayar 6.009.132.700 Cash paid Biaya akuisisi 392.500.000 Acquisition - related costs Biaya penerbitan saham 4.508.851.644 Shares issuance costs Arus kas bersih atas akuisisi anak perusahaan 47.195.465.637 Net cash flows from acquisition of a subsidiary Grup mencatat kombinasi bisnis sesuai dengan peraturan Bapepam-LK dalam pelaksanaan transaksi kombinasi bisnis. The Group accounted the business combination in compliance with the regulation of Bapepam-LK on implementing the business combination transactions.

5. Kas dan Setara Kas

5. Cash and Cash Equivalents

30 September 2013 31 De sember 20 12 September 30, 2013 Dece mber 31, 2012 K as Cash on hand Rupiah 9 27.420.000 929.030.000 Rupiah Poundsterling Catatan 42 23.812.881 - Poundsterling Note 42 Dolar Amerika Serikat Catatan 42 21.089.208 19.340.000 U.S. Dollar Note 42 Jumlah kas 9 72.322.089 948.370.000 Subtotal cash on hand B ank Cash in banks Rupiah Rupiah Pihak berelasi Catatan 41 Related party Note 41 PT Ban k Sinarmas Tbk 57.9 96.842.441 25.703.609.957 PT Bank Sinarmas Tbk Pihak keti ga Third parties PT Ban k of China 6.0 52.626.546 308.198.372 PT Bank of China PT Ban k Central A sia Tbk 5.4 23.546.795 11.133.844.158 PT Bank Central Asia Tbk PT Ban k Danamon Indonesia Tbk 3.5 40.693.016 89.705.039.840 PT Bank Danamon Indonesia Tbk PT Ban k Mandiri Persero Tbk 3.2 26.858.033 3.676.224.430 PT Bank Mandiri Persero Tbk PT Ban k Rakyat Indonesia P ersero Tbk 1.1 42.385.091 505.633.866 PT Bank Rakyat Indonesia Persero Tbk PT Ban k CIMB Nia ga Tbk 8 58.447.000 346.336.060 PT Bank CIMB Niaga Tbk PT Ban k Negara Indon esia Perse ro Tbk 6 68.617.416 377.579.856 PT Bank Negara Indonesia Persero Tbk PT Ban k Internasional Indonesia Tbk 3 43.099.053 61.700.848 PT Bank Internasional Indonesia Tbk PT Ban k QNB Kesawan Tbk 2 58.061.007 - PT Bank QNB Kesawan Tbk PT Ban k Bukopi n Tbk 2 19.662.218 219.138.657 PT Bank Bukopin Tbk PT Ban k Permata Tbk 1 93.922.248 171.516.929 PT Bank Permata Tbk PT Ban k Panin Tbk 1 45.626.749 65.267.202 PT Bank Panin Tbk PT Ban k Jawa Barat Tbk 1 12.661.880 36.448.515 PT Bank Jawa B arat Tbk PT Ban k Tabungan Ne gara Persero Tbk 1 02.111.319 - PT Bank Tabung an Negara Persero Tbk Standard Chartered Bank 82.234.681 24.220.000 Standard Chartered Bank PT Ban k Mega Tbk 51.294.615 48.692.493 PT Bank Mega Tbk PT Ban k DKI 25.387.172 - PT Bank DKI Jumlah-pihak ketiga 22.4 47.234.839 106.679.841.226 Subtotal-third parties Jumlah Rupiah 80.4 44.077.280 132.383.451.183 Subtotal - Rupiah PT SMARTFREN TELECOM Tbk DAN ENTITAS ANAK Catatan atas Laporan Keuangan Konsolidasian 30 September 2013 Tidak Diaudit dan 31 Desember 2012 Diaudit serta untuk Periode Sembilan Bulan yang Berakhir 30 September 2013 dan 2012 Tidak Diaudit Angka-angka Disajikan dalam Rupiah, kecuali Dinyatakan Lain PT SMARTFREN TELECOM Tbk AND ITS SUBSIDIARIES Notes to Consolidated Financial Statements September 30, 2013 Unaudited and December 31, 2012 Audited and For the Nine-Month Period Ended September 30, 2013 and 2012 Unaudited Figures are Presented in Rupiah, unless Otherwise Stated - 58 - 30 September 2013 31 De sember 20 12 September 30, 2013 Dece mber 31, 2012 Dolar Amerika Serikat Catatan 42 U.S. Dollar Note 42 Pihak berelasi Catatan 41 Related party Note 41 PT Ban k Sinarmas Tbk 21.9 45.752.805 1.176.566.113 PT Bank Sinarmas Tbk Pihak keti ga Third parties PT Ban k Danamon Indonesia Tbk 3.1 12.200.967 256.534.561 PT Bank Danamon Indonesia Tbk Deutsche Bank A G, Amsterdam 2.0 75.344.481 1.341.543.178 Deutsche Bank AG, Amsterdam PT Ban k Central A sia Tbk 9 58.764.403 667.867.639 PT Bank Central Asia Tbk PT Ban k of China 3 24.636.769 383.091.749 PT Bank of China PT Ban k Mandiri Persero Tbk 27.871.157 - PT Bank Mandiri Persero Tbk Shenzen Development B ank Co. Ltd 22.655.221 18.952.620 Shenzen Development Bank Co. Ltd PT Ban k QNB Kesawan Tbk 11.455.000 - PT Bank QNB Kesawan Tbk Jumlah pihak ketiga 6.5 32.927.998 2.667.989.747 Subtotal - third party Jumlah-Dolar Amerika Serikat 28.4 78.680.803 3.844.555.860 Subtotal-U.S. Dollar Poundsterling Catatan 42 Poundsterling Note 42 Pihak keti ga Third party Bank Mandiri Europe Ltd - 196.707.566 Bank Mandiri Europe L td Euro Catatan 42 Euro Note 42 Pihak keti ga Third party Deutsche Bank A G, Amsterdam 8 88.510.223 428.138.186 Deutsche Bank AG, Amsterdam Jumlah kas di bank 109.8 11.268.306 136.852.852.795 Subtotal cash in banks Deposito berjangka Time deposits Rupiah Rupiah Pihak berelasi Catatan 41 Related party Note 41 PT Ban k Sinarmas Tbk 1.0 00.000.000 3.500.000.000 PT Bank Sinarmas Tbk Pihak keti ga Third party PT Ban k Danamon Indonesia Tbk 229.7 50.000.000 - PT Bank Danamon Indonesia Tbk PT Ban k QNB Kesawan Tbk 73.1 00.000.000 - PT Bank QNB Kesawan Tbk Dolar Amerika Serikat Catatan 42 U.S. Dollar Note 42 Pihak keti ga Third party PT Ban k QNB Kesawan Tbk 150.9 69.000.000 - PT Bank QNB Kesawan Tbk PT Ban k Danamon Indonesia Tbk 116.1 30.000.000 - PT Bank Danamon Indonesia Tbk Jumlah - deposito berjangka 570.9 49.000.000 3.500.000.000 Subtotal - time deposits Jumlah 681.7 32.590.395 141.301.222.795 Total Tingkat bunga per tahun deposito berjangka Interest rate per annum of ti me deposits Rupiah 8 - 8,25 5,5 Rupiah Dolar Amerika Serikat 3,00 - U.S Dollar Pada tanggal 30 September 2013 dan 31 Desember 2012, kas dan setara kas Entitas anak digunakan sebagai jaminan atas perolehan pinjaman dari China Development Bank CDB masing-masing sebesar Rp 218.750.087.567 dan Rp 75.191.127.209, namun tidak dibatasi penggunaannya Catatan 22. As of September 30, 2013 and December 31, 2012, cash and cash equivalents of the subsidiary are used as collateral for the loan obtained from China Development Bank CDB amounting to Rp 218,750,087,567 and Rp 75,191,127,209, respectively, but the usage is not restricted Note 22.