CAPITAL STOCK continued FS 30 Sep 11 Tlkm english

PERUSAHAAN PERSEROAN PERSERO P.T. TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS continued DECEMBER 31, 2010 AUDITED AND SEPTEMBER 30, 2011 UNAUDITED AND NINE MONTHS PERIOD ENDED SEPTEMBER 30, 2010 AND 2011 UNAUDITED Figures in tables are presented in millions of Rupiah, unless otherwise stated 80 28. DIFFERENCE IN VALUE ARISING FROM RESTRUCTURING TRANSACTIONS AND OTHER TRANSACTIONS BETWEEN ENTITIES UNDER COMMON CONTROL The balance of this account amounting to Rp.478,000 million arose from the early termination of the Company’s exclusive rights to provide local and domestic fixed line telecommunication services. As discussed in Note 1a, on December 15, 2005, the Company signed an Agreement on Implementation of Compensation for Termination of Exclusive Rights with the State MoCI - DGPT, which was amended on October 18, 2006. Pursuant to this agreement, the Government agreed to pay Rp.478,000 million, net of tax, to the Company over a five-year period. In addition, the Company is required by the Government to use the funds received from this compensation for the development of telecommunication infrastructure. As of December 31, 2010 and September 30, 2011, the development of the related infrastructure amounted to Rp.537,304 million, respectively. As of December 31, 2010 and September 30, 2011, the Company has received an aggregate of Rp.478,000 million, respectively, in relation to the compensation for the early termination of exclusivity rights, made up of annual payments of Rp.90,000 million from 2005 to 2008 and Rp.118,000 million on August 25, 2009, respectively. The Company recorded these amounts in “Difference in value arising from restructuring transactions and other transactions between entities under common control” in the Stockholders’ Equity section. These amounts are recorded as a component of Stockholders’ Equity because the Government is the majority and controlling stockholder of the Company.

29. TELEPHONE REVENUES 2010

2011 Fixed lines Usage charges 7,058,421 6,181,704 Monthly subscription charges 2,457,293 2,278,723 Installation charges 74,834 101,104 Others 156,752 186,374 Total 9,747,300 8,747,905 Cellular Usage charges 20,616,021 20,007,389 Features 666,580 526,249 Monthly subscription charges 362,191 407,652 Connection fee charges 38,991 1,452 Total 21,683,783 20,942,742 Total Telephone Revenues 31,431,083 29,690,647 as restated, refer to Note 2p PERUSAHAAN PERSEROAN PERSERO P.T. TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS continued DECEMBER 31, 2010 AUDITED AND SEPTEMBER 30, 2011 UNAUDITED AND NINE MONTHS PERIOD ENDED SEPTEMBER 30, 2010 AND 2011 UNAUDITED Figures in tables are presented in millions of Rupiah, unless otherwise stated 81

30. INTERCONNECTION REVENUES 2010

2011 Domestic interconnection and transit 1,620,901 1,553,218 International interconnection 1,153,892 1,072,081 Total 2,774,793 2,625,299 as restated, refer to Note 2p Based on the MoCI Regulation No. 08PerM.KOMINFO022006, the implementation of a cost-based interconnection tariff is applicable beginning January 1, 2007 Note 47. Refer to Note 44 for details of related party transactions. 31. DATA, INTERNET AND INFORMATION TECHNOLOGY SERVICES REVENUES 2010 2011 Short Messaging Services “SMS” 8,774,261 10,132,598 Internet, data communication and 6,082,206 7,573,565 information technology services VoIP 131,942 171,352 e-Business 47,030 23,547 Total 15,035,439 17,901,062 as restated, refer to Note 2p

32. NETWORK REVENUES 2010

2011 Leased lines 520,816 658,917 Satellite transponder lease 382,669 295,455 Total 903,485 954,372 Refer to Note 44 for details of related party transactions.