TREASURY STOCK continued FS YE Audited 2014 English

PERUSAHAAN PERSEROAN PERSERO PT TELEKOMUNIKASI INDONESIA Tbk AND ITS SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS As of December 31, 2014 and for the Year Then Ended Figures in tables are expressedin billions of Rupiah, unless otherwise stated 78

31. TAXATION continued

b. Prepaid taxes 2014 2013 Subsidiaries Corporate income tax 28 58 VAT 835 445 Income tax Article 23 - Withholding tax on service delivery 27 22 890 525 c. Taxes payable 2014 2013 The Company Income taxes Article 4 2 - Final tax 27 11 Article 21 - Individual income tax 25 34 Article 22 - Withholding tax on goods delivery and imports 2 5 Article 23 - Withholding tax on service delivery 10 12 Article 25 - Installment of corporate income tax 61 53 Article 26 - Withholding tax on non-resident income 2 1 Article 29 - Corporate income tax - 165 VAT VAT 197 194 VAT – Tax collector 257 247 581 722 Subsidiaries Income taxes Article 4 2 - Final tax 81 48 Article 21 - Individual income tax 97 82 Article 23 - Withholding tax on service delivery 72 34 Article 25 - Installment of corporate income tax 483 440 Article 26 - Withholding tax on non-resident income 28 16 Article 29 - Corporate income tax 957 284 VAT 77 72 1,795 976 2,376 1,698 PERUSAHAAN PERSEROAN PERSERO PT TELEKOMUNIKASI INDONESIA Tbk AND ITS SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS As of December 31, 2014 and for the Year Then Ended Figures in tables are expressedin billions of Rupiah, unless otherwise stated 79

31. TAXATION continued

d. The components of income tax expense benefit are as follows: 2014 2013 Current The Company 822 909 Subsidiaries 6,794 6,086 7,616 6,995 Deferred The Company 178 149 Subsidiaries 100 13 278 136 7,338 6,859 The reconciliation between the income tax expense calculated by applying the applicable tax rate of 20 to the profit before income tax less income subject to final tax, and the net income tax expense as shown in the consolidated statement of comprehensive income is as follows: 2014 2013 Profit before income tax 28,784 27,149 Less income subject to final tax 2,334 1,780 26,450 25,369 Tax calculated at the Company’s applicable statutory tax rate of 20 5,290 5,074 Difference in applicable statutory tax rate for subsidiaries 1,237 1,213 Non-deductible expenses 463 460 Final income tax expenses 168 93 Deffered tax assets that cannot be utilized - net 94 26 Others 86 7 Net income tax expense 7,338 6,859