INCOME STATEMENT OVERVIEW
The following table sets out our Consolidated Statements of Comprehensive Income, itemized according to our main products and services, for the three years 2014 through 2012. Each item is expressed as a percentage of total
revenues or expenses:
As of December 31, 2014
2013 2012
Rp billion
US million
Rp billion
Rp billion
Revenues Telephone Revenues
Cellular
Usage charges 32,972
2,662 36.8
30,722 37.0
29,477 38.2
Features 751
61 0.8
686 0.8
558 0.7
Monthly subscription charges 567
46 0.6
730 0.9
696 0.9
Total Cellular 34,290
2,769 38.2
32,138 38.7
30,731 39.8
Fixed Line
Usage charges 5,347
432 6.0
6,453 7.8
7,323 9.5
Monthly subscription charges 2,697
218 3.0
2,682 3.2
2,805 3.6
Call center 736
59 0.8
324 0.4
228 0.3
Installation charges 31
2 12
112 0.1
Others 70
6 0.1
230 0.3
194 0.3
Total Fixed Line 8,881
717 9.9
9,701 11.7
10,662 13.8
Total Telephone Revenues 43,171
3,486 48.1
41,839 50.4
41,393 53.6
Data, Internet and Information Technology Services Revenues
Internet, data communication and information technology services
23,550 1,902
26.3 19,267
23.3 14,857
19.3 Short Messaging Service SMS
14,034 1,133
15.7 13,134
15.8 12,631
16.4 e-Business
103 8
0.1 83
0.1 55
0.1 VoIP
25 2
119 0.1
81 0.1
Total Data, Internet and Information Technology Services Revenues
37,712 3,045
42.1 32,603
39.3 27,624
35.9 Interconnection Revenues
4,708 380
5.3 4,843
5.9 4,273
5.5 Network Revenues
1,280 103
1.4 1,253
1.5 1,208
1.6 Others Telecommunications Services Revenues
2,825 228
3.1 2,429
2.9 2,645
3.4 Total Revenues
89,696 7,242
100 82,967
100 77,143
100 Expenses
Operations, Maintenance and Telecommunication Services Expenses
Operations and maintenance 12,583
1,016 20.5
10,667 18.5
9,012 16.7
Radio frequency usage charges 3,207
259 5.2
3,098 5.4
3,002 5.6
Concession fees and Universal Service Obligation USO charges
1,818 147
3.0 1,595
2.8 1,452
2.7 Electricity, gas and water
1,180 95
1.9 1,063
1.8 879
1.6 Cost of phone,set top boxes, SIM and RUIM cards
1,031 83
1.7 752
1.3 687
1.3 Leased lines and CPE
758 61
1.2 440
0.8 407
0.8 Vehicles rental and supporting facilities
581 47
0.9 439
0.8 293
0.5 Cost of IT service
357 29
0.6 677
1.2 222
0.4 Insurance
335 27
0.5 374
0.6 671
1.2
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PT Telkom Indonesia Tbk Persero
As of December 31, 2014
2013 2012
Rp billion
US million
Rp billion
Rp billion
Project Management Expenses 180
15 0.3
138 0.2
102 0.2
Others 258
21 0.4
89 0.2
76 0.1
Total Operations, Maintenance and Telecommunication Services Expenses
22,288 1,800
36.2 19,332
33.6 16,803
31.1 Depreciation and Amortization Expenses
17,131 1,383
27.9 15,780
27,3 14,456
26.8 Personnel Expenses
Salaries and related benefits 3,759
303 6.1
3,553 6.2
3,257 6.0
Vacation pay, incentives and other benefits 3,182
257 5.2
3,252 5.6
3,400 6.3
Employees’ income tax 1,317
106 2.1
1,160 2.0
1,022 1.9
Net periodic pension costs 645
52 1.1
873 1.5
789 1.4
Housing 224
18 0.4
220 0.4
200 0.4
LSA expense 115
9 0.2
19 121
0.2 Other employee benefit
108 9
0.2 71
0.1 38
0.1 Insurance
98 8
0.2 92
0.2 83
0.2 Net periodic post-retirement health care benefits
costs 74
6 0.1
374 0.7
90 0.2
Other post-retirement benefits costs 61
5 0.1
66 0.1
65 0.1
Early Retirement Program 699
1.3 Others
33 3
0.1 53
0.1 22
0.1
Total Personnel Expenses 9,616
776 15.8
9,733 16.9
9,786 18.2
Interconnection Expenses 4,893
395 8.0
4,927 8.5
4,667 8.6
Marketing Expenses 3,092
250 5.0
3,044 5.3
3,094 5.7
General and Administrative Expenses 3,963
320 6.5
4,155 7.2
3,036 5.6
Gain loss on foreign exchange – net 14
1 249
0.4 189
0.3 Other expenses
396 32
0.6 480
0.8 1,973
3.7
Total Expenses 61,393
4,957 100
57,700 100
54,004 100
Other Income 1,074
87 2,579
2,559
Operating Profit 29,377
2,372 27,845
25,698
Finance income 1,238
100 836
596 Finance costs
1,814 146
1,504 2,055
Share of loss of associated companies 17
1 29
11
Profit Before Income Tax 28,784
2,324 27,149
24,227
Income Tax Expense Benefit 7,338
592 6,859
5,866
Profit for the Year 21,446
1,734 20,290
18,362 Total other comprehensive income - net
25 2
112 26
Total comprehensive income for the year 21,471
1,734 20,402
18,388 Profit for the year attributable to owners of the
parent company
14,638 1,182
14,205 12,850
Profit for the year attributable to non-controlling interest
6,808 550
6,085 5,512
Total comprehensive income for the year attributable to owners of the parent company
14,663 1,184
14,317 12,876
Total comprehensive income for the year attributable to non-controlling interest
6,808 550
6,085 5,512
Income per share in full amount 149.83
147.42 133.84
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FINANCIAL AND PERF
ORMANCE HIGHLIGHT
MANA GEMENT
REPOR T
PREF A
GENERAL INF
ORMA TION OF
TELK OM INDONE
SIA
MANA GEMENT’S DISCUSSION
AND ANAL Y
SIS
CORPORA TE GO
VERNANCE
SOCIAL AND ENVIRONMENT
AL
RE SPONSIBILITY
APPENDICE S
1. Revenues Total revenues increased by Rp6,729 billion, or 8.1, from
Rp82,967 billion in 2013 to Rp89,696 billion in 2014. The increase in revenues was primarily contributed by data
internet and information technology service revenues, and cellular telephone revenues, and to a lesser extend
others telecomunication services revenues.
a. Cellular Telephone Revenues Cellular telephone revenues increased by Rp2,152
billion, or 6.7, from Rp32,138 billion in 2013 to Rp34,290 billion in 2014.
Usage charges increased by Rp2,250 billion, or 7.3, from Rp30,722 billion in 2013 to Rp32,972 billion in
2014 due to an increase of 6.9 in both our prepaid and postpaid subscribers, also due to increasing of
our local and long distance usage. Revenues from features increased by Rp65 billion, or 9.5, from
Rp686 billion in 2013 to Rp751 billion in 2014 due to increase in usage features by our subscribers. Monthly
subscription charges decreased by Rp163 billion, or 22.3, from Rp730 billion in 2013 to Rp567 billion in
2014.
Our total cellular telephone revenues accounted for 38.2 of our consolidated revenues for the year ended
December 31, 2014.
b. Fixed Lines Revenues Fixed lines revenues decreased by Rp821 billion, or
8.5, from Rp9,701 billion in 2013 to Rp8,881 billion in 2014. The decrease in fixed lines revenues due to
decrease in fixed line revenue and and fixed wireless revenues by 4.8 and 42.1. The decrease was
primarily due to decrease in usage charges of Rp1,106 billion, or 17.1, caused by a decrease in local and
domestic long distance usage.
The decreased in fixed line revenue was partially offset by an increased in our call center revenues by
Rp412 billion, or 127.2.
c. Data, Internet and Information Technology Services Revenues
Our data, internet and information technology service revenues accounted for 42.0 of our consolidated
revenues for the year ended December 31, 2014, compared to 39.3 for the year ended December 31,
2013.
Data, internet and information technology service revenues increased by Rp5,109 billion, or 15.7, from
Rp32,603 billion in 2013 to Rp37,712 billion in 2014. This increase was primarily due to an increase in
revenues from internet, data communication and information technology services by Rp4,283 billion,
or 22.2, which was driven cellular data usage and revenues, witch increased by Rp3,538 billion, primarily
from an increased of 80.7 in Flash subscribers from 17,3 million in 2013 to 31,2 million in 2014..
SMS revenues increased by Rp900 billion, or 6.9, from Rp13,134 billion in 2013 to Rp14,034 billion in
2014.
d. Interconnection Revenues Interconnection revenues comprised interconnection
revenues from our fixed line network and interconnection revenues from Telkomsel’s mobile cellular network.
Interconnection revenues included incoming international long-distance revenues from our IDD
service TIC-007. Interconnection revenues decreased by Rp135 billion, or 2.8, from Rp4,843 billion in 2013
to Rp4,708 billion in 2014 primarily due to an decrease in incoming calls subcribers.
e. Network Revenues Network revenues increased by Rp27 billion, or 2.2,
from Rp1,253 billion in 2013 to Rp1,280 billion in 2014 primarily due to an increase in our satellite transponder
lease revenue by Rp278 billion, or 71.0, from 392 billion in 2013 to Rp670 billion in 2014 as result of an
increase in satellite transponder capacity lease by 18,4 from 3.007 million Mhz in 2013 to 3.560 million
MHz in 2014.
f. Other Telecommunications Services Revenues Other telecommunications service increased by Rp396
billion, or 16.3, from Rp2,429 billion in 2013 to Rp2,825 billion in 2014. The increase was primarily due to an
increase of Rp730 billion, or 240.9, in CPE revenue from Rp303 billion in 2013 to Rp1,033 billion in 2014.
The increase was partly offset primarily by decrease in revenues from USO by Rp327 billion, or 64.4, from
Rp508 billion in 2013 to Rp181 billion in 2014.
Year ended December 31, 2014 compared to year ended December 31, 2013
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