PT XL AXIATA Tbk AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS 31 DECEMBER 2007, 2008 AND 2009; AND 31 MARCH 2009 AND 2010
Expressed in millions of Rupiah, unless otherwise stated
Page 26
7. OTHER ASSETS
31122007 31122008
31122009 31032009
3103 2010
Prepaid rental - non-current 666,379
823,066 764,717
844,076 734,122
Other prepaid expenses - non-current 4,106
122,161 201,349
183,888 201,107
Downpayment to suppliers 167,877
135,595 10,551
77,291 103,548
Restricted bank deposits and cash in bank 856
17,386 15,305
18,484 14,869
Deferred charges 12,341
8,560 51,392
30,877 13,027
Others 10,742
12,993 12,234
13,011 11,965
862,301 1,119,761
1,055,548 1,167,627
1,078,638 Net investment in finance lease:
Lease receivable -
- 732,728
869,910 677,722
Unearned finance lease income -
- 357,441
378,973 345,118
- -
375,287 490,937
332,604 Intangible assets - 3G licence:
Acquisition cost 376,000
376,000 376,000
376,000 376,000
Accumulated amortisation 52,772
92,351 131,930
102,246 141,825
323,228 283,649
244,070 273,754
234,175 1,185,529
1,403,410 1,674,905
1,932,318 1,645,417
Deduct: Restricted bank deposits and
cash in bank - current 230
16,705 15,305
17,785 14,869
Net investment in finance lease - current -
- 15,444
87,767 36,036
Other assets - current 230
16,705 30,749
105,552 50,905
Other assets - non-current 1,185,299
1,386,705 1,644,156
1,826,766 1,594,512
Net investment in finance lease are receivables related to the lease of fiber optics cables to PT Hutchison CP Telecommunications HCPT and PT Mora Telematika Indonesia Moratel refer to
Note 31l. The transactions resulted in gain of Rp 448,475 and Rp 465,047 for three-month period ended 31 March 2009 and the year ended 2009. Details of the net investment in finance lease
according to the maturity schedule are as follows:
31122007 31122008
31122009 31032009
31032010
Not later than 1 year -
- 64,737
136,886 84,698
Between 1 year and 5 years -
- 253,762
273,772 249,870
More than 5 years -
- 414,229
459,252 343,154
- -
732,728 869,910
677,722 Unearned finance lease income
- -
357,441 378,973
345,118 Net investment in finance lease
- -
375,287 490,937
332,604
As at 31 March 2010, management believes that there was no indication of impairment for intangible assets. Refer to Note 26 for related party information.
As restated, refer to Note 3
PT XL AXIATA Tbk AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS 31 DECEMBER 2007, 2008 AND 2009; AND 31 MARCH 2009 AND 2010
Expressed in millions of Rupiah, unless otherwise stated
Page 27
8. FIXED ASSETS
31122007 01012007
Additions Disposals
Transfers 31122007
Cost Land
117,026 14,404
- 80
131,510 Buildings
48,298 3,475
- 1,472
53,245 Network equipment
14,410,483 4,440,405
180,209 736,899
19,407,578 Leasehold improvements
108,619 488
1,403 178
107,526 Machinery and equipment
254,321 70,594
7,698 22,448
339,665 Furniture and fixtures
22,793 7,974
458 2,994
33,303 Support systems
123,576 52,444
- 22,733
198,753 Motor vehicles
37,869 3,338
388 61
40,880 15,122,985
4,593,122 190,156
786,509 20,312,460
Assets under construction 1,406,477
2,494,559 10,043
786,509 3,104,484
16,529,462 7,087,681
200,199 -
23,416,944
Accumulated depreciation Buildings
13,587 4,939
- 746
19,272 Network equipment
5,667,874 1,602,462
156,585 -
7,113,751 Leasehold improvements
78,790 12,687
1,205 710
89,562 Machinery and equipment
173,706 47,930
7,556 123
213,957 Furniture and fixtures
11,915 5,898
407 77
17,483 Support systems
91,015 27,311
- 10
118,336 Motor vehicles
30,565 4,183
388 -
34,360 6,067,452
1,705,410 166,141
- 7,606,721
Net book value 10,462,010
15,810,223
31122008 01012008
Additions Disposals
Transfers 31122008
Cost Land
131,510 6,937
- -
138,447 Buildings
53,245 4,727
169 37,851
95,654 Network equipment
19,407,578 9,001,586
374,477 1,850,718
29,885,405 Leasehold improvements
107,526 5,142
9,138 4,488
108,018 Machinery and equipment
339,665 111,553
1,058 78,384
528,544 Furniture and fixtures
33,303 12,019
1,687 18,736
62,371 Support systems
198,753 88,912
25 45,442
333,082 Motor vehicles
40,880 68
12,942 3,320
31,326 20,312,460
9,230,944 399,496
2,038,939 31,182,847
Assets under construction 3,104,484
1,613,999 20,042
2,038,939 2,659,502
23,416,944 10,844,943
419,538 -
33,842,3 49
Accumulated depreciation Buildings
19,272 10,155
169 4,750
34,008 Network equipment
7,113,751 3,163,756
255,165 8,584
10,013,758 Leasehold improvements
89,562 11,493
8,734 4,750
87,571 Machinery and equipment
213,957 82,197
1,045 8,584
303,693 Furniture and fixtures
17,483 11,944
1,505 -
27,922 Support systems
118,336 52,052
10 -
170,378 Motor vehicles
34,360 3,690
12,798 -
25,252 7,606,721
3,335,287 279,426
- 10,662,582
Net book value 15,810,223
23,179,767