ADVANCES AND OTHER NON-CURRENT ASSETS continued

PERUSAHAAN PERSEROAN PERSERO PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS AS OF DECEMBER 31, 2012 AND FOR THE YEAR THEN ENDED WITH COMPARATIVE FIGURES AS OF DECEMBER 31, 2011 AND FOR THE YEAR THEN ENDED AND AS OF JANUARY 1, 2011 Figures in tables are presented in billions of Rupiah, unless otherwise stated 55

14. ACCRUED EXPENSES 2012

2011 Operations, maintenance and telecommunications services 2,917 2,917 Salaries and benefits 1,491 900 General, administrative and marketing 882 805 Early retirement program 699 - Interest and bank charges 174 168 Total 6,163 4,790 Accruals for early retirement program arose from the Decision of Human Capital and General Affairs Director No. PR.206.01r.02PD000COP-B00100002012 on early retirement program dated November 1, 2012 and communicated to the employees on the same date. The Company estimated the accrual on the basis of the number of eligible employees that met the criteria stipulated in the Company’s regulation related to this program. Accrued early retirement benefits as of December 31, 2012 amounted to Rp699 billion was charged to the 2012 consolidated statement of comprehensive income Note 27. Refer to Note 37 for details of related party transactions.

15. UNEARNED INCOME

2012 2011 Prepaid pulse reload vouchers 2,352 2,526 Other telecommunications services 132 153 Others each below Rp50 billion 245 142 Total 2,729 2,821 16. SHORT-TERM BANK LOANS 2012 2011 Outstanding Outstanding Original Original currency Rupiah currency Rupiah Lenders Currency in millions equivalent in millions equivalent Bank CIMB Niaga Rp - 20 - 45 Others Rp - 13 - 55 US 0.42 4 - - Total 37 100 Refer to Note 37 for details of related party transactions. PERUSAHAAN PERSEROAN PERSERO PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS AS OF DECEMBER 31, 2012 AND FOR THE YEAR THEN ENDED WITH COMPARATIVE FIGURES AS OF DECEMBER 31, 2011 AND FOR THE YEAR THEN ENDED AND AS OF JANUARY 1, 2011 Figures in tables are presented in billions of Rupiah, unless otherwise stated 56

16. SHORT-TERM BANK LOANS continued

Other significant information relating to short-term bank loans as at December 31, 2012 is as follows: Total facility Interest Interest in Maturity payment rate Borrower Currency billions Date period per annum Security Bank CIMB Niaga April 25, 2005 a Balebat Rp 12 May 29, Monthly 10.50 - 11.00 Property and 2013 equipment Note 10, inventories Note 6, and trade receivables Note 5 April 29, 2008 a Balebat Rp 10 May 29, Monthly 10.50 - 11.00 Property and 2013 equipment Note 10, inventories Note 6, and trade receivables Note 5 Bank Ekonomi August 7, 2009 b Sigma Rp 35 July 1, Monthly 9.00 Trade receivables 2013 Note 5, property and equipment Note 10 August 7, 2009 b Sigma US 0.001 July 1, Monthly 6.00 Trade receivables 2013 Note 5, property and equipment Note 10 The credit facilities obtained by the Company’s subsidiaries are used for working capital purposes. a Based on the latest amendment on October 10, 2012. b Based on the latest amendment on October 1, 2012. 17. CURRENT MATURITIES OF LONG-TERM LIABILITIES a. Current maturities Notes 2012 2011 Bank loans 20 4,475 3,960 Obligations under finance leases 10 510 196 Bonds and notes 19 440 385 Two-step loans 18 196 272 Total 5,621 4,813 Refer to Note 37 for details of related party transactions.