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
42
5. CASH AND CASH EQUIVALENTS continued December 31, September 30,
2010 2011
Cash in banks continued Third parties continued
Foreign currencies The Hongkong and Shanghai Banking
Corporation Ltd. 38,490
86,485 Bank Ekonomi
17,035 26,808
Citibank, N.A. “Citibank” 8,513
8,283 DB
8,758 8,141
Bank CIMB Niaga 517
2,223 BII
174 768
Others each below Rp.1 billion 1,678
829 75,165
133,537 Sub-total
276,372 261,112
Total cash in banks 1,149,447
1,157,714 Time deposits
Related parties Rupiah
BRI 2,223,735
2,231,047 BNI
1,428,191 1,806,295
Bank Mandiri 1,556,289
846,971 BTN
330,000 406,000
BSM -
70,878 PT Bank BRI Syariah
- 30,000
5,538,215 5,391,191
Foreign currencies BRI
635,899 803,886
Bank Mandiri 2,317
87,800 BNI
393,946 50,951
1,032,162 942,637
Sub-total 6,570,377
6,333,828 Third parties
Rupiah Standard Chartered Bank
- 300,000
PT Bank Mega Tbk “Bank Mega” 176,850
200,000 PT Bank Tabungan Pensiunan Nasional Tbk
116,000 185,577
Bank Bukopin 173,755
161,755 PT Bank Pembangunan Daerah Jawa Barat
dan Banten “Bank Jabar” 495,560
143,060 PT Pan Indonesia Bank Tbk
95,000 105,000
PT Bank Muamalat Indonesia 10,000
95,000 BII
30,000 25,000
DB 300
14,900 Bank CIMB Niaga
165,117 11,617
Bank Ekonomi -
2,000
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
43
5. CASH AND CASH EQUIVALENTS continued December 31, September 30,
2010 2011
Time deposits continued Third parties continued
Rupiah continued Bank Bumiputera
1,000 1,000
PT Bank Mutiara Tbk -
1,000 PT Bank UOB Buana Tbk
25,000 -
PT Bank Yudha Bhakti 10,500
- Bank Danamon
10,000 -
PT Bank Capital Indonesia Tbk “Bank Capital” 6,000
- PT Bank Syariah Mega Indonesia
“Bank Syariah Mega” 500
- 1,315,582
1,245,909 Foreign currencies
PT OCBC NISP Tbk -
565,670 Bank Ekonomi
14,408 33,364
DB -
2,823 Bank Bukopin
901 878
BCA 64,921
- 80,230
602,735 Sub-total
1,395,812 1,848,644
Total time deposits 7,966,189
8,182,472
Grand Total 9,119,849
9,364,921 Interest rates per annum on time deposits are as follows:
December 31, September 30, 2010
2011
Rupiah 4.00 - 9.50
3.75 - 9.25 Foreign currencies
0.05 - 4.00 0.05 - 5.60
The related parties which the Company and its subsidiaries place their funds are state-owned banks. The Company and its subsidiaries placed a majority of their cash and cash equivalents in these
banks because they have the most extensive branch network in Indonesia and are considered to be financially sound banks as they are owned by the state.
Refer to Note 44 for details of related party transactions.
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
44
6. TRADE RECEIVABLES
Trade receivables arise from services provided to both retail and non-retail customers, with details as follows:
a. By debtor
i Related parties December 31, September 30,
2010 2011
Government Agencies 759,450
1,116,170 CSM
91,366 95,543
Indosat 33,451
45,897 PT Patra Telekomunikasi Indonesia “Patrakom”
24,279 34,455
PSN 5,098
11,926 PT Industri Telekomunikasi Indonesia
42 6,790
PT Graha Informatika Nusantara “Gratika” 6,170
5,053 Koperasi Pegawai Telkom “Kopegtel”
3,049 4,857
PT Sistelindo Mitralintas 4,287
3,014 PT Aplikanusa Lintasarta “Lintasarta”
1,461 1,809
PT Batam Bintan Telekomunikasi “BBT” 709
1,059 Others each below Rp.1 billion
1,947 11,976
Total 931,309
1,338,549 Allowance for doubtful accounts
151,266 98,329
Net 780,043
1,240,220
Trade receivables from certain related parties are presented net of the Company and its subsidiaries’ liabilities to such parties due to legal right of offset in accordance with
agreements with those parties.
ii Third parties December 31, September 30,
2010 2011
Residential and business subscribers 4,480,869
5,302,307 Overseas international carriers
376,875 384,367
Total 4,857,744
5,686,674 Allowance for doubtful accounts
1,294,078 1,367,479
Net 3,563,666
4,319,195
