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
111
41. SIGNIFICANT COMMITMENTS AND AGREEMENTS continued
a. Capital expenditures continued
ii Telkomsel continued
Contracting parties Initial date of
agreement Significant provisions of the agreement
Telkomsel and PT Ericsson Indonesia March 25, 2013
Technical Support Agreement TSA for the procurement of Gateway GPRS
Support Node “GGSN” Service Complex agreement
Telkomsel and Wipro Limited, Wipro Singapore Pte. Ltd. and PT WT Indonesia
April 23, 2013 Development and procurement of OSDSS
Solution agreement Telkomsel and PT Ericsson Indonesia
October 22, 2013 Procurement of GGSN Service Complex
Rollout agreement
iii GSD
Contracting parties Initial date of
agreement Significant provisions of the
agreement
TLT and PT Adhi Karya November 6, 2012
Service arrangement structure and main contractor
architecture for
Telkom Landmark Tower Building development
project TLT and PT Indalex
February 11, 2013 Procurement agreement for the Façade
construction phase I unitized system Tower I and Tower II of Telkom Landmark
Tower Building GSD and PT Waskita Karya
June 25, 2014 Development of Infomedia’s building
agreement
iv TII
Contracting parties Initial date of
agreement Significant provisions of the
agreement
TL, Ericsson AB and PT Ericsson Indonesia November 2, 2012
Operational Supporting System OSS, Base Sub Station BSS and Value
Added System VAS System Rollout and Radio Access Network RAN and Core
System Rollout agreement
TL and PT Cascadiant Indonesia December 31, 2012
November 20, 2013 Purchase
of equipment
phase I
agreement Purchase
of equipment
phase II
agreement
b. Borrowings and other credit facilities
i As of December 31, 2014, the Company has bank guarantee facilities for tender bond,
performance bond, maintenance bond, deposit guarantee and advance payment bond for various projects of the Company, as follows:
Facility utilized Original
Total currency
Rupiah Lenders
facility Maturity
Currency in millions
equivalent
BRI 350
March 14, 2016 Rp
- 69
US 2
BNI 250
March 31, 2015 Rp
- 81
US 5
EUR Bank Mandiri
150 December 23, 2015
Rp -
52
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
112
Total 750
209
41. SIGNIFICANT COMMITMENTS AND AGREEMENTS continued
b. Borrowings and other credit facilities continued
ii Telkomsel has a US3 million bond and bank guarantee and standby letter of credit facilities with SCB, Jakarta. The facilities will expire on July 31, 2015. Under these facilities, as of
December 31, 2014, Telkomsel has issued a bank guarantee of Rp20 billion equivalent to US1.6 million for a 3G performance bond Note 41c.i. The bank guarantee is valid until
March 24, 2015.
Telkomsel has a Rp500 billion bank guarantee facilitiy with BRI. The facility will expire on March 25, 2016. Under this facility, as of December 31, 2014, Telkomsel has issued a bank
guarantee of Rp177 billion equivalent to US14.2 million as payment commitment guarantee for annual right of usage fee valid until March 31, 2015.
Telkomsel has a Rp150 billion bank guarantee facility with BCA. The facility will expire on April 15, 2015. Under this facility, as of December 31, 2014, Telkomsel has issued a bank
guarantee of Rp20 billion equivalent to US1.6 million as a 3G performance bond Note 41c.i.
Telkomsel has also a Rp100 billion bank guarantee facility with BNI. The facility will expire on December 11, 2015. Telkomsel uses this facility to replace the time deposit required as
guaranty for the USO program amounting to Rp53 billion Note 41c.v.
iii TII has a US15 million bank guarantee from Bank Mandiri. The facility expires on December 18, 2015. The outstanding bank guarantee facility as of December 31, 2014
amounting to US10 million.
c. Others
i 3G license With
reference to
the Decision
Letters No.
07PERM.KOMINFO22006, No. 268KEPM.KOMINFO92009 and No. 191 year 2013 of the MoCI Note 2i, Telkomsel is
required, among other things, to: 1. Pay an annual BHP fee which is calculated based on a certain formula over the license
term 10 years as set forth in the Decision Letters. The BHP is payable upon receipt of the notification letter “Surat Pemberitahuan Pembayaran” from the DGPI. The BHP fee is
payable annually up to the expiry date of the license.
2. Provide roaming access for the existing other 3G operators. 3. Contribute to USO development.
4. Construct a 3G network which covers at least 14 provinces by the sixth year of holding the 3G license.
5. Issue a performance bond each year amounting to Rp20 billion or 5 of the annual fee to be paid for the subsequent year, whichever is higher.
