NON-CONTROLLING INTERESTS continued CAPITAL STOCK

65 PERUSAHAAN PERSEROAN PERSERO PT TELEKOMUNIKASI INDONESIA Tbk AND ITS SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS For the Three Months Period Ended March 31, 2016 and 2015 unaudited Figures in tables are expressed in billions of Rupiah, unless otherwise stated Table of Contents

17. NON-CONTROLLING INTERESTS continued

Material partly-owned subsidiary As of March 31, 2016 and December 31, 2015, the non-controlling interest which is considered material to the Company is non-controlling ownership interest in Telkomsel amounting to 35 Note 1d. The summarized financial information of Telkomsel below is provided based on amount before elimination of intercompany balances and transactions. Summarized statement of financial position March, 31 2016 December, 31 2015 Current assets 35,436 25,660 Non-current assets 58,476 58,426 Current liabilities 23,895 20,020 Non-current liabilities 11,919 12,565 Total equity 58,098 51,501 Attributable to: Equity holders of parent company 37,766 33,477 Non-controlling interest 20,332 18,024 Summarized statement of profit or loss and other comprehensive income March, 31 2016 December, 31 2015 Revenues 20,217 76,055 Operating expenses 11,513 46,429 Other expenses - 105 Profit before income tax 8,704 29,731 Income tax expense - net 2,108 7,363 Profit for the year from continuing operations 6,596 22,368 Other comprehensive income expense - net - 29 Net comprehensive income for the year 6,596 22,339 Attributable to non-controlling interest 2,308 7,818 Dividend paid to non-controlling interest 7,810 7,810 Summarized statements of cash flows March, 31 2016 December, 31 2015 Operating activities 12,854 36,130 Investing activities 2,274 12,951 Financing activities 268 19.456 Net increase in cash and cash equivalents 10,312 3,723 66 PERUSAHAAN PERSEROAN PERSERO PT TELEKOMUNIKASI INDONESIA Tbk AND ITS SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS For the Three Months Period Ended March 31, 2016 and 2015 unaudited Figures in tables are expressed in billions of Rupiah, unless otherwise stated Table of Contents

18. CAPITAL STOCK

March 31, 2016 Description Number of shares Percentage of ownership Total paid-up capital Series A Dwiwarna share Government 1 Series B shares Government 51,602,353,559 52.55 2,580 The Bank of New York Mellon Corporation 7,943,986,780 8.09 397 Commissioners Note 1b: Hendri Saparini 18,982 Dolfie Othniel Fredric Palit 17,084 Hadiyanto 519,640 Parikesit Suprapto Directors Note 1b: Alex J Sinaga 42,723 Heri Sunaryadi 37,965 Indra Utoyo 1,182,295 Muhammad Awaluddin 1,154,755 Honesti Basyir 1,155,295 Herdy Rosadi Haman 37,663 Abdus Somad Arief 37,965 Dian Rachmawan 98,805 Public individually less than 5 38,647,573,388 39.36 1,933 Total 98,198,216,600 100.00 4,910 Treasury stock Note 20 2,601,779,800 - 130 Total 100,799,996,400 100.00 5,040 December 31, 2015 Description Number of shares Percentage of ownership Total paid-up capital Series A Dwiwarna share Government 1 Series B shares Government 51,602,353,559 52.55 2,580 The Bank of New York Mellon Corporation 8,161,361,980 8.31 408 Commissioners Note 1b: Hendri Saparini 18,982 Dolfie Othniel Fredric Palit 17,084 Hadiyanto 519,640 Parikesit Suprapto 502,555 Directors Note 1b: Alex J Sinaga 42,723 Heri Sunaryadi 37,965 Indra Utoyo 1,182,295 Muhammad Awaluddin 1,154,755 Honesti Basyir 1,155,295 Herdy Rosadi Haman 37,663 Abdus Somad Arief 37,965 Dian Rachmawan 98,505 Public individually less than 5 38,429,695,633 39.14 1,922 Total 98,198,216,600 100.00 4,910 Treasury stock Note 24 2,601,779,800 - 130 Total 100,799,996,400 100.00 5,040 The Bank of New York Mellon Corporation serves as the Depositary of the registered ADS holders for the Company’s ADSs. The Company issued only 1 Series A Dwiwarna share which is held by the Government and cannot be transferred to any party, and has a veto in the General Meeting of Stockholders of the Company with respect to election and removal from the Boards of Commissioners and Directors, issuance of new shares, and amendments of the Company’s Articles of Association. 67 PERUSAHAAN PERSEROAN PERSERO PT TELEKOMUNIKASI INDONESIA Tbk AND ITS SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS For the Three Months Period Ended March 31, 2016 and 2015 unaudited Figures in tables are expressed in billions of Rupiah, unless otherwise stated Table of Contents

19. ADDITIONAL PAID-IN CAPITAL March 31, 2016