PERUSAHAAN PERSEROAN PERSERO PT TELEKOMUNIKASI INDONESIA Tbk AND ITS SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS As of December 31, 2015 and for the Year Then Ended
Figures in tables are expressed in billions of Rupiah, unless otherwise stated
38
2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued
aa. Impairment of non-financial assets continued In determining fair value less costs to sell, recent market transactions are taken into account, if
available. If no such transactions can be identified, the Group uses an appropriate valuation model to determine the fair value of the asset. These calculations are corroborated by valuation multiples
or other available fair value indicators. Impairment losses of continuing operations are recognized in profit or loss under
PERUSAHAAN PERSEROAN PERSERO PT TELEKOMUNIKASI INDONESIA Tbk AND ITS SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS As of December 31, 2015 and for the Year Then Ended
Figures in tables are expressed in billions of Rupiah, unless otherwise stated
39
2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued ab. Changes in accounting policies and disclosures continued
Implementation of Offsetting Financial Assets and Financial Liabilities PSAK 50 continued As a result of the amendments, the comparative figures in the consolidated statements of financial
position have been restated as follows:
Before After
restatement Restatement restatement
Consolidated statement of financial position as of January 1, 2014
Trade receivables - net of provision
for impairment of receivables Related parties
900 203
1,103 Third parties
5,126 394
5,520 Trade payables
Related parties 826
203 1,029
Third parties 10,774
394 11,168
Consolidated statement of financial position as of December 31, 2014
Trade receivables - net of provision
for impairment of receivables Related parties
746 127
873 Third parties
5,719 405
6,124 Trade payables
Related parties 770
127 897
Third parties 11,060
405 11,465
The implementation of PSAK 50 2014, have no impact on the consolidated statement of profit or loss and other comprehensive income, consolidated statement of changes in equity and
consolidated statement of cash flows. Implementation of PSAK 24, Employee Benefits Revised 2013
The Group also applied PSAK 24 Revised 2013 retrospectively in the current period in accordance with the transition requirements of the revised standard. As a result of changes, the
comparative figures in the consolidated financial statements have been restated as follows:
Before After
restatement Restatement restatement
Consolidated statement of financial position as of January 1, 2014
Prepaid pension benefit costs 927
22 949
Deferred tax assets - net 82
15 67
Deferred tax liabilities - net 3,004
128 2,876
Post-retirement health care benefit costs provisions
752 241
993 Pension and other post-employment benefits
2,795 597
3,392
