PT XL AXIATA Tbk AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS 31 DECEMBER 2007, 2008 AND 2009; AND 31 MARCH 2009 AND 2010
Expressed in millions of Rupiah, unless otherwise stated
Page 28
8. FIXED ASSETS continued
31122009 01012009
Additions Disposals
Transfers 31122009
Cost Land
138,447 23,648
- 8,848
170,943 Buildings
95,654 56,729
1,938 69,142
219,587 Network equipment
29,885,405 2,504,175
1,231,759 2,436,445
33,594,266 Leasehold improvements
108,018 3,240
2,263 7,020
116,015 Machinery and equipment
528,544 98,480
31,668 78,024
673,380 Furniture and fixtures
62,371 14,132
2,463 21,376
95,416 Support systems
333,082 45,454
15,017 31,030
394,549 Motor vehicles
31,326 -
15,589 2,855
18,592 31,182,847
2,745,858 1,300,697
2,654,740 35,282,748
Assets under construction 2,659,502
1,451,352 35,062
2,654,740 1,421,052
33,842,349 4,197,210
1,335,759 -
36,703,800
Accumulated depreciation Buildings
34,008 16,723
268 52
50,515 Network equipment
10,013,758 3,457,202
1,223,416 1,860
12,249,404 Leasehold improvements
87,571 13,738
2,129 42
99,138 Machinery and equipment
303,693 120,836
26,618 1,870
396,041 Furniture and fixtures
27,922 19,655
988 -
46,589 Support systems
170,378 70,113
8,048 -
232,443 Motor vehicles
25,252 3,613
15,589 -
13,276 10,662,582
3,701,880 1,277,056
- 13,087,406
Net book value 23,179,767
23,616,394
31032009 01012009
Additions Disposals
Transfers 31032009
Cost Land
138,447 3,058
- -
141,505 Buildings
95,654 3,341
- 48,254
147,249 Network equipment
29,885,405 281,185
218,827 1,526,482
31,474,245 Leasehold improvements
108,018 702
1,538 6,387
113,569 Machinery and equipment
528,544 36,706
401 48,997
613,846 Furniture and fixtures
62,371 2,548
175 14,557
79,301 Support systems
333,082 769
- 21,731
355,582 Motor vehicles
31,326 -
15,486 2,855
18,695 31,182,847
328,309 236,427
1,669,263 32,943,992
Assets under construction 2,659,502
1,438,799 1,496
1,669,263 2,427,542
33,842,349 1,767,108
237,923 -
35,371,534
Accumulated depreciation Buildings
34,008 3,912
- -
37,920 Network equipment
10,013,758 816,501
214,188 -
10,616,071 Leasehold improvements
87,571 4,809
1,405 -
90,975 Machinery and equipment
303,693 29,482
381 -
332,794 Furniture and fixtures
27,922 5,060
175 -
32,807 Support systems
170,378 17,507
- -
187,885 Motor vehicles
25,252 980
15,487 -
10,745 10,662,582
878,251 231,636
- 11,309,197
Net book value 23,179,767
24,062,337
PT XL AXIATA Tbk AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS 31 DECEMBER 2007, 2008 AND 2009; AND 31 MARCH 2009 AND 2010
Expressed in millions of Rupiah, unless otherwise stated
Page 29
8. FIXED ASSETS continued
31032010 01012010
Additions Disposals
Transfers 31032010
Cost Land
170,943 29
- 13,465
184,437 Buildings
219,587 1,238
- 87
220,912 Network equipment
33,594,266 186,332
43,730 367,915
34,104,783 Leasehold improvements
116,015 153
- 287
116,455 Machinery and equipment
673,380 4,601
21 2,970
680,930 Furniture and fixtures
95,416 380
259 1,076
96,613 Support systems
394,549 1,159
- 5,150
400,858 Motor vehicles
18,592 -
- -
18,592 35,282,748
193,892 44,010
390,950 35,823,580
Assets under construction 1,421,052
540,415 14,817
390,950 1,555,700
36,703,800 734,307
58,827 -
37,379,280
Accumulated depreciation Buildings
50,515 5,268
- -
55,783 Network equipment
12,249,404 899,937
43,490 -
13,105,851 Leasehold improvements
99,138 2,317
- -
101,455 Machinery and equipment
396,041 30,763
21 -
426,783 Furniture and fixtures
46,589 5,110
208 -
51,491 Support systems
232,443 18,694
- -
251,137 Motor vehicles
13,276 877
- -
14,153 13,087,406
962,966 43,719
- 14,006,653
Net book value 23,616,394
23,372,627
The Company owns land located throughout Indonesia with Hak Guna Bangunan “HGB” for periods of 20-30 years which will expire between 2012 up to 2039.
As at 31 March 2010, there are 99 locations with a total book value of Rp 39,191 and for which HGB certificates are in process.
The management believes that there will be no difficulty in renewing the land rights when they expire.
Assets under construction
31122007 31122008
31122009 31032009
3103 2010
Network equipment 2,861,627
2,384,150 1,301,853
2,166,587 1,465,400
Non-network equipment 242,857
275,352 119,199
260,955 90,300
3,104,484 2,659,502
1,421,052 2,427,542
1,555,700
Assets under construction mainly represent new BTS equipment and other equipment which is still to be installed or is currently being installed. When the equipment units are finally installed, their carrying
values are reclassified as fixed assets - network equipment.
The management believes that there are no significant obstacles to the completion of the assets under construction mentioned above.