PERUSAHAAN PERSEROAN PERSERO PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS AS OF DECEMBER 31, 2012 AND FOR THE YEAR THEN ENDED
WITH COMPARATIVE FIGURES AS OF DECEMBER 31, 2011 AND FOR THE YEAR THEN ENDED AND AS OF JANUARY 1, 2011
Figures in tables are presented in billions of Rupiah, unless otherwise stated
56
16. SHORT-TERM BANK LOANS continued
Other significant information relating to short-term bank loans as at December 31, 2012 is as follows:
Total facility
Interest Interest
in Maturity payment
rate Borrower Currency billions
Date period
per annum Security
Bank CIMB Niaga April 25, 2005
a
Balebat Rp
12 May 29,
Monthly 10.50 - 11.00
Property and 2013
equipment Note 10, inventories
Note 6, and trade receivables Note 5
April 29, 2008
a
Balebat Rp
10 May 29,
Monthly 10.50 - 11.00
Property and 2013
equipment Note 10, inventories
Note 6, and trade receivables Note 5
Bank Ekonomi August 7, 2009
b
Sigma Rp
35 July 1,
Monthly 9.00
Trade receivables 2013
Note 5, property and equipment
Note 10 August 7, 2009
b
Sigma US 0.001
July 1, Monthly
6.00 Trade receivables
2013 Note 5, property
and equipment Note 10
The credit facilities obtained by the Company’s subsidiaries are used for working capital purposes.
a
Based on the latest amendment on October 10, 2012.
b
Based on the latest amendment on October 1, 2012.
17. CURRENT MATURITIES OF LONG-TERM LIABILITIES a. Current maturities
Notes 2012
2011
Bank loans 20
4,475 3,960
Obligations under finance leases 10
510 196
Bonds and notes 19
440 385
Two-step loans 18
196 272
Total 5,621
4,813
Refer to Note 37 for details of related party transactions.
PERUSAHAAN PERSEROAN PERSERO PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS AS OF DECEMBER 31, 2012 AND FOR THE YEAR THEN ENDED
WITH COMPARATIVE FIGURES AS OF DECEMBER 31, 2011 AND FOR THE YEAR THEN ENDED AND AS OF JANUARY 1, 2011
Figures in tables are presented in billions of Rupiah, unless otherwise stated
57
17. CURRENT MATURITIES OF LONG-TERM LIABILITIES continued
b. Long-term portion Scheduled principal payments as of December 31, 2012 are as follows:
Year Notes
Total 2014 2015 2016 2017 Thereafter
Bank loans 20
6,783 3,480 2,337
548 328
90 Bonds and notes
19 3,229
192 1,042 -
- 1,995 Two-step loans
18 1,791
198 201
204 205
983 Obligations under finance leases 10
1,814 396
270 246
227 675
Total 13,617
4,266 3,850 998
760 3,743
18. TWO-STEP LOANS
Two-step loans are unsecured loans obtained by the Government which are then re-loaned to the Company. The loans entered into up to July 1994 were recorded and payable in Rupiah based on the
exchange rate at the date of drawdown. Loans entered into after July 1994 are payable in their original currencies and any resulting foreign exchange gain or loss is borne by the Company.
2012 2011
Outstanding Outstanding
Original Original
currency Rupiah
currency Rupiah
Lenders Currency in millions
equivalent in millions equivalent
Overseas banks Yen
9,215 1,031
9,983 1,167
Rp -
574 -
717 US
40 382
44 400
Total 1,987
2,284 Current maturities Note 17a
196 272
Long-term portion Note 17b 1,791
2,012 Interest
Interest Payment
payment rate
Lenders Currency schedule
period per annum
Overseas banks US
Semi-annually Semi-annually 4.00
Rp Semi-annually Semi-annually
6.79 Yen
Semi-annually Semi-annually 3.10
The loans are intended for the development of telecommunications infrastructure and supporting telecommunication equipment. The loans are payable in semi-annual installments and are due on
various dates through 2024.