POST-EMPLOYMENT HEALTH CARE BENEFITS PROVISIONS continued RELATED PARTY TRANSACTIONS

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 109

36. RELATED PARTY TRANSACTIONS continued b. Transactions with related parties continued

Presented below are balances of accounts with related parties: 2015 2014 of of Am ount total assets Am ount total assets

a. Cash and cash equivalents Note 4 15,028

9.04 10,464

7.38 b. Other current financial assets Note 5

2,500 1.50 2,406 1.70

c. Trade receivables - net Note 6 1,104

0.66 873

0.62 d. Advances and prepaid expenses Note 8

15 0.01 24 0.02

e. Advances and other non-current assets Note 11

6 0.00 18 0.01 2015 2014 of total of total Am ount liabilities Am ount liabilities

f. Trade payables Note 13

Entities under common control INTI 443 0.61 323 0.58 Indosat 160 0.22 146 0.26 State-owned enterprises 98 0.13 - - Sub-total 701 0.96 469 0.84 Entities under significant influence Kopegtel 97 0.13 55 0.10 Yakes 19 0.03 46 0.08 Bangtelindo 19 0.03 7 0.01 SPM 16 0.02 11 0.02 Sub-total 151 0.21 119 0.21 Others 1,223 1.68 309 0.55 Total 2,075

2.85 897

1.60 g. Accrued expenses Note 14 Majority stockholder Government 16 0.02 16 0.03 Entities under common control State-owned enterprises 114 0.16 84 0.15 State-owned banks 68 0.09 84 0.15 Subtotal 182 0.25 168 0.30 Entity under significant influence Kisel 188 0.26 191 0.34 Total 386

0.53 375

0.67 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 110

36. RELATED PARTY TRANSACTIONS continued b. Transactions with related parties continued

2015 2014 of total of total Am ount liabilities Am ount liabilities

h. Advances from customers and suppliers

Majority stockholder Government 19 0.03 19 0.03

i. Short-term bank loans Note 16

Entities under common control BRI 57 0.08 57 0.10 BNI 25 0.03 - - Bank Syariah Mandiri 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 111

36. RELATED PARTY TRANSACTIONS continued

c. Significant agreements with related parties continued

ii. Indosat continued The Company has been handling customer billings and collections for Indosat. Indosat is gradually taking over the activities and performing its own direct billing and collection. The Company has received compensation from Indosat computed at 1 of the collections made by the Company starting from January 1, 1995, as well as the billing process expenses which are fixed at a certain amount per record. On December 11, 2008, the Company and Indosat agreed to implement IDD service charge tariff which already took into account the compensation for billing and collection. The agreement is valid and effective starting from January to December 2012, and can be applied until a new agreement becomes available. On December 28, 2006, the Company and Indosat signed amendments on the interconnection agreements for the fixed line networks local, SLJJ and international and mobile network for the implementation of the cost-based tariff obligations under the MoCI Regulations No. 8Year 2006. These amendments took effect starting on January 1, 2007. Telkomsel also entered into an agreement with Indosat for the provision of international telecommunications services to its GSM mobile cellular customers. The Company provides leased lines to Indosat and subsidiaries, namely PT Indosat Mega Media and Lintasarta. The leased lines can be used by these companies for telephone, telegraph, data, telex, facsimile or other telecommunication services. iii. Others The Company has entered into agreements with CSM and Gratika for the utilization of the Companys satellite transponders or frequency channels of communication satellite and leased lines. Kisel is a co-operative that was established by Telkomsel