Comprehensive income for the year net income per Share

144

PT Telkom Indonesia Persero Tbk CASH FLOW STATEMENT OVERVIEW The following table sets out information concerning our consolidated cash lows, as set out in and prepared on the same basis as our Consolidated Financial Statements: Growth As of Desember 31, 2015-2014 2015 2014 Restated 2013 Rp billion US million Rp billion Rp billion Net Cash provided by operating activities 15.7 43,669 3,168 37,736 36,574 used in investing activities 10.8 27,421 1,989 24,748 22,702 used in inancing activities 36.5 6,407 465 10,083 13,327 Net increase in cash and cash equivalents 238.8 9,841 714 2,905 545 Efect of exchange rate changes on cash and cash equivalents 750.7 604 44 71 1,039 Cash and cash equivalents at beginning of year 20.3 17,672 1,282 14,696 13,118 Ending balance of disposed subsidiary - - - - 6 Cash and cash equivalents at end of year 59.1 28,117 2,040 17,672 14,696 145 PT Telkom Indonesia Persero Tbk YEAR ENDED DECEMBER 31, 2015 COMPARED TO YEAR ENDED DECEMBER 31, 2014 As of December 31, 2015, total cash and cash equivalent amounted to Rp28,117 billion, increase by Rp10,445 billion, or 59.1 compared to 2014. In 2015, operating activity accounted for the largest cash receipts Rp102,663 billion, or 82.7, followed by inancing activity amounted to Rp20,634 billion, or 16.6 and investing activity amounted to Rp906 billion, or 0.7. In total, cash receipts increase by Rp13,859 billion, or 12.6 compared to 2014. Composition of cash receipts for all three of these activities in the year 2015 and 2014 display below. The majority of cash used for operating activities amounted to Rp58,994 billion, or 51.6 investment activities amounted to Rp28,327 billion, or 24.8 and inancing activities amounted to Rp27,041 billion, or 23.6. Compared to 2014, cash disbursement increase by Rp6,923 billion, or 6.4. Composition of disbursements for all three of these activities in the year 2015 and 2014 display below. 2015 Cash Receipt 2014 90,3 63 8 1.9 6 ,9 12 6 .3 13 ,06 9 1 1.8 9 06 0. 7 20 , 63 4 1 6.6 102 , 6 6 3 8 2 .7 2015 2014 Cash Disbursement

52, 62

7 4 9 .0 3 1,6 6 2 9.5 23,15 21.5

58, 99

4 51 . 6 2 8 ,3 27 2 4.8 2 7 , 4 1 2 3 . 6 Operating Financing Investing Operating Financing Investing 146 PT Telkom Indonesia Persero Tbk

1. Cash Flows from Operating Activities

Net cash provided by operating activities in 2015 was Rp43,669 billion US3,168 million compared to Rp37,736 billion in 2014. Cash receipts from operating activities amounted to Rp102,663 billion, increased by Rp12,300 billion, or 13.6 compared to 2014. The source of fund are: - Cash receipts from customers and other operation amounted to Rp100,702 billion, which increased by Rp11,575 billion, or 13.0. - Interest income received amounted to Rp1,386 billion which, increased Rp150 billion, or 12.1. Cash disbursements by from operating activities amounted to Rp58,994 billion, increased by Rp6,367 billion, or 12.1 compared to 2014. Cash disbursements included primarily the following: - Cash disbursements for expenses amounted to Rp35,922 billion, which increased by Rp2,798 billion, or 8.4. - Cash disbursements for employees amounted to Rp10,940 billion, which increased by Rp1,346 billion, or 14.0. - Payment for income tax amounted by Rp9,299 billion, which increased by Rp1,863 billion, or 25.1.

2. Cash Flows from Investing Activities

Net cash lows used in investing activities in 2015 was Rp27,421 billion US1,989 million compared to Rp24,748 billion in 2014. Cash receipts from investing activities amounted to Rp906 billion, decrease by Rp6,006 billion, or 86.9 compared to 2014. The cash receipts from investing activites came from: - Proceeds from sale of property and equipment amounted to Rp733 billion, which increased by Rp232 billion, or 46.3. - Claim for insurance amounted to Rp119 billion, which decreased by Rp93 billion, or 43.9. Cash disbursements from investing activities amounted to Rp28,327 billion, decrease by Rp3,333 billion, or 10.5 compared to 2014. Cash disbursements were used for: - Acquisition of property and equipment amounted to Rp26,499 billion, which increased Rp1,701 billion, or 6.9. - Acquisition of intangible assets amounted to Rp1,439 billion, which increased Rp111 billion, or 8.4. - Placement of time deposit amounted to Rp146 billion.

3. Cash Flows from Financing Activities

Net cash lows used in inancing activities was Rp6,407 billion US465 million in 2015 compared with Rp10,083 billion in 2014. Cash receipts from inancing activities amounted to Rp20,634 billion, which increased by Rp7,565 billion, or 57.9 compared to 2014. The cash receipts from investing acitivites came from: - Proceeds from long-term bank loans amounted to Rp10,698 billion,which increased by RpRp4,072 billion, or 61.5 compared to 2014. - Proceed from short-term amounted to Rp2,558 billion, which decrease by Rp1,022 billion, or 28.5 compared to 2014. - Proceed from obligation amounted to Rp6,985 billion. - Proceed from sale of treasury stock amounted to Rp68 billion. Cash disbursements from inancing activities amounted to Rp27,041 billion, which increased by Rp3,889 billion, or 16.8 compared to 2014. Cash disbursements included primarily the following: - Cash deviden paid to the Company’s stockholders and to non-controlling stockholders of subsidiaries amounted to Rp8,783 billion and Rp7,831 billion. - Repayment two step and bank loan amounted Rp4,749 billion, which increased by Rp211 billion, or 4.6. - Repayment of short-term amounted to Rp3,987 billion, which decreased by Rp1,740 billion, or 77.4. - Payment for bonds amounted to Rp1,005 billion. YEAR ENDED DECEMBER 31, 2014 COMPARED TO YEAR ENDED DECEMBER 31, 2013 In 2014, operating activity accounted for the largest cash receipts Rp90,363 billion, or 81.9 of total, an increased compared to Rp82,768 billion in 2013, in line with increased in cash receipts from customers. Cash receipts from inancing activities amounted to Rp13,069 billion and investing activities Rp6,912 billion in 2014 compared to Rp5,956 billion and Rp1,654 billion in 2013. This increased was primarily due to time deposit and bank loans.