PERUSAHAAN PERSEROAN PERSERO PT TELEKOMUNIKASI INDONESIA Tbk AND ITS SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS As of December 31, 2013 and for the Year Then Ended
Figures in tables are expressed in billions of rupiah, unless otherwise stated
74
31. TAXATION continued
c. Taxes payable continued
2013 2012
Subsidiaries Income taxes
Article 4 2 - Final tax 48
37 Article 21 - Individual income tax
82 60
Article 23 - Withholding tax on service delivery 34
32 Article 25 - Installment of corporate income tax
440 378
Article 26 - Withholding tax on non-resident income 16
18 Article 29 - Corporate income tax
284 674
VAT 72
3 976
1,202 1,698
1,844
d. The components of income tax expense benefit are as follows:
2013 2012
Current The Company
909 878
Subsidiaries 6,086
5,750 6,995
6,628 Deferred
The Company 149
501 Subsidiaries
13 261
136 762
6,859 5,866
The reconciliation between the income tax expense calculated by applying the applicable tax rate of 20 to the profit before income tax less income subject to final tax, and the net income tax
expense as shown in the consolidated statement of comprehensive income is as follows:
2013 2012
Profit before income tax 27,149
24,228 Less income subject to final tax
1,780 913
25,369 23,315
Tax calculated at the Company’s applicable statutory tax rate of 20
5,074 4,663
Difference in applicable statutory tax rate for subsidiaries
1,213 1,050
Non-deductible expenses 460
381 Final income tax expenses
93 52
Others 19
280
Net income tax expense 6,859
5,866
PERUSAHAAN PERSEROAN PERSERO PT TELEKOMUNIKASI INDONESIA Tbk AND ITS SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS As of December 31, 2013 and for the Year Then Ended
Figures in tables are expressed in billions of rupiah, unless otherwise stated
75
31. TAXATION continued
d. The components of income tax expense benefit are as follows: continued The reconciliation between the profit before income tax and the estimated taxable income of the
Company for the years ended December 31, 2013 and 2012 is as follows:
2013 2012
Profit before income tax 27,149
24,228 Add back consolidation eliminations
11,992 10,536
Consolidated profit before income tax and eliminations 39,141
34,764 Less profit before income tax of the subsidiaries
24,143 21,616
Profit before income tax attributable to the Company 14,998
13,148 Less income subject to final tax
433 344
14,565 12,804
Temporary differences: Provision for impairment and
trade receivables written-off 854
43 Provision for impairment of assets
596 246
Net periodic pension and other post-retirement benefits costs
414 291
Finance lease 366
196 Deferred installation fee
83 72
Provision for personnel expenses 13
537 Valuation of fair value of long-term investment
352 -
Depreciation and gain on sale of property and equipment
403 424
Payment of provision for early retirement program 699
699 Other provisions
33 19
Net temporary differences 879
1,105
Permanent differences: Net periodic post-retirement health care benefit costs
374 90
Employee benefits 247
218 Donations
193 215
Equity in net income of associates and subsidiaries 11,979
10,583 Gain on sale of long term investment
499 -
Others 460
360
Net permanent differences 11,204
9,700 Taxable income of the Company
4,240 4,209
Current corporate income tax expense 848
842 Final income tax expense
61 36
Total current income tax expense of the Company 909
878 Current income tax expense of the subsidiaries
6,086 5,750
Total current income tax expense 6,995
6,628