PERUSAHAAN PERSEROAN PERSERO PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS AS OF SEPTEMBER 30, 2013 UNAUDITED AND FOR NINE MONTHS PERIOD ENDED
WITH COMPARATIVE FIGURES AS OF DECEMBER 31, 2012 AUDITED AND FOR NINE MONTHS PERIOD ENDED SEPTEMBER 30, 2012 UNAUDITED
Figures in tables are presented in billions of Rupiah, unless otherwise stated
58
17. SHORT-TERM BANK LOANS continued
Other significant information relating to short-term bank loans as at September 30, 2013 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
Property and 2013
equipment Note 11, inventories
Note 7, and trade receivables Note 6
April 29, 2008
a
Balebat Rp
10 May 29,
Monthly 10.50
Property and 2013
equipment Note 11, inventories
Note 7, and trade receivables Note 6
March 9, 2013 Infomedia Rp
38 October 9,
Monthly 9.50
Trade receivables 2013
Note 6 March 22, 2013
Infomedia Rp 38 October 22,
Monthly 9.50
Trade receivables 2013
Note 6 April, 2013
GSD Rp
50 December 31, Monthly
9.75 Property and
2013 equipment
Note 11 September 30, 2013 GSD
Rp 35
August 18, Monthly
9.75 Property and
2014 equipment
Note 11 BRI
March 8, 2013 Infomedia Rp
50 March 8,
Monthly 8.00
Trade receivables 2014
Note 6 Bank Ekonomi Raharja
April 16, 2013 Sigma
USD 3.5
June 30, Monthly
6.00 Trade receivables
2014 Note 6
Danamon July 9, 2013
Infomedia Rp 80
July 9, Monthly
10.00 Trade receivables
2014 Note 6
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.
18. CURRENT MATURITIES OF LONG-TERM LIABILITIES a. Current maturities
September 30, December 31, Notes
2013 2012
Bank loans 21
3,559 4,475
Obligations under finance leases 11
611 510
Bonds and notes 20
353 440
Two-step loans 19
211 196
Total 4,734
5,621
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 SEPTEMBER 30, 2013 UNAUDITED AND FOR NINE MONTHS PERIOD ENDED
WITH COMPARATIVE FIGURES AS OF DECEMBER 31, 2012 AUDITED AND FOR NINE MONTHS PERIOD ENDED SEPTEMBER 30, 2012 UNAUDITED
Figures in tables are presented in billions of Rupiah, unless otherwise stated
59
18. CURRENT MATURITIES OF LONG-TERM LIABILITIES continued
b. Long-term portion Scheduled principal payments as of September 30, 2013 are as follows:
Year Notes
Total 2014 2015 2016 2017 Thereafter
Bank loans 21
6,312 1,610 2,772
1,006 576
348 Bonds and notes
20 3,108
64 1,041 8
- 1,995 Two-step loans
19 1,782
79 215
218 219 1,051
Obligations under finance leases 11 3,625
153 452
446 463 2,111
Total 14,827
1,906 4,480 1,678 1,258
5,505 19. 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.
September 30, 2013 December 31, 2012
Outstanding Outstanding
Original Original
currency Rupiah
currency Rupiah
Lenders Currency in millions
equivalent in millions equivalent
Overseas banks Yen
8,831 1,046
9,215 1,031
US 35
408 -
574 Rp
539 40
382 Total
1,993 1,987
Current maturities Note 18a 211
196
Long-term portion Note 18b 1,782
1,791 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
9.81 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.
