2,541 ADDITIONAL PAID-IN CAPITAL June 30, 2017

PERUSAHAAN PERSEROAN PERSERO PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS As of June 30, 2017 and For the Six Months Period Then Ended unaudited Figures in tables are expressed in billions of Rupiah, unless otherwise stated 64

22. REVENUES 2017

2016 Telephone revenues Cellular Usage charges 19,200 17,906 Monthly subscription charges 30 201 19,230 18,107 Fixed lines Usage charges 1,679 2,040 Monthly subscription charges 1,631 1,654 Call center 149 142 Others 198 44 21 3,657 3,880 Total telephone revenues 22,887 21,987 Interconnection revenues 2,665 1.879 Data, internet, and information technology service revenues Celullar internet and data 17,383 14,617 Internet, data communication and information technology services 8,895 7,411 Short Messaging Services “SMS” 6,790 6,997 Pay TV 647 514 Others 194 96 Total data, internet, and information technology service revenues 33,909 29.635 Network revenues 606 548 Other revenues Sales of handset 743 740 Telecommunication tower leases 395 358 Call center service 329 363 CPE and terminal 259 326 Others 2,228 618 Total other revenues 3,954 2,405 Total revenues 64,021 56.454 The detail of net revenues received by the Group from agency relationships for the six months period ended June 30, 2017 and 2016 are as follows: 2017 2016 Gross revenues 17,911 14,617 Compensation to value added service providers 528 - Net revenues 17,383 14,617 Refer to Note 31 for details of related party transactions. PERUSAHAAN PERSEROAN PERSERO PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS As of June 30, 2017 and For the Six Months Period Then Ended unaudited Figures in tables are expressed in billions of Rupiah, unless otherwise stated 65

23. PERSONNEL EXPENSES

The breakdown of personnel expenses is as follows: 2017 2016 Salaries and related benefits 3,891 3,628 Vacation pay, incentives and other benefits 1,641 1,542 Pension benefit cost Note 29 687 619 Early retirement program - 200 Net periodic post-employment health care benefit cost Note 29 151 91 Other employee benefit cost Note 29 31 23 Long Service Awards “LSA” expense Note 30 60 53 Other post-employment benefit cost Note 29 21 24 Others 233 225 Total 6,715 6,405 Refer to Note 31 for details of related party transactions.

24. OPERATION, MAINTENANCE AND TELECOMMUNICATION SERVICE EXPENSES

The breakdown of operation, maintenance and telecommunication service expenses is as follows: 2017 2016 Operation and maintenance 10,257 8,771 Radio frequency usage charges Notes 34c.i and 34c.ii 2,029 1,939 Cost of IT services 1,289 780 Leased lines and CPE 1,270 1,519 Concession fees and USO charges 1,103 1,100 Cost of handset sold Note 6 732 735 Cost of SIM cards and vouchers Note 6 536 280 Electricity, gas and water 403 463 Project Management 210 90 Tower leases 209 202 Vehicles rental and supporting facilities 140 136 Insurance 82 120 Others 148 39 Total 18,408 16,174 Refer to Note 31 for details of related party transactions.

25. GENERAL AND ADMINISTRATIVE EXPENSES

The breakdown of general and administrative expenses is as follows: 2017 2016 General expenses 795 740 Provision for impairment of receivables Note 5d 325 149 Training, education and recruitment 241 190 Travelling 224 185 Professional fees 199 290 Meeting 115 93 Social contribution 102 60 Collection expenses 67 91 Others 135 140 Total 2,203 1,938 Refer to Note 31 for details of related party transactions.