Plasa Telkom and GraPARI

INCOME STATEMENT OVERVIEW The following table sets out our Consolidated Statements of Comprehensive Income, itemized according to our main products and services, for the three years 2014 through 2012. Each item is expressed as a percentage of total revenues or expenses: As of December 31, 2014 2013 2012 Rp billion US million Rp billion Rp billion Revenues Telephone Revenues Cellular Usage charges 32,972 2,662 36.8 30,722 37.0 29,477 38.2 Features 751 61 0.8 686 0.8 558 0.7 Monthly subscription charges 567 46 0.6 730 0.9 696 0.9 Total Cellular 34,290 2,769 38.2 32,138 38.7 30,731 39.8 Fixed Line Usage charges 5,347 432 6.0 6,453 7.8 7,323 9.5 Monthly subscription charges 2,697 218 3.0 2,682 3.2 2,805 3.6 Call center 736 59 0.8 324 0.4 228 0.3 Installation charges 31 2 12 112 0.1 Others 70 6 0.1 230 0.3 194 0.3 Total Fixed Line 8,881 717 9.9 9,701 11.7 10,662 13.8 Total Telephone Revenues 43,171 3,486 48.1 41,839 50.4 41,393 53.6 Data, Internet and Information Technology Services Revenues Internet, data communication and information technology services 23,550 1,902 26.3 19,267 23.3 14,857 19.3 Short Messaging Service SMS 14,034 1,133 15.7 13,134 15.8 12,631 16.4 e-Business 103 8 0.1 83 0.1 55 0.1 VoIP 25 2 119 0.1 81 0.1 Total Data, Internet and Information Technology Services Revenues 37,712 3,045

42.1 32,603

39.3 27,624

35.9 Interconnection Revenues

4,708 380

5.3 4,843

5.9 4,273

5.5 Network Revenues

1,280 103

1.4 1,253

1.5 1,208

1.6 Others Telecommunications Services Revenues

2,825 228

3.1 2,429

2.9 2,645

3.4 Total Revenues

89,696 7,242 100 82,967 100 77,143 100 Expenses Operations, Maintenance and Telecommunication Services Expenses Operations and maintenance 12,583 1,016 20.5 10,667 18.5 9,012 16.7 Radio frequency usage charges 3,207 259 5.2 3,098 5.4 3,002 5.6 Concession fees and Universal Service Obligation USO charges 1,818 147 3.0 1,595 2.8 1,452 2.7 Electricity, gas and water 1,180 95 1.9 1,063 1.8 879 1.6 Cost of phone,set top boxes, SIM and RUIM cards 1,031 83 1.7 752 1.3 687 1.3 Leased lines and CPE 758 61 1.2 440 0.8 407 0.8 Vehicles rental and supporting facilities 581 47 0.9 439 0.8 293 0.5 Cost of IT service 357 29 0.6 677 1.2 222 0.4 Insurance 335 27 0.5 374 0.6 671 1.2 121 2014 Annual Report PT Telkom Indonesia Tbk Persero As of December 31, 2014 2013 2012 Rp billion US million Rp billion Rp billion Project Management Expenses 180 15 0.3 138 0.2 102 0.2 Others 258 21 0.4 89 0.2 76 0.1 Total Operations, Maintenance and Telecommunication Services Expenses 22,288 1,800

36.2 19,332

33.6 16,803

31.1 Depreciation and Amortization Expenses

17,131 1,383

27.9 15,780

27,3 14,456

26.8 Personnel Expenses

Salaries and related benefits 3,759 303 6.1 3,553 6.2 3,257 6.0 Vacation pay, incentives and other benefits 3,182 257 5.2 3,252 5.6 3,400 6.3 Employees’ income tax 1,317 106 2.1 1,160 2.0 1,022 1.9 Net periodic pension costs 645 52 1.1 873 1.5 789 1.4 Housing 224 18 0.4 220 0.4 200 0.4 LSA expense 115 9 0.2 19 121 0.2 Other employee benefit 108 9 0.2 71 0.1 38 0.1 Insurance 98 8 0.2 92 0.2 83 0.2 Net periodic post-retirement health care benefits costs 74 6 0.1 374 0.7 90 0.2 Other post-retirement benefits costs 61 5 0.1 66 0.1 65 0.1 Early Retirement Program 699 1.3 Others 33 3 0.1 53 0.1 22 0.1 Total Personnel Expenses 9,616 776 15.8 9,733 16.9 9,786 18.2 Interconnection Expenses 4,893 395 8.0 4,927 8.5 4,667 8.6 Marketing Expenses 3,092 250 5.0 3,044 5.3 3,094 5.7 General and Administrative Expenses 3,963 320 6.5 4,155 7.2 3,036 5.6 Gain loss on foreign exchange – net 14 1 249 0.4 189 0.3 Other expenses 396 32 0.6 480 0.8 1,973 3.7 Total Expenses 61,393 4,957 100 57,700 100 54,004 100 Other Income 1,074 87 2,579 2,559 Operating Profit 29,377 2,372 27,845 25,698 Finance income 1,238 100 836 596 Finance costs 1,814 146 1,504 2,055 Share of loss of associated companies 17 1 29 11 Profit Before Income Tax 28,784 2,324 27,149 24,227 Income Tax Expense Benefit 7,338 592 6,859 5,866 Profit for the Year 21,446 1,734 20,290 18,362 Total other comprehensive income - net 25 2 112 26 Total comprehensive income for the year 21,471 1,734 20,402 18,388 Profit for the year attributable to owners of the parent company 14,638 1,182 14,205 12,850 Profit for the year attributable to non-controlling interest 6,808 550 6,085 5,512 Total comprehensive income for the year attributable to owners of the parent company 14,663 1,184 14,317 12,876 Total comprehensive income for the year attributable to non-controlling interest 6,808 550 6,085 5,512 Income per share in full amount 149.83 147.42 133.84 122 2014 Annual Report PT Telkom Indonesia Tbk Persero FINANCIAL AND PERF ORMANCE HIGHLIGHT MANA GEMENT REPOR T PREF A GENERAL INF ORMA TION OF TELK OM INDONE SIA MANA GEMENT’S DISCUSSION AND ANAL Y SIS CORPORA TE GO VERNANCE SOCIAL AND ENVIRONMENT AL RE SPONSIBILITY APPENDICE S