PERUSAHAAN PERSEROAN PERSERO PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS For the three month periods Ended March 31, 2017 and 2016 unaudited
Figures in tables are expressed in billions of Rupiah, unless otherwise stated
62
20. TREASURY STOCK continued
Pursuant to the AGM of Stockholders of the Company held on June 11, 2010, the stockholders approved the change in the Company’s plan for treasury stock phases I, II, and III to become: i for
reissuance inside or outside stock exchange, ii for retirement of the stock by deducting from equity, iii for equity stock conversion and iv for funding purposes.
Pursuant to the AGM of Stockholders of the Company held on May 19, 2011, the stockholders approved to execute the repurchase plan for treasury stock phase IV.
In 2012, the Company bought back 237,270,500 shares equivalent to 1,186,352,500 shares after stock split from the public part of stock repurchase program phase IV for Rp1,744 billion.
In the AGM on April 19, 2013, the Companys stockholders approved the change to the plan for the treasury stock phase III, which was decided to be used for the implementation of the Employee Stock
Ownership Program “ESOP” for the year 2013.
On July 30, 2013, the Company resold 211,290,500 shares equivalent to 1,056,452,500 shares after stock split of treasury stock phase I with fair value amounting to Rp2,368 billion net of related costs
to sell the shares. The excess amounting to Rp544 billion in value of the treasury shares sold over their acquisition cost was recorded as additional paid-in capital Note 19.
On June 13, 2014, the Company resold 215,000,000 shares equivalent to 1,075,000,000 shares after stock split of treasury stock phase II with fair value amounting to Rp2,541 billion net of related costs
to sell the shares. The excess amounting to Rp576 billion in value of the treasury stock sold over their acquisition cost was recorded as additional paid-in capital Note 19.
On December 21, 2015, the Company resold 4,472,600 shares equivalent to 22,363,000 shares after stock split of treasury stock phase III with fair value amounting to Rp68 billion net of related costs to
sell the shares. The excess amounting to Rp36 billion in value of the treasury stock sold over their acquisition cost was recorded as additional paid-in capital Note 19.
On June 29, 2016, the Company resold 172,800,000 shares equivalent to 864,000,000 shares after stock split of treasury stock phase IV with fair value of Rp3,259 billion net of related costs to sell the
shares. The excess amounting to Rp1,996 billion in value of the treasury stock sold over their acquisition cost was recorded as additional paid-in capital Note 19.
21. OTHER EQUITY March 31, 2017 December 31, 2016
Effect of change in equity of associated companies 386
386 Unrealized holding gain on available-for-sale securities
53 38
Transalation adjustment 493
503
Difference due to acquisition of non controlling interests in
subsidiaries 637
637 Other equity components
49 49
Total 344
339
PERUSAHAAN PERSEROAN PERSERO PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS For the three month periods Ended March 31, 2017 and 2016 unaudited
Figures in tables are expressed in billions of Rupiah, unless otherwise stated
63
22. REVENUES 2017
2016 Telephone revenues
Cellular Usage charges
9,612 8,818
Monthly subscription charges 7
107 9,619
8,925 Fixed lines
Usage charges 891
1,032 Monthly subscription charges
814 822
Call center 75
69 Others
86 22
1,866 1,945
Total telephone revenues 11,485
10,870 Interconnection revenues
1,270 1,082
Data, internet, and information technology service revenues
Celullar internet and data 8,094
6,313 Internet, data communication and information technology
services 4,424
3,711 Short Messaging Services “SMS”
3,376 3,957
Pay TV 320
249 Others
79 28
Total data, internet, and information technology service revenues
16,293 14,258
Network revenues 302
290 Other revenues
Sales of handset 371
370 CPE and terminal
396 60
Telecommunication tower leases 183
178 Call center service
144 137
E-payment 129
48 E-health
111 54
Others 338
195
Total other revenues 1,672
1,042 Total revenues
31,022 27,542
The detail of net revenues received by the Group from agency relationships for the three month periods ended March 31, 2017 and 2016 are as follows:
2017 2016
Gross revenues 8,351
6,521 Compensation to value added service providers
257 208
Net revenues 8,094
6,313
Refer to Note 31 for details of related party transactions.
