PERUSAHAAN PERSEROAN PERSERO P.T. TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS UNAUDITED continued JUNE 30, 2008 AND 2009,
AND SIX MONTHS PERIOD ENDED JUNE 30, 2008 AND 2009 Figures in tables are presented in millions of Rupiah, unless otherwise stated
76
38. TAXATION continued
c. Taxes payable continued
2008 2009
Subsidiaries Income taxes
Article 4 2 - Final tax 3,891
15,390 Article 21 - Individual income tax
38,165 25,303
Article 22 - Withholding tax on goods delivery and imported
1 2
Article 23 - Withholding tax on services delivery 28,318
15,932 Article 25 - Installment of corporate income tax
423,190 318,230
Article 26 - Withholding tax on non-resident income tax 35,185
22,681 Article 29 - Underpayment of corporate
income tax 203,565
320,930 VAT
75,335 86,016
807,650 804,484
1,646,401 1,203,203
d. The components of income tax expense benefit are as follows:
2008 2009
Current The Company
1,156,935 529,622
Subsidiaries 2,705,382
2,273,272 3,862,317
2,802,894 Deferred
The Company 76,563
326,335 Subsidiaries
153,628 162,242
77,065 488,577
3,939,382 3,291,471
PERUSAHAAN PERSEROAN PERSERO P.T. TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS UNAUDITED continued JUNE 30, 2008 AND 2009,
AND SIX MONTHS PERIOD ENDED JUNE 30, 2008 AND 2009 Figures in tables are presented in millions of Rupiah, unless otherwise stated
77
38. TAXATION continued
e. Corporate income tax is computed for each individual company as a separate legal entity consolidated financial statements are not applicable for computing corporate income tax in
Indonesia. The reconciliation between the consolidated income before tax and taxable income attributable to
the Company and the consolidated income tax expense are as follows:
2008 2009
Consolidated income before tax 12,495,574
11,537,951 Add back consolidation eliminations
4,219,054 3,999,469
Consolidated income before tax and eliminations 16,714,628
15,537,420 Less: income before tax of the subsidiaries
9,336,646 8,612,429
Income before tax attributable to the Company 7,377,982
6,924,991 Less: income subject to final tax
343,443 364,963
7,034,539 6,560,028
Tax calculated at progressive rates 2,110,344
1,508,806 Non-taxable income
1,265,299 913,394
Non-deductible expenses 192,704
153,677 Deferred tax liabilities that cannot be utilized - net
1,577 69,906
Corporate income tax expense 1,039,326
818,995 Final income tax expense
41,046 36,962
Total income tax expense of the Company 1,080,372
855,957 Income tax expense of the subsidiaries
2,859,010 2,435,514
Total consolidated income tax expense 3,939,382
3,291,471
The reconciliation between income before tax attributable to the Company and the estimated taxable income for the six months period ended June 30, 2008 and 2009, are as follows:
2008 2009
Income before tax attributable to the Company 7,377,982
6,924,991 Less: income subject to final tax
343,443 364,963
7,034,539 6,560,028
PERUSAHAAN PERSEROAN PERSERO P.T. TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS UNAUDITED continued JUNE 30, 2008 AND 2009,
AND SIX MONTHS PERIOD ENDED JUNE 30, 2008 AND 2009 Figures in tables are presented in millions of Rupiah, unless otherwise stated
78
38. TAXATION continued
