DEFERRED CONSIDERATION FOR BUSINESS COMBINATIONS continued
25. CAPITAL STOCK continued
September 30, 2011 Number of Percentage Total Description shares of ownership paid-up capital Series A Dwiwarna share Government 1 - - Series B shares Government 10,320,470,711 52.85 2,580,118 The Bank of New York Mellon Corporation 2,949,198,856 15.10 737,300 Directors Note 1b: Ermady Dahlan 17,604 - 4 Indra Utoyo 5,508 - 1 Public individually less than 5 6,258,423,600 32.05 1,564,606 Total 19,528,116,280 100.00 4,882,029 Treasury stock Note 27 631,883,000 - 157,971 Total 20,159,999,280 100.00 5,040,000 The Company only issued 1 Series A Dwiwarna share which is held by the Government and cannot be transferred to any party, and has a veto in the General Meeting of Stockholders of the Company with respect to election and removal of the Board of Commissioners and Directors, issuance of new shares and to amend the Company’s Articles of Association. Series B shares give the same and equal rights to all the Series B stockholders. 26. ADDITIONAL PAID-IN CAPITAL December 31, September 30, 2010 2011 Proceeds from sale of 933,333,000 shares in excess of par value through IPO in 1995 1,446,666 1,446,666 Capitalization into 746,666,640 Series B shares in 1999 373,333 373,333 Total 1,073,333 1,073,333 27. TREASURY STOCK The Company had repurchased the Series B shares phase I, II, III and IV based on the AGM of Stockholders of the Company Note 1c and on the potential crisis market condition based on BAPEPAM-LK Regulation No. XI.B.3 Attachment to the Decision of the Chairman of BAPEPAM-LK No. Kep-401BL2008 dated October 9, 2008. PERUSAHAAN PERSEROAN PERSERO P.T. TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS continued DECEMBER 31, 2010 AUDITED AND SEPTEMBER 30, 2011 UNAUDITED AND NINE MONTHS PERIOD ENDED SEPTEMBER 30, 2010 AND 2011 UNAUDITED Figures in tables are presented in millions of Rupiah, unless otherwise stated 7927. TREASURY STOCK continued
Based on the resolution at the AGM of Stockholders of the Company on May 19, 2011, the stockholders authorized the phase IV plan to repurchase the Company’s issued and outstanding Series B shares. The proposal was to undertake a stock repurchase program with the following terms and conditions: i maximum stock repurchase would be 645,161,290 of the Company’s issued Series B shares with total cost not to exceed Rp.5,000,000 million; and ii the period determined for the acquisition would not be longer than 18 months May 19, 2011 to November 20, 2012. On May 23, 2011, the Company has released a full disclosure statement to the public in relation with fund allocation addition for phase IV stock repurchase program from Rp.3,000,000 million to Rp.5,000,000 million. As of December 31, 2010 and September 30, 2011, the Company has repurchased 490,574,500 and 631,883,000 of the Company’s issued and outstanding Series B shares, respectively, representing 2.43 and 3.13 of the Company’s issued and outstanding Series B shares, for a total repurchase amount of Rp.4,264,073 million and Rp.5,293,049 million up to 2010 and 2011, respectively, including broker’s commissions and custodian fees. The Company has planned to retain, sell or use the treasury stock for other purposes in accordance with BAPEPAM-LK Regulation No. XI.B.2 and under Law No. 402007 on Limited Liability Companies. Pursuant to the AGM of Stockholders of the Company dated June 11, 2010, the stockholders approved the changes to the Company’s plan for used of the treasury stock as result of the Share Buy Back I, II and III, as follows: i market placement; ii cancellation; iii equity conversion; and iv funding. 2010 2011 Number Number of shares Rp. of shares Rp. Balance beginning 490,574,500 4,264,073 490,574,500 4,264,073 Number of shares acquired - - 141,308,500 1,028,976 Balance ending 490,574,500 4,264,073 631,883,000 5,293,049Parts
» GENERAL a. Establishment and general information
» GENERAL continued a. Establishment and general information continued
» Public offering of securities of the Company
» Subsidiaries GENERAL continued c. Public offering of securities of the Company continued
» GENERAL continued d. Subsidiaries continued
» Authorization of the consolidated financial statements
» Basis of preparation of financial statements
» Principles of consolidation SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
» SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued f. Investments continued
» Inventories SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued g. Trade and other receivables
» Property, plant and equipment - direct acquisitions
» Property, plant and equipment under finance leases
» Foreign currency translation Revenue and expense recognition
» SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued q. Employee benefits continued
» Income tax Financial instruments
» SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued s. Financial instruments continued
» Dividends SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued s. Financial instruments continued
» Earnings per share and earnings per ADS
» TRANSLATION OF RUPIAH INTO UNITED STATES DOLLARS
» ACQUISITIONS OF AD MEDIKA CASH AND CASH EQUIVALENTS December 31, September 30,
» CASH AND CASH EQUIVALENTS continued December 31, September 30,
» CASH AND CASH EQUIVALENTS continued December 31, September 30, TRADE RECEIVABLES
» TRADE RECEIVABLES continued FS 30 Sep 11 Tlkm english
» INVENTORIES December 31, September 30, FS 30 Sep 11 Tlkm english
» ADVANCES AND PREPAID EXPENSES December 31, September 30,
» PSN LONG-TERM INVESTMENTS continued i.
» LONG-TERM INVESTMENTS continued viii. Bangtelindo PROPERTY, PLANT AND EQUIPMENT
» PROPERTY, PLANT AND EQUIPMENT continued PROPERTY, PLANT AND EQUIPMENT continued
» PROPERTY, PLANT AND EQUIPMENT continued
» ADVANCES AND OTHER NON-CURRENT ASSETS
» GOODWILL AND OTHER INTANGIBLE ASSETS continued i continued
» SHORT-TERM BANK LOANS FS 30 Sep 11 Tlkm english
» SHORT-TERM BANK LOANS continued
» MATURITIES OF LONG-TERM LIABILITIES a. Current maturities
» TWO-STEP LOANS continued FS 30 Sep 11 Tlkm english
» BONDS AND NOTES continued a. Bonds
» Promissory Notes BONDS AND NOTES continued
» BANK LOANS BANK LOANS continued
» BANK LOANS continued FS 30 Sep 11 Tlkm english
» DEFERRED CONSIDERATION FOR BUSINESS COMBINATIONS continued
» NON-CONTROLLING INTEREST December 31, September 30,
» CAPITAL STOCK FS 30 Sep 11 Tlkm english
» CAPITAL STOCK continued FS 30 Sep 11 Tlkm english
» TREASURY STOCK continued FS 30 Sep 11 Tlkm english
» TELEPHONE REVENUES 2010 FS 30 Sep 11 Tlkm english
» INTERCONNECTION REVENUES 2010 NETWORK REVENUES 2010
» OTHER TELECOMMUNICATIONS SERVICES 2010 PERSONNEL EXPENSES 2010
» OPERATIONS, MAINTENANCE AND TELECOMMUNICATION SERVICES EXPENSES 2010
» Claim for tax refund December 31, September 30,
» TAXATION continued c. Taxes payable
» TAXATION continued FS 30 Sep 11 Tlkm english
» TAXATION continued g. Deferred tax assets and liabilities
» CASH DIVIDENDS AND GENERAL RESERVE
» PENSION AND OTHER POST-RETIREMENT BENEFITS December 31, September 30,
» PENSION AND OTHER POST-RETIREMENT BENEFITS continued a. Pension continued
» The Company continued December 31, December 31,
» Telkomsel continued December 31, September 30,
» Other post-retirement benefits Infomedia
» POST-RETIREMENT HEALTH CARE BENEFITS
» are as follows: FS 30 Sep 11 Tlkm english
» Government RELATED PARTY TRANSACTIONS
» Indosat RELATED PARTY TRANSACTIONS continued b. Commissioners and Directors remuneration
» RELATED PARTY TRANSACTIONS continued c. Indosat continued
» Others RELATED PARTY TRANSACTIONS continued c. Indosat continued
» RELATED PARTY TRANSACTIONS continued d. Others continued
» Cash and cash equivalents Note 5
» Temporary investments RELATED PARTY TRANSACTIONS continued d. Others continued
» 1,240,220 Trade receivables - net Note 6 780,043
» Trade payables Note 15 RELATED PARTY TRANSACTIONS continued
» 674,346 RELATED PARTY TRANSACTIONS continued
» k. RELATED PARTY TRANSACTIONS continued
» 1,487,906 RELATED PARTY TRANSACTIONS continued
» l. RELATED PARTY TRANSACTIONS continued
» n. Accrued LSA Note 42 242,149
» Accrued pension and other post-retirement
» 692,671 RELATED PARTY TRANSACTIONS continued
» 2,830,218 RELATED PARTY TRANSACTIONS continued
» 5,825,771 RELATED PARTY TRANSACTIONS continued
» SEGMENT INFORMATION FS 30 Sep 11 Tlkm english
» SEGMENT INFORMATION continued FS 30 Sep 11 Tlkm english
» REVENUE-SHARING ARRANGEMENTS “RSA” FS 30 Sep 11 Tlkm english
» Fixed line telephone tariffs
» RSA continued TELECOMMUNICATIONS SERVICES TARIFFS continued c. Interconnection tariffs continued
» VoIP interconnection tariff Network lease tariff
» Tariff for other services Universal Service Obligation “USO”
» TELECOMMUNICATIONS SERVICES TARIFFS continued h. USO continued COMMITMENTS a. Capital expenditures
» COMMITMENTS continued a. Capital expenditures continued
» Borrowings and other credit facilities Others
» COMMITMENTS continued c. Others continued
» CONTINGENCIES FS 30 Sep 11 Tlkm english
» CONTINGENCIES continued FS 30 Sep 11 Tlkm english
» ASSETS AND LIABILITIES DENOMINATED IN FOREIGN CURRENCIES continued
» Interest rate risk continued
» FINANCIAL ASSETS AND LIABILITIES continued
» SUBSEQUENT EVENTS FS 30 Sep 11 Tlkm english
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