PERUSAHAAN PERSEROAN PERSERO P.T. TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS UNAUDITED continued JUNE 30, 2009 AND 2010,
AND SIX MONTHS PERIOD ENDED JUNE 30, 2009 AND 2010 Figures in tables are presented in millions of Rupiah, unless otherwise stated
72
28. TREASURY STOCK continued
As of June 30, 2009 and 2010, the Company has repurchased 490,574,500 of the Company’s issued and outstanding Series B shares, respectively, representing 2.43 of the Company’s issued and
outstanding Series B shares, for a total repurchase amount of Rp.4,264,073 million up to June 30, 2009 and 2010, 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 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.
For the period from January 1 to June 30, 2009 and 2010, the Company did not repurchase any treasury shares. As of the issuance date of the consolidated financial statements, no shares were
repurchased or sold.
29. DIFFERENCE IN VALUE ARISING FROM RESTRUCTURING TRANSACTIONS AND OTHER TRANSACTIONS BETWEEN ENTITIES UNDER COMMON CONTROL
The balance of this account amounting to Rp.478,000 million arose from the early termination of the Company’s exclusive rights to provide local and domestic fixed line telecommunication services. As
discussed in Note 1a, on December 15, 2005, the Company signed an Agreement on Implementation of Compensation for Termination of Exclusive Rights with the State MoCI - DGPT, which was
amended on October 18, 2006. Pursuant to this agreement, the Government agreed to pay Rp.478,000 million, net of tax, to the Company over a five-year period. In addition, the Company is
required by the Government to use the funds received from this compensation for the development of telecommunications infrastructure. As of June 30, 2009 and 2010, the development of the related
infrastructures amounted to Rp.416,773 million and Rp.505,147 million, respectively.
As of June 30, 2009 and 2010, the Company has received an aggregate of Rp.360,000 million and Rp.478,000
million, respectively,
in relation
to the
compensation for
the early
termination of exclusivity rights, made up of annual payments of Rp.90,000 million from 2005 to 2008 and Rp.118,000 million on August 25, 2009, respectively. The Company recorded these amounts in
“Difference in value arising from restructuring transactions and other transactions between entities under common control” in the Stockholders’ Equity section. These amounts are recorded as a
component of Stockholders’ Equity because the Government is the majority and controlling stockholder of the Company.
PERUSAHAAN PERSEROAN PERSERO P.T. TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS UNAUDITED continued JUNE 30, 2009 AND 2010,
AND SIX MONTHS PERIOD ENDED JUNE 30, 2009 AND 2010 Figures in tables are presented in millions of Rupiah, unless otherwise stated
73
30. TELEPHONE REVENUES 2009
2010
Fixed lines Local and SLJJ
5,449,725 4,858,858
Monthly subscription charges 1,805,154
1,673,278 Installation charges
59,887 51,496
Others 129,790
101,300 Total
7,444,556 6,684,932
Cellular Usage charges
13,402,050 13,784,862
Features 246,301
351,182 Monthly subscription charges
196,980 225,209
Connection fee charges 114,885
37,943 Total
13,960,216 14,399,196
Total Telephone Revenues 21,404,772
21,084,128
31. INTERCONNECTION REVENUES 2009
2010
Cellular interconnection 784,268
838,403 International interconnection
518,963 543,455
Others 133,958
141,104
Total - Net 1,437,189
1,522,962
Based on the MoCI Regulation No. 08PerM.KOMINFO022006, the implementation of cost-based interconnection tariff is applicable beginning January 1, 2007 Note 48.
Refer to Note 45 for details of related party transactions. 32. DATA, INTERNET AND INFORMATION TECHNOLOGY REVENUES
2009 2010
Short Messaging Services “SMS” 5,421,169
5,623,532 Internet, data communication and information technology services
3,171,539 4,480,401
VoIP 52,788
81,516 e-Business
18,661 36,870
Total 8,664,157
10,222,319
