Provisions SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued

PERUSAHAAN PERSEROAN PERSERO PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS AS OF DECEMBER 31, 2012 AND FOR THE YEAR THEN ENDED WITH COMPARATIVE FIGURES AS OF DECEMBER 31, 2011 AND FOR THE YEAR THEN ENDED AND AS OF JANUARY 1, 2011 Figures in tables are presented in billions of Rupiah, unless otherwise stated 36

3. CASH AND CASH EQUIVALENTS 2012

2011 Cash on hand 7 6 Cash in banks Related parties Rupiah PT Bank Mandiri Persero Tbk “Bank Mandiri” 913 687 PT Bank Negara Indonesia Persero Tbk “BNI” 284 302 PT Bank Rakyat Indonesia Persero Tbk “BRI” 87 101 Others 14 17 1,298 1,107 Foreign currencies Bank Mandiri 222 198 BNI 20 48 Others 2 2 244 248 Sub total 1,542 1,355 Third parties Rupiah Deutsche Bank AG “DB” 62 31 PT Bank CIMB Niaga Tbk ”Bank CIMB Niaga” 59 12 Others each below Rp50 billion 103 73 224 116 Foreign currencies PT Standard Chartered Bank “SCB” 112 7 Others each below Rp50 billion 65 62 177 69 Sub total 401 185 Total cash in banks 1,943 1,540 Time deposits Related parties Rupiah BRI 2,883 2,620 BNI 1,511 2,418 PT Bank Tabungan Negara Persero Tbk “BTN” 401 446 Bank Mandiri 312 448 PT Bank Syariah Mandiri “BSM” 23 77 Others each below Rp30 billion 20 30 5,150 6,039 Foreign currencies BRI 1,966 299 Bank Mandiri 222 - BNI 112 7 2,300 306 Sub total 7,450 6,345 PERUSAHAAN PERSEROAN PERSERO PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS AS OF DECEMBER 31, 2012 AND FOR THE YEAR THEN ENDED WITH COMPARATIVE FIGURES AS OF DECEMBER 31, 2011 AND FOR THE YEAR THEN ENDED AND AS OF JANUARY 1, 2011 Figures in tables are presented in billions of Rupiah, unless otherwise stated 37

3. CASH AND CASH EQUIVALENTS continued 2012

2011 Time deposits continued Third parties Rupiah PT Bank OCBC NISP Tbk “OCBC NISP” 400 - Citibank N.A. “Citibank” 400 - PT Bank Mega Tbk “Bank Mega” 335 180 Bank CIMB Niaga 225 12 PT Bank Pembangunan Daerah Jawa Barat dan Banten Tbk “BJB” 170 145 PT Bank Tabungan Pensiunan Nasional Tbk 167 190 PT Bank Bukopin Tbk “Bank Bukopin” 160 181 PT Bank Muamalat Indonesia 153 95 PT Bank Internasional Indonesia Tbk “BII” 120 25 PT Pan Indonesia Bank Tbk 100 90 PT Bank Danamon “Bank Danamon” 61 10 PT Bank Buana “Bank Buana” 60 1 DB 31 78 Others 15 19 2,397 1,026 Foreign currencies SCB 804 42 OCBC NISP 517 641 Others - 34 1,321 717 Sub total 3,718 1,743 Total time deposits 11,168 8,088 Grand Total 13,118 9,634 Interest rates per annum on time deposits are as follows: 2012 2011 Rupiah 2.25 - 8.50 2.85 - 9.25 Foreign currencies 0.05 - 3.50 0.05 - 3.00 The related parties in which the Company and subsidiaries place their funds are state-owned banks. The Company and subsidiaries placed majority of their cash and cash equivalents in these banks because they have the most extensive branch networks in Indonesia and are considered to be financially sound banks as they are owned by the State. Refer to Note 37 for details of related party transactions.