PERUSAHAAN PERSEROAN PERSERO PT TELEKOMUNIKASI INDONESIA Tbk AND ITS SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS As of March 31, 2014 and for three months period then ended unaudited
Figures in tables are expressed in billions of rupiah, unless otherwise stated
103
41. SIGNIFICANT COMMITMENTS AND AGREEMENTS continued a. Capital expenditures continued
iv DMT
Contracting parties Initial date of
agreement Significant provisions of the
agreement
DMT and PT M Jusuf Sons December 20, 2012
Telecommunication tower development agreement
v TII
Contracting parties Initial date of
agreement Significant provisions of the
agreement
TL and Digicel TL LDA Digicel August 28, 2012
Trading tower location agreement TL, Ericsson AB and PT Ericsson Indonesia
November 2, 2012 Operational Supporting System OSS,
Base Sub Station BSS and Value Added System VAS System Rollout and
Radio Access Network RAN and Core System Rollout agreement
TL, Ericsson AB and PT Ericsson Indonesia February 1, 2013
Management service agreement for end- to-end mobile network
TL and PT Cascadiant Indonesia December 31, 2012
Desember 31, 2012 November 20, 2013
Installation and maintenance service agreement
Purchase of
equipment phase
I agreement
Purchase of
equipment phase
II agreement
b. Borrowings and other credit facilities
i As of March 31, 2014, the Company has bank guarantee facilities for tender bond,
performance bond, maintenance bond, deposit guarantee and advance payment bond for various projects of the Company, as follows:
Facility utilized Original
Total currency
Rupiah Lenders
facility Maturity
Currency in millions
equivalent
BRI 350
March 14, 2016 Rp
- 141
US 3
BNI 250
March 31, 2014 Rp
- 65
US 3
Bank Mandiri 150
December 23, 2014 Rp
- 58
US 4
Total 750
274
ii Telkomsel has a US3 million bond and bank guarantee and standby letter of credit facilities with SCB, Jakarta. The facilities expire on July 31, 2014. Under these facilities, as of
March 31, 2014, Telkomsel has issued a bank guarantee of Rp20 billion equivalent to US1.6 million for a 3G performance bond Note 41c.i. The bank guarantee is valid until
March 24, 2014.
Telkomsel has a Rp200 billion bank guarantee facilitiy with BRI. The facility will expire on September 25, 2014. Under the facility, as of March 31, 2014, Telkomsel has issued a bank
guarantee of Rp20 billion equivalent to USD1.6 million as a 3G performance bond Note 41c.i valid until May 31, 2014 and Rp177 billion equivalent to USD15.52 million as
payment commitment guarantee for annual right of usage fee valid until March 31, 2014.
Telkomsel also has a Rp100 billion bank guarantee with BNI. The bank guarantee is valid until December 11, 2014. Telkomsel was using this facility to replace the time deposit used
guaranty for the USO program amounting to Rp56.2 billion.
iii TII has a US15 million bank guarantee from Bank Mandiri. The facility expires on December 19, 2014. As of March 31, 2014, TII has not issued a bank guarantee.
PERUSAHAAN PERSEROAN PERSERO PT TELEKOMUNIKASI INDONESIA Tbk AND ITS SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS As of March 31, 2014 and for three months period then ended unaudited
Figures in tables are expressed in billions of rupiah, unless otherwise stated
104
41. SIGNIFICANT COMMITMENTS AND AGREEMENTS continued c. Others
i 3G license With
reference to
the Decision
Letters No.
07PERM.KOMINFO22006, No. 268KEPM.KOMINFO92009 and No. 191 year 2013 of the MoCI Note 2i, Telkomsel is
required, among other things, to: 1. Pay an annual BHP fee which is calculated based on a certain formula over the license
term 10 years as set forth in the Decision Letters. The BHP is payable upon receipt of the notification letter “Surat Pemberitahuan Pembayaran” from the DGPI. The BHP fee is
payable annually up to the expiry date of the license.
2. Provide roaming access for the existing other 3G operators. 3. Contribute to USO development.
4. Construct a 3G network which covers at least 14 provinces by the sixth year of holding the 3G license.
5. Issue a performance bond each year amounting to Rp20 billion or 5 of the annual fee to be paid for the subsequent year, whichever is higher.
ii Radio Frequency Usage Based on the Decree No. 76 dated December 15, 2010 of the Government of the Republic of
Indonesia, which amended Decree No. 7 dated January 16, 2009, the annual frequency usage fees for bandwidths of 800 Megahertz “MHz”, 900 MHz and 1800 MHz are
determined using a formula set forth in the Decree. The Decree is applicable for 5 years unless further amended.
As an implementation of the above Decree, the Company and Telkomsel paid the first year and second year annual frequency usage fees in 2010 and 2011, respectively.
Based on Decision Letters No. 495 dated August 29, 2012 and No. 491 dated August 29, 2012, the MoCI determined that the third year Y
3
, 2012, annual frequency usage fees of the Company and Telkomsel were Rp174 billion and Rp1,718 billion, respectively. The
fees were paid in December 2012. Based on Decision Letters No. 881 dated September 10, 2013 and No. 884 dated September
10, 2013, the MoCI determined that the fourth year Y
4
, 2013, annual frequency usage fees of the Company and Telkomsel were Rp213 billion and Rp1,649 billion, respectively. The fees
were paid in December 2013 Note 2i. iii Apple, Inc
On January 9 and July 16, 2009, Telkomsel entered into agreements with Apple, Inc for the purchase of iPhone products, marketing it to customers using third parties PT Trikomsel OKE
and PT Mitra Telekomunikasi Selular and providing cellular network services over a 3-year term. Subsequently, on July 16, 2012, Telkomsel replaced the agreements with a new
agreement. Cumulative minimum iPhone units to be purchased up to June 2015 are at least 500,000 units.
