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
56
17. SHORT-TERM BANK LOANS
March 31, 2014 December 31, 2013
Outstanding Outstanding
Original Original
currency Rupiah
currency Rupiah
Lenders Currency in millions
equivalent in millions equivalent
Bank CIMB Niaga Rp
- 177
- 155
Bank UOB Rp
- 200
- 130
Bank Danamon Rp
- 80
- 80
BRI Rp
- -
- 50
Others Rp
- 20
- 17
Total 477
432
Refer to Note 37 for details of related party transactions. Other significant information relating to short-term bank loans as at March 31, 2014 is as follows:
Total facility
Interest Interest in
Maturity payment
rate Borrower Currency billions
date period per annum
Security
Bank CIMB Niaga April 25, 2005
a
Balebat Rp
12 October 18, 2014 Monthly
11.00 Property and
equipment Note 11,
inventories Note 7, and trade
receivables Note 6 April 29, 2008
a
Balebat Rp
10 October 18,2014 Monthly
11.00 Property and
equipment Note 11,
inventories Note 7, and trade
receivables Note 6 March 21, 2013
Infomedia Rp
38 October 18, 2014 Monthly
10.00 Trade receivables
Note 6 March 25, 2013
Infomedia Rp
38 October 18,2014 Monthly
10.00 Trade receivables
Note 6 March 27, 2013
Infomedia Rp
24 October 18,2014 Monthly
10.25 Trade receivables
Note 6 April 28, 2013
GSD Rp 85
August 18, 2014 Monthly 9.75
Property and equipment
Note 11 September 30,
2013 GSD Rp
50 August 18,2014 Monthly
9.75 Property and
equipment Note 11
BRI March 14, 2013
Infomedia Rp
50 March 14,2014 Monthly
10.00 Trade receivables
Note 6 Bank Danamon
August 23, 2013 Infomedia Rp
80 August 23,2014 Monthly
10.25 Trade receivables
Note 6 Bank UOB
November 22, 2013
Infomedia Rp
200 November 22,2014 Monthly
10.60 Trade receivables
Note 6
The credit facilities obtained by the Company’s subsidiaries are used for working capital purposes.
a
based on the latest amendment on October 10, 2012
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
57
18. CURRENT MATURITIES OF LONG-TERM LIABILITIES
a. Current maturities
March 31, December 31,
Notes 2014
2013
Bank loans 21
3,274 3,956
Obligations under finance leases 11
619 648
Bonds and notes 20
232 276
Two-step loans 19
206 213
Total 4,330
5,093
Refer to Note 37 for details of related party transactions. b. Long-term portion
Scheduled principal payments as of March 31, 2014 are as follows:
Year Notes
Total 2015 2016 2017 2018 Thereafter
Bank loans 21
5,928 2,570 1,110
756 563
929 Bonds and notes
20 3,061
1,025 41
- - 1,995
Two-step loans 19
1,614 181
211 213
189 820
Obligations under finance leases 11 4,228
400 540
561 551 2,176
Total 14,831
4,176 1,902 1,530 1,303
5,920 19. TWO-STEP LOANS
Two-step loans are unsecured loans obtained by the Government which are then re-loaned to the Company. The loans entered into up to July 1994 were recorded and payable in rupiah based on the
exchange rate at the date of drawdown. Loans entered into after July 1994 are payable in their original currencies and any resulting foreign exchange gain or loss is borne by the Company.
March 31, 2014 December 31, 2013
Outstanding Outstanding
Original Original
currency Rupiah
currency Rupiah
Lenders Currency in millions
equivalent in millions equivalent
Overseas banks Yen
8,447 940
8,447 979
US 33
375 35
429 Rp
- 505
- 507
Total 1,820
1,915 Current maturities Note 18a
206 213
Long-term portion Note 18b 1,614
1,702 Interest
Interest Payment
payment rate
Lenders Currency schedule
period per annum
Overseas banks US
Semi-annually Semi-annually 4.00
Rp Semi-annually Semi-annually
6.79 Yen
Semi-annually Semi-annually 3.10
