PERUSAHAAN PERSEROAN PERSERO PT TELEKOMUNIKASI INDONESIA Tbk AND ITS SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS As of December 31, 2016 and for the Year Then Ended
Figures in tables are expressed in billions of Rupiah, unless otherwise stated Table of Content
8. LONG-TERM INVESTMENTS continued
b
Indonusa had been a subsidiary of the Company until 2013 when the Company disposed 80 of its interest in Indonusa. On May 14, 2014, based on the Circular Resolution of the Stockholders of Indonusaas covered by notarial deed No. 57 dated
April 23, 2014 of FX Budi Santoso Isbandi, S.H., which was approved by the MoLHR in its LetterNo. AHU-02078.40.20.2014 dated April 29, 2014, Indonusa’s stockholders approved an increase in its issued and fully paid capital by Rp80 billion. The
Company has waived its right to own the new shares issued and transferred it to Metra and, as a result, Metra’s ownership in Indonusa increased to 4.33.
c
Investment in Teltranet is accounted for under the equity method, which covered byan agreement between Metra and Telstra Holding Singapore Pte. Ltd. dated August 29, 2014. Teltranet is engaged in communication system services. Metra does not
have control as it does not determinethe financial and operating policies of Teltranet.
d
Melon previously was an associate. In 2016, the Company purchased Melon 52 stake through Metranet, thus becoming a consolidated subsidiary Note 1d.
e
ILCS is engaged in providing E-trade logistic services and other related services.
f
Telin Malaysia is engaged in telecommunication services in Malaysia.
g
CSM is engaged in providing Very Small Aperture Terminal “VSAT”, network application services and consulting services on telecommunications technology and related facilities. The unrecognized share of losses of CSM for the year ended
December 31, 2016 dan 2015amounting to Rp219 billion and Rp215 billion, respectively.
9. PROPERTY AND EQUIPMENT
January 1, 2016
Acquisition Additions
Deductions Reclassifications
Translations December 31, 2016
At cost:
Directly acquired assets
Land rights 1,270
89 59
1 -
1,417 Buildings
6,033 10
311 3
1,486 7,837
Leasehold improvements 1,036
- 13
37 104
1,116 Switching equipment
19,823 -
218 160
609 20,490
Telegraph, telex and data communication equipment
876 -
751 41
- 1,586
Transmission installation and equipment
119,047 -
2,603 11,319
11,221 121,552
Satellite, earth station and equipment
8,146 -
80 -
219 8,445
Cable network 37,887
- 6,746
302 460
44,791 Power supply
13,822 -
161 77
1,116 15,022
Data processing equipment 11,351
12 318
82 916
12,515 Other telecommunications
peripherals 632
- 73
- 5
700 Office equipment
1,062 5
139 12
259 1,453
Vehicles 475
- 60
147 1
387 Other equipment
99 -
1 -
- 100
Property under construction 4,580
- 17,169
- 17,199
4,550
Assets under finance lease
Transmission installation and equipment
5,940 -
229 815
- 5,354
Data processing equipment 63
- 77
56 -
84 Vehicles
94 -
63 22
- 135
Office equipment 73
- 3
- -
76 CPE assets
22 -
- -
- 22
Power supply 90
- 125
- -
215 RSA assets
252 -
- -
- 252
Total 232,673
116 29,199
13,074 815
248,099
January 1, 2016
Acquisition Additions
Deductions Reclassifications
Translations December 31, 2016
Accumulated depreciation and impairment losses:
Directly acquired assets
Buildings 2,141
- 290
2 6
2,435 Leasehold improvements
623 -
106 37
- 692
Switching equipment 15,223
- 1,588
160 1
16,650 Telegraph, telex and data
communication equipment 4
- 329
- -
333 Transmission installation and
equipment 63,063
- 9,957
10,686 32
62,302 Satellite, earth station and
equipment 6,706
- 415
- 23
7,098 Cable network
19,524 -
1,534 302
455 20,301
Power supply 9,114
- 1,145
70 25
10,164 Data processing equipment
8,503 -
1,067 62
40 9,468
Other telecommunications peripherals
385 -
77 -
1 461
Office equipment 713
- 141
11 3
846 Vehicles
166 -
69 66
1 168
Other equipment 99
- -
- -
99
Assets unde finance lease
Transmission installation and equipment
2,327 -
542 815
- 2,054
Data processing equipment 53
- 47
56 -
44 Vehicles
13 -
19 -
- 32
Office equipment 51
- 43
- -
94 CPE assets
17 -
2 -
- 19
Power supply 18
- 80
- -
98 RSA assets
230 -
13 -
- 243
Total 128,973
- 17,464
12,267 569
133,601 Net Book Value
103,700 114,498
PERUSAHAAN PERSEROAN PERSERO PT TELEKOMUNIKASI INDONESIA Tbk AND ITS SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS As of December 31, 2016 and for the Year Then Ended
Figures in tables are expressed in billions of Rupiah, unless otherwise stated Table of Content
9. PROPERTY AND EQUIPMENT continued