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
35. CONTINGENCIES continued
b. On May 20, 2013, the Company filed an appeal to the Makassar High Court, objecting to the District Court’s rulling. In December 2013, the Makassar High Court pronounced its verdict that
was favorable to the plaintiffs and the Company filed an appeal to the SC. On January 9, 2015, the Company received the SC Notice No. 226Pdt.G2012PN.Mks,regarding
the case which rejected the Company’s appeal. On February 5, 2015, the Company requested for a judicial review of the case by the SC.
On December 16, 2015, through its letter No. 336 PKPdt2015, the SC decided on the case in favor of the Company.
36. ASSETS AND LIABILITIES DENOMINATED IN FOREIGN CURRENCIES
Assets and liabilities denominated in foreign currencies are as follows:
2016
U.S. dollar in millions
Japanese yen in millions
Others in millions
Rupiah equivalent
in billions Assets
Cash and cash equivalents 204.34
5.99 20.94
3,032 Other current financial assets
8.81 -
0.35 122
Trade receivables Related parties
- Third parties
106.70 -
3.88 1,488
Other receivables 0.44
- 0.10
7 Advances and other non-current assets
4.09 -
- 56
Total assets 324.38
5.99 25.27
4,705
Liabilities
Trade payables Related parties
0.18 -
0.01 2
Third parties 163.09
4.83 6.21
2,246 Other payables
5.40 -
1.18 88
Accrued expenses 27.99
20.96 0.18
381 Advances from customers and suppliers
0.48 -
- 7
Current maturities of long-term liabilities 10.88
767.90 -
235 Promissory notes
0.10 -
- 1
Long-term liabilities - net of current maturities 64.14
5,375.28 -
1,482 Total liabilities
272.26 6,168.97
7.58 4,442
Assets liabilities - net 52.12
6,162.98 17.69
263
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
36. ASSETS AND LIABILITIES DENOMINATED IN FOREIGN CURRENCIES continued
2015
U.S. dollar in millions
Japanese yen in millions
Others in millions
Rupiah equivalent
in billions Assets
Cash and cash equivalents 494.19
11.37 10.34
6,957 Other current financial assets
30.37 -
1.02 433
Trade receivables Related parties
1.69 -
- 23
Third parties 104.19
- 1.18
1,453 Other receivables
0.40 -
0.10 7
Advances and other non-current assets 3.88
- -
54 Total assets
634.72 11.37
12.64 8,927
Liabilities
Trade payables Related parties
0.42 -
- 6
Third parties 202.04
10.73 2.39
2,819 Other payables
22.26 -
1.65 330
Accrued expenses 34.45
25.45 0.18
481 Advances from customers and suppliers
0.48 -
- 7
Current maturities of long-term liabilities 12.04
767.90 -
254 Promissory notes
1.99 -
- 28
Long-term liabilities - net of current maturities 187.48
6,143.18 -
3,290 Total liabilities
461.16 6,947.26
4.22 7,215
Assets liabilities - net 173.56
6,935.89 8.42
1,712
Assets and liabilities denominated in other foreign currencies are presented as U.S. dollar equivalents using the buy and sell rates quoted by Reuters prevailing at the end of the reporting period.
The Group’s activities expose them to a variety of financial risks, including the effects of changes in debt and equity market prices, foreign currency exchange rates, and interest rates.
If the Group reports monetary assets and liabilities in foreign currencies as of December 31, 2016 using the exchange rates onMarch 2, 2017, the unrealized foreign exchange lossamounted to Rp22
billion.
37. FINANCIAL RISK MANAGEMENT