PERSONNEL EXPENSES FS Telkom 31 Des 2015 English FINAL

PERUSAHAAN PERSEROAN PERSERO PT TELEKOMUNIKASI INDONESIA Tbk AND ITS SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS As of December 31, 2015 and for the Year Then Ended Figures in tables are expressed in billions of Rupiah, unless otherwise stated 83

30. TAXATION continued

d. The components of income tax expense benefit are as follows: 2014 2015 As restated Current The Company 201 822 Subsidiaries 8,164 6,794 8,365 7,616 Deferred The Company 38 174 Subsidiaries 302 103 340 277 8,025 7,339 The reconciliation between the income tax expense calculated by applying the applicable tax rate of 20 to the profit before income tax less income subject to final tax, and the net income tax expense as shown in the consolidated statement of profit or loss and other comprehensive income is as follows: 2014 2015 As restated Profit before income tax 31,342 28,613 Less income subject to final - net 1,531 2,334 29,811 26,279 Tax calculated at the Company PERUSAHAAN PERSEROAN PERSERO PT TELEKOMUNIKASI INDONESIA Tbk AND ITS SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS As of December 31, 2015 and for the Year Then Ended Figures in tables are expressed in billions of Rupiah, unless otherwise stated 84

30. TAXATION continued

d. The components of income tax expense benefit are as follows: continued The reconciliation between the profit before income tax and the estimated taxable income of the Company for the year ended December 31, 2015 and 2014 is as follows: 2014 2015 As restated Profit before income tax 31,342 28,613 Add back consolidation eliminations 15,553 13,110 Consolidated profit before income tax and eliminations 46,895 41,723 Less: profit before income tax of the subsidiaries 31,007 26,309 Profit before income tax attributable to the Company 15,888 15,414 Less: income subject to final tax 591 622 15,297 14,792 Temporary differences: Provision for onerous contracts 547 - Finance leases 231 64 Provision for personnel expenses 127 342 Valuation of fair value of put option and long-term investment 117 8 Net periodic pension and other post-retirement benefits costs 12 370 Provision for impairment of assets - 805 Depreciation and gain on sale of property and equipment 948 574 Provision for incentives to subscribers