Others SIGNIFICANT COMMITMENTS AND AGREEMENTS continued b. Borrowings and other credit facilities
35. SIGNIFICANT COMMITMENTS AND AGREEMENTS continued c. Others continued
ii Radio Frequency Usage continued On July 6, 2015, Telkomsel received Decision Letter No.644 Year 2015 dated June 30, 2015, of the MoCI, which replaced Decision Letter No.42 Year 2014 dated January 29, 2014, the MoCI granted Telkomsel the rights to provide: i Mobile telecommunication services with radio frequency bandwidth in the 800 MHz, 900 MHz and 1800 MHz bands; ii Mobile telecommunication services IMT-2000 with radio frequency bandwidth in the 2.1 GHz bands 3G; and iii Basic telecommunication services. iii Future minimum lease payments under operating lease The Group entered into non-cancelable lease agreements with both third and related parties. The lease agreements cover leased lines, telecommunication equipment and land and building with terms ranging from 1 to 10 years and with expiry dates between 2016 and 2025. Periods maybe extended based on the agreement by both parties. Future minimum lease payments under the operating lease agreements as of September 30, 2016 are as follows: Total Less than 1 year 1-5years More than 5 years As lessor 2,670 1,030 1,637 3 As lessee 17,948 3,438 10,985 3,525 In connection with the restructuring of its fixed wireless business unit Note 35c.ii, the Company undertakes a negotiation to early terminate its operating lease agreements, and has recorded provisions for early termination amounted Rp666 billion which is presented as “Other expense”. The future minimum lease payments above includes lease agreements with telecommunication tower providers, which were used for its fixed wireless business unit. iv USO The MoCI issued Regulation No. 15PERM.KOMINFO92005 dated September 30, 2005, which sets forth the basic policies underlying the USO program and requires telecommunications operators in Indonesia to contribute 0.75 of their gross revenues with due consideration for bad debts and interconnection charges for USO development. Based on the Government’s Decree No. 72009 dated January 16, 2009 and Decree No.05PERM.KOMINFO22007 dated February 28, 2007, the contribution was changed to 1.25 of gross revenues, net of bad debts andor interconnection charges andor connection charges. Subsequently, in December 2012, Decree No. 05PERM.KOMINFO22007 was replaced by Decree No. 45 year 2012 of the MoCi which was effective from January 22, 2013. The latest Decree stipulates, among other things, the exclusion of certain revenues that are not considered as part of gross revenues as a basis to calculate the USO charged, and changed the payment period which was previously on a quarterly basis to become quarterly or semi- annually. PERUSAHAAN PERSEROAN PERSERO PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS As of September 30, 2016 and For the Nine-Month Period Then Ended unaudited Figures in tables are expressed in billions of rupiah, unless otherwise stated 10535. SIGNIFICANT COMMITMENTS AND AGREEMENTS continued c. Others continued
Parts
» FS English Q3 2016 FINAL ammend2
» GENERAL a. Establishment and general information
» Public offering of securities of the Company
» GENERAL continued c. Public offering of securities of the Company continued
» GENERAL continued FS English Q3 2016 FINAL ammend2
» GENERAL continued d. Subsidiaries continued
» Authorization for the issuance of the consolidated financial statements
» Principles of consolidation SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
» Transactions with related parties
» Prepaid expenses SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued h. Inventories
» Intangible assets SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued h. Inventories
» Leases SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued l.
» Borrowings SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued n. Deferred charges - land rights
» Revenue and expense recognition
» SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued s. Employee benefits continued
» Income tax SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued s. Employee benefits continued
» SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued u. Financial instruments
» SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued u. Financial instruments continued
» Dividends SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued u. Financial instruments continued
» Basic and diluted earnings per share and earnings per ADS
» Provision SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued u. Financial instruments continued
» CASH AND CASH EQUIVALENTS continued
» OTHER CURRENT FINANCIAL ASSETS
» TRADE AND OTHER RECEIVABLES continued
» INVENTORIES FS English Q3 2016 FINAL ammend2
» ADVANCES AND PREPAID EXPENSES September 30, LONG-TERM INVESTMENTS
» LONG-TERM INVESTMENTS continued FS English Q3 2016 FINAL ammend2
» LONG-TERM INVESTMENTS continued PROPERTY AND EQUIPMENT
» PROPERTY AND EQUIPMENT continued
» ADVANCES AND OTHER NON-CURRENT ASSETS continued
» ACCRUED EXPENSES September 30, FS English Q3 2016 FINAL ammend2
» UNEARNED INCOME FS English Q3 2016 FINAL ammend2
» SHORT-TERM BANK LOANS AN CURRENT MATURITIES OF LONG-TERM BORROWINGS continued
» SHORT-TERM BANK LOANS AND CURRENT MATURITIES OF LONG-TERM BORROWINGS continued
» LONG-TERM BORROWINGS continued FS English Q3 2016 FINAL ammend2
» LONG-TERM BORROWINGS continued LONG-TERM BORROWINGS continued
» Trade LONG-TERM BORROWINGS continued
» NON-CONTROLLING INTERESTS FS English Q3 2016 FINAL ammend2
» NON-CONTROLLING INTERESTS continued FS English Q3 2016 FINAL ammend2
» CAPITAL STOCK FS English Q3 2016 FINAL ammend2
» 2,541 2,601,779,800 3,804 ADDITIONAL PAID-IN CAPITAL September 30,
» TREASURY STOCK continued OTHER EQUITY September 30,
» REVENUES 2016 FS English Q3 2016 FINAL ammend2
» OPERATION, MAINTENANCE AND TELECOMMUNICATION SERVICE EXPENSES
» GENERAL AND ADMINISTRATIVE EXPENSES
» TAXATION continued FS English Q3 2016 FINAL ammend2
» CASH DIVIDENDS AND GENERAL RESERVE
» PENSION AND OTHER POST-EMPLOYMENT BENEFITS
» PENSION AND OTHER POST-EMPLOYMENT BENEFITS continued
» PENSION AND OTHER POST-EMPLOYMENT BENEFITS continued a. Pension benefit costs continued
» Rate of compensation increases
» Post-employment health care benefit provisions
» Obligation under the Labor Law provisions
» 5,010 2016 2,521 RELATED PARTY TRANSACTIONS continued b. Transactions with related parties
» 617 RELATED PARTY TRANSACTIONS continued b. Transactions with related parties continued
» 895 RELATED PARTY TRANSACTIONS continued b. Transactions with related parties continued
» 318 RELATED PARTY TRANSACTIONS continued b. Transactions with related parties continued
» Cash and cash equivalents Note 3
» Other current financial assets Note 4
» 1,104 Trade receivables - net Note 5 1,458
» 15 Trade receivables - net Note 5 1,458
» e. Advances and other non- 6
» Indosat Trade payables Note 12
» Sub-total Trade payables Note 12
» Bangtelindo Trade payables Note 12
» Entities under common control
» State-owned banks Accrued expenses Note 13
» 19 i. Advances from customers and suppliers
» BNI Advances from customers and suppliers
» Total Two-step loans Note 16a
» 1,520 RELATED PARTY TRANSACTIONS continued b. Transactions with related parties continued
» k. Long-term bank loans - net Note 16c
» BRI RELATED PARTY TRANSACTIONS continued b. Transactions with related parties continued
» Total Significant agreements with related parties
» RELATED PARTY TRANSACTIONS continued c. Significant agreements with related parties
» RELATED PARTY TRANSACTIONS continued d. Key management personnel remuneration
» OPERATING SEGMENT FS English Q3 2016 FINAL ammend2
» Fixed line telephone tariffs
» Mobile cellular telephone tariffs
» OPERATING SEGMENT continued SIGNIFICANT COMMITMENTS AND AGREEMENTS
» SIGNIFICANT COMMITMENTS AND AGREEMENTS continued
» SIGNIFICANT COMMITMENTS AND AGREEMENTS continued a. Capital expenditures continued
» Others SIGNIFICANT COMMITMENTS AND AGREEMENTS continued b. Borrowings and other credit facilities
» SIGNIFICANT COMMITMENTS AND AGREEMENTS continued c. Others continued
» CONTINGENCIES FS English Q3 2016 FINAL ammend2
» CONTINGENCIES continued ASSETS AND LIABILITIES DENOMINATED IN FOREIGN CURRENCIES
» ASSETS AND LIABILITIES DENOMINATED IN FOREIGN CURRENCIES continued FINANCIAL RISK MANAGEMENT
» FINANCIAL RISK MANAGEMENT continued
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