Obligation under the Labor Law provisions
PERUSAHAAN PERSEROAN PERSERO PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS As of June 30, 2016 and For the Six Months Period Then Ended unaudited
Figures in tables are expressed in billions of rupiah, unless otherwise stated
94
32. RELATED PARTY TRANSACTIONS a. Nature of relationships and accountstransactions with related parties
Details of the nature of relationships and accountstransactions with significant related parties are as follows:
Nature of Related parties
relationships parties Nature of accountstransactions
The Government Majority stockholder
Internet and data revenue, other Ministry of Finance
telecommunication service revenue, finance income, finance costs, investment in
financial instruments State-owned enterprises
Entity under common control Internet and data revenue, other
telecommunication services revenue, operating expenses,
purchase of property and equipment, construction and installation
services, insurance expenses, finance income, finance costs, investment in financial
instruments, insurance for property and equipment, insurance for employees,
electricity expenses and cost of SIM cards Indosat
Entity under common control Interconnection revenue, network lease
revenue, satellite transponder usage revenue, interconnection expenses, telecommunication
facilities usage expenses, operating and maintenance
expenses, usage
of data
communication network system expenses PT Aplikanusa Lintasarta
Entity under common control Interconnection revenue, network revenue,
“Lintasarta” leased lines expenses, and usage of
communication network system expenses Indosat Mega Media
Entity under common control Network revenues
PT Perusahaan Listrik Entity under common control
Electricity expenses, finance costs, Negara “PLN”
investment in financial instrument. PT Pertamina Persero
Entity under common control Internet and data revenue,
“Pertamina” other telecommunication service revenue
PT Kereta Api Entity under common control
Internet and data revenue, Indonesia “KAI”
other telecommunication service revenue PT Pegadaian
Entity under common control Internet and data revenue,
other telecommunication service revenue PT Garuda Indonesia
Entity under common control Internet and data revenue,
other telecommunication service revenue PT Indonesia Comnet
Entity under common control Internet and data revenue,
Plus “ICON Plus” other telecommunication service revenue,
interconnection revenue Badan Penyelenggara
Entity under common control Internet and data revenue,
Jaminan Sosial “BPJS” other telecommunication service revenue
PT Asuransi Jasa Indonesia Entity under common control
Satellite insurance expense, vehicle insurance “Jasindo”
expense PT Adhi Karya Tbk
Entity under common control Purchase of materials and construction
“ Adhi Karya
” services
PT Waskita Karya Tbk Entity under common control
Purchase of materials and construction “
Waskita ”
services INTI
Entity under common control Purchase of property and equipment
LEN Entity under common control
Purchase of property and equipment State-owned banks
Entity under common control Finance income and finance costs
BNI Entity under common control
Internet and data revenue, other telecommunication service revenue,
finance income and finance costs
PERUSAHAAN PERSEROAN PERSERO PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS As of June 30, 2016 and For the Six Months Period Then Ended unaudited
Figures in tables are expressed in billions of rupiah, unless otherwise stated
95
32. RELATED PARTY TRANSACTIONS continued a. Nature of relationships and accountstransactions with related parties continued
Details of the nature of relationships and accountstransactions with significant related parties are as follows continued:
Nature of Related parties
relationships parties Nature of accountstransactions
Bank Mandiri Entity under common control
Internet and data revenue, other telecommunication service revenue,
finance income and finance costs BRI
Entity under common control Internet and data revenue,
other telecommunication service revenue, finance income and finance costs
BTN Entity under common control
Internet and data revenue, other telecommunication service revenue,
finance income and finance costs PT Bank Syariah Mandiri
Entity under common control Internet and data revenue,
“BSM” other telecommunication service revenue,
and finance costs PT Bank BRI Syariah
Entity under common control Internet and data revenue,
“BRI Syariah” other telecommunication service revenue,
and finance costs Bahana
Entity under common control Available-for-sale financial assets, bonds
and notes CSM
Associated company Satelite transponder usage revenue, network
revenue and transmission lease expenses PT Poin Multi Media Nusantara
Associated company Purchases of handset
“POIN” Yakes
Entity under significant influence
Medical expense Koperasi Pegawai Telkom
Entity under significant Purchase of property and equipment
“Kopegtel” influence
development and instalation, lease of building Expenses, lease of vehicles, purchase of cars,
and purchase of materials and construction service, maintenance and cleaning service
expenses, and sahring profit of PBH PT Sandhy Putra Makmur
Entity under significant Leases of buildings, leases of vehicles,
“SPM” influence
purchase of materials and construction services, maintenance and cleaning
service expenses Koperasi Pegawai Telkomsel
Entity under significant Internet and data revenue, other
“Kisel influence
telecommunication service revenue, leases of vehicles, printing and distribution
of customer bills expenses, collection fee, and other services fee, distribution of SIM cards
and pulse reload voucher, purchase of property
and equipment PT Graha Informatika
Entity under significant Interconnection revenue, installation expense,
Nusantara “Gratika” influence
maintenance expense, and purchase of property and equipment
PT Pembangunan Telekomunikasi Entity under significant
Purchase of property and equipment Indonesia “Bangtelindo”
influence Directors and commissioners
Key management personnel Honorarium and facilities
On September 18, 2014, PINs acquire 25 ownership of Tiphone Note 8. POIN is a subsidiary of Tiphone
Total balance of accounts receivable and accounts payable at the end of the year free of interest and its completion would occur in the form of cash. There are no guarantees provided or received
for any accounts receivable and payable with related parties. In 2015, the Group recorded an impairment of receivables from related parties amounted to Rp280 billion. This assessment is
conducted every year to assess the present status of existing receivables and historical collection of accounts receivable ago.