PERUSAHAAN PERSEROAN PERSERO PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS As of June 30, 2017 and For the Six Months Period Then Ended unaudited
Figures in tables are expressed in billions of Rupiah, unless otherwise stated
50
15. SHORT-TERM BANK LOANS AND CURRENT MATURITIES OF LONG-TERM BORROWINGS
a. Short-term bank loans
June 30, 2017 December 31, 2016
Outstanding Outstanding
Lenders Currency
Original currency in millions
Rupiah equivalent
Original currency in millions
Rupiah equivalent
Related party BNI
Rp -
824 -
143 Third parties
UOB Rp
- 400
- 269
Bank CIMB Niaga Rp
- 85
- 143
PT Bank DBS Indonesia Rp
- 243
- 95
SCB Rp
- 39
- 90
PT Bank Danamon Indonesia, Tbk “Danamon”
Rp -
150 -
60 Others
Rp -
40 -
111 Sub-total
957 768
Total 1,781
911
Other significant information relating to short-term bank loans as of June 30, 2017 is as follows:
Borrower Currency
Total facility in billions
Maturity date Interest
payment period
Interest rate per annum
Security UOB
November 22, 2013 Infomedia
Rp 200 November 22, 2017
Monthly 11.5-12 Trade receivables
Note 5 December 20, 2016
Finnet Rp
400 December 21, 2018 Monthly
1 month JIBOR+
2.25 None
Bank CIMB Niaga
April 28, 2013
a
GSD Rp
85 January 1, 2018
c
Monthly 10.9-11.5 Trade receivables
Note 5 and property and
equipment Note 9
BNI
October 31, 2016 Telkom Infra
Rp 44 October 31, 2017
Monthly 1 month
JIBOR+3.35 Trade receivables
Note 5 December 31, 2016
Telkom Infra Rp
101 November 30, 2017 Monthly
1 month JIBOR+3.35
Trade receivables Note 5
November 28, 2012
b
Metra Rp
150 May 14, 2018
Monthly 1 month
JIBOR+2.95 None
March 13, 2013
c
Sigma Rp
350 January 9, 2018
Monthly 1 month
JIBOR+3.00 Property and
equipment Note 9 and
Trade receivables Note 5
May 26, 2017 Infomedia
Rp 380
May 26, 2018 Monthly
10.88 None
PT. Bank DBS Indonesia
April 12, 2016 Sigma
b
USD 0.02
July 31, 2017 Semi-annually 3.25 USD 10.75 IDR
Trade receivables Note 5
Danamon
December 15, 2016 Infomedia
Rp 150 December 15, 2017
Monthly 11-12 Trade receivables
Note 5
SCB
June 26, 2015 GSD
Rp 39 December 30, 2017
c
Monthly 10.5
None
The credit facilities were obtained by the Company’s subsidiaries for working capital purposes.
a
Based on the latest amendment dated November 11, 2014.
b
Facility in USD. Withdrawal can be executed in USD and IDR.
c
Unsettled loan will be automatically extended.
PERUSAHAAN PERSEROAN PERSERO PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS As of June 30, 2017 and For the Six Months Period Then Ended unaudited
Figures in tables are expressed in billions of Rupiah, unless otherwise stated
51
15. SHORT-TERM BANK LOANS AND CURRENT MATURITIES OF LONG-TERM BORROWINGS continued
b. Current maturities of long-term borrowings
Notes June 30, 2017 December 31, 2016
Two-step loans 16a
224 225
Bonds and notes 16b
- 1
Bank loans 16c
3.606 3,637
Obligations under finance leases 9c.xii
691 658
Total 4,521
4,521 16. LONG-TERM LOANS AND OTHER BORROWINGS
Notes June 30, 2017
December 31, 2016
Two-step loans 16a
979 1,067
Bonds and notes 16b
8,982 9,322
Bank loans 16c
13,943 11,929
Other borrowings 16d
1,295 697
Obligations under finance leases 9c.xii
3,168 3,352
Total 28,367
26,367
Scheduled principal payments as of March 31, 2017 are as follows:
Year Notes
Total 2018
2019 2020
2021 Thereafter
Two-step loans 16a
979 93
185 186
169 346
Bonds and notes 16b
8,982 -
- 1,995
- 6,987
Bank loans 16c
13,943 1,730
3,646 3,761
1,657 3,149
Other borrowings 16d
1,295 99
199 199
199 599
Obligations under finance leases
9c.xii 3,168
346 639
646 661
876
Total 28,367
2,268 4,669
6,787 2,686
11,957
a. Two-step loans Two-step loans are unsecured loans obtained by the Government from overseas banks which are
then re-loaned to the Company. Loans obtained up to July 1994 are payable in rupiah based on the exchange rate at the date of drawdown. Loans obtained after July 1994 are payable in their original
currencies and any resulting foreign exchange gain or loss is borne by the Company.
June 30, 2017 December 31, 2016
Outstanding Outstanding
Lenders Currency
Original currency
in millions Rupiah
equivalent Original
currency in millions
Rupiah equivalent
Overseas banks Yen
5,759 691
6,143 707
US 20
262 22
295 Rp
- 250
- 290
Total 1,203
1,292 Current maturities Note 15b
224 225
Long-term portion 979
1,067
