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
16. LONG-TERM LOANS AND OTHER BORROWINGS continued
c. Bank loans continued
c
Based on the latest amendment on January 12, 2015.
d
Based on the latest amendment on September 22, 2014.
e
In connection with the agreement with NEC Corporation Consortium and TE SubCom, the Company entered into a loan agreement with JBIC, for the procurement of goods and services from NEC Corporation Consortium and TE SubCom for
the Southeast Asia Japan Cable System project. The facilities consist of facilities A and B amounting to US18.8 million and US12.5 million, respectively.
f
MD Media’s subsidiary.
g
Based on the latest amendment on July 13, 2015.
h
On March13, 2015, the Company, GSD, Metra and Infomedia entered into several credit facilities agreements withPT Bank Sumitomo Mitsui Indonesia, The Bank of Tokyo - Mitsubishi UFJ, Ltd., PT Bank ANZ Indonesia and syndication of banks
BCA and BNI amounting to Rp750 billion, Rp750 billion, Rp500 billion, and Rp3,000 billion, respectively. As of December 31, 2016 the unused facilities for PT Bank Sumitomo Mitsui Indonesia, The Bank of Tokyo – Mitsubishi UFJ, Ltd., PT Bank
ANZ Indonesia amounted to Rp82.5 billion, Rp82.5 billion and Rp250.5billion, respectively.
i
Based on the latest amendment on November 14, 2016.
d. Other borrowing
Borrower Currency Total facility
in billions Current period
payment in billions
Principal payment
schedule Interest
payment period
Interest rate per annum
Security PT Sarana
Mukti Infrastruktu
r
October 12, 2016
DMT Rp
700 -
Semi- annually
2017-2025 Quarterly
3 months JIBOR+2.20
Property and equipment
Note 9
Under the agreement, DMT is required to comply with all covenants or restrictions, including maintaining financial ratios as follows :
1. Debt to equity ratio should not exceed 5:1 2. Net debtto EBITDA ratio should not exceed 4:1
3. Minimal Debt service coverageis 100 As of December 31, 2016, DMT has complied with the above-mentioned ratios.
17. NON-CONTROLLING INTERESTS
The details of non-controlling interests are as follows:
2016 2015
Non-controlling interests in net assets of subsidiaries: Telkomsel
20,778 18,024
GSD 141
137 Metra
208 95
TII 33
36
Total 21,160
18,292 2016
2015
Non-controlling interests in netcomprehensiveincome loss of subsidiaries: Telkomsel
9,790 7,818
Metra 40
5 TII
3 2
GSD 5
7
Total 9,742
7,818
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
17. NON-CONTROLLING INTERESTS continued
