PERUSAHAAN PERSEROAN PERSERO PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS For the three month periods Ended March 31, 2017 and 2016 unaudited
Figures in tables are expressed in billions of Rupiah, unless otherwise stated
60
18. CAPITAL STOCK
March 31, 2017 Description
Number of shares Percentage of
ownership Total paid-in
capital
Series A Dwiwarna share Government
1
Series B shares Government
51,602,353,559 52.09
2,580
The Bank of New York Mellon Corporation
6.600.041.280 6.67
330
Commissioners Note 1b: Hendri Saparini
414,157
Dolfie Othniel Fredric Palit
372,741
Hadiyanto
875,297
Directors Note 1b: Alex Janangkih Sinaga
920,349
Indra Utoyo
1,972,644
Honesti Basyir
1,945,644
Herdy Rosadi Harman
828,012
Abdus Somad Arief
828,314
Dian Rachmawan
888,854
Public individually less than 5
40.850.775.748 41.24
2,043
Total
99,062,216,600 100.00
4,953
Treasury stock Note 20
1,737,779,800 87
Total
100,799,996,400 100.00
5,040
December 31, 2016 Description
Number of shares Percentage of
ownership Total paid-in
capital
Series A Dwiwarna share Government
1
Series B shares Government
51,602,353,559 52.09
2,580
The Bank of New York Mellon Corporation
7,000,589,980 7.07
350
Commissioners Note 1b: Hendri Saparini
414,157
Dolfie Othniel Fredric Palit
372,741
Hadiyanto
875,297
Directors Note 1b: Alex Janangkih Sinaga
920,349
Indra Utoyo
1,972,644
Honesti Basyir
1,945,644
Herdy Rosadi Harman
828,012
Abdus Somad Arief
828,314
Dian Rachmawan
888,854
Public individually less than 5
40,450,227,048 40.84
2,023
Total
99,062,216,600 100.00
4,953
Treasury stock Note 20
1,737,779,800 87
Total
100,799,996,400 100.00
5,040
The Bank of New York Mellon Corporation serves as the Depositary of the registered ADS holders for the Company’s ADSs.
The Company issued only 1 Series A Dwiwarna share which is held by the Government and can not be transferred to any party, and has a veto in the General Meeting of Stockholders of the Company
with respect to election and removal from the Boards of Commissioners and Directors, issuance of new shares, and amendments of the Company’s Articles of Association.
PERUSAHAAN PERSEROAN PERSERO PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS For the three month periods Ended March 31, 2017 and 2016 unaudited
Figures in tables are expressed in billions of Rupiah, unless otherwise stated
61
19. ADDITIONAL PAID-IN CAPITAL March 31, 2017
December 31, 2016
Proceeds from sale of 933,333,000 shares in excess of par value through IPO in 1995
1,446 1,446
Excess of value over cost of selling 215,000,000 shares under the treasury stock plan phase II Note 20
576 576
Excess of value over cost of selling 211,290,500 shares under the treasury stock plan phase I Note 20
544 544
Difference in value arising from restructuring transactions between entities under common control
478 478
Excess of value over cost of treasury stock transferred to employee stock ownership program Note 20
228 228
Excess of value over cost of selling 22,363,000 shares under the treasury stock plan phase III Note 20
36 36
Excess of value over cost of selling 864,000,000 shares under the treasury stock plan phase IV Note 20
1,996 1,996
Capitalization into 746,666,640 Series B shares in 1999 373
373
Net 4,931
4,931
Difference in value arising from restructuring and other transactions of entities under common control amounting Rp478 billion arose from the early termination of the Company’s exclusive rights to provide
local and inter-local fixed line telecommunication services, for which the Company is required by the Government to use the funds received from this compensation for the development of
telecommunication infrastructure. As of March 31, 2017 and December 31, 2016, the accumulated development of the related infrastructure amounting to Rp537 billion, respectively.
20. TREASURY STOCK
Maximum Purchase Phase
Basis Period
Number of Shares Amount
I EGM
December 21, 2005 - June 20, 2007 1,007,999,964
Rp5,250 II
AGM June 29, 2007 - December 28, 2008
215,000,000 Rp2,000
III AGM
June 20, 2008 - December 20, 2009 339,443,313
Rp3,000 -
BAPEPAM - LK October 13, 2008 - January 12, 2009
4,031,999,856 Rp3,000
IV AGM
May 19, 2011 - November 20, 2012 645,161,290
Rp5,000
Movements in treasury stock as a result of the repurchase of shares are as follows:
March 31, 2017 December 31, 2016
Number of shares
Rp Number of
shares Rp
Beginning balance 1,737,779,800
1.72 2,541
2,601,779,800 2.58
3,804 Sale of treasury stock
- -
- 864,000,000
0.86 1,263
Ending balance 1,737,779,800
1.72 2,541
1,737,779,800 1.72
2,541