PERUSAHAAN PERSEROAN PERSERO PT TELEKOMUNIKASI INDONESIA Tbk AND ITS SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS As of December 31, 2015 and for the Year Then Ended
Figures in tables are expressed in billions of Rupiah, unless otherwise stated
90
30. TAXATION continued
h. Administration From 2008 to 2015, the Company has been consecutively entitled to income tax rate reduction of
5 for meeting the requirements in accordance with the Government Regulation No. 812007 in conjunction with the Ministry of Finance Regulation No. 238PMK.032008. On the basis of
historical data, for the year ended December 31, 2015, the Company calculates the deferred tax using the tax rate of 20.
The taxation laws of Indonesia require that the Company and its local subsidiaries to submit individual tax returns on the basis of self-assessment. Under prevailing regulations, the DGT may
assess or amend taxes within a certain period. For fiscal years 2007 and earlier, the period is within ten years of the time the tax became due, but not later than 2013, while for fiscal years
2008 and onwards, the period is within five years of the time the tax became due.
The Minister of Finance of the Republic of Indonesia has issued Regulation No.85PMK.032012 dated June 6, 2012 concerning the appointment of State-Owned Enterprises SOEs to withhold,
deposit and report VAT and Sales Tax on Luxury Goods PPnBM according to the procedures outlined in the Regulation which is effective from July 1, 2012. The Minister of Finance of the
Republic Indonesia also has issued Regulation No.224PMK.0112012 dated December 26, 2012 concerning the appointment of SOEs to withhold income tax article 22 which is effective from
February 23, 2013. The Company has withheld, deposited, and reported the VAT and PPnBM or VAT and also income tax article 22 in accordance with the Regulation.
The Company received a letter from the Large Tax Office Four
No. Pemb-00 427 WPJ.19 KP.0405 RIK.SIS 2015 dated June 29, 2015 regarding the notice of field examination for the tax
period January to December 2014. The Company received a certificate of tax audit exemption
from the DGT for fiscal years 2010 and 2012 which is valid unless the Company files for corporate income tax overpayment, in which case a tax audit will be performed. As of the date of approval
and authorization of these consolidated financial statements, there is no tax audit performed for
fiscal years 2010, 2012, and 2013.
31. BASIC AND DILUTED EARNINGS PER SHARE
Basic earnings per share is computed by dividing profit for the year attributable to owners of the parent company amounting to Rp15,489 billion and Rp14,471 billion by the weighted average number of
shares outstanding during the period totaling 98,176,527,553 shares and 97,695,785,107 shares after stock split for the years ended December 31, 2015 and 2014, respectively. The weighted average
number of shares takes into account the weighted average effect of changes in treasury stock transaction during the year.
Basic earnings per share amounting to Rp157.77 and Rp148.13 in full amount for the years ended December 31, 2015 and 2014, respectively.
The Company does not have potentially dilutive financial investments as of December 31, 2015 and 2014.
PERUSAHAAN PERSEROAN PERSERO PT TELEKOMUNIKASI INDONESIA Tbk AND ITS SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS As of December 31, 2015 and for the Year Then Ended
Figures in tables are expressed in billions of Rupiah, unless otherwise stated
91
32. CASH DIVIDENDS AND GENERAL RESERVE
Pursuant to the AGM of Stockholders of the Company as stated in notarial deed No. 4 dated April 4, 2014 of Ashoya Ratam, S.H., MKn., the Company
