TREASURY STOCK continued OTHER EQUITY 2016
26. TAXATION continued
c. Taxes payable continued Subsidiaries Income taxes Article 4 2 - Final tax 63 54 Article 21 - Individual income tax 121 113 Article 22 - Withholding tax on goods delivery and imports 2 1 Article 23 - Withholding tax on services 93 102 Article 25 - Installment of corporate income tax 136 237 Article 26 - Withholding tax on non-resident income 16 9 Article 29 - Corporate income tax 1,100 1,548 VAT 776 681 2,307 2,745 Total Taxes Payable 2,954 3,273 d. The components of income tax expense benefit are as follows: 2016 2015 Current The Company 671 201 Subsidiaries 10,067 8,164 10,738 8,365 Deferred The Company 844 38 Subsidiaries 877 302 1,721 340 Net income tax expense 9,017 8,025 The reconciliation between the income tax expense calculated by applying the applicable tax rate of 20 to the profit before income tax less income subject to final tax, and the net income tax expense as shown in the consolidated statements of profit or loss and other comprehensive income is as follows: 2016 2015 Profit before income tax 38,189 31,342 Less: income subject to final tax - net 1,684 1,531 36,505 29,811 Income tax expense calculated at the Company’s applicable statutory tax rate of 20 7,301 5,962 Difference in applicable statutory tax rate for subsidiaries 1,904 1,511 Non-deductible expenses 491 322 Final income tax expense 345 111 Deffered tax assets that cannot be utilized - net 56 - Deffered tax assets on fixed asset revaluation for tax purpose 1,415 - Others 335 119 Net income tax expense - net 9,017 8,025 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 6926. TAXATION continued
d. The components of income tax expense benefit are as follows continued: The reconciliation between the profit before income tax and the estimated taxable income of the Company for the year ended December 31, 2016 and 2015 is as follows: 2016 2015 Profit before income tax 38,189 31,342 Add back consolidation eliminations 24,613 15,553 Consolidated profit before income tax and eliminations 62,802 46,895 Less: profit before income tax of the subsidiaries 40,166 31,007 Profit before income tax attributable to the Company 22,636 15,888 Less: income subject to final tax 670 591 21,966 15,297 Temporary differences: Provision for personnel expenses 560 127 Net periodic pension and other post-retirement benefits costs 513 12 Valuation of fair value of put option and long-term investment 172 117 Deferred installation fee 50 33 Provision for incentive to subscribers ’ migration - 209 Depreciation and gain on sale of property and equipment 1,880 948 Provision for impairment of assets 1,186 - Provision for onerous contracts 547 547 Finance leases 337 231 Provision for impairment and trade receivables written-off 43 206 Other provisions 106 296 Net temporary differences 2,804 66 Permanent differences: Tax penalties 640 29 Trade receivables written-off 590 - Employee benefits 302 232 Net periodic post-retirement health care benefit costs 163 216 Donations 162 175 Equity in net income of associates and subsidiaries 19,445 15,590 Others 129 258 Net permanent differences 17,459 14,680 Taxable income of the Company 1,703 551 Current corporate income tax expense 340 110 Final income tax expense 331 91 Total current income tax expense of the Company 671 201 Current income tax expense of the subsidiaries 10,067 8,164 Total current income tax expense 10,738 8,365Parts
» FS English YE 2016 Audited PT Telekomunikasi Indonesia Tbk
» GENERAL a. Establishment and general information
» GENERAL continued a. Establishment and general information continued
» GENERAL continued b. FS English YE 2016 Audited PT Telekomunikasi Indonesia Tbk
» Public offering of securities of the Company
» GENERAL continued c. Public offering of securities of the Company continued
» GENERAL continued FS English YE 2016 Audited PT Telekomunikasi Indonesia Tbk
» GENERAL continued d. Subsidiaries continued
» Authorization for the issuance of the consolidated financial statements
» Basis of preparation of financial statements
» Basis of preparation of financial statements continued
» Principles of consolidation SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
» Transactions with related parties
» SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued
» Prepaid expenses SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued h. Inventories
» Intangible assets SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued h. Inventories
» Leases SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued l.
» Borrowings SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued n. Deferred charges - land rights
» Revenue and expense recognition
» SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued s. Employee benefits continued
» Income tax SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued s. Employee benefits continued
» SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued u. Financial instruments
» SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued u. Financial instruments continued
» Basic and diluted earnings per share and earnings per ADS Segment information
» SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued z. Provision
» CASH AND CASH EQUIVALENTS continued
» OTHER CURRENT FINANCIAL ASSETS
» TRADE RECEIVABLES FS English YE 2016 Audited PT Telekomunikasi Indonesia Tbk
» TRADE RECEIVABLES continued FS English YE 2016 Audited PT Telekomunikasi Indonesia Tbk
» INVENTORIES 2016 FS English YE 2016 Audited PT Telekomunikasi Indonesia Tbk
» ADVANCES AND PREPAID EXPENSES 2016
» LONG-TERM INVESTMENTS FS English YE 2016 Audited PT Telekomunikasi Indonesia Tbk
» LONG-TERM INVESTMENTS continued FS English YE 2016 Audited PT Telekomunikasi Indonesia Tbk
» LONG-TERM INVESTMENTS continued PROPERTY AND EQUIPMENT
» PROPERTY AND EQUIPMENT continued
» ADVANCES AND OTHER NON-CURRENT ASSETS continued
» TRADE PAYABLES 2016 FS English YE 2016 Audited PT Telekomunikasi Indonesia Tbk
» ACCRUED EXPENSES 2016 FS English YE 2016 Audited PT Telekomunikasi Indonesia Tbk
» SHORT-TERM BANK LOANS AND CURRENT MATURITIES OF LONG-TERM BORROWINGS
» SHORT-TERM BANK LOANS AND CURRENT MATURITIES OF LONG-TERM BORROWINGS continued
» US Rp LONG-TERM LOANS AND OTHER BORROWINGS continued
» LONG-TERM LOANS AND OTHER BORROWINGS continued
» Property and LONG-TERM LOANS AND OTHER BORROWINGS continued
» NON-CONTROLLING INTERESTS FS English YE 2016 Audited PT Telekomunikasi Indonesia Tbk
» NON-CONTROLLING INTERESTS continued FS English YE 2016 Audited PT Telekomunikasi Indonesia Tbk
» CAPITAL STOCK FS English YE 2016 Audited PT Telekomunikasi Indonesia Tbk
» TREASURY STOCK continued OTHER EQUITY 2016
» REVENUES 2016 FS English YE 2016 Audited PT Telekomunikasi Indonesia Tbk
» PERSONNEL EXPENSES FS English YE 2016 Audited PT Telekomunikasi Indonesia Tbk
» OPERATION, MAINTENANCE AND TELECOMMUNICATION SERVICE EXPENSES
» GENERAL AND ADMINISTRATIVE EXPENSES
» TAXATION FS English YE 2016 Audited PT Telekomunikasi Indonesia Tbk
» TAXATION continued FS English YE 2016 Audited PT Telekomunikasi Indonesia Tbk
» TAXATION continued BASIC AND DILUTED EARNINGS PER SHARE
» CASH DIVIDENDS AND GENERAL RESERVE PENSION AND OTHER POST-EMPLOYMENT BENEFITS
» PENSION AND OTHER POST-EMPLOYMENT BENEFITS continued
» PENSION AND OTHER POST-EMPLOYMENT BENEFITS continued a. Pension benefit costs continued
» Other post-employment benefits provisions
» Obligation under the Labor Law
» Sensitivity Analysis PENSION AND OTHER POST-EMPLOYMENT BENEFITS continued e.
» 2,644 2016 RELATED PARTY TRANSACTIONS continued b. Transactions with related parties
» 4,910 2016 RELATED PARTY TRANSACTIONS continued b. Transactions with related parties continued
» 845 2016 RELATED PARTY TRANSACTIONS continued b. Transactions with related parties continued
» 1,137 2016 RELATED PARTY TRANSACTIONS continued b. Transactions with related parties continued
» 875 RELATED PARTY TRANSACTIONS continued b. Transactions with related parties continued
» 4,250 2016 RELATED PARTY TRANSACTIONS continued b. Transactions with related parties continued
» 15,028 b. RELATED PARTY TRANSACTIONS continued b. Transactions with related parties continued
» Trade receivables - net Note 5
» Advances and prepaid expenses Note 7
» Advances and other non - current assets Note 10
» Indosat 9 Trade payables Note 12
» 2,075 RELATED PARTY TRANSACTIONS continued b. Transactions with related parties continued
» Entities under common control
» 19 Advances from customers and suppliers
» 25 j. Two-step loans Note 16a
» Long-term bank loans - net Note 16c
» - Other borrowing Note 16d 697
» Significant agreements with related parties
» Key management personnel remuneration
» OPERATING SEGMENT FS English YE 2016 Audited PT Telekomunikasi Indonesia Tbk
» Fixed line telephone tariffs
» Mobile cellular telephone tariffs
» Interconnection tariffs TELECOMMUNICATIONS SERVICE TARIFFS
» SIGNIFICANT COMMITMENTS AND AGREEMENTS continued a. Capital expenditures continued
» Others SIGNIFICANT COMMITMENTS AND AGREEMENTS continued b. Borrowings and other credit facilities
» SIGNIFICANT COMMITMENTS AND AGREEMENTS continued c. Others continued
» SIGNIFICANT COMMITMENTS AND AGREEMENTS continued
» CONTINGENCIES FS English YE 2016 Audited PT Telekomunikasi Indonesia Tbk
» CONTINGENCIES continued FS English YE 2016 Audited PT Telekomunikasi Indonesia Tbk
» ASSETS AND LIABILITIES DENOMINATED IN FOREIGN CURRENCIES
» ASSETS AND LIABILITIES DENOMINATED IN FOREIGN CURRENCIES continued FINANCIAL RISK MANAGEMENT
» FINANCIAL RISK MANAGEMENT continued
» 0.17 FINANCIAL RISK MANAGEMENT continued
Show more