CASH AND CASH EQUIVALENTS continued 2012

PERUSAHAAN PERSEROAN PERSERO PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS AS OF DECEMBER 31, 2012 AND FOR THE YEAR THEN ENDED WITH COMPARATIVE FIGURES AS OF DECEMBER 31, 2011 AND FOR THE YEAR THEN ENDED AND AS OF JANUARY 1, 2011 Figures in tables are presented in billions of Rupiah, unless otherwise stated 40

5. TRADE RECEIVABLES continued

b. By age continued iii Aging of total trade receivables continued The Company and subsidiaries have made provision for impairment of receivables based on the collective account of historical impairment rates and individual account of its customers’ credit history. The Company and subsidiaries do not apply a distinction between related party and third party receivables in assessing amounts past due. As of December 31, 2012 and 2011, the carrying amount of trade receivables of the Company and subsidiaries considered past due but not impaired amounted to Rp2,189 billion and Rp2,068 billion, respectively. Management has concluded that receivables past due but not impaired, along with trade receivables that are neither past due nor impaired, are due from customers with good debt history and are expected to be recoverable. c. By currency i Related parties December 31, December 31, January 1, 2012 2011 2011 Rupiah 686 399 459 U.S. Dollar 87 43 28 Total 773 442 487 Provision for impairment of receivables 72 36 79 Net 701 406 408 ii Third parties December 31, December 31, January 1, 2012 2011 2011 Rupiah 5,770 5,402 4,588 U.S. Dollar 722 802 713 Euro 3 1 1 Hong Kong Dollar 2 - - Total 6,497 6,205 5,302 Provision for impairment of receivables 1,975 1,696 1,366 Net 4,522 4,509 3,936 d. Movements in the provision for impairment of receivables 2012 2011 Beginning balance 1,732 1,445 Provision recognized during the year Note 29 848 856 Receivables written off 533 569 Ending balance 2,047 1,732 Reclassified, refer to Note 48 PERUSAHAAN PERSEROAN PERSERO PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS AS OF DECEMBER 31, 2012 AND FOR THE YEAR THEN ENDED WITH COMPARATIVE FIGURES AS OF DECEMBER 31, 2011 AND FOR THE YEAR THEN ENDED AND AS OF JANUARY 1, 2011 Figures in tables are presented in billions of Rupiah, unless otherwise stated 41

5. TRADE RECEIVABLES continued

d. Movements in the provision for impairment of receivables continued Receivables written off represent to third party trade receivables written off. Management believes that the provision for impairment of receivables is adequate to cover losses on uncollectible trade receivables. Certain trade receivables of the Company’s subsidiaries amounting to Rp1,344 billion have been pledged as collateral for lending agreements Notes 16 and 20. Refer to Note 37 for details of related party transactions. 6. INVENTORIES 2012 2011 Modules 316 297 Components 183 173 SIM cards, RUIM cards, set top box and blank prepaid vouchers 134 238 Others each below Rp50 billion 94 156 Total 727 864 Provision for obsolescence Modules 96 91 Components 51 15 SIM cards, RUIM cards, set top box and blank prepaid vouchers 1 - Total 148 106 Net 579 758 Movements in the provision for obsolescence are as follows: 2012 2011 Beginning balance 106 83 Provision recognized during the year Note 29 67 27 Inventories written-off 25 4 Ending balance 148 106