PERUSAHAAN PERSEROAN PERSERO P.T. TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS continued DECEMBER 31, 2010 AUDITED AND MARCH 31, 2011 UNAUDITED AND
THREE MONTHS PERIOD ENDED MARCH 31, 2010 AND 2011 UNAUDITED Figures in tables are presented in millions of Rupiah, unless otherwise stated
40
5. CASH AND CASH EQUIVALENTS continued December 31, March 31,
2010 2011
Cash in banks continued Third parties continued
Foreign currencies The Hongkong and Shanghai Banking Corporation Ltd.
38,490 28,522
Bank Ekonomi 17,035
17,057 DB
8,758 8,295
Citibank, N.A. “Citibank” 8,513
8,213 Others each below Rp.1 billion
2,369 1,298
75,165 63,385
Sub-total 276,372
160,409 Total cash in banks
1,149,447 2,052,614
Time deposits Related parties
Rupiah BRI
2,223,735 2,572,037
BNI 1,428,191
1,710,828 Bank Mandiri
1,556,289 1,544,218
BTN 330,000
350,000 BSM
- 40,000
5,538,215 6,217,083
Foreign currencies BRI
635,899 571,898
BNI 393,946
5,084 Bank Mandiri
2,317 2,237
1,032,162 579,219
Sub-total 6,570,377
6,796,302 Third parties
Rupiah Bank Jabar
495,560 496,560
PT OCBC NISP Tbk -
200,000 PT Bank Mega Tbk “Bank Mega”
176,850 182,850
Bank Bukopin 173,755
171,755 Standard Chartered Bank
- 170,430
PT Bank Tabungan Pensiunan Nasional Tbk 116,000
142,000 PT Pan Indonesia Bank Tbk
95,000 95,000
Bank CIMB Niaga 165,117
70,117 PT Bank Muamalat Indonesia
10,000 60,000
DB 300
27,900 BII
30,000 25,000
PT Bank Danamon Indonesia Tbk 10,000
10,000
PERUSAHAAN PERSEROAN PERSERO P.T. TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS continued DECEMBER 31, 2010 AUDITED AND MARCH 31, 2011 UNAUDITED AND
THREE MONTHS PERIOD ENDED MARCH 31, 2010 AND 2011 UNAUDITED Figures in tables are presented in millions of Rupiah, unless otherwise stated
41
5. CASH AND CASH EQUIVALENTS continued December 31, March 31,
2010 2011
Time deposits continued Third parties continued
Rupiah continued BCA
- 8,730
PT Bank Yudha Bhakti 10,500
3,000 PT Bank Mutiara Tbk
- 2,000
Bank Bumiputera 1,000
1,000 PT Bank UOB Buana Tbk
25,000 -
PT Bank Capital Indonesia Tbk “Bank Capital” 6,000
- PT Bank Syariah Mega Indonesia
“Bank Syariah Mega” 500
- 1,315,582
1,666,342 Foreign currencies
BCA 64,921
81,357 Bank Ekonomi
14,408 13,928
Bank Capital -
8,705 Bank Bukopin
901 871
DB -
871 80,230
105,732 Sub-total
1,395,812 1,772,074
Total time deposits 7,966,189
8,568,376
Grand Total 9,119,849
10,645,475
Interest rates per annum on time deposits are as follows:
December 31, March 31, 2010
2011
Rupiah 4.00 - 9.50 4.00 - 9.25
Foreign currencies 0.05 - 4.00 0.05 - 2.00
The related parties which the Company and its subsidiaries place their funds are state-owned banks. The Company and its subsidiaries placed a majority of their cash and cash equivalents in these
banks because they have the most extensive branch network in Indonesia and are considered to be financially sound banks as they are owned by the state.
Refer to Note 44 for details of related party transactions.
PERUSAHAAN PERSEROAN PERSERO P.T. TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS continued DECEMBER 31, 2010 AUDITED AND MARCH 31, 2011 UNAUDITED AND
THREE MONTHS PERIOD ENDED MARCH 31, 2010 AND 2011 UNAUDITED Figures in tables are presented in millions of Rupiah, unless otherwise stated
42
6. TRADE RECEIVABLES
Trade receivables arise from services provided to both retail and non-retail customers, with details as follows:
a. By debtor i Related parties
December 31, March 31, 2010
2011
Government Agencies 759,450
1,019,422 CSM
91,366 107,084
Indosat 33,451
33,897 PT Patra Telekomunikasi Indonesia “Patrakom”
24,279 25,519
PSN 5,098
8,776 PT Graha Informatika Nusantara “Gratika”
6,170 5,102
Koperasi Pegawai Telkom “Kopegtel” 3,049
3,671 PT Aplikanusa Lintasarta “Lintasarta”
1,461 1,562
Others each below Rp.1 billion 6,985
8,230 Total
931,309 1,213,263
Allowance for doubtful accounts 151,266
88,897
Net 780,043
1,124,366
Trade receivables from certain related parties are presented net of the Company and its subsidiaries’ liabilities to such parties due to legal right of offset in accordance with
agreements with those parties.
ii Third parties
December 31, March 31, 2010
2011
Residential and business subscribers 4,480,869
4,742,202 Overseas international carriers
376,875 330,031
Total 4,857,744
5,072,233 Allowance for doubtful accounts
1,294,078 1,461,089
Net 3,563,666
3,611,144
