PERUSAHAAN PERSEROAN PERSERO P.T. TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS UNAUDITED continued JUNE 30, 2008 AND 2009,
AND SIX MONTHS PERIOD ENDED JUNE 30, 2008 AND 2009 Figures in tables are presented in millions of Rupiah, unless otherwise stated
53
19. SHORT-TERM BANK LOANS 2008
2009
Bank Ekonomi 7,000
29,839 Bank CIMB Niaga
35,000 23,500
Bank Syariah Mega 28,984
-
Total 70,984
53,339
Refer to Note 44 for details of related party transactions. a. Bank Ekonomi
On June 11, 2008 Sigma entered into a Rp.7,000 million short-term loan agreement with Bank Ekonomi for working capital purpose. The loan bears interest rate of 12.50 per annum and
repayable within 3 months from the signing date to September 11, 2008. This facility is secured by Sigma’s account receivables amounted to Rp.14,000 million. As of June 30, 2008, the
principal outstanding amounted to Rp.7,000 million. In September 2008, the loan was fully repaid. On October 14, 2008, Sigma entered into a Rp.7,500 million short-term loan agreement with
Bank Ekonomi for working capital purpose. The loan bears floating interest rate from 12.50 per annum to 15.50 per annum and repayable within 9 months from the signing date to July 15,
2009. This facility is secured by Sigma’s trade receivables Note 6. As of June 30, 2009, the principal outstanding amounted to Rp.7,500 million.
On November 14, 2008, Sigma entered into a Rp.5,500 million short-term loan agreement with Bank Ekonomi for working capital purpose. On December 2, 2008, Rp.3,500 million were
drawdown from the Facility. The loan bears interest rate of 15.50 per annum and is repayable within 12 months from the signing date to December 2, 2009. This facility is secured by Sigma’s
trade receivables Note 6. As of June 30, 2009, the principal outstanding amounted to Rp.5,500 million.
On February 11, 2009, Sigma entered into a US550,000 short-term loan agreement with Bank Ekonomi for working capital purpose. On March 23, 2009, US380,000 were drawdown from the
Facility. The loan bears interest rate of 6 per annum and is repayable within 3 months from the signing date to June 23, 2009. Based on the latest amendment, the maturity date is extended to
September 23, 2009. This facility is secured by Sigma’s trade receivables Note 6. As of June 30, 2009, the principal outstanding amounted to US550,000 equivalent to Rp.5,618 million.
On May 22, 2009, PT Sigma Solusi Integrasi, one of Sigma’s subsidiaries entered into a US2 million short-term loan agreement with Bank Ekonomi for working capital purpose. On
June 1, 2009, US1,1 million were drawdown from the Facility. The loan bears interest rate of 9 per annum and is repayable within 3 months from the date of withdrawal. This facility is secured
by Purchase Orders “PO” or Setter of Intent from certain companies. As of June 30, 2009, the principal outstanding amounted to US1,1 million equivalent to Rp.11,221 million.
PERUSAHAAN PERSEROAN PERSERO P.T. TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS UNAUDITED continued JUNE 30, 2008 AND 2009,
AND SIX MONTHS PERIOD ENDED JUNE 30, 2008 AND 2009 Figures in tables are presented in millions of Rupiah, unless otherwise stated
54
19. SHORT-TERM BANK LOANS continued
