REVENUES continued 2013 PERSONNEL EXPENSES
31. TAXATION continued
c. Taxes payable continued 2013 2012 Subsidiaries Income taxes Article 4 2 - Final tax 48 37 Article 21 - Individual income tax 82 60 Article 23 - Withholding tax on service delivery 34 32 Article 25 - Installment of corporate income tax 440 378 Article 26 - Withholding tax on non-resident income 16 18 Article 29 - Corporate income tax 284 674 VAT 72 3 976 1,202 1,698 1,844 d. The components of income tax expense benefit are as follows: 2013 2012 Current The Company 909 878 Subsidiaries 6,086 5,750 6,995 6,628 Deferred The Company 149 501 Subsidiaries 13 261 136 762 6,859 5,866 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 statement of comprehensive income is as follows: 2013 2012 Profit before income tax 27,149 24,228 Less income subject to final tax 1,780 913 25,369 23,315 Tax calculated at the Company’s applicable statutory tax rate of 20 5,074 4,663 Difference in applicable statutory tax rate for subsidiaries 1,213 1,050 Non-deductible expenses 460 381 Final income tax expenses 93 52 Others 19 280 Net income tax expense 6,859 5,866 PERUSAHAAN PERSEROAN PERSERO PT TELEKOMUNIKASI INDONESIA Tbk AND ITS SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS As of December 31, 2013 and for the Year Then Ended Figures in tables are expressed in billions of rupiah, unless otherwise stated 7531. 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 years ended December 31, 2013 and 2012 is as follows: 2013 2012 Profit before income tax 27,149 24,228 Add back consolidation eliminations 11,992 10,536 Consolidated profit before income tax and eliminations 39,141 34,764 Less profit before income tax of the subsidiaries 24,143 21,616 Profit before income tax attributable to the Company 14,998 13,148 Less income subject to final tax 433 344 14,565 12,804 Temporary differences: Provision for impairment and trade receivables written-off 854 43 Provision for impairment of assets 596 246 Net periodic pension and other post-retirement benefits costs 414 291 Finance lease 366 196 Deferred installation fee 83 72 Provision for personnel expenses 13 537 Valuation of fair value of long-term investment 352 - Depreciation and gain on sale of property and equipment 403 424 Payment of provision for early retirement program 699 699 Other provisions 33 19 Net temporary differences 879 1,105 Permanent differences: Net periodic post-retirement health care benefit costs 374 90 Employee benefits 247 218 Donations 193 215 Equity in net income of associates and subsidiaries 11,979 10,583 Gain on sale of long term investment 499 - Others 460 360 Net permanent differences 11,204 9,700 Taxable income of the Company 4,240 4,209 Current corporate income tax expense 848 842 Final income tax expense 61 36 Total current income tax expense of the Company 909 878 Current income tax expense of the subsidiaries 6,086 5,750 Total current income tax expense 6,995 6,628Parts
» Telekomunikasi Indonesia Eng 31 Des 2013
» GENERAL a. Establishment and general information
» Public offering of securities of the Company
» Subsidiaries GENERAL continued c. Public offering of securities of the Company continued
» GENERAL continued d. Subsidiaries continued
» GENERAL continued Telekomunikasi Indonesia Eng 31 Des 2013
» Authorization for the issuance of the consolidated financial statements
» Basis of preparation of financial statements
» Transactions with related parties
» SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued d. Business combinations continued
» Investments in associated companies
» Inventories SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued e. Cash and cash equivalents
» Prepaid expenses SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued h. Inventories continued
» Intangible assets SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued h. Inventories continued
» SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued l.
» Leases SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued l.
» Deferred charges - land rights
» Borrowings SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued o. Trade payables
» SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued s. Employee benefits continued
» Income tax SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued
» SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued u. Financial instruments
» SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued u. Financial instruments continued
» Basic earnings per share and earnings per ADS
» Segment information SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued w. Dividends
» Provision SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued w. Dividends
» Retirement benefits SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued w. Dividends
» Retirement benefits continued Impairment of non-financial assets
» BUSINESS COMBINATIONS a. Acquisitions
» Disposal of Indonusa BUSINESS COMBINATIONS continued a. Acquisitions continued
» BUSINESS COMBINATION continued b. Disposal of Indonusa continued CASH AND CASH EQUIVALENTS 2013
» CASH AND CASH EQUIVALENTS continued 2013
» CASH AND CASH EQUIVALENTS continued OTHER CURRENT FINANCIAL ASSETS 2013
» TRADE RECEIVABLES Telekomunikasi Indonesia Eng 31 Des 2013
» TRADE RECEIVABLES continued Telekomunikasi Indonesia Eng 31 Des 2013
» INVENTORIES continued Telekomunikasi Indonesia Eng 31 Des 2013
» LONG-TERM INVESTMENTS Telekomunikasi Indonesia Eng 31 Des 2013
» LONG-TERM INVESTMENTS continued Telekomunikasi Indonesia Eng 31 Des 2013
» PROPERTY AND EQUIPMENT Telekomunikasi Indonesia Eng 31 Des 2013
» PROPERTY AND EQUIPMENT continued
» ADVANCES AND OTHER NON-CURRENT ASSETS continued
» INTANGIBLE ASSETS Telekomunikasi Indonesia Eng 31 Des 2013
» INTANGIBLE ASSETS continued Telekomunikasi Indonesia Eng 31 Des 2013
» TRADE PAYABLES continued 2013 ACCRUED EXPENSES 2013
» UNEARNED INCOME 2013 Telekomunikasi Indonesia Eng 31 Des 2013
» SHORT-TERM BANK LOANS Telekomunikasi Indonesia Eng 31 Des 2013
» CURRENT MATURITIES OF LONG-TERM LIABILITIES
» TWO-STEP LOANS continued Telekomunikasi Indonesia Eng 31 Des 2013
» BANK LOANS BANK LOANS continued
» BANK LOANS continued Telekomunikasi Indonesia Eng 31 Des 2013
» NON-CONTROLLING INTERESTS 2013 Telekomunikasi Indonesia Eng 31 Des 2013
» CAPITAL STOCK continued 2012 Telekomunikasi Indonesia Eng 31 Des 2013
» 5,805 ADDITIONAL PAID-IN CAPITAL continued
» TREASURY STOCK continued Telekomunikasi Indonesia Eng 31 Des 2013
» REVENUES continued 2013 PERSONNEL EXPENSES
» TAXATION Telekomunikasi Indonesia Eng 31 Des 2013
» TAXATION continued Telekomunikasi Indonesia Eng 31 Des 2013
» TAXATION continued TAXATION continued
» BASIC AND DILUTED EARNINGS PER SHARE
» CASH DIVIDENDS AND GENERAL RESERVE
» CASH DIVIDENDS AND GENERAL RESERVE continued Appropriation of Retained Earnings
» Prepaid pension benefit costs continued 2013
» Prepaid pension benefit costs continued
» Prepaid pension benefit costs continued Historical information: Pension benefit costs provisions
» Pension benefit cost provisions continued
» Pension benefit costs provisions continued
» Other post-retirement benefits continued
» Obligation under the Labor Law
» POST-RETIREMENT HEALTH CARE BENEFITS
» POST-RETIREMENT HEALTH CARE BENEFITS continued
» Nature of relationships and accountstransactions with related parties
» 3,626 2013 RELATED PARTY TRANSACTIONS continued b. Transactions with related parties
» 4,310 RELATED PARTY TRANSACTIONS continued b. Transactions with related parties
» 506 2013 RELATED PARTY TRANSACTIONS continued b. Transactions with related parties continued
» 382 RELATED PARTY TRANSACTIONS continued b. Transactions with related parties continued
» Cash and cash equivalents Note 4 11,736
» 8,992 RELATED PARTY TRANSACTIONS continued b. Transactions with related parties continued
» b. Other current financial assets Note 5
» 701 Trade receivables - net Note 6 900
» d. Advances and prepaid expenses Note 8
» 14 Advances and other non-current assets Note 12
» 89 h. Advances from customers and suppliers
» Long-term bank loans Note 21
» 8,396 RELATED PARTY TRANSACTIONS continued b. Transactions with related parties continued
» POST-RETIREMENT HEALTH CARE BENEFITS continued RELATED PARTY TRANSACTIONS continued
» Key management personnel remuneration
» SEGMENT INFORMATION Telekomunikasi Indonesia Eng 31 Des 2013
» SEGMENT INFORMATION continued Telekomunikasi Indonesia Eng 31 Des 2013
» REVENUE-SHARING ARRANGEMENTS “RSA” Telekomunikasi Indonesia Eng 31 Des 2013
» Mobile cellular telephone tariffs
» SIGNIFICANT COMMITMENTS AND AGREEMENTS
» SIGNIFICANT COMMITMENTS AND AGREEMENTS continued a. Capital expenditures continued
» SIGNIFICANT COMMITMENTS AND AGREEMENTS continued
» Borrowings and other credit facilities
» SIGNIFICANT COMMITMENTS AND AGREEMENTS continued c. Others
» SIGNIFICANT COMMITMENTS AND AGREEMENTS continued c. Others continued
» CONTINGENCIES continued Telekomunikasi Indonesia Eng 31 Des 2013
» ASSETS AND LIABILITIES DENOMINATED IN FOREIGN CURRENCIES
» ASSETS AND LIABILITIES DENOMINATED IN FOREIGN CURRENCIES continued FINANCIAL RISK MANAGEMENT
» 0.10 FINANCIAL RISK MANAGEMENT continued
» FINANCIAL RISK MANAGEMENT continued
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