PERUSAHAAN PERSEROAN PERSERO PT TELEKOMUNIKASI INDONESIA Tbk AND ITS SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS As of September 30, 2014 and for the Nine months Period Then Ended unaudited
Figures in tables are expressed in billions of rupiah, unless otherwise stated
73
25. TREASURY STOCK continued
Pursuant to the AGM of Stockholders of the Company held on June 11, 2010, the stockholders approved the changes to the Company’s plan for the treasury stock as a result of the Share Buyback
I, II and III, as follows: i sold, through or outside stock exchange; ii cancellation by deduct its equity; iii implementation of equity stock conversion and iv funding.
Based on the Annual General Meeting of the Company on April 19, 2013, the Companys stockholders approved the change to the plan for the treasury stock phase III, which was decided to be used for the
implementation of the Employee Stock Ownership Program “ESOP” for the year 2013. On May 31, 2013, the Company offered all its eligible employees and those of its subsidiaries
collectively referred to as the “participants”, the right to purchase a fixed number of its shares at a certain price. The shares have become an entitlement of the employees on the transaction dates and
are no longer conditional on the satisfaction of any vesting conditions. Shares which are held by employees through the ESOP have a lock-up period that varies from 0 up to 12 months, depending on
the position of the employee. In the lock-up period, participants may not transfer shares or have shares transactions either through
or outside the stock exchange. Price per share offered was Rp10,714 and each participant received allowance discount of
Rp5,575 per share. At the closing of this program, the Company had transferred a part of the treasury stock phase III to employees totaling 59,811,400 shares equivalent to 299,057,000 shares after the
stock split with fair value amounting to Rp661 billion. The excess in value of treasury stock recovered over acquisition cost of the stock amounting to Rp228 billion was recorded as additional paid-in capital
Note 24. The difference between the fair value of treasury stock and amount paid by the participants amounting
to Rp353 billion is recorded in the consolidated statement of comprehensive income Note 27. On July 30, 2013, the Company resold 211,290,500 shares equal to 1,056,452,500 shares after the
stock split for the repurchase of shares of treasury stock phase I with fair value amounting to Rp2,409 billion. The excess in value of the treasury stock sold over their acquisition cost amounting to
Rp544 billion was recorded as additional paid-in capital net of related costs to sell the shares Note 24.
On June 13, 2014, the Company resold 215,000,000 shares shares equal to 1,075,000,000 shares after the stock split for the repurchase of shares of treasury stock phase II with fair value amounting
to Rp2,585 billion including costs related to sell the shares. The excess in value of the treasury stock sold over their acquisition cost amounting to Rp576 billion was recorded as additional paid-in capital
net of costs related to sell the shares Note 24.
PERUSAHAAN PERSEROAN PERSERO PT TELEKOMUNIKASI INDONESIA Tbk AND ITS SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS As of September 30, 2014 and for the Nine months Period Then Ended unaudited
Figures in tables are expressed in billions of rupiah, unless otherwise stated
74
26. REVENUES
2014 2013
Telephone Revenues
Cellular Usage charges
24,032 22,599
Features 561
504 Monthly subscription charges
439 562
25,032 23,665
Fixed lines Usage charges
4,157 4,867
Monthly subscription charges 2,010
2,027 Call center
340 236
Installation charges 77
93 Others each below Rp75 billion
186 172
6,770 7,395
Total Telephone Revenues 31,802
31,060 Interconnection Revenues
Domestic interconnection and transit 2,204
2,237 International interconnection
1,432 1,396
Total Interconnection Revenues 3,636
3,633 Data, Internet, and Information Technology Service
Revenues
Internet, data communication and information technology services
13,110 13,437
Short Messaging Services “SMS” 10,004
9,743 Voice over Internet Protocol “VoIP”
3,696 84
E-business 105
69
Total Data, Internet, and Information Technology Service Revenues
26,915 23,333
Network Revenues
Leased lines 495
634 Satellite transponder lease
348 277
Total Network Revenues 843
911 Other Telecommunications Service Revenues
Customer Premise Equipment “CPE” and terminal 1,227
889 Leases
609 467
E-Payment revenue 223
35 Directory assistance
196 208
E-health 120
93 USO compensation
89 350
Pay TV 19
267 Others
162 253
Total Other Telecommunications Service Revenues 2,645
2,562 TOTAL REVENUES
65,841 61,499
