PERUSAHAAN PERSEROAN PERSERO PT TELEKOMUNIKASI INDONESIA Tbk AND ITS SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS As of June 30, 2015 and for the Six Months Period Then Ended Unaudited
Figures in tables are expressed in billions of Rupiah, unless otherwise stated
83
30. 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 year ended June 30, 2015 and 2014 is as follows:
June 30, June 30,
2015 2014
Restated
Profit before income tax 14,720
13,832 Add back consolidation eliminations
7,057 5,977
Consolidated profit before income tax and eliminations 21,776
19,809 Less: profit before income tax of the subsidiaries
13,816 11,923
Profit before income tax attributable to the Company 7,960
7,886 Less: income subject to final tax
266 340
7,694 7,546
Temporary differences: Provision for impairment of assets
- 190
Provision for impairment and trade receivables written-off
321 317
Net periodic pension and other post-retirement benefits costs 79
125 Finance lease
52 9
Deferred installation fee 16
4 Depreciation and gain on sale of property
and equipment 105
82 Provision for personnel expenses
359 617
Other provisions 134
1
Net temporary differences 316
79
Permanent differences: Employee benefits
103 115
Donations 79
102 Net periodic post-retirement health care benefit costs
122 149
Equity in net income of associates and subsidiaries 7,066
5,985 Others
66 104
Net permanent differences 6,696
5,515 Taxable income of the Company
1,314 1,952
Current corporate income tax expense 262
391 Final income tax expense
32 51
Total current income tax expense of the Company 294
442 Current income tax expense of the subsidiaries
3,601 3,124
Total current income tax expense 3,895
3,566
PERUSAHAAN PERSEROAN PERSERO PT TELEKOMUNIKASI INDONESIA Tbk AND ITS SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS As of June 30, 2015 and for the Six Months Period Then Ended Unaudited
Figures in tables are expressed in billions of Rupiah, unless otherwise stated
84
30. TAXATION continued
d. The components of income tax expense benefit are as follows: continued Tax Law No. 362008 which is futher regulated in Government Regulation No. 772013 stipulates a
reduction of 5 from the top rate applicable to qualifying listed companies, for those whose stocks are traded in the IDX which meet the prescribed criteria that the public owns 40 or more of the
total fully paid and traded shares, and such shares are owned by at least 300 parties, with each party owning less than 5 of the total paid-up shares. These requirements must be met by a
company for a period of 183 days in one tax year. The Company has met all of the required criteria; therefore, for the purpose of calculating income tax expense and liabilities for the financial reporting
periods ended June 30, 2015 and 2014, the Company has reduced the applicable tax rate by 5. The Company applied the tax rate of 20 for the six months period ended June 30, 2015 and 2014.
The subsidiaries applied a tax rate of 25 for the six months period ended June 30, 2015 and 2014.
e. Tax assessment i The Company
In November 2013, the Company received Tax Underpayment Assesment Letters
PERUSAHAAN PERSEROAN PERSERO PT TELEKOMUNIKASI INDONESIA Tbk AND ITS SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS As of June 30, 2015 and for the Six Months Period Then Ended Unaudited
Figures in tables are expressed in billions of Rupiah, unless otherwise stated
85
30. TAXATION continued
