BUSINESS COMBINATIONS a. Acquisitions

PERUSAHAAN PERSEROAN PERSERO PT TELEKOMUNIKASI INDONESIA Tbk AND ITS SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS As of March 31, 2014 and for three months period then ended unaudited Figures in tables are expressed in billions of rupiah, unless otherwise stated 38

3. BUSINESS COMBINATION continued b. Disposal of Indonusa continued

The Company recognized the gain on sale of Indonusa shares in the consolidated statement of comprehensive income of thecurrent year as follows: Amount Fair value of considerations received: Cash 926 Put Option 289 Fair value of interest retainedin Indonusa Note 10 182 Carrying amount of assets and liabilities of Indonusa 14 Gain on sale of shares 1,383 4. CASH AND CASH EQUIVALENTS 31 Maret 2014 31 Desember 2013 Cash on hand 30 7 Cash in banks Related parties Rupiah PT Bank Mandiri Persero Tbk “Bank Mandiri” 923 804 PT Bank Negara Indonesia Persero Tbk “BNI” 227 409 PT Bank Rakyat Indonesia Persero Tbk “BRI” 68 70 PT Bank Tabungan Negara Persero Tbk “BTN” 50 Others 7 6 1,225 1,339 Foreign currencies Bank Mandiri 748 458 BNI 147 224 BRI 22 75 917 757 Sub-total 2,142 2,096 Third parties Rupiah Deutsche Bank AG “DB” 129 62 PT Bank Central Asia Tbk “BCA” 62 34 PT Bank CIMB Niaga Tbk “Bank CIMB Niaga” 54 32 Others each below Rp50 billion 77 97 322 225 Foreign currencies Standard Chartered Bank “SCB” 289 313 Hong Kong and Shanghai Banking Corporation Ltd “HSBC” 86 66 Others 33 36 408 415 Sub-total 730 640 Total cash in banks 2,872 2,736 PERUSAHAAN PERSEROAN PERSERO PT TELEKOMUNIKASI INDONESIA Tbk AND ITS SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS As of March 31, 2014 and for three months period then ended unaudited Figures in tables are expressed in billions of rupiah, unless otherwise stated 39

4. CASH AND CASH EQUIVALENTS continued 31 Maret 2014

31 Desember 2013 Time deposits Related parties Rupiah BNI 3,969 1,975 BRI 3,501 2,445 Bank Mandiri 908 1,271 BTN 295 375 PT Bank Syariah Mandiri ”BSM” 51 50 8,724 6,116 Foreign currencies BRI 2,480 3,260 BNI 281 264 2,761 3,524 Sub-total 11,485 9,640 Third parties Rupiah Bank CIMB Niaga 1,880 83 BCA 1,366 599 PT Bank OCBC NISP Tbk “OCBC NISP” 1,000 - SCB 750 - PT Bank Muamalat Indonesia Tbk 143 150 PT Bank Pembangunan Daerah Jawa Barat dan Banten Tbk “BJB” 130 245 PT Bank Ekonomi Raharja Tbk “Bank Ekonomi” 115 73 PT Bank Internasional Indonesia Tbk “BII” 113 126 PT Bank Mega Tbk “Bank Mega” 95 275 Deutsche Bank 56 6 PT Bank Yudha Bhakti - 145 PT Bank Tabungan Pensiunan Nasional Tbk - 136 PT Bank Panin Tbk - 70 Others each below Rp50 billion 122 161 5,770 2,069 Foreign currencies OCBC NISP 534 244 Others 9 - 543 244 Sub-total 6,313 2,313 Total time deposits 17,798 11,953 Grand Total 20,700 14,696