PERUSAHAAN PERSEROAN PERSERO PT TELEKOMUNIKASI INDONESIA Tbk AND ITS SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS As of June 30, 2014 and for the Six Months Period Then Ended unaudited
Figures in tables are expressedin billions of rupiah, unless otherwise stated
96
37. RELATED PARTY TRANSACTIONS continued b. Transactions with related parties continued
2014 2013
of total of total
fixed assets fixed assets
Amount purchased
Amount purchased
PURCHASE OF PROPERTY AND EQUIPMENT Note 11
Entity under common control State-owned enterprises
252 2.12
74 0.70
Kopegtel 29
0.24 110
1.04 Sub-total
281 2.36
184 1.74
Others 26
0.22 21
0.20
Total 307
2.58 205
1.94
Presented below are balances of accounts with related parties:
June 30, 2014 December 31, 2013
of of
Amount total assets
Amount total assets
a. Cash and cash equivalents Note 4 12,952
9.95 11,736
9.17 b. Other current financial assets Note 5
309 0.24
1,226 0.95
c. Trade receivables - net Note 6 1,054
0.81 900
0.70 d. Advances and prepaid expenses Note 8
Others 9
0.01 82
0.06
e. Advances and other non-current assets Note 12
Entity under common control BNI
- -
52 0.04
Others 3
0.00 3
0.00
Total 3
0.00 55
0.04 June 30, 2014
December 31, 2013 of total
of total Amount
liabilities Amount
liabilities f.
Trade payables Note 14
Entity under common control INTI
306 0.55
115 0.23
Kopegtel 56
0.10 82
0.16 Indosat
19 0.03
17 0.03
State-owned enterprises 7
0.01 1
0.00 Sub-total
387 0.69
215 0.42
Entity under significant influence Yakes
26 0.05
43 0.09
Others 306
0.55 568
1.12
Total 720
1.30 826
1.63
PERUSAHAAN PERSEROAN PERSERO PT TELEKOMUNIKASI INDONESIA Tbk AND ITS SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS As of June 30, 2014 and for the Six Months Period Then Ended unaudited
Figures in tables are expressedin billions of rupiah, unless otherwise stated
97
37. RELATED PARTY TRANSACTIONS continued b. Transactions with related parties continued
June 30, 2014 December 31, 2013
of total of total
Amount liabilities
Amount liabilities
g. Accrued expenses Note 15
Majority stockholder The Government
17 0.03
17 0.04
Entity under common control State-owned banks
45 0.08
53 0.10
Total 62
0.11 70
0.14 h. Advances from customers and suppliers
Majority stockholder The Government
20 0.04
19 0.04
i. Short-term bank loans Note 17
Entity under common control BRI
50 0.09
50 0.09
BSM 15
0.03 14
0.03 BRI Syariah
4 0.01
3 0.01
Mandiri 2
0.00 -
-
Total 71
0.13 67
0.13 j.
Two-step loans Note 19
Majority stockholder The Government
1,810 3.28
1,915 3.79
k. Long-term bank loans Note 21
Entity under common control BRI
5,798 10.51
4,043 8.00
BNI 2,111
3.80 2,351
4.65 Bank Mandiri
1,375 2.48
1,069 2.12
Total 9,284
16.79 7,643
14.77
c. Significant agreements with related parties
i. The Government The Company obtained two-step loans from the Government Note 19.
ii. Indosat The Company has an agreement with Indosat for the provision of international
telecommunications services to the public. The Company has also entered into an interconnection agreement between the Company’s
fixed line network Public Switched Telephone Network or “PSTN” and Indosat’s GSM mobile cellular telecommunications network in connection with the implementation of the Indosat
Multimedia Mobile services and the settlement of the related interconnection rights and obligations.
The Company also has an agreement with Indosat for the interconnection of Indosats GSM mobile cellular telecommunications network with the Companys PSTN, enabling each party’s
customers to make domestic calls between Indosat’s GSM mobile network and the Company’s fixed line network and allowing Indosat’s mobile customers to access the Company’s IDD
service by dialing “007”.
