PERUSAHAAN PERSEROAN PERSERO P.T. TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS continued SEPTEMBER 30, 2005 AND 2006, AND FOR THE NINE MONTHS PERIOD ENDED
SEPTEMBER 30, 2005 AND 2006 Figures in tables are presented in millions of Rupiah, unless otherwise stated
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21. MATURITIES OF LONG-TERM LIABILITIES
a. Current maturities
Notes 2005
2006
Bank loans 24
550,738 1,839,079
Notes and Bonds 23b
179,584 1,460,534
Liabilities of business acquisitions 25
712,232 686,831
Two-step loans 22
645,540 504,541
12 -
19,351 Total
2,088,094 4,510,336
Obligations under capital leases b. Long-term portion
Notes Total
2007 2008
2009 2010
Later
Two-step loans 22
4.177,3 98,3
438,6 425,4
400,0 2.815,0
Bank loans 24
2.670,2 304,8
1.456,3 582,1
218,4 108,6
Liabilities of business acquisitions 25
2.389,4 101,9
761,6 741,9
721,0 63,0
Obligations under capital leases 12
220,6 3,7
26,0 33,0
41,9 116,0
Total 9.457,5
508,7 2.682,5
1.782,4 1.381,3
3.102,6
In billions of Rupiah
22. TWO-STEP LOANS
Two-step loans are loans, which were obtained by the Government from overseas banks and a consortium of contractors, which are then re-loaned to the Company. The loans entered into up to July
1994 were recorded and are payable in Rupiah based on the exchange rate at the date of drawdown. Loans entered into after July 1994 are payable in their original currencies and any resulting foreign
exchange gain or loss is borne by the Company.
On December 15, 2004, the Company repaid a portion of its Rupiah denominated two-step loans totaling Rp701,272 million before its maturity. Further, on December 24, 2004, the Company repaid a
portion of its U.S. Dollar denominated two-step loans with principal amount of US48.8 million and its entire Euro denominated two-step loans with principal amount of EUR14.5 million before their
maturities. These early repayments of two-step loans have been approved by the Ministry of Finance of the Republic of Indonesia – Directorate General of Treasury.
PERUSAHAAN PERSEROAN PERSERO P.T. TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS continued SEPTEMBER 30, 2005 AND 2006, AND FOR THE NINE MONTHS PERIOD ENDED
SEPTEMBER 30, 2005 AND 2006 Figures in tables are presented in millions of Rupiah, unless otherwise stated
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22. TWO-STEP LOANS
