PERUSAHAAN PERSEROAN PERSERO P.T. TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS continued JUNE 30, 2005 AND 2006, AND FOR THE SIX MONTHS PERIOD ENDED
JUNE 30, 2005 AND 2006 Figures in tables are presented in millions of Rupiah, unless otherwise stated
- 100
46. RELATED PARTY INFORMATION continued
d. Others continued
v PT INTI is also a major contractor and supplier of equipment, including construction and
installation services for Telkomsel. Total purchases from PT INTI in 2005 and 2006 amounted to Rp27,752 million and Rp40,573 million, respectively, reflecting 0.7 and
0.6 of total fixed asset purchases in 2005 and 2006, respectively.
vi Telkomsel has an agreement with PSN for lease of PSN’s transmission link. Based on the
agreement, which was made on March 14, 2001, the minimum lease period is 2 years since the operation of the transmission link and is extendable subject to agreement by both
parties. The lease charges amounted to Rp41,203 million and Rp24,684 million in 2005 and 2006, respectively, reflecting 1 and 0.2 of total operating expenses in 2005 and 2006,
respectively.
vii The Company and its subsidiaries carry insurance on their property, plant and equipment
against property losses, inventory and on employees social security obtained from PT Asuransi Jasa Indonesia, PT Asuransi Tenaga Kerja and PT Persero Asuransi Jiwasraya,
which are state-owned insurance companies. Insurance premiums charged amounted to Rp83,614 million and Rp104,811 million in 2005 and 2006, respectively, reflecting 0.7
and 0.5 of total operating expenses in 2005 and 2006, respectively.
viii The Company and its subsidiaries maintain current accounts and time deposits in several
state-owned banks. In addition, some of those banks are appointed as collecting agents for the Company. Total placements in form of current accounts and time deposits, and mutual
funds in state-owned banks amounted to Rp2,712,116 million and Rp5,072,927 million as of June 30, 2005 and 2006, respectively, reflecting 4.3 and 8.7 of total assets as of June
30, 2005 and 2006, respectively. Interest income recognized during 2005 and 2006 was Rp29,093 million and Rp185,585 million reflecting 21.4 and 56.9 of total interest
income in 2005 and 2006, respectively.
ix The Company’s subsidiaries have loans from a state-owned bank. Interest expense on the
loans for 2005 and 2006 amounted to Rp3,543 million and Rp778 million, respectively, representing 0.5 and 0.1 of total interest expense in 2005 and 2006, respectively.
x The Company leases buildings, purchases materials and construction services, and utilizes
maintenance and cleaning services from Dana Pensiun Telkom and PT Sandhy Putra Makmur, a subsidiary of Yayasan Sandikara Putra Telkom - a foundation managed by
Dharma Wanita Telkom. Total charges from these transactions amounted to Rp21,027 million and Rp103,974 million in 2005 and 2006, respectively, reflecting 0.2 and 0.8 of
total operating expenses in 2005 and 2006, respectively.
PERUSAHAAN PERSEROAN PERSERO P.T. TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS continued JUNE 30, 2005 AND 2006, AND FOR THE SIX MONTHS PERIOD ENDED
JUNE 30, 2005 AND 2006 Figures in tables are presented in millions of Rupiah, unless otherwise stated
- 101
46. RELATED PARTY INFORMATION continued
