GOODWILL AND OTHER INTANGIBLE ASSETS
16. ESCROW ACCOUNTS
Escrow accounts consist of the following: 2004 2005 Citibank N.A., Singapore 30,059 126,128 Bank Mandiri 6,222 6,369 36,281 132,497a. Citibank N.A., Singapore
This escrow account with Citibank N.A., Singapore “Dayamitra Escrow Agent” was established to facilitate the payment of the Companys obligations under the Conditional Sale and Purchase Agreement and Option Agreement entered into with the selling stockholders of Dayamitra Note 5a. In 2004, the Company has repaid the entire obligations under the Conditional Sale and Purchase Agreement, and since then this escrow account is used to facilitate the payment of the Company’s obligations under the Option Agreement with TMC. The escrow account earns interest at LIBOR minus 0.75 per annum, which is computed on a daily basis. The interest income earned is included as part of the escrow funds. The remaining funds available will be transferred to the Company after all of the obligations related to the Dayamitra transaction are satisfied. b. Bank Mandiri The escrow account with Bank Mandiri was established by Dayamitra in relation with the credit facilities from Bank Mandiri Note 24e. PERUSAHAAN PERSEROAN PERSERO P.T. TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS continued DECEMBER 31, 2004 AND 2005, AND FOR YEARS ENDED DECEMBER 31, 2004 AND 2005 Figures in tables are presented in millions of Rupiah, unless otherwise stated - 5717. TRADE ACCOUNTS PAYABLE
2004 2005 Related parties Payables to other telecommunications carriers 196,127 99,980 Concession fees 254,665 648,950 Purchases of equipment, materials and services 192,302 265,459 Total 643,094 1,014,389 Third parties Purchases of equipment, materials and services 3,366,320 4,011,444 Payables related to revenue-sharing arrangements 220,158 106,195 Payables to other telecommunication providers 24,978 163,646 Total 3,611,456 4,281,285 Total 4,254,550 5,295,674 Trade accounts payable by currency are as follows: 2004 2005 Rupiah 3,613,715 3,112,303 U.S. Dollar 638,861 1,381,473 Euro - 796,343 Japanese Yen 715 5,508 Great British Pound Sterling 1,092 14 Singapore Dollar 147 33 Myanmar KYAT 20 - Total 4,254,550 5,295,674 Refer to Note 45 for details of related party transactions.Parts
» saRTOnO , Independent Commissioner TELKOM for web upload
» liquidity and Capital Resources
» Commitments on Capital expenditures
» GENERAL continued a. Establishment and General Information continued
» GENERAL continued b. Public offering of shares of the Company
» GENERAL continued Public offering of shares of the Company
» GENERAL continued c. Subsidiaries
» SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
» SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued
» Principles of consolidation sartono
» Transactions with related parties
» Foreign currency translation sartono
» Cash and cash equivalents Trade and other accounts receivable
» Property, plant and equipment under capital leases
» Revenue-sharing arrangements Joint operation schemes continued
» Deferred charges for landrights Income tax
» Earnings per share and earnings per American Depositary Share “ADS”
» TRANSLATION OF RUPIAH INTO UNITED STATES DOLLARS
» CHANGES IN METHODS OF ACCOUNTING continued
» ACQUISITION OF KSO INVESTORS AND KSO IV continued
» ACQUISITION OF KSO INVESTORS AND KSO IV continued c. AWI continued
» CASH AND CASH EQUIVALENTS CASH AND CASH EQUIVALENTS continued
» CASH AND CASH EQUIVALENTS continued TRADE ACCOUNTS RECEIVABLE continued
» TRADE ACCOUNTS RECEIVABLE continued
» INVENTORIES Pro forma operating results related to acquisition of KSO investors and KSO IV
» PT Patra Telekomunikasi Indonesia “Patrakom”
» PT Pasifik Satelit Nusantara “PSN”
» LONG-TERM INVESTMENTS Medianusa Pte. Ltd.
» PROPERTY, PLANT AND EQUIPMENT
» PROPERTY, PLANT AND EQUIPMENT continued
» PROPERTY, PLANT AND EQUIPMENT UNDER REVENUE-SHARING ARRANGEMENTS
» GOODWILL AND OTHER INTANGIBLE ASSETS
» TRADE ACCOUNTS PAYABLE Citibank N.A., Singapore
» ACCRUED EXPENSES Citibank N.A., Singapore
» UNEARNED INCOME SHORT-TERM BANK
» SHORT-TERM BANK Citibank N.A., Singapore
» TWO-STEP LOANS Citibank N.A., Singapore
» TWO-STEP LOANS NOTES AND BONDS
» NOTES AND BONDS continued NOTES AND BONDS continued
» NOTES AND BONDS continued BANK LOANS
» BANK LOANS continued Citibank N.A., Singapore
» BANK LOANS continued BANK LOANS continued
» BANK LOANS Citibank N.A., Singapore
» BANK LOANS continued LIABILITIES OF BUSINESS ACQUISITIONS
» MINORITY INTEREST Citibank N.A., Singapore
» CAPITAL STOCK Citibank N.A., Singapore
» ADDITIONAL PAID-IN CAPITAL Citibank N.A., Singapore
» DIFFERENCE IN VALUE OF RESTRUCTURING TRANSACTIONS BETWEEN ENTITIES
» TELEPHONE REVENUES REVENUE UNDER JOINT OPERATION SCHEMES
» REVENUE-SHARING ARRANGEMENT Citibank N.A., Singapore
» PERATING EXPENSES — PERSONNEL PERATING EXPENSES - OPERATIONS, MAINTENANCE AND TELECOMMUNICATION
» PT Mandara Selular Indonesia “Mobisel” Taxes payable
» INCOME TAX continued Deferred tax assets and liabilities
» The Company Infomedia sartono
» POST-RETIREMENT HEALTH CARE BENEFITS
» POST-RETIREMENT HEALTH CARE BENEFITS continued
» RELATED PARTY INFORMATION continued
» The Company Government of the Republic of Indonesia continued
» Trade accounts receivable, net Note 7 419,104
» Other accounts receivable sartono
» Prepaid expenses Note 9 sartono
» Other current assets Note 10 44,608
» Advances and other non-current assets Note 14
» T rade accounts payable N ote 17 A ccrued expenses N ote 18
» Short-term bank loans N ote 20 T w o-step loans N ote 22
» SEGMENT INFORMATION L ong-term bank loans N ote 24
» JOINT OPERATION SCHEMES “KSO” continued
» TELECOMMUNICATIONS SERVICES TARIFFS L ong-term bank loans N ote 24
» TELECOMMUNICATIONS SERVICES TARIFFS continued
» A ccrued post-retirem ent health care benefits N ote 44 Airtime
» TELECOMMUNICATIONS SERVICES TARIFFS continued COMMITMENTS
» COMMITMENTS continued Capital Expenditures continued
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