PERUSAHAAN PERSEROAN PERSERO P.T. TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS UNAUDITED continued JUNE 30, 2008 AND 2009,
AND SIX MONTHS PERIOD ENDED JUNE 30, 2008 AND 2009 Figures in tables are presented in millions of Rupiah, unless otherwise stated
88
41. PENSION AND OTHER POST-RETIREMENT BENEFITS continued a. Pension continued
3. Infomedia Infomedia provides a defined benefit pension plan to its employees. The reconciliation of the
funded status of the plan with the net amount recognized in the consolidated balance sheets as of June 30, 2008 and 2009, are as follows:
2008 2009
Projected benefits obligation 5,873
5,655 Fair value of plan assets
6,271 5,911
Funded status 398
256
Prepaid pension benefits costs 398
256
The net periodic pension costs of Infomedia amounted to Rp.185 million and Rp.3 million for the six months period ended June 30, 2008 and 2009, respectively Note 35.
b. Other post-retirement benefits
The Company provides other post-retirement benefits in the form of cash paid to employees on their retirement or termination. These benefits consist of last housing allowance “Biaya Fasilitas
Perumahan Terakhir” or “BFPT” and home passage leave “Biaya Perjalanan Pensiun dan Purnabhakti” or “BPP”. In 2006, these benefits presented as part of LSA.
The movement of the other post-retirement benefits for the six months period ended June 30, 2008 and 2009, are as follows:
2008 2009
Accrued other post-retirement benefits costs at beginning of year
195,061 210,345
Other post-retirement benefits costs 41,785
40,734 Other post-retirement benefits paid
13,924 16,136
Total accrued other post-retirement benefits costs at end of period after early
retirement benefits 222,922
234,943
PERUSAHAAN PERSEROAN PERSERO P.T. TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS UNAUDITED continued JUNE 30, 2008 AND 2009,
AND SIX MONTHS PERIOD ENDED JUNE 30, 2008 AND 2009 Figures in tables are presented in millions of Rupiah, unless otherwise stated
89
41. PENSION AND OTHER POST-RETIREMENT BENEFITS continued b. Other post-retirement benefits continued
The components of the net periodic other post-retirement benefits costs for the six months period ended June 30, 2008 and 2009, are as follows:
2008 2009
Service costs 11,313
10,865 Interest costs
20,967 23,080
Amortization of past service costs 3,413
3,414 Recognized actuarial losses
6,092 3,375
Total net periodic other post-retirement benefits costs less amounts
charged to KSO Units Note 35 41,785
40,734 c. Obligation under Labor Law
Under Law No. 132003 concerning labor regulation, the Company and its subsidiaries are required to provide a minimum pension benefits, if not covered yet by the sponsored pension
plans, to their employees upon retirement age. The total related obligation recognized as of June 30, 2008 and 2009 amounted to Rp.59,552 million and Rp.70,140 million, respectively. The
related employees’ benefits cost charged to expense amounted to Rp.7,083 million and Rp.7,364 million for the six months period ended June 30, 2008 and 2009, respectively Note 35.
42. LONG SERVICE AWARDS “LSA” Telkomsel
