TREASURY STOCK continued OTHER EQUITY September 30,

PERUSAHAAN PERSEROAN PERSERO PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS As of September 30, 2016 and For the Nine-Month Period Then Ended unaudited Figures in tables are expressed in billions of rupiah, unless otherwise stated 66

22. REVENUES continued

The detail of net revenues received by the Group from agency relationships is as follows: 2016 2015 Gross revenues 12,020 10,077 Compensation to value added service providers 775 517 Net revenues 11,245 9,560 Refer to Note 32 for details of related party transactions.

23. PERSONNEL EXPENSES

The breakdown of personnel expenses is as follows: 2016 2015 Salaries and related benefits 4,028 2,952 Vacation pay, incentives and other benefits 2,721 3,257 Employees’ income tax 1,262 1,277 Pension benefit cost Note 30 846 406 Early retirement program 562 699 Housing 157 161 Post-employment health care benefit cost Note 30 135 183 LSA expense Note 31 80 67 Other post-employment benefit cost Note 30 37 35 Other employee benefit cost Note 30 36 38 Others 190 132 Total 10,054 9,207 Refer to Note 32 for details of related party transactions.

24. OPERATION, MAINTENANCE AND TELECOMMUNICATION SERVICE EXPENSES

The breakdown of operations, maintanance and telecommunication service expenses is as follows: 2016 2015 Operations and maintenance 13,451 11,747 Radio frequency usage charges Notes 35c.i and 35c.ii 2,697 2,640 Concession fees and Universal Service Obligation charges 1,675 1,584 Cost of IT services 1,420 711 Leased lines and CPE 1,200 978 Cost of handset sold Note 6 1,115 1,126 Electricity, gas and water 707 728 Cost of SIM cards and vouchers Note 6 424 324 Tower rent 331 907 Vehicles rental and supporting facilities 204 221 Project management 196 126 Insurance 178 234 Others each below Rp75 billion 23 93 Total 23,621 21,419 Refer to Note 32 for details of related party transactions. PERUSAHAAN PERSEROAN PERSERO PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS As of September 30, 2016 and For the Nine-Month Period Then Ended unaudited Figures in tables are expressed in billions of rupiah, unless otherwise stated 67

25. GENERAL AND ADMINISTRATIVE EXPENSES

The breakdown of general and administrative expenses is as follows: 2016 2015 General expenses 1,074 814 Provision for impairment of receivables Note 5d 856 948 Professional fees 430 237 Training, education and recruitment 282 288 Travelling 282 239 Others each below Rp75 billion 581 747 Total 3,505 3,273 Refer to Note 32 for details of related party transactions. 26. INTERCONNECTION EXPENSES The breakdown of interconnection expenses is as follows: 2016 2015 Domestic interconnection and access 1,477 1,814 International interconnection 537 886 Total 2,014 2,700 Refer to Note 32 for details of related party transactions. 27. TAXATION a. Claims for tax refund September 30, 2016 December 31, 2015 The Company Value added tax “VAT” 393 298 Corporate income tax 414 479 Subsidiaries Corporate income tax 88 290 VAT 128 12 Income tax Article 23 - Withholding tax on services Total claims for tax refund 1,023 1,079 Short-term portion 89 66 Long-term portion 934 1,013