PERUSAHAAN PERSEROAN PERSERO PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS AS OF JUNE 30, 2013 UNAUDITED AND FOR SIX MONTHS PERIOD ENDED
WITH COMPARATIVE FIGURES AS OF DECEMBER 31, 2012 AUDITED AND FOR SIX MONTHS PERIOD ENDED JUNE 30, 2012 UNAUDITED
Figures in tables are presented in billions of Rupiah, unless otherwise stated
93
37. RELATED PARTY TRANSACTIONS continued b. Transactions with related parties continued
2013 2012
of total of total
fixed assets fixed assets
Amount purchased
Amount purchased
PURCHASE OF PROPERTY AND EQUIPMENT Note 10
Entity under common control Kopegtel
110 1.04
79 1.14
State-owned enterprises 74
0.70 30
0.43 Others each below Rp30 billion
21 0.20
36 0.52
Total 205
1.94 145
2.09
Presented below are balances of accounts with related parties:
June 30, 2013 December 31, 2012
of of
Amount total assets
Amount total assets
a. Cash and cash equivalents Note 3
9,174 8.23
8,992 8.07
b. Other current financial assets Note 4
502 0.45
1,888 1.69
c. Trade receivables - net Note 5
1,131 1.02
701 0.63
d. Advances and prepaid expenses Note 7
Others 80
0.07 18
0.02
e. Advances and other non-current
assets Note 11
Entity under common control BNI
145 0.13
- -
Others 2
0.002 14
0.01
Total 147
0.13 14
0.01 June 30, 2013
December 31, 2012 of total
of total Amount
liabilities Amount
liabilities f.
Trade payables Note 13 Entity under common control
State-owned enterprises 77
0.16 3
0.01 Kopegtel
72 0.15
115 0.26
Indosat 18
0.04 31
0.07 INTI
0.00 197
0.44 Sub-total
167 0.36
346 0.78
Entity under significant influence Yakes
29 0.06
39 0.09
Others each below Rp30 billion 421
0.90 47
0.11
Total 617
1.32 432
0.98 g.
Accrued expenses Note 14 Majority stockholder
The Government 16
0.03 17
0.04 Entity under common control
State-owned banks 50
0.10 72
0.16
Total 66
0.13 89
0.20 h.
Advances from customers and suppliers Majority stockholder
The Government 52
0.11 64
0.14
PERUSAHAAN PERSEROAN PERSERO PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS AS OF JUNE 30, 2013 UNAUDITED AND FOR SIX MONTHS PERIOD ENDED
WITH COMPARATIVE FIGURES AS OF DECEMBER 31, 2012 AUDITED AND FOR SIX MONTHS PERIOD ENDED JUNE 30, 2012 UNAUDITED
Figures in tables are presented in billions of Rupiah, unless otherwise stated
94
37. RELATED PARTY TRANSACTIONS continued b. Transactions with related parties continued
June 30, 2013 December 31, 2012
of total of total
Amount liabilities
Amount liabilities
i. Short-term bank loans Note 16
Entity under common control BRI
50 0.11
- -
BSM 11
0.02 5
0.01 BRI Syariah
4 0.01
- -
Total 65
0.14 5
0.01 j.
Two-step loans Note 18 Majority stockholder
The Government
1,798 3.85
1,987 4.48
k. Bonds and notes Note 19
Entity under common control Bahana
- 0.00
8 0.02
l. Long-term bank loans Note 20
Entity under common control BRI
5,156 11.04
4,630 10.43
BNI 1,775
3.80 2,349
5.29 Bank Mandiri
1,070 2.29
1,417 3.19
Total 8,001
17.13 8,396
18.91
c. Significant agreements with related parties
i. The Government
The Company obtained two-step loans from the Government Note 18. ii. Indosat
The Company has an agreement with Indosat for the provision of international telecommunications services to the public.
The Company has also entered into an interconnection agreement between the Company s fixed line network Public Switched Telephone Network or PSTN and Indosat s GSM mobile
cellular telecommunications network in connection with implementation of Indosat Multimedia Mobile services and the settlement of the related interconnection rights and obligations.
The Company also has an agreement with Indosat for the interconnection of Indosats GSM mobile cellular telecommunications network with the Companys PSTN, enabling each party s
customers to make domestic calls between Indosat s GSM mobile network and the Company s fixed line network and allowing Indosat s mobile customers to access the Company s IDD
service by dialing 007 .
The Company has been handling customer billings and collections for Indosat. Indosat is gradually taking over the activities and performing its own direct billing and collection. The
Company receives compensation from Indosat computed at 1 of the collections made by the Company beginning January 1, 1995, plus the billing process expenses which are fixed at a
certain amount per record. On December 11, 2008, the Company and Indosat agreed to implement IDD service charge tariff which already takes into account the compensation of its
billing and collection. The agreement is valid and effective starting on January to December 2012, and can be applied until a new Minutes of Agreement becomes available.
