CAPITAL STOCK continued 2011 Telekomunikasi Indonesia Eng

PERUSAHAAN PERSEROAN PERSERO PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS AS OF DECEMBER 31, 2012 AND FOR THE YEAR THEN ENDED WITH COMPARATIVE FIGURES AS OF DECEMBER 31, 2011 AND FOR THE YEAR THEN ENDED AND AS OF JANUARY 1, 2011 Figures in tables are presented in billions of Rupiah, unless otherwise stated 69

26. REVENUES continued

The details of net revenues received by the Company and subsidiaries from agency relationships in 2012 and 2011 are as follows: 2012 2011 Gross revenues 15,059 11,948 Compensation to value added service providers 202 1,208 Net revenues 14,857 10,740 Refer to Note 37 for details of related party transactions. 27. PERSONNEL EXPENSES 2012 2011 Vacation pay, incentives and other benefits 3,400 2,814 Salaries and related benefits 3,257 3,001 Employees’ income tax 1,022 1,043 Net periodic pension costs Note 34 789 501 Early retirement program Note 14 699 517 Housing 200 197 LSA expense Note 35 121 96 Net periodic post-retirement health care benefits costs Note 36 90 199 Insurance 83 70 Other post-retirement benefits costs Note 34 65 65 Others each below Rp50 billion 60 52 Total 9,786 8,555 Refer to Note 37 for details of related party transactions. 28. OPERATIONS, MAINTENANCE AND TELECOMMUNICATION SERVICES EXPENSES 2012 2011 Operations and maintenance 9,012 9,191 Radio frequency usage charges Notes 41c.i and 41c.iii 3,002 2,846 Concession fees and Universal Service Obligation charges 1,452 1,235 Electricity, gas and water 879 836 Cost of phone, set top box, SIM and RUIM cards 687 879 Insurance 671 431 Leased lines and CPE 407 406 Vehicles rental and supporting facilities 293 291 Cost of IT services 222 144 Travelling expenses 57 54 Others each below Rp50 billion 121 59 Total 16,803 16,372 Refer to Note 37 for details of related party transactions. PERUSAHAAN PERSEROAN PERSERO PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS AS OF DECEMBER 31, 2012 AND FOR THE YEAR THEN ENDED WITH COMPARATIVE FIGURES AS OF DECEMBER 31, 2011 AND FOR THE YEAR THEN ENDED AND AS OF JANUARY 1, 2011 Figures in tables are presented in billions of Rupiah, unless otherwise stated 70

29. GENERAL AND ADMINISTRATIVE EXPENSES 2012

2011 Provision for impairment of receivables and inventory obsolescence Notes 5d and 6 915 883 General expenses 527 326 Collection expenses 341 327 Travelling 259 256 Training, education and recruitment 259 229 Professional fees 187 235 Social contribution 129 290 Meetings 105 86 Security and screening 62 97 Stationery and printing 55 53 Others each below Rp50 billion 197 153 Total 3,036 2,935 Refer to Note 37 for details of related party transactions. 30. INTERCONNECTION EXPENSES 2012 2011 Domestic interconnection and transit 3,464 2,414 International interconnection 1,203 1,141 Total 4,667 3,555 Refer to Note 37 for details of related party transactions.

31. TAXATION

a. Claims for tax refund 2012 2011 Subsidiaries Import duties 10 - Corporate income tax 18 23 Income tax Article 23 - Withholding tax on services delivery 9 8 Value added tax “VAT” 399 340 436 371