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
109
41. SIGNIFICANT COMMITMENTS AND AGREEMENTS continued c. Others continued
vi USO continued b. Telkomsel
On January 16, 2009 and January 23, 2009, Telkomsel was selected in a tender by the Government through BTIP to provide telecommunication access and services in rural
areas USO Program for a total amount of Rp1.66 trillion, covering all Indonesian territories except Sulawesi, Maluku and Papua. Telkomsel will obtain local fixed-line
licenses and the right to use radio frequency in 2390 MHz - 2400 MHz. Subsequently, in 2010 and 2011, the agreements were amended, which amendments
cover, among other things, changing the price to Rp1.76 trillion and changing the term of payment from quarterly to monthly or quarterly. The revenue under the USO program is
Rp237 billion and Rp370 billion in 2012 and 2011, respectively, In January 2010, the Ministry granted Telkomsel operating licenses to provide local fixed-
line services under the USO program.
On December 27, 2011, Telkomsel on behalf of Konsorsium Telkomsel, a consortium which was established with Dayamitra on December 9, 2011 was selected by BPPPTI as
a provider of the USO Program in the border areas for all packages package 1 to package 13 with a total price of Rp830 billion. On such date, Telkomsel was also
selected by BPPPTI as a provider of the USO Program upgrading of “Desa Pinter” or “Desa Punya Internet” for 1, 2 and 3 packages with a total price of Rp261 billion.
On January 5, 2012 and January 9, 2012, Telkomsel on behalf of Konsorsium Telkomsel entered into agreements with BPPPTI for providing of the USO programs
Desa Pinter and in the border areas, respectively.
The agreements contain among other things the following provisions: ·
Telkomsel and Konsorsium “the Parties” will receive advances representing 15 of the total contract price. Prior to payment of the advances, the Parties should issue
bank guarantee with at least the same amount. ·
The Parties are required to : -
Issue performance bonds representing 5 of total contract price; and -
Provide end-to-end telecommunication access and services within approximately 60 months which are divided into pre-operating and operating phases.
· The Parties will receive progress payments from BPPPTI based on performance
evaluation on a monthly or quarterly basis. Dayamitra, through Telkomsel, has received the advance from BPPPTI for the USO
Program in border areas amounting to Rp113 billion net of tax. The bank guarantees for the advance and performance bonds were issued by Dayamitra. Part of the advance
amounting to Rp28 billion was recorded as part of other current assets and the remainder was recorded as part of other non-current assets.
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
110
41. SIGNIFICANT COMMITMENTS AND AGREEMENTS continued c. Others continued