SIGNIFICANT COMMITMENTS AND AGREEMENTS continued SIGNIFICANT COMMITMENTS AND AGREEMENTS continued c. Others continued

PERUSAHAAN PERSEROAN PERSERO PT TELEKOMUNIKASI INDONESIA Tbk AND ITS SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS As of December 31, 2015 and for the Year Then Ended Figures in tables are expressed in billions of Rupiah, unless otherwise stated 122

39. SIGNIFICANT COMMITMENTS AND AGREEMENTS continued c. Others continued

iv USO continued Based on MoCI Decree No. 32PERM.KOMINFO102008 dated October 10, 2008 as amended by Decree No. 03PERM.KOMINFO22010 dated February 1, 2010 which replaced MoCI Decree No. 11PERM.KOMINFO042007 dated April 13, 2007 and MoCI Decree No. 38PERM.KOMINFO92007 dated September 20, 2007, it is stipulated that, among others, in providing telecommunication access and services in rural areas USO Program, the provider is determined through a selection process by Balai Telekomunikasi dan Informatika Pedesaan PERUSAHAAN PERSEROAN PERSERO PT TELEKOMUNIKASI INDONESIA Tbk AND ITS SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS As of December 31, 2015 and for the Year Then Ended Figures in tables are expressed in billions of Rupiah, unless otherwise stated

123

39. SIGNIFICANT COMMITMENTS AND AGREEMENTS continued

c. Others continued iv USO continued b. Telkomsel continued On March 31, 2014, the USO program for packages 1, 2, 3, 6 and 7 ceased. As of September 18, 2014, Telkomsel filed an arbitration claim to BANI for the settlement of the outstanding receivable from BPPPTI. On October 23, 2015, BANI decided that Telkomsel should pay the outstanding receivables from those USO program to BPPPTI amounting to Rp94.2 billion. Telkomsel accepted the decision and paid the balance in December 2015. For the years ended December 31, 2015 and 2014, the Company and Telkomsel recognized the following amounts: 2015 2014 Revenues Construction - 1 Operation of telecommunication service center - 180 Profits Losses Construction - Operation of telecommunication service center 396 139 As of December 31, 2015 and 2014, the Company PERUSAHAAN PERSEROAN PERSERO PT TELEKOMUNIKASI INDONESIA Tbk AND ITS SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS As of December 31, 2015 and for the Year Then Ended Figures in tables are expressed in billions of Rupiah, unless otherwise stated

124

40. CONTINGENCIES continued

On July 23, 2015, KPPU filed an appeal to the SC regarding the case of SMS cartel practices.As of the date of approval and authorization for the issuance of the consolidated financial statements, there has not been any notification on the case from the SC. b. The Company is a defendant in a case filed in Makassar District Court by Andi Jindar Pakki and his affiliates over a land property at Jl. A.P. Pettarani. On May 8, 2013, the court pronounced its verdict and ordered the Company to pay fair compensation or to vacate and surrender the disputed land to the plaintiffs. On May 20, 2013, the Company filed an appeal to the Makassar High Court. In December 2013, the Makassar High Court pronounced its verdict that was favorable to the plaintiffs and the Company filed an appeal to the Supreme Court. On January 9, 2015, the Company received the SC Notice No. 226Pdt.G2012PN.Mks. regarding the case in which rejected the Company PERUSAHAAN PERSEROAN PERSERO PT TELEKOMUNIKASI INDONESIA Tbk AND ITS SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS As of December 31, 2015 and for the Year Then Ended Figures in tables are expressed in billions of Rupiah, unless otherwise stated 125

41. ASSETS AND LIABILITIES DENOMINATED IN FOREIGN CURRENCIES continued

December 31, 2014 Rupiah U.S. dollar Japanese yen Others equivalent in millions in millions in millions in billions As restated As restated Assets Cash and cash equivalents 364.47 8.45 15.59 4,721 Other current financial assets 15.50 - - 193 Trade receivables Related parties 2.05 - - 26 Third parties 85.00 - 2.83 1,088 Other receivables 0.39 - 0.11 6 Advances and other non-current assets 4.06 - 0.05 52 Total assets 471.47 8.45 18.58 6,086 Liabilities Trade payables Related parties 0.21 - 0.16 5 Third parties 228.03 19.36 3.41 2,878 Other payables 3.42 - 1.15 57 Accrued expenses 65.91 27.39 1.02 836 Short-term bank loan 100.00 - - 1,244 Advances from customers and suppliers 2.41 - 0.07 31 Current maturities of long-term liabilities 34.60 767.90 - 510 Promissory notes 7.16 - - 88 Long-term liabilities - net of current maturities 71.00 6,911.08 - 1,597 Total liabilities 512.74 7,725.73 5.81 7,246 Assets Liabilities - net 41.27 7,717.28 12.77 1,160 Assets and liabilities denominated in other foreign currencies are presented as U.S. dollar equivalents using the buy and sell rates quoted by Reuters prevailing at the end of the reporting period. The Group