Trade Accounts Financial Report | Smartfren

PT SMARTFREN TELECOM Tbk DAN ENTITAS ANAK Catatan atas Laporan Keuangan Konsolidasian 30 September 2015 Tidak Diaudit dan 31 Desember 2014 dan 2013 Disajikan Kembali dan untuk Periode Sembilan Bulan yang Berakhir 30 September 2015 dan 2014 Tidak Diaudit Angka-angka Disajikan dalam Rupiah, kecuali Dinyatakan Lain PT SMARTFREN TELECOM Tbk AND ITS SUBSIDIARIES Notes to Consolidated Financial Statements September 30, 2015 Unaudited and December 31, 2014 and 2013 as Restated and For the Nine-Month Periods Ended September 30, 2015 and 2014 Unaudited Figures are Presented in Rupiah, unless Otherwise Stated - 56 - 30 September 2015 31 Desember 2014 September 30, 2015 December 31, 2014 Operator dalam negeri Domestic operators PT Bakrie Telecom Tbk 1.204.730.625 808.318.826 PT Bakrie Telecom Tbk Lain-lain 300.242.966 1.164.821.800 Others Jumlah 1.504.973.591 1.973.140.626 Subtotal Operator luar negeri Overseas operators Citic Telecom 1616 LTD 1.327.505.160 813.950.444 Citic Telecom 1616 LTD China Telecom 880.377.836 1.141.417.023 China Telecom Lain-lain 156.614.148 143.245.235 Others Jumlah 2.364.497.144 2.098.612.702 Subtotal Jumlah 149.978.208.889 244.963.880.986 Total Cadangan kerugian penurunan nilai 46.147.159.874 44.249.186.810 Allowance for impairment loss Pihak ketiga - Bersih 103.831.049.015 200.714.694.176 Third parties - Net Bersih 106.723.689.007 208.091.942.886 Net b. Berdasarkan Umur b. By Age 30 September 2015 31 Desember 2014 September 30, 2015 December 31, 2014 Pihak berelasi Catatan 41 Related parties Note 41 Belum jatuh tempo dan tidak mengalami penurunan nilai 191.882.425 148.213.287 Not past due and unimpaired Jatuh tempo namun tidak mengalami penurunan nilai Past due but unimpaired 1 - 30 hari 273.474.160 1.646.633.140 1 - 30 days 31 - 60 hari 15.098.400 1.622.700.755 31 - 60 days 61 - 90 hari - 571.917.871 61 - 90 days 91 - 120 hari 654.545 531.221.630 91 - 120 days 120 hari 2.411.530.462 2.856.562.027 More than 120 days Jumlah 2.892.639.992 7.377.248.710 Subtotal Pihak ketiga Third parties Belum jatuh tempo dan mengalami penurunan nilai 70.298.600.455 165.697.941.784 Not past due and impaired Jatuh tempo dan mengalami penurunan nilai Past due and impaired 1 - 30 hari 17.206.355.558 16.763.011.286 1 - 30 days 31 - 60 hari 8.975.288.177 6.112.083.388 31 - 60 days 61 - 90 hari 659.655.537 4.258.060.338 61 - 90 days 91 - 120 hari 465.777.435 270.457.881 91 - 120 days 120 hari 6.225.371.853 7.613.139.499 More than 120 days Jumlah 103.831.049.015 200.714.694.176 Subtotal Jumlah 106.723.689.007 208.091.942.886 Total PT SMARTFREN TELECOM Tbk DAN ENTITAS ANAK Catatan atas Laporan Keuangan Konsolidasian 30 September 2015 Tidak Diaudit dan 31 Desember 2014 dan 2013 Disajikan Kembali dan untuk Periode Sembilan Bulan yang Berakhir 30 September 2015 dan 2014 Tidak Diaudit Angka-angka Disajikan dalam Rupiah, kecuali Dinyatakan Lain PT SMARTFREN TELECOM Tbk AND ITS SUBSIDIARIES Notes to Consolidated Financial Statements September 30, 2015 Unaudited and December 31, 2014 and 2013 as Restated and For the Nine-Month Periods Ended September 30, 2015 and 2014 Unaudited Figures are Presented in Rupiah, unless Otherwise Stated - 57 - c. Berdasarkan Mata Uang c. By Currency 30 September 2015 31 Desember 2014 September 30, 2015 December 31, 2014 Rupiah 147.779.262.112 244.975.307.909 Rupiah Dolar Amerika Serikat Catatan 42 5.091.586.769 7.365.821.787 U.S. Dollar Note 42 Jumlah 152.870.848.881 252.341.129.696 Total Cadangan kerugian penurunan nilai 46.147.159.874 44.249.186.810 Allowance for impairment loss Bersih 106.723.689.007 208.091.942.886 Net Mutasi cadangan kerugian penurunan nilai piutang adalah sebagai berikut: The changes in allowance for impairment are as follows: 30 September 2015 31 Desember 2014 September 30, 2015 December 31, 2014 Saldo awal Beginning balance Perusahaan 32.836.040.819 30.881.670.719 Company Anak perusahaan 11.413.145.991 10.146.521.571 Subsidiary Penambahan Catatan 34 Additions Note 34 Perusahaan 714.281.734 1.954.370.100 Company Anak perusahaan 1.183.691.330 1.266.624.420 Subsidiary Saldo akhir 46.147.159.874 44.249.186.810 Ending balance Manajemen berpendapat bahwa jumlah penyisihan kerugian penurunan nilai piutang adalah cukup untuk menutup kerugian yang mungkin timbul akibat tidak tertagihnya piutang dagang. Management believes that the allowance for impairment is adequate to cover possible losses which might arise from uncollectible trade accounts receivable. Manajemen juga berpendapat bahwa tidak terdapat risiko yang terkonsentrasi secara signifikan atas piutang usaha pihak ketiga. Management believes that there are no significant concentrations of credit risk on trade accounts receivable from third parties. Pada tanggal 30 September 2015 dan 31 Desember 2014, piutang usaha Entitas anak digunakan sebagai jaminan atas perolehan pinjaman dari China Development Bank CDB adalah masing-masing sebesar Rp 771.671.205.845 dan Rp 672.263.561.241 Catatan 21. As of September 30, 2015 and December 31, 2014, trade accounts receivable of the subsidiary amounting to Rp 771,671,205,845 and Rp 672,263,561,241, espectively are used as collateral for the loan obtained from China Development Bank CDB Note 21. PT SMARTFREN TELECOM Tbk DAN ENTITAS ANAK Catatan atas Laporan Keuangan Konsolidasian 30 September 2015 Tidak Diaudit dan 31 Desember 2014 dan 2013 Disajikan Kembali dan untuk Periode Sembilan Bulan yang Berakhir 30 September 2015 dan 2014 Tidak Diaudit Angka-angka Disajikan dalam Rupiah, kecuali Dinyatakan Lain PT SMARTFREN TELECOM Tbk AND ITS SUBSIDIARIES Notes to Consolidated Financial Statements September 30, 2015 Unaudited and December 31, 2014 and 2013 as Restated and For the Nine-Month Periods Ended September 30, 2015 and 2014 Unaudited Figures are Presented in Rupiah, unless Otherwise Stated - 58 - 6. Persediaan 6. Inventories 30 September 2015 31 Desember 2014 September 30, 2015 December 31, 2014 Telepon genggam dan aksesoris 539.583.701.350 428.315.422.597 Handsets and accessories Kartu perdana dan voucher pulsa isi ulang 6.780.963.648 11.227.967.920 Starter packs and vouchers Jumlah 546.364.664.998 439.543.390.517 Total Penyisihan penurunan nilai persediaan 24.092.875.602 20.355.939.174 Allowance for decline in value Bersih 522.271.789.396 419.187.451.343 Net Mutasi penyisihan penurunan nilai persediaan adalah sebagai berikut: The changes in allowance for decline in value are as follows: 30 September 2015 31 D esember 2014 Septem ber 30, 2015 December 31, 2014 Balance at the beginning of the Saldo aw al tahun 20.355.939.174 2.385.304.777 year Penambahan 3.736.936.428 17.970.634.397 Provision Saldo akhir tahun 24.092.875.602 20.355.939.174 Balance at the end of the year Manajemen berpendapat bahwa penyisihan penurunan nilai persediaan tersebut adalah cukup untuk menutup kerugian yang mungkin timbul. Management believes that the allowance for decline in value of inventories is adequate to cover possible losses on decline in value of inventories. Biaya pembelian persediaan diakui sebagai “Beban lain-lain” dalam laporan rugi komprehensif adalah masing-masing sebesar Rp 1.040.998.939.120 dan Rp 3.252.318.247.852 untuk periode sembilan bulan yang berakhir pada 30 September 2015 dan 2014. The cost of inventory purchased recognized as “Other expenses” in the consolidated statements of comprehensive loss amounted to Rp 1,040,998,939,120 and Rp 3,252,318,247,852 for the nine-month periods ended September 30, 2015 and 2014, respectively. Pada tanggal 30 September 2015, seluruh persediaan telah diasuransikan kepada PT Asuransi Asoka Mas, PT Asuransi Indrapura, PT Asuransi Wahana Tata, PT Asuransi AXA Indonesia dan PT Asuransi Cakrawala Proteksi Indonesia, pihak ketiga dengan nilai pertanggungan sebesar Rp 267.642.648.674 terhadap risiko kebakaran, bencana alam, dan risiko keuangan lainnya. Pada tanggal 31 Desember 2014, seluruh persediaan telah diasuransikan kepada PT Asuransi Sinar Mas, pihak berelasi, PT Asuransi Asoka Mas dan PT Asuransi Ekspor Indonesia, pihak ketiga dengan nilai pertanggungan sebesar Rp 319.128.858.007 terhadap risiko kebakaran, bencana alam, dan risiko keuangan lainnya. Nilai pertanggungan persediaan tersebut termasuk As of September 30, 2015, inventories are insured with PT Asuransi Asoka Mas, PT Asuransi Indrapura, PT Asuransi Wahana Tata, PT Asuransi AXA Indonesia dan PT Asuransi Cakrawala Proteksi Indonesia, third parties, with total coverage of Rp 267,642,648,674, against fine, natural disaster, and other possible risk. As of December 31, 2014, inventories are insured with PT Asuransi Sinar Mas, a related party, PT Asuransi Asoka Mas and PT Asuransi Ekspor Indonesia, third parties, with total coverage of Rp 319,128,858,007, against fine, natural disaster, and other possible risk. Insurance coverage for inventory is included in property insurance of the Company and its subsidiary Note 10. PT SMARTFREN TELECOM Tbk DAN ENTITAS ANAK Catatan atas Laporan Keuangan Konsolidasian 30 September 2015 Tidak Diaudit dan 31 Desember 2014 dan 2013 Disajikan Kembali dan untuk Periode Sembilan Bulan yang Berakhir 30 September 2015 dan 2014 Tidak Diaudit Angka-angka Disajikan dalam Rupiah, kecuali Dinyatakan Lain PT SMARTFREN TELECOM Tbk AND ITS SUBSIDIARIES Notes to Consolidated Financial Statements September 30, 2015 Unaudited and December 31, 2014 and 2013 as Restated and For the Nine-Month Periods Ended September 30, 2015 and 2014 Unaudited Figures are Presented in Rupiah, unless Otherwise Stated - 59 - dalam asuransi properti Grup Catatan 10. Manajemen berpendapat bahwa nilai pertanggungan tersebut cukup untuk menutupi kemungkinan kerugian atas aset yang diasuransikan. Management believes that the insurance coverage is adequate to cover possible losses on the assets insured. Pada tanggal 30 September 2015 dan 31 Desember 2014, nilai persediaan masing- masing sebesar nihil dan Rp 273.806.200.406 milik entitas anak digunakan sebagai jaminan atas perolehan pinjaman dari CDB namun tidak dibatasi penggunaannya Catatan 21. As of September 30, 2015 and December 31, 2014, the inventories, amounting to nil and Rp 273,806,200,406, respectively, owned by one of the subsidiaries, are used as collateral for the loan obtained from CDB but the usage is not restricted Note 21.

7. Pajak Dibayar Dimuka

7. Prepaid Taxes

30 September 2015 31 Desember 2014 September 30, 2015 December 31, 2014 Pajak penghasilan Income tax Pasal 22 15.629.936.000 85.260.011.000 Article 22 Pasal 23 119.067.679 130.260.317 Article 23 Pasal 28A Article 28A 2014 85.371.190.738 - 2014 2013 199.132.840 50.431.875.814 2013 Pajak pertambahan nilai - bersih 146.783.313.464 34.227.959.243 Value added tax - net Jumlah 248.102.640.721 170.050.106.374 Total Perusahaan The Company Pada tanggal 30 Juni 2015, Perusahaan menerima Surat Ketetapan Pajak Kurang Bayar SKPKB PPN untuk masa Januari sampai dengan November 2012 yang menyatakan total kurang bayar dan sanksi administrasi dengan total sebesar Rp 837.502.040. Kurang bayar ini dikompensasikan sebesar Rp 115.328.291 dengan Surat Perintah Membayar Kelebihan Pajak SPMKP atas Surat Ketetapan Pajak Lebih Bayar SKPLB Pajak Penghasilan Badan tahun pajak 2013 tertanggal 27 Juli 2015 Catatan 37 dan sisanya telah dilunasi pada tanggal 30 Juli 2015. On June 30, 2015, the Company received Underpayment Tax Assessment Letter SKPKB for January to November 2012 value added tax which stated underpayment and administrative fines totally amounted to Rp 837,502,040. This underpayment was compensated amounting Rp 115,328,291 with Tax Overpayment Refund Order SPMKP upon Overpaid Tax Assessment Letter SKPLB of 2013 corporate income tax dated July 27, 2015 Note 37 and the remaining amount was paid on July 30, 2015. Pada tanggal 28 Maret 2014, Perusahaan menerima Surat Ketetapan Pajak Lebih Bayar SKPLB No. 000154071205414 Pajak Pertambahan Nilai untuk masa pajak Desember 2012 yang menyatakan lebih bayar Pajak Pertambahan Nilai Barang dan Jasa sebesar Rp 108.693.342.657. Lebih bayar ini dikompensasikan dengan Surat Ketetapan Pajak Kurang Bayar SKPKB PPN dan Surat Tagihan Pajak STP untuk jenis pajak PPN dan Pajak On March 28, 2014, the Company received Overpayment Tax Assessment Letter SKPLB No. 000154071205414 for December 2012 Value Added Tax, which stated that the Company has tax overpayment amounted to Rp 108,693,342,657. This overpayment was compensated with Underpayment Tax Assessment Letter SKPKB of Value Added Tax and Tax Collection Letter STP value added tax and Article 23 totaling to Rp 156,725,763,