Perusahaan Perseroan (Persero)
PT Telekomunikasi Indonesia Tbk and its subsidiaries
Consolidated financial statements as of March 31, 2020 (unaudited) and for the three months period then ended (unaudited)
PERUSAHAAN PESEROAN (PERSERO)
PT TELEKOMUNIKASI INDONESIA Tbk. AND ITS SUBSIDIARIES
CONSOLIDATED FINANCIAL STATEMENTS
AS OF MARCH 31, 2020 AND FOR THE THREE MONTHS PERIOD THEN ENDED
(UNAUDITED)
TABLE OF CONTENTS
Page | |
Statement of the Board of Directors | |
Consolidated Statement of Financial Position | 1 |
Consolidated Statement of Profit or Loss and Other Comprehensive Income | 2 |
Consolidated Statement of Changes in Equity | 3-4 |
Consolidated Statement of Cash Flows | 5 |
Notes to the Consolidated Financial Statements | 6-128 |
These consolidated financial statements are originally issued in the Indonesian language.
PERUSAHAAN PERSEROAN (PERSERO)
PT TELEKOMUNIKASI INDONESIA Tbk. AND ITS SUBSIDIARIES
CONSOLIDATED STATEMENT OF FINANCIAL POSITION
As of March 31, 2020 (unaudited) and December 31, 2019 (audited) (Figures in tables are expressed in billions of Rupiah, unless otherwise stated)
Notes | March 31, 2020 | December 31, 2019 | |
ASSETS | |||
CURRENT ASSETS | |||
Cash and cash equivalents | 2c,2e,2u,3,33,38 | 24,365 | 18,242 |
Other current financial assets | 2c,2e,2u,4,33,38 | 1,234 | 554 |
Trade receivables - net provision for impairment of receivables | 2g,2u,2ae,5,38 | ||
Related parties | 2c,33 | 2,435 | 1,792 |
Third parties | 12,489 | 10,005 | |
Contract assets | 2r,2u,2ae,6,38 | 748 | - |
Other receivables - net of provision for impairment of receivables | 2g,2u,38 | 176 | 292 |
Inventories - net provision for obsolescence | 2h,7 | 681 | 585 |
Assets held for sale | 2j,11 | 39 | 39 |
Contract cost | 2r,2ae,9 | 342 | - |
Prepaid taxes | 2t,28a | 2,702 | 2,569 |
Claim for tax refund | 2t,28b | 914 | 992 |
Other current assets | 2c,2i,2m,8,33 | 4,839 | 6,652 |
Total Current Assets | 50,964 | 41,722 | |
NON-CURRENT ASSETS | |||
Long-term investments | 2f,2u,10 | 2,059 | 1,944 |
Property and equipment - net of accumulated depreciation | 2l,2m,2ab,11,36 | 153,575 | 156,973 |
Right of use assets | 2m,2ae,12 | 19,980 | - |
Intangible assets - net of accumulated amortization | 2d,2k,2n,2ab,14 | 6,391 | 6,446 |
Deferred tax assets - net | 2t,2ae,28f | 2,824 | 2,898 |
Contract assets | 2r,2u,2ae,6,38 | 327 | - |
Contract cost | 2r,2ae,9 | 757 | - |
Other non-current assets | 2c,2g,2i,2n,2t,2u,13,28,33,38 | 5,037 | 11,225 |
Total Non-Current Assets | 190,950 | 179,486 | |
TOTAL ASSETS | 241,914 | 221,208 | |
LIABILITIES AND EQUITY | |||
CURRENT LIABILITIES | |||
Trade payables | 2o,2u,15,38 | ||
Related parties | 2c,33 | 691 | 819 |
Third parties | 12,957 | 13,078 | |
Other payables | 2u,38 | 733 | 449 |
Taxes payable | 2t,28c | 4,278 | 3,431 |
Accrued expenses | 2c,2u,16,33,38 | 14,854 | 13,736 |
Unearned income - current | 2r | 666 | 7,352 |
Contract liabilities | 17a | 6,748 | - |
Advances from customers | 2c,33 | 2,194 | 1,289 |
Short-term bank loans | 2c,2p,2u,18a,33,38 | 8,624 | 8,705 |
Current maturities of long-term borrowings | 2c,2m,2p,2u,2v,18b,33,38 | 12,301 | 9,510 |
Total Current Liabilities | 64,046 | 58,369 | |
NON-CURRENT LIABILITIES | |||
Deferred tax liabilities - net | 2t,2ae,28f | 1,008 | 1,230 |
Unearned income - net of current portion | 2r | - | 803 |
Contract liabilities | 2r,2ae,17b | 823 | - |
Long service award provisions | 2s,32 | 1,094 | 1,066 |
Pension benefits and other post-employment | |||
benefits obligations | 2s,31 | 8,230 | 8,078 |
Long-term borrowings - net of current maturities | 2c,2m,2p,2u,2v,19,33,38 | 39,503 | 33,869 |
Other liabilities | 2o,2u | 663 | 543 |
Total Non-Current Liabilites | 51,321 | 45,589 | |
TOTAL LIABILITIES | 115,367 | 103,958 | |
EQUITY | |||
Capital stock | 1c,21 | 4,953 | 4,953 |
Additional paid-in capital | 2w,22 | 2,711 | 2,711 |
Other equity | 2f,2u,23 | 779 | 408 |
Retained earnings | |||
Appropriated | 30 | 15,337 | 15,337 |
Unappropriated | 82,667 | 76,152 | |
Net equity attributable to: | |||
Owners of the parent company | 106,447 | 99,561 | |
Non-controlling interest | 2b,20 | 20,100 | 17,689 |
TOTAL EQUITY | 126,547 | 117,250 | |
TOTAL LIABILITIES AND EQUITY | 241,914 | 221,208 |
These consolidated financial statements are originally issued in the Indonesian language.
PERUSAHAAN PERSEROAN (PERSERO)
PT TELEKOMUNIKASI INDONESIA Tbk. AND ITS SUBSIDIARIES
CONSOLIDATED STATEMENT OF PROFIT OR LOSS AND COMPREHENSIVE INCOME
For the Three Months Period Ended March 31, 2020 and 2019 (unaudited) (Figures in tables are expressed in billions of Rupiah, unless otherwise stated)
Notes | |||
REVENUES | 2c,2r,24,33 | 34,194 | 34,840 |
Operation, maintenance and telecommunication service expenses | 2c,2r,26,33 | (8,252) | (10,709) |
Depreciation and amortization expenses | 2k,2l,2m,11,12,14 | (6,849) | (5,642) |
Personnel expenses | 2c,2r,2s,25,33 | (3,451) | (3,132) |
Interconnection expenses | 2c,2r,33 | (1,519) | (1,268) |
General and administrative expenses | 2c,2r,27,33 | (1,572) | (1,294) |
Marketing expenses | 2c,2r,33 | (641) | (907) |
Gains (losses) on foreign exchange - net | 2q | 205 | (45) |
Other income (expenses) - net | 2l,2r | (186) | 186 |
OPERATING PROFIT | 11,929 | 12,029 | |
Finance income | 2c,33 | 219 | 276 |
Finance cost | 2c,2p,2r,33 | (1,215) | (996) |
Share of profit (loss) of associated companies - net | 2f,10 | (9) | 20 |
PROFIT BEFORE INCOME TAX | 10,924 | 11,329 | |
INCOME TAX (EXPENSE) BENEFIT | 2t,2ae,28 | ||
Current | (2,831) | (2,849) | |
Deferred | 208 | 24 | |
(2,623) | (2,825) | ||
PROFIT FOR THE PERIOD | 8,301 | 8,504 | |
OTHER COMPREHENSIVE INCOME | |||
Other comprehensive income to be reclassified to profit | |||
or loss in subsequent periods: | |||
Foreign currency translation | 2f,2q,23 | 419 | (26) |
Change in fair value of available-for-sale financial assets | 2u,23 | - | 3 |
Share of other comprehensive income of associated companies | 2f,10 | 4 | (4) |
Other comprehensive income not to be reclassified to profit | |||
or loss in subsequent periods: | |||
Defined benefit actuarial gains (losses) - net | 2s,31 | - | - |
Other comprehensive income (losses) - net | 423 | (27) | |
TOTAL COMPREHENSIVE INCOME FOR THE PERIOD | 8,724 | 8,477 | |
Profit for the period attributable to: | |||
Owners of the parent company | 5,862 | 6,224 | |
Non-controlling interests | 2b,20 | 2,439 | 2,280 |
8,301 | 8,504 | ||
Total comprehensive income for the period attributable to: | |||
Owners of the parent company | 6,285 | 6,197 | |
Non-controlling interests | 2b | 2,439 | 2,280 |
8,724 | 8,477 | ||
BASIC EARNING PER SHARE | |||
(in full amount) | 2x,29 | ||
Net income per share | 59.17 | 62.83 | |
Net income per ADS (100 Series B shares per ADS) | 5,917.49 | 6,282.92 |
2020
2019
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Disclaimer
PT Telekomunikasi Indonesia (Persero) Tbk published this content on 30 June 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 30 June 2020 07:38:01 UTC