-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, HuY66Ti8mv8QLNWZYdlHoFZiCGN6y/DsZ1aV2IOjaCQNDSHbtmDfRnbOiV5y8hp3 nO+r30gTlpGda6PL6x2Vcw== 0000950123-10-035370.txt : 20100416 0000950123-10-035370.hdr.sgml : 20100416 20100416061041 ACCESSION NUMBER: 0000950123-10-035370 CONFORMED SUBMISSION TYPE: 6-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20100414 FILED AS OF DATE: 20100416 DATE AS OF CHANGE: 20100416 FILER: COMPANY DATA: COMPANY CONFORMED NAME: PERUSAHAAN PERSEROAN PERSERO PT TELEKOMUNIKASI INDONESIA TBK CENTRAL INDEX KEY: 0001001807 STANDARD INDUSTRIAL CLASSIFICATION: TELEPHONE COMMUNICATIONS (NO RADIO TELEPHONE) [4813] IRS NUMBER: 999999999 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 6-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-14406 FILM NUMBER: 10753416 6-K 1 u00559e6vk.htm PT TELEKOMUNIKASI INDONESIA - FORM 6-K PT TELEKOMUNIKASI INDONESIA - FORM 6-K
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 6-K
REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13 a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934
For the month of April, 2010
Perusahaan Perseroan (Persero)
PT TELEKOMUNIKASI INDONESIA
 
(Translation of registrant’s name into English)
Jalan Japati No. 1 Bandung-40133 INDONESIA
 
(Address of principal executive office)
[Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.]
Form 20-F þ Form 40-F o
[Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934]
Yes o No þ
[If “yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82- ]
 
 

 


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SIGNATURES


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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on behalf by the undersigned, thereunto duly authorized.
             
    Perusahaan Perseroan (Persero)    
    PT TELEKOMUNIKASI INDONESIA    
 
           
         
 
      (Registrant)    
 
           
Date April 14, 2010
  By   /s/ Agus Murdiyatno
 
   
 
      (Signature)    
 
           
 
      Agus Murdiyatno    
 
      VP Investor Relations/ Corporate Secretary    

 


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PRESS RELEASE
TEL.50/PR000/COP-A0070000/2010
Reporting Revenue on Gross Basis
“Telkom Adopts BAS 7 and EITF 99-19, Reporting Revenue on Gross Basis, and has been Reflected in Its 2009 Income Statement
Telkom has been adopting BAS 7 (Buletin Akuntansi Staf Bapepam No. 7) / EITF 99-19 “Reporting Revenue Gross as a Principal versus Net as an Agent” as stipulated by Bapepam staff and FASB. The adoption mainly applies to certain transactions related to the sale of customer premise equipment, product bundling, and third party partnership on certain products. As a matter of practice, management performs the adjustment to comply with those standards at year end closing. Up to 2008, the value impact of those regulations was insignificant and management decided that there were no adjustments required.
As a result of the year end closing adjustment, the 2009 quarterly income statement data, which has been published in the Q1/09 to Q3/09 Info Memo and presented in net revenue basis, should not be compared directly to the Q4/09 figure which was presented using gross revenue basis.
To assist the investors, we present the income statements figure (Q1-Q4/2009) using gross revenue basis as follow:
                                                                                 
Report : Gross                                                   YoY   Q3 to Q4 2009
in Rp. Bn   FY 2008   Q1 2009   Q2 2009   Q3 2009   Q4 2009   FY 2009   Change   Growth   Change   Growth
Operating Revenue
    60,690       14,791       16,020       16,630       17,156       64,597       3,907       6.4 %     526       3.2 %
Operating Expense
    38,382       9,502       9,731       10,253       12,508       41,993       3,611       9.4 %     2,255       22.0 %
Personnel
    9,117       1,905       1,866       1,971       2,791       8,533       (583 )     -6.4 %     820       41.6 %
O&M
    12,218       3,377       3,210       3,623       4,373       14,582       2,364       19.3 %     750       20.7 %
G&A
    3,629       841       1,033       962       1,216       4,053       424       11.7 %     254       26.3 %
Marketing
    2,350       415       537       543       765       2,259       (90 )     -3.8 %     222       40.9 %
Depreciation
    11,070       2,965       3,084       3,154       3,363       12,566       1,496       13.5 %     210       6.6 %
Operating Income
    22,307       5,288       6,289       6,377       4,649       22,603       295       1.3 %     (1,728 )     -27.1 %
EBITDA
    34,621       8,570       9,684       9,883       8,423       36,560       1,939       5.6 %     (1,460 )     -14.8 %
Net Income
    10,619       2,458       3,586       3,257       2,032       11,332       713       6.7 %     (1,225 )     -37.6 %
Note:
2008 figures were not adjusted due to insignificant gross-net discrepancy, inline with the 2009 audited financial report.
As shown in the above table, the gross revenue reporting only impact to the increase of both Operating Revenue and O&M Expenses. The Operating Income, EBITDA, and Net Income were not impacted.
Starting Q1/2010, Telkom will present the quarterly report on gross basis.
O&M Expenses Increase in Q4/2009
The O&M expenses increase by Rp750 billion or 20.7% from Rp3,623 billion in Q3/2009 to Rp4,373 billion in Q4/2009. The increase was mainly due to:
1.   Non recurring expenses (one off expenses) incurred in Q4/2009 amounted to Rp326 billion (Additional Flexi frequency spectrum fee Rp285 billion, and post earthquake power supply expenses Rp41 billion);
 
2.   Recurring expenses amounted to Rp424 billion (e.g., spectrum fee, electricity, base station operation & maintenance, building services).

 


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AGUS MURDIYATNO
Vice President Investor Relations/Corporate Secretary
For further information, please contact:
Investor Relations / Corporate Secretary
PT TELEKOMUNIKASI INDONESIA, Tbk
Tel:
               62-21-5215109
Fax:
               62-21-5220500
Email:investor@telkom.co.id
Website:
www.telkom.co.id
PT Telekomunikasi Indonesia, Tbk
PT Telekomunikasi Indonesia, Tbk (”TELKOM”) is the principal provider of fixed-line services in Indonesia. TELKOM’s majority-owned subsidiary, Telkomsel, is also the largest Indonesian mobile cellular operator, as measured by subscribers and revenues. The Company also provided a wide range of other telecommunications services including interconnection, network, data and internet services, and other telecommunications services. TELKOM’s shares are listed in the Indonesia Stock Exchange (IDX: TLKM), and its American Depository shares are listed in the New York Stock Exchange (NYSE: TLK) and London Stock Exchage (LSE:TKIA).

 

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