OTHER CURRENT FINANCIAL ASSETS

12 Months Ended

Dec. 31, 2021

OTHER CURRENT FINANCIAL ASSETS

OTHER CURRENT FINANCIAL ASSETS

5.    OTHER CURRENT FINANCIAL ASSETS

The breakdown of other current financial assets is as follows:

		2020		2021
		Balance		Balance
		Foreign currency		Foreign currency
	Currency	(in millions)	Rupiah equivalent	(in millions)	Rupiah equivalent
Time deposits
Related parties
Bank Mandiri	Rp	—	180	—	160
	US$	5	70	5	71
BNI	Rp	—	60	—	20
	US$	20	278	—	—
BRI	Rp	—	120	—	—
	US$	14	197	—	—
BTN	US$	9	126	—	—
Subtotal			1,031		251
Third parties
Others (each below Rp75 billion)	Rp	—	18	—	18
	US$	5	71	5	73
Total time deposits			1,120		342
Escrow accounts	Rp	—	47	—	43
	US$	2	27	1	21
Total escrow accounts			74		64
Mutual funds
Related parties
PT Bahana TCW Investment
Management ("Bahana TCW")	Rp	—	77	—	78
Total mutual funds			77		78
Others (each below Rp75 billion)	Rp	—	—	—	9
	US$	2	32	—	—
Total others			32		9
Allowance for expected credit losses			(0)	—	(0)
Total other current financial assets			1,303		493

The time deposits have maturities of more than three months but not more than one year, with interest rates as follows:

	2020	2021
Rupiah	3.25% ‑ 6.50%	2.50% ‑ 3.75%
Foreign currency	0.15% ‑ 1.08%	0.06% ‑ 0.50%