Perusahaan Perseroan Persero PT Telekomunikasi Indonesia Tbk : Financial Statements (Unaudited) 2Q 2022

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

6-121

ASSETS

Notes

June 30, 2022

December 31, 2021

CURRENT ASSETS

Cash and cash equivalents

3,33,38

40,160

38,311

Other current financial assets

4,33,38

457

493

Trade receivables - net allowance for expected

credit losses

Related parties

5,33,38

1,292

961

Third parties

5,38

8,295

7,549

Contract assets - net

6,33,38

1,706

2,330

Other receivables - net

38

189

195

Inventories - net

7

1,038

779

Assets held for sale

12

6

818

Contract cost

9

608

656

Prepaid taxes

28a

1,803

2,144

Claim for tax refund

28b

596

690

Other current assets

8,33

5,270

6,351

Total Current Assets

61,420

61,277

NON-CURRENT ASSETS

Contract assets - net

6,33,38

312

143

Long-term investments in financial instruments

10,38

14,970

13,661

Long-term investments in associates

11

134

139

Contract cost

9

1,885

1,608

Property and equipment

12,33,36a

164,895

165,026

Right-of-use assets

13

16,201

18,469

Intangible assets

15

7,511

7,506

Deferred tax assets - net

28f

4,279

3,824

Other non-current assets

14,28,33,38

3,665

5,531

Total Non-current Assets

213,852

215,907

TOTAL ASSETS

275,272

277,184

LIABILITIES AND EQUITY

CURRENT LIABILITIES

Trade payables

Related parties

16,33,38

524

497

Third parties

16,38

14,490

16,673

Contract liabilities

18a,33

6,735

6,795

Other payables

38

733

609

Taxes payable

28c

4,950

3,923

Accrued expenses

17,33,38

14,685

15,885

Customer deposits

33

2,367

2,416

Short-term bank loans

19a,33,38

18,950

6,682

Current maturities of long-term borrowings

19b,33,38

9,229

9,690

Current maturities of lease liabilities

13,38

4,224

5,961

Total Current Liabilities

76,887

69,131

NON-CURRENT LIABILITIES

Deferred tax liabilities - net

28f

855

1,158

Contract liabilities

18b,33

1,364

1,283

Long service award provisions

32

1,208

1,206

Pension benefits and other post-employment

benefits obligations

31

11,745

11,563

Long-term loans and other borrowings

20,33,38

33,285

36,319

Lease liabilities

13,38

8.482

10,426

Other liabilities

767

699

Total Non-current Liabilites

57.706

62,654

TOTAL LIABILITIES

134,593

131,785

EQUITY

Capital stock

22

4,953

4,953

Additional paid-in capital

2,711

2,711

Other equity

23

9,536

9,395

Retained earnings

Appropriated

30

15,337

15,337

Unappropriated

87,704

89,250

Net equity attributable to:

Owners of the parent company

120,241

121,646

Noncontrolling interest

21

20,438

23,753

TOTAL EQUITY

140,679

145,399

TOTAL LIABILITIES AND EQUITY

275,272

277,184

REVENUES

Notes

2022

2021

24,33

71,983

69,480

COST AND EXPENSES

Operation, maintenance, and telecommunication

service expenses

26,33

(17,847)

(17,473)

Depreciation and amortization expenses

12,13,15

(16,986)

(14,698)

Personnel expenses

25

(7,526)

(7,370)

Interconnection expenses

33

(2,647)

(2,354)

General and administrative expenses

27,33

(2,820)

(2,995)

Marketing expenses

33

(1,696)

(1,529)

Unrealized gain on changes in fair value of investments

10

294

350

Other income - net

57

125

Gain on foreign exchange - net

124

79

OPERATING PROFIT

22,936

23,615

Finance income

33

441

337

Finance cost

33

(1,953)

(2,065)

Share of gain (loss) of associated companies - net

11

5

(93)

PROFIT BEFORE INCOME TAX

21,429

21,794

INCOME TAX (EXPENSE) BENEFIT

28d

Current

(4,611)

(4,734)

Deferred

737

(140)

(3,874)

(4,874)

PROFIT FOR THE PERIOD

17,555

16,920

OTHER COMPREHENSIVE INCOME (LOSS)

Other comprehensive income (loss) to be reclassified

to profit or loss in subsequent periods:

Foreign currency translation

23

141

73

Share of other comprehensive income of

long-term investment in associates

11

1

-

Other comprehensive income (loss) not to be reclassified to

profit or loss in subsequent periods:

Defined benefit actuarial loss - net

31

(1)

-

Other comprehensive income - net

141

73

TOTAL COMPREHENSIVE INCOME FOR THE PERIOD

17,696

16,993

Profit for the period attributable to:

Owners of the parent company

13,310

12,451

Non-controlling interests

21

4,245

4,469

Total comprehensive income for the period attributable to:

17,555

16,920

Owners of the parent company

13,451

12,524

Noncontrolling interests

4,245

4,469

BASIC EARNING PER SHARE

17,696

16,993

(in full amount)

29

Net income per share

134.36

125.69

Net income per ADS (100 Series B shares per ADS)

13,436.00

12,568.87