The right to affordable telecommunication is the fundamental right of every human being. With the rapidly growing wireless telecommunication technology, the world is truly becoming a global village. Affordable wireless telephony is bringing human beings closer, increasing the ability to instantly access information from the internet, generating new business opportunities and improving the quality of life of everyone. However, the fact remains that only one in five Indonesians owns a telephone as the result of tariff rates that are one of the highest in the world. Through our consumer-focused innovative disruptions, we strive to enable every Indonesian to fully enjoy their right to affordable telephony and vastly improve their standards of living.

a couple in love can stay in touch without being physically close. . Do you miss your significant other? Just make the call.Bulan depan kami akan menikah :) (”We’re getting married next month :)”) With longer Esia TalkTime.

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Bringing Affordability Bakrie Telecom empowers the Indonesian people by providing affordable and innovative telecommunication products and services. . resulting in economic advancement and higher quality of life of the masses.

this service is tremendously attractive to the customers. as it can be clearly measured by the users. we provide Fixed Wireless and Limited Mobility using the Extended Time Division Multiple Access (E-TDMA) and Code Division Multiple Access (CDMA) 2000-1x. Jawa Barat. One of the most impactful disruptions is the shift in the customers’ mindset from “Pulsa” to “TalkTime” as the reference for calculating the charge. Our operating areas are fast expanding to include the most lucrative geographies in Indonesia. two major cities in our area. We were established in 1993 under the name PT Radio Telepon Indonesia (Ratelindo) and launched a wireless telephone service under Ratelindo brand. We are committed to providing highly affordable telecom services and increasing teledensity in Indonesia. which has a multitude of benefits over the older E-TDMA. we launched a new service under the brand Esia. We exist not only to create values for all shareholders by providing innovative telecommunication services but also help redefine the wireless telecommunication industry in Indonesia and ensure that the technology gives maximum benefit to the people. Esia service caters to the needs of those who require mobility within certain areas. Our promotion activities were aimed not only at accelerating the growth in the number of subscribers but also to drive a paradigm shift through continual innovations and disruptions. Using the new technology. PT Radio Telepon Indonesia went through a transformation. The name was changed into PT Bakrie Telecom. and Banten. As a telecommunication provider striving to become a national pride.Bakrie Telecom 2005 Annual Report Customer-focused Disruptive Innovation is ingrained in PT Bakrie Telecom’s DNA. which are Jakarta and its vicinity. In 2003. Our main business objectives are to capture the huge potential of the Indonesian telecommunication market and to deliver maximum value to all stakeholders without neglecting the duty to give back to the country. With the same low tariff as the Public Switched Telephone Network. In 2005 we already operated in Jakarta and Bandung. The use of TalkTime as the reference has made the telecommunication service a very transparent business. We adopted the CDMA technology. 5 .

obatnya diminum yang teratur. more people can show attention that means a lot to others. Take the medicine. Your parent is sick? Use the phone to bolster his spirit. Dad. biar cepat sembuh” (“You take care now. so that you get well soon”) With expanding Esia network.“Bapak sabar yah. .

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The Budget Telco Concept Our strategy is to provide a highly affordable voice and SMS-based mobile services through the latest generation networks to the mass Indonesian customers. .

At the leadership level. we have taken the steps to lay down the foundation for Good Corporate Governance (GCG). The right high-talent individual in the right job. 4. Our differentiation lies in our ability to provide relevant and differentiated tariffs and services through customerfocused disruptive innovations. Provide the highest level of customer service using world-class IT infrastructure. 4. 4. Since early 2005. 2. Provide a high level of customer satisfaction. 2. 3. Disruptive innovations-centric culture. Invest in global carrier-class BSS (Back-office System Support) and OSS (Operating System Support) to deliver a high level of consumer experience. we have assembled a well-balanced leadership team of local and international telecom and business experts. including the dissemination of Employee Codes of Ethics and the formation of the Internal Audit Department. higher productivity and higher levels of Customer Retention. Provide the longest and most affordable TalkTime. 2. 5. communication and speedy decision. Technology Our technology strategy is to provide the latest technology which will deliver cutting edge quality and applications at the lowest level of CAPEX and OPEX.Bakrie Telecom 2005 Annual Report We effectively became a public company in February 2006. we believe in running our business with smaller but highly talented and experienced team.5G CDMA1X technology. We run our business as a “Budget Telco” operator. Deploy highly spectrum and cost-efficient 2. A non-hierarchical informal work-style with transparency.” The five pillars of our strategy are: 1. Partner with world-class infrastructure providers such as Nortel and Huawei. A variable reward structure that is clearly linked to performance. we are geared and built to do so. Some of the key components of our technology strategy are: 1. Forge strategic partnership with handset manufacturers to deliver the most affordable handsets to the consumers. Marketing Our core marketing strategy is to provide “better products and services at lower prices. Human Resources Keeping in line with our “Budget Telco” strategy. to be able to continuously meet our customers’ requirements. The core principles driving our HR philosophy are: 1. 5. Provide a satisfactory network performance. 9 . A performance-oriented winning culture with a high level of accountability and responsibility. We will deliver profitability through tight Operating Expense (OPEX) and Capital Expenditure (CAPEX) controls. Innovate in the sales channels to make our products and services ubiquitously available. 3. We will continue to evolve our technology platforms 3.

“Every single cent earned must bring benefit to the community.” This is the philosophy that has inspired Bakrie Group and all its subsidiaries in every community involvement program.

Corporate Governance
We effectively became a public company in February 2006. Since early 2005, we have taken the steps to lay down the foundation for Good Corporate Governance (GCG), including the dissemination of Employee Codes of Ethics and the formation of the Internal Audit Department. The Board of Commissioners oversees the implementation of the Company’s business strategy by the Board of Directors and provided them with strategic guidance and advice.

sioners and Board of Directors; 2. Increase the Company’s Authorized Capital and Paidin Capital; 3. Modify its Article of Associations in order to meet the requirements of the capital market; 4. Approve the Company’s financial report on its business performance in 2004; 5. Acquit and release the BOC and BOD from their responsibilities for their supervisory and management functions in 2004 as long as their actions are reported in the annual report. 6. Approve the use of the profit earned in 2004 as re-

Meetings of The Boards
The Board of Commissioners and the Board of Directors held regular meetings throughout 2005 to discuss the management’s reports on business progress and expansion, marketing strategies and other achievements.

tained earning, and 7. Approve the appointment of the Company’s independent auditor as determined by PT Bakrie & Brothers, Tbk.

Internal Audit Shareholder’s Meetings
In 2005, our shareholders convened a series general meetings or made decisions with the same effect as the decisions made by the Annual General Meeting of Shareholders, including the decisions to: 1. Change the composition of the Board of CommisThe Internal Audit Department conducts audits based on the request from the President Director or based on its own initiative with the objective of enforcing the Company’s systems and procedures. The department’s findings in 2005 inspired the Board of Directors to improve the system and procedure in strategic decision making.

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Bakrie Telecom 2005 Annual Report

Codes of Ethics and Employee Communications
Every Bakrie Telecom employee had to sign an agreement to read, understand and apply the Company’s Codes of Ethics in fulfilling their duties. The Board of Directors also held regular and ad hoc meetings with the employees to discuss various concerns.

making the communities part of our stakeholders.

Specifically, our corporate community programs include the annual blood donor, distribution of basic needs to underprivileged households as well as participation in disaster relief efforts. In 2001, we donated food staples and medicines to help ease the plight of thousands of flood victims in Jakarta. In 2005, we also contributed

Corporate Secretary
Our Corporate Secretary is responsible for communication between the Company and shareholders, investors, capital market authorities, analysts, the press and the public.

to the relief of Tsunami victims in Aceh and North Sumatra via “Bakrie Untuk Negeri” program.

We make sure that we provide sustainable assistance to the local communities with free health services and educational aids before setting up our network infra-

Other Committees
We have also completed the formation of our Audit, Risk Management, Nomination and Remuneration Committees to assist the Board of Commissioners in their job.

structure in their areas. In Bogor, Cilegon and Serang, in conjunction to the launch of our operation, we donated computers with Internet access for educational purposes as well as financial aids for local teachers pursuing higher education. In the future, all our CSR activities will be coordinated under the Reaching Out Communities &

Corporate Social Responsibility
To provide the best services, some of our BTSes have to be located very close to where the people live,

Kids (ROCKS) umbrella program.

11

Halo..Halo Ibu, aku pusing nih, dua belas kali empat berapa ya?
(“Hallo Mom, Mom, I need help. What is twelve times four, Mom?”)

With a rate of Rp 50 per minute or Rp 3,000 per hour, family members can communicate without straining their budget.

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Innovation Results With the Esia brand as the main driving engine. Bakrie Telecom has been on a journey marked by a high rate of business growth since September 2004 and is now poised to become a nationwide provider. .

very soon. Depok. We are in the process of expanding our network coverage and capacity to reach 3. 15 . Esia has strategically tied up with innovative distribution partners like Global Teleshop.000 per hour. RE-LAUNCHING Started September 2004 Extraordinary package that creatively yet strategically developed to boost customer base. Our Esia TalkTime campaign. Total Esia subscriber increased by 424% from December 2004 to December 2005 Esia’s distribution coverage has expanded to meet rapidly growing demand. The package offered: . we revolutionized the telecommunication industry. we have launched a series of campaigns including “Esia Re-Launch”. challenged the “Pulsa” paradigm and introduced actual TalkTime as the right consumer friendly way of providing mobile tariffs.3 million subscribers capacity by the end of 2006. other operators are copying this program. the indirect distribution network increased from 8.Rp 50 bonus per minute of incoming call from other cellular operator. Lately it is being used by other operators to freely play with the tariff.Lowest on-net tariff of Rp 50 per minute. “Esia Hujan Duit” and “Esia TalkTime”.Free on-net call everyday for bundling package with Nokia handset. We also made telephony highly affordable for the masses by charging on-net tariff of Rp 3. telecommunication and Internet kiosks and many others. TALKTIME Started August 2005 Revolutionary campaign to break the status quo of the term “Pulsa” and introduce the concept of “TalkTime” as fairer deal to our customer. the company signed a bilateral MoU with Indosat to become Mobile Virtual Network Operators (MVNO) in our license areas. Apart from the traditional channels. current sales rate. Meanwhile.Bakrie Telecom 2005 Annual Report Fueled by our innovative disruption. HUJAN DUIT Started January 2005 First time ever an operator provides incentive to subscriber for incoming calls. This arrangement will enable us to extend our services nationwide in the future. To date. At the end of September 2005.Free call to land-line during weekends. Esia has deployed e-load system to enable digital distribution of minutes. The package offered: . for example. In addition to 21 company-owned Esia outlets. They are located in Jakarta. e-Pay. we continued to provide the Ratelindo FWA service to individual and wartel subscribers. “Pulsa” was first introduced by other operators during the land-line only period to calculate bills. neglecting customer’s right for information on what they buy. Tangerang and Bekasi (JADETABEK) with the 021 area code and in the Bandung mayoralty with the 022 code area. . Distribution and Branding: A Success Story We will reach our one million subscribers based on We had a network of 235 BTSes with a total capacity of 694 thousand subscribers by end of 2005. . Indomaret. Currently. we have 37 BTSes for this service. Esia has achieved a stunning rate of growth of 424% from end of year 2004 to end of year 2005. Since September 2004.128 outlets at the end of 2004 to 13. With our Innovative Disruptions.078 by the end of 2005.

Throughout 2005. Distribution Esia's competitive advantage lies in a very healthy balance between direct distribution and distributors. This resulted from our great value proposition and customer friendly policies. Index 1. Esia had an average of 4% monthly churn rate. Research conducted by Taylor Nelson Sofres (TNS) in fourth quarter of 2005 indicates that Esia’s ads score very high on unaided recall compared to other brands.000 900 800 700 600 500 400 300 Starterpack Sold in Year 2005 (Index) Subscriber’s Loyalty Subscribers’ loyalty is indicated by the churn rate.5 times of the activation rate compared to the beginning of year. 16 . During 2005. We have achieved a very effective distribution channel development by directly engaging the sub-distributors (bandar). our monthly starter packs sales increased by 787%.Brand Awareness Our brand/advertising impact is second in the industry. the lowest in the industry. 200 100 0 January 2005 Sub-Distributors (Bandar) Distributors December 2005 Source: Internal Data Activation Rates Led by our innovation and disruption in the marketplace. our daily activation rate increased by 2.

very soon.0% 12.0% 0% Unaided Recall Simpati Hoki Esia Flexi User Mentari Kartu As Fren Bebas XL IM3 Bright Jempol Kartu Halo Potensial Source: TNA U&A 17 .0% 8.0% 2.Bakrie Telecom 2005 Annual Report We will reach our one million subscribers based on current sales rate.0% 6.0% 4.0% 10.0% 14. Subscriber Growth Index 250 Pre TalkTime Campaign 200 Post TalkTime Campaign Index 150 100 Jan-05 Feb-05 Mar-05 Apr-05 May-05 Jun-05 Jul-05 Aug-05 Sep-05 Oct-05 Nov-05 Dec-05 Source: Internal Data 18.0% 16.

586 199.483 470.944) (144.701 23.Management’s Discussion and Analysis Financial Highlights The following analysis and discussion is based on the Company’s Financial Statement for the years ended 31 December 2005 and 2004 as audited and given an unqualified opinion by Public Accountants Jimmy Budhi & Partners.291) (142.056 114.086 1.459 682.757 343.014 1.051.026 82.654 34% 51% 50% -17% -48% 52% 91.522.583 304.166) 613.569 1.949 (99.417) 153.000 71.500 960.997 333% 17% 45% 126.102 226.000 372.055 243.997 58% -31% -17% 271% 45% 18 .000 120.000 400.029 2005 486.475 2004 Esia Ratelindo 2005 Financial Highlights (in Rp million) Description Subscriber STATEMENT OF INCOME Operating Revenue Operating Revenue-Net Operating Expenses EBITDA Operating Income (Loss) Net Income (Loss) BALANCE SHEET ASSETS Current Asset Non-Current Asset Total Asset LIABILITIES Current Liabilities Non-Current Liabilities Total Liabilities EQUITY Total Liabilities and Equity *) Restated 2004* 192.750 825.830 (67. Subscribers 500.586 396.990 0 114.701 229.583 73.881) (32.472 (4.522.484 1.575 % Change 153% 275.039 100.229 28.126.051.604 Change 294.514 166.163 470.125 (215.029 161.129 200.324) 94.647 1.978) 369.936 839.352 698.477 483.527) (297.000 300.

The breakdown of the Company’s operating revenue by product is on the next page.000 200. Ratelindo’s contribution to the Company’s total operating revenue dropped by 7% due to the decline in the total number of its subscribers. Esia subscribers grew by 424% to 372. 50. In the case of Esia prepaid. Esia postpaid operating revenue increased by 171% due to the subscriber growth and the rise in ARPU (Average Revenue Per User). The 34% yoy increase 150.908 192.559 million (41%) and Rp 217.303 postpaid subscribers (up by 117% from the previous year) while Ratelindo subscriber dropped by 5% from 120.689 120.475 90.826 114.350 61.635 486.000 in operating revenue to Rp 369.082 21. Operating Revenue Contribution 2004 2005 9% Customer Base Subscriber Esia Postpaid Prepaid Ratelindo Regular Wartel Total 2004 71.029 2005 372.826 prepaid subscribers (up by 470% from the previous year) and 20.Bakrie Telecom 2005 Annual Report Operational Result Customer Base As of the end of 2005.990 99. consisting of 351.604 % Growth 424% 117% 470% -5% -8% 8% 153% 4% 10% 32% 59% 86% Ratelindo Esia Postpaid Esia Prepaid Financial Results 250.000 Net Operating Revenue (in Rp million) Operating Revenue The Company’s operating revenue was generated by its Esia and Ratelindo products.840 23.055 million at the end of 2005 was attributable to the jump in the number of subscribers.990 in the previous year to 114.496 million (59%) 0 2004 2005 19 .701 Respectively.039 9.475 by the end of 2005. Esia and Ratelindo accounted for Rp 151. 322% increase in operating revenue was resulted mainly from the increased number of subscribers.129 by the end of 2005.757 161.303 351.129 20.604 of which 76% were Esia subscribers and 24% were Ratelindo subscribers. the For each of product.000 243. The Company’s customer base stood at 486. of the Company’s operating revenue.000 100.

This was due to the expansion of the CDMA network in Jakarta.569 343.701 million in 2005 due to expansion.096 39.801 119.401 275.Operating Revenue (in Rp million) Usage Charge Subscription Connection Service Others Total Operating Revenue Wartel Ratelindo sharing Esia discounts Interconnection costs Total Net Operating Revenue 2004 208.898) (56.292 24.038) 161.240 3.079 229. Depreciation expense in and maintenance expenses increased by 54% to Rp 47.229 40% 13% 17% 15% 12% 3% 100% 119.481 8.422 10.728 38.067 11.962 275.758 217.715 28.055 (26.840 22.559 31.797) (19. the provinces of West Java and Banten aimed at improving coverage and capacity.799 million.701 76% 14% 1% 9% 100% -13% -8% -20% 59% 297. A major proportion of the increase can be attributed to the growth in the sales and marketing expenses. 2005 rose by 31% to Rp 119.408 38.352 234.997 12.696 45.962) (78.203 43. related 20 . Operating and Maintenance Expense: The operating Depreciation Expense: Depreciation represented 35% of total operation expenses.539) 243. With CDMA network expansion.437 74.203 million.029 (35.385 369.701 2005 35% 14% 13% 13% 22% 3% 100% % Growth 31% 54% 13% 33% 183% 56% 50% The Company’s operating expense increased by 50% yoy to Rp 343. which rose by 183%.496 369.029 2004 15% 5% 10% 85% 100% 2005 151.391) (21.324 30.055 41% 9% 32% 59% 100% % Growth 278% 171% 322% -7% 34% Operating Expenses (in Rp million) Depreciation Operating & maintenance expenses General & administrative expenses Employee expenses Selling & marketing expenses Other service expenses Total Operating Expenses 2004 91.799 47.532 34.085 26.757 2005 81% 10% 3% 6% 100% -7% -6% -21% 66% % Growth 43% -2% 229% -8% 34% -24% -9% 40% 51% Operating Revenue by Product (in Rp million) Esia Postpaid Prepaid Ratelindo Total Operating Revenue 40.

The increase was mainly due to the higher volumes of starter packs and vouchers sold in conjunction with the sales growth. This was principally due to the expansion and growth of the Company.944) -48% 119.039 in 2004 to 190. the Company recorded an EBITDA of Rp 23. This increase was primarily due to more aggressive Esia products campaigns notably in Q4 2005.830 10% 2005 23.168 (131.978) (144. up by 48% compared to the same period last year.961 Dec-05 372.039 Sep-05 190. which also resulted in a 31% increase in depreciation from the same period last year. The increase mainly resulted from the increased number of employees. inflation adjustments.129 (67.324 million In 2005. of the Company. was caused mainly from its increased sales and marketing expenses. EBITDA EBITDA Margin EBITDA (In Rp million) EBITDA Margin 2004 28.922 181. which was offset by the expansion at the end of 2005.437 million. This was mainly due to the increase in its net operating income and the effect 21 . which was an improvement of 52% compared to the previous year.Net Operating Income margin 2004 2005 % Growth Esia Subscribers Growth 2005 Number of Subscribers Increase Dec-04 71. site rentals and electricity costs also increased accordingly. The decline. (166.961 in September 2005 and its significant jump to 372.696 million in 2005.944 million. The higher operating loss was due to the growth in fixed assets for CDMA network expansion. down by 17% from the previous year.321) 32.949 million.Bakrie Telecom 2005 Annual Report cost such as frequency license fee. 9 Months 3 Months Operating Income (Loss) loss of Rp 99. The results of the promotion activities were the increase in number of Esia subscribers from 71.536 120% (297.949 6% % Growth -17% Employee Expense: Employee expense rose by 33% in 2005 to Rp 45. and merit increase.129 in December 2005. Operating Income (loss) (In Rp Million) Operating Income (Loss) Profit (Loss) before provision for tax Defferred Tax Benefit (Expenses) Profit (Loss) .527) (99.860) -34% Other Service: Other services expenses included the procurement of materials for RUIM cards for the starter packs and prepaid refill vouchers.324) -25% -27% 52% Net Income (Loss) EBITDA The Company recorded a net loss of Rp 144. the Company posted an operating Sales and Marketing Expense: The sales and marketing expenses rose by 183% to Rp 74.657) (176. General and Administrative Expense: The general and administrative expenses rose by 13% to Rp 43.997 million from 2004. At year end 2005.

On 31 December 2005. The Company does not have a large level of stock because the nature of its business is the provision of telecommunications services.791 million into additional capital stock. able. Trade Payables: Trade payables increased by 10% mainly due to the increase in purchase activities for expansion.815 mainly due to the Company’s network expansion.583 million.06 trillion. In 2005 the Company received proceeds from issuance of shares related with shareholder additional capital injection. Most of the Company’s Liabilities Total liabilities decreased by 17% from the previous year mainly due to the conversion of related parties’ loan into capital. Equity Compared to 2004 balance. Non-Current Liabilities: Non-current liabilities decreased Balance Sheet Assets The Company maintained a healthy balance sheet. representing an increase of 45% from the previous year. and telecommunications equipment for Ratelindo products. the current ratio of 199% was much higher than the ratio on 31 December 2004. This 22 . up by 230. which was converted from Deferred Tax expenses in 2004 into Deferred Tax benefit in 2005. The breakdown into major items in the assets is as follows: the conversion of loan into equity.087. The increase in this year’s balance was due to the net cash received from financing activities. At the end of 2005. the Company’s total assets were worth Rp 1. it only maintains a limited amount of receiv- Fixed Assets: Net fixed asset increased by 23% to Rp 1. stockholders’ equity rose by 271% due to injection from the shareholders plus The rise in total assets was the result of the growth of investments and financing activities as well as strong operating results. The ratios show major improvements compared with the same period of 2004.263 million in 2004. stock consists of vouchers and starter packs for Esia products. Ratio Current Ratio Solvency (Total Liabilities/ Total Assets) Debt/Equity Ratio 2004 72% 78% 364% 2005 199% 45% 81% Current Assets: Current assets jumped by 333% to Rp 396.of deferred taxes. Ratios Cash and Cash Equivalent: Cash and cash equivalents outstanding as of year end 2005 stood at Rp 254. although the total deficit balance had risen by 16% from 0.522.014 million mainly because of the increase in cash balance caused by shareholders’ fresh capital injection and the increase in Trade Receivables.9 trillion to Rp 1. by 44% mainly because shareholders agreed in 2005 to convert the Company‘s payables in the amount of Rp 252. Current Ratio: As most of the Company’s sales are made in cash.257 million.994 million from 23.

it was partly caused by the capital injection by PT Bakrie & Brothers Tbk. The low debt to equity was in part caused by the capital injection by PT Bakrie & Brothers Tbk. This low debt equity ratio gives flexibility to the Company for future fund requirements.Bakrie Telecom 2005 Annual Report was because the Company had a greater stock of cash and cash equivalent following a capital injection of Rp 500 billion from PT Bakrie & Brothers Tbk. A major improvement in the Company’s solvency. 23 . Solvency Ratio: The Company’s solvency ratio of 45% as of 31 December 2005 was lower than the ratio on 31 December 2004. Debt/Equity Ratio: The Company’s debt to equity ratio of 81% as of 31 December 2005 was lower than the ratio on 31 December 2004.

. With Esia. cost-efficiently and conveniently. makanan langsung datang! (Just use SMS to fill up your tummy!) Telecommunication opens the door to new opportunities to compete.Tinggal kirim sms. new businesses can be started easily.

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Report From President Commissioner

Bobby Gafur S. Umar

The Indonesian telecom industry has a tremendous potential, and we strongly believe we are in the ideal position to realize it. We have the agility to move faster than most of our competitors. Our DNA speaks disruption and innovation. However, our main objective is more on giving back to our country by enabling our fellow Indonesians to benefit from the powerful communication. This distinguishes us from other operators, as we also concentrate on serving the mid and lower segments of users. It does not mean that we are taking shareholders’ value lightly. In Indonesia, the mid and lower segments represent an untapped market of almost 170 million people. By expanding our coverage to include the majority of them, Bakrie Telecom is poised to grow significantly in the mid and longer-term. The year 2005 was a tough year for business. However, the strategies that Bakrie Telecom implemented turned out to be effective to weather out the most adverse impact of the challenges, including the high inflation rate and weakened purchasing power of the public. By end of the year, we managed to grow our subscriber base from 192,029 at the end of 2004 to 486,604. We have read the report from the management as well as the audit report prepared from the independent accounting firm Jimmy Budhi & Partners. We have given our approval to the report and we support the management’s decision to present Bakrie Telecom’s Annual Report 2005 to the shareholders during the Annual Shareholders General Meeting. We would like to thank the management team and all our employees for the innovative but prudent execution of Bakrie Telecom’s growth plan. We also would like to extend our deep appreciation to our subscribers and partners for the trust that they have given us. The same level of indebtedness goes to Bakrie Telecom’s shareholders for the confidence that we have received from them. We would like to assure them that we are always committed to fulfilling their expectations, which are also our own expectations. We are fully aware that Bakrie Telecom still has a lot of catching up to do. We believe that management has succeeded to build strong fundamental and focused operational strategy in preparing the building blocks for business success. However, our success will only be achieved with the grace and blessing of God the Almighty. Therefore, in closing, let us pray that He will continue to lead us as we proceed along our growth path.

Bobby Gafur S. Umar

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Anindya N. Bakrie

Report From CEO & President Director

This report is the Company’s first Annual Report as a public company. Therefore, it is a good idea to start with our vision. We have a vision that, in ten years, we shall lead the affordable communication revolution that will put a phone in the hand of every adult Indonesian. This vision is in line with our deep-seated believe that affordable telecommunication is every Indonesian’s birthright. The rationale for this vision is simple. Studies have long documented the multiplier effect of teledensity on GDP growth; and teledensity will only increase if we were willing to make the tariffs truly affordable for the masses. We have to shift our focus from the 50 million who pay one of the highest telecommunication tariffs in the world to a larger population who pays much less but still allows us to be profitable and give satisfactory returns to our shareholders. Current technology advancements and our business model make this vision possible. How do we accomplish it? First, we concentrate on our customers. We increase our efficiency by focusing on being a “Budget Telco” operator. We increase our profitability and stakeholders’ value by accelerating our growth. The results of our disruptive innovation strategies have been encouraging. Our TalkTime and affordable telephony programs resulted in dramatic increase in the number of our subscribers. Another notable achievement was our positive EBITDA, which remained positive despite our affordability and still relatively small subscriber base. Our operating revenue rose by 34% from Rp 275 billion at the end of 2004 to Rp 369 billion by the end of 2005. Meanwhile, our net operating revenue also grew by 51% from Rp 161.7 billion to Rp 243.7 billion by the end of 2005. Our corporate governance program is well underway. We are putting together the structure that will ensure transparency, disclosure and accountability throughout our organization. All of these have been achieved without neglecting our obligation to the communities in which we do business. As a company and as a member of the Bakrie Group, we have participated in various disaster relief efforts in addition to our regular community involvement programs. We hope that you have been pleased with our results throughout 2005. We thank you, the stakeholders, for the trust that you have given us. Finally, we thank God the Almighty for all His blessing, because without it we could not have achieved what we did.

Anindya Novyan Bakrie

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Board of Commissioners
The addition of two Independent Commissioners in Bakrie Telecom’s Board of Commissioners demonstrates our commitment to the implementation of Good Corporate Governance.

Bobby Gafur S. Umar
President Commissioner

Ai Moelyadi Mamoer
Independent Commissioner

Raj Mitta
Independent Commissioner

Nalinkant A. Rathod
Commissioner

Ambono Janurianto
Commissioner

Board of Directors and Executive Committee
The Company’s cohesive management team consists of world-class professionals with extensive experience in their respective fields. Their involvement in the management has helped shape a new work culture.

Anindya Novyan Bakrie
CEO & President Director

Rakhmat Junaidi
Director Corporate

Juliandus Tobing
Director of HR & GA

Anicia P. Naval
Chief Marketing & Consumer Relation Management

Jastiro Abi
Chief Financial Officer

Amit Bose
Chief Strategy Officer

Ahmad R. Widarmana
Chief Supply Chain Management Officer

A.G. Rao
Chief Technology Officer

Charles Sitorus
Chief of Sales

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Rao. Indonesian International Transparency. PT Ratelindo. Chief of Industry and Telecommunications. Previously held positions: Legal Director. PT TELKOM. various managerial positions at HSBC and PT Astra International. President. 11. Senior Sales Executive. PT Ratelindo. Member. Pte. 12. 29 . Umar President Commissioner MBA from University of Arkansas Other currently held positions: President Director: PT Bakrie & Brothers Tbk. the Philippines. PT Indosat Tbk. Ltd. Previously held positions: Operations Director. India. GM Finance & Legal. member of Manufacturing Industry Committee. MEngSc from Queensland University of Technology Australia.. Association of Indonesian Engineers. Chairman. Indonesian Banking Restructuring Agency (IBRA). Digitel Mobile Philippines. various positions in Retail Distribution and Consumer Marketing.. ICICI Ltd. Bank Daichi Kangyo Indonesia. 11 12 13 14 1. Previously held positions: Director of Finance. Pepsi. India. Ambono Janurianto Commissioner Bachelor in Economics from Universitas Katolik Parahyangan. Singapore.. Amit Bose Chief Strategy Officer MBA from Indian Institute of Management. PT Skytelindo 8. Rathod Commissioner Bachelor of Commerce from Andhra University Other currently held positions: Commissioner. India. PT Kilang Vecolina. India. Previously held positions: VP Capital Managers Asia. Indonesian Telecommunications Interconnection Clearing Association (ASKITEL). Indonesian Telecommunication Society. PT Astra Graphia. Marketing & Sales Manager. Loyalty and Marketing Services.. Sydney and Singapore). Commissioner. Pte.. India. Nestle Philippines. founder and member of Executive Board. Head of Bureau of Planning. Ltd. Other currently held positions: Director. India. Tbk.. 2.PT Bakrie & Brothers Tbk.. Ltd. Ministry of Post and Telecommunications. Selular Services. Reliance Infocom. Anindya Novyan Bakrie CEO & President Director MBA from Stanford Graduate School of Business.Charles Sitorus Chief of Sales Bachelor Degree from Institut Pertanian Bogor. PT Bakrie Sumatra Plantation. 13.. Previously held positions: VP Corporate. Manager.. Tata Teleservices. Previously held positions:Deputy to COO and Managing Director.Bakrie Telecom 2005 Annual Report 1 2 3 4 5 6 7 8 9 10 4.. 7. Commissioner. 3. Previously held positions: CFO. Widarmana Chief Supply Chain Management Officer Bachelor in Management from Universitas Pajajaran. Previously held positions: VP Marketing. PT Bakrie Swasakti Utama.. Inc.. Assistant VP Marketing. and Alcatel.. Tbk. G. VP of Marketing for Asia. VP Marketing. Fixed Wireless Project. Previously held positions: President. PT Bakrie Sumatra Plantation. Senior Marketing Executive. Rakhmat Junaidi Director Corporate Bachelor degree from STIE Perbanas Other currently held positions: Associate Secretary General. A. Previously held positions: Various positions at Precision Products. Commissioner. President Director. Ashok Leyland. India. Managing Director and COO. Chief Technology Officer Master in Engineering from Institute of Engineer. Essential Value Associates. Institute of Chartered Accountants of India. Chief Financial Officer MBA from University of Western Australia.Jastiro Abi. Singapore. Indonesian Procurement Watch. PT Cakrawala Andalas Televisi (antv). India. Tbk. Naval... various positions at Idea Cellular Limited. PT Agrowiyana. Arthur D. Juliandus Tobing Director of HRD & GA Bachelor in Law degree from Univesitas Pajajaran. Asia. Philippines. Assistant VP Consumer Acquisition. Ltd. Chief Marketing & Customer Relation Management AB BSc Economics from De La Salle University. Ltd.. Capital Managers Asia Pte. Legal Advisor. Commissioner. Previously held positions: VP Marketing & CRM. Previously held positions: Expert Advisor to President Director. Raj Mitta Independent Commissioner MBA from Indian Institute of Management. Allen & Hamilton (London. PT Texmaco Indonesia Jaya and PT Tripatra Engineering. Tbk. PT Bank Finconesia. Indonesian Association of Securities Issuers. Pte. PT Bakrie Swasakti Utama. Anicia P.. Ltd. PT Gemawidia Statindo Komputer. Other currently held positions: Director of Legal and General Affairs. PT Bakrie & Brothers.Ahmad R. Previously held positions: Chairman. the Telecommunications Permanent Committee at the Indonesian Chamber of Commerce and Industry (KADIN). Ltd. India. Ai Moelyadi Mamoer Independent Commissioner MA from Michigan State University Other currently held positions: Executive. PT Bakrie Pasaman Plantation. Unilever India. Senior Practitioner. Member of Executive Board. Manager. Pepsico for US and Europe: Mars (UK) and Kellog (Australia). Bobby Gafur S. Other currently held positions: President Director. 14. Other cur- rently held positions: Licensed to practice public accounting in the Philippines. Indonesian Society of Entrepreneurs. Little. Tata Teleservices. PT Bumi Resources Tbk. COO. Booz. PT Bakrie & Brothers Tbk. Investment Manager licensed by Indonesian Capital Market Supervisory Agency. Other currently held positions: Chairman. Inc. Globe Telecom. Assistant VP Marketing. Head of Working Group on ICT Integrity. 5. 6. Senior Manager. Selecta Dairy Products. PT Bakrie & Brothers. Nalinkant A. Network and Commercial. Capital Managers Asia. 9.. VP Regional-Central Indonesia and Corporate Direct Sales at PT Satelindo. Managing Director. 10..

. the stock price is right!”) Bakrie Telecom has successfully maintained its positive EBITDA even during its take-off phase.Pak... indeksnya sedang bagus! (”Sir. .

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JIMMY BUDHI & REKAN Kantor Akuntan Publik JIMMY BUDHI & REKAN Registered Public Accountants PT BAKRIE TELECOM TBK PT BAKRIE TELECOM TBK LAPORAN KEUANGAN UNTUK TAHUN-TAHUN YANG BERAKHIR PADA TANGGAL 31 DESEMBER 2005 DAN 2004 DAN LAPORAN AUDITOR INDEPENDEN FINANCIAL STATEMENTS FOR THE YEARS ENDED DECEMBER 31. 2005 AND 2004 AND REPORT OF INDEPENDENT AUDITORS A Member of Moores Rowland International an association of independent accounting firms throughout the world .

5. 4. 5. 2. 3. Neraca Laporan Laba Rugi Laporan Perubahan Ekuitas Laporan Arus Kas Catatan atas Laporan Keuangan 1 3 4 5 6 STATEMENT LETTER OF DIRECTORS REPORT OF INDEPENDENT AUDITORS FINANCIAL STATEMENTS 1. 3.PT BAKRIE TELECOM Tbk DAFTAR ISI PT BAKRIE TELECOM Tbk TABLE OF CONTENTS Halaman/ Page SURAT PERNYATAAN DIREKSI LAPORAN AUDITOR INDEPENDEN LAPORAN KEUANGAN 1. 4. 2. Balance Sheets Statements of Income Statements of Changes in Equity Statements of Cash Flows Notes to Financial Statements .

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341 27.setelah dikurangi akumulasi penyusutan sebesar Rp 629.147 in 2005and Rp 92.793.478 31.841 27.298 4.568.087.288 5.setelah dikurangi penyisihan piutang ragu-ragu sebesar Rp 98.11 2j.302.432.PT BAKRIE TELECOM Tbk NERACA 31 DESEMBER 2005 DAN 2004 (Angka dalam tabel disajikan dalam Rupiah.net of accumulated depreciation of Rp 629.790 1.256.723.5 2005 254.075.585.512.394.769.168 22.4.398.521 dan pada tahun 2004 Beban ditangguhkan .2i.net of allowance for doubtful accounts of Rp 98.623 2h.521 in 2004 Deferred charges .net Estimated claim for tax refund Security deposits Total Non-Current Assets NON-CURRENT ASSETS TOTAL ASSETS Catatan atas Laporan Keuangan merupakan bagian yang tidak terpisahkan dari laporan keuangan secara keseluruhan.563 pada tahun 2004 Persediaan Uang muka Biaya dibayar dimuka Pajak dibayar dimuka Jumlah Aktiva Lancar AKTIVA TIDAK LANCAR Aktiva pajak tangguhan Uang muka pembelian aktiva tetap Aktiva tetap .499.559.29 2c.499.6 2f.309.318.514.754 9.085.2m.976.509.601.812.559.583.202.631 885.120 31.536.138.980 2d.225.648.555.484.634. 2005 AND 2004 (Figures in table are expressed in Rupiah.263.648.244.927.121. see Note 3) 23.26b 1.251 3.842.522.307 3.619 30.349.638 16.153.014.927.126.174. The accompanying Notes to Financial Statements form an integral part of these financial statements.328.760.013 Cash and cash equivalents Short-term investments Trade receivables .051.640 3. 1 .720.33 2.037.353 91.352.104.926 1.26e 10.876.034.629 960.bersih Taksiran tagihan pajak penghasilan Jaminan Jumlah Aktiva Tidak Lancar JUMLAH AKTIVA 2b.850 11.759.302.304.058 396.667.822 pada tahun 2005 dan Rp 509.068.838 4.228.147 pada tahun 2005 dan Rp 92.500.822 in 2005 and Rp 509. lihat Catatan 3)/ (As restated.7 8 2g.760.814.640.176.498 5.733.905.551.779 40.939 Deferred tax assets Advances for fixed assets Fixed assets .340.084 - ASSETS Catatan/ Notes AKTIVA LANCAR Kas dan setara kas Investasi jangka pendek Piutang usaha . kecuali dinyatakan lain) PT BAKRIE TELECOM Tbk BALANCE SHEETS DECEMBER 31. unless otherwise stated) AKTIVA 2004 (Disajikan kembali.575.174.12 2n.9 26a 39.434.018.693 3.709.283 1.563 in 2004 Inventories Advances Prepaid expenses Prepaid taxes Total Current Asset CURRENT ASSETS 2n.349.404.332.202.

lihat Catatan 3)/ (As restated.829 ) 226.138.26e - 30.051.000 saham Saham biasa 1.000 Saham biasa Rp 1.585.629.353 63.508.PT BAKRIE TELECOM Tbk NERACA 31 DESEMBER 2005 DAN 2004 (Angka dalam tabel disajikan dalam Rupiah.282 saham Tambahan modal disetor Laba investasi efek yang belum terealisasi Defisit Jumlah Ekuitas JUMLAH KEWAJIBAN DAN EKUITAS 2005 CURRENT LIABILITIES 13.181.000 126.696.000 shares Series B 32.27 14.633.282 shares Deposit for future stocks subscription Unrealized gain on investment Deficit Total Equity EQUITY TOTAL LIABILITIES AND EQUITY Catatan atas Laporan Keuangan merupakan bagian yang tidak terpisahkan dari laporan keuangan secara keseluruhan.522.502. kecuali dinyatakan lain) PT BAKRIE TELECOM Tbk BALANCE SHEETS DECEMBER 31.749.456.459. see Note 3) LIABILITIES AND EQUITY Catatan/ Notes KEWAJIBAN LANCAR Hutang usaha Pihak ketiga Hubungan istimewa Hutang lain-lain Pendapatan diterima dimuka Uang jaminan pelanggan Biaya masih harus dibayar Hutang pajak Kewajiban jangka panjang yang jatuh tempo dalam waktu satu tahun Pinjaman bank Jumlah Kewajiban Lancar KEWAJIBAN TIDAK LANCAR Kewajiban pajak tangguhan .13.585.818 1.466.000.800 6.913.899.476 176.000 (919. unless otherwise stated) KEWAJIBAN DAN EKUITAS 2004 (Disajikan kembali.153.821 shares Common 824.000 shares Common 1.953.751.794.342.337 55.783.000.527.494.693.873.000 saham Seri B 32.614.783.583.294 154.087.903.565 NON-CURENT LIABILITIES Deferred tax liabilities .821 saham Saham biasa 824.030.000.000 115.000 Common Rp 1.979.000 Modal dasar 2005 Seri A 10.000 shares Issued and fully paid shares 2005 Series A 5.804.setelah dikurangi bagian yang jatuh tempo dalam waktu satu tahun Hutang hubungan istimewa Pinjaman bank Jumlah Kewajiban Tidak Lancar EKUITAS Modal saham 2005 Saham biasa seri A Rp 200 Saham biasa seri B Rp 100 2004 Saham preferen Rp 1.175.270 37.063.339 6.139 4.224.195 shares 2004 Preferred 400.980.708 698.878.517.628 12.527.583.450 shares Series B 7.939 Capital stock 2005 Common shares series A Rp 200 Common shares series B Rp 100 2004 Preperred Rp 1.195.600.751.043. 2005 AND 2004 (Figures in table are expressed in Rupiah.000 199.750.001.195.541 2.913.000.600.600 5.364.16 26c 17 60.5 1.000 saham Modal ditempatkan dan disetor penuh 2005 Seri A 5.652.27 17 10.948.103.032.582 18 19 2c.111.158 (1.443.502.186 Trade payables Third parties Related parties Other payables Unearned revenue Customers’ deposit Accrued expenses Taxes payable Current maturities of long-term debts Bank loan Total Current Liabilities 2n.094.428.bersih Kewajiban jangka panjang .299 36.835.327 17.29 2e.266.659.133 14.201.522.840 ) 839. The accompanying Notes to Financial Statements form an integral part of these financial statements.045 shares 2004 Preferred 206.631 1.944.111.255 2.000.net of current maturities Related parties Bank loan Total Non-Current Liabilities 2e.351.29 2k 15 2o.450 saham Seri B 7.000.500 374.527.309 492.545 331.930.995.000.275.247.818.812.000.171 1. 2 .881.net Long-term debts.811 473.195 saham 2004 Saham preferen 400.000.000.091.372.484.673.045 saham 2004 Saham preferen 206.652.665 483.659.000 Authorized shares 2005 Series A 10.894.478.879.647.

533.054.455 (3.651 ) (1.833.833.675 ) 161.535.798.498.504.844 30.639.339 229.543.261 (113.321.207 (64.20 2005 369.292 ) (131.205 ) (176.535.324.967 343.286.802.707 59.307 ) Depreciation Operating and maintenance expense General and administrative expense Employee expense Selling and marketing expense Other service expenses Total Operating Expenses OPERATING EXPENSES OPERATING LOSS OTHER INCOME (CHARGES) (75.Bersih RUGI SEBELUM MANFAAT (BEBAN) PAJAK MANFAAT (BEBAN) PAJAK Tahun berjalan Tangguhan Jumlah RUGI BERSIH RUGI BERSIH PER SAHAM DASAR 2p.860.568.721.924.671.899 2004 (Disajikan kembali.net Gain on sale of fixed assets Provision for doubtful accounts Others .575.798 ) (287.bersih Laba penjualan aktiva tetap Beban piutang ragu-ragu Lain-lain .Bersih BEBAN USAHA Penyusutan Beban operasi dan pemeliharaan Beban umum dan administrasi Beban karyawan Beban penjualan dan pemasaran Biaya jasa lainnya Jumlah Beban Usaha RUGI USAHA PENGHASILAN (BEBAN) LAIN-LAIN Beban keuangan .13 ) (63.977.701. The accompanying Notes to Financial Statements form an integral part of these financial statements.916.321.436. lihat Catatan 3)/ (As restated.775.277 ) 243.125 38.179.608 ) 1.997.480.6 2k 2h.678.594.bersih Beban Lain-lain .683 43.232.567.102.893 (67.net Gain (loss) on foreign exchange .228.090.297.047.701.508.996. 2005 AND 2004 (Figures in table are expressed in Rupiah.453.176 (125.691.294.656.11 21 22 23 24 2k.392.696.167.297.203.865.199 ) (297.320.852.26e 2k 25a 2m.32 2n.Net REVENUES 119.289.net Other Charges .813 74.232.304 12.080.953.011 ) (16.208.97 ) Financing cost .584 ) 5.bersih Laba (rugi) selisih kurs .956 45.470. 3 . see Note 3) 275.323.571.PT BAKRIE TELECOM Tbk LAPORAN LABA RUGI UNTUK TAHUN-TAHUN YANG BERAKHIR PADA TANGGAL 31 DESEMBER 2005 DAN 2004 (Angka dalam tabel disajikan dalam Rupiah.330 ) 32.586 Operating revenue Interconnection expenses and discount Operating Income .531.727.319 (144.122.25b 11 2d.443.045.599 ) (166.338 34.371 ) (5.129.772. kecuali dinyatakan lain) PT BAKRIE TELECOM Tbk STATEMENTS OF INCOME FOR THE YEARS ENDED DECEMBER 31.053 ) 1.401 (76.319 32.024 (99.943.301 47.028.084.757. unless otherwise stated) Catatan/ Notes PENDAPATAN Pendapatan usaha Beban interkoneksi dan potongan harga Pendapatan Usaha .126.527.272.125 ) 91.Net LOSS BEFORE TAX BENEFIT (EXPENSE) TAX BENEFIT (EXPENSE) Current year Deferrred tax Total NET LOSS BASIC LOSS PER SHARE Catatan atas Laporan Keuangan merupakan bagian yang tidak terpisahkan dari laporan keuangan secara keseluruhan.199 ) (166.509.321.812.327.621 26.626 8.471.

27 1.000.500 115.000 (298.171 (115.494.484.000.103.462. kecuali dinyatakan lain) PT BAKRIE TELECOM Tbk STATEMENTS OF CHANGES IN EQUITY FOR THE YEARS ENDED DECEMBER 31.368.5 Modal Saham/ Capital Stock Tambahan Modal Disetor/ Deposit for Future Stocks Subscription Laba Investasi Efek Yang Belum Terealisasi/ Unrealized Gain on Investment Defisit/ Deficit Jumlah Ekuitas/ Total Equity Balance December 31.011 ) (1.979.443.818.158 (144.324.144.527.144.903. The accompanying Notes to Financial Statements form an integral part of these financial statements.000 ) 872.000 ) - 374.27 18.527. lihat Catatan 3) Tambahan modal disetor Rugi bersih tahun 2004 Koreksi rugi bersih tahun 2004 Saldo 31 Desember 2004 (Disajikan kembali lihat Catatan 3) Reklasifikasi tambahan modal disetor ke modal saham Tambahan modal disetor Laba investasi efek yang belum terealisasi Rugi bersih tahun 2005 Saldo 31 Desember 2005 18.500 1.979.030.969 115.27 2c.516.063.466.103.PT BAKRIE TELECOM Tbk LAPORAN PERUBAHAN EKUITAS UNTUK TAHUN-TAHUN YANG BERAKHIR PADA TANGGAL 31 DESEMBER 2005 DAN 2004 (Angka dalam tabel disajikan dalam Rupiah.372.27 18.000 (115.112.000. 2005 AND 2004 (Figures in table are expressed in Rupiah. see Note 3) Reclassification of deposit for future stocks subscription Deposit for future stocks subscription Unrealized gain on investment Net loss in 2005 Balance December 31. 2003 (As restated.000.840 ) 226.818 Catatan atas Laporan Keuangan merupakan bagian yang tidak terpisahkan dari laporan keuangan secara keseluruhan.000.091.011 ) 839.000 872.600 1.829 ) (144.158 (919.031 ) (298.466.691.659.000 - 115.368.000.691.158 374.527.000.000 - - (621. 2004 (As restated.398 ) 488.218.600 409.000.324.948.398 ) 488.000.647.289. unless otherwise stated) Catatan/ Notes Saldo 31 Desember 2003 (Disajikan kembali.884. 4 .000.500 374.030. see Note 3) Deposit for future stocks subscription Net loss in 2004 Adjustment of net loss in 2004 Balance December 31.289. 2005 18.112.794.

902 (19.229.833.320.876 23.278.723.218.525. unless otherwise stated) 2005 ARUS KAS DARI AKTIVITAS OPERASI Penerimaan kas dari pelanggan Pembayaran kas kepada pemasok dan karyawan Kas yang dihasilkan dari operasi Pembayaran bunga Penerimaan bunga Pembayaran pajak Penerimaan restitusi pajak Pembayaran untuk aktivitas operasi lainnya Kas Bersih Diperoleh dari (Digunakan untuk) Kegiatan Operasi ARUS KAS DARI AKTIVITAS INVESTASI Uang muka pembelian aktiva tetap Pembelian aktiva tetap Investasi pada surat berharga Hasil penjualan aktiva tetap Kas Bersih Digunakan untuk Aktivitas Investasi ARUS KAS DARI AKTIVITAS PENDANAAN Penerimaan hutang hubungan istimewa Kenaikan hutang bank jangka panjang Pembayaran hutang bank jangka panjang Penerimaan setoran modal Kas Bersih Diperoleh dari Aktivitas Pendanaan KENAIKAN KAS DAN SETARA KAS BERSIH KAS DAN SETARA KAS AWAL TAHUN KAS DAN SETARA KAS AKHIR TAHUN Informasi Tambahan Laporan Arus Kas: Transaksi yang tidak mempengaruhi arus kas: Konversi hutang hubungan istimewa menjadi modal dan tambahan modal disetor Reklasifikasi aktiva dalam penyelesaian menjadi aktiva tetap dibawah kepemilikan langsung Reklasifikasi uang muka pembelian ke aktiva tetap 2004 353.305.986 (80.397.582.515.000 108.105.459.993.263.590.754.017 ) 125.264 230.755.249.564.186 ) 177.651.275.543.842 (118.957 (6.327.112.757.467 15. kecuali dinyatakan lain) PT BAKRIE TELECOM Tbk STATEMENTS OF CASH FLOWS FOR THE YEARS ENDED DECEMBER 31.773.017.256.003 (228.099.939 ) (48.394 23.510. 5 .249.704.944.756.455 (171.407.177.918.000 ) 500.000 602.256 42.691.165.368.677.272.192.262.826.872. 2005 AND 2004 (Figures in table are expressed in Rupiah.871.709.975.180.557 ) (63.663 ) 11.422.000.500 306.000.294 ) 231.308.139.478 157.PT BAKRIE TELECOM Tbk LAPORAN ARUS KAS UNTUK TAHUN-TAHUN YANG BERAKHIR PADA TANGGAL 31 DESEMBER 2005 DAN 2004 (Angka dalam tabel disajikan dalam Rupiah. The accompanying Notes to Financial Statements form an integral part of these financial statements.000.475.649.333.652.750.601.110.226 (31.251.940 ) 113.616.792 119.143.694 CASH FLOW FROM OPERATING ACTIVITIES Cash receipts from customers Payments to suppliers and employees Cash receipts from operating activities Payment of interest Receipt of interest Payment of tax Receipt of tax restitution Payments of other operating activities Net Cash Provided by (Used in) Operating Activities (275.639.084 CASH FLOW FROM FINANCING ACTIVITIES Receipts from due to related parties Increase of long-term bank loans Payment of long-term bank loans Proceeds from issuance of shares Net Cash Provided by Financing Activities NET INCREASE OF CASH AND CASH EQUIVALENTS CASH AND CASH EQUIVALENTS AT BEGINNING OF YEAR CASH AND CASH EQUIVALENTS AT END OF YEAR Additional information of Cash Flow: Non-cash activities: 257.192 ) 1.370.795.432.294.114 ) (31.015 ) 168.053.887.206.484 115.576 ) (171.208 8.953 ) CASH FLOW FROM INVESTING ACTIVITIES Advance for fixed assets Purchase of fixed assets Short-term investments Proceeds from sale of fixed assets Net Cash Used in Investing Activities 91.457.444.798 (12.084 254.307 17.980.822 ) (322.761 (18.000.075.075.016 Conversion of debt to equity Reclassification of construction-inprogress to fixed assets with direct ownership Reclassification of advances to fixed asset Catatan atas Laporan Keuangan merupakan bagian yang tidak terpisahkan dari laporan keuangan secara keseluruhan.045.140.157.640 ) (15.263 ) 18.526.408 ) 59.753 (88.263.

C-31630 HT. 2005. Changes of the Articles 1.H.H.04. 3. The Company’s Establishment PT Bakrie Telecom Tbk (previously PT Radio Telepon Indonesia) (the Company) was established on August 13. perubahan jenis saham dan perubahan komposisi pemegang saham. S.04. 6 Year 1968.H. 2005 AND 2004 (Figures in table are expressed in Rupiah.2005 pada tanggal 5 Agustus 2005. 2.01. antara lain.01. yang kemudian diperbaharui dengan Undang-Undang No. antara lain: a. 94 of Muhani Salim. Pendirian Perusahaan dan Informasi Umum PT Bakrie Telecom Tbk (dahulu PT Radio Telepon Indonesia) (Perusahaan) didirikan pada tanggal 13 Agustus 1993 berdasarkan Akta Notaris Muhani Salim. dated November 23. the changes in the Company’s authorized share capital. Perubahan tersebut mendapatkan persetujuan dari Menteri Hukum dan Hak Azasi Manusia dengan Surat Keputusan No.TH. Anggaran Dasar Perusahaan terakhir dirubah berdasarkan keputusan para pemegang saham yang berkekuatan sama dengan Rapat Umum Pemegang Saham yang dituangkan dalam akta notaris No.2005 dated November 28.04.C-31506 HT. Sedangkan perubahan terhadap Pasal 4 Ayat 1 dan Ayat 2 serta Pasal 5 sampai dengan Pasal 29 telah dilaporkan kepada Menteri Hukum dan Hak Asasi Manusia Republik Indonesia dan telah diterima dan dicatat oleh Direktur Jenderal Administrasi Hukum Umum sebagaimana tertuang dalam surat No. among others.H. type of share. S. S. issued and fully paid capital. S. tanggal 30 Juni 2005 yang menyatakan kembali atas keputusan para Pemegang Saham yang berkekuatan sama dengan Rapat Umum Pemegang Saham (RUPS) No.01.TH. 2005. berdasarkan Akta Notaris No. S. 94 dalam rangka Undang-Undang Penanaman Modal Dalam Negeri No. 20 tanggal 23 Nopember 2005 oleh Agus Madjid.01.2005. 6 tahun 1968. C-31630 HT. unless otherwise stated) 1.01.04. The provisions of the Company’s Articles of Association have been amended several times. 1. C-31506 HT.01. tentang Perubahan Anggaran Dasar Perusahaan. 004/EST-Res/PS/VI/05 tanggal 30 Juni 2005 diantaranya tentang realisasi penempatan dana yang telah diterima Perusahaan menjadi penyertaan modal. The most recent Company’s Articles of Association have been amended by the resolution of the Company’s shareholders as notarized by deed No. Merubah Pasal 1. concerning the realization of Company’s fund replacement into capital stock. C-21821 HT. b. b. and composition of shareholders. 6 . among others.TH. Merubah status Perusahaan dari perusahaan tertutup menjadi perusahaan terbuka sehubungan dengan Penawaran Umum Saham Perdana.TH. dated June 30.PT BAKRIE TELECOM Tbk CATATAN ATAS LAPORAN KEUANGAN 31 DESEMBER 2005 DAN 2004 (Angka dalam tabel disajikan dalam Rupiah.H.15 of Muchlis Patahna. tanggal 29 Nopember 2005. 4 Annex 3 to 4 and Annex 8 has been approved by Minister of Law and Human Rights of Republic Indonesia through Decision Letter No.2005 tanggal 28 Nopember 2005. C-21821 HT.04. among others: a. kecuali dinyatakan lain) PT BAKRIE TELECOM Tbk NOTES TO FINANCIAL STATEMENTS DECEMBER 31. 2. The amendment has been approved by Minister of Law and Human Rights of Republic Indonesia through Decision Letter No. 12 Year 1970. perubahan modal ditempatkan dan disetor. based on Notarial Deed No. 4 Ayat 3 sampai dengan 4 dan Ayat 8 telah memperoleh persetujuan dari Menteri Hukum dan Hak Asasi Manusia Republik Indonesia dengan Surat Keputusan No.TH. 004/EST-Res/PS/ VI/05. S. 1993 based on Notarial Deed No. 2005 regarding the changes of Company’s Articles of Association.2005 dated November 29. No.04. 3.2005 on August 5.. 12 tahun 1970. Change the Company’s status from non-public company into public company in connection with the Initial Public Offering. 2005. UMUM a.H. within the framework of the Domestic Investment Law No. The changes of Article 4 Annex 1 and 2 also Articles 5 to 29 has been reported to Minister of Law and Human Rights of Republic of Indonesia and been accepted and noted by the Directorate General of General Law Administration through letter No. Anggaran Dasar Perusahaan telah mengalami beberapa kali perubahan. as amended by Law No. 15 oleh Muchlis Patahna.. GENERAL a. 2005 regarding the resolution of the Company’s shareholders No. 20 of Agus Madjid.TH.

Rasuna Said Kav. Initial Public Offering The Company has submitted the Registration Statement Letter to the Chairman of BAPEPAM through Letter No.000. Rasuna Said Kav. dated March 23. 2005 AND 2004 (Figures in table are expressed in Rupiah. b.000. 45/V/PMA/2001 dated April 27. 2001 and No. IX.000 (satu miliar seratus juta) Waran Seri I yang menyertai Saham Seri B Atas Nama kepada Ketua Badan Pengawas Pasar Modal (BAPEPAM) di Jakarta.000 (one billion and one hundred million) Warrant Series I that are included in Registered Shares Series B in accordance with Regulation No. 7218/EST. Bandung and some regions in West Java and Banten. S-743/DU6-BKPM/2001 dated September 20. sehubungan dengan Penawaran Umum Perdana Saham Seri B Atas Nama Tahun 2005 sebanyak 5. Lantai 2.05/FIN/XI/2005 dated November 25. Lampiran Keputusan Ketua BAPEPAM No. 2005 in connection with the Company’s Initial Public Offering of Registered Shares Series B of 5. 2001 concerning Premptive Rights and Regulation No. sesuai dengan persyaratan yang ditetapkan dalam Peraturan No.000 (lima miliar lima ratus juta) saham dengan nilai nominal Rp 100 (seratus rupiah) dan 1. jo KEP-07/PM/2001. 8 Year 1995. 2006 (see Note 35). Bandung dan beberapa wilayah di Jawa Barat dan Banten. IX. Penawaran Umum Saham Perdana Perusahaan telah menyampaikan Surat Pernyataan Pendaftaran dengan surat No. kecuali dinyatakan lain) PT BAKRIE TELECOM Tbk NOTES TO FINANCIAL STATEMENTS DECEMBER 31. tanggal 10 Nopember 1995 tentang Pasar Modal.2. 7218/EST. Jakarta Selatan. Jakarta Selatan dan memulai beroperasi secara komersial pada tanggal 1 Nopember 1995. The Company’s operations area are located in Jakarta.PT BAKRIE TELECOM Tbk CATATAN ATAS LAPORAN KEUANGAN 31 DESEMBER 2005 DAN 2004 (Angka dalam tabel disajikan dalam Rupiah. B-1. 2nd Floor. 1995. tanggal 13 Maret 2000 mengenai “Pedoman Mengenai Bentuk dan Isi Pernyataan Pendaftaran dalam Rangka Penerbitan HMETD” yang merupakan pelaksanaan dari Undang-undang Republik Indonesia No. H. 1995.000. GENERAL (Continued) The scope of activities of the Company comprises of providing fixed digital radio cellular telecommunication network and services.D. 2001.05/FIN/XI/2005. Jl.500. refering to KEP-07/PM/2001.100. Perusahaan berdomisili di Jakarta dengan kantor pusat berlokasi di Wisma Bakrie. Lampiran Keputusan Ketua BAPEPAM No. unless otherwise stated) 1. 1. The Company is domiciled in Jakarta with the head office located at Wisma Bakrie. B-1.R.1.100.000.500. KEP08/PM/2000. tanggal 17 Juli 2003.D. 45/V/PMA/2001 tanggal 27 April 2001 dan No. 2005 and noted in Jakarta Stock Exchange on February 3. 7 . KEP-08/PM/2000. IX.1. H. S-743/DU6-BKPM/2001 tanggal 20 September 2001. pada tanggal 25 Nopember 2005. 2000 concerning of “Guidance of Form and Substance of Registration Statement in Accordance with Issuance of Premptive Rights” as an implementation of Capital Market Law No. tanggal 23 Maret 2001 mengenai Hak Memesan Efek Terlebih Dahulu (HMETD) dan Peraturan No. UMUM (Lanjutan) Ruang lingkup kegiatan Perusahaan meliputi penyediaan jaringan dan penyelenggaraan jasa telekomunikasi dengan daerah operasi mencakup Jakarta.R. dated July 17. Jl. 8/1995.D. The Company obtained its status as a foreign capital investment company based on the Capital Investment Coordinating Board’s (BKPM) Decision Letter No. dated March 13. 2003. Attachment of Decision Letter of Chairman of BAPEPAM No. Attachment of Decision Letter of Chairman of BAPEPAM No. The Company started its commercial operations on November 1. KEP26/PM/2003. dated November 10.2. The Initial Public Offering has been approved in Extraordinary Shareholders’ General Meeting held on September 23. KEP-26/PM/2003. Perusahaan merubah statusnya sebagai Perusahaan Penanaman Modal Asing sesuai dengan Surat Keputusan Kepala Badan Koordinasi Penanaman Modal (BKPM) No.000 (five billion and five hundreds million) shares with nominal value of Rp 100 (one hundred Rupiah) and 1.D. Penawaran Umum Saham Perdana tersebut telah mendapatkan persetujuan dalam Rapat Umum Pemegang Saham Luar Biasa pada tanggal 23 September 2005 dan telah dicatat di Bursa Efek Jakarta pada tanggal 3 Pebruari 2006 (lihat Catatan 35). b. IX.

G. kecuali untuk akun tertentu yang dinyatakan berdasarkan basis lain seperti yang diungkapkan pada kebijakan akun tersebut.014 dan Rp 1. Jumlah karyawan Perusahaan pada tanggal 31 Desember 2005 dan 2004 masing-masing sebanyak 544 dan 437 karyawan.325.325. and the Capital Market Supervisory Board (Bapepam) circular letter No. SE-02/PM/2002 tanggal 27 Desember 2002 tentang Pedoman Penyajian dan Pengungkapan Laporan Keuangan Emiten atau Perusahaan Publik.724.VIII.072.072. except for the statements of cash flows. UMUM (Lanjutan) c. Direksi dan Karyawan Susunan dewan komisaris dan direksi Perusahaan pada tanggal 31 Desember 2005 dan 2004 adalah sebagai berikut: 2005 Dewan Komisaris Komisaris Utama Komisaris Independen Komisaris Independen Komisaris Komisaris Dewan Direksi Direktur Utama Wakil Direktur Utama Direktur Direktur Gafur Sulistyo Umar Ai Mulyadi Mamoer Raj Mitta Nalinkant A Rathod Ambono Janurianto Anindya Novyan Bakrie Juliandus Lumban Tobing Rakhmat Junaidi 1.7 Lampiran Keputusan BAPEPAM No.252. respectively. Dasar Penyajian Laporan Keuangan Laporan keuangan. kecuali untuk laporan arus kas.900.7 regarding guidelines for financial report presentation. Dewan Komisaris. 2005 and 2004 are Rp 2. The measurement basis used is historical cost. 2002.724. regarding Financial Statements Presentation Guidelines for on Public Company that conducts a public offering and decision letter of Bapepam No. Bismarka Kurniawan Rakhmat Junaidi Board of Commissioners President Commissioner Independent Commissioner Independent Commissioner Commissioner Commissioner Board of Directors President Director Vice President Director Director Director Remunerasi dewan komisaris dan dewan direksi Perusahaan untuk tahun-tahun yang berakhir pada tanggal 31 Desember 2005 dan 2004 masing-masing adalah sebesar Rp 2. 8 . kecuali dinyatakan lain) PT BAKRIE TELECOM Tbk NOTES TO FINANCIAL STATEMENTS DECEMBER 31. 2000 regarding the change in regulation No. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES The financial statements have been prepared in accordance with accounting principles generally accepted in Indonesia (Indonesian GAAP). Kebijakan akuntansi yang signifikan yang diterapkan Perusahaan secara konsisten adalah sebagai berikut: a. except for certain accounts recorded on the basis described in the related accounting policies. respectively. KEP-06/PM/2000 dated March 13. GENERAL (Continued) c. unless otherwise stated) 1. dan Surat Edaran BAPEPAM No. Boards of Commisioners and Directors The composition of the Company’s boards of Commissioners and Directors as of December 31. VIII. 2. are prepared using the accrual basis of accounting. Kep-06/PM/2000 tanggal 13 Maret 2000 tentang Pedoman Penyajian Laporan Keuangan. Peraturan No. IKHTISAR KEBIJAKAN AKUNTANSI PENTING Laporan keuangan Perusahaan telah disajikan sesuai dengan prinsip akuntansi yang berlaku umum di Indonesia. The remuneration of the Company’s boards of Commisioners and Directors for the years ended December 31.PT BAKRIE TELECOM Tbk CATATAN ATAS LAPORAN KEUANGAN 31 DESEMBER 2005 DAN 2004 (Angka dalam tabel disajikan dalam Rupiah. 2005 AND 2004 (Figures in table are expressed in Rupiah. Basis of Financial Statements The financial statements.014 and Rp 1. SE-02/PM/2002 dated December 27. Dasar pengukuran yang digunakan dalam penyusunan laporan keuangan adalah konsep biaya perolehan.900.G. 2. disusun berdasarkan konsep akrual. Employees. 2005 and 2004 are as follows: 2004 Virano Gazi Nasution Ai Mulyadi Mamoer Ambono Janurianto Anindya Novyan Bakrie R. As of December 31.252. Significant accounting policies applied consistently by the Company are as follows: a. 2005 and 2004 the Company had a total of 544 and 437 employees.

kecuali dinyatakan lain) PT BAKRIE TELECOM Tbk NOTES TO FINANCIAL STATEMENTS DECEMBER 31. d. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued) The statements of cash flows are prepared using the direct method. Changes of market value of available-for-sale securities are recorded in the separate section of equity and will be credited or charged to the statement of income when realized. Mata uang pelaporan yang digunakan dalam penyusunan laporan keuangan adalah Rupiah (“Rp”). Perubahan pada nilai pasar efek yang diklasifikasikan “tersedia untuk dijual” dicatat sebagai bagian tersendiri dalam ekuitas dan dikreditkan atau dibebankan pada laporan laba rugi pada saat realisasinya. Transaksi Hubungan Istimewa Perusahaan melakukan transaksi dengan pihakpihak yang memenuhi sifat hubungan istimewa. Penyisihan Piutang Ragu-ragu Perusahaan menetapkan penyisihan piutang ragu-ragu berdasarkan penelaahan manajemen terhadap kemungkinan tidak tertagihnya piutang pada akhir tahun. Laba atas pemulihan penyisihan piutang diakui pada tahun berjalan. investing and financing activities. It is based on the examination of the probability of collecting the accounts. Allowance for Doubtful Accounts The Company provides an allowance for doubtful accounts based on the assessment of the Company’s management on the collectibility of the accounts at the end of the year. e. 7. unless otherwise stated) 2. Short-term Investment Investments in securities that are held to maturity are stated at acquisition cost while securities that are available for sale are stated at fair market value. The reporting currency used in the preparation of the financial statements is the Indonesian Rupiah (“Rp”). b. e. In accordance with the PSAK No. Sesuai dengan PSAK No. Investasi Jangka Pendek Investasi pada efek yang dimiliki hingga jatuh tempo dinilai sebesar biaya perolehan dan untuk efek tersedia untuk dijual dinilai berdasarkan nilai pasar wajarnya. b. The writing off of receivables is based on management’s judgment on the recoverability of the accounts and for the recovery of allowance for doubtful accounts. c. IKHTISAR KEBIJAKAN AKUNTANSI PENTING (Lanjutan) Laporan arus kas yang disajikan dengan metode langsung dengan mengklasifikasikan penerimaan dan pengeluaran kas dan setara kas kepada kegiatan operasi. 7 “Related Party Disclosures”. pihak-pihak yang mempunyai hubungan istimewa adalah sebagai berikut: 2. 2005 AND 2004 (Figures in table are expressed in Rupiah. investasi dan pendanaan. cash flows being classified into operating. c. Penghapusan piutang dilakukan berdasarkan pertimbangan manajemen atas tidak tertagihnya piutang. sedangkan pemulihan penyisihan piutang ditentukan berdasarkan jumlah yang dapat tertagih atas piutang yang sudah disisihkan tersebut.PT BAKRIE TELECOM Tbk CATATAN ATAS LAPORAN KEUANGAN 31 DESEMBER 2005 DAN 2004 (Angka dalam tabel disajikan dalam Rupiah. “Pengungkapan Pihak-pihak Yang Mempunyai Hubungan Istimewa”. Setara kas Deposito berjangka dengan jangka waktu jatuh tempo tiga bulan atau kurang sejak tanggal penempatan dan tidak digunakan sebagai jaminan atas pinjaman serta tidak dibatasi penggunaannya diklasifikasikan sebagai “Setara Kas”. Gain on the recovery of allowance for doubtful accounts is recognized in the current operations. Transaction with Related Parties The Company has transactions with certain parties. d. Cash Equivalents Time deposits with the term of three months or less from placement date and not being used for collateral on loans and having no limitation on their usage are classified as “Cash Equivalents”. related parties are defined as follows: 9 . which are related to them.

through one or more intermediaries. This definition includes enterprises owned by the commissioners. in conjunction with their transactions with the Company). atau dikendalikan oleh. Ini mencakup perusahaan-perusahaan yang dimiliki anggota dewan komisaris. (3) Individuals owning. baik secara langsung maupun tidak langsung. and close members of the family of any such individual (close members of a family are defined as those members who are able to exercise influence or can be influenced by such individuals. (3) Perorangan yang memiliki. (4) Karyawan kunci. an interest in the voting power of the reporting enterprise that gives them significant influence over the enterprise. (2) Perusahaan asosiasi. dan (5) Perusahaan di mana suatu kepentingan substansial dalam hak suara dimiliki baik secara langsung maupun tidak langsung oleh setiap orang yang diuraikan dalam butir (3) atau (4). by any person described in (3) or (4) or over which such a person is able to exercise significant influence. directly or indirectly. yang meliputi anggota dewan komisaris. Seluruh transaksi signifikan dengan pihak hubungan istimewa dijelaskan dalam catatan atas laporan keuangan. kecuali dinyatakan lain) PT BAKRIE TELECOM Tbk NOTES TO FINANCIAL STATEMENTS DECEMBER 31. IKHTISAR KEBIJAKAN PENTING (Lanjutan) AKUNTANSI 2. suatu kepentingan hak suara di Perusahaan yang berpengaruh secara signifikan. directly or indirectly. those persons having authority and responsibility for planning. unless otherwise stated) 2. memimpin dan mengendalikan kegiatan Perusahaan. perusahaan pelapor (termasuk induk perusahaan. or are controlled by. subsidiaries and fellow subsidiaries). directing and controlling the activities of the reporting enterprise. (1) Perusahaan yang melalui satu atau lebih perantara. atau berada dibawah pengendalian bersama dengan. mengendalikan. and (5) Enterprises in which a substantial interest in the voting power is owned. directors or major stockholders of the reporting enterprise and enterprises that have a member of key management in common with the reporting enterprise. direksi dan manajer dari Perusahaan serta anggota keluarga dekat orang-orang tersebut. directors and managers of the enterprise and close members of the families of such individuals. including commissioners. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued) (1) Enterprises that. or are under common control with. dan anggota keluarga dekat dari perorangan tersebut (yang dimaksudkan dengan anggota keluarga dekat adalah mereka yang dapat diharapkan mempengaruhi atau dipengaruhi perorangan tersebut dalam transaksinya dengan Perusahaan). 10 . 2005 AND 2004 (Figures in table are expressed in Rupiah. (2) Associated companies. All significant transactions with related parties are disclosed in the notes to the financial statements. atau setiap orang tersebut mempunyai pengaruh signifikan atas perusahaan tersebut. (4) Key management personnel. yaitu orang-orang yang mempunyai wewenang dan tanggung jawab untuk merencanakan. the reporting enterprise (including holding companies. control. anak perusahaan dan fellow subsidiaries).PT BAKRIE TELECOM Tbk CATATAN ATAS LAPORAN KEUANGAN 31 DESEMBER 2005 DAN 2004 (Angka dalam tabel disajikan dalam Rupiah. direksi atau pemegang saham utama dari Perusahaan dan perusahaan-perusahaan yang mempunyai anggota manajemen kunci yang sama dengan Perusahaan. that is.

Aktiva Tetap Aktiva tetap dinyatakan berdasarkan biaya perolehan setelah dikurangi akumulasi penyusutan dan rugi penurunan nilai. license cost and purchase cost of land. berdasarkan hasil penelaahan terhadap kondisi persediaan.15 15 15 15 10 . biaya pengurusan dan biaya pembelian atas tanah tersebut. Biaya perolehan ditentukan dengan metode ratarata. “Accounting for Land”. Fixed Assets Fixed assets are stated at cost less accumulated depreciation and impairment loss. Biaya Dibayar Di Muka Biaya dibayar di muka diamortisasi sesuai masa manfaat masing-masing biaya dengan menggunakan metode garis lurus. Inventories Inventories are stated at the lower of cost or net realizable value. The net realizable value is determined based on the estimated selling price less the estimated cost of completion and the estimated costs necessary to realize the sale. Penyisihan atas penurunan nilai persediaan ditentukan. The acquisition cost includes permit. Cost is determined by the weightedaverage method. tanah dinyatakan sebesar biaya perolehan dan tidak disusutkan. based on a review of the conditions of the inventories. Nilai realisasi bersih ditentukan berdasarkan taksiran harga jual yang wajar setelah dikurangi dengan taksiran biaya yang diperlukan untuk menyelesaikan dan menjual persediaan tersebut. 11 . Persediaan Persediaan dinyatakan sebesar nilai terendah antara biaya perolehan dan nilai realisasi bersih. Penyusutan dihitung dengan menggunakan metode garis lurus berdasarkan taksiran masa manfaat ekonomis aktiva tetap sebagai berikut: 2. Prepaid Expenses Prepaid expenses are amortized over the period benefited using the straight-line method. Depreciation is computed using the straight-line method based on the estimated useful lives of fixed assets as follows: Tahun/ Years Bangunan Peralatan telekomunikasi: Sentral pemancar Stasiun pemancar Perangkat telepon Peralatan komunikasi data Terminal pemancar Fasilitas telekomunikasi: Sistem manajemen penagihan Menara pemancar Fasilitas dan perangkat listrik Peralatan pengangkutan Peralatan dan perabot kantor Sesuai dengan PSAK No. kecuali dinyatakan lain) PT BAKRIE TELECOM Tbk NOTES TO FINANCIAL STATEMENTS DECEMBER 31. 20 10 . unless otherwise stated) 2.PT BAKRIE TELECOM Tbk CATATAN ATAS LAPORAN KEUANGAN 31 DESEMBER 2005 DAN 2004 (Angka dalam tabel disajikan dalam Rupiah. 47. land acquisitions are stated at acquisition cost and not amortized. g. if any. h. h. Allowance for obsolete and slow-moving inventories is provided.15 10 .15 5 4-5 Building Telecommunication equipment: Switching Relay station Telephone equipment Data communication equipment Central relay Telecommunication facilities: Billing mangament system facilities Tower relay Electricity equipment and facilities Transportation equipment Office equipment and fixtures In accordance with PSAK No.15 10 . g. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued) f. 2005 AND 2004 (Figures in table are expressed in Rupiah. 47 “Akuntansi Tanah”. IKHTISAR KEBIJAKAN AKUNTANSI PENTING (Lanjutan) f. jika ada.15 10 . Biaya perolehan mencakup biaya ijin.

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued) The costs of maintenance and repairs are charged to expense as incurred while significant renewals and betterments are capitalized. Akumulasi biaya perolehan akan dipindahkan ke masing-masing aktiva tetap yang bersangkutan pada saat aktiva selesai dan siap digunakan. Construction-in-progress is stated at acquisition cost. Kapitalisasi Beban Pinjaman Sesuai dengan PSAK No. nilai tercatat beserta akumulasi penyusutannya dikeluarkan dari kelompok aktiva tetap. atau dijual. which includes borrowing costs from loans incurred to finance the construction of the assets during the period of development and foreign exchange gain or loss that is attributable to the asset. j. beban bunga. 2. IKHTISAR KEBIJAKAN AKUNTANSI PENTING (Lanjutan) Biaya pemeliharaan dan perbaikan dibebankan sebagai biaya pada saat terjadinya. 48. dikapitalisasi sampai dengan proyek aktiva tersebut siap digunakan dan proyek yang bersangkutan beroperasi secara penuh (lihat Catatan 11). yang mengindikasikan bahwa nilai tercatat aktiva tidak dapat dipulihkan sepenuhnya. “Impairment of Asset”. “Penurunan Nilai Aktiva”. The accumulated cost will be reclassified to the appropriate fixed asset accounts and capitalization of these borrowing costs ceases when projects are completed and ready for their intended use. Based on PSAK No.PT BAKRIE TELECOM Tbk CATATAN ATAS LAPORAN KEUANGAN 31 DESEMBER 2005 DAN 2004 (Angka dalam tabel disajikan dalam Rupiah. an impairment loss is recognized in the current year’s statement of income to decrease the carrying amount of an asset to its recoverable amount. pemugaran dan penambahan dalam jumlah signifikan dikapitalisasi. i. Sesuai dengan PSAK No. their carrying values and the related accumulated depreciation are removed from the accounts and any resulting gain or loss is credited or charged to current operations. selisih kurs yang terjadi akibat transaksi pinjaman dan biayabiaya lain yang digunakan untuk pemasangan peralatan. 26 (Revised 1997). 2005 AND 2004 (Figures in table are expressed in Rupiah. 12 . the Company conducts a review of the carrying value of fixed assets for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable. Selisih lebih antara nilai tercatat aktiva dengan taksiran jumlah yang dapat diperoleh kembali dibebankan pada operasi tahun berjalan. Capitalization of these borrowing costs ceases when the construction in installation is substantially completed and the asset is ready for its intended use (see Note 11). dan laba atau rugi yang terjadi dilaporkan dalam laporan laba rugi tahun yang bersangkutan. Aktiva dalam penyelesaian dinyatakan sebesar biaya perolehan. i. unless otherwise stated) 2. “Biaya Pinjaman”. Deferred Charges Costs incurred in connection with the development of telecommunication projects which has futute benefits are deferred and amortized using the straight-line method ranging from three (3) to eight (8) years of useful life. Capitalization of Borrowing Costs In accordance with the revised PSAK No. Whenever the carrying amount of an asset exceeds its recoverable amount. j. Beban Ditangguhkan Biaya yang timbul sehubungan dengan pengembangan proyek telekomunikasi yang memiliki masa manfaat ekonomis di masa depan ditangguhkan dan diamortisasi sesuai perkiraan masa manfaat ekonomis dengan menggunakan metode garis lurus selama tiga (3) tahun sampai delapan (8) tahun. 26 (Revisi 1997). 48. Perusahaan menelaah nilai tercatat aktiva tetap terhadap kemungkinan penurunan nilai aktiva ke nilai wajar apabila terdapat kejadian atau perubahan kondisi sebagaimana dijelaskan dalam PSAK No. Biaya perolehan mencakup biaya pinjaman untuk membiayai pembangunan serta laba atau rugi kurs yang dapat diatribusikan ke aktiva dalam penyelesaian tersebut. “Borrowing Costs”. interest charges and foreign exchange differences on borrowings and other costs incurred to finance construction in installation of major facilities are capitalized. kecuali dinyatakan lain) PT BAKRIE TELECOM Tbk NOTES TO FINANCIAL STATEMENTS DECEMBER 31. When assets are retired or otherwise disposed of. 48. Aktiva tetap yang sudah tidak digunakan lagi.

Beban diakui pada saat terjadinya. kecuali dinyatakan lain) PT BAKRIE TELECOM Tbk NOTES TO FINANCIAL STATEMENTS DECEMBER 31. known as Removable User Identification Module (RUIM) cards and pulse reload vouchers. Penjualan kartu pulsa isi ulang (pra-bayar) diakui sebagai pendapatan diterima di muka dan diakui secara proporsional sebagai pendapatan pada saat pemakaian pulsa atau pada saat kartu telah habis masa berlakunya. dan kartu pulsa isi ulang diakui sebagai berikut: • 2. Expenses are recognized as incurred. unless otherwise stated) 2. yang terdiri dari penjualan kartu perdana. Pulse reload vouchers (prepaid) sales are initially recorded as unearned income and then proportionately recognized as usage revenue based on successful calls made by the subscribers or whenever the unused stored value of the voucher has expired.PT BAKRIE TELECOM Tbk CATATAN ATAS LAPORAN KEUANGAN 31 DESEMBER 2005 DAN 2004 (Angka dalam tabel disajikan dalam Rupiah. while usage airtime and monthly subscription charges are recognized when earned. Pendapatan kartu pra-bayar. are recognized as follows: • • Penjualan kartu perdana diakui sebagai pendapatan saat penyerahan kepada agen penjual atau penjualan langsung kepada pelanggan akhir. which are based on agreements with other domestic and international telecommunication carriers are recognized as incurred and are presented on a net basis after deduction of interconnection expenses. Revenue and Expense Recognition Fixed telephone revenue Revenue from connection services is recognized as income at the time the service or the installation is completed. Pendapatan diterima dimuka Pendapatan sewa dan jasa Perusahaan tertentu ditagihkan dimuka berdasarkan kontrak. Unearned revenue Revenue from rent and certain Company’s services are invoiced in advance based on agreement and the balance is recorded under “Unearned Revenue” in the current liabilities section in the balance sheet. pendapatan dari jasa penyambungan diakui pada saat aktivasi oleh pelanggan sedangkan pendapatan pulsa serta pendapatan bulanan diakui pada saat terjadinya. Pendapatan dari pemakaian pulsa diakui pada saat pulsa tersebut dihasilkan. Revenue from prepaid cards. yang dikenal sebagai kartu Removable User Identification Module (RUIM). setelah dikurangi beban interkoneksi. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued) k. 13 . Tagihan tersebut yang belum diakui sebagai pendapatan pada tanggal neraca dicatat sebagai “Pendapatan Diterima Dimuka” dalam komponen kewajiban lancar pada neraca. Pengakuan Pendapatan dan Beban Pendapatan telepon tidak bergerak Pendapatan dari jasa penyambungan diakui pada saat jasa atau instalasi tersebut selesai dilaksanakan. Limited mobility telephone revenue For post-paid subscribers. IKHTISAR KEBIJAKAN AKUNTANSI PENTING (Lanjutan) k. • Pendapatan Interkoneksi Pendapatan dari interkoneksi yang didasarkan pada perjanjian interkoneksi dengan penyelenggaraan telekomunikasi dalam negeri dan internasional. Starter pack sales are recognized upon delivery of starter packs to dealers or directly to customers. 2005 AND 2004 (Figures in table are expressed in Rupiah. which consists of sale of starter packs. Interconnections revenue Revenues from network interconnection. revenues from connection services are recognized as income at the time the connections take place. diakui pada saat terjadinya dan disajikan sebesar pendapatan bersih. Pendapatan telepon bergerak terbatas Untuk pelanggan pasca bayar. Revenue from usage charges is recognized as earned.

Cadangan Manfaat Karyawan Pada bulan Juli 2004. IKHTISAR KEBIJAKAN AKUNTANSI PENTING (Lanjutan) Pendapatan Lain-lain Pendapatan jasa lainnya diakui pada saat penyerahan jasa tersebut. unless otherwise stated) 2. The resulting gains or losses are credited or charged to current operations. cuti sakit yang dibayar) dan imbalan jangka panjang lainnya (imbalan jasa jangka panjang.830 dan Rp 9. PSAK No. post-employment medical benefits). Expenses Expenses are recognized when incurred (accrual basis). paid annual leave.830 and Rp 9. m. Pada tanggal 31 Desember 2005 dan 2004. Laba atau rugi selisih kurs yang timbul dikreditkan atau dibebankan pada usaha tahun berjalan. the exchange rates used were Rp 9.g. the Indonesian Institute of Accountants issued PSAK No. paid sick leave) and other long-term benefits (e.g. 24 issued in 1994. 2. Ikatan Akuntan Indonesia mengeluarkan PSAK No.290 to US$ 1. the Company accounted for the change in accounting policy retrospectively and restated the financial statements for the year ended December 31. 24 (Revisi 2004) menggantikan PSAK No. l. 24 (Revised 2004) replaced PSAK No. “Employee Benefits”.PT BAKRIE TELECOM Tbk CATATAN ATAS LAPORAN KEUANGAN 31 DESEMBER 2005 DAN 2004 (Angka dalam tabel disajikan dalam Rupiah. m. 24 (Revisi 2004). imbalan kesehatan pasca kerja). respectively. Transaksi dan Saldo dalam Mata Uang Asing Transaksi dalam mata uang asing dicatat ke dalam Rupiah berdasarkan kurs pada saat transaksi dilakukan. yang mengatur akuntansi dan pengungkapan atas imbalan kerja dan mencakup tidak hanya imbalan pensiun tetapi juga imbalan jangka pendek (cuti tahunan yang dibayar. which regulates the accounting and disclosure for employee benefits and covers not only retirement benefits but also short-term (e. yang mencakup hanya biaya imbalan pensiun. l. “Imbalan Kerja”. Pada tanggal neraca. PSAK No. 14 . Provision for Employee Benefit In July 2004. monetary assets and liabilities denominated in currencies other than Rupiah are adjusted to Rupiah to reflect the middle exchange rate published by Bank Indonesia at the last banking transaction date of the year. 2005 and 2004. Foreign Currency Transactions and Balances Transactions involving foreign currencies other than Rupiah are recorded at the rates of exchange prevailing at the time the transactions are made. Beban Beban diakui pada saat terjadinya. At balance sheet date. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued) Other Revenues Revenues from other services are recognized when the services are rendered. 24 (Revisi 2004). As of December 31. Sehubungan dengan penerapan PSAK No. 2005 AND 2004 (Figures in table are expressed in Rupiah. 24 yang dikeluarkan tahun 1994. Upon adoption. kecuali dinyatakan lain) PT BAKRIE TELECOM Tbk NOTES TO FINANCIAL STATEMENTS DECEMBER 31. Perusahaan mencatat perubahan dalam kebijakan akuntansi secara retrospektif dan menyajikan kembali laporan keuangan untuk tahun yang berakhir pada tanggal 31 Desember 2004. 2004. which covered only retirement benefit cost. kurs yang digunakan masing-masing sebesar Rp 9.290 untuk AS$ 1. aktiva dan kewajiban moneter dalam mata uang asing dijabarkan ke dalam Rupiah berdasarkan kurs tengah Bank Indonesia pada tanggal terakhir transaksi perbankan pada tahun tersebut. longservice leave. 24 (Revised 2004).

sedangkan aktiva pajak tangguhan hanya diakui jika terdapat kemungkinan penghasilan kena pajak dimasa yang akan datang yang dapat dimanfaatkan terhadap perbedaan temporer tersebut. Aktiva dan kewajiban pajak tangguhan telah di off-set pada neraca. Hasil sebenarnya dapat berbeda dari jumlah yang diestimasi. unless otherwise stated) 2. Diluted earnings (loss) per share is computed by dividing net income (loss) by the weighted average number of common shares outstanding as adjusted for the effects of all potential dilution. Basic Earnings (Loss) Per Share In accordance with PSAK No. deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases.PT BAKRIE TELECOM Tbk CATATAN ATAS LAPORAN KEUANGAN 31 DESEMBER 2005 DAN 2004 (Angka dalam tabel disajikan dalam Rupiah. Laba (Rugi) Per Saham Dasar Sesuai PSAK No. o. Perusahaan mengakui aktiva dan kewajiban pajak tangguhan atas pengaruh pajak dimasa yang akan datang yang mencerminkan perbedaan antara nilai tercatat aktiva dan kewajiban dengan masing-masing dasar pengenaan pajaknya. Use of Estimates The preparation of financial statements in conformity with Indonesian GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. 46. 2. 56. Deferred tax assets and liabilities are off-set in the balance sheet. “Accounting for Income Taxes”. Based on the deferred tax method. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued) n. Penggunaan Estimasi Penyusunan laporan keuangan berdasarkan prinsip-prinsip akuntansi yang berlaku umum di Indonesia mengharuskan manajemen untuk membuat estimasi dan asumsi yang mempengaruhi jumlah aktiva dan kewajiban yang dilaporkan. “Akuntansi Pajak Penghasilan”. Pajak Penghasilan Perusahaan menerapkan metode pajak tangguhan untuk menentukan beban pajak penghasilan sesuai dengan PSAK No. 2005 AND 2004 (Figures in table are expressed in Rupiah. o. Actual results could differ from those estimates. p. p. “Laba Per Saham”. kecuali dinyatakan lain) PT BAKRIE TELECOM Tbk NOTES TO FINANCIAL STATEMENTS DECEMBER 31. 15 . dan pengungkapan aktiva dan kewajiban kontinjensi pada tanggal laporan keuangan. IKHTISAR KEBIJAKAN AKUNTANSI PENTING (Lanjutan) n. Laba (rugi) per saham dilusian dihitung dengan membagi laba (rugi) bersih dengan jumlah ratarata tertimbang saham biasa yang beredar selama periode pelaporan setelah disesuaikan efek berpotensi saham biasa yang sifatnya dilutif. Kewajiban pajak tangguhan diakui untuk semua perbedaan temporer kena pajak. Income Tax The Company applied the deferred tax method to determine its tax expense (benefit) in accordance with PSAK No. Deferred tax liabilities are recognized for all taxable temporary differences and deferred tax assets are recognized for deductible temporary differences to the extent it is probable that taxable income will be available in future periods against which the deductible temporary differences can be utilized. serta jumlah pendapatan dan beban yang dilaporkan selama periode yang dilaporkan. basic earning (loss) per share is computed by dividing net income or net loss by the weighted-average number of common shares outstanding during the year. 46. Berdasarkan metode tersebut. Perusahaan menghitung laba (rugi) bersih per saham dasar dengan membagi laba (rugi) bersih dengan jumlah rata-rata tertimbang saham biasa yang beredar selama tahun yang bersangkutan. 56. “Earnings Per Share”.

252.135 31.577.bersih Jumlah kewajiban tidak lancar Defisit Jumlah ekuitas Beban karyawan Jumlah beban usaha Rugi usaha Rugi sebelum beban pajak Beban pajak tangguhan Rugi bersih 34.090.240 127.594.692.782.759.417.028 166.798 Accrued expenses Total current liabilities Deferred tax liabilities .017.991.228.303 4.517.435.370 298.750.913.508 75.621 229.007 34. PENYAJIAN KEMBALI LAPORAN KEUANGAN Perusahaan telah menyajikan kembali laporan keuangan untuk tahun yang berakhir pada tanggal 31 Desember 2004 karena Perusahaan menerapkan PSAK No.656.171 34.702 2. RESTATEMENT OF FINANCIAL STATEMENTS The Company has restated the financial statements for the years ended December 31.250.061.993 228.797 917.279.512 5.561.024.595.224.926.189.798 4.749.408 539.494.net Total non-current liabilities Deficit Total equity Employee expense Total operating expenses Operating loss Loss before provision for income tax Deferred tax expense Net loss 4.111.232.186 30. kecuali dinyatakan lain) PT BAKRIE TELECOM Tbk NOTES TO FINANCIAL STATEMENTS DECEMBER 31.325 947.630 790.600 126.199 297.028 510.914 15.264.428.527.790.098.886 36.466.936.931.596.549 123.772.423 1.389.543.673.893 67.736 132. unless otherwise stated) 3. KAS DAN SETARA KAS Akun ini terdiri dari: 2005 Kas Bank Rupiah PT Bank Permata Tbk PT Bank Danamon Indonesia Tbk PT Bank Mandiri (Persero) Tbk PT Bank Central Asia Tbk PT Bank Umum Koperasi Indonesia PT Bank Tabungan Pensiunan Nasional PT Bank Mega Tbk PT Bank Negara Indonesia (Persero) Tbk PT Bank Syariah Mandiri PT Bank Lippo Tbk PT Bank Niaga Tbk PT Bank Ekonomi 1.721.533.971 573.177.677 6.322 68.011 20.203.067.398 3.640.321.354.588.977.235. 2005 AND 2004 (Figures in table are expressed in Rupiah.882.445 1.918. 2004 with previous financial statements that has been reported is as follows: Disajikan kembali/ As Restated 37.659.628.247.775. CASH AND CASH EQUIVALENTS This account consists of: 2004 743.084.351.830.083.551.599 166. The comparison of restated financial statements as of and for the year ended December 31.407.107 4.000 574.565 698.582 919.307 131. 2004 to conform to PSAK No.144.039.713 123.443.829 226.780 699.043.294.050 229.994. 24 (Revised 2004) regarding “Employee Benefits”.294.383. which is to be applied retrospectively.641 10.447.774.414.595 257.951 4.048 6.437 Cash on hand Banks Rupiah PT Bank Permata Tbk PT Bank Danamon Indonesia Tbk PT Bank Mandiri (Persero) Tbk PT Bank Central Asia Tbk PT Bank Umum Koperasi Indonesia PT Bank Tabungan Pensiunan Nasional PT Bank Mega Tbk PT Bank Negara Indonesia (Persero) Tbk PT Bank Syariah Mandiri PT Bank Lippo Tbk PT Bank Niaga Tbk PT Bank Ekonomi 16 . Perbandingan atas penyajian kembali laporan keuangan untuk tahun yang berakhir pada tanggal 31 Desember 2004 dengan laporan keuangan yang telah dilaporkan sebelumnya adalah sebagai berikut: Dilaporkan Sebelumnya/ As Previously Reported Biaya masih harus dibayar Jumlah kewajiban lancar Kewajiban pajak tangguhan .508. 24 (Revisi 2004) tentang “Imbalan Kerja” secara retrospektif.264.484.213.PT BAKRIE TELECOM Tbk CATATAN ATAS LAPORAN KEUANGAN 31 DESEMBER 2005 DAN 2004 (Angka dalam tabel disajikan dalam Rupiah.814 67.696.621.

Nilai pasar wajar investasi ini pada tanggal 31 Desember 2005 sebesar Rp 31.4.000.601.000) Jumlah Deposito Berjangka Jumlah Kas dan Setara Kas 4.639 101.4.356.216 70.000 - 24. 5. Periode maksimum untuk penempatan dana ini antara 1 (satu) minggu sampai dengan 3 (tiga) bulan dengan imbal hasil sebesar 15% per tahun. 2005 AND 2004 (Figures in table are expressed in Rupiah.980. 2005 amounted to Rp 31.677 pada tahun 2005 dan 2004 Jumlah Bank Deposito Berjangka Rupiah PT Bank Permata Tbk PT Bank Danamon Indonesia Tbk PT Bank Mega Tbk Dolar AS PT Bank Danamon Indonesia Tbk (AS$ 2. including the unrealized gain on investment amounting to Rp 374.420. 17 .075. unless otherwise stated) 4. INVESTASI JANGKA PENDEK Akun ini merupakan penempatan dana dalam efek tersedia untuk dijual yang dikelola oleh PT Danatama Makmur (Danatama) dan PT Recapital Asset Management (Recapital) sebagai manajer investasi berdasarkan perjanjian pengelolaan dana yang ditandatangani oleh Perusahaan dengan Danatama dan Recapital.000) PT Bank Permata Tbk (US$ 2.500. SHORT-TERM INVESTMENTS This account represents the available for sale investments managed by PT Danatama Makmur (Danatama) and PT Recapital Asset Management (Recapital).000) PT Bank Permata Tbk (AS$ 2.467 879. The interest rates of time deposits in 2005 for Rupiah and US$ are 7% .032.PT BAKRIE TELECOM Tbk CATATAN ATAS LAPORAN KEUANGAN 31 DESEMBER 2005 DAN 2004 (Angka dalam tabel disajikan dalam Rupiah.980.10% per year and 3% .527.700.000) Total Time Deposits Total Cash and Cash Equivalents 3.000.10% per tahun dan 3% .962.270 dan AS$ 20.963 120.263.000.244.000 6.000 55.439 pada tahun 2005 dan 2004 PT Bank Umum Koperasi Indonesia (AS$ 7.000.000 207.084 Kisaran suku bunga tahun 2005 untuk deposito berjangka Rupiah dan AS$ masing-masing adalah sebesar 7% .527.877. respectively.660.000.25% per tahun.377 45.555. The maximum period for this fund insertion is 1 (one) week up to 3 (three) months and the earnings yield was 15% per year.610. investment managers.447 and US$ nil in 2005 and 2004) PT Bank Mandiri (Persero) Tbk (US$ 12. CASH AND CASH EQUIVALENTS (Continued) 2004 US Dollar PT Bank Permata Tbk (US$ 341.877. which is based on the fund management agreements signed by the Company and Danatama and Recapital.256.398.158. kecuali dinyatakan lain) PT BAKRIE TELECOM Tbk NOTES TO FINANCIAL STATEMENTS DECEMBER 31.478 23.693.500.270 and US$ 20.000.25% per year.575.439 in 2005 and 2004) PT Bank Umum Koperasi Indonesia (US$ 7.628.000 254.447 dan AS$ nihil pada tahun 2005 dan 2004 PT Bank Mandiri (Persero) Tbk (AS$ 12.561 189.519.358 22.677 in 2005 and 2004) Total Cash in Banks Time Deposits Rupiah PT Bank Permata Tbk PT Bank Danamon Indonesia Tbk PT Bank Mega Tbk US Dollar PT Bank Danamon Indonesia Tbk (US$ 2. The fair market value of this investments as of December 31. 5.877.000 19. KAS DAN SETARA KAS (Lanjutan) 2005 Dolar AS PT Bank Permata Tbk (AS$ 341. termasuk laba investasi yang belum terealisasi sebesar Rp 374.555.584.219 dan AS$ 94.219 and US$ 94.553.398.158.000.

363 3.435 (98.319 1.499. 2005 and 2004 is adequate to cover the possibilities of non collection of trade receivables.603.041.783.341 989. TRADE RECEIVABLES This account consists of: 2004 60.270.584 98.499.850 Voucher and starter pack Telecommunication equipment Total 18 .335.047.120 7.336.408.349.848.385.802.102.251 Connection service Usage service Total Less allowance for doubtful accounts Trade receivables .302.742.539 5.793 119.327 994.499.349.039.563 5.380.581 2.873.202.147 137.852.808.520.60 hari Lebih dari 60 hari .603.814 (92.net Analisis umur piutang usaha adalah sebagai berikut: 2005 Sampai dengan 30 hari Lebih dari 30 hari .663 137.104.780.295.512.769.238.435 The aging schedule of trade receivables is as follows: 2004 24.90 days Over 90 days Total Mutasi penyisihan piutang ragu-ragu atas piutang usaha adalah sebagai berikut: 2005 Saldo awal tahun Penyisihan piutang tak tertagih Saldo akhir tahun 92.452.057 119.336. 2005 and 2004 are used as collateral for long-term loan to PT Bank Mandiri (Persero) Tbk (see Note 17).202.434.147 Changes in the allowance for doubtful accounts of trade receivables are as follows: 2004 89.783.302.247.202.510 3. 7.563 ) 27.974. manajemen Perusahaan berkeyakinan bahwa penyisihan piutang ragu-ragu untuk tahun-tahun yang berakhir pada tanggal 31 Desember 2005 dan 2004 adalah cukup untuk menutup kemungkinan kerugian dari tidak tertagihnya piutang usaha.393.531.349.60 days Òver 60 days .905.177 3. Based on the results of the examination of each receivable.302.486.375 93. All of the trade receivables as of December 31.270.487 2.147 ) 39.053 92. PIUTANG USAHA Akun ini terdiri dari: 2005 Jasa penyambungan Jasa pemakaian Jumlah Dikurangi penyisihan piutang ragu-ragu Piutang usaha .PT BAKRIE TELECOM Tbk CATATAN ATAS LAPORAN KEUANGAN 31 DESEMBER 2005 DAN 2004 (Angka dalam tabel disajikan dalam Rupiah.90 hari Lebih dari 90 hari Jumlah 30.757 58.440.070.853. kecuali dinyatakan lain) PT BAKRIE TELECOM Tbk NOTES TO FINANCIAL STATEMENTS DECEMBER 31. PERSEDIAAN Akun ini terdiri dari: 2005 Pulsa isi ulang dan kartu perdana Perangkat telekomunikasi Jumlah 2.482.288 6.795. unless otherwise stated) 6.772 76. 2005 AND 2004 (Figures in table are expressed in Rupiah.292.034. Berdasarkan hasil penelaahan terhadap status akun piutang masing-masing pelanggan pada tanggal neraca.bersih 60.340.174. INVENTORIES This account consists of: 2004 1.563 Beginning balance of the year Provisions during the year Ending balance of the year Seluruh saldo piutang usaha pada tanggal 31 Desember 2005 dan 2004 digunakan sebagai jaminan atas pinjaman jangka panjang kepada PT Bank Mandiri (Persero) Tbk (lihat Catatan 17).171.068.487.814 Up to 30 days Over 30 days .499. the Company’s management believes that allowance for doubtful accounts for the years ended December 31.770 102.

kecuali dinyatakan lain) PT BAKRIE TELECOM Tbk NOTES TO FINANCIAL STATEMENTS DECEMBER 31.894 1.077. Hongkong PT Katarina Utama PT Trakindo Utama Nortel Networks Singapore Pte.344.619 Uang muka sewa dan pembelian merupakan uang muka yang telah diberikan untuk sewa lahan Base Transceiver Stations (BTS) dan uang muka pembelian barang selain aktiva tetap.648.399.358 290.623 Redknee (Ireland) Ltd.569. Sedangkan uang muka operasional departemen merupakan uang muka yang diterima oleh departemen yang bersangkutan tetapi belum dipertanggungjawabkan.909 3.670.519. 2005 AND 2004 (Figures in table are expressed in Rupiah.238.256 1. BIAYA DIBAYAR DI MUKA Akun ini terdiri dari: 2005 Sewa ruangan dan lahan BTS (lihat Catatan 27) Asuransi Gerai Biaya emisi saham Ijin frekuensi Lain-lain Jumlah 22. Advance for department operation represents advances which were received by related department which were not liquidated yet.174. UANG MUKA Akun ini terdiri dari: Sewa dan pembelian Operasional departemen Jumlah 24.283.175.825 3. 7. Huawei Tech.. ADVANCE FOR FIXED ASSETS This account consists of: 2004 14.332.122 1.850.432.153.055.564.636.418.574.121.514.557 1.298 Advance for rent and purchases is an advance for Base Transceiver Stations (BTS) rent and purchase of goods other than fixed assets.025.812.. 9.575.869. unless otherwise stated) 7. UANG MUKA PEMBELIAN AKTIVA TETAP Akun ini terdiri dari: 2005 Redknee (Ireland) Ltd.318. INVENTORIES (Continued) Inventories were insured invarious insurance Companies together with fixed assets (see Note 11).651 1. All inventories were used as collaterals for the Company’s loan (see Note 17).277. 8.. 9. PT Tiara Lilin Indonesia Lain-lain Jumlah 5. Ltd.346. Singapura Fresnel Microwave System Ltd.207 722.161. Investment Co.034.913 9.259.024.650 3.898.839.550. Ltd. Hongkong PT Katarina Utama PT Trakindo Utama Nortel Networks Singapore Pte.276 1.214. Ltd.331. PT Tiara Lilin Indonesia Others Total 19 .730 2.282.471 6..148 31.287.569. PERSEDIAAN (Lanjutan) Persediaan diasuransikan secara bersamaan dengan aktiva tetap (lihat Catatan 11) dan dijadikan jaminan atas pinjaman Perusahaan (lihat Catatan 17).158.845 20.753. Singapore Fresnel Microwave System Ltd.094 2.052.174. Investment Co.561 540.832 22. ADVANCES This account consists of: 2005 2004 8.779 10.859 312.536.160.415 40. Huawei Tech.228.518 11.202.793.724. PREPAID EXPENSES This account consists of: 2004 15.238.PT BAKRIE TELECOM Tbk CATATAN ATAS LAPORAN KEUANGAN 31 DESEMBER 2005 DAN 2004 (Angka dalam tabel disajikan dalam Rupiah.350 30.733.168 Rent and purchases Department operation Total 8. Ltd.959.720 60.394.307 Building and BTS area rent (see Note 27) Insurance Outlets Shares issuance cost Frequency license Others Total 10.900.633 3.937.

526.857.992.594 1.PT BAKRIE TELECOM Tbk CATATAN ATAS LAPORAN KEUANGAN 31 DESEMBER 2005 DAN 2004 (Angka dalam tabel disajikan dalam Rupiah.218. UANG MUKA PEMBELIAN AKTIVA TETAP (Lanjutan) Uang muka pembelian aktiva tetap merupakan uang muka untuk pembelian peralatan dan fasilitas telekomunikasi yang dibayarkan kepada para pemasok sesuai dengan persyaratan kontrak (lihat Catatan 33a.944.695 Peralatan pengangkutan 2.364.947 ) - 47. 2005 and 2004 are as follows: 2005 Saldo Awal 1 Januari/ Beginning balance January 1 Harga Perolehan Pemilikan langsung Hak atas tanah 3.568.927.516.202 9.123.643 47.653.374.778. 33f.728 162.842.380.255 Peralatan pengangkutan 2.564.648.749 Fasilitas telekomunikasi 38.329 Bangunan 7. and 33k).798.000.364.304.703 367.680 4.395. dan 33k).002.306 422.440.046.142.453.481.536.484 322.299 386.672.301 - - 1.176.721.559.517.718 306.349.863 629.400.634.258 1.204 36.463.767.822 1.114 - 268.674.395.436.423 Fasilitas telekomunikasi 111. 33f.169 119.963.760 15. AKTIVA TETAP Saldo dan mutasi aktiva tetap untuk tahun-tahun yang berakhir pada tanggal 31 Desember 2005 dan 2004 adalah sebagai berikut: 11.863 1.661.001.278.862 Akumulasi Penyusutan Pemilikan langsung Bangunan 1.760.802 120.865.448.000 47.731.638 Peralatan telekomunikasi 434.814.964. 33g.559.965.943.614 3.863 Peralatan telekomunikasi 1.497.678.043.341 20 .873.701.083. 10.222.487.551 540.846.984.037.521 885.020. 33g.000 Peralatan dan perabot kantor 41.119.126. 2005 AND 2004 (Figures in table are expressed in Rupiah. FIXED ASSETS Balance and movements of fixed assets for the years ended December 31.769.491.257.416.385.504.890.694 Jumlah Akumulasi Penyusutan Nilai Buku 509.333. kecuali dinyatakan lain) PT BAKRIE TELECOM Tbk NOTES TO FINANCIAL STATEMENTS DECEMBER 31.854.257.144 Penambahan/ Additions Pengurangan/ Deductions Reklasifikasi/ Reclassification Saldo Akhir 31 Desember/ Ending balance December 31 Acquisition costs Direct Ownership Land rights Building Telecommunication equipment Telecommunication facilities Transportation equipment Office equipment and fixtures Total 990.216 268.731.458.064.154. 11.517.252 105.329 7.087. 33j.894 8.352.431.309.400. 33j.670.598 - (268.837. ADVANCE FOR FIXED ASSETS (Continued) Advances for fixed assets are intended for the puchase of telecommunication equipments and facilities from suppliers based on the contracts (see Notes 33a.717.882.460 Equipment-in-progress Telecommunication equipment and facilities Total Acquisition Costs Accumulated Depreciation Direct Ownership Building Telecommunication equipment Telecommunication facilities Transportation equipment Office equipment and fixtures Total Accumulated Depreciation Net Book Value Jumlah Harga Perolehan 1.327.911.582.651 9.897.975.561 2.834 Jumlah Aktiva dalam penyelesaian Peralatan dan fasilitas telekomunikasi 1.392.972.524 Peralatan dan perabot kantor 32.944 3. unless otherwise stated) 10.000 5.

104.650.712.352.203 513.757.323.585. the Company sold certain fixed assets with net book value of Rp nil. with selling price of Rp 59.834.798.553 290.639.792.892 Peralatan dan perabot kantor 38.083.992.757.000.862.458.085.569.043.715 22.796.882.424 267.834 1. masing-masing sebesar Rp 119.370.684 Jumlah Akumulasi Penyusutan Nilai Buku 418.695 2. In 2004.341 Peralatan telekomunikasi 355.927.583 307.792 3. Peralatan dan fasilitas telekomunikasi CDMA dengan nilai jaminan Rp 400. 2005 AND 2004 (Figures in table are expressed in Rupiah.844.380.972.517.453.535.456.255 2. Transportation equipment amounting to Rp 1. Pada tahun 2004. adalah sebagai berikut: 1.749 38.482. kecuali dinyatakan lain) PT BAKRIE TELECOM Tbk NOTES TO FINANCIAL STATEMENTS DECEMBER 31.276.404 Peralatan dan perabot kantor 28.672.964.323.010 91.142.521 885. AKTIVA TETAP (Lanjutan) Saldo Awal 1 Januari/ Beginning balance January 1 Harga Perolehan Pemilikan langsung Hak atas tanah Bangunan 11.924.639.416.037.000.798.862 Jumlah Harga Perolehan 1.423 111.330 Akumulasi Penyusutan Pemilikan langsung Bangunan 1.452.395.416.972.964.957 1.507.236. respectively.892 109.524 32.653.585. 2005 and 2004.585. In 2004.144 Peralatan telekomunikasi 872.769.313.024 Peralatan pengangkutan 2.236.903 7.844 109.000 3.869.000.154. CDMA telecommunication equipment and facilities amounting to Rp 400.731.000 41.271.192.045.802 4.534.416.419.497.392. The details of fixed assets used as collateral for the longterm loan from PT Bank Mandiri (Persero) Tbk (see Note 17) are as follows: 1.424 109.000.872. Kendaraan dengan nilai jaminan Rp 1.455.364.299 434.257. FIXED ASSETS (Continued) 2004 Saldo Akhir 31 Desember/ Ending balance December 31 Acquisition Costs Direct Ownership Land rights Building Telecommunication equipment Telecommunication facilities Transportation equipment Office equipment and fixtures Total Equipment-in-process Telecommunication equipment Total Acqusition Costs Accumulated Depreciation Direct Ownership Building Telecommunication equipment Telecommunication facilities Transportation equipment Office equipment and fixtures Total Accumulated Depreciation Net Book Value Penambahan/ Additions Pengurangan/ Deductions Reklasifikasi/ Reclassification 3.066.045.929.000. Perusahaan menjual aktiva tetap tertentu dengan nilai buku Rp nihil seharga Rp 59. Perusahaan melakukan kapitalisasi atas beban pinjaman ke dalam aktiva tetap sebesar Rp 12.064.416.455.061 236.924.892 108. 21 .436.583.871 109.459.517.857.008.001.123.298.892 109.257.364.416.410 Jumlah Aktiva dalam penyelesaian Peralatan telekomunikasi 95.161.990.373 23.339.219 dan Rp 91. the Company capitalized borrowing cost of Rp 12.793.718 1.907.916 Fasilitas telekomunikasi 88.433.761 Pada tahun 2004.323.892 - 1.792 108.671 84.PT BAKRIE TELECOM Tbk CATATAN ATAS LAPORAN KEUANGAN 31 DESEMBER 2005 DAN 2004 (Angka dalam tabel disajikan dalam Rupiah.678.329 2.400.694 509.846 Fasilitas telekomunikasi 31.509.848.562.247.599. unless otherwise stated) 11.584. 2.504.963. Depreciation expense charged to operations for the years ended December 31.041.757. 2.760.416.844 untuk tahun-tahun yang berakhir pada tanggal 31 Desember 2005 dan 2004.716 78.740.037.639.218.105.161.964.848 to fixed assets.304.009.385.276. Rincian aktiva tetap yang digunakan sebagai jaminan atas pinjaman jangka panjang kepada PT Bank Mandiri (Persero) Tbk (lihat Catatan 17). Seluruh beban penyusutan dibebankan ke beban usaha.846. amounted to Rp 119.572.052 Peralatan pengangkutan 1.863 1.196.329 7.558.863.892 (108.219 and Rp 91.599.924.816.546.738.569 685.792 ) - 9.012 4.

dengan nilai pertanggungan masing-masing sebesar AS$ 108.PT BAKRIE TELECOM Tbk CATATAN ATAS LAPORAN KEUANGAN 31 DESEMBER 2005 DAN 2004 (Angka dalam tabel disajikan dalam Rupiah. The Company’s management believes that these sums insured are adequate to cover the possibilities of loss on insured assets.258 1. PT Asuransi Himalaya Pelindung.914 dan Rp 80. PT Asuransi Tugu Pratama Indonesia. Based on the review of fixed assets at the end of the year. the Company’s management believes that there is no indication of impairment of fixed assets as of December 31. pihak ketiga.325 498.634. 22 .492. Fixed assets with direct ownership as well as inventories are insured for risk of fire and other risks based on certain blanket policies with PT Asuransi Astra Buana.590.258 11. PT Asuransi Tugu Pratama Indonesia.849 pada tanggal 31 Desember 2005 dan AS$ 145. 2005 and 2004.817.619.449.894. 2005 and 2004 represents telecommunication equipment that is being installed with the following percentage of completion: Deskripsi Peralatan telekomunikasi BTS New Tech Fasilitas telekomunikasi Tower New Tech Jumlah Estimasi Penyelesaian/ Estimated Completion Maret 2006 / March 2006 Maret 2006 / March 2006 Description Telecommunication equipment BTS New Tech Telecommunication facilities Tower New Tech Total 2004 Penyelesaian/ Completion % 63 60 67 66 64 Nilai Tercatat/ Book Value 1.943 dan Rp 63.253.320.590. PT Asuransi Wahana Tata and PT Asuransi Jaya Proteksi.617 4.877 pada tanggal 31 Desember 2004.320.894. FIXED ASSETS (Continued) Equipment-in-progress as of December 31. AKTIVA TETAP (Lanjutan) Aktiva dalam penyelesaian pada tanggal 31 Desember 2005 dan 2004 merupakan peralatan telekomunikasi yang sedang dipasang dengan persentase penyelesaian sebagai berikut: 2005 Penyelesaian/ Completion % 80 80 80 Nilai Tercatat/ Book Value 45.914 and Rp 80. third parties. 2005 and US$ 145.039 9. unless otherwise stated) 11.307. manajemen Perusahaan berkeyakinan bahwa tidak terdapat indikasi penurunan nilai aktiva tetap pada tanggal 31 Desember 2005 dan 2004. Berdasarkan penelaahan atas aktiva tetap pada akhir tahun.056.253.142.943 and Rp 63.112.718 Estimasi Penyelesaian/ Estimated Completion Agustus 2005/August 2005 Agustus 2005/August 2005 Agustus 2005/August 2005 Agustus 2005/August 2005 Deskripsi Peralatan CDMA Fasilitas CDMA Komponen jaringan Instalasi dan material Jumlah Description CDMA Equipment Facility CDMA Channel Element Installation & site material Total Aktiva tetap dibawah pemilikan langsung diasuransikan bersamaan dengan persediaan untuk risiko kebakaran dan risiko lainnya berdasarkan suatu paket polis tertentu kepada PT Asuransi Astra Buana. Manajemen Perusahaan berkeyakinan bahwa nilai pertanggungan tersebut adalah cukup untuk menutup kemungkinan kerugian atas aktiva yang dipertanggungkan.737 3. 2005 AND 2004 (Figures in table are expressed in Rupiah.327. PT Asuransi Ramayana.963. 2004. PT Asuransi Ramayana.672.649.467.708. with total sum insured of US$ 108. kecuali dinyatakan lain) PT BAKRIE TELECOM Tbk NOTES TO FINANCIAL STATEMENTS DECEMBER 31.814. PT Asuransi Himalaya Pelindung.112. PT Asuransi Wahana Tata dan PT Asuransi Jaya Proteksi.877 as of December 31.000 47.307.849 as of December 31.882.

818 1.BERSIH Akun ini merupakan merupakan biaya-biaya yang dikeluarkan dalam pengembangan proyek telekomunikasi CDMA 2000 1X dan pengembangan merek ESIA.168..200 1.073.891. Ltd.380 33.566. Ltd..744.806. Singapore Suntec Business Solution Pte.447 in 2005 and Rp 5.566.924.236.424.937.124..720 21.000 4.Direktorat Jenderal Pos dan Telekomunikasi PT Dawamiba Engineering PT Tiara Lilin Indonesia PT Bhanda Graha Lain-lain (dibawah Rp 500 juta) Jumlah 4. Ltd. Amortization expense of deferred charges of Rp 9.500 3. T System ITC Singapore Ltd.419.440 5. Investment Co.430 Rupiah PT Dian Mentari Pratama PT Estika Jasatama The Department of Communication and Informatics . Singapura Suntec Business Solution Pte.498 12.693 Brand development and selling Technology development Total Amortisasi beban ditangguhkan sebesar Rp 9. Others (below Rp 500 million) 22.225.607. Ltd Mobile Websurf India Pvt.515.PT BAKRIE TELECOM Tbk CATATAN ATAS LAPORAN KEUANGAN 31 DESEMBER 2005 DAN 2004 (Angka dalam tabel disajikan dalam Rupiah.109 1.390 2.395 3. TRADE PAYABLES This account consists of: 2004 Third parties Foreign currencies Nortel Networks Singapore Pte.513.244.387 Mata uang Rupiah PT Dian Mentari Pratama PT Estika Jasatama Departemen Komunikasi dan Informatika .124.092.333.896.220 1.244.553.814.308 4.502.810 850. Singapura Fresnel Microwave System Ltd.391. Ltd Mobile Websurf India Pvt.855.327.836.024.806 in 2004 was recorded as part of “Other Services Expense” account in statements of income.742.230. Ltd.Ltd Hughes Network Systems Pte.865. Lain-lain (dibawah Rp 500 juta) 13.017.378.159 6.534 27.930.896.218 47.716.265.965.513.287 5.941.681.227.035.089. Ltd.640 1. Singapore Fresnel Microwave System Ltd. unless otherwise stated) 12.630 982.815 4.274 16.820 1.413.517 1. dengan rincian sebagai berikut: 2005 Pengembangan merek dan pemasaran Pengembangan teknologi Jumlah 11. Investment Co.417.785.168. Ltd. The details are as follows: 2004 21.444 16.. HUTANG USAHA Akun ini terdiri dari: 2005 Pihak ketiga Mata uang asing Nortel Networks Singapore Pte.714. Ltd. Huawei Tech.174. 2005 AND 2004 (Figures in table are expressed in Rupiah.500 2.496 6. Ltd.333.220. T System ITC Singapore Ltd.450.114.829. Huawei Tech. DEFERRED CHARGES .212.127.612.693.896 1. kecuali dinyatakan lain) PT BAKRIE TELECOM Tbk NOTES TO FINANCIAL STATEMENTS DECEMBER 31.806 pada tahun 2005 dan 2004 dicatat sebagai “Beban Jasa Lainnya” dalam laporan laba rugi.483 937.The Directorate General of Post and Telecommunication PT Dawamiba Engineering PT Tiara Lilin Indonesia PT Bhanda Graha Others (below Rp 500 million) Total 215.667.098 12.294.811.339.127 2.500.569. BEBAN DITANGGUHKAN . Hongkong I'M Technologies Pte.370 685.270 2.447 dan Rp 5.199.NET This account represents expenses for the development of telecommunication CDMA 2000 1X project and ESIA brand.575 69.478. Hongkong I'M Technologies Pte.513 23 .709.509.735.016.913.Ltd Hughes Network Systems Pte.636.457.589. 13.722.468.224 4.

867 12.755 55.804.758.455.294 Up to 30 days Over 30 days .327 14.281.831.323 379. HUTANG USAHA (Lanjutan) 2005 Beban interkoneksi PT Excelcomindo Pratama Tbk PT Indosat Tbk PT Telekomunikasi Indonesia (Persero) Tbk PT Telekomunikasi Selular 748. unless otherwise stated) 13.629.953 1.633.466.139 154.001 3.90 hari Lebih dari 90 hari Jumlah 2.966 4.225.847 112.803 5.327 The analysis of aging schedule for other payables are as follows: 2004 655. TRADE PAYABLES (Continued) 2004 3.629.545 13.100.670.534.240.205.873.523.943.995.105 24.450 835.60 days Over 60 days .480.783.60 hari Lebih dari 60 hari .723.244.466.953.800 154.611 865.951.391 55.614. 2005 AND 2004 (Figures in table are expressed in Rupiah.423 1.294 Total Related party PT Multi Kontrol Nusantara Total Interconnection expense PT Excelcomindo Pratama Tbk PT Indosat Tbk PT Telekomunikasi Indonesia (Persero) Tbk PT Telekomunikasi Selular 331.331.346.255 In Rupiah currency In foreign currencies Total Analisis umur hutang lain-lain adalah sebagai berikut: 2005 Sampai dengan 30 hari Lebih dari 30 hari .837.418.569 14.220 6.103 11.032.873.235. HUTANG LAIN-LAIN Akun ini terdiri dari: 2005 Dalam mata uang Rupiah Dalam mata uang asing Jumlah 2.PT BAKRIE TELECOM Tbk CATATAN ATAS LAPORAN KEUANGAN 31 DESEMBER 2005 DAN 2004 (Angka dalam tabel disajikan dalam Rupiah.032. kecuali dinyatakan lain) PT BAKRIE TELECOM Tbk NOTES TO FINANCIAL STATEMENTS DECEMBER 31.343 3.406 1. OTHER PAYABLES This account consists of: 2004 3.115 3.026.603.90 days Over 90 days Total 14.999.189.585.669.800 Analisis umur hutang usaha pihak ketiga adalah sebagai berikut: 2005 Sampai dengan 30 hari Lebih dari 30 hari .472.60 hari Lebih dari 60 hari .751 4.855.524.131 60.222.367.995.614.255 Up to 30 days Over 30 days .953.90 hari Lebih dari 90 hari Jumlah 27.041.114.585.633.140 6.274.588 1.804.374 4.306.369.139 331.095 86.367.858.60 days Over 60 days .545 Jumlah Hubungan istimewa PT Multi Kontrol Nusantara Jumlah 60.634.875.043.363.545 The aging schedule for trade payables to third parties is as follows: 2004 17.563.943.90 days Over 90 days Total 24 .

930.75% dari pendapatan bersih setelah dikurangi beban piutang ragu-ragu tahun berjalan.693. 16.647 5.937 7.601 37.693.057.000. lihat Catatan 3)/ (As restated.616. UANG JAMINAN PELANGGAN Uang jaminan pelanggan merupakan pembayaran dari pelanggan warung telekomunikasi (wartel) sebagai jaminan atas penggunaan fasilitas telekomunikasi masing-masing sebesar Rp 14. 2005 and 2004. 25 . unless otherwise stated) 15.479 3. 2005 AND 2004 (Figures in table are expressed in Rupiah.232.750.802. Concession royalty to the Department of Communication and Informatics . BIAYA MASIH HARUS DIBAYAR Akun ini terdiri dari: 16. kecuali dinyatakan lain) PT BAKRIE TELECOM Tbk NOTES TO FINANCIAL STATEMENTS DECEMBER 31.the Directorate General of Post and Telecommunication Rent Freight Electricity and water Postage Retention Others (for amounts below Rp 500. respectively.725 2. The Company made interconnection network agreements with certain telephone operators on which the Company is obliged to pay interconnection expense based on agreements (see Note 33). ACCRUED EXPENSES This account consists of: 2004 (Disajikan Kembali.270 pada tanggal 31 Desember 2005 dan 2004.876.522.522.919 1.037.000) Jumlah 24.Direktorat Jenderal Pos dan Telekomunikasi merupakan royalti atas penggunaan area frekuensi dengan tarif sebesar 1% dari pendapatan bersih ditambah dengan 0.252 1.878.396.023 613.444. 15.720 Interconnection Marketing and promotion Employee benefits obligation (see Note 28) Concession royalty to the Department of Communication and Informatics .147 13.400 632.583.072.643.469 5.303.541 2.840 2.342.052.432.068.287.400 921.000.187.247.032. see Note 3) 19.75% of net income after the deduction of allowance for doubtful account expense in the current year. dimana Perusahaan diharuskan membayar beban interkoneksi sesuai perjanjian (lihat Catatan 33).806.057 63.431 1.874.134.000) Total 2005 Interkoneksi Pemasaran dan promosi Cadangan manfaat karyawan (lihat Catatan 28) Royalti konsesi kepada Departemen Komunikasi dan Informatika Direktorat Jenderal Pos dan Telekomunikasi Sewa Ongkos angkut Listrik dan air Beban pos Retensi Lain-lain (masing-masing dibawah Rp 500.964.247.the Directorate General of Post and Telecommunication represents the royalty for using the frequency area with a rate of 1% of net income plus an additional 0.986.227.270 as of December 31.425 1. CUSTOMERS’ DEPOSIT Customer’s deposit amounting to Rp 14.353 dan Rp 12.600 Perusahaan telah mengadakan perjanjian kerjasama interkoneksi jaringan dengan beberapa operator telepon.197.632.421.385.486 1.812.353 and Rp 12.583. represents guarantee deposits received from telecommunication shop (wartel) customers as assurance for using telecommunication facilities.832.398.894. Royalti konsesi kepada Departemen Komunikasi dan Informatika .068.878.183 5.PT BAKRIE TELECOM Tbk CATATAN ATAS LAPORAN KEUANGAN 31 DESEMBER 2005 DAN 2004 (Angka dalam tabel disajikan dalam Rupiah.508.095.

950. 2005 and 2004 is loan from PT Bank Mandiri (Persero) Tbk (Bank Mandiri).930.000.665 17.000 diturunkan menjadi Rp 220. Fasilitas kredit ini dibebankan bunga sebesar 16% per tahun. 2004.PT BAKRIE TELECOM Tbk CATATAN ATAS LAPORAN KEUANGAN 31 DESEMBER 2005 DAN 2004 (Angka dalam tabel disajikan dalam Rupiah.400. Fasilitas kredit ini dibebankan bunga sebesar 16% per tahun.138. Loan to Bank Mandiri represents the loan obtained by the Company on April 16. 2003. 2.000 diturunkan menjadi Rp 263.000 ) 473.175.708 Outstanding loan Less current maturities Long-term portion Pinjaman kepada Bank Mandiri merupakan pinjaman yang diperoleh Perusahaan pada tanggal 16 April 2003.306. with the terms and conditions as follows: A.000 ) 492.248.000 dengan jangka waktu pengembalian sampai dengan triwulan IV tahun 2011 termasuk masa tenggang waktu pembayaran pokok pinjaman sampai dengan triwulan III tahun 2005 dan dibayarkan secara angsuran tiap triwulan yang dimulai pada triwulan IV tahun 2005. LONG-TERM BANK LOAN The long-term bank loan as of December 31. Kredit investasi pembiayaan kembali Pagu maksimum sebesar Rp 239.950. 2005 Saldo pinjaman Dikurangi bagian jatuh tempo dalam waktu satu tahun Bagian jangka panjang 509.665 (36. Rescheduling of Principal Repayment 1.001.000 with principal payment terms until the fourth quarter of 2011.306. pinjaman investasi proyek CDMA dan fasilitas pinjaman atas bunga dalam masa konstruksi dengan keseluruhan pagu pinjaman sebesar Rp 548. Refinancing Investment Credit Maximum credit ceiling of Rp 239.931. unless otherwise stated) 17.181. Perusahaan telah melakukan penjadualan kembali atas hutang tersebut.000 has been reduced to Rp 263. Pada tanggal 27 September 2004.000.043. which consists of refinancing loan.000 with principal payment terms until the fourth quarter of 2011.325. On September 27.000.708 (6. This credit facility bears interest at 16% per annum. It has a grace period until the third quarter of 2005.248. investment CDMA project loan and facilities loan interest during construction with total maximum plafond amounting to Rp 548.598. Penjadualan Kembali Angsuran Pokok 1.Proyek CDMA Pagu maksimum sebesar Rp 274. 2004 498. Investment Credit .000. 26 . and will be paid quarterly starting fourth quarter of 2005.000. 2.459. dengan ketentuan dan syarat-syarat sebagai berikut: A. It has a grace period until the third quarter of 2005.400.000 has been reduced to Rp 220.CDMA project Maximum credit ceiling of Rp 274.980. and will be paid quarterly starting fourth quarter of 2005.000.000.023.325.000. Kredit investasi . yang terdiri dari pinjaman pembiayaan kembali. 2005 AND 2004 (Figures in table are expressed in Rupiah.952. kecuali dinyatakan lain) PT BAKRIE TELECOM Tbk NOTES TO FINANCIAL STATEMENTS DECEMBER 31.356.952.000. This credit facility bears interest at 16% per annum.000. the Company rescheduled these loans.000 dengan jangka waktu pengembalian sampai dengan triwulan IV tahun 2011 termasuk masa tenggang waktu pembayaran pokok pinjaman sampai dengan triwulan III tahun 2005 dan dibayarkan secara angsuran tiap triwulan yang dimulai pada triwulan IV tahun 2005. PINJAMAN BANK JANGKA PANJANG Pinjaman bank jangka panjang pada tanggal 31 Desember 2005 dan 2004 seluruhnya merupakan pinjaman yang diperoleh dari PT Bank Mandiri (Persero) Tbk (Bank Mandiri).

000.952. Kredit Investasi Proyek CDMA Maksimal penarikan kredit untuk KI pembiayaan kembali sebesar Rp 16. B. Credit facility Interest During Construction (IDC) . 3. and will be paid quarterly starting fourth quarter of 2005.080.080.942.000 IC has an unutilized remaining balance of Rp 16. unless otherwise stated) 17.891 dengan ketentuan maksimal jumlah baki debet sebesar Rp 263.598.080. Investment Credit (IC) CDMA Project Out of the maximum total credit ceiling of Rp 263.190.PT BAKRIE TELECOM Tbk CATATAN ATAS LAPORAN KEUANGAN 31 DESEMBER 2005 DAN 2004 (Angka dalam tabel disajikan dalam Rupiah.929. The maximum credit for IC-IDC was Rp 32.891.000 RIC has an unutilized remaining balance of Rp 5.000. The total overall credit Rp 516.080. It has a grace period until the third quarter of 2005. 3. Refinancing Investment Credit (RIC) Out of the maximum total credit ceiling of Rp 220.000.000.670. This credit facility bears interest at 16% per annum.325.956.000. 17.000 diturunkan menjadi Rp 32.080. 2.000. 27 . 2.000 with principal payment terms until the fourth quarter of 2011. ceiling amounts to B.000.598. Investment Credit Interest During Constructions (IC-IDC) a. and b. Fasilitas kredit ini dibebankan bunga sebesar 16% per tahun.000.000 has been reduced to Rp 32. Jangka waktu penarikan maksimal sampai dengan 31 Desember 2004 dengan ketentuan 65% bunga berjalan KI Proyek CDMA dibebankan pada plafond KI IDC dan 35% dibayar efektif oleh Perusahaan. PINJAMAN BANK JANGKA PANJANG (Lanjutan) 3. Ketersediaan Sisa Saldo Fasilitas 1.598.929.248. LONG-TERM BANK LOAN (Continued) 3.956.080.325.000 dengan jangka waktu sampai dengan triwulan IV tahun 2011 termasuk masa tenggang waktu pembayaran pokok pinjaman sampai dengan triwulan III tahun 2005 dan dibayarkan secara angsuran tiap triwulan yang dimulai pada triwulan IV tahun 2005.598.190.942. Jumlah keseluruhan pagu pinjaman menjadi sebesar Rp 516.670. 2005 AND 2004 (Figures in table are expressed in Rupiah. dan b.952.000. 2004 with a stipulated condition that 65% of IC CDMA Project will be charged to IC-IDC and 35% will be paid by the remaining balance of the Company.798.000 dengan ketentuan maksimal jumlah baki debet sebesar Rp 220.000 that originated from interest loan of IC.CDMA Project Maximum credit ceiling of Rp 33. Kredit Investasi (KI) Pembiayaan Kembali Maksimal penarikan kredit untuk KI pembiayaan kembali sebesar Rp 5.798. Fasilitas kredit Interest During Construction (IDC) .Proyek CDMA Pagu maksimum sebesar Rp 33. The maximum withdrawal is until December 31. kecuali dinyatakan lain) PT BAKRIE TELECOM Tbk NOTES TO FINANCIAL STATEMENTS DECEMBER 31. Kredit investasi Interest During Constructions (KI-IDC) a. Availability of the remaining balance of the facility 1.000. Utilisasi kelonggaran sisa plafond KIIDC untuk menampung bunga berjalan KI Proyek CDMA dengan maksimal jumlah baki debet Rp 32.248.

giving a loan to another party.000 36. memelihara rasio hutang terhadap ekuitas maksimum 233%. membuka kantor cabang baru. Perusahaan telah memperoleh persetujuan tertulis dari Bank Mandiri pada tanggal 12 Januari 2006 untuk merubah ketentuan perjanjian kredit diantaranya berupa penghapusan negative covenant untuk membagikan bonus. Perusahaan juga diharuskan memenuhi. PINJAMAN BANK JANGKA PANJANG (Lanjutan) Adapun jadual pembayaran pokok pinjaman untuk KI Refinancing. being a guarantor for another party. among others.000 51. the following covenants: 1 Maintain minimum current ratio of 120%. opening a new branch office. dan 2.000 129. obtain a new loan. such as using the credit facility for other purposes then written in agreement. dan mengadakan rapat umum pemegang saham dengan agenda perubahan anggaran dasar perusahaan.175. unless otherwise stated) 17.679. menerima pinjaman baru. carrying out merger and disposal to another entity. The Company is required to comply with. and composition of Directors and/or Commisioners.730. declaring and paying bonus and/or dividend. 2005 AND 2004 (Figures in table are expressed in Rupiah.459.679. permodalan. dan komposisi Direksi dan atau Komisaris. ketentuan-ketentuan sebagai berikut: 1. making a loan to shareholders. The loan agreement stipulates certain conditions whereby the Company is prohibited from undertaking certain actions without prior approval from Bank Mandiri.000 Years 2005 2006 2007 2008 2009 2010 2011 Total Dalam perjanjian pinjaman terdapat beberapa persyaratan dimana Perusahaan tidak diperbolehkan untuk melakukan tindakan-tindakan tanpa persetujuan Bank Mandiri antara lain untuk menggunakan fasilitas kredit diluar tujuan dalam perjanjian.242. The Company obtained a written approval from Bank Mandiri dated January 12.798. KI Proyek CDMA dan KI-IDC berdasarkan hasil penjadualan kembali pinjaman adalah sebagai berikut: Tahun 2005 2006 2007 2008 2009 2010 2011 Jumlah 17. and holding a shareholders’ general meeting for the amendment of the Articles of Association.000 138.000 103. dividen dan/atau pembagian keuntungan lain berlaku sejak tanggal Pernyataan Pendaftaran Emisi Efek sehubungan dengan Penawaran Umum kepada Ketua Bapepam pada tanggal 25 Nopember 2005. antara lain.359. memelihara rasio lancar minimum 120%.880.000 516. membagikan bonus dan atau dividen.890.000 51. 28 .890. 2005. and 2 Maintain maximum debt-to-equity ratio (DER) of 233%. menjual/mengalihkan aset Perusahaan baik yang dijaminkan maupun yang tidak kepada pihak lain.PT BAKRIE TELECOM Tbk CATATAN ATAS LAPORAN KEUANGAN 31 DESEMBER 2005 DAN 2004 (Angka dalam tabel disajikan dalam Rupiah. LONG-TERM BANK LOAN (Continued) The schedules of the required principal payment on IC Refinancing. dividend and/or distributed another earnings effective from the date of Registration Statements of Issuance of Shares in connection with Initial Public Offering to chairman of Bapepam dated November 25.080. melakukan penggabungan usaha dan pelepasan usaha ke entitas lain.930. kecuali dinyatakan lain) PT BAKRIE TELECOM Tbk NOTES TO FINANCIAL STATEMENTS DECEMBER 31. selling or transferring the Company’s assets whether being collateralized or not to another party. menjadi penjamin terhadap pihak lain.980. 2006 to changes certain term in loan agreement. among others ommited negative covenant for distributed bonusses. IC CDMA project and IC-IDC based on the rescheduling of the loan are as follows: Jumlah/ Amounts 6. investing in shares. melakukan penyertaan saham. equities. melakukan pembayaran atas pinjaman kepada pemegang saham. memberikan pinjaman kepada pihak lain.780.199.

persedian barang. 6. 5.236.980.000. The loan obtained from Bank Mandiri is collateralized with the following assets: 1. Shelter dan ME dengan nilai objek dan nilai penjaminan Rp 400.000.000 which is in accordance with the payment schedule stated in the agreement. Deficit cash flow guarantee dari PT South East Asia Pipe Industries dan PT Bakrie Corrugated Metal Industry.000.229. Jaminan Fiducia atas mesin-mesin. Land located in fifteen (15) areas of total value of Rp 46. Jaminan Fiducia atas piutang yang ada dengan nilai objek per tanggal 3 Desember 2004 senilai Rp 23. dan inventaris senilai Rp 500.PT BAKRIE TELECOM Tbk CATATAN ATAS LAPORAN KEUANGAN 31 DESEMBER 2005 DAN 2004 (Angka dalam tabel disajikan dalam Rupiah.039. 3. Bogor. Shelter and ME of total value Rp 400. Sampai dengan tanggal 31 Desember 2005. Banten and Bandung.100.236.922. Deficit cash flow guarantee from PT South East Asia Pipe Industries and PT Bakrie Corrugated Metal Industry.585. the Company has to maintain a scrap account in Bank Mandiri. Transportation equipment of total Rp 1. Trade receivables with net book value as of December 3. 2. Pinjaman yang diperoleh dari Bank Mandiri dijamin dengan aktiva Perusahaan sebagai berikut: 1.922 collateralized as Fiducia.492.000 collateralized as Fiducia.500.161. 6. 2004 of Rp 23.276 collateralized as Fiducia.229. which will be utilized for paying the interest on the loan. 2005 and 2004 are as follow: 2004 72% 364% Current ratio Debt-to-equity ratio Berdasarkan perjanjian atas fasilitas pinjaman tersebut.000 collateralized as Fiducia. atas kendaraan senilai Based on the above agreement.500. 2005 AND 2004 (Figures in table are expressed in Rupiah. Project CDMA consisting of CDMA 2000-1X technology network located in Jakarta.000.980. 3. unless otherwise stated) 17. Tangerang.161. Perusahaan telah melakukan pembayaran sebesar Rp 6.000 sesuai dengan jadwal pembayaran yang telah disepakati.350. 2005.350.039.585. Billing System. Jaminan Fiducia Rp 1.000.000. Bekasi.459. 29 .492. LONG-TERM BANK LOAN (Continued) The current ratio and debt-to-equity ratios of Company equity for the years ended December 31. kecuali dinyatakan lain) PT BAKRIE TELECOM Tbk NOTES TO FINANCIAL STATEMENTS DECEMBER 31. 4. Perusahaan harus memelihara rekening penampungan di Bank Mandiri yang akan digunakan untuk membayar bunga pinjaman. Jaminan Fiducia atas proyek CDMA berupa jaringan tekhnologi CDMA 2000-1X di daerah Jabotabek dan Bandung. inventories and equipment of total value Rp 500.459. sebagai pihak hubungan istimewa. value 4. as related parties. Machinery. As of December 31. 5.276. 2. PINJAMAN BANK JANGKA PANJANG (Lanjutan) Berikut ini adalah rasio lancar dan rasio hutang terhadap ekuitas Perusahaan untuk tanggal 31 Desember 2005 dan 2004 masing-masing adalah sebagai berikut: 2005 Rasio lancar Rasio hutang terhadap ekuitas 199% 81% 17. Billing System.100. the Company has paid of Rp 6. Limabelas (15) bidang tanah dengan total nilai jaminan Rp 46.

000 1. 2005 and 2004 are as follows: 2005 Jumlah Saham Modal Dasar/ Number of Authorized Shares 10.206. CAPITAL STOCK The Company’s authorized shares and composition of shareholders for the years ended December 31.935 390.858.416.000 3.000.000 78. Total Common shares series B PT Bakrie & Brothers Tbk CMA Fund Management Ltd.089.211.000.252.000.111.794. Jumlah Saham biasa seri B PT Bakrie & Brothers Tbk CMA Fund Management Ltd.000.000 314.304.00 71.045 7.500 752.490.515 2.454. MODAL SAHAM Modal dasar Perusahaan dan komposisi pemegang saham Perusahaan untuk tahun-tahun yang berakhir pada tanggal 31 Desember 2005 dan 2004 adalah sebagai berikut: 18.111.606.913. PT Bakrie Communications Richweb Investments Limited Jumlah Jumlah Modal/ Amount (Rp) 890.785 596.045 9.211.600.000.293.979.000.195 42.20 21.000 2.000 Nominal/ Nominal (Rp) 1. 2005 AND 2004 (Figures in table are expressed in Rupiah.791.527.000 500.748.000.000.740 309.650.527.000 Jumlah/ Total (Rp) 400.000 119.895. kecuali dinyatakan lain) PT BAKRIE TELECOM Tbk NOTES TO FINANCIAL STATEMENTS DECEMBER 31.94 100.000 2.652.500 5.219.37 4.751.903.052.500 Jenis saham Saham biasa seri A Saham biasa seri B Jumlah Shares Common shares series A Common shares series B Total 2005 Jumlah Saham Ditempatkan dan Disetor Penuh/ Number of Shares Issued and Fully Paid 4.141.38 100.935 13.454. unless otherwise stated) 18.500 119.49 2.321.000.165.091.000 252.000.387.165.00 66.46 10.219.37 6.300.913.103.00 Nama Pemegang Saham Saham biasa seri A PT Bakrie & Brothers Tbk PT Bakrie Communications Richweb Investments Limited CMA Fund Management Ltd.170 Persentase Kepemilikan/ Percentage of Ownership (%) 77.935 390.58 100. Jumlah Jumlah Saham biasa seri A dan B PT Bakrie & Brothers Tbk CMA Fund Management Ltd.293.500 1.000.000 1.930 5.706.252.600.000.195 Nominal/ Nominal (Rp) 200 100 Jumlah/ Total (Rp) 2. Total Total common shares series A and B PT Bakrie & Brothers Tbk CMA Fund Management Ltd PT Bakrie Communications Richweb Investments Limited Total 2004 Jumlah Saham Modal Dasar/ Number of Authorized Shares 400.000.652.000 32.000 Jenis saham Saham preferen Saham biasa Jumlah Shares Preferred shares Common shares Total 30 .150.42 33.000 1.000.979.387.515 596.740 5.000.606.000 78.141.500 Shareholders Common shares series A PT Bakrie & Brothers Tbk PT Bakrie Communications Richweb Investments Limited CMA Fund Management Ltd.000.791.000 2.279.390.000.000 61.PT BAKRIE TELECOM Tbk CATATAN ATAS LAPORAN KEUANGAN 31 DESEMBER 2005 DAN 2004 (Angka dalam tabel disajikan dalam Rupiah.000.000 1.000.000 1.79 5.103.895.321.837.304.000.

002. MODAL SAHAM (Lanjutan) 18.06 4.250.282 Common shares PT Bakrie & Brothers Tbk Richweb Investments Limited CMA Fund Management Ltd. para pemegang saham telah menyetujui untuk: Based on the Stockholders decision in lieu of a Stockholders General Meeting. 2. unless otherwise stated) 18. the shareholders agreed the following: 31 . Jumlah Modal/ Amount (Rp) 178. Approval for Initial Public Offering (IPO) to offer common shares series B with maximum value of Rp 750 billion and issue inherent warrant of up to 35% for those shares issued and fully paid before IPO. of September 23.52 1.628.821 15. Menyetujui perubahan nilai nominal saham Perusahaan menjadi sebagai berikut: a.28 1.979.000 per share is converted into five (5) shares with nominal value of Rp 200 per share. b. CAPITAL STOCK (Continued) 2004 Jumlah Saham Ditempatkan dan Disetor Penuh/ Number of Shares Issued and Fully Paid 178. which has been notarized under the notarial deed No.002 49.14 6.PT BAKRIE TELECOM Tbk CATATAN ATAS LAPORAN KEUANGAN 31 DESEMBER 2005 DAN 2004 (Angka dalam tabel disajikan dalam Rupiah.513. b.371. Setiap 1 (satu) saham seri A dengan nilai nominal semula Rp 1.282.195.103 Total Berdasarkan keputusan para pemegang saham yang berkekuatan sama dengan RUPS yang dituangkan dalam Akta Notaris Agus Madjid.783. Berdasarkan keputusan para pemegang saham yang berkekuatan sama dengan Rapat Umum Pemegang Saham yang dituangkan dalam Akta Notaris Muchlis Patahna. S. Approval to change the Company’s shares nominal value as follows: a. para pemegang saham memutuskan diantaranya adalah hal-hal sebagai berikut: 1. the shareholders agreed the following: 1. Jumah 1. 2005 of Muchlis Patahna. Saham biasa PT Bakrie & Brothers Tbk Richweb Investments Limited CMA Fund Management Ltd.750 206. 712. Based on the Stockholders Resolution in lieu of a Stockholders General Meeting. Setiap 1 (satu) saham seri B dengan nilai nominal semula Rp 500 per saham menjadi 5 (lima) saham dengan nilai nominal Rp 100 per saham.195.H.H.371.H.000 206.486.000 712.030.282. Each common share series A with nominal value amounting to Rp 1.80 80.20 20.15 tanggal 30 Juni 2005. 39 tertanggal 23 September 2005.000 824. 2005 AND 2004 (Figures in table are expressed in Rupiah.821. No. 39 of Agus Madjid.486.750.000 1. 15 dated June 30.030. which has been notarized under notarial deed No.821.628. S.000 49.821 Persentase Kepemilikan/ Percentage of Ownership (%) 17.282 62. 2005. kecuali dinyatakan lain) PT BAKRIE TELECOM Tbk NOTES TO FINANCIAL STATEMENTS DECEMBER 31.979.195.000 62.000 Shareholders Preferred shares PT Bakrie & Brothers Tbk Richweb Investments Limited CMA Fund Management Ltd.998.H. S.513.783. Each common share series B with nominal value amounting to Rp 500 per share is converted into five (5) shares with nominal value of Rp 100 per share.00 69.195.00 Nama Pemegang Saham Saham preferen PT Bakrie & Brothers Tbk Richweb Investments Limited CMA Fund Management Ltd.000 15.783. Menyetujui untuk melakukan penawaran umum perdana saham Perusahaan seri B dengan nilai maksimal sebesar Rp 750 miliar dan menerbitkan waran saham seri pertama yang melekat pada saham yang dikeluarkan dalam rangka IPO maksimal sebesar 35% dari nilai modal Perusahaan yang telah ditempatkan dan disetor sebelum IPO dilaksanakan. 2.783.000 per saham menjadi 5 (lima) saham dengan nilai nominal Rp 200 per saham.250 12.103. No.998 824.000 12. S.

165. Increase the Company’s authorized capital from Rp 2. unless otherwise stated) 18.422. 23 dated January 31. 2005 (see Note 18). 18.000 and 6. 2005 AND 2004 (Figures in table are expressed in Rupiah.422. 2005 of Ilmiawan Dekrit Supatmo.000 preferred stock and 1.000 was recorded as Deposit for Future Stocks Subscription.000.000 menjadi saham. Convert the Company’s payable while to CMA Fund Management Ltd. because the Deed had been accepted and noted by Directorate General Administration General Law Department of Justice and HAM on March 16.H.219. kecuali dinyatakan lain) PT BAKRIE TELECOM Tbk NOTES TO FINANCIAL STATEMENTS DECEMBER 31.500 into payable to PT Bakrie & Brothers Tbk (BB) infused cash amounting to Rp 500. No. kepemilikan saham BC di Perusahaan sebesar Rp 115.000. Berdasarkan keputusan para pemegang saham yang berkekuatan sama dengan Rapat Umum Pemegang Saham yang dituangkan dalam Akta Notaris Ilmiawan Dekrit Supatmo. respectively.000.000. Merubah jenis saham Perusahaan yang semula terdiri dari saham hak suara khusus dan saham biasa menjadi menjadi saham biasa Seri A dan B dengan nilai nominal masing-masing Rp 1.01.000.500 yang terdiri dari 2. Based on the Stockholders Resolution in lieu of a Stockholders General Meeting.000.000. 23 tertanggal 31 Januari 2005 para pemegang saham telah menyetujui untuk merealisasikan sisa hutang Perusahaan kepada PT Bakrie Communications (BC) sebesar Rp 4.000 which divided into 400.387.000 menjadi modal saham di Perusahaan. the shareholders agreed to convert the Company’s payable to PT Bakrie Communications (BC) of Rp 4. S. CAPITAL STOCK (Continued) 1.304.500 divided into 2.000 common shares to Rp 5.PT BAKRIE TELECOM Tbk CATATAN ATAS LAPORAN KEUANGAN 31 DESEMBER 2005 DAN 2004 (Angka dalam tabel disajikan dalam Rupiah.000 saham preferen dan 1.791.791.000 dan 6. 2. 3. the shareholders agreed to convert the Company’s payable to BC to capital stock amounting to Rp 115.000.01.211.000.000 and Rp 500. MODAL SAHAM (Lanjutan) 1.500 dan penempatan dana PT Bakrie & Brothers Tbk (BB) sebesar Rp 500. to common shares series A and B.000. The resolution has been received and recorded by the Directorate General Administration of General Law – Department of Law and Human Rights dated March 16.000.165.000.219.000.000.600.600. 19.321.000.H.439 saham seri B dengan nilai nominal Rp 500. Based on the Stockholders Resolution dated December 20.TH. 2.000 dicatat ke dalam akun Uang Muka Setoran Modal. Berdasarkan keputusan para pemegang saham yang berkekuatan sama dengan Rapat Umum Pemegang Saham tanggal 20 Desember 2004 para pemegang saham telah menyetujui untuk mengkonversi hutang Perusahaan kepada BC sebesar Rp 115.000. TAMBAHAN MODAL DISETOR Pada tanggal 31 Desember 2004. Merealisasikan konversi hutang kepada CMA Fund Management Ltd. 32 . C-06832 HT.439 common shares series B with nominal value of Rp 500.000 saham biasa.000. S.211. DEPOSIT FOR FUTURE STOCKS SUBSCRIPTION On December 31. Change the Company’s preferred shares and common shares with nominal value of Rp 1. 2004.000. which has been notarized under the notarial deed No.304. menjadi Rp 5.330.TH. Hasil keputusan para pemegang saham tersebut telah diterima dan dicatat oleh Direktorat Jendral Administrasi Hukum Umum .000. 2005 through letter No.000.04.000. (CMA) sebesar Rp 252.000 common shares series A with nominal value of Rp 1.330. 19.000.000. 3.000.000 to Company’s capital stock.000.000 saham seri A dengan nilai nominal Rp 1.000 menjadi penyertaan saham BC di Perusahaan.000 dan Rp 500.000 as additional capital stock of the Company.387. 2004.Departemen Hukum dan HAM pada tanggal 16 Maret 2005 di bawah No. Meningkatkan modal dasar Perusahaan yang semula sebesar Rp 2. C-06832 HT.04. karena Akta tersebut diterima dan dicatat oleh Direktorat Jenderal Administrasi Hukum Umum Departemen Hukum dan HAM pada tanggal 16 Maret 2005 (lihat Catatan 18). BC Company’s capital stock owned by BC amounting to Rp 115.321.000 yang terbagi atas 400.000. (CMA) amounting to Rp 252.000.2005 (lihat Catatan 19).2005 (see Note 19).

297.843 576.443. sebagai berikut: 2005 Ratelindo Esia Jumlah pendapatan usaha Beban interkoneksi dan diskon Pendapatan usaha . with details as follows: 2004 234.000.719. kecuali dinyatakan lain) PT BAKRIE TELECOM Tbk NOTES TO FINANCIAL STATEMENTS DECEMBER 31.240.806. Pos dan Telekomunikasi Pemeliharaan dan perbaikan Modifikasi jaringan komunikasi Kompensasi pengembalian perangkat telekomunikasi (SSU Collection) Lain-lain (masing-masing dibawah Rp 50.376.054.567.000 25.000) Jumlah 13.961.683 2.865.242.865.675 ) 161.639.095.331 151.931 38.606 275.203. OPERATIONS AND MAINTENANCE EXPENSES This account consists of: 2004 3.277 ) 243.785.701.285.066 592.000.000 30.054.331.095.966 47.845 369.655 40.196.028.000.net Rincian pendapatan usaha berdasarkan jenis layanan yang disediakan adalah sebagai berikut: 2005 Pendapatan pemakaian pulsa Pendapatan langganan bulanan Pendapatan jasa penyambungan Lain-lain Jumlah 297.718.586 Ratelindo Esia Total revenues Interconnection expense and discount Revenues .256 22.218.190 3.724 5.000 181.791 275.561. Post and Telecommunication Repairs and maintenance Modification of telecommunication network Single subsciber unit (SSU) collection expense Others (for amounts below Rp 50.946.176 The details for revenues based on the service type are as follows: 2004 208.991 10.408.220.840.068. unless otherwise stated) 20.233.131 7. PENDAPATAN USAHA Pendapatan usaha meliputi pendapatan yang berasal dari telepon tidak bergerak dan telepon bergerak terbatas.853.339 369. In 2005 and 2004.953.bersih 217.362 39. REVENUES Operating revenues represent revenues from fixed line and limited mobility telephone revenues.802 9. dalam rangka memperluas pasar.231.125 33 .956 4.509.727.261 Usage charge Subscription Connection service Others Total Pada tahun 2005 and 2004.336 6.775.845.327.210 Frequency license fee Rent Electricity Insurance Concession fees to the Department of Communication and Informatics the Directorate General of Tourism.900.005.633.176 (125.650 10.905.402.421. in order to expand the market.261 (113.000) Total 4. the Company gave a special discount as a promotion.343 24.439.508. 21.384.757.067.117.PT BAKRIE TELECOM Tbk CATATAN ATAS LAPORAN KEUANGAN 31 DESEMBER 2005 DAN 2004 (Angka dalam tabel disajikan dalam Rupiah. 2005 AND 2004 (Figures in table are expressed in Rupiah.947.401.558.990.899 20.408.496.480 4.291.961.028.533.192 578.953. Perusahaan melakukan kegiatan promosi dengan cara memberikan diskon khusus. BEBAN OPERASI DAN PEMELIHARAAN Akun ini terdiri dari: 2005 Izin frekuensi Sewa Listrik Asuransi Royalti konsesi kepada Komunikasi dan Informatika Direktorat Jenderal Pariwisata.392.232.533.702 769.219 21.358.355.296.297.444.210.765 3.176.

652 975. see Note 3) 25.584 734.496.500 564.629.424 1.883.084. GENERAL AND ADMINISTRATIVE EXPENSES This account consists of: 2004 10.853 671.527.381.999.139.606 3. wages and employee benefits (see Note 28) Transportation Medical allowance Meals allowance Training Total 2005 Gaji.674.621 Salaries.022.594.921.127.786 1.408.506.411.594.972.160.283 2.696.859.349 1.075.086 1.813 24. BEBAN KARYAWAN Akun ini terdiri dari: 23.635 7.273. kecuali dinyatakan lain) PT BAKRIE TELECOM Tbk NOTES TO FINANCIAL STATEMENTS DECEMBER 31.625.639.148.802 22.517.452.708.971.342 2.669 2.553. pengesahan dan bea masuk Hadiah dan sumbangan Seragam Keamanan Lain-lain (masing-masing dibawah Rp 100.549.000) Jumlah 16.974.338 Professional fees Rent Transportation Office supplies Postage Taxes Telephone.040.226.208.553 2.286.416. lihat Catatan 3)/ (As restated.691.531.297.353.665 45. electricity and water Representation and entertainment Office maintenance Multimedia Permits.506.997.736.609 38. unless otherwise stated) 22.816.979.903 2.313 947.382 1.000 302.146.479.147.309.844 448.753 531.012.351.803.090.016.304 24.928.508.006 1.PT BAKRIE TELECOM Tbk CATATAN ATAS LAPORAN KEUANGAN 31 DESEMBER 2005 DAN 2004 (Angka dalam tabel disajikan dalam Rupiah.504 34.004 26. 2005 AND 2004 (Figures in table are expressed in Rupiah.000.556.746 5.480.475 281.812.280 354.483.285 881.065.626 Advertising and promotion Rent Exhibition Others Total 34 .000) Total 43.607. listrik dan air Representasi dan jamuan Pemeliharaan kantor Multimedia Perijinan.547.501 804.505 667.477 3. upah dan kesejahteraan Karyawan (lihat Catatan 28) Transportasi Tunjangan kesehatan Tunjangan uang makan Pelatihan Jumlah 32. licenses and custom clearance Gifts and donations Uniform Security Others (for amounts below Rp 100.074.107 782.357 666.369 5.607.315 4.865.851.732.046.791.754. BEBAN PENJUALAN DAN PEMASARAN Akun ini terdiri dari: 2005 Iklan dan promosi Sewa Pameran Lain-lain Jumlah 72.953 582.956 23.072.184 285.928 74.504. BEBAN UMUM DAN ADMINISTRASI Akun ini terdiri dari: 2005 Honorarium tenaga ahli Sewa Transportasi Perlengkapan kantor Pos Pajak Telepon.436.097 359.573.942.641.880 3.555.793.467 5. EMPLOYEES EXPENSES This account consists of: 2004 (Disajikan Kembali.912.253.602.681 34.944.000.985.672 2.557 2.168. SALES AND MARKETING EXPENSES This account consists of: 2004 24.569.673.754 2.961 1.

020.608 ) Interest income Interest expenses Bank charges Total .892. Beban keuangan 2005 Pendapatan bunga Beban bunga Administrasi bank Jumlah .304.389 ) (7. PENDAPATAN (BEBAN) LAIN-LAIN a.509. Foreign exchange 2004 4. Beban pajak Rekonsiliasi antara rugi sebelum taksiran manfaat (beban) pajak seperti yang disajikan dalam laporan laba rugi dengan taksiran rugi fiskal untuk tahun-tahun yang berakhir pada tanggal 31 Desember 2005 dan 2004 adalah sebagai berikut: d. Taxes payable 2004 2.219 2.058 26.bersih 1. unless otherwise stated) 25.487 148.net b. Tax Expense Reconciliation between loss before provision for income tax benefit (expense) as shown in the statements of income and the estimated fiscal losses for the years ended at December 31.640.460.834 5.982 ) 1. kecuali dinyatakan lain) PT BAKRIE TELECOM Tbk NOTES TO FINANCIAL STATEMENTS DECEMBER 31.803.683.515.671.575.435.352.720.384 (3. Selisih Kurs 2005 Laba selisih kurs Rugi selisih kurs Jumlah .700 137.041.441.575.998 ) (5. TAXATION a.371 ) b.651 ) 25.689 (3.320.401.640 Income tax Article 22 Article 23 Total c.838 b.353 Value added tax Stamp duty Total b.544.869.344 5. Financial expenses 2004 177.866 3.414 ) (75.net 26. Claim for tax refund 2004 825.983.294.275.505.340. PERPAJAKAN a.943.944. OTHER INCOME (EXPENSES) a.271. Prepaid tax 2004 3.138.470.339 Income tax Article 21 Article 23 Total d.PT BAKRIE TELECOM Tbk CATATAN ATAS LAPORAN KEUANGAN 31 DESEMBER 2005 DAN 2004 (Angka dalam tabel disajikan dalam Rupiah.761 (80.680.798 (56. Taksiran tagihan pajak penghasilan 2005 Pajak penghasilan Pasal 22 Pasal 23 Jumlah 2.321.017 ) (63.755 ) (1.223. Hutang pajak 2005 Pajak penghasilan Pasal 21 Pasal 23 Jumlah 995.659.458.551.498.549.247.181.167.854 3.539.786 2.368.446.571.309.bersih 11.168. 2005 AND 2004 (Figures in table are expressed in Rupiah.707 Gain on foreign exchange Loss on foreign exchange Total .384.080 1.995 3.471. 2005 and 2004 is as follows: 35 .398.299 c.110.508.358 4.897.004 3. Pajak dibayar dimuka 2005 Pajak Pertambahan Nilai Materai Jumlah 4.266.001.275.876.671.

075 ) (315.892.860.860.006 ) 2. see Note 3) Loss before provision for tax benefit (expenses) per statements of income Timing differences: Allowance for doubtful accounts Depreciation Provision for employee benefits Total timing differences Permanent differences: Taxes Entertainment.648 ) (237.445.740.467 32.439 (166.554 1.543.684.811.714.651.102.028.530.802.887.731.941 (177.530 (227.554 1.054 ) (75.869 ) (131.811.920.656.075 ) (71.004 (6. kecuali dinyatakan lain) PT BAKRIE TELECOM Tbk NOTES TO FINANCIAL STATEMENTS DECEMBER 31.449 ) 744.084.798 (106. donasi dan representasi Gaji. 2005 AND 2004 (Figures in table are expressed in Rupiah.747.676.084.110. unless otherwise stated) 26.283. wages and employee benefits Interest income already subjected to final tax Others Total permanent differences Estimated fiscal loss of the year Fiscal loss compensation of Year 2000 Year 2003 Year 2004 Total Adjustment for fiscal loss for year 2003 based on Tax Assesment Letter Expired fiscal loss for year 2000 Estimated cumulative fiscal loss of the Company 2005 Rugi sebelum taksiran manfaat (beban) pajak menurut laporan rugi Beda waktu: Penyisihan piutang ragu-ragu Penyusutan Manfaat karyawan Jumlah beda waktu Beda tetap: Pajak Entertainment.297 ) 914.985.020.775 (18.616 (33.055.747.887.319 (134.412.006 (11.934.455.637 11.584 (62.761 ) 569.172.222 2. PERPAJAKAN (Lanjutan) 26.569.570.878 ) (227.798 ) 1.129.515.988.306.851.511. lihat Catatan 3)/ (As restated.511 71.857 ) 1.477 ) 519.160.824 ) (315.047.852.122.976.321.687 ) 2.855.469.825.330 ) 5.904. Deferred tax Calculations of provision for deferred income tax expense as the effect of timing differences at maximum tax rate of 30% are as follows: 2004 (Disajikan Kembali.922 ) 1.040.232. Pajak tangguhan Perhitungan taksiran beban pajak tangguhan atas pengaruh beda waktu pada tarif pajak maksimum 30% adalah sebagai berikut: e.583.449.333.622.734 ) (4. TAXATION (Continued) 2004 (Disajikan Kembali.049.833. donation and representation Salaries.687 ) e.332.566.455.455.374.149.549 2.130. upah dan kesejahteraan karyawan Pendapatan yang telah dikenakan pajak Lain-lain Jumlah beda tetap Taksiran rugi fiskal berjalan Kompensasi rugi fiskal Tahun 2000 Tahun 2003 Tahun 2004 Jumlah Penyesuaian rugi fiskal tahun 2003 berdasarkan SKP Rugi fiskal tahun 2000 yang tidak dapat dikompensasi Taksiran akumulasi rugi fiskal Perusahaan (176.391.PT BAKRIE TELECOM Tbk CATATAN ATAS LAPORAN KEUANGAN 31 DESEMBER 2005 DAN 2004 (Angka dalam tabel disajikan dalam Rupiah. lihat Catatan 3)/ (As restated.154.179.528 5.599 ) 3.564.535.957.734 (478.014.053 (111.199 ) 36 .506.514.318.905.753. see Note 3) Fiscal loss and adjustment on fiscal loss compensation of the previous year Allowance for doubtful accounts Depreciation Employee benefits Provision for deferred tax income (expenses) 2005 Rugi fiskal tahun berjalan dan penyesuaian rugi fiskal tahun sebelumnya Penyisihan piutang ragu-ragu Penyusutan Manfaat karyawan Taksiran manfaat (beban) pajak tangguhan 49.972.275.223.734 ) (16.134.889 (54.957 ) 474.811.427 ) (71.788 ) (12.049.183.

203 (154. f. 2005 and 2004 since the Company was in a fiscal loss position.174.009.PT BAKRIE TELECOM Tbk CATATAN ATAS LAPORAN KEUANGAN 31 DESEMBER 2005 DAN 2004 (Angka dalam tabel disajikan dalam Rupiah. Berdasarkan peraturan perpajakan Indonesia rugi fiskal dapat dikompensasikan dalam jangka waktu lima tahun. yang menetapkan bahwa laba fiskal untuk tahun 2001 sebesar Rp 575.404.565 ) Deferred tax assets Accumulated fiscal losses Allowance for doubtful accounts Employee benefits Gain on sale of fixed assets Total deferred tax asset Deffered tax liabilities Depreciation Total deferred tax assets (liabilities) .605. Pada tanggal 1 Juli 2005.999 (173.9 billion.605.net Perusahaan tidak mencadangkan beban pajak penghasilan badan untuk tahun-tahun yang berakhir pada tanggal 31 Desember 2005 dan 2004 karena Perusahaan mengalami rugi fiskal untuk tahun-tahun tersebut.241 295.422.186.466. PERPAJAKAN (Lanjutan) Aktiva dan kewajiban pajak tangguhan untuk tahun-tahun yang berakhir pada tanggal 31 Desember 2005 dan 2004 adalah sebagai berikut: 26.386.581.bersih 143.508.252 175. on Tax Assesment Letter (SKP) No.749. yang menetapkan bahwa laba fiskal untuk tahun 2002 sebesar Rp 87.755.9 miliar.754 2004 (Disajikan Kembali. TAXATION (Continued) The deferred tax assets and liabilities as of December 31. Tax on profit is calculated progressively using the maximum rate of 30% and computed on a self-assesment basis. on Tax Assesment Letter (SKP) No. No.525. Manajemen Perusahaan berkeyakinan bahwa penghasilan kena pajak Perusahaan di masa yang akan datang dapat dimanfaatkan untuk merealisasikan saldo aktiva pajak tangguhan yang disebabkan oleh rugi fiskal. Perusahaan menerima SKP No. f.526. Perusahaan di Indonesia dikenakan pajak progresif dengan tarif maksimum 30% dan melaporkan pajak atas basis perhitungan sendiri dan Kantor Pajak dapat menetapkan atau mengubah kewajiban pajak tersebut dalam jangka waktu 10 tahun dari tanggal terhutangnya pajak.645 2. Based on the Indonesian tax law. 2005 and 2004 are as follows: 2005 Aktiva pajak tangguhan Akumulasi rugi fiskal Penyisihan piutang ragu-ragu Manfaat karyawan Laba atas penjualan aktiva tetap Jumlah aktiva pajak tangguhan Kewajiban pajak tangguhan Penyusutan Jumlah aktiva (kewajiban) pajak tangguhan . lihat Catatan 3)/ (As restated. 00033/406/01/018/04 dated May 13 2004.517.660. see Note 3) 94.826.804. unless otherwise stated) 26. the Company’s taxable income for the year 2002 was assessed as Rp Rp 87.252 124. fiscal loss can be compensated for up to 5 years.237.9 billion.666.307 27. 00022/406/02/018/04 dated July 1. Surat Ketetapan Pajak • The Company did not provide any provision for corporate income tax expense for the years ended as of December 31.9 miliar.018. Tax Assesment Letter • Based Pada tanggal 13 Mei 2004.704.768 ) (30. The Company’s management believes that taxable income can be used to recover deferred tax assests on fiscal loss.245 ) 2.774 295. 00033/406/01/018/04. 2005. 00022/406/02/018/04.870 1.861 29. 2005 AND 2004 (Figures in table are expressed in Rupiah. the Company’s taxable income for the year 2001 was assessed as Rp 575.428. Perusahaan menerima SKP No. • • Based 37 . The tax authority can assess the Company’s tax returns up to 10 years from the date of filing.554. kecuali dinyatakan lain) PT BAKRIE TELECOM Tbk NOTES TO FINANCIAL STATEMENTS DECEMBER 31.490.

972.03/2005 dated October 21. 2005 AND 2004 (Figures in table are expressed in Rupiah. 2.1 bilion compared with the amount reported in Tax Return (SPT) due to: 1. Depreciation expense.125. 3. 00031/406/03/018/04. Tax Clearance Based on Fiscal Assesment Letters No.03/2005 tanggal 21 Oktober 2005. Tax obligation for fiscal income. and representation. 38 .9 miliar. Tunggakan pajak Untuk Pajak Penghasilan. donasi. Taxable income is as follows: Tahun Pajak 2002 2003 2004 Year 2002 2003 2004 Estimated fiscal loss in 2004 that was lower than recorded in the financial statements amounting to Rp 55. 2. the Director General of Taxation declared the following: 1.631. Entertainment.5 billion. TAXATION (Continued) • Based Pada tanggal 20 Juli 2005. Restatement of provision for employee benefits in financial statement amounting to Rp 500 million 4.834. kecuali dinyatakan lain) PT BAKRIE TELECOM Tbk NOTES TO FINANCIAL STATEMENTS DECEMBER 31. Pajak Pertambahan Nilai dan Pajak Bumi dan Bangunan adalah Nihil. Value Added Tax. Penyajian kembali cadangan manfaat karyawan dalam laporan keuangan sebesar Rp 500 juta.04/BD. dan representasi yang tercatat dalam SPT lebih besar Rp 300 juta. yang menetapkan bahwa rugi fiskal untuk tahun 2003 sebesar Rp 13. 00031/406/03/018/04 dated July 20. 2005. 2005. which has recorded in Tax Return as higher than Rp 53. SR79 /WPJ. dinyatakan bahwa: 1. donation. on Tax Assesment Letter (SKP) No. the Company’s taxable income for the year 2003 was assesed as Rp 13. 3.1 miliar dibandingkan dengan jumlah yang dilaporkan dalam Surat Pemberitahuan Pajak (SPT) disebabkan oleh: 1. Land and Building Tax are nil 2. Surat keterangan Fiskal Berdasarkan Surat Keterangan Fiskal dari Direktorat Jendral Pajak dalam Surat No. Other expenses.260 ) Taksiran rugi fiskal tahun 2004 yang tercatat dalam Laporan Keuangan lebih kecil sebesar Rp 55.PT BAKRIE TELECOM Tbk CATATAN ATAS LAPORAN KEUANGAN 31 DESEMBER 2005 DAN 2004 (Angka dalam tabel disajikan dalam Rupiah. Perusahaan menerima SKP No. 4. 2.04/BD. Entertaintment. PERPAJAKAN (Lanjutan) • 26. Beban lain-lain yang tercatat dalam SPT lebih kecil sebesar Rp 1 miliar. Penghasilan Kena Pajak adalah sebagai berikut: Penghasilan Kena Pajak/ Taxable Income g. Beban penyusutan yang tercatat dalam SPT lebih besar Rp 53.5 miliar. g.9 billion. which was recorded in Tax Claim Letter as higher than Rp 300 million. unless otherwise stated) 26. SR79/WPJ. which were recorded in Tax Return as lower than Rp 1billion Nihil / Nil (13.430 ) (282.

unless otherwise stated) 27.369.032 176.296 482.387.000 Saldo hutang di luar usaha dengan pihak hubungan istimewa adalah sebagai berikut: 2005 PT Quantum Bahana Enterprise CMA Fund Management Ltd.804.811 10.275.092. The following transactions with related parties have been conducted on an arms’ length basis: 2004 Purchase from Koperasi Karyawan Usaha Bersama Bina Nusantara Rental to PT Bakrie & Brothers Tbk Rental to PT Bakrie Swasakti Utama Revenues from: PT Bakrie Communications PT Bakrie Swasakti Utama Repair service of equipment to PT Multi Kontrol Nusantara 3.826.320.388. pinjaman ke QBE dibebani tingkat bunga sebesar 33% per tahun.738.287. 39 .092. Transaksi dengan pihak-pihak hubungan istimewa berikut ini dilakukan dengan harga dan persyaratan yang sama dengan pihak ketiga: 2005 Pembelian dari Koperasi Karyawan Usaha Bersama Bina Nusantara Sewa ke PT Bakrie & Brothers Tbk Sewa ke PT Bakrie Swasakti Utama Pendapatan PT Bakrie Communications PT Bakrie Swasakti Utama Jasa perbaikan peralatan ke PT Multi Kontrol Nusantara 27. sehingga hutang Perusahaan kepada QBE pada tanggal 31 Desember 2003 menjadi sebesar Rp 13.030. kecuali dinyatakan lain) PT BAKRIE TELECOM Tbk NOTES TO FINANCIAL STATEMENTS DECEMBER 31.917.251.270. PT Bakrie Communications (see Note 18) PT Bakrie & Brothers Tbk Total Less current portion Long-term portion Pada tanggal 23 Desember 2003.804. TRANSAKSI DENGAN PIHAK-PIHAK HUBUNGAN ISTIMEWA Dalam kegiatan usaha yang normal.254.201. On December 23.287. pinjaman tersebut tidak dikenai bunga.487.970.309 PT Quantum Bahana Enterprise CMA Fund Management Ltd.252 1.745. PT Bakrie Communications (lihat Catatan 18) PT Bakrie & Brothers Tbk Jumlah Dikurangi hutang jatuh tempo dalam waktu satu tahun Bagian jangka panjang 10.879.487.845 84. the Company entered into transactions with related parties. Starting 2004.327. 2003.917. 2005 AND 2004 (Figures in table are expressed in Rupiah.508 1.811 10.791 4.684.305 284.879.557 560.251 3.094. due to QBE bears interest at 33% per annum.321.811 The balances of accounts with related parties resulting from non-trade transactions are shown below: 2004 12. the Company made an agreement with PT Quantum Bahana Enterprise (QBE) whereby the two parties agreed to write-off the Company’s interest expense of Rp 7. the interest has been waived.736.PT BAKRIE TELECOM Tbk CATATAN ATAS LAPORAN KEUANGAN 31 DESEMBER 2005 DAN 2004 (Angka dalam tabel disajikan dalam Rupiah.289.181 158.004.164.094. Perusahaan telah melakukan Perjanjian penyelesaian hutang dengan PT Quantum Bahana Enterprise (QBE) dimana kedua belah pihak sepakat untuk menghapuskan hutang bunga Perusahaan sebesar Rp 7.309 176.204.190. TRANSACTIONS WITH RELATED PARTIES In the normal course of business. 2003 was Rp 13. Pada tahun 2002. In 2002. Perusahaan melakukan transaksi dengan pihak-pihak hubungan istimewa.879. Sejak tahun 2004.536 32.505 129. The Company’s loan to QBE after the write-off as of December 31.000 1.201.275.736.270.275.012.

In 2005. menggunakan metode “projected unit credit” dan asumsi-asumsi sebagai berikut: 2005 Tingkat diskonto per tahun Tingkat kenaikan gaji per tahun Tingkat pengunduran diri per tahun 12% 5% 3% 28. dengan laporannya tanggal 1 Maret 2006. these loan has converted into capital stock (see Note 18).08% Due to related parties to total liabiities Expense to related parties to total expenses Revenue from related parties to total operating revenue CMA Fund Management Ltd. unless otherwise stated) 27. Sifat dan hubungan transaksi dengan pihak hubungan istimewa adalah sebagai berikut: Hubungan/ Nature of Related Parties CMA Fund Management Ltd.53% 0. PT Quantum Bahana Enterprise PT Bakrie Communications PT Bakrie & Brothers Tbk PT Multi Kontrol Nusantara 28. Nature of account and transactions with related parties are as follows: Sifat Transaksi/ Nature of Transactions pinjaman/loan pinjaman/loan pinjaman/loan pinjaman/ loan jasa/loan 2004 21. an independent actuarial firm. Valuation of employee benefits based on the report of PT Dian Artha Tama. pinjaman tersebut telah di konversi menjadi penyertaan saham (lihat Catatan 18).92% 1. 2005 and restated the prior years’ financial statements to conform with the standards (see Note 3). kecuali dinyatakan lain) PT BAKRIE TELECOM Tbk NOTES TO FINANCIAL STATEMENTS DECEMBER 31. Pada tahun 2005. The calculation used the “Projected Unit Credit” method with the following assumptions: 2004 10% 5% 0.52% 27. dan menyajikan kembali perhitungan manfaat karyawan untuk tahun yang berakhir pada tanggal tanggal 31 Desember 2004 (lihat Catatan 3). TRANSAKSI DENGAN PIHAK-PIHAK HUBUNGAN ISTIMEWA (Lanjutan) Pinjaman dari CMA Fund Management Ltd. PT Quantum Bahana Enterprise PT Bakrie Communications PT Bakrie & Brothers Tbk PT Multi Kontrol Nusantara pemegang saham/ shareholders afiliasi/affiliation pemegang saham/ shareholders pemegang saham/ shareholders afiliasi/affiliation 2005 Hutang hubungan istimewa terhadap total kewajiban Beban kepada hubungan istimewa terhadap total beban Pendapatan dari hubungan istimewa terhadap total pendapatan usaha 1. MANFAAT KARYAWAN Perusahaan telah menerapkan PSAK 24 Revisi 2004 tentang “Imbalan Kerja” dalam mengakui biaya manfaat karyawan dalam laporan keuangan pada tanggal 31 Desember 2005. and BCC in 2004 were non-interest bearing and used by the Company to support its working capital. aktuaris independen. 2005 AND 2004 (Figures in table are expressed in Rupiah. 2006. in its report dated March 1. EMPLOYEE BENEFITS The Company has applied PSAK 24 (revision) regarding “Employee Benefits” as the framework to recognize employee benefits in the financial statements as of December 31. Perhitungan manfaat karyawan dilakukan oleh PT Dian Artha Tama. TRANSACTIONS WITH RELATED PARTIES (Continued) Loans obtained from CMA Fund Management Ltd.16% 0.36% 1.PT BAKRIE TELECOM Tbk CATATAN ATAS LAPORAN KEUANGAN 31 DESEMBER 2005 DAN 2004 (Angka dalam tabel disajikan dalam Rupiah. dan BCC di tahun 2004 merupakan pinjaman tanpa bunga yang diperoleh Perusahaan untuk penambahan modal kerja.5% Discount rate per annum Salary growth rate Early retirement rate 40 .

749 Rekonsiliasi beban dan kewajiban yang diakui dalam neraca adalah sebagai berikut: The reconciliation against expenses and liabilities recognized in balance sheets as follows: 2004 (Disajikan Kembali.265.444. lihat Catatan 3)/ (As restated.287.000.014.117.369 76.045 ) (7.558 2.964. Reconciliation between present value of employee benefits with accrued employee benefits are as follows: 2005 Nilai kini kewajiban manfaat karyawan akhir tahun Keuntungan (kerugian) aktuarial yang belum diakui Kewajiban bersih yang diakui dalam neraca (lihat Catatan 16) (7.110.976.247.287.720 ) Present value of benefit obligation at the end of year Unrecognised actuarial gain (loss) Net liabilities recorded in balance sheet (see Note 16) Beban yang diakui dalam laporan laba rugi: The recognized expenses in the statements of income : 2004 (Disajikan Kembali.922 ) (1.432.PT BAKRIE TELECOM Tbk CATATAN ATAS LAPORAN KEUANGAN 31 DESEMBER 2005 DAN 2004 (Angka dalam tabel disajikan dalam Rupiah. kecuali dinyatakan lain) PT BAKRIE TELECOM Tbk NOTES TO FINANCIAL STATEMENTS DECEMBER 31.964. 2005 AND 2004 (Figures in table are expressed in Rupiah.698.798 Current services costs Interest costs Recognized actuarial losses Total 2005 Biaya jasa kini Biaya bunga Rugi aktuarial yang diakui Jumlah 1.802.039.469 ) 2004 (Disajikan Kembali. EMPLOYEE BENEFITS (Continued) Employee benefits expense for the current year is recorded as “Employee expenses” in the statements of income. see Note 3) (4.000.720 ) 1.822 1.381.678.247.802. unless otherwise stated) 28.787.536. lihat Catatan 3)/ (As restated.264 1.316.797 1.432.424 ) (21.720 ) Liabilities at beginning of year Employee benefit paid Expenses current year Total liabilities at end of year (see Note 16) 2005 Kewajiban awal tahun Pembayaran manfaat karyawan Beban tahun berjalan Jumlah kewajiban akhir tahun (lihat Catatan 16) (5. MANFAAT KARYAWAN (Lanjutan) Biaya manfaat karyawan tahun berjalan dicatat sebagai “Beban Karyawan” dalam laporan laba rugi tahun berjalan.802.229.583.798 ) (5.737 492.583. see Note 3) (8.000 (2.803. lihat Catatan 3)/ (As restated.920. Rekonsiliasi antara nilai kini kewajiban manfaat karyawan dengan biaya manfaat karyawan masih harus dibayar adalah sebagai berikut: 28.749 ) (7. see Note 3) 1.351 (5.662.298.071 ) 2.014.469 ) 41 .949.444.088.964.

35 Year 2004.241.bersih 29.385. sebagai berikut: 2005 Aktiva Kas dan Setara kas Dolar AS Jaminan Dolar AS Jumlah Aktiva Dolar AS Kewajiban Hutang usaha Dolar AS Hutang lain-lain Dolar AS Jumlah kewajiban Dolar AS Aktiva (Kewajiban) .374 49.472.417. 8 1999 concerning “Telecommunicaton and Government Regulation” No.069.241. 2004 concerning provider of “Local Wireless Fixed Line with Limited Mobility”. 2006 amounting to Rp 1.216. TARIF JASA TELEKOMUNIKASI Berdasarkan Undang-Undang No. TELECOMMUNICATIONS TARIFFS Under the Law No.913.740 (36. 2000 concerning “Telecom Provider”.275.031.026.net 47.337.140 40. AKTIVA DAN KEWAJIBAN DALAM MATA UANG ASING Pada tanggal 31 Desember 2005 dan 2004 Perusahaan memiliki aktiva dan kewajiban dalam mata uang asing.326.436 1.PT BAKRIE TELECOM Tbk CATATAN ATAS LAPORAN KEUANGAN 31 DESEMBER 2005 DAN 2004 (Angka dalam tabel disajikan dalam Rupiah.696.901 2.935. 52 tahun 2000 tanggal 11 Juli 2000 tentang Penyelenggaraan Telekomunikasi. tanggal 11 Maret 2004. dated March 11.159 2. tarif untuk penggunaan jaringan dan jasa telekomunikasi ditentukan oleh operator berdasarkan jenis dan struktur tarif serta mempertimbangkan formula batasan harga yang ditentukan oleh pemerintah.841.782.179.216. unless otherwise stated) 29. the structure of tariffs for wireless fixed line with limited mobility is as follows: 42 .347.958.600 3.622. the Company has monetary assets and liabilities denominated in foreign currency as follows: 2004 Assets Cash and cash equivalents US Dollar Security deposits US Dollar Total Assets US Dollar Liabilities Trade payables US Dollar Other payables US Dollar Total liabilities US Dollar Assets (Liabilities) . tariffs for the use of telecommunication network and telecommunication services are determined by providers based on the stucture and tariff category with consideration of a price formula set by the government.305.294 3.622. 2005 AND 2004 (Figures in table are expressed in Rupiah.279. Total net assets in foreign currency based on the exchange rate on March 6.645. terdiri dari: 30. Tarif Telepon Tetap Tanpa Kabel Dengan Mobilitas Terbatas Berdasarkan Keputusan Menteri Perhubungan No. 2005 and 2004. 35 Tahun 2004. Tariff of Telephone for Wireless Fixed Line with Limited Mobility Based on Decision Letters of Minister of Transportation No. ASSETS AND LIABILITIES IN FOREIGN CURRENCY As of December 31.244.683.951.913. struktur tarif jasa telekomunikasi penyedia tetap tanpa kabel dengan mobilitas terbatas.483 1.037. 36 tahun 1999 tanggal 8 September 1999 tentang Telekomunikasi dan Peraturan Pemerintah No.453 47. 36 Year 1999 dated September. 52 Year 2000 dated July 11.369.579 36.287 ) Posisi aktiva bersih dalam mata uang asing berdasarkan kurs rupiah pada tanggal 6 Maret 2006 adalah sebesar Rp 1. 30. tentang Penyelenggaraan Jaringan Tetap Lokal Tanpa Kabel Dengan Mobilitas Terbatas.857 1.772.535 50.993. kecuali dinyatakan lain) PT BAKRIE TELECOM Tbk NOTES TO FINANCIAL STATEMENTS DECEMBER 31.

Usage charge is in Rupiah per minute and is categorized as local or long distance calls. The tariff for fixed line was based on KM. Tarif maksimum atas biaya aktivasi adalah Rp 450. Besaran tarif telepon tetap didasarkan pada KM.PT BAKRIE TELECOM Tbk CATATAN ATAS LAPORAN KEUANGAN 31 DESEMBER 2005 DAN 2004 (Angka dalam tabel disajikan dalam Rupiah. call time and special days in a week and holidays. Tariffs for prepaid services are as follows: a) Activation fee b) Usage charge c) Additional facilities fee The tariff for fixed line is charged to network access and usage charge. PK.000. KM. Access fee includes activation fee. adalah sebagai berikut: 30. The tariff amount depends on call distance. Post and Telecommunication (currently Department of Transportation) No. 2005 AND 2004 (Figures in table are expressed in Rupiah. 19/2001 concerning “Tariff for Domestic Call Service and Domestic Birofax”. Tariffs for post-paid services are as follows: a) Activation fee b) Subscription fee c) Usage charge d) Additional facilities fee 2. Besarnya tarif tergantung pada jarak percakapan. Biaya pemakaian diukur dalam rupiah per menit dan digolongkan sebagai sambungan lokal atau jarak jauh. KM. TELECOMMUNICATIONS TARIFFS (Continued) 1. Tarif jasa pra bayar. call duration.000. lama percakapan. The increase began on February 1. the Minister of Transportation of the Republic of Indonesia issued Letter No. The regulation for basic tariff for domestic telecommunication services is based on the Decision Letter of Minister of Transportation KM No. 12 year 2002 dated January 29. terdiri dari: a) Biaya aktivasi b) Biaya bulanan c) Biaya pemakaian d) Biaya fasilitas tambahan 2. Biaya akses terdiri dari biaya aktivasi yang dibebankan satu kali dan biaya langganan bulanan. The usage charges to customers who have made a call to other customers are as follows: 43 . 19/2001 Tentang Tarif Jasa Telepon Dalam Negeri da Birofax Dalam Negeri. Tarif jasa pasca bayar.49% dan untuk tahun 2002 kenaikan rata-rata adalah sebesar 15%. 2002 concerning limitation for basic tariff increase in the telecommunication service. waktu percakapan dan hari tertentu dalam seminggu dan hari libur. which is being charged only once and a monthly subscription fee. Kenaikan tersebut berlaku mulai tanggal 1 Pebruari 2002. Based on the letter. 2002. the increase of tariff for domestic fixed line telephone for a 3-year period is 45. kenaikan tarif telepon tetap dalam negeri untuk waktu tiga tahun adalah sebesar 45.000. PK. Pos dan Telekomunikasi (sekarang Departemen Perhubungan) No. Berdasarkan surat tersebut. 2002 (KM. Tarif maksimum untuk beban bulanan adalah Rp 50. TARIF JASA TELEKOMUNIKASI (Lanjutan) 1. Biaya pemakaian yang dibebankan kepada pelanggan yang menghubungi pelanggan lain. 79 tahun 1995 (KM. terdiri dari: a) Biaya aktivasi b) Biaya pemakaian c) Biaya fasilitas tambahan Tarif telepon tetap dikenakan pada akses dan pemakaian jaringan. 12 tahun 2002) mengenai penyempurnaan Keputusan Menteri Pariwisata. 79 year 1995) “Adjustment for Domestic Telecommunication Tariffs and Services”. The maximum tariff for activation fee for new activation number was Rp 450. 79 year 1995 concerning (KM. Furthermore.000 untuk setiap nomor aktivasi baru. unless otherwise stated) 30.304/1/3/PHB-2002 dated January 29.49% and for 2002 the average increase in tariff was 15%. Selanjutnya Menteri Perhubungan Republik Indonesia menerbitkan Surat No. The maximum tariff for subscription fee was Rp 50. 12 tahun 2002 tanggal 29 Januari 2002 (KM. 79 tahun 1995) tentang Penyesuaian Tarif dan Jasa Telekomunikasi Dalam Negeri. 12 year 2002) regarding the amendment of Decision Letter of Minister of Tourism. kecuali dinyatakan lain) PT BAKRIE TELECOM Tbk NOTES TO FINANCIAL STATEMENTS DECEMBER 31.304/1/3/PHB-2002 tanggal 29 Januari 2002 mengenai batasan kenaikan tarif jasa telepon dasar. Tata cara penyesuaian tarif dasar jasa telekomunikasi dalam negeri diatur melalui Keputusan Menteri Perhubungan KM No.

KOMINFO/02/2006 had been issued.100 3.700 2.225 2. 44 .290 1. maka Keputusan Menteri Pariwisata. jaringan telekomunikasi internasional dengan PSTN dan PSTN dalam negeri lainnya menjadi tidak berlaku. the decree by the Minister of Transportation (previously Minister of Tourism.Zona Jauh (>500 km) Mobile: Lokal Long Distance: . 37 Tahun 1999 (KM.46/PR. This decision letter stipulates that the Company deserves a maximum of 70% and 92% from the basic rate of local calls and international calls.KOMINFO/02/2006. 1998.46/PR. TARIF JASA TELEKOMUNIKASI (Lanjutan) Pasca Bayar Max (Rp/menit)/ Max Post Paid (Rp/minute) 250 1. With this regulation. INTERKONEKSI Pada tanggal 8 Pebruari 2006.301/MPPT-98 (KM. 37 year 1999) dated June 11. along with Decree No. Post and Telecommunication) No.000 3.PT BAKRIE TELECOM Tbk CATATAN ATAS LAPORAN KEUANGAN 31 DESEMBER 2005 DAN 2004 (Angka dalam tabel disajikan dalam Rupiah. jaringan telekomunikasi selular dengan jaringan telekomunikasi selular dalam negeri lainnya.080 30.Zona dekat (<200 km) .Zona Jauh (>500 km) Pra Bayar Max (Rp/menit)/ Max Pre Paid (Rp/minute) 250 1.270 500 1.Zona dekat (<200 km) . TELECOMMUNICATIONS TARIFFS (Continued) FWP Max (Rp/menit)/ Max FWP (Rp/minute) 250 1. 1999. 2002. 46 year 1998) dated February 27. bersama dengan Keputusan No. KM. the Minister of Transportation of the Republic Indonesia issued Decision Letter KM No. 08/Per/M. 46 year 2002 concerning service provider of “Public Phone Kiosk (wartel)”.Zona sedang (200 – 500 km) . the regulation regarding to interconnection in Minister Decree No. Telephone Booth Rate (Wartel) On August 7. 31. mobile cellular telecommunication network. respectively.800 Type of Calls Local Long Distance: Short Distance Zone (<200 km) Medium Distance Zone (200 – 500 km) Long Distance Zone (>500 km) Mobile: Local Long Distance: Short Distance Zone (<200 km) Medium Distance Zone (200 – 500 km) Long Distance Zone (>500 km) - Tarif Wartel Pada tanggal 7 Agustus 2002. the most recent being the Decree KM No.270 550 2. telah diterbitkan ketentuan mengenai interkoneksi tertuang pada Peraturan Menteri No. 31. 2006. international telecommunication networks and PSTNs and other domestic PSTNs are uneffective. Dengan diterbitkannya Peraturan Menteri tersebut.815 2. kecuali dinyatakan lain) PT BAKRIE TELECOM Tbk NOTES TO FINANCIAL STATEMENTS DECEMBER 31. 46 tahun 1998) tanggal 27 Pebruari 1998. 37 Year 1999 (KM. jaringan telekomunikasi selular dengan jaringan telekomunikasi internasional. 2005 AND 2004 (Figures in table are expressed in Rupiah. INTERCONNECTION On February 8. 08/Per/M. KM.000 800 2.Zona sedang (200 – 500 km) .301/MPPT-98 (KM. 37 tahun 1999) tanggal 11 Juni 1999. KM.290 1.290 3.680 Jenis Panggilan Lokal Long Distance: .815 2.800 3. and other domestic mobile cellular telecommunication networks. prescribes interconnection tariff structures between mobile cellular telecommunication networks and Public Switched Telephone Networks (PSTNs). Menteri Perhubungan Republik Indonesia mengeluarkan Keputusan Menteri KM No.108/PR. Keputusan ini mengatur bahwa Perusahaan berhak memperoleh maksimum 70% dari tarif dasar wartel atas percakapan lokal dan maksimum 92% dari tarif dasar wartel atas percakapan internasional. unless otherwise stated) 30.625 3. 1994 which has been updated several times. 46 tahun 2002 mengenai penyelenggaraan jasa wartel. yang menetapkan tarif interkoneksi antara jaringan telekomunikasi selular dengan PSTN.301/MPPT-94 (KM.108/PR. Pos dan Telekomunikasi (sekarang Departemen Perhubungan) No. 108 tahun 1994) tanggal 28 Desember 1994 yang telah diperbaharui beberapa kali dengan perubahan terakhir Surat Keputusan KM No.100 2. KM.301/MPPT-94 dated December 28.

13 ) 1. Notes: * Counted from local interconnection basic tariff or long distance call (exclude the airtime which is the cellular operator’s portion) ** International call (origination or termination). Dengan interkoneksi.775. BASIC LOSS PER SHARE 2004 (297.d. merupakan pendapatan bagi Perusahaan yang dibebankan kepada penyelenggara SLI. maka panggilan yang berasal dari perusahaan ke operator lainnya (originasi) menimbulkan “beban interkoneksi” yang dibebankan kepada perusahaan (originator) yang membangkitkan panggilan. Rp 73 per menit / Rp 57 per minute until Rp 73 per minute 58. Jenis Panggilan Lokal SLJJ SLI** Beban Interkoneksi (Originasi)/ Interconnection Charge (Origination) Rp 57 per menit s. is revenue for the Company that is charged to international call provider. INTERKONEKSI (Lanjutan) Perusahaan telah mempunyai perjanjian interkoneksi bilateral dengan operator telekomunikasi dalam negeri lainnya. kecuali dinyatakan lain) PT BAKRIE TELECOM Tbk NOTES TO FINANCIAL STATEMENTS DECEMBER 31.PT BAKRIE TELECOM Tbk CATATAN ATAS LAPORAN KEUANGAN 31 DESEMBER 2005 DAN 2004 (Angka dalam tabel disajikan dalam Rupiah. Rp 850 per panggilan + Rp 550 per menit / Rp 700 per minute until Rp 850 per call + Rp 550 per minute 75%* 25%* s/d 35%* Type of Calls Local Long distance call International call** Selular . Using the interconnection.977.d.749.595 (287.529 (16.946. Rp 850 per panggilan + Rp 550 per menit / Rp 700 per minute until Rp 850 per call + Rp 550 per minute 25%* 65%* 31. menimbulkan “pendapatan interkoneksi” yang dibebankan kepada operator lain yang membangkitkan panggilan.034. Conversely. Rp 73 per menit / Rp 57 per minute until Rp 73 per minute Rp 240 per menit / Rp 240 per minute Rp 420 per menit s.324. 2005 AND 2004 (Figures in table are expressed in Rupiah. the calls from another operator to the Company (termination) obtain “interconnection revenue” that is chargeable to the other operator who made the call Pendapatan Interkoneksi (Terminasi) Interconnection Revenue (Termination) Rp 57 per menit s. Sementara itu. The interconnection tariff was based on respective bilateral agreements between the Company and each interconnected operator. the calls made from the Company to another operator (origination) obtain an “interconnection expense” that is chargeable to the Company (originator) who made the call. Tarif interkoneksi mengatur pembagian pendapatan interkoneksi antara Perusahaan dan operator telekomunikasi lainnya. unless otherwise stated) 31. panggilan yang berasal dari operator lainnya ke perusahaan (terminasi).Lokal . ** Panggilan SLI (originasi maupun terminasi).97 ) Weighted average number of ordinary shares Basic loss per share 45 . Besaran tarif interkoneksi berdasarkan kepada kesepakatan bilateral antara Perusahaan dengan masing-masing operator yang berinterkoneksi.011 ) 32.798 ) Net loss attributable to shareholders 8.511.75%* Rp 700 per menit s.289. 32.SLJJ Cellular Local Long distance call - Catatan: * Dihitung dari tarif dasar interkoneksi local atau SLJJ (diluar air time yang menjadi hak operator selular).d. RUGI BERSIH PER SAHAM DASAR 2005 Rugi bersih untuk tujuan rugi per saham dasar Jumlah rata-rata tertimbang saham untuk tujuan rugi bersih per saham dasar Rugi bersih per saham dasar (144. INTERCONNECTION (Continued) The Company has bilateral interconnection agreements with other domestic telecommunication operators.d. The interconnection tariff regulates the allocation of interconnection revenue between the Company and other telecommunication operators.

Pada tanggal 21 Nopember 2005. 33.PT BAKRIE TELECOM Tbk CATATAN ATAS LAPORAN KEUANGAN 31 DESEMBER 2005 DAN 2004 (Angka dalam tabel disajikan dalam Rupiah. b. the Company has significant agreements and commitments as follows: Third Parties a. b. install. On October 6.329. dimana Redknee akan merancang. The users of local fixed line of Indosat being able to make local connection by end to end to the Company’s local fixed line and vice versa.314 and concerning some modifications of the terms in the previous agreement. 2005 and 2004. 46 . SIGNIFICANT AGREEMENTS AND COMMITMENTS As of December 31. dengan nilai kontrak sebesar AS$ 2. 2004. BASIC LOSS PER SHARE (Continued) The Company did not calculate diluted earnings per share since the Company has no shares that have a potential dilutive effect for the years ended December 31. 2005. train. Perusahaan dan Redknee (Ireland) Ltd (Redknee) telah menandatangani perjanjian software lisence and support. Pada tanggal 6 Oktober 2004. kecuali dinyatakan lain) PT BAKRIE TELECOM Tbk NOTES TO FINANCIAL STATEMENTS DECEMBER 31. INDOSAT 329/100ICO/LGL/05 and No. unless otherwise stated) 32. mengirimkan. test. This agreement has been amended two times. the Company and PT Indosat Tbk (Indosat) signed a Cooperation Agreement No. Perjanjian ini sudah mengalami dua kali perubahan. install. to revoked the previous cooperation agreement that had been signed by the parties. Berdasarkan PKS 2005 para pihak sepakat memperluas lingkup kerjasama interkoneksi jaringan untuk mencakup: • 33. On November 21. BAKRIETEL 0349/EST-PKS/ISAT Jartap/X/2005 (“PKS 2005”) concerning “Interconnection of Indosat’s Fixed Line and Bakrie Telecom’s Local Fixed Line”. 2005. Based on PKS 2005 both parties agreed to expand their network interconnection cooperation area to cover the following: • Pengguna jaringan tetap lokal Indosat dapat melakukan panggilan lokal secara end to end ke jaringan tetap lokal Perusahaan dan sebaliknya. RUGI BERSIH PER SAHAM DASAR (Lanjutan) Perusahaan tidak menghitung laba per saham dilusian karena Perusahaan tidak memiliki saham yang mempunyai efek dilutif potensial untuk tanggal 31 Desember 2005 dan 2004.329. BAKRIETEL 0349/EST-PKS/ISAT Jartap/X/2005 (PKS 2005) tentang “Interkoneksi Jaringan Tetap Indosat dengan Jaringan Tetap Lokal Bakrie Telecom”. Perusahaan memiliki perjanjian dan ikatan yang signifikan.314 dan mencakup beberapa ketentuan dalam persyaratan perjanjian sebelumnya. delivery. INDOSAT 329/100-ICO/LGL/05 dan No. Perusahaan dan PT Indosat Tbk (Indosat) menandatangani Perjanjian Kerjasama (PKS) No. and the latest is on December 28. sebagai berikut: Pihak Ketiga a. 2005 AND 2004 (Figures in table are expressed in Rupiah. whereby Redknee was willing to design. maintain and provide all other services needed by the BakrieTel Inteligent Networks (IN) and Short Massage Service (SMS-C). melatih dan menyediakan layanan dan peralatan yang dibutuhkan untuk BakrieTel Inteligent Networks (IN) dan Short Massage Service (SMS-C). with contract value amounting to US$ 2. 2005 and 2004. dimana perubahan terakhir dilakukan pada tanggal 28 Desember 2005. 32. maka dengan demikian perjanjian kerjasama interkoneksi yang telah ditandatangani sebelumnya dinyatakan dicabut dan tidak berlaku lagi. the Company and Redknee (Ireland) Ltd (Redknee) has entered into Software License and Support Agreement. PERJANJIAN DAN IKATAN YANG SIGNIFIKAN Pada tanggal 31 Desember 2005 dan 2004. supply.

The users of of local fixed line of Indosat being able to make long distance calls (with access code 011) by end to end to Company’s local fixed line and vice versa. dimana masing-masing pihak menyetujui. Pengguna Indosat dapat mengirimkan SMS ke pengguna Perusahaan dan sebaliknya. Customers of Indosat being able to send SMS to Company’s customers and vice versa. kecuali dinyatakan lain) PT BAKRIE TELECOM Tbk NOTES TO FINANCIAL STATEMENTS DECEMBER 31. dan dapat ditinjau dan diperbaharui berdasarkan kesepakatan tertulis para pihak. diantaranya membayar beban interkoneksi lokal kepada Indosat untuk setiap panggilan interkoneksi lokal dari pengguna jaringan tetap lokal Perusahaan. to pay the local interconnection fee to Indosat for any local interconnection call from user of Company’s local fixed line. c. with access code 001 or 008. Pengguna Perusahaan dapat menerima panggilan dari pengguna jaringan telekomunikasi di luar negeri yang disalurkan melalui jaringan tetap SLI Indosat. The PKS 2005 is valid for 3 (three) years effective from November 1. SIGNIFICANT AGREEMENTS AND COMMITMENTS (Continued) • Pengguna jaringan tetap lokal Indosat dapat melakukan panggilan SLJJ (dengan kode akses 011) secara end to end ke jaringan tetap lokal Perusahaan dan sebaliknya. unless otherwise stated) 33. maka PKS 2005 akan tetap berlaku secara otomatis untuk setiap jangka waktu 3 (tiga) tahun berikutnya. The users of the Company’s local fixed line being able to make international calls to foreign countries using the international call services of Indosat. 2005 AND 2004 (Figures in table are expressed in Rupiah. Perusahaan mengadakan Perjanjian Kerjasama Interkoneksi Jaringan Telekomunikasi dengan PT Telekomunikasi Indonesia (Persero) Tbk (Telkom). among others. c. PERJANJIAN DAN IKATAN YANG SIGNIFIKAN (Lanjutan) • 33. Perusahaan berkewajiban.PT BAKRIE TELECOM Tbk CATATAN ATAS LAPORAN KEUANGAN 31 DESEMBER 2005 DAN 2004 (Angka dalam tabel disajikan dalam Rupiah. If both parties have no intention of changing or terminating PKS 2005. PKS 2005 ini berlaku untuk jangka waktu 3 (tiga) tahun dan berlaku efektif sejak tanggal 1 Nopember 2005. subject to renewal after the written approval of the parties. baik melalui kode akses 001 atau 008. it will automatically renew and be effective for the next 3 (three) years. Cooperation in completing interconnection finance’s rights and obligations of both parties • • • • • • • • • • Berdasarkan PKS 2005 ini. The Company entered into a Joint Interconnection Agreement with PT Telekomunikasi Indonesia (Persero) Tbk (Telkom). Customers of the Company being able to receive a calls from foreign telecommunication network distributed by the fixed lines of international calls of Indosat. hal-hal berikut ini: Based on the PKS 2005. Pengguna jaringan tetap lokal Perusahaan dapat melakukan panggilan internasional ke luar negeri dengan menggunakan jasa SLI Indosat. demikian seterusnya. Kerjasama dalam penyelesaian hak dan kewajiban keuangan interkoneksi para pihak. The users of the Company’s local fixed line being able to make long distance calls (with access code 011) by end to end to other local fixed lines and vice versa using fixed line long distance call of Indosat. Pengguna jaringan tetap lokal Perusahaan dapat melakukan panggilan SLJJ (dengan kode akses 011) secara end to end kepada jaringan tetap lokal penyelenggara lain dan sebaliknya menggunakan jaringan tetap SLJJ Indosat. whereby each party agreed on the following: 47 . Dalam hal tidak ada pihak yang menghendaki perubahan atau pengakhiran terhadap PKS 2005 ini. 2005. the Company is obliged.

Mulai tanggal 1 April 2005 diberlakukan tarif interkoneksi lokal dan tarif Interkoneksi Jarak Jauh (JJ) bagi pelanggan yang menggunakan jaringan telepon tetap Perusahaan dengan tarif yang berlaku sama seperti pelanggan limited mobility. SIGNIFICANT AGREEMENTS AND COMMITMENTS (Continued) • Interkoneksi jaringan telekomunikasi antara jaringan Sambungan Telepon Lintas Radio (STLR) Perusahaan dengan Public Switched Telephone Network (PSTN) milik Telkom untuk melakukan percakapan lokal dan Sambungan Langsung Jarak Jauh (SLJJ) dan Sambungan Langsung Internasional (SLI).25% from collected rate of SLJJ and Rp 240 per minute for calls of SLJJ from PSTN Telkom to Company starting February 1. Perusahaan telah mengadakan kesepakatan tentang Skema Interkoneksi Baru dengan Telkom pada tanggal 6 Desember 2004 dan 7 Desember 2004. 2005. PERJANJIAN DAN IKATAN YANG SIGNIFIKAN (Lanjutan) • 33. sebagai berikut: • Refer to the interconnection expense implementation which was based on Decree of Minister of Transportation dated March 11. effective from May 5. Obtained Interconnection Rate for long distance calls (JJ) for customers who use limited mobility in accordance with the agreement between PT Telkom and Indosat amounting to 41. • Obtained Local Interconnection Rate for local extension customers who use limited mobility with local interconnection rate of Rp 73 per minute starting January 1. efektif mulai tanggal 5 Mei 1997 dan diperpanjang secara otomatis untuk setiap tiga (3) tahun berikutnya. Mulai tanggal 1 Pebruari 2005 diberlakukan tarif Interkoneksi Jarak Jauh (JJ) bagi pelanggan yang menggunakan limited mobility dengan tarif yang mengacu kepada kesepakatan antara PT Telkom dengan Indosat sebesar 41. Perusahaan mengadakan addendum perjanjian kerjasama interkoneksi dengan Telkom pada tanggal 26 Desember 2005 dan sepakat memperluas lingkup kerjasama yang mencakup: d. Perusahaan memiliki kewajiban untuk membayar pendapatan interkoneksi bersih Telkom atas panggilan keluar melalui percakapan lokal. SLJJ. 1997 and automatically renewable every succeding three (3) years.PT BAKRIE TELECOM Tbk CATATAN ATAS LAPORAN KEUANGAN 31 DESEMBER 2005 DAN 2004 (Angka dalam tabel disajikan dalam Rupiah. 2005 AND 2004 (Figures in table are expressed in Rupiah. 2004. 2005 and agreed to increase the cooperation area which include. 2005. kecuali dinyatakan lain) PT BAKRIE TELECOM Tbk NOTES TO FINANCIAL STATEMENTS DECEMBER 31. the Company entered into an agreement about New Interconnection Scheme with Telkom on December 6-7. • • • • Dengan mengacu pada implementasi beban interkoneksi berbasis biaya yang tertera dalam Keputusan Menteri Perhubungan tanggal 11 Maret 2004 KM No. the following: 48 . 2005. SLJJ. international calls (SLI). • • • • Used of Local Interconnection Rate and Interconnection Rate for long distance calls (JJ) for customers using fixed line calls are at the same rate as limited mobility customers starting April 1. Significant terms in the agreement are as follows: Mulai tanggal 1 Januari 2005 diberlakukan tarif Interkoneksi Lokal untuk sambungan lokal para pelanggan yang menggunakan limited mobility dengan tarif interkoneksi lokal sebesar Rp 73 per menit. Hal-hal penting yang disepakati antara lain. and SLI. d. 2004 KM No. unless otherwise stated) 33. 32 in 2004 concerning “Interconnection Expense of Telecommunication Management”. Telecommunication network interconnection between the Company’s wireless radio wave based on telecommunication system (STLR) and Telkom’s Public Switched Telephone Network (PSTN) for local. and The agreement with Telkom is valid for three (3) years.25% dari tarif pungut SLJJ untuk originasi dan sebesar Rp 240 per menit untuk terminasi panggilan SLJJ dari PSTN Telkom ke Perusahaan. 32 Tahun 2004 tentang “Biaya Interkoneksi Penyelenggaraan Telekomunikasi”. long distance (SLJJ). dan SLI. The Company made an addendum of interconnection cooperation agreement with Telkom on December 26. The Company has an obligation to pay interconection revenue to Telkom from outgoing calls through local conversation. dan Perjanjian dengan Telkom berlaku untuk tiga (3) tahun.

the Company and Nortel Networks Singapore Pte.007. 49 . Singapura. hal-hal berikut ini: • e. SIGNIFICANT AGREEMENTS AND COMMITMENTS (Continued) • • Penyaluran panggilan SLI . Perusahaan dan Nortel Networks Singapore Pte.308. Indonesia dengan harga kontrak sebesar AS$ 18. materials and services to implement a network with 100. 2004 and valid for the next years and could be terminated at any time within six (6) months after written notice. Ltd. on the following: • Interkoneksi antara jaringan STLR Perusahaan dengan Sambungan Telepon Bergerak Selular (STBS) Global System for Mobile Communication (GSM) milik Excelcom untuk melakukan percakapan dari atau keluar melalui jaringan milik Excelcom dan STLR Perusahaan serta mengirim pesan pendek (SMS) dan menerima panggilan atau SMS dari pelanggan masing-masing Perusahaan. Di wilayah Jabotabek. f.33 and thirty-two (32) BTS with a contract price of US$ 1. Ltd. Bogor. Pada tanggal 30 April 2002. Tangerang and Bekasi (Jabotabek). Perusahaan memiliki kewajiban untuk membayar pendapatan interkoneksi bersih Excelcom atas panggilan keluar melalui STBS milik Excelcom berdasarkan peraturan pemerintah.22 in the Jabotabek area (see Note 13). Peyaluran Short Message Service (SMS). kecuali dinyatakan lain) PT BAKRIE TELECOM Tbk NOTES TO FINANCIAL STATEMENTS DECEMBER 31. The Company entered into the Financial Termination of Transit Interconnection of Cooperative Agreement with PT Excelcomindo Pratama (Excelcom). Perusahaan mengadakan ekspansi duabelas (12) BTS sebesar AS$ 98. whereby each party agreed.885. The Company has an obligation to pay Excelcom for the net interconnection revenue from outgoing calls made through Excelcom’s network based on government regulation. The addition of local area in interconnection implementation.786. Bogor.000 anticipated aggregate subscriber lines.74 Peralatan tersebut akan meliputi perangkat lunak (software). unless otherwise stated) 33.154.401.22 (lihat Catatan 13).154. Perjanjian Kerjasama Interkoneksi dengan PT Excelcomindo Pratama (Excelcom). 2005 AND 2004 (Figures in table are expressed in Rupiah. the Company constructed twelve (12) BTS with a contract price of US$ 98. The distribution of Short Message Services (SMS). Penambahan wilayah pelaksanaan interkoneksi. bahan-bahan dan jasa-jasa untuk membuat jaringan dengan jumlah sekitar 100. • • • • e. Penyaluran panggilan terminasi internasional dari SGI Telkom ke Perusahaan. dan Perjanjian dengan Excelcom berlaku efektif mulai tanggal 12 Januari 2004 dan berlaku terus menerus sampai dengan adanya pemberitahuan tertulis selambat-lambatnya enam (6) bulan sebelum tanggal pemutusan perjanjian. dimana Nortel Networks akan memasok peralatan untuk CDMA 2000 1X Wireless Local Loop Network di Jakarta. 2002. Indonesia for a contract price of US$ 18. Singapore entered into a Supply Agreement whereby Nortel Networks will supply the equipment for a CDMA 2000 1X Wireless Local Loop Network in Jakarta. dimana setiap pihak menyetujui. On October 19 2004 and June 8.33 dan tanggal 8 Juni 2004 mengadakan ekspansi tigapuluh dua (32) BTS di wilayah Jabotabek sebesar AS$ 1. pada tanggal 19 Oktober 2004. PERJANJIAN DAN IKATAN YANG SIGNIFIKAN (Lanjutan) • • 33.786. 2004. The distribution of international termination call from SGI Telkom to the Company. and The agreement with Excelcom is effective from January 12. (Nortel Networks). Interconnection between the Company’s STLR and Excelcom’s Celular Mobile Telephone Network (STBS) Global System for Mobile Communication (GSM) to make outgoing or receive incoming calls through Excelcom’s network and Company’s STLR and send short message (SMS) and receive call or SMS from each Company’s customers. On April 30. • • • • f.401. mengadakan Perjanjian Pengadaan. lokal dalam The distribution of SLI – 007 call.74 The equipment shall include software.885.308. (Nortel Networks). Tangerang dan Bekasi.PT BAKRIE TELECOM Tbk CATATAN ATAS LAPORAN KEUANGAN 31 DESEMBER 2005 DAN 2004 (Angka dalam tabel disajikan dalam Rupiah.000 saluran langganan.

PERJANJIAN DAN IKATAN YANG SIGNIFIKAN (Lanjutan) g. Indonesia for a contract price of US$ 7. Ltd. Indonesia dengan harga kontrak sebesar AS$ 7. 2005 AND 2004 (Figures in table are expressed in Rupiah. Perusahaan mempunyai kewajiban untuk membayar kepada Telkomsel beban interkoneksi sesuai dengan peraturan Pemerintah atas pendapatan dari panggilan keluar melalui sambungan Telkomsel. PT Komunikasi Selular Indonesia (Komselindo). 2004. Ltd.496. h. Perusahaan mengadakan Perjanjian Kerjasama Interkoneksi Jaringan dengan PT Telekomunikasi Selular (Telkomsel). Investment Co. the Company. unless otherwise stated) 33. Huawei shall deliver the equipment and grant to the Company a non-exclusive license to use all software associated within and integral to the hardware (see Note 13). Interconnection of the Company’s telecommunication network with Telkomsel network to make outgoing or receive incoming calls and short message service (SMS) through Telkomsel and the Company’s network from a customer of either party. Huawei juga memberikan Perusahaan ijin non-exclusive untuk menggunakan perangkat lunak yang berhubungan dan perangkat keras yang dibeli Perusahaan (lihat Catatan 13). on the following: 50 . 2003. Perusahaan mengadakan Perjanjian Kerjasama Interkoneksi Jaringan dengan PT Komunikasi Selular Indonesia (Komselindo) dan PT Metro Selular Nusantara (Metrosel) yang mengatur hal-hal sebagai berikut: i. the Company and PT Telekomunikasi Selular (Telkomsel). (Huawei). The Company has an obligation to pay interconnection expense to Telkomsel revenue based on the government regulation from outgoing calls made through Telkomsel’s networking. SIGNIFICANT AGREEMENTS AND COMMITMENTS (Continued) g. Pada tanggal 30 Januari 2004. Perjanjian tersebut meliputi pengadaan peralatan dan jasajasa untuk membuat jaringan dengan jumlah sekitar 70. On March 3. a subsidiary of PT Telkom entered into a Interconnection Agreement whereby each party agreed.496. On October 15. on the following: • Interkoneksi langsung antara jaringan Telkomsel dengan jaringan Perusahaan untuk menyediakan jasa panggil interkoneksi dan mengirim pesan pendek (SMS) dan menerima panggilan atau SMS dari pelanggan masing-masing Perusahaan.000 anticipated aggregate subscriber lines. and The original agreement with Telkomsel. Hong Kong entered into a Supply and Service Agreement whereby Huawei will supply the equipment for a CDMA 2000 1X Wireless Local Loop Network in Bandung. • • • • i. Investment Co.PT BAKRIE TELECOM Tbk CATATAN ATAS LAPORAN KEUANGAN 31 DESEMBER 2005 DAN 2004 (Angka dalam tabel disajikan dalam Rupiah. yang mengatur hal-hal sebagai berikut: • 33.000 saluran langganan. On January 30. effective from March 3. Pada tanggal 3 Maret 2004. Perusahaan dan Huawei Tech. and PT Metro Selular Nusantara (Metrosel) entered into a Interconnection Agreement whereby each party agreed. among others.640. 2004. anak Perusahaan Telkom. (Huawei). h.640. 2004 was to remain valid and could be terminated at any time within three (3) months after written notice from either of the parties. kecuali dinyatakan lain) PT BAKRIE TELECOM Tbk NOTES TO FINANCIAL STATEMENTS DECEMBER 31. Pada tanggal 15 Oktober 2003. or terminated based on a government decree. The agreement shall include equipment and services to implement a network with 70. dan Perjanjian dengan Telkomsel tersebut berlaku secara efektif sejak tanggal 3 Maret 2004 dan berlaku terus menerus sampai dengan adanya pemberitahuan tertulis untuk mengakhiri perjanjian selambat-lambatnya tiga (3) bulan setelah pemberitahuan tertulis dari salah satu pihak atau dihentikan berdasarkan keputusan Pemerintah yang mencabut ijin masing-masing pihak. the Company and Huawei Tech. among others. Hongkong mengadakan Perjanjian Pengadaan dan Jasa dimana Huawei akan memasok peralatan untuk CDMA 2000 1X Wíreless Local Loop Network di Bandung.

Indonesia dengan harga kontrak sebesar AS$ 1. 2005 AND 2004 (Figures in table are expressed in Rupiah. unless otherwise stated) 33. the Company and PT Tiara Lilin Indonesia (Tiara) entered into a Supply and Service civil works and mechanical electrical Agreement whereby Tiara will supply the equipment for BTS include electrical tools. On March 31. 2004 was valid and could be terminated at any time within six (6) months after written notice from either of the parties.PT BAKRIE TELECOM Tbk CATATAN ATAS LAPORAN KEUANGAN 31 DESEMBER 2005 DAN 2004 (Angka dalam tabel disajikan dalam Rupiah. Interconnection of the Company’s telecommunication network with cellular lines of Komselindo and Metrosel network to make outgoing or receive incoming calls and short message service (SMS) through Komselindo. The agreement with Komselindo and Metrosel.272. the Company and Fresnel Microwave System Ltd (Fresnel). PERJANJIAN DAN IKATAN YANG SIGNIFIKAN (Lanjutan) • 33. Pada tanggal 23 September 2005. The Company has an obligation to pay interconnection to Komselindo and Metrosel revenue based on the government regulation for outgoing calls made through Komselindo and Metrosel networking. Perusahaan dan PT Tiara Lilin Indonesia (Tiara) mengadakan Perjanjian Pengadaan Jasa civil work dan mechanical electrical dimana Tiara akan meenyediakan jasa pemasangan menara BTS berikut perangkat electrical. effective from January 30.599. or terminated based on a government decree. 2005.575 (lihat Catatan 13).154. England entered into a Supply and Service Agreement whereby Fresnel will supply the equipment for CDMA 2000 1X Microwave Radio Link and Antene Link Indonesia. England mengadakan Perjanjian Pengadaan dan Jasa dimana Fresnel akan memasok peralatan untuk CDMA 2000 1X Microwave Radio Link dan Antene Link.29 and Rp 20. Metrosel and the Company’s network from a customer of each party.781. kecuali dinyatakan lain) PT BAKRIE TELECOM Tbk NOTES TO FINANCIAL STATEMENTS DECEMBER 31. Perusahaan mempunyai kewajiban untuk membayar kepada Komselindo dan Metrosel beban interkoneksi sesuai dengan peraturan Pemerintah atas pendapatan dari panggilan keluar melalui sambungan Komselindo dan Metrosel. On September 23. 2005. with contract price US$ 1.154. • • • • j. dan Perjanjian dengan Komselindo dan Metrosel tersebut berlaku secara efektif sejak tanggal 30 Januari 2004 dan berlaku terus menerus sampai dengan adanya pemberitahuan tertulis untuk mengakhiri perjanjian selambat-lambatnya 6 (enam) bulan setelah pemberitahuan tertulis dari salah satu pihak atau dihentikan berdasarkan keputusan Pemerintah yang mencabut ijin masingmasing pihak.599. 2004.589. SIGNIFICANT AGREEMENTS AND COMMITMENTS (Continued) • Interkoneksi jaringan Perusahaan dengan Sambungan Telepon Bergerak Selular (STBS) Komselindo dan Metrosel untuk menyediakan jasa panggil dan mengirim pesan pendek (SMS) dan menerima panggilan atau SMS dari pelanggan masingmasing Perusahaan. dengan harga kontrak sebesar AS$ 546. l. Perusahaan menandatangani Nota Kesepakatan Bersama Kerjasama Operasi dan Pemanfaatan Jaringan dengan Indosat. Pada tanggal 28 Desember 2004.781.589. k. Perusahaan dan Fresnel Microwafe System Ltd (Fresnel). k. j. with contract price of US$ 546. On December 28. Pada tanggal 31 Maret 2005.272. the Company signed an Memorandum of Understanding (MoU) regarding Operational and Network Use Agreement with Indosat. The agreement shall include equipment and services to implement a BTS network (see Note 13).575 (see Note 13). l.29 dan Rp 20. Perjanjian tersebut meliputi pengadaan peralatan dan jasa-jasa untuk membuat jaringan BTS (lihat Catatan 13). 51 .

Hal mana akan diatur lebih lanjut dalam Perjanjian Pelaksanaan yang hingga saat ini belum ditandatangani. Nota Kesepakatan ini akan berlangsung terus selama Indosat masih memiliki pelanggan yang menggunakan jaringan telekomunikasi dan frekuensi milik Perusahaan. Perusahaan menjamin akan menyediakan kapasitas yang cukup kepada Indosat untuk layanan penyaluran trafik telekomunikasi oleh Indosat yang menggunakan jaringan telekomunikasi Perusahaan. and otherwise the Company will cooperate with Indosat for using the Company’s 800 Mhz frequency in all Company’s area to used the Indosat’s frequency and network. SIGNIFICANT AGREEMENTS AND COMMITMENTS (Continued) Based on that MoU the Company and Indosat entered into cooperation for feedback and non-exclusive network and service use by both Indosat and the Company respectively with the concept for a Mobile Virtual Network Operator (MVNO). The Company and Indosat will enter into a service cooperation in the 800 Mhz frequency band in all areas where the Company or Indosat are licensed to operate at this frequency. dan sebaliknya. PERJANJIAN DAN IKATAN YANG SIGNIFIKAN (Lanjutan) Berdasarkan Nota Kesepakatan dimaksud Perusahaan dan Indosat sepakat untuk melaksanakan kerjasama timbal balik dan non eksklusif atas pemanfaatan jaringan dan penggunaan layanan di frekuensi yang dimiliki oleh masing-masing. This guarantee must still be upheld if one party makes another similar cooperation agreement with another operator. unless been decided by related parties in the Implementation Agreement. 33. and Indosat likewise promises to provide sufficient capacity to the Company for distribution of telecommunication traffic by the Company using Indosat’s telecommunication network. unless otherwise stated) 33. Indosat akan bekerjasama dengan Perusahaan untuk penggunaan layanan di frekuensi 800 Mhz milik Indosat di seluruh area yang dimiliki oleh Indosat dengan pemanfaatan layanan di frekuensi dan jaringan milik Indosat. Approval of this agreement is still in process. dan sebaliknya Perusahaan akan bekerjasama dengan Indosat untuk penggunaan layanan di frekuensi 800 Mhz milik Perusahaan di seluruh area yang dimiliki oleh Perusahaan dengan pemanfaatan layanan di frekuensi dan jaringan milik Indosat. kecuali dinyatakan lain) PT BAKRIE TELECOM Tbk NOTES TO FINANCIAL STATEMENTS DECEMBER 31. kecuali ditentukan lain oleh para pihak dalam Perjanjian Pelaksanaan. Jaminan ketersediaan kapasitas harus tetap dipatuhi dalam hal salah satu pihak mengadakan kerjasama lain yang sejenis dengan operator lain. 52 .PT BAKRIE TELECOM Tbk CATATAN ATAS LAPORAN KEUANGAN 31 DESEMBER 2005 DAN 2004 (Angka dalam tabel disajikan dalam Rupiah. and vice versa. The Company guarantees to provide sufficient capacity to Indosat for the distribution of telecommunication traffic service by Indosat using the Company’s telecommunication network. begitu juga sebaliknya Indosat menjamin akan menyediakan kapasitas yang cukup kepada Perusahaan untuk layanan penyaluran trafik telekomunikasi oleh Perusahaan yang menggunakan jaringan telekomunikasi Indosat. This MoU will continue as long as Indosat still has customers which use the Company’s telecommunication network and frequency. Indosat dan Perusahaan. 2005 AND 2004 (Figures in table are expressed in Rupiah. dengan konsep Mobile Virtual Network Operator (MVNO).

840 and Rp 919.829 masing-masing pada tanggal 31 Desember 2005 dan 2004.659. Future operations of the Company are considered likely to be still affected by the Indonesian economic condition.818. The operations of the Company have been affected by the Indonesian economic condition. mainly as a result of instability in the domestic social and political sectors. namun mata uang Rupiah masih bersifat labil terhadap sejumlah besar mata uang asing dan sensitif terhadap perkembangan ekonomi dan non-ekonomi di Indonesia dan kawasan sekitarnya.659. the Rupiah continues to be volatile as compared to most foreign currencies and susceptible to economic and noneconomic conditions in Indonesia and the surrounding region. delapan (8). perjanjian untuk lantai dasar.840 dan Rp 919. ECONOMIC CONDITIONS The Indonesian economy is still experiencing uncertainty. AS$ 87. SIGNIFICANT AGREEMENTS AND COMMITMENTS (Continued) Related Party On September 1. Perusahaan telah melakukan dan merencanakan untuk meneruskan tindakan-tindakan berikut: 34. masingmasing berlaku sampai dengan tanggal 30 September 2006 dan 31 Agustus 2006.643.315 perbulan untuk lantai delapan (8) dan sembilan (9) dengan kurs yang dipergunakan AS$ 1 = Rp 4. terutama disebabkan ketidakstabilan sektor sosial dan politik dalam negeri. up to September 30. lantai dua (2). Although interest rates have been reduced.948.818.000.000. Walaupun tingkat suku bunga telah mengalami penurunan. Beban sewa dan jasa yang terjadi per bulan untuk periode dimaksud masing-masing adalah sebesar AS$ 90. 33.063.113.494.063. Economic recovery is significantly influenced by the effectiveness of fiscal and monetary policies implemented by the government and the development of government laws and regulations and political conditions.315 for eighth floor (8) and ninth floor (9) with rate of exchange US$ 1 = Rp 4. 2005 and 2004 amounting to Rp 1. kecuali dinyatakan lain) PT BAKRIE TELECOM Tbk NOTES TO FINANCIAL STATEMENTS DECEMBER 31. 2006 and August 31.829.810 untuk lantai dasar. The contract for the rental space is renewable every year.480 for second floor (2). 34. The Company recorded accumulated deficits as of December 31. Operasi Perusahaan telah terpengaruh oleh kondisi perekonomian tersebut Perusahaan mencatat akumulasi defisit masingmasing sebesar Rp 1.948. US$ 74. pihak hubungan istimewa. Perbaikan ekonomi sangat dipengaruhi oleh efektifitas kebijakan fiskal dan moneter yang diambil oleh Pemerintah dan perkembangan peraturan dan politik. the Company entered into several contract agreements with PT Bakrie Swasakti Utama. dimana Perusahaan menyewa beberapa lantai di bangunan Wisma Bakrie secara tahunan.306. 2004. which are beyond the management’s control. the Company has implemented and plans to continue with the following measures: 53 . unless otherwise stated) 33. Perusahaan mengadakan beberapa perjanjian dengan PT Bakrie Swasakti Utama.643. 2005 AND 2004 (Figures in table are expressed in Rupiah. AS$ 74.PT BAKRIE TELECOM Tbk CATATAN ATAS LAPORAN KEUANGAN 31 DESEMBER 2005 DAN 2004 (Angka dalam tabel disajikan dalam Rupiah. dan sembilan (9) diperbaharui setiap tahun.494.715 for fifth floor (5) and US$ 108.113.715 per tahun untuk lantai lima (5) dan AS$ 108. Sebagai bagian dari usahausaha berkesinambungan dari Perusahaan untuk menghadapi kondisi di atas.480 per bulan untuk lantai dua (2).993.306. a related party. yang berada di luar kendali Perusahaan.810 for basement floor. US$ 87. Operasi Perusahaan di masa mendatang diperkirakan masih akan terpengaruh oleh kondisi ekonomi di Indonesia. KONDISI EKONOMI Perekonomian Indonesia sampai dengan saat ini masih menghadapi ketidakpastian. lima (5). Rent and service charges incurred per month for the related period amounts to US$ 90. respectively.993. As part of the Company’s continuing efforts in addressing the above mentioned condition. 2006. whereby the Company agreed to rent several floors of the Wisma Bakrie building yearly. PERJANJIAN DAN IKATAN YANG SIGNIFIKAN (Lanjutan) Pihak Hubungan Istimewa Pada tanggal 1 September 2004.

Memperbanyak fitur layanan seperti SMS dan data serta mengembangkan produk dengan meningkatkan kapabilitas CDMA 2000 1 X serta menambah Value Added Services (VAS). Sulawesi. . kecuali dinyatakan lain) PT BAKRIE TELECOM Tbk NOTES TO FINANCIAL STATEMENTS DECEMBER 31.Mengembangkan kerja sama dengan pihak lain dalam hal pendistribusian starter pack dan voucher.Mengembangkan Brand baru untuk segmen yang berbeda. Bank Ekonomi.The Company will increasing the services such as SMS and data. and banks consisting of Bank BCA. Dalam bidang pemasaran . as well as to developed the product with CDMA 2000 1X capability and adding the Value Added Services (VAS).The Company will expand and increase the quality of its network and coverage.Memperluas dan meningkatkan kualitas jaringan dan jangkauan. Sumatera. For such purposes.The Company is commited to continuing its expansion through increasing its coverage area.The Company will develop refill voucher distribution channels through collaboration with electronic refill voucher agents like E-pay and Nusapro. . Distribution sector . Bank Danamon. This in-principle license was obtained through a collaborative venture with Indosat that has enabled the Company to reduce the cost of investment in BTS in the areas that the Company wishes to expand its coverage. membuka gerai. saat ini Perusahaan telah mendapatkan ijin prinsip guna perluasan cakupan area menjadi nasional (Nationwide) sehingga nantinya Perusahaan dapat beroperasi di daerah-daerah di pulau Jawa lainnya. Bank Mandiri.PT BAKRIE TELECOM Tbk CATATAN ATAS LAPORAN KEUANGAN 31 DESEMBER 2005 DAN 2004 (Angka dalam tabel disajikan dalam Rupiah. . Bank Mandiri. Citibank. Bank Mega. Bank Permata.The Company will develop new brands for different market segments. etc. Sulawesi and other areas throughout Indonesia. . point of sales and permanent booths in locations within the Esia coverage area and apply a one-stop service concept for Esia products. Bank Permata.The Company will strive to increase Esia brand awareness in its target market segments through focused marketing and promotional programs. 54 .Meneruskan dan meningkatkan kegiatan strategi pemasaran dengan konsep “Disruptive Innovation” melalui berbagai program pemasaran seperti telah dilakukan yaitu paket “Semua Untung”. Marketing sector . Bank BNI.The Company will collaborate with third parties for the distribution of starter packs and vouchers. Citibank.Mengembangkan jalur distribusi voucher isi ulang melalui kerja sama dengan agen voucher isi ulang elektronik seperti E-pay.Perusahaan terus berkomitmen melakukan ekspansi melalui penambahan jaringan untuk memperluas cakupan area. . 34. paket “Gile Beneer”. as well as Sumatra. “Gile Beneer”. Izin prinsip ini didapat melalui kerja sama pemanfaatan jaringan nasional milik Indosat yang memungkinkan Perusahaan untuk menekan biaya investasi BTS di seluruh wilayah yang ingin dimasuki oleh Perusahaan. kerja sama interkoneksi yang saling menguntungkan dengan operator lain. Bank Bukopin dan bank-bank lainnya. ECONOMIC CONDITIONS (Continued) Operation sector .The Company will pursue its marketing strategy based on the concept of disruptive innovation through various campaigns similar to the “Semua Untung”. 2005 AND 2004 (Figures in table are expressed in Rupiah. . “Hujan Duit” dan “Talktime”. . Kalimantan. unless otherwise stated) 34. . and collaborate with other operators for interconnection purposes on a mutually beneficial basis. KONDISI EKONOMI (Lanjutan) Dalam bidang operasi . “Hujan Duit” and “Talk Time” campaigns. Bank Mega. . Kalimantan. maupun daerah lainnya di seluruh Indonesia. . the opening of outlets.Peningkatan Brand Awareness Esia atas segmen market yang dituju oleh Perusahaan melalui program-program pemasaran dan promosi yang terarah. point of sales dan permanent booth di lokasi-lokasi cakupan area Esia serta menerapkan konsep one stop service untuk produk Esia. Bank Bukopin. Bank BNI . the Company has obtained an in-principle license to roll out its coverage nationwide so that Company would be operating in other areas of Java Island. Bank Danamon. Bank Ekonomi. Nusapro dan bank yang terdiri dari Bank BCA. Untuk itu. Dalam bidang distribusi .

55 . kecuali dinyatakan lain) PT BAKRIE TELECOM Tbk NOTES TO FINANCIAL STATEMENTS DECEMBER 31.PT BAKRIE TELECOM Tbk CATATAN ATAS LAPORAN KEUANGAN 31 DESEMBER 2005 DAN 2004 (Angka dalam tabel disajikan dalam Rupiah. unless otherwise stated) 34. Perusahaan juga berencana untuk mempertahankan jumlah saluran Ratelindo yang dimiliki saat ini tanpa menambah saluran baru. Based on this arragement. 34. termasuk dampak dari pelanggan.The Company will continue to increased the competency of human resources quality. dan Jawa Barat. it will be possible for the Company to expand its wireless telephone services network to customers outside of its existing license area.program Customer Relationship Management (CRM) dalam rangka meningkatkan kualitas pelayanan dari produkproduk yang ditawarkan dengan tujuan mencapai kepuasan pelanggan. Dalam bidang sumber daya manusia . This is because the E-TDMA technology used by Ratelindo is already obsolete and not being upgraded. the Company and Indosat signed an MoU on the Joint Operation and utilization of Network. The management believes that the above mentioned plan will effectively counter the effects of the current economic condition on the Company. motivasi tinggi dan berorientasi pada kepuasan pelanggan agar menjadi perusahaan kelas dunia. dimana Perusahaan akan bekerja sama dengan Indosat untuk penggunaan layanan di frekuensi 800 MHz milik Indosat di seluruh area yang dimiliki oleh Indosat.The Company will develop Customer Relationship Management (CRM) programs as part of the effort to improve the quality of the products and services offered to customers so as to ensure customer satisfaction. The Company also plans to maintain the number of Ratelindo customers but not add new ones.Mengembangkan program . Human resources sector . including the effects flowing through from customers.Terus menerus meningkatkan kualitas dari sumber daya manusia yang kompeten. creditors and shareholders. Dengan adanya kerjasama ini. Tidaklah mungkin untuk menentukan dampak masa depan dari kondisi ekonomi saat ini terhadap likuiditas dan pendapatan Perusahaan. KONDISI EKONOMI (Lanjutan) Dalam bidang kepuasan pelanggan . dalam waktu yang lebih singkat dan biaya yang lebih rendah dibandingkan bila harus menyelenggarakan sendiri pengembangan jaringan tersebut. ECONOMIC CONDITIONS (Continued) Customer satisfaction sector . Manajemen berkeyakinan bahwa rencana yang disebutkan di atas akan dapat secara efektif mengatasi pengaruh dari kondisi ekonomi saat ini terhadap Perusahaan. Kerjasama Operasi dengan PT Indosat Tbk Pada tanggal 23 September 2005 Perusahaan dan Indosat menandatangani suatu Nota Kesepakatan Bersama Kerjasama Operasi dan Pemanfaatan Jaringan. Joint Operation with PT Indosat Tbk On September 23. to expand its network nationally within a short space of time and at lower cost that would be the case if the Company had to develop the network itself. while Indosat vice versa will be allowed to use the 800 MHz frequency in the areas where it the Company is owned. 2005. Hal ini dilakukan karena teknologi yang digunakan untuk Ratelindo adalah teknologi E-TDMA yang merupakan teknologi yang lama dan tidak dapat di up grade lebih lanjut. Banten and West Java area. The Joint Operation is using MVNO concept. maka dimungkinkan bagi Perusahaan untuk mengembangkan jaringan layanan telekomunikasi untuk pelanggan di luar wilayah lisensi saat ini. It is not possible to determine the future effects of the economic conditions that on the Company’s liquidity and earnings. suppliers. Kerjasama Operasi ini dilakukan dengan konsep MVNO. that is to say. kreditur dan pemegang saham Perusahaan. 2005 AND 2004 (Figures in table are expressed in Rupiah. namely the provinces of Jakarta. high motivation and customer staisfaction oriented to be a world class Company. which the Company will collaborate with Indosat in used by the 800 MHz frequency in all areas which is owned by Indosat. Banten. pemasok. dan Indosat akan bekerjasama dengan Perusahaan untuk penggunaan layanan di frekuensi 800 MHz milik Perusahaan untuk area Jakarta.

415.216.217.100.836. CBG. Limited signed into a Supply and Service Agreement for IN & SMSC project. Perusahaan dan Huawei Tech Investment Co Limited menandatangani Perjanjian pengadaan barang dan jasa untuk proyek IN & SMSC. unless otherwise stated) 35.249.53 dan Perjanjian Offshore Supply 123 BTS Expansion Project senilai Tranche A supplies AS$ 423. 52 of Imas Fatimah.017. The offering shares in accordance with the Initial Public Offering have been registered in the Jakarta Stock Exchange on February 3.000. the Company has obtained the following: a.S-123/PM/2006. b. 2006 concerning the changes of credit terms regarding the negative covenant in connection with distribution of bonuses.415.500. 2.H. Saham-saham yang ditawarkan dalam rangka Penawaran Umum tersebut telah dicatatkan di Bursa Efek Jakarta (“BEJ”) pada tanggal 3 Pebruari 2006. atas Penawaran Umum tersebut Perusahaan telah memperoleh: a. 52 tanggal 27 September 2004 oleh Imas Fatimah. Tranche B Supplies AS$ 2.069/2006 tanggal 12 Januari 2006 tentang perubahan syarat kredit atas negative covenant mengenai persyaratan untuk pembagian bonus.53. 2006 the Company and Nortel Networks Singapore Pte. On March 1. CBG. 2006.249. S.550.035.000. 3.53 and Offshore Supply Agreement 123 BTS Expansion Project amounting to Tranche A supplies of US$ 423. Pada tanggal 24 Januari 2006. Perusahaan dan Nortel Networks Singapore Pte Ltd telah menandatangani perjanjian pengadaan barang untuk kartu XCEM senilai AS$ 2. CDMA BTS.000 (lima miliar lima ratus juta) Saham Seri B Atas Nama dengan nilai nominal Rp 100 (seratus rupiah) dan 1. The Effective Statement Letter from the Chairman of BAPEPAM on January 23. signed an agreement of procurement for XCEM card amounting to US$ 2. Pada tanggal 1 Maret 2006. dividen dan/atau keuntungan lainnya sebagaimana tertuang dalam Perjanjian Kredit No. Initial Public Offering In accordance with the Initial Public Offering of 5.922. b.29% dari 18. Surat Pernyataan Efektif dari Ketua BAPEPAM pada tanggal 23 Januari 2006 sesuai dengan Surat No. Tranche B Supplies of US$ 2.TRE/RD9. dividend and/or other benefits as stated in Loan Agreement No. the Company and Huawei Tech Investment Co.000 (one billion. KPCOD/014/PK-KI/2004 dan Akta Notaris No. Ltd.87 56 .417.779.495 saham yang ditempatkan dan disetor penuh. SUBSEQUENT EVENTS 1. PERISTIWA PENTING SETELAH TANGGAL NERACA 1.841.89 dan Tranche C Supplies AS$ 2.495 issued and fully paid shares.069/2006 dated January 12. S-123/PM/2006. 2. dated September 27.486 3.000 (five billion five hundreds million) shares with nominal value of Rp 100 (one hundred Rupiah) and 1.TRE/RD9.779. 2. the Company and Nortel Networks Singapore Pte.000 (satu miliar seratus juta) Waran Seri I yang menyertai Saham Seri B Atas Nama.841.417.000.89 and Tranche C Supplies of US$ 2. CDMA BTS. 2006.500. 2006 through Letter No.922. 2006. MSC/BSC Bandung Expansion dan Carrier Expansion dengan nilai seluruh kontrak sebesar US 19. KPCOD/014/PK-KI/2004 and Notarial Deed No. A written approval from Bank Mandiri through Letter No. one hundred million) Warrant Series I with Registered Shares Series B which 29. Ltd.55. S. Pada tanggal 7 Pebruari 2006.216.217.000. yang merupakan 29. Perusahaan dan Nortel Networks Singapore Pte Ltd menandatangani Perjanjian Pengadaan barang dan jasa untuk tahap 1 atas STP Project dan 123 BTS Expansion Project dengan nilai kontrak sebesar AS$ 1.55.PT BAKRIE TELECOM Tbk CATATAN ATAS LAPORAN KEUANGAN 31 DESEMBER 2005 DAN 2004 (Angka dalam tabel disajikan dalam Rupiah.035.550.29% from 18.486. 2004. 2005 AND 2004 (Figures in table are expressed in Rupiah.53. On February 7.836. On January 24. 2.100. kecuali dinyatakan lain) PT BAKRIE TELECOM Tbk NOTES TO FINANCIAL STATEMENTS DECEMBER 31.87 35. Persetujuan tertulis dari Bank Mandiri sesuai dengan Surat No.017. Penawaran Umum Saham Perdana Sehubungan dengan Penawaran Umum Saham Perdana (Penawaran Umum) sebanyak 5. signed signed into a Supply and Service Agreement for phase 1 of the STP Project amoounting and 123 BTS Expansion project with a total amount to US$ 1. MSC/BSC Bandung Expansion and Carrier Expansion with a total amount of the contract amounting to US 19.H.

On February 20. 7. Reclassification in line with the nature of the transaction. Deskripsi/ Description Uang muka ke akun “Uang Muka Pembelian Aktiva Tetap”. kecuali dinyatakan lain) PT BAKRIE TELECOM Tbk NOTES TO FINANCIAL STATEMENTS DECEMBER 31.23. On February 7.000.000.000. PERISTIWA PENTING SETELAH TANGGAL NERACA (Lanjutan) 6. 2006. Perusahaan dan PT Multi Kontrol Nusantara telah menandatangani Perjanjian Pekerjaan Pengadaan Civil Work & ME dalam rangka Pembangunan Sarana Telekomunikasi senilai Rp. 7.000. the Company and PT Multi Kontrol Nusantara signed an agreemnet of Antenna IBS Equipment Working and Istalation at 38 location in accordance with the Telecommunication Facilities Development in JABODETABEK Area and West Java.- 35.514. 3.000. Pada tanggal 20 Pebruari 2006. REKLASIFIKASI AKUN Beberapa akun tertentu dalam laporan keuangan untuk tahun yang berakhir pada tanggal 31 Desember 2004 telah direklasifikasi agar sesuai dengan penyajian laporan keuangan untuk tahun yang berakhir pada tanggal 31 Desember 2005 adalah sebagai berikut: No. the Company and PT Nortel Networks Indonesia signed Local Supply Agresement 123 BTS Expansion Project amounting to US$ 594. Reclassification in line with the nature of the transaction.640 Reklasifikasi sesuai dengan sifat transaksi. Pada tanggal 7 Pebruari 2006. SUBSEQUENT EVENTS (Continued) 6. 2006.23.480. 36. Pajak dibayar dimuka ke akun “Taksiran Tagihan Pajak Penghasilan”.000.623 Alasan/ Reason Reklasifikasi sesuai dengan sifat transaksi. 2006. Pada tanggal 20 Pebruari 2006. 2005 and are presented as follows: Jumlah/ Amount 40.177.PT BAKRIE TELECOM Tbk CATATAN ATAS LAPORAN KEUANGAN 31 DESEMBER 2005 DAN 2004 (Angka dalam tabel disajikan dalam Rupiah. Services 1 Expense amounting to US$ 32. unless otherwise stated) 35.000.332. Perusahaan dan PT Nortel Networks Indonesia telah menandatangani Local Supply Agreement 123 BTS Expansion Project senilai AS$ 594. pengadaan perangkat Antenna IBS senilai AS$ 339. 2.000. the Company and PT Multi Kontrol Nusantara signed and agreement of Civil Work & ME procurement regarding to the Telecommunication Facilities Development amounting to Rp 2.309. 2004 have been reclassified to conform with the presentation of account in the financial statements for the year ended December 31. On February 20.332. Perusahaan dan PT Multi Kontrol Nusantara telah menandatangani Perjanjian Pekerjaan dan Pemasangan Perangkat Antenna IBS di 38 Lokasi dalam Rangka Pembangunan Sarana Telekomunikasi di Wilayah JABODETABEK dan Jawa Barat.500 and Services 2 Expense amoutning to Rp 760.480.177.509. 2. RECLASSIFICATION OF ACCOUNTS Certain accounts in the financial statements for the year ended December 31. Advance to account “Advances fo Fixed Asset”. Antenna IBS equipment procurement amounting to US$ 339. Biaya Jasa Services 1 senilai AS$ 32. 1. 2005 AND 2004 (Figures in table are expressed in Rupiah. 36.793.500 dan Biaya Jasa Services 2 senilai Rp 760. 57 . Prepaid taxes to account “Estimated Claim for Tax Refund”.

2006. unless otherwise stated) 36. Singapore. dan PT Suntec Business Solution Pte. Singapura. Hongkong..Pihak Ketiga”.053 Reklasifikasi sesuai dengan sifat transaksi. Hughes Network System Pte. Reclassification in line with the nature of the transaction.000. Multi Kontrol Nusantara ke akun “Hutang Usaha – Hubungan Istimewa” Long-term liabilities .. Nortel Networks Singapore Pte. 2005 AND 2004 (Figures in table are expressed in Rupiah. 58 . REKLASIFIKASI AKUN (Lanjutan) Deskripsi/ Description Hutang lain-lain kepada Huawei Tech.047. 6. Singapura. Ltd. kecuali dinyatakan lain) PT BAKRIE TELECOM Tbk NOTES TO FINANCIAL STATEMENTS DECEMBER 31. Ltd. RECLASSIFICATION OF ACCOUNTS (Continued) Jumlah/ Amount 30. Ltd.. Biaya jasa lainnya ke akun “Beban Penyisihan Piutang Ragu-Ragu”. T-System ITC Singapore Ltd. ke akun “Hutang Usaha .. 3.hubungan istimewa kepada PT.due to related party PT. Ltd. Investment Co. Kewajiban jangka panjang yang jatuh tempo dalam waktu satu tahun . Laporan keuangan Perusahaan telah disetujui oleh Dewan Direksi untuk diterbitkan pada tanggal 6 Maret 2006. Investment Co. Hongkong.current portion .. and PT Suntec Business Solution Pte. 4.related parties” 5. 3. 115.815.000 Belum mendapat persetujuan dari Departemen Hukum dan Hak Asasi Manusia Has not yet been approved by Department of Law and Human Rights of Republic Indonesia.. Ltd. Reclassification in line with the nature of the transaction. TSystem ITC Singapore Ltd. Ltd. Hughes Network System Pte..800 Reklasifikasi sesuai dengan sifat transaksi.PT BAKRIE TELECOM Tbk CATATAN ATAS LAPORAN KEUANGAN 31 DESEMBER 2005 DAN 2004 (Angka dalam tabel disajikan dalam Rupiah. Ltd. PERSETUJUAN LAPORAN KEUANGAN 37. 37.804.000. Other payables to Huawei Tech. to account “Trade payable – third parties”. Singapore. Reclassification in line with the nature of the transaction. Nortel Networks Singapore Pte. APPROVAL OF FINANCIAL STATEMENTS The financial statements of the Company have been approved for issue by the Boards of Directors on March 6. 154. Other service expenses to account “Bad debt expenses”.. No. Modal ditempatkan dan disetor penuh ke akun “Tambahan Modal Disetor” Issued and fully paid capital to account “Deposit for Future Stocks Subscription” 36. Ltd.261.640 Alasan/ Reason Reklasifikasi sesuai dengan sifat transaksi. Multi Kontrol Nusantara (MKN) to account “Trade payable .102.

2 Jakarta Selatan 12110. Indonesia T F E W 6221 720 2605 6221 720 2606 audit@moores-rowland. Indonesia T F E W 6221 720 2605 6221 720 2606 audit@moores-rowland. Patimura No. Patimura No.Kantor Akuntan Publik Jl.Jimmy Budhi & Rekan .com .com www. 2 Jakarta Selatan 12110.moores-rowland.com www.Registered Public Accountants Jl.com Jimmy Budhi & Rekan .moores-rowland.

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