16. SHORT-TERM BANK LOANS AND CURRENT MATURITIES OF LONG-TERM BORROWINGS

This account consists of the following:


	2016	2017
Short-term bank loans	911	2,289
Current maturities of long-term borrowings	4,521	5,209
Total	5,432	7,498

Short-term bank loans


		2016		2017
		Outstanding		Outstanding
		Original		Original
		currency	Rupiah	currency	Rupiah
Lenders	Currency	(in millions)	equivalent	(in millions)	equivalent
Related parties
BNI	Rp	—	143	—	1,252
Bank Mandiri	Rp	—	—	—	45
Sub-total			143		1,297
Third parties
PT Bank DBS Indonesia	Rp	—	95	—	408
UOB	Rp	—	269	—	400
Bank CIMB Niaga	Rp	—	143	—	83
PT Bank Sumitomo Mitsui Indonesia ("Sumitomo")	Rp	—	—	—	80
SCB	Rp	—	90	—	—
Others	Rp	—	171	—	21
Sub-total			768		992
Total			911		2,289

Refer to Note 31 for details of related party transactions.

Other significant information relating to short-term bank loans as of December 31, 2017 is as follows:

Total facility

Interest

Interest rate

Borrower

Currency

(in billions)

Maturity date

payment period

per annum

Security

BNI

November 28, 2012h,c

Metra

150

November 28, 2018

Monthly

1 month JIBOR+2.95%

None

March 13, 2013g

Sigma

2,100

January 9, 2018

Monthly

1 month JIBOR+3.00%

Trade receivables (Note 6) and property and equipment (Note 10)

January 10, 2014f

Sigma

125

January 9, 2018

Monthly

1 month JIBOR+3.00%

Trade receivables (Note 6) and property and equipment (Note 10)

May 15, 2017

Infomedia

250

May 14, 2018

Monthly

1 month JIBOR+3.00%

Trade receivables (Note 6)

June 7, 2017

ISH

150

June 6, 2018

Monthly

1 month JIBOR+3.00%

Trade receivables (Note 6)

June 19, 2017

Telkom Infratel

161

August 31, 2018

Monthly

1 month JIBOR+3.15%

Trade receivables (Note 6)

September 28, 2017

Telkom Infratel

June 30, 2018

Monthly

1 month JIBOR+3.15%

Trade receivables (Note 6)

November 8, 2017

GSD

November 8, 2018

Monthly

9.00%

Trade receivables (Note 6)

December 19, 2017

Telkom Infratel

December 31, 2018

Monthly

1 month JIBOR+3.15%

Trade receivables (Note 6)

Bank Mandiri

October 11, 2017

GSD

September 11, 2018

Monthly

9.00%

Trade receivables (Note 6)

UOB

December 20, 2016d

Finnet

400

December 19, 2018

Monthly

1 month JIBOR+2.25%

None

PT Bank DBS Indonesia

April 12, 2016e,b

Sigma

US$

0.02

July 31, 2018

Semi-annually

3.25% (US$) / 10.75% (Rp)

Trade receivables (Note 6)

March 27, 2017

Metra

250

July 31, 2018

Monthly

1 month JIBOR+2.15%

None

Bank CIMB Niaga

April 28, 2013a,c

GSD

January 1, 2018

Monthly

10.90%-11.50%

Trade receivables (Note 6) and property and equipment (Note 10)

Sumitomo

December 21, 2017

Metra

300

January 27, 2018

Monthly

1 month JIBOR+1.50%

None

The credit facilities were obtained by the Company’s subsidiaries for working capital purposes.

a Based on the latest amendment dated November 11, 2014.

b Facility in U.S. dollar. Withdrawal can be executed in U.S. dollar and Indonesian rupiah.

c Unsettled loan will be automatically extended up to 12 months.

d Based on the latest amendment dated June 2, 2017.

e Based on the latest amendment dated October 25, 2017.

f Based on the latest amendment dated November 29, 2017.

g Based on the latest amendment dated December 21, 2017.

h Based on the latest amendment dated March 21, 2017.

Current maturities of long-term borrowings


	Notes	2016	2017
Two-step loans	17a	225	206
Bonds and notes	17b	1	—
Bank loans	17c	3,637	4,110
Other borrowings	17d	—	99
Obligations under finance leases	10c.xii	658	794
Total		4,521	5,209

Refer to Note 31 for details of related party transactions.