SHORT-TERM BANK LOANS AND CURRENT MATURITIES OF LONG-TERM BORROWINGS (Tables)

12 Months Ended

Dec. 31, 2018

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

Schedule of short-term bank loans and current maturities of long-term borrowings


	2017	2018
Short-term bank loans	2,289	4,043
Current maturities of long-term borrowings	5,209	6,296
Total	7,498	10,339

Schedule of short-term bank loans


		2017		2018
		Outstanding		Outstanding
		Original		Original
		currency	Rupiah	currency	Rupiah
Lenders	Currency	(in millions)	equivalent	(in millions)	equivalent
Related parties
BNI	Rp	—	1,252	—	956
Bank Mandiri	Rp	—	45	—	—
Sub-total			1,297		956
Third parties
MUFG Bank, Ltd. ("MUFG Bank")	Rp	—	—	—	1,295
DBS	Rp	—	408	—	699
	US$	—	—	1	13
UOB	Rp	—	400	—	580
HSBC	Rp	—	18	—	317
	US$	—	—	0	4
SCB	Rp	—	—	—	100
Bank CIMB Niaga	Rp	—	83	—	78
PT Bank Sumitomo Mitsui Indonesia ("Sumitomo")	Rp	—	80	—	—
Others	Rp	—	3	—	1
Sub-total			992		3,087
Total			2,289		4,043

Schedule of short-term bank loans, other significant information

Total facility

Interest

Interest rate

Borrower

Currency

(in billions)*

Maturity date

payment period

per annum

Security

BNI

2014 - 2017

GSDe, Sigmaa

375

January 9, 2019 -
November 8, 2019

Monthly

9.00%

Trade receivables (Note 6) and property and equipment (Note 12)

2013 - 2018

Telkom Infratel, Infomediaf, MD Media, Sigmae

2,895

January 9, 2019 -
November 30, 2019

Monthly

1 month
JIBOR + 2.20% - 3.00%

Trade receivables (Note 6)

MUFG Bank

2018

Telkomsel, Infomedia, Metra, TII

2,350

March 27, 2019 -
September 27, 2019

Monthly,
Semi-annually

1 month JIBOR + 0.70% - 0.95%,
6 months JIBOR + 0.70%

None

DBS

2018

Telkom Infratel, Infomedia

600

February 26, 2019

Monthly

1 month JIBOR + 0.70%

None

2016

Nuteche

October 13, 2019

Monthly

10.50% - 11.00%

None

2016

Sigmab,c

US$

0.02

July 31, 2019

Semi-annually

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

Trade receivables (Note 6)

UOB

2016 - 2018

MD Media, Finnetd

800

April 6, 2019 -
December 20, 2020

Monthly

1 month JIBOR + 2.00%

Trade receivables (Note 6)

HSBC

2014

Sigmag

600

July 15, 2019

Monthly

14.34%

Trade receivables (Note 6)

2014

Sigmag

US$

0.004

July 15, 2019

Monthly

13.12%

Trade receivables (Note 6)

2018

PINS

300

June 28, 2019

Quarterly

3 months JIBOR + 1.00%

None

SCB

2015

GSDe

100

March 28, 2019

Monthly

10.50%

None

Bank CIMB Niaga

2013

GSDe

January 1, 2019

Monthly

10.90% - 11.50%

Trade receivables (Note 6) and property and equipment (Note 12)

* In original currency.

a Based on the latest amendment on December 21, 2017.

b Based on the latest amendment on December 5, 2018

c Facility in U.S. Dollar. Withdrawal can be executed in U.S. Dollar and Rupiah.

d Based on the latest amendment on June 5, 2018.

e Unsettled loan will be automatically extended.

f Based on the latest amendment on March 28, 2018 and July 6, 2018.

g Based on the latest amendment on July 16, 2018.

Schedule of current maturities of long-term borrowings


	Notes	2017	2018
Two-step loans	19a	206	198
Bonds and notes	19b	—	525
Bank loans	19c	4,110	4,472
Other borrowings	19d	99	294
Obligations under finance leases	12c.xii	794	807
Total		5,209	6,296