XML 204 R74.htm IDEA: XBRL DOCUMENT v3.20.1
PENSION AND OTHER POST-EMPLOYMENT BENEFITS (Tables)
12 Months Ended
Dec. 31, 2019
PENSION AND OTHER POST-EMPLOYMENT BENEFITS  
Schedule of pension and other post-employment benefit liabilities

 

 

 

 

 

 

 

 

    

Notes

    

2018

    

2019

Pension benefit and other post-employment benefit obligations

 

  

 

  

 

  

Pension benefit

 

  

 

  

 

  

The Company - funded

 

30a.i.a

 

 

 

 

Defined pension benefit obligation

 

30a.i.a.i

 

1,057

 

2,338

Additional pension benefit obligation

 

30a.i.a.ii

 

 6

 

 —

The Company - unfunded

 

30a.i.b

 

1,830

 

1,479

Telkomsel

 

30a.ii

 

1,541

 

2,209

Telkomsat

 

 

 

 0

 

 0

MD Media

 

  

 

 0

 

 0

Infomedia

 

  

 

 —

 

 0

Projected pension benefit obligations

 

  

 

4,434

 

6,026

Net periodic post-employment health care benefit

 

30b

 

195

 

996

Other post-employment benefit

 

30c

 

419

 

366

Obligation under the Labor Law

 

30d

 

507

 

690

Total

 

  

 

5,555

 

8,078

 

Schedule of net periodic pension benefit cost

 

 

 

 

 

 

 

 

 

 

    

Notes

    

2017

    

2018

    

2019

Pension benefit cost

 

  

 

  

 

  

 

  

The Company - funded

 

30a.i.a

 

 

 

 

 

 

Defined pension benefit obligation

 

30a.i.a.i

 

557

 

511

 

362

Additional pension benefit obligation

 

30a.i.a.ii

 

657

 

69

 

 1

The Company - unfunded

 

30a.i.b

 

239

 

198

 

163

Telkomsel

 

30a.ii

 

247

 

342

 

314

MD Media

 

  

 

 0

 

 0

 

 0

Infomedia

 

  

 

 0

 

 0

 

 0

Telkomsat

 

  

 

 0

 

 0

 

 0

Total periodic pension benefit cost

 

26

 

1,700

 

1,120

 

840

Net periodic post-employment health care benefit cost

 

26,30b

 

276

 

335

 

167

Other post-employment benefit cost

 

26,30c

 

42

 

32

 

33

Obligation under the Labor Law

 

26,30d

 

62

 

113

 

136

Total

 

  

 

2,080

 

1,600

 

1,176

 

Summary of amounts recognized in other comprehensive income (loss)

 

 

 

 

 

 

 

 

 

 

    

Notes

    

2017

    

2018

    

2019

Defined benefit plan actuarial gain (losses)

 

 

 

 

 

 

 

 

The Company - funded

 

30a.i.a

 

 

 

 

 

 

Defined pension benefit obligation

 

30a.i.a.i

 

(1,154)

 

1,236

 

(1,116)

Additional pension benefit obligation

 

30a.i.a.ii

 

(419)

 

934

 

 7

The Company - unfunded

 

30a.i.b

 

(100)

 

137

 

(94)

Telkomsel

 

30a.ii

 

(530)

 

514

 

(561)

MD Media

 

  

 

(2)

 

 0

 

 0

Infomedia

 

  

 

(1)

 

 0

 

 0

Telkomsat

 

  

 

 0

 

 0

 

 0

Post-employment health care benefit cost

 

30b

 

(551)

 

2,559

 

(634)

Other post-employment benefit

 

30c

 

(40)

 

24

 

(15)

Obligation under the Labor Law

 

30d

 

(72)

 

14

 

(107)

Sub-total

 

  

 

(2,869)

 

5,418

 

(2,520)

Deferred tax effect at the applicable tax rates

 

29i

 

494

 

(598)

 

411

Defined benefit plan actuarial (losses) gain - net of tax

 

  

 

(2,375)

 

4,820

 

(2,109)

 

Schedule of the timing of benefits payments and weighted average duration of DBO

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Expected Benefits Payment

 

 

The Company

 

 

 

 

 

 

 

 

Funded

 

 

 

 

 

Post-employment

 

Other post-

 

 

Defined pension

 

Additional pension

 

 

 

 

 

health care

 

employment

Time Period

    

benefit obligation

    

benefit obligation

    

Unfunded

    

Telkomsel

    

benefits

    

benefits

December 31, 2018

 

 

 

 

 

 

 

 

 

 

 

 

Within next 10 years

    

16,370

    

 —

    

948

    

2,498

    

5,620

    

485

Within 10-20 years

 

20,349

 

 —

 

160

 

7,880

 

6,913

 

91

Within 20-30 years

 

16,207

 

20

 

29

 

6,680

 

6,217

 

39

Within 30-40 years

 

9,400

 

38

 

 9

 

1,580

 

3,193

 

 3

Within 40-50 years

 

3,383

 

30

 

 —

 

 —

 

661

 

 —

Within 50-60 years

 

644

 

50

 

 —

 

 —

 

22

 

 —

Within 60-70 years

 

62

 

101

 

 —

 

 —

 

0

 

 —

Within 70-80 years

 

 2

 

 —

 

 —

 

 —

 

 —

 

 —

Weighted average duration of DBO

 

9.11 years

 

9.11 years

 

3.97 years

 

10.58 years

 

17.41 years

 

3.13 years

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2019

 

 

 

 

 

 

 

 

 

 

 

 

Within next 10 years

    

18,392

    

 —

    

1,587

    

3,486

    

6,064

    

418

Within 10-20 years

 

21,855

 

 —

 

125

 

9,420

 

8,001

 

68

Within 20-30 years

 

20,154

 

 —

 

52

 

7,150

 

7,501

 

38

Within 30-40 years

 

15,351

 

 —

 

18

 

1,267

 

4,123

 

 3

Within 40-50 years

 

4,265

 

 —

 

 —

 

 —

 

958

 

 —

Within 50-60 years

 

468

 

 —

 

 —

 

 —

 

42

 

 —

Within 60-70 years

 

32

 

 —

 

 —

 

 —

 

 —

 

 —

Within 70-80 years

 

 —

 

 —

 

 —

 

 —

 

 —

 

 —

Weighted average duration of DBO

 

10.16 years

 

10.16 years

 

4.69 years

 

10.44 years

 

13.34 years

 

3.65 years

 

Schedule of change in discount rate and rate of compensation would have effect on DBO

 

 

 

 

 

 

 

 

 

 

 

Discount Rate

 

Rate of Compensation

 

 

1% Increase

 

1% Decrease

 

1% Increase

 

1% Decrease

 

    

Increase (decrease) in amounts

    

Increase (decrease) in amounts

Sensitivity

 

 

 

 

 

 

 

 

December 31, 2018

 

 

 

 

 

 

 

 

Funded:

    

 

 

 

 

 

 

 

Defined pension benefit obligation

    

(1,568)

  

1,832

  

275

  

(286)

Additional pension benefit obligation

    

(2)

  

(1)

  

 —

  

 —

Unfunded

 

(41)

  

38

  

42

  

(45)

Telkomsel

 

(497)

  

562

  

294

  

(276)

Post-employment health care benefits

 

(1,428)

  

1,815

  

1,783

  

(1,508)

Other post-employment benefits

 

(12)

 

13

 

 —

 

 —

 

 

 

 

 

 

 

 

 

December 31, 2019

 

 

 

 

 

 

 

 

Funded:

    

 

 

 

 

 

 

 

Defined pension benefit obligation

    

(1,952)

  

2,416

  

257

  

(275)

Additional pension benefit obligation

    

 —

  

 —

  

 —

  

 —

Unfunded

 

(40)

  

33

  

34

  

(43)

Telkomsel

 

(686)

  

777

  

390

  

(366)

Post-employment health care benefits

 

(1,551)

  

1,888

  

2,030

  

(1,689)

Other post-employment benefits

 

(12)

 

13

 

 —

 

 —

 

Pension benefit cost | Telkomsel  
PENSION AND OTHER POST-EMPLOYMENT BENEFITS  
Summary of amounts recognized in other comprehensive income (loss)

 

 

 

 

 

 

 

 

    

2017

 

2018

    

2019

Actuarial (gain) losses recognized during the year due to:

 

  

 

  

 

  

Experience adjustments

 

(77)

 

192

 

115

Changes in financial assumptions

 

661

 

(774)

 

499

Return on plan assets (excluding amount included in net interest expense)

 

(54)

 

68

 

(53)

Net

 

530

 

(514)

 

561

 

Schedule of changes in projected pension benefit obligations

 

 

 

 

 

 

    

2018

    

2019

Changes in projected pension benefit obligation

 

  

 

  

Projected pension benefit obligation at beginning of year

 

2,928

 

2,734

Charged to profit or loss:

 

  

 

  

Service costs

 

213

 

187

Net Interest costs

 

203

 

224

Actuarial (gain) losses recognized in OCI

 

(583)

 

614

Benefit paid

 

(27)

 

(21)

Projected pension benefit obligation at end of year

 

2,734

 

3,738

Changes in pension benefit plan assets

 

  

 

  

Fair value of plan assets at beginning of year

 

1,089

 

1,193

Interest income

 

74

 

97

Return on plan assets (excluding amount included in net interest expense)

 

(68)

 

53

Employer’s contributions

 

125

 

207

Benefit paid

 

(27)

 

(21)

Fair value of pension plan assets at end of year

 

1,193

 

1,529

Pension benefit obligation at end of year

 

1,541

 

2,209

 

Summary of movements of prepaid pension benefit cost

 

 

 

 

 

 

    

2018

    

2019

Pension benefit obligation at beginning of year

 

1,839

 

1,541

Periodic pension benefit cost

 

342

 

314

Actuarial (gain) losses recognized in OCI

 

(583)

 

614

Return on plan assets (excluding amount included in net interest expense)

 

68

 

(53)

Employer’s contributions

 

(125)

 

(207)

Pension benefit obligation at end of year

 

1,541

 

2,209

 

Schedule of components of net periodic pension benefit cost

 

 

 

 

 

 

 

 

    

2017

    

2018

    

2019

Service costs

 

149

 

213

 

187

Net interest costs

 

98

 

129

 

127

Total

 

247

 

342

 

314

 

Schedule of actuarial assumptions

 

 

 

 

 

 

 

 

 

    

2017

    

2018

    

2019

 

Discount rate

 

7.00

%  

8.25

%  

7.50

%

Rate of compensation increases

 

8.00

%  

8.00

%  

8.00

%

Indonesian mortality table

 

2011

 

2011

 

2011

 

 

Pension benefit cost | The company | Defined pension benefit obligation  
PENSION AND OTHER POST-EMPLOYMENT BENEFITS  
Summary of amounts recognized in other comprehensive income (loss)

 

 

 

 

 

 

 

 

    

2017

    

2018

    

2019

Actuarial (gain) losses recognized during the year due to:

 

  

 

  

 

  

Experience adjustments

 

163

 

329

 

(677)

Changes in financial assumptions

 

2,699

 

(3,020)

 

1,952

Changes in demographic assumptions

 

 —

 

 —

 

239

Return on plan assets (excluding amount included in net interest expense)

 

(1,708)

 

1,455

 

(398)

Net

 

1,154

 

(1,236)

 

1,116

 

Schedule of changes in projected pension benefit obligations

 

 

 

 

 

 

    

2018

    

2019

Changes in projected pension benefit obligations

 

  

 

  

Projected pension benefit obligations at beginning of year

 

22,354

 

20,121

Charged to profit or loss:

 

  

 

  

Service costs

 

384

 

259

Interest costs

 

1,459

 

1,599

Pension plan participants’ contributions

 

38

 

33

Actuarial (gain) losses recognized in OCI

 

(2,691)

 

1,514

Pension benefits paid

 

(1,423)

 

(1,465)

Projected pension benefit obligations at end of year

 

20,121

 

22,061

 

 

 

 

 

 

    

2018

    

2019

Changes in pension benefit plan assets

 

  

 

  

Fair value of pension plan assets at beginning of year

 

20,814

 

19,064

Interest income

 

1,357

 

1,524

Return on plan assets (excluding amount included in net interest expense)

 

(1,455)

 

398

Employer's contributions

 

 —

 

233

Pension plan participants’ contributions

 

38

 

32

Pension benefits paid

 

(1,423)

 

(1,465)

Provision of additional benefit

 

(205)

 

 —

Plan administration cost

 

(62)

 

(63)

Fair value of pension plan assets at end of year

 

19,064

 

19,723

Projected pension benefit obligations at end of year

 

1,057

 

2,338

 

Summary of fair value of plan assets

 

 

 

 

 

 

 

 

 

 

 

2018

 

2019

 

    

Quoted in

    

 

    

Quoted in

    

 

 

 

active market

 

Unquoted

 

active market

 

Unquoted

Cash and cash equivalents

 

873

 

 —

 

521

 

 —

Equity instruments:

 

  

 

  

 

  

 

  

Finance

 

1,456

 

 —

 

1,735

 

 —

Consumer goods

 

1,336

 

 —

 

1,085

 

 —

Infrastructure, utilities and transportation

 

530

 

 —

 

540

 

 —

Construction, property and real estate

 

199

 

 —

 

210

 

 —

Basic industry and chemical

 

124

 

 —

 

135

 

 —

Trading, service and investment

 

420

 

 —

 

395

 

 —

Mining

 

112

 

 —

 

159

 

 —

Agriculture

 

55

 

 —

 

70

 

 —

Miscellaneous industries

 

362

 

 —

 

292

 

 —

Equity-based mutual fund

 

1,336

 

 —

 

1,027

 

 —

Fixed income instruments:

 

  

 

  

 

  

 

  

Corporate bonds

 

 —

 

5,267

 

 —

 

6,077

Government bonds

 

6,166

 

 —

 

6,493

 

 —

Mutual funds

 

54

 

 —

 

85

 

 —

Non-public equity:

 

  

 

  

 

  

 

  

Direct placement

 

 —

 

288

 

 —

 

374

Property

 

 —

 

178

 

 —

 

186

Others

 

 —

 

308

 

 —

 

339

Total

 

13,023

 

6,041

 

12,747

 

6,976

 

Summary of movements of prepaid pension benefit cost

 

 

 

 

 

 

    

2018

    

2019

Projected pension benefit obligations (prepaid pension benefit cost) at beginning of year

 

1,540

 

1,057

Net periodic pension benefit cost

 

548

 

398

Provision of additional pension benefit

 

205

 

 —

Employer Contribution

 

 —

 

(233)

Actuarial (gain) losses recognized in OCI

 

(2,691)

 

1,514

Return on plan assets (excluding amount included in net interest expense)

 

1,455

 

(398)

Projected pension benefit obligations at end of year

 

1,057

 

2,338

 

Schedule of components of net periodic pension benefit cost

 

 

 

 

 

 

 

 

    

2017

    

2018

    

2019

Service costs

 

366

 

384

 

259

Past service cost - plan amendments

 

94

 

 —

 

 —

Plan administration cost

 

57

 

62

 

63

Net interest cost

 

66

 

102

 

76

Net periodic pension benefit cost

 

583

 

548

 

398

Amount charged to subsidiaries under contractual agreements

 

(26)

 

(37)

 

(36)

Net periodic pension benefit cost less cost charged to subsidiaries

 

557

 

511

 

362

 

Schedule of actuarial assumptions

 

 

 

 

 

 

 

 

 

    

2017

    

2018

    

2019

 

Discount rate

 

6.75

%  

8.25

%  

7.25

%

Rate of compensation increases

 

8.00

%  

8.00

%  

8.00

%

Indonesian mortality table

 

2011

 

2011

 

2011

 

 

Pension benefit cost | The company | Additional pension benefit obligation  
PENSION AND OTHER POST-EMPLOYMENT BENEFITS  
Summary of amounts recognized in other comprehensive income (loss)

 

 

 

 

 

 

 

 

    

2017

    

2018

 

2019

Actuarial gain recognized during the year due to:

 

  

 

  

 

 

Experience adjustment

 

 —

 

(773)

 

(17)

Changes in financial assumption

 

419

 

(175)

 

 —

Return on plan assets (excluding amount included in net interest expense)

 

 —

 

14

 

 5

Changes in asset ceiling excluding amount in net interest

 

 —

 

 —

 

 5

Total

 

419

 

(934)

 

(7)

 

Schedule of changes in projected pension benefit obligations

 

 

 

 

 

 

    

2018

    

2019

Changes in projected pension benefit obligations

 

 

 

 

Projected pension benefit obligations at beginning of year

 

1,076

 

104

Charged to profit or loss:

 

 

 

 

Interest costs

 

69

 

 9

Actuarial gain recognized in OCI

 

(948)

 

(17)

Pension benefits paid

 

(93)

 

(96)

Projected pension benefit obligations at end of year

 

104

 

 —

Changes in pension benefit plan assets

 

 

 

 

Fair value of pension plan assets at beginning of year

 

 —

 

98

Interest income from assets

 

 —

 

 8

Provision of additional benefit

 

205

 

 —

Return of benefit plan assets

 

(14)

 

(5)

Pension benefits paid

 

(93)

 

(96)

Fair value of pension plan assets at end of year

 

98

 

 5

(Surplus) deficit in the program

 

 6

 

(5)

Changes in asset ceiling excluding amount in net interest

 

 —

 

 5

Projected pension benefit obligations at end of year

 

 6

 

 —

 

Program assets for Additional Benefits have been set aside since 2018 according to the Oversight Board’s approval. As of December 31, 2019, the program assets had been fully paid to the pension beneficiaries.

Changes in additional pension benefit obligation for the years ended December 31, 2018 and 2019 are as follows:

 

 

 

 

 

 

    

2018

    

2019

Additional pension benefit obligation at beginning of year

 

1,076

 

 6

Net periodic pension benefit cost

 

69

 

 1

Provision of additional benefit

 

(205)

 

 —

Actuarial gain recognized in OCI

 

(948)

 

(12)

Return on plan asset

 

14

 

 5

Projected additional pension benefit obligation at end of year

 

 6

 

 —

 

Schedule of components of net periodic pension benefit cost

 

 

 

 

 

 

 

 

    

2017

    

2018

 

2019

Past service costs

 

657

 

 —

 

 —

Net interest costs

 

 —

 

69

 

 1

Pension benefit costs

 

657

 

69

 

 1

 

Schedule of actuarial assumptions

 

 

 

 

 

 

 

 

 

    

2017

    

2018

    

2019

 

Rate of return on investment

 

9.50% - 10.25

%

9.30% - 10.00

%

9.00% - 9.50

%

Discount rate

 

6.75

%

8.25

%

7.25

%

Actuarial discount rate of pension fund

 

9.25% - 9.50

%

9.25% - 9.50

%

9.25% - 9.50

%

Rate of compensation increases

 

8.00

%

8.00

%

8.00

%

Indonesian mortality table

 

2011

 

2011

 

2011

 

 

Pension benefit cost | The company | Unfunded Pension  
PENSION AND OTHER POST-EMPLOYMENT BENEFITS  
Summary of amounts recognized in other comprehensive income (loss)

 

 

 

 

 

 

 

 

    

2017

    

2018

    

2019

Actuarial (gain) losses recognized during the year due to:

 

  

 

  

 

  

Experience adjustments

 

19

 

27

 

12

Changes in demographic assumptions

 

 —

 

(21)

 

37

Changes in financial assumptions

 

81

 

(143)

 

45

Net

 

100

 

(137)

 

94

 

Schedule of changes in projected pension benefit obligations

 

 

 

 

 

 

    

2018

    

2019

Unfunded projected pension benefit obligations at beginning of year

 

2,384

 

1,830

Charged to profit or loss:

 

  

 

  

Service costs

 

54

 

29

Net interest costs

 

144

 

134

Actuarial (gain) losses recognized in OCI

 

(137)

 

94

Benefits paid by employer

 

(615)

 

(608)

Unfunded projected pension benefit obligations at end of year

 

1,830

 

1,479

 

Schedule of components of net periodic pension benefit cost

 

 

 

 

 

 

 

 

    

2017

    

2018

    

2019

Service costs

 

51

 

54

 

29

Net interest costs

 

188

 

144

 

134

Total periodic pension benefit cost

 

239

 

198

 

163

 

Schedule of actuarial assumptions

 

 

 

 

 

 

 

 

 

    

2017

    

2018

    

2019

 

Discount rate

 

6.00% - 6.75

%  

8.00% - 8.25

%  

6.50% - 7.25%

 

Rate of compensation increases

 

6.10% - 8.00

%  

6.10% - 8.00

%   

6.10% - 8.00%

 

Indonesian mortality table

 

2011

 

2011

 

2011

 

 

Post-employment health care benefit cost  
PENSION AND OTHER POST-EMPLOYMENT BENEFITS  
Summary of amounts recognized in other comprehensive income (loss)

 

 

 

 

 

 

 

 

    

2017

    

2018

    

2019

Actuarial (gain) losses recognized during the year due to:

 

  

 

  

 

  

Experience adjustments

 

(1,198)

 

(1,100)

 

810

Changes in financial assumptions

 

2,658

 

(2,541)

 

1,190

Changes in demographic assumptions

 

 —

 

 —

 

(1,095)

Return on plan assets (excluding amount included in net interest expense)

 

(909)

 

1,082

 

(271)

Net

 

551

 

(2,559)

 

634

 

Schedule of changes in projected pension benefit obligations

 

 

 

 

 

 

    

2018

    

2019

Changes in projected post-employment health care benefit obligation

 

  

 

  

Projected post-employment health care benefit obligation at beginning of year

 

15,448

 

12,423

Charged to profit or loss:

 

  

 

  

Interest costs

 

1,102

 

1,062

Actuarial (gain) losses recognized in OCI

 

(3,641)

 

905

Post-employment health care benefits paid

 

(486)

 

(567)

Projected post-employment health care benefit obligation at end of year

 

12,423

 

13,823

Changes in post-employment health care benefit plan assets

 

  

 

  

Fair value of plan assets at beginning of year

 

13,029

 

12,228

Interest income

 

927

 

1,045

Return on plan assets (excluding amount included in net interest expense)

 

(1,082)

 

271

Post-employment health care benefits paid

 

(486)

 

(567)

Plan administration costs

 

(160)

 

(150)

Fair value of pension plan assets at end of year

 

12,228

 

12,827

Projected for post-employment health care benefit obligation - net

 

195

 

996

 

Summary of fair value of plan assets

 

 

 

 

 

 

 

 

 

 

 

2018

 

2019

 

 

Quoted in

 

 

 

Quoted in

 

 

 

    

active market

    

Unquoted

    

active market

    

Unquoted

Cash and cash equivalents

 

1,115

 

 —

 

563

 

 —

Equity instruments:

 

  

 

  

 

  

 

  

Finance industries

 

799

 

 —

 

954

 

 —

Manufacturing and consumer

 

799

 

 —

 

706

 

 —

Infrastructure and telecommunication

 

332

 

 —

 

317

 

 —

Construction

 

190

 

 —

 

181

 

 —

Wholesale

 

177

 

 —

 

159

 

 —

Mining

 

77

 

 —

 

117

 

 —

Other Industries:

 

  

 

  

 

 

 

  

Biotechnology and pharma industry

 

85

 

 —

 

96

 

 —

Services

 

60

 

 —

 

75

 

 —

Agriculture

 

32

 

 —

 

49

 

 —

Others

 

 3

 

 —

 

 3

 

 —

Equity-based mutual funds

 

1,204

 

 —

 

1,202

 

 —

Fixed income instruments:

 

  

 

  

 

  

 

  

Fixed income mutual funds

 

7,020

 

 —

 

8,071

 

 —

Unlisted shares:

 

  

 

  

 

 —

 

 —

Private placement

 

 —

 

335

 

 —

 

334

Total

 

11,893

 

335

 

12,493

 

334

 

Summary of movements of prepaid pension benefit cost

 

 

 

 

 

 

    

2018

    

2019

Projected post-employment health care benefit obligation at beginning of year

 

2,419

 

195

Net periodic post-employment health care benefit costs

 

335

 

167

Actuarial (gain) losses recognized in OCI

 

(3,641)

 

905

Return on plan assets (excluding amount included in net interest expense)

 

1,082

 

(271)

Projected post-employment health care benefit obligation at end of year

 

195

 

996

 

Schedule of components of net periodic pension benefit cost

 

 

 

 

 

 

 

 

    

2017

    

2018

    

2019

Plan administration costs

 

140

 

160

 

150

Net interest costs

 

136

 

175

 

17

Net periodic post-employment health care benefit cost

 

276

 

335

 

167

 

Schedule of actuarial assumptions

 

 

 

 

 

 

 

 

 

    

2017

    

2018

    

2019

 

Discount rate

 

7.25

%  

8.75

%  

8.00

%

Health care costs trend rate assumed for next year

 

7.00

%  

7.00

%  

7.00

%

Ultimate health care costs trend rate

 

7.00

%  

7.00

%  

7.00

%

Year that the rate reaches the ultimate trend rate

 

2018

 

2018

 

2019

 

Indonesian mortality table

 

2011

 

2011

 

2011

 

 

Other post-employment benefit cost  
PENSION AND OTHER POST-EMPLOYMENT BENEFITS  
Summary of amounts recognized in other comprehensive income (loss)

 

 

 

 

 

 

 

 

    

2017

    

2018

    

2019

Actuarial (gain) losses recognized during the year due to:

 

  

 

  

 

  

Experience adjustments

 

10

 

40

 

(25)

Changes in demographic assumptions

 

 —

 

(34)

 

20

Changes in financial assumptions

 

30

 

(30)

 

20

Total

 

40

 

(24)

 

15

 

Summary of movements of prepaid pension benefit cost

 

 

 

 

 

 

    

2018

    

2019

Projected other post-employment benefit obligations at beginning of year

 

510

 

419

Charged to profit or loss:

 

  

 

  

Service costs

 

 6

 

 4

Net interest costs

 

26

 

29

Actuarial (gain) losses recognized in OCI

 

(24)

 

15

Benefits paid by employer

 

(99)

 

(101)

Projected other post-employment benefits obligations at  the end of year

 

419

 

366

 

Schedule of components of net periodic pension benefit cost

 

 

 

 

 

 

 

 

    

2017

    

2018

    

2019

Current Service costs

 

 6

 

 6

 

 4

Net interest costs

 

36

 

26

 

29

Total

 

42

 

32

 

33

 

Schedule of actuarial assumptions

 

 

 

 

 

 

 

 

 

    

2017

    

2018

    

2019

 

Discount rate

 

5.75

%  

8.00

%  

6.25

%

Indonesian mortality table

 

2011

 

2011

 

2011