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

12 Months Ended

Dec. 31, 2019

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

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


	2018	2019
Short-term bank loans	4,043	8,705
Current maturities of long-term borrowings	6,296	13,409
Total	10,339	22,114

Schedule of short-term bank loans


		2018		2019
		Outstanding		Outstanding
		Foreign		Foreign
		currency	Rupiah	currency	Rupiah
Lenders	Currency	(in millions)	equivalent	(in millions)	equivalent
Related parties
Bank Mandiri	Rp	—	—	—	2,400
BNI	Rp	—	956	—	1,238
PT Bank BNI Syariah ("BNI Syariah")	Rp	—	—	—	17
Sub-total			956		3,655
Third parties
HSBC	Rp	—	317	—	1,754
	US$	0	4	0	4
MUFG Bank, Ltd. ("MUFG Bank")	Rp	—	1,295	—	1,705
PT Bank DBS Indonesia ("DBS")	Rp	—	699	—	722
	US$	1	13	1	13
PT Bank UOB Indonesia ("UOB")	Rp	—	580	—	500
SCB	Rp	—	100	—	150
PT Bank Central Asia Tbk. ("BCA")	Rp	—	—	—	124
Bank CIMB Niaga	Rp	—	78	—	78
Others	Rp	—	1	—	—
Sub-total			3,087		5,050
Total			4,043		8,705

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**

Mandiri

2019

The Company

2,400

November 21, 2020

Quarterly

3 months
JIBOR + 0.6%

None

BNI

2014 - 2017

Sigmaa, GSD

525

January 9, 2020 -
November 8, 2020

Monthly

8.41% - 9.00%

Trade receivables and property and equipment

2013 - 2019

Telkom Infratel, Infomediab, Sigmah, MD Media, Metranet

3,160

January 9, 2020 -
December 19, 2020

Monthly

1 month
JIBOR + 2.20%
- 2.50%

Trade receivables

HSBC

2018

Sigmac,h

600

July 31, 2020

Monthly

6.74%

Trade receivables

2018

Sigmac,h

US$

0.004

July 31, 2020

Monthly

4.12%

Trade receivables

2018 - 2019

Sigma, Melon, Metra, MD Media, PINS

1,484

April 8, 2020 -
August 30, 2020

Monthly, Quarterly

1 month
JIBOR + 0.60% - 0.70%
3 months
JIBOR + 1.00%

Trade receivables

MUFG Bank

2018 - 2019

The Company, Infomedia, Metra, GSD, PINS, Telkom Infratel

2,360

January 23, 2020 -
October 29, 2020

Monthly,
Quaterly

1 month JIBOR + 0.70% - 0.95%
3 months JIBOR + 1.00%

None

DBS

2018

Telkom Infratel, Infomedia

600

February 26, 2020

Monthly

1 month JIBOR + 0.70%

None

2016

Nutech

October 18, 2020

Monthly

10.50%

None

2016

Sigmad,e

US$

0.02

July 31, 2020

Semi-annualy

3.25% (US$) 10.75% (Rp)

Trade receivables

UOB

2016

Finnetf

500

December 20, 2020

Monthly

1 month JIBOR + 2.00%

None

SCB

2015

GSDg

150

April 16, 2020

Monthly

Cost of fund + 2.50%

None

BCA

2019

Telkom Infratel

600

April 30, 2020 -
May 22, 2020

Monthly

1 month JIBOR + 1.75%

Trade receivables

Bank CIMB Niaga

2013

GSDh

January 1, 2020

Monthly

10.90% - 11.50%

Trade receivables and property and equipment

* In original currency

** Refer to Note 6 and Note 12 for details of trade receivables and property and equipment pledged as collateral.

a Based on the latest amendment on April 23, 2019.

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

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

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

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

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

g Based on the latest amendment on January 18, 2019.

h Unsettled loan will be automatically extended.

Schedule of current maturities of long-term borrowings


	Notes	2018	2019
Two-step loans	20a	198	194
Bonds and notes	20b	525	2,491
Bank loans	20c	4,472	5,434
Other borrowings	20d	294	627
Obligations under finance leases	13	807	—
Lease liabilities	13	—	4,663
Total		6,296	13,409