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

12 Months Ended

Dec. 31, 2020

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

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


	2019	2020
Short-term bank loans	8,705	9,934
Current maturities of long-term borrowings	8,746	9,350
Total	17,451	19,284

Schedule of short-term bank loans


		2019		2020
		Outstanding		Outstanding
		Foreign		Foreign
		currency	Rupiah	currency	Rupiah
Lenders	Currency	(in millions)	equivalent	(in millions)	equivalent
Related parties
Bank Mandiri	Rp	—	2,400	—	2,900
BNI	Rp	—	1,238	—	897
PT Bank BNI Syariah ("BNI Syariah")	Rp	—	17	—	—
Sub-total			3,655		3,797
Third parties
MUFG Bank, Ltd. ("MUFG Bank")	Rp	—	1,705	—	2,611
HSBC	Rp	—	1,754	—	2,304
	US$	0	4	0	4
Bank DBS	Rp	—	722	—	573
	US$	1	13	1	13
PT Bank UOB Indonesia ("UOB Indonesia")	Rp	—	500	—	200
BTPN	Rp	—	—	—	110
SCB	Rp	—	150	—	100
Bank CIMB Niaga	Rp	—	78	—	78
Others (each below Rp75 billion)	Rp	—	124	—	73
	US$	—	—	5	71
Sub-total			5,050		6,137
Total			8,705		9,934

Schedule of short-term bank loans, other significant information

Total facility

Interest rate per

Borrower

Currency

(in billions)

Maturity date

Interest rate

annum

Security**

Mandiri

2019 - 2020

The Company, Finnet

2,900

April 28, 2021 -
November 21, 2021

Monthly, Quarterly

1 month
JIBOR + 1.50%
3 month
JIBOR + 0.60%

None

BNI

2014 - 2017

GSD, Sigmaa, TLT

615

January 9, 2021 -
November 7, 2021

Monthly

7.90% - 9.00%

Trade receivables and property and equipment

2014 - 2020

Telkom Infratel, Infomediab, Sigmah, Metranet

1,455

January 9, 2021 -
December 19, 2021

Monthly

1 month
JIBOR + 2.20%
- 2.50%

Trade receivables and property and equipment

MUFG Bank

2018 - 2020

The Company, Infomedia, Metra, GSD, Telkom Infratel

2,660

January 22, 2021 -
September 27, 2021

Monthly

1 month JIBOR + 0.70%

None

HSBC

2018

Sigmac,h

600

July 15, 2021

Monthly

Under BLR 8.75%

Trade receivables

2018

Sigmac,h

US$

0.004

July 15, 2021

Monthly

Under BLR 9.13%

Trade receivables

2018 - 2020

The Company, Sigma, Melon, Metra, MD Media, PINS, Metranet

2,850

January 23, 2021 -
December 31, 2021

Monthly, Quarterly

1 month
JIBOR + 0.70% - 0.90%
3 month
JIBOR + 1.00%

None

DBS

2016

Nutech

October 13, 2021

Monthly

9.00%

None

2016

Sigmad,e

US$

0.02

July 31, 2021

Semi-annually

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

Trade receivables

2018

Telkom Infratel, Infomedia

600

July 31, 2021

Monthly

1 month JIBOR + 0.70% - 1.45%

None

UOB Indonesia

2016

Finnetf

500

March 31, 2021

Monthly

1 month JIBOR + 1.75%

None

BTPN

2020

PINS

250

March 13, 2021

Quarterly

3 month JIBOR + 1.50%

None

SCB

2019

GSDg

150

January 17, 2021

Monthly

Cost of fund + 2.00%

None

Bank CIMB Niaga

2013

GSDh

January 1, 2021

Monthly

10.90% - 11.50%

Trade receivables and property and equipment

* In original currency

** Refer to Note 6 and Note 13 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 December 11, 2020.

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	2019	2020
Two-step loans	21a	194	184
Bonds and notes	21b	2,491	478
Bank loans	21c	5,434	7,648
Other borrowings	21d	627	1,040
Total		8,746	9,350