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OTHER CURRENT FINANCIAL ASSETS

12 Months Ended

Dec. 31, 2023

OTHER CURRENT FINANCIAL ASSETS

OTHER CURRENT FINANCIAL ASSETS

5.    OTHER CURRENT FINANCIAL ASSETS

The breakdown of other current financial assets is as follows:

​

​	​	​	​	​	​	​	​	​	​	​
​	​	​	​	2022			​	2023
​	​	​	​	Balance			​	Balance
​	​	​	​	Foreign currency	​	​	​	Foreign currency	​	​
​		Currency		(in millions)		Rupiah equivalent		(in millions)		Rupiah equivalent
Time deposits	​	​	​	​	​	​	​	​	​	​
Related parties	​	​	​	​	​	​	​	​	​	​
BRI	​	Rp	​	—	​	50	​	—	​	255
BNI	​	Rp	​	—	​	80	​	—	​	160
Bank Mandiri	​	Rp	​	—	​	10	​	—	​	95
​	​	US$	​	5	​	79	​	5	​	77
BSI	​	Rp	​	—	​	100	​	—	​	118
Others (each below Rp100 billion)	​	Rp	​	—	​	—	​	—	​	10
Third parties United Overseas Bank Limited Singapore (“UOB Singapore”)	​	US$	​	12	​	182	​	12	​	186
Standard Chartered Bank (Singapore) Limited (“SCB Singapore”)	​	US$	​	7	​	102	​	7	​	100
Others (each below Rp100 billion)	​	Rp	​	—	​	18	​	—	​	85
​	​	US$	​	2	​	32	​	2	​	32
Total time deposits	​	​	​	​	​	653	​	​	​	1,118
​	​	​	​	​	​	​	​	​	​	​
Escrow accounts	​	Rp	​	—	​	383	​	—	​	214
​	​	US$	​	2	​	30	​	2	​	24
Total escrow accounts	​	​	​	​	​	413	​	​	​	238
​	​	​	​	​	​	​	​	​	​	​
Mutual funds	​	​	​	​	​	​	​	​	​	​
Related parties	​	​	​	​	​	​	​	​	​	​
Others (each below Rp100 billion)	​	Rp	​	—	​	81	​	—	​	85
Third parties	​	​	​	​	​	​	​	​	​	​
PT Henan Putihrai Asset Management ("HPAM")	​	Rp	​	—	​	200	​	—	​	217
Total mutual funds	​	​	​	​	​	281	​	​	​	302
​	​	​	​	​	​	​	​	​	​	​
Others (each below Rp100 billion)	​	Rp	​	—	​	0	​	—	​	3
​	​	US$	​	0	​	2	​	—	​	—
​	​	MYR	​	0	​	0	​	0	​	0
Total others	​	​	​	​	​	2	​	​	​	3
​	​	​	​	​	​	​	​	​	​	​
Allowance for expected credit losses	​	​	​	​	​	(0)	​	​	​	(0)
Total	​	​	​	​	​	1,349	​	​	​	1,661

​

The time deposits have maturities of more than three months but not more than one year, with interest rates as follows:

​

​	​	​	​	​
​		2022		2023
Rupiah		2.50% ‑ 5.00%		2.75% ‑ 6.75%
Foreign currencies		1.95% ‑ 5.06%	​	2.30% ‑ 5.85%

​

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The disclosure of other current financial assets.

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