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TRADE AND OTHER PAYABLES
12 Months Ended
Dec. 31, 2024
TRADE AND OTHER PAYABLES  
TRADE AND OTHER PAYABLES

16. TRADE AND OTHER PAYABLES

This account consists of the following:

    

2023

    

2024

Trade payables

 

18,608

 

15,336

Other payables

 

441

 

454

Total trade and other payables

 

19,049

 

15,790

The breakdown of trade payables is as follows:

    

2023

    

2024

Related parties

Radio frequency usage charges, concession fees, and Universal Service Obligation (“USO”) charges

 

2,399

 

2,631

Purchases of equipments, materials, and services

 

430

 

382

Payables to other telecommunication providers

 

161

 

248

Sub-total

 

2,990

 

3,261

Third parties

Purchases of equipments, materials, and services

 

12,742

 

9,725

Payables to other telecommunication providers

 

2,876

 

2,350

Sub-total

 

15,618

 

12,075

Total

 

18,608

 

15,336

Trade payables by currency are as follows:

    

2023

    

2024

Rupiah

 

15,929

 

13,217

U.S. Dollar

 

2,537

 

2,059

Others

 

142

 

60

Total

 

18,608

 

15,336

Terms and conditions of the trade and other payables:

a.

The Group's trade payables and other payables are non-interest bearing and normally settled within 1 year term.

b.

Refer to Note 31c for details on related party transactions.

c.

Refer to Note 34b.v for the Group's liquidity risk management.

GSD, Telkom Akses, and Mitratel entered into supply chain financing with several banks. Those facilities can be used by the GSD, Telkom Akses and Mitratel's supplier to obtain payment of invoices that have been approved to be paid by the bank in accordance with certain terms and conditions. As of December 31, 2023 and 2024, the carrying amount of liabilities under supplier finance arrangement is as follows:

    

2023

    

2024

Liabilities under supplier finance arrangement

 

257

 

475

Total amount of which the supplier has received payment from finance provider

 

257

 

473

Range of payment due dates

 

1-3 month

 

1-3 month

There were no material business combinations or foreign exchange differences that would affect the liabilities under the supplier finance arrangement in either period. There were non-cash transfers from trade payables to liabilities under the supplier finance arrangement in 2023 and 2024 amounted to Rp61 billion and Rp115 billion, respectively.