Catatan/ Notes - UPI | Institutional Repositoryrepository.upi.edu/15266/10/S_PEA_0705667_Appendix.pdf · PT SMARTFREN TELECOM Tbk Universitas Pendidikan Indonesia | repository.upi.edu

Yani Mulyani, 2014

ANALISIS KINERJA KEUANGAN PERUSAHAAN DENGAN METODE Z-SCORE UNTUK MENGUKUR POTENSI KEBANGKRUTAN PADA

PT SMARTFREN TELECOM Tbk Universitas Pendidikan Indonesia | repository.upi.edu | perpustakaan.upi.edu

PT. MOBI L E -8 TELEC O M Tbk DAN ANAK PERU S A H A A N PT. MOBI L E -8 TELEC O M Tbk AND ITS SUBSI D I A R Y NERA C A KONS O L I D A SI CON S O L I D A TE D BALAN C E SHEE TS 31 MARE T 2009 DAN 2008 (TIDA K DIAU DI T ) MAR C H 31, 2009 AND 2008 (UNA U D I TE D )

Catat a n/ 2009 Note s 2008

Rp Rp

ASET ASSETS

ASET LAN C A R CUR R E N T ASSETS Kas dan setara kas 12.29 8. 0 0 5. 2 9 4 3f,4 637.8 6 6 . 9 0 1. 8 3 9 Cash and cash equival e nt s Bank yang dibata si peng g u n a a n n y a - 5 29.24 5. 5 4 1 Rest ri ct e d cash in bank Inve st a si jangka pende k 259.1 6 2 . 4 5 8. 5 7 7 3g,6 198.6 6 4 . 3 8 0. 0 4 9 Short -t e rm inve st m e nt s Piutan g usah a 3h,7,5 0 Trad e acco u nt s recei v a bl e

Pihak hubun g a n istime w a 2.886. 5 9 1. 8 0 3 3d,43 2.984. 2 8 5. 0 1 4 Relate d partie s Pihak ketiga - setel a h dikura n gi Third partie s - net of

penyi si h a n piutan g ragu-ra g u sebe s a r allowa n c e for doubt f ul acco u n t s of Rp10. 5 7 7. 9 1 7 . 9 8 3 tahun 2009 dan Rp10, 5 7 7, 9 1 7 , 9 8 3 in 2009 and Rp 4.285. 6 1 0 . 7 0 0 tahun 2008 13.35 5. 0 5 1. 2 6 2 13.50 0. 0 8 7. 7 2 3 Rp 4,285, 6 1 0 , 7 0 0 in 2008

Piutan g lain-lain 1.477. 4 0 7. 0 4 6 8,50 35.09 1. 8 9 5. 1 8 1 Othe r acco u n t s recei v a bl e Perse di a a n - setel a h dikura n gi penyi si h a n Inven t o ri e s - net of allowa n c e

penuru n a n nilai perse di a a n sebe sa r for declin e in value of Rp3.1 6 8 . 7 4 4 . 2 6 0 tahun 2009 dan 2008 55.61 3. 7 3 1. 0 0 9 3i,9 174.2 2 7 . 5 8 0. 4 6 1 Rp3,1 6 8 , 7 4 4 , 2 6 0 in 2009 and 2008

Pajak dibaya r dimuka 89.35 6. 8 0 4. 3 9 8 3s,10 , 3 8 117.8 7 3 . 5 0 8 . 4 8 2 Prepai d taxe s Biaya dibaya r dimuka 176.6 6 7 . 5 0 8. 1 2 1 3j,11 109.9 6 1 . 7 8 9. 7 8 9 Prepai d expe n s e s Aset lanca r lainnya 73.75 3. 0 7 1. 1 2 5 12,50 11.53 3 . 6 4 6 . 2 6 2 Othe r curre nt asse t s

Jumla h Aset Lanca r 684.5 7 0 . 6 2 8. 6 3 4 1.301. 7 3 3. 3 2 0 . 3 4 2 Total Curre nt Asset s

ASET TIDA K LANC A R NON C U R R E N T ASSETS Aset pajak tangg u h a n - bersi h 304.8 9 6 . 5 1 0. 1 3 3 3s,38 144.7 5 6 . 0 8 5. 8 0 9 Deferre d tax asset s - net Aset tetap - setel a h dikura n gi akum u l a si Prope r t y and equip m e n t - net of accu m ul a t e d

penyu su t a n sebe s a r Rp1.2 3 6 . 4 8 6 . 9 1 9. 4 9 4 depre ci a ti o n of Rp1,2 3 6 , 4 8 6, 9 1 9, 4 9 4 tahun 2009 dan Rp 1.463 . 3 8 7. 7 2 4. 5 6 4 in 2009 and Rp 1,463, 3 8 7 , 7 2 4 , 5 6 4 tahun 2008 3.589. 9 6 8. 9 6 2 . 4 3 4 3k,3n , 1 3 2.950. 4 7 4. 6 7 3 . 7 6 9 in 2008

Good w ill - bersi h 175.5 0 1 . 3 8 4. 4 5 6 3l,14 186.9 5 3 . 3 4 2. 7 6 1 Good w ill - net Beban tangg u h a n - bersi h 5.529. 4 0 1. 5 2 7 3m,15 59.08 8. 1 4 5. 9 9 8 Deferre d charg e s - net Aset tidak lanca r lainnya 10.96 5. 7 2 0. 4 3 0 16 14.38 2. 5 2 3. 4 3 5 Othe r noncu rre n t asset s

Jumla h Aset Tidak Lanca r 4.086. 8 6 1. 9 7 8 . 9 8 0 3.355. 6 5 4. 7 7 1 . 7 7 2 Total Noncu rre nt Asse t s

JUM L A H ASET 4.771. 4 3 2. 6 0 7 . 6 1 4 4.657. 3 8 8. 0 9 2 . 11 4 TOTA L ASSE TS Lihat catat a n atas lapora n keua n g a n konsoli d a si yang meru p a ka n bagian yang tidak terpi sa h ka n dari lapora n keua n g a n kon soli d a si .

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Yani Mulyani, 2014



See acco m p a n yi n g notes to consoli da t e d financial statem e nt s which are an integral part of the consoli d at e d financial statem e nt s.

Yani Mulyani, 2014


PT SMARTFREN TELECOM Tbk

Universitas Pendidikan Indonesia | repository.upi.edu | perpustakaan.upi.edu

PT. MOBI L E -8 TELEC O M Tbk DAN ANAK PERU S A H A A N PT. MOBI L E -8 TELEC O M Tbk AND ITS SUBSI D I A R Y NERA C A KONS O L I D A SI CON S O L I D A TE D BALAN C E SHEE TS 31 MARE T 2009 DAN 2008 (TIDA K DIAU DI T ) MAR C H 31, 2009 AND 2008 (UNA U D I TE D )


Rp Rp

KEWA JI B A N DAN EKUI TA S LIABIL I T I E S AND EQUI T Y

KEWA JI B A N LANC A R CUR R E N T LIABILI T I E S Hutan g usah a 17,50 Trad e acco u nt s paya bl e

Pihak hubun g a n istime w a 6.455. 9 6 0. 8 5 1 3d,43 4.590. 1 5 8. 5 8 4 Relate d partie s Pihak ketiga 631.8 0 2 . 8 7 0. 4 3 3 153.6 2 3 . 5 3 0. 1 9 8 Third partie s

Hutan g lain-lai n 24.20 8. 3 0 4. 5 9 5 18,50 10.71 6. 7 4 8. 0 6 0 Othe r acco u n t s paya bl e Hutan g pajak 37.22 8. 4 2 4. 2 4 3 3s,19 4.946. 3 1 0. 2 1 8 Taxe s paya bl e Biaya masih haru s dibaya r 401.4 1 2 . 6 9 7. 7 7 1 20,43, 4 5 , 5 0 78.91 8. 5 0 0. 4 1 3 Accru e d expe n se s Penda p a t a n diteri m a dimuka 24.18 4. 6 2 9. 9 3 8 3r,21 28.15 1. 3 6 3. 5 8 4 Unea rn e d reve n u e Uang jamina n pelang g a n 28.68 4. 7 5 1. 1 4 0 22 13.45 9. 3 6 3. 3 8 0 Depo si t s from cust o m e rs Hutan g sew a pembi a ya a n jangka panjan g Curre nt maturit y of long-t e rm

yang jatuh tempo dalam satu tahun 70.88 7. 5 1 4. 4 6 1 3n,26, 5 0 41.67 3. 6 8 9. 3 7 5 finance lease l iabilities

Jumla h Kewaji b a n Lanca r 1.224. 8 6 5. 1 5 3 . 4 3 2 336.0 7 9 . 6 6 3. 8 1 3 Total Curre nt Liabilitie s

KEWA JI B A N TIDA K LANC A R NON C U R R E N T LIABIL I T I E S Hutan g kepa d a pihak hubu n g a n istime w a 3.758. 4 7 3. 5 4 9 3d,23, 4 3 , 5 0 21.26 6. 0 7 9. 2 7 5 Acco u nt s paya bl e to relate d partie s Hutan g sew a pembi a ya a n - setela h dikura n gi Long- t e rm finance lease l iabilities -

bagian yang jatuh temp o dalam satu tahun 1.155. 8 2 1. 0 9 1 . 9 0 5 3n,26 939.0 8 3 . 4 2 7. 3 4 3 net of curre n t maturi t y Hutan g obliga si 1.797. 8 6 6. 8 8 0 . 9 0 0 3o,25 1.552. 6 5 5. 3 9 3 . 0 4 4 Bond s paya bl e Kewaji b a n imbala n pasca kerja 42.43 9. 7 1 3. 5 0 0 3q,39 34.41 7. 4 6 0. 0 0 0 Post-e m pl o y m e n t benefi t s obligati o n

Jumla h Kewaji b a n Tidak Lanca r 2.999. 8 8 6. 1 5 9 . 8 5 4 2.547. 4 2 2. 3 5 9 . 6 6 2 Total Noncu rre nt Liabilitie s

EKUI TA S EQUI T Y Modal saha m - nilai nomin al Rp 100 per saha m Capital stock - Rp 100 par value per share

Modal dasa r - 60.00 0. 0 0 0. 0 0 0 saha m Autho ri z e d - 60,00 0, 0 0 0 , 0 0 0 share s Modal ditemp a t ka n dan diseto r -

20.23 5. 8 7 2. 4 2 7 saha m tahun Issu e d and paid-u p - 20,23 5, 8 7 2 , 4 2 7 2008 dan 2007 2.023. 5 8 7. 2 4 2 . 7 0 0 28 2.023. 5 8 7. 2 4 2 . 7 0 0 share s in 2008 and 2007

Tamb a h a n modal diseto r 533.1 3 3 . 5 9 2. 3 7 9 3p,29 533.1 3 3 . 5 9 2. 3 7 9 Additio n al paid-u p capital Selisih nilai transa k si restru kt u ri s a si entitas Differe n c e in value of restru ct u ri n g transa cti o n

sepe n g e n d ali 42.24 5. 4 2 4. 1 2 6 30 42.24 5. 4 2 4. 1 2 6 amon g entitie s under com m o n control Saldo laba (defisi t ) Retain e d earnin g s (defici t )

Ditent u k a n pengg u n a a n n ya 100.0 0 0 . 0 0 0 100.0 0 0 . 0 0 0 Appro p r i at e d Tidak ditent u ka n peng g u n a a n n y a (2.05 2. 3 8 4. 9 6 4 . 8 7 7 ) (825. 1 8 0 . 1 9 0. 5 6 6 ) Unap p ro p ri a t e d

Jumla h Ekuita s 546.6 8 1 . 2 9 4. 3 2 8 1.773. 8 8 6. 0 6 8 . 6 3 9 Total Equity

JUM L A H KEWA JI B A N DAN EKUI TA S 4.771. 4 3 2. 6 0 7 . 6 1 4 4.657. 3 8 8. 0 9 2 . 11 4 TOTA L LIABIL I T I E S AND EQU I TY

Lihat catat a n atas lapora n keua n g a n konsoli d a si yang meru p a ka n bagian yang tidak terpi sa h ka n dari lapora n keua n g a n kon soli d a si .

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Yani Mulyani, 2014




See accom p a n yi n g notes to consolid a t ed financial statem e nt s which are an integral part of the consoli d at e d financial statem e nt s.

Yani Mulyani, 2014



PT. MOBI L E -8 TELE C O M Tbk DAN ANAK PERU S A H A A N PT. MOBI L E -8 TELE C O M Tbk AND ITS SUBSI D I A R Y LAPOR A N LABA RUGI KON S O LI D A S I CON S O LI D AT E D STATE M E N T S OF INC OM E UNTU K PERI OD E TIGA BULA N FOR THE THR E E -M O N TH PERI OD S YAN G BERA K H I R 31 MARE T 2009 DAN 2008 (TID A K DIAU D I T ) ENDE D MARC H 31, 2009 AND 2008 (UNA U D I T E D )


Rp Rp

PEND A P ATA N USA H A 3r,31 OPE R ATI N G REVE N U E S Jasa teleko m u ni k a si 116.0 5 2 . 4 4 8 . 4 4 5 234.0 2 4 . 0 7 1. 3 4 4 Teleco m m u ni c ati o n servi c e s Jasa interko n e ksi 19.57 9. 7 2 2. 4 7 9 31.16 4. 0 3 8. 8 1 8 Interco n n e cti o n servi ce s Jumla h penda p at a n 135.6 3 2 . 1 7 0. 9 2 4 265.1 8 8 . 11 0 . 1 6 2 Total reve n u e s Beban interko n e k si dan poton g a n harga (42.0 1 3 . 6 0 7. 2 6 1 ) (55.0 4 5 . 7 4 7. 0 0 0 ) Interco n n e c ti o n charg e s and disco u n t

Penda p a t a n Usah a - Bersi h 93.61 8. 5 6 3. 6 6 3 210.1 4 2 . 3 6 3. 1 6 2 Opera ti n g Reve n u e s - Net

BEBA N USAH A 3r OPE R AT I N G EXPE N S E S Penyu su t a n dan amorti sa si 78.32 6. 3 1 4. 4 0 5 3k,1 3, 1 5 , 3 2 70.70 0. 7 7 3. 7 0 9 Depre ci a ti o n and amorti z ati o n Opera si , pemeli h a ra a n dan jasa Opera ti o n s, maint e n a n c e and

teleko m u ni k a si 95.39 3. 5 4 0. 8 4 4 33 53.76 4. 4 1 3. 9 0 5 teleco m m u ni ca ti o n servi ce s Penjual a n dan pema sa ra n 36.83 0. 5 3 4. 5 3 6 34 31.28 5. 3 8 6. 0 3 6 Sales and marke ti n g Karya w a n 37.06 4. 7 4 9. 9 4 5 35,39 36.19 5. 3 2 5. 1 8 0 Perso n n el Umu m dan admini st ra si 13.90 0. 8 9 1. 7 5 4 36, 50 15.41 4. 1 0 0. 2 3 7 Gene ra l and admini st ra ti o n

Jumla h Beban Usah a 261.5 1 6 . 0 3 1. 4 8 4 207.3 5 9 . 9 9 9. 0 6 7 Total Opera ti n g Expe n s e s

LABA (RU GI ) USAH A (167. 8 9 7 . 4 6 7. 8 2 1 ) 2.782. 3 6 4. 0 9 5 OPE R ATI N G INC OM E (LOS S )

PEN GH A SI L A N (BEB A N ) LAIN -L AI N OTH E R INC OM E (CHA R G E S ) Pengh a sil a n inve st a si 5.366. 1 5 8. 1 2 4 6 7.882. 8 8 4. 4 2 0 Inve st m e n t incom e Pengh a sil a n bung a 81.91 4. 2 1 4 4 4.606. 3 0 6. 1 2 0 Intere st incom e Keunt u n g a n (keru gi a n ) kurs mata uang Gain (loss) on foreig n

asing - bersi h (97.4 3 7 . 6 0 5. 9 6 8 ) 3c 7.797. 7 0 4. 4 3 9 exch a n g e - net Keunt u n g a n penju al a n dan peng h a p u s a n Gain on sale and dispo s al of

aset tetap 2.381. 6 6 7. 9 2 4 3k,13 205.6 8 9 . 5 2 8 prope r t y and equip m e nt Amorti s a si good will - bersi h (2.86 2. 9 8 9. 5 3 0 ) 3l,14 (2.86 2. 9 8 9. 5 3 0 ) Amorti za ti o n of good will - net Beban bung a dan keua n g a n (115. 0 8 3 . 7 7 3 . 7 0 1 ) 37 (84.8 2 3 . 9 1 4. 9 1 4 ) Intere st expe n se s and financi al charg e s Keunt u n g a n peru b a h a n nilai Gain on chan g e in fair value of deriva ti ve

wajar instru m e n keua n g a n deriva tif 145.1 0 1 . 0 8 6. 1 6 5 48 27.65 2. 2 4 7. 4 8 6 financi al instru m e n t Lain-lai n - bersi h (10.2 0 2 . 7 6 8. 1 6 7 ) 45a, 50 4.697. 5 8 2. 0 9 2 Othe rs - net

Beban Lain-l ai n - Bersi h (72.6 5 6 . 3 1 0. 9 3 9 ) (34.8 4 4 . 4 9 0. 3 5 8 ) Othe r Charg e s - Net

RUGI SEBEL U M PAJA K (240. 5 5 3 . 7 7 8. 7 6 0 ) (32.0 6 2 . 1 2 6. 2 6 3 ) LOS S BEFOR E TAX

MAN FA A T (BEBA N ) PAJA K 3s TAX BENE FI T (EXPE N S E ) Pajak kini (360. 6 6 3 . 9 3 1 ) - Curre nt tax Pajak tangg u h a n 60.27 7. 5 0 5. 3 6 5 38 9.761. 9 5 9. 2 4 9 Deferre d tax Jumla h 59.91 6. 8 4 1. 4 3 4 9.761. 9 5 9. 2 4 9 Total

RUGI BERSI H (180. 6 3 6 . 9 3 7. 3 2 6 ) (22.3 0 0 . 1 6 7. 0 1 4 ) NET LOS S

RUGI PER SAHA M DASA R (9,16 ) 3t,41 (1,10 ) BASIC LOS S PER SHA R E Lihat catat a n atas lapora n keua n g a n konsoli d a si yang meru p a ka n bagian yang tidak terpi sa h ka n dari lapora n keua n g a n kon soli d a si .

Yani Mulyani, 2014



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See accom

panyin g not

es to cons

olidated fina

ncial statem e nt s

which are an

integral part

of the consol

idated financial stat

ement s.

Yani Mulyani, 2014




PT. MOBI L E -8 TELE C O M Tbk DAN ANAK PERU S A H A A N PT. MOBI L E -8 TELE C O M Tbk AND ITS SUBSI D I A R Y LAPOR A N PER U B A H A N EKUI TA S KON S O LI D A S I CON S O L I D A TE D STATE M E N T S OF CHAN G E S IN EQU I TY UNTU K PERI OD E TIGA BULA N YAN G BERA K H I R 31 MARE T 2008 DAN 2007 (TID A K DIAU D I T ) FOR THE THR E E -M O N TH PERI O D S END E D MAR C H 31, 2008 AND 2007 (UNA U D I T E D )

Selisih Nilai Transaksi

Restru kt uri sa si Entitas Sepengendali/

Difference in Value Modal Tambaha n of Restru ctu ri ng

Saldo Laba (Defisit)/ Ret ain ed Earnings (Deficit)

Disetor/ Modal Disetor/ Transaction Among Ditentukan Tidak Ditentukan Catatan/ Paid-up Additional paid-up Entities under Pengguna an n ya/ Penggun aa n n ya / Jumlah Ekuitas/

Notes Capital capital Common Control Appropriat e d Unappro p riat e d Total Equity Rp Rp Rp Rp Rp Rp

Saldo per 1 Januari 2008 2.023.587.242.700 533.133.592.379 42.245.424.126 100.000.000 (802.880.023.552) 1.796.186.235.653 Balance as of January 1, 2008 (Audited)

Rugi bersih periode berjalan - - - - (22.300.1 6 7. 01 4 ) (22.300.1 6 7. 01 4 ) Net loss for the period

Saldo per 31 Maret 2008 2.023.587.242.700 533.133.592.379 42.245.424.126 100.000.000 (825.180.190.566) 1.773.886.068.639 Balance as Maret 31, 2008

Saldo per 1 Januari 2009 2.023.587.242.700 533.133.592.379 42.245.424.126 100.000.000 (1.871.748.027.551) 727.318.231.654 Balance as of January 1, 2008

Rugi bersih periode berjalan - - - - (180.636. 9 37 .3 26 ) (180.636. 9 37 .3 26 ) Net loss for the period

Saldo per 31 Maret 2009 2.023.587.242.700 533.133.592.379 42.245.424.126 100.000.000 (2.052.384.964.877) 546.681.294.328 Balance as March 31, 2009 Lihat catatan atas laporan keuanga n konsolidasi yang merupa kan bagian yang tidak terpisah ka n dari laporan keuanga n konsolidasi.

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Yani Mulyani, 2014




See accompan ying notes to consolidated financial statements which are an integral part of the consolidated financial statements.

Yani Mulyani, 2014

ANALISIS KINERJA KEUANGAN PERUSAHAAN DENGAN METODE Z-SCORE UNTUK MENGUKUR POTENSI KEBANGKRUTAN PADA PT SMARTFREN TELECOM Tbk


PT. MOBILE -8 TELEC OM Tbk DAN ANAK PERUSA H AA N PT. MOBILE -8 TELEC OM Tbk AND ITS SUBSIDI A RY LAPORA N ARUS KAS KONSOLI D A SI CONS OLI D ATE D STATE M E N TS OF CASH FLOWS UNTUK PERIOD E TIGA BULAN FOR THE THREE -M ON TH PERIOD S YANG BERAKHI R 31 MARET 2009 DAN 2008 (TIDAK DIAUDI T) ENDED MARCH 31, 2009 AND 2008 (UNAU DI TE D )

2009 2008 Rp Rp

ARUS KAS DARI AKTIVITA S OPERAS I CASH FLOWS FROM OPERATI N G ACTIVITI E S Penerima a n kas dari pelangga n 157.985. 56 2 .2 4 4 189.273. 07 3 .9 6 1 Cash receipts from custom ers Pembaya ra n kas kepada pemaso k dan karya w a n (172.30 5. 23 9. 1 7 4) (129.61 5. 40 9. 1 7 7) Cash paid to suppliers and employe e s Kas diperoleh dari (diguna kan untuk) operasi (14.319. 6 76 .9 3 0 ) 59.657.6 64 . 78 4 Cash generat e d from (used in) operatio n s Penerima a n restitusi pajak 2.137.03 5. 4 81 - Cash receipts from tax refund Penerima a n bunga 939.875. 30 7 5.257.94 2. 4 10 Interest receive d Pembaya ra n pajak penghasil an (7.594.5 2 7) (1.971.2 3 2. 07 1 ) Income tax paid Pembaya ra n beban bunga dan keuang an (5.001.8 1 6. 37 5 ) (126.20 5. 51 3. 9 5 0) Interest expen se s and financial charge s paid Kas Bersih Digunakan Untuk Aktivita s Opera si (16.252. 1 77 .0 4 4 ) (63.261. 1 38 .8 2 7 ) Net Cash Used in Operati ng Activities ARUS KAS DARI AKTIVITA S INVESTA SI NET CASH FLOWS FROM INVESTI N G ACTIVITI ES Pencaira n investasi jangka pendek 34.331.1 90 . 09 7 525.958. 23 4 .7 8 1 Redemp tio n from short-t e rm investme n t Hasil bersih penjualan aset tetap 3.363.37 7. 6 85 288.734. 99 9 Net procee d s from sale of propert y and equipment Penurun a n bank yang

dibatasi pengguna a nn ya - 20.840.1 78 . 44 6 Decrea se in restricte d cash in bank Penempat a n investasi jangka pendek - (528.06 1. 00 1. 9 5 5) Placemen t in short-t erm invest me nt Pembaya ra n uang jaminan 16.970.3 41 . 79 7 (3.243.3 4 4. 82 4 ) Payment for refundabl e deposits Pembaya ra n pajak pertamb a ha n nilai barang modal (2.956.5 9 7. 83 3 ) (6.519.4 9 6. 95 6 ) Payment of value added tax for capital expendit ure s Peroleha n aset tetap (42.644. 1 65 .5 5 8 ) (154.99 0. 63 7. 1 9 0) Acquisition s of propert y and equipmen t Kas Bersih Diperoleh Dari (Diguna ka n Untuk)

Aktivitas Invest a si 9.064.14 6. 1 88 (145.72 7. 33 2. 6 9 9) Net Cash Provided by (Used in) Investi ng Activities ARUS KAS DARI AKTIVITA S PENDAN A A N CASH FLOWS FROM FINAN CI N G ACTIVITI ES Penerima a n hutang kepada

pihak hubunga n istimewa - bersih (3.419.3 2 8. 36 3 ) 3.505.12 2. 2 21 Procee d s of account s payable to related parties - net Pembaya ra n atas hutang

sewa pembiaya a n (1.048.3 0 1. 26 3 ) (9.218.3 4 8. 78 1 ) Payment of financial lease Kas Bersih Diperoleh Dari (Diguna ka n Untuk) Net Cash Provided by (Used in)

Aktivitas Pendana a n (4.467.6 2 9. 62 6 ) (5.713.2 2 6. 56 0 ) Financin g Activities PENUR U N A N BERSIH KAS DAN NET DECRE A SE IN CASH AND

SETARA KAS (11.655 .6 6 0. 48 2 ) (214.70 1. 69 8. 0 8 6) CASH EQUIVA LE N TS CASH AND CASH EQUIVA LE N TS AT BEGIN NI N G

KAS DAN SETARA KAS AWAL PERIODE 23.734.0 79 . 92 3 852.668. 94 3 .3 3 1 OF PERIOD Pengaru h perubah an kurs mata uang asing 219.585. 85 3 (100.34 3. 40 6 ) Effect of foreign exchan g e rate change s

CASH AND CASH EQUIVA LE N TS AT KAS DAN SETARA KAS AKHIR PERIOD E 12.298.0 05 . 29 4 637.866. 90 1 .8 3 9 END OF PERIOD PENGU N G KA PA N TAMBA HA N SUPPLE ME N TAL DISCL OS U RE S Aktivitas investa si dan pendanaa n yang tidak

mempen ga ru hi kas: Noncash investing and financing activities: Penamba h an nilai aset bersih investa si Increa se in net asset value of short- te rm

jangka pendek 34.264.7 74 . 52 5 8.060.37 9. 9 57 investm e nt Penamba h an aset tetap dengan hutang Increa se in propert y and equipme nt through

usaha 12.296.3 55 . 09 5 account s payable Penamba h an aset tetap melalui Increa se in propert y and equipme nt through

hutang sewa pembiaya an - 184.163. 14 5 .6 8 4 finance lease obligation Penamba h an piutang lain-lain melalui perubah a n Increa se in other receiva ble s through change in

nilai wajar instrume n keuang an derivatif - 23.556.6 00 . 13 4 fair value of derivative financial instrum e nt Penamba h an aset tetap melalui Increa se in propert y and equipme nt through

kapitalisa si biaya pinjaman - 14.847.0 27 . 61 0 capitalizatio n of borrowin g cost Increa se in propert y and equipme nt

Penamba h an aset tetap melalui through capitalizatio n of foreign kapitalisa si selisih kurs - (1.043.2 8 5. 85 8 ) exchan g e difference

Yani Mulyani, 2014



PT MOBI L E-8 TELE C O M Tbk DAN ANA K PER U S A H A A N PT MOBI L E-8 TELE C O M Tbk AND ITS SUB SI D I A R Y Nera c a Konsoli d a si Consol i da te d Bal anc e Sheets 31 Dese m be r 2010 dan 2009 Dece m b er 31, 2010 and 2009

Catata n / 2010 Notes 2009

Rp Rp

ASET ASSE T S

ASET LANC A R CURR E N T ASSE T S Kas dan setara kas 20.713.167.168 2d,2g,2h,4,39,40 23.839.414.781 Cash and cash equiv alents Inv estasi jangka pendek 26.288.220.171 2h,5,39,40 199.469.606.007 Short-term inv estments Piutang usaha 2d,2h,6,39,40 Trade accounts receiv able

Pihak ketiga - setelah dikurangi Third parties - net of allowance peny isihan piutang ragu-ragu sebesar f or doubtf ul accounts of Rp 26.855.092.885 tahun 2010 dan Rp 26,855,092,885 in 2010 and Rp 12.265.914.335 tahun 2009 11.580.459.750 15.166.277.830 Rp 12,265,914,335 in 2009

Piutang lain-lain 23.217.949.314 2h,39,40 1.261.748.348 Other accounts receiv able Persediaan - setelah dikurangi peny isihan Inv entories - net of allowance

penurunan nilai persediaan sebesar f or decline in v alue of Rp 3.168.744.260 216.080.952.028 2i,7 32.590.229.040 Rp 3,168,744,260

Pajak dibay ar dimuka 29.499.680.051 2t,8 61.137.272.250 Prepaid taxes Biay a dibay ar dimuka 95.288.983.300 2j,9 44.296.385.345 Prepaid expenses Aset lancar lain-lain 23.861.378.038 10 63.301.778.245 Other current assets Jum l a h Aset Lanca r 446.530.789.820 441.062.711.846 Total Curre nt Asse ts

ASET TIDAK LAN C A R NON C U R R E N T ASSE TS Aset pajak tangguhan - bersih 159.173.291.298 2t,34 195.355.160.379 Def erred tax assets - net Aset tetap - setelah dikurangi

akumulasi peny usutan sebesar Property and equipment - net of accumulated Rp 1.508.139.498.219 periode 2010 dan depreciation of Rp 1,508,139,498,219 in 2010, Rp 1.162. 8 2 7 . 6 7 6 . 9 6 8 tahun 2009 3.337. 5 9 3. 0 2 3 . 1 0 2 2k,2l, 2 p, 1 1, 1 5, 2 1 3.505. 5 1 2. 5 3 6 . 9 1 0 and Rp 1,162, 8 2 7, 6 7 6 , 9 6 8 in 2009

Good w ill dan aset tidak berw uj u d Good w ill and other intangi bl e asse t - lainnya - setela h dikura n gi amorti s a si net of accu m ul a t e d amorti za ti o n of sebesar Rp 112.011.366.049 tahun 2010 Rp 112,011,366,049 in 2010 dan Rp 99.681.378.365 tahun 2009 159.996.943.173 2m,12 172.326.930.857 and Rp 99,681,378,365 in 2009

Biay a dibay ar dimuka jangka panjang 115.565.960.112 2j,9 98.111.362.743 Long-term prepaid expenses Aset lain-lain 264.749.874.038 13 344.566.041.001 Other assets Jum l a h Aset Tidak Lanc a r 4.037.079.091.723 4.315.872.031.890 Total Noncu rr en t Asse ts

JU MLA H ASET 4.483.609.881.543 4.756.934.743.736 TOTA L ASSE TS

Yani Mulyani, 2014



Lihat catata n atas lapora n keua n g a n konsoli d a si yang merup a k a n See acco m p a n yi n g note s to consoli d a t e d financi al state m e nt s bagian yang tidak terpisa h k a n dari lapora n keua n g a n konsoli d a si. which are an integral part of the consoli d a t e d financial state m e n t s.

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Yani Mulyani, 2014



PT MOBI L E-8 TELE C O M Tbk DAN ANA K PER U S A H A A N PT MOBI L E-8 TELE C O M Tbk AND ITS SUB SI D I A R Y Nera c a Konsoli d a si Consol i da te d Bal anc e Sheets 31 Dese m be r 2010 dan 2009 Dece m b er 31, 2010 and 2009


Rp Rp

KEWA JI B A N DAN EKUI TA S LIABI L I T I E S AND EQU I TY

KEWA JI B A N LAN C A R CURR E N T LIABI L I T I E S Hutang usaha 2d,2h,14,23,39,40,47 Trade accounts pay able

Pihak hubungan istimewa 61.363.907 2e,38 116.461.537 Related parties Pihak ketiga 443.272.933.615 683.866.472.520 Third parties

Hutang jangka pendek 1.028.000.000.000 2h,15,39,40 80.000.000.000 Short-term loans Hutang lain-lain 63.169.347.694 2d,2h,16,39,40,47 47.724.811.287 Other accounts pay able Hutang pajak 15.165.710.194 2t,17 12.109.308.473 Taxes pay able Biay a masih harus dibay ar 431.362.345.018 2d,2h,18,39,40,47 346.728.488.078 Accrued expenses Pendapatan diterima dimuka 5.887.982.270 19 18.323.882.491 Unearned rev enues Uang jaminan pelanggan 27.472.539.185 20 16.908.005.191 Deposits f rom customers Hutang sewa pembiay aan jangka panjang Current portion of long-term

y ang jatuh tempo dalam satu tahun 60.793.137.702 2l,22,39,40,47 63.433.170.641 lease liabilities Jum l a h Kewa ji b a n Lanc a r 2.075.185.359.585 1.269.210.600.218 Total Curre nt Liab il i ti e s

KEWA JI B A N TIDA K LAN C A R NON C U R R E N T LIABI L I TI E S Hutang sewa pembiay aan - setelah

dikurangi bagian y ang jatuh tempo Long-term lease liabilities - net of dalam satu tahun 948.586.571.309 2l,22,39,40 1.125.658.675.428 current portion

Hutang obligasi 1.515.664.740.126 2d,2h,21,39,40 1.519.417.829.434 Bonds pay able Kewaji b a n imbala n pasca kerja 63.65 6. 0 8 4. 0 0 0 2s,33 50.11 5 . 2 4 4 . 0 0 0 Post-e m pl o y m e n t benefi t s obligati o n Jum l a h Kewa ji b a n Tidak Lanc a r 2.527.907.395.435 2.695.191.748.862 Total Noncu rr en t Liab il i ti e s

Jum l a h Kewa ji b a n 4.603.092.755.020 3.964.402.349.080 Total Liab il i ti e s

EKUI TA S (DEFI SI E N S I MOD A L) EQUI T Y (CAPI TA L DEFI C I E N C Y ) Modal saham Capital stock

- Seri A - nilai nominal Rp 100 per saham - Series A - Rp 100 par v alue per share - Seri B - nilai nominal Rp 50 per saham - Series B - Rp 50 par v alue per share

Modal dasar Authorized: - Seri A - 20.235.872.427 saham - Series A - 20,235,872,427 shares

tahun 2010 dan 2009 in 2010 and 2009 - Seri B - 211.528.255.146 saham tahun 2010 - Series B - 211,528,255,146 shares in 2010

dan 119. 5 2 8. 2 5 5 . 1 4 6 saha m tahun 2009 and 119, 5 2 8, 2 5 5 , 1 4 6 share s in 2009

Modal disetor 3.155.837.634.350 23 2.663.476.437.700 Issued and paid-up: - Seri A - 20.235.872.427 saham - Series A - 20,235,872,427 shares

tahun 2010 dan 2009 in 2010 and 2009 - Seri B - 22.645.007.833 saham tahun 2010 - Series B - 22,645,007,833 shares in 2010

dan 12.797.783.900 saham tahun 2009 and 12,797,783,900 shares in 2009 Tambahan modal disetor 726.701.293.722 24 725.100.350.879 Additional paid-up capital

Saldo laba (def isit) Retained earnings (def icit) Ditentukan penggunaanny a 100.000.000 100.000.000 Appropriated Tidak ditentukan penggunaanny a (4.002.121.801.549) (2.596.144.393.923) Unappropriated

Jum l a h Ekui ta s (Defi s i e nsi modal ) (119.482.873.477) 792.532.394.656 Total Equi ty (Capi tal Defi ci e n c y )

JU MLA H KEWA J I B A N DAN EKU I TA S 4.483.609.881.543 4.756.934.743.736 TOTA L LIABI L I TI E S AND EQUI TY

Yani Mulyani, 2014



Lihat catata n atas lapora n keua n g a n konsoli d a si yang merup a k a n See acco m p a n yi n g note s to consoli d a t e d financi al state m e nt s bagian yang tidak terpisa h k a n dari lapora n keua n g a n konsoli d a si. which are an integral part of the consoli d a t e d financial state m e n t s.

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Yani Mulyani, 2014



PT MOBI L E-8 TELE C O M Tbk DAN ANAK PER U S A H A A N PT MOBI L E-8 TELE C O M Tbk AND ITS SUB SI D I A R Y Lapora n Laba Rugi Konsoli d a si Consoli da te d State m e nts of Oper at i ons Untuk Tahun-ta hu n yang Berak h i r 31 Dese m be r 2010 dan 2009 For the Years Ende d Dece m b e r 31, 2010 and 2009


Rp Rp

PEN D A PA TA N USA H A - BER SI H 376.511.377.567 2e,2q,26,38 504.491.943.776 OPER A TI N G REVE N U ES -NET

BEB A N USA H A 2q OPER A TI N G EXPE N S E S Operasi, pemeliharaan dan jasa Operations, maintenance and

telekomunikasi 470.604.364.010 27 518.154.922.603 telecommunication serv ices Peny usutan dan amortisasi 357.095.605.179 2k,11,28 318.387.676.176 Depreciation and amortization Penjualan dan pemasaran 223.438.037.903 29 150.484.092.575 Sales and marketing Kary awan 140.794.038.295 30,33 134.968.144.578 Personnel Umum dan administrasi 51.965.807.957 31 58.006.316.454 General and administrativ e Juml a h Beban Usaha 1.243.897.853.344 1.180.001.152.386 Total Opera t i ng Expe ns e s

RUGI USA H A (867.386.475.777) (675.509.208.610) LOSS FROM OPER A TI O N S

PEN G H A SI L A N (BEB A N ) LAIN-LA I N OTH ER INCOM E (EXP E N S E S ) Keuntungan kurs mata uang

asing - bersih 65.753.995.319 2d 241.883.271.097 Gain on f oreign exchange - net Penghasilan bunga 567.026.111 485.370.236 Interest income Keunt u n g a n atas realisa si selisih nilai Realize d gain arisin g from rest ru ct u ri n g

transaksi restrukturisasi entitas transactions among entities under sepengendali - 25 42.245.424.126 common control

Keuntungan (kerugian) penjualan dan Gain (loss) on sale of property and penghapusan aset tetap (6.991.289.757) 2k,11 21.541.829.615 equipment

Amortisasi goodwill (11.451.958.224) 2m,12 (11.451.958.224) Amortization of goodwill Penghasilan (rugi) inv estasi (19.349.269.978) 5 10.697.096.784 Inv estment income (loss) Keuntungan (kerugian) bersih transaksi Net gain (loss) on deriv ativ e

deriv atif (25.945.812.034) 2h,44 117.932.748.262 transactions Interest expense and other

Beban bunga dan keuangan lainny a (497.940.720.389) 32 (414.865.973.300) f inancial charges Lain-lain - bersih (1.019.440.150) 12 (7.632.820.169) Others - net Peng ha si l a n (Beba n) Lain - l ai n - Bersi h (496.377.469.102) 834.988.427 Other Incom e (Expe n s e s ) - Net

RUGI SEB E L U M PAJA K (1.363.763.944.879) (674.674.220.183) LOSS BEFO R E TAX

BEB A N PAJA K 2t,34 TAX EXPE N S E Pajak kini (479.698.362) (458.301.800) Current tax Pajak tangguhan (37.569.842.843) (49.263.844.389) Def erred tax

Jumlah (38.049.541.205) (49.722.146.189) Total

RUGI BER SI H (1.401.813.486.084) (724.396.366.372) NET LOSS

RUGI PER SAH A M DASA R (38,89) 2u,36 (34,54) BASI C LOSS PER SHA R E

Yani Mulyani, 2014



Lihat catat a n atas lapora n keua n g a n konsoli d a si yang meru p a ka n See acco m p a n yi n g note s to con soli d at e d financi al state m e nt s bagian y ang tidak terpisahkan dari laporan keuangan konsolidasi. which are an integral part of the consolidated f inancial statements.

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Yani Mulyani, 2014



PT MOBI L E-8 TELEC O M Tbk DAN ANAK PER U S A H A A N PT MOBI L E-8 TELEC O M Tbk AND ITS SUB SI D I A R Y Laporan Perubah an Ekuitas Konsolidasi Consolidat ed Statement s of Changes in Equity Untuk Tahun-t ah un yang Berakhi r 31 Desemb er 2010 dan 2009 For the Years Ended Decemb er 31, 2010 and 2009

Selisih Nilai Transaksi

Restruktu ri sasi Entitas Sepeng en d ali/

Differen ce in Value Saldo Laba (Defisit)/Ret ain ed Tambah an Arising from Restruct u rin g Earnings (Deficit) Jumlah Ekuitas

Modal Modal Disetor/ Transacti on s Among Ditentukan Tidak Ditentukan (Defisien si Modal)/ Catatan/ Disetor/ Additional paid-up Entities under Penggunaann y a/ Penggunaann y a/ Equity

Notes Capital Stock capital Common Control Appropriat ed Unappropri at ed (Capital Deficien cy) Rp Rp Rp Rp Rp Rp

S aldo per 1 Januari 2009 2.023.587.242.700 533.133.592.379 42.245.424.126 100.000.000 (1 .871.748.027.551) 727.318.231.654 B alance as of January 1, 2009

P enerb i tan m odal saham selam a tahun berja lan 23 639.889.195.000 191.966.758.500 - - - 831.855.953.500 Issuance of shares of stock

K euntungan atas rea l isasi sel isih ni la i Reversal of di fference in value of transaksi restrukturisa si restructuring transactions am ong enti tas sepengendal i - - (42.245.424.126) - - (42.245.424.126) enti ties under com m on contro l

Rugi bersih tahun berja lan - - - - (724.396.366.372) (724.396.366.372) Net loss for the year

S aldo per 31 Desem ber 2009 2.663.476.437.700 725.100.350.879 - 100.000.000 (2 .596.144.393.923) 792.532.394.656 B alance as of Decem ber 31, 2009

S aldo pada tanggal 1 Januari 2010 2.663.476.437.700 725.100.350.879 100.000.000 (2 .596.144.393.923) 792.532.394.656 B alance as of January 1, 2010 Dam pak penerapan awal atas P S A K 50 (Revisi 2006) E ffect of fi rst adoption of P S A K 50 (Revised 2006) and

dan P S A K 55 (Revisi 2006) 2b - - - - (4 .163.921.542) (4 .163.921.542) P S A K 55 (Revised 2006)

S aldo pada tanggal 1 Januari 2010 sete lah B alance at January 1, 2010, after effect of dam pak penerapan awal P S A K 50 (Revisi 2006) fi rst adoption of P S A K 50 (Revised 2006) dan P S A K 55 (Revisi 2006) 2.663.476.437.700 725.100.350.879 - 100.000.000 (2 .600.308.315.465) 788.368.473.114 and P S A K 55 (Revised 2006)

P enerb i tan m odal saham selam a tahun berja lan 23 492.361.196 .650 1.600.942.843 - - - 493.962.139.493 Issuance of shares of stock

Rugi bersih tahun berja lan - - - - (1 .401.813.486.084) (1 .401.813.486.084) Net loss for the year

S aldo per 31 Desem ber 2010 3.155.837.634.350 726.701.293.722 - 100.000.000 (4 .002.121.801.549) (119.482.873.477) B alance as of Decem ber 31, 2010

Yani Mulyani, 2014



Lihat catatan atas laporan keuangan konsol idasi yang m erupakan S ee accom panying notes to consol idated financia l statem ents bagian yang tidak terp isahkan dari laporan keuangan konsol idasi . which are an in tegra l part of the consol idated financia l statem ents.

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Yani Mulyani, 2014



PT MOBI L E-8 TELE C O M Tbk DAN ANAK PER U S A H A A N PT MOBI L E-8 TELE C O M Tbk AND ITS SUB SI D I A R Y Lapora n Arus Kas Kons ol i da s i Consoli da te d State m e nts of Cash Flows Untuk Tahun-ta hu n yang Berak h i r 31 Dese m be r 2010 dan 2009 For the Years Ende d Dece m b e r 31, 2010 and 2009

2010 2009 Rp Rp

ARU S KAS DARI AKTI VI TA S OPER A S CASH FLOW S FROM OPER A TI N G ACTI VI T I E S Penerimaan kas dari pelanggan 366.709.665.234 466.522.753.624 Cash receipts f rom customers Pembay aran kas kepada pemasok (1.062.467.052.850) (411.563.445.757) Cash paid to suppliers Pembay aran kas kepada kary awan (78.940.179.363) (77.169.528.469) Cash paid to employ ees

Kas digunakan untuk dari operasi (774.697.566.979) (22.210.220.602) Net cash used in operations Penerimaan restitusi pajak 34.244.567.400 41.691.338.711 Cash receipts f rom tax ref und Penerimaan bunga 565.983.982 1.343.962.561 Interest receiv ed Pembay aran pajak penghasilan (478.588.122) (447.262.745) Income tax paid Pembay aran beban bunga dan keuangan (234.167.115.016) (89.669.144.829) Interest expense and f inancial charges paid

Kas Bers i h Diguna k an untuk Akti vi ta s Opera s i (974.532.718.735) (69.291.326.904) Net Cash Used in Opera ti n g Acti vi t i e s

ARU S KAS DARI AKTI VI TA S INVES TA S I NET CASH FLOW S FROM INVES TI N G ACTI VI TI E S Pencairan inv estasi jangka pendek 153.832.115.858 100.214.678.310 Proceeds f rom redemption of short-term inv estments Hasil bersih penjualan aset tetap 57.818.182 57.028.732.479 Net proceeds f rom sale of property and equipment Perolehan aset tetap (104.987.477.447) (145.384.269.307) Acquisitions of property and equipment

Kas Bers i h Diper o l e h Dari Akti v ita s Inves ta si 48.902.456.593 11.859.141.482 Net Cash Provi d e d by Inves t i ng Acti v i ti e s

ARU S KAS DARI AKTI VI TA S PEN D A N A A N CASH FLOW S FROM FINA N C I N G ACTI VI T I E S Penerimaan dari hutang jangka pendek 948.000.000.000 80.000.000.000 Proceeds f rom short-term loans Pembay aran hutang kepada Pay ment of accounts payable

pihak hubungan istimewa - bersih - (7.177.801.912) to related parties - net Pembay aran atas hutang sewa pembiay aan (25.472.677.545) (15.196.347.038) Pay ment of lease liabilities

Kas Bers i h Diper o l e h dari Akti vita s Penda na a n 922.527.322.455 57.625.851.050 Net Cash Provi d e d by Finan ci ng Acti vi ti e s

KEN A I K A N (PEN U R U N A N ) BER SI H KAS DAN NET INCR EA S E (DEC R E A S E ) IN CASH AND SETA R A KAS (3.102.939.687) 193.665.628 CASH EQU I VA L EN TS

CASH AND CASH EQUI VA LE N TS KAS DAN SETA R A KAS AWA L TAH U N 23.839.414.781 23.734.079.923 AT THE BEGI N NI N G OF THE YEA R Pengaruh perubahan kurs mata uang asing (23.307.926) (88.330.770) Ef f ect of foreign exchange rate changes

CASH AND CASH EQUI VA LE N TS AT THE KAS DAN SETA R A KAS AKHI R TAHU N 20.713.167.168 23.839.414.781 END OF THE YEA R PEN G U N G K A PA N TAMB A H A N Aktiv itas inv estasi dan pendanaan y ang tidak SUPP LE M E N TA L DISC L O S U R E S

mempengaruhi kas: Noncash inv esting and f inancing activ ities: Pembay aran hutang melalui penerbitan saham 493.962.139.009 831.855.953.500 Conv ersion of liabilities into shares of stock Hutang timbul dari penambahan aset tetap Liabilities arising f rom acquisition of property

melalui: and equipment: Hutang usaha 217.247.880.253 80.831.527.505 Accounts pay able Hutang sewa pembiay aan 3.666.932.128 22.474.884.743 Lease liabilities

Yani Mulyani, 2014



Lihat catat a n atas lapora n keua n g a n konsoli d a si yang meru p a ka n See acco m p a n yi n g note s to con soli d at e d financi al state m e nt s bagian y ang tidak terpisahkan dari laporan keuangan konsolidasi. which are an integral part of the consolidated f inancial statements.

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Yani Mulyani, 2014 ANALISIS KINERJA KEUANGAN PERUSAHAAN DENGAN METODE Z-SCORE UNTUK MENGUKUR POTENSI KEBANGKRUTAN PADA



PT SMARTFREN TELECO M Tbk (Dahulu PT Mobile-8 Telecom Tbk) PT SMARTFREN TELECO M Tbk (Formerl y PT Mobile-8 Telecom Tbk) DAN ANAK PERUSAHAAN AND ITS SUBSIDIARIES Laporan Posisi Keuangan Konsolidasi an Consolidat ed Statem ent s of Financial Position 31 Desemb er 2011 dan 2010 Decemb er 31, 2011 and 2010

Catatan/ Notes 2011 2010

Rp Rp

ASET ASSETS

ASET LANCAR CURRENT ASSETS K as dan setara kas 2d,2e,2g,2h,3,5,26,42,4 3 227.343.302.579 20.713.167.168 Cash and cash equiva lents Investasi jangka pendek 2h,3,6,43 - 26.288.220.171 S hort-term investm ents P iutang usaha 2d,2h,3,7,26,43 Trade accounts receivable

P ihak bere lasi 2e,42 4.166.982.048 - Related parties P ihak ketiga - sete lah dikurangi penyisihan Third parties - net of al lowance for

piutang ragu-ragu m asing-m asing sebesar doubtfu l accounts of Rp 33,544,215,362 Rp 33.544.215.362 dan Rp 26.855.092.885 and Rp 26,855,092,885 as of pada tanggal 31 Desem ber 2011 dan 2010 28.026.359.136 11.580.459.750 Decem ber 31, 2011 and 2010, respective ly

P iutang la in -la in 2d,2h,3,26,43 27.104.617.750 23.217.949.314 Other accounts receivable P ersediaan - sete lah dikurangi penyisihan

penurunan ni la i persediaan m asing-m asing sebesar Rp 14.001.338.567 dan Inventories - net of al lowance for decl ine in value Rp 3.168.744.260 pada tanggal of Rp 14,001,338,567 and Rp 3,168,744,260 as 31 Desem ber 2011 dan 2010 2i ,3 ,8 186.833.640.795 216.080.952.028 of Decem ber 31, 2011 and 2010, respective ly

P ajak dibayar dim uka 2s,9 138.592.159.993 29.499.680.051 P repaid taxes B iaya dibayar dim uka 2j ,10 56.113.471.863 95.288.983.300 P repaid expenses A set lancar la in-la in 11 126.348.708.773 23.861.378.038 Other current assets Jumlah Aset Lancar 794.529.242.937 446.530.789.820 Total Current Assets

ASET TIDAK LANCAR NON-CURRENT ASSETS A set pajak tangguhan - bersih 2s,3,38 593.470.400.574 159.173.291.298 Deferred tax assets - net A set te tap - sete lah dikurangi P roperty and equipm ent - net of accum ulated

akum ulasi penyusutan m asing-m asing sebesar depreciation of Rp 2,680,642,002,683 and Rp 2.680.642.002.683 dan Rp 1.508.139.498.219 Rp 1,508,139,498,219 as of Decem ber 31, pada tanggal 31 Desem ber 2011 dan 2010 2k,2 l ,2o,3,12,17,23,24,3 2 8.872.642.077.323 3.337.593.023.102 2011 and 2010, respective ly

Goodwi l l dan aset takberwujud l a innya - Goodwi l l and other in tangib le assets - sete lah dikurangi am ortisasi m asing-m asing net of accum ulated am ortization of sebesar Rp 757.006.379.144 dan Rp 757,006,379,144 and Rp 112,011,366,049 Rp 112.011.366.049 pada tanggal as of Decem ber 31, 2011 and 2010, 31 Desem ber 2011 dan 2010 2m ,2o,3,13,32 1.575.448.150.699 159.996.943.173 respective ly

Uang m uka jangka panjang 14 272.880.559.307 - Long-term advances B iaya dibayar dim uka jangka panjang 2j ,10 27.300.030.010 115.565.960.112 Long-term prepaid expenses A set la in-la in 15 160.308.189.888 264.749.874.038 Other assets Jumlah Aset Tidak Lancar 11.502.049.407.801 4.037.079.091.723 Total Non-current Assets

JUMLAH ASET 12.296.578.650.738 4.483.609.881 .543 TOTAL ASSETS




Lihat catatan atas laporan keuangan konsol idasian yang m erupakan S ee accom panying notes to consol idated financia l statem ents bagian yang tidak terp isahkan dari laporan keuangan konsol idasian. which are an in tegra l part of the consol idated financia l statem ents.

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Annual Report 2011 PT Smartfre n Telecom Tbk

71




PT SMARTFR EN TELECO M Tbk (Dahulu PT Mobile-8 Teleco m Tbk) PT SMARTFR EN TELECO M Tbk (Formerl y PT Mobile- 8 Teleco m Tbk) DAN ANAK PERUSAHAA N AND ITS SUBSIDIARIE S Laporan Posisi Keuang an Konsolidasi an Consolid at ed Statement s of Financi al Position 31 Desemb er 2011 dan 2010 Decemb er 31, 2011 and 2010


Rp Rp

LIABILITAS DAN EKUITAS LIABILITIE S AND EQUITY

LIABILITAS LIABILITIE S

LIABILITAS LANCAR CURRENT LIABILITIE S Utang usaha 2d,2h,3,16,26,43 Trade accounts payable

Pihak berelasi 2e,42 106.854.562.968 61.363.907 Related parties Pihak ketiga 438.226.628.855 443.272.933.615 Third parties

Pinjaman jangka pendek 2e,2h,3,17,26,43 500.000.000.000 1.028.000.000.000 Short-term loans Utang lain-lain 2d,2h,3,18,26,43 121.700.817.749 63.169.347.694 Other accounts payable Utang pajak 2s,19 23.203.223.807 15.165.710.194 Taxes payable Biaya masih harus dibayar 2d,2h,3,20,26,43 1.050.836.770.008 431.362.345.018 Accrued expenses Pendapatan diterima dimuka 2p,21 67.099.271.679 5.887.982.270 Unearned revenues Uang jaminan pelanggan 22 54.852.954.807 27.472.539.185 Deposits from customers Bagian yang jatuh tempo dalam satu tahun: Current portion of:

Utang pinjaman 2d,2h,3,23,26,43 679.755.330.942 - Loans payable Utang sewa pembiayaan 2l,3,25,26,43 57.103.968.848 60.793.137.702 Lease liabilities

Jumlah Liabilitas Lancar 3.099.633.529.663 2.075.185.359.585 Total Current Liabilities

LIABILITAS TIDAK LANCAR NON-CURREN T LIABILITIES Bagian yang jatuh tempo lebih dari satu tahun -

setelah dikurangi bagian yang akan jatuh Long-term portion - net of current tempo dalam waktu satu tahun: portion of: Utang pinjaman 2d,2h,3,23,26,43 3.119.589.354.471 - Loans payable Utang sewa pembiayaan 2l,3,25,26,43 648.581.558.292 948.586.571.309 Lease liabilities

Utang obligasi 2d,2h,3,24,26,43 899.779.005.155 1.515.664.740.126 Bonds payable Liabilitas derivatif 2d,2h,3,24,26,43 667.565.757.000 - Derivative liability Cadangan imbalan pasca kerja 2r,3,37 108.026.989.000 63.656.084.000 Defined-benefit post-employment reserve Liabilitas tidak lancar lainnya 2h,3,24,26,29,43 484.430.562.492 - Other non-current liabilities Jumlah Liabilitas Tidak Lancar 5.927.973.226.410 2.527.907.395.435 Total Non-current Liabilities

Jumlah Liabilitas 9.027.606.756.073 4.603.092.755.020 Total Liabilities

EKUITAS (DEFISIEN SI MODAL) EQUITY (CAPITAL DEFICIENCY)

Ekuitas (Defisien si Modal) yang dapat Equity (Capital Deficien cy) Attributabl e diatribu si kan kepada pemilik entitas to the Owners of the Company Modal saham Capital stock

- Seri A - nilai nominal Rp 100 per saham - Series A - Rp 100 par value per share - Seri B - nilai nominal Rp 50 per saham - Series B - Rp 50 par value per share

Modal dasar Authorized: - Seri A - 20.235.872.427 saham - Series A - 20,235,872,427 shares - Seri B - 211.528.255.146 saham - Series B - 211,528,255,146 shares

Modal ditempatkan dan disetor Issued and paid-up: - Seri A - 20.235.872.427 saham - Series A - 20,235,872,427 shares

- Series B - 98,403,261,491 shares and - Seri B - 98.403.261.491 saham dan 22,645,007,833 shares as of

22.645.007.833 saham masing-masing December 31, 2011 and 2010, pada tanggal 31 Desember 2011 dan 2010 27 6.943.750.317.250 3.155.837.634.350 respectively

Tambahan modal disetor - bersih 2n,28 722.192.442.078 726.701.293.722 Additional paid-up capital - net Obligasi wajib konversi 2h,29 2.003.520.329.159 - Mandatory convertible bonds Saldo laba (defisit) Retained earnings (deficit)

Ditentukan penggunaannya 100.000.000 100.000.000 Appropriated Tidak ditentukan penggunaannya (6.402.057.883.694) (4.002.121.801.549) Unappropriated

3.267.505.204.793 (119.482.873.477) Kepenti ng an non-peng en d ali 1.466.689.872 - Non-cont rolli n g interest s Jumlah Ekuitas (Defisien si modal) 3.268.971.894.665 (119.482.873.477) Total Equity (Capital Deficiency)

JUMLAH LIABILITAS DAN EKUITAS 12.296.578.650.738 4.483.609.881.543 TOTAL LIABILITIES AND EQUITY




Lihat catatan atas laporan keuangan konsolidasian yang merupakan See accompanying notes to consolidated financial statements bagian yang tidak terpisahkan dari laporan keuangan konsolidasian. which are an integral part of the consolidated financial statements.

-4-

72 Laporan Tahunan 2011 PT Smartfren Telecom Tbk




PT SMAR TFR E N TELEC OM Tbk (Dahulu PT Mobil e-8 Telecom Tbk) PT SMAR TFR E N TELEC OM Tbk (Form e rl y PT Mobil e-8 Telecom Tbk) DAN ANAK PERUSAH A AN AND ITS SUBSIDIA RI ES Laporan Rugi Komprehensi f Konsoli dasi an Consoli dated Statem ents of Comprehensi ve Loss Untuk Tahun-tahun yang Berakhi r 31 Desem be r 2011 dan 2010 For the Years Ended Decem ber 31, 2011 and 2010


Rp Rp

PENDA PATA N USAHA - BERSIH 2e,2p,30,4 3 954.331.0 88 .4 6 0 376.511. 37 7. 56 7 OPER ATI N G REVEN U ES - NET

BEBAN USAHA 2p OPER ATI N G EXPEN SES Opera si, pemelihara an dan jasa Operatio n s, maintenan ce and

telekomu ni ka si 31 1.257.581. 2 93 .5 8 2 470.604.3 64 .0 1 0 telecommu ni ca tion service s Penyusuta n dan amortisa si 2k,12,1 3, 32 1.051.060. 7 04 .0 7 9 357.973.6 34 .6 3 9 Deprecia tio n and amortizati o n Penjualan dan pemasara n 33 448.735.7 63 .6 7 9 223.438.0 37 .9 0 3 Sales and marketi ng Karyaw a n 3,34,37 338.760.6 81 .4 3 6 140.794.0 38 .2 9 5 Personn el Umum dan administra si 35 79.820.68 4. 86 6 51.965.80 7. 95 7 General and administra tive

Jumlah Beban Usaha 3.175.959. 1 27 .6 4 2 1.244.775. 8 82 .8 0 4 Total Operati ng Expense s

RUGI USAHA (2.221.6 2 8. 03 9. 1 8 2) (868.26 4. 50 5. 2 3 7) LOSS FROM OPER ATI ON S

PENGHA SI LA N (BEBA N) LAIN-LAI N OTHER INCOME (EXPEN SES) Keuntunga n (kerugia n ) penjualan dan Gain (loss) on sale and disposal of

penghapu sa n aset tetap 2k,12 56.245.35 3. 02 6 (6.991.2 8 9. 75 7 ) propert y and equipment Keuntunga n (kerugi an ) bersih transa ksi Net gain (loss) on derivative

derivatif 2h,47 46.602.42 0. 89 0 (25.945. 8 12 .0 3 4 ) transactio n s Penghasilan bunga 3.623.285. 5 51 567.026. 111 Interest income

Interest expense and other Beban bunga dan keuanga n lainnya 36 (347.42 5. 72 9. 7 1 6) (497.94 0. 72 0. 3 8 9) financial charges Kerugian atas pelunasan utang - bersih 2h,24 (48.492. 1 82 .4 7 9 ) - Loss on extinguish me nt of debt - net Kerugian dari perubah an nilai wajar Loss on change in fair value of

opsi konversi 2h,24 (22.322. 2 10 .2 5 0 ) - conversi on option Keuntunga n (kerugi an ) kurs mata uang

asing - bersih 2d (20.734. 1 89 .4 6 4 ) 65.753.99 5. 31 9 Gain (loss) on foreign exchan ge - net Kerugian dari investa si 6 (4.777.2 2 0. 12 2 ) (19.349. 2 69 .9 7 8 ) Loss from investm ent s Amortisa si goodwill 2m,13 - (11.451 .9 5 8. 22 4 ) Amortizatio n of goodwill Lain-lain - bersih (90.586. 5 05 .7 7 9 ) (141.41 0. 69 0 ) Others - net

Beban Lain-l ai n - Bersi h (427.86 6. 97 8. 3 4 3) (495.49 9. 43 9. 6 4 2) Other Expens es - Net

RUGI SEBELU M PAJA K (2.649.4 9 5. 01 7. 5 2 5) (1.363.7 6 3. 94 4. 8 7 9) LOSS BEFOR E TAX

PENGHA SI LA N (BEBA N) PAJA K 2s,3,38 TAX BENEFI T (EXPEN S E) Pajak kini - (479.69 8. 36 2 ) Curren t tax Pajak tangguhan 249.247.4 26 .9 11 (37.569. 8 42 .8 4 3 ) Deferred tax

Jumlah 249.247.4 26 .9 11 (38.049. 5 41 .2 0 5 ) Total

RUGI TAHUN BERJA LA N (2.400.2 4 7. 59 0. 6 1 4) (1.401.8 1 3. 48 6. 0 8 4) NET LOSS FOR THE YEAR

PENDA PATA N KOMPR EH EN SI F LAIN - - OTHER COMPR EH EN SI V E INCOME

JUMLA H RUGI KOMPR E H EN SI F (2.400.2 4 7. 59 0. 6 1 4) (1.401.8 1 3. 48 6. 0 8 4) TOTAL COMPR EH EN SI VE LOSS

Rugi bersi h/ rugi komprehe nsi f yang Net loss/ com prehe nsi v e loss dapat diatri busi k an kepada: attributabl e to:

Pemilik perusah aa n (2.399.9 3 6. 08 2. 1 4 5) (1.401.8 1 3. 48 6. 0 8 4) Owners of the Compan y Kepentinga n non-peng en d ali (311.50 8. 4 69 ) - Non-co nt rollin g interests

(2.400.2 4 7. 59 0. 6 1 4) (1.401.8 1 3. 48 6. 0 8 4)

RUGI PER SAHAM DASAR 2t,40 (15,89) (38,89) BASIC LOSS PER SHARE




Lihat catatan atas laporan keuanga n konsolida si an yang merupa ka n See accomp an yi ng notes to consolidat ed financial statement s bagian yang tidak terpisah ka n dari laporan keuanga n konsolida si an . which are an integral part of the consolidate d financial statement s.

-5-

Annual Report 2011 PT Smartfre n Telecom Tbk

73







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PT SMARTFREN TELECO M Tbk (Dahulu PT Mobile-8 Telecom Tbk) PT SMARTFREN TELECO M Tbk (Formerl y PT Mobile-8 Telecom Tbk) DAN ANAK PERUSAHAAN AND ITS SUBSIDIARIES Laporan Arus Kas Konsolidasi an Consolidat ed Statem ent s of Cash Flows Untuk Tahun-t ah un yang Berakhi r 31 Desemb er 2011 dan 2010 For the Years Ended December 31, 2011 and 2010

2011 2010

Rp Rp

ARUS KAS DARI AKTIVITAS OPERASI CASH FLOWS FROM OPERATIN G ACTIVITIES P enerim aan kas dari pelanggan 1.132.068.826.541 366.709.665.234 Cash receipts from custom ers P em bayaran kas kepada pem asok (1 .642.815.152.196) (1 .062.467.052.850) Cash paid to suppl iers P em bayaran kas kepada karyawan (324.229.332.200) (78.940.179.363) Cash paid to em ployees

K as digunakan untuk operasi (834.975.657.855) (774.697.566.979) Net cash used in operations P enerim aan resti tusi pajak 227.467.937.300 34.244.567.400 Cash receipts from tax re fund P enerim aan bunga 3.623.285.551 565.983.982 In terest received P em bayaran pajak penghasi lan (11.344.036.899) (478.588.122) Incom e tax paid P em bayaran beban bunga dan keuangan (144.501.148.138) (234.167.115.016) In terest expense and financia l charges paid

K as B ersih Digunakan untuk A ktivi tas Operasi (759.729.620.041) (974.532.718.735) Net Cash Used in Operating A ctivi ties

ARUS KAS DARI AKTIVITAS INVESTA SI NET CASH FLOWS FROM INVESTIN G ACTIVITIES Hasi l bersih penjua lan aset te tap 400.012.514.009 57.818.182 Net proceeds from sale of property and equipm ent A rus kas dari akuisisi anak perusahaan 51.704.317.281 - Cash flow from acquisi tion of subsid iary P erolehan aset te tap (1 .556.505.552.127) (104.987.477.447) A cquisi tions of property and equipm ent P em bayaran uang m uka (525.383.516.206) - P aym ent for advances K api ta l isasi pem bayaran bunga ke aset te tap (56.660.771.804) - In terest paid capi ta l ized to property and equipm ent P erolehan aset tidak berwujud (4 .844.162.655) - A cquisi tions of in tangib le assets P encai ran investasi jangka pendek 21.511.000.047 153.832.115.858 P roceeds from redem ption of short-term investm ents

K as B ersih Dipero leh dari (Digunakan untuk) Net Cash P rovided by (Used in ) Investing A ktivi tas Investasi (1 .670.166.171.455) 48.902.456.593 A ctivi ties

ARUS KAS DARI AKTIVITAS PENDANAAN CASH FLOWS FROM FINANCING ACTIVITIES P enerim aan dari penerb i tan obl igasi P roceeds from i ssuance of m andatory

waj ib konversi 2.400.000.000.000 - convertib le bonds P enerim aan dari fasi l i tas pin jam an 1.676.235.620.958 - P roceeds from loan faci l i ties P enerim aan dari pin jam an jangka pendek 500.000.000.000 948.000.000.000 P roceeds from short-term loans P enerim aan bersih dari penerb i tan saham 14.874.873.600 - Net proceeds from i ssuance of shares of stock P em bayaran pin jam an jangka pendek (1 .028.000.000.000) - Repaym ent of short-term loan P em bayaran untuk fasi l i tas pin jam an (864.339.264.128) - P aym ent for loan faci l i ties P em bayaran atas utang sewa pem biayaan (58.136.299.665) (25.472.677.545) P aym ent of lease l iab i l i ties P em bayaran untuk biaya em isi saham (4 .508.851.644) - P aym ent for shares i ssuance costs

K as B ersih Dipero leh dari A ktivi tas P endanaan 2.636.126.079.121 922.527.322.455 Net Cash P rovided by Financing A ctivi ties

KENAIKAN (PENURUNAN) BERSIH KAS DAN NET INCREASE (DECREASE ) IN CASH AND SETARA KAS 206.230.287.625 (3 .102.939.687) CASH EQUIVALEN T S

CASH AND CASH EQUIVALE NT S KAS DAN SETARA KAS AWAL TAHUN 20.713.167.168 23.839.414.781 AT THE BEGINNING OF THE YEAR P engaruh perubahan kurs m ata uang asing 399.847.786 (23.307.926) E ffect of fore ign exchange ra te changes

CASH AND CASH EQUIVALE NT S AT THE KAS DAN SETARA KAS AKHIR TAHUN 227.343.302.579 20.713.167.168 END OF THE YEAR

PENGUNGKA PA N TAMBAHAN A ktivi tas investasi dan pendanaan yang tidak SUPPLE ME N TAL DISCLOSURE S

m em pengaruhi kas: Noncash investing and financing activi ties: K enaikan m odal m ela lu i (Catatan 26): Increase in capi ta l through (Note 26):

P enerb i tan saham 3.769.362.809.300 - Issuance of shares K onversi utang ke m odal 3.675.000.000 - Debt to equi ty conversion

K enaikan aset te tap m ela lu i (Catatan 12): Increase in property and equipm ent through (Note 12): Uang m uka 489.173.896.107 - A dvances Utang usaha 129.824.087.713 217.247.880.253 A ccounts payable K api ta l isasi bunga 13.387.155.871 - Capi ta l ization of in terest Utang sewa pem biayaan 581.370.337 3.666.932.128 Lease l iab i l i ties

P em bayaran utang m ela lu i penerb i tan saham Conversion of l iab i l i ties in to shares of stock (Catatan 27 dan 28) - 493.962.139.009 (Notes 27 and 28)

Yani Mulyani, 2014



Lihat catatan atas laporan keuangan konsol idasian yang m erupakan S ee accom panying notes to consol idated financia l statem ents bagian yang tidak terp isahkan dari laporan keuangan konsol idasian. which are an in tegra l part of the consol idated financia l statem ents.

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PT SMARTFR E N TELECO M Tbk PT SMARTFR E N TELECO M Tbk DAN ENTITAS ANAK AND ITS SUBSIDIARI E S Laporan Posisi Keuang an Konsolidasi an Consolid at ed Statement s of Financi al Position 31 Desemb er 2012 dan 2011 Decemb er 31, 2012 and 2011 (Angka- an g ka Disajikan dalam Rupiah, kecuali Dinyatak an Lain) (Figures are Presen t ed in Rupiah, unless Otherwi se Stated)

Catatan / Notes 2012 2011

ASET ASSETS

ASET LANCAR CURRENT ASSETS Kas dan setara kas 2d,2e,2f,2g,3,5,25,41,42 141.301.222.795 227.343.302.579 Cash and cash equivalents Piutang usaha 2d,2g,3,6,25,42 Trade accounts receivable

Pihak berelasi 2e,41 7.875.369.621 4.166.982.048 Related parties Pihak ketiga - setelah dikurangi penyisihan Third parties - net of allowance for

piutang ragu-ragu masing-masing sebesar doubtful accounts of Rp 36,787,287,640 Rp 36.787.287.640 dan Rp 33.544.215.362 and Rp 33,544,215,362 as of pada tanggal 31 Desember 2012 dan 2011 36.452.154.553 28.026.359.136 December 31, 2012 and 2011, respectively

Piutang lain-lain 2d,2e,2g,3,25,42 Other accounts receivable Pihak berelasi 2e,41 2.503.790.685 - Related parties Pihak ketiga 34.053.703.614 27.104.617.750 Third parties

Persediaan - setelah dikurangi penyisihan penurunan nilai persediaan masing-masing Inventories - net of allowance for decline in value sebesar Rp 3.745.048.351 dan of Rp 3,745,048,351 and Rp 14,001,338,567 Rp 14.001.338.567 pada tanggal as of December 31, 2012 and 2011, 31 Desember 2012 dan 2011 2h,3,7 350.892.993.093 186.833.640.795 respectively

Pajak dibayar dimuka 2r,8 181.179.354.322 138.592.159.993 Prepaid taxes Biaya dibayar dimuka 2i,9 63.230.864.263 56.113.471.863 Prepaid expenses Aset lancar lain-lain 10 35.497.343.577 126.348.708.773 Other current assets Jumlah Aset Lancar 852.986.796.523 794.529.242.937 Total Current Assets

ASET TIDAK LANCAR NON-CURREN T ASSETS Aset pajak tangguhan - bersih 2r,3,37 841.985.421.800 593.470.400.574 Deferred tax assets - net Aset tetap - setelah dikurangi Property and equipment - net of accumulated

akumulasi penyusutan masing-masing sebesar depreciation of Rp 3,502,611,192,887 and Rp 3.502.611.192.887 dan Rp 2.680.642.002.683 2j,2k,2n,2p, Rp 2,680,642,002,683 as of December 31, pada tanggal 31 Desember 2012 dan 2011 3,11,22,23,31 9.841.051.649.747 8.872.642.077.323 2012 and 2011, respectively

Goodwill dan aset takberwujud lainnya - Goodwill and other intangible assets - setelah dikurangi amortisasi masing-masing net of accumulated amortization of sebesar Rp 974.416.103.347 dan Rp 974,416,103,347 and Rp 757,006,379,144 Rp 757.006.379.144 pada tanggal as of December 31, 2012 and 2011 31 Desember 2012 dan 2011 2l,2n,3,12,31 1.537.522.350.999 1.575.448.150.699 respectively

Uang muka jangka panjang 13 1.190.716.578.692 272.880.559.307 Long-term advances Biaya dibayar dimuka jangka panjang 2i,9 22.419.368.755 27.300.030.010 Long-term prepaid expenses Aset lain-lain 14 53.124.824.299 160.308.189.888 Other assets Jumlah Aset Tidak Lancar 13.486.820.194.292 11.502.049.407.801 Total Non-curren t Assets

JUMLAH ASET 14.339.806.990.815 12.296.578.650.738 TOTAL ASSETS

Lihat catatan atas laporan keuangan konsolidasian yang merupakan See accompanying notes to consolidated financial statements

Yani Mulyani, 2014



bagian yang tidak terpisahkan dari laporan keuangan konsolidasian. which are an integral part of the consolidated financial statements.

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PT SMARTFR E N TELECO M Tbk PT SMARTFR E N TELECO M Tbk DAN ENTITAS ANAK AND ITS SUBSIDIARI E S Laporan Posisi Keuang an Konsolidasi an Consolid at ed Statement s of Financi al Position 31 Desemb er 2012 dan 2011 Decemb er 31, 2012 and 2011 (Angka- an g ka Disajikan dalam Rupiah, kecuali Dinyatak an Lain) (Figures are Presen t ed in Rupiah, unless Otherwi se Stated)

Catatan / Notes 2012 2011



LIABILITAS LANCAR CURRENT LIABILITIE S Utang usaha 2d,2g,3,15,25,42 Trade accounts payable

Pihak berelasi 2e,41 - 106.854.562.968 Related parties Pihak ketiga 308.425.972.564 438.226.628.855 Third parties

Pinjaman jangka pendek 2e,2g,3,16,25,42 - 500.000.000.000 Short-term loans Utang lain-lain 2d,2e,2g,3,17,25,41,42 239.517.110.042 121.700.817.749 Other accounts payable Utang pajak 2r,18 21.783.907.451 23.203.223.807 Taxes payable Beban akrual 2d,2g,3,19,25,42,44 1.556.555.537.519 1.050.836.770.008 Accrued expenses Pendapatan diterima dimuka 2o,20 94.234.792.460 67.099.271.679 Unearned revenues Uang jaminan pelanggan 21 102.473.810.092 54.852.954.807 Deposits from customers Bagian yang jatuh tempo dalam satu tahun: Current portion of:

Utang pinjaman 2d,2g,3,22,25,42 573.661.732.718 679.755.330.942 Loans payable Utang sewa pembiayaan 2g,2k,3,24,25,42 134.196.591.986 57.103.968.848 Lease liabilities



setelah dikurangi bagian yang akan jatuh Long-term portion - net of current tempo dalam waktu satu tahun: portion of: Utang pinjaman 2d,2g,3,22,25,42 3.022.093.232.913 3.119.589.354.471 Loans payable Utang sewa pembiayaan 2g,2k,3,24,25,42 1.498.284.454.629 648.581.558.292 Lease liabilities

Utang obligasi 2d,2g,3,23,25,42 983.466.808.861 899.779.005.155 Bonds payable Liabilitas derivatif 2d,2g,3,23,25,42 643.009.348.654 667.565.757.000 Derivative liability Liabilitas imbalan kerja jangka panjang 2q,3,36 128.565.963.000 108.026.989.000 Long-term employee benefits liability Liabilitas tidak lancar lainnya 2d,2g,3,23,25,28,42 49.129.549.795 484.430.562.492 Other non-current liabilities Jumlah Liabilitas Tidak Lancar 6.324.549.357.852 5.927.973.226.410 Total Non-curren t Liabilities


EKUITAS EQUITY

Ekuitas yang dapat diatribu si kan kepada Equity Attributabl e to the Owners of pemilik entitas the Company Modal saham: Capital stock: 2012 2012

- Seri A - nilai nominal Rp 2.000 per saham - Series A - Rp 2,000 par value per share - Seri B - nilai nominal Rp 1.000 per saham - Series B - Rp 1,000 par value per share - Seri C - nilai nominal Rp 100 per saham - Series C - Rp 100 par value per share

2011 2011 - Seri A - nilai nominal Rp 100 per saham - Series A - Rp 100 par value per share - Seri B - nilai nominal Rp 50 per saham - Series B - Rp 50 par value per share

Modal dasar: Authorized: 2012 2012

- Seri A - 1.011.793.622 saham - Series A - 1,011,793,622 shares - Seri B - 6.793.548.068 saham - Series B - 6,793,548,068 shares - Seri C - 189.528.646.880 saham - Series C - 189,528,646,880 shares

2011 2011 - Seri A - 20.235.872.427 saham - Series A - 20,235,872,427 shares - Seri B - 211.528.255.146 saham - Series B - 211,528,255,146 shares

Modal ditempatkan dan disetor: Issued and paid-up: 2012 2012

- Seri A - 1.011.793.622 saham - Series A - 1,011,793,622 shares - Seri B - 4.920.163.075 saham - Series B - 4,920,163,075 shares - Seri C - 11.863.913.394 saham - Series C - 11,863,913,394 shares

2011 2011 - Seri A - 20.235.872.427 saham - Series A - 20,235,872,427 shares - Seri B - 98.403.261.491 saham 26 8.130.141.658.400 6.943.750.317.250 - Series B - 98,403,261,491 shares

Tambahan modal disetor - bersih 2m,27 717.848.242.163 722.192.442.078 Additional paid-up capital - net Obligasi wajib konversi 2m,28 4.100.000.000.000 2.003.520.329.159 Mandatory convertible bonds Saldo laba (defisit) Retained earnings (deficit)


4.983.201.036.090 3.267.505.204.793

Yani Mulyani, 2014



Kepenti ng an non-peng en d ali 1.207.142.041 1.466.689.872 Non-con trolli n g interest s Jumlah Ekuitas 4.984.408.178.131 3.268.971.894.665 Total Equity

JUMLAH LIABILITAS DAN EKUITAS 14.339.806.990.815 12.296.578.650.738 TOTAL LIABILITIES AND EQUITY Lihat catatan atas laporan keuangan konsolidasian yang merupakan See accompanying notes to consolidated financial statements bagian yang tidak terpisahkan dari laporan keuangan konsolidasian. which are an integral part of the consolidated financial statements.

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PT SMAR T FR E N TELEC OM Tbk PT SMAR T FR E N TELEC OM Tbk DAN ENTITA S ANAK AND ITS SUBSID IA RI E S Lapora n Rugi Kompre hensif Konsoli dasi an Consol ida ted Statem e nts of Comprehe nsi v e Loss Untuk Tahun-ta hun yang Berakhi r 31 Desem ber 2012 dan 2011 For the Years Ended Decem be r 31, 2012 and 2011 (Angka-angk a Disaji kan dalam Rupiah, kecuali Dinyatak an Lain) (Figures are Presented in Rupiah , unless Otherwi se Stated)

Catata n/ Notes 2012 2011

PEND A PATA N USAHA - BERSI H 2e,2o,29,41,43 1.649.165.727.254 954.331.088.460 OPER A TI N G REVEN U ES - NET BEBAN USAHA 2o OPER A TI N G EXPEN SES Operasi, pemeliharaan dan jasa Operations, maintenance and

telekomunikasi 2e,30,41 1.486.295.131.387 1.257.581.293.582 telecommunication services Peny usutan dan amortisasi 2j,2l,11,12,31 1.059.905.652.160 1.051.060.704.079 Depreciation and amortization Penjualan dan pemasaran 32 324.591.305.643 448.735.763.679 Sales and marketing Kary awan 2q,33,36 303.696.929.802 338.760.681.436 Personnel Umum dan administrasi 34 77.274.111.826 79.820.684.866 General and administrative

Juml ah Beban Usaha 3.251.763.130.818 3.175.959.127.642 Total Operati ng Expense s

RUGI USAHA (1.602.597.403.564) (2.221.628.039.182) LOSS FROM OPER ATI ON S

PENGH A SI LA N (BEBA N ) LAIN-LA I N OTHER INCOME (EXPE N SE S) Keuntungan (kerugian) atas pelunasan Gain (loss) on extinguishment

utang 2g,23,28 301.010.317.214 (48.492.182.479) of debt Keuntungan atas restrukturisasi Gain on restructuring of mandatory

obligasi wajib konversi 2g,23,28 46.562.196.173 - conv ertible bonds Keuntungan (kerugian) dari perubahan Gain (loss) on change in fair value of

nilai wajar opsi konversi 2g,23 24.556.408.346 (22.322.210.250) conv ersion option Penghasilan bunga 11.089.581.825 3.623.285.551 Interest income Keuntungan penjualan dan penghapusan Gain on sale and disposal of

aset tetap 2j,11 1.710.846.425 56.245.353.026 property and equipment Interest expense and other

Beban bunga dan keuangan lainnya 2k,2p,35 (367.979.998.582) (347.425.729.716) f inancial charges Kerugian kurs mata uang asing - bersih 2d (115.013.226.330) (20.734.189.464) Loss on foreign exchange - net Keuntungan transaksi derivatif 46 - 46.602.420.890 Gain on derivative transactions Kerugian dari investasi - (4.777.220.122) Loss from investments Lain-lain - bersih (110.944.271.343) (90.586.505.779) Others - net

Beban Lain-l ai n - Bersi h (209.008.146.272) (427.866.978.343) Other Expens es - Net

RUGI SEB ELU M PAJA K (1.811.605.549.836) (2.649.495.017.525) LOSS BEFOR E TAX

PENGH A SI LA N PAJA K 2r,3,37 TAX BENEFI T Pajak kini - - Current tax Pajak tangguhan 248.515.021.226 249.247.426.911 Def erred tax

Juml ah 248.515.021.226 249.247.426.911 Total

RUGI TAHU N BERJA LA N (1.563.090.528.610) (2.400.247.590.614) NET LOSS FOR THE YEAR

PEND A PATA N KOMPR EH E N SI F LAIN - - OTHER COMPR EH E N SI V E INCOME

JUMLA H RUGI KOMPR E H EN SI F (1.563.090.528.610) (2.400.247.590.614) TOTAL COMPR E H EN SI V E LOSS

Rugi bersi h/ rug i komprehe nsi f yang Net loss/ com pre hensi v e loss

dapat diatri busi ka n kepada: attri buta bl e to: Pemilik perusahaan (1.562.830.980.779) (2.399.936.082.145) Owners of the Company Kepentingan non-pengendali (259.547.831) (311.508.469) Non-controlling interests

(1.563.090.528.610) (2.400.247.590.614)

RUGI PER SAHA M DASAR 2s,39 (28,74) (317,74) BASIC LOSS PER SHARE

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PT SMART F R E N TELECO M Tbk DAN ENTIT AS ANAK PT SMART F R E N TELECO M Tbk AND ITS SUBS I D I ARI E S Lapor an Perub ah an Ekuita s Konso l id a si an Conso l i d ated Statem en ts of Chang es in Equity Untuk Tahun-tah un yang Berakh ir 31 Desem b er 2012 dan 2011 For the Years Ended Decem b er 31, 2012 and 2011 (Ang ka-an g k a Disaj i ka n dalam Rupiah, kecu al i Dinyata kan Lain) (Figur es are Presen te d in Rupiah , unless Oth er wi s e Stated )

Ekuitas yang Dapat Diatr ib u si k an kepad a Pemi li k Entitas Induk/ Equity Attri b u tab l e to the Own er s of the Comp an y

Oblig asi wajib Saldo Laba (Defi si t)/ Modal Ditem p a tkan Tamb ah a n konver s i/ Retai n ed Earnin g s (Defi ci t) Kepenti ng an Jumlah Ekuitas

dan Diseto r / Modal Diseto r/ Mand a to r y Diten tu k an Tidak Diten tu ka n non-p en g en d al i / (Defi si en si Modal )/ Catatan / Issu ed and Additio n al paid-u p Conver ti b l e Pengg u n aan n ya / Pengg u n aan n ya / Juml ah / Non-co n tro l l in g Total Equity

Notes Paid Up Capi tal capita l Bonds Appropr i a ted Unapp ro p ri a ted Total inter ests (Cap i tal Defi ci en c y)

Saldo pada tanggal 1 Januari 2011 3.155.837 . 63 4 .3 50 726.701.2 9 3. 72 2 - 100.000.0 0 0 (4.002.12 1. 80 1 .5 49 ) (119.482.8 73 . 47 7) - (119.482.8 73 . 47 7) Balance as of January 1, 2011 Penerbit an modal saham selama tahun berjalan Issuan c e of shares of stoc k

melalui PUT I 26 3.784.23 7 .6 82 . 90 0 - - - - 3.784.23 7 .6 82 . 90 0 - 3.784.23 7 .6 82 . 90 0 through Right Issue I Biaya emisi saham 2m - (4.508.85 1 .6 44 ) - - - (4.508.85 1 .6 44 ) - (4.508.85 1 .6 44 ) Share issuanc e costs

Penerbit an modal saham selama tahun berjalan Issuan c e of shares of stoc k berasal dari konversi utang 23 3.675.00 0 .0 00 - - - - 3.675.00 0 .0 00 - 3.675.00 0 .0 00 from debt to equity convers io n

Obligasi wajib konvers i 2g,28 - - 2.003.52 0 .3 29 . 15 9 - - 2.003.52 0 .3 29 . 15 9 - 2.003.52 0 .3 29 . 15 9 Mandator y convert ib le bonds

Kepenti ng a n non-penge n da li atas anak perusahaa n yang diakuisi si 2c,4 - - - - - - 1.778.198 . 34 1 1.778.198 . 34 1 Non-con tr oll in g interest s in an acquired subsidia r y

Jumlah rugi kompreh en s i f - - - - (2.399.93 6. 08 2 .1 45 ) (2.399.93 6. 08 2 .1 45 ) (311.508.4 69) (2.400.24 7. 59 0 .6 14 ) Total comprehe n si v e loss

Saldo per 31 Dese m ber 2011 6.943.75 0 .3 17 . 25 0 722.192. 44 2 .0 7 8 2.003.52 0 .3 29 . 15 9 100.000. 00 0 (6.402.05 7 .8 83 . 69 4) 3.267.50 5 .2 04 . 79 3 1.466.68 9 .8 72 3.268.97 1 .8 94 . 66 5 Balance as of Decem be r 31, 2011

Penerbit an modal saham 1.750 450 - - - 2.200 - 2.200 Issuan c e of shares of stoc k

Penerbit an modal saham selama tahun berjalan Issuan c e of shares of stoc k melalui PUT II 26 1.186.39 1 .3 39 . 40 0 - - - - 1.186.39 1 .3 39 . 40 0 - 1.186.39 1 .3 39 . 40 0 through Right Issue II

Biaya emisi saham 2m,27 - (4.344.20 0 .3 65 ) - - - (4.344.20 0 .3 65 ) - (4.344.20 0 .3 65 ) Share issuanc e costs

Restru k tu r i s a si obligasi wajib konversi 2g,28 - - 396.479.6 7 0. 84 1 - - 396.479.6 7 0. 84 1 - 396.479.6 7 0. 84 1 Restru c tu r in g of mandator y converti bl e bonds

Penerbita n obligasi wajib konvers i 2g,28 - - 1.700.000 . 00 0 .0 00 - - 1.700.000 . 00 0 .0 00 - 1.700.000 . 00 0 .0 00 Issuan c e of mandator y convert ib le bonds

Jumlah rugi kompreh en s i f - - - - (1.562.83 0. 98 0 .7 79 ) (1.562.83 0. 98 0 .7 79 ) (259.547. 83 1) (1.563.09 0. 52 8 .6 10 ) Total comprehe n si v e loss


Yani Mulyani, 2014



Lihat catatan atas laporan keuangan konsoli da s i an yang merupaka n See accomp an y in g notes to consoli da t ed financial stateme nt s bagian yang tidak terpisah ka n dari laporan keuangan konsolid a si a n. which are an integral part of the consolid a te d financia l statem en t s .

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PT SMARTFR EN TELECO M Tbk PT SMARTFR EN TELECO M Tbk DAN ENTITAS ANAK AND ITS SUBSIDIARIE S Laporan Arus Kas Konsolid asi an Consolid at ed Statement s of Cash Flows Untuk Tahun-t ahu n yang Berakhi r 31 Desemb er 2012 dan 2011 For the Years Ended Decemb er 31, 2012 and 2011 (Angka- ang ka Disajikan dalam Rupiah, kecuali Dinyatakan Lain) (Figures are Present ed in Rupiah, unless Otherwi se Stated)

2012 2011

ARUS KAS DARI AKTIVITAS OPERASI CASH FLOWS FROM OPERATIN G ACTIVITIES Penerimaan kas dari pelanggan 2.512.683.049.555 1.132.068.826.541 Cash receipts from customers Pembayaran kas kepada pemasok (2.363.805.066.546) (1.642.815.152.196) Cash paid to suppliers Pembayaran kas kepada karyawan (311.775.349.081) (324.229.332.200) Cash paid to employees

Kas digunakan untuk operasi (162.897.366.072) (834.975.657.855) Net cash used in operations Penerimaan restitusi pajak 119.284.705.628 227.467.937.300 Cash receipts from tax refund Penerimaan bunga 11.089.581.825 3.623.285.551 Interest received Pembayaran pajak penghasilan (18.844.795.503) (11.344.036.899) Income tax paid Pembayaran beban bunga dan keuangan (370.234.460.619) (144.501.148.138) Interest expense and financial charges paid

Kas Bersih Digunakan untuk Aktivitas Operasi (421.602.334.741) (759.729.620.041) Net Cash Used in Operating Activities

ARUS KAS DARI AKTIVITAS INVESTA SI NET CASH FLOWS FROM INVESTIN G ACTIVITIE S Hasil bersih penjualan aset tetap 14.120.649.752 400.012.514.009 Net proceeds from sale of property and equipment Penerimaan dari klaim asuransi 88.350.000 - Proceeds from insurance claims Perolehan aset tetap (491.701.340.979) (1.556.505.552.127) Acquisitions of property and equipment Pembayaran uang muka (984.934.483.407) (525.383.516.206) Payment for advances Kapitalisasi pembayaran bunga ke aset tetap (56.761.275.873) (56.660.771.804) Interest paid capitalized to property and equipment Perolehan aset tidak berwujud (723.656.490) (4.844.162.655) Acquisitions of intangible assets Arus kas dari akuisisi entitas anak - 51.704.317.281 Cash flow from acquisition of subsidiary Pencairan investasi jangka pendek - 21.511.000.047 Proceeds from redemption of short-term investments

Kas Bersih Digunakan untuk Aktivitas Investasi (1.519.911.756.997) (1.670.166.171.455) Net Cash Used in Investing Activities

ARUS KAS DARI AKTIVITAS PENDANAAN CASH FLOWS FROM FINANCING ACTIVITIE S Penerimaan dari penerbitan obligasi Proceeds from issuance of mandatory

wajib konversi 1.700.000.000.000 2.400.000.000.000 convertible bonds Penerimaan bersih dari penerbitan saham 1.186.391.341.150 14.874.873.600 Net proceeds from issuance of shares of stock Penerimaan dari fasilitas pinjaman 801.415.404.376 1.676.235.620.958 Proceeds from loan facilities Penerimaan dari tambahan modal disetor 450 - Proceeds from paid in capital Pembayaran untuk biaya emisi saham (4.344.200.365) (4.508.851.644) Payment for shares issuance costs Pembayaran atas utang sewa pembiayaan (116.675.269.470) (58.136.299.665) Payment of lease liabilities Pembayaran pinjaman jangka pendek (500.000.000.000) (1.028.000.000.000) Repayment of short-term loan Pembayaran untuk fasilitas pinjaman (1.211.599.479.313) (864.339.264.128) Payment for loan facilities Penerimaan dari pinjaman jangka pendek - 500.000.000.000 Proceeds from short-term loans

Kas Bersih Diperoleh dari Aktivitas Pendanaan 1.855.187.796.828 2.636.126.079.121 Net Cash Provided by Financing Activities

KENAIKAN (PENURUNAN ) BERSIH KAS DAN NET INCREASE (DECREAS E) IN CASH AND SETARA KAS (86.326.294.910) 206.230.287.625 CASH EQUIVALE NT S

CASH AND CASH EQUIVAL EN T S KAS DAN SETARA KAS AWAL TAHUN 227.343.302.579 20.713.167.168 AT THE BEGINNING OF THE YEAR Pengaruh perubahan kurs mata uang asing 284.215.126 399.847.786 Effect of foreign exchange rate changes

CASH AND CASH EQUIVAL EN T S AT THE KAS DAN SETARA KAS AKHIR TAHUN 141.301.222.795 227.343.302.579 END OF THE YEAR

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PT SMARTFR EN TELECO M Tbk PT SMARTFR EN TELECO M Tbk DAN ENTITAS ANAK AND ITS SUBSIDIARIE S Laporan Posisi Keuang an Konsolidasi an Consolid at ed Statement s of Financi al Position 31 Desemb er 2013 dan 2012 Decemb er 31, 2013 and 2012 (Angka- an g ka Disajikan dalam Rupiah, kecuali Dinyatakan Lain) (Figures are Present ed in Rupiah, unless Otherwi s e Stated)


ASET ASSETS

ASET LANCAR CURRENT ASSETS Kas dan setara kas 4,24,25,41,42 915.087.107.062 141.301.222.795 Cash and cash equivalents Piutang usaha 5,24,41,42 Trade accounts receivable

Pihak berelasi 6.653.428.323 7.875.369.621 Related parties Pihak ketiga - setelah dikurangi cadangan kerugian Third parties - net of allowance for

penurunan nilai masing-masing sebesar impairment of Rp 41,028,192,290 and Rp 41.028.192.290 dan Rp 36.787.287.640 Rp 36,787,287,640 as of December 31, 2013 pada tanggal 31 Desember 2013 dan 2012 104.534.447.241 36.452.154.553 and 2012, respectively

Piutang lain-lain 24,41,42 Other accounts receivable Pihak berelasi 3.694.733.256 2.503.790.685 Related parties Pihak ketiga 85.668.487.881 34.053.703.614 Third parties

Persediaan - setelah dikurangi cadangan kerugian penurunan nilai persediaan masing-masing Inventories - net of allowance for decline in value sebesar Rp 2.385.304.777 dan of Rp 2,385,304,777 and Rp 3,745,048,351 Rp 3.745.048.351 pada tanggal as of December 31, 2013 and 2012, 31 Desember 2013 dan 2012 6 343.822.470.348 350.892.993.093 respectively

Pajak dibayar dimuka 7 233.401.074.881 181.179.354.322 Prepaid taxes Biaya dibayar dimuka 8 289.639.942.056 63.230.864.263 Prepaid expenses Aset lancar lain-lain 9 31.793.712.621 35.497.343.577 Other current assets Jumlah Aset Lancar 2.014.295.403.669 852.986.796.523 Total Current Assets

ASET TIDAK LANCAR NON-CURREN T ASSETS Aset pajak tangguhan - bersih 37 1.015.581.195.698 841.985.421.800 Deferred tax assets - net Aset tetap - setelah dikurangi Property and equipment - net of accumulated

akumulasi penyusutan masing-masing sebesar depreciation of Rp 4,752,957,827,236 and Rp 4.752.957.827.236 dan Rp 3.502.611.192.887 Rp 3,502,611,192,887 as of pada tanggal 31 Desember 2013 dan 2012 10,21,22,30 9.268.792.260.898 9.841.051.649.747 December 31, 2013 and 2012, respectively

Goodwill dan aset takberwujud lainnya - Goodwill and other intangible assets - setelah dikurangi amortisasi masing-masing net of accumulated amortization of sebesar Rp 1.166.601.277.540 dan Rp 1,166,601,277,540 and Rp 974,416,103,347 Rp 974.416.103.347 pada tanggal as of December 31, 2013 and 2012, 31 Desember 2013 dan 2012 11,30 1.555.326.418.015 1.537.522.350.999 respectively

Uang muka jangka panjang 12,24,42 1.956.958.433.229 1.190.716.578.692 Long-term advances Biaya dibayar dimuka jangka panjang 8 21.165.944.058 22.419.368.755 Long-term prepaid expenses Aset lain-lain 13 34.373.773.990 53.124.824.299 Other assets Jumlah Aset Tidak Lancar 13.852.198.025.888 13.486.820.194.292 Total Non-current Assets

JUMLAH ASET 15.866.493.429.557 14.339.806.990.815 TOTAL ASSETS

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PT SMARTFR EN TELECO M Tbk PT SMARTFR EN TELECO M Tbk DAN ENTITAS ANAK AND ITS SUBSIDIARIE S Laporan Posisi Keuang an Konsolidasi an Consolid at ed Statement s of Financi al Position 31 Desemb er 2013 dan 2012 Decemb er 31, 2013 and 2012 (Angka- an g ka Disajikan dalam Rupiah, kecuali Dinyatakan Lain) (Figures are Present ed in Rupiah, unless Otherwi s e Stated)




LIABILITAS LANCAR CURRENT LIABILITIE S Pinjaman jangka pendek 15,24,42 1.997.777.100.000 - Short-term loans Utang usaha - Pihak ketiga 14,24,25,42 436.095.921.473 308.425.972.564 Trade accounts payable - Third parties Utang lain-lain 16,24,41,42 298.831.250.947 239.517.110.042 Other accounts payable Utang pajak 17 10.093.976.941 21.783.907.451 Taxes payable Beban akrual 18,24,42,44 1.631.277.045.320 1.556.555.537.519 Accrued expenses Pendapatan diterima dimuka 19 95.731.934.818 94.234.792.460 Unearned revenues Uang muka pelanggan 20 95.371.767.319 102.473.810.092 Advances from customers Bagian yang jatuh tempo dalam satu tahun: Current portion of:

Utang pinjaman 21,24,25,42 819.894.789.923 573.661.732.718 Loans payable Liabilitas sewa pembiayaan 23,24,42 154.476.644.445 134.196.591.986 Lease liabilities



setelah dikurangi bagian yang akan jatuh Long-term portion - net of current tempo dalam waktu satu tahun: portion of: Utang pinjaman 21,24,25,42 3.852.323.304.771 3.022.093.232.913 Loans payable Liabilitas sewa pembiayaan 23,24,42 1.351.900.942.284 1.498.284.454.629 Lease liabilities

Utang obligasi 22,24,42 1.157.569.990.557 983.466.808.861 Bonds payable Liabilitas derivatif 22,24,42 693.605.795.916 643.009.348.654 Derivative liability Liabilitas imbalan kerja jangka panjang 36 152.664.493.000 128.565.963.000 Long-term employee benefits liability Liabilitas tidak lancar lainnya 22,24,27,42 68.933.522.431 49.129.549.795 Other non-current liabilities Jumlah Liabilitas Tidak Lancar 7.276.998.048.959 6.324.549.357.852 Total Non-curren t Liabilities


EKUITAS EQUITY

Ekuitas yang dapat diatribu si kan kepada Equity Attributabl e to the Owners of pemilik entitas the Company Modal saham: Capital stock:

- Seri A - nilai nominal Rp 2.000 per saham - Series A - Rp 2,000 par value per share - Seri B - nilai nominal Rp 1.000 per saham - Series B - Rp 1,000 par value per share - Seri C - nilai nominal Rp 100 per saham - Series C - Rp 100 par value per share

Modal dasar: Authorized: - Seri A - 1.011.793.622 saham - Series A - 1,011,793,622 shares - Seri B - 6.793.548.068 saham - Series B - 6,793,548,068 shares - Seri C - 189.528.646.880 saham - Series C - 189,528,646,880 shares

Modal ditempatkan dan disetor: Issued and paid-up: - Seri A - 1.011.793.622 saham - Series A - 1,011,793,622 shares - Seri B - 4.920.163.075 saham - Series B - 4,920,163,075 shares - Seri C - 11.863.913.394 saham 25 8.130.141.658.400 8.130.141.658.400 - Series C - 11,863,913,394 shares

Tambahan modal disetor - bersih 26 717.848.242.163 717.848.242.163 Additional paid-up capital - net Obligasi wajib konversi 27 4.700.000.000.000 4.100.000.000.000 Mandatory convertible bonds Saldo laba (defisit) Retained earnings (deficit)


3.049.022.199.065 4.983.201.036.090 Kepenti ng an non-peng en d ali 922.750.347 1.207.142.041 Non-con trolli n g interest s Jumlah Ekuitas 3.049.944.949.412 4.984.408.178.131 Total Equity

JUMLAH LIABILITAS DAN EKUITAS 15.866.493.429.557 14.339.806.990.815 TOTAL LIABILITIES AND EQUITY

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PT SMAR T FR E N TELEC OM Tbk PT SMAR T FR E N TELEC OM Tbk DAN ENTITA S ANAK AND ITS SUBSID IA RI E S Laporan Rugi Komprehensif Konsoli da si a n Consoli dated Statem e nts of Comprehensi ve Loss Untuk Tahun-tahun yang Berakh i r 31 Desem ber 2013 dan 2012 For the Years Ended Decembe r 31, 2013 and 2012 (Angka-a ngk a Disajikan dalam Rupiah, kecuali Dinyataka n Lain) (Figures are Presente d in Rupiah, unless Otherwi se Stated)

Catata n/ Notes 2013 2012

PEND A PA TA N USAHA 28,41,43 2.428.857.501.221 1.649.165.727.254 OPER A TI N G REVEN U ES

BEBAN USAHA OPER A TI N G EXPEN SES Operasi, pemeliharaan dan jasa Operations, maintenance and

telekomunikasi 29,41 1.704.800.861.583 1.486.295.131.387 telecommunication services Peny usutan dan amortisasi 10,11,30 1.481.596.924.839 1.059.905.652.160 Depreciation and amortization Penjualan dan pemasaran 31 404.493.013.933 324.591.305.643 Sales and marketing Kary awan 32 370.219.423.890 303.696.929.802 Personnel Umum dan administrasi 33 78.834.412.214 77.274.111.826 General and administrative Juml ah Beban Usaha 4.039.944.636.459 3.251.763.130.818 Total Operati n g Expense s

RUGI USAHA (1.611.087.135.238) (1.602.597.403.564) LOSS FROM OPER A TI ON S

PENGH A SI LA N (BEBA N ) LAIN-LAI N OTHER INCOME (EXPEN S ES) Penghasilan bunga 13.620.395.747 11.089.581.825 Interest income Keuntungan (kerugian) penjualan dan Gain (loss) on sale and disposal of

penghapusan aset tetap 10 (1.569.593.855) 1.710.846.425 property and equipment Keuntungan (kerugian) dari perubahan Gain (loss) on change in fair value of

nilai wajar opsi konversi 22 (50.596.447.262) 24.556.408.346 conv ersion option Beban bunga dan keuangan lainnya 34 (390.141.608.991) (367.979.998.582) f inancial charges Kerugian kurs mata uang asing - bersih (730.168.154.019) (115.013.226.330) Loss on foreign exchange - net Keuntungan atas pelunasan Gain on extinguishment

utang 22,27 - 301.010.317.214 of debt Keuntungan atas restrukturisasi Gain on restructuring of mandatory

obligasi wajib konversi 22,27 - 46.562.196.173 conv ertible bonds Lain-lain - bersih 35 61.883.541.001 (110.944.271.343) Others - net

Beban Lain-l ai n - Bersi h (1.096.971.867.379) (209.008.146.272) Other Expens es - Net

RUGI SEB ELU M PAJA K (2.708.059.002.617) (1.811.605.549.836) LOSS BEFOR E TAX

PENGH A SI LA N PAJA K TANGGU H A N 37 173.595.773.898 248.515.021.226 DEFERR E D TAX BENEFI T

RUGI TAHU N BERJA LA N (2.534.463.228.719) (1.563.090.528.610) NET LOSS FOR THE YEAR

PEND A PA TA N KOMPR EH EN SI F LAIN - - OTHER COMPR EH E N SI V E INCOME

JUMLA H RUGI KOMPR EH E N SI F (2.534.463.228.719) (1.563.090.528.610) TOTAL COMPR EH EN SI VE LOSS Rugi bersi h/ rug i komprehe nsi f yang Net loss/ com pre hensi v e loss

dapat diatri busi ka n kepada: attri buta bl e to: Pemilik perusahaan (2.534.178.837.025) (1.562.830.980.779) Owners of the Company Kepentingan non-pengendali (284.391.694) (259.547.831) Non-controlling interests

(2.534.463.228.719) (1.563.090.528.610)

RUGI PER SAHA M DASAR 39 (39,98) (33,05) BASIC LOSS PER SHARE

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PT SMART F R E N TELECO M Tbk DAN ENTIT AS ANAK PT SMART F R E N TELECO M Tbk AND ITS SUBS I D I ARI E S Lapor an Perub ah an Ekuita s Konso l id a si an Conso l i d ated Statem en ts of Chang es in Equity Untuk Tahun-tah un yang Berakh ir 31 Desem b er 2013 dan 2012 For the Years Ended Decem b er 31, 2013 and 2012 (Ang ka-an g k a Disaj i ka n dalam Rupiah, kecu al i Dinyata kan Lain) (Figur es are Presen te d in Rupiah , unless Oth er wi s e Stated )

Ekuitas yang Dapat Diatr ib u si k an kepad a Pemi li k Entitas Induk/ Equity Attri b u tab l e to the Own er s of the Comp an y

Oblig asi Wajib Saldo Laba (Defi si t)/ Modal Ditem p a tkan Tamb ah a n Konver s i/ Retai n ed Earnin g s (Defi ci t) Kepenti ng an

dan Diseto r / Modal Diseto r/ Mand a to r y Diten tu k an Tidak Diten tu ka n non-p en g en d al i / Juml ah Ekuita s Catatan / Issu ed and Additio n al Paid-u p Conver ti b l e Pengg u n aan n ya / Pengg u n aan n ya / Juml ah / Non-co n tro l l in g (Defi si en si Modal )/

Notes Paid-u p Capi tal Capi tal Bonds Appropr i a ted Unapp ro p ri a ted Total inter ests Total Equity

Saldo pada tanggal 1 Januari 2012 6.943.75 0 .3 17 . 25 0 722.192. 44 2 .0 7 8 2.003.52 0 .3 29 . 15 9 100.000. 00 0 (6.402.05 7 .8 83 . 69 4) 3.267.50 5 .2 04 . 79 3 1.466.68 9 .8 72 3.268.97 1 .8 94 . 66 5 Balance as of January 1, 2012

Penerbit an modal saham 1.750 450 - - - 2.200 - 2.200 Issuan c e of shares of stoc k

Penerbit an modal saham selama tahun berjalan Issuan c e of shares of stoc k melalui PUT II 25 1.186.39 1 .3 39 . 40 0 - - - - 1.186.39 1 .3 39 . 40 0 - 1.186.39 1 .3 39 . 40 0 through Right Issue II

Biaya emisi saham 26 - (4.344.20 0 .3 65 ) - - - (4.344.20 0 .3 65 ) - (4.344.20 0 .3 65 ) Share issuanc e costs

Restru k tu r i s a si obligasi wajib konversi 27 - - 396.479.6 7 0. 84 1 - - 396.479.6 7 0. 84 1 - 396.479.6 7 0. 84 1 Restru c tu r in g of mandator y converti bl e bonds

Penerbita n obligasi wajib konvers i 27 - - 1.700.000 . 00 0 .0 00 - - 1.700.000 . 00 0 .0 00 - 1.700.000 . 00 0 .0 00 Issuan c e of mandator y convert ib le bonds

Rugi bersih/rugi komprehe n s if - - - - (1.562.83 0. 98 0 .7 79 ) (1.562.83 0. 98 0 .7 79 ) (259.547. 83 1) (1.563.09 0. 52 8 .6 10 ) Net loss/ co m pr eh e n si v e loss


Penerbita n obligasi wajib konvers i 27 - - 600.000.0 0 0. 00 0 - - 600.000.0 0 0. 00 0 - 600.000.0 0 0. 00 0 Issuan c e of mandator y convert ib le bonds

Rugi bersih/rugi komprehe n s if - - - - (2.534.17 8. 83 7 .0 25 ) (2.534.17 8. 83 7 .0 25 ) (284.391. 69 4) (2.534.46 3. 22 8 .7 19 ) Net loss/ co m pr eh e n si v e loss

Saldo per 31 Dese m ber 2013 8.130.14 1 .6 58 . 40 0 717.848. 24 2 .1 6 3 4.700.00 0 .0 00 . 00 0 100.000. 00 0 (10.499. 06 7 .7 0 1. 4 98) 3.049.02 2 .1 99 . 06 5 922.750. 34 7 3.049.94 4 .9 49 . 41 2 Balance as of Decem be r 31, 2013 Lihat catatan atas laporan keuangan konsoli da s i an yang merupaka n See accomp an y in g notes to consoli da t ed financial stateme nt s

Yani Mulyani, 2014



bagian yang tidak terpisah ka n dari laporan keuangan konsolid a si a n. which are an integral part of the consolid a te d financia l statem en t s .

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ANALISIS KINERJA KEUANGAN PERUSAHAAN DENGAN METODE Z-SCORE UNTUK MENGUKUR POTENSI

KEBANGKRUTAN PADA


PT SMARTFR EN TELECO M Tbk PT SMARTFREN TELECO M Tbk DAN ENTITAS ANAK AND ITS SUBSIDIARIE S Laporan Arus Kas Konsolid asi an

Consolid at ed

Statem en t s of Cash Flows Untuk Tahun-t ahu n yang Berakhi r 31 Desemb er 2013 dan 2012

For the Years Ended De

cember 31, 2013 and 2012 (Angka- ang ka Disajikan dalam Rupiah, kecuali Dinyatakan Lain)

(Figures are Present ed in Rupiah,

unless Otherwi se Stated)

2013 2012

ARUS KAS DARI AKTIVITAS OPERASI

CASH FLOWS FROM OPERATIN

G ACTIVITIES Penerimaan kas dari pelanggan 3.954.052.988.796 2.512.683.049.555 Cash receipts from customers Pembayaran kas kepada pemasok (4.086.311.990.635) (2.363.805.066.546) Cash paid to suppliers Pembayaran kas kepada karyawan (307.487.258.847) (311.775.349.081) Cash paid to employees

Kas digunakan untuk operasi (439.746.260.686) (162.897.366.072) Net cash used in operations Penerimaan restitusi pajak 25.023.502.725 119.284.705.628 Cash receipts from tax refund Penerimaan bunga 13.620.395.747 11.089.581.825 Interest received Pembayaran pajak penghasilan (49.653.141.543) (18.844.795.503) Income tax paid Pembayaran beban bunga dan keuangan (406.781.372.787)

(370.234.460.619) Interest expense and financial charges paid

Kas Bersih Digunakan untuk Aktivitas Operasi (857.536.876.544)

(421.602.334.741) Net Cash Used in Operating Activities

ARUS KAS DARI AKTIVITAS INVESTA SI

NET CASH FLOWS FROM INVES

TING ACTIVITIES Hasil bersih penjualan aset tetap 92.472.802.455 14.120.649.752

Net proceeds from sale of property and equipment Pembayaran uang muka (446.499.016.874) (984.934.483.407) Payment for advances Perolehan aset tetap (399.262.928.117)

(491.701.340.979) Acquisitions of property and equipment Kapitalisasi pembayaran bunga ke aset tetap (22.307.112.696)

(56.761.275.873) Interest paid capitalized to property and equipment Perolehan aset tidak berwujud (2.977.810.705) (723.656.490) Acquisitions of intangible assets Penerimaan dari klaim asuransi - 88.350.000 Proceeds from insurance claims

Kas Bersih Digunakan untuk Aktivitas Investasi (778.574.065.937) (1.519.911.756.997) Net Cash Used in Investing Activities

ARUS KAS DARI AKTIVITAS PENDANAAN

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KEBANGKRUTAN PADA


CASH FLOWS FROM FINANCIN

G ACTIVITIES Penerimaan dari fasilitas pinjaman 2.570.220.277.830 801.415.404.376 Proceeds from loan facilities Penerimaan dari penerbitan obligasi

Proceeds from issuance of mand

atory wajib konversi 600.000.000.000 1.700.000.000.000 convertible bonds

Pembayaran atas liabilitas sewa pembiayaan (127.331.253.154) (116.675.269.470) Payment of lease liabilities Pembayaran untuk fasilitas pinjaman (634.178.407.905) (1.211.599.479.313) Payment for loan facilities Penerimaan bersih dari penerbitan saham - 1.186.391.341.150

Net proceeds from issuance of shares of stock Penerimaan dari tambahan modal disetor - 450 Proceeds from paid in capital Pembayaran untuk biaya emisi saham - (4.344.200.365) Payment for shares issuance costs Pembayaran pinjaman jangka pendek - (500.000.000.000) Repayment of short-term loan

Kas Bersih Diperoleh dari Aktivitas Pendanaan 2.408.710.616.771 1.855.187.796.828

Net Cash Provided by Financing Activities

KENAIKAN (PENURUNAN ) BERSIH KAS DAN

NET INCREASE (DECREAS E) IN

CASH AND SETARA KAS 772.599.674.290 (86.326.294.910) CASH EQUIVALE NT S

CASH AND CASH EQUIVAL EN T S KAS DAN SETARA KAS AWAL TAHUN 141.301.222.795 227.343.302.579

AT THE BEGINNING OF THE YEAR Pengaruh perubahan kurs mata uang asing 1.186.209.977 284.215.126

Effect of foreign exchange rate changes

CASH AND CASH EQUIVAL EN T S

AT THE KAS DAN SETARA KAS AKHIR TAHUN 915.087.107.062 141.301.222.795 END OF THE YEAR Lihat catatan atas laporan keuangan konsolidasian yang merupakan

See accompanying notes to consolidated financ

ial statements bagian yang tidak terpisahkan dari laporan keuangan konsolidasian.

Yani Mulyani, 2014


KEBANGKRUTAN PADA


which are an integral part of the consolidated fi

nancial statements.

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Yani Mulyani, 2014


KEBANGKRUTAN PADA


DAFTAR RIWAYAT HIDUP

Nama : Yani Mulyani

Tempat, Tanggal Lahir : Tasikamalaya, 06 Oktober 1989

Jenis Kelamin : Perempuan

Agama : Islam

Status : Belum Menikah

Alamat : Jl. Jenderal Sudirman No.258 RT 02/RW 13 Sindangrasa Kabupaten

Ciamis Kecamatan Ciamis Kode Pos (46215)

Nama Orangtua : 1. Ayah : Undang Suryaman

2. Ibu : Eli Helina, SH

Email : [email protected]

Riwayat Pendidikan : 1. TK Atikan tahun 1994-1995

2. SD Negeri Sindangrasa II tahun 1995-2001

3. SMP Negeri 2 Ciamis tahun 2001-2004

4. SMA Negeri 1 Ciamis tahun 2004-2007

5. Universitas Pendidikan Indonesia Program

Studi Pendidikan Akuntansi tahun 2007-2014

Pengalaman Organisasi : 1. Staf Kompartemen 6 Himadiksi UPI

mailto:[email protected]

Yani Mulyani, 2014


KEBANGKRUTAN PADA


tahun 2008-2009

Catatan/ Notes - UPI | Institutional Repositoryrepository.upi.edu/15266/10/S_PEA_0705667_Appendix.pdf · PT SMARTFREN TELECOM Tbk Universitas Pendidikan Indonesia | repository.upi.edu

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