18. NON-CONTROLLING INTERESTS
The details of non-controlling interests are as follow:
|
|
|
2016 |
|
2017 |
|
Non-controlling interests in net assets of subsidiaries: |
|
|
|
|
|
Telkomsel |
|
20,731 |
|
18,891 |
|
GSD |
|
141 |
|
186 |
|
Metra |
|
208 |
|
115 |
|
TII |
|
33 |
|
172 |
|
Total |
|
21,113 |
|
19,364 |
|
|
|
2015 |
|
2016 |
|
2017 |
|
Non-controlling interests in net income (loss) of subsidiaries: |
|
|
|
|
|
|
|
Telkomsel |
|
7,820 |
|
9,863 |
|
10,632 |
|
GSD |
|
7 |
|
(5) |
|
(5) |
|
Metra |
|
(6) |
|
(39) |
|
(83) |
|
TII |
|
(2) |
|
(3) |
|
6 |
|
Total |
|
7,819 |
|
9,816 |
|
10,550 |
Material partly-owned subsidiary
As of December 31,2016 and 2017, the non-controlling interest holds 35% ownership interest in Telkomsel which is considered material to the Company (Note 1d).
The summarized financial information of Telkomsel below is provided based on amounts before elimination of intercompany balances and transactions.
Summarized statements of financial position
|
|
|
2016 |
|
2017 |
|
Current assets |
|
28,818 |
|
21,098 |
|
Non-current assets |
|
60,827 |
|
64,499 |
|
Current liabilities |
|
(21,891) |
|
(23,031) |
|
Non-current liabilities |
|
(8,520) |
|
(8,587) |
|
Total equity |
|
59,234 |
|
53,979 |
|
Attributable to: |
|
|
|
|
|
Equity holders of parent company |
|
38,503 |
|
35,088 |
|
Non-controlling interest |
|
20,731 |
|
18,891 |
Summarized statements of profit or loss and other comprehensive income
|
|
|
2015 |
|
2016 |
|
2017 |
|
Revenues |
|
76,055 |
|
86,725 |
|
93,217 |
|
Operating expenses |
|
(46,455) |
|
(49,765) |
|
(53,198) |
|
Other income – net |
|
105 |
|
483 |
|
380 |
|
Profit before income tax |
|
29,705 |
|
37,443 |
|
40,399 |
|
Income tax expense – net |
|
(7,361) |
|
(9,263) |
|
(10,018) |
|
Profit for the year from continuing operations |
|
22,344 |
|
28,180 |
|
30,381 |
|
Other comprehensive income net |
|
(167) |
|
(222) |
|
(392) |
|
Net comprehensive income for the year |
|
22,177 |
|
27,958 |
|
29,989 |
|
Attributable to non-controlling interest |
|
7,820 |
|
9,863 |
|
10,632 |
|
Dividend paid to non-controlling interest |
|
7,810 |
|
7,036 |
|
12,334 |
Summarized statements of cash flows
|
|
|
2015 |
|
2016 |
|
2017 |
|
Operating activities |
|
36,130 |
|
42,827 |
|
39,564 |
|
Investing activities |
|
(12,951) |
|
(12,794) |
|
(13,984) |
|
Financing activities |
|
(19,456) |
|
(24,132) |
|
(34,720) |
|
Net (decrease) increase in cash and cash equivalents |
|
3,723 |
|
5,901 |
|
(9,140) |