PT. MOBILE-8 TELECOM Tbk DAN ANAK PERUSAHAAN/ PT. MOBILE-8 TELECOM Tbk AND ITS SUBSIDIARY LAPORAN KEUANGAN KONSOLIDASI/ CONSOLIDATED FINANCIAL STATEMENTS UNTUK PERIODE SEMBILAN BULAN YANG BERAKHIR 30 SEPTEMBER 2008 DAN 2007 (TIDAK DIAUDIT)/ FOR THE NINE MONTH PERIODS ENDED SEPTEMBER 30, 2008 AND 2007 (UNAUDITED) Global Reports LLC
PT. MOBILE-8 TELECOM Tbk DAN ANAK PERUSAHAAN/ PT. MOBILE-8 TELECOM Tbk AND ITS SUBSIDIARY DAFTAR ISI/TABLE OF CONTENTS Halaman/ Page LAPORAN KEUANGAN Pada tanggal 30 September 2008 dan 2007 serta untuk periode sembilan bulan yang berakhir pada tanggal tersebut/ FINANCIAL STATEMENTS As of September 30, 2008 and 2007 and for the periods then ended Neraca/Balance Sheets 1 Laporan Laba Rugi/Statements of Operations 3 Laporan Perubahan Ekuitas/Statements of Changes in Equity 4 Laporan Arus Kas/Statements of Cash Flows 5 Catatan Atas Laporan Keuangan/Notes to Financial Statements 6 Global Reports LLC
PT. MOBILE-8 TELECOM Tbk DAN ANAK PERUSAHAAN PT. MOBILE-8 TELECOM Tbk AND ITS SUBSIDIARY NERACA KONSOLIDASI CONSOLIDATED BALANCE SHEETS 30 SEPTEMBER 2008 DAN 2007 (TIDAK DIAUDIT) SEPTEMBER 30, 2008 AND 2007 (UNAUDITED) Catatan/ 2008 Notes 2007 Rp Rp ASET ASSETS ASET LANCAR CURRENT ASSETS Kas dan setara kas 160.170.251.016 3f,4 652.496.238.417 Cash and cash equivalents Bank yang dibatasi penggunaannya 63.099.310 5 18.968.400.494 Restricted cash in bank Investasi jangka pendek 521.156.652.132 3g,6 317.450.534.060 Short-term investments Piutang usaha 3h,7 Trade accounts receivable Pihak hubungan istimewa 1.876.960.285 3d,43 956.793.756 Related parties Pihak ketiga - setelah dikurangi Third parties - net of penyisihan piutang ragu-ragu sebesar allowance for doubtful accounts of Rp 5.828.994.484 tahun 2008 dan Rp 5,828,994,484 in 2008 and Rp 4.393.480.182 tahun 2007 16.312.780.879 24.559.519.675 Rp 4,393,480,182 in 2007 Piutang lain-lain 88.268.466.601 8 7.469.850.388 Other accounts receivable Persediaan - setelah dikurangi penyisihan Inventories - net of allowance penurunan nilai persediaan sebesar for decline in value of Rp 3.168.744.260 tahun 2008 dan Rp 3,168,744,260 in 2008 and Rp 1.671.166.358 tahun 2007 84.323.655.559 3i,9 216.080.825.298 Rp 1,671,166,358 in 2007 Pajak dibayar dimuka 81.880.942.870 3s,10,38 118.569.705.025 Prepaid taxes Biaya dibayar dimuka 127.096.403.973 3j,11 75.016.384.922 Prepaid expenses Aset lancar lainnya 67.920.235.761 12 40.425.513.935 Other current assets Jumlah Aset Lancar 1.149.069.448.386 1.471.993.765.970 Total Current Assets ASET TIDAK LANCAR NONCURRENT ASSETS Aset pajak tangguhan - bersih 250.411.599.308 3s,38 141.086.078.262 Deferred tax assets - net Aset tetap - setelah dikurangi akumulasi Property and equipment - net of accumulated penyusutan sebesar Rp 1.580.120.602.942 depreciation of Rp 1,580,120,602,942 tahun 2008 dan Rp 1.360.621.122.310 in 2008 and Rp 1,360,621,122,310 tahun 2007 3.186.816.305.279 3k,3n,13 2.224.735.056.843 in 2007 Goodwill - bersih 181.227.363.649 3l,14 192.679.321.901 Goodwill - net Beban tangguhan - bersih 6.452.116.869 3m,15 85.444.146.482 Deferred charges - net Aset tidak lancar lainnya 13.968.845.556 16 9.520.598.725 Other noncurrent assets Jumlah Aset Tidak Lancar 3.638.876.230.661 2.653.465.202.213 Total Noncurrent Assets JUMLAH ASET 4.787.945.679.047 4.125.458.968.183 TOTAL ASSETS Lihat catatan atas laporan keuangan konsolidasi yang merupakan bagian yang tidak terpisahkan dari laporan keuangan konsolidasi. See accompanying notes to consolidated financial statements which are an integral part of the consolidated financial statements. - 1 - Global Reports LLC
PT. MOBILE-8 TELECOM Tbk DAN ANAK PERUSAHAAN PT. MOBILE-8 TELECOM Tbk AND ITS SUBSIDIARY NERACA KONSOLIDASI CONSOLIDATED BALANCE SHEETS 30 SEPTEMBER 2008 DAN 2007 (TIDAK DIAUDIT) SEPTEMBER 30, 2008 AND 2007 (UNAUDITED) Catatan/ 2008 Notes 2007 Rp Rp KEWAJIBAN DAN EKUITAS LIABILITIES AND EQUITY KEWAJIBAN LANCAR CURRENT LIABILITIES Hutang usaha 17,50 Trade accounts payable Pihak hubungan istimewa 2.283.861.650 3d,43 1.495.240.656 Related parties Pihak ketiga 179.857.512.533 80.026.140.360 Third parties Hutang lain-lain 37.499.125.753 18,50 24.974.762.781 Other accounts payable Hutang pajak 5.587.036.571 3s,19 8.142.703.052 Taxes payable Biaya masih harus dibayar 157.714.469.626 20,43,45 108.513.204.826 Accrued expenses Pendapatan diterima dimuka 28.225.403.408 3r,21 49.384.483.136 Unearned revenue Uang jaminan pelanggan 29.263.555.868 22 17.623.153.487 Deposits from customers Hutang sewa pembiayaan jangka panjang Current maturity of long-term yang jatuh tempo dalam satu tahun 50.750.974.889 3n,26 12.506.263.511 finance lease liabilities Jumlah Kewajiban Lancar 491.181.940.297 302.665.951.809 Total Current Liabilities KEWAJIBAN TIDAK LANCAR NONCURRENT LIABILITIES Hutang kepada pihak hubungan istimewa 26.167.815.482 3d,23,43 9.661.055.815 Accounts payable to related parties Hutang sewa pembiayaan - setelah dikurangi Long-term finance lease liabilities - bagian yang jatuh tempo dalam satu tahun 1.138.691.471.044 3n,26 437.743.806.923 net of current maturity Hutang obligasi 1.573.459.459.472 3o,25 1.541.202.157.880 Bonds payable Kewajiban imbalan pasca kerja 37.551.623.500 3q,39 33.339.698.332 Post-employment benefits obligation Jumlah Kewajiban Tidak Lancar 2.775.870.369.498 2.021.946.718.950 Total Noncurrent Liabilities EKUITAS EQUITY Modal saham - nilai nominal Rp 100 per saham Capital stock - Rp 100 par value per share Modal dasar - 60.000.000.000 saham Authorized - 60,000,000,000 shares Modal ditempatkan dan disetor - Issued and paid-up - 20,235,872,427 20.235.872.427 saham tahun 2008 dan shares in 2008 and 19,585,360,160 19.585.360.160 saham tahun 2007 2.023.587.242.700 28 2.023.587.242.700 shares in 2007 Tambahan modal disetor 533.133.592.379 3p,29 533.133.592.379 Additional paid-up capital Selisih nilai transaksi restrukturisasi entitas Difference in value of restructuring transaction sepengendali 42.245.424.126 30 42.245.424.126 among entities under common control Saldo laba (defisit) Retained earnings (deficit) Ditentukan penggunaannya 100.000.000 100.000.000 Appropriated Tidak ditentukan penggunaannya (1.078.172.889.953) (798.219.961.781) Unappropriated Jumlah Ekuitas 1.520.893.369.252 1.800.846.297.424 Total Equity JUMLAH KEWAJIBAN DAN EKUITAS 4.787.945.679.047 4.125.458.968.183 TOTAL LIABILITIES AND EQUITY Lihat catatan atas laporan keuangan konsolidasi yang merupakan bagian yang tidak terpisahkan dari laporan keuangan konsolidasi. See accompanying notes to consolidated financial statements which are an integral part of the consolidated financial statements. - 2 - Global Reports LLC
PT. MOBILE-8 TELECOM Tbk DAN ANAK PERUSAHAAN LAPORAN LABA RUGI KONSOLIDASI UNTUK PERIODE SEMBILAN BULAN YANG BERAKHIR 30 SEPTEMBER 2008 DAN 2007 (TIDAK DIAUDIT) PT. MOBILE-8 TELECOM Tbk AND ITS SUBSIDIARY CONSOLIDATED STATEMENTS OF INCOME FOR THE NINE-MONTH PERIODS ENDED SEPTEMBER 30, 2008 AND 2007 (UNAUDITED) Catatan/ 2008 Notes 2007 Rp Rp PENDAPATAN USAHA 3r,31 OPERATING REVENUES Jasa telekomunikasi 679.395.033.830 709.763.635.409 Telecommunication services Jasa interkoneksi 81.373.811.116 94.037.247.116 Interconnection services Jumlah pendapatan 760.768.844.946 803.800.882.525 Total revenues Beban interkoneksi dan potongan harga (150.003.102.990) (177.491.102.395) Interconnection charges and discount Pendapatan Usaha - Bersih 610.765.741.956 626.309.780.130 Operating Revenues - Net BEBAN USAHA 3r OPERATING EXPENSES Penyusutan dan amortisasi 242.347.132.343 3k,13,15,32 169.127.276.052 Depreciation and amortization Operasi, pemeliharaan dan jasa Operations, maintenance and telekomunikasi 209.468.103.172 33,50 88.585.815.366 telecommunication services Penjualan dan pemasaran 141.964.576.319 34 119.141.212.719 Sales and marketing Karyawan 120.526.861.421 35,39,50 94.083.995.589 Personnel Umum dan administrasi 49.458.588.754 36,50 42.566.473.074 General and administration Jumlah Beban Usaha 763.765.262.009 513.504.772.800 Total Operating Expenses LABA (RUGI) USAHA (152.999.520.053) 112.805.007.330 OPERATING INCOME (LOSS) PENGHASILAN (BEBAN) LAIN-LAIN OTHER INCOME (CHARGES) Penghasilan investasi 28.000.959.197 6 25.195.664.547 Investment income Penghasilan bunga 8.591.855.125 4 21.068.508.529 Interest income Keuntungan (kerugian) kurs mata uang Gain (loss) on foreign asing - bersih (4.901.284.739) 3c 13.792.642.769 exchange - net Keuntungan penjualan dan penghapusan Gain on sale and disposal of aset tetap 367.633.481 3k,13 3.585.793.807 property and equipment Amortisasi goodwill - bersih (8.588.968.589) 3l,14 (8.588.968.589) Amortization of goodwill - net Beban bunga dan keuangan (262.321.772.219) 37 (121.863.735.901) Interest expenses and financial charges Lain-lain - bersih 1.215.863.985 45a 9.505.608.002 Others - net Beban Lain-lain - Bersih (237.635.713.759) (57.304.486.836) Other Charges - Net LABA (RUGI) SEBELUM PAJAK (390.635.233.812) 55.500.520.494 INCOME (LOSS) BEFORE TAX MANFAAT (BEBAN) PAJAK 3s TAX BENEFIT (EXPENSE) Pajak kini (75.105.338) (90.202.537) Current tax Pajak tangguhan 115.417.472.748 38 (404.964.021) Deferred tax Jumlah 115.342.367.411 (495.166.558) Total LABA (RUGI) BERSIH (275.292.866.401) 55.005.353.936 NET INCOME (LOSS) LABA (RUGI) PER SAHAM DASAR (13,4) 3t,41 2,80 BASIC EARNINGS (LOSS) PER SHARE Lihat catatan atas laporan keuangan konsolidasi yang merupakan bagian yang tidak terpisahkan dari laporan keuangan konsolidasi. See accompanying notes to consolidated financial statements which are an integral part of the consolidated financial statements. - 3 - Global Reports LLC
PT. MOBILE-8 TELECOM Tbk DAN ANAK PERUSAHAAN LAPORAN PERUBAHAN EKUITAS KONSOLIDASI UNTUK PERIODE SEMBILAN BULAN YANG BERAKHIR 30 SEPTEMBER 2008 DAN 2007 (TIDAK DIAUDIT) PT. MOBILE-8 TELECOM Tbk AND ITS SUBSIDIARY CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY FOR THE NINE-MONTH PERIODS ENDED SEPTEMBER 30, 2008 AND 2007 (UNAUDITED) Selisih Nilai Transaksi Restrukturisasi Entitas Sepengendali/ Difference in Value Modal Tambahan of Restructuring Saldo Laba (Defisit)/Retained Earnings (Deficit) Disetor/ Modal Disetor/ Transaction Among Ditentukan Tidak Ditentukan Catatan/ Paid-up Additional paid-up Entities under Penggunaannya/ Penggunaannya/ Jumlah Ekuitas/ Notes Capital capital Common Control Appropriated Unappropriated Total Equity Rp Rp Rp Rp Rp Rp Saldo per 1 Januari 2007 (Diaudit) 1.958.536.016.000 442.203.024.931 42.245.424.126 - (852.608.300.573) 1.590.376.164.484 Balance as of January 1, 2007 (Audited) Pengaruh penyajian kembali sehubungan Effect of the restatement in relation to dengan penggabungan usaha 2-1.254.540.742 - - (517.015.144) 737.525.598 of Komselindo Saldo per 1 Januari 2007 - Disajikan kembali 1.958.536.016.000 443.457.565.673 42.245.424.126 - (853.125.315.717) 1.591.113.690.082 Balance as of January 1, 2007 - As restated Penerbitan 43.045.567 saham, nilai The effect of the restatement in relation nominal Rp 100 per saham ke to merger - Minority interest in net loss pemegang saham minoritas Komselindo 2 4.304.556.700 (4.304.556.700) - - - - of Komselindo Penerbitan waran 60.746.670.000 93.980.583.406 - - - 154.727.253.406 Issuance of warrants Cadangan umum - - - 100.000.000 (100.000.000) - Laba bersih periode berjalan - - - - 55.005.353.936 55.005.353.936 Net income for the period - As restated Saldo per 30 September 2007 (Tidak Diaudit) 2.023.587.242.700 533.133.592.379 42.245.424.126 100.000.000 (798.219.961.781) 1.800.846.297.424 Balance as of September 30, 2007 (Unaudited) 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 - - - - (275.292.866.401) (275.292.866.401) Net loss for the period Saldo per 30 September 2008 (Tidak Diaudit) 2.023.587.242.700 533.133.592.379 42.245.424.126 100.000.000 (1.078.172.889.953) 1.520.893.369.252 Balance as September 30, 2008 (Unaudited) Lihat catatan atas laporan keuangan konsolidasi yang merupakan bagian yang tidak terpisahkan dari laporan keuangan konsolidasi. See accompanying notes to consolidated financial statements which are an integral part of the consolidated financial statements. - 4 - Global Reports LLC
PT. MOBILE-8 TELECOM Tbk DAN ANAK PERUSAHAAN LAPORAN ARUS KAS KONSOLIDASI UNTUK PERIODE SEMBILAN BULAN YANG BERAKHIR 30 SEPTEMBER 2008 DAN 2007 (TIDAK DIAUDIT) PT. MOBILE-8 TELECOM Tbk AND ITS SUBSIDIARY CONSOLIDATED STATEMENTS OF CASH FLOWS FOR THE NINE-MONTH PERIODS ENDED SEPTEMBER 30, 2008 AND 2007 (UNAUDITED) 2008 2007 Rp Rp ARUS KAS DARI AKTIVITAS OPERASI CASH FLOWS FROM OPERATING ACTIVITIES Penerimaan kas dari pelanggan 688.719.206.432 829.992.966.501 Cash receipts from customers Pembayaran kas kepada pemasok dan karyawan (533.600.166.208) (763.513.177.310) Cash paid to suppliers and employees Kas diperoleh dari operasi 155.119.040.224 66.479.789.191 Cash generated from operations Penerimaan bunga 14.147.069.726 43.913.859.498 Interest received Penerimaan restitusi pajak 57.776.067.796 6.596.014.882 Cash receipts from tax refund Pembayaran pajak penghasilan (9.202.779.624) (25.462.638.213) Income tax paid Pembayaran beban bunga dan keuangan (321.864.108.941) (108.081.332.088) Interest expenses and financial charges paid Kas Bersih Digunakan Untuk Aktivitas Operasi (104.024.710.819) (16.554.306.730) Net Cash Used in Operating Activities ARUS KAS DARI AKTIVITAS INVESTASI NET CASH FLOWS FROM INVESTING ACTIVITIES Pencairan investasi jangka pendek 939.433.745.333 2.136.409.486.814 Redemption from short-term investment Penurunan (peningkatan) bank yang dibatasi penggunaannya 20.806.324.677 (18.968.400.494) Decrease (increase) in restricted cash in bank Hasil bersih penjualan aset tetap 723.491.499 10.042.778.121 Net proceeds from sale of property and equipment Penerimaan (pembayaran) uang jaminan 12.560.847.664 (14.391.549.039) Receiving from (payment for) refundable deposits Pembayaran pajak pertambahan nilai barang modal (29.125.578.019) (44.992.649.249) Payment of value added tax for capital expenditures Perolehan aset tetap (282.487.133.821) (433.939.621.227) Acquisitions of property and equipment Penempatan investasi jangka pendek (1.243.254.004.641) (2.363.410.718.046) Placement in short-term investment Kas Bersih Digunakan Untuk Aktivitas Investasi (581.342.307.308) (729.250.673.119) Net Cash Used in Investing Activities ARUS KAS DARI AKTIVITAS PENDANAAN CASH FLOWS FROM FINANCING ACTIVITIES Penerimaan (pembayaran) hutang kepada Proceeds (payment) of accounts payable pihak hubungan istimewa - bersih 8.900.026.239 (9.087.558.568) to related parties - net Penerimaan dari hutang obligasi - bersih - 1.580.021.286.784 Proceeds from issuance of bonds - net Penerimaan dari pelaksanaan waran - 136.680.000.075 Proceeds from excercise of warrants Penerimaan dari penjualan waran 18.108.000.000 Proceeds from sale of warrants Pelunasan atas pinjaman jangka panjang - (661.500.000.000) Settlement of long-term loan Pembayaran atas hutang: Payment of: Pembelian aset tetap - (525.737.142.868) Purchase of property and equipment Sewa pembiayaan (15.919.361.527) (2.467.372.655) Financial lease Kas Bersih Diperoleh Dari (Digunakan Untuk) Net Cash Provided by (Used in) Aktivitas Pendanaan (7.019.335.288) 536.017.212.768 Financing Activities PENURUNAN BERSIH KAS DAN NET DECREASE IN CASH AND SETARA KAS (692.386.353.415) (209.787.767.082) CASH EQUIVALENTS CASH AND CASH EQUIVALENTS AT BEGINNING KAS DAN SETARA KAS AWAL PERIODE 852.668.943.331 859.881.059.264 OF PERIOD Pengaruh perubahan kurs mata uang asing (112.338.900) 2.402.946.235 Effect of foreign exchange rate changes CASH AND CASH EQUIVALENTS AT KAS DAN SETARA KAS AKHIR PERIODE 160.170.251.016 652.496.238.417 END OF PERIOD PENGUNGKAPAN TAMBAHAN SUPPLEMENTAL DISCLOSURES Aktivitas investasi dan pendanaan yang tidak mempengaruhi kas: Noncash investing and financing activities: Penambahan aset tetap melalui Increase in property and equipment through hutang sewa pembiayaan 361.465.218.841 450.250.070.434 finance lease obligation Piutang atas penjualan aset menara - 2.855.814.058 Receivable from sale of tower assets Penambahan aset tetap melalui Increase in property and equipment through kapitalisasi biaya pinjaman 44.004.660.511 15.714.949.208 capitalization of borrowing cost Penambahan nilai aset bersih investasi Increase in net asset value of short-term jangka pendek 23.716.152.038 357.006.489 investment Increase (decrease) in property and equipment Penambahan (pengurangan) aset tetap through capitalization of foreign melalui kapitalisasi selisih kurs (1.397.855.073) 521.085.637 exchange difference Lihat catatan atas laporan keuangan konsolidasi yang merupakan bagian yang tidak terpisahkan dari laporan keuangan konsolidasi. See accompanying notes to consolidated financial statements which are an integral part of the consolidated financial statements. - 5 - Global Reports LLC