Business Context and Reporting Period
This Form 6-K filing by Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (Telkom Indonesia) announces an interim dividend decision for the fiscal year 2004. The announcement was made on November 8, 2004, following a Board of Directors meeting held on December 7, 2004. The dividend declaration is based on the Company's financial results for the period ended September 30, 2004 (Q3 2004).
Key Financial Metrics
The filing focuses on capital distribution rather than operational performance metrics. Specific revenue, profit, cash flow, margin, debt, or liquidity figures are not provided in this text.
- Interim Dividend Amount: Rp 7.112 per share (calculated as seven rupiah and one-hundred and twelve per one thousand rupiah).
- Nominal Share Value: Rp 250 per share.
- Payment Date: January 6, 2005.
- Record Date: December 29, 2004.
Material Changes
The filing does not contain comparative financial data or a discussion of material changes in revenue or profitability versus prior periods. The primary material event is the approval of the interim dividend distribution.
Guidance, Outlook, and Risks
Management Commentary: The Board of Directors approved the dividend based on Q3 2004 financial results. No forward-looking guidance or strategic outlook is included in this specific press release.
Risks and Contingencies:
- Taxation: The Company will apply income tax deductions per regulations. Non-Indonesian shareholders must submit a Letter of Domicile by December 29, 2004, to qualify for reduced tax rates under Double Taxation Agreements (AADT). Failure to do so results in a flat 20% income tax deduction (PPh Article 26).
- Government Payment: Dividends payable to the Government of the Republic of Indonesia are scheduled for December 30, 2004, per Ministry of Finance instructions.
Investor Verification Checklist
- Verify share ownership status on the Record Date of December 29, 2004, to ensure eligibility for the Rp 7.112 dividend.
- Non-Indonesian shareholders must confirm if their Letter of Domicile was submitted by the December 29, 2004 deadline to avoid the 20% tax withholding.
- Confirm the payment method (cash at Bank Negara Indonesia or bank transfer) and ensure bank account details match the registered shareholder name if opting for transfer.
- Review the full Q3 2004 financial statements referenced in the filing to understand the underlying profitability supporting this dividend.