Business Context and Reporting Period
This Form 6-K filing by Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk ("TELKOM") covers the month of January 2004. The report serves as an update on the status of the audit for the company's 2002 financial statements and the restatement of its 2001 and 2000 financial statements.
Key Financial Metrics
The filing text does not provide specific values for revenue, profit, cash flow, margins, debt, or liquidity. The document focuses exclusively on the procedural status of financial audits and regulatory compliance rather than reporting operational financial results for the period.
Material Changes and Audit Status
- Audit Progress: TELKOM is in the final stages of completing the 2002 audit conducted by PricewaterhouseCoopers (PwC) and the restatement of 2001 and 2000 statements conducted by Deloitte Touche Tohmatsu.
- Resolution of Issues: Outstanding accounting issues between TELKOM and the auditors have been resolved and agreed upon.
- Timeline Adjustment: The filing of the amended 2002 Form 20-F is now expected by the middle of February 2004, delayed from the previously anticipated end of January 2004 due to the time required to finalize financial information.
Guidance, Outlook, and Risks
Management, represented by President Director Kristiono, expressed commitment to full compliance with U.S. SEC and NYSE rules. Upon filing the amended 2002 Form 20-F, the company plans to prepare the 2003 Form 20-F for filing by the June 30, 2004 deadline.
Risks and Contingencies: The filing includes forward-looking statements regarding the audit completion and filing dates. Investors are cautioned that these statements involve risks, including the possibility of further delays in completing the 2002 audit and filing the amended Form 20-F.
Key Facts for Investor Verification
- Confirmation of the filing date for the amended 2002 Form 20-F (expected mid-February 2004).
- Details of the specific accounting issues that were resolved between TELKOM and its auditors.
- The final restated financial figures for the years 2000, 2001, and 2002 once the amended Form 20-F is released.
- Progress on the preparation of the 2003 Form 20-F relative to the June 30, 2004 deadline.