Telkom may delay earnings report

Telkom may delay earnings report

JAKARTA: PT Telekomunikasi Indonesia said on Tuesday it may
miss a deadline for filing its 2004 earnings report to the U.S.
Securities and Exchange Commission, or SEC, on June 30.

The largest Indonesian telecommunications company said its
auditor hadn't completed the report, which will present its
earnings based on the U.S. generally accepted accounting
principles, or GAAP.

"We expect KPMG, our auditor, to deliver the 2004 earnings
report based on the U.S. GAAP early July," Telkom's spokeswoman
Dina Arifani told Dow Jones. She expects that the U.S. SEC will
extend the deadline for Telkom to file the 2004 report by 15 days
to July 15.

She also said that the 2004 earnings report doesn't contain
any accounting problems.

In 2003, Telkom failed to report its 2002 earnings based on
the U.S. GAAP as its auditor wasn't recognized by the U.S. SEC.
-- Dow Jones