PT BANK MANDIRI PERSERO TBK. AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Year Ended December 31, 2006 With Comparative Figures For 2005
Expressed in millions of Rupiah, unless otherwise stated
32
4. CURRENT ACCOUNTS WITH OTHER BANKS continued
b. By Collectibility:
As of December 31, 2006 and 2005, all current accounts with other banks were classified as current. c. By Related Party and Third Party:
As of December 31, 2006 and 2005, current accounts with related party were Rp70 and Rp53 respectively Note 47.
d. Average Interest Rate per Annum:
2006 2005
Rupiah 0.83 0.53
Foreign Currency 1.92 1.32
e. Movements of allowance for possible losses on current accounts with other banks:
2006 2005
Balance at beginning of year 7,725
6,557 Provision during the year Note 36
4,101 1,278
Others 677 110
Balance at end of year 11,149 7,725
Includes effect of foreign currency translation.
Management believes that the allowance for possible losses on current accounts with other banks is adequate.
5. PLACEMENTS WITH BANK INDONESIA AND OTHER BANKS
a. By Type, Currency, Maturity and Collectibility:
2006 Maturity
Current Rupiah:
Call Money 1 month
3,300,000 1month - 3 months
5,000 “Fixed-term” Placements
3 months 6 months 212,057
6 months 12 months 180,053
Time Deposits 1 month
31,502 1 month - 3 months
7,600 3 months 6 months
2,600 Total Rupiah
3,738,812
PT BANK MANDIRI PERSERO TBK. AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Year Ended December 31, 2006 With Comparative Figures For 2005
Expressed in millions of Rupiah, unless otherwise stated
33
5. PLACEMENTS WITH BANK INDONESIA AND OTHER BANKS
a. By Type, Currency, Maturity and Collectibility: continued
2006 Maturity
Current Foreign Currency:
Call Money 1 month
3,493,497 1 month - 3 months
418 “Fixed-term” Placements
1 month 2,278,245
Time Deposits 1 month
22,550 Total Foreign Currency
5,794,710 Total
9,533,522 Less: Allowance for Posible Losses
97,981 9,435,541
2005 Maturity
Current Rupiah:
Bank Indonesia 1 month
8,260,930 Call Money
1 month 4,044,907
“Fixed-term” Placements 1 month 3 months
137,864 3 months 6 months
39,062 6 months 12 months
46,925 Time Deposits
1 month 35,000
1 month 3 months 15,200
Total Rupiah 12,579,888
Foreign Currency:
Call Money 1 month
9,069,659 1 month 3 months
25,202 “Fixed-term” Placements
1 month 2,057,856
Time Deposits 1 month
39,320 Total Foreign Currency
11,192,037 Total
23,771,925 Less: Allowance for Possible Losses
154,871 23,617,054
b. Bank Mandiri has no placements with related party banks. c. Average Interest Rate per Annum unaudited:
2006 2005
Rupiah 12.09 8.37
Foreign Currency 4.33 3.36
d. As of December 31, 2006 and 2005, there was no placement pledged as cash collateral.
PT BANK MANDIRI PERSERO TBK. AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Year Ended December 31, 2006 With Comparative Figures For 2005
Expressed in millions of Rupiah, unless otherwise stated
34
5. PLACEMENTS WITH BANK INDONESIA AND OTHER BANKS continued
e. Movements of allowance for possible losses on placements with other banks:
2006 2005
Balance at beginning of year 154,871
91,258 Provisionreversal during the year Note 36
51,542 63,043
Recoveries - 1,451
Others 5,348 881
Balance at end of year 97,981 154,871
Includes effect of foreign currency translation.
Management believes that the allowance for possible losses on placements with other banks is adequate.
6. SECURITIES
