PT BANK MANDIRI PERSERO Tbk. AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DECEMBER 2014 AND 2013
Expressed in millions of Rupiah, unless otherwise stated
Appendix 562 8. GOVERNMENT BONDS continued
b. By Type
2014 Interest Rates
Maturity Frequency of
Nominal per Annum
Fair Value Dates
Interest Payment Rupiah
Fair value through profit or loss Government Bonds
15062015 – Fixed rate bonds
1,751,082 5.25-12.80
1,745,205 15022044
1 and 6 months Investments in unit-linked contracts
21092015 – Fixed rate bonds
1,149,889 6.25-11.00
1,149,889 15032034
1 and 6 months
Available for sale
21092015 – Fixed rate bonds
9,181,113 5.25-8.50
9,018,496 15042019
1 and 6 months 25112015 –
Variable rate bonds 41,074,774
SPN 3 months 40,572,829
25072020 3 months
50,255,887 49,591,325
Amortised Interest Rates
Maturity Frequency of
Cost Per Annum
Dates Interest Payment
Held to maturity
15062015 – Fixed rate bonds
306,797 8.25-11.75
15052037 6 months
25042015 – Variable rate bonds
20,630,297 SPN 3 months
25092017 3 months
20,937,094 At cost
15082015 – Fixed rate bonds
737,385 8.75-11.80
05032017 6 months
Interest Rates Maturity
Frequency of Nominal
per Annum Fair Value
Dates Interest Payment
Foreign currency Available for sale
2042015 – Fixed rate bonds
10,975,339 3.30-11.63
11,595,820 1542023
6 months
Amortised Interest Rates
Maturity Frequency of
Cost Per Annum
Dates Interest Payment
Held to maturity
1512016 – Fixed rate bonds
258,600 5.88-7.50
1512024 6 months
At cost Fixed rate bonds
138,588 6.13
15032019 6 months
Government Bonds owned by Subsidiary which was recorded in accordance with SFAS 110 “Accounting for Sukuk”. Investments in unit-linked contracts are investments owned by policyholders of Subsidiary’s unit-linked contracts which are presented
at fair value.
PT BANK MANDIRI PERSERO Tbk. AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DECEMBER 2014 AND 2013
Expressed in millions of Rupiah, unless otherwise stated
Appendix 563 8. GOVERNMENT BONDS continued
b. By Type continued
2013 Interest Rates
Maturity Frequency of
Nominal per Annum
Fair Value Dates
Interest Payment Rupiah
Fair value through profit or loss Government Bonds
23022014 – Fixed rate bonds
1,378,823 5.25 - 12.80
1,320,029 15022044
1 and 6 months Investments in unit-linked contracts
23022014 – Fixed rate bonds
452,006 6.00 - 11.60
452,006
15032034 1 and 6 months
Available for sale
21092015 – Fixed rate bonds
4,910,875 5.25 - 6.25
4,578,589 15052018
1 and 6 months 25122014 –
Variable rate bonds 44,874,774
SPN 3 months 44,301,082
25072020 3 months
49,785,649 48,879,671
Amortised Interest Rates
Maturity Frequency of
Cost Per Annum
Dates Interest Payment
Rupiah Held to maturity
15102014 – Fixed rate bonds
304,534 9.00 - 11.75
15052037 6 months
25122014 – Variable rate bonds
21,744,598 SPN 3 months
25092017 3 months
22,049,132 At cost
15082015 – Fixed rate bonds
712,585 9.25 - 11.80
15092015 6 months
Interest Rates Maturity
Frequency of Nominal
per Annum Fair Value
Dates Interest Payment
Foreign currency Fair value through profit or loss
Fixed rate bonds 60,850
3.50 61,718
15052017 6 months
Available for sale
1032014 – Fixed rate bonds
8,705,603 3.30 - 10.38
8,333,443 17102023
6 months
Amortised Interest Rates
Maturity Frequency of
Cost Per Annum
Dates Interest Payment
Foreign currency Held to maturity
10032014 – Fixed rate bonds
418,844 5.38 - 10.38
17102023 6 months
Government Bonds owned by Subsidiary which was recorded in accordance with SFAS 110 “Accounting for Sukuk”. Investments in unit-linked contracts are investments owned by policyholders of Subsidiary’s unit-linked contracts which are presented
at fair value.
PT BANK MANDIRI PERSERO Tbk. AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DECEMBER 2014 AND 2013
Expressed in millions of Rupiah, unless otherwise stated
Appendix 564 8. GOVERNMENT BONDS continued
c. Other Information
As at 31 December 2014, Government Bonds with total nominal amount of Rp6,821,742 and marketable securities with total nominal amount of Rp450,000 were sold under repurchase
agreements 31 December 2013: Rp5,482,742 Note 28.
As at
31 December
2014, Government
Bonds with
total nominal
amount of
Rp13,772,473 and USD581,729,000 full amount 2013: Rp14,012,379 and USD158,300,000 full amount had been pledged as collateral for funds borrowing from other banks and
subordinated loans Note 36c, 36d and 37.
In December 2013, the Subsidiary, Bank Mandiri Europe Limited reclassified all of Government Bonds from “held to maturity” into “available for sale” classification with nominal value of
Rp121,700. This reclassification was not more than insignificant amount of the “held to maturity” portfolio in the consolidated financial statements, therefore, it did not result to a breach of tainting
rule in the consolidated financial statements. On 18 December 2013, the Subsidiary sold a portion of these Government Bonds amounting to Rp129,565 and recognised gains of Rp7,865.
9. OTHER RECEIVABLES - TRADE TRANSACTIONS
a. By Type, Currency, Related Parties and Third Parties:
2014 2013
Rupiah: Related parties Note 55
Usance LC payable at sight 29,126
19,533 Others
3,514,462 2,815,817
3,543,588 2,835,350
Third parties Usance LC payable at sight
966,481 681,186
Others 1,570,028
965,060 2,536,509
1,646,246 Total Rupiah
6,080,097 4,481,596
Foreign currencies: Related parties Note 55
Usance LC payable at sight 2,328,822
988,190 Others
542,213 81,318
2,871,035 1,069,508
Third parties Usance LC payable at sight
2,626,818 1,426,719
Others 1,660,017
1,970,560 4,286,835
3,397,279 Total foreign currencies Note 61B.v
7,157,870 4,466,787
Total 13,237,967
8,948,383 Less: Allowance for impairment losses
1,586,271 1,424,454
11,651,696 7,523,929
PT BANK MANDIRI PERSERO Tbk. AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DECEMBER 2014 AND 2013
Expressed in millions of Rupiah, unless otherwise stated
Appendix 565 9. OTHER RECEIVABLES - TRADE TRANSACTIONS continued
b. By Bank Indonesia’s Collectibility:
2014 2013
Current 11,577,417
7,497,681 Special mention
599,234 459,251
Substandard 54,964
- Loss
1,006,352 991,451
Total 13,237,967
8,948,383 Less: Allowance for impairment losses
1,586,271 1,424,454
11,651,696 7,523,929
c. By Maturity:
2014 2013
Rupiah: Less than 1 month
1,639,539 1,340,698
1 - 3 months 2,836,836
2,105,976 3 - 6 months
1,379,292 882,676
6 - 12 months 78,487
6,302 Over 12 months
145,943 145,944
Total Rupiah 6,080,097
4,481,596 Foreign currencies:
Less than 1 month 663,299
794,118 1 - 3 months
2,567,987 1,312,949
3 - 6 months 3,014,228
1,477,670 6 - 12 months
51,948 36,579
Over 12 months 860,408
845,471 Total foreign currencies Note 61B.v
7,157,870 4,466,787
Total 13,237,967
8,948,383 Less: Allowance for impairment losses
1,586,271 1,424,454
11,651,696 7,523,929
d. Movements of allowance for impairment losses on other receivables - trade transactions:
2014 2013
Balance at beginning of year 1,424,454
1,125,015 Allowance during the year Note 44
115,522 39,848
Others 46,295
259,591
Balance at end of year 1,586,271
1,424,454
Includes effect of foreign exchange translation.
Management believes that the allowance for impairment losses on other receivables - trade transactions is adequate.
e. Information in respect of classification of “non-impaired” and “impaired” is disclosed in Note 61A.
PT BANK MANDIRI PERSERO Tbk. AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DECEMBER 2014 AND 2013
Expressed in millions of Rupiah, unless otherwise stated
Appendix 566 10. SECURITIES PURCHASED UNDER RESALE AGREEMENTS
a. Securities purchased under resale agreements
2014
Type of Securities Starting
Date Maturity
Date Resale
Amount Unamortised
Interest Carrying
Amount
Third parties Rupiah
Obligasi FR0044 29122014
26012015 999,092
4,143 994,949
Obligasi FR0071 05122014
06012015 942,780
784 941,996
Obligasi FR0053 12122014
08012015 902,401
1,050 901,351
Obligasi FR0056 30122014
27012015 892,005
3,847 888,158
Obligasi FR0056 30122014
27012015 892,005
3,847 888,158
Obligasi FR0066 02122014
02012015 872,905
145 872,760
Obligasi FR0027 30122014
27012015 872,458
3,763 868,695
SPN109-011015 30122014
27012015 814,148
3,512 810,636
Obligasi FR0044 29122014
26012015 769,244
3,190 766,054
Obligasi FR0063 29122014
26012015 739,787
3,069 736,718
Obligasi FR0063 29122014
26012015 739,787
3,069 736,718
Obligasi FR0063 29122014
26012015 716,466
2,971 713,495
Obligasi FR0031 04122014
05012015 710,241
473 709,768
Obligasi FR0027 30122014
27012015 645,911
2,786 643,125
Obligasi FR0064 06112014
02012015 578,887
99 578,788
SPN109-011015 30122014
27012015 542,765
2,341 540,424
Obligasi FR0053 12122014
08012015 517,577
602 516,975
Obligasi FR0057 17112014
12012015 511,502
975 510,527
Obligasi FR0058 24112014
19012015 495,669
1,552 494,117
SPN107-030915 30122014
27012015 454,949
1,963 452,986
Obligasi FR0056 30122014
27012015 420,260
1,812 418,448
Obligasi FR0070 29122014
26012015 404,335
1,677 402,658
Obligasi FR0057 13112014
08012015 315,380
383 314,997
Obligasi FR0066 06112014
02012015 262,602
45 262,557
Obligasi FR0058 24112014
19012015 247,838
777 247,061
Obligasi FR0058 24112014
19012015 247,827
773 247,054
Obligasi FR0035 29122014
26012015 228,114
946 227,168
Obligasi FR0061 15122014
09022015 226,438
1,531 224,907
Obligasi FR0059 03122014
28012015 220,719
1,031 219,688
Obligasi FR0069 04122014
05012015 219,023
146 218,877
Obligasi FR0064 03122014
28012015 202,007
945 201,062
SBSN 19122014
16012015 197,803
526 197,277
Obligasi FR0059 30122014
27012015 182,449
787 181,662
Saham 29092014
15012015 163,139
1,083 162,056
Obligasi FR0058 24112014
19012015 155,483
488 154,995
Obligasi FR0058 24112014
19012015 146,630
460 146,170
Obligasi FR0053 04122014
05012015 139,522
93 139,429
SPN104-JUL15 29122014
26012015 138,305
574 137,731
Saham 16102014
14042015 134,688
6,432 128,256
SBSN 05122014
02012015 121,352
40 121,312
Obligasi FR0071 05122014
06012015 104,753
87 104,666
SBSN 07122014
16012015 99,078
264 98,814
SBSN 05122014
02012015 81,774
27 81,747
Obligasi FR0061 12122014
08012015 75,763
88 75,675
SBSN 19122014
16012015 66,894
178 66,716
SBSN 05122014
02012015 55,749
18 55,731
Saham 18112014
18112015 58,111
8,128 49,983
Saham 20112014
20112015 58,111
8,175 49,936
Saham 24112014
24112015 58,111
8,269 49,842
Saham 29092014
15012015 40,508
269 40,239
SBSN 05122014
02012015 39,742
13 39,729
SBSN 19122014
16012015 31,101
83 31,018
Obligasi FR0062 13112014
08012015 30,015
37 29,978
Saham 13062014
12062015 28,539
1,888 26,651
Saham 15102014
12062015 27,417
1,899 25,518
Saham 27102014
26012015 10,303
102 10,201
Saham 12122014
11062015 10,603
686 9,917
Saham 29092014
15012015 8,892
59 8,833
Obligasi FR0065 24112014
19012015 7,161
23 7,138
SBSN 05122014
02012015 4,651
1 4,650
Total 19,881,769
95,024 19,786,745
Allowance for impairment losses 41,941
Net 19,744,804