EMPLOYEE BENEFITS continued Labor Law No. 132003 continued

PT BANK MANDIRI PERSERO Tbk. AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS As of December 31, 2016 and for the year then ended Expressed in millions of Rupiah, unless otherwise stated 193

52. NON-OPERATING EXPENSEINCOME - NET Year ended December 31,

2016 2015 Building rental income 13,645 14,848 Gain on sale of fixed assets 120 228 Penalties 9,196 6,413 BOT transactions income - 29,266 Others - net 44,331 7,471 39,762 30,458 53. COMMITMENTS AND CONTINGENCIES The following accounts represent accounts which are recorded as off-balance sheet: December 31, December 31, 2016 2015 COMMITMENTS Commitment payables: Unused loan facilities granted Related parties 38.790.412 20,811,629 Third parties 81.630.934 84,527,024 120.421.346 105,338,653 Outstanding irrevocable letters of credit Note 31: Related parties 3.519.396 5,107,643 Third parties 8.577.270 5,816,945 12.096.666 10,924,588 Commitment payables - net 132.518.012 116,263,241 CONTINGENCIES Contingent Receivables: Guarantees received from other banks 17,741,644 20,021,563 Interest receivable on non-performing assets 6,793,156 9,466,919 Others 32,729 32,729 24,567,529 29,521,211 Contingent payables: Guarantees issued in the form of: Bank guarantees Note 31: Related parties 23,212,078 23,280,899 Third parties 51,054,206 51,230,192 74,266,284 74,511,091 Standby letters of credit Note 31 Related parties 6,739,568 6,560,416 Third parties 6,424,992 6,175,309 13,164,560 12,735,725 Others 907,215 432,992 Include committed and uncommitted unused loan facilities. PT BANK MANDIRI PERSERO Tbk. AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS As of December 31, 2016 and for the year then ended Expressed in millions of Rupiah, unless otherwise stated 194

53. COMMITMENTS AND CONTINGENCIES continued

The following accounts represent accounts which are recorded as off-balance sheet continued: December 31, December 31, 2016 2015 CONTINGENCIES continued Total 88,338,059 87,679,808 Contingent Payables - Net 63,770,530 58,158,597 196,288,542 174,421,838

54. FOREIGN CURRENCY TRANSACTIONS

The fair value of forward and cross currency swap transactions are presented as derivative receivablespayables in the consolidated statement of financial position Note 11. Details of outstanding buy and sell foreign currency spot transactions Bank Mandiri only as of December 31, 2016 and 2015 are as follows: December 31, 2016 Spot – Buy Spot – Sell Original currency Rupiah Original currency Rupiah Original Currency full amount equivalent full amount equivalent United States Dollar 148,995,000 2,007,335 176,050,000 2,371,834 Others - 187,992 69,581 2,195,327 2,441,415 December 31, 2015 Spot – Buy Spot – Sell Original currency Rupiah Original currency Rupiah Original Currency full amount equivalent full amount equivalent United States Dollar 100,699,484 1,388,142 168,345,000 2,320,636 Others - 127,487 - 68,210 1,515,629 2,388,846