ACCEPTANCES RECEIVABLE continued Bank Mandiri Eng 31 Des 2016 Released Password Removed

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 121

18. FIXED ASSETS

The details of fixed assets were as follows: December 31, 2016 Beginning Ending Balance Additions Deductions Reclassifications balance At costrevaluation value Direct ownership Land 2,845,929 25,971,488 - 5,758 28,823,175 Building 4,069,068 254,429 114 330,149 4,653,532 Furniture and fixtures, office equipment and computer 8,802,305 186,454 18,643 608,532 9,578,648 Vehicles 288,570 3,033 4,491 13,186 300,298 Construction in progress 1,451,759 874,669 31 957,625 1,368,772 17,457,631 27,290,073 23,279 - 44,724,425 Leased assets 12,495 - - - 12,495 17,470,126 27,290,073 23,279 - 44,736,920 Accumulated depreciation Note 49 Direct ownership Building 1,633,320 195,581 76 - 1,828,825 Furniture and fixtures, office equipment and computer 5,883,979 1,134,142 5,970 - 7,012,151 Vehicles 188,379 47,308 6,418 - 229,269 7,705,678 1,377,031 12,464 - 9,070,245 Leased assets 2,760 625 - - 3,385 7,708,438 1,377,656 12,464 - 9,073,630 Net book value Direct ownership Land 28,823,175 Building 2,824,707 Furniture and fixtures, office equipment and computer 2,566,497 Vehicles 71,029 Construction in progress 1,368,772 35,654,180 Leased assets 9,110 35,663,290 As of December 31, 2016 included in the addition is the revaluation of fixed assets amounting to Rp25,942,034. December 31, 2015 Beginning Ending Balance Additions Deductions Reclassifications Balance At cost Direct ownership Land 2,839,124 - - 6,805 2,845,929 Buildings 3,309,328 106,978 8,158 660,920 4,069,068 Furniture and fixtures, office equipment and computer 7,121,181 372,619 29,524 1,338,029 8,802,305 Vehicles 279,190 6,502 3,998 6,876 288,570 Construction in progress 1,925,734 1,538,731 76 2,012,630 1,451,759 15,474,557 2,024,830 41,756 - 17,457,631 Leased assets 12,495 - - - 12,495 15,487,052 2,024,830 41,756 - 17,470,126 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 122

18. FIXED ASSETS continued

The details of fixed assets were as follows continued: December 31, 2015 Beginning Ending Balance Additions Deductions Reclassifications Balance Accumulated Depreciation Note 49 Direct ownership Buildings 1,450,960 189,886 7,526 - 1,633,320 Furniture and fixtures, office equipment and computer 4,948,105 962,248 26,374 - 5,883,979 Vehicles 156,996 35,036 3,653 - 188,379 6,556,061 1,187,170 37,553 - 7,705,678 Leased assets 2,135 625 - - 2,760 6,558,196 1,187,795 37,553 - 7,708,438 Net book value Direct ownership Land 2,845,929 Buildings 2,435,748 Furniture and fixtures, office equipment and computer 2,918,326 Vehicles 100,191 Construction in progress 1,451,759 9,751,953 Leased assets 9,735 9,761,688 Construction in progress as of December 31, 2016 and 2015 are as follows: December 31, December 31, 2016 2015 Computers and other hardware that have not been installed 602,843 783,085 Buildings 430,442 399,543 Land 160,611 - Office equipment and inventory 126,242 184,177 Vehicles 13,520 10,391 Others 35,114 74,563 1,368,772 1,451,759 The estimated percentage of completion of construction in progress as of December 31, 2016 and 2015 for computers and other hardwares that have not been installed was ranging between 5.00 - 90.00 and 15.00 - 90.00, respectively.