PT BANK MANDIRI PERSERO TBK. AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
December 31, 2003, April 30, 2003 and December 31, 2002 Expressed in millions of Rupiah, unless otherwise stated
58
11. LOANS continued
A. Details of loans: continued d. By Period: continued
December 31, April 30, December 31,
2003 2003
2002
Foreign Currency: Less than 1 year
1,911,089 2,663,076 3,001,626
1 - 2 years 1,243,612 1,738,329 1,737,010
2 - 5 years 7,560,367 8,050,143 7,409,149
Over 5 years 17,034,382 15,209,845
13,758,719 27,749,450
27,661,393 25,906,504 Total
75,942,620 69,403,913 65,417,248 Less: Allowance for possible losses 8,890,383
9,879,080 8,906,545
Deferred income
209,573 203,946 164,284 66,842,664
59,320,887 56,346,419
e. By Collectibility:
December 31, April 30, December 31,
2003 2003
2002
Current 58,184,992 47,496,807 44,451,924
Special mention
11,215,816 15,809,277 16,201,501
Sub-standard 1,675,651 1,422,020 1,521,643
Doubtful 1,437,009 1,395,059 1,039,787
Loss 3,429,152 3,280,750 2,202,393
Total 75,942,620 69,403,913 65,417,248
Less: Allowance for possible losses 8,890,383 9,879,080 8,906,545
Deferred income
209,573 203,946 164,284 66,842,664
59,320,887 56,346,419
The non-performing loans ratio consolidated gross basis as of December 31, 2003, April 30, 2003 and December 31, 2002 is 8.61, 8.79 and 7.28, respectively Bank Mandiri only - 8.84,
8.95 and 7.39 as of December 31, 2003, April 30, 2003 and December 31, 2002, respectively.
The loans as of December 31, 2003, April 30, 2003 and December 31, 2002 include the loans purchased from IBRA amounting to Rp5,249,139, Rp5,383,514 and Rp5,457,322, respectively, with
an allowance for possible losses of Rp2,091,445, Rp1,136,736 and Rp394,297, respectively, and deferred income of Rp209,573, Rp203,946 and Rp164,284, respectively.
PT BANK MANDIRI PERSERO TBK. AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
December 31, 2003, April 30, 2003 and December 31, 2002 Expressed in millions of Rupiah, unless otherwise stated
59
11. LOANS continued
B. Significant information related to loans: a. Included in loans are the syariah finance receivables amounting to Rp2,167,704, Rp1,345,155
and Rp1,140,981 as at December 31, 2003, April 30, 2003 and December 31, 2002, respectively:
December 31, April 30, December 31,
2003 2003
2002
Receivables 1,829,524 1,242,787
1,094,329 Musyarakah finance receivables
283,381 84,039
44,452 Other
syariah finance receivables 54,799
18,329 2,200
2,167,704 1,345,155 1,140,981 Less: Allowance for possible losses
42,413 48,584 44,534
2,125,291 1,296,571 1,096,447
b. Average Interest Rates and Range of Profit Sharing Per Annum: Average interest rates per annum:
December 31, April 30, December 31,
2003 2003
2002
Rupiah 16.37
17.72 17.92
Foreign Currency 9.13
9.93 9.87
Range of profit sharing per annum:
December 31, April 30, December 31,
2003 2003
2002
Receivables 16
.33-20.48
16.06-21.66 18.13-21.44 Musyarakah finance receivables
9.08-24.81 14.57-24.80 14.29-26.52 Other
syariah finance receivables 1.
94-29.83
1.13 1.06-7.69
c. Loan Collateral The loans are generally collateralized by registered mortgages, powers of attorney to mortgage
or sell pledged assets, time deposits or other guarantees acceptable to Bank Mandiri. d. Government Program Loans
Government program loans consist of investment loans, permanent working capital loans and working capital loans which can be fully funded by the Government.
e. Syndicated Loans The syndicated loans represent loans provided to customers under syndication agreements
with other banks. Bank Mandiri’s share as facility agent in syndicated loans ranged from 52.08 to 77.88, 45.08 to 79.35 and 41.28 to 75.79 of the total syndicated loans as of
December 31, 2003, April 30, 2003 and December 31, 2002, respectively. Bank Mandiri’s total participation in syndicated loans ranged from 0.07 to 60.00, 0.10 to 58.13 and 0.41 to
75.79, of the total syndicated loans as of December 31, 2003, April 30, 2003 and December 31, 2002, respectively.
PT BANK MANDIRI PERSERO TBK. AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
December 31, 2003, April 30, 2003 and December 31, 2002 Expressed in millions of Rupiah, unless otherwise stated
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