PT BANK MANDIRI PERSERO TBK. AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Years Ended December 31, 2007 and 2006 Expressed in millions of Rupiah, unless otherwise stated
70
19. DEPOSITS FROM OTHER BANKS - DEMAND AND SAVINGS DEPOSITS continued
d. As of December 31, 2007 and 2006, demand and savings deposits pledged by borrowers as bank guarantees, loan collateral and trade finance facilities amounted to Rp224,286 and Rp1,596,
respectively. 20. DEPOSITS FROM OTHER BANKS - INTER-BANK CALL MONEY
a. By Currency:
2007 2006
Rupiah -
1,420,000 Foreign Currency
827,617 479,681
827,617 1,899,681
b. By Remaining Period Until Maturity Date:
2007 2006
Rupiah: Less than 1 month
- 1,420,000
Foreign Currency: Less than 1 month
827,617 479,681
827,617 1,899,681
c. Average Interest Rates Per Annum:
2007 2006
Rupiah -
8.26 Foreign Currency
5.42 4.25
d. As of December 31, 2007 and 2006, the Bank had no inter-bank call money from related party banks. 21. DEPOSITS FROM OTHER BANKS - TIME DEPOSITS
a. By Currency:
2007 2006
Rupiah 1,724,286
4,203,055 Foreign Currency
1,221,373 799,955
2,945,659 5,003,010
b. By Contract Period:
2007 2006
Rupiah: Less than 1 month
1,703,249 4,152,853
3 months 7,640
43,708 6 months
2,300 4,269
12 months 11,097
2,225 Total Rupiah
1,724,286 4,203,055
Foreign Currency: Less than 1 month
1,197,890 799,955
6 months 23,483
- Total Foreign Currency
1,221,373 799,955
2,945,659 5,003,010
PT BANK MANDIRI PERSERO TBK. AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Years Ended December 31, 2007 and 2006 Expressed in millions of Rupiah, unless otherwise stated
71
21. DEPOSITS FROM OTHER BANKS - TIME DEPOSITS continued
b. By Contract Period continued: Included in deposits from other banks - time deposits are unrestricted investments - mudharabah time
deposits amounting to RpNil and Rp5,433 as of December 31, 2007 and 2006, respectively. c. Average Interest Rates and Range of Profit Sharing Per Annum:
Average interest rates per annum:
2007 2006
Rupiah 7.39
11.12 Foreign Currency
3.71 4.03
Range of profit sharing per annum on mudharabah time deposits:
2007 2006
Rupiah 6.60 - 8.05
5.58 - 8.53 Foreign Currency
2.85 - 3.35 1.20 - 3.55
d. As of December 31, 2007 and 2006, the Bank had no time deposits from related party banks. e. As of December 31, 2007 and 2006, time deposits from other banks which are frozen and blocked as
bank guarantees, loan collateral and trade finance facilities amounted to Rp42,079 and Rp11,721, respectively.
f. In the second quarter of year 2005, Bank has entered into two Callable Parallel Deposit transactions with counterparty bank relating to the sale contract of Government Recapitalization Bonds. Such
contract was initiated when the Bank transferred Government Recapitalization Bonds to Counterpart Bank and received the fund from the proceeds in Rupiah. A portion of the total transfer proceeds
amounting to Rp1,268,000 was placed back as deposit to counterparty bank and then the Bank received US Dollar loan amounting to US100 million full amount.
The details of Callable Parallel Deposits contracts are as follows:
Deposit Effective Date
Maturity Date Beginning
Balance Ending Balance
Interest Rate Rupiah
May 16, 2005 June 20, 2013
634,000 1,493,110
11.17 United States
Dollar May 17, 2005
June 15, 2013 US50 million
full amount US50 million
full amount 3 months
LIBOR + spread Rupiah
June 3, 2005 December 20, 2013
634,000 1,540,310
11.00 United States
Dollar June 8, 2005
December 15, 2013 US50 million
full amount US50 million
full amount 3 months
LIBOR + spread Zero Coupon Deposits
The deposit was funded from a portion of fund received from transfer proceeds of Government Bonds to counterparty bank.
