Trade Financing with Asian Development Bank ADB
PT BANK MANDIRI PERSERO Tbk. AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DECEMBER 2009, 2008 AND 2007
Expressed in millions of Rupiah, unless otherwise stated
Appendix 5147 60. NEW ACCOUNTING STANDARDS continued
DSAK-IAI has also issued revision of the followings accounting standards which are applicable for financial statements covering periods beginning on or after 1 January 2011:
- SFAS 1 revised 2009 – Presentation of Financial Statements,
- SFAS 2 revised 2009 – Statements of Cashflows,
- SFAS 4 revised 2009 – Consolidated and Separate Financial Statements,
- SFAS 5 revised 2009 – Operating Segments,
- SFAS 12 revised 2009 – Interest in Joint Ventures,
- SFAS 15 revised 2009 – Investment in Associates,
- SFAS 25 revised 2009 – Accounting Policies, Changes in Accounting Estimates and Errors,
- SFAS 48 revised 2009 – Impairment of Assets,
- SFAS 57 revised 2009 – Provisions, Contingent Liabilities and Contigent Assets,
- SFAS 58 revised 2009 – Non-Current Assets Held for Sale and Discountinued Operations,
- Interpretation of SFAS 7 revised 2009 – Consolidation of Special Purpose Entities,
- Interpretation of SFAS 9 – Changes in Existing Decommissioning, Restoration and Similar
Liabilities, -
Interpretation of SFAS 10 – Customer Loyalty Program, -
Interpretation of SFAS 11 – Distribution of Non-Cash Assets to Owners, -
Interpretation of SFAS 12 – Jointly Controlled Entities: Non-monetary Contributions by Ventures. Bank and its Subsidiaries are evaluating the impact of the implementation of these revised standard on
the consolidated financial statements.