These consolidated financial statements are originally issued in Bahasa.
PT BANK MANDIRI PERSERO Tbk. AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
As of December 31, 2015 and for the year then ended Expressed in millions of Rupiah, unless otherwise stated
138
33. TAXATION continued g. Tax assessment letters
Fiscal year 2013
Based on verification process done by Tax office, on December 16, 2014, Tax Office issued Tax Underpayment Assessment Letter SKPKB which stated underpayment of corporate tax expense in
relation to the use of tax rate for 2013 fiscal year of Rp1,313,347 including penalties. Management disagree with the Tax Underpayment Assessment Letter and has submitted an
objection letter to Tax Office dated March 10, 2015. Bank has paid all the tax underpayment amount and recorded it as prepaid tax on December 31, 2015 and 2014. Until the date of the
these consolidated financial statements, the tax objection is still in progress.
Fiscal year 2010
Based on tax audit result, on December 6, 2012, the Bank received Tax Underpayment Assessment Letters SKPKB which stated underpayments of corporate income tax related with loan write-offs
and Value Added Tax VAT and Tax Collection Letter penalties STP for fiscal year 2010 totalled to Rp1,108,071.
Management disagree with the Tax Underpayment Assessment letter result and on March 4, 2013, Bank has submitted an objection letter to the tax office.The Bank has paid all the tax underpayment
which recorded as prepaid tax as of December 31, 2015 and 2014. On December 2013, the Tax Office issued a decision letter to the Banks objection letters on VAT
above and partially accepted the Banks objection, therefore the Tax office refunded a portion of prepaid tax related to VAT. The Bank disagreed with the above decision letter and has submitted an
appeal for on the above decision letter to the Tax Court in March 2014. Until the date of this consolidated financial statements, the tax court is still on progress.
On February 21, 2014, Tax Office issued a decision letter to the Banks objection letters on tax underpayment on corporate income tax and Tax Office rejected the objection. The Bank has filed an
appeal against the objection decision letter to the Tax Court on May 19, 2014. Until the date of these consolidated financial statements, the appeal in tax court is still on progress.
h. Tax collection letter Fiscal year 2014
Based on assesment process done by Tax Office on December 29, 2015, Tax Office issued Tax Collection Letter STP which stated underpayment of corporate tax expense for 2014 fiscal year of
Rp1,459,120 and penalties of Rp233,459. Management disagree with the Tax Collection Letter and Bank has submitted an application letter for
cancellation Tax Collection Letter to Tax Office on December 31, 2015. Bank has paid all the tax underpayment of Rp1,459,120 and recorded it as prepaid tax on December 31, 2015. Until the date
of these consolidated financial statements, Bank is still waiting for the result on the above concellation request.
PT BANK MANDIRI PERSERO Tbk. AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
As of December 31, 2015 and for the year then ended Expressed in millions of Rupiah, unless otherwise stated
139
34. EMPLOYEE BENEFIT LIABILITIES December 31,
December 31, 2015
2014
Rupiah Provision for post-employment benefit Note 50
2,411,613 2,234,193
Provisions for bonuses, leave and holiday entitlements 3,365,464
2,946,967 5,777,077
5,181,160
The provision for post-employment benefit such as pension fund and other long term remuneration is according to Bank and Subsidiaries’ policy which had been calculated using actuarial calculation.
35. OTHER LIABILITIES December 31,
December 31, 2015
2014
Rupiah: Liability to policyholders
3,486,140 3,144,685
Guarantee deposits 1,053,344
737,225 Liability related to ATM and credit card transaction
966,227 966,018
Payable to customers 926,371
2,018,396 Liabilities related to unit-link
596,316 1,152,424
Deferred income directly attributable 517,242
501,082 Deferred income not directly attributable
356,577 242,143
Customers transfer transaction 124,431
57,367 Payable from purchase of marketable securities
42,194 13,201
Others 3,442,846
4,320,549 Total
11,511,688 13,153,090
Foreign currencies: Guarantee deposits
906,797 1,178,359
Other liabilities related to UPAS transactions 743,551
796,728 Deferred income not directly attributable
321,721 422,854
Customers transfer transaction 64,301
555,859 Deferred income directly attributable
3,761 1,936
Others 637,593
261,860 Total Note 61B.v
2,677,724 3,217,596
14,189,412 16,370,686
Liabilities to policyholders consist of liabilities of the Subsidiaries AXA Mandiri Financial Services, Mandiri AXA General Insurance and PT Asuransi Jiwa Indonesia InHealth as follows:
December 31, December 31,
2015 2014
Future policy benefits from non unit-linked products 1,705,778
1,724,888 Claim payables
89,324 93,824
Unearned premiums 1,188,453
954,692 Estimated claim liabilities
502,585 371,281
3,486,140 3,144,685
