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
49
10. DERIVATIVE RECEIVABLES AND PAYABLES continued
As of December 31, 2006, a summary of derivative transactions is as follows:
Notional Amount Fair Value
Derivative Derivative
Transactions Contract
Note 2k Receivables
Payables
Third parties
Foreign Exchange Related 1.
Forward - buy US Dollar
314,493 308,027
17 6,483
Others 398,874
389,757 4,028
13,145 2.
Forward - sell US Dollar
75,158 74,350
819 11
Others 90,661
91,551 248
1,138 3.
Swap - buy US Dollar
1,179,910 1,173,632
95 6,373
Others 1,069,095
1,080,094 13,319
2,320 4.
Swap - sell US Dollar
3,446,550 3,054,153
392,467 70
Others 49,967
49,697 296
26 5.
Option - buy US Dollar
406 406
- Others
1,218 1,218
- 6.
Option - sell US Dollar
408 -
408 Others
930 -
930 Interest Rate Related
1. Swap - Interest rate
US Dollar 62,095
- 62,095
Other 7,411
- 7,411
2. Forward Rate Agreement
US Dollar 2,487
2,074 413
Total 414,987
100,823 Less: Allowance for possible losses
4,260 -
410,727 100,823
As of December 31, 2007 and 2006, the collectibility of derivative receivables is as follows:
2007 2006
Current 340,451
414,987 Total
340,451 414,987
Less: Allowance for possible losses 3,800
4,260 Balance at end of year
336,651 410,727
Management believes that the allowance for possible losses on derivative receivables is adequate. Movements of allowance for possible losses on derivative receivables:
2007 2006
Balance at beginning of year 4,260
3,443 Reversalprovision during the year Note 36
467 874
Others 7
57
Balance at end of year 3,800
4,260
Includes effect of foreign exchange translation.
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
50
11. LOANS
A. Details of loans: a By Currency and Related Parties and Third Parties:
2007 2006
Rupiah: Related parties Note 47a
235,021 121,625
Third parties 96,494,562
82,131,648 Total Rupiah
96,729,583 82,253,273
Foreign Currency: Related parties Note 47a
548,057 629,047
Third parties 41,275,912
34,875,002 Total Foreign Currency
41,823,969 35,504,049
Total 138,553,552
117,757,322 Less: Deferred income
23,472 86,380
Total 138,530,080
117,670,942 Less: Allowance for possible losses
13,041,696 14,388,695
125,488,384 103,282,247
b By Type and Collectibility:
2007
Special Sub-
Current Mention
standard Doubtful
Loss Total
Rupiah: Working capital
45,495,670 3,744,579
852,535 247,143
1,623,923 51,963,850
Investment 17,205,052
2,626,582 95,397
141,657 1,260,488
21,329,176 Consumer
14,259,902 2,008,299
78,619 80,945
381,814 16,809,579
Export 1,877,506
93,720 7,205
- 143,166
2,121,597 Government Program
1,421,302 254,652
13,476 1,644
159,015 1,850,089
Syndicated 87,193
238,070 -
- 975,634
1,300,897 Employees
1,347,111 3,710
74 104
3,396 1,354,395
Total Rupiah 81,693,736
8,969,612 1,047,306
471,493 4,547,436
96,729,583 Foreign Currency:
Working capital 13,507,875
3,892,009 132,799
68,225 1,810,956
19,411,864 Investment
9,749,240 1,972,543
62,664 -
2,910,767 14,695,214
Syndicated 2,931,299
487,036 49
- 43,075
3,461,459 Export
1,299,023 522,602
100,432 -
705,594 2,627,651
Government Program 130,152
- -
- -
130,152 Consumer
83,178 1,691
- 123
- 84,992
Employees 659
- -
- -
659 Others
1,259,031 85,758
57,044 7,983
2,162 1,411,978
Total Foreign Currency 28,960,457
6,961,639 352,988
76,331 5,472,554
41,823,969 Total
110,654,193 15,931,251
1,400,294 547,824
10,019,990 138,553,552
Less: Deferred income
1,398 22,074
- -
- 23,472
Total 110,652,795
15,909,177 1,400,294
547,824 10,019,990
138,530,080 Less:
Allowance for possible losses
1,239,540 1,866,006
164,798 240,685
9,530,667 13,041,696
109,413,255 14,043,171
1,235,496 307,139
489,323 125,488,384