Tax expense Mandiri - Investor Relations - Audited Financials 2009 12English

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 591 29. OTHER LIABILITIES continued 2009 2008 2007 Foreign currencies: Guarantee deposits 537,120 440,451 565,340 Deferred income 148,856 198,791 199,043 Allowance for possible losses on legal cases Note 57c 20,166 18,756 1,131 Obligation under capital lease 1,008 2,248 - Others 892,148 1,470,279 2,447,339 Total foreign currencies 1,599,29 8 2,130,525 3,212,853 9,1 32,586 7,999,368 9,624,031 As at 31 December 2009, others mainly consist of accruals in relation to Bank’s operational cost amounted to Rp702,402 2008: Rp458,480 and 2007: Rp428,770 and payment related to ATM and credit card transaction amounted to Rp288,998 2008: Rp595,089 and 2007: Rp966,750. Movements of allowance for possible losses on legal cases for the years ended 31 December 2009, 2008 and 2007 were as follows: 2009 2008 2007 Balance at beginning of year 176,316 205,742 316,227 Allowancereversal during the year Note 38 340,707 31,133 106,619 Others 2,657 1,707 3,866 Balance at end of year 514,366 176,316 205,742 Includes effect of foreign currency translation. Management believes that the allowance for possible losses on legal cases is adequate.

30. SUBORDINATED LOANS

By Type and Currency: 2009 2008 2007 Rupiah: Two-Step Loans TSL a Nordic Investment Bank NIB 159,784 181,089 213,724 b ASEAN Japan Development Fund-Overseas Economic Cooperation Fund AJDF-OECF 45,504 58,505 71,506 c ASEAN Japan Development Fund-Export-Import Bank of Japan AJDF-EBJ - 562 1,687 d Asian Development Bank ADB - - 688 205,288 240,156 287,605 Bank Indonesia 2,319,559 2,366,859 2,423,859 Subordinated Bond Rupiah Bank Mandiri I 3,500,000 - - Total Rupiah 6,024,847 2,607,015 2,711,464 Foreign currencies: d Two-Step Loans - Asian Development Bank ADB 192,221 229,635 203,864 e Two-Step Loans - Kreditanstalt fur Wiederaufbau, Frankfurt KfW - - 19,947 Total Foreign currencies 192,221 229,635 223,811 6,217,068 2,836,650 2,935,275