PT BANK MANDIRI PERSERO Tbk. AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DECEMBER 2014 AND 2013
Expressed in millions of Rupiah, unless otherwise stated
Appendix 5136 45. ALLOWANCEREVERSAL FOR POSSIBLE LOSSES
2014 2013
Allowancereversal provision for: Estimated losses arising from fraud cases
11,710 4,337
Estimated losses arising from legal cases 129,296
14,409 Others assets Note 20
42,475 23,070
183,481 4,324
46. UNREALISED GAINSLOSSES
FROM INCREASEDECREASE
IN FAIR
VALUE OF
MARKETABLE SECURITIES, GOVERNMENT BONDS AND POLICYHOLDERS INVESTMENT IN UNIT-LINKED CONTRACTS
2014 2013
Marketable securities 93,824
26,049 Government Bonds
52,697 193,304
Changes in market value of policyholders’ investment and increasedecrease in liability in unit-linked contracts
- Change in market value of policyholders’ investment 2,860,353
737,407 - Increase in liability in unit-linked contracts
2,860,353 737,407
146,521 219,353
47. GAINLOSS ON SALE OF MARKETABLE SECURITIES AND GOVERNMENT BONDS
2014 2013
Marketable securities Fair value through profit and loss
39,425 6,145
Available for sale 33,355
2,709 Government Bonds
Fair value through profit and loss 45,220
11,293 Available for sale
116,463 46,973
234,463 39,116
48. SALARIES AND EMPLOYEE BENEFITS
2014 2013
Salaries, wages, pension and tax allowances 6,100,140
5,233,494 Holidays THR, leave and related entitlements
1,206,130 956,753
Employee benefits in kind 904,372
752,661 Training and education
463,904 423,474
Provision for post-employment benefit expenses 293,932
321,791 Provision of tantiem
152,273 160,243
Bonuses and others 1,727,280
1,582,921 10,848,031
9,431,337
PT BANK MANDIRI PERSERO Tbk. AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DECEMBER 2014 AND 2013
Expressed in millions of Rupiah, unless otherwise stated
Appendix 5137 48. SALARIES AND EMPLOYEE BENEFITS continued
Total gross salaries and allowances, bonustantiem, long-term employment benefits of the Boards of Commissioners, Directors, Audit Committee and Risk Monitoring and Good Corporate Governance
Committee, Sharia Supervisory Board and Executive Vice President and Senior Vice President are amounting to Rp717,073 and Rp586,221 Note 55 for the years ended 31 December 2014 and 2013,
respectively as follows:
2014 Long-term
Salaries and Bonus
Employment Allowance
Tantiem Benefits
Total
The Board of Commissioners 29,609
53,981 2,459
86,049 Directors
110,995 200,259
10,835 322,089
Audit Committee and Risk Monitoring and Good Corporate Governance Committee
3,255 1,404
- 4,659
Syariah Supervisory Board 1,114
21 -
1,135 Senior Executive Vice Presidents and
Senior Vice Presidents 176,079
112,135 14,927
303,141 321,052
367,800 28,221
717,073
Effective from 9 January 2014, Execuvitve Vice Presidents changed to Senior Executive Vice Presidents as mentioned at Board of Directors’ Decree SK No. KEP.DIR122014
2013 Long-term
Salaries and Bonus
Employment Allowance
Tantiem Benefits
Total
The Board of Commissioners 29,173
52,636 1,757
83,566 Directors
111,619 169,158
11,482 292,259
Audit Committee and Risk Monitoring and Good Corporate Governance Committee
3,133 1,129
- 4,262
Sharia Supervisory Board 1,159
21 -
1,180 Executive Vice Presidents and
Senior Vice Presidents 119,644
74,614 10,696
204,954 264,728
297,558 23,935
586,221
49. GENERAL AND ADMINISTRATIVE EXPENSES
2014 2013
Professional fees 2,380,440
1,978,886 Rent
1,291,413 1,157,268
Goodsservices provided by third parties 1,116,362
829,061 Promotions
986,272 989,542
Repairs and maintenance 973,698
883,411 Depreciation of fixed assets Note 19
938,547 822,193
Communications 918,280
824,442 Electricity, water and gas
512,952 433,332
Office supplies 488,373
412,631 Transportations
339,631 294,589
Traveling expenses 247,239
212,948 Amortisation of intangible assets
217,254 131,282
Insurance expenses 70,404
75,737 Others
967,445 853,078
11,448,310 9,898,400
For the year ended 31 December 2014 and 2013, promotions expenses include the sweepstakes prize expense of third party funds amounting to Rp48,145 and Rp21,880, respectively.
