Additional Paid-In CapitalShare Premium
42. INTEREST EXPENSE AND SHARIA EXPENSE
Interest expense and sharia expense are incurred on the following: For the year ended December 31, 2015 2014 Time deposits 18,487,729 16,481,206 Saving deposits 2,918,599 3,352,005 Demand deposits 1,961,379 1,562,423 Fund borrowings 1,206,241 825,948 Marketable securities issued 454,181 446,278 Subordinated loans 424,118 425,860 Others 754,777 411,798 26,207,024 23,505,518 Included in interest expense of time deposits and saving deposits is expense based on sharia principle for the years ended December 31, 2015 and 2014 amounting to Rp2,438,112 and Rp2,451,302, respectively. Included in interest expense and sharia expense above are interest expense from related parties transactions from fund borrowings for the years ended December 31, 2015 and 2014 amounting to Rp3,759 and Rp59,292, respectively Note 55.43. OTHER OPERATING INCOME - OTHERS For the year ended December 31,
2015 2014 Income from loan written-off 3,430,132 2,607,206 Income from penalty 196,154 156,921 Stamp duty income 47,275 48,237 Safety deposit box 34,954 34,979 Others 2,417,255 1,120,858 6,125,770 3,968,201 44. ALLOWANCE FOR IMPAIRMENT LOSSES For the year ended December 31, 2015 2014 Allowancereversal for provision of impairment losses on: Current accounts with other banks Note 5d 46 6,846 Placements with other banks Note 6e 26,256 10,321 Marketable securities Note 7g 34,394 18,804 Other receivables - trade transactions Note 9d 41,428 115,522 Securities purchased under resale agreements Note 10c 41,941 41,941 Loans Note 12B.j 11,460,581 5,294,726 Consumer financing receivables Note 13c 291,624 209,113 Net investment in lease finance Note 14c 2,356 10,806 Acceptance receivables Note 15d 16,822 44,873 Investments in shares Note 16c 7,087 488 11,664,837 5,718,130 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 17045. PROVISION FOR REVERSAL OF POSSIBLE LOSSES For the year ended December 31,
2015 2014 Allowancereversal provision for: Estimated losses arising from fraud cases 10,266 11,710 Estimated losses arising from legal cases 11,594 129,296 Others assets Note 20 157,382 42,475 179,242 183,481 46. UNREALISED GAINSLOSSES FROM INCREASEDECREASE IN FAIR VALUE OF MARKETABLE SECURITIES, GOVERNMENT BONDS AND POLICYHOLDERS INVESTMENT IN UNIT-LINKED CONTRACTS For the year ended December 31, 2015 2014 Marketable securities 992 93,824 Government bonds 19,298 52,697 Changes in market value of policyholders’ investment and increasedecrease in liability in unit-linked contracts - Change in market value of policyholders’ investment 2,142,173 2,860,353 - Increase in liability in unit-linked contracts 2,142,173 2,860,353 18,306 146,521 47. GAIN ON SALE OF MARKETABLE SECURITIES AND GOVERNMENT BONDS For the year ended December 31, 2015 2014 Marketable securities Fair value through profit and loss 27,760 39,425 Available for sale 62,683 33,355 Government bonds Fair value through profit and loss 21,219 45,220 Available for sale 219,357 116,463 275,499 234,463Parts
» Bank Mandiri Tbk Eng 31 Des 2015 Released
» Merger GENERAL INFORMATION a. Establishment
» Recapitalisation GENERAL INFORMATION continued b. Merger continued
» Divestment of Government Share Ownership
» GENERAL INFORMATION continued g. Subsidiaries associates
» GENERAL INFORMATION continued g. Subsidiaries associates continued
» GENERAL INFORMATION continued g. Subsidiaries and Associates continued
» Structure and Management GENERAL INFORMATION continued g. Subsidiaries and Associates continued
» GENERAL INFORMATION continued h. Structure and management continued
» Basis of Preparation of the Consolidated Financial Statements
» Financial assets Changes in accounting policies
» SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued c. Financial instruments continued
» Foreign currency transactions and balances
» Transactions with related parties
» Current accounts with Bank Indonesia and other banks
» Placements with Bank Indonesia and other banks
» SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued
» Securities purchasedsold under resalerepurchase agreements
» Derivative receivables and derivative payables
» Loans and sharia receivablesfinancing
» Consumer financing receivables SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued l.
» Net investment in lease financing
» Fixed assets and software continued
» Allowance for possible losses on non-earning assets
» Acceptance receivables and payables
» Other assets SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued s. Investments in shares
» SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued z. Insurance contract continued
» SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued ad. Income tax continued
» SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued ae. Temporary syirkah funds continued
» SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued ah. Fees and commissions income
» SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued ai. Employee benefits continued
» Pension programs Insurance liabilities on insurance contracts
» Deferred tax assets Depreciation and estimated useful life of fixed assets
» Impairment of non-financial assets
» CURRENT ACCOUNTS WITH BANK INDONESIA December 31, December 31,
» CURRENT ACCOUNTS WITH BANK INDONESIA continued
» CURRENT ACCOUNTS WITH OTHER BANKS
» CURRENT ACCOUNTS WITH OTHER BANKS continued
» PLACEMENTS WITH BANK INDONESIA AND OTHER BANKS continued
» MARKETABLE SECURITIES MARKETABLE SECURITIES continued
» MARKETABLE SECURITIES continued Bank Mandiri Tbk Eng 31 Des 2015 Released
» MARKETABLE SECURITIES continued MARKETABLE SECURITIES continued
» MARKETABLE SECURITIES continued GOVERNMENT BONDS
» GOVERNMENT BONDS continued Bank Mandiri Tbk Eng 31 Des 2015 Released
» OTHER RECEIVABLES - TRADE TRANSACTIONS
» OTHER RECEIVABLES - TRADE TRANSACTIONS continued
» SECURITIES PURCHASED UNDER RESALE AGREEMENTS
» SECURITIES PURCHASED UNDER RESALE AGREEMENTS continued
» DERIVATIVE RECEIVABLES AND PAYABLES
» DERIVATIVE RECEIVABLES AND PAYABLES continued
» LOANS AND SHARIA FINANCINGRECEIVABLES continued
» 2 By type and Bank Indonesia’s collectibility:
» CONSUMER FINANCING RECEIVABLES continued
» NET INVESTMENT FINANCE LEASES
» NET INVESTMENT IN FINANCE LEASE continued ACCEPTANCES RECEIVABLE
» ACCEPTANCES RECEIVABLE continued Bank Mandiri Tbk Eng 31 Des 2015 Released
» INVESTMENT IN SHARES continued
» FIXED ASSETS Bank Mandiri Tbk Eng 31 Des 2015 Released
» FIXED ASSETS continued Bank Mandiri Tbk Eng 31 Des 2015 Released
» FIXED ASSETS continued Others continued INTANGIBLE ASSETS December 31, December 31,
» OTHER ASSETS December 31, December 31,
» OTHER ASSETS continued DEPOSITS FROM CUSTOMERS - DEMANDWADIAH DEMAND DEPOSITS
» DEPOSITS FROM CUSTOMERS - SAVINGWADIAH SAVING DEPOSITS continued
» DEPOSITS FROM CUSTOMERS - TIME DEPOSITS continued
» DEPOSITS FROM OTHER BANKS - DEMANDWADIAH DEMAND AND SAVING DEPOSITS
» DEPOSITS FROM OTHER BANKS - DEMANDWADIAH DEMAND AND SAVING DEPOSITS continued
» DEPOSITS FROM OTHER BANKS - INTER-BANK CALL MONEY
» DEPOSITS FROM OTHER BANKS - TIME DEPOSITS
» LIABILITY TO UNIT-LINKED HOLDERS
» LIABILITY TO UNIT-LINKED HOLDERS continued
» LIABILITY TO UNIT-LINKED HOLDERScontinued
» SECURITIES SOLD UNDER REPURCHASE AGREEMENTS
» ACCEPTANCES PAYABLE Bank Mandiri Tbk Eng 31 Des 2015 Released
» MARKETABLE SECURITIES ISSUED Bank Mandiri Tbk Eng 31 Des 2015 Released
» MARKETABLE SECURITIES ISSUED continued Bonds continued
» MARKETABLE SECURITIES ISSUED continued Subordinated Notes Sharia Mudharabah
» MARKETABLE SECURITIES ISSUED continued
» Prepaid taxes December 31, December 31,
» TAXATION continued b. Taxes payable
» TAXATION continued d. Tax expense - current
» TAXATION continued d. Tax expense - current continued
» Tax on fixed assets revaluation
» Tax collection letter Fiscal year 2014
» EMPLOYEE BENEFIT LIABILITIES December 31, December 31,
» OTHER LIABILITIES continued Bank Mandiri Tbk Eng 31 Des 2015 Released
» FUND BORROWINGS continued December 31, December 31, FUND BORROWINGS continued
» FUND BORROWINGS continued Bank Mandiri Tbk Eng 31 Des 2015 Released
» FUND BORROWINGS continued FUND BORROWINGS continued
» SUBORDINATED LOANS continued December 31, December 31,
» SUBORDINATED LOANS continued Two-Step Loans TSL continued TEMPORARY SYIRKAH FUNDS
» TEMPORARY SYIRKAH FUNDS continued
» Authorised, Issued and Fully Paid Capital
» SHARE CAPITAL continued a. Authorised, Issued and Fully Paid Capital continued
» SHARE CAPITALcontinued a. Authorised, Issued and Fully Paid-in Capital continued
» Additional Paid-In CapitalShare Premium
» SHARE CAPITALcontinued c. Distribution of Net Income continued
» INTEREST EXPENSE AND SHARIA EXPENSE
» OTHER OPERATING INCOME - OTHERS For the year ended December 31,
» PROVISION FOR REVERSAL OF POSSIBLE LOSSES For the year ended December 31,
» SALARIES AND EMPLOYEE BENEFITS For the year ended December 31,
» GENERAL AND ADMINISTRATIVE EXPENSES For the year ended December 31, EMPLOYEE BENEFITS
» EMPLOYEE BENEFITS continued Pension Plan
» EMPLOYEE BENEFITS continued Bank Mandiri Tbk Eng 31 Des 2015 Released
» EMPLOYEE BENEFITS continued EMPLOYEE BENEFITS continued
» EMPLOYEE BENEFITS continued Labor Law No. 132003
» OTHER OPERATING EXPENSES - OTHERS - NET For the year ended December 31,
» COMMITMENTS AND CONTINGENCIES Bank Mandiri Tbk Eng 31 Des 2015 Released
» FOREIGN CURRENCY TRANSACTIONS RELATED PARTY TRANSACTIONS
» RELATED PARTY TRANSACTIONS continued
» Liabilities RELATED PARTY TRANSACTIONS continued
» Temporary Syirkah Funds Note 38
» SEGMENT INFORMATION Bank Mandiri Tbk Eng 31 Des 2015 Released
» SEGMENT INFORMATION continued Bank Mandiri Tbk Eng 31 Des 2015 Released
» CAPITAL ADEQUACY RATIO Bank Mandiri Tbk Eng 31 Des 2015 Released
» CAPITAL ADEQUACY RATIO continued
» CUSTODIAL SERVICES AND TRUST OPERATIONS continued
» CHANNELING LOANS Bank Mandiri Tbk Eng 31 Des 2015 Released
» CHANNELING LOANS continued RISK MANAGEMENT
» RISK MANAGEMENT continued Bank Mandiri Tbk Eng 31 Des 2015 Released
» RISK MANAGEMENT continued RISK MANAGEMENT continued
» Legal matters RISK MANAGEMENT continued
» Trade Financing with Asian Development Bank ADB
» NEW FINANCIAL ACCOUNTING STANDARDS AND INTERPRETATION
Show more