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 5145 54. FOREIGN CURRENCY TRANSACTIONS
The fair value of forward and cross currency swap transactions are presented as derivative receivablespayables in the consolidated statement of financial position Note 11.
Details of outstanding buy and sell foreign currency spot transactions Bank Mandiri only as at 31 December 2014 and 2013 are as follows:
2014 Spot - Buy
Spot - Sell Original Currency
Rupiah Original Currency
Rupiah Original Currency
full amount Equivalent
full amount Equivalent
United States Dollar 77,621,682
961,345 91,040,000
1,127,530 Others
- 199,468
- 162,032
1,160,813 1,289,562
2013 Spot - Buy
Spot - Sell Original Currency
Rupiah Original Currency
Rupiah Original Currency
full amount Equivalent
full amount Equivalent
United States Dollar 89,920,346
1,094,331 82,703,495
1,006,502 Others
- 142,876
- 181,257
1,237,207 1,187,759
Consist of various foreign currencies.
55. RELATED PARTY TRANSACTIONS
In the normal course of business, Bank Mandiri entered into certain significant transactions with the following related parties:
Related party relationship as the controlling shareholder: The Government of the Republic of Indonesia through Ministry of Finance
Related parties relationship by ownership andor management:
Related Parties Nature of Relationship
PT Kustodian Sentral Efek Indonesia Associate Company
PT Sarana Bersama Pengembangan Indonesia Associate Company
Dana Pensiun Bank Mandiri Bank Mandiri as a founder
Dana Pensiun Bank Mandiri 1 Bank Mandiri as a founder
Dana Pensiun Bank Mandiri 2 Bank Mandiri as a founder
Dana Pensiun Bank Mandiri 3 Bank Mandiri as a founder
Dana Pensiun Bank Mandiri 4 Bank Mandiri as a founder
PT Bumi Daya Plaza Controlled by Dana Pensiun Bank Mandiri since 19 December
2013 PT Pengelola Investama Mandiri
Controlled by Dana Pensiun Bank Mandiri since 19 December 2013
PT Usaha Gedung Mandiri Controlled by Dana Pensiun Bank Mandiri since 19 December
2013 PT Estika Daya Mandiri
Controlled by Dana Pensiun Bank Mandiri 1 PT Asuransi Staco Mandiri dahulu PT Asuransi
Staco Jasapratama Controlled by Dana Pensiun Bank Mandiri 2
PT Mulia Sasmita Bhakti Controlled by Dana Pensiun Bank Mandiri 3
PT Krida Upaya Tunggal Controlled by Dana Pensiun Bank Mandiri 4
PT Wahana Optima Permai Controlled by Dana Pensiun Bank Mandiri 4
Koperasi Kesehatan Pegawai dan Pensiunan Bank Mandiri Mandiri Healthcare
Significantly influenced by Bank Mandiri
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 5146 55. RELATED PARTY TRANSACTIONS continued
The nature of transactions with related parties includes among others, current accounts with other banks, investments in shares, securities, employee’s pension plan, loans, deposits from
customers and bank guarantee.
Related parties relationship with government related entities
Related Parties Nature of Relationship
Adhi Multipower Pte. Ltd. Subsidiary of State Owned Enterprise
PT Abacus Distri System Indonesia Subsidiary of State Owned Enterprise
PT Adhiguna Putera Subsidiary of State Owned Enterprise
PT Aerojasa Perkasa Subsidiary of State Owned Enterprise
PT Aerowisata Subsidiary of State Owned Enterprise
PT Angkasa Citra Sarana Catering Subsidiary of State Owned Enterprise
PT Angkasa Pura Hotel Subsidiary of State Owned Enterprise
PT Arthaloka Indonesia Subsidiary of State Owned Enterprise
PT Asrinda Arthasangga Subsidiary of State Owned Enterprise
PT Asuransi Berdikari Subsidiary of State Owned Enterprise
PT Asuransi Jasa Raharja Putera Subsidiary of State Owned Enterprise
PT Asuransi Jiwa Taspen Subsidiary of State Owned Enterprise
PT Bahana Artha Ventura Subsidiary of State Owned Enterprise
PT Bank BRI Syariah Subsidiary of State Owned Enterprise
PT Bank Negara Indonesia Syariah Subsidiary of State Owned Enterprise
PT Berdikari United Livestock Subsidiary of State Owned Enterprise
PT Berlian Jasa Terminal Ind Subsidiary of State Owned Enterprise
PT BNI LIFE INSURANCE Subsidiary of State Owned Enterprise
PT BNI Multi Finance Subsidiary of State Owned Enterprise
PT Bromo Steel Indonesia Subsidiary of State Owned Enterprise
PT Cogindo Dayabersama Subsidiary of State Owned Enterprise
PT Daya Laut Utama Subsidiary of State Owned Enterprise
PT Dharma Lautan Nusantara Subsidiary of State Owned Enterprise
PT Dok Perkapalan Waiame Subsidiary of State Owned Enterprise
PT Electronic Data Interchange Indonesia Subsidiary of State Owned Enterprise
PT Eltran Indonesia Subsidiary of State Owned Enterprise
PT Energi Pelabuhan Indonesia Subsidiary of State Owned Enterprise
PT Galangan Pelni Surya Subsidiary of State Owned Enterprise
PT Gapura Angkasa Subsidiary of State Owned Enterprise
PT Geo Dipa Energi Subsidiary of State Owned Enterprise
PT Haleyora Power Subsidiary of State Owned Enterprise
PT Indofarma Global Medika Subsidiary of State Owned Enterprise
PT Indonesia Chemical Alumina Subsidiary of State Owned Enterprise
PT Indonesia Comnets Plus Subsidiary of State Owned Enterprise
