Cash and Cash Equivalents
n. Derivative Receivables and Derivative Payables continued
2. The effective portion arising from gain or loss of derivative contracts, which are both designated and qualify as a cash flow hedge instruments is reported as other comprehensive income. The hedge ineffectiveness portion is recognised as a gain or loss in the current year consolidated statement of income. 3. Gain or loss arising from derivative contract that is designated, qualifies as a net investment hedge in a foreign operation and that is highly effective is reported as other comprehensive income. 4. Gain or loss arising from derivative contract not designated as a hedging instrument or derivative contract that does not qualify as a hedging instrument is recognised in the current year consolidated statement of income. Derivative receivables are classified as financial assets at fair value through profit or loss, meanwhile derivative payables are classified as financial liabilities at fair value through profit or loss. Refer to Note 2c for the accounting policy of financial assets and liabilities at fair value through profit or loss.o. Loans
Loans represent agreement to provide cash or cash equivalent based on agreements with borrowers, where borrowers are required to repay their debts with interest after a specified period, and matured trade finance facilities which have not been settled within 15 days. Syndicated loans, direct financing and joint financing, and channeling loans are stated at their outstanding balances in proportion to the risks borne by the Bank and its Subsidiaries. Included in loans are financing by Bank Syariah Mandiri “BSM”, a Subsidiary, in the form of sharia receivables, financing and funding. Brief explanation for each type of sharia financing is as follows: Mudharabah financing is a co-operation for certain project between first party malik, shahibul mal or Subsidiary as owner of fund and second party amil, mudharib or debtors as fund manager whereas the profit sharing will be shared in accordance with percentage as stated in the agreement, meanwhile losses will be borne by the Subsidiary except if the second party does negligence, error or violate the agreement. Mudharabah financing is stated at the outstanding financing balance less allowance for possible losses. Musyarakah financing is a co-operation between two or more parties in a certain business wherein each party provides a portion of fund on condition that the profit shall be shared in the agreement, whereas losses shall be borne in accordance with the portion of the fund of each party. Musyarakah financing is stated at the outstanding financing balance less allowance for possible losses. Ijarah receivables are the financing on the availability of fund in relation to transferring the right to use and benefit of a good and service based on rental transaction which was not followed by transfer of the goods ownership to the lessee. Ijarah muntahiyah bittamlik is an agreement on the availability of fund in relation to transferring the use right and benefit of a good or service based on rental transaction with an option to transfer the ownership title of goods to the lessee.Parts
» FS Bank Mandiri Tbk 311211 Eng 1 Final opini
» Establishment FS Bank Mandiri Tbk 311211 Eng 1 Final opini
» Merger FS Bank Mandiri Tbk 311211 Eng 1 Final opini
» Merger continued FS Bank Mandiri Tbk 311211 Eng 1 Final opini
» Recapitalisation FS Bank Mandiri Tbk 311211 Eng 1 Final opini
» Recapitalisation continued FS Bank Mandiri Tbk 311211 Eng 1 Final opini
» Quasi-Reorganisation FS Bank Mandiri Tbk 311211 Eng 1 Final opini
» Divestment of Government Share Ownership Subsidiaries Associates
» Subsidiaries and Associates continued PT Bank Syariah Mandiri
» Subsidiaries and Associates continued PT Mandiri Sekuritas
» Subsidiaries and Associates continued PT Mandiri Tunas Finance
» Subsidiaries and Associates continued PT AXA Mandiri Financial Services
» Subsidiaries and Associates continued PT Mandiri AXA General Insurance continued
» Structure and Management FS Bank Mandiri Tbk 311211 Eng 1 Final opini
» Structure and Management continued
» SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
» Changes in accounting policies in current year continued
» Financial instruments A. Financial assets
» Financial instruments continued A. Financial assets continued
» Financial instruments continued B. Financial liabilities
» Financial instruments continued C. Derecognition
» Financial instruments continued E. Classes of financial instrument
» Financial instruments continued E. Classes of financial instrument continued
» Financial instruments continued G. Allowance for impairment losses of financial assets
» Financial instruments continued G. Allowance for impairment losses of financial assets continued
» Financial instruments continued I.
» Principles of Consolidation FS Bank Mandiri Tbk 311211 Eng 1 Final opini
» Principles of Consolidation continued
» Foreign Currency Transactions and Balances
» Transactions with Related Parties
» Transactions with Related Parties continued
» Current Accounts with Bank Indonesia and Other Banks
» Placements with Bank Indonesia and Other Banks
» Marketable Securities FS Bank Mandiri Tbk 311211 Eng 1 Final opini
» Government Bonds FS Bank Mandiri Tbk 311211 Eng 1 Final opini
» Government Bonds continued FS Bank Mandiri Tbk 311211 Eng 1 Final opini
» Other Receivables - Trade Transactions
» Securities PurchasedSold under ResaleRepurchase Agreements
» Derivative Receivables and Derivative Payables
» Derivative Receivables and Derivative Payables continued
» Loans FS Bank Mandiri Tbk 311211 Eng 1 Final opini
» Loans continued FS Bank Mandiri Tbk 311211 Eng 1 Final opini
» Consumer Financing Receivables FS Bank Mandiri Tbk 311211 Eng 1 Final opini
» Net Investment in Finance Lease
» Fixed Assets and Leased Assets
» Fixed Assets and Leased Assets continued
» Investments in Shares FS Bank Mandiri Tbk 311211 Eng 1 Final opini
» Allowance for Possible Losses on Non-Earning Assets
» Acceptance Receivables and Payables
» Other Assets FS Bank Mandiri Tbk 311211 Eng 1 Final opini
» Obligation due Immediately FS Bank Mandiri Tbk 311211 Eng 1 Final opini
» Deposits from Customers FS Bank Mandiri Tbk 311211 Eng 1 Final opini
» Liability for Future Policy Benefits and Liability to Unit-Linked Holders
» Determining fair values of financial instruments Employee benefit
» CURRENT ACCOUNTS WITH BANK INDONESIA
» MARKETABLE SECURITIES Employee benefit continued
» GOVERNMENT BONDS Employee benefit continued
» DERIVATIVE RECEIVABLES AND PAYABLES
» CONSUMER FINANCING RECEIVABLES Employee benefit continued
» ACCEPTANCE RECEIVABLES Employee benefit continued
» POLICYHOLDERS’ INVESTMENT AND LIABILITY TO UNIT-LINKED HOLDERS
» OTHER ASSETS Employee benefit continued
» DEPOSITS FROM CUSTOMERS - DEMAND DEPOSITS
» DEPOSITS FROM CUSTOMERS - TIME DEPOSITS
» DEPOSITS FROM OTHER BANKS - DEMAND AND SAVING DEPOSITS
» DEPOSITS FROM OTHER BANKS - INTER-BANK CALL MONEY
» ACCEPTANCE PAYABLES Employee benefit continued
» MARKETABLE SECURITIES ISSUED Employee benefit continued
» FUND BORROWINGS Employee benefit continued
» ESTIMATED LOSSES ON COMMITMENTS AND CONTINGENCIES
» Tax Expense FS Bank Mandiri Tbk 311211 Eng 1 Final opini
» Tax expense - Current continued
» SUBORDINATED LOANS Deferred tax assets - net continued
» TEMPORARY SYIRKAH FUNDS Deferred tax assets - net continued
» NON CONTROLLING INTEREST IN NET ASSETS OF CONSOLIDATED SUBSIDIARIES
» SHARE CAPITAL a. Authorised, Issued and Fully Paid-in Capital
» Authorised, Issued and Fully Paid-in Capital continued
» Additional Paid-In CapitalAgio FS Bank Mandiri Tbk 311211 Eng 1 Final opini
» Additional Paid-In CapitalAgio continued Distribution of Net Income
» MANAGEMENT STOCK OPTION PLAN
» OTHER OPERATING INCOME – OTHERS
» ALLOWANCE FOR IMPAIRMENT LOSSES
» REVERSAL FOR POSSIBLE LOSSES
» GAINS ON SALE OF MARKETABLE SECURITIES AND GOVERNMENT BONDS
» SALARIES AND EMPLOYEE BENEFITS
» GENERAL AND ADMINISTRATIVE EXPENSES EMPLOYEE BENEFITS
» OTHER OPERATING EXPENSES - OTHERS - NET
» IMPACT ON THE INITIAL IMPLEMENTATION OF SFAS 50 REVISED 2006 AND SFAS 55 REVISED 2006
» Liabilities 17.87 FS Bank Mandiri Tbk 311211 Eng 1 Final opini
» CUSTODIAL SERVICES AND TRUST OPERATIONS
» Integrated Banking System Agreement with Vendor
» Legal Matters FS Bank Mandiri Tbk 311211 Eng 1 Final opini
» Value Added Tax VAT on Bank Syariah Mandiri BSM Murabahah Transactions
» Temporary suspension in receiving new Rahn’s customer by Bank Syariah Mandiri BSM
» GOVERNMENT GUARANTEE FOR THE OBLIGATIONS OF LOCALLY INCORPORATED BANKS
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