PT BANK MANDIRI PERSERO TBK. AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Years Ended December 31, 2007 and 2006 Expressed in millions of Rupiah, unless otherwise stated
82
27. TAXATION continued e. Deferred tax assets continued
2007 2006
Deferred tax liabilities: Net book value of premises and equipment
81,161 75,256
Mark to market of securities 7
4,346 Unrealized gain for Securities and Government Bonds
available for sale -
98,387 Net deferred tax assets - Bank Mandiri only
4,080,468 3,280,444
Net deferred tax assets - Subsidiaries 15,979
15,007
Total deferred tax assets 4,096,447
3,295,451
28. OTHER LIABILITIES
2007 2006
Rupiah: Provision for post-employment benefits Note 42
784,938 689,654
Provision for free of service period benefits Note 42 655,489
489,650 Accrued bonus, employee incentives, leave and holiday
647,930 399,635
Payable to customer 557,822
664,689 Guarantee deposits
527,347 306,880
Unearned income 351,257
333,089 Provision for possible losses on legal cases Note 56e
204,611 301,046
Others 2,681,784
2,248,471 Total Rupiah
6,411,178 5,433,114
Foreign Currency: Guarantee deposits
565,340 312,870
Unearned income 199,043
185,487 Inter-branch accounts - net
159,328 69,040
Provision for possible losses on legal cases Note 56e 1,131
15,181 Others
2,288,011 954,604
Total Foreign Currency 3,212,853
1,537,182 9,624,031
6,970,296
Movements of provisions for possible losses on legal cases for the years ended December 31, 2007 and 2006 were as follows:
2007 2006
Balance at beginning of year 316,227
471,706 Reversal during the year Note 37
106,619 154,427
Others 3,866
1,052
Balance at end of year 205,742
316,227
Includes effect of foreign currency translation.
Management believes that the provision for possible losses on legal cases is adequate.
PT BANK MANDIRI PERSERO TBK. AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Years Ended December 31, 2007 and 2006 Expressed in millions of Rupiah, unless otherwise stated
83
29. SUBORDINATED LOANS
a. By Currency:
2007 2006
Rupiah: Two-Step Loans TSL
Nordic Investment Bank NIB a 213,724
246,358 Export-Import Bank of Japan EBJ b
- 9,765
Asian Development Bank ADB c 688
1,378 International Bank for Reconstruction
and Development IBRD d -
8,674 ASEAN Japan Development Fund-Overseas
Economic Cooperation Fund AJDF-OECF e 71,506
84,507 ASEAN Japan Development Fund-Export-Import
Bank of Japan AJDF-EBJ f 1,687
2,812 287,605
353,494 Bank Indonesia
2,423,859 2,448,859
Total Rupiah 2,711,464
2,802,353 Foreign Currency:
Two-Step Loans - Asian Development Bank ADB c 203,864
200,797 Two-Step Loans - Kreditanstalt fur Wiederaufbau, Frankfurt KfW g
19,947 34,192
Others -
1,120,018 Total Foreign Currency
223,811 1,355,007
2,935,275 4,157,360
b. By Type:
2007 2006
Two-Step Loans TSL Nordic Investment Bank NIB a
213,724 246,358
Export-Import Bank of Japan EBJ b -
9,765 Asian Development Bank ADB c
204,552 202,175
International Bank for Reconstruction and Development IBRD d
- 8,674
ASEAN Japan Development Fund-Overseas Economic Cooperation Fund AJDF-OECF e
71,506 84,507
ASEAN Japan Development Fund-Export-Import Bank of Japan AJDF-EBJ f
1,687 2,812
Kreditanstalt fur Wiederaufbau, Frankfurt KfW g 19,947
34,192 511,416
588,483 Bank Indonesia
2,423,859 2,448,859
Others -
1,120,018 2,935,275
4,157,360
