NET INVESTMENT IN FINANCE LEASE continued ACCEPTANCES RECEIVABLE

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 112

16. INVESTMENT IN SHARES continued

b. Investment in shares by Bank Indonesia’s collectibility: December 31, December 31, 2015 2014 Current 8,175 58,405 Substandard 50,331 - Doubtful - 266 Loss 138 1 58,644 58,672 Less: Allowance for impairment losses 10,250 3,182 Net 48,394 55,490 c. Movements of allowance for impairment losses on investment in shares: December 31, December 31, 2015 2014 Beginning balance 3,182 3,224 Allowancereversal during the year Note 44 7,087 488 Others 19 446 Ending balance 10,250 3,182 Includes effect of foreign currency translation Management believes that the allowance for impairment losses on investment in shares is adequate. 17. PREPAID EXPENSES December 31, December 31, 2015 2014 Prepaid rent 1,299,001 1,017,201 Building maintenance 587,060 557,942 Others 413,791 262,357 2,299,852 1,837,500 Prepaid rent mostly consists of rentals on buildings which are used as the Group branch’s offices and official residence across Indonesia. 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 113

18. FIXED ASSETS

The details of fixed assets were as follows: December 31, 2015 Beginning Ending Balance Additions Deductions Reclassifications Balance At Cost Direct ownership Land 2,839,124 - - 6,805 2,845,929 Building 3,309,328 106,978 8,158 660,920 4,069,068 Furnitures, office equipment and computer 7,121,181 372,619 29,524 1,338,029 8,802,305 Vehicles 279,190 6,502 3,998 6,876 288,570 Construction in progress 1,925,734 1,538,731 76 2,012,630 1,451,759 15,474,557 2,024,830 41,756 - 17,457,631 Leased assets 12,495 - - - 12,495 15,487,052 2,024,830 41,756 - 17,470,126 Accumulated Depreciation Note 49 Direct ownership Building 1,450,960 189,886 7,526 - 1,633,320 Furnitures, office equipment and computer 4,948,105 962,248 26,374 - 5,883,979 Vehicles 156,996 35,036 3,653 - 188,379 6,556,061 1,187,170 37,553 - 7,705,678 Leased assets 2,135 625 - - 2,760 6,558,196 1,187,795 37,553 - 7,708,438 Net book value Direct ownership Land 2,845,929 Building 2,435,748 Furniture, office equipment and computer 2,918,326 Vehicles 100,191 Construction in progress 1,451,759 9,751,953 Leased assets 9,735 9,761,688 December 31, 2014 Beginning Ending Balance Additions Deductions Reclassifications Balance At Cost Direct ownership Land 2,807,067 16,540 1 15,518 2,839,124 Buildings 2,591,342 302,313 217 415,890 3,309,328 Furnitures, office equipment and computer 6,374,639 233,843 12,602 525,301 7,121,181 Vehicles 259,936 19,489 2,981 2,746 279,190 Construction in progress 1,212,770 1,678,539 6,120 959,455 1,925,734 13,245,754 2,250,724 21,921 - 15,474,557 Leased assets 12,495 - - - 12,495 13,258,249 2,250,724 21,921 - 15,487,052