43 25.3
25.4 23.6
T otal CAR
2
1,150 30
23.2 18.0
44.0 25.2
51.7 4.1
55.6 2.5
0.5 23,214
206,289 263,383
92,056 106,693
FY 2005
12.6 296.9
13.5 0.3
1.6 1.5
10.3 YoY Change
1,295 119
24.6 19.6
74.8 16.3
57.2 4.7
48.9 10.0
1.1 26,341
205,708 267,517
90,648 117,671
FY 2006
24,381
T otal Equity
55.9
LDR
24.8
T otal CAR
incl. Market Risk
19.7
T ier 1 CAR
2
49.5
Provisions N PLs
46.8
Cost to Income
1
6.6
RoE – after tax p.a.
0.9
RoA - before tax p.a.
1,201
Book ValueShare Rp
58
EPS Rp
24.6
Gross N PL T otal Loans
4.4
N IM Y-T -D
194,473
Customer Deposits
253,713
T otal Assets
90,957
Government Bonds
108,796
Gross Loans
Q 3 2006
IDR billion
Key Q uarterly Balance Sheet Items Financial Ratios
1 G A and employee expenses N et Interest Income + Other Operating Income, excluding bond gains 2 Bank only – N ot including M arket Risk
44
Summary PL Information – FY 2005 vs. FY 2006
48.8
0.1
247
0.1 166
Gain from Increase in Value Sale of Bonds
166.7
0.0
120
0.0 45
N on O perating Income 1.3
0.2
593
0.2 601
O ther O perating Expenses
129.6
1.1
2,831
0.5 1,233
N et Income Before T ax 5.6
1.3
3,251
1.2 3,080
G A Expenses 5.3
1.2
3,018
1.2 3,187
Personnel Expenses 3.5
1.4
3,505
1.3 3,388
Provisions, N et
300.8
0.9
2,421
0.2 604
N et Income After T ax 128.2
1.1
2,711
0.5 1,188
Profit from Operations 7.0
1.0
2,486
0.9 2,323
O ther O perating Income 15.5
4.0
10,345
3.5 8,955
N et Interest Income 32.1
6.2
15,916
4.7 12,044
Interest Expense 25.1
10.2
26,261
8.2 20,999
Interest Income
of Av.Assets
Rp Billions
of Av.Assets
Rp Billions
YoY Change
FY 2006 FY 2005
of Average Assets on an annualized basis primarily premiums paid under the blanket guarantee scheme
177.4 176.9
153.5 153.8
153.9 155.5
148.8 152.7
38.6 54.0
47.1 50.6
55.4 50.2
54.6 60.7
56.6 60.2
51.4 64.5
57.6 55.1
54.0 59.2
90.6 91.0
92.3 92.2
137.0 131.4
122.9 107.3
102.3 92.1
92.3 92.5
93.2 93.1
94.0
44.0 43.0
48.3 50.4
57.0 65.4
68.7 66.8
72.6 75.9
76.7 117.7
108.8 107.8
105.1
48.3 94.4
87.0 82.3
99.5 104.0
106.9 106.9
36.1 39.0
44.6 57.3
60.5 33.4
27.0
2 4
6 8
1 1
2 1
4 1
6 1
8 2
2 2
2 4
2 6
2 8
Q 4 99 Q 4 00
Q 4 01 Q 1 02
Q 2 02 Q 3 02
Q 4 02 Q 1 03
Q 2 03 Q 3 03
Q 4 03 Q 1 04
Q 2 04 Q 3 04
Q 4 04 Q 1 05
Q 2 05 Q 3 05
Q 4 05 Q 1 06
Q 2 06 Q 3 06
Q 4 06
G o
v e
rn m
e n
t B
o n
d s
L o
a n
s O
th e
r A
ss e
ts
4 1
.0 4
6 .9
4 4
.1
4 5
.6
4 7
.4
6 .6
6 3
.6
6 7
.8
6 8
.2
7 4
.1
7 5
.4 4
1 .4
4 .9
4 7
.1 4
2 .8
4 2
.3
1 9
.0 1
9 .0
1 9
.3 2
2 .1
2 9
.9 3
4 .1
4 6
.2 5
.0
5 .6
4 .6
In t.
f ro
m B
o n
d s
In t.
f ro
m L
o a
n s
T o
ta l
a ss
e ts
r o
se b
y 1
.6 Y
-o -Y
a n
d 5
.4 Q
-o -Q
To ta
l A s se
ts R
p t n
C o
n so
li d
a te
d
46
Recap Bond sales of Rp400 bn from VR Trading Portfolio
Portfolio Sales as of December 2006 Rp bn
90.65 61.10
28.72 0.83
T otal -
86.50 4.15
T otal
67.4 31.7
0.9 of T otal
-
- -
- H edge Bonds
95.4
59.75 26.70
0.05 Variable Rate
4.6
1.35 2.02
0.78 Fixed Rate
of T otal
H TM
N ominal Value
AFS
Mark to Market
Trading
Mark to Market
At Fair Value, D ec. 2 0 0 6
Rp tn
1 7
7 .4
1 7
6 .9
1 5
3 .5
1 4
8 .8
1 2
3 .0
9 3
.1 9
.6 9
1 .0
9 2
.1
4.0 1.5
32.3
0.4 2.5
1.0 15.8
24.5
40 80
120 160
200
1999 2000
2001 2002
2003 2004
2005 9 Mo.
06 Q 4 06
5 10
15 20
25 30
35
Recap Bonds Bond Sales
Bond Portfolio Movement Fair Value 1999 – 2006
R u
p ia
h T
ri ll
io n
s
4 45
1,452 9 Mo.
‘06
66 257
2,544 2005
105 1
400
Q 4 ‘06
66 1,365
32,334 2004
1,868 Realized
Profit
Unrealized Profit
Bonds Sold
ID R bn
52 24,505
2003
Mark to Market impacts Profit Mark to Market impacts Equity
Q u
a rt
e rl
y M
a rg
in A
n a
ly si
s b
y C
u rr
e n
c y
Q u
a rt
e rl
y R
u p
ia h
M a
rg in
s Q
u a
rt e
rl y
F o
re ig
n C
u rr
e n
c y
M a
rg in
s
1.4 1.2
1.6 2.4
2.5 2.4
2.1 2.5
3.9 4.0
3.5 4.1
3.6 4.7
4.6 4.9
5.1
3.0 2.5
1.9 3.7
4.1
2.1 2.6
2.4 3.5
4.5
1.4
1 3
.2
1 5
.9 1
4 .1
1 8
.3
1 8
.9 1
1 .9
1 .8
8 .2
1 .2
1 4
.0
1 7
.6
1 2
.5 1
.4
1 1
.9
7 .4
8 .5
1 3
.1
1 7
.6
1 4
.0 6
.9
5 .4
7 .3
1 1
.7
1 4
.4
1 1
.1
Q 1 00 Q 2 00
Q 3 00 Q 4 00
Q 1 01 Q 2 01
Q 3 01 Q 4 01
Q 1 02 Q 2 02
Q 3 02 Q 4 02
Q 1 03 Q 2 03
Q 3 03 Q 4 03
Q 1 04 Q 2 04
Q 3 04 Q 4 04
Q 1 05 Q 2 05
Q 3 05 Q 4 05
Q 1 06 Q 2 06
Q 3 06 Q 4 06
A v
g S
p re
a d
A v
g L
o a
n Y
ie ld
A v
g B
o n
d Y
ie ld
A v
g 1
-M o
. S
B I
A v
g C
O F
0.5 1.6
0.4 -0.5
0.8 1.0
1.6 2.9
3.4 2.5
1.3 0.1
