BANK INDONESIA
Notes to Financial Statements As at December 31, 2008
44
36. General and Other Expenses
General and Other Expenses for the year 2008 and 2007 consisted of:
2008 2007
IDR million IDR million
Human Resources 3,235,905
2,726,172 Logistics and Security Management
740,973 735,298
Information Technology System 128,168
80,109 Others:
- Internal Finance 60,180
13,378 - Internal Control
5,026 6,252
- Legislature and Law 44,025
14,388 - Administration, Archive and Expedition
19,035 17,254
Withdrawal from accounts that have been inactive for more than 2 years and have been recognized as
income 33,471
Addition of Allowance for Bad Debts 767,152
5,000,464 3,626,322
According to Act of the Republic of Indonesia Number 23 of 1999 concerning Bank Indonesia as amended by Act of the Republic of Indonesia Number 3 of 2004, salary,
other income and facilities of the Governor, Senior Deputy Governor and Deputy Governor shall be prescribed by the Board of Governors. The amount of such salary and
other income of the Governor shall be determined at the maximum of 2 two times the salary and other income of an employee of the highest rank in Bank Indonesia.
Included in the General and Other expenses were salaries, incentives, holiday bonus tunjangan hari raya, and compensation on annual leaves uang penggantian cuti
tahunan for the Board of Governors amounted to IDR15,872 million and IDR17,143 million for the year 2008 and 2007, respectively. The Board of Governors also receives
other income in the form of grand leaves cuti besar, post retirement benefits, benefit payable to members of the Board of Governors due to expiration of terms of office, long
service awards, benefit payable upon termination at normal retirement age, benefit payable upon termination due to the death of employee or hisher spouse or hisher
children bantuan uang duka, and other facilities inluding housing, transportation, medicalhealth, telecommunication, insurance, credit card and memberships.
Included in the Organization and Human Resource Management expenses were employee benefit expenses amounted to IDR830,123 million for the year 2008 see
Notes C.24 – Other Liabilities.
BANK INDONESIA
Notes to Financial Statements As at December 31, 2008
45
37. Capital Ratio
The ratio of Capital Capital, General Reserves, and Current Year Surplus to Monetary Liabilities as at December 31, 2008 was 10.38. The Capital and Monetary Liabilities
used in the Capital Ratio calculation at December 31, 2008 amounted to IDR72,798,810 million and IDR701,524,534 million, respectively. The Capital, Monetary Liabilities, and
Capital Ratio as at December 31, 2008 is as follows:
IDR million a. Capital
- Capital 7,610,885
- General Reserves 49,663,865
- 90 of Current Year Surplus 15,524,060
Total
72,798,810
b. Monetary Liabilities - Currency in Circulation
264,399,922 - Government Demand Deposits
97,228,550 - Bank Demand Deposits
85,197,077 - International Financial Institutions Demand Deposits not
including IMF Demand Deposit, World Bank Demand Deposit, and ADB Demand Deposit
652,491 - Bank Indonesia Certificates
253,840,471 - Loans from Government
206,023 Total
701,524,534
c. Capital Ratio Capital + General Reserves + 90 of Current Year Surplus
Monetary Liabilities
= 10.38