INVESTMENTS IN SHARES Insurance liabilities on insurance contracts and Liability Adequacy Test LAT

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS 31 DECEMBER 2012 AND 2011 Expressed in millions of Rupiah, unless otherwise stated Appendix 588 17. POLICYHOLDERS’ INVESTMENT AND LIABILITY TO UNIT-LINKED HOLDERS continued Money Market This is money market fund with underlying exposures in money market instrument including term deposits and fixed income securities listed in Indonesia Stock Exchange through mutual fund Mandiri Investa Pasar Uang. The details of sharia unit-linked investments type of contracts are as follow: 2012 2011 Attractive Money Syariah 649,302 567,787 Active Money Syariah 71,487 58,440 Advanced Commodity Syariah 28,549 12,729 Amanah Equity Syariah 1,906 - 751,244 638,956 The policyholders’ funds - sharia placed in statutory deposits as of 31 December 2012 and 2011 amounted to Rp15,235 and Rp14,430, respectively. Attractive Money Syariah This is an equity fund with underlying exposures in stocks and bonds listed in Indonesia Stock Exchange and money market instruments in accordance with sharia principle through mutual fund Mandiri Saham Syariah Attractive. Active Money Syariah This is a balanced fund with underlying exposures in stocks and bonds listed in Indonesia Stock Exchange and money market instruments in accordance with sharia principle through mutual fund Mandiri Berimbang Syariah Aktif. Advanced Commodity Syariah This is an equity fund with underlying exposures mainly in commodity and commodity - related stocks that listed in Indonesia Stock Exchange and money market instruments in accordance with sharia principle through mutual fund Mandiri Komoditas Syariah Plus. Amanah Syariah Equity This is an equity fund with underlying exposures in stocks listed in Indonesia Stock Exchange and money market instruments in accordance with sharia principle through mutual fund BNP Paribas Pesona Amanah.

18. PREPAID EXPENSES

2012 2011 - Prepaid rent 737,746 616,183 - Building maintenance 410,197 368,475 - Others 287,814 420,100 1,435,757 1,404,758 Prepaid rent mostly consists of rent on buildings which are used as the Group branch’s offices across Indonesia. NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS 31 DECEMBER 2012 AND 2011 Expressed in millions of Rupiah, unless otherwise stated Appendix 589 19. FIXED ASSETS The details of fixed assets were as follows: Movements from 1 January 2012 Beginning Ending to 31 December 2012 Balance Additions Deductions Reclassifications Balance CostRevalued Amount Direct ownership Land 2,780,439 3,111 4 - 2,783,546 Buildings 2,036,746 81,395 1,313 285,806 2,402,634 Furnitures, fixtures, office equipment and computer equipment 4,179,972 484,295 104,071 951,362 5,511,558 Vehicles 202,612 34,261 12,036 9,764 234,601 Construction in progress 1,183,097 1,065,604 5,838 1,246,932 995,931 10,382,866 1,668,666 123,262 - 11,928,270 Leased assets 12,495 - - - 12,495 10,395,361 1,668,666 123,262 - 11,940,765 Accumulated Depreciation Note 48 Direct ownership Buildings 1,169,521 98,703 469 49 1,267,706 Furnitures, fixtures, office equipment and computer equipment 3,102,078 490,583 17,621 49 3,575,089 Vehicles 74,256 30,764 10,625 - 94,395 4,345,855 620,050 28,715 - 4,937,190 Leased assets 260 625 - - 885 4,346,115 620,675 28,715 - 4,938,075 Net book value Direct ownership Land 2,783,546 Buildings 1,134,928 Furniture, fixtures, office equipment and computer equipment 1,936,469 Vehicles 140,206 Construction in progress 995,931 6,991,080 Leased assets 11,610 7,002,690 Construction in progress as at 31 December 2012 was comprised of: Balance Computers and other hardware that have not been installed 561,170 Buildings 348,069 Office equipment and inventory 66,816 Vehicles 3,206 Others 16,670 995,931