PT BANK MANDIRI PERSERO TBK. AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Six Months Ended June 30, 2006 Unaudited and 2005 Audited Expressed in millions of Rupiah, unless otherwise stated
84
27. TAXATION continued
d. Deferred tax assets The tax effects from significant temporary differences between commercial and tax bases are as follows:
2006 2005
Bank Mandiri Deferred tax assets:
Allowance for possible losses on earning assets other than loans 703,725
931,790 Tax loss current period
- 300,257 Loans write-offs
318,831 - Provision for personnel expenses
367,714 253,802
Allowance for possible loan losses 164,531
192,163 Estimated losses on commitments and contingencies
151,610 198,734
Allowance for possible losses arising from legal cases 114,451
115,007 Unrealized loss for securities and government recapitalization bonds
available for sale 58,674
207,631 Accumulated losses arising from difference in net realizable value of
abandoned property 9,319
- Accumulated losses arising from difference in net realizable value of
repossessed collateral 3,135
- ____________
____________ Deferred tax assets
1,891,990 2,199,384
Deferred tax liabilities: Net book value of premises and equipment
70,883 49,256
Mark to market of securities 11,612
571 Net deferred tax assets - Bank Mandiri only
1,832,719 2,149,557
Net deferred tax assets - Subsidiaries 15,327
4,969
Total consolidated deferred tax assets - net 1,848,046
2,154,526
28. OTHER LIABILITIES
2006 2005
Rupiah: Provision for post-employment benefits Note 43
535,517 460,482
Accrued bonus, employee incentives, leave and holiday 452,358
463,578 Provision for free of service period benefits Note 43
413,631 -
Provision for possible losses on legal cases Note 57e 366,828
366,411 Unearned income
323,752 226,602
Guarantee deposits 276,599
222,621 Payable to customers
222,200 674,863
Inter-branch accounts – net -
205,016 Others
1,947,858 1,631,188
Total Rupiah 4,538,743
4,250,761 Foreign Currency:
Guarantee deposits 401,709
498,049 Unearned income
227,764 243,654
Provision for possible losses on legal cases Note 57e 14,677
16,947 Inter-branch accounts
61,766 -
Others 1,480,224
1,224,314 Total Foreign Currency
2,186,140 1,982,964
6,724,883 6,233,725
PT BANK MANDIRI PERSERO TBK. AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Six Months Ended June 30, 2006 Unaudited and 2005 Audited Expressed in millions of Rupiah, unless otherwise stated
85
28. OTHER LIABILITIES continued
