PT BANK MANDIRI PERSERO Tbk. AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DECEMBER 2014 AND 2013
Expressed in millions of Rupiah, unless otherwise stated
Appendix 5109 35. OTHER LIABILITIES continued
Payable to customers mostly represent payable arising from marketable securities transactions done by PT Mandiri Sekuritas the Bank’s subsidiary.
Liability related to ATM and credit card transactions represents payable arising from ATM transactions via ATM Bersama, ATM Link and ATM Prima network and payable to Visa and MasterCard on credit
card transactions.
Non-controling interest from Subsidiary’s mutual funds consolidation represents the portion of non- controling arises from consolidation of mutual funds controlled by Subsidiary AXA Mandiri Financial
Services.
Guarantee deposits are cash guarantee deposited by the Bank’s customers for export and import transaction and bank guarantee issuance.
Deferred income directly attributable represents unamortised provisioncommissions income directly attributable to loans.
Deferred income not directly attributable represents unamortised provisioncommissions income not directly attributable to loans.
Payable from purchase of marketable securities represents the Bank’s liability related to purchase of marketable securities transactions that have been subsequently settled on 5 January 2015 and
3 January 2014, respectively for the year 2014 and 2013.
Other liabilities related to UPAS transactions represents liability to the paying bank in foreign currencies in relation to UPAS receivables from importer.
Others mostly consist of inter-office account, liabilities related to import transaction, suspense and unsettled transaction such as customer’s financial transaction.
36. FUND BORROWINGS
2014 2013
Rupiah: Related parties Note 55
a PT Permodalan Nasional Madani Persero -
2,369 g Others
202,609 775,945
202,609 778,314
Third parties b Ministry of Public Housing Kemenpera
137,570 109,021
c Direct Off-shore Loans 300,000
- f
Repo to Maturity 494,301
- g Others
3,221,252 3,241,145
4,153,123 3,350,166
Total Rupiah 4,355,732
4,128,480 Foreign currencies:
Related parties Note 55 e Trade Financing Facilities
49,540 -
Third parties c Direct Off-shore Loans
10,500,576 8,121,615
d Bilateral Loan 6,190,452
3,041,233 e Trade Financing Facilities
3,130,804 705,860
Total foreign currencies Note 61B.v 19,821,832
11,868,708 19,871,372
11,868,708 24,227,104
15,997,188
PT BANK MANDIRI PERSERO Tbk. AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DECEMBER 2014 AND 2013
Expressed in millions of Rupiah, unless otherwise stated
Appendix 5110 36. FUND BORROWINGS continued
a PT Permodalan Nasional Madani Persero This account represents fund borrowings granted by PT Permodalan Nasional Madani Persero
to Bank Mandiri and Bank Sinar Harapan Bali BSHB. The outstanding loan balance as at 31 December 2014 and 2013 for Bank Mandiri are RpNil and RpNil, respectively, and for BSHB
are RpNil and Rp2,369, respectively. These facilities bear interest rate at 7.00 per annum. The payment schedule of fund borrowing terms depend on the terms of the individual loan agreement,
the last in June 2013 for the Bank and in June 2014 for BSHB. Bank Mandiri lent this fund to the members of Primary Cooperation Kredit Koperasi Primer kepada Anggotanya KKPA. The Bank
and BSHB has repaid the loan in June 2013 and 2014. The outstanding balance as at 31 December 2013 was from BSHB.
b Ministry of Public Housing Kemenpera This account represents a Liquidity Facility of House Financing FLPP with sharing financing of
70.00 from Ministry of Public Housing’s fund and 30.00 from Bank Mandiri’s fund, in accordance with the Memorandum of Understanding between the Ministry of Public Housing
No. 07SKBM2012 and PT Bank Mandiri Persero Tbk. No. DIR.MOU0032012 dated 15 February 2012 regarding the Amendment of Memorandum of Understanding between the
Ministry of Public Housing No. 13SKBDP2011 and PT Bank Mandiri Persero Tbk. No. DIR.MOU0152011 regarding the Funding Distribution of Liquidity Facility of House Financing
FLPP in the framework of the housing procurement through the Welfare House Ownership Loan. The agreement was followed by Operational Cooperation Agreement between Public Service
Center of House Financing Agency of the Ministry of Public Housing of the Republic of Indonesia No. 02SK.9HK.02.0422012 with PT Bank Mandiri Persero Tbk. No. DIR.PKO0102012 dated
15 February 2012 regarding the Funding Distribution of Liquidity Facility of House Financing FLPP in the framework of the housing procurement through the Welfare House Ownership Loan.
The outstanding loan balance as at 31 December 2014 and 2013 was amounted to Rp137,570 and Rp109,021. The facility bears interest at 0.50 per annum. The loan has a payment schedule
of maximum 240 months 20 years with the first installment start at the following month for fund disbursed from date of 1 until 10, and start the next two months for the fund disbursed from date
of 11 until the end of the month. The repayment principal and interest to Kemenpera will be made not later than the date of 10 for each month.
c Direct Off-shore Loans The details of direct off-shore loans are as follows:
2014 2013
Rupiah: Bank Of America, Singapore
300,000 -
Total Rupiah 300,000
- Foreign currencies:
Standard Chartered Bank, Singapore 3,096,250
3,042,500 Deutsche Bank AG, Singapore
2,477,000 3,651,000
Nomura International Plc, London 2,442,369
- Bank of America, Hong Kong
1,424,275 -
Agence Française de Développement 690,577
762,165 Asian Development Bank
- Tranche A 370,105
544,570 - Tranche B
- 121,380
Total Foreign currencies 10,500,576
8,121,615 10,800,576
8,121,615
