82.8 88.8
93.7 97
.1 97.1
102.9 108.8
121.9 119
.8 126
.5 135.4
151.8 150
.4 159.9
166.2 186.9
179.9 189.8
198.8 214
.7 201.9
8.2 8.3 8.7 9.7 9.9
10.811.6 11.612.312.7
12.2 12.013.4
13.614.0 15.315.816.8
19.0 20.7
22.1 44.5
47.3 45
.7 53.9
47.8 50.3
39.9 46.2
45.3 47
.9 49.4
67.3 75.0
59.0 63
.0 77
.9 61.2
74.6 63
.9 73.4
67.2
20.318.3 21.1
18.822.023.122.9 22.225.422.3
24.0 25.3
28.228.028.5 36.1
33.3 38.5
49.2 51.1
43.5
99.6 105.7
109.3 108.4
124 .4
127 .8
127.0 147.8
143 .5
140.8 140.0
148.1 120.8
137.5 138.9
150 .7
152.8 153.7
155.2 176.2
176 .9
16.7 18.7
17.115.1 11.8
11.711.1 12.510.312.4
15.3 17.8
15.6 20.3
20.4 16.1
24.0 29.0
28.2 20.1
20.0
20 40
60 80
100 120
140 160
180 200
220 240
260 280
300 320
340 360
380 400
420 440
460 480
500 520
540 560
1Q 09
2 Q
09 3Q
09 4Q
09 1Q
10 2Q
10 3Q
10 4Q
10 1
Q 11
2Q 11
3Q 11
4Q 11
1Q 12
2 Q
12 3
Q 12
4Q 12
1Q 13
2 Q
13 3Q
13 4Q
13 1Q
14 FX Time
Rp Time FX Demand
Rp Demand FX Savings
Rp Savings
64.1 65
.8 68.8
69.8 74.5
80.7 84
.2 85
.4 85.1
96 .2
103.2 106.2
113.0 119
.2 123.2
126.3 124.7
124.3 130.9
138.8 131.8
4.4 4.4 4.2 4.5 0.2 0.4
1.3 1.4 1.6 1.5
1.7 1.4 1.3 1.5
1.6 1.8 1.6 1.5 1.7
2.0 2.3 40.6
41 .9
43.6 49
.1 49.1
53.1 57.5
63.8 64.7
70.1 74.7
80.7 82
.5 89
.8 93.3
102 .7
102.0 104.2
111.0 116
.9 116.3
19.7 20
.6 21.7
23.6 24.7
26.7 28.6
30 .7
32 .4
34.3 36
.3 39.0
40.7 43.3
44 .5
47.7 49.3
52.4 55.2
56.6 57.4
14.115.5 16.3
17.117.7 19.3
20.522.7 23.3
25.8 27.6
30.2 30.9
33.1 35.0
38.4 38.4
42.5 43.7
46.5 46.3
4.6 4.8 5.1
5.4 5.6 6.0
6.5 7.3 7.7
8.5 9.5
11.8 13.1
15.1 16.8
19.0 20.7 23.9
24.9 27.028.2
12.611.5 11.2
10.39.7 9.1
8.6 7.8 6.7
6.1 6.1
4.6 4.8
4.8 4.9
4.0 3.9 3.9
4.2 4.2 3.9
22.6 24.3
25.0 29.0
16.817.1 17.6
18.820.4 22.7
24.6 27.230.3
34.2 38.4
40.5 40.9
43.6 46.0
48.9 50.9
53.5 54.9
55.5 55.3
20 40
60 80
100 120
140 160
180 200
220 240
260 280
300 320
340 360
380 400
420 440
460 480
1Q 09
2 Q
09 3
Q 09
4Q 09
1 Q
10 2Q
10 3Q
10 4Q
10 1
Q 11
2Q 11
3Q 11
4Q 11
1Q 12
2Q 12
3Q 12
4Q 12
1Q 13
2 Q
13 3
Q 13
4Q 13
1 Q
14 Subsidiaries
Inst SAM
Micro Small
Cons Comm
Intl Corp
Y-o-Y
16.6
15.7
30.6 9.8
12.2
Y-o-Y
36.4 20.4
16.3
Loans by SBU + Subsidiaries Rp Tn
14.0
5.7
Deposits by Product – Consolidated
Rp Tn
Previously booked in Corporate Banking Loans from Treasury International have been reallocated to Corporate following
the reorganization in early 2010
45.6 40.1
20.1
470.4tn
Total Total
467.0tn 531.6tn
13.8
1.4 8.5
8
391.6tn
Total Wholesales Fees Rp1.1Tn
1
Total Wholesale Low Cost Deposits Rp77.3Tn
Growth of Tx cash management 58.5 YoY
2
Total Retail Fees of Rp1.5 Tn
1
Total Retail Low Cost Funds Rp241.8Tn
YoY increase in of E-channel transaction: 16.4
Total Retail Loans of Rp131.9 Tn
Assets Spread Rp1.8 Tn
31.8 of total loans
Pillar 1 Pillar 2
Pillar 3
1 Fee-Based Provision, Commission Fee 2 Excluding Mandiri Transaction System
Wholesale Transactions, Retail Payments High Yield Loans
9
Strengthen leadership in wholesale transaction banking
Comprehensive financing transaction solutions
Holistic relationship approach for leading Indonesian institutions
Build 1 or 2 positions in key retail financing segments
Win in mortgage, personal loan cards
Become a major player in micro- banking
Champion Syariah in Indonesia
Be the retail deposit bank of choice
Win through differentiated customer experience and targeted propositions
Deploy innovative payment solutions
Assets 1Q 2014
1Q 2013 Liabilities
1Q 2014 1Q 2013
Cash 14,501
11,681 Current Account
110,738 94,524
Current Acc w BI Other Banks 60,149
63,157 Savings
223,970 195,665
Placement w BI Other banks 33,183
38,959 Time Deposits
196,903 176,827
Advances Other 21,340
14,761 Marketable Securities
30,945 14,003
Total Deposits 531,611
467,017 Government Bonds
90,649 79,234
Loans Gross 470,423
391,641 Securities Issued
1,773 1,504
Provisions of Loans 16,630
14,459 Deposits from other banks
24,535 28,942
Net Loans 453,793
377,182 Borrowings
15,125 11,786
Reverse Repo 778
7,888 Other Int. Bearing
Liabilities 11,786
9,134 Other Provisions
2,015 1,641
Non Int. Bearing Liabilities 55,613
41,181 Deferred Tax Assets
3,755 3,542
Equity incl. Minority Interest
89,041 81,034
Other Assets 22,405
31,832
Total 729,483
640,599 Total 729,483
640,599
Rp Bn, Consolidated
10
Investments include policyholders of unit linked and Investments in shares has been reclassified to cash, government bonds, marketable securities, other assets.
11
Summary PL
Q1 2014 Q4 2013
Q1 2013 Y-o-Y
Q-o-Q
Rp Bn Rp Bn
Rp Bn ∆ ℅
∆ ℅ Interest Income
14,313 14,411
11,402 25.5
0.7 Interest Expense
5,333 5,052
3,946 35.1
5.6
Net Interest Income
8,980 9,359
7,455 20.5
4.0 Net Premium Income
584 605
610 4.3
3.4
Net Interest Income Premium Income
9,564 9,963
8,066 18.6
4.0 Other Non Interest Income
Other Fees and Commissions 2,130
2,606 1,861
14.4 18.3
Foreign Exchange Gains - Net 404
347 226
78.9 16.5
Gain fr. sale Incr. in Val Sale of Bonds 158
3 46
244.7 na
Others 835
1,226 1,140
26.7 31.8
Total Non Interest Income
3,528 4,176
3,273 7.8
15.5
Total Operating Income
13,092 14,140
11,339 15.5
7.4
Provisions, Net
1,217 851
1,089 11.8
43.0 Personnel Expenses
2,626 2,374
2,042 28.6
10.6 GA Expenses
2,309 3,167
2,034 13.5
27.1 Loss from decr. in value of Sec Gov Bonds
- -
- na
Other Expenses 476
767 566
16.0 38.0
Total Expense
5,411 6,309
4,642 16.6
14.2
Profit from Operations 6,463
6,979 5,608
15.3 7.4
Non Operating Income 4
334 42
110.5 101.3
Net Income Before Tax 6,459
7,313 5,650
14.3 11.7
Net Income After Tax
4,925 5,400
4,303 14.5
8.8
175.2 181
.6 188.3
198.5 201.9
218.0 231.9
246.2 251.8
276.7 297
.5 314
.4 327.2
350 .4
365.2 388.8
391.6 428
.7 450.8
472.4 470.4
63.2 62.2
62.8 61.4
64.1 66.3
71.7 67.6
70.2 75.9
78.7 74.1
80.7 83.4
84.4 80.1
83.5 85.0
87.3 84.5
88.0
1 Q
09 2
Q 09
3Q 09
4 Q
09 1Q
10 2Q
10 3Q
10 4
Q 10
1Q 11
2Q 11
3Q 11
4Q 11
1Q 12
2Q 12
3Q 12
4Q 12
1 Q
13 2
Q 13
3Q 13
4 Q
13 1Q
14 Loans Rp tn
LDR
1.4 3.73.7
5.5 1.7
7.9 6.4 6.2
2.3 9.9
7.5 5.7
4.1 7.1 4.2
6.5 0.7
9.5 5.1
4.8 -0.4
30.5 21.4
15.7 13.8
15.3 20.0
23.2 24.0
24.7 26.9
28.3 27.7
30.0 26.6
22.8 23.7
19.7 22.3
23.4 21.5
20.1
1Q 09
2Q 09
3Q 09
4Q 09
1Q 10
2 Q
10 3
Q 10
4Q 10
1 Q
11 2Q
11 3Q
11 4Q
11 1
Q 12
2Q 12
3Q 12
4Q 12
1Q 13
2Q 13
3Q 13
4Q 13
1Q 14
QoQ Growth YoY Growth
Quarterly Loan Data
Consolidated
78.8 7
9 .7
82.0 82.7
82.9 88.7
92.8 93
.6 92.5
103 .1
1 1
.4 111
.7 118.
6 125.
2 129
.3 131.
7 129.
9 151.
9 153.
5 169.
7 166.
7 42.6
43.6 45
.3 50.6
50 .4
54.2 58
.6 64.7
64.5 70
.7 75.3
8 1
.1 82.9
90.1 93.6
1 3
.0 102.
3 104.
4 118
.2 117.
1 116
.5
14.415.8 16.6
17.418.0 19.7
20.7 22.824.5
25.9 27.7
30.3 30.9
33.2 35.138.5
38.5 42.5
44.1 46.5
46.3
4.6 4.8 5.1
5.4 5.6 6.0
6.5 7.3 7.7
8.5 9.5
11.8 13.1
15.1 16.8
19.0 20.7
23.9 24.9
27.0 28.2
19.720.6 21.7
23.624.8 26.7
28.6 30.732.4
34.3 36.3
39.0 40.7
43.3 44.5
47.749.3 52.4
55.2 56.6
57.4
1 Q
09 2
Q 9
3 Q
09 4
Q 9
1 Q
1 2
Q 10
3 Q
1 4
Q 1
1 Q
1 1
2 Q
1 1
3 Q
1 1
4 Q
1 1
1 Q
1 2
2 Q
1 2
3 Q
12 4
Q 1
2 1
Q 13
2 Q
1 3
3 Q
13 4
Q 1
3 1
Q 1
4
Corporate Commercial
Small Micro
Consumer
Quarterly Loan Segment Details
Bank Only
Y-o-Y
16.3 36.4
20.3
13.9
28.4 21.9
Total
13.8 6.8
11.1
28.1
40.2
Break down
As of Mar 2014; Non-consolidated numbers
12
34 .56
35 .24
37 .83
36 .49
35 .64
31 .15
29 .19
29 .75
30 .62
33 .96
35 .68
38 .86
38 .60
41 .87
44 .44
40 .35
41 .88
45 .47
45 .73
49 .62
48 .17
53 .29
59 .79
67 .75
62 .22
104.5
95.9 111.0
80.5 78.3
68.5 61.9
68.2 71.7
76.3 80.7
86.6 82.9
91.5 89.0
75.8 76.0
76.2 75.4
76.4 68.0
65.1 64.3
69.0 72.0
50 60
70 80
90 100
110 120
Ma r
8 Sep
8 Ma
r 9
Sep 9
Ma r
10 Sep
1 Ma
r 11
Sep 1
1 Ma
r 12
Sep 1
2 Ma
r 1
3 Sep
13 Ma
r 1
4
20 25
30 35
40 45
50 55
60 65
70
Loan Fx LDR FX
USD Billion
Rp Trillion Bank Only
Breakdown of FX lending Bank Only Q
Total USD 5.477 Bn
0.01 0.13
0.20 0.24
0.29 0.31
0.34 0.65
0.76 1.23
1.31
Soc Serv Constr
Utilities Bus Serv
Trans Oth
Agri Trading
Mining Oil Gas
Mfg YoY
6 -3
29 28
-8 267
1 -5
-16 31
-45 FX Loans LDR
13
416.98 62.81
24.97 28.64
5.98 4.51
0.56 415.15
4Q13 Disburs.
Install. Payment Pay-off FX
Impact Write-
Offs 1Q 14
33.29 15.09
4.96 5.73
3.74
62.81
Corporate Commercial Small
Micro Cons Fin
Total
Loan Movement Rp tn – Bank Only Q1 2014
Loan Disbursement by Segment in Q1Rp tn – Bank Only
14
42.6 58
.1 72
.5 91.9
108.9 115.9
112.2 134.0
172 .9
19 5.8
242 .4
352 .5
400.2 491.3
492.5
13 .3
15.4 17
.0 25
.5 27.5
27.4 28.4
28.3 27
.2 30
.5 35.7
53 .3
62 .0
73.9 79.6
2000 2001
2002 2003
2004 2005
2006 2007
2008 2009
2010 2011
2012 2013
2014 RWA Rp tn
Total Capital Rp tn
31.3
26.4
23.4 27.7
25.3 23.2
24.6 20.8
15.7 15.4
13.4 15.3
15.5 14.9
16.2
CAR
308 1,168 1,549
1,744 519 510
1,027 1,390 1,400 2,003
2,681 3,403 4,303
4,925 1,300
602 690
1,329 97
305 1,113
1,221 1,526 2,031
2,543 3,744 3,991
967 1,017
1,528 1,408
610 372 1,040
1,345 1,693
2,352 2,850
3,972 4,509
645 799
819 775
623 1,234
1,166 1,390
2,536 2,833
3,073 4,385
5,401
2001 2002
2003 2004
2005 2006
2007 2008
2009 2010
2011 2012
2013 2014
Q4 PAT Q3 PAT
Q2 PAT Q1 PAT
IDR bn
Bank Only - Capital RWA Movement Profit After Tax ROE
21.5 26.2
23.6 22.8
2.5 10.0
15.8 18.1
22.1 24.2
22.0 22.6
22.2 22.2
RoE - AT
• CAR inclusive of Credit and Market Risk started in December 2004 • CAR inclusive of Credit, Market and Operational Risk started in January 2010
• CAR under BASEL III in December 2013 was 16.7
15
1,099
1.1Tn from GIAA Recovery
3.7 4.3 3.6 4.9 4.7 5 .1
5 .5
6 .0
5.4 5.5 5.3 4 .9
5.3 5.1 5 .2
6 .0
5 .8
5 .1
5.4 5.2 5.4 5 .2
5 .5
5 .8
5.7 5.5 5
.3 5
.7 6.1 5.9
4 Q
03 4
Q 04
4Q 05
4Q 06
4Q 07
1Q 08
2Q 08
3 Q
08 4
Q 08
1 Q
09 2Q
09 3Q
09 4Q
09 1
Q 10
2Q 10
3Q 10
4 Q
10 1
Q 11
2Q 11
3Q 11
4Q 11
1Q12 2Q12
3 Q
12 4
Q 12
1 Q
13 2Q13
3Q 13
4Q13 1
Q 14
NIM
9.5 10.7 9.3 10.1 10.7
9.4 9.6
8.7 8.7
8.7 8.2
8.1 8.4
8.2 8.1
7.8 8.3 9.0
9.0
6.3 4.8
7.3 6.4
4.5 3.8 5.3
4.9 4.3
3.9 3.8
3.4 3.2
2.8 2.7
2.7 2.8 2.6
2.8 3.1
3.3
Yield on Assets Cost of Funds
Quarterly Net Interest Margins Quarterly Yields Costs by Currency
5.1 5.3
6.6 5.8
6.8 6.5
6.6 5.8 6.4
5.2 5.2
5.0 7.2
5.1 4.9
4.7 5.3
4.8 5.4
5.0 4.9
4.8 4.5
5.1 4.4
4.0 3.5
3.4 2.7
2.6 3.0
2.7 2.3
2.1 1.5
0.8 0.7
0.8 0.7
0.5 0.3
0.5 0.6
0.6 0.6
0.7 0.7
0.7 0.6
0.7 0.8
5
4Q 06
4Q 07
1 Q
08 2Q
08 3Q
08 4
Q 08
1 Q
09 2Q
09 3Q
09 4Q
09 1Q
10 2
Q 10
3 Q
10 4
Q 10
1Q11 2Q11
3Q11 4Q11
1 Q
12 2Q12
3Q12 4
Q 12
1 Q
13 2Q13
3Q13 4Q13
1Q14
12.0 11.2
11.1 13.2
12.9 12.9
12.8 12.6
12.2 13.1
12.7 12.5
11.8 12.1
11.9 12.5
11.4 11.6 11.8
11.3 11.2
10.8 11.1
11.8 11.8
7.7 7.9
9.2 10.3
10.6 8.5
7.2 6.7
6.8 7.3
6.5 5.9
4.1 3.9
3.3 3.4
3.9 4.7
5.3 5.4 4.6
4.5 4.0
4.6 5.8
5.9 5.3 5.1
4.4 4.4
4.3 4.2
4.3 3.7
3.0 3.0 3.0 3.3
3.7 3.9
5 10
15 20
Avg Loan Yield Avg Bond Yield
Avg COF
IDR
FX
16
Breakdown of 1Q 2014 Non-Loan Related Fees Commissions Rp Bn
17
Non-Loan Related Fees Commissions 1Q-2014
4Q-2013 1Q-2013
Y-o-Y Q-o-Q
Δ Δ
Administration Fees 644
863 519
24.2 25.4
Opening LC, BG Cap Market custodian trustee 230
236 173
33.0 2.4
Subsidiaries 379
419 389
2.4 9.5
Transfer, Retail Transaction 334
426 286
16.9 21.6
Credit Cards 291
297 265
10.0 2.1
Mutual Fund, ORI Bancassurance 86
99 77
10.9 13.2
Syndications 24
31 13
87.9 22.1
Payroll Package 17
19 15
13.5 7.3
Others 132
216 124
5.8 38.8
Total 2,130
2,606 1,861
14.9 18.1