SHARE CAPITAL continued b. Additional Paid-In CapitalShare Premium continued
44. ALLOWANCE AND REVERSAL FOR IMPAIRMENT LOSSES Year ended December 31,
2016 2015 Allowancereversal for provision of impairment losses on: Current accounts with other banks Note 5d 176 46 Placements with other banks Note 6e 21,415 26,256 Marketable securities Note 7g 24,094 34,394 Other receivables - trade transactions Note 9d 35,085 41,428 Securities purchased under resale agreements Note 10c - 41,941 Loans Note 12B.j 24,277,357 11,460,581 Consumer financing receivables Note 13d 455,025 291,624 Net investment in lease finance Note 14d 196 2,356 Acceptance receivables Note 15d 130,909 16,822 Investments in shares Note 16c 33 7,087 24,943,938 11,664,837 45. REVERSAL OF AND PROVISION FOR OTHER ALLOWANCES Year ended December 31, 2016 2015 Reversal forallowance provision for: Estimated losses arising from fraud cases 45,796 10,266 Estimated losses arising from legal cases 265,390 11,594 Others assets Note 20 101,957 157,382 117,637 179,24246. UNREALISED GAINSLOSSES
FROM INCREASEDECREASE IN FAIR VALUE OF MARKETABLE SECURITIES, GOVERNMENT BONDS AND POLICYHOLDERS INVESTMENT IN UNIT-LINK CONTRACTS Year ended December 31, 2016 2015 Marketable securities 3,505 992 Government bonds 12,133 19,298 Changes in market value of policyholders’ investment and increasedecrease in liability in unit-link contracts - Change in market value of policyholders’ investment 1,416,023 2,142,173 - Increase in liability in unit-link contracts 1,416,023 2,142,173 15,638 18,306 PT BANK MANDIRI PERSERO Tbk. AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS As of December 31, 2016 and for the year then ended Expressed in millions of Rupiah, unless otherwise stated 18247. GAIN ON SALE OF MARKETABLE SECURITIES AND GOVERNMENT BONDS Year ended December 31,
2016 2015 Marketable securities Fair value through profit and loss 53,957 27,760 Available for sale 35,259 62,683 Government bonds Fair value through profit and loss 59,725 21,219 Available for sale 596,963 219,357 745,904 275,49948. SALARIES AND EMPLOYEE BENEFITS Year ended December 31,
2016 2015 Salaries, wages, pension and tax allowances 7,829,540 6,890,207 Holidays allowance, leave and related entitlements 1,444,490 1,192,666 Employee benefits in kind 1,127,755 945,705 Training and education 588,480 557,580 Provision for post-employment benefit expenses 330,895 491,225 Provision of tantiem 211,541 226,952 Bonuses and others 2,086,044 2,072,320 13,618,745 12,376,655 Total gross salaries and allowances, bonus and tantiem, long-term employment benefits of the Boards of Commissioners, Directors, Audit Committee and Risk Monitoring, Sharia Supervisory Board and Senior Executive Vice President and Senior Vice President are amounting to Rp986,140 and Rp857,365 Note 55 for the years ended December 31, 2016 and 2015, respectively as follows: Year ended December 31, 2016 Long-term Salaries and Bonus and employment allowance tantiem benefits Total The Board of Commissioners 53,355 72,662 3,677 129,694 Directors 143,235 242,811 16,875 402,921 Audit Committee and Risk Monitoring Committee 4,902 - - 4,902 Sharia Supervisory Board 1,448 37 - 1,485 Senior Executive Vice Presidents and Senior Vice Presidents 269,239 160,709 17,190 447,138 472,179 476,219 37,742 986,140Parts
» Laporan Tahunan 2016 PT Bank Mandiri (Persero) Tbk versi B.Inggris
» Iswahyudi Arifin Firdaus Rp1,038.71 trillion
» Rp910.06 trillion Wholesale Retail Integrated the Group
» The Organization and Human Resources “HR” Policy Procedure
» System Data Laporan Tahunan 2016 PT Bank Mandiri (Persero) Tbk versi B.Inggris
» MethodologyModel Analytics Laporan Tahunan 2016 PT Bank Mandiri (Persero) Tbk versi B.Inggris
» Credit Risk Laporan Tahunan 2016 PT Bank Mandiri (Persero) Tbk versi B.Inggris
» Qualitative Disclosure Market Risk
» Quantitative Disclosure Market Risk
» Qualitative Disclosure Liquidity Risk
» Quantitative Disclosure Liquidity Risk
» Risk Management Committee Working Unit Risk Owner ORM Coordinator Internal Audit
» Risk Awareness Program MRO Forum Risk Profile Report Legal Risk
» Reputation Risk Laporan Tahunan 2016 PT Bank Mandiri (Persero) Tbk versi B.Inggris
» Strategic Risk Laporan Tahunan 2016 PT Bank Mandiri (Persero) Tbk versi B.Inggris
» Compliance Risk Identification Assessment
» Relations with Management or Key Employee of Bank Mandiri
» Bank Mandiris Branch and e-channel Services Improvement Alliance DevelopmentSynergy
» Problem Management Development Infrastructure Security
» GMS Brief Minutes Ads GMS Minutes Article 33
» AGMS March 6, 2015 Agenda Laporan Tahunan 2016 PT Bank Mandiri (Persero) Tbk versi B.Inggris
» EGMS December 18, 2015 Agenda Laporan Tahunan 2016 PT Bank Mandiri (Persero) Tbk versi B.Inggris
» Capacity to Represent Capacity to Make Decision
» Human Resources Policy and Strategy Operational Activities Human Resources Policy and Strategy
» Human Resources Policy and Strategy Operational Activities
» Human Resources Laporan Tahunan 2016 PT Bank Mandiri (Persero) Tbk versi B.Inggris
» BOD and SEVP: included PPC Category A and B No. Group Head PPC Kategori B No.
» Organization and Human Resources Policies Procedures System Data
» MethodologyModels Analytics Laporan Tahunan 2016 PT Bank Mandiri (Persero) Tbk versi B.Inggris
» Integrity Pact Socialization Gratification Control Reporting Gratification
» Conflict of Interest Confidentiality
» Abuse of Position Laporan Tahunan 2016 PT Bank Mandiri (Persero) Tbk versi B.Inggris
» Conduct Integrity and Accuracy of Data Bank Banking System Integrity Individual Behavior
» Aspect 2: Function and Role of Board of Commissioners
» Protection of Possession Bank Employee Welfare
» Remuneration Employee Turnover Level
» Social Security Laporan Tahunan 2016 PT Bank Mandiri (Persero) Tbk versi B.Inggris
» Mandiri Sahabatku Mandiri Peduli Pendidikan
» Mandiri Peduli Kesehatan Mandiri Peduli Sarana Umum dan Ibadah Mandiri Peduli Bencana
» GENERAL INFORMATION a. Establishment
» GENERAL INFORMATION continued b. Merger continued
» GENERAL INFORMATION continued c. Recapitalisation continued
» GENERAL INFORMATION continued g. Subsidiaries
» GENERAL INFORMATION continued g. Subsidiaries continued
» GENERAL INFORMATION continued h. Structure and Management continued
» SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
» SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued
» Financial liabilities continued Derecognition
» Reclassification of financial assets
» SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued c. Financial instruments continued
» Classes of financial instruments continued
» Allowance for impairment losses of financial assets
» Allowance for impairment losses of financial assets continued
» Investment in sukuk continued
» Principles of consolidation Determination of fair value continued
» SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued d. Principles of consolidation continued
» SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued l.
» SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued q. Net investment in lease financing
» SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued s. Investments in shares
» SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued v. Other assets
» SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued x. Deposits from customers continued
» SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued z. Insurance contract continued
» SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued ad. Income tax continued
» SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued ae. Temporary syirkah funds continued
» SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued ai. Employee benefits continued
» USE OF CRITICAL ACCOUNTING ESTIMATES AND JUDGEMENTS
» CURRENT ACCOUNTS WITH BANK INDONESIA December 31, December 31,
» CURRENT ACCOUNTS WITH BANK INDONESIA continued December 31, December 31,
» CURRENT ACCOUNTS WITH OTHER BANKS
» CURRENT ACCOUNTS WITH OTHER BANKS continued
» PLACEMENTS WITH BANK INDONESIA AND OTHER BANKS
» PLACEMENTS WITH BANK INDONESIA AND OTHER BANKS continued
» PLACEMENTS WITH BANK INDONESIA AND OTHER BANKS continued MARKETABLE SECURITIES
» MARKETABLE SECURITIES continued MARKETABLE SECURITIES continued
» MARKETABLE SECURITIES continued Laporan Tahunan 2016 PT Bank Mandiri (Persero) Tbk versi B.Inggris
» MARKETABLE SECURITIES continued GOVERNMENT BONDS GOVERNMENT BONDS continued
» GOVERNMENT BONDS continued Laporan Tahunan 2016 PT Bank Mandiri (Persero) Tbk versi B.Inggris
» OTHER RECEIVABLES - TRADE TRANSACTIONS
» OTHER RECEIVABLES - TRADE TRANSACTIONS continued
» SECURITIES PURCHASED UNDER RESALE AGREEMENTS
» SECURITIES PURCHASED UNDER RESALE AGREEMENTS continued
» DERIVATIVE RECEIVABLES AND PAYABLES
» DERIVATIVE RECEIVABLES AND PAYABLES continued
» LOANS AND SHARIA RECEIVABLESFINANCING continued
» LOANS AND SHARIA RECEIVABLESFINANCINGcontinued
» LOANS AND SHARIA RECEIVABLESFINANCING continued LOANS AND SHARIA RECEIVABLESFINANCING continued
» CONSUMER FINANCING RECEIVABLES continued
» NET INVESTMENT FINANCE LEASES
» NET INVESTMENT IN FINANCE LEASE continued ACCEPTANCES RECEIVABLE
» ACCEPTANCES RECEIVABLE continued INVESTMENT IN SHARES
» INVESTMENT IN SHARES continued
» FIXED ASSETS Laporan Tahunan 2016 PT Bank Mandiri (Persero) Tbk versi B.Inggris
» FIXED ASSETS continued Laporan Tahunan 2016 PT Bank Mandiri (Persero) Tbk versi B.Inggris
» FIXED ASSETS continued Others
» FIXED ASSETS continued Others continued
» INTANGIBLE ASSETS December 31, December 31, OTHER ASSETS December 31, December 31,
» OTHER ASSETS continued DEPOSITS FROM CUSTOMERS - DEMANDWADIAH DEMAND DEPOSITS
» DEPOSITS FROM CUSTOMERS - SAVINGWADIAH SAVING DEPOSITS continued
» DEPOSITS FROM CUSTOMERS - TIME DEPOSITS continued
» DEPOSITS FROM OTHER BANKS - DEMANDWADIAH DEMAND AND SAVING DEPOSITS
» DEPOSITS FROM OTHER BANKS -DEMANDWADIAH DEMAND AND SAVING DEPOSITS continued
» DEPOSITS FROM OTHER BANKS - INTER-BANK CALL MONEY
» DEPOSITS FROM OTHER BANKS - TIME DEPOSITS
» LIABILITY TO UNIT-LINK HOLDERS
» LIABILITY TO UNIT-LINK HOLDERS continued
» LIABILITY TO UNIT-LINK HOLDERScontinued
» SECURITIES SOLD UNDER REPURCHASE AGREEMENTS
» ACCEPTANCES PAYABLE Laporan Tahunan 2016 PT Bank Mandiri (Persero) Tbk versi B.Inggris
» MARKETABLE SECURITIES ISSUED Laporan Tahunan 2016 PT Bank Mandiri (Persero) Tbk versi B.Inggris
» MARKETABLE SECURITIES ISSUED continued Bonds continued
» MARKETABLE SECURITIES ISSUED continued Subordinated notes sharia mudharabah
» MARKETABLE SECURITIES ISSUED continued Subordinated notes sharia mudharabah continued
» ESTIMATED LOSSES ON COMMITMENTS AND CONTINGENCIES
» ESTIMATED LOSSES ON COMMITMENTS AND CONTINGENCIES continued
» TAXATION b. Taxes payable continued
» TAXATION continued d. Tax expense - current
» TAXATION continued d. Tax expense - current continued
» TAXATION continued e. Deferred tax assets - net continued
» TAXATION continued Laporan Tahunan 2016 PT Bank Mandiri (Persero) Tbk versi B.Inggris
» EMPLOYEE BENEFIT LIABILITIES December 31, December 31,
» OTHER LIABILITIES continued Laporan Tahunan 2016 PT Bank Mandiri (Persero) Tbk versi B.Inggris
» FUND BORROWINGS continued December 31, December 31,
» FUND BORROWINGS continued FUND BORROWINGS continued
» FUND BORROWINGS continued Laporan Tahunan 2016 PT Bank Mandiri (Persero) Tbk versi B.Inggris
» SUBORDINATED LOANS Laporan Tahunan 2016 PT Bank Mandiri (Persero) Tbk versi B.Inggris
» SUBORDINATED LOANS continued Laporan Tahunan 2016 PT Bank Mandiri (Persero) Tbk versi B.Inggris
» TEMPORARY SYIRKAH FUNDS Laporan Tahunan 2016 PT Bank Mandiri (Persero) Tbk versi B.Inggris
» TEMPORARY SYIRKAH FUNDS continued
» NONCONTROLLING INTERESTS IN NET ASSETS OF CONSOLIDATED SUBSIDIARIES
» SHARE CAPITAL continued a. Authorised, Issued and Fully Paid Capital continued
» SHARE CAPITAL continued a. Authorised, Issued and Fully Paid-in Capital continued
» SHARE CAPITAL continued b. Additional Paid-In CapitalShare Premium continued
» SHARE CAPITAL continued c. Distribution of net income continued
» INTEREST EXPENSE AND SHARIA EXPENSE OTHER OPERATING INCOME - OTHERS Year ended December 31,
» ALLOWANCE AND REVERSAL FOR IMPAIRMENT LOSSES Year ended December 31,
» UNREALISED GAINSLOSSES Laporan Tahunan 2016 PT Bank Mandiri (Persero) Tbk versi B.Inggris
» GAIN ON SALE OF MARKETABLE SECURITIES AND GOVERNMENT BONDS Year ended December 31,
» SALARIES AND EMPLOYEE BENEFITS Year ended December 31,
» SALARIES AND EMPLOYEE BENEFITS continued
» GENERAL AND ADMINISTRATIVE EXPENSES Year ended December 31, EMPLOYEE BENEFITS
» EMPLOYEE BENEFITScontinued Pension Plan
» EMPLOYEE BENEFITS continued Pension Plan continued
» EMPLOYEE BENEFITS continued Pension Plan
» EMPLOYEE BENEFITScontinued Laporan Tahunan 2016 PT Bank Mandiri (Persero) Tbk versi B.Inggris
» EMPLOYEE BENEFITS continued EMPLOYEE BENEFITS continued
» EMPLOYEE BENEFITS continued Labor Law No. 132003 continued
» NON-OPERATING EXPENSEINCOME - NET Year ended December 31,
» COMMITMENTS AND CONTINGENCIES continued
» FOREIGN CURRENCY TRANSACTIONS Laporan Tahunan 2016 PT Bank Mandiri (Persero) Tbk versi B.Inggris
» RELATED PARTY TRANSACTIONS Laporan Tahunan 2016 PT Bank Mandiri (Persero) Tbk versi B.Inggris
» RELATED PARTY TRANSACTIONS continued
» RELATED PARTY TRANSACTIONS continued RELATED PARTY TRANSACTIONS continued
» SEGMENT INFORMATION Laporan Tahunan 2016 PT Bank Mandiri (Persero) Tbk versi B.Inggris
» SEGMENT INFORMATION continued Laporan Tahunan 2016 PT Bank Mandiri (Persero) Tbk versi B.Inggris
» CAPITAL ADEQUACY RATIO Laporan Tahunan 2016 PT Bank Mandiri (Persero) Tbk versi B.Inggris
» CAPITAL ADEQUACY RATIO continued
» CUSTODIAL SERVICES AND TRUST OPERATIONS
» CUSTODIAL SERVICES AND TRUST OPERATIONS continued
» CHANNELING LOANS Laporan Tahunan 2016 PT Bank Mandiri (Persero) Tbk versi B.Inggris
» RISK MANAGEMENT Laporan Tahunan 2016 PT Bank Mandiri (Persero) Tbk versi B.Inggris
» RISK MANAGEMENT continued Laporan Tahunan 2016 PT Bank Mandiri (Persero) Tbk versi B.Inggris
» RISK MANAGEMENT continued RISK MANAGEMENT continued
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