DEPOSITS FROM CUSTOMERS - TIME DEPOSITS continued

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 132

26. DEPOSITS FROM OTHER BANKS - TIME DEPOSITS

a. By currency: December 31, December 31, 2016 2015 Rupiah Related parties Note 55 286,210 - Third parties 3,336,544 4,720,928 Foreign currencies Third parties Note 61B.V 134,725 406,657 Total 3,757,479 5,127,585 Included in deposits from customers-time deposits are Negotiable Certificate of Deposit NCD amounting to Rp1,898,625 and Rp1,550,767 as of December 31, 2016 and 2015, respectively. Total of unamortized interest expenses on certificates of deposits for the year ended December 31, 2016 and 2015 amounting to Rp256,375 and Rp49,233, respectively. b. By period: December 31, December 31, 2016 2015 Rupiah: 1 month 1,433,639 2,099,550 3 months 279,287 172,742 6 months 50,825 578,192 12 months 779,750 562,478 More than 12 months 1,079,253 1,307,966 Total 3,622,754 4,720,928 Foreign currencies 1 month - 137,850 12 months - 137,850 More than 12 months 134,725 130,957 Total Note 61B.v 134,725 406,657 3,757,479 5,127,585 c. Average interest rates cost of funds per annum: December 31, December 31, 2016 2015 Rupiah 6.63 7.77 Foreign currencies 0.55 1.21 d. As of December 31, 2016 and 2015, time deposits from other banks pledged as collateral on loans amounting to Rp86,776 and Rp94,551, respectively Note 12B.c. 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 133

27. LIABILITY TO UNIT-LINK HOLDERS

This account represents Subsidiary’s liabilities to unit-link holders placed in unit-link investment, with details as follows: December 31, December 31, 2016 2015 Non-Sharia 18,550,706 16,147,095 Sharia 1,052,244 871,954 19,602,950 17,019,049 The details of non-sharia unit-link investments based on the type of contracts are as follows: December 31, December 31, 2016 2015 Dynamic Money 9,098,972 7,531,851 Attractive Money 5,441,537 4,518,537 Progressive Money 2,139,720 2,119,308 Excellent Equity 1,159,641 1,290,405 Protected Money 373,775 394,396 Active Money 168,760 154,507 Secure Money 76,604 71,131 Fixed Money 64,170 55,850 Money Market 26,516 11,110 Prime equity 1,011 - 18,550,706 16,147,095 The details of sharia unit-link investments based on the type of contracts are as follows: December 31, December 31, 2016 2015 , it Attractive money sharia 887.606 741,366 Active money sharia 102.200 91,258 Amanah equity sharia 32.288 24,182 Advanced commodity sharia 30.150 15,148 1.052.244 871,954 Underlying assets of the policyholders’ investment in the above unit-link contracts are financial assets mainly consist of cash, marketable securities and Goverment Bonds. As of December 31, 2016 and 2015, the investment of policyholders were recorded based on each type of the financial assets in the consolidated statement of financial position. The policyholders’ non-sharia funds placed in statutory deposits as of December 31, 2016 and 2015 amounted to Rp19,715 and Rp37,500, respectively. Included in the above policyholders’ investments in unit-link contracts are policyholders’ fund in foreign currency as of December 31, 2016 and 2015, it amounted to USD2,210,047 full amount and USD1,886,869 full amount, respectively. Dynamic money This is an equity fund with underlying exposures in stocks listed in Indonesia Stock Exchange and money market instruments through mutual fund Schroder Dana Prestasi Dinamis.