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
116
47. FOREIGN CURRENCY
TRANSACTIONS
Forward and cross currency swap transactions are presented as derivative receivablespayables in the balance sheet Note 10.
Details of outstanding spot foreign currency bought and sold transactions as of June 30, 2006 are as follows:
Spot-Bought Spot-Sold
Original Currency Equivalent
Original Currency Equivalent
Original Currency full amount
Rupiah full amount
Rupiah United States Dollars
71,363,000 661,035
54,620,282 505,948
Others - 107,690
- 74,708
768,725 580,656
Details of outstanding spot foreign currency bought and sold transactions as of June 30, 2005 are as follows:
Spot-Bought Spot-Sold
Original Currency Equivalent
Original Currency Equivalent
Original Currency full amount
Rupiah full amount
Rupiah United States Dollars
263,869,585 2,573,388
98,687,940 962,454
Others - 117,453
- 102,539
2,690,841 1,064,993
48. RELATED PARTY
TRANSACTIONS
a. Banking Activities in the Ordinary Course of Business In the ordinary course of its business, Bank Mandiri engages in significant transactions with the
following related parties:
• Related by ownership:
The Government of the Republic of Indonesia
• Related by ownership andor management:
PT Axa Mandiri Financial Services, PT Danareksa, PT Great River International, PT Kustodian Sentral Efek Indonesia, PT Sarana Bersama Pembiayaan Indonesia, PT Semen Kupang Persero,
PT Staco Estika Sedaya Finance, PT Wana Rimba Kencana, PT Eastern Sumatera Indonesia, PT Tolan Tiga Indonesia, PT Melania Indonesia, PT Bayu Beringin Lestari, PT Kertas Padalarang, PT
Bandar Sumatera Indonesia, PT Bank Niaga Tbk., PT Bank International Indonesia Tbk, PT Aneka Tambang Persero.
• Related by management or key personnel Bank Mandiri’s employees
Details of significant transactions with related parties as of June 30, 2006 and 2005 are as follows:
2006 2005
Securities Note 6a 1,054,247
740,763 Government Recapitalization Bonds Note 7
92,338,124 92,536,083
Other Receivables – Trade transaction Note 8a 33,818
74,293 Loans Note 11B.g
996,642 1,337,299
Acceptance Receivables Note 12a 103
- Total assets involving related parties
94,422,934 94,688,438
Total consolidated assets 255,278,451
256,783,842
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
117
48. RELATED PARTY TRANSACTIONS continued
