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
108
38. REVERSAL OF ALLOWANCE FOR POSSIBLE LOSSES - OTHERS
2006 2005
Reversal of allowance for: Possible losses on legal cases Note 28
89,022 385,586
Possible losses on fraud cases 48,478
- Others
10,117 219,491 30,427 605,077
39. GAINSLOSSES FROM INCREASEDECREASE IN VALUE OF SECURITIES AND GOVERNMENT RECAPITALIZATION BONDS
2006 2005
Government Recapitalization Bonds 64,827
5,111 Securities
1,004 974 65,831 4,137
40. GAINS FROM SALE OF SECURITIES AND GOVERNMENT RECAPITALIZATION BONDS
2006 2005
Securities 21,700 15,579
Government Recapitalization Bonds 8,572
262,124 30,272 277,703
41. GENERAL AND ADMINISTRATIVE EXPENSES
2006 2005
Depreciation and amortization of premises and equipments 305,622
278,527 Rent
230,432 205,430
Communications 160,020
198,123 Repairs and maintenance
124,137 131,057
Promotions 118,446
144,542 Professional fees
115,124 58,291
Electricity, water and gas 75,600
85,426 Office
supplies 74,122
56,127 Transportations
33,983 25,971
Research and development 2,256
1,954 Others
185,352 286,027
1,425,094 1,471,475
Professional fees included audit services amounting to Rp13,759 and Rp9,390 for the six month period ended June 30, 2006 and 2005, respectively.
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
109
42. SALARIES AND EMPLOYEE BENEFITS
2006 2005
Salaries, wages, pension and tax allowances Note 43 840,419
745,351 Holidays THR, leave and related entitlements
181,629 183,931
Employee benefits in kind 113,337
72,725 Bonuses and others
110,052 181,331 Compensation expense on stock options Note 33
71,207 3,299
Provision for post-employment benefit expenses Note 28 69,380
32,560 Training
and development
52,908 61,359
1,438,932 1,280,556
Total gross salaries, allowances and bonuses of the Boards of Directors and Commissioners, and Executive Officers amounted to Rp24,823 and Rp38,875 for the six-month periods ended June 30, 2006
and 2005, respectively, are as follows:
June 30, 2006
Number of Members
Officers Salaries
Allowances Bonuses
Total Board
of Commissioners
7 2,367
214 -
2,581 Board
of Directors
11 6,788
1,998 -
8,786 Audit Committee
2 486
- -
486 Senior Executive Vice Presidents,
Group Heads and Advisors of
Directors 44
7,267 1,768
3,935 12,970
64 16,908
3,980 3,935
24,823
June 30, 2005
Number of Members
Officers Salaries
Allowances Bonuses
Total Board
of Commissioners
7 2,399
479 -
2,878 Board
of Directors
8 8,055
2,648 - 10,703
Audit Committee
2 317
- -
317 Senior Executive Vice Presidents,
Group Heads and Advisors of
Directors 43
14,574 3,012
7,391 24,977
60 25,345
6,139 7,391
38,875
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
110
43. PENSION AND
