DERIVATIVE RECEIVABLES AND PAYABLES DERIVATIVE RECEIVABLES AND PAYABLES Continued

PT BANK MANDIRI PERSERO AND SUBSIDIARIES Notes to the Consolidated Financial Statements Continued December 31, 2002 and 2001 Expressed in millions of Rupiah, unless otherwise stated - 45 -

11. DERIVATIVE RECEIVABLES AND PAYABLES Continued

Movements of allowance for possible losses on derivative receivables: 2002 2001 Balance at beginning of year 48 - Provision during the year 3,577 48 Balance at end of year 3,625 48 The minimum allowance for possible losses on derivative receivables, under the guidelines prescribed by Bank Indonesia, as of December 31, 2002 and 2001 are Rp3,625 and Rp48, respectively. Management believes that the allowance for possible losses on derivative receivables is adequate.

12. LOANS

A. Details of loans: a. By Currency: 2002 2001 Rupiah 39,510,744 27,718,862 Foreign currency 25,906,504 20,620,440 Total 65,417,248 48,339,302 Less: Allowance for possible losses 8,906,545 6,100,252 Deferred income 164,284 - 56,346,419 42,239,050 PT BANK MANDIRI PERSERO AND SUBSIDIARIES Notes to the Consolidated Financial Statements Continued December 31, 2002 and 2001 Expressed in millions of Rupiah, unless otherwise stated - 46 -

12. LOANS Continued

A. Details of loans Continued: b. By Type: 2002 2001 Rupiah: Working capital 17,959,436 12,219,746 Investment 11,395,818 9,809,750 Syndicated 3,970,712 872,224 Export 2,713,320 2,506,641 Consumer 1,652,150 688,850 Government program Note 12B.c 1,530,757 1,248,314 Employees 288,551 306,866 Others - 66,471 39,510,744 27,718,862 Foreign currency: Investment 9,837,491 7,545,092 Working capital 7,830,603 4,615,962 Syndicated 4,278,276 3,797,388 Export 3,607,503 3,990,143 Government program Note 12B.c 52,268 57,076 Consumer 21,301 43,981 Employees 668 175 Others 278,394 570,623 25,906,504 20,620,440 Total 65,417,248 48,339,302 Less: Allowance for possible losses 8,906,545 6,100,252 Deferred income 164,284 - 56,346,419 42,239,050 PT BANK MANDIRI PERSERO AND SUBSIDIARIES Notes to the Consolidated Financial Statements Continued December 31, 2002 and 2001 Expressed in millions of Rupiah, unless otherwise stated - 47 -

12. LOANS Continued

A. Details of loans continued: c. By Economic Sector: 2002 2001 Rupiah: Manufacturing 16,941,419 12,153,818 Agriculture 5,984,223 4,504,498 Trading, restaurant and hotel 5,914,127 3,355,450 Transportation, warehousing and communications 3,624,707 1,487,152 Other services 2,390,275 1,622,120 Construction 1,751,713 1,604,290 Mining 212,362 95,176 Electricity, gas and water 166,254 135,720 Social services 161,291 188,137 Others 2,364,373 2,572,501 39,510,744 27,718,862 Foreign currency: Manufacturing 15,940,259 11,118,555 Trading, restaurant and hotel 2,112,997 2,110,727 Mining 1,722,031 1,316,843 Agriculture 1,588,469 1,080,991 Other services 1,583,105 1,439,446 Construction 1,423,625 1,255,969 Transportation, warehousing and communications 556,099 679,822 Electricity, gas and water 319,136 363,576 Social services 7,334 15,881 Others 653,449 1,238,630 25,906,504 20,620,440 Total 65,417,248 48,339,302 Less: Allowance for possible losses 8,906,545 6,100,252 Deferred income 164,284 - 56,346,419 42,239,050