PT BANK MANDIRI PERSERO TBK. AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Years Ended December 31, 2008 and 2007 Expressed in millions of Rupiah, unless otherwise stated
56
11. LOANS continued
A. Details of loans continued: c. By Economic Sector and Collectibility continued:
2007 continued
Special Sub-
Current Mention
standard Doubtful
Loss Total
Foreign Currency continued: Others
2,502,923 93,333
1,301 592
380,762 2,978,911
Total Foreign Currency 28,960,457
6,961,639 352,988
76,331 5,472,554
41,823,969 Total
110,654,193 15,931,251
1,400,294 547,824
10,019,990 138,553,552
Less: Deferred income
1,398 22,074
- -
- 23,472
Total 110,652,795
15,909,177 1,400,294
547,824 10,019,990
138,530,080 Less:
Allowance for possible losses
1,239,540 1,866,006
164,798 240,685
9,530,667 13,041,696
109,413,255 14,043,171
1,235,496 307,139
489,323 125,488,384
d By Period:
2008 2007
Rupiah: Less than 1 year
22,104,912 15,611,781
1 - 2 years 13,519,412
11,259,366 2 - 5 years
46,282,191 21,726,578
Over 5 years 55,330,521
48,131,858 Total Rupiah
135,237,036 96,729,583
Foreign Currency: Less than 1 year
8,752,766 10,054,544
1 - 2 years 2,552,266
4,416,986 2 - 5 years
12,384,576 5,292,872
Over 5 years 15,572,790
22,059,567 Total Foreign Currency
39,262,398 41,823,969
Total 174,499,434
138,553,552 Less: Deferred income
1,334 23,472
Total 174,498,100
138,530,080 Less: Allowance for possible losses
11,860,312 13,041,696
162,637,788 125,488,384
The non-performing loans ratio of Bank Mandiri and Subsidiaries gross basis before deducting the allowance for possible losses as of December 31, 2008 and 2007, was 4.73 and 7.17, respectively
Bank Mandiri only 4.69 and 7.33, as of December 31, 2008 and 2007, respectively while the non- performing loans ratio of Bank Mandiri and Subsidiaries net basis as of December 31, 2008 and 2007,
was 1.09 and 1.51, respectively Bank Mandiri only 0.97 and 1.32, as of December 31, 2008 and 2007, respectively.
PT BANK MANDIRI PERSERO TBK. AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Years Ended December 31, 2008 and 2007 Expressed in millions of Rupiah, unless otherwise stated
57
11. LOANS continued
A. Details of loans continued: The calculation of non-performing loans ratio as of December 31, 2008 and 2007 is in accordance with
Bank Indonesia Circular Letter No. 710DPNP dated March 30, 2005 regarding the changes in Bank Indonesia Circular Letter No. 330DPNP dated December 14, 2001 regarding Quarterly and Monthly
Published Report for Commercial Banks and certain reports to Bank Indonesia, and the non-performing loans ratio of Bank Mandiri and Subsidiaries is calculated based on total loans excluding loans granted to
Banks amounting to Rp2,199,299 and Rp1,612,886, respectively and after deducting restructuring losses amounting Rp1,270,261 and Rp2,615,803, respectively.
The loans as of December 31, 2008 and 2007 include the loans purchased from IBRA amounting to Rp289,292 and Rp495,599, respectively, with an allowance for possible losses of Rp2,702 and Rp7,299,
and deferred income of Rp1,334 and Rp23,472, respectively.
B. Significant information related to loans: a. Included in loans are syariah finance receivables amounting to Rp13,132,920 and Rp10,161,283,
respectively, as of December 31, 2008 and 2007:
2008 2007
Receivables 6,936,699
5,297,679 Musyarakah finance receivables
3,582,492 1,997,758
Other syariah finance receivables 2,613,729
2,865,846 13,132,920
10,161,283 Less: Allowance for possible losses
573,255 334,098
12,559,665 9,827,185
b. Average Interest Rates yield and Range of Profit Sharing Per Annum:
Average interest rates yield per annum:
2008 2007
Rupiah 11.91
12.27 Foreign Currency
6.26 7.11
Range of profit sharing per annum:
2008 2007
Receivables 11.68 -15.79
12.06 - 14.49 Musyarakah finance receivables
5.01 - 22.27 10.55 - 13.11
Other syariah finance receivables 10.18 - 12.24
16.12 - 17.87
c. Loan Collateral Loans are generally collateralized by registered mortgages, powers of attorney to mortgage or sell
pledged assets, time deposits or other guarantees acceptable to Bank Mandiri. d. Government Program Loans
Government program loans consist of investment loans, permanent working capital loans and working capital loans which can be fully funded by the Government.
PT BANK MANDIRI PERSERO TBK. AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Years Ended December 31, 2008 and 2007 Expressed in millions of Rupiah, unless otherwise stated
58
11. LOANS continued
