CONSUMER FINANCING RECEIVABLES continued
14. NET INVESTMENT IN FINANCE LEASE continued
c. Average of effective interest rate charged to consumer for the year ended December 31, 2016 and 2015, are as follows: December 31, December 31, 2016 2015 Car 13.09 17.88 Heavy equipment 12.60 13.85 d. Movements of allowance for impairment losses on net investment finance leases are as follows: December 31, December 31, 2016 2015 Beginning balance 5,791 17,213 Allowancereversal during the year Note 44 196 2,356 Write-offs 4,167 9,380 Cash recoveries 2,718 314 Ending balance 4,538 5,791 Management believes that the allowance for impairment losses on net investment in lease financing is adequate. e. Information in respect of classification of “not impaired” and “impaired” is disclosed in Note 61A. f. Net investment in finance lease as collateral for securities issued on December 31, 2016 and 2015 amounted to Rp158,555 and Rp74,811, respectively Note 30. g. As of December 31, 2016 and 2015, net investment in finance lease pledged as collateral for fund borrowing were amounting to Rp274,319 and Rp321,506, respectively Note 36f.15. ACCEPTANCES RECEIVABLE
a. By currency, related parties and third parties: December 31, December 31, 2016 2015 Rupiah: Receivables from other banks Related parties Note 55 121,508 66,151 Third parties 225,551 257,786 347,059 323,937 Receivables from debtors Related parties Note 55 136,911 140,652 Third parties 7,566,995 1,953,453 7,703,906 2,094,105 Total 8,050,965 2,418,042 Foreign currencies: Receivables from other banks Related parties Note 55 2,983 1,625 Third parties 410,387 122,949 413,370 124,574 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 11815. ACCEPTANCES RECEIVABLE continued
a. By currency, related parties and third parties continued: December 31, December 31, 2016 2015 Foreign currencies continued: Receivables from debtors Related parties Note 55 154,446 201,452 Third parties 6,170,463 8,587,205 6,324,909 8,788,657 Total Note 61B.v 6,738,279 8,913,231 14,789,244 11,331,273 Less: Allowance for impairment losses 241,041 107,030 Net 14,548,203 11,224,243 b. By maturity: December 31, December 31, 2016 2015 Rupiah: Less than 1 month 1,535,856 543,142 1 - 3 months 1,917,241 1,129,975 3 - 6 months 3,624,366 626,010 6 - 12 months 973,502 118,915 Total 8,050,965 2,418,042 Foreign currencies: Less than 1 month 1,847,555 2,154,980 1 - 3 months 3,358,426 3,252,351 3 - 6 months 1,485,140 2,160,479 6 - 12 months 40,484 1,345,421 More than 12 months 6,674 - Total Note 61B.v 6,738,279 8,913,231 14,789,244 11,331,273 Less: Allowance for impairment losses 241,041 107,030 Net 14,548,203 11,224,243 c. By Bank Indonesia’s collectibility: December 31, December 31, 2016 2015 Current 14,776,306 11,311,709 Special mention 2,470 19,564 Substandard 6,578 - Loss 3,890 - 14,789,244 11.331.273 Less: Allowance for impairment losses 241,041 107,030 Net 14,548,203 11,224,243Parts
» Bank Mandiri Eng 31 Des 2016 Released Password Removed
» Merger GENERAL INFORMATION a. Establishment
» Recapitalisation GENERAL INFORMATION continued b. Merger continued
» Divestment of Government Share Ownership
» GENERAL INFORMATION continued g. Subsidiaries
» GENERAL INFORMATION continued g. Subsidiaries continued
» Structure and Management GENERAL INFORMATION continued g. Subsidiaries continued
» GENERAL INFORMATION continued h. Structure and Management continued
» Basis of Preparation of the Consolidated Financial Statements
» Financial instruments A. Financial assets
» SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued c. Financial instruments continued
» Transactions with related parties
» Current accounts with Bank Indonesia and other banks
» Placements with Bank Indonesia and other banks
» SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued
» Securities purchasedsold under resalerepurchase agreements
» Derivative receivables and derivative payables
» Loans and sharia receivablesfinancing
» Consumer financing receivables SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued l.
» Fixed Assets, leased assets and intangible assets i. Fixed assets and software
» Fixed assets and software continued
» Allowance for possible losses on non-earning assets
» Acceptance receivables and payables
» Deposits from customers SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued v. Other assets
» Deposits from other banks Insurance contract
» SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued z. Insurance contract continued
» SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued ad. Income tax continued
» SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued ae. Temporary syirkah funds continued
» SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued ai. Employee benefits continued
» Determining fair values of financial instruments
» Impairment of non-financial assets
» CURRENT ACCOUNTS WITH BANK INDONESIA December 31, December 31,
» CURRENT ACCOUNTS WITH BANK INDONESIA continued December 31, December 31,
» CURRENT ACCOUNTS WITH OTHER BANKS
» CURRENT ACCOUNTS WITH OTHER BANKS continued
» PLACEMENTS WITH BANK INDONESIA AND OTHER BANKS continued
» PLACEMENTS WITH BANK INDONESIA AND OTHER BANKS continued MARKETABLE SECURITIES
» MARKETABLE SECURITIES continued MARKETABLE SECURITIES continued
» MARKETABLE SECURITIES continued Bank Mandiri Eng 31 Des 2016 Released Password Removed
» MARKETABLE SECURITIES continued GOVERNMENT BONDS GOVERNMENT BONDS continued
» GOVERNMENT BONDS continued Bank Mandiri Eng 31 Des 2016 Released Password Removed
» OTHER RECEIVABLES - TRADE TRANSACTIONS
» OTHER RECEIVABLES - TRADE TRANSACTIONS continued
» SECURITIES PURCHASED UNDER RESALE AGREEMENTS
» SECURITIES PURCHASED UNDER RESALE AGREEMENTS continued
» DERIVATIVE RECEIVABLES AND PAYABLES
» DERIVATIVE RECEIVABLES AND PAYABLES continued
» 2 By type and Bank Indonesia’s collectibility:
» 2 By type and Bank Indonesia’s collectability continued:
» LOANS AND SHARIA RECEIVABLESFINANCING continued
» LOANS AND SHARIA RECEIVABLESFINANCINGcontinued
» LOANS AND SHARIA RECEIVABLESFINANCING continued LOANS AND SHARIA RECEIVABLESFINANCING continued
» CONSUMER FINANCING RECEIVABLES continued
» NET INVESTMENT FINANCE LEASES
» NET INVESTMENT IN FINANCE LEASE continued ACCEPTANCES RECEIVABLE
» ACCEPTANCES RECEIVABLE continued Bank Mandiri Eng 31 Des 2016 Released Password Removed
» ACCEPTANCES RECEIVABLE continued INVESTMENT IN SHARES
» INVESTMENT IN SHARES continued
» FIXED ASSETS Bank Mandiri Eng 31 Des 2016 Released Password Removed
» FIXED ASSETS continued Bank Mandiri Eng 31 Des 2016 Released Password Removed
» FIXED ASSETS continued Others
» FIXED ASSETS continued Others continued
» INTANGIBLE ASSETS December 31, December 31, OTHER ASSETS December 31, December 31,
» OTHER ASSETS continued DEPOSITS FROM CUSTOMERS - DEMANDWADIAH DEMAND DEPOSITS
» DEPOSITS FROM CUSTOMERS - SAVINGWADIAH SAVING DEPOSITS continued
» DEPOSITS FROM CUSTOMERS - TIME DEPOSITS continued
» DEPOSITS FROM OTHER BANKS - DEMANDWADIAH DEMAND AND SAVING DEPOSITS
» DEPOSITS FROM OTHER BANKS -DEMANDWADIAH DEMAND AND SAVING DEPOSITS continued
» DEPOSITS FROM OTHER BANKS - INTER-BANK CALL MONEY
» DEPOSITS FROM OTHER BANKS - TIME DEPOSITS
» LIABILITY TO UNIT-LINK HOLDERS
» LIABILITY TO UNIT-LINK HOLDERS continued
» LIABILITY TO UNIT-LINK HOLDERScontinued
» SECURITIES SOLD UNDER REPURCHASE AGREEMENTS
» ACCEPTANCES PAYABLE Bank Mandiri Eng 31 Des 2016 Released Password Removed
» MARKETABLE SECURITIES ISSUED Bank Mandiri Eng 31 Des 2016 Released Password Removed
» MARKETABLE SECURITIES ISSUED continued Bonds continued
» MARKETABLE SECURITIES ISSUED continued Subordinated notes sharia mudharabah
» MARKETABLE SECURITIES ISSUED continued Subordinated notes sharia mudharabah continued
» ESTIMATED LOSSES ON COMMITMENTS AND CONTINGENCIES
» Prepaid taxes December 31, December 31,
» Taxes payable December 31, December 31,
» TAXATION b. Taxes payable continued
» TAXATION continued d. Tax expense - current
» TAXATION continued d. Tax expense - current continued
» Tax on fixed assets revaluation
» Tax assessment letters Fiscal year 2013
» Tax collection letter Fiscal year 2014
» EMPLOYEE BENEFIT LIABILITIES December 31, December 31,
» OTHER LIABILITIES continued Bank Mandiri Eng 31 Des 2016 Released Password Removed
» FUND BORROWINGS continued December 31, December 31,
» FUND BORROWINGS continued FUND BORROWINGS continued
» FUND BORROWINGS continued Bank Mandiri Eng 31 Des 2016 Released Password Removed
» SUBORDINATED LOANS Bank Mandiri Eng 31 Des 2016 Released Password Removed
» SUBORDINATED LOANS continued Bank Mandiri Eng 31 Des 2016 Released Password Removed
» TEMPORARY SYIRKAH FUNDS Bank Mandiri Eng 31 Des 2016 Released Password Removed
» TEMPORARY SYIRKAH FUNDS continued
» Authorised, Issued and Fully Paid Capital
» SHARE CAPITAL continued a. Authorised, Issued and Fully Paid Capital continued
» SHARE CAPITAL continued a. Authorised, Issued and Fully Paid-in Capital continued
» Additional Paid-In CapitalShare Premium
» SHARE CAPITAL continued c. Distribution of net income continued
» INTEREST EXPENSE AND SHARIA EXPENSE OTHER OPERATING INCOME - OTHERS Year ended December 31,
» ALLOWANCE AND REVERSAL FOR IMPAIRMENT LOSSES Year ended December 31,
» UNREALISED GAINSLOSSES Bank Mandiri Eng 31 Des 2016 Released Password Removed
» GAIN ON SALE OF MARKETABLE SECURITIES AND GOVERNMENT BONDS Year ended December 31,
» SALARIES AND EMPLOYEE BENEFITS Year ended December 31,
» SALARIES AND EMPLOYEE BENEFITS continued
» GENERAL AND ADMINISTRATIVE EXPENSES Year ended December 31, EMPLOYEE BENEFITS
» EMPLOYEE BENEFITScontinued Pension Plan
» EMPLOYEE BENEFITS continued Pension Plan continued
» EMPLOYEE BENEFITS continued Pension Plan
» EMPLOYEE BENEFITScontinued Bank Mandiri Eng 31 Des 2016 Released Password Removed
» EMPLOYEE BENEFITS continued EMPLOYEE BENEFITS continued
» EMPLOYEE BENEFITS continued Labor Law No. 132003 continued
» NON-OPERATING EXPENSEINCOME - NET Year ended December 31,
» COMMITMENTS AND CONTINGENCIES continued
» FOREIGN CURRENCY TRANSACTIONS Bank Mandiri Eng 31 Des 2016 Released Password Removed
» RELATED PARTY TRANSACTIONS Bank Mandiri Eng 31 Des 2016 Released Password Removed
» RELATED PARTY TRANSACTIONS continued
» RELATED PARTY TRANSACTIONS continued RELATED PARTY TRANSACTIONS continued
» Liabilities RELATED PARTY TRANSACTIONS continued
» Temporary Syirkah Funds Note 38
» SEGMENT INFORMATION Bank Mandiri Eng 31 Des 2016 Released Password Removed
» SEGMENT INFORMATION continued Bank Mandiri Eng 31 Des 2016 Released Password Removed
» CAPITAL ADEQUACY RATIO Bank Mandiri Eng 31 Des 2016 Released Password Removed
» CAPITAL ADEQUACY RATIO continued
» CUSTODIAL SERVICES AND TRUST OPERATIONS
» CUSTODIAL SERVICES AND TRUST OPERATIONS continued
» CHANNELING LOANS Bank Mandiri Eng 31 Des 2016 Released Password Removed
» RISK MANAGEMENT Bank Mandiri Eng 31 Des 2016 Released Password Removed
» RISK MANAGEMENT continued Bank Mandiri Eng 31 Des 2016 Released Password Removed
» RISK MANAGEMENT continued RISK MANAGEMENT continued
» Integrated banking system agreement with vendor
» Legal matters Trade Financing with Asian Development Bank ADB
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