CONSUMER FINANCING RECEIVABLES continued

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 117

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 118

15. 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 11,224,243