Deferred tax assets - net continued

PT BANK MANDIRI PERSERO Tbk. AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS 31 DECEMBER 2014 AND 2013 Expressed in millions of Rupiah, unless otherwise stated Appendix 5109 35. OTHER LIABILITIES continued Payable to customers mostly represent payable arising from marketable securities transactions done by PT Mandiri Sekuritas the Bank’s subsidiary. Liability related to ATM and credit card transactions represents payable arising from ATM transactions via ATM Bersama, ATM Link and ATM Prima network and payable to Visa and MasterCard on credit card transactions. Non-controling interest from Subsidiary’s mutual funds consolidation represents the portion of non- controling arises from consolidation of mutual funds controlled by Subsidiary AXA Mandiri Financial Services. Guarantee deposits are cash guarantee deposited by the Bank’s customers for export and import transaction and bank guarantee issuance. Deferred income directly attributable represents unamortised provisioncommissions income directly attributable to loans. Deferred income not directly attributable represents unamortised provisioncommissions income not directly attributable to loans. Payable from purchase of marketable securities represents the Bank’s liability related to purchase of marketable securities transactions that have been subsequently settled on 5 January 2015 and 3 January 2014, respectively for the year 2014 and 2013. Other liabilities related to UPAS transactions represents liability to the paying bank in foreign currencies in relation to UPAS receivables from importer. Others mostly consist of inter-office account, liabilities related to import transaction, suspense and unsettled transaction such as customer’s financial transaction.

36. FUND BORROWINGS

2014 2013 Rupiah: Related parties Note 55 a PT Permodalan Nasional Madani Persero - 2,369 g Others 202,609 775,945 202,609 778,314 Third parties b Ministry of Public Housing Kemenpera 137,570 109,021 c Direct Off-shore Loans 300,000 - f Repo to Maturity 494,301 - g Others 3,221,252 3,241,145 4,153,123 3,350,166 Total Rupiah 4,355,732 4,128,480 Foreign currencies: Related parties Note 55 e Trade Financing Facilities 49,540 - Third parties c Direct Off-shore Loans 10,500,576 8,121,615 d Bilateral Loan 6,190,452 3,041,233 e Trade Financing Facilities 3,130,804 705,860 Total foreign currencies Note 61B.v 19,821,832 11,868,708 19,871,372 11,868,708 24,227,104 15,997,188