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
45
7. GOVERNMENT BONDS continued
2008 continued Rupiah continued
Held to maturity:
Interest Rates Maturity
Frequency of Nominal
per Annum Dates
Interest Payment Fixed rate bonds
2,103,327 9.00-
06152009- 6 months
15.58 05152037
Variable rate bonds 59,744,598
3-month SBI 12252014-
3 months 07252020
61,847,925 Foreign currency
Available for sale Interest Rates
Maturity Frequency of
Nominal per Annum
Fair Value Dates
Interest Payment Fixed rate bonds
109,000 6.63 -
92,345 03102014-
6 months 8.50
01172038
Held to maturity
Interest Rates Maturity Frequency of Nominal
per Annum Dates
Interest Payment Fixed rate bonds
123,181 6.78 - 10032014-
6 months 6.88 03092017
2007 Rupiah
Trading
Interest Rates Maturity
Frequency of Nominal
per Annum Fair Value
Dates Interest Payment
Fixed rate bonds 896,832
9.00- 943,603
11282008- 6 months
14.28 09152025
Variable rate bonds 10,000
3-month SBI 10,026
06252011 3 months
906,832 953,629
Available for sale
Interest Rates Maturity
Frequency of Nominal
per Annum Fair Value
Dates Interest Payment
Fixed rate bonds 613,617
9.50- 674,430
11152010- 6 months
15.58 02152028
Variable rate bonds 26,577,428
3-month SBI 26,541,700
01252008- 3 months
07252020
27,191,045 27,216,130
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
46
7. GOVERNMENT BONDS continued
2007 continued Rupiah continued
Held to maturity
Interest Rates Maturity
Frequency of Nominal
per Annum Dates
Interest Payment Fixed rate bonds
1,350,000 13.15
03152010 6 months
Variable rate bonds 59,744,598
3-month SBI 12252014-
3 months 07252020
61,094,598 Foreign Currency
Trading
Interest Rates Maturity
Frequency of Nominal
per Annum Fair Value
Dates Interest Payment
Fixed rate bonds 18,786
6.63- 18,763 03092017
6 months 6.88
02172037
Available for sale
Interest Rates Maturity
Frequency of Nominal
per Annum Fair Value
Dates Interest Payment
Fixed rate bonds 75,144
6.63- 78,313 04202014-
6 months 8.50
02172037
Held to maturity
Interest Rates Maturity
Frequency of Nominal
per Annum Dates
Interest Payment Fixed rate bonds
104,884 6.75-
10032014- 6 months
6.88 03092017
Significant information relating to Government Bonds is as follows: 2008
As of December 31, 2008, Government Bonds with a total nominal amount of Rp876,539 had been sold to counterparties with agreements to repurchase Note 22.
Based on the letter of Bank Indonesia No. 10177DpGDPNP on October 9, 2008, Determination of Fair Value and Reclassification of Government Bonds SUN, dated December 19, 2008, the Bank has
reclassified trading and available for sale Government Bonds with nominal amount of Rp116,813 and Rp402,589 respectively, to held to maturity Government Bonds. The fair value of Government Bonds for
trading and available for sale before reclassification amounted to Rp100,720 and Rp425,111, respectively, and the fair value of trading and available for sale Government Bonds at the time of reclassification
amounted to Rp99,648 and Rp376,737, respectively. The difference between fair value before and after reclassification coming from available for sale Government Bonds on reclassification date will be amortized
till the Government Bonds matured. If the Government Bonds remained as trading and available for sale Government Bonds, the market value as of December 31, 2008 amounted to Rp98,565 and Rp370,652,
respectively, which have impact on the consolidated profit and loss amounting to Rp1,083 and consolidated shareholders’ equity amounting to Rp6,085.
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
47
7. GOVERNMENT BONDS continued
