PT BANK MANDIRI PERSERO Tbk. AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DECEMBER 2011 AND 2010
Expressed in millions of Rupiah, unless otherwise stated
Appendix 554 6. PLACEMENTS WITH BANK INDONESIA AND OTHER BANKS continued
b. By related parties and third parties:
2011 2010
Rupiah: Related parties Note 51
472,462 651,576
Third parties 34,298,764
17,114,908 Total Rupiah
34,771,226 17,766,484
Foreign currencies: Related parties Note 51
655,776 775,684
Third parties 16,112,789
10,509,752 Total foreign currencies Note 57B.v
16,768,565 11,285,436
Total 51,539,791
29,051,920 Less: Allowance for impairment losses
146,729 137,885
51,393,062 28,914,035
c. Average Interest Rate yield per Annum:
2011 2010
Rupiah 6.21
6.46 Foreign currencies
0.23 0.29
d. As at 31 December 2011 and 2010 , there were no placements pledged as cash collateral. e. Movements of allowance for impairment losses on placements with other banks:
2011 2010
Balance at beginning of year 137,885
347,184 Adjustment to opening balance relating to implementation
of SFAS 55 Revised 2006 Note 50 -
108,175 Allowancereversal during the year Note 39
7,300 63,286
Others 1,544
37,838
Balance at end of year 146,729
137,885
Includes effect of foreign currency translation.
PT BANK MANDIRI PERSERO Tbk. AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DECEMBER 2011 AND 2010
Expressed in millions of Rupiah, unless otherwise stated
Appendix 555 6. PLACEMENTS WITH BANK INDONESIA AND OTHER BANKS continued
e. Movements of allowance for impairment losses on placements with other banks continued:
Management believes that the allowance for impairment losses on placements with Bank Indonesia and other banks is adequate.
Bank Mandiri has a placement with a financial institution in liquidation, which was classified as loss or “impaired”. Bank Mandiri’s claims that have been approved by the Trustee based on the
creditors meeting on 5 November 2009 was amounting to EUR16,395,092 full amount for the placement. On 10 March 2010 and 24 November 2010, the Trustee has paid portion of the claims
interim distribution to Bank Mandiri, after a set-off with balance of demand deposit, inter-bank call money and LC UPAS obligation of a Subsidiary to the financial institution, so the balance of
Bank Mandiris placement with financial institutions in liquidation as at 31 December 2011 and 2010 amounting to EUR5,815,120 full amount. As at 31 December 2011 and 2010, Bank Mandiri
has established a reserve for impairment losses on the remaining outstanding balance of placement with financial institution.
f. Information in respect of classification of “non-impaired” and “impaired” is disclosed in Note 57A.
7. MARKETABLE SECURITIES
a. By Purpose, Related Parties and Third Parties:
2011 2010
Related parties Note 51: Fair value through profit or loss
3,350,981 90,458
Available for sale 386,745
41,753 Held to maturity
277,729 282,747
4,015,455 414,958
Third parties: Fair value through profit or loss
626,303 17,597,434
Available for sale 5,459,939
5,462,781 Held to maturity
2,222,114 3,884,595
Loans and Receivable 9,588
- 8,317,944
26,944,810 Total
12,333,399 27,359,768
Lessadd: Unamortised discounts
9,269 17,009
Unrealised lossgain on decreaseincrease in fair value of marketable securities
70,119 153,665
Allowance for impairment losses 251,093
248,895 330,481
112,239 12,002,918
27,247,529
PT BANK MANDIRI PERSERO Tbk. AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DECEMBER 2011 AND 2010
Expressed in millions of Rupiah, unless otherwise stated
Appendix 556 7. MARKETABLE SECURITIES continued
b. By Type, Currency and Bank Indonesia’s Collectibility:
31 December 2011
Cost Unamortised
Unrealised Fair ValueAmortised Cost
Nominal Discounts
Gains Value
Premiums Losses
Current Substandard
Loss Total
Rupiah: Fair value through profit or loss
Bonds 3,039,234
- 8,518
3,047,563 -
189 3,047,752
Medium-term notes 460,000
- -
460,000 -
- 460,000
Investments in mutual fund units 142,466
- 7,116
149,582 -
- 149,582
Shares 72,658
- 986
71,672 -
- 71,672
3,714,358 -
14,648 3,728,817
- 189
3,729,006 Available for sale
Investments in mutual fund units 5,057,143
- 18,123
5,075,266 -
- 5,075,266
Shares 301,000
- 110,367
190,633 -
- 190,633
Sharia Corporate bonds 93,000
- 6,540
99,540 -
- 99,540
Medium-term notes 30,000
- -
30,000 -
- 30,000
Bonds 12,745
- 401
13,146 -
- 13,146
5,493,888 -
85,303 5,408,585
- -
5,408,585
-
Held to maturity Sharia Corporate bonds
953,000 165
- 816,159
87,006 50,000
953,165 Bonds
516,000 8,070
- 421,834
- 86,096
507,930 Export bills
151,369 -
- 151,369
- -
151,369 Sharia Certificates of Bank Indonesia
100,000 -
- 100,000
- -
100,000 Certificates of Bank Indonesia
30,000 770
- 29,230
- -
29,230 1,750,369
8,675 -
1,518,592 87,006
136,096 1,741,694
Total Rupiah 10,958,615
8,675 70,655
10,655,994 87,006
136,285 10,879,285
Foreign currencies: Fair value through profit or loss
Treasury bills 244,962
- 16
244,946 -
- 244,946
Bonds 17,964
- 687
18,651 -
- 18,651
262,926 -
671 263,597
- -
263,597 Available for sale
Export bills 196,161
- -
196,161 -
- 196,161
Floating rate notes 137,608
- 165
137,443 -
- 137,443
Bonds 19,027
- 30
19,057 -
- 19,057
352,796 -
135 352,661
- -
352,661 Held to maturity
Export bills 731,339
- -
731,339 -
- 731,339
Floating rate notes 18,135
594 -
17,541 -
- 17,541
-
749,474 594
- 748,880
- -
748,880 Loans and receivables bond
9,588 -
- -
- 9,588
9,588 Total foreign currencies Note 57B.v
1,374,784 594
536 1,365,138
- 9,588
1,374,726 Total
12,333,399 9,269
70,119 12,021,132
87,006 145,873
12,254,011 Less: Allowance for impairment losses
251,093
Net 12,002,918
Held to maturity securities are presented at nominal value. Held to maturity securities are presented at amortised cost.
PT BANK MANDIRI PERSERO Tbk. AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DECEMBER 2011 AND 2010
Expressed in millions of Rupiah, unless otherwise stated
Appendix 557 7. MARKETABLE SECURITIES continued
b. By Type, Currency and Bank Indonesia’s Collectibility continued:
31 December 2010
Cost Unamortised
Unrealised Fair ValueAmortised Cost
Nominal Discounts
Gains Value
Premiums Losses
Current Substandard
Loss Total
Rupiah: Fair value through profit or loss
Certificates of Bank Indonesia 17,398,516
- 108,796
17,507,312 -
- 17,507,312
Shares 92,243
- 1,833
90,410 -
- 90,410
Investments in mutual fund units 67,964
- 6,667
74,631 -
- 74,631
Bonds 69,169
- 374
69,333 -
210 69,543
Medium-term notes 60,000
- -
60,000 -
- 60,000
17,687,892 -
114,004 17,801,686
- 210
17,801,896 Available for sale
Investments in mutual fund units 5,021,883
- 35,071
5,056,954 -
- 5,056,954
Sharia Corporate bonds 80,000
- 3,420
83,420 -
- 83,420
Sharia mutual fund 25,000
- 1,233
26,233 -
- 26,233
Bonds 11,753
- 97
11,850 -
- 11,850
5,138,636 -
39,821 5,178,457
- -
5,178,457
-
Held to maturity Sharia Certificates of Bank Indonesia
1,250,000 -
- 1,250,000
- -
1,250,000 Sharia Corporate bonds
953,000 303
- 903,303
- 50,000
953,303 Bonds
516,000 16,636
- 413,695
- 85,669
499,364 Export bills
104,510 -
- 104,510
- -
104,510 Certificates of Bank Indonesia
20,000 379
- 19,621
- -
19,621 2,843,510
16,712 -
2,691,129 -
135,669 2,826,798
Total Rupiah 25,670,038
16 ,712 153,825
25,671,272 -
135,879 25,807,151
Foreign currencies: Available for sale
Export bills 199,610
- -
199,610 -
- 199,610
Floating rate notes 138,350
- 298
138,052 -
- 138,052
Bonds 27,938
- 138
28,076 -
- 28,076
365,898 -
160 365,738
- -
365,738 Held to maturity
Export bills 1,091,565
- -
1,091,565 -
- 1,091,565
Treasury bills 151,057
67 -
150,990 -
- 150,990
Bonds 63,190
470 -
63,660 -
- 63,660
Floating rate notes 18,020
700 -
17,320 -
- 17,320
-
1,323,832 297
- 1,323,535
- -
1,323,535 Total foreign currencies Note 57B.v
1,689,730 297
160 1,689,273
- -
1,689,273 Total
27,359,768 17,009
153,665 27,360,545
- 135,879
27,496,424 Less: Allowance for impairment losses
248,895
Net 27,247,529
Held to maturity securities are presented at nominal value. Held to maturity securities are presented at amortised cost.
PT BANK MANDIRI PERSERO Tbk. AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DECEMBER 2011 AND 2010
Expressed in millions of Rupiah, unless otherwise stated
Appendix 558 7. MARKETABLE SECURITIES continued