PT BANK MANDIRI PERSERO TBK. AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Years Ended December 31, 2007 and 2006 Expressed in millions of Rupiah, unless otherwise stated
111
47. RELATED PARTY TRANSACTIONS continued
b. Significant transactions with the Government of the Republic of Indonesia continued Based on the Decree of the Minister of Finance of the Republic of Indonesia No. 227KMK.022003
dated May 23, 2003 and the Decree of the Minister of State - Owned Enterprises, as the Bank’s shareholder, No. KEP-154M-MBU2002 dated October 29, 2002 the Government converted the
Recapitalization Fund amounting to Rp5,000,000 with 5,000,000 shares with nominal Rp1,000,000 full amount per share, and with the remaining recapitalization fund amounting to Rp168,801,315 recorded
as Agio. The regulation of the Government of the Republic of Indonesia No. 26 year 2003 dated May 29, 2003
approved the increase in fully issued and paid - up capital of the Bank amounting to Rp1,000,000 from capitalization of partial appropriated reserve.
48. MATURITY PROFILE
This profile as of December 31, 2007 and 2006 is based on the remaining maturity period since those dates. Historically, a significant proportion of deposits are rolled-over on maturity. Also, Government Bonds trading
and available for sale could be liquidated through sale or used as collateral in the inter-bank market should the need for liquidity arise. The Bank’s policy with regards to the maturity gap between the monetary assets
and liabilities is to determine a gap limit which is adjusted to the Bank’s and Subsidiaries ability to obtain immediate liquidity.
The maturity profile of the Bank’s assets and liabilities is as follows:
2007
No Maturity Description
Total Contract
1 mth 1 mth - 3 mth 3 mth 6 mth 6 mth 12 mth
12 mth Assets
Cash 5,909,369
- 5,909,369
- -
- -
Current accounts with Bank Indonesia
28,161,059 -
28,161,059 -
- -
- Current accounts with
other banks - net 1,387,595
- 1,387,595
- -
- -
Placements with Bank Indonesia and
other banks - net 16,833,324
- 16,791,810
449 -
41,065 -
Securities - net 27,316,553
68,650 24,630,935
504,134 448,488
113,768 1,550,578
Government Bonds 89,466,317
- 739,520
- -
9,279 88,717,518
Other receivables-trade transactions - net
2,028,542 -
675,144 799,038
554,360 -
- Securities purchased with
agreements to resell - net 3,290,853
- 2,459,851
374,616 456,386
- -
Derivative receivables - net 336,651
- 153,427
3,415 563
- 179,246
Loans - net 125,488,384
- 8,887,611
12,601,250 10,539,535
23,100,480 70,359,508
Acceptances receivable - net 4,953,481
- 1,508,123
2,055,124 1,012,096
378,138 -
Investments in shares of stock - net
124,905 124,905
- -
- -
- Premises and equipment - net
4,531,577 4,531,577
- -
- -
- Deferred tax assets - net
4,096,447 4,096,447
- -
- -
- Accrued income
1,672,638 -
- 1,672,638
- -
- Others - net
3,487,895 2,120,961
1,065,673 -
- 301,261
-
Total Assets 319,085,590
10,942,540 92,370,117
18,010,664 13,011,428
23,943,991 160,806,850
PT BANK MANDIRI PERSERO TBK. AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Years Ended December 31, 2007 and 2006 Expressed in millions of Rupiah, unless otherwise stated
112
48. MATURITY PROFILE continued
2007 continued
No Maturity Description
Total Contract
1 mth 1 mth - 3 mth 3 mth 6 mth 6 mth 12 mth
12 mth Liabilities
Liabilities immediately payable 852,777
- 852,777
- -
- -
Demand deposits 67,010,951
- 67,010,951
- -
- -
Savings deposits 85,358,814
- 85,358,814
- -
- -
Time deposits 94,985,258
- 81,161,887
10,323,002 1,769,144
1,582,590 148,635
Deposits from other banks - Demand and saving deposits
1,637,065 -
1,637,065 -
- -
- - Inter-bank call money
827,617 -
827,617 -
- -
- - Time deposits
2,945,659 -
2,890,864 18,270
27,625 8,900
- Securities sold with
agreements to repurchase 2,914,343
- 2,028,864
- -
- 885,479
Derivative payables 34,348
- 14,811
5,092 6,262
- 8,183
Acceptances payables 5,023,235
- 1,530,220
2,082,065 1,028,510
382,440 -
Securities issued 4,050,564
- 957,107
- 2,717,893
200,000 175,564
Fund borrowings 9,345,061
- 99,673
3,799,987 1,790,562
2,746,398 908,441
Estimated losses on commitments and
contingencies 469,508
469,508 -
- -
- -
Accrued expenses 540,608
- 540,608
- -
- -
Taxes payable 1,280,398
- -
1,280,398 -
- -
Other liabilities 9,624,031
8,982,152 641,879
- -
- -
Subordinated loans 2,935,275
- 2,852
23,162 10,536
93,550 2,805,175
Total liabilities 289,835,512
9,451,660 245,555,989
17,531,976 7,350,532
5,013,878 4,931,477
Net assets liabilities 29,250,078
1,490,880 153,185,872
478,688 5,660,896
18,930,113 155,875,373
2006
No Maturity Description
Total Contract
1 mth 1 mth - 3 mth 3 mth 6 mth 6 mth 12 mth
12 mth Assets
Cash 3,965,717
- 3,965,717
- -
- -
Current accounts with Bank Indonesia
21,579,158 -
21,579,158 -
- -
- Current accounts with
other banks - net 537,234
- 537,234
- -
- -
Placements with Bank Indonesia and
other banks - net 9,435,541
- 9,031,890
12,888 212,511
178,252 -
Securities - net 17,547,112
92,262 15,286,420
259,586 182,750
128,910 1,597,184
Government Bonds 91,461,870
- -
- 168,869
- 91,293,001
Other receivables-trade transactions - net
1,958,039 -
526,842 802,434
628,763 -
- Securities purchased with
agreements to resell - net 833,388
- 460,929
88,206 284,253
- -
Derivative receivables - net 410,727
- 13,059
17,929 2,697
3,093 373,949
Loans - net 103,282,247
- 10,760,612
9,538,657 7,892,524
18,682,463 56,407,991
Acceptances receivable - net 3,453,170
- 805,629
1,551,088 999,879
89,889 6,685
Investments in shares of stock - net
84,870 84,870
- -
- -
- Premises and equipment - net
4,709,243 4,709,243
- -
- -
- Deferred tax assets - net
3,295,451 3,295,451
- -
- -
- Accrued income
1,661,130 -
- 1,661,130
- -
- Others - net
3,302,295 2,240,593
729,409 -
- 332,293
-
Total Assets 267,517,192
10,422,419 63,696,899
13,931,918 10,372,246
19,414,900 149,678,810