PT BANK MANDIRI PERSERO Tbk. AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
AS AT 31 DECEMBER 2010, 2009 AND 2008
Expressed in millions of Rupiah, unless otherwise stated
Appendix 5165 56. RISK MANAGEMENT continued
Market Risk and Liquidity Risk continued
e. Foreign Exchange Risk Management continued
Net Open Position calculation as at 31 December 2010, 2009 and 2008, based on Bank Indonesia’s Regulation No. 737PBI2005 dated 30 September 2005. In accordance with that
regulation, the overall Net Open Position ratio is the sum of the absolute amount from the net difference between assets and liabilities for each foreign currency on balance sheet Rupiah
equivalent and the net difference between receivables and payables from commitments and contingencies for each foreign currency Rupiah equivalent recorded in off balance sheet account.
The on balance sheet position is the net difference between total assets and liabilities for each currency Rupiah equivalent.
Below is the Net Open Position of Bank Mandiri, as at 31 December 2010 by currency Rupiah equivalent:
Currency Assets
Liabilities Net Open Position
OVERALL ON-BALANCE SHEET AND ADMINISTRATIVE ACCOUNTS
United States Dollar 62,273,246
62,597,851 324,605
Euro 1,892,164
1,863,849 28,315
Singapore Dollar 1,120,531
942,168 178,363
Japanese Yen 291,191
270,496 20,695
Australian Dollar 265,144
263,563 1,581
Hong Kong Dollar 78,010
61,509 16,501
Great Britain Pound Sterling 64,603
76,826 12,223
Others 112,977
52,052 76,477
Total 658,760
ON-BALANCE SHEET
United States Dollar 58,614,928
54,090,060 4,524,868
Euro 1,822,400
1,742,287 80,113
Singapore Dollar 1,028,889
907,911 120,978
Australian Dollar 257,442
174,161 83,281
Japanese Yen 285,076
215,003 70,073
Hong Kong Dollar 73,953
57,452 16,501
Great Britain Pound Sterling 56,587
62,885 6,298
Others 110,274
36,307 73,967
Total 4,963,483
Total Tier I and Tier II Capital less investments in Subsidiaries Note 52
35,654,733
NOP Ratio On-Balance Sheet 13.92
NOP Ratio Overall 1.85
Below is the Net Open Position ratio of Bank Mandiri, as at 31 December 2010 if calculated using November 2010 capital unaudited:
Capital November 2010 34.846.840
NOP Ratio On-Balance Sheet 14.24
NOP Ratio Overall 1.89
Sum from the absolute amount of difference between assets and liabilities from other foreign currencies. Sum from the amount of difference between assets and liabilities from other foreign currencies.
PT BANK MANDIRI PERSERO Tbk. AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
AS AT 31 DECEMBER 2010, 2009 AND 2008
Expressed in millions of Rupiah, unless otherwise stated
Appendix 5166 56. RISK MANAGEMENT continued
Market Risk and Liquidity Risk continued
e. Foreign Exchange Risk Management continued
Below is the Net Open Position of Bank Mandiri, as at 31 December 2009 by currency Rupiah equivalent:
Currency Assets
Liabilities Net Open Position
OVERALL ON-BALANCE SHEET AND ADMINISTRATIVE ACCOUNTS
United States Dollar 60,281,348
59,556,415 724,933
Euro 1,396,804
1,344,045 52,759
Singapore Dollar 652,278
548,187 104,091
Japanese Yen 263,957
203,837 60,120
Australian Dollar 228,011
199,827 28,184
Hong Kong Dollar 159,873
185,748 25,875
Great Britain Pound Sterling 105,874
105,632 242
Others 56,510
6,972 50,354
Total 1,046,558
ON-BALANCE SHEET
United States Dollar 57,834,011
55,578,691 2,255,320
Euro 1,281,829
1,254,255 27,574
Singapore Dollar 579,546
415,951 163,595
Japanese Yen 206,926
72,916 134,010
Hong Kong Dollar 159,873
54,178 105,695
Australian Dollar 151,510
118,677 32,833
Great Britain Pound Sterling 89,344
90,467 1,123
thers 56,510
6,972 49,538
Total 2,767,442
Total Tier I and Tier II Capital less investments in Subsidiaries Note 52
30,456,978
NOP Ratio On-Balance Sheet 9.09
NOP Ratio Overall 3.44
Below is the Net Open Position ratio of Bank Mandiri, as at 31 December 2009 if calculated using November 2009 capital unaudited:
Capital November 2009 26,382,396
NOP Ratio On-Balance Sheet 10.49
NOP Ratio Overall 3.97
Sum from the absolute amount of difference between assets and liabilities from other foreign currencies. Sum from the amount of difference between assets and liabilities from other foreign currencies.
