Value Added Tax VAT on Bank Syariah Mandiri BSM Murabahah Transactions
PT BANK MANDIRI PERSERO Tbk. AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DECEMBER 2012 AND 2011
Expressed in millions of Rupiah, unless otherwise stated
Appendix 5196 63. ACCOUNTS RECLASSIFICATION
Certain accounts in the consolidated financial statements as at 31 December 2011 and 1 January 2011 have been reclassified to conform with the presentation of the consolidated financial statements as at
31 December 2012. Reclassified to comply with Bapepam and LK regulation No. VIII.G.7. dated 25 June 2012 regarding Financial Statements Presentation and Disclosure for Issuers or Public Companies.
The details of the accounts reclassifications are as follows:
31 December 2011
Before Reclassification
Reclassification After
Reclassification
Consolidated statement of financial position Other Assets
7,249,901 1,584,663
5,665,238 Prepaid Expenses
- 1,404,758
1,404,758 Prepaid Taxes
- 21,540
21,540 Fixed Assets
12,051,832 1,656,471
10,395,361 Accumulated Depreciation - Fixed Assets
5,462,238 1,116,123
4,346,115 Intangible Assets
- 1,824,215
1,824,215 Amortisation - Intangible Assets
- 1,125,502
1,125,502 Other liabilities
15,378,187 5,224,635
10,153,552 Accrued Expenses
600,545 1,666,622
2,267,167 Employee Benefits Liabilities
- 2,829,919
2,829,919 Provision
- 728,094
728,094 Obligation due Immediately
1,830,798 529,326
1,301,472 Current Tax Payable
761,737 761,737
- Tax Payable
- 1,291,063
1,291,063
Consolidated Statement of Cash Flows Cash flow from operating activities
Decreaseincrease in operating assets: Other assets
1,407,896 504,878
903,018 Prepaid expenses
- 506,910
506,910 Prepaid tax
- 2,032
2,032 Increasedecrease in operating liabilities and
temporary syirkah funds: Obligation due immediately
414,966 129,041
544,007 Taxes payable
221,991 129,041
351,032 Cash flow from investing activities
Proceeds from sale of fixed assets 50,084
1,937 48,147
Acquisition of fixed assets 1,540,870
321,476 1,219,394
Acquisition of intangible assets -
319,539 319,539
1 January 2011
Before Reclassification
Reclassification After
Reclassification
Consolidated statement of financial position Other Assets
5,384,797 1,069,391
4,315,406 Prepaid Expenses
- 897,848
897,848 Prepaid Taxes
- 23,572
23,572 Fixed Assets
10,827,137 1,338,339
9,488,798 Accumulated Depreciation - Fixed Assets
5,300,137 1,064,396
4,235,741 Intangible Assets
- 1,492,515
1,492,515 Amortisation - Intangible Assets
- 1,070,601
1,070,601 Other liabilities
10,338,954 4,530,736
5,808,218 Accrued Expenses
606,975 1,360,092
1,967,067 Employee Benefits Liabilities
- 2,512,058
2,512,058 Provision
- 658,586
658,586 Obligation due Immediately
1,415,831 658,366
757,465 Current Tax Payable
750,432 750,432
- Tax Payable
- 1,408,798
1,408,798
PT BANK MANDIRI PERSERO Tbk. AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DECEMBER 2012 AND 2011
Expressed in millions of Rupiah, unless otherwise stated
Appendix 5197 64. SUBSEQUENT EVENTS
On 31 January 2013, PT Bank Mandiri Persero Tbk together with PT Taspen Persero, PT Pos Indonesia Persero, and PT Bank Sinar Harapan Bali “BSHB”, a Subsidiary of Bank Mandiri, have
signed “Kesepakatan Bersama tentang Kemitraan Strategis Guna Mewujudkan Sinergi Usaha antara PT Bank Mandiri Persero Tbk, dan PT Taspen Persero dan PT Pos Indonesia Persero dan PT Bank
Sinar Harapan Bali”.
The signing of the agreement is an early phase in which all parties principally agreed to conduct business synergy by investing in BSHB’s shares, as joint venture vehicle, through right issue scheme
with Bank Mandiri remain as the majority shareholder. The objective of this initiative is to optimize BSHB in delivering integrated financial service solution in Indonesia, especially to small-medium size segment.