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
38
5. PLACEMENTS WITH BANK INDONESIA AND OTHER BANKS continued
e. Movements of allowance for possible losses on placements with other banks continued: As of December 31, 2008, Bank Mandiri has a placement with loss classification on certain financial
institution amounting to Rp242,708 while on the other hand, such financial institution has a placement in Bank Mandiri in the form of current account Note 19a and inter-bank call money Note 20a. The
balance of placement of Bank Mandiri in such financial institution has been set-off with the current account and inter-bank call money placed by such financial institution in Bank Mandiri. The provision
for losses provided by Bank Mandiri for such financial institution is the difference between the balance of the placement in such financial institution and the balance of the current account and inter - bank
call money placed by such financial institution in Bank Mandiri. Such amount is part of the total provision provided during the current year.
Management believes that the allowance for possible losses on placements with other banks is adequate.
6. SECURITIES
a. By Purpose and Related and Third Parties:
2008 2007
Related parties Note 47a: Trading
- 13,532
Available for sale -
14,709 -
28,241 Third parties:
Trading 20,328,692
23,090,970 Available for sale
475,092 1,432,288
Held to maturity 3,866,576
3,808,527 24,670,360
28,331,785 Total
24,670,360 28,360,026
Less: Unamortized discounts 41,724 8,833
Unrealized gains from increase in value of securities 40,257 79,857
Allowance for possible losses 44,046 1,114,497
24,624,847 27,316,553
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
39
6. SECURITIES continued
b. By Type, Currency and Collectibility:
2008
Unamortized Unrealized Fair ValueBook Value
Cost Premiums
Gains Nominal
Discounts Losses
Current Substandard
Loss Total
Rupiah: Trading
Certificates of Bank Indonesia 19,903,800
- 91,640
19,995,440 -
- 19,995,440 Investments in mutual fund units
362,396 -
633 363,029
- -
363,029 Bonds
62,280 -
2,590 59,391
- 299
59,690 Shares
216 -
110 106
- -
106 20,328,692
- 89,573
20,417,966 -
299 20,418,265
Available for sale Investments in mutual fund units
27,987 -
3,270 24,717
- -
24,717 Syariah Mudharabah bonds
8,000 -
765 8,765
- -
8,765 35,987
- 2,505
33,482 -
- 33,482
Held to maturity Wadiah Certificates of Bank Indonesia 1,305,000
- -
1,305,000 - - 1,305,000 Syariah Mudharabah bonds
994,262 8,141
- 986,121
- -
986,121 Bonds
581,000 34,788
- 546,212
- -
546,212 Export bills
170,015 -
- 170,015
- -
170,015 3,050,277
42,929 -
3,007,348 -
- 3,007,348
Total Rupiah 23,414,956
42,929 87,068
23,458,796 -
299 23,459,095
Foreign currency: Available for sale
Export bills 202,835
- -
202,835 -
- 202,835
Floating rate notes 141,404
- 32,274
109,130 -
- 109,130
Bonds 94,866
- 14,537
80,329 -
- 80,329
439,105 -
46,811 392,294
- -
392,294 Held to maturity
Export bills 361,750
- -
356,286 -
5,464 361,750
Bonds 349,764
1,376 -
351,140 -
- 351,140
Treasury bills 72,085
42 -
72,043 -
- 72,043
Floating rate notes 32,700
129 -
32,571 -
- 32,571
816,299 1,205
- 812,040
- 5,464
817,504 Total foreign currency
1,255,404 1,205
46,811 1,204,334
- 5,464
1,209,798 Total
24,670,360 41,724
40,257 24,663,130
- 5,763
24,668,893 Less: Allowance for possible losses
38,283 -
5,763 44,046
Net 24,624,847
- -
24,624,847
