PT BANK MANDIRI PERSERO TBK. AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Six Months Ended June 30, 2006 Unaudited and 2005 Audited Expressed in millions of Rupiah, unless otherwise stated
73
22. SECURITIES SOLD WITH AGREEMENTS TO REPURCHASE
As of June 30, 2006, securities sold with agreements to repurchase are as follows :
Securities Nominal
Value Commen-
cement Date
Maturity Date
Repurchase Value
Unamortized Prepaid
Interest Expense
Net Value
Rupiah Recap bonds FR0019
231,028 11032004
11032009 285,060
- 285,060
Recap bonds VR0017 289,859
11042004 11042009
284,062 -
284,062 Recap bonds VR0019
355,652 05162005
05182010 316,356
- 316,356
Recap bonds VR0013 617,500
06032005 01072008
617,500 -
617,500 Recap bonds FR0013
27,000 06062006
07062006 28,251
63 28,188
Recap bonds FR0020 20,000
06232006 07242006
19,892 177
19,715 Recap bonds FR0002
25,000 06272006
07272006 26,576
413 26,163
Recap bonds FR0023 20,000
06302006 07312006
16,783 193
16,590
Total 1,586,039
1,594,480 846
1,593,634
The agreements to repurchase Government Recapitalization Bonds with counterparty banks serial numbers VR0013, VR0017, FR0019 and serial numbers VR0019 are associated with funding of foreign
currency with cross currency swap transactions with the respective counterparties. There is no premium or discount on these contracts.
As of June, 2005, securities sold with agreements to repurchase were as follows:
Securities Nominal Value
Commen- cement
Date Maturity
Date Repurchase
Value Unamortized
Prepaid Interest
Expense Net Value
Rupiah Recap bonds VR0010
1,312,361 05092003
10252006 1,305,000
- 1,305,000
Recap bonds VR0013 617,500
06072005 01072008
617,500 -
617,500 Recap bonds FR0019
710,000 04072005
07062005 609,784
797 608,987
Recap bonds VR0019 720,000
06302005 07292005
603,830 4,048
599,782 Recap bonds VR0013
500,000 06162005
07152005 502,032
1,552 500,480
Recap bonds VR0019 500,000
06172005 07182005
477,843 1,793
476,050 Recap bonds VR0019
480,000 06302005
08012005 402,843
2,988 399,855
Recap bonds VR0019 479,000
06292005 07292005
401,811 2,693
399,118 Recap bonds VR0019
355,652 05182005
05182010 316,356
- 316,356
Recap bonds FR0019 231,028
11032004 11032009
285,060 -
285,060 Recap bonds VR0017
289,859 11042004
11042009 284,063
- 284,063
Various 140,000
Various Various
147,701 369
148,332
Total 6,335,400
5,954,823 14,240
5,940,583
The agreements to repurchase Government Recapitalization Bonds with counterparty banks serial numbers VR0010, VR0013, VR0017, FR0019 and serial numbers VR0019 are associated with cross
currency swap transactions with the respective counterparties. There is no premium or discount on these contracts.
As of September 1, 2005, Bank executed call option of its agreements to repurchase Government Recapitalization Bonds with one of the counterparty bank serial numbers VR0010. The Bank already
repurchased the Government Recapitalization Bonds.
PT BANK MANDIRI PERSERO TBK. AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Six Months Ended June 30, 2006 Unaudited and 2005 Audited Expressed in millions of Rupiah, unless otherwise stated
74
23. ACCEPTANCES PAYABLE
