These consolidated financial statements are originally issued in Indonesian language.
PT BANK MANDIRI PERSERO TBK. AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Year Ended December 31, 2006 With Comparative Figures For 2005
Expressed in millions of Rupiah, unless otherwise stated
16
1. GENERAL continued
g. Structure and Management continued Board of Directors
President Director :
Agus Martowardojo Agus Martowardojo
Deputy President Director :
Wayan Agus Mertayasa Wayan Agus Mertayasa
Director :
Omar Sjawaldy Anwar Omar Sjawaldy Anwar
Director :
Zulkifli Zaini Johanes Bambang Kendarto
Director :
Abdul Rachman Zulkifli Zaini
Director : Sasmita
Abdul Rachman Director
: Sentot A. Sentausa
Sasmita Director :
Bambang Setiawan
- Director :
Riswinandi - Director
: Thomas Arifin -
Director : Budi Gunadi Sadikin
-
also appointed as Independent Commissioner also appointed as Compliance Director
also appointed as temporary Compliance Director waiting for BI approval
Bank Mandiri’s Audit Committee as of December 31, 2006 and 2005 is comprised of the following members:
2006 and
2005 Chairman :
Gunarni Soeworo
Member : Soedarjono
Member :
Yap Tjay Soen Member :
Zulkifli Djaelani
Member : Imam
Sukarno As of December 31, 2006 and 2005 Bank Mandiri has a total of 21,062 and 21,192 employees
unaudited, respectively.
2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
a. Basis of Preparation of the Consolidated Financial Statements The consolidated financial statements of Bank Mandiri and Subsidiaries have been prepared in
conformity with the Statement of Financial Accounting Standards SFAS No. 31 Revised 2000, “Accounting for the Banking Industry” and other generally accepted accounting principles established
by the Indonesian Institute of Accountants and, where applicable, with prevailing banking industry practices and accounting and reporting guidelines prescribed by the Indonesian banking regulatory
authority and the Capital Market Supervisory Board.
The consolidated financial statements have been prepared on the historical cost and accrual basis of accounting, except for trading and available for sale securities and Government Recapitalization Bonds
and derivative receivables and payables which are stated at fair value, hedge bonds which are stated at indexed value, certain investments in shares of stock which are accounted for under the equity
method, and certain premises and equipment which have been revalued.
These consolidated financial statements are originally issued in Indonesian language.
PT BANK MANDIRI PERSERO TBK. AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Year Ended December 31, 2006 With Comparative Figures For 2005
Expressed in millions of Rupiah, unless otherwise stated
17
2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued
