These consolidated financial statements are originally issued in Bahasa.
PT BANK MANDIRI PERSERO Tbk. AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
As of December 31, 2015 and for the year then ended Expressed in millions of Rupiah, unless otherwise stated
70
4. CURRENT ACCOUNTS WITH BANK INDONESIA
December 31, December 31,
2015 2014
Rupiah 44,557,520
40,379,267 United States Dollar Note 61B.v
11,756,796 10,219,573
56,314,316 50,598,840
As of December 31, 2015 and 2014, the Bank’s Minimum Statutory Reserve complies with Bank Indonesia BI Regulation No. 1310PBI2011 dated February 9, 2011, which latest amended by BI
Regulation No. 1721PBI2015 dated November 26, 2015 regarding the latest amendment of Bank Indonesia Regulation No. 1515PBI2013 regarding Minimum Statutory Reserve of Commercial Banks
in Rupiah and foreign currencies which are as follows:
December 31, December 31,
2015 2014
Rupiah - Primary Minimum Statutory Reserve
7.50 8.00
- Secondary Minimum Statutory Reserve 4.00
4.00 Foreign Currencies
8.00 8.00
Primary Minimum Statutory Reserve liabilities Rupiah as of December 1, 2015 decrease from 8.00 to 7.50.
Primary Minimum Statutory Reserve is a minimum reserve that should be maintained by the Bank in the Current Accounts with Bank Indonesia. Secondary Minimum Statutory Reserve is the minimum
reserves that should be maintained by the Bank, comprises of Certificates of Bank Indonesia SBI, Certificate of Bank Indonesia Deposit SDBI, Treasury Bills andor Excess Reserve, which is
determined by Bank Indonesia. Minimum Statutory Reserve on Loan to Funding Ratio LFR is the Minimum Statutory Reserve that should be maintained by the Bank in the form of Current Account with
Bank Indonesia, if the Banks LFR below the minimum of LFR targeted by Bank Indonesia 78 and if the Banks LFR above the maximum of LFR targeted by Bank Indonesia 92 given that the Capital
Adequacy Ratio below BI requirement of 14.
LFR is a ratio of loan to third parties issued by the bank in Rupiah and foreign currency, not include loan to other banks, towards:
a. Third Party Funds that includes current accounts, saving accounts, and time deposits in Rupiah and foreign currencies, excluding interbank funds; and
b. Marketable securities in Rupiah and foreign currencies that meet certain requirements issued by the Bank for obtaining capital.
Based on Bank Indonesia BI Regulation No. 1711PBI2015 dated June 25, 2015, the citation of Loan to Deposit Ratio LDR on Bank Indonesia BI Regulation No. 1515PBI2013 has been
changed into Loan to Funding Ratio LFR since August 3, 2015 and calculation of Minimum Statutory Reserve of LFR has become effective since August 3, 2015.
Excess Reserve is an excess Bank’s balance of the Rupiah Account of Primary Minimum Statutory Reserve and Minimum Statutory Reserve on Loan to Funding Ratio that should be maintained in Bank
Indonesia.
These consolidated financial statements are originally issued in Bahasa.
PT BANK MANDIRI PERSERO Tbk. AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
As of December 31, 2015 and for the year then ended Expressed in millions of Rupiah, unless otherwise stated
71
4. CURRENT ACCOUNTS WITH BANK INDONESIA continued
The ratio of the Minimum Statutory Reserve requirement Bank Mandiri only for its Rupiah and foreign currencies accounts as of December 31, 2015 and 2014, are as follows:
December 31, December 31,
2015 2014
Rupiah - Primary Minimum Statutory Reserve
7.50 8.00
- Secondary Minimum Statutory Reserve 14.35
17.74 - Minimum Statutory Reserve on Loan to Funding Ratio
- -
Foreign currencies 8.50
8.49 Bank Mandiri’s LFR as of December 31, 2015 is between 78.00-92.00, while in December 31,
2014, the Bank still using LDR.
5. CURRENT ACCOUNTS WITH OTHER BANKS
a. By currency, related parties and third parties:
December 31, December 31,
2015 2014
Rupiah Related parties Note 55
23,070 19,869
Third parties 448,180
258,212 Total
471,250 278,081
Foreign currencies Related parties Note 55
1,445 1,068
Third parties 9,682,931
8,707,682 Total foreign currencies Note 61B.v
9,684,376 8,708,750
Total 10,155,626
8,986,831 Less: Allowance for impairment losses
3,412 3,364
Net 10,152,214
8,983,467
Included in foreign currencies are mainly Great Britain Pound Sterling, European Euro, United States Dollar, Japanese Yen, Australian Dollar, Hong Kong Dollar, Chinese Yuan, and Singapore
Dollar.
b. By Bank Indonesia’s collectibility:
December 31, December 31,
2015 2014
Rupiah - Current 471,250
278,081 Foreign currencies
Current 9,681,195
8,705,569 Loss
3,181 3,181
Total Note 61B.v 9,684,376
8,708,750 10,155,626
8,986,831 Less: Allowance for impairment losses
3,412 3,364
10,152,214 8,983,467