Analysis of Revenues and Expenses Component

Laporan Tahunan 2016 | BANKALTIM 2016 annual report | BANKALTIM 158 Penurunan jumlah tersebut dengan jumlah yang cukup besar terjadi pada pendapatan selisih kurs. Jumlah pendapatan selisih kurs per 31 Desember 2016 sebesar Rp. 0,- mengalami penurunan sebesar Rp. 21.932.,- juta atau menurun sebesar 100,00 dari jumlah pendapatan selisih kurs per 31 Desember 2015 sebesar Rp. 21.932,- juta. Bila dibandingkan dengan Rencana Bisnis Bank Tahun 2016, realisasi jumlah pendapatan non-operasional per 31 Desember 2016 sebesar Rp. 1.603,- juta menunjukan adanya deviasi sebesar Rp. 48.766,- juta atau sebesar 96,82 di bawah target dari jumlah yang diproyeksikan sebesar Rp. 50.369,- juta. 2. Beban Rincian beban operasional dan beban non operasional per 31 Desember 2016 dan 2015 adalah sebagai berikut: Daftar Rincian Beban Per 31 Desember 2016 dan 2015 Uraian 2016 Jutaan Rupiah 2015 Jutaan Rupiah Kenaikan Penurunan Rp Rp Beban Bunga dan | Interest Expense and Beban Syariah | Sharia Expenses 643,593 74.20 1,032,307 122.28 388,714 37.65 Beban Cadangan Kerugian Penurunan Nilai Aset | Expenses of Allowance for Impairment Losses Asset 197,475 22.77 573,618 67.95 376,144 65.57 Beban Operasional Lainnya | Other Operating Expenses 867,383 100.00 844,191 100.00 23,192 2.75 Beban Non-Operasional | Non-Operating Expenses 4,965 0.57 232 0.03 4,733 2,043.20 Jumlah Beban | Total Expenses 1,713,416 197.54 2,450,348 290.26 736,931 30.07 The decline in the number with considerable amount occurred in foreign exchange earnings. The amount of revenue in foreign exchange by December 31, 2016 amounted to IDR 0, decreased by IDR 21,932 million or a decrease of 100.00 of the amount of foreign exchange revenue by December 31, 2015 which amounted to IDR 21,932 million. When compared with the Bank’s Business Plan for 2016, the actual number of non-operating income by December 31, 2016 amounted to IDR 1,603 million, showed a deviation of IDR 48,766 million or 96.82 below the target of the projected amount by IDR 50,369 million. 2. Expenses Details of operating expenses and non-operating expenses by December 31, 2016 and 2015 are as follows: Detail List of Non-Operating Income per December 31, 2016 and 2015 Jumlah beban Bank per 31 Desember 2016 sebesar Rp. 1.713.416,- juta lebih rendah sebesar Rp. 736.931,- juta atau menurun sebesar 30,07 dari jumlah beban Bank per 31 Desember 2015 sebesar Rp. 2.450.348,- juta. a. Beban Operasional Beban operasional Bank terdiri dari beban bunga dan beban syariah, beban cadangan kerugian penurunan nilai aset, dan beban operasional lainnya dengan rincian sebagai berikut: Total expenses of the Bank by December 31, 2016 amounted to IDR 1,713,416 million, lower by IDR 736,931 million or decreased by 30.07 of the Bank total expenses by December 31, 2015 by IDR 2,450,348 million. a. Operating Expenses Bank’s operating expenses consist of interest expense and sharia expenses, reserve for impairment losses expenses, and other operating expenses as follows: Laporan Tahunan 2016 | BANKALTIM 159 2016 annual report | BANKALTIM Daftar Rincian Beban Operasional Per 31 Desember 2016 dan 2015 Detail List of Operating Expenses per December 31, 2016 and 2015 Uraian | Description 2016 Jutaan Rupiah| Millions Rupiah 2015 Jutaan Rupiah | Millions Rupiah Kenaikan Penurunan | Increase Decrease Rp Beban Bunga | Interest Expense and dan Beban Syariah | Sharia Expenses : Bunga Bank Indonesia | Bank Indonesia Interest 0.00 149 -149 100.00 Bunga deposito | Deposit Interest 385,642 703,180 -317,538 -45.16 Bunga tabungan | Saving Interest 121,856 135,885 -14,030 -10.32 Jasa giro | Current Account Services 82,273 134,578 -52,306 -38.87 Beban kepada bank lain | Expenses to Other Bank 44,323 52,408 -8,085 -15.43 Bunga pinjaman yang diterima | Loan Interest Received 4,063 2,753 1,310 47.57 Bunga lainnya | Other Interest 3,339 1,688 1,651 97.84 Deposito on call 91 49 42 85.63 Imbalan kerja bendaharawan | Trasurer Beneit 2,008 1,616 392 24.26 Jumlah Beban Bunga Syariah | Amount of Interest Expense and Sharia Expenses 643,593 1,032,307 -388,714 -37.65 Beban Cadangan Kerugian Penurunan Nilai Aset | Expense of Allowance for Impairment Losses 197,475 573,618 -376,144 -65.57 Beban Operasional Lainnya | Other Operating Expense: - Umum dan Administrasi | Administration and General 456,585 453,893 2,692 0.59 - Personalia | Personnel 394,352 371,449 22,903 6.17 - Lainnya | Others 16,447 18,849 -2,402 -12.75 Jumlah | Total 867,383 844,191 23,192 2.75 Jumlah Beban Operasional | Total Operating Expenses 1,708,451 2,450,116 -741,665 -30.27 Jumlah beban bunga dan beban syariah per 31 Desember 2016 sebesar Rp. 643.593,- juta mengalami penurunan sebesar Rp. 388.714,- juta atau menurun sebesar 37,65 dari jumlah beban bunga dan beban syariah per 31 Desember 2015 sebesar Rp. 1.032.307,- juta. Penurunan jumlah beban bunga dan beban syariah dalam jumlah yang cukup besar terjadi pada beban bunga Bank Indonesia dan beban bunga deposito. Jumlah beban bunga Bank Indonesia per 31 Desember 2016 sebesar Rp. 0,- juta atau menurun sebesar 100 dari jumlah beban bunga Bank Indonesia per 31 Desember 2015sebesar Rp. 149,- juta. Jumlah beban bunga deposito per 31 Desember 2016 sebesar Rp. 385.642,- juta atau menurun sebesar 45,16 dari jumlah beban bunga deposito per 31 Desember 2015 sebesar Rp. 703.180,- juta. The amount of interest expense and sharia expenses by December 31, 2016 amounted to IDR 643,593 million decreased by IDR 388,714 million or decreased by 37.65 of the total interest expense and burden of sharia by December 31, 2015 amounted to IDR 1,032,307 million. The decline in interest expense and sharia expense in considerable amount occurred on interest expense of Bank Indonesia and interest expense of deposits. The interest expenses of Bank Indonesia as of December 31, 2016 amounted to IDR. 0, - million or a decrease of 100 of the total interest expense of Bank Indonesia as of December 31, 2015 amounted to IDR. 149 million. The amount of interest expense on deposits at December 31, 2016 amounted to IDR 385,642 million or decreased by 45.16 of the total interest expense of deposits as of December 31, 2015 amounted to IDR 703,180 million. Laporan Tahunan 2016 | BANKALTIM 2016 annual report | BANKALTIM 160 Bila dibandingkan dengan Rencana Bisnis Bank Tahun 2016, realisasi jumlah beban bunga dan beban syariah per 31 Desember 2016 sebesar Rp. 643.593,- juta menunjukan adanya deviasi sebesar Rp. 406.956,- juta atau sebesar 38,74 lebih rendah dari jumlah yang diproyeksikan sebesar Rp. 1.050.550,- juta. Beban cadangan kerugian penurunan nilai dengan realisasi per 31 Desember 2016 sebesar Rp. 197.475,- juta mengalami penurunan yang cukup besar sebesar Rp. 376.144,- juta atau menurun sebesar 65,57 dari jumlah beban cadangan kerugian penurunan aset per 31 Desember 2015 sebesar Rp. 573.618,- juta. Bila dibandingkan dengan Rencana Bisnis Bank Tahun 2016, realisasi jumlah beban cadangan kerugian penurunan nilai aset per 31 Desember 2016 sebesar Rp. 197.475,- juta menunjukan adanya deviasi sebesar Rp. 314.680,- juta atau sebesar 268,49 di bawah target dari jumlah yang diproyeksikan sebesar negative Rp. 117.205,- juta. Beban operasional lainnya yang mengalami kenaikan, dengan jumlah realisasi per 31 Desember 2016 sebesar Rp. 867.383,- juta mengalami kenaikan sebesar Rp. 23.192,- juta atau naik sebesar 2,75 dari jumlah beban operasional per 31 Desember 2015 sebesar Rp. 844.191,- juta, dan dibandingkan dengan Rencana Bisnis Bank Tahun 2016 mengalami deviasi lebih rendah sebesar Rp. 880.995,- juta atau sebesar 50,39 di bawah target. b. Beban Non-Operasional Beban non-operasional terdiri dari denda-denda dari Bank Indonesia dan pihak ketiga, dan beban non- operasional lainnya. Jumlah beban non-operasional per 31 Desember 2016 sebesar Rp. 4.965,- juta lebih tinggi sebesar Rp. 4.733,- juta atau meningkat sebesar 2.043,20 dari jumlah beban non-operasional per 31 Desember 2015 sebesar Rp. 232,- juta. When compared with the Bank Business Plan year 2016, the actual amount of interest expense and sharia expenses by December 31, 2016 amounted to IDR. 643,593 million, showed a deviation by IDR 406,956 million or 38.74 lower from the amount projected which amounted to IDR 1,050,550 million. Expense of allowance for impairment losses with the realization by December 31, 2016 amounted to IDR 197,475 million, experienced a considerable decline by IDR 376,144 million or decreased by 65.57 of the total expense of allowance for impairment losses of assets by December 31, 2015 by IDR 573,618 million. When compared with the Bank Business Plan year 2016, the actual total expenses of allowance for impairment losses of assets by December 31, 2016 amounted to IDR 197,475 million, shows deviation by IDR 314,680 million or 268.49 below the target than the amount that has projected at negative IDR 117,205 million. Other operating expenses were increased, with the number of realization by December 31, 2016 amounted to IDR 867,383 million, increased by IDR 23,192 million or increased by 2.75 of total operating expenses by December 31, 2015 which amounted to IDR 844,191 million, and when compared with the Bank Business Plan year 2016 is experienced lower deviation by IDR 880,995 million or 50.39 below target. b. Non-Operating Expenses Non-operating expenses consist of penalties from Bank Indonesia and third parties, and other non-operating expenses. The amount of non-operating expenses per December 31, 2016 amounted to IDR 4,965 million, higher by IDR 4,733 million or an increase of 2043.20 of total non- operating expenses per December 31, 2015 amounted to IDR 232 million. Laporan Tahunan 2016 | BANKALTIM 161 2016 annual report | BANKALTIM Bila dibandingkan dengan Rencana Bisnis Bank Tahun 2016, realisasi jumlah beban non-operasional per 31 Desember 2016 sebesar Rp. 4.965,- juta menunjukan adanya deviasi sebesar Rp. 4.965,- juta atau sebesar 100,00 lebih tinggi dari jumlah yang diproyeksikan sebesar Rp. 0,-. Likuiditas dan Pengelolaan Dana

a. Kondisi Likuiditas

Kredit yang diberikan per 31 Desember 2016 sebesar Rp. 14.815.675,- juta bila dibandingkan dengan dana dari pihak ketiga berupa simpanan dari nasabah dalam bentuk giro, tabungan dan deposito berjangka sebesar Rp.14.621.009,- juta menunjukan Loan to Fund Ratio LFR sebesar 101,33 lebih rendah sebesar 2,41 dibandingkan dengan kondisi per 31 Desember 2015 sebesar 103,74. Bila dibandingkan dengan Rencana Bisnis Bank Tahun 2016, realisasi Loan to Fund Ratio LFR per 31 Desember 2016 sebesar 101,33 lebih tinggi sebesar 11,32 dibandingkan dengan Rencana Bisnis Bank Tahun 2016 sebesar 90,01.

b. Pengelolaan Likuiditas

Bank senantiasa memelihara Likuiditas dalam jumlah yang mencukupi untuk memenuhi kewajiban jangka pendek dengan menempatkan dananya dalam bentuk giro pada Bank Indonesia atau bank lain. Pengelolaan likuiditas selalu dilakukan melalui monitoring Giro Wajib Minimum GWM dan kebutuhan penarikan dana nasabah untuk menjaga kelancaran operasional Bank.

c. Komposisi Dana

Dana Bank per 31 Desember 2016 yang bersumber dari simpanan dari nasabah sebesar Rp.14.621.009,- juta, simpanan dari bank lain sebesar Rp. 2.133.690,- juta, pinjaman yang diterima sebesar Rp. 90.813,- juta, modal inti Bank sebesar Rp. 4.058.743,- juta dan modal pelengkap sebesar Rp. 128.565,- juta. When compared with the Bank Business Plan year 2016, the actual number of non- operating expenses per December 31, 2016 amounted to IDR 4,965 million, showed a deviation of IDR 4,965 million or 100.00 higher than the projected amount of IDR 0. Liquidity and Funds Management a. Liquidity conditions Loans as of December 31, 2016 amounted to IDR 14,815,675 million when compared with the third-party funds in the form of deposits from customers, in the form of demand deposits, savings and time deposits by IDR 14,621,009 million, showed Loan to Fund Ratio LFR amounted to 101.33, lower by 2.41 when compared to the condition by December 31, 2015 which amounted to 103.74. When compared with Bank Business Plan year 2016, the realization of the Loan to Fund Ratio LFR per December 31, 2016 amounted to 101.33, higher by 11.32 when compared with the Bank Business Plan year 2016 which amounted to 90.01. b. Liquidity management Bank always maintains its liquidity in amounts that suicient to meet short- term liabilities by placing funds in demand deposits at Bank Indonesia or other banks. Liquidity management is always done through monitoring of Statutory Reserves GWM and the need for withdrawal of customer funds to maintain the smoothness of operations of the Bank. c. Funds Composition Bank’s funds by December 31, 2016 which are sourced from customers deposits amounted to IDR 14,621,009 million, other banks deposits amounting to IDR 2,133,690 million, loans received by IDR 90,813 million, Bank’s core capital by IDR 4,058,743 million and supplementary capital by IDR 128,565 million. Laporan Tahunan 2016 | BANKALTIM 2016 annual report | BANKALTIM 162 Sedangkan per 31 Desember 2015 yang bersumber dari simpanan dari nasabah sebesar Rp. 15.741.713,- juta, simpanan dari bank lain sebesar Rp. 1.416.218,- juta, pinjaman yang diterima sebesar Rp. 48.039,-juta, modal inti Bank sebesar Rp. 3.267.085,- juta dan modal pelengkap sebesar Rp. 202.879,- juta. Peringkat Kesehatan Bank Perkembangan peringkat kesehatan Bank per 31 Desember 2016 dan 2015 adalah sebagai berikut: Peringkat Kesehatan Bank Per 31 Desember 2016 dan 2015 Bank’s Health Ranking per December 31, 2016 and 2015 Faktor | Factor Peringkat | Rank 2016 2015 Proil Risiko | Risk Proile 3 3 Good Corporate Governance 3 3 Rentabilitas | Rentability 3 3 Permodalan | Capitalization 2 3 Nilai Peringkat Komposit | Value Composite Rating 3 3 Peringkat kesehatan Bank per 31 Desember 2016 dibanding posisi 31 Desember 2015 tidak mengalami perubahan pada peringkat “3” yang mencerminkan kondisi Bank yang secara umum cukup sehat, sehingga dinilai cukup mampu menghadapi pengaruh negatif yang signiikan dari perubahan kondisi bisnis dan faktor eksternal lainnya yang tercermin dari peringkat faktor penilaian yang meliputi antara lain: Proil Risiko, Penerapan Good Corporate Governance, Rentabilitas dan Permodalan yang secara umum baik dan apabila terdapat kelemahan maka secara umum kelemahan tersebut cukup signiikan. Meanwhile by December 31, 2015, sourced from customers deposits amounted to IDR 15,741,713 million, other banks deposits amounted to IDR 1,416,218 million, loans received by IDR 48,039 million, Bank’s core capital by IDR 3,267,085 million and supplementary capital by IDR 202,879 million. Bank Health Ranking The development of Bank health rankings as of December 31, 2016 and 2015 is as follows: Bank health rankings by December 31, 2016 compared to the position of December 31, 2015 experience no change in the rating of “3” which relects that the condition of Bank was generally healthy, so it was considered quite able to deal with a signiicant negative efect of changes in business conditions and other external factors, which are relected in the ratings of assessment factors include: Risk Proile, Implementation of Good Corporate Governance, Proitability and Equity which is generally good and if there is a weaknesses so in general it is quite a signiicant weaknesses. Tinjauan Bisnis Business Highlights 165 165 168 170 171 172 187 195 211 Kredit Credit Kredit Korporasi Sindikasi Corporate Syndicated Credit Kredit UMKM Konsumer MSME Consumer Credit Pengendalian dan Penyelamatan Kredit Credit Control and Rescue Suku Bunga Dasar Kredit SBDK Prime Lending Rate SBDK Treasury International Treasury International Funding Funding Perusahaan Company Pengembangan Bisnis Business development Laporan Tahunan 2016 | BANKALTIM 165 2016 annual report | BANKALTIM Kredit Kontraksi ekonomi di Kalimantan Timur memberikan efek langsung bagi kinerja penyaluran kredit BPD Kaltim. Direktorat Kredit BPD Kaltim bergerak pada sektor-sektor produktif maupun konsumtif melalui tiga unit kerja yang saling berintegrasi, yaitu Divisi Kredit Korporasi Sindikasi, Divisi Kredit UMKM Konsumer dan Divisi Pengendalian Penyelamatan Kredit telah secara optimal melakukan usaha peningkatan fungsi intermediasi BPD Kaltim. Meskipun demikian, kondisi ekonomi yang tidak mendukung tidak dapat dielakkan memberikan catatan yang kurang baik pada penyaluran kredit BPD Kaltim di tahun 2016. Kredit Korporasi Sindikasi Kredit Korporasi Sindikasi yang dikelola oleh Divisi Kredit Korporasi Sindikasi memiliki tugas dalam mendukung Direksi menetapkan kebijakan-kebijakan perkreditan terutama di sektor korporasi dan sindikasi. Unit kerja ini merupakan pengembangan berdasarkan Surat Keputusan Direksi Nomor: 061SKBPD- PSTIII2014 tanggal 21 Maret 2014 tentang Struktur Organisasi Bank Pembangunan Daerah Kalimantan Timur. Berdasarkan kondisi di akhir tahun 2016, terjadi penurunan pada beberapa sektor ekonomi seperti konstruksi, pertanian, perburuan dan kehutanan, lalu transportasi, pergudangan dan komunikasi serta industri pengolahan. Meskipun demikian, terjadi pula kenaikan khususnya di sektor Jasa Perorangan yang melayani rumah tangga, Perikanan, Pertambangan dan Penggalian serta Konsumtif dengan nilai outstanding masing- masing sebesar 82,95, 35,49, 26,62 dan 7,71. Credit The economic contraction in East Kalimantan have a direct impact to the performance of the credit portfolio of BPD Kaltim. Credit Directorate of BPD Kaltim engaged in productive as well as consumptive sectors through three work units that integrate with each other, namely Corporate Syndicated Credit Division, MSME Credit Consumer Division and Credit Control Rescue Division has been optimally conducted business in increasing intermediation function of BPD Kaltim. Nonetheless, economic conditions which cannot support is unavoidable to give poor record on lending BPD Kaltim in 2016. Corporate Syndicated Credit Corporate Syndicated Credit managed by the Division of Corporate Syndication Credit has a duty to support the Board of Directors establishes policies, especially in the corporate and syndicated sector. This unit is a development based on the Directors’ Decree No. 061SKBPD - PSTIII2014 dated March 21, 2014 on the Organizational Structure of East Kalimantan Regional Development Bank. Based on conditions at the end of 2016, there was a decline in some economic sectors such as construction, agriculture, hunting and forestry, and transportation, warehousing, and communications, as well as the processing industry. Nevertheless, there is also the increase, especially in the Personal Services sector that serves Household, Fisheries, Mining and Quarrying and Consumer with outstanding value respectively amounted to 82.95, 35.49, 26.62 and 7.71.