PT BANK MANDIRI PERSERO TBK. AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
June 30, 2004 and 2003, and April 30, 2003 Expressed in millions of Rupiah, unless otherwise stated
64
13. LOANS continued
B. Significant information related to loans: continued m. Purchase of Loans from IBRA continued
Below are the movements of loan principal, allowance for loan losses and deferred income on loans purchased from IBRA for the six-month period ended June 30, 2004 and for the two-
month period ended June 30, 2003, and the four-month period ended April 30, 2003, which were recorded under loans account:
Six-month Two-month Four-month Period
ended Period ended Period ended
June 30, 2004 June 30, 2003
April 30, 2003
Principal Balance at beginning of period
5,249,139 5,383,514
5,457,322 Purchase from IBRA during the period
- 18,886
47,822 Repayment during the period
171,345 113,209
5,885 Loan write-off during the period
48,870 -
- Adjustment on deferred income
64,826 -
- Foreign currency translation effect
429,351 194,009
115,745
Balance at end of period 5,393,449
5,095,182 5,383,514
Allowance for possible loan losses Balance at beginning of period
186,972 194,394
288,797 Reversal of provision during the period
8,915 2,325
84,847 Foreign currency translation effect
19,802 11,022
9,556
Balance at end of period 197,859
185,697 194,394
Deferred Income Balance at beginning of period
209,574 203,946
164,284 Additions during the period
- 2,560
42,111 Write-off during the period
14,586 -
- Adjustment on deferred income
64,826 -
- Correction
from repayment
185 -
- Foreign currency translation effect
16,644 6,953
2,449
Balance at end of period 146,621
199,553 203,946
PT BANK MANDIRI PERSERO TBK. AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
June 30, 2004 and 2003, and April 30, 2003 Expressed in millions of Rupiah, unless otherwise stated
65
14. ACCEPTANCES RECEIVABLE
a By Currency and Related Parties and Third Parties: continued
June 30, 2004 June 30, 2003
April 30, 2003
Rupiah: Receivables from other banks
Related parties
- -
- Third
parties 5,231
- -
Receivables from debtors Related
parties -
- -
Third parties
183,778 42,789
77,142 Total
Rupiah 189,009
42,789 77,142
Foreign Currency:
Receivables from other banks Related
parties -
- -
Third parties
28,002 12,576
25,518 Receivables from debtors
Related parties
- -
- Third
parties 4,529,744 2,549,942 2,688,977
Total Foreign Currency 4,557,746
2,562,518 2,714,495
Total 4,746,755 2,605,307 2,791,637
Less: Allowance for possible losses 141,305
73,163 103,404
4,605,450 2,532,144
2,688,233
b By Maturity:
June 30, 2004 June 30, 2003
April 30, 2003
Rupiah: Less than 1 month
69,593 7,984
77,142 1 - 3 months
64,364 28,762
- 3 - 6 months
54,927 6,043
- 6 - 12 months
- -
- More than 12 months
125 -
- 189,009
42,789 77,142
Foreign Currency:
Less than 1 month 1,367,545
270,568 695,459
1 - 3 months 1,539,270
1,347,824 854,167
3 - 6 months 1,222,839
617,863 774,564
6 - 12 months 427,325
325,000 390,305
More than 12 months 767
1,263 -
4,557,746 2,562,518
2,714,495 Total
4,746,755 2,605,307
2,791,637 Less: Allowance for possible losses
141,305 73,163
103,404 4,605,450
2,532,144 2,688,233
PT BANK MANDIRI PERSERO TBK. AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
June 30, 2004 and 2003, and April 30, 2003 Expressed in millions of Rupiah, unless otherwise stated
66
14. ACCEPTANCES RECEIVABLE continued
