PT BANK MANDIRI PERSERO Tbk. AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
As of December 31, 2016 and for the year then ended Expressed in millions of Rupiah, unless otherwise stated
212
56. SEGMENT INFORMATION continued
Information on geographical segment for the year ended December 31, 2015:
Cayman Indonesia
Asia West Europe
Islands Consolidated Consolidated statement of
profit or loss and other
comprehensive income Interest and sharia income
70,785,127 498,088
48,064 238,848
71,570,127 Interest and sharia expense
26,137,564 59,491
7,602 2,367
26,207,024 Net interest and sharia income
44,647,563 438,597
40,462 236,481
45,363,103 Net premium income
3,137,070 -
- -
3,137,070 Net interest and sharia and premium income
47,784,633 438,597
40,462 236,481
48,500,173 Other operating income:
Other fees and commissions 9,890,713
108,816 -
15,281 10,014,810
Others 8,324,401
27,651 9,464
2,352 8,363,868
Total 18,215,114
136,467 9,464
17,633 18,378,678
Allowance forreversal of impairment losses on financial assets and others
12,017,145 82,013
2,194 54,435
12,042,529 Unrealised gainslosses from fair value
increasedecrease marketable securities, government bonds, and policyholders’ investment
18,621 315
- -
18,306 Gain on sale of marketable securities and
government bonds 272,315
3,229 -
45 275,499
Other operating expenses: Salaries and employee benefit
12,207,391 138,417
21,917 8,930
12,376,655 General, administrative expenses and others
16,220,389 108,800
21,055 27,644
16,377,888 Total
28,427,780 247,217
42,972 36,574
28,754,543 Non operating incomeexpense - net
39,456 3,215
- 12,213
30,458 Tax expense
5,184,006 31,373
1,653 -
5,217,032 Net income
20,663,966 221,220
7,495 259,717
21,152,398 Net income attributable to:
Noncontrolling interest -
- -
- 817,430
Parent Entity -
- -
- 20,334,968
Consolidated statement of financial position
Loans 565,407,232
13,895,797 61,582
7,310,826 586,675,437
Total asset 876,142,485
21,856,619 2,543,040
9,521,265 910,063,409
Demand depositwadiah demand deposits 169,257,095
2,871,186 26,207
- 172,154,488
Saving depositwadiah saving deposits 247,459,462
1,492,177 -
- 248,951,639
Time deposits 199,410,001
1,816,203 -
- 201,226,204
Total deposit from customers 616,126,558
6,179,566 26,207
- 622,332,331
Total liabilities 702,900,723
21,854,051 1,896,441
9,547,490 736,198,705
PT BANK MANDIRI PERSERO Tbk. AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
As of December 31, 2016 and for the year then ended Expressed in millions of Rupiah, unless otherwise stated
213
57. CAPITAL ADEQUACY RATIO
Capital risk management Bank Mandiri’s capital policy is to prudently diversify the source of its capital to anticipate the long-term
strategic plan and to allocate capital efficiently to business segment that has a potential to provide an optimum risk of return, includes investment in subsidiaries in order to fulfil the stakeholders, including
investor’s and regulator’s, expectations.
Bank Mandiri ensures it has sufficient capital to meet credit risk, market risk and operational risk, both in normal and stress conditions as well as becoming the basis for the Bank in implementing VBM Value
Based Management through the measurement RORAC Return on Risk Adjusted Capital and RORWA Return on Risk Weight Assets. With VBM, the Bank can identify business units, segments, products,
regions that provide value to the Bank. Thus the bank can focus on developing business that provides the most value to the Bank.
The Bank refers to Bank Indonesia regulation in calculating the capital adequacy for credit risk, market risk and operational risk. For credit risk, the Bank uses Standardised Approach. Currently the Bank is
developing the calculation methodology of capital adequacy with advanced approach, both regulatory IRBA and Economic Capital approach. Economic capital approach is developed for credit risk and
operational risk. For the market risk, The Bankuses Standardised Model and The Bank has also used Value at Risk for its internal model. For operational risk, the Bank refers to Basel II Basic Indicator
Approach and has simulated the Standardised Approach.
In the implemention of the FSA’s Circular Letter No. 42SEOJK. 032016 dated September 28, 2016 regarding the calculation of credit risk weighted assets using the standard approach, the results of the
calculation of RWA of the Bank showed credit risk RWA for the position of December 31, 2016 amounted to Rp549,646,704. The position of market risk RWA and RWA with the standardized
approach to operational risk Basic Indicator Approach approach shows the number of each of Rp1,800,778 and Rp91,932,008.
The Capital Adequacy Ratio CAR per December 31, 2016 calculated in accordance with FSA Regulation No. 34 POJK.032016 dated September 22, 2016 on Amendments to the FSA Regulation
No. 11POJK.032016 concerning the Minimum Capital Requirement for Commercial Banks, while the CAR per December 31, 2015 calculated in accordance with PBI No. 1512PBI2013 dated December
12, 2013 concerning Minimum Capital Requirement for Commercial Banks. The CAR Bank Mandiri only as of December 31, 2016 and 2015 are as follows:
December 31, December 31, 2016
2015
Capital: Core capital
130,356,495 93,252,808
Supplementary capital 7,075,719
14,135,338 Total Capital for credit risk, operational risk
and market risk charge 137,432,214
107,388,146 Risk-Weighted Assets for credit
549,646,704 497,912,789
Risk-Weighted Assets for operasional 91,932,008
78,627,774 Risk-Weighted Assets for market risk
1,800,778 805,426
Total Risk-Weighted Assets for credit, operational and market risk charge
643,379,490 577,345,989