PT BANK MANDIRI PERSERO Tbk. AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DECEMBER 2009, 2008 AND 2007
Expressed in millions of Rupiah, unless otherwise stated
Appendix 532 5.
PLACEMENTS WITH BANK INDONESIA AND OTHER BANKS continued
b. As at 31 December 2009, 2008 and 2007, there were no placements with related party.
As at 31 December 2007, included in Rupiah time deposit was placement from Bank Sinar Harapan Bali BSHB amounting to Rp80,000, BSHB was not considered as subsidiary of Bank Mandiri in
2007 Note 1g.
c. Average Interest Rate yield per Annum:
2009 2008
2007
Rupiah 6.33
6.55 14.45
Foreign currencies 0.22
1.91 4.37
d. As at 31 December 2009, 2008 and 2007, there were no placements pledged as cash collateral.
e. Movements of allowance for possible losses on placements with other banks
2009 2008
2007
Balance at beginning of year 386,708
59,200 97,981
Allowancereversal during the year Note 37 18,868
323,475 36,337
Others 58,392
4,033 2,444
Balance at end of year 347,184
386,708 59,200
Includes effect of foreign currency translation.
Management believes that the allowance for possible losses on placements with Bank Indonesia and other banks is adequate.
As at 31 December 2009 and 2008, Bank Mandiri has a placement with a financial institution in liquidation amounting to Rp209,153 and Rp242,708, respectively, which was classified as loss. On
the other hand, the financial institution has demand deposit and inter-bank call money in Bank Mandiri amounting to Rp14,050 and Rp16,431 as at 31 December 2009 and 2008, respectively
Note 20a and 21a. Bank Mandiri’s subsidiary also has LC UPAS obligation that already due to this financial institution amounting to USD8,054,248.50 full amount. Bank Mandiri’s placement in
this financial institution as at 31 December 2009 and 2008 has been set off against demand deposit and inter-bank call money of the financial institutions in liquidation in Bank Mandiri and also with
LC UPAS obligation of the Subsidiary only for 2009. The allowance for possible losses is provided are based on the difference between placement balance with the demand deposit and inter-bank
call money in the Bank Mandiri and LC UPAS obligation of the Subsidiary only for 2009.
6. MARKETABLE SECURITIES
a. By Purpose and Related Parties and Third Parties:
2009 2008
2007
Related parties Note 48a: Trading
- -
13,532 Available for sale
- -
14,709 Held to maturity
25,000 -
- 25,000
- 28,241
PT BANK MANDIRI PERSERO Tbk. AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DECEMBER 2009, 2008 AND 2007
Expressed in millions of Rupiah, unless otherwise stated
Appendix 533 6.
MARKETABLE SECURITIES continued
a. By Purpose and Related Parties and Third Parties continued:
2009 2008
2007
Third parties: Trading
13,432,182 20,328,692
23,090,970 Available for sale
327,875 475,092
1,432,288 Held to maturity
4,383,35 7 3,866,576
3,808,527 18,143,414
24,670,360 28,331,785
Total 18,168,414
24,670,360 28,360,026
Less: Unamortised discounts
42,211 41,724
8,833 Unrealised gain on increase in fair value of
marketable securities 80,681
40,257 79,857
Allowance for possible losses 53,492
44,046 1,114,497
18,153,392 24,624,847
27,316,553
b. By Type, Currency and Collectibility:
2009
Cost Unamortised
Unrealised Fair ValueBook Value
Nominal Discounts
Gains Value
Premiums Losses
Current Substandard
Loss Total
Rupiah: Trading
Certificates of Bank Indonesia 11,606,367
- 67,695
11,674,062 -
- 11,674,062
Bonds 1,651,777
- 13,942
1,665,453 -
266 1,665,719
Investments in mutual fund units 153,495
- 5,254
158,749 -
- 158,749
Shares 20,543
- 6,166
14,377 -
- 14,377
13,432,182 -
80,725 13,512,641
- 266
13,512,907 Available for sale
Sharia mutual fund 8,000
- 1,854
9,854 -
- 9,854
Investments in mutual fund units 6,675
- 298
6,377 -
- 6,377
14,675 -
1,556 16,231
- -
16,231 Held to maturity
Sharia Certificates of Bank Indonesia 1,915,000
- -
1,915,000 -
- 1,915,000
Sharia Corporate bonds 970,500
241 -
920,741 50,000
- 970,741
Bonds 571,000
24,979 -
460,264 85,757
- 546,021
Certificates of Bank Indonesia 62,000
248 -
61,752 -
- 61,752
Export bills 54,686
- -
54,686 -
- 54,686
3,573,186 2 4,986
- 3,412,443
135,757 -
3,548,200 Total Rupiah
17,020,043 24,986
82,281 16,941,315
135,757 266
17,077,338 Foreign currencies:
Available for sale Export bills
211,727 -
- 211,727
- -
211,727 Floating rate notes
54,187 -
1,978 52,209
- -
52,209 Bonds
47,286 -
378 47,664
- -
47,664 313,200
- 1,600
311,600 -
- 311,600
Held to maturity Export bills
399,117 -
- 399,117
- -
399,117 Bonds
208,014 344
- 180,179
28,179 -
208,358 Treasury bills
134,090 28
- 134,062
- -
134,062 Floating rate notes
93,950 17,541
- 76,409
- -
76,409 835,171
17,225 -
789,767 28,179
- 817,946
Total foreign currencies 1,148,371
17,225 1,600
1,101,367 28,179
- 1,129,546
Total 18,168,414
42,211 80,681
18,042,682 163,936
266 18,206,884
Less: Allowance for possible losses 28,636
24,590 266
53,492
Net 18,014,046
139,346 -
18,153,392
Held to maturity securities are stated at nominal value. Held to maturity securities are stated at book value.