PT BANK MANDIRI PERSERO TBK. AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Years Ended December 31, 2007 and 2006 Expressed in millions of Rupiah, unless otherwise stated
100
36. PROVISION FOR POSSIBLE LOSSES ON EARNING ASSETS
2007 2006
Provisionreversal of allowance for possible losses on: Current accounts with other banks Note 4e
2,731 4,101
Placements with other banks Note 5f 36,337
51,542 Securities Note 6g
22,773 30,839
Other receivables - trade transactions Note 8d 5,527
215,583 Securities purchased with agreements to resell Note 9b
25,000 8,600
Derivative receivables Note 10 467
874 Loans Note 11B.j
2,247,854 4,158,551
Acceptances receivable Note 12d 96,805
202,701 Investments in shares of stock Note 13c
318 327
2,113,994 3,671,788
37. REVERSAL OF ALLOWANCE FOR POSSIBLE LOSSES - OTHERS
2007 2006
Reversalprovision of allowance for: Possible losses on legal cases Note 28
106,619 154,427
Possible losses on fraud cases 107
51,018 Others assets Note 15
208,072 53,663
Others 1,783
22,837 313,015
128,945
38. GAINSLOSSES FROM INCREASEDECREASE IN VALUE OF SECURITIES AND GOVERNMENT BONDS
2007 2006
Securities 15,129
8,318 Government Bonds
29,190 101,063
14,061 109,381
39. GAINS FROM SALE OF SECURITIES AND GOVERNMENT BONDS
2007 2006
Securities 43,504
94,286 Government Bonds
184,994 43,256
228,498 137,542
PT BANK MANDIRI PERSERO TBK. AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Years Ended December 31, 2007 and 2006 Expressed in millions of Rupiah, unless otherwise stated
101
40. GENERAL AND ADMINISTRATIVE EXPENSES
2007 2006
Depreciation and amortization of premises and equipment Note 14 583,877
608,358 Rent
466,808 452,025
Promotions 419,835
406,826 Communications
364,257 342,519
Professional fees 338,147
281,925 Repairs and maintenance
297,788 312,698
Electricity, water and gas 208,762
191,234 Office supplies
179,641 159,897
Transportations 96,192
82,023 Research and development
6,056 7,114
Others 447,897
406,274 3,409,260
3,250,893
Professional fees included audit services amounting to Rp14,817 and Rp15,775 for the years ended December 31, 2007 and 2006, respectively.
41. SALARIES AND EMPLOYEE BENEFITS
2007 2006
Salaries, wages, pension and tax allowances 2,155,020
1,727,159 Holidays THR, leave and related entitlements
378,625 324,168
Provision for post-employment benefit expenses 300,177
303,691 Training and development
250,494 133,087
Employee benefits in kind 216,950
213,459 Compensation expense on stock options Note 32
87,034 130,670
Provision for tantiem 50,000
- Bonuses and others
643,923 185,268
4,082,223 3,017,502
Total gross salaries, allowances and bonuses of the Boards of Directors and Commissioners, and Executive Officers amounted to Rp84,240 and Rp61,242 for the years ended December 31, 2007 and
2006, respectively, are as follows:
2007 Number of
Members Officers
Salaries Allowances
Bonuses Total
Board of Commissioners 7
5,257 3,605
4,515 13,377
Board of Directors 11
21,343 10,429
- 31,772
Audit Committee 2
755 145
185 1,085
Executive Vice Presidents and Senior Vice Presidents
47 18,668
10,668 8,670
38,006
67 46,023
24,847 13,370
84,240