RELATED PARTY TRANSACTIONS continued RELATED PARTY TRANSACTIONS continued
55. RELATED PARTY TRANSACTIONS continued
Nature of transactions with government related entities are current accounts with other bank, placements with other banks, marketable securities, government bonds, other receivables - trade transaction, derivative receivables, loans, consumer financing receivables, acceptance receivables, derivative payables, deposit from customers, deposits from other bank, interbank call money, acceptance payables, liabilities on securities sold under repurchase agreements, marketable securities issued, fund borrowing, subordinated loan, unused loan facility, bank guarantees, irrevocable letters of credit and standby letters of credit. • Transaction of related parties with government related entities In the ordinary course of its business, the Group also purchases or pays for services, such as telecommunication expense, utility expense and other expenses to government related entities. • Transactions with management and key personnel of Bank Mandiri Total gross salaries and allowances, bonus and tantiem, long-term employment benefits of the Boards of Commissioners, Directors, Audit Committee and Risk Monitoring, Sharia Supervisory Board and Executive Vice President and Senior Vice President Note 48 for the years ended December 31, 2016 and 2015 as amount Rp986,140 and Rp857,365 or 3.15 and 2.98 of total consolidated operating expenses - others, respectively. 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 20655. RELATED PARTY TRANSACTIONS continued
Details of significant transactions with related parties as of December 31, 2016 and 2015, are as follows: December 31, December 31, 2016 2015 Assets Current accounts with other banks Note 5a 25,861 24,515 Placements with Bank Indonesia and other banks Note 6b 1,725,571 1,991,278 Marketable securities Note 7a 18,571,548 16,516,404 Government bonds Note 8 98,933,278 103,869,361 Other receivables - trade transactions Note 9a 5,934,300 7,051,775 Derivative receivables Note 11 3,660 32,152 Loans Note 12A.a and 12B.g 100,201,483 75,405,807 Consumer financing receivables Note 13a 10,532 5,886 Acceptance receivables Note 15a 415,848 409,880 Shares of stock Note 16a 50,331 50,331 Total assets with related parties 225,872,412 205,357,389 Total consolidated assets 1,038,706,009 910,063,409 Percentage of total assets with related parties to total consolidated assets 21.7522.56 Liabilities
Deposits from customers Demand depositswadiah demand deposit Note 21a 48,729,926 38,252,185 Saving depositswadiah saving deposit Note 22a 1,973,087 1,342,075 Time deposits Note 23a 46,271,999 37,257,210 Deposits from other banks Demand and saving deposits Note 24a 45,912 70,176 Time deposits Note 26a 286,210 - Inter-bank call money Note 25a 40,000 600,000 Derivative payables Note 11 10,058 3,095 Securities sold under repurchase agreements to repurchase Note 28 230,024 467,123 Acceptance payables Note 29a 2,481,708 606,737 Marketable securities issued Note 30 3,662,000 587,750 Fund borrowings Note 36 - 25,178 Subordinated loans Note 37 - 1,687,800 Total liabilities with related parties 103,730,924 80,899,329 Total consolidated liabilities 824,559,898 736,198,705 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 20755. RELATED PARTY TRANSACTIONS continued
Parts
» Bank Mandiri Eng 31 Des 2016 Released Password Removed
» Merger GENERAL INFORMATION a. Establishment
» Recapitalisation GENERAL INFORMATION continued b. Merger continued
» Divestment of Government Share Ownership
» GENERAL INFORMATION continued g. Subsidiaries
» GENERAL INFORMATION continued g. Subsidiaries continued
» Structure and Management GENERAL INFORMATION continued g. Subsidiaries continued
» GENERAL INFORMATION continued h. Structure and Management continued
» Basis of Preparation of the Consolidated Financial Statements
» Financial instruments A. Financial assets
» SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued c. Financial instruments continued
» Transactions with related parties
» Current accounts with Bank Indonesia and other banks
» Placements with Bank Indonesia and other banks
» SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued
» Securities purchasedsold under resalerepurchase agreements
» Derivative receivables and derivative payables
» Loans and sharia receivablesfinancing
» Consumer financing receivables SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued l.
» Fixed Assets, leased assets and intangible assets i. Fixed assets and software
» Fixed assets and software continued
» Allowance for possible losses on non-earning assets
» Acceptance receivables and payables
» Deposits from customers SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued v. Other assets
» Deposits from other banks Insurance contract
» SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued z. Insurance contract continued
» SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued ad. Income tax continued
» SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued ae. Temporary syirkah funds continued
» SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued ai. Employee benefits continued
» Determining fair values of financial instruments
» Impairment of non-financial assets
» CURRENT ACCOUNTS WITH BANK INDONESIA December 31, December 31,
» CURRENT ACCOUNTS WITH BANK INDONESIA continued December 31, December 31,
» CURRENT ACCOUNTS WITH OTHER BANKS
» CURRENT ACCOUNTS WITH OTHER BANKS continued
» PLACEMENTS WITH BANK INDONESIA AND OTHER BANKS continued
» PLACEMENTS WITH BANK INDONESIA AND OTHER BANKS continued MARKETABLE SECURITIES
» MARKETABLE SECURITIES continued MARKETABLE SECURITIES continued
» MARKETABLE SECURITIES continued Bank Mandiri Eng 31 Des 2016 Released Password Removed
» MARKETABLE SECURITIES continued GOVERNMENT BONDS GOVERNMENT BONDS continued
» GOVERNMENT BONDS continued Bank Mandiri Eng 31 Des 2016 Released Password Removed
» OTHER RECEIVABLES - TRADE TRANSACTIONS
» OTHER RECEIVABLES - TRADE TRANSACTIONS continued
» SECURITIES PURCHASED UNDER RESALE AGREEMENTS
» SECURITIES PURCHASED UNDER RESALE AGREEMENTS continued
» DERIVATIVE RECEIVABLES AND PAYABLES
» DERIVATIVE RECEIVABLES AND PAYABLES continued
» 2 By type and Bank Indonesia’s collectibility:
» 2 By type and Bank Indonesia’s collectability continued:
» LOANS AND SHARIA RECEIVABLESFINANCING continued
» LOANS AND SHARIA RECEIVABLESFINANCINGcontinued
» LOANS AND SHARIA RECEIVABLESFINANCING continued LOANS AND SHARIA RECEIVABLESFINANCING continued
» CONSUMER FINANCING RECEIVABLES continued
» NET INVESTMENT FINANCE LEASES
» NET INVESTMENT IN FINANCE LEASE continued ACCEPTANCES RECEIVABLE
» ACCEPTANCES RECEIVABLE continued Bank Mandiri Eng 31 Des 2016 Released Password Removed
» ACCEPTANCES RECEIVABLE continued INVESTMENT IN SHARES
» INVESTMENT IN SHARES continued
» FIXED ASSETS Bank Mandiri Eng 31 Des 2016 Released Password Removed
» FIXED ASSETS continued Bank Mandiri Eng 31 Des 2016 Released Password Removed
» FIXED ASSETS continued Others
» FIXED ASSETS continued Others continued
» INTANGIBLE ASSETS December 31, December 31, OTHER ASSETS December 31, December 31,
» OTHER ASSETS continued DEPOSITS FROM CUSTOMERS - DEMANDWADIAH DEMAND DEPOSITS
» DEPOSITS FROM CUSTOMERS - SAVINGWADIAH SAVING DEPOSITS continued
» DEPOSITS FROM CUSTOMERS - TIME DEPOSITS continued
» DEPOSITS FROM OTHER BANKS - DEMANDWADIAH DEMAND AND SAVING DEPOSITS
» DEPOSITS FROM OTHER BANKS -DEMANDWADIAH DEMAND AND SAVING DEPOSITS continued
» DEPOSITS FROM OTHER BANKS - INTER-BANK CALL MONEY
» DEPOSITS FROM OTHER BANKS - TIME DEPOSITS
» LIABILITY TO UNIT-LINK HOLDERS
» LIABILITY TO UNIT-LINK HOLDERS continued
» LIABILITY TO UNIT-LINK HOLDERScontinued
» SECURITIES SOLD UNDER REPURCHASE AGREEMENTS
» ACCEPTANCES PAYABLE Bank Mandiri Eng 31 Des 2016 Released Password Removed
» MARKETABLE SECURITIES ISSUED Bank Mandiri Eng 31 Des 2016 Released Password Removed
» MARKETABLE SECURITIES ISSUED continued Bonds continued
» MARKETABLE SECURITIES ISSUED continued Subordinated notes sharia mudharabah
» MARKETABLE SECURITIES ISSUED continued Subordinated notes sharia mudharabah continued
» ESTIMATED LOSSES ON COMMITMENTS AND CONTINGENCIES
» Prepaid taxes December 31, December 31,
» Taxes payable December 31, December 31,
» TAXATION b. Taxes payable continued
» TAXATION continued d. Tax expense - current
» TAXATION continued d. Tax expense - current continued
» Tax on fixed assets revaluation
» Tax assessment letters Fiscal year 2013
» Tax collection letter Fiscal year 2014
» EMPLOYEE BENEFIT LIABILITIES December 31, December 31,
» OTHER LIABILITIES continued Bank Mandiri Eng 31 Des 2016 Released Password Removed
» FUND BORROWINGS continued December 31, December 31,
» FUND BORROWINGS continued FUND BORROWINGS continued
» FUND BORROWINGS continued Bank Mandiri Eng 31 Des 2016 Released Password Removed
» SUBORDINATED LOANS Bank Mandiri Eng 31 Des 2016 Released Password Removed
» SUBORDINATED LOANS continued Bank Mandiri Eng 31 Des 2016 Released Password Removed
» TEMPORARY SYIRKAH FUNDS Bank Mandiri Eng 31 Des 2016 Released Password Removed
» TEMPORARY SYIRKAH FUNDS continued
» Authorised, Issued and Fully Paid Capital
» SHARE CAPITAL continued a. Authorised, Issued and Fully Paid Capital continued
» SHARE CAPITAL continued a. Authorised, Issued and Fully Paid-in Capital continued
» Additional Paid-In CapitalShare Premium
» SHARE CAPITAL continued c. Distribution of net income continued
» INTEREST EXPENSE AND SHARIA EXPENSE OTHER OPERATING INCOME - OTHERS Year ended December 31,
» ALLOWANCE AND REVERSAL FOR IMPAIRMENT LOSSES Year ended December 31,
» UNREALISED GAINSLOSSES Bank Mandiri Eng 31 Des 2016 Released Password Removed
» GAIN ON SALE OF MARKETABLE SECURITIES AND GOVERNMENT BONDS Year ended December 31,
» SALARIES AND EMPLOYEE BENEFITS Year ended December 31,
» SALARIES AND EMPLOYEE BENEFITS continued
» GENERAL AND ADMINISTRATIVE EXPENSES Year ended December 31, EMPLOYEE BENEFITS
» EMPLOYEE BENEFITScontinued Pension Plan
» EMPLOYEE BENEFITS continued Pension Plan continued
» EMPLOYEE BENEFITS continued Pension Plan
» EMPLOYEE BENEFITScontinued Bank Mandiri Eng 31 Des 2016 Released Password Removed
» EMPLOYEE BENEFITS continued EMPLOYEE BENEFITS continued
» EMPLOYEE BENEFITS continued Labor Law No. 132003 continued
» NON-OPERATING EXPENSEINCOME - NET Year ended December 31,
» COMMITMENTS AND CONTINGENCIES continued
» FOREIGN CURRENCY TRANSACTIONS Bank Mandiri Eng 31 Des 2016 Released Password Removed
» RELATED PARTY TRANSACTIONS Bank Mandiri Eng 31 Des 2016 Released Password Removed
» RELATED PARTY TRANSACTIONS continued
» RELATED PARTY TRANSACTIONS continued RELATED PARTY TRANSACTIONS continued
» Liabilities RELATED PARTY TRANSACTIONS continued
» Temporary Syirkah Funds Note 38
» SEGMENT INFORMATION Bank Mandiri Eng 31 Des 2016 Released Password Removed
» SEGMENT INFORMATION continued Bank Mandiri Eng 31 Des 2016 Released Password Removed
» CAPITAL ADEQUACY RATIO Bank Mandiri Eng 31 Des 2016 Released Password Removed
» CAPITAL ADEQUACY RATIO continued
» CUSTODIAL SERVICES AND TRUST OPERATIONS
» CUSTODIAL SERVICES AND TRUST OPERATIONS continued
» CHANNELING LOANS Bank Mandiri Eng 31 Des 2016 Released Password Removed
» RISK MANAGEMENT Bank Mandiri Eng 31 Des 2016 Released Password Removed
» RISK MANAGEMENT continued Bank Mandiri Eng 31 Des 2016 Released Password Removed
» RISK MANAGEMENT continued RISK MANAGEMENT continued
» Integrated banking system agreement with vendor
» Legal matters Trade Financing with Asian Development Bank ADB
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