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
72
16. PREMISES AND EQUIPMENT continued
Movements from May 1, 2003 Beginning
Ending to June 30, 2003
Balance Addition
Deduction Reclassification Revaluation Balance Cost or valuation
Direct ownership
Land 345,517
296 1
- 2,773,437 3,119,249
Buildings 1,069,810
5,864 7,137
2,375 273,500 1,344,412
Furnitures, fixtures, office equipment
and computerssoftware
1,674,374 50,413
22,482 44,650
- 1,746,955 Vehicles
39,367 704
- -
- 40,071
Construction in progress 556,719
183,216 -
47,025 -
692,910 Leased
assets -
37,550 -
- -
37,550 Total costvaluation
3,685,787 278,043
29,620 -
3,046,937 6,981,147
Accumulated Depreciation and Amortization
Direct ownership
Buildings 539,234
16,741 -
- -
555,975 Furnitures, fixtures, office
computersoftware 1,079,557
33,017 15,003 -
- 1,097,571 Vehicles
23,908 563
- -
- 24,471
Leased assets
- 6,258
- -
- 6,258
Total Accumulated Depreciation and
Amortization 1,642,699
56,579 15,003
- -
1,684,275 Net
book value
Direct ownership
Land 3,119,249
Buildings 788,437
Furniture, fixtures, office equipment and computerssoftware 649,384
Vehicles 15,600
4,572,670 Construction in progress
692,910 Leased
assets 31,292
5,296,872
The amount includes increment in value of fixed assets based on revaluation of fixed assets of the merged banks performed by an Independent Appraiser, PT Vigers Hagai Sejahtera, using market prices as of July 30, 1999. The
increment was recorded prospectively on June 18, 2003 Note 16a.
Construction in progress as of June 30, 2003 is comprised of: Product and license - Core Banking System
632,249 Buildings
17,203 Others
43,458 692,910
The construction in progress was approximately 72 completed as of June 30, 2003.
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
73
16. PREMISES AND EQUIPMENT continued
Movements from Jan 1, 2003 Beginning
Ending to April 30, 2003
Balance Addition
Deduction Reclassification Balance Cost or valuation
Direct ownership
Land 345,517
- -
- 345,517 Buildings
1,063,216 5,864
- 730 1,069,810
Furnitures, fixtures, office Equipment and
computerssoftware 1,632,417
48,501 7,351
807 1,674,374 Vehicles
36,656 2,711
- -
39,367 Construction in progress
432,796 125,460
- 1,537
556,719 Total
cost valuation
3,510,602 182,536
7,351 - 3,685,787
Accumulated Depreciation And Amortization Direct
ownership Buildings
523,683 15,551
- - 539,234
Furnitures, fixtures, office Equipment and
Computerssoftware 1,005,966
73,581 10
- 1,079,557 Vehicles
22,171 1,737
- - 23,908
Total Accumulated Depreciation and Amortization
1,551,820 90,869
10 -
1,642,699 Net
book value
Direct ownership
Land 345,517
Buildings 530,576
Furniture, fixtures, office equipment and computerssoftware 594,817
Vehicles 15,459
1,486,369 Construction
in progress
556,719 2,043,088
Construction in progress as of April 30, 2003 is comprised of: Product and license - Core Banking System
488,671 Buildings
13,354 Others
54,694 556,719
The construction in progress was approximately 66 completed as of April 30, 2003.
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
74
16. PREMISES AND EQUIPMENT continued
