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 5148 62. RECLASSIFICATION OF ACCOUNTS continued
Payment of premium expense to Indonesia Deposit Insurance Corporation Lembaga Penjaminan Simpanan in the 31 December 2007 consolidated financial statements have been reclassified to be
consistent with the presentation in the 31 December 2009 consolidated financial statements as follows:
As Previously As Currently
Accounts Description Reported
Reclassification Reported
Other operating expenses - others - net 759,719
430,478 329,241
Interest expense 11,000,194
430,478 11,430,672
Cash flows from operating activities: - Payments of interest expense
11,047,366 430,478
11,477,844 - Operating expenses – others
446,707 430,478
16,229
63. SUBSEQUENT EVENTS
In relation to the implementation of SFAS 50 revised 2006 and SFAS 55 revised 2006 effective on 1 January 2010, Banks have the opportunity to reasses and reclassify their financial assets classification
without consequences. As at 1 January 2010, the Bank decided to reclassify its Government Bonds amounting Rp38,000,000 from held to maturity to available for sale classification. The Government Bonds
was reclassified using fair value as at 1 January 2010 and the unrealised loss amounting Rp404,255 was recorded as part of Unrealised LossesGains from DecreaseIncrease in Fair Value of Marketable
Securities and Government Bonds net of deferred tax in equity.
On 28 Januari 2010, Bank Mandiri has drawdown its long term loan facilities from Asian Development Bank ADB amounting to USD75,000,000 full amount and USD30,000,000 full amount fund with terms
of 7 years and 5 years, respectively. These borrowings will mature on 31 October 2016 and 31 October 2014, respectively. These fund borrowings bear interest rate of 6-months LIBOR plus a certain margin
Note 57e.
64. SUPPLEMENTARY INFORMATION
The information presented in Appendix 61 - 610 is supplementary financial information of PT Bank Mandiri Persero Tbk., the parent company, which presents the Bank’s investments in subsidiaries under
the equity method.
Appendix 611 - 613 present information of the quality of productive assets in accordance with the regulations of Bank Indonesia No. 322PBI2001 on Transparency of Banks Financial Condition as
amended by regulations of Bank Indonesia No. 750PBI2005 and Bank Indonesia Circular Letter No. 330PPNP of Quarterly Report and Monthly Publication of Commercial Banks and Certain Reports
submitted to Bank Indonesia, as amended by Bank Indonesia Circular Letter No. 710DPNP, and the regulations of Bank Indonesia No. 47PBI2002 of Prudence Principle in the framework of the Lending
Bank Restructuring Agency IBRA.
On the basis that the differences between the parent company financial statements and consolidated financial statements are not material, notes to the financial statements of the parent company have not
been included in this supplementary financial information.
Appendix 61 PT BANK MANDIRI PERSERO Tbk.
BALANCE SHEETS - PARENT COMPANY ONLY 31 DECEMBER 2009, 2008 AND 2007
Expressed in millions of Rupiah, unless otherwise stated
2009 2008
2007 ASSETS
Cash 8,397,724
8,063,502 5,707,807
Current Accounts with Bank Indonesia 15,070,892
12,526,144 27,449,153
Current Accounts with Other Banks - net of allowance for possible losses of
Rp84,178, Rp84,588 and Rp14,383 as at 31 December 2009, 2008 and 2007
6,710,448 6,814,854
1,341,924 Placements with Bank Indonesia and Other
Banks - net of allowance for possible losses of Rp344,907, Rp386,366 and Rp55,903
as at 31 December 2009, 2008 and 2007 40,326,918
29,166,762 16,207,791
Marketable Securities Related parties
25,000 -
- Third parties
14,561,822 21,243,380
26,225,476 14,586,822
21,243,380 26,225,476
Less: Unamortised discounts, unrealised
gainslosses from increasedecrease in value of marketable securities
and allowance for possible losses 2,022
10,497 1,027,628
14,588,844 21,253,877
25,197,848 Government Bonds
87,985,192 87,771,938
89,329,712 Other Receivables - Trade Transactions -
net of allowance for possible losses of Rp844,781, Rp1,158,049 and Rp839,732
as at 31 December 2009, 2008 and 2007 3,127,594
3,493,784 2,011,516
Securities Purchased under Resale Agreements - net of allowance for possible losses of
Rp30,488, Rp32,531 and Rp33,600 as at 31 December 2009, 200 8 and 2007
4,784,254 95,934
2,145,230 Derivative Receivables - net of allowance for
possible losses of Rp1,765, Rp6,313 and Rp3,800 as at 31 December 2009, 2008 and 2007
169,298 327,230
336,651 Loans
Related parties 591,201
577,895 651,079
Third parties 179,096,644
158,430,490 126,198,838
Total loans 179,687,845
159,008,385 126,849,917
Less: Deferred income -
1,334 23,472
Total loans after deferred Income 179,687,845
159,007,051 126,826,445
Less: Allowance for possible losses 11,594,955
11,271,655 12,694,900
Loans - net 168,092,890
147,735,396 114,131,545
Acceptance Receivable - net of allowance for possible losses of Rp52,773, Rp246,008 and Rp69,754
as at 31 December 2009, 2008 and 2007 4,304,000
3,596,359 4,953,481
Investments in Shares - net of allowance for possible losses of Rp2,106, Rp1,656
and Rp73,943 as at 31 December 2009, 2008 and 2007 3,691,466
2,965,034 2,533,683
