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
114
49. SEGMENT INFORMATION continued
Primary Segment Information for the year ended December 31, 2007
‘Syariah’ Banking
Banking Securities
Others Elimination
Consolidated Operating income
25,447,880 1,407,193
426,058 22,061
- 27,303,192
Inter-segment operating income 310,755
- 9,953
- 320,708
- Operating income including
inter-segment operating income 25,758,635
1,407,193 436,011
22,061 320,708
27,303,192 Operating expenses
19,499,195 1,239,725
271,858 79,497
- 21,090,275
Inter-segment operating expenses 21,428
- -
- 21,428
- Operating expenses including
inter-segment operating expenses 19,520,623
1,239,725 271,858
79,497 21,428
21,090,275 Income from operations
6,238,012 167,468
164,153 57,436
299,280 6,212,917
Net income 4,389,064
115,455 108,391
34,339 301,025
4,346,224 Total assets
306,090,346 12,885,378
2,721,589 345,967
2,957,690 319,085,590
Total assets as a percentage of total consolidated assets
prior to elimination 95.05
4.00 0.85
0.11
Secondary Segment Information for the year ended December 31, 2007
Pacific Indonesia
Asia West Europe
Cayman Elimination
Consolidated Operating income
26,587,334 298,933
206,341 210,584
- 27,303,192
Inter-segment operating income 320,708
- -
- 320,708
- Operating income including
inter-segment operating income 26,908,042
298,933 206,341
210,584 320,708
27,303,192 Operating expenses
20,349,520 184,005
144,040 412,710
- 21,090,275
Inter-segment operating expenses 21,428
- -
- 21,428
- Operating expenses including
inter-segment operating expenses 20,370,948
184,005 144,040
412,710 21,428
21,090,275 Income from operations
6,537,094 114,928
62,301 202,126
299,280 6,212,917
Net income 4,299,212
102,884 44,107
201,046 301,025
4,346,224 Total assets
306,354,573 3,658,886
2,654,475 9,375,346
2,957,690 319,085,590
Total assets as a percentage of total consolidated assets
prior to elimination 95.13
1.14 0.82
2.91
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
115
49. SEGMENT INFORMATION continued
Primary Segment Information for the year ended December 31, 2006
‘Syariah’ Banking
Banking Securities
Others Elimination
Consolidated Operating income
27,679,726 1,079,546
219,439 15,417
- 28,994,128
Inter-segment operating income 201,370
- -
- 201,370
- Operating income including
inter-segment operating income 27,881,096
1,079,546 219,439
15,417 201,370
28,994,128 Operating expenses
25,052,651 978,714
158,118 93,535
- 26,283,018
Inter-segment operating expenses 33,028
- -
- 33,028
- Operating expenses including
inter-segment operating expenses 25,085,679
978,714 158,118
93,535 33,028
26,283,018 Income from operations
2,795,417 100,832
61,321 78,118
168,342 2,711,110
Net income 2,479,433
65,480 42,635
20,945 187,088
2,421,405 Total assets
258,211,155 9,554,967
2,320,022 314,660
2,883,612 267,517,192
Total assets as a percentage of total consolidated assets
prior to elimination 95.49
3.53 0.86
0.12
Secondary Segment Information for the year ended December 31, 2006
Pacific Indonesia
Asia West Europe
Cayman Elimination
Consolidated Operating income
28,285,022 336,121
159,571 213,414
- 28,994,128
Inter-segment operating income 194,715
- 6,655
- 201,370
- Operating income including
inter-segment operating income 28,479,737
336,121 166,226
213,414 201,370
28,994,128 Operating expenses
25,591,972 170,382
112,974 407,690
- 26,283,018
Inter-segment operating expenses 25,400
- 7,628
- 33,028
- Operating expenses including
inter-segment operating expenses 25,617,372
170,382 120,602
407,690 33,028
26,283,018 Income from operations
2,862,365 165,739
45,624 194,276
168,342 2,711,110
Net income 2,253,097
107,306 59,094
188,996 187,088
2,421,405 Total assets
261,340,622 1,977,521
1,999,938 5,082,723
2,883,612 267,517,192
Total assets as a percentage of total consolidated assets
prior to elimination 96.65
0.73 0.74
1.88
50. CAPITAL ADEQUACY RATIO
The Capital Adequacy Ratio CAR is the ratio of the Bank’s capital over its Risk-Weighted Assets RWA. Under Bank Indonesia regulations, total capital includes core Tier I capital and supplementary capital Tier
II less investments in Subsidiaries. To calculate the market risk exposure, the Bank could include the supplementary capital Tier III. Supplementary capital for taking account of market risk Tier III is short-term
subordinated loans which meet the criteria as capital components. The CAR of Bank Mandiri only as of December 31, 2007 and 2006 was 21.11 and 25.30 for CAR with credit risk and 20.75 and 24.62 for
CAR with credit risk and market risk, respectively, and calculated as follows:
