SUBORDINATED LOANS continued Subordinated Bond Rupiah Bank Mandiri I 2009 continued TEMPORARY SYIRKAH FUNDS

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 172

38. TEMPORARY SYIRKAH FUNDS continued

c. Other significant information related to the time deposits for deposits from customers and deposits from other banks continued 2 By remaining period until maturity date: December 31, December 31, 2016 2015 Rupiah: Less than 1 month 25,231,301 21,654,675 1 - 3 months 2,795,228 3,314,400 3 - 6 months 1,361,302 1,152,496 6 - 12 months 1,419,463 1,376,671 Total 30,807,294 27,498,242 Foreign currency: Less than 1 month 4,059,909 3,318,078 1 - 3 months 229,807 71,628 3 - 6 months 35,515 316,410 6 - 12 months 158,823 156,727 Total 4,484,054 3,862,843 35,291,348 31,361,085 Mudharabah time deposits represent third parties’ deposits which received a profit sharing return from the Subsidiary’s income over utilisation of its fund based on an agreed profit sharing ratio nisbah arranged in Mudharabah Muthlaqah agreement. 3 Ranging of the Annual Profit Sharing Ratio nisbah for Mudharabah Time Deposits: December 31, December 31, 2016 2015 Rupiah 4.06 - 6.15 3.97 - 6.30 Foreign currency 0.66 - 1.64 1.15 - 1.59 4 Mudharabah time deposits with Mudharabah Muthlaqah agreement that is pledged as collateral for receivables and financing amounted to Rp8,217,018 and Rp7,777,091 as of December 31, 2016 and 2015, 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 173

39. NONCONTROLLING INTERESTS IN NET ASSETS OF CONSOLIDATED SUBSIDIARIES

This account represents noncontrolling interests in net assets of consolidated Subsidiaries are as follows: December 31, December 31, 2016 2015 PT AXA Mandiri Financial Services 1,138,819 1,068,962 PT Mandiri Tunas Finance 722,323 574,592 PT Bank Mandiri Taspen Pos “Bank Mantap” 458,658 294,599 PT Asuransi Jiwa InHealth Indonesia 277,011 268,778 PT Mandiri Axa General Insurance 197,425 172,000 PT Mandiri Utama Finance 121,302 42,395 PT Mandiri Sekuritas 145 124 PT Mandiri Capital Indonesia 102 101 2,915,785 2,421,551 40. SHARE CAPITAL

a. Authorised, Issued and Fully Paid Capital

The Bank’s authorised, issued and fully paid capital as of December 31, 2016 and 2015, respectively, are as follows: December 31, 2016 Nominal value Percentage Number of per Share Share value of shares full amount full amount ownership Authorised Capital Share series A Dwiwarna 1 500 500 0.00 Common shares series B 31,999,999,999 500 15,999,999,999,500 100.00 Total Authorised Capital 32,000,000,000 16,000,000,000,000 100.00 Issued and Fully Paid Capital Share series A Dwiwarna Republic of Indonesia 1 500 500 0,00 Common share series B Republic of Indonesia 13,999,999,999 500 6,999,999,999,500 60.00 Management: Sulaiman Arif Arianto 190,029 500 95,014,500 0.00 Ogi Prastomiyono 485,500 500 242,750,000 0.00 Pahala N. Mansury 816,500 500 408,250,000 0.01 Hery Gunardi 171,500 500 85,750,000 0.00 Tardi 462,500 500 231,250,000 0.00 Ahmad Siddik Badruddin 498,300 500 249,150,000 0.00 Kartini Sally 180,000 500 90,000,000 0.00 Royke Tumilaar 51,000 500 25,500,000 0.00 Public less than 5 each 9,330,478,004 500 4,665,239,002,000 39.99 23,333,333,333 11,666,666,666,500 100.00