ACCEPTANCE RECEIVABLES Insurance liabilities on insurance contracts

PT BANK MANDIRI PERSERO Tbk. AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS 31 DECEMBER 2014 AND 2013 Expressed in millions of Rupiah, unless otherwise stated Appendix 587 16. INVESTMENTS IN SHARES a. The detail of investments in shares is as follows: 2014 2013 Investment in shares 58,672 7,891 Less: Allowance for impairment losses 3,182 3,224 55,490 4,667 The detail of investments in shares as at 31 December 2014 is as follows: Investee Nature Percentage of Carrying Companies of Business Ownership Amount Fair Value Method: Westech Electronics Trading and retail 5.50 266 Cost Method: Others each less than Rp3,000 Various 3.99 - 34.00 58,406 Total 58,672 Less: Allowance for impairment losses 3,182 55,490 The detail of investments in shares as at 31 December 2013 is as follows: Investee Nature Percentage of Carrying Companies of Business Ownership Amount Fair Value Method: Westech Electronics Trading and retail 5.50 1,362 Cost and Equity Method: Others each less than Rp3,000 Various 3.99 - 34.00 6,529 Total 7,891 Less: Allowance for impairment losses 3,224 4,667 b. Investments in shares by Bank Indonesia’s collectibility: 2014 2013 Current 58,405 6,528 Doubtful 266 1,362 Loss 1 1 Total 58,672 7,891 Less: Allowance for impairment losses 3,182 3,224 55,490 4,667 c. Movements of allowance for impairment losses on investments in shares: 2014 2013 Balance at beginning of year 3,224 3,044 Reversalallowance during the year Note 44 488 310 Others 446 130 Balance at end of year 3,182 3,224 Includes effect of foreign currency translation Management believes that the allowance for impairment losses on investments in shares is adequate. PT BANK MANDIRI PERSERO Tbk. AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS 31 DECEMBER 2014 AND 2013 Expressed in millions of Rupiah, unless otherwise stated Appendix 588 17. PREPAID EXPENSES 2014 2013 - Prepaid rent 1,017,201 789,658 - Building maintenance 557,942 454,705 - Others 262,357 244,647 1,837,500 1,489,010 Prepaid rent mostly consists of rent on buildings which are used as the Group branch’s offices and official residence across Indonesia.

18. FIXED ASSETS

The details of fixed assets were as follows: Movements from 1 January 2014 Beginning Ending to 31 December 2014 Balance Additions Deductions Reclassifications Balance CostRevalued Amount Direct ownership Land 2,807,067 16,540 1 15,518 2,839,124 Buildings 2,591,342 302,313 217 415,890 3,309,328 Furnitures, fixtures, office equipment and computer equipment 6,374,639 233,843 12,602 525,301 7,121,181 Vehicles 259,936 19,489 2,981 2,746 279,190 Construction in progress 1,212,770 1,678,539 6,120 959,455 1,925,734 13,245,754 2,250,724 21,921 - 15,474,557 Leased assets 12,495 - - - 12,495 13,258,249 2,250,724 21,921 - 15,487,052 Accumulated Depreciation Direct ownership Buildings 1,283,489 167,693 217 5 1,450,960 Furnitures, fixtures, office equipment and computer equipment 4,206,743 753,453 12,096 5 4,948,105 Vehicles 120,909 39,034 2,947 - 156,996 5,611,141 960,180 15,260 - 6,556,061 Leased assets 1,510 625 - - 2,135 5,612,651 960,805 15,260 - 6,558,196 Net book value Direct ownership Land 2,839,124 Buildings 1,858,368 Furniture, fixtures, office equipment and computer equipment 2,173,076 Vehicles 122,194 Construction in progress 1,925,734 8,918,496 Leased assets 10,360 8,928,856 Included in the additions of fixed asset is the acquisition cost of fixed assets amounted Rp33,622 and accumulated depreciation amounted to Rp20,140 resulted from consolidation of InHealth, a subsidiary since 2 May 2014. PT BANK MANDIRI PERSERO Tbk. AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS 31 DECEMBER 2014 AND 2013 Expressed in millions of Rupiah, unless otherwise stated Appendix 589 18. FIXED ASSETS continued The details of fixed assets were as follows: continued Movements from 1 January 2013 Beginning Ending to 31 December 2013 Balance Additions Deductions Reclassifications Balance CostRevalued Amount Direct ownership Land 2,783,546 47,715 27,265 3,071 2,807,067 Buildings 2,402,634 65,009 158,851 282,550 2,591,342 Furnitures, fixtures, office equipment and computer equipment 5,511,558 249,920 66,842 680,003 6,374,639 Vehicles 234,601 35,238 13,109 3,206 259,936 Construction in progress 995,931 1,186,506 837 968,830 1,212,770 11,928,270 1,584,388 266,904 - 13,245,754 Leased assets 12,495 - - - 12,495 11,940,765 1,584,388 266,904 - 13,258,249 Accumulated Depreciation Direct ownership Buildings 1,267,706 113,110 97,327 - 1,283,489 Furnitures, fixtures, office equipment and computer equipment 3,575,089 669,855 38,201 - 4,206,743 Vehicles 94,395 38,603 12,089 - 120,909 4,937,190 821,568 147,617 - 5,611,141 Leased assets 885 625 - - 1,510 4,938,075 822,193 147,617 - 5,612,651 Net book value Direct ownership Land 2,807,067 Buildings 1,307,853 Furniture, fixtures, office equipment and computer equipment 2,167,896 Vehicles 139,027 Construction in progress 1,212,770 7,634,613 Leased assets 10,985 7,645,598 Construction in progress as at 31 December 2013 and 2014 were comprised of: 2014 2013 Buildings 1,045,831 638,895 Computers and other hardware that have not been installed 577,528 427,977 Office equipment and inventory 260,958 106,833 Vehicles 6,876 2,746 Others 34,541 36,319 1,925,734 1,212,770 The estimated percentage of completion of construction in progress as at 31 December 2014 for computers and other hardwares that have not been installed was ranging between 32 - 95 and 31 December 2013 was ranging between 20 - 97. PT BANK MANDIRI PERSERO Tbk. AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS 31 DECEMBER 2014 AND 2013 Expressed in millions of Rupiah, unless otherwise stated Appendix 590 18. FIXED ASSETS continued