PT BANK MANDIRI PERSERO TBK. AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
December 31, 2004 and 2003, and April 30, 2003 Expressed in millions of Rupiah, unless otherwise stated
99
28. OTHER LIABILITIES
December 31, December 31,
April 30, 2004
2003 2003
Rupiah: Provision for post-employment benefits Note 43
446,290 361,453
674,062 Provision for possible losses on legal cases
409,356 204,229
147,062 Accrued bonuses and employee incentives
364,592 304,506
489,963 Guarantee deposits
274,075 189,135
116,717 Unearned income
215,588 216,113
247,143 Accrued dividends, ‘PUKK’ fund, environmental-
fund, directors’ and commissioners’ bonuses and incentive bonuses from distribution of
net profit -
- 1,929,841
Provision arising from obligations from investments in shares of stock
12,900 57,543
110,513 Inter-branch accounts - net
- -
863,816 Accrued expenses for Government
premium guarantees -
- 135,554
Others 1,981,619
1,768,462 2,811,604
3,704,420 3,101,441
7,526,275 Foreign Currency:
Guarantee deposits 704,656
691,226 638,822
Provision for possible losses on legal cases 342,351
732,244 1,281,694
Unearned income 197,032
129,265 34,930
Inter-branch accounts - net -
1,211,965 -
Others 701,358
1,549,820 424,325
1,945,397 4,314,520
2,379,771 5,649,817
7,415,961 9,906,046
Movements of certain provisions for the year ended December 31, 2004 were as follows:
Provision Arising Provision for
Provision for from Obligations
Possible Losses Post-Employment from Investments
on Legal Cases Benefits
in Shares of Stock Balance at beginning of year
936,473 361,453
57,543 Reversalprovision during the year
259,172 84,837
44,643 Utilization during the year
339 -
- Others
74,067 -
-
Balance at end of year 751,707
446,290 12,900
Includes foreign currency translation effect.
PT BANK MANDIRI PERSERO TBK. AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
December 31, 2004 and 2003, and April 30, 2003 Expressed in millions of Rupiah, unless otherwise stated
100
28. OTHER LIABILITIES continued
Movements of certain provisions for the eight-month period ended December 31, 2003 were as follows:
Provision Arising Provision for
Provision for from Obligations
Possible Losses Post-Employment from Investments
on Legal Cases Benefits
in Shares of Stock
_
Balance at beginning of period 1,428,756
674,062 110,513
Reversal during the period 451,103
312,609 52,970
Utilization during the period 750
- -
Others 40,430
- -
Balance at end of period 936,473
361,453 57,543
Includes foreign currency translation effect.
Movements of certain provisions for the four-month period ended April 30, 2003 were as follows:
Provision Arising Provision for
Provision for from Obligations
Possible Losses Post-Employment from Investments
on Legal Cases Benefits
in Shares of Stock
_
Balance at beginning of period 1,591,517
674,062 110,513
Reversal during the period 118,460
- -
Others 44,301
- -
_
Balance at end of period 1,428,756
674,062 110,513
Includes foreign currency translation effect.
29. SUBORDINATED LOANS
a. By Currency:
December 31, December 31,
April 30, 2004
2003 2003
Rupiah: Two-Step Loans TSL
a Nordic Investment Bank NIB
319,007 359,021
381,282 b
Export-Import Bank of Japan EBJ 81,755
152,728 188,214
c Asian Development Bank ADB
10,674 25,573
33,022 d
International Bank for Reconstruction and Development IBRD
27,896 37,508
46,577 e
ASEAN Japan Development Fund Overseas Economic Cooperation Fund AJDF-OECF
105,410 118,439
124,673 f
ASEAN Japan Development Fund-Export-Import Bank of Japan AJDF-EBJ
5,623 6,185
7,310 550,365
699,454 781,078
Bank Indonesia 2,498,859
930,859 1,416,859
Investment Fund Account RDI ex-Two-Step Loans -
277,252 415,878
3,049,224 1,907,565
2,613,815 Foreign Currency:
Two-Step Loans - Asian Development Bank ADB 217,993
- -
Two-Step Loans - Kreditanstalt fur Wiederaufbau, Frankfurt KfW 87,963
92,674 91,614
Others 3,461,026
3,118,245 3,195,648
3,766,982 3,210,919
3,287,262 6,816,206
5,118,484 5,901,077
