Interim financial statements as of June 30, 2017 and for six-month period then ended

  PT Bank Maspion Indonesia Tbk Laporan keuangan interim tanggal 30 Juni 2017 dan

periode enam bulan yang berakhir pada tanggal tersebut/

Interim financial statements as of June 30, 2017 and for six-month period then ended

  The original financial statements included herein are in the Indonesian language.

  

PT BANK MASPION INDONESIA TBK PT BANK MASPION INDONESIA TBK

LAPORAN KEUANGAN FINANCIAL STATEMENTS

TANGGAL 30 JUNI 2017 DAN UNTUK PERIODE AS OF JUNE 30, 2017 AND ENAM BULAN YANG BERAKHIR PADA TANGGAL FOR THE SIX MONTH PERIOD THEN ENDED

  TERSEBUT

  Halaman/

  

Page

  Daftar Isi

  Table of Contents

  Laporan Posisi Keuangan 1 - 2 ………………………..... ……………………. Statement of Financial Position

  Laporan Laba Rugi dan Penghasilan Statement of Profit or Loss and Other 3 - 4 Komprehensif Lain ...

  …………… ………………… ...…………..……….. Comprehensive Income ..... Laporan Perubahan Ekuitas ……………………….. 5 ……………….. Statement of Changes in Equity ....

  Laporan Arus Kas …………………………………… 6 - 7 …….………………….. Statement of Cash Flows Catatan atas Laporan Keuangan ............................ 8 - 119 ... ………………. Notes to the Financial Statements

  

PT BANK MASPION INDONESIA TBK PT BANK MASPION INDONESIA TBK

LAPORAN POSISI KEUANGAN STATEMENT OF FINANCIAL POSITION

Tanggal 30 Juni 2017 As of June 30, 2017

(Disajikan dalam ribuan Rupiah, (Expressed in thousands of Rupiah,

kecuali dinyatakan lain) unless otherwise stated)

30 Juni/

  31 Desember/ Catatan/ June 30, December 31, Notes 2017 2016

  ASET ASSETS

  Kas 2a,2c,2d,4 103.498.614 54.515.170 Cash 2a,2c, Current accounts with

  Bank Indonesia

  Giro pada Bank Indonesia 2d,2e,5 295.939.798 282.944.574

  Current accounts with other banks - third parties

  Giro pada bank lain - pihak ketiga 45.418.859 48.529.784

  Allowance for impairment

  (4.430) (4.220) Cadangan kerugian penurunan nilai

  losses

  2a,2c, 2d,2e,2j,6 45.414.429 48.525.564

  Penempatan pada Bank Indonesia 2a,2c, Placements with Bank dan bank lain 2f,7 304.932.245 126.971.787 Indonesia and other banks 2a,2c,

  Efek-efek 2g,8 16.484.301 264.748.666 Marketable securities Efek-efek yang dibeli dengan janji

  Securities purchased under

  dijual kembali 2a,2c,2h,8 392.361.427 118.762.125 resale agreements Kredit yang diberikan

  Loans

  Pihak berelasi 241.132.755 145.810.987 Related parties 3.942.562.817 4.037.552.375

  Pihak ketiga

  Third parties

  Total kredit yang diberikan 4.183.695.572 4.183.363.362 Total loans

  Allowance for impairment

  (13.342.864) (8.612.179) Cadangan kerugian penurunan nilai

  losses

  2c,2d,2i, 2j,2x,9,29 4.170.352.708 4.174.751.183

  Bunga yang akan diterima 2c,2d,10 19.215.261 18.177.887 Interest receivables Beban dibayar di muka 2k,2x,11,29 26.041.456 23.978.193 Prepaid expenses

• Pajak dibayar di muka 2d,2s,17a 515.498 Prepaid tax Aset tetap

  Fixed assets

  Biaya perolehan 343.195.144 340.684.462 Cost (72.884.908) (68.717.111)

  Akumulasi penyusutan

  Accumulated depreciation

  2l,12 270.310.236 271.967.351 Aset pajak tangguhan, neto 2s,17d 9.675.533 9.684.385 Deferred tax assets, net

  2c,2m, 202.833.260 86.492.055

  Aset lain-lain 2aa,13

  Other assets 5.857.574.766 5.481.518.940 TOTAL ASET

TOTAL ASSETS

  

Catatan atas laporan keuangan terlampir merupakan The accompanying notes to the financial statements

bagian yang tidak terpisahkan dari laporan keuangan ini form an integral part of these financial statements

secara keseluruhan. taken as a whole.

  

PT BANK MASPION INDONESIA TBK PT BANK MASPION INDONESIA TBK

LAPORAN POSISI KEUANGAN (lanjutan) STATEMENT OF FINANCIAL POSITION (continued)

Tanggal 30 Juni 2017 As of June 30, 2017

(Disajikan dalam ribuan Rupiah, (Expressed in thousands of Rupiah,

kecuali dinyatakan lain) unless otherwise stated)

30 Juni/

  31 Desember / Catatan/ June 30, December 31,

Notes 2017 2016

LIABILITAS DAN EKUITAS

  LIABILITIES AND EQUITY LIABILITAS LIABILITIES

  Liabilities due immediately

  Liabilitas segera 2c,2d,2n,14 7.562.353 3.168.362 Simpanan dari nasabah

  Deposits from customers Related parties

  Pihak berelasi 345.726.469 329.394.901 4.172.883.066 3.859.190.588

  Third parties

  Pihak ketiga 2c,2d,2o,

  Total simpanan dari nasabah 2x,15,29 4.518.609.535 4.188.585.489 Total deposits from customers Simpanan dari bank lain 2c,2p,16 115.784.877 109.030.979 Deposits from other banks Utang pajak 2d,2s,17b 6.949.028 8.739.708 Taxes payable

  2c,2d, 62.614.191 60.382.266

  Liabilitas lain-lain 2t,2w,18

  Other liabilities 4.711.519.984 4.369.906.804 TOTAL LIABILITAS

  TOTAL LIABILITIES EKUITAS EQUITY

  Modal saham

  Share capital

  Modal dasar - 12.000.000.000

  Authorized - 12,000,000,000

  (lembar penuh) saham - dengan

  (full amount) shares - Rp100

  nilai nominal Rp100 (satuan

  par value per share (in full

  penuh) per saham

  amount)

  Modal ditempatkan dan disetor

  Issued and fully paid-up -

  penuh - 4.443.461.538 (lembar

  4.443.461.538 (full amount)

  penuh) saham pada tanggal 30

  shares Issued at June 30,

  Juni 2017 dan 3.851.000.000

  2017 and 3,851,000,000 (full amount) shares Issued at

  (lembar penuh) saham pada tanggal 31 Desember 2016 19 444.346.154 385.100.000 December 31, 2016

  Tambahan modal disetor, neto 2y,20 296.930.018 158.677.857 Additional paid-in capital, net Dana setoran modal 2y,21 197.498.315 Additional capital contribution - Saldo laba

  Retained earnings

  Telah ditentukan penggunaannya 19c 16.000.000 10.000.000 Appropriated

  Unappropriated

  Belum ditentukan penggunaannya 224.265.203 194.765.704 Penghasilan komprehensif lain

  Other comprehensive income Revaluation surplus of fixed

  Selisih lebih revaluasi aset tetap 2l 178.305.299 179.150.624 assets Kerugian aktuarial atas liabilitas

  Actuarial loss on employee

  (13.791.892) (13.580.364) imbalan kerja, neto

  benefits liability, net 1.146.054.782 1.111.612.136 TOTAL EKUITAS

  TOTAL EQUITY TOTAL LIABILITIES AND 5.857.574.766 5.481.518.940 TOTAL LIABILITAS DAN EKUITAS

  EQUITY

Catatan atas laporan keuangan terlampir merupakan The accompanying notes to the financial statements

bagian yang tidak terpisahkan dari laporan keuangan ini form an integral part of these financial statements

secara keseluruhan. taken as a whole.

  

PT BANK MASPION INDONESIA TBK PT BANK MASPION INDONESIA TBK

LAPORAN LABA RUGI DAN PENGHASILAN STATEMENT OF PROFIT OR LOSS AND OTHER

KOMPREHENSIF LAIN COMPREHENSIVE INCOME

Periode enam bulan yang berakhir pada Tanggal

  Six-month period ended

  

30 Juni 2017 June 30, 2017

(Disajikan dalam ribuan Rupiah, (Expressed in thousands of Rupiah,

kecuali dinyatakan lain) unless otherwise stated)

Enam bulan yang berakhir pada tanggal 30 Juni/

  Six-month period ended June 30, Catatan/ 2017 2016

  Notes PENDAPATAN BUNGA

  INTEREST INCOME

  2q,23 242.398.767 265.677.141 (124.478.248) (155.936.196)

  BEBAN BUNGA 2q,24

  INTEREST EXPENSE 117.920.519 109.740.945 PENDAPATAN BUNGA, NETO

  INTEREST INCOME, NET PENDAPATAN OPERASIONAL LAINNYA

  OTHER OPERATING INCOME

  Denda dan administrasi 13.067.823 14.500.716 Penalties and administration

  Fees and commissions from

  Provisi dan komisi dari selain kredit 2r 3.816.396 1.405.112 other than loans Pemulihan kerugian penurunan nilai 13.201.026 5.851.648 Recovery of impairment losses

  2.588.995 3.353.179 Lain-lain

  Others TOTAL PENDAPATAN

  TOTAL OTHER OPERATING 32.674.240 25.110.655 OPERASIONAL LAINNYA

  INCOME OTHER OPERATING BEBAN OPERASIONAL LAINNYA EXPENSES

  Gaji dan tunjangan 25 (51.004.530) (49.580.566) Salaries and employee benefits Umum dan administrasi 26 (35.503.204) (32.375.146) General and administrative

  (17.931.720) (9.112.043) Penyisihan kerugian penurunan nilai

  Provision for impairment losses TOTAL BEBAN OPERASIONAL

  TOTAL OTHER OPERATING (104.439.454) (91.067.755) LAINNYA

  EXPENSES LABA OPERASIONAL 46.155.305 43.783.845 OPERATING INCOME PENDAPATAN NON-

  NON-OPERATING INCOME, 425.661 276.162 OPERASIONAL, NETO

  27 NET

  INCOME BEFORE TAX

LABA SEBELUM BEBAN PAJAK 46.580.966 44.060.007 EXPENSE

(11.926.792) (11.437.170)

  BEBAN PAJAK, NETO 2s,17c TAX EXPENSE, NET

  34.654.174 32.622.837 LABA TAHUN BERJALAN

  INCOME FOR THE YEAR

Catatan atas laporan keuangan terlampir merupakan The accompanying notes to the financial statements

bagian yang tidak terpisahkan dari laporan keuangan ini form an integral part of these financial statements secara keseluruhan. taken as a whole.

  

PT BANK MASPION INDONESIA TBK PT BANK MASPION INDONESIA TBK

LAPORAN LABA RUGI DAN PENGHASILAN STATEMENT OF PROFIT OR LOSS AND OTHER

KOMPREHENSIF LAIN (lanjutan) COMPREHENSIVE INCOME (continued)

Periode enam bulan yang berakhir pada Tanggal Six-month period ended

  

30 Juni 2017 June 30, 2017

(Disajikan dalam ribuan Rupiah, (Expressed in thousands of Rupiah,

kecuali dinyatakan lain) unless otherwise stated)

Periode enam bulan yang berakhir pada tanggal 30 Juni/

  Six-month period ended June 30, Catatan/

  

Notes 2017 2016

34.654.174 32.622.837 LABA TAHUN BERJALAN

  INCOME FOR THE YEAR PENGHASILAN KOMPREHENSIF OTHER COMPREHENSIVE LAIN

  INCOME

  Pos-pos yang tidak akan

  Items that will not be

  direklasifikasi ke laba rugi:

  reclassified to profit or loss: Revaluation surplus of fixed

  (2.824.985) assets - Selisih lebih revaluasi aset tetap Keuntungan (kerugian) aktuarial

  Actuarial gain (loss) on employee benefits liability

  atas liabilitas imbalan kerja 35 (282.038) (469.364) 70.510 4.305.274

  Pajak penghasilan terkait

  Income tax effect Penghasilan komprehensif lain,

  Other comprehensive income, (211.528) 1.010.925 setelah pajak net of tax

TOTAL PENGHASILAN KOMPREHENSIF TAHUN

  34.442.646 33.633.762 BERJALAN

  INCOME FOR THE YEAR LABA PER SAHAM DASAR

BASIC EARNINGS PER

  (dalam Rupiah penuh) 2u,28 7,80 8,47 SHARE (in full Rupiah)

  

Catatan atas laporan keuangan terlampir merupakan The accompanying notes to the financial statements

bagian yang tidak terpisahkan dari laporan keuangan ini form an integral part of these financial statements secara keseluruhan. taken as a whole.

  Other comprehensive income, net

Saldo 30 Juni 2016 385.100.000 158.677.857 - 10.000.000 156.406.045 181.975.610 (7.694.050) 884.465.462 Balance as ofJune 30, 2016

  Belum ditentukan penggunaannya/ Unappropriated

  Transfer of revaluation surplus of fixed assets to retained earnings Penghasilan komprehensif lain, neto

  Appropriation for general and legal reserve

Laba periode berjalan - - - - 32.622.837 - - 32.622.837 Income for the period

Transfer selisih lebih revaluasi aset tetap ke saldo laba - - - - 2.824.985 (2.824.985) - -

  Balance as of June 30, 2017

Saldo 31 Desember 2015 385.100.000 158.677.857 - 6.000.000 124.958.223 180.612.662 (7.342.027) 848.006.715 Balance as of December 31, 2015

Pembentukan cadangan umum dan wajb - - - 4.000.000 (4.000.000) - - -

  Other comprehensive income, net Saldo 30 Juni 2017 444.346.154 296.930.018 - 16.000.000 224.265.203 178.305.299 (13.791.892) 1.146.054.782

  Transfer of revaluation surplus of fixed assets to retained earnings Penghasilan komprehensif lain, neto

  Appropriation for general and legal reserve

Laba periode berjalan 19c - - - - 34.654.174 - - 34.654.174 Income for the period

Transfer selisih lebih revaluasi aset tetap ke saldo laba - - - - 845.325 (845.325) - -

  

Saldo 31 Desember 2016 385.100.000 158.677.857 197.498.315 10.000.000 194.765.704 179.150.624 (13.580.364) 1.111.612.136 Balance as of December 31, 2016

Penawaran Umum Terbatas I (PUT I) 21 59.246.154 138.252.161 (197.498.315) - - - - - Limited Public Offering I (PUT I) Pembentukan cadangan umum dan wajb - - - 6.000.000 (6.000.000) - - -

  Total ekuitas/ Total equity

  Keuntungan (kerugian) aktuarial atas liabilitas imbalan kerja/ Actuarial gain (loss) on employee benefits liability

  Selisih lebih revaluasi aset tetap/ Revaluation surplus of fixed assets

  Telah ditentukan penggunaannya/ Appropriated

  Catatan atas laporan keuangan terlampir merupakan bagian yang tidak terpisahkan dari laporan keuangan ini secara keseluruhan.

  Dana setoran modal/ Additional capital contribution

  Tambahan modal disetor, neto/ Additional paid-in capital, net

  Issued and fully paid-up share capital

  Notes Modal ditempatkan dan disetor penuh/

  Other comprehensive income Catatan/

  Retained earnings Penghasilan komprehensif lain/

  Six-month period ended June 30, 2017 (Expressed in thousands of Rupiah, unless otherwise stated) Saldo laba/

  LAPORAN PERUBAHAN EKUITAS Periode enam bulan yang berakhir pada Tanggal 30 Juni 2017 (Disajikan dalam ribuan Rupiah, kecuali dinyatakan lain) PT BANK MASPION INDONESIA TBK STATEMENT OF CHANGES IN EQUITY

• (211.528) (211.528)
• 4.187.933 (352.023) 3.835.910

  5 PT BANK MASPION INDONESIA TBK

  The accompanying notes to the financial statements form an integral part of these financial statements taken as a whole.

30 Juni 2017 (Disajikan dalam ribuan Rupiah, kecuali dinyatakan lain)

ARUS KAS DARI AKTIVITAS OPERASI

  Catatan atas laporan keuangan terlampir merupakan bagian yang tidak terpisahkan dari laporan keuangan ini secara keseluruhan.

  Penerimaan (pembelian) efek-efek (683.266) 95.582.857

  Increase (decrease) in operating liabilities:

  Liabilitas segera 4.600.820 (1.437.161) Liabilities due immediately Simpanan dari nasabah 330.024.046 56.075.914

  Deposits from customers

  Simpanan dari bank lain 6.753.899 8.583.651 Deposits from other banks Utang pajak 758.276 315.914 Taxes payable Liabilitas lain-lain

  (424.949) 3.286.687

  Other liabilities Kas neto diperoleh dari (digunakan untuk) aktivitas operasi 264.990.441 (37.288.634)

  Net cash provided by (used in) operating activities

  INVESTASI CASH FLOWS FROM INVESTING ACTIVITIES

  Pembelian efek-efek yang dibeli dengan janji dijual kembali 8 (273.599.302) -

  Proceeds of (purchase of) marketable securities

  Kredit yang diberikan (332.210) (133.345.632) Loans Aset lain-lain (118.305.235) (13.082.828) Other assets

  Purchase of securities purchased under resale agreements

  Penambahan aset tetap 12 (2.678.034) (2.597.787)

  Acquisition of fixed assets

  Penerimaan dari penjualan aset tetap

  12 1.575 12.902

  Proceeds from sale of fixed assets Kas neto diperoleh dari (digunakan untuk) aktivitas investasi (276.959.027) 92.997.972

  Net cash provided by (used in) Investing activities

  Kenaikan (penurunan) dalam liabilitas operasi:

  Decrease (increase) in operating assets:

  The accompanying notes to the financial statements form an integral part of these financial statements taken as a whole.

  Receipts of other operating income

  PT BANK MASPION INDONESIA TBK LAPORAN ARUS KAS Periode enam bulan yang berakhir pada Tanggal

  PT BANK MASPION INDONESIA TBK STATEMENT OF CASH FLOWS Six-month period ended June 30, 2017

  (Expressed in thousands of Rupiah, unless otherwise stated) Periode enam bulan yang berakhir pada tanggal 30 Juni/

  Six-month period ended June 30, Catatan/

  Notes 2017 2016

  CASH FLOWS FROM OPERATING ACTIVITIES

  Penerimaan bunga, provisi dan komisi 241.262.813 268.185.415

  Receipts of interest, fees and commissions

  Penerimaan dari pendapatan operasional lainnya 19.624.258 21.529.316

  Penerimaan dari pendapatan non- operasional, neto 441.191 282.597

  Penurunan (kenaikan) dalam aset operasi:

  Receipts of non- operating income, net

  Pembayaran bunga, provisi dan komisi (124.466.253) (157.120.014)

  Payments of interest, fees and commissions

  Pembayaran gaji dan tunjangan (48.849.170) (48.198.924)

  Payments of salaries and employee benefits

  Pembayaran beban umum dan administrasi (31.185.160) (25.400.898)

  Payments of general and administrative expenses

  Pembayaran pajak (14.911.885) (16.962.671)

  Payments of tax Penerimaan kas sebelum perubahan aset dan liabilitas operasi 41.915.794 42.314.821

  Cash receipts before changes in operating assets and liabilities

ARUS KAS DARI AKTIVITAS

  

PT BANK MASPION INDONESIA TBK PT BANK MASPION INDONESIA TBK

LAPORAN ARUS KAS (lanjutan) STATEMENT OF CASH FLOWS (continued) Periode enam bulan yang berakhir pada Tanggal Six-month period ended

  

30 Juni 2017 June 30, 2017

(Disajikan dalam ribuan Rupiah, (Expressed in thousands of Rupiah,

kecuali dinyatakan lain) unless otherwise stated)

Periode enam bulan yang berakhir pada tanggal 30 Juni/

  Six-month period ended June 30, Catatan/

  Notes 2017 2016

ARUS KAS DARI AKTIVITAS

  CASH FLOWS FROM FINANCING PENDANAAN ACTIVITIES

  Payments of cash dividends

  Pembayaran dividen tunai 19c

  Kas neto diperoleh dari (digunakan untuk) aktivitas Net cash provided by (used in)

• - - pendanaan

  financing activities

  Kenaikan (penurunan) neto kas

  Net increase (decrease) in cash

  dan setara kas (11.968.586) 55.709.338 and cash equivalents Kas dan setara kas pada awal

  Cash and cash equivalents at

  tahun 761.908.946 795.090.686 beginning of year Pengaruh perubahan kurs mata

  Effect of foreign currency

  uang asing sehubungan dengan

  exchange rate changes related to

  (150.844) (2.270.446) kas dan setara kas

  cash and cash equivalents Kas dan setara kas pada akhir

  Cash and cash equivalents at 749.789.516 848.529.578 tahun end of year Cash and cash equivalents

  Kas dan setara kas terdiri dari: consist of:

  Kas 4 103.498.614 62.836.074 Cash

  Current accounts with Bank

  Giro pada Bank Indonesia 5 295.939.798 298.972.993 Indonesia Giro pada bank lain 6 45.418.859 13.960.309 Current accounts with other banks Penempatan pada Bank Indonesia

  Placements with Bank Indonesia

  dan bank lain 7 304.932.245 171.069.505 and other banks

  Marketable securities

• – jatuh tempo kurang dari atau sampai dengan 3 bulan sejak
• – Efek-efek

  maturing less than or until

  301.690.697 - tanggal perolehan 8 3 months of acquisition date

  749.789.516 848.529.578 Total kas dan setara kas Total cash and cash equivalents

  

Catatan atas laporan keuangan terlampir merupakan The accompanying notes to the financial statements form an

bagian yang tidak terpisahkan dari laporan keuangan ini secara integral part of these financial statements taken as a whole. keseluruhan.

  PT BANK MASPION INDONESIA TBK CATATAN ATAS LAPORAN KEUANGAN Tanggal 30 Juni 2017 dan untuk periode enam bulan yang berakhir pada tanggal tersebut (Disajikan dalam ribuan Rupiah, kecuali dinyatakan lain) PT BANK MASPION INDONESIA TBK NOTES TO THE FINANCIAL STATEMENTS

  As of June 30, 2017 and for six-month period then ended (Expressed in thousands of Rupiah, unless otherwise stated)

1. UMUM

  1. GENERAL

a. Pendirian Bank dan informasi umum

  a. Establishment of the Bank and general information

  PT Bank Maspion Indonesia Tbk ( “Bank”) didirikan pada tanggal 6 November 1989 berdasarkan Akta Notaris Soetjipto, S.H. No. 68 yang diubah dengan Akta Notaris No. 49 tanggal

  5 Desember 1989 oleh notaris yang sama. Akta pendirian beserta perubahan tersebut telah disahkan oleh Menteri Kehakiman Republik Indonesia melalui Surat Keputusan No. C2-2292.HT.01.01-Th.90 tanggal 18 April 1990, serta diumumkan dalam Lembaran Berita Negara Republik Indonesia No. 90 tanggal 9 November 1990, Tambahan No. 4560.

  PT Bank Maspion Indonesia Tbk (the “Bank”) was established on November 6, 1989 based on Notarial Deed No. 68 of Soetjipto, S.H. which was amended by Notarial Deed No. 49 dated December 5, 1989 of the same notary. The deed of establishment and amendment were approved by the Ministry of Justice of the Republic of Indonesia in its Decision Letter No. C2-2292.HT.01.01-Th.90 dated April 18, 1990, and was published in Supplement No. 4560 of the State Gazette No. 90 dated November 9, 1990.

  Untuk memenuhi ketentuan Undang-undang No. 40 Tahun 2007 tentang Perseroan Terbatas, telah dilakukan penyesuaian terhadap Anggaran Dasar Bank. Penyesuaian tersebut dinyatakan dalam Akta Notaris No. 66 tanggal

  15 Agustus 2008 yang dibuat di hadapan Sitaresmi Puspadewi Subianto, S.H., notaris di Surabaya dan telah mendapat persetujuan dari Menteri Hukum dan Hak Asasi Manusia Republik Indonesia, dengan Surat Keputusan No. AHU-41847.AH.01.02 Tahun 2009 tanggal

  27 Agustus 2009 dan telah diumumkan dalam Berita Negara Republik Indonesia No. 93 tanggal

  20 November 2009 Tambahan No. 27492.

  In compliance with Indonesian Limited Liability Company Law No. 40 Year 2007, Bank’s Articles of Association has been amended. The amendment was covered by Notarial Deed No. 66 dated August 15, 2008 of Sitaresmi Puspadewi Subianto, S.H., a notary in Surabaya, and was approved by the Ministry of Laws and Human Rights of the Republic of Indonesia, in its decision letter No. AHU-41847.AH.01.02 Year 2009 dated August 27, 2009 and was published in Supplement No. 27492 of the State Gazette No. 93 dated November 20, 2009.

  Anggaran Dasar Bank telah mengalami beberapa kali perubahan, dengan perubahan terakhir melalui Akta Notaris Anita Anggawidjaja, S.H. No. 67 tanggal 17 November 2016 mengenai perubahan pasal Anggaran Dasar Bank terkait peningkatan modal ditempatkan dan disetor setelah pelaksanaan Penawaran umum Terbatas I (PUT I). Perubahan tersebut telah diterima dan dicatat oleh Menteri Hukum dan Hak Asasi Manusia Republik Indonesia melalui Surat Penerimaan Pemberitahuan Perubahan Anggaran Dasar No. AHU-AH.01.03- 0103110 tanggal 29 November 2016 dan didaftarkan dalam Daftar Perseroan Nomor AHU-0142194.AH.01.11.Tahun 2016 tanggal 29 November 2016.

  The Bank’s Articles of Association has been amended several times, most recently by Notarial Deed No. 67 of Anita Anggawidjaja, S.H. dated November 17, 2016 regarding the change in the Bank’s Articles of Association to in relation with the additional of issued and fully paid capital after Limited Public Offering I (PUT I). The amendment was received and acknowledged by Minister of Laws and Human Rights of the Republic of Indonesia in its Letter of Acceptance of the Announcement of Changes in the Articles of Association No. AHU-AH.01.03-0103110 dated November 29, 2016 and was registed in the Company’s Registry Nomor AHU- 0142194.AH.01.11.Tahun 2016 dated November 29, 2016.

  

PT BANK MASPION INDONESIA TBK PT BANK MASPION INDONESIA TBK

CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS Tanggal 30 Juni 2017 dan untuk periode enam As of June 30, 2017 and bulan yang berakhir pada tanggal tersebut for six-month period then ended

  (Disajikan dalam ribuan Rupiah, (Expressed in thousands of Rupiah, kecuali dinyatakan lain) unless otherwise stated)

1. UMUM (lanjutan)

  1. GENERAL (continued)

a. Pendirian Bank dan informasi umum

  a. Establishment of the Bank and general (lanjutan) information (continued)

  Sesuai dengan Pasal 3 Anggaran Dasar Bank, Based on Article 3 of the Bank’s Articles of ruang lingkup kegiatan Bank adalah Association, the scope of activities of the menjalankan kegiatan umum perbankan sesuai Bank is to engage in general banking dengan undang-undang dan peraturan yang activities in accordance with the prevailing berlaku.

  laws and regulations.

  PT Alim Investindo, yang didirikan di Surabaya, PT Alim Investindo, incorporated in adalah entitas induk akhir (ultimate parent) dari Surabaya, is the ultimate parent of the Bank. Bank. Bank memperoleh izin usaha untuk beroperasi The Bank obtained its operating license in

  general banking from the Ministry of Finance

  sebagai bank umum berdasarkan Surat Keputusan Menteri Keuangan Republik in its Decision Letter No. 827/KMK.013/1990 Indonesia No. 827/KMK.013/1990 tanggal dated July 30, 1990, while it obtained its

  30 Juli 1990 dan kemudian berdasarkan Surat license to engage in foreign currency Keputusan Bank Indonesia No. 28/46/KEP/DIR transactions through Bank Indonesia Letter tanggal 28 Juli 1995, Bank memperoleh izin No. 28/46/KEP/DIR dated July 28, 1995. untuk menjalankan aktivitas sebagai bank devisa.

  Bank memulai operasi komersialnya pada tahun The Bank started its commercial operations 1990.

  in 1990.

  Kantor pusat Bank berlokasi di Jalan Basuki The Bank’s head office is located at Jalan Rahmat No. 50 - 54, Surabaya. Pada tanggal Basuki Rahmat No. 50 - 54, Surabaya. As of

  June 30, 2017, the Bank has 10 domestic

  30 Juni 2017, Bank memiliki 10 kantor cabang, 29 kantor cabang pembantu, 8 kantor kas, 2 branches, 29 sub-branches, 8 cash offices, 2 kantor fungsional UMKM, 2 kas mobil, 1 SME functional offices, 2 mobile cash, 1 payment point, 56 Anjungan Tunai Mandiri payment point, 56 Automatic Teller Machines (ATM) dan 6 Mesin Setor Tunai yang berlokasi (ATMs), and 6 Cash Deposit Machines di Surabaya, Jakarta, Semarang, Denpasar, (CDMs) located at Surabaya, Jakarta,

  Semarang, Denpasar, Medan, Bandung,

  Medan, Bandung, Makassar, Malang, Solo, Purwokerto dan Palembang. Sedangkan pada Makassar, Malang, Solo, Purwokerto and tanggal 31 Desember 2016, Bank memiliki 10 Palembang. While as of December 31, 2016, kantor cabang, 30 kantor cabang pembantu, 9 the Bank has 10 domestic branches, 30 sub- kantor kas, 2 kantor fungsional UMKM, 2 kas branches, 9 cash offices, 2 SME functional mobil, 57 Anjungan Tunai Mandiri (ATM) dan 6 offices, 2 mobile cash, 57 Automatic Teller

  Machines (ATMs), and 6 Cash Deposit

  Mesin Setor Tunai yang berlokasi di Surabaya, Jakarta, Semarang, Denpasar, Medan, Machines (CDMs) located at Surabaya, Bandung, Makassar, Malang, Solo, Purwokerto Jakarta, Semarang, Denpasar, Medan, dan Palembang. Bandung, Makassar, Malang, Solo,

  Purwokerto and Palembang.

  

PT BANK MASPION INDONESIA TBK PT BANK MASPION INDONESIA TBK

CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS

Tanggal 30 Juni 2017 dan untuk periode enam As of June 30, 2017 and bulan yang berakhir pada tanggal tersebut for six-month period then ended

  (Disajikan dalam ribuan Rupiah, (Expressed in thousands of Rupiah,

kecuali dinyatakan lain) unless otherwise stated)

1. UMUM (lanjutan)

  1. GENERAL (continued)

  b. Penawaran Umum Perdana Saham

  b. Initial Public Offering (IPO)

  Berdasarkan Surat Otoritas Jasa Keuangan Based on letter No. No. S-194/D.04/2013 of Indonesia (OJK) No. S-194/D.04/2013 tanggal the Indonesia Financial Services Authority

  27 Juni 2013, pernyataan pendaftaran yang (OJK) dated June 27, 2013, the registration diajukan Bank dalam rangka penawaran umum statement submitted by the Bank relating to perdana saham kepada masyarakat sejumlah the Initial Public Offering of 770,000,000 770.000.000 saham dengan nilai nominal shares at Rp100 (full Rupiah) per share with sebesar Rp100 (Rupiah penuh) per saham selling price of Rp320 (full Rupiah) per share dengan harga penawaran sebesar Rp320 became effective on June 27, 2013. The (Rupiah penuh) per saham telah menjadi efektif shares which were offered to the public, pada tanggal 27 Juni 2013. Saham yang were listed and traded on the Indonesia ditawarkan tersebut dicatatkan dan mulai Stock Exchange on July 11, 2013. The diperdagangkan di Bursa Efek Indonesia pada excess of the share offer price over the par

  value per share was recognized as

  tanggal 11 Juli 2013. Selisih lebih antara harga penawaran per saham dengan nilai nominal per “Additional paid-in capital – net of share saham dicatat sebagai “Tambahan modal issuance cost”, which is presented under the disetor, setelah dikurangi dengan biaya emisi Equity section of the Statement of Financial

  Position.

  saham”, yang disajikan pada bagian Ekuitas pada Laporan Posisi Keuangan.

  c. Manajemen Eksekutif

  c. Executive Boards

  Susunan Dewan Komisaris dan Direksi Bank The composition of the Boards of pada tanggal 30 Juni 2017 yang ditetapkan Commissioners and Directors of the Bank as berdasarkan Rapat Umum Pemegang Saham of June 30, 2017 in accordance with the the (RUPS) tanggal 20 Juni 2017 yang dinyatakan Shareholders’ General Meetings (GM) on dalam Akta Notaris Sitaresmi Puspadewi June 20, 2017, as stated under the Notarial

  Deed of Sitaresmi Puspadewi Subianto, S.H.,

  Subianto, S.H., No. 91 dan 31 Desember 2016 yang ditetapkan berdasarkan Rapat Umum No. 91 and December 31, 2016 in accordance Pemegang Saham Luar Biasa (RUPSLB)

  with the the Shareholders’ Extraordinary

  tanggal 28 September 2016 yang dinyatakan General Meetings (EGM) on September 28, dalam Akta Notaris Sitaresmi Puspadewi 2016, as stated under the Notarial Deed of Subianto, S.H., No. 75 adalah sebagai berikut: Sitaresmi Puspadewi Subianto, S.H., No. 75

  is as follows: Dewan Komisaris

  Board of Commissioners

  Komisaris Utama (Independen) Henry Kaunang President Commissioner (Independent) Komisaris Diana Alim*) Commissioner Komisaris Independen Muhammad Pujiono Santoso Independent Commissioner

  Direksi Board of Directors

  Direktur Utama Herman Halim President Director Direktur Sri Redjeki Director Direktur Kepatuhan (Independen) Iis Herijati Compliance Director (Independent) Direktur Yunita Wanda, Wong Director

• ) Efektif setelah mendapat persetujuan dari Otoritas Jasa Keuangan *) Effective after the issuance of approval from Financial Service (OJK)

  Authority

  PT BANK MASPION INDONESIA TBK PT BANK MASPION INDONESIA TBK CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS Tanggal 30 Juni 2017 dan untuk periode enam As of June 30, 2017 and bulan yang berakhir pada tanggal tersebut for six-month period then ended

  (Disajikan dalam ribuan Rupiah, (Expressed in thousands of Rupiah, kecuali dinyatakan lain) unless otherwise stated)

1. UMUM (lanjutan)

  1. GENERAL (continued)

c. Manajemen Eksekutif (lanjutan)

  c. Executive Boards (continued)

  Susunan Komite Audit pada tanggal 30 Juni The composition of Audit Committee as of 2017 dan 31 Desember 2016 berdasarkan June 30, 2017 and December 31, 2016 were keputusan Direksi No. 097/SK/DIR/09/2016 based on Board

  of Directors’ resolution

  tanggal 28 September 2016, yang mulai berlaku No. 097/SK/DIR/09/2016 dated September sejak 30 September 2016 adalah sebagai 28, 2016, which was applied since berikut:

  September 30, 2016 is as follows: Komite Audit

  Audit Committee

  Ketua Henry Kaunang Head Anggota Muhammad Pujiono Santoso Member Anggota Soetanto Hadisuseno Member Anggota Robby Bumulo Member

  Susunan Komite Pemantau Risiko pada tanggal The composition of Risk Monitoring

  30 Juni 2017 dan 31 Desember 2016 ditetapkan Committee as of June 30, 2017 and berdasarkan keputusan Direksi No. December 31, 2016, were based on Board 098/SK/DIR/09/2016 tanggal 28 September of Directors’ resolution No. 2016, yang mulai berlaku sejak 30 September 098/SK/DIR/09/2016 dated September 28, 2016 adalah sebagai berikut: 2016, which was applied since September

  30, 2016 is as follows: Komite Pemantau Risiko

  Risk Monitoring Committee

  Ketua Henry Kaunang Head Anggota Muhammad Pujiono Santoso Member

  Member

  Anggota Supranoto Dipokusumo Anggota Lutfi Member

  Susunan Komite Remunerasi dan Nominasi The composition of Remuneration and pada tanggal 30 Juni 2017 dan 31 Desember Nomination Committee as of June 30, 2017

  and December 31, 2016 were based on

  2016 ditetapkan berdasarkan keputusan Direksi No. 099/SK/DIR/09/2016 tanggal 28 September Board of Directors’ resolution No. 2016, yang mulai berlaku sejak 30 September 099/SK/DIR/09/2016 dated September 28, 2016 adalah sebagai berikut: 2016, which was applied since September

  30, 2016 is as follows: Komite Remunerasi dan

  Remuneration and Nomination Nominasi

  Committee

  Ketua Muhammad Pujiono Santoso Head Anggota Henry Kaunang Member Anggota Yusuf Sutandio Member

  PT BANK MASPION INDONESIA TBK CATATAN ATAS LAPORAN KEUANGAN Tanggal 30 Juni 2017 dan untuk periode enam bulan yang berakhir pada tanggal tersebut (Disajikan dalam ribuan Rupiah, kecuali dinyatakan lain) PT BANK MASPION INDONESIA TBK NOTES TO THE FINANCIAL STATEMENTS

1. UMUM (lanjutan)

  1. GENERAL (continued)

c. Manajemen Eksekutif (lanjutan)

  c. Executive Boards (continued)

  Pada tanggal 30 Juni 2017 dan 31 Desember 2016, Sekretaris Perusahaan adalah Endah Winarni (Theresia Endah Winarni) berdasarkan Surat Keputusan Direksi No.

  045/SK/DIR/09/2012 tanggal 25 September 2012.

  As of June 30, 2017 and December 31, 2016, the Corporate Secretary is Endah Winarni (Theresia Endah Winarni), based on the Board of Directors’ Decision Letter No. 045/SK/DIR/09/2012 dated September 25, 2012.

  Pada tanggal 30 Juni 2017 dan 31 Desember 2016, Kepala Satuan Kerja Audit Internal adalah Marsel Adianto (Marcel Adianto) berdasarkan Surat Keputusan Direksi No.045A/SK/DIR/09/2012 tanggal 25 September 2012.

  As of June 30, 2017 and December 31, 2016, the Head of Internal Audit is Marsel Adianto (Marcel Adianto), based on the Board of Directors’ Decision Letter No. 045A/SK/DIR/09/2012 dated September 25, 2012.

  Pada tanggal 30 Juni 2017 dan 31 Desember 2016, jumlah karyawan tetap Bank masing- masing adalah 732 dan 743.

  As of June 30, 2017 and December 31, 2016, the Bank employed 732 and 743 permanent employees, respectively.

  2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

  As of June 30, 2017 and for six-month period then ended (Expressed in thousands of Rupiah, unless otherwise stated)

2. IKHTISAR KEBIJAKAN AKUNTANSI SIGNIFIKAN

a. Dasar penyusunan laporan keuangan