MANDIRI Q3 2016 ENGLISH

CONSOLIDATED FINANCIAL STATEMENTS
PT Bank Mandiri (Persero) Tbk. & Subsidiaries
STATEMENT OF FINANCIAL POSITION

STATEMENT OF INCOME AND OTHER COMPREHENSIVE

As of September 30, 2016 and December 31, 2015

(In Millions of Rupiah)
INDIVIDUAL

DESCRIPTION

No.

30 September 2016

For the Period Ended September 30, 2016 and 2015

31 December 2015
(Audited)


30 September 2016

INDIVIDUAL
No.

31 December 2015
(Audited)

6.
7.
8.
9.

10.
11.
12.
13.
14.


15.
16.
17.

18.
19.
20.
21.

Cash
Placements with Bank Indonesia
Placements with other banks
Spot and derivative receivables
Securities
a. Fair value through profit/loss
b. Available for sale
c. Held to maturity ***)
d. Loans and receivables
Securities sold under repurchase agreements (repo)
Securities purchased under resale agreements (reverse repo)

Acceptances receivables
Loans
a. Fair value through profit/loss
b. Available for sale
c. Held to maturity
d. Loans and receivables
Consumer financing receivables
Sharia financing
Investments in shares
Policy holder's investment in Unit Link Contract
Allowance for impairment on financial assets -/a. Securities
b. Loans
c. Others
Intangible assets
Accumulated amortisation for intangible assets -/-   
Premises and equipment
Accumulated depreciation for premises and equipment -/Non earning assets
a. Abandoned properties
b. Repossessed assets
c. Suspense account

d. Inter office assets
i. Operational activities conducted in Indonesia
ii. Operational activities conducted outside Indonesia
Allowance for impairment on non financial assets -/Lease financing
Deferred tax assets
Other assets

18,808,354
88,630,577
16,500,236
545,190

23,118,246
77,227,592
16,161,252
702,877

20,126,036
96,622,414
19,403,329

546,922

25,109,124
83,452,384
20,405,181
703,186

4,446,711
84,433,656
18,759,014
14,182,430
661,761
12,280,791

2,525,862
84,299,093
25,267,020
5,342,711
11,331,273


27,010,264
87,373,158
29,177,364
14,182,430
2,126,677
12,455,871

20,979,816
86,600,853
34,467,541
5,342,711
676,900
11,331,273

560,320,465
5,775,138
-

536,029,812
5,354,140

-

614,224,772
10,174,037
257,878
-

586,675,437
8,178,063
58,644
-

(52,411)
(28,032,031)
(2,041,200)
3,146,616
(1,974,205)
41,319,141
(7,265,114)


(133,392)
(20,470,785)
(1,928,050)
3,109,126
(1,733,034)
15,352,695
(6,443,338)

(204,132)
(29,792,552)
(2,346,538)
3,850,668
(2,154,059)
43,920,950
(8,722,633)

(285,317)
(22,281,842)
(2,215,456)
3,793,181

(1,877,989)
17,470,126
(7,708,438)

150,039
19,815
656,382

150,039
19,815
573,821

150,272
21,414
656,382

150,272
21,414
573,821


(15,937,894)
16,017,423
(299,895)
3,021,633
26,135,567
860,208,189

(19,487,387)
19,567,324
(309,964)
4,318,681
27,605,683
807,551,112

(15,937,894)
16,017,423
(300,834)
723,900
3,493,317
32,106,362


(19,487,387)
19,567,324
(310,903)
604,150
4,834,522
33,234,818
910,063,409

975,163,198

18.

19.

20.

21.
22.
23.
24.

25.

26.

LIABILITIES
Demand deposits **)
Savings deposits **)
Time deposits **)
Investment fund - revenue sharing
Fund from Bank Indonesia
Fund from other banks **)
Spot and derivative liabilities
Securities sold under repurchase agreements (repo)
Acceptances liabilities
Securities issued
Fund borrowings
Margin deposits received
Inter office liabilities
a. Operational activities conducted in Indonesia
b. Operational activities conducted outside Indonesia
Deferred tax liabilities
Liability to Unit Link Holders
Other liabilities
Investment fund - profit sharing
TOTAL LIABILITIES
EQUITY
Share capital
a. Authorised capital
b. Unpaid-in capital-/-   
c. Treasury stock -/-    
Additional Paid-in Capital
a. Agio
b. Disagio -/c. Donated capital
d. Funds for paid-up capital
e. Others
Other comprehensive income
a. Adjustment arising from translation of financial statement
b. Gain (Losses) from changes of financial assets on available for sale
c. Effective cash flow hedges
d. Premises and equipment revaluation increment
e. Other comprehensive income from entity associations
f. Remeasurement from actuarial benefit program
g. Income tax related to other comprehensive income
h. Others
Difference arising from quasi reorganisation
Difference arising from restructuring value of transaction of entities under common control
Other equity
Reserve
a. General reserve
b. Appropriated reserve****)
Retained Earning
a. Previous years *)
b. Current year
TOTAL EQUITY ATTRIBUTABLE TO OWNER
Non controlling interest
TOTAL EQUITY
TOTAL LIABILITIES AND EQUITY

*)
**)
***)
****)

156,875,003
247,758,120
216,629,322
13,818,460
285,989
13,049,998
12,280,791
4,985,828
30,303,387
1,450,825

166,404,947
246,324,710
200,431,272
12,440,574
303,547
4,863,171
11,331,273
564
33,686,787
1,863,755

163,055,224
274,236,326
253,215,850
14,208,221
285,989
13,049,998
12,455,871
8,286,296
34,859,284
1,450,825

172,165,990
271,707,530
232,513,741
12,951,692
303,661
4,863,171
11,331,273
2,320,975
37,504,851
1,863,755

18,627,505
716,065,228

18,154,547
695,805,147

20,312,578
26,961,029
822,377,491

17,019,049
26,025,880
790,571,568

COMPONENTS OF CAPITAL
30 September 2015

30 September 2016

I. Core Capital (Tier 1)
1. Common Equity Tier 1 (CET 1)
1.1 Paid-in Capital (net of Treasury Stock)
1.2 Disclosed Reserves
1.2.1 Additional Factor
1.2.1.1 Other comprehensive income
1.2.1.1.1 Excess differences arising from translation of
financial statement
1.2.1.1.2 Potential gain of the increase in the fair
value of financial assets available for sale of financial
assets available for sale
1.2.1.1.3 Surplus of fixed assets revaluation
1.2.1.2 Other disclosed reserves
1.2.1.2.1 Agio
1.2.1.2.2 General reserves
1.2.1.2.3 Previous year profit
1.2.1.2.4 Current year profit
1.2.1.2.5 Funds for paid-in capital
1.2.1.2.6 Others
1.2.2 Deduction Factor
1.2.2.1 Other comprehensive income
1.2.2.1.1 Negative differences arising from
translation of financial statement
1.2.2.1.2 Potential losses from the decrease in the fair value
of financial assets available for sale
1.2.2.2. Other disclosed reserves
1.2.2.2.1 Disagio
1.2.2.2.2. Previous year loss
1.2.2.2.3 Current year loss
1.2.2.2.4 Negative difference in allowance
for possible losses and allowance for impairment
on earning assets
1.2.2.2.5 Negative difference in adjusment amounts
from fair value of financial assets in trading book
1.2.2.2.6 Required allowance for non earning assets
1.2.2.2.7 Others
1.3 Non controlling interest
1.4 Deduction Factor of CET 1
1.4.1 Deffered tax calculation
1.4.2 Goodwill
1.4.3 Other intangible assets
1.4.4 Investments in share
1.4.5 Shortfall of capital on insurance subsidiaries
1.4.6 Securitisation exposure
1.4.7 Other deduction of CET 1
1.4.7.1 Placement of funds in instrumen AT 1 and/ or Tier 2
to other bank
1.4.7.2 Cross-ownership in another entity acquired by the
transition due to law, grants, or grants will
2. Additional Tier 1 (AT 1)
2.1 Instrument which comply with AT 1 requirements
2.2 Agio/Disagio
2.3 Deduction factor of AT 1
2.3.1 Placement of funds in instrumen AT 1 and/or Tier 2 to
other bank
2.3.2 Cross-ownership in another entity acquired
by the transition due to law, grants, or grants will
II. Supplemental Capital (Tier 2)
1. Capital Instrument in the form of Stock or others which comply
with Tier 2 requirements
2. Agio/Disagio
3. General provison on earning assets (max. 1.25% credit risk - weighted assets)
4. Deduction supplemental capital (Tier 2)
4.1 Sinking Fund
4.2 Placement of funds in instrumen AT 1 and/or Tier 2 to other bank
4.3 Cross-ownership in another entity acquired by the transition
due to law, grants, or grants will
TOTAL CORE AND SUPPLEMENTAL CAPITAL

1. Interest and Sharia Income
a. Rupiah
b. Foreign currencies
2. Interest and Sharia Expenses
a. Rupiah
b. Foreign currencies
Net Interest Income and Sharia Income (Expenses)
3. Premium Income
4. Claim Expense
Net Premium Income (Claim Expenses)
Net Interest and Sharia Income (Expenses), and Net Premium Income
(Claim Expenses)

16,000,000
(4,333,333)
-

16,000,000
(4,333,333)
-

16,000,000
(4,333,333)
-

16,000,000
(4,333,333)
-

17,476,308
-

17,476,308
-

17,316,192
-

17,316,192
-

36,004
518,317
25,588,987
298,874
(782,339)
-

69,774
(1,901,815)
308,294
317,660
-

173,953
863,173
25,932,990
332,124
(1,079,958)
(92,751)

242,807
(1,815,490)
343,636
184,511
(92,751)

2,333,333
-

2,333,333
7,022,115

2,333,333
-

2,333,333
7,022,115

75,375,254
11,631,556
144,142,961
144,142,961
860,208,189

54,349,199
20,104,430
111,745,965
111,745,965
807,551,112

80,790,895
12,013,201
150,249,819
2,535,888
152,785,707
975,163,198

59,534,302
20,334,968
117,070,290
2,421,551
119,491,841
910,063,409

49,946,288
44,101,144
5,845,144
15,751,817
14,340,679
1,411,138
34,194,471
-

46,443,063
43,017,293
3,425,770
17,756,479
16,760,688
995,791
28,686,584
-

56,885,233
50,872,720
6,012,513
18,228,293
16,804,349
1,423,944
38,656,940
7,550,446
5,254,810
2,295,636

52,637,202
48,989,943
3,647,259
20,185,098
19,182,414
1,002,684
32,452,104
7,342,001
4,900,944
2,441,057

34,194,471

28,686,584

40,952,576

34,893,161

1. Other Operating Income
a. Increase in fair value of financial assets
i. Securities
ii. Loans
iii. Spot and derivative
iv. Other financial assets
b. Decrease in fair value of financial liabilities
c. Gain from sale of financial assets
i. Securities
ii. Loans
iii. Other financial assets
d. Gain from spot and derivative transaction (realised)
e. Dividend
f. Gain from investment in shares with equity method
g. Comissions/provisions/fees and administrative
h. Recovery on allowance for impairment
i. Other income

13,257,147

12,901,795

14,415,394

13,403,096

1,469,596
-

1,212
1,209,835
-

97,831
1,469,596
-

1,209,835
-

528,473
141,237
702,267
7,661,331
185,784
2,568,459

296,159
161,839
752,534
7,009,260
2,712
3,468,244

574,044
165,042
8,266,547
185,784
3,656,550

274,294
184,597
605
7,597,656
51,843
4,084,266

2. Other Operating Expenses
a. Decrease in fair value of financial assets
i. Securities
ii. Loans
iii. Spot and derivative
iv. Other financial assets
b. Increase in fair value of financial liabilities
c. Losses from sale of financial assets
i. Securities
ii. Loans
iii. Other financial assets
d. Losses from spot and derivative transaction (realised)
e. Impairment for financial assets
i. Securities
ii. Loans
iii. Sharia financing
iv. Other financial assets
f. Losses related to operational risk
g. Losses from investment in shares under equity method
h. Comissions/provisions/fees and administrative
i. Impairment on non financial assets
j. Salaries and employee benefits
k. Promotion expenses
l. Other expenses
Other Operating Income (Expenses)

32,995,009

23,941,217

39,405,877

29,411,981

8,115
-

-

-

194,679
-

-

-

-

-

124,532
14,430,250
70,482
5,959
514,701
273
7,708,019
636,177
9,496,501
(19,737,862)

7,436,048
149,072
(2,051)
580,934
18,016
6,955,737
543,311
8,260,150
(11,039,422)

124,328
15,470,444
384,065
5,959
517,944
112,289
9,808,350
730,974
12,251,524
(24,990,483)

5,549
8,136,703
341,660
(2,051)
580,934
60,489
8,698,277
645,234
10,750,507
(16,008,885)

14,456,609

17,647,162

15,962,093

18,884,276

(156)
3,058

88
15,224

(105)
(22,593)

101
7,032

PROFIT FROM NON OPERATING
PROFIT CURRENT YEAR BEFORE TAX

2,902
14,459,511

15,312
17,662,474

(22,698)
15,939,395

7,133
18,891,409

Income tax expenses
a. Estimated current tax
b. Deffered tax income (expenses)

(1,971,407)
(856,548)

(2,693,725)
(519,860)

(2,364,966)
(937,419)

(3,152,813)
(578,613)

PROFIT CURRENT YEAR

11,631,556

14,448,889

12,637,010

15,159,983

OTHER COMPREHENSIVE INCOME
Unreclassified to profit (loss)
a. Premises and equipment revaluation increment
b. Remeasurement from actuarial benefit program
c. Other comprehensive income from entity associations
d. Others
e. Income tax related to other comprehensive income

25,588,987
(11,775)
(790,112)

(6,800)
-

25,933,025
(11,719)
(790,127)

(11,906)
-

(33,770)
2,555,455
(442,855)

54,297
(1,813,215)
353,776

(68,971)
2,724,755
(474,223)

165,665
(1,856,215)
363,057

B. Other Operating Income and Expenses

PROFIT (LOSS) FROM OPERATIONS

NON OPERATING INCOME AND EXPENSES

1.

2.

Accumulated losses of Rp162,874,901 million has been eliminated against additional paid-in capital / agio through quasi-reorganisation on April 30, 2003.
Consolidated balance includes temporary syirkah funds from a Subsidiary.
Including Securities owned by Subsidiary which classified "At Cost", accordance with SFAS 110 "Accounting for Sukuk", which was effective since January 1, 2012.
As of September 30, 2016 Appropriated reserve of Rp 9,299,631 million has been reclassified to Retained Earning.

Gain (Losses) from sale of premises and equipment
Gain (Losses) from foreign currencies translation
Other non operating income (expenses)

Reclassified to profit (loss)
a. Adjustment arising from translation of financial statement
b. Gain (Losses) from changes of financial assets on available for sale
c. Effective cash flow hedges
d. Others
e. Income tax related to other comprehensive income

30 September 2016
INDIVIDUAL

26,865,930

(1,411,942)

27,312,740

(1,339,399)

TOTAL OTHER COMPREHENSIVE INCOME CURRENT YEAR

38,497,486

13,036,947

39,949,750

13,820,584

Income current year atributtable to :
Parent Company
Non controlling interest
TOTAL INCOME CURRENT YEAR

11,631,556
11,631,556

14,448,889
14,448,889

12,013,201
623,809
12,637,010

14,582,523
577,460
15,159,983

Total other comprehensive income current year atributtable to :
Parent Company
Non controlling interest
TOTAL OTHER COMPREHENSIVE INCOME CURRENT YEAR

26,865,930
26,865,930

(1,411,942)
(1,411,942)

27,266,818
45,922
27,312,740

(1,339,399)
(1,339,399)

Total comprehensive income current year atributtable to :
Parent Company
Non controlling interest
TOTAL COMPREHENSIVE INCOME CURRENT YEAR

38,497,486
38,497,486

13,036,947
13,036,947

39,280,019
669,731
39,949,750

13,243,124
577,460
13,820,584

TRANSFER INCOME (LOSSES) TO HEAD OFFICE
DIVIDEND

-

-

-

-

EARNING PER SHARE

-

-

514.86

624.97

30 September 2016
Current

I

Special Mention

Sub Standard

Doubtful

Total

Current

Special Mention

Sub Standard

Doubtful

Loss

Total

II. THIRD PARTIES
1. Placements with other banks
a. Rupiah
b. Foreign currencies
2. Spot and derivative receivables
a. Rupiah
b. Foreign currencies
3. Securities
a. Rupiah
b. Foreign currencies
4. Securities sold under repurchase agreements
(Repo)
a. Rupiah
b. Foreign currencies
5. Securities purchased under resell agreements
(reverse repo)
a. Rupiah
b. Foreign currencies
6. Acceptances receivables
7. Loans
a. Micro, small and medium loans (UMKM)
i. Rupiah
ii. Foreign currencies
b. Non UMKM
i. Rupiah
ii. Foreign currencies
c. Restructured loans
i. Rupiah
ii. Foreign currencies
d. Property loans
8. Investments in shares
9. Temporary investment
10. Other Receivables
11. Commitments and contingencies
a. Rupiah
b. Foreign currencies
12. Repossessed assets

22
1,301,948

-

-

-

-

22
1,301,948

22
1,752,855

-

-

-

-

22
1,752,855

14,466
-

-

-

-

-

14,466
-

1
-

-

-

-

-

1
-

378,875
-

-

-

-

-

378,875
-

274,410
19,493

-

-

-

-

274,410
19,493

-

-

-

-

-

-

-

-

-

-

-

-

3,279,857

-

-

-

-

3,279,857

3,497,285

-

-

-

-

3,497,285

1,927
1,927
225
-

723,227
-

-

25,191
-

1,055
1,055
19,494,905
9,507,595
9,987,310
7,854
5,773,048
311,438

1,792
1,792
12,482,639
2,887,221
9,595,418
9,997
4,235,629
9,406

849
849
285
-

591,227
-

-

25,191
-

1,792
1,792
12,483,488
2,888,070
9,595,418
10,282
4,852,047
9,406

3,018,784
4,516,107
-

333
-

-

-

-

3,019,117
4,516,107
-

1,057,394
6,207,209
-

414
-

-

-

-

1,057,808
6,207,209
-

7,502,297
51,693,886

-

-

-

47,788

7,502,297
51,741,674

11,211,095
55,634,636

-

-

-

53,840

11,211,095
55,688,476

530,013
711

-

-

-

-

530,013
711

106,755
2,735

-

-

-

-

106,755
2,735

74,662,822
32,576,094

-

-

-

21,590

74,662,822
32,597,684

84,896,535
32,706,643

-

-

-

87,000
-

84,983,535
32,706,643

14,182,430
-

-

-

-

-

14,182,430
-

3,532,318
-

-

-

-

-

3,532,318
-

661,761
8,930,699

49,386

20,236

-

613

661,761
9,000,934

222,475
23,111,987

129,153

8,113

-

-

222,475
23,249,253

66,664,710
66,371,074
293,636
427,705,200
366,538,252
61,166,948
16,841,309
11,487,378
5,353,931
38,419,562
12,880,265

6,169,050
6,067,361
101,689
19,624,691
16,273,577
3,351,114
13,204,995
10,556,974
2,648,021
3,269,565
52,594

785,779
785,779
3,834,226
3,516,146
318,080
3,423,830
3,265,195
158,635
122,840
1,341

1,021,075
1,021,075
1,413,453
1,301,620
111,833
936,722
936,722
137,644
126

3,200,495
3,200,495
10,405,826
8,016,255
2,389,571
4,911,606
3,519,198
1,392,408
580,545
1,955
135
1,214,529

77,841,109
77,445,784
395,325
462,983,396
395,645,850
67,337,546
39,318,462
29,765,467
9,552,995
42,530,156
1,955
135
14,148,855

63,372,256
63,058,863
313,393
390,743,554
327,560,866
63,182,688
12,972,899
4,971,182
8,001,717
34,590,084
1,955
12,177,935

5,892,645
5,887,557
5,088
18,138,903
15,045,962
3,092,941
8,801,703
6,339,707
2,461,996
3,485,564
723,244

543,038
543,038
2,479,556
1,020,932
1,458,624
1,713,565
466,875
1,246,690
123,947
51,815

808,300
808,300
2,325,947
2,319,490
6,457
1,838,050
1,838,050
113,036
-

2,097,368
2,097,368
3,892,406
3,026,905
865,501
1,114,213
854,019
260,194
376,595
146
1,163,705

72,713,607
72,395,126
318,481
417,580,366
348,974,155
68,606,211
26,440,430
14,469,833
11,970,597
38,689,226
1,955
146
14,116,699

140,457,844
58,314,669
-

694,155
366,965
-

1,223
1,974
-

6,237
-

27,200
879
19,815

141,186,659
58,684,487
19,815

116,178,800
72,102,550
-

593,325
572,458
-

3,854
3,082
-

19,686
12,208
-

13,431
45
19,815

116,809,096
72,690,343
19,815

1. Value of bank's assets pledge as collateral :
a. To Bank Indonesia
b. To others
Total allowance for impairment on financial assets to earning assets
Total required allowance for possible losses on earning assets
Percentage of UMKM loans to total loans
Percentage of UMK loans to total loans
Percentage of UMKM debtors to total debtors
Percentage of UMK debtors to total debtors
Others
a. Channelling of loans
b. Mudharabah Muqayyadah financing
c. Write off on earning assets
d. Recovery of write off on earning assets
e. Write off on earning assets with elimination of right to collect

2.
3.
4.
5.
6.
7.
8.

30,125,642
24,035,928
13.89%
6.25%
57.14%
54.29%

21,832,895
16,260,820
14.46%
6.01%
50.56%
47.64%

337,538
6,132,509
2,049,968
-

9,253,468
4,420,661
1,951,481
-

ALLOWANCES FOR IMPAIRMENT
As of September 30, 2016 and 2015

(In Millions of Rupiah)
30 September 2016

No

DESCRIPTION

Allowance for Impairment

1. Placements with other banks
2. Spot and derivative receivables
3. Securities
4. Securities sold with agreement
to repurchase (repo)
5. Securities purchased with
agreement to resell (reverse repo)
6. Acceptances receivables
7. Loans
8. Investments in shares
9. Temporary invesment
10. Other Receivable
11. Commitments and contingencies

Required Allowance for Possible
Losses of Earning Assets

Individual

Collective

47,788
40,587

23,455
11,824

-

-

111,712
19,330,278
50,360
135
1,719,278
151,844

39,123
8,701,753
49,349
18,385

General

Allowance for Impairment

Specific

164,524
5,330
231,688
-

53,840
121,725

As of September 30, 2016
No.

TRANSACTION

(In Millions of Rupiah)

A.
1.
2.
3.

EXCHANGE RATE RELATED
Spot
Forward
Option
a. Written
b. Purchased
Future
Swap
Others
INTEREST RATE RELATED
Forward
Option
a. Written
b. Purchased
Future
Swap
Others
OTHERS

NOTIONAL AMOUNT

Type

Required Allowance for Possible
Losses of Earning Assets

Individual Collective

47,788
21,590

STATEMENT OF SPOT AND DERIVATIVE TRANSACTIONS
INDIVIDUAL

30 September 2015

General

36,383
14,064

286,650
1,010
234,304

Specific
53,840
87,000

-

-

-

-

-

6,618
122,106
6,118
5,138,639 16,806,369
53
135,630
135
131,917 1,217,423
897,052
31,086

178,393
11,861,475
61,040
146
1,813,227
206,526

95,213
7,560,664
36,725
19,040

2,225
266,092
4,666,002
582
121,874
971,218

7,675
9,211,906
113,875
146
1,207,639
57,899

Trading

4.
5.
6.
B.
1.
2.

3.
4.
5.
C.

TOTAL

Derivative Receivables & Payables
Hedging

Receivables

6,705,817
2,238,814

136,598
10,715,881

12,150
35,572

11,033
96,671

6,303,376
49,601,293
-

47,059,798
-

6,303,376
2,541,495
-

547
429,919
-

416
58,508
-

-

-

-

-

24,869,410
775
-

-

24,869,410
775
-

32,492
34,510
-

22,815
96,546
-

100,571,964

56,004,429

44,567,535

545,190

-

CALCULATION OF FINANCIAL RATIOS
INDIVIDUAL

INDIVIDUAL

RATIOS

No.
30 September 2016

RATIOS

30 September 2015

PERFORMANCE RATIOS
1. Capital Adequacy Ratio (CAR)
2. Non performing earning assets and
non performing non earning assets to total
earning assets and non earning assets
3. Non performing earning assets to total
earning assets
4. Allowance for impairment on financial
assets to earning assets
5. Gross NPL
6. Net NPL
7. Return on Asset (ROA)
8. Return on Equity (ROE)
9. Net Interest Margin (NIM)
10. Operating Expenses to Operating Income
11. Loan to Deposit Ratio (LDR)

285,989

(In %)

As of September 30, 2016 and 2015

No.

Payables

6,842,415
12,954,695

22.63%

17.81%

2.33%

1.53%

2.93%

1.91%

3.88%
3.69%
1.04%
2.35%
13.76%
6.40%
77.13%
89.90%

2.95%
2.41%
0.74%
3.00%
22.49%
5.63%
70.26%
84.27%

30 September 2016

COMPLIANCE
1. a. Percentage violation of Legal Lending Limit
i. Related parties
ii. Third parties
b. Percentage of excess of the Legal
Lending Limit
i. Related parties
ii. Third parties
2. Reserve requirement
a. Primary reserve requirement Rupiah
b. Reserve requirement Foreign currencies
3. Net Open Position - Overall

0.00%
0.00%

30 September 2015

0.00%
0.00%

0.00%
0.00%

0.00%
0.00%

6.50%
8.14%
5.70%

8.00%
8.10%
0.47%

President Director
Vice President Director
Director
Director
Director
Director
Director
Director
Director
Director

SHAREHOLDER
Republic of Indonesia
Non Ultimate Shareholder through
Capital Market (≥ 5%)
Non Ultimate Shareholder through
non Capital Market (≥ 5%)

893,566
24,796,520
106,816,451
17,476,308
2,333,333
75,375,254
11,631,556
(542,198)
(294,270)

924,499
25,140,523
112,453,621
17,316,192
2,333,333
80,790,895
12,013,201
(543,137)
(294,270)

-

-

INDIVIDUAL

(9,074)

(9,074)

-

-

(285,196)
(248,867)
-

-

-

-

-

-

-

(247,928)
(9,941,285)
(3,021,633)
(1,172,411)
(5,722,241)
(25,000)
-

(248,867)
311,457
(7,612,730)
(3,290,079)
(117,741)
(1,260,456)
(2,919,454)
(25,000)
-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

6,929,088

7,592,731

14,330,844

14,945,464

334,341
6,594,747
-

334,341
7,258,390
-

-

-

140,663,887

150,116,658

CONSOLIDATED

-

103,030,122

111,447,603
30 September 2015

INDIVIDUAL

CONSOLIDATED

INDIVIDUAL

CONSOLIDATED

KPMM Ratio

0.625%
0.00%
0.625%

0.625%
0.00%
0.625%

7.90%
0.00%
1.10%

-

30 September 2016

PERCENTAGE OF BUFFER MANDATORY
FILLED BY BANK(%)
Capital conservation buffer (%)
Countercyclical buffer (%)
Capital Surcharge for Systemic Bank (%)

7.89%
0.00%
1.11%

CONSOLIDATED

(285,196)
(247,928)
-

CAPITAL ALLOCATION FOR CAR BASED
ON RISK PROFILE
From CET 1 (%)
From AT 1 (%)
From Tier 2 (%)

DESCRIPTION

30 September 2016

50,990,939
4,017,446
10,533,571
(16,222,978)
(1,709,270)

30 September 2015

46,590,604
3,776,006
10,012,566
(18,377,587)
(1,838,890)

39,950,597

31,697,647

(39,985,693)
7,616,866
1,356,862
(3,373,223)
(10,240,309)
(9,144,736)
(22,698)
(3,271,302)

(32,508,290)
4,607,791
2,231,169
(3,641,387)
(8,995,493)
(7,993,175)
7,133
(4,168,193)

30,496,072

21,399,901

916,914
(5,128,950)
731,812
(31,580,573)
(3,096,830)
(1,449,777)
(2,290,170)
(121,193)
1,652,002
(724,079)
(680,726)
2,325,060

(701,125)
7,832,505
(765,662)
(32,363,361)
(2,561,969)
17,937,743
(1,349,336)
104,002
(292,153)
(850,988)
341,813
1,879,849

(9,330,488)
1,682,178
22,247,818
(2,273,741)
460,501
3,293,529
(212,145)
3,526,380

41,448,084
(5,588,361)
5,605,148
(360,750)
308,963
(2,567,563)
(415,423)
110,007

(760)

(1,404)

832,967
2,216,216
13,492,017

303,116
(1,326,629)
48,126,407

(6,905,138)

(13,735,545)

4,313,778
109,907
(1,426,696)
(57,487)
(3,965,636)

(15,465,430)
3,806
(748,771)
(210,928)
(30,156,868)

(708,706)
5,960,572
(980,640)
(44,709)

(560,159)
(205,035)
(7,688,302)
4,316

8,186,827
(6,100,490)
6,312,854
15,839,235

(2,915,486)
(4,967,968)
(16,332,634)
1,636,905

(8,034,181)
125,667,407
133,472,461

3,157,836
138,804,383
143,599,124

20,126,036
48,039,364
9,668,551
55,638,510
133,472,461

19,062,408
54,400,550
17,014,476
52,983,598
138,092
143,599,124

: Wimboh Santoso
: Imam Apriyanto Putro
: Abdul Aziz
: Aviliani
: Goei Siauw Hong
: Bangun Sarwito Kusmulyono
: Askolani
: Ardan Adiperdana *)

BOARD OF DIRECTORS
-

-

20.63%
20.63%
1.10%
21.73%
12.73%

(In Millions of Rupiah)

CASH FLOWS FROM OPERATING ACTIVITIES
Receipts from interest income
Receipts from sharia income
Receipts from fees, commissions and premium - net
Payments of interest expense
Payments of sharia expenses
Receipts from the sale of Government
Bonds - Fair value through profit or loss
Acquisition of Government Bonds - Fair value through
profit or loss
Foreign exchange gains/ (losses) - net
Other operating income - others
Other operating expenses - others
Salaries and employee benefits
General and administrative expenses
Non operating income/(expenses) - net
Payment of corporate income tax
Cash Flow From Operating Activities Before Changes in
Operating Assets and Liabilities
Decrease/(increase) in operating assets:
Placements with Bank Indonesia and other banks
Marketable securities - Fair value through profit or loss
Other receivables - trade transactions
Loans
Sharia financing
Securities purchased under resale agreements
Consumer financing receivable
Net investment in lease financing
Prepaid taxes
Prepaid expense
Other assets
Proceeds from collection of financial assets already written - off
Increase/(decrease) in operating liabilities
and temporary syirkah funds:
Conventional Banking
Demand deposits
Saving deposits
Time deposits
Inter-bank call money
Obligation due immediately
Liability to unit - linked policyholders
Other taxes payable
Other liabilities
Sharia Banking - Temporary Syirkah Funds
Demand deposit - restricted investment and demand
deposit - mudharabah musytarakah
Saving deposit - restricted investment and mudharabah
saving deposit - unrestricted investment
Mudharabah time deposit - unrestricted investment
Net cash provided by operating activities
CASH FLOWS FROM INVESTING ACTIVITIES
Increase in marketable securities - other than at fair
value through profit or loss
Decrease/(increase) in Government Bonds - other
than at fair value through profit or loss
Proceeds from sale of fixed assets
Acquisition of fixed assets
Acquisition of intangible assets
Net cash used in investing activities
CASH FLOWS FROM FINANCING ACTIVITIES
Increase of investment in Subsidiaries
Increase/(decrease) in marketable securities issued
Decrease in fund borrowings
(Decrease)/increase of Subordinated Loans
Increase/(decrease) in securities sold under
repurchase agreements
Payments of dividends
Net cash provided by financing activities
NET INCREASE IN CASH AND CASH EQUIVALENTS
EFFECT OF EXCHANGE RATE CHANGES
ON CASH AND CASH EQUIVALENT
CASH AND CASH EQUIVALENTS AT THE BEGINNING OF PERIOD
CASH AND CASH EQUIVALENTS AT THE END OF PERIOD
Cash and cash equivalent at the end of period consist of :
Cash
Current accounts with Bank Indonesia
Current accounts with other banks
Placements with Bank Indonesia and other banks
Certificate of Bank Indonesia
Total cash and cash equivalents

MANAGEMENT OF THE BANK
BOARD OF COMMISSIONERS
- President Commissioner
- Deputy President Commissioner
- Independent Commissioner
- Independent Commissioner
- Independent Commissioner
- Independent Commissioner
- Commissioner
- Commissioner

-

21.51%
21.51%
1.11%
22.63%
13.63%

CONSOLIDATED

DESCRIPTION

III. OTHER INFORMATIONS

183,027

CET 1 Ratio (%)
Tier 1 Ratio (%)
Tier 2 Ratio (%)
KPMM Ratio (%)
CET 1 FOR BUFFER (%)

STATEMENT OF CASH FLOW
For the Period Ended September 30, 2016 and 2015

1,055
1,055
19,492,978
9,505,668
9,987,310
7,629
5,024,630
311,438

45,078

30 September 2015

30 September 2016

I. COMMITMENT RECEIVABLES
1. Unused fund borrowings facilities
a. Rupiah
b. Foreign currencies
2. Outstanding purchase position on spot and derivative
3. Others
II. COMMITMENT PAYABLES
1. Unused loan facilities granted to customer
a. BUMN
i. Committed
- Rupiah
- Foreign currencies
ii. Uncommitted
- Rupiah
- Foreign currencies
b. Others
i. Committed
ii. Uncommitted
2. Unused loan facilities granted to other banks
a. Committed
i. Rupiah
ii. Foreign currencies
b. Uncommitted
i. Rupiah
ii. Foreign currencies
3. Outstanding irrevocable letters of credit
a. Foreign letters of credit
b. Local letters of credit
4. Outstanding sales position on spot and derivative
5. Others
III. CONTINGENT RECEIVABLES
1. Guarantees received
a. Rupiah
b. Foreign currencies
2. Unrecognized interest income
a. Interest loan
b. Others interest
3. Others
IV. CONTINGENT PAYABLES
1. Guarantees issued
a. Rupiah
b. Foreign currencies
2. Others

RELATED PARTIES

1. Placements with other banks
a. Rupiah
b. Foreign currencies
2. Spot and derivative receivables
a. Rupiah
b. Foreign currencies
3. Securities
a. Rupiah
b. Foreign currencies
4. Securities sold Under agreements to repurchase
(Repo)
a. Rupiah
b. Foreign currencies
5. Securities purchased under resell agreements
(Reverse Repo)
a. Rupiah
b. Foreign currencies
6. Acceptances receivables
7. Loans
a. Micro, small and medium loans (UMKM)
i. Rupiah
ii. Foreign currencies
b. Non UMKM
i. Rupiah
ii. Foreign currencies
c. Restructured loans
i. Rupiah
ii. Foreign currencies
d. Property loans
8. Investments in shares
9. Temporary investment
10. Other Receivables
11. Commitments and contingencies
a. Rupiah
b. Foreign currencies
12. Repossessed assets

96,502,139
96,502,139
-

15.33%
15.33%
2.48%
17.81%
-

14.97%
14.97%
2.32%
17.29%
-

(In Millions of Rupiah)

INDIVIDUAL

30 September 2015
Loss

88,699,278
88,699,278
-

As of September 30, 2016 and December 31, 2015

(In Millions of Rupiah)

DESCRIPTION

INDIVIDUAL

142,523,927
142,523,927
11,666,667
138,158,533
138,701,670
26,248,049

STATEMENT OF COMMITMENTS AND CONTINGENCIES

INDIVIDUAL
No.

CONSOLIDATED

*) Capital Adequacy Ratio as at September 30, 2016 has been calculated based on POJK No.34/POJK.03/2016 dated September 22, 2016 regarding Minimum
Capital Adequacy Requirement for commercial Bank, Capital Adequacy Ratio as at September 30, 2015 has been calculated based on Bank Indonesia
Regulation (PBI) No.15/12/PBI/2013 dated December 12, 2013 regarding Minimum Capital Adequacy Requirement for commercial Bank.

STATEMENTS OF ASSETS' QUALITY AND OTHER INFORMATION
As of September 30, 2016 and 2015

INDIVIDUAL

RISK WEIGHTED ASSETS
527,579,736 580,671,189 498,370,438 547,540,006
CREDIT RISK - WEIGHTED ASSETS
2,027,839
MARKET RISK - WEIGHTED ASSETS
2,428,284
1,442,122
1,559,939
OPERATIONAL RISK - WEIGHTED ASSETS 92,008,869 107,636,532 78,627,774 95,640,437
621,616,444 690,736,005 578,440,334 644,740,382
TOTAL RISK WEIGHTED ASSETS
9.00%
CAR BASED ON RISK PROFILE (%)
9.00%
9.00%
9.00%

No.

Other comprehensive income current year after income tax - net

CONSOLIDATED

30 September 2015

133,734,799
133,734,799
11,666,667
132,009,417
132,551,615
25,735,164

30 September 2015

A. Interest and Sharia Income, Interest and Sharia Expenses, and Premium Income and Claim Expenses

1.
2.
3.

(In Millions of Rupiah)
30 September 2016

DESCRIPTION
30 September 2016

LIABILITIES AND EQUITY

14.
15.
16.
17.

As of September 30, 2016 and 2015

CONSOLIDATED

OPERATING INCOME AND EXPENSES

TOTAL ASSETS

1.
2.
3.
4.
5.
6.
7.
8.
9.
10.
11.
12.
13.

STATEMENTS OF CALCULATION OF CAPITAL ADEQUACY RATIO COMMERCIAL BANK *)

(In Millions of Rupiah)

CONSOLIDATED
(dalam Jutaan Rupiah)

ASSETS
1.
2.
3.
4.
5.

Leading, Trusted. Enabling growth.

: Kartika Wirjoatmodjo
: Sulaiman Arif Arianto
: Ogi Prastomiyono
: Pahala N. Mansury
: Royke Tumilaar
: Hery Gunardi
: Kartini Sally
: Ahmad Siddik Badruddin **)
: Tardi
: Rico Usthavia Frans ***)
: 60.00%
: Nill
: Nill

*) Appointment as Commissioner has received approval from Otoritas Jasa Keuangan on Fit and Proper Test and
has become effective served since the date of October 3, 2016.
**) Director of compliance
***) Appointment as Director according to the decision of Annual General Meeting on March 21, 2016, has
received approval from the Otoritas Jasa Keuangan on Fit & Proper Test and has become effective since the
date of July 20, 2016.

608,459
-

CONSOLIDATED

31 December 2015
(Audited)

4,135,500
1,078,194
-

30 September 2016

608,459
-

31 December 2015
(Audited)

4,135,500
1,078,194
-

2,404,253
985,705

9,050,393
479,761

2,404,253
985,705

9,050,393
479,761

19,287,910
1,696,591

13,272,271
2,849,730

19,287,910
1,696,591

13,272,271
2,849,730

19,361,254
73,249,395

19,669,309
59,417,877

19,361,254
74,214,939

19,669,811
59,934,634

50,135
-

80,053
-

50,135
-

80,053
-

210,000
-

2,000
-

210,000
-

2,000
-

8,214,302
3,236,972
420,008
-

7,779,251
3,112,079
462,558
-

8,220,457
3,241,703
420,008
56,119

7,812,509
3,112,079
462,558
-

1,156,280
14,619,344

831,441
18,974,250

1,156,280
14,808,504

833,784
19,187,779

7,377,224
51,949
32,729

7,933,487
51,949
32,729

7,384,501
417,720
32,729

7,939,596
1,527,323
32,729

40,097,951
38,611,902
466,302

38,889,327
47,965,496
432,992

40,145,296
39,018,658
466,302

39,048,742
48,198,074
432,992

NOTES
1) Presentation of the above published Financial Statement as at and for nine months ended
September 30, 2016 and 2015 are derived from the Consolidated Financial Statement of PT Bank
Mandiri (Persero) Tbk. and Subsidiaries (unaudited), and Consolidated Financial Statement as at and
for the years ended December 31, 2015 its subsidiaries have been audited by Purwantono, Sungkoro
& Surja ("PSS")(a member firm of Ernst & Young Global Limited) with Danil Setiadi Handaja, CPA as
partner incharge, dated January 28, 2016 with an unmodified audit opinion (formerly unqualified
opinion).
2) Published financial statements are presented to comply with Financial Services Authority
Regulation(“POJK”) No.32/POJK.03/2016 dated August 8, 2016 regarding Transparency and
Published Financial Statements of the Bank and Circular Letter of Financial Services Authority
(“SEOJK”) No.43/SEOJK.03/2016 dated September 28,2016 regarding Transparency and Published
Financial Statements of Commercial Banks and also in accordance with rule of Capital Market and
Financial Institution Supervisory Agency(“Bapepam and LK”) No.X.K.2., Attachment to Decision of
Chairman of Bapepam and LK No.Kep-346/BL/2011 dated July 5,2011 regarding Submission of
Periodic Financial Statements for Issuers or Public Companies. Financial information and statement
of cash flows included in the published financial statements have also been prepared in accordance
with Bapepam and LK regulation No.VIII.G7. Attachment to Decision of Chairman of Bapepam and
LK No.Kep-347/BL/2012 dated June 25, 2012.
3) Related Parties in the Assets' Quality and Other Information are presented in accordance with Bank
Indonesia Regulation No. 7/3/PBI/2005 dated 20 January 2005 which was amended by Bank
Indonesia Regulation No. 8/13/PBI/2006 dated 5 October 2006 regarding The Legal Lending Limit
For Commercial Banks.
4) Exchange rate of 1 US Dollar as at September 30, 2016, September 30, 2015 and December 31, 2015
were Rp13,051.00; Rp14,650.00 and Rp13,785.00 respectively.

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Jakarta, October 26, 2016
S. E & O
Board of Directors
PT Bank Mandiri (Persero) Tbk.

Kartika Wirjoatmodjo
President Director

Pahala N. Mansury
Director