PT BANK MANDIRI PERSERO Tbk. AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DECEMBER 2009, 2008 AND 2007
Expressed in millions of Rupiah, unless otherwise stated
Appendix 5106 33. MANAGEMENT STOCK OPTION PLAN continued
2007
Number of options
Weighted average fair value of options
full amount Weighted average
excercise price of options
full amount Value of Options
Option outstanding at beginning of the year
368,782,533 521.62
1,383.41 105,330
Option granted during the year Note 41
- -
- 87,034
Option exercised during the year 181,547,707
468.44 1,318.48
85,044 Options that can be exercised at the
end of the year 187,234,826
573.18 1,500.62
107,320
34. INTEREST INCOME
Interest income was derived from the following:
2009 2008
2007
Loans 21,063,743
15,958,332 12,629,787
Government Bonds 7,437,326
7,798,646 7,418,237
Marketable securities 2,198,833
1,624,862 1,759,699
Fees and commissions 958,705
839,750 695,800
Placements with Bank Indonesia and other banks 474,577
662,042 755,716
Consumer financing income 255,617
- -
Others 210,163
452,605 669,310
32,598,964 27,336,237
23,928,549
Included in interest income from loans and others is income based on sharia principle for the years ended 31 December 2009, 2008 and 2007 amounting to Rp1,770,270, Rp1,555,619 and Rp1,051,145,
respectively, with these following details:
2009 2008
2007
Murabahah income 940,223
824,275 553,286
Musyarakah income 336,320
260,521 200,090
Others 493,727
470,823 297,769
1,7 70,270 1,555,619
1,051,145
35. INTEREST EXPENSE
Interest expense was incurred on the following:
2009 2008
2007
Time deposits 9,861,521
7,021,740 6,466,082
Savings deposits 2,538,889
2,578,878 2,310,034
Demand deposits 1,852,012
1,385,656 1,251,732
Insurance premiums on third party funds guarantee program Note 59
580,972 484,980
430,478 Fund borrowings
457,632 569,958
332,657 Marketable securities issued
60,563 178,442
269,636 Subordinated loans
48,752 70,012
162,473 Others
274,872 81,751
207,580 15,675,213
12,371,417 11,430,672
Included in interest expense from time and savings deposits is expense based on sharia principle for the years ended 31 December 2009, 2008 and 2007 amounting to Rp897,436, Rp745,667 and
Rp307,424, respectively.
PT BANK MANDIRI PERSERO Tbk. AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DECEMBER 2009, 2008 AND 2007
Expressed in millions of Rupiah, unless otherwise stated
Appendix 5107 36. OTHER OPERATING INCOME - OTHERS
2009 2008
2007
Income from loan written-off 131,658
133,992 90,900
Income from penalty 80,872
64,036 90,911
Stamp duty income 44,198
45,362 42,823
Safety deposit box 20,888
20,461 18,801
Others 258,447
176,559 157,834
536,063 440,410
401,269
37. ALLOWANCE FOR POSSIBLE LOSSES ON EARNING ASSETS
