MARKETABLE SECURITIES MARKETABLE SECURITIES continued

PT BANK MANDIRI PERSERO Tbk. AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS As of December 31, 2015 and for the year then ended Expressed in millions of Rupiah, unless otherwise stated 78

7. MARKETABLE SECURITIES continued

c. By remaining period to maturity: December 31, December 31, 2015 2014 Marketable securities Rupiah: No maturity date 1,883,196 1,823,931 ≤ 1 year 6,281,973 10,668,922 1 ≤ 5 years 11,763,956 6,358,971 5 10 years 400,000 143,000 Total 20,329,125 18,994,824 Foreign currencies: ≤ 1 year 2,532,755 1,423,613 1 ≤ 5 years 1,414,964 889,588 5 10 years 4,854,512 4,018,188 Total 8,802,231 6,331,389 Investments in unit-linked Rupiah: No maturity date 15,135,665 15,481,920 ≤ 1 year 12,668 - ≥ 1 ≤ 5 years 23,846 20,148 5 ≤ 10 years - 22,877 Total 15,172,179 15,524,945 44,303,535 40,851,158 Less: Unamortised discounts 1,984 3,553 Unrealised loss on decrease in fair value of securities 350,818 80,668 Allowance for impairment losses 309,169 301,779 661,971 386,000 43,641,564 40,465,158 Investments in unit-linked contracts are investments owned by policyholders of Subsidiary’s unit-linked contracts, PT AXA Mandiri Financial Services, which are presented at fair value. d. By issuer: December 31, December 31, 2015 2014 Marketable securities Corporate 19,813,436 16,459,149 Central Bank 2,807,843 5,385,943 Banks 4,171,897 3,016,163 Government 2,338,180 464,958 29,131,356 25,326,213 PT BANK MANDIRI PERSERO Tbk. AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS As of December 31, 2015 and for the year then ended Expressed in millions of Rupiah, unless otherwise stated 79

7. MARKETABLE SECURITIES continued

d. By issuer continued: December 31, December 31, 2015 2014 Investments in unit-linked contracts Banks 3,966,025 4,214,249 Corporate 11,206,154 11,310,696 15,172,179 15,524,945 Total 44,303,535 40,851,158 Less: Unamortised discounts 1,984 3,553 Unrealised loss on decrease in fair value of securities 350,818 80,668 Allowance for impairment losses 309,169 301,779 661,971 386,000 Net 43,641,564 40,465,158 Investments in unit-linked contracts are investments owned by policyholders of Subsidiary’s unit-linked contracts which are presented at fair value. e. Details of bonds by rating: Rating Fair valueat costamortised cost December 31, December 31, December 31, December 31, Rating Agencies 2015 2014 2015 2014 Rupiah Fair value through profit or loss Marketable securities Bonds PT Sarana Multigriya Finansial Persero Pefindo idAA+ - 45,000 - PT Adira Dinamika Multifinance Tbk. Pefindo idAAA idAAA 34,255 43,968 PT Federal International Finance Pefindo idAAA idAA+ 14,946 38,059 PT Bank Maybank Indonesia Tbk. Pefindo idAAA idAAA 10,942 10,933 PT Bank OCBC NISP Tbk. Pefindo idAAA idAAA 9,977 9,797 PT Aneka Tambang Persero Tbk. Pefindo - idA - 6,451 PT Sumberdaya Sewatama Pefindo - idA - 982 Others Various Various Various 1,604,046 449,148 1,719,166 559,338 Information on rating of bonds were obtained from Bloomberg, which is based on ratings issued by the rating agencies, such as Pemeringkat Efek Indonesia Pefindo, Standard and Poor’s, Moody’s and Fitch Ratings. Bonds classified as fair value through profit or loss mainly consist of treasury bills Surat Perbendaharaan Negara which has no rating. PT BANK MANDIRI PERSERO Tbk. AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS As of December 31, 2015 and for the year then ended Expressed in millions of Rupiah, unless otherwise stated 80

7. MARKETABLE SECURITIES continued