60
Stated in Rp Millions
Series Interest
Rate Marked To
Market
1 FR0020 15-Dec-13
14.28 291
117.099 -
- 291
- -
291 -
- 291
1 VR0019 25-Dec-14
3.75 3,770,000
1,114,300 99.800
- 3,762,460
1,114,300 2 VR0020
25-Apr-15 4.18
- 391,029
99.169 -
- 391,029
3 VR0021 25-Nov-15
3.75 100,000
690 99.064
- 99,064
690 4 VR0022
25-Mar-16 3.75
92,844 6,796,813
99.990 -
92,835 6,796,813
5 VR0023 25-Oct-16
4.18 9,738
4,086,068 98.996
- 9,640
4,086,068 6 VR0024
25-Feb-17 3.75
- 8,210,550
98.934 -
- 8,210,550
7 VR0025 25-Sep-17
3.75 3,765,402
1,145,148 98.886
- 3,723,455
1,145,148 8 VR0026
25-Jan-18 4.18
3,475,267 -
98.887 -
3,436,587 -
9 VR0027 25-Jul-18
4.18 3,475,267
- 98.850
- 3,435,301
- 10 VR0028
25-Aug-18 3.75
5,171,695 -
100.000 -
5,171,695 -
11 VR0029 25-Aug-19
3.75 8,819,688
- 98.747
- 8,709,177
- 12 VR0030
25-Dec-19 3.75
8,016,765 -
98.729 -
7,914,872 -
13 VR0031 25-Jul-20
4.18 17,614,108
- 98.724
- 17,389,352
- -
54,310,774 21,744,598
- 53,744,439
21,744,598 -
54,310,774 21,744,889
- 53,744,439
21,744,889 0.00
71.41 28.59
0.00 71.19
28.81 76,055,663
75,489,328 Fixed Rate
Variable Rate
Total Nominal Value Fair Value
Nominal
Sub Total Total Available
For Sale Port. Total
Investment Port.
Sub Total Grand Total
Total Fair Value Maturity
Date No.
Total Trading Port.
Total Available For Sale Port.
Total Held To Maturity Portfolio
Total Trading
Port.
61
Moody’s Fitch
Outlook STABLE
Outlook POS
Long Term Rating Ba2
LT FC Issuer Default BB+
Foreign LT Bank Deposits Ba2
LT LC Issuer Default BB+
Local LT Bank Deposits Baa3
Subordinated Debt BB-
Senior Unsecured Debt WR
ST Issuer Default Rating B
Bank Financial Strength D
Individual Rating CD
Foreign Curency ST Debt NP
Support Rating 3
Local Cuurency ST Debt P-3
Standard Poor’s Pefindo
Outlook POS
Outlook STABLE
LT Foreign Issuer Credit BB+
LT General Obligation idAAA
LT Local Issuer Credit BB+
ST Foreign Issuer Credit B
ST Local Issuer Credit B
62
Dividend Payment
Net Profit for the financial year of 2010 of Rp9,218,297,786,087.18 was distributed as follows:
• 35, or Rp3,226,404,225,130.51, for the annual dividend • Total Dividend Payment of Rp138.27 per share
• Interim dividend of Rp19.64 paid on 30 December 2010 Schedule :
a. Cum Date: Regular and Negotiated Market:
June 15, 2011 Cash Market:
June 20, 2011 b. Ex Date:
Regular and Negotiated Market: June 16, 2011
Cash Market: June 21, 2011
c. Payment Date: June 30, 2011
Net Profit for the financial year of 2009 of Rp7,155,463,216,743.00 was distributed as follows:
• 35, or Rp2,504,412,132,860.05, for the annual dividend • Total Dividend Payment of Rp119.43 per share
• Interim dividend of Rp19.26 paid on 22 December 2009
63
2 2
4 ,0
2 4
3,096 2,572
8 48
16,405 943
2 4
,8 8
9
Beg. Bal. DG to 2 UG from
2 DG to
NPL UG from
NPL Net
Disburs. FX Impact End Bal.
Category 1 Loan Movements Rp bn – Bank Only
Category 2 Loan Movements Rp bn – Bank Only
1 2
,9 2
2 3,096 2,572
991 79
753 63
1 1
,8 4
4
Beg. Bal. Cat. 1 DG UG to 1 DG to
NPL NPL UG
Net Disburs.
FX Impact End Bal.
64
Loan Profile: Q3 Collectibility by Segment Bank Only
94.5 95.1
91.5 84.7
87.4 3.0
3.1 5.4
10.1 10.3
0.7 0.1
0.5 1.0
0.4 1.8
1.5 2.1
2.8 1.3
Corp Comm
Small Micro
Cons
5 4
3 2
1
104,286
71,571
25,337 8,010
31,686
3,307
2,354
1,482
959 3,742
1,998
1,166
576
269 482
10,000 20,000
30,000 40,000
50,000 60,000
70,000 80,000
90,000 100,000
110,000
Corp Comm
Small Micro
Cons Loan Profile: Q3 Collectibility Rp bn by Segment
Bank Only
65
10 20
30 40
50 60
70 Current
30 Days OD
Quarterly DG to NPL Interest DPD - Bank Only
1 1
,1 6
1 6
,9 1
1 ,1
7 7
4 ,1
6 1
,5 5
8 1
,3 4
1 ,0
3 1
1 ,6
4 4
2 3
5 7
8 3
5 6
1 1
3 4
5 3
5 9
6 3
2 5
1 ,8
5 8
1 ,9
7 5
2 9
7 4
8 2
8 3
8 5
1 6
1 7
4 5
4 5
5 2
1 ,2
8 4
3 5
7 6
5
2,000 4,000
6,000 8,000
10,000 12,000
Q 1
5 Q
2 5
Q 3
5 Q
4 5
Q 1
6 Q
2 6
Q 3
6 Q
4 6
Q 1
7 Q
2 7
Q 3
7 Q
4 7
Q 1
8 Q
2 8
Q 3
8 Q
4 8
Q 1
9 Q
2 9
Q 3
9 Q
4 9
Q 1
1 Q
2 1
Q 3
1 Q
4 1
Q 1
1 1
Q 2
1 1
Q 3
1 1
Rp Value
Quarterly NPL Stock Interest DPD - Bank Only
1 7
,4 5
6 2
4 ,9
6 2
2 4
,1 9
3 2
6 ,2
4 8
2 6
,4 2
4 2
5 ,6
6 5
2 5
,4 1
4 1
7 ,9
6 1
7 ,1
8 1
6 ,5
1 3
,6 3
1 ,6
5 4
6 ,5
5 8
6 ,5
1 6
,5 8
6 7
,8 3
3 9
,6 7
8 7
,7 6
,0 9
9 4
,5 5
3 ,5
8 9
3 ,6
6 8
3 ,9
8 5
3 ,9
2 9
4 3
1 4
2 6
1 4
9 8
3
5,000 10,000
15,000 20,000
25,000 30,000
Q 1
5 Q
2 5
Q 3
5 Q
4 5
Q 1
6 Q
2 6
Q 3
6 Q
4 6
Q 1
7 Q
2 7
Q 3
7 Q
4 7
Q 1
8 Q
2 8
Q 3
8 Q
4 8
Q 1
9 Q
2 9
Q 3
9 Q
4 9
Q 1
1 Q
2 1
Q 3
1 Q
4 1
Q 1
1 1
Q 2
1 1
Q 3
1 1
Rp Value
Excluding Micro Consumer Loans Only
10 20
30 40
50 60
70 Current
30 Days OD
66 2
9 ,5
4 2
2 3
,9 8
7 2
1 ,0
4 5
1 9
,4 2
7 2
,9 1
4 2
,6 4
5 1
6 ,5
6 1
7 ,1
4 1
6 ,0
4 6
1 5
,2 7
1 1
6 ,2
7 8
1 5
,3 3
4 1
4 ,1
3 1
1 3
,6 4
6 1
3 ,5
4 6
2 2
A d
d D
e d
u ct
2 3
A d
d D
e d
u ct
2 4
A d
d D
e d
u ct
2 5
A d
d D
e d
u ct
2 6
A d
d D
e d
u ct
2 7
A d
d D
e d
u ct
2 8
A d
d D
e d
u ct
2 9
A d
d D
e d
u ct
Q 1
1 A
d d
D e
d u
ct Q
2 1
A d
d D
e d
u ct
Q 3
1 A
d d
D e
d u
ct Q
4 1
A d
d D
e d
u ct
Q 1
1 1
A d
d D
e d
u ct
Q 2
1 1
A d
d D
e d
u ct
Q 3
1 1
Others Write-Offs
Repayments Restructuring
Balance
IDR bn
Others includes partial payments, FX impacts, and fluctuation in Working Capital facilities
Loans by Restructuring Type in Q3 2011
Maturity extension;
46.9
Maturity extension
wreduced rates; 2.0
Maturity extension
wother restrg;
49.1 LT loans
wconvert; 1.4
Additional loans; 0.7
Other Restructuring includes reduction of interest rates, rescheduling of unpaid interest extension of repayment period for unpaid interest
Restructured Loan Movement 2002 - 2011
Rp billions Q1
Q Q3
Q4 Q1
Q2 Q3
Loans Restructured
33 149
253 732
4 16
- NPL
Collections 141
96 101
221 104
143 222
67
Plantations 14
Mfg-Oth 13
Bus Serv 11
Mfg-FB 10
Others 9
Trad-Ret 7
Trad-Distr 7
Trans 7
Mfg-Chem 6
Oil Gas 6
Constr 5
Electricity 5
Plantations Mfg-Oth
Bus Serv Mfg-FB
Others Trad-Ret
Trad-Distr Trans
Mfg-Chem Oil Gas
Constr Electricity
1 Non-consolidated numbers Each sector 4
Excluding Micro Consumer Loans Only
68
3 4
5
90 Days 61-90 Days
Current
Trad-Ret Mfg-Text
Trad-Distr Roads Bridge
Trad-Oth Others
USD IDR
Invest WC
Comm Corp
Small
10 20
30 40
50 60
70 80
90 100
Collect. Int. Aging
Sector Currency
Purpose Segment
Loan Profile: Q3 NPL Downgrades Only Rp605.2bn Bank Only
Excluding Micro Consumer Loans Only
Corporate, Commercial Small Business loans downgraded to NPL in
Q3 totaled Rp605.2 billion. Of these loans:
37 were current on interest
payments or less than 30 days
46.7 came from our Small Business portfolio
Largest downgrades by sector:
Retail Trading
Textile Manufacturing
Distribution Trading
64.7 were IDR loans
96.3 were Working Capital loans
61.6 were more than 90 days
overdue in interest payments
69
3 4
5
30 Days 90 Days
61-90 Days
Trad-Distr Mfg-Chem
Trad-Ret Mfg-Metal
Trad-Dom Mass Trans
Mfg-Text Constr
Mfg-Oth Others
Bus Serv
USD IDR
Invest Program
WC
Comm Corp
Small
10 20
30 40
50 60
70 80
90 100
Collect. Int. Aging
Sector Currency
Purpose Segment
Loan Profile: Q3 Non-Performing Loans Only Rp4,983Bn Bank Only
Excluding Micro Consumer Loans Only
18.9 remain current on interest
payments and an additional 10.3 are less than 90 days overdue
55.6 are to Corporate customers
78.1 are Working Capital loans and
21.3 are Investment loans
Primary sectors are:
Distribution Trading
Chemical Manufacturing
Retail Trading
Metal Manufacturing g
63.3 are Rp loans
19.3 are Cat. 3 5.6 are Cat. 4
0.1 were upgraded in Q3, while 66.4 saw no change in collectibility
Corporate, Commercial Small Business NPLs totaled Rp4,983 Billion in
Q3. Of these NPLs in Q3:
70
Comm Corp
Small
30 Days 1 Day
31-60 Days 61+ Days
Current
Trad-Ret Trad-Distr
Mfg-Chem Mfg-FB
Constr Bus Serv
Others
USD IDR
Consumer Invest
2000 2004
2000-2004
10 20
30 40
50 60
70 80
90 100
Segment Days Aging
Sector Currency
Purpose Origin Year
Loan Profile: Q3 Downgrades to Cat 2 Only Rp1,430Bn Bank Only
Excluding Micro Consumer Loans Only
Rp1,430 Billion in Corporate, Commercial Small
Business loans were downgraded to Category 2 in Q3. Of the Special
Mention Loans downgraded:
54.8 are for Small Business 25.4 are to Commercial customers
10.9 are current 1.9 are 1 day
overdue in interest payments
Primary sectors downgraded are:
Retail Trading
Distribution Trading
Manufacturing Chemical
99.5 are Rupiah loans
77.9 are Working Capital loans
71
Comm Corp
Small
30 Days 1 Day
31-60 Days 61+ Days
Current
Mfg-Text Mfg-NonM
Mfg-Chem Mfg-oth
Trad-Ret Trad-HR
Mining Agri
Others
USD IDR
Consumer Invest
WC
2000 2004
2000-2004
10 20
30 40
50 60
70 80
90 100
Segment Days Aging
Sector Currency
Purpose Origin Year
Loan Profile: Q3 Category 2 Loans Only Rp7,144 bn Bank Only
Excluding Micro Consumer Loans Only
Rp7,144 billion in Corporate, Commercial Small
Business loans were in Category 2 in Q3. Of these Special Mention loans:
46.3 are to Corporate customers
61.7 are current or 1 day
overdue, with an additional 20.8 less than 30 days overdue
Primary sectors in Category 2 are:
Textile Manufacturing
Non Metal Manufacturing
Chemical Manufacturing
72.6 are IDR loans
54.1 are Working Capital loans
79.0 were Category 2 in
Q
72
1 2
Comm Small
Trad-Distr Trad-Ret
Trad-Dom Mfg-Text
Constr Bus Serv
Others
USD IDR
Invest WC
2000 2004
2000-2004
10 20
30 40
50 60
70 80
90 100
Collect. Segment
Sector Currency
Purpose Origin Year
Loan Profile: Q3 Upgrades to PL Rp66.1 bn Bank Only
Excluding Micro Consumer Loans Only
Corporate, Commercial Small Business loans upgraded to PL in Q3
totaled Rp66.1 billion. Of these loans:
56.7 were to Commercial borrowers
64.5 originated later than 2004
Largest upgrades by sector:
Distribution Trading
Textile Manufacturing
Retail Trading
86.6 were IDR loans
67.1 were Working Capital loans
43.4 of upgrades to PL were NPLs moving to Category 2
73
1 2
Comm Corp
Small
Plantations Mfg-Oth
Bus Serv Mfg-FB
Trad-Ret Trad-Distr
Trans Mfg-Chem
Mining-Oil Gas
Electricity Others
USD IDR
Export Invest
Synd WC
2000 2004
2000-2004
10 20
30 40
50 60
70 80
90 100
Collect. Segment
Sector Currency
Purpose Origin Year
Loan Profile: Q3 Performing Loans Only Rp208,337bn Bank Only
Excluding Micro Consumer Loans Only
Rp208,337bn in Corporate, Commercial Small Business loans were
performing in Q3. Of these performing loans:
51.6 are to Corporate customers
35.5 are to Commercial customers
88.5 originated since 2005
Primary sectors are:
Plantation
Business Services
Food Beverage Mfg
79.5 are Rupiah loans
56.2 are Working Capital loans
0.03 were upgraded from NPL
74
1 2
3 5
30 Days 61-90 Days
Current
Mfg-PP Trading
Mfg-Oth Mfg-NonM
Mfg-Metal Plantations
Trans Constr
Others
USD IDR
Invest WC
Comm Corp
Small
10 20
30 40
50 60
70 80
90 100
Collect. int Aging
Sector Currency
Purpose Segment
Loan Profile: Q3 Restructured Loans Only Rp13,534bn Bank Only
Of the remaining Rp13,534 billion in restructured Corporate, Commercial
Small Business loans in Q3 :
Excluding Micro Consumer Loans Only
93.4 are performing
90.9 of Restructured Loans are
current in interest payments
Primary sectors are:
Manufacturing •
Textiles •
Chemicals •
Pulp Paper
Trading
61.7 are Rupiah loans
62.5 are Working Capital loans
77.9 are to Corporate customers
2.0 deteriorated in collectability
5.2 showed improved collectability
75
97.5 are performing loans, with
3.0 in Category 2
91.5 of Category 2 loans are
current in interest payments
29.8 of NPLs are current in interest
payments
Primary sectors in Corporate are:
Plantation
Food Beverage Mfg
Oil-Gas
70.2 are Rupiah loans
46.8 are Investment loans; 48.2
are Working Capital loans
Loan Profile: Q3 Corporate Loans Only Rp110,366 bn Bank Only
Rp110,366billion in loans were in the Corporate portfolio in Q3. Of the
Corporate Loans in Q3:
1 2
3 5
61+ Days Current
Others Plantations
Mfg-FB Mfg-Oth
Mining-Oil Gas
Trading Electricity
Mfg-Chem Constr
USD IDR
Export Invest
Program Synd
WC
2000 2004
2000-2004
10 20
30 40
50 60
70 80
90 100
Collect. Cat. 2 Aging
Sector Currency
Purpose Origin Year
76
1 2
5
30 Days 1 Day
31-60 Days 61+ Days
Current
Mfg-Chem Mfg-FB
Mfg-Metal Mfg-oth
Trad-Distr Trad-oth
Bus Serv Plantations
Mass Trans Constr
Others
USD IDR
Export Invest
WC
2000 2004
2000-2004
10 20
30 40
50 60
70 80
90 100
Collect. Cat. 2 Aging
Sector Currency
Purpose Origin Year
98.2 are performing loans, with
3.1 in Category 2
47.1 of Category 2 loans are
current in interest payments
4.8 of NPLs are current in interest
payments
Primary sectors in Commercial are:
Business Service
Distribution
Chemical Manufacturing
Plantations
84.7 are Rupiah loans
61.3 are Working Capital loans
Loan Profile: Q3 Commercial Loans Only Rp75,264bn Bank Only
Rp75,264billion in loans were in the Commercial portfolio in Q3. Of the
Commercial Loans in Q3:
77
1 2
3 5
30 Days 1 Day
31-60 Days 61+ Days
Current
Trad-Ret Trad-Distr
Plantations Mfg
Bus Serv Constr
Others
IDR
Consumer Program
2000 2004
2000-2004
10 20
30 40
50 60
70 80
90 100
Collect. Cat. 2 Aging
Sector Currency
Purpose Origin Year
96.9 are performing loans, with
5.4 in Category 2
15.5 of Category 2 loans are
current in interest payments
6.0 of NPLs are current in interest
payments
Primary sectors in Small Business
are:
Retail Trading
Distribution
Plantations
99.7 are Rupiah loans
77.7 are Working Capital loans
Loan Profile: Q3 Small Business Loans Only Rp27,691bn Bank Only
Rp27,691 billion in loans were in the Small Business portfolio in Q3. Of the
Small Business Loans in Q3:
Excluding Micro Consumer Loans Only
78
1 2
4
5
30 Days
1 Day
31-60 Days 61+ Days
Current
Plantations Mfg-Oth
Bus Serv Mfg-FB
Trad-Distr Trad-Ret
Mfg-Chem Comm
Constr Others
Comm Corp
Small
Consumer Invest
Synd WC
2000 2004
2000-2004
10 20
30 40
50 60
70 80
90 100
Collect. Cat. 2 Aging
Sector Segment
Purpose Origin Year
98.1 are performing loans, with
3.1 in Category 2
53.0 of Category 2 loans are
current in interest payments
4.1 of NPLs are current in interest
payments
Primary sectors in Rupiah loans are:
Plantations
Business Serices
Food Beverage Mfg
Distribution trading
45.9 are Corporate loans
61.1 are Working Capital loans
Loan Profile: Q3 Rupiah Loans Only Rp168,880bn Bank Only
Rp168,880 billion in loans were Rupiah denominated in Q2. Of the Rupiah
Loans in Q2:
Excluding Micro Consumer Loans Only
79
1 2
5
30 Days
1 Day
31-60 Days 61+ Days
Current
Mining-Oil Gas
Others Trad-oth
Plantations Mfg-FB
Mass Trans Mining-Coal
Mfg-Chem Utilities
Comm Corp
Small
Export Invest
Synd
2000 2004
2000-2004
10 20
30 40
50 60
70 80
90 100
Collect. Cat. 2 Aging
Sector Segment
Purpose Origin Year
95.9 are performing loans
82.6 of Category 2 loans are
current in interest payments
44.5 of NPLs are current in interest
payments
Primary sectors in FX loans are:
Oil Gas
Trading
Plantations
Food Beverage Mfg
74.0 are Corporate loans
49.5 are Investment loans ; 39.9
are Working Capital loans
Loan Profile: Q3 FX Loans Only Rp44,442bn Bank Only Rp44,442 billion in loans were FX
denominated in Q3. Of the FX Loans in Q3:
Excluding Micro Consumer Loans Only
80
Mandiri Credit Card Delinquency Rates
75.6
62.6 59.1
53.8 46.4
56.6 69.7
68.1 81.6
93.4 87.9
95.8 105.8
104.8 101.8
32.6 40.8
37.5 37.1
29.7 28.6
43.5 45.7
57.3 53.5
63.0 65.6
65.5
6.9 8.8
13.9 14.5
17.6 16.9
24.4 23.6
36.0
10.8 13.1
12.5
Q 4
5 Q
4 6
Q 1
7 Q
2 7
Q 3
7 Q
4 7
Q 1
8 Q
2 8
Q 3
8 Q
4 8
Q 1
9 Q
2 9
Q 3
9 Q
4 9
Q 1
1 Q
2 1
Q 3
1 Q
4 1
Q 1
1 1
Q 2
1 1
Q 3
1 1
NPLs 90+DPD Write-Offs
Recoveries
Quarterly Charge-offs, NPLs Recoveries Rp Bn
10.2 8.8
6.7 5.4
4.2 5.2
4.8 5.3
5.2 5.7
5.4 5.1
5.3 4.3
3.5 2.8
2.2 2.5
2.5 2.7
2.6 2.7
3.0 2.8 2.6
5.0 4.8
3.9 3.3
2.4 2.4
2.2 2.2
2.1 2.2
2.2 2.4
2.5 2.0
1.8 1.3
1.2 1.1
1.1 1.0
1.1 1.1
Q 4
5 Q
4 6
Q 1
7 Q
2 7
Q 3
7 Q
4 7
Q 1
8 Q
2 8
Q 3
8 Q
4 8
Q 1
9 Q
2 9
Q 3
9 Q
4 9
Q 1
1 Q
2 1
Q 3
1 Q
4 1
Q 1
1 1
Q 2
1 1
Q 3
1 1
30 DPD - Rp 90 DPD - Rp
30 DPD - Cards 90 DPD - Cards
St a
ff in
g an
d D
is tr
ib u
ti o
n N
e tw
o rk
G ro
w th
17,204 17,735
18,397 19,693
21,192 21,062
21,631 22,408
22,909 23,445
24,282 24,954
25,236 25,706
26,327 27,305
2001 2002
2003 2004
2005 2006
2007 2008
2009 Q1 10
Q2 10 Q310
Q410 Q1,11
Q2,11 Q3, 11
635 687
730 789
909 924
956 1,027
1,095 1,108
1,180 1,296
1,370 1,381
1,442 1,526
2001 2002
2003 2004
2005 2006
2007 2008
2009 Q1 10
Q2 10 Q3 10
Q4 10 Q111
Q211 Q311
3,160 4,000
4,716 5,537
6,025 6,265
7,041 7,851
12,666 14,165
14,359 14,822
18,321 18,581
18,939 21,478
2001 2002
2003 2004
2005 2006
2007 2008
2009 Q1 10
Q2 10 Q3 10
Q4 10 Q111
Q211 Q311
1,184 1,559
2,022 2,470
2,560 2,800
3,186 4,120
4,996 4,997
5,224 5,495
6,496 6,505
8,480 8,993
2001 2002
2003 2004
2005 2006
2007 2008
2009 Q1 10
Q2 10 Q310
Q410 Q111
Q211 Q3,11
E m
p lo
ye e
s
D o
m e
st ic
B ran
ch N
e tw
o rk
A T
M N
e tw
o rk
A T
M -L
in k
N e
tw o
rk
Lo an
g ro
w th
, q
u al
it y
p ro
vi si
o n
in g
r e
lat iv
e t
o p
e e
rs
B an
k O
n ly
, A
s o
f Ju
n e
2 1
1
329 189
173 121
101 96
94 90
73 39
BCA Mandiri
BRI BNI
BII CIMB Niaga
Danamon Permata
Panin BTN
Rati o
of Prov
is ions
to NPL
265,820 242,409
159,762 148,321
113,044 82,089
63,677 56,824
54,609 53,034
BRI Mandiri
BCA BNI
CIMB Niaga Danamon
Panin Permata
BII BTN
T otal
Loans Rp
bn
12.3 11.6
