CURRENT ACCOUNTS WITH OTHER BANKS
6. PLACEMENTS WITH OTHER BANKS Continued
a. By Type and Currency continued: 2002 2001 Foreign Currency Call Money: JP Morgan Chase, New York 1,687,075 - ABN AMRO Bank, New York 900,370 - Wachovia Bank N.A, New York 891,420 - Sumitomo Bank, Singapore 223,750 - Bank One International, London 143,648 10,400 Indosesische Overzeese Bank, Singapore 68,020 - Credit Agricole Indosuez, Singapore 53,700 - Hongkong Shanghai Bank Corporation, London 51,135 76,763 Banca Nazionale Del Lavoro, Singapore and London 49,225 260,000 Lloyds TSB Bank, London 44,750 158,600 Bank Internasional Indonesia, Jakarta - 197,600 Société Généralé, Hong Kong - 182,000 Bank Negara Indonesia, London - 179,430 Overseas Union Bank, Singapore - 135,200 Commerzbank, Singapore - 91,000 Others 232,513 509,977 4,345,606 1,800,970 “Fixed-term” placements: Wachovia Bank, London 268,500 - Den Norske Bank, Norway 141,768 - Sumitomo Mitsui Banking Corporation, Singapore 134,250 - BNP Paribas, Hong Kong 134,250 135,328 Standard Chartered Bank, Singapore 61,925 - JP Morgan Chase Bank, New York - 9,667,320 DBS Bank, Singapore - 101,826 Standard Chartered Bank, Singapore - 25,870 Others 23,717 905,352 764,410 10,835,696 Time deposits: United Overseas Banking, Singapore 89,500 - Bank Negara Indonesia, Hong Kong 62,650 - Banca Nazionale, Singapore 53,700 - ABN Amro Bank, Hong Kong 23,526 - Tokai Bank, Singapore - 145,738 Indosesische Overzeese Bank, Singapore - 48,926 Standard Chartered Bank, Singapore - 34,868 Others 15,323 10,410 244,699 239,942 Others - 687 Total foreign currency 5,354,715 12,877,295 Total placements with other banks 14,898,137 35,622,816 Less: Allowance for possible losses 51,317 134,463 14,846,820 35,488,353 PT BANK MANDIRI PERSERO AND SUBSIDIARIES Notes to the Consolidated Financial Statements Continued December 31, 2002 and 2001 Expressed in millions of Rupiah, unless otherwise stated - 28 -6. PLACEMENTS WITH OTHER BANKS Continued
b. By Collectibility: 2002 2001 Current 14,897,969 35,622,648 Loss 168 168 Total 14,898,137 35,622,816 Less: Allowance for possible losses 51,317 134,463 14,846,820 35,488,353 c. Bank Mandiri has no placements with related party banks. d. Annual Average Interest Rates for the Year: 2002 2001 Rupiah 11.77 14.31 Foreign currency 2.08 4.29 e. The placements with other banks are for the periods ranging from 1 to 365 days and 1 to 180 days in 2002 and 2001, respectively. f. A placement amounting to Rp141,768 and Rp164,736 as of December 31, 2002 and 2001, respectively is a pledge cash collateral for a bank guarantee in favor of a borrower of Bank Mandiri Note 48. g. Movements of Allowance for Possible Losses on Placements with Other Banks: 2002 2001 Balance at beginning of year 134,463 80,597 Reversalprovision during the year 50,691 66,838 Others 32,455 12,972 Balance at end of year 51,317 134,463 Includes foreign currency translation. The minimum allowances for possible losses on placements with other banks, under the guidelines prescribed by Bank Indonesia, as of December 31, 2002 and 2001 are Rp51,317, and Rp134,463, respectively. Management believes that the allowance for possible losses on placements with other banks is adequate.Parts
» 2002 12 Full Audited Financial Statements w Notes
» GENERAL 2002 12 Full Audited Financial Statements w Notes
» GENERAL Continued 2002 12 Full Audited Financial Statements w Notes
» SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
» SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Continued
» BANK MANDIRI MERGER AND RECAPITALIZATION
» BANK MANDIRI MERGER AND RECAPITALIZATION Continued
» BANK MANDIRI MERGER AND RECAPITALIZATION Continued CURRENT ACCOUNTS WITH BANK INDONESIA
» CURRENT ACCOUNTS WITH OTHER BANKS
» CURRENT ACCOUNTS WITH OTHER BANKS Continued PLACEMENTS WITH OTHER BANKS
» PLACEMENTS WITH OTHER BANKS Continued
» PLACEMENTS WITH OTHER BANKS Continued SECURITIES
» SECURITIES Continued SECURITIES Continued
» SECURITIES Continued 2002 12 Full Audited Financial Statements w Notes
» GOVERNMENT BONDS Continued 2002 12 Full Audited Financial Statements w Notes
» TRADE DOCUMENTS AND OTHER FACILITIES
» TRADE DOCUMENTS AND OTHER FACILITIES Continued
» SECURITIES PURCHASED WITH AGREEMENTS TO RESELL
» DERIVATIVE RECEIVABLES AND PAYABLES DERIVATIVE RECEIVABLES AND PAYABLES Continued
» DERIVATIVE RECEIVABLES AND PAYABLES Continued LOANS LOANS Continued
» LOANS Continued 2002 12 Full Audited Financial Statements w Notes
» LOANS Continued LOANS Continued
» LOANS Continued ACCEPTANCES RECEIVABLE
» ACCEPTANCES RECEIVABLE Continued INVESTMENTS IN SHARES OF STOCK
» INVESTMENTS IN SHARES OF STOCK Continued
» INVESTMENTS IN SHARES OF STOCK Continued PREMISES AND EQUIPMENT PREMISES AND EQUIPMENT Continued
» PREMISES AND EQUIPMENT Continued
» OTHER ASSETS 2002 12 Full Audited Financial Statements w Notes
» OTHER ASSETS Continued 2002 12 Full Audited Financial Statements w Notes
» DEPOSITS FROM CUSTOMERS - DEMAND DEPOSITS DEPOSITS FROM CUSTOMERS - SAVINGS DEPOSITS
» DEPOSITS FROM OTHER BANKS - DEMAND DEPOSITS
» DEPOSITS FROM OTHER BANKS - INTER-BANK CALL MONEY
» DEPOSITS FROM OTHER BANKS - TIME DEPOSITS AND CERTIFICATES OF DEPOSIT Continued
» SECURITIES SOLD WITH AGREEMENT TO REPURCHASE
» ACCEPTANCES PAYABLE 2002 12 Full Audited Financial Statements w Notes
» SECURITIES ISSUED 2002 12 Full Audited Financial Statements w Notes
» SECURITIES ISSUED Continued FUND BORROWINGS
» FUND BORROWINGS Continued 2002 12 Full Audited Financial Statements w Notes
» ALLOWANCE FOR POSSIBLE LOSSES ON COMMITMENTS AND CONTINGENCIES
» ALLOWANCE FOR POSSIBLE ON COMMITMENTS AND CONTINGENCIES Continued
» Corporate income tax expense
» TAXATION Continued c. Corporate income tax expense - current
» TAXATION Continued c. Corporate income tax expense - current continued
» Corporate income tax expense - deferred
» TAXATION CONTINUED e. Deferred tax assets
» OTHER LIABILITIES 2002 12 Full Audited Financial Statements w Notes
» OTHER LIABILITIES Continued SUBORDINATED LOANS
» SUBORDINATED LOANS Continued 2002 12 Full Audited Financial Statements w Notes
» SUBORDINATED LOANS Continued SUBORDINATED LOANS Continued
» LOAN CAPITAL 2002 12 Full Audited Financial Statements w Notes
» LOAN CAPITAL Continued 2002 12 Full Audited Financial Statements w Notes
» MINORITY INTERESTS IN NET ASSETS OF CONSOLIDATED SUBSIDIARIES SHAREHOLDER’S EQUITY
» SHAREHOLDER’S EQUITY Continued
» INTEREST INCOME 2002 12 Full Audited Financial Statements w Notes
» INTEREST EXPENSE 2002 12 Full Audited Financial Statements w Notes
» OTHER FINANCING EXPENSES 2002 12 Full Audited Financial Statements w Notes
» PROVISIONREVERSAL OF ALLOWANCE FOR POSSIBLE LOSSES ON EARNING ASSETS
» GAINLOSS FROM INCREASEDECREASE IN VALUE OF SECURITIES AND GOVERNMENT BONDS
» GAIN FROM SALE OF SECURITIES AND GOVERNMENT BONDS
» GENERAL AND ADMINISTRATIVE EXPENSES SALARIES AND EMPLOYEE BENEFITS
» SALARIES AND EMPLOYEE BENEFITS Continued PENSION PLAN AND EMPLOYEE SERVICE ENTITLEMENTS
» PENSION PLAN AND EMPLOYEE SERVICE ENTITLEMENTS Continued
» OTHER OPERATING INCOME - OTHERS
» OTHER OPERATING EXPENSES - OTHERS
» NON-OPERATING INCOMEEXPENSES - NET
» COMMITMENTS AND CONTINGENCIES 2002 12 Full Audited Financial Statements w Notes
» COMMITMENTS AND CONTINGENCIES Continued
» FOREIGN CURRENCY TRANSACTIONS 2002 12 Full Audited Financial Statements w Notes
» BANK GUARANTEES RECEIVED AND ISSUED AND STANDBY LETTERS OF CREDIT Continued
» RISK MANAGEMENT 2002 12 Full Audited Financial Statements w Notes
» RISK MANAGEMENT Continued 2002 12 Full Audited Financial Statements w Notes
» MATURITY PROFILE 2002 12 Full Audited Financial Statements w Notes
» NET OPEN POSITION 2002 12 Full Audited Financial Statements w Notes
» CAPITAL ADEQUACY RATIO 2002 12 Full Audited Financial Statements w Notes
» NON-PERFORMING EARNINGS 2002 12 Full Audited Financial Statements w Notes
» SEGMENT INFORMATION 2002 12 Full Audited Financial Statements w Notes
» SEGMENT INFORMATION Continued 2002 12 Full Audited Financial Statements w Notes
» CUSTODIAL AND TRUST OPERATIONS
» CUSTODIAL AND TRUST OPERATIONS Continued
» CHANNELING LOANS 2002 12 Full Audited Financial Statements w Notes
» RELATED PARTY 2002 12 Full Audited Financial Statements w Notes
» RELATED PARTY TRANSACTIONS Continued SIGNIFICANT AGREEMENTS, COMMITMENTS AND CONTINGENCIES
» SIGNIFICANT AGREEMENTS, COMMITMENTS AND CONTINGENCIES Continued
» SIGNIFICANT AGREEMENTS, COMMITMENTS AND CONTINGENCIES Continued ECONOMIC CONDITIONS
» ECONOMIC CONDITIONS 2002 12 Full Audited Financial Statements w Notes
» ECONOMIC CONDITIONS Continued 2002 12 Full Audited Financial Statements w Notes
» GOVERNMENT GUARANTEE OF OBLIGATIONS OF LOCALLY INCORPORATED BANKS
» SUBSEQUENT EVENTS SUMMARY OF SIGNIFICANT DIFFERENCES BETWEEN ACCOUNTING PRINCIPLES
» SUMMARY OF SIGNIFICANT DIFFERENCES BETWEEN ACCOUNTING PRINCIPLES
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