PT BANK MANDIRI PERSERO Tbk. AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DECEMBER 2011 AND 2010
Expressed in millions of Rupiah, unless otherwise stated
Appendix 563 8. GOVERNMENT BONDS continued
c. Other Information continued
As at 31 December 2011 and 2010, Government Bonds with a total nominal amount of Rp6,658,679 and Rp5,254,163 had been pledged as collateral for fund borrowing from other bank
Note 27d.
In relation to the transition rule implementation of SFAS 50 Revised 2006 and SFAS 55 Revised 2006 effective on 1 January 2010, the Bank had the opportunity to reassess and reclassify their
financial assets classification without consequences of “tanting rule”. As at 1 January 2010, the Bank decided to reclassify its Government Bonds amounting Rp38,000,000 from Held to Maturity
to Available for Sale classification. The reclassification was done based on the fair value as at 1 January 2010 and the unrealised losses from decrease in fair value of marketable securities
amounting to Rp404,255 was recorded as unrealised loss on decrease in fair value of securities and Government Bonds classified as available for sale, net of deferred tax.
9. OTHER RECEIVABLES - TRADE TRANSACTIONS
a. By Type, Currency, Related Parties and Third Parties:
2011 2010
Rupiah: Related parties Note 51
Usance LC payable at sight 14,705
457,435 Others
1,266,099 -
1,280,804 457,435
Third parties Usance LC payable at sight
340,078 1,575,921
Others 560,621
171,346 900,699
1,747,267 Total Rupiah
2,181,503 2,204,702
Foreign currencies: Related parties Note 51
Usance LC payable at sight 1,442,333
107,365 Others
29,574 -
1,471,907 107,365
Third parties Usance LC payable at sight
1,018,070 724,860
Others 1,219,810
684,986 2,237,880
1,409,846 Total foreign currencies Note 57B.v
3,709,787 1,517,211
Total 5,891,290
3,721,913 Less: Allowance for impairment losses
1,079,302 1,146,327
4,811,988 2,575,586
PT BANK MANDIRI PERSERO Tbk. AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DECEMBER 2011 AND 2010
Expressed in millions of Rupiah, unless otherwise stated
Appendix 564 9. OTHER RECEIVABLES - TRADE TRANSACTIONS continued
b. By Bank Indonesia’s Collectibility:
2011 2010
Current 4,757,886
2,452,679 Special mention
331,300 493,233
Sub-standard -
4,117 Doubtful
5,718 -
Loss 796,386
771,884 Total
5,891,290 3,721,913
Less: Allowance for impairment losses 1,079,302
1,146,327 4,811,988
2,575,586
c. By Maturity:
2011 2010
Rupiah: Less than 1 month
646,100 497,723
1 – 3 months 1,085,617
787,223 3 – 6 months
284,686 773,812
6 – 12 months 19,156
- Over 12 months
145,944 145,944
Total Rupiah 2,181,503
2,204,702 Foreign currencies:
Less than 1 month 750,253
197,218 1 - 3 months
566,324 421,403
3 - 6 months 1,743,237
272,070 6 - 12 months
20,038 579
Over 12 months 629,935
625,941 Total foreign currencies Note 57B.v
3,709,787 1,517,21 1
Total 5,891,290
3,721,91 3 Less: Allowance for impairment losses
1,079,302 1,146,327
4,811,988 2,575,586
d. Movements of allowance for impairment losses on other receivables - trade transactions:
2011 2010
Balance at beginning of year 1,146,327
844,781 Adjustment to opening balance relating to implementation
of SFAS 55 Revised 2006 Note 50 -
59,563 Reversalallowance during the year Note 39
98,692 269,594
Others 31,667
27,611
Balance at end of year 1,079,302
1,146,327
Includes effect of foreign exchange translation.
Management believes that the allowance for impairment losses on other receivables - trade transactions is adequate.
e. Information in respect of classification of “non-impaired” and “impaired” is disclosed in Note 57A.
PT BANK MANDIRI PERSERO Tbk. AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DECEMBER 2011 AND 2010
Expressed in millions of Rupiah, unless otherwise stated
Appendix 565 10. SECURITIES PURCHASED UNDER RESALE AGREEMENTS
a. Securities purchased under resale agreements
31 December 2011
Type of Securities Starting
Date Maturity
Date Resale
Amount Unamortised
Interest Carrying
Amount
Rupiah Related Parties Note 51
Obligasi VR0026 28112011
28022012 409,442
3,546 405,896
Obligasi VR0028 13102011
13012012 254,308
534 253,774
Obligasi VR0023 28112011
28022012 99,898
865 99,033
Total Related Parties 763,648
4,945 758,703
Third Parties Obligasi FR0052
04112012 16022012
1,194,016 7,875
1,186,141 Obligasi FR0052
04112011 16022012
1,194,016 7,875
1,186,141 Obligasi FR0057
08112011 16022012
1,130,647 7,420
1,123,227 Obligasi FR0052
04112011 16022012
1,072,823 7,087
1,065,736 Obligasi FR0045
08112011 16022012
612,085 4,017
608,068 Obligasi FR0053
14122011 16012012
490,555 977
489,578 Obligasi FR0058
08112011 16022012
447,312 2,935
444,377 Obligasi FR0040
13122011 06012012
371,563 247
371,316 Obligasi FR0040
23122011 25012012
352,873 1,136
351,737 Obligasi FR0047
20122011 20012012
307,955 785
307,170 Obligasi FR0044
28122011 01022012
302,050 1,256
300,794 Obligasi FR0057
08112011 16022012
274,124 1,799
272,325 Obligasi FR0040
27122011 27012012
272,010 949
271,061 Obligasi FR0052
04112011 16022012
265,337 1,750
263,587 Obligasi FR0057
20122011 20012012
261,182 666
260,516 Obligasi FR0036
13122011 06012012
239,408 159
239,249 Obligasi FR0040
20122011 20012012
233,198 594
232,604 Obligasi FR0042
23122011 25012012
222,104 715
221,389 Obligasi FR0042
20122011 20012012
221,238 564
220,674 Obligasi FR0043
23122011 25012012
220,056 708
219,348 Obligasi FR0056
22122011 19012012
177,944 430
177,514 Obligasi FR0059
23122011 25012012
177,612 572
177,040 Obligasi FR0036
22122011 19012012
177,273 428
176,845 Obligasi FR0048
22122011 19012012
143,290 346
142,944 Obligasi FR0045
19122011 19012012
128,744 311
128,433 Obligasi FR0045
19122011 19012012
128,744 311
128,433 Obligasi FR0045
19122011 19012012
128,744 311
128,433 Obligasi FR0045
19122011 19012012
128,744 311
128,433 Obligasi FR0040
19122011 19012012
128,489 310
128,179 Obligasi FR0040
19122011 19012012
128,489 310
128,179 Obligasi FR0040
19122011 19012012
128,489 310
128,179 SBSN
08122011 05012012
99,753 64
99,689 Obligasi FR0045
19122011 19012012
76,174 184
75,990 SBSN
28122011 25012011
49,849 158
49,691 Obligasi FR0056
23122011 25012012
49,299 159
49,140 Obligasi FR0040
19122011 19012012
46,723 113
46,610 SBSN
28122011 25012011
38,882 124
38,758 Obligasi FR0044
27122011 27012012
32,933 115
32,818 SBSN
28122011 25012011
10,871 35
10,836 Total Third Parties
11,665,598 54,416
11,611,182 Total
12,429,246 59,361
12,369,885 Allowance for impairment losses
-
Net 12,369,885
PT BANK MANDIRI PERSERO Tbk. AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DECEMBER 2011 AND 2010
Expressed in millions of Rupiah, unless otherwise stated
Appendix 566 10. SECURITIES PURCHASED UNDER RESALE AGREEMENTS continued
a. Securities purchased under resale agreements continued
31 December 2010
Type of Securities Starting
Date Maturity
Date Resale
Amount Unamortised
Interest Carrying
Amount
Rupiah Related Parties Note 51
Obligasi VR0031 22112010
22022011 512,706
5,178 507,528
Obligasi VR0021 22112010
22022011 252,166
2,547 249,619
Total Related Parties 764,872
7,725 757,147
Third Parties Obligasi FR0019
29122010 24022011
895,130 8,244
886,886 Obligasi FR0023
29122010 24022011
815,122 7,507
807,615 SPN
15112010 16022011
755,641 6,359
749,282 Obligasi FR0040
12112010 14022011
513,972 4,136
509,836 Obligasi VR0020
8122010 7032011
508,368 6,112
502,256 Obligasi VR0020
8102010 8042011
482,151 8,874
473,277 SPN
29122010 24022011
462,355 4,258
458,097 SPN
29122010 24022011
366,688 3,377
363,311 Obligasi VR0029
8112010 7022011
351,624 2,458
349,166 SBI
16122010 16032011
330,857 4,514
326,343 SBI
28122010 28012011
301,786 1,463
300,323 Obligasi VR0028
11102010 11042011
306,057 5,807
300,250 SPN
29122010 24022011
275,710 2,539
273,171 SBI
24112010 24022011
269,241 2,660
266,581 Obligasi VR0029
11102010 11042011
250,325 4,750
245,575 SBI
24112010 24022011
246,804 2,439
244,365 SPN
29122010 24022011
230,410 2,122
228,288 SBI
24112010 24022011
224,368 2,217
222,151 SBI
24112010 24022011
201,931 1,995
199,936 Obligasi FR0044
15112010 16022011
181,564 1,528
180,036 SBI
16122010 16032011
178,359 2,434
175,925 SPN
15112010 16022011
83,960 707
83,253 SBI
24112010 24022011
75,378 745
74,633 Saham
25112010 23022011
3,131 77
3,054 Total Third Parties
8,310,932 87,322
8,223,610 Total
9,075,80 4 95,047
8,980,757 Allowance for impairment losses
-
Net 8,980,757