PT BANK MANDIRI PERSERO TBK. AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Six Months Ended June 30, 2006 Unaudited and 2005 Audited Expressed in millions of Rupiah, unless otherwise stated
85
28. OTHER LIABILITIES continued
Movements of certain provisions for the six-month period ended June 30, 2006 were as follows:
Provision for Provision for
Provision for Possible Losses
Post-Employment free of service
on Legal
Cases Benefits
period Balance at beginning of period
471,706 508,477
376,340 Reversalprovision during the period Note 38
89,022 32,089
37,291 Utilization during the period
- -
- Others
1,179 5,049
-
Balance at end of period 381,505
535,517 413,631
Includes effect of foreign currency translation.
Movements of certain provisions for the six-month period ended June 30, 2005 were as follows:
Provision for Provision for
Provision for Possible Losses
Post-Employment free of service
on Legal
Cases Benefits
period Balance at beginning of period
751,707 446,290
- Reversalprovision during the period Note 38
385,586 32,560
- Utilization during the period
- 18,368
- Others
17,237 -
-
Balance at end of period 383,358
460,482 -
Includes effect of foreign currency translation.
29. SUBORDINATED LOANS
a. By Currency:
2006 2005
Rupiah: Two-Step Loans TSL
a Nordic Investment Bank NIB
262,676 299,000
b Export-Import Bank of Japan EBJ
19,530 53,842
c Asian Development Bank ADB
1,993 3,225
d International Bank for Reconstruction
and Development IBRD 13,480
23,091 e
ASEAN Japan Development Fund-Overseas Economic Cooperation Fund AJDF-OECF
91,007 99,738
f ASEAN Japan Development Fund-Export-Import
Bank of Japan AJDF-EBJ 3,374
4,499 Total Rupiah
392,060 483,395
Bank Indonesia
2,473,859 2,498,859 2,865,919 2,982,254
Foreign Currency: c Two-Step Loans - Asian Development Bank ADB
209,317 226,007
g Two-Step Loans - Kreditanstalt fur Wiederaufbau, Frankfurt KfW 42,480
68,752 Others
1,151,866 3,637,633 Total Foreign Curency
1,403,663 3,932,392
4,269,582 6,914,646
PT BANK MANDIRI PERSERO TBK. AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Six Months Ended June 30, 2006 Unaudited and 2005 Audited Expressed in millions of Rupiah, unless otherwise stated
86
29. SUBORDINATED LOANS continued
b. By Type:
2006 2005
Two-Step Loans TSL a Nordic Investment Bank NIB
262,676 299,000
b Export-Import Bank of Japan EBJ 19,530
53,842 c Asian Development Bank ADB
211,310 229,232
d International Bank for Reconstruction and Development IBRD
13,480 23,091
e ASEAN Japan Development Fund-Overseas Economic Cooperation Fund AJDF-OECF
91,007 99,738
f ASEAN Japan Development Fund-Export-Import Bank of Japan AJDF-EBJ
3,374 4,499
g Kreditanstalt fur Wiederaufbau, Frankfurt KfW 42,480
68,752 643,857
778,154 Bank Indonesia
2,473,859 2,498,859
Others 1,151,866
3,637,633 4,269,582 6,914,646
Two-Step Loans TSL a Nordic Investment Bank NIB
This account represents a credit facility obtained from NIB through the Government of the Republic of Indonesia, via the Ministry of Finance of the Republic of Indonesia, which re-lent the proceeds to
participating banks to finance projects in Indonesia. The details of these facilities are as follows:
Credit Facility Purpose
Repayment Period Nordic Investment Bank II
Nordic Investment Bank III
Nordic Investment Bank IV To promote and finance high priority
investments in Indonesia, primarily in the private sector, or joint Indonesian and
Nordic interests. To promote and finance high priority
investments in Indonesia, primarily in the private sector, or joint Indonesian and
Nordic interests. To promote and finance high priority
investments in Indonesia, primarily in the private sector, or joint Indonesian and
Nordic interests. December 10, 1990 - July 15, 2005
with the 1
st
installment on January 15, 1996.
August 4, 1993 - August 15, 2008 with the 1
st
installment on February 15, 1999.
April 15, 1997 - February 28, 2017 with the 1
st
installment on August 31, 2002.
The details of credit facilities from Nordic Investment Bank are as follows:
2006 2005
a Nordic Investment Bank II NIB II
- 3,690
b Nordic Investment Bank III NIB III
28,325 39,655
c Nordic Investment Bank IV NIB IV
234,351 255,655
262,676 299,000
PT BANK MANDIRI PERSERO TBK. AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Six Months Ended June 30, 2006 Unaudited and 2005 Audited Expressed in millions of Rupiah, unless otherwise stated
87
29. SUBORDINATED LOANS continued
