Rev Lap Keuangan 2017 Q3 ENGLISH 14feb 3ok

CONSOLIDATED FINANCIAL STATEMENTS

Leading, Trusted. Enabling growth.

PT Bank Mandiri (Persero) Tbk. & Subsidiaries
STATEMENTS OF FINANCIAL POSITION

STATEMENTS OF INCOME AND OTHER COMPREHENSIVE

As of December 31, 2016 and 2015

(In Millions of Rupiah)
INDIVIDUAL

DESCRIPTION

No.

31 December 2016
(Audited)


31 December 2015
(Audited)

31 December 2016
(Audited)

No.

31 December 2015
(Audited)

10.
11.
12.
13.
14.

15.
16.
17.


18.
19.
20.
21.

TOTAL ASSETS

21,223,106
103,914,079
19,800,517
240,870

23,118,246
77,227,592
16,161,252
702,877

22,906,775
111,261,518

25,286,905
240,870

25,109,124
83,452,384
20,405,181
703,186

3,425,406
96,012,792
15,936,503
3,914,691
3,746,090
14,679,621

2,525,862
84,299,093
25,267,020
5,342,711
11,331,273


25,052,381
98,685,007
27,708,751
3,914,691
5,054,488
14,789,244

20,979,816
86,600,853
34,467,541
5,342,711
676,900
11,331,273

592,669,270
6,583,203
-

536,029,812

5,354,140
-

649,322,953
11,855,216
255,409
-

586,675,437
8,178,063
58,644
-

(57,584)
(30,762,076)
(2,092,833)
3,502,458
(2,066,144)
42,009,451
(7,550,662)


(133,392)
(20,470,785)
(1,928,050)
3,109,126
(1,733,034)
15,352,695
(6,443,338)

(230,380)
(32,616,760)
(2,430,998)
4,213,322
(2,257,826)
44,736,920
(9,073,630)

(285,317)
(22,281,842)
(2,215,456)

3,793,181
(1,877,989)
17,470,126
(7,708,438)

146,581
19,815
718,439

150,039
19,815
573,821

146,814
21,414
718,439

150,272
21,414
573,821


(17,283,437)
17,360,910
(291,491)
5,435,589
26,946,346

(19,487,387)
19,567,324
(309,964)
4,318,681
27,605,683

(17,283,437)
17,360,910
(292,430)
834,483
5,990,101
32,534,859


(19,487,387)
19,567,324
(310,903)
604,150
4,834,522
33,234,818

918,181,510

807,551,112

1,038,706,009

910,063,409

LIABILITIES
Demand deposits **)
Savings deposits **)
Time deposits **)
Investment fund - revenue sharing

Fund from Bank Indonesia
Fund from other banks **)
Spot and derivative liabilities
Securities sold under repurchase agreements (repo)
Acceptances liabilities
Securities issued
Fund borrowings
Margin deposits received
Inter office liabilities
a. Operational activities conducted in Indonesia
b. Operational activities conducted outside Indonesia
Deferred tax liabilities
Liability to unit link holders
Other liabilities
Investment fund - profit sharing
TOTAL LIABILITIES
EQUITY
Share capital
a. Authorised capital
b. Unpaid-in capital-/-     

c. Treasury stock -/-     
Additional paid-in capital
a. Agio
b. Disagio -/c. Donated capital
d. Funds for paid-up capital
e. Others
Other comprehensive income
a. Adjustment arising from translation of financial statement
b. Gain (losses) from changes of financial assets on available for sale
c. Effective cash flow hedges
d. Premises and equipment revaluation increment
e. Other comprehensive income from entity associations
f. Remeasurement from actuarial benefit program
g. Income tax related to other comprehensive income
h. Others
Difference arising from quasi reorganisation
Difference arising from restructuring value of transaction of entities
under common control
Other equity
Reserve
a. General reserve
b. Appropriated reserve ****)
Retained Earning
a. Previous years *)
b. Current year
TOTAL EQUITY ATTRIBUTABLE TO OWNER
Non controlling interest
TOTAL EQUITY
TOTAL LIABILITIES AND EQUITY

14.
15.
16.
17.

18.

19.

20.

21.
22.
23.
24.

25.

26.

31 December 2016
(Audited)

A. Interest and Sharia Income, Interest and Sharia Expenses, and Premium Income and Claim Expenses
1. Interest and Sharia Income
67,155,191
a. Rupiah
59,825,225
b. Foreign currencies
7,329,966
2. Interest and Sharia Expenses
21,485,647
a. Rupiah
19,308,119
b. Foreign currencies
2,177,528
Net Interest Income and Sharia Income (Expenses)
45,669,544
3. Premium Income
4. Claim Expense
Net Premium Income (Claim Expenses)
Net Interest and Sharia Income (Expenses), and Net Premium Income (Claim Expenses)
45,669,544
B. Other Operating Income and Expenses
1. Other Operating Income
18,350,158
a. Increase in fair value of financial assets
i. Securities
ii. Loans
iii. Spot and derivative
2,038,647
iv. Other financial assets
b. Decrease in fair value of financial liabilities
c. Gain from sale of financial assets
i. Securities
700,004
ii. Loans
iii. Other financial assets
d. Gain from spot and derivative transaction (realised)
194,280
e. Dividend
702,267
f. Gain from investment in shares with equity method
g. Comissions/provisions/fees and administrative
10,596,578
h. Recovery on allowance for impairment
176,711
i. Other income
3,941,671
2. Other Operating Expenses
47,718,311
a. Decrease in fair value of financial assets
i. Securities
5,598
ii. Loans
iii. Spot and derivative
iv. Other financial assets
b. Increase in fair value of financial liabilities
c. Losses from sale of financial assets
i. Securities
ii. Loans
iii. Other financial assets
d. Losses from spot and derivative transaction (realised)
e. Impairment for financial assets
i. Securities
ii. Loans
22,648,598
iii. Sharia financing
iv. Other financial assets
196,578
f. Losses related to operational risk
(219,594)
g. Losses from investment in shares under equity method
h. Comissions/provisions/fees and administrative
665,707
i. Impairment on non financial assets
24,755
j. Salaries and employee benefits
10,185,936
k. Promotion expenses
911,705
l. Other expenses
13,299,028
Other Operating Income (Expenses)
(29,368,153)
PROFIT (LOSS) FROM OPERATIONS
16,301,391
NON OPERATING INCOME AND EXPENSES
1. Gain (Losses) from sale of premises and equipment
206
2. Gain (Losses) from foreign currencies translation
3. Other non operating income (expenses)
22,811

LIABILITIES AND EQUITY
1.
2.
3.
4.
5.
6.
7.
8.
9.
10.
11.
12.
13.

DESCRIPTION

As of December 31, 2016 and 2015

180,559,528
273,772,515
233,617,801
9,552,251
503,650
3,353,042
14,679,621
4,975,923
32,050,986
1,517,665

166,404,947
246,324,710
200,431,272
12,440,574
303,547
4,863,171
11,331,273
564
33,686,787
1,863,755

187,052,253
302,327,614
273,120,837
9,668,280
503,667
3,353,042
14,789,244
8,953,959
36,105,018
1,517,665

172,165,990
271,707,530
232,513,741
12,951,692
303,661
4,863,171
11,331,273
2,320,975
37,504,851
1,863,755

19,529,778
774,112,760

18,154,547
695,805,147

19,602,950
28,341,757
885,336,286

17,019,049
26,025,880
790,571,568

16,000,000
(4,333,333)
-

16,000,000
(4,333,333)
-

16,000,000
(4,333,333)
-

16,000,000
(4,333,333)
-

17,476,308
-

17,476,308
-

17,316,192
-

17,316,192
-

45,441
(497,624)
24,796,520
90,326
(288,663)
-

69,774
(1,901,815)
308,294
317,660
-

202,363
(924,074)
25,140,523
17,658
196,567
-

242,807
(1,815,490)
343,636
184,511
-

-

-

(92,751)

(92,751)

2,333,333
-

2,333,333
7,022,115

2,333,333
-

2,333,333
7,022,115

75,375,254
13,071,188
144,068,750

54,349,199
20,104,430
111,745,965

144,068,750
918,181,510

111,745,965
807,551,112

80,790,895
13,806,565
150,453,938
2,915,785
153,369,723
1,038,706,009

59,534,302
20,334,968
117,070,290
2,421,551
119,491,841
910,063,409

*)

Accumulated losses of Rp162,874,901 million has been eliminated against additional paid-in capital/agio through quasi-reorganisation on April 30, 2003.

**)

Consolidated balance includes temporary syirkah funds from a Subsidiary.

PROFIT FROM NON OPERATING
PROFIT CURRENT YEAR BEFORE TAX
Income tax expenses
a. Estimated current tax
b. Deffered tax income (expenses)

23,017
16,324,408

31 December 2015
(Audited)

31 December 2016 (Audited)

31 December 2016
(Audited)

31 December 2015
(Audited)

63,093,448
58,155,167
4,938,281
22,961,703
21,684,870
1,276,833
40,131,745
40,131,745

76,709,888
69,149,975
7,559,913
24,884,519
22,689,301
2,195,218
51,825,369
9,377,741
6,725,310
2,652,431
54,477,800

71,570,127
66,320,221
5,249,906
26,207,024
24,920,378
1,286,646
45,363,103
9,546,893
6,409,823
3,137,070
48,500,173

18,153,625

20,230,420

18,815,397

2,402
2,001,993
-

15,638
2,038,647
-

2,001,993
-

300,560
205,110
752,534
9,616,688
91,186
5,183,152
33,641,894

745,904
226,587
11,479,402
176,711
5,547,531
56,095,493

275,499
236,105
605
10,049,796
161,220
6,090,179
40,976,598

COMPONENTS OF CAPITAL
I Core Capital (Tier 1)
1. Common Equity Tier 1 (CET 1)
1.1 Paid-in Capital (net of Treasury Stock)
1.2 Disclosed Reserves
1.2.1 Additional Factor
1.2.1.1 Other comprehensive income
1.2.1.1.1 Excess differences arising from translation of
financial statement
1.2.1.1.2 Potential gain of the increase in the fair
value of financial assets available for sale of financial
assets available for sale
1.2.1.1.3 Surplus of fixed assets revaluation
1.2.1.2 Other Disclosed reserves
1.2.1.2.1 Agio
1.2.1.2.2 General reserves
1.2.1.2.3 Previous year profit
1.2.1.2.4 Current year profit
1.2.1.2.5 Funds for paid-in capital
1.2.1.2.6 Others
1.2.2 Deduction Factor
1.2.2.1 Other comprehensive income
1.2.2.1.1 Negative differences arising from
translation of financial statement
1.2.2.1.2 Potential losses from the decrease in the fair value
of financial assets available for sale
1.2.2.2. Other disclosed reserves
1.2.2.2.1 Disagio
1.2.2.2.2 Previous year loss
1.2.2.2.3 Current year loss
1.2.2.2.4 Negative difference in allowance
for possible losses and allowance for impairment
on earning assets
1.2.2.2.5 Negative difference in adjusment amounts
from fair value of financial assets in trading book
1.2.2.2.6 Required allowance for non earning assets
1.2.2.2.7 Others
1.3 Non controlling interest
1.4 Deduction Factor of CET 1
1.4.1 Deffered tax calculation
1.4.2 Goodwill
1.4.3 Other intangible assets
1.4.4 Investments in share
1.4.5 Shortfall of capital on insurance subsidiaries
1.4.6 Securitisation exposure
1.4.7 Other deduction of CET 1
1.4.7.1 Placement of funds in instrumen AT 1 and/ or Tier 2
to other bank
1.4.7.2 Cross-ownership in another entity acquired by the
transition due to law, grants, or grants will
2. Additional Tier 1 (AT 1)
2.1 Instrument which comply with AT 1 requirements
2.2 Agio/Disagio
2.3 Deduction factor of AT 1
2.3.1 Placement of funds in instrumen AT 1 and/or Tier 2 to
other bank
2.3.2 Cross-ownership in another entity acquired
by the transition due to law, grants, or grants will
II Supplemental Capital (Tier 2)
1. Capital Instrument in the form of Stock or others which comply
with Tier 2 requirements
2. Agio/Disagio
3. General provison on earning assets (max, 1,25% credit risk - weighted assets)
4. Deduction supplemental capital (Tier 2)
4.1 Sinking Fund
4.2 Placement of funds in instrumen AT 1 and/or Tier 2 to other bank
4.3 Cross-ownership in another entity acquired by the transition
due to law, grants, or grants will
TOTAL CORE AND SUPPLEMENTAL CAPITAL

-

-

-

-

18,306
-

3,586
10,537,849
21,859
737,454
232,326
9,418,145
841,696
11,848,979
(15,488,269)
24,643,476

20,871
24,305,384
623,025
(219,594)
671,450
91,867
13,030,262
1,056,241
16,515,987
(35,865,073)
18,612,727

10,449
11,460,581
355,017
21,859
737,454
355,841
11,819,074
982,701
15,215,316
(22,161,201)
26,338,972

208
56,062

120
(39,882)

227
30,231

56,270
24,699,746

(39,762)
18,572,965

30,458
26,369,430

31 December 2016
(Audited)
INDIVIDUAL

(4,435,708)
1,182,488

PROFIT CURRENT YEAR
OTHER COMPREHENSIVE INCOME
1. Unreclassified to profit (loss)
a. Premises and equipment revaluation increment
b. Remeasurement from actuarial benefit program
c. Other comprehensive income from entity associations
d. Others
e. Income tax related to other comprehensive income
2. Reclassified to profit (loss)
a. Adjustment arising from translation of financial statement
b. Gain (Losses) from changes of financial assets on available for sale
c. Effective cash flow hedges
d. Others
e. Income tax related to other comprehensive income

(4,932,830)
337,514

(5,088,924)
1,166,122

(5,548,058)
331,026

13,071,188

20,104,430

14,650,163

21,152,398

24,796,520
(217,968)
40,045

308,294
(58,110)

25,140,558
(288,896)
57,776

339,697
(65,960)

(24,333)
863,447
(105,624)

(28,418)
(1,179,764)
235,953

(40,722)
945,231
(119,062)

39,182
(1,268,960)
250,472

25,352,087

(722,045)

25,694,885

(705,569)

RISK WEIGHTED ASSETS
CREDIT RISK - WEIGHTED ASSETS
MARKET RISK - WEIGHTED ASSETS
OPERATIONAL RISK - WEIGHTED ASSETS
TOTAL RISK WEIGHTED ASSETS
CAR BASED ON RISK PROFILE (%)
CAPITAL ALLOCATION FOR CAR
BASED ON RISK PROFILE
From CET 1 (%)
From AT 1 (%)
From Tier 2 (%)

TOTAL OTHER COMPREHENSIVE INCOME CURRENT YEAR

38,423,275

19,382,385

Income current year atributtable to :
PARENT COMPANY
NON CONTROLLING INTEREST
TOTAL INCOME CURRENT YEAR

13,071,188

20,104,430

13,071,188

20,104,430

Total other comprehensive income current year atributtable to :
PARENT COMPANY
NON CONTROLLING INTEREST
TOTAL OTHER COMPREHENSIVE INCOME CURRENT YEAR

25,352,087

(722,045)

25,352,087

38,423,275
38,423,275

Total comprehensive income current year atributtable to :
PARENT COMPANY
NON CONTROLLING INTEREST
TOTAL COMPREHENSIVE INCOME CURRENT YEAR

40,345,048

13,806,565
843,598
14,650,163

20,334,968
817,430
21,152,398

(722,045)

25,677,573
17,312
25,694,885

(676,813)
(28,756)
(705,569)

19,382,385
19,382,385

39,484,138
860,910
40,345,048

19,658,155
788,674
20,446,829

TRANSFER INCOME (LOSSES) TO HEAD OFFICE
DIVIDEND

-

-

EARNING PER SHARE

-

-

-

-

591.71

871.50

22
1,473,766
277,465
4,836,260

31 December 2015 (Audited)

Doubtful

Loss

Total

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Current

22
1,473,766

-

277,465
-

-

2,998
2,998
-

774,227
-

-

2,747,691
4,442,696
-

1,090
-

-

-

30,021,487
43,411,388

-

-

-

236,461
4,409

-

-

-

80,569,687
34,517,360

-

-

-

3,914,691
-

-

-

-

2.

Spot and derivative receivables

3.

Securities

4.

Loans

8.

Investments in shares

9.

Temporary invesment

11.

Commitments and contingencies

22
1,589,575

-

-

-

-

-

-

-

-

303,170
-

-

-

-

-

-

-

-

-

-

2,550,620

-

2,827
2,827
13,823,351
5,853,444
7,969,907
9,248
4,735,629
35,793

1,167
1,167
269
-

2,748,781
4,442,696
-

3,057,140
5,139,331
-

625
-

30,021,487
43,457,786

4,529,128
33,944,613

-

-

-

236,461
4,409

461,030
241,847

-

-

-

80,569,687
34,527,549

79,693,580
32,008,225

-

-

-

3,914,691
-

5,342,711
-

-

-

-

-

5,342,711
-

3,890

3,746,090
9,843,361

8,761,089

19,564

-

-

-

8,780,653

46,398
10,189
-

-

591,227
-

-

-

25,191
-

-

49,282

4,529,128
33,993,895

-

461,030
241,847

87,000
-

79,780,580
32,008,225

685,388
685,388
1,465,020
1,170,413
294,607
793,316
793,316
129,209
-

2,868,125
2,868,125
9,159,459
7,229,528
1,929,931
6,125,582
5,001,613
1,123,969
596,122
1,955
165
1,085,500

80,306,329
79,727,135
579,194
489,666,300
412,033,583
77,632,717
47,152,705
37,453,683
9,699,022
44,127,487
1,955
165
16,117,237

67,419,373
67,053,152
366,221
420,238,637
345,799,372
74,439,265
15,032,682
7,187,730
7,844,952
37,040,266
1,955
13,252,592

4,855,490
4,855,490
17,409,152
13,810,922
3,598,230
9,925,304
6,831,609
3,093,695
3,070,651
528,866

314,799
314,799
1,790,236
1,743,544
46,692
597,678
593,482
4,196
103,700
-

625,273
625,273
1,494,655
918,114
576,541
550,974
155,427
395,547
98,569
58,819

2,559,552
2,559,552
5,495,300
4,703,514
791,786
2,840,037
2,651,446
188,591
432,640
138
1,103,612

75,774,487
75,408,266
366,221
446,427,980
366,975,466
79,452,514
28,946,675
17,419,694
11,526,981
40,745,826
1,955
138
14,943,889

147,479,842
62,108,532
-

987,144
319,989
-

67,203
17,271
-

12,541
2,787
-

173,960
1,834
19,815

148,720,690
62,450,413
19,815

126,849,338
66,148,635
-

659,370
572,173
-

29,939
46,344
-

11,008
5,537
-

36,619
11,488
19,815

127,586,274
66,784,177
19,815

-

-

32,912,493

22,532,227

23,070,971
13.55%
6.29%
55.25%
52.62%

17,589,138
14.14%
6,08%
53.88%
50.92%

337,430
11,494,905
3,192,703

430,283
5,993,139
3,040,568

-

-

(In Millions of Rupiah)

Collective

General

Specific

Allowance for Impairment

Individual Collective

General

Specific

36,705

197,541

46,399

49,282

20,659

161,120

49,282

-

-

2,393

-

-

-

7,006

-

46,168

11,416

234,473

10,189

121,262

12,130

204,988

87,000

-

-

-

-

-

-

-

-

-

40,984
-

17,288

-

146,667

5,000

5,482,082 15,543,237
53

As of December 31, 2016

(In Millions of Rupiah)

INDIVIDUAL (Audited)

Required Allowance for Possible
Losses of Earning Assets

46,398

198,917

STATEMENTS OF SPOT AND DERIVATIVE TRANSACTIONS

31 December 2015 (Audited)

Required Allowance for Possible
Losses of Earning Assets

143,280

-

-

74,098

32,932

12,767,287 7,703,498
57,592

-

-

-

113,117

978

No.
A.
1.
2.
3.

4.
5.
6.
B.
1.
2.

5,014,842 10,543,861
582

113,875

165

-

-

165

138

-

-

138

1,654,609

65,973

150,283

1,091,921

1,661,185

32,164

132,884

1,159,465

166,181

26,963

983,628

52,644

346,180

24,547

969,643

91,832

3.
4.
5.
C.

TRANSACTION
EXCHANGE RATE RELATED
Spot
Forward
Option
a. Written
b. Purchased
Future
Swap
Others
INTEREST RATE RELATED
Forward
Option
a. Written
b. Purchased
Future
Swap
Others
OTHERS
TOTAL

NOTIONAL AMOUNT

Type
Trading

Derivative Receivables & Payables
Hedging

Receivables

4,573,327
10,753,054

4,346,454
2,174,071

226,873
8,578,983

1,600
36,777

1,191
93,291

262,593
194,580
32,039,334
-

29,206,868
-

262,593
194,580
2,832,466
-

3,012
131
110,084
-

1,336
2,377
176,768
-

34,865,597
10,444,483
93,132,968

-

-

34,865,597
10,444,483
35,727,393 57,405,575

48,540
40,726
240,870

INDIVIDUAL

1.
2.

3.
4.
5.
6.
7.
8.
9.
10.
11.

PERFORMANCE RATIOS
Capital Adequacy Ratio (CAR)
Non performing earning assets and non
performing non earning assets to total
earning assets and non earning assets
Non performing earning assets
to total earning assets
Allowance for impairment on financial assets
to earning assets
Gross NPL
Net NPL
Return on Asset (ROA)
Return on Equity (ROE)
Net Interest Margin (NIM)
Operating Expenses to Operating Income
Loan to Deposit Ratio (LDR)

9,613
219,074
503,650

(In %)

As of December 31, 2016 and 2015

RATIOS

Payables

-

CALCULATION OF FINANCIAL RATIOS
No.

31 December 2016
(Audited)

INDIVIDUAL

31 December 2015
(Audited)

No.

RATIOS

31 December 2016
(Audited)

31 December 2015
(Audited)

COMPLIANCE
21.36%

18.60%

2.47%

1.56%

3.07%

1.96%

3.97%
3.96%
1.38%
1.95%
11.12%
6.29%
80.94%
85.86%

3.10%
2.29%
0.60%
3.15%
23.03%
5.90%
69.67%
87.05%

46,689

203,610

27,242
24,796,520
108,256,083
17,476,308
2,333,333
75,375,254
13,071,188
(1,008,243)
(773,291)

27,242
25,140,523
114,246,985
17,316,192
2,333,333
80,790,895
13,806,565
(916,177)
(680,286)

-

-

14,135,338

14,751,448

(1,247)

(1,247)

(772,044)
(234,952)
-

(679,039)
(235,891)
-

-

-

(234,952)
(13,428,463)
(5,435,589)
(1,436,314)
(6,531,560)
(25,000)
-

(235,891)
458,658
(10,524,001)
(5,777,248)
(117,741)
(1,519,757)
(3,084,255)
(25,000)
-

-

-

-

-

-

-

7,075,719

7,761,071

205,135
6,870,584
-

205,135
7,555,936
-

137,432,214

148,064,578

CONSOLIDATED

107,388,146

115,832,877

31 December 2016
(Audited)

31 December 2015
(Audited)

INDIVIDUAL

KPMM Ratio
549,646,704 604,474,920 497,912,789 547,201,603
CET 1 Ratio (%)
1,800,778
1,362,981
805,426
881,544
Tier 1 Ratio (%)
91,932,008 107,559,670 78,627,774 95,640,437
Tier 2 Ratio (%)
643,379,490 713,397,571 577,345,989 643,723,584
KPMM Ratio (%)
9,52%
9,53%
9,00%
9,00% CET 1 FOR BUFFER (%)
PERCENTAGE OF BUFFER MANDATORY
FILLED BY BANK(%)
8.42%
8.45%
6.55%
6.71%
Capital conservation buffer (%)
0.00%
0.00%
0.00%
0.00%
Countercyclical Buffer (%)
1.10%
1.08%
2.45%
2.29%
Capital Surcharge for Systemic Bank (%)

1. a. Percentage of violation of Legal Lending Limit
i. Related parties
ii. Third parties
b. Percentage of excess of the Legal
Lending Limit
i. Related parties
ii. Third parties
2. Reserve requirement
a. Primary reserve requirement Rupiah
b. Reserve requirement Foreign currencies
3. Net Open Position - Overall

0.00%
0.00%

0.00%
0.00%

0.00%
0.00%

0.00%
0.00%

6.50%
8.12%
2.98%

7.50%
8.50%
2.91%

DESCRIPTION

(In Millions of Rupiah)

CONSOLIDATED

DESCRIPTION

3,057,765
5,139,331
-

762,280
681,989
80,291
8,500,633
7,799,336
701,297
8,286,293
7,539,867
746,426
210,807
-

Allowance for Impairment

101,081,429
101,081,429

CONSOLIDATED

INDIVIDUAL

20.26%
20.26%
1.10%
21.36%
11.84%

19.67%
19.67%
1.08%
20.75%
11.22%

16.15%
16.15%
2.45%
18.60%

0.625%
0.00%
0.625%

0.625%
0.00%
0.625%

CONSOLIDATED

15.70%
15.70%
2.29%
17.99%

31 December 2016
(Audited)

(In Millions of Rupiah)

517,108
-

CONSOLIDATED

31 December 2015
(Audited)

4,135,500
1,078,194
-

31 December 2016
(Audited)

517,108
-

31 December 2015
(Audited)

4,135,500
1,078,194
-

4,957,430
1,017,119

9,050,393
479,761

4,957,430
1,017,119

9,050,393
479,761

22,483,005
3,184,070

13,272,271
2,849,730

22,483,005
3,184,070

13,272,271
2,849,730

20,887,034
66,946,874

19,669,309
59,417,877

20,887,137
67,856,900

19,669,811
59,934,634

35,685
-

80,053
-

35,685
-

80,053
-

-

2,000
-

-

2,000
-

8,944,724
3,143,078
880,595
-

7,779,251
3,112,079
462,558
-

8,952,789
3,143,877
880,595
-

7,812,509
3,112,079
462,558
-

1,766,173
15,780,336

831,441
18,974,250

1,766,173
15,975,471

833,784
19,187,779

6,397,668
51,949
32,729

7,933,487
51,949
32,729

6,411,985
381,171
32,729

7,939,596
1,527,323
32,729

43,881,089
42,882,472
492,556

38,889,327
47,965,496
432,992

43,939,477
43,491,367
907,215

39,048,742
48,198,074
432,992

STATEMENTS OF CASH FLOW

2,827
2,827
13,824,518
5,854,611
7,969,907
9,517
5,352,047
35,793

4,893,026
4,876,177
16,849
16,124,189
13,203,785
2,920,404
11,407,471
8,937,316
2,470,155
2,911,717
128,429

49,082

Other Receivable

-

71,097,510
70,615,456
482,054
454,416,999
382,630,521
71,786,478
20,540,043
15,181,571
5,358,472
40,279,632
14,903,308

22,448,116 8,313,960

10.

-

6,578

agreement to resell (Reverse Repo)
Acceptances receivables

-

14,065
14,065
22,682,576
13,047,426
9,635,150
11,109
6,581,083
124,977

25,191
-

Securities purchased with

7.

-

2,550,620

Securities sold with agreement

6.

Total

2,470

to repurchase (Repo)
5.

Loss

3,746,090
9,830,423

Individual
Placements with other banks

Doubtful

For the Years Ended December 31, 2016 and 2015
14,065
14,065
22,679,578
13,044,428
9,635,150
11,109
5,781,665
124,977

31 December 2016 (Audited)

1.

Sub Standard

4,836,260

As of December 31, 2016 and 2015
DESCRIPTION

303,170
-

-

ALLOWANCES FOR IMPAIRMENT
No

Special Mention

22
1,589,575

-

INDIVIDUAL

I. COMMITMENT RECEIVABLES
1. Unused fund borrowings facilities
a. Rupiah
b. Foreign currencies
2. Outstanding purchase position on spot and derivative
3. Others
II. COMMITMENT PAYABLES
1. Unused loan facilities granted to customer
a. BUMN
i. Committed
- Rupiah
- Foreign currencies
ii. Uncommitted
- Rupiah
- Foreign currencies
b. Others
i. Committed
ii. Uncommitted
2. Unused loan facilities granted to other banks
a. Committed
i. Rupiah
ii. Foreign currencies
b. Uncommitted
i. Rupiah
ii. Foreign currencies
3. Outstanding irrevocable letters of credit
a. Foreign L/C
b. Local L/C
4. Outstanding sales position on spot and derivative
5. Others
III. CONTINGENT RECEIVABLES
1. Guarantees received
a. Rupiah
b. Foreign currencies
2. Unrecognized interest income
a. Interest loan
b. Others interest
3. Others
IV. CONTINGENT PAYABLES
1. Guarantees issued
a. Rupiah
b. Foreign currencies
2. Others

INDIVIDUAL
31 December 2016 (Audited)
Sub Standard

CONSOLIDATED

93,252,808
93,252,808

31 December 2015
(Audited)

20,446,829

(In Millions of Rupiah)

Special Mention

INDIVIDUAL

140,303,507
140,303,507
11,666,667
138,702,183
139,618,360
25,371,375

INDIVIDUAL
No.

As of December 31, 2016 and 2015

Current

CONSOLIDATED

STATEMENTS OF COMMITMENTS AND CONTINGENCIES

STATEMENTS OF ASSETS' QUALITY AND OTHER INFORMATION

I. RELATED PARTIES
1. Placements with other banks
a. Rupiah
b. Foreign currencies
2. Spot and derivative receivables
a. Rupiah
b. Foreign currencies
3. Securities
a. Rupiah
b. Foreign currencies
4. Securities sold with agreement to
repurchase (Repo)
a. Rupiah
b. Foreign currencies
5. Securities purchased with agreement to resell
(Reverse Repo)
a. Rupiah
b. Foreign currencies
6. Acceptances receivables
7. Loans
a. Micro, small and medium loans (UMKM)
i. Rupiah
ii. Foreign currencies
b. Non UMKM
i. Rupiah
ii. Foreign currencies
c. Restructured loans
i. Rupiah
ii. Foreign currencies
d. Property loans
8. Investments in shares
9. Temporary investment
10. Other Receivable
11. Commitments and contingencies
a. Rupiah
b. Foreign currencies
12. Repossessed assets
II. THIRD PARTIES
1. Placements with other banks
a. Rupiah
b. Foreign currencies
2. Spot and derivative receivables
a. Rupiah
b. Foreign currencies
3. Securities
a. Rupiah
b. Foreign currencies
4. Securities sold with agreement
to repurchase (Repo)
a. Rupiah
b. Foreign currencies
5. Securities purchased with agreement to resell
(Reverse Repo)
a. Rupiah
b. Foreign currencies
6. Acceptances receivables
7. Loans
a. Micro, small and medium loans (UMKM)
i. Rupiah
ii. Foreign currencies
b. Non UMKM
i. Rupiah
ii. Foreign currencies
c. Restructured loans
i. Rupiah
ii. Foreign currencies
d. Property loans
8. Investments in shares
9. Temporary investment
10. Other Receivable
11. Commitments and contingencies
a. Rupiah
b. Foreign currencies
12. Repossessed assets
III. OTHER INFORMATIONS
1. Value of bank's assets pledge as collateral :
a. To Bank Indonesia
b. To others
2. Total allowance for impairment on
financial assets to earning assets
3. Total required allowance for possible
losses on earning assets
4. Percentage of UMKM loans to total loans
5. Percentage of UMK loans to total loans
6. Percentage of UMKM debtors to total debtors
7. Percentage of UMK debtors to total debtors
8. Others
a. Chanelling of loans
b. Mudharabah Muqayyadah financing
c. Write off on earning assets
d. Recovery of write off on earning assets
e. Write off on earning assets
with elimination of right to collect

INDIVIDUAL
130,356,495
130,356,495
11,666,667
132,118,291
133,126,534
24,870,451

As of December 31, 2016 and 2015
Other comprehensive income current year after income tax - net

****) As of September 30, 2016, appropriated reserve of Rp 9.299.631 million has been reclassified to Retained Earning.

DESCRIPTION

CONSOLIDATED

31 December 2015 (Audited)

*) Capital Adequacy Ratio as at December 31, 2016 has been calculated based on POJK No.34/POJK.03/2016 dated September 22, 2016 regarding Minimum
Capital Adequacy Requirement for commercial Bank, Capital Adequacy Ratio as at December 31, 2015 has been calculated based on Bank Indonesia
Regulation (PBI) No.15/12/PBI/2013 dated December 12, 2013 regarding Minimum Capital Adequacy Requirement for Commercial Bank.

***) Including Securities owned by Subsidiary which classified "At Cost", accordance with SFAS 110 "Accounting for Sukuk", which was effective since January 1, 2012.

No.

(In Millions of Rupiah)

CONSOLIDATED

OPERATING INCOME AND EXPENSES

Cash
Placements with Bank Indonesia
Placements with other banks
Spot and derivative receivables
Securities
a. Fair value through profit/loss
b. Available for sale
c. Held to maturity ***)
d. Loans and receivables
Securities sold under repurchase agreements (repo)
Securities purchased under resale agreements (reverse repo)
Acceptances receivables
Loans
a. Fair value through profit/loss
b. Available for sale
c. Held to maturity
d. Loans and receivables
Consumer financing receivables
Sharia financing
Investments in shares
Policy holder's investment in unit link contract
Allowance for impairment on financial assets -/a. Securities
b. Loans
c. Others
Intangible assets
Accumulated amortisation for intangible assets -/-      
Premises and equipment
Accumulated depreciation for premises and equipment -/Non earning assets
a. Abandoned properties
b. Repossessed assets
c. Suspense account
d. Inter office assets
i. Operational activities conducted in Indonesia
ii. Operational activities conducted outside Indonesia
Allowance for impairment on non financial assets -/Lease Financing
Deferred tax assets
Other assets

6.
7.
8.
9.

STATEMENTS OF CALCULATION OF CAPITAL ADEQUACY RATIO COMMERCIAL BANK *)

(In Millions of Rupiah)
INDIVIDUAL

ASSETS
1.
2.
3.
4.
5.

For the Years Ended December 31, 2016 and 2015

CONSOLIDATED
(dalam Jutaan Rupiah)

31 December 2016
(Audited)

CASH FLOWS FROM OPERATING ACTIVITIES
Receipts from interest income
Receipts from sharia income
Receipts from fees, commissions and premium - net
Payments of interest expense
Payments of sharia expenses
Receipts from the sale of Government Bonds - Fair
value through profit or loss
Acquisition of Government Bonds - Fair
value through profit or loss
Foreign exchange gains/ (losses) - net
Other operating income - others
Other operating expenses - others
Salaries and employee benefits
General and administrative expenses
Non operating income/(expenses) - net
Payment of corporate income tax
Cash Flow From Operating Activities Before Changes in
Operating Assets and Liabilities
Decrease/(increase) in operating assets:
Placements with Bank Indonesia and other banks
Marketable securities - Fair value through profit or loss
Other receivables - trade transactions
Loans
Sharia financing
Securities purchased under resale agreements
Consumer financing receivable
Net investment in lease financing
Prepaid taxes
Prepaid expense
Other assets
Proceeds from collection of financial assets already written - off
Increase/(decrease) in operating liabilities
and temporary syirkah funds:
Conventional Banking
Demand deposits
Saving deposits
Time deposits
Inter-bank call money
Obligation due immediately
Liability to unit - linked policyholders
Other taxes payable
Other liabilities
Sharia Banking - Temporary Syirkah Funds
Demand deposit - restricted investment and demand
deposit - mudharabah musytarakah
Saving deposit - restricted investment and mudharabah
saving deposit - unrestricted investment
Mudharabah time deposit - unrestricted investment
Net cash provided by operating activities
CASH FLOWS FROM INVESTING ACTIVITIES
Increase in marketable securities - other than at fair value
throught profit or loss
Decrease / (increase) in Government Bonds - other than at fair
value throught profit or loss
Proceeds from sale of fixed assets
Acquisition of fixed assets
Acquisition of intangible assets
Net cash used in investing activities
CASH FLOWS FROM FINANCING ACTIVITIES
Increase of investment in Subsidiaries
Increase in marketable securities issued
Increase in fund borrowings
Decrease of Subordinated Loans
Decrease in securities sold under repurchase agreements
Payments of dividends
Net cash (used in)/provided by financing activities
NET INCREASE IN CASH AND CASH EQUIVALENTS
EFFECT OF EXCHANGE RATE CHANGES
ON CASH AND CASH EQUIVALENT
CASH AND CASH EQUIVALENTS AT BEGINNING OF YEAR
CASH AND CASH EQUIVALENTS AT END OF YEAR
Cash and cash equivalent at end of year consist of :
Cash
Current accounts with Bank Indonesia
Current accounts with other banks
Placements with Bank Indonesia and other banks
Certificate of Bank Indonesia
Total cash and cash equivalents

68,369.500
5,402,923
14,092,433
(22,253,266)
(2,382,950)

31 December 2015
(Audited)

63,435,118
5,125,967
13,151,880
(23,857,228)
(2,446,213)

47,558,159

31,695,656

(46,378,950)
3,151,361
1,879,255
(3,707,546)
(12,860,915)
(12,200,718)
(39,882)
(5,943,662)

(32,543,993)
568,115
2,695,638
(3,884,426)
(11,503,062)
(11,309,466)
30,458
(5,299,131)

34,685,742

25,859,313

1,105,862
(3,700,426)
(1,011,605)
(69,655,474)
(5,983,097)
(4,377,588)
(4,079,414)
(231,782)
2,204,689
(451,229)
(42,059)
3,701,934

(74,344)
5,930,922
(1,674,546)
(67,712,998)
(3.541,099)
19,109,845
(2,305,938)
170,521
(2,225,414)
(462,352)
627,894
3,430,132

15,377,874
28,225,627
35,310,768
(2,483,411)
413,584
2,583,901
(7,543)
3,531,241

44,702,559
17,133,981
(28,721,091)
872,363
(39)
(324,750)
(306,828)
(1,484,053)

57,423

(2,031)

2,415,839
3,930,263
41,521,119

1,852,989
(653,582)
10,201,454

(8,924,594)

(9,640,061)

5,320,566
10,935
(2,149,547)
(420,141)
(6,162,781)

(17,604,588)
4,202
(1,135,677)
(573,199)
(28,949,323)

(546,129)
6,627,816
3,076,681
(3,522,271)
(1,510,129)
(6,100,490)
(1,974,522)
33,383,816

(675,283)
388,553
7,291,307
(8,871)
(1,249,418)
(4,967,968)
778,320
(17,969,549)

(1,491,116)
125,667,407
157,560,107

4,832,573
138,804,383
125,667,407

22,906,775
52,484,974
10,363,214
71,209,865
595,279
157,560,107

25,109,124
56,314,316
10,155,626
33,791,391
296,950
125,667,407

President Commissioner
Deputy President Commissioner
Independent Commissioner
Independent Commissioner
Independent Commissioner
Independent Commissioner
Commissioner
Commissioner

BOARD OF DIRECTORS
- President Director
- Vice President Director
- Director
- Director
- Director
- Director
- Director
- Director
- Director
- Director

2. The above published financial statements are presented to comply with Financial Services Authority
Regulation No. 32/POJK.03/2016 dated August 8, 2016 regarding Amendment of Financial Services
Authority Regulation No. 6/POJK.03/2015 dated March 31, 2015 regarding Transparency and
Published Financial Statements of the Bank and Circular Letter of Financial Services Authority No.
43/SEOJK.03/2016 dated September 28, 2016 regarding Transparency and Published Financial
Statements of Commercial Banks and also in accordance with Rule No. X.K.2, Attachment to Decision
of Chairman of Bapepam and LK No. Kep-346/BL/2011 dated July 5, 2011 regarding Submission of
Periodic Financial Statements for Issuers or Public Companies. Financial information and statement
of cash flows included in the published financial statements have been prepared in accordance with
Bapepam and LK Regulation No. VIII.G7, Attachment to Decision of Chairman of Bapepam and LK No.
Kep-347/BL/2012 dated June 25, 2012.
3. Composite value/rating of Bank Mandiri's Good Corporate Governance as at June 30, 2016 is 2
(Good) - The management of the Bank has made, in general, the good implementation of Good
Corporate Governance. This is reflected in an adequate fulfillment of the principles of Good
Corporate Governance. If there are weaknesses in the application of the principles of Good
Corporate Governance, in general, the weakness is less significant and can be solved with normal
action by the Bank management.
4. Related Parties in the Assets' Quality and Other Information Report are presented in accordance
with Bank Indonesia Regulation No. 8/13/PBI/2006 dated October 5, 2006 regarding Amendment of
Bank Indonesia Regulation No. 7/3/PBI/2005 dated January 20, 2005 regarding The Legal Lending
Limit for Commercial Banks.
5. Exchange rate of 1 US Dollar as at December 31, 2016 and 2015 were Rp13,472.50 and Rp13,785.00
respectively.

BEST BANK
IN INDONESIA
2015

THE BEST BANK IN
SERVICE EXCELLENCE
2008 - 2015

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and Finance Asia

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1st PLACE ANNUAL
REPORT AWARD 2015
Kategori BUMN
KEUANGAN LISTED
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and Bursa Efek Indonesia (BEI)

INDONESIA MOST
TRUSTED COMPANY
(IMTC) 2007-2015

Indonesian Institute for
Corporate Governance (IICG)
and SWA Magazine

: Wimboh Santoso
: Imam Apriyanto Putro
: Abdul Aziz
: Aviliani
: Goei Siauw Hong
: Bangun Sarwito Kusmulyono
: Askolani
: Ardan Adiperdana *)
: Kartika Wirjoatmodjo
: Sulaiman Arif Arianto
: Ogi Prastomiyono
: Pahala N. Mansury
: Royke Tumilaar
: Hery Gunardi
: Kartini Sally
: Ahmad Siddik Badruddin **)
: Tardi
: Rico Usthavia Frans

SHAREHOLDERS
Republic of Indonesia
Non Ultimate Shareholder through
Capital Market (≥ 5%)
Non Ultimate Shareholder through
non Capital Market (≥ 5%)

1. The above financial information is extracted from the consolidated financial statements of PT Bank
Mandiri (Persero) Tbk. (the "Bank") and its subsidiaries as of December 31, 2016 and for the year then
ended, prepared by the Bank's management in accordance with Indonesian Financial Accounting
Standards, which have been audited by Purwantono, Sungkoro & Surja ("PSS") (a member firm of
Ernst & Young Global Limited) with Danil Setiadi Handaja, CPA as partner in charge, independent
auditors, in accordance with Standards on Auditing established by the Indonesian Institute of
Certified Public Accountants, with an unmodified audit opinion, as stated in their report dated
January 30, 2017 not included in this publication. Such audit report also contains an Other Matters
paragraph, which describe presentation of parent entity financial information.

Jakarta, February 15, 2017
S. E & O
Board of Directors
PT Bank Mandiri (Persero) Tbk.

MANAGEMENT OF THE BANK
BOARD OF COMMISSIONERS
-

NOTES

: 60.00%
: Nill
: Nill

*) Appointment as Commissioner has received approval from Otoritas Jasa Keuangan upon Fit and Proper Test
and has become effective served since the date of October 3, 2016.
**) Director of compliance

Kartika Wirjoatmodjo
President Director

Pahala N. Mansury
Director