Q1 2015 March English
CON SOLI D ATED FI N AN CI AL STATEM EN TS
PT Bank M andiri (Persero) Tbk. and Subsidiaries
STATEMENTS OF FINANCIAL POSITION
As at 31 March 2015 and 31 December 2014
No.
1.
2.
3.
4.
5.
6.
7.
8.
9.
10.
11.
12.
13.
14.
15.
16.
17.
18.
19.
20.
21.
1.
2.
3.
4.
5.
6.
7.
8.
9.
10.
11.
12.
13.
14.
15.
16.
17.
(In Millions of Rupiah)
BANK
DESCRIPTION
31 March 2015
ASSETS
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 with agreement to repurchase (Repo)
Securities purchased with agreement to resell (Reverse Repo)
Acceptances receivables
Loans
a. Fair value through profit/loss
b. Available for sale
c. Held to maturity
d. Loans and receivables
Consumer finance 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
TOTAL ASSETS
LIABILITIES AND EQUITY
LIABILITIES
Demand deposits **)
Savings deposits **)
Time deposits **)
Investment fund - revenue sharing
Fund from Bank Indonesia
Fund from other banks **)
Spot and derivative liabilities
Liabilities sold with repo agreements to repurchase (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 linked holders
Other liabilities
Investment fund - profit sharing
TOTAL LIABILITIES
For the Periods Ended 31 March 2015 and 2014
CONSOLIDATED
31 December 2014
(Audited)
31 March 2015
BANK
16,756,025
97,417,288
25,568,085
128,861
20,704,563
93,335,143
27,463,279
75,289
3,212,282
83,940,158
24,703,235
5,080,480
4,330,250
19,670,114
2,442,863
66,730,393
24,644,673
7,088,104
18,528,320
13,114,059
24,059,725
84,740,863
30,654,440
5,080,480
5,236,062
19,670,114
22,381,653
67,678,009
29,406,588
7,088,104
19,786,745
13,114,059
478,519,719
4,616,338
-
475,266,826
4,235,368
-
525,862,839
6,215,496
58,642
-
523,101,817
6,087,987
58,672
-
(126,405)
(16,335,789)
(2,050,777)
2,546,159
(1,527,159)
13,847,577
(5,716,628)
(127,801)
(15,927,985)
(1,850,478)
2,565,198
(1,472,270)
13,716,579
(5,514,581)
(271,728)
(18,012,230)
(2,297,915)
3,292,624
(1,640,606)
15,638,958
(6,822,493)
(272,861)
(17,706,947)
(2,077,815)
3,219,982
(1,575,399)
15,487,052
(6,558,196)
150,272
33,537
708,143
(12,382,956)
12,484,994
(249,240)
3,803,325
23,085,124
757,039,212
(12,936,327)
13,017,818
(271,582)
745,937
3,709,724
31,854,787
868,347,839
(12,382,956)
12,484,994
(262,302)
783,737
4,189,120
28,764,941
855,039,673
135,328,910
208,276,466
225,129,765
29,278,731
230,668
4,382,291
19,670,114
564
23,456,179
1,607,847
123,042,656
229,454,611
223,828,534
17,690,236
160,038
6,112,589
13,114,059
564
25,129,019
1,849,027
141,490,532
230,584,215
256,637,648
29,148,296
230,668
4,382,291
19,670,114
1,725,585
25,752,003
1,607,847
128,067,091
252,444,999
255,870,003
17,772,200
160,038
6,112,589
13,114,059
1,924,934
27,975,628
1,849,027
23,830,194
671,191,729
19,326,331
659,707,664
18,208,867
34,119,015
763,557,081
17,343,799
27,560,744
750,195,111
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
-
98,192
(722,051)
139,817
-
240,585
(268,024)
(6,800)
49,011
-
203,625
(708,443)
137,095
-
-
-
-
-
2,333,333
7,022,115
2,333,333
4,399,179
2,333,333
7,022,115
2,333,333
4,399,179
54,349,199
5,483,239
98,188,805
98,188,805
769,380,534
42,511,775
19,428,328
97,331,548
97,331,548
757,039,212
59,719,329
5,138,332
103,210,740
1,580,018
104,790,758
868,347,839
47,438,360
19,871,873
102,657,881
2,186,681
104,844,562
855,039,673
31 March 2015
B. Other Operating Income and Expenses
1. Other Operating Income
a. Increase in fair value of financial assets
i. Securities
ii. Loans
iii. Spot and derivative
iv. Other financial assets
b. Decrease in fair value of financial liabilities
c. Gain from sale of financial assets
i. Securities
ii. Loans
iii. Other financial assets
d. Gain from spot and derivative transaction (realised)
e. Dividend
f. Gain from investment in shares with equity method
g. Comissions/provisions/fees and administrative
h. Recovery on allowance for impairment
i. Other income
2. Other Operating Expenses
a. Decrease in fair value of financial assets
i. Securities
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
iii. Sharia financing
iv. Other financial assets
f. Losses related to operational risk
g. Losses from investment in shares under equity method
h. Comissions/provisions/fees and administrative
i. Impairment on non financial assets
j. Salaries and employee benefits
k. Promotion expenses
l. Other expenses
Other Operating Income (Expenses)
PROFIT (LOSS) FROM OPERATIONS
NON OPERATING INCOME AND EXPENSES
1. Gain (Losses) from sale of premises and equipment
2. Gain (Losses) from foreign currencies translation
3. Other non operating income (expenses)
PROFIT (LOSS) FROM NON OPERATING
PROFIT (LOSS) CURRENT PERIOD BEFORE TAX
Income tax expenses
a. Estimated current tax
b. Deffered tax income (expenses)
PROFIT (LOSS) AFTER INCOME TAX - NET
OTHER COMPREHENSIVE INCOME
1. Unreclassified accounts to profit (loss)
a. Premises and equipment revaluation increment
b. Gain (losses) from actuarial benefit program
c. Other comprehensive income from entity associations
d. Others
e. Income tax related to unreclassified accounts to profit (loss)
2. Reclassified accounts 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 reclassified accounts to profit (loss)
Other comprehensive income current period after income tax - net
TOTAL OTHER COMPREHENSIVE INCOME CURRENT PERIOD
Income atributtable to :
Parent Company
Non controlling interest
TOTAL INCOME CURRENT PERIOD
Total other comprehensive income atributtable to :
Parent Company
Non controlling interest
TOTAL OTHER COMPREHENSIVE INCOME CURRENT PERIOD
TRANSFER INCOME (LOSSES) TO HEAD OFFICE
DIVIDEND
EARNING PER SHARE
150,272
33,537
480,606
(12,936,327)
13,017,818
(258,520)
3,322,862
25,871,291
769,380,534
100,851
(289,392)
(6,800)
53,285
-
DESCRIPTION
OPERATING INCOME AND EXPENSES
A. Interest Income and Sharia, Interest Expenses and Sharia, and
Premium Income and Claim Expenses
1. Interest Income and Sharia Income
a. Rupiah
b. Foreign currencies
2. Interest Expense and Sharia Expenses
a. Rupiah
b. Foreign currencies
Net Interest Income and Sharia Income (Expenses)
3. Premium Income
4. Claim Expense
Net Premium Income (Claim Expenses)
Net Interest Income (Expenses), Sharia, and Net Premium Income (Claim Expenses)
18,719,445
83,185,965
24,227,538
75,289
150,039
19,815
480,606
No.
31 December 2014
(Audited)
15,091,915
88,166,232
21,388,851
128,861
150,039
19,815
708,143
EQUITY
18. Share capital
a. Authorised capital
b. Unpaid-in capital-/c. Treasury stock -/19. Additional Paid-in Capital
a. Agio
b. Disagio -/c. Donated capital
d. Funds for paid-up capital
e. Others
20. Other comprehensive income (losses)
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. Gain (Losses) from actuarial benefit program
g. Income tax related to other comprehensive income
h. Others
21. Difference arising from quasi reorganisation
22. Difference arising from restructuring value of transaction of entities
under common control
23. Other equity
24. Reserve
a. General reserve
b. Appropriated reserve
25. Retained Earning
a. Previous years *)
b. Current year
TOTAL EQUITY ATTRIBUTABLE TO OWNER
26. Non controlling interest
TOTAL EQUITY
TOTAL LIABILITIES AND EQUITY
STATEMENTS OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME
(In Millions of Rupiah)
31 March 2014
31 March 2014
15,059,471
13,971,029
1,088,442
6,033,617
5,652,949
380,668
9,025,854
9,025,854
12,486,368
11,622,429
863,939
4,326,423
4,118,965
207,458
8,159,945
8,159,945
17,117,069
15,966,890
1,150,179
6,853,114
6,471,051
382,063
10,263,955
2,456,552
1,775,860
680,692
10,944,647
14,313,290
13,404,727
908,563
5,063,876
4,853,884
209,992
9,249,414
1,782,980
1,198,692
584,288
9,833,702
4,175,942
2,997,997
3,960,039
3,527,618
2,223
319,442
-
4,259
355,284
-
66,430
319,442
-
94,495
355,285
-
145,506
62,297
717,799
2,139,463
81,812
707,400
6,473,337
55,863
42,288
1,874,950
665,353
5,518,689
163,607
68,359
579
2,359,794
82,625
899,203
8,113,330
63,217
49,196
2,134,800
830,625
6,897,882
-
-
-
-
-
-
-
-
2,842
872,269
165,513
(11,952)
161,454
42,703
2,021,833
157,209
2,106,818
(2,520,692)
5,639,253
1,444,081
185,829
2,152
188,995
2,874,900
147,500
3,269,873
(4,153,291)
6,791,356
2,781
952,358
233,139
(11,952)
161,454
40,857
2,544,074
185,598
2,789,573
(3,370,264)
6,463,438
3,396
3,396
6,731,855
3,119
(4,066)
(947)
5,638,306
2,398
2,398
6,793,754
3,121
(7,585)
(4,464)
6,458,974
(854,685)
(393,931)
5,483,239
(694,339)
(444,064)
4,499,903
(1,004,647)
(419,241)
5,369,866
(887,771)
(448,507)
5,122,696
(6,800)
-
-
(6,800)
-
Current
RELATED PARTIES
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 - Trade Transaction
11. Commitments and contingencies
a. Rupiah
b. Foreign currencies
12. Repossessed assets
Special
Mention
Sub
Standard
Loss
Total
Special
Mention
Sub
Standard
Doubtful
Loss
(7,290)
718,486
(113,507)
597,689
5,097,592
36,960
440,419
(88,084)
382,495
5,752,361
(43,890)
733,395
(116,489)
573,016
5,695,712
5,483,239
5,483,239
4,499,903
4,499,903
5,138,332
231,534
5,369,866
4,924,529
198,167
5,122,696
5,825,225
5,825,225
-
5,097,592
5,097,592
-
5,520,827
231,534
5,752,361
220.22
5,497,545
198,167
5,695,712
211.05
31 March 2015 31 March 2014
I.
1.
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 - Trade Transaction
11. Commitments and contingencies
a. Rupiah
b. Foreign currencies
12. Repossessed assets
22
1,749,725
-
-
-
-
22
1,749,725
70
1,325,907
-
-
-
-
70
1,325,907
-
-
-
-
-
-
-
-
-
-
-
262,541
-
305,672
126,658
-
-
-
-
305,672
126,658
262,541
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
9,637
-
-
-
-
9,637
36,894
-
-
-
-
36,894
2,441
2,441
11,685,163
3,746,418
7,938,745
9,822
4,027,729
32,011
791
791
-
561,227
-
-
25,191
-
2,441
2,441
11,685,954
3,747,209
7,938,745
9,822
4,614,147
32,011
7,204,179
3,709,993
3,494,186
13,347
2,654,451
-
622
622
481
-
-
474,227
-
27,469
-
7,204,801
3,710,615
3,494,186
13,828
3,156,147
-
738,230
6,077,750
-
202
-
-
-
-
738,432
6,077,750
-
371,519
2,664,408
-
-
-
-
-
371,519
2,664,408
-
21,643,396
37,400,006
-
-
-
45,891
21,643,396
37,445,897
10,531,668
29,398,125
-
-
-
50,979
10,531,668
29,449,104
121,965
6,896
-
-
-
-
121,965
6,896
253,499
60
-
-
-
-
253,499
60
86,304,711
25,031,634
-
-
-
87,000
-
86,391,711
25,031,634
78,125,919
19,049,306
-
-
-
86,815
12,438
78,212,734
19,061,744
5,080,480
-
-
-
-
-
5,080,480
-
5,115,026
-
-
-
-
-
5,115,026
-
COMPLIANCE
1. a. Percentage 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
4,330,250
19,114,124
546,353
-
-
-
4,330,250
19,660,477
10,533,592
14,178
-
-
-
10,547,770
63,930,518
63,596,910
333,608
371,089,785
311,538,207
59,551,578
6,003,296
3,062,532
2,940,764
24,682,209
1,955
12,477,804
5,515,243
5,508,740
6,503
17,590,773
13,448,236
4,142,537
6,529,338
4,488,690
2,040,648
3,609,492
655,679
399,090
399,090
940,963
326,566
614,397
558,429
117,066
441,363
87,662
57,143
790,125
790,125
515,518
515,518
121,671
121,671
112,896
236
-
1,759,702
1,759,702
4,299,607
3,369,978
929,629
1,192,608
811,374
381,234
354,418
1,054,218
72,394,678
72,054,567
340,111
394,436,646
329,198,505
65,238,141
14,405,342
8,601,333
5,804,009
28,846,677
1,955
236
14,244,844
57,313,395
56,687,146
626,249
326,857,521
272,277,989
54,579,532
6,297,403
3,074,645
3,222,758
25,492,188
1,955
9,098,036
4,703,052
4,689,961
13,091
11,734,542
9,736,196
1,998,346
3,268,145
1,603,535
1,664,610
3,478,478
476,239
306,612
306,612
493,536
329,554
163,982
50,841
50,841
94,732
-
559,084
559,084
506,321
505,438
883
18,729
18,729
108,817
510
-
1,706,805
1,706,805
3,763,759
2,419,575
1,344,184
1,560,742
785,636
775,106
297,299
935,143
64,588,948
63,949,608
639,340
343,355,679
285,268,752
58,086,927
11,195,860
5,533,386
5,662,474
29,471,514
1,955
510
10,509,418
105,653,412
62,775,811
-
501,446
559,174
-
1,801
4,662
-
1,386
79
-
29,192
139
19,815
106,187,237
63,339,865
19,815
92,064,837
59,150,058
-
413,127
212,479
-
1,372
-
3,080
-
63,978
4,923
19,815
92,546,394
59,367,460
19,815
-
-
-
17.87%
16.15%
1.23%
1.51%
2.65%
1.81%
0.53%
3.54%
25.84%
5.41%
65.02%
83.80%
1.24%
1.53%
2.87%
1.76%
0.45%
3.55%
24.56%
5.94%
63.58%
86.61%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
8.00%
8.10%
0.95%
8.11%
8.10%
2.29%
(In Millions of Rupiah)
BANK
TRANSACTION
Type
Notional Amount
A.
1.
2.
3.
1,238,500
517,643
-
8,859,149
550,953
8,784,000
829,871
8,859,149
550,953
8,784,000
829,871
9,648,066
243,627
8,560,597
371,870
9,648,066
243,627
8,560,597
371,870
22,673,699
49,326,439
23,909,362
50,111,245
22,675,266
49,979,288
23,910,508
50,900,502
122,334
-
38,620
-
122,334
-
38,620
-
5,000
-
10,000
-
5,000
-
10,000
-
10,118,828
2,098,526
364,065
-
12,255,309
2,852,728
174,640
-
10,134,186
2,105,514
364,840
-
12,287,396
2,880,718
174,640
-
495,313
20,272,227
453,429
18,305,893
497,656
20,274,920
455,772
18,308,707
8,089,449
51,949
32,729
7,615,239
51,949
32,729
8,094,789
1,089,807
32,729
7,620,314
946,905
32,729
25,475,129
47,221,534
379,087
28,458,307
44,501,007
377,195
25,582,079
47,416,482
379,087
28,563,086
44,539,265
377,195
(In Millions of Rupiah)
CONSOLIDATED
31 March 2015 31 March 2014*)
CASH FLOWS FROM OPERATING ACTIVITIES
Receipts from interest income and sharia income
Receipts from fees, commissions and premium - net
Payments of interest expense and 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 - 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
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
-
18,512,971
14,635,618
14.59%
6.41%
22.37%
20.93%
16,732,967
12,803,987
15.56%
6.67%
48.22%
44.98%
Derivative Receivables & Payables
Trading
Hedging
Receivables
Payables
Exchange Rate Related
Spot
Forward
Option
a. Written
b. Purchased
4. Future
5. Swap
6. Others
3,382,291
8,411,869
3,351,116
332,393
31,175
8,079,476
6,137
52,105
4,855
79,391
23,884,716
-
23,603,774
-
280,942
-
64,319
-
54,013
-
B, Interest Rate Related
1. Forward
2. Option
a. Written
b. Purchased
3. Future
4. Swap
5. Others
-
-
-
-
-
36,244,765
-
-
36,244,765
-
6,300
-
92,409
-
C. Others
TOTAL
71,923,641
27,287,283
44,636,358
128,861
230,668
8,981,308
949,333
553,850
-
10,527,668
556,310
552,940
-
STATEMENTS OF CALCULATION OF CAPITAL ADEQUACY RATIO COMMERCIAL BANK*)
(In Millions of Rupiah)
As at 31 March 2015 and 2014
31 March 2015
COMPONENTS OF CAPITAL
BANK
31 March 2014
CONSOLIDATED
BANK
82,041,600
82,041,600
11,666,667
79,309,065
17,476,308
2,333,333
54,349,199
5,483,239
100,851
(213,140)
(220,725)
(8,934,132)
(3,322,862)
(1,019,000)
(4,592,270)
-
89,681,571
89,681,571
11,666,667
84,402,086
17,316,192
2,333,333
59,719,328
5,138,332
240,586
(111,898)
(233,787)
542,256
(6,929,438)
(3,545,009)
(117,741)
(1,126,786)
(2,139,902)
-
72,334,592
72,334,592
-
77,623,462
77,623,462
-
II. Supplemental Capital (Tier 2)
1. Capital Instrument in the form of Stock or others which comply with regulations
2. Agio/disagio supplemental capital
3. General provison on earning assets (max. 1,25% credit risk weighted assets)
4. Appropriated reserves
5. Deduction supplemental capital (Tier 2)
5.1 Sinking Fund
5.2 Instrument Tier 2 to other bank investment
14,177,017
1,416,172
5,738,730
7,022,115
-
14,732,993
1,416,172
6,294,706
7,022,115
-
7,218,345
-
8,593,467
-
104,414,564
79,552,937
96,218,617
31 March 2015
Bank
Consolidated
31 March 2014
Bank
Consolidated
Description
31 March 2015
Bank
Consolidated
676
(569,549)
2,142,212
(3,430,438)
(8,165,106)
(593,835)
(7,382,805)
Acquisition of intangible assets
Net cash used in investing activities
CASH FLOWS FROM FINANCING ACTIVITIES
Decrease/(increase) of investment in Subsidiaries
Decrease in marketable securities issued
Increase in fund borrowings
Payment of Subordinated Loans
Increase in securities sold under repurchase agreements
Payments of dividends
Net cash 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
Supplemental Cash Flows Information
Activities not affecting cash flows :
Unrealised losses from decrease in fair value of available for sale marketable securities
and Government Bonds - net of deffered tax
Acquisition of fixed assets - payable
2,769
168
(156,454)
(63,194)
(72,642)
(21,207,683)
(8,194)
(8,047,860)
(838,167)
644,596
(201,428)
(6,835)
(3,321,918)
(94,015)
(5,237)
(715,137)
(1,730,298)
(65,675)
- (5,461,126)
(6,097,048) (5,698,192)
(3,330,318) (17,176,490)
2,241,980
1,969,476
138,804,383 121,023,158
137,716,045 105,816,144
16,756,025 14,501,262
51,585,439 44,403,115
8,579,087 15,745,928
60,476,049 31,160,839
319,445
5,000
137,716,045 105,816,144
(219,013)
(585,397)
(800,334)
(582,096)
* ) For comparative purposes, certain accounts in the Statement of Cash Flows for the periods ended
31 March 2014 have been reclassified to conform with the presentation of Statement of Cash flows
for the periods ended 31 March 2015.
45,891
118,222
148,289
9,070,614
26,385
118
1,646,136
92,468
Collective
40,903
8,183
111,502
7,265,175
31,553
28,842
31 March 2014
Required Allowance for
Possible Losses on Earning Assets
General
Spesific
213,430
1,226
190,767
12,952
191,238
4,467,079
72
125,098
842,904
45,891
87,000
27,318
8,068,480
109,375
118
1,095,574
60,599
Required Allowance for
Possible Losses on Earning Assets
General
Spesific
Allowance for Impairment
Individual
50,979
140,472
214,706
9,079,181
41,966
255
1,361,793
152,426
Collective
25,298
7,311
34,755
5,752,656
23,595
72,554
234,750
2,507
136,310
105,705
3,913,751
50
90,980
714,612
50,979
99,253
709
6,945,200
264,583
255
958,955
85,981
CONSOLIDATED
I. Core Capital (Tier 1)
1. Core Capital (Common Equity Tier 1)
1.1 Paid-in Capital
1.2 Disclosed Reserves
1.2.1 Agio/Disagio
1.2.2 Donated capital
1.2.3 General reserves
1.2.4 Previous years profit/(loss)
1.2.5 Current year profit/(loss)
1.2.6 Differences arising from translation of financial statement
1.2.7 Funds for paid-up capital
1.2.8 Warrant issued
1.2.9 Stock option issued for stock-based compensation program
1.2.10 Other comprehensive income
1.2.11 Surplus of fixed assets revaluation
1.2.12 Difference in allowance for possible losses and allowance for impairment on earning assets
1.2.13 Allowance for impairment on non earning assets which shall be calculated
1.2.14 Difference in adjusment amounts from fair value of financial assets in trading book
1.3 Non Controlling Interest
1.4 Deduction
1.4.1 Deffered tax calculated
1.4.2 Goodwill
1.4.3 Other intangible assets
1.4.4 Investments in shares
1.4.5 Shortage of capital on insurance subsidiaries
1.4.6 Securitisation exposure
1.4.7 Other deduction core capital
1.4.8 Instrument AT1 and Tier 2 to other bank investment
2. Additional Tier 1
2.1 Instrument of AT1
2.2 Agio/Disagio
2.3 Deduction: Instrument AT1 and Tier 2 to other bank investment
III. Total Core Capital and supplemental capital (I+II)
Allowance for Impairment
Placements with other banks
Spot and derivative receivables
Securities
Securities sold with agreement to repurchase (Repo)
Securities purchased with agreement to resell (Reverse Repo)
Acceptances receivables
Loans
Investments in shares
Temporary invesment
Other Receivable - Trade Transaction
Commitments and contingencies
(457)
(624,543)
(635,269)
23,974,413
(In Millions of Rupiah)
Individual
1.
2.
3.
4.
5.
6.
7.
8.
9.
10.
11.
(821,102)
(3,843,881)
(1,554,293)
2,276,768
2,959,254
(801,117)
(53,120)
(45,119)
(406,106)
(1,480,150)
526,297
(12,816,250)
31 March 2015
DESCRIPTION
1,177,090
3,777,329
(1,242,511)
(4,085,888)
14,550,683
(166,198)
37,297
(54,406)
(618,628)
(1,022,934)
535,342
Increase in Government Bonds - Available for sale and Held to maturity
As at 31 March 2015 and 2014
No.
13,511,794
2,714,290
(4,951,542)
8,845,801
(9,165,895)
(2,908,477)
309,125
(1,106,567)
(3,606,834)
(2,030,885)
(4,464)
(1,560,169)
46,177
Increase in marketable securities - Available for sale and Held to maturity
ALLOWANCES FOR IMPAIRMENT
-
16,251,573
3,029,495
(6,746,743)
26,521,237
(27,096,773)
(289,174)
375,431
(1,679,431)
(3,964,424)
(2,242,853)
2,398
(1,187,515)
2,973,221
14,346,700 (12,261,342)
(21,581,977) (11,675,597)
14,170,979
6,968,019
(1,970,985) 2,527,550
149,523
308,277
865,068
1,956,555
49,771
762,357
3,345,206
9,606,796
Acquisition of fixed assets
STATEMENTS OF SPOT AND DERIVATIVE TRANSACTIONS
No.
3,922,200
276,241
-
Proceeds from sale of fixed assets
As at 31 March 2015
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
No.
PERFORMANCE RATIOS
1. Capital Adequacy Ratio (CAR)
2. Non performing earning assets and non performing non earning assets
to total earning assets and non earning assets
3. Non performing earning assets to total earning assets
4. Allowance for impairment on financial assets to earning assets
5. Gross NPL
6. Net NPL
7. Return on Asset (ROA)
8. Return on Equity (ROE)
9. Net Interest Margin (NIM)
10. Operating Expenses to Operating Income
11. Loan to Deposit Ratio (LDR)
1,238,500
517,643
-
DESCRIPTION
RATIOS
31 December 2014
(Audited)
3,922,200
275,469
-
For the Periods Ended 31 March 2015 and 2014
(In %)
Total
COMMITMENT RECEIVABLES
1. Unused fund borrowings facilities
a. Rupiah
b. Foreign currencies
2. Outstanding purchase position on spot and derivative
3. Others
CONSOLIDATED
31 March 2015 31 December 2014 31 March 2015
(Audited)
STATEMENTS OF CASH FLOWS
BANK
Current
I.
IV. CONTINGENT PAYABLES
1. Guarantees issued
a. Rupiah
b. Foreign currencies
2. Others
-
2,659
432,659
(86,532)
341,986
5,825,225
No.
31 March 2014
Doubtful
DESCRIPTION
III. CONTINGENT RECEIVABLES
1. Guarantees received
a. Rupiah
b. Foreign currencies
2. Unrecognized interest income
a. Interest loan
b. Others interest
3. Others
STATEMENTS OF CALCULATION OF FINANCIAL RATIOS
31 March 2015
DESCRIPTION
No.
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
1,229,114
126,839
2,152
188,995
2,253,955
120,377
2,551,905
(2,297,395)
6,728,459
BANK
No.
(In Millions of Rupiah)
BANK
31 March 2015
(In Millions of Rupiah) As at 31 March 2015 and 2014
As at 31 March 2015 and 2014
As at 31 March 2015 and 31 December 2014
CONSOLIDATED
*) Accumulated losses of Rp162,874,901 million has been eliminated against additional paid-in capital/agio through quasi-reorganisation on 30 April 2003.
**) Consolidated balance includes temporary syirkah funds from a Subsidiary.
***) Including Securities owned by Subsidiary which classsified "At Cost", accordance with SFAS 110 "Accounting for Sukuk", which was effective since 1 January 2012.
STATEMENTS OF ASSETS’ QUALITY AND OTHER INFORMATION
STATEMENTS OF COMMITMENTS AND CONTINGENCIES
MANAGEMENT OF THE BANK
SHAREHOLDER
Ultimate Shareholder
Board of Commissioners
- President Commissioner
- Deputy President Commissioner
- Independent Commissioner
- Commissioner
- Independent Commissioner
- Commissioner
- Independent Commissioner
- Independent Commissioner
- Independent Commissioner
:
:
:
:
:
:
:
:
:
Darmin Nasution *)
Imam Apriyanto Putro *)
Abdul Aziz **)
Askolani
Aviliani
Suwhono *)
Goei Siauw Hong *)
Bangun Sarwito Kusmuljono *)
Cahaya Dwi Rembulan Sinaga *)
Board of Directors
- President Director
- Vice President Director
- Director
- Director
- Director
- Director
- Director
- Director
- Director
- Director
- Director
:
:
:
:
:
:
:
:
:
:
:
Budi Gunadi Sadikin
Sulaiman Arif Arianto *)
Sentot A. Sentausa
Ogi Prastomiyono
Pahala N. Mansury
Royke Tumilaar
Hery Gunardi
Tardi *)
Ahmad Siddik Badruddin *)
Kartini Sally *)
Kartika Wirjoatmodjo *)
*) Based on Extraordinary Shareholders' Meeting on 16 March 2015, waiting for approval from Otoritas Jasa Keuangan (OJK) upon fit & proper test.
**) Based on Extraordinary Shareholders' Meeting on 16 March 2015, become independent comissioner, which will be effective after obtaining approval from Otoritas Jasa Keuangan (OJK) on the fit and proper test.
Notes :
1. Presentation of the above Published Financial Statement as at and for three months ended 31 March 2015 and 2014 are derived form the Consolidated Financial Statement of PT Bank Mandiri (Persero) Tbk. and Subsidiaries
(unaudited), and Consolidated Financial Statement as at and for the years ended 31 December 2014 are derived from the Consolidated Financial Statement of PT Bank Mandiri (Persero) Tbk and subsidiaries which were audited
by Public Accounting Firm KAP Tanudiredja, Wibisana & Rekan - a member Firm of PwC Global Network with partner in charge Drs.Haryanto Sahari, CPA whose report dated 2 February 2015 expressed an Unqualified Opinion.
2. The above Published Financial Statements are presented to comply with Otoritas Jasa Keuangan (OJK) Regulation No.6/POJK.03/2015 dated 31 March 2015 regarding Transparency and Published Financial Statements of
the Bank, and also in accordance with rule of Capital Market and Financial Institution Supervisory Agency (Bapepam-LK) No.X.K.2, Decision of Chairman of Bapepam-LK No.Kep-346/BL/2011 dated 5 July 2011 regarding
Submission of Periodic Financial Statement for Issuers or Public Companies. Financial Information and Statement of Cash Flows included in the Published Financial Statement have been prepared in accordance with BapepamLK regulation No.VIII.G7, Decision of Chairman of Bapepam-LK No.Kep-347/BL/2012 dated 25 June 2012.
3. Bank has adjusted Consolidated Financial Statements for the year 2015 in respect of the Implementation of SFAS 24 (Revised 2013).
4. Related Parties in the Assets' Quality and Other Information are presented in accordance with Bank Indonesia Regulation No.7/3/PBI/2005 dated 20 January 2005 which was amended by Bank Indonesia Regulation
No.8/13/PBI/2006 dated 5 October 2006 regarding The Legal Lending Limit For Commercial Banks.
5. Since 21 January 2015, the Financial Statements of PT Mandiri Utama Finance has been consolidated into the Consolidated Financial Statements of PT Bank Mandiri (Persero) Tbk. and Subsidiaries upon acquisition of 51%
ownership in PT Mandiri Utama Finance by PT Bank Mandiri (Persero) Tbk.
6. Exchange rate of 1 US Dollar as at 31 March 2015, 31 March 2014 and 31 December 2014 were Rp13,074.00; Rp11,360.00 and Rp12,385.00 respectively.
Jakarta, 24 April 2015
S. E & O
Board of Directors
PT Bank Mandiri (Persero) Tbk.
86,216,929
31 March 2014
Bank
Consolidated
RISK WEIGHTED ASSETS
CAR
CREDIT RISK - WEIGHTED ASSETS
459,098,366
503,576,441
423,236,853
468,923,511
CET1 RATIO
15.23%
14.91%
14.69%
14.10%
MARKET RISK - WEIGHTED ASSETS
930,794
1,237,987
1,554,399
1,918,566
Tier 1 Ratio
15.23%
14.91%
14.69%
14.10%
OPERATIONAL RISK - WEIGHTED ASSETS
78,491,065
96,538,932
67,718,732
79,511,930
Tier 2 Ratio
2.63%
2.45%
1.47%
1.56%
TOTAL RISK WEIGHTED ASSETS
538,520,225
601,353,360
492,509,984
550,354,007
Total Ratio
17.87%
17.36%
16.15%
15.67%
CAR BASED ON RISK PROFILE
9.00%
9.00%
9.00%
9.00%
*) Capital Adequacy Ratio as at 31 March 2015 has been calculated based on Bank Indonesia Regulation (PBI) No.15/12/PBI/2013 regarding Minimum Capital Adequacy Requirement for Commercial Bank, Capital Adequacy Ratio as at 31 March 2014 has been calculated based on
PBI No.14/18/PBI/2012 regarding Minimum Capital Adequacy Requirement for Commercial Bank.
Alpha Southeast Asia,
Finance Asia, The Asset and
Corporate Treasurer
MRI and Infobank Magazine
Indonesia Institute for
Corporate Governance (IICG)
and SW A Magazine
Budi G. Sadikin
President Director
Pahala N. Mansury
Director
PT Bank M andiri (Persero) Tbk. and Subsidiaries
STATEMENTS OF FINANCIAL POSITION
As at 31 March 2015 and 31 December 2014
No.
1.
2.
3.
4.
5.
6.
7.
8.
9.
10.
11.
12.
13.
14.
15.
16.
17.
18.
19.
20.
21.
1.
2.
3.
4.
5.
6.
7.
8.
9.
10.
11.
12.
13.
14.
15.
16.
17.
(In Millions of Rupiah)
BANK
DESCRIPTION
31 March 2015
ASSETS
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 with agreement to repurchase (Repo)
Securities purchased with agreement to resell (Reverse Repo)
Acceptances receivables
Loans
a. Fair value through profit/loss
b. Available for sale
c. Held to maturity
d. Loans and receivables
Consumer finance 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
TOTAL ASSETS
LIABILITIES AND EQUITY
LIABILITIES
Demand deposits **)
Savings deposits **)
Time deposits **)
Investment fund - revenue sharing
Fund from Bank Indonesia
Fund from other banks **)
Spot and derivative liabilities
Liabilities sold with repo agreements to repurchase (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 linked holders
Other liabilities
Investment fund - profit sharing
TOTAL LIABILITIES
For the Periods Ended 31 March 2015 and 2014
CONSOLIDATED
31 December 2014
(Audited)
31 March 2015
BANK
16,756,025
97,417,288
25,568,085
128,861
20,704,563
93,335,143
27,463,279
75,289
3,212,282
83,940,158
24,703,235
5,080,480
4,330,250
19,670,114
2,442,863
66,730,393
24,644,673
7,088,104
18,528,320
13,114,059
24,059,725
84,740,863
30,654,440
5,080,480
5,236,062
19,670,114
22,381,653
67,678,009
29,406,588
7,088,104
19,786,745
13,114,059
478,519,719
4,616,338
-
475,266,826
4,235,368
-
525,862,839
6,215,496
58,642
-
523,101,817
6,087,987
58,672
-
(126,405)
(16,335,789)
(2,050,777)
2,546,159
(1,527,159)
13,847,577
(5,716,628)
(127,801)
(15,927,985)
(1,850,478)
2,565,198
(1,472,270)
13,716,579
(5,514,581)
(271,728)
(18,012,230)
(2,297,915)
3,292,624
(1,640,606)
15,638,958
(6,822,493)
(272,861)
(17,706,947)
(2,077,815)
3,219,982
(1,575,399)
15,487,052
(6,558,196)
150,272
33,537
708,143
(12,382,956)
12,484,994
(249,240)
3,803,325
23,085,124
757,039,212
(12,936,327)
13,017,818
(271,582)
745,937
3,709,724
31,854,787
868,347,839
(12,382,956)
12,484,994
(262,302)
783,737
4,189,120
28,764,941
855,039,673
135,328,910
208,276,466
225,129,765
29,278,731
230,668
4,382,291
19,670,114
564
23,456,179
1,607,847
123,042,656
229,454,611
223,828,534
17,690,236
160,038
6,112,589
13,114,059
564
25,129,019
1,849,027
141,490,532
230,584,215
256,637,648
29,148,296
230,668
4,382,291
19,670,114
1,725,585
25,752,003
1,607,847
128,067,091
252,444,999
255,870,003
17,772,200
160,038
6,112,589
13,114,059
1,924,934
27,975,628
1,849,027
23,830,194
671,191,729
19,326,331
659,707,664
18,208,867
34,119,015
763,557,081
17,343,799
27,560,744
750,195,111
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
-
98,192
(722,051)
139,817
-
240,585
(268,024)
(6,800)
49,011
-
203,625
(708,443)
137,095
-
-
-
-
-
2,333,333
7,022,115
2,333,333
4,399,179
2,333,333
7,022,115
2,333,333
4,399,179
54,349,199
5,483,239
98,188,805
98,188,805
769,380,534
42,511,775
19,428,328
97,331,548
97,331,548
757,039,212
59,719,329
5,138,332
103,210,740
1,580,018
104,790,758
868,347,839
47,438,360
19,871,873
102,657,881
2,186,681
104,844,562
855,039,673
31 March 2015
B. Other Operating Income and Expenses
1. Other Operating Income
a. Increase in fair value of financial assets
i. Securities
ii. Loans
iii. Spot and derivative
iv. Other financial assets
b. Decrease in fair value of financial liabilities
c. Gain from sale of financial assets
i. Securities
ii. Loans
iii. Other financial assets
d. Gain from spot and derivative transaction (realised)
e. Dividend
f. Gain from investment in shares with equity method
g. Comissions/provisions/fees and administrative
h. Recovery on allowance for impairment
i. Other income
2. Other Operating Expenses
a. Decrease in fair value of financial assets
i. Securities
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
iii. Sharia financing
iv. Other financial assets
f. Losses related to operational risk
g. Losses from investment in shares under equity method
h. Comissions/provisions/fees and administrative
i. Impairment on non financial assets
j. Salaries and employee benefits
k. Promotion expenses
l. Other expenses
Other Operating Income (Expenses)
PROFIT (LOSS) FROM OPERATIONS
NON OPERATING INCOME AND EXPENSES
1. Gain (Losses) from sale of premises and equipment
2. Gain (Losses) from foreign currencies translation
3. Other non operating income (expenses)
PROFIT (LOSS) FROM NON OPERATING
PROFIT (LOSS) CURRENT PERIOD BEFORE TAX
Income tax expenses
a. Estimated current tax
b. Deffered tax income (expenses)
PROFIT (LOSS) AFTER INCOME TAX - NET
OTHER COMPREHENSIVE INCOME
1. Unreclassified accounts to profit (loss)
a. Premises and equipment revaluation increment
b. Gain (losses) from actuarial benefit program
c. Other comprehensive income from entity associations
d. Others
e. Income tax related to unreclassified accounts to profit (loss)
2. Reclassified accounts 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 reclassified accounts to profit (loss)
Other comprehensive income current period after income tax - net
TOTAL OTHER COMPREHENSIVE INCOME CURRENT PERIOD
Income atributtable to :
Parent Company
Non controlling interest
TOTAL INCOME CURRENT PERIOD
Total other comprehensive income atributtable to :
Parent Company
Non controlling interest
TOTAL OTHER COMPREHENSIVE INCOME CURRENT PERIOD
TRANSFER INCOME (LOSSES) TO HEAD OFFICE
DIVIDEND
EARNING PER SHARE
150,272
33,537
480,606
(12,936,327)
13,017,818
(258,520)
3,322,862
25,871,291
769,380,534
100,851
(289,392)
(6,800)
53,285
-
DESCRIPTION
OPERATING INCOME AND EXPENSES
A. Interest Income and Sharia, Interest Expenses and Sharia, and
Premium Income and Claim Expenses
1. Interest Income and Sharia Income
a. Rupiah
b. Foreign currencies
2. Interest Expense and Sharia Expenses
a. Rupiah
b. Foreign currencies
Net Interest Income and Sharia Income (Expenses)
3. Premium Income
4. Claim Expense
Net Premium Income (Claim Expenses)
Net Interest Income (Expenses), Sharia, and Net Premium Income (Claim Expenses)
18,719,445
83,185,965
24,227,538
75,289
150,039
19,815
480,606
No.
31 December 2014
(Audited)
15,091,915
88,166,232
21,388,851
128,861
150,039
19,815
708,143
EQUITY
18. Share capital
a. Authorised capital
b. Unpaid-in capital-/c. Treasury stock -/19. Additional Paid-in Capital
a. Agio
b. Disagio -/c. Donated capital
d. Funds for paid-up capital
e. Others
20. Other comprehensive income (losses)
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. Gain (Losses) from actuarial benefit program
g. Income tax related to other comprehensive income
h. Others
21. Difference arising from quasi reorganisation
22. Difference arising from restructuring value of transaction of entities
under common control
23. Other equity
24. Reserve
a. General reserve
b. Appropriated reserve
25. Retained Earning
a. Previous years *)
b. Current year
TOTAL EQUITY ATTRIBUTABLE TO OWNER
26. Non controlling interest
TOTAL EQUITY
TOTAL LIABILITIES AND EQUITY
STATEMENTS OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME
(In Millions of Rupiah)
31 March 2014
31 March 2014
15,059,471
13,971,029
1,088,442
6,033,617
5,652,949
380,668
9,025,854
9,025,854
12,486,368
11,622,429
863,939
4,326,423
4,118,965
207,458
8,159,945
8,159,945
17,117,069
15,966,890
1,150,179
6,853,114
6,471,051
382,063
10,263,955
2,456,552
1,775,860
680,692
10,944,647
14,313,290
13,404,727
908,563
5,063,876
4,853,884
209,992
9,249,414
1,782,980
1,198,692
584,288
9,833,702
4,175,942
2,997,997
3,960,039
3,527,618
2,223
319,442
-
4,259
355,284
-
66,430
319,442
-
94,495
355,285
-
145,506
62,297
717,799
2,139,463
81,812
707,400
6,473,337
55,863
42,288
1,874,950
665,353
5,518,689
163,607
68,359
579
2,359,794
82,625
899,203
8,113,330
63,217
49,196
2,134,800
830,625
6,897,882
-
-
-
-
-
-
-
-
2,842
872,269
165,513
(11,952)
161,454
42,703
2,021,833
157,209
2,106,818
(2,520,692)
5,639,253
1,444,081
185,829
2,152
188,995
2,874,900
147,500
3,269,873
(4,153,291)
6,791,356
2,781
952,358
233,139
(11,952)
161,454
40,857
2,544,074
185,598
2,789,573
(3,370,264)
6,463,438
3,396
3,396
6,731,855
3,119
(4,066)
(947)
5,638,306
2,398
2,398
6,793,754
3,121
(7,585)
(4,464)
6,458,974
(854,685)
(393,931)
5,483,239
(694,339)
(444,064)
4,499,903
(1,004,647)
(419,241)
5,369,866
(887,771)
(448,507)
5,122,696
(6,800)
-
-
(6,800)
-
Current
RELATED PARTIES
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 - Trade Transaction
11. Commitments and contingencies
a. Rupiah
b. Foreign currencies
12. Repossessed assets
Special
Mention
Sub
Standard
Loss
Total
Special
Mention
Sub
Standard
Doubtful
Loss
(7,290)
718,486
(113,507)
597,689
5,097,592
36,960
440,419
(88,084)
382,495
5,752,361
(43,890)
733,395
(116,489)
573,016
5,695,712
5,483,239
5,483,239
4,499,903
4,499,903
5,138,332
231,534
5,369,866
4,924,529
198,167
5,122,696
5,825,225
5,825,225
-
5,097,592
5,097,592
-
5,520,827
231,534
5,752,361
220.22
5,497,545
198,167
5,695,712
211.05
31 March 2015 31 March 2014
I.
1.
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 - Trade Transaction
11. Commitments and contingencies
a. Rupiah
b. Foreign currencies
12. Repossessed assets
22
1,749,725
-
-
-
-
22
1,749,725
70
1,325,907
-
-
-
-
70
1,325,907
-
-
-
-
-
-
-
-
-
-
-
262,541
-
305,672
126,658
-
-
-
-
305,672
126,658
262,541
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
9,637
-
-
-
-
9,637
36,894
-
-
-
-
36,894
2,441
2,441
11,685,163
3,746,418
7,938,745
9,822
4,027,729
32,011
791
791
-
561,227
-
-
25,191
-
2,441
2,441
11,685,954
3,747,209
7,938,745
9,822
4,614,147
32,011
7,204,179
3,709,993
3,494,186
13,347
2,654,451
-
622
622
481
-
-
474,227
-
27,469
-
7,204,801
3,710,615
3,494,186
13,828
3,156,147
-
738,230
6,077,750
-
202
-
-
-
-
738,432
6,077,750
-
371,519
2,664,408
-
-
-
-
-
371,519
2,664,408
-
21,643,396
37,400,006
-
-
-
45,891
21,643,396
37,445,897
10,531,668
29,398,125
-
-
-
50,979
10,531,668
29,449,104
121,965
6,896
-
-
-
-
121,965
6,896
253,499
60
-
-
-
-
253,499
60
86,304,711
25,031,634
-
-
-
87,000
-
86,391,711
25,031,634
78,125,919
19,049,306
-
-
-
86,815
12,438
78,212,734
19,061,744
5,080,480
-
-
-
-
-
5,080,480
-
5,115,026
-
-
-
-
-
5,115,026
-
COMPLIANCE
1. a. Percentage 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
4,330,250
19,114,124
546,353
-
-
-
4,330,250
19,660,477
10,533,592
14,178
-
-
-
10,547,770
63,930,518
63,596,910
333,608
371,089,785
311,538,207
59,551,578
6,003,296
3,062,532
2,940,764
24,682,209
1,955
12,477,804
5,515,243
5,508,740
6,503
17,590,773
13,448,236
4,142,537
6,529,338
4,488,690
2,040,648
3,609,492
655,679
399,090
399,090
940,963
326,566
614,397
558,429
117,066
441,363
87,662
57,143
790,125
790,125
515,518
515,518
121,671
121,671
112,896
236
-
1,759,702
1,759,702
4,299,607
3,369,978
929,629
1,192,608
811,374
381,234
354,418
1,054,218
72,394,678
72,054,567
340,111
394,436,646
329,198,505
65,238,141
14,405,342
8,601,333
5,804,009
28,846,677
1,955
236
14,244,844
57,313,395
56,687,146
626,249
326,857,521
272,277,989
54,579,532
6,297,403
3,074,645
3,222,758
25,492,188
1,955
9,098,036
4,703,052
4,689,961
13,091
11,734,542
9,736,196
1,998,346
3,268,145
1,603,535
1,664,610
3,478,478
476,239
306,612
306,612
493,536
329,554
163,982
50,841
50,841
94,732
-
559,084
559,084
506,321
505,438
883
18,729
18,729
108,817
510
-
1,706,805
1,706,805
3,763,759
2,419,575
1,344,184
1,560,742
785,636
775,106
297,299
935,143
64,588,948
63,949,608
639,340
343,355,679
285,268,752
58,086,927
11,195,860
5,533,386
5,662,474
29,471,514
1,955
510
10,509,418
105,653,412
62,775,811
-
501,446
559,174
-
1,801
4,662
-
1,386
79
-
29,192
139
19,815
106,187,237
63,339,865
19,815
92,064,837
59,150,058
-
413,127
212,479
-
1,372
-
3,080
-
63,978
4,923
19,815
92,546,394
59,367,460
19,815
-
-
-
17.87%
16.15%
1.23%
1.51%
2.65%
1.81%
0.53%
3.54%
25.84%
5.41%
65.02%
83.80%
1.24%
1.53%
2.87%
1.76%
0.45%
3.55%
24.56%
5.94%
63.58%
86.61%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
8.00%
8.10%
0.95%
8.11%
8.10%
2.29%
(In Millions of Rupiah)
BANK
TRANSACTION
Type
Notional Amount
A.
1.
2.
3.
1,238,500
517,643
-
8,859,149
550,953
8,784,000
829,871
8,859,149
550,953
8,784,000
829,871
9,648,066
243,627
8,560,597
371,870
9,648,066
243,627
8,560,597
371,870
22,673,699
49,326,439
23,909,362
50,111,245
22,675,266
49,979,288
23,910,508
50,900,502
122,334
-
38,620
-
122,334
-
38,620
-
5,000
-
10,000
-
5,000
-
10,000
-
10,118,828
2,098,526
364,065
-
12,255,309
2,852,728
174,640
-
10,134,186
2,105,514
364,840
-
12,287,396
2,880,718
174,640
-
495,313
20,272,227
453,429
18,305,893
497,656
20,274,920
455,772
18,308,707
8,089,449
51,949
32,729
7,615,239
51,949
32,729
8,094,789
1,089,807
32,729
7,620,314
946,905
32,729
25,475,129
47,221,534
379,087
28,458,307
44,501,007
377,195
25,582,079
47,416,482
379,087
28,563,086
44,539,265
377,195
(In Millions of Rupiah)
CONSOLIDATED
31 March 2015 31 March 2014*)
CASH FLOWS FROM OPERATING ACTIVITIES
Receipts from interest income and sharia income
Receipts from fees, commissions and premium - net
Payments of interest expense and 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 - 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
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
-
18,512,971
14,635,618
14.59%
6.41%
22.37%
20.93%
16,732,967
12,803,987
15.56%
6.67%
48.22%
44.98%
Derivative Receivables & Payables
Trading
Hedging
Receivables
Payables
Exchange Rate Related
Spot
Forward
Option
a. Written
b. Purchased
4. Future
5. Swap
6. Others
3,382,291
8,411,869
3,351,116
332,393
31,175
8,079,476
6,137
52,105
4,855
79,391
23,884,716
-
23,603,774
-
280,942
-
64,319
-
54,013
-
B, Interest Rate Related
1. Forward
2. Option
a. Written
b. Purchased
3. Future
4. Swap
5. Others
-
-
-
-
-
36,244,765
-
-
36,244,765
-
6,300
-
92,409
-
C. Others
TOTAL
71,923,641
27,287,283
44,636,358
128,861
230,668
8,981,308
949,333
553,850
-
10,527,668
556,310
552,940
-
STATEMENTS OF CALCULATION OF CAPITAL ADEQUACY RATIO COMMERCIAL BANK*)
(In Millions of Rupiah)
As at 31 March 2015 and 2014
31 March 2015
COMPONENTS OF CAPITAL
BANK
31 March 2014
CONSOLIDATED
BANK
82,041,600
82,041,600
11,666,667
79,309,065
17,476,308
2,333,333
54,349,199
5,483,239
100,851
(213,140)
(220,725)
(8,934,132)
(3,322,862)
(1,019,000)
(4,592,270)
-
89,681,571
89,681,571
11,666,667
84,402,086
17,316,192
2,333,333
59,719,328
5,138,332
240,586
(111,898)
(233,787)
542,256
(6,929,438)
(3,545,009)
(117,741)
(1,126,786)
(2,139,902)
-
72,334,592
72,334,592
-
77,623,462
77,623,462
-
II. Supplemental Capital (Tier 2)
1. Capital Instrument in the form of Stock or others which comply with regulations
2. Agio/disagio supplemental capital
3. General provison on earning assets (max. 1,25% credit risk weighted assets)
4. Appropriated reserves
5. Deduction supplemental capital (Tier 2)
5.1 Sinking Fund
5.2 Instrument Tier 2 to other bank investment
14,177,017
1,416,172
5,738,730
7,022,115
-
14,732,993
1,416,172
6,294,706
7,022,115
-
7,218,345
-
8,593,467
-
104,414,564
79,552,937
96,218,617
31 March 2015
Bank
Consolidated
31 March 2014
Bank
Consolidated
Description
31 March 2015
Bank
Consolidated
676
(569,549)
2,142,212
(3,430,438)
(8,165,106)
(593,835)
(7,382,805)
Acquisition of intangible assets
Net cash used in investing activities
CASH FLOWS FROM FINANCING ACTIVITIES
Decrease/(increase) of investment in Subsidiaries
Decrease in marketable securities issued
Increase in fund borrowings
Payment of Subordinated Loans
Increase in securities sold under repurchase agreements
Payments of dividends
Net cash 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
Supplemental Cash Flows Information
Activities not affecting cash flows :
Unrealised losses from decrease in fair value of available for sale marketable securities
and Government Bonds - net of deffered tax
Acquisition of fixed assets - payable
2,769
168
(156,454)
(63,194)
(72,642)
(21,207,683)
(8,194)
(8,047,860)
(838,167)
644,596
(201,428)
(6,835)
(3,321,918)
(94,015)
(5,237)
(715,137)
(1,730,298)
(65,675)
- (5,461,126)
(6,097,048) (5,698,192)
(3,330,318) (17,176,490)
2,241,980
1,969,476
138,804,383 121,023,158
137,716,045 105,816,144
16,756,025 14,501,262
51,585,439 44,403,115
8,579,087 15,745,928
60,476,049 31,160,839
319,445
5,000
137,716,045 105,816,144
(219,013)
(585,397)
(800,334)
(582,096)
* ) For comparative purposes, certain accounts in the Statement of Cash Flows for the periods ended
31 March 2014 have been reclassified to conform with the presentation of Statement of Cash flows
for the periods ended 31 March 2015.
45,891
118,222
148,289
9,070,614
26,385
118
1,646,136
92,468
Collective
40,903
8,183
111,502
7,265,175
31,553
28,842
31 March 2014
Required Allowance for
Possible Losses on Earning Assets
General
Spesific
213,430
1,226
190,767
12,952
191,238
4,467,079
72
125,098
842,904
45,891
87,000
27,318
8,068,480
109,375
118
1,095,574
60,599
Required Allowance for
Possible Losses on Earning Assets
General
Spesific
Allowance for Impairment
Individual
50,979
140,472
214,706
9,079,181
41,966
255
1,361,793
152,426
Collective
25,298
7,311
34,755
5,752,656
23,595
72,554
234,750
2,507
136,310
105,705
3,913,751
50
90,980
714,612
50,979
99,253
709
6,945,200
264,583
255
958,955
85,981
CONSOLIDATED
I. Core Capital (Tier 1)
1. Core Capital (Common Equity Tier 1)
1.1 Paid-in Capital
1.2 Disclosed Reserves
1.2.1 Agio/Disagio
1.2.2 Donated capital
1.2.3 General reserves
1.2.4 Previous years profit/(loss)
1.2.5 Current year profit/(loss)
1.2.6 Differences arising from translation of financial statement
1.2.7 Funds for paid-up capital
1.2.8 Warrant issued
1.2.9 Stock option issued for stock-based compensation program
1.2.10 Other comprehensive income
1.2.11 Surplus of fixed assets revaluation
1.2.12 Difference in allowance for possible losses and allowance for impairment on earning assets
1.2.13 Allowance for impairment on non earning assets which shall be calculated
1.2.14 Difference in adjusment amounts from fair value of financial assets in trading book
1.3 Non Controlling Interest
1.4 Deduction
1.4.1 Deffered tax calculated
1.4.2 Goodwill
1.4.3 Other intangible assets
1.4.4 Investments in shares
1.4.5 Shortage of capital on insurance subsidiaries
1.4.6 Securitisation exposure
1.4.7 Other deduction core capital
1.4.8 Instrument AT1 and Tier 2 to other bank investment
2. Additional Tier 1
2.1 Instrument of AT1
2.2 Agio/Disagio
2.3 Deduction: Instrument AT1 and Tier 2 to other bank investment
III. Total Core Capital and supplemental capital (I+II)
Allowance for Impairment
Placements with other banks
Spot and derivative receivables
Securities
Securities sold with agreement to repurchase (Repo)
Securities purchased with agreement to resell (Reverse Repo)
Acceptances receivables
Loans
Investments in shares
Temporary invesment
Other Receivable - Trade Transaction
Commitments and contingencies
(457)
(624,543)
(635,269)
23,974,413
(In Millions of Rupiah)
Individual
1.
2.
3.
4.
5.
6.
7.
8.
9.
10.
11.
(821,102)
(3,843,881)
(1,554,293)
2,276,768
2,959,254
(801,117)
(53,120)
(45,119)
(406,106)
(1,480,150)
526,297
(12,816,250)
31 March 2015
DESCRIPTION
1,177,090
3,777,329
(1,242,511)
(4,085,888)
14,550,683
(166,198)
37,297
(54,406)
(618,628)
(1,022,934)
535,342
Increase in Government Bonds - Available for sale and Held to maturity
As at 31 March 2015 and 2014
No.
13,511,794
2,714,290
(4,951,542)
8,845,801
(9,165,895)
(2,908,477)
309,125
(1,106,567)
(3,606,834)
(2,030,885)
(4,464)
(1,560,169)
46,177
Increase in marketable securities - Available for sale and Held to maturity
ALLOWANCES FOR IMPAIRMENT
-
16,251,573
3,029,495
(6,746,743)
26,521,237
(27,096,773)
(289,174)
375,431
(1,679,431)
(3,964,424)
(2,242,853)
2,398
(1,187,515)
2,973,221
14,346,700 (12,261,342)
(21,581,977) (11,675,597)
14,170,979
6,968,019
(1,970,985) 2,527,550
149,523
308,277
865,068
1,956,555
49,771
762,357
3,345,206
9,606,796
Acquisition of fixed assets
STATEMENTS OF SPOT AND DERIVATIVE TRANSACTIONS
No.
3,922,200
276,241
-
Proceeds from sale of fixed assets
As at 31 March 2015
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
No.
PERFORMANCE RATIOS
1. Capital Adequacy Ratio (CAR)
2. Non performing earning assets and non performing non earning assets
to total earning assets and non earning assets
3. Non performing earning assets to total earning assets
4. Allowance for impairment on financial assets to earning assets
5. Gross NPL
6. Net NPL
7. Return on Asset (ROA)
8. Return on Equity (ROE)
9. Net Interest Margin (NIM)
10. Operating Expenses to Operating Income
11. Loan to Deposit Ratio (LDR)
1,238,500
517,643
-
DESCRIPTION
RATIOS
31 December 2014
(Audited)
3,922,200
275,469
-
For the Periods Ended 31 March 2015 and 2014
(In %)
Total
COMMITMENT RECEIVABLES
1. Unused fund borrowings facilities
a. Rupiah
b. Foreign currencies
2. Outstanding purchase position on spot and derivative
3. Others
CONSOLIDATED
31 March 2015 31 December 2014 31 March 2015
(Audited)
STATEMENTS OF CASH FLOWS
BANK
Current
I.
IV. CONTINGENT PAYABLES
1. Guarantees issued
a. Rupiah
b. Foreign currencies
2. Others
-
2,659
432,659
(86,532)
341,986
5,825,225
No.
31 March 2014
Doubtful
DESCRIPTION
III. CONTINGENT RECEIVABLES
1. Guarantees received
a. Rupiah
b. Foreign currencies
2. Unrecognized interest income
a. Interest loan
b. Others interest
3. Others
STATEMENTS OF CALCULATION OF FINANCIAL RATIOS
31 March 2015
DESCRIPTION
No.
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
1,229,114
126,839
2,152
188,995
2,253,955
120,377
2,551,905
(2,297,395)
6,728,459
BANK
No.
(In Millions of Rupiah)
BANK
31 March 2015
(In Millions of Rupiah) As at 31 March 2015 and 2014
As at 31 March 2015 and 2014
As at 31 March 2015 and 31 December 2014
CONSOLIDATED
*) Accumulated losses of Rp162,874,901 million has been eliminated against additional paid-in capital/agio through quasi-reorganisation on 30 April 2003.
**) Consolidated balance includes temporary syirkah funds from a Subsidiary.
***) Including Securities owned by Subsidiary which classsified "At Cost", accordance with SFAS 110 "Accounting for Sukuk", which was effective since 1 January 2012.
STATEMENTS OF ASSETS’ QUALITY AND OTHER INFORMATION
STATEMENTS OF COMMITMENTS AND CONTINGENCIES
MANAGEMENT OF THE BANK
SHAREHOLDER
Ultimate Shareholder
Board of Commissioners
- President Commissioner
- Deputy President Commissioner
- Independent Commissioner
- Commissioner
- Independent Commissioner
- Commissioner
- Independent Commissioner
- Independent Commissioner
- Independent Commissioner
:
:
:
:
:
:
:
:
:
Darmin Nasution *)
Imam Apriyanto Putro *)
Abdul Aziz **)
Askolani
Aviliani
Suwhono *)
Goei Siauw Hong *)
Bangun Sarwito Kusmuljono *)
Cahaya Dwi Rembulan Sinaga *)
Board of Directors
- President Director
- Vice President Director
- Director
- Director
- Director
- Director
- Director
- Director
- Director
- Director
- Director
:
:
:
:
:
:
:
:
:
:
:
Budi Gunadi Sadikin
Sulaiman Arif Arianto *)
Sentot A. Sentausa
Ogi Prastomiyono
Pahala N. Mansury
Royke Tumilaar
Hery Gunardi
Tardi *)
Ahmad Siddik Badruddin *)
Kartini Sally *)
Kartika Wirjoatmodjo *)
*) Based on Extraordinary Shareholders' Meeting on 16 March 2015, waiting for approval from Otoritas Jasa Keuangan (OJK) upon fit & proper test.
**) Based on Extraordinary Shareholders' Meeting on 16 March 2015, become independent comissioner, which will be effective after obtaining approval from Otoritas Jasa Keuangan (OJK) on the fit and proper test.
Notes :
1. Presentation of the above Published Financial Statement as at and for three months ended 31 March 2015 and 2014 are derived form the Consolidated Financial Statement of PT Bank Mandiri (Persero) Tbk. and Subsidiaries
(unaudited), and Consolidated Financial Statement as at and for the years ended 31 December 2014 are derived from the Consolidated Financial Statement of PT Bank Mandiri (Persero) Tbk and subsidiaries which were audited
by Public Accounting Firm KAP Tanudiredja, Wibisana & Rekan - a member Firm of PwC Global Network with partner in charge Drs.Haryanto Sahari, CPA whose report dated 2 February 2015 expressed an Unqualified Opinion.
2. The above Published Financial Statements are presented to comply with Otoritas Jasa Keuangan (OJK) Regulation No.6/POJK.03/2015 dated 31 March 2015 regarding Transparency and Published Financial Statements of
the Bank, and also in accordance with rule of Capital Market and Financial Institution Supervisory Agency (Bapepam-LK) No.X.K.2, Decision of Chairman of Bapepam-LK No.Kep-346/BL/2011 dated 5 July 2011 regarding
Submission of Periodic Financial Statement for Issuers or Public Companies. Financial Information and Statement of Cash Flows included in the Published Financial Statement have been prepared in accordance with BapepamLK regulation No.VIII.G7, Decision of Chairman of Bapepam-LK No.Kep-347/BL/2012 dated 25 June 2012.
3. Bank has adjusted Consolidated Financial Statements for the year 2015 in respect of the Implementation of SFAS 24 (Revised 2013).
4. Related Parties in the Assets' Quality and Other Information are presented in accordance with Bank Indonesia Regulation No.7/3/PBI/2005 dated 20 January 2005 which was amended by Bank Indonesia Regulation
No.8/13/PBI/2006 dated 5 October 2006 regarding The Legal Lending Limit For Commercial Banks.
5. Since 21 January 2015, the Financial Statements of PT Mandiri Utama Finance has been consolidated into the Consolidated Financial Statements of PT Bank Mandiri (Persero) Tbk. and Subsidiaries upon acquisition of 51%
ownership in PT Mandiri Utama Finance by PT Bank Mandiri (Persero) Tbk.
6. Exchange rate of 1 US Dollar as at 31 March 2015, 31 March 2014 and 31 December 2014 were Rp13,074.00; Rp11,360.00 and Rp12,385.00 respectively.
Jakarta, 24 April 2015
S. E & O
Board of Directors
PT Bank Mandiri (Persero) Tbk.
86,216,929
31 March 2014
Bank
Consolidated
RISK WEIGHTED ASSETS
CAR
CREDIT RISK - WEIGHTED ASSETS
459,098,366
503,576,441
423,236,853
468,923,511
CET1 RATIO
15.23%
14.91%
14.69%
14.10%
MARKET RISK - WEIGHTED ASSETS
930,794
1,237,987
1,554,399
1,918,566
Tier 1 Ratio
15.23%
14.91%
14.69%
14.10%
OPERATIONAL RISK - WEIGHTED ASSETS
78,491,065
96,538,932
67,718,732
79,511,930
Tier 2 Ratio
2.63%
2.45%
1.47%
1.56%
TOTAL RISK WEIGHTED ASSETS
538,520,225
601,353,360
492,509,984
550,354,007
Total Ratio
17.87%
17.36%
16.15%
15.67%
CAR BASED ON RISK PROFILE
9.00%
9.00%
9.00%
9.00%
*) Capital Adequacy Ratio as at 31 March 2015 has been calculated based on Bank Indonesia Regulation (PBI) No.15/12/PBI/2013 regarding Minimum Capital Adequacy Requirement for Commercial Bank, Capital Adequacy Ratio as at 31 March 2014 has been calculated based on
PBI No.14/18/PBI/2012 regarding Minimum Capital Adequacy Requirement for Commercial Bank.
Alpha Southeast Asia,
Finance Asia, The Asset and
Corporate Treasurer
MRI and Infobank Magazine
Indonesia Institute for
Corporate Governance (IICG)
and SW A Magazine
Budi G. Sadikin
President Director
Pahala N. Mansury
Director