Lap Keu Publikasi 0917 English

(1)

NOTES

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

September 30, 2017 and 2016 and for the nine-months period then ended,

prepared by the Bank's management in accordance with Indonesian Financial

Accounting Standards (unaudited). The consolidated financial statements of the

Bank and its subsidiaries as of December 31,2016 and for the period then ended,

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, with an unmodified audit opinion, as stated in their

report dated Januari 30, 2017.

2. The above published financial statements are presented to comply with Financial

Services Authority Regulation No.6/POJK.03/2015 dated March 31, 2015 which is

amended by 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 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, 2017 is 2 (Good) - The management of the Bank has made the implementation

of Good Corporate Governance in general good. This is reflected in an adequate

fulfillment of the principles of good corporate governance. In the event that there

is a weakness in applying the Good Corporate Governance, these weaknesses are

generally less significant and can be resolved with normal actions 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 September 30, 2017, September 30 ,2016 and

December 31,2016 were Rp13,471.50; Rp13,051.00 and Rp13,472.50 respectively

CONSOLIDATED FINANCIAL STATEMENTS

PT Bank Mandiri (Persero) Tbk. & Subsidiaries

Leading, Trusted. Enabling growth.

(In Millions of Rupiah)

31 December 2016 (Audited)

31 December 2016 (Audited) CONSOLIDATED

STATEMENTS OF FINANCIAL POSITION

As of September 30, 2017 and December 31, 2016

LIABILITIES AND EQUITY

LIABILITIES

30 September 2017 30 September 2017 INDIVIDUAL

ASSETS

DESCRIPTION

No.

* ) 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.

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

****) As of September 30, 2016, Appropriated reserve of Rp9,299,631 million has been reclassified to Retained Earning. 1. Cash

2. Placements with Bank Indonesia 3. Placements with other banks 4. Spot and derivative receivables 5. Securities

a. Fair value through profit/loss b. Available for sale c. Held to maturity ***) d. Loans and receivables

6. Securities sold under repurchase agreements (Repo) 7. Securities purchased under resale agreements (Reverse Repo) 8. Acceptances receivables

9. Loans

a. Fair value through profit/loss b. Available for sale c. Held to maturity d. Loans and receivables 10. Consumer financing receivables 11. Sharia financing 12. Investments in shares

13. Policy holder's investment in Unit Link Contract 14. Allowance for impairment on financial assets

a. Securities b. Loans c. Others 15. Intangible assets

Accumulated amortisation for intangible assets -/- 16. Premises and equipment

Accumulated depreciation for premises and equipment 17. 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 18. Allowance for impairment on non financial assets 19. Lease Financing

20. Deferred tax assets 21. Other assets

TOTAL ASSETS

19,439,227 110,908,251 20,058,007 432,609

2,701,792 105,986,038 6,956,453 - 4,645,819 3,635,880 11,635,107

- - - 605,885,376 - - 6,873,063 -

(55,011) (32,585,371) (1,769,611) 3,784,029 (2,360,765) 42,479,900 (8,393,598)

108,754 19,815 1,890,991

(18,727,064) 18,812,997 (306,136) - 4,077,031 34,531,629

940,665,212 21,223,106 103,914,079 19,800,517 240,870

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

- - - 592,669,270

- - 6,583,203 -

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

146,581 19,815 718,439

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

918,181,510 21,026,875 121,210,670 24,223,993 444,796

26,035,391 108,714,004 21,234,384 - 4,645,819 4,485,142 11,679,179

- - - 669,987,546

14,379,428 - 348,144

-

(72,283) (34,318,404) (2,133,050) 4,543,228 (2,589,401) 45,349,563 (10,101,778)

108,754 20,754 1,890,991

(18,727,064) 18,812,997 (307,075) 1,789,983 4,535,691 41,485,086

1,078,703,363 22,906,775 111,261,518 25,286,905 240,870

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

- - - 649,322,953

11,855,216 - 255,409

-

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

146,814 21,414 718,439

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

1,038,706,009

1. Demand deposits **) 2. Savings deposits **) 3. Time deposits **) 4. Investment fund - revenue sharing 5. Fund from Bank Indonesia 6. Fund from other banks **) 7. Spot and derivative liabilities

8. Securities sold under repurchase agreements (Repo) 9. Acceptances liabilities

10. Securities issued 11. Fund borrowings 12. Margin deposits received 13. Inter office liabilities

a. Operational activities conducted in Indonesia b. Operational activities conducted outside Indonesia 14. Deferred tax liabilities

15. Liability to Unit Link Holders 16. Other liabilities 17. Investment fund - profit sharing TOTAL LIABILITIES

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

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

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

184,810,250 307,715,340 268,964,170 - - 26,163,306 887,667 4,017,258 11,679,179 17,075,488 37,613,850 1,343,498

- - - 21,321,241 33,220,998 - 914,812,245

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

17,316,192 - - - -

167,772 669,606 (3,915) 25,140,523 8,151 325,708 - -

- (106,001)

2,333,333 -

88,384,506 15,069,230 160,971,772 2,919,346 163,891,118 1,078,703,363

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

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

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

17,316,192 - - - -

202,363 (924,074) - 25,140,523

- 17,658 196,567 - -

- (92,751)

2,333,333 -

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

STATEMENTS OF ASSETS' QUALITY AND OTHER INFORMATION

As of September 30, 2017 and 2016

No.

DESCRIPTION

30 September 2017

Current Special Mention Sub Standard Doubtful Loss Total Current Special Mention Sub Standard Doubtful Loss Total INDIVIDUAL

STATEMENTS OF SPOT AND DERIVATIVE TRANSACTIONS

As of September 30, 2017

ALLOWANCES FOR IMPAIRMENT

As of September 30, 2017 and 2016

30 September 2016 No DESCRIPTION Allowance for Impairment Required Allowance for Possible Allowance for Impairment Required Allowance for Possible

Losses of Earning Assets Losses of Earning Assets

Individual Collective General Specific Individual Collective General Specific

INDIVIDUAL

NOTIONAL AMOUNT Type Derivative Receivables & Payables Trading Hedging Receivables Payables

CALCULATION OF FINANCIAL RATIOS

As of September 30, 2017 and 2016

(In %)

30 September 2017 30 September 2016

No.

RATIOS

INDIVIDUAL

No.

RATIOS

INDIVIDUAL

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)

21.98%

2.30%

2.90%

4.05%

3.74%

0.85%

2.72%

14.68%

5.64%

71.85%

89.05%

22.63%

2.33%

2.93%

3.88%

3.69%

1.04%

2.35%

13.76%

6.40%

77.13%

89.90%

COMPLIANCE

1. a. Percentage violation of the 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%

6.58%

8.40%

2.16%

0.00%

6.50%

8.14%

5.70%

1. Placements with other banks 52,031 - 200,060 52,031 47,788 23,455 164,524 47,788

2. Spot and derivative receivables - - 4,176 - - - 5,330 -

3. Securities 44,627 10,384 235,960 - 40,587 11,824 231,688 21,590

4. Securities sold with agreement to repurchase (Repo) - - - - - - -

5. Securities purchased with agreement to resell

(Reverse Repo) - - 4,396 - - - 6,618 -

6. Acceptances receivables 144,604 40,529 116,286 326 111,712 39,123 122,106 6,118

7. Loans 23,992,368 8,593,003 5,558,500 17,847,079 19,330,278 8,701,753 5,138,639 16,806,369

8. Investments in shares 71,239 - 5,551 150,930 50,360 - 53 135,630

9. Temporary invesment 634 - 388 246 135 - - 135

10. Other Receivable 1,371,703 88,871 208,680 1,091,360 1,719,278 49,349 131,917 1,217,423 11. Commitments and contingencies 188,234 25,247 921,665 73,012 151,844 18,385 897,052 31,086

Sulaiman Arif Arianto

Deputy President Director

Kartika Wirjoatmodjo

President Director

Jakarta, October 25, 2017

S. E & O

Board of Directors

PT Bank Mandiri (Persero) Tbk.

www.bankmandiri.co.id

**STATEMENTS OF CALCULATION OF CAPITAL ADEQUACY RATIO COMMERCIAL BANK *)**

As of September 30, 2017 and 2016

COMPONENTS OF CAPITAL

INDIVIDUAL CONSOLIDATED INDIVIDUAL CONSOLIDATED 30 September 2016 30 September 2017

Capital Adequacy Ratio as of September 30, 2017 and 2016 has been calculated based on POJK No.34/POJK.03/2016 dated September 22, 2016 regarding Minimum Capital Adequacy Requirement for commercial Bank.

I. Core Capital (Tier 1) 141,828,111 133,734,799 142,523,927

1. Common Equity Tier 1 (CET 1) 141,828,111 133,734,799 142,523,927 1.1 Paid-in Capital (net of Treasury Stock) 11,666,667 11,666,667 11,666,667 1.2 Disclosed Reserves 142,449,538 132,009,417 138,158,533 1.2.1 Additional Factor 142,671,391 132,551,615 138,701,670 1.2.1.1 Other comprehensive income 25,738,630 25,735,164 26,248,049

1.2.1.1.1 Excess differences arising from translation

of financial statement 11,801 45,078 183,027

1.2.1.1.2 Potential gain of the increase in the fair value

of financial assets available for sale 930,309 893,566 924,499

1.2.1.1.3 Surplus of fixed assets revaluation 24,796,520 24,796,520 25,140,523

1.2.1.2 Other disclosed reserves 116,932,761 106,816,451 112,453,621

1.2.1.2.1 Agio 17,476,308 17,476,308 17,316,192

1.2.1.2.2 General reserves 2,333,333 2,333,333 2,333,333

1.2.1.2.3 Previous year profit 82,233,488 75,375,254 80,790,895

1.2.1.2.4 Current year profit 14,889,632 11,631,556 12,013,201

1.2.1.2.5 Funds for paid-in capital - - -

1.2.1.2.6 Others - - -

1.2.2 Deduction Factor (221,853) (542,198) (543,137) 1.2.2.1 Other comprehensive income (2,826) (294,270) (294,270) 1.2.2.1.1 Negative differences arising from translation

of financial statement (2,826) (9,074) (9,074)

1.2.2.1.2 Potential losses from the decrease in the fair

value of financial assets available for sale - (285,196) (285,196)

1.2.2.2. Other disclosed reserves (219,027) (247,928) (248,867)

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 (219,027) (247,928) (248,867)

1.2.2.2.7 Others - - -

1.3 Non controlling interest - - 311,457

1.4 Deduction Factor of CET 1 (12,288,094) (9,941,285) (7,612,730)

1.4.1 Deffered tax calculation (4,077,031) (3,021,633) (3,290,079)

1.4.2 Goodwill - - (117,741)

1.4.3 Other intangible assets (1,423,264) (1,172,411) (1,260,456)

1.4.4 Investments in share (6,762,799) (5,722,241) (2,919,454)

1.4.5 Shortfall of capital on insurance subsidiaries - - -

1.4.6 Securitisation exposure (25,000) (25,000) (25,000)

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) 7,323,238 6,929,088 7,592,731

1. Capital Instrument in the form of Stock or others which

comply with Tier 2 Requirements 190,146 334,341 334,341

2. Agio/Disagio - - -

3. General provison on earning assets (max. 1.25% credit risk - weighted assets) 7,133,092 6,594,747 7,258,390

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 149,151,349 140,663,887 150,116,658

STATEMENTS OF COMMITMENTS AND CONTINGENCIES

As of September 30, 2017 and December 31, 2016

30 September 2017 31 December 2016 30 September 2017 31 December 2016 (Audited) (Audited)

INDIVIDUAL CONSOLIDATED

DESCRIPTION No.

30 September 2016 30 September 2017

INDIVIDUAL CONSOLIDATED INDIVIDUAL CONSOLIDATED INDIVIDUALCONSOLIDATED INDIVIDUALCONSOLIDATED 30 September 2016 30 September 2017

I. COMMITMENT RECEIVABLES 1. Unused fund borrowings facilities

a. Rupiah - - - -

b. Foreign currencies - - - -

2. Outstanding purchase position on spot and derivative 2,081,550 517,108 2,081,550 517,108

3. Others - - - -

II. COMMITMENT PAYABLES 1. Unused loan facilities granted to customer a. BUMN

i. Committed

- Rupiah 5,517,257 4,957,430 5,517,257 4,957,430

- Foreign currencies 5,500,729 1,017,119 5,500,729 1,017,119

ii. Uncommitted

- Rupiah 19,384,681 22,483,005 19,384,681 22,483,005

- Foreign currencies 2,486,954 3,184,070 2,486,954 3,184,070

b. Others

i. Committed 21,346,128 20,887,034 21,346,128 20,887,137

ii. Uncommitted 82,332,325 66,946,874 83,174,388 67,856,900

2. Unused loan facilities granted to other banks a. Committed

i. Rupiah 31,175 35,685 31,175 35,685

ii. Foreign currencies - - - -

b. Uncommitted

i. Rupiah 2,000 - 2,000 -

ii. Foreign currencies - - - -

3. Outstanding irrevocable letters of credit

a. Foreign L/C 11,967,019 8,944,724 11,990,030 8,952,789

b. Local L/C 4,335,114 3,143,078 4,365,235 3,143,877

4. Outstanding sales position on spot and derivative 960,800 880,595 1,049,771 880,595

5. Others - - - -

III. CONTINGENT RECEIVABLES 1. Guarantees received

a. Rupiah 1,700,036 1,766,173 1,700,036 1,766,173

b. Foreign currencies 13,165,887 15,780,336 13,357,560 15,975,471

2. Unrecognized interest income

a. Interest loan 7,687,541 6,397,668 7,700,889 6,411,985

b. Others interest 51,998 51,949 323,088 381,171

3. Others 32,729 32,729 32,729 32,729

IV. CONTINGENT PAYABLES 1. Guarantees issued

a. Rupiah 43,627,920 43,881,089 43,695,655 43,939,477

b. Foreign currencies 40,161,930 42,882,472 40,807,151 43,491,367

2. Others 551,904 492,556 551,904 907,215

152,505,657

152,505,657 11,666,667 149,258,336 149,481,128 26,377,867

170,598

1,066,746 25,140,523

123,103,261

17,316,192 2,333,333 88,384,506 15,069,230 -

(222,792) (2,826)

(2,826)

-(219,966)

- - -

-

-(219,966) - 515,616

(8,934,962)

(4,324,958) (117,741) (1,522,186) (2,945,077) - (25,000) - -

- - - - - - - 8,075,566 190,146 - 7,885,420 - - -

-

160,581,223

MANAGEMENT OF THE BANK

SHAREHOLDERS

Republic of Indonesia

: 60.00%

Non Ultimate Shareholder through

Capital Market (≥ 5%)

: Nill

*) Appointed at the Extraordinary General Meeting of Shareholders of Bank Mandiri dated August 21, 2017, the appointment of the commissioner will become effective after approval by the Otoritas Jasa Keuangan on Fit & Proper Test and meet the prevailing regulations.

**) Appointed at the Extraordinary General Meeting of Shareholders of Bank Mandiri dated August 21, 2017, the appointment of the director of treasury will become effective after approval by the Otoritas Jasa Keuangan on Fit & Proper Test and meet the prevailing regulations.

Board of Directors

- President Director

: Kartika Wirjoatmodjo

- Deputy President Director

: Sulaiman Arif Arianto

- Director of Operations

: Ogi Prastomiyono

- Director of Wholesale Banking

: Royke Tumilaar

- Director of Distributions

: Hery Gunardi

- Director of Retail Banking

: Tardi

- Director of Risk Management & Compliance : Ahmad Siddik Badruddin

- Director of Institutional

: Kartini Sally

- Director of Digital Banking & Technology

: Rico Usthavia Frans

- Director of Treasury

: Darmawan Junaidi **)

Board of Commissioners

- President Commissioner/

Independent Commissioner

: Hartadi Agus Sarwono *)

- Deputy President Commissioner

: Imam Apriyanto Putro

- Independent Commissioner

: Goei Siauw Hong

- Independent Commissioner

: Bangun Sarwito Kusmulyono

- Independent Commissioner

: Makmur Keliat

- Commissioner

: Askolani

- Commissioner

: Ardan Adiperdana

- Commissioner

: R. Widyo Pramono *)

(In millions of Rupiah)

DESCRIPTION

CONSOLIDATED

30 September 2017 30 September 2016

STATEMENTS OF CASH FLOW

For the Period Ended September 30, 2017 and 2016

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 (losses)/gain - net Other operating income - others Other operating expenses - others Salaries and employee benefits General and administrative expenses Non operating 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 through profit or loss Decrease in Government Bonds - other than

at fair value through profit or loss Proceeds from sale of fixed assets Acquisition of fixed assets Acquisition of intangible assets Net cash provided by investing activities

CASH FLOWS FROM FINANCING ACTIVITIES Increase of investment in Subsidiaries Increase in marketable securities issued

Increase/(decrease) in fund borrowings

Decrease of Subordinated Loans

Increase in securities sold under repurchase agreements Payments of dividend

Net cash provided by financing activities NET INCREASE IN CASH AND CASH EQUIVALENTS

EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS

CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD CASH AND CASH EQUIVALENTS AT END OF PERIOD

Cash and cash equivalents at end of period 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

50,990,939 4,017,446

10,533,571 (16,222,978) (1,709,270)

39,950,597

(39,985,693) 7,616,866 1,356,862 (3,373,223) (10,240,309) (9,144,736) (22,698) (3,271,302)

30,496,072

916,914 (5,128,950) 731,812 (31,580,573) (3,096,830) (1,449,777) (2,290,170) (121,193) 1,652,002 (724,079) (680,726)

2,325,060

(9,330,488) 1,682,178 22,247,818 (2,273,741) 460,501 3,293,529 (212,145) 3,526,380

(760)

832,967 2,216,216

13,492,017

(6,905,138)

4,313,778 109,907 (1,426,696) (57,487)

(3,965,636)

(708,706) 5,960,572 (980,640) (44,709) 8,186,827 (6,100,490)

6,312,854 15,839,235 (8,034,181) 125,667,407 133,472,461

20,126,036 48,039,364 9,668,551 55,638,510 -

133,472,461

52,133,683 4,702,898

10,901,290 (18,094,966) (1,862,325)

39,297,210

(39,058,230) (15,671) 1,773,140 (4,004,938) (10,704,649) (9,671,780) (96,629) (3,804,040)

21,494,993

(1,612,105) 107,077 (5,957,357) (25,383,944) (4,985,118) 569,346 (2,963,004) (957,300) (386,405) (533,929) (2,873,703)

2,913,519

(2,859,078) 4,518,552 10,029,276 1,018,335 420,272 1,718,291 373,287 6,322,014

188,931

999,753 1,581,483

3,743,186

(4,000,905)

1,142,786 17,405 (636,352) (329,906)

(3,806,972)

(661,222) 8,117,184 1,387,287 (25,286) 664,216 (6,212,954)

3,269,225 3,205,439 2,591,952 157,560,107 163,357,498

21,026,875 58,639,970 10,202,082 72,490,135 998,436

163,357,498

STATEMENTS OF INCOME AND OTHER COMPREHENSIVE

For the Period Ended September 30, 2017 and 2016 (In Millions of Rupiah)

DESCRIPTION

INDIVIDUAL CONSOLIDATED

No.

30 September 2017 30 September 2016 30 September 2017 30 September 2016 OPERATING INCOME AND EXPENSES

A. Interest and Sharia Income, Interest and Sharia Expenses, and Premium Income and Claim Expenses

1. Interest and Sharia Income a. Rupiah b. Foreign currencies 2. Interest 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 and Sharia Income (Expenses), and Net Premium Income (Claim Expenses)

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

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 Other comprehensive income current period after income tax - net TOTAL OTHER COMPREHENSIVE INCOME CURRENT PERIOD Income current period atributtable to :

Parent Company Non controlling interest

TOTAL INCOME CURRENT PERIOD

Total other comprehensive income current period atributtable to : Parent Company

Non controlling interest

TOTAL OTHER COMPREHENSIVE INCOME CURRENT PERIOD Total comprehensive income current period atributtable to : Parent Company

Non controlling interest

TOTAL COMPREHENSIVE INCOME CURRENT PERIOD

TRANSFER INCOME (LOSSES) TO HEAD OFFICE

DIVIDEND

EARNING PER SHARE

50,845,424 45,869,361 4,976,063 17,431,701 15,453,339 1,978,362 33,413,723 - - -

33,413,723

15,468,454

1,089 - 1,898,765

- -

758,469 - - 170,699 817,030 - 8,397,892

334,739 3,089,771 30,217,863

- - - - -

- - - -

- 10,154,343

- - 58,621

- 444,216 118,631 8,017,060 551,250 10,873,742 (14,749,409) 18,664,314

1,194 - (6,706) (5,512) 18,658,802

(2,802,836) (966,334) 14,889,632

- - - - -

(36,466) 2,067,306 - - (392,224) 1,638,616 16,528,248

14,889,632 - 14,889,632

1,638,616 - 1,638,616

16,528,248 - 16,528,248

-

49,946,288 44,101,144 5,845,144 15,751,817 14,340,679 1,411,138 34,194,471 - - -

34,194,471

13,257,147

- - 1,469,596

- -

528,473 - - 141,237 702,267 - 7,661,331

185,784 2,568,459 32,995,009

8,115 - - - -

- - - -

124,532 14,430,250 - 70,482 5,959 - 514,701 273 7,708,019 636,177 9,496,501 (19,737,862) 14,456,609

(156) - 3,058 2,902 14,459,511

(1,971,407) (856,548) 11,631,556

25,588,987 (11,775) - - (790,112)

(33,770) 2,555,455 - - (442,855) 26,865,930 38,497,486

11,631,556 - 11,631,556

26,865,930 - 26,865,930

38,497,486 - 38,497,486

-

-59,308,417 54,101,378 5,207,039 20,469,365 18,477,439 1,991,926 38,839,052 7,782,493 6,001,536 1,780,957

40,620,009

17,227,159

133,019 - 1,898,765

- -

792,891 - - 208,468

- - 9,152,260

356,999 4,684,757 37,915,889

- - - - -

- - - -

- 12,309,693

- 1,650 58,621 - 474,239 205,435 10,287,499 662,689 13,916,063 (20,688,730) 19,931,279

4,347 - (96,629) (92,282) 19,838,997

(3,157,835) (1,053,134) 15,628,028

- (10,672) - - 2,668

(34,201) 2,167,544 (6,189) - (414,299) 1,704,851 17,332,879

15,069,230 558,798 15,628,028

1,674,806 30,045 1,704,851

16,744,036 588,843 17,332,879

-

322.91

56,885,233 50,872,720 6,012,513 18,228,293 16,804,349 1,423,944 38,656,940 7,550,446 5,254,810 2,295,636

40,952,576

14,415,394

97,831 - 1,469,596

- -

574,044 - - 165,042

- - 8,266,547

185,784 3,656,550 39,405,877

- - - - -

- - - -

124,328 15,470,444 - 384,065

5,959 - 517,944 112,289 9,808,350 730,974 12,251,524 (24,990,483) 15,962,093

(105) - (22,593) (22,698) 15,939,395

(2,364,966) (937,419) 12,637,010

25,933,025 (11,719) - - (790,127)

(68,971) 2,724,755 - - (474,223) 27,312,740 39,949,750

12,013,201 623,809 12,637,010

27,266,818 45,922 27,312,740

39,280,019 669,731 39,949,750

-

514.85

*)

RISK WEIGHTED ASSETS

CREDIT RISK - WEIGHTED ASSETS 570,647,320 630,833,627 527,579,736 580,671,189

MARKET RISK - WEIGHTED ASSETS 3,270,323 3,668,861 2,027,839 2,428,284

OPERATIONAL RISK - WEIGHTED ASSETS 104,792,639 121,563,432 92,008,869 107,636,532

TOTAL RISK WEIGHTED ASSETS 678,710,282 756,065,920 621,616,444 690,736,005

CAR BASED ON RISK PROFILE (%) 9.56% 9.57% 9.00% 9.00%

CAPITAL ALLOCATION FOR CAR BASED ON RISK PROFILE

From CET 1 (%) 8.48% 8.50% 7.89% 7.90%

From AT 1 (%) 0.00% 0.00% 0.00% 0.00%

From Tier 2 (%) 1.08% 1.07% 1.11% 1.10%

KPMM Ratio

CET 1 Ratio (%) 20.90% 20.17% 21.51% 20.63%

Tier 1 Ratio (%) 20.90% 20.17% 21.51% 20.63%

Tier 2 Ratio (%) 1.08% 1.07% 1.11% 1.10%

KPMM Ratio (%) 21.98% 21.24% 22.63% 21.73%

CET 1 FOR BUFFER (%) 12.42% 11.67% 13.63% 12.73%

PERCENTAGE OF BUFFER MANDATORY

FILLED BY BANK(%)

Capital conservation buffer (%) 1.25% 1.25% 0.625% 0.625%

Countercyclical Buffer (%) 0.00% 0.00% 0.00% 0.00%

Capital Surcharge for Systemic Bank (%) 1.25% 1.25% 0.625% 0.625%

I. RELATED PARTIES 1. Placements with other banks

a. Rupiah

2. Spot and derivative receivables

a. Rupiah

3. Securities

a. Rupiah

4. Securities sold with agreement to

repurchase (Repo)

a. Rupiah

5. Securities purchased with agreement to resell

(Reverse Repo)

a. Rupiah

6. Acceptances receivables 7. Loans

a. Micro, small and medium loans (UMKM)

i. Rupiah

ii. Foreign currencies

b. Non UMKM

i. Rupiah

c. Restructured loans

i. Rupiah

d. Property loans

8. Investments in shares 9. Temporary investment 10. Other Receivable 11. Commitments and contingencies

a. Rupiah

12. Repossessed assets II. THIRD PARTIES 1. Placements with other banks

a. Rupiah

2. Spot and derivative receivables

a. Rupiah

3. Securities

a. Rupiah

4. Securities sold with agreement to

repurchase (Repo)

a. Rupiah

5. Securities purchased with

agreement to resell (Reverse Repo)

a. Rupiah

6. Acceptances receivables 7. Loans

a. Micro, small and medium loans (UMKM)

i. Rupiah

b. Non UMKM

i. Rupiah

c. Restructured loans

i. Rupiah

d. Property loans

8. Investments in shares 9. Temporary investment 10. Other Receivable 11. Commitments and contingencies

a. Rupiah

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

22 1,042,254

1,033 -

530,342 -

- -

- - 2,717,233

15,485

15,485 -

23,722,359

13,754,801 9,967,558

- - -

12,523

5,981,665 - 828,093

2,012,980 5,274,891 -

9,720,059 67,835,206

409,106 22,470

77,122,216 37,991,725

4,645,819 -

3,635,880 - 8,911,349

69,007,088

68,472,067 535,021

463,105,100

387,602,293 75,502,807

22,123,705

13,669,242 8,454,463

40,846,265

- 38,779 20,039,885

154,610,911 73,096,305 -

- -

- - -

3,795

3,795 - - - -

85

- - -

248 - -

- -

- - 6,525

5,495,592

5,484,322 11,270

21,877,961

19,219,651 2,658,310

13,011,135

10,612,958 2,398,177

3,949,477

- - 160,170

1,273,623 327,396 -

- -

- - -

- - - - - - - - - - 825,227

- -

- - -

- -

- - -

698,830

698,008 822

4,584,938

4,583,308 1,630

4,121,915

4,121,915 -

205,056

- - 8,511

48,297 - -

- -

- - -

5

5 - - - - - - - -

- - -

- -

- - -

1,026,255

1,026,255 -

2,350,900

2,225,412 125,488

2,101,327

1,975,840 125,487

211,487

- - 483

14,217 - -

- -

- - -

58

58 - - - - - 25,191 - -

- - -

- 52,031

- -

- - -

1,823,774

1,823,774 -

12,173,236

10,947,163 1,226,073

8,575,617

7,731,648 843,969

798,194

1,955 246 1,081,833

33,100 1,264 19,815

22 1,042,254 1,033 - 530,342

- - - - - 2,717,233 15,485 15,485 - 23,726,217 13,758,659 9,967,558 - - - 12,608 6,832,083 - 828,093 2,013,228 5,274,891 - 9,720,059 67,887,237 409,106 22,470 77,122,216 37,991,725 4,645,819 - 3,635,880 - 8,917,874 78,051,539 77,504,426 547,113 504,092,135 424,577,827 79,514,308 49,933,699 38,111,603 11,822,096 46,010,479 1,955 39,025 21,290,882 155,980,148

73,424,965 19,815 - - 34,409,993 25,475,969 12.88% 6.26% 53.38% 51.03% 306,299 - 7,919,820 2,538,082 -

A. Exchange Rate Related 1. Spot 2. Forward 3. Option a. Written b. Purchased 4. Future 5. Swap 6. Others B. Interest Rate Related 1. Forward 2. Option a. Written b. Purchased 3. Future 4. Swap 5. Others C. Others

TOTAL

10,908,199 18,557,205

1,007 3,623,845 - 80,352,127 -

-

- - - 20,645,309 - 10,463,957 144,551,649

10,813,696 6,470,932

- - - 71,478,065 -

-

- - - - - - 88,762,693

94,503 12,086,273

1,007 3,623,845 - 8,874,062

-

- - - 20,645,309 - 10,463,957 55,788,956

14,748 149,504

3 27,840 - 159,966

-

- - - 35,442

- 45,106 432,609

11,717 95,524

5 24,118 - 642,517

-

- - - 24,464

- 89,332 887,677

22 1,301,948

14,466 -

378,875 -

- -

- - 3,279,857

1,055

1,055 -

19,492,978

9,505,668 9,987,310

- - -

7,629

5,024,630 - 311,438

3,018,784 4,516,107 -

7,502,297 51,693,886

530,013 711

74,662,822 32,576,094

14,182,430 -

- 661,761

8,930,699

66,664,710

66,371,074 293,636

427,705,200

366,538,252 61,166,948

16,841,309

11,487,378 5,353,931

38,419,562

- - 12,880,265

140,457,844 58,314,669 -

- -

- - -

1,927

1,927 - - - -

225

- - -

333 - -

- -

49,386

6,169,050

6,067,361 101,689

19,624,691

16,273,577 3,351,114

13,204,995

10,556,974 2,648,021

3,269,565

- - 52,594

694,155 366,965 -

- -

- - -

- - - - - - - 723,227

- -

- - -

- -

20,236

785,779

785,779 -

3,834,226

3,516,146 318,080

3,423,830

3,265,195 158,635

122,840

- - 1,341

1,223 1,974 -

- -

- - -

- - - - - - - - - -

- - -

- -

-

1,021,075

1,021,075 -

1,413,453

1,301,620 111,833

936,722

936,722 -

-- - 126

6,237 - -

- -

- - -

- - - - - - - - - - 25,191 - -

- - -

- 47,788

- -

- 21,590

- -

613

3,200,495

3,200,495 -

10,405,826

8,016,255 2,389,571

4,911,606

3,519,198 1,392,408

580,545

1,955 135 1,214,529

27,200 879 19,815

22 1,301,948 14,466 - 378,875 - - - - - 3,279,857 1,055 1,055 - 19,494,905

9,507,595 9,987,310 - - - 7,854 5,773,048 - 311,438 3,019,117 4,516,107 - 7,502,297 51,741,674 530,013 711 74,662,822 32,597,684 14,182,430 - - 661,761 9,000,934 77,841,109 77,445,784 395,325 462,983,396 395,645,850 67,337,546 39,318,462 29,765,467 9,552,995 42,530,156 1,955 135 14,148,855 141,186,659 58,684,487 19,815 - - 30,125,642 24,035,928 13.89% 6.25% 57.14% 54.29% 337,538 - 6,132,509 2,049,968 -

Herewith are some of the achievements of Bank Mandiri:

• The Best Bank Service Excellence (2008 -2017)

Infobank

• Platinum Trophy for Excellent Performance for 10 consecutive Years

Infobank

• The Legend in Good Corporate Governance

(2007-2016)

The Indonesian Institute For Corporate Governance

• Supporting Bank in Monetary and Foreign Exchange Management

Bank Indonesia

• Best Private Bank

Finance Asia

• The Best Cash Management Bank in Indonesia

The Asian Banker

• Best Bank In Indonesia

Euromoney

• Best Domestic Bank In Indonesia

Asiamoney

• Best Bank In Indonesia

• Best Forex Bank For Corporate & Fls

• Best Private Wealth Management

• Best Cash Management

Alpha Southeast Asia

No. TRANSACTION

176,176,809 277,213,890 225,581,013 - - 25,485,394 887,677 4,017,258 11,635,107 10,785,745 30,889,012 1,343,498

- - - - 22,265,765 - 786,281,168

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

17,476,308 - - - -

8,975 1,029,421 - 24,796,520 - 90,326 (140,626) - -

- -

2,333,333 -

82,233,488 14,889,632 154,384,044 154,384,044 940,665,212

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

- - - - 19,529,778

- 774,112,760

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

17,476,308 - - - -

45,441 (497,624) - 24,796,520

- 90,326 (288,663) - -

- -

2,333,333 -