0
P
T
B
a
n
k
M
a
n
d
ir
i (
P
e
rs
e
ro
) T
b
k
Q
2
2
0
0
7
R
e
su
lt
s P
re
se
n
ta
ti
o
Jan 1
2007
IPO
U
from :
+ 18. 5%
+ 307. 7%
JCI
+ 7. 8%
+ 363. 0%
BM RI
Share Information
No. of
Inve s tors
No. of s hare s
%
DOMESTIC
1. Gove rnme nt of RI
1
14,000,000,000
67.47%
2. Re tail
8,702
346,472,097
1.67%
3. Emp loye e s
9,478
165,906,155
0.80%
4. Coop s/ Found ations
10
17,989,500
0.09%
5. Pe nsion Fund s
144
180,243,100
0.87%
6. Assurance / Banks
35
175,811,500
0.85%
7. Institutions
214
457,120,930
2.20%
8. Mutual Fund s
103
383,733,000
1.85%
Total
18, 687
15, 727, 276, 282
75. 80%
INTERNATIONAL
1. Re tail
65
2,453,000
0.01%
2. Institutional
456
5,018,891,470
24.19%
Total
521
5, 021, 344, 470
24. 20%
TOTAL
19, 208
20, 748, 620, 752
100. 00%
as of 30 June 2007
De s c ription
Bank Mand iri Pre se ntation Conte nts
Re sults Ove rvie w
Pag e #
H1 Financial Hig hlig hts
2
Quarte rly Loan Growth & LDR
3
Quarte rly Fund ing Mix & De p osit Costs
4
Quarte rly Ne t Inte re st Marg ins
5
Quarte rly Fe e s & Commissions
6
Quarte rly Ove rhe ad Exp e nse s & De tail
7
Quarte rly NPL Move me nt & Asse t Quality
8 – 9
Provisioning & Collate ral
10
Quarte rly Analysis of NPL Downg rad e s
11
Top NPL De b tor De ve lop me nts
12
NPL Re solution Prog ram
13
Op e rating Profit, Core Earning s, PAT
14 – 15
Op e rating Pe rform ance Hig hlig hts
SBU Ove rvie w
17 – 19
Corp orate Banking
20 – 22
Tre asury & Inte rnational Banking
23
Comme rcial Banking
24 – 25
Micro & Re tail Banking
26 – 28
Consume r Finance
29 – 32
2007 Goals
33
Sup p orting Mate rials
34 – 73
Re sults Ove rvie w
Pag e #
H1 Financial Hig hlig hts
2
Quarte rly Loan Growth & LDR
3
Quarte rly Fund ing Mix & De p osit Costs
4
Quarte rly Ne t Inte re st Marg ins
5
Quarte rly Fe e s & Commissions
6
Quarte rly Ove rhe ad Exp e nse s & De tail
7
Quarte rly NPL Move me nt & Asse t Quality
8 – 9
Provisioning & Collate ral
10
Quarte rly Analysis of NPL Downg rad e s
11
Top NPL De b tor De ve lop me nts
12
NPL Re solution Prog ram
13
Op e rating Profit, Core Earning s, PAT
14 – 15
Op e rating Pe rform ance Hig hlig hts
SBU Ove rvie w
17 – 19
Corp orate Banking
20 – 22
Tre asury & Inte rnational Banking
23
Comme rcial Banking
24 – 25
Micro & Re tail Banking
26 – 28
Consume r Finance
29 – 32
2007 Goals
33
Ke y Financial Hig hlig hts*
Org anization Struc ture
(71.9% )
3.9%
13.9%
Ne t NPL Ratio
28.1%
58.3%
45.5%
Low Cost Fund s Ratio
Chang e
H1 2007
H1 2006
162.6%
2,140 tn
Rp 815 b n
Earning s Afte r Tax
(13.1% )
41.1%
47.3%
Efficie ncy Ratio
25.0%
5.5%
4.4%
NIM
7.9%
Rp 116.3 tn
Rp 107.8 tn
Loans
Bank Mand iri’s H1 2007 Pe rformance continue d to d e monstrate
marke d imp rove me nts in a numb e r of ke y ind icators:
(1)
1.8%
7.9%
Q oQ G rowth (%) YoY G rowth (%)
4
3
.0
4
8
.3
6
5
.4
7
5
.9
9
4
.4
9
9
.5
1
0
4
.0
1
0
6
.9
1
0
6
.9
1
0
5
.1
1
0
7
.8
1
0
8
.8
1
1
7
.7
1
1
4
.3
1
1
6
.3
42.5%
57.3%
55.9%
56.4%
Q
4
'0
0
Q
4
'0
1
Q
4
'0
2
Q
4
'0
3
Q
4
'0
4
Q
1
'0
5
Q
2
'0
5
Q
3
'0
5
Q
4
'0
5
Q
1
'0
6
Q
2
'0
6
Q
3
'0
6
Q
4
'0
6
Q
1
'0
7
Q
2
'0
7
Loans (Rp tn)
LD R (%)
37.7
35.1
35.7
32.9
32.6
8.5
10.8
11.5
11.8
51.3
45.2
42.3
44.0
44.7
53.6
50.5
40.2
32.5
31.6
22.2
8.6
8.6
9.0
1.9
1.9
2.1
12.6
12.2
12.7
1.5
Q
4
'0
2
Q
4
'0
3
Q
4
'0
4
Q
1
'0
5
Q
2
'0
5
Q
3
'0
5
Q
4
'0
5
Q
1
'0
6
Q
2
'0
6
Q
3
'0
6
Q
4
'0
6
Q
1
'0
7
Q
2
'0
7
LDR at 56.4% on 7.9% Y-o-Y consolid ate d g rowth
Quarte rly Loan Data – Cons olidate d
1.99%
6.78%
2.125
Micro
8.43%
9.39%
9.007
Small
11.89%
8.08%
12.705
Consume r
100. 0%
6. 81%
106. 895
Total
30.44%
(1.16% )
32.542
Comme rcial
47.26%
11.82%
50.516
Corp orate
% of
Portfolio
Loans
(Rp tn)
By Se g me nt
(Bank only)
Y-O-Y
Growth (% )
Quarte rly Loan Se g m e nt De tails – Bank Only
Corp orate
Comme rcial
Consume r
Small
4
18.0
22.1
29.6
40.6
52.0
49.5
47.8
44.2
45.2
41.8
44.7
46.6
57.6
57.2
62.5
31.1
31.2
24.8
28.8
28.0
27.5
30.8
28.3
30.1
30.2
28.0
29.5
33.6
31.0
33.1
5.8
4.6
6.2
7.6
9.1
11.9
11.9
12.3
11.6
14.9
12.3
12.6
11.6
13.2
97.1
87.8
106.9
100.7
80.5
66.5
72.3
79.8
93.2
90.8
89.1
85.7
80.5
16.5
21.5
23.4
20.6
17.3
11.6
11.1
13.3
16.3
15.7
15.9
15.1
13.4
12.6
13.9
12.1
14.3
14.1
14.4
19.5
65.0
72.9
70.0
0
2
0
4
0
6
0
8
0
1
0
0
1
2
0
1
4
0
1
6
0
1
8
0
2
0
0
Q 4 '99
Q 4 '00
Q 4 '01
Q 4 '02
Q 4 '03
Q 4 '04
Q 1 '05
Q 2 '05
Q 3 '05
Q 4 '05
Q 1 '06
Q 2 '06
Q 3 '06
Q 4 '06
Q 1 '07
Q 2 '07
R p S a v in g s D e p o si ts R p D e m a n d D e p o si ts F X D e m a n d D e p o si ts R p T im e D e p o si ts F X T im e D e p o si ts
Q
2
D
e
p
o
si
ts
r
o
se
4
.1
%
o
n
a
9
.3
%
g
a
in
i
n
I
D
R
S
a
v
in
g
s
D
e
p
o
s
it
A
n
a
ly
s
is
–
B
a
n
k
O
n
ly
6
.1
%
2
.6
%
3
.3
%
3
.7
%
9
.5
%
4
.4
%
4
.1
%
3
.5
%
1
3
.9
%
6
.3
%
1
1
.9
%
7
.4
%
1
3
.1
%
1
2
.7
%
7
.4
%
8
.8
%
0%
5%
10%
15%
R
p
D
D
R
p
S
a
v
in
g
s
R
p
T
D
1
M
o
.
S
B
Is
A
v
e
ra
g
e
Q
u
a
rt
e
rl
y
D
e
p
o
s
it
C
o
s
ts
(
%
)
2
.4
%
2
.7
%
0
.5
%
1
.7
%
2
.6
%
1
.5
%
4
.3
%
3
.7
%
0.
0%
1.
5%
3.
0%
4.
5%
Q 4 '02
Q 4 '03
Q 4 '04
Q 1 '05
Q 2 '05
Q 3 '05
Q 4 '05
Q 1 '06
Q 2 '06
Q 3 '06
Q 4 '06
Q 1 '07
Q 2 '07
2
.4
%
3
.9
%
2
.8
%
3
.7
%
4
.3
%
4
.3
%
3
.6
%
3
.8
%
3
.6
%
4
.2
%
4
.1
%
4
.6
%
4
.9
%
5
.5
%
4
.9
%
Q
4
'0
0
Q
4
'0
1
Q
4
'0
2
Q
4
'0
3
Q
4
'0
4
Q
1
'0
5
Q
2
'0
5
Q
3
'0
5
Q
4
'0
5
Q
1
'0
6
Q
2
'0
6
Q
3
'0
6
Q
4
'0
6
Q
1
'0
7
Q
2
'0
7
N IM
5.7%
5.3%
3.4%
0%
5%
10%
15%
Q
4
'0
0
Q
4
'0
1
Q
4
'0
2
Q
4
'0
3
Q
4
'0
4
Q
1
'0
5
Q
2
'0
5
Q
3
'0
5
Q
4
'0
5
Q
1
'0
6
Q
2
'0
6
Q
3
'0
6
Q
4
'0
6
Q
1
'0
7
Q
2
'0
7
Avg Loan Yield
Avg Bond Yield
Avg 1-Mo Bill
Avg CO F
12.1%
8.0%
8.8%
5.0%
0%
5%
10%
15%
20%
9.5%
8.9%
8.2%
9.4%
10.7%
6.3%
4.8%
4.8%
5.7%
6.4%
9.4%
11.8%
11.6%
10.6%
11.0%
8.7%
11.4%
13.0%
13.0%
4.8%
5.4%
4.6%
7.8%
7.3%
7.6%
7.3%
10.8%
10.8%
Yield on Assets
C ost of Funds
Q2 NIM falls to 4.9% on lowe r Re cap b ond yie ld s
Quarte rly Ne t Inte re s t M arg ins *
Quarte rly Yie lds & Cos ts by Curre nc y*
IDR
De tails of Q2 2006 & 2007
1
4
5
.6
1
3
4
.1
1
6
3
.6
1
3
3
.5
1
3
9
.2
1
4
9
.6
1
4
3
.3
1
6
4
.8
1
6
7
.7
109.1
81.4
65.5
91.2
75.4
106.8 116.8
110.9
13.7
70.3
41.2
4.3
19.8
10.9
76.9
56.4
64.7
64.2
93.8
61.3
48.8
75.4
65.2
113.5
54.9
58.2
66.6
122.2
56.0
123.6
25.1
26.1
32.4
38.0
38.6
37.5
39.9
39.9
41.3
44.4
43.3
21.8
17.8
28.7
20.9
20.4
26.5
27.5
31.6
38.6
45.6
58.8
1
4
1
.3
1
3
6
.7
102.3
97.1
129.5
Q
4
'0
4
Q
1
'0
5
Q
2
'0
5
Q
3
'0
5
Q
4
'0
5
Q
1
'0
6
Q
2
'0
6
Q
3
'0
6
Q
4
'0
6
Q
1
'0
7
Q
2
'0
7
Credit Cards
Transfer, Coll., Clearing & Bank Ref.
O pening L/C & Bank Guarantees
Fee from Subsidiaries
O thers
Admin. Fees for D eposits & Loans
12.4%12.8%12.8%12.1%
17.7%
10.9%
14.5%
14.8%
15.8%
12.0%
13.3%
% of O perating Income*
Non-loan Re late d Fe e s & Commissions up 40.6% Y-o-Y
Non-loan re late d fe e s & c om m is s ions
*Othe rs includ e Custod ian & Truste e fe e s,
Synd ication, Mutual Fund s, Payme nt Points, e tc.
40. 6%
616. 619
438. 700
Total
113.8%
58.778
27.498
Cre d it Card s
8.7%
43.342
39.861
Transfe rs,
Colle ctions..
112.4%
123.560
58.166
L/ C &
Guarante e s
22.0%
93.796
76.867
Sub sid iarie s
33.3%
129.486
97.129
Othe rs*
20.5%
167.657
139.179
Ad min. Fe e s
Y-o-Y
U
(% )
Q2
2007
Q2
2006
Non-Loan Re late d
Fe e s &
Com m is s ions
3
3
6
7
5
3
7
7
5
7
4
9
1
,0
3
4
6
7
8
7
9
3
7
6
7
8
4
2
6
3
7
7
8
8
8
1
0
1
,0
1
6
7
1
0
7
4
8
9
5
7
6
4
9
7
2
3
6
0
4
6
7
7
1
,2
4
1
6
9
5
7
4
4
8
6
9
7
9
5
9
2
9
3
2
7
7
0
9
6
6
7
3
7
7
Q
4
'0
0
Q
4
'0
1
Q
4
'0
2
Q
4
'0
3
Q
4
'0
4
Q
1
'0
5
Q
2
'0
5
Q
3
'0
5
Q
4
'0
5
Q
1
'0
6
Q
2
'0
6
Q
3
'0
6
Q
4
'0
6
Q
1
'0
7
Q
2
'0
7
G&A Expenses (Rp bn)
Personnel Expenses (Rp bn)
Q2 Cost to Income Ratio up to 40.2% on Pe rsonne l costs
54.3%
83.3%
58.9%
40.2%
28.2%
38.7%
40.4%
57.6%
48.8%
C IR* (%)
Annual Avg C IR (%)
10.12%
70,338
63,872
Post Emp loyme nt Be ne fits
20.17%
294,225
244,849
Base Salary
(5. 08%)
748, 001
788, 057
Total G & A Expe ns e s
9.57%
88,219
80,515
Sub sid iarie s
14.38%
56,858
49,711
Emp loye e Re late d
2.03%
65,927
64,613
Profe ssional Se rvice s
9.11%
65,849
60,349
Transp ort & Trave ling
75,624
222,007
235,238
743, 637
72,556
26,281
336,079
Q2 ‘06
(11.54% )
66,896
Promotion & Sp onsorship
(5.89% )
208,934
Occup ancy Re late d
G & A Exp e nse s
24. 91%
928, 908
Total Pe rs onne l Expe ns e s
22.90%
89,168
Sub sid iarie s
27.96%
430,057
Othe r Allowance s
Pe rsonne l Exp e nse s
Chang e
(Y-o-Y)
Q2 ‘07
(16.97% )
195,318
IT & Te le communication
45,120 71.68%
Training
Non-Pe rform ing Loan M ove m e nts (Rp bn) – Bank Only
Q2 NPLs d rop to Rp 17.3 trillion on up g rad e s & colle ctions
M ove m e nt by Cus tom e r Se g m e nt (Rp Bn)
40.7
322.3
172.9
431.0
192.4
98.9
479.7
311.7
75.3
31.6
52.1
61.3
0
250
500
750
1,000
UG to PL
DG to N PL
W /O
Cons
Micro/Small
Comm
Corp
17,292
727
17,971
944
390
617
599
70
Q 1 '07 U /G to PL D /G from
PL
9
N
P
L
M
o
v
e
m
e
n
t
-C
o
n
s
o
li
d
a
te
d
19.8%
9.7%
8.6%
7.1%
17.8%
23.4%
25.3%
26.2%
70.9%
15.5%
24.9%
24.6%
7.3%
24.6%
16.3%
16.3%
3.9%
10.3%
15.0%
5.9%
4.7%
1
9
0
.4
%
4
2
.8
%
7
0
.0
%
8
6
.7
%
4
9
.1
%
1
6
1
.4
%
1
5
1
.1
%
Q 4 '99
Q 4 '00
Q 4 '01
Q 4 '02
Q 4 '03
Q 4 '04
Q 1 '05
Q 2 '05
Q 3 '05
Q 4 '05
Q 1 '06
Q 2 '06
Q 3 '06
Q 4 '06
Q 1 '07
Q 2 '07
G
ro
ss
N
P
L
R
at
io
N
e
t
N
P
L
R
at
io
P
ro
v/
N
P
L
P
ro
v/
N
P
L
i
n
cl
.
C
o
ll
.
N
e
t N
P
L
s a
t 3
.9
%
w
it
h
p
ro
v
is
io
n
in
g
c
o
v
e
ra
g
e
o
f 8
6
.7
%
C
a
te
g
o
ry
2
L
o
a
n
s
–
B
a
n
k
O
n
ly
4,033
15,350
12,655
16,202
10,983
8,334
12,352
14,394
16,423
12,912
12,086
12,175
10,991
16,966
16,750
15,854
0
2
,0
0
0
4
,0
0
0
6
,0
0
0
8
,0
0
0
1
0
,0
0
0
1
2
,0
0
0
1
4
,0
0
0
1
6
,0
0
0
1
8
,0
0
0
2
0
,0
0
0
Q 4 '99
Q 4 '00
Q 4 '01
Q 4 '02
Q 4 '03
Q 4 '04
Q 1 '05
Q 2 '05
Q 3 '05
Q 4 '05
Q 1 '06
Q 2 '06
Q 3 '06
Q 4 '06
Q 1 '07
Q 2 '07
Cash Provisioning for Cate g ory 5 loans now at 82.2%
10.16%
-0.22
Micro
8.30%
0.05
0.75
Small
17. 29
0.58
5.64
10.11
NPLs
(Rp tn)
4.54%
0.01
Consume r
20.02%
(0.01)
Corp orate
NPLs
(% )
Q2U
(Rp tn)
17.33%
(0.72)
Comme rcial
(0. 67)
Total
16. 18%
100%
50%
15%
5%
1%
BMRI Policy
100%
5
4
3
2
1
Colle ctib ility
Non-Pe rforming
Loans
Pe rforming
Loans
50%
15%
15%
5%
100%
2%
BMRI p re -2005
100%
50%
1%
BI Re q .
Provisioning
Policy
Collate ral Valuation De tails
Non-Pe rform ing Loans by Se g m e nt
Bank Mand iri’s curre nt p rovisioning p olicy ad he re s
to BI re q uire me nts
As of 30 June ’07, loan loss p rovisions e xce ss to BI
re q uire me nts = Rp 632 b n
Collate ral has b e e n value d for 83 accounts and collate ral
p rovisions of Rp 11,584 b n have b e e n cre d ite d ag ainst loan
b alance s of Rp 15,674 b n
Collate ral value is cre d ite d ag ainst cash p rovisioning
re q uire me nts on a conse rvative b asis. For asse ts value d ab ove
Rp 5b n:
Collate ral is value d only if Bank Mand iri has e xe rcisab le
rig hts to claim collate ral asse ts
70% of ap p raise d value can b e cre d ite d within the initial 12
months of valuation, d e clining to:
¾
50% of ap p raise d value within 12 to 18 months
¾
30% of ap p raise d value within 18 to 24 months
¾
No value b e yond 24 months from ap p raisal
12,169
396
568
1,279
780
Total Cash
Prov. (Rp b n)
5
4
3
2
1
Colle ctib ility
29
82.2%
54.1%
32.4%
8.1%
1.1%
% Cash
Provisions
10
733
43
7,412
1
# of
Accounts
3,273
165
0.29
0.34
1.56
0.60
0.49
Q2
2007
1.51
1.63
2.27
1.63
0.59
Q1
2006
1.08
0.73
3.14
1.27
-Q2
2006
Q2 2007 De tails
49,595.9
7,204.8
5,819.0
13,912.2
22,659.8
Q2 ‘07
Balance
(Rp b n)
Q4
2006
Q1
2007
UG to
PL
%
DG to
NPL
%
Q3
2006
Loan
Backg round
0.42
0.78
1.87
0.11
-Total Loans orig inate d since 2005
Ne t
Up g rad e s (% )
/
Downg rad e s (% )
#
0.68
0.25
1.62
2.04
0.02
1.00
1.18
2.17
1.33
-0.40
0.44
0.29
1.07
-0.69
0.78
1.85
0.46
0.49
Total
Consume r
Small/ Micro
Comme rcial
Corp orate
Ne t d owng rad e s of le ss than 0.3% on ne w loans in Q2
Be nang sari
Ind ah Te xind o
Be nang sari
Ind ah Te xind o
Total e xp osure e q uivale nt to Rp 390.42 b illion.
This loan was re structure d , b ut has re lap se d in Q2 as the share hold e rs could not
p rovid e ad d itional working cap ital commitme nts. This has re sulte d in lowe
r-than-p lanne d sale s re alization and re ve nue .
The ob lig or will try to incre ase p rod uction le ve ls to full cap acity b y se e king
ad d itional working cap ital from strate g ic inve stors or forming an op e rational
joint-ve nture with ne w injoint-ve stors or p artne rs.
Prog re ss on Se le cte d De b tors
Djajanti
Group
Djajanti
Group
Total e xp osure to this d e b tor is USD76,583,277.
The ob lig or se ttle d loans to PT. Hasil Tamb ak Amb oina and PT. Kinantan Se na Putra
in Octob e r 2006.
For PT. Biak Mina Jaya, the ob lig or had ag re e d to se ll the asse ts of Biak (machine ry,
e q uip me nt and ve sse ls) to an inve stor for USD5.2 million, b ut is now in ne g otiation
with a ne w p rosp e ctive inve stor.
The Bank cannot auction Djajanti Plaza Build ing (in Tanah Ab ang , Jakarta) as the Tax
Office has alre ad y confiscate d the b uild ing . The Bank has aske d the ob lig or to
ne g otiate its tax liab ilitie s with the Tax Office .
To re solve othe r loans to Djajanti Group , the Bank will liq uid ate the comp any.
Polyp rima
Karyare ksa
Polyp rima
Karyare ksa
Total e xp osure to the ob lig or is e q uivale nt to USD 143.32 million (outstand ing as of
30 June 2007)
To re solve / re structure the loans, the Bank throug h PT Mand iri Se kuritas will d ive st
the owne rship to strate g ic inve stors.
Domb a Mas
Domb a Mas
The ob lig or has sub mitte d a p rop osal to re solve all of its NPLs throug h re financing
from othe r cre d itors, to b e finalize d b y the e nd of 2007.
The ob lig or has alre ad y re p aid , throug h re financing , loans to 4 comp anie s of
Prog re ss Up d ate on PPKM Mand iri
•
Draft Inte rnal Policy/ SOP for PPKM Mand iri has b e e n comp le te d with inp uts from
our Financial Ad visor and Le g al Ad visor.
•
We will se e k furthe r inp uts from e xte rnal and ind e p e nd e nt p artie s (incl.
Ove rsig ht Committe e ) on the conte nt of our Inte rnal Policy/ SOP
•
Ind e p e nd e nt Aud itor (Ernst & Young ) has comp le te d the re vie w of 150 accounts
and is curre ntly re vie wing an ad d itional 85 accounts
•
Base d on the re vie w, 33 accounts, with p rincip al value of Rp 2.3 tn have me t the
crite ria of “Cle an” and “Cle ar” and are , the re fore , re ad y to b e includ e d in the
PPKM Mand iri
•
Efforts are curre ntly und e rway to e valuate and imp rove the re maining 117
accounts
•
23 out of the 33 accounts that have b e e n d e sig nate d “Cle an” and “Cle ar” have
b e e n re vie we d b y our Le g al Ad visor (Me lli Darsa & Co)
•
22 out of 33 accounts have b e e n value d b y our Financial Ad visor (PWC-Bahana)
•
The re maind e r will b e comp le te d within the ne xt 4 we e ks
•
Cre d it d ocume ntation for all of the 33 accounts have b e e n p re p are d for the d ue
-d ilig e nce p roce ss
NPL His toric al
Re vie w
Inte rnal
Polic y/ SOP for
PPKM M andiri
Le g al Re vie w &
Valuation
Data Room
1,522
6,692
3,527
4,212
N et Interest
Income
Fee-Based
Income
O verhead
Expenses &
O thers
Pre-provision
O perating Profit
H1 ‘07 op e rating p rofit up 61.3% from H1 ‘06
H1 2007
Note s :
1.
Fe e b ase d income e xclud ing g ain on sa le & incre asing value GB & se curitie s
H1 2006
Rp billion
Up
61.3%
1,201
4,840
3,145
2,906
N et Interest
Income
Fee-Based
Income
O verhead
Expenses &
O thers
Pre-provision
O perating Profit
Rp billion
Exc luding
Non-re c urring Q1
Inte re s t Inc om e
3
,3
5
7
4
,1
4
5
3
,5
1
4
4
,7
8
7
5
,4
9
2
2
,9
0
7
260
114
402
380
172
2
,0
2
1
2
,0
7
2
1
,6
5
1
2
,6
8
2
4
,0
4
0
4
,3
3
5
475
1
,4
5
4
74
235
166
247
0
1,000
2,000
3,000
4,000
5,000
6,000
7,000
8,000
2000
2001
2002
2003
2004
2005
2006 H 1 '07
G ain on Sale/Value of Securities
FX G ain
N on-Recurring Interest
Core Earnings
P
re
-P
ro
v
is
io
n
O
p
e
ra
ti
n
g
P
ro
fi
t
IDR bn
H1 core e arning s up 50.6% to Rp 4,040 b illion
472
308
519
510
290
602
690
97
305
967
610
372
(410)
645
799
819
775
(623)
1
,0
2
7
1
,1
6
8
1
,5
4
9
1
,7
4
4
1
,1
1
3
1
,3
2
9
1
,3
0
0
1
,0
1
7
1
,5
2
8
1
,4
0
8
829
1
,2
3
4
2000
2001
2002
2003
2004
2005
2006
2007
Q 1 PAT
Q 2 PAT
Q 3 PAT
Q 4 PAT
8.1%
21.5%
23.6%
10.0%
16.6%
22.8%
26.2%
2.5%
RoE - After Tax
(Annualized)
1
6
O
p
e
ra
ti
n
g
P
e
rf
o
rm
a
n
c
e
H
ig
h
li
g
h
Re cap : Le ve rag ing le ad e rship in cash g e ne rating b usine sse s to
b uild e me rg ing and future g rowth e ng ine s
Com m e rc ial
Banking
Building
Future
Growth Eng ine
Le ve rag ing on
Our Cas h
Ge ne rator
Stre ng the n
Em e rg ing
Bus ine s s
1
1
3
3
Corporate &
Tre as ury
Cons um e r Financ e &
M ic ro/ Re tail
Banking
2
2
Optim izing
Syne rg ie s
Ac ros s
Bus ine s s Unit
Optim izing
Syne rg ie s
Rp billion
SBU H1 ‘07 Earning s b e fore Tax (
Unaud ite d
)
Future b usine sse s g e ne rate d larg e st p rofit in H1 2007 . . .
596
1,137
972
1,314
320
1,317
3,022
Corporate
Treasury &
Int'l
Commercial
Micro &
Retail
Consumer
Finance
O thers, Incl.
SAM
11
8
-3
-Non-Op e rating Income
596
41
47
445
239
33
2
35
206
55
261
Tre asury
& Int’l
Comm
M&RB
Cons
Othe rs
Total
Corp
Y-T-D June 2007
3,022
(1,317)
320
1,314
972
1,137
Ne t Profit Be fore Tax
1,410
669
115
545
20
14
G & A
Ove rhe ad
Pe rsonne l
15
47
817
37
606
1,563
1,656
171
88
691
72
189
Fe e Base d
(5,524)
(8)
7
1,810
515
689
Ne t Re ve nue
4,327
(221)
384
1,982
967
977
Total Ne t Re ve nue
(5,324)
**
88
7
1,885
527
705
Sp re ad
Liab ilitie s
Re ve nue
De p . Ins
16
11
75
-
96
200
9.851
(213)
377
172
451
288
Ne t Re ve nue
1,744
988
117
160
248
176
Provision
11,595
*
775
494
332
699
464
Sp re ad
Asse t
Re ve nue
*) Inte re st Income
**) Inte re st Exp e nse
705
464
189
45
1,313
176
1,137
Asset
Spread
Liabilities
Spread
Fees
O verhead O perating
Profit
Provisions
Profit
After
PPAP
Corp orate Banking :
Contrib ution marg in g re w b y 83.4% , p rimarily d rive n b y liab ilitie s
Pe rform anc e to Date (H1 ‘07)
Contribution M arg in (afte r PPAP)
1,137
620
H 1 2006
H 1 2007
Corporate
Rp b n
Rp b n
Strate g ic Alliance s w/ SBUs to se rve Prime Custome rs
Corporate
Providing Se rvic e s & Bus ine s s De ve lopm e nt for
Te le c om m unic ation Com pany
Providing Se rvic e s & Bus ine s s De ve lopm e nt for
Oil & Gas Com pany
Targ e ts
Fac ilitie s Offe re d
Groups
USD 200 bn
Fore x Trans ac tions
Tre as ury
Group
8, 900 c ard
Cre dit Cards
Cons um e r
Cards
USD 70 bn
Loans to Coope rative
Sm all
Bus ine s s
1, 500 Units
EDCs
Fe e Inc om e of
Rp1. 7 bn/ m onth
Paym e nt Points
M as s &
Ele c tronic
Banking
Outs tanding
Rp230 bn
Cons um e r Loans (KPR,
M itra Kary a)
Cons um e r
Loans
USD 7. 71 bn
Fore x Trans ac tions
Rp39 bn
Em ploye e Coope rative s
Rp50 bn
Le nding to pe trol dis tributors
150 units
EDC
M as s &
Ele c tronic
Banking
Rp50 bn
Le nding to pe trol s ub-ag e nts
M ic ro
Bus ine s s
1, 600 c ards
Corporate Cards
Cons um e r
Cards
Rp75. 1 bn
Liabilitie s Produc ts &
Inve s tm e nt Produc ts
143 Ne w
Cus tom e rs
M andiri Prioritas
M e m be rs hip
We alth
M anag e m e nt
Targ e ts
Fac ilitie s Offe re d
Groups
Rp3 tn
M one y M arke t
Tre as ury
Group
USD 1. 84 bn
Trade Se rvic e
Com m e rc ial
Banking
Rp37 bn
De live ry Orde r SPBU
Sm all
Bus ine s s
Rp1500 bn
Cons um e r Loans (Mitra Kary a
M andiri)
Cons um e r
448
1,235
560
2,178
1,385
357
4,843
420
5,540
300
113
3,387
W it hdrawn H 2 2007 2008 > 2008 Repaid T ot al C redit s Approved
W ithdrawn H 2 2007 2008 > 2008 Repaid T ot al C redits Approved
357
448
1.235
3.337
420
560
2.178
1.385
300
(Rp b n)
Corporate
Draw-downs c onc e ntrate d in 2008 and be yond
Trans Java Toll Cre dit Approval
Non-Trans Java Toll Cre dit Approval
Pe rform anc e to Date (H1 ‘07)
Bre akdown of Tre as ury Fe e -Bas e d Inc om e (%)
Rp b n
Tre asury & Inte rnational Banking :
Sig nificant fe e income g e ne rator for the b ank
(% )
Tre as ury
596
55
651
90
445
261
35
Assets Spread
Liabilities Spread
Fee Based O verhead O perating Profit
Provision N et Profit
Custody Fees;
3.8%
Subsidiaries;
7.9%
Forex; 30.4%
Fixed Income;
42.6%
PO L
T ransfer;
3.6%
O thers;
972
248
1,220
67
72
699
516
Asset Spread
Liabilities Spread
Fees O verhead O perating Profit
Provisions Profit After PPAP
Pe rform anc e to Date (H1 ‘07) – P&L
Contribution M arg in (afte r PPAP)
972
649
H 1 2006
H 1 2007
Comme rcial Banking :
Ge ne rating b alance d re ve nue s from an e me rg ing b usine ss
Rp b n
Rp b n
Com m e rc ial
Dive rsifie d b usine ss across g e og rap hy & se ctors
Com m e rc ial Ope rating Profit by Ge og raphy (Jun ‘07)
Com m e rc ial Loans by Se c tor
Com m e rc ial
Utilities
1.7%
Mfg
33.2%
O thers
12.1%
Social
Services
1.5%
Services
5.5%
Agri
8.3%
Mining
2.9%
Constr
15.5%
Trans
5.0%
Trading
14.3%
(% )
O ther
11.9%
Sumatera
15.7%
Jakarta
55.1%
Java
ex-Jakarta
17.3%
Micro & Re tail Banking :
Solid g rowth in p rofitab ility d rive n b y imp roving liab ilitie s sp re ad
M ic ro Re tail
Pe rform anc e to Date (H1 ‘07)
Contribution M arg in (afte r PPAP)
1,314
733
H 1 2006
H 1 2007
Rp b n
Rp b n
* Includ e s De p osit Insurance
79.3%
1,314
160
1,475
1,437
695
332
1,885
Asset Spread
Liabilities Spread
Fees O verhead* O perating Profit
Build ing a strong saving s d e p osit franchise
1
8
.0
2
2
.1
2
9
.6
4
0
.5
5
2
.0
4
9
.5
4
7
.8
4
4
.2
4
5
.2
4
1
.8
4
4
.7
4
6
.6
5
7
.6
5
7
.2
6
2
.5
11.0%
24.9%
24.5%
22.8%
31.7%
17.1%
16.0%
17.5%
11.6%
Q
4
'0
0
Q
4
'0
1
Q
4
'0
2
Q
4
'0
3
Q
4
'0
4
Q
1
'0
5
Q
2
'0
5
Q
3
'0
5
Q
4
'0
5
Q
1
'0
6
Q
2
'0
6
Q
3
'0
6
Q
4
'0
6
Q
1
'0
7
Q
2
'0
7
Savings D eposits (Rp tn) As % of T otal D eposits
N ational Share of Savings D eposits (%)
Saving s De pos it Growth
M ic ro Re tail
Trans ac tion c hanne l g rowth
4
9
2
.1
5
2
1
.8
5
5
4
.9
5
7
6
.6
6
0
7
.5
6
2
7
.6
6
6
5
.7
7
1
0
.2
6
7
7
.0
7
0
6
.3
7
5
9
.6
Avg AT M D aily Vol (000) W ithdrawal/Inquiry
T ransfer Payment
O ther
5
,0
5
6
6
,9
8
8
7
,3
6
4
8
,2
3
3
1
0
,1
4
2
1
1
,4
3
5
1
2
,1
4
0
1
1
,8
1
3
679 1,0161,0101,023 1,083 1,0861,053 1,175 1,472 1,7221,4851,833106
3
,8
0
8
3
,2
3
0
3
,0
7
2
1,069
27Q
4
'0
0
Q
4
'0
1
Q
4
'0
2
Q
4
'0
3
Q
4
'0
4
Q
1
'0
5
Q
2
'0
5
Q
3
'0
5
Q
4
'0
5
Q
1
'0
6
Q
2
'0
6
Q
3
'0
6
Q
4
'0
6
Q
1
'0
7
Q
2
'0
7
642
843
202
Q 2 2006
Growth
Q 2 2007
1,069
1,140
71
Q 2 2006
Growth
Q 2 2007
245
430
185
Q 2 2006
Growth
Q 2 2007
Focus on Growing Hig h Yie ld Small & Micro Loans
M ic ro Re tail
M ic ro Cre dits
(Rp Bn)
Coope rative Cre dits
(Rp Bn)
Loan
Yie lds
13.2%
26.8%
14.5%
31%
7%
76%
7
494
88
152
437
117
320
Asset
Spread
Liabilities
Spread
Fees
O verhead O perating
Profit
Provisions
Profit
After
PPAP
Pe rform anc e to Date * (H1 ‘07)
Contribution M arg in (afte r PPAP)
320
232
H 1 2006
H 1 2007
Rp b n
Rp b n
Consume r Finance :
Sig nificant g rowth in sp re ad and fe e income
* Exclud ing BSM
37.9%
328
1
,9
2
1
1
,9
1
8
1
,9
3
2
1
,9
3
8
1
,9
0
6
1
,9
9
6
2
,1
6
5
2
,2
8
5
2
,4
2
7
815
494
816
727
653
688
1
,5
2
2
1
,9
9
6
2
,5
9
1
3
,6
6
3
3
,6
1
0
3
,5
7
4
3
,4
5
2
3
,2
5
0
2
,8
8
5
3
,0
5
0
3
,8
6
5
283
2
,8
5
2
3
,5
6
7
3
,4
0
4
3
,5
2
2
3
,6
6
6
3
,8
6
7
3
,9
7
9
4
,0
3
3
4
,1
3
1
4
,2
2
3
4
,2
1
7
1
,9
3
0
2
,6
4
4
1
,8
0
2
1
,2
7
0
1
,2
0
6
1
,2
5
7
1
,4
2
6
1
,3
5
8
1
,2
9
3
1
,2
3
1
1
,2
4
1
1
,2
7
9
1
,3
6
7
1
,3
5
4
8
8
8
7
9
2
8
7
6
9
5
9
1
,5
4
4
1
,0
3
9
1
,0
1
7
0
2,000
4,000
6,000
8,000
10,000
12,000
14,000
Q
4
'0
3
Q
4
'0
4
Q
1
'0
5
Q
2
'0
5
Q
3
'0
5
Q
4
'0
5
Q
1
'0
6
Q
2
'0
6
Q
3
'0
6
Q
4
'0
6
Q
1
'0
7
Q
2
'0
7
O ther
Cash Collateral Loans
Credit Cards
Payroll Loans
Home Equity Loans
Mortgages
Consume r le nd ing rose 8.1% Y-o-Y
(2.12% )
16.06%
Cash Collate ral Loans
5.06%
14.95%
Cre d it Card s
8.94%
32.43%
Payroll Loans
(3.35% )
(14.46% )
Home Eq uity Loans
5.05%
11.95%
Mortg ag e s
Growth (% )
Q-o-Q
Y-o-Y
8. 08%
65.74%
51.90%
Othe r
Total Cons um e r
Loan Typ e
3. 81%
*Auto & Motorcycle Loans channe le d or e xe cute d throug h
finance comp anie s = Rp 3.43 tn in our Comme rcial Loan
Portfolio
Quarte rly Cons um e r Loan Balanc e s by Type
Cons um e r Loan Growth by Type
3
1
9
6
6
k
V
is
a
C
a
rd
s m
a
d
e
Q
2
t
ra
n
sa
c
ti
o
n
s o
f R
p
1
,1
4
8
b
n
M
a
n
d
ir
i V
is
a
C
a
rd
H
o
ld
e
rs
a
n
d
EO
Q
R
e
c
e
iv
a
b
le
s
1,426.2
1,357.5
1,292.8
1,230.7
1,279.4
1,367.4
1,205.8
567.5
814.9
1,270.2
1,256.6
1,353.6
1,240.8
9
6
6
.4
7
8
4
.1
2
2
5
.7
6
5
0
.7
7
0
9
.4
7
5
2
.4
8
7
2
.5
Q 4 '02
Q 4 '03
Q 4 '04
Q 1 '05
Q 2 '05
Q 3 '05
Q 4 '05
Q 1 '06
Q 2 '06
Q 3 '06
Q 4 '06
Q 1 '07
Q 2 '07
R
e
c
e
iv
ab
le
s
(R
p
B
n
)
C
a
r
d
s
(0
0
0
s)
250
332
504
535
521
532
606
600
553
621
755
836
936
1,067
6
8
7
2
6
8
6
7
6
2
8
6
0
4
8
2
4
1
6
1
0
1
8
8
2
3
4
2
3
1
1
1
7
1
9
5
6
8
1
6
2
2
2
3
3
7
3
6
1
5
7
5
9
Q 1 '04
Q 2 '04
Q 3 '04
Q 4 '04
Q 1 '05
Q 2 '05
Q 3 '05
Q 4 '05
Q 1 '06
Q 2 '06
Q 3 '06
Q 4 '06
Q 1 '07
Q 2 '07
Strong e r re lationship s with me rchant p artne rs on local and
national scale will d rive hig he r usag e of card s
1,200 Me rchants
Comp are Q2- 06 to Q2-07 : 59% g rowth in sale s, 15% g rowth in re ce ivab le s, and
23% g rowth numb e r of card s
Cons um e r
Financ e
200 Prim e M arke ting Prog ram
(Ac quis ition & Ac tivation)
600 Loc al M arke ting Prog ram
Powe r Buy alliance with 74 me rchants, e xamp le : Carre four,
Ag is, Ele ctronic Solution, Ele ctronic City, Trikomse l, Glob al
Te le shop , Op tik Tung g al, Oke Shop , Hyp e rmart, Be st De nki,
e tc.
Promo Prog rams with Hote ls, Airline s, Café s & Re sto,
e xamp le : Izzi Pizza, Haag e n Daaz, Exce lso
Comp any Solicitation of Corp orate Clie nts
Powe r Cash Prog ram
Powe r Bill
Powe r Buy with 22 me rchants in the re g ions
Discount p rog ram working with anchor re g ional me rchants,
e xamp le : ADA Swalayan Se marang , Tiara De wata Bali,
Yaohan Sp m, Yog ya De p t Store , Hyp e rmart, Giant
Acq uisition p rog ram throug h p ayroll
2007 Major Goals
Gross NPL b e low 10% and Ne t NPL b e low 4%
Fulfill all crite ria to b e consid e re d an anchor b ank (consolid ator b ank) as of the e nd
of 2007
ROE imp rove me nt to 13 - 15% (e nvisione d a normalize d ROE of ab ove 18% starting
from 2008)
Gross loan g rowth of more than Rp 20 trillion or 18%
Ab ove 30% g rowth in consume r loan d rive n b y ke y p rod ucts: cre d it card ,
mortg ag e , p ayroll loan, and auto loan (throug h channe ling and alliance s)
Ab ove 30% g rowth in corp orate loan d rive n b y ke y se ctors: CPO,
infrastructure (toll road s & e ne rg y), te le communication and consume r g ood s
Major le ap in saving d e p osit to more than Rp 60 trillion
Marg in imp rove me nt to ap p roximate ly 5% , d rive n b y major NPL re cove ry, strong
asse t g rowth and continuous imp rove me nt in fund ing mix
Re tain e fficie ncy ratio b e low 50%
Custome r se rvice satisfaction le ad e r in the ind ustry
3
4
S
u
p
p
o
rt
in
g
M
a
te
ri
a
25. 13%
25.30%
25.13%
Total CAR
(2)1,175
40
24.57%
19.44%
49.05%
24.88%
54.73%
4.41%
47.33%
6.89%
0.91%
23,856
197,027
255,278
92,338
107,828
H1 ‘06
11. 0%
157. 5%
13. 0%
4. 7%
3. 8%
-3. 1%
7. 9%
YoY Chang e
(% )
1, 304
103
24. 40%
19. 66%
86. 68%
15. 47%
56. 39%
5. 96%
38. 74%
15. 92%
2. 33%
26, 949
206, 241
265, 022
89, 490
116, 306
H1 ‘07
26,341
Total Equity
57.20%
LDR
24.63%
Total CAR
inc l. M arke t Ris k
19.63%
Tie r 1 CAR
(2)73.67%
Provis ions / NPLs
48.77%
Cos t to Inc om e
(1)9.95%
RoE – afte r tax (p. a. )
1.09%
RoA - be fore tax (p. a. )
1,297
Book Value / Share (Rp)
119
EPS (Rp)
16.60%
Gros s NPL / Total Loans
4.70%
NIM (p. a. )
205,708
Cus tom e r De pos its
267,517
Total As s e ts
90,648
Gove rnm e nt Bonds
117,671
Gros s Loans
FY 2006
IDR b illion / %
Ke y Quarte rly Balance She e t Ite ms & Financial Ratios
Summary P&L Information – H1 ‘06 vs. H1 ‘07
144. 8%
0.2%
235
0.1%
96
Gain from Inc re as e in Value & Sale of
Bonds
650. 0%
0.0%
15
0.0%
2
Non Ope rating Inc om e
22. 8%
(0.3% )
(345)
(0.2% )
(281)
Othe r Ope rating Expe ns e s **
161. 5%
2.3%
3, 081
0.9%
1,178
Ne t Inc om e Be fore Tax
2. 3%
(1.1% )
(1, 458)
(1.1% )
(1,425)
G & A Expe ns e s
19. 8%
(1.3% )
(1, 724)
(1.1% )
(1,439)
Pe rs onne l Expe ns e s
1. 6%
(1.4% )
(1, 856)
(1.4% )
(1,826)
Provis ions , Ne t
162. 6%
1.6%
2, 140
0.6%
815
Ne t Inc om e Afte r Tax
160. 7%
2.3%
3, 066
0.9%
1,176
Profit from Ope rations
26. 7%
1.1%
1, 522
0.9%
1,201
Othe r Ope rating Inc om e
38. 0%
5.0%
6, 692
3.7%
4,850
Ne t Inte re s t Inc om e
(32. 9%)
(4.2% )
(5, 643)
(6.5% )
(8,416)
Inte re s t Expe ns e
(7. 0%)
9.3%
12, 335
10.2%
13,266
Inte re s t Inc om e
(%)
% of
Av. As s e ts
Rp (Billions )
% of
Av.Asse ts*
Rp (Billions)
YoY Chang e
H1 2007
H1 2006
* % of Ave rag e As s e ts on an annualize d bas is
Re cap Bond sale s of Rp 30 b n in Q2 ‘07
Bond Sale s as of June 2007 (Rp bn)
101
43
1,852
2006
(66)
257
2,544
2005
18
9
150
H1
‘07
66
1,365
32,334
2004
1,868
Re alize d
Profit
Unre alize d
Profit
Bond s Sold
IDR b n
(52)
24,505
2003
* Mark to Marke t imp acts Profit
# Mark to Marke t imp acts Eq uity
^ Nominal value
26.542
59.745
0.03
1.35
0.80
1.02
0
10
20
30
40
50
60
70
T rading*
AFS#
H T M^
Fixed Rate
Variable Rate
Bonds by Rate Type & Portfolio as of June 2007 (Rp bn)
1
7
7
.4
1
7
6
.9
1
5
3
.5
1
4
8
.8
1
2
2
.9
9
3
.1
9
3
.2
9
2
.5
6
0
.2
5
1
.4
6
4
.5
5
7
.6
5
5
.1
5
4
.0
5
9
.2
5
6
.1
5
9
.2
9
2
.3
9
2
.1
9
2
.2
9
2
.3
9
1
.0
8
9
.5
9
0
.6
9
0
.6
4
4
.0
4
3
.0
6
5
.4
7
5
.9
9
4
.4
9
9
.5
1
0
4
.0
1
0
6
.9
1
0
6
.9
1
0
5
.1
1
0
7
.8
4
8
.3
1
1
4
.3
1
1
7
.7
1
0
8
.8
1
1
6
.3
5
6
.6
6
0
.7
5
0
.6
3
6
.1
6
0
.5
3
3
.4
2
7
.0
0
20
40
60
80
100
120
140
160
180
200
220
240
260
280
Q 4 '9 9 Q 4 '0 0 Q 4 '0 1 Q 4 '0 2 Q 4 '0 3 Q 4 '0 4 Q 1 '0 5 Q 2 '0 5 Q 3 '0 5 Q 4 '0 5 Q 1 '0 6 Q 2 '0 6 Q 3 '0 6 Q 4 '0 6 Q 1 '0 7 Q 2 '0 7Government Bonds
Loans
O ther Assets
44.1%
44.8%
38.2%
40.7%
60.6%
74.1%
75.4%
34.8%
42.8%
19.0%
19.0%
34.1%
50.5%
48.0%
40.9%
50.1%
Int. from Bonds
Int. from Loans
3
8
42.6
58.1
72.5
91.9
108.9
114.1
115.9
117.5
115.9
110.7
110.7
110.4
112.2
107.9
113.1
25.5
27.5
30.4
27.5
27.8
27.4
27.9
27.8
28.1
28.4
29.3
28.4
17.0
15.4
13.3
Q 4 '00
Q 4 '01
Q 4 '02
Q 4 '03
Q 4 '04
Q 1 '05
Q 2 '05
Q 3 '05
Q 4 '05
Q 1 '06
Q 2 '06
Q 3 '06
Q 4 '06
Q 1 '07
Q 2 '07
R
W
A
(
R
p
t
n
)
T
o
ta
l
C
a
p
it
a
l
(R
p
t
n
)
3
1
.3
%
2
3
.4
%
2
6
.6
%
2
7
.1
%
2
5
.3
%
2
5
.2
%
2
5
.1
%
C
A
R
B
I
M
in
R
e
q
C
A
R
f
e
ll
t
o
2
5
.1
%
o
n
a
3
.1
%
d
ro
p
i
n
c
a
p
it
a
Ad d itional Factors
Writte n-off
Loans
Writte n-off
Loans
Ag g re g ate of Rp 25.435 tn (US$ 2.81 b n) in writte n-off loans as of
e nd -March 2007, with sig nificant re cove rie s on-g oing :
¾
2001: Rp 2.0 tn
¾
2002: Rp 1.1 tn
¾
2003: Rp 1.2 tn
¾
2004: Rp 1.08 tn
¾
2005: Rp 0.818 tn (US$ 83.2 mn)
¾
2006: Rp 3.408 tn (US$ 378.5 mn)*
¾
Q1 ’07: Rp 0.242 tn (US$ 26.5 mn)
¾
Q2 ’07: Rp 0.299 tn (US$ 33.0 mn)
*
includ ing the write -b ack of RGM loans totaling Rp 2.336 tn
Loan
Collate ral
Und e rvalue d
Loan
Collate ral
Und e rvalue d
Collate ral value s includ e d for p rovisioning p urp ose s on only 83
Summary Quarte rly Balance She e t: Q2 ‘06 – Q2 ‘07
26.3
96.6
60.3
48.8
205.7
103.3
(14.4)
19.5
98.1
117.7
61.1
28.7
0.8
90.6
4.0
10.0
0.0
14.3
21.6
4.0
267.5
Rp (tn)
Q4 ‘06
(63. 4)
0. 4
3.8
11.1
8.4
10.3
C e rtificate s of BI
1. 9
2. 3
20.6
19.8
19.5
20.2
C urre nt Accounts w / BI
36. 7
0. 5
4.1
3.6
3.3
3.0
C as h
27.4
90.3
60.1
47.9
198.3
98.8
15.5
16.5
97.8
114.3
61.1
28.6
0.9
90.6
4.6
13.2
0.0
261.0
Rp (tn
)
Q1 ‘07
26.9
86.0
65.6
54.7
206.2
100.7
(15.6)
18.0
98.3
116.3
61.1
27.6
0.8
89.5
5.5
18.9
0.5
265.0
Rp (tn
)
Q2 ‘07
12. 8
3. 0
24.4
23.9
Share holde rs ’ Equity
(20. 2)
9. 5
102.7
107.7
C e rtificate & Tim e De p os its
39. 5
7. 2
48.8
47.0
Saving s De p os its
29. 3
6. 0
42.9
42.3
De m and De p os its
4. 7
22. 8
194.4
197.0
Total De pos its – Non-Bank
(32. 9)
2. 0
26.8
26.8
Non-Pe rform ing Loans
7. 9
12. 9
108.8
107.8
Loans
18. 2
(1. 7)
(13.3)
(13.2)
Allowance s
0. 0
6. 8
61.1
61.1
HTM
(4. 6)
3. 0
29.0
28.9
AFS
(3. 0)
9. 9
90.9
92.3
Gove rnm e nt Bonds
6. 3
11. 1
95.5
94.7
Loans – Ne t
21. 4
10. 9
82.0
81.0
Pe rform ing Loans
(63. 8)
0. 1
0.8
2.3
Trad ing
43. 5
0. 6
3.8
3.8
Se curitie s - Ne t
49. 8
2. 1
13.9
12.6
C urre nt Accounts &
Place m e nts w / O the r Banks
N/ A
0. 1
0.4
0.0
O the r Place m e nts w / BI
3. 8
29. 3
253.7
255.3
Total As s e ts
% Chang e
US$
(bn)#
Rp (tn)
Rp (tn)
Y-o-Y
Q3 ‘06
Summary P&L Information – Q2 2007
0.5
0.6
0.0
0.6
(0.2)
(1.2)
(1.2)
(1.5)
(0.40)
1.0
4.1
(6.5)
10.6
% of
Av. As s e ts
*
305
391
(4)
395
(148)
(789)
(744)
(953)
(258)
647
2,640
