CONSOLIDATED FINANCIAL STATEMENTS AND OTHER FINANCIAL INFORMATION
(in million Rupiah)
1. Cash 3,307,808 4,776,086 3,308,815 4,777,284
2. Placement with Bank Indonesia 14,655,645 18,289,876 14,655,645 18,289,876 3. Placement with other banks 3,942,699 4,869,693 3,998,824 4,971,753 4. Spot and derivatives/forward receivables 1,535,057 1,359,286 1,535,057 1,359,286
5. Marketable securities 57,428,105 56,368,785 57,433,107 56,373,803
6. Securities sold under repurchase agreement (repo) 4,976,103 8,781,497 4,976,103 8,781,497 7. Receivables on securities purchased under resale agreement (reverse repo) 3,046,212 2,305,523 3,046,212 2,305,523 8. Acceptance receivables 2,980,290 2,153,756 2,980,290 2,153,756
9. Loans 137,937,668 140,002,939 139,803,659 141,902,141
10. Sharia financing 32,416,327 31,932,300 33,619,117 32,852,452
11. Investments 1,082,535 1,082,535 4,214 4,214
12. Other financial assets 4,883,419 4,159,585 4,883,419 4,159,585 13. Allowance for impairment losses on financial assets -/-
a. Marketable securities (16,189) (16,315) (16,189) (16,315) b. Loans and Sharia Financing (12,578,608) (11,818,607) (12,677,185) (11,924,960)
c. Others (644,671) (582,320) (644,671) (582,320)
14. Intangible assets 3,534,992 3,351,315 3,561,206 3,377,482
Accumulated amortisation on intangible assets -/- (1,653,834) (1,587,647) (1,678,622) (1,612,272) 15. Fixed assets and equipment 9,480,418 9,327,174 9,587,997 9,427,365
Accumulated depreciation on fixed assets and equipment -/- (2,546,964) (2,405,232) (2,580,830) (2,437,644) 16. Non productive assets
a. Abandoned properties - - - - b. Foreclosed assets 245,331 248,440 305,063 294,080 c. Suspense accounts 149,552 126,500 149,552 126,500 d. Inter-office assets 206,863 65,735 234,207 93,079
17. Other assets 5,680,953 5,883,157 6,061,555 6,267,440
TOTAL ASSETS 270,049,711 278,674,061 272,546,545 280,943,605
LIABILITIES
1. Current accounts 58,508,742 56,110,463 58,258,742 55,862,547
2. Saving accounts 68,372,451 67,861,369 68,372,451 67,861,369
3. Time deposits 73,439,892 83,805,508 73,439,892 83,805,508
4. Electronic Money 88,040 83,420 88,040 83,420 5. Liabilities to Bank Indonesia - - - - 6. Liabilities to other banks 3,735,675 2,901,556 3,735,675 2,901,556 7. Spot and derivatives/forward payables 690,981 738,351 690,981 738,351 8. Liabilities on securities sold under repurchase agreement (repo) 4,915,314 8,656,643 4,915,314 8,656,643 9. Acceptance payables 2,980,290 2,153,756 2,980,290 2,153,756 10. Marketable securities issued 6,565,528 6,565,604 6,565,528 6,565,604
11. Borrowings 224,576 224,184 1,355,995 1,157,617
12. Security deposits 384,841 405,613 384,841 405,613 13. Inter-office liabilities - - - -
14. Other liabilities 10,037,197 9,100,802 10,618,549 9,698,570
15. Minority Interest - - 14,036 14,112 TOTAL LIABILITIES 229,943,527 238,607,269 231,420,334 239,904,666
EQUITY 16. Paid in capital
a. Authorised capital 2,900,000 2,900,000 2,900,000 2,900,000 b. Unpaid capital -/- (1,287,743) (1,287,743) (1,287,743) (1,287,743) c. Treasury stock -/- (253,832) (253,832) (253,832) (253,832) 17. Additional paid-in capital
a. Share premium 7,033,450 7,033,450 7,033,450 7,033,450
b. Share discount -/- - - - - c. Capital deposit funds - - - -
d. Others 96,578 96,430 96,578 96,430
18. Other comprehensive income
a. Gains 3,689,720 4,598,506 3,689,421 4,598,207
b. Losses -/- - - - - 19. Reserves
a. General reserves 351,538 351,538 351,538 351,538 b. Appropriated reserves - - - - 20. Transactions with non-controling interest - - (35,723) (35,723) 21. Profit/(Loss)
a. Previous period 26,628,443 26,189,641 27,636,612 27,016,372
b. Current period 948,030 1,830,963 995,910 2,012,401 c. Dividends paid -/- - (1,392,161) - (1,392,161) TOTAL EQUITY ATTRIBUTABLE TO OWNERS 40,106,184 40,066,792 41,126,211 41,038,939 TOTAL EQUITY 40,106,184 40,066,792 41,126,211 41,038,939 TOTAL LIABILITIES AND EQUITY 270,049,711 278,674,061 272,546,545 280,943,605
STATEMENTS OF FINANCIAL POSITION
31 December 2020 CONSOLIDATED
31 March 2021 31 March 2021
LIABILITIES AND EQUITY
31 March 2021 and 31 December 2020 BANK CIMB NIAGA
ASSETS
No. ACCOUNTS
31 December 2020
CONSOLIDATED FINANCIAL STATEMENTS AND OTHER FINANCIAL INFORMATION
(in million Rupiah, except for earnings per share)
1. Interest Income 4,657,251 5,150,717 4,773,168 5,291,140 2. Interest Expenses (1,505,754) (2,197,896) (1,503,807) (2,222,641)
Net Interest Income (Expense) 3,151,497 2,952,821 3,269,361 3,068,499
Gain/(loss) on increase/(decrease) in fair value of financial assets 260,010 (603,599) 259,994 (603,440) Gain/(loss) on increase/(decrease) in fair value of financial liabilities - - - - Gain/(loss) on sale of financial assets 274,502 124,010 274,478 124,005 Gain/(loss) on spot and derivatives/forward transactions (realised) 234,802 552,667 234,802 552,667 Gain/(loss) on investment under equity method - - - - Gain/(loss) on foreign exchange transaction (106,031) 379,749 (106,031) 379,749
Dividend - - - -
Commission/provision/fee and administration 514,843 554,132 552,119 586,988
Other income 73,475 100,989 84,348 111,086
Allowance for impairment losses (1,238,562) (713,304) (1,250,710) (746,735) Losses and operational risk (4,833) (3,392) (5,133) (3,392)
Personnel expenses (1,020,245) (1,018,117) (1,074,230) (1,074,173)
Promotion expenses (71,405) (74,213) (71,957) (76,117)
Other expenses (883,761) (911,814) (926,101) (951,197)
Other Operating Income (Expenses) (1,967,205) (1,612,892) (2,028,421) (1,700,559) OPERATING INCOME 1,184,292 1,339,929 1,240,940 1,367,940
1. Gain/(loss) on sale of fixed assets and equipment 805 597 651 626 2. Other non operating income/(expenses) 56,313 5,255 59,897 60,840 NON OPERATING INCOME/(LOSS) 57,118 5,852 60,548 61,466 CURRENT PERIOD INCOME/(LOSS) BEFORE INCOME TAXES 1,241,410 1,345,781 1,301,488 1,429,406 Income Taxes
a. Estimated tax for current period -/- (306,754) (336,445) (319,040) (355,805) b. Deferred tax income/(expenses) 13,374 (15,985) 13,386 (18,635) NET INCOME/(LOSS) FOR THE CURRENT PERIOD 948,030 993,351 995,834 1,054,966 1. Items that will not be reclassified to profit or loss - - - -
a. Revaluation surplus of fixed assets - - - - b. (Loss)/gain on remeasurement of defined benefit program - - - -
c. Others - - - -
2. Items that will be reclassified to profit or loss (908,786) (181,437) (908,786) (181,437) a. Gain/(loss) on the translation of financial statements
in foreign currencies - - - - b. Gain/(loss) from changes in fair value of financial assets of debt securities
measured at fair value through other comprehensive income (908,786) (181,437) (908,786) (181,437)
c. Others - - - -
Other comprehensive income for the current period -
net of tax (908,786) (181,437) (908,786) (181,437) CURRENT PERIOD TOTAL COMPREHENSIVE INCOME/(LOSS) 39,244 811,914 87,048 873,529 Current period income/(loss) attributable to:
Owner 948,030 993,351 995,910 1,055,200
Minority interest - - (76) (234) CURRENT PERIOD NET INCOME/(LOSS) 948,030 993,351 995,834 1,054,966 Current period total comprehensive income/(loss) attributable to:
Owner 39,244 811,914 87,124 873,763
Minority Interest - - (76) (234) CURRENT PERIOD TOTAL COMPREHENSIVE INCOME/(LOSS) 39,244 811,914 87,048 873,529 TRANSFER OF INCOME/(LOSS) TO HEAD OFFICE - - - - DIVIDEND - - - - EARNINGS PER SHARE (In Full Rupiah) 38.03 39.85 39.95 42.33
CONSOLIDATED
2021 2020
STATEMENTS OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME
2021 2020
No. ACCOUNTS
For the period ended 31 March 2021 and 2020
BANK CIMB NIAGAOTHER COMPREHENSIVE INCOME NON OPERATING INCOME (EXPENSES) A. Interest Income and Expenses OPERATING INCOME AND EXPENSES
B. Other Operating Income and Expenses
CONSOLIDATED FINANCIAL STATEMENTS AND OTHER FINANCIAL INFORMATIONS
Bank CIMB Niaga Consolidated Bank CIMB Niaga Consolidated
I 36,513,584 38,620,559 35,611,763 37,555,474
1 Common Equity Tier (CET 1) 36,513,584 38,620,559 35,611,763 37,555,474
1.1 Paid in Capital (after deducting Treasury Shares) 1,358,425 1,358,425 1,358,979 1,358,979
1.2 Disclosed Reserves 1.2.1 Additional Factor
1.2.1.1 Other Comprehensive Income
1.2.1.1.1 Excess translation adjustment of financial statement 1 1 1 1
1.2.1.1.2 Potential gain on increase in fair value of financial assets measured at fair value through other comprehensive income 236,500 236,500 - -
1.2.1.1.3 Fixed asset revaluation surplus 3,515,604 3,515,604 3,520,447 3,520,447
1.2.1.2 Other disclosed reserve
1.2.1.2.1 Share premium 7,130,028 7,130,028 7,129,181 7,129,181
1.2.1.2.2 General reserve 351,538 351,538 351,538 351,538
1.2.1.2.3 Previous period profit 26,628,443 27,636,611 26,189,641 27,016,371
1.2.1.2.4 Current period profit 948,030 995,910 993,351 1,055,200
1.2.1.2.5 Capital deposit funds - - - -
1.2.1.2.6 Other - - - -
1.2.2 Deduction Factor
1.2.2.1 Other Comprehensive Income
1.2.2.1.1 Negative difference arising from translation of financial statement - - - -
1.2.2.1.2 Potential loss on decrease in fair value of financial assets measured at fair value through other comprehensive income - - 319,991 319,991 1.2.2.2 Other disclosed reserve
1.2.2.2.1 Share discount - - - -
1.2.2.2.2 Previous period loss - - - -
1.2.2.2.3 Current period loss - - - -
1.2.2.2.4 Negative differences between regulatory provision and impairment of productive asset - - - -
1.2.2.2.5 Negative difference on adjustment of fair value on financial instrument in the trading book - - - -
1.2.2.2.6 Required regulatory provision on non productive asset 157,603 164,955 46,043 51,335
1.2.2.2.7 Other - - - -
1.3 Non controlling interest - - - -
1.4 Deduction Factor of Common Equity Tier 1
1.4.1 Deferred taxes 929,014 947,629 1,291,964 1,307,772
1.4.2 Goodwill - - - -
1.4.3 Intangible assets 1,490,047 1,491,474 1,195,056 1,197,145
1.4.4 Equity investment which can be calculated as deduction factor 1,078,321 - 1,078,321 -
1.4.5 Shorftall on the capital of insurance subsidiary - - - -
1.4.6 Securitisation exposure - - - -
1.4.7 Other deduction factor of Tier 1 -
1.4.7.1 Investment in AT 1 and/or Tier 2 instruments in other bank - - - -
1.4.7.2 Cross ownership in other entity acquired by the transition of the law, a grant, or grant will - - - -
1.4.7.3 Exposure which increase Credit Risk due to settlement risk - Non Delivery Versusu Payment - - - -
1.4.7.4 Exposure on Subsidiary which operating in business based on Sharia principle (if any) - - - -
2 Additonal Tier 1 (AT1) - - - -
2.1 Capital instrument which can be calculated as AT 1 - - - -
2.2 Share premium/Share discount - - - -
2.3 Deduction factor on additional Tier 1 - - - -
2.3.1 Investment in AT 1 and/or Tier 2 instruments in other bank - - - -
2.3.2 Cross ownership in other entity acquired by the transition of the law, a grant, or grant will - - - -
II 1,998,371 2,022,428 2,535,899 2,580,772
1 Capital instrument in the Form of Share or others which can be calculated as Tier 2 172,752 172,752 490,453 490,453
2 Share premium/Share discount - - - -
3 General reserve of required regulatory provision on productive asset (max.1.25% of RWA for Credit Risk) 1,825,619 1,849,676 2,045,446 2,090,319
4 Tier 2 deduction factor
4.1 Sinking Fund - - - -
4.2 Investment in tier 2 instruments in other bank - - - -
4.3 Cross ownership in other entity acquired by the transition of the law, a grant, or grant will - - - -
38,511,955 40,642,987 38,147,662 40,136,246
Bank CIMB Niaga Consolidated Bank CIMB Niaga Consolidated Bank CIMB Niaga Consolidated Bank CIMB Niaga Consolidated
RISK WEIGHTED ASSET (RWA) Capital Adequacy Ratio
RWA FOR CREDIT RISK 147,535,514 150,342,474 170,928,716 173,701,054 Ratio CET1 (%) 20.28 20.99 17.54 18.14 RWA FOR MARKET RISK 3,094,736 3,094,893 3,102,034 3,136,764 Ratio Tier 1 (%) 20.28 20.99 17.54 18.14 RWA FOR OPERATIONAL RISK 29,389,345 30,542,658 28,964,906 30,209,634 Ratio Tier 2 (%) 1.11 1.10 1.25 1.25 TOTAL RWA 180,019,595 183,980,025 202,995,656 207,047,452 Ratio KPMM (%) 21.39 22.09 18.79 19.39 CAPITAL ADEQUACY RATIO (CAR) ACCORDING TO RISK PROFILE (%) 9.90 9.90 9.90 9.90 CET1 FOR BUFFER (%) 11.49 12.19 8.89 9.49
CAR ALLOCATION
From CET1 (%) 8.79 8.80 8.65 8.65 Capital Conservation Buffer (%) - - 2.50 2.50 From AT1 (%) - - - - Countercyclical Buffer (%) - - - - From Tier 2 (%) 1.11 1.10 1.25 1.25 Capital Surcharge for Systemic Bank (%) 1.00 1.00 1.00 1.00
PERCENTAGE OF BUFFER MANDATORY FILLED BY THE BANK (%)
2021 2020
DESCRIPTION 2021 2020
Total Capital
CALCULATION OF CAPITAL ADEQUACY RATIO (CAR) 31 March 2021 and 2020
(in million Rupiah, except for ratios in percentage)
ACCOUNTS 2021 2020
Core Capital (Tier 1)
Supplementary Capital (Tier 2) NO.
CONSOLIDATED FINANCIAL STATEMENTS AND OTHER FINANCIAL INFORMATION
(in million Rupiah)
I. RELATED PARTIES
1. Interbank placement
a. Rupiah - - - - - - - - - - - - b. Foreign currency - - - - - - - - - - - - 2. Spot and derivative/forward receivables
a. Rupiah - - - - - - - - - - - - b. Foreign currency - - - - - - - - - - - - 3. Marketable securities
a. Rupiah - - - - - - - - - - - - b. Foreign currency - - - - - - - - - - - - 4. Securities sold under repurchase agreements (repo)
a. Rupiah - - - - - - - - - - - - b. Foreign currency - - - - - - - - - - - - 5. Receivables on securities purchased under
resale agreement (reverse repo)
a. Rupiah - - - - - - - - - - - - b. Foreign currency - - - - - - - - - - - - 6. Acceptance receivables - - - - - - - - - - - -
7. Loans
a. Micro, Small and Medium Enterprises (UMKM)*
i. Rupiah - - - - - - - - - - - - ii. Foreign currency - - - - - - - - - - - - b. Non Micro, Small and Medium Enterprises (UMKM)*
i. Rupiah 391,268 - - - - 391,268 556,664 - - - - 556,664 ii. Foreign currency - - - - - - - - - - - - c. Restructured loans
i. Rupiah - - - - - - - - - - - - ii. Foreign currency - - - - - - - - - - - - 8. Investment 1,078,321 - - - - 1,078,321 1,078,321 - - - - 1,078,321 9. Other receivable - - - - - - - - - - - -
10. Commitments and contingencies
a. Rupiah - - - - - - - - - - - - b. Foreign currency - - - - - - - - - - - -
II. NON-RELATED PARTIES
1. Interbank placement
a. Rupiah 1,242,425 - - - - 1,242,425 107,180 - - - - 107,180 b. Foreign currency 2,692,056 - - - 8,218 2,700,274 3,756,160 - - - 11,437 3,767,597 2. Spot and derivative/forward receivables
a. Rupiah 1,178,980 - - - - 1,178,980 2,531,664 - - - - 2,531,664 b. Foreign currency 356,077 - - - - 356,077 144,960 - - - - 144,960 3. Marketable securities
a. Rupiah 52,579,564 - - - 15,000 52,594,564 28,797,433 - - - 15,000 28,812,433 b. Foreign currency 4,833,541 - - - - 4,833,541 5,865,899 - - - - 5,865,899 4. Securities sold under repurchase agreement (repo)
a. Rupiah 4,976,103 - - - - 4,976,103 1,388,043 - - - - 1,388,043 b. Foreign currency - - - - - - - - - - - - 5. Receivables on securities purchased under
resell agreement (reverse repo)
a. Rupiah 3,046,212 - - - - 3,046,212 2,559,240 - - - - 2,559,240 b. Foreign currency - - - - - - - - - - - - 6. Acceptance receivables 2,980,290 - - - - 2,980,290 3,156,476 153,147 - - - 3,309,623
7. Loans
a. Micro, Small and Medium Enterprises (UMKM)* - - - - -
i. Rupiah 19,498,484 475,514 36,314 198,653 504,238 20,713,203 20,047,206 1,374,780 42,629 80,937 656,882 22,202,434 ii. Foreign currency 115,468 18,389 - - - 133,857 253,910 3,882 - - - 257,792 b. Non Micro, Small and Medium Enterprises (UMKM)*
i. Rupiah 117,362,089 6,378,963 681,316 412,844 2,445,314 127,280,526 131,422,970 8,094,732 265,066 620,490 2,758,917 143,162,175 ii. Foreign currency 16,398,350 3,267,168 - - 2,169,623 21,835,141 18,387,979 5,418,471 - 197,815 1,131,549 25,135,814 c. Restructured loans
i. Rupiah 22,448,502 4,613,545 521,716 425,572 976,233 28,985,568 2,946,317 527,581 33,137 39,686 1,037,755 4,584,476 ii. Foreign currency 1,712,755 3,277,758 - - 1,043,160 6,033,673 579,760 229,124 - - 1,106,502 1,915,386 8. Investment 3,489 - 425 - 300 4,214 3,489 - 425 - 300 4,214 9. Other receivable 1,021,435 - - - 429,499 1,450,934 1,360,874 - - - - 1,360,874 10. Commitments and contingencies
a. Rupiah 73,505,895 66,154 750 2,004 - 73,574,803 63,616,013 565,833 - - - 64,181,846 b. Foreign currency 14,362,434 44,214 - - - 14,406,648 21,604,817 78,595 - - - 21,683,412
III. OTHER INFORMATION
- 1. Assets pledged as collateral
a. To Bank Indonesia - -
b. To other parties - -
2. Foreclosed assets 245,331 19,508
* point a and b include propety loans and/or restructured loans
TOTAL Pass Special Mention Substandard Doubtful Loss TOTAL
EARNING ASSETS QUALITY AND OTHER INFORMATIONS 31 March 2021 and 2020
2021 BANK CIMB NIAGA 2020
ACCOUNTS No.
Pass Special Mention Substandard Doubtful Loss
CONSOLIDATED FINANCIAL STATEMENTS AND OTHER FINANCIAL INFORMATION
(in million Rupiah)
A. Cash flows from operating activities:
Receipts of interest, fees and commissions 4,890,534 5,544,438 5,043,568 5,717,369 Payments of interests, fees and commissions (1,709,653) (2,023,194) (1,886,660) (2,022,571) Other operating income 73,475 100,989 84,348 111,085 Gains on foreign exchange and derivative - net 60,226 (1,183,255) 60,226 (1,183,255) Other operating expenses (2,205,374) (1,865,361) (2,295,561) (1,941,069) Non operating income - net 139,837 (1,375,889) 142,485 (1,320,305) Cash flow before changes in operating assets and liabilities 1,249,045 (802,272) 1,148,406 (638,746) Changes in assets and liabilities:
Decrease/(increase) in assets:
- Marketable securities and government bonds
measured at fair value through profit and loss (1,308,466) 314,748 (1,308,490) 171,743 - Securities purchase under resale agreement (740,689) (2,036,383) (740,689) (2,036,383)
- Loans 1,099,984 (453,988) 998,618 (518,229)
- Acceptance receivables (763,628) 457,448 (763,628) 457,448 - Consumer financing receivables and finance leases - - (172,305) (138,625) - Other assets and prepaid expenses (189,684) 251,382 (200,987) 82,728 Increase/(decrease) in liabilities:
- Deposits from customers (7,456,255) 6,949,377 (7,458,339) 6,962,822 - Deposits from other banks 834,119 1,823,516 834,119 1,823,516 - Securities sold under repurchase agreement (3,741,329) (9,135,676) (3,741,329) (9,135,676) - Acceptance payables 826,534 (457,448) 826,534 (457,448) - Taxes payable 91,550 30,482 112,596 34,145 - Obligations due immediately, accruals and other
liabilities and employee benefit obligations 1,159,609 1,812,627 1,348,993 1,902,844 Income tax paid during the period (298,116) (336,445) (319,040) (353,519) Net cash provided from/(used in) (9,237,326) (1,582,632) (9,435,541) (1,843,380)
operating activities
B. Cash flows from investing activities:
Purchase of fair value through other comprehensive income and amortised cost marketable securities
and government bonds (9,300,581) (7,081,734) (9,300,583) (7,081,734) Sale of fair value through other comprehensive income and
amortised cost marketable securities and government bonds 13,140,014 4,018,768 13,140,014 4,018,768 Proceeds from sale of fixed asset 1,168 604 1,168 637 Purchase of fixed asset - (87,281) (6,594) (88,460) Purchase of intangible asset (183,677) (50,540) (183,724) (50,540) Net cash (used in)/provided from investing activities 3,656,924 (3,200,183) 3,650,281 (3,201,329) C. Cash flows from financing activities:
Addition of borrowing - - 370,000 751,237 Marketable securities issued - 1,000,000 - 1,000,000 Payment of interest and borrowings - (1,720,894) (211,268) (2,075,535) Payment of principle and interest from bonds
and marketable securities issued (135,339) (198,299) (135,339) (198,299) Net cash (used in)/provided from financing activities (135,339) (919,193) 23,393 (522,597) Effects on exchange rate differences in cash and cash equivalent 191,344 2,124,158 191,344 2,124,158 Net decrease in cash and cash equivalent (5,524,397) (3,577,850) (5,570,523) (3,443,148) Cash and cash equivalent at the beginning of the period 27,935,655 32,432,980 28,038,913 32,458,388 Cash and cash equivalent at the end of the period 22,411,258 28,855,130 22,468,390 29,015,240
Cash and cash equivalent consist of:
Cash 3,307,808 5,289,664 3,308,815 5,290,790
Current accounts with Bank Indonesia 4,095,452 6,370,590 4,095,452 6,370,590 Current accounts with other banks 2,781,570 2,154,486 2,837,695 2,313,470 Interbank placement and placement in Bank Indonesia
- mature within three months or less
since acquisition date 11,721,322 14,775,749 11,721,322 14,775,749 Bank Indonesia certificates
- mature within three months or less
since acquisition date 505,106 264,641 505,106 264,641 Total cash and cash equivalents 22,411,258 28,855,130 22,468,390 29,015,240
Supplemental cash flows information:
Activities not affecting cash flows - - - -
2021 2020 2021 2020
No. ACCOUNTS
STATEMENTS OF CASH FLOWS For the period ended 31 March 2021 and 2020
BANK CIMB NIAGA CONSOLIDATED
CONSOLIDATED FINANCIAL STATEMENTS AND OTHER FINANCIAL INFORMATIONS
Stage 1 Stage 2 Stage 3 General Specific Stage 1 Stage 2 Stage 3 General Specific
1. Placement with other banks 123 - 8,218 39,345 8,218 20,473 - 11,437 38,633 11,437 2. Spot and derivatives receivables - - - 15,351 - - - - 26,766 - 3. Marketable securities 1,189 - 15,000 69,847 15,000 736 - 15,000 98,121 15,000 4. Securities sold under repurchase agreement (repo) - - - 49,761 - - - - 13,880 - 5. Receivable on securities purchased under resale agreement (reverse repo) - - - 30,462 - - - - 25,592 - 6. Acceptance receivables 105,937 75,333 12,727 29,315 - - - - 31,565 7,657 7. Loans and financing 2,825,889 3,794,644 5,958,075 1,503,760 4,827,686 2,428,748 4,267,006 3,564,877 1,706,687 4,906,453 8. Investments - - 555 10,818 364 - - 555 10,818 364 9. Other receivable - - 429,499 10,214 429,499 - - - 13,609 - 10. Commitments and contingencies 199,759 135,406 43,605 63,161 6,633 884,141 213,021 - 75,798 32,221
ALLOWANCES FOR IMPAIRMENT LOSSES 31 March 2021 and 2020
No. Description
2021 2020
Allowance for Impairment Losses
Required Allowance for Impairment Losses on
Earning Assets
Allowance for Impairment Losses
Required Allowance for Impairment Losses on
Earning Assets
CONSOLIDATED FINANCIAL STATEMENTS AND OTHER FINANCIAL INFORMATIONS
PROFITABILITY RATIO Consolidated
1. Capital Adequacy Ratio (CAR) 22.09% 19.39%
2. Non-Performing Earning Assets and Non-Performing Non-Earning Assets
to Total Earning Assets and Non-Earning Assets 2.07% 1.89%
3. Non-Performing Earning Assets to Total Earning Assets 2.80% 1.89%
4. Allowance for Impairment Losses of Financial Assets to Total Earning Assets 5.51% 3.61%
5. Gross NPL 3.81% 3.03%
6. Net NPL 1.50% 1.56%
7. Return on Asset (ROA) 1.93% 2.10%
8. Return on Equity (ROE) 10.46% 11.25%
9. Net Interest Margin (NIM) 5.12% 5.02%
10. Operating Expenses to Operating Revenues 81.01% 81.72%
11. Cost to Income Ratio (CIR) 44.03% 47.78%
12. Loan to Deposit Ratio (LDR) 85.33% 94.30%
Bank CIMB Niaga
1. Capital Adequacy Ratio (CAR) 21.39% 18.79%
2. Non-Performing Earning Assets and Non-Performing Non-Earning Assets
to Total Earning Assets and Non-Earning Assets 2.06% 1.90%
3. Non-Performing Productive Assets to Total Productive Assets 2.80% 1.90%
4. Allowance for Impairment Losses of Financial Assets to Total Earning Assets 5.52% 3.62%
5. Gross NPL 3.85% 3.06%
6. Net NPL 1.52% 1.58%
7. Return on Asset (ROA) 1.85% 1.99%
8. Return on Equity (ROE) 10.53% 11.22%
9. Net Interest Margin (NIM) 4.99% 4.89%
10. Operating Expenses to Operating Revenues 81.41% 81.65%
11. Cost to Income Ratio (CIR) 43.68% 48.70%
12. Loan to Deposit Ratio (LDR) 83.69% 92.67%
COMPLIANCE-Bank CIMB Niaga
1. a. Percentage Violation of Legal Lending Limit
i. Related Parties - - ii. Non Related Parties - - b. Percentage Lending in Excess of Legal Lending Limit
i. Related Parties - - ii. Non Related Parties - - 2. Statutory Reserve*
a. Primary Statutory Reserve (Rupiah)
- Daily 1.31% 2.83%
- Average 3.04% 5.53%
b. Primary Statutory Reserve (Foreign currency) 4.07% 4.43%
3. Overall Net Open Position (NOP) ** 2.20% 2.56%
*
** The calculation of NOP including statement of financial position's accounts and administrative accounts.
FINANCIAL RATIOS 31 March 2021 and 2020
No. ACCOUNTS 2021 2020
As at 31 March 2021, Bank CIMB Niaga’s Minimum Statutory Reserves complies with Bank Indonesia Regulation No. 22/10/PBI/2020 regarding
Minimum Statutory Reserves in Rupiah and Foreign Currencies for Conventional Commercial Banks, Sharia Commercial Banks, and Sharia Business
Unit dated 28 July 2020 and Governor Members Regulation No 22/19/PADG/2020 dated 29 July 2020 regarding the sixth Amendment of Governor
Members Regulation No. 20/10/PADG/2018 regarding Minimum Statutory Reserves in Rupiah and Foreign Currencies for Conventional Commercial
Banks, Sharia Commercial Banks, and Sharia Business Unit, and Press Conference BI No. 22/30/DKOM which effective since 1 August 2020.
CONSOLIDATED FINANCIAL STATEMENTS AND OTHER FINANCIAL INFORMATION
(in million Rupiah)
I. COMMITMENT RECEIVABLES
1. Unused borrowing facility 1,100,000 - 1,100,000 - 2. Outstanding spot and derivatives/forward (purchased) 49,197,634 48,679,033 49,197,634 48,679,033 3. Others - - - - II. COMMITMENT LIABILITIES
1. Undisbursed loan/financing facilities to debtors
i. Committed 13,381,428 12,398,439 13,381,428 12,398,439 ii. Uncommitted 68,196,919 61,139,338 68,196,919 61,139,338 2. Outstanding irrevocable L/C 2,368,820 2,812,599 2,368,820 2,812,599 3. Outstanding spot and derivatives/forward (sold) 68,439,667 68,559,205 68,439,667 68,559,205 4. Others 5,276 4,290 5,276 4,290 III. CONTINGENT RECEIVABLES
1. Received guarantees 216,922 213,904 216,922 213,904 2. Accrued interest 648,502 496,331 648,502 496,331 3. Others - - - - IV. CONTINGENT LIABILITIES
1. Issued guarantees 4,034,284 4,082,323 4,034,284 4,082,323 2. Others - - - -
COMMITMENTS AND CONTINGENCIES 31 March 2021 and 31 December 2020
BANK CIMB NIAGA CONSOLIDATED
No. ACCOUNTS 31 March 2021 31 December 2020 31 March 2021 31 December 2020
CONSOLIDATED FINANCIAL STATEMENTS AND OTHER FINANCIAL INFORMATION
(in million Rupiah)
Hedging Trading Receivables Payables
A. Exchange Rate Related
1. Spot 4,142,283 - 4,142,283 192,710 1,403 2. Forward 10,110,404 - 10,110,404 79,176 16,124 3. Option
a. Sell - - - - - b. Purchased 17,502,842 - 17,502,842 211,563 285,562 4. Future - - - - - 5. Swap 21,692,051 - 21,692,051 69,559 44,970 6. Other - - - - - B. Interest Rate Related
1. Forward - - - - - 2. Option
a. Sell - - - - - b. Purchased - - - - - 3. Future 18,882,500 - 18,882,500 9,396 20,203 4. Swap 34,826,826 2,433,998 32,392,828 972,653 322,719 5. Other - - - - - C. Others - - - - -
TOTAL 107,156,906 2,433,998 104,722,908 1,535,057 690,981 SPOT AND DERIVATIVE TRANSACTIONS
31 March 2021
Purposes Derivative Receivables and Payables Notional Amount
BANK CIMB NIAGA TRANSACTIONS
No.
CONSOLIDATED FINANCIAL STATEMENTS AND OTHER FINANCIAL INFORMATIONS
Corporate Retail
Loans Loans Housing Loans Non Housing Loans
Prime Lending Rate 9.25% 9.75% 7.50% 9.00%
Notes:
a.
b.
c.
Prime Lending Rate (PLR) is used as the basis in determining lending rate to customer by the Bank. PLR does not take into account the estimated risk premium component which depends on the estimated Bank's assessment towards the risk of each debtor/debtor's group by considering the debtor's financial condition, prospect of loan repayment, prospect of debtor's industry and loan tenor. Thus, the interest rate charged to the debtor may not be the same as PLR.
Consumer loans of non housing loans does not include the lending of funds through credit cards and loans without collateral ( Kredit Tanpa Agunan / KTA) .
PLR information at any time can be seen in publications in any office of the Bank and/or website (www.cimbniaga.co.id).
Based on Business Segments
Consumer Loans Prime Lending Rate
(% per period)
31 March 2021
CONSOLIDATED FINANCIAL STATEMENTS AND OTHER FINANCIAL INFORMATIONS
Board of Commisioners Ultimate Shareholders
i
President Commissioner : Didi Syafruddin Yahya
i
Vice President Commissioner : Glenn Muhammad Surya Yusuf CIMB Group Holdings Berhad, Malaysia
i
Independent Commissioner : Sri Widowati (through CIMB Group Sdn Bhd, Malaysia) 91.48%
i
Independent Commissioner : Jeffrey Kairupan
i
Commissioner : David Richard Thomas Non ultimate shareholders through capital market (> 5 %)
Nili
Commissioner : Dato’ Abdul Rahman Ahmad *)
Non ultimate shareholders not through capital market (> 5 %)
Nil*)
Ultimate Shareholder PT Bank CIMB Niaga Tbk Shareholders of CIMB Group Holdings Berhad, Malaysia:
Directors ·
Khazanah Nasional Berhad, Malaysia 27.20%
i
President Director : Tigor M. Siahaan ·
Employee Provident Fund, Malaysia 16.00%
i
Director : Lee Kai Kwong ·
Others and public 56.80%
i
Director : Vera Handajani
i
Director : John Simon
i
Director : Lani Darmawan
i
Director : Pandji Pratama Djajanegara
i
Director : Tjioe Mei Tjuen
i
Compliance Director : Fransiska Oei
Notes:
1
2 a.
b.
c.
d.
e.
3
4 5
Jakarta, 29 April 2021
Lee Kai Kwong Tigor M. Siahaan
Director President Director
BOARD OF COMMISIONERS AND DIRECTORS SHAREHOLDERS
The consolidated financial statements includes the financial statements of the Subsidiaries, PT CIMB Niaga Auto Finance and PT CIMB Niaga Sekuritas.
Exchange rate as of 31 March 2021: 1 USD = Rp 14,525.0 ; as of 31 December 2020: 1 USD = Rp 14,050.0 and as of 31 March 2020: 1 USD = Rp 16,310.0
Financial Services Authority (FSA) regulation No.34/POJK.03/2016 dated 22 September 2016 concerning amandment of POJK No.11/POJK.03/2016 concerning "Minimum Capital Adequacy Requirement for Commercial Banks".
Capital Market Supervisory Agency & Financial Institution (Bapepam LK, which its function has been transferred to the Financial Services Authority (FSA) effective since 1 January 2013) regulation No.X.K.2 Attachment of Decision of Chairman of Bapepam-LK Decree No.KEP-346/BL/2011 dated 5 July 2011 concerning "Submission of Periodical Financial Report of Issuers or Public Companies".
Bapepam-LK regulation No. VIII.G.7. which is an Attachment of Decision of Chairman of Bapepam-LK No. Kep-347/BL/2012 concerning "Presentation and Disclosure of Financial Statements of Issuers or Public Companies"
replacing Chairman of Bapepam-LK's Decree No. KEP-554/BL/2010 dated 30 December 2010 concerning "Change of Decision of Chairman of Bapepam No. KEP-06/PM/2000 dated 13 March 2000 regarding Guidelines for Presentation of Financial Statements".
Basic earnings per share is calculated by dividing net income available to shareholders with the weighted average of ordinary shares outstanding during the year. The weighted average of ordinary shares outstanding is calculated based on the number of ordinary shares outstanding at the position at the end of each month in accordance with data from the Securities Administration Bureau. For the period ended 31 March 2021 and 2020, the calculation of the weighted average of ordinary shares outstanding has considered the number of treasury shares.
Effective after obtaining the approval from OJK and/or after the fulfillment of requirement stated in the respective OJK approval
