STATEMENT OF FINANCIAL POSITION PT BANK MANDIRI (PERSERO) Tbk. As of 31 March 2018 and 2017

Transcription

1 NO. ASSETS 31 March December March December 2017 (Audited) (Audited) 1. Cash 19,107,615 22,005,487 21,029,428 24,268, Placements with Bank Indonesia 88,466,577 91,099, ,427, ,624, Placements with other banks 25,887,115 28,476,346 28,515,178 32,547, Spot and derivative receivables 444, , , , Securities a. Fair value through profit/loss 6,396,335 3,091,949 30,513,484 28,067,412 b. Available for sale 106,081, ,816, ,854, ,594,590 c. Held to maturity ***) 7,375,874 6,278,495 23,626,117 19,554,151 d. Loans and receivables 6. Securities sold under repurchase agreements (Repo ) 4,561,178 4,187,398 4,561,178 4,187, Securities purchased under resale agreements (Reverse Repo ) 3,219,355 2,329,116 4,060,617 2,629, Acceptances receivables 11,006,593 12,463,241 11,145,650 12,544, Loans a. Fair value through profit/loss b. Available for sale c. Held to maturity d. Loans and receivables 614,632, ,257, ,116, ,037, Consumer financing receivables ,007,221 15,145, Sharia financing 12. Investments in shares 7,542,883 7,542, , , Policy holder's investment in Unit Link Contract 14. Allowance for impairment on financial assets -/- a. Securities (61,008) (42,609) (86,785) (67,521) b. Loans (29,538,097) (31,754,535) (31,722,141) (34,115,971) c. Others (1,736,878) (1,698,570) (1,711,848) (1,683,874) 15. Intangible assets 4,339,000 4,325,327 5,145,347 5,102,247 Accumulated amortisation for intangible assets -/- (2,556,774) (2,458,868) (2,810,495) (2,700,780) 16. Premises and equipment 44,177,130 44,067,921 47,168,684 46,991,375 Accumulated depreciation for premises and equipment -/- (8,942,305) (8,667,610) (10,704,203) (10,372,622) 17. Non earning assets a. Abandoned properties 108, , , ,749 b. Repossessed assets 300, , , ,719 c. Suspense account 3,374,732 1,227,623 3,374,732 1,227,623 d. Inter office assets STATEMENT OF FINANCIAL POSITION PT BANK MANDIRI (PERSERO) Tbk. CONSOLIDATED i. Operational activities conducted in Indonesia (21,536,536) (21,216,377) (21,536,536) (21,216,377) ii. Operational activities conducted outside Indonesia 21,715,990 21,273,936 21,715,990 21,273, Allowance for impairment on non financial assets -/- (320,645) (320,234) (321,584) (321,173) 19. Lease Financing - - 2,894,774 2,364, Deferred tax assets 5,095,970 4,969,726 5,634,239 5,564, Other assets 36,476,949 38,289,056 43,030,880 45,249,136 TOTAL ASSETS 945,619, ,377,431 1,098,158,355 1,124,700,847

2 NO. LIABILITIES AND EQUITY LIABILITIES CONSOLIDATED 31 March December March December 2017 (Audited) (Audited) (Audited) (Audited) 1. Demand deposits **) 177,199, ,247, ,245, ,390, Savings deposits **) 276,884, ,668, ,935, ,912, Time deposits **) 222,579, ,860, ,106, ,503, Investment fund - revenue sharing 5. Fund from Bank Indonesia 6. Fund from other banks **) 19,522,739 7,974,778 20,706,282 8,794, Spot and derivative liabilities 949, , , , Securities sold under repurchase agreements (Repo ) 3,911,901 3,592,883 3,911,901 3,592, Acceptances liabilities 11,006,593 12,463,241 11,145,650 12,544, Securities issued 10,821,627 10,803,875 16,810,975 16,776, Fund borrowings 32,029,556 27,337,015 41,683,363 35,895, Margin deposits received 1,138,154 1,416,164 1,138,154 1,416, Inter office liabilities STATEMENT OF FINANCIAL POSITION PT BANK MANDIRI (PERSERO) Tbk. a. Operational activities conducted in Indonesia b. Operational activities conducted outside Indonesia 14. Deferred tax liabilities 15. Liability to Unit Link Holders ,522,363 23,254, Other liabilities 34,319,254 25,132,130 45,801,568 36,336, Investment fund - profit sharing TOTAL LIABILITIES 790,362, ,756, ,958, ,694,715 EQUITY 18. Share capital a. Authorised capital 16,000,000 16,000,000 16,000,000 16,000,000 b. Unpaid-in capital-/- (4,333,333) (4,333,333) (4,333,333) (4,333,333) c. Treasury stock -/ Additional Paid-in Capital a. Agio 17,476,308 17,476,308 17,316,192 17,316,192 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 340 1, , ,523 b. Gain (Losses) from changes of financial assets on available for sale (223,972) 1,220,938 (64,021) 1,402,359 c. Effective cash flow hedges - - (15,361) (10,643) d. Premises and equipment revaluation increment 25,322,628 25,322,628 25,666,632 25,666,631 e. Other comprehensive income from entity associations f. Remeasurement from actuarial benefit program (614,751) (614,751) (619,330) (619,004) g. Income tax related to other comprehensive income 261,906 (30,026) 176,443 (124,403) h. Others 21. Difference arising from quasi reorganisation 22. Difference arising from restructuring value of transaction of entities under common control 23. Other equity - - (106,001) (106,001) 24, Reserve a. General reserve 2,333,333 2,333,333 2,333,333 2,333,333 b. Appropriated reserve ****) 25. Retained Earning a. Previous years *) 92,956,347 82,233,488 99,736,332 88,384,506 b. Current year 6,077,811 20,010,716 5,859,881 20,639,683 TOTAL EQUITY ATTRIBUTABLE TO OWNER 155,256, ,621, ,127, ,718, Non controlling interest - - 3,071,803 3,287,289 TOTAL EQUITY 155,256, ,621, ,199, ,006,132 TOTAL LIABILITIES AND EQUITY 945,619, ,377,431 1,098,158,355 1,124,700,847 * ) Accumulated losses of Rp162,874,901 million has been eliminated against additional paid-in capital/agio through quasi-reorganisation on April 30, **) 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.

3 NO. STATEMENTS OF INCOME AND OTHER COMPREHENSIVE PT BANK MANDIRI (PERSERO) Tbk. For the Years Ended 31 March 2018 and 2017 (Direviu) CONSOLIDATED 31 March March March March 2017 OPERATING INCOME AND EXPENSES A. Interest and Sharia Income, Interest and Sharia Expenses, and Premium Income and Claim Expenses 1. Interest and Sharia Income 15,991,146 16,815,123 19,174,484 19,443,040 a. Rupiah 14,462,949 15,210,160 17,573,637 17,761,995 b. Foreign currencies 1,528,197 1,604,963 1,600,847 1,681, Interest and Sharia Expenses 4,766,661 5,670,310 5,950,532 6,626,842 a. Rupiah 4,355,477 4,979,673 5,532,186 5,931,376 b. Foreign currencies 411, , , ,466 Net Interest Income and Sharia Income (Expenses) 11,224,485 11,144,813 13,223,952 12,816, Premium Income - - 2,690,730 2,518, Claim Expense - - 1,986,896 1,905,200 Net Premium Income (Claim Expenses) , ,567 Net Interest and Sharia Income (Expenses), and Net Premium Income (Claim Expenses) 11,224,485 11,144,813 13,927,786 13,429,765 B. Other Operating Income and Expenses 1. Other Operating Income 5,926,676 5,561,708 6,224,836 5,727,834 a. Increase in fair value of financial assets i. Securities 25,174 5,872-71,760 ii. Loans iii. Spot and derivative 584, , , ,562 iv. Other financial assets b. Decrease in fair value of financial liabilities c. Gain from sale of financial assets i. Securities 591, , , ,056 ii. Loans iii. Other financial assets d. Gain from spot and derivative transaction (realised) 45,028 41,211 61,225 51,656 e. Dividend 676, , f. Gain from investment in shares with equity method g. Comissions/provisions/fees and administrative 2,641,758 2,737,344 3,042,876 3,005,853 h. Recovery on allowance for impairment 149, , , ,862 i. Other income 1,212, ,437 1,782,896 1,339, Other Operating Expenses 9,700,951 11,332,215 12,441,237 13,737,016 a. Decrease in fair value of financial assets i. Securities ,299 - 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 12,937-13,790 - ii. Loans 3,268,635 5,199,979 3,732,212 5,638,564 iii. Sharia financing iv. Other financial assets 24,285-13, ,425 f. Losses related to operational risk 16,324 4,753 16,324 4,753 g. Losses from investment in shares under equity method h. Comissions/provisions/fees and administrative 135, , , ,762 i. Impairment on non financial assets 2,270 12, , ,484 j. Salaries and employee benefits 2,783,008 2,635,025 3,678,506 3,429,455 k. Promotion expenses 136, , , ,236 l. Other expenses 3,321,335 3,158,385 4,425,678 4,086,337 Other Operating Income (Expenses) (3,774,275) (5,770,507) (6,216,401) (8,009,182) PROFIT (LOSS) FROM OPERATIONS 7,450,210 5,374,306 7,711,385 5,420,583 NON OPERATING INCOME AND EXPENSES 1. Gain (Losses) from sale of premises and equipment , Gain (Losses) from foreign currencies translation 3. Other non operating income (expenses) (412) (1,353) (29,702) (24,055) PROFIT FROM NON OPERATING (338) (1,084) (27,189) (23,787) PROFIT CURRENT YEAR BEFORE TAX 7,449,872 5,373,222 7,684,196 5,396,796 Income tax expenses a. Estimated current tax (1,206,371) (796,721) (1,376,292) (937,248) b. Deffered tax income (expenses) (165,690) (155,816) (232,296) (182,053) PROFIT CURRENT YEAR 6,077,811 4,420,685 6,075,608 4,277,495 OTHER COMPREHENSIVE INCOME 1. Unreclassified to profit (loss) a. Premises and equipment revaluation increment b. Remeasurement from actuarial benefit program - - (148) (4,163) c. Other comprehensive income from entity associations d. Others e. Income tax related to other comprehensive income , Reclassified to profit (loss) a. Adjustment arising from translation of financial statement (1,451) (38,439) 8,028 (44,414) b. Gain (Losses) from changes of financial assets on available for sale (1,444,912) 1,235,256 (1,475,185) 1,292,221 c. Effective cash flow hedges - - (7,459) - d. Others e. Income tax related to other comprehensive income 291,934 (239,203) 300,052 (251,771) Other comprehensive income current year after income tax - net (1,154,429) 957,614 (1,174,675) 992,914 TOTAL OTHER COMPREHENSIVE INCOME CURRENT YEAR 4,923,382 5,378,299 4,900,933 5,270,409 Income current year atributtable to : Parent Company 6,077,811 4,420,685 5,859,881 4,078,983 Non controlling interest , ,512 TOTAL INCOME CURRENT YEAR 6,077,811 4,420,685 6,075,608 4,277,495 Total other comprehensive income current year atributtable to : Parent Company (1,154,429) 957,614 (1,163,309) 975,133 Non controlling interest - - (11,366) 17,781 TOTAL OTHER COMPREHENSIVE INCOME CURRENT YEAR (1,154,429) 957,614 (1,174,675) 992,914 Total comprehensive income current year atributtable to : Parent Company 4,923,382 5,378,299 4,696,572 5,054,116 Non controlling interest , ,293 TOTAL COMPREHENSIVE INCOME CURRENT YEAR 4,923,382 5,378,299 4,900,933 5,270,409 TRANSFER INCOME (LOSSES) TO HEAD OFFICE DIVIDEND EARNING PER SHARE *) *) Earnings per share for the Periods ended March 31, 2017 are recalculated by using the weighted average number of shares outstanding after the effective stock split since September 13, 2017.

4 NO. STATEMENTS OF COMMITMENTS AND CONTIGENCIES PT BANK MANDIRI (PERSERO) Tbk. CONSOLIDATED 31 March December March December 2017 (Audited) (Audited) I. COMMITMENT RECEIVABLES 1. Unused fund borrowings facilities a. Rupiah b. Foreign currencies 2. Outstanding purchase position on spot and derivative 205,896, ,087, ,344, ,087, Others II. III. IV. COMMITMENT PAYABLES 1. Unused loan facilities granted to customer a. BUMN i. Committed - Rupiah 7,021,715 5,179,279 7,021,715 5,179,279 - Foreign currencies 5,490,358 5,493,243 5,490,358 5,493,243 ii. Uncommitted - Rupiah 24,446,220 23,569,963 24,446,220 23,569,963 - Foreign currencies 2,427,811 2,504,677 2,427,811 2,504,677 b. Others i. Committed 33,478,716 25,234,399 33,328,716 24,934,399 ii. Uncommitted 78,420,715 81,172,238 78,885,141 81,511, Unused loan facilities granted to other banks a. Committed i. Rupiah 15,650 5,800 15,560 5,800 ii. Foreign currencies b. Uncommitted i. Rupiah 30,000 5,000 30,000 5,000 ii. Foreign currencies 3. Outstanding irrevocable letters of credit a. Foreign L/C 12,603,224 11,599,517 12,741,051 11,664,241 b. Local L/C 3,670,957 4,079,900 3,683,947 4,158, Outstanding sales position on spot and derivative 206,053, ,428, ,478, ,428, Others CONTINGENT RECEIVABLES 1. Guarantees received a. Rupiah 1,704,687 1,913,077 1,706,857 1,913,077 b. Foreign currencies 13,538,948 14,117,380 13,734,832 14,310, Unrecognized interest income a. Interest loan 7,214,703 7,740,154 7,234,621 7,756,514 b. Others interest 51,949 51, , , Others 32,729 32,729 32,729 32,729 CONTINGENT PAYABLES 1. Guarantees issued a. Rupiah 43,967,430 50,558,280 44,681,802 50,602,341 b. Foreign currencies 39,317,180 40,627,817 40,108,235 41,364, Others 629, , , ,302

5 MANAGEMENT OF THE BANK SHAREHOLDER Board of Commissioners - President Commissioner : Hartadi Agus Sarwono - Deputy President Commissioner : Imam Apriyanto Putro Republic of Indonesia : 60.00% - Independent Commissioner : Goei Siauw Hong Non Ultimate Shareholder through Capital Market ( 5%) : Nill - Independent Commissioner : Bangun Sarwito Kusmulyono Non Ultimate Shareholder through non Capital Market ( 5%) : Nill - Independent Commissioner : Makmur Keliat - Commissioner : Askolani - Commissioner : Ardan Adiperdana - Commissioner : R. Widyo Pramono *) Board of Directors - President Director : Kartika Wirjoatmodjo - Deputy President Director : Sulaiman Arif Arianto - Director of Corporate Banking : Royke Tumilaar - Director of Small Business and Network : Hery Gunardi - Director of Risk Management : Ahmad Siddik Badruddin - Director of Information Technology and Operation : Rico Usthavia Frans - Director of Treasury and International Banking : Darmawan Junaidi**) - Director of Institutional Relationship : Alexandra Askandar***) - Director of Compliance : Agus Dwi Handaya***) - Director of Finance : Panji Irawan ***) - Director of Retail Banking : Donsuwan Simatupang***) Kartika Wirjoatmodjo President Director Jakarta, 25 April 2018 S. E & O Board of Directors PT Bank Mandiri (Persero) Tbk. Sulaiman A. Arianto Deputy President Director *) Upon receipt of approval by the the Otoritas Jasa Keuangan of the Fit & Proper Test, the relevant position shall be effective as of January 15, **) Upon receipt of approval by the the Otoritas Jasa Keuangan of the Fit & Proper Test, the relevant position shall be effective as of January 12, ***) Appointed at the Annual General Meeting of Shareholders of Bank Mandiri dated March 21, 2018, the appointment of the Director of Institutional Relationship, Director of Compliance, Director of Finance, amd Director of Retail banking shall be effective after obtaining approval by the Otoritas Jasa Keuangan of the Fit & Proper Test and meet the prevailing regulations. 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 and for the year ended March 31, 2018 and 2017, prepared by the Bank s management in accordance with Indonesian Financial Accounting Standards. The consolidated financial statements of PT Bank Mandiri (Persero) Tbk. (the "Bank") and its subsidiaries as of December 31, 2017 and for the year then ended, prepared by the Bank's management in accordance with Indonesian Financial Accounting Standards, 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, inaccordance with Standards on Auditing established by the Indonesian Institute of Certified Public Accountants, with an unmodified audit opinion, as stated in their report dated January 31, 2018 not included in this publication. Such audit report also containsan Other Matters paragraph, which describe presentation of parent entity financial information. 2) The above published financial statements are presented to comply with Financial Services Authority Regulation No. 32/POJK.03/2016 dated August 8, 2016 regarding Amendment of Financial Services Authority Regulation No. 6/POJK.03/2015 dated March 31, 2015 regarding Transparency and Published Financial Statements of the Bank and Circular Letter of Financial Services Authority No. 43/SEOJK.03/2016 dated September 28, 2016 regarding Transparency and PublishedFinancial 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, ) 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. 4) Appointed at the Extraordinary General Meeting of Shareholders of PT Bank Mandiri (Persero) Tbk. dated August 21, 2017 approved the stock split of PT Bank Mandiri (Persero) Tbk shares from Rp per share to Rp per share. The issued capital increases from 23,333,333,333 shares to 46,666,666,666 shares. The stock split is effective September 13, ) Exchange rate of 1 US Dollar as at March 31, 2018, March 31, 2017 and December 31, 2017 and 2016 were Rp13,767.50, Rp13, dan Rp13, , respectively.

6 No. STATEMENTS OF ASSETS' QUALITY AND OTHER INFORMATION 31 March March 2017 Current Special Mention Sub Standard Doubtful Loss Total Current Special Mention Sub Standard Doubtful Loss Total I. RELATED PARTIES 1. Placements with other banks a. Rupiah b. Foreign currencies 1,074,210 1,074,210 1,495,696 1,495, Spot and derivative receivables a. Rupiah 1,024 1,024 28,562 28,562 b. Foreign currencies 3. Securities a. Rupiah 369, , , ,179 b. Foreign currencies 4. Securities sold with agreement to repurchase (Repo) a. Rupiah b. Foreign currencies 5. Securities purchased with agreement to resell (Reverse Repo) a. Rupiah b. Foreign currencies 6. Acceptances receivables 1,543,159 1,543,159 4,780,239 4,780, Loans a. Micro, small and medium loans (UMKM) 8,282 8,282 12,134 12,134 i. Rupiah 8,282 8,282 12,134 12,134 ii. Foreign currencies b. Non UMKM 23,182,585 2, ,185,085 23,917,089 4, ,922,051 i. Rupiah 14,187,022 2, ,189,522 14,314,499 4, ,319,461 ii. Foreign currencies 8,995,563 8,995,563 9,602,590 9,602,590 c. Restructured loans i. Rupiah ii. Foreign currencies d. Property loans 21,412 21,412 11, , Investments in shares 6,257,645-1,219,127-25,191 7,501,963 5,781, ,227-25,191 6,581, Temporary investment 10. Other Receivable 170, , , ,133 11, Commitments and contingencies a. Rupiah 2,924, ,924,760 2,324, ,325,005 b. Foreign currencies 9,235,228 9,235,228 4,265,130 4,265,130 12, Repossessed assets

7 No. STATEMENTS OF ASSETS' QUALITY AND OTHER INFORMATION 31 March March 2017 Current Special Mention Sub Standard Doubtful Loss Total Current Special Mention Sub Standard Doubtful Loss Total II. THIRD PARTIES 1. Placements with other banks a. Rupiah 11,731,318 11,731,318 12,489,074 12,489,074 b. Foreign currencies 54,734, ,460 54,790,195 60,255, ,647 60,302, Spot and derivative receivables a. Rupiah 437, , , ,180 b. Foreign currencies 5,690 5,690 4,434 4, Securities a. Rupiah 84,085,924 84,085,924 81,325,630 81,325,630 b. Foreign currencies 35,398,506 35,398,506 37,992, ,032 37,996, Securities sold with agreement to repurchase (Repo) a. Rupiah 3,174,421 3,174,421 3,547,478 3,547,478 b. Foreign currencies 1,386,757 1,386, Securities purchased with agreement to resell (Reverse Repo) - - a. Rupiah 3,219,355 3,219,355 2,137,996 2,137,996 b. Foreign currencies Acceptances receivables 9,451,636 11, ,463,434 7,931,020 4, ,595 7,940, Loans a. Micro, small and medium loans (UMKM) 67,637,992 4,582, , ,725 1,402,397 75,303,591 69,402,208 5,567, , ,115 1,579,141 78,196,826 i. Rupiah 67,256,686 4,534, , ,725 1,402,397 74,874,301 68,946,925 5,552, , ,115 1,579,141 77,648,056 ii. Foreign currencies 381,306 47, , ,283 15,396 78, ,770 b. Non UMKM 473,733,591 24,838,877 4,335,096 3,667,531 9,560, ,135, ,334,896 17,673,288 7,665,131 1,753,155 10,494, ,921,464 i. Rupiah 387,186,532 21,117,174 4,266,344 3,667,531 8,623, ,860, ,565,326 15,224,182 6,752,387 1,753,155 8,632, ,927,836 ii. Foreign currencies 86,547,059 3,721,703 68, ,455 91,274,969 73,769,570 2,449, ,744-1,862,208 78,993,628 c. Restructured loans 20,501,901 15,535,099 4,172,811 2,677,597 6,726,730 49,614,138 21,334,394 9,990,280 7,332,150 1,567,603 7,052,274 47,276,701 i. Rupiah 12,379,679 12,033,966 4,104,599 2,677,597 5,966,832 37,162,673 15,567,501 7,720,509 6,363,029 1,567,603 6,142,737 37,361,379 ii. Foreign currencies 8,122,222 3,501,133 68, ,898 12,451,465 5,766,893 2,269, , ,537 9,915,322 d. Property loans 45,123,920 3,445, , , ,743 49,707,103 39,274,223 3,268, , , ,907 43,572, Investments in shares 1,955 1,955 1,955 1, Temporary investment 38, , Other Receivable 22,730,372 73,174 1,002-1,104,100 23,908,648 16,525, , ,071,690 17,748,690 11, Commitments and contingencies a. Rupiah 165,154,240 1,322,915 37,988 73,305 20, ,609, ,071, ,748 70,094 27,861 9, ,136,164 b. Foreign currencies 71,798, ,711 1,069 4,917-72,120,960 64,101, ,670 1,710-2,793 64,425,829 12, Repossessed assets 280, , ,780 19,815 19,815

8 No. STATEMENTS OF ASSETS' QUALITY AND OTHER INFORMATION 31 March March 2017 Current Special Mention Sub Standard Doubtful Loss Total Current Special Mention Sub Standard Doubtful Loss Total III. OTHER INFORMATIONS 1. Value of bank's assets pledge as collateral : a. To Bank Indonesia - - b. To others Total allowance for impairment on financial assets to earning assets 31,335,983 34,322, Total required allowance for possible losses on earning assets 23,418,367 23,210, Percentage of UMKM loans to total loans 12.25% 13.37% 5. Percentage of UMK loans to total loans 6.34% 6.33% 6. Percentage of UMKM debtors to total debtors 51.25% 54.38% 7. Percentage of UMK debtors to total debtors 49.08% 51.86% 8. Others a. Chanelling of loans 280, ,343 b. Mudharabah Muqayyadah financing - - c. Write off on earning assets 5,397,429 3,222,325 d. Recovery of write off on earning assets 965, ,322 e. Write off on earning assets with elimination of right to collect - - ALLOWANCES FOR IMPAIRMENT (in Millions of Rupiah) No. Allowance for Impairment 31 March March 2017 Required Allowance for Possible Losses on Earning Assets Allowance for Impairment Required Allowance for Possible Losses on Earning Assets Individual Collective General Spesific Individual Collective General Spesific 1. Placements with other banks 55, ,317 55,459 46, ,389 46, Spot and derivative receivables - - 4, , Securities 44,743 16, ,101-39,816 8, ,178 4, Securities sold with agreement to repurchase (Repo) - - 7, Securities purchased with agreement to resell (Reverse Repo) 6. Acceptances receivables 112,767 44, , ,082 40, ,113 4, Loans 20,994,112 8,543,985 5,645,625 15,501,760 24,801,977 7,817,581 5,386,663 15,830, Investments in shares 100, ,015 52,203-3, , Temporary invesment 2, Other Receivable 1,328,385 92, ,013 1,107,909 1,305,882 95, ,259 1,079, Commitments and contingencies 160,228 43, ,130 76, ,803 30, ,323 53,860

9 STATEMENTS OF CALCULATION OF CAPITAL ADEQUACY RATIO COMMERCIAL BANK PT Bank Mandiri (Persero) Tbk (in millions of rupiah) COMPONENTS OF CAPITAL 31 March March 2017 Individual Consolidated Individual Consolidated I Core Capital (Tier 1) 141,228, ,028, ,000, ,102,894 1 Common Equity Tier 1 (CET 1) 141,228, ,028, ,000, ,102, Paid-in Capital (net of Treasury Stock ) 11,666,667 11,666,667 11,666,667 11,666, Disclosed Reserves 143,868, ,907, ,279, ,542, Additional Factor 144,299, ,251, ,667, ,931, Other comprehensive income 25,455,609 26,005,902 25,203,611 25,818, Excess differences arising from translation of financial statement 4, ,365 9, , Potential gain of the increase in the fair value of financial assets available for sale 128, , , , Surplus of fixed assets revaluation 25,322,628 25,666,631 24,796,520 25,140, Other disclosed reserves 118,843, ,245, ,463, ,113, Agio 17,476,308 17,316,192 17,476,308 17,316, General reserves 2,333,333 2,333,333 2,333,333 2,333, Previous year profit 92,956,347 99,736,332 82,233,488 88,384, Current year profit 6,077,811 5,859,881 4,420,685 4,078, Funds for paid-in capital Others Deduction Factor (431,097) (344,285) (387,816) (388,755) Other comprehensive income (194,197) (105,553) (148,827) (148,827) Negative differences arising from translation of financial statement (4,574) (4,574) (2,812) (2,812) Potential losses from the decrease in the fair value of financial assets available for sale (189,623) (100,979) (146,015) (146,015) Other disclosed reserves (236,900) (238,732) (238,989) (239,928) Disagio Previous year loss Current year loss Negative difference in allowance for possible losses and allowance for impairment on earning assets Negative difference in adjusment amounts from fair value of financial assets in trading book Required allowance for non earning assets (236,900) (238,732) (238,989) (239,928) Others 1.3 Non controlling interest - 642, , Deduction Factor of CET 1 (14,306,413) (10,187,738) (12,945,483) (9,590,950) Deffered tax calculation (5,095,970) (5,419,899) (5,002,880) (5,294,448) Goodwill - (117,741) - (117,741) Other intangible assets (1,782,226) (1,900,979) (1,381,269) (1,455,590) Investments in share (7,403,217) (2,724,119) (6,536,334) (2,698,171) Shortfall of capital on insurance subsidiaries Securitisation exposure (25,000) (25,000) (25,000) (25,000) Other deduction of CET Placement of funds in instrumen AT 1 and/or Tier 2 to other bank 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 Placement of funds in instrumen AT 1 and/or Tier 2 to other bank Cross-ownership in another entity acquired by the transition due to law, grants, or grants will II Supplemental Capital (Tier 2) 7,458,628 8,271,342 6,958,515 7,652,210 1 Capital Instrument in the form of Stock or others which comply with Tier 2 Requirements 186, , , ,429 2 Agio/Disagio 3 General provison on earning assets (max. 1.25% credit risk - weighted assets) 7,272,070 8,084,784 6,763,086 7,456,781 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 148,687, ,299, ,959, ,755, March March March March 2017 Individual Consolidated Individual Consolidated Individual Consolidated Individual Consolidated RISK WEIGHTED ASSETS KPMM Ratio CREDIT RISK - WEIGHTED ASSETS 581,765, ,782, ,046, ,542,479 CET 1 Ratio (%) 19.89% 19.25% 20.04% 19.43% MARKET RISK - WEIGHTED ASSETS 13,322,033 13,440,039 2,968,393 3,130,005 Tier 1 Ratio (%) 19.89% 19.25% 20.04% 19.43% OPERATIONAL RISK - WEIGHTED ASSETS 115,067, ,852, ,792, ,563,432 Tier 2 Ratio (%) 1.05% 1.04% 1.07% 1.06% TOTAL RISK WEIGHTED ASSETS 710,155, ,075, ,807, ,235,916 KPMM Ratio (%) 20.94% 20.29% 21.11% 20.49% CAR BASED ON RISK PROFILE (%) 9.59% 9.57% 9.52% 9.53% CET 1 FOR BUFFER (%) 11.35% 10.72% 11.59% 10.96% CAPITAL ALLOCATION FOR CAR BASED ON RISK PROFILE PERCENTAGE OF BUFFER MANDATORY FILLED BY BANK(%) From CET 1 (%) 8.54% 8.53% 8.45% 8.47% Capital conservation buffer (%) 1.875% 1.875% 1.250% 1.250%

10 No. TRANSACTION A. Exchange Rate Related STATEMENTS OF SPOT AND DERIVATIVE TRANSACTIONS Notional Amount As of 31 March 2018 Type Derivative Receivables & Payables Trading Hedging Receivables Payables 1 Spot 9,017,741 8,965,224 52,517 6,904 6,940 2 Forward 25,788,304 6,037,388 19,750,916 94, ,462 3 Option a. Written 16, , b. Purchased 3,249, ,249,081 46,436 39,311 4 Future - 5 Swap 127,179, ,774,519 8,404, , ,612 6 Others - B. Interest Rate Related 1 Forward - 2 Option a. Written - b. Purchased - 3 Future - 4 Swap 26,926,171-26,926,171 94,567 41,393 5 Others - C. Others 21,304,517-21,304,517 82,240 63,617 TOTAL 213,481, ,777,131 79,704, , ,351

11 CALCULATION OF FINANCIAL RATIOS (In %) No. RATIOS 31 March March 2017 PERFORMANCE RATIOS 1. Capital Adequacy Ratio (CAR) 20.94% 21.11% 2. Non performing earning assets and non performing non earning assets to total earning assets and non earning assets 2.12% 2.43% 3. Non performing earning assets to total earning assets 2.70% 3.05% 4. Allowance for impairment on financial assets to earning assets 3.67% 4.17% 5. Gross NPL 3.35% 3.95% 6. Net NPL 1.05% 1.16% 7. Return on Asset (ROA) 3.17% 2.38% 8. Return on Equity (ROE) 16.73% 13.40% 9. Net Interest Margin (NIM) 5.61% 5.69% 10. Operating Expenses to Operating Income 66.01% 75.98% 11. Loan to Deposit Ratio (LDR) 90.67% 89.22% 12. Net Stable Funding Ratio (NSFR) a. NSFR Individual % b. NSFR Consolidation 0.00% COMPLIANCE 1. a. Percentage violation of Legal Lending Limit i. Related parties 0.00% 0.00% ii. Third parties 0.00% 0.00% b. Percentage of excess of the Legal Lending Limit i. Related parties 0.00% 0.00% ii. Third parties 0.00% 0.00% 2. Reserve requirement a. Primary reserve requirement Rupiah 6.56% 6.50% b. Reserve requirement Foreign currencies 8.10% 8.23% 3. Net Open Position - Overall 3.21% 1.86%

12 STATEMENTS OF CASH FLOW For the Years Ended 31 March 2018 and 2017 (In millions of Rupiah) CONSOLIDATED 31 March March 2017 (Audited) (Audited) CASH FLOWS FROM OPERATING ACTIVITIES Receipts from interest income 17,186,713 16,956,560 Receipts from sharia income 1,665,142 1,497,420 Receipts from fees, commissions and premium - net 3,736,554 3,609,278 Payments of interest expense (5,386,227) (5,726,471) Payments of sharia expenses (655,133) (612,689) Receipts from the sale of Government Bonds - Fair value through profit or loss 20,428,672 9,825,252 Acquisition of Government Bonds - Fair value through profit or loss (20,723,848) (10,209,389) Foreign exchange loss - net (977,502) (357,013) Other operating income - others 689, ,085 Other operating expenses - others (1,566,114) (1,426,730) Salaries and employee benefits (5,134,602) (4,312,886) General and administrative expenses (3,146,309) (2,921,755) Non operating expenses - net (29,703) (24,055) Payment of corporate income tax (922,443) (953,417) Cash Flow From Operating Activities Before Changes in Operating Assets and Liabilities 5,164,447 5,904,190 Decrease/(increase) in operating assets: Placements with Bank Indonesia and other banks (537,023) (3,770,737) Marketable securities - Fair value through profit or loss (379,448) (1,244,816) Other receivables - trade transactions 1,679,376 (1,690,524) Loans 23,080,040 2,712,905 Sharia financing (1,068,217) (362,718) Securities purchased under resale agreements (1,431,302) 2,745,596 Consumer financing receivable (1,026,699) (106,368) Net investment in lease financing (531,441) (272,237) Prepaid taxes (92,849) (104,377) Prepaid expense (462,827) (407,238) Other assets (1,787,383) (1,747,794) Proceeds from collection of financial assets already written - off 1,119, ,295 Increase/(decrease) in operating liabilities and temporary syirkah funds: Conventional Banking Demand deposits (17,753,446) (11,411,550) Saving deposits (26,475,474) (12,607,876) Time deposits 4,012,023 10,697,091 Inter-bank call money 1,351,284 5,683,445 Obligation due immediately (255,705) 134,990 Liability to unit - linked policyholders (1,731,672) 794,739 Other taxes payable (83,804) 273,741 Other liabilities 2,009,355 2,593,589 Sharia Banking - Temporary Syirkah Funds Demand deposit - restricted investment and demand deposit - mudharabah musytarakah (97,601) 8,571 Saving deposit - restricted investment and mudharabah saving deposit - unrestricted investment 625,922 96,899 Mudharabah time deposit - unrestricted investment 3,730, ,273 Net cash provided by operating activities (10,943,318) (929,911) CASH FLOWS FROM INVESTING ACTIVITIES Increase in marketable securities - other than at fair value through profit or loss (2,461,071) (1,290,779) (Increase)/decrease in Government Bonds - other than at fair value through profit or loss (2,217,326) (1,935,768) Proceeds from sale of fixed assets 4,180 3,589 Acquisition of fixed assets (184,958) (107,344) Acquisition of intangible assets (43,100) (48,275) Net cash used in investing activities (4,902,275) (3,378,577) CASH FLOWS FROM FINANCING ACTIVITIES Increase of investment in Subsidiaries (427,414) (610,507) Increase in marketable securities issued 31, (Decrease)/increase in fund borrowings 5,156,313 (1,044,894) Decrease of Subordinated Loans (4,943) (20,003) Increase/(decrease) in securities sold under repurchase agreements 319,018 (331,429) Payments of dividends - - Net cash provided by/(used in) financing activities 5,074,788 (2,006,756) NET DECREASE IN CASH AND CASH EQUIVALENTS (10,770,805) (6,315,244) EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENT 3,005, ,654 CASH AND CASH EQUIVALENTS AT BEGINNING OF YEAR 158,775, ,560,107 CASH AND CASH EQUIVALENTS AT END OF YEAR 151,010, ,483,517 Cash and cash equivalent at end of year consist of : Cash 21,029,428 21,212,576 Current accounts with Bank Indonesia 53,560,818 53,500,799 Current accounts with other banks 18,253,629 9,164,284 Placements with Bank Indonesia and other banks 56,476,331 67,506,199 Certificate of Bank Indonesia 1,689,932 99,659 Total cash and cash equivalents 151,010, ,483,517