BMRI Bank Mandiri (Persero) Tbk.

COMPANY REPORT : JULY 2014

As of 25 July 2014

Main Board
Industry Sector : Finance (8)
Industry Sub Sector : Bank (81)

1,544.296
Individual Index
:
Listed Shares
:
23,099,999,999
Market Capitalization : 236,774,999,989,750

6 | 236.8T | 4.69% | 33.23%

3 | 47.5T | 5.61% | 17.87%

COMPANY HISTORY
Established Date
: 02-Oct-1998
Listing Date
: 14-Jul-2003
Under Writer IPO :
PT Danareksa Sekuritas
PT ABN AMRO Asia Securities Indonesia
Securities Administration Bureau :
PT Datindo Entrycom
Puri Datindo - Wisma Sudirman
Jln. Jend. Sudirman Kav. 34 - 35, Jakarta 10220
Phone : (021) 570-9009
Fax
: (021) 570-9026
BOARD OF COMMISSIONERS
1. Mahmuddin Yasin *)
2. Abdul Azis
3. Anton Hermanto Gunawan *)
4. Askolani
5. Aviliani *)
6. Krisna Wijaya *)
7. Pradjoto *)
*) Independent Commissioners

SHAREHOLDERS (July 2014)

1. Negara Republik Indonesia
2. Public (<5%)

14,000,000,000 :
9,099,999,999 :

DIVIDEND ANNOUNCEMENT
Bonus
Cash
Year
2003
2003
2004
2005
2005
2006
2007
2008
2009
2010
2010
2011
2012
2013

Shares

Dividend
50.00
115.00
60.00
70.50
14.85
70.02
186.00
88.55
19.26
19.64
120.60
104.97
199.33
234.05

Cum Date
16-Dec-03
11-Jun-04
16-Dec-04
13-Jun-05
14-Jun-06
19-Jun-07
19-Jun-08
26-May-09
02-Dec-09
21-Dec-10
15-Jun-11
15-May-12
26-Apr-13
26-Mar-14

Recording
Date
19-Dec-03
16-Jun-04
21-Dec-04
16-Jun-05
19-Jun-06
22-Jun-07
24-Jun-08
29-May-09
07-Dec-09
27-Dec-10
20-Jun-11
22-May-12
01-May-13
01-Apr-14

Ex Date
17-Dec-03
14-Jun-04
17-Dec-04
14-Jun-05
15-Jun-06
20-Jun-07
20-Jun-08
27-May-09
03-Dec-09
22-Dec-10
16-Jun-11
16-May-12
29-Apr-13
27-Mar-14

60.00%
40.00%

Payment
Date
30-Dec-03
30-Jun-04
30-Dec-04
24-Jun-05
30-Jun-06
29-Jun-07
03-Jul-08
12-Jun-09
22-Dec-09
30-Dec-10
30-Jun-11
05-Jun-12
16-May-13
15-Apr-14

F/I
I
F
I
F
F
F
F
I
I
F
F
F
F

ISSUED HISTORY
BOARD OF DIRECTORS
1. Budi G. Sadikin
2. Abdul Rachman
3. Fransisca N. Mok
4. Hery Gunardi
5. Kresno Sediarsi
6. Ogi Prastomiyono
7. Pahala Nugraha Mansury
8. Riswinandi
9. Royke Tumilaar
10. Sentot A. Sentausa
11. Sunarso
AUDIT COMMITTEE
1. Krisna Wijaya
2. Aviliani
3. Askolani
4. Anton Hermanto Gunawan
5. Budi Sulistio
CORPORATE SECRETARY
Nixon L.P. Napitupulu
HEAD OFFICE
Plaza Mandiri
Jln. Jend. Gatot Subroto Kav. 36 - 38
Jakarta - 12190
Phone : (021) 529-13321, 300-23166
Fax
: (021) 526-3460
Homepage
Email

: www.bankmandiri.co.id
: cma@bankmandiri.co.id

No.
1.
2.
3.
4.
5.
6.
7.
8.
9.
10.
11.
12.
13.

Type of Listing
First Issue
Company Listing
MSOP Conversion
Partial delisting 1 %
MSOP Conversion I & II
MSOP Conversion I
MSOP Conversion I, II & III
MSOP Conversion I & III
MSOP Conversion II & III
MSOP Conversion III
MSOP Conversion II & III
MSOP Conversion II
Right Issue

Shares
2,900,000,000
16,900,000,000
598,938,831
-9,955,000
32,316,636
10,547,213
105,564,065
129,311,724
32,126,466
86,224,280
1,376,402
44,125
2,313,505,257

T:
T:
T:
T:
T:
T:
T:
T:
T:

Listing
Date
14-Jul-03
14-Jul-03
26-Jul-04
06-Dec-05
11-Dec-06
21-Mar-07
10-May-07
14-May-07
14-Nov-07
19-Nov-07
17-Dec-08
02-Jun-10
02-Mar-11

:
:
:
:
:
:
:
:
:

Trading
Date
14-Jul-03
30-Dec-03
09-Jan-07
06-Dec-05
15-Dec-06
16-Jul-08
02-Jun-08
28-May-08
19-May-10
16-Dec-10
08-May-09
02-Jun-10
02-Mar-11

BMRI Bank Mandiri (Persero) Tbk.

Closing
Price*

Closing Price
Volume
(Mill. Sh)

12,000

2,400

10,500

2,100

9,000

1,800

7,500

1,500

6,000

1,200

4,500

900

3,000

600

1,500

300

Jan-10

Jan-11

Jan-12

Jan-13

Jan-14

Closing Price*, Jakarta Composite Index (IHSG) and

Finance Index
January 2010 - July 2014

Freq.

Volume

Value

Day

TRADING ACTIVITIES

Closing Price* and Trading Volume

Bank Mandiri (Persero) Tbk.
January 2010 - July 2014

Month
Jan-10
Feb-10
Mar-10
Apr-10
May-10
Jun-10
Jul-10
Aug-10
Sep-10
Oct-10
Nov-10
Dec-10

High
4,950
4,725
5,650
5,800
5,850
6,100
6,300
6,100
7,250
7,200
7,250
6,900

Low
4,500
4,150
4,400
4,950
4,700
5,100
5,600
5,450
5,800
6,600
6,350
6,100

Close
4,675
4,475
5,350
5,800
5,350
6,000
6,000
5,900
7,200
7,000
6,400
6,500

(X)
22,719
20,417
26,160
28,179
27,917
22,274
23,214
22,731
26,623
27,983
22,119
27,959

(Thou. Sh.) (Million Rp)

491,391 2,332,239
535,563 2,390,152
798,081 3,951,369
1,028,306 5,408,909
770,414 4,037,840
581,387 3,297,928
509,689 3,041,572
441,460 2,596,339
500,635 3,241,511
539,179 3,698,200
374,801 2,610,067
499,676 3,283,238

Jan-11
Feb-11
Mar-11
Apr-11
May-11
Jun-11
Jul-11
Aug-11
Sep-11
Oct-11
Nov-11
Dec-11

6,900
6,250
6,800
7,250
7,350
7,250
8,150
8,100
7,300
7,300
7,400
7,000

5,350
5,350
5,700
6,550
6,800
6,700
7,150
6,650
5,100
5,500
6,300
6,200

5,950
5,800
6,800
7,150
7,200
7,200
7,850
6,850
6,300
7,150
6,400
6,750

59,751
44,183
53,774
36,842
31,537
32,742
34,821
55,412
75,984
63,194
63,227
46,300

1,408,041 8,314,520
2,993,290 16,377,961
1,286,491 7,886,597
775,150 5,336,328
804,177 5,712,250
542,273 3,787,371
878,996 6,697,558
949,354 6,871,060
1,284,590 8,041,492
1,009,050 6,473,321
893,643 6,122,844
693,425 4,597,460

21
18
23
20
21
20
21
19
20
21
22
21

Jan-12
Feb-12
Mar-12
Apr-12
May-12
Jun-12
Jul-12
Aug-12
Sep-12
Oct-12
Nov-12
Dec-12

7,150
6,750
6,950
7,400
7,450
7,350
8,300
8,600
8,300
8,400
8,900
8,450

6,600
6,000
6,350
6,800
6,650
6,550
6,850
7,350
7,600
7,900
8,150
7,700

6,700
6,450
6,850
7,400
6,900
7,200
8,300
7,800
8,200
8,250
8,250
8,100

38,879
76,926
45,324
24,798
23,052
24,789
30,999
26,979
31,515
23,531
25,336
38,789

724,875
1,462,741
984,952
676,326
615,116
420,561
586,543
398,429
480,997
473,867
417,060
660,905

4,954,614
9,269,521
6,573,813
4,780,291
4,369,398
2,956,044
4,352,468
3,208,709
3,812,109
3,854,682
3,548,485
5,339,337

21
21
21
20
21
21
22
19
20
22
20
18

Jan-13
Feb-13
Mar-13
Apr-13
May-13
Jun-13
Jul-13
Aug-13
Sep-13
Oct-13
Nov-13
Dec-13

9,050
10,150
10,050
10,750
10,550
9,900
9,050
8,900
10,300
8,950
8,600
8,000

8,000 9,050
8,700 10,050
9,450 10,000
9,800 10,500
9,700 9,700
8,250 9,000
7,450 8,900
6,250 7,100
6,550 7,950
8,050 8,600
7,350 7,650
7,300 7,850

36,696
33,818
38,478
33,768
47,425
68,921
68,683
67,391
73,619
59,726
67,113
41,923

517,167
567,187
570,412
525,014
748,146
871,631
837,483
1,083,003
1,026,893
755,875
754,337
370,112

4,358,835
5,224,978
5,577,493
5,402,910
7,579,728
7,848,472
7,032,852
8,108,305
8,219,662
6,413,599
5,883,592
2,853,587

21
20
19
22
22
19
23
17
21
21
20
19

Jan-14
Feb-14
Mar-14
Apr-14
May-14
Jun-14
Jul-14

9,525
9,650
10,250
10,350
10,825
10,250
11,000

7,600 8,700
8,400 9,100
9,000 9,450
9,525 9,825
9,775 10,175
9,625 9,725
9,625 10,250

76,373
76,609
87,370
83,068
67,908
62,399
87,146

650,120
701,451
821,343
758,989
527,196
585,096
885,176

5,508,866
6,330,151
7,785,861
7,503,307
5,392,549
5,798,770
9,132,248

20
20
20
20
18
21
18

20
19
22
21
19
22
22
21
17
21
21
20

140%
120%

119.7%
111.7%

100%

97.6%

80%
60%
40%
20%
-20%

Jan 10

Jan 11

Jan 12

Jan 13

Jan 14

SHARES TRADED

2010

2011

2012

2013

Jul-14

Volume (Million Sh.)

Value (Billion Rp)
Frequency (Thou. X)
Days

7,071
39,889
298
245

13,518
86,219
598
247

7,902
57,019
411
246

8,627
74,504
638
244

4,929
47,452
541
137

7,250
4,150
6,500
6,392

8,150
5,100
6,750
6,750

8,900
6,000
8,100
8,100

10,750
6,250
7,850
7,850

11,000
7,600
10,250
10,250

12.62
6.61
2.51

11.63
6.58
2.47

10.73
17.01
2.19

12.48
21.95
2.55

Price (Rupiah)
High
Low
Close
Close*

14.81
PER (X)
16.00
PER Industry (X)
3.29
PBV (X)
* Adjusted price after corporate action

BMRI Bank Mandiri (Persero) Tbk.

Financial Data and Ratios

Book End : December

Public Accountant : Tanudiredja, Wibisana & Rekan (Member of PricewaterhouseCoopers Global Network)
BALANCE SHEET

Dec-10

Dec-11

Dec-12

Dec-13

Jun-14

TOTAL ASSETS AND LIABILITIES (Bill. Rp)

(Million Rp except Par Value)

Cash on Hand
Placements with Other Banks
Marketable Securities
Loans

Assets

9,521,713 11,357,523 15,286,190 19,051,934 16,347,441

28,914,035 51,393,062 48,238,225 45,113,834 49,031,208
27,247,529 12,002,918 10,769,775 26,802,548 34,001,872

620,000

232,545,259 298,988,258 370,570,356 450,634,798 462,279,892

Investment

7,218,361

Fixed Assets

5,527,000

6,589,594

Other Assets

5,384,797

7,249,901

Total Assets

Liabilities

775,000

38,785 11,366,225

616,821

713,384

7,002,690

7,645,598

7,797,815

7,339,965

8,908,732

9,762,497

449,774,551 551,891,704 635,618,708 733,099,762 764,938,211

22.70%

Growth (%)

15.17%

15.34%

465,000
310,000
155,000

4.34%
-

Deposits
Taxes Payable
Fund Borrowings

2010

369,842,016 397,046,488 456,854,700 521,439,569 541,492,776

1,408,798

761,737

2,662,421

2,126,864

2011

2012

2013

Jun-14

554,829

5,634,838 11,703,498 11,608,832 15,997,188 15,951,315

Other Liabilities

10,338,954 15,378,187 13,002,765 14,166,214 17,378,137

Total Liabilities

407,704,515 489,237,296 559,085,843 644,309,166 622,173,710

20.00%

Growth (%)

14.28%

15.24%

-3.44%

TOTAL EQUITY (Bill. Rp)

88,791

93,960

93,960

76,533

Authorized Capital

16,000,000 16,000,000 16,000,000 16,000,000 16,000,000

Paid up Capital

10,498,247 11,666,667 11,666,667 11,666,667 11,666,667

74,792

62,654
55,625

Paid up Capital (Shares)

Par Value

20,996

23,333

23,333

23,333

23,333

500

500

500

500

500

Retained Earnings

24,442,177 33,505,527 46,079,465 59,631,998 63,756,277

Total Equity

41,542,808 62,654,408 76,532,865 88,790,596 93,960,319

50.82%

Growth (%)

22.15%

16.02%

41,543
36,457

17,289

5.82%
-1,879

INCOME STATEMENTS
Total Interest Income

Dec-10

Dec-12

Dec-13

2010

Jun-14

2011

2012

2013

Jun-14

33,931,650 37,730,019 42,550,442 50,208,842 29,291,415

11.19%

Growth (%)
Interest Expenses

Dec-11

12.78%

18.00%

TOTAL INTEREST INCOME (Bill. Rp)

50,209

14,413,041 15,954,037 15,019,850 17,432,216 11,188,419

50,209

Other Operating Revenue

8,432,817 11,768,351 11,897,822 14,686,637

7,073,839

Other Operating Expenses

12,074,973 16,312,021 18,913,028 21,500,987 11,241,928

Income from Operations

13,742,020 16,348,933 19,625,447 23,551,711 12,552,149

Growth (%)
Non-Operating Revenues
Income Before Tax

230,142

18.97%

20.04%

20.01%

163,102

878,821

510,126

42,550
37,730
39,966

33,932
29,291
29,724

5,312

19,481

13,972,162 16,512,035 20,504,268 24,061,837 12,557,461

9,238

Provision for Income Tax

4,602,936

5,231,903

2,591,907

Profit for the period

9,369,226 12,695,885 16,043,618 18,829,934

9,965,554

3,816,150

35.51%

Growth (%)

4,460,650

26.37%

-1,004

17.37%

2010

Period Attributable

9,218,298 12,246,044 15,504,067 18,203,753

Comprehensive Income

9,474,023 12,479,456 16,256,581 17,996,086 10,640,437

Comprehensive Attributable

9,323,095 12,029,615 15,717,030 17,369,905 10,260,288

2011

2012

2013

Jun-14

9,585,405
PROFIT FOR THE PERIOD (Bill. Rp)
18,830
18,830

Dec-10

Dec-11

Dec-12

Dec-13

Jun-14

Dividend (Rp)

140.24

104.97

199.33

234.05

EPS (Rp)

439.04

524.83

664.46

780.16

410.80

RATIOS

16,044
14,989

12,696
11,147

BV (Rp)

1,978.56

2,685.19

3,279.98

3,805.31

4,026.87

DAR (X)

0.91

0.89

0.88

0.88

0.81

DER(X)

9.81

7.81

7.31

7.26

6.62

ROA (%)

2.08

2.30

2.52

2.57

1.30

ROE (%)

22.55

20.26

20.96

21.21

10.61

OPM (%)

40.50

43.33

46.12

46.91

42.85

NPM (%)

27.61

33.65

37.70

37.50

34.02

Payout Ratio (%)

31.94

20.00

30.00

30.00

2.16

1.56

2.46

2.98

Yield (%)

9,966

9,369

7,306

3,465

-377

2010

2011

2012

2013

Jun-14