PT BANK RAKYAT INDONESIA (PERSERO) Tbk

BALANCE SHEETS
As of March 31, 2008 and 2007
(In Millions of Rupiah)

DESCRIPTION

1
2

6
7

9
10

11
12
13
14
15
16
17
18
19
20
21

ASSETS
Cash
Placements with Bank Indonesia
a. Current accounts with Bank Indonesia
b. Certificates of Bank Indonesia
c. Others
Current accounts with other banks
a. Rupiah
b. Foreign currencies
Placements with other banks
a. Rupiah
Allowance for possible losses -/b. Foreign currencies
Allowance for possible losses -/Securities
a. Rupiah
i. Trading
ii. Available for sale
iii. Held to maturity
Allowance for possible losses -/b. Foreign currencies
i. Trading
ii. Available for sale
iii. Held to maturity
Allowance for possible losses -/Securities sold under agreement to repurchase
Government bonds
a. Trading
b. Available for sale
c. Held to maturity
Securities purchased under agreement to resell (reverse repo)
a. Rupiah
Allowance for possible losses -/b. Foreign currencies
Allowance for possible losses -/Derivative receivables
Allowance for possible losses -/Loans
a. Rupiah
i. Related parties
ii. Third parties
Allowance for possible losses -/b. Foreign currencies
i. Related parties
ii. Third parties
Allowance for possible losses -/Acceptances receivable
Allowance for possible losses -/Investments in shares of stock
Allowance for possible losses -/Interest receivable
Prepaid expenses
Prepaid tax
Deferred tax assets
Premises and equipment
Accumulated depreciation -/Abandoned properties
Allowance for possible losses -/Leased assets
Accumulated depreciation -/Repossessed assets
Allowance for possible losses -/Other assets
TOTAL ASSETS

BANK
Mar 31, 2008
Mar 31, 2007

CONSOLIDATION
Mar 31, 2008
Mar 31, 2007

4,533,938

3,070,665

4,543,701

3,070,665

15,308,423
9,878,879
4,142,635

10,674,433
11,206,297
3,269,637

15,314,015
9,948,879
4,156,135

10,674,433
11,206,297
3,269,637

28,242
4,220,123

17,127
3,552,660

31,243
4,220,123

17,127
3,552,660

5,804,359
(58,326)
2,200,916
(64,210)

5,925,000
(59,421)
300,213
(38,529)

5,766,359
(58,371)
2,200,916
(64,210)

5,925,000
(59,421)
300,213
(38,529)

479,909
20,060
643,909
(11,439)

244,485
50,000
(2,945)

482,804
20,060
644,922
(11,478)

244,485
50,000
(2,945)

280,657
185,445
2,874,082
(33,402)
-

297,845
951,772
(60,925)
-

280,657
185,445
2,874,082
(33,402)
-

297,845
951,772
(60,925)
-

3,430,874
8,699,730
10,794,088

2,341,951
7,138,802
11,339,294

3,430,874
8,699,730
10,794,088

2,341,951
7,138,802
11,339,294

7,048,099
1,101,717
(247)

2,432,663
(24,327)
186,571
(1,866)

7,048,099
1,101,717
(247)

2,432,663
(24,327)
186,571
(1,866)

397,165
109,128,415
(7,169,555)

334,985
84,625,740
(6,198,768)

397,165
109,233,777
(7,173,850)

334,985
84,625,740
(6,198,768)

274
8,909,716
(271,281)
924,357
(9,540)
211,224
(1,362)
1,239,060
317,078
1,298,499
4,128,819
(2,545,644)
6,209
(63)
369,754
(323,114)
16,373
(1,737)
2,325,655
200,458,763

325
6,098,210
(1,114,162)
491,383
(5,298)
75,178
(1,282)
1,035,199
273,171
918,239
4,031,976
(2,132,234)
6,288
(63)
316,561
(316,272)
11,028
(3,647)
907,280
152,165,239

274
8,909,716
(271,281)
924,357
(9,540)
83,184
(1,362)
1,240,629
317,995
1,300,106
4,156,021
(2,556,803)
6,209
(63)
369,754
(323,114)
26,507
(3,062)
2,360,943
200,563,703

325
6,098,210
(1,114,162)
491,383
(5,298)
75,178
(1,282)
1,035,199
273,171
918,239
4,031,976
(2,132,234)
6,288
(63)
316,561
(316,272)
11,028
(3,647)
907,280
152,165,239

PT BANK RAKYAT INDONESIA (PERSERO) Tbk

BALANCE SHEETS
As of March 31, 2008 and 2007
(In Millions of Rupiah)

DESCRIPTION

2
3

6
7
8
9
10

11

12
13
14
15
16
17
18

19

20
21

LIABILITIES
Demand deposits
a. Rupiah
b. Foreign currencies
Liabilities immediately payable
Savings deposits
a. Rupiah
b. Foreign currencies
Time deposits
a. Rupiah
i. Related parties
ii. Third parties
b. Foreign currencies
i. Related parties
ii. Third parties
Certificates of deposits
a. Rupiah
b. Foreign currencies
Deposits from other banks
Securities sold under agreement to repurchase (repo)
Derivative payables
Acceptances payable
Securities issued
a. Rupiah
b. Foreign currencies
Fund borrowings
a. Funding facilities from Bank Indonesia
b. Others
i. Rupiah
- Related parties
- Third parties
ii. Foreign currencies
- Related parties
- Third parties
Estimated losses on commitments and contingencies
Obligation under capital lease
Accrued expenses
Taxes payable
Deferred tax liabilities
Other liabilities
Subordinated loans
a. Related parties
b. Third parties
Loan capital
a. Related parties
b. Third parties
Minority interest
EQUITY
a. Capital stock
b. Additional paid-in capital/agio
c. Stock option
d. Donated capital
e. Funds for paid-in capital
f. Differences arising from translation of foreign currency financial statements
g. Premisies and equipment revaluation increment
h. Unrealized gains (losses) on available for sale securities and government bonds
i. Other comprehensive income
j. Retained earnings
TOTAL LIABILITIES AND EQUITY

BANK
Mar 31, 2008
Mar 31, 2007

CONSOLIDATION
Mar 31, 2008
Mar 31, 2007

22,264,714
4,648,561
2,814,528

22,034,472
3,416,603
1,705,097

22,281,731
4,648,561
2,815,042

22,034,472
3,416,603
1,705,097

71,250,998
-

57,443,359
-

71,276,043
-

57,443,359
-

260,597
55,459,338

414,015
34,389,116

260,677
55,520,004

414,015
34,389,116

1,098
5,757,592

220
4,198,700

1,098
5,757,592

220
4,198,700

4,102,733
102,716
1,104,648
924,357

1,938
1,635,796
102,681
163,402
491,383

4,101,208
102,716
1,104,648
924,357

1,938
1,635,796
102,681
163,402
491,383

728,506

885,896

728,506

885,896

1,263,875
82,435
19,827
359,056
59,049
6,342,879

82,722
41,482
57,607
331,962
171,376
4,313,233

1,263,875
82,454
19,827
359,693
59,049
6,345,366

82,722
41,482
57,607
331,962
171,376
4,313,233

2,112,202

2,140,948

2,112,202

2,140,948

6,159,468
2,682,801
22,685
103,068
786
443,698
11,386,548
200,458,763

6,143,808
2,537,489
46,646
105,555
786
645,044
8,663,903
152,165,239

6,159,468
2,682,801
22,685
103,068
786
443,698
11,386,548
200,563,703

6,143,808
2,537,489
46,646
105,555
786
645,044
8,663,903
152,165,239

PT BANK RAKYAT INDONESIA (PERSERO) Tbk

BALANCE SHEETS
As of March 31, 2008 and 2007
(In Millions of Rupiah)
BANK
Mar 31, 2008
Mar 31, 2007
-

DESCRIPTION

MANAGEMENTSOF THE BANK

Board of Commisioners :
- President Commissioner
: Bunasor Sanim *)
- Commissioner
: Saifullah Yusuf
- Commissioner
: Agus Pakpahan
- Commissioner
: Agus Suprijanto
- Commissioner Independent : B. S. Kusmuljono
- Commissioner Independent : Aviliani
- Commissioner Independent : Baridjussalam Hadi
Board of Directors :
- President Director
: Sofyan Basir
- Director
: Abdul Salam
- Director
: A. Toni Soetirto
- Director
: Sarwono Sudarto
- Director
: Sulaiman Arif Arianto
- Director
: Sudaryanto Sudargo
- Director
: Lenny Sugihat
- Director
: Asmawi Syam
- Director
: Suprajarto
- Compliance Director
: Bambang Soepeno

STOCKHOLDERS

Republic of Indonesia
Public

56.82%
43.18%

CONSOLIDATION
Mar 31, 2008
Mar 31, 2007
-

Jakarta, April 30, 2008

PT BANK RAKYAT INDONESIA (PERSERO)

BOARD OF DIRECTORS

Sofyan Basir
President Director

Abdul Salam
Director

Notes:
1. The financial statements above is unaudited.
2. The above financial information is presented in accordance with the following matters :
a. Bank Indonesia Regulation No. 3/22/PBI/2001 dated December 13, 2001 as amended by Bank Indonesia Regulation No.7/50/PBI/2005 dated November 29, 2005
regarding Transparency of Bank's Financial Condition,
b. Bank Indonesia Circular Letter No. 7/10/DPNP dated March 31, 2005 regarding the amandment of Bank Indonesia Circular Letter No. 3/30/DPNP dated December
14, 2001 regarding Presentation of Quarterly and Monthly Published Financial Statements of Commercial Banks and Certain Reports Submitted to Bank Indonesia.

3.

4.
5.
6.

*)

c. Bank Indonesia Letter No. 5/559/DPNP/IDPnP dated December 24, 2003 regarding "Bank's Published Financial Statements.
d. Rule No. X.K.2 Decision of Chairman of the Capital Market Supervisory Agency (BAPEPAM), Attachment No. Kep-36/PM/2003 dated September 30, 2003,
regarding Obligation to Submit Periodic Financial Statements.
Bank assessed asset quality rating based on Bank Indonesia Regulation No.7/2/PBI/2005 dated January 20, 2005, as amended by Bank Indonesia Regulation
No.8/2/PBI/2006 dated January 30, 2006 regarding change in Bank Indonesia Regulation No.7/2/PBI/2005, which among others required the Bank to apply the asset
quality designated by Bank Indonesia in the event of differance in assessment of asset qualitybetween Bank and Bank Indonesia.
For comparative purposes, certain accounts in the financial information as of and for the period ended March 31, 2006 have been reclassified to
conform with the presentation of accounts in the financial information as of and for the period ended March 31, 2007.
Exchange rate of 1 US Dollar as of March 31, 2008 and 2007 were Rp9,205 and Rp9,125, respectively.
Basic earnings per share is calculated by dividing the net profit for the year by the weighted average number of issued and fully paid shares during the related year,
meanwhile diluted earning per share is calculated after necessary adjustments to the weighted average number of common shares outstanding assuming the full
exercise of employee stock options at the time os issuance.
Also appointed as independent commisioner

STATEMENTS OF INCOME AND CHANGE IN RETAINED EARNINGS

For the periods January 1 to March 31, 2008 and 2007
(In Millions of Rupiah, unless otherwise stated)

DESCRIPTION

INCOME AND EXPENSES FROM OPERATIONS

1 Interest income
1.1. Interest income
a. Rupiah
b. Foreign currencies
1.2. Fees and commissions on loan facilities
a. Rupiah
b. Foreign currencies
Total interest income
2 Interest expenses
2.1. Interest expense
a. Rupiah
b. Foreign currencies
2.2. Fees and commissions
Total interest expense -/Net interest income
3 Other operating income
3.1. Other fees and commissions
3.2. Foreign exchange gain
3.3. Gain from increase in value and sale of government bonds and securities
3.4. Others
Total other operating income
4 Provision (reversal) for possible losses on earning assets
5 Provision (reversal) of estimated losses on commitments and contingencies
6 Other operating expenses
6.1. General and administrative expenses
6.2. Salaries and employee benefits
6.3. Losses from decline in value and sale of government bonds and securities
6.4. Losses on foreign exchange transactions
6.5. Promotion
6.6. Others
Total others operating expenses -/Net operating income/expenses
NON OPERATING INCOME AND EXPENSES
7 Non operating income
8 Non operating expense
Non operating income (expenses) - net
9 Extraordinary income (expense)
10 Income before tax
11 Provision for income tax -/a. Current
b. Deferred
12 Net income for current period
13 Minority interest -/14 Retained earnings at beginning of year
15 a. Dividend - / b. Others -/16 Retained Earnings at end of year
17 EARNINGS PER SHARE
Basic (full amount)
Diluted (full amount)

BANK
Jan 1, 2008
Jan 1, 2007
to
to
Mar 31, 2008
Mar 31, 2007

CONSOLIDATION
Jan 1, 2008
Jan 1, 2007
to
to
Mar 31, 2008
Mar 31, 2007

6,050,655
187,825
180,506
6,418,986

5,328,562
135,069
130,597
84
5,594,312

6,055,880
187,825
180,633
6,424,338

5,328,562
135,069
130,597
84
5,594,312

1,668,550
93,106
468
1,762,124
4,656,862

1,554,037
81,281
1
1,635,319
3,958,993

1,672,382
93,106
468
1,765,956
4,658,382

1,554,037
81,281
1
1,635,319
3,958,993

379,947
23,590
403,537
604,857
22,884

245,114
23,010
26,766
32,340
327,230
674,150
(6,780)

379,961
24,882
404,843
604,857
22,884

245,114
23,010
26,766
32,340
327,230
674,150
(6,780)

672,395
1,256,661
139,493
25,064
36,660
264,131
2,394,404
2,038,254

509,919
1,214,056
33,774
170,188
1,927,937
1,690,916

673,933
1,257,994
139,493
25,064
36,660
264,131
2,397,275
2,038,209

509,919
1,214,056
33,774
170,188
1,927,937
1,690,916

13,367
880
12,487
2,050,741

21,854
1,592
20,262
1,711,178

13,412
880
12,532
2,050,741

21,854
1,592
20,262
1,711,178

672,647
(30,362)
1,408,456
9,978,092
11,386,548

539,688
(53,233)
1,224,723
7,439,180
8,663,903

672,647
(30,362)
1,408,456
9,978,092
11,386,548

539,688
(53,233)
1,224,723
7,439,180
8,663,903

117.51
115.36

102.29
100.56

117.51
115.36

102.29
100.56

STATEMENTS OF COMMITMENTS AND CONTINGENCIES

As of March 31, 2008 and 2007
(In Millions of Rupiah)
DESCRIPTION

BANK
Mar 31, 2008
Mar 31, 2007

CONSOLIDATION
Mar 31, 2008
Mar 31, 2007

COMMITMENTS
Commitment Receivables
1. Unused borrowing facilities
a. Rupiah
b. Foreign currencies
2. Others
Total Commitment Receivables

#REF!
124,511
27,623
152,134

123,429
343,026
466,455

#REF!
124,511
27,623
152,134

123,429
343,026
466,455

Commitment Payables
1. Unused loan facilities granted
a. Rupiah
b. Foreign currencies
2. Outstanding irrevocable letters of credit
3. Others
Total Commitment Payables

21,092,985
4,478,200
6,982,166
28,165
32,581,516

13,913,270
2,260,839
2,764,544
1,020,558
19,959,211

21,118,153
4,478,200
6,982,166
28,165
32,606,684

13,913,270
2,260,839
2,764,544
1,020,558
19,959,211

(32,429,382)

(19,492,756)

(32,454,550)

(19,492,756)

COMMITMENTS - NET
CONTINGENCIES
Contingent Receivables
1. Guarantees received
a. Rupiah
b. Foreign currencies
2. Interest receivable on non-performing loans
a. Rupiah
b. Foreign currencies
3. Others
Total Contingent Receivables

861,491
18,726
249,060
1,129,277

635,910
110,273
140,236
896,520

877,612
18,726
249,060
1,145,398

635,910
110,273
140,236
896,520

Contingent Payables
1. Guarantees issued
a. Bank guarantees
- Rupiah
- Foreign currencies
b. Others
2. Outstanding revocable letters of credit
3. Others
Total Contingent Payables

671,605
535,198
1,206,803

288,111
411,204
699,315

672,612
535,198
1,030
1,208,840

288,111
411,204
699,315

CONTINGENT - NET

(77,526)

10,101
-

197,205

(63,442)

10,101
-

197,205

QUALITY OF ASSETS AND OTHER INFORMATION

As of March 31, 2008 and 2007
(In Millions of Rupiah)
BANK
NO.

Special
Mention

Current
I

RELATED PARTIES

A
1
2
3
4

6
7

EARNING ASSETS
Placements with other banks
Securities
Securities purchased under agreement to resell (reversal repo)
Loans
a. Small Scale Business Credit (KUK)
b. Property Loans
i restructured
ii un-restructured
c. Other restructured loans
d. Others
Investments in Shares of Stock
a. In non bank financial institutions
b. In bank financial institutions
c. Due to loan r\estructuring
Other receivables
Commitments and contingencies

B
1
2
3

NON EARNING ASSETS

Abandoned properties
Repossessed Assets
Inter branch transactions and suspense account

II

THIRD PARTIES

A
1
2
3
4

6
7

EARNING ASSETS
Placements with other banks
Securities
Securities purchased under agreement to resell (reverse repo)
Loans
a. Small scale business credit (KUK)
b. Property loans
i restructured
ii un-restructured
c. Other restructured loans
d. Others
Investments in shares of stock
a. In non-bank financial institutions
b. In bank financial institutions
c. Due to loan restructuring
Other receivables
Commitments and contingencies

B
1
2
3

NON EARNING ASSETS

Abandoned properties
Repossessed assets
Inter branch transactions and suspense account

TOTAL
1

4
5
6
7

a. Required allowance for losses on earning assets

b. Required allowance for losses on non earning assets
c. Total required allowance for losses
a. Established allowance for losses on earning assets
b. Established allowance for losses on non earning assets
c. Total established allowance for losses
Value of bank's assets pledged as collateral
a. To Bank Indonesia
b. To third parties
Percentage of small scale business credit to total loans
Percentage of small scale business credit debitors to total debitors
Percentage of small and medium enterprises to total loans
Percentage of small and medium enterprises debitors to total debitors

March 31, 2007

March 31, 2008

DESCRIPTION

Sub Standart

Doubful

Loss

Total

Current

Special
Mention

Sub Standart

Doubful

Loss

Total

397,439
-

397,439
-

335,310
-

335,310
-

397,439
239,000
-

397,439
239,000
-

335,310
82,000
-

335,310
82,000
-

16,396,275
37,287,632
7,048,099
108,286,034
31,738,550

5,220,720
2,013,988

964,464
307,424

827,998
325,712

2,738,915
903,937

16,396,275
37,287,632
7,048,099
118,038,131
35,289,611

13,064,637
33,521,528
2,432,663
80,300,293
24,092,468

5,592,243
1,970,485

741,675
184,572

1,145,603
328,137

48,918
2,944,137
909,085

13,064,637
33,570,446
2,432,663
90,723,951
27,484,747

7,100
855,130
3,196,324
72,488,930
210,688
79,688
131,000
2,018,663
8,175,334

5,558
142,649
3,058,525
7,411
13,636

148,207
508,833
-

107,736
394,550
-

50,326
1,784,652
536
536
-

12,658
855,130
3,645,242
78,235,490
211,224
80,224
131,000
2,026,074
8,188,970

631,339
2,292,215
53,284,271
74,642
74,642
668,349
3,745,307

6,499
423,109
3,192,150
9,605
60,578

254,018
303,085
-

13,547
9,581
794,338
-

526,201
1,508,851
536
536
1,000

13,547
637,838
3,505,124
59,082,695
75,178
75,178
677,954
3,806,885

6,209
16,373
-

6,288
6,597
-

879
-

205
-

3,347
-

6,288
11,028
-

6,209
6,800
-

9,573
-

180,072,173

5,241,767

974,037

827,998

2,739,451

189,855,426

134,237,614

5,662,426

742,554

1,145,808

2,997,938

144,786,340

1,429,820
130
1,429,950

262,088
262,088

144,670
1,436
146,106

413,999
413,999

2,739,451
2,739,451

4,990,028
1,566
4,991,594
7,704,186
1,799
7,705,985

989,287
129
989,416

283,121
283,121

111,251
132
111,383

572,802
103
572,905

2,994,591
3,347
2,997,938

4,951,052
3,711
4,954,763
7,549,825
3,710
7,553,535

29.80%
39.63%
83.13%
99.99%

30.18%
44.07%
86.94%
99.99%

FOREIGN EXCHANGE AND DERIVATIVES TRANSACTIONS

As of March 31, 2008
(In Millions of Rupiah)

NO.

DESCRIPTION

Contract Market Value

Hedging
Others

A.

Exchange Rate Related

1.
2.
3.

4.
5.
6.

Spot
Forward
Option
a. Purchased
b. Written
Future
Swap
Others

B.

Interest Rate Related

1.
2.

3.
4.
5.

Forward
Option
a. Purchased
b. Written
Future
Swap
Others

C.

Others

TOTAL

BANK
March 31, 2008
Derivative Receivable and Payable
Receivables
Payables

23,013
-

1,841,000
-

63

1,101,654
1,101,717

48

Contract Value with

Netting Agreement

1,104,600
1,104,648

CALCULATION OF CAPITAL ADEQUACY RATIO

As of March 31, 2008 and 2007
(In Millions of Rupiah)
NO.
I.

DESCRIPTION
CAPITAL COMPONENTS
A. CORE CAPITAL
1.
Paid-in Capital
2.
Additional Capital (Disclosed Reserves)
a. Agio
b. Disagio (-/-)
c. Donated Capital
d. General and Special Reserves
e. Previous Year's Profit After Tax
f. Accumulated Losses (-/-)
g. Current Year's Profit After Tax (50%) *)
h. Current Year's Losses (-/-)
i.
Differences in Foreign Currency Translation of Overseas Branches
1) Positive Adjustment
2) Negative Adjustment (-/-)
j.
Funds for Paid - in Capital
k. Decline in Value of Equity Participation in Available for Sale Portfolio (-/-)
3.
Goodwill (-/-)
4.
Revaluation Differences in Assets and Liabilities from Quasi-reorganization
B. SUPPLEMENTARY CAPITAL
(Maximum 100% from Core Capital)
1.
Reserves on Revaluation Increment of Premises and Equipment
2.
Revaluation Differences in Assets and Liabilities from Quasi-reorganization
3.
General Reserves of Allowance for Possible Losses on Earning Assets
(maximum 1,25% from Risk Weighted Assets)
4.
Loan Capital
5.
Subordinated Loan (maximum 50% from Core Capital) **)
6.
Increase in Value of Equity in Available for Sale Portfolio (45%)
C. SUPPLEMENTARY ADDED CAPITAL REQUIRED
D. SUPPLEMENTARY ADDED CAPITAL MARKET RISK ALLOCATION

II.
III.
IV.
V.
VI.
VII.
VIII.
IX.
X.
XI.
XII.

TOTAL CORE CAPITAL AND SUPPLEMENTARY CAPITAL (A+B)

TOTAL CORE CAPITAL, SUPPLEMENTARY CAPITAL & SUPPLEMENTARY
ADDED CAPITAL (A+B+D)
INVESTMENT IN SHARES OF STOCK -/TOTAL CAPITAL FOR CREDIT RISK (II-IV)
TOTAL CAPITAL FOR CREDIT RISK AND MARKET RISK (III-IV)
RISK WEIGHTED ASSETS BASED ON CREDIT RISK
RISK WEIGHTED ASSETS BASED ON MARKET RISK
ESTABLISH MINIMUM CAPITAL ADEQUACY RATIO FOR CREDIT RISK (V:VII)
ESTABLISH MINIMUM CAPITAL ADEQUACY RATIO FOR CREDIT RISK AND
MARKET RISK (VI:(VII+VIII))
OVER THAN STANDARD SUPPLEMENTARY ADDED CAPITAL REQUIRED RATIO
REQUIRED MINIMUM CAPITAL ADEQUACY RATIO

BANK
March 31, 2008

17,975,448
6,159,468
11,815,980
2,682,801
4,553,425
5,055,775
(1,268,136)
689,047
-

March 31, 2007

15,810,690
6,143,808
9,666,882
2,537,489
2,850,396
4,406,056
(818,359)
585,745
-

103,068
-

105,555
-

1,831,018

1,856,735

786
-

786
-

1,348,569
481,663
-

961,530
894,419
-

19,806,466

17,667,425

19,806,466
211,224
19,595,242
19,595,242
112,858,961
5,728,677
17.36%

17,667,425
75,178
17,592,247
17,592,247
79,226,756
5,049,295
22.20%

16.52%
0.00%
8.00%

20.87%
0.00%
8.00%

Notes:
*)
Presented without considering the effect of Deffered Tax Assets in compliance with Bank Indonesia's Circular No 3/21/PBI/2001 dated
December 31, 2001.
**)
Presented net of amortitation of Subordinated Obligation I and Subordinated Notes which was calculated using the straight line method
inaccordance with Bank Indonesia Circular No 6/71/DPwB2/PwB24 dated May 17, 2004.

FINANCIAL RATIOS
As of March 31, 2008 and 2007
NO.
I.

II.

III.

IV.

V.

DESCRIPTION
CAPITAL
1. CAR With Credit Risk
2. CAR With Credit Risk and Market Risk
3. Premises and Equipment to Capital *)
EARNING ASSETS
1. Non performing Earning Assets
2. Allowance for Possible Losses on Earning Assets
3. Compliance for Allowance for Possible Losses on Earning Assets
4. Compliance for Allowance for Possible Losses on Non Earning Assets
5. NPL Gross
6. NPL Net
RENTABILITY
1. R O A
2. R O E
3. N I M (without deposit insurance premium)
4. N I M (with deposit insurance premium)
5. Operating Expenses to Operating Revenues **)
LIQUIDITY
LDR
COMPLIANCE
1. a.
Percentage Violation of Legal Lending Limit (BMPK)
a.1. Related parties
a.2. Third parties
b.

Percentage of Excess Legal Lending Limit (BMPK)

b.1. Related parties
b.2. Third parties

BANK
March 31, 2008

March 31, 2007

17.36%
16.52%
22.96%

22.20%
20.87%
24.72%

2.39%
4.06%
154.39%
114.88%
3.83%
1.04%

3.37%
5.22%
152.49%
99.97%
5.31%
1.32%

4.17%
31.71%
10.45%
10.26%
70.12%

4.49%
31.31%
11.36%
11.18%
71.44%

74.19%

74.70%

10.02%
8.99%

9.08%
5.38%

2.
3.

GWM Rupiah (Primary Reserves)

Net Open Position (Percentage of Capital)

*)
**)

Premises and equipment is gross (without accumulated depreciation)

Operating expenses (include interest expense and provision expense on productive and other assets) divided by
Operating Income (include interest income)..

Notes :

SHARIA BUSINESS UNIT FINANCIAL INFORMATION

PT BANK RAKYAT INDONESIA (PERSERO), Tbk
BALANCE SHEETS
As of March 31, 2008 and 2007
(In Millions of Rupiah)
Presented in Compliance with Bank Indonesia Circular Letter No. 7/56/DPbS dated December 9, 2005 regarding "Presentation of Annual
Report, Quarterly and Monthly Published Financial Statements and Certain Report from Bank Submitted to Bank Indonesia" as amended by
Bank Indonesia Circular Letter No. 8/11/DPbS dated 7 March 2006.
No.

DESCRIPTION

March 31, 2008

March 31, 2007

A.
1.
2.
3.
4.
5.
6.
7.
8.
9.
10.
11.
12.
13.
14.
15.
16.
17.
18.

ASSETS
Cash
Current Accounts with Bank Indonesia
Bank Indonesia Certificates of Wadiah
Placements with Other Banks
Allowance for Possible Losses -/Marketable Securities
Allowance for Possible Losses -/Murabahah Receivables
Allowance for Possible Losses -/Other Receivables
Allowance for Possible Losses -/Mudharabah and Musyarakah Financing
Allowance for Possible Losses -/Interest Receivable
Prepaid Expenses
Premises and Equipment
Accumulated Depreciation -/Other Assets - Net
TOTAL ASSETS

11,807
27,333
945,755
(56,577)
72,561
(2,181)
117,810
(4,174)
289
6,694
28,658
(17,563)
19,954
1,150,366

11,444
26,524
958,306
(40,194)
73,811
(1,154)
69,428
(1,699)
319
8,372
28,251
(12,514)
22,316
1,143,210

B.
1.
2.
3.
4.
5.
6.
7.

LIABILITIES
Wadiah Demand Deposits
Other Current Liabilities
Liabilities with Bank Indonesia (FPJPS)
Liabilities with Other Banks
Marketable Securities Issued
Other Liabilities
Unrestricted Investment Funds
a. Mudharabah Saving Deposits
b. Mudharabah Time Deposits
Retairned Earnings
TOTAL LIABILITIES

33,185
7,061
1,393
388,224
200,599
517,357
2,547
1,150,366

29,111
4,704
11
756,891
164,558
186,976
959
1,143,210

8.

STATEMENTS OF INCOME
For the period January 1 to March 31, 2008 and 2007
(In Millions of Rupiah)

No.

DESCRIPTION

A.
1.
2.
3.
4.
B.

INCOME FROM OPERATIONS

Murabahah Margin
Mudharabah Profit Sharing
Bonuses
Other Operating Income
TOTAL OPERATING INCOME

C.

Investor's Share On Returns of Unrestricted Investment Funds

a. Banks
b. Non Banks
c. Bank Indonesia (FPJPS)
TOTAL PROFIT SHARING

D.
E.

January 1, 2008
to
March 31, 2008

Operating Income After Distribution of Profit Sharing for Investor of

Unrestricted Investment Funds

F.
1.
2.
3.
4.
5.

EXPENSES FROM OPERATIONS

Wadiah Bonuses
Provision for Possible Losses on Earning Assets
General and Administrative Expenses
Personnel Expenses
Other Expenses
TOTAL OPERATING EXPENSES

H.
I.
J.

INCOME (EXPENSES) FROM OPERATION - NET

Non Operating Income
Non Operating Expenses

K.

NON OPERATING INCOME - NET

L.

NET INCOME FOR CURRENT PERIOD

January 1, 2007
to
March 31, 2007

42,486
3,945
6,634
53,065

32,153
2,478
5,988
40,619

(108)
(11,328)
(11,436)

(133)
(7,641)
(7,774)

41,629

32,845

(111)
(21,425)
(5,330)
(11,764)
(618)
(39,248)

(147)
(15,687)
(5,032)
(10,612)
(508)
(31,986)

2,381
168
(2)

859
100
-

166

100

2,547

959

March 31, 2008

19,528
1,545
17,600

March 31, 2007

12,355
1,594
14,625

STATEMENTS OF COMMITMENTS AND CONTINGENCIES

As of March 31, 2008 and 2007
(In Millions of Rupiah)
No.
1.
2.
3.
4.

DESCRIPTION
Unsused Financing Facilities Granted to Customers
Outstanding Irrevocable L/C
Guarantees (Kafalah) Issued
Others

Jakarta, April 30, 2008

SHARIA SUPERVISORY BOARD

PT BANK RAKYAT INDONESIA (PERSERO), Tbk

SHARIA BUSINESS UNIT

PROF. K. H. DRS. ASJMUNI ABDURRAHMAN

Chairman

EKO B. SUHARNO
Head of Sharia Business Unit

PROFIT SHARING DISTRIBUTION

For the period January 1 to March 31, 2008
(In Millions of Rupiah)

TYPE OF FUNDS

1 Wadiah Demand Deposits

a. Banks
b. Non Banks
2 Mudharabah Saving Deposits
a. Banks
b. Non Banks
3 Mudharabah Time Deposits
a. Banks
- 1 Month
- 3 Months
- 6 Months
- 12 Months
b. Non Banks
- 1 Month
- 3 Months
- 6 Months
- 12 Months
Total

Revenue
Average
Subject to
Outstanding
Profit
Sharing
28,535

343

1,278
199,697

Fund Owner's Portion

Total
Rate of
Bonuses
Nisbah
Return
and Profit
Indication
Sharing
-

36

1.50%

15
2,401

30%
30%

5
720

4.33%
4.33%

379,827
-

4,567
-

44%
-

2,010
-

6.35%
-

229,525
33,006
7,701
6,876

2,760
397
93
83

44%
44%
44%
44%

1,214
175
39
35

6.35%
6.35%
6.06%
6.06%

886,445

10,659

4,234