Finding the Right Solutions for MSME

Annual Report 2008
PT Bank Bukopin Tbk
Head Office:
Jl. M.T. Haryono Kav. 50-51 Jakarta - 12770
Tel.
: [021] 7988266 / 7989837
Fax. : [021] 7980625 / 7980238 / 7980244
Telex : 62487 / 66146 / 66087 BKOPIN IA
Swift : BBUKIDJA IA
www.bukopin.co.id
Finding the Right Solutions for MSME...as well as for Large Corporations
Annual Report 2008
Annual Report
2008
Finding the Right
Solutions for MSME...
Cover Story
Contents
Cover Story [1]
Vision, Mission, Corporate Values [2]
Performance in 2008 [3]
Technology Modern Banking [4]
Company Profile [8]
Milestones [10]
Achievement and Certificate [11]
Significant Events in 2008 [12]
Financial Highlights [14]
Stock Highlights [16]
Shareholders Composition [17]
Message from the President
Commissioners [20]
Director’s Report [26]
Sharp & Strategic [32]
Directorate of Small, Medium-scale
Enterprises and Cooperatives [34]
Directorate of Commercial Banking [38]
Directorate of Consumer Banking [42]
Sharia Division [46]
Treasury Division [49]
International Banking Division [50]
Micro Savings and Loans Division [51]
Human Resources [52]
Directorate of Services and Distribution [56]
Solvent and Sustainable [59]
Risk Management [60]
Corporate Governance [66]
Corporate Social Responsibility [106]
Transparent & Accessible [108]
Management’s Discussions and
Analysis [110]
Responsibility on the Financial
Statements [124]
Financial Statement [125]
Corporate Data [275]
Solid & Stable [277]
Organisational Structure [278]
Corporate Information [279]
The Board of Commissioners [280]
The Board of Directors [282]
Audit Committee [284]
Remuneration and
Nomination Committee [285]
Risk Monitoring Committee [287]
Sharia Supervisory Board [288]
Senior Officers [289]
Products and Services [296]
Awards and Acknowledgements
of National and International [299]
Office Network [303]
Capital Market Supporting Institutions
and Profession [315]
Bank Bukopin understands and provides solutions. This motto
has long served as the philosophy that underlies the success
of Bank Bukopin as an increasingly trustworthy, publicly held
Bank. In the past several years, the ability of Bank Bukopin
to provide the right solutions to different customer needs,
has strengthened the existence of Bank Bukopin as a banking
institution that provides prime services to the Micro, Small,
Medium Enterprise and Cooperative segments.
The ability of Bank Bukopin to find the right solution for a
variety of banking services to the above segments, has given
Bank Bukopin a strategic platform to maintain its sustainable
growth, especially in these challenging economic times.
Keenly aware of the importance of Bank Bukopin’s roles in
providing a comprehensive range of banking services that are
able to reach customers from all walks of life, from villages
to cities, small and large businesses, corporate as well as
individual customers, Bank Bukopin is proud to present the
theme of its 2008 Annual Report as “Finding the Right Solutions
for Micro, Small, and Medium Enterprises...as well as for Large
Corporations.”
as well as for Large Corporations.
Bank Bukopin ANNUAL REPORT 2008
1
VISION
To become a trustworthy bank for financial services.
MISSION
To provide the best services to customers, participate in the development of medium-scale,
small, micro, and cooperative businesses, and enhance shareholder value as well as employee
welfare.
Corporate Values
Focus on the Customer
Understand, develop, serve and fulfil the needs and wants of stakeholders, both internal and
external.
Cooperation
Helpful towards one another, highly coordinated and cooperative, in order to achieve positive
synergy.
Discipline
Adhere to all rules, regulations, and fulfil all commitments to internal and external parties.
Competence
Acquire knowledge, skills, perspectives and expertise in respective fields, and constantly improves
oneself.
Integrity
Posses, uphold and practice the values of honesty, sincerity, avoiding conflict of interest and
abuse of power.
2
Bank Bukopin ANNUAL REPORT 2008
Performance
20%
in 2008
Credit
I
n 2008
Bank Bukopin posted a credit growth of 20%, or Rp3,894 billion, to Rp23,042 billion as at year-end. This growth resulted in the increase of Loan to Deposit
(LDR) ratio from 65.25% in 2007 to 83.60% in 2008, reflecting the growing financial
intermediary role of Bank Bukopin, and its commitments to sound earning assets
growth, as well as its contribution to national economic growth.
14%
Net Interest
Income
I
n 2008
Bank Bukopin posted a net interest income of Rp1,468 billion, an increase of 14% from Rp1,288 billion in 2007. This increase was supported by earning assets
expansion, in addition to effective interest expense management.
39%
Savings
A
s at year-end 2008
Bank Bukopin had total savings accounts amounting to Rp4,124 billion, an increase of 39%, or Rp1,151 billion, from Rp2,973 billion in 2007. The
increase was primarily attributed to the success of Bank Bukopin in developing its
Consumer Banking Services, which are increasingly recognised by the public through
the Bank’s rallying cry of: “Bank Bukopin is truly wokeee...!!!”
Bank Bukopin ANNUAL REPORT 2008
3
Technology
Modern Banking
Bank Bukopin relies on an open banking
technology system that is highly adaptable
and scalable, in addition to being receptive
to specific application developments that are
custom-made.
4
Bank Bukopin ANNUAL REPORT 2008
Banking is a business that involves people. However,
developing an in-house application system,
modern banking demands skilled personnel and
which was not only well-received by Visa
advanced banking technology.
International, but was also faster in terms of its
time-to-market development and subsequent
To that end, Bank Bukopin implements and continues
launch of the Bank Bukopin Visa Card services.
to develop one of the most advanced information
technology systems currently employed in Indonesian
Use of Appropriate Technology
banking, today. Our innovative technology
Still in the 1990s, Bank Bukopin developed
breakthroughs can be seen, among other things, in the
the concept of savings and loans network of
areas of product development, service enhancement,
Swamitra in 1998, by relying on information
value creation, creative and effective market
technology and an on-line communication
penetration as well as in risk management.
system that provided the information
infrastructure needed to support business
The following examples describe how mastery over
and for service continuity for Swamitra. This
technology enables Bank Bukopin to compete with
concept was awarded first place in the Asian
other leading banks who are much larger in terms
Banking Award for the category of innovative
of assets, networks, scope of services, and human
technology application in the development of
resources.
banking services that benefit a broad segment
of the general public. A decade later, Swamitra
Technology Self-Sufficiency
has proven to be a successful network of micro
In 1997, when banks in Indonesia had to rely
savings and loans that had 274,182 customers
on information technology services from foreign
and a fund circulation of Rp392 billion as at
companies that were appointed by Visa International
year-end 2008.
to develop application systems needed to run the Visa
Card services, Bank Bukopin proved its capability in
Bank Bukopin ANNUAL REPORT 2008
5
Adaptive Technology, Opening Access to the Broadest
Technology-based Public Services
Range of Banking Services
A major breakthrough in banking services that was
Bank Bukopin relies on an open banking technology
successfully achieved by Bank Bukopin recently was
system that is highly adaptable, in terms of both the
the development of a Point Payment On Line Bank
development of its applications as well as scalability
(PPOB) Network for electricity bill payment, which
for future growth. This allows the Bank to develop a
engages public participation in providing premises for
variety of applications in order to support the various
the PPOB. This breakthrough not only improves public
cutting-edge features of its growing banking products
services in terms of providing conveniently-located
and services. One example is the benefit of Bank
payment points for electricity bills, but also provides
Bukopin’s ATM (Automatic Teller Machine) Card
business opportunities to community members who
that can be used in all ATM terminals throughout
are interested in opening a Bukopin PPOB outlet.
Indonesia, that belongs to the networks of ATM
These outlets also contribute to an increase of the
Bersama, ATM ALTO and ATM BCA/Prima free-of-
Bank’s fee-based income, not to mention the benefits
charge without restrictive condition. The ability to
derive from the funding aspect of business. As of
access these ATM networks is not readily available
year-end 2008, more than 3,500 Bank Bukopin PPOB
to ATM cards issued by other banks. The benefits of
outlets were in operations.
Bank Bukopin’s technology are also enjoyed by Bank
Bukopin customers with the many features of the
Bank’s ATM services.
6
Bank Bukopin ANNUAL REPORT 2008
Business-to-Business Cooperation with Advanced
Comprehensive Banking Services Supported by
Technology
Reliable Banking Technology
Bank Bukopin’s expertise in technology also
Bank Bukopin has progressed rapidly in the
contributed to providing effective solutions, as implied
development of its banking business in the three
in the Bank’s motto, Bank Bukopin “Understands
main segment pillars of the MSMEC, Consumer and
and Provides Solutions.” Custom–made technology
Commercial segments. Bank Bukopin’s progress in
applications play an important role in a variety of
the Consumer Banking has been significant. The same
successful collaborations between Bank Bukopin and
rapid progress is also evident in the MSMEC segment,
business partners whether corporations or institutions.
marked by a rapid increase of lending to this segment,
Some of these co-operations are undertaken with
as well as in the Commercial segment whereby
public service companies from both the private
Bank Bukopin has increase lending for infrastructure
and public sectors. The service comprises of cash
projects such as the development of power plants, and
management services for the collaborating party,
toll roads. Additionally, Bank Bukopin has made major
involving management of cash flows as well as
inroads to certain business sectors that demonstrated
payment services to end customers of the collaborating
dynamic growth such as healthcare services,
party. Other forms of B2B cooperation that are
plantations, mining and trade. These progresses
supported by reliable banking technology include
can only be achieved with the support of a reliable
cash management services that have been increasingly
banking information technology.
relied upon by several leading companies and
government agencies in Indonesia.
Bank Bukopin ANNUAL REPORT 2008
7
Company
Profile
B
ank Bukopin was established on 10 July 1970 as a bank that focuses on
the Micro, Small, Medium-scale Enterprises and Cooperatives (MSMEC)
segment. After almost four decades, Bank Bukopin has grown and
evolved to become one of the leading banks in Indonesia with total assets of
Rp32,633 billion as at year-end 2008.
In addition to the MSMEC Banking segment, which in 2008 has been divided
into the Micro Banking segment and the Small, Medium-scale Enterprises and
Cooperatives Banking segment, Bank Bukopin also serves the Consumer Banking
segment and Commercial Banking segment. The MSMEC Banking segment
is where most of Bank Bukopin loans are currently disbursed channeled. The
Consumer Banking segment, which primarily comprises of individual customers
in major cities in Indonesia, represents the segment in which Bank Bukopin
raises most of its third party funds. Whereas the Commercial Banking segment is
where Bank Bukopin strikes a balance between lending and funding.
These three segments constitute the pillars of Bank Bukopin’s businesses, that are
served either conventionally or based on the sharia principles, and supported
by an advanced fund management system, reliable information technology,
competent human resources, and the implementation of good corporate
governance.
As at year-end 2008, Bank Bukopin’s operations are supported by 327 branch
offices, including Payment Points and Pick-up Services, spread across 22
provinces throughout most of Indonesia, and supported as well by 333 Bukopin
ATM that are linked with more than 20,000 ATM nationwide and more than
500,000 ATM worldwide through the Plus and Visa International networks
respectively. Bukopin ATM card holders can withdraw fund from any ATM of any
8
Bank Bukopin ANNUAL REPORT 2008
bank in Indonesia that belongs to the networks of ATM Plus, ATM Bersama, ATM
ALTO and ATM BCA Prima, free-of-charge and without restrictive conditions.
Bank Bukopin’s branch network is connected real-time and on-line through a
reliable information technology system that allows Bank Bukopin to offer the
latest banking services.
In addition to the extensive network of branch offices, Bank Bukopin has also
built a savings and loans network for micro businesses called “Swamitra”. A
network that involves the role of active micro businesses in rural economies
and traditional markets. Established in 1998, Swamitra has since grown into a
network that consists of 621 outlets by end of 2008, of which 464 outlets have
been linked on-line.
In July 2006, Bank Bukopin listed its shares on the Indonesia Stock Exchange,
with ticker code of BBKP. With a capital based that is continuously strengthened
in line with the development of its business, risk management and internal
control that is continuously enhance, product and service developments
that are innovatively design to meet market needs, human capital that are
developed continuously, and service quality enhancement that exceeds customer
expectation, Bank Bukopin is poised to achieve sustainable long-term growth.
Bank Bukopin ANNUAL REPORT 2008
9
Milestones
1970
Bank Umum Koperasi Indonesia (BUKOPIN) was founded
with the legal status of a Cooperative
1986 - 1987
Bukopin merged with several banks
under the same legal status of Cooperative
1989
A change of name from Bukopin to Bank Bukopin
1993
Bank Bukopin changed its legal status to that of a limited liability company
under the name of PT Bank Bukopin
1996
Received permit as a Foreign Exchange Bank
1999
Entered into the Bank Recapitalisation Program
2001
• Inauguration of first sharia branch
• The first Bank to exit from Bank Recapitalisation Program
2003
Issuance of Series A Bonds, Series B Subordinated Bonds and the Sharia Mudharabah Bonds
2006
• Became a publicly-listed Bank
• Acquisition of 24,73% shares of PT Bank Syariah Bukopin (formerly PT Bank Persyarikatan Indonesia)
• Acquisition of the shares of PT Bukopin Finance (formerly PT Indo Trans Buana Multi Finance)
2008
Additional acquisition of the shares of PT Bank Syariah Bukopin, bringing the total stakes to 65,44%
10
Bank Bukopin ANNUAL REPORT 2008
Achievement
and Certificate
Call Center Award (CCA) 2008 for Service
Excellence, for “Very Good” Service
Performance
12 March 2008
Award for the Archive Field
19 May 2008
The National Archive of the Republic of
Indonesia
Marketing Magazine
Award for “2nd Best SMS Banking”
Award for “Overall Best Performance”
14 May 2008
14 May 2008
InfoBank in Banking Service Excellence
Banking Service Excellence Award 2008
Award 2008
Award for “2nd Best Teller Commercial
Bank”
Bank with Innovative home mortgage
loan that always provides a solution
14 May 2008
29 May 2008
Banking Service Excellence Awards 2008,
Indonesia Property Award & Bank Award
InfoBank
2008
Award for “8th Best Overall
Performance“ in the category of
commercial bank
Award for Convenient Islamic Bank ATM
10 May 2008
KARIM Business Consulting
14 May 2008
Banking Service Excellence Awards 2008,
InfoBank
Golden Trophy 2008, for “Excellent”
financial performance 2003-2007
16 July 2008
InfoBank Award 2008
Rating
PEFINDO, Jakarta 2008
Validity
Company Rating
id A -
Series B Subordinated Bonds of 2003
id BBB+
Series A Bonds Year 2003
id A -
Sharia Mudharabah Bonds of 2003
id A - Sy
31 July 2007 to 1 July 2008
31 July 2007 to 10 July 2008
Bank Bukopin ANNUAL REPORT 2008
11
Significant
Events in 2008
January
March
16/01/2008 Signing of working agreement between
06/03/2008 Bank Bukopin held the Extraordinary
Bank Bukopin and PLN West Java and Banten
Distribution for electricity bill payment through PPOB
and payment for prepaid electricity top-up.
General Meeting of Shareholders, in which one of
the agenda was the approval of additional share
ownership in PT Bank Persyarikatan Indonesia (BPI).
20/01/2008 Signing of working agreement between
12/03/2008 Bank Bukopin received the “Call Center
the Sharia Division of Bank Bukopin and Panin Bank
in the management of the Bukopin Syariah Insurance
Savings Plan.
Award 2008 for Service Excellence”, for the ‘Halo
Bukopin’ service in the category of ‘Good’ Service
Performance.
20/01/2008 Signing of working agreement with four
25/03/2008 Signing of working agreement between
National Sharia Bank for a syndicated financing in the
amount of Rp525 billion for PT Citra Sari Makmur.
27/01/2008 Bank Bukopin participated in the “Ayo
ke Bank” Campaign at Silang Monas-Jakarta. The
campaign is one of the banking education programs of
Bank Indonesia.
30/01/2008 Bank Bukopin signed a working
agreement with Bapertarum, Bank BTN, Bank BNI,
and Bank Bumiputera for the channeling of the PUM
(down payment loan) facility for the home mortgage,
Sarusun.
February
20/02/2008 Signing of working agreement between
Bank Bukopin and the Directorate General of Debt
Administration, Ministry of Finance of the Republic of
Indonesia on the appointment of Bank Bukopin as a
selling agent for ORI 004 held at Prijadi Praptosuharjo
Building.
22/02/2008 Signing of working agreement between
Bank Bukopin and DPN MAI on the development
of Swamitra held at the Ministry of State Owned
Enterprise Office.
12
Bank Bukopin ANNUAL REPORT 2008
Bank Bukopin and four regional development banks
(BPD East Java, Bank DKI, BPD East Kalimantan and
BPD West Kalimantan) in the syndicated financing for
PT Equator Manunggal Power (EMP) in the amount of
Rp365 billion.
April
15/04/2008 Signing of working agreement between
Bank Bukopin and BPD East Kalimantan and
PT Gorontalo Energi on the syndicated project
financing of a 2x7 MW power plant in Gorontalo.
May
07/05/2008 Bank Bukopin participated in the
APCONEX exhibition 2008 with the theme of
“Towards a Less Cash Society” organized by Perbanas.
14/05/2008 Awarded the Service Excellence Award
2008, for the categories of Best Teller (Commercial
Bank), Best SMS Banking, Best Overall (Commercial
Bank).
19/05/2008 Bank Bukopin was awarded the
Archive Award for banking from the National Archive
of the Republic of Indonesia (ANRI), in its archive
management performance.
22/05/2008 Bank Bukopin held the Annual and
Extraordinary General Meeting of Shareholders for
2007, for the year ending on 31 December 2007.
30/07/2008 Bank Bukopin participated in the Small
and Medium Enterprise and Corporative (SMEsCO)
2008 exhibition at the Jakarta Convention Center.
29/05/2008 Bank Bukopin received an award from
the Ministry of Public Housing of the Republic of
Indonesia on the occasion of the 3rd Anniversary of
Property & Banking Award 2008.
August
June
04/06/2008 Bank Bukopin participated in the
Indonesia Ethnic Product Week 2008 exhibition at the
Jakarta Convention Center.
18/06/2008 Bank Bukopin launched the SiAga
Bukopin Bisnis Savings product that offers flexibility
and several innovative business features.
24/06/2008 Bank Bukopin launched the iB Sharia
Savings Plan product, which is a term savings program
that offers a competitive return rates on the savings.
July
10/07/2008 Bank Bukopin exercised a Call Option
or Buy Back of the entire series A Bank Bukopin Bonds
of 2003, the series B Bank Bukopin Subordinated
Bonds of 2003 and the Bank Bukopin Sharia
Mudharabah Bonds of 2003.
16/07/2008 Awarded the Info Bank Award for the
bank with a focused business activity in a particular
segment (Equity between Rp1 trillion and Rp10
trillion).
20/07/2008 Bank Bukopin held the 38th Bank
Bukopin Anniversary Golf Tournament at the Permata
Sentul Golf Course in Bogor.
04/08/2008 Bank Bukopin held an Analyst Meeting,
presenting the Bank’s financial result for the first
semester of the year.
27/08/2008 Bank Bukopin inaugurated the Darus
Sa’adah dormitory. The dormitory represents one
of Bank Bukopin’s CSR programs in support of
orphanages and those living below the poverty line.
September
20/09/2008 Bank Bukopin organised “Sahur on the
Road” during the month of Ramadhan 1429.
October
31/10/2008 Bank Bukopin launched the savings
program named “Voucher Smash Wokeee…!!!” and
the prize draw for the New BMW 320i, fourth period.
November
13/11/2008 Bank Bukopin held a Public Expose on
3Q 2008 operating results.
December
11/12/2008 Bank Bukopin launched the operations
of Bank Syariah Bukopin at Hotel Grand Melia.
18/12/2008 Bank Bukopin participated in the 2008
Mutumanikam Nusantara Exhibition at the Jakarta
Convention Center.
29/07/2008 Bank Bukopin together with BRI,
BNI and Bank Mega signed a syndicated financing
agreement for the development of 13 power plants in
Indonesia in line with 10,000 MW program (PLN fast
track program).
Bank Bukopin ANNUAL REPORT 2008
13
Financial
Highlights
2008
(in billion Rupiah, except the percentage)
Balance Sheet Consolidated
Total Assets
Deposits :
Demand Deposits
Savings Deposits
Time Deposits
Earning Assets**
Loans
Shareholder’s Equities
32,633
27,521
5,776
4,124
17,621
33,589
23,042
2,163
2007
2006
34,446
29,292
8,849
2,973
17,470
32,481
19,148
1,965
31,556
24,885
8,295
2,002
14,588
29,237
14,583
1,668
2005
2004
24,684
20,188
7,701
1,728
10,760
22,107
13,821
1,193
18,415
15,237
5,160
1,751
8,325
17,317
12,977
1,042
1,468
1,288
1,227
1,023
309
266
170
109
(85)
(33)
(145)
(20)
1
(1)
(19)
(1)
(4)
(11)
-
-
(18)
5
9
(14)
(1,118)
(986)
(812)
(272)
(2)
15
30
6
551
544
460
375
369
375
315
256
898
94
Statement of Income
Interest and Sharia Incomes - Net
Other Operational Incomes
Reversal of Provision (expenses) of
Productive Assets Depreciation
Reversal of Provision (expenses) of Possible
Losses on Commitment and Contingencies – Net
Reversal of Provision (expenses) of
Non-productive Assets Depreciation - Net
Gain (losses) from increase (decrease)
In Securities Value Trading - Net
Other Operating Expenses
Non-operational Income (Expenses) - Net
Income before tax
Net income
(67)
10
8
(622)
(14)
306
210
Financial Ratio (Bank only, without Subsidiaries) (%)
Loan to Deposit Ratio (LDR)
Capital Adequacy Ratio (CAR) by calculating
the credit risk and market risk***
Return on Assets (ROA)
Return on Equities (ROE)
Non-performing Loan (NPL) Ratio - gross****
Net Interest Margin (NIM)
*
83.60
65.26
58.86
68.39
11.20
12.84
15.79
13.08
1.66
1.63
1.85
2.09
18.80
22.34
22.14
25.35
4.87
3.57
3.71
3.37
4.80
4.27
5.18
6.05
The financial highlights of 2007 and 2008 are taken from Consolidated Financial
Report of PT Bank Bukopin Tbk and its Subsidiary.
** Earning Assets to include Letter of Credit and Bank Guarantee.
*** Capital Adequacy Ratio (CAR) by calculating the credit risk and market risk for the
year 2004 to 2008.
**** Non-performing Loan ratio include credit to other banks.
14
Bank Bukopin ANNUAL REPORT 2008
85.13
15.09
1.91
22.82
3.43
5.35
Total Assets
Productive Assets
(In billion Rupiah)
(In billion Rupiah)
34,446
31,556
32,481
32,633
33,589
29,237
24,684
22,107
17,317
18,415
2004
2005
2006
2007
2008
Net Interest and Sharia Incomes
2004
2005
2006
(In billion Rupiah)
1,468
898
2008
Net Income
(In billion Rupiah)
1,227
2007
375
1,288
369
315
1,023
256
210
2004
2005
2006
2007
2008
2004
2005
2006
2007
2008
Bank Bukopin ANNUAL REPORT 2008
15
Stock
Highlights
Rp
Points
30,000,000
14,000,000,000
12,000,000,000
25,000,000
10,000,000,000
20,000,000
8,000,000,000
15,000,000
6,000,000,000
10,000,000
4,000,000,000
5,000,000
2,000,000,000
01
02
03
04
05
06
07
08
09
10
11
Price
Volume
12
Sources of data : IDX
Ticker Symbol : BBKP
Share Price
(Rupiah)
2008
Q1
Q3
Q4
Q1
Q2
Q3
Q4
Highest
550
480
415
320
730
670
600
610
Lowest
350
370
275
164
570
570
420
510
Closed
420
400
335
185
590
590
590
560
155,637
204,268
193,818
120,966
570,549
790,490
787,907
421,234
71,223
127,016
74,017
24,849
368,915
499,726
449,455
241,416
Transaction
Volume
(thousand)
Transaction Value
(million Rupiah)
16
Q2
2007
Bank Bukopin ANNUAL REPORT 2008
Shareholders
Composition
Shareholder’s Composition per 31 December 2008
Types of Share & Shareholders
A- Series Shares
Amount of A-Series Share
Ownership
Percentage (%)
Amount of
Shares
21,337,978
0.37
B- Series Shares
1. Kopelindo (Indonesian Cooperative Union of Bulog Employees)
2,327,819,153
40.47
2. The State of the Republic of Indonesia
1,034,232,376
18.10
3. Yabinstra Bulog (Bulog Employee Welfare Foundation)
687,385,206
12.03
4. Kopkapindo (Indonesian Timber Cooperative Union)
399,559,599
6.99
5. Inkud (Principal Cooperative Union of Village Unit)
209,379,638
3.66
6. KKBJ (Bank Bukopin Jakarta Employee Cooperative Union)
118,921,111
2.08
Cooperative and Small Enterprise Guidance)
1,840,464
0.03
8. Kopel (Bulog Employee Cooperative Union)
7,653,110
0.13
9. GKBI (Federation of Indonesian Batik Cooperative Union)
4,053,287
0.07
10. Inkopkar (Principal Cooperative Union of the Employees)
3,098,097
0.05
11. Inkopad (Principal Cooperative Union of the National Army)
2,842,597
0.05
12. Inkoppol (Principal Cooperative Union of the National Police)
2,727,686
0.05
13. Inkoveri (Principal Cooperative Union of the Indonesian Veterans)
2,685,285
0.05
14. IKPI ( Principal Cooperative Union of the Indonesian Fisheries)
2,609,085
0.05
15. Inkopal (Principal Cooperative Union of the Indonesian Navy)
2,333,527
0.04
16. Inkopau (Principal Cooperative Union of the Indonesian Air Force)
1,992,215
0.04
17. Kopindo (Indonesian Youth Cooperative Union)
1,053,883
0.02
885,424
0.02
Armed Forces)
591,657
0.01
20. Puskopelra (Cooperative Union of People’s Shipping)
587,723
0.01
21. GKSI (Federation of Indonesian Milk Cooperative Union)
330,927
0.01
879,939,000
15.40
Amount of B-Series Share
5,692,521,050
99.63
Total Shares
5,713,859,028
100.00
7. KPDK ( Employee Cooperative Union of the Department of
18. Inkoppabri (Principal Cooperative Union of the Retired Armed
Forces)
19. Inkoptama (Principal Cooperative Union of the Retired Women
22. Public (each ownership under 5%)
Bank Bukopin ANNUAL REPORT 2008
17
Composition Share of Ownership Bank Bukopin by the Board of Commissioners
and the Board of Directors as 31 December 2008
NAME of Directors/
Commissioners
NO.
DirectorS/
Commissioners/ Families
Total Shares
in BANK
TYPES OF SHARES & AMOUNT OF
COLLECTIVE SHARES
CLASS
SERIES
NUMBER
DATE OF
PURCHASE
(Rp)
OTHER
INFORMATION
(%)
1
SAEAN ACHMADY
President Commissioner
5,959,500
B
-
-
-
0.104
2
ANDI CHAERUDDIN MUHAMMAD
Commissioner
2,068,000
B
-
-
-
0.036
3
BOEDIARSO TEGUH WIDODO
Commissioner
2,068,000
B
-
-
-
0.036
4
SYAMSUL EFFENDI
INDEPENDENT Commissioner
-
-
-
-
-
-
5
SUTRISNO IWANTONO
INDEPENDENT Commissioner
-
-
-
-
-
-
6
YOYOK SUNARYO
INDEPENDENT Commissioner
-
-
-
-
-
-
7
GLEN GLENARDI
President Director
851,000
B
-
-
-
0.015
8
TRI JOKO PRIHANTO
Director
2,875,500
B
-
-
-
0.050
9
AGUS HERNAWAN
Director
2,631,000
B
-
-
-
0.046
10
SUNARYONO
Director
3,592,000
B
-
-
-
0.063
11
SULISTYOHADI DS
Director
3,342,000
B
-
-
-
0.058
12
MIKROWA KIRANA
Director
793,000
B
-
-
-
0.014
13
LAMIRA SEPTINI PARWEDI
Director
1,252,000
B
-
-
-
0.022
Total
25,432,000
0.445
Jakarta, 31 December 2008
PT BANK BUKOPIN Tbk
Glen Glenardi
President Director
18
Bank Bukopin ANNUAL REPORT 2008
Dividend Policy
Dividend is paid under the resolution of
In the Annual GMS for the year ending 31 December
General Meeting of Shareholders (GMS) at the
2007 (on 22 May 2008), having reviewed Bank
recommendation of the Board of Directors. Pursuant
Bukopin’s performance for the period of 2007, the
to the Articles of Association of Bank Bukopin, if
shareholders approved to distribute cash dividend of
the Bank Bukopin recorded net income on each
50.0% from net profit or a total of Rp187 billion. The
fiscal year, Bank Bukopin may distribute dividend to
dividend has been paid on 1 July 2008.
the shareholders based on the Board of Directors’
Pursuant to the resolution of the Extraordinary
recommendation and approval from the GMS.
General Meeting of Shareholders dated 20 April 2005,
Since 2002, Bank Bukopin has distributed cash
Bank Bukopin set up the ratio for determined cash
dividends for 6 (six) times. The table below sets forth
dividend of 30.0% - 50.0% from net profit of the
the dividends payments between financial years 2002
year. Distribution of dividend, however, subject to the
and 2007.
financial performance and condition of Bank Bukopin.
List of Cash Dividend Distribution for Fiscal Years 2002 – 2007 to the Shareholders of
PT Bank Bukopin Tbk
Amount (Rp)
Dividend per Share
(Rp)
No
Fiscal Year
Date of Payment
1
2002
13,867,869,948.80
11.3
5 August 2003
2
2003
53,927,901,646.11
11.3
16 July 2004
3
2004
105,225,476,000.00
22.0
18 May 2005
4
2005
115,503,834,914.00
24.2
29 May 2006
5
2006
126,086,558,665.00
22.4
29 June 2007
6
2007
187,563,173,068.82
32.8
1 July 2008
The Chronology of Shares Listing and Information
Initial Public Offering
Effective date of Share Listing
10 July 2006
Nominal Value per Common Share of Class B
Rp100
Price of Public Offering
Rp350
Amount of Public Offering (number of shares)
Proceeds of IPO
843,765,500
Rp295,317,925,000
Bank Bukopin ANNUAL REPORT 2008
19
Message from
the President Commissioner
Board of Commissioners
“The
considers these accomplishments
as the result of the hard work of
Management and employees of
the Bank, and also reflect upon
the solid teamwork within Bank
Bukopin, in addition to the trust
that has been obtained by the
Bank from its stakeholders.
“
Saean Achmady
20
Bank Bukopin ANNUAL REPORT 2008
President Commissioner
E
ntering 2008, the global economy still
indicated a promising growth momentum.
Although the financial crisis and stock
market crash in the United States (US) that
had eventually spread across the world, which
initially started from the US subprime mortgage
crisis in the Summer of 2007, the global
economy still continued to thrive during the first
half of 2008. The prices of several Indonesian
main commodities, such as oil, natural gas,
coal and tin, as well as various produce from
plantations and agriculture, such as palm
and palm-oil, rubber, cocoa, corn and other
produce even reached their highest records.
These conditions were beneficial to Indonesia,
especially viewed from the perspectives of its
sustainable national economic growth.
of 2008, the pace of growth of Indonesia’s GDP
was still on track to surpass 7% – the minimum
level of economic growth needed to sustain job
creation that would be able to absorb additional
people entering the labor force each year.
The Indonesian economy had been expected
to surpass a Gross Domestic Product (GDP)
growth of 7% in 2008, encouraged by the high
commodity prices in global markets, strong
export volume, as well as robust local markets,
which were able to absorb the increasing public
purchasing power. By the end of the third quarter
Indonesia began to feel to the effects of the crisis
in September 2008, which were marked, among
other things, by a tightening liquidity of foreign
currencies, especially the US dollar, a tightening
liquidity of the Rupiah as well, and a sharp
decline in the demand of global export markets.
However, the US financial crisis and stock
market crash in the second half of 2008, which
quickly spread across the world, had reduced the
rapid pace of economic growth. Since July 2008,
the prices of the world’s major commodities
had fallen in line with the plummeting oil
price, which fell from USD148 per barrel to
below USD40 per barrel by the end of 2008.
The extreme drop was also experienced by the
value of equities in stock markets throughout the
world.
Bank Bukopin ANNUAL REPORT 2008
21
In order to mitigate the broader effects of the
crisis, the Indonesian Government and Bank
Indonesia took several mitigating measures.
So far, these measures succeeded in stabilising
macro-economic conditions in the country.
For instance, the benchmark Bank Indonesia
interest rates were lowered from its peak of
13.0% in 2008 to 8.5% by the end of the year,
just 0.25% shy from 8.25% that prevailed at
the end of 2007. Inflation had been relatively
controlled, reaching an average rate of 11.1%
in 2008, compared to 6.59% in 2007. Although
the Rupiah fell under heavy pressure during
the second half of the year, from a global
banking crisis that took out virtually all of US
dollar liquidity from the market, the interest
rate policies of Bank Indonesia succeeded in
suppressing the volatility of the rupiah exchange
rate, which subsequently moved in the range
of Rp11,000 to Rp12,000 to the US dollar by
December 2008, as opposed to the wider trading
band of Rp9,500 to Rp13,500 that had prevailed
in the fourth quarter of 2008.
22
Bank Bukopin ANNUAL REPORT 2008
Nevertheless, several other main macroeconomic indicators also reflected the crisis;
including the decline of the nation’s foreign
currency reserves from approximately
USD57 billion at year-end 2007 to approximately
USD52 billion a year after, as well as the current
account deficit that is likely to grow, especially
with the likelihood of the financial stimulus that
has been and will continue to be undertaken by
the Government in order to mitigate the effects
of a prolonged global financial crisis. In line
with all of these developments, the Indonesian
economic growth in terms of its GDP growth,
declined from 6.3% in 2007 to 6.1% in 2008.
Against the backdrop of a non conducive global
economy, the national banking sector was still
able grow impressively. The aggregate banking
credit rose by 29,4% to Rp1,353.6 trillion, while
third party deposits grew by 16,0% to
Rp1,753.3 trillion. This underscored the
soundness of the nation’s banking sector in
general, as well as its solid foundation, based on
certain key ratios such as Capital Adequacy Ratio
(CAR), Non Performing Loan (NPL) and others.
In 2008, Bank Bukopin once again posted an
encouraging performance, generating total net
interest income of Rp1,468 billion and income
before tax of Rp551 billion. These constitute
growths of 14% and 1%, respectively, from the
corresponding accounts in 2007.
The implementation of GCG at Bank Bukopin
remains a key focus of the oversight of the Board
of Commissioners, and thus far, the Board of
Commissioners continues to note considerable
improvement in the implementation of GCG
from one year to another.
The Board of Commissioners considers these
accomplishments as the result of the hard work
of Management and employees of the Bank,
reflecting also upon the solid teamwork within
Bank Bukopin, in addition to the trust that has
been obtained by the Bank from its stakeholders.
Once again, the Board of Commissioners
would like to re-express our appreciation to the
Management’s achievement in implementing the
corporate strategy set forth in the Bank’s five-year
corporate plan, which is further described and
conducted as the annual corporate budget work
plan.
The success of Bank Bukopin in achieving and
maintaining an adequate level of growth and
profitability is also supported by a clear vision
and sharp business strategy of the Bank. Such
vision and strategy have been well executed
by the Bank in its daily banking operations,
founded upon the Good Corporate Governance
(GCG) principles of transparency, accountability,
responsibility, independence and fairness.
Yet, we will never desist from reminding the
Management to be consistently cautious and
prudent in managing the Bank. This is moreover
important during the global financial crisis,
which would be a great challenge to the
national economy, including and especially
to the banking industry. The principles of
GCG implemented by Bank Bukopin shall be
continuously one of the backbones of the Bank’s
growth in the future.
Bank Bukopin ANNUAL REPORT 2008
23
From left to right
Yoyok Sunaryo
Boediarso Teguh Widodo
Sutrisno Iwantono
Saean Achmady
Andi Chaeruddin Muhammad *)
Syamsul Effendi
Independent Commissioner
President Commissioner
Commissioner
Commissioner
*) Passed away on 15 March 2009
24
Bank Bukopin ANNUAL REPORT 2008
Independent Commissioner
Independent Commissioner
“The success of Bank Bukopin in achieving and
maintaining an adequate level of growth and
profitability is also supported by a clear vision
and sharp business strategy of the Bank”
On 15 March 2009, during the preparation of
this Annual Report, the whole staffs of Bank
Bukopin mourn the departing Andi Chaeruddin
Muhammad, who served as the Bank’s
commissioner since June 2001. Bank Bukopin
expresses its condolences to the family, hoping
that his spirit may rest in peace.
On behalf of the Board of Commissioners, allow
me to express our gratitude for the hard work
of the Management and the high dedication
of the whole employees in carrying out their
duties. High appreciation is also expressed to
all stakeholders, including the Bank’s business
partners, for the trust and cooperation allowing
Bank Bukopin to continuously grow in delivering
its best value.
Saean Achmady
President Commissioner
Bank Bukopin ANNUAL REPORT 2008
25
Director’s
Report
the year ending on
“For
31 December 2008, Bank
Bukopin gained a net interest
income and sharia margin
amounting to Rp1,468 billion,
while its net income before
taxes reached Rp551 billion.
“
Glen Glenardi
President Director
26
Bank Bukopin ANNUAL REPORT 2008
W
ith the grace of God Almighty and
strengthened by the teamwork and
determination of all personnel of the
Bank, Bank Bukopin succeeded in building an
even stronger foundation and achieved sterling
results in 2008. This enabled the Bank to maintain
its momentum of sustainable long-term growth in
accordance with the mandate of its shareholders and
other stakeholders.
Our growing profitability reflects a promising
growth trend, despite the less-than-conducive macro
economic conditions that had prevailed in 2008.
This growth was supported by the Bank’s growing
net interest income, in addition to the increase of
other operating income by 16% to Rp309 billion.
This indicates the profitability of the Bank in a sound
level, supported by the effective funding budget
control.
Since becoming a publicly held Bank with the
listing of its shares on the Indonesia Stock Exchange
(formerly Jakarta Stock Exchange and Surabaya Stock
Exchange) in 2006, Bank Bukopin has continued
to grow its deposits and earning assets strategically
and cautiously. The business strategy of the Bank
has enabled it to fully utilise its key advantages, and
capitalise on market opportunities. This strategy is
anchored upon to the Bank’s long-term development
blueprint, providing a clear aim and direction
towards the business goals and objectives that need
to be achieved from one year to another.
Bank Bukopin consistently focused to continue
enhancing its intermediating role, reflected from
the total channelled loans by year-end of 2008,
amounting to Rp23,042 billion or increased by
20% from Rp19,148 billion during the same period
previous year. The credit channelling is concentrated
to the economic sectors which long since become
the strong assets of the Bank, in addition to bearing
strategic value to the national interests and economic
growth and social welfare. These are such as the
agriculture and plantation, energy and transportation,
infrastructure, health facilities, as well as the
enterprises supporting the national food security, the
empowerment of small and medium enterprises and
community self-reliance activities such as Swamitra.
For the year ending on 31 December 2008, Bank
Bukopin posted a net interest income and sharia
margin amounting to Rp1,468 billion and income
before tax of Rp551 billion.
Bank Bukopin ANNUAL REPORT 2008
27
Emerged in the history of its establishment as a
bank formed by cooperative movement, Bank
Bukopin grows to be an enterprise that appreciates
the needs of grass-root economy vital for most
of the population, other than as the backbone of
national economy. Provided by this wholehearted
understanding, Bank Bukopin is able to offer unique
solutions to most of its costumers of micro, small,
medium and cooperative business banking segments.
On the other hand, Bank Bukopin also understands
and provides solution to costumers from consumer
banking segment. Those various solutions is
packaged and supported by the development and
implementation of expeditious banking technology
making the Bank as a unique provider. The
technology advancement allows the customers of
Bank Bukopin to use ATM Bukopin in many banks’
automatic teller machines (ATM) under the network
of ATM BCA Prima, ALTO, ATM Bersama and PLUS
without any charge and terms. In addition, they also
can enjoy the benefits of modern consumer banking
services equivalent to any bank service in Indonesia,
from the service network, service quality, easiness
and convenience. All of these enable Bank Bukopin
to be an expert in the micro, small, medium and
cooperative business. The Bank has also emerged to
be recognised in consumer banking segment as the
main source for long-term funding programme.
Supporting the penetration in the keenly performed
banking business segment, Bank Bukopin by the end
of 2008 has service network of 327 offices, including
payment point and pick up service, distributed in 22
provinces, supported by 333 ATMs as part of more
than 20,000 national network ATM and more than
28
Bank Bukopin ANNUAL REPORT 2008
500,000 ATMs PLUS and Visa International around
the world, where cash can be withdrawn from
any bank’s ATM without charge. The Bank’s offices
have also been connected in one real time online
network.
The network is exclusive of the Swamitra network,
a save-credit network for small, medium and
cooperative enterprises developed by the Bank since
the end of 1998 to response to the Asian financial
crisis. By the end of 2008, Swamitra network has
increased to become 621 outlets, with 464 outlets
having online connection.
From the financial ratio aspect, Bank Bukopin has
succeeded to maintain the ratios encouraging the
soundness of the Bank’s financial in accordance to
the prevailing regulations. The condition is sought
amidst the pressure in the banking industry affected
by the global financial crisis imperilling the world
economic growth in 2009, including Indonesia.
After calculating the loans and market risks, the
Capital Adequacy Ratio (CAR) was slightly lower
than previous year, 11.20% compared to 2007 of
12.84%. The Return on Assets (ROA) increased from
1.63% in 2007 to 1.66% in 2008; while Return on
Equity (ROE) reached 18.80%, lower than the same
period of time in 2007. Loan to Deposit Ratio (LDR)
noted a rise from 65.26% in 2007 to 83.60% in
2008. While the gross Non Performing Loan ratio
experienced low increase by 4.87%, it could still be
suppressed below the Bank Indonesia regulation of
5%. This value was moderately higher than of 2007
by 3.57%. Nevertheless, we are certain that we can
solve and reduce the NPL ratio by implementing
accurate recovery steps for each debtor.
In addition to achieving a pretty well performance,
amidst the increasingly stronger banking
competition, Bank Bukopin continuously improves
its service quality. Among others is by the continuing
implementation of six-step growth strategy, consisting
of: focus to the mastered business segments,
reorganisation, revitalisation of branches and service
quality, sustainable human resource improvement,
the implementation of Good Corporate Governance
(GCG) through the stringent and effective
enforcement of regulations and work procedure,
as well as the effort to enhance the banking service
resulting in liability-based income.
Facing the banking condition, which more or less
will be affected by the global recession in 2009,
Bank Bukopin has been vigilant on the functions of
its corporate governance, risk management and the
internal control. Bank Bukopin adhere to banking
regulations and procedures, uphold the GCG
principles consisting of transparency, accountability,
responsibility, independence and fairness, as well as
continuously activate the role of various committees
in the Bank’s important decision making, including
Audit Committee, Remuneration and Nomination
Committee and Risk Management Committee.
The implementation of risk management all
down the line of organisation and transaction is
conducted through a comprehensive management
of market, liquidity and operational risks, directed
to the implementation of risk management as
recommended by Basel II. Bank Bukopin also
continuously refines its risk management information
system related to the implementation of business
operational automation, which is comprised
of review activities of various regulations to be
in accordance with the international banking
principles.
It is inescapable that 2009 will put the resilience of
national banking sector to the test. Bank Bukopin
has prepared some anticipating steps to prevent the
worst possibility. Some of the steps are among others
to limit the loan growth only to selective financing,
toughly monitor the non performing productive
assets as well as to seek for early prevention, and
control the capital expenditure adjusted to the needs.
Entering 2009, Bank Indonesia has issued a
nine-step policy that essentially provides a respite
for the banking sector in responding to the effect of
global economic recession. The policy, particularly
concerning the respite of weighed risk calculation of
loans for small and medium enterprises, will support
the Bank in conducting its intermediating function.
We appreciate Bank Indonesia’s steps and will seek
to maximise our efforts and resources to remain as
the bank that can be relied upon in the situation
even less profitable.
On this occasion, we would like to report that no
change has occurred in the membership of the
Board of Directors of Bank Bukopin during the year
reported, thus we are certain that the Bank will
be able to proceed its sustainable development
programme.
Bank Bukopin ANNUAL REPORT 2008
29
From Left to Right
Mikrowa Kirana
Sunaryono
Lamira Septini Parwedi
Tri Joko Prihanto
Agus Hernawan
Sulistyohadi DS
Director
Director
30
Director
Director
Bank Bukopin ANNUAL REPORT 2008
Director
Director
Glen Glenardi
President Director
“Entering 2009, Bank Indonesia has issued a ninestep policy that essentially provides a respite for
the banking sector in responding to the effect of
global economic recession.”
Lastly, on behalf of the entire Board of Directors,
I wish to convey our appreciation to all the
customers and the community for their support and
trust bestowed upon us all this time. We express our
high gratitude to the Government, Shareholders,
Board of Commissioners, Sharia Board of Supervisors
and all business partners who share their similar
roles in promoting Bank Bukopin. Special thanks I do
not forget to tell all employees on their around-theclock contribution, dedication and professionalism
in developing Bank Bukopin.
Let us all face 2009 with relinquishment, wise
attitude and assertiveness, and always be grateful to
God Almighty.
Glen Glenardi
President Director
Bank Bukopin ANNUAL REPORT 2008
31
Sharp
&
Sharp &
Strategic
Strategic
Bank Bukopin has since the beginning
operated with a sharp focus and a clear
vision, thus enabling the Bank to take
strategic steps in its efforts to fulfil the
varying needs of different markets from
one segment to another.
“Bank Bukopin understands and
provides solutions”, has been the motto
of Bank Bukopin that has long been the
foundation of the Bank’s successes and
sustainable long-term growth.
Armed with the spirit and propensity
to listen and understand deeply the
needs of its customers, Bank Bukopin
constantly strives to seek for a better
solution, develop superior products and
provide services that are more satisfying
- as a manifestation of the banking
activities of Bank Bukopin which are
anchored upon its sharp and strategic
vision.
Directorate of Small, Medium-scale Enterprises and
Cooperatives [34] Directorate of Commercial Banking
[38] Directorate of Consumer Banking [42] Sharia
Division [46] Treasury Division [49] International
Banking Division [50] Micro Savings and Loans
Division [51] Human Resources [52] Directorate of
Distribution and Services [56]
Directorate of Small, Medium-scale
Enterprises and Cooperatives
A
n alliance that is rooted in our mission, care and core
competence.
Bank Bukopin’s competitive advantage in serving
In 2008, Bank Bukopin posted an increase in lending
the needs of Small, Medium-scale Enterprises and
to the SMEs and Cooperatives sector by 8% from
Cooperatives (SMEC) has positioned the Bank in a solid
Rp12,362 billion in 2007. Total Financing of SMEs and
footing as a bank that has a profound concern over
Cooperatives in 2008 reached Rp13,374 billion and
the development of SMEs and Cooperatives, while
contributed as much as 59% of the Bank’s total credit
also serving as one of the banks that is trusted by the
portfolio.
government to act as the implementing bank for the
channelling of loans to SMEC sector, especially for the
People Business Credit, KUR.
Contribution of the Directorate of SMEC to Bank Bukopin 2008 (Bank without Subsidiaries)
in billion Rp except percentage
9,482 (41%)
Credit
13,374 (59%)
Demand
Deposits
2,099 (36%)
3,668 (64%)
SMEC
34
Others
Bank Bukopin ANNUAL REPORT 2008
Third Party
Funds
Savings
Accounts
18,076 (66%)
9,269 (34%)
3,569 (94%)
247 (6%)
Deposits
12,107 (69%)
5,345 (31%)
Credit Growth (outstanding) of the Directorate of SMEC (Bank without Subsidiaries)
(in billion Rp)
15,000
12,362
13,374
12,000
9,000
8,303
8,029
9,152
6,000
3,000
0
2004 2005
2006
2007
2008
The significant growth of Bank Bukopin’s SMEs and
has earned Bank Bukopin a comprehensive and
Cooperatives in 2008 can not be separated from the
in-depth understanding of SMEs and Cooperatives
business focus and the implementation of a clear
businesses, making it easier for Bank Bukopin in
and effective policy in the development of SMEs and
providing the right, creative and innovative solutions
Cooperatives. The Bank’s business focus that has
as an underlining factor on the Company’s competitive
been consistently applied for almost four decades
advantages in the banking segment for SMEs and
Deposit Growth of the Directorate of SMEC
(Bank without Subsidiaries)
Cooperatives.
During 2008, the Directorate of SMEs and
Cooperatives consistently applied a business policy
(in billion Rp)
based on four strategic steps as follows:
a. Direct Marketing. Through the increased
acceleration of loans to SMEs and Cooperatives,
along with support for policies that focus more on
2007
2008
the segments and the types of businesses in each
region and branch offices.
b. Partnership and Strategic Alliance. Establish
cooperation with those parties who have identical
Demand Deposits
4,748 (40%)
Demand Deposits
3,668 (46%)
missions through the development of business
Saving Accounts
298 (2%)
Saving Accounts
247 (3%)
with SMEs and Cooperatives, such as professional
Deposits
5,273 (58%)
Deposits
5,345 (51%)
partnership network with organizations that deal
associations, local governments, state and regional
owned enterprises, in addition to developing a
business network that includes new outlets in
strategic locations across Indonesia.
Bank Bukopin ANNUAL REPORT 2008
35
c. Improved Service. Simplify the loan process
Bank Bukopin’s role in supporting the business of
with the support of sophisticated information
MSMEC also contributed towards achieving the
technology systems for fast and accurate service to
national food security program as one of the pillars of
borrowers and prospective borrowers.
economic growth and national stability of the Republic
d. Cross marketing towards Customer’s Chain
of Indonesia. Bank Bukopin’s role, which is in no
of Business. Perform profiling of customers,
way small, in the agriculture and plantation sector
suppliers and business partners who are involved
also includes financing of SMEs and Cooperatives as
in a business chain, so that the Company has an
links in a chain of national food security. This often
opportunity to offer banking products and services.
tests Bank Bukopin’s ability in pursuing the business
opportunities that demand creativity, innovation
The year 2008 was also marked by an encouraging
and extra effort in creating financing for SMEs and
progress on the performance of some Micro, Small-
Cooperatives as ‘bankable’ and therefore can be
scale, Medium Enterprise and Cooperative (MSMEC)
accounted for. The success of Bank Bukopin in the
new financing scheme that was launched in 2007,
SMEs and Cooperatives agriculture and plantations
such as the Contractor Services Credit and People
segments helps bolster the success of this Directorate
Business Credit that grew 20% and 626% respectively.
of SMEC as a whole.
These two schemes complement the set of products
and services for MSMEC financing that continue to be
developed and improved by Bank Bukopin, among
others, by utilizing the opportunities rolled out by the
Government through the President Instruction No. 6 of
2007 on “Policies to accelerate the development of the
real sector and the empowerment of MSMEC”, issued
through the Ministry of Cooperatives and SMEs.
36
Bank Bukopin ANNUAL REPORT 2008
2009 Forecast
In anticipation of the challenging conditions that are
Undoubtedly, 2009 will be a year full of challenges for
expected to prevail in 2009, in which most observers
the sustainability of national economic growth due to
are convinced that the year would not be as profitable
the impact of prolonged global economic recession.
as 2008, Bank Bukopin will tread carefully, and be
However, experience shows that the sector of SMEs
more selective and calculating in developing its
and Cooperatives in general has an extraordinary
business during the year.
resistance towards the fluctuations of the world
economy. This has encouraged Bank Bukopin to
improve services in the sector in order to secure the
probability of continued growth opportunities.
Both the government and Bank Indonesia has issued
various policies that essentially anticipate and
mitigate the impact of global economic recession
on the national economy. Most of these policies are
intended to keep the momentum of growth of SMEs
and Cooperatives, and enable banks to undertake their
financial intermediation in this sector. Bank Bukopin
has responded positively towards this policy and
continues to expand its MSMEC lending.
Bank Bukopin ANNUAL REPORT 2008
37
Directorate of
Commercial Banking
As a bank that also provides large scale lending, the
Our declining third-party funds generation in
role and function of the Directorate of Commercial
2008 notwithstanding, Bank Bukopin was able to
Banking are keys. An in-depth knowledge of the
counterbalance this decline by the collection of public
business segment being targeted, as well as the ability
funds through means other than savings, demand
to provide solutions for the financial requirements of
deposits or term deposits. This accumulation of funds
major corporations are the key factors that are relied
was done through transactional banking services such
upon by the Directorate of Commercial Banking in
as the Payment Point On Line Bank (PPOB) service for
pursuing its lending opportunities. On the other hand,
the payment of electricity bills, and the Bukopin Cash
the Directorate of Commercial Banking also place an
Management (BCM) service, both of which achieved
active role in generating third-party deposits from this
significant growth in 2008.
segment, coming from large corporations and stateowned companies that are reputable.
In parallel with the strategic and tactical business
development model of Bank Bukopin, the Head
In 2008, the Directorate of Commercial Banking
Office assumes total control over the operations of
posted encouraging results. Total disbursement of
Commercial Banking. This is to enable the branch
loans grew by approximately 46% in 2008, reaching
office network of Bank Bukopin to totally focus on the
Rp7,507 billion compared to Rp5,154 billion a year
MSMEC segment, and mainly in the larger cities, the
The Directorate of Commercial Banking plays a key role in Bank
Bukopin’s efforts to strike a balance between third-party deposits
and loans outstanding.
ago. However, in terms of funding, the total realized
Consumer Banking segment. This strategy has proved
amount of Rp9,951 billion in 2008 was still below
to be effective to the Banks’ penetration of its three
Rp13,466 billion that was achieved in 2007. This was
banking segments that are being served. Specifically
due to the redemption of deposits in large amounts
for the commercial segment, the centralization of
from a number of individual and corporate customers
the management of the Directorate of Commercial
in connection with the tightening financial liquidity as
Banking in the Head Office has been deemed to be a
a result of the global financial crisis that had started to
correct move. This can be seen by the increase in the
spread since the third quarter of 2008.
volume of commercial credit that as a whole is being
handled directly by divisional units of the Head Office.
38
Bank Bukopin ANNUAL REPORT 2008
Nevertheless, the development of the Directorate
The various primary activities of Directorate of
of Commercial Banking business is undertaken in
Commercial Banking in 2008, amongst others were:
accordance with the Bank’s policy in executing
- To help support the government program in
its business priorities, in that, the Directorate
of Commercial Banking is second in line to the
Directorate of SMEC for lending, and also second in
line to the Directorate of Consumer for funding.
successful developments through the financing of
Power Plants, Infrastructure and others.
- Develop and upgrade the service features of the
Bukopin Cash Management through cooperation
with a number of large customers.
Throughout 2008, Bank Bukopin continued to improve
- Develop and upgrade the service features of State
and strengthen the funding structure of the Directorate
Revenue Module as tools for payments of PBB
of Commercial Banking, including through increased
penetration of state-owned companies as well as major
(land and building taxes) and related BPHTB.
- Develop and upgrade Public Services (in
private corporations for funding products. To this end,
cooperation with partners and the development of
the Bank intensified its cooperation with third-party
the Technology aspects)
Another achievement by the
Directorate of Commercial
Banking in 2008 was
the increasing fee based
income that was derive from
transactional banking services.
as well as its product development initiatives, such
as by capitalizing on the Bukopin Cash Management
service, or making Bank Bukopin as the primary
Bank for the banking transaction of these corporate
- Work in tandem with Pertamina for the
implementation of Host to Host and training
application.
- Cooperate with PLN with respect to the 10,000
customers. The number of customers of this service
megawatt program and syndicated project
reach 263 corporations, both private and state-owned.
financing for the implementation of Tax on
Imported Goods.
- Organized workshops and trainings courses for
employees in the Directorate of Commercial
Banking.
Bank Bukopin ANNUAL REPORT 2008
39
40
Bank Bukopin ANNUAL REPORT 2008
Increasing Transactional Banking
Improvements were also made in the Custodial
Another achievement by the Directorate of
Service, with an increase of 42.18% in the amount
Commercial Banking in 2008 was the increasing
of total assets of the portfolios that are kept and
fee based income that was derive from transactional
administrated by Bank Bukopin, from Rp763 billion in
banking services. The growth potential of this fee
2007 to Rp1,085 billion in 2008.
based income has been realized in several stages,
as can be seen from the increase of fee income from
trade finance transactions by as much as 89.01%
during the year. Bank Bukopin’s foreign exchange
transactions also increased by 8.81% in 2008.
Loan Growth Commercial (Bank without Subsidiaries)
(in billion Rp)
7,507
8,000
7,000
6,000
4,630
5,000
5,154
4,000
3,775
3,000
4,326
2,000
1,000
0
Deposit Growth of the Directorate of Commercial Banking
(Bank without Subsidiaries)
(in billion Rp)
Source of Fund
2007
2008
Demand Deposits
4,095 (30%)
Demand Deposits
2,083 (21%)
Deposits
9,371 (70%)
Saving Accounts
91 (1%)
Deposits
7,776 (78%)
Bank Bukopin ANNUAL REPORT 2008
41
Directorate of
Consumer Banking
“Bank Bukopin is wokeee…!!!” (ok), that was the
base of significant size and growing in numbers; and
message from advertisements broadcasted over the
providing a banking service that is tailored to the
radio and television throughout 2008. The same
needs of the metropolitan consumers, starting from
message was also conveyed through advertisement
their lifestyles to shopping habits and daily banking
newspapers, magazines, and even on giant billboards
transactions.
on road sides and prime locations. In the last few
years, Bank Bukopin has become more active in
As a bank with the motto of “Understanding and
enhancing its brand recognition as the reliable
Provide Solutions”, Bank Bukopin has subsequently
consumer bank that is just as appealing as top-tier
succeeded in developing a consumer banking
private national banks and even international banks.
business that has gradually captured the hearts and
minds of customers, and more importantly, inspired
Since the Directorate of Consumer Banking was
the confidences of these customers in the numerous
established in 2000, Bank Bukopin has never swerved
advantages of the Bank’s consumer banking services.
from its primary objective, that is, to build a consumer
Today, more and more individual customers are
business that it at par with other first class consumer
benefitting from the consumer banking service of Bank
banks. The meaning of a first class consumer banking
Bukopin that is supported by advanced and superior
business refers to banks that have a loyal customer
banking technology in its class.
To grow the image of Bank Bukopin
as Consumer bank of choice that is
“wokeee…!!!”
42
Bank Bukopin ANNUAL REPORT 2008
Physical and Cultural Transformation of Bank
Bukopin
In addition to the physical changes related to the
In 2008, the Directorate of Consumer Banking began
Bukopin has also improved its Human Resources,
to transformed its working culture, especially that
by increasing the skills and knowledge of the
which is related to customer service in the area of
Bank’s employees in their respective fields, and by
consumer banking business. First, there was the
recruiting approximately 300 additional personnel
complete physical make-over, by modernizing the
in 2008. Bank Bukopin has equipped its front liners
look and feel of the Bank’s main branch offices and
with training programs that include selling skills,
sub-branch offices in central locations and especially
product-knowledge training as well as various self-
areas with high volume of traffic and visibility. These
improvement programs on a continuing basis. The
changes are meant to enhance the brand appeal of
recruitment of Relationship Officers was undertaken
Bank Bukopin as a modern and sophisticated bank,
as a marketing strategy to generate more third-party
worthy of the attention and trust of the banking public
funds. Whereas collaborative workshops throughout
in Indonesia.
regional business units and branch offices resulted in
relocation or renovation of branch network, Bank
stronger synergies between working units.
Winner of the Prize Draw
for the New BMW 320i, in
Stage IV of January Period
Product Development Supported by a Strong
Communications Program
A variety of novelty programs related to the
enhancement of product features and benefits were
The opening of Priority Banking centers along with the
undertaken by the Directorate of Consumer Banking,
relocation of several branch offices to more strategic
one of which was the points reward program that
locations were also marked with the standardization
is given to customers opening a new account or
of the basic look and interior design of the offices.
increasing the balance of their savings accounts. This
A standardization of design, look, color, and size of
program used vouchers that are instantly redeemable
service areas that has been applied uniformally and
for roughly 1,000 consumer good prizes, and was
consistently across the Bank’s service platform and
successful in growing Bank Bukopin SiAga savings to
office network, is expected to produce an image as
approximately 500,000 active accounts for the year
well as corporate identity system of the Bank that are
ending 2008.
consistent, strong and inspiring.
Bank Bukopin ANNUAL REPORT 2008
43
In 2008, the Directorate of Consumer Banking
On the other hand, to provide an alternative choice
launched two new savings account products, i.e.
for customers, especially in the use of the Card
Bukopin SiAga Premium Saving Account in March and
as a payment tool, since 2003 Bank Bukopin has
Bukopin SiAga Bisnis Saving Account in June. These
cooperated with the Visa International network to
two products strengthened Bukopin’s overall savings
provide the Bukopin Visa Credit Card.
products and have proved to increase the number
of new depositors who are drawn to more attractive
Holders of the Bank Bukopin credit card, in addition
premium offers.
to transacting for the purchase of goods and services
in merchants, can also withdraw cash from any ATM
Furthermore, the Directorate of Consumer Banking
of the PLUS network, at home or abroad. The Bukopin
also set up products and services that are best suited
Visa Credit Card comprises of the classic, gold and
to the needs of the customers; both on a national
platinum credit cards.
and local scale, set up programs such as Bukopin
SiAga Savings Prize Program that is in its IV period;
To complement its credit card services, in November
as well as enacting an intensive funding product as
2008 Bank Bukopin cooperated with the Master Card
one of the forms of evaluation and appreciation from
network to launch the Master Credit Card, comprising
the management towards the performance of the
of the classic and gold cards.
marketing activities.
As at year end 2008, Bank Bukopin had more than
The development of products that are focused on the
43.000 credit card holders. The year 2008 was a
needs of the customers is also supported by advertising
milestone year for the Bank’s credit card program, in
programs as well as branding strategies that are well
which the management of the Bank commits itself to
integrated on a national and local level.
(i) improving the quality of Bank Bukopin’s credit card
service, (ii) enhancing the infrastructure and human
In order to provide greater access and comfort for
resources of the credit card business, and (iii) initiating
customers in transacting or withdrawing from their
the migration process of the credit card technology
savings accounts, since 2001, Bank Bukopin has
system from the use of the magnetic stripe to the EMV
offered the SiAga Visa Electron Card. The Card allows
(Europe Mastercard Visa) chip technology, in order to
customers to purchase goods and services by using the
increase transaction security.
Visa network or withdraw cash from any ATM network
that bears the logo of PLUS, ALTO, ATM Bersama
and ATM BCA Prima without any charge or restrictive
condition.
44
Bank Bukopin ANNUAL REPORT 2008
I
n 2008, the Directorate of Consumer Banking launched
two new savings account products, i.e. Bukopin SiAga
Premium Saving Account in March and Bukopin SiAga
Bisnis Saving Account in June
Favourable results
planed manner. Several majors that had been taken to
Supported by well-developed marketing
date, include the followings:
communications program, sales program, as well
- Turning Bank Bukopin into a One Stop Financial
as improvements in services that are more targeted
Services bank by providing a complete range
and integrated, the Directorate of Consumer Banking
of products and services in line with customers
generally performed well, growing third party funding by
47% from that of 2007. On the other hand, consumer
needs.
- Sustain the Bukopin SiAga Savings Accounts with
credit grew by 21% year-on-year. In addition to that,
Prizes and Free Cash Withdrawals program both
there was a significant increase in the cash withdrawal
at national level and local level under tactical
transaction at the Bukopin ATM and associate ATM
programs that are tailored made for local needs
networks that have participated in Bank Bukopin’s Free
and conditions.
Cash Withdrawal program since May 2007.
- Continue to develop products and services for
Priority banking segments, including: collaboration
Going forward, Bank Bukopin will continue to develop
with asset managers, securities and insurance
its consumer banking business in a focused and well-
firms.
Deposits Growth of the Directorate of Consumer Banking (Bank without Subsidiaries)
(in billion Rp)
Demand Deposits
11 (0%)
2007
Saving Account
2,675 (48%)
Demand Deposits
16 (0%)
2008
Deposits
2,835 (52%)
Saving Account
3,778 (46%)
Deposits
4,332 (54%)
Loan Growth of the Directorate of Consumer Banking (Bank without Subsidiaries)
(in billion Rp)
2007
Home Mortgage Loan
784 (48%)
Home Mortgage Loan
981 (50%)
Motor Vehicle Loan
489 (30%)
Motor Vehicle Loan
540 (27%)
Home Equity Loan
37 (2%)
2008
Home Equity Loan
53 (3%)
Credit Card
185 (11%)
Credit Card
271 (14%)
Others
138 (9%)
Others
131 (6%)
Bank Bukopin ANNUAL REPORT 2008
45
Sharia
Division
I
n 2008, Bukopin Sharia booked total
third-party savings that increased by
approximately 68% and total financing that
grew by 60% to Rp599 billion and
Rp735 billion, respectively.
46
Bank Bukopin ANNUAL REPORT 2008
Bank Bukopin continues to grow its sharia banking
The continued improvement in the performance of
business rapidly. The total assets of Bukopin Sharia
Bukopin Sharia in many ways reflected the promising
increased by as much as 33% from Rp640 billion in
growth of the sharia business, especially supported by
2007 to Rp849 billion at year-end 2008. Meanwhile,
the development of sharia-based products and services
total financing increased by 60% from Rp458 billion
that meet the needs of customers, in addition to the
to Rp737 billion year on year.
availability of service outlets in the branch and subbranch offices of Bank Bukopin.
Loan Growth of the Sharia Business Unit
(in billion Rp)
800
735
700
Aside from the existing sharia financing products, such
as Murabahah, Mudharabah/Musyarakah and Istishna,
along with sharia savings products that comprise of iB
Giro, iB SiAga savings, iB Hajj savings, iB Deposits,
600
and iB Dollar Deposits, Bank Bukopin continues
500
400
to broaden the range and type of its sharia banking
458
363
services. As part of the Islamic Banking (iB) network
which is growing nationally under the supervision and
300
control of Bank Indonesia, Bank Bukopin has launched
304
200
new sharia banking products in 2008, including iB
215
Savings Plan, iB Forex Remittance (international cash
100
2004
2005
2006
2007
2008
remittance service) and Collection, iB Sharf (foreign
exchange transactions), domestic letter of credit (iB
SKBDN) and letter of credit (iB L/C).
Third party savings rose by 68% from Rp357 billion
in 2007 to Rp599 billion at end year 2008. While,
The launching of new sharia banking products has
the profit of Sharia Business Unit for the financial
given our customers the opportunity to be served with
year ending 31 December 2008 was Rp17 billion, an
services that are custom made to fit more of customer
increase of 113% from Rp8 billion in 2007.
needs.
Third Party Funds Growth of the Sharia
Business Unit
Profit-and-Loss Growth of the Sharia Business
Unit
(in billion Rp)
599
600
500
20
17
15
400
338
10
357
300
8
5
200
100
(in billion Rp)
4
212
2
0
145
0
(2)
-5
2004
2005
2006
2007
2008
2004
2005
2006
2007
2008
Bank Bukopin ANNUAL REPORT 2008
47
Bukopin Sharia also recognizes the human resources
development aspects in its efforts to ensure sustainable
long-term growth. To that end, a number of sharia
banking training programs were intensified throughout
2008, including, among others, the analysis training
for Account Officers, sharia banking basic training,
basic training for credit knowledge, and training
of PSAK (the Indonesian Standard for Financial
Accounting)
Spin-off of the Sharia Business Unit
Bukopin Sharia has one important agenda, which
is to elevate the status of the Sharia Business Unit
(SBU) to become a Sharia Commercial Bank (SCB)
by transferring the assets and liabilities to PT Bank
Syariah Bukopin (BSB), which has been converted
from Bank Persyarikatan Indonesia (BPI). With this
change in status, it is expected that the development
of sharia business will be more conducive and
focused. Therefore, the activities of Bukopin Sharia
sector over the past few months had mainly focused
on the conversion program of SBU into Bank Syariah
Bukopin, which became operational in March 2009,
with Bank Bukopin owning 65% share of the sharia
bank.
In the months prior to the operations of BSB, the Bank
Bukopin Sharia Business Unit continued to maintain
and in some cases even increase the growth of its
sharia banking portfolio optimally.
48
Bank Bukopin ANNUAL REPORT 2008
Treasury
Division
I
ntensifying liquidity management that is of high quality,
to derive optimum profitability from available sources of
funds.
The year 2008 was a year of challenges in the
Aside from the income received on the interest-earning
implementation of activities within the Treasury
placement of funds, the Treasury Division also earns
Division. The financial crisis that occurred globally,
fee income from buying and selling foreign exchange
which had in turn impacted the Indonesian economy,
notes or bills. These foreign exchange transactions
was a factor that contributed to the fluctuation of
were carried out primarily on behalf of customers,
prices of the instruments that were used in the daily
with the remaining transactions carried out as part
transactions of Treasury. In addition, the monetary
of the Bank’s management of its net open positions
crisis also resulted in the tightening of market liquidity,
that have to be within certain threshold under Bank
due to the loss of confidence among the players of the
Indonesia regulations.
money market. All of these were factors influencing
the application of the strategy and performance of the
The activities of Bank Bukopin’s Treasury are mainly
Treasury Division of Bank Bukopin for the year 2008.
focused on transactions in the money market, foreign
exchange, and capital markets, primarily in the trading
Within the constraints of liquidity, the selection of
of marketable securities. From its activities in 2008,
the right financial instruments as part of treasury
the Treasury Division generated total revenues of
management becomes crucial. The chosen instruments
Rp95 billion, of which Rp69 billion were in the form
must have a high liquidity feature that it can be
of interests earned and the remaining Rp26 billion in
redeemed at any time, yet still provide optimum
the form of fee based income.
returns. With that in mind, the Treasury Division
chose the Bank Indonesia Certificate (SBI) as its
Before the recovery of the global financial markets,
main instrument for Rupiah liquidity management.
and with the low interest rate environment globally, it
Throughout 2008, the Bank’s average volume of SBI
would be difficult for the Treasury Division to sustain
was Rp2,950 billion.
its interest earning capacity. For that reason, in 2009,
the Treasury Division will increase the portion of fee
In the mean time, the decline in the market prices
based income, which is expected to increase with
of several marketable securities in circulation has
the growing volume of transactions by customers. As
made the rate of returns attached to those securities
such, the role of the Treasury Marketing Units will be
more attractive. To take advantage of this higher rate
intensified, mainly to increase volume of transactions
of returns, the Treasury Division started to gradually
in areas outside of Jabodetabek.
increase the volume of placement of funds in the
form of notes, primarily Government Treasury Bills.
As a result, the Bank’s average volume of marketable
securities held had increased from Rp779 billion in
January 2008 to Rp1,333 billion by December 2008.
Bank Bukopin ANNUAL REPORT 2008
49
International
Banking Division
For more than 12 years since becoming a foreign
The products and services of the Bank’s trade finance
exchange bank, Bank Bukopin has successfully
and remittances are more comprehensive today
built relationships and enhanced its reputation in
in helping and simplifying customers to deal with
the field of correspondent banking, both domestic
partners in and outside the country. These products
and international. This can be seen by the growing
and services are widely known and are used by
correspondent network over the years, which
medium and large state-owned companies as well as
today comprises of more than 450 of the largest
private national companies.
correspondent banks worldwide focusing on exportimport from and to Indonesia, vis-a-vis the American
The products and services of Bank Bukopin in trade
continent, Europe, Asia, Africa and Australia.
finance include Domestic L/C’s (SKBDN) and Import
This wide network allows Bank Bukopin to serve
L/C, transferring the rights of export documents, and
customers dealing with business partners abroad,
other trade finance products. Additionally, customers
both for export and import, as well as facilitate the
can take advantage of various financing facilities, such
foreign exchange traffic between Indonesia and
as bankers acceptance, pre-export financing, post-
other countries, especially through the Remittance
import financing, and others.
services. In addition, the recognition of cooperation
the correspondent banks can also be seen through
In 2008, the volume of trade finance of Bank Bukopin
refinancing facilities, trade finance, bankers
increased by 136% to USD845 million, from
acceptance and others.
USD357 million in 2007. Along with this increase, fee
income from trade finance activities also increased by
Along with the development of the correspondent
154%, from Rp13 billion to Rp35 billion. While the
network, the International Banking Division provides
volume of Remittance in 2008 was USD766 million
products and services for a variety of corporate
(incoming) and USD1,070 million (outgoing).
and institutional customers, both of national and
international scale.
S
ince the C2C
service was
introduced to the
Swamitra network, it has
become more convenient
for Indonesian migrant
workers to remit cash
to virtually all parts of
Indonesia.
50
Bank Bukopin ANNUAL REPORT 2008
Micro Savings and
Loans Division
Undeniably, the informal sector of micro businesses
the characters of the micro business players who
today account for the largest employment opportunity
tend to operate as a one-man-show; and to provide
for millions of people in Indonesia who could not
comprehensive funding solutions, which also include
be absorbed by the formal sector. Even through the
consulting services in financial management.
recent global monetary crisis and ensuing economic
recession, the micro business sector that involved
Supported by more than a decade experience of
grassroot economies and touched virtually every
managing the Swamitra savings and loans operations
facet of community life, could be relied upon not to
which has reached 621 units by end of 2008, Bank
be affected by this crisis. In every economic crises
Bukopin has a proven expertise in credit services for
throughout history, the micro business sector has
small scale businesses. The micro business segment
time and time again proven to be extraordinarily
itself exists between the Swamitra and SME (small
resilient against even the most challenging economic
and medium enterprise) segments. This means that
turbulence.
the amount of credit disbursement is higher than
the Swamitra credit limit, but lower than the SME
Before 2008, Bukopin’s micro business banking unit
minimum credit.
was still under the MSMEC Directorate that handles
banking for Micro, Small, Medium-scale Enterprise
For the initial stage, the Bank has opened five outlets
and Cooperatives (MSMEC). However, since August
in West Jakarta and Tangerang. The next target will be
2008, the Micro Business Division was separated and
the opening of as many as 34 outlets in Jakarta and
became a business unit of its own.
its surrounding areas, as well as 77 additional outlets
throughout Java and Bali.
Bank Bukopin’s basic concept for the development
of micro business banking services is to ensure that
With the opening of the savings and loans outlets for
its financial intermediary role can actually reach
micro businesses, a strong foundation has been laid for
across one of the nation’s economic sectors that
the expansion of a comprehensive service in the Micro
is most dynamic, flexible and widespread. This is
Banking segment for the years to come.
achieved by bringing the Bank’s services nearer to the
market participants of this segment, among others, by
expanding service points in several strategic locations
in the micro businesses centers, and understanding
T
hroughout history
in every economic
crises, the microbusiness sector has proven
to be extraordinarily
resilient against even
the most challenging
economic turbulence.
Bank Bukopin ANNUAL REPORT 2008
51
Human
Resources
I
ntegrated Development of HR, in Line with
the Six Strategic Development Steps of Bank
Bukopin.
Since Bank Bukopin implemented the six priority steps
The following is a brief report of the above-mentioned
as business development strategy, the development of
scopes of work carried out during 2008.
human resources has been suited accordingly to this
policy. There are five main scopes of work associated
HR Policy
with the development and management of human
Bank Bukopin continues to seek improvement in
resources at Bank Bukopin, namely:
human resources policies, among others, by carrying
(i) human resources policy, (ii) industrial relations,
out analysis of approximately 300 positions in Bank
(iii) assessment and employee relations, (iv) education
Bukopin, to evaluate approximately 160 key positions
and training, and (v) administration and information
so as to determine their responsibilities, to work on
systems.
improving the remuneration system and develop
information systems of HR or Human Resources
Information System (HRIS).
52
Bank Bukopin ANNUAL REPORT 2008
In 2008, the activities carried out in HR policy also
In 2008, Bank Bukopin handled 10 bipartite
include the development of corporate culture marked
industrial relations issues, five of these cases reached
by the formulation of Bank Bukopin’s new corporate
mediation level of the Department of Manpower and
culture, in the form of statements of the philosophy,
Transmigration (tripartite) and two cases were settled
vision, mission, principles and core values of the Bank
at the Industrial Relations Court (PHI). Meanwhile, for
that have been tailored to the long term strategy and
the development of industrial relations, Bank Bukopin
development plan of Bank Bukopin. The proclamation
successfully completed 36 cases during 2008, or an
of this new culture was done by the President Director
average of three cases per month.
on 10 July 2008 coinciding with Bank Bukopin’s 38th
anniversary. Furthermore, the Bank also successfully
In Outsourcing, Bank Bukopin continues to evaluate
completed the Bank Bukopin Code of Ethics book,
the position of outsourcing and also the type of
which is a guide to the standard behavior for the Board
cooperation with the outsourcing company. In 2008,
of Commissioners, Board of Directors and its entire
evaluations on the working agreements with nine
staff.
outsourcing vendors were conducted, which resulted
in improvements in the terms of agreements. Overall,
In 2008, several improvements have been conducted
Bank Bukopin recruited 395 personnel through
on the policy for remuneration system, employee
outsourcing in 2008, for eight types of functions or
benefits, office facilities, performance assessments and
positions that included 161 personnel for RO Funding,
HRIS.
78 personnel for Back Office and Collection, 69
personnel for Customer Service and Teller and 45
Industrial Relations and Outsourcing
Management
personnel for Security Unit.
The aspects of industrial relations and outsourcing
Assessment and Employee Relations
management (labor outsourcing) has become
Assessment activities and employee relations are
increasingly important with the implementation of
intended especially for the fulfillment and needs
the principles of Good Corporate Governance in
of Bank Bukopin and for the employee’s fulfillment
the entire scope of Bukopin Bank activities, among
themselves. Thus the following were carried out :
others, placing the utmost importance for a transparent
(i) comprehensive mapping of the employees’ needs
and equitable relationship between the Bank and its
for 2008 and their development in the next few
stakeholders.
years, (ii) reviewing employee recruitment strategies,
(iii) providing training for Work Force Planning for
Industrial relations is conducted with the cooperation
managerial level, and the development of a general
and coordination with related parties in the
staff skills assessment unit (iv) to study the change of
Department of Manpower and Transmigration of
the status of contract employees to permanent, and
the Republic of Indonesia, and the scope of work
to upgrade workers from outsourcing into contract
includes:
employees, (v) implementing Employee Satisfaction
- handling of the day-to-day industrial relations
Survey, (vi) providing comprehensive facilities and
issues
infrastructure, and (vii) disseminating information on
- understanding of industrial relations issues
human resource management program through an
- development of bipartite and tripartite industrial
integrated internal communications.
relations
- training and socialization of industrial relations.
Bank Bukopin ANNUAL REPORT 2008
53
A mapping effort for the employees’ needs, with
In addition, Bank Bukopin successfully conducted a
detailed qualifications required for each position,
training program called Leaders-to-Leaders that was
have been carried out in the last few years, and have
also attended by all the Directors and top management
increasingly provided a clearer picture of how Bank
personnel. No less than 30 participants starting from
Bukopin should develop its capabilities, whether from
the Head of Division upwards attended the new
internal or external sources, and the job positions that
program which was held for the first time in 2008.
are critical to the business development plan.
Training is also provided to support more intensive
In 2008, Bank Bukopin recruited 276 permanent
team cooperation. Team Building trainings are not
employees through the assessment process as
only provided in Jakarta, but also throughout regional
described above. In addition, Bank Bukopin also
branches. Similarly the benefits of the Emotional
appointed 60 permanent employees through the
Spiritual Quotient (ESQ) training program can be
Officer Development Program and the Special Hire
increasingly felt by the number of employees that have
Program.
followed the program. In 2008, as many as
312 employees took the ESQ program.
Education and Training
Education programs and job training of Bank
All told, as many as 1,967 employees and leaders of
Bukopin are aimed mainly to (i) increase employee
Bank Bukopin took part in the education and training
competency, (ii) shore up leaders and team
programs at a cost of Rp25 billion for the 2008 fiscal
cooperation, (iii) increase employees productivity,
year. The cost is equivalent to 5.58% of the cost and
(iv) cultivate motivation through career and self
benefits of the employees of Bank Bukopin for 2008.
development, (v) support the learning process, and
(vi) help ensure that every employee understands the
Employee Composition by Education
information disseminated in the work environment of
Bank Bukopin.
In 2008, Bank Bukopin completed the 14th Officer
Development Program (ODP) with 52 officers
graduated, whereby the emphasis this time was in
marketing.
No
Education
Bank Bukopin ANNUAL REPORT 2008
Permanent
Contract
Total
1
High school and
equivalent
664
651
1,225
2
D-3 (Diploma
degree)
913
175
1,088
3
S-1(Bachelor
degree)
1,213
624
1,837
4
S-2 (Master degree)
79
12
91
2,869
1,372
4,241
TOTAL
54
2008
Administration and Information System
In 2008, Bank Bukopin selected one of the leading
The administration of employee data is integral to
softwares in the world, and worked together with an
the overall function of HR. The development of an
information technology service company that is highly
integrated human resources information systems
experienced in the development of HRIS (Human
(HRIS), will lead to a more effective human resources
Resources Information System). The development of
management.
the HRIS (called Bukopin HRIS) is expected to be
completed in stages (modular), starting in 2009.
Employee Composition by Position
Employee Composition by Age
 2008
No
POSITION
Permanent
No
Contract
Permanent Contract
Total
Total
%
Total
%
2008
AGE
Total
1
<= 20 Year =
0
1
1
1
General
Manager
7
0.2
0
0.0
7
2
>20 Year <= 25 Year =
26
308
334
2
Divisional
Head
35
1.2
0
0.0
35
3
>25 Year <= 30 Year =
702
517
1,219
3
Head of
Branch
40
1.4
0
0.0
40
4
>30 Year <= 35 Year =
675
231
906
4
Manager
171
5.9
1
0.1
172
5
>35 Year <= 40 Year =
449
216
665
5
Coordinator
185
6.4
11
0.8
196
6
445
82
527
6
Account
Officer /
Relation
Officer / Staff
>40 Year <= 45 Year =
808 58.9
2,998
7
>45 Year <= 50 Year =
401
10
411
7
Non Clerk
8.4
552 40.2
793
8
>50 Year <= 55 Year =
171
5
176
2,869 67.6
1,372 32.4
4,241
9
>55 Year =
0
2
2
2,869
1,372
4,241
TOTAL
2,190 76.3
241
TOTAL
Bank Bukopin ANNUAL REPORT 2008
55
Directorate of Services
and Distribution
T
he vision of the Directorate of Services and
Distribution is to become a reliable working partner
that provides value added services to the Bank’s
stakeholders, both internally and externally.
The scope of work of the Directorate of Services
applying Information Technology (IT) governance;
and Distribution (DSD) includes the functions and
standardised exterior and interior design for branch
responsibilities over activities of (i) service delivery,
offices and service outlets; automated and centralised
(ii) business support, (iii) management of information
banking transaction process; and also introducing
technology, (iv) management of outlets and distribution
public payment service (for electricity bills) with a
channels, (v) control of operational risks, (vi) control
centralised payment point on line system.
over cost involving distribution channel operations,
and (vii) formulation of operational guidelines for
In carrying out these functions, DSD relied heavily
products and services of the Bank.
on the IT system as a service support tool as well as
for business growth. Over the years, Bank Bukopin
For that, the vision of the DSD is to become a reliable
has been known for its products and banking services
working partner that provides value added services to
that are supported by excellent and reliable banking
the Bank’s stakeholders, both internally and externally.
technology. In 2008, the information technology
While its mission is to give the best service that
system of Bank Bukopin, which is online, integrated
matches or exceeds customers’ expectations, in the
and fully conforming with IT governance policies of
most efficient manner and adhering to the principles
international standards, a supported the achievement
of prudential banking. Furthermore, at Bank Bukopin
of several business targets in the consumer banking,
we are expected to uphold integrity and transparency
commercial banking, and the Micro and SMEC
and continuously maintain a harmonious working
banking segments.
environment.
In the consumer banking segment, the role of IT is
56
In 2008, several initiatives of the DSD had been
critical for the expansion of Bank Bukopin Priority
carried out in tandem with business expansion and
and Bukopin ATM outlets; the management of
business targets that were set for the year. Amongst
Bukopin MasterCard credit cards; the implementation
several significant results, Bank Bukopin managed to
of air ticket purchase service via ATM as well as
put into practice a fast, simple and safe service culture;
fund transfers through SMS banking; in addition to
Bank Bukopin ANNUAL REPORT 2008
expanding consumer banking products which includes
Plans for the Future
SiAga Premium Savings, SiAga Bisnis Savings, Savings
In the coming years, Bank Bukopin expects to
Plan, Smash “Wokeee...!!!” Vouchers and additional
continue to improve its banking services in line with
e-banking features.
the demands of the time. This requires the support
of service and distribution that are increasingly
In the commercial banking segment, DSD is
convenient, quick and reliable. Various system
expanding the IT support system as well as introducing
developments, working procedures as well as
prepaid purchases of PLN electricity; payment point
adequate risk management controls have been
for on-line banking; Bukopin Cash Management
prepared to support the Bank’s sustainable growth.
services, and various Custodial products and services.
Various applications which are being practiced at
For the new Micro Business banking segment (formerly
the moment covers, among others (i) applying
known as micro, small, medium-scale enterprises
International Standard ISO 27001 in IT management;
and cooperatives), DSD succeeded in the developing
(ii) increasing speed and simplifying work through
and implementing the M-ELP (Micro Electronic Loan
standardised service at all Bank Bukopin outlets;
Processing) system.
(iii) applying “best practice” in operational risk
Enhancing Services at Branch Office
management in accordance with the Basel II Accord.
One of the key steps in the reorganising of the strategic
functions of Bank Bukopin branch offices, that began
in 2008, was the designation of all branches as well
as all service outlets as a “point of sales” that totally
supports the marketing of Bank Bukopin products
and services, and to simplify banking transactions for
customers.
Bank Bukopin ANNUAL REPORT 2008
57
Solvent and sustainable are the
distinguishing features of Bank Bukopin
that is risk-aware, trustworthy and caring.
Through rigorous risk management
and good corporate governance,
Bank Bukopin strikes an even
balance between risk and reward,
between innovation and tradition,
between ambition and prudence, and
between revenue and corporate social
responsibility.
With this balance, Bank Bukopin is able
to lead, energise, adapt, execute, initiate,
and ultimately serve with integrity - all
of the hallmarks of a strong brand that
represent a solvent and sustainable.
Risk Management [60]
Corporate Governance [66]
Corporate Social Responsibility [106]
Solvent &&
Solvent
Sustainable
Sustainable
Bank Bukopin ANNUAL REPORT 2008
59
Risk
Management
At the moment, conditions in the banking sector
is experiencing rapid growth that led to an
increasing complexity of banking activity and also
the importance of good corporate governance and
sound risk management that can be relied upon. The
implementation of both is one of the important factors
that have come to the attention of the investors when
assessing investment targets, other than the assessment
of the financial condition.
Bank Bukopin, in the development of risk management
always adheres to Bank Indonesia regulations in the
implementation of risk management for local banks and
also from documents produced by the Basel Committee
on Banking Supervision, especially the concept of
Basel New Capital Accord (Basel II). The management
of risk in Bank Bukopin is applied to the entire scope
of activities of the Bank, which is based on the balance
between the functions of business operations with risk
management. In implementing good policies and good
risk management, it is hoped that risk management will
become a working partner for business units in obtaining
optimal results from the operations of the Bank.
In order to develop risk management in line with
the standards of international banks, Bank Bukopin
is continuously developing and improving the risk
management framework and the system of internal
control structure that is integrated and comprehensive,
so that it can provide information regarding potential
risks in the early stages and take adequate steps to
minimize its impact. This framework will be enforced
in policies, procedures, transaction limits, authority
and regulations, and various other vehicles that are
associated with risk management that is valid throughout
the scope of the banks’ business activities. To ensure
that policies and procedures are in accordance with the
development of the business, evaluations must be done
periodically corresponding to any changes in the risk
parameter.
Risk management practice
Organisation
Bank Bukopin has appointed a director of Risk
Management, Compliance and Human Resource
Development who is responsible in managing risk. To
assist in managing Risk Management, Bank Bukopin
60
Bank Bukopin ANNUAL REPORT 2008
also created a risk management workforce called
Risk Management Division (RMD). This division
is independent of those divisions responsible for
operational/business functions and audit. The main
responsibility of RMD is to introduce an applicable
system in risk management which is efficient and
effective and at the same time to do research on the
Risk Management application strategy in accordance
to Bank Indonesia regulations no.5/8/2003 regarding
Risk Management Practice for private banks. The RMD
is supported by 4 sections, consisting of Market Risk
Management section, Operational Risk Management
section, Credit Risk Management section and Risk
Research section.
In the framework of helping an effective undertaking for
RM process and system, Bank Bukopin has also created
RM Committee. As a supplement, this committee will
be aided by RM support committee and also by New
Product and Activity committee. These aforementioned
committees are ad hoc in nature and their members
includes representatives from different business groups
and divisions. Other than those above-mentioned
committees, the Bank also created a Budget Committee
who is responsible to the Directors in preparing and
monitoring the annual budget, the medium and long
term strategies. Additionally, an Asset and Liabilities
Management Committees was also set up to be
responsible, amongst others, in fixing the level of interest
rates and liquidity strategy.
Information System
In 2000, Bank Bukopin, developed an internal credit risk
‘scoring’ model for consumer business and continuously
strives to improve this model so that it will keep up with
progress and also to fulfill the prevailing regulations
and standards. In supporting the implementation of RM
practice in 2001, Bank Bukopin has developed a risk
Management system that adheres to Bank Indonesia’s
policies and international standards such as the Basel
II Accord. The systems that have been developed in the
framework of the control of risk include:
• Measurement and allocation of capital for interest
rate risk
• Measurement for liquidity risk models
• Measurement and allocation of capital for foreign
exchange risk
• Asset and liabilities risk management model
• Database and operational management risk
• Internal and credit risk rating for micro business,
small, medium and commercial enterprises
Process and Risk Appraisal
Basically, the risk management process is carried out
by each unit individually as the risk faced for each
products, transactions and process is different .This is in
line with the policies of the Risk Management Division
whose main task is to implement risk management
procedures and to carry out various processes to
compile and test the risk measurement report, as
reported by the risk holder. The implementation of these
policies was established in agreement with the board of
Directors.
The Risk Management Divisions sends risk evaluation
report to the Directors periodically i.e. weekly,
monthly, and quarterly and also to external parties
involved such as Bank Indonesia. In line with Bank
Indonesia regulations, Bank Bukopin also carries out
risk assessments on all new products and activities
originating from related units including operational
units.
MANAGEMENT OF ALL TYPES OF RISK
In line with Bank Indonesia directive, Bank Bukopin has
implemented the various categories of risk management
as defined by Bank Indonesia, i.e. credit , market,
liquidity, reputation, legal, disciplinary and strategy risk.
Credit risk
In managing credit risk, i.e. the risks of counterparty
default, Bank Bukopin has arranged a working
framework to mitigate risks over all business aspects that
have credit risk exposure, such as Micro Credit Business,
SMEC, Commercial and Consumer, Sharia Financing
Business, Interbank Placements, Purchase of Securities,
and Investments.
The afore mentioned framework, is meant to counter
balance the asset expansion exercise with the
availability of adequate capital to cover credit risk which
is indicated by the ratio of Non Performing Loans that
is constantly monitored at a level manageable by Bank
Bukopin.
Policies on Bank Bukopin’s Loans have been mentioned
in the prevailing internal stipulations, such as the Bank
Bukopin Credit Manual, Bank Bukopin Consumer Credit
Manual, Bank Bukopin’s Sharia Financing Manual,
and also Bank Bukopin International Banking Manual.
Furthermore, since 2004 Bank Bukopin has produced
a Bank Bukopin Credit Risk Management Manual,
reaffirming the risk mitigation aspect that have to be
carried out by all working units that are involve in
managing loans.
The Risk Management Divisions give inputs to the Board
of Commissioners and Directors through quarterly and
monthly Reports and Reviews of credit risk. Besides that,
this division which is independent of business activities
is responsible for giving inputs on the potential risk on
every significant credit risk exposure for Bank Bukopin
to the Credit/Finance Committee, who has the authority
in decision making.
Meanwhile, the limited authority given to the members
of the Credit and Finance Committee was decided by
a Directors Decree in accordance to Bank Bukopin’s
policies involving credit finance committee as an
institution.
Aside from that, various working units have been
developed to aid others in exercising caution when
giving out credit facilities, funding, and other risk
exposure such as Settlements and Credit Restructuring
Division, Legal Division, and Loans investigations.
In support of credit risk mitigation undertaken by
business units, Bank Bukopin has also developed a
variety of modules to assess the levels of credit risk
as well as the feasibility of providing facilities such as
Internal Credit Risk Rating for exposures with SMEC,
Commercial and Sharia, and modules for exposures to
Micro and Consumer. To further enhance and develop
the credit risk database, Bank Bukopin is continuously
evaluating and improving these modules.
In 2008, to address the impact of credit risk due to
deteriorating conditions of debtors /counterparts as a
result of the financial crisis, Bank Bukopin continues
to make efforts to anticipate risk by monitoring the
conditions of each debtor as well as the overall Bank’s
portfolio. In the same year, there was a change in Bank
Bukopin’s strategy i.e. to enter the Micro business
Bank Bukopin ANNUAL REPORT 2008
61
segment by preparing a standardized and automated
online risk analysis system.
Other things done in the framework of credit risk
management throughout 2008 are:
- Stress testing on the impact of changes in various
economic indicators, such as exchange rates, interest
rates and oil prices, on the performance of credit risk
- Analysis on the concentration of credit risk faced
by Bank Bukopin according to the profile of their
portfolio
- Analysis of the condition of the Non Performing
Loan in all types of businesses and the economic
sector
- Analysis on the positions of Capital Charges on
credit risk and the adequacy of capital to cover the
loans under Bank Bukopin’s portfolio
Market Risk
In the running of business activities, Bank Bukopin faces
market risk due to the adverse movements in the market
on their portfolio and this can be harmful. Market risk
includes interest rate and exchange rate risk, which
arises because of the on balance sheet and off balance
sheet positions in the trading book or banking book.
Overall, managing the foreign exchange and interest
rate risk of Bank Bukopin is based on the policy and
procedures related to the product and service activities
of treasury and also those businesses that are exposed
to such risk. Controlling the foreign exchange and
interest rates risks on the trading books, among others, is
carried out through analysis and risk control and placing
limits for trading which includes transactions in Money
Market, Foreign Exchange and Fixed Income Securities.
Furthermore, the Bank also carries out mark- to- market
for the trading book, monitoring NOP (Foreign Exchange
Net Open Position) and VaR (Value at Risk) for Treasury.
In the measurement of risk, Bank Bukopin also performs
stress tests with several scenarios, including worst case
scenario, in order to assess how much Bank Bukopin
can withstand when facing abnormal market movements
or conditions.
62
Bank Bukopin ANNUAL REPORT 2008
Market risk management of the banking book is focused
on efforts in managing interest rate risk. Interest rate
risk mainly comes from the difference on the date
of repricing gap for assets and liabilities of the bank
which is sensitive to the movement of interest rates.
This risk also arises as a result of differences in pricing
mechanism, i.e. the fixed or variable interest rate
between the source of fund and the user.
Interest rate risk measurement is done using the Interest
Rate Risk Model with repricing profile gap methodology
to find out how the interest rate movements may affect
the stability of net interest earned. A Stress test is also
conducted in the measurement as mentioned, to
determine Bank Bukopin’s capability in handling interest
rate movements (rate shock) during abnormal market
conditions.
Amidst increasing volatilities in the foreign currency
exchange during the fourth quarter of 2008, to mitigate
the resulting risks, a careful approach in managing the
NOP was carried out through structural changes in the
foreign exchange transactions policies for the branch
offices and business units. By monitoring the NOP
at low and limited levels, the risks faced by foreign
exchange can be minimized.
Whilst in mitigating interest rate risk, the placement of
funds in the Bank’s loan portfolio, will be more selective
so as to get optimal returns. Furthermore, whenever
significant movements in the interest rate market occurs
a more intensive review on the rates of the assets and
liabilities must be carried out. In the management of
repricing gap between asset and liabilities, efforts must
be made to adjust this gap by monitoring the direction
of any movements in the market so as to minimize the
interest rate risk
Liquidity Risk
Operational Risk
Liquidity risk can occur due to the inability to meet the
obligations that are due. Such liquidity problems arise
due to maturity mismatch between assets and liabilities.
Bank Bukopin faces significant operational risk in
relation to the coverage of the utilization of information
technology in supporting the sophisticated products and
operational activities of the Bank. On the other hand,
the progress of information technology has made Bank
Bukopin as a payment point provider that is reliable
and trustworthy to the public. To manage this risk, Bank
Bukopin has been using the Risk Self Assessment (RSA)
application on a quarterly basis since 2002, and in 2007
it developed into web-based from the previously based
Microsoft Excel program. In addition, it also developed a
web-based Loss Event Database (LED) module. To ensure
the effectiveness of this system, research has been made
on several high operational risk business activities so as to
identify risk factors that exist. This is an ongoing process
to minimize operational risks across all business units.
To ensure the ability to fulfill its obligations to the
customer / counterparty, Bank Bukopin implemented
policies for managing liquidity through the allocation of
placements for Primary Reserve, Secondary Reserve and
Tertiary Reserve based on specific criteria and limits.
In anticipating the emergence of such liquidity risk,
Bank Bukopin has a Contingency Funding Plan, which
contains the steps that can be taken to anticipate and
face difficult liquidity conditions (shortfalls) so that any
financial obligations can be fulfilled in a timely manner,
maintaining the continuity of the business process under
bad conditions and preserving the stability of the Bank.
Liquidity Risk Model with maturity gap methodology
is being used by Bank Bukopin for liquidity risk
measurement. In this measurement a stress test is also
being conducted to determine the capability of the Bank
when facing liquidity pressure under abnormal market
conditions.
The global financial crisis in the fourth quarter of 2008
has led to a drain in market liquidity, thus the efforts to
raise funds and increase core deposits has become the
main focus. This is done through product development,
service improvement and increased customer loyalty
on a continuous basis. Such actions are carried out to
provide a competitive advantage that can be enjoyed by
all customers.
In anticipating the increasing liquidity risk, the
management of Bank Bukopin secondary reserve must
be carried with more consideration so that it is in line
with the conditions of Loan to Deposit Ratio (LDR) and
as a result, the condition of the liquidity of the bank as a
whole can be preserved.
Reputation Risk
Reputation risk arises from the existence of negative
coverage that is tied to the business activities or
negative perceptions about Bank Bukopin. To protect
from such negative perceptions and bad publicity,
Bank Bukopin, through the HRD Corporate Secretary,
routinely monitors news related to Bank Bukopin in the
various mass media. In addition, the Complaint Tracking
System (CTS) that is a part of the Call Center System of
Bank Bukopin, handles complaints and offers the best
service to their customers to minimize the emergence of
customer grievances in the mass media.
Legal Risks
Legal risk is the risk caused by weaknesses in the
judicial system, or by legal claims, or the lack of clear
legal support, or the existence of a weak contract, claim
and collateral.
Legal risk is managed to ensure that all activities and
business relationships with third parties are based on
the rules and requirements that can protect the interests
of Bank Bukopin by law. Legal risk management in
the Bank is done by several divisions depending on
Bank Bukopin ANNUAL REPORT 2008
63
the risk factors. Credit matters will be carried out by
the Division of Law & Credit Investigation, litigation
arising out of credit restructuring will be under the
Credit Restructuring & Settlement Division and the
legal corporate, under the Compliance & Customer
Introduction Division and Corporate Secretary
of the Bank, which is supported by a financial and
management model in reducing the risk as slated by
the Budget Committee which is held periodically.
In addition a General Manager of Strategic Planning
has been appointed to coordinate and monitor Bank
Bukopin’s business and development planning program.
Compliance Risk
Risk Profile of Bank Bukopin
Compliance risk arises due to the failure to adhere to
laws and regulations that exist in Indonesia. It will be
managed through comprehensive evaluation towards
compliance aspects that is done by the Compliance
and Customer Introduction Division. Furthermore, the
procedures of the New Product & Activity Committee
and Policy Committee must be carried out before the
launch of new policies, new products and activities and
also before making decisions to release credit. In line
with Know Your Customer (KYC) program, significant
efforts has been done to update customer’s data and
to supervise suspicious transactions through the cooperation of government sponsored Pusat Pelaporan
Analisa Transaksi Keuangan (PPATK). To further integrate
the KYC program and reports, Bank Bukopin has a web
based anti-money laundering system which they owned
since 2007, and it used by all the work units/branches.
Throughout 2008 it was used to update data and
effective monitoring.
Strategy Risk
Strategy risk refers to the risk caused by the decision
and / or implementation of inaccurate Bank strategies,
inappropriate decision making strategy, or bank failures
in responding to external changes.
Strategy risk management requires Bank Bukopin to
identify measures and mitigate risks associated with
strategic decisions that are less effective and the failure
in anticipating external changes. To manage such risk,
the Board of Commissioners and the Directors has
developed strategic plan that serves as a blueprint for
business development for the next three years. Bank
Bukopin has also been implementing an integrated
budget system in accordance with the strategic plan
64
Bank Bukopin ANNUAL REPORT 2008
In accordance with the guidelines of Bank Indonesia,
every three months, Bank Bukopin conducts assessments
of the overall risk profile. This will be determined by
combining the results of risk exposure assessments
(which is inherent) with functional activities (inherent
risk) and sufficient risk control systems which includes:
• Active supervision of the Board of Directors and
Commissioners of the bank;
• Adequate policies, procedures and limits;
• Adequate identification, measurement, monitoring
and information system and risk management;
• System of comprehensive internal control
Inherent risk levels as mentioned, reflects the emergence
of potential risks to the Bank, which consists of low,
moderate, and high, while ratings on assessment of
the adequacy of risk control system consists of weak,
acceptable, strong, resulting into three composite risk
predicate, namely low, moderate and high.
The results of self assessment risk profile Bank Bukopin
per 31 December 2008 are as follows:
From the results of the risk assessment profile as per
December 2008, the Bank’s inherent risk predicate
LOW, level of risk control system STRONG, so that the
composite risk is LOW
IMPLEMENTATION OF BASEL II
Bank Bukopin as part of the Indonesian banking system
has plans to adhere to the regulations of Basel II in 2009.
To implement this plan Bank Bukopin always strived
to follow the road map set by Basel II as conveyed by
Bank Indonesia. By complying with the provisions set
by Bank Indonesia, Bank Bukopin’s risk management
development also alludes toward best practice risk
management as implemented by the international
banking system. Improvement continues to be
conducted in accordance with the framework that was
published on Basel Committee on Banking Supervision,
namely the concept Basel New Capital Accord (Basel II).
In anticipating the implementation of Basel II, Bank
Bukopin is actively involved in the preparation of
the implementation of the Basel II by participating in
Quantitative Impact Study (QIS 5) conducted by Basel
Committee on Banking Supervision through Bank
Indonesia. From the results of the Quantitative Impact
Study (QIS) assessment, the Capital Adequacy Ratio
(CAR) of Bank Bukopin is still above that set by Bank
Indonesia.
Furthermore, Bank Bukopin is also involved in the
Working Group Implementation for Basel II in Bank
Indonesia. Given the implementation of Basel II is
not a light task, in preparation, Bank Bukopin actively
collaborates with other banks, both domestic and
international, especially in relation to the methodology,
measurement system and also knowledge sharing. To
increase competency, employees periodically are sent to
various forums including seminars, workshops and local
and overseas trainings,
Bank Bukopin Self Assessment Risk Profile at Year-end 2008
Inherent Risk Grade
Risk Control
System Grade
Composite Risk Grade
Credit Risk
Low
Acceptable
Low
Market Risk
Low
Strong
Low
Liquidity Risk
Low
Strong
Low
Operational Risk
Low
Acceptable
Low
Legal Risk
Low
Strong
Low
Reputational Risk*)
Low
Strong
Low
Moderate
Strong
Moderate to Low
Compliance Risk
Low
Acceptable
Low
Total
Low
Strong
Low
Risk Types
Strategic Risk*)
*) For reputational and strategic risks, the assessments do not rely on quantitative methods.
Bank Bukopin ANNUAL REPORT 2008
65
Corporate
Governance
T
he requirements for bank management
are correlated with the quality and
quantity of the Management as pillars in
the cultivation of Good Corporate Governance
in banking.
In the face of rapid changes in the development
GOVERNANCE STRUCTURE
of the national economy, its dynamic challenges
that are increasingly complex and integrated to the
General Meeting of Shareholders (GMS)
global economy, a comprehensive and transparent
The General Meeting of Shareholders (GMS) has the
banking policy is required. As such, the requirement
authority to appoint and dismiss members of the Board
for bank management are correlated with the quality
of Commissioners (BOC) and the Board of Directors
and quantity of the Management as pillars in the
(BOD), approve changes to the Articles of Association,
cultivation of Good Corporate Governance in banking.
endorse the Bank’s Annual Report, appoint External
In addition, the quality of banking management relies
Auditors, and determine the amount and type of
fully on the support of an independent management
compensation/remuneration and other facilities for
that is free of influences from third parties as well
member of the BOC and the BOD.
as conflicts of interests that may compromise the
sustainability business of the bank.
During the year of 2008, Bank Bukopin held one
Annual General Meeting of Shareholders (AGMS) on
22 May 2008 and two Extraordinary General Meeting
of Shareholders (EGMS) on 6 March and 22 May 2008.
Several important resolutions that were made in the
meetings were:
66
Bank Bukopin ANNUAL REPORT 2008
The EGMS on 6 March 2008 endorsed the following
b. A total of Rp187,563,173,068.82, or 50%, will
resolutions:
be retained by Bank Bukopin to strengthen the
1. Approved the plan to acquire the shares of
Bank’s capital reserves.
PT Bank Persyarikatan Indonesia.
c. Gave the rights and authorities to the Board of
2. Approved the acquisition plan.
Directors of Bank Bukopin to determine the
3. Approved the concept for the acquisition deed.
schedule and the procedure of cash dividend
4. Gave power-of-attorney to Board of Directors to
payments to shareholders that are registered
take all necessary measures in connection with the
in the shares registrar as of 17 June 2008 to be
acquisition of the PT Bank Persyarikatan Indonesia
paid on 1 July 2008.
shares, including but not limited to reporting said
3. a. Gave the rights and authorities to the Board of
acquisition to the relevant authorities and carry out
Commissioners of Bank Bukopin to appoint the
changes to the acquisition if required.
Public Accounting Firm to audit the financial
statements of Bank Bukopin for financial year
The results of the Annual General Meeting of
Shareholders of PT Bank Bukopin Tbk for the financial
2008.
b. Gave the rights and authorities to the Board of
year 2007 on 22 May 2008 were as follows:
Commissioners of Bank Bukopin to determine
1. a. Approved and ratified the annual report of the
the fees and terms of appointment for the
BOD of Bank Bukopin for the financial year
2007.
Public Accounting Firm.
4. a. Approved the Bank’s decision not to adjust
b. Approved the Balance Sheet and Profit and
the amount of honorarium and/or benefits to
Loss Statements of Bank Bukopin for the
the Board of Commissioners of Bank Bukopin
year ending 31 December 2007 that had
for the year 2008 or equal to the currently
been audited by the Public Accounting Firm
prevailing amount of honorarium and/or
of Haryanto Sahari & Rekan with report
No.AA00355/DC2/LLS/I/2008, dated
31 March 2008.
c. Gave full release and discharge (acquit et
b. Gave the authorities to the Board of
Commissioners of Bank Bukopin to determine
the amounts of salaries and/or benefits for
de charge) to the members of the Board of
members of the Board of the Directors of Bank
Directors and the Board of Commissioners
Bukopin by considering the recommendation
for their management and supervision during
of the Committee of Remuneration and
the financial year ending 31 December 2007
Nomination.
provided that their actions are not classified
5. Approved the distribution of tantiem to the
as a criminal act and are reflected in the
Commissioners and Directors of Bank Bukopin, the
Company’s financial report.
amounts of which are roughly equal to those of last
2. Approved the appropriation of net profit of Bank
Bukopin for the financial year 2007 as follows:
benefits.
year or at a percentage rate of 6.3% from the net
profit of Bank Bukopin for the financial year 2007.
a. A total of Rp187,563,173,068.82, or 50%,
from the net profit of Bank Bukopin to be
distributed as cash dividends.
Bank Bukopin ANNUAL REPORT 2008
67
Shareholders of PT Bank Bukopin Tbk for the financial
Board of Commissioners and Board of
Directors
year 2007 on 22 May 2008 were as follows:
The Board of Commissioners (BOC) and Board of
1. a. Approved all amendments and/or adjustments
Directors (BOD) play key parts in the management of
The results of the Extraordinary General Meeting of
of the Company’s Articles of Association
the Bank. The duties and responsibilities of these two
pursuant to Law No. 40 of 2007 on Limited
organs are stated in the Bank’s Articles of Association
Liability Company and Bapepam-LK’s
which are pursuant to the Laws on Limited Liability
Regulation No. IX.J.I.
Company, and the regulations of Bank Indonesia as
b. Gave the rights and authorities to the Board of
Directors of Bank Bukopin to undertake such
well as those of the Capital Market and Financial
Institution Supervisory Board (BAPEPAM-LK).
amendments and/or adjustments to the Articles
of Association of Bank Bukopin as contained
Specifically, since 2006 Bank Bukopin has formulated
in the Concept for Amendment to the Articles
the Guidelines on Good Corporate Governance
of Association, pursuant to the Republic of
and Procedural Standards on the Duties of the BOC
Indonesia Law No. 40 of 2007 on Limited
and BOD to complement the existing corporate
Liability Company and the BAPEPAM-LK N0.
governance policies.
IX.J.I regulation.
c. Gave the authority to the Board of Directors
Board of Commissioners
with substitute rights to state the amendments
The Board of Commissioners is part of the caretaker
a notarial deed, including the reiteration of the
of the Bank that is appointed by the General Meeting
composition of the Shareholders, the Board of
of Shareholders as the highest organ of Bank Bukopin,
Commissioners and Board of Directors, and
based on prevailing criteria and procedures, whether
subsequently to submit the application for
internally or externally, and for a period of time that is
approval and/or registration of the amended
determined in the Bank’s Articles of Association. The
Articles of Association to the relevant authorities,
role of the BOC is to act on behalf of shareholders
and undertake further changes or additions to the
and provide oversight and guidance to the BOD in
amended Articles of Association if deemed so
managing the Bank under the principles of good
by the authorities and to undertake all necessary
corporate governance.
steps that are required pursuant to the prevailing
laws and regulations.
2. Gave the authority to the Board of Commissioners
Duties and Responsibilities of the Board of
Commissioners
to approve additional paid-up capital of the
Duties and Responsibilities of the BOC, include:
Company with regards to the exercise of the
1. The BOC must undertake its duties and
Option Rights for the period following the closing
responsibilities independently, objectively and free
of said EGMS, namely between 22 May 2008 until
of any pressure or vested interest of any party.
the convening of the next AGMS that will be held
at the latest on 22 May 2009.
2. The BOC must ensure the implementation of Good
Corporate Governance in each and every activity
of the Bank at all levels of its organisation.
68
Bank Bukopin ANNUAL REPORT 2008
3. The BOC must undertake the oversight and
supervision over the duties and responsibilities of
11.The BOC must spend adequate time to discharge
its duties and responsibilities optimally
the BOD, and provide direction and guidance to
the BOD.
4. In undertaking its duties as stated in point 3,
Reviews from the Board of Commissioners
The Board of Commissioners supervises the
the BOC must monitor, evaluate, and direct the
management of the Bank by using parameters that
implementation of the Bank’s strategic policies.
are predetermined. These parameters are used to
5. In undertaking its oversight as stated in point 3,
review and supervise the implementation of the
the BOC is prohibited from being directly involved
Bank’s policies, principles, core values, strategies,
with decision making over the operations of the
objectives and performance targets, including policies
Bank, except for:
on investment and acquisition, operations and risk
• The provision of funds to related parties as
management frameworks. The BOC also monitors the
governed by Bank Indonesia regulation on the
effectiveness of corporate governance implementation,
Legal Lending Limit for a commercial bank;
contributing thoughts and ideas on key issues
and
and measures that need to be taken to ensure the
• And other matters that are stipulated in
the Bank’s Articles of Association or other
management of the Bank in a sound and prudent
manner.
prevailing laws and regulations.
point 5 does not preclude the responsibilities of
Structure, Composition and Independence of
the Board of Commissioners
the BOD in the management of the Bank.
Based on the resolutions of the AGMS and EGMS of
6. Decision making by the BOC as referred to in
7. The BOC must ensure that the BOD follows up
on the audit findings and the recommendations
Bank Bukopin in 2008, there were no changes to the
composition of the Board of Commissioners.
of the internal audit unit of the Bank, the external
auditors, findings of Bank Indonesia supervision
As at year-end 2008, the BOC of Bank Bukopin
and/or the monitoring of other authorities.
comprised of six members, namely a President
8. In order to support the effectiveness of the
implementation of its duties and responsibilities,
Commissioner, two Commissioners and three
Independent Commissioners.
the BOC has formed:
• The Audit Committee
On the basis of the foregoing, the following conditions
• The Risk Monitoring Committee
prevailed as at 31 December 2008:
• The Remuneration and Nomination Committee
1. The Commissioners of the Bank numbered six
9. The BOC must ensure the Committees formed as
people. This number is less than the number
referred to in point 8 can undertake their duties
of Board of Directors of Bank Bukopin; all of
effectively.
the Commissioners of the Bank are domiciled
10.The BOC must have work guidelines and
procedures that are binding for each member of
in Indonesia, while 50% of the number of
Commissioners are Independent Commissioners.
the BOC.
Bank Bukopin ANNUAL REPORT 2008
69
2. Prior to their appointment by the GMS, the
The Commissioners of the Bank are professionals
replacement and appointment of members of the
in their respective fields with a broad array of
BOC have been vetted from the recommendations
expertise in banking, finance, management, law,
of the Remuneration and Nomination Committee
government, institution and corporation, as well as
3. Every member of the BOC does not have a filial
in the areas of services and risk management. Details
relationship to the second degree with other
and qualifications of each member of the BOC are
members of the BOC and/or members of the BOD.
presented in their brief profiles on page 280 of this
4. Members of the BOC cannot serve concurrently
Annual Report.
as Commissioners, Directors or Executives at any
other Commercial Bank, Rural Credit Bank and
Meetings of the Board of Commissioners
other financial institutions, at home or abroad.
The meetings of the BOC are scheduled periodically
5. Members of the BOC can only serve in the
at least four times in a year and must be attended in
capacity of Commissioners, Directors or
full by the Commissioners on at least two occasions of
Executives in one other non-financial institution or
those four meetings.
corporation.
6. Not included in the definition of concurrent
Prior to attending the meeting, all Commissioners and
service as referred to in point 5 is when members
any other party invited to the meeting will have been
of the BOC:
supplied by all necessary information related to the
• Carries out a functional role from the
meeting’s agenda at the latest five calendar days in
shareholder of a bank that is incorporated; or
• He or she concurrently serves in a non-profit
organisation, in so far as the Commissioners does
advance, or in case of urgency, at the least three days
in advance of the meeting, so that participants can
prepare themselves thoroughly for the meeting.
not neglect his or her duties as Commissioner of
the Bank.
Throughout 2008, the BOC convened a total of 36
7. The Independent Commissioners of Bank Bukopin
following table sets forth in detail the attendance
the regulation of BAPEPAM-LK.
records of each Commissioner in those meetings.
As at 31 December 2008, the composition of the BOC
was as follows:
President Commissioner
: Saean Achmady
Commissioner : Andi Chaeruddin M.
Commissioner
: Boediarso Teguh Widodo
Independent Commissioner : Sutrisno Iwantono
Independent Commissioner : Syamsul Effendi
Independent Commissioner : Yoyok Sunaryo
70
BOC meetings, and 15 BOC-BOD meetings. The
have all met the criteria for independency as per
Bank Bukopin ANNUAL REPORT 2008
Attendances in BOC and BOD Meetings
Name
Board of Commissioners Meeting
Joint Meeting of BOC and BOD
Total: 36
Percentage
Total: 15
Percentage
Saean Achmady
33
91.67
15
100.00
Andi Chaeruddin M.
33
91.67
12
80.00
Boediarso Teguh Widodo
22
61.11
10
66.67
Sutrisno Iwantono
28
77.78
11
73.33
Syamsul Effendi
30
83.33
14
93.33
Yoyok Sunaryo
33
91.67
14
93.33
Glen Glenardi
-
-
12
80.00
Tri Joko Prihanto
-
-
12
80.00
Sulistyohadi DS
-
-
12
80.00
Agus Hernawan
-
-
10
66.67
Sunaryono
-
-
12
80.00
Lamira Septini Parwedi
-
-
8
53.33
Mikrowa Kirana
-
-
8
53.33
Meeting Location
5. Members of the BOC are prohibited to derive
The Commissioners’ meetings are held at the domicile
or receive personal gains from the Bank, other
of Bank Bukopin or at the Bank’s business premises.
than the remuneration and benefits that have
been determined by the General Meeting of
Transparency Aspects of the Board of
Commissioners
Shareholders.
on the implementation of Corporate Governance as a
Remuneration for of the Board of
Commissioners and Committees
core obligation must disclose:
The total remuneration for members of the Board of
1. Share ownership in the Bank, other banks and
Commissioners in 2008 amounted to Rp5.64 billion,
Members of the Board of Commissioners in their report
other companies domiciled either in Indonesia or
excluding tax, tantiem and other benefits in non-
overseas.
natura form.
2. Financial relationship or filial relationship
with other members of the BOC, BOD and/or
Shareholders.
3. Remuneration and other benefits received by the
BOC as determined by the General Meeting of
Shareholders.
4. Members of the BOC are prohibited from using the
resources of the Bank for personal gains or those of
families and/or other parties that are not in the best
interest of the Bank.
Bank Bukopin ANNUAL REPORT 2008
71
Training for the Board of Commissioners
To improve the Board of Commissioners’ competence,
in 2008 members of the Board of Commissioners
participated in various training program, conferences,
seminars or workshop, as presented in the table below:
Training attended by the Board of Commissioners
Name
Organiser
Date
Location
Executive RMC (Risk
Management Certificate)
BSMR
11-12 August 2008
Grand Hyatt Hotel, Jakarta
Remuneration and
Compensation system and
potential issues related to the
implementation of GCG
RMCI
26-27 June 2008
Le Grandeur Mangga Dua
Executive RMC
BSMR
11-12 August 2008
Grand Hyatt Hotel, Jakarta
ISICOM
28 August 2008
Hotel Le Meridien, Jakarta
Executive RMC
BSMR
11-12 August 2008
Grand Hyatt Hotel, Jakarta
Andi Chaeruddin
Executive RMC
BSMR
11-12 August 2008
Grand Hyatt Hotel, Jakarta
Yoyok Sunaryo
Executive RMC
BSMR
13-15 October 2008
Grand Hyatt Hotel, Jakarta
Saean Achmady
Sutrisno Iwantono
Syamsul Effendi
Training
Case study of a GCG-based
organisation
Committees at the BOC Level
Audit Committee Report
To undertake its tasks effectively and efficiently, the
with the requirements of the Bank and pursuant to the
Duties and Responsibilities of the Audit
Committee
prevailing regulations.
The duties and responsibilities of the Audit Committee
BOC has formed Committees at the BOC level in line
of Bank Bukopin are to assist the BOC in carrying
Those Committees are:
out its oversight duties on the Bank’s financial report,
• The Audit Committee
internal control and the implementation of the Internal
• The Risk Monitoring Committee
Audit Unit (IAU), the audit process of the external
• The Remuneration and Nomination Committee
auditors and oversight on the implementation of GCG.
These functions were carried out by:
In 2008, each Committee had their respective
work programs laid out and, at the end of the year,
• Reviewing of the objectiveness of the Bank’s
submitted a report on the implementation of their
financial report and related internal control,
programs to the BOC in the form of a memorandum,
especially with respect to the conformity of the
including their recommendations for the BOC to
financial report with the financial accounting
follow up on.
standards that apply to banks.
Detailed explanations of each committee are as
follows:
• Monitoring the implementation of the tasks of
the external auditors, especially in regards to
their conformity with prevailing audit norms and
standards.
72
Bank Bukopin ANNUAL REPORT 2008
• Empowering the roles of the IAU to undertake its
tasks.
To maintain the effectiveness of the Audit Committee’s
implementation of its duties and responsibilities, the
Audit Committee convened regular monthly meetings.
• Providing professional and independent inputs that
may help the BOC in its decision making process.
For 2008, the Audit Committee had initially planned
for 12 meetings, but in reality convened a total of 16
meetings throughout the year. The table below lists
For its part, the Audit Committee has access to any
the attendance records of the Committee members in
and all data and information that may be required to
those meetings.
fulfil its duties and responsibilities.
In discharging its duties, the Audit Committee works
The Audit Committee is chaired by an Independent
closely with the IAU in order to review the Bank’s
Commissioner, who is assisted by a Committee
structure of internal control, level of compliance to
member whose expertise lies in finance and
standard operating procedures as well as to regulations
accounting, and another Committee member with
governing financial reports. The Audit Committee also
expertise in law and banking. All members of the
reviews the selection process for the public accounting
Audit Committee have registered with the Indonesian
firm, the audit plan, as well as the audit findings and
Association of Audit Committee (IKAI) and have
follow-up thereof, in addition to the presentation of
participated in various training programs and
the financial report and its conformity to the generally
workshops to broaden the horizons of these members.
accepted accounting standards for banking.
As at year-end 2008, the composition of the Audit
Several of the key agendas in 2008 included among
Committee were as follows: :
other things:
1. Status and progress reviews on the implementation
Chairman: Syamsul Effendi
of the financial statements of Bank Bukopin for
Member : Suratto Siswodihardjo
the year 2007 by the Public Accounting Firm and
Member : Sugijanto
analysis of the findings up to the publication of the
financial statements along with the accompanying
The brief profiles of each member of the Audit
Management Letter.
Committee are presented on page 284 of this Annual
Report.
Attendances in Audit Committee Meetings
Name
Position
Attendance
Total: 16
Percentage
Syamsul Effendi
Chairman
16
100%
Suratto Siswodihardjo
Member
16
100%
Sugijanto
Member
16
100%
Bank Bukopin ANNUAL REPORT 2008
73
2. Monitoring the selection process of the Public
liquidity, growth of assets and liabilities, NPL,
Accounting Firm appointed to audit the financial
profitability, earning assets quality and outstanding
statements of Bank Bukopin for the year 2008 up
loans, growth of third-party funds and the
to the final selection, and reviewing the audit plan
performances of individual business units, and
of the appointee.
other matters that are deemed pertinent.
3. Carrying out assignment from the BOC to prepare
4. Discussion on specific matters that arose from the
meetings between the BOC and BOD, especially
audit findings of the IAU or from other sources and
with regards to the financial performance of the
analyses on the Bank’s exposures as reported by
Bank, and more so in ascertaining the principles
Risk Management Unit that require the attention
of prudent banking (CAR, LLL, NOP), financial
of, and recommendations from, the Board of
Commissioners.
Syamsul Efendi
Chairman
74
Suratto Siswodihardjo
Sugijanto
Member
Member
Bank Bukopin ANNUAL REPORT 2008
RISK MONITORING COMMITTEE REPORT
The Risk Monitoring Committee assists the Board
The composition of the Risk Management Committee
of Commissioners (BOC) in identifying matters that
in 2008 was:
may require the attention of the Commissioners, and
Chairman : Sutrisno Iwantono
undertake other duties that are related to those of the
Member : Boediarso Teguh Widodo
BOC, including (a) evaluate the consistency between
Member : Sugijanto
the risk management policy and its implementation;
(b) monitor and evaluate the implementation of the
The Chairman of the Committee is an Independent
duties of the Risk Management Committee and the
Commissioner with expertise in macro-economics,
Risk Management Unit; and (c) monitor the adherence
combining it with a Commissioner member whose
to the principles of Good Corporate Governance in
expertise lies in finance, and another Independent
every business activity of the Bank at every level of the
Commissioner member with expertise in accountancy.
organization.
In 2008, the Committee convened a total of 12
The Risk Monitoring Committee has free and full
meetings with attendance records as shown in the
access to all documents, personnel, funds as well as
table below.
the resources of other companies to undertake duties,
and collaborates with the Risk Management Unit and
Minutes of meetings are prepared for every meeting,
the supporting Committees of the Risk Management
which are subsequently reported to the Board of
Unit within the Directorate of Risk Management,
Commissioners as materials to be supervised and, if
Compliance and Human Resources Development.
deemed necessary, the substance of which will be
forwarded to the BOD for appropriate actions.
Attendance in Risk Monitoring Committee Meetings
Name
Position
Attendance
Total: 12
Percentage
Chairman
12
100%
Boediarso Teguh Widodo
Member
12
100%
Sugijanto
Member
12
100%
Sutrisno Iwantono
Bank Bukopin ANNUAL REPORT 2008
75
Pertinent matters that were discussed in 2008
the progress of loans disbursement above Rp100
included:
billion. In addition, the Committee also reviewed
the restructuring and settlement of non-performing
1. Evaluation on the Risk Profile of Bank Bukopin
loans.
on a Quarterly basis, be it inherent risks that are
measured quantitatively or risk control systems
4. Evaluate periodically of the general control system
that are measured qualitatively by reviewing the
and control over the application of technology
process and procedures of its formulation.
information from the audit findings of IAU as well
external auditors.
2. Joint discussion with the Risk Management Unit on
the plan to implement Basel II in 2009, which will
5. Monitor and evaluate exposures arising from the
effect the financial performance of Bank Bukopin,
analyses carried out by the supporting committees
with aim of anticipating these effects as early as
for the Risk Management Unit of Bank Bukopin,
possible, including the preparation of the methods/
in connection with the increasing competition
tools/supporting systems for the implementation in
in banking in generating third-party funds, and
the years to come.
the disbursement of these funds, as well as other
assignments from the Board of Commissioners.
3. The Committee was assigned by the BOC to
constantly monitor classified debtors and their
restructuring as well as remedial measures.
Monthly monitoring was carried out on
outstanding debtors of more than Rp2.5 billion,
which accounted 60% of total outstanding loans,
and on debtors with collectibilities of special
mention, doubtful and non performing, as well as
Sutrisno Iwantono
Chairman
76
Boediarso Teguh Widodo
Sugijanto
Member
Member
Bank Bukopin ANNUAL REPORT 2008
REMUNERATION AND NOMINATION
COMMITTEE REPORT
Structure, Composition, Expertise, and
Independence of the Remuneration And
Nomination Committee
Duties and Responsibilities of the
Remuneration And Nomination Committee
Remuneration and Nomination Committee comprises
The Remuneration and Nomination Committee was
Committee members representing the Government and
formed by the Board of Commissioners with the
an executive in the field of accountancy and finance.
following duties and responsibilities:
The composition of the Committee as at year-end 2008
of an Independent Commissioner as Chairman, three
were as follows:
Chairman : Yoyok Sunaryo
a) Related to Remuneration Policy:
• Evaluate the remuneration policy;
Member : Andi Chaeruddin Muhammad
• Recommend to the BOC concerning:
Member
: Syamsul Effendi
Member
: Boediarso Teguh Widodo
Member
: Mulyana
- the remuneration policy for the BOC and the
BOD to be conveyed to the GMS;
- the remuneration policy for the Bank’s Executive
and employees on the whole to be conveyed to
The composition, expertise and independency criteria
the BOD.
of the Remuneration and Nomination Committee have
conformed with the regulations of Bank Indonesia
and BAPEPAM-LK. The brief profiles of the members
b) Related to the Nomination Policy:
• Formulate and recommend the system and
procedure of selection and/or replacement of
of the Remuneration and Nomination Committee are
presented on page 285 of this Annual Report.
members of the BOC and the BOD to the BOC to
be conveyed to the GMS.
• Recommend prospective candidates for the BOC
The Remuneration And Nomination
Committee Meeting
and/or the BOD to the BOC to be conveyed to the
To maintain the effectiveness of the implementation
GMS.
of the duties and responsibilities of the Committee,
• Recommend an Independent Party who will
quarterly meetings are convened regularly. Throughout
become members of the Audit Committee and the
2008, a total of four meetings were convened. The
Risk Monitoring Committee to be conveyed to the
following table shows the attendance records of
BOC.
members of the Remuneration and Nomination
Committee.
Attendances in Remuneration and Nomination Committee Meetings
Name
Position
Attendance
Total : 4
Percentage
Chairman
4
100%
Andi Chaeruddin Muhammad
Member
4
100%
Syamsul Effendi
Member
4
100%
Boediarso Teguh Widodo
Member
4
100%
Mulyana
Member
4
100%
Yoyok Sunaryo
Bank Bukopin ANNUAL REPORT 2008
77
Minutes of meetings are prepared for every meeting,
Recommendation: which are subsequently reported to the Board of
The Remuneration and Nomination Committee
Commissioners as materials to be supervised and, if
agreed to recommend to the Board of
deemed necessary, the substance of which will be
Commissioners to adjust the amount of honorarium
forwarded to the BOD for appropriate actions.
provided to members of the Sharia Supervisory
Board as per the recommendation of the BOD.
The Recommendations of the Remuneration
3. Tuesday, 25 November 2008
and Nomination Committee to the Board of
Commissioners:
Agenda: 1. Friday, 2 May 2008
Preparation for the EGMS.
Agenda:
Recommendation:
Evaluate the policies on remuneration of the BOC
- The Remuneration and Nomination Committee
and BOD of Bank Bukopin.
in principle recommend to the Board of
Recommendation:
Commissioners the proposed changes to
With all due respect to the performance of the
members of the BOC, in line with the Articles
Management of Bank Bukopin that has continued
of Association of Bank Bukopin.
to improve, and considering the amounts of
- The Remuneration and Nomination Committee
honorarium and/or benefits for the BOC, and salaries
also recommends the candidate for the
and/or benefits for the BOD, the amounts received
replacement of Commissioners, with the
are still in line with current conditions; therefore
consideration that said candidate is currently
the Remuneration and Nomination Committee has
serving as a special staff of the State Minister of
agreed in principles to recommend to the BOC
SOE and the qualification of the candidate.
to not adjust the amounts of honorarium and/or
- Whereas in relation to the salaries of members
benefits for the BOC, and salaries and/or benefits for
of the BOD, the Remuneration and Nomination
the BOD for the year 2008, or equal to the currently
Committee recommends that the amounts
prevailing amounts.
be kept at present levels. However, the
Remuneration and Nomination Committee will
2. Tuesday, 26 August 2008
seek data/information regarding the amounts of
Agenda: remuneration of peer banks.
Evaluate the Honorarium for the Sharia Supervisory
Board of Bank Bukopin.
Yoyok Sunaryo
Chairman
78
Andi Chaeruddin
Syamsul Effendi
Boediarso Teguh Widodo
Mulyana
Member
Member
Member
Member
Bank Bukopin ANNUAL REPORT 2008
BOARD OF DIRECTORS
8. The BOD is prohibited from using individual
advisor and/or professional service as consultants,
The Board of Directors is part of the caretaker of the
unless they conform to the following requirements:
Bank that is appointed by the General Meeting of
• The project is specific in nature;
Shareholders as the highest organ of Bank Bukopin,
• It is based on a clear contract, which at
based on prevailing criteria and procedures, whether
the very least contains the scope of work,
internally or externally, and for a period of time that is
responsibilities of parties and completion
determined in the Bank’s Articles of Association. The
schedule and cost;
BOD is fully responsible for the management of the
Bank in the interest of the Bank in achieving its goals
and objectives, and representing the Bank, both in and
outside of the court of law, pursuant to the Articles of
Association.
• The Consultant is an Independent Party with
the qualification to undertake a specific project
as referred to above.
9. The BOD must provide accurate, relevant and
timely data and information to the BOC.
10.The BOD must have its work guidelines and
Duties and Responsibilities of the Board of
Directors
The duties and the responsibilities of the BOD include:
1. The BOD is fully responsible for the management
of the Bank.
2. The BOD must manage the Bank in line with its
authority and responsibility as stipulated in the
procedures that are binding for each member of
the BOD.
11.All decisions made by the BOD in line with its
work guidelines and procedures are binding and
become the responsibilities of all members of the
BOD.
12.Members of the BOD are prohibited from
Articles of Association and prevailing laws and
extending a power of attorney to a third party
regulations.
that has the effect of transferring the duties and
3. The BOD must implement the principles of Good
Corporate Governance in every business activity of
the Bank, at every level of the organisation.
4. The BOD must follow up on the audit findings and
the recommendations of the internal audit unit of
functions of the BOD.
Work Ethics of the BOD
Members of the BOD of Bank Bukopin must always:
1. Act professionally, honestly and objectively in
the Bank, the external auditors, findings of Bank
making every decision with due consideration for
Indonesia supervision and/or the monitoring of
the principles of prudence.
other authorities.
5. In order to implement the principles of Good
Corporate Governance, the BOD must form at
least:
2. Aware of and adhere to the laws and regulations,
both internal and external, as well as prevailing
norms.
3. Uphold and maintain the image, reputation and
• The Internal Audit Unit;
stature of the Bank, as well as their own individual
• The Risk Management Unit and the Risk
reputation.
Management Committee; and
• The Compliance Working Unit.
6. The BOD must account for their duties and
responsibilities to the shareholders through the
General Meeting of Shareholders.
7. The BOD must disclose to employees the policies
of the Bank that have strategic value to the aspect
of human resources.
4. Keep their promise and commitment to the
authorities and other stakeholders.
5. Secure the confidentiality of the Bank, their
positions and customers.
6. Improve themselves constantly in the course of
their duties.
7. The BOD must spend adequate time to discharge
its duties and contribute constructive ideas to the
progress of the Bank.
Bank Bukopin ANNUAL REPORT 2008
79
8. Avoid potential conflict of interest, among other
things from the efforts of:
• Other parties or personal initiatives that could
be categorised as an effort to take advantage of
3. Members of the BOD cannot serve concurrently
as Commissioners, Directors or Executives at any
bank, company and/or institution.
4. Members of the BOD, either individually or
the Bank for personal gains, as well as those of
collectively, are prohibited from owning shares of
family and/or other parties that are not in the
more than 25% of the Bank’s paid-up capital and/
best interest of the Bank.
or those of any other company.
• Other parties or personal initiatives that
could be categorised as to take and/or receive
As at 31 December 2008, the composition of the BOD
personal gains from the Bank, other than the
were as follows:
remuneration and other benefits that have
President Director
been determined by the General Meeting of
Director of
Shareholders.
Finance and Planning • Decision making, in which either through
: Glen Glenardi
: Tri Joko Prihanto
Director of
personal or other means, whether directly or
Small, Medium-scale
indirectly, the members of the BOD have a
Enterprise and Cooperative : Sulistyohadi DS
vested interest in the decision.
Director of
Services and Distribution : Agus Hernawan
Structure, Composition and Independency of
the BOD
Director of
Each recommendation to replace and/or appoint
Compliance and HRD
: Sunaryono
members of the BOD to the General Meeting
Director of Consumer
: Lamira Septini Parwedi
of Shareholders by the BOC has to consider
Director of Commercial
: Mikrowa Kirana
Risk Management,
the recommendation of the Remuneration and
Nomination Committee. Based on the resolutions of
The Directors of the Bank are professionals in their
the AGMS and EGMS of Bank Bukopin in 2008, there
respective fields with a broad array of expertise in
were no changes to the composition of the BOD.
banking, finance, management, law, government,
institution and corporation, as well as in the areas
As at year-end 2008, the BOD of Bank Bukopin
of services and risk management. Details and
comprised of seven members, namely a President
qualifications of each member of the BOD are
Director that is independent of the controlling
presented in their brief profiles on page 282 of this
shareholder, and six Directors.
Annual Report.
On the basis of the foregoing, the following conditions
prevailed as at 31 December 2008:
1. Pursuant to the guidelines on Corporate
Governance that is implemented at Bank Bukopin,
all of the Directors are domiciled in Indonesia.
2. A majority (more than 50%) of the members
of the BOD are prohibited from having a filial
relationship to the second degree with other
members of the BOD and/or members of the BOC.
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Bank Bukopin ANNUAL REPORT 2008
The Board of Directors Meeting
Meeting Location
The meetings of the BOD have been convened for a
The Directors’ meetings are held at the domicile of
total of 25 times in one year, and attended by at least
Bank Bukopin or at the Bank’s business premises.
one-half of the number of Directors.
Prior to attending the meeting, all Directors and any
Transparency Aspects of the Board of
Directors
other party invited to the meeting will have been
Members of the Board of Directors in their report on
supplied by all necessary information related to the
the implementation of Corporate Governance as a
meeting’s agenda at the latest 3 (three) calendar days
main obligation must disclose:
in advance, or in case of urgency, at the least 1 (one)
1. Share ownership in the Bank, other banks and
day in advance of the meeting, so that participants can
other companies domiciled either in Indonesia or
overseas.
prepare themselves thoroughly for the meeting.
2. Financial relationship or filial relationship
Throughout 2008, the BOD convened a total of 25
with other members of the BOC, BOD and/or
BOD meetings. The following table sets forth in detail
Shareholders.
the attendance records of each Director in those
3. Remuneration and other benefits as determined by
the General Meeting of Shareholders.
meetings.
4. Members of the BOD are prohibited from using the
Attendances in BOD Meetings
Name
resources of the Bank for personal gains or those of
families and/or other parties that are not in the best
BOD Meetings
interest of the Bank.
Total: 25
Percentage
Glen Glenardi
24
96%
Tri Joko Prihanto
23
92%
Sulistyohadi DS
23
92%
Agus Hernawan
24
96%
Sunaryono
24
96%
Lamira Septini
Parwedi
22
88%
Mikrowa Kirana
24
96%
5. Members of the BOD are prohibited to derive
or receive personal gains from the Bank, other
than the remuneration and benefits that have
been determined by the General Meeting of
Shareholders.
Remuneration of the Board of Directors
The total remuneration for members of the Board
of Directors in 2008 amounted to Rp11.99 billion,
excluding tax, tantiem and other benefits in nonnatura form.
Bank Bukopin ANNUAL REPORT 2008
81
Trainings attended by the Directors
Name
Glen Glenardi
Training
CEO’s Night
Organiser
Daya Dimensi Indonesia
9 April 2008
Executive RMC
BSMR
14-15 May 2008
Minimum Statutory Reserves
Requirement for Commercial
Bank based on Basel II (BI
Regulation No. 10/15/PBI/2008)
IRPA
24 November 2008
Daya Dimensi Indonesia
9 April 2008
BSMR
13-14 May 2008
Tri Joko Prihanto CEO’s Night
Executive RMC
Sulistyohadi
Grand Hyatt Hotel, Jakarta
Mercantile Atletic
Bali, ABN Amro
GAPKI
3-4 December 2008 Nusa Dua, Bali
Executive RMC
Leader to Leader
BSMR
11-12 August 2008
18-20 June 2008
Hotel Arjuna Bandung
Grand Hyatt Hotel, Jakarta
BSMR
14-15 May 2008
Singapore, Standchart
Bank Bukopin
18-20 June 2008
Hotel Arjuna Bandung
Coreaction
10 April 2008
Four Season Hotel
BSMR
11-12 August 2008
Bank Bukopin
18-20 June 2008
Hotel Arjuna Bandung
AUSAID
4 December 2008
Bandung
Bank Indonesia
11-12 June 2008
Yogyakarta
Visa
9-11 April 2008
Westin Resort Nusa Dua,
Bali
Leader to Leader
Eradicating Organised Crime
and Money Laundering: Roles &
Perspectives of Banking
Visa Asia Pacific Small Business
Forum 200
ESQ MCB
26-27 November 2008 Hotel Borobudur, Jakarta
Bank Bukopin
Executive RMC
Seminar on Operational Risk
Mikrowa Kirana
Singapore, Standchart
Indonesia Palm Oil Conference
Executive RMC
Lamira Septini
Mercantile Atletic
Alomet & Friend
The 4 Discipline of Execution
Sunaryono
Location
Enhancing performance with
business architecture planning
Leader to Leader
Agus Hernawan
Date
ESQ Leadership Center
Grand Hyatt Hotel, Jakarta
29-30 November 2008 Menara 165, Cilandak
Leader to Leader
Bank Bukopin
18-20 June 2008
Hotel Arjuna Bandung
Leader to Leader
Bank Bukopin
18-20 June 2008
Hotel Arjuna Bandung
Training for the Board of Directors
Foreign Exchange Committee
To improve the Board of Directors’ competence, in
In line with the increasing transactions of Treasury
2008 members of the Board of Directors participated
Division in buying and selling foreign currencies,
in various training program, conferences, seminars and
especially those undertaken on behalf of the
workshops, as presented in the table above:
customers, it is deemed necessary to provide foreign
exchange line facilities to customers. This is in
Committees at the BOD Level
accordance with the commitment of Bank Bukopin
To undertake its tasks effectively and efficiently, the
to increase fee based income in consideration of the
BOD has formed Committees at the BOD level in line
considerable potential of foreign exchange transaction
with the requirements of the Bank and pursuant to the
services for the Bank’s customers. In order to enhance
prevailing regulations.
customer service in said foreign exchange facilities,
while still maintaining the principles of prudential
Those Committees are:
banking, the BOD has formed the Foreign Exchange
1. Foreign Exchange Committee
Committee.
2. Credit/Financing Committee
3. Assets and Liabilities Committee
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Bank Bukopin ANNUAL REPORT 2008
The Foreign Exchange Committee has the authority
the Bank and the supporting functions to provide
and responsibility to provide its opinion, evaluation,
an opinion.
consideration and decision to recommend a the
4. The members of the Foreign Exchange Committee
foreign exchange facility to be provided to the
are not allowed to give an approval for a proposal
customer.
in which he or she has a vested interest in it,
whether directly or indirectly.
Authority of the Foreign Exchange
Committee
1. Discuss, evaluate and decide on the proposal
of the foreign exchange line facilities that are
The Workings Mechanism of the Foreign
Exchange Committee
1. The Secretary of the Foreign Exchange Committee
submitted by the Account Officer or Sponsor for
(Ex Officio) is served by a Divisional Head or
approval.
Section Head who is in charge of legal matters.
2. If deemed necessary, undertake direct evaluation
on the viability of the proposal for the foreign
exchange line facility, but not limited to:
a. on-site visit
b. interview with the customer
3. Decline any request and or influence by interested
2. All proposals should be addressed to the Secretary
of the Foreign Exchange Committee.
3. The Secretary decides and invites the members of
the Foreign Exchange Committee to decide on a
proposal.
4. For a proposal with a ceiling of USD5 million,
parties who are connected with the applicant of
at least one member of the Foreign Exchange
the foreign exchange line, to give the Committee’s
Committee has to be outside of the business unit
approval on the foreign exchange line facility even
that submits the proposal. Whereas for a ceiling
though merely as a formality.
of more than USD5 million, at least two members
should be independent of the decision-making.
Responsibility of the Foreign Exchange
Committee
1. Provide an opinion and or decision on the foreign
exchange line facility.
2. Ensure that the provision of the foreign exchange
line facility has conformed with internal and
external regulations.
3. In the case where a foreign exchange line facility
5. One of the members of the Committee should be
the Divisional Head who submits the proposal for
the foreign exchange line facility.
6. The decision of the Committee on the proposed
foreign exchange line facility can be in the form of:
6.1. A final approval or recommendation for
approval to be forwarded to a member of
the Committee who has an individual limit
is approved, it has to ascertained that the facility
authority equal to or higher than the amount
being provided is viable and in accordance with
of facility being proposed, or forwarded for
the criteria that have been agreed upon.
the approval of the BOD and or the BOC.
6.2. Conditional approval.
Membership of the Foreign Exchange
Committee
1. The Foreign Exchange Committee is based at the
Head Office.
6.3. Non-approval.
7. Every decision of the Foreign Exchange Committee
has to be documented in full by the Secretary of
the Committee.
2. The members of the Foreign Exchange Committee
are appointed by the BOD.
3. These members include all group heads, divisional
heads, business or area managers, all of whom are
directly connected with the commercial aspect of
Bank Bukopin ANNUAL REPORT 2008
83
Credit/Financing Committee
3. In the case where a foreign exchange line facility
The Credit/Financing Committee has the authority
is approved, it has to ascertained that the facility
and responsibility to provide its opinion, evaluation,
being provided is viable and in accordance with
consideration and decision to recommend the credit/
the criteria that have been agreed upon.
financing facility to be provided to the customer.
Members of the Credit/Financing Committee are
appointed and given the authority by the BOD, and
have the responsibility in accordance with their
respective Individual Limits to provide and opinion,
Members of the Credit/Financing Committee
1. Members of the Credit/Financing Committee are
appointed by the Directors or Commissioners or by
an official authorised by the BOD.
2. Members of the Credit/Financing Committee
evaluation, consideration and decision on the
comprise of credit/financing managers aside
recommendation for a credit/financing facility or the
from the BOD, including structural managers that
requirements for other credit/financing facilities to be
handle business and Account Officer/Relationship
provided to the customer.
Officer all of whom are connected directly with
the business and supporting functions to provide
Authority of the Credit/Financing Committee
1. Discuss, evaluate and decide on the application
their opinions.
3. The structural managers who are not involved
for credit/financing that is forwarded by the
in business but are connected to the business
Sponsoring Account Officer:
function, if deemed necessary, could be appointed
1.1. New credit/financing application;
as members of the Credit/Financing Committee.
1.2. Changes in the terms and conditions for
4. All members of the Credit Committee double as
credit/financing, such as:
members of the Financing Committee, and vice
a. changes in interest rate/ margin rate
versa, members of the Financing Committee
b. changes/replacements of collaterals
double as members of the Credit Committee.
c. changes in the type of credit/financing
facility
5. The Head of the International Banking and
Treasury Division and an appointed staff, are
d. extension of the credit/financing tenor
members of the Credit/Financing Committee of
e. changes in the terms of credit/financing
Special Category, namely the Committee for credit
that have been applied previously.
2. If deemed necessary, undertake direct evaluation
on the viability of the proposed credit/financing
application.
Responsibility of the Credit/Financing
Committee
1. Provide an opinion and or decision on the foreign
exchange line facility.
2. Ensure that the provision of the foreign exchange
line facility has conformed with internal and
external regulations.
and financing facility from international banking
and treasury.
The Workings of the Credit/Financing
Committee
1. The Secretary of the Credit/Financing Committee
(Ex Officio) is served by a Divisional Head or
Section Head who is in charge of legal matters.
2. All proposals should be addressed to the Secretary
of the Credit/Financing Committee.
3. The Secretary determines and invites the members
of the Credit/Financing Committee to decide on a
proposal.
84
Bank Bukopin ANNUAL REPORT 2008
4. One of the members of the Committee should be
Hedging Strategy
the Divisional Head who submits the proposal for
In the case where an adverse movement in interest
the credit/financing facility.
rate or currency exchange rate is anticipated, Bank
Asset and Liabilities Committee (ALCO)
Bukopin needs to take a hedging position on its
banking book, including through foreign currency
In line with the continuing growth of Bank Bukopin’s
transaction, lending and borrowing on the money
business, and in anticipation of increasing bank
market, as well as derivative transactions.
competition, the BOD has seen fit to form a committee
that is responsible for the strategic management of the
Hedging can be made through one or more
Bank’s assets and liabilities that comprise of liabilities
instruments that can be aligned with the risk profile
management, liquidity management, secondary
that is faced by the Bank.
reserves management, loan management and offbalance sheet management.
Hedging placement still need to account for
profitability as well as the total cost that may be
The aim of this Committee is to anticipate trends in the
incurred. The Bank will periodically review its hedging
money market, interest rates, currency exchange rates
transactions.
and the development of the banking sector, especially
that which involves the generation of third-party funds
Funding Strategy
and the disbursement of these funds as earning assets.
Funding activities are primarily targeted at public
funds and other funds, with an emphasis on generating
ALCO meetings are convened at least once a month or
low-cost funds. The structure of funding sources is
at any time deemed necessary.
determined by considering the profiles of customers
Strategy for Fund Placement
and stability factor to the Bank’s deposit funds.
In carrying out its business to generate revenues, Bank
The funding strategy should be in line with the
Bukopin places a portion of its funds as earning assets.
projection for credit disbursement that will be
The investment allocation in the form of earning assets
undertaken by the Bank.
is carried out in accordance with the investment target,
and the expected returns as stipulated in the Bank’s
COMPLIANCE
Business Plan and budget.
Bank Bukopin is fully aware that non-compliance,
The strategy for the placement of funds as earning
fraudulent activities, and even transgression on the
assets comprise of:
regulation on the Bank vis-a-vis prudential banking
1. Placement in other banks
constitute factors that greatly compromise the
2. Placement in the form of outstanding loan
sustainability of the Bank’s business. As such, the
3. Placement in the form of marketable securities
enhancement of internal control systems through
mitigating measures is indispensable to the Bank.
These mitigating measures are comprehensive in
nature, which not only covers adequacy in rules,
policies, procedures and intensive monitoring,
Bank Bukopin ANNUAL REPORT 2008
85
but also includes early prevention efforts by every
Compliances Activities in 2008
employee and all operating units of Bank Bukopin. The
In implementing these functions, the Directorate of
compliance aspect is also not limited to complying
Compliance undertakes to:
with rules and regulations but also constitutes a
• Execute compliance tests for each planned policy
continuous process, that will serve as an input for the
Bank to make its business and operational decisions
that reflect prudential banking principles.
and procedure,
• Execute compliance tests for each credit approval
process for amounts higher than certain limits.
For credit approvals of amounts exceeding certain
To that end, the Directorate of Compliance plays a key
limits, compliance tests are performed by the
role as an integral part of the corporate governance
related work units compliance self assessment,
strategy of the Bank, while at the same time conforming
using the check list developed by the Directorate
with the regulations of Bank Indonesia pursuant to Bank
of Compliance. Thereafter, for the approval of
Indonesia Regulation No. 1/6/PBI/1999 regarding the
even higher amounts of credits, the Directorate of
Assignment of Compliance Director and the Application
Compliance submits independent opinions. It also
of Internal Audit Function for Commercial Bank, and
attends the meetings of the Credit Committee as a
Bank Indonesia Regulation No. 8/4/PBI/2006 regarding
the implementation of Good Corporate Governance for
Commercial Bank.
and socialization of prevailing regulations.
are:
Implementation of Know Your Customer
(KYC)/ Anti Money Laundering (AML)
• Ensure the compliance of all work units to
The Compliance Division is also responsible for the
The main functions of the Directorate of Compliance
prevailing rules and regulations, including the
implementation of the KYC and AML principles.
regulations of Bank Indonesia, and the internal
In implementing the principles of KYC and AML, the
policies and procedures of Bank Bukopin.
following have been executed:
• Ensure the adequacy of policies and procedures
in all of Bank Bukopin’s business and operational
activities
• Monitor and maintain Bank Bukopin’s business
activities from violating prevailing regulations.
• Monitor and maintain operational activities in all
work units so they will conform with the policies
and procedures already set.
• Monitor and maintain the compliance of all work
units to all of the agreements and commitments
made by Bank Bukopin to Bank Indonesia and
• Continuous implementation and development of
the Anti Money Laundering System for identifying
suspicious financial transactions.
• Detecting certain amounts of financial transactions
and identifying high-risk candidate clients, e.g.
candidate clients originating from high-risk
countries.
• Identifying high-risk businesses, i.e. those possibly
used for money laundering or for financing
terrorists.
• Continuously researching, monitoring and
other authorities in relation with Bank Bukopin’s
socializing the implementation of KYC and AML.
status as a public company.
The socializing is done through face-to-face
• Apply the Know Your Customer and the Anti
Money Laundering policies.
• Encourage the culture of compliance among all
employees of Bank Bukopin.
86
special category member of the Credit Committee.
• Develop electronic media for the dissemination
Bank Bukopin ANNUAL REPORT 2008
meeting with the related work units and through
the internal website created by the Compliance
Division. Through this internal website, the
Compliance Division can easily socialize newly
validated Bank Indonesia regulations, and other
Throughout the period reported, the Compliance
regulations related to banking, to all work units.
Division has among others:
In a conditions where the implementation of a
1. Given its opinion concerning the draft of business
regulation requires a discussion process with
regulations/policies and their changes through the
the related work units, the Compliance Division
process of testing/evaluation of matching against
created a question-and-answer forum in the
prevailing rules and regulations.
internal website for just this purpose.
2. Ensured the adequacy of the internal regulations/
policies of the bank in implementing the
The process of socialising and discussing important
principles of prudence and in the execution of
issues from the validation of rules and regulations
Good Corporate Governance (GCG), including
includes various training opportunities. As for strategic
encouraging the re-formulation of the culture of
issues, the socialising is done in writing using the
the company and of the code of ethics of Bank
Compliance Division memorandum/opinion sheet.
This is necessary to mitigate the potential compliance
Bukopin.
3. Tested (stated opinion on) 426 credit approvals of
risk and legal risk that may arise due to different
certain amounts, and has attended the meetings
interpretations in implementing a regulation.
of the Credit Committee as a special category
member that does not have a limit on agreements.
Apart from that, the Compliance Division also tests
4. Monitored the execution of the business plans
compliance to draft policies and procedures that will
of Bank Bukopin already committed with Bank
be applied internally at Bank Bukopin. Compliance
Indonesia, and has also monitored the financial
tests are also done to the drafts for new products
and non-financial performance related to the
and activities as part of the implementation of
health evaluation of Bank Bukopin.
the management as regulated by Bank Indonesia
Regulation No. 5/8/PBI/2003.
5. Mapped out the results of the IAU evaluation in
order to discover the effectiveness of the execution
of policies and to monitor the follow-up actions.
Compliance Statement
6. Developed and evaluated the system and
The Compliance Division, as a task force formed in
mechanism of online reportages (Compliance Self
running some of the functions of the Compliance
Assessment).
Director, periodically submits the reports for the
execution of its duties and responsibilities.
7. Monitored the adequacy of policies and
procedures related to the implementation of Risk
Management in using Informational Technology.
In relation with the execution of the functions as
8. Monitored the effectiveness of the security system
stipulated in the Regulations of Bank Indonesia, the
in activities related to the development and
Compliance Director and the President Director have
procurement of Informational Technology.
submitted the Report on the Execution of the Duties
and Responsibilities of the Compliance Director to BI
on time each semester. For the 2nd semester of 2007
and the 1st semester of 2008 periods, the reports have
9. Monitored activities related to the implementation
of the results of Bank Bukopin’s Review on its Core
Banking System.
10.Formulated and adjusted the TSI regulations/
been submitted through letters No. 0748/DIR/I/2008
policies/guidelines to Bank Indonesia Regulation
and No. 5855/DIR/VII/2008, respectively
No. 9/15/2007 (development and procurement).
11.Monitored activities related to User Acceptance
Tests and to recommendations for applications.
12.Monitored the implementation of the credit card
management application (EMV-Comply).
Bank Bukopin ANNUAL REPORT 2008
87
13.Reviewed the Guidelines to the Know Your
Customer Principle.
14.Monitored the indicated financial transactions that
work units have not reported.
15.Reported suspicious cash and financial
Reserves. However, the Bank has been found to
have committed administrative violation - albeit not
material - related to the lateness or revision of the
submission of the Bank’s monthly reports to Bank
Indonesia.
transactions.
16.Socialised the implementation of KYC and AML in
service and operational management workshops.
17.Monitored the completion of the filing of KYC
Future Plans
As part of the plan for the year 2009 and subsequent
years, the Compliance Division is committed to
applications in opening new accounts, especially
continue monitoring its compliance to prevailing
those related to transactional profiles.
regulations and to inculcating the understanding of all
18.Socialised and consulted the implementation of
Bank Indonesia Regulations and other rules and
units of the organization in maintaining compliance to
prevailing regulations.
regulations.
19.Socialised the implementation of the Anti Money
INTERNAL AUDIT
Laundering System.
Overview
The reviews of the results for the implementation
The Internal Audit Unit (IAU) serves to assist the Board
of the compliance aspect showed that in general,
of Commissioners in conducting its supervisory role
compliance is already part of the consciousness and
and assisting the Board of Directors in ensuring the
basis for every business and operational decision-
adequacy and effectiveness of the Bank’s internal
making in all working units.
controls, by way of rendering objective, independent
and consultative assessment activity towards the
The Discharge of Duties and the
Independence of Directors
adequacy and effectiveness of risk management, the
The Directorate Compliance and the Compliance
In carrying out its function, IAU refers to the
Division have both ran effectively as expected. In
regulation of Bank Indonesia (PBI) No. 1/6/PBI/1999
accordance with the health evaluation of Bank
on the Assignment of the Compliance Director and
Bukopin, the evaluation of credit quality with ceiling
Implementation of a Commercial Bank Internal Audit
of up to Rp10 billion requires the use of only one
Function Execution Standard (SPFAIB), as well as best
pillar, i.e. the debtor’s timeliness in paying the loan
practices in internal audits. Elaborating further from PBI
principal and interest. This is an incentive for the
No.1/6/PBI/1999, these internal audit best practices
Bank as stipulated in Regulation of Bank Indonesia
were transcribed on the Internal Audit Charter and
No. 9/PBI/2006 concerning the Amendment to the
several internal audit guidelines, including risk based
Regulation of Bank Indonesia No. 7/2/PBI/2005 on the
audit.
internal control system and corporate governance.
Quality Evaluation of the Assets of Commercial Banks.
The Head of the IAU is appointed and terminated
The effectiveness of the discharge of duties, and of
by the Board of Directors with prior approval
the independence of the Compliance Director and
from the Board of Commissioners, and reported
Compliance Division, are also reflected in the lack
to Bank Indonesia. The Head of IAU reports to the
of violations done by the Bank in relation with the
President Director and has the authority to directly
application of the principles of prudence, such as for
communicate with the Board of Commissioners for the
the regulations on the minimum Capital Adequacy
purpose of informing various pertinent matters related
Ratio, the Legal Lending Limit, the Net Open Position,
to the audit findings.
the Quality of Assets, and the Minimum Statutory
88
Bank Bukopin ANNUAL REPORT 2008
The scope of internal audit covers the entire aspects
Focus of Activities in 2008
and elements of banking activities. In conducting these
Effective February 2008, changes were made on the
audits, IAU has the authority to access every source
Organisational Structure of the Bank, including the
of information (that is needed). The IAU is free from
Organisational Structure of IAU. These changes seek
interferences by any party in reference to its duties,
to improve the effectiveness of the audit activities.
as well as communicating the audit results to all
As of 13 December 2008, IAU had 54 employees
parties concerned, to ensure that the audit findings are
of various educational and work experience
responded and followed up accordingly.
backgrounds, of which 19 were located in the Head
Office, and 35 located in the branches (as Branch
The IAU activities are carried out based on the Annual
Audit Staff). The status of the Branch Audit Staff is that
Business Plan and Budget which is formulated with
of a Head Office employee with a reporting chain
reference to the Corporate Business Plan, and the
that goes directly to the Head of the IAU, making
evaluation on inherent risk of the business plan.
them structurally independent from Branch Office
To maintain the Bank’s professionalism standard in
Management. Throughout 2008, there were 32
executing the internal audit function, Bank Bukopin
educational programs undertaken by IAU personnel,
establishes minimum requirements of education,
including the Risk Management Certification Test.
work experience and Ethical Code of Profession of
its internal auditors. Improvement on internal auditor
Throughout 2008, IAU executed a total of 130 on-
competence and comprehension is organized through
site audits on various business/work units/divisional
various training programs and duty rotations.
processes, both at Head Office and Branch Offices.
These include 20 Branch General Audits. Compared
Independent assessment on the quality of IAU is
to the Audit Work Plans for 2008, the actual coverage
conducted by a competent and independent external
reached 127%. Apart from on-site audits, IAU also
institution, for at least once every three years. Reports
executed various off-site audit activities for various
on the results of reviews are also submitted to Bank
interests, including to support the implementation of
Indonesia, which quotes opinion on IAU performance
the Risk Based Audit approach.
and compliance result to the Implementation
Standards of the Internal Audit Function of the Bank,
In addition to executing risk-based audits, IAU also
PBI No. 1/6/PBI/1999, as well as the recommended
executed the following activities in order to support
possible improvements. The latest review, i.e. for
the implementation of the Bank’s Risk Management:
the years 2005-2007 period, was executed by PAO
- Validated the Quarterly Risk Profile Reports
Kosasih and Nurdiyaman.
created by the Risk Management Division.
- Supported the Risk Management Division in
Aside from executing audits, IAU always seeks to
be able to discharge its duties as consultants for
the internal parties of the Bank that may require
identifying and recording Loss Data Events.
- Supported the Risk Management Division in
executing Risk Self Assessment.
consultation - especially for issues related to the
scope of IAU’s duties: the internal control system.
Work Plan for 2009
Additionally, SKAI is also responsible for coordinating
In order to improve the effectiveness of the internal
its activities with those of external auditors (Bank
audit function, the focus of IAU activities as stated in
Indonesia, Public Accounting Firms, etc.) such that a
the Work and Budget Plans for 2009 were as follows:
comprehensive and optimum result can be obtained.
- Recruit new personnel for several vacant positions.
- Undertake certified educational programs (CISA,
CIA, Risk Management Certification Tests).
Bank Bukopin ANNUAL REPORT 2008
89
- Execute the automation of IAU management,
appointed the Public Accountant, Iman Sarwoko
including the auditing process. This has the
(with a Practice Permit no. KEP-817/KM.17/1998 of
objective of, among others, improving the quality
29 September 1998) and the PAF Purwantono,
of the implementation of Risk Based Audits and
Sarwoko & Sandjaja, domiciled in BEJ Tower II-7th Fl.,
as a follow-up to several recommendations for
Jl. Jend. Sudirman Kav 52-53, Jakarta 12190 as
improvement based on the results of the reviews
the appointed Public Accountant and PAF to undertake
on internal auditing function for the 2005-2007
a general audit on the financial statements of the Bank
by the Public Accounting Firm of Kosasih &
for the year ending 31 December 2008.
Nurdiyaman.
- Execute audits towards audit objects considered to
The appointment of Iman Sarwoko and the PAF of
have high risk in accordance with the completed
Purwantono, Sarwoko & Sandjaja, as the respective
risk profile.
Public Accountant and PAF appointed to undertake the
general audit on the consolidated financial statements
PUBLIC ACCOUNTANT
of the Bank for the year ending 31 December 2008,
represents a first appointment for a general audit
The GMS of the Bank for the financial year 2007, held
of the Bank’s financial statements. The general
on 22 May 2008, granted the authority and power
audit on the financial statements of the Bank for
to the Board of Commissioners to appoint the Public
the previous financial year was undertaken by Lucy
Accounting Firm (PAF) to undertake the general audit
Luciana Suhenda of the PAF of Haryanto Sahari &
on the consolidated financial statements of the Bank
Rekan, as the appointed Public Accountant and PAF,
for the year ending on 31 December 2008. The
respectively.
appointment must be based on the limited tender
for the procurement of general auditing services
The legality of the appointment is bound in an
in accordance with the criteria set in the GMS of
Appointment Contract between PT Bank Bukopin Tbk
the Bank for the financial year 2007, in which the
and the PAF of Purwantono, Sarwoko & Sandjaja
appointed PAF should be:
concerning the Agreement between PT Bank Bukopin Tbk
- Listed in both Bank Indonesia and Bapepam-LK
and PAF Purwantono, Sarwoko & Sandjaja in relation
- Included in the Big Ten List of registered PAFs
with the Audit on the Financial Statements and on
- Internationally affiliated
the Implementation of Agreed-upon Procedures
- Experienced in auditing banks that are publicly
concerning the Report on the Results of the Work
listed.
Evaluation of the Performance of PT Bank Bukopin Tbk
for the year ending 31 December 2008
In addition to the above criteria, the Bank also pays
(No: 418/DIR/DPKA/XII/2008) dated 18 December
attention to the related stipulations issued by Bank
2008. The scope of works, audit reports and
Indonesia and Bapepam-LK, especially those related
contents of the Appointment Contract have been
to the independence and to the limitation of audit
formulated in accordance with prevailing Bank
appointment for Public Accountants and PAFs in order
Indonesia regulations, especially those concerning the
to be able to provide professional services in the form
Transparency of the Financial Condition of the Bank.
of general audit services.
Before and throughout the duration of the general
Based on the recommendation of the Audit Committee
audit, the PAF has communicated and continues to
on the results for the tender for the procurement of
communicate with Bank Indonesia. In discharging
general audit services already executed, the Bank
90
Bank Bukopin ANNUAL REPORT 2008
their duties, the appointed Public Accountant and
The implementation of loans disbursement to affiliated
PAF are able to work independently, are up to the
parties and/or large loan exposures must refer to the
professional standards of Public Accountants and of
Regulation of Bank Indonesia concerning the Legal
the agreed Appointment Contract. The reports for the
Lending Limit for Commercial Banks, while the
audit results and the Management Letter have been
disbursement of loans to affiliated parties must first be
submitted to interested parties on 20 April 2009 and
approved by the Board of Commissioners.
30 April 2009, respectively.
Should the quality of loans to affiliated parties become
RISK MANAGEMENT
compromised, doubtful or non-performing, the Bank
is obligated to take remedial steps to address such
A more comprehensive discussion on the
conditions by:
implementation of Risk Management at Bank
• Executing a full credit repayment at the latest
Bukopin is shown in the discussion concerning Risk
within 60 (sixty) days since the fall in the quality of
Management located on page 60 of this Annual
loans; and or
Report.
• Restructuring the credit.
DISBURSEMENT OF LOANS TO THE
RELATED PARTIES AND DISBURSEMENT
OF LARGE LOANS
STRATEGIC PLAN
1. Short Term
a. Continuing the Implementation of the 6 (six)
Bank Indonesia regulations concerning the Legal
Lending Limit of Commercial Banks stipulate the
Policies of Bank Bukopin.
The short term target of Bank Bukopin is to
maximum limit of credits granted to parties that are
continue the implementation of 6 (six) policies,
related to the bank not to exceed 10% of the bank’s
i.e. the refocusing of business segmentation,
total equity. Throughout the years 2008 and 2007,
reorganisation, outlet revitalising, development
Bank Bukopin had neither violated nor exceeded the
of human resources, enforcement and increase
Legal Lending Limit.
of fee-based income.
b. Obtaining Quality Credit Portfolio.
In order to avoid business failure of the Bank due to an
In expanding its credit, Bank Bukopin remains
over- concentration of lending and in order to improve
focused on the MSME (Micro, Small, and
the independence of the managers of the Bank from
Medium Enterprise) segment, adjusted to the
potential intervention by related parties, the Bank
premium segment of each business area. The
applies the principles of prudence in providing loans,
premium segment is low-risk businesses. Apart
among others by implementing the diversification of
from that, the credit granting process must keep
the loans portfolio.
on implementing the principle of prudence.
c. Implementing the IT Strategic Plan of
The Bank formulates the guidelines, policies, and
Bank Bukopin in order to implement the
procedures concerning the disbursement of loans
Circular of Bank Indonesia No.9/30/DPNP
to affiliated parties and/or the disbursement of large
dated 12 December, 2007 concerning the
loan amounts as stipulated in the Regulation of Bank
Implementation of Risk Management in the
Indonesia concerning the Legal Lending Limit for
Use of Information Technology by Commercial
Commercial Banks.
Banks, by enhancing technology-based
information systems. In 2010, Bank Bukopin
will follow-up on the results of the reviews of
its core banking system.
Bank Bukopin ANNUAL REPORT 2008
91
d. Focusing on Individual Sources for Funding.
business without foregoing the potential of
In order to disperse the risk and over-
commercial banking. It also strives to achieve an
dependency on funding sources that are limited
equity base of Rp100 billion to Rp10 trillion.
to a few parties, the customer base must be
expanded in order to improve the third-party
In order to achieve its business targets as stated in its
funding composition or structure, and in order
vision and mission, the Bank prepares well-designed
to obtain more cost-effective financial sources.
plans that consider the principles of prudence and that
e. Acceleration of Micro Business Growth.
are responsive to both external and internal changes.
Apart from being able to develop the Swamitra
These plans are in the form of corporate plans and
service, Bank Bukopin sharpens its market
business plans.
penetration by opening the Micro Direct Unit,
which is expected to be able to improve the
The submission of corporate plans and their
service towards the vast numbers of micro and
amendments to Bank Indonesia refers to the
small businesses.
regulations of Bank Indonesia on Commercial Banks.
f. Efficiency in Managing the Operations of the
The formulation and submission of business plans refer
Bank.
to Bank Indonesia regulation concerning the Business
Efficiency is obtained by managing certain
Plans of Commercial Banks.
costs and by investing in the latest technology.
g. Spin Off of the Sharia Business Unit.
business plans of the Bank includes:
banking, Bank Bukopin will execute the spin
1. Formulating realistic business plans.
off of its Sharia Business Unit, to become Bank
2. Socialising these business plans to shareholders
Syariah Bukopin. The spin-off is expected to be
completed in the first Semester of 2009.
h Increasing Fee-Based Income.
Bank Bukopin has set the target for its feebased income for 2009 and continuously
4. Submitting business plans to Bank Indonesia at the
latest one month after the present year is started.
5. Submitting the amendments to the business plans
in case of adjustments from Bank Indonesia at the
result in more fee-based income.
latest 15 working days following the date of the
Bank Bukopin sets the target to be among the
announcement letter from Bank Indonesia.
6. Submitting the changes in the business plans as
Top Five Banks in service. To achieve this,
necessary, in case of minimum external factors
it continuously improves the quality of its
that could significantly influence the financial
services in order to satisfy its customers
condition of the Bank.
2. Medium Term.
The responsibility of the Board of Commissioners in
Referring to the Indonesian Banking Architecture,
the business plans of the Bank includes:
Bank has the intent of being one of the 30-50
1. Approving the business plans submitted by the
banks that focus their businesses in retail banking:
the segment for cooperative business, for micro,
small and medium business, and for consumer
92
and through all levels of the organisation.
3. Effectively managing the business of the Bank.
searches for business potentials that would
i. Service.
The responsibility of the Board of Directors in these
In order to develop the business of sharia
Bank Bukopin ANNUAL REPORT 2008
Board of Directors.
2. Monitoring the implementation of business plans.
3. Approving the adjustments/changes of business
plans submitted by Board of Directors.
4. Submitting the monitoring reports for the
implementation of business to Bank Indonesia
every semester, at the latest two months after the
• Comparability - the information submitted can
be compared from one period to another. For
this need, consistency in the implementation of
accounting policies and procedures is necessary
• Materiality - material information that can
stated semester ends. These include at least:
influence the judgement or decision making of the
• The opinion of the Board of Commissioners
user of the information is presented clearly.
concerning the implementation of the business
plans of the Bank..
• Evaluation of factors that influence the
performance of the Bank.
• The opinion of the Board of Commissioners
In implementing the transparency of its financial
condition, the Bank is obligated to formulate and
submit the reports in the manners, types, and scopes
as stipulated in the regulations of Bank Indonesia
concerning the efforts to improve the
concerning the Transparency of the Financial
performance of the Bank.
Conditions of Commercial Banks.
TRANSPARENCY OF THE FINANCIAL AND
NON-FINANCIAL CONDITIONS OF THE
BANK
In order to improve the transparency of financial
conditions, the financial reports that must be
formulated and submitted include:
• Annual Reports;
In creating market discipline and in order to
• Published Quarterly Financial Reports;
simplify evaluation among market players, the Bank
• Published Monthly Financial Reports;
implements transparency of the financial and non-
• Consolidated Financial Reports.
financial conditions of the Bank to the stakeholders
with due consideration of the competitive factor
As part of the Bank’s efforts to implement transparency,
between banks.
it implements informational transparency concerning
The principles of transparency in submitting financial
its products and the use of customer-base data
information of the Bank include:
• Comprehensiveness - the information submitted
with reference to the conditions and procedures
as stipulated in the regulations of Bank Indonesia
is consolidated and describes the results of
concerning the Transparency of Information
operations and the financial condition of the Bank
concerning Banking Products and the Use of the
in full - down to the financial conditions of the
Personal Data of the Customers.
Bank’s subsidiaries.
• Relevant and up to date.
• Reliability - the information submitted perfectly
describes the current performance and conditions
achieved, and it states the future plans for
achievement.
Bank Bukopin ANNUAL REPORT 2008
93
Exercise of MSOP
No.
1
Type of Convertible Securities
MSOP PT. BANK BUKOPIN Tbk
Phase I
Period of Exercise:
Year 2007
I. Within 30 stock-trading days from 10 July 2007
II. Within 30 stock-trading days from 1 November 2007
Year 2008
I. Within 30 stock-trading days from 10 July 2008
II. Within 30 stock-trading days from 1 November 2008
Year 2009
I. Within 30 stock-trading days from 10 July 2009
II. Within 30 stock-trading days from 1 November 2009
Year 2010
I. Within 30 stock-trading days from 10 July 2010
II. Within 30 stock-trading days from 1 November 2010
Year 2011
I. Within 30 stock-trading days from 10 July 2011
II. Within 30 stock-trading days from 1 November 2011
Price of Exercise per share Rp370,-
Number of Shares
in the MSOP
Number of Newly
Issued Shares from
the MSOP Exercise
Remaining
Shares in the
MSOP
47,864,000
39,370,500
64,638,000
25,267,500
740,500
24,527,000
780,500
83,596,000
88,755,500
192,499,500
112,502,000
Phase II
Period of Exercise:
Year 2008
I. Within 30 stock-trading days from 10 July 2008
II. Within 30 stock-trading days from 1 November 2008
Year 2009
I. Within 30 stock-trading days from 10 July 2009
II. Within 30 stock-trading days from 1 November 2009
Year 2010
I. Within 30 stock-trading days from 10 July 2010
II. Within 30 stock-trading days from 1 November 2010
Year 2011
I. Within 30 stock-trading days from 10 July 2011
II. Within 30 stock-trading days from 1 November 2011
Year 2012
I. Within 30 stock-trading days from 10 July 2012
II. Within 30 stock-trading days from 1 November 2012
Price of Exercise per share Rp370,-
84,376,500
Phase II
Period of Exercise:
Year 2009
I. Within 30 stock-trading days from 10 July 2009
II. Within 30 stock-trading days from 1 November 2009
Year 2010
I. Within 30 stock-trading days from 10 July 2010
II. Within 30 stock-trading days from 1 November 2010
Year 2011
I. Within 30 stock-trading days from 10 July 2011
II. Within 30 stock-trading days from 1 November 2011
Year 2012
I. Within 30 stock-trading days from 10 July 2012
II. Within 30 stock-trading days from 1 November 2012
Year 2013
I. Within 30 stock-trading days from 10 July 2013
II. Within 30 stock-trading days from 1 November 2013
84,376,500
Price of Exercise per share Rp370,TOTAL :
94
Bank Bukopin ANNUAL REPORT 2008
281,255,000
Law Suits (Litigation Case)
MSOP
Law suit problems include civil and criminal cases that
The Issuance of New Shares Resulting from the
are faced by Bank Bukopin during the year and have
Exercise of the Management Stock Option Program
been submitted to due process.
(MSOP) throughout the year 2008 is presented in the
Litigation Cases
following page:
The Highest and the Lowest Salary Ratio
Legal Cases
Salary is an employee’s right that is accepted and
stated in the form of money as a compensation from
Bank or employer to employee, defined and paid
Completed
Total
Civil
Criminal
-
1
according to an employment contract, agreement
Due Process
28
1
or regulation, including allowance for the employee
Total
28
2
and his/her family upon a job and/or service that was
already done by him/her.
Internal Reporting and Conflicts of Interest
The information below explains the salary comparison
ratio within Bank Bukopin. The salaries compared on
the salary ratio below are the monthly compensation
accepted by members of the Board of Commissioners,
Directors and permanent employees of Bank Bukopin.
Ratio between Highest and Lowest Salaries
Description
Employee’s salary
Ratio of the Highest and
the Lowest Salary
15,13 : 1
Director’s salary
1,25 : 1
Commissioner’s
honorarium
1,29 : 1
Ratio of Highest Director’s Salary and Highest
Employee’s Salary 3,13 : 1
Internal Fraud
Internal fraud is a deviation/fraudulent action that was
done by the Management, a permanent and temporary
Internal Reporting
• In order to improve the quality of the decisionmaking process of the Board of Directors and
the quality of the monitoring processes of the
Board of Commissioners, the Bank is obligated to
ensure the availability and adequacy of Internal
Reporting, supported by an adequate management
information system.
• Internal Reporting is all types of reports created
by the Board of Directors for the Board of
Commissioners, and created by work units for the
Board of Directors and/or Board of Commissioners.
Conflicts of Interest
• Conflict of Interest is the difference between the
economic interest of the Bank with the personal
economic interest of the owner, or members of the
Board of Commissioners, the Board of Directors,
the Executive Officers, and/or Parties related to the
Bank.
employee (honoree and outsourcing) related with
work processes and Bank operational activities that
significantly influence the Bank’s financial condition,
if the loss from this deviation is Rp100,000,000
(hundred million rupiah) or more.
Bank Bukopin ANNUAL REPORT 2008
95
Total of Internal Fraud
Number of Fraud Cases Committed by
Description
Contract
Employees
2008
2007
2008
2007
2008
2007
Number of fraud cases
-
-
-
1
-
-
Resolved cases
-
-
-
-
-
-
Being resolved through the Bank’s internal
process
-
-
-
1
-
-
Awaiting process
-
-
-
-
-
-
Under due process of law
-
-
-
-
-
-
• In cases of Conflict of Interest, the members of the
Board of Commissioners, the Board of Directors
and the Executive Officers are prohibited from
taking actions that may compromise the Bank
or reduce the profit of the Bank, and they are
obligated to mention the conflicting interests in all
of the decisions they make.
• Members of the Board of Directors, or any of the
Officers of the Bank authorized by the Board of
Directors, do not have the authority to represent
the Bank if they have any conflicting interest with
the Bank.
Buy Back of Shares and/or Bonds in 2008, Bank
Bukopin has exercised the call option or Buy Back on
all of the Series A Bonds of Bank Bukopin year 2003
and the Sharia Mudharabah Bonds of Bank Bukopin
year 2003.
Funding for Social and Political Activities
Throughout 2008, in accordance with the Corporate
Governance Policy, Bank Bukopin is prohibited from
being involved in any political activity, including
giving donations for political interests.
96
Permanent
Employees
Board Members
Bank Bukopin ANNUAL REPORT 2008
The details of the funds granted - the receivers of the
funds, the amount of funds granted, and the activities
done by Bank Bukopin for social interests - are
described in more detail and depth in the discussion of
the Bank’s Corporate Social Responsibility, starting on
page 106 of this Annual Report.
REPORT AND ASSESSMENT OF
CORPORATE GOVERNANCE
Self Assessment
Pursuant to Bank Indonesia regulation on GCG, in
2008, Bank Bukopin undertook a self assessment of its
GCG as follows:
The self Self assessment is carried out on 11 aspects,
namely:
1. Execution of the Duties and Responsibilities of
the Board of Commissioners
2. Execution of the Duties and Responsibilities of
the Board of Directors
3. Adequacy and Execution of the Duties of
Committees
4. Management of Conflict of Interest
5. Implementation of Bank Compliance
6. Implementation of Internal Audit
7. Implementation of External Audit
8. Implementation of Risk Management and Internal
Controls
9. Lending and Funding to and from Related Parties
and Large Debtors
10.Transparency on the Bank’s Financial and
Non-Financial Conditions, GCG Implementation
Report and Internal Report
11.Strategic Business Plan
The ratings for the above aspects are based on the
performance of the GCG implementation that is
bench-marked against the minimum criteria of
Bank Indonesia.
General Conclusion on the Results of Self
Assessment on the Implementation of Good
Corporate Governance
Based on the result of the self assessment on the
implementation of Good Corporate Governance
for the year 2008, the followings are the general
conclusions:
Ratings of the Respective GCG Assessment
Factors
No
Factors
Rating
1
Roles and Responsibilities of the Board of Commissioners
1
2
Roles and Responsibilities of the Board of Directors
1
3
Adequacy and Execution of the Duties of Committees
2
4
Bank Compliance Function
1
5
Internal Audit Function
1
6
External Audit Function
1
7
Risk Management and Internal Control
2
8
Lending and Fund Provision to Related Parties and Large Debtors
2
9
Strategic Plan
2
10
Transparency on the Bank’s Financial and Non-Financial Conditions
1
11
GCG Implementation Report
2
12
Internal Report
3
13
Management of Conflict of Interest
2
Composite Score = 1,525 with a corporate governance predicate of Good
Bank Bukopin ANNUAL REPORT 2008
97
Follow-up Plans of the Self Assessment GCG Execution Year 2008
No
1
Factors
Follow-up Plans
Execution of Roles
and Responsibilities
of the Board of
Commissioners
• The BOC meetings will include in the agenda discussions
on GCG issues at least twice a year.
• Disclosure statements will be made on ownership of
shares in other companies, to be updated as needed or at
least once a year.
• Endorsement of the draft on the policies for the protocol
on BOC duties.
Continuous
Continuous
4th Quarter 2009
2
Execution of Roles
and Responsibilities
of the Board of
Directors
Endorsement of the on the policies for the protocol on BOD
duties.
4th Quarter 2009
3
Committees
• Will enhance expertise in the area of risk management for
members of the Risk Management Committee, especially
the independent members.
• Will standardise systems and procedures for the
replacement of members of BOC and BOD.
4th Quarter 2009
4
Risk Management
and Internal Control
Function
The Bank will continue to enhance all protocols of risk
management in line with international best practices
and referring to the road map of Bank Indonesia for the
implementation of the Basel II Accord.
4th Quarter 2009
5
Lending and Fund
Provision to Related
Parties and Large
Debtors
The Bank will broaden the diversification of its loan
disbursement.
Continuous
6
Corporate Plan and
Business Plan of the
Commercial Bank
The Bank will constantly seek to improve the formulation of
its corporate plan and business plan.
Continuous
7
Transparency on
the Bank’s Financial
and Non-Financial
Conditions
The Bank will continue to enhance transparency of financial
and non-financial information.
Continuous
8
Internal Report
The Bank will continuously strive to undertake improvements
on its management information system.
Continuous
Strength in the implementation of GCG
Execution of the Duties and Responsibilities of the
Board of Commissioners:
1. The composition and competence of the Board
98
Execution Target
2. The Board of Commissioners has acted and made
its decisions independently.
3. The execution of the duties and responsibilities of
the Board of Commissioners is fully in line with the
of Commissioners are well suited for the size and
principles of GCG, has been effective without even
complexity of the Bank’s business.
minor deficiencies.
Bank Bukopin ANNUAL REPORT 2008
4. Meetings of the Board of Commissioners have
3. The latest work guidelines and systems and
been convened effectively and efficiently.
procedures at every level of the organisation are
5. The transparency aspect of the Board of
available in adequate and comprehensive scope.
Commissioners is excellent and has never made
any violation of prevailing laws and regulations.
Function of Internal Audit:
1. Execution of internal audits has been extremely
Execution of the Duties and Responsibilities of the
effective, in line with internal guidelines and the
Board of Directors.
minimum standards of SPFAIB, without even
Duties and Responsibilities of the BOD:
minor deficiencies.
1. The composition and competence of the Board
2. The IAU has carried out its function independently
of Directors are well suited for the size and
and objectively.
complexity of the Bank’s business.
2. The Board of Directors has acted and made its
decisions independently.
Function of External Audit:
1. The audit execution of the Public Accounting Firm
3. The execution of the duties and responsibilities
has been effective and in line with the agreed
of the Board of Directors is fully in line with the
principles of GCG, and has been effective without
minimum scope of assignments.
2. The quality and scope of audit results by the Public
even minor deficiencies.
Accountant have been excellent.
4. Meetings of the Board of Directors have been
3. The audit has been undertaken by the independent
convened effectively and efficiently.
Public Accountant/PAF that have conformed with
5. The transparency aspect of the Board of Directors
the required criteria.
is excellent and has never made any violation of
prevailing regulations.
Transparency of Financial and Non-Financial
Condition:
The Bank’s Compliance Function:
1. Both financial and non-financial information are
1. The compliance of the Bank is considered
excellent and has never made any violation of
adequate and conform with prevailing regulations.
2. The Bank has disseminated both financial and non-
prevailing regulations and commitments.
financial information to all stakeholders that are
2. The execution of the duties and independency
not limited to meeting statutory requirements and
of the Director of Compliance and Compliance
are highly accessible by the stakeholders.
Working Unit has been effective.
PT Bank Bukopin Tbk
Glen Glenardi
Saean Achmady
President Director
President Commissioner
Bank Bukopin ANNUAL REPORT 2008
99
CORPORATE SECRETARY
2. Riyanto, who had served from March 2008 until
August 2008, was replaced by Tantri Wulandari;
Every publicly listed company is required to set up the
the change of which had been reported to the
Corporate Secretary function pursuant to Bapepam
Indonesia Stock Exchange on 20 August 2008.
regulation No.IX.1.4 on the establishment of Corporate
Secretary in order to enhance the service of issuers or
A brief profile of the current Corporate Secretary of
publicly held companies to their stakeholders.
Bank Bukopin is as follow:
The Corporate Secretary is in charge of assisting the
Board of Commissioners and the Board of Directors as
Tantri Wulandari
well as ensuring that all minutes of the meetings are
Corporate Secretary, 43 years of age.
well documented.
Born in Bogor on 23 August 1965.
In addition, the Corporate Secretary is also responsible
Appointed Corporate Secretary in August 2008
for building effective communications with the
based on the Decision Letter of the BOD of
Bank’s stakeholders, which among others include
Bank Bukopin No. SKEP/397-DIR/07/2008
the availability of material information on the Bank’s
dated 3 July 2008.
performance on an equal basis, accurately and timely;
and providing input to the Board of Directors in
Currently she also serves as Head of the Capital
support of the decision making process.
Market Division of Bank Bukopin, a position
she has held since May 2008. She has been
The Corporate Secretary also serves as a liaison
with the Bank for 17 years, and last served as
between Bank Bukopin and the capital market
the Investor Relations Manager (June 2007-
authorities, shareholders, the investing public, and
May 2008). She has taken various courses as
the mass media.
part of her professional training.
The dissemination of information to investors
She holds a Master’s degree in Management
and other stakeholders is conducted through
from Prasetya Mulya (2004) and graduated
various media, including the General Meeting of
from the Bogor Institute of Agriculture in 1989.
Shareholders, the publication of periodical financial
reports (quarterly, half-yearly and annually), press
releases, public exposes, analyst meetings, one on
Investor Relations and Media
one meetings, road shows, in-house magazines and
Bank Bukopin facilitates investors and capital market
newsletters, and official website, www.bukopin.co.id.
analysts with equal rights provided to shareholders for
The Corporate Secretary is also responsible in ensuring
access to information on the performance of the Bank,
that the Bank complies will prevailing capital market
and provides information to these investors and capital
regulations.
market analysts through several investor relations and
media relations activities.
In 2008, the Corporate Secretary of Bank Bukopin was
changed twice, first:
The activities of investor and media relations during
1. Mulyana, who had served from April 2000 until
2008 were as follows:
March 2008, was replaced by Riyanto; the change
• Press Conference - 12 times
of which had been reported to the Indonesia Stock
• Media Coverage - 544 times
Exchange on 3 April 2008; and subsequently,
100 Bank Bukopin ANNUAL REPORT 2008
• Media gathering - 15 times
2008 Press Releases
• Ad hoc meetings with investors, analysts, securities
As part of the implementation of disclosure for the
houses, correspondent banks - 6 times
public, along year 2008, Bank Bukopin has issued 16
• Annual report - Once
press releases as presented in table below.
• Press releases - 16 times
• Annual General Meeting of Shareholders - Once
• Extraordinary General Meeting of Shareholders
(twice), one of the resolutions of which was to
approve the acquisition of PT Bank Persyarikatan
Indonesia.
List of Press Releases in 2008
No.
Date
Subject
Description
1
16 January
2008
Bank Bukopin - PLN
cooperation on
PPOB & Payment or
Topping-up of Prepaid
Electricity Bill
PT Bank Bukopin Tbk and PT Perusahaan Listrik Negara / PLN (Persero) signed
an agreement and extension on electricity payment facility through the Payment
Point On Line Bank (PPOB) & payment or topping-up of prepaid electricity bills.
2
6 March 2008
Shareholders of Bank
Bukopin approve
the acquisition of BPI
The Extraordinary General Meeting of Shareholders (EGMS) of
PT Bank Bukopin Tbk approves of the Bank’s equity participation in
PT Bank Persyarikatan Indonesia (BPI). Prior to this acquisition, Bank Bukopin
already holds 24.73% of the total issued shares of BPI.
3
24 March 2008
4
25 March 2008
Bank Bukopin
engages four Regional
Development Banks
to finance a 2x30 MW
power plant in Pontianak
PT Bank Bukopin Tbk (Bank Bukopin) together with four Regional Development
Banks, namely Bank Jatim, Bank DKI, BPD Kaltim and Bank Kalbar provided
a syndicated loan facility for the construction of a 2x30 MW steam-generated
power plant in Pontianak, to a PT Equator Manunggal, an affiliate company
of PT Truba Alam Manunggal Engineering Tbk that has its core business as an
Independent Power Producer (IPP). In addition to being a Participating Bank,
Bank Bukopin also acted as the Arranger and Syndicated Credit Agent for the
financing.
5
30 March 2008
Profit of Bank Bukopin
rose by 18.24% in
2007.
Significant growth in both credit and third-party funding as a result of
aggressive promotion and market penetration, contributed positively to Bank
Bukopin’s performance. This was evident from the profit before tax for the year
ending 31 December 2007 (audited figures) that grew by 18.24% to
Rp543.57 billion, compared to that of the year earlier period of
Rp459.73 billion.
6
2 May 2008
Bank Bukopin
sharpens its financial
intermediary role and
focuses its businesses
on the MSMEC sector
Amid the growing pressure and uncertainties of a fluctuative economy in the
first quarter of 2008, as a result of the volatile currency exchange rate and rising
crude oil and petrol price, Bank Bukopin remains highly committed to serve
its financial intermediary role consistently in support of the national economy,
especially the real sector. This is reflected from its posting of loans outstanding
amounting to Rp20.43 trillion in the first quarter of 2008, an increase of
36.34% from Rp14.92 trillion in the corresponding period of the previous year.
In line with this growth, the Bank’s Loan to Deposit Ratio (LDR) also grew from
58.85% to 72.56% during the same two-year period.
Bank Bukopin launched the SiAga Savings with the New BMW 320i prize,
the SiAga Savings with instant prizes and the Premium SiAga Savings.
Bank Bukopin ANNUAL REPORT 2008 101
No.
Date
Subject
Description
7
22 May 2008
Bank Bukopin
convenes AGMS and
EGMS: “Bank Bukopin
declares cash dividends
of Rp32.83 per share.”
PT Bank Bukopin Tbk convenes the Annual General Meeting of Shareholders
(AGMS) for the financial year 2007 and Extraordinary General Meeting of
Shareholders (EGMS). In the AGMS, the shareholders of Bank Bukopin agreed
to distribute cash dividends amounting to Rp187.56 billion or Rp32.83 per
share, or 50% of the consolidated net profit for the year 2007 amounting to
Rp375.13 billion.
8
18 June 2008
Bank Bukopin launches
the Bukopin SiAga
Savings for Business
In order to fulfil customer needs, especially in product innovation that is suited
the requirements and characteristics of specific customers, PT Bank Bukopin Tbk
launches its latest savings product under the name of the Bukopin SiAga Bisnis
Savings for its corporate customers.
9
24 June 2008
Bukopin Syariah
Launches the iB
Savings Plan
Bukopin Syariah launches a new product, the iB Savings Plan for customers of
the Bukopin sharia banking unit. The initial, iB, stands for Islamic Banking.
10
31 July 2008
Bank Bukopin posts
profit of Rp293 billion
in the first semester of
2008.
PT Bank Bukopin Tbk announces unaudited profit before tax for the first
semester of 2008 of Rp293 billion, a marginal increase of 0.69% from
Rp291 billion in the corresponding period of the previous year.
11
4 August 2008
Public Expose of first
semester financial
results: Bank Bukopin
achieves profit of
Rp293.05 billion.”
Amid the pressures of a fluctuative economy in the first semester of 2008, as
a result of the volatile currency exchange rate and rising crude oil and petrol
price, Bank Bukopin has been able to consistently post an unaudited profit
before tax for the first semester of 2008 amounting to Rp293.05 billion, a
marginal increase of 0.69% from Rp291 billion in the corresponding period of
the previous year.
12
22 September
2008
Bank Bukopin
expands its business to
multifinance
The competition in the financial industry has increased of late. From
competition of interest rates among banks and financial institutions,
competition in prizes, to the lowering of self-financing by debtors, all this has
made the financial sector one of the most fiercely contested business turf that
no bank can afford to ignore.
13
30 October
2008
Bank Bukopin posts
profit before tax of
Rp438.86 billion up to
three quarters of 2008
PT Bank Bukopin Tbk (BBKP) announces unaudited profit before tax up to
the three quarters of 2008 of Rp438.86 billion, an increase of 6.57% from
the profit before tax of Rp411.81 billion in the corresponding period of the
previous year.
14
31 October
2008
The Bukopin SiAga
Savings launches
the Point Smash
Wokeee…!!! & Prize
Draw of the New
BMW 320i
As a mark of appreciation to the Bank’s customers, PT Bank Bukopin Tbk. once
again launches a new program feature of the Bukopin SiAga Savings called the
Point Smash Wokeee…!!! & Prize Draw for the New BMW 320i that will take
place between 1 November 2008 - 31 March 2009.
15
12 November
2008
Bank Bukopin relocates
its Main Branch Office
in Bandung
Bank Bukopin inaugurates its new Main Branch Office in Bandung, which
was relocated from the Sumatera Street to the Asia-Afrika Street. The office
relocation is due to the rapid growth of the Bank’s business, inducing the Bank
to seek for a more representative location and office in order to better serve its
customers, business partners and other stakeholders in Bandung.
16
18 November
2008
Relocation of the Main
Branch Office of Bank
Bukopin in Pontianak
Bank Bukopin inaugurates its new Main Branch Office in Pontianak, relocating
from Ir H Juanda Street No. 55 - 56 to Teuku Umar Street, Pontianak Mall
Complex, Block D No. 1-3.
102 Bank Bukopin ANNUAL REPORT 2008
Correspondence with BAPEPAM-LK and the Indonesia Stock Exchange in 2008 (in which notices
to Bapepam-LK are also conveyed to IDX, and vice-versa).
Date
Addressee
Subject
02 January 2008
BAPEPAM-LK
Information disclosure on the plan of PT Bank Bukopin Tbk to
increase its equity holding in PT Bank Persyarikatan Indonesia.
30 January 2008
BAPEPAM-LK
Notice of the plan to convene the Extraordinary General
Meeting of Shareholders of PT Bank Bukopin Tbk.
06 February 2008
BAPEPAM-LK
Filing of proof of publication ads on the Acquisition Plan and
proof of publication ads on the plan of the EGMS.
08 February 2008
BAPEPAM-LK
Forwarding of the Letter of the Minister of Justice & HAM
No.AHU.AH.01.10-2537 dated 31 January 2008 on the
Receipt of Notice for Amendment of the Articles of Association
(Changes in the paid-up capital of PT Bank Bukopin Tbk).
19 February 2008
BAPEPAM-LK
Amendment of the agenda of the EGMS of
PT Bank Bukopin Tbk.
20 February 2008
BAPEPAM-LK
Filing of proof of advertisement on the planned agenda of
the EGMS of PT Bank Bukopin Tbk.
20 February 2008
BAPEPAM-LK
Forwarding of the Letter of the Minister of Justice & HAM
No.AHU.AH.01.10-3591 dated 14 February 2008 on
the Receipt of Notice for the Amendment of the Articles of
Association (Changes in the paid-up capital of
PT Bank Bukopin Tbk).
26 February 2008
BAPEPAM-LK
Filing of proof of advertisement on the amendment of
the Summary BPI Acquisition Plan.
05 March 2008
BAPEPAM-LK
Notice of additional agenda for the EGMS of
PT Bank Bukopin Tbk.
06 March 2008
BAPEPAM-LK
Report of the resolutions of the EGMS of
PT Bank Bukopin Tbk.
06 March 2008
BAPEPAM-LK
Filing of proof of advertisement on the additional agenda of
the EGMS of PT Bank Bukopin Tbk.
10 March 2008
BAPEPAM-LK
Filing of proof of advertisement on the resolutions of
the EGMS of PT Bank Bukopin Tbk.
31 March 2008
BAPEPAM-LK
Filing of proof of advertisement on the publication of
the financial statements of PT Bank Bukopin Tbk for fiscal year
2008.
01 April 2008
BAPEPAM-LK
Information disclosure report on the execution of
the acquisition of PT Bank Persyarikatan Indonesia by
PT Bank Bukopin Tbk.
Bank Bukopin ANNUAL REPORT 2008 103
Date
Addressee
Subject
17 April 2008
BAPEPAM-LK
Notice of the plan to convene the Annual General Meeting of
Shareholders of Bank Bukopin foe fiscal year 2007 and EGMS.
23 April 2008
BAPEPAM-LK
Filing of proof of advertisement on the publication of the AGMS
for fiscal year 2007 and EGMS of PT Bank Bukopin Tbk.
28 April 2008
BAPEPAM-LK
Filing of proof of advertisement on the publication of quarterly
financial statements of PT Bank Bukopin Tbk, January-March
2008.
30 April 2008
BAPEPAM-LK
Filing of the 2007 Annual Report.
02 May 2008
BAPEPAM-LK
Filing of unaudited financial statements for first quarter 2008 of
PT Bank Bukopin Tbk.
07 May 2008
BAPEPAM-LK
Filing of proof of advertisement on Notice of AGMS and EGMS
of PT Bank Bukopin Tbk.
09 May 2008
BAPEPAM-LK
Filing of proof of advertisement on the Call Option for
the Bank Bukopin Bonds of 2003.
23 May 2008
BAPEPAM-LK
Report on the resolutions of the AGMS for fiscal year 2007 and
EGMS of PT Bank Bukopin Tbk.
26 May 2008
BAPEPAM-LK
Filing of proof of advertisement on the announcement of the
resolutions of the AGMS and EGMS of PT Bank Bukopin Tbk.
18 June 2008
BAPEPAM-LK
Information disclosure on the change of name of
PT Bank Persyarikatan Indonesia to PT Bank Syariah Bukopin.
22 July 2008
BAPEPAM-LK
Information disclosure on the change of name of PT Indo Trans
Buana Multi Finance (ITBMF) to PT Bukopin Finance.
24 July 2008
BAPEPAM-LK Stakeholder
Satisfaction Survey Team
Filing of the Bapepam-LK Stakeholder Satisfaction Survey.
31 July 2008
BAPEPAM-LK
Filing of proof of advertisement on the publication of quarterly
financial statements of PT Bank Bukopin Tbk, April-June 2008.
31 July 2008
BAPEPAM-LK
Filing of quarterly financial statements of PT Bank Bukopin Tbk,
April-June 2008.
21 August 2008
BAPEPAM-LK
Information disclosure on the change of name of a subsidiary
company of PT Bank Bukopin Tbk.
22 August 2008
BAPEPAM-LK
Report on the execution of the MSOP of PT Bank Bukopin Tbk,
first-phase and second-phase.
26 August 2008
BAPEPAM-LK
Amendment on the report on the execution of the MSOP of
PT Bank Bukopin Tbk, first-phase and second-phase in 2008.
104 Bank Bukopin ANNUAL REPORT 2008
Date
Addressee
Subject
05 September 2008
BAPEPAM-LK
Information disclosure on the amendment to the Articles of
Association of PT Bank Bukopin Tbk, pursuant to the Laws on
Limited Liability Company.
29 October 2008
PT Bursa Efek Indonesia
Information disclosure on the plan for a Public Expose.
31 October 2008
BAPEPAM-LK
Filing of quarterly financial statements of PT Bank Bukopin Tbk,
July-September 2008.
06 November 2008
BAPEPAM-LK
Report of the plan for the EGMS of a subsidiary company of
PT Bank Bukopin Tbk.
10 November 2008
BAPEPAM-LK
Filing of the presentation materials of the Public Expose of
PT Bank Bukopin Tbk.
14 November 2008
PT Bursa Efek Indonesia
Filing of the Results of the Public Expose of
PT Bank Bukopin Tbk.
02 December 2008
BAPEPAM-LK
Response to inquiries on press news with respect to liquidity
issues.
16 December 2008
BAPEPAM-LK
Notice for the plan to convene the EGMS of
PT Bank Bukopin Tbk.
Bank Bukopin ANNUAL REPORT 2008 105
Corporate
Social Responsibility
T
he CSR activities realised by Bank
Bukopin have a sustainable concept
that are designed in short, medium
and long-term horizons, as part of the
Bank’s development plan.
As an inseparable part of our communities, Bank
concept that are designed in short, medium and
Bukopin has a strong commitment to undertake its
long-term horizons, as part of the Bank’s development
Corporate Social Responsibility (CSR). This is due to
plan. These CSR programmes are sustainable in the
the fact that the success of the Bank is not irrespective
long-term, covering three main areas, namely education,
of the support of our communities. Therefore, it is
public healthcare and social welfare. Social welfare
appropriate if we should allocate some of the benefits
activities are not only physical in form, but also seek to
of our successes back to our communities, especially
improve the quality of life, for example religious life,
those in which Bank Bukopin operates.
sports activities and the expression of arts and culture.
The commitment is also encouraged by the fact
In education, Bank Bukopin undertakes sustainable
that CSR is an activity that is an integral part of the
programs to renovate school facilities, supply books
implementation of good corporate governance.
and computers, provide scholarships, and sponsor a
variety of school competition, and supports training
As a responsible enterprise, Bank Bukopin does
activities for related members of the community,
not merely seek profit for profit alone, but also to
such as banking education, seminars, workshops and
contribute in increasing the economic prosperity and
others.
social welfare of its surrounding environment. The CSR
activities realised by Bank Bukopin have a sustainable
106 Bank Bukopin ANNUAL REPORT 2008
In the health sector, Bank Bukopin initiates blood
the MTQ (Islamic prayers) competition. In addition,
donor activity as a routine annual tradition, which is
Bank Bukopin also sponsored various art activities
followed by both employees and the communities
organised by schools, foundations and institutions for
surrounding the Bank’s operations. Bank Bukopin
the communities of arts and culture.
also regularly provides treatment aids for patients of
low income group. In 2008, Bank Bukopin provided
Showing its support for sports activities as well, Bank
assistance in the form of donations to the treatments
Bukopin sponsored a wide range of sports tournaments
of Hydrocephalus, stroke and mass circumcision.
held within its communities, from football meets to
In addition, Bank Bukopin funded the provision of
golf tournaments.
computer facilities for a hospital in Bogor, and support
various programs organised by the Indonesian Heart
In the future, the CSR program of the Bank will
Foundation.
emphasise more on sustainable community
development programs, as it seeks to strike a balance
In the efforts to improve the welfare of communities,
in its triple bottom line results, namely economic
Bank Bukopin combines efforts to empower local
growth, social welfare and natural preservation.
economies through the provision of seed capital, with
incidental aids, such as those provided to victims of
Throughout 2008, Bank Bukopin spent more than
natural disasters, and donations to orphanages. In
Rp2.0 billion for various CSR activities carried out by
2008, for example, Bank Bukopin gave its donations to
the Bank across the country.
orphanages in Jakarta, Mataram, Purwokerto, Kupang
and Tasikmalaya. At the same time, Bank Bukopin
also provided relief aids for those affected by natural
disasters, including victims in Pare-Pare and flood
victims in Semarang.
In the areas of religion and arts, Bank Bukopin
participated in the construction of places of
worships in Bandung, Makassar, Mataram, Pare-pare,
Tasikmalaya and Yogyakarta; donated sacrificial
cows and lambs for the Idul Adha celebration, the
Hindu Nyepi (solitude) ritual, and helped organise
Bank Bukopin ANNUAL REPORT 2008 107
Transparent &
&
Transparent
Accessible
Accessible
108 Bank Bukopin ANNUAL REPORT 2008
Transparency and accessibility are also
hallmarks of the reputable, successful
company. Bank Bukopin ascribes to
these two values that are universal in
both their spirit and application, and
which are highly valued by stakeholders
across the board.
Disclosure of financial report and other
material information to stakeholders
are of the utmost importance to Bank
Bukopin, and we make every efforts
to make any or all non-strategicallyconfidential information accessible by
the public, as well as to conduct our
businesses in a fair and transparent
manner.
Management’s Discussions and Analysis [110]
Responsibility on the Financial Statements [124]
Financial Statement [125]
Bank Bukopin ANNUAL REPORT 2008 109
Management’s Discussions
and Analysis
OVERVIEW
The following discussions are based on the consolidated
financial statements of PT Bank Bukopin Tbk and its
Bank Bukopin and its subsidiaries are financial
subsidiaries for the years ending 31 December 2008,
institutions that are engaged in banking and consumer
2007 and 2006. As such, for a comprehensive review,
finance. On 31 March 2008, the Bank increased its
refer to the financial statements of PT Bank Bukopin Tbk
holding in PT Bank Syariah Bukopin (formerly PT Bank
and its subsidiaries that have been audited by the Public
Persyarikatan Indonesia) such that its stake rose to
Accounting Firm of Purwantono, Sarwoko & Sandjaja
65.44% and since then the financial statements of
(a member firm of Ernst & Young Global) for the year
PT Bank Syariah Bukopin has been consolidated in the
ending 31 December 2008 and 2006; and the Public
consolidated financial statements of the Bank.
Accounting Firm of Haryanto Sahari & Associates
(a member of PriceWaterhouseCoopers) for the year
The results of operations and financial condition of
ending 31 December 2007; all of which have received
the Bank for the year ending and on 31 December 2008
unqualified opinions from the auditors.
showed an encouraging achievement in the midst of
a global financial crisis that affected global economy.
Various global financial phenomena in 2008 also
PROFIT AND LOSS
effected the national banking sector. In the face of a
Net Income
considerable crisis, albeit supported by the tireless
During the year 2008, Bank Bukopin posted a profit
efforts of the Management and employees of Bank
before tax of Rp551 billion, and increase of 1% from
Bukopin, the Bank was still able to maintain its
Rp543 billion in 2007. The increase was primarily due
financial condition, as reflected in its consolidated
to the increases in interest income and Sharia revenue
financial statements. An increase in the net interest
to an amount of Rp180 billion, or 14%, and other
margin as well as level of efficiency represent one
operating income of Rp43 billion, or 16%, from those
of the bank’s achievements amid the challenging
of the previous years.
conditions.
The relatively stable net interest income and net sharia
revenue, as well as other operating income, were able
to compensate for the increases in assets provisioning
expense and other operating expenses. With a
corporate income tax of Rp182 billion during the year,
Bank Bukopin netted a net income of Rp369 billion, a
decrease of 2% from Rp375 billion in 2007.
110 Bank Bukopin ANNUAL REPORT 2008
Table 1. Profit and Loss in 2008, 2007 and 2006
Interest and Sharia Income
(in billion Rupiah, except for the percentage)
Interest and Sharia income, including provisionary fees
Items
2008
2007
Change in
2007 – 2008
2006
Amount
Interest and Sharia
Income
Interest and Sharia
Expenses
3,372
3,212
%
in 2008, an increase of Rp160 billion, or 5%, from
Rp3,212 billion in 2007. The largest contributor to
both interest and Sharia income was attributed to the
3,069
160
5%
(1,904) (1,924) (1,842)
(20)
-1%
Rp558 billion, or 27%, from Rp2,084 billion in 2007
in the volume of credit and sharia financing. While
Net Interest and
Sharia Income
1,468
1,288
1,227
180
14%
Other Operating
Income
309
266
170
43
16%
growth of loan interest income and sharia margin of
to Rp2,642 billion in 2008 as a result of the growth
on the other hand, interest income from marketable
securities and investment in the money markets
declined by Rp376 billion, or 51%, and Rp32 billion,
Provision for Possible
Losses on Earning
Assets - net
(85)
(33)
(145)
(52)
158%
Provision for Reversal
of Estimated Losses
on commitment and
contingencies - net
1
(1)
(19)
2
200%
Provision for Possible
Losses on Non
Earning Assets - net
(4)
or 19%, respectively, as a result of their volumes.
The growth of loan interest income and sharia financing
margin was mainly attributed to a Rp3,894 billion,
or 20%, increase in the volume of credit and sharia
(11)
-
7
-64%
financing. Both interest income and margin income from
sharia financing contributed to 78% of total interest and
margin income of the Bank.
Gain (loss) from
Increase (decrease)
in Market Value of
Trading Securities
- net
Other Operating
Expenses
and credit commissions, amounted to Rp3,372 billion
(18)
5
9
(23)
-460%
Interest and Sharia Expenses
Interest and sharia expenses decreased by Rp20 billion,
(1,118)
(986)
(812)
(132)
13%
553
528
430
25
5%
Non operating
Income (expense)
(2)
15
30
(17)
-113%
Income before Tax
551
543
460
8
1%
Corporate Income
Tax - net
(182)
(168)
(144)
(14)
8%
Minority Interest
-
-
-
Pre-acquisition
Income of a
Subsidiary
-
-
-
369
375
315
Income from
Operations
Net Income
*) Less than Rp500 million
or 1%, from Rp1,924 billion in 2007 to Rp1,904 billion
in 2008. This decrease was mainly attributed to the
decline in interest expenses of demand deposits by as
much as Rp89 billion, or 34%, as a result of the
decline in the balance of the demand deposits by
Rp3,073 billion; and interest expenses on issued
securities by Rp29 billion, or 42%, as a result of the
maturity of the issued securities on 10 July 2008. While
on the other hand, there were increases in the interest
expenses on savings, time deposits and placement from
other banks of Rp35 billion, or 44%; Rp23 billion, or
2%; and Rp26 billion, or 40%, respectively, in line with
(6)
-2%
the growth in total savings of Rp1,151 billion, time
deposits of Rp151 billion and placement from other
banks of Rp266 billion.
Bank Bukopin ANNUAL REPORT 2008 111
Net Interest and Sharia Income
Other Operating Income
As a result of the increase in interest and Sharia
Other operating income in 2008 increased by
income of Rp160 billion, or 5%, and the decline in the
Rp43 billion, or 16%, from Rp266 billion in 2007 to
interest and sharia financing expenses of Rp20 billion,
Rp309 billion in 2008. The increase was primarily
or 1%, the net interest and sharia financing income
attributed to an increase in non-credit provisioning
increased by Rp180 billion, or 14%, from that of the
fee and commission of Rp41 billion, or 105%,
previous year. With an achievement of net interest
from those of the previous year. Provisioning fees
income of Rp1,468 billion, the net interest margin
and commissions contributed most, especially
of the Bank was 4.80%, an increase by 0.51% from
commissions earned on trade finance, micro business
4.29% in 2007.
and investment banking. In addition, in 2008 an
increase was also posted on fee-based income by
Rp12 billion, or 24%, which was primarily derived
Table 2. Interest and Sharia Income, and Interest and
from the increase in fee-based income from public
Sharia Expenses in 2008, 2007 and 2006
service that has recently been the focus of the bank’s
(in billion Rupiah, except for the percentage)
Items
2008
2007
business. While revenues from other operations
Change in
2007 – 2008
2006
Amount
contributed revenues of Rp44 billion, mainly derived
from the earnings of the treasury and credit card
%
businesses.
Interest and Sharia Income
Loans
2,553
2,020
2,029
533
26
Securities
358
734
740
(376)
(51)
Money Market
Placements
137
169
82
(32)
(19)
23
7
6
16
229
Current Account with
Bank Indonesia
12
27
29
(15)
(56)
Current Account with
Other Banks
1
1
2
-
-
Time Deposits
-
2
5
(2)
(100)
Sharia Income
Fee and Commissions
Total Interest and Sharia
Income
-
-
-
-
-
89
64
53
25
39
199
188
123
11
6
3,372
3,212
3,069
160
5
Interest and Sharia Expenses
Demand Deposits
Saving Deposits
2006
(in billion Rupiah, except for the percentage)
Securities Purchased with
Agreement to Resell
Other Receivables
Table 3. Other Operating Income in 2008, 2007 and
169
258
215
(89)
(34)
Items
2008
2007
2006
Change in
2007 – 2008
Amount
Other Operating
Income
%
309
266
171
43
16
Other Provision
and Commission
80
39
27
41
105
Gains (loss) from
Currency Exchange
18
27
15
(9)
(33)
Fee Income
61
49
37
12
24
Administration Fee
55
49
40
6
12
Fines
22
15
15
7
47
114
79
62
35
44
1,368
1,345
1,295
23
2
Fund Borrowings
80
72
88
8
11
Gains from Sale of
BI Certificate
16
74
29
(58)
(78)
Deposits from Other
Banks
90
64
77
26
41
Others
57
13
8
44
338
Securities Issued
40
69
74
(29)
(42)
Securities Sold with
Agreement to Repurchase
12
8
2
4
50
Sharia Expense
Time Deposits
31
29
29
2
7
Total Interest and Sharia
Expenses
1,904
1,924
1,842
(20)
(1)
Net Interest and Sharia
Income
1,468
1,288
1,227
180
14
Net Interest Margin (%)
4.80
4.29
5.18
0.51
*) Less than Rp500 million
112 Bank Bukopin ANNUAL REPORT 2008
Other Operating Expenses
In 2008 other operating expenses increased by
Rp197 billion, or 19%, from Rp1,027 billion in 2007
Table 4. Other Operating Expenses in 2008, 2007 and
2006
(in billion Rupiah, except for the percentage)
to Rp1,224 billion in 2008. The strategy of network
expansion by the Bank resulted in the increase of
Items
2008
2007
Change in
2007 - 2008
2006
other operating expenses by Rp132 billion, or 13%,
mainly resulting from the increase in general and
administrative expenses by Rp81 billion, or 16%,
and personnel expenses by Rp47 billion, or 11%,
due to the increase in the number of personnel by
167 people, and an increase in personnel welfare.
Meanwhile, the decline in capital market activities
in the fourth quarter of 2008, which resulted in the
decline of the value of the marketable securities held
by the Bank, contributed to an increase in expense of
Rp23 billion, or 460%.
With an economic condition that has yet to recover,
as a result of the global financial crisis, this has a
profound influence on the businesses of debtors.
This in turn affected Bank Bukopin to the extent
that in 2008, the Bank had to increase its loan loss
provisioning expense by as much as Rp52 billion, or
158%. The increase in loan loss provisioning expense
was also the result of the increase in earning assets
which grew by 3% and the decrease in the quality of
these earning assets.
Amount
Operating Expense
%
(1,224)
(1,027)
(967)
(197)
19%
(85)
(33)
(145)
(52)
158%
Provision for Reversal
of estimated Losses
on commitment and
contingencies - net
1
(2)
(19)
3
(150%)
Provision for Possible
on Non Earning Assets
- net
(4)
(11)
-
7
(64%)
Gain (loss) from
Increase (decrease) in
Market Value of Trading
Securities - net
(18)
5
9
(23)
(460%)
(1,118)
(986)
(812)
(132)
13%
~ General and
Administration
Expense
(592)
(511)
(434)
(81)
16%
~ Employees Salaries
and Benefits
(465)
(418)
(341)
(47)
11%
~ Premium for
Government
Guarantee Program
(61)
(57)
(37)
(4)
7%
Provision for Possible
on Earning Assets - net
Other Operating
Expenses
Allowance for Possible Losses on Earning Assets
Bank Bukopin set aside an allowance for possible
losses on earning assets by referring to 2 (two)
regulations, one on conventional banking that is based
on Bank Indonesia regulation No.7/2/PBI/2006 dated
20 January 2006 on the Assessment of Commercial
Bank Assets Quality, which was amended by
BI Regulation No.8/2/PBI/2007 dated 30 January
2007; and the other on sharia banking that is based
on BI Regulation No.5/7/PBI/2004 dated 19 May
2004 concerning the Allowance for Possible Losses on
Sharia Bank’s Earning Assets.
Total allowance for possible losses on earning assets
provided, was adequate for covering possible losses on
earning receivables collection, as presented in Table 5.
Bank Bukopin ANNUAL REPORT 2008 113
Table 5. Allowance for Possible Losses on Earning Assets
In 2008 net allowance for possible losses on earning
in 2008, 2007 and 2006
assets amounted to Rp742 billion, an increase of
Rp322 billion, or 77%, compared to Rp420 billion in
(in billion Rupiah, except for the percentage)
Items
2008
2007
2006
Amount
Loans
Ratio of allowance
for possible losses
to total loans (%)
641
347
274
294
2.78%
1.81%
1.87%
0.97%
66
38
25
28
2.80%
5
0.78%
outstanding, which also became part of the recognised
the increase in the possible loan loss provisioning was
1.82%
5
5
-
0.07%
0.05%
0.04%
1
1
1
-
-
assets, at a time when the quality of these assets
which affected the businesses of debtors.
-
Non-Operating Income (Expense) - Net
Non-operating income (expense) - net is the net
0.74%
1.28%
1.52%
-0.54%
*
*
*
-
difference between the Bank’s non-operating income
and non-operating expense. In 2008, the Bank posted
a net non-operating expense of Rp2 billion, a decrease
-
of 113% compared to the net non-operating income
of Rp15 billion that was posted in 2007. This was due
1.00%
1.52%
0.98%
(0.52%)
1
1
1
-
56.68%
3.08%
2.86%
53.60%
to the fact that in 2007, the Bank had posted a reversal
of accrued litigation expenses that had been won by
-
Bank Bukopin. Moreover, the Bank’s non-operating
expense increased as a result of the installment
payment in regards to the tax objection on VAT over
the sharia murabahah transaction and an improper
28
28
27
-
-
income tax that was imposed on a tax object, as stated
in Note 20 of the Consolidated Financial Statements of
PT Bank Bukopin Tbk and its Subsidiaries.
0.17%
0.36%
0.53%
-0.19%
Balance Sheet
In 2008. the Bank’s management policies on assets
Total year-end
balance of
provisioning expense,
commitments and
contingencies
Ratio of
provisioning
expense to total
earning assets (%)
0.98%
0.11%
Commitment &
Contingencies
Ratio of allowance
for possible
losses to total
commitments and
contingencies (%)
74%
slightly declined due to the global financial crisis
Investment
Ratio of allowance
for possible losses to
total investment (%)
eliminated, such that the Bank had to form a 100%
also the result of an increase in the amount of earning
Derivative
Receivables
Ratio of allowance
for possible losses
to total derivative
receivables (%)
Syariah Bukopin amounting to Rp298 billion, and at
goodwill at the time of the acquisition. In addition,
Acceptance
Receivables
Ratio of allowance
for possible losses
to total acceptance
receivables (%)
by the Bank to acquire the credit portfolio of Bank
85%
provisioning to fully reflect the fair value of the credit
Securities
Ratio of allowance
for possible losses to
total securities (%)
on earning assets was mainly due to the decision
%
the time of its consolidation, the cash collaterals were
Placement with other
Banks**)
Ratio of allowance
for possible losses to
total placement with
other banks (%)
2007. The increase of allowance for possible losses
Change in
2007 – 2008
742
420
333
322
77%
and liabilities continued to place an emphasis on
the expansion of low risk-bearing earning assets,
combined with the generation of low-cost retail
funding.
2.21%
1.29%
1.14%
*) Less than Rp500 million
**) Include Demand Deposits from other banks
114 Bank Bukopin ANNUAL REPORT 2008
0.92%
In managing its operations, the Bank has been
consistent in being responsive to market conditions,
Acceptance
receivables
and to the needs of its liquidity and profitability, as
Investment
well as risk management in such a way that Bank
Deferred tax
assets
manages its assets and liabilities by maintaining a
balanced structured on its assets, liabilities and interest
135
78
66
57
73
1
37
40
(36)
(97)
75
19
10
56
295
rates.
Allowance for
possible losses
on earning assets
(714)
(392)
(306)
(322)
82
Total Assets
Fixed assets - net
408
322
269
86
27
Total assets in 2008 decreased by 5% from
Other assets
802
501
366
301
60
32,633
34,446
31,556
(1,813)
(5)
Deposits from
third parties
27,521
29,292
24,885
(1,771)
(6)
Deposits from
other banks
1,127
861
914
266
31
135
78
66
57
73
Securities issued
-
575
585
(575)
(100)
Fund borrowings
923
896
852
27
3
Estimate losses
on commitments
& contingencies
28
28
27
-
-
-
-
495
-
Tax payable
104
59
86
45
76
Liabilities
immediately
payable
178
208
1,589
(30)
(14)
Other liabilities
449
479
384
(30)
(6)
5
5
5
-
-
2,163
1,965
1,668
198
10
32,633
34,446
31,556
(1,813)
(5)
Rp34,446 billion in 2007 to Rp32,633 billion in 2008,
mainly due to the decline in third-party deposits by
Rp1,771 billion, or 6%, as presented in table 6.
Liabilities and
Equities
Table 6. Balance Sheets in 2008, 2007 and 2006
(in billions of Rupiah, except for percentages)
Items
2008
2007
Change in
2007 – 2008
2006
Amount
%
Acceptance
Payables
Assets
Cash
Demand
deposits at Bank
Indonesia
Demand
deposits at other
banks
683
422
276
261
62
1,200
3,687
2,422
(2,487)
(67)
772
Placement at
Bank Indonesia
& other banks
1,582
Securities
4,523
Securities
purchased with
agreement to
resell
Derivative
receivables
Loans
Total Assets
74
3,795
6,721
54
3,147
10,501
698
(2,213)
(2,198)
943
(58)
(33)
111
33
26
78
236
13
1
2
12
1,200
23,042
19,148
14,683
3,894
20
Securities sold
with agreement
to repurchase
Minority interest
Equity
Total liabilities
and stockholders’
equity
Bank Bukopin ANNUAL REPORT 2008 115
Assets
Derivatives Receivables
In 2008 the Bank had derivatives receivables on the
Placement at Bank Indonesia and Other Banks
purchase of a foreign-currency swap and forward
Placement at Bank Indonesia and other banks in 2008
contracts amounting to Rp13 billion, an increase of
amounted to Rp1,582 billion, a decrease of 58%
Rp12 billion compared to Rp2 billion in 2007.
compared to Rp3,795 billion in 2007. The decrease
was mainly due to the decline in inter-bank call money
Sharia Credit and Financing Outstanding
of Rp2,660 billion, or 71%, whereas the placement at
In 2008, the amount of sharia credit and financing
Bank Indonesia increased by Rp477 billion, or 745%.
reached Rp23,042 billion, an increase of
The decline was also related to the opportunity for the
Rp3,894 billion, or 20%, from Rp19,148 billion
Bank to derive greater yields from other earning assets.
in 2007. This increase was mainly derive from the
disbursement growth of working capital credit
Marketable Securities
amounting to Rp1,551 billion, or 13%, investment
In 2008, the Bank’s portfolio of marketable securities
credit of Rp1,348 billion, or 31%, consumer credit of
comprised of the Bank Indonesia Certificate (SBI),
Rp267 billion, or 15%, and other credit of
BI Wadiah Certificate (SWBI), corporate bonds,
Rp728 billion, or 71%.
government bonds, treasury bills (ORI) and domestic
and export letters of credits. The total value of these
Bank always considers the diversification of loan
marketable securities amounted to Rp4,523 billion,
based on economic sector under the prudential
a decrease of 33% compared to Rp6,721 billion in
banking principles as an effort to minimize the risk of
2007, mainly resulting from the decline in SBI and
loan recovery that influences the loan quality. The loan
SWBI totalling Rp2,589 billion.
portion to trading sectors, business services sectors,
construction and agriculture sector in 2008 were 37%,
Securities Purchased with Agreement to
Resell
18%, 16% and 6%.
In 2008, Bank Bukopin entered into a marketable
In 2008, loans and sharia financing to micro, small,
securities transaction in which the bank purchases
medium enterprise and cooperative (MSMEC) and
certain securities with the agreement to resell
credit related to MSMEC which remained the main
them at future dates. These securities amounted to
focus of the Bank’s lending activities, accounted for
Rp111 billion of government bonds, an increase of
59% of total credit outstanding, whereas commercial
Rp78 billion compared to the 2007 amount of
credit and consumer credit accounted for 33% and
Rp33 billion. The increase was mainly due to the
9%, respectively, of total loans.
potential gains that can be derived through the
difference in the value of these securities.
116 Bank Bukopin ANNUAL REPORT 2008
In 2008, the ratio of non-performing loans (Bank only)
was 4.87%, an increase of 1.30% from 3.57% in
Acceptance Receivables
2007, primarily attributed to the economic crisis that
In 2008, total acceptance receivables amounted to
affected the businesses of debtors. Nevertheless, this
Rp135 billion, an increase of Rp57 billion, or 73%,
has been anticipated by Bank Bukopin that took the
compared to Rp78 billion in 2007, due to the increase
following mitigating measures:
in the volume of trade finance transactions.
•
Undertake close monitoring and mentoring on
Investments
existing debtors in economic sectors that had
Total investments (Bank only) in 2008 amounted to
been identified as being potentially at risk to non-
Rp154 billion, an increase of Rp97 billion, or 170%,
performing loans and thereby to the Bank’s CAR,
compared to Rp57 billion in 2007. This increase was
and worked towards maintaining the quality of
mainly derived from the increase in the Bank’s equity
credits.
participation in PT Bank Syariah Bukopin (formerly
Undertake credit restructuring efforts on debtors
PT Bank Persyarikatan Indonesia) of Rp100 billion
that are potentially defaulting.
that was executed on 31 March 2008. Bank Bukopin
Undertake reviews of debtor’s collaterals in
also held stakes in PT Bukopin Finance (PT Indo Trans
order to maximise the value of these collaterals
Buana Multi Finance) of 80% and in PT Bank Syariah
as factors that can reduce the amount of loss
Bukopin of 65.44%.
•
•
provisioning.
Earning Assets
Table 7. Growth of Credit and Sharia Financing in Terms
of Quality in 2008, 2007 and 2006 (Bank only)
(in billion Rupiah, except for the percentage)
Description
2008
2007
Total earning assets (Bank only) including
Letters of Credits and Bank Guarantees grew by
Rp1,108 billion, or 3%, from Rp32,481 billion
Change in
2007 – 2008
2006
Amount
%
Total credit
22,856
19,138 14,684
3,718
19%
Current
20,865
18,013 13,506
2,852
16%
in 2007 to Rp33,589 billion in 2008. The ratio of
non-performing loan assets to total earning assets in
2008 was 3.08%, an increase 1.68% compared to
2.12% in 2008, primarily attributed to the increase
of non-performing loans and the decline in the
Special Mention
878
442
632
436
99%
Sub standard
338
72
44
266
369%
68
54
78
14
26%
Bukopin has resolved the matter through restructuring,
707
557
424
150
27%
rescheduling, reconditioning, litigating, and collecting
1.113
683
546
430
63%
on non-performing earning assets.
4.87%
3.57%
3.72%
1.30%
Doubtful
Loss
Total NPL
Ratio NPL - Gross
quality of placements with other banks. Despite
the increase in the amount of earning assets, Bank
Liabilities
In complying with the Legal Lending Limit
In 2008, total liabilities amounted to Rp30,465 billion,
requirement, Bank Bukopin did not exceed such limit
a decrease of Rp2,011 billion, or 6%, from
in the disbursement of its loans.
Rp32,476 billion in 2007. The decrease in total
liabilities was mainly due to the decrease in the
amount of customer savings amounting to
Rp1,771 billion, or 6%, as well as the maturity of
certain marketable securities amounting to
Rp575 billion on 10 July 2008.
Bank Bukopin ANNUAL REPORT 2008 117
Third Party Deposits
In 2008, time deposits amounted to Rp17,621 billion, an
In 2008, third party deposits amounted to
increase of Rp151 billion, or 1%, from Rp17,470 billion
Rp27,521 billion, a decrease of Rp1,771 billion, or
in 2007. The increase proved that deposit products of
6%, compared to Rp29,292 billion in 2007.
Bank Bukopin are competitive and possess features that
The decrease was due to the tight market liquidity as a
are in line with market demand.
result of the global economic crisis that began in mid
2008, inducing banks to restrain the pace of credit
In 2008, the composition of third party funds was still
growth. The effects of the global crisis caused many
dominated by deposit accounts. This condition was
corporate customers to rely on internally generated
exacerbated by the tight financial liquidity in which
cash flows to finance their business growth.
deposits became a primary tool for banks to generate
third party funds.
Demand deposits in 2008 amounted to Rp5,776 billion,
a decrease of Rp3,073 billion, or 35%, compared to
Along with the recovery of the economy, Bank
Rp8,849 billion in 2007.
Bukopin intends to shift its composition of third party
funds from high-cost time deposits to the more costeffective demand deposits and savings.
The generation of retail funds increased rapidly as
reflected by the achievement of savings that amounted
to Rp4,124 billion, an increase of Rp1,151 billion, or
39%, from Rp2,973 billion in 2007. This achievement
was the fruits of the broad range of savings products
that Bank Bukopin has in the market today, in line
with market demand. It was also the result of strategic
marketing efforts, in addition to the support of
e-channel banking services that comprise of full-feature
ATM network that is linked to more than 20,000 other
ATMs, SMS banking and Internet banking that greatly
increases the convenience of banking with Bank
Bukopin.
Table 8. Third Party Deposits by Type in 2008, 2007 and
2006
(in billion Rupiah, except for the percentage)
2008
Items
Balance
2007
Composition
(%)
Balance
2006
Composition
(%)
Balance
Changes 2007– 2008
Composition
(%)
Total
%
Deposits
Demand
Deposits
5,776
21
8,849
30
8,295
33
(3,073)
(35)
Saving
Deposits
4,124
15
2,973
10
2,002
8
1,151
39
Time
Deposits
17,621
64
17,470
60
14,588
59
151
1
Total
Deposits
27,521
100
29,292
100
24,885
100
(1,771)
(6)
118 Bank Bukopin ANNUAL REPORT 2008
Table 9. Total Deposits based on Tenor in 2008, 2007
and 2006
(in billion Rupiah, except for the percentage)
2008
2007
2006
Changes 2007– 2008
Items
Composition
(%)
Balance
Deposits
Balance
Composition
(%)
Balance
Composition
(%)
Total
%
1 month
22,330
81
22,872
78
18,217
73.20
(542)
(2)
3 months
2,099
8
1,860
6
1,683
6.76
239
13
6 months
1,056
4
1,265
4
950
3.82
(209)
(17)
12 months
2,036
7
3,295
11
4,035
16.22
(1,259)
(38)
27,521
100
29,292
100
24,885
100.00
(1,771)
(6)
Total
Deposits
The composition of third-party funds in terms of tenor
Borrowings
in 2008 was dominated by short-term deposits.
Fund borrowings by Bank Bukopin in 2008 comprised
A review of several core customer deposits showed
of borrowings from Bank Indonesia, the management
that in general these short-term deposits are
of which was transferred to PT Permodalan Nasional
automatically renewable, and the customers have
Madani and PT Bank Tabungan Negara, borrowings
been identified as loyal customers such that they do
from the Government of the Republic of Indonesia,
not pose a threat to the liquidity of Bank Bukopin.
International Economic Corporation Development
Fund (IECDF) and Nova Scotia Singapore. These
Placement from Other Banks
borrowings were rechanneled into loans to customers
In 2008, placement from other banks amounted to
in accordance with the scheme of the respective loans.
Rp1,127 billion, an increase of Rp266 billion, or 31%,
Total borrowings in 2008 amounted to Rp923 billion,
from Rp861 billion in 2007. The increase was mostly
an increase of Rp27 billion, or 3%, from Rp896 billion
due to an increase in interbank call money, whereas
in 2007, primarily from Nova Scotia Singapore of
demand and time deposits from other banks declined
Rp38 billion and PT Permodalan Nasional Madani of
in amount.
Rp30 billion, as well as the maturity of the borrowing
from DBS Bank Ltd of Singapore amounting to
Rp33 billion.
Bank Bukopin ANNUAL REPORT 2008 119
Securities Issued
Table 10. Financial Ratios for 2008, 2007 and 2006
(Bank only, without subsidiaries )
On 10 July 2004, Bank Bukopin issued bonds
amounting to Rp600 billion consisting of Series A Bonds
of Rp319 billion, Series B Bonds of Rp236 billion, and
Sharia Mudharabah Bonds amounting to Rp45 billion.
All of these bonds have matured and been redeemed by
Bank Bukopin on 10 July 2008 in the amount of
Rp575 billion, following an earlier redemption of
Rp25 billion of these bonds by the Bank.
Commitments and Contingencies
In 2008, commitments and contingencies amounted
to Rp3,294 billion, an increase of Rp711 billion or
28% from Rp2,583 billion in 2007. The increase was
mostly due to the increase in liability commitments for
L/C in the amount of Rp603 billion, and for BG in the
amount of Rp108 billion.
Financial Ratio
Equity
Capital Adequacy
Ratio for credit and
market risk
Composition of
equity (core capital/
supplementary capital)
2008
2007
2006
11.20%
12.84%
15.79%
933.73%
748.89%
667.60%
3.80%
2.12%
1.98%
107.70%
101.83%
100.50%
Earning Assets Quality
Ratio of classified
earning assets to total
earning assets
Ratio of the
sufficiency of
allowance for possible
losses
Profitability
FINANCIAL RATIOS
Ratio of income
before tax to average
of total assets (ROA)
1.66%
1.63%
1.85%
Bank Indonesia has issued Regulation on the
Ratio of net income
to average of core
capital (ROE)
18.80%
22.34%
22.14%
Net Interest Margin
(NIM)
4.80%
4.29%
5.18%
84.45%
84.84%
87.17%
83.60%
65.26%
58.86%
0.74%
0.31%
0.62%
5.07%
14.40%
10.50%
Assessment of the Level of Soundness of a Commercial
Bank as stipulated in the Bank Indonesia Regulation
No.6/10/PBI/2005 dated 12 April 2005, together
with its corresponding rules of engagements that are
contained in the Bank Indonesia Circular
No. 6/23/DPNP dated 31 May 2005, with the aim
of assessing the performance of a bank.
The following table presents the financial ratios of
Bank Bukopin (Bank only) that give an indication of
the level of soundness of the Bank and its financial
performance.
Ratio of operating
expenses to operating
income (BOPO)
Liquidity
Loan to Deposits
Ratio (LDR)
Net Open Position
(NOP)
Ratio of net open
position to equity
Minimum Legal
Reserves Requirement
Ratio of Statutory
Reserves
Equity
In 2008, the Capital Adequacy Ratio (CAR) of the Bank
for credit and market risk was 11.20%, decreased
1.64% compared to 12.84% in 2007.
120 Bank Bukopin ANNUAL REPORT 2008
The CAR decrease in 2008 was due to the increase
RWA for Credit Risk
after considering
specific risk
of RWA by Rp2,757 billion or 18% as the impact of
business volume that was higher than the increase of
17,870
15,040
10,512
2,830
19%
equity for credit and market risks by Rp62 billion or
RWA for Market Risk
16
89
96
(73)
-82%
3%. The calculation of Capital Adequacy Ratio (CAR)
Total RWA for Credit
and Market Risks
17,886
15,128
10,608
2,758
18%
CAR for Credit Risk
11.21% 12.91% 15.93%
-1.70%
-13%
CAR for Credit and
Market Risks
11.20% 12.84% 15.79%
-1.64%
-13%
is presented on Table 11.
Table 11. Capital Adequacy Ratio (CAR) in 2008, 2007
and 2006
(in billion Rupiah, except for the percentage)
Items
2008
2007
2006
Changes
2007 – 200
Amount
*) Presented without including the effect of deferred tax assets
pursuant to BI Regulation No. 3/21/PBI/2001 of 13 December
2001.
%
Core Capital
Bank Bukopin constantly maintains its CAR by
Issued and fully
paid-up capital
783
782
774
1
0%
continuously adhering to prudential banking practices
Additional paid-in
capital
218
218
185
-
0%
providing adequate allowance for possible losses
28
12
6
16
133%
General and
appropiated reserves *)
746
568
395
178
31%
Current profit after
tax (50%) *)
173
183
149
(10)
-5%
Total Core Capital
1,948
1,763
1,509
185
10%
Stock options
in the expansion of its earning assets, while also
on earning assets based on their quality and in
accordance with prevailing rules in order to mitigate
the associated risks.
Earning Assets Quality
The ratio of non-performing earning assets to total
earning assets in 2008 (Bank only) was 3.80%, an
Supplementary
Capital
increase of 1.68% compared to 2.12% in 2007.
General reserve
on allowance for
possible losses
on earning assets
(maximum 1,25% of
RWA)
non-performing assets, mainly credit and financing,
209
Subordinated bonds
-
47
94
209
235
2,158
The increase was primarily due to the increase in
188
132
21
11%
and placement in other banks. However, the Bank is
confident that these earning assets can be resolved
through workouts and restructuring in accordance
(47) -100%
with prevailing regulations.
226
(26)
-11%
Profitability
1,998
1,735
160
8%
154
57
60
97
170%
Total Capital for
Credit Risk
2,004
1,942
1,675
62
3%
Total Capital for
Credit and Market
Risks
2,004
1,942
1,675
62
3%
Total Supplementary
Capital
Total core capital
and supplementary
capital
Less : Investment
Pre-tax Return on Assets (ROA) in 2008 was 1.66%, an
increase of 0.03% from 1.63% in 2007, resulting from
the increase of profit before tax by Rp10 billion, or 2%,
while average total assets declined by Rp38 billion.
Bank Bukopin ANNUAL REPORT 2008 121
Net Interest Margin (NIM) in 2008 reached 4.80%, an
Statutory Reserves
increase of 0.51% from 4.29% in 2007, resulting from
Statutory reserves in Rupiah amounted to 5.07% in
the increase in net interest income of Rp172 billion, or
2008, a decrease of 9.33% from 14.40% in 2007,
13% higher than the growth of average earning assets
resulting from the decline in the Bank’s giro placement
volume of 1%.
with Bank Indonesia by Rp2,487 billion, or 67%,
from Rp3,687 billion in 2007 to Rp1,200 billion in
The efficiency ratio of operating expense to operating
2008. This decline was due to the amendment in the
income in 2008 was 84.45%, a decrease of 0.39%
statutory reserves requirement, which previously had
from 84,84% in 2007. The decline was due to the
accounted for the total amount of third party deposits
increase in operating income by Rp173 billion, or
and the level of LDR, pursuant to Bank Indonesia
5%, higher than the growth of operating expense of
regulation No.10/19/PBI/2008 on Statutory Reserves of
Rp132 billion, or 4%; in addition to a more effective
a Commercial Bank with BI in Rupiah and
management of operating expenses.
Foreign Currency, as amended to BI Regulation
Liquidity
No.10/25/PBI/2008.
Loan to Deposit Ratio (LDR) in 2008 reached 83.60%,
Compliance
an increase of 18.34% from 65.26% in 2007, resulting
Throughout the year 2008, Bank Bukopin had
from the higher percentage growth of credit, which
complied with all banking regulations of Bank
grew by 19%, whereas third party funding declined by
Indonesia.
6%.
Net open Position
Operating Results and Financial Condition
of the Sharia Business Unit
Bank Bukopin constantly manages its Net Open
Pursuant to Bank Indonesia Circulation Letter
Position (NOP) carefully pursuant to the regulation of
No. 7/56/DPbS dated 9 December 2006, in complying
Bank Indonesia. The NOP ratio in 2008 was 0.74%, an
with the information disclosure requirement for a Bank
increase of 0.43% compared to 0.31% in 2007. The
that operates a Sharia business unit, the following
increase was due to the rise in the Bank’s equity by
table presents the progress of the sharia business unit
Rp62 billion, or 3%; lower than the percentage growth
of Bank Bukopin.
of NOP volume by Rp9 billion, or 145%.
122 Bank Bukopin ANNUAL REPORT 2008
Table 12. Growth of Sharia Business Unit in 2008, 2007
that of 2007, primarily due to the increase in customer
(in billion Rupiah, except for the percentage)
Items
2008
2007
2006
Change in
2007 – 2008
Amount
%
savings by Rp242 billion, or 68%. Total receivables
from sharia financing in 2008 reached Rp735 billion
an increase of Rp277 billion, or 60%, compared to
those of 2007, with the highest portion of which was
Operating result and
financial condition
the murabahah receivables. Profit before tax for 2008
Total assets
849
640
587
209
33%
Sharia Financing and
Receivables *)
735
458
363
277
60%
• Murabahah
Receivables
593
368
300
225
61%
• Musyarakah
Receivables
74
21
2
53
252%
• Mudharabah
Financing
67
69
61
(2)
(3%)
1
-
1
1
Third party deposits
599
357
338
242
68%
• Demand Deposits
83
91
118
(8)
-9%
• Saving Deposits
91
64
33
27
42%
• Time Deposits
425
203
187
222
109%
Margin, revenue
sharing and bonus
income
88
64
53
24
38%
Revenue sharing
distribution to
unrestricted investors
28
27
28
1
4%
Profit (Loss) before
Tax
17
8
(2)
9
113%
1.66% 2.44%
1.49%
-0.78%
-32%
• Qardh
The total assets of the Sharia Business Unit in 2008
amounted to Rp849 billion, an increase of 33% from
and 2006
was Rp17 billion, an increase of 113% compared to
that of 2007, which amounted to Rp8 billion, due
to the relatively stable net sharia income and other
operating income, which were the main factors behind
the growth of profit before tax.
Financial Ratio
Non Performing
Financing (NPF)
Bank Bukopin ANNUAL REPORT 2008 123
Responsibility on the
Financial Statements
This Annual Report, including the financial statements and other related information, represents
the responsibility of the Management of Bank Bukopin and has been approved by all members
of the Board of Directors and the Board of Commissioners, by signing here below.
Board of Commissioners
Saean Achmady
President Commissioner
Andi Chaeruddin Muhammad *)
Boediarso Teguh Widodo
Yoyok Sunaryo
Sutrisno Iwantono
Syamsul Effendi
Tri Joko Prihanto
Agus Hernawan
Sunaryono
Sulistyohadi DS
Lamira Septini Parwedi
Mikrowa Kirana
Commissioner
Independent Commissioner
Commissioner
Independent Commissioner
Independent Commissioner
*) Passed away on 15 March 2009
Board of Directors
Glen Glenardi
President Director
Director of Finance and Planning
Director of Small, Medium and
Cooperative Business
124 Bank Bukopin ANNUAL REPORT 2008
Director of Services and Distribution
Director of Consumer
Director of Risk Management,
Compliance and HR Development
Director of Commercial
Financial
Statement
This page is intentionally left blank
126 Bank Bukopin LAPORAN TAHUNAN 2008
PT Bank Bukopin Tbk.
dan anak-anak perusahaan/and subsidiaries
Laporan keuangan konsolidasian beserta laporan auditor independen tahun
yang berakhir pada tanggal-tanggal
31 Desember 2008 dan 2006
dengan angka perbandingan untuk 2007/
Consolidated financial statements with independent
auditors’ report years ended December 31, 2008 and 2006
with comparative figures for 2007
Halaman ini sengaja dikosongkan
126 Bank Bukopin LAPORAN TAHUNAN 2008
The original consolidated financial statements included herein are
in the Indonesian language.
PT BANK BUKOPIN TBK.
DAN ANAK-ANAK PERUSAHAAN
NERACA KONSOLIDASIAN
31 Desember 2008 dan 2006
Dengan Angka Perbandingan Untuk 2007
(Disajikan dalam jutaan Rupiah,
kecuali dinyatakan lain)
Catatan/
Notes
AKTIVA
Kas
2d,3
Giro pada Bank Indonesia
2e,4
Giro pada bank lain,
setelah dikurangi penyisihan
kerugian sebesar Rp7.888
pada tahun 2008, Rp901
pada tahun 2007, dan Rp1.089
pada tahun 2006
- Pihak yang mempunyai
hubungan istimewa
2a,5,38
- Pihak ketiga
2e,2n,5
Penempatan pada Bank Indonesia
dan bank lain,
setelah dikurangi penyisihan
kerugian sebesar Rp58.262
pada tahun 2008, Rp37.349
pada tahun 2007 dan
Rp23.987 pada tahun 2006
- Pihak yang mempunyai
hubungan istimewa
2ad,38
- Pihak ketiga
2f,2n,6
Surat-surat berharga,
setelah dikurangi penyisihan
kerugian sebesar Rp5.204
pada tahun 2008, Rp5.164
pada tahun 2007 dan Rp4.672
pada tahun 2006
2g,2n,7
Surat-surat berharga yang dibeli
dengan janji dijual kembali,
setelah dikurangi bunga yang
belum direalisasi pada tahun
2008 sebesar Rp93, Rp9
pada tahun 2007 dan Rp10
pada tahun 2006
2g,2n,8
Tagihan derivatif,
setelah dikurangi penyisihan
kerugian sebesar Rp133
pada tahun 2008, Rp17
pada tahun 2007 dan Rp19
pada tahun 2006
2i,2n,9
Kredit yang diberikan,
setelah dikurangi penyisihan
kerugian sebesar Rp640.665
pada tahun 2008,
Rp346.576 pada tahun 2007,
dan Rp274.392 pada tahun 2006
- Pihak yang mempunyai
hubungan istimewa
2ad,10i,38
- Pihak ketiga
2j,2k,2l,2n,10
Tagihan akseptasi,
setelah dikurangi penyisihan
kerugian sebesar Rp1.168
pada tahun 2008, Rp642
pada tahun 2007, dan Rp656
pada tahun 2006
2m,2n,11
Penyertaan,
setelah dikurangi penyisihan
kerugian sebesar Rp539
pada tahun 2008, Rp1.130 pada
tahun 2007, dan Rp1.156 pada
tahun 2006
2o,2n,12
PT BANK BUKOPIN TBK.
AND SUBSIDIARIES
CONSOLIDATED BALANCE SHEETS
December 31, 2008 and 2006
With Comparative Figures For 2007
(Expressed in millions of Rupiah,
unless otherwise stated)
2008
2007
2006
683.155
421.803
275.562
1.199.882
3.687.390
2.422.298
ASSETS
Cash
Current accounts with
Bank Indonesia
Current accounts with other banks,
net of allowance for
losses of Rp7,888 in 2008,
Rp901 in 2007, and
Rp1,089 in 2006
764.218
3.159
70.409
3.063
49.520
Related parties Third parties Placements with bank
Indonesia and other banks,
net of allowance for
losses of Rp58,262 in 2008,
Rp37,349 in 2007 and
Rp23,987 in 2006
1.523.430
176.517
3.580.998
4.518.032
6.715.608
110.887
33.033
13.160
1.099
98.208
3.024.574
Related parties Third parties -
10.496.345
Marketable securities,
net of allowance for
losses of Rp5,204 in 2008,
Rp5,164 in 2007 and
Rp4,672 in 2006
25.947
Marketable securities purchased
with agreements to resell,
net of unearned interest of
Rp93 in 2008
Rp9 in 2007 and
Rp10 in 2006
1.925
Derivative receivables,
net of allowance for
losses of Rp133 in 2008,
Rp17 in 2007 and
Rp19 in 2006
Loans,
net of allowance for losses
of Rp640,665 in 2008,
Rp346,576 in 2007 and
Rp274,392 in 2006
30.000
22.371.357
5.428.371
13.372.971
133.702
77.188
412
35.510
Catatan atas laporan keuangan konsolidasian merupakan
bagian yang tidak terpisahkan dari laporan keuangan
konsolidasian secara keseluruhan.
4.731.719
9.676.876
Related parties Third parties -
64.905
Acceptance receivables,
net of allowance for losses
of Rp1,168 in 2008,
Rp642 in 2007, and
Rp656 in 2006
39.232
Investments,
net of allowance for losses
of Rp539 in 2008,
Rp1,130 in 2007, and
Rp1,156 in 2006
The accompanying notes form an integral part of these
consolidated financal statements.
1
The original consolidated financial statements included herein are
in the Indonesian language.
PT BANK BUKOPIN TBK.
DAN ANAK-ANAK PERUSAHAAN
NERACA KONSOLIDASIAN (lanjutan)
31 Desember 2008 dan 2006
Dengan Angka Perbandingan Untuk 2007
(Disajikan dalam jutaan Rupiah,
kecuali dinyatakan lain)
Catatan/
Notes
Goodwill
Aset tetap,
setelah dikurangi akumulasi
penyusutan sebesar Rp303.904
pada tahun 2008, Rp252.308
pada tahun 2007, dan Rp207.775
pada tahun 2006
Aktiva pajak tangguhan - bersih
Aktiva lain-lain - bersih
JUMLAH AKTIVA
1c
2p,13
2y,20
2n,2q,14
PT BANK BUKOPIN TBK.
AND SUBSIDIARIES
CONSOLIDATED BALANCE SHEETS (continued)
December 31, 2008 and 2006
With Comparative Figures For 2007
(Expressed in millions of Rupiah,
unless otherwise stated)
2008
2007
295.711
2006
668
859
407.528
75.046
506.543
321.991
18.873
500.589
268.882
10.155
366.073
32.633.063
34.446.177
31.556.143
Catatan atas laporan keuangan konsolidasian merupakan
bagian yang tidak terpisahkan dari laporan keuangan
konsolidasian secara keseluruhan.
Goodwill
Fixed assets,
net of accumulated depreciation
of Rp303,904 in 2008,
Rp252,308 in 2007, and
Rp207,775 in 2006
Deferred tax assets - net
Other assets - net
TOTAL ASSETS
The accompanying notes form an integral part of these
consolidated financal statements.
2
The original consolidated financial statements included herein are
in the Indonesian language.
PT BANK BUKOPIN TBK.
DAN ANAK-ANAK PERUSAHAAN
NERACA KONSOLIDASIAN (lanjutan)
31 Desember 2008 dan 2006
Dengan Angka Perbandingan Untuk 2007
(Disajikan dalam jutaan Rupiah,
kecuali dinyatakan lain)
Catatan/
Notes
PT BANK BUKOPIN TBK.
AND SUBSIDIARIES
CONSOLIDATED BALANCE SHEETS (continued)
December 31, 2008 and 2006
With Comparative Figures For 2007
(Expressed in millions of Rupiah,
unless otherwise stated)
2008
2007
2006
KEWAJIBAN DAN EKUITAS
KEWAJIBAN
Kewajiban segera
2r, 15
Simpanan nasabah
2s,2t
- Pihak yang mempunyai
hubungan istimewa
2ad,38
- Pihak ketiga
16,17,18
Simpanan dari bank lain
- Pihak yang mempunyai
2t
hubungan istimewa
2ad,38
- Pihak ketiga
19
Surat-surat berharga yang dijual
dengan janji dibeli kembali,
setelah dikurangi bunga dibayar
dimuka sebesar RpNihil
pada tahun 2008 dan 2007
dan Rp350 pada tahun 2006
2h,21
Kewajiban derivatif
2i,9
Kewajiban akseptasi
2m,11
Surat-surat berharga yang diterbitkan,
setelah dikurangi obligasi Seri A
Bank Bukopin II Tahun 2003
dalam perbendaharaan sebesar
RpNihil pada tahun 2008
Rp25.000 pada tahun 2007 dan
Rp15.000 pada tahun 2006
2v,22
Pinjaman yang diterima
23
Hutang pajak
2y,20
Estimasi kerugian atas
komitmen dan kontinjensi
2n,24
Kewajiban lain-lain
2aa,25
JUMLAH KEWAJIBAN
HAK MINORITAS
EKUITAS
Modal saham
Saham biasa kelas A - niIai
nominal Rp10.000 (nilai penuh)
Saham biasa kelas B - niIai
nominal Rp100 (nilai penuh)
Modal dasar
Saham biasa kelas A - 21.337.978
saham pada tahun 2008, 2007, dan 2006
Saham Biasa kelas B - 22.866.202.200
saham pada tahun 2008, 2007 dan 2006
Modal ditempatkan dan dan disetor penuh
Saham biasa kelas A 21.337.978 saham
pada tahun 2008, 2007, dan 2006
Saham biasa kelas B - 5.692.521.050
saham pada tahun 2008,
5.691.000.050 saham pada
tahun 2007, dan 5.603.765.550
saham pada tahun 2006
Tambahan modal disetor
26b
Cadangan opsi saham
2ab,26b,27
Saldo laba
Telah ditentukan penggunaannya
26c
Belum ditentukan penggunaannya
JUMLAH EKUITAS
JUMLAH KEWAJIBAN DAN EKUITAS
LIABILITIES AND EQUITY
178.157
208.481
1.589.403
317.390
27.203.816
3.257.331
26.034.547
5.179.673
19.705.363
1.126.641
304.200
556.402
211.433
702.857
2.233
134.870
699
77.830
494.650
260
65.561
LIABILITIES
Liabilities immediately payable
Deposits from customers
Related parties Third parties Deposits from other banks
Related parties Third parties Marketable securities sold
with agreement to repurchase,
net of unamortized interest of
RpNil in 2008 and 2007
and Rp350 in 2006
Derivative payables
Acceptance payables
922.566
103.526
575.000
895.788
58.684
585.000
851.991
86.173
28.479
447.415
28.233
479.258
27.109
383.871
Marketable securities issued,
net of bought-back Series A Bank
Bukopin II 2003 Bonds of
RpNil in 2008,
Rp25,000 in 2007 and
Rp15,000 in 2006
Borrowings
Taxes payable
Estimated losses on
commitments and contingencies
Other liabilities
30.465.093
32.476.453
29.883.344
TOTAL LIABILITIES
4.803
4.931
4.796
MINORITY INTEREST
SHAREHOLDERS’ EQUITY
Share capital
Common A share - Rp10,000
(full amount) par value
Common B share - Rp100
(full amount) par value
Authorized capital
Common A shares - 21,337,978
shares in 2008, 2007, and 200
Common B shares - 22,866,202,200
shares in 2008, 2007, and 2006
Issued and fully paid-up capital
Common A shares 21,337,978 shares
in 2008, 2007, and 2006
782.633
218.410
28.206
782.479
217.832
11.781
765.138
577.575
368.780
375.126
2.163.167
1.964.793
32.633.063
34.446.177
Catatan atas laporan keuangan konsolidasian merupakan
bagian yang tidak terpisahkan dari laporan keuangan
konsolidasian secara keseluruhan.
Common B shares - 5,692,521,050
shares in 2008,
5,691,000,050 shares in 2007,
773.756
and 5,603,765,550 in 2006
184.694
Additional paid-in capital
5.892
Share options reserve
Retained earnings
388.445
Appropriated
315.216
1.668.003 TOTAL SHAREHOLDERS’ EQUITY
31.556.143
TOTAL LIABILITIES AND
SHAREHOLDERS’ EQUITY
The accompanying notes form an integral part of these
consolidated financal statements.
3
Unappropri
The original consolidated financial statements included herein are
in the Indonesian language.
PT BANK BUKOPIN TBK.
DAN ANAK-ANAK PERUSAHAAN
LAPORAN LABA RUGI KONSOLIDASIAN
Tahun yang Berakhir pada Tanggal-tanggal
31 Desember 2008 dan 2006
Dengan Angka Perbandingan Untuk 2007
(Disajikan dalam jutaan Rupiah,
kecuali dinyatakan lain)
Catatan/
Notes
PENDAPATAN DAN BEBAN
OPERASIONAL
Pendapatan bunga dan Syariah
Bunga
Provisi dan komisi
Pendapatan Syariah
2c,2w,28,38
2x,29
2w
Jumlah pendapatan bunga dan
Syariah
Beban bunga, Syariah, dan
pembiayaan Iainnya
Beban bunga dan pembiayaan
Iainnya
Beban Syariah
2c,2w,30,38
2v
Jumlah beban bunga, Syariah, dan
pembiayaan lainnya
Pendapatan bunga, Syariah,
pembiayaan lainnya - bersih
Pendapatan operasional lainnya
Provisi dan komisi lainnya
Laba selisih kurs - bersih
Lain-lain
2x
2c
31
Jumlah pendapatan operasional
lainnya
Beban penyisihan kerugian aktiva
produktif - bersih
2n,32
Beban estimasi kerugian komitmen
dan kontinjensi - bersih
2n,24
Beban penyisihan kerugian aktiva
non-produktif - bersih
2n
(Kerugian) keuntungan dari
(penurunan) kenaikan
nilai surat-surat berharga yang
diperdagangkan - bersih
2g
Beban operasional lainnya
Umum dan administrasi
33
Gaji dan tunjangan karyawan
2aa,2ab,34,37
Premi program penjaminan
pemerintah
45
Jumlah beban operasional Iainnya
LABA OPERASIONAL
(BEBAN) PENDAPATAN
NON-OPERASIONAL - BERSIH
LABA SEBELUM PAJAK
PT BANK BUKOPIN TBK.
AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF INCOME
Years Ended December 31, 2008 and 2006
With Comparative Figures For 2007
(Expressed in millions of Rupiah,
unless otherwise stated)
2008
2007
3.084.410
198.700
88.720
2.960.196
187.701
63.982
INCOME AND EXPENSES
FROM OPERATIONS
Interest and Sharia incomes
2.892.843
Interests
123.034
Fees and commissions
52.866
Sharia incomes
3.371.830
3.211.879
3.068.743
Total interest and Sharia incomes
(1.872.705)
(31.227)
(1.894.839)
(29.181)
(1.813.233)
(28.878)
Interest expenses, Sharia, and
other financing charges
Interest expenses and other
financing charges
Sharia charges
(1.903.932)
(1.924.020)
(1.842.111)
Total interest expenses, Sharia, and
other financing charges
1.467.898
1.287.859
1.226.632
Interest, Sharia incomes,
and other financing - net
80.189
17.602
211.602
39.387
27.409
199.447
26.586
15.136
128.184
Other operating incomes
Other fees and commissions
Gain on foreign exchange - net
Others
309.393
266.243
169.906
Total other operating incomes
(85.212)
(33.001)
(144.554)
(1.522)
(19.175)
635
(3.516)
(11.066)
(18.222)
5.212
-
9.066
Allowance for losses on
earnings assets - net
Estimated losses on commitments
and contingencies - net
Allowance for losses on
non-earning assets - net
(Loss) gain from (decrease)
increase in market value
of trading marketable
securities - net
Other operating expenses
General and administrative
Salaries and employee benefits
Premium on government
guarantee program
(592.052)
(464.688)
(510.504)
(418.127)
(433.774)
(341.169)
(61.453)
(56.973)
(36.805)
(1.118.193)
(985.604)
(811.748)
Total other operating expenses
528.121
430.127
INCOME FROM OPERATIONS
15.490
29.776
NON-OPERATING
(EXPENSE) INCOME - NET
543.611
459.903
INCOME BEFORE TAX
552.783
35
2006
(1.946)
550.837
Catatan atas laporan keuangan konsolidasian merupakan
bagian yang tidak terpisahkan dari laporan keuangan
konsolidasian secara keseluruhan.
The accompanying notes form an integral part of these
consolidated financal statements.
4
The original consolidated financial statements included herein are
in the Indonesian language.
PT BANK BUKOPIN TBK.
DAN ANAK-ANAK PERUSAHAAN
LAPORAN LABA RUGI KONSOLIDASIAN (lanjutan)
Tahun yang Berakhir pada Tanggal-tanggal
31 Desember 2008 dan 2006
Dengan Angka Perbandingan Untuk 2007
(Disajikan dalam jutaan Rupiah,
kecuali dinyatakan lain)
Catatan/
Notes
PT BANK BUKOPIN TBK.
AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF INCOME
(continued)
Years Ended December 31, 2008 and 2006
With Comparative Figures For 2007
(Expressed in millions of Rupiah,
unless otherwise stated)
2008
2007
2006
BEBAN PAJAK PENGHASILAN
BADAN
Kini
Tangguhan
(207.103)
25.108
(177.068)
8.718
(161.328)
16.931
CORPORATE INCOME TAX
EXPENSES
Current
Deferred
Beban pajak pengasilan
badan - bersih
(181.995)
(168.350)
(144.397)
Corporate income tax
expenses - net
(62)
(135)
(142)
MINORITY INTERESTS
(148)
PRE-ACQUISITION INCOME
OF A SUBSIDIARY
HAK MINORITAS
LABA ANAK PERUSAHAAN
SEBELUM AKUISISI
2b
2b
LABA BERSIH
LABA BERSIH PER SAHAM
Dasar (nilai penuh)
Dilusian (nilai penuh)
-
-
368.780
375.126
315.216
NET INCOME
64,55
64,55
66,41
65,92
60,81
60,45
EARNINGS PER SHARE
Basic (full amount)
Diluted (full amount)
2z,47
Catatan atas laporan keuangan konsolidasian merupakan
bagian yang tidak terpisahkan dari laporan keuangan
konsolidasian secara keseluruhan.
The accompanying notes form an integral part of these
consolidated financal statements.
5
The original consolidated financial statements included herein are
in the Indonesian language.
PT BANK BUKOPIN TBK.
DAN ANAK-ANAK PERUSAHAAN
LAPORAN PERUBAHAN EKUITAS KONSOLIDASIAN
Tahun yang Berakhir pada Tanggal-tanggal
31 Desember 2008 dan 2006
Dengan Angka Perbandingan Untuk 2007
(Disajikan dalam jutaan Rupiah,
kecuali dinyatakan lain)
Catatan/
Notes
Saldo pada tanggal
31 Desember 2005
Dividen kas
Pembentukan cadangan
umum
26c
26c
Modal
ditempatkan
dan disetor
penuh/
Issued and
fully paid-up
capital
Tambahan
modal
disetor/
Additional
paid-in
capital
PT BANK BUKOPIN TBK.
AND SUBSIDIARIES
CONSOLIDATED STATEMENTS
OF CHANGES IN EQUITY
Years Ended December 31, 2008 and 2006
With Comparative Figures For 2007
(Expressed in millions of Rupiah,
unless otherwise stated)
Saldo laba/Retained earnings
Telah
Belum
ditentukan
ditentukan
penggunannya/
penggunannya/
Appropriated
Unappropriated
Cadangan
opsi saham/
Share option
reserve
689.380
-
-
247.273
-
-
-
-
-
-
-
141.172
Jumlah
ekuitas/
Total
shareholders’
equity
256.675
(115.503)
(141.172)
1.193.328
(115.503)
Balance as at
December 31, 2005
Cash dividend
-
Allocation for appropriate
reserve
269.070
Increase in paid-up capital
and additional paid-in capital
through initial public
offering
5.892
Share option reserve
315.216
Net income for 2006
Peningkatan modal disetor
dan agio saham melalui
penawaran umum saham
perdana kepada publik
1e,
26a,26b
84.376
184.694
-
-
-
Cadangan opsi saham
2ab,27
-
-
5.892
-
-
-
-
-
-
315.216
773.756
184.694
5.892
388.445
315.216
1.668.003
Balance as at
December 31, 2006
-
-
-
-
Laba bersih tahun 2006
Saldo pada tanggal
31 Desember 2006
Dividen kas
Pembentukan cadangan
umum
26c
(126.086)
(126.086)
Cash dividend
-
-
-
189.130
(189.130)
-
Allocation for appropriate
reserve
1e,
26a,26b
8.723
33.138
-
-
-
41.861
Increase in paid-up capital
arising from the exercise
of share options
Penambahan cadangan opsi saham
2ab,27
-
-
15.473
-
-
15.473
Addition of share option reserve
Pembalikan cadangan
opsi saham yang telah
dieksekusi
2ab,27
-
-
(9.584 )
-
-
(9.584)
-
-
-
-
375.126
375.126
Net income for 2007
782.479
217.832
11.781
577.575
375.126
1.964.793
Balance as at
December 31, 2007
-
-
-
-
Peningkatan modal disetor
dan agio berasal dari
eksekusi opsi saham
26c
Laba bersih tahun 2007
Saldo pada tanggal
31 Desember 2007
Dividen kas
Pembentukan cadangan
umum
Peningkatan modal disetor
dan agio berasal dari
eksekusi opsi saham
Penambahan cadangan
opsi saham
Pembalikan cadangan
opsi saham yang telah
dieksekusi
Laba bersih tahun 2008
Saldo pada tanggal
31 Desember 2008
26c
(187.563 )
(187.563)
Reversals of share option
reserve which
have been exercised
Cash dividend
-
-
-
187.563
(187.563)
-
26a,26b
154
578
-
-
-
732
Allocation for appropriate
reserve
Increase in paid-up capital
and additional paid-in capital
arising from the exercise
of share options
2ab,27
-
-
16.592
-
-
16.592
Adddition of share
option reserve
2ab,27
-
-
-
-
-
-
-
-
368.780
368.780
Net income for 2008
782.633
218.410
28.206
765.138
368.780
2.163.167
Balance as at
December 31, 2008
26c
(167 )
Catatan atas laporan keuangan konsolidasian merupakan
bagian yang tidak terpisahkan dari laporan keuangan
konsolidasian secara keseluruhan.
(167 )
Reversals of share option
reserve which
have been exercised
The accompanying notes form an integral part of these
consolidated financal statements.
6
The original consolidated financial statements included herein are
in the Indonesian language.
PT BANK BUKOPIN TBK.
DAN ANAK-ANAK PERUSAHAAN
LAPORAN ARUS KAS KONSOLIDASIAN
Tahun yang Berakhir pada Tanggal-tanggal
31 Desember 2008 dan 2006
Dengan Angka Perbandingan Untuk 2007
(Disajikan dalam jutaan Rupiah,
kecuali dinyatakan lain)
2008
ARUS KAS DARI AKTIVITAS
OPERASI
Penerimaan bunga, provisi dan komisi,
dan pendapatan Syariah
Pembayaran bunga, beban Syariah,
dan pembiayaan lainnya
Pendapatan operasional Iainnya
Penerimaan kembali kredit yang telah
dihapusbukukan
Pembayaran gaji dan tunjangan karyawan
Beban operasional Iainnya
(Beban) pendapatan non-operasional
Pembayaran pajak penghasilan
Laba sebelum perubahan dalam aktiva
dan kewajiban operasi
Perubahan dalam aktiva dan
kewajiban operasi:
Penurunan (kenaikan)
aktiva operasi
Penempatan pada Bank Indonesia
dan bank lain
Surat-surat berharga
yang diperdagangkan
Tagihan akseptasi
Surat-surat berharga yang dibeli
dengan janji dijual kembali
Kredit yang diberikan dan
pembiayaan/piutang Syariah
Aktiva lain-lain
Kenaikan (penurunan)
kewajiban operasi:
Kewajiban segera
Simpanan nasabah:
Giro
Tabungan
Deposito berjangka
Simpanan dari bank lain
Surat-surat berharga yang dijual
dengan janji dibeli kembali
Kewajiban akseptasi
Hutang pajak
Kewajiban lain-lain
Kas bersih (digunakan untuk) diperoleh
dari aktivitas operasi
ARUS KAS DARI AKTIVITAS INVESTASI
Kenaikan (penurunan) surat-surat berharga
yang dimiliki hingga jatuh tempo
Pembelian aset tetap
Kenaikan penyertaan saham
Kas bersih diperoleh melalui akuisisi
anak-anak perusahaan
Hasil penjualan aset tetap
Kas bersih diperoleh dari
(digunakan untuk) aktivitas investasi
PT BANK BUKOPIN TBK.
AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF CASH FLOWS
Years Ended December 31, 2008 and 2006
With Comparative Figures For 2007
(Expressed in millions of Rupiah,
unless otherwise stated)
2007
2006
3.418.291
3.242.188
3.057.647
(1.893.196)
361.517
(1.924.430)
224.336
(1.828.028)
171.571
CASH FLOWS FROM OPERATING
ACTIVITIES
Receipts from interests, fees and
commissions, and Sharia incomes
Payments of interest, Sharia, and
other financing charges
Other operating incomes
37.821
(425.012)
(615.938)
(29.752)
(185.642)
104.134
(377.999)
(510.822)
18.138
(194.640)
129.213
(336.074)
(418.755)
29.899
(127.091)
Recoveries from loans written-off
Salaries and employee benefits
Other operating expenses
Non-operating (expenses) incomes
Payment of corporate income taxes
668.089
580.905
678.382
Profit before changes in operating
assets and liabilities
(648.095)
917.029
Changes in operating assets
and liabilities:
Decrease (increase) in
operating assets:
Placements with Bank Indonesia
and other banks
159.187
(57.040)
5.983
(12.269)
8.492
(28.854)
(77.938)
(7.085)
22.810
(3.986.815)
25.249
(4.520.827)
(128.212)
(30.324)
(1.380.922)
904.839
(3.072.665)
1.151.188
150.805
266.039
553.838
970.806
2.882.198
(53.688)
594.591
274.022
3.856.948
251.673
57.040
23.381
(84.004)
(494.650)
12.269
(9.917)
52.645
(2.594.636)
(2.197.021)
2.213.172
(1.027.055)
118.009
494.650
28.457
(105.173)
14.299
7.003.119
Marketable securities - trading
Acceptance receivables
Marketable securities purchased
with agreements to resell
Loans and Sharia
financing receivables
Other assets
Increase (decrease) in
operating liabilities:
Liabilities immediately payable
Deposits from customers:
Demand deposits
Savings deposits
Time deposits
Deposits from other banks
Marketable securities sold with
agreement to repurchase
Acceptance payables
Taxes payables
Other liabilities
Net cash (used in) provided by
operating activities
CASH FLOWS FROM INVESTING
ACTIVITIES
Increase (decrease)
2.007.335
(135.696)
(100.000)
3.779.474
(101.479)
-
25.932
1.584
1.797.571
3.679.579
Catatan atas laporan keuangan konsolidasian merupakan
bagian yang tidak terpisahkan dari laporan keuangan
konsolidasian secara keseluruhan.
(7.024.278)
(83.083)
(36.875)
2.557
1.769
(7.139.910)
securities - held-to-maturity
Purchase of fixed assets
Increase of investment of shares
Net cash received from acquisition
of a subsidiary
Proceeds from sale of fixed assets
Net cash provided by (used in)
investing activities
The accompanying notes form an integral part of these
consolidated financal statements.
7
The original consolidated financial statements included herein are
in the Indonesian language.
PT BANK BUKOPIN TBK.
DAN ANAK-ANAK PERUSAHAAN
LAPORAN ARUS KAS KONSOLIDASIAN (lanjutan)
Tahun yang Berakhir pada Tanggal-tanggal
31 Desember 2008 dan 2006
Dengan Angka Perbandingan Untuk 2007
(Disajikan dalam jutaan Rupiah,
kecuali dinyatakan lain)
2008
ARUS KAS DARI AKTIVITAS
PENDANAAN
Penerimaan dari pinjaman yang diterima
Pembelian kembali surat-surat berharga
yang diterbitkan
Pembagian dividen kas
Pembayaran pinjaman yang diterima
Opsi kepemilikan saham oleh karyawan
yang dieksekusi
Penerimaan modal disetor dari penawaran
umum saham
Penerimaan agio saham dari penawaran
umum saham
Kas bersih (digunakan untuk) diperoleh
dari aktivitas pendanaan
KENAIKAN (PENURUNAN) BERSIH
KAS DAN SETARA KAS
KAS DAN SETARA KAS AWAL TAHUN
PT BANK BUKOPIN TBK.
AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF CASH FLOWS
(continued)
Years Ended December 31, 2008 and 2006
With Comparative Figures For 2007
(Expressed in millions of Rupiah,
unless otherwise stated)
2007
2006
CASH FLOWS FROM FINANCING
ACTIVITIES
89.412
43.797
(575.000)
(187.563)
(59.035)
(10.000)
(126.086)
-
732
41.861
-
-
-
-
36.725
- Buy-back of marketable securities issued
(115.504)
Distributions of cash dividends
(129.167)
Payment of fund borrowings
Employees stock options
exercise
Receipts from paid-up capital stock
84.377
from IPO of shares
Receipts from paid
(731.454)
(50.428)
(1.528.519)
4.183.662
184.694
Net cash (used in) provided by
financing activities
61.125
1.432.130
2.751.532
of shares
(75.666)
2.827.198
NET INCREASE (DECREASE) IN
CASH AND CASH EQUIVALENTS
CASH AND CASH EQUIVALENTS AT
BEGINNING OF YEAR
KAS DAN SETARA KAS AKHIR TAHUN
2.655.143
4.183.662
2.751.532
CASH AND CASH EQUIVALENTS AT
END OF YEAR
Kas dan setara kas terdiri dari:
Kas
Giro pada Bank Indonesia
Giro pada bank lain
683.155
1.199.882
772.106
421.803
3.687.390
74.469
275.562
2.422.298
53.672
Cash and cash equivalents consist of:
Cash
Current accounts with Bank Indonesia
Current accounts with other banks
Jumlah
2.655.143
4.183.662
2.751.532
Total
Catatan atas laporan keuangan konsolidasian merupakan
bagian yang tidak terpisahkan dari laporan keuangan
konsolidasian secara keseluruhan.
The accompanying notes form an integral part of these
consolidated financal statements.
8
The original consolidated financial statements included herein are in
the Indonesian language.
PT BANK BUKOPIN TBK.
AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS
Years Ended December 31, 2008 and 2006
With Comparative Figures For 2007
(Expressed in millions of Rupiah,
unless otherwise stated)
PT BANK BUKOPIN TBK.
DAN ANAK-ANAK PERUSAHAAN
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN
Tahun yang Berakhir pada Tanggal-tanggal
31 Desember 2008 dan 2006
Dengan Angka Perbandingan Untuk 2007
(Disajikan dalam jutaan Rupiah,
kecuali dinyatakan lain)
1.
INFORMASI UMUM
a.
1.
Pendirian
GENERAL INFORMATION
a. Establishment
PT Bank Bukopin Tbk. (“Bank”) didirikan di
Republik lndonesia pada tanggal 10 Juli 1970
dengan nama Bank Umum Koperasi Indonesia
(disingkat
Bukopin)
yang
disahkan
sebagai badan hukum berdasarkan Surat
Keputusan Direktorat Jenderal Koperasi
No. 13/Dirjen/Kop/70 dan didaftarkan dalam
Daftar Umum Direktorat Jenderal Koperasi
No. 8251 pada tanggal yang sama. Bank mulai
melakukan usaha komersial sebagai bank
umum koperasi di Indonesia sejak tanggal
16 Maret 1971 dengan izin Menteri Keuangan
dalam
Surat
Keputusan
No. Kep-078/DDK/II/3/1971 tanggal 16 Maret
1971.
PT Bank Bukopin Tbk. (the “Bank”) was
established in the Republic of Indonesia on July
10, 1970 as Bank Umum Koperasi Indonesia
(abbreviated to Bukopin) based on Decision
Letter No. 13/Dirjen/Kop/70 of the Directorate
General for Cooperatives and was registered in
the General List of the Directorate General for
Cooperatives No. 8251 on the same date. The
Bank started its commercial operations as a
cooperative bank in Indonesia on March 16,
1971 upon the approval of the Ministry of
Finance
in
its
Decision
Letter
No. Kep-078/DDK/II/3/1971 dated March 16,
1971.
Menurut anggaran dasarnya, usaha Bank
mencakup segala kegiatan bank umum
sebagaimana dimaksud dalam Undang-undang
Perbankan
dengan
tujuan
utama
memperhatikan dan melayani kepentingan
gerakan koperasi di Indonesia sesuai dengan
Undang-undang Perkoperasian yang berlaku.
Dalam
perkembangannya,
Bank
telah
melakukan penggabungan usaha dengan
beberapa bank umum koperasi. Perubahan
nama Bank Umum Koperasi Indonesia
(Bukopin) menjadi Bank Bukopin disahkan
dalam Rapat Anggota Bank Umum Koperasi
Indonesia yang dituangkan dalam surat
No. 03/RA/XII/89 tanggaI 2 Januari 1990.
According to the articles of association, the
Bank’s scope of activities include all
commercial banking activities as defined in the
Banking Law, with the main objective of
providing services to cooperatives in Indonesia
in accordance with the Law on Cooperatives.
During its growth, the Bank merged with certain
cooperative banks. The change in the name
from Bank Umum Koperasi Indonesia (Bukopin)
to Bank Bukopin was approved during the
Cooperative Members’ Meeting of Bank Umum
Koperasi Indonesia as stated in letter No.
03/RA/XIl/69 dated January 2, 1990.
Dalam Rapat Khusus Anggota Bank, yang
dinyatakan dengan akta notaris No. 4 tanggal
2 Desember 1992 dari Notaris Muhani
Salim, S.H., para anggota menyetujui untuk
mengubah status badan hukum Bank dari
koperasi menjadi perseroan terbatas. Akta
pendirian yang berkaitan dengan perubahan
status badan hukum Bank dinyatakan dengan
akta notaris No. 126 tanggal 25 Februari 1993
dari Notaris Muhani Salim, S.H. beserta
pembetulannya, dengan akta notaris No. 118
tanggal 28 Mei 1993 dari notaris yang sama.
During the Special Meeting of the Cooperative
Members of Bank, the minutes of which were
covered by notarial deed No. 4 dated
December 2, 1992 of Muhani Salim, S.H., the
cooperative members agreed to change the
Banks legal entity from a cooperative to a
limited liability company. The Bank’s deed of
establishment and the amendment relating to
the change in legal entity ware covered by
notarial deed No. 126 dated February 25, 1993
of Muhani Salim, S.H., and notarial deed
No. 118 dated May 28, 1993 of the same
notary, respectively.
9
The original consolidated financial statements included herein are in
the Indonesian language.
PT BANK BUKOPIN TBK.
AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS
Years Ended December 31, 2008 and 2006
With Comparative Figures For 2007
(Expressed in millions of Rupiah,
unless otherwise stated)
PT BANK BUKOPIN TBK.
DAN ANAK-ANAK PERUSAHAAN
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN
Tahun yang Berakhir pada Tanggal-tanggal
31 Desember 2008 dan 2006
Dengan Angka Perbandingan Untuk 2007
(Disajikan dalam jutaan Rupiah,
kecuali dinyatakan lain)
1.
INFORMASI UMUM (lanjutan)
a.
1.
GENERAL INFORMATION (continued)
Pendirian (lanjutan)
a. Establishment (continued)
Perubahan ini telah disahkan oleh Menteri
Kehakiman Republik lndonesia dalam Surat
Keputusan
No.
C2-5332.HT.01.01.TH.93
tanggal 29 Juni 1993 serta diumumkan dalam
Berita Negara Republik Indonesia No. 3633.
Tambahan No. 64 tanggal 10 Agustus 1993.
Perubahan ini juga telah disetujui oleh Menteri
Keuangan Republik Indonesia dalam Surat
Keputusan No. S-1382/MK.17/1993 tanggal 28
Agustus 1993. Bank memulai kegiatan usaha
dalam bentuk perseroan terbatas pada tanggal
1 Juli 1993.
These changes were approved by the Minister
of Justice of the Republic of Indonesia in its
Decision Letter No. C2-5332.HT.01.01.TH.93
dated June 29, 1993, and were published in
Supplement No. 64 of State Gazette No. 3633
dated August 10, 1993. The change was also
approved by the Minister of Finance of the
Republic of Indonesia in its Decision Letter No.
S-1382/MK.17/1993 dated August 28, 1993
The Bank started commercial operations as a
limited liability company on July 1, 1993.
Anggaran Dasar Bank telah mengalami
perubahan dari waktu ke waktu perubahan
terakhir dinyatakan dengan akta notaris No. 19
tanggal 16 September 2008 dari Notaris
Lindasari Bachroem, S.H. tentang perubahan
modal ditempatkan dan disetor penuh yang
terdiri dari 21.337.978 saham kelas A dengan
total nilai sebesar Rp213.379.780.000 (nilai
penuh) dan 5.692.521.050 saham kelas B
dengan total nilai Rp569.252.105.000 (nilai
penuh). Perubahan ini telah diterima oleh
Menteri Hukum dan Hak Asasi Manusia
dengan Surat Keputusan No. AHU-AH.01.1025437 tanggal 18 Desember 2008.
The Articles of Association have been
amended several times, the most recent
changes was by notarial deed No. 19
dated September 16, 2008 of Lindasari
Bachroem, S.H.. The amendment was in
respect of the change in issued and paid-up
capital stock consisting of 21,337,978 common
A shares with total value amounting to
Rp213,379,780,000
(full
amount)
and
5,692,521,050 common B shares with total
value amounting to Rp569,252,105,000 (full
amount). This amendment was received by the
Minister of Law and Human Rights of the
Republic of Indonesia with its Decision Letter
No. AHU-AH.01.10-25437 dated December 18,
2008.
Kantor pusat Bank beralamat di Jalan M.T.
Haryono Kav. 50-51, Jakarta 12770, Indonesia.
The Bank’s head office is located at Jalan M.T.
Haryono Kav. 50-51, Jakarta 12770, Indonesia.
Pada tanggal 31 Desember 2008, 2007, dan
2006, Bank memiliki kantor cabang, kantor
cabang Syariah, kantor cabang pembantu,
kantor cabang pembantu Syariah, kantor kas
dan kantor payment center sebagai berikut:
As at December 31, 2008, 2007, and 2006, the
Bank has branches, Sharia branches, subbranches, Sharia sub-branches, cash offices
and payment centers are as follows:
2008
Kantor cabang
Kantor cabang Syariah
Kantor cabang pembantu
Kantor cabang pembantu
Syariah
Kantor kas
Kantor payment center
2007
2006
36
5
85
35
5
80
34
5
77
Branches
Sharia branches
Sub-branches
3
129
36
2
124
34
2
122
39
Sharia sub-branches
Cash offices
Payment centers
Pada tanggal 31 Desember 2008, jumlah
karyawan Bank adalah 4.241 karyawan (2007:
4.074 karyawan; 2006: 4.004 karyawan).
As at December 31, 2008, the Bank has a total
of 4,241 employees (2007: 4,074 employees;
2006: 4,004 employees).
10
The original consolidated financial statements included herein are in
the Indonesian language.
PT BANK BUKOPIN TBK.
AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS
Years Ended December 31, 2008 and 2006
With Comparative Figures For 2007
(Expressed in millions of Rupiah,
unless otherwise stated)
PT BANK BUKOPIN TBK.
DAN ANAK-ANAK PERUSAHAAN
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN
Tahun yang Berakhir pada Tanggal-tanggal
31 Desember 2008 dan 2006
Dengan Angka Perbandingan Untuk 2007
(Disajikan dalam jutaan Rupiah,
kecuali dinyatakan lain)
1.
INFORMASI UMUM (lanjutan)
b.
1.
Susunan Pengurus Bank
GENERAL INFORMATION (continued)
b. Composition of the Bank’s Management
Berdasarkan Rapat Umum Pemegang Saham
Tahunan yang dilaksanakan pada tanggal 23
Mei 2008 yang dinyatakan dengan akta notaris
No. 8 tanggal 6 Juni 2008 dari Notaris
Lindasari Bachroem, S.H., susunan Dewan
Komisaris dan Direksi Bank pada tanggal 31
Desember 2008 adalah sebagai berikut:
Based on the minutes of the Annual General
Meeting of Shareholders held on May 23, 2008
which were covered by notarial deed No. 8
dated June 6, 2008 of Lindasari Bachroem,
S.H., the members of the Bank’s Boards of
Commissioners and Directors as at December
31, 2008 are as follows:
2008
Dewan Komisaris:
Presiden Komisaris
Komisaris
Komisaris
Komisaris lndependen
Komisaris Independen
Komisaris lndependen
Direksi:
Direktur Utama
Direktur Keuangan dan Perencanaan
Direktur Pelayanan dan Distribusi
Direktur Manajemen Risiko,
Kepatuhan, dan Pengembangan
Sumber Daya Manusia
Direktur Usaha Mikro, Kecil,
Menengah, dan Koperasi
Direktur Komersial
Direktur Konsumer
*
Saean Achmady
Andi Chaerudin Muhamad* Commissioner
Boediarso Teguh Widodo
Syamsul Effendi
Yoyok Sunaryo
Sutrisno Iwantono**
Glen Glenardi
Tri Joko Prihanto
Agus Hernawan
Sunaryono
Sulistyohadi DS
Mikrowa Kirana
Lamira Septini Parwedi
*
Wafat pada tanggal 15 Maret 2009
Board of Commissioners:
President Commissioner
Commissioner
Independent Commissioner
Independent Commissioner
Independent Commissioner
Board of Directors:
President Director
Director of Finance and Planning
Director of Services and Distribution
Director of Risk Management,
Compliance, and
Human Resources Development
Director of Cooperatives,
Medium, Small, and Micro Enterprises
Director of Commercial
Director of Consumer
Passed away on March 15, 2009
** Berdasarkan risalah Rapat Umum Pemegang
** Based on the result of the Extraordinary General
Saham Luar Biasa (RUPSLB) No. 7 tanggal 22
Januari 2009, yang bersangkutan telah diganti
oleh Loso Judijanto.
Meeting of Shareholders (RUPSLB) No. 7 held
on January 22, 2009, he has been replaced by
Loso Judijanto
Berdasarkan Rapat Umum Pemegang Saham
Tahunan yang dilaksanakan pada tanggal 23
Mei 2007 yang dinyatakan dengan akta notaris
No. 31 dari Notaris Lindasari Bachroem, S.H.,
susunan Dewan Komisaris dan Direksi Bank
pada tanggal 31 Desember 2007 adalah
sebagai berikut:
Based on the minutes of the Annual General
Meeting of Shareholders held on May 23, 2007
which were covered by notarial deed No. 31 of
Lindasari Bachroem, S.H., the members of the
Bank’s Boards of Commissioners and Directors
as at December 31, 2007 are as follows:
2007
Dewan Komisaris:
Presiden Komisaris
Komisaris
Komisaris
Komisaris lndependen
Komisaris Independen
Komisaris lndependen
Saean Achmady
Andi Chaerudin Muhamad
Boediarso Teguh Widodo
Syamsul Effendi
Yoyok Sunaryo
Sutrisno Iwantono
11
Board of Commissioners:
President Commissioner
Commissioner
Commissioner
Independent Commissioner
Independent Commissioner
Independent Commissioner
The original consolidated financial statements included herein are in
the Indonesian language.
PT BANK BUKOPIN TBK.
AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS
Years Ended December 31, 2008 and 2006
With Comparative Figures For 2007
(Expressed in millions of Rupiah,
unless otherwise stated)
PT BANK BUKOPIN TBK.
DAN ANAK-ANAK PERUSAHAAN
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN
Tahun yang Berakhir pada Tanggal-tanggal
31 Desember 2008 dan 2006
Dengan Angka Perbandingan Untuk 2007
(Disajikan dalam jutaan Rupiah,
kecuali dinyatakan lain)
1.
INFORMASI UMUM (lanjutan)
b.
1.
Susunan Pengurus Bank (lanjutan)
GENERAL INFORMATION (continued)
b. Composition of the Bank’s Management
(continued)
2007
Direksi:
Direktur Utama
Direktur Keuangan dan Perencanaan
Direktur Pelayanan dan Distribusi
Direktur Manajemen Risiko,
Kepatuhan, dan Pengembangan
Sumber Daya Manusia
Direktur Usaha Mikro, Kecil,
Menengah, dan Koperasi
Direktur Komersial
Direktur Konsumer
Glen Glenardi
Tri Joko Prihanto
Agus Hernawan
Sunaryono
Sulistyohadi DS
Mikrowa Kirana
Lamira Septini Parwedi
Berdasarkan Rapat Umum Pemegang Saham
Tahunan Luar Biasa yang dilaksanakan pada
tanggal 9 Mei 2006 dan 28 Juni 2006 yang
dinyatakan dengan akta notaris No. 9 tanggal 9
Mei 2006 dan akta notaris No. 86 tanggal 28
Juni 2006 dari Notaris Lindasari Bachroem,
S.H., susunan Dewan Komisaris dan Direksi
Bank pada tanggal 31 Desember 2006 adalah
sebagai berikut:
Board of Directors:
President Director
Director of Finance and Planning
Director of Services and Distribution
Director of Risk Management,
Compliance, and
Human Resources Development
Director of Cooperatives,
Medium, Small, and Micro Enterprises
Director of Commercial
Director of Consumer
Based on the minutes of the Annual
Extraordinary General Meeting of Shareholders
held on May 9, 2006 and June 28, 2006, which
were covered by notarial deed No. 9 dated May
9, 2006 and No. 86 dated June 28, 2006 of
Lindasari Bachroem, S.H., the members of the
Bank’s Boards of Commissioners and Directors
as at December 31, 2006 are as follows:
2006
Dewan Komisaris:
Presiden Komisaris
Komisaris
Komisaris
Komisaris
Komisaris lndependen
Komisaris Independen
Komisaris lndependen
Direksi:
Direktur Utama
Direktur Keuangan dan Perencanaan
Direktur Pelayanan dan Distribusi
Direktur Manajemen Risiko,
Kepatuhan, dan Pengembangan
Sumber Daya Manusia
Direktur Usaha Mikro, Kecil,
Menengah, dan Koperasi
Direktur Komersial
Direktur Konsumer
Saean Achmady
Andi Chaerudin Muhamad
Johnny Wahab
Boediarso Teguh Widodo
Syamsul Effendi
Yoyok Sunaryo
Sutrisno Iwantono
Glen Glenardi
Tri Joko Prihanto
Agus Hernawan
Sunaryono
Sulistyohadi DS
Mikrowa Kirana
Lamira Septini Parwedi
12
Board of Commissioners:
President Commissioner
Commissioner
Commissioner
Commissioner
Independent Commissioner
Independent Commissioner
Independent Commissioner
Board of Directors:
President Director
Director of Finance and Planning
Director of Services and Distribution
Director of Risk Management,
Compliance, and
Human Resources Development
Director of Cooperatives,
Medium, Small, and Micro Enterprises
Director of Commercial
Director of Consumer
The original consolidated financial statements included herein are in
the Indonesian language.
PT BANK BUKOPIN TBK.
AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS
Years Ended December 31, 2008 and 2006
With Comparative Figures For 2007
(Expressed in millions of Rupiah,
unless otherwise stated)
PT BANK BUKOPIN TBK.
DAN ANAK-ANAK PERUSAHAAN
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN
Tahun yang Berakhir pada Tanggal-tanggal
31 Desember 2008 dan 2006
Dengan Angka Perbandingan Untuk 2007
(Disajikan dalam jutaan Rupiah,
kecuali dinyatakan lain)
1.
INFORMASI UMUM (lanjutan)
b.
1.
Susunan Pengurus Bank (lanjutan)
GENERAL INFORMATION (continued)
b. Composition of the Bank’s Management
(continued)
Susunan Dewan Pengawas Syariah pada
tanggal 31 Desember 2008, 2007, dan 2006
adalah sebagai berikut:
Ketua
Anggota
Anggota
The composition of the Bank’s Sharia
Supervisory Board as at December 31, 2008,
2007, and 2006 are as follows:
Didin Hafidhuddin
Ali Mustafa Ya’kub
Ichwan Abidin
Susunan Komite Audit Bank pada tanggal
31 Desember 2008, 2007, dan 2006 adalah
sebagai berikut:
Ketua
Anggota
Anggota
c.
Chairman
Member
Member
The composition of the Banks Audit Committee
as at December 31, 2008, 2007, and 2006 are
as follows:
Syamsul Effendi
Suratto Siswodihardjo
Soegijanto
Anak-anak Perusahaan
Chairman
Member
Member
c. Subsidiaries
Anak-anak perusahaan yang tercakup dalam
laporan keuangan konsolidasian pada tanggal
31 December 2008 adalah PT Bukopin Finance
(dahulu PT Indo Trans Buana Multi Finance
("ITBMF")) dan PT Bank Syariah Bukopin
("BSB") (dahulu PT Bank Persyarikatan
Indonesia ("BPI")).
The subsidiaries included in the consolidated
financial statements as at December 31, 2008
are PT Bukopin Finance (formerly PT Indo
Trans Buana Multi Finance (“ITBMF”)) and PT
Bank Syariah Bukopin (“BSB”) (formerly PT
Bank Persyarikatan Indonesia (“BPI”)).
PT Bukopin Finance didirikan pada tanggal 11
Maret 1983 berdasarkan akta notaris No. 5 dari
Notaris Tan A Sioe, S.H., yang bergerak dalam
bidang leasing (perusahaan pembiayaan).
Anggaran dasar Perusahaan telah mengalami
beberapa kali perubahan, terakhir dengan Akta
No. 1 tanggal 9 Juni 2008 yang dibuat oleh
Notaris Amastasia Dau S.H., sehubungan
dengan perubahan nama Perusahaan.
PT Bukopin Finance was established on March
11, 1983 by notarial deed No. 5 of Notary Tan
A Sioe, S.H., engaged in leasing industry. The
Company’s articles of association have been
amended several times, the last is notarial
deed No. 1 dated June 9, 2008 of Notary
Amastasia Dau S.H., regarding changed in the
Company’s name.
PT Bank Persyarikatan Indonesia didirikan
pada tanggal 29 Juli 1990 berdasarkan akta
notaris No. 102 dari Notaris Dr. Widjojo Wilami,
S.H., yang bergerak dalam bidang perbankan.
Berdasarkan akta notaris No. 28 dari Notaris
Adrian Djunaini, S.H. tanggal 31 Maret 2008,
BPI telah berubah nama menjadi PT Bank
Syariah Bukopin (“BSB”).
Status Bank
berubah dari Bank Konvensional menjadi Bank
Syariah sebagaimana dinyatakan dalam
persetujuan
Bank
Indonesia
(BI)
No.
10/69/KEP.GBI/DpG/2008 tanggal 27 Oktober
2008.
PT Bank Persyarikatan Indonesia was
established on July 29, 1990 by notarial deed
No. 102 of Notary Dr. Widjojo Wilami, S.H.,
engaged in banking industry. Based on notarial
deed No. 28 of Notary Adrian Djunaidi, S.H.
dated March 31, 2008, BPI has changed its
name to PT Bank Syariah Bukopin (“BSB”).
The Bank’s status changed from Conventional
Bank to Sharia Bank as stated in Bank
Indonesia
(BI)
decision
leter
No.
10/69/KEP.GBI/DpG/2008 dated October 27,
2008.
13
The original consolidated financial statements included herein are in
the Indonesian language.
PT BANK BUKOPIN TBK.
AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS
Years Ended December 31, 2008 and 2006
With Comparative Figures For 2007
(Expressed in millions of Rupiah,
unless otherwise stated)
PT BANK BUKOPIN TBK.
DAN ANAK-ANAK PERUSAHAAN
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN
Tahun yang Berakhir pada Tanggal-tanggal
31 Desember 2008 dan 2006
Dengan Angka Perbandingan Untuk 2007
(Disajikan dalam jutaan Rupiah,
kecuali dinyatakan lain)
1.
INFORMASI UMUM (lanjutan)
c.
1.
Anak-anak Perusahaan (lanjutan)
GENERAL INFORMATION (continued)
c. Subsidiaries (continued)
PT Bukopin Finance (“BF”) ( dahulu PT Indo
Trans Buana Multi Finance (“ITBMF”))
PT Bukopin Finance (“BF”) (formerly PT
Indo Trans Buana Multi Finance (“ITBMF”))
Pada tanggal 10 Maret 2006, Bank mengakuisisi
50% saham BF sebesar Rp5.000. Goodwill yang
terbentuk dari akuisisi ini sebesar Rp651.
On March 10, 2006, the Bank acquired 50% of
BF’s shares amounting to Rp5,000. Goodwill
generated from this acquisition was Rp651.
Selanjutnya pada tanggal 20 Desember 2006
(tanggal akuisisi), Bank telah menambah
kepemilikannya pada BF sebesar 30% menjadi
80% dengan biaya perolehan sebesar
Rp15.000. Sehingga mulai tanggal 20 Desember
2006, laporan keuangan BF dikonsolidasikan
dalam laporan keuangan konsolidasian Bank.
Goodwill yang dicatat dari akuisisi tersebut
adalah sebesar Rp305.
On December 20, 2006 (acquisition date), the
Bank had increased its ownership in BF of
30% to become 80% with acquisition price
amounting to Rp15,000. Therefore, since
December 20, 2006, BF’s financial statements
have been consolidated into the Bank’s
consolidated financial statements. Goodwill
generated from this acquisition was Rp305.
PT Bank Syariah Bukopin (“BSB”) (dahulu
PT Bank Persyarikatan Indonesia (“BPI”))
PT Bank Syariah Bukopin (“BSB”) (formerly
PT Bank Persyarikatan Indonesia (“BPI”))
Pada tanggal 25 Januari 2006, Bank
mengakuisisi 24,73% saham BSB sebesar
Rp42.000. Pada tanggal 31 Maret 2008 (tanggal
akuisisi), Bank telah menambah kepemilikannya
pada BPI dengan nilai sebesar 40,11% menjadi
65,44%. Akuisisi tersebut adalah berdasarkan
keputusan Rapat Umum Pemegang Saham
Luar Biasa Bank tanggal 6 Maret 2008, dimana
Bank telah mendapat persetujuan pemegang
saham untuk mengakuisisi saham baru BPI
dengan cara membeli saham seri C sebanyak
2.000.000.000 lembar saham dengan harga
Rp50 (nilai penuh) per lembar saham (sebesar
Rp100.000) dimana akhirnya total kepemililkan
saham Bank Bukopin menjadi 65,44%. Akuisisi
tersebut dilakukan sebagai salah satu strategi
Bank dalam pengembangan usaha syariah Bank
secara keseluruhan. Mulai tanggal 31 Maret
2008,
laporan
keuangan
BPI
telah
dikonsolidasikan kedalam laporan keuangan
konsolidasian Bank.
On January 25, 2006, the Bank acquired
24.73% of BSB’s shares amounting to
Rp42,000. On March 31, 2008 (acquisition
date) the Bank had increased its ownership in
BPI of 40.11% to become 65.44%. The
acquisition was based on the Extraordinary
General Shareholders Meeting of the Bank on
March 6, 2008, where the Bank received
approval to acquire new shares of BPI by
purchasing 2,000,000,000 series C shares with
a price of Rp50 (full amount) per share (total of
Rp100,000) which made the total share
ownership of the Bank to become 65.44%. This
acquisition was the Bank’s strategy to develop
its sharia business. Since March 31, 2008,
BPI’s financial statements have been
consolidated into the Bank’s consolidated
financial statements.
14
The original consolidated financial statements included herein are in
the Indonesian language.
PT BANK BUKOPIN TBK.
AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS
Years Ended December 31, 2008 and 2006
With Comparative Figures For 2007
(Expressed in millions of Rupiah,
unless otherwise stated)
PT BANK BUKOPIN TBK.
DAN ANAK-ANAK PERUSAHAAN
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN
Tahun yang Berakhir pada Tanggal-tanggal
31 Desember 2008 dan 2006
Dengan Angka Perbandingan Untuk 2007
(Disajikan dalam jutaan Rupiah,
kecuali dinyatakan lain)
1.
INFORMASI UMUM (lanjutan)
c.
d.
1.
Anak-anak Perusahaan (lanjutan)
GENERAL INFORMATION (continued)
c. Subsidiaries (continued)
Ketika akuisisi melibatkan lebih dari satu
transaksi, setiap transaksi
signifikan harus
diperlakukan secara terpisah oleh pengakuisisi
untuk menentukan nilai wajar aktiva dan
kewajiban teridentifikasi yang diakui dan dalam
menentukan jumlah goodwill dari transaksi
tersebut.
Where acquisition involves more than one
exchange
transaction,
each
significant
transaction shall be treated separately by the
acquirer for the purpose of determining the fair
value of the identifiable assets and liabilities
acquired and for determining the amount
goodwill on that transaction.
Bank telah melakukan perhitungan goodwill atas
akuisisi 24,73% saham BSB dan tambahan
akuisisi 40,71% saham. Jumlah keseluruhan
goodwill yang dicatat dari akuisisi tersebut
adalah sebesar Rp295.234. Transaksi tersebut
menjadikan kepemilikan Bank atas BSB menjadi
65,44%.
The Bank has calculated goodwill for
acquisition of 24,73% of BSB’s shares and
additional acquisition of 40,71% shares. Total
goodwill recorded from the acquisition is
amounting to Rp295,234. Both trasactions have
made the total share ownership of the Bank to
be 65.44%.
Program Rekapitalisasi Bank
d. The Bank’s Recapitalization Program
Bank ikut serta dalam program rekapitalisasi
Pemerintah
sesuai
dengan
Keputusan
Bersama Menteri Keuangan dan Gubernur BI
No. 53/KMK.017/1999 dan No. 31/12/KEP/GBI
tanggal 8 Februari 1999 tentang Pelaksanaan
Program Rekapitulasi Bank Umum dan
mendapat
persetujuan
Rapat
Umum
Pemegang Saham Luar Biasa yang dinyatakan
dengan akta notaris No. 64 tanggal 30 Juni
1999 dari Notaris Lindasari Bachroem, S.H..
The Bank’s participation in the Government
recapitalization program in accordance with
Joint Decree No. 53/KMK.017/1999 and
No. 31/I2/KEP/GBI dated February 8, 1999 of
the Ministry of Finance and the Governor of BI
on the Implementation of the Commercial Bank
Recapitalization Program, was approved in the
Extraordinary General Stockholders’ Meeting,
the minutes of which were covered by notarial
deed No. 64 dated June 30, 1999 of Lindasari
Bachroem, S.H..
Pada tahun 2001, Bank telah menyelesaikan
program
rekapitalisasi
tersebut
dengan
melakukan hal-hal berikut:
In 2001, the Bank concluded its recapitalization
program with the completion of the following:
•
Pembelian kembali kredit non-performing
yang sebelumnya telah diserahkan kepada
Badan Penyehatan Perbankan Nasional
(BPPN).
•
Repurchased of non-performing loans
formerly transferred to the Indonesian
Banking Restructuring Agency (IBRA).
•
Konversi saham milik Negara Republik
Indonesia (saham biasa kelas C) di Bank
menjadi saham biasa kelas B pada
tanggal 21 Desember 2001 yang lebih dini
dari pada tanggal jatuh temponya, yaitu
tanggal 28 Mei 2002.
•
Conversion of the shares held by the
Republic of Indonesia (common C shares)
to common B shares on December 21,
2001 which was earlier than the agreed
due date of May 28, 2002.
15
The original consolidated financial statements included herein are in
the Indonesian language.
PT BANK BUKOPIN TBK.
AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS
Years Ended December 31, 2008 and 2006
With Comparative Figures For 2007
(Expressed in millions of Rupiah,
unless otherwise stated)
PT BANK BUKOPIN TBK.
DAN ANAK-ANAK PERUSAHAAN
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN
Tahun yang Berakhir pada Tanggal-tanggal
31 Desember 2008 dan 2006
Dengan Angka Perbandingan Untuk 2007
(Disajikan dalam jutaan Rupiah,
kecuali dinyatakan lain)
1.
INFORMASI UMUM (lanjutan)
e.
1.
GENERAL INFORMATION (continued)
Penawaran Umum Obligasi dan Penawaran
Umum Saham Perdana Bank
e. Public Offering of the Bank’s Bonds and
Shares
Pada tanggal 30 Juni 2003, Bank memperoleh
penyertaan efektif dari Ketua Badan Pengawas
Pasar Modal dari Lembaga Keuangan
(BAPEPAM-LK) dengan suratnya No S1564/PM/2003 untuk melakukan penawaran
umum obligasi sebesar Rp600.000.000 yang
terdiri dari Obligasi Seri A Bank Bukopin II
Tahun 2003 sebesar Rp319.000.000, Obligasi
Subordinasi Seri B Bank Bukopin Tahun 2003
sebesar Rp236.000.000, dan Obligasi Syariah
Mudharabah Bank Bukopin Tahun 2003
sebesar Rp45.000.000. Obligasi Seri A Bank
Bukopin II Tahun 2003 dan Obligasi
Subordinasi Seri B Bank Bukopin Tahun 2003
ditawarkan sebesar nilai nominal sedangkan
Obligasi Syariah Mudharabah Bank Bukopin
Tahun 2003 ditawarkan dengan nilai 100% dari
jumlah Obligasi Syariah.
On June 30, 2003, the Bank received the notice
of effectivity from the Capital Market and
Financial Institution Supervisory Agency
(BAPEPAM-LK) No. S-1564/PM/2003 for the
public offering of the Bank’s Bonds with a total
face value of Rp600,000,000 consisting of
Series A Bank Bukopin II 2003 Bonds
amounting to Rp319,000,000, Subordinated
Series B Bank Bukopin 2003 Bonds amounting
to Rp236,000,000 and Sharia Mudharabah
Bank Bukopin 2003 Bonds amounting to
Rp45,000,000. Series A Bank Bukopin II 2003
Bonds and Subordinated Series B Bank
Bukopin 2003 Bonds were offered at their
nominal value, whereas Sharia Mudharabah
Bank Bukopin 2003 Bonds were offered with a
total 100% fund of Sharia Bonds.
Sehubungan dengan penawaran tersebut,
Obligasi Seri A Bank Bukopin II Tahun 2003
dan Obligasi Syariah Mudharabah Bank
Bukopin Tahun 2003 memperoleh hasil
pemeringkatan “idA-“ (2006: “idA-“ dan 2005:
“idBBB+”), sedangkan Obligasi Subordinasi
Seri B Bank Bukopin Tahun 2003 memperoleh
hasil pemeringkatan ”idBBB+” (2006: “idBBB+”
dan 2005: “idBBB”) dari PT Pemeringkat Efek
Indonesia. Sejak tanggal 15 JuIi 2003 seluruh
obligasi Bank yang beredar telah dicatatkan di
Bursa Efek Indonesia (dahulu Bursa Efek
Surabaya) (Catatan 22).
In connection with this offering, Series A Bank
Bukopin II 2003 Bonds and Sharia Mudharabah
Bank Bukopin 2003 Bonds were rated “idA-”
(2006: “idA-“ and 2005: “idBBB+”), whereas
Subordinated Series B Bank Bukopin 2003
Bonds were rated “idBBB+” (2006: “idBBB+”
and 2005: “idBBB”) by PT Pemeringkat Efek
Indonesia. The bonds have been listed on the
Indonesia Stock Exchange (formerly Surabaya
Stock Exchange) since July 15, 2003 (Note
22).
Pada tanggal 10 Juli 2008, Obligasi Seri A
Bank Bukopin Tahun 2003 dan Obligasi
Syariah Mudharabah Bank Bukopin Tahun
2003 telah jatuh tempo, sedangkan untuk
Obligasi Subordinasi Seri B Bank Bukopin
Tahun 2003, Bank melaksanakan opsi beli
yang dimilikinya.
On July 10, 2008, Obligasi Seri A Bank
Bukopin Tahun 2003 and Obligasi Syariah
Mudharabah Bank Bukopin Tahun 2003 have
been
matured,
whereas
for
Obligasi
Subordinasi Seri B Bank Bukopin Tahun 2003,
the Bank exercised its call option.
16
The original consolidated financial statements included herein are in
the Indonesian language.
PT BANK BUKOPIN TBK.
AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS
Years Ended December 31, 2008 and 2006
With Comparative Figures For 2007
(Expressed in millions of Rupiah,
unless otherwise stated)
PT BANK BUKOPIN TBK.
DAN ANAK-ANAK PERUSAHAAN
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN
Tahun yang Berakhir pada Tanggal-tanggal
31 Desember 2008 dan 2006
Dengan Angka Perbandingan Untuk 2007
(Disajikan dalam jutaan Rupiah,
kecuali dinyatakan lain)
1.
INFORMASI UMUM (lanjutan)
e.
2.
1.
GENERAL INFORMATION (continued)
Penawaran Umum Obligasi dan Penawaran
Umum Saham Perdana Bank (lanjutan)
e. Public Offering of the Bank’s Bonds and
Shares (continued)
Pada bulan Juni 2006, Bank melakukan
Penawaran Umum Saham Perdana sejumlah
843.765.500 lembar saham Seri B dengan nilai
nominal Rp100 (nilai penuh) per saham
dengan harga jual Rp350 (nilai penuh) per
saham kepada masyarakat melalui pasar
modal sesuai dengan ketentuan perundangundangan yang berlaku. Penawaran Umum
Saham Perdana saham Seri B kepada
masyarakat ini telah memperoleh pernyataan
efektif dari BAPEPAM-LK melalui suratnya
No. S-825/BL/2006 tanggal 30 Juni 2006
(Catatan 26a). Saham yang ditawarkan
tersebut mulai diperdagangkan di Bursa Efek
Indonesia pada tanggal 10 Juli 2006 dan pada
saat yang bersamaan seluruh saham Bank
juga dicatatkan.
In June 2006, the Bank sold 843.765.500
Series B shares with a par value of Rp100 (full
amount) per share and offering price of Rp350
(full amount) per share to the public, through
the capital market in Indonesia, in accordance
with the prevailing Capital Market Law.
The Bank received a notice of effectivity from
the
BAPEPAM-LK
through
its
letter
No. S-825/BL/2006 dated June 30, 2006 for the
sale of Series B shares to the public
(Note 26a). On July 10, 2006, the IPO shares
were initially traded and listed in the Indonesia
Stock Exchange.
KEBIJAKAN AKUNTANSI
2.
ACCOUNTING POLICIES
Kebijakan akuntansi utama yang diterapkan dalam
penyusunan laporan keuangan konsolidasian Bank
dan Anak-anak Perusahaan adalah seperti
dijabarkan dibawah ini:
The principal accounting policies adopted in
preparing the consolidated financial statements of
the Bank and Subsidiaries are set out below:
a.
a. Basis of Preparation
Financial Statements
Dasar Penyusunan
Konsolidasian
Laporan
Keuangan
of
Consolidated
Laporan keuangan konsolidasian disusun
sesuai dengan prinsip akuntansi yang berlaku
umum di Indonesia dan Peraturan No. VIII.G.7
tentang
Pedoman
Penyajian
Laporan
Keuangan yang terdapat dalam Lampiran
Keputusan Ketua BAPEPAM-LK No. KEP06/PM/2000 tanggal 13 Maret 2000 dan Surat
Edaran No. SE-02/BL/2008 tanggal 31 Januari
2008 tentang “Pedoman Penyajian dan
Pengungkapan Laporan Keuangan Emiten atau
perusahaan publik industri pertambangan
umum, minyak dan gas bumi, dan perbankan”.
The consolidated financial statements have
been prepared in accordance with accounting
principles generally accepted in Indonesia and
Regulation No. VIII.G.7 regarding Financial
Statements Presentation Guidelines included in
the Appendix of the Decree of the Chairman of
the BAPEPAM-LK No. KEP-06/PM/2000 dated
March 13, 2000 and Circular Letter
No. SE-02/BL/2008 dated January 31, 2008
regarding “Guidance of Presentation and
Disclosure of Financial Statement of public
company in the general mining, oil and gas,
and banking industries”.
Laporan keuangan konsolidasian disusun
berdasarkan harga perolehan kecuali yang
terkait dengan penilaian kembali atas aset
tetap sesuai dengan ketentuan pemerintah dan
instrumen keuangan tertentu seperti surat
berharga yang diperdagangkan dan tersedia
untuk dijuaI serta instrumen derivatif.
The consolidated financial statements have
been prepared under the historical cost
convention except for the revaluation of fixed
assets which are in accordance with
government regulations and certain financial
instruments such as trading and available-forsale investment marketable securities and
derivative instruments.
17
The original consolidated financial statements included herein are in
the Indonesian language.
PT BANK BUKOPIN TBK.
AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS
Years Ended December 31, 2008 and 2006
With Comparative Figures For 2007
(Expressed in millions of Rupiah,
unless otherwise stated)
PT BANK BUKOPIN TBK.
DAN ANAK-ANAK PERUSAHAAN
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN
Tahun yang Berakhir pada Tanggal-tanggal
31 Desember 2008 dan 2006
Dengan Angka Perbandingan Untuk 2007
(Disajikan dalam jutaan Rupiah,
kecuali dinyatakan lain)
2.
KEBIJAKAN AKUNTANSI (lanjutan)
a.
Dasar Penyusunan Laporan
Konsolidasian (lanjutan)
ACCOUNTING POLICIES (continued)
Keuangan
a. Basis of Preparation of Consolidated
Financial Statements (continued)
Laporan arus kas konsolidasian disusun dengan
menggunakan
metode
langsung
yang
menyajikan penerimaan dan pengeluaran kas
dan setara kas yang diklasifikasikan ke dalam
aktivitas operasi, investasi, dan pendanaan,
kecuali untuk beberapa arus kas dalam aktivitas
operasional dan pendanaan yang disusun
dengan menggunakan metode tidak langsung.
The consolidated statements of cash flows is
prepared using the direct method which present
receipts and payments of cash and cash
equivalents which are classified into operating,
investing, and financing activities, except for
some cash flows in the operating and financing
activities which are prepared using the indirect
method.
Dalam
penyusunan
laporan
keuangan
konsolidasian sesuai dengan prinsip akuntansi
yang berlaku umum di Indonesia dibutuhkan
estimasi dan asumsi yang mempengaruhi:
The preparation of consolidated financial
statements in conformity with generally
accepted accounting principles in Indonesia
requires the use of estimates and assumptions
that affects:
•
nilai aktiva dan kewajiban dilaporkan, dan
pengungkapan atas aktiva dan kewajiban
kontinjensi pada tanggal laporan keuangan
konsolidasian,
•
the reported amounts of assets and
liabilities and disclosure of contingent
assets and liabilities at the date of the
consolidated financial statements,
•
jumlah pendapatan dan beban selama
periode pelaporan.
•
the reported amounts of revenues and
expenses during the reporting period.
Walaupun estimasi
pengetahuan terbaik
dan tindakan saat
mungkin berbeda
diestimasi semula.
b.
2.
ini dibuat berdasarkan
Manajemen atas kejadian
ini, hasil yang timbul
dengan jumlah yang
Although these estimates are based on
Management’s best knowledge of current
events and activities, actual results may differ
from those estimates.
Seluruh angka dalam laporan keuangan
konsolidasian ini, kecuali dinyatakan secara
khusus, dibulatkan menjadi jutaan Rupiah yang
terdekat.
Figures in the consolidated financial statements
are rounded to and stated in million of Rupiah
unless otherwise stated.
Akuntansi Bank dan Anak-anak Perusahaan
i.
b. Bank and Subsidiaries’ Accounting
Anak-anak Perusahaan
i.
Laporan keuangan konsolidasian disajikan
sesuai dengan PSAK No. 31 (Revisi 2000)
tentang “Akuntansi Perbankan”, yang
berlaku efektif 1 Januari 2001, dan prinsip
akuntansi yang berlaku umum lainnya
ditetapkan oleh Institut Akuntan Publik
Indonesia (IAPI), dan jika diperlukan,
menggunakan praktek yang lazim berlaku
dalam industri perbankan serta pedoman
akuntansi
dan
Subsidiaries
The consolidated financial statements
have been prepared in accordance with
the PSAK No. 31 (Revised 2000),
“Accounting for the Banking Industry”,
which has been effective since January 1,
2001, and other generally accepted
accounting principles established by the
Indonesian Institute of Certified Public
Accountants
(IICPA),
and
where
applicable, with the prevailing banking
18
The original consolidated financial statements included herein are in
the Indonesian language.
PT BANK BUKOPIN TBK.
AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS
Years Ended December 31, 2008 and 2006
With Comparative Figures For 2007
(Expressed in millions of Rupiah,
unless otherwise stated)
PT BANK BUKOPIN TBK.
DAN ANAK-ANAK PERUSAHAAN
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN
Tahun yang Berakhir pada Tanggal-tanggal
31 Desember 2008 dan 2006
Dengan Angka Perbandingan Untuk 2007
(Disajikan dalam jutaan Rupiah,
kecuali dinyatakan lain)
2.
KEBIJAKAN AKUNTANSI (lanjutan)
b.
2.
Akuntansi Bank dan Anak-anak Perusahaan
(lanjutan)
i.
ACCOUNTING POLICIES (continued)
b. Bank
and
(continued)
Anak-anak Perusahaan (lanjutan)
i.
Subsidiaries’
Accounting
Subsidiaries (continued)
pelaporan yang ditetapkan oleh otoritas
perbankan
Indonesia
dan
Badan
Pengawas Pasar Modal dan Lembaga
Keuangan
(BAPEPAM-LK)
Peraturan
No. VIII.G.7 tentang “Pedoman Penyajian
Laporan Keuangan” yang terlampir dalam
Lampiran Keputusan Ketua BAPEPAM-LK
No. KEP.06/PM/2000 tanggal 13 Maret
2000 serta Surat Edaran BAPEPAM-LK
No. SE-02/BL/2008 tanggal 31 Januari
2008 tentang “Pedoman Penyajian dan
Pengungkapan Laporan Keuangan Emiten
atau
Perusahaan
Publik
Industri
Pertambangan Umum, Minyak dan Gas
Bumi, dan Perbankan”.
industry practices and accounting and
reporting guidelines prescribed by the
Indonesian banking regulatory authority
and the Indonesian Capital Markets and
Financial Institutions Supervisory Agency
(BAPEPAM-LK) Regulation No. VIII.G.7
“Guidance for Financial Statements
Presentation” attached to the Decision
Letter No. KEP.06/PM/2000 dated March
13, 2000 issued by the Chairman of
BAPEPAM-LK and the Circular Letter of
the Chairman of Capital Market and
Financial Institution Supervisory Board
No. SE-02/BL/2008 dated January 31,
2008 which contain “Presentation and
Disclosures Guidelines of the Listed
Company’s Financial Statements in
Mining, Oil and Gas, and Banking
Industry”.
Laporan keuangan konsolidasian meliputi
laporan keuangan Bank beserta anakanak perusahaan yang berada dibawah
pengendalian Bank, kecuali anak-anak
perusahaan yang sifat pengendaliannya
adalah
sementara
atau
jika
ada
pembatasan
jangka
panjang
yang
mempengaruhi kemampuan anak-anak
perusahaan untuk memindahkan dananya
ke Bank.
The consolidated financial statements
include the financial statements of the
Bank and its subsidiaries that are
controlled by the Bank, other than those
excluded because control is assumed to
be temporary or due to long-term
restrictions significantly impairing a
subsidiary’s ability to transfer funds to the
Bank.
Dalam hal pengendalian terhadap anakanak perusahaan dimulai atau diakhiri
dalam suatu tahun berjalan maka hasil
usaha anak-anak perusahaan yang
diperhitungkan
ke
dalam
laporan
keuangan konsolidasian hanya sebatas
hasil pada saat pengendalian tersebut
mulai diperoleh atau hingga saat
pengendalian atas anak-anak perusahaan
itu berakhir.
Where an entity either began or ceased to
be controlled during the year, the results
of operations of that entity are included
into the consolidated financial statements
only from the date that the control
commenced or up to the date that control
ceased.
19
The original consolidated financial statements included herein are in
the Indonesian language.
PT BANK BUKOPIN TBK.
AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS
Years Ended December 31, 2008 and 2006
With Comparative Figures For 2007
(Expressed in millions of Rupiah,
unless otherwise stated)
PT BANK BUKOPIN TBK.
DAN ANAK-ANAK PERUSAHAAN
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN
Tahun yang Berakhir pada Tanggal-tanggal
31 Desember 2008 dan 2006
Dengan Angka Perbandingan Untuk 2007
(Disajikan dalam jutaan Rupiah,
kecuali dinyatakan lain)
2.
KEBIJAKAN AKUNTANSI (lanjutan)
b.
2.
Akuntansi Bank dan Anak-anak Perusahaan
(lanjutan)
i.
ACCOUNTING POLICIES (continued)
b. Bank
and
(continued)
Anak-anak Perusahaan (lanjutan)
i.
Subsidiaries’
Accounting
Subsidiaries (continued)
Pengendalian atas suatu anak-anak
perusahaan dianggap ada apabila Bank
menguasai Iebih dari 50% (lima puluh
persen)
hak
suara
di
anak-anak
perusahaan, atau Bank dapat menentukan
kebijakan keuangan dan operasi dari
anak-anak perusahaan atau mempunyai
kemampuan untuk memberhentikan atau
menunjuk mayoritas anggota dengan
direksi di anak-anak perusahaan.
Control is presumed to exist where more
than 50% (fifty percent) of a subsidiary’s
voting power is controlled by the Bank, or
the Bank is able to govern the financial
and operating policies of a subsidiary, or
control the removal or appointment of the
majority of the subsidiary’s board of
directors.
Dalam mencatat akuisisi anak-anak
perusahaan digunakan metode pembelian.
Biaya akuisisi diukur sebesar nilai wajar
aktiva yang diserahkan, saham yang
diterbitkan atau kewajiban yang diambil
alih pada tanggal akusisi, ditambah biaya
yang berkaitan secara langsung dengan
akuisisi. Kelebihan biaya akuisisi atas nilai
wajar aktiva bersih anak-anak perusahaan
dicatat sebagai goodwill (Catatan 2.b.ii
untuk kebijakan akuntansi atas goodwill).
The purchase method of accounting is
used to account for the acquisition of
subsidiary. The cost of an acquisition is
measured as the fair value of the assets
given up, shares issued or liabilities
undertaken at the date of acquisition plus
costs
directly
attributable
to
the
acquisition. The excess of the cost of
acquisition over the fair value of the net
assets of the subsidiary acquired is
recorded as goodwill (Note 2.b.ii for the
accounting policy on goodwill).
Seluruh saldo dan transaksi termasuk
keuntungan/kerugian
yang
belum
direalisasi
antar
perusahaan
yang
signifikan dieliminasi untuk mencerminkan
posisi keuangan dan hasil usaha Bank dan
anak-anak perusahaan sebagai satu
kesatuan usaha.
All significant inter-company balances and
transactions,
including
unrealized
gain/loss,
are
eliminated
in
the
consolidation to reflect the financial
position and results of operations of the
Bank and its subsidiary as one business
entity.
Laporan keuangan konsolidasian disusun
dengan menggunakan kebijakan akuntansi
yang sama untuk peristiwa dan transaksi
sejenis dalam kondisi yang sama. Apabila
anak-anak perusahaan menggunakan
kebijakan akuntansi yang berbeda dari
kebijakan akuntansi yang digunakan
dalam laporan keuangan konsolidasian,
maka
dilakukan
penyesuaian
yang
diperlukan terhadap Iaporan keuangan
anak-anak perusahaan tersebut.
The consolidated financial statements are
prepared using uniform accounting policy
for transactions and events in similar
circumstances. If a subsidiary’s financial
statements uses accounting policies other
than those adopted in the consolidated
financial
statements
appropriate
adjustments are made to its financial
statements.
20
The original consolidated financial statements included herein are in
the Indonesian language.
PT BANK BUKOPIN TBK.
AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS
Years Ended December 31, 2008 and 2006
With Comparative Figures For 2007
(Expressed in millions of Rupiah,
unless otherwise stated)
PT BANK BUKOPIN TBK.
DAN ANAK-ANAK PERUSAHAAN
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN
Tahun yang Berakhir pada Tanggal-tanggal
31 Desember 2008 dan 2006
Dengan Angka Perbandingan Untuk 2007
(Disajikan dalam jutaan Rupiah,
kecuali dinyatakan lain)
2.
KEBIJAKAN AKUNTANSI (lanjutan)
b.
2.
Akuntansi Bank dan Anak-anak Perusahaan
(lanjutan)
i.
ii.
ACCOUNTING POLICIES (continued)
b. Bank
and
(continued)
Anak-anak Perusahaan (lanjutan)
i.
Subsidiaries’
Accounting
Subsidiaries (continued)
Hak minoritas atas laba bersih dan ekuitas
anak-anak
perusahaan
dinyatakan
sebesar proporsi pemegang saham
minoritas atas laba bersih dan ekuitas
anak-anak perusahaan tersebut sesuai
dengan
persentase
kepemilikan
pemegang saham minoritas pada anakanak perusahaan tersebut.
Minority
represents
the
minority
stockholders’ proportionate share in the
net income and equity of the subsidiary
which is presented based on the
percentage of ownership of the minority
stockholders in the subsidiary.
Sesuai dengan PSAK No. 4 tentang
“Laporan Keuangan Konsolidasi”, kerugian
yang menjadi bagian dari pemegang
saham minoritas pada suatu anak
perusahaan dapat melebihi bagiannya
dalam modal disetor. Kelebihan tersebut
dan kerugian lebih lanjut yang menjadi
bagian pemegang saham minoritas, harus
dibebankan pada pemegang saham
mayoritas, kecuali terdapat kewajiban
yang
mengikat
pemegang
saham
minoritas
untuk
menutupi
kerugian
tersebut dan pemegang saham minoritas
mampu memenuhi kewajibannya. Apabila
pada
periode
selanjutnya,
anak
perusahaan melaporkan laba, maka laba
tersebut harus terlebih dahulu dialokasikan
kepada pemegang saham mayoritas
sampai
seluruh
bagian
kerugian
pemegang
saham
minoritas
yang
dibebankan pada pemegang saham
mayoritas dapat ditutup.
Under PSAK No. 4 on “Consolidated
Financial
Statements”,
the
losses
applicable to the minority in a consolidated
subsidiary may exceed the minority
interest in the equity of the subsidiary. The
excess, and any further losses applicable
to the minority, are charged against the
majority interest except to the extent that
minority has a binding obligation to, and is
able to, make good the losses. If the
subsidiary subsequently reports profits,
the majority interest is allocated all such
profits until the minority’s share of losses
previously absorbed by the majority has
been recovered.
Goodwill
ii.
Goodwill merupakan selisih lebih antara
harga perolehan investasi dan nilai wajar
bagian Bank atas aktiva bersih anak-anak
perusahaan/perusahaan asosiasi pada
tanggal akuisisi. Kerugian yang menjadi
bagian dari pemegang saham minoritas
pada suatu anak Perusahaan yang
melebihi bagiannya dalam modal disetor
pada tanggal akuisisi, diperhitungkan
sebagai bagian dari goodwill. Goodwill
diamortisasi dengan metode garis lurus
Goodwill
Goodwill represents the difference
between the acquisition cost of an
investment and the Bank’s portfolio of the
fair value of the net assets of the
subsidiary/associate company as at date
of acquisition. The losses applicable to
the minority in a consolidated subsidiary
that exceed the minority interest in the
equity of the subsidiary at the acquisition
date, calculated as part of goodwill.
Goodwill is amortized over its useful life,
21
The original consolidated financial statements included herein are in
the Indonesian language.
PT BANK BUKOPIN TBK.
AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS
Years Ended December 31, 2008 and 2006
With Comparative Figures For 2007
(Expressed in millions of Rupiah,
unless otherwise stated)
PT BANK BUKOPIN TBK.
DAN ANAK-ANAK PERUSAHAAN
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN
Tahun yang Berakhir pada Tanggal-tanggal
31 Desember 2008 dan 2006
Dengan Angka Perbandingan Untuk 2007
(Disajikan dalam jutaan Rupiah,
kecuali dinyatakan lain)
2.
KEBIJAKAN AKUNTANSI (lanjutan)
b.
Akuntansi Bank dan Anak-anak Perusahaan
(lanjutan)
ii.
c.
2.
b. Bank
and
(continued)
Goodwill (lanjutan)
ii.
Accounting
Goodwill (continued)
which is 5 - 15 (five to fifteen) years.
Management determines the estimated
useful life of the goodwill based on the
evaluation of the related company at the
acquisition
date,
by
taking
into
consideration factors such as existing
market share, potential growth, and other
factors in the acquired company.
Saldo goodwill yang belum diamortisasi
harus dievaluasi pada setiap tanggal
neraca, dan apabila terdapat indikasi
bahwa jumlah tersebut tidak dapat
sepenuhnya atau sebagian dipulihkan
(recovered) dari ekspektasi manfaat
keekonomian di masa mendatang, maka
bagian jumlah yang tidak dapat dipulihkan
tersebut langsung dibukukan sebagai
beban pada periode yang bersangkutan.
Setiap penurunan nilai (write-down)
goodwill tidak boleh dinaikkan (write-up)
kembali pada periode selanjutnya.
The unamortized balance of goodwill
should be reviewed at each balance sheet
date and, if there is an indication that the
amount cannot be fully or partly recovered
from the expected future economic
benefits, then the unrecoverable amount
should be recognized immediately as an
expense. Any write-down of goodwill
should not be reversed in a subsequent
period.
c. Foreign Currency Translations
Mata Uang Pelaporan
i.
Laporan
keuangan
konsolidasian
dijabarkan dalam mata uang Rupiah, yang
merupakan mata uang pelaporan Bank
dan anak-anak perusahaan.
ii.
Subsidiaries’
selama estimasi masa manfaatnya yaitu
5 - 15 (lima sampai dengan lima belas)
tahun. Manajemen menentukan estimasi
masa manfaat goodwill berdasarkan
evaluasi atas perusahaan bersangkutan
pada
saat
akuisisi,
dengan
mempertimbangkan faktor-faktor seperti
pangsa
pasar
yang
ada
tingkat
pertumbuhan potensial dan faktor lain
yang terdapat dalam perusahaan yang
diakuisisi.
Penjabaran Mata Uang Asing
i.
ACCOUNTING POLICIES (continued)
Reporting Currency
The consolidated financial statements are
presented in Rupiah, which is the
reporting currency of the Bank and
subsidiaries.
Transaksi dan Saldo
ii.
Transaksi dalam mata uang asing
dijabarkan ke mata uang Rupiah dengan
menggunakan kurs pada tanggal-tanggal
transaksi tersebut. Pada tanggal neraca,
aktiva dan kewajiban moneter dalam mata
uang asing dijabarkan dengan kurs yang
berlaku pada tanggal neraca.
Transactions and Balances
Transactions denominated in a foreign
currency are converted into Rupiah using
the spot rate at those transaction dates.
At the balance sheet date, monetary
assets and liabilities in foreign currencies
are translated at the exchange rates
prevailing at that date.
22
The original consolidated financial statements included herein are in
the Indonesian language.
PT BANK BUKOPIN TBK.
AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS
Years Ended December 31, 2008 and 2006
With Comparative Figures For 2007
(Expressed in millions of Rupiah,
unless otherwise stated)
PT BANK BUKOPIN TBK.
DAN ANAK-ANAK PERUSAHAAN
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN
Tahun yang Berakhir pada Tanggal-tanggal
31 Desember 2008 dan 2006
Dengan Angka Perbandingan Untuk 2007
(Disajikan dalam jutaan Rupiah,
kecuali dinyatakan lain)
2.
KEBIJAKAN AKUNTANSI (lanjutan)
c.
Penjabaran Mata Uang Asing (lanjutan)
ii.
ii.
Transactions
(continued)
and
Balances
Keuntungan dan kerugian selisih kurs
yang timbul dan transaksi dalam mata
uang asing dan dari penjabaran aktiva dan
kewajiban moneter dalam mata uang
asing diakui pada laporan laba rugi
konsolidasian,
kecuali
apabila
ditangguhkan pada bagian ekuitas sebagai
lindung nilai arus kas yang memenuhi
syarat.
Exchange gains and losses arising on
transactions in foreign currency and on
the translation of foreign currency
monetary assets and liabilities are
recognized in the consolidated statement
of income, except when deferred in equity
as qualifying cash flow hedges.
Selisih penjabaran mata uang asing atas
efek utang dan aktiva moneter keuangan
lain yang diukur berdasarkan nilai wajar
dicatat sebagai bagian dari keuntungan
dan kerugian selisih kurs. Selisih
penjabaran mata uang asing atas aktiva
non-moneter
seperti
efek
yang
diperdagangkan
dilaporkan
sebagai
bagian dari keuntungan atau kerugian nilai
wajar.
Translation
differences
on
debt
marketable securities and other monetary
financial assets measured at fair value
are included in foreign exchange gains
and losses. Translation differences on
non-monetary items such as securities
held for trading are reported as part of the
fair value gain or loss.
Berikut ini adalah kurs mata uang asing
utama yang digunakan untuk penjabaran
pada tanggal 31 Desember 2008, 2007,
dan 2006.
Below are the major exchange rates used
for translation as at December 31, 2008,
2007, and 2006:
Dolar Amerika Serikat
Dolar Australia
Dolar Hong Kong
Euro
Dolar Singapura
Yen
Ringgit Malaysia
Poundsterling
10.900,00
7.554,26
1.406,44
15.356,48
7.587,91
120,65
3.148,03
15.755,42
2007
9.393,00
8.265,84
1.204,08
13.821,80
6.532,90
83,84
2.840,77
18.760,64
Kas dan Setara Kas
2006
9.003,00
7.117,83
1.157,71
11.846,25
5.867,89
75,63
2.550,05
17.616,19
United States Dollar
Australian Dollar
Hong Kong Dollar
Euro
Singapore Dollar
Yen
Malaysian Ringgit
Poundsterling
d. Cash and Cash Equivalents
Untuk tujuan penyajian laporan arus kas, kas
dan setara kas terdiri atas kas, giro pada Bank
Indonesia dan giro pada bank lain yang tidak
dijaminkan atau dibatasi penggunaanya.
e.
ACCOUNTING POLICIES (continued)
c. Foreign Currency Translations (continued)
Transaksi dan Saldo (lanjutan)
2008
d.
2.
For cash flows presentation purposes, cash
and cash equivalents consists of cash, current
account with Bank Indonesia and current
accounts with other banks, which are not
pledged as collateral or restricted for use.
Giro pada Bank Indonesia dan Bank Lain
e. Current Accounts with Bank Indonesia and
Other Banks
Giro pada BI dinyatakan sebesar saldo giro.
Current accounts with BI are stated at their
outstanding balances.
Giro pada bank lain dinyatakan sebesar saldo
giro dikurangi dengan penyisihan kerugian.
Current accounts with other banks are stated at
their outstanding balance net of allowance for
losses.
23
The original consolidated financial statements included herein are in
the Indonesian language.
PT BANK BUKOPIN TBK.
AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS
Years Ended December 31, 2008 and 2006
With Comparative Figures For 2007
(Expressed in millions of Rupiah,
unless otherwise stated)
PT BANK BUKOPIN TBK.
DAN ANAK-ANAK PERUSAHAAN
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN
Tahun yang Berakhir pada Tanggal-tanggal
31 Desember 2008 dan 2006
Dengan Angka Perbandingan Untuk 2007
(Disajikan dalam jutaan Rupiah,
kecuali dinyatakan lain)
2.
KEBIJAKAN AKUNTANSI (lanjutan)
f.
g.
2.
ACCOUNTING POLICIES (continued)
Penempatan pada Bank Indonesia dan
Bank Lain
f. Placements with Bank Indonesia and Other
Banks
Penempatan pada BI dinyatakan sebesar saldo
penempatan dikurangi dengan pendapatan
bunga yang ditangguhkan.
Placements with BI are stated at the
outstanding balances net of unearned interest
incomes.
Penempatan pada bank lain dinyatakan
sebesar saldo penempatan dikurangi dengan
penyisihan kerugian aktiva yang dibentuk
berdasarkan penelaahan terhadap kolektibilitas
dan masing-masing saldo penempatan pada
bank lain.
Placements with other banks are stated at the
outstanding balances, net of allowance for
losses, which is determined based on
evaluation of the collectibility of each
placement with other banks.
Surat-surat Berharga
g. Marketable Securities
Surat-surat berharga terdiri dari Sertifikat Bank
Indonesia (SBI), wesel ekspor, efek hutang
Iainnya,
dan
obligasi
korporasi
yang
diperdagangkan di bursa efek.
Marketable securities consist of Bank
Indonesia Certificates (SBI), trading export
bills, debt marketable securities, and corporate
bonds traded on the stock exchange.
Termasuk dalam surat-surat berharga adalah
obligasi yang diterbitkan oleh Pemerintah yang
tidak
berhubungan
dengan
program
rekapitalisasi Bank seperti surat utang negara
dan Obligasi Pemerintah dalam mata uang
asing. ObIigasi tersebut diterbitkan oleh
Pemerintah dan diperoleh melalui pasar
perdana dan sekunder.
Included in marketable securities are bonds
issued by the Government that are not related
in the Bank’s recapitalization program such as
treasury
bonds
and
foreign
currency
Government Bonds. These bonds are issued
by the Government and are obtained through
both primary and secondary markets.
Surat-surat berharga diklasifikasikan ke dalam
kelompok untuk diperdagangkan, tersedia
untuk dijual atau dimiliki hingga jatuh tempo.
Marketable securities are classified as either
trading, available-for-sale or held-to-maturity.
Surat-surat berharga yang diklasifikasikan ke
dalam kelompok untuk diperdagangkan
(“trading”) disajikan sebesar nilai wajarnya.
Keuntungan atau kerugian yang belum
direalisasi akibat kenaikan atau penurunan nilai
wajarnya disiapkan dalam laporan laba rugi
konsolidasian tahun berjalan. Atas penjualan
portofolio
efek
untuk
diperdagangkan,
perbedaan antara harga jual dengan nilai wajar
per buku diakui sebagai keuntungan atau
kerugian terealisasi dari penjualan.
Marketable securities classified as trading are
stated at fair value. The unrealized gains or
losses resulting from the increase or decrease
in fair value are recognized in the current years
consolidated statement of income. Upon sale of
trading portfolio marketable securities, the
difference between selling price and fair value
per books is recognized as a realized gain or
loss on sale.
24
The original consolidated financial statements included herein are in
the Indonesian language.
PT BANK BUKOPIN TBK.
AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS
Years Ended December 31, 2008 and 2006
With Comparative Figures For 2007
(Expressed in millions of Rupiah,
unless otherwise stated)
PT BANK BUKOPIN TBK.
DAN ANAK-ANAK PERUSAHAAN
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN
Tahun yang Berakhir pada Tanggal-tanggal
31 Desember 2008 dan 2006
Dengan Angka Perbandingan Untuk 2007
(Disajikan dalam jutaan Rupiah,
kecuali dinyatakan lain)
2.
KEBIJAKAN AKUNTANSI (lanjutan)
g.
2.
Surat-surat Berharga (lanjutan)
ACCOUNTING POLICIES (continued)
g. Marketable Securities (continued)
Surat-surat berharga yang diklasiflkasikan ke
dalam kelompok tersedia untuk dijual
(”available-for-sale”) disajikan sebesar nilai
wajarnya. Keuntungan atau kerugian yang
belum direalisasi akibat kenaikan atau
penurunan nilai wajarnya setelah dikurangi
pajak diakui dan dicatat sebagai komponen
ekuitas. Selisih antara harga jual dan nilai
tercatat diakui sebagai keuntungan atau
kerugian pada tahun dimana surat berharga
tersebut dijual. Keuntungan atau kerugian yang
belum direalisasi dari surat-surat berharga
tersedia untuk dijual tersebut setelah dikurangi
pajak yang tercatat dalam ekuitas diakui
sebagai penghasilan atau beban pada tahun
dimana surat berharga tersebut dijual.
Marketable securities classified as availablefor-sale are stated at fair value. Unrealized
gains or losses from the increase or decrease
in fair value, net of tax, are recognized and
presented as an equity component. The
difference between the selling price and the
carrying value of the marketable securities is
recognized as income or expense of the year
when realized. The unrealized gains or losses,
net of tax, of the available-for-sale marketable
securities recorded in equity are recognized as
income or expense of the year when realized.
Surat-surat berharga yang diklasikasikan ke
dalam kelompok dimiiki hingga jatuh tempo
(“held-to-maturity”) disajikan sebesar biaya
perolehan yang disesuaikan dengan premi
dan/atau diskonto yang belum diamortisasi.
Premi atau diskonto diamortisasi dengan
rnenggunakan metode garis lurus. Bila terjadi
penurunan nilai wajar di bawah biaya
perolehan (termasuk amortisasi premi dan/atau
diskonto) yang bersifat permanen, maka biaya
perolehan surat berharga yang bersangkutan
diturunkan sebesar nilai wajarnya dan jumlah
penurunan nilai tersebut dibebankan pada laba
rugi konsolidasian tahun berjalan.
Marketable securities classified as held-tomaturity are stated at cost adjusted for
unamortized premium or discount. Premium or
discount are amortized using the straight-line
method. If it is probable that the cost (including
amortization of premium and/or discount) of
such marketable securities will not be fully
recovered, a permanent diminution in value is
considered to have occurred and the individual
security is written down to its fair value. Any
such write-down is recognized as loss in the
current year consolidated statement of income.
Untuk
surat-surat
berharga
yang
diperdagangkan secara aktif di pasar keuangan
yang terorganisasi, nilai wajar tersebut
umumnya ditentukan dengan mengacu pada
harga penawaran pasar yang terjadi di bursa
efek pada tanggal yang terdekat dengan
tanggal neraca. Untuk surat-surat berharga
yang tidak mempunyai harga penawaran pasar
estimasi atas nilai wajar surat-surat berharga
ditetapkan dengan mengacu pada nilai wajar
instrumen lain yang memiliki substansi yang
sama atau dihitung berdasarkan arus kas yang
diharapkan terhadap aktiva bersih surat-surat
berharga tersebut.
For marketable securities which are actively
traded in organized financial markets, fair value
is generally determined by reference to quoted
market bid prices by the stock exchanges at
the close of business on the balance sheet
date. For marketable securities where there is
no quoted market price, a reasonable estimate
of the fair value is determined by reference to
the current market value of another instrument
which is substantially the same or is calculated
based on the expected cash flows of the
underlying net assets base of marketable
securities.
25
The original consolidated financial statements included herein are in
the Indonesian language.
PT BANK BUKOPIN TBK.
AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS
Years Ended December 31, 2008 and 2006
With Comparative Figures For 2007
(Expressed in millions of Rupiah,
unless otherwise stated)
PT BANK BUKOPIN TBK.
DAN ANAK-ANAK PERUSAHAAN
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN
Tahun yang Berakhir pada Tanggal-tanggal
31 Desember 2008 dan 2006
Dengan Angka Perbandingan Untuk 2007
(Disajikan dalam jutaan Rupiah,
kecuali dinyatakan lain)
2.
KEBIJAKAN AKUNTANSI (lanjutan)
g.
h.
2.
Surat-surat Berharga (lanjutan)
ACCOUNTING POLICIES (continued)
g. Marketable Securities (continued)
Pemindahan surat berharga antar kelompok
diakui sebesar nilai wajar pada tanggal
pemindahan. Untuk surat berharga yang
dipindahkan dari kelompok diperdagangkan,
laba atau rugi yang belum direalisasi pada
tanggal transfer telah tercatat sebagai
penghasilan dan oleh karena itu tidak boleh
dihapus
The transfer of a marketable security between
categories of investments shall be accounted
for at fair value at the date of the transfer. For a
marketable security transferred from the trading
category, the unrealized holding gain or loss at
the date of the transfer will have already been
recognized in earnings and shall not be
reversed.
Penyisihan kerugian aktiva dan perubahan nilai
pasar disajikan sebagai penambah/pengurang
terhadap surat-surat berharga.
Allowance for losses and changes in fair value
are presented as additions/deductions from the
outstanding balance of marketable securities.
Surat-surat Berharga yang Dibeli dengan
Janji Dijual Kembali dan Surat-surat
Berharga yang Dijual dengan Janji Dibeli
Kembali
h. Marketable Securities Purchased with
Agreements to Resell and Marketable
Securities Sold with Agreements to
Repurchase
Surat-surat berharga yang dibeli dengan janji
dijual kembali disajikan sebesar harga jual
kembali surat berharga yang bersangkutan
dikurangi amortisasi pendapatan bunga yang
belum direalisasikan. Selisih antara harga beli
dan harga jual kembali surat berharga diakui
sebagai pendapatan bunga yang ditangguhkan.
Pendapatan bunga yanq ditangguhkan diakui
sebagai pendapatan dan diamortisasi selama
jangka waktu sejak surat berharga dibeli
hingga dijual kembali.
Marketable
securities
purchased
with
agreements to resell are presented at their
resale price less unamortized interest income.
The difference between the purchase price and
the selling price is recognized as deferred
interest income. Deferred interest income is
recognized as income and amortized during the
period from the purchase of marketable
securities to the date of resale.
Surat berharga yang dijual dengan janji dibeli
kembali disajikan sebagai kewajiban sebesar
harga pembelian kembali yang disepakati
dikurangi bunga dibayar dimuka yang belum
diarmortisasi.
Bunga
dibayar
dimuka
merupakan selisih antara harga jual dan harga
beli kembali surat berharga, diperlakukan
sebagai bunga dibayar dimuka dan diakui
sebagai beban bunga sesuai dengan jangka
waktu sejak surat berharga tersebut dijual
hingga dibeli kembali. Surat berharga yang
dijual tetap dicatat sebagai aktiva dalam
neraca karena secara substansi kepemilikan
surat berharga tetap berada pada pihak Bank
sebagai penjual.
Marketable securities sold with agreements to
repurchase are recognized as liability at the
agreed purchase price, reduced by the balance
of amortized prepaid interest. The difference
between the selling price and the repurchase
price is treated as prepaid interest which is
recognized as interest expense over the period
from the sale of the marketable securities up to
the time of repurchase. The marketable
securities sold are recorded as assets on the
consolidated balance sheet because in
substance the ownership of the marketable
securities remains with the Bank as the seller.
26
The original consolidated financial statements included herein are in
the Indonesian language.
PT BANK BUKOPIN TBK.
AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS
Years Ended December 31, 2008 and 2006
With Comparative Figures For 2007
(Expressed in millions of Rupiah,
unless otherwise stated)
PT BANK BUKOPIN TBK.
DAN ANAK-ANAK PERUSAHAAN
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN
Tahun yang Berakhir pada Tanggal-tanggal
31 Desember 2008 dan 2006
Dengan Angka Perbandingan Untuk 2007
(Disajikan dalam jutaan Rupiah,
kecuali dinyatakan lain)
2.
KEBIJAKAN AKUNTANSI (lanjutan)
i.
j.
2.
Instrumen Derivatif
ACCOUNTING POLICIES (continued)
i.
Derivative Instruments
Instrumen keuangan derivatif (termasuk
transaksi mata uang asing untuk tujuan
pendanaan dan perdagangan) diakui sebesar
nilai wajar pada neraca. Nilai wajar ditentukan
berdasarkan harga pasar model penentuan
harga atau harga pasar instrumen lain yang
memiliki karakteristik serupa. Derivatif dicatat
sebagai aktiva apabila memiliki nilai wajar
positif dan sebagai kewajiban apabila memiliki
niai wajar negatif.
Derivative financial instruments (including
foreign currencies transactions for funding and
trading) are recognized in the balance sheet at
their fair value. Fair value is determined based
on market value, pricing models or quoted
prices of other instruments with similar
characteristics. Derivatives are tamed as
assets when the fair value is positive and
liabilities when the fair value is negative.
Keuntungan atau kerugian yang terjadi dari
perubahan nilai wajar kontrak derivatif yang
tidak ditujukan untuk lindung nilai (atau tidak
memenuhi kriteria untuk dapat klasifikasikan
sebagai lindung nilai) diakui dalam laporan laba
rugi konsolidasian tahun berjalan.
Gain or loss as a result of fair value changes
on a derivative contract not designated as a
hedging instrument (or derivative contract that
does not qualify as a hedging instrument) is
recognized in current year consolidated
statement of income.
Kredit yang Diberikan
j.
Loans
Kredit yang diberikan dinyatakan sebesar saldo
kredit bruto dikurangi dengan penyisihan
kerugian aktiva yang dibentuk berdasarkan
penelaahan terhadap kolektibilitas dari kredit
yang diberikan.
Loans are stated at the gross amount of their
outstanding balance, less allowance for losses
when is determined based on evaluation of the
collectibility of each loan.
Kredit
sindikasi,
kredit
dalam rangka
pembiayaan
bersama,
dan
penerusan
dinyatakan sebesar pokok kredit sesuai
dengan porsi risiko yang ditanggung oleh Bank
dan anak-anak perusahaan.
Syndicated, joint financing, and channeling
loans are stated at the loan principal amount
based on the risk participation by the Bank and
its subsidiaries.
Restrukturisasi Kredit
Loan Restructuring
Kredit yang direstrukturisasi disajikan sebesar
nilai yang lebih rendah antara nilai tercatat
kredit pada tanggal restrukturisasi atau nilai
tunai penerimaan kas masa depan setelah
restrukturisasi. Kerugian akibat selisih antara
nilai tercatat kredit pada tanggal restrukturisasi
dengan nilai tunai penerimaan kas masa depan
setelah restrukturisasi diakui dalam laporan
laba rugi konsolidasian. Setelah restrukturisasi
semua penerimaan kas masa depan yang
ditetapkan dalam persyaratan baru dicatat
sebagai pengembalian pokok kredit yang
diberikan dan penghasilan bunga secara
proporsional.
Restructured loans are stated at the lower of
carrying value of the loan at the time of
restructuring or net present value of the total
future cash receipts after restructuring. Losses
arising from any excess of the carrying value of
the loan at the time of restructuring over the net
present value of the total future cash receipts
after restructuring are recognized in the
consolidated statement of income. Thereafter,
all cash receipts under the new terms shall be
accounted for as the recovery of principal and
interest revenue, proportionately.
27
The original consolidated financial statements included herein are in
the Indonesian language.
PT BANK BUKOPIN TBK.
AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS
Years Ended December 31, 2008 and 2006
With Comparative Figures For 2007
(Expressed in millions of Rupiah,
unless otherwise stated)
PT BANK BUKOPIN TBK.
DAN ANAK-ANAK PERUSAHAAN
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN
Tahun yang Berakhir pada Tanggal-tanggal
31 Desember 2008 dan 2006
Dengan Angka Perbandingan Untuk 2007
(Disajikan dalam jutaan Rupiah,
kecuali dinyatakan lain)
2.
KEBIJAKAN AKUNTANSI (lanjutan)
j.
k.
2.
Kredit yang Diberikan (lanjutan)
ACCOUNTING POLICIES (continued)
j.
Loans (continued)
Kerugian dari restrukturisasi kredit dengan cara
konversi sebagian kredit yang diberikan
menjadi saham atau instrumen keuangan
Iainnya, diakui hanya apabila nilai wajar
penyertaan saham atau instrumen keuangan
yang diterima dikurangi estimasi beban untuk
menjualnya adalah kurang dari nilai tercatat
kredit yang diberikan.
Loss on loan restructuring which involves a
conversion of loans into equity or other
financial instruments in partial satisfaction of
loans, is recognized only if the fair value of the
equity or financial instruments received,
reduced by estimated expenses to sell the
equity or other financial instruments, is less
than the carrying value of the loan.
Tunggakan bunga yang dikapitalisasi menjadi
pokok tagihan dalam perjanjian kredit yang
baru dalam rangka restrukturisasi dicatat
sebagai pendapatan bunga yang ditangguhkan
(deferred interest income) dan diamortisasi
secara proporsional berdasarkan nilai bunga
yang dikapitaIisasi terhadap pokok kredit baru
pada saat pembayaran kredit diterima.
Overdue interest that is capitalized to loan
principal under new restructuring agreements is
recorded as deferred interest income and is
amortized proportionately based on the amount
of capitalized interest relative to the loan
principal upon loan repayment.
Kredit yang diberikan dihapusbukukan ketika
tidak terdapat prospek yang realistis mengenai
pengembalian kredit atau hubungan normal
antara Bank dan debitur telah berakhir. Kredit
yang tidak dapat dilunasi dihapusbukukan
dengan mendebet penyisihan kerugian.
Pelunasan kemudian atas kredit yang telah
dihapusbukukan sebelumnya dikreditkan ke
penyisihan
kerugian
kredit
di
neraca
konsolidasian.
Loans are written-off when there is no realistic
prospect of collection or when Bank’s normal
relationship with the borrowers has ceased to
exist, when loans are deemed uncollectible
they are written-off against the related
allowance for losses. Subsequent recoveries
are credited to the allowance for losses in the
consolidated balance sheets.
Pembiayaan/Piutang Syariah
k. Sharia Financing/Receivables
Termasuk dalam pembiayaan/piutang Syariah
adalah pembiayaan mudharabah, piutang
syariah, dan pembiayaan musyarakah.
Included in Sharia financing/receivables are
mudharabah financing, sharia receivables, and
musyarakah financing.
Piutang Syariah adalah tagihan yang timbul
dari
transaksi
berdasarkan
akad-akad
murabahah, istishna, dan qardh.
Sharia receivables resulted for transactions
based on murabahah, istishna, and qardh.
Istishna merupakan akad penjualan antara
nasabah dan produsen yang bertindak sebagai
penjual. Bank membiayai nasabah untuk
membeli barang dari produsen (penjual). Cara
pembayaran dapat berupa pembayaran
dimuka, cicilan atau ditangguhkan sampai
jangka waktu tertentu.
Istishna is a sales transaction between
customer and producer who acts as seller.
Bank finance customer to buy from producer
(seller). Payment method may be in advance,
installment or deferred until certain period.
Qardh merupakan penyediaan dana atau
tagihan yang dapat dipersamakan dengan itu
berdasarkan persetujuan atau kesepakatan
antara nasabah dan Bank, dengan ketentuan
wajib untuk melunasi setelah jangka waktu
tertentu.
Qardh is a fund supply or receivables which
can be equalised with it based on approval or
agreement between customer and Bank, with
requirement to repayment after certain period.
28
The original consolidated financial statements included herein are in
the Indonesian language.
PT BANK BUKOPIN TBK.
AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS
Years Ended December 31, 2008 and 2006
With Comparative Figures For 2007
(Expressed in millions of Rupiah,
unless otherwise stated)
PT BANK BUKOPIN TBK.
DAN ANAK-ANAK PERUSAHAAN
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN
Tahun yang Berakhir pada Tanggal-tanggal
31 Desember 2008 dan 2006
Dengan Angka Perbandingan Untuk 2007
(Disajikan dalam jutaan Rupiah,
kecuali dinyatakan lain)
2.
KEBIJAKAN AKUNTANSI (lanjutan)
k.
l.
2.
Pembiayaan/Piutang Syariah (lanjutan)
ACCOUNTING POLICIES (continued)
k. Sharia Financing/Receivables (continued)
Pembiayaan
mudharabah
merupakan
pembiayaan kerjasama antara Bank sebagai
pemilik dana dengan nasabah sebagai
pelaksana usaha. Pembagian hasil keuntungan
dari proyek atau usaha tersebut dilakukan
sesuai dengan nisbah (pre-determined ratio)
yang telah disepakati bersama. Pembiayaan
mudharabah
dinyatakan
sebesar
saldo
pembiayaan
dikurangi
dengan
saldo
penyisihan kerugian.
Mudharabah
financing
represents
joint
financing between the Bank as a fund owner
and customer as a business executor. Revenue
sharing on the project or business is conducted
in accordance with the agreed nisbah (predetermined ratio). Mudharabah financing are
stated at their outstanding balance net of
allowance for losses.
Piutang murabahah merupakan akad jual beli
antara nasabah dan Bank. Bank membiayai
kebutuhan investasi nasabah yang dinilai
dengan harga pokok ditambah dengan
keuntungan
yang
disepakati
bersama.
Pembayaran atas piutang ini dilakukan dengan
cara mengangsur dalam jangka waktu yang
ditentukan. Piutang murabahah dinyatakan
sebesar saldo piutang dikurangi dengan
pendapatan marjin yang ditangguhkan dan
saldo penyisihan kerugian.
Murabahah receivables represent sale and
purchase agreements between the borrowers
and the Bank. The borrowers investments are
funded by the Bank with add-on profit agreed
by both parties. The financing facilities are
repaid in installments over a certain period of
time. Murabahah receivables are stated at their
outstanding balance, net of deferred margin
and allowance for losses.
Pembiayaan
musyarakah
adalah
akad
kerjasama yang terjadi diantara para pemilik
modal
(mitra
musyarakah)
untuk
menggabungkan modal dan melakukan usaha
secara bersama dalam suatu kemitraan
dengan nisbah pembagian hasil atau kerugian
sesuai dengan kesepakatan atau secara
proposional sesuai kontribusi modal.
Musyarakah financing is an agreement
between the investors (musyarakah partner) to
have a joint-venture in a partnership) with profit
or loss sharing based on an agreement or
proportionate capital contribution.
Piutang Pembiayaan Konsumen
l.
Consumer Financing Receivables
Piutang pembiayaan konsumen anak-anak
perusahaan merupakan jumlah piutang setelah
dikurangi dengan pendapatan pembiayaan
konsumen yang belum diakui dan penyisihan
kerugian piutang.
Subsidiary consumer financing receivables are
presented net of unearned consumer financing
income and allowance for losses.
Pendapatan pembiayaan konsumen yang
belum diakui yang merupakan selisih antara
jumlah keseluruhan pembayaran angsuran
yang akan diterima dari konsumen dengan
jumlah pokok pembiayaan konsumen diakui
sebagai pendapatan sesuai dengan jangka
waktu
kontrak
pembiayaan
konsumen
berdasarkan tingkat pengembalian berkala
yang tetap dari piutang pembiayaan konsumen.
Unearned income on consumer financing,
which is the excess of the aggregate
installment payments to be received from the
consumer over the principal amount financing,
is recognized as income over the term of the
respective agreement at a constant periodic
rate of return on the net consumer financing
receivables.
29
The original consolidated financial statements included herein are in
the Indonesian language.
PT BANK BUKOPIN TBK.
AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS
Years Ended December 31, 2008 and 2006
With Comparative Figures For 2007
(Expressed in millions of Rupiah,
unless otherwise stated)
PT BANK BUKOPIN TBK.
DAN ANAK-ANAK PERUSAHAAN
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN
Tahun yang Berakhir pada Tanggal-tanggal
31 Desember 2008 dan 2006
Dengan Angka Perbandingan Untuk 2007
(Disajikan dalam jutaan Rupiah,
kecuali dinyatakan lain)
2.
KEBIJAKAN AKUNTANSI (lanjutan)
l.
2.
Piutang Pembiayaan Konsumen (lanjutan)
l.
Consumer
(continued)
Financing
Receivables
Pendapatan pembiayaan konsumen disajikan
bersih setelah dikurangi dengan bagian yang
merupakan hak bank-bank dalam rangka
transaksi tersebut.
The consumer financing income is presented
net of amounts of the banks rights on such
income relating to the transaction.
Selisih bersih antara pendapatan administrasi
yang diperoleh dari konsumen pada saat
pertama kali perjanjian pembiayaan konsumen
ditandatangani dan beban-beban yang timbul
pertama kali yang terkait langsung dengan
tagihan pembiayaan konsumen ditangguhkan
dan diakui sebagai penyesuaian atas imbal
hasil pembiayaan konsumen selama jangka
waktu pembiayaan konsumen dan disajikan
sebagai bagian dari Pendapatan Pembiayaan
Konsumen - Bersih di dalam Pendapatan
Bunga pada laporan laba rugi konsolidasian
tahun berjalan.
The net difference between the administration
income earned from the consumer at the first
time the financing agreement is signed and
initial incremental costs directly related to
consumer financing facility is deferred and
recognized as an adjustment to the yield
received through out the consumer financing
period and presented as a part of Net
Consumer Financing Revenue under Interest
Revenue in the consolidated statement of
income for the current year.
m. Tagihan dan Kewajiban Akseptasi
n.
ACCOUNTING POLICIES (continued)
m. Acceptance Receivables and Payables
Tagihan dan kewajiban akseptasi dinyatakan
sebesar nilai nominal Letters of Credit (L/C)
atau nilai realisasi L/C yang di aksep oleh bank
pengaksep (accepting bank).
Acceptance receivables and payables are
stated at nominal amount of the Letters of
Credit (L/C) or at the realizable value of the L/C
that has been accepted by the accepting bank.
Penyisihan
kerugian
disajikan
sebagai
pengurang dari akun tagihan akseptasi.
Acceptance receivables are presented net of
allowance for losses.
Penyisihan Kerugian Aktiva Produktif dan
Non-Produktif dan Estimasi atas Kerugian
Komitmen dan Kontinjensi
n.
Aktiva produktif terdiri dari giro pada bank lain,
penempatan pada BI dan bank lain, surat-surat
berharga, surat-surat berharga yang dibeli
dengan janji dijuaI kembali, tagihan derivatif,
kredit yang diberikan, tagihan akseptasi,
penyertaan serta komitmen dan kontinjensi
yang mempunyai risiko kredit.
Allowance for Losses on Earning and NonEarning Assets and Estimated Losses on
Commitments and Contingencies
Earning assets include current accounts with
other banks, placements with BI and other
banks, marketable securities, securities
purchased under resale agreements, derivative
receivables, loans, acceptance receivables,
investments
and
commitments
and
contingencies which carry credit risk.
30
The original consolidated financial statements included herein are in
the Indonesian language.
PT BANK BUKOPIN TBK.
AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS
Years Ended December 31, 2008 and 2006
With Comparative Figures For 2007
(Expressed in millions of Rupiah,
unless otherwise stated)
PT BANK BUKOPIN TBK.
DAN ANAK-ANAK PERUSAHAAN
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN
Tahun yang Berakhir pada Tanggal-tanggal
31 Desember 2008 dan 2006
Dengan Angka Perbandingan Untuk 2007
(Disajikan dalam jutaan Rupiah,
kecuali dinyatakan lain)
2.
KEBIJAKAN AKUNTANSI (lanjutan)
n.
2.
Penyisihan Kerugian Aktiva Produktif dan
Non-Produktif dan Estimasi atas Kerugian
Komitmen dan Kontinjensi (lanjutan)
n.
Penyisihan kerugian atas aktiva produktif
ditentukan berdasarkan kriteria BI sesuai
dengan Peraturan BI No. 7/2/PBI/2005 tanggal
20 Januari 2005 tentang Penilaian Kualitas
Aktiva Bank Umum yang diubah dengan
Peraturan
BI
No. 8/2/PBI2006
tanggal
30 Januari
2006
dan
Peraturan
BI
No. 9/6/PBI/2007 tanggal 30 Maret 2007 yang
mengklasifikasikan aktiva produktif menjadi
lima kategori dangan persentase penyisihan
kerugian sebagai berikut:
Klasifikasi
ACCOUNTING POLICIES (continued)
Allowance for Losses on Earning and NonEarning Assets and Estimated Losses on
Commitments
and
Contingencies
(continued)
The allowance for losses on earning assets
have been determined using BI criteria in
accordance
with
BI
Regulation
No. 7/2/PBI/2005 dated January 20, 2005 on
Asset Quality Ratings for Commercial Bank’s
which was amended by BI Regulation
No. 8/2/PBI/2006 dated January 30, 2006 and
BI Regulation No. 9/6/PBI/2007 dated March
30, 2007 that classifying earning assets into
five categories with the percentage of
allowance for losses as follows:
Persentase minimum penyisihan kerugian/
Minimum percentage of allowance for losses
Lancar
Dalam perhatian khusus
Kurang lancar
Diragukan
Macet
1%
5%
15%
50%
100%
Classification
Current
Special mention
Sub-standard
Doubtful
Loss
Persentase di atas berlaku untuk aktiva
produktif dan komitmen dan kontinjensi,
dikurangi nilai agunan, kecuali untuk aktiva
produktif dan komitmen dan kontinjensi yang
dikategorikan
sebagai
lancar,
dimana
persentasenya berlaku Iangsung atas saldo
aktiva produktif dan komitmen dan kontinjensi
yang bersangkutan. Untuk aktiva produktif
yang digolongkan lancar, dan dijamin dengan
agunan tunai berupa giro, deposito, tabungan
setoran jaminan, emas, SBI atau Surat Utang
Negara (Obligasi Pemerintah dan Obligasi
Rekapitalisasi
Pemerintah),
jaminan
Pemerintah
sesuai
dengan
peraturan
perundang-undangan yang berlaku, standby
L/C dari prime bank, yang diterbitkan sesuai
dengan Uniform Customs and Practice for
Documentary Credit (UCP) atau International
Standard Practices (ISP) yang berlaku,
persentase di atas berlaku atas saldo aktiva
produktif setelah dikurangi agunan.
The above percentages are applied to earning
assets and commitments and contingencies,
less the collateral value except for earning
assets and commitments and contingencies
categorized as current, where the rates are
applied directly to the outstanding balance of
earning assets and commitments and
contingencies. For earning assets classified as
current and guaranteed with cash collateral
such as demand deposits, time deposits,
saving deposits, securities deposits, gold, BI
certificates
or
Government
debentures
(Government Bonds and Recapitalization
Bonds), guarantees of the Government in
accordance with laws and regulations, and
standby L/C from prime banks and those
issued in accordance with the Uniform
Customers and Practice for Documentary
Credit (UCP) or International Standards
Practices (ISP), the above percentage is
applied to earning assets balance less
collateral value.
Aktiva produktif dengan klasifikasi lancar dan
dalam perhatian khusus, sesuai dengan
peraturan BI, digolongkan sebagai aktiva
produktif tidak bermasalah. Sedangkan untuk
aktiva produktif dengan kolektibilitas kurang
lancar, diragukan, dan macet digolongkan
sebagai aktiva produktif bermasalah.
Earning assets classified as current and special
mention, in accordance with BI regulations, are
considered performing. Non-performing earning
assets consist of assets classified as substandard, doubtful, and loss.
31
The original consolidated financial statements included herein are in
the Indonesian language.
PT BANK BUKOPIN TBK.
AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS
Years Ended December 31, 2008 and 2006
With Comparative Figures For 2007
(Expressed in millions of Rupiah,
unless otherwise stated)
PT BANK BUKOPIN TBK.
DAN ANAK-ANAK PERUSAHAAN
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN
Tahun yang Berakhir pada Tanggal-tanggal
31 Desember 2008 dan 2006
Dengan Angka Perbandingan Untuk 2007
(Disajikan dalam jutaan Rupiah,
kecuali dinyatakan lain)
2.
KEBIJAKAN AKUNTANSI (lanjutan)
n.
2.
Penyisihan Kerugian Aktiva Produktif dan
Non-Produktif dan Estimasi atas Kerugian
Komitmen dan Kontinjensi (lanjutan)
Penyisihan kerugian kredit
penyisihan khusus dan umum.
terdiri
ACCOUNTING POLICIES (continued)
n.
Allowance for Losses on Earning and NonEarning Assets and Estimated Losses on
Commitments
and
Contingencies
(continued)
dari
The allowance for loan losses consists of
specific and general provisions.
Penyisihan khusus terhadap kredit bemasalah
dihitung berdasarkan kemampuan debitur
dalam membayar kewajiban dan kecukupan
jaminan.
Specific provisions for non-performing loans
are calculated based on the borrowers debt
servicing capacity and adequacy of collateral.
Penyisihan khusus dibuat jika kemampuan
membayar diidentifikasikan kurang baik dan
menurut pertimbangan Direksi, estimasi
kemampuan membayar peminjam berada di
bawah jumlah pokok dan bunga kredit yang
belum terbayar.
Specific provisions are made as soon as the
debt servicing of the loan is questionable and
the Directors consider that the estimated
recovery from the borrower is likely to fall short
of the amount of principal and interest
outstanding.
Penyisihan
umum
dimaksudkan
untuk
menyisihkan
kerugian
yang
belum
teridentifikasi namun diperkirakan mungkin
terjadi berdasarkan pengalaman masa lalu dan
keseluruhan portofolio kredit. Termasuk dalam
penyisihan umum adalah penyisihan 1%
seperti yang dikehendaki oleh peraturan BI
untuk aktiva produktif dengan klasifikasi lancar.
General provisions are maintained for losses
that are not yet identified but can reasonably be
expected to arise based on historical
experience, from the existing overall loon
portfolio. Included in the general provision is
the 1% provision required under BI regulations
for earning assets classified as current.
Penyisihan kerugian atas komitmen dan
kontinjensi disajikan sebagai kewajiban di
neraca konsolidasian.
Allowances for losses on commitments and
contingencies are presented in the liability
section of the consolidated balance sheet.
Penyisihan
kerugian
atas
penyertaan
sementara ditentukan berdasarkan kriteria
yang ditetapkan oleh BI sesuai dengan
Peraturan BI No. 5/10/PBI/2003 tanggal
11 Juni 2003 tentang Prinsip Kehati-hatian
dalam Kegiatan Penyertaan Modal yang
dipertegas
dengan
Peraturan
BI
No. 7/2/PBI/2005 tanggal 20 Januari 2005 yang
kemudian diubah dengan Peraturan BI
No. 8/2/PBI/2006 tanggal 30 Januari 2005 yang
mengklasifikasikan penyertaan sementara
dalam rangka debt to equity swaps dan
penyertaan sementara dari jenis transaksitransaksi tertentu yang berakibat dimiliki atau
akan dimilikinya saham perusahaan debitur,
menjadi empat kategori dengan persentase
penyisihan kerugian sebagai berikut:
The allowance for losses on temporary
investments has been determined using BI
criteria in accordance with BI Regulation
No. 5/10/PBI/2003 dated June 11, 2003 on
Prudential Principles in Investment Activities
which was reinforced by BI Regulation No.
7/2/PBI/2005 dated January 20, 2005 and
further amended by BI Regulation No.
8/2PBI/2006 dated January 30, 2006 that
classifies temporary in investment from debt to
equity swaps and temporary investments from
certain types of transactions that resulted in or
will result in the ownership in debtor’s
company, into four categories with the
percentage of allowance for losses as follows:
32
The original consolidated financial statements included herein are in
the Indonesian language.
PT BANK BUKOPIN TBK.
AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS
Years Ended December 31, 2008 and 2006
With Comparative Figures For 2007
(Expressed in millions of Rupiah,
unless otherwise stated)
PT BANK BUKOPIN TBK.
DAN ANAK-ANAK PERUSAHAAN
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN
Tahun yang Berakhir pada Tanggal-tanggal
31 Desember 2008 dan 2006
Dengan Angka Perbandingan Untuk 2007
(Disajikan dalam jutaan Rupiah,
kecuali dinyatakan lain)
2.
KEBIJAKAN AKUNTANSI (lanjutan)
n.
2.
Penyisihan Kerugian Aktiva Produktif dan
Non-Produktif dan Estimasi atas Kerugian
Komitmen dan Kontinjensi (lanjutan)
Klasifikasi
Lancar
Kurang lancar
Diragukan
Macet
ACCOUNTING POLICIES (continued)
n.
Allowance for Losses on Earning and NonEarning Assets and Estimated Losses on
Commitments
and
Contingencies
(continued)
Batas waktu sejak pengambilalihan/
Period since acquisition
Kurang dari 1 tahun/Less than 1 year
1 - 4 tahun/years
4 - 5 tahun/years
Apabila penyertaan modal sementara belum ditarik
kembali setelah 5 tahun meskipun debitur telah
mencatat laba kumulatif pada saat itu/
If the temporary investment has not been liquidated
after 5 years irrespective that the investee has
already posted an accumulated profit at that time
Classification
Current
Sub-standard
Doubtful
Loss
Sejak 20 Januari 2006, sesuai dengan
Peraturan BI No 8/2/PBI/2006 tanggal
30 Januari 2006, bank-bank juga wajib
melakukan pembentukan penyisihan kerugian
khusus terhadap aktiva non-produktif seperti
agunan yang diambil alih, properti terbengkalai,
rekening antar kantor, dan suspense account.
Starting from January 20, 2006, in accordance
with BI Regulation No. 8/2/PBI/2006 dated
January 30, 2006, banks are also required to
make a special allowance for losses on nonearning assets, such as foreclosed assets,
abandoned properties, inter-branch accounts,
and suspense accounts.
Dalam peraturan tersebut, klasifikasi agunan
yang diambil alih dan properti terbengkalai
ditetapkan sebagai berikut:
This regulation classifies foreclosed assets and
abandoned properties into the following
classification:
Batas waktu/
Period
Klasifikasi
Lancar
Kurang lancar
Diragukan
Macet
Sampai dengan 1 tahun/Up to 1 year
Lebih dari 1 tahun sampai dengan 3 tahun/
More than 1 year up to 3 years
Lebih dari 3 tahun sampai dengan 5 tahun/
More than 3 years up to 5 years
Lebih dari 5 tahun/More than 5 years
Klasifikasi untuk rekening antar kantor dan
suspense account ditetapkan sebagai berikut:
Klasifikasi
Lancar
Macet
Classification
Current
Sub-standard
Doubtful
Loss
The classification for inter-branch accounts and
suspense accounts are as follows:
Batas waktu/
Period
Sampai dengan 180 hari/Up to 180 days
Lebih dari 180 hari/More than 180 days
33
Classification
Current
Loss
The original consolidated financial statements included herein are in
the Indonesian language.
PT BANK BUKOPIN TBK.
AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS
Years Ended December 31, 2008 and 2006
With Comparative Figures For 2007
(Expressed in millions of Rupiah,
unless otherwise stated)
PT BANK BUKOPIN TBK.
DAN ANAK-ANAK PERUSAHAAN
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN
Tahun yang Berakhir pada Tanggal-tanggal
31 Desember 2008 dan 2006
Dengan Angka Perbandingan Untuk 2007
(Disajikan dalam jutaan Rupiah,
kecuali dinyatakan lain)
2.
KEBIJAKAN AKUNTANSI (lanjutan)
o.
p.
2.
Penyertaan Saham
ACCOUNTING POLICIES (continued)
o. Investments in Shares
Penyertaan pada Perusahaan Asosiasi
Investments in Associated Companies
Penyertaan dengan kepemilikan 20% sampai
dengan 50% tanpa adanya pengaruh
signifikan, baik dimiliki secara langsung
maupun tidak langsung dinyatakan sebesar
biaya perolehan, ditambah atau dikurangi
dengan bagian laba atau rugi perusahaan
asosiasi sejak perolehan sebesar persentase
pemilikan, dikurangi dengan dividen yang
diterima (metode ekuitas). Bila terjadi
penurunan nilai yang bersifat permanen, maka
nilai tercatatnya dikurangi untuk mengakui
penurunan tersebut yang ditentukan untuk
setiap
investasi
secara
individu
dan
kerugiannya dibebankan pada laba rugi
konsolidasian tahun berjalan.
Investments in shares of stock with ownership
interest of 20% to 50% with no significant
influence, directly or indirectly owned, are
accounted for using the equity method whereby
the Bank’s proportionate share in the net
income or loss of the associated company after
the date of acquisition is added to or deducted
from, and dividends subsequently received are
deducted from, the acquisition cost of the
investments. The carrying amount of the
investments is written down to recognize any
permanent decline in value of the individual
investments. Any such write down is charged
directly to current year consolidated statement
of income.
Penyertaan Lainnya
Other Investments
Penyertaan dalam bentuk saham dengan
pemilikan kurang dari 20% yang nilai wajarnya
tidak tersedia dan dimaksudkan untuk
penyertaan jangka panjang dinyatakan sebesar
biaya perolehan (metode biaya). Bila terjadi
penurunan nilai yang bersifat permanen, nilai
tercatatnya
dikurangi
untuk
mengakui
penurunan tersebut yang ditentukan untuk
setiap
investasi
secara
individu
dan
kerugiannya dibebankan pada laporan laba rugi
konsolidasian tahun berjalan.
Investments in shares of stock with ownership
interest of less than 20% that do not have
readily determinable fair values and are
intended for long- term investments are stated
at cost (cost method). The carrying amount of
the investments is written down to recognize a
permanent decline in value of the individual
investments. Any such write down is charged
directly to current year consolidated statement
of income.
Penyertaan lainnya diakui sebesar biaya
perolehan dikurangi penyisihan kerugian
aktiva.
All other investments are carried at cost
reduced by an allowance for losses.
Aset tetap
p. Fixed assets
Efektif tanggal 1 Januari 2008, Bank
menerapkan PSAK No. 16 (Revisi 2007), “Aset
Tetap”, yang menggantikan PSAK No. 16
(1994), “Aset Tetap dan Aktiva Lain-lain” dan
PSAK No. 17 (1994), “Akuntansi Penyusutan”,
dimana Bank telah memilih model biaya.
Penerapan PSAK revisi ini tidak menimbulkan
dampak yang signifikan terhadap laporan
keuangan Bank.
Effective January 1, 2008, the Bank applied
PSAK No. 16 (Revised 2007), “Fixed Assets”,
which supersedes PSAK No. 16 (1994), ”Fixed
Assets and Others Assets” and PSAK No. 17
(1994), “Accounting for Depreciation”, whereby
the Bank has chosen the cost model. The
adoption of this revised PSAK did not have
significant effect in the Bank’s financial
statements.
34
The original consolidated financial statements included herein are in
the Indonesian language.
PT BANK BUKOPIN TBK.
AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS
Years Ended December 31, 2008 and 2006
With Comparative Figures For 2007
(Expressed in millions of Rupiah,
unless otherwise stated)
PT BANK BUKOPIN TBK.
DAN ANAK-ANAK PERUSAHAAN
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN
Tahun yang Berakhir pada Tanggal-tanggal
31 Desember 2008 dan 2006
Dengan Angka Perbandingan Untuk 2007
(Disajikan dalam jutaan Rupiah,
kecuali dinyatakan lain)
2.
KEBIJAKAN AKUNTANSI (lanjutan)
p.
2.
Aset tetap (lanjutan)
ACCOUNTING POLICIES (continued)
p. Fixed assets (continued)
Aset tetap, kecuali tanah yang tidak
disusutkan, dinyatakan berdasarkan biaya
perolehan dikurangi akumulasi penyusutan.
Penyusutan dihitung dengan menggunakan
metode garis lurus (straight-line) berdasarkan
taksiran masa manfaat ekonomis aset tetap
sebagai berikut:
Bangunan
Prasarana bangunan
Perabot dan peralatan kantor
Kendaraan bermotor
Fixed assets, except land, are stated at cost
less accumulated depreciation. Depreciation is
computed using the straight-line method based
on the estimated useful lives of the assets as
follows:
Tahun/Years
20
4
4
4-8
Buildings
Building improvements
Furniture, fixtures, and office equipment
Motor vehicles
Biaya pemeliharaan dan perbaikan dibebankan
pada laporan laba rugi konsolidasian pada saat
terjadinya, pemugaran dan penambahan dalam
jumlah
signifikan
dikapitalisasi
apabila
kemungkinan besar Bank akan mendapatkan
manfaat ekonomi masa depan dari aktiva
tersebut yang melebihi standar kinerja yang
diperkirakan sebelumnya. Biaya perolehan dan
akumulasi penyusutan aset tetap yang sudah
tidak digunakan lagi atau dijual dikeluarkan dari
kelompok aset tetap yang bersangkutan dan
laba atau rugi yang terjadi dilaporkan dalam
laporan laba rugi konsolidasian tahun yang
berjalan.
The cost of repairs and maintenance is charged
to operations as incurred, significant renewals
and betterments are capitalized when it is
probable that future economic benefits in
excess of the originally assessed standard of
performance of the existing assets will flow to
the Bank. When assets are retired or otherwise
disposed of; their costs and the related
accumulated depreciation are removed from
the accounts and any resulting gain or loss is
reflected in current year consolidated statement
of income.
Biaya-biaya tertentu sehubungan dengan
perolehan atau perpanjangan hak kepemilikan
tanah
ditangguhkan
dan
diamortisasi
sepanjang umur hak atas tanah.
Certain expenses incurred in the acquisition or
extension of landrights are deferred and
amortized over the terms of the landrights.
Bank melakukan penelaahan pada akhir tahun
untuk menentukan adanya indikasi terjadinya
penurunan nilai aktiva. Bank menghitung
taksiran jumlah yang dapat diperoleh kembali
atas nilai semua aktiva yang dimiliki apabila
terdapat
situasi
atau
keadaan
yang
memberikan indikasi terjadinya penurunan nilai
aktiva dan mengakuinya sebagai rugi dalam
laporan laba rugi konsolidasian tahun berjalan.
The Bank conducts a review at the end of the
year to determine whether there are indications
of asset impairment. The Bank calculates the
estimated recoverable amount of all its assets
and determines if there is a decrease in the
value of the assets and recognizes an
impairment loss on such assets to current year
consolidated statement of income.
35
The original consolidated financial statements included herein are in
the Indonesian language.
PT BANK BUKOPIN TBK.
AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS
Years Ended December 31, 2008 and 2006
With Comparative Figures For 2007
(Expressed in millions of Rupiah,
unless otherwise stated)
PT BANK BUKOPIN TBK.
DAN ANAK-ANAK PERUSAHAAN
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN
Tahun yang Berakhir pada Tanggal-tanggal
31 Desember 2008 dan 2006
Dengan Angka Perbandingan Untuk 2007
(Disajikan dalam jutaan Rupiah,
kecuali dinyatakan lain)
2.
KEBIJAKAN AKUNTANSI (lanjutan)
p.
q.
r.
2.
Aset Tetap (lanjutan)
ACCOUNTING POLICIES (continued)
p. Fixed Assets (continued)
Bila nilai tercatat suatu aktiva melebihi taksiran
jumlah yang dapat diperoleh kembali (estimated
recoverable amount) maka nilai tercatat tersebut
diturunkan ke jumlah yang dapat diperoleh
kembali tersebut, yang ditentukan sebagai nilai
tertinggi antara harga jual bersih dan nilai pakai.
When the carrying amount of an asset exceeds
its estimated recoverable amount, the asset is
written down to its estimated recoverable
amount, which is determined as the higher of net
selling price or value in use.
Penurunan nilai aktiva, jika ada, diakui sebagai
kerugian pada laba rugi tahun berjalan.
Impairment in asset value, if any, is recognized
as loss in the current year’s statement of
income.
Aktiva Lain-lain
q. Other Assets
Aktiva lain-lain antara lain terdiri dari uang
muka, biaya dibayar dimuka, bunga masih
akan diterima, properti terbengkalai, agunan
yang diambil alih, dan lain-lain.
Other assets consists of advance payments,
prepaid
expenses,
interest
receivables,
abandoned properties, foreclosed assets, and
others.
Agunan yang diambiI alih diakui sebesar nilai
realisasi bersih. Nilai realisasi bersih adalah
nilai wajar agunan yang diambil alih dikurangi
dengan estimasi biaya untuk menjual agunan
tersebut. Selisih lebih saldo kredit di atas nilai
realisasi bersih dan agunan yang diambil alih
dibebankan ke dalam akun penyisihan
kerugian.
Foreclosed assets are stated at net realizable
value. Net realizable value is the fair value of
the foreclosed assets less estimated costs of
liquidating the assets. The excess of loan
receivable over the net realizable value of the
foreclosed assets is charged to the allowance
for losses.
Selisih antara nilai agunan yang diambil alih
dan hasil penjualannya diakui sebagai
keuntungan atau kerugian pada saat penjualan.
The difference between the value of the
foreclosed assets and the proceed from the
sale of such property is recorded as a gain or
loss in the year the property is sold.
Beban-beban
yang
berkaitan
dengan
pemeliharaan agunan yang diambil alih
dibebankan
pada
laporan
laba
rugi
konsolidasian pada saat terjadinya.
Expenses for maintaining foreclosed assets are
charged in the consolidated statement of
income as incurred.
Bila terjadi penurunan nilai yang bersifat
permanen, maka nilai tercatatnya dikurangi
untuk mengakui penurunan tersebut dan
kerugiannya dibebankan pada laba rugi tahun
berjalan.
The carrying amount of the foreclosed assets is
written down to recognize a permanent decline
in value of the foreclosed assets. Any such
since down is charged to current earnings.
Kewajiban Segera
r.
Kewajiban segera merupakan kewajiban Bank
yang harus segera dibayarkan kepada pihak
lain berdasarkan kontrak atau perintah dari
pihak yang mempunyai kewenangan untuk itu.
Kewajiban segera dinyatakan sebesar nilai
kewajiban Bank.
Liabilities Immediately Payable
Liabilities immediately payable represent
obligations to third parties based on contract or
order by those having authority that have to be
settled immediately or predetermined in
advance. These are stated at the amount
payable by the Bank.
36
The original consolidated financial statements included herein are in
the Indonesian language.
PT BANK BUKOPIN TBK.
AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS
Years Ended December 31, 2008 and 2006
With Comparative Figures For 2007
(Expressed in millions of Rupiah,
unless otherwise stated)
PT BANK BUKOPIN TBK.
DAN ANAK-ANAK PERUSAHAAN
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN
Tahun yang Berakhir pada Tanggal-tanggal
31 Desember 2008 dan 2006
Dengan Angka Perbandingan Untuk 2007
(Disajikan dalam jutaan Rupiah,
kecuali dinyatakan lain)
2.
KEBIJAKAN AKUNTANSI (lanjutan)
s.
Simpanan Nasabah
Giro dinyatakan sebesar
kepada pemegang giro.
t.
u.
2.
ACCOUNTING POLICIES (continued)
s. Deposits from Customers
nilai
kewajiban
Demand deposits are stated at the amount due
to the demand deposit account holders.
Tabungan dinyatakan sebesar nilai kewajiban
kepada pemilik tabungan.
Savings deposits are stated at the amount due
to the savings account holders.
Deposito berjangka dinyatakan sebesar nilai
nominal sesuai dengan perjanjian antara
pemegang deposito berjangka dengan Bank.
Time deposits are stated at the nominal amount
set forth in the agreements between the Bank
and holders of time deposits.
Simpanan Syariah
t.
Sharia Deposits
Simpanan Syariah terdiri dari giro wadiah
tabungan wadiah, dan deposito berjangka
mudharabah.
Sharia deposits consist of wadiah demand
deposits, wadiah savings deposits, and
mudharabah time deposits.
Giro wadiah merupakan titipan dana pihak
ketiga yang mendapatkan bonus berdasarkan
kebijakan Bank. Giro wadiah dinyatakan
sebesar titipan pemegang giro di Bank.
Wadiah demand deposits represent entrusted
third party funds which earn bonus based on
the Bank’s policy. Wadiah demand deposits are
stated at the amounts due to the depositors.
Tabungan wadiah merupakan simpanan pihak
lain yang mendapatkan bonus berdasarkan
kebijakan Bank. Tabungan wadiah dinyatakan
sebesar nilai investasi pemegang tabungan di
Bank.
Wadiah savings deposits represent third party
funds which earn bonus based on the Bank’s
policy. Wadiah savings deposits are stated at
the amounts due to the depositors.
Deposito berjangka mudharabah merupakan
simpanan pihak lain yang hanya dapat ditarik
pada waktu tertentu sesuai dengan perjanjian
antara pemegang deposito dengan Bank.
Deposito berjangka mudharabah dinyatakan
sebesar nilai nominal.
Mudharabah time deposits represent deposits
from third parties which earn revenue sharing
and can be withdrawn only at specified dates
based on the agreement with the depositor.
Mudharabah time deposits are stated at
nominal amounts.
Simpanan dari Bank Lain
u. Deposits from Other Banks
Simpanan dari bank lain terdiri dari kewajiban
terhadap bank Iain, baik dalam maupun luar
negeri, dalam bentuk giro, inter-bank call
money yang jatuh tempo menurut perjanjian
tidak lebih dari 90 hari, deposito berjangka, dan
sertifikat deposito. Semuanya dinyatakan
sesuai jumlah kewajiban terhadap bank lain.
Deposits from other banks represent liabilities
to domestic and overseas banks, in the form of
demand deposits, inter-bank call money with
original maturities of 90 days or less, time
deposits, and certificates of deposit. These are
stated at the amount due to the other banks.
Simpanan dari bank lain termasuk simpanan
Syariah dalam bentuk giro wadiah dan
investasi tidak terikat yang terdiri dari deposito
berjangka mudharabah.
Deposits from other banks include Sharia
deposits in the form of wadiah demand deposits
and unrestricted investments which comprised
mudharabah time deposits.
37
The original consolidated financial statements included herein are in
the Indonesian language.
PT BANK BUKOPIN TBK.
AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS
Years Ended December 31, 2008 and 2006
With Comparative Figures For 2007
(Expressed in millions of Rupiah,
unless otherwise stated)
PT BANK BUKOPIN TBK.
DAN ANAK-ANAK PERUSAHAAN
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN
Tahun yang Berakhir pada Tanggal-tanggal
31 Desember 2008 dan 2006
Dengan Angka Perbandingan Untuk 2007
(Disajikan dalam jutaan Rupiah,
kecuali dinyatakan lain)
2.
KEBIJAKAN AKUNTANSI (lanjutan)
v.
2.
Surat-surat Berharga yang Diterbitkan
ACCOUNTING POLICIES (continued)
v. Marketable Securities Issued
Surat-surat
berharga
yang
diterbitkan
merupakan kewajiban Bank dalam bentuk
obligasi yang diperdagangkan di pasar modal.
Obligasi dinyatakan sebesar nilai nominal.
Beban emisi obligasi dibebankan seluruhnya
dalam laporan laba rugi konsolidasian tahun
berjalan. Perolehan kembali obligasi yang tidak
dimaksudkan sebagai pelunasan diperlakukan
seolah-olah telah terjadi pelunasan dalam
laporan keuangan konsolidasian. Selisih antara
nilai nominal obligasi dengan nilai wajar pada
tanggal pembelian kembali dibebankan pada
laporan laba rugi konsolidasian tahun berjalan.
Marketable
securities
issued
represent
obligations of the Bank in the form of bonds
which are traded in the capital or money
markets. Bonds issued by the Bank are stated
at their nominal amounts. Expenses incurred in
the issuance (public offering) of the bonds are
charged
to
current year consolidated
statements of income. Buy-back of bonds
which are not intended as redemption is
recognized and reported in the consolidated
financial statements as a deduction from total
bonds issued, as if the bond settlement had
taken place. The difference between the
nominal value of the bonds and its fair value is
charged
to
current year consolidated
statements of income.
w. Pendapatan dan Beban Bunga
w. Interest Incomes and Expenses
Pendapatan dan beban bunga diakui secara
akrual, kecuali pendapatan bunga atas kredit
yang diberikan dan aktiva produktif lainnya
yang diklasifikasi sebagai non-performing.
Pendapatan bunga tersebut diakui pada saat
pendapatan tersebut diterima. Pendapatan
bunga yang diakui tetapi belum tertagih harus
dibatalkan pada saat kredit diklasifikasikan
non-performing. Pendapatan bunga atas aktiva
non-performing yang belum diterima dilaporkan
sebagai tagihan kontinjensi dalam rekening
administratif dan diakui sebagai pendapatan
pada saat diterima tunai.
Interest incomes and expenses are recognized
on an accrual basis, except for interest income
on loans and other earning assets classified as
non-performing. These interest incomes are
recognized only when such interests are
actually received. Interest income recognized
or recorded but not yet received are cancelled
when the loans are classified as nonperforming. Such interest incomes from nonperforming loans are recorded as contingent
receivables in the administrative accounts and
are recognized as income when collection of
the cash is received.
Kredit yang diberikan dan aktiva produktif
lainnya (tidak termasuk surat-surat berharga)
diklasifikasikan sebagai non-performing jika
telah masuk dalam klasifikasi kurang lancar,
diragukan dan macet. Sedangkan, surat-surat
berharga
diklasifikasikan
sebagai
nonperforming jika penerbit efek tidak dapat
memenuhi pembayaran bunga dan/atau pokok
atau memliki peringkat paling kurang 1 (satu)
tingkat di bawah peringkat investasi.
Loans and other earning assets (excluding
securities ) are considered as non-performing
when they are classified as sub-standard,
doubtful, or loss. Securities are categorized as
non-performing when the issuer of securities
defaults on its interest and/or principal
payments or if ther are rated no lower than 1
(one) below investment grade.
38
The original consolidated financial statements included herein are in
the Indonesian language.
PT BANK BUKOPIN TBK.
AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS
Years Ended December 31, 2008 and 2006
With Comparative Figures For 2007
(Expressed in millions of Rupiah,
unless otherwise stated)
PT BANK BUKOPIN TBK.
DAN ANAK-ANAK PERUSAHAAN
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN
Tahun yang Berakhir pada Tanggal-tanggal
31 Desember 2008 dan 2006
Dengan Angka Perbandingan Untuk 2007
(Disajikan dalam jutaan Rupiah,
kecuali dinyatakan lain)
2.
KEBIJAKAN AKUNTANSI (lanjutan)
2.
w. Pendapatan dan Beban Bunga (lanjutan)
ACCOUNTING POLICIES (continued)
w. Interest Incomes and Expenses (continued)
Seluruh penerimaan yang berhubungan
dengan kredit diragukan dan macet diakui
terlebih dahulu sebagai pengurang pokok
kredit. Kelebihan penerimaan dari pokok kredit
diakui sebagai pendapatan bunga.
Cash payments of debtors pertaining to loans
classified as doubtful and loss are applied
against loan principal balances, any excess is
recognized as interest payment on the said
loans.
Tunggakan bunga yang dikapitalisasi menjadi
pokok tagihan dalam perjanjian kredit yang
baru dalam rangka restrukturisasi dicatat
sebagai pendapatan bunga yang ditangguhkan
(deferred interest income) dan akan diakui
sebagai pendapatan dengan cara amortisasi
secara proporsional berdasarkan nilai bunga
yang dikapitalisasi terhadap pokok kredit baru
pada saat pembayaran kredit diterima.
Deferred interest that is capitalized to
receivables
under
new
restructuring
agreements is recorded as deferred interest
income and is amortized proportionately based
in the amount of capitalized interest relative to
the loan principal upon loan repayment.
Berdasarkan PBI No. 7/2/PBI/2005, yang mulai
berlaku efektif sejak 20 Januari 2005, sebelum
kualitas kredit yang direstrukturisasi menjadi
lancar, pendapatan bunga dari kredit yang
direstrukturisasi tersebut diakui apabila telah
diterima secara tunai. Bank menerapkan
perubahan kebijakan pengakuan pendapatan
bunga untuk kredit yang direstrukturisasi
secara prospektif menurut PBI No. 7/2/2005.
Based on PBI No. 7/2/2005, which became
effective on January 20, 2005 before a
restructured loan is classified as current, its
interest income loan is recognized when
received in cash. Bank applied the change in
accounting policy for interest revenue
recognition on restructured loans prospectively
based on PBI No. 7/2/2005.
Pendapatan dan beban bunga termasuk
pendapatan dan beban Syariah. Pendapatan
Syariah terdiri dari bagi hasil (atas pendapatan
atau laba rugi) murabahah, mudharabah, dan
musyarakah. Pendapatan dari transaksi
murabahah diakui dengan menggunakan
metode akrual. Pendapatan dari transaksi bagi
hasil dari pembiayaan mudharabah dan
musyarakah diakui pada saat angsuran
diterima secara tunai. Beban Syariah terdiri
dari beban bagi hasil mudharabah dan beban
bonus wadiah.
Interest incomes and expenses include Sharia
incomes and expenses. Sharia income is
earned from murabahah, mudharabah and
musyarakah financing revenue or income
sharing. Income from murabahah is recognized
using the accrual basis, while income from
mudharabah and musyarakah is recognized
when cash is received as a payment of an
installment. Sharia expense consists of
expenses from mudharabah income sharing
and wadiah bonuses.
39
The original consolidated financial statements included herein are in
the Indonesian language.
PT BANK BUKOPIN TBK.
AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS
Years Ended December 31, 2008 and 2006
With Comparative Figures For 2007
(Expressed in millions of Rupiah,
unless otherwise stated)
PT BANK BUKOPIN TBK.
DAN ANAK-ANAK PERUSAHAAN
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN
Tahun yang Berakhir pada Tanggal-tanggal
31 Desember 2008 dan 2006
Dengan Angka Perbandingan Untuk 2007
(Disajikan dalam jutaan Rupiah,
kecuali dinyatakan lain)
2.
KEBIJAKAN AKUNTANSI (lanjutan)
x.
y.
2.
Pendapatan dan Beban Provisi dan Komisi
ACCOUNTING POLICIES (continued)
x. Fees and Commission Income and Expense
Penghasilan provisi dan komisi yang jumlahnya
signifikan yang berkaitan langsung dengan
kegiatan pemberian kredit, atau yang
berhubungan dengan jangka waktu tertentu
diamortisasi berdasarkan metode garis lurus
sesuai dengan jangka waktu kontrak. Untuk
kredit yang dilunasi sebelum jatuh temponya
saldo pendapatan provisi dan komisi yang
ditangguhkan diakui dalam laporan laba rugi
konsolidasian pada saat kredit dilunasi.
Significant fees and commissions income
directly related to lending activities, or relates to
a specific period are amortized using the
straight-line method over the term of the
underlying contract. Unamortized fees and
commissions income relating to loans settled
prior to maturity are recognized to consolidated
statements of income at the settlement date.
Provisi dan komisi yang tidak berkaitan dengan
kegiatan perkreditan dan pinjaman yang
diterima atau jangka waktu perkreditan dan
pinjaman yang diterima, atau jumlahnya tidak
material diakui sebagai pendapatan atau beban
pada saat terjadinya transaksi.
Commissions and fees not related to loan and
borrowing activities or loan and borrowing
periods or not material are recognized as
revenues and expenses at the time the
transactions are undertaken.
Perpajakan
y. Taxation
Pajak penghasilan tangguhan dihitung dengan
menggunakan metode kewajiban, terhadap
semua perbedaan temporer pada tanggal
neraca antara aktiva dan kewajiban menurut
pajak dan nilai tercatatnya pada laporan
keuangan.
Deferred income tax is provided, using the
liability method, on all temporary differences at
the balance sheet date between the tax base of
assets and liabilities and their carrying amounts
for financial reporting purposes.
Kewajiban pajak tangguhan diakui atas seluruh
perbedaan temporer kena pajak. Aktiva pajak
tangguhan diakui untuk perbedaan temporer
yang dapat dikurangkan untuk keperluan pajak
dan saldo rugi fiskal yang dapat dikompensasi,
sepanjang besar kemungkinan terdapat laba
kena pajak pada masa datang yang dapat
dimanfaatkan atas perbedaan temporer yang
dapat dikurangkan untuk keperluan pajak dan
saldo rugi fiskal yang dapat dikompensasi
tersebut.
Deferred tax liabilities are recognized for all
taxable temporary differences. Deterred tax
assets are recognized for all deductible
temporary differences and carry-forward of
unused tax losses, to the extent that it is
probable that taxable profit will be available
against which the deductible temporary
differences and unused tax losses can be
utilized.
Pajak
tangguhan
dihitung
dengan
menggunakan tarif pajak (dan peraturan pajak)
yang berlaku atau yang secara substansial
diberlakukan pada tahun dimana aktiva
tersebut direalisasikan atau kewajiban tersebut
diselesaikan.
Deferred tax assets and liabilities are measured
at the tax rates (and tax laws) that are
substantially expected to apply to the year
when the asset is realized or the liability is
settled.
Perubahan atas kewajiban pajak dicatat pada
saat surat ketetapan pajak diterima atau,
apabila diajukan keberatan dan atau banding,
diakui pada saat hasil dan keberatan dan atau
banding diterima.
Amendments to tax obligations are recorded
when a tax assessment is received or, if
appealed against, when the result of the appeal
is determined.
40
The original consolidated financial statements included herein are in
the Indonesian language.
PT BANK BUKOPIN TBK.
AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS
Years Ended December 31, 2008 and 2006
With Comparative Figures For 2007
(Expressed in millions of Rupiah,
unless otherwise stated)
PT BANK BUKOPIN TBK.
DAN ANAK-ANAK PERUSAHAAN
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN
Tahun yang Berakhir pada Tanggal-tanggal
31 Desember 2008 dan 2006
Dengan Angka Perbandingan Untuk 2007
(Disajikan dalam jutaan Rupiah,
kecuali dinyatakan lain)
2.
KEBIJAKAN AKUNTANSI (lanjutan)
y.
z.
2.
Perpajakan (lanjutan)
ACCOUNTING POLICIES (continued)
y. Taxation (continued)
Taksiran pajak penghasilan Bank dan anakanak perusahaan dihitung untuk masingmasing perusahaan sebagai badan hukum
terpisah. Aktiva pajak kini dan kewajiban pajak
kini untuk badan hukum yang berbeda tidak
disalinghapuskan dalam laporan keuangan
konsolidasian.
The income tax of the Bank and its subsidiaries
is computed for each company as a separate
legal entity. Current tax assets and current tax
liabilities for different legal entities are not offset
in the consolidated financial statements.
Beban pajak kini ditentukan berdasarkan
penghasilan kena pajak untuk tahun berjalan
dan dihitung menggunakan tarif pajak yang
berlaku.
Current tax expense is determined based on
the taxable income for the year and computed
using prevailing tax rates.
Laba per Saham
z. Earnings per Share
Laba per saham dasar dihitung dengan
membagi laba bersih residual dengan jumlah
rata-rata tertimbang saham yang beredar pada
tahun yang bersangkutan.
Basic earnings per share is computed by
dividing residual net income by the weighted
average number of shares outstanding during
the year.
Laba per saham dilusian dihitung dengan
membagi laba bersih dengan rata-rata
tertimbang saham yang beredar pada tahun
yang bersangkutan yang disesuaikan dengan
mengasumsikan konversi surat berharga
berpotensi saham yang sifatnya dilutif.
Diluted earnings per share is computed by
dividing net income with the weighted average
number of shares outstanding during the year
adjusted to assumed conversion of all dilutive
potential ordinary shares.
aa. Dana Pensiun dan Manfaat Karyawan
aa. Pension Plan
Entitlements
and
Employee
Service
Kewajiban Pensiun
Pension Obligations
Bank mempunyai program pensiun sesuai
dengan Undang-undang (UU) Ketenagakerjaan
No. 13/2003 atau kebijakan internal Bank.
Karena UU Ketenagakerjaan menentukan
rumus tertentu untuk menghitung jumlah
minimal imbalan pensiun, pada dasarnya
program
pensiun
berdasarkan
UU
Ketenagakerjaan adalah program manfaat
pasti. Program-program ini pada umumnya
didanai melalui pembayaran kepada pengelola
dana pensiun sebagaimana ditentukan dalam
perhitungan aktuarial yang dilakukan secara
barkala. Program pensiun manfaat pasti adalah
program pensiun yang menentukan jumlah
imbalan pensiun yang akan diberikan, yang
pemberiannya biasanya didasarkan pada satu
faktor atau lebih seperti usia, masa kerja atau
kompensasi.
The Bank has pension schemes in accordance
with Labor Law No. 13/2003 or the Bank’s
policies. Since the Labor Law sets the formula
for determining the minimum amount of
benefits, in substance pension plans under
Labor Law represent defined benefit plans. The
schemes are generally funded through
payments to trustee-administered funds as
determined by periodic actuarial calculations. A
defined benefit plan is a pension plan that
defines an amount of pension benefit to be
provided, usually as a function of one or more
factors such as age, years of service or
compensation.
41
The original consolidated financial statements included herein are in
the Indonesian language.
PT BANK BUKOPIN TBK.
AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS
Years Ended December 31, 2008 and 2006
With Comparative Figures For 2007
(Expressed in millions of Rupiah,
unless otherwise stated)
PT BANK BUKOPIN TBK.
DAN ANAK-ANAK PERUSAHAAN
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN
Tahun yang Berakhir pada Tanggal-tanggal
31 Desember 2008 dan 2006
Dengan Angka Perbandingan Untuk 2007
(Disajikan dalam jutaan Rupiah,
kecuali dinyatakan lain)
2.
KEBIJAKAN AKUNTANSI (lanjutan)
aa. Dana Pensiun
(lanjutan)
dan
Manfaat
2.
Karyawan
ACCOUNTING POLICIES (continued)
aa. Pension Plan and Employee
Entitlements (continued)
Service
Kewajiban Pensiun (lanjutan)
Pension Obligations (continued)
Kewajiban program pensiun manfaat pasti
yang diakui di necara konsolidasian adalah
nilai kini kewajiban manfaat pasti pada tanggal
neraca dikurangi nilai wajar
aktiva
program,
serta
disesuaikan
dengan
keuntungan/kerugian aktuarial dan biaya jasa
lalu yang belum diakui. Kewajiban manfaat
pasti dihitung setiap tahun oleh aktuaris
independen menggunakan metode projected
unit credit. Nilai kini kewajiban manfaat pasti
ditentukan dengan mendiskontokan estimasi
arus kas keluar masa depan dengan
menggunakan tingkat bunga obligasi korporasi
berkualitas tinggi dalam mata uang yang sama
dengan mata uang imbalan yang akan
dibayarkan dan waktu jatuh tempo yang kurang
lebih sama dengan waktu jatuh tempo imbalan
yang bersangkutan.
The liability recognized in the consolidated
balance sheet in respect of defined benefit
pension plans is the present value of the
defined benefit obligation at the balance sheet
date less the fair value of plan assets, together
with adjustments for unrecognized actuarial
gains or losses and past service cost. The
defined benefit obligation is calculated annually
by independent actuaries using the projected
unit credit method. The present value of the
defined benefit obligation is determined by
discounting the estimated future cash outflows
using interest rates of high quality corporate
bonds that are denominated in the currency in
which the benefit will be paid, and that have
terms to maturity approximating the terms of
the related pension liability.
Keuntungan dan kerugian aktuarial dapat
timbul
dari
penyesuaian
yang
dibuat
berdasarkan pengalaman, perubahan asumsiasumsi aktuarial dan perubahan pada program
pensiun. Apabila jumlah keuntungan atau
kerugian aktuarial ini melebihi 10% dan nilai
kini kewajiban manfaat pasti atau 10% dari nilai
wajar aktiva program maka kelebihannya
dibebankan atau dikreditkan pada laporan laba
rugi selama sisa masa kerja rata-rata para
karyawan yang bersangkutan.
Actuarial gains and losses arising from
experience adjustments, changes in actuarial
assumptions and amendments to pension plans
when exceeding 10% of present value of the
defined benefit obligation or 10% of fair value
program’s asset are charged or credited to
statement of income over the average
remaining service lives of the related
employees.
Sejak tahun 2008, berdasarkan Surat
Keputusan No. 484 Tahun 2006 tentang
penghargaan bagi karyawan purnabakti, Bank
juga memberikan penghargaan masa dinas
untuk karyawan yang telah menyelesaikan
masa kerja selama 10 tahun atau lebih. Untuk
manfaat tersebut, PSAK No. 24 (Revisi 2004)
mengharuskan perlakuan akuntansi yang
hampir sama dengan akuntansi untuk program
manfaat pasti (sebagaimana disajikan pada
paragraf sebelum ini), kecuali bahwa semua
keuntungan dan kerugian aktuaria dan biaya
jasa lalu yang timbul harus diakui sekaligus
dalam laporan laba rugi konsolidasian tahun
berjalan.
Starting 2008, based on the decision letter No.
484 Year 2006, regarding awards for
employees, Bank also provides for long service
awards for employees whose work periods
reach 10 years or above. For such benefits,
PSAK No. 24 (Revised 2004) requires an
accounting treatment similar to that for defined
benefit plans, except that the actuarial gains
and losses and past service costs should all be
recognized immediately in the current year’s
consolidated statement of income.
42
The original consolidated financial statements included herein are in
the Indonesian language.
PT BANK BUKOPIN TBK.
AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS
Years Ended December 31, 2008 and 2006
With Comparative Figures For 2007
(Expressed in millions of Rupiah,
unless otherwise stated)
PT BANK BUKOPIN TBK.
DAN ANAK-ANAK PERUSAHAAN
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN
Tahun yang Berakhir pada Tanggal-tanggal
31 Desember 2008 dan 2006
Dengan Angka Perbandingan Untuk 2007
(Disajikan dalam jutaan Rupiah,
kecuali dinyatakan lain)
2.
KEBIJAKAN AKUNTANSI (lanjutan)
2.
ab. Opsi Saham
ACCOUNTING POLICIES (continued)
ab. Share Options
Bank memberikan opsi saham kepada direksi
dan karyawan pada posisi dan jabatan tertentu
berdasarkan
persyaratan
yang
telah
ditetapkan. Biaya kompensasi saham pada
tanggal penerbitan dihitung berdasarkan nilai
wajar dari opsi saham tersebut dan diakui
dalam akun “Beban gaji dan tunjangan
karyawan” berdasarkan program hak yang
diakui pada tahun berjalan dengan metode
garis lurus selama masa tunggu (vesting
period). Akumulasi dan biaya kompensasi
saham diakui sebagai “Cadangan opsi saham“
dalam bagian ekuitas.
The Bank has granted share options to the
directors and employees at certain positions
and levels based on established criteria.
Compensation cost at the grant date is
calculated using the fair value of the share
options and is recognized as part of “Salaries
and employee benefit expense“ based on the
straight-line method over the vesting period.
Accumulation of compensation cost is
recognized as “Share options reserve“ in
equity.
Nilai wajar dari opsi saham tersebut dinilai
berdasarkan laporan hasil penilaian oleh
konsultan independen dengan menggunakan
metode penentuan harga opsi Black-Scholes.
The fair value of the stock options granted is
based on independent consultants’ valuation
report calculated using the Black-Scholes
option pricing model.
ac. Informasi Segmen
ac. Segment Information
Informasi segmen disusun sesuai dengan
kebijakan akuntansi yang dianut dalam
penyusunan dan penyajian laporan keuangan
konsolidasian. Segmen primer pelaporan
adalah segmen usaha sedangkan segmen
sekunder adalah segmen geografis.
Segment information is prepared using the
accounting policies adopted for preparing and
presenting
the
consolidated
financial
statements. The primary reporting segment
information is based on business segments,
while secondary segment information is based
on geographical segments.
Segmen usaha adalah komponen bisnis Bank
yang dapat dibedakan dalam menghasilkan
jasa (baik jasa individual maupun kelompok
jasa terkait) dan komponen itu memiliki risiko
dan imbalan yang berbeda dengan risiko dan
imbalan segmen lain. Segmen usaha terbagi
dalam kelompok perbankan konvensional dan
perbankan Syariah.
A business segment is a distinguishable
component of the Bank that is engaged in
providing an individual service or a group of
related services and that is subject to risks and
returns that are different from those of other
business segments. The business segment has
been determined to be conventional banking
and banking activities based on Sharia
principles.
Segmen geografis adalah komponen Bank
yang dapat dibedakan dalam menghasilkan
jasa pada lingkungan (wilayah) ekonomi
tertentu dan komponen itu memiliki risiko dan
imbalan yang berbeda dengan risiko dan
imbalan pada komponen yang beroperasi pada
lingkungan (wilayah) ekonomi lain.
A geographical segment is a distinguishable
component of the Bank that is engaged in
providing services within a particular economic
environment and that is subject to risks and
returns that are different from those operating
in other economic environments.
43
The original consolidated financial statements included herein are in
the Indonesian language.
PT BANK BUKOPIN TBK.
AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS
Years Ended December 31, 2008 and 2006
With Comparative Figures For 2007
(Expressed in millions of Rupiah,
unless otherwise stated)
PT BANK BUKOPIN TBK.
DAN ANAK-ANAK PERUSAHAAN
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN
Tahun yang Berakhir pada Tanggal-tanggal
31 Desember 2008 dan 2006
Dengan Angka Perbandingan Untuk 2007
(Disajikan dalam jutaan Rupiah,
kecuali dinyatakan lain)
2.
KEBIJAKAN AKUNTANSI (lanjutan)
ad. Transaksi
dengan
Pihak-pihak
Mempunyai Hubungan Istimewa
2.
yang
ACCOUNTING POLICIES (continued)
ad. Transactions with Related Parties
Sesuai
dengan
PSAK
No. 7
tentang
“Pengungkapan Pihak-pihak yang Mempunyai
Hubungan Istimewa” yang dimaksud dengan
pihak yang mempunyai hubungan istimewa
adalah sebagai berikut:
Related parties are defined under PSAK No. 7
on “Related Party Disclosures” as follows:
1)
perusahaan yang melalui satu atau lebih
perantara
(intermediaries),
mengendalikan, atau dikendalikan oleh,
atau berada dibawah pengendalian
bersama dengan perusahaan pelapor
(termasuk holding companies, subsidiary,
dan fellow subsidiary);
1)
enterprises that, through one or more
intermediaries, control or are controlled
by, or are under common control with the
reporting enterprise (including holding
companies,
subsidiary,
and
fellow
subsidiary);
2)
perusahaan asosiasi;
2)
associated companies;
3)
perorangan yang memiliki, baik secara
langsung maupun tidak langsung suatu
kepentingan hak suara di perusahaan
pelapor
yang
berpengaruh
secara
signifikan, dan anggota keluarga dekat
dari
perorangan
tersebut
(anggota
keluarga dekat adalah mereka yang dapat
diharapkan
mempengaruhi
atau
dipengaruhi perorangan tersebut dalam
transaksinya dengan perusahaan pelapor);
3)
individuals owning, directly or indirectly,
an interest in the voting power of the
reporting enterprise that gives them
significant influence over the enterprise,
and close members of the family of any
such individuals (close members of a
family are defined as those members who
are able to exercise influence or can be
influenced by such individuals in their
transactions with the reporting enterprise);
4)
karyawan kunci, yaitu orang-orang yang
mempunyai wewenang dan tanggung
jawab untuk merencanakan, memimpin
dan mengendalikan kegiatan perusahaan
pelapor yang meliputi anggota komisaris,
direksi dan manajer dari perusahaan serta
anggota keluarga dekat orang-orang
tersebut; dan
4)
key management personnel, that is, those
persons
having
authority
and
responsibility for planning directing and
controlling the activities of the reporting
enterprise,
including
commissioners,
directors and managers of the enterprise
and close members of the families of such
individuals; and
5)
perusahaan di mana suatu kepentingan
substansial dalam hak suara dimiliki baik
secara langsung maupun tidak langsung
oleh setiap orang yang diuraikan dalam 3)
atau 4) atau setiap orang tersebut
mempunyai pengaruh signifikan atas
perusahaan tersebut. Ini mencakup
perusahaan-perusahaan yang dimiliki
anggota komisaris, direksi atau pemegang
saham utama dari perusahaan pelapor
dan
perusahaan-perusahaan
yang
mempunyai anggota manajemen kunci
yang sama dengan perusahaan pelapor.
5)
enterprises in which a substantial interest
in the voting power is owned, directly or
indirectly by any persons described in 3)
or 4) above, or over which such a person
is able to exercise significant influence.
This definition includes enterprises owned
by the commissioners, directors or major
shareholders of the reporting enterprise
and enterprises that have a common
member of key management as in the
reporting enterprise.
44
The original consolidated financial statements included herein are in
the Indonesian language.
PT BANK BUKOPIN TBK.
AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS
Years Ended December 31, 2008 and 2006
With Comparative Figures For 2007
(Expressed in millions of Rupiah,
unless otherwise stated)
PT BANK BUKOPIN TBK.
DAN ANAK-ANAK PERUSAHAAN
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN
Tahun yang Berakhir pada Tanggal-tanggal
31 Desember 2008 dan 2006
Dengan Angka Perbandingan Untuk 2007
(Disajikan dalam jutaan Rupiah,
kecuali dinyatakan lain)
2.
KEBIJAKAN AKUNTANSI (lanjutan)
2.
ad. Transaksi
dengan
Pihak-pihak
yang
Mempunyai Hubungan Istimewa (lanjutan)
ACCOUNTING POLICIES (continued)
ad. Transactions
(continued)
Semua tansaksi yang jumlahnya signifikan
dengan pihak yang mempunyai hubungan
istimewa, baik yang dilakukan dengan syarat
normal, sebagaimana dilakukan dengan pihak
yang tidak mempunyai hubungan istimewa,
maupun tidak, telah diungkapkan dalam
laporan keuangan konsolidasian. Transaksi
Bank
dengan
Badan
Usaha
Milik
Negara/Daerah tidak diungkapkan sebagai
transaksi dengan pihak-pihak yang mempunyai
hubungan istimewa.
3.
Rupiah
3.
2006
418.137
7.834
3.080
186
588
Rupiah
3.457
57
68
Foreign currencies
United States Dollar
Singapore Dollar
Australian Dollar
17
12
11.688
3.666
3.599
683.155
421.803
275.562
The Rupiah balance includes cash in ATMs
(Automatic Teller Machines) amounting to
Rp91,088 (2007: Rp68,660; 2006: Rp53,232).
GIRO PADA BANK INDONESIA
4.
2008
Rupiah
DoIar Amerika Serikat
271.963
3.021
557
76
Saldo dalam mata uang Rupiah termasuk uang
pada ATM (Anjungan Tunai Mandiri) sebesar
Rp91.088 (2007: Rp68.660; 2006: Rp53.232)
4.
Parties
CASH
2007
671.467
Mata uang asing
DoIar Amerika Serikat
Dolar Singapura
Dolar Australia
Lainnya
Related
All significant transactions with related parties,
whether or not conducted under terms and
conditions similar to those granted to third
parties, are disclosed in the notes to the
consolidated financial statements. Transactions
with State-owned/Regional-owned companies
are not considered as transactions with related
parties.
KAS
2008
with
2007
CURRENT ACCOUNTS WITH BANK INDONESIA
2006
1.158.462
41.420
3.538.511
148.879
2.330.467
91.831
1.199.882
3.687.390
2.422.298
Pada tanggal 31 Desember 2008, saldo giro pada
Bank Indonesia termasuk giro yang didasarkan
pada prinsip perbankan Syariah sebesar Rp30.303
(2007: Rp19.462; 2006: Rp14.361).
Rupiah
United States Dollar
As at December 31, 2008, current accounts with
Bank Indonesia include amounts under Sharia
banking principles of Rp30,303 (2007: Rp19,462;
2006: Rp14,361).
45
The original consolidated financial statements included herein are in
the Indonesian language.
PT BANK BUKOPIN TBK.
AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS
Years Ended December 31, 2008 and 2006
With Comparative Figures For 2007
(Expressed in millions of Rupiah,
unless otherwise stated)
PT BANK BUKOPIN TBK.
DAN ANAK-ANAK PERUSAHAAN
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN
Tahun yang Berakhir pada Tanggal-tanggal
31 Desember 2008 dan 2006
Dengan Angka Perbandingan Untuk 2007
(Disajikan dalam jutaan Rupiah,
kecuali dinyatakan lain)
4.
GIRO PADA BANK INDONESIA (lanjutan)
4.
CURRENT ACCOUNTS WITH BANK INDONESIA
(continued)
Saldo giro pada Bank Indonesia disediakan untuk
memenuhi persyaratan giro wajib minimum (GWM)
dari Bank Indonesia.
Current accounts with Bank Indonesia are
maintained to comply with Bank Indonesia minimum
statutory reserve requirement (GWM).
Berdasarkan
Peraturan
BI
(PBI)
No. 6/15/PBI/2004 tertanggal 28 Juni 2004, bank
dipersyaratkan untuk memiliki giro wajib minimum
(GWM) sebesar 5% dari dana pihak ketiga dalam
mata uang rupiah dan 3% dari dana pihak ketiga
dalam mata uang asing. Selain itu, bank
dipersyaratkan untuk memiliki tambahan
GWM
sebesar persentase tertentu apabila memiliki
jumlah dana pihak ketiga melebihi Rp1 triliun (nilai
penuh) sampai dengan jumlah tertentu. BI akan
membayar bunga atas tambahan GWM dalam mata
uang Rupiah tersebut.
Based
on
BI
Regulation
(PBI)
No. 6/15/PBI/2004 dated June 28, 2004, banks are
required to maintain minimum reserve requirement
(GWM) equivalent to 5% of third party funds in
Rupiah currency and 3% of third party funds in
foreign currency. In addition, banks are required to
maintain additional GWM at certain percentages in
excess of Rp1 trillion (full amount) up to certain
threshold amounts of third party funds in Rupiah. BI
shall pay interest on the additional GWM in Rupiah.
Efektif sejak tanggal 8 September 2005, PBI
No. 7/29/PBI/2005 tanggal 6 September 2005
mensyaratkan bank untuk memiliki tambahan GWM
dalam Rupiah sebesar persentase tertentu
berdasarkan besarnya rasio pinjaman yang
diberikan terhadap jumlah dana pihak ketiga (Loan
to Deposit Ratio - LDR) dalam mata uang Rupiah.
Peraturan ini adalah peraturan tambahan atas PBI
No. 6/15/PBI/2004 tanggal 28 Juni 2004 tentang
GWM.
Effective September 8, 2005, PBI No. 7/29/PBI/2005
dated September 6, 2005 requires banks to maintain
GWM in Rupiah at certain percentage based on the
Bank’s Loan to Deposit Ratio (LDR). This regulation
is
an
additional
requirement
to
PBI
No. 6/15/PBI/2004 dated June 28, 2004 on GWM.
Pada tahun 2008, BI menerbitkan PBI No.
10/19/PBI/2008 tanggal 14 Oktober 2008 tentang
Giro Wajib Minimum Bank Umum pada BI dalam
Rupiah dan Valuta Asing serta PBI No.
10/25/PBI/2008 tanggal 23 Oktober 2008 tentang
Perubahan atas PBI No. 10/19/PBI/2008 tentang
Giro Wajib Minimum Bank Umum pada BI dalam
Rupiah dan Valuta Asing. Peraturan ini
mensyaratkan Bank memiliki GWM utama sebesar
5% dari dana pihak ketiga dalam Rupiah dan GWM
sekunder sebesar 2,5% dari dana pihak ketiga
dalam Rupiah. Pemenuhan GWM sekunder mulai
berlaku sejak tanggal 24 Oktober 2009.
In 2008, BI issued PBI No. 10/19/PBI/2008 dated
October 14, 2008 regarding Minimum Reserve
Requirement of General Banks at BI in Rupiah and
Foreign Currency and PBI No. 10/25/PBI/2008 dated
October 23, 2008 regarding the Amendment of PBI
No. 10/19/PBI/2008 regarding Minimum Reserve
Requirement of General Banks at BI in Rupiah and
Foreign Currency. This PBI requires Bank to
maintain primary reserve of 5% of third party funds in
Rupiah and secondary reserve of 2,5% of third party
funds in Rupiah. Secondary reserve should be
complied since October 24, 2009.
46
The original consolidated financial statements included herein are in
the Indonesian language.
PT BANK BUKOPIN TBK.
AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS
Years Ended December 31, 2008 and 2006
With Comparative Figures For 2007
(Expressed in millions of Rupiah,
unless otherwise stated)
PT BANK BUKOPIN TBK.
DAN ANAK-ANAK PERUSAHAAN
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN
Tahun yang Berakhir pada Tanggal-tanggal
31 Desember 2008 dan 2006
Dengan Angka Perbandingan Untuk 2007
(Disajikan dalam jutaan Rupiah,
kecuali dinyatakan lain)
4.
GIRO PADA BANK INDONESIA (lanjutan)
4.
Rasio GWM (tidak diaudit) Bank pada tanggal 31
Desember 2008, 2007, dan 2006 adalah sebagai
berikut:
2008
5.
CURRENT ACCOUNTS WITH BANK INDONESIA
(continued)
As at December 31, 2008, 2007, and 2006, the
GWM ratios (unaudited) of the Bank are as follows:
2007
2006
Konvensional
Rupiah
Dolar Amerika Serikat
5,23%
1,10%
14,40%
3,02%
10,50%
3,02%
Conventional
Rupiah
United States Dollar
Syariah
Rupiah
5,85%
6,12%
5,26%
Sharia
Rupiah
Giro wajib minimum dalam Rupiah per tanggal
31 Desember 2008 adalah sebesar 5,00% (2007
dan 2006: 8,00%) dan dalam Dolar Amerika Serikat
adalah sebesar 1,00% (2007 dan 2006: 3,00%).
The Bank’s minimum reserve requirement in
Rupiah as of December 31, 2008 was 5.00% (2007
and 2006: 8.00%) and in US Dollar was 1.00%
(2007 and 2006: 3.00%).
Pada tanggal 31 Desember 2008, 2007, dan 2006,
perhitungan rasio GWM berdasarkan prinsip
perbankan Syariah didasarkan pada Peraturan BI
No. 6/21/PBI/2004 tanggal 3 Agustus 2004 tentang
Giro Wajib Minimum dalam Rupiah dan mata uang
asing bagi Bank Umum yang melaksanakan
kegiatan usaha berdasarkan prinsip Syariah
sebagaimana telah diubah dengan Peraturan BI No.
8/23/PBI/2006 tanggal 5 Oktober 2006 dan diubah
dengan
Peraturan
Bank
Indonesia
No.
10/23/PBI/2008 tanggal 13 Oktober 2008.
As at December 31, 2008, 2007, and 2006, the
calculation of the GWM ratios in Sharia banking
principles
is
based
on
BI
Regulation
No. 6/21/PBI/2004 regarding GWM in Rupiah and
foreign currencies for Sharia Banks dated August 3,
2004
as
amended
by
BI
Regulation
No. 8/23/PBI/2006 dated October 5, 2006 and BI
Regulation No. 10/23/PBI/2008 dated October 13,
2008.
Pada tanggal 31 Desember 2008, 2007, dan 2006
Bank telah memenuhi ketentuan BI tentang GWM
minimum.
As at December 31, 2008, 2007, and 2006, the
Bank has complied with BI’s regulation on the
minimum GWM.
GIRO PADA BANK LAIN
a.
5.
Berdasarkan mata uang
a. By currency
2008
Pihak ketiga
Rupiah
Mata uang asing:
Dolar Amerika Serikat
Dolar Singapura
Euro
Dolar Australia
Poundsterling Inggris
Lain-lain
CURRENT ACCOUNTS WITH OTHER BANKS
2007
2006
Third parties
24.751
20.165
14.955
740.538
2.218
1.152
1.137
323
1.987
40.209
4.014
2.289
839
1.939
1.823
26.969
2.162
3.862
478
2.152
747.355
51.113
35.623
772.106
71.278
50.578
47
Foreign currencies:
United States Dollar
Singapore Dollar
Euro
Australian Dollar
Great Britain Poundsterling
Others
The original consolidated financial statements included herein are in
the Indonesian language.
PT BANK BUKOPIN TBK.
AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS
Years Ended December 31, 2008 and 2006
With Comparative Figures For 2007
(Expressed in millions of Rupiah,
unless otherwise stated)
PT BANK BUKOPIN TBK.
DAN ANAK-ANAK PERUSAHAAN
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN
Tahun yang Berakhir pada Tanggal-tanggal
31 Desember 2008 dan 2006
Dengan Angka Perbandingan Untuk 2007
(Disajikan dalam jutaan Rupiah,
kecuali dinyatakan lain)
5.
GIRO PADA BANK LAIN (lanjutan)
a.
5.
CURRENT ACCOUNTS WITH OTHER BANKS
(continued)
Berdasarkan mata uang (lanjutan)
a. By currency (continued)
2008
2007
Pihak yang mempunyai
hubungan istimewa
Rupiah
Jumlah
Penyisihan kerugian
2006
Related party
-
3.191
772.106
(7.888)
(901
764.218
73.568
Pada tanggal 31 Desember 2008, di dalam giro
pada bank lain terdapat giro yang didasarkan
pada prinsip perbankan Syariah sebesar
Rp229 (2007: Rp39; 2006: Rp660).
b.
Total
(1.089 )
52.583
b. By bank
2008
Mata uang asing:
PT Bank Mandiri
(Persero) Tbk
Wachovia Bank N.A.,
New York
Citibank N.A., Jakarta
Standard Chartered Bank,
New York
American Express Bank,
New York
Citibank N.A., New York
United Overseas Bank Ltd.,
Singapura
Oversea-Chinese Banking
Corp Ltd., Singapura
Sumitomo Mitsui Banking
Corporation, Tokyo
Commerze Bank AG, Frankfurt
National Australia Bank,
Melbourne
PT Bank Central Asia Tbk
Standard Chartered Bank,
London
Dresdner Bank AG, Frankfurt
American Express Bank,
Tokyo
Lain-lain
53.672
)
As at December 31, 2008, current accounts
with other banks include amounts under Sharia
banking principles of Rp229 (2007: Rp39; 2006:
Rp660).
Berdasarkan bank
Pihak ketiga
Rupiah:
Standard Chartered Bank,
Jakarta
PT Bank Central Asia Tbk
PT Bank Mandiri (Persero) Tbk
PT Bank CIMB Niaga Tbk
(dahulu PT Bank Niaga Tbk
dan PT Bank Lippo Tbk)
PT Bank Negara Indonesia
(Persero) Tbk
Lain-lain
3.094
74.469
2007
2006
Third parties
Rupiah:
14.620
6.458
1.551
310
8.940
3.929
2.967
1.135
6.115
6.712
152
835
405
4.395
492
855
24.751
20.165
14.955
Standard Chartered Bank, Jakarta
PT Bank Central Asia Tbk
PT Bank Mandiri (Persero) Tbk
PT Bank CIMB Niaga Tbk
(formerly PT Bank Niaga Tbk
and PT Bank Lippo Tbk)
PT Bank Negara Indonesia
(Persero) Tbk
Others
Foreign currencies:
716.039
10.410
-
PT Bank Mandiri (Persero) Tbk
1.447
8.504
1.943
10.544
5.268
9.077
18.046
6.566
Wachovia Bank N.A., New York
Citibank N.A., Jakarta
Standard Chartered Bank,
New York
4.345
5.015
2.663
1.367
2.406
2.194
1.761
1.660
-
2.253
502
1.332
1.152
941
1.956
263
-
1.137
1.127
839
2.161
478
817
323
-
1.939
333
3.863
678
14
839
1.010
879
747.355
51.113
35.623
772.106
71.278
50.578
48
American Express Bank, New York
Citibank N.A., New York
United Overseas Bank Ltd.,
Singapore
Oversea-Chinese Banking
Corp Ltd.,Singapore
Sumitomo Mitsui Banking
Corporation, Tokyo
Commerze Bank AG, Frankfurt
National Australia Bank,
Melbourne
PT Bank Central Asia Tbk
Standard Chartered Bank,
London
Dresdner Bank AG, Frankfurt
American Express Bank, Tokyo
Others
The original consolidated financial statements included herein are in
the Indonesian language.
PT BANK BUKOPIN TBK.
AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS
Years Ended December 31, 2008 and 2006
With Comparative Figures For 2007
(Expressed in millions of Rupiah,
unless otherwise stated)
PT BANK BUKOPIN TBK.
DAN ANAK-ANAK PERUSAHAAN
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN
Tahun yang Berakhir pada Tanggal-tanggal
31 Desember 2008 dan 2006
Dengan Angka Perbandingan Untuk 2007
(Disajikan dalam jutaan Rupiah,
kecuali dinyatakan lain)
5.
GIRO PADA BANK LAIN (lanjutan)
b.
5.
Berdasarkan bank (lanjutan)
b. By bank (continued)
2008
2007
Pihak yang mempunyai
hubungan Istimewa
Rupiah
PT Bank Syariah Bukopin
(dahulu PT Bank
Persyarikatan Indonesia)
Jumlah
Penyisihan kerugian
2006
Related party
Rupiah
74.469
(7.888)
(901
73.568
Berdasarkan kolektibilitas
(1.089
52.583
d. Movements in allowance for losses
2008
2007
252
Mata uang asing:
Saldo awal tahun
Penyisihan (pemulihan)
selama tahun
berjalan (Catatan 32)
Selisih kurs karena penjabaran
mata uang asing
2006
191
99
Rupiah:
Balance at beginning of year
Provision
during the year ( Note 32)
36
61
92
288
252
191
649
898
639
(301)
302
Foreign currencies:
Balance at beginning of year
Provision (reversal)
during the year
(Note 32)
Foreign exchange translation
6.953
(2)
52
(43)
7.600
649
898
7.888
901
1.089
Manajemen berpendapat bahwa
penyisihan kerugian telah memadai.
jumlah
Management believes that the allowance for
losses is adequate.
Tingkat suku bunga rata-rata per tahun:
2008
Rupiah
Mata uang asing
Total
All current accounts with other banks are
classified as current as at December 31, 2008,
2007, and 2006.
Perubahan penyisihan kerugian
Rupiah:
Saldo awal tahun
Penyisihan selama
tahun berjalan (Catatan 32)
e.
53.672
)
c. By collectibility
Pada tanggal 31 Desember 2008, 2007, dan
2006,
semua
giro
pada
bank
lain
diklasifikasikan lancar.
d.
PT Bank Syariah Bukopin
(formerly PT Bank
3.094
3.191
772.106
764.218
c.
CURRENT ACCOUNTS WITH OTHER BANKS
(continued)
e. Average annual interest rates:
2007
1,66 %
1,58 %
2006
1,67%
1,56%
49
1,90%
1,35%
Rupiah
Rupiah
The original consolidated financial statements included herein are in
the Indonesian language.
PT BANK BUKOPIN TBK.
AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS
Years Ended December 31, 2008 and 2006
With Comparative Figures For 2007
(Expressed in millions of Rupiah,
unless otherwise stated)
PT BANK BUKOPIN TBK.
DAN ANAK-ANAK PERUSAHAAN
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN
Tahun yang Berakhir pada Tanggal-tanggal
31 Desember 2008 dan 2006
Dengan Angka Perbandingan Untuk 2007
(Disajikan dalam jutaan Rupiah,
kecuali dinyatakan lain)
6.
PENEMPATAN PADA BANK INDONESIA DAN
BANK LAIN
a.
6.
PLACEMENTS WITH BANK INDONESIA AND
OTHER BANKS
Berdasarkan jenis, mata uang, dan bank
2008
Pihak ketiga
Rupiah:
Fasilitas Simpanan Bank
Indonesia, bersih setelah
dikurangi bunga yang belum
diamortisasi pada tahun
2008 sebesar Rp652
(2007: Rp10; 2006: Rp198)
Interbank call money
PT Bank DKI
PT BPD Jawa Tengah
PT BPD Jawa Barat
PT Bank Pan Indonesia Tbk
PT Bank Permata Tbk
JP Morgan Chase Bank N.A.
PT Bank CIMB Niaga Tbk
(dahulu PT Bank
Niaga Tbk dan PT Bank
Lippo Tbk)
Dolar Amerika Serikat:
Interbank call money
Sumitomo Mitsui, Singapura
United Overseas Bank,
Jakarta
PT Bank DBS Indonesia
PT Bank Pan Indonesia Tbk
PT Bank CIMB Niaga Tbk
(dahulu PT Bank
Niaga Tbk dan PT Bank
Lippo Tbk)
PT Bank Mandiri (Persero) Tbk
N.V. De Indonesische Overzeese
Bank, Belanda
(dalam likuidasi)
PT Bank Rabobank
International Indonesia
PT Bank OCBC NISP
Tbk (dahulu
PT Bank OCBC
Indonesia dan
PT Bank NISP Tbk)
PT Bank Rakyat Indonesia
(Persero) Tbk
ABN AMRO Bank N.V.,
Jakarta
PT Bank Chinatrust
Indonesia
PT Bank Mega Tbk
PT Bank Century Tbk
PT Bank Ekspor Indonesia
(Persero)
PT Bank Tabungan Negara
(Persero)
Wachovia Bank N.A., New York
PT Bank Agris
(dahulu PT Bank Finconesia)
PT Bank Artha Graha
International Tbk
Nordea Bank Finland PLC,
Singapura
a. By type, currency, and banks
2007
2006
Third parties
Rupiah:
507.348
59.990
749.802
-
100.000
50.000
25.000
-
150.000
90.000
60.000
-
-
19.500
-
175.000
319.500
507.348
234.990
1.069.302
-
939.300
1.241.773
-
375.720
328.755
281.790
-
-
281.790
217.072
-
163.500
140.895
-
-
140.895
-
Placement with Bank Indonesia,
net of unamortized interest
of Rp652 in 2008
(2007: Rp10; 2006: Rp198)
Interbank call money
PT Bank DKI
PT BPD Jawa Tengah
PT BPD Jawa Barat
PT Bank Pan Indonesia Tbk
PT Bank Permata Tbk
JP Morgan Chase Bank N.A.
PT Bank CIMB Niaga Tbk
(formerly PT Bank Niaga
Tbk and PT Bank
Lippo Tbk)
United States Dollar:
Interbank call money
Sumitomo Mitsui, Singapore
United Overseas Bank, Jakarta
PT Bank DBS Indonesia
PT Bank Pan Indonesia Tbk
PT Bank CIMB Niaga Tbk
(formerly PT Bank Niaga
Tbk and PT Bank
Lippo Tbk)
PT Bank Mandiri (Persero) Tbk
N.V. De Indonesische Overzeese
Bank, Netherlands
(under liquidation)
PT Bank Rabobank International
Indonesia
214.160
-
654.000
98.627
-
PT Bank OCBC NISP Tbk
(formerly PT Bank OCBC
Indonesia and PT Bank
NISP Tbk)
PT Bank Rakyat Indonesia
(Persero) Tbk
-
93.930
-
ABN AMRO Bank N.V., Jakarta
-
93.930
93.930
18.786
-
81.750
18.786
-
23.980
14.090
10.332
-
-
9.393
-
-
9.393
9.003
-
-
270.090
PT Bank Chinatrust Indonesia
PT Bank Mega Tbk
PT Bank Century Tbk
PT Bank Ekspor Indonesia
(Persero)
PT Bank Tabungan Negara
(Persero)
Wachovia Bank N.A., New York
PT Bank Agris
(formerly PT Bank Finconesia)
PT Bank Artha Graha
International Tbk
Nordea Bank Finland PLC,
Singapore
-
50
The original consolidated financial statements included herein are in
the Indonesian language.
PT BANK BUKOPIN TBK.
AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS
Years Ended December 31, 2008 and 2006
With Comparative Figures For 2007
(Expressed in millions of Rupiah,
unless otherwise stated)
PT BANK BUKOPIN TBK.
DAN ANAK-ANAK PERUSAHAAN
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN
Tahun yang Berakhir pada Tanggal-tanggal
31 Desember 2008 dan 2006
Dengan Angka Perbandingan Untuk 2007
(Disajikan dalam jutaan Rupiah,
kecuali dinyatakan lain)
Bank of Nova Scotia, Hongkong
Mizuho Bank
54.500
-
51
270.090
-
Bank of Nova Scotia, Hongkong
Mizuho Bank
The original consolidated financial statements included herein are in
the Indonesian language.
PT BANK BUKOPIN TBK.
AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS
Years Ended December 31, 2008 and 2006
With Comparative Figures For 2007
(Expressed in millions of Rupiah,
unless otherwise stated)
PT BANK BUKOPIN TBK.
DAN ANAK-ANAK PERUSAHAAN
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN
Tahun yang Berakhir pada Tanggal-tanggal
31 Desember 2008 dan 2006
Dengan Angka Perbandingan Untuk 2007
(Disajikan dalam jutaan Rupiah,
kecuali dinyatakan lain)
6.
PENEMPATAN PADA BANK INDONESIA DAN
BANK LAIN (lanjutan)
a.
6.
PLACEMENTS WITH BANK INDONESIA AND
OTHER BANKS (continued)
Berdasarkan jenis, mata uang, dan bank
(lanjutan)
2008
Dolar Australia
Interbank call money
Bayeriche Hypo
Yen Jepang
Interbank call money
PT Bank Negara Indonesia
(Persero) Tbk
Dolar Singapura
PT Bank Negara Indonesia
(Persero) Tbk
Deposito berjangka
Deutsche Bank AG,
Singapura
2007
12.842
Jumlah
Penyisihan kerugian
2006
-
72.390
-
-
Australian Dollar
Interbank call money
Bayeriche Hypo
-
Japan Yen
Interbank call money
PT Bank Negara Indonesia
(Persero) Tbk
Singapore Dollar
PT Bank Negara Indonesia
(Persero) Tbk
11.382
-
-
1.074.344
3.381.574
1.790.956
Time deposits
-
-
53.951
-
-
53.951
Sertifikat Deposito
N.V. De Indonesische
Overzeese Bank, Belanda
setelah dikurangi bunga
bunga yang belum
diamortisasi sebesar
Rp1.685 pada tahun 2006
Pihak yang mempunyai
hubungan Istimewa
Rupiah
Interbank call money
PT Bank Syariah Bukopin
(dahulu PT Bank
Persyarikatan Indonesia)
a. By type, currency, and banks (continued)
Deutsche Bank AG, Singapore
Certificate of Deposits
-
N.V. De Indonesische Overzese
Bank, Netherlands
net of unamortized
133.360
interest of Rp1,685 in 2006
-
-
3.381.574
1.978.267
1.581.692
3.616.564
3.047.569
Related party
Rupiah
-
178.300
99.200
Interbank call money
PT Bank Syariah Bukopin
(formerly PT Bank Persyarikatan
Indonesia)
1.581.692
3.794.864
)
3.146.769
(37.349
)
Total
(23.987
3.757.515
3.122.782
(58.262
1.523.430
52
)
The original consolidated financial statements included herein are in
the Indonesian language.
PT BANK BUKOPIN TBK.
AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS
Years Ended December 31, 2008 and 2006
With Comparative Figures For 2007
(Expressed in millions of Rupiah,
unless otherwise stated)
PT BANK BUKOPIN TBK.
DAN ANAK-ANAK PERUSAHAAN
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN
Tahun yang Berakhir pada Tanggal-tanggal
31 Desember 2008 dan 2006
Dengan Angka Perbandingan Untuk 2007
(Disajikan dalam jutaan Rupiah,
kecuali dinyatakan lain)
6.
PENEMPATAN PADA BANK INDONESIA DAN
BANK LAIN (lanjutan)
b.
Berdasarkan sisa umur jatuh tempo
Pihak ketiga
Rupiah:
≤ 1 bulan
Dolar Amerika Serikat:
≤ 1 bulan
> 1 - 3 bulan
> 3 bulan
2007
2006
507.348
234.990
1.069.302
Third parties
Rupiah:
≤ 1 month
1.074.344
-
3.381.574
-
1.844.907
133.360
United States Dollar:
≤ 1 month
> 1 - 3 months
> 3 months
1.581.692
3.616.564
3.047.569
Pihak yang mempunyai
hubungan istimewa
Rupiah:
≤ 1 bulan
Jumlah
Penyisihan kerugian
-
178.300
99.200
1.581.692
3.794.864
)
3.146.769
(37.349
)
3.757.515
3.122.782
(58.262
1.523.430
Berdasarkan kolektibilitas
Related parties
Rupiah:
≤ 1 month
Total
(23.987
c. By collectibility
Berdasarkan hasil evaluasi dan penelaahan
manajemen Bank, klasifikasi penempatan pada
bank lain berdasarkan kualitas pada tanggaltanggal 31 Desember 2008, 2007, dan 2006
adalah sebagai berikut:
2008
Based on managements evaluation and review,
the classification of placement with other banks
as at December 31, 2008, 2007, and 2006 is as
follows:
2007
2006
Lancar
Kurang lancar
1.418.192
163.500
3.794.864
-
3.146.769
-
Jumlah
Penyisihan kerugian
1.581.692
(58.262)
3.794.864
(37.349)
3.146.769
(23.987)
1.523.430
3.757.515
3.122.782
Bank memiliki penempatan dalam mata uang
asing pada bank asing yang dimiliki oleh bank
sentral Indonesia yang sedang dalam proses
likuidasi. Pada tanggal 31 Desember 2008,
Bank mengklasifikasikan penempatan tersebut
sebagai ”kurang lancar” dan mengakui 30%
penyisihan kerugian atas saldo tersebut
berdasarkan estimasi manajemen atas jumlah
yang dapat diperoleh selama proses likuidasi.
d.
PLACEMENTS WITH BANK INDONESIA AND
OTHER BANKS (continued)
b. By remaining period to maturity
2008
c.
6.
Total
Allowance for losses
The Bank has placement in foreign currency
with a foreign bank owned by the central bank
of Indonesia which are currently under
liquidation processes. As of December 31,
2008, the Bank classified this placement as
“sub-standard” and recognized 30% allowance
for losses from the outstanding balance on the
basis of management estimate of the
recoverable amount during the liquidation
processes.
Tingkat suku bunga rata-rata per tahun
2008
Current
Sub-standard
d. Average annual interest rates
2007
2006
Rupiah:
Fasilitas simpanan
Bank Indonesia
Interbank call money
6,64%
8,15%
3,46%
6,09%
5,29%
10,55%
Dolar Amerika Serikat:
Interbank call money
3,06%
5,11%
4,90%
Rupiah:
53
Placements with Bank Indonesia
Interbank call money
United States Dollar:
Interbank call money
The original consolidated financial statements included herein are in
the Indonesian language.
PT BANK BUKOPIN TBK.
AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS
Years Ended December 31, 2008 and 2006
With Comparative Figures For 2007
(Expressed in millions of Rupiah,
unless otherwise stated)
PT BANK BUKOPIN TBK.
DAN ANAK-ANAK PERUSAHAAN
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN
Tahun yang Berakhir pada Tanggal-tanggal
31 Desember 2008 dan 2006
Dengan Angka Perbandingan Untuk 2007
(Disajikan dalam jutaan Rupiah,
kecuali dinyatakan lain)
Deposito berjangka
8,40%
5,06%
54
4,76%
Time deposits
The original consolidated financial statements included herein are in
the Indonesian language.
PT BANK BUKOPIN TBK.
AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS
Years Ended December 31, 2008 and 2006
With Comparative Figures For 2007
(Expressed in millions of Rupiah,
unless otherwise stated)
PT BANK BUKOPIN TBK.
DAN ANAK-ANAK PERUSAHAAN
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN
Tahun yang Berakhir pada Tanggal-tanggal
31 Desember 2008 dan 2006
Dengan Angka Perbandingan Untuk 2007
(Disajikan dalam jutaan Rupiah,
kecuali dinyatakan lain)
6.
PENEMPATAN PADA BANK INDONESIA DAN
BANK LAIN (lanjutan)
e.
6.
PLACEMENTS WITH BANK INDONESIA AND
OTHER BANKS (continued)
Perubahan penyisihan kerugian
e. Movements in allowance for losses
2008
Rupiah:
Saldo awal
(Pemulihan) penyisihan selama
tahun berjalan (Catatan 32)
Dolar Amerika Serikat:
Saldo awal
Penyisihan selama
tahun berjalan (Catatan 32)
Selisih kurs karena penjabaran
mata uang asing
2007
3.533
2006
4.187
(3.533)
(654)
7.
3.533
4.187
33.816
19.800
5.924
23.072
13.024
14.721
1.374
992
58.262
33.816
19.800
58.262
37.349
23.987
7.
2008
Foreign exchange translation
MARKETABLE SECURITIES
Berdasarkan tujuan, jenis, dan mata uang
Pihak ketiga
Rupiah:
Dimiliki hingga jatuh tempo
(nilai perolehan):
Sertifikat Bank Indonesia,
setelah dikurangi bunga
yang belum diamortisasi
sebesar Rp10.304 pada
tahun 2008
(2007: Rp10.563;
2006: Rp58.486)
Obligasi korporasi
Obligasi Pemerintah - termasuk
diskon yang belum
diamortisasi sebesar
Rp22.083 pada tahun 2008
(premi yang belum diamortisasi
untuk tahun 2007: Rp7.987;
2006: Rp8.420)
Obligasi Ritel Indonesia termasuk diskon yang
belum diamortisasi sebesar
Rp15.222 pada tahun 2008
Sertifikat Wadiah Bank Indonesia
Obligasi Syariah
Wesel SKBDN, setelah
dikurangi bunga yang
belum diamortisasi
sebesar Rp139 pada
tahun 2008
(2007: Rp171; 2006: Rp180)
(845)
United States Dollar:
Beginning balance
Provision
during the year (Note 32)
Management believes that the allowance for
losses is adequate.
SURAT-SURAT BERHARGA
a.
2.777
-
Manajemen berpendapat bahwa penyisihan
kerugian yang dibentuk telah memadai.
Rupiah:
Beginning balance
(Reversal) provision
during the year (Note 32)
1.410
a. By purpose, type, and currency
2007
2006
Third parties
Rupiah:
Held-to-maturity
(at cost):
3.279.096
446.262
5.828.937
254.325
411.532
9.926.692
132.456
331.779
223.848
-
80.000
-
Bank Indonesia Certificates net of unamortized interest
of Rp10,304 in 2008
(2007: Rp10,563; 2006: Rp58,486)
Corporate bonds
123.419
Government bonds - including
unamortized discount of
Rp22,083 in 2008
(unamortized premium
for 2007: Rp7,987;
2006:Rp 8,420)
-
Indonesia Retail Bond including unamortized discount
of Rp15,222 in 2008
20.000
Sharia bonds
Domestic letters of credit - net of
unamortized interest of
Rp139 in 2008
(2007: Rp171; 2006: Rp180)
119.000
20.000
73.000
8.298
5.819
4.811
4.449.036
6.559.860
10.280.378
55
The original consolidated financial statements included herein are in
the Indonesian language.
PT BANK BUKOPIN TBK.
AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS
Years Ended December 31, 2008 and 2006
With Comparative Figures For 2007
(Expressed in millions of Rupiah,
unless otherwise stated)
PT BANK BUKOPIN TBK.
DAN ANAK-ANAK PERUSAHAAN
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN
Tahun yang Berakhir pada Tanggal-tanggal
31 Desember 2008 dan 2006
Dengan Angka Perbandingan Untuk 2007
(Disajikan dalam jutaan Rupiah,
kecuali dinyatakan lain)
7.
SURAT-SURAT BERHARGA (lanjutan)
a.
7.
MARKETABLE SECURITIES (continued)
Berdasarkan tujuan, jenis, dan mata uang
(lanjutan)
2008
Diperdagangkan (nilai wajar):
Obligasi Ritel Indonesia termasuk keuntungan yang
belum direalisasi sebesar
Rp3.244 pada tahun 2007
(2006: Rp5.583)
Obligasi korporasi
Dolar Amerika Serikat
Dimiliki hingga jatuh tempo
(nilai perolehan)
Obligasi Pemerintah termasuk premi yang belum
diamortisasi sebesar Rp185
pada tahun 2008
Wesel ekspor
Obligasi korporasi - termasuk
premi yang belum diamortisasi
net of unamortized premium of
sebesar Rp440 pada tahun 2008
(2006: Rp2.692)
2007
2006
Trading (at fair value):
-
113.549
-
-
113.549
116.206
6.673.409
10.396.584
Indonesia Retail Bond including unrealized gain
of Rp3,244 in 2007
(2006: Rp5,583)
Corporate bonds
United States Dollar
Held to maturity (at cost):
8.360
-
1.725
1.945
65.840
-
58.736
74.200
1.725
60.681
Government bonds - including
unamortized premium of
Rp185 in 2008
Export bills
Corporate bonds -
Rp440 in 2008
(2006: Rp2,692 in 2006)
Trading (at fair value):
Corporate bonds
-
38.347
36.696
including unrealized gain
of Rp775 in 2007 (2006: Rp684)
include unrealized gain of Rp 246
(2006: Rp304)
Government bonds
-
7.291
7.056
-
45.638
43.752
74.200
47.363
104.433
4.523.236
6.720.772
10.501.017
(5.164
)
6.715.608
10.496.345
(5.204)
4.518.032
b. Berdasarkan tujuan, penerbit, dan mata
uang
2008
Pihak ketiga
Rupiah:
Dimiliki hingga jatuh tempo
(nilai perolehan)
Bank Indonesia,
setelah dikurangi bunga
yang belum diamortisasi
sebesar Rp10.304
pada tahun 2008
(2007: Rp10.563;
2006: Rp58.486)
82.858
33.348
4.449.036
Diperdagangkan (nilai wajar)
Obligasi korporasi - termasuk
keuntungan yang belum
direalisasi sebesar Rp775
pada tahun 2007
(2006: Rp684)
Obligasi Pemerintah
(Seri RI0014) termasuk
keuntungan yang belum
direalisasi sebesar Rp246
pada tahun 2007
(2006: Rp304)
Jumlah
Penyisihan kerugian
a. By purpose, type, and currency (continued)
Total
(4.672
b. By purpose, issuer, and currency
2007
2006
Third parties
Rupiah:
Held-to-maturity
(at cost)
3.359.096
5.947.937
56
9.999.692
Bank Indonesia net of unamortized
interest of Rp10,304
(2007: Rp10,563; 2006: Rp58,486)
The original consolidated financial statements included herein are in
the Indonesian language.
PT BANK BUKOPIN TBK.
AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS
Years Ended December 31, 2008 and 2006
With Comparative Figures For 2007
(Expressed in millions of Rupiah,
unless otherwise stated)
PT BANK BUKOPIN TBK.
DAN ANAK-ANAK PERUSAHAAN
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN
Tahun yang Berakhir pada Tanggal-tanggal
31 Desember 2008 dan 2006
Dengan Angka Perbandingan Untuk 2007
(Disajikan dalam jutaan Rupiah,
kecuali dinyatakan lain)
7.
SURAT-SURAT BERHARGA (lanjutan)
7.
MARKETABLE SECURITIES (continued)
b. Berdasarkan tujuan, penerbit, dan mata
uang (lanjutan)
2008
Negara Republik Indonesia termasuk premium yang
belum diamortisasi sebesar
Rp37.305 pada tahun 2008
(2007: Rp7.987;
2006: Rp8.420)
PT Bakrie Land
Development Tbk
PT Japfa Comfeed Indonesia Tbk
PT Bank Pan Indonesia Tbk
PT Bank Mega Tbk
PT Jasa Marga (Persero)
PT Bank Permata Tbk
PT Federal International Finance
PT Bank OCBC NISP Tbk (dahulu
PT Bank OCBC Indonesia
dan PT Bank NISP Tbk)
PT Wahana Ottomitra
Multiartha Tbk
PT Adira Dinamika
Multi Finance Tbk
PT Bank DKI
PT BNI Securities
PT Bank Mayapada
International Tbk
PT Indosat Tbk
PT Bank Ekspor
Indonesia (Persero)
PT Bosowa Trading
International
PT Aplikanusa Lintasarta
PT Bank Syariah Mandiri
PT Bank Tabungan
Negara (Persero)
PT BPD Jawa Timur
b. By
purpose,
(continued)
2007
635.380
currency
-
50.000
123.419
Government of the Republic
of Indonesia - including unamortized
premium of Rp37,305 in 2008
(2007: Rp7,987; 2006: Rp8,420)
-
PT Bakrie Land Development Tbk
30.453
35.000
7.000
PT Bank Pan Indonesia Tbk
PT Bank Mega Tbk
PT Jasa Marga (Persero)
PT Bank Permata Tbk
PT Federal International Finance
PT Bank OCBC NISP Tbk (formerly
PT Bank OCBC Indonesia
and PT Bank NISP Tbk)
50.000
50.000
50.000
40.300
35.000
32.000
10.000
40.723
35.000
3.000
-
24.959
-
22.000
25.000
25.000
PT Wahana Ottomitra Multiartha Tbk
15.000
13.000
10.000
25.000
13.000
10.000
25.000
-
PT Adira Dinamika Multi Finance Tbk
PT Bank DKI
PT BNI Securities
10.000
10.000
10.000
-
-
PT Bank Mayapada International Tbk
PT Indosat Tbk
9.000
20.290
9.000
PT Bank Ekspor Indonesia (Persero)
8.298
3
-
5.819
3
20.000
4.811
3
20.000
PT Bosowa Trading International
PT Aplikanusa Lintasarta
PT Bank Syariah Mandiri
1.000
1.000
PT BPD Jawa TImur
4.449.036
6.559.860
10.280.378
-
113.549
82.858
Government of the Republic of Indonesia
-
-
11.165
PT Bank Ekspor Indonesia (Persero)
-
-
11.073
-
-
11.309
-
Diperdagangkan (nilai wajar)
Negara Republik Indonesia
PT Bank Ekspor
Indonesia (Persero)
PT Bank Tabungan
Negara (Persero)
PT Jasa Marga (Persero)
and
2006
331.779
75.000
issuer,
Trading (at fair value)
11.110
-
113.549
116.206
4.449.036
6.673.409
10.396.584
57
PT Bank Tabungan
PT Jasa Marga (Persero)
The original consolidated financial statements included herein are in
the Indonesian language.
PT BANK BUKOPIN TBK.
AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS
Years Ended December 31, 2008 and 2006
With Comparative Figures For 2007
(Expressed in millions of Rupiah,
unless otherwise stated)
PT BANK BUKOPIN TBK.
DAN ANAK-ANAK PERUSAHAAN
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN
Tahun yang Berakhir pada Tanggal-tanggal
31 Desember 2008 dan 2006
Dengan Angka Perbandingan Untuk 2007
(Disajikan dalam jutaan Rupiah,
kecuali dinyatakan lain)
7.
SURAT-SURAT BERHARGA (lanjutan)
7.
MARKETABLE SECURITIES (continued)
b. Berdasarkan tujuan, penerbit, dan mata
uang (lanjutan)
2008
Dolar Amerika Serikat:
Dimiliki hingga jatuh tempo
(nilai perolehan)
Negara Republik Indonesia termasuk premi yang
belum diamortisasi sebesar
Rp185 pada tahun 2008
PT Bank CIMB Niaga Tbk
(dahulu PT Bank Niaga Tbk)
dan PT Bank Lippo Tbk)
PT Mitindo Paper Plastic
Industry
PT Bank Negara Indonesia
(Persero) Tbk
PT Bank Mandiri (Persero) Tbk
PT Sri Rejeki Tekstil
PGN Euro Finance 2003 Limited
termasuk premi yang belum
diamortisasi sebesar Rp440
pada tahun 2008
Diperdagangkan (nilai wajar):
PGN Euro Finance 2003 Limited
PT Bank CIMB Niaga Tbk
(dahulu PT Bank Niaga Tbk)
dan PT Bank Lippo Tbk)
Negara Republik Indonesia
Jumlah
Penyisihan kerugian
b. By
purpose,
(continued)
2007
issuer,
and
currency
2006
United States Dollar:
8.360
-
-
10.900
-
-
-
1.725
1.653
-
-
49.306
9.430
292
54.940
-
-
74.200
1.725
60.681
-
28.707
27.507
-
9.640
7.291
9.189
7.056
-
45.638
43.752
74.200
47.363
104.433
4.523.236
6.720.772
10.501.017
(5.164
)
(5.204)
4.518.032
6.715.608
Held to maturity (at cost)
Government of the Republic
of Indonesia - including
unamortized premium of
Rp 185 in 2008
PT Bank CIMB Niaga Tbk
(formerly PT Bank Niaga Tbk)
and PT Bank Lippo Tbk)
PT Mitindo Paper Plastic Industry
PT Bank Negara Indonesia
(Persero) Tbk
PT Bank Mandiri (Persero) Tbk
PT Sri Rejeki Tekstil
PGN Euro Finance 2003 Limited
including unamortized premiu
Rp440 in 2008
Trading (at fair value):
PGN Euro Finance 2003 Limited
PT Bank CIMB Niaga Tbk
(formerly PT Bank Niaga Tbk)
and PT Bank Lippo Tbk)
Government of the Republic of Indonesia
Total
10.496.345
Pada tanggai 28 Juli 2006, Bank menukarkan
Obligasi Pemerintah FR0005 yang sudah
mendekati jatuh tempo dengan ObIigasi
Pemerintah FR0034 dengan nilai nominal
sebesar Rp40.000 pada saat pemerintah
melakukan lelang atas pembelian kembali
Obligasi Pemerintah FR0005 dengan cara
penukaran (debt switch) dengan Obligasi
Pemerintah FR0034. Harga pasar Obligasi
Pemerintah FR0005 pada saat penukaran
tersebut sudah mendekati nilai nominal.
On July 28, 2006, the Bank exchanged
Government Bond FR0005 with a face value of
Rp40,000 which was close to maturity with
Government
Bond
FR0034
when the
Government conducted an auction for the buy
back of Government Bond FR0005 through
exchange of Government Bond FR0034. The
market price of Government Bond FR0005 at
that time was close to face value.
Sertifikat Bank Indonesia per tanggal 31
Desember 2006 termasuk surat berharga yang
dijual dengan janji dibeli kembali sebesar
Rp494.650 (Catatan 21).
As at December 31, 2006 Bank Indonesia
Certificates included marketable securities sold
with agreements to repurchase amounting to
Rp494,650 (Note 21).
58
(4.672
The original consolidated financial statements included herein are in
the Indonesian language.
PT BANK BUKOPIN TBK.
AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS
Years Ended December 31, 2008 and 2006
With Comparative Figures For 2007
(Expressed in millions of Rupiah,
unless otherwise stated)
PT BANK BUKOPIN TBK.
DAN ANAK-ANAK PERUSAHAAN
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN
Tahun yang Berakhir pada Tanggal-tanggal
31 Desember 2008 dan 2006
Dengan Angka Perbandingan Untuk 2007
(Disajikan dalam jutaan Rupiah,
kecuali dinyatakan lain)
7.
SURAT-SURAT BERHARGA (lanjutan)
7.
MARKETABLE SECURITIES (continued)
b. Berdasarkan tujuan, penerbit, dan mata
uang (lanjutan)
b. By
purpose,
(continued)
Pada tahun 2008, obligasi yang diterbitkan
telah jatuh tempo dan telah dilunasi. Pada
tahun 2007 dan 2006, Bank menggunakan
obligasi yang dimiliki hingga jatuh tempo
sebagai dana cadangan pelunasan obligasi
yang telah diterbitkan (Catatan 22) sebagai
berikut (nilai nominal):
2008
2006
180.987
115.000
Negara Republik Indonesia
-
50.000
40.723
35.000
28.000
12.500
PT Japfa Comfeed Indonesia Tbk
PT Jasa Marga (Persero)
PT Bank Permata Tbk
-
25.000
25.000
PT Wahana Ottomitra Multiartha Tbk
-
25.000
25.000
PT Adira Dinamika Multi Finance Tbk
-
20.290
13.000
-
PT Bank Ekspor Indonesia (Persero)
PT Bank DKI
-
11.309
10.000
-
PT Bank Tabungan Negara (Persero)
PT Bank Pan Indonesia Tbk
-
10.000
10.000
-
PT Bank Mayapada Internasional Tbk
PT BNI Securities
-
3.000
1.000
3
7.000
-
PT Federal International Finance
PT BPD Jawa Timur
PT Aplikanusa Lintasarta
-
435.312
212.500
c. By purpose, rating, and currency
Nilai tercatat (dimiliki hingga jatuh
tempo)/Nilai wajar (diperdagangkan)/
Carrying value (held-to-maturity)/Fair
value (trading)
Peringkat/Rating
Rupiah:
Dimiliki hingga jatuh tempo
Sertifikat
Bank Indonesia
Obligasi
Pemerintah
Obligasi Ritel Indonesia
Sertifikat Wadiah
Bank Indonesia
PT Bakrie Land
Development Tbk
PT Japfa Comfeed
Indonesia Tbk
PT Bank Mega Tbk
PT Bank Pan
Indonesia Tbk
PT Jasa Marga (Persero)
PT Bank Permata Tbk
PT Federal International
Finance
PT Bank OCBC NISP Tbk
PT Wahana Ottomitra
Multiartha Tbk
PT Adira Dinamika
Multi Finance Tbk
PT Bank DKI
PT BNI Securities
currency
-
c. Berdasarkan tujuan, peringkat, dan mata
uang
2008
and
In 2008, the bonds issued have been matured
and settled. In 2007 and 2006, the Bank used
the held-to-maturity bonds as part of a sinking
fund established for the marketable securities
issued (Note 22) as follows (nominal value):
2007
Negara Republik Indonesia
PT Japfa Comfeed
Indonesia Tbk
PT Jasa Marga (Persero)
PT Bank Permata Tbk
PT Wahana Ottomitra
Multiartha Tbk
PT Adira Dinamika Multi
Finance Tbk
PT Bank Ekspor
Indonesia (Persero)
PT Bank DKI
PT Bank Tabungan
Negara (Persero)
PT Bank Pan Indonesia Tbk
PT Bank Mayapada
Internasional Tbk
PT BNI Securities
PT Federal International
Finance
PT BPD Jawa Timur
PT Aplikanusa Lintasarta
issuer,
2007
2006
2008
2007
2006
-
-
-
3.279.096
5.828.937
9.926.692
-
-
-
411.532
223.848
331.779
-
123.419
-
-
-
-
80.000
119.000
73.000
BBB+
-
-
75.000
-
-
BBB+
A+
BBB+
-
-
50.000
50.000
50.000
-
-
A+
A
AA+
A-
A+
A-
50.000
40.300
35.000
10.000
40.723
35.000
30.453
35.000
AAA+
A+
-
A+
-
32.000
24.959
3.000
-
7.000
-
A+
A-
A-
22.000
25.000
25.000
AAABBB
A+
BBB+
BBB+
A
-
15.000
13.000
10.000
25.000
13.000
10.000
25.000
-
59
Rupiah:
Held-to-maturity
Bank Indonesia
Certificates
Government bonds
Indonesia Retail Bond
Wadiah Bank
Indonesia Certificates
PT Bakrie Land
Development Tbk
PT Japfa Comfeed
Indonesia Tbk
PT Bank Mega Tbk
PT Bank Pan Indonesia Tbk
PT Jasa Marga (Persero)
PT Bank Permata Tbk
PT Federal International
Finance
PT Bank OCBC NISP Tbk
PT Wahana Ottomitra
Multiartha Tbk
PT Adira Dinamika
Multi Finance Tbk
PT Bank DKI
PT BNI Securities
The original consolidated financial statements included herein are in
the Indonesian language.
PT BANK BUKOPIN TBK.
AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS
Years Ended December 31, 2008 and 2006
With Comparative Figures For 2007
(Expressed in millions of Rupiah,
unless otherwise stated)
PT BANK BUKOPIN TBK.
DAN ANAK-ANAK PERUSAHAAN
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN
Tahun yang Berakhir pada Tanggal-tanggal
31 Desember 2008 dan 2006
Dengan Angka Perbandingan Untuk 2007
(Disajikan dalam jutaan Rupiah,
kecuali dinyatakan lain)
7.
SURAT-SURAT BERHARGA (lanjutan)
c.
7.
Berdasarkan tujuan, peringkat, dan mata
uang (lanjutan)
MARKETABLE SECURITIES (continued)
c. By purpose, rating, and currency (continued)
Nilai tercatat (dimiliki hingga jatuh
tempo)/Nilai wajar (diperdagangkan)/
Carrying value (held–to-maturity)/Fair
value (trading)
Peringkat/Rating
2008
PT Bank Mayapada
International Tbk
PT Indosat Tbk.
PT Bank Ekspor
Indonesia (Persero)
PT Bosowa Trading
International
PT Aplikanusa Lintasarta
PT Bank Syariah Mandiri
PT BPD Jawa Timur
PT Bank Tabungan
Negara (Persero)
Diperdagangkan
Obligasi Ritel Indonesia
PT Bank Ekspor
Indonesia (Persero)
PT Bank Tabungan
Negara (Persero)
PT Jasa Marga (Persero)
2007
2006
2008
Diperdagangkan:
PGN Euro Finance 2003
Limited
PT Bank CIMB Niaga Tbk
(dahulu PT Bank Niaga Tbk)
dan PT Bank Lippo Tbk)
Seri INDO 0014
2006
Baa1
-
-
10.000
10.000
10.000
-
-
A+
A-
A-
9.000
20.290
9.000
-
BBB+
A-
BBB+
A-
8.298
3
-
5.819
3
20.000
1.000
4.811
3
20.000
1.000
-
A+
-
-
11.309
-
4.449.036
6.559.860
10.280.378
-
-
-
-
113.549
82.858
-
-
A-
-
-
11.165
-
-
A
A+
-
-
11.110
11.073
Jumlah
Dolar Amerika Serikat
Dimiliki hingga jatuh tempo
Obligasi Pemerintah
PT Bank CIMB Niaga Tbk
(dahulu PT Bank Niaga Tbk
dan PT Bank Lippo Tbk)
PT Mitindo Paper
Plastic Industry
PT Bank Negara
Indonesia
(Persero) Tbk
PT Bank Mandiri
(Persero) Tbk
PT Sri Rejeki Tekstil
PGN Euro
Finance 2003 Limited
2007
A2
AA+
-
113.549
116.206
4.449.036
6.673.409
10.396.584
-
-
-
8.360
A-
-
-
10.900
-
-
-
-
-
1.725
-
-
Ba3
-
-
49.306
-
-
Ba3
-
-
-
9.430
292
Ba3
-
-
54.940
-
74.200
1.725
60.681
27.507
Ba3
-
-
28.707
-
Ba2
-
-
-
9.640
7.291
Jumlah
Penyisihan kerugian
45.638
43.752
47.363
104.433
4.523.236
6.720.772
10.501.017
Peringkat untuk obligasi yang terdaftar di Bursa
Efek lndonesia (dahulu Bursa Efek Surabaya)
berdasarkan peringkat yang dilaporkan oleh PT
Pemeringkat
Efek
Indonesia
(Pefindo),
sedangkan peringkat untuk obligasi lain yang
tidak terdaftar di Bursa Efek Indonesia
berdasarkan peringkat obligasi yang dilaporkan
oleh Moody’s dan Standard & Poor’s.
(5.164)
6.715.608
PT Bank Negara Indonesia
(Persero) Tbk
PT Bank Mandiri
(Persero) Tbk
PT Sri Rejeki Tekstil
Trading:
PGN Euro Finance 2003
Limited
PT Bank CIMB Niaga Tbk
(formerly PT Bank Niaga Tbk
9.189
and PT Bank Lippo Tbk)
7.056
INDO 0014 series
-
(5.204)
Total
- PGN Euro Finance 2003 Limited
74.200
4.518.032
Trading
Indonesia Retail Bonds
PT Bank Ekspor
Indonesia (Persero)
PT Bank Tabungan
Negara (Persero)
PT Jasa Marga (Persero)
United States Dollar:
Held-to-maturity
Government bonds
PT Bank CIMB Niaga Tbk
(formerly PT Bank Niaga Tbk
and PT Bank Lippo Tbk)
PT Mitindo Paper
1.653
Plastic Industry
-
-
PT Bank Mayapada
International Tbk
PT Indosat Tbk
PT Bank Ekspor
Indonesia (Persero)
PT Bosowa Trading
International
PT Aplikanusa Lintasarta
PT Bank Syariah Mandiri
PT BPD Jawa Timur
PT Bank Tabungan
Negara (Persero)
(4.672)
Total
Allowance for losses
10.496.345
The ratings of the bonds which are registered in
the Indonesia Stock Exchange (formerly
Surabaya Stock Exchange) are determined by
PT Pemeringkat Efek Indonesia (Pefindo) and the
ratings of the bonds which are not registered in
the Indonesia Stock Exchange are determined by
Moody’s and Standard & Poor’s.
60
The original consolidated financial statements included herein are in
the Indonesian language.
PT BANK BUKOPIN TBK.
AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS
Years Ended December 31, 2008 and 2006
With Comparative Figures For 2007
(Expressed in millions of Rupiah,
unless otherwise stated)
PT BANK BUKOPIN TBK.
DAN ANAK-ANAK PERUSAHAAN
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN
Tahun yang Berakhir pada Tanggal-tanggal
31 Desember 2008 dan 2006
Dengan Angka Perbandingan Untuk 2007
(Disajikan dalam jutaan Rupiah,
kecuali dinyatakan lain)
7.
SURAT-SURAT BERHARGA (lanjutan)
d.
7.
Berdasarkan jatuh tempo
d. By maturity
2008
Pihak ketiga:
Rupiah:
≤ 1 bulan
> 1 - 3 bulan
> 3 bulan - 1 tahun
> 1 - 5 tahun
> 5 - 10 tahun
> 10 tahun
Dolar Amerika Serikat:
≤ 1 bulan
> 1 - 5 tahun
> 5 - 10 tahun
Jumlah
Penyisihan kerugian
2007
2006
3.410.397
3.900
110.073
739.010
185.656
-
5.964.321
56.970
476.915
124.821
50.382
10.115.900
4.811
4.000
165.411
55.059
51.403
4.449.036
6.673.409
10.396.584
54.940
19.260
1.725
45.638
45.697
58.736
74.200
47.363
104.433
4.523.236
6.720.772
10.501.017
(5.164
)
(5.204)
4.518.032
e.
MARKETABLE SECURITIES (continued)
6.715.608
Berdasarkan surat berharga pemerintah
dan bukan pemerintah
2008
Surat berharga Pemerintah:
Sertifikat Bank Indonesia
Oblligasi Pemerintah
Obligasi Ritel Indonesia
Sertifikat Wadiah Bank
Indonesia
Obligasi Seri INDO 2014
Surat berharga bukan Pemerintah:
PT Bakrie Land
Development Tbk
PGN Euro Finance 2003
Limited
PT Japfa Comfeed
Indonesia Tbk
PT Bank Mega Tbk
PT Bank Pan Indonesia Tbk
PT Jasa Marga (Persero)
PT Bank Permata Tbk
PT Federal International
Finance
PT Bank OCBC NISP Tbk
PT Wahana Ottomitra
Multiartha Tbk
PT Adira Dinamika Multi
Finance Tbk
Third parties:
Rupiah:
≤ 1 month
> 1 - 3 months
> 3 months - 1 year
> 1 - 5 years
> 5 - 10 years
> 10 years
United States Dollar:
≤ 1 month
> 1 - 5 year
> 5 - 10 years
Total
(4.672
10.496.345
e.
By government
securities
2007
and
non
government
2006
3.279.096
411.532
223.848
331.779
113.549
5.828.937
123.419
82.858
80.000
8.360
119.000
7.291
73.000
7.056
4.002.836
6.400.556
10.213.025
Government securities:
9.926.692
Government bonds
Indonesia Retail Bond
Wadiah Bank Indonesia Certificates
Obligasi Seri INDO 2014
Non-government securities:
75.000
-
-
PT Bakrie Land Development Tbk
54.940
28.707
27.507
PGN Euro Finance 2003 Limited
50.000
50.000
50.000
-
-
PT Japfa Comfeed Indonesia Tbk
PT Bank Mega Tbk
50.000
40.300
10.000
40.723
41.526
35.000
35.000
35.000
PT Bank Permata Tbk
32.000
24.959
3.000
-
7.000
-
PT Federal International Finance
PT Bank OCBC NISP Tbk
22.000
25.000
25.000
PT Wahana Ottomitra Multiartha Tbk
15.000
25.000
25.000
PT Adira Dinamika Multi Finance Tbk
61
)
The original consolidated financial statements included herein are in
the Indonesian language.
PT BANK BUKOPIN TBK.
AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS
Years Ended December 31, 2008 and 2006
With Comparative Figures For 2007
(Expressed in millions of Rupiah,
unless otherwise stated)
PT BANK BUKOPIN TBK.
DAN ANAK-ANAK PERUSAHAAN
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN
Tahun yang Berakhir pada Tanggal-tanggal
31 Desember 2008 dan 2006
Dengan Angka Perbandingan Untuk 2007
(Disajikan dalam jutaan Rupiah,
kecuali dinyatakan lain)
7.
SURAT-SURAT BERHARGA (lanjutan)
e.
7.
Berdasarkan surat berharga pemerintah
dan bukan pemerintah (lanjutan)
2008
Surat berharga bukan
Pemerintah (lanjutan):
PT Bank DKI
PT BNI Securities
PT Bank Mayapada
Internasional Tbk
PT Bank CIMB Niaga Tbk
(dahulu PT Bank Niaga Tbk
dan PT Bank Lippo Tbk)
PT Bosowa Trading
International Tbk
PT Indosat Tbk
PT Bank Ekspor Indonesia
(Persero)
PT Aplikanusa Lintasarta
PT Bank Syariah Mandiri
PT Bank Tabungan Negara
(Persero)
PT BPD Jawa Timur
PT Mitindo Paper Plastic
Industry
PT Sri Rejeki Tekstil
PT Bank Negara Indonesia
(Persero) Tbk
PT Bank Mandiri
(Persero) Tbk
Jumlah
Penyisihan kerugian
e.
-
10.000
10.000
-
10.900
9.640
9.189
PT Bank Mayapada Internasional Tbk
PT Bank CIMB Niaga Tbk
(formerly PT Bank Niaga Tbk
and PT Bank Lippo Tbk)
8.298
10.000
5.819
-
4.811
-
PT Bosowa Trading International Tbk
PT Indosat Tbk
9.000
20.290
20.165
3
PT Bank Ekspor Indonesia (Persero)
PT Aplikanusa Lintasarta
PT Bank Syariah Mandiri
3
-
20.000
20.000
-
11.309
1.000
11.110
1.000
PT Bank Tabungan Negara (Persero)
PT BPD Jawa Timur
-
1.725
-
1.653
292
-
-
49.306
PT Mitindo Paper Plastic Industry
PT Sri Rejeki Tekstil
PT Bank Negara Indonesia
(Persero) Tbk
-
-
9.430
PT Bank Mandiri (Persero) Tbk
3
520.400
320.216
287.992
4.523.236
6.720.772
10.501.017
(5.164
)
(5.204)
6.715.608
Total
(4.672
10.496.345
f.
2008
Dolar Amerika Serikat:
Oblligasi korporasi
Oblligasi Pemerintah
Non-government securities
(continued):
PT Bank DKI
PT BNI Securities
13.000
10.000
By collectibility
All marketable securities as at December 31,
2008, 2007, and 2006 are classified as Current,
except for the export bills of PT Mitindo Paper
Plastic Industry which was classified as Loss
amounting Rp1,725 and Rp1,653 in 2007 and
2006, respectively.
Tingkat suku bunga rata-rata per tahun:
Sertifikat Bank Indonesia
11,72%
Certificates
government
13.000
10.000
Berdasarkan kolektibilitas
Rupiah:
Wesel SKBDN
Oblligasi korporasi
Oblligasi Pemerintah
- suku bunga tetap
non
2006
Pada tanggal-tanggal 31 Desember 2008,
2007, dan 2006, seluruh surat-surat berharga
diklasifikasikan Lancar, kecuali tagihan wesel
ekspor PT Mitindo Paper Plastic Industry yang
diklasifikasikan Macet masing-masing sebesar
Rp1.725 dan Rp1.653 pada tahun 2007 dan
2006.
g.
By government and
securities (continued)
2007
4.518.032
f.
MARKETABLE SECURITIES (continued)
g. Average annual interest rates:
2007
2006
13,23%
11,08%
14,23%
12,78%
13,20%
13,29%
9,10%
12,79%
13,38%
9,06%
Rupiah:
Domestic letters of credit (SKBDN)
Corporate bonds
Government bonds
- fixed rate
Bank Indonesia
7,66%
7,30%
8,60%
62
8,10%
United States Dollar:
Corporate bonds
Government bonds
The original consolidated financial statements included herein are in
the Indonesian language.
PT BANK BUKOPIN TBK.
AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS
Years Ended December 31, 2008 and 2006
With Comparative Figures For 2007
(Expressed in millions of Rupiah,
unless otherwise stated)
PT BANK BUKOPIN TBK.
DAN ANAK-ANAK PERUSAHAAN
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN
Tahun yang Berakhir pada Tanggal-tanggal
31 Desember 2008 dan 2006
Dengan Angka Perbandingan Untuk 2007
(Disajikan dalam jutaan Rupiah,
kecuali dinyatakan lain)
- suku bunga tetap
7,75%
7,75%
63
5,19%
- fixed rate
The original consolidated financial statements included herein are in
the Indonesian language.
PT BANK BUKOPIN TBK.
AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS
Years Ended December 31, 2008 and 2006
With Comparative Figures For 2007
(Expressed in millions of Rupiah,
unless otherwise stated)
PT BANK BUKOPIN TBK.
DAN ANAK-ANAK PERUSAHAAN
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN
Tahun yang Berakhir pada Tanggal-tanggal
31 Desember 2008 dan 2006
Dengan Angka Perbandingan Untuk 2007
(Disajikan dalam jutaan Rupiah,
kecuali dinyatakan lain)
7.
SURAT-SURAT BERHARGA (lanjutan)
h.
7.
Perubahan penyisihan kerugian
h. Movements in allowance for losses
2008
Rupiah:
Saldo awal
Penyisihan selama
tahun berjalan (Catatan 32)
Dolar Amerika Serikat:
Saldo awal
(Pemulihan) penyisihan selama
tahun berjalan (Catatan 32)
Selisih kurs karena penjabaran
mata uang asing
8.
MARKETABLE SECURITIES (continued)
2007
3.015
2006
2.018
1.447
997
824
4.462
3.015
2.018
2.149
2.654
1.276
(1.438)
Rupiah:
Beginning balance
Provision
during the year (Note 32)
1.194
(619)
United States Dollar:
Beginning balance
(Reversal) provision
during the year (Note 32)
1.519
31
114
(141)
742
2.149
2.654
5.204
5.164
4.672
Foreign exchange translation
Manajemen berpendapat bahwa penyisihan
kerugian yang dibentuk telah memadai.
Management believe that the allowance for
losses is adequate.
Berdasarkan
Surat
Bank
Indonesia
No. 10/177/DpG/DPNP tanggal 9 Oktober 2008
perihal penetapan nilai wajar dan Reklasifikasi
Surat Utang Negara (SUN), pada tanggal 29
Oktober 2008, Bank telah melakukan
reklasifikasi surat berharga diperdagangkan
dengan nilai nominal sebesar Rp22.250 ke
surat berharga dimiliki hingga jatuh tempo.
Nilai wajar surat berharga diperdagangkan
pada tanggal reklasifikasi sebesar Rp19.379.
Apabila surat berharga tersebut tetap
diklasifikasikan
sebagai
surat
berharga
diperdagangkan, maka nilai wajar per 31
Desember 2008 adalah sebesar Rp21.976
sehingga memiliki dampak terhadap laporan
laba rugi konsolidasian sebesar Rp2.597.
Based
on
Bank
Indonesia
Letter
No. 10/177/DpG/DPNP dated on October 9,
2008 in connection with fair value and
reclassification of Surat Utang Negara (SUN),
on October 29, 2008, the Bank has reclassed
trading marketable securities with face value of
Rp22,250 to held-to-maturity marketable
securities. Fair value of trading marketable
securities on reclassification date was
Rp19,379. If the marketable securities
remained as trading marketable securities, fair
value as of December 31, 2008 would be
Rp21,976 and will affect consolidated
statement of income for Rp2,597.
SURAT-SURAT BERHARGA YANG
DENGAN JANJI DIJUAL KEMBALI
Jangka
waktu/
Period
Tanggal
dimulai/
Start date
DIBELI
8.
MARKETABLE SECURITIES PURCHASED WITH
AGREEMENTS TO RESELL
Harga jual
kembali/
Reselling
price
Tanggal
jatuh tempo/
Due date
Bunga yang
belum
direalisasi/
Unrealized
interest
Nilai
bersih/
Net value
Rupiah:
Rupiah:
2008
2008
PT Mandiri Sekuritas
Obligasi Pemerintah
PT Mandiri Sekuritas
Government Bonds
- Seri FR040
42 hari/days
- Seri FR044
22 hari/days
- Seri FR048
22 hari/days
- Seri FR039
22 hari/days
- Seri FR028
22 hari/days
27 Nov./
Nov. 2008
4 Des./
Dec. 2008
4 Des./
Dec. 2008
11 Des./
Dec. 2008
11 Des./
Dec. 2008
8 Jan./
Jan. 2009
13 Jan./
Jan. 2009
13 Jan./
Jan. 2009
12 Jan./
Jan. 2009
12 Jan./
Jan. 2009
64
17.680
-
17.680
Series FR040 -
6.658
4
6.654
Series FR044 -
33.950
50
33.900
Series FR048 -
8.620
10
8.610
Series FR039 -
17.258
29
17.229
Series FR028 -
84.166
93
84.073
The original consolidated financial statements included herein are in
the Indonesian language.
PT BANK BUKOPIN TBK.
AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS
Years Ended December 31, 2008 and 2006
With Comparative Figures For 2007
(Expressed in millions of Rupiah,
unless otherwise stated)
PT BANK BUKOPIN TBK.
DAN ANAK-ANAK PERUSAHAAN
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN
Tahun yang Berakhir pada Tanggal-tanggal
31 Desember 2008 dan 2006
Dengan Angka Perbandingan Untuk 2007
(Disajikan dalam jutaan Rupiah,
kecuali dinyatakan lain)
8.
SURAT-SURAT BERHARGA YANG DIBELI
DENGAN JANJI DIJUAL KEMBALI (lanjutan)
Jangka
waktu/
Period
Tanggal
dimulai/
Start date
8.
MARKETABLE SECURITIES PURCHASED WITH
AGREEMENTS TO RESELL (continued)
Harga jual
kembali/
Reselling
price
Tanggal
jatuh tempo/
Due date
Bunga yang
belum
direalisasi/
Unrealized
interest
Nilai
bersih/
Net value
Rupiah:
2007
PT Mandiri Sekuritas
Obligasi Pemerintah
- Seri FR036
2006
PT Mandiri Sekuritas
Obligasi Pemerintah
- Seri FR040
Rupiah:
2007
22 hari/days
18 Des./
Dec. 2007
9 Jan./
Jan. 2007
21 hari/days
15 Des./
Dec. 2007
5 Jan./
Jan. 2007
33.042
9
25.957
10
33.033
PT Mandiri Sekuritas
Government Bonds Series FR036
25.947
2006
PT Mandiri Sekuritas
Government Bonds Series FR040
Dolar Amerika Serikat:
United State Dollar:
2008
2008
PT Mandiri Sekuritas
Obligasi Pemerintah
- Seri Indo 14
9.
79 hari/days
16 Des./
Dec. 2008
5 Mar./
March. 2009
26.814
TAGIHAN DAN KEWAJIBAN DERIVATIF
9.
Rincian transaksi derivatif atas swap dan forward
dan kontrak berjangka mata uang asing pada
tanggal 31 Desember 2008, 2007, dan 2006 adalah
sebagai berikut:
-
26.814
PT Mandiri Sekuritas
Government Bonds Series Indo 14
DERIVATIVE RECEIVABLES AND PAYABLES
Details of foreign currency swaps and forward as at
December 31, 2008, 2007, and 2006 are as follows:
2008
Nilai Kontrak/
Contract
Amount
Pihak
Pihak ketiga
Swap mata uang asing
Dolar Amerika Serikat
Citibank N.A., Jakarta
Standard Chartered Bank, Jakarta
Yen Jepang
Standard Chartered Bank,
Singapura
Sumitomo Mitsui Banking
Corporation, Singapura
Euro
Sumitomo Mitsui Banking
Corporation, Singapura
Standard Chartered Bank, Jakarta
PT Bank Ekspor Indonesia
(Persero)
Sumitomo Mitsui Banking
Corporation, Jakarta
Tagihan
Derivatif/
Derivative
Receivables
Nilai Wajar/
Fair Value
Third parties
Foreign currency swap
United States Dollar
Citibank N.A., Jakarta
- Standard Chartered Bank, Jakarta
8.516
4.634
8.516
4.634
1.817
33
33
-
2.458
(*)
(*)
-
Japanese Yen
Standard Chartered Bank,
Singapore
Sumitomo Mitsui Banking
Corporation, Singapore
Euro
4.738
55.500
110
(1.000)
110
-
55.450
(950)
-
16.632
(282)
-
304
13.293
Sumitomo Mitsui Banking
Corporation, Singapore
1.000 Standard Chartered Bank, Jakarta
PT Bank Ekspor Indonesia
950
(Persero)
Sumitomo Mitsui Banking
282
Corporation, Jakarta
2.232
(1)
-
1
11.060
13.293
2.233
Penyisihan kerugian
(133)
13.160
*)
Counterparties
337.367
170.650
11.061
Pihak yang mempunyai hubungan
istimewa
Kontrak berjangka mata uang asing
Dolar Amerika Serikat
Pejabat eksekutif
Kewajiban
Derivatif/
Derivative
Payables
Kurang dari Rp1
*)
65
Less than Rp1
2.233
Related parties
Foreign currency forward
United States Dollar
Executive officers
Allowance for losses
The original consolidated financial statements included herein are in
the Indonesian language.
PT BANK BUKOPIN TBK.
AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS
Years Ended December 31, 2008 and 2006
With Comparative Figures For 2007
(Expressed in millions of Rupiah,
unless otherwise stated)
PT BANK BUKOPIN TBK.
DAN ANAK-ANAK PERUSAHAAN
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN
Tahun yang Berakhir pada Tanggal-tanggal
31 Desember 2008 dan 2006
Dengan Angka Perbandingan Untuk 2007
(Disajikan dalam jutaan Rupiah,
kecuali dinyatakan lain)
9.
TAGIHAN
(lanjutan)
DAN
KEWAJIBAN
DERIVATIF
9.
DERIVATIVE RECEIVABLES AND PAYABLES
(continued)
2007
Pihak
Pihak ketiga
Dolar Amerika Serikat
Standard Chartered Bank, Jakarta
PT Bank Artha Graha
Internasional Tbk
PT Bank Permata Tbk
PT Bank DBS Indonesia
PT Bank Mandiri (Persero) Tbk
PT Bank Danamon Indonesia Tbk
PT Bank Negara
Indonesia (Persero) Tbk
PT Bank DBS Indonesia
PT Bank Permata Tbk
PT Bank Mandiri (Persero) Tbk
PT Bank Danamon Indonesia Tbk
PT Bank Negara
Indonesia (Persero) Tbk
Nilai Kontrak/
Contract
Amount
Tagihan
Derivatif/
Derivative
Receivables
Nilai Wajar/
Fair Value
Kewajiban
Derivatif/
Derivative
Payables
Counterparties
47.240
268
268
-
18.558
75.320
75.296
65.891
47.065
235
164
140
129
92
235
164
140
129
92
-
47.060
122.339
75.328
65.891
47.068
88
(211)
(172)
(129)
(95)
88
-
211
172
129
95
47.065
(92)
417
Penyisihan kerugian
-
92
1.116
699
(17)
1.099
-
Third parties
United States Dollar
Standard Chartered Bank, Jakarta
PT Bank Artha Graha
Internasional Tbk
PT Bank Permata Tbk
PT Bank DBS Indonesia
PT Bank Mandiri (Persero) Tbk
PT Bank Danamon Indonesia Tbk
PT Bank Negara
Indonesia (Persero) Tbk
PT Bank DBS Indonesia
PT Bank Permata Tbk
PT Bank Mandiri (Persero) Tbk
PT Bank Danamon Indonesia Tbk
PT Bank Negara
Indonesia (Persero) Tbk
Allowance for losses
699
2006
Pihak
Pihak ketiga
Dolar Amerika Serikat:
PT Bank Mandiri (Persero) Tbk
Deutsche Bank AG, Jakarta
Standard Chartered Bank, Jakarta
PT Bank DBS Indonesia
PT Bank Sumitomo Mitsui
Indonesia
Yen Jepang
PT Bank Sumitomo Mitsui
Corporation, Singapura
Nilai Kontrak/
Contract
Amount
Nilai Wajar/
Fair Value
Tagihan
Derivatif/
Derivative
Receivables
Kewajiban
Derivatif/
Derivative
Payables
Counterparties
90.790
45.500
45.395
45.195
760
485
374
180
760
485
374
180
-
45.160
145
145
-
107.395
(260)
1.684
Penyisihan kerugian
-
260
1.944
260
(19)
1.925
-
Third parties
United States Dollar
PT Bank Mandiri (Persero) Tbk
Deutsche Bank AG, Jakarta
Standard Chartered Bank, Jakarta
PT Bank DBS Indonesia
PT Bank Sumitomo Mitsui
Indonesia
Japanese Yen
PT Bank Sumitomo Mitsui
Corporation, Singapura
Allowance for losses
260
Kontrak-kontrak tersebut di atas jatuh tempo pada
berbagai tanggal dan terakhir pada tanggal 10
Maret 2009 (2007: 14 Januari 2008; 2006: 4 Januari
2007).
These contracts have various due dates and the
latest being March 10, 2009 (2007: January 14,
2008; 2006: January 4, 2007).
Seluruh tagihan derivatif diklasifikasikan lancar
pada tanggal 31 Desember 2008, 2007, dan 2006.
All derivative receivables as at December 31, 2008,
2007, and 2006 are classified as current.
66
The original consolidated financial statements included herein are in
the Indonesian language.
PT BANK BUKOPIN TBK.
AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS
Years Ended December 31, 2008 and 2006
With Comparative Figures For 2007
(Expressed in millions of Rupiah,
unless otherwise stated)
PT BANK BUKOPIN TBK.
DAN ANAK-ANAK PERUSAHAAN
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN
Tahun yang Berakhir pada Tanggal-tanggal
31 Desember 2008 dan 2006
Dengan Angka Perbandingan Untuk 2007
(Disajikan dalam jutaan Rupiah,
kecuali dinyatakan lain)
9.
TAGIHAN
(lanjutan)
DAN
KEWAJIBAN
DERIVATIF
9.
DERIVATIVE RECEIVABLES AND PAYABLE
(continued)
Perubahan penyisihan kerugian tagihan derivatif
adalah sebagai berikut:
Movements in allowance for losses on derivative
receivables are as follows:
2008
Saldo awal
Penyisihan (pemulihan) selama
tahun berjalan (Catatan 32)
2007
17
6
116
(2)
13
133
17
19
Manajemen
berpendapat
bahwa
penyisihan
kerugian yang dibentuk telah memadai.
Berdasarkan
kolektibilitas
mata
Beginning balance
Provision (reversal)
during the year (Note 32)
Management believes that the allowance for losses
is adequate.
10. KREDIT YANG DIBERIKAN
a.
2006
19
10. LOANS
uang,
jenis,
dan
a. By currency, type, and collectibility
2008
Lancar/
Current
Dalam
Perhatian
Khusus/
Special
Mention
Kurang
Lancar/
Substandard
Diragukan/
Doubtful
Macet/
Loss
Jumlah/
Total
Rupiah:
Modal kerja
Investasi
Konsumsi
Program permerintah
Sindikasi
Direksi dan karyawan
Bank lain
11.997.453
3.965.882
1.820.739
1.036.164
221.386
51.524
9.160
273.529
333.781
160.180
88.730
-
57.604
254.695
16.109
10.676
-
22.446
24.502
14.074
7.970
-
391.528
147.743
78.849
90.564
-
12.742.560
4.726.603
2.089.951
1.234.104
221.386
51.524
9.160
Jumlah Rupiah
Penyisihan kerugian
19.102.308
(440.886)
856.220
(15.614)
339.084
(2.728)
68.992
(8.433)
708.684
(155.846)
21.075.288
(623.507)
Bersih
18.661.422
840.606
336.356
60.559
552.838
20.451.781
Net
819.863
878.785
230.771
37.315
-
-
-
-
819.863
916.100
230.771
Foreign currencies:
Working capital
Investment
Syndicated
1.929.419
(16.458)
37.315
(700)
-
-
-
1.966.734
(17.158)
Total foreign currencies
Allowance for losses
Net
Mata uang asing:
Modal kerja
Investasi
Sindikasi
Jumlah mata uang asing
Penyisihan kerugian
Bersih
1.912.961
36.615
-
-
-
1.949.576
20.574.383
877.221
336.356
60.559
552.838
22.401.357
67
Rupiah:
Working capital
Investment
Consumer
Government program
Syndicated
Directors and employees
Other banks
Total Rupiah
Allowance for losses
The original consolidated financial statements included herein are in
the Indonesian language.
PT BANK BUKOPIN TBK.
AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS
Years Ended December 31, 2008 and 2006
With Comparative Figures For 2007
(Expressed in millions of Rupiah,
unless otherwise stated)
PT BANK BUKOPIN TBK.
DAN ANAK-ANAK PERUSAHAAN
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN
Tahun yang Berakhir pada Tanggal-tanggal
31 Desember 2008 dan 2006
Dengan Angka Perbandingan Untuk 2007
(Disajikan dalam jutaan Rupiah,
kecuali dinyatakan lain)
10. KREDIT YANG DIBERIKAN (lanjutan)
a.
Berdasarkan mata uang,
kolektibilitas (lanjutan)
10. LOANS (continued)
jenis,
dan
a. By currency,
(continued)
type,
and
collectibility
2007
Lancar/
Current
Dalam
Perhatian
Khusus/
Special
Mention
Kurang
Lancar/
Substandard
Diragukan/
Doubtful
Macet/
Loss
Jumlah/
Total
Rupiah:
Modal kerja
Investasi
Konsumsi
Program permerintah
Sindikasi
Direksi dan karyawan
Bank lain
10.976.872
3.233.650
1.493.908
732.996
93.100
39.277
14.117
221.847
92.511
102.921
24.625
-
21.457
33.276
11.599
5.568
-
16.516
16.507
13.766
7.596
-
245.325
149.278
61.395
101.268
-
11.482.017
3.525.222
1.683.589
872.053
93.100
39.277
14.117
Jumlah Rupiah
Penyisihan kerugian
16.583.920
(105.410)
441.904
(19.327)
71.900
(2.351)
54.385
(6.307)
557.266
(198.337)
17.709.375
(331.732)
Bersih
16.478.510
422.577
69.549
48.078
358.929
17.377.643
Net
Foreign currencies:
Working capital
Investment
Syndicated
Mata uang asing:
Modal kerja
Investasi
Sindikasi
Jumlah mata uang asing
Penyisihan kerugian
Bersih
528.778
770.110
139.655
-
-
-
-
528.778
770.110
139.655
1.438.543
(14.844)
-
-
-
-
1.438.543
(14.844)
1.423.699
-
-
-
-
1.423.699
17.902.209
422.577
69.549
48.078
358.929
18.801.342
Rupiah:
Working capital
Investment
Consumer
Government program
Syndicated
Directors and employees
Other banks
Total Rupiah
Allowance for losses
Total foreign currencies
Allowance for losses
Net
2006
Lancar/
Current
Rupiah:
Modal kerja
Investasi
Konsumsi
Program permerintah
Sindikasi
Direksi dan karyawan
Bank lain
Subordinasi
Dalam
Perhatian
Khusus/
Special
Mention
Kurang
Lancar/
Substandard
Diragukan/
Doubtful
Macet/
Loss
Jumlah/
Total
Rupiah:
Working capital
Investment
Consumer
Government program
Syndicated
Directors and employees
Other banks
Subordinated
8.467.898
2.110.604
1.069.951
668.218
190.962
12.836
21.353
514
316.659
215.852
68.849
30.294
-
9.742
21.506
8.685
3.579
-
57.404
3.967
8.645
7.921
-
97.072
159.736
46.144
87.526
33.200
-
8.948.775
2.511.665
1.202.274
797.538
224.162
12.836
21.353
514
Jumlah Rupiah
Penyisihan kerugian
12.542.336
(75.674)
631.654
(11.680)
43.512
(1.763)
77.937
(12.153)
423.678
(163.792)
13.719.117
(265.062)
Bersih
12.466.662
619.974
41.749
65.784
259.886
13.454.055
Net
436.007
491.039
36.012
812
Foreign currencies:
Working capital
Investment
Syndicated
Consumer
Mata uang asing:
Modal kerja
Investasi
Sindikasi
Konsumsi
436.007
491.039
36.012
812
Jumlah mata uang asing 963.870
Penyisihan kerugian
(9.330)
Bersih
-
-
-
-
-
-
-
963.870
-
Total foreign currencies
(9.330)
Allowance for losses
954.540
-
-
-
-
954.540
13.421.202
619.974
41.749
65.784
259.886
14.408.595
68
Total Rupiah
Allowance for losses
Net
The original consolidated financial statements included herein are in
the Indonesian language.
PT BANK BUKOPIN TBK.
AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS
Years Ended December 31, 2008 and 2006
With Comparative Figures For 2007
(Expressed in millions of Rupiah,
unless otherwise stated)
PT BANK BUKOPIN TBK.
DAN ANAK-ANAK PERUSAHAAN
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN
Tahun yang Berakhir pada Tanggal-tanggal
31 Desember 2008 dan 2006
Dengan Angka Perbandingan Untuk 2007
(Disajikan dalam jutaan Rupiah,
kecuali dinyatakan lain)
10. KREDIT YANG DIBERIKAN (lanjutan)
b.
10. LOANS (continued)
Berdasarkan sektor ekonomi
b. By economic sector
2008
Lancar/
Current
Rupiah:
Perdagangan
Jasa
Konstruksi
Pertanian
Manufaktur
Transportasi
Tenaga listrik
Pertambangan
Lain-lain
Dalam
Perhatian
Khusus/
Special
Mention
Kurang
Lancar/
Substandard
Diragukan/
Doubtful
Macet/
Loss
Jumlah/
Total
Rupiah:
Trading
Business service
Construction
Agriculture
Manufacturing
Transportation
Power supply
Mining
Others
8.063.753
3.508.429
2.626.123
985.185
768.970
722.172
478.380
42.518
1.906.778
123.603
242.436
178.817
10.686
85.471
54.688
338
160.181
11.768
7.831
14.322
275.018
11.944
2.099
16.102
11.520
35.444
1.708
666
2.377
1.251
529
1.425
14.072
135.385
47.184
239.496
72.660
111.715
23.119
20
258
78.847
8.346.029
3.841.324
3.060.466
1.344.215
980.477
803.329
478.929
44.539
2.175.980
Jumlah Rupiah
Penyisihan kerugian
19.102.308
(440.886)
856.220
(15.614)
339.084
(2.728)
68.992
(8.433 )
708.684
(155.846 )
21.075.288
(623.507)
Bersih
18.661.422
840.606
336.356
60.559
552.838
20.451.781
Net
261.570
356.274
556.635
29.144
74.043
45.540
643.528
Foreign currencies:
Trading
Business service
Construction
Manufacturing
Transportation
Power supply
Mining
Mata uang asing:
Perdagangan
Jasa
Konstruksi
Manufaktur
Transportasi
Tenaga listrik
Pertambangan
224.255
356.274
556.635
29.144
74.043
45.540
643.528
37.315
-
Jumlah mata uang asing 1.929.419
37.315
Penyisihan kerugian
(16.458)
Bersih
-
-
(700)
-
-
1.966.734
-
-
Total Rupiah
Allowance for losses
Total foreign currencies
(17.158)
Allowance for losses
1.912.961
36.615
-
-
-
1.949.576
20.574.383
877.221
336.356
60.559
552.838
22.401.357
Net
2007
Lancar/
Current
Rupiah:
Perdagangan
Jasa
Konstruksi
Pertanian
Manufaktur
Transportasi
Tenaga listrik
Pertambangan
Lain-lain
Dalam
Perhatian
Khusus/
Special
Mention
Kurang
Lancar/
Substandard
Diragukan/
Doubtful
Macet/
Loss
Jumlah/
Total
Rupiah:
Trading
Business Service
Construction
Agriculture
Manufacturing
Transportation
Power supply
Mining
Others
7.748.910
2.884.729
2.022.414
1.050.883
601.563
512.764
198.293
32.172
1.532.192
50.160
36.089
168.897
17.362
46.060
19.387
103.949
18.962
4.079
26.100
2.300
3.256
5.063
51
12.089
10.516
17.567
1.097
1.868
1.816
7.068
340
14.113
104.868
49.576
125.666
73.484
113.311
16.295
11.623
62.443
7.933.416
2.992.040
2.344.174
1.145.897
766.006
560.577
209.967
32.512
1.724.786
Jumlah Rupiah
Penyisihan kerugian
16.583.920
(105.410)
441.904
(19.327)
71.900
(2.351)
54.385
(6.307)
557.266
(198.337)
17.709.375
(331.732)
Bersih
16.478.510
422.577
69.549
48.078
358.929
17.377.643
Net
Foreign currencies:
Trading
Business service
Construction
Manufacturing
Transportation
Power supply
Mining
Mata uang asing:
Perdagangan
Jasa
Konstruksi
Manufaktur
Transportasi
Tenaga listrik
Pertambangan
Jumlah mata uang asing
Penyisihan kerugian
Bersih
221.100
114.425
312.285
45.603
50.447
45.274
649.409
-
-
-
-
221.100
114.425
312.285
45.603
50.447
45.274
649.409
1.438.543
(14.844)
-
-
-
-
1.438.543
(14.844)
1.423.699
-
-
-
-
1.423.699
17.902.209
422.577
69.549
48.078
358.929
18.801.342
69
Total Rupiah
Allowance for losses
Total foreign currencies
Allowance for losses
Net
The original consolidated financial statements included herein are in
the Indonesian language.
PT BANK BUKOPIN TBK.
AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS
Years Ended December 31, 2008 and 2006
With Comparative Figures For 2007
(Expressed in millions of Rupiah,
unless otherwise stated)
PT BANK BUKOPIN TBK.
DAN ANAK-ANAK PERUSAHAAN
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN
Tahun yang Berakhir pada Tanggal-tanggal
31 Desember 2008 dan 2006
Dengan Angka Perbandingan Untuk 2007
(Disajikan dalam jutaan Rupiah,
kecuali dinyatakan lain)
10. KREDIT YANG DIBERIKAN (lanjutan)
b.
10. LOANS (continued)
Berdasarkan sektor ekonomi (lanjutan)
b. By economic sector (continued)
2006
Lancar/
Current
Rupiah:
Perdagangan
Jasa
Konstruksi
Pertanian
Manufaktur
Transportasi
Tenaga listrik
Pertambangan
Lain-lain
Kurang
Lancar/
Substandard
Diragukan/
Doubtful
Macet/
Loss
Jumlah/
Total
6.019.365
2.206.059
1.333.332
530.945
624.617
529.528
174.339
34.018
1.090.133
34.751
50.033
253.200
174.921
32.995
14.190
71.564
4.988
7.674
170
101
15.308
6.238
242
8.791
56.325
3.584
1.130
1.687
3.348
2.797
50
9.016
48.353
25.716
70.311
117.714
97.197
7.412
9.844
47.131
6.163.782
2.293.066
1.658.143
825.368
773.465
560.165
174.339
44.154
1.226.635
Jumlah Rupiah
Penyisihan kerugian
12.542.336
(75.674)
631.654
(11.680)
43.512
(1.763)
77.937
(12.153)
423.678
(163.792)
13.719.117
(265.062)
Bersih
12.466.662
619.974
41.749
65.784
259.886
13.454.055
Mata uang asing:
Perdagangan
Jasa
Konstruksi
Manufaktur
Transportasi
Tenaga listrik
Pertambangan
Lain-lain
216.396
101.062
117.413
148.774
52.609
23.090
303.714
812
-
-
-
-
216.396
101.062
117.413
148.774
52.609
23.090
303.714
812
Jumlah mata uang asing
Penyisihan kerugian
963.870
(9.330)
-
-
-
-
963.870
(9.330)
Bersih
c.
Dalam
Perhatian
Khusus/
Special
Mention
954.540
-
-
-
-
954.540
13.421.202
619.974
41.749
65.784
259.886
14.408.595
Berdasarkan jangka waktu
Mata uang asing:
≤ 1 tahun
> 1 - 2 tahun
> 2 - 5 tahun
> 5 tahun
Jumlah
Penyisihan kerugian
Total Rupiah
Allowance for losses
Foreign currencies:
Trading
Business service
Construction
Manufacturing
Transportation
Power supply
Mining
Others
Total foreign currencies
Allowance for losses
Net
c. By maturity
2008
Rupiah:
≤ 1 tahun
> 1 - 2 tahun
> 2 - 5 tahun
> 5 tahun
Rupiah:
Trading
Business Service
Construction
Agriculture
Manufacturing
Transportation
Power supply
Mining
Others
2007
2006
9.705.480
1.579.455
6.103.665
3.686.688
8.994.696
984.528
4.707.311
3.022.840
7.193.314
752.003
3.545.972
2.227.828
21.075.288
17.709.375
13.719.117
694.622
183.663
459.306
629.143
478.499
40.155
543.982
375.907
178.095
174.312
467.583
143.880
1.966.734
1.438.543
963.870
23.042.022
19.147.918
(640.665)
14.682.987
(346.576
)
18.801.342
14.408.595
22.401.357
70
Rupiah:
≤ 1 year
> 1 - 2 years
> 2 - 5 years
> 5 years
Foreign currencies:
≤ 1 year
> 1 - 2 years
> 2 - 5 years
> 5 years
(274.392
Total
)
The original consolidated financial statements included herein are in
the Indonesian language.
PT BANK BUKOPIN TBK.
AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS
Years Ended December 31, 2008 and 2006
With Comparative Figures For 2007
(Expressed in millions of Rupiah,
unless otherwise stated)
PT BANK BUKOPIN TBK.
DAN ANAK-ANAK PERUSAHAAN
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN
Tahun yang Berakhir pada Tanggal-tanggal
31 Desember 2008 dan 2006
Dengan Angka Perbandingan Untuk 2007
(Disajikan dalam jutaan Rupiah,
kecuali dinyatakan lain)
10. KREDIT YANG DIBERIKAN (lanjutan)
d.
10. LOANS (continued)
Berdasarkan sisa umur jatuh tempo
d. By remaining period to maturity
2008
Rupiah:
≤ 1 tahun
> 1 - 2 tahun
> 2 - 5 tahun
> 5 tahun
Mata uang asing:
≤ 1 tahun
> 1 - 2 tahun
> 2 - 5 tahun
> 5 tahun
Jumlah
Penyisihan kerugian
2007
11.247.888
2.078.157
4.704.771
3.044.472
9.975.153
1.665.960
3.980.777
2.087.485
8.183.909
1.141.829
2.840.948
1.552.431
21.075.288
17.709.375
13.719.117
610.577
257.488
558.237
540.432
577.785
61.660
456.971
342.127
276.190
307.904
254.920
124.856
1.966.734
1.438.543
963.870
23.042.022
19.147.918
(640.665)
14.682.987
(346.576
)
18.801.342
14.408.595
22.401.357
e.
Kredit yang bermasalah
Kurang lancar
Diragukan
Macet
Jumlah kredit yang diberikan dan
pembiayaan/piutang Syariah
Persentase kredit bermasalah
yang diberikan dan
pembiayaan/piutang
Syariah - kotor
Persentase kredit bermasalah
yang diberikan dan
pembiayaan/piutang
Syariah - bersih
2007
Foreign currencies:
≤ 1 year
> 1 - 2 years
> 2 - 5 years
> 5 years
Total
(274.392
)
2006
339.084
68.992
708.684
71.900
54.385
557.266
43.512
77.937
423.678
1.116.760
683.551
545.127
23.042.022
19.147.918
14.682.987
Sub-standard
Doubtful
Loss
Total loans and Sha
4,85%
3,57%
4,12%
2,49%
Pembiayaan Syariah
f.
Rincian pembiayaan/piutang Syariah pada
tanggal 31 Desember 2008, 2007, dan 2006
adalah sebagai berikut:
2008
Piutang Murabahah
Pembiayaan Mudharabah
Piutang Musyarakah
Piutang Istisna
Piutang Qardh
Rupiah:
≤ 1 year
> 1 - 2 years
> 2 - 5 years
> 5 years
e. Non-performing loan
2008
f.
2006
receivables
3,71%
Percentage of non-performing loans
(NPL) and Sharia financing/
receivables - gross
3,71%
Percentage of non-performing loans
(NPL) and Sharia financing/
receivables - net
Sharia financing
As at December 31, 2008, 2007, and 2006 the
details of Sharia financing/receivables are as
follows:
2007
2006
672.676
67.436
74.301
2.425
602
368.393
69.331
20.607
14
300.013
60.593
1.790
710
817.440
458.345
363.106
71
Murabahah receivables
Mudharabah financing
Musyarakah receivables
Istisna receivables
Qardh receivables
The original consolidated financial statements included herein are in
the Indonesian language.
PT BANK BUKOPIN TBK.
AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS
Years Ended December 31, 2008 and 2006
With Comparative Figures For 2007
(Expressed in millions of Rupiah,
unless otherwise stated)
PT BANK BUKOPIN TBK.
DAN ANAK-ANAK PERUSAHAAN
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN
Tahun yang Berakhir pada Tanggal-tanggal
31 Desember 2008 dan 2006
Dengan Angka Perbandingan Untuk 2007
(Disajikan dalam jutaan Rupiah,
kecuali dinyatakan lain)
10. KREDIT YANG DIBERIKAN (lanjutan)
g.
10. LOANS (continued)
Kredit sindikasi
g. Syndicated loans
Kredit sindikasi merupakan kredit yang
diberikan kepada nasabah di bawah perjanjian
pembiayaan bersama dengan bank-bank lain.
Keikutsertaan Bank sebagai anggota sindikasi
dengan persentase penyertaan pada tahun
2008 berkisar antara 2% sampai dengan 71%
(2007: berkisar antara 20% sampai dengan
80%; 2006: berkisar antara 16% sampai
dengan 85%) dari jumlah kredit sindikasi.
Risiko atas kredit sindikasi ditanggung secara
proporsional oleh bank-bank peserta.
h.
Syndicated loans represent loans provided to
customers under syndication agreements with
other banks. The Bank’s shares as a member
in syndicated loans were 2% to 71% in 2008
(2007: 20% to 80%; 2006: 16% to 85%) of the
total syndicated loans. Risks from syndicated
loans are shared proportionately by the
participating banks.
Tingkat bunga
h. Interest rates
Suku bunga rata-rata per tahun untuk kredit
yang diberikan dalam Rupiah pada tahun 2008
adalah 14,60% (2007: 16,33%; 2006: 17,99%).
Untuk kredit yang diberikan dalam mata uang
asing suku bunga rata-rata pada tahun 2008
adalah 7,52% (2007: 7,43%; 2006: 7,33%).
i.
Kredit kepada pihak
hubungan istimewa
yang
Average annual interest rates of loans for
Rupiah in 2008 was 14.60% (2007: 16.33%;
2006: 17.99%). Average annual interest rates
of loans in foreign currency in 2008 was 7.52%
(2007: 7.43%; 2006: 7.33%).
memiliki
i.
Kredit
yang
diberikan
termasuk
pembiayaan/piutang Syariah kepada pihakpihak yang mempunyai hubungan istimewa
pada tanggal 31 Desember 2008 adalah
sebesar Rp30.303 (2007: Rp5.428.750; 2006:
Rp4.731.910) (Catatan 38). Rincian kredit yang
diberikan kepada pihak yang mempunyai
hubungan istimewa berdasarkan jenis adalah
sebagai berikut:
2008
Modal kerja
Investasi
Bank lain
Subordinasi
Direksi, Dewan Komisaris,
Dewan Pengawas Syariah
dan Pejabat Eksekutif
Jumlah
Penyisihan kerugian
Loans to related parties
Loans to related parties including Sharia
financing/receivables as at December 31, 2008
amounted to Rp30,303 (2007: Rp5,428,750;
2006: Rp4,731,910) (Note 38). The details of
loans to related parties based on type of loan
are as follows:
2007
12.143
4.410
-
2006
5.403.668
10.602
-
4.718.648
5.361
1.548
514
13.750
14.480
5.839
Working capital
Investments
Other banks
Subordinated,
Directors, Commissioners
Sharia Supervisory Board
and Executive Officers
30.303
5.428.750
4.731.910
)
Total
(191
(303)
30.000
(379
5.428.371
72
4.731.719
)
The original consolidated financial statements included herein are in
the Indonesian language.
PT BANK BUKOPIN TBK.
AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS
Years Ended December 31, 2008 and 2006
With Comparative Figures For 2007
(Expressed in millions of Rupiah,
unless otherwise stated)
PT BANK BUKOPIN TBK.
DAN ANAK-ANAK PERUSAHAAN
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN
Tahun yang Berakhir pada Tanggal-tanggal
31 Desember 2008 dan 2006
Dengan Angka Perbandingan Untuk 2007
(Disajikan dalam jutaan Rupiah,
kecuali dinyatakan lain)
10. KREDIT YANG DIBERIKAN (lanjutan)
i.
Kredit kepada pihak yang
hubungan istimewa (lanjutan)
10. LOANS (continued)
memiliki
i.
Kredit modal kerja termasuk pembiayaan
pengelolaan
komoditi
Pemerintah
yang
ditugaskan kepada Badan Urusan
Logistik
(BULOG) sebesar Rp5.003.321 pada tanggal
31 Desember 2007 (2006: Rp4.550.488).
Berdasarkan instruksi Presiden Republik
Indonesia No. 8 tahun 1990, kredit tersebut
dijamin oleh Menteri Keuangan Republik
Indonesia dan dikecualikan dalam perhitungan
Batas Maksimum Pemberian Kredit (BMPK)
sesuai ketentuan Bank Indonesia.
Working capital loans include commodity
financing loan for the Government assigned to
the National Logistics Agency (BULOG)
amouting to Rp5,003,321 as of December 31,
2007 (2006: Rp4,550,488), respectively. Based
on Presidential Instruction of the Republic of
Indonesia No. 8 year 1990, these loans are
guaranteed by the Ministry of Finance of the
Republic of Indonesia and are excluded from
the computation of the Legal Lending Limit
(LLL) based on Bank Indonesia regulations.
As of December 31, 2008, Badan Urusan
Logistik (BULOG) was not categorized as the
Bank’s related party due to no same
management.
Per 31 Desember 2008, Badan Urusan Logistik
(BULOG) tidak dikategorikan sebagai pihak
yang memiliki hubungan istimewa karena tidak
ada kepengurusan manajemen yang sama.
j.
Perubahan penyisihan kerugian
j.
Perubahan penyisihan kerugian kredit yang
diberikan dan pembiayaan/piutang Syariah
adalah sebagai berikut:
2008
Saldo awal tahun
Penerimaan kembali kredit yang
telah dihapusbukukan
Penyisihan selama
tahun berjalan (Catatan 32)
Penghapusbukuan
Lain-lain *)
Loans to related parties (continued)
Movements in the allowance for losses
The movements in allowance for losses of
loans and Sharia financing/receivables are as
follows:
2007
2006
346.576
274.392
186.985
Balance at beginning of year
37.821
104.134
129.213
20.555
(55.896)
3.391
123.773
(164.821)
(758)
Recoveries from written-off loans
Provision during
the year (Note 32)
Write-off
Others *)
346.576
274.392
58.775
(102.097)
299.590
640.665
*) Di dalam lain-lain termasuk selisih kurs karena penjabaran mata
uang asing dan penyisihan kredit yang dibeli dari BPI (Catatan
10n).
*) Included in others are foreign exchange translation and allowance
for losses for oans portfolio purchased from BPI (Note 10n).
Di dalam saldo penyisihan kerugian termasuk
penyisihan
kerugian
pembiayaan/piutang
Syariah sebesar Rp8.567 (2007: Rp5.105;
2006: Rp4.437).
Included in allowance for losses is for Sharia
financing/receivables amounted to Rp8,567
(2007: Rp5,105; 2006: Rp4,437).
73
The original consolidated financial statements included herein are in
the Indonesian language.
PT BANK BUKOPIN TBK.
AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS
Years Ended December 31, 2008 and 2006
With Comparative Figures For 2007
(Expressed in millions of Rupiah,
unless otherwise stated)
PT BANK BUKOPIN TBK.
DAN ANAK-ANAK PERUSAHAAN
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN
Tahun yang Berakhir pada Tanggal-tanggal
31 Desember 2008 dan 2006
Dengan Angka Perbandingan Untuk 2007
(Disajikan dalam jutaan Rupiah,
kecuali dinyatakan lain)
10. KREDIT YANG DIBERIKAN (lanjutan)
j.
10. LOANS (continued)
Perubahan penyisihan kerugian kredit yang
diberikan (lanjutan)
j.
Manajemen berpendapat bahwa penyisihan
kerugian yang dibentuk telah memadai.
k.
Management believes that the allowance for
losses is adequate.
Kredit yang direstrukturisasi
k. Restructured loans
Kredit yang telah direstrukturisasi sampai
dengan 31 Desember 2008 adalah sebesar
Rp1.626.435
(2007:
Rp581.309;
2006:
Rp531.903). Restrukturisasi tersebut dilakukan
dengan cara perpanjangan masa pelunasan
kredit dan perubahan persentase tingkat
bunga. Penyisihan kerugian untuk kredit dalam
proses
restrukturisasi
adalah
sebesar
Rp106.818 (2007: Rp5.553; 2006: Rp965).
l.
Restructured loans as of December 31, 2008
amounted to Rp1,626,435 (2007: Rp581,309;
2006: Rp531,903). The terms of restructuring
consist of extension of payment maturity dates
modification of interest rate. The allowance for
losses for loans under restructuring process
amounted to Rp106,818 (2007: Rp5,553; 2006:
Rp965).
Piutang pembiayaan konsumen
l.
Piutang
pembiayaan
konsumen
anak
perusahaan
setelah
dikurangi
dengan
pendapatan pembiayaan konsumen yang
belum diakui pada tanggal 31 Desember 2008
adaIah Rp24.835 (2007: Rp9.226; 2006:
RpNihil)
Consumer financing receivables
The subsidiary consumer financing receivables
balance after net of unearned consumer
financing income as at December 31, 2008
amounted to Rp24,835 (2007: Rp9,226; 2006:
RpNil).
m. Kredit yang dihapus buku
m. Loans written-off
Ikhtisar kredit yang dihapus buku pada tanggal
31 Desember 2008, 2007, dan 2006 adalah
sebagai berikut:
2008
Saldo awal tahun
Penghapusbukuan
Penerimaan kembali kredit yang
telah dihapusbukukan
Potongan pelunasan kredit
hapus buku
Selisih kurs karena penjabaran
mata uang asing
Movements in the allowance for losses
(continued)
As at December 31, 2008, 2007, and 2006, a
summary of loans written-off is as follows:
2007
1.493.026
102.097
(37.821)
2006
1.541.255
55.896
(104.134)
-
-
-
9
1.557.302
1.493.026
,
74
1.525.060
164.821
(129.213)
Balance at beginning of year
Write-off
(18.928)
Recoveries from written-off loans
Discounts on settlements of
written-off loans
(485)
Foreign exchange translation
1.541.255
The original consolidated financial statements included herein are in
the Indonesian language.
PT BANK BUKOPIN TBK.
AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS
Years Ended December 31, 2008 and 2006
With Comparative Figures For 2007
(Expressed in millions of Rupiah,
unless otherwise stated)
PT BANK BUKOPIN TBK.
DAN ANAK-ANAK PERUSAHAAN
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN
Tahun yang Berakhir pada Tanggal-tanggal
31 Desember 2008 dan 2006
Dengan Angka Perbandingan Untuk 2007
(Disajikan dalam jutaan Rupiah,
kecuali dinyatakan lain)
10. KREDIT YANG DIBERIKAN (lanjutan)
n.
10. LOANS (continued)
Kredit yang dibeli dari BPI
n.
Loans purchased from BPI
Bank telah melakukan perjanjian pembelian
atas sejumlah portofolio kredit dari BPI.
Portofolio kredit tersebut dijamin dengan giro
dari BPI.
The Bank has entered into assets sale
agreements with BPI. The asset acquired is a
portfolio loans from BPI. These loans are
secured with BPI’s current accounts.
Pembelian portofolio kredit ini dilakukan dalam
beberapa tahap. Tahap I sebesar Rp78.688
dilakukan pada tanggal 9 Agustus 2005, tahap
II sebesar Rp132.012 dilakukan pada tanggal
12 Agustus 2005 dan tahap III sebesar
Rp93.432 dilakukan pada tanggal 31 Juli 2007.
The loan purchase was conducted in several
tranches. Tranche I amounting to Rp78,688
was performed on August 9, 2005, tranche II
amounting to Rp132,012 was performed on
August 12, 2005, and tranche Ill amounting to
Rp93,432 was performed on July 31, 2007.
Perjanjian ini telah sesuai dengan Akta
Perjanjian Pengalihan Akta Piutang No. 8
tertanggal 9 Agustus 2005, No. 18 tertanggal
12 Agustus 2005, dan No. 55 tertanggal 31 Juli
2007 dari Notaris Tetty Herawati Soebroto,
S.H..
These agreements were notarized in the Asset
Sale Agreement No. 8 dated August 9, 2005,
No. 18 dated August 12, 2005, and No. 55
dated July 31, 2007 of Notary Tetty Herawati
Soebroto, S.H..
Pada tanggal 31 Desember 2007 dan 2006,
saldo portofolio kredit ini adalah sebesar
Rp304.132 dan Rp210.700. Pada laporan
keuangan konsolidasian Bank untuk tahun
yang berakhir pada tanggal 31 Desember 2007
dan 2006, seluruh portfolio kredit ini
diklasifikasikan sebagai lancar dengan agunan
tunai (Catatan 19a). Pada tanggal 31
Desember 2008, seluruh portofolio kredit ini
dieliminasi
untuk
laporan
keuangan
konsolidasian.
As at December 31, 2007 and 2006, the
balance of these loans were Rp304,132 and
Rp210,700. In the consolidated financial
statements of the Bank for the years ended
December 31, 2007 and 2006, these loans
were classified as current with cash collateral
(Note 19a). As at December 31, 2008, the loan
portfolio is eliminated for consolidated financial
statements.
Pada tanggal 31 Desember 2008, saldo
portofolio kredit yang dibeli dari BPI adalah
sebesar Rp298.449. Seperti yang telah
diungkapkan dalam Catatan 1c, sejak tanggal
31 Maret 2008, laporan keuangan BPI telah
dikonsolidasikan kedalam laporan keuangan
konsolidasian Bank sehubungan dengan
akuisisi 2.000.000.000 lembar saham seri C
senilai Rp100.000. Pada saat laporan
keuangan dikonsolidasi, agunan tunai dari BPI
dieliminasi, dan Bank membentuk 100%
penyisihan
kerugian berdasarkan saldo
tersebut. Penyisihan kerugian yang dibentuk
tersebut diperhitungkan sebagai penyesuaian
nilai wajar atas kredit yang diberikan dan
menjadi bagian dari goodwill yang diakui pada
saat akuisisi.
As at December 31, 2008, the loan portfolio
purchased from BPI is amounting to
Rp298,449. As described in Note 1c, since
March 31, 2008, BPI’s financial statements
have been consolidated to the Bank’s
consolidated financial statements in relation
with the acquisition of 2,000,000,000 series C
shares with total of Rp100,000. When the
financial statements are consolidated, cash
collateral from BPI is eliminated, and Bank
provided for 100% allowance for losses based
on the outstanding balance. The allowance for
losses is considered as adjustment on fair
value of the loans and became part of the
recognized goodwill during the acquisition.
75
The original consolidated financial statements included herein are in
the Indonesian language.
PT BANK BUKOPIN TBK.
AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS
Years Ended December 31, 2008 and 2006
With Comparative Figures For 2007
(Expressed in millions of Rupiah,
unless otherwise stated)
PT BANK BUKOPIN TBK.
DAN ANAK-ANAK PERUSAHAAN
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN
Tahun yang Berakhir pada Tanggal-tanggal
31 Desember 2008 dan 2006
Dengan Angka Perbandingan Untuk 2007
(Disajikan dalam jutaan Rupiah,
kecuali dinyatakan lain)
10. KREDIT YANG DIBERIKAN (lanjutan)
o.
10. LOANS (continued)
Informasi signifikan lainnya sehubungan
dengan kredit yang diberikan
o.
i.
Dalam
laporan
Batas
Maksimum
Pemberian Kredit (BMPK) pada tanggal
31 Desember 2008, 2007, dan 2006
kepada Bank Indonesia tidak terdapat
pelampauan BMPK baik kepada pihak
terkait dan pihak tidak terkait.
i.
Based on the Legal Lending Limit (LLL)
reports submitted to Bank Indonesia as at
December 31, 2008, 2007, and 2006 there
are no loan to related parties or third party
debtors that exceeds BI’s legal lending
limit requirements.
ii.
Kredit yang diberikan dijamin dengan
agunan
yang
diikat
dengan
hak
tanggungan
atau
surat
kuasa
membebankan hak tanggungan atau surat
kuasa untuk menjual, atau jaminan lain
yang umumnya diterima oleh Bank.
Jumlah
giro,
tabungan,
deposito
berjangka, dan giro dari bank lain yang
dijadikan sebagai jaminan kredit disajikan
masing-masing pada Catatan 16, 17, 18,
dan
19
atas
laporan
keuangan
konsolidasian.
ii.
Certain loans are secured by registered
mortgages, powers of attorney to sell, or
by other guarantees acceptable to the
Bank. The amounts of demand deposits,
savings deposit, time deposits, and
deposits from other banks pledged as
collateral to the loan facilities granted by
the Bank to such customers are disclosed
in Notes 16, 17, 18, and 19 to the
consolidated financial statements.
iii.
Kredit modal kerja merupakan
rekening koran, cerukan, dan
reguler.
iii.
Working capital loans consist of demand
loans, overdraft, and regular loan facilities.
iv.
Kredit konsumsi terdiri dari kredit
pemilikan rumah, kredit pemilikan mobil,
dan kredit perorangan termasuk kredit
yang dijamin dengan agunan tunai.
iv. Consumer loans consist of housing, car,
and personal loans including cash
collateral loans.
v.
Kredit program Pemerintah terdiri dari
kredit usaha tani, kredit investasi, kredit
modal kerja, kredit program kepada sektor
koperasi, dan kredit pemilikan rumah.
v.
kredit
kredit
11. TAGIHAN DAN KEWAJIBAN AKSEPTASI
a.
Other significant information relating to
loans
11. ACCEPTANCE RECEIVABLES AND PAYABLES
Berdasarkan pihak dan mata uang
a.
2008
Pihak ketiga
Rupiah
Government program loans consist of
farming loans, investment loans, working
capital loans, cooperative loans, and
housing loans.
By counterparties and currency
2007
2006
Third parties
-
-
13.602
Mata uang asing
Dolar Amerika Serikat
Yen Jepang
Euro
134.870
-
69.372
8.458
-
47.053
4.906
Foreign currencies
United States Dollar
Japanese Yen
Euro
Jumlah
134.870
77.830
51.959
Total
134.870
Penyisihan kerugian
77.830
(1.168)
(642
133.702
77.188
76
65.561
)
64.905
(656
The original consolidated financial statements included herein are in
the Indonesian language.
PT BANK BUKOPIN TBK.
AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS
Years Ended December 31, 2008 and 2006
With Comparative Figures For 2007
(Expressed in millions of Rupiah,
unless otherwise stated)
PT BANK BUKOPIN TBK.
DAN ANAK-ANAK PERUSAHAAN
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN
Tahun yang Berakhir pada Tanggal-tanggal
31 Desember 2008 dan 2006
Dengan Angka Perbandingan Untuk 2007
(Disajikan dalam jutaan Rupiah,
kecuali dinyatakan lain)
11. TAGIHAN
(lanjutan)
b.
DAN
KEWAJIBAN
AKSEPTASI
11. ACCEPTANCE RECEIVABLES AND PAYABLES
(continued)
Berdasarkan sisa umur jatuh tempo
b. By remaining period to maturity
2008
2007
Pihak ketiga
Rupiah
1 - 3 bulan
2006
-
-
13.602
-
-
13.602
2.207
21.800
67.263
43.600
1.038
21.035
22.882
32.875
6.133
32.947
12.879
-
134.870
77.830
51.959
134.870
77.830
65.561
Mata uang asing
≤ 1 bulan
1 - 3 bulan
3 - 6 bulan
6 - 12 bulan
Penyisihan kerugian
(1.168)
(642)
133.702
77.188
Jumlah seluruh saldo kewajiban akseptasi
adalah sama seperti yang tercatat dalam saldo
akun tagihan akseptasi sebelum dikurangi
penyisihan kerugian pada tanggal 31
Desember 2008, 2007, dan 2006.
c.
Berdasarkan kolektibilitas
Allowance for losses
64.905
c. By collectibility
All acceptance receivables as at December 31,
2008, 2007, and 2006 are classified as current.
Perubahan penyisihan kerugian
d. Movement in allowance for losses
Perubahan penyisihan kerugian atas tagihan
akseptasi adalah sebagai benikut:
2008
Saldo awal tahun
Penyisihan (pemulihan) selama
tahun berjalan (Catatan 32)
Selisih kurs karena penjabaran
mata uang asing
Foreign currencies
≤ 1 month
1 - 3 months
3 - 6 months
6 - 12 months
Acceptance payables represent the same
amount as acceptance receivables before
allowance for losses as at December 31, 2008,
2007, and 2006.
Kolektibilitas
atas
tagihan
akseptasi
berdasarkan kualitasnya adalah lancar pada
tanggal 31 Desember 2008, 2007, dan 2006.
d.
(656)
Third party
Rupiah
1 - 3 months
The changes in allowance for losses on
acceptance receivables are as follows:
2007
2006
642
656
377
393
(34)
309
Balance at beginning of year
Provision (reversal) during
the year (Note 32)
133
20
(30)
Foreign exchange translation
1.168
642
656
Manajemen berpendapat bahwa
penyisihan kerugian telah memadai.
jumlah
Management believes that the allowance for
losses is adequate.
77
The original consolidated financial statements included herein are in
the Indonesian language.
PT BANK BUKOPIN TBK.
AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS
Years Ended December 31, 2008 and 2006
With Comparative Figures For 2007
(Expressed in millions of Rupiah,
unless otherwise stated)
PT BANK BUKOPIN TBK.
DAN ANAK-ANAK PERUSAHAAN
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN
Tahun yang Berakhir pada Tanggal-tanggal
31 Desember 2008 dan 2006
Dengan Angka Perbandingan Untuk 2007
(Disajikan dalam jutaan Rupiah,
kecuali dinyatakan lain)
12. PENYERTAAN
12. INVESTMENTS
Rincian penyertaan pada tanggal 31 Desember
2008 adalah sebagai berikut:
Nama Perusahaan
Metode biava
Simpanan di koperasi:
Koperasi Asuransi
Indonesia
Koperasi Jasa Audit
Nasional
Kepemilikan saham:
PT Bank Madya Dhaha
Ekonorni - Kediri (BPR)
PT Aplikanusa Lintasarta
Jenis
Usaha/
Nature of
Business
Persentase
Kepemilikan
Percentage of
Ownership
Koperasi/
Cooperation
Koperasi/
Cooperation
Investments as at December 31, 2008 consist of
the following:
Akumulasi
Ekuitas atas
Bagian Laba
(Rugi)/
Accumulated
Equity in
Income
(Loss)
Biaya
Perolehan/
Cost
Nilai Tercatat/
Carrying Value
Company Name
-
528
-
528
-
8
-
8
Cost method
Deposits in cooperatives:
Koperasi Asuransi
Indonesia
Koperasi Jasa Audit
Nasional
400
Shares of stock:
PT Bank Madya Dhaha
Ekonorni - Kediri (BPR)
15
PT Aplikanusa Lintasarta
Bank
Jasa Komunikasi/
Communication
Services
16,02%
400
-
0,02%
15
-
951
(539)
Penyisihan kerugian
Allowance for losses
412
Rincian penyertaan pada tanggal 31 Desember
2007 adalah sebagai berikut:
Nama Perusahaan
Metode ekuitas
PT Bank Persyarikatan
Indonesia
Metode biava
Simpanan di koperasi:
Koperasi Asuransi
Indonesia
Koperasi Jasa Audit
Nasional
Kepemilikan saham:
PT Bank Madya Dhaha
Ekonomi - Kediri (BPR)
PT Aplikanusa Lintasarta
Jenis
Usaha/
Nature of
Business
Bank
Koperasi/
Cooperation
Koperasi/
Cooperation
Persentase
Kepemilikan
Percentage of
Ownership
Investments as at December 31, 2007 consist of
the following:
Akumulasi
Ekuitas atas
Bagian Laba
(Rugi)/
Accumulated
Equity in
Income
(Loss)
Biaya
Perolehan/
Cost
24,73%
42.000
Nilai Tercatat/
Carrying Value
(6.311)
Company Name
35.689
-
528
-
528
-
8
-
8
Cost method
Deposits in cooperatives:
Koperasi Asuransi
Indonesia
Koperasi Jasa Audit
Nasional
16,02%
400
-
400
Shares of stock:
PT Bank Madya Dhaha
Ekonomi - Kediri (BPR)
0,02%
15
-
15
PT Aplikanusa Lintasarta
Bank
Jasa Komunikasi/
Communication
Services
Equity method
PT Bank Persyarikatan
Indonesia
951
Jumlah
Penyisihan kerugian
36.640
(1.130)
35.510
78
Total
Allowance for losses
The original consolidated financial statements included herein are in
the Indonesian language.
PT BANK BUKOPIN TBK.
AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS
Years Ended December 31, 2008 and 2006
With Comparative Figures For 2007
(Expressed in millions of Rupiah,
unless otherwise stated)
PT BANK BUKOPIN TBK.
DAN ANAK-ANAK PERUSAHAAN
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN
Tahun yang Berakhir pada Tanggal-tanggal
31 Desember 2008 dan 2006
Dengan Angka Perbandingan Untuk 2007
(Disajikan dalam jutaan Rupiah,
kecuali dinyatakan lain)
12. PENYERTAAN (lanjutan)
12. INVESTMENTS (continued)
Rincian penyertaan pada tanggal 31 Desember
2006 adalah sebagai berikut
Nama Perusahaan
Jenis
Usaha/
Nature of
Business
Metode ekuitas
PT Bank Persyarikatan
Indonesia
Bank
Metode biava
Simpanan di koperasi:
Koperasi Asuransi
Indonesia
Koperasi Jasa Audit
Nasional
Koperasi/
Cooperation
Koperasi/
Cooperation
Kepemilikan saham:
PT Bank Madya Dhaha
Ekonorni - Kediri (BPR)
PT Aplikanusa Lintasarta
Persentase
Kepemilikan
Percentage of
Ownership
Investments as at December 31, 2006 consist of
the following:
Akumulasi
Ekuitas atas
Bagian Laba
(Rugi)/
Accumulated
Equity in
Income
(Loss)
Biaya
Perolehan/
Cost
24.73%
42.000
Nilai Tercatat/
Carrying Value
(2.563)
Company Name
39.437
Equity method
PT Bank Persyarikatan
Indonesia
-
528
-
528
-
8
-
8
Cost method
Deposits in cooperatives:
Koperasi Asuransi
Indonesia
Koperasi Jasa Audit
Nasional
Bank
16,02%
400
-
400
Shares of stock:
PT Bank Madya Dhaha
Ekonorni - Kediri (BPR)
Jasa Komunikasi/
Communication
Services
0,02%
15
-
15
PT Aplikanusa Lintasarta
951
Jumlah
Penyisihan kerugian
40.388
(1.156)
Total
Allowance for losses
39.232
Pada 31 Maret 2008, Bank meningkatkan
kepemilikan pada BPI dengan cara membeli saham
seri C sebanyak 2.000.000.000 saham dengan nilai
nominal Rp50 (nilai penuh) per lembar saham
dimana akhirnya jumlah kepemilikan saham Bank
menjadi 65,44% (Catatan 1c).
On March 31, 2008, the Bank increased its
ownership in BPI by purchasing 2.000.000,000
series C shares with a price of Rp50 (full amount)
per share which made the total share ownership of
the Bank to be 65.44% (Note 1c).
Berdasarkan hasil evaluasi dan penelaahan
manajemen
Bank,
klasifikasi
penyertaan
berdasarkan
kualitas
pada
tanggal-tanggal
31 Desember 2008, 2007, dan 2006 adalah sebagai
berikut:
Based on managements evaluation and review, the
classification of investments as at December 31,
2008, 2007, and 2006 is as follows:
2008
2007
2006
Lancar
Diragukan
Macet
415
536
36.104
536
39.852
8
528
Jumlah
Penyisihan kerugian
951
(539)
36.640
(1.130)
40.388
(1.156)
412
35.510
39.232
Pada tanggal 31 Desember 2008 dan 2007,
penyertaan dengan kolektibilitas macet adalah
penyertaan simpanan di Koperasi Asuransi
Indonesia dan Koperasi Jasa Audit Nasional. Pada
tanggal 31 Desember 2006 penyertaan simpanan
Koperasi Jasa Audit Nasional dikategorikan
sebagai diragukan.
Current
Doubtful
Loss
Total
Allowance for losses
As at December 31, 2008 and 2007, investment in
Koperasi Asuransi Indonesia and Koperasi Jasa
Audit Nasional are classified as loss. As at
December 31, 2006, investment in Koperasi Jasa
Audit Nasional were classified as doubtful.
79
The original consolidated financial statements included herein are in
the Indonesian language.
PT BANK BUKOPIN TBK.
AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS
Years Ended December 31, 2008 and 2006
With Comparative Figures For 2007
(Expressed in millions of Rupiah,
unless otherwise stated)
PT BANK BUKOPIN TBK.
DAN ANAK-ANAK PERUSAHAAN
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN
Tahun yang Berakhir pada Tanggal-tanggal
31 Desember 2008 dan 2006
Dengan Angka Perbandingan Untuk 2007
(Disajikan dalam jutaan Rupiah,
kecuali dinyatakan lain)
12. PENYERTAAN (lanjutan)
12. INVESTMENTS (continued)
Simpanan pada koperasi terdiri dari simpanan
pokok, simpanan wajib, simpanan wajib khusus,
dan simpanan sukarela.
Deposits in cooperatives consist of principal,
compulsory, special compulsory, and voluntary
deposits.
Perubahan penyisihan kerugian penyertaan adalah
sebagai berikut:
The changes in allowance
investments are as follows:
2008
Saldo awal
(Pemulihan) penyisihan selama
tahun berjalan (Catatan 32)
2007
for
losses
on
2006
1.130
1.156
(591)
932
(26)
539
Balance at beginning of year
(Reversal) provision
during the year (Note 32)
224
1.130
1.156
Saldo penyisihan kerugian penyertaan yang wajib
dibentuk berdasarkan peraturan dari BI adalah
sebesar Rp539 pada tanggal 31 Desember 2008
(2007: Rp930; 2006: Rp 928).
The minimum allowance for losses on investments
that should be provided based on BI regulations
amounted to Rp539 as at December 31, 2008
(2007: Rp930 ; 2006: Rp928), respectively.
Manajemen berpendapat bahwa jumlah penyisihan
kerugian telah memadai.
Management believes that the allowance for losses
is adequate.
13. ASET TETAP
13. FIXED ASSETS
2008
Akuisisi
Anak
Perusahaan/
Acquisition
of
Subsidiary
Saldo Awal/
Beginning
Balance
Biaya perolehan
Pemilikan langsung:
Tanah
Bangunan
Perabot dan peralatan kantor
Kendaraan bermotor
Aktiva sewa guna:
Bangunan
Inventaris kantor
Akumulasi penyusutan
Pemilikan langsung:
Bangunan
Perabot dan peralatan kantor
Kendaraan bermotor
Aktiva sewa guna:
Bangunan
Inventaris kantor
Nilai buku bersih
Penambahan/
Additions
Pengurangan/
Deductions
Saldo Akhir/
Ending
Balance
91.658
184.052
7.674
6.891
19.659
54.551
7.305
6.427
111.686
239.067
287.637
10.952
1.509
8.021
68
61.418
451
8.475
12.078
-
-
-
-
-
574.299
24.095
135.696
22.658
711.432
36.208
4.398
15.050
4.194
51.462
208.017
8.083
1.004
6.407
1.480
35.506
427
7.628
10.140
-
-
-
-
-
252.308
11.809
52.036
12.249
321.991
348.601
Motor vehicles
Leased assets:
Building
Office inventory
Accumulated depreciation
Direct ownership
Building
Furniture, fixtures and
242.302
Motor vehicles
Leased assets:
Building
Office inventory
303.904
407.528
80
Cost
Direct ownership:
Land
Building
Furniture, fixtures and
Net book value
The original consolidated financial statements included herein are in
the Indonesian language.
PT BANK BUKOPIN TBK.
AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS
Years Ended December 31, 2008 and 2006
With Comparative Figures For 2007
(Expressed in millions of Rupiah,
unless otherwise stated)
PT BANK BUKOPIN TBK.
DAN ANAK-ANAK PERUSAHAAN
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN
Tahun yang Berakhir pada Tanggal-tanggal
31 Desember 2008 dan 2006
Dengan Angka Perbandingan Untuk 2007
(Disajikan dalam jutaan Rupiah,
kecuali dinyatakan lain)
13. ASET TETAP (lanjutan)
13. FIXED ASSETS (continued)
2007
Saldo Awal/
Beginning
Balance
Biaya perolehan
Pemilikan langsung:
Tanah
Bangunan
Perabot dan peralatan kantor
Kendaraan bermotor
Aktiva sewa guna:
Bangunan
Inventaris kantor
Akumulasi penyusutan
Pemilikan langsung:
Bangunan
Penambahan/
Additions
Saldo Akhir/
Ending
Balance
Pengurangan/
Deductions
91.514
107.741
144
76.311
-
91.658
184.052
265.264
12.138
24.997
27
2.624
1.213
287.637
10.952
-
-
-
-
476.657
101.479
3.837
574.299
24.258
11.950
-
36.208
Perabot dan peralatan kantor
Kendaraan bermotor
Aktiva sewa guna:
Bangunan
Inventaris kantor
175.640
7.877
34.517
1.419
2.140
1.213
208.017
8.083
-
-
-
-
207.775
47.886
3.353
Nilai buku bersih
268.882
Cost
Direct ownership:
Land
Building
Furniture, fixtures, and
office equipment
Motor vehicles
Leased assets:
Building
Office inventory
Accumulated depreciation
Direct ownership:
Building
Furniture, fixtures, and
office equipment
Motor vehicles
Leased assets:
Building
Office inventory
252.308
321.991
Net book value
2006
Akuisisi
Anak
Perusahaan/
Subsidiary
Acquisition
Saldo Awal/
Beginning
Balance
Biaya perolehan
Pemilikan langsung:
Tanah
Bangunan
Perabot dan peralatan kantor
Kendaraan bermotor
Aktiva sewa guna:
Bangunan
Inventaris kantor
Akumulasi penyusutan
Pemilikan langsung:
Bangunan
Perabot dan peralatan kantor
Kendaraan bermotor
Aktiva sewa guna:
Bangunan
Inventaris kantor
Nilai buku bersih
Penambahan/
Additions
Saldo Akhir/
Ending
Balance
Pengurangan/
Deductions
104.527
62.670
-
12.007
45.133
25.020
62
91.514
107.741
242.321
12.773
207
-
25.116
827
2.380
1.462
265.264
12.138
-
-
-
-
-
422.291
207
83.083
28.924
476.657
20.148
-
4.152
42
24.258
132.567
7.850
106
-
45.303
1.489
2.336
1.462
175.640
7.877
-
-
-
-
-
160.565
106
50.944
3.840
261.726
Accumulated depreciation
Direct ownership:
Building
Furniture, fixtures, and
office equipment
Motor vehicles
Leased assets:
Building
Office inventory
207.775
268.882
81
Cost
Direct ownership:
Land
Building
Furniture, fixtures, and
office equipment
Motor vehicles
Leased assets:
Building
Office inventory
Net book value
The original consolidated financial statements included herein are in
the Indonesian language.
PT BANK BUKOPIN TBK.
AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS
Years Ended December 31, 2008 and 2006
With Comparative Figures For 2007
(Expressed in millions of Rupiah,
unless otherwise stated)
PT BANK BUKOPIN TBK.
DAN ANAK-ANAK PERUSAHAAN
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN
Tahun yang Berakhir pada Tanggal-tanggal
31 Desember 2008 dan 2006
Dengan Angka Perbandingan Untuk 2007
(Disajikan dalam jutaan Rupiah,
kecuali dinyatakan lain)
13. ASET TETAP (lanjutan)
13. FIXED ASSETS (continued)
Keuntungan bersih dari penjualan aset tetap pada
tahun yang berakhir 31 Desember 2008 adalah
sebesar Rp15.523 (2007: Rp1.100; 2006 : Rp1.093)
(Catatan 35).
Gain from sale of fixed assets for the year ended
December 31, 2008 amounted to Rp15,523 (2007:
Rp1,100; 2006: Rp1,003) ( Note 35).
Bank dan anak-anak perusahaan memiliki
beberapa bidang tanah dengan hak kepemiIikan
berupa Hak Guna Bangunan yang akan jatuh tempo
antara tahun 2009 dan 2035. Manajemen
berpendapat hak atas tanah tersebut dapat
diperpanjang.
The Bank and subsidiary owned several parcels of
land with Building Use Rights (Hak Guna Bangunan
or “HGB”) which will be expired between year 2009
to 2035. Management believes that the land rights
can be extended.
Aset tetap kecuali tanah diasuransikan terhadap
risiko kebakaran dan risiko Iainnya berdasarkan
suatu paket polis tertentu lebih dari 15 (lima belas)
perusahaan
asuransi.
Nilai
pertanggungan
seluruhnya pada tanggal 31 Desember 2008 adalah
sebesar Rp1.035.739 (2007: Rp935.474; 2006:
Rp535.077). Manajemen berpendapat bahwa nilai
pertanggungan tersebut cukup untuk menutup
kemungkinan kerugian atas aset tetap yang
dipertanggungkan.
Fixed assets except land are insured against
losses by fire and other risks under blanket
policies, with more than 15 (fifteen) insurance
companies. The insurance coverage as at
December 31, 2008 amounted to Rp1,035,739
(2007: Rp935,474; 2006: Rp535,077). Management
believes that the insurance coverage is adequate to
cover losses arising from such risks.
Manajemen Bank berpendapat tidak terdapat
indikasi penurunan nilai atas aktiva yang dimiliki
oleh Bank.
Management believes that there is no impairment in
the value of its fixed assets.
14. AKTIVA LAIN-LAIN
14. OTHER ASSETS
2008
2007
Rupiah:
Uang muka
196.761
Biaya dibayar di muka
78.417
Agunan yang diambil alih - bersih
75.946
Foreclosed assets - net
68.134
Bunga masih akan diterima
73.693
Properti terbelengkalai - bersih
20.748
Penyertaan modal dalam proses
Lain-lain - bersih
52.478
Dolar Amerika Serikat:
Bunga masih akan diterima
Biaya dibayar di muka
2006
177.424
71.402
142.096
72.288
Rupiah:
Advance payments
Prepaid expenses
54.014
44.395
20.748
100.000
22.106
39.229
24.409
16.670
498.043
490.089
362.826
7.167
1.333
9.051
1.449
3.247
-
8.500
10.500
3.247
506.543
500.589
366.073
Interest receivables
Abandoned properties - net
Additional investment in process
Others - net
United States Dollar:
Interest receivables
Prepaid expenses
Uang muka terdiri dari uang muka yang dikeluarkan
sehubungan dengan pembukaan cabang-cabang
baru, relokasi cabang, pembelian aset tetap,
renovasi gedung kantor, dan uang muka biaya
lainnya.
Advance payments consist of payments which
relate to the opening of new branch offices, branch
relocation, purchase of fixed assets, office building
renovation, and other advance payments.
Biaya dibayar di muka sebagian besar terdiri atas
biaya-biaya sewa gedung, rumah dan kendaraan,
perbaikan dan pemeliharaan, persediaan alat tulis
kantor dan asuransi.
Prepaid expenses consist mainly of prepaid
building, housing rent and car rent, renovation and
maintenance, supplies and insurance.
82
The original consolidated financial statements included herein are in
the Indonesian language.
PT BANK BUKOPIN TBK.
AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS
Years Ended December 31, 2008 and 2006
With Comparative Figures For 2007
(Expressed in millions of Rupiah,
unless otherwise stated)
PT BANK BUKOPIN TBK.
DAN ANAK-ANAK PERUSAHAAN
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN
Tahun yang Berakhir pada Tanggal-tanggal
31 Desember 2008 dan 2006
Dengan Angka Perbandingan Untuk 2007
(Disajikan dalam jutaan Rupiah,
kecuali dinyatakan lain)
14. AKTIVA LAIN-LAIN (lanjutan)
14. OTHER ASSETS (continued)
Agunan yang diambil alih merupakan aktiva
jaminan yang diambil alih oleh Bank sehubungan
dengan penyelesaian kredit yang terdiri atas tanah,
bangunan, dan kendaraan. Pada tanggal 31
Desember 2008 agunan yang diambil alih dengan
klasifikasi kurang lancar sebesar Rp84.536 (2007:
Rp49.364) dengan penyisihan kerugian sebesar
Rp10.859 (2007: Rp7.405). Agunan yang diambil
alih
pada
tanggal
31 Desember
2006
diklasifikasikan lancar.
Foreclosed assets consist of land, buildings, and
motor vehicles which were acquired in the
settlement of loans by the Bank in form of land,
building, and vehicle. As at December 31, 2008
foreclosed assets which been classified as substandard amounting to Rp84,536 (2007: Rp49,364)
with allowance for losses amounting to Rp10,859
(2007: Rp7,405). As at December 31, 2006, all
foreclosed assets are classified as current.
Pada tanggal 31 Desember 2007 Bank memiliki
penyertaan modal dalam proses pada PT Bank
Syariah Bukopin dahulu (PT Bank Persyarikatan
Indonesia) sebesar Rp100.000. Penyertaan modal
ini telah memperoleh persetujuan pemegang saham
Bank pada Rapat Umum Pemegang Saham Luar
Biasa yang diselenggarakan pada tanggal 6 Maret
2008. Penyertaan modal ini telah mendapat
persetujuan
dari
BI
melalui
surat
No. 10/43/GBI/DPIP/Rahasia tanggal 27 Maret
2008. BPI akan dikembangkan sebagai Bank
Syariah Bukopin (Catatan 1c).
As at December 31, 2007, the Bank has investment
in process in PT Bank Syariah Bukopipn (formerly
PT Bank Persyarikatan Indonesia) amounting to
Rp100,000. This investment has been approved by
Bank’s shareholders in the Extraordinary General
Meeting of Shareholders’ which conducted on
March 6, 2008. This investment has been approved
by BI through letter No. 10/43/GBI/DPIP/Rahasia
dated March 27, 2008. BPI is developed to become
Bank Bukopin Sharia (Note 1c).
Lain-lain meliputi antara lain tagihan dari aktivitas
penggunaan mesin EDC dan ATM oleh nasabah
dari jaringan ATM Bersama dan ATM BCA, setoran
jaminan atas gedung kantor yang disewa, dan
lainnya.
Others consist of receivable derived from activities
utilization of EDC machine and ATM by customer in
network ATM Bersama and ATM BCA, security
deposits for leased office buildings, others.
15. KEWAJIBAN SEGERA
15. LIABILITIES IMMEDIATELY PAYABLES
2008
Rupiah:
Kiriman uang yang belum
direalisasi
Lain-lain
Mata uang asing:
Kiriman uang yang belum
direalisasi
Lain-lain
2007
2006
Rupiah:
104.222
72.866
132.272
52.914
1.518.976
31.614
177.088
185.186
1.550.590
Unsettled money transfer
Others
Foreign currencies:
891
178
540
22.755
1.245
37.568
1.069
23.295
38.813
178.157
208.481
1.589.403
Lain-lain terdiri dari setoran pajak yang diterima
oleh Bank sebagai Bank persepsi, titipan
pembayaran kepada PT Perusahaan Listrik Negara
dari nasabah, setoran atas pembukaan rekening,
deposito berjangka yang telah jatuh tempo, dan
setoran jaminan atas Letters of Credit dan bank
garansi yang sudah jatuh tempo.
Unsettled money transfer
Others
Others consist tax collection received by Bank as
collecting
Bank,
entrusted
payment
to
PT Perusahaan Listrik Negara from customers,
customers’ funds of account opening, matured time
deposits redeemed, and margin deposit of expired
Letters of Credit and Bank Guarantee.
83
The original consolidated financial statements included herein are in
the Indonesian language.
PT BANK BUKOPIN TBK.
AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS
Years Ended December 31, 2008 and 2006
With Comparative Figures For 2007
(Expressed in millions of Rupiah,
unless otherwise stated)
PT BANK BUKOPIN TBK.
DAN ANAK-ANAK PERUSAHAAN
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN
Tahun yang Berakhir pada Tanggal-tanggal
31 Desember 2008 dan 2006
Dengan Angka Perbandingan Untuk 2007
(Disajikan dalam jutaan Rupiah,
kecuali dinyatakan lain)
16. GIRO
16. DEMAND DEPOSITS
2008
Pihak ketiga
Rupiah
Mata uang asing
Pihak yang mempunyai
hubungan istimewa
Rupiah
Mata uang asing
2007
2006
5.307.140
450.504
6.959.211
1.054.085
4.502.702
842.687
5.757.644
8.013.296
5.345.389
16.378
2.247
822.485
13.153
2.702.334
247.373
18.625
835.638
2.949.707
5.776.269
8.848.934
8.295.096
Third parties
Rupiah
Foreign currency
Related parties
Rupiah
Foreign currency
Pada tanggal 31 Desember 2008, giro yang
didasarkan pada prinsip perbankan Syariah adalah
sebesar Rp82.606 (2007: Rp90.805; 2006:
Rp118.094).
As at December 31, 2008, demand deposits under
Sharia banking principles amounted to Rp82.606
(2007: Rp90,805; 2006: Rp118,094), respectively.
Giro yang dijadikan sebagai jaminan atas fasilitas
kredit yang diberikan oleh Bank kepada beberapa
debitur pada tanggal 31 Desember 2008 adalah
sebesar Rp930.455 (2007: Rp304.410; 2006:
Rp110.029).
Demand deposits of certain customers as at
December 31, 2008 amounting to Rp930,455
(2007: Rp304,410; 2006: Rp110,029), respectively,
are pledged as collateral to the loan facilities
granted by the Bank to such debtors.
Giro yang didasarkan pada prinsip perbankan
Syariah yang dijadikan sebagai jaminan atas
pembiayaan/piutang Syariah oleh Bank kepada
beberapa debitur pada tanggal 31 Desember 2008
adalah sebesar Rp19.987 (2007: Rp146; 2006:
Rp47).
Demand deposits under Sharia banking principles
of certain customers as at December 31, 2007
amounting to Rp19,987 (2007: Rp146; 2006:
Rp47), respectively, are pledged as collateral to
Sharia financing/receivables granted by the Bank to
such debtors.
Suku bunga rata-rata per tahun untuk giro dalam
Rupiah pada tahun 2008 adalah sebesar 5,29%,
(2007: 5,60%; 2006: 5,59%) sedangkan untuk giro
dalam mata uang asing pada tahun 2008 adalah
sebesar 3,84% (2007: 3,89%; 2006: 3,80%).
Average interest rates per annum for demand
deposits in Rupiah in 2008 was 5.29% (2007:
5.60%; 2006: 5.59%), respectively, and in foreign
currency in 2008 was 3.84% (2007: 3.89%; 2006:
3.80%), respectively.
17. TABUNGAN
17. SAVING DEPOSITS
2008
Pihak ketiga
Rupiah:
SiAga
Sikosi
Tabungan kerjasama
SiAga Wadiah
Tabungan Haji
Tabungan Pendidikan
Tabungan Haji Wadiah
Tabungan Umum
Tabungan Wadiah
2007
2006
3.535.376
246.337
193.827
88.967
11.462
32.332
1.255
4.233
2.924
2.508.320
233.266
145.386
62.859
8.274
5.784
823
-
1.743.056
217.174
32.874
6.138
531
-
4.116.713
2.964.712
1.999.773
84
Third parties
Rupiah:
SiAga
Sikosi
Joint Account Savings Deposits
SiAga Wadiah
Haji Savings Deposits
Education Savings Deposits
Wadiah Haji Savings Deposits
Savings Deposits
Wadiah Savings Deposits
The original consolidated financial statements included herein are in
the Indonesian language.
PT BANK BUKOPIN TBK.
AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS
Years Ended December 31, 2008 and 2006
With Comparative Figures For 2007
(Expressed in millions of Rupiah,
unless otherwise stated)
PT BANK BUKOPIN TBK.
DAN ANAK-ANAK PERUSAHAAN
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN
Tahun yang Berakhir pada Tanggal-tanggal
31 Desember 2008 dan 2006
Dengan Angka Perbandingan Untuk 2007
(Disajikan dalam jutaan Rupiah,
kecuali dinyatakan lain)
17. TABUNGAN (lanjutan)
17. SAVING DEPOSITS (continued)
2008
Pihak yang mempunyai
hubungan istimewa
Rupiah:
SiAga
SiAga Wadiah
Tabungan Wadiah
2007
2006
5.998
1.192
399
8.172
230
-
2.453
82
-
7.589
8.402
2.535
4.124.302
2.973.114
2.002.308
Related parties
Rupiah:
SiAga
SiAga Wadiah
Wadiah Saving Deposit
Pada tanggal 31 Desember 2008, tabungan yang
didasarkan pada prinsip perbankan Syariah adalah
sebesar Rp94.737 (2007: Rp63.912; 2006:
Rp33.487).
As at December 31, 2008, savings deposits under
Sharia banking principles amounted to Rp94,737
(2007: Rp63,912; 2006: Rp33,487), respectively.
Tabungan yang dijadikan sebagai jaminan atas
fasilitas kredit yang diberikan oleh Bank kepada
beberapa debitur pada tanggal 31 Desember 2008
adalah sebesar Rp638.534 (2007: Rp85.584; 2006:
Rp28.024).
Saving deposits of certain customers as at
December 31, 2008 amounting to Rp638,534
(2007: Rp85,584; 2006: Rp28,024), respectively,
are pledged as collateral to the loan facilities
granted by the Bank to such debtors.
Tabungan yang didasarkan pada prinsip perbankan
Syariah yang dijadikan sebagai jaminan atas
pembiayaan/piutang Syariah oleh Bank kepada
beberapa nasabah pada tanggal 31 Desember 2008
adalah Rp9.816 (2007: Rp833; 2006: RpNihil).
Savings deposits under Sharia banking principles
of certain customers as at December 31, 2008
amounting to Rp9,816 (2007: Rp833; 2006: RpNil),
respectively, are pledged as collateral to Sharia
financing/receivables granted by the Bank to such
debtors.
Suku bunga rata-rata per tahun untuk tabungan
pada tahun 2008 adalah 4,01% (2007: 3,21%;
2006: 2,84%).
Average interest rates per annum in 2008 were
4.01% (2007: 3.21%; 2006: 2.84%), respectively.
18. DEPOSITO BERJANGKA
18. TIME DEPOSITS
2008
Pihak ketiga
Rupiah
Mata uang asing
Pihak yang mempunyai
hubungan istimewa
Rupiah
Mata uang asing
2007
2006
14.349.427
2.980.032
11.772.739
3.283.800
10.908.149
1.452.052
17.329.459
15.056.539
12.360.201
288.184
2.992
2.024.720
388.571
1.995.007
232.424
291.176
2.413.291
2.227.431
17.620.635
17.469.830
14.587.632
Pada tanggal 31 Desember 2008, deposito
berjangka yang didasarkan pada prinsip perbankan
Syariah adalah sebesar Rp519.917 (2007:
Rp202.576; 2006: Rp186.553).
Third parties
Rupiah
Foreign currency
Related parties
Rupiah
Foreign currency
As at December 31, 2008, time deposits under
Sharia banking principles amounted to Rp519,917
(2007: Rp202,576; 2006: Rp186,553), respectively.
85
The original consolidated financial statements included herein are in
the Indonesian language.
PT BANK BUKOPIN TBK.
AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS
Years Ended December 31, 2008 and 2006
With Comparative Figures For 2007
(Expressed in millions of Rupiah,
unless otherwise stated)
PT BANK BUKOPIN TBK.
DAN ANAK-ANAK PERUSAHAAN
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN
Tahun yang Berakhir pada Tanggal-tanggal
31 Desember 2008 dan 2006
Dengan Angka Perbandingan Untuk 2007
(Disajikan dalam jutaan Rupiah,
kecuali dinyatakan lain)
18. DEPOSITO BERJANGKA (lanjutan)
18. TIME DEPOSITS (continued)
Rincian deposito berjangka berdasarkan suku
bunga rata-rata per tahun dan nisbah bagi hasil
tanggal penempatan sampai dengan saat jatuh
tempo adalah sebagai berikut:
Details of time deposits based on average interest
rates per annum and nisbah profit sharing contract
period to maturity are as follows:
Suku bunga
rata-rata/nisbah
bagi hasil
per tahun (%)/
Average interest
rate/nisbah
profit sharing
per annum (%)
2008
Rupiah:
1 bulan
3 bulan
6 bulan
12 bulan
Mata uang asing:
1 bulan
3 bulan
6 bulan
12 bulan
2007
8,38
8,20
8,05
7,95
7,78
8,10
8,59
9,47
3,27
3,12
3,33
3,30
3,55
3,99
4,27
3,92
Nilai nominal/nominal value
2006
2008
10,35
10,87
10,96
10,50
3,52
3,69
3,76
2,97
2008
Mata uang asing:
≤ 1 bulan
> 1 - 3 bulan
> 3 - 6 bulan
> 6 - 12 bulan
2006
9.607.863
2.081.676
1.051.372
1.896.700
7.568.888
1.846.217
1.260.093
3.122.261
6.505.793
1.646.492
875.974
3.874.897
14.637.611
13.797.459
12.903.156
2.821.162
17.824
4.877
139.161
3.481.406
13.831
4.442
172.692
1.413.556
36.153
74.465
160.302
2.983.024
3.672.371
1.684.476
17.620.635
17.469.830
14.587.632
Rincian deposito berjangka berdasarkan sisa umur
sampai dengan saat jatuh tempo adalah sebagai
berikut:
Rupiah:
≤ 1 bulan
> 1 - 3 bulan
> 3 - 6 bulan
> 6 - 12 bulan
2007
Rupiah:
1 month
3 months
6 months
12 months
Foreign currency:
1 month
3 months
6 months
12 months
Details of time deposits based on their remaining
period to maturity are as follows:
2007
2006
10.298.378
2.436.390
682.995
1.219.848
9.053.236
2.742.469
958.704
1.043.050
7.751.574
2.193.809
1.408.850
1.548.923
14.637.611
13.797.459
12.903.156
2.833.044
14.930
2.802
132.248
3.486.088
15.535
56.875
113.873
1.416.939
34.650
77.573
155.314
2.983.024
3.672.371
1.684.476
17.620.635
17.469.830
14.587.632
Rupiah:
≤ 1 month
> 1 - 3 months
> 3 - 6 months
> 6 - 12 months
Foreign currency:
≤ 1 month
> 1 - 3 months
> 3 - 6 months
> 6 - 12 months
Deposito berjangka yang dijadikan sebagai jaminan
atas fasilitas kredit yang diberikan oleh Bank
kepada
beberapa
debitur
pada
tanggal
31 Desember 2008 adalah sebesar Rp1.270.298
(2007: Rp1.751.640; 2006: Rp1.549.267).
Time deposits of certain customers as at December
31, 2008 amounting to Rp1,270,298 (2007:
Rp1,751,640; 2006: Rp1,549,267) are pledged as
collateral to the loan facilities granted by the Bank
to such debtors.
Deposito berjangka yang didasarkan pada prinsip
perbankan Syariah yang dijadikan sebagai jaminan
atas pembiayaan/piutang Syariah yang diberikan
oleh Bank kepada beberapa debitur pada tanggal
31 Desember 2008 adalah sebesar Rp5.800 (2007:
Rp1.120; 2006: Rp3.658).
Time deposits under Sharia banking principles of
certain customers as at December 31, 2008
amounting to Rp5,800 (2007: Rp1,120; 2006:
Rp3,658) are pledged as collateral to Sharia
financing/receivables granted by the Bank to such
debtors.
86
The original consolidated financial statements included herein are in
the Indonesian language.
PT BANK BUKOPIN TBK.
AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS
Years Ended December 31, 2008 and 2006
With Comparative Figures For 2007
(Expressed in millions of Rupiah,
unless otherwise stated)
PT BANK BUKOPIN TBK.
DAN ANAK-ANAK PERUSAHAAN
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN
Tahun yang Berakhir pada Tanggal-tanggal
31 Desember 2008 dan 2006
Dengan Angka Perbandingan Untuk 2007
(Disajikan dalam jutaan Rupiah,
kecuali dinyatakan lain)
19. SIMPANAN DARI BANK LAIN
a.
19. DEPOSITS FROM OTHER BANKS
Berdasarkan mata uang dan jenis
a.
2008
Pihak ketiga
Rupiah
Interbank call money
Giro
Deposito berjangka
2006
Third parties
:
Rupiah:
885.000
13.210
228.431
14.500
21.247
303.583
369.700
10.111
323.046
1.126.641
339.330
702.857
-
217.072
-
-
217.072
-
1.126.641
556.402
702.857
Dolar Amerika Serikat:
Interbank call money
Pihak yang mempunyai
hubungan istimewa
Rupiah:
Giro
b.
2007
-
304.200
211.433
1.126.641
860.602
914.290
Interbank call money
Demand deposits
Time deposits
United States Dollar:
Interbank call money
Related parties
Rupiah:
Demand deposits
Pada tanggal 31 Desember 2007, terdapat
simpanan dari pihak yang mempunyai
hubungan istimewa, PT Bank Persyarikatan
Indonesia (BPI) sebesar Rp304.200 (2006:
Rp211.433). Simpanan ini dijadikan jaminan
atas kredit yang dibeli dari BPI (Catatan 10n).
As at December 31, 2007, there was a deposit from
a related party, PT Bank Persyarikatan Indonesia
(BPI) of Rp304,200 (2006: Rp211,433). This
deposit is pledged as collateral for the loan portfolio
purchased from BPI (Note 10n).
Berdasarkan tingkat suku bunga rata-rata per
tahun
b.
2008
Rupiah:
Interbank call money
Giro
Deposito berjangka
2007
8,36%
2,70%
8,40%
Dolar Amerika Serikat:
Interbank call money
5,20%
2,80%
7,76%
3,04%
9,12%
3,33%
11,05%
Rupiah:
≤ 1 bulan
> 1 - 3 bulan
> 3 - 12 bulan
> 12 bulan
Dolar Amerika Serikat:
≤ 1 bulan
Rupiah:
Interbank call money
Demand deposits
Time deposits
United States Dollar:
5,02%
5,12%
Deposits from other banks under Sharia
banking principles as at December 31, 2008
amounted to Rp42,485 (2007: Rp71,665; 2006:
Rp54,160).
Berdasarkan sisa umur sampai dengan saat
jatuh tempo
2008
By average annual interest rates
2006
Simpanan dari bank lain yang didasarkan pada
prinsip perbankan Syariah pada tanggal 31
Desember 2008 adalah sebesar Rp42.485
(2007: Rp71.665; 2006: Rp54.160).
c.
By currency and type
c.
2007
Based on their remaining period to maturity
2006
1.097.141
18.750
6.350
4.400
307.244
26.766
309.520
-
675.503
10.444
228.343
-
1.126.641
643.530
914.290
-
217.072
-
1.126.641
860.602
914.290
87
Rupiah:
≤ 1 month
> 1 - 3 months
> 3 - 12 months
>12 months
United State Dollar:
≤ 1 month
The original consolidated financial statements included herein are in
the Indonesian language.
PT BANK BUKOPIN TBK.
AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS
Years Ended December 31, 2008 and 2006
With Comparative Figures For 2007
(Expressed in millions of Rupiah,
unless otherwise stated)
PT BANK BUKOPIN TBK.
DAN ANAK-ANAK PERUSAHAAN
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN
Tahun yang Berakhir pada Tanggal-tanggal
31 Desember 2008 dan 2006
Dengan Angka Perbandingan Untuk 2007
(Disajikan dalam jutaan Rupiah,
kecuali dinyatakan lain)
20. PAJAK PENGHASILAN
a.
20. TAXES PAYABLE
Hutang pajak
a.
2008
Pajak penghasilan
- Pasal 29
Pajak penghasilan lainnya:
Pajak penghasilan
karyawan Pasal 21
Pasal 4 (2)
Pasal 25
Lainnya
b.
2007
Taxes payable
2006
47.342
24.051
44.858
20.795
22.966
11.705
718
2.172
18.926
13.535
-
11.811
19.203
10.301
-
103.526
58.684
86.173
Beban (manfaat) pajak penghasilan
b.
2008
2007
Corporate income tax
- Article 29
Other income taxes payable:
Employee income tax
- Article 21
Article 4 (2)
Article 25
Other
Income (benefit) tax expense
2006
Beban pajak kini - tahun berjalan
Beban pajak kini - tahun lalu
204.896
2.180
177.068
-
161.328
-
Current tax expense - current year
Current tax expense - prior year
Jumlah beban pajak kini - Bank
207.076
177.068
161.328
Total current tax expense - Bank
Beban pajak kini - Anak-anak
perusahaan
27
-
-
Current tax expense - Subsidiaries
Jumlah beban pajak kini
207.103
177.068
161.328
Total current tax expense
Manfaat pajak tangguhan
Penyesuaian tarif pajak tangguhan
(25.947)
3.299
(8.718)
-
(16.931)
-
Deferred tax benefits
Adjustment on deferred tax rate
Manfaat pajak tangguhan - Bank
(22.648)
(8.718)
(16.931)
Deferred tax benefits - Bank
Manfaat pajak tangguhan Anak-anak perusahaan
(2.460)
Jumlah manfaat pajak tangguhan
Jumlah beban pajak penghasilan
badan - bersih
-
(25.108)
(8.718
181.995
168.350
Bank
telah
membuat
koreksi
dan
menyampaikan
pembetulan
surat
pemberitahuan pajak penghasilan badan untuk
tahun 2005 seperti yang dimungkinkan
berdasarkan
Undang-undang
Pajak
Penghasilan baru No. 28 tahun 2007 mengenai
perubahan ketiga atas Undang-undang No. 6
tahun 1983 tentang ketentuan umum dan tata
cara perpajakan. Berdasarkan pasal 37A
Undang-undang Pajak Penghasilan No. 28
tahun 2007, wajib pajak dapat menerima
pengurangan atau penghapusan sanksi
administrasi atas keterlambatan pelunasan
kekurangan pembayaran pajak, jika wajib pajak
menyampaikan
pembetulan
surat
pemberitahuan pajak penghasilan badan yang
menyebabkan tambahan pajak yang harus
dibayar untuk tahun fiskal sebelum 2007 dan
dilakukan paling lama dalam 1 tahun sejak
tanggal efektif Undang-undang ini.
-
Deferred tax benefits - Subsidiaries
)
(16.931
144.397
Total corporate income tax
expense - net
The Bank has made corrections and resubmitted its corporate income tax return for
the year 2005 as allowed under the new
Income Tax Law No. 28 year 2007 regarding
the third amendment of Income Tax Law No. 6
year 1983 in relation to general taxation
procedures. Under article of 37A of the Income
Tax Law No. 28 year 2007, a tax payer is
entitled to receive a reduction of or cancellation
of administrative penalties due to late
payments of additional tax, if a tax payer resubmits corporate income tax returns resulting
in additional tax amounts being due for fiscal
years prior to 2007 within 1 year from the
effective date of this Law.
88
)
The original consolidated financial statements included herein are in
the Indonesian language.
PT BANK BUKOPIN TBK.
AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS
Years Ended December 31, 2008 and 2006
With Comparative Figures For 2007
(Expressed in millions of Rupiah,
unless otherwise stated)
PT BANK BUKOPIN TBK.
DAN ANAK-ANAK PERUSAHAAN
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN
Tahun yang Berakhir pada Tanggal-tanggal
31 Desember 2008 dan 2006
Dengan Angka Perbandingan Untuk 2007
(Disajikan dalam jutaan Rupiah,
kecuali dinyatakan lain)
89
The original consolidated financial statements included herein are in
the Indonesian language.
PT BANK BUKOPIN TBK.
AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS
Years Ended December 31, 2008 and 2006
With Comparative Figures For 2007
(Expressed in millions of Rupiah,
unless otherwise stated)
PT BANK BUKOPIN TBK.
DAN ANAK-ANAK PERUSAHAAN
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN
Tahun yang Berakhir pada Tanggal-tanggal
31 Desember 2008 dan 2006
Dengan Angka Perbandingan Untuk 2007
(Disajikan dalam jutaan Rupiah,
kecuali dinyatakan lain)
20. PAJAK PENGHASILAN (lanjutan)
b.
Beban
(manfaat)
(lanjutan)
pajak
20. TAXES PAYABLE (lanjutan)
penghasilan
b.
Income (benefit) tax expense (continued)
Berdasarkan penilaian kembali atas posisi
pajak penghasilan badan untuk tahun 2005
yang dilakukan oleh Bank, tambahan beban
pajak penghasilan badan sebesar Rp2.180
telah diakui dalam laporan keuangan tahun
2008.
Based on the Bank’s re-assessment of its
corporate income tax position for the year
2005, an additional corporate income tax
expense amount of Rp2,180 has been
recognized in the 2008 financial statements.
Rekonsiliasi antara beban pajak penghasilan
dengan hasil perkalian laba akuntansi sebelum
pajak penghasilan dan tarif yang berlaku
adalah sebagai berikut:
The reconciliation between income tax expense
and the theoretical tax amount on the Bank’s
profit before income tax is as follows:
2008
Laba sebelum beban pajak
dengan laporan laba rugi
konsolidasian
Bagian rugi/(laba) bersih anak-anak
perusahaan
Laba sebelum pajak
penghasilan - Bank
Beban pajak sesuai tarif
pajak yang berlaku
Biaya-biaya yang tidak dapat
dikurangi
550.837
2006
543.611
2.372
543.572
165.945
163.055
Perbedaan tetap:
- Sumbangan dan hadiah
- Representasi
- Aktivitas karyawan
- Bagian rugi perusahaan
asosiasi
- Pendapatan yang dikenakan
pajak final
- Lain-lain
Jumlah perbedaan tetap
Income before tax - Bank
137.861
Income tax expense computed using
applicable tax rate
Non-deductible expenses
5.391
6.660
168.446
144.521
(2.461)
(96)
176.488
168.350
Income before corporate
income tax per consolidated
statements of income
Net loss (income) of
subsdiaries
459.715
13.004
2008
Laba sebelum pajak
penghasilan - Bank
(188)
178.949
Rekonsiliasi antara laba sebelum beban pajak,
seperti yang disajikan dalam laporan laba rugi
konsolidasian, dengan taksiran penghasilan
kena pajak untuk tahun yang berakhir pada
tanggal-tanggal 31 Desember 2008, 2007, dan
2006 adalah sebagai berikut:
Laba sebelum beban pajak
dengan laporan laba rugi
konsolidasian
Bagian rugi (laba) bersih anak-anak
perusahaan
459.903
(39)
553.209
Manfaat pajak tangguhan
anak-anak perusahaan
Beban pajak penghasilan
2007
(124)
144.397
Deferred tax benefit of subsidiaries
Income tax expense
The reconciliation between income before
corporate income tax as shown in the
consolidated statements of income and
estimated taxable income for the years ended
December 31, 2008, 2007, and 2006 are as
follows:
2007
550.837
2006
543.611
2.372
(39)
459.903
(188)
Income before corporate
income tax per consolidated
statements of income
Net loss (income) of
subsdiaries
553.209
543.572
459.715
Income before tax - Bank
11.370
10.375
1.698
7.093
6.523
914
8.250
7.094
4.626
Permanent differences:
Donations and gifts Representations Employee activities -
3.113
3.397
2.660
(529)
17.318
(431)
478
43.345
17.974
90
(459)
28
22.199
Equity in loss of associate company Income subjected to final tax Others Total permanent differences
The original consolidated financial statements included herein are in
the Indonesian language.
PT BANK BUKOPIN TBK.
AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS
Years Ended December 31, 2008 and 2006
With Comparative Figures For 2007
(Expressed in millions of Rupiah,
unless otherwise stated)
PT BANK BUKOPIN TBK.
DAN ANAK-ANAK PERUSAHAAN
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN
Tahun yang Berakhir pada Tanggal-tanggal
31 Desember 2008 dan 2006
Dengan Angka Perbandingan Untuk 2007
(Disajikan dalam jutaan Rupiah,
kecuali dinyatakan lain)
20. PAJAK PENGHASILAN (lanjutan)
b.
Beban
(manfaat)
(lanjutan)
pajak
20. TAXES PAYABLE (continued)
penghasilan
2008
Perbedaan temporer:
Pembentukan (pemulihan)
penyisihan kerugian atas:
- Giro pada bank lain
6.963
- Penempatan pada Bank
Indonesia dan bank lain
21.417
17.498
Indonesia and other banks
- Surat-surat berharga
14
- Tagihan derivatif
116
- Tagihan akseptasi
393
- Penyertaan
970
Pembentukan (pemulihan)
estimasi kerugian komitmen
dan kontinjensi
164
Penyusutan aset tetap
10.795
Beban untuk kesejahteraan
karyawan
5.663
Selisih kurs penyisihan kerugian
aktiva produktif
2.433
Biaya manfaat pensiun dibayar
dimuka
3.024
Lain-lain
34.538
Jumlah perbedaan temporer
Penghasilan kena pajak
Beban pajak penghasilan
Pajak penghasilan - Pasal 25
Hutang pajak penghasilan
- Pasal 29
b.
2007
Income (benefit) tax expense (continued)
2006
(240)
394
Temporary differences:
Addition (reversal) of allowance for
losses on:
Current accounts with other banks Placements with Bank -
12.370
378
(2)
(34)
(26)
2.343
13
309
224
Marketable securities
Derivative receivables
Acceptance receivables
Investments
-
Addition (reversal) of estimated loss
commitments and contingecies
Depreciation of fixed assets
Estimated liability for employee
service entitlements
Translation difference on allowance
for losses on earning assets
988
6.045
17.894
6.509
4.621
5.094
1.316
(1.349)
(3.024)
6.348
7.094
Prepaid pension costs
Others
86.490
28.740
56.023
Total temporary differences
683.044
590.286
537.937
Taxable income
204.896
(145.848)
177.068
(153.017)
161.328
(116.470)
59.048
24.051
44.858
Current tax expense
Prepayment of income taxes - Article 25
Income tax payable - Article 29
Perhitungan pajak penghasilan badan untuk
tahun yang berakhir tanggal 31 Desember
2008 adalah suatu perhitungan sementara
yang dibuat untuk maksud akuntansi dan
kemungkinan dapat berubah pada saat Bank
menyampaikan Surat Pemberitahuan Tahun
(SPT) pajaknya.
The corporate income tax calculation for the
year ended December 31, 2008 is a preliminary
estimate made for accounting purposes and is
subject to revision when the Bank lodges its
Annual Corporate Income Tax Return.
Taksiran penghasilan kena pajak Bank untuk
tahun yang berakhir pada tanggal 31
Desember 2007 dan 2006 telah sesuai dengan
yang tercantum pada Surat Pemberitahuan
Tahunan Pajak Penghasilan yang disampaikan
Bank ke Kantor Pelayanan Pajak.
The amount of the estimated income tax
payable for the year ended December 31, 2007
and 2006 conforms with the amount reported in
the Annual Corporate Income Tax Return filed
by the Bank with the Tax Office.
91
The original consolidated financial statements included herein are in
the Indonesian language.
PT BANK BUKOPIN TBK.
AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS
Years Ended December 31, 2008 and 2006
With Comparative Figures For 2007
(Expressed in millions of Rupiah,
unless otherwise stated)
PT BANK BUKOPIN TBK.
DAN ANAK-ANAK PERUSAHAAN
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN
Tahun yang Berakhir pada Tanggal-tanggal
31 Desember 2008 dan 2006
Dengan Angka Perbandingan Untuk 2007
(Disajikan dalam jutaan Rupiah,
kecuali dinyatakan lain)
20. PAJAK PENGHASILAN (lanjutan)
c.
20. TAXES PAYABLE (continued)
Aktiva (kewajiban) pajak tangguhan
c.
Pengaruh pajak tangguhan atas beda waktu
yang signifikan antara pelaporan komersial dan
perpajakan adalah sebagai berikut:
2008
Aktiva pajak tangguhan
Penyisihan kerugian:
Giro pada bank lain
Penempatan pada Bank
Indonesia dan bank lain
Surat-surat berharga
Tagihan derivatif
Tagihan akseptasi
Penyertaan
Kewajiban estimasi untuk
kesejahteraan karyawan
Estimasi kerugian komitmen
dan kontinjensi
Lain-lain
Deferred tax assets (liabilities)
The tax effects of significant temporary
differences between commercial reporting and
tax purposes are as follows:
2007
2006
2.202
271
326
16.454
1.450
37
11.205
1.549
5
7.196
1.401
6
290
Deferred tax assets
Allowance for losses on:
Current accounts with other banks
Placements with Bank
Indonesia and other banks
Marketable securities
Derivative receivables
197
Investments
Estimated liability for employee
service entitlements
Estimated losses on commitments
and contingencies
Others
192
588
339
347
5.245
4.595
3.209
7.951
16.664
8.470
7.669
8.133
5.764
Aktiva pajak tangguhan - Bank
Aktiva pajak tangguhan anak-anak perusahaan
50.881
34.295
26.579
Deferred tax assets - Bank
33.745
220
124
Deferred tax assets - subsidaries
Jumlah aktiva pajak tangguhan
konsolidasian
84.626
34.515
26.703
Consolidated deferred tax assets
(9.580)
(14.735)
(16.548)
Deferred tax liabilities
Depreciation of fixed assets
-
(907)
-
Prepaid pension costs
(9.580)
(15.642)
(16.548)
Total deferred tax liabilites - Bank
75.046
18.873
10.155
Kewajiban pajak tangguhan
Penyusutan aset tetap
Biaya manfaat pensiun dibayar
dimuka
Jumlah kewajiban pajak
tangguhan - Bank
Aktiva (kewajiban) pajak tangguhan
- bersih
Deferred tax assets (liabilities) - net
Manajemen berpendapat bahwa aktiva pajak
tangguhan yang timbul dari perbedaan
temporer diperkirakan dapat direalisasikan
pada periode mendatang.
Management believes that deferred tax assets
resulted from temporary differences can be
realized in the next periods.
Pada September 2008, Undang-undang No. 7
Tahun 1983 mengenai “Pajak Penghasilan”
diubah untuk keempat kalinya dengan Undangundang No. 36 Tahun 2008. Perubahan
tersebut juga mencakup perubahan tarif pajak
penghasilan
badan
dari
sebelumnya
menggunakan tarif pajak bertingkat menjadi
tarif tunggal yaitu 28% untuk tahun fiskal 2009
dan 25% untuk tahun fiskal 2010 dan
seterusnya. Perusahaan mencatat dampak
perubahan tarif pajak tersebut sebagai bagian
dari beban pajak tangguhan pada tahun
berjalan.
In September 2008, Law No. 7 Year 1983
regarding “Income Tax” has been revised for
the fourth time with Law No. 36 Year 2008. The
revised Law stipulates changes in corporate
tax rate from a marginal tax rate to a single
rate of 28% for fiscal year 2009 and 25% for
fiscal year 2010 onwards. The Company
recorded the impact of the changes in tax rates
as part of deferred tax expense in the current
year operations.
92
The original consolidated financial statements included herein are in
the Indonesian language.
PT BANK BUKOPIN TBK.
AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS
Years Ended December 31, 2008 and 2006
With Comparative Figures For 2007
(Expressed in millions of Rupiah,
unless otherwise stated)
PT BANK BUKOPIN TBK.
DAN ANAK-ANAK PERUSAHAAN
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN
Tahun yang Berakhir pada Tanggal-tanggal
31 Desember 2008 dan 2006
Dengan Angka Perbandingan Untuk 2007
(Disajikan dalam jutaan Rupiah,
kecuali dinyatakan lain)
20. PAJAK PENGHASILAN (lanjutan)
d.
20. TAXES PAYABLE (continued)
Administrasi
d.
Berdasarkan UU Perpajakan yang berlaku di
Indonesia, Bank menghitung, menetapkan, dan
membayar sendiri besarnya jumlah pajak yang
terhutang. Direktur Jenderal Pajak (“DJP”)
dapat menetapkan atau mengubah kewajiban
pajak dalam batas waktu sepuluh tahun sejak
saat terhutangnya pajak, atau akhir tahun
2013, mana yang lebih awal. Ketentuan baru
yang diberlakukan terhadap tahun pajak 2008
dan tahun-tahun selanjutnya menentukan
bahwa DJP dapat menetapkan dan mengubah
kewajiban pajak tersebut dalam batas waktu
lima tahun sejak saat terhutangnya pajak.
e.
Administratives
Under the taxation laws of Indonesia, the Bank
submits tax return on the basis of self
assessment. The Director General of Tax
(“DGT”) may assess or amend taxes within ten
years of the time the tax becomes due, or until
the end of 2013, whichever is earlier. There are
new rules applicable to fiscal year 2008 and
subsequent years stipulating that the DGT may
assess or amend taxes within five years of the
time the tax becomes due.
Pemeriksaan pajak
e.
Tax assessments
Bank telah menerima hasil pemeriksaan pajak
dari Kantor Pelayanan Pajak sehubungan
dengan Pajak Penghasilan Badan dan Pajak
Pertambahan Nilai (PPN) tahun pajak 2003
dan 2004 serta PPN tahun pajak 2006. Dari
hasil pemeriksaan pajak telah diterbitkan
beberapa Surat Ketetapan Pajak Kurang Bayar
(SKPKB) dan Surat Tagihan Pajak (STP). Atas
SKPKB dan STP tersebut telah diselesaikan
sebesar Rp15.488 pada tahun 2008 dan dicatat
sebagai beban pada tahun berjalan, sedangkan
untuk jumlah sebesar Rp105.874 Bank
mengajukan keberatan terkait PPN
pada
transaksi murabahah unit usaha syariah dan
pengenaan jenis pajak penghasilan yang tidak
sesuai dengan objek pajaknya.
Bank has received tax assessment result from
the Tax Authorities regarding the corporate
income taxes and Value Added Tax (VAT) for
fiscal years 2003 and 2004 and VAT for fiscal
year 2006. The Tax Authorities issued Surat
Ketetapan Pajak Kurang Bayar (SKPKB) dan
Surat Tagihan Pajak (STP) as the results of tax
audit. Bank paid the tax obligation after tax audit
amounted Rp15,488 in 2008 and has been
recorded as current period expense, while for
the tax obligation amounted to Rp105,874 Bank
proposed tax objection related to VAT on sharia
murabahah transaction and improper income tax
imposed on tax object.
Selama tahun 2008, Bank telah melakukan
pembayaran kepada Kantor Pajak sebesar
Rp10.000 sebagai cicilan pembayaran dari
SKPKB yang dicatat dalam Aktiva Lain-lain
(Catatan 14).
During 2008, Bank has conducted payment to
Tax Office amounting to Rp10,000 as
installment of SKPKB which recorded in Other
Assets (Note 14).
21. SURAT BERHARGA YANG DIJUAL DENGAN
JANJI DIBELI KEMBALI
21. MARKETABLE
SECURITIES
SOLD
AGREEMENT TO REPURCHASE
Tidak ada surat berharga yang dijual dengan janji
dibeli kembali pada tanggal 31 Desember 2008 dan
2007.
WITH
There is no marketable securities sold with
agreement to repurchase as at December 31, 2008
and 2007.
93
The original consolidated financial statements included herein are in
the Indonesian language.
PT BANK BUKOPIN TBK.
AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS
Years Ended December 31, 2008 and 2006
With Comparative Figures For 2007
(Expressed in millions of Rupiah,
unless otherwise stated)
PT BANK BUKOPIN TBK.
DAN ANAK-ANAK PERUSAHAAN
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN
Tahun yang Berakhir pada Tanggal-tanggal
31 Desember 2008 dan 2006
Dengan Angka Perbandingan Untuk 2007
(Disajikan dalam jutaan Rupiah,
kecuali dinyatakan lain)
21. SURAT BERHARGA YANG DIJUAL DENGAN
JANJI DIBELI KEMBALI (lanjutan)
21. MARKETABLE
SECURITIES
SOLD
WITH
AGREEMENT TO REPURCHASE (continued)
Surat berharga yang dijual dengan janji dibeli
kembali pada tanggal 31 Desember 2006 terdiri
dari:
Marketable securities sold with agreement to
repurchase as at December 31, 2006 is as follow:
Jangka Waktu/
Terms
Rupiah
Sertifikat Bank Indonesia
4 hari/days
Tanggal Jatuh
Tempo/
Repurchase
Date
Bunga Dibayar
Dimuka yang
Belum
Diamortisasi/
Unamortized
Prepaid
Interest
Harga Jual
Kembali/
Repurchase
Price
2 Jan./Jan. 2007
495.000
22. SURAT-SURAT BERHARGA YANG
DITERBITKAN
Obligasi Seri A Bank Bukopin II
tahun 2003 dalam
perbendaharaan
a.
350
494.650
Rupiah
Bank Indonesia Certificate
22. MARKETABLE SECURITIES ISSUED
2008
Obligasi Seri A Bank Bukopin II
Tahun 2003
Obligasi Subordinasi Seri B Bank
Bukopin Tahun 2003
Obligasi Syariah Mudharabah Bank
Bukupin Tahun 2003
Nilai Bersih/
Net Value
2007
2006
-
319.000
319.000
-
236.000
236.000
-
45.000
45.000
-
600.000
600.000
-
(25.000)
(15.000)
-
575.000
585.000
Obligasi Seri A Bank Bukopin II Tahun 2003
a.
Series A Bank Bukopin II 2003 Bonds
Subordinated Series B Bank Bukopin
2003 Bonds
Sharia Mudharabah Bank Bukopin
2003 Bonds
Bought-back Series A Bank Bukopin II
2003 Bonds
Seri A Bank Bukopin II 2003 Bonds
Obligasi ini berjangka waktu 5 (lima) tahun dan
telah jatuh tempo serta dilunasi pada tanggal
10 Juli 2008 dengan bunga tetap sebesar
13,375% per tahun. Bunga obligasi dibayarkan
setiap triwulan (3 bulan) terhitung sejak tanggal
10 Oktober 2003 dan terakhir pada tanggal
10 Juli 2008.
These bonds have term of 5 (five) years and has
matured and redeemed on July 10, 2008 and
bear fixed interest rate at 13.375% per annum.
The interest is payable quarterly starting on
October 10, 2003 and the last payment is due
on July 10, 2008.
Pada tahun 2005, Bank melakukan pembelian
kembali obligasi ini sebesar Rp15.000 dalam 3
(tiga) tahap pada harga masing-masing
sebesar 83%, 86%, dan 88,05%.
In 2005, the Bank bought back Rp15,000 of
these bonds in 3 (three) stages at a price of
83%, 86%, and 88.05%, respectively.
Pada tahun 2007, Bank melakukan pembelian
kembali obligasi ini sebesar Rp10.000 dengan
harga sebesar 100,37%.
In 2007, the Bank bought back Rp10,000 of
these bonds at a price of 100.37%.
Pada tanggal 10 Juli 2008 obligasi ini telah
jatuh tempo dengan nilai pokok emisi sebesar
Rp319.000.
At July 10, 2008, these bonds is matured with
principal amount of Rp319,000.
94
The original consolidated financial statements included herein are in
the Indonesian language.
PT BANK BUKOPIN TBK.
AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS
Years Ended December 31, 2008 and 2006
With Comparative Figures For 2007
(Expressed in millions of Rupiah,
unless otherwise stated)
PT BANK BUKOPIN TBK.
DAN ANAK-ANAK PERUSAHAAN
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN
Tahun yang Berakhir pada Tanggal-tanggal
31 Desember 2008 dan 2006
Dengan Angka Perbandingan Untuk 2007
(Disajikan dalam jutaan Rupiah,
kecuali dinyatakan lain)
22. SURAT-SURAT BERHARGA YANG
DITERBITKAN (lanjutan)
b.
c.
22. MARKETABLE
(continued)
Obligasi Subordinasi Seri B Bank Bukopin
Tahun 2003
b.
SECURITIES
ISSUED
Subordinated Series B Bank Bukopin 2003
Bonds
Obligasi ini merupakan obligasi subordinasi
berjangka waktu 10 (sepuluh) tahun terhitung
sejak tanggal emisi dengan opsi beli
(pelunasan awal) pada tahun ke 5 (lima) sejak
tanggal emisi dengan bunga tetap sebesar
14% per tahun untuk tahun ke 1 (satu) hingga
tahun ke 5 (lima) dan selanjutnya sebesar 24%
per tahun untuk tahun ke 6 (enam) hingga
tahun ke 10 (sepuluh). Pada tahun ke 5 (lima)
sejak tanggal emisi, Bank dapat melunasi
seluruh obligasi subordinasi dengan harga
100%. Bunga obligasi dibayarkan setiap
triwulan (3 bulan) terhitung sejak tanggal emisi
dimana bunga pertama kali dibayarkan pada
tanggal 10 Oktober 2003 dan terakhir pada
tanggal 9 Juli 2008.
These bonds have term of 10 (ten) years, with a
call option after 5 (five) years from the issuance
date. Interest rates per annum are 14% for the
first year to fifth year and 24% per annum for the
sixth year to the tenth year. On the fifth year
after issuance date, the Bank may settle the
subordinated bonds with the price of 100%. The
interest is payable quarterly starting on October
10, 2003 until July 9, 2008.
Pada tanggal 9 Juli 2008 Bank melaksanakan
hak opsi beli dengan nilai sebesar Rp236.000.
On July 9, 2008, Bank exercised its call option
at amount of Rp236,000.
Obligasi
Syariah
Bukopin Tahun 2003
Mudharabah
Bank
c.
Sharia Mudharabah Bank Bukopin 2003
Bonds
Obligasi ini merupakan obligasi Syariah
mudharabah berjangka waktu 5 (lima) tahun
dan akan jatuh tempo serta dilunasi pada
tanggal 10 Juli 2008. Bagi hasil dibayarkan
setiap triwulan (3 bulan) mulai 10 Oktober 2003
sampai 10 Juli 2008. Besarnya persentase
nisbah bagi hasil untuk pemegang obligasi
Syariah
terhadap
pendapatan
yang
dibagihasilkan adalah sebagai berikut:
These bonds have terms of 5 (five) years and
will mature on July 10, 2008. The deferred
margin is payable quarterly starting on October
10, 2003 until July 10, 2008. The percentages of
nisbah with the Sharia bondholders are as
follows:
•
Tahun ke 1: sebesar 38,58% dari
pendapatan marjin unit usaha Syariah
dengan portofolio pembiayaan murabahah
sebesar Rp50.000 dan 52,88% dari
imbalan kegiatan payment point.
•
Year 1: 38.58% of income margin of
murabahah
portfolio
amounting
to
Rp50,000 and 52.88% of margin at
payment point.
•
Tahun ke 2: sebesar 52,50% dari
pendapatan marjin unit usaha Syariah
dengan portofolio pembiayaan murabahah
sebesar Rp75.000.
•
Year 2: 52.50% of income margin of
murabahah
portfolio
amounting
to
Rp75,000.
•
Tahun ke 3: sebesar 39,38% dari
pendapatan marjin unit usaha Syariah
dengan portofolio pembiayaan murabahah
sebesar Rp100.000.
•
Year 3: 39.38% of income margin of
murabahah
portfolio
amounting
to
Rp100,000.
95
The original consolidated financial statements included herein are in
the Indonesian language.
PT BANK BUKOPIN TBK.
AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS
Years Ended December 31, 2008 and 2006
With Comparative Figures For 2007
(Expressed in millions of Rupiah,
unless otherwise stated)
PT BANK BUKOPIN TBK.
DAN ANAK-ANAK PERUSAHAAN
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN
Tahun yang Berakhir pada Tanggal-tanggal
31 Desember 2008 dan 2006
Dengan Angka Perbandingan Untuk 2007
(Disajikan dalam jutaan Rupiah,
kecuali dinyatakan lain)
22. SURAT-SURAT
BERHARGA
DITERBITKAN (lanjutan)
c.
Obligasi
Syariah
Mudharabah
Bukopin Tahun 2003 (lanjutan)
YANG
22. MARKETABLE
(continued)
Bank
c.
SECURITIES
ISSUED
Sharia Mudharabah Bank Bukopin 2003
Bonds (continued)
•
Tahun ke 4: sebesar 31,50% dari
pendapatan marjin unit usaha Syariah
dengan portofolio pembiayaan murabahah
sebesar Rp125.000.
•
Year 4: 31.50% of income margin of
murabahah
portfolio
amounting
to
Rp125,000.
•
Tahun ke 5: sebesar 26,25% dari
pendapatan marjin unit usaha Syariah
dengan portofolio pembiayaan murabahah
sebesar Rp150.000.
•
Year 5: 26.25% of income margin of
murabahah
portfolio
amounting
to
Rp150,000.
Obligasi-obligasi tersebut diatas tidak dijamin
dengan agunan khusus, dan tidak dijamin oleh
pihak ketiga lainnya tetapi dijamin secara
keseluruhan oleh aktiva Bank. Obligasi ini tidak
termasuk dalam Program Jaminan Pemerintah
Terhadap Kewajiban Pembayaran Bank Umum
(Catatan 45).
These bonds are not secured by any specific
asset or guaranteed by other third parties but
are instead secured in general by all of the
Bank’s assets. These bonds are not included in
the Government Guarantee Program on the
Payment of Obligations of Commercial Banks
(Note 45).
Pada tanggal 31 Desember 2007, Obligasi
seri A Bank Bukopin II tahun 2003 dan Obligasi
Syariah Mudharabah Bank Bukopin tahun
2003 memperoleh peringkat “idA-“ (2006:
“idBBB+”) sedangkan Obligasi Subordinasi
Seri B Bank Bukopin tahun 2003 memperoleh
peringkat “idBBB+” (2006: “idBBB”) dari PT
Pemeringkat Efek Indonesia.
As at December 3, 2007 Series A Bank Bukopin
II 2003 Bonds and Sharia Mudharabah Bank
Bukopin 2003 Bonds are rated “idA-“ (2006:
”idBBB+”), whereas Subordinated Series B Bank
Bukopin 2003 Bonds are rated “idBBB+” (2006:
”idBBB”) by PT Pemeringkat Efek Indonesia.
Pada tanggal 31 Desember 2007, harga pasar
rata-rata tertimbang untuk Obligasi Seri A
Bank Bukopin
II
Tahun
2003
adalah
100,07% (2006:
100,07%).
Obligasi
Subordinasi Seri B Bank Bukopin Tahun 2003
adalah 100,12% (2006: 100,12%) dan Obligasi
Syariah Mudharabah Bank Bukopin tahun 2003
adalah 101% (2006: 101%).
As December 31, 2007, the weighted average
prices for Series A Bank Bukopin II 2003 Bonds
are 100.07% (2006: 100.07%), respectively,
subordinated Series B Bank Bukopin 2003
Bonds are 100.12% (2006: 100.12%) and Sharia
Mudharabah Bank Bukopin 2003 Bonds are
101% (2006: 101%) respectively.
Wali amanat dari obligasi-obligasi tersebut
adalah PT Bank Mandiri (Persero) Tbk.
PT Bank Mandiri (Persero) Tbk is the trustee for
the bonds issued by the Bank.
Berdasarkan
surat
Bank
Indonesia
No. 5/40/DPwB1/PwB16/Rahasia tanggal 27
Juni 2003, Bank diwajibkan untuk membentuk
dana cadangan pelunasan obligasi sejak tahun
pertama penerbitan. Bank telah membentuk
dana cadangan pelunasan obligasi (Catatan
7b).
Based
on
BI
Letter
No.
5/40/DPwB1/PwB16/Rahasia dated June 27,
2003, the Bank must provide a sinking fund
starting from the first year of issuance. In
accordance with this requirement, the Bank has
established a sinking fund (Note 7b).
Pada tanggal 10 Juli 2008 obligasi ini telah
jatuh tempo dengan nilai pokok emisi sebesar
Rp45.000.
At July 10, 2008, these bonds is matured with
principal amount Rp45,000.
96
The original consolidated financial statements included herein are in
the Indonesian language.
PT BANK BUKOPIN TBK.
AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS
Years Ended December 31, 2008 and 2006
With Comparative Figures For 2007
(Expressed in millions of Rupiah,
unless otherwise stated)
PT BANK BUKOPIN TBK.
DAN ANAK-ANAK PERUSAHAAN
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN
Tahun yang Berakhir pada Tanggal-tanggal
31 Desember 2008 dan 2006
Dengan Angka Perbandingan Untuk 2007
(Disajikan dalam jutaan Rupiah,
kecuali dinyatakan lain)
23. PINJAMAN YANG DITERIMA
23. BORROWINGS
2008
Rupiah:
Pemerintah Republik Indonesia
Bank Indonesia
PT Permodalan Nasional
Madani (Persero)
International Economic
Corporation Development
Fund
PT Bank Ekspor
Indonesia (Persero)
Dolar Singapura:
Nova Scotia, Singapura
DBS Bank Ltd., Singapura
Standard Chartered Bank,
Singapura
a.
2007
2006
475.412
305.469
470.000
317.935
90.223
60.201
13.522
14.649
Rupiah:
357.250 Government of the Republic of Indonesia
389.728
Bank Indonesia
PT Permodalan Nasional Madani
51.807
(Persero)
15.776
International Economic
Corporation Development Fund
PT Bank Ekspor Indonesia (Persero)
-
338
8.091
884.626
863.123
822.652
37.940
-
32.665
-
-
-
29.339
37.940
32.665
29.339
922.566
895.788
851.991
Bank Indonesia (BI)
b.
Singapore Dollar:
Nova Scotia, Singapore
DBS Bank Ltd., Singapore
Standard Chartered Bank, Singapore
Bank Indonesia (BI)
Pinjaman ini terdiri dari:
This fund borrowing consists of:
i)
Fasilitas pinjaman eks Kredit Likuiditas BI
untuk program kredit kepada Koperasi
Primer untuk Anggota Perkebunan Inti
Rakyat Transmigrasi Kawasan Timur
Indonesia (KKPA PIR Trans KTI),
pinjaman kepada Koperasi Primer untuk
anggota Umum (KKPA Umum) yang
pengelolaannya telah dialihkan kepada PT
Permodalan Nasional Madani (Persero).
Jangka waktu fasilitas ini berkisar antara 2
(dua) tahun sampai dengan 13 (tiga belas)
tahun dan jatuh tempo terakhir pada tahun
2012. Suku bunga pinjaman tersebut
berkisar antara 3% sampai dengan 9% per
tahun. Pada tanggal 31 Desember 2008,
jumlah saldo pinjaman ini adalah sebesar
Rp300.886 (2007: Rp311.896; 2006:
Rp382.333).
i)
Bank Indonesia Liquidity Credits relates to
the credit program extended to Primary
Cooperatives for Farmer Members of the
Transmigration of East Indonesian Region
(KKPA PIP Trans KTI) and to Primary
Cooperatives for General Members (KKPA
Umum), which management had been
transferred to PT Permodalan Nasional
Madani (Persero). The periods of this
facility range from 2 (two) to 13 (thirteen)
years and will mature in 2012, with annual
interest rates ranging from 3% to 9%. As at
December 31, 2008, the outstanding
balance amounting to Rp300,886 (2007:
Rp311,896; 2006: Rp382,333).
ii)
Fasiltas pinjaman eks Kredit Likuiditas BI
untuk program Kredit Pemilikan Rumah
Sederhana dan Pinjaman Pemilikan
Rumah Sangat Sederhana. Jangka waktu
fasilitas ini sesuai dengan pinjaman
kepada nasabah maksimum selama 21
(dua puluh satu) tahun dan jatuh tempo
terakhir pada tahun 2020. Suku bunga
berkisar antara 3% sampai dengan 9% per
tahun. Pada tanggal 31 Desember 2008,
jumlah saldo pinjaman ini adalah sebesar
Rp4.583 (2007: Rp6.039; 2006: Rp7.395).
ii)
Bank Indonesia Liquidity Credits also
include simple and very simple housing
loans. Such facilities have periods similar to
the loans granted to customers with a
maximum term of 21 (twenty one) years
and will mature in 2020, with annual interest
rates ranging from 3% to 9%. As at
December 31, 2008 the outstanding
balance amounting to Rp4,583 (2007:
Rp6,039; 2006: Rp7,395).
97
The original consolidated financial statements included herein are in
the Indonesian language.
PT BANK BUKOPIN TBK.
AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS
Years Ended December 31, 2008 and 2006
With Comparative Figures For 2007
(Expressed in millions of Rupiah,
unless otherwise stated)
PT BANK BUKOPIN TBK.
DAN ANAK-ANAK PERUSAHAAN
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN
Tahun yang Berakhir pada Tanggal-tanggal
31 Desember 2008 dan 2006
Dengan Angka Perbandingan Untuk 2007
(Disajikan dalam jutaan Rupiah,
kecuali dinyatakan lain)
23. PINJAMAN YANG DITERIMA (lanjutan)
b.
23. BORROWINGS (continued)
Pemerintah Republik Indonesia
b.
The Government
Indonesia
of
the
Republic
of
Pinjaman ini terdiri atas:
This borrowing consists of:
i)
Fasilitas pinjaman ini diberikan dalam
rangka
untuk
menyalurkan
dan
mendistribusikan kembali penyediaan
pinjaman mikro dan usaha kecil. Jumlah
maksimum fasilitas ini adalah Rp350.000.
Jangka waktu pinjaman untuk fasilitas ini
adalah 5 (Iima) tahun 6 (enam) bulan
dengan pembayaran angsuran dilakukan 5
(lima) kali angsuran setiap 6 (enam)
bulanan dengan angsuran pertama dimulai
pada tanggal 10 Desember 2007 sampai
dengan 10 Desember 2009. Fasilitas
pinjaman ini dikenakan suku bunga
sebesar suku bunga rata-rata Sertifikat
Bank Indonesia 3 (tiga) bulanan. Pada
tanggal 31 Desember 2008, jumlah saldo
pinjaman ini adalah sebesar Rp3.999
(2007: Rp4.665; 2006: Rp5.294).
i)
This borrowing facility is re-lent and
distributed to micro and smalI business.
The maximum amount of this facility
amounting to Rp350,000. The periods of
these facilities are 5 (five) years and 6
(six) months and payment shall be made
in 5 (five) installments at every 6 (six)
months starting December 10, 2007 until
December 10, 2009. This borrowing bears
interest at a rate equal to the average
interest rate of three-months period Bank
Indonesia Certificates. As at December
31, 2008, the outstanding balance
amounting to Rp3,999 (2007: Rp4,665;
2006: Rp5,294).
ii)
Pada tanggal 8 Maret 2007 dan
31 Agustus 2007 berdasarkan perubahan
perjanjian tersebut, Bank mendapatkan
tambahan jumlah fasilitas pinjaman
masing-masing sebesar Rp85.000 dan
Rp35.000. Sehingga pada akhir tahun
2007, jumlah maksimum fasilitas ini
menjadi Rp470.000. Pada tanggal 31
Desember 2008, jumlah saldo pinjaman ini
adalah
sebesar
Rp470.000
(2007:
Rp470.000; 2006: Rp350.000).
ii)
As at March 8, 2007 and August 13, 2007
based on amendment of the agreement,
the Bank has obtained additional facilities
amounting to Rp85,000 and Rp35,000,
respectively. At the end of year 2007, the
maximum of this facilities was amounted
Rp470,000. As at December 31, 2008, the
outstanding
balance
amounting
to
Rp470,000 (2007: Rp470,000; 2006:
Rp350,000).
iii) Pada tanggal 28 November 2007,
berdasarkan surat dari Direksi Bank
kepada Menteri Keuangan Republik
Indonesia No. 8227/D1R/XI/12007, Bank
mengajukan
permohonan
untuk
memperpanjang jangka waktu pinjaman
untuk fasilitas ini menjadi 15 (lima belas)
tahun 6 (enam) bulan dengan pembayaran
angsuran dilakukan 5 (lima) kali angsuran
setiap 6 (enam) bulanan dengan angsuran
pertama dimulai pada tanggal 10
Desember 2017 sampai dengan 10
Desember 2019 yang pengelolaannya
telah dialihkan kepada PT Bank Tabungan
Negara (Persero). Pada tanggal 31
Desember 2008, jumlah saldo pinjaman ini
adalah sebesar Rp1.414 (2007: Rp1.648;
2006: Rp1.956).
iii)
As at November 28, 2007, based on letter
from a Bank’s Director to the Ministry of
Finance of the Republic of Indonesia No.
8227/DIR/XI/2007, the Bank proposed an
extention to the period of these facilities to
become 15 (fifteen) years and 6 (six)
months and payments shall be made in 5
(five) installments every 6 (six) months
starting on December 10, 2017 until
December 10, 2019, which management
had been transferred to PT Bank
Tabungan Negara (Persero). As at
December 31, 2008, the outstanding
balance amounting to Rp1,414 (2007:
Rp1,648; 2006: Rp1,956).
98
The original consolidated financial statements included herein are in
the Indonesian language.
PT BANK BUKOPIN TBK.
AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS
Years Ended December 31, 2008 and 2006
With Comparative Figures For 2007
(Expressed in millions of Rupiah,
unless otherwise stated)
PT BANK BUKOPIN TBK.
DAN ANAK-ANAK PERUSAHAAN
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN
Tahun yang Berakhir pada Tanggal-tanggal
31 Desember 2008 dan 2006
Dengan Angka Perbandingan Untuk 2007
(Disajikan dalam jutaan Rupiah,
kecuali dinyatakan lain)
23. PINJAMAN YANG DITERIMA (lanjutan)
c.
23. BORROWINGS (continued)
PT Permodalan Nasional Madani (Persero)
(PNM)
c.
Terdapat 2 (dua) fasilitas pinjaman yang
diterima dari PNM yang kemudian disalurkan
kepada anggota Koperasi Primer dengan 2
(dua) pola antara lain pola pinjaman dan pola
bagi hasil yang diberikan dalam bentuk
pinjaman investasi dan pinjaman modal kerja di
berbagai sektor. Jangka waktu masing-masing
fasilitas ini berkisar antara 1 tahun sampai 4
tahun dan 1 tahun sampai 7 tahun dengan
jatuh tempo terakhir pada tanggal 30
September 2010 dan 31 Desember 2010.
Nisbah bagi hasil PNM 50%, Bank Pelaksana
35,7% dan Koperasi 14,3%, sedangkan suku
bunga pinjaman adalah antara 7% sampai
dengan 9% per tahun.
d.
International
Economic
Development Fund (IECDF)
PT Permodalan Nasional Madani (Persero)
(PNM)
There are 2 (two) borrowing facilities obtained
from PNM which were distributed for members
of Primary Cooperatives using profit sharing
scheme and borrowing scheme for investment
and working capital loans in various sectors.
The periods of these facilities range from 1 to 4
years and 1 to 7 years, respectively, with the
last maturity dates on September 30, 2010 and
December 31, 2010, respectively. The profit
sharing are PNM’s 50%, Executing Bank
35.7% and Cooperatives 14.3%, while the
annual interest rate for loans ranged from 7%
to 9% per annum.
Corporation
d.
Fasilitas pinjaman dalam Rupiah yang
diperoleh sebesar ekuivalen USD5.000.000
(nilai penuh) dari Bank Ekspor Impor Republik
Rakyat China melalui BI pada tanggal
27 Oktober 1995 yang akan disalurkan kepada
Koperasi Primer/Koperasi Unit Desa untuk
diteruskan
kepada
anggotanya
untuk
pembiayaan yang bersifat produktif. Jangka
waktu fasilitas ini adalah 25 (dua puluh lima)
tahun yaitu sampai dengan tahun 2020
termasuk masa tenggang 7 (tujuh) tahun.
Selama tahun 2008, suku bunga pinjaman
berdasarkan suku bunga rata-rata Sertifikat
Bank Indonesia 3 (tiga) bulanan yang berkisar
antara 7,89% sampai dengan 11,5% (2007:
7,83% - 9,50%; 2006: 9,50% - 12,92%).
International
Economic
Development Fund (IECDF)
Corporation
This borrowing represents credit facility in the
amount of USD5,000,000 (full amount) granted
by the Export Import Bank of the Peoples
Republic of China through BI on October 27,
1995. This borrowing was re-lent to qualified
Primary Cooperatives/Village Cooperatives
and channeled to members for productive
financing. This borrowing is payable over a
period of 25 (twenty five) years up to 2020 and
has a grace period of 7 (seven) years. During
year 2008, this borrowing bears interest at a
rate equal to the 3 (three) months average
interest rate of Bank Indonesia Certificates
ranging from 7.89% to 11.5% (2007: 7.83% 9.50% ;2006: 9.50% - 12.92%).
99
The original consolidated financial statements included herein are in
the Indonesian language.
PT BANK BUKOPIN TBK.
AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS
Years Ended December 31, 2008 and 2006
With Comparative Figures For 2007
(Expressed in millions of Rupiah,
unless otherwise stated)
PT BANK BUKOPIN TBK.
DAN ANAK-ANAK PERUSAHAAN
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN
Tahun yang Berakhir pada Tanggal-tanggal
31 Desember 2008 dan 2006
Dengan Angka Perbandingan Untuk 2007
(Disajikan dalam jutaan Rupiah,
kecuali dinyatakan lain)
23. PINJAMAN YANG DITERIMA (lanjutan)
e.
23. BORROWINGS (continued)
PT Bank Ekspor Indonesia (Persero) (BEI)
e.
Fasilitas pinjaman yang diterima dari BEI
merupakan fasilitas pembiayaan kepada
nasabah untuk menunjang kegiatan eksporimpor. Fasilitas ini adalah uncommitted dengan
jangka waktu 1 tahun sejak tanggal
1 September 2000 dan dapat diperpanjang
setiap tahunnya dengan perjanjian terakhir
jatuh tempo pada tanggal 15 Desember 2008.
Suku bunga pinjaman adalah sebesar tingkat
bunga penempatan BEI yang ditetapkan pada
setiap pemberitahuan persetujuan penggunaan
fasilitas.
f.
This facility was obtained from BEI, which
represents facilities extended to customers for
the export import activities. The amount of the
facility is uncommitted and has a term of 1 year
since September 1, 2000 and can be renewed
every year with the latest agreement matured
on December 15, 2008. Interest rate on this
facility is equivalent to BEI lending rate
determined on every loan agreement
notification.
Bank of Nova Scotia, Singapura
f.
Fasilitas pinjaman yang diperoleh dari Nova
Scotia ini merupakan fasilitas pembiayaan
dalam mata uang Dolar Singapura dengan
jangka waktu 180 hari sejak tanggal 19
Desember 2008 sampai dengan 17 Juni 2009.
Pinjaman ini dikenakan bunga sebesar 3,25%
per tahun.
g.
DBS Bank Ltd., Singapura (DBS)
Standard Chartered
(Stanchart)
Bank,
Bank of Nova Scotia, Singapore
This borrowing was obtained from Nova Scotia
Bank represents financing facility in Singapore
Dollars with a term of 180 days starting from
December 19, 2008 to June 17, 2009. This
borrowing bears interest rate at 3.25% per
annum.
g.
Fasiitas pinjaman yang diperoleh dari DBS ini
merupakan fasilitas pembiayaan dalam mata
uang Dolar Singapura dengan jangka waktu
180 hari sejak tanggal 18 Desember 2007
sampai dengan 24 Juni 2008. Pinjaman ini
dikenakan
bunga
per
tahun
sebesar
SIB0R+0,6%. Fasilitas pinjaman ini telah
dilunasi oleh Bank pada tahun 2008.
h.
PT Bank Ekspor Indonesia (Persero) (BEI)
DBS Bank Ltd., Singapore (DBS)
This borrowing is obtained from DBS
representing financing facility in Singapore
Dollars with a term of 180 days starting from
December 18, 2007 to June 24, 2008. This
borrowing bears interest rate per annum at
SIBOR+0.6%. This borrowing was settled by
the Bank on 2008.
Singapura
h.
Fasilitas pinjaman yang diperoleh dari
Stanchart ini merupakan fasilitas pembiayaan
dalam mata uang Dolar Singapura dengan
jangka waktu 181 hari sejak tanggal 5 Juli 2006
sampai dengan 2 Januari 2007. Pinjaman ini
dikenakan
bunga
per
tahun
sebesar
SIBOR+0,85%. Fasilitas pinjaman ini telah
dilunasi oleh Bank pada tahun 2007.
Standard Chartered
(Stanchart)
Bank,
Singapore
This borrowing is obtained from Stanchart
representing a financing facility in Singapore
Dollars with a term of 181 days from July 5,
2006 to January 2, 2007. This borrowing bears
interest rateper annum at SIBOR+0.85%. This
borrowing was settled by the Bank in 2007.
100
The original consolidated financial statements included herein are in
the Indonesian language.
PT BANK BUKOPIN TBK.
AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS
Years Ended December 31, 2008 and 2006
With Comparative Figures For 2007
(Expressed in millions of Rupiah,
unless otherwise stated)
PT BANK BUKOPIN TBK.
DAN ANAK-ANAK PERUSAHAAN
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN
Tahun yang Berakhir pada Tanggal-tanggal
31 Desember 2008 dan 2006
Dengan Angka Perbandingan Untuk 2007
(Disajikan dalam jutaan Rupiah,
kecuali dinyatakan lain)
24. ESTIMASI KERUGIAN ATAS KOMITMEN DAN
KONTINJENSI
a.
Berdasarkan jenis dan mata uang
a.
2008
Rupiah:
Fasilitas kredit yang belum
digunakan
Endorsemen surat-surat
berharga
Bank garansi yang diterbitkan
2007
2006
22.873
19.529
19.398
Unused loan facilities
18
1.438
4.256
1.339
4.239
1.270
Marketable securities endorsements
Bank guarantees issued
24.329
25.124
24.907
Foreign currencies:
3.099
2.671
25
Unused loan facilities
822
229
347
91
1.205
972
Outstanding irrevocable L/C
Bank guarantees issued
4.150
3.109
2.202
28.479
28.233
27.109
Perubahan penyisihan kerugian
b.
2008
Rupiah:
Saldo awal
(Pemulihan) penyisihan
selama tahun berjalan
Penyelesaian masalah klaim
bank garansi
Mata uang asing:
Saldo awal
Penyisihan (pemulihan)
selama tahun berjalan
Selisih kurs karena penjabaran
penjabaran mata uang
asing
Manajemen berpendapat
estimasi kerugian atas
kontinjensi telah memadai.
By type and currency
Rupiah:
Mata uang asing:
Fasilitas kredit yang belum
digunakan
L/C yang masih berjalan dan
tidak dapat dibatalkan
Bank garansi yang diterbitkan
b.
24. ESTIMATED LOSSES ON COMMITMENTS AND
CONTINGENCIES
2007
25.124
(795)
-
Movements in allowance for losses
2006
24.907
6.502
752
19.686
(535)
(1.281)
24.329
25.124
24.907
3.109
2.202
3.003
160
770
Setlement of bank guarantee claim
Foreign currencies:
Balance at beginning of year
(511)
Provision (reversal) during the year
(290)
Foreign exchange translation
881
137
4.150
3.109
2.202
28.479
28.233
27.109
bahwa jumlah
komitmen dan
Rupiah:
Balance at beginning of year
(Reversal) provision
during the year
Management believes that the estimated
losses on commitments and contingencies are
adequate.
101
The original consolidated financial statements included herein are in
the Indonesian language.
PT BANK BUKOPIN TBK.
AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS
Years Ended December 31, 2008 and 2006
With Comparative Figures For 2007
(Expressed in millions of Rupiah,
unless otherwise stated)
PT BANK BUKOPIN TBK.
DAN ANAK-ANAK PERUSAHAAN
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN
Tahun yang Berakhir pada Tanggal-tanggal
31 Desember 2008 dan 2006
Dengan Angka Perbandingan Untuk 2007
(Disajikan dalam jutaan Rupiah,
kecuali dinyatakan lain)
25. KEWAJIBAN LAIN-LAIN
25. OTHER LIABILITIES
2008
Rupiah:
Hutang kesejahteraan pegawai
Pendapatan diterima dimuka
Bunga masih harus dibayar
Kewajiban estimasi untuk
kesejahteraan karyawan
(Catatan 37)
Setoran jaminan
Dana titipan nasabah
Lain-lain
Mata uang asing:
Pendapatan diterima di muka
Bunga yang masih harus dibayar
Setoran jaminan
Lain-lain
2007
2006
111.193
89.595
86.047
109.332
103.639
75.520
70.172
87.591
77.434
24.980
16.323
2.369
69.518
15.319
13.421
2.698
129.353
10.697
12.402
29.897
76.691
400.025
449.282
364.884
36.168
5.187
3.905
2.130
18.870
4.978
3.229
2.899
11.330
3.474
2.761
1.422
47.390
29.976
18.987
447.415
479.258
383.871
Rupiah:
Employee benefits payable
Unearned income
Interest payables
Estimated liability for employee
service entitlements
(Note 37)
Guarantee deposits
Customer deposits
Others
Foreign currency:
Unearned income
Interest payables
Guarantee deposits
Others
Hutang
kesejahteraan
pegawai
meliputi
pencadangan tunjangan, bonus, tantiem, dan dana
pendidikan.
Employee benefits payable represent accrual
for allowance, bonus, tantiem, and training
expenses.
Pendapatan diterima dimuka meliputi pendapatan
provisi kredit, L/C dan akseptasi yang diamortisasi
sesuai dengan jangka waktu.
Unearned income represent income from fees
and commission from loan, L/C, and
acceptance which are amortized during the
period.
Bunga masih harus dibayar merupakan beban
bunga simpanan, surat-surat berharga yang
diterbitkan, dan pinjaman yang diterima.
Interest payables represent interest expenses
for deposits, marketable securities issued, and
borrowings.
Lain-lain terdiri dari titipan debitur atas fasilitas
kredit yang diterima dari Bank, kewajiban kepada
pihak lain atas pembayaran (pembelian) sarana dan
prasarana, dan lain-lain.
Others consist of debtor’s deposits for Bank’s
loan facilities, obligations to other parties for
payment (purchasing) of infrastructures and
others.
102
The original consolidated financial statements included herein are in
the Indonesian language.
PT BANK BUKOPIN TBK.
AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS
Years Ended December 31, 2008 and 2006
With Comparative Figures For 2007
(Expressed in millions of Rupiah,
unless otherwise stated)
PT BANK BUKOPIN TBK.
DAN ANAK-ANAK PERUSAHAAN
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN
Tahun yang Berakhir pada Tanggal-tanggal
31 Desember 2008 dan 2006
Dengan Angka Perbandingan Untuk 2007
(Disajikan dalam jutaan Rupiah,
kecuali dinyatakan lain)
26. EKUITAS
a.
26. SHAREHOLDERS’ EQUITY
Modal saham
a.
Susunan pemegang saham Bank masingmasing pada tanggal 31 Desember 2008,
2007, dan 2006 adalah sebagai berikut:
Capital stock
The Bank’s shareholders as at December 31,
2008, 2007, and 2006 are as follows:
2008
Jumlah Saham
(nilai penuh)/
Number of
Shares (full
amount
I. Saham Biasa Kelas A
(Rp 10.000 (nilai penuh)
per lembar saham)
Yayasan Bina Sejahtera Warga
(Yabinstra) Bulog
Negara Republik Indonesia
Induk Koperasi Unit Desa (Inkud)
Koperasi Perkayuan Apkindo-MPI
(Kopkapindo)
Koperasi Pegawai Badan Urusan
Logistik (Kopel-Bulog)
Koperasi Pegawai Departemen
Koperasi dan Pembinaan
Pengusaha Kecil (KPDK)
Koperasi Karyawan Bank Bukopin
Jakarta (KKBJ)
Gabungan Koperasi Batik Indonesia
(GKBI)
Induk Koperasi Karyawan (Inkopkar)
Induk Koperasi Tentara Nasional
Indonesia Angkatan Darat (Inkopad)
Induk Koperasi Kepolisian Republik
Indonesia (Inkoppol)
Induk Koperasi Veteran Republik Indonesia
(Inkoveri)
Induk Koperasi Perikanan Indonesia
(IKPI)
Induk Koperasi Tentara Nasional
Indonesia Angkatan Laut (Inkopal)
Induk Koperasi Tentara Nasional
Indonesia Angkatan Udara (Inkopau)
Koperasi Pemuda Indonesia (Kopindo)
Induk Koperasi Purnawirawan
Angkatan Bersenjata Republik
Indonesia (Inkoppabri)
Induk Koperasi Wredatama (Inkoptama)
Pusat Koperasi Pelayaran Rakyat
(Puskopelra)
Gabungan Koperasi Susu Indonesia
(GKSI)
Jumlah Saham Biasa Kelas A
Persentase
Kepemilikan/
Percentage of
ownership (%)
Jumlah modal
ditempatkan
dan disetor
penuh/
Issued and
fully paid-up
capital stock
47.154
0,00
472
42.174
0,00
422
36.006
19.047
0,00
0,00
360
190
16.002
10.693
0,00
0,00
160
106
10.622
0,00
106
5.981
0,00
59
I. Common A Shares
(Rp 10,000 (full amount)
per share)
Yayasan Bina Sejahtera Warga
(Yabinstra) Bulog
Negara Republik Indonesia
Induk Koperasi Unit Desa (Inkud)
Koperasi Perkayuan Apkindo-MPI
(Kopkapindo)
Koperasi Pegawai Badan Urusan
Logistik (Kopel-Bulog)
Koperasi Pegawai Departemen
Koperasi dan Pembinaan
Pengusaha Kecil (KPDK)
Koperasi Karyawan Bank Bukopin
Jakarta (KKBJ)
Gabungan Koperasi Batik Indonesia
(GKBI)
Induk Koperasi Karyawan (Inkopkar)
Induk Koperasi Tentara Nasional
Indonesia Angkatan Darat (Inkopad)
Induk Koperasi Kepolisian Republik
Indonesia (Inkoppol)
Induk Koperasi Veteran Republik Indonesia
(Inkoveri)
Induk Koperasi Perikanan Indonesia
(IKPI)
Induk Koperasi Tentara Nasional
Indonesia Angkatan Laut (Inkopal)
Induk Koperasi Tentara Nasional
Indonesia Angkatan Udara (Inkopau)
Koperasi Pemuda Indonesia (Kopindo)
Induk Koperasi Purnawirawan
Angkatan Bersenjata Republik
Indonesia (Inkoppabri)
Induk Koperasi Wredatama (Inkoptama)
Pusat Koperasi Pelayaran Rakyat
(Puskopelra)
Gabungan Koperasi Susu Indonesia
(GKSI)
21.337.978
0,36
213.379
Total Common A Shares
6.118.188
4.736.255
3.784.151
0,11
0,08
0,07
61.182
47.363
37.842
2.971.207
0,05
29.712
1.750.557
0,03
17.506
1.391.840
0,02
13.918
119.649
0,00
1.196
73.256
55.991
0,00
0,00
733
560
51.375
0,00
514
49.298
0,00
493
48.532
0,00
485
103
The original consolidated financial statements included herein are in
the Indonesian language.
PT BANK BUKOPIN TBK.
AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS
Years Ended December 31, 2008 and 2006
With Comparative Figures For 2007
(Expressed in millions of Rupiah,
unless otherwise stated)
PT BANK BUKOPIN TBK.
DAN ANAK-ANAK PERUSAHAAN
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN
Tahun yang Berakhir pada Tanggal-tanggal
31 Desember 2008 dan 2006
Dengan Angka Perbandingan Untuk 2007
(Disajikan dalam jutaan Rupiah,
kecuali dinyatakan lain)
26. EKUITAS (lanjutan)
a.
26. SHAREHOLDERS’ EQUITY (continued)
Modal saham (lanjutan)
a.
Capital stock (continued)
2008
Jumlah Saham
(nilai penuh)/
Number of
Shares (full
amount
Persentase
Kepemilikan/
Percentage of
ownership (%)
II. Saham Biasa Kelas B
(Rp 100 (nilai penuh)
per lembar saham)
Koperasi Pegawai Bulog Seluruh
Indonesia (Kopelindo)
2.327.819.153
Negara Republik Indonesia
1.034.232.376
Yayasan Bina Sejahtera Warga
(Yabinstra) Bulog
687.385.206
Koperasi Perkayuan Apkindo-MPI
(Kopkapindo)
399.559.599
Induk Koperasi Unit Desa (Inkud)
209.379.638
Koperasi Karyawan Bank Bukopin
Jakarta (KKBJ)
118.921.111
Koperasi Pegawai Badan Urusan
Logistik (Kopel)
7.653.110
Gabungan Koperasi Batik Indonesia
(GKBI)
4.053.287
Induk Koperasi Karyawan (Inkopkar)
3.098.097
Induk Koperasi Tentara Nasional
Indonesia Angkatan Darat (Inkopad)
2.842.597
Induk Koperasi Kepolisian Republik
Indonesia (Inkoppol)
2.727.686
Induk Koperasi Veteran Republik Indonesia
(Inkoveri)
2.685.285
Induk Koperasi Perikanan Indonesia
(IKPI)
2.609.085
Induk Koperasi Tentara Nasional
Indonesia Angkatan Laut (Inkopal)
2.333.527
Induk Koperasi Tentara Nasional
Indonesia Angkatan Udara (Inkopau)
1.992.215
Koperasi Pegawai Departemen
Koperasi dan Pembinaan
Pengusaha Kecil (KPDK)
1.840.464
Koperasi Pemuda Indonesia (Kopindo)
1.053.883
Induk Koperasi Purnawirawan
Angkatan Bersenjata Republik
Indonesia (Inkoppabri)
885.424
Induk Koperasi Wredatama (Inkoptama)
591.657
Pusat Koperasi Pelayaran Rakyat
(Puskopelra)
587.723
Gabungan Koperasi Susu Indonesia
(GKSI)
330.927
Masyarakat (masing-masing kepemilikan
kurang dari 5%
879.939.000
Jumlah modal
ditempatkan
dan disetor
penuh/
Issued and
fully paid-up
capital stock
15,40
87.994
II. Common B Shares
(Rp 100 (full amount)
per share)
Koperasi Pegawai Bulog Seluruh
Indonesia (Kopelindo)
Negara Republik Indonesia
Yayasan Bina Sejahtera Warga
(Yabinstra) Bulog
Koperasi Perkayuan Apkindo-MPI
(Kopkapindo)
Induk Koperasi Unit Desa (Inkud)
Koperasi Karyawan Bank Bukopin
Jakarta (KKBJ)
Koperasi Pegawai Badan Urusan
Logistik (Kopel)
Gabungan Koperasi Batik Indonesia
(GKBI)
Induk Koperasi Karyawan (Inkopkar)
Induk Koperasi Tentara Nasional
Indonesia Angatan Darat (Inkopad)
Induk Koperasi Kepolisian Republik
Indonesia (Inkoppol)
Induk Koperasi Veteran Republik Indonesia
(Inkoveri)
Induk Koperasi Perikanan Indonesia
(IKPI)
Induk Koperasi Tentara Nasional
Indonesia Angkatan Laut (Inkopal)
Induk Koperasi Tentara Nasional
Indonesia Angkatan Udara (Inkopau)
Koperasi Pegawai Departemen
Koperasi dan Pembinaan
Pengusaha Kecil (KPDK)
Koperasi Pemuda Indonesia (Kopindo)
Induk Koperasi Purnawirawan
Angkatan Bersenjata Republik
Indonesia (Inkoppabri)
Induk Koperasi Wredatama (Inkoptama)
Pusat Koperasi Pelayaran Rakyat
(Puskopelra)
Gabungan Koperasi Susu Indonesia
(GKSI)
Public (Individual ownership of
less than 5%)
Jumlah saham biasa kelas B
5.692.521.050
99,64
569.254
Total common B shares
Jumlah saham biasa
5.713.859.028
100.00
782.633
Total common shares
104
40,74
18,10
232.783
103.423
12,03
68.739
6,99
3,66
39.956
20.939
2,09
11.892
0,13
765
0,07
0,05
405
310
0,05
284
0,05
273
0,05
269
0,05
261
0,04
233
0,04
199
0,03
0,02
184
105
0,02
0,01
89
59
0,01
59
0,01
33
The original consolidated financial statements included herein are in
the Indonesian language.
PT BANK BUKOPIN TBK.
AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS
Years Ended December 31, 2008 and 2006
With Comparative Figures For 2007
(Expressed in millions of Rupiah,
unless otherwise stated)
PT BANK BUKOPIN TBK.
DAN ANAK-ANAK PERUSAHAAN
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN
Tahun yang Berakhir pada Tanggal-tanggal
31 Desember 2008 dan 2006
Dengan Angka Perbandingan Untuk 2007
(Disajikan dalam jutaan Rupiah,
kecuali dinyatakan lain)
26. EKUITAS (lanjutan)
a.
26. SHAREHOLDERS’ EQUITY (continued)
Modal saham (lanjutan)
a.
Capital stock (continued)
2007
Jumlah Saham
(nilai penuh)/
Number of
Shares (full
amount
I. Saham Biasa Kelas A
(Rp 10.000 (nilai penuh)
per lembar saham)
Yayasan Bina Sejahtera Warga
(Yabinstra) Bulog
Negara Republik Indonesia
Induk Koperasi Unit Desa (Inkud)
Koperasi Perkayuan Apkindo-MPI
(Kopkapindo)
Koperasi Pegawai Badan Urusan
Logistik (Kopel-Bulog)
Koperasi Pegawai Departemen
Koperasi dan Pembinaan
Pengusaha Kecil (KPDK)
Koperasi Karyawan Bank Bukopin
Jakarta (KKBJ)
Gabungan Koperasi Batik Indonesia
(GKBI)
Induk Koperasi Karyawan (Inkopkar)
Induk Koperasi Tentara Nasional
Indonesia Angkatan Darat (Inkopad)
Induk Koperasi Kepolisian Republik
Indonesia (Inkoppol)
Induk Koperasi Veteran Republik Indonesia
(Inkoveri)
Induk Koperasi Perikanan Indonesia
(IKPI)
Induk Koperasi Tentara Nasional
Indonesia Angkatan Laut (Inkopal)
Induk Koperasi Tentara Nasional
Indonesia Angkatan Udara (Inkopau)
Koperasi Pemuda Indonesia (Kopindo)
Induk Koperasi Purnawirawan
Angkatan Bersenjata Republik
Indonesia (Inkoppabri)
Induk Koperasi Wredatama (Inkoptama)
Pusat Koperasi Pelayaran Rakyat
(Puskopelra)
Gabungan Koperasi Susu Indonesia
(GKSI)
Jumlah Saham Biasa Kelas A
Persentase
Kepemilikan/
Percentage of
ownership (%)
Jumlah modal
ditempatkan
dan disetor
penuh/
Issued and
fully paid-up
capital stock
51.375
0,00
514
49.298
0,00
493
48.532
0,00
485
47.154
0,00
472
42.174
0,00
422
36.006
19.047
0,00
0,00
360
190
16.002
10.693
0,00
0,00
160
106
10.622
0,00
106
5.981
0,00
59
I. Common A Shares
(Rp 10,000 (full amount)
per share)
Yayasan Bina Sejahtera Warga
(Yabinstra) Bulog
Negara Republik Indonesia
Induk Koperasi Unit Desa (Inkud)
Koperasi Perkayuan Apkindo-MPI
(Kopkapindo)
Koperasi Pegawai Badan Urusan
Logistik (Kopel-Bulog)
Koperasi Pegawai Departemen
Koperasi dan Pembinaan
Pengusaha Kecil (KPDK)
Koperasi Karyawan Bank Bukopin
Jakarta (KKBJ)
Gabungan Koperasi Batik Indonesia
(GKBI)
Induk Koperasi Karyawan (Inkopkar)
Induk Koperasi Tentara Nasional
Indonesia Angkatan Darat (Inkopad)
Induk Koperasi Kepolisian Republik
Indonesia (Inkoppol)
Induk Koperasi Veteran Republik Indonesia
(Inkoveri)
Induk Koperasi Perikanan Indonesia
(IKPI)
Induk Koperasi Tentara Nasional
Indonesia Angkatan Laut (Inkopal)
Induk Koperasi Tentara Nasional
Indonesia Angkatan Udara (Inkopau)
Koperasi Pemuda Indonesia (Kopindo)
Induk Koperasi Purnawirawan
Angkatan Bersenjata Republik
Indonesia (Inkoppabri)
Induk Koperasi Wredatama (Inkoptama)
Pusat Koperasi Pelayaran Rakyat
(Puskopelra)
Gabungan Koperasi Susu Indonesia
(GKSI)
21.337.978
0,36
213.379
Total Common A Shares
6.118.188
4.736.255
3.784.151
0,11
0,08
0,07
61.182
47.363
37.842
2.971.207
0,05
29.712
1.750.557
0,03
17.506
1.391.840
0,02
13.918
119.649
0,00
1.196
73.256
55.991
0,00
0,00
733
560
105
The original consolidated financial statements included herein are in
the Indonesian language.
PT BANK BUKOPIN TBK.
AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS
Years Ended December 31, 2008 and 2006
With Comparative Figures For 2007
(Expressed in millions of Rupiah,
unless otherwise stated)
PT BANK BUKOPIN TBK.
DAN ANAK-ANAK PERUSAHAAN
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN
Tahun yang Berakhir pada Tanggal-tanggal
31 Desember 2008 dan 2006
Dengan Angka Perbandingan Untuk 2007
(Disajikan dalam jutaan Rupiah,
kecuali dinyatakan lain)
26. EKUITAS (lanjutan)
a.
26. SHAREHOLDERS’ EQUITY (continued)
Modal saham (lanjutan)
a.
Capital stock (continued)
2007
Jumlah Saham
(nilai penuh)/
Number of
Shares (full
amount
Persentase
Kepemilikan/
Percentage of
ownership (%)
II. Saham Biasa Kelas B
(Rp 100 (nilai penuh)
per lembar saham)
Koperasi Pegawai Bulog Seluruh
Indonesia (Kopelindo)
2.260.454.653
Negara Republik Indonesia
1.034.232.376
Yayasan Bina Sejahtera Warga
(Yabinstra) Bulog
679.035.706
Koperasi Perkayuan Apkindo-MPI
(Kopkapindo)
399.559.599
Induk Koperasi Unit Desa (Inkud)
209.379.638
Koperasi Karyawan Bank Bukopin
Jakarta (KKBJ)
6.620.260
Koperasi Pegawai Departemen
Koperasi dan Pembinaan
Pengusaha Kecil (KPDK)
1.840.464
Koperasi Pegawai Badan Urusan
Logistik (Kopel-Bulog)
7.353.110
Gabungan Koperasi Batik Indonesia
(GKBI)
4.053.287
Induk Koperasi Karyawan (Inkopkar)
3.098.097
Induk Koperasi Tentara Nasional
Indonesia Angkatan Darat (Inkopad)
2.842.597
Induk Koperasi Kepolisian Republik
Indonesia (Inkoppol)
2.727.686
Induk Koperasi Veteran Republik Indonesia
(Inkoveri)
2.685.285
Induk Koperasi Perikanan Indonesia
(IKPI)
2.609.085
Induk Koperasi Tentara Nasional
Indonesia Angkatan Laut (Inkopal)
2.333.527
Induk Koperasi Tentara Nasional
Indonesia Angkatan Udara (Inkopau)
1.992.215
Koperasi Pemuda Indonesia (Kopindo)
1.053.883
Induk Koperasi Purnawirawan
Angkatan Bersenjata Republik
Indonesia (Inkoppabri)
885.424
Induk Koperasi Wredatama (Inkoptama)
591.657
Pusat Koperasi Pelayaran Rakyat
(Puskopelra)
587.723
Gabungan Koperasi Susu Indonesia
(GKSI)
330.927
Masyarakat (masing-masing kepemilikan
dibawah 5%
1.066.732.851
Jumlah modal
ditempatkan
dan disetor
penuh/
Issued and
fully paid-up
capital stock
0,01
33
18,67
106.673
II. Common B Shares
(Rp 100 (full amount)
per share)
Koperasi Pegawai Bulog Seluruh
Indonesia (Kopelindo)
Negara Republik Indonesia
Yayasan Bina Sejahtera Warga
(Yabinstra) Bulog
Koperasi Perkayuan Apkindo-MPI
(Kopkapindo)
Induk Koperasi Unit Desa (Inkud)
Koperasi Karyawan Bank Bukopin
Jakarta (KKBJ)
Koperasi Pegawai Departemen
Koperasi dan Pembinaan
Pengusaha Kecil (KPDK)
Koperasi Pegawai Badan Urusan
Logistik (Kopel-Bulog)
Gabungan Koperasi Batik Indonesia
(GKBI)
Induk Koperasi Karyawan (Inkopkar)
Induk Koperasi Tentara Nasional
Indonesia Angkatan Darat (Inkopad)
Induk Koperasi Kepolisian Republik
Indonesia (Inkoppol)
Induk Koperasi Veteran Republik Indonesia
(Inkoveri)
Induk Koperasi Perikanan Indonesia
(IKPI)
Induk Koperasi Tentara Nasional
Indonesia Angkatan Laut (Inkopal)
Induk Koperasi Tentara Nasional
Indonesia Angkatan Udara (Inkopau)
Koperasi Pemuda Indonesia (Kopindo)
Induk Koperasi Purnawirawan
Angkatan Bersenjata Republik
Indonesia (Inkoppabri)
Induk Koperasi Wredatama (Inkoptama)
Pusat Koperasi Pelayaran Rakyat
(Puskopelra)
Gabungan Koperasi Susu Indonesia
(GKSI)
Public (Individual ownership of
less than 5%)
39,57
18,11
226.046
103.423
11,89
67.904
6,99
3,67
39.956
20.938
0,12
662
0,03
184
0,13
735
0,07
0,05
405
310
0,05
284
0,05
273
0,05
269
0,05
261
0,04
233
0,03
0,02
199
105
0,02
0,01
89
59
0,01
59
Jumlah saham biasa kelas B
5.691.000.050
99,64
569.100
Total common B shares
Jumlah saham biasa
5.712.338.028
100.00
782.479
Total common shares
106
The original consolidated financial statements included herein are in
the Indonesian language.
PT BANK BUKOPIN TBK.
AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS
Years Ended December 31, 2008 and 2006
With Comparative Figures For 2007
(Expressed in millions of Rupiah,
unless otherwise stated)
PT BANK BUKOPIN TBK.
DAN ANAK-ANAK PERUSAHAAN
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN
Tahun yang Berakhir pada Tanggal-tanggal
31 Desember 2008 dan 2006
Dengan Angka Perbandingan Untuk 2007
(Disajikan dalam jutaan Rupiah,
kecuali dinyatakan lain)
26. EKUITAS (lanjutan)
a.
26. SHAREHOLDERS’ EQUITY (continued)
Modal saham (lanjutan)
a.
Capital stock (continued)
2006
Jumlah Saham
(nilai penuh)/
Number of
Shares (full
amount
I. Saham Biasa Kelas A
(Rp 10.000 (nilai penuh)
per lembar saham)
Yayasan Bina Sejahtera Warga
(Yabinstra) Bulog
Negara Republik Indonesia
Induk Koperasi Unit Desa (Inkud)
Koperasi Perkayuan Apkindo-MPI
(Kopkapindo)
Koperasi Pegawai Bulog (Kopel-Bulog)
Koperasi Pegawai Departemen
Koperasi dan Pembinaan
Pengusaha Kecil (KPDK)
Koperasi Karyawan Bank Bukopin
Jakarta (KKBJ)
Gabungan Koperasi Batik Indonesia
(GKBI)
Induk Koperasi Karyawan (Inkopkar)
Induk Koperasi Tentara Nasional
Indonesia Angkatan Darat (Inkopad)
Induk Koperasi Kepolisian Republik
Indonesia (Inkoppol)
Induk Koperasi Veteran Republik Indonesia
(Inkoveri)
Induk Koperasi Perikanan Indonesia
(IKPI)
Induk Koperasi Tentara Nasional
Indonesia Angkatan Laut (Inkopal)
Induk Koperasi Tentara Nasional
Indonesia Angkatan Udara (Inkopau)
Koperasi Pemuda Indonesia (Kopindo)
Induk Koperasi Purnawirawan
Angkatan Bersenjata Republik
Indonesia (Inkoppabri)
Induk Koperasi Wredatama (Inkoptama)
Pusat Koperasi Pelayaran Rakyat
(Puskopelra)
Gabungan Koperasi Susu Indonesia
(GKSI)
Jumlah Saham Biasa Kelas A
Persentase
Kepemilikan/
Percentage of
ownership (%)
Jumlah modal
ditempatkan
dan disetor
penuh/
Issued and
fully paid-up
capital stock
51.375
0,00
514
49.298
0,00
493
48.532
0,00
485
47.154
0,00
472
42.174
0,00
422
36.006
19.047
0,00
0,00
360
190
16.002
10.693
0,00
0,00
160
107
10.622
0,00
106
5.981
0,00
60
I. Common A Shares
(Rp 10,000 (full amount)
per share)
Yayasan Bina Sejahtera Warga
(Yabinstra) Bulog
Negara Republik Indonesia
Induk Koperasi Unit Desa (Inkud)
Koperasi Perkayuan Apkindo-MPI
(Kopkapindo)
Koperasi Pegawai Bulog (Kopel-Bulog)
Koperasi Pegawai Departemen
Koperasi dan Pembinaan
Pengusaha Kecil (KPDK)
Koperasi Karyawan Bank Bukopin
Jakarta (KKBJ)
Gabungan Koperasi Batik Indonesia
(GKBI)
Induk Koperasi Karyawan (Inkopkar)
Induk Koperasi Tentara Nasional
Indonesia Angkatan Darat (Inkopad)
Induk Koperasi Kepolisian Republik
Indonesia (Inkoppol)
Induk Koperasi Veteran Republik Indonesia
(Inkoveri)
Induk Koperasi Perikanan Indonesia
(IKPI)
Induk Koperasi Tentara Nasional
Indonesia Angkatan Laut (Inkopal)
Induk Koperasi Tentara Nasional
Indonesia Angkatan Udara (Inkopau)
Koperasi Pemuda Indonesia (Kopindo)
Induk Koperasi Purnawirawan
Angkatan Bersenjata Republik
Indonesia (Inkoppabri)
Induk Koperasi Wredatama (Inkoptama)
Pusat Koperasi Pelayaran Rakyat
(Puskopelra)
Gabungan Koperasi Susu Indonesia
(GKSI)
21.337.978
0,38
213.380
Total Common A Shares
6.118.188
4.736.255
3.784.151
0,11
0,09
0,07
61.182
47.363
37.841
2.971.207
1.750.557
0,05
0,03
29.712
17.506
1.391.840
0,03
13.918
119.649
0,00
1.196
73.256
55.991
0,00
0,00
733
560
107
The original consolidated financial statements included herein are in
the Indonesian language.
PT BANK BUKOPIN TBK.
AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS
Years Ended December 31, 2008 and 2006
With Comparative Figures For 2007
(Expressed in millions of Rupiah,
unless otherwise stated)
PT BANK BUKOPIN TBK.
DAN ANAK-ANAK PERUSAHAAN
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN
Tahun yang Berakhir pada Tanggal-tanggal
31 Desember 2008 dan 2006
Dengan Angka Perbandingan Untuk 2007
(Disajikan dalam jutaan Rupiah,
kecuali dinyatakan lain)
26. EKUITAS (lanjutan)
a.
26. SHAREHOLDERS’ EQUITY (continued)
Modal saham (lanjutan)
a.
Capital stock (continued)
2006
Jumlah Saham
(nilai penuh)/
Number of
Shares (full
amount
Persentase
Kepemilikan/
Percentage of
ownership (%)
II. Saham Biasa Kelas B
(Rp 100 (nilai penuh)
per lembar saham)
Koperasi Pegawai Bulog Seluruh
Indonesia (Kopelindo)
2.248.756.653
Negara Republik Indonesia
1.034.232.376
Yayasan Bina Sejahtera Warga
(Yabinstra) Bulog
677.154.706
Koperasi Perkayuan Apkindo-MPI
(Kopkapindo)
399.559.599
Induk Koperasi Unit Desa (Inkud)
209.379.638
Koperasi Karyawan Bank Bukopin
Jakarta (KKBJ)
160.336.111
Koperasi Pegawai Departemen
Koperasi dan Pembinaan
Pengusaha Kecil (KPDK)
77.011.464
Koperasi Pegawai Badan Urusan
Logistik (Kopel)
7.653.110
Gabungan Koperasi Batik Indonesia
(GKBI)
4.053.287
Induk Koperasi Karyawan (Inkopkar)
3.098.097
Induk Koperasi Tentara Nasional
Indonesia Angkatan Darat (Inkopad)
2.842.597
Induk Koperasi Kepolisian Republik
Indonesia (Inkoppol)
2.727.686
Induk Koperasi Veteran Republik Indonesia
(Inkoveri)
2.685.285
Induk Koperasi Perikanan Indonesia
(IKPI)
2.609.085
Induk Koperasi Tentara Nasional
Indonesia Angkatan Laut (Inkopal)
2.333.527
Induk Koperasi Tentara Nasional
Indonesia Angkatan Udara (Inkopau)
1.992.215
Koperasi Pemuda Indonesia (Kopindo)
1.053.883
Induk Koperasi Purnawirawan
Angkatan Bersenjata Republik
Indonesia (Inkoppabri)
885.424
Induk Koperasi Wredatama (Inkoptama)
591.657
Pusat Koperasi Pelayaran Rakyat
(Puskopelra)
936.723
Gabungan Koperasi Susu Indonesia
(GKSI)
330.927
Masyarakat (masing-masing kepemilikan
dibawah 5%
763.541.500
Jumlah modal
ditempatkan
dan disetor
penuh/
Issued and
fully paid-up
capital stock
0,01
33
13,57
76.354
II. Common B Shares
(Rp 100 (full amount)
per share)
Koperasi Pegawai Bulog Seluruh
Indonesia (Kopelindo)
Negara Republik Indonesia
Yayasan Bina Sejahtera Warga
(Yabinstra) Bulog
Koperasi Perkayuan Apkindo-MPI
(Kopkapindo)
Induk Koperasi Unit Desa (Inkud)
Koperasi Karyawan Bank Bukopin
Jakarta (KKBJ)
Koperasi Pegawai Departemen
Koperasi dan Pembinaan
Pengusaha Kecil (KPDK)
Koperasi Pegawai Badan Urusan
Logistik (Kopel)
Gabungan Koperasi Batik Indonesia
(GKBI)
Induk Koperasi Karyawan (Inkopkar)
Induk Koperasi Tentara Nasional
Indonesia Angkatan Darat (Inkopad)
Induk Koperasi Kepolisian Republik
Indonesia (Inkoppol)
Induk Koperasi Veteran Republik Indonesia
(Inkoveri)
Induk Koperasi Perikanan Indonesia
(IKPI)
Induk Koperasi Tentara Nasional
Indonesia Angkatan Laut (Inkopal)
Induk Koperasi Tentara Nasional
Indonesia Angkatan Udara (Inkopau)
Koperasi Pemuda Indonesia (Kopindo)
Induk Koperasi Purnawirawan
Angkatan Bersenjata Republik
Indonesia (Inkoppabri)
Induk Koperasi Wredatama (Inkoptama)
Pusat Koperasi Pelayaran Rakyat
(Puskopelra)
Gabungan Koperasi Susu Indonesia
(GKSI)
Public (Individual ownership of
less than 5%)
39,98
18,38
224.876
103.423
12,04
67.715
7,10
3,72
39.956
20.938
2,85
16.034
1,37
7.701
0,13
765
0,07
0,05
405
310
0,05
284
0,05
273
0,05
269
0,05
261
0,04
233
0,04
0,02
199
105
0,02
0,01
89
59
0,02
94
Jumlah saham biasa kelas B
5.603.765.550
99,62
560.376
Total common B shares
Jumlah saham biasa
5.625.103.528
100,00
773.756
Total common shares
Semua saham yang dikeluarkan oleh Bank
adalah saham atas nama dan setiap saham
mempunyai 1 (satu) hak suara.
All common shares issued by the Bank entitle
the holder to have 1 (one) vote per share.
108
The original consolidated financial statements included herein are in
the Indonesian language.
PT BANK BUKOPIN TBK.
AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS
Years Ended December 31, 2008 and 2006
With Comparative Figures For 2007
(Expressed in millions of Rupiah,
unless otherwise stated)
PT BANK BUKOPIN TBK.
DAN ANAK-ANAK PERUSAHAAN
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN
Tahun yang Berakhir pada Tanggal-tanggal
31 Desember 2008 dan 2006
Dengan Angka Perbandingan Untuk 2007
(Disajikan dalam jutaan Rupiah,
kecuali dinyatakan lain)
26. EKUITAS (lanjutan)
a.
26. SHAREHOLDERS’ EQUITY (continued)
Modal saham (lanjutan)
a.
Capital stock (continued)
Berdasarkan Rapat Umum Pemegang Saham
Luar Biasa yang diselenggarakan pada tanggal
20 April 2005 yang dituangkan dalam akta
notaris
No. 26
dari
Notaris
Lindasari
Bachroem, S.H., para pemegang saham
menyetujui peningkatan modal dasar dari
Rp1.000.000 menjadi Rp2.500.000, melakukan
penggabungan jumlah lembar saham atas nilai
nominal modal ditempatkan dan disetor penuh
untuk saham biasa kelas A dari Rp1.000 (nilai
penuh) per saham menjadi Rp10.000 (nilai
penuh) per saham dan saham biasa kelas B
dari Rp10 (nilai penuh) per saham menjadi
Rp100 (nilai penuh) per saham.
Based on the Extraordinary General Meeting of
Shareholders held on April 20, 2005 which was
covered by notarial deed No. 26 of Lindasari
Bachroem, S.H., the shareholders agreed to
increase
the
authorized
capital
from
Rp1,000,000 to Rp2,500,000, to increase the
share nominal value of issued and fully paid-up
capital for common A shares from Rp1,000 (full
amount) to Rp10,000 (full amount) per share,
and common B shares from Rp10 (full amount)
to Rp100 (full amount) per share.
Berdasarkan Rapat Umum Pemegang Saham
Luar Biasa yang diselenggarakan tanggal
12 Oktober 2004 yang dituangkan dalam akta
notaris No. 4 oleh Notaris Lindasari Bachroem,
S.H., para pemegang saham menyetujui
konversi atas tambahan modal disetor menjadi
modal saham disetor penuh. Selanjutnya
seluruh pemegang saham, kecuali Negara
Republik
Indonesia
menyetujui
untuk
mengalihkan sebesar 5% dari hasil konversi
tersebut kepada satu atau lebih koperasi
karyawan di dalam Bank. Pada tanggal 3
Februari 2005, koperasi karyawan menerima
sejumlah 1.537.158.511 saham biasa kelas B
atau sebesar Rp15.372. Pengalihan tersebut
telah dilakukan melalui akta No. 2 sampai 20
oleh Notaris Lindasari Bachroem S.H. tanggal
3 Februari 2005 dan dilaporkan kepada Menteri
Kehakiman dan Hak Asasi Manusia Republik
Indonesia.
Based on the Extraordinary General Meeting of
Shareholders held on October 12, 2004 which
was covered by notarial deed No. 4 of Lindasari
Bachroem, S.H., the shareholders approved the
conversion of its additional paid-in capital to
paid-up capital. In addition, the shareholders,
except for the Government of the Republic of
Indonesia agreed to transfer 5% of shares from
the conversion of additional paid-in capital to the
Bank’s employees through one or more
employee cooperatives in the Bank. On
February 3, 2005, Koperasi Karyawan Bank
Bukopin Jakarta received 1,537,158,511
common B shares amounting to Rp15,372.
These transfers were covered by notarial deeds
No. 2 to 20 dated February 3, 2005 of Lindasari
Bachroem, S.H., and have been reported to the
Ministry of Justice and Human Rights of the
Republic of Indonesia.
Berdasarkan Rapat Umum Pemegang Saham
Luar Biasa yang diselenggarakan tanggal
20 April 2005, anggaran dasar Bank telah
mengalami perubahan yang dinyatakan dengan
akta notaris No. 19 dari Notaris Lindasari
Bachroem, S.H. tanggal 16 September 2008
tentang perubahan modal ditempatkan dan
disetor penuh yang terdiri dan 21.337.978
saham kelas A dengan nilai nominal sebesar
Rp213.379.780.000
(nilai
penuh)
dan
5.692.521.050 saham kelas B dengan nilai
nominal Rp569.252.105.000 (nilai penuh).
Perubahan ini telah diterima oleh Menteri
Hukum dan Hak Asasi Manusia dengan Surat
Keputusan No. AHU-AH.01.10-25437 tanggal
18 Desember 2008.
Based on the Extraordinary General Meeting of
Shareholders held on April 20, 2005, the articles
of association have been amended with recent
changes by notarial deed No. 19 dated
September 16, 2008 of Lindasari Bachroem,
S.H.. The amendment was in respect of the
change in issued and paid-up capital stock
which was consisting of 21,337,978 common A
shares with par value amounting to
Rp213,379,780,000
(full
amount)
and
5,692,521,050 common B shares with par value
amounting to Rp569,252,105,000 (full amount).
This amendment was received by the Minister of
Justice and Human Rights of the Republic of
Indonesia with its Decision Letter No. AHUAH.01.10-25437 dated December 18, 2008.
109
The original consolidated financial statements included herein are in
the Indonesian language.
PT BANK BUKOPIN TBK.
AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS
Years Ended December 31, 2008 and 2006
With Comparative Figures For 2007
(Expressed in millions of Rupiah,
unless otherwise stated)
PT BANK BUKOPIN TBK.
DAN ANAK-ANAK PERUSAHAAN
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN
Tahun yang Berakhir pada Tanggal-tanggal
31 Desember 2008 dan 2006
Dengan Angka Perbandingan Untuk 2007
(Disajikan dalam jutaan Rupiah,
kecuali dinyatakan lain)
26. EKUITAS (lanjutan)
a.
b.
Modal saham (lanjutan)
a.
Capital stock (continued)
Penawaran Umum Saham Perdana (IPO)
Bank
Initial Public Offering (IPO) of the Bank
Pada bulan Juni 2006 Bank melaksanakan
Penawaran Umum Saham Perdana (IPO)
sejumlah 843.766.500 saham atas nama Kelas
B dengan nilai nominal sebesar Rp100 (nilai
penuh) setiap saham yang menghasilkan
penambahan modal ditempatkan dan disetor
penuh sebesar Rp84.376.
In June 2006, the Bank conducted an Initial
Public Offering (IPO) by issuing 843,765,500
common shares B with par value of Rp100 (full
amount) per share resulting to an increase in
issued and fully paid-up capital of Rp84,376.
Tambahan modal disetor agio saham bersih
b.
Additional paid-in capital - net
Tambahan modal disetor berupa agio saham
berasal dari hasil penjualan 843.765.500
lembar saham atas nama kelas B baru pada
saat IPO dengan nilai nominal Rp100 (nilai
penuh) per saham yang dijual dengan harga
penawaran Rp350 (nilai penuh) per saham.
Additional paid-in capital arose from the Bank’s
IPO by issuing 843,765,500 common shares B
with par value of Rp100 (full amount) per share
with offering price of Rp350 (full amount) per
share.
Pada tahun 2007, karyawan Bank mulai
melakukan eksekusi atas opsi saham yang
dimilikinya (Catatan 27). Saldo agio saham
pada tanggal 31 Desember 2008, 2007, dan
2006 adalah sebagai berikut:
In 2007, the Bank’s employees started to
exercise their share options (Note 27). The
balance of the additional paid-in capital as at
December 31, 2008, 2007, and 2006 are as
follow:
Agio saham dari IPO
Dikurangi: Biaya emisi
210.941
(26.247)
Saldo agio saham - bersih pada tanggal
31 Desember 2006
184.694
Balance of additional paid-in capital - net
as at December 31, 2006
33.138
Additional paid-up capital
arising from the exercise of share options
217.832
Balance of additional paid-in capital
as at December 31, 2007
578
Additional paid-up capital
arising from the exercise of share options
218.410
Balance of additional paid-in capital
as at December 31, 2008
Agio saham yang berasal dari
eksekusi opsi saham
Saldo agio saham - bersih pada tanggal
31 Desember 2007
Agio saham yang berasal dari
eksekusi opsi saham
Saldo agio saham - bersih pada tanggal
31 Desember 2008
c.
26. SHAREHOLDERS’ EQUITY (continued)
Pembagian laba
Additional paid-in capital
Less: Cost of IPO
c.
Berdasarkan Rapat Umum Pemegang Saham
tanggal 14 Mei 2008, yang dinyatakan dengan
akta notaris No. 28 dari Notaris Lindasari
Bachroem S.H., pemegang saham setuju untuk
membagikan dividen kas sebesar Rp187.563
atau 50% dari laba tahun 2007. Sisa dari laba
tahun 2007 sebesar Rp187.563 digunakan
sebagai dana cadangan umum.
Distribution of earnings
Based on the General Shareholders’ Meeting on
May 14, 2008 which was covered by notarial
deed No. 28 of Lindasari Bachroem, S.H., the
shareholders agreed to distribute cash dividends
amounting to Rp187,563 or 50% of 2007
income. The remaining 2007 income amounting
to Rp187,563 will be allocated as appropriated
reserve.
110
The original consolidated financial statements included herein are in
the Indonesian language.
PT BANK BUKOPIN TBK.
AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS
Years Ended December 31, 2008 and 2006
With Comparative Figures For 2007
(Expressed in millions of Rupiah,
unless otherwise stated)
PT BANK BUKOPIN TBK.
DAN ANAK-ANAK PERUSAHAAN
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN
Tahun yang Berakhir pada Tanggal-tanggal
31 Desember 2008 dan 2006
Dengan Angka Perbandingan Untuk 2007
(Disajikan dalam jutaan Rupiah,
kecuali dinyatakan lain)
26. EKUITAS (lanjutan)
c.
26. SHAREHOLDERS’ EQUITY (continued)
Pembagian laba (lanjutan)
c.
Distribution of earnings (continued)
Berdasarkan Rapat Umum Pemegang Saham
tanggal 23 Mei 2007, yang dinyatakan dengan
akta notaris No. 30 dari Notaris Lindasari
Bachroem S.H., pemegang saham setuju untuk
membagikan dividen kas sebesar Rp126.086
atau 40% dari laba tahun 2006. Sisa dari laba
tahun 2006 sebesar Rp189.130 akan
digunakan sebagai cadangan umum.
Based on the General SharehoIders’ Meeting on
May 23, 2007 which was covered by Notarial
deed No. 30 of Lindasari Bachroem, S.H., the
shareholders’ agreed to distribute cash
dividends amounting to Rp126,086 or 40% of
2006 income. The remaining 2006 income
amounting to Rp189,130 will be appropriated as
general reserve.
Berdasarkan Rapat Umum Pemegang Saham
tanggal 9 Mei 2006, yang dinyatakan dengan
akta notaris No. 7 dari Notaris Lindasari
Bachroem S.H., pemegang saham setuju untuk
membagikan dividen kas sebesar Rp115.503
atau 45% dari laba tahun 2005. Sisa dari laba
tahun 2005 sebesar Rp141.172 digunakan
sebagai dana cadangan umum.
Based on the General Meeting of Shareholders
on May 9, 2006 which was covered by notarial
deed No. 7 of Lindasari Bachroem, S.H., the
shareholders agreed to distribute cash dividends
amounting to Rp115,503 or 45% of 2005
income. The remaining 2005 income amounting
to Rp141,172 will be allocated as general
reserve.
27. PROGRAM
KOMPENSASI
BERBASIS SAHAM (MSOP)
MANAJEMEN
27. MANAGEMENT
(MSOP)
STOCK
OPTION
PROGRAM
Sesuai dengan Rapat Umum Pemegang Saham
pada tanggal 20 April 2005 seperti yang telah
diungkapkan dalam akta No. 26 dari Notaris
Lindasari Bachroem, S.H., pemegang saham
menyetujui penerbitan saham opsi yang akan
dilaksanakan dalam 3 (tiga) tahap. Opsi saham
diberikan kepada Direksi dan pekerja pada jabatan
tertentu yang memenuhi persyaratan yang telah
ditetapkan. Jumlah saham yang akan diterbitkan
pada opsi saham tahap pertama hingga tahap
ketiga adalah maksimum 5% (lima persen) dari
modal disetor Bukopin dalam periode 3 (tiga) tahun
tanpa memberikan hak terlebih dahulu kepada
pemegang saham lama (Hak Memesan Efek
Terlebih Dahulu). Opsi saham tahap pertama telah
diberikan pada saat IPO.
Based on the General of Shareholders’ Meeting on
April 20, 2005 as mentioned in deed No. 26 of
Lindasari Bachroem, S.H., the stockholders
approved the issuance of stock options in 3 (three)
tranches. Stock options will be granted to Directors
and employees at certain levels, who meet certain
criteria. The number of stock option granted in MSOP
tranche-1 through tranche-3 is the maximum of 5%
(five percent) from the paid-up capital of the Bank in
3 (three) years period without giving priority to the
existing shareholders to exercised their rights. Stock
option tranche-1 was granted at the time of the IPO.
Berikut ini adalah detail dari pemberian MSOP
tahap pertama, kedua, dan ketiga:
Following is the detail of the MSOP granted in first,
second, and third tranches:
Jumlah
Saham/
Number of
Shares
Tahap I
Tahap II
Tahap III
112.502.000
84.376.500
84.376.500
Tanggal
pemberian/
Grant date
10 Juli/July 2006
10 Juli/July 2007
10 Juli/July 2008
Periode eksekusi/
Exercise period
10 Juli/July 2007 - 6 Juli/July 2011
10 Juli/July 2008 - 6 Juli/July 2012
10 Juli/July 2008 - 6 Juli/July 2013
111
Harga eksekusi
(nilai penuh)/
Exercise price
(full amount)
370
370
370
Nilai wajar
(nilai penuh)/Fair
value (full
amount)
114
224
180
Tranche I
Tranche II
Tranche III
The original consolidated financial statements included herein are in
the Indonesian language.
PT BANK BUKOPIN TBK.
AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS
Years Ended December 31, 2008 and 2006
With Comparative Figures For 2007
(Expressed in millions of Rupiah,
unless otherwise stated)
PT BANK BUKOPIN TBK.
DAN ANAK-ANAK PERUSAHAAN
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN
Tahun yang Berakhir pada Tanggal-tanggal
31 Desember 2008 dan 2006
Dengan Angka Perbandingan Untuk 2007
(Disajikan dalam jutaan Rupiah,
kecuali dinyatakan lain)
27. PROGRAM
KOMPENSASI
MANAJEMEN
BERBASIS SAHAM (MSOP) (lanjutan)
27. MANAGEMENT STOCK
(MSOP) (continued)
OPTION
PROGRAM
Jumlah opsi (nilai penuh)/
Number of options (full amount)
Opsi pada awal tahun
Opsi yang diberikan selama tahun
berjalan
Opsi yang dieksekusi selama tahun
berjalan
Opsi yang gugur atau berakhir dengan
sendirinya (forfeited)
Opsi yang belum dieksekusi pada
akhir tahun
2008
2007
105.631.500
112.502.000
-
Option at the beginning of the year
84.376.500
84.376.500
112.502.000
Option granted during the year
(1.521.000)
(87.234.500)
-
(2.336.000)
(4.012.500)
-
Option exercised during the year
Option forfeited by the employees
during the year
112.502.000
Unexercised options
at end of year
186.151.000
2006
105.631.500
Nilai wajar dari opsi yang diberikan dihitung
menggunakan model penentuan harga opsi Black
Scholes dan menggunakan asumsi sebagai berikut:
2008
Suku bunga bebas risiko (risk free)
Ekspektasi periode opsi (tahun)
Ekspektasi faktor ketidakstabilan
harga saham
Ekspektasi dividen yang dihasilkan
Tingka opsi yang gagal diperoleh
(forfeitures)
The fair value of the options granted is calculated
using the Black Scholes option-pricing model and
uses the following assumptions:
2007
2006
12,5%
9,5%
5
5
64,96%
6,17%
34,72%
37,82%
Expected stock’s volatility
6,17%
2,39%
6,17%
2,39%
Jumlah biaya opsi saham yang tercatat pada akun
Beban “Gaji dan Tunjangan Karyawan - Tunjangan
Karyawan” (Catatan 34) untuk tahun yang berakhir
pada tanggal 31 Desember 2008 adalah sebesar
Rp16.592 (2007: Rp15.473; 2006: Rp5.892).
3,62%
Forfeiture rate
Total stock option expense included in “Salaries and
Employee Benefits - Employee Benefits” (Note 34)
for the year ended December 31, 2008 amounting
Rp16,592 (2007: Rp15,473; 2006: Rp5,892).
28. PENDAPATAN BUNGA
28. INTEREST INCOME
Pendapatan bunga diperoleh dari:
Interest income is derived from the following:
2008
Rupiah:
Kredit yang diberikan
Surat-surat berharga
Penempatan pada
Bank Indonesia dan bank lain
Surat-surat berharga yang dibeli
dengan janji dijual kembali
Giro pada Bank Indonesia
Giro pada bank lain
Deposito berjangka
11,42%
Excepted period of option (years)
5
2007
2006
2.454.632
353.551
1.935.740
728.038
1.961.845
730.431
72.075
22.961
56.409
22.901
11.942
781
-
7.384
26.848
121
-
6.400
28.619
948
12
2.915.882
2.721.092
2.784.664
112
Rupiah:
Loans
Marketable securities
Placements with Bank Indonesia
and other banks
Marketable securities purchased with
agreements to resell
Current accounts with Bank Indonesia
Current accounts with other banks
Time deposits
The original consolidated financial statements included herein are in
the Indonesian language.
PT BANK BUKOPIN TBK.
AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS
Years Ended December 31, 2008 and 2006
With Comparative Figures For 2007
(Expressed in millions of Rupiah,
unless otherwise stated)
PT BANK BUKOPIN TBK.
DAN ANAK-ANAK PERUSAHAAN
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN
Tahun yang Berakhir pada Tanggal-tanggal
31 Desember 2008 dan 2006
Dengan Angka Perbandingan Untuk 2007
(Disajikan dalam jutaan Rupiah,
kecuali dinyatakan lain)
28. PENDAPATAN BUNGA (lanjutan)
28. INTEREST INCOME (continued)
2008
Mata uang asing:
Penempatan pada pasar uang
Kredit yang diberikan
Surat-surat berharga
Deposito berjangka
Giro pada bank lain
Tagihan lainnya
Surat-surat berharga yang dibeli
dengan janji dijual kembali
2007
2006
Foreign currencies:
64.579
145.871
98.334
4.596
631
302
25.475
84.134
5.750
2.146
1.159
44
66.621
9.966
5.137
980
-
86
-
-
168.528
239.104
108.179
3.084.410
2.960.196
2.892.843
Transaksi dengan pihak yang mempunyai
hubungan istimewa diungkapkan pada Catatan 38.
Transactions with related parties is presented in Note
38.
29. PENDAPATAN PROVISI DAN KOMISI
29. FEES AND COMMISSION INCOME
Pendapatan provisi dan komisi diperoleh dari:
2008
Money market place
Loans
Marketable securities
Time deposits
Current accounts with other banks
Other receivables
Marketable securities purchased with
agreements to resell
Fees and commissions are derived from the
following:
2007
2006
Rupiah
Mata uang asing
187.810
10.890
185.895
1.806
121.074
1.960
Rupiah
Foreign currency
Jumlah
198.700
187.701
123.034
Total
Seluruh pendapatan provisi dan komisi berasal dari
transaksi kredit yang diberikan.
Fees and commission incomes are from loans
transactions.
30. BEBAN BUNGA DAN PEMBIAYAAN LAINNYA
30. INTEREST EXPENSE AND OTHER FINANCING
CHARGES
Akun ini merupakan beban bunga dan pembiayaan
lainnya atas:
2008
Rupiah:
Deposito berjangka
Giro
Tabungan
Surat-surat berharga
yang diterbitkan
Pinjaman yang diterima
Simpanan dari bank lain
Surat berharga yang dijual
dengan janji dibeli kembali
Mata uang asing:
Deposito berjangka
Giro
Simpanan dari bank lain
Pinjaman yang diterima
Jumlah
This account represents interest expenses and other
financing charges for the following:
2007
2006
1.239.702
161.172
114.041
1.221.077
238.992
78.500
1.250.352
209.443
61.974
39.956
79.615
89.482
69.275
71.588
62.822
73.726
87.212
77.041
12.307
8.471
2.496
1.736.275
1.750.725
1.762.244
127.869
7.448
611
502
123.537
19.185
1.392
-
44.204
5.873
155
757
136.430
144.114
50.989
1.872.705
1.894.839
1.813.233
113
Rupiah:
Time deposits
Demand deposits
Savings deposits
Marketable securites issued
Borrowings
Deposits from other banks
Marketable securities sold with
agreements to repurchase
Foreign currency:
Time deposits
Demand deposits
Deposits from other banks
Borrowings
Total
The original consolidated financial statements included herein are in
the Indonesian language.
PT BANK BUKOPIN TBK.
AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS
Years Ended December 31, 2008 and 2006
With Comparative Figures For 2007
(Expressed in millions of Rupiah,
unless otherwise stated)
PT BANK BUKOPIN TBK.
DAN ANAK-ANAK PERUSAHAAN
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN
Tahun yang Berakhir pada Tanggal-tanggal
31 Desember 2008 dan 2006
Dengan Angka Perbandingan Untuk 2007
(Disajikan dalam jutaan Rupiah,
kecuali dinyatakan lain)
30. BEBAN BUNGA DAN PEMBIAYAAN LAINNYA
(lanjutan)
30. INTEREST EXPENSE AND OTHER FINANCING
CHARGES (continued)
Transaksi dengan pihak yang mempunyai
hubungan istimewa diungkapkan pada Catatan 38.
Transactions with related parties is presented in Note
38.
31. PENDAPATAN OPERASIONAL LAINNYA - LAINLAIN
2008
Jasa administrasi
Imbalan jasa
Denda keterlambatan pembayaran
Keuntungan atas penjualan
Sertifikat Bank Indonesia
Lain-lain
Jumlah
31. OTHER OPERATING INCOME - OTHERS
2007
55.373
2006
48.741
40.229
48.913
14.793
15.731
57.328
74.025
12.975
29.073
7.743
Administrative service charges
36.555
14.584
Gain on sell of
Bank Indonesia Certificates
Others
211.602
199.447
128.184
Total
61.195
21.975
Imbalan merupakan pendapatan yang berasal dari
penerimaan imbalan atas pembayaran listrik, air,
dan telepon melalui Bank dan pendapatan imbalan
ATM bersama.
Fees represent processing fees charged by the Bank
to customers for electricity, water, and telephone
payments made through the Bank, and income from
ATM sharing.
Lain-lain merupakan pendapatan dari jasa-jasa
yang diberikan oleh Bank yang antara lain meliputi
penyaluran subsidi bahan bakar minyak, jasa
penerusan kredit, taksasi agunan, diskon merchant,
dan security agent.
Others consist of fees from services performed by
the Bank, which include among others: distribution of
fuel subsidy, channeling loan, collateral appraisal,
merchant discount, and security agent.
32. BEBAN PENYISIHAN
PRODUKTIF - BERSIH
KERUGIAN
AKTIVA
32. ALLOWANCE FOR
ASSETS - NET
Akun ini merupakan pembentukan dan/atau
pemulihan penyisihan kerugian aktiva produktif
sebagai berikut:
2008
LOSSES ON EARNING
This account represents addition and/or reversal of
allowance for losses on earning assets as follows:
2007
(6.989)
2006
240
(19.539)
9
(116)
(12.370)
(378)
2
(17.498)
(2.343)
(13)
Placement with other banks (Note 6e)
Marketable securities (Note 7h)
Derivates receivables (Note 9)
(58.775)
(393)
591
(20.555)
34
26
(123.773)
(309)
(224)
Loans and Sharia financing/
receivables (Note 10)
Acceptance receivables (Note 11d)
Investments (Note 12)
Jumlah
(85.212)
(33.001)
(144.554)
Total
114
(394)
Current accounts with other banks
(Note 5d)
Giro pada bank lain (Catatan 5d)
Penempatan pada
bank lain (Catatan 6e)
Surat-surat berharga (Catatan 7h)
Tagihan derivatif (Catatan 9)
Kredit yang diberikan dan
pembiayaan piutang Syariah
(Catatan 10)
Tagihan akseptasi (Catatan 11d)
Penyertaan (Catatan 12)
The original consolidated financial statements included herein are in
the Indonesian language.
PT BANK BUKOPIN TBK.
AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS
Years Ended December 31, 2008 and 2006
With Comparative Figures For 2007
(Expressed in millions of Rupiah,
unless otherwise stated)
PT BANK BUKOPIN TBK.
DAN ANAK-ANAK PERUSAHAAN
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN
Tahun yang Berakhir pada Tanggal-tanggal
31 Desember 2008 dan 2006
Dengan Angka Perbandingan Untuk 2007
(Disajikan dalam jutaan Rupiah,
kecuali dinyatakan lain)
33. BEBAN UMUM DAN ADMINISTRASI
33. GENERAL AND ADMINISTRATIVE EXPENSES
2008
2007
2006
Iklan dan promosi
Sewa
Penyusutan aset tetap
(Catatan 13)
Perbaikan dan pemeliharaan
Outsourcing
Komunikasi
Transportasi
Honorarium tenaga ahli
Pendidikan dan pelatihan
Perlengkapan kantor
Visa Elektron
Listrik dan air
Asuransi
Pajak dan izin
Perpustakaan, majalah, dan koran
Rekrutmen karyawan
Keanggotaan
Hukum
Lain-lain
107.952
61.544
97.141
54.157
43.496
53.392
Advertising and promotion
Rent
52.036
45.820
44.334
41.826
34.015
26.950
25.993
18.194
17.992
12.859
47.886
37.189
32.143
39.327
24.155
28.151
22.748
15.032
7.905
10.770
50.944
42.656
26.057
37.563
24.575
17.763
18.307
15.701
3.879
9.351
Depreciation (Note 13)
Repairs and maintenance
Outsourcing
Communications
Transportation
Professional fees
Education and training
Office supplies
Visa Electron
Electricity and water
1.850
20
83.599
784
2
79.535
290
53
9.797
68.877
Employee recruitment
Memberships
Legal
Others
Jumlah
592.052
510.504
433.774
Total
9.687
8.207
5.133
7.361
3.661
2.248
1.711
Lain-lain meliputi antara lain biaya penggunaan
ATM bersama, biaya pakaian seragam, kerugian
penyertaan saham perusahaan asosiasi, biaya
proses warkat kliring, biaya jasa kerjasama kartu
kredit, operasional kendaraan kantor, dan biaya
jasa pengambilan dan pengantaran uang.
Taxes and licenses
1.650
Others consist of expenses of ATM sharing,
employees’ unifom, loss from investments in shares
of stock, clearing form expenses, credit sharing
expenses, operational vehicle expenses, and money
transfer charges.
34. BEBAN GAJI DAN TUNJANGAN KARYAWAN
2008
2.062
34. SALARIES
EXPENSES
2007
EMPLOYEE
BENEFITS
2006
Gaji, insentif,dan lembur
Tunjangan karyawan
Asuransi karyawan
Dana pensiun (Catatan 37)
Beban opsi saham (Catatan 27)
Beban imbalan pasca kerja dan jangka
panjang lainnya (Catatan 37)
223.788
174.414
24.973
17.604
16.592
196.976
167.089
20.949
12.625
15.473
7.317
5.015
Jumlah
464.688
418.127
Pada tahun 2008, beban gaji dan tunjangan
karyawan untuk dewan komisaris, direksi, dewan
pengawas syariah, komite audit, dan pejabat
eksekutif tidak termasuk tantiem dan tunjangan
pajak adalah sebesar Rp52.201 (2007: Rp45.816;
2006: Rp38.679).
AND
181.520 Salaries, bonuses, and overtime payments
113.411
Employee benefits
21.989
Employee insurance
13.232
Pension benefits (Note 37)
5.892
Share options expense (Note 27)
Provision for post employment and other
5.125
long term benefits (Note 37)
341.169
Total
In 2008, salaries and other benefits included benefits
for the commissioners, directors, sharia supervisory
board, audit committee, and executive officers
excluding tantiem and tax allowance amounting to
Rp52,201 (2007: Rp45,816; 2006: Rp38,679).
115
The original consolidated financial statements included herein are in
the Indonesian language.
PT BANK BUKOPIN TBK.
AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS
Years Ended December 31, 2008 and 2006
With Comparative Figures For 2007
(Expressed in millions of Rupiah,
unless otherwise stated)
PT BANK BUKOPIN TBK.
DAN ANAK-ANAK PERUSAHAAN
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN
Tahun yang Berakhir pada Tanggal-tanggal
31 Desember 2008 dan 2006
Dengan Angka Perbandingan Untuk 2007
(Disajikan dalam jutaan Rupiah,
kecuali dinyatakan lain)
35. PENDAPATAN (BEBAN) NON OPERASIONAL BERSIH
2008
Keuntungan dari penjualan agunan
yang diambil alih
Keuntungan dari penjualan aset
tetap (Catatan 13)
Kerugian penurunan nilai pasar
agunan yang diambil alih
Denda pajak (Catatan 20e)
Lain-lain
Jumlah
35. NON-OPERATING INCOMES (EXPENSES) - NET
2007
2006
1.916
1.552
2.128
15.523
1.100
1.093
(15.493)
(3.892)
(313)
(207)
13.358
(2.822)
(28)
29.405
(1.946)
15.490
29.776
Pada tahun 2006, lain-lain termasuk pembalikan
cadangan kerugian atas kasus hukum dengan
PT Bank Pinaesaan karena kasus ini telah
dimenangkan oleh Bank sesuai dengan Keputusan
Mahkamah
Agung
No.
Register
309PKD/PDT/2003 tanggal 27 April 2006.
36. SEGMENT INFORMATION
Segmen primer
a.
Berikut ini adalah informasi segmen Bank dan
anak perusahaan berdasarkan kegiatan usaha
yang terdiri dari kelompok perbankan
konversional, pembiayaan, dan perbankan
berdasarkan konsep Syariah.
(i)
Total
In 2006, others included a reversal of accrued
litigation with PT Bank Pinaesaan since the Bank
won this case based on the decision of the Supreme
Court No. Register 309-PKD/PDT/2003 dated April
27, 2006.
36. INFORMASI SEGMEN USAHA
a.
Gain from sale of foreclosed assets
Gain from sale of fixed assets
(Note 13)
Loss from decrease in market value of
foreclosed assets
Tax penalty (Note 20e)
Others - net
Outlined below is business segment information
of the Bank and subsidiaries, based on business
activities consisting of conventional banking,
multi-finance, and banking activities based on
Sharia principles.
Pendapatan bunga konsolidasian
(i)
2008
%
Primary segment
Consolidated interest income
2007
Rupiah
%
2006
Rupiah
%
Rupiah
Perbankan konvensional
Pembiayaan
Syariah
96,34
0,09
3,57
3.256.805
3.100
120.717
97,97
0,04
1,99
3.147.897
1.331
63.982
98,25
0,03
1,72
3.015.877
927
52.866
Jumlah sebelum eliminasi
Eliminasi
100,00
3.380.622
(8.792)
100,00
3.213.210
(1.331)
100,00
3.069.670
(927 )
Pendapatan bunga
konsolidasian
3.371.830
3.211.879
(ii) Laba operasional konsolidasian - bersih
2007
Rupiah
%
Consolidated
interest income
2006
Rupiah
%
Rupiah
Perbankan konvensional
Pembiayaan
Syariah
97,55
0,10
2,35
540.647
567
13.012
96,96
0,11
2,93
512.589
596
15.476
98,78
0,07
1,15
425.036
309
4.924
Jumlah sebelum eliminasi
Eliminasi
100.00
554.226
(1.443)
100,00
528.661
(540)
100,00
430.269
(142 )
Pendapatan operasional
konsolidasian - bersih
Total before elimination
Elimination
(ii) Consolidated operating income - net
2008
%
3.068.743
Conventional banking
Multi-finance
Sharia
552.783
528.121
116
430.127
Conventional banking
Multi-finance
Sharia
Total before elimination
Elimination
Consolidated
operating income - net
The original consolidated financial statements included herein are in
the Indonesian language.
PT BANK BUKOPIN TBK.
AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS
Years Ended December 31, 2008 and 2006
With Comparative Figures For 2007
(Expressed in millions of Rupiah,
unless otherwise stated)
PT BANK BUKOPIN TBK.
DAN ANAK-ANAK PERUSAHAAN
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN
Tahun yang Berakhir pada Tanggal-tanggal
31 Desember 2008 dan 2006
Dengan Angka Perbandingan Untuk 2007
(Disajikan dalam jutaan Rupiah,
kecuali dinyatakan lain)
36. INFORMASI SEGMEN USAHA (lanjutan)
a.
36. SEGMENT INFORMATION (continued)
Segmen primer (lanjutan)
a.
(iii) Laba bersih konsolidasian
(iii) Consolidated net income
2008
%
2007
Rupiah
%
2006
Rupiah
Rupiah
92,34
0,08
7,58
351.728
311
28.874
97,67
0,18
2,15
367.044
676
8.082
100,57
0,13
(0,70)
317.458
432
(2.242)
Jumlah sebelum eliminasi
Eliminasi
100,00
380.913
(12.133)
100,00
375.802
(676)
100,00
315.648
(432 )
368.780
375.126
(iv) Jumlah aktiva konsolidasian
2007
%
Perbankan konvensional
Pembiayaan
Syariah
95,54
0,09
4,37
31.800.436
29.799
1.454.865
98,07
0,07
1,86
33.814.417
24.729
640.395
98,06
0,08
1,86
30.986.528
24.228
587.165
Jumlah sebelum eliminasi
Eliminasi
100,00
33.285.100
(652.037)
100,00
34.479.541
(33.364)
100,00
31.597.921
(41.778 )
Jumlah aktiva konsolidasian
Rupiah
32.633.063
%
2007
Total before elimination
Elimination
Total consolidated assets
2006
%
Rupiah
%
Perbankan konvensional
Pembiayaan
Syariah
96,37
0,01
3,62
29.839.993
4.830
1.119.639
98,52
0,00
1,48
31.982.624
71
480.120
Jumlah sebelum eliminasi
Eliminasi
100,00
30.964.462
(499.369)
100,00
32.462.815
(13.638)
Rupiah
30.465.093
%
b.
Berikut ini adalah informasi segmen Bank dan
anak
perusahaan
berdasarkan
daerah
geografis:
29.315.950
246
589.407
100,00
Conventional banking
Multi-finance
Sharia
29.905.603
(22.592 )
Total before elimination
Elimination
29.883.344 Total consolidated liabilities
Secondary Segment
Following is the business segment information of
the Bank and subsidiaries based on geography:
Pendapatan bunga konsolidasian
(i)
2008
Consolidated interest income
2007
Rupiah
Rupiah
98,03
0,00
1,97
32.476.453
Segmen Sekunder
Pendapatan bunga
konsolidasian
31.556.143
Conventional banking
Multi-finance
Sharia
(v) Total consolidated liabilites
2008
Jumlah kewajiban
konsolidasian
Rupiah
34.446.177
(v) Jumlah kewajiban konsolidasian
Jumlah sebelum eliminasi
Eliminasi
Consolidated net income
2006
Rupiah
Jabotabek
Jawa selain Jabotabek
Sumatera
Kalimantan
Lain-lain
Total before elimination
Elimination
315.216
%
%
Conventional banking
Multi-finance
Sharia
(iv) Total consolidated assets
2008
(i)
%
Perbankan konvensional
Pembiayaan
Syariah
Laba bersih konsolidasian
b.
Primary segment (continued)
%
2006
Rupiah
%
Rupiah
74,04
11,66
7,49
2,59
4,22
2.502.954
394.110
253.067
87.425
143.066
78,63
9,30
5,96
2,48
3,63
2.526.574
298.851
191.663
79.528
116.594
76,78
10,60
6,70
2,58
3,34
2.356.877
325.570
205.786
79.052
102.385
100,00
3.380.622
(8.792)
100,00
3.213.210
(1.331)
100,00
3.069.670
(927 )
3.371.830
3.211.879
117
3.068.743
Jabotabek
Java other than Jabotabek
Sumatera
Kalimantan
Others
Total before elimination
Elimination
Consolidated
interest income
The original consolidated financial statements included herein are in
the Indonesian language.
PT BANK BUKOPIN TBK.
AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS
Years Ended December 31, 2008 and 2006
With Comparative Figures For 2007
(Expressed in millions of Rupiah,
unless otherwise stated)
PT BANK BUKOPIN TBK.
DAN ANAK-ANAK PERUSAHAAN
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN
Tahun yang Berakhir pada Tanggal-tanggal
31 Desember 2008 dan 2006
Dengan Angka Perbandingan Untuk 2007
(Disajikan dalam jutaan Rupiah,
kecuali dinyatakan lain)
36. INFORMASI SEGMEN USAHA (lanjutan)
b.
36. SEGMENT INFORMATION (continued)
Segmen sekunder (lanjutan)
b.
(ii) Laba operasional konsolidasian - bersih
(ii) Consolidated operating income - net
2008
%
Jabotabek
Jawa selain Jabotabek
Sumatera
Kalimantan
Lain-lain
Jumlah sebelum eliminasi
Eliminasi
2007
Rupiah
%
349.212
57.749
67.463
29.537
24.700
71,05
9,11
11,19
5,77
2,88
305.725
39.183
48.151
24.838
12.372
100.00
554.226
(1.443)
100,00
528.661
(540)
100,00
430.269
(142 )
552.783
528.121
2007
Rupiah
%
Consolidated
operating income - net
Rupiah
51,22
16,32
17,86
7,75
6,85
192.486
61.328
67.118
29.155
25.715
59,94
13,18
15,29
7,73
3,86
189.212
41.604
48.266
24.410
12.156
100.00
380.913
(12.133)
100,00
375.802
(676)
100,00
315.648
(432 )
368.780
375.126
315.216
Jabotabek
Java other than Jabotabek
Sumatera
Kalimantan
Others
Total before elimination
Elimination
Consolidated net income
(iv) Total consolidated assets
2008
2007
2006
%
Rupiah
%
78,08
10,09
6,47
2,06
3,30
25.990.564
3.359.851
2.152.572
684.172
1.097.941
70,64
11,86
11,09
2,75
3,66
24.358.239
4.088.419
3.822.708
949.306
1.260.869
70,31
12,65
11,03
2,67
3,34
22.217.608
3.995.667
3.484.305
844.390
1.055.951
Jabotabek
Java other than Jabotabek
Sumatera
Kalimantan
Others
100.00
33.285.100
(652.037)
100,00
34.479.541
(33.364)
100,00
31.597.921
(41.778)
Total before elimination
Elimination
31.556.143
Total consolidated assets
Jumlah aktiva konsolidasian
Rupiah
32.633.063
%
Rupiah
34.446.117
(v) Jumlah kewajiban konsolidasian
(v) Total consolidated liabilities
2008
Jumlah kewajiban
konsolidasian
%
286.736
68.176
(30.033)
17.756
38.278
(iv) Jumlah aktiva konsolidasian
Jumlah sebelum eliminasi
Eliminasi
Total before elimination
Elimination
2006
Rupiah
75,27
17,90
(7,88)
4,66
10,05
Laba bersih konsolidasian
Jabotabek
Jawa selain Jabotabek
Sumatera
Kalimantan
Lain-lain
430.127
Jabotabek
Java other than Jabotabek
Sumatera
Kalimantan
Others
(iii) Consolidated net income
%
Jumlah sebelum eliminasi
Eliminasi
Rupiah
66,06
10,92
12,76
5,58
4,68
2008
Jabotabek
Jawa selain Jabotabek
Sumatera
Kalimantan
Lain-lain
%
466.517
63.398
(32.487)
18.260
38.538
(iii) Laba bersih konsolidasian
Jumlah sebelum eliminasi
Eliminasi
2006
Rupiah
84,17
11,45
(5,86)
3,29
6,95
Laba operasional
konsolidasian - bersih
Jabotabek
Jawa selain Jabotabek
Sumatera
Kalimantan
Lain-lain
Secondary segment (continued)
2007
2006
%
Rupiah
%
64,62
13,91
13,21
3,71
4,55
20.009.451
4.307.922
4.090.747
1.149.340
1.407.002
69,38
12,41
11,57
2,83
3,81
22.522.314
4.027.109
3.755.220
920.151
1.238.021
69,06
13,22
11,49
2,74
3,49
20.651.727
3.954.063
3.436.038
819.980
1.043.795
100,00
30.964.462
(499.369)
100,00
32.462.815
(13.638)
100,00
29.905.603
(22.592 )
30.465.093
Rupiah
32.476.453
118
%
Rupiah
Jabotabek
Java other than Jabotabek
Sumatera
Kalimantan
Others
Total before elimination
Elimination
29.883.344 Total consolidated liabilities
The original consolidated financial statements included herein are in
the Indonesian language.
PT BANK BUKOPIN TBK.
AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS
Years Ended December 31, 2008 and 2006
With Comparative Figures For 2007
(Expressed in millions of Rupiah,
unless otherwise stated)
PT BANK BUKOPIN TBK.
DAN ANAK-ANAK PERUSAHAAN
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN
Tahun yang Berakhir pada Tanggal-tanggal
31 Desember 2008 dan 2006
Dengan Angka Perbandingan Untuk 2007
(Disajikan dalam jutaan Rupiah,
kecuali dinyatakan lain)
37. PROGRAM
DANA
PENSIUN
KESEJAHTERAAN KARYAWAN
DAN
37. PENSION PLAN AND EMPLOYEE SERVICE
ENTITLEMENTS
Imbalan Pensiun
Pension benefits
Bank menyelenggarakan program pensiun manfaat
pasti untuk seluruh karyawan tetap Bank yang telah
dikelola dan diadministrasikan oleh Dana Pensiun
Bank Bukopin yang memperoleh persetujuan dari
Menteri Keuangan Republik Indonesia untuk
mengganti statusnya dari Yayasan menjadi Dana
Pensiun pada tanggal 4 Juli 1995.
The Bank sponsors a defined benefit pension
retirement program covering all its permanent
employees which is managed and administered by
Dana Pensiun Bank Bukopin which was approved by
the Minister of Finance of Republic of Indonesia to
change its status from a foundation to a pension fund
management on July 4, 1995.
Program tersebut memberikan manfaat pensiun
yang akan dibayarkan kepada karyawan yang
berhak pada saat karyawan pensiun atau pada saat
karyawan tersebut berhenti sesuai dengan
peraturan dana pensiun yang bersangkutan yang
dibuat sesuai dengan Undang Undang (UU) No.
13/2003 tentang Ketenagakerjaan. Manfaat pensiun
dihitung berdasarkan masa kerja karyawan tersebut
pada Bank dan tingkat gaji terakhir pada saat
pensiun.
The plan provides for benefits to be paid to eligible
employees at retirement or when the employees
resign according to the pension fund regulation
which is designed to comply with Labor Law
No. 13/2003. The benefits paid at retirement are
based primarily upon years of service with the Bank
and compensation rates near the retirement age.
Iuran peserta adalah sebesar 2,5% dari
penghasilan dasar pensiun karyawan dan sisa
jumlah yang diperlukan untuk mendanai program
tersebut ditanggung oleh Bank.
The members’ contributions are 2.5% of their
pension based salaries and the remaining amount
required to fund the plan is contributed by the Bank.
Perhitungan aktuaria atas biaya manfaat pensiun
untuk Bank saja pada tanggal 31 Desember 2008
dan 2007 telah didasarkan atas laporan dari
PT Eldridge
Gunaprima
Solution
tertanggal
23 Maret 2009 dan 25 Maret 2008, sedangkan pada
tanggal 31 Desember 2006 oleh PT Sentra Jasa
Aktuaria tertanggal 16 Maret 2007 dengan
menggunakan metode Projected Unit Credit.
The actuarial calculations for the defined benefit
pension plan for Bank only as at December 31,
2008 and 2007 were prepared by PT Eldridge
Gunaprima Solution based on their reports dated
March 23, 2009 and March 25, 2008, respectively,
whereas the calculation as at December 31, 2006
were prepared by PT Sentra Jasa Aktuaria based
on their reports dated March 16, 2007 using the
Projected Unit Credit method.
Perhitungan aktuaria atas biaya manfaat pensiun
untuk BSB pada tanggal 31 Desember 2008 dan
2007 telah didasarkan atas laporan dari PT Eldridge
Gunaprima Solution tertanggal 20 Maret 2009.
The actuarial calculations for the defined benefit
pension plan for BSB as at December 31, 2008 and
2007 were prepared by PT Eldridge Gunaprima
Solution based on their reports dated March 20,
2009.
Jumlah yang diakui di neraca
ditentukan sebagai berikut:
The amounts recognized in the consolidated
balance sheets are determined as follows:
konsolidasian
2008
Nilai wajar aktiva progam
Nilai kini kewajiban manfaat
pasti yang didanai
Keuntungan aktuarial yang belum
diakui
Aktiva yang tidak diakui karena
pembatasan
Biaya manfaat pensiun dibayar
di muka pada akhir tahun
2007
2006
242.609
209.372
184.038
(206.667)
(188.847)
(148.535)
Fair value of plan assets
Present value of funded
defined benefit obligation
(10.078)
(1.987)
(24.014)
Unrecognized actuarial gains
(25.864)
(15.514)
-
3.024
119
-
Disallowed asset due to limitation
11.489
Prepaid pension costs at end of year
The original consolidated financial statements included herein are in
the Indonesian language.
PT BANK BUKOPIN TBK.
AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS
Years Ended December 31, 2008 and 2006
With Comparative Figures For 2007
(Expressed in millions of Rupiah,
unless otherwise stated)
PT BANK BUKOPIN TBK.
DAN ANAK-ANAK PERUSAHAAN
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN
Tahun yang Berakhir pada Tanggal-tanggal
31 Desember 2008 dan 2006
Dengan Angka Perbandingan Untuk 2007
(Disajikan dalam jutaan Rupiah,
kecuali dinyatakan lain)
120
The original consolidated financial statements included herein are in
the Indonesian language.
PT BANK BUKOPIN TBK.
AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS
Years Ended December 31, 2008 and 2006
With Comparative Figures For 2007
(Expressed in millions of Rupiah,
unless otherwise stated)
PT BANK BUKOPIN TBK.
DAN ANAK-ANAK PERUSAHAAN
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN
Tahun yang Berakhir pada Tanggal-tanggal
31 Desember 2008 dan 2006
Dengan Angka Perbandingan Untuk 2007
(Disajikan dalam jutaan Rupiah,
kecuali dinyatakan lain)
37. PROGRAM
DANA
PENSIUN
KESEJAHTERAAN KARYAWAN (lanjutan)
DAN
37. PENSION PLAN AND EMPLOYEE SERVICE
ENTITLEMENTS (continued)
Imbalan Pensiun (lanjutan)
Pension benefits (continued)
Jumlah yang diakui di laporan laba
konsolidasian ditentukan sebagai berikut:
rugi
2008
Biaya jasa kini
Bunga atas biaya manfaat pensiun
saat ini
(Keuntungan)/kerugian aktuaria
yang diakui
Hasil yang diharapkan atas
aktiva program
2007
2006
10.683
10.246
9.615
Current service costs
18.497
14.561
14.843
Interest current benefit pension costs
24
-
(354)
(21.407)
(18.877)
(22.082)
Actuarial (gain)/loss recognized
Expected actuarial gains from
assets program
7.773
5.576
2.400
Employee benefit expense - net
3.024
11.489
657
Prepaid pension costs
at beginning of year
(7.773)
(5.576)
(2.400)
17.604
(8.790)
12.625
-
13.232
-
Pension cost during the year
Bank contributions during
the year (Note 34)
Recognition of current year loss
(4.065)
(15.514)
-
Disallowed assets due to limitation
11.489
Prepaid pension costs at end of year
Biaya manfaat pensiun - bersih
Biaya manfaat pensiun dibayar
dimuka awal tahun
Biaya manfaat pensiun selama
tahun berjalan
Iuran Bank selama tahun berjalan
(Catatan 34)
Pengakuan kerugian tahun berjalan
Aktiva yang tidak diakui karena
pembatasan
The amounts recognized in the consolidated
statements of income are as follows:
Biaya manfaat pensiun dibayar
dimuka akhir tahun
-
3.024
Asumsi-asumsi yang digunakan dalam perhitungan
aktuaria untuk tahun 2008, 2007, dan 2006 adalah
sebagai berikut:
The assumptions used in the actuarial calculation in
2008, 2007, and 2006 are as follows:
2008
Bank/
Bank
Asumsi ekonomi:
Tingkat diskonto
12% per tahun/
per annum
Tingkat pengembalian aktiva 10% per tahun/
per annum
Tingkat rata-rata kenaikan
penghasilan
9% per tahun/
per annum
Tingkat Kenaikan harga emas 9% per tahun/
per annum
Assumsi lainnya:
Usia pensiun normal
55 tahun/years
Tingkat pengunduran diri
1% pada usia
30 tahun yang
menurun secara
linear 0,1%
sampai pada
usia 49 tahun dan
1% up to age 30
2% untuk usia 50
and decreasing
sampai 54 tahun/
linearly up to
1% up to age 30
and decreasing
linearly 0,1%
up to age 49 and 2%
for ages 50 to 54
Akuisisi
Anak Perusahaan/
Acquisition of
Subsidiary
12% per tahun/
per annum
2007
10% per tahun/
per annum
2006
10% per tahun/
per annum
-
10% per tahun/
per annum
8% per tahun/
per annum
8% per tahun/
per annum
8% per tahun/
per annum
8% per tahun/
per annum
-
-
-
55 tahun/years
55 tahun/years
5% pada usia
1% pada usia
25 tahun yang
30 tahun yang
menurun secara
menurun secara
linear 1%
linear 0,1%
sampai pada
sampai pada
usia 45 tahun/
55 tahun/years
1% pada usia
30 tahun yang
menurun secara
linear sampai pada
usia 52 tahun/
usia 49 tahun dan
2% untuk usia 50
and decreasing
sampai 54 tahun/
1% up to age 30
and decreasing
linearly 0,1%
up to age 49 and 2%
for ages 50 to 54
121
Expected rate of return
on plan assets
Average salary
increase rate
Gold price increase
5% up to age 25
linearly 1%
up to age 45
Economic assumptions:
Discount rate
age 52
Other assumptions:
Normal retirement age
Turn-over rate
The original consolidated financial statements included herein are in
the Indonesian language.
PT BANK BUKOPIN TBK.
AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS
Years Ended December 31, 2008 and 2006
With Comparative Figures For 2007
(Expressed in millions of Rupiah,
unless otherwise stated)
PT BANK BUKOPIN TBK.
DAN ANAK-ANAK PERUSAHAAN
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN
Tahun yang Berakhir pada Tanggal-tanggal
31 Desember 2008 dan 2006
Dengan Angka Perbandingan Untuk 2007
(Disajikan dalam jutaan Rupiah,
kecuali dinyatakan lain)
Tingkat kematian
Table Mortalita
Indonesia 1999
(TMI’99)
Table Mortalita
Indonesia 1999
(TMI’99)
Table Mortalita
Indonesia 1999
(TMI’99)
122
Table Mortalita
Indonesia 1999
(TMI’99)
Mortality rate
The original consolidated financial statements included herein are in
the Indonesian language.
PT BANK BUKOPIN TBK.
AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS
Years Ended December 31, 2008 and 2006
With Comparative Figures For 2007
(Expressed in millions of Rupiah,
unless otherwise stated)
PT BANK BUKOPIN TBK.
DAN ANAK-ANAK PERUSAHAAN
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN
Tahun yang Berakhir pada Tanggal-tanggal
31 Desember 2008 dan 2006
Dengan Angka Perbandingan Untuk 2007
(Disajikan dalam jutaan Rupiah,
kecuali dinyatakan lain)
37. PROGRAM
DANA
PENSIUN
KESEJAHTERAAN KARYAWAN (lanjutan)
DAN
37. PENSION PLAN AND EMPLOYEE SERVICE
ENTITLEMENTS (continued)
Kesejahteraan karyawan
Employees’ service entitlements
Kesejahteraan karyawan meliputi uang jasa, uang
pisah, pesangon, tunjangan cuti besar, dan
kompensasi lainnya, dikompensasikan dengan
imbalan pensiun. Kewajiban estimasi untuk
kesejahteraan karyawan merupakan selisih antara
UU No. 13/2003 dan program dana pensiun yang
diselenggarakan oleh Dana Pensiun Bank Bukopin.
Employee service entitlements consist of service
payments, severance payments, termination
benefits, long-term service awards and other
compensation, compensated with retirement
benefits. The estimated liability for employee
service entitlements represents the difference
between the Labor Law No. 13/2003 and the
pension program provided by the Bank’s Pension
Fund.
Beban yang diakui pada laporan
konsolidasian adalah sebagai berikut:
The expenses recorded in the
statements of income are as follows:
laba
rugi
consolidated
2008
Akuisisi
Anak Perusahan /
Acquisition of
Subsidiary
Bank/
Bank
Jumlah/
Total
2007
2006
Biaya jasa kini
4.437
40
4.477
1.622
2.203
Biaya bunga
Kerugian aktuaria yang diakui
Amortisasi biaya jasa lalu non-vested
2.268
73
301
(45)
2.569
28
2.565
817
882
2.029
202
41
243
11
11
Current service costs
Interest current benefit
pension costs
Actuarial loss recognized
Amortization of past service cost non-vested
6.980
337
7.317
5.015
5.125
Expenses in the consolidated
statements of income
(Note 34)
Beban yang diakui dalam
laporan laba rugi
konsolidasian (Catatan 34)
Kewajiban estimasi untuk kesejahteraan karyawan:
Estimated
liability
entitlements:
for
employee
service
2008
Bank/
Bank
Nilai kini kewajiban
Kerugian aktuaria yang
belum diakui
Biaya jasa lalu yang belum diakui non-vested
Kewajiban yang diakui pada
neraca konsolidasian
(Catatan 25)
Akuisisi
Anak Perusahan /
Acquisition of
Subsidiary
31.172
2.902
(7.475)
1.427
(2.689)
21.008
(357)
3.972
Jumlah/
Total
2007
2006
34.074
16.948
26.462
(6.048)
(1.443)
(15.568)
(3.046)
(186)
(197)
24.980
123
15.319
10.697
Current liability
Unrecognized amount of
actuarial loss
Unrecognized amount of past
service cost - non-vested
Liability in the consolidated
financial statements (Note 25)
The original consolidated financial statements included herein are in
the Indonesian language.
PT BANK BUKOPIN TBK.
AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS
Years Ended December 31, 2008 and 2006
With Comparative Figures For 2007
(Expressed in millions of Rupiah,
unless otherwise stated)
PT BANK BUKOPIN TBK.
DAN ANAK-ANAK PERUSAHAAN
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN
Tahun yang Berakhir pada Tanggal-tanggal
31 Desember 2008 dan 2006
Dengan Angka Perbandingan Untuk 2007
(Disajikan dalam jutaan Rupiah,
kecuali dinyatakan lain)
37. PROGRAM DANA PENSIUN DAN KARYAWAN
(lanjutan)
37. PENSION PLAN ENTITLEMENTS (continued)
Kesejahteraan karyawan (lanjutan)
Employees’ service entitlements (continued)
Perubahan kewajiban estimasi untuk kesejahteraan
karyawan adalah sebagai berikut:
The changes in estimated liability for employee
service entitlements are as follows:
2008
Akuisisi
Anak Perusahan /
Acquisition of
Subsidiary
Bank/
Bank
337
Jumlah/
Total
2007
Saldo awal tahun
Beban selama tahun berjalan
Pembayaran manfaat selama
tahun berjalan
Akuisisi anak perusahaan
15.319
6.980
15.319
7.317
(1.291)
-
3.635
(1.291)
3.635
Saldo akhir tahun
21.008
3.972
24.980
2006
10.697
5.015
5.602
5.125
(393)
-
(30)
-
15.319
10.697
Balance at beginning of year
Expense during the year
Compensation payments during
the year
Acquisition of a subsiduary
Balance at end of year
Asumsi-asumsi utama yang digunakan oleh
aktuaris
independen
dalam
perhitungan
kesejahteraan karyawan Bank adalah sama dengan
yang digunakan dalam perhitungan manfaat
imbalan pensiun diatas.
The principal actuarial assumptions used by the
independent actuary in calculating the Bank’s
employee service entitlements are the same with
the assumptions used in calculating the
aforementioned pension benefits.
38. TRANSAKSI PIHAK-PIHAK YANG MEMPUNYAI
HUBUNGAN ISTIMEWA
38. TRANSACTIONS WITH RELATED PARTIES
Dalam menjalankan kegiatan usahanya, Bank
melakukan transaksi-transaksi dengan pihak-pihak
yang mempunyai hubungan istimewa.
In the normal course of business, the Bank entered
into certain transactions with related parties.
2008
2007
Aktiva
Giro pada bank lain - bruto:
PT Bank Syariah Bukopin
(dahulu PT Bank
Persyarikatan Indonesia) *)
-
Penempatan pada Bank Indonesia
dan bank lain - bruto:
PT Bank Syariah Bukopin
(dahulu PT Bank
Persyarikatan Indonesia) *)
Kredit yang diberikan dan
pembiayaan/piutang Syariah
- bruto:
Bulog
Direksi, Dewan Komisaris,
Dewan Pengawas Syariah
dan Pejabat Eksekutif
*)
2006
Assets
Current account with other banks - gross:
PT Bank Syariah Bukopin
(formerly PT Bank Persyarikatan
3.094
3.191
Indonesia)
Placements with Ba
-
other bank - gross:
PT Bank Syariah Bukopin
(formerly PT Bank Persyarikatan
99.200
178.300
-
5.403.668
13.750
14.480
4.712.833
5.839
*)
PT Bank Persyarikatan Indonesia menjadi perusahaan
asosiasi Bank sejak tahun 2006 dan sejak 2008 menjadi
anak perusahaan Bank.
124
Loans and Sharia financing/
receivables-gross:
Bulog
Directors, Commissioners,
Sharia Supervisory Board
and Executive Offices
PT Bank Persyarikatan Indonesia became the Bank’s
associated company since 2006 and became the Bank’s
subsidiary since 2008.
Indonesia)
The original consolidated financial statements included herein are in
the Indonesian language.
PT BANK BUKOPIN TBK.
AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS
Years Ended December 31, 2008 and 2006
With Comparative Figures For 2007
(Expressed in millions of Rupiah,
unless otherwise stated)
PT BANK BUKOPIN TBK.
DAN ANAK-ANAK PERUSAHAAN
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN
Tahun yang Berakhir pada Tanggal-tanggal
31 Desember 2008 dan 2006
Dengan Angka Perbandingan Untuk 2007
(Disajikan dalam jutaan Rupiah,
kecuali dinyatakan lain)
38. TRANSAKSI PIHAK-PIHAK YANG MEMPUNYAI
HUBUNGAN ISTIMEWA (lanjutan)
2008
PT Mitra Data Sarana
PT Mitra Usaha Sarana
PT Kelola Jasa Artha
PT Kariyana Gita Utama
PT Mitramas Infosys Global
PT Sistemmaju Mandiri Perkasa
KSU BMT Surya Utama
Bina Dana Sejahtera
PT Bank Madya Dhaha Ekonomi
Aktiva lain-lain:
PT Bank Madya Dhaha Ekonomi
PT Bank Syariah Bukopin
(dahulu PT Bank
Persyarikatan Indonesia) *)
Jumlah aktiva untuk pihak yang
mempunyai hubungan istimewa
2007
Jumlah kewajiban untuk pihak
yang mempunyai hubungan
istimewa
Persentase terhadap jumlah
kewajiban
Pendapatan bunga
Persentase terhadap
pendapatan bunga
Beban bunga
Persentase terhadap beban bunga
dan pembiayaan lainnya
6.342
2.549
1.705
6
-
9.960
1.148
68
2.062
30.303
5.428.750
4.731.910
400
-
-
-
100.000
30.703
5.710.241
PT Mitra Data Sarana
PT Mitra Usaha Sarana
PT Mitra Data Sarana
PT Bank Madya Dhaha Ekonomi
*)
4.834.204
0,09%
16,58%
PT Mitra Data Sarana
PT Mitra Usaha Sarana
PT Kelola Jasa Artha
PT Kariyana Gita Utama
PT Mitramas Infosys Global
PT Sistemmaju Mandiri Perkasa
KSU BMT Surya Utama
Bina Dana Sejahtera
PT Bank Madya Dhaha Ekonomi
Others assets:
PT Bank Madya Dhaha Ekonomi
PT Bank Syariah Bukopin
(formerly PT Bank Persyarikatan
-
Indonesia)
Total related party assets
15,32%
18.625
7.589
291.176
-
835.638
8.402
2.413.291
304.200
2.949.707
2.535
2.227.431
211.433
304
-
-
Liabilites
Demand deposits
Savings deposits
Time deposits
Deposits from other banks
Derivative payables:
Executive officers
317.694
3.561.531
5.391.106
Total related party liabilities
1,04%
10,97%
18,04%
Percentage to total liabilities
216.966
697.789
673.776
Interest income
6,8%
21,77%
21,99%
Percentage to total interest income
123.668
236.141
213.677
Interest expense
6,4%
12,27%
11,60%
Percentage to total
Hubungan dengan pihak yang mempunyai
hubungan istimewa adalah sebagai berikut:
Pihak yang mempunyai
Hubungan istimewa
2006
7.100
3.882
2.816
1.477
825
387
66
-
Persentase terhadap jumlah aktiva
Kewajiban
Giro
Tabungan
Deposito berjangka
Simpanan dari bank lain
Kewajiban derivatif:
Pejabat eksekutif
38. TRANSACTIONS WITH RELATED PARTIES
(continued)
and other financing charges
The relationships with related parties are as
follows:
Sifat dari hubungan/
Relationship
Related Parties
Kepengurusan manajemen yang sama/
Same management
Kepengurusan manajemen yang sama/
Same management
Kepengurusan manajemen yang sama/
Same management
Kepengurusan manajemen yang sama/
Same management
*)
PT Bank Persyarikatan Indonesia menjadi perusahaan
asosiasi Bank sejak tahun 2006 dan sejak 2008 menjadi
anak-anak perusahaan Bank.
125
PT Mitra Data Sarana
PT Mitra Usaha Sarana
PT Mitra Data Sarana
PT Bank Madya Dhaha Ekonomi
PT Bank Persyarikatan Indonesia became the Bank’s
associated company since 2006 and became the Bank’s
subsidiary since 2008.
The original consolidated financial statements included herein are in
the Indonesian language.
PT BANK BUKOPIN TBK.
AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS
Years Ended December 31, 2008 and 2006
With Comparative Figures For 2007
(Expressed in millions of Rupiah,
unless otherwise stated)
PT BANK BUKOPIN TBK.
DAN ANAK-ANAK PERUSAHAAN
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN
Tahun yang Berakhir pada Tanggal-tanggal
31 Desember 2008 dan 2006
Dengan Angka Perbandingan Untuk 2007
(Disajikan dalam jutaan Rupiah,
kecuali dinyatakan lain)
38. TRANSAKSI PIHAK-PIHAK YANG MEMPUNYAI
HUBUNGAN ISTIMEWA (lanjutan)
Pihak yang mempunyai
hubungan istimewa
Sifat dari hubungan istimewa/
Relationship
Bina Dana Sejahtera
PT Mitramas Infosys Global
Yayasan Bina Sejahtera Warga
(Yabinstra) Bulog
PT Bank Syariah Bukopin
(dahulu PT Bank Persyarikatan
Indonesia) *)
PT Kariyana Gita Utama
Bina Dana Sejahtera
PT Kelola Jasa Artha
PT Mitramas Infosys Global
Yayasan Bina Sejahtera Warga
(Yabinstra) Bulog
PT Bank Syariah Bukopin
(formerly PT Bank Persyarikatan
Indonesia) *)
PT Kariyana Gita Utama
Pemegang saham yang sama/
A same shareholder
Pemegang saham yang sama/
A same shareholder
Kepengurusan/Manajemen yang sama
A same management
PT Sistemmaju Mandiri Perkasa
KSU BMT Surya Utama
*)
PT Bank Persyarikatan Indonesia menjadi perusahaan
asosiasi Bank sejak tahun 2006 dan sejak 2008 menjadi
anak perusahaan Bank.
Kolektibilitas atas kredit kepada pihak yang
mempunyai hubungan istimewa adalah lancar pada
tanggal 31 Desember 2008, 2007, dan 2006.
PT Sistemmaju Mandiri Perkasa
KSU BMT Surya Utama
PT Bank Persyarikatan Indonesia became the Bank’s
associated company since 2006 and became the Bank’s
subsidiary since 2008.
Loans to related parties were classified as current
as at December 31, 2008, 2007, and 2006.
39. KOMITMEN DAN KONTINJENSI
39. COMMITMENTS AND CONTINGENCIES
Bank memiliki komitmen dan kontinjensi sebagai
berikut:
2008
Komitmen
Tagihan komitmen
Fasilitas pinjaman diterima
yang belum digunakan
Related Parties
Kepengurusan manajemen yang sama/
Same management
Kepengurusan manajemen yang sama/
Same management
Kepengurusan manajemen yang sama/
Same management
Sebagai pemegang saham Bank/
A shareholder of the Bank
Hubungan kepemilikan sejak tahun
2006/Ownership since 2006
PT Kelola Jasa Artha
*)
38. TRANSACTIONS WITH RELATED PARTIES
(continued)
The outstanding commitments and contingencies
are as follows:
2007
2006
Commitments
Commitment receivables
2
2
2
Unused fund borrowing fasilities
Kewaijban komitmen
Fasilitas kredit dan pembiayaan/
piutang Syariah kepada nasabah
yang belum digunakan
L/C dan SKBDN yang masih
berjalan dan tidak dapat
dibatalkan
(13.250.672)
(5.196.675)
(4.349.206)
Unused loans and Sharia financing/
receivable facilities
(2.948.173)
(2.344.785)
(530.717)
Outstanding irrevocable L/C
and SKBDN
Jumlah kewajiban komitmen
(16.198.845)
(7.541.460)
(4.879.923)
Total commitment payables
Komitmen - bersih
(16.198.843)
(7.541.458)
(4.879.921)
Commitments - net
Kontinjensi
Tagihan kontinjensi
Pendapatan bunga dalam
penyelesaian
Commitment payables
74.515
Contingencies
Contingent receivables
Interest receivables on
non-performing loans
(233.573)
(4.239
(183.327)
)
Contingent liabilities
Bank guarantees issued
)
(345.906)
(237.812)
(187.566)
(145.380)
(81.096)
(113.051)
Contingencies - net
(4.992.972)
Commitments and contingent
liabilites - net
200.526
Kewajiban kontinjensi
Bank garansi yang diterbitkan
Endorsemen surat-surat berharga
(345.906)
-
Jumlah kewajiban kontinjensi
Kontinjensi - bersih
Kewajiban komitmen dan
kontinjensi - bersih
(16.344.223)
156.716
(7.622.554)
126
(4.239
Total contingent payables
Marketable securitie
The original consolidated financial statements included herein are in
the Indonesian language.
PT BANK BUKOPIN TBK.
AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS
Years Ended December 31, 2008 and 2006
With Comparative Figures For 2007
(Expressed in millions of Rupiah,
unless otherwise stated)
PT BANK BUKOPIN TBK.
DAN ANAK-ANAK PERUSAHAAN
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN
Tahun yang Berakhir pada Tanggal-tanggal
31 Desember 2008 dan 2006
Dengan Angka Perbandingan Untuk 2007
(Disajikan dalam jutaan Rupiah,
kecuali dinyatakan lain)
127
The original consolidated financial statements included herein are in
the Indonesian language.
PT BANK BUKOPIN TBK.
AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS
Years Ended December 31, 2008 and 2006
With Comparative Figures For 2007
(Expressed in millions of Rupiah,
unless otherwise stated)
PT BANK BUKOPIN TBK.
DAN ANAK-ANAK PERUSAHAAN
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN
Tahun yang Berakhir pada Tanggal-tanggal
31 Desember 2008 dan 2006
Dengan Angka Perbandingan Untuk 2007
(Disajikan dalam jutaan Rupiah,
kecuali dinyatakan lain)
40. MANAJEMEN RISIKO
40. RISK MANAGEMENT
Pelaksanaan fungsi manajemen risiko meliputi halhal terkait dengan upaya identifikasi, penilaian,
pengukuran, evaluasi dan pengendalian risiko
termasuk pengembangan teknologi dan sistem
informasi manajemen di setiap jenis risiko, serta
peningkatan kualitas sumber daya manusia dalam
pengelolaan risiko.
Risk management function includes identification,
assessment, evaluation and risk controls,
development of technology and management
information system in each risk and improvement of
human resource quality in risk management.
Sebagai salah satu wujud pelaksanaan Good
Corporate Governance dan pengawasan aktif
Komisaris dan Direksi dalam pengendalian risiko,
Bank membentuk beberapa Komite untuk
menunjang proses pengendalian risiko. Beberapa
Komite yang telah dibentuk antara lain Komite
Manajemen Risiko dan Assets and Liabilities
Management Committee yang merupakan komite
untuk tingkat Direksi. Komite-komite tersebut
didukung oleh Komite Pendukung Manajemen
Risiko, Komite Produk dan Aktivitas Baru, serta
Asset and Liability Committee (ALCO).
The Bank forms several committees to support the
risk controls in relation to implementation of Good
Corporate Governance and active monitoring from
Commissioners and Directors in risk controls.
These committees include: Risk Management
Committee and Asset and Liabilities Management
Committee which are committees at the directors
level. These committees are supported by Risk
Management Support Committee, New Product and
Activities Committee and Asset and Liabilities
Committee (ALCO).
Pada tingkat Dewan Komisaris, Komite Pemantau
Risiko secara berkala mengadakan rapat
pembahasan
sesuai
dengan
tugas
dan
kewenangannya.
At the Commissioners level, Risk Monitoring
Committee periodically conducts meeting to
discuss matters in accordance with their role and
responsibilities.
Profil Risiko
Risk Profile
Dalam upaya meningkatkan good corporate
governance dan manajemen risiko pada industri
perbankan, telah diterbitkan PBI No. 5/8/PBI/2003
tanggal 19 Mei 2003 tentang Penerapan
Manajemen Risiko Bagi Bank Umum, yang
mewajibkan Bank untuk menyampaikan laporan
profil risiko triwulan sejak tahun 2005.
In order to develop good corporate governance and
risk management of banking industry, PBI No.
5/8/PBI/2003 dated May 19, 2003 regarding Risk
Management Implementation For General Banks is
issued, which compulsory for Banks to submit
quarterly risk profile report started year 2005.
Secara garis besar profil risiko mencerminkan
tingkat risiko yang dihadapi Bank berdasarkan 8
(delapan) jenis risiko sesuai ketentuan Bank
Indonesia. Dari hasil self assessment profil risiko
triwulanan yang disampaikan kepada Bank
Indonesia selama tahun 2008, predikat risiko Bank
secara keseluruhan tetap berada pada tingkat risiko
rendah.
Overall, the risk profile reflects the 8 (eight) risks
based on Bank Indonesia Regulation. From the
quarterly self assessment results submitted to Bank
Indonesia on the risk profile during 2008, the Banks
overall risk profile is at the low composite risk.
Risiko Kredit
Credit Risk
Risiko kredit adalah risiko yang terjadi akibat
kegagalan pihak lawan (counterparty) dalam
memenuhi kewajibannya. Risiko kredit yang
dikelola Bank tidak hanya terkait pada penyaluran
kredit pembiayaan tetapi juga eksposur risiko kredit
Iainnya seperti penempatan, pembelian surat-surat
berharga, dan penyertaan, yang dikelola secara
komperehensif baik pada tingkat portofolio maupun
transaksi.
Credit risk is the risk of counterparty failing to fulfil
their obligation. The Bank’s credit risk is not only
related to Ioans/financing activities but also to other
credit risk exposure such as placements, purchase
of marketable securities, and investments which
are managed comprehensively at the portfolio and
transaction levels.
128
The original consolidated financial statements included herein are in
the Indonesian language.
PT BANK BUKOPIN TBK.
AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS
Years Ended December 31, 2008 and 2006
With Comparative Figures For 2007
(Expressed in millions of Rupiah,
unless otherwise stated)
PT BANK BUKOPIN TBK.
DAN ANAK-ANAK PERUSAHAAN
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN
Tahun yang Berakhir pada Tanggal-tanggal
31 Desember 2008 dan 2006
Dengan Angka Perbandingan Untuk 2007
(Disajikan dalam jutaan Rupiah,
kecuali dinyatakan lain)
40. MANAJEMEN RISIKO (lanjutan)
40. RISK MANAGEMENT (continued)
Risiko Kredit (lanjutan)
Credit Risk (continued)
Bank memiliki pedoman perkreditan yang mengatur
kebijakan dan prosedur dalam pemberian kredit
kepada nasabah koperasi, mikro, kecil, menengah,
komersial, dan konsumer. Bank secara berkala
melakukan pengkajian dan penyempurnaan atas
pedoman tersebut dengan tetap didasarkan pada
prinsip pengelolaan risiko yang independen, agar
sesuai dengan peraturan Bank Indonesia dan
peraturan eksternal lainnya serta kebijakan
manajemen risiko yang terkait dengan pemberian
kredit.
The Bank has credit guidance which regulates the
policies and procedures in issuing credit to
customers in cooperation, micro, small, medium,
commercial, and consumer segments. The Bank
periodically review and improve the guidance based
on the independent risk management principles.
This is performed to fulfill Bank Indonesia
regulation, other external regulations, and other risk
management policies related to credit.
Risiko yang terkait dengan pembiayaan kepada
nasabah atau proyek yang akan dibiayai, dievaluasi
dengan mempertimbangkan berbagai faktor, antara
lain:
Risk related to financing to customers or projects
are evaluated and considered using the following
factors amongst others:
1.
Historis dan proyeksi kondisi keuangan,
termasuk laba rugi, arus kas, dan neraca
keuangan nasabah;
1.
Historical and projected financial condition,
including profit and loss, cash flow, and
balance sheets;
2.
Riwayat hubungan kredit pada bank lain
berdasarkan checking pada Bank Indonesia:
2.
Credit history with other banks based on the
checking with Bank Indonesia;
3.
Kualitas, kinerja, dan
manajemen nasabah;
3.
Quality, performance, and experience of the
customers’ management;
4.
Sektor industri nasabah;
4.
Industry sector;
5
Posisi nasabah dalam persaingan di industri
sejenis;
5.
Customers’ position in the industry;
6.
Kondisi ekonomi secara umum.
6.
General economic condition.
pengalaman
dari
Proses persetujuan kredit dilakukan berdasarkan
prinsip bahwa setiap kredit harus diproses melalui
Komite Kredit. Komposisi dan jumlah anggota
Komite Kredit akan berbeda sesuai dengan jumlah
dan fasilitas kredit yang diajukan.
Credit Committee function must be used during the
credit approval process. The composition and
number of members of Credit Committee depend
on the amount and facilities of the loans.
Dalam pelaksanaan pengelolaan risiko kredit, Bank
telah menjalankan proses identifikasi, pengukuran,
pemantauan, dan pengendalian risiko yang
mencakup profil risiko kredit di cabang maupun
kantor pusat. Pengelolaan seluruh aktivitas ini telah
terintegrasi dalam suatu sistem dan proses
manajemen risiko yang komprehensif.
In the credit risk management process, the Bank
has identified measured, monitored, and controlled
risks in branches and head office. The whole
activities are integrated in the comprehensive
system and risk management process.
Bank telah melakukan kerjasama dengan konsultan
dalam mengembangkan sistem manajemen risiko
untuk memenuhi persyaratan Bank Indonesia dan
standar internasional seperti Basel II. Sistem
manajemen risiko tersebut telah diimplementasikan
pada berbagai aspek pengelolaan risiko kredit.
The Bank has entered into an agreement with
consultant to develop the risk management system
to fulfill the Bank Indonesia’s regulation and
international standard such as Basel II. This risk
management system has been implemented in
various aspects of risk management.
129
The original consolidated financial statements included herein are in
the Indonesian language.
PT BANK BUKOPIN TBK.
AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS
Years Ended December 31, 2008 and 2006
With Comparative Figures For 2007
(Expressed in millions of Rupiah,
unless otherwise stated)
PT BANK BUKOPIN TBK.
DAN ANAK-ANAK PERUSAHAAN
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN
Tahun yang Berakhir pada Tanggal-tanggal
31 Desember 2008 dan 2006
Dengan Angka Perbandingan Untuk 2007
(Disajikan dalam jutaan Rupiah,
kecuali dinyatakan lain)
40. MANAJEMEN RISIKO (lanjutan)
40. RISK MANAGEMENT (continued)
Risiko Kredit (lanjutan)
Credit Risk (continued)
Sistem yang telah diimplementasikan antara lain
model Internal Credit Risk Rating (ICRR) untuk
usaha mikro, kecil, menengah, serta usaha
komersial dan model scoring risiko kredit untuk
bisnis konsumen. Bank secara berkelanjutan
melakukan
upaya
yang
diperlukan
untuk
menyempurnakan model tersebut.
The systems which have been implemented include
Internal Credit Risk Rating (ICRR) for micro, small,
medium, and commercial segments and a scoring
model for consumer business. The Bank
continuously evaluates and improve these models.
Bank secara berkelanjutan mengelola risiko
kreditnya melalui penetapan dan evaluasi proses
dan kebijakan kredit pengaturan dan evaluasi limit
dan pelaporan secara berkala kepada Direksi dan
Dewan Komisaris. Bank juga terus melakukan
persiapan terkait rencana Bank Indonesia dalam
implementasi Basel II.
The Bank also continuously manages credit risk
through setting of credit process and policies credit
limit evaluation and periodic reporting to the Board
of Directors and Commissioners. The Bank also
prepares in relation to Bank Indonesia’s plan to
implement Basel II.
Risiko Pasar
Market risk
Risiko pasar adalah risiko yang timbul karena
adanya pergerakan variabel pasar (adverse
movement) dari portofolio yang dimiliki Bank yang
dapat merugikan Bank. Variabel pasar dalam hal ini
adalah suku bunga dan nilai tukar. Risiko nilai tukar
mata uang asing dan risiko tingkat suku bunga
dalam bank dapat disebabkan oleh posisi on
balance sheet maupun off balance sheet yang
tergolong dalam trading book atau banking book.
Market risk arises from the adverse movement of
market variables in the Bank’s portfolio which has
unfavourables impact to the Bank. Market variables
includes interest rate and foreign exchange. lnteres
rate and foreign exchange risks in a bank are
caused by on and off balance sheet positions of the
trading and banking books.
Pengelolaan risiko pasar dijalankan berdasarkan
kebijakan dan prosedur yang berkaitan dengan
produk, jasa, dan aktivitas treasury dan bisnis yang
terekspos risiko tersebut. Pengendalian risiko nilai
tukar mata uang asing dan risiko suku bunga Bank
pada trading book antara lain dilakukan melalui
analisis risiko dan limit untuk aktivitas trading yang
meliputi transaksi Money Market, Foreign
Exchange dan Fixed Income Securities (surat-surat
berharga). Selain itu, dilakukan proses mark to
market untuk posisi trading book, monitoring posisi
devisa neto dan Value at Risk (VaR) atas posisi
tersebut.
The overall market risk management is performed
based on the policies and procedures related to the
products, services, and activities in treasury and
business division exposed to that risk. The
management of foreign exchange and interest rate
risks in trading book is performed through risk and
limit analysis. The trading book activities include
money market foreign exchange, and fixed income
securities transactions. In addition to this, trading
book position has been marked-to-market included
in the net open position calculation and Value at
Risk calculation (VaR).
Pengelolaan risiko suku bunga juga dilakukan pada
eksposur banking book, antara lain dengan
memperhatikan posisi gap aktiva dan kewajiban
Bank yang sensitif terhadap pergerakan suku
bunga dan kecenderungan pergerakan suku bunga
acuan BI rate serta suku bunga pasar yang dapat
mempengaruhi stabilitas tingkat profitabilitas Bank.
Pengukuran risiko dilakukan dengan menggunakan
Interest Rate Risk Model dengan metodologi
repricing profile gap. Penilaian risiko nilai tukar
mata uang asing dilakukan dengan memperhatikan
Posisi Devisa Neto (PDN) dan volatilitas mata uang
asing yang dikelola Bank dengan mengontrol
mutasi transaksi valuta asing di seluruh kantor
cabang dan unit bisnis.
The overall management is also performed on the
banking book exposure, i.e. by monitoring the gap
position of the Bank’s assets and liabilities which
were sensitive to interest rate volatility, BI rate, and
market rate trend that may impact to Bank’s profit
stability. Risk valuation was done using Interest
Rate Risk Model using repricing profile gap
methodology. The implementation of foreign
exchange risk valuation was done by monitoring
Net Open Position and foreign exchange volatility
maintained by the Bank. As an effort to mitigate
high risk of foreign exchange in fourth quarter of
2008, net open position management should be
done carefully through monitoring on foreign
exchange transaction movement in all branches
and business units.
130
The original consolidated financial statements included herein are in
the Indonesian language.
PT BANK BUKOPIN TBK.
AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS
Years Ended December 31, 2008 and 2006
With Comparative Figures For 2007
(Expressed in millions of Rupiah,
unless otherwise stated)
PT BANK BUKOPIN TBK.
DAN ANAK-ANAK PERUSAHAAN
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN
Tahun yang Berakhir pada Tanggal-tanggal
31 Desember 2008 dan 2006
Dengan Angka Perbandingan Untuk 2007
(Disajikan dalam jutaan Rupiah,
kecuali dinyatakan lain)
40. MANAJEMEN RISIKO (lanjutan)
40. RISK MANAGEMENT (continued)
Risiko Pasar (lanjutan)
Market risk (continued)
Dalam melakukan pengukuran risiko, Bank
melakukan stress test dengan beberapa skenario,
diantaranya skenario terburuk (worst case
scenario). Hal ini ditujukan untuk mengetahui
tingkat kemampuan Bank dalam menghadapi
berbagai tingkat pergerakan hingga kondisi pasar
yang tidak normal. Bank secara berkala melakukan
back testing untuk validasi pada metodologi,
formula, model, dan penggunaan asumsi pada
setiap skenario dalam model pengukuran risiko.
In measuring risks, Bank has performed stress test
based on several scenarios, among other is the
worst case. This is intended to assess the Bank’s
ability during various levels of market movement to
abnormal market condition. The Bank periodically
performs back testing to validate methodology,
formula, model, and assumptions used on each
scenario of risk measurement mode.
Risiko Likuiditas
Liquidity Risk
Risiko Iikuiditas adalah risiko yang antara lain
disebabkan ketidakmampuan Bank memenuhi
kewajiban yang telah jatuh waktu. Permasalahan
likuiditas pada Bank dapat terjadi akibat adanya
ketidakcocokan saat jatuh tempo (maturity
mismatch) antara aset dan kewajiban.
Liquidity risk is the risk which is caused by the
Bank’s inability to fulfill its obligation when they fall
due. Liquidity problem in a bank is caused by
maturity mismatch between assets and liabilities.
Untuk memastikan kemampuan Bank dalam
memenuhi
kewajibannya
kepada
nasabah/counterparty, Bank menerapkan kebijakan
pengelolaan likuiditas melalui alokasi penempatan
pada Cadangan Primer (Primary Reserve),
Cadangan Sekunder (Secondary Reserve) dan
Cadangan Tersier (Tertiary Reserve) berdasarkan
kriteria dan limit tertentu. Selain itu, Bank telah
memiliki kebijakan Contingency Funding Plan, yang
berisi langkah yang harus dilakukan oleh Bank
dalam mengantisipasi dan menghadapi kondisi
kesulitan likuiditas. Bank melakukan pengukuran
risiko likuiditas menggunakan Liquidity Risk Model
dengan metodologi maturity gap. Monitoring kondisi
likuiditas harian dilakukan oleh Unit Treasury dan
perubahan eksternal serta makro ekonomi yang
terjadi dengan segera diinformasikan dan diambil
kebijakan internal antara lain melalui mekanisme
Asset and Liability Committee (ALCO).
To ensure the Bank’s ability in fulfilling its obligation
to customers/counterparties the Bank implement
management policies through placement in Primary
Reserve, Secondary Reserve, and Tertiary Reseve
based on certain criteria and limit. The Bank also
has a Contingency Funding Plan which contains
procedures which must be done in anticipating and
facing liquidity shortfall. The Bank measures
liquidity risk using the Liquidity Risk Model with
maturity gap methodology. Daily liquidity condition
is monitored by Treasury unit and external and
macro economic changes are immediately informed
and internal policies are taken through, among
other, Asset and Liability Committee (ALCO)
mechanism.
Risiko Operasional
Operational risk
Risiko operasional adalah risiko kerugian yang
timbul dari tidak memadainya atau kegagalan atas
kebijakan internal, strategi, proses, manusia, dan
sistem atau diakibatkan oleh kejadian eksternal.
Operational risk is the risk of loss resulting from
inadequate or failure in internal processes, people
and systems or from external problems.
131
The original consolidated financial statements included herein are in
the Indonesian language.
PT BANK BUKOPIN TBK.
AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS
Years Ended December 31, 2008 and 2006
With Comparative Figures For 2007
(Expressed in millions of Rupiah,
unless otherwise stated)
PT BANK BUKOPIN TBK.
DAN ANAK-ANAK PERUSAHAAN
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN
Tahun yang Berakhir pada Tanggal-tanggal
31 Desember 2008 dan 2006
Dengan Angka Perbandingan Untuk 2007
(Disajikan dalam jutaan Rupiah,
kecuali dinyatakan lain)
40. MANAJEMEN RISIKO (lanjutan)
40. RISK MANAGEMENT (continued)
Risiko Operasional (lanjutan)
Operational risk (continued)
Di dalam mengelola risiko operasional, risk owner
bertanggung jawab atas risiko yang terjadi pada
unitnya masing-masing. Adapun tata cara
pengendalian risiko tersebut diatur dalam kebijakan
Bank secara menyeluruh dan kebijakan dan
prosedur pada setiap unit.
ln managing operational risk, the risk owner is
responsible for the risk occur in the respective
units. The risk management is regulated in the
Bank’s overall policies and procedures in each unit.
Metode dan kebijakan didalam pengendalian risiko
operasional dilaksanakan diantaranya melalui:
The methods and policies in the operational risk
management is performed through the following:
1.
Pengkajian terhadap kebijakan, pedoman, dan
prosedur pengendalian internal sesuai dengan
kondisi perkembangan dunia perbankan,
kebijakan pemerintah, dan limitasi operasional
yang telah ditetapkan.
1.
Evaluation of policies, guidance, and internal
procedures in accordance with the banking
industry development, government policies,
and pre-determined operational limitation.
2.
Pengkajian terhadap produk dan aktivitas baru.
2.
Evaluation of new products and activities.
3.
Pengkajian dan penerapan Disaster Recovery
Plan sebagai langkah antisipatif atas kejadian
internal maupun eksternal yang berpotensi
menimbulkan kerugian.
3.
Evaluation and implementation of Disaster
Recovery Plan as the anticipated procedures
during internal and external loss potential
events.
4. Tindakan korektif terhadap hasil temuan audit.
4.
Take corrective action from the audit results.
5.
Identifikasi serta pengukuran risiko operasional
juga dilakukan melalui perhitungan risiko
berdasarkan Accounting Loss Data.
5.
Identification and measuring of operational risk
through risk calculation based on Accounting
Loss Data.
6.
Pengkajian
dan
penerapan
Business
Contingency Plan dalam pengelolaan dan
pengendalian aktivitas Bank.
6.
Review the implementation of Business
Contingency Plan in the management and
control of the Bank’s activities.
Manajemen
risiko
mengembangkan:
operasional
telah
The operational risk management has developed:
1. Modul Self Assessment manajemen risiko
1.
Self assessment web-based module in
operational risk management which is used to
identify, measure, and monitor risk in each
working unit.
operasional berbasis web yang digunakan
untuk
mengidentifikasi,
mengukur,
dan
memonitor risiko pada setiap unit kerja.
2.
Modul Loss Event Data berbasis web yang
digunakan untuk analisis historical loss data.
2.
Loss Event Data web-based module which is
used to analyse the historical loss data
3.
Pembuatan Action Plan untuk mitigasi risiko
yang berpotensi terjadi ataupun telah terjadi.
3.
Action plan to mitigate the risk which will
potentially occur or has occurred.
132
The original consolidated financial statements included herein are in
the Indonesian language.
PT BANK BUKOPIN TBK.
AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS
Years Ended December 31, 2008 and 2006
With Comparative Figures For 2007
(Expressed in millions of Rupiah,
unless otherwise stated)
PT BANK BUKOPIN TBK.
DAN ANAK-ANAK PERUSAHAAN
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN
Tahun yang Berakhir pada Tanggal-tanggal
31 Desember 2008 dan 2006
Dengan Angka Perbandingan Untuk 2007
(Disajikan dalam jutaan Rupiah,
kecuali dinyatakan lain)
40. MANAJEMEN RISIKO (lanjutan)
40. RISK MANAGEMENT (continued)
Risiko Hukum
Legal Risk
Risiko hukum adalah risiko yang disebabkan oleh
adanya kelemahan aspek hukum, yang antara lain
disebabkan adanya tuntutan hukum, ketiadaan
peraturan perundang-undangan yang mendukung,
atau kelemahan perikatan seperti tidak dipenuhinya
syarat sahnya kontrak dan pengikatan agunan yang
tidak sempurna.
Legal risk is risk due to laxity of legal aspect, e.g.
due to law litigation, absence of regulation, laxity of
legal binding such as criteria for valid contract is
not fulfilled, and legal binding for collateralis not
complete.
Identifikasi risiko hukum dilakukan pada seluruh
aktivitas fungsional yang melekat pada perkreditan
(penyediaan dana), treasury dan investasi,
operasional dan jasa, trade finance services, sistem
informasi teknologi dan Management Information
System (MIS), serta pengelolaan sumber daya
manusia.
Legal risk identification was done in all function
activities that were inherent to loan, treasury and
investment, operational and services, trade finance
services, information system technology and
management information system, and human
resources management.
Identifikasi risiko hukum dilakukan secara berkala
sesuai dengan pengalaman kerugian di masa lalu
yang disebabkan oleh risiko hukum.
Legal risk identification was done periodically
based on past experience of legal losses.
Risiko Reputasi
Reputation Risk
Risiko reputasi adalah risiko yang antara lain
disebabkan oleh adanya publikasi negatif yang
terkait dengan kegiatan usaha Bank atau persepsi
negatif terhadap Bank.
Reputation risk is due to negative publication
related to the Bank’s activity or negative perception
to the Bank.
Identifikasi risiko reputasi dilakukan secara berkala
sesuai dengan pengalaman kerugian di masa lalu
yang disebabkan oleh risiko reputasi.
Reputation risk identification was done periodically
based on past experience of reputational losses
Penilaian risiko reputasi dilakukan secara kualitatif
antara lain bersumber dari pemberitaan negatif
yang muncul dari masyarakat/nasabah dan keluhan
nasabah.
Reputation risk valuation is done among others
from negative public/customer publication and
customer complaint.
Untuk memastikan pengendalian risiko reputasi,
Bank telah melakukan langkah antisipasi antara lain:
The Bank has anticipate reputation risk by:
• Forming Unit Kerja Pelayanan to ensure customer
servicing quality.
• Using Complaint Tracking System to monitor
customer complaint settlement.
• Implementation of Service Level Agreement in
all business unit to ensure time standard.
• Cooperate with independent party to survey
Bank’s service compared to competitor.
• Periodically, train the employees to improve the
service quality.
•
•
•
•
•
Pembentukan Unit Kerja Pelayanan untuk
memastikan peningkatan kualitas pelayanan
kepada nasabah.
Penggunaan Complaint Tracking System untuk
mengawasi penyelesaian komplain nasabah.
Penerapan Service Level Agreement (SLA) di
tiap unit kerja untuk memastikan standar waktu.
Bekerja sama dengan pihak independen
melakukan
survey
pelayanan
Bank
dibandingkan dengan pesaing.
Secara berkelanjutan melaksanakan pelatihan
karyawan untuk dapat meningkatkan kualitas
pelayanan.
133
The original consolidated financial statements included herein are in
the Indonesian language.
PT BANK BUKOPIN TBK.
AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS
Years Ended December 31, 2008 and 2006
With Comparative Figures For 2007
(Expressed in millions of Rupiah,
unless otherwise stated)
PT BANK BUKOPIN TBK.
DAN ANAK-ANAK PERUSAHAAN
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN
Tahun yang Berakhir pada Tanggal-tanggal
31 Desember 2008 dan 2006
Dengan Angka Perbandingan Untuk 2007
(Disajikan dalam jutaan Rupiah,
kecuali dinyatakan lain)
40. MANAJEMEN RISIKO (lanjutan)
40. RISK MANAGEMENT (continued)
Risiko Kepatuhan
Compliance Risk
Risiko kepatuhan adalah risiko yang terjadi karena
Bank tidak mematuhi atau tidak melaksanakan
ketentuan internal dan peraturan perundangundangan. Pada prakteknya risiko kepatuhan
melekat pada risiko Bank yang terkait pada peraturan
perundang-undangan, ketentuan kehati-hatian dan
ketentuan lain yang berlaku, seperti :
•
Risiko kredit terkait dengan ketentuan Kewajiban
Pemenuhan Modal Minimum (KPMM), Kualitas
Aktiva, Pembentukan Penyisihan Aktiva (PPA),
dan Batas Maksimum Pemberian Kredit
(BMPK).
•
Risiko pasar terkait dengan ketentuan Posisi
Devisa Neto (PDN).
•
Risiko strategik terkait dengan ketentuan
Rencana Bisnis Bank (RBB).
•
Risiko lain yang terkait dengan ketentuan
eksternal dan internal.
Compliance risk is due to the Bank is incomplied to
the internal policy and regulation. In practice,
compliance risk inherent to Bank’s risk related to
regulation, e.g. :
•
Credit risk related to Capital Adequacy Ratio,
Asset Quality, Allowance for Possible Losses,
and Legal Lending Limit.
•
Market risk related to Net Open Position.
•
Strategic risk related to Bank’s Business Plan.
•
Other risk related to external and internal
regulation.
Risiko Strategik
Strategic Risk
Risiko strategik adalah risiko yang antara lain
disebabkan adanya penetapan dan pelaksanaan
strategi Bank dan pengambilan keputusan bisnis
yang tidak tepat atau kurang responsifnya Bank
terhadap perubahan eksternal.
Strategic risk derives from determination and
implementation of the Bank’s strategy and
inaccurate business decision making or the Bank’s
irresponsiveness to the external changes.
Identifikasi risiko strategik dilakukan secara berkala
sesuai dengan pengalaman kerugian di masa lalu
yang disebabkan oleh risiko strategik.
Strategic risk identification done periodically based
on past experince of strategic risk.
Pengendalian risiko strategik diantaranya dilakukan
melalui monitoring pencapaian rencana bisnis
secara periodik dan dilanjutkan dengan mitigasi
atas faktor penyebab kegagalan.
Strategic risk control done through monitoring in
busniess plan realization periodically and followed
with failure risk mitigation.
134
The original consolidated financial statements included herein are in
the Indonesian language.
PT BANK BUKOPIN TBK.
AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS
Years Ended December 31, 2008 and 2006
With Comparative Figures For 2007
(Expressed in millions of Rupiah,
unless otherwise stated)
PT BANK BUKOPIN TBK.
DAN ANAK-ANAK PERUSAHAAN
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN
Tahun yang Berakhir pada Tanggal-tanggal
31 Desember 2008 dan 2006
Dengan Angka Perbandingan Untuk 2007
(Disajikan dalam jutaan Rupiah,
kecuali dinyatakan lain)
41. ANALISIS JATUH TEMPO AKTIVA DAN
KEWAJIBAN BERDASARKAN PERIODE YANG
TERSISA
41. MATURITY PROFILE BASED ON REMAINING
PERIOD TO MATURITY
2008
Jumlah/
Total
Aktiva
Kas
Giro pada BI
Giro pada bank lain-bruto
Penempatan pada
Bank Indonesia
dan bank lain-bruto
Surat-surat berharga-bruto
Surat-surat berharga yang
dibeli dengan janji
dijual kembali-bruto
Tagihan derivatif-bruto
Kredit yang diberikan
dan pembiayaan/
piutang syariah-bruto
Tagihan akseptasi-bruto
Penyertaan-bruto
Goodwill
Aset tetap
Aktiva pajak tangguhan
Aktiva lain-lain-bersih
Total
Penyisihan kerugian dan
bunga yang belum
direalisasi
≤ 1 bulan/
months
> 1 bulan/
month - 3
bulan/months
> 1 tahun/
year
- 5 tahun/
years
> 3 bulan/
months - 1
tahun/year
Tidak
memiliki
jatuh tempo/
without
maturities
>5
tahun/years
683.155
1.199.882
683.155
1.199.882
-
-
-
-
-
772.106
772.106
-
-
-
-
-
1.581.692
1.499.942
81.750
-
-
-
-
4.523.236
3.410.398
3.900
110.072
793.950
204.916
-
110.980
13.293
84.166
12.211
26.814
1.082
-
-
-
-
23.042.022
2.325.362
972.008
8.569.547
7.909.699
3.265.406
-
134.870
951
295.711
407.528
75.046
506.543
2.207
160.611
21.800
-
110.863
-
-
295.711
-
951
407.528
75.046
345.932
33.347.015
10.150.040
1.107.354
8.790.482
8.703.649
3.766.033
829.457
Assets
Cash
Current account with BIt
Current account with
other banks-gross
Placement with
Bank Indonesia
and other bank-gross
Marketable
securities-gross
Marketable securities
purchased with agreement
to resell-gross
Derivative receivables-gross
Loans and sharia
financing/
receivables-gross
Acceptance
receivables-gross
Investments-gross
Goodwill
Fixed assets
Deferred tax assets
Other assets-net
Total assets
Allowance for
losses and unearmed
interest
(713.952 )
32.633.063
Kewajiban segera
Simpanan nasabah
Simpanan dari bank lain
Hutang pajak
Kewajiban derivatif
Kewajiban akseptasi
Pinjaman yang diterima
Estimasi kerugian
komitmen dan
kontinjensi
Kewajiban lain-lain
Kewajiban
178.157
27.521.206
1.126.641
103.526
2.233
134.870
922.566
178.157
23.031.993
1.097.141
103.526
2.207
-
2.451.320
18.750
2.233
21.800
-
2.037.893
6.350
110.863
58.294
4.400
754.913
109.359
-
28.479
447.415
216.994
-
-
-
-
28.479
230.421
Liabilities
Liabilities immediately
payables
Deposits from customers
Deposits from other banks
Taxes payable
Derivative payables
Acceptance payables
Borrowings
Estimated losses on
commitments and
contingencies
Other liabilities
Jumlah kewajiban
30.465.093
24.630.018
2.494.103
2.213.400
759.313
109.359
258.900
Total liabilities
Perbedaan jatuh tempo
2.881.922
(14.479.978)
(1.386.749 )
6.577.082
7.944.336
3.656.674
570.557
Maturity gap
Aset (kewajiban)
bersih
2.167.970
Net assets
(liabilities)
135
The original consolidated financial statements included herein are in
the Indonesian language.
PT BANK BUKOPIN TBK.
AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS
Years Ended December 31, 2008 and 2006
With Comparative Figures For 2007
(Expressed in millions of Rupiah,
unless otherwise stated)
PT BANK BUKOPIN TBK.
DAN ANAK-ANAK PERUSAHAAN
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN
Tahun yang Berakhir pada Tanggal-tanggal
31 Desember 2008 dan 2006
Dengan Angka Perbandingan Untuk 2007
(Disajikan dalam jutaan Rupiah,
kecuali dinyatakan lain)
41. ANALISIS JATUH TEMPO AKTIVA DAN
KEWAJIBAN BERDASARKAN PERIODE YANG
TERSISA (lanjutan)
41. MATURITY PROFILE BASED ON REMAINING
PERIOD TO MATURITY (continued)
2007
Jumlah/
Total
Aktiva
Kas
Giro pada BI
Giro pada bank lain-bruto
Penempatan pada
Bank Indonesia
dan bank lain-bruto
Surat-surat berharga-bruto
Surat-surat berharga yang
dibeli dengan janji
dijual kembali-bruto
> 1 bulan/
month - 3
bulan/months
≤ 1 bulan/
months
> 1 tahun/
year
- 5 tahun/
years
> 3 bulan/
months - 1
tahun/year
Tidak
memiliki
jatuh tempo/
without
maturities
>5
tahun/years
421.803
3.687.390
421.803
3.687.390
-
-
-
-
-
74.469
74.469
-
-
-
-
-
3.794.864
3.794.864
-
-
-
-
-
6.720.772
5.966.046
-
56.970
476.915
220.841
-
33.042
33.042
-
-
-
-
-
Tagihan derivatif-bruto
Kredit yang diberikan
dan pembiayaan/
piutang syariah-bruto
1.116
1.116
-
-
-
-
-
19.147.918
467.216
1.424.452
8.661.270
6.165.368
2.429.612
-
Tagihan akseptasi-bruto
Penyertaan-bruto
Aset tetap
Aktiva pajak tangguhan
Aktiva lain-lain-bersih
77.830
36.640
321.991
18.873
501.257
1.038
53.163
21.035
-
55.757
-
-
-
36.640
321.991
18.873
448.094
34.837.965
14.500.147
1.445.487
8.773.997
6.642.283
2.650.453
825.598
Jumlah
Penyisihan kerugian dan
bunga yang belum
direalisasi
Assets
Cash
Current account with BI
Current account with
other banks-gross
Placement with
Bank Indonesia
and other bank-gross
Marketable
securities-gross
Marketable securities
purchased with agreement
to resell-gross
Derivative
receivables-gross
Loans and sharia
financing/
receivables-gross
Acceptance
receivables-gross
Investments-gross
Fixed assets
Deferred tax assets
Other assets-net
Total assets
Allowance for
losses and unearned
interest
(391.788 )
34.446.177
Kewajiban segera
Simpanan nasabah
Simpanan dari bank lain
Hutang pajak
Kewajiban derivative
Kewajiban akseptasi
Surat-surat berharga
yang diterbitkan
Pinjaman yang diterima
Estimasi kerugian
komitmen dan
kontinjensi
Kewaijban lain-lain
Kewajiban
208.481
29.291.878
860.602
58.684
699
77.830
208.481
24.361.372
524.316
58.684
699
1.038
2.758.004
26.766
21.035
2.172.502
309.520
55.757
-
-
-
575.000
895.788
-
34.867
339.000
38.630
707.067
236.000
115.224
-
28.233
479.258
80.498
-
-
-
-
28.233
398.760
Liabilities
Liabilities immediately
payables
Deposits from customers
Deposits from other banks
Taxes payable
Derivative payables
Acceptance payables
Marketable
securities issued
Borrowings
Estimated losses on
commitments and
contingencies
Other liabilities
Jumlah kewajiban
32.476.453
25.235.088
2.840.672
2.915.409
707.067
351.224
426.993
Total liabilities
Perbedaan jatuh tempo
2.361.512
(10.734.941 )
(1.395.185 )
5.858.588
5.935.216
2.299.229
398.605
Maturity gap
Aset (kewajiban)
bersih
1.969.724
Net assets
(liabilities)
136
The original consolidated financial statements included herein are in
the Indonesian language.
PT BANK BUKOPIN TBK.
AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS
Years Ended December 31, 2008 and 2006
With Comparative Figures For 2007
(Expressed in millions of Rupiah,
unless otherwise stated)
PT BANK BUKOPIN TBK.
DAN ANAK-ANAK PERUSAHAAN
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN
Tahun yang Berakhir pada Tanggal-tanggal
31 Desember 2008 dan 2006
Dengan Angka Perbandingan Untuk 2007
(Disajikan dalam jutaan Rupiah,
kecuali dinyatakan lain)
41. ANALISIS JATUH TEMPO AKTIVA DAN
KEWAJIBAN BERDASARKAN PERIODE YANG
TERSISA (lanjutan)
41. MATURITY PROFILE BASED ON REMAINING
PERIOD TO MATURITY (continued)
2006
Jumlah/
Total
Aktiva
Kas
Giro pada BI
Giro pada bank lain-bruto
Penempatan pada
Bank Indonesia
dan bank lain-bruto
Surat-surat berharga-bruto
Surat-surat berharga yang
dibeli dengan janji
dijual kembali-bruto
≤ 1 bulan/
months
> 1 bulan/
month - 3
bulan/months
> 1 tahun/
year
- 5 tahun/
years
> 3 bulan/
months - 1
tahun/year
Tidak
memiliki
jatuh tempo/
without
maturities
>5
tahun/years
275.562
2.422.298
275.562
2.422.298
-
-
-
-
-
53.672
53.672
-
-
-
-
-
3.146.769
3.013.409
-
133.360
-
-
-
10.501.017
10.161.597
4.811
4.000
165.411
165.198
-
25.957
25.957
-
-
-
-
-
Tagihan derivatif-bruto
Kredit yang diberikan
dan pembiayaan/
piutang syariah-bruto
1.944
1.944
-
-
-
-
-
14.682.987
602.538
511.112
7.346.449
4.645.601
1.677.287
-
Tagihan akseptasi-bruto
Penyertaan-bruto
Aset tetap
Aktiva Pajak tangguhan
Aktiva lain-lain
65.561
40.388
268.882
10.155
366.932
6.133
40.388
42.476
46.549
-
12.879
-
-
-
268.882
10.155
324.456
31.862.124
16.645.974
562.472
7.496.688
4.711.012
1.842.485
603.493
Jumlah Aktiva
Penyisihan kerugian dan
bunga yang belum
belum direalisasi
Assets
Cash
Current account with BI
Current account with
other banks-gross
Placement with
Bank Indonesia
and other bank-gross
Marketable
securities-gross
Marketable securities
purchased with aggrement
to resell-gross
Derivative
receivables-gross
Loans and sharia
financing/
receivables-gross
Acceptance
receivables-gross
Investments-gross
Fixed assets
Deferred tax assets
Other assets
Total assets
Allowance for
losses and unearned
interest
(305.981 )
31.556.143
Kewajiban segera
Simpanan nasabah
Simpanan dari bank lain
Hutang pajak
Surat-surat berharga
yang dijual dengan
janji dibeli kembali
Kewajiban derivatif
Kewajiban akseptasi
Surat-surat berharga
yang diterbitkan
Pinjaman yang diterima
Estimasi kerugian
komitmen dan
kontinjensi
Kewaijban lain-lain
1.589.403
24.885.036
914.290
86.173
1.589.403
19.465.917
675.503
86.173
2.228.459
10.444
-
3.190.660
228.343
-
-
-
-
494.650
260
65.561
494.650
260
6.133
46.549
12.879
-
-
-
585.000
851.991
29.340
-
1.946
349.000
579.509
236.000
241.196
-
27.109
383.871
80.908
-
-
-
-
27.109
302.963
Liabilities
Liabilities immediately
payables
Deposits from customers
Deposits from other banks
Taxes payable
Maturities securities sold
with agreements
to repurchase
Derivative payables
Acceptance payables
Marketable
securities issued
Fund borrowings
Estimated losses on
commitments and
contingencies
Other liabilities
Jumlah kewajiban
29.883.344
22.428.287
Kewajiban
Perbedaan jatuh tempo
1.978.780
Aset (kewajiban)
bersih
1.672.179
(5.782.313 )
2.285.452
3.433.828
928.509
477.196
330.072
Total liabilities
(1.722.980 )
4.062.860
3.782.503
1.365.289
273.421
Maturity gap
Net assets
(liabilities)
137
The original consolidated financial statements included herein are in
the Indonesian language.
PT BANK BUKOPIN TBK.
AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS
Years Ended December 31, 2008 and 2006
With Comparative Figures For 2007
(Expressed in millions of Rupiah,
unless otherwise stated)
PT BANK BUKOPIN TBK.
DAN ANAK-ANAK PERUSAHAAN
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN
Tahun yang Berakhir pada Tanggal-tanggal
31 Desember 2008 dan 2006
Dengan Angka Perbandingan Untuk 2007
(Disajikan dalam jutaan Rupiah,
kecuali dinyatakan lain)
41. ANALISIS JATUH TEMPO AKTIVA DAN
KEWAJIBAN BERDASARKAN PERIODE YANG
TERSISA (lanjutan)
41. MATURITY PROFILE BASED ON REMAINING
PERIOD TO MATURITY (continued)
Bank telah mengambil langkan-Iangkah untuk
mengatasi perbedaan jatuh tempo (gap) antara lain
dengan cara menggeser simpanan jangka pendek
menjadi simpanan jangka panjang dengan
rnembuat yield curve positif terhadap pricing
deposito dan disamping itu melakukan cara
persuasif kepada funding officer di jajaran
operasional yang dimiliki sampai batas optimal
(diperpendek/diperpanjang).
The Bank undertakes actions to overcome the
maturity gap, amongst others by trying to shift
short-term deposits long-term deposits with positive
yield curve against deposit pricing. It also
undertakes a persuasive approach to the funding
officers in the operational divisions that has
maximum authority limit (to shorten/extend).
42. RASIO KEWAJIBAN
MINIMUM
PENYEDIAAN
MODAL
42. CAPITAL ADEQUACY RATIO
Rasio Kewajiban Penyediaan Modal Minimum
(KPMM) adalah rasio modal terhadap Aktiva
Tertimbang Menurut Risiko (ATMR). Berdasarkan
Peraturan
Bl
No. 3/21/PBI/2001
tanggal
13 Desember 2001 jumlah modal untuk risiko kredit
terdiri dari modal inti dan modal pelengkap
dikurangi penyertaan saham.
Capital Adequacy Ratio (CAR) is the ratio of capital
to Risk Weighted Assets (RWA). Based on BI
Regulation No. 3/21/PBI/2001 dated December 13,
2001. Total capital for credit risk consists of core
capital and supplementary capital net of
investments in shares of stock.
Berdasarkan Peraturan Bl No. 5/12/PBI/2003
tanggal 17 Juli 2003, bank dengan kriteria tertentu
harus memasukkan risiko pasar dalam perhitungan
risiko pasar dalam perhitungan risiko KPMM
dengan memasukkan komponen modal pelengkap
tambahan.
Based on BI Regulation No. 5/I2/PBI/2003 dated
July 7, 2003, banks which meet certain criteria
should consider market risk in the computation of
CAR and include additional supplementary capital.
Perhitungan KPMM pada tanggal 31 Desember
2008, 2007 dan 2006 adalah sebagai berikut:
The CAR calculations as at December 31, 2008,
2007, and 2006 are as follows:
2008
Modal inti
Modal disetor
Cadangan tambahan modal
Cadangan umum dan tujuan*)
Cadangan opsi saham
Laba tahun lalu*)
Laba tahun berjalan setelah
diperhitungkan pajak (50%)*)
Tambahan modal disetor agio saham
Hak minoritas
Goodwill***)
Jumlah modal inti
(a)
2007
2006
782.633
782.479
773.756
746.265
28.206
-
577.575
11.781
(10.031)
388.445
5.892
6.776
171.836
183.252
149.205
218.410
4.803
(295.711)
217.832
1.656.442
138
Current profit after tax (50%)*)
184.694
-
1.762.888
Core capital
Issued and fully paid-up capital
Reserve for additional capital
General and appropriated reserves*)
Stock option reserve
Prior years profit*)
1.508.768
Additional paid-in capital
Minority Interest
Goodwill***)
Total core capital
The original consolidated financial statements included herein are in
the Indonesian language.
PT BANK BUKOPIN TBK.
AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS
Years Ended December 31, 2008 and 2006
With Comparative Figures For 2007
(Expressed in millions of Rupiah,
unless otherwise stated)
PT BANK BUKOPIN TBK.
DAN ANAK-ANAK PERUSAHAAN
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN
Tahun yang Berakhir pada Tanggal-tanggal
31 Desember 2008 dan 2006
Dengan Angka Perbandingan Untuk 2007
(Disajikan dalam jutaan Rupiah,
kecuali dinyatakan lain)
42. RASIO KEWAJIBAN
MINIMUM (lanjutan)
PENYEDIAAN
MODAL
2008
Modal pelengkap (maksimum
100% dari modal inti)
Cadangan umum penyisihan
penghapusan aktiva produktif
(maksimum 1,25% dari ATMR)
Obligasi subordinasi (maksimum
50% dari modal inti)**)
42. CAPITAL ADEQUACY RATIO (continued)
2007
2006
-
47.200
94.400
Supplementary capital (maximum
of 100% of core capital)
General reserve on allowance for
losses on earning assets
(maximum at 1.25% of RWA)
Subordinated bonds (maximum at
50% of core capital)**)
Jumlah modal pelengkap
(b)
226.973
235.398
226.001
Total supplementary capital
Dikurangi: Penyertaan
(c)
(951)
(56.500)
(59.901)
Jumlah modal untuk
risiko kredit
(d)=(a)+(b)+(c)
Modal pelengkap tambahan
(e)
1.882.464
-
1.941.786
-
1.674.868
-
Total capital for credit risk
Total supplementary capital
Jumlah modal untuk risiko kredit
dan risiko pasar
(f)=(d)+(e)
1.882.464
1.941.786
1.674.868
Total capital for credit and market risks
ATMR untuk risiko kredit
setelah memperhitungkan
risiko spesifik
ATMR untuk risiko pasar
226.973
188.198
131.601
Less: Investments
(g)
(h)
18.157.804
16.079
15.039.559
88.567
10.512.492
95.862
RWA for credit risk
after considering
specific risk
RWA for market risk
Jumlah ATMR untuk risiko
kredit dan pasar
(i)=(g)+(h)
18.173.883
15.128.126
10.608.354
Total RWA for credit and
market risk
KPMM dengan memperhitungkan
risiko kredit dan pasar
(d)/(g)
10.37%
12,91%
15,93%
CAR with credit risk
KPMM dengan memperhitungkan
risiko kredit dan pasar
(f)/(i)
10.36%
12,84%
15,79%
CAR with credit and
market risk
8.00%
8,00%
8,00%
Minimum CAR
KPMM minimum
*) Disajikan dengan tidak memperhitungkan dampak aktiva pajak tangguhan
sesuai dengan peraturan BI No. 3/21/PBI/2001 tanggal 13 Desember 2001.
*)
Excluding deferred tax assets according to BI Regulation No. 3/21/PBI/2001
dated 13 December 2001.
**) Disajikan setelah dikurangi amortisasi atas Obligasi Subordinasi Seri B Bank
Bukopin Tahun 2003 yang dihitung dengan menggunakan metode garis lurus
selama jangka waktu obligasi subordinasi tersebut.
**)
Excluding amortization of Subordinated Series B Bank Bukopin 2003 Bonds
which is calculated using the straight-line method during the period of those
bonds.
***) Disajikan dengan memperhitungkan Goodwill sebagai pengurang modal inti
sesuai dengan peraturan BI No. 3/21/PBI/2001 tanggal 13 Desember 2001.
***)
Goodwill as deduction of core capital according to BI Regulation No.
3/21/PBI/2001 dated 13 December 2001.
43. POSISI DEVISA NETO
43. NET OPEN POSITION
Perhitungan Posisi Devisa Neto per tanggal
31 Desember 2008, 2007, dan 2006 masing-masing
berdasarkan pada Peraturan Bank Indonesia No.
7/37/PBI/2005 tanggal 30 September 2005 dan No.
6/20/PBI/2004 tanggal 15 Juli 2004. Berdasarkan
peraturan-peraturan tersebut, bank disyaratkan
untuk menjaga posisi devisa neto neraca dan
secara keseluruhan maksimum 20% dari jumlah
modal. Rasio posisi devisa neto untuk neraca
adalah selisih bersih total aktiva dan total kewajiban
dalam setiap mata uang asing yang semuanya
dinyatakan
dalam
Rupiah.
The Net Open Position calculations as of
December 31, 2008, 2007, and 2006 are based on
Bank Indonesia’s Regulation No. 7/37/PBI/2005
dated September 30, 2005 and No. 6/20/PBI/2004
dated July 15, 2004, respectively. Based on such
regulations, banks are required to maintain overall
and balance sheet net open positions of a
maximum of 20% of the total capital. The balance
sheet net open position ratio is the net difference
between the assets and liabilities denominated in
each foreign currency which are stated in Rupiah.
The overall net open position is the sum of the
139
The original consolidated financial statements included herein are in
the Indonesian language.
PT BANK BUKOPIN TBK.
AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS
Years Ended December 31, 2008 and 2006
With Comparative Figures For 2007
(Expressed in millions of Rupiah,
unless otherwise stated)
PT BANK BUKOPIN TBK.
DAN ANAK-ANAK PERUSAHAAN
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN
Tahun yang Berakhir pada Tanggal-tanggal
31 Desember 2008 dan 2006
Dengan Angka Perbandingan Untuk 2007
(Disajikan dalam jutaan Rupiah,
kecuali dinyatakan lain)
43. POSISI DEVISA NETO (lanjutan)
43. NET OPEN POSITION (continued)
Sedangkan rasio posisi devisa neto secara
keseluruhan adalah penjumlahan nilai absolut dari
selisih bersih antara aktiva dan kewajiban dalam
mata uang asing dan selisih bersih dari tagihan dan
kewajiban komitmen dan kontinjensi, yang dicatat
dalam akun administratif yang didenominasi dalam
setiap mata uang asing, yang dinyatakan dalam
Rupiah.
absolute values of the net difference between the
assets and liabilities denominated in each foreign
currency and the net difference of the receivables
and payables of both commitments and
contingencies recorded in the administrative
accounts denominated in each foreign currency,
which are stated in Rupiah.
31 Desember 2008/
December 31, 2008
Mata uang
NERACA
Dolar Amerika Serikat
Euro
Dolar Singapura
Dolar Australia
Yen Jepang
Pound Sterling Inggris
Lain-lain
Aktiva/
Assets
Kewajiban/
Liabilities
4.105.966
8.569
65.041
15.437
73.419
317
616
3.731.861
2.788
64.564
15.521
67.847
45
-
4.269.365
3.882.626
Jumlah Modal *)
Rasio Posisi Devisa Neto
(Neraca)
Nilai bersih/
Net value
374.105
5.781
477
(84)
5.572
272
616
BALANCE SHEET
United States Dollar
Euro
Singapore Dollar
Australian Dollar
Japanese Yen
Great Britain Pound Sterling
Others
386.739
1.882.464
Total Capital *)
20,54%
Net Open Position Ratio
(On-Balance Sheet)
KESELURUHAN
NERACA DAN REKENING
ADMINISTRATIF
Dolar Amerika Serikat
Euro
Dolar Singapura
Dolar Australia
Yen Jepang
Pound Sterling Inggris
Lain-lain
Currency
OVERALL
BALANCE SHEET AND
OFF-BALANCE SHEET
4.233.543
8.569
65.041
15.437
73.419
317
616
4.222.656
7.395
64.564
15.521
72.070
45
-
10.887
1.174
477
84
1.349
272
616
4.396.942
4.382.251
14.859
Jumlah Modal *)
Rasio Posisi Devisa Neto
(Keseluruhan)
140
United States Dollar
Euro
Singapore Dollar
Australian Dollar
Japanese Yen
Great Britain Pound Sterling
Others
1.882.464
Total Capital *)
0,79%
Net Open Position Ratio
(Overall)
The original consolidated financial statements included herein are in
the Indonesian language.
PT BANK BUKOPIN TBK.
AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS
Years Ended December 31, 2008 and 2006
With Comparative Figures For 2007
(Expressed in millions of Rupiah,
unless otherwise stated)
PT BANK BUKOPIN TBK.
DAN ANAK-ANAK PERUSAHAAN
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN
Tahun yang Berakhir pada Tanggal-tanggal
31 Desember 2008 dan 2006
Dengan Angka Perbandingan Untuk 2007
(Disajikan dalam jutaan Rupiah,
kecuali dinyatakan lain)
43. POSISI DEVISA NETO (lanjutan)
43. NET OPEN POSITION (continued)
31 Desember 2007/
December 31, 2007
Mata uang
Aktiva/
Assets
Kewajiban/
Liabilities
Nilai bersih/
Net value
NERACA
Dolar Amerika Serikat
Euro
Dolar Singapura
Dolar Australia
Yen Jepang
Pound Sterling Inggris
Lain-lain
BALANCE SHEET
5.062.912
3.557
37.897
863
9.378
1.939
833
5.075.050
1.886
38.162
8.458
-
(12.138)
1.671
(265)
863
920
1.939
833
5.117.379
5.123.556
(6.177)
Jumlah Modal *)
Rasio Posisi Devisa Neto
(Neraca)
United States Dollar
Euro
Singapore Dollar
Australian Dollar
Japanese Yen
Great Britain Pound Sterling
Others
1.941.786
Total Capital *)
0,32%
Net Open Position Ratio
(On-Balance Sheet)
KESELURUHAN
NERACA DAN REKENING
ADMINISTRATIF
Dolar Amerika Serikat
Euro
Dolar Singapura
Dolar Australia
Yen Jepang
Pound Sterling Inggris
Lain-lain
Currency
OVERALL
BALANCE SHEET AND
OFF-BALANCE SHEET
5.457.724
3.557
38.550
1.111
9.378
1.939
833
5.456.361
3.268
38.162
827
8.458
-
1.363
289
388
284
920
1.939
833
5.513.092
5.507.076
6.016
Jumlah Modal *)
Rasio Posisi Devisa Neto
(Keseluruhan)
141
United States Dollar
Euro
Singapore Dollar
Australian Dollar
Japanese Yen
Great Britain Pound Sterling
Others
1.941.786
Total Capital *)
0,31%
Net Open Position Ratio
(Overall)
The original consolidated financial statements included herein are in
the Indonesian language.
PT BANK BUKOPIN TBK.
AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS
Years Ended December 31, 2008 and 2006
With Comparative Figures For 2007
(Expressed in millions of Rupiah,
unless otherwise stated)
PT BANK BUKOPIN TBK.
DAN ANAK-ANAK PERUSAHAAN
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN
Tahun yang Berakhir pada Tanggal-tanggal
31 Desember 2008 dan 2006
Dengan Angka Perbandingan Untuk 2007
(Disajikan dalam jutaan Rupiah,
kecuali dinyatakan lain)
43. POSISI DEVISA NETO (lanjutan)
43. NET OPEN POSITION (continued)
31 Desember 2006/
December 31, 2006
Mata uang
Aktiva/
Assets
Kewajiban/
Liabilities
Nilai bersih/
Net value
NERACA
Dolar Amerika Serikat
Euro
Dolar Singapura
Dolar Australia
Yen Jepang
Pound Sterling Inggris
Lain-lain
BALANCE SHEET
3.045.935
8.680
32.573
501
107.598
460
131
2.873.169
8.921
33.746
-
3.195.878
2.915.836
Jumlah Modal *)
172.766
(241)
(1.173)
501
107.598
460
131
United States Dollar
Euro
Singapore Dollar
Australian Dollar
Japanese Yen
Great Britain Pound Sterling
Others
280.042
1.674.868
Total Capital *)
16.72%
Net Open Position Ratio
(On-Balance Sheet)
Rasio Posisi Devisa Neto
(Neraca)
KESELURUHAN
NERACA DAN REKENING
ADMINISTRATIF
Dolar Amerika Serikat
Euro
Dolar Singapura
Dolar Australia
Yen Jepang
Pound Sterling Inggris
Lain-lain
Currency
OVERALL
BALANCE SHEET AND
OFF-BALANCE SHEET
3.154.490
8.680
32.573
501
107.598
460
131
3.146.861
8.921
33.746
107.394
-
3.304.433
3.296.922
Jumlah Modal *)
7.629
241
1.173
501
204
460
131
United States Dollar
Euro
Singapore Dollar
Australian Dollar
Japanese Yen
Great Britain Pound Sterling
Others
10.339
1.674.868
Total Capital *)
0,62%
Net Open Position Ratio
(Overall)
Rasio Posisi Devisa Neto
(Keseluruhan)
*)
Modal dihitung berdasarkan Kewajiban Penyediaan Modal
Minimum Bank sesuai dengan Lampiran 5a Surat Edaran Bank
Indonesia No. 7/10/DPNP tanggal 31 Maret 2005 tentang “Laporan
Tahunan, Laporan Keuangan Publikasi Triwulan dan Bulanan dan
Laporan Tertentu dari Bank yang disampaikan kepada Bank
Indonesia”.
*)
Capital is calculated based on the Circular Letter from Bank
Indonesia No. 7/10/DPNP (Appendix 5a) dated March 31, 2005,
regarding “Yearly, Quarterly and Monthly Published Financial
Statements for Public Banks and Certain Reports Submitted to
Bank Indonesia”.
**)
Merupakan penjumlahan absolut dari selisih antara aktiva dan
kewajiban beberapa mata uang asing lainnya.
**)
Sum of the absolute values of difference between assets and
liabilities in some other foreign currencies.
142
The original consolidated financial statements included herein are in
the Indonesian language.
PT BANK BUKOPIN TBK.
AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS
Years Ended December 31, 2008 and 2006
With Comparative Figures For 2007
(Expressed in millions of Rupiah,
unless otherwise stated)
PT BANK BUKOPIN TBK.
DAN ANAK-ANAK PERUSAHAAN
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN
Tahun yang Berakhir pada Tanggal-tanggal
31 Desember 2008 dan 2006
Dengan Angka Perbandingan Untuk 2007
(Disajikan dalam jutaan Rupiah,
kecuali dinyatakan lain)
44. PERJANJIAN-PERJANJIAN SIGNIFIKAN
44. SIGNIFICANT AGREEMENTS
Bank menandatangani beberapa perjanjian penting
seperti yang tersebut dibawah ini:
The Bank entered
agreements as follows:
a.
Perjanjian kerjasama dalam rangka Pendanaan
Kredit Pengembangan Energi Nabati dan
Revitalisasi Perkebunan (KPEN-RP) dengan
Pemerintah Republik Indonesia pada tanggal
20 Desember 2006. Melalui perjanjian ini, Bank
ditunjuk sebagai bank pelaksana penyaluran
kredit KPEN-RP kepada petani peserta baik
secara langsung maupun melalui mitra usaha.
Dana yang disediakan Pemerintah Republik
Indonesia
adalah
minimum
sebesar
Rp1.000.000.000.000 (nilai penuh). Perjanjian
tersebut akan berakhir pada tahun 2014.
a
Agreement dated December 20, 2006 with the
Government of the Republic of Indonesia in
connection with “Funding of Loan on
Development
of
Plants
Energy
and
Revitalization of Plantations” (KPEN-RP).
Through this agreement the Bank was
appointed as executing bank to distribute
KPEN-RP loans to farmers directly or through
business counterpart. Minimum funding from
the Government of the Republic of Indonesia is
Rp1,000,000,000,000 (full amount). This
ageement will be expired in 2014.
b.
Perjanjian Pelaksanaan “Skim Pelayanan
Pembiayaan Pertanian (SP-3)” untuk Kredit
Usaha Mikro dan Kecil di sektor pertanian
dengan Departemen Pertanian Republik
Indonesia pada tanggal 23 Agustus 2006.
Perjanjian ini bertujuan untuk memberikan
kemudahan akses bagi petani atau kelompok
tani serta gabungan kelompok tani yang
berusaha
dibidang
pertanian
dan
membutuhkan skema kredit SP-3. Penempatan
dana SP-3 di Bank berasal dari APBN
Departemen
Pertanian
sebesar
Rp40.000.000.000 (nilai penuh). Berdasarkan
surat
keputusan
Menteri
Pertanian
No. 652/KPTS/KU.430/5/2008 tanggal 26 Mei
2008, Bank diharuskan untuk mengalihkan
dana sebesar Rp15.000.000.000 (nilai penuh)
kepada PT Bank Pembangunan Daerah Nusa
Tenggara Barat. Perjanjian SP-3 telah berakhir
pada tanggal 31 Desember 2008 dan tidak
diperpanjang.
b.
Agreement dated August 23, 2006 with the
Department of Agriculture of the Republic of
lndonesia
in
connection
with
the
implementation
of
“Skim
Pelayanan
Pembiayaan Pertanian (SP-3)” for distribution
to micro and small businesses in the
agricultural sector. This agreement aims to
provide convenience access for farmer or
group of farmers or alliance of groups of
farmers in the agricultural sector and require
loans with SP-3 scheme. Placement of SP-3
fund in the Bank received from APBN of
the Department of Agriculture amounted to
Rp40,000,000,000 (full amount). Based on
decision letter of Minister of Agriculture
No. 652/KPTS/KU.430/5/2008 dated May 26,
2008, the Bank has to transfer the SP-3 fund to
PT Bank Pembangunan Daerah Nusa
Tenggara
Barat
amounting
to
Rp15,000,000,000
(full
amount).
This
agreement has expired on December 31, 2008
and it was not being extended.
c.
Perjanjian Pemanfaatan dan Pemberian Jasa
Perbankan pada tanggal 31 Mei 2006 dengan
PT Jaminan Sosial Tenaga Kerja (Jamsostek).
Dalam perjanjian ini Bank melaksanakan
penerimaan iuran, penerimaan lain-lain, dan
pembayaran
jaminan
peserta
Program
Jamsostek serta pembayaran biaya usaha dan
belanja modal Jamsostek di seluruh kantor
cabang dan kantor wilayah Jamsostek
Perjanjian tersebut telah berakhir pada tanggal
30 April 2007.
c.
Agreement dated May 31, 2006 with
PT Jaminan Sosial Tenaga Kerja (Jamsostek)
regarding the utilization and provision of
banking services. In this agreement the Bank
provides services for receiving of contribution,
other collection, and payment of benefits to
participants of Jamsostek programs, and also
payment of cost of operational and capital
expenditure of Jamsostek in all branches and
regional offices of Jamsostek. This agreement
expired on April 30, 2007.
143
into
certain
significant
The original consolidated financial statements included herein are in
the Indonesian language.
PT BANK BUKOPIN TBK.
AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS
Years Ended December 31, 2008 and 2006
With Comparative Figures For 2007
(Expressed in millions of Rupiah,
unless otherwise stated)
PT BANK BUKOPIN TBK.
DAN ANAK-ANAK PERUSAHAAN
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN
Tahun yang Berakhir pada Tanggal-tanggal
31 Desember 2008 dan 2006
Dengan Angka Perbandingan Untuk 2007
(Disajikan dalam jutaan Rupiah,
kecuali dinyatakan lain)
44. PERJANJIAN-PERJANJIAN
(lanjutan)
SIGNIFIKAN
44. SIGNIFICANT AGREEMENTS (continued)
Perjanjian tersebut telah diperpanjang dengan
perjanjian pada tanggal 16 Agustus 2007.
Perjanjian tersebut berlaku efektif pada tanggal
1 Mei 2007 dan berakhir pada tanggal 30 April
2008.
This agreement has been extended with the
agreement on August 16, 2007 and effective
on May 1, 2007 and expired on April 30, 2008.
d.
Perjanjian
kerjasama
dalam
rangka
penjaminan penerbitan Bank Garansi dengan
PT Asuransi Kredit Indonesia pada tanggal
10 Agustus 2007. Melalui perjanjian ini Bank
menunjuk PT Asuransi Kredit lndonesia untuk
menjamin sepenuhnya Bank Garansi yang
diterbitkan oleh Bank dan yang telah disetujui
oleh
PT
Asuransi
Kredit
Indonesia.
PT Asuransi Kredit Indonesia berhak menerima
pembayaran sebesar 65% atas pendapatan
penjaminan yang diperoleh Bank atas setiap
transaksi penerbitan Bank Garansi Perjanjian
tersebut akan berakhir pada tanggal 10
Agustus 2012.
d.
Agreement dated August 10, 2007 with
PT Asuransi Kredit Indonesia in connection
with “Secured the issuing of Bank Guarantee”.
Through this agreement the Bank appointed
PT Asuransi Kredit Indonesia to guarantee all
Bank Guarantee issued by the Bank which
already approved by PT Asuransi Kredit
Indonesia. PT Asuransi Kredit Indonesia
entitles to receive a fee payment about 65%
over the revenue from issuing Bank
Guarantee. This agreement will be expired on
August 10, 2012.
e.
Perjanjian kerjasama dalam rangka Pinjaman
Uang Muka Kredit Pemilikan Rumah Satuan
Rumah Susun (PUM-SARUSUN) pada tanggal
29 Januari 2008. Melalui kerjasama ini Bank
akan menyediakan fasilitas PUM-SARUSUN
bagi Pegawai Negeri Sipil yang digunakan
untuk membantu uang muka pembelian rumah,
baik yang menggunakan fasilitas KPR
bersubsidi maupun KPR Non Subsidi, dengan
plafond setinggi-tingginya Rp20.000.000 (nilai
penuh) dan dapat berkurang sesuai permintaan
Pegawai Negeri Sipil. Pemberian PUMSARUSUN Kredit Pemilikan Rumah (KPR)
untuk Pegawai Negeri Sipil sesuai dengan
peraturan Menteri Negara Perumahan Rakyat
selaku
Ketua
Harian
Bapertarum-PNS
No.69/PERMEN/2007
tentang
Pemberian
pinjaman/pembiayaan Uang Muka Kredit
Pemilikan Rumah (KPR) satuan Rumah Susun
(PUM-SARUSUN) bagi Pegawai Negeri Sipil.
Jangka waktu perjanjian disesuaikan dengan
jangka waktu KPR-SARUSUN.
e.
Agreement dated on January 29, 2008 in
connection with borrowing of Down Payment
Housing Loan (PUM-SARUSUN). Through this
agreement, the Bank will provide down
payment loan for government officers that will
be used to purchase house, either using
subsidized housing loan or non-subsidized
housing loan, with maximum plafond is
Rp20,000,000 (full amount) and can be
reduced based on the officers request. Down
Payment Housing Loan for government officers
is agreed with the regulation of Minister of
People’s Housing
as Ketua Harian
Bapertarum-PNS
No.69/PERMEN/2007
regarding Down Payment Housing Loan for
government officers. Term of this agreement is
adapted with the KPR-SARUSUN term.
f.
Perjanjian kerjasama atas reksadana yang
dikelola oleh PT Manulife Aset Manajemen
Indonesia pada tanggal 8 April 2008. Melalui
kerjasama ini Bank ditunjuk sebagai agen
distribusi reksadana yang dikelola oleh
PT Manulife Aset Manajemen Indonesia.
Perjanjian tersebut akan berakhir pada 8 April
2009.
f.
Agreement dated on April 8, 2008 in
connection with mutual fund managed by
PT Manulife Aset Manajemen Indonesia.
Based on this agreement, the Bank was
appointed by PT Manulife Aset Manajemen
Indonesia as mutual fund distribution agent.
The agreement will be ended on April 8, 2009.
144
The original consolidated financial statements included herein are in
the Indonesian language.
PT BANK BUKOPIN TBK.
AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS
Years Ended December 31, 2008 and 2006
With Comparative Figures For 2007
(Expressed in millions of Rupiah,
unless otherwise stated)
PT BANK BUKOPIN TBK.
DAN ANAK-ANAK PERUSAHAAN
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN
Tahun yang Berakhir pada Tanggal-tanggal
31 Desember 2008 dan 2006
Dengan Angka Perbandingan Untuk 2007
(Disajikan dalam jutaan Rupiah,
kecuali dinyatakan lain)
44. PERJANJIAN-PERJANJIAN
(lanjutan)
g.
SIGNIFIKAN
44. SIGNIFICANT AGREEMENTS (continued)
Perjanjian
kerjasama
dalam
rangka
penjaminan kredit/pembiayaan kepada usaha
mikro, kecil, menengah, dan koperasi tanggal
14 Mei 2008, antara Departemen Keuangan
Republik Indonesia, Departemen Pertanian
Republik Indonesia, Departemen Kelautan dan
Perikanan Republik Indonesia, Departemen
Perindustrian Republik Indonesia, Departemen
Kehutanan
Republik
Indonesia,
dan
Kementrian Negara Koperasi, Usaha Kecil dan
Menengah
Republik
Indonesia
sebagai
pelaksana teknis program bersama Perum
Sarana Pengembangan Usaha dan PT
Asuransi Kredit Indonesia (Askrindo) sebagai
perusahaan penjamin. Melalui kerjasama ini,
Bank ditunjuk sebagai salah satu Bank
Pemberi Kredit untuk menyalurkan kredit
kepada usaha mikro, kecil, menengah, dan
koperasi (UMKMK) yang dijamin oleh
perusahaan
penjamin
dan
merupakan
kredit/pembiayaan dari perbankan berdasarkan
hasil bank checking pada saat permohonan
diajukan.
Bank
dapat
memberikan
kredit/pembiayaan
KUR
dengan jumlah
setinggi-tingginya Rp5.000.000 (nilai penuh)
kepada setiap UMKMK baik secara langsung
maupun tidak langsung dengan suku
bunga/bagi
hasil
efektif
maksimal
sebesar/setara 24% per tahun. Perjanjian
tersebut
akan
berakhir
berdasarkan
kesepakatan bersama.
g.
45. PERISTIWA SETELAH TANGGAL NERACA
Agreement dated on May 14, 2008 between
Department of Finance of the Republic of
Indonesia, Department of Agriculture of the
Republic of Indonesia, Department of Fisheries
and Marines of the Republic of Indonesia,
Department of Industry of the Republic of
Indonesia, Department of Forestry of the
Republic of Indonesia, Cooperatives, Small
and Medium Enterprises Ministry of the
Republic of Indonesia as technical officer
together with Perum Sarana Pengembangan
Usaha and PT Asuransi Kredit Indonesia
(Askrindo) as a guarantee company. The Bank
was appointed as one of Bank Pemberi Kredit
to disburse loan to micro, small, and medium
enterprises and cooperatives (UMKMK) that
guaranteed by guarantee company. The loan is
a loan from banking based on bank checking
on loan application. The Bank may disburse
loan at maximum of Rp5,000,000 (full amount)
to each UMKMK directly or indirectly with
maximum effective interest rate is 24% per
annum. The agreement will be ended based on
agreement reached.
45. SUBSEQUENT EVENTS
Pada
tanggal
22 Januari 2009,
Bank
menyelenggarakan Rapat Umum Pemegang
Saham Luar Biasa (RUPSLB), dengan agenda:
1. Persetujuan perubahan susunan Dewan
Komisaris.
2. Laporan sehubungan dengan rencana PT
Bank Bukopin Tbk. untuk melepaskan Unit
Syariah Perseroan kepada PT Bank Syariah
Bukopin.
On January 22, 2009, Bank arranged the
Extraordinary General Meeting of Shareholders
(RUPSLB) related to:
1. Approval the changes of the Boards of
Commissioner.
2. Report related to plan Sharia Unit Bukopin
into PT Bank Sharia Bukopin.
145
The original consolidated financial statements included herein are in
the Indonesian language.
PT BANK BUKOPIN TBK.
AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS
Years Ended December 31, 2008 and 2006
With Comparative Figures For 2007
(Expressed in millions of Rupiah,
unless otherwise stated)
PT BANK BUKOPIN TBK.
DAN ANAK-ANAK PERUSAHAAN
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN
Tahun yang Berakhir pada Tanggal-tanggal
31 Desember 2008 dan 2006
Dengan Angka Perbandingan Untuk 2007
(Disajikan dalam jutaan Rupiah,
kecuali dinyatakan lain)
45. PERISTIWA
(lanjutan)
SETELAH
TANGGAL
NERACA
45. SUBSEQUENT EVENTS (continued)
Berdasarkan Rapat Umum Pemegang Saham
Luar Biasa yang dinyatakan dengan akta notaris
No.7 dari notaris Lindasari Bachroem, S.H.,
tanggal 22 Januari 2009 ditetapkan perubahan
susunan Dewan Komisaris menjadi sebagai
berikut:
Presiden Komisaris
Komisaris
Komisaris
Komisaris lndependen
Komisaris Independen
Komisaris lndependen
*
Based on the result of the Extraordinary General
Meeting of Shareholders (RUPSLB) which were
covered by notarial deed No. 7 of Lindasari
Bachroem, S.H., dated January 22, 2009, the
Boards of Commissioner has been changed as
follows:
Saean Achmady
Andi Chaerudin Muhamad
Boediarso Teguh Widodo
Syamsul Effendi
Yoyok Sunaryo
Loso Judijanto*
*
Efektif setelah mendapatkan persetujuan dari Bank
Indonesia, sebelum efektif Komisaris Independen
dijabat oleh Sutrisno Iwantono
President Commissioner
Commissioner
Commissioner
Independent Commissioner
Independent Commissioner
Independent Commissioner
Effective after approval from Bank Indonesia, before
being effective, is acted as one of Independent
Commissioner is Sutrisno Iwantono
46. JAMINAN
PEMERINTAH
TERHADAP
KEWAJIBAN PEMBAYARAN BANK UMUM
46. GOVERNMENT
GUARANTEE
FOR
THE
PAYMENT OF OBLIGATIONS OF COMMERCIAL
BANKS
Sejak tahun 1998, Pemerintah menjamin kewajiban
bank umum meliputi giro, tabungan, deposito
berjangka dan deposito on call, obligasi, surat
berharga, pinjaman antar bank, pinjaman yang
diterima, letters of credit, akseptasi, swap mata
uang dan kewajiban kontinjensi lainnya seperti bank
garansi, standby letters of credit, performance
bonds dan kewajiban sejenis selain yang
dikecualikan dalam keputusan ini seperti pinjaman
subordinasi dan kewajiban kepada direktur,
komisaris dan pihak terkait dengan Bank.
Since 1998, the Government guarantees the
obligations of private banks including demand
deposits, saving deposits, time deposits, deposits
on call, bonds, marketable securities, interbank
borrowings, fund borrowings, letters of credit,
acceptances, currency swap and other contingent
liabilities such as bank guarantees, standby letters
of credit, performance bonds and other kinds of
liabilities other than those excluded in this
regulation such as subordinated loans, liabilities to
directors, commissioners and related parties of the
Bank.
Berdasarkan Surat Unit Pelaksana Penjaminan
Pemerintah (UP3) No. S235/UP3/III/2005 pada
tanggal 17 Maret 2005 yang menyatakan bahwa
sejak tanggal 18 April 2005, kewajiban pembayaran
bank yang dijamin hanya meliputi simpanan dan
pinjaman yang diterima dari bank lain dalam bentuk
transaksi pasar uang antar bank. Selanjutnya
program penjaminan pemerintah tersebut akan
berakhir pada tanggal 22 September 2005.
Ketentuan mengenai pengurangan dan pengakhiran
program penjaminan ini merupakan penegasan dari
ketentuan dalam Keputusan Presiden No. 95 Tahun
2004.
In accordance with Letter No. S235/UP3/III/2005 of
the Government Guarantee Unit (UP3) dated March
17, 2005, starting April 18, 2005, the liabilities
covered under the guarantee program only includes
deposits and borrowings from other banks in the
form of money market transactions. Such
government guarantee program will end on
September 22, 2005. The regulations with respect
to the reduction and termination of the government
guarantee program is based on Presidential Decree
No. 95 Year 2004.
146
The original consolidated financial statements included herein are in
the Indonesian language.
PT BANK BUKOPIN TBK.
AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS
Years Ended December 31, 2008 and 2006
With Comparative Figures For 2007
(Expressed in millions of Rupiah,
unless otherwise stated)
PT BANK BUKOPIN TBK.
DAN ANAK-ANAK PERUSAHAAN
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN
Tahun yang Berakhir pada Tanggal-tanggal
31 Desember 2008 dan 2006
Dengan Angka Perbandingan Untuk 2007
(Disajikan dalam jutaan Rupiah,
kecuali dinyatakan lain)
46. JAMINAN
KEWAJIBAN
(lanjutan)
PEMERINTAH
PEMBAYARAN
TERHADAP
BANK UMUM
46. GOVERNMENT
GUARANTEE
FOR
THE
PAYMENT OF OBLIGATIONS OF COMMERCIAL
BANKS (continued)
Berdasarkan Salinan Peraturan Lembaga Penjamin
Simpanan No. 1/PLPS/2005 pada tanggal
26 September 2005 tentang Program Penjaminan
Simpanan yang menyatakan bahwa sejak tanggal
22 September 2005, Lembaga Penjamin Simpanan
(LPS) menjamin simpanan yang meliputi giro,
deposito, sertifikat deposito, tabungan, dan atau
bentuk lain yang dipersamakan dengan itu yang
merupakan simpanan yang berasal dari masyarakat
termasuk yang berasal dari bank lain. Saldo yang
dijamin untuk setiap nasabah pada satu bank
adalah:
Based on the Indonesia Deposit Insurance
Corporation (IDIC) Regulation No. 1/PLPS/2005
dated September 26, 2005 regarding Deposit
Guarantee Program, since September 22, 2005, the
IDIC will guarantee bank deposits including
demand deposits, time deposits, certificate of
deposits, savings deposit, and other forms of
deposits, including deposits from other banks.
Guaranteed bank balances of each customer are
as follows:
a.
maksimal sebesar Rp1.000, sejak tanggal
22 September 2006 sampai dengan 21 Maret
2007;
a.
maximum of Rp1,000, from September 22,
2006 until March 21, 2007;
b.
maksimal sebesar Rp100, sejak tanggal
22 Maret 2007 sampai dengan 12 Oktober
2008;
b.
maximum of Rp100, from March 22, 2007 until
October 12, 2008;
Berdasarkan Peraturan Pemerintah RI No.65 tahun
2008 tentang Besaran Nilai Simpanan yang dijamin
LPS, nilai simpanan yang dijamin untuk setiap
nasabah pada satu Bank maksimal sebesar
Rp2.000, sejak tanggal 13 Oktober 2008.
Based on the Government Regulations of RI No. 65
Year 2008 regarding Deposit Guarantee Program,
the IDIC will guarantee customers’ deposit in one
Bank maximum of Rp2,000, from October 13,
2008.
47. LABA PER SAHAM
47. EARNINGS PER SHARE
Berikut adalah perhitungan laba bersih per saham
dasar dan dilusian:
Rata-rata
tertimbang
jumlah saham
dasar/
Weighted
average
number of
ordinary
shares
outstanding
Laba bersih/
Net income
31 Desember 2008
Laba per saham dasar
Ditambah: Asumsi penerbitan saham
dari Program Opsi Kepemilikan
saham I
Laba per saham dilusian
The following presents the computations of basic
and diluted eamings per share (EPS):
368.780
Laba bersih
per saham
(nilai penuh/
Earnings per
share amount
(full amount)
5.712.950.445
64,55
December 31, 2008
Basic earnings per share
-
-
-
Add: Assumed shares issued from
the exercise of Management Stock
Ownership Program I
368.780
5.712.950.445
64,55
Diluted earnings per share
147
The original consolidated financial statements included herein are in
the Indonesian language.
PT BANK BUKOPIN TBK.
AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS
Years Ended December 31, 2008 and 2006
With Comparative Figures For 2007
(Expressed in millions of Rupiah,
unless otherwise stated)
PT BANK BUKOPIN TBK.
DAN ANAK-ANAK PERUSAHAAN
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN
Tahun yang Berakhir pada Tanggal-tanggal
31 Desember 2008 dan 2006
Dengan Angka Perbandingan Untuk 2007
(Disajikan dalam jutaan Rupiah,
kecuali dinyatakan lain)
47. LABA PER SAHAM (lanjutan)
47. EARNINGS PER SHARE (continued)
Rata-rata
tertimbang
jumlah saham
dasar/
Weighted
average
number of
ordinary
shares
outstanding
Laba bersih/
Net income
31 Desember 2007
Laba per saham dasar
375.126
Ditambah: Asumsi penerbitan saham
dari Program Opsi Kepemilikan
saham I
Laba per saham dilusian
December 31, 2007
Basic earnings per share
41.622.347
-
375.126
5.690.386.721
65,92
Diluted earnings per share
Rata-rata
tertimbang
jumlah saham
dasar/
Weighted
average
number of
ordinary
shares
outstanding
315.216
Laba bersih
per saham
(nilai penuh/
Earnings per
share amount
(full amount)
5.183.571.444
60,81
December 31, 2006
Basic earnings per share
-
30.882.902
-
Add: Assumed shares issued from
the exericse of Management Stock
Ownership Program I
315.216
5.214.454.346
60,45
Diluted earnings per share
48. INFORMASI TAMBAHAN
48. ADDITIONAL INFORMATION
Pada tanggaI-tanggal 31 Desember 2008, 2007,
dan 2006 informasi tambahan Bank adalah sebagai
berikut (Bank saja):
2008
Rasio aktiva produktif bermasalah
terhadap jumlah aktiva produktif
Rasio kredit terhadap simpanan
Rasio jumlah beban operasional
terhadap jumlah pendapatan
operational
Rasio aktiva produktif yang
diklasifikasikan terhadap jumlah
aktiva produktif
66,41
-
Ditambah: Asumsi penerbitan saham
dari Program Opsi Kepemilikan
saham I
Laba per saham dilusian
5.648.764.374
Add: Assumed shares issued from
the exericse of Management Stock
Ownership Program I
Laba bersih/
Net income
31 Desember 2006
Laba per saham dasar
Laba bersih
per saham
(nilai penuh/
Earnings per
share amount
(full amount)
As at December 31, 2008, 2007, and 2006
additional information regarding the Bank is as
follows (Bank only):
2007
2006
2,12%
Non-performing assets to total earning
1,89%
Loans to deposits ratio
3,80%
83,60%
65,26%
58,86%
84,45%
84,84%
87,17%
Total operating expenses
to total operating income ratio
3,66%
2,31%
2,29%
Total classified earning assets to
total earning assets ratio
148
The original consolidated financial statements included herein are in
the Indonesian language.
PT BANK BUKOPIN TBK.
AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS
Years Ended December 31, 2008 and 2006
With Comparative Figures For 2007
(Expressed in millions of Rupiah,
unless otherwise stated)
PT BANK BUKOPIN TBK.
DAN ANAK-ANAK PERUSAHAAN
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN
Tahun yang Berakhir pada Tanggal-tanggal
31 Desember 2008 dan 2006
Dengan Angka Perbandingan Untuk 2007
(Disajikan dalam jutaan Rupiah,
kecuali dinyatakan lain)
49. REVISI PERNYATAAN STANDAR AKUNTANSI
KEUANGAN
49. REVISED STATEMENTS OF FINANCIAL
ACCOUNTING STANDARDS
Ikatan Akuntan Indonesia telah menerbitkan
beberapa standar akuntansi revisi sebagai berikut:
The Indonesian Institute of Accountants has issued
the following revised accounting standards:
-
PSAK No. 50 (Revisi 2006), “Instrumen
Keuangan: Penyajian dan Pengungkapan”,
berisi persyaratan penyajian dari instrumen
keuangan dan pengidentifikasian informasi
yang
harus
diungkapkan.
Persyaratan
penyajian
tersebut
diterapkan
terhadap
klasifikasi instrumen keuangan, dari perspektif
penerbit, dalam aset keuangan, kewajiban
keuangan
dan
instrumen
ekuitas;
pengklasifikasian yang terkait dengan suku
bunga, dividen, kerugian dan keuntungan, dan
keadaan dimana aset keuangan dan kewajiban
keuangan akan saling hapus. Pernyataan ini
mensyaratkan pengungkapan, antara lain,
informasi mengenai faktor yang mempengaruhi
jumlah, waktu dan tingkat kepastian arus kas
masa yang akan datang yang terkait dengan
instrumen keuangan dan kebijakan akuntansi
yang diterapkan untuk instrumen
tersebut.
PSAK No. 50 (Revisi 2006) ini menggantikan
PSAK No. 50, ”Akuntansi Investasi Efek
Tertentu” dan diterapkan secara prospektif
untuk periode yang dimulai pada atau setelah
tanggal 1 Januari 2009 (yang selanjutnya
direvisi menjadi pada atau setelah tanggal 1
Januari
2010).
Penerapan
lebih
dini
diperkenankan dan harus diungkapkan.
-
PSAK No. 50 (Revised 2006), “Financial
Instruments: Presentation and Disclosures”
contains the requirements for the presentation
of financial instruments and identifies the
information that should be disclosed. The
presentation requirements apply to the
classification of financial instruments, from the
perspective of the issuer, into financial assets,
financial liabilities and equity instruments; the
classification of related interests, dividends,
losses and gains, and the circumstances in
which financial assets and financial liabilities
should be offset. This standard requires the
disclosure, among others, of information about
factors that affect the amount, timing and
certainty of an entity’s future cash flows
relating to financial instruments and the
accounting
policies
applied
to
those
instruments. PSAK No. 50 (Revised 2006)
supersedes PSAK No. 50, “Accounting for
Certain Investments in Securities” and is to be
applied prospectively for the periods beginning
on or after January 1, 2009 (which was
subsequently revised to become on or after
January 1, 2010). Earlier application is
permitted and should be disclosed.
-
PSAK No. 55 (Revisi 2006), “Instrumen
Keuangan: Pengakuan dan Pengukuran”,
mengatur prinsip-prinsip dasar pengakuan dan
pengukuran
aset
keuangan,
kewajiban
keuangan, dan kontrak pembelian dan
penjualan item non-keuangan. Pernyataan ini,
antara
lain,
memberikan
definisi
dan
karakteristik terhadap derivatif, kategori dari
instrumen
keuangan,
pengakuan
dan
pengukuran, akuntansi lindung nilai dan
penetapan dari hubungan lindung nilai. PSAK
No. 55 (Revisi 2006) ini menggantikan PSAK
No. 55, “Akuntansi Instrumen Derivatif dan
Aktivitas Lindung Nilai”, dan diterapkan secara
prospektif untuk laporan keuangan yang
mencakup periode yang dimulai pada atau
setelah 1 Januari 2009 (yang selanjutnya
direvisi menjadi pada atau setelah tanggal
1 Januari 2010). Penerapan lebih dini
diperkenankan dan harus diungkapkan.
-
PSAK No. 55 (Revised 2006), “Financial
Instruments: Recognition and Measurement”
establishes the principles for recognising and
measuring financial assets, financial liabilities,
and some contracts to buy or sell non-financial
items.
This standard provides for the
definitions and characteristics of a derivative,
the
categories of financial instruments,
recognition
and
measurement,
hedge
accounting and determination of hedging
relationships, among others. PSAK No. 55
(Revised 2006) supersedes PSAK No. 55,
“Accounting for Derivative Instruments and
Hedging Activities”, and is to be applied
prospectively for financial statements covering
the periods beginning on or after January 1,
2009 (which was subsequently revised to
become on or after January 1, 2010). Earlier
application is permitted and should be
disclosed.
Bank belum dapat menentukan dampak dari
penerapan standar revisi terhadap laporan
keuangan konsolidasian.
The Bank has not been able to determine the
impact of these revised standards on the
consolidated financial statements.
149
The original consolidated financial statements included herein are in
the Indonesian language.
PT BANK BUKOPIN TBK.
AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS
Years Ended December 31, 2008 and 2006
With Comparative Figures For 2007
(Expressed in millions of Rupiah,
unless otherwise stated)
PT BANK BUKOPIN TBK.
DAN ANAK-ANAK PERUSAHAAN
CATATAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN
Tahun yang Berakhir pada Tanggal-tanggal
31 Desember 2008 dan 2006
Dengan Angka Perbandingan Untuk 2007
(Disajikan dalam jutaan Rupiah,
kecuali dinyatakan lain)
50. REKLASIFIKASI AKUN
50. ACCOUNT RECLASSIFICATION
Beberapa akun dalam laporan keuangan untuk
tahun
yang
berakhir
pada
tanggal
31 Desember 2007 dan 2006 telah direklasifikasi
agar sesuai dengan penyajian laporan keuangan
per 31 Desember 2008, sebagai berikut:
Certain accounts in the financial statements for the
year ended December 31, 2007 and 2006 have
been reclassified to conform with the financial
statements presentation as of December 31, 2008
as follows:
2007
Deskripsi Akun
Dilaporkan
Sebelumnya/
As Previously
Reported
AKTIVA
Goodwill
Aktiva lain-lain - bersih
LAPORAN LABA RUGI
PENDAPATAN DAN BEBAN
OPERASIONAL
Pendapatan bunga
Reklasifikasi/
Reclassification
501.257
668
(668)
2.954.246
5.950
Setelah
Direklasifikasi/
As Reclassified
Account Description
668
500.589
ASSETS
Goodwill
Other assets - net
2.960.196
STATEMENTS OF INCOME
OPERATING REVENUES
AND EXPENSES
Interest income
Pendapatan operasional lainnya
Lain-lain
206.751
(7.304)
199.447
Other operating incomes
Others
Beban operasional lainnya
Umum dan administrasi
511.858
(1.354)
510.504
Other operating expenses
General and administrative
2006
Deskripsi Akun
Dilaporkan
Sebelumnya/
As Previously
Reported
AKTIVA
Goodwill
Aktiva lain-lain - bersih
LAPORAN LABA RUGI
PENDAPATAN DAN BEBAN
OPERASIONAL
Pendapatan bunga
Reklasifikasi/
Reclassification
366.932
859
(859)
2.887.856
4.987
Setelah
Direklasifikasi/
As Reclassified
Account Description
859
366.073
ASSETS
Goodwill
Other assets - net
2.892.843
STATEMENTS OF INCOME
OPERATING REVENUES
AND EXPENSES
Interest income
Pendapatan operasional lainnya
Lain-lain
133.431
(5.247)
128.184
Other operating incomes
Others
Beban operasional lainnya
Umum dan administrasi
434.034
(260)
433.774
Other operating expenses
General and administrative
51. TANGGUNG JAWAB MANAJEMEN ATAS
LAPORAN KEUANGAN
51. MANAGEMENT’S RESPONSIBILITY ON THE
FINANCIAL STATEMENTS
Manajemen Bank bertanggung jawab terhadap
penyusunan
laporan
keuangan
ini
yang
diselesaikan pada tanggal 17 April 2009.
The management of the Bank is responsible
for the preparation of these financial statements
that were completed on April 17, 2009.
150
Halaman ini sengaja dikosongkan
126 Bank Bukopin LAPORAN TAHUNAN 2008
Corporate
Data
Bank Bukopin ANNUAL REPORT 2008 275
Strength and stability are characteristics
that set Bank Bukopin apart - as an
organisation that is well structured, led
inspiringly, and managed capably.
Organisational Structure [278] Corporate Information [279]
Board of Commissioners [280] Board of Directors [282] Audit
Committee[284] Remuneration and Nomination Committee [285]
Risk Monitoring Committee [287] Sharia Supervisory Board [288]
Senior Officers [289] Products and Services [296] Awards and
Acknowledgement of National and International Scale [299]
Office Network [303] Capital Market Supporting Institutions and
Profession [315]
276 Bank Bukopin ANNUAL REPORT 2008
Solid
Solid
&& Stable
Stable
Bank Bukopin ANNUAL REPORT 2008 277
Organisational
Structure
General Meeting of Shareholders
Sharia Supervisory
Board
Board of
Commissioners
Committee
President Director
Committee
Director of
Commercial
Director of
Small, Medium
Enterprise &
Cooperative
General Manager
Regional Business
General Manager
Planning
& Business
Development
Head of
Commercial
Fund Division
Head of
Commercial
Credit Division
Head of
Investment
Banking
Division
Head of SMEC
& Commercial
Business
Division
Head of
Agribusiness
Division
Head of
Consumer
Business
Development
Division
Head of
Program Fund
Division
Head of
Business Area
Division
Branch
Manager
General Manager
Micro Business
Head of
Consumer
Selling
Management
Division
Head of
Consumer
Credit
Division
Head of
Credit Card
Division
Head of Credit
Restructuring
& Settlement
Division
Head of
Sharia
Division
Director of
Service &
Distribution
Director of
Consumer
Branch Manager
Sharia
Head of
IT Strategy
& Security
Division
Head of Micro
Business
Division
Head of
IT Development
Division
Corporate
Secretary
Head of
IT Support &
Operation
Division
Head of Legal
& Credit
Investigation
Division
Head of
Distribution
Network
Division
Head of
Service
Division
Head of
Operation
Division
278 Bank Bukopin ANNUAL REPORT 2008
Director of
Risk Management,
Compliance &
HR Development
General Manager
Information
Technology
Head of Micro
Business
Development
Division
Head of Internal
Audit Working
Unit
Director of
Finance &
Planning
Head of
Finance
Planning &
Accountancy
Division
Head of
Assets
Management
Division
Head of
Capital Market
Division
Head of Risk
Management
Division
Head of
Compliance
Division/
Special Executive
on Customer
Introduction
Head of Human
Resources
Development
Division
Head of
Treasury
Division
Head of
International
Banking
Division
Corporate
Information
SUBSIDIARY COMPANY
On 31 March 2008 (date of acquisition), Bank
Bukopin increased its holding in BPI by 40.11% to
PT Bukopin Finance (BF)
65.44%. This acquisition was based on the resolution
PT Bukopin Finance (BF) (was PT Indo Trans Buana
of the EGMS of Bank Bukopin dated 6 March 2008,
Multi Finance (ITBMF) was established on 11 March
in which Bank Bukopin had received the approval
1983 pursuant to Notarial Deed No. 5 from Tan A
of the shareholders for the acquisition of the new
Sioe, S.H., as a company that runs the leasing business
shares of BPI through the purchase of series C shares
(multi-finance company).
amounting to 2,000,000,000 shares at a value of Rp50
On 10 March 2006, Bank Bukopin acquired 50%
(fully diluted) per share (of Rp100,000), through which
shares of BF at value of Rp5,000. The goodwill that a
the holding of Bank Bukopin became 65.44%. This
rose from this acquisition was Rp651. Subsequently
acquisition is one of the strategies of Bank Bukopin
on 20 December 2006 (date of acquisition), Bank
in developing sharia business as a whole. Beginning
Bukopin increased its holding in BF by 30% to 80%,
on 31 March 2008, BPI Financial Report has been
at an acquisition cost of Rp15,000. As such, since
consolidated into Bank Bukopin’s Consolidated
20 December 2006, the Financial Statements of BF
Financial Report. On 27 October 2008, BPI received
have been consolidated into the Financial Report
the permit from Bank Indonesia to change its status
of Bank Bukopin. The goodwill recorded from this
from a Conventional Bank to a Sharia Bank, and to
acquisition was Rp305.
commence operations as Bank Syariah Bukopin (BSB)
on 9 December 2008.
The composition of BF management is as follows:
The composition of BSB management as follows:
No.
Name
Position
1
Sugiyanto
President Commissioner
2
Hasanuddin Tarug
Commissioner
No.
Name
Position
1
Chaerul Anwar *)
President Director
2
Indra Krisna Budi
Director
*) Awaiting the approval of the fit & proper test from the Ministry of Finance
PT Bank Syariah Bukopin (BSB)
PT Bank Syariah Bukopin (BSB) (was PT Bank
No.
Name
Position
President Commissioner
1
Hari Harmono
2
Hajriyanto Y. Thohari Commissioner
3
Prof. DR. Bambang
Setiaji
No.
Commissioner
Name
Position
1
Riyanto
President Director
2
Eriandi
Director
3
Tantri Indrawati
Director
Persyarikatan Indonesia (BPI) and previously named
dated 29 July 1990, drawn in front of DR. Widjojo
For further information,
please contact:
Corporate Secretary
Wilami, SH., Notary in Jakarta, representing the
Gedung Bank Bukopin Lt. 1,
consolidation between PT Bank Pasar Gunung Sindoro
Jl. MT. Haryono Kav. 50-51, Jakarta 12770
and PT Bank Pasar Gunung Kendeng. BPI is operating
Telp. : (62-21) 798 9837, 798 8266
the banking business.
Fax. : (62-21) 798 0625
On 25 January 2006, Bank Bukopin acquired 24.73%
Email : [email protected]
shares of BSB for a total value of Rp42,000.
www.bukopin.co.id
PT Bank Swansarindo Internasional) was established
on 11 September 1990 pursuant to Deed No. 102,
Bank Bukopin ANNUAL REPORT 2008 279
The Board
of Commissioners
SAEAN ACHMADY
President Commissioner, 59 years of age, born in Jatiroso on 7 January 1949.
President Commissioner of Bank Bukopin since July 2004. Currently serving as the
Chairman of Kopelindo (Bulog Employees Cooperative) since 2004. A career officer
with Bulog (State Logistics Agency), he served at Dolog Jatim (East Java Logistics
Depot, 1974-1988) serving last as Head of Sub-logistics Depot II of South Surabaya;
and subsequently at Head Office Bulog (1988-2007) in which he served as Head of
Verification of the Financial Bureau and rose to become Finance Director of Perum
Bulog.
He holds a degree in Economics from Universitas Brawijaya, Malang (1973), and has
participated in various courses and training programs at local and abroad.
ANDI CHAERUDDIN Muhammad
Commissioner, 64 years of age, born in Sidrap, South Sulawesi on 12 July 1944.
Commissioner of Bank Bukopin since June 2001. He has more than 30 years of
experience with Bulog, serving last as the Technical Advisor to the Director of
Operations. He has been Chairman of Yabinstra (the Bulog Employees Welfare
Foundation) since 2004.
He holds a degree in Agriculture from the Bogor Institute of Agriculture (1971) and
has participated in various courses and training programs at local and abroad.
BOEDIARSO TEGUH WIDODO
Commissioner, 50 years of age, born in Rembang on 23 August 1958.
Commissioner of Bank Bukopin since August 2005. He served previously with the
Ministry of Finance of the Republic of Indonesia (1985-2008), serving last as Director
for State Budget Formulation and earning a Satya Lencana Karya Satya star decoration
for 20 years of exemplary service.
He holds a Master’s degree in Public Policy and Planning from the Faculty of
Economics of the University of Indonesia (2005), and a degree in Economics from
Universitas Diponegoro, Semarang (1982), and has participated in various courses
and training programs at local and abroad.
280 Bank Bukopin ANNUAL REPORT 2008
SUTRISNO IWANTONO
Independent Commissioner, 50 years of age, born in Malang on 5 May 1958.
Independent Commissioner of Bank Bukopin since August 2005. He also served as
Chairman of the Supervisory Commission for Business Competition (KPPU) until 2005,
member of KPPU (2000-2005), Director General for Research and Development
of the Ministry of Cooperative and Small Business (1999-2000), Deputy Minister
of Cooperative and Small and Medium Enterprise for Marketing and Networking
(2000-2002), technical advisor to the Minister of Cooperative and Small and Medium
Enterprise (1998-1999), Head of Data and Information Center for Small Business
Mentoring, Ministry of Cooperative and SME (1997-1998), Active as a Lecturer of the
University of Indonesia since 1999, he was also Secretary of the Group Representative
Faction of the Indonesian Parliament (2000-2001) and President of the Asian Farmers
Group for Cooperation (AFGC - 2000-2001).
He holds a Doctorate degree in Economics cum laude from Okayama University, Japan
(1991), a Master’s degree in Agriculture cum laude from the same university (1988), and
a degree in Social Economics from the Bogor Institute of Agriculture (1981).
YOYOK SUNARYO
Independent Commissioner, 51 years of age, born in Yogyakarta on 21 July 1957.
Independent Commissioner of Bank Bukopin since May 2007. He has had experience
for 18 years with the Indonesian Association of Milk Cooperatives in which he last
served as the Chairman. He was also Commissioner of PT Industri Susu Alam Murni
(2002-2007), and a member of the Executive Board of PUSKUD (1999-2000).
He holds a degree in Animal Husbandry from Universitas Gadjah Mada, Yogyakarta
(1981), and has participated in various courses and training programs at local and
abroad.
SYAMSUL EFFENDI
Independent Commissioner, 55 years of age, born in Padang Sidempuan on
23 February 1953.
Independent Commissioner of Bank Bukopin since July 2002. He also served
as Commissioner of PT Kutai Timber Indonesia since 2001, following a career
with the same company in which he last served as General Affairs Manager.
He holds a degree in Political Science majoring in State Administration
from Universitas Prof. Dr. Moestopo, Jakarta (1986), and has participated in
various courses and training programs.
Bank Bukopin ANNUAL REPORT 2008 281
The Board
of Directors
GLEN GLENARDI
President Director, 48 years of age, born in Cirebon on 30 October 1960.
President Director of Bank Bukopin since July 2005. He joined Bank Bukopin in 1986,
and served in various positions including Branch Manager in Cirebon (1989-1992),
Group Head of Cooperative, Small and Micro Enterprise (1992-1999), and Director of
Cooperative, Small and Micro Enterprise (2000).
He holds a Master’s degree in Agribusiness Management from the Bogor Institute of
Agriculture (1998), and a degree in Economics from Universitas Jayabaya, Jakarta (1985),
and has participated in various courses and training programs at local and abroad.
TRI JOKO PRIHANTO
Director of Finance and Planning, 48 years of age, born in Magelang on 5 May 1960.
Director of Finance and Planning of Bank Bukopin since July 2006. He joined Bank
Bukopin in 1986, starting as a Credit Officer and climbing up the corporate ladder to
become Director of Operations prior to his present position.
He holds a degree in Agriculture from the Bogor Institute of Agriculture (1985), and
has participated in various courses and training programs at local and abroad.
SULISTYOHADI DS
Director of Small, Medium Enterprise and Cooperative, 48 years of age, born in Kediri
on 27 December 1960.
Director of Small, Medium Enterprise and Cooperative of Bank Bukopin since July
2005. He joined Bank Bukopin in 1988 as Group Head of Business Institutions.
He holds a Master’s degree in Management from Universitas Gadjah Mada,
Yogyakarta (2006), a degree in Economics from Universitas Negeri, Jember (1986),
and has participated in various courses and training programs at home.
AGUS HERNAWAN
Director of Services and Distribution, 48 years of age, born in Jakarta
on 27 August 1960.
Director of Distribution and Service of Bank Bukopin since July 2007. He joined
Bank Bukopin in 1986, and served among other posts as a Credit Officer, Branch
Manager in Padang, Semarang, and Bandung; Line Business and Regional Group
Head and Director of Consumer Banking.
He holds a Master’s degree in Marketing Management from Universitas Padjajaran,
Bandung (1999), a degree in Economics from Universitas Jayabaya (1986), and has
participated in various courses and training programs at home.
282 Bank Bukopin ANNUAL REPORT 2008
SUNARYONO
Director of Risk Management, Compliance and Human Resources Development,
52 years of age, born in Karanganyar on 30 June 1956.
Director of Risk Management, Compliance and Human Resources Development of
Bank Bukopin since July 2006. He joined Bank Bukopin in 1989, serving as Head of
Cooperative, Small and Micro Business Development prior to his present position.
He holds a Master’s degree in Business Administration from Institut Pengembangan
Wiraswasta Indonesia (1993), a degree in Economics from the Bogor Institute of
Agriculture (1981), and has participated in various courses and training programs at
local and abroad.
LAMIRA SEPTINI PARWEDI
Director of Consumer Banking, 48 years of age, born in Jakarta on 1 September 1960.
Director of Consumer Banking of Bank Bukopin since June 2006. She joined Bank
Bukopin in 1986. She began her career at the Giro Accounting Section and went on
to become Credit Officer, Section Head of Bulog II Cash Office, Head of Sub-branch
Office at Bulog II, Coordinator of Institutional Business IV Segment, Group Head of
Business Line IV (oil and gas), Group Head of Mines, Oil-and-Gas and Energy, and
Group Head of Commercial Assets III (Construction, Hotels and Restaurants).
She holds a Master’s degree in Management from Sekolah Tinggi Manajemen PPM
(2004), a degree in Economics from Universitas Trisakti (1985), and has participated
in various courses and training programs at local and abroad.
MIKROWA KIRANA
Director of Commercial Banking, 47 years of age, born in Jakarta on 13 July 1961.
Director of Commercial Banking of Bank Bukopin since June 2006. He has
served with Bank Bukopin for more than 20 years in various positions including
Branch Manager in Kupang and Denpasar, Group Head of Commercial XI and of
Commercial I, Group Head of Mines, Oil and Gas and Energy, and Group Head of
Telecommunications businesses.
He holds a Master’s degree in Business Administration from Coventry University,
England (1997), a degree in Engineering from the Bogor Institute of Agriculture (1985),
and has participated in various courses and training programs at local and abroad.
Bank Bukopin ANNUAL REPORT 2008 283
Audit
Committee
SYAMSUL EFFENDI
Chairman of the Audit Committee, 55 years of age, born in Padang Sidempuan
on 23 February 1953.
Independent Commissioner of Bank Bukopin since July 2002. He also served as
Commissioner of PT Kutai Timber Indonesia since 2001, following a career with
the same company in which he last served as General Affairs Manager.
He holds a degree in Political Science majoring in State Administration from
Universitas Prof. Dr. Moestopo, Jakarta (1986), and has participated in various
courses and training programs.
SUGIJANTO
Member of the Audit Committee, 63 years of age, born in Mojokerto on 24 May 1945.
Member of the Audit Committee of Bank Bukopin since March 2005. A member of
the Indonesian Audit Committee Association (2006) and the Society of Indonesian
Independent Commissioners (2005). He is by profession a Chartered Accountant
who is a member of the Government Accounting Standard Committee. Previously, he
served as the Director of State Cashier at the Directorate General of Logistics, Ministry
of Finance (2004-July 2005).
He holds a Master’s degree in Management from STIE IPWI-BPKP (1999), the Institute
of Finance of the Ministry of Finance (1974), and a degree in Accountancy from
the State Academy of Accountants (1968) and has participated various courses and
training programs.
SURATTO SISWODIHARJO
Member of the Audit committee, 62 years of age, born in Solo on 2 July 1946.
Member of the Audit Committee of Bank Bukopin since 2004. He previously served
a Commissioner of Bank Bukopin (2002-2003), Chairman of INKOPAU (1988-2002).
and a member of the House of Representatives (1992-1998).
He holds a degree in Trade Administration from Universitas Islam Jakarta (1992)
and graduated from the Military Academy, Air Force Unit majoring in Materiel
Administration (1969).
284 Bank Bukopin ANNUAL REPORT 2008
Remuneration and
Nomination Committee
YOYOK SUNARYO
Committee Chairman, 51 years of age, born in Yogyakarta on 21 July 1957.
Independent Commissioner of Bank Bukopin since May 2007. He has had
experience for 18 years with the Indonesian Association of Milk Cooperatives. in
which he last served as the Chairman. He was also Commissioner of PT Industri
Susu Alam Murni (2002-2007), and a member of the Executive Board of PUSKUD
(1999-2000).
He holds a degree in Animal Husbandry from Universitas Gadjah Mada, Yogyakarta
(1981), and has participated in various courses and training programs at local and
abroad.
ANDI CHAERUDDIN MUHAMMAD
Committee Member, 64 years of age, born in Sidrap, South Sulawesi on 12 July 1944.
Commissioner of Bank Bukopin since June 2001. He has more than 30 years of
experience with Bulog, serving last as the Technical Advisor to the Director of
Operations. He has been Chairman of Yabinstra (the Bulog Employees Welfare
Foundation) since 2004.
He holds a degree in Agriculture from the Bogor Institute of Agriculture (1971) and
has participated in various courses and training programs at local and abroad.
SYAMSUL EFFENDI
Committee Member, 55 years of age, born in Padang Sidempuan on 23 February 1953.
Independent Commissioner of Bank Bukopin since July 2002. He also served as
Commissioner of PT Kutai Timber Indonesia since 2001, following a career with the
same company in which he last served as General Affairs Manager.
He holds a degree in Political Science majoring in State Administration from
Universitas Prof. Dr. Moestopo, Jakarta (1986), and has participated in various courses
and training programs.
Bank Bukopin ANNUAL REPORT 2008 285
BOEDIARSO TEGUH WIDODO
Committee Member, 50 years of age, born in Rembang on 23 August 1958.
Commissioner of Bank Bukopin since August 2005. He served previously with the
Ministry of Finance of the Republic of Indonesia (1985-2008), serving last as Director
for State Budget Formulation and earning a Satya Lencana Karya Satya star decoration
for 20 years of exemplary service.
He holds a Master’s degree in Public Policy and Planning from the Faculty of
Economics of the University of Indonesia (2005), a degree in Economics from
Universitas Diponegoro, Semarang (1982), and has participated in various courses
and training programs at local and abroad.
Mulyana
Committee Member, 52 years of age.
A career banker with Bank Bukopin since April 1986, he served in various positions
including as the Corporate Secretary and the Divisional Head of Human Resources
Development since March 2008.
He holds a degree in Civil Law from the University of Indonesia, Jakarta, and has
participated in various professional training programs.
286 Bank Bukopin ANNUAL REPORT 2008
Risk Monitoring
Committee
SUTRISNO IWANTONO
Committee Chairman, 50 years of age, born in Malang on 5 May 1958.
Commissioner of Bank Bukopin since August 2005. He also served as Chairman of
the Supervisory Commission for Business Competition (KPPU) until 2005, member of
KPPU (2000-2005), Director General for Research and Development of the Ministry
of Cooperative and Small Business (1999-2000), Deputy Minister of Cooperative
and Small and Medium Enterprise for Marketing and Networking (2000-2002),
technical advisor to the Minister of Cooperative and Small and Medium Enterprise
(1998-1999), Head of Data and Information Center for Small Business Mentoring,
Ministry of Cooperative and SME (1997-1998), Active as a Lecturer of the University
of Indonesia since 1999, he was also Secretary of the Group Representative Faction of
the Indonesian Parliament (2000-2001) and President of the Asian Farmers Group for
Cooperation (AFGC - 2000-2001).
He holds a Doctorate degree in Economics cum laude from Okayama University,
Japan (1991), a Master’s degree in Agriculture cum laude from the same university
(1988), and a degree in Social Economics from the Bogor Institute of Agriculture
(1981).
BOEDIARSO TEGUH WIDODO
Committee Member, 50 years of age, born in Rembang on 23 August 1958.
Commissioner of Bank Bukopin since August 2005. He served previously with the
Ministry of Finance of the Republic of Indonesia (1985-2008), serving last as Director
for State Budget Formulation and earning a Satya Lencana Karya Satya star decoration
for 20 years of exemplary service.
He holds a Master’s degree in Public Policy and Planning from the Faculty of
Economics of the University of Indonesia (2005), a degree in Economics from
Universitas Diponegoro, Semarang (1982), and has participated in various courses
and training programs at local and abroad.
SUGIJANTO
Committee Member, 63 years of age, born in Mojokerto on 24 May 1945.
Member of the Audit Committee of Bank Bukopin since March 2005. A member of
the Indonesian Audit Committee Association (2006) and the Society of Indonesian
Independent Commissioners (2005). He is by profession a Chartered Accountant
who is a member of the Government Accounting Standard Committee. Previously, he
served as the Director of State Cashier at the Directorate General of Logistics, Ministry
of Finance (2004-July 2005).
He holds a Master’s degree in Management from STIE IPWI-BPKP (1999), the Institute
of Finance of the Ministry of Finance (1974), and a degree in Accountancy from
the State Academy of Accountants (1968) and has participated various courses and
training programs.
Bank Bukopin ANNUAL REPORT 2008 287
Sharia
Supervisory Board
DIDIN HAFIDHUDDIN
Chairman, 57 years of age, born in Bogor on 21 October 1951.
Chairman of the Sharia Supervisory Board of Bank Bukopin since 2001. Also
Chairman of the Sharia Supervisory Board of IFI, Chairman of the Board of Sharia
Takaful Indonesia, Chairman of the National Alms Board (BAZNAS), Chairman of
the Sharia Board of BPRS Amanah Ummah Leuwiliyang Bogor, Vice Chairman of the
Advisory Board of the Sharia Economic Community (MES), Professor at the Bogor
Institute of Agriculture (2006).
He holds a Doctorate degree from Universitas Islam Negeri (UIN) Syarief Hidayatullah
Jakarta, a Master’s degree in Development Studies, and a degree from the Faculty of
Sharia, UIN Syarief Hidayatullah.
ALI MUSTAFA YA’QUB
Member, 56 years of age, born in Batang on 2 March 1952 .
Member of the Sharia Supervisory Board of Bank Bukopin since 2001. His
professional experience includes serving as Vice Chairman of the Fatwa Commission
of the Central Indonesian Council of Ulemas (MUI), Vice Chairman of BPH for sharia
business and insurance on the National Sharia Board of MUI.
He holds a Postgraduate degree from the University of King Saud, Saudi Arabia
(1985), and degrees from the Faculty of Sharia, Islamic University of Imam
Muhammad bin Saud, Saudi Arabia (1980), and from the Faculty of Sharia,
Universitas Hasyim Asyhari, Jombang (1976).
IKHWAN ABIDIN BASRI
Member, 42 years of age, born in Lamongan on 20 June 1966.
Member of the Sharia Supervisory Board of Bank Bukopin since 2001. Currently
also serving as a member of the National Sharia Board, the Sharia Accountancy
Committee of the Indonesian Institute of Accountants, Expert Consultant on Sharia at
the Directorate of Sharia, the Sharia Banking Development Agency (LPPI).
He holds a Master of Arts (MA) degree in Economics from Jami’ah Islamiyyah,
Faisalabad, Punjab, Pakistan (1994), and a Master’s degree in Islamic Economics from
the International Institute of Islamic Economics, Islamabad, Pakistan (1992).
288 Bank Bukopin ANNUAL REPORT 2008
Senior
Officers
GENERAL MANAGER & DIVISION HEADS:
Rudy Susatyo, VP-General Manager Information and
Technology
Djulay Iskandar, SVP-General Manager Regional Business I
General Manager Information and Technology as of
General Manager Regional Business I as of March
March 2008, having served with Bank Bukopin since
2008, having served with Bank Bukopin since May
May 1987. He holds a degree in Economics majoring
1987. He holds a Master’s degree in Management
in Development Studies from Universitas Indonesia,
from Universitas Islam Indonesia, Yogyakarta, and has
and has completed various professional training
completed various professional training programs.
programs.
Aris Wahyudi, VP-General Manager Regional Business II
Tantri Wulandari, AVP-Corporate Secretary
General Manager Regional Business II as of March
Corporate Secretary as of August 2008, having served
2008, having served with Bank Bukopin since May
with Bank Bukopin since March 1991. She holds
1987. He holds a degree in Social Economics from
a degree in Engineering from the Bogor Institute
the Bogor Institute of Agriculture, and has completed
of Agriculture, a Master’s degree in Management
various professional training programs.
from Prasetya Mulya, and has completed various
professional training programs.
Eddy Cahyono, VP-General Manager Regional Business III
General Manager Regional Business III as of March
Ellyanoura Mopilie, AVP-Head of Credit Restructuring
2008, having served with Bank Bukopin since April
and Settlement Division
1986. He holds a Master’s degree in Management from
Head of Credit Restructuring and Settlement Division
STIE Triananda, Jakarta, and has completed various
as of September 2003, having served with Bank
professional training programs.
Bukopin since February 1986. She holds a degree in
Economics majoring in Management from Universitas
Edy Pramana, VP-General Manager Regional Business IV
Hasanuddin, Makassar, and has completed various
General Manager Regional Business IV as of March
professional training programs.
2008, having served with Bank Bukopin since
December 1987. He holds a degree in Economics
Rudi Bachtiar, VP-Head of Internal Audit Working Unit
majoring in Business Economics from IKIP Sanata
(SKAI)
Dharma, Yogyakarta and has completed various
Head of Internal Audit Working Unit as of August
professional training programs.
2000, having served with Bank Bukopin since August
1988. He holds a Master’s degree in Agribusiness
Sudarmin Sjamsoe, VP-General Manager Business
Management from the Bogor Institute of Agriculture
Planning and Development
and has completed various professional training
General Manager Business Planning and Development
programs.
as of March 2008, having served with Bank Bukopin
since May 1987. He holds a degree in Economics
Mulyana, AVP-Head of Human Resources
majoring in Management from Universitas Indonesia and
Development Division
has completed various professional training programs.
Head of Human Resources Development Division
as of April 2008, having served with Bank Bukopin
Setiawan Sudarmaji, VP-General Manager Micro Business
since April 1986. He holds a degree in Civil Law from
General Manager Micro Business as of March 2008,
Universitas Indonesia, Jakarta and has completed
having served with Bank Bukopin since 1988. He
various professional training programs.
holds a degree in Economics majoring in Management
from Universitas Diponegoro, Semarang and has
completed various professional training programs.
Bank Bukopin ANNUAL REPORT 2008 289
Nasri Nazir, VP-Head of Area VI Business Division
Djoni Edward, AVP-Head of Sharia
Head of Area VI Business Division as of March 2008,
Head of Sharia as of February 2000, having served
having served with Bank Bukopin since April 1986. He
with Bank Bukopin since January 1990. He holds
holds a degree in Economics majoring in Development
a degree in Economics from Universitas Andalas,
Studies from Universitas Indonesia, Jakarta, and has
Padang, and has completed various professional
completed various professional training programs.
training programs.
Hari Wurianto, AVP-Head of Service Division
Syafril, AVP-Head of SMEC & Commercial Business
Head of Service Division as of August 2006, having
Development Division
served with Bank Bukopin since 1991. He holds a
Head of SMEC Development & Commercial Business
degree in Agriculture majoring in Social Economics,
Division as of January 2009 and having served with
the Bogor Institute of Agriculture, and has completed
Bank Bukopin since April 1986. He holds a degree
various professional training programs.
in Economics, majoring in Development Studies
from Universitas Gadjah Mada, Yogyakarta, and has
Rivan Achmad Purwantono, AVP-Head of Area IV
completed various professional training programs.
Business Division
Head of Area IV Business Division since March 2008,
Tintrin Wachjuni, AVP-Head of Legal & Credit
having served with Bank Bukopin as of February 2006.
Investigation Division
He holds a Master’s degree in Law from Universitas
Head of Legal & Credit Investigation Division as of
Pelita Harapan, Jakarta, and has completed various
January 2008, having served with Bank Bukopin since
professional training programs.
April 1986. She holds a degree in Civil Law from
Universitas Indonesia, and has completed various
Hari Harmono Busiri, AVP-Head of Agribusiness Division
professional training programs.
Head of Agribusiness Division as of March 2008,
having served with Bank Bukopin since October
Chitra Satyawati, AVP-Head of Consumer Selling
1986. He holds a degree in Animal Husbandry from
Management Division
Universitas Padjadjaran, Bandung, and has completed
Head of Consumer Selling Management Division as
various professional training programs.
of August 2006, having served with Bank Bukopin
since August 1991. She holds a Master’s degree in
Eko Basuki Trimurtiono, AVP-Head of Area II Business
Accountancy from Universitas Indonesia, Jakarta, and
Division
has completed various professional training programs.
Head of Area II Business Division as of March 2008,
having served with Bank Bukopin since May 1987.
Heru Prabowo, VP-Head of Area I Business Division
He holds a Master’s degree in Management from STIE
Head of Area I Business Division, having served
IPWI, Jakarta, and has completed various professional
with Bank Bukopin as of October 2002. He holds a
training programs.
Master’s degree in Business Administration majoring
in International Banking & Finance from University
Karel Palallo, AVP-Head of Micro Business Division
of Birmingham, UK, and has completed various
Head of Micro Business Division as of June 2001,
professional training programs.
having served with Bank Bukopin since November
1985. He holds a Master’s degree in Management
Marviani Anggrahito, VP-Head of Treasury Division
from Universitas Krisnadwipayana, Jakarta, and has
Head of Treasury Division as of January 2005, having
completed various professional training programs.
served with Bank Bukopin. She holds a degree in
Agriculture majoring in Agribusiness from the Bogor
Institute of Agriculture, and has completed various
professional training programs.
290 Bank Bukopin ANNUAL REPORT 2008
Saidi Mulia Lubis, VP-Head of Commercial II Division
Setiani, AVP-Head of Financial Planning &
Head of Commercial II Division as of March 2008,
Accountancy Division
having served with Bank Bukopin since May 1987.
Head of Financial Planning & Accountancy Division
He holds a Master’s degree in Management from IPMI
as of April 2008, having served with Bank Bukopin
Business School, Jakarta, and has completed various
since March 1991. She holds a degree in Economics
professional training programs.
majoring in Accountancy from Universitas Airlangga,
and has completed various professional training
Nuniek Widiani, VP-Head of Commercial Fund Division
programs.
Head of Commercial Fund Division as of March 2008,
having served with Bank Bukopin since July 1985.
Sugiyanto, VP-Head of Assets Management Division
She holds a degree in Agriculture majoring in Social
Head of Assets Management Division as of August
Economics from the Bogor Institute of Agriculture, and
2008, having served with Bank Bukopin since April
has completed various professional training programs.
1986. He holds a degree in Economics majoring in
Management from Universitas Diponegoro, Semarang,
Ajar Susanto Broto, AVP-Head of Risk Management
and has completed various professional training
Division
programs.
Head of Risk Management Division as of March
2008, having served with Bank Bukopin since April
Deddy Methaputranto, AVP-Head of Distribution and
1997. He holds a degree in Technical from Universitas
Network Division
Diponegoro, and has completed various professional
Head of Distribution Network Division as of
training programs.
March 2008, having served with Bank Bukopin
since February 1988. He holds a Master’s degree
Achmad Fachmi, VP-Head of Commercial Credit I Division
in Management from Universitas Gadjah Mada,
Head of Commercial credit I Division as of March
Yogyakarta, and has completed various professional
2008, having served with Bank Bukopin since
training programs.
September 1990. He holds a Master’s degree in
Agribusiness Management from the Bogor Institute of
Adil Syahputra, VP-Head of Compliance Division /
Agriculture, and has completed various professional
Special Executive on Customer Introduction
training programs.
Head of Compliance Division / Special Executive
on Customer Introduction as of August 2008, having
Nursanto, AVP-Head of Operational Division
served with Bank Bukopin since March 1991.
Head of Operation Division as of September 2006,
He holds a degree in Management Industry from
having served with Bank Bukopin since May 1987. He
Universitas Teknologi Nasional, and has completed
holds a degree in Economics majoring in Accountancy
various professional training programs.
from Universitas Indonesia, Jakarta, and has completed
various professional training programs.
Agus Sutiawan, AVP - Acting Head of Information
Technology Development Division
Didik Imam Waluja, AVP-Acting Head of Information
Acting Head of Information Technology Development
Technology Supports & Operation
Division as of January 2008, having served with Bank
Acting Head of Information Technology Supports &
Bukopin since March 1998. He holds a Master’s
Operation as of January 2008, having served with
degree in Information Technology, Universitas New
Bank Bukopin since March 1990. He holds a degree in
South Wales, Australia, and has completed various
Computer from PAT ITB, Bandung, and has completed
professional training programs.
various professional training programs.
Bank Bukopin ANNUAL REPORT 2008 291
Mukdan Lubis, AVP - Head of Information Technology
Dwi Andayani, AVP-Head of Consumer Credit
Strategy and Security Division
Head of Consumer Credit as of March 2008. She holds
Head of Information Technology Strategy and Security
a degree in Agriculture from the Bogor Institute of
Division as of March 2008. He holds a Master’s degree
Agriculture, and has completed various professional
in Agribusiness Management from the Bogor Institute
training programs.
of Agriculture, Bogor, and has completed various
professional training programs.
BRANCH MANAGERS:
Irlan Su’ud, AVP - Head of Program Fund Division
Bharata Nugraha, AVP - Branch Manager of Tanjung Pinang
Head of Program Fund Division as of February 2008,
Branch Manager of Tanjung Pinang as of January 2008,
having served with Bank Bukopin since August 1991.
having served with Bank Bukopin since May 1987.
He holds a degree in Civil Law from Universitas
He holds a degree in Economics majoring in Business
Indonesia, Jakarta, and has completed various
Economics from Universitas Krisnadwipayana, Jakarta,
professional training programs.
and has completed various professional training
programs.
Mochamad Djanoko, AVP-Head of Area V Business
Division
Bagir Assegaf, AVP - Branch Manager of Padang
Head of Area V Business Division as of March 2008.
Branch Manager of Banjarmasin as of April 2005,
He holds a degree in Law from Universitas Jayabaya,
having served with Bank Bukopin since December
Jakarta, and has completed various professional
1999. He holds a degree in Law majoring International
training programs.
Law from Universitas Diponegoro, Semarang, and has
completed various professional training programs.
Sapti Murtiningsih, VP-Head of Credit Card Division
Head of Credit Card Division as of May 2007.
Agung Cahyono, AVP - Branch Manager of Malang
She holds a Master’s degree in Management from
Branch Manager of Malang as of January 2008, having
Universitas Gadjah Mada, Yogyakarta and, has
served with Bank Bukopin since February 1988. He
completed various professional training programs.
holds a degree in Economics majoring in Management
from Universitas Krisnadwipayana, Jakarta, and has
Aprianti Amir, AVP-Head of Area III Division
completed various professional training programs.
Head of Area III Division as of March 2088. She holds
a Master’s degree in Management from Sekolah Tinggi
Rachmorsito, AVP - Branch Manager of Bandung
Manajemen PPM, Jakarta, and has completed various
Branch Manager of Bandung as of October 2006,
professional training programs.
having served with Bank Bukopin since March
1989. He holds a degree in Economics majoring in
Wahyudiansyah, AVP-Head of Investment Banking
Management from Universitas Sebelas Maret, Solo,
Division
and has completed various professional training
Head of Investment Banking Division as of August
programs.
2006, having served with Bank Bukopin since August
1991. He holds a degree in Agriculture from the Bogor
Jufri Ahmad, AVP - Branch Manager of Banjarmasin
Institute of Agriculture, and has completed various
Branch Manager of Banjarmasin as of July 2008,
professional training programs.
having served with Bank Bukopin since December
1986. He holds a degree in Law majoring International
Law from Universitas Diponegoro, Semarang and has
completed various professional training programs.
292 Bank Bukopin ANNUAL REPORT 2008
Mazni Hasbi, AVP - Branch Manager of Batam
Mas Huril Hidayat, AVP - Branch Manager of Jember
Branch Manager of Batam as of August 2006, having
Branch Manager of Jember as of March 2006, having
served with Bank Bukopin since July 1997. He holds
served with Bank Bukopin since January 1986. He
a degree in Technique from UPN Veteran, Yogyakarta,
holds a degree in Economics from Sekolah Tinggi Ilmu
and has completed various professional training
Ekonomi, and has completed various professional
programs.
training programs.
Dewi Ekawati, AVP - Branch Manager of Bogor
John M. Muchtar, AVP - Branch Manager of Karawang
Branch Manager of Bogor as of September 2006,
Branch Manager of Karawang as of July 2005, having
having served with Bank Bukopin since March
served with Bank Bukopin since February 1988. He
1991. She holds a Master’s degree in Agribusiness
holds a degree in Economics majoring in Management
Management from the Bogor Institute of Agriculture,
from Universitas Kristen Indonesia, and has completed
and has completed various professional training
various professional training programs.
programs.
Rudianto, AVP - Branch Manager of Kupang
Agus Gunarto, AVP-Branch Manager of Pontianak
Branch Manager of Kupang as of January 2008, having
Branch Manager of Pontianak as of January 2008,
served with Bank Bukopin since December 1986. He
having served with Bank Bukopin since January 1990.
holds a degree in Economics majoring in Management
He holds a Master’s degree in Management from
from Universitas Putra Bangsa, and has completed
Sekolah Tinggi Manajemen PPM, Jakarta, and has
various professional training programs.
completed various professional training programs.
M. Rudy Irfan, AVP - Branch Manager of Makassar
Arzaflan, AVP - Branch Manager of Cirebon
Branch Manager of Makassar as of September 2006,
Branch Manager of Cirebon as of June 2007, having
having served with Bank Bukopin since August
served with Bank Bukopin since February 1988. He
1991. He holds a degree in Economics majoring in
holds a degree in Economics majoring in Management
Management from Universitas Krisnadwipayana,
from Universitas Pancasila, Jakarta, and has completed
Jakarta, and has completed various professional
various professional training programs.
training programs.
Fatchurrochim, AVP - Branch Manager of Denpasar
Dhani Tresno, Mgr - Branch Manager of Mataram
Branch Manager of Mataram as of April 2004, having
Branch Manager of Mataram as of July 2008, having
served with Bank Bukopin since January 1988. He
served with Bank Bukopin since January 1988. He
holds a degree in Economics majoring in Accountancy,
holds a degree in Economics majoring in Finance
from Universitas Airlangga, and has completed various
Banking-STEKPI, Jakarta, and has completed various
professional training programs.
professional training programs.
Armia Arco, AVP - Branch Manager of Jambi
Eddy Linson Harlianto, VP - Branch Manager of Medan
Branch Manager of Jambi as of March 2006, having
Branch Manager of Medan as of July 2004, having
served with Bank Bukopin since February 1988. He
served with Bank Bukopin since August 1988.
holds a degree in Economics majoring in Management
He holds a degree in Agriculture from Universitas
from Universitas Syiah Kuala, Banda Aceh, and has
Padjadjaran, Bandung, and has completed various
completed various professional training programs.
professional training programs.
Bank Bukopin ANNUAL REPORT 2008 293
Moh. Fahrurazi, AVP - Branch Manager of Palembang
Heri Purwanto, AVP - Branch Manager of Semarang
Branch Manager of Palembang as of September 2006,
Branch Manager of Semarang as of April 2006, having
having served with Bank Bukopin since September 1988.
served with Bank Bukopin since September 1987. He
He holds a degree in Economics majoring in Finance from
holds a degree in Economics majoring in Management
Sekolah Tinggi Ilmu Ekonomi and has completed various
from Universitas Slamet Rijadi, Solo, and has
professional training programs.
completed various professional training programs.
M. Idris Ali, AVP - Branch Manager of Parepare
Suflan Rizal, AVP - Branch Manager of Surabaya
Branch Manager of Parepare as of July 2008, having
Branch Manager of Surabaya as of April 2006, having
served with Bank Bukopin since May 1989. He holds
served with Bank Bukopin since September 1985.
a degree in Economics majoring Management from
He holds a Master’s degree in Management from
Universitas Hasanuddin and has completed various
Universitas Brawijaya, Malang, and has completed
professional training programs.
various professional training programs.
Akhmad Hariyadi, AVP - Branch Manager of Pekanbaru
Bambang Margono, AVP - Branch Manager of
Branch Manager of Pekanbaru as of January 2008,
Tasikmalaya
having served with Bank Bukopin since March 1991.
Branch Manager of Tasikmalaya as of June 2007,
He holds a degree in Agriculture majoring in Social
having served with Bank Bukopin since March
Economics from the Bogor Institute of Agriculture, and
1991. He holds a degree in Economics majoring in
has completed various professional training programs.
Accountancy from Universitas Sebelas Maret, Solo,
and has completed various professional training
Dharmawan Boedi Rachmanto, AVP - Branch Manager
programs.
of Probolinggo
Branch Manager of Probolinggo as of December 2005,
Eddy Junaidi, AVP-Branch Manager of Tegal
having served with Bank Bukopin since December
Branch Manager of Tegal as of October 2006, having
1986. He holds a Master’s degree in Management
served with Bank Bukopin since February 1990. He
from Universitas Muhammadiyah, Malang, and has
holds a Master’s degree in Management from Sekolah
completed various professional training programs.
Tinggi Manajemen IPPM, Jakarta and has completed
various professional training programs.
Tri Djoko Rusiono, Mgr - Branch Manager of Bandar
Lampung
Anas Fadli, AVP - Branch Manager of Yogyakarta
Branch Manager of Bandar Lampung as of January 2008,
Branch Manager of Padang as of September 2006,
having served with Bank Bukopin since November 1989.
having served with Bank Bukopin since February
He holds a degree in Economics majoring in Management
1988. He holds a degree in Economics majoring in
from Universitas Jayabaya, Jakarta, and has completed
Management from Universitas Syiah Kuala, Banda
various professional training programs.
Aceh, and has completed various professional training
programs.
Muhammad Nur Al Fatah, AVP - Branch Manager of
Samarinda
Erwin Syamsuar, AVP-Branch Manager of Solo
Branch Manager of Samarinda as of July 2007, having
Branch Manager of Solo as of January 2008, having
served with Bank Bukopin since September 1990. He
served with Bank Bukopin since February 1986. He
holds a Master’s degree in Banking Management from
holds a degree in Agriculture from the Bogor Institute
Universitas Hasanuddin, Makassar, and has completed
of Agriculture, and has completed various professional
various professional training programs.
training programs.
294 Bank Bukopin ANNUAL REPORT 2008
Afrizal, AVP-Branch Manager of Cilegon
Bambang Widyatmoko, APV - Branch Manager of
Branch Manager of Cilegon as of January
Sidoarjo
2008, having served with Bank Bukopin since
Branch Manager of Sidoarjo as of June 2008, having
March 1987. He holds a Master’s degree in
served with Bank Bukopin since April 1997. He holds
Management from Universitas Diponegoro,
a Master’s degree in Management from Universitas
and has completed various professional training
Indonesia, and has completed various professional
programs.
training programs.
Erfin, AVP-Branch Manager of Banda Aceh
Suroso, AVP-Sharia Branch Manager of Bandung
Branch Manager of Banda Aceh as of September
Sharia Branch Manager of Bandung as of April 2008,
2006, having served with Bank Bukopin since
having served with Bank Bukopin since February
February 1988. He holds a degree in Economics
1990. He holds a degree in Social Economics from
majoring in Accountancy from Sekolah Tinggi
Universitas Gadjah Mada, Yogyakarta, and has
Ilmu Ekonomi, and has completed various
completed various professional training programs.
professional training programs.
Amri HS, Mgr - Sharia Branch Manager of Bukittinggi
Pandjang Usianto , AVP-Branch Manager of
Sharia Branch Manager of Bukittinggi as of February
Purwokerto
2009, Having served with Bank Bukopin since August
Branch Manager of Purwokerto as of January
1984. He holds a Diploma of AKP majoring in Finance
2008, having served with Bank Bukopin since
and Banking AKB & P, Padang, and has completed
January 1991. He holds a degree in Economics
various professional training programs.
majoring in Accountancy from Sekolah Tinggi
Ilmu Ekonomi Kertanegara, Malang, and
Aswad Irianto, Mgr-Sharia Branch Manager of Medan
has completed various professional training
Sharia Branch Manager of Medan as of March 2008,
programs.
having served with Bank Bukopin since June 1986. He
holds a degree in Economics majoring in Development
Andi Darma, AVP-Branch Manager of
Studies from Universitas Islam Sumatera Utara, and
Balikpapan
has completed various professional training programs.
Branch Manager of Balikpapan as of January
2008, having served with Bank Bukopin since
Arief Gunawan, Mgr - Sharia Branch Manager of
October 1997. He holds a degree in Agriculture
Melawai
majoring in Social Economics from the Bogor
Sharia Branch Manager of Melawai as of March 2008,
Institute of Agriculture, and has completed
having served with Bank Bukopin since December
various professional training programs.
2001. He holds a degree in Economics majoring
in Production Management from IKOPIN, and has
Amir Salahuddin, AVP-Branch Manager of
completed various professional training programs.
Manado
Branch Manager of Manado as of July 2005,
Ersyam Fansuri, AVP - Branch Manager of Sharia
having served with Bank Bukopin since
Surabaya
November 1989. He holds a degree in
Sharia Branch Manager of Surabaya and having served
Economics majoring in Accountancy from
with Bank Bukopin since November 2003. He holds
Universitas Udayana, and has completed
a degree in Law from Universitas Brawijaya, Malang,
various professional training programs.
and has completed various professional training
programs.
Bank Bukopin ANNUAL REPORT 2008 295
Products
and Services
I. CONVENTIONAL
# Pre Export Financing (Export Loan)
1. FUND
- Domestic Letter of Credit
• SiAga Savings
(SKBDN)
• SiAga Premium Savings
• SiAga Bisnis Savings
- Stand By LC/Bank Guarantee
# Loan to Employee Cooperative for
• SiAga Dollar Savings
its Members (K3A)
• SiKosi Savings
# Loan for Rice Supply
• Rencana Savings
# Loan to Employee Cooperative for
• Hajj Bukopin Savings
Goods Supply and Lease
• Merdeka Time Deposit
# Loan for Sugar
• Dollar Time Deposit
# Loan for SME Partnership
• Time Deposit
• Deposit On Call
• Bukopin Demand Deposit
• Consumer Loans:
- Housing/Apartment Loan (KPR/KPA):
• Dollar Demand Deposit
# KPR Refinancing
• Forex Demand Deposit
# KPR Indent
# KPR Renovation
2. CREDIT
# KPR on Collective Basis
• Investment Loans:
- Mini Mill Loan
- Heavy Equipment Loan
- Machinery Financing
- Bukopin Car Loan (KMB):
# KMB Refinancing
# KMB on Collective Basis
- Multi-purpose Loan (KSG)
- Building Financing
- Project Financing
- Other Investment Loans
• Working Capital Loans:
-
Overdraft
- Receivable Financing
• Syndication:
- Co-Financing
• Back to Back Loan
• Credit International Cooperation
Development Funds (ICDF) - Taiwan
- Inventory Financing
• Swamitra Working Capital Loan
- Project Financing
• Bank Guarantee
- Uncommitted Loan
• Aval
- Bridging Loan
• Endorsement
- Trade Finance:
• Commitment Letter
# Import:
• Letter of Intent
- Import Letter of Credit
• Reference
- Trust Receipt (TR)
• Program Loan:
- Post Import Financing
- SMEC Loan with SU-005 Funds
- Import Collection
- Loan to Primary Cooperative for Its
- Shipping Guarantee
# Export:
- Export Letter of Credit
- Export Letter of Credit Financing
(Post Export Financing)
- Export Collection
Members (KKPA)
- Loan to Agricultural Financing Scheme
(SP-3)
- Loan for Food Resilience (KKPE)
- Pundi Loan
- Loan with the Scheme of Guaranteed
Funds
296 Bank Bukopin ANNUAL REPORT 2008
- People Business Credit (KUR)
• Safe Deposit Box
- Low/Very Low-cost Housing Loan
• Bank Reference
(KPRS/RSS)
• Non-Program Loan:
- Working Capital and Investment Loan
- Loan to Employee Cooperative for Its
Members (K3A)
- Loan to Cooperative Employee to
Purchase and Lease of Goods
- Loan for Operational Vehicle
Ownership (KPKU)
• Hajj Pilgrimage Funds (BPIH)
• Receiving Agent for Tax Payment and other
State Revenue Module (MPN)
• Electronic Payments of Tax on Land and
Building (PBB)
• Payroll
• Payment of Credit Card (Visa)
• Payment of Electricity, Water, Telephone,
Cell-phone Voucher
- SME Partnership Loan
• Payment of Prepaid Cell-phone Voucher
- SME Suppliers Loan
• Payment of School Tuition (SPP)
- Loan to Hiswanamigas’s Members
• Payment of Cell-phone Top-up
- Heavy Equipment Loan
• Receipt of Payment for Credit Installment of
- Sugar Financing Loan
Multifinance Company
- Rice Supply Loan to Bulog Suppliers
4. FACILITIES and MEANS OF TRANSACTION
3. SERVICES
• Bukopin ATM Card
• Bukopin Cash Management
• SiAga Visa Electron Debit Card
• Partnership: Swamitra
• ATM Co-branding Card
• Agency Services:
• Priority Card
- Paying Agent
• Bukopin Credit Card
- Security Agent
• Electronic Channels:
- Escrow Account Agent
• Trustee
• Remittance:
- ATM Bukopin
- ATM Network: ALTO, PRIMA, ATM
Bersama and PLUS
- Outgoing Transfer
- Bukopin Internet Banking
- Incoming Transfer
- Bukopin SMS Banking
- Bank Draft
- ‘Halo Bukopin’ (Call Center)
- Clean Collection:
# Outward Collection
# Inward Collection
• Arranger/Co-Arranger for Syndicated Loans
• Custodian Bank (Conventional and Mutual
Funds)
• Auto Debit Facility
• Integrated Hajj Communication System
(Siskohat)
• Bank Indonesia Real Time Gross Settlement
(BI-RTGS)
• SiAgaMatic
• Collecting Agent (payment of car loan
installments)
• Transfer
• Clearing
• Collection
Bank Bukopin ANNUAL REPORT 2008 297
II. SHARIA
1. FUNDS
• iB SiAga Savings
CREDIT FOR MSMEC
1. COMMERCIAL CREDIT
1. Commercial
• iB Rencana Savings
• Working Capital Loan
• iB Hajj Savings
• Investment Loan
• iB Demand Deposit
• iB Forex Demand Deposit
• iB Time Deposit
2. Scheme
• SME Partnership Loan Scheme
• Current Account Loan Scheme
2. FINANCING
• iB Murabahah Sale and Purchase
• iB Car Ownership Financing
• Bank Guarantee (by PT Askrindo)
• Loan to Employee Cooperatives for Its
Members (K3)
• iB House Ownership Financing
• Credit Insurance by PT Askrindo
• iB Financing (Mudharabah)
• Financing Loan Scheme for SME
• iB Financing (Musyarakah)
• iB Investment with Terms
• iB Lending
Partnership
• Loan for Heavy Equipment Financing
Scheme
• iB Cash Guarantee
• Loan for Rice Supply
• iB K3A
• Loan for Sugar Financing Scheme
• iB KKPA
• Loan Scheme for Hiswana Migas’
• iB Hajj Pilgrimage
members
• Loan to Cooperatives Employees for the
3. SERVICES
Purchase and Lease of Goods
• iB Safe Deposit Box (SDB)
• Pundi Loan Scheme
• Transfer
• Loan Scheme for Business Vehicle
• Payment Point Public Services
Ownership (KPKU)
• Clearing
• Collection
2. Program LOAN
• Bank Guarantee
1. People Business Credit (KUR)
• RTGS (Real Time Gross System)
2. Scheme Credit Guarantee of the State Minister
• iB Sharf (Foreign Exchange)
• iB SKBDN (Domestic Letter of Credit)
• iB Remittance
• iB Letter of Credit
of Cooperatives
3. Scheme Credit for Food and Energy Security
(KKP-E)
4. Scheme Credit SU-005
5. Scheme Credit for Agricultural Financing (SP3)
4. FACILITIES AND MEANS OF TRANSACTION
• SiAga ATM Card
• SiAga Visa Electron Card
• iB SMS Banking
• iB Internet Banking
• Phone Banking 14005
298 Bank Bukopin ANNUAL REPORT 2008
Awards and Acknowledgement
of National and International
In 1999:
Asian Banking Award ’99 “Commercial Credit Product
Asian Bankers Association - Philippine
and Program” for the product, Swamitra
InfoBank Award for Financial Performance with the
InfoBank Magazine
predicate of “Excellent”
In 2000:
(15 September 2000)
Second rank for the category of “Highest Return on
From 500 banks in Asia Pasific version Asiaweek
Equity” and “Largest Return on Assets”
Magazine
InfoBank Award for Financial Performance with the
InfoBank Magazine
predicate of “Excellent”
In 2001:
InfoBank Award for Financial Performance with the
InfoBank Magazine
predicate of “Excellent”
In 2002:
InfoBank Award for Financial Performance with the
InfoBank Magazine
predicate of “Excellent”
“Banking Service Excellence Award” 2003 for prime
InfoBank Magazine
services
“Banking Service Excellence Award” 2003 for prime
Marketing Research Indonesia (MRI)
services
Certificate on the MP3 On-Line system to meet the
Directorate General of Tax, Department of Finance of
financial transaction standards as an acknowledgement
the Republic of Indonesia
of the reliability of Bank Bukopin’s technology
Award as the “Best-III Host to Host Collecting Agent of
Telkom
2002”
Bank Bukopin ANNUAL REPORT 2008 299
In 2003:
InfoBank Award for Financial Performance with the
InfoBank Magazine
predicate of “Excellent”
Award as the Best Bank 2003 for the category of
Investor Magazine
commercial bank recap with assets in the range of
Rp10 trillion - Rp50 trillion
Top five private national bank safest forex, Pilar Bisnis
Pilar Bisnis Magazine
Magazine edition May 2003
Kapital Banking Award 2003 as “The Excellent Bank in
Kapital Magazine
Collecting Customer’s Fund Category Absolute Growth
in Rupiah”
Award as “Most Trustworthy Partner 2003 for the
The Indonesian Association of Pension Fund (ADPI)
Category of Private National Forex Commercial Bank”
October 2003
Award as the “Best Host to Host Collecting Agent in
Telkom
2003”
“Banking Service Excellence Award” 2003 for prime
InfoBank Magazine
services
“Banking Service Excellence Award” 2003 for prime
Marketing Research Indonesia (MRI)
services
In 2004:
InfoBank Golden Trophy 2004 for financial bank
InfoBank Magazine
performance with the predicate “Excellent”
1999-2003
Award in recognition for Bank Bukopin’s role
Department of Marine and Fisheries of RI
as a Financial Institution that Cares for Coastal
Communities
Award in recognition for Bank Bukopin as the Second
Best Bank in the Credit Disbursement for the National
Food Security in 2004
300 Bank Bukopin ANNUAL REPORT 2008
Department of Agriculture of RI
Islamic Banking Award 2004 for three categories,
Karim Business Consulting (KBC) in cooperation
namely the Amazing Achievement Award for Most
with Pusat Pengembangan Manajemen (PPM) and
Efficient Islamic Bank, the Outstanding Achievement
Manajemen Magazine
Award for Most Profitable Islamic Bank, and the
Outstanding Achievement Award for Highest Financing
Intermediary.
Islamic Banking Quality Award 2004 for the
Ekonomi dan Bisnis Syariah Modal Magazines in
category of The Best Office Equipment and The Most
cooperation with Karim Business Consulting (KBC)
Comfortable Office
In 2005:
InfoBank Award for Financial Performance with the
InfoBank Magazine
predicate of “Excellent”
InfoBank Golden Trophy for Financial Performance
InfoBank Magazine
with the predicate of “Excellent” from year 2000 to
2004
Islamic International Banking Award for Bank Bukopin
Karim Business Consulting, Singapore 2005
Syariah in the Category of “The Fastest Funding
Growth”
In 2006:
InfoBank Award for Financial Performance with the
InfoBank Magazine
predicate of “Excellent”
InfoBank Golden Trophy for Financial Performance
InfoBank Magazine
with the predicate of “Excellent” from year 2001 to
2005
Banking Service Excellence Award for Bank Bukopin’s
InfoBank Magazine and Marketing Research Indonesia
service as 6 Best Overall Performance
(MRI)
Indonesia Property Award 2006 as The Rising Star for
Property & Bank Magazine
th
Consumer Loan (KPR and KPA)
Bisnis Indonesia Award 2006 as one of the Best
Bisnis Indonesia Daily
National Banks of 2006
Investor Syariah Award 2006 for the category of sharia
Investor Magazine
business unit with assets in the range of Rp100 billionRp500 billion
Bank Bukopin ANNUAL REPORT 2008 301
In 2007:
InfoBank Award for Financial Performance with the
InfoBank Magazine
predicate of “Excellent”
InfoBank Golden Trophy for Financial Performance
InfoBank Magazine
with the predicate of “Excellent” from 2002 to 2006
Banking Service Excellence Award for Bank Bukopin’s
service as
6th
InfoBank MRI Magazine
Best Overall Performance
Banking Service Excellence Award for Bank Bukopin’s
InfoBank Magazine
service as 3rd Best Teller
Service Quality and Satisfaction of Bank Customers in
Jakarta 2007, fourth rank
302 Bank Bukopin ANNUAL REPORT 2008
Institute of Service Management Studies and InfoBank
Office
Network
HEAD OFFICE
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Bank Bukopin ANNUAL REPORT 2008 303
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Gedung ABDA
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CASH OFFICE
Pasaraya Cash Office
Gd. Mega Pasaraya Blok M
Jl. Iskandarsyah Raya No. 2
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Peruri Cash Office
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Al-Azhar Cash Office
Komplek Masjid Agung Al-Azhar
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Jamsostek Cilandak Cash Office
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304 Bank Bukopin ANNUAL REPORT 2008
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Gedung PLN Bulungan CSW
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Jl. Gatot Subroto Kav. 71-73
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Kreo Cash Office
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Tebet Cash Office
Jl. Tebet Barat Dalam Raya No. 153A
Jakarta selatan
P
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PLN Ciledug Cash Office
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Jakarta Selatan 15154
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Gedung Gajah Cash Office
Wisma Gajah
Jl. Dr. Saharjo No. 11
Unit P & Q Jakarta Selatan
P
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8310573
F
: (021) 8293835
Plaza Bintaro Jaya Cash Office
Jl. Bintaro Utama III A Lt. 1 Blok H-4
Bintaro Jaya, Tangerang 15225
P
: (021) 73690209
F
: (021) 73690209
PLN Bintaro Cash Office
Jl. MH Thamrin Blok B 7 Kav. A2 No. 17
Sentral Bisnis Distric Sektor VII
Bintaro Jaya, Tangerang 15224
P
: (021) 74861685
F
: (021) 74861685
Cinere Cash Office
Cinere Mall Lt. 1 Unit 33
Jl. Raya Cinere
Jakarta Selatan
P
: (021) 7545173/7545083
F
: (021) 7545083
Jamsostek Tangerang Satu Cash Office
Jl. Perintis Kemerdekaan II Kav. 14
Cikokol, Tangerang
P
: (021) 5589761
F
: (021) 5589761
PLN BSD Cash Office
Gd. PLN AP Serpong
Jl. Raya Serpong BSD Sektor 8
Serpong
P
: (021) 5372716
F
: (021) 5372716
Jamsostek BSD Cash Office
Ruko BSD Blok RS-38 Sektor IV
Jl. GN. Rinjani III No. 5
Serpong, Tangerang
P
: (021) 5372960
F
: (021) 5372960
Kalibata Cash Office
Kalibata Mall
Jl. Raya Kalibata
Jakarta Selatan
P
: (021) 7988556
F
: (021) 7901674
STEKPI Cash Office
Gd. Kampus STEKPI
Jl. TMP Kalibata
Jakarta Selatan 12760
P
: (021) 7902219
F
: (021) 7902219
LIA Pengadegan Cash Office
Kampus LBA LIA
Jl. Pengadegan Timur No. 11
Jakarta Selatan
P
: (021) 7948701
F
: (021) 7948701
Mampang Cash Office
Gedung PLN AP Mampang
Jl. Warung Buncit Raya No. 10
Jakarta Selatan
P
: (021) 79181662
F
: (021) 79182934
Bandara Soekarno Hatta Cash Office
Terminal I A9 Kedatangan Domestik
No. 38 (A9P.38)
Bandara Soekarno Hatta Cengkareng
Jakarta 19110
P
: (021) 5501452
F
: (021) 5501452
Meruya Cash Office
Jl. Raya Meruya Selatan No. 11
Kembangan, Jakarta Barat
P
: (021) 5862649
F
: (021) 5866516
UNJ/IKIP Cash Office
Gedung IKIP/UNJ Pasca Sarjana
Jl. Rawamangun Muka
Jakarta Timur
P
: (021) 47866151
F
: (021) 47866152
Mitra Kemayoran Cash Office
RS. Mitra Kemayoran
Jl. Landasan Pacu Timur
Kemayoran, Jakarta Pusat
P
: (021) 6545250
F
: (021) 6545250
Billy Moon Cash Office
Ruko Billy Moon
Jl. Raya Kalimalang Blok M Kav. 3E
Jakarta Timur
P
: (021) 8657137
F
: (021) 8645506
PLN Cempaka Putih Cash Office
Jl. Jend. Ahmad Yani Kav. 60 Bypass
(Kantor PLN AP Cempaka Putih)
Jakarta Pusat
P
: (021) 4261212
F
: (021) 4261212
RS. MMC Cash Office
Dolog Jaya Cash Office
Jl. HR. Rasuna Said Kav. C20-21
Kuningan, Jakarta 12940
P
: (021) 5202615
F
: (021) 5202616
Gedung Dolog Jaya
Jl. Perintis Kemerdekaan
Jakarta 14220
P
: (021) 4502967/4501540
ext.510
F
: (021) 4502967
RS. Mitra Keluarga Kelapa Gading
Cash Office
Gedung RS Mitra Keluarga
Kelapa Gading
Jl. Bukit Gading No. 2
Kelapa Gading, Jakarta Utara
P
: (021) 4582666/45852700
ext. 1057
F
: (021) 4582666
Univ. Indonusa Esa Unggul Cash Office
Gedung Universitas Indonusa
Esa Unggul
Jl. Terusan Arjuna Tol Tomang
Kebon Jeruk, Jakarta Barat
P
: (021) 5674223 ext. 247
F
: (021) 5682569
PLN Cideng Cash Office
Jl. Cideng Timur No. 61
Cideng, Jakarta Pusat 10150
P
: (021) 3504673
F
: (021) 3504673
RSPAD Cash Office
Jl. Abdul Rachman Saleh No. 24
Jakarta Pusat 10410
P
: (021) 3501316
F
: (021) 3501316
BPPT Cash Office
Jl. MH. Thamrin No. 8
Jakarta Pusat
P
: (021) 3103540/13
F
: (021) 3103540
PLN Jatinegara Cash Office
Jl. Jatinegara Timur No. 75
Jakarta Timur
P
: (021) 8517275
F
: (021) 8517275
Fakultas Kedokteran UI Cash Office
Jl. Salemba Raya No. 6
Jakarta Pusat
P
: (021) 3923771
F
: (021) 3923756
Pulo Lentut Cash Office
Jl. Pulo Lentut Blok E II No. 3
Kawasan Industri Pulo Gadung
Jakarta Timur 13260
P
: (021) 4609249 - 50/4604032
F
: (021) 4604031
RS. Persahabatan Cash Office
Gedung Griya Puspa
Jl. Persahabatan Raya No. 1
Jakarta Timur
P
: (021) 47882484
F
: (021) 47882483
PLN Sunter Cash Office
Jl. Yos Sudarso Kav. 85
Sunter, Jakarta Utara
P
: (021) 65303328
F
: (021) 65303328
Humpus Cash Office
Jl. Medan Merdeka Timur No. 16
Jakarta Pusat
P
: (021) 3518538/33
F
: (021) 3518543
Jamsostek Kebon Sirih Cash Office
Gedung Jamsostek Kebon Sirih
Jl. Wahid Hasyim No. 94
Jakarta Pusat
P
: (021) 3916140
F
: (021) 3916140
Jamsostek Gambir Cash Office
Gedung Bank Liman
Jl. Ir. H. Juanda No. 12
Jakarta Pusat
P : (021) 3504268
F` : (021) 3504268
Bekasi Timur Cash Office
Komplek Ruko Juanda Elok No. 15
Jl. IR. H. Juanda
Bekasi Timur
P
: (021) 8828269/8800479
F
: (021) 8828270
Bekasi Barat Cash Office
Jl. A. Yani Blok A3 No. 5
Bekasi Barat
P
: (021) 8853010
F
: (021) 88852505
UNISMA Bekasi Cash Office
Kampus Universitas Islam 45 Bekasi
Jl. Cut Meutia No. 83
Bekasi
P
: (021) 88344607 - 08
F
: (021) 88344607
PLN Bekasi Kota Cash Office
Kantor PLN
Jl. Cut Meutia No. 44
Bekasi Timur
P
: (021) 88346765
F
: (021) 88357234
Cibubur Cash Office
Jl. Lapangan Tembak
Ruko Cibubur Indah Blok B-17
Cibubur, Jakarta Timur
P
: (021) 8726820/8717720
F
: (021) 8717720
Bank Bukopin ANNUAL REPORT 2008 305
FTUI Cash Office
Fakultas Teknik Universitas
Indonesia, Depok 16424
P
: (021) 78849091
F
: (021) 78849092
Al-Azhar Mujaer Payment Point Office
TK/SD Al-Azhar
Jl. Mujair No. 1
Pasar Minggu, Jakarta Selatan
P
: (021) 7818125
PLN AP Lenteng Agung Cash Office
Jl. Raya Tanjung Barat No. 55
Jakarta Selatan 12610
P
: (021) 78843985
F
: (021) 78843985
Jamsostek Kalideres Payment Point
Office
Jl. Daan Mogot KM. 14 No. 6 D-E
Ruko Naga Kencana Sakti
Kalideres, Jakarta Barat
P
: (021) 54374340 - 41
F
: (021) 54374341
Perum Perumnas Cash Office
Gedung Perum Perumnas
Jl. D.I. Panjaitan Kav. 11
Jakarta Timur
P
: (021) 8584772
F
: (021) 8584771
RS. Harapan Bunda Cash Office
Jl. Raya Bogor Km. 22 No. 44
Pasar Rebo, Jakarta Timur
P
: (021) 8407325
F
: (021) 8407321
PLN Kramat Jati Cash Office
Gd. PLN AP Condet
Jl. Raya Bogor Km. 20 No. 19
Jakarta Timur
P
: (021) 80886225
F
: (021) 80886227
PLN Pondok Gede Cash Office
Jl. Raya Jati Makmur No. 150
Bekasi
P
: (021) 84973388
F
: (021) 84973389
PAYMENT POINT OFFICE
Al-Azhar Bintaro Payment Point Office
Jl. Bonjol No. 9
Bintaro, Jakarta Selatan
P
: (021) 7359473
F
: (021) 7359473
Al-Azhar Pejaten Payment Point Office
SMP/SMU Al-Azhar
Jl. Siaga Raya Pejaten Barat
Jakarta Selatan
P
: (021) 79192276
306 Bank Bukopin ANNUAL REPORT 2008
PLN Kosambi Payment Point Office
Jl. Lingkar Luar Barat Duri Kosambi
Cengkareng, Jakarta Barat
P
: (021) 54351968
F
: (021) 54351969
PLN Kebon Jeruk Payment Point
Office
Pertokoan Intercon
Jl. Meruya Ilir Raya
Blok A IX No. 7-8
Jakarta Barat 11520
P
: (021) 5854605
F
: (021) 5862358
PLN Bandengan Kota Payment Point
Office
Jl Bandengan Utara No. 79
Jakarta Utara 14440
P
: (021) 6630964/6611814
F
: (021) 6630964
Fiskal Payment Point Office
Terminal F Keberangkatan
Bandara Soekarno Hatta
Cengkareng 19110
P
: (021) 5503071
Jamsostek ST. Budi Payment Point
Office
Gedung Menara Jamsostek
Jl. Gatot Subroto No. 79
ST. Budi, Jakarta Selatan
Jamsostek Mangga Dua Payment Point
Office
Jl. Mangga Dua Raya Ruko Grand
Butik Center Blok C-5
Jakarta Utara
P
: (021) 6128736
F
: (021) 6128736
Jamsostek Pulo Gadung Payment Point
Office
Gedung Astra Argo Lestari
Jl. Pulo Ayang Raya Blok OR1
Kawasan Industri Pulo Gadung
Jakarta Timur
P
: (021) 46824718
F
: (021) 46824718
PLN Area Kali Malang Payment Point
Office
Gedung PLN Area Kalimalang
Jl. Raden Intan No. 10A
Jakarta Timur
P
: (021)8652143
F
: (021) 8652169
Jamsostek Cilincing Payment Point
Office
Jl. Kramat Jaya No. 22B-22C
Kecamatan Koja, Jakarta Utara
P
: (021) 43900617
F
: (021) 43900617
Jamsostek Bogor II Cileungsi Payment
Point Office
Jl. Raya Cileungsi Jonggol Km. 1 No. 6
Gedung Jamsostek Bogor II
Cileungsi, Kabupaten Bogor
P
: (021) 82495633/82495627
F
: (021)82495627
PICK UP SERVICE
1. 2. 3. 4. Sekolah TK Pembangunan Jaya
Sekolah SD Pembangunan Jaya
Sekolah SMP Pembangunan Jaya
Sekolah SMA Pembangunan Jaya
MAIN BRANCH OFFICE
Balikpapan
Branch
Komplek Balikpapan Permai
Jl. Jend. Sudirman No. 23,
Balikpapan 76114
P
: (0542) 427779 (hunting)
F
: (0542) 427774
Supporting Branch
Karang Jati Supporting Branch
Jl. Jend. A. Yani No. 499, Rt. 14
Karang Jati, Balikpapan
P
: (0542) 424242
F
: (0542) 735817
Banda Aceh
Branch
Jl. Tgk HM Daud Beureueuh No. 19
Banda Aceh 23122
P
: (0651) 22011 (hunting) /22131
F
: (0651) 31060
Telex : 54155 BUKI BA IA
Supporting Branch
Mohd. Jam Supporting Branch
Jl. Mohd. Jam No. 39
Banda Aceh 23242
P
: (0651) 29380
Cash Office
Prada Cash Office
Jl. Tgk. Nyak Arief No. 238
Banda Aceh 23112
P
: (0651) 555660
Neusu Cash Office
Jl. Hasan Saleh No. 95
Banda Aceh 23124
P
: (0651) 635461
Bandar Lampung
Branch
Jl. Wolter Monginsidi No. 75,
Teluk Betung, Bandar Lampung 35211
P
: (0721) 486066
F
: (0721) 483178
Telex : 26268
Supporting Branch
Diponegoro Supporting Branch
Jl. Diponegoro No. 18/179
Kelurahan Gotong Royong
Bandar Lampung 35119
P
: (0721) 251715/251794
F
: (0721) 253476
Teluk Betung Supporting Branch
Jl. Hasanudin No. 107
Teluk Betung, Bandar Lampung 53522
P
: (0721) 489701/489702
F
: (0721) 482120
Capem Kalianda
Jl. Kesuma Bangsa No. 39
Kalianda, Lampung Selatan 35551
P
: (0727) 322787/322789
F
: (0727) 322786
Cash Office
Dolog Cash Office
Jl. Cut Mutia No. 29,
Bandar Lampung 35214
P
: (0721) 485795
UNILA Cash Office
Gedung Meneng (UNILA)
Jl. Soemantri Brojonegoro No. 1
Bandar Lampung
P
: (0721) 7470692
Setia Budhi Supporting Branch
Jl. Setia Budhi No. 170 B1-2
Bandung
P
: (022) 2034777
F
: (022) 2034998
Darmajaya Cash Office
Kampus STMIK Darmajaya
Jl. Zainal Abidin Pagar Alam
No. 93 Labuhan Ratu Kedaton
Bandar Lampung
P
: (0721) 773703
Buah Batu Supporting Branch
Jl. Buah Batu No. 231A
Bandung
P
: (022) 7317421
F
: (022) 7309440
Payment Point
Diponegoro Supporting Branch
Jl. Diponegoro No. 18/179
Kel. Gotong Royong,
Bandar Lampung 35119
P
: (0721) 251715/251794
F
: (0721) 253476
Satu kantor/lokasi dengan
kantor capem Diponegoro
Dolog Cash Office
Jl. Cut Mutia No. 29,
Bandar Lampung 35214
P
: (0721) 485795
Satu kantor/lokasi dengan
kantor kas Dolog
Darmajaya Cash Office
Kampus STMIK Darmajaya
Jl. Zainal Abidin Pagar Alam No. 93
Labuhan Ratu, Bandar - Kedaton
Lampung
P
: (0721) 773703
Satu kantor/lokasi dengan
kantor kas Darmajaya
Bandung
Branch
Jl. Sumatera No. 23
Bandung 4011
P
: (022) 4234569 (hunting)
F
: (022) 4235081
Telex : 28603 BKOPIN A
Supporting Branch
Caringin Supporting Branch
Jl. Soekarno Hatta No. 234
Pasar Induk Caringin Kav. A1 3-4
Bandung 40286
P
: (022) 5413600, 5413700
F
: (022) 5413800
Bandung Electronic Center (BEC)
Supporting Branch
Jl. Purnawarman No. 13 - 15
Bandung
P
: (022) 4208358
F
: (022) 4208357
Antapani Supporting Branch
Jl. Terusan Jakarta No. 53P
Bandung
P
: (022) 7209006
F
: (022) 7205943
Cash Office
Dolog Jabar Cash Office
Jl. Soekarno Hatta No. 711A
Bandung 40286
P
: (022) 7307052
Pangalengan Cash Office
Gd. KPBS Pangalengan
Jl. Raya Pangalengan No. 340
Pangalengan, Bandung 40378
P
: (022) 5979101, 5979102
F
: (022) 5979200
IKOPIN Cash Office
(Gedung IKOPIN)
Jl. Raya Jati Nangor
Ujung Berung Km 20,5, Bandung
P
: (022) 7797687
F
: (022) 7794608
Banjarmasin
Branch
Jl. Pangeran Samudera No. 4
Banjarmasin 7011
P
: (0511) 3357171
F
: (0511) 4365774
Telex : 39171
Bank Bukopin ANNUAL REPORT 2008 307
Supporting Branch
Banjarbaru Supporting Branch
Jl. A. Yani Km 36 No. 24, Rt. 13
Banjarbaru 70700
P
: (0511) 4781962/ 4772949/4772091/4773870
F
: (0511) 4773688
Kuripan Supporting Branch
Jl. Kuripan No. 3 Rt. 9
Banjarmasin 70236
P
: (0511) 3263914/3270127
F
: (0511) 3270034
Cash Office
Dolog Cash Office
Gedung Dolog
Jl. Jend. A. Yani Km. 6
Banjarmasin 70249
P
: (0511) 3263664
F
: (0511) 3263664
STIE Indonesia Cash Office
Gedung STIE Indonesia
Jl. Kayu Tangi No. 9
Banjarmasin 70123
P
: (0511) 3307570
F
: (0511) 3307569
Sentra Antasari Cash Office
Komplek Pertokoan Sentra Antasari
Lantai 1 Blok A No. 002/003
Banjarmasin 70234
P
: (0511) 3254849
F
: (0511) 3255659
Payment Point
Pelindo III Payment Point
Jl. Barito Hilir No. 6
PelabuhanTri Sakti, Banjarmasin
P
: (0511) 7475001
BATAM
Branch
Jl. Sultan Abdul Rahman No. 1
Komplek Sulaiman Blok A No. 7 & 8
Nagoya, Batam 29444
P
: (0778) 458 725 (hunting)
F
: (0778) 458 750
Supporting Branch
Penuin Supporting Branch
Komplek Pertokoan Citra Mas Baloi
Blok A No. 22
Penuin, Batam 29436
P
: (0778) 429 929, 433680
F
: (0778) 429 927
308 Bank Bukopin ANNUAL REPORT 2008
Batam Center Supporting Branch
Komplek Perumahan Citra Indah
Blok A3 No.8 Batam Center
Batam 29421
P
: (0778) 468 749, 469044
F
: (0778) 468 750
Supporting Branch
Batu Aji Supporting Branch
Kompleks Sagulung Mas Indah
Blok B No. 4
Sagulung, Batam 29422
P
: (0778) 393 062, 392934
F
: (0778) 393 062
Tangerang Supporting Branch
Jl. Merdeka No. 50
Grendeng, Tangerang
P
: (021) 55760424 - 26
F
: (021) 55760427
Bogor
Branch
Jl.Ir. H. Juanda No. 36
Bogor 16122
P
: (0251) 363636 (hunting)
F
: (0251) 315646
Supporting Branch
Cibinong Supporting Branch
Ruko Centra Cibinong
Blok 12A & 12B,
Jl. Mayor Oking Jayatmaja No. 63,
Ciriung Cibinong
P
: (021) 8790 2949 - 50
F
: (021) 87903267
Cash Office
RS PMI Cash Office
RS Palang Merah Indonesia Bogor
Jl. Raya Pajajaran No. 80
Bogor
P
: (0251) 362020
F
: (0251) 361044
Warung Jambu Cash Office
Komplek Ruko Warung Jambu No. A11
Jl. Raya Padjajaran
Bogor
P
: (0251) 350 888/385888
F
: (0251) 387582
Jamsostek Cash Office
Jl. Pemuda No. 8A
Tanah Sareal, Bogor
P
: (0251) 362626
F
: (0251) 358929
Cilegon
Branch
Jl. Sultan Ageng Tirtayasa No. 17
Cilegon
P
: (0254) 386460 - 386461
F
: (0254) 386459
Serang Supporting Branch
Jl. Mayor Syafe’I No. 57
Serang
P
: (0254) 213231
F
: (0254) 213615
Cash Office
Anyer Cash Office
Jl. Raya Sirih 13
Pasar Anyer, Serang
P
: (0254) 602145
Merak Cash Office
Jl. Raya Pelabuhan Merak No. 78
Cilegon
P
: (0254) 572424
F
: (0254) 572424
Jamsostek Balaraja Cash Office
Komplek Citra Raya
Jl. Boulevard Blok K 1 No. 28
Ruko Citra Raya
Cikupa Tangerang
P
: (021) 5961155
F
: (021) 5961155
RS Krakatau Medika Cash Office
Komplek Krakatau Steel
RS. Krakatau Medika
Jl. Semang Raya
Cilegon
P
: (0254) 384154
F
: (0254) 384154
Cirebon
Branch
Jl. Dr. Cipto Mangunkusumo No. 101
Cirebon 45115
P
: (0231) 230707 (hunting)
F
: (0231) 230606
Telex : 28129
Supporting Branch
Plered Supporting Branch
Jl. Raya Cirebon - Bandung No. 9B
Cirebon 45154
P
: (0231) 323658
F
: (0231) 323658
Indramayu Supporting Branch
Jl. Jend. Sudirman No. 29A
Indramayu, Cirebon 45212
P
: (0234) 272307
F
: (0234) 272306
Kuningan Supporting Branch
Jl. Siliwangi No. 65
Kuningan, Jawa Barat 45512
P
: (0232) 872007
F
: (0232) 872006
Payment Point
Jamsostek Payment Point
Jl. Evakuasi No. 11B
Cirebon 45135
P
: (0231) 485660 ext. 315/
490580
Denpasar
Branch
Jl. Dewi Sartika blok 1 ABC
Denpasar 80114
P
: (0361) 232842 (hunting)
F
: (0361) 235005
Telex : 23523
Jember
Kupang
Branch
Jl. Gadjah Mada 59/59A
Jember
P
: (0331) 482043 (hunting)
F
: (0331) 482204
Branch
Jl. Tompello No. 04
Kupang 85112
P
: (0380) 833647
F
: (0380) 831622
Telex : 35570
Cash Office
Bondowoso Cash Office
Jl. Veteran 3
Bondowoso
P
: (0332) 424542; 424621
F
: (0332) 424531
Karawang
Branch
Jl. Ahmad Yani No. 92
Karawang
P
: (0267) 404545/404646
F
: (0267) 404567
Supporting Branch
Cash Office
Teluk Jambe Cash Office
Jl. Raya Teluk Jambe No. 5
Karawang 41361
P
: (0267) 644545/644646
F
: (0267) 644567
Kreneng Supporting Branch
Jl. Kamboja No. 41
Denpasar 80232
P
: (0361) 237221/235922
F
: (0361) 237662
Cikampek Cash Office
Jl. Terminal No. 148
Cikampek, Karawang 41373
P
: (0264) 304545/304646
F
: (0267) 304567
Kuta Supporting Branch
Jl. Raya Kuta No. 323
Kuta 80361
P
: (0361) 761895/761897
PLN Karawang Kota Cash Office
Jl. Kertabumi No. 136
Karawang
P
: (0267) 414545
F
: (0267) 414545
Kediri Supporting Branch
Jl. A. Yani No. 9
Kediri Tabanan, Bali 81221
P
: (0361) 810817/810819
Cash Office
Gunung Agung Cash Office
Jl. Gunung Agung No. 70
Denpasar
P
: (0361) 427682
Jambi
Branch
Jl. Halim Perdana Kusuma No. 40-42
Jambi 36124
P
: (0741) 7553355
F
: (0741) 7553354
Payment Point
Payment Point PLN Cikampek
Jl. Ir. H Juanda
Cikampek
P
: (0264) 316468
PLN Kosambi Payment Point
Jl. Raya Kosambi No. 22
Karawang
P
: (0267) 433872
PLN Rengas Dengklok Payment Point
Jl. Raya Rengas Dengklok No. 17
Karawang
P
: (0267) 480265
Cash Office
Naikoten I Sylvia Hotel Cash Office
Jl. Jend. Soeharto No. 53
Kupang 85118
P
: (0380) 823184
PUSKUD Cash Office
Gd. Puskud NTT
Jl. Arief Rahman Hakim No. 1
Walikota, Kupang 85228
P
: (0380) 830352
Payment Point
Unkris Payment Point
Universitas Kristen Artha Wacana
Jl. Adi Sucipto Penfui
Kupang 85361
P
: (0380) 8081337/8081330
Pick Up Service
Wartel Kopegtel Pick Up Service
Jl. Urip Sumoharjo
Kupang
P
: (0380) 831000
Wartel Kopegtel Pick Up Service
Jl. Timor Raya Kupang
P : (0380) 882116
Toko Buku Semangat Pick Up Service
Jl. Jend. Sudirman
Kupang
P
: (0380) 831034
Balai Pengobatan Advent Pick Up
Service
Jl. Jend. Soeharto
Kupang
P
: (0380) 832016
SD Muhammadiyah Pick Up Service
Jl. Gunung Mutis
Kupang
P
: (0380) 832733
CV Gunung Mas Pick Up Service
Jl. Pulau Indah
Kupang
P
: (0380) 829848
Bank Bukopin ANNUAL REPORT 2008 309
Toko Trisakti Pick Up Service
Jl. Jend. Sudirman
Kupang
P
: (0380) 831008
PT. Priston Travel Pick Up Service
Jl. Bakti Karya No. 1
Kupang
P
: (0380) 829822
STIMIK Pick Up
Jl. Adi Sucipto Penfui
Kupang
P
: (0380) 8016905
Flobamora Mall Pick Up Service
Jl. W.J. Lalamentik
Kupang
P
: (0380) 840301
Makasar
Branch
Jl. Slamet Riyadi No. 2
Makassar 9011
P
: (0411) 320740
F
: (0411) 320747
Telex : 71568 BKOPIN IA
Supporting Branch
Pangkep Supporting Branch
Jl. Kemakmuran No. 53
Kabupaten Pangkep, Makassar
P
: (0410) 22454
F
: (0410) 22454
Panakukang Supporting Branch
Jl. Pengayoman Ruko Mirah II-20
Panakukang, Makassar
P
: (0411) 452991
F
: (0411) 452826
Cendrawasih Supporting Branch
Jl. Cendrawasih No. 155
Makassar
P
: (0411) 854666
F
: (0411) 854222
Cash Office
Dolog Cash Office, Gedung Bulog
Jl. A.P. Pettarani
Makassar
P
: (0411) 872853
F
: (0411) 872853
BPLP Cash Office
Jl. Tentara Pelajar No. 173
Makassar
P
: (0411) 327113
F
: (0411) 327113
310 Bank Bukopin ANNUAL REPORT 2008
Semen Tonasa Cash Office
Gedung Kantor Semen Tonasa Lt. 1
Kec. Minasa Tone, Kab. Pangkep
P
: (0410) 310056
F
: (0410) 310056
Malang
Branch
Jl. Semeru No. 35
Malang 6511
P
: (0341) 365709
F
: (0341) 365820
Supporting Branch
Pasuruan Supporting Branch
Jl. Pahlawan 11A
Pasuruan
P
: (0343) 429203
F
: (0343) 429205
Kepanjen Supporting Branch
Jl. Kawi No. 37 Blok A-6
Kepanjen
P
: (0341) 393662
F
: (0341) 393691
Cash Office
Blimbing Cash Office
Jl. Letjend. S. Parman 122A
Malang
P
: (0341) 406155
F
: (0341) 490274
Batu Cash Office
Jl. Diponegoro 16
Batu, Malang
P
: (0341) 598094
F
: (0341) 598093
Dinoyo Cash Office
Jl. Tlogomas 61J
Malang
P
: (0341) 557921
F
: (0341) 557921
Payment Point
Payment Point Malang
Jl. Semeru 35
Malang
P
: (0341) 365709
F
: (0341) 365820
Manado
Branch
Jl. Piere Tendean Komplek Mega Mas
Blok I A1 No. 26
Manado, Sulawesi Utara 9511
P
: (0431) 879777/879725
/879456
F
: (0431) 875999
Cash Office
Calaca Cash Office
Jln. Sisingamangaraja No. 7
Manado
P
: (0431) 841669
F
: (0431) 841669
Mataram
Branch
Jl. Pejanggik No. 24B
Cakranegara Mataram - 83115
Nusa Tenggara Barat
P
: (0370) 63511
F
: (0370) 637807
Medan
Branch
Jl. Gadjah Mada No. 23B
Medan 20153
P
: (061) 4152245/4529266
/4150453
F
: (061) 4529228
Telex : 51450
Supporting Branch
AR Hakim Supporting Branch
Jl. Arief Rahman Hakim No. 92B,
Medan
P
: (061) 7356447/7360023
F
: (061) 7346463
Binjai Supporting Branch
Jl. Sudirman No. 99
Binjai
P
: (061) 8828927/8829685
F
: (061) 8828927
Graha Telkom Supporting Branch
Jl. Putri Hijau No. 1
Medan
P
: (061) 4530299/4530412
/4524777
F
: (061) 4530352
Cash Office
UMSU Cash Office
Jl. Gedung Arca No. 53
Medan 20217
P
: (061) 7343815
Telex : 25342
Dolog Cash Office
Jl. Gatot Subroto No. 180
Medan 20118
P
: (061) 8451433
RSU Pirngadi Cash Office
Jl. M. Yamin No. 47
Medan 20234
P
: (061) 4571641/4574751
F
: (061) 4573853
RSU Adam Malik Cash Office
Jl.Bunga Lau No. 17
Medan
P
: (061) 8365778
PLN Cash Office
Jl. Listrik No. 8
Medan
P
: (061) 4579055
Setia Budi Cash Office
Jl. Setia Budi No. 5
Medan 20118
P
: (061) 8222517
F
: (061) 8222518
Medan Fair Cash Office
Jl. Gatot Subroto No. 30
Medan 20118
P
: (061) 4140644/4140554
F
: (061) 4140624
Payment Point
Payment Point Jamsostek Binjai
Jl. Soekarno Hatta No. 121
Medan
P
: (061) 8829959
TANJUNG PINANG
Tanjung Pinang
Jl. Ketapang No. 609 I, J, K
Tanjung Pinang 29112,
Kelurahan Kamboja
Propinsi Kepulauan Riau
P
: (0771) 27700 (hunting)
F
: (0771) 27600/28100/312244
Padang
Branch
Jl. Jend. Sudirman No. 4
Padang 25113
P
: (0751) 31821
F
: (0751) 32073
Telex : 55237
Supporting Branch
M. Yamin Supporting Branch
Jl. Prof. M. Yamin No. 129
Padang
P
: (0751) 38695/38382
F
: (0751) 22544
Tabing Supporting Branch
Jl. Prof. Dr. Hamka No. 121
Padang
P
: (0751) 7052983/705303
UPI Supporting Branch
Jl. Raya Lubuk Begalung
Kampus UPI - YPTK
P
: (0751) 777610
F
: (0751) 777610
Cash Office
Bung Hatta Cash Office
Jl. Sumatera Ulak Karang
Kampus UBH Padang
P
: (0751) 7055575
PLN Rayon Belanti Cash Office
Kantor PLN Rayon Belanti
Jl. Khatib Sulaiman No. 44
P
: (0751) 7057953
Cash Office
Dolog Cash Office (Gedung Dolog)
Jl. Perintis Kemerdekaan No. 1
Palembang 30114
P
: (0711) 713262/716545
F
: (0711) 716545
Ilir Barat Permai Cash Office
Komplek Ilir Barat Permai Blok D1
No. 58 Kel. 24 Ilir Kec. Ilir Barat I
Palembang
P
: (0711) 310826/352549
F
: (0711) 310826
Pare-pare
Branch
Jl. Andi Makkasau No. 59F
Parepare, Sulawesi Selatan 91133
P
: (0421) 27799
F
: (0421) 27766
Supporting Branch
Sidrap Supporting Branch
Jl. A.Yani No. 23
Pangkajene, Kabupaten Sidrap 91611
P
: (0421) 96556
F
: (0421) 96553
Pekanbaru
Branch
Jl. Jend. Sudirman No. 420-422
Pekanbaru, Riau 28000
P
: (0761) 43997
F
: (0761) 43897
Telex : 56256 BKOPIN IA
Palembang
Supporting Branch
Branch
Jl. Kapten A. Rivai No. 5
Palembang 30129
P
: (0711) 372727/372883/
372884
F
: (0711) 372876/369721
Telex : 48064
Hangtuah Supporting Branch
Jl. Hangtuah No. 87
Pasar Sail, Pekanbaru
P
: (0761) 34165
F
: (0761) 34217
Supporting Branch
16 Ilir Supporting Branch
Jl. Masjid Lama No.169, 17 Ilir
Palembang
P
: (0711) 321918/321828
F
: (0711) 321838
Cash Office
Tambusai Cash Office
Jl. Tambusai No. 14
Pekanbaru
P
: (0761) 62384
F
: (0761) 63189
Rumbai Cash Office
Komplek Perkantoran Main Office
Chefron, Rumbai
P
: (0761) 592485
Bank Bukopin ANNUAL REPORT 2008 311
PLN Sutomo Cash
Kantor PLN Sutomo
Jl. Dr. Sutomo No. 69
Pekanbaru
P
: (0761) 853435
F
: (0761) 853433
Payment Point
Hangtuah Payment Point
Jl. Hangtuah No. 87
Pasar Sail, Pekanbaru
P
: (0761) 34165
F
: (0761) 34217
Pontianak
Branch
Jl. Ir. H. Juanda No. 55-56
Pontianak 78117
P
: (0561) 745025 (hunting)
F
: (0561) 734253
Supporting Branch
Sultan Muhammad Supporting Branch
Jl. Sultan Muhammad No. 48
Pontianak 78117
P
: (0561) 730001/730077
F
: (0561) 730132
Cash Office
Kantor PLN
Jl. Adi Sucipto Km. 7,5
Pontianak
P
: (0561) 730001/730077
F
: (0561) 730132
Probolingo
Branch
Jl. Soekarno Hatta No. 58
Probolinggo 67219
P
: (0335) 436888/436889
F
: (0335) 436988
Purwokerto
Branch
Pertokoan Nusantara
Jl. Jend. Sudirman Ruko Nusantara No. 1
Purwokerto 53115
P
: (0281) 624038 (hunting)
F
: (0281) 621963
Supporting Branch
Purbalingga Supporting Branch
Jl. Ahmad Yani No. 5 Blok I
Purbalingga 53312
P
: (0281) 893354
312 Bank Bukopin ANNUAL REPORT 2008
Samarinda
Branch
Jl. Jend Sudirman No. 1
Samarinda 7511
P
: (0541) 732050
F
: (0541) 732052
Telex : 38277
Supporting Branch
A. Yani Supporting Branch
Jl. Ahmad Yani No. 88C
Samarinda 7511
P
: (0541) 745484/748876
F
: (0541) 746613
Semarang
Branch
Pandanaran
Jl. Pandanaran No. 125
Semarang 50241
P
: (024) 8412132
F
: (024) 8414081
Telex : 22630 BUKISM IA
Supporting Branch
Salatiga Supporting Branch
Atrium Plaza Ruko No. 8
Jl. Jend. Sudirman
Salatiga 50712
P
: (0298) 312755
F
: (0298) 315049
Cash Office
Candi Plaza Cash Office
Jl. Sultan Agung No. 90A
Semarang
P
: (024) 8313545
Gedung PIP Cash Office
Jl. Singosari No. 2A
Semarang 50242
P
: (024) 8317239
Kantor Kas Gedung Puskud Jeteng
Jl. Abdurrahman Saleh No. 11
Semarang 50145
P
: (024) 7614186
Gedung Pelindo III Cash Office
Jl. Coaster No. 10
Semarang 50177
P
: (024) 3567833
Gedung Dolog Jateng Cash Office
Jl. Menteri Supeno I No. 1
Semarang 50243
P
: (024) 8312894
Srondol Cash Office
Ruko Srondol Duta Asri
Jl. Perintis Kemerdekaan No.178D
Srondol, Semarang 50269
P
: (024) 7498220
Universitas Kristen Satya Cash Office
Jl. Diponegoro No. 52-60
Salatiga 50711
P
: (0298) 316003
F
: (0298) 316004
Solo
Branch
Jl. Sudirman No. 10
Solo 5711
P
: (0271) 665252 (hunting)
F
: (0271) 669292
Telex : 25342
Supporting Branch
Boyolali Supporting Branch
Jl. Pandanaran Ruko C2- D2
Boyolali 57316
P
: (0276) 321283
F
: (0276) 321282
Klaten Supporting Branch
Jl. Pemuda Utara No. 82
Klaten 57414
P
: (0272) 321835
F
: (0272) 322522
Sragen Supporting Branch
Jl. Raya Sukowati No. 170
Sragen 57211
P
: (0271) 890979
F
: (0271) 890978
Slamet Riyadi Supporting Branch
Jl. Slamet Riyadi No. 183
Solo 57151
P
: (0271) 642457
F
: (0271) 646320
(posisi menjadi capem thn 2007)
Cash Office
Singosaren Cash Office
Jl. Slamet Riyadi No. 183
Solo 57151
P
: (0271) 651406
F
: (0271) 651406
Palur Cash Office
Jl. Raya Solo Palur No. 18
Palur, Solo 57151
P
: (0271) 825749
F
: (0271) 825749
RS Islam (Yarsis) Rumah Sakit Islam
(Yarsis) Cash Office
Jl. A.Yani Pabelan Kartosuro
Sukoharjo, Solo 57161
P
: (0271) 729817
Darmo Supporting Branch
Jl. Raya Darmo No. 30
Surabaya 60265
P
: (031) 5618158/5618160
F
: (031) 5618157
RS. Panti Waluyo Cash Office
Jl. Ahmad Yani No. 1
Solo
P
: (0271) 737214
Mojokerto Supporting Branch
Jl. Jaya Negara No. 17 Kav. 2
Komplek Puri Mojopahit
Mojokerto 61231
P
: (0321) 329331/329332
F
: (0321) 329330
Payment Point
Payment Point Kampus UMS
Kampus Universitas Muhammadiyah
Surakarta (UMS)
Jl. Ahmad Yani
Pabelan, Surakarta
P
: (0271) 730280
F
: (0271) 730280
Payment Point Gedung PLN
Komplex gedung PLN Surakarta
Jl. Slamet Riyadi No. 408
Surakarta, Solo
P
: (0271) 722091/7002844
Surabaya
Branch
Jl. Raya Gubeng No. 11
Surabaya 60281
P
: (031) 5013270 (hunting)
F
: (031) 5013269
Telex : 31785
Supporting Branch
Sidoarjo Supporting Branch
Jl. A. Yani No. 27
Sidoarjo 61212
P
: (031) 8921082/8921091
F
: (031) 8921871
Gresik Supporting Branch
Komplek Pertokoan Multi Sarana
Plaza Blok A No. 4
Jl. Gubernur Suryo
Gresik 6118
P
: (031) 3985571/3987978
F
: (031) 3981562
Dolog Jatim Supporting Branch
Jl. A. Yani No. 146 - 148
Surabaya 60231
P
: (031) 8287576/8287577
/8292439
F
: (031) 8292338
Perak Supporting Branch
Jl. Perak Barat No. 61
Surabaya 60177
P
: (031) 3540533/3540534
F
: (031) 3537223
Mayjen Sungkono Komplek
Supporting Branch
Darmo Park I Blok II No. 4
Jl. Mayjend. Sungkono
Surabaya 60256
P
: (031) 5667257/5680816
F
: (031) 5667267
Mulyosari Supporting Branch
Jl. Mulyosari No. 152
Surabaya 60113
P
: (031) 5911466
F
: (031) 5923518
Cash Office
Kantor Kas RS. Mitra Keluarga
Jl. Satelit Indah II Darmo Park Satelit
Surabaya 60187
P
: (031) 7346453
F
: (031) 7346453
Jamsostek Sidoarjo Cash Office
Jl. Pahlawan Komplek Perumahan
Taman Pinang Blok A2 No. 1-4
Sidoarjo
P
: (031) 8945592
Jamsostek Perak Cash Office
Jl. Perak Timur No. 82
Surabaya 60164
P
: (031) 70312192
Jamsostek Gresik Cash Office
Jl. Dr. Wahidin Sudiro Husodo No. 121
Gresik 61121
P
: (031) 3990618
Tasikmalaya
Branch
Jl. Sutisna Senjaya 72
Tasikmalaya
P
: (0265) 340800
F
: (0265) 312872
Cash Office
Ciamis Cash Office
Jl. Jend. Sudirman 41
P
: (0265) 778171
F
: (0265) 778170
Tegal
Branch
Jl. Gadjah Mada No. 113
Tegal 52112
P
: (0283) 340100
F
: (0283) 340123/324280
Yogyakarta
Branch
Jl. P. Diponegoro 99/11
Yogyakarta 55232
P
: (0274) 513531 (hunting)
F
: (0274) 513510
Telex : 25253
Supporting Branch
Kaliurang Supporting Branch
Jl. Kaliurang Km. 5 No. 97
Sleman, Yogyakarta 55281
P
: (0274) 565713/565714
F
: (0274) 565269
Suryotomo Supporting Branch
Jl. M. Suryotomo No. 23
Yogyakarta
P
: (0274) 561191/586278
F
: (0274) 561191
Bantul Supporting Branch
Jl. Jend. Sudirman No. 120
Bantul, Yogyakarta
P
: (0274) 367023
F
: (0274) 367023
Cash Office
Dolog Cash Office
Gedung Dolog DIY
Jl. Suroto No. 6
Yogyakarta
P
: (0274) 561095
F
: (0274) 561095
Bank Bukopin ANNUAL REPORT 2008 313
Sharia Bukit Tingi
Payment Point Akprind
Kampus Akprind
Jl. Kalisahak No. 28
Yogyakarta
P
: (0274) 546417
Kusumanegara Cash Office
Hotel Bumi Asih
Jl. Kusumanegara No. 70
Yogyakarta
P
: (0274) 387645
F
: (0274) 387645
Branch
Jl. Perintis Kemerdekaan No. 16
Bukit Tinggi
P
: (0752) 627420
F
: (0752) 627421
Payment Point STTNAS
Kampus STTNAS
Jl. Babarsari No. 1
Yogyakarta
P
: (0274) 7165576
RS. Sardjito Cash Office
RS. Sardjito
Jl. Kesehatan No. 1
Yogyakarta
P
: (0274) 557918
F
: (0274) 557918
Supporting Branch
SHARIA OFFICE
UII Condong Catur Cash Office
Kampus Fakultas Ekonomi UII
Condong Catur Sleman
Jl. Ringroad Utara
Sleman, Yogyakarta
P
: (0274) 881758
F
: (0274) 881758
Sharia Jakarta
UAD Cash Office
Kampus Universitas Ahmad Dahlan
Jl. Dr. Soepomo
Janturan, Yogyakarta
P
: (0274) 7187120
Kramat Jati Supporting Branch
Ruko Kokan Anggatra PP 6-A1
PUSDISKES
Jl. Raya Bogor Kramat Jati
Jakarta Timur
P
: (021) 80877075
F
: (021) 8093224
Branch
Jl. Melawai Raya No. 5
Jakarta Selatan 12160
P
: (021) 2700072
F
: (021) 2702292/2702293
Supporting Branch
Payment Point Office
Payment Point STIE “YO”
Kampus STIE “YO”
Jl. Glagahsari No. 63
Yogyakarta
P
: (0274) 380396
Sharia Payakumbuh Supporting
Branch
Jl. Jend. Sudirman No. 14
Payakumbuh
P
: (0752) 90844/90845
F
: (0752) 90847
Sharia Medan
Branch
Jl. S. Parman No.77
Medan, Sumatera Utara 20112
P : (061) 4523577
F : (061) 4523677
Sharia Surabaya
Branch
Jl. Raya Darmo No. 136
Surabaya
P
: (031) 5636485 (hunting)
/5636486/ 5636487
F
: (031) 5681274
Sharia Bandung
Branch
Jl. Laksamana Laut R.E Martadinata
No. 142
Bandung 40113
P
: (022) 7213373
F
: (022) 7213380
Growth Network Services PT Bank Bukopin Tbk.
Network
2007
2008
Branch Office
40
41
1
Supporting Branch Office
82
88
6
124
129
5
Payment Point
34
36
2
Pick up Services
31
33
2
311
333
22
Cash Office
ATM
314 Bank Bukopin ANNUAL REPORT 2008
Growth
Capital Market Supporting
Institutions and Profession
a. Stock Exchange
PT Bursa Efek Indonesia
Gedung Bursa Efek Jakarta - Tower 1, 10th Floor
Kawasan Niaga Terpadu Sudirman
Jl. Jend. Sudirman Kav. 52-53
Jakarta 12190
Ticker Code : BBKP
Listed in Indonesia Stock Exchange
dated 10 July 2006
b. Share Registrar
PT Datindo Entrycom
Wisma Diners Club Annex
Jl. Jenderal Sudirman Kav. 34-35
Jakarta 10220
c. Custodian
PT Kustodian Sentral Efek Indonesia
Gedung Bursa Efek Jakarta Lt.5
Jl. Jend. Sudirman Kav. 52-53
Jakarta 12190
e. Notary
Notaris Lindasari Bachroem SH
Jl. Cianjur No. 8
Jakarta Pusat
f. Trustee
PT Bank Mandiri (Persero) Tbk.
Plaza Mandiri Lt. 22
Jl. Jend. Gatot Subroto Kav. 36-38
Jakarta 12190
g. Rating Agency
PT Pemeringkat Efek Indonesia (Pefindo)
Setiabud i Atrium Lt. 8 Suite 809-810
Jl. HR. Rasuna Said Kav. 62, Kuningan
Jakarta 12920
h. Public Accountant Office
Purwantono, Sarwoko & Sandjaja
Gedung Bursa Efek Indonesia, Tower 2 Lt. 7
Kawasan Niaga Terpadu Sudirman
Jl. Jend. Sudirman Kav. 53-54
Jakarta 12190
d. Legal Consultant
Hadiputranto, Hadinoto & Partners
Gedung Bursa Efek Jakarta - Tower 2, 21th Floor
Kawasan Niaga Terpadu Sudirman
Jl. Jend. Sudirman Kav. 52-53
Jakarta 12190
For further information,
please contact:
Investor Relation
Gedung Bank Bukopin
Jl. MT. Haryono Kav. 50-51
Jakarta 12770, Indonesia
Tel. (62-21) 7988266, 7989837
Fax. (62-21) 7986337
E-mail : [email protected]
www.bukopin.co.id
Bank Bukopin ANNUAL REPORT 2008 315
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316 Bank Bukopin LAPORAN TAHUNAN 2008