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CIMB Niaga: Quarterly Consolidated Financial Statements - 30 June 2019

IM Insights
By IM Insights
1 week ago
CIMB Niaga: Quarterly Consolidated Financial Statements - 30 June 2019

Provision, Receivables, Reserves

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  1. CONSOLIDATED FINANCIAL STATEMENTS AND OTHER FINANCIAL INFORMATION STATEMENTS OF FINANCIAL POSITION 30 June 2019 and 31 December 2018 (in million Rupiah) No. ACCOUNTS BANK CIMB NIAGA 30 June 2019 CONSOLIDATED 31 December 2018 30 June 2019 31 December 2018 ASSETS 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13. 14. 15. 16. 17. 18. 19. Cash Placement with Bank Indonesia Placement with other banks Spot and derivatives receivables Marketable securities a. Measured at fair value through profit and loss b. Available for sale c. Hold to maturity d. Loan and receivables Securities sold under repurchase agreement Securities purchased under resale agreement Acceptance receivables Loans a. Measured at fair value through profit and loss b. Available for sale c. Hold to maturity d. Loan and receivables Sharia financing Investments Allowance for impairment losses on financial assets -/a. Marketable securities b. Loans c. Others Intangible assets Accumulated amortisation on intangible assets -/Fixed assets and equipment Accumulated depreciation on fixed assets and equipment -/Non productive assets a. Abandoned properties b. Foreclosed assets c. Suspense accounts d. Inter-office assets i. Conducting operational activities in Indonesia ii. Conducting operational activities outside Indonesia Allowance for impairment losses on non financial assets -/Financing lease Deferred tax assets Other assets TOTAL ASSETS 3,665,322 23,786,366 4,768,707 994,813 4,290,614 19,213,108 3,486,863 1,084,759 3,668,669 23,786,366 4,804,750 994,813 4,293,370 19,213,108 3,556,621 1,084,759 2,959,473 12,127,096 17,761,037 1,065,962 3,707,004 1,932,695 14,467,488 18,314,591 593,593 4,462,483 2,959,473 12,127,096 17,761,037 1,065,962 3,707,004 1,932,695 14,467,488 18,314,591 593,593 4,462,483 160,290,438 27,957,001 832,535 160,002,885 26,510,903 832,535 162,575,057 27,957,001 4,214 161,951,528 26,510,903 4,214 (37,799) (5,332,647) (457,663) 2,767,351 (1,286,454) 8,869,201 (2,535,100) (38,777) (5,951,354) (454,155) 2,791,957 (1,199,048) 8,141,688 (2,694,372) (37,799) (5,445,598) (461,515) 2,793,248 (1,309,380) 8,957,913 (2,607,346) (38,777) (6,098,352) (458,081) 2,817,351 (1,221,073) 8,220,380 (2,767,098) 3,791 54,247 92,272 3,791 196,370 71,197 3,791 62,667 92,272 3,791 207,760 71,197 8,137,711 95,114 9,118,938 4,130 8,395,797 5,106 99,863 9,554,078 270,190,664 265,273,866 271,859,622 266,781,498
  2. CONSOLIDATED FINANCIAL STATEMENTS AND OTHER FINANCIAL INFORMATION STATEMENTS OF FINANCIAL POSITION 30 June 2019 and 31 December 2018 (in million Rupiah) No. ACCOUNTS BANK CIMB NIAGA 30 June 2019 CONSOLIDATED 31 December 2018 30 June 2019 31 December 2018 LIABILITIES AND EQUITY 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13. 14. 15. 16. LIABILITIES Current accounts Saving accounts Time deposits Revenue sharing investment fund Loans from Bank Indonesia Loans from other banks Spot and derivatives payables Securities sold under repurchase agreement Acceptance payables Marketable securities issued Borrowings Security deposits Inter-office liabilities a. Conducting operational activities in Indonesia b. Conducting operational activities outside Indonesia Deferred tax liabilities Other liabilities Profit sharing investment fund TOTAL LIABILITIES 48,491,617 49,175,044 73,130,342 27,171,119 1,655,816 684,097 5,412,748 3,707,004 5,277,908 7,124,544 310,967 43,187,052 48,838,185 75,088,284 23,706,488 2,928,693 684,269 11,940,900 4,462,483 5,369,757 3,567,456 208,862 48,372,797 49,175,044 73,130,342 27,171,119 1,655,816 684,097 5,412,748 3,707,004 5,277,908 7,539,748 310,967 43,117,261 48,838,185 75,088,284 23,706,488 2,928,693 684,269 11,940,900 4,462,483 5,369,757 3,838,333 208,862 70,882 76,090 7,090,154 229,378,332 57,199 6,279,894 226,319,522 70,882 72,767 7,754,687 230,335,926 57,199 6,960,205 227,200,919 EQUITY 17. 18. 19. 20. 21. 22. 23. 24. 25. Paid in capital a. Authorised capital b. Unpaid up capital -/c. Treasury shares -/Addition paid-in capital a. Share premium b. Share discount -/c. Donated capital d. Fund for paid up capital e. Others Other comprehensive income a. Adjustment due to the translation of financial statements in foreign currencies b. Gain/(loss) from changes in value of financial assets in the group of available for sale c. Effective portion of cash flow hedges d. Revaluation surplus of fixed assets e. Portion of other comprehensive income from associates entity f. Remeasurement on defined actuarial program g. Income tax related to other comprehensive income h. Others Difference of quaty reorganization Difference in restructuring entities under common control Other equity Reserves a. General reserves b. Appropriated reserves Transaction with non-controlling interest Profit/(Loss) a. Previous years b. Current year TOTAL EQUITY ATTRIBUTABLE TO OWNERS 26. Non-controlling interest TOTAL EQUITY TOTAL LIABILITIES AND EQUITY 2,900,000 (1,287,743) (249,325) 2,900,000 (1,287,743) (250,321) 2,900,000 (1,287,743) (249,325) 2,900,000 (1,287,743) (250,321) 7,033,450 89,718 7,033,450 86,453 7,033,450 89,718 7,033,450 86,453 - - - - (237,443) 3,533,212 (62,384) - (436,355) 3,077,883 (62,384) - (237,443) 3,533,212 (62,238) - (436,355) 3,077,883 (66,412) - 351,538 - 351,538 - 351,538 (35,723) 351,538 (35,723) 26,845,338 1,895,971 24,236,249 3,305,574 27,510,319 1,976,547 24,724,500 3,482,304 40,812,332 38,954,344 41,522,312 39,579,574 40,812,332 38,954,344 1,384 41,523,696 1,005 39,580,579 270,190,664 265,273,866 271,859,622 266,781,498
  3. CONSOLIDATED FINANCIAL STATEMENTS AND OTHER FINANCIAL INFORMATION STATEMENTS OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME For the period ended 30 June 2019 and 2018 (in million Rupiah, except for earnings per share) BANK CIMB NIAGA No. ACCOUNTS 2019 CONSOLIDATED 2018 2019 2018 OPERATING INCOME AND EXPENSES A. Interest Income and Expenses 1. 2. Interest Income a. Rupiah b. Foreign currencies 9,829,088 747,491 8,900,241 668,134 10,075,223 747,491 9,287,403 668,134 Interest Expenses a. Rupiah b. Foreign currencies 4,180,234 315,868 3,713,438 210,135 4,190,728 315,868 3,757,111 210,135 6,080,477 5,644,802 6,316,118 5,988,291 3,009,243 2,177,000 3,071,061 2,358,418 72,953 - 46,837 - 72,953 - 46,837 - 155,182 959,866 17,362 1,495,190 81,508 227,182 37,955 399,661 129 1,372,654 319,764 155,182 959,866 54 1,547,567 78,100 257,339 37,955 399,661 129 1,390,863 90,629 392,344 6,538,976 5,659,296 6,713,222 5,947,937 490 33,263 - 2,846 - 490 33,263 - 2,846 - 628,632 91,308 628,632 91,308 Net Interest Income B. Operating Income and Expenses Other than Interest 1. Operating Income Other than Interest a. b. c. d. e. f. g. h. i. 2. Increase in fair value of financial assets i. Marketable Securities ii. Loans iii. Spot and derivatives iv. Other financial assets Decrease in fair value of financial liabilities Gain on sale of financial assets i. Marketable securities ii. Loans iii. Other financial assets Gain on spot and derivatives (realised) Dividend Gain on investment under equity method Commission/provision/fee and administration Recovery of allowance for impairment losses Other income Operating Expenses Other than Interest a. b. c. d. e. f. g. h. i. j. k. l. Decrease in fair value of financial assets i. Marketable securities ii. Loans iii. Spot and derivatives iv. Other financial assets Increase in fair value of financial liabilities Loss on sale of financial assets i. Marketable securities ii. Loans iii. Other financial assets Loss on spot and derivatives (realised) Allowance for impairment losses on financial assets i. Marketable securities ii. Loans iii. Sharia financing iv. Other financial assets Losses on operational risk Losses on investment under equity method Commission/provision/fee and administration Impairment losses on other assets (non financial assets) Personnel expenses Promotion expenses Other expenses Net Operating Expenses Other than Interest OPERATING INCOME 1,473,779 111,706 3,045 (1,088) 348,785 1,017 1,944,310 141,798 1,853,239 (3,529,733) 2,550,744 4,518 1,439,656 175,200 510 4,727 310,012 22,169 1,797,167 113,275 1,697,908 (3,482,296) 2,162,506 1,483,762 111,706 3,045 (1,088) 348,785 1,017 2,045,202 145,955 1,912,453 (3,642,161) 2,673,957 4,518 1,439,656 175,200 510 4,727 310,012 22,477 1,853,680 120,950 1,922,053 (3,589,519) 2,398,772
  4. CONSOLIDATED FINANCIAL STATEMENTS AND OTHER FINANCIAL INFORMATION STATEMENTS OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME For the period ended 30 June 2019 and 2018 (in million Rupiah, except for earnings per share) BANK CIMB NIAGA No. ACCOUNTS NON OPERATING INCOME (EXPENSES) 1. Gain on sale of fixed assets and equipment 2. Gain/(loss) on foreign exchange translation 3. Other non operating income NON OPERATING PROFIT CURRENT PERIOD INCOME BEFORE INCOME TAXES Income Taxes a. Estimated current period tax b. Deferred tax expenses NET INCOME 1. 2. OTHER COMPREHENSIVE INCOME Items that will not be reclassified to profit or loss a. Revaluation surplus of fixed assets b. Loss on defined benefit actuarial program c. Portion of other comprehensive income from associates entity d. Others e. Income tax related items that will not be reclassified to profit or loss Items that will be reclassified to profit or loss a. Adjustment due to the translation of financial statements in foreign currencies b. Gain from changes in value of financial assets in the group of available for sale c. Effective portion of cash flow hedges d. Others e. Income tax related items that will be reclassified to profit or loss 2019 CONSOLIDATED 2018 (436) 19,461 19,025 2,569,769 (620,688) (53,110) 1,895,971 455,329 455,329 198,912 - 2019 2018 341 16,703 17,044 524 2,952 3,476 1,739 20,433 22,172 2,179,550 2,677,433 2,420,944 (265,596) (338,108) 1,575,846 (510,704) - (648,313) (52,683) 1,976,437 459,503 455,329 5,565 (1,391) 198,912 - (326,585) (326,550) 1,767,809 (1,634) (2,179) 545 (510,704) - 265,216 - (680,939) - 265,216 - (680,939) - (66,304) 170,235 (66,304) 170,235 Other comprehensive income of the current period net of applicable income tax CURRENT PERIOD TOTAL COMPREHENSIVE INCOME 654,241 2,550,212 (510,704) 1,065,142 658,415 2,634,852 (512,338) 1,255,471 Net income attributable to: OWNER MINORITY INTEREST CURRENT PERIOD NET INCOME 1,895,971 1,895,971 1,575,846 1,575,846 1,976,547 (110) 1,976,437 1,767,675 134 1,767,809 Total other comprehensive income attributable to: OWNER MINORITY INTEREST CURRENT PERIOD OTHER COMPREHENSIVE INCOME 654,241 654,241 Total comprehensive income attributable to: OWNER MINORITY INTEREST CURRENT PERIOD TOTAL COMPREHENSIVE INCOME 2,550,212 2,550,212 TRANSFER OF PROFIT/(LOSS) TO HEAD OFFICE DIVIDEND EARNINGS PER SHARE - (510,704) (510,704) 1,065,142 1,065,142 - 658,415 658,415 2,634,962 (110) 2,634,852 - (512,338) (512,338) 1,255,337 134 1,255,471 - - - - - 76.04 62.84 79.27 70.54
  5. CONSOLIDATED FINANCIAL STATEMENTS AND OTHER FINANCIAL INFORMATION STATEMENTS OF CASH FLOWS For the period ended 30 June 2019 and 2018 No . A. ACCOUNTS 2018 2019 2018 Cash flows from operating activities: Receipts of interest, fees and commissions income Payments of interests, fees and commissions Other operating income Foreign exchange and derivative gains/(losses) - net Other operating expenses Non operating income - net Cash flow before changes in operating assets and liabilities 11,694,947 (3,997,613) 227,182 361,698 (1,773,157) 110,449 6,623,506 10,438,200 (3,512,928) 319,762 257,165 (2,580,130) 17,511 4,939,580 11,992,956 (3,996,157) 257,338 361,698 (1,700,847) 242,761 7,157,749 10,841,433 (3,519,921) 392,343 (100,502) (2,938,544) 20,632 4,695,441 Changes in assets and liabilities: - Decrease/(increase) in assets: - Trading marketable securities and Government Bonds - Claims on securities bought under reverse repo - Loans - Acceptance claims - Consumer financing receivables (799,134) (472,369) (3,905,971) 755,479 - 2,092,368 (203,945) (3,330,771) 114,497 - (799,134) (472,369) (4,069,068) 755,479 (219,433) 2,092,368 (203,945) (3,739,664) 114,497 1,125,195 - Increase/(decrease) in liabilities: - Deposits from customers - Deposits from other banks - Liabilities on securities sold under repurchase agreement - Acceptance liabilities - Taxes payable Income tax paid during the period 7,148,113 (1,272,877) (6,528,152) (755,479) 8,571 (705,740) 891,524 (2,129,624) (6,093,298) (861,891) (18,755) (813,257) 7,099,084 (1,272,877) (6,528,152) (755,479) (80,229) (710,030) 967,174 (2,129,624) (6,093,298) (861,891) (19,089) (896,429) Cash flows from investing activities: Purchasing of available-for-sale and held-to-maturity marketable securities and government bonds Selling of available-for-sale and held-to-maturity marketable securities and government bonds Decrease in long term investments Proceeds from sale of fixed assets Acquisition of fixed assets Acquisition of intangible assets Net cash used in by investing activities C. CONSOLIDATED 2019 Net cash used in by operating activities B. (in million Rupiah) BANK CIMB NIAGA Cash flows from financing activities: Treasury shares Addition of borrowing Payment of interest and borrowings Payment of principle and interest from bonds and marketable securities issued Dividend paid Net cash used in financing activities Effects on exchange rate differences in cash and cash equivalent Net (decrease)/increase in cash and cash equivalent 95,947 (5,413,572) 105,541 (4,949,265) (931,108) (7,735,103) (931,108) (7,735,103) 4,057,179 (372) (398,090) 16,968 4,243,890 (49,500) 345 (234,861) (101,806) 4,057,179 588 (574,071) 16,464 4,243,890 1,918 (236,038) (102,454) 2,744,577 (3,877,035) 2,569,052 (3,827,787) 996 5,290,735 (1,943,782) (18,972) 1,726,706 (952,745) 996 5,611,903 (2,132,143) (18,972) 1,861,661 (1,924,503) (302,194) (696,485) (298,777) (595,420) (302,194) (696,485) (298,777) (595,420) 2,349,270 26,047 5,215,841 (139,208) (9,429,815) 2,482,077 26,047 5,182,717 (976,011) 357,667 (9,395,396) Cash and cash equivalent at beginning of the period 27,656,200 34,614,685 27,728,714 34,666,436 Cash and cash equivalent at ending of the period 32,872,041 25,184,870 32,911,431 25,271,040 3,665,322 9,884,217 3,474,042 4,136,236 11,918,663 2,916,501 3,668,669 9,884,217 3,510,085 4,141,831 11,918,663 2,997,076 15,196,814 4,094,539 15,196,814 4,094,539 651,646 32,872,041 2,118,931 25,184,870 651,646 32,911,431 2,118,931 25,271,040 Cash and cash equivalent consist of: Cash Current accounts with Bank Indonesia Current accounts with other banks Interbank placement - mature within three months or less since acquisition date Bank Indonesia certificates and Local Bank Certificates - mature within three months or less since acquisition date Total cash and cash equivalents Supplemental cash flows information: Activities not affecting cash flows - - - -
  6. CALCULATION OF CAPITAL ADEQUACY RATIO 30 June 2019 and 2018 (in million Rupiah, except for ratios in percentage) NO. ACCOUNTS 2019 Bank CIMB Niaga I Core Capital (Tier 1) 1 Common Equity Tier (CET 1) 1.1 Paid in Capital (after deducting Treasury Shares) 1.2 Disclosed Reserves 1.2.1 Additional Factor 1.2.1.1 Other Comprehensive Income 1.2.1.1.1 Excess translation adjustment of financial statement 1.2.1.1.2 Potential gain on increase in fair value of financial assets classified as available for sale 1.2.1.1.3 Fixed asset revaluation surplus 1.2.1.2 Other disclosed reserve 1.2.1.2.1 Agio 1.2.1.2.2 General reserve 1.2.1.2.3 Previous years profit 1.2.1.2.4 Current year profit 1.2.1.2.5 Fund for paid-in capital 1.2.1.2.6 Other 1.2.2 Deduction Factor 1.2.2.1 Other Comprehensive Income 1.2.2.1.1 Negative difference arising from translation of financial statement 1.2.2.1.2 Potential loss on decrease in fair value of financial assets classified as available for sale 1.2.2.2 Other disclosed reserve 1.2.2.2.1 Disagio 1.2.2.2.2 Previous years loss 1.2.2.2.3 Current year loss 1.2.2.2.4 Negative differences between regulatory provision and impairment of productive asset 1.2.2.2.5 Negative difference on adjustment of fair value on financial instrument in the trading book 1.2.2.2.6 Required regulatory provision on productive asset 1.2.2.2.7 Other 1.3 1.4 II Supplementary Capital (Tier 2) 1 Capital instrument which can be calculated as Tier 2 2 Agio/Disagio 3 General reserve of required regulatory provision on productive asset (max.1.25% of RWA for Credit Risk) 4 Tier 2 deduction factor 4.1 Sinking Fund 4.2 Investment in tier 2 instruments in other bank 4.3 Cross ownership in other entity acquired by the transition of the law, a grant, or grant will Total Capital 2019 Bank CIMB Niaga RISK WEIGHTED ASSET (RWA) RWA FOR CREDIT RISK RWA FOR MARKET RISK RWA FOR OPERATIONAL RISK TOTAL RWA CAPITAL ADEQUACY RATIO ACCORDING TO RISK PROFILE (%) 1 3,533,212 1 3,533,212 1 3,077,883 1 3,077,883 7,123,168 351,538 26,845,338 1,895,971 - 7,123,168 351,538 27,515,433 1,971,433 - 7,090,461 351,538 24,236,249 1,575,846 - 7,090,461 351,538 24,729,615 1,762,560 - 237,442 237,442 484,882 484,882 54,662 - 62,467 - 141,123 - 141,123 - 2018 Consolidated Bank CIMB Niaga DESCRIPTION Consolidated 175,730,083 1,980,362 27,763,939 205,474,384 177,682,775 1,980,362 29,011,195 208,674,332 177,820,823 2,252,125 26,413,792 206,486,740 179,673,552 2,252,125 27,753,110 209,678,787 9.90 9.90 9.90 9.90 3,323 1,120,816 - 35,045,752 35,045,752 1,385,920 Consolidated 40,433,669 40,433,669 1,362,932 1,117,845 828,321 - 2 Additonal Tier 1 2.1 Capital instrument which can be calculated as AT 1 2.2 Share premium/Share discount 2.3 Deduction factor on additional Tier 1 2.3.1 Investment in AT 1 and/or Tier 2 instruments in other bank 2.3.2 Cross ownership in other entity acquired by the transition of the law, a grant, or grant will Bank CIMB Niaga 38,873,890 38,873,890 1,362,932 - Non controlling interest Deduction Factor of Common Equity Tier 1 1.4.1 Deferred tax calculation 1.4.2 Goodwill 1.4.3 Other intangible assets 1.4.4 Equity investment which can be calculated as deduction factor 1.4.5 Shorftall on the capital of insurance subsidiary 1.4.6 Securitisation exposure 1.4.7 Other deduction factor of Tier 1 1.4.7.1 Investment in AT 1 and/or Tier 2 instruments in other bank 1.4.7.2 Cross ownership in other entity acquired by the transition of the law, a grant, or grant will 2018 Consolidated 1,217,820 828,321 - 36,511,480 36,511,480 1,385,920 38,791 1,221,702 - - - - - - - - - - - - 2,479,234 533,217 1,946,017 2,534,799 533,217 2,001,582 2,387,175 557,241 1,829,934 2,494,898 557,241 1,937,657 41,353,124 42,968,468 37,432,927 39,006,378 2019 Bank CIMB Niaga 2018 Consolidated Bank CIMB Niaga Consolidated Capital Adequacy Ratio Ratio CET1 (%) Ratio Tier 1 (%) Ratio Tier 2 (%) Ratio KPMM (%) 18.92 18.92 1.21 20.13 19.38 19.38 1.21 20.59 16.97 16.97 1.16 18.13 17.41 17.41 1.19 18.60 CET1 FOR BUFFER (%) 10.23 10.69 8.23 8.70 2.500 1.00 2.500 1.00 1.875 0.75 1.875 0.75 PERCENTAGE OF BUFFER MANDATORY FILLED BY THE BANK CAR ALLOCATED From CET1 (%) From AT1 (%) From Tier 2 (%) 8.70 1.20 8.69 1.21 8.74 1.16 8.71 1.19 Capital Conservation Buffer (%) Countercyclical Buffer (%) Capital Surcharge for Bank (%) 6
  7. CONSOLIDATED FINANCIAL STATEMENTS AND OTHER FINANCIAL INFORMATION EARNING ASSETS QUALITY AND OTHER INFORMATIONS 30 June 2019 and 2018 (in million Rupiah) BANK CIMB NIAGA No. 2019 ACCOUNTS Pass I. RELATED PARTIES 1. Interbank placement a.Rupiah b.Foreign currency Spot and derivative claims a.Rupiah b.Foreign currency Securities a.Rupiah b.Foreign currency Securities sold under repurchase agreements (repo) a.Rupiah b.Foreign currency Claims on securities bought under reverse repo a.Rupiah b.Foreign currency Acceptance claims Loans a. Micro, Small and Medium Enterprises (UMKM) i. Rupiah ii. Foreign currency b. Non Micro, Small and Medium Enterprises (UMKM) i. Rupiah ii. Foreign currency c. Restructured loans i. Rupiah ii. Foreign currency d. Loan on property Equity investment Temporary equity investment Other receivable Commitments and contingencies a.Rupiah b.Foreign currency Foreclosed assets 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. II. 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 2018 Special Mention Substandard Doubtful Loss TOTAL Pass Special Mention Substandard - - - - - - - - - - - - - - - - - - - - - - - - 420,466 - Doubtful Loss TOTAL - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - 420,466 - 852,622 - - - - - 852,622 - 284,876 828,321 - - - - - 284,876 828,321 - 303,636 828,321 - - - - - 303,636 828,321 - - - - - - - - - - - - - 316,421 4,442,379 - - - 9,907 316,421 4,452,286 216,063 3,702,196 - - - 10,049 216,063 3,712,245 868,453 126,360 - - - - 868,453 126,360 689,074 213,637 - - - - 689,074 213,637 27,541,266 5,291,340 - - - 15,000 - 27,556,266 5,291,340 32,593,670 6,330,561 - - - 15,000 - 32,608,670 6,330,561 NON-RELATED PARTIES Interbank placement a.Rupiah b.Foreign currency Spot and derivative claims a.Rupiah b.Foreign currency Securities a.Rupiah b.Foreign currency Securities sold under repurchase agreement (repo) a.Rupiah b.Foreign currency Claims on securities bought under reverse repo a.Rupiah b.Foreign currency Acceptance claims Loans a. Micro, Small and Medium Enterprises (UMKM) i. Rupiah ii. Foreign currency b. Non Micro, Small and Medium Enterprises (UMKM) i. Rupiah ii. Foreign currency c. Restructured loans i. Rupiah ii. Foreign currency d. Loan on property Equity investment Temporary equity investment Other receivable Commitments and contingencies a.Rupiah b.Foreign currency Foreclosed assets - - - - - - - - - - - - 1,065,962 3,697,241 9,763 - - - 1,065,962 3,707,004 203,945 4,070,468 - - - - 203,945 4,070,468 21,274,541 609,555 1,014,828 4,657 136,627 - 130,344 - 650,519 - 23,206,859 614,212 23,444,256 656,395 1,861,059 15,325 90,815 - 190,670 - 554,694 - 26,141,494 671,720 132,730,630 20,956,864 5,211,409 667,638 482,571 - 416,322 905,410 2,404,237 230,821 141,245,169 22,760,733 118,376,893 23,790,833 7,210,114 1,312,949 295,688 - 589,258 - 3,524,230 895,478 129,996,183 25,999,260 3,103,954 701,990 41,174,860 3,489 1,712,679 395,185 117,259 2,526,828 - 217,269 237,296 425 - 29,005 905,410 87,261 - 766,744 227,548 725,323 300 - 4,512,157 1,952,207 44,751,568 4,214 1,712,679 2,400,927 848,524 34,990,735 3,489 68,737 842,813 1,217,825 4,081,918 - 74,297 136,482 425 - 176,946 109,626 - 1,563,184 613,614 780,263 300 - 5,058,167 2,679,963 40,099,024 4,214 68,737 65,664,128 18,620,381 594 241,231 78,532 - 15,022 34,181 4,450 65,905,359 18,698,913 54,247 61,727,482 16,413,274 108,608 1,094,652 681,818 - 12,050 81,059 11,743 35,154 381 13,659 62,846,308 17,095,092 238,480
  8. CONSOLIDATED FINANCIAL STATEMENTS AND OTHER FINANCIAL INFORMATION EARNING ASSETS QUALITY AND OTHER INFORMATIONS 30 June 2019 and 2018 (in million Rupiah) BANK CIMB NIAGA No. 2019 ACCOUNTS Pass III. 1. 2. 3. 4. 5. 6. 7. 8. * Special Mention Substandard 2018 Doubtful Loss TOTAL Pass Special Mention Assets pledged as collateral a.To Bank Indonesia b.To other parties Impairment provision on earning assets Required regulatory provision on earning assets Percentage of loans to micro, small, and medium enterprises (UMKM) to total loans Percentage of loans to micro and small enterprises (UMK) to total loans Percentage of micro, small and medium enterprises (UMKM) debtor to total debtor Percentage of micro and small enterprises (UMK) debtor to total debtor Others a. Channeling b. Mudharabah muqayyadah fund channeling c. Written off of earning assets d. Written off of earning assets that has been re-collected e. Charged off of earning assets Loss TOTAL 6,909,787 7,172,196 14.60% 4.32% 7.52% 6.99% 2,137,009 390,297 - 1,909,493 352,402 - ALLOWANCES FOR POSSIBLE LOSSES 30 June 2019 and 2018 (in million Rupiah) 2019 No. ACCOUNTS Allowance for Impairment Individual 4. 5. 6. 7. 8. 9. 10. 11. Doubtful 5,816,544 6,068,563 12.65% 2.50% 2.73% 2.25% point a and b include propety loans and/or restructured loans 1. 2. 3. Substandard OTHER INFORMATION Interbank placement Spot and derivative claims Securities Securities sold under repurchase agreement (repo) Claims on securities bought under reverse repo Acceptance claims Loans Equity investment Temporary equity investment Other receivable Commitment and contingencies Collective 2018 Compulsary Allowance for Possible Losses on Assets General Specific Allowance for Impairment Compulsary Allowance for Possible Losses on Assets Individual General Collective Specific 9,907 15,000 6,137 22,799 47,588 9,948 93,640 9,907 15,000 10,049 15,000 805 28,074 39,183 9,027 102,291 10,049 15,000 2,981,320 555 - 2,351,327 - 36,972 1,653,743 8,318 17,127 68,257 3,662,212 364 15,988 3,102,025 555 - 3,323,780 - 40,705 1,577,703 8,318 687 86,321 4,756,166 364 96,883
  9. CONSOLIDATED FINANCIAL STATEMENTS AND OTHER FINANCIAL INFORMATIONS FINANCIAL RATIOS 30 June 2019 and 2018 No . ACCOUNTS 2019 2018 PROFITABILITY RATIO Consolidated 1. Capital Adequacy Ratio 2. Non-performing Earning Assets and Non-Earning Assets to Total Earning Assets and Non-Earning Assets 3. Non-performing Earning Assets to Total Earning Assets 4. Allowance for Impairment Financial Assets to Total Earning Assets 5. Gross NPL 6. Net NPL 7. Return on Asset (ROA) 8. Return on Equity (ROE) ROE-Shareholder funds 9. Net Interest Margin (NIM) 10. Operating Expenses to Operating Revenues 11. Loan to Deposit Ratio (LDR) 12. Liquidity Coverage Ratio (LCR)* 13. Net Stable Funding Ratio (NSFR)* Bank CIMB Niaga 1. Capital Adequacy Ratio 2. Non performing Earning Assets and Non-Earning Assets to Total Earning Assets and Non-Earning Assets 3. Non-performing Earning Assets to Total Earning Assets 4. Allowance for Impairment Financial Assets to Total Earning Assets 5. Gross NPL 6. Net NPL 7. Return on Asset (ROA) 8. Return on Equity (ROE) 9. Net Interest Margin (NIM) 10. Operating Expenses to Operating Revenues 11. Loan to Deposit Ratio (LDR) 12. Liquidity Coverage Ratio (LCR)* 13. Net Stable Funding Ratio (NSFR)* COMPLIANCE-Bank CIMB Niaga 1. a. Percentage Violation of Legal Lending Limit i. Related Parties ii. Non Related Parties b. Percentage Lending in Excess of The Legal Lending Limit i. Related Parties ii. Non Related Parties 2. Statutory Reserve** a. Primary Statutory Reserve (Rupiah) b. Primary Statutory Reserve (Foreign currency) 3. Net Open Position *** 20.59% 18.60% 1.84% 2.47% 2.52% 2.87% 1.50% 2.04% 10.09% 10.49% 5.41% 80.75% 94.67% 159.42% 106.86% 2.16% 2.84% 3.03% 3.39% 1.87% 1.87% 9.80% 7.90% 5.09% 80.52% 95.93% 108.74% 102.68% 20.13% 18.13% 1.85% 2.50% 2.50% 2.90% 1.51% 1.97% 10.07% 5.25% 81.22% 93.45% 158.83% 106.67% 2.16% 2.84% 2.97% 3.40% 1.88% 1.69% 9.08% 4.86% 81.59% 94.82% 108.92% 102.58% - - - - 6.57% 8.15% 0.65% 6.76% 8.07% 1.72% * ** Position at the end of month report. Calculation of Minimum Statutory Reserve as at 30 June 2019 complies with Bank Indonesia’s Regulation No. 20/3/PBI/2018 dated 3 April 2018 regarding Minimum Statutory Reserve in Rupiah and Foreign Currencies for Conventional Commercial Banks, Sharia Commercial Banks, and Sharia Business Unit and Governor Members Regulation No. 20/20/PADG/2018 dated 30 November 2018 regarding Amendment of Governor Members Regulation No. 20/10/PADG/2018 dated 31 May 2018 regarding Minimum Statutory Reserve in Rupiah and Foreign Currencies for Conventional Commercial Banks, Sharia Commercial Banks, and Sharia Business Unit which effective since 1 December 2018. *** The calculation of NOP including statement of financial position's accounts and administrative accounts.
  10. CONSOLIDATED FINANCIAL STATEMENTS AND OTHER FINANCIAL INFORMATION COMMITMENTS AND CONTINGENCIES 30 June 2019 and 31 December 2018 (in million Rupiah) BANK CIMB NIAGA No. I. ACCOUNTS 30 June 2019 CONSOLIDATED 31 December 2018 30 June 2019 31 December 2018 COMMITTED CLAIMS 1. II. Unused borrowing a. Rupiah b. Foreign currencies 2. Outstanding spot and derivatives (purchased) 3. Others Total Committed Claims COMMITTED LIABILITIES 37,676,280 65,898 37,742,178 57,345,329 563,184 57,908,513 37,676,280 65,898 37,742,178 1. III. Undisbursed loan facilities to debtors a. BUMN i. Committed - Rupiah - Foreign currencies ii. Uncommitted - Rupiah - Foreign currencies b. Others i. Committed ii. Uncommitted 2. Undisbursed loan facilities to other banks a. Committed i. Rupiah ii. Foreign currencies b. Uncommitted i. Rupiah ii. Foreign currencies 3. Outstanding irrevocable L/C a. Foreign L/C b. Local L/C 4. Outstanding spot and derivatives (sold) 5. Others Total Committed Liabilities CONTINGENT CLAIMS 57,345,329 563,184 57,908,513 - - - - - - - 18,395,562 57,502,630 16,622,533 53,377,317 18,395,562 57,502,630 16,622,533 53,377,317 18,631 - 19,961 - 18,631 - 19,961 - 1,757,497 - 1,817,080 - 1,757,497 - 1,817,080 - 1,017,110 1,407,379 52,136,927 324,580 132,560,316 1,701,089 1,831,681 41,307,429 103,849 116,780,939 1,017,110 1,407,379 52,136,927 324,580 132,560,316 1,701,089 1,831,681 41,307,429 103,849 116,780,939 132,936 274,417 10,512 174,449 132,936 274,417 10,512 174,449 593,001 1,000,354 645,244 830,205 593,001 1,000,354 645,244 830,205 3,557,661 947,802 4,505,463 3,545,590 959,856 4,505,446 #REF! 3,557,661 947,802 4,505,463 3,545,590 959,856 4,505,446 #REF! 1. IV. Received gurantees a. Rupiah b. Foreign currencies 2. Accrued interest a. Loan interest b. Other interest 3. Others Total Contingent Claims CONTINGENT LIABILITIES - 1. 2. Issued guarantees a. Rupiah b. Foreign currencies Others Total Contingent Liabilities
  11. CONSOLIDATED FINANCIAL STATEMENTS AND OTHER FINANCIAL INFORMATION SPOT AND DERIVATIVE TRANSACTIONS 30 June 2019 No . A. B. TRANSACTIONS Exchange Rate Related 1. Spot 2. Forward 3. Option a. Written b. Purchased 4. Future 5. Swap 6. Other Interest Rate Related 1. Forward 2. Option a. Written b. Purchased 3. Future 4. Swap 5. Other C. Notional Amount Hedging (in million Rupiah) BANK CIMB NIAGA Purposes Trading Derivative Receivables and Payables Receivables Payables 2,192,215 7,885,014 - 2,192,215 7,885,014 568 15,920 455 26,415 12,275,862 27,875,423 - - 12,275,862 27,875,423 - 182,194 115,224 - 224,024 54,434 - 6,639,925 44,527,454 2,387,132 6,639,925 42,140,322 12,167 668,740 1,194 377,575 - - - - - - - - - - Others 1. Credit Default Swap TOTAL 101,395,893 2,387,132 99,008,761 994,813 684,097
  12. CONSOLIDATED FINANCIAL STATEMENTS AND OTHER FINANCIAL INFORMATIONS Prime Lending Rate 30 June 2019 Corporate Loans Prime Lending Rate 9 .60% (% per year) Based on Business Segments Retail Consumer Loans Loans Housing Loans Non Housing Loans 10.40% 9.90% 10.25% Notes: a. Prime Lending Rate (PLR) is used as basic in determining lending rate to customer by Bank. PLR is not taking into account the risk premium component depend from banks against the risk assessment of each debtor or group of debtor considering debtor's financial condition, prospect of loan repayment, industry sector and loans period. Thus, the magnitude of interest rates on loans charged to borrowers is not necessarily the same as PLR. b. In Consumer loans, non housing loans does not include the channeling of funds through credit cards and loans without collateral (Kredit Tanpa Agunan /KTA). c. PLR information at any time can be seen in publications in any office of the Bank and/or website (www.cimbniaga.com). d. Housing loans apply for the first year fixed tenor
  13. CONSOLIDATED FINANCIAL STATEMENTS AND OTHER FINANCIAL INFORMATIONS BOARD OF COMMISIONERS AND DIRECTORS SHAREHOLDERS Board of Commisioners i i i i i i i President Commissioner Vice President Commissioner Independent Commissioner Independent Commissioner Commissioner Commissioner Independent Commissioner Ultimate Shareholders : : : : : : : Tengku Dato'Sri Zafrul Tengku Abdul Aziz Glenn Muhammad Surya Yusuf Zulkifli M. Ali Primoehadi Notowidigdo Jeffrey Kairupan Didi Syafrudin Yahya a) a Sri Widowati ) CIMB Group Holdings Berhad, Malaysia (through CIMB Group Sdn Bhd, Malaysia) 91.48% Non ultimate shareholders through capital market (> 5 %) Nil Non ultimate Shareholders not through capital market (> 5 %) Nil Directors i President Director : Tigor M. Siahaan Ultimate Shareholder PT Bank CIMB Niaga Tbk i Director : Rita Mas’Oen Shareholders of CIMB Group Holdings Berhad, Malaysia: i Director : Megawati Sutanto · Khazanah Nasional Berhad, Malaysia 26.99% i Director : Vera Handajani · Employee Provident Fund, Malaysia 13.22% i Director : John Simon · Others and public 59.79% i Director : Lani Darmawan i Director : Pandji Pratama Djajanegara i Director : Hedy Lapian i Director : Lee Kai Kwong i Compliance Director : Fransiska Oei a) b) Will be effective after obtaining approval from OJK and/or the fulfilment of condition stipulated in OJK's approval Effective since 24 April 2019 b) Notes: 1 2 The presentation of published financial statements as at 30 June 2019 and for the six-month periods ended 30 June 2019 and 2018 (unaudited). The presentation of published financial statements as at 31 December 2018, have been taken based on consolidated financial statements of PT Bank CIMB Niaga Tbk ("Bank") and Subsidiary dated 31 December 2018, which were prepared based on Financial Accounting Standard in Indonesia audited by KAP Tanudiredja, Wibisana, Rintis & Rekan - a member firm of PwC Global Network (with Angelique Dewi Daryanto, S.E, CPA, as partner in charge), independent auditor, based on Audit Standard as determined by Institut Akuntan Publik Indonesia, expressed an unmodified opinion, as stated in its report on 15 February 2019, not disclosed in this publication. The financial information above is intended to be fulfilled and prepared in accordance with: a. Financial Services Authority (FSA) regulation No.6/POJK.03/2015 dated 31 March 2015 which has been ammended by Financial Services Authority (FSA) regulation No.32/POJK.03/2016 dated 8 August 2016 concerning "Transparency and Publication of Bank Reports". b. Financial Services Authority (FSA) circular letter No.43/SEOJK.03/2016 dated 28 September 2016 concerning "Transparency and Publication of Commercial Bank Reports". c. Financial Services Authority (FSA) regulation No.34/POJK.03/2016 dated 22 September 2016 concerning amandment of POJK No.11/POJK.03/2016 concerning "Minimum Capital Adequacy Requirement for Commercial Banks". d. Bapepam-LK regulation (efective since 1 January 2013, Financial Services Authority has taken over the functions of Bapepam-LK) No.X.K.2 Attachment of Decision of Chairman of Bapepam-LK Decree No.KEP-346/BL/2011 dated 5 July 2011 concerning "Submission of Periodical Issuer Financial Report or Public Company". e. 3 4 5 Capital Market Supervisory Agency and Financial Institution regulation (Bapepam-LK which its function has been transferred to the Financial Services Authority (FSA) since 1 January 2013) No. VIII.G.7. which is an Attachment of Decision of Chairman of Bapepam-LK no. Kep-347/BL/2012 concerning "Presentation and Disclosure of Financial Statements of Issuers or Public Companies" replacing Chairman of Bapepam-LK's Decree No. KEP-554/BL/2010 dated 30 December 2010 concerning "Change of Decision of Chairman of Bapepam no. KEP-06 /PM/2000 dated 13 March 2000 regarding Guidelines for Presentation of Financial Statements". Basic earnings per share is calculated by dividing net income available to shareholders with the weighted average of ordinary shares outstanding during the period. The weighted average of ordinary shares outstanding is calculated based on the number of ordinary shares outstanding at the position at the end of each month in accordance with data from the Securities Administration Bureau. For the period ended 30 June 2019 and 2018, the calculation of the weighted average of ordinary shares outstanding has considered the number of treasury shares. The consolidated financial statements include the financial statements of the subsidiaries, PT CIMB Niaga Auto Finance and PT CIMB Niaga Sekuritas. On 1 January 2016, PT CIMB Niaga Auto Finance and PT Kencana Internusa Artha Finance effectively joined (merged) where PT CIMB Niaga Auto Finance as the surviving company. The merger has been approved by the Financial Services Authority (FSA) of the Non-Bank Financial Industry through letter No. OJK. S-101/D.05/2015 dated 19 November 2015. Exchange rate per 30 June 2019: 1 USD = Rp 14,127.50 ; 31 December 2018: 1 USD = Rp 14,380.0 ; 30 June 2018: 1 USD = Rp 14,330.0 Jakarta, 15 August 2019 Lee Kai Kwong Director Tigor M. Siahaan President Director