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CIMB Niaga: Quarterly Consolidated Financial Statements - 30 September 2019

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

Provision, Receivables, Reserves

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  1. CONSOLIDATED FINANCIAL STATEMENTS AND OTHER FINANCIAL INFORMATION STATEMENTS OF FINANCIAL POSITION 30 September 2019 and 31 December 2018 (in million Rupiah) No. ACCOUNTS BANK CIMB NIAGA 30 September 2019 CONSOLIDATED 31 December 2018 30 September 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 (repo) 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 3,667,226 14,965,004 2,942,997 776,368 4,290,614 19,213,108 3,486,863 1,084,759 3,669,561 14,965,004 3,032,625 776,368 4,293,370 19,213,108 3,556,621 1,084,759 4,433,803 12,490,909 14,450,688 4,761,508 142,592 3,026,934 1,932,695 14,467,488 18,314,591 593,593 4,462,483 4,433,803 12,490,909 14,450,688 4,761,508 142,592 3,026,934 1,932,695 14,467,488 18,314,591 593,593 4,462,483 157,808,843 31,141,202 1,082,535 160,002,885 26,510,903 832,535 160,521,118 31,141,202 4,214 161,951,528 26,510,903 4,214 (38,039) (5,430,674) (465,296) 2,804,522 (1,330,729) 8,592,360 (2,302,080) (38,777) (5,951,354) (454,155) 2,791,957 (1,199,048) 8,141,688 (2,694,372) (38,039) (5,528,463) (469,111) 2,830,420 (1,353,996) 8,684,996 (2,372,903) (38,777) (6,098,352) (458,081) 2,817,351 (1,221,073) 8,220,380 (2,767,098) 1,739 51,948 114,498 3,791 196,370 71,197 1,739 60,796 114,498 3,791 207,760 71,197 7,192,934 95,114 9,118,938 3,815 7,468,642 5,106 99,863 9,554,078 260,881,792 265,273,866 262,818,920 266,781,498
  2. CONSOLIDATED FINANCIAL STATEMENTS AND OTHER FINANCIAL INFORMATION STATEMENTS OF FINANCIAL POSITION 30 September 2019 and 31 December 2018 (in million Rupiah) No. ACCOUNTS BANK CIMB NIAGA 30 September 2019 CONSOLIDATED 31 December 2018 30 September 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 Liabilities on securities sold under repurchase agreement (repo) 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 44,113,653 49,280,981 70,697,454 26,587,378 2,788,438 514,389 4,635,776 3,026,934 6,704,386 3,793,700 359,358 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 43,761,099 49,280,981 70,697,454 26,587,378 2,788,438 514,389 4,635,776 3,026,934 6,704,386 4,573,387 359,358 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 7,117 100,772 6,755,919 219,366,255 57,199 6,279,894 226,319,522 7,117 98,775 7,500,169 220,535,641 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) (253,279) 2,900,000 (1,287,743) (250,321) 2,900,000 (1,287,743) (253,279) 2,900,000 (1,287,743) (250,321) 7,033,450 94,596 7,033,450 86,453 7,033,450 94,596 7,033,450 86,453 - - - - (177,998) 3,515,604 (62,384) - (436,355) 3,077,883 (62,384) - (177,998) 3,515,604 (62,238) - (436,355) 3,077,883 (66,412) - 351,538 - 351,538 - 351,538 (35,723) 351,538 (35,723) 26,845,338 2,556,415 24,236,249 3,305,574 27,510,319 2,678,746 24,724,500 3,482,304 41,515,537 38,954,344 42,267,272 39,579,574 41,515,537 38,954,344 16,007 42,283,279 1,005 39,580,579 260,881,792 265,273,866 262,818,920 266,781,498
  3. CONSOLIDATED FINANCIAL STATEMENTS AND OTHER FINANCIAL INFORMATION STATEMENTS OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME For the period ended 30 September 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 14,831,391 1,095,954 13,529,444 1,040,685 15,206,252 1,095,954 14,023,619 1,040,685 Interest Expenses a. Rupiah b. Foreign currencies 6,330,384 478,741 5,682,955 316,438 6,351,511 478,741 5,735,299 316,438 9,118,220 8,570,736 9,471,954 9,012,567 4,765,716 3,395,606 4,871,331 3,657,943 66,614 - 102,333 - 66,614 - 102,333 - 252,260 1,426,006 17,362 2,208,538 81,948 712,988 51,109 720,270 205 2,054,568 467,121 252,260 1,426,006 54 2,292,192 75,753 758,452 51,109 720,270 205 2,080,787 131,025 572,214 10,425,399 8,668,322 10,698,482 9,102,055 1,621 72,575 - 878 42,175 - 1,621 72,575 - 878 42,175 - 954,025 145,421 954,025 145,421 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 2,343,054 181,224 10,180 (1,683) 553,358 1,366 3,272,194 220,216 2,817,269 (5,659,683) 3,458,537 3,813 2,185,014 233,481 586 6,447 471,749 19,520 2,728,654 183,664 2,646,920 (5,272,716) 3,298,020 2,348,811 181,224 10,180 (1,683) 553,950 1,366 3,425,140 228,514 2,922,759 (5,827,151) 3,644,803 3,813 2,185,014 233,481 586 6,447 471,749 17,794 2,825,872 193,283 2,975,542 (5,444,112) 3,568,455
  4. CONSOLIDATED FINANCIAL STATEMENTS AND OTHER FINANCIAL INFORMATION STATEMENTS OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME For the period ended 30 September 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 (1,091) 27,627 26,536 3,485,073 (871,268) (57,390) 2,556,415 437,721 490,097 (52,376) 258,357 - 2019 2018 411 41,695 42,106 837 9,723 10,560 2,084 55,533 57,617 3,340,126 3,655,363 3,626,072 (447,213) (456,534) 2,436,379 (486,364) - (919,816) (58,288) 2,677,259 441,895 490,097 5,565 (53,767) 258,357 - (558,037) (476,187) 2,591,848 (1,634) (2,179) 545 (486,364) - 344,476 - (648,485) - 344,476 - (648,485) - (86,119) 162,121 (86,119) 162,121 Other comprehensive income of the current period net of applicable income tax CURRENT PERIOD TOTAL COMPREHENSIVE INCOME 696,078 3,252,493 (486,364) 1,950,015 700,252 3,377,511 (487,998) 2,103,850 Net income attributable to: OWNER MINORITY INTEREST CURRENT PERIOD NET INCOME 2,556,415 2,556,415 2,436,379 2,436,379 2,678,746 (1,487) 2,677,259 2,591,739 109 2,591,848 Total other comprehensive income attributable to: OWNER MINORITY INTEREST CURRENT PERIOD OTHER COMPREHENSIVE INCOME 696,078 696,078 Total comprehensive income attributable to: OWNER MINORITY INTEREST CURRENT PERIOD TOTAL COMPREHENSIVE INCOME 3,252,493 3,252,493 TRANSFER OF PROFIT/(LOSS) TO HEAD OFFICE DIVIDEND EARNINGS PER SHARE - (486,364) (486,364) 1,950,015 1,950,015 - 700,252 700,252 3,378,998 (1,487) 3,377,511 - (487,998) (487,998) 2,103,741 109 2,103,850 - - - - - 102.53 97.75 107.44 103.99
  5. CONSOLIDATED FINANCIAL STATEMENTS AND OTHER FINANCIAL INFORMATION STATEMENTS OF CASH FLOWS For the period ended 30 September 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 17,610,209 (5,992,483) 712,986 483,738 (5,844,526) 52,548 7,022,472 15,865,279 (5,299,279) 467,119 (529,258) (5,107,452) 178,204 5,574,613 18,067,543 (5,989,186) 758,451 483,738 (6,133,803) 37,172 7,223,915 16,383,112 (5,306,174) 572,213 (529,258) (5,540,213) 191,431 5,771,111 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 - Other assets and prepaid expenses (2,183,858) 451,001 (5,445,015) 1,435,549 2,046,098 2,576,627 (810,564) (1,665,336) (282,370) (2,365,113) (2,183,858) 451,001 (5,650,015) 1,435,549 (618,632) 2,208,680 2,576,627 (810,564) (2,294,244) (282,370) 1,426,354 (2,476,771) (140,543) (140,255) (7,305,124) (1,435,549) 66,726 4,939,718 (2,446,545) (7,828,159) (28,136) 10,502 (423,306) (140,255) (7,305,124) (1,435,549) 30,833 5,007,680 (2,446,545) (7,828,159) (28,136) 10,039 446,741 (953,209) 1,285,295 (932,712) 545,902 (972,271) 1,388,049 (1,015,965) (6,134,966) (1,972,180) (6,833,130) (1,002,894) (938,964) (10,969,375) (938,964) (10,969,374) 1,909,555 (250,000) (631,478) (20,707) 7,964,651 (49,500) 415 (310,724) (113,833) 1,909,555 1,518 (650,439) (20,707) 7,964,651 2,334 (312,519) (114,560) Net cash used in by operating activities 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 Addition of investment in subsidiary Proceeds from sale of fixed assets Acquisition of fixed assets Acquisition of intangible assets Net cash used in by investing activities C. CONSOLIDATED 2019 - Increase/(decrease) in liabilities: - Deposits from customers - Deposits from other banks - Liabilities on securities sold under repurchase agreement - Acceptance liabilities - Taxes payable - Obligation due immediately, accruals and other liabilities and employee benefit obligations Income tax paid during the period B. (in million Rupiah) BANK CIMB NIAGA Cash flows from financing activities: Treasury shares Addition of borrowing Marketable securities issued 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 68,406 (3,478,366) 300,963 (3,429,468) (3,954) 1,490,000 2,000,000 (1,361,014) (18,972) 582 1,021,000 (3,503,540) (3,954) 2,224,498 2,000,000 (1,610,456) (18,972) 203,355 1,021,000 (4,704,011) (1,239,842) (696,485) (1,252,986) (595,420) (1,239,842) (696,485) (1,252,986) (595,420) 188,705 54,180 (4,349,336) 906,528 673,761 54,180 (5,347,034) 906,528 Net (decrease)/increase in cash and cash equivalent (5,823,675) (8,893,354) (5,804,226) (8,872,868) 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 21,832,525 25,721,331 21,924,488 25,793,568 3,667,226 8,956,116 2,350,240 3,186,627 11,547,530 3,275,449 3,669,561 8,956,116 2,439,868 3,191,602 11,547,530 3,342,711 6,601,645 7,395,894 6,601,645 7,395,894 257,298 21,832,525 315,831 25,721,331 257,298 21,924,488 315,831 25,793,568 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 September 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 3,515,604 1 3,515,604 1 3,077,883 1 3,077,883 7,124,092 351,538 26,845,338 2,556,415 - 7,124,092 351,538 27,515,433 2,673,632 - 7,128,723 351,538 24,236,249 2,436,379 - 7,128,723 351,538 24,729,615 2,586,625 - 177,998 177,998 460,542 460,542 74,815 76,554 - 74,815 83,002 - 133,296 - 133,296 - 2018 Consolidated Bank CIMB Niaga DESCRIPTION Consolidated 172,102,542 2,399,609 27,763,939 202,266,090 174,439,288 2,399,609 29,011,195 205,850,092 173,992,904 1,632,216 26,413,792 202,038,912 175,886,419 1,632,216 27,753,110 205,271,745 9.90 9.90 9.90 9.90 1,998 1,113,371 - 35,980,052 35,980,052 1,350,383 Consolidated 41,092,048 41,092,048 1,362,932 1,110,740 1,078,321 - 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 39,237,492 39,237,492 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 1,178,945 828,321 - 37,440,841 37,440,841 1,350,383 7,580 1,182,509 - - - - - - - - - - - - 2,506,224 489,950 2,016,274 2,563,047 489,950 2,073,097 2,356,443 517,486 1,838,957 2,411,879 517,486 1,894,393 41,743,716 43,655,095 38,336,495 39,852,720 2019 Bank CIMB Niaga 2018 Consolidated Bank CIMB Niaga Consolidated Capital Adequacy Ratio Ratio CET1 (%) Ratio Tier 1 (%) Ratio Tier 2 (%) Ratio KPMM (%) 19.40 19.40 1.24 20.64 19.96 19.96 1.25 21.21 17.81 17.81 1.16 18.97 18.24 18.24 1.17 19.41 CET1 FOR BUFFER (%) 10.74 11.31 9.07 9.51 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 (%) 8.66 1.24 8.65 1.25 8.73 1.17 8.73 1.17 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 September 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 - - - - - - - - - - - - - - - - - - - - - - - - 389,830 - Doubtful Loss TOTAL - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - 389,830 - 681,260 - - - - - 681,260 - 120,000 1,078,321 - - - - - 120,000 1,078,321 - 324,432 828,321 - - - - - 324,432 828,321 - - - - - - - - - - - - - 153,288 2,779,755 - - - 9,954 153,288 2,789,709 304,923 3,013,820 - - - 10,450 304,923 3,024,270 659,701 116,667 - - - - 659,701 116,667 876,416 227,263 - - - - 876,416 227,263 25,914,631 5,445,769 - - - 15,000 - 25,929,631 5,445,769 29,929,911 6,269,212 - - - 15,000 - 29,944,911 6,269,212 4,761,508 - - - - - 4,761,508 - - - - - - - 142,592 2,596,706 430,228 - - - 142,592 3,026,934 810,564 4,467,335 - - - - 810,564 4,467,335 21,228,433 514,143 780,985 14,448 22,805 - 123,043 - 618,396 - 22,773,662 528,591 22,372,297 587,780 1,259,942 20,665 112,599 - 92,755 - 633,021 - 24,470,614 608,445 136,154,101 19,837,218 4,491,174 611,749 231,796 766 664,356 - 2,353,777 913,025 143,895,204 21,362,758 120,377,560 22,784,242 5,300,962 1,385,061 360,817 188,291 309,584 - 3,616,989 772,939 129,965,912 25,130,533 3,261,249 694,829 42,908,147 3,489 1,285,516 388,324 108,140 2,377,861 - 39,267 74,018 425 - 56,918 75,536 - 787,178 909,736 701,212 300 - 4,532,936 1,712,705 46,136,774 4,214 1,285,516 2,090,123 844,385 36,448,616 3,489 73,923 1,011,970 1,073,632 2,392,979 - 160,944 188,291 136,876 425 - 44,962 105,452 - 1,627,639 635,506 904,867 300 - 4,935,638 2,741,814 39,988,790 4,214 73,923 67,453,728 18,092,291 596 82,210 18,657 - 13,338 33,949 4,065 67,535,938 18,110,948 51,948 67,939,814 18,656,183 21,656 343,110 14,982 - 163,792 33,661 5,353 68,282,924 18,671,165 224,462 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
  8. CONSOLIDATED FINANCIAL STATEMENTS AND OTHER FINANCIAL INFORMATION EARNING ASSETS QUALITY AND OTHER INFORMATIONS 30 September 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 6,576,131 6,980,919 13.87% 3.51% 3.85% 3.34% 2,612,171 522,939 - 3,354,286 507,393 - ALLOWANCES FOR POSSIBLE LOSSES 30 September 2019 and 2018 (in million Rupiah) 2019 No. ACCOUNTS Allowance for Impairment Individual 4. 5. 6. 7. 8. 9. 10. 11. Doubtful 5,922,064 6,428,962 12.33% 2.26% 2.43% 1.95% 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 9,954 15,000 13,343 23,039 29,330 7,764 96,445 9,954 15,000 10,450 15,000 929 27,369 33,187 11,037 107,834 10,450 15,000 3,180,932 555 - 2,249,742 - 47,615 1,426 25,967 1,718,939 10,818 12,855 68,737 21,511 3,927,695 364 5,043 3,056,622 555 - 3,035,707 - 44,673 1,567,680 8,318 739 82,376 4,651,857 364 17,905
  9. CONSOLIDATED FINANCIAL STATEMENTS AND OTHER FINANCIAL INFORMATIONS FINANCIAL RATIOS 30 September 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) 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 **** * ** *** **** 21.21% 19.41% 1.69% 2.28% 2.55% 2.62% 1.30% 1.84% 8.97% 5.37% 82.79% 99.02% 152.50% 107.37% 2.15% 2.87% 2.92% 3.41% 1.82% 1.86% 9.51% 5.12% 80.94% 92.44% 126.70% 105.56% 20.64% 18.97% 1.70% 2.31% 2.54% 2.65% 1.32% 1.76% 8.92% 5.22% 83.29% 97.41% 152.75% 106.95% 2.14% 2.87% 2.89% 3.43% 1.83% 1.73% 9.30% 4.92% 81.64% 91.41% 126.58% 105.79% - - - - 6.05% 8.09% 1.76% 6.53% 8.79% 0.83% LCR for September 2019 is the daily average position during the third quarter of 2019 NSFR Position at the end of month report Calculation of Minimum Statutory Reserve as at 30 September 2019 complies with Governer Members Regulation No. 21/14/PDAG/2019 dated 26 June 2019 as amended in Governor Members Regulation No.20/10/PADG/2018 regarding second amendment Minimum Statutory Reserves in Rupiah and Foreign Currencies for Conventional Commercial Banks, Sharia Commercial Banks, and Sharia Business Unit which effective since 1 July 2019 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 September 2019 and 31 December 2018 (in million Rupiah) BANK CIMB NIAGA No. I. ACCOUNTS 30 September 2019 CONSOLIDATED 31 December 2018 30 September 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 37,742,178 709,750 54,634,769 1,001,840 56,346,359 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 709,750 54,634,769 1,001,840 56,346,359 - - - - - - - 16,538,931 60,804,638 - 16,622,533 53,377,317 19,961 - 16,538,931 60,804,638 - 16,622,533 53,377,317 19,961 - 1,285,405 - 1,817,080 - 1,285,405 - 1,817,080 - 1,295,020 1,417,328 47,118,280 1,171,556 129,631,158 1,701,089 1,831,681 41,307,429 103,849 116,780,939 1,295,020 1,417,328 47,118,280 1,171,556 129,631,158 1,701,089 1,831,681 41,307,429 103,849 116,780,939 67,476 178,556 10,512 174,449 67,476 178,556 10,512 174,449 610,839 856,871 645,244 830,205 610,839 856,871 645,244 830,205 3,241,253 1,064,311 4,305,564 3,545,590 959,856 4,505,446 #REF! 3,241,253 1,064,311 4,305,564 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 September 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 2,114,936 8,196,150 - 2,114,936 8,196,150 257 11,593 858 16,624 7,996,715 24,494,889 - - 7,996,715 24,494,889 - 152,520 64,110 - 206,533 14,875 - 8,162,125 35,611,417 2,395,091 8,162,125 33,216,326 12,576 535,312 471 275,028 - - - - - - - - - - Others 1. Credit Default Swap TOTAL 86,576,232 2,395,091 84,181,141 776,368 514,389
  12. CONSOLIDATED FINANCIAL STATEMENTS AND OTHER FINANCIAL INFORMATIONS Prime Lending Rate 30 September 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% 9.80% 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 i President Commissioner Vice President Commissioner Independent Commissioner Independent Commissioner Commissioner Commissioner Commissioner Independent Commissioner Ultimate Shareholders : : : : : : : : Tengku Dato'Sri Zafrul Tengku Abdul Aziz Glenn Muhammad Surya Yusuf a) Zulkifli Bin Mohd Ali Pri Notowidigdo Jeffrey Kairupan David Richard Thomas Didi Syafrudin Yahya b) Sri Widowati b) 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 23.54% i Director : Vera Handajani · Employee Provident Fund, Malaysia 13.28% i Director : John Simon · Others and public 63.18% i Director : Lani Darmawan i Director : Pandji Pratama Djajanegara i Director : Hedy Lapian i Director : Rahardja Alimhamzah i Director : Lee Kai Kwong i Compliance Director : Fransiska Oei a) b) Resigned effective on 1 September 2019 and the approval will be sought In the upcoming RUPS. Will be effective after obtaining approval from OJK and/or the fulfilment of condition stipulated in OJK's approval Notes: 1 The presentation of published financial statements as at 30 September 2019 and for the nine-month periods ended 30 September 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. 2 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 September 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 September 2019: 1 USD = Rp 14,195.0 ; 31 December 2018: 1 USD = Rp 14,380.0 ; 30 September 2018: 1 USD = Rp 14,902.5 Jakarta, 31 October 2019 Lee Kai Kwong Director Tigor M. Siahaan President Director