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CIMB Niaga: Quarterly Consolidated Financial Statements - 31 March 2019

IM Insights
By IM Insights
1 week ago
CIMB Niaga: Quarterly Consolidated Financial Statements - 31 March 2019

Provision, Receivables, Reserves

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  1. CONSOLIDATED FINANCIAL STATEMENTS AND OTHER FINANCIAL INFORMATION STATEMENTS OF FINANCIAL POSITION 31 March 2019 and 31 December 2018 (in million Rupiah) BANK CIMB NIAGA No. ACCOUNTS 31 March 2019 CONSOLIDATED 31 December 2018 31 March 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 3,484,432 15,875,156 2,673,705 897,008 4,290,614 19,213,108 3,486,863 1,084,759 3,488,142 15,875,156 2,731,363 897,008 4,293,370 19,213,108 3,556,621 1,084,759 3,346,677 16,028,506 18,522,795 773,921 4,067,821 1,932,695 14,467,488 18,314,591 593,593 4,462,483 3,346,677 16,028,506 18,522,795 773,921 4,067,821 1,932,695 14,467,488 18,314,591 593,593 4,462,483 157,890,418 28,044,592 832,535 160,002,885 26,510,903 832,535 159,939,870 28,044,592 4,214 161,951,528 26,510,903 4,214 (38,889) (6,266,999) (460,149) 2,833,516 (1,247,815) 8,487,394 (2,770,011) (38,777) (5,951,354) (454,155) 2,791,957 (1,199,048) 8,141,688 (2,694,372) (38,889) (6,391,704) (464,074) 2,859,414 (1,270,333) 8,577,607 (2,843,552) (38,777) (6,098,352) (458,081) 2,817,351 (1,221,073) 8,220,380 (2,767,098) 3,791 97,235 47,487 3,791 196,370 71,197 3,791 107,459 47,487 3,791 207,760 71,197 36,033 8,102,937 95,114 9,118,938 4,515 35,292 8,470,818 5,106 99,863 9,554,078 261,262,096 265,273,866 262,817,896 266,781,498
  2. CONSOLIDATED FINANCIAL STATEMENTS AND OTHER FINANCIAL INFORMATION STATEMENTS OF FINANCIAL POSITION 31 March 2019 and 31 December 2018 (in million Rupiah) BANK CIMB NIAGA No. ACCOUNTS 31 March 2019 CONSOLIDATED 31 December 2018 31 March 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 45,553,224 48,166,359 70,440,532 26,519,521 2,757,906 589,481 8,879,900 4,067,821 5,271,217 1,742,793 208,036 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 45,435,355 48,166,359 70,440,532 26,519,521 2,757,906 589,481 8,879,900 4,067,821 5,271,217 1,970,416 208,036 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 55,489 6,719,887 220,972,166 57,199 6,279,894 226,319,522 55,708 7,495,097 221,857,349 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 88,191 7,033,450 86,453 7,033,450 88,191 7,033,450 86,453 - - - - (303,760) 3,377,847 (62,384) - (436,355) 3,077,883 (62,384) - (303,760) 3,377,847 (66,412) - (436,355) 3,077,883 (66,412) - 351,538 - 351,538 - 351,538 (35,723) 351,538 (35,723) 27,541,823 900,293 24,236,249 3,305,574 28,206,804 944,209 24,724,500 3,482,304 40,289,930 38,954,344 40,959,076 39,579,574 40,289,930 38,954,344 1,471 40,960,547 1,005 39,580,579 261,262,096 265,273,866 262,817,896 266,781,498
  3. CONSOLIDATED FINANCIAL STATEMENTS AND OTHER FINANCIAL INFORMATION STATEMENTS OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME For the period ended 31 March 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 4,748,022 377,939 4,450,059 323,976 4,871,616 377,939 4,685,604 323,976 Interest Expenses a. Rupiah b. Foreign currencies 2,052,828 154,541 1,842,577 102,668 2,057,415 154,541 1,873,465 102,668 2,918,592 2,828,790 3,037,599 3,033,447 1,592,418 1,148,590 1,631,201 1,240,474 17,149 - 10,933 - 17,149 - 10,933 - 98,626 530,226 769,441 41,812 135,164 60,930 221,894 676,735 178,098 98,626 530,226 795,090 40,072 150,038 60,930 221,894 685,938 41,740 219,039 3,302,834 2,924,516 3,397,663 3,067,098 486 70,903 - 15,777 - 486 70,903 - 15,777 - 316,838 42,934 316,838 42,934 112 729,568 11,846 5,672 1,923 171,079 640 993,578 67,914 932,275 6,339 777,575 68,914 1,036 2,344 148,157 36,210 902,194 53,885 869,151 112 734,100 11,846 5,672 1,923 171,079 639 1,042,899 68,834 972,332 6,339 777,575 68,914 1,036 2,344 148,157 37,687 945,858 58,871 961,606 Net Interest Income B. Operating Income and Expenses Other than Interest Operating Income Other than Interest 1. 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 (1,710,416) 1,208,176 (1,775,926) 1,052,864 (1,766,462) 1,271,137 (1,826,624) 1,206,823
  4. CONSOLIDATED FINANCIAL STATEMENTS AND OTHER FINANCIAL INFORMATION STATEMENTS OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME For the period ended 31 March 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 Estimated current period tax a. Deferred tax expenses b. 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 Others d. Income tax related items that e. will not be reclassified to profit or loss Items that will be reclassified to profit or loss Adjustment due to the translation of financial statements a. 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 Others d. Income tax related items that e. will be reclassified to profit or loss Other comprehensive income of the current period net of applicable income tax CURRENT PERIOD TOTAL COMPREHENSIVE INCOME 2019 CONSOLIDATED 2018 2019 2018 273 13,832 14,105 192 9,671 9,863 273 13,133 13,406 827 12,456 13,283 1,222,281 1,062,727 1,284,543 1,220,106 (307,107) (14,881) 900,293 299,964 299,964 132,595 - (102,547) (212,661) 747,519 (116,398) - (319,995) (20,373) 944,175 299,964 299,964 132,595 - (124,719) (218,684) 876,703 (116,398) - 176,793 - (155,197) - 176,793 - (155,197) - (44,198) 38,799 (44,198) 38,799 432,559 1,332,852 (116,398) 631,121 432,559 1,376,734 (116,398) 760,305 Net income attributable to: OWNER MINORITY INTEREST CURRENT PERIOD NET INCOME 900,293 900,293 747,519 747,519 944,209 (34) 944,175 876,613 90 876,703 Total other comprehensive income attributable to: OWNER MINORITY INTEREST CURRENT PERIOD OTHER COMPREHENSIVE INCOME 432,559 432,559 (116,398) (116,398) 432,559 432,559 (116,398) (116,398) Total comprehensive income attributable to: OWNER MINORITY INTEREST CURRENT PERIOD TOTAL COMPREHENSIVE INCOME 1,332,852 1,332,852 631,121 631,121 1,376,768 (34) 1,376,734 760,215 90 760,305 TRANSFER OF PROFIT/(LOSS) TO HEAD OFFICE - - - - DIVIDEND - - - - 36.11 29.80 37.87 34.98 EARNINGS PER SHARE
  5. CONSOLIDATED FINANCIAL STATEMENTS AND OTHER FINANCIAL INFORMATION STATEMENTS OF CASH FLOWS For the period ended 31 March 2019 and 2018 No . A. ACCOUNTS 2018 2019 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 5,544,742 (1,940,185) 135,164 110,747 (1,853,701) 15,310 2,012,077 5,147,338 (1,736,365) 178,098 (139,484) (1,683,720) 11,780 1,777,647 5,693,717 (1,939,161) 150,037 110,747 (1,849,906) 15,109 2,180,543 5,391,434 (1,738,093) 219,039 (139,484) (1,823,301) 14,524 1,924,119 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 (1,298,693) (180,328) 179,102 394,662 1,333,828 46,072 (177,514) 4,150,948 (511,823) 111,804 (1,298,693) (180,328) 90,478 394,662 (40,177) 1,402,539 46,072 (177,514) 3,925,713 (511,823) 582,584 89,105 (140,373) (170,787) (3,061,000) (394,662) 75,524 2,167,249 (1,681,707) (8,020,672) 195,307 45,211 (188,451) (170,787) (3,061,000) (394,662) (10,741) 2,212,592 (1,681,707) (8,020,672) 195,307 45,594 367,454 (358,510) 372,935 (389,612) 447,097 (362,800) 296,575 (389,612) (1,241,706) (1,914,155) (1,192,320) (1,463,667) (2,343,485) (5,302,445) (2,343,484) (5,302,445) 467,245 295 (61,586) (43,058) 515,676 193 (50,425) (14,428) 467,245 295 (73,109) (43,562) 515,675 883 (50,992) (14,821) (1,980,589) (4,851,429) (1,992,615) (4,851,700) 996 (1,991,270) (18,972) 634,794 (3,109,380) 996 51,734 (2,091,510) (18,972) 684,704 (3,610,481) 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 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 Payment of interest and borrowings Payment of principle and interest from bonds and marketable securities issued Net cash used in financing activities Effects on exchange rate differences in cash and cash equivalent 2018 (153,236) (149,054) (153,236) (149,054) (2,143,510) (2,642,612) (2,192,016) (3,093,803) 124,702 240,309 124,702 240,309 Net (decrease)/increase in cash and cash equivalent (5,241,103) (9,167,887) (5,252,249) (9,168,861) 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 22,415,097 25,446,798 22,476,465 25,497,575 3,484,432 9,768,582 2,273,035 3,247,621 13,581,375 2,496,953 3,488,142 9,768,582 2,330,693 3,253,663 13,581,375 2,541,688 6,507,244 5,205,032 6,507,244 5,205,032 381,804 22,415,097 915,817 25,446,798 381,804 22,476,465 915,817 25,497,575 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 31 March 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 3,377,847 1 3,377,847 1 3,077,883 1 3,077,883 7,121,640 351,538 27,541,823 900,293 - 7,121,640 351,538 28,211,918 939,095 - 7,090,461 351,538 24,831,669 747,519 - 7,090,461 351,538 25,325,034 871,498 - 303,760 303,760 90,576 90,576 70,934 - 79,543 - 188,948 - 188,948 - 2018 Consolidated Bank CIMB Niaga DESCRIPTION Consolidated 174,473,816 2,410,226 27,763,939 204,647,981 176,271,348 2,410,226 29,011,195 207,692,769 171,775,393 2,833,492 26,413,792 201,022,677 173,790,744 2,833,492 27,753,110 204,377,346 9.90 9.90 9.90 9.90 36,033 1,156,355 - 35,150,078 35,150,078 1,350,383 Consolidated 39,789,280 39,789,280 1,362,932 36,033 1,152,974 828,321 - 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 38,264,052 38,264,052 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 1,241,031 778,821 - 36,546,243 36,546,243 1,350,383 1,241,031 - - - - - - - - - - - - 2,459,180 576,543 1,882,637 2,511,000 576,543 1,934,457 2,362,693 597,004 1,765,689 2,547,523 597,004 1,950,519 40,723,232 42,300,280 37,512,771 39,093,766 2019 Bank CIMB Niaga 2018 Consolidated Bank CIMB Niaga Consolidated Capital Adequacy Ratio Ratio CET1 (%) Ratio Tier 1 (%) Ratio Tier 2 (%) Ratio KPMM (%) 18.70 18.70 1.20 19.90 19.16 19.16 1.21 20.37 17.49 17.49 1.17 18.66 17.88 17.88 1.25 19.13 CET1 FOR BUFFER (%) 10.00 10.47 8.76 9.23 2.500 1.00 2.500 1.00 1.875 0.50 1.875 0.50 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 8.72 1.18 8.65 1.25 Capital Conservation Buffer (%) Countercyclical Buffer (%) Capital Surcharge for Bank (%) 6
  7. CONSOLIDATED FINANCIAL STATEMENTS AND OTHER FINANCIAL INFORMATION EARNING ASSETS QUALITY AND OTHER INFORMATIONS 31 March 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 - - - - - - - - - - - - - - - - - - - - - - - - 477,170 - Doubtful Loss TOTAL - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - 477,170 - 923,503 - - - - - 923,503 - 286,054 828,321 - - - - - 286,054 828,321 - 221,319 778,821 - - - - - 221,319 778,821 - - - - - - - - - - - - - 486,771 2,176,948 - - - 9,986 486,771 2,186,934 212,432 2,348,300 - - - 9,654 212,432 2,357,954 758,049 138,959 - - - - 758,049 138,959 284,167 184,635 - - - - 284,167 184,635 32,233,802 5,649,176 - - - 15,000 - 32,248,802 5,649,176 35,462,462 6,196,015 - - - 15,000 - 35,477,462 6,196,015 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 - - - - - - - - - - - - 773,921 4,067,821 - - - - 773,921 4,067,821 177,514 4,696,788 - - - - 177,514 4,696,788 21,825,774 601,620 1,208,593 17,640 85,667 - 140,196 - 716,415 - 23,976,645 619,260 23,984,268 668,337 1,928,473 13,496 110,410 - 219,362 - 471,037 - 26,713,550 681,833 127,362,118 22,140,800 5,035,721 1,696,753 346,633 - 728,106 - 2,813,463 738,341 136,286,041 24,575,894 114,598,842 21,243,782 4,904,359 1,899,770 697,714 - 679,459 36,046 3,436,841 827,059 124,317,215 24,006,657 3,240,796 796,373 40,220,018 3,489 1,859,682 454,643 1,011,257 2,374,290 - 93,006 182,986 425 - 184,047 72,123 - 1,006,157 607,018 766,135 300 - 4,978,649 2,414,648 43,615,552 4,214 1,859,682 2,782,127 792,493 37,601,767 3,489 59,346 941,932 1,197,061 2,505,069 - 120,948 79,151 425 - 120,988 36,046 104,819 - 1,667,997 557,278 742,290 550 - 5,633,992 2,582,878 41,033,096 4,464 59,346 69,498,361 17,657,018 597 118,192 5,776 - 18,713 73,585 4,340 69,616,553 17,662,794 97,235 57,512,519 13,629,997 121,138 899,569 738,829 - 22 120,064 3,800 35,315 60,172 26,517 58,476,082 14,368,826 303,034
  8. CONSOLIDATED FINANCIAL STATEMENTS AND OTHER FINANCIAL INFORMATION EARNING ASSETS QUALITY AND OTHER INFORMATIONS 31 March 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 6,762,414 6,984,850 15.51% 4.43% 6.30% 5.72% 397,538 227,285 - 1,454,587 197,149 - ALLOWANCES FOR POSSIBLE LOSSES 31 March 2019 and 2018 (in million Rupiah) 2019 No. ACCOUNTS Allowance for Impairment Individual 4. 5. 6. 7. 8. 9. 10. 11. Doubtful 6,754,797 6,233,215 13.23% 2.89% 3.07% 2.57% 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 9,986 15,000 8,869 23,889 26,637 8,970 96,149 9,986 15,000 9,654 15,000 1,198 29,895 25,607 4,688 114,550 9,654 15,000 3,469,795 555 - 2,797,204 - 40,678 1,621,177 8,318 18,597 74,608 3,877,034 364 6,198 2,893,783 805 - 3,382,580 - 46,968 1,524,534 7,823 593 71,974 4,589,350 614 143,995
  9. CONSOLIDATED FINANCIAL STATEMENTS AND OTHER FINANCIAL INFORMATIONS FINANCIAL RATIOS 31 March 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 *** 20.37% 19.13% 1.91% 2.57% 2.91% 3.04% 1.42% 2.00% 9.79% 5.28% 81.53% 97.02% 114.98% 105.12% 2.39% 3.07% 3.07% 3.51% 1.99% 1.87% 9.76% 5.10% 80.69% 91.98% 136.10% N/A 19.90% 18.66% 1.91% 2.58% 2.90% 3.05% 1.43% 1.91% 9.71% 5.12% 82.02% 95.89% 114.51% 105.08% 2.39% 3.08% 2.98% 3.54% 2.00% 1.64% 8.63% 4.81% 82.22% 90.66% 135.95% 114.51% - - - - 6.53% 8.19% 0.71% 6.56% 8.75% 1.45% * ** Position at the end of month report. Calculation of Minimum Statutory Reserve as at 31 March 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 31 March 2019 and 31 December 2018 (in million Rupiah) BANK CIMB NIAGA No. I. ACCOUNTS 31 March 2019 CONSOLIDATED 31 December 2018 31 March 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 49,460,506 633,067 50,093,573 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 49,460,506 633,067 50,093,573 - - - - - - - 19,252,076 58,735,147 16,622,533 53,377,317 19,252,076 58,735,147 16,622,533 53,377,317 19,984 - 19,961 - 19,984 - 19,961 - 1,715,017 - 1,817,080 - 1,715,017 - 1,817,080 - 1,415,917 1,831,401 45,286,760 673,491 128,929,793 1,701,089 1,831,681 41,307,429 103,849 116,780,939 1,415,917 1,831,401 45,286,760 673,491 128,929,793 1,701,089 1,831,681 41,307,429 103,849 116,780,939 138,800 380,730 10,512 174,449 138,800 380,730 10,512 174,449 624,888 1,144,418 645,244 830,205 624,888 1,144,418 645,244 830,205 3,383,436 926,369 4,309,805 3,545,590 959,856 4,505,446 #REF! 3,383,436 926,369 4,309,805 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 31 March 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 4,093,442 10,044,624 - 4,093,442 10,044,624 1,364 18,825 444 14,954 7,267,890 17,814,274 - - 7,267,890 17,814,274 - 147,275 22,141 - 154,924 73,388 - 37,842,765 2,100,396 35,742,369 707,403 345,771 - - - - - - - - - - Others 1. Credit Default Swap TOTAL 77,062,995 2,100,396 74,962,599 897,008 589,481
  12. CONSOLIDATED FINANCIAL STATEMENTS AND OTHER FINANCIAL INFORMATIONS Prime Lending Rate 31 March 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 Independent Commissioner Independent Commissioner Commissioner Ultimate Shareholders : : : : : Tengku Dato'Sri Zafrul Tengku Abdul Aziz Glenn Muhammad Surya Yusuf Zulkifli M. Ali Primoehadi Notowidigdo Armida Salsiah Alisjahbana b) a) 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 : Jeffrey Kairupan : David Richard Thomas Directors i President Director : Tigor M. Siahaan i Director : Wan Razly Abdullah i Director : Rita Mas’Oen i Director : Megawati Sutanto · Khazanah Nasional Berhad, Malaysia 26.80% i Director : Vera Handajani · Employee Provident Fund, Malaysia 14.11% i Director : John Simon · Others and public 59.09% 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) Effective since 15 March 2019 b) Resigned effective since 1 January 2019 c) Appointed on EGMS dated 19 December 2018 and will be effective after obtaining approval from OJK and/or the fulfilment of condition stipulated in OJK’s approval Ultimate Shareholder PT Bank CIMB Niaga Tbk b) Shareholders of CIMB Group Holdings Berhad, Malaysia: c) Notes: 1 2 The presentation of published financial statements as at 31 March 2019 and for the three-month periods ended 31 March 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 31 March 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 31 March 2019: 1 USD = Rp 14,240.0 ; 31 December 2018: 1 USD = Rp 14,380.0 ; 31 March 2018: 1 USD = Rp 13,767.5 Jakarta, 25 April 2019 Vera Handajani Director Tigor M. Siahaan President Director