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PT Bank Rakyat Indonesia (Persero) Tbk PT Bank Rakyat Indonesia (Persero) Tbk. Q1’2016 - Financial Update Presentation Financial Highlights 2011 2012 2013 2014 2015 Mar'15 Mar'16 ∆ yoy Asset/Liabilities Total Assets (IDR Billion) 456,531 535,209 606,370 778,046 845,998 781,181 832,092 6.52% Total Loans (Gross) (IDR Billion) 283,583 348,227 430,618 490,403 558,436 472,915 561,098 18.65% Total Deposits (IDR Billion) 372,148 436,098 486,366 600,404 642,774 587,727 631,781 7.50% Asset Quality NPL (gross) 2.30% 1.78% 1.55% 1.69% 2.02% 2.17% 2.22% NPL (nett) 0.42% 0.34% 0.31% 0.36% 0.52% 0.60% 0.59% Liquidity LDR 76.20% 79.85% 88.54% 81.68% 86.88% 80.47% 88.81% CASA 61.28% 59.94% 59.22% 53.55% 59.21% 51.74% 56.54% Reserve Requirement - IDR 9.33% 10.64% 8.02% 8.07% 9.31% 8.03% 6.52% Reserve Requirement - FX 8.00% 8.17% 8.00% 8.00% 8.43% 8.05% 8.01% Profitability Net Profit (IDR Billion) 15,083 18,521 21,160 24,176 25,204 6,101 6,137 0.58% NIM 9.58% 8.42% 8.55% 8.51% 8.13% 7.57% 8.09% ROE Tier 1 42.49% 38.66% 34.11% 31.19% 29.89% 29.84% 26.55% ROA before tax 4.93% 5.15% 5.03% 4.73% 4.19% 3.99% 3.65% Cost of Fund (CoF) 4.70% 3.68% 3.71% 4.38% 4.24% 4.74% 3.98% Cost Efficiency Ratio (CER) 41.17% 43.11% 42.13% 43.18% 43.81% 45.08% 42.88% Operating Expense to Operating Income 66.69% 59.93% 60.58% 65.42% 67.96% 68.04% 72.10% *) Capital Tier1 CAR 13.67% 15.86% 16.13% 17.54% 16.76% 15.97% 15.84% Total CAR 14.96% 16.95% 16.99% 18.31% 20.59% 20.08% 19.49% *) As of January 2015: - Implementation of Basel 3: recognition of 100% current year net profit into capital, previously only 50% - Ref to PBI No. 15/12/2013 : appropriated reserves is categorized as Tier 2 Capital, previously Tier 1 Capital 2 Note: Numbers stated in this presentation are bank only Balance Sheet (IDR Billion) Description 2011 2012 2013 2014 2015 Mar'15 Mar'16 (YoY) g(QoQ) Total Assets 456,531 535,209 606,370 778,046 845,998 781,181 832,092 6.5% -1.6% - Gross Loans 283,583 348,227 430,618 490,403 558,436 472,915 561,098 18.6% 0.5% - Government Bonds (Recap) 8,996 4,316 4,511 4,304 3,816 4,301 3,818 -11.2% 0.0% - Other Earnings Assets 127,774 131,547 115,168 211,325 190,735 236,584 195,829 -17.2% 2.7% Total Earning Assets 420,353 484,089 550,297 706,031 752,987 713,800 760,744 6.6% 1.0% Earning Assets Provision (15,869) (14,584) (15,072) (15,785) (17,030) (16,013) (18,657) 16.5% 9.6% Total Earning Assets (net) 404,484 469,505 535,225 690,246 735,957 697,787 742,087 6.3% 0.8% Total Non Earning Assets 52,047 65,704 71,145 87,800 110,041 83,394 90,004 7.9% -18.2% Total Liabilities & S.E 456,531 535,209 606,370 778,046 845,998 781,181 832,092 6.5% -1.6% Total Customer Deposits 372,148 436,098 486,366 600,404 642,774 587,727 631,781 7.5% -1.7% - Demand Deposits 75,579 78,753 78,017 89,076 112,989 84,835 108,150 27.5% -4.3% - Saving 152,474 182,643 210,004 232,414 267,607 219,234 249,037 13.6% -6.9% - Time Deposits 144,095 174,702 198,346 278,915 262,178 283,658 274,593 -3.2% 4.7% Other Interest Bearing Liabilities 18,413 14,466 19,873 56,677 67,712 64,197 55,725 -13.2% -17.7% Non Interest Bearing Liabilities 16,195 20,008 21,261 23,784 23,120 34,045 32,673 -4.0% 41.3% Tier I Capital* 38,215 51,593 65,964 82,109 89,992 77,416 89,915 16.1% -0.1% Total Shareholder's Equity 49,775 64,637 78,870 97,181 112,392 95,212 111,913 17.5% -0.4% *) As of January 2015: - Implementation of Basel 3: recognition of 100% current year net profit into capital, previously only 50% - Ref to PBI No. 15/12/2013 : appropriated reserves is categorized as Tier 2 Capital, previously Tier 1 Capital 3 Note: Numbers stated in this presentation are bank only Loan – Mix and Growth Loans Outstanding – by business segment Composition – by business segment (%) (IDR Trillion) 558.4 561.1 490.4 472.9 76.4 8.5 75.1 10.9 11.1 11.6 13.4 11.8 13.6 57.1 430.6 55.6 11.3 81.2 78.5 14.3 14.5 15.1 12.4 47.7 4.9 14.5 14.0 400.0 20.2 18.5 74.1 4.7 4.7 4.0 348.2 58.8 4.1 3.6 3.3 20.2 19.1 23.8 38.0 62.5 114.5 106.9 21.2 283.6 20.3 21.7 21.8 21.4 20.5 19.0 24.3 49.8 105.1 100.2 32.0 16.5 94.0 13.8 19.7 17.3 16.3 91.2 17.6 16.4 15.8 200.0 75.6 88.5 17.2 67.6 80.6 81.7 73.9 61.5 55.8 178.9 189.7 33.3 33.8 153.3 157.5 31.8 30.7 30.7 31.3 32.0 132.1 90.2 106.8 - 2011 2012 2013 2014 2015 Mar-15 Mar-16 2011 2012 2013 2014 2015 Mar-15 Mar-16 Micro Consumer Small Commercial Medium SoE Corporate Non-SoE Total Loan Note: Numbers stated in this presentation are bank only 4 Note: Numbers stated in this presentation are bank only Mar TotalNPLSoE Corporate Non-SoE Medium Small Commercial Consumer 2.30Micro NPL (%) 1.78 1.55 1.69 2011 2.02 2012 2013 2014 2015 Special Mention (%) Non Performing Loan - gross (%) Manageable NPL level of 2.22% - 11 6.23 3.05 Loan – Jun - 11 5.70 3.64 Sep - 11 5.64 3.26 Asset Quality Dec - 11 6.82 2.30 Mar - 12 6.87 2.73 2.247.11 1.004.53 5.091.53 0.87 3.751.19 4.38 1.60 1.78 3.13 1.09 5.91 1.40 4.78 3.21 1.04 5.82 1.21 1.92 2.90 1.12 7.50 1.30 3.78 4.13 1.13 6.68 1.44 3.78 1.56 1.48 1.54 Jun ------- - 12 6.51 2.38 NPL (%) Gross Sep - 12 6.92 2.33 Dec - 12 5.60 1.78 Mar - 13 6.37 1.97 Jun - 13 5.98 1.81 Sep - 13 6.13 1.77 Dec - 13 Special Mention (%) 5.46 1.55 Mar - 14 7.71 1.78 Mar-15 Mar-16 Jun - 2.17 14 7.22 1.97 Sep - 14 6.15 1.89 Dec 2.22 - 14 6.30 1.69 Mar - 15 7.13 2.17 Jun - 15 7.02 2.33 Sep - 15 6.95 2.24 Dec - 15 4.81 2.02 Mar - 16 6.43 2.22 5 Deposits – Mix and Growth Higher CASA level at 56.54% compared to 1Q2015, generated lower cost of funds Deposits: Trend (IDR Trillion) Deposits Composition, COF & BI Rate (%) 100% 17.00% 642.8 631.8 600.4 90% 15.00% 587.7 80% 38.7% 40.1% 40.8% 40.8% 43.5% 13.00% 2 46.5% 48.3% 486.4 . 6 2 . 6 4 70% 9 . 2 7 436.1 7 11.00% . 8 2 3 7 8 2 60% 3 2 372.1 . 8 9.00% 7 9 . 7.50% 7.75% 7.50% 1 4 50% 7.50% 6.75% 7 1 . 1 6.00% 5.75% 7.00% 4 4 40% 6 1 . 0 . 7 9 4 6 5.00% . 2 4 2 . 0 2 30% . 2 6 9 3 . 0 5 1 4.70% 4.74% 2 2 . 1 4.38% 2 4.24% 8 2 2 3.71% 3.98% 3.00% 1 5 20% 3.41% 1 10% 1.00% 75.6 78.8 78.0 89.1 113.0 84.8 108.2 61.3% 59.9% 59.2% 53.5% 59.2% 51.7% 56.5% 0% -1.00% 2011 2012 2013 2014 2015 Mar-15 Mar-16 2011 2012 2013 2014 2015 Mar-15 Mar-16 Time Deposit Saving Demand Deposit TOTAL High Cost Low Cost COF BI Rate Note: Numbers stated in this presentation are bank only 6 Income Statement (IDR Billion) Description 2011 2012 2013 2014 2015 Q1'15 Q1'16 g(YoY) Interest Income 46,949 47,922 57,301 72,466 82,221 20,083 21,840 8.7% Interest Expense (13,079) (12,461) (14,395) (22,346) (25,710) (7,004) (6,514) -7.0% Net Interest Income 33,870 35,461 42,906 50,120 56,511 13,079 15,326 17.2% Fee & Other Opr.
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