Financial Highlights

FINANCIAL POSITIONS

in million Rupiah

Description 2021 2020 2019 2018 2017
Total Assets 310,786,960 280,943,605 274,467,227 266,781,498 266,305,445
Earning Assets-Net 336,250,284 336,406,803 338,955,548 319,622,974 308,398,914
Loans 181,613,420 174,754,593 194,237,351 188,462,431 185,115,806
Loans-Net 168,477,786 162,829,633 188,177,510 182,364,079 177,807,766
Marketable Securities (Including Securities Purchased with Agreement to Re-Sell) - Net 11,765,578 11,615,709 12,485,522 11,269,818 13,442,054
Placement with Bank Indonesia and with Other Banks - Net 30,345,785 13,334,150 12,104,730 9,227,275 13,314,199
Total Liabilities 267,398,602 239,890,554 231,173,061 227,200,919 229,354,449
Customer Deposits 241,348,510 207,529,424 195,600,300 190,750,218 189,317,196
CASA (Current Account Saving Account) 148,042,439 123,723,916 108,259,982 100,353,034 99,495,295
Current Account 75,477,306 55,862,547 48,943,913 45,857,151 49,281,023
Saving Account 72,565,133 67,861,369 59,316,069 54,495,883 50,214,272
Time Deposits 93,306,071 83,805,508 87,340,318 90,397,184 89,821,901
Borrowing and Deposits from Other Banks 5,032,757 3,834,989 4,011,599 5,124,609 12,694,058
Marketable Securities Issued 5,369,228 6,565,604 7,503,112 5,269,757 5,403,613
Subordinated Loans 226,143 224,184 1,821,175 1,742,417 1,596,772
Total Equities 43,388,358 41,053,051 43,294,166 39,580,579 36,950,996

INCOME AND OTHER COMPREHENSIVE INCOME

in million Rupiah

Description 2021* 2020 2019* 2018 2017
Interest and Sharia Income - Net 13,088,860 12,470,518 12,568,018 12,011,731 12,403,379
Other Operating Income 4,478,657 3,888,007 4,256,712 3,816,272 3,352,448
Total Operating Income 17,567,517 16,358,525 16,824,730 15,828,003 15,755,827
Allowance for Impairment of Financial and Non-Financial Assets (4,169,888) (5,403,886) (3,256,619) (3,029,532) (4,079,805)
Other Operating Expenses (8,132,754) (8,100,784) (8,275,364) (8,004,128) (7,569,451)
Net Operating Income 5,264,875 2,853,855 5,292,747 4,794,343 4,106,571
Profit Before Tax 5,337,581 2,947,420 5,312,897 4,850,818 4,155,020
Tax Expenses (1,124,720) (936,166) (1.400,712) (1,368,390) (1,177,282)
Net Income 4,212,861 2,011,254 3,912,185 3,482,428 2,977,738
Other Comprehensive Income After Tax (683,530) 1,278,553 744,539 (279,448) 8,538
Total Comprehensive Income 3,529,331 3,289,807 4,656,724 3,202,980 2,986,276
Net Income Attributable to:
 Equity holders of parent 4,214,597 2,012,401 3,914,404 3,482,304 2,977,675
 Non-Controlling Interest (1,736) (1,147) (2,219) 124 63
Total Comprehensive Income Attributable to:
 Equity holders of parent 3,531,067 3,290,954 4,658,943 3,202,856 2,986,213
 Non-Controlling Interest (1,736) (1,147) (2,219) 124 63
Earnings Per Share-Basic (Rp full amount) 169.06 80.72 156.92 139.67 118.50

CASH FLOW STATEMENTS

in million Rupiah

Description 2021* 2020 2019 2018 2017
Net Cash Provided from/(Used in) Operating Activities 29,609,510 28,624,928 2,070,946 (749,516) 20,129,300
Net Cash (Used in)/Provided from Investing Activities (9,043,175) (26,763,211) 1,694,831 (1,608,846) (8,946,122)
Net Cash (Used in)/Provided from Financing Activities (1,773,338) (6,583,642) 1,398,986 (5,146,047) (87,819)
Net increase/(decrease) in cash and cash equivalents 18,977,246 (4,419,475) 4,729,674 (6,937,722) 11,250,321
Cash and cash equivalents, beginning of period 28,038,913 32,458,388 27,728,714 34,666,436 23,416,115
Cash and cash equivalents, end of period 47,016,159 28,038,913 32,458,388 27,728,714 34,666,436

FINANCIAL RATIOS

in million Rupiah

Description 2021* 2020 2019* 2018 2017
I. Capital
Capital Adequacy Ratio (CAR) ** 22.68% 21.92% 21.47% 19.66% 18.60%
CAR Tier I 21.61% 20.80% 20.20% 18.40% 17.31%
CAR Tier II 1.07% 1.12% 1.27% 1.26% 1.29%
Fixed Assets to Capital 21.79% 22.97% 18.73% 20.10% 19.98%
II. Assets Quality
Non Performing Earning Assets to Total Earning Assets 1.90% 2.82% 2.42% 2.64% 3.13%
Non-Performing Loan Ratio 3.46% 3.62% 2.79% 3.11% 3.75%
Non-Performing Loan Ratio - Net 1.17% 1.40% 1.30% 1.55% 2.16%
Impairment Ratio 6.67% 6.03% 3.81% 4.05% 5.10%
Loan Loss Coverage 212.10% 194.33% 113.60% 105.86% 107.16%
III. Profitability
Return On Assets (ROA) 1.88% 1.06% 1.99% 1.85% 1.70%
Return On Equity (ROE)
 Shareholders’ Equity 10.21% 5.01% 9.35% 9.09% 8.34%
 Tier I 10.73% 5.33% 9.02% 9.49% 8.73%
Debt to Equity 616.29% 585.00% 534.00% 574.00% 621.00%
Debt to Assets 86.04% 85.00% 84.00% 85.00% 86.00%
Net Interest Margin (NIM) 4.86% 4.88% 5.31% 5.12% 5.60%
Other Operating Income to Total Operating Income 25.49% 23.77% 25.30% 24.11% 21.28%
Cost to Income Ratio 45.88% 48.95% 49.07% 50.21% 47.74%
Operating Expenses to Operating Income (BOPO) 78.37% 89.38% 82.44% 80.97% 83.48%
IV. Liquidity
Loan to Deposit Ratio (LDR) 74.35% 82.91% 97.64% 97.18% 96.24%
CASA Ratio 61.34% 59.62% 55.35% 52.61% 52.55%
V. Compliance
a. Legal Lending Limit (LLL) violation percentage
 Related parties 0.00% 0.00% 0.00% 0.00% 0.00%
 Nonrelated parties 0.00% 0.00% 0.00% 0.00% 0.00%
b. Legal Lending Limit (LLL) exceeding percentage
 Related parties 0.00% 0.00% 0.00% 0.00% 0.00%
 Nonrelated parties 0.00% 0.00% 0.00% 0.00% 0.00%
Cash Reserve Ratio (CRR)*
a. Rupiah Main CRR
 Daily 2.96% 2.36% 4.92% 0.00% 0.00%
 Average 5.53% 3.16% 6.10% 6.70% 6.74%
b. Foreign currency CRR 4.07% 4.05% 8.08% 8.14% 8.05%
Overall Net Open Position (NOP) 1.22% 1.77% 3.63% 1.20% 0.80%
VI. Other Ratios
Number of Employees (Including Subsidiaries)*** 12,017 12,899 13,269 13,352 13,820
Operational Profit per Employee (Rp Millions) 438 221 345 359 297
Number of Branch Offices (Unaudited) 427 451 451 503 542
Number of ATMs (Unaudited) 3,563 4,316 4,500 4,500 4,500

* Business As Usual (excluding):
 2019 : Voluntary Retirement Program (VRP)
 2021 : Exceptional Item
** After Loan and Market Risk Calculations
*** Includes members candidates of the Board of Directors who will be effective after obtaining OJK approval and/or fulfillment of the requirements determined in the OJK approval.