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COMPANY REPORT

BCIC
BANK MUTIARA TBK.

Company Profile

PT Bank Mutiara Tbk (“the Bank”) (formerly PT Bank Century) was a bank merger between
PT Bank CIC International Tbk, PT Bank Danpac Tbk and PT Bank Pikko Tbk in October 2004.

The Company is domiciled in Gedung Sentral Senayan II, Jln. Asia Afrika No. 8 Jakarta and
has 26 branch offices, 27 supporting offices, and 5 cash offices.

August 2010

Disclaimer:
The facts and opinions stated or expressed in this publication are for information purposes only and are not necessarily and must not be relied upon as being those of the publisher or
of the institutions for which the contributing authors work. Although every care has been taken to ensure the accuracy of the information contained within the publication it should not be
by any person relied upon as the basis for taking any action or making any decision. The Indonesia Stock Exchange cannot be held liable or otherwise responsible in anyway for any
advice action taken or decision made on the basis of the facts and opinions stated or expressed or stated within this publication.
Bank Mutiara Tbk. BCIC
TRADING ACTIVITIES
CLOSING PRICE* AND TRADING VOLUME
Closing Volume Closing Price Freq. Volume Value

Day
BANK MUTIARA TBK.
Price* JANUARY 2006 - AUGUST 2010 (Mill. Sh) Month High Low Close (X) (Thou. Sh) (Million Rp)
105 1,400 Jan-06 80 70 80 96 2,207 168 20
Feb-06 80 65 65 163 6,976 485 20
Mar-06 70 60 60 270 153,252 7,813 21
90 1,200
Apr-06 85 50 70 650 49,663 3,285 17
May-06 75 55 60 165 13,075 838 18
75 1,000 Jun-06 60 50 60 79 5,984 335 16
Jul-06 60 45 55 325 54,834 2,775 20
Aug-06 60 50 55 183 21,378 1,119 18
60 800 Sep-06 60 50 55 272 52,525 2,857 18
Oct-06 60 50 60 293 73,051 3,809 16
Nov-06 70 55 65 511 60,419 3,734 20
45 600
Dec-06 75 55 70 879 89,023 5,661 17
Jan-00 - - - - - - -
30 400 Jan-07 68 55 60 164 12,343 730 20
Feb-07 106 58 83 4,784 493,150 38,680 19
Mar-07 94 64 66 3,637 205,477 16,392 21
15 200 Apr-07 101 66 92 4,412 603,799 44,463 20
May-07 104 75 81 5,134 876,175 76,675 21
Jun-07 98 70 75 12,661 1,612,313 134,749 20
Jan 06 Jan 07 Jan 08 Jan 09 Jan 10 Jul-07 85 72 73 10,288 1,303,304 102,246 22
Aug-07 73 50 60 10,412 1,625,171 98,236 22
Sep-07 89 58 83 34,996 4,875,374 369,784 20
Oct-07 85 69 72 10,738 1,239,472 96,116 20
CHANGE OF CLOSING PRICE Nov-07 75 64 70 7,046 962,072 66,241 22
FINANCE INDEX AND JAKARTA COMPOSITE INDEX Dec-07 74 65 68 3,569 487,886 33,740 16
JANUARY 2006 - AUGUST 2010
Jan-00 - - - - - - -
210% 210%
Jan-08 71 57 68 6,050 796,961 52,681 20
Jakarta Composite Index Feb-08 75 65 72 4,784 652,037 46,387 19
175% Finance Index 175% Mar-08 70 58 65 3,130 380,631 24,641 18
Closing Price
Apr-08 99 71 86 12,830 1,767,456 142,320 22
140% 140% May 08
May-08 92 78 78 4 653
4,653 979 386
979,386 83 734
83,734 20
Jun-08 88 77 78 2,366 221,422 17,922 21
Jul-08 79 69 73 1,710 100,770 7,489 22
105% 105%
Aug-08 73 64 68 547 41,163 2,812 20
Sep-08 70 51 58 1,959 104,455 6,347 21
70% 70% Oct-08 57 50 51 1,244 172,622 8,819 16
Nov-08 56 50 50 482 83,381 4,207 10
35% 35% Dec-08 - - 50 - - - -
Jan-00 - - - - - - -
- -
Jan-09 - - 50 - - - -
Feb-09 - - 50 - - - -
Mar-09 - - 50 - - - -
-35% -35%
Apr-09 - - 50 - - - -
May-09 - - 50 - - - -
-70% -70% Jun-09 - - 50 - - - -
Jan 06 Jan 07 Jan 08 Jan 09 Jan 10 Jul-09 - - 50 - - - -
Aug-09 - - 50 - - - -
Sep-09 - - 50 - - - -
SHARES TRADED 2006 2007 2008 2009 Aug-10 Oct-09 - - 50 - - - -
Volume (Million Shares) 582 14,297 5,300 - - Nov-09 - - 50 - - - -
Value (Billion Rp) 33 1,078 397 - - Dec-09 - - 50 - - - -
Frequency (X) 3,886 107,841 39,755 - - Jan-00 - - - - - - -
Days 221 243 209 - - Jan-10 - - 50 - - - -
Feb-10 - - 50 - - - -
Price (Rupiah) Mar-10 - - 50 - - - -
High 85 106 99 - - Apr-10 - - 50 - - - -
Low 45 50 50 - - May-10 - - 50 - - - -
Close 70 68 50 50 50 Jun-10 - - 50 - - - -
Close* 70 68 50 50 50 Jul-10 - - 50 - - - -
Aug-10 - - 50 - - - -
PER (X) 44.66 23.56 -0.19 4.49 16.39 Sep-10 - - - - - - -
PER Industry (X) 18.29 12.57 16.77 13.41 21.08 Oct-10 - - - - - - -
PBV (X) 2.03 1.63 -0.92 2.51 2.36 Nov-10 - - - - - - -
Dec-10 - - - - - - -
* Adjusted price after corporate action
Bank Mutiara Tbk. BCIC
Financial Data and Ratios
Public Accountant : RSM Aryanto, Amir Jusuf, Mawar & Saptoto (Member of RSM International) Book End : December

BALANCE SHEET Dec-2006 Dec-2007 Dec-2008 Dec-2009 Jun-2010


TOTAL ASSETS AND LIABILITIES
(Million Rp except Par Value) (Billion Rupiah)
Cash on Hand 101,997 129,350 118,578 150,558 231,216 15,000
Pl
Placements with
i h Other
O h Banks
B k 4 468 955
4,468,955 3,092,805
3 092 805 220,903
220 903 448
448,969
969 1,571,614
1 571 614 Assets Liabilities
Marketable Securities 3,248,853 3,255,691 692,587 1,945,673 708,120 12,000
Loans 2,354,588 3,918,827 3,531,385 3,418,595 4,034,250
Investment - - - - - 9,000

Fixed Assets 135,399 130,464 142,083 130,527 125,942


6,000
Other Assets 893,084 762,647 49,653 50,659 8,541,845
Total Assets 14,547,470 14,509,632 5,585,890 7,531,145 8,541,845
3,000
Growth (%) -0.26% -61.50% 34.82% 13.42%
-
Deposits 11,623,222 10,980,284 5,400,748 6,264,794 7,183,476 2006 2007 2008 2009 Jun-10
Taxes Payable 14,497 10,662 8,161 10,138 8,870
Fund Borrowings - - 690,964 - -
Other Liabilities 176,989 207,008 465,318 231,857 234,227 TOTAL EQUITY (Billion Rupiah)
Total Liabilities 13,765,834 13,349,003 7,121,314 6,962,036 7,912,665 1,161
Growth (%) -3.03% -46.65% -2.24% 13.65% 1,161

782
569 629
Minority Interest - - - - -
621

Authorized Capital 5,265,000 5,265,000 5,265,000 12,000,000 12,000,000


82

Paid up Capital 1,769,049 2,211,312 2,211,314 8,973,675 8,973,675


Paid up Capital (Shares) 22,680 28,350 28,350 676,264,450 676,264,450 2006 2007 2008 2009 Jun-10
-457

Par Value 78 78 78 78 & 0.01 78 & 0.01


Retained Earnings -1,531,215 -1,433,666 -8,903,713 -8,638,230 -8,579,898 -996

Total Equity 781,636 1,160,629 -1,535,424 569,109 629,180


Growth (%) 48.49% N/A N/A 10.56%
-1,535

-1,535

INCOME STATEMENTS Dec-2006 Dec-2007 Dec-2008 Dec-2009 Jun-2010


Total Revenues 1,338,307 1,167,954 616,770 556,820 328,696
TOTAL REVENUES (Billion Rupiah)
Growth (%) -12.73% -47.19% -9.72%
1,338
1,338

Interest Expenses 1,041,299 774,137 751,184 475,715 257,404 1,168


Other Operating Revenue 276,247 211,850 190,599 219,061 41,206 1,071

Other Operating Expenses 558,586 514,058 7,006,146 57,318 52,839


Income from Operations 14,669 91,609 -6,949,961 242,848 59,659 803

617
Growth (%) 524.51% N/A N/A 557
535

329
Non-Operating Revenues 35,885 -40,638 -230,723 3,441 -1,325
268

Income Before Tax 50,554 50,971 -7,180,684 246,289 58,334


Provision for Income Tax 14,960 -5,975 100,466 -19,194 - -

Minority Interest - - - - - 2006 2007 2008 2009 Jun-10


Net Income 35,594 56,946 -7,281,150 265,483 58,334
Growth (%) 59.99% N/A N/A
NET INCOME (Billion Rupiah)
RATIOS Dec-2006 Dec-2007 Dec-2008 Dec-2009 Jun-2010 265
36 57 58
Dividend (Rp) - - - - - 265

EPS (Rp) 1.57 2.01 -256.83 0.0004 0.0001 2006 2007 2008 2009 Jun-10
BV (Rp) 34.46 40.94 -54.16 0.001 0.001
-1,244

DAR (X) 0.95 0.92 1.27 0.92 0.93


-2,753

DER(X) 17.61 11.50 -4.64 12.23 12.58


ROA (%) 0.35 0.35 -128.55 3.27 0.68 -4,262

ROE (%) 6.47 4.39 467.67 43.28 9.27


OPM (%) 1.10 7.84 -1,126.83 43.61 18.15 -5,772

NPM (%) 2.66 4.88 -1,180.53 47.68 17.75


Payout Ratio (%) - - - - -
-7,281

-7,281
Yield (%)
( ) - - - - -