BRI Performance Highlights and Green Initiatives slide image

BRI Performance Highlights and Green Initiatives

MODIFICATION LOSS IMPACTS IN 2022 REGULATIONS PSAK 71 par 5.4.3 When the contractual cash flows of a financial asset are renegotiated or modified and does not result in the derecognition of the financial asset. In accordance with this statement, the entity recalculates the gross carrying amount of the financial asset and recognizes any gain or loss arising from the modification in the profit or loss. SE OJK No.34/SEOJK.03/2021 The modified gain or loss is calculated as the difference between the discounted new contractual cash flows using the contract's initial effective interest rate and the carrying amount of the credit (day 1 gain/loss), recorded as part of the interest. Note: all numbers are bank only, unless stated as consolidated FY 2022 BRI (Rp billion) Items Published Number One-Off Impacts Adjusted Number Interest Income 124,009 Interest Expense 23,042 NII 7,557 131,566 23,042 100,967 7,557 108,524 NIM (YtD) 6.80% 0.48% 7.28% Yield (YtD) 10.82% 0.71% 11.53% Note: The one-off impacts are related to modification loss due to restructuring in a few primary companies (business sectors of manufacturing, airline, infrastructures, & others) 29 29
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