PT Bank Central Asia Tbk : Monthly Financial Report December 2022

PT BANK CENTRAL ASIA Tbk & Subsidiaries

STATEMENTS OF FINANCIAL POSITION

As of December 31, 2022 & 2021

					(In millions of Rupiah)
		INDIVIDUAL	CONSOLIDATED
No.	ACCOUNTS	Audited	Audited	Audited		Audited
		Dec 31, 2022	Dec 31, 2021	Dec 31, 2022		Dec 31, 2021

ASSETS

1. Cash
2. Placement with Bank Indonesia
3. Placement with other banks
4. Spot and derivative/forward receivables
5. Securities
6. Securities sold under repurchase agreement (repo)
7. Claims on securities bought under reverse repo
8. Acceptance receivables
9. Loans and financing

1. Sharia financing
2. Equity investment
3. Other financial assets
4. Impairment on financial assets -/-
5. 1. Securities
   2. Loans and Sharia financing
   3. Others
6. Intangible assets
   Accumulated amortization on intangible asset -/-
7. Fixed assets and equipment
   Accumulated depreciation on fixed assets and equipment -/-
8. Non earning assets
9. 1. Abandoned property
   2. Foreclosed assets
   3. Suspense accounts
   4. Interbranch assets
10. Other assets

21,281,939

120,983,623

15,813,222

100,318

243,727,246

-

152,408,798

15,515,098

691,141,340

-

10,261,404

9,844,592

(34,480,718)

(161,989)

(33,892,635)

(426,094)

2,511,297

(2,114,743)

33,403,377

(9,512,383)

1,570,596

68,293

1,482,150

13,134

7,019

10,911,349

23,607,364

133,302,108

28,114,587

1,330,085

222,804,896

-

145,529,001

11,460,314

620,640,134

-

10,193,904

9,768,580

(33,016,176)

(196,218)

(32,189,591)

(630,367)

2,270,402

(1,859,328)

29,940,202

(8,481,767)

1,338,993

38,893

1,233,051

13,967

53,082

8,548,500

21,359,509

122,792,126

17,453,443

100,318

255,961,933

303,227

153,966,411

15,515,098

703,562,178

7,576,818

956,676

10,913,537

(35,462,188)

(180,268)

(34,839,835)

(442,085)

3,872,186

(2,305,066)

34,780,533

(10,071,161)

1,725,571

88,655

1,616,757

13,140

7,019

11,730,525

23,615,635

135,020,049

29,523,621

1,330,085

231,066,100

79,748

147,066,103

11,460,314

630,653,538

6,248,459

841,711

10,758,103

(34,093,869)

(209,381)

(33,238,656)

(645,832)

3,605,958

(2,023,666)

31,108,373

(8,939,074)

1,523,208

54,501

1,401,658

13,967

53,082

9,500,284

TOTAL ASSETS

1,283,366,355

1,205,491,799

1,314,731,674

1,228,344,680

PT BANK CENTRAL ASIA Tbk & Subsidiaries

STATEMENTS OF FINANCIAL POSITION

As of December 31, 2022 & 2021

				(In millions of Rupiah)
		INDIVIDUAL	CONSOLIDATED
No.	ACCOUNTS	Audited	Audited	Audited	Audited
		Dec 31, 2022	Dec 31, 2021	Dec 31, 2022	Dec 31, 2021
	LIABILITIES AND EQUITIES
	LIABILITIES
1.	Current account	321,895,959	284,639,503	323,924,052	285,639,525
2.	Saving account	520,387,136	479,404,641	524,013,719	481,372,612
3.	Time deposit	181,376,508	202,939,420	191,780,247	208,936,634
4.	Electronic money	1,123,551	935,221	1,123,551	935,221
5.	Liabilities to Bank Indonesia	577	577	577	577
6.	Liabilities to other banks	8,006,044	10,039,091	7,936,209	10,017,194
7.	Spot and derivative/forward liabilities	383,273	55,162	383,273	55,162

8. Liabilities on securities sold under repurchase

	agreement (repo)	-	-	255,962	77,021
9.	Acceptance liabilities	9,666,648	6,644,294	9,666,648	6,644,294
10.	Issued securities	500,000	500,000	500,000	982,149
11.	Loans/financing received	11,887	417	1,316,374	975,648
12.	Margin deposit	283,817	229,304	284,077	229,556
13.	Interbranch liabilities	8,996	6,904	8,996	6,904
14.	Other liabilities	27,508,089	25,385,703	32,356,334	29,623,249
15.	Minority interest	-	-	163,049	136,172
	TOTAL LIABILITIES	1,071,152,485	1,010,780,237	1,093,713,068	1,025,631,918
	EQUITIES
16.	Paid in capital	1,540,938	1,540,938	1,540,938	1,540,938
	a. Capital	5,500,000	5,500,000	11,500,000	11,500,000
	b. Unpaid capital -/-	(3,959,062)	(3,959,062)	(9,959,062)	(9,959,062)
	c. Treasury stock -/-	-	-	-	-
17.	Additional paid in capital	5,711,368	5,711,368	5,548,977	5,548,977
	a. Agio	5,711,368	5,711,368	5,711,368	5,711,368
	b. Disagio -/-	-	-	-	-
	c. Fund for paid up capital	-	-	-	-
	d. Others	-	-	(162,391)	(162,391)
18.	Other comprehensive income	9,061,796	12,455,457	9,667,038	13,023,485
	a. Gains	12,374,201	15,480,062	12,969,833	16,042,726
	b. Losses -/-	(3,312,405)	(3,024,605)	(3,302,795)	(3,019,241)
19.	Reserves	2,826,792	2,512,565	2,826,792	2,512,565
	a. General reserves	2,826,792	2,512,565	2,826,792	2,512,565
	b. Appropriated reserves	-	-	-	-
20.	Gain/loss	193,072,976	172,491,234	201,434,861	180,086,797
	a. Previous years	172,211,209	154,811,304	179,806,772	162,396,977
	b. Current Year	39,969,400	31,412,770	40,735,722	31,422,660
	c. Dividends paid -/-	(19,107,633)	(13,732,840)	(19,107,633)	(13,732,840)

TOTAL EQUITIES

212,213,870

194,711,562

221,018,606

202,712,762

TOTAL LIABILITIES AND EQUITIES

1,283,366,355

1,205,491,799

1,314,731,674

1,228,344,680

PT BANK CENTRAL ASIA Tbk & Subsidiaries

STATEMENTS OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME

For Years Ended December 31, 2022 & 2021

(In millions of Rupiah)

		INDIVIDUAL	CONSOLIDATED
No.	ACCOUNTS	Audited	Audited	Audited	Audited
		Dec 31, 2022	Dec 31, 2021	Dec 31, 2022	Dec 31, 2021
OPERATIONAL INCOME AND EXPENSES
A. Interest income and expenses
1.	Interest income	68,103,869	62,039,167	72,458,787	65,979,796
2.	Interest expenses	7,911,488	9,252,244	8,315,434	9,509,175
	Net interest income (expenses)	60,192,381	52,786,923	64,143,353	56,470,621
B. Other operational income and expenses
1.	Gains (losses) from increase (decrease) fair value on financial
	assets	(1,559,817)	324,518	(1,506,999)	335,239
2.	Gains (losses) from decrease (increase) fair value on financial
	liabilities	-	-	-	-
3.	Gains (losses) on sale of financial assets	(130,427)	713,818	(44,620)	760,854
4.	Gains (losses) on spot and derivatives/forward (realised)	341,702	1,421,964	346,244	1,432,313
5.	Gains (losses) on investment under equity method	-	-	-	-
6.	Gains (losses) from translation of foreign currency transactions	2,337,188	(94,681)	2,338,937	(91,125)
7.	Dividend income	1,702,184	2,045,885	46,530	10,034
8.	Commission/provision/fee and administration income	16,455,832	14,539,773	16,583,965	14,679,877
9.	Other income	1,791,683	1,555,404	4,909,320	4,299,519
10.	Impairment of financial assets	4,383,978	8,994,680	4,526,619	9,323,995
11.	Losses on operational risk	12,962	27,624	13,272	27,752
12.	Personnel expenses	12,190,691	12,326,825	13,651,458	13,487,127
13.	Promotion expenses	1,041,150	745,336	1,318,563	964,487
14.	Others expenses	14,275,567	12,472,333	16,867,892	14,954,378
	Net Other Operational Income (Expenses)	(10,966,003)	(14,060,117)	(13,704,427)	(17,331,028)
	OPERATIONAL PROFIT (LOSS)	49,226,378	38,726,806	50,438,926	39,139,593
NON OPERATIONAL INCOME AND EXPENSES
1.	Gains (losses) on sale of fixed assets and equipment	(24,616)	(1,447)	(23,091)	16,764
2.	Other non operational income (expenses)	(205,520)	(452,693)	51,198	(315,183)
	NON OPERATIONAL PROFIT (LOSS)	(230,136)	(454,140)	28,107	(298,419)
	CURRENT YEAR PROFIT (LOSS) BEFORE TAX	48,996,242	38,272,666	50,467,033	38,841,174
	Income tax	9,026,842	6,859,896	9,711,461	7,401,015
	a. Estimated current year tax	9,804,547	7,577,746	10,419,353	8,152,163
	b. Deferred tax income (expenses)	777,705	717,850	707,892	751,148
	NET PROFIT (LOSS) AFTER TAX	39,969,400	31,412,770	40,755,572	31,440,159
	NET PROFIT (LOSS) OF MINORITY INTEREST			19,850	17,499
OTHER COMPREHENSIVE INCOME
1.	Items that will not be reclassified subsequently to
	profit or loss
	a. Revaluation surplus of fixed assets	1,189,684	-	1,225,786	90
	b. Gains (losses) from actuary benefit program	(287,800)	1,355,520	(283,344)	1,350,669
	c. Others	-	-	-	-
2.	Items that will be reclassified subsequently to
	profit or loss
	a. Gains (losses) arising from translation of financial statements in
	foreign currency	-	-	52,708	4,568
	b. Gains (losses) from changes in fair value of financial assets-
	debt instruments measured through other comprehensive
	income	(4,261,343)	(927,753)	(4,317,868)	(928,421)
	c. Others	-	-	-	-
	OTHER COMPREHENSIVE INCOME FOR THE YEAR AFTER
	INCOME TAX	(3,359,459)	427,767	(3,322,718)	426,906
	TOTAL COMPREHENSIVE PROFIT (LOSS) FOR THE YEAR	36,609,941	31,840,537	37,432,854	31,867,065
	Net Profit (Loss) Attributable To :
	OWNERS OF THE PARENT	39,969,400	31,412,770	40,735,722	31,422,660
	NON-CONTROLLING INTEREST			19,850	17,499
	NET PROFIT (LOSS)	39,969,400	31,412,770	40,755,572	31,440,159
	Total Comprehensive Profit (Loss) Attributable To :
	OWNERS OF THE PARENT	36,609,941	31,840,537	37,413,477	31,849,276
	NON-CONTROLLING INTEREST			19,377	17,789
	TOTAL COMPREHENSIVE PROFIT (LOSS) FOR THE YEAR	36,609,941	31,840,537	37,432,854	31,867,065
	DIVIDEND	(19,107,633)	(13,732,840)	(19,107,633)	(13,732,840)
	EARNINGS PER SHARE (in full amount)			330	255

PT BANK CENTRAL ASIA Tbk & Subsidiaries

CONSOLIDATED STATEMENTS OF CASH FLOWS

For Years Ended December 31, 2022 & 2021

(In millions of Rupiah)

				CONSOLIDATED
No.			ACCOUNTS	Audited	Audited
				Dec 31, 2022	Dec 31, 2021
I.	CASH FLOWS FROM OPERATING ACTIVITIES
	1.	Receipts of interest and sharia income, fees and commissions	89,720,816	87,630,904
	2.	Other operating income	5,595,626	4,787,096
	3.	Payments of interest and sharia expenses, fees and commissions	(8,372,338)	(9,606,910)
	4.	Payments of post-employment benefits	(362,848)	(2,020,877)
	5.	(Loss) gain from foreign exchange transactions - net	3,083,584	1,488,981
	6.	Other operating expenses	(29,944,225)	(27,304,565)
	7.	Payment of tantiem to Board of Commissioners and Directors	(493,000)	(440,390)
	8.	Other increases/decreases affecting cash :
		a. Placements with Bank Indonesia and other banks - mature more than
			3 (three) months from the date of acquisition	9,776,116	(5,905,153)
		b. Financial assets measured at fair value through profit and loss	(209,675)	887,455
		c. Acceptance receivables	(4,054,784)	(2,906,339)
		d. Bills receivable	633,297	1,766,963
		e. Securities purchased under agreements to resell	(6,900,307)	(245,707)
		f.	Loans receivable	(73,189,294)	(51,043,093)
		g. Consumer financing receivables	(222,986)	(400,472)
		h. Finance leases receivables - net	(38,002)	10,292
		i. Assets related to sharia transactions	(1,456,064)	(840,578)
		j.	Other assets	(25,785)	1,059,049
		k.	Deposits from customers	55,348,155	133,511,934
		l.	Sharia deposits	1,205,821	468,387
		m. Deposits from other banks	(2,241,366)	(206,217)
		n. Acceptance payables	3,022,354	2,244,249
		o. Accruals and other liabilities	2,293,350	1,372,445
		p. Temporary syirkah deposits	718,387	404,360
		Net cash provided by (used in) operating activities before income tax	43,886,832	134,711,814
	9.	Payment of income tax	(10,107,569)	(8,525,496)
	Net cash provided by (used in) operating activities	33,779,263	126,186,318
II.	CASH FLOWS FROM INVESTING ACTIVITIES
	1.	Proceeds from sales of investment securities	150,000	3,656
	2.	Acquisition of investment securities	(136,240,737)	(128,125,285)
	3.	Proceeds from investment securities that matured during the year	107,010,907	90,154,180
	4.	Cash dividends received from investment in shares	46,530	10,034
	5.	Payment for acquisition activities	-	-
	6.	Acquisition of fixed assets	(2,631,226)	(3,061,820)
	7.	Acquisition of right of use assets	(723,780)	(243,632)
	8.	Proceeds from sale of fixed assets	5,320	15,009
	Net cash provided by (used in) investing activities	(32,382,986)	(41,247,858)
III.	CASH FLOWS FROM FINANCING ACTIVITIES
	1.	Proceeds from debt securities issued	-	-
	2.	Payment of debt securities issued	(483,000)	(110,000)
	3.	Proceeds from borrowings	23,546,543	7,227,273
	4.	Payment of borrowings	(23,237,805)	(7,559,654)
	5.	Proceeds from increase of non-controlling interest	7,500	-
	6.	Payments of cash dividends	(19,107,633)	(13,732,840)
	7.	Proceeds from securities sold under repurchase agreements to repurchase	1,490,501	674,374
	8.	Payment of securities sold under repurchase agreements to repurchase	(1,332,322)	(597,382)
	Net cash provided by (used in) financing activities	(19,116,216)	(14,098,229)
	NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS	(17,719,939)	70,840,231
	CASH AND CASH EQUIVALENTS, BEGINNING OF YEAR	177,268,685	106,271,237
	EFFECT OF FOREIGN EXCHANGE RATE FLUCTUATIONS ON CASH AND CASH
		EQUIVALENTS	873,625	157,217
	CASH AND CASH EQUIVALENTS, END OF YEAR	160,422,371	177,268,685
IV.	CASH AND CASH EQUIVALENTS CONSIST OF :
	1.	Cash	21,359,509	23,615,635
	2.	Current accounts with Bank Indonesia	104,110,295	65,785,161
	3.	Current accounts with other banks	4,752,659	11,605,371
	4.	Placements with Bank Indonesia and other banks - mature within 3 (three)
		months or less from the date of acquisition	30,199,908	76,262,518
	Total cash and cash equivalents	160,422,371	177,268,685

PT BANK CENTRAL ASIA Tbk

FINANCIAL RATIOS CALCULATION

As of December 31, 2022 & 2021

		Ratio	Audited	Audited
		Dec 31, 2022	Dec 31, 2021
Performance Ratio
1.	Capital Adequacy Ratio (CAR)	25.77%	25.66%
2.	Non performing earning assets and non earning assets
	to total earning assets and non earning assets	0.91%	1.10%
3.	Non perfoming earning assets to total earning assets	0.81%	1.01%
4.	Allowance for impairment on financial assets to earning
	assets	3.01%	2.98%
5.	Gross NPL	1.71%	2.16%
6.	Net NPL	0.59%	0.78%
7.	Return on Asset (ROA) 1)	3.91%	3.41%
8.	Return on Asset (ROA) 2)		2.80%
9.	Return on Equity (ROE)	21.70%	18.25%
10.	Net Interest Margin (NIM)	5.34%	5.10%
11.	Operating Expenses to Operating Income (BOPO)	46.54%	54.15%
12.	Cost to Income Ratio (CIR) 3)	36.10%	36.28%
13.	Cost to Income Ratio (CIR) 4)	33.92%	34.89%
14.	Loan to Deposit Ratio (LDR)	65.23%	61.96%
Compliance
1.	a. Percentage Violation of Legal Lending Limit
	i.	Related parties	0.00%	0.00%
	ii. Non related parties	0.00%	0.00%
	b. Percentage Lending in excess of Legal Lending Limit
	i.	Related Parties	0.00%	0.00%
	ii. Non related parties	0.00%	0.00%
2.	Reserve Requirement
	a. Primary Reserve Requirement (Rupiah)
	-	Daily	0.00%	0.50%
	-	Average	7.48%	3.15%
	b. Reserve Requirement (Foreign currencies) - daily	2.00%	2.00%
3.	Net Open Position	0.12%	0.08%

1. Calculation using profit before tax divided by average total assets.
2. Calculation using profit after tax divided by average total assets.
3. In accordance with Financial Services Authority Circular Letter No. 9/SEOJK.03/2020 presented with the calculation of gains from trading transaction and foreign currencies on operational income; and losses from trading transaction and foreign currencies on operational expenses.
4. Based on accounting standard presented at net amount of gains and losses from trading transaction and foreign currencies on operational income.

Jakarta, January 27, 2023

PT BANK CENTRAL ASIA Tbk

S.E & O

Jahja Setiaatmadja	Vera Eve Lim
President Director	Director