Financial Services Authority Circular No. 14/SEOJK.03/2021 Concerning the Business Plan of Islamic Commercial Banks and Islamic Business Units

To:

Board of Directors of Islamic Commercial Banks; and
Board of Directors of Conventional Commercial Banks with Islamic Business Units,
At their respective locations.

COPY

CIRCULAR OF THE FINANCIAL SERVICES AUTHORITY
REPUBLIC OF INDONESIA
NUMBER 14 /SEOJK.03/2021

CONCERNING
BUSINESS PLAN OF ISLAMIC COMMERCIAL BANKS AND ISLAMIC BUSINESS UNITS

In light of the implementation of Financial Services Authority Regulation Number 5/POJK.03/2016 concerning Business Plans of Banks (State Gazette of the Republic of Indonesia Year 2016 Number 17, Additional State Gazette of the Republic of Indonesia Number 5841), hereinafter referred to as POJK on Business Plans of Banks (POJK RBB), Banks are required to prepare realistic Business Plans annually. Furthermore, given the recent developments in banking regulations, which among other things have caused changes in the scope, format, and reporting procedures of Business Plans previously regulated in Financial Services Authority Circular Number 8/SEOJK.03/2018 concerning Business Plans of Islamic Commercial Banks and Islamic Business Units, it is necessary to regulate the implementation provisions regarding the Business Plan of Islamic Commercial Banks (BUS) and Islamic Business Units (UUS) as follows:

I. GENERAL PROVISIONS
To achieve business objectives guided by the established vision and mission, BUS and UUS need to prepare a Business Plan by considering external and internal factors, prudential principles, risk management implementation, the principle of healthy banking, and Sharia principles. The Business Plan must be prepared thoroughly, realistically, and comprehensively so as to reflect the complexity of BUS and UUS business and the adaptability of BUS and UUS to recent developments, thereby serving as a policy direction and business development for BUS and UUS.

II. BUSINESS PLAN
In accordance with POJK RBB, the Business Plan of BUS and UUS must at least include:

Executive Summary
This section contains a general explanation, both quantitative and qualitative, regarding the results achieved in the previous year, including capital aspects; profitability; risk assessment, specifically credit risk, market risk, and liquidity risk; third-party funds; and financial ratios. In addition, the executive summary also contains the business targets of BUS and UUS in the short term (1 (one) year) to the medium term (3 (three) years).
Management Policies and Strategies
This section contains an explanation of management policies and strategies for the next 1 (one) year, which must at least include an analysis of the position of BUS and UUS in facing business competition, management policies (policy statements), risk management and compliance policies, business development strategies, Human Resources (HR) development strategies, and remuneration policies.
Implementation of Risk Management and Current Performance of BUS and UUS
This section contains a quantitative and qualitative explanation regarding the condition of BUS and UUS at the time of preparing the Business Plan and focuses on main matters that need attention or problems faced and the results achieved by BUS and UUS.
Financial Statement Projections
This section contains information regarding the financial projections of BUS and UUS for the next 3 (three) years. This section also elaborates on the macro and micro assumptions used in preparing the aforementioned financial projections.
Projections of Ratios and Other Specific Items
This section contains projections of financial ratios and other specific ratios for the next 3 (three) years.
Funding Plan
This section reflects the plan for raising funds for the next 3 (three) years. This section also elaborates on the assumptions used in preparing the plan and the strategies of BUS and UUS to realize the funding plan.
Investment Plan
This section reflects the investment plan for the next 3 (three) years. This section also elaborates on the assumptions used in preparing the aforementioned plan and the strategies of BUS and UUS to realize the investment plan.
Capital Participation Plan for BUS
This section reflects the capital participation plan for the next 3 (three) years as regulated in Financial Services Authority Regulations regarding prudential principles in capital participation activities.
Capital Plan
This section must at least include projections of compliance with Minimum Capital Adequacy Requirements (KPMM) and plans for capital changes for the next 3 (three) years.
Organization and HR Development Plan
This section elaborates on information regarding the organizational structure and current HR conditions, ongoing organization and HR development plans, and other HR-related development plans for at least the next 1 (one) year.
Plan for Issuing Products and/or Conducting New Activities
The plan for issuing products and/or conducting new activities is an elaboration of the plan for conducting bank products that meet the definition of new products in accordance with Financial Services Authority regulations regarding the conduct of commercial bank products. This section contains the development focus and analysis results in the conduct of new BUS and UUS products for the next 1 (one) year.
Plan for Office Network Development and/or Changes
The plan for office network development and/or changes includes plans for opening, changing status, relocating addresses, and/or closing for the next 1 (one) year. The definition of office network and the scope of the office network reported in the plan for office network development and/or changes are in accordance with statutory regulations regarding Islamic commercial banks and Islamic business units.
Other Information
Other information contains other plans that need to be elaborated (if any) but are not included in the scope of the Business Plan established in numbers 1 to 12, including steps for resolving problematic financing including Assets Taken Over (AYDA), fixed assets not used in BUS and UUS operations, linkage programs, development of BUS and UUS services, and/or other information required by statutory regulations and/or required by the Financial Services Authority.

The scope of the Business Plan established by the Financial Services Authority is minimum, so BUS and UUS may expand this scope according to needs, while still paying attention to the matters in Section I. The preparation of the Business Plan refers to the guidelines as contained in the Appendix which is an integral part of this Financial Services Authority Circular.

III. BUSINESS PLAN REALIZATION REPORT AND BUSINESS PLAN SUPERVISION REPORT

In accordance with POJK RBB, the Business Plan Realization Report is submitted by BUS and UUS quarterly, namely for the positions of March, June, September, and December. The Business Plan Realization Report must at least include an explanation regarding the achievement of the Business Plan, an explanation regarding deviations from the realization of the Business Plan, follow-up or efforts to be made to improve the realization achievement of the Business Plan, financial ratios and specific items, and other information.
In accordance with POJK RBB, the Board of Commissioners conducts supervision over the implementation of the Business Plan. The results of this supervision are subsequently formulated in the Business Plan Supervision Report, which is reported semi-annually. In relation to the duties of the Board of Commissioners, BUS and UUS must have an internal mechanism for the preparation of the Business Plan Supervision Report.
The scope of the Business Plan Supervision Report prepared by the Board of Commissioners must at least include an assessment regarding the implementation of the Business Plan, factors affecting the overall performance of BUS and UUS, and efforts to improve the performance of BUS and UUS in the event of a performance decline based on the assessment results. The preparation of the Business Plan Realization Report and the Business Plan Supervision Report refers to the guidelines as contained in the Appendix which is an integral part of this Financial Services Authority Circular.

IV. REPORTING

In accordance with POJK RBB, BUS and UUS submit the Business Plan or adjustments to the Business Plan, the Business Plan Realization Report, and the Business Plan Supervision Report to the Financial Services Authority.
The Reports referred to in number 1 are submitted to the Financial Services Authority online through the Financial Services Authority reporting system.
The procedures and deadlines for online submission of reports are carried out in accordance with the procedures and deadlines in accordance with Financial Services Authority Regulations regarding reporting by commercial banks through the Financial Services Authority reporting system.

This copy is in accordance with the original
Director of Law 1
Legal Department signed
Mufli Asmawidjaja

V. OTHER PROVISIONS

BUS and UUS first submit the Business Plan Realization Report in accordance with this Financial Services Authority Circular for the data position of the March 2021 report.
BUS and UUS first submit the Business Plan Supervision Report in accordance with this Financial Services Authority Circular for the data position of the June 2021 report.
BUS and UUS first submit the Business Plan in accordance with this Financial Services Authority Circular for the 2022 Business Plan.
In the event that BUS and UUS make adjustments and/or changes to the 2021 Business Plan, BUS and UUS use the format as used in preparing the 2021 Business Plan.
Adjustments and/or changes to the 2021 Business Plan are submitted offline.

VI. CLOSING

At the time this Financial Services Authority Circular takes effect, Financial Services Authority Circular Number 8/SEOJK.03/2018 concerning Business Plans of Islamic Commercial Banks and Islamic Business Units is revoked and declared invalid.
The provisions in this Financial Services Authority Circular take effect on the date of determination.

Determined in Jakarta on 30 April 2021

EXECUTIVE HEAD OF BANKING SUPERVISOR
FINANCIAL SERVICES AUTHORITY
REPUBLIC OF INDONESIA, signed
HERU KRISTIYANA

i -
APPENDIX
CIRCULAR OF THE FINANCIAL SERVICES AUTHORITY
REPUBLIC OF INDONESIA
NUMBER 14 /SEOJK.03/2021
CONCERNING
BUSINESS PLAN OF ISLAMIC COMMERCIAL BANKS AND ISLAMIC BUSINESS UNITS
ii -
GUIDELINES FOR PREPARATION
OF BUSINESS PLAN, BUSINESS PLAN REALIZATION REPORT, AND BUSINESS PLAN SUPERVISION REPORT OF ISLAMIC COMMERCIAL BANKS AND ISLAMIC BUSINESS UNITS
iii -
TABLE OF CONTENTS
I. GUIDELINES FOR PREPARATION OF BUSINESS PLAN ...........................................1

Executive Summary ........................................................................1
Management Policies and Strategies...................................................4
Implementation of Risk Management and Current Performance of BUS and UUS.....5
Financial Statement Projections .............................................................7
a. Format of Financial Position Statement (Balance Sheet) Projections...................9
b. Format of Commitments and Contingencies Projections...........................13
c. Format of Profit and Loss Statement Projections......................................16
d. Format of Profit Distribution Calculation...............................23
e. Format of Zakat Fund Source and Disbursement Report.............25
f. Format of Benevolence Fund Source and Use Report.....26
g. Format of Macro and Micro Assumptions Used..................27
Projections of Ratios and Other Specific Items........................28
a. Format of Ratios and Other Specific Items Projection Report..........................................................................................29
b. Explanation of Key Financial Ratios and Specific Items.........31
Funding Plan.......................................................................35
a. Format of Third-Party Fund Raising Plan................36
b. Format of Securities Issuance Plan...........................38
c. Format of Other Funding Plans.........................39
Investment Plan.............................................................40
a. Format of Fund Provision Plan to Related Parties ........42
b. Format of Financing Plan to Core Debtors..43
c. Format of Financing Plan Based on Specific Business Activities.........................................................44
d. Format of Financing Plan Based on Economic Sector ................................................................................45
e. Format of Financing Plan Based on Usage Type............................................................................47
f. Format of Financing Plan Based on Province...................................................................................48
g. Format of Financing Plan Based on Contract Type .......................................................................................49
h. Format of Financing Plan to MSMEs Based on Economic Sector..................................................50

iv -
i. Format of Financing Plan to MSMEs Based on Usage Type ..............................................53
j. Format of Financing Plan to MSMEs Based on Province..............................................................54
k. Format of Investment Plan in the Form of Securities.................................................................................55
l. Format of Other Investment Plans............................57

Capital Participation Plan for BUS .............................................58
Capital Plan......................................................................60
a. Projection of Compliance with Minimum Capital Adequacy Requirements (KPMM) for BUS ....................................................60
b. Capital Change Plan......................................................60
Organization and HR Development Plan ................................64
a. Format of HR Condition and HR Needs Plan........................65
b. Format of HR Education and Training Plan.........................................................................65
c. Format of Foreign Labor Utilization Plan and
Format of Outsourcing Labor Use Plan ...........................................................................65
Plan for Issuing Products and/or Conducting New Activities ................................................................................67
Plan for Office Network Development and/or Changes ............................................................................................69
Other Information ..........................................................................71
II. GUIDELINES FOR PREPARATION OF BUSINESS PLAN REALIZATION REPORT...................................................................................................72
Format of Business Plan Realization Information and Follow-up ......73
Format of Financial Ratios and Specific Items Realization Report ...74
Format of Office Network Development and/or Changes Realization Report .............................................................................77
Format of Foreign Labor Utilization, Knowledge Transfer Obligation Implementation Results, and Outsourcing Labor Realization Report ..................................................................................78
Format of HR Education and Training Realization Report ..............79
Format of Linkage Program Realization Report ....................................... 79
III. GUIDELINES FOR PREPARATION OF BUSINESS PLAN SUPERVISION REPORT...................................................................................................81

I. GUIDELINES FOR PREPARATION OF BUSINESS PLAN
The Business Plan of BUS and UUS must at least include:

Executive Summary
This section contains a general explanation, both quantitative and qualitative, regarding the results achieved in the previous year, including capital aspects; profitability; risk assessment, specifically credit risk, market risk, and liquidity risk; third-party funds; and financial ratios. In addition, the executive summary also contains the business targets of BUS and UUS in the short term (1 (one) year) to the medium term (3 (three) years). The executive summary is prepared in accordance with the established format and must at least include:
a. Vision and Mission of BUS and UUS
This section elaborates on the vision and mission that are the objectives of BUS and UUS, which are aligned with the long-term strategic plan of BUS and UUS. b. Policy Direction of BUS and UUS This section provides an explanation regarding the direction and policy of business development to be carried out by BUS and UUS, both in the short term and medium term, which is aligned with the long-term strategic plan of BUS and UUS.
c. Strategic Steps to be Taken by BUS and UUS
This section provides an elaboration regarding the strategic steps to be taken by BUS and UUS to achieve the vision and mission of BUS and UUS in accordance with the policy direction of BUS and UUS in the future. d. Key Financial Indicators This section contains, among other things, actual positions (as of the position of September of the year of Business Plan preparation) and projections. An example table of key financial indicators of the Business Plan is as follows.

Indicator
Actual
Sep
T-1
Projection
Dec
T-1
T Dec
T+1
Dec
T+2 Mar Jun Sep Dec
Minimum Capital Adequacy Ratio
(KPMM)*
Core Capital Ratio against
Risk-Weighted Assets (ATMR)*
Core Capital Ratio against
ATMR*
Core Capital Ratio against
Total Assets*
Return on Asset
(ROA)
Return on Equity
(ROE)*
Net Margin (NI)
Net Operating Margin
(NOM)
Operating Expenses against
Operating Income
(BOPO)

Note:
*) only applicable to BUS
T is the year of Business Plan implementation. For example, for the Business Plan to be implemented in 2022, BUS and UUS submit actual data as of September 2021 (T-1), projection data as of December 2021 (T-1), projection data for 2022 (T) quarterly, namely for the positions of March 2022, June 2022, September 2022, December 2022, as well as projection data for 2023 (T+1) and 2024 (T+2) annually, namely for the positions of December 2023 and December 2024.

Indicator
Actual
Sep
T-1
Projection
Dec
T-1
T Dec
T+1
Dec
T+2 Mar Jun Sep Dec
Ratio of Problematic Productive Assets against Total Productive Assets Ratio of Provision for Impairment Losses (CKPN) of Financial Assets against Productive Assets Non-Performing Financing Ratio (NPF) Gross Net NPF Ratio Ratio of Financing against Total Productive Assets Ratio of Core Debtors against Total Financing Ratio of Financing to Micro, Small, and Medium Enterprises (MSMEs) against Total Financing Short Term Mismatch (STM) Core Depositor Ratio (RDI) Ratio of Total Liquid Assets against Short-Term Funding Financing to Deposit Ratio (FDR)

e. Short-Term and Medium-Term Targets
This section elaborates on targets or business activity focuses of BUS and UUS, both quantitative and qualitative, in the short term and medium term, in accordance with the vision and mission of BUS and UUS, accompanied by reasons for target selection, assumptions used, and strategies to achieve the targets. Short-term targets, for example, include targets for reducing the NPF rate, increasing the intermediation function, and increasing efficiency. Meanwhile, medium-term targets, for example, include targets for developing Sharia-based business activities and targets for implementing good governance.
2. Management Policies and Strategies
This section contains an explanation of management policies and strategies for the next 1 (one) year, which must at least include:
a. analysis of the position of BUS and UUS in facing business competition, including information regarding the position of BUS and UUS both within the same business group and industry-wide, including information regarding problems and obstacles faced by BUS and UUS. In conducting position analysis, BUS and UUS use a specific approach, at least in the form of strength, weakness, opportunity, and threat analysis; b. management policies (policy statements), including general information on the policies of BUS and UUS established by management in the future development of BUS and UUS, including plans for merger, consolidation, acquisition, and integration of BUS in accordance with Financial Services Authority Regulations regarding merger, consolidation, acquisition, integration, and conversion of commercial banks, and plans for separation of Islamic business units in accordance with Financial Services Authority Regulations regarding requirements and procedures for separation of Islamic business units;
c. risk management and compliance policies, including information regarding steps in implementing risk management prepared based on evaluation of the risk profile of BUS and UUS and improvement efforts to be taken, as well as an explanation of policies in carrying out the compliance function;
d. business development strategies, including information on strategic steps to achieve the business objectives of BUS and UUS that have been established, including an explanation regarding organization and information technology system development strategies, and strategies to anticipate changes in external conditions; and e. HR development strategy and remuneration policies, at least including information regarding general policies governing the provision of salaries, bonuses, and other financial facilities to the Board of Directors, Board of Commissioners, Sharia Supervisory Board (DPS), including to employees of BUS and UUS.
3. Implementation of Risk Management and Current Performance of BUS and UUS
This section contains a quantitative and qualitative explanation regarding the condition of BUS and UUS at the time of preparing the Business Plan and highlights main matters that need attention or problems faced and the results achieved by BUS and UUS. This section must at least include an elaboration regarding:
a. Implementation of Risk Management, including risk profiles for all risks Elaboration regarding the implementation of risk management includes evaluation and results of risk management implementation for the period from the beginning of the year to the position at the end of September of the year of Business Plan preparation. Elaboration regarding risk profile assessment includes information regarding

assessment by BUS and UUS regarding the level and trends for all risks.
The procedure for preparing the risk profile and evaluating the implementation of risk management in accordance with Financial Services Authority Regulations regarding the implementation of risk management for Sharia commercial banks and Sharia business units and Financial Services Authority Regulations regarding the health level of Sharia commercial banks and Sharia business units. This description also includes an evaluation of the effectiveness and results of implementing regulations regarding Anti-Money Laundering and Counter-Financing of Terrorism (AML and CFT), as well as a compliance work plan for the next 1 (one) year in accordance with regulations regarding the implementation of good corporate governance for Sharia commercial banks and Sharia business units. b. Implementation of Corporate Governance A description regarding the assessment of corporate governance implementation in accordance with regulations regarding the implementation of good corporate governance for Sharia commercial banks and Sharia business units.
c. Financial Performance, specifically Capital and Earnings
A description regarding the financial performance of BUS and UUS, including the results of implementing action plans to improve the performance of BUS and UUS (if any) in accordance with Financial Services Authority Regulations regarding the assessment of the health level of Sharia commercial banks and Sharia business units. A description regarding capital performance covers adequacy and composition, as well as the ability of BUS and UUS to anticipate risks against non-performing assets; the ability of BUS and UUS to increase capital from operational profits of BUS and UUS; the capital ability of BUS and UUS to support business growth; access to capital sources; and the ability of shareholders to increase the capital of BUS and UUS. A description regarding the earnings performance of BUS and UUS covers the achievement of Return on Asset (ROA), Return on Equity (ROE) for BUS, Net Interest Margin (NIM), the development and prospects of operational profits, the ratio of Operating Expenses to Operating Income (BOPO), and the ratio of operating expenses other than margin/fee/ujrah to main activity income. d. Realization of Financing to Micro, Small, and Medium Enterprises (MSMEs) A description regarding the realization of financing reflects the role of BUS and UUS in supporting the development of MSMEs. The grouping of MSMEs refers to business criteria based on laws regarding micro, small, and medium enterprises and regulations regarding the provision of credit or financing by commercial banks and technical assistance in the development of micro, small, and medium enterprises. e. Implementation of Compliance with Sharia Principles A description regarding steps to be taken to ensure that products and/or activities conducted by BUS and UUS are in accordance with Sharia principles established in fatwas by the National Sharia Council – Indonesian Ulema Council (DSN – MUI).
4. Financial Statement Projections
This section contains information regarding the financial condition of BUS and UUS at the actual position (end of September position of the year the Bank Plan was prepared) and projections for the next 3 (three) years. The first year projection is prepared quarterly, while the second and third year projections are prepared annually (end of year position). This section also describes the macro and micro assumptions used in preparing the aforementioned financial statement projections. Macro assumptions include economic growth rates and inflation rates, while micro assumptions include the level of competition among banks, the growth of banking and Sharia banking industry financing, and the level of financing returns and third-party funds used in preparing the Business Plan. Financial statement projections prepared include:
a. Balance Sheet Projection (Balance Sheet); b. Commitments and Contingencies Projection;
c. Profit and Loss Projection;
d. Profit Distribution Calculation; e. Zakat Fund Source and Disbursement Report; f. Charity Fund Source and Use Report; and g. Macro and Micro Assumptions Used. The preparation of financial statement projections refers to the following format. a. Balance Sheet Projection Format (Balance Sheet) (in millions of rupiah) No. Actual Projection Sept T-1 Mar Jun Sept Des T-1 Des T Des T+1 Des T+2 ASSETS 1 Cash 2 Deposits at Bank Indonesia 3 Deposits at Other Banks 4 Spot and Forward Claims 5 Securities Held Claims on Securities Purchased with Repurchase Agreement (Reverse Repo) 7 Acceptance Claims 8 Receivables a. Murabahah Receivables b. Deferred Murabahah Margin Income -/-
c. Istishna' Receivables
d. Deferred Istishna' Margin Income -/- e. Qardh Receivables f. Lease Receivables g. Multi-service Receivables h. Deferred Multi-service Margin Income -/- 9 Profit-Sharing Financing a. Mudarabah b. Musyarakah
c. Others
10 Lease Financing a. Ijarah Assets b. Accumulated Depreciation/Amortization -/-
c. Provision for Impairment Losses -/-
11 Equity Investments
12 Other Financial Assets
13 Provision for Impairment Losses on Financial Assets -/- a. Securities held b. Receivables/Financing provided
i. Murabahah Receivables
ii. Istishna' Receivables
iii. Qardh Receivables
iv. Lease Receivables
v. Multi-service Receivables
vi. Mudarabah Financing
vii. Musyarakah Financing
viii. Other Profit-Sharing Financing
c. Other Financial Assets
14 Intangible Assets
Accumulated Amortization -/-
15 Fixed Assets and Inventories
Accumulated Depreciation of Fixed Assets and Inventories -/- 16 Vacant Properties 17 Foreclosed Collateral (AYDA) 18 Suspense Accounts 19 Inter-Office Assets a. Conducting operational activities in Indonesia b. Conducting operational activities outside Indonesia 20 Salam 21 Istishna' Assets in Progress Istishna' Term -/- 22 Inventory 23 Other Assets TOTAL ASSETS LIABILITIES AND EQUITY 1 Wadiah Savings Funds a. Current Accounts b. Savings 2 Non-Profit Sharing Investment Funds a. Current Accounts b. Savings
c. Deposits
3 Electronic Money
4 Liabilities to Bank Indonesia
5 Liabilities to Other Banks
6 Spot and Forward Liabilities
7 Acceptance Liabilities
8 Securities Issued
9 Financing Received
10 Security Deposits
11 Inter-Office Liabilities a. Conducting operational activities in Indonesia b. Conducting operational activities outside Indonesia 12 Other Liabilities 13 Profit-Sharing Investment Funds a. Current Accounts b. Savings
c. Deposits
d. Liabilities to Other Banks e. Securities f. Financing Received 14 Paid-in Capital a. Authorized Capital b. Unpaid Capital -/-
c. Treasury Stock -/-
15 Additional Paid-in Capital a. Agio b. Disagio -/-
c. Donation Capital
d. Issued Warrants e. Stock Options f. Capital Payment Funds g. Others
i. Profits
ii. Losses -/-
h. Other Comprehensive Income
Profits
Losses -/-
16 Reserves a. General b. Specific
17 Profit/Loss a. Prior Years
i. Profit
ii. Loss -/-
b. Current Year
i. Profit
ii. Loss -/-
c. Dividends Paid -/-
TOTAL LIABILITIES AND EQUITY
Note:
Filling procedures are in accordance with regulations regarding integrated commercial bank reports.

b. Commitments and Contingencies Projection Format (in millions of rupiah) A COMMITMENT CLAIMS 1 Undrawn Financing Facilities a. Banks b. Non-Bank Related (Others) Spot and Forward Purchase Positions Still Running (Foreign Exchange Positions to be received from spot and derivative/forward transactions) a. Bank Related b. Non-Bank Related 3 Others a. Bank Related b. Non-Bank Related B COMMITMENT LIABILITIES 1 Undrawn Financing Facilities a. Third Parties Non-Banks

Committed
Uncommitted
b. Banks
Committed
Uncommitted
2 Irrevocable L/Cs Still Running a. Foreign L/C b. Domestic L/C Spot and Forward Purchase Positions Still Running (Foreign Exchange Positions to be delivered from spot and derivative/forward transactions) a. Bank Related b. Non-Bank Related 4 Others a. Bank Related b. Non-Bank Related E CONTINGENT CLAIMS 1 Guarantees Received 2 Income in Progress a. Bank Related
Murabahah
Istishna'
Lease
Profit Sharing
Multi-service
Others
b. Non-Bank Related
Murabahah
Istishna'
Lease
Profit Sharing
Multi-service
Others
3 Others a. Bank Related b. Non-Bank Related
F CONTINGENT LIABILITIES
1 Guarantees Given a. Bank Related b. Non-Bank Related 2 Others a. Bank Related b. Non-Bank Related G OTHERS 1 Write-Off Productive Assets a. Productive Assets (Financial Assets)
Financing Provided
Others
b. Productive Assets (Financial) Write-Off Restored or Successfully Collected
Financing Provided
Others
2 Productive Assets (Financial) Written Off a. Bank Related b. Non-Bank Related 3 Fund Channeling (channeling) COMMITMENT CLAIMS 1 Undrawn Loan Facilities a. Rupiah b. Foreign Currency COMMITMENT LIABILITIES 2 Undrawn Financing Facilities to Customers a. Committed Rupiah Foreign Currency b. Uncommitted Rupiah Foreign Currency 3 Undrawn Financing Facilities to Other Banks a. Committed Rupiah Foreign Currency b. Uncommitted Rupiah Foreign Currency CONTINGENT CLAIMS 4 Guarantees Received a. Rupiah b. Foreign Currency CONTINGENT LIABILITIES 5 Guarantees Given a. Rupiah b. Foreign Currency OTHERS 6 Financing Transfer with Collection Management

c. Profit and Loss Projection Format
(in millions of rupiah)
I Income from Fund Disbursement

From Bank Indonesia
a. Sharia Indonesian Bank Certificates (SBIS) b. Sharia Bank Indonesia Facilities (FASBIS)
c. Others
From Deposits at Other Sharia Banks
a. Wadiah Bonus

Current Accounts
Savings
b. Profit Sharing
Current Accounts
Savings
Deposits
c. Others

Securities
a. From Other Sharia Banks b. From Third Parties Non-Banks
Financing Provided
a. From Other Banks

Income from Receivables
a) Murabahah b) Istishna' c) Ujrah d) Multi-service e) Others
Profit Sharing Income
a) Mudarabah b) Musyarakah c) Others
Ijarah Lease Income
Depreciation of Ijarah Assets -/- b. From Third Parties Non-Banks
Income from Receivables
a) Murabahah b) Istishna' c) Ujrah d) Multi-service e) Others
Profit Sharing Income
a) Mudarabah b) Musyarakah c) Others
Ijarah Lease Income
Depreciation of Ijarah Assets -/-
Salam Income

Income from Inter-Office Transactions
a. Head Office/Own Branches Outside Indonesia b. Head Office/Own Branches in Indonesia
Correction of Margin/Profit Sharing/Lease Income -/-
II Profit Sharing for Investment Fund Owners -/-
Non Profit Sharing
a. To Other Banks

Current Accounts
Savings
Deposits
Securities Issued
Financing Received
Others
b. To Third Parties Non-Banks
Current Accounts
Savings
Deposits
Securities Issued
Financing Received
Others
c. Inter-Office Transactions
Head Office/Own Branches Outside Indonesia
Head Office/Own Branches in Indonesia

Profit Sharing
a. To Other Banks

Current Accounts
Savings
Deposits
Securities Issued
Financing Received
Others
b. To Third Parties Non-Banks
Current Accounts
Savings
Deposits
Securities Issued
Financing Received
Others
c. Inter-Office Transactions
Head Office/Own Branches Outside Indonesia
Head Office/Own Branches in Indonesia
III Income After Profit Sharing Distribution (I-II) IV Other Operational Income

Income from Securities Transactions
a. Fair Value Increase of Securities Measured at Fair Value Through Profit or Loss b. Gain on Sale of Securities
Gain on Spot and Forward Transactions
a. Fair Value Change b. Transaction Gain
Income of the Bank as Mudarib in Mudharabah Muqayyadah
Income from Investments, Fees/Commissions/Provisions
a. Dividends b. Gain from Investments with Equity Method
c. Fees/Commissions/Provisions
Correction of Provision for Impairment Losses
a. Financial Assets b. Other Assets
Gain on Disposal of Ijarah Assets
Others
V Operating Expenses -/-
Interest Expenses to Bank Indonesia
Wadiah Deposit Bonuses
a. Other Banks b. Others
Securities Transaction Expenses
a. Fair Value Decrease of Securities Measured at Fair Value Through Profit or Loss b. Sale Losses
Losses on Spot and Forward Transactions
a. Fair Value Change b. Transaction Losses
Losses from Investments and Commission/Provision Expenses
Insurance Premiums
Provision for Impairment Losses on Financial Assets (CKPN)
a. Deposits at Other Banks b. Spot and Forward Claims
c. Securities
d. Acceptance Claims e. Receivables

Murabahah Receivables
Istishna' Receivables
Lease Receivables
Qardh Receivables
Multi-service Receivables
f. Profit-Sharing Financing
Mudarabah
Musyarakah
Others
g. Lease Financing h. Investments j. Others

Impairment Losses on Other Assets
Depreciation/Amortization
Operational Risk Loss Provision
Operational Risk Related Losses (including Losses from Loss of Fixed Assets and Inventories)
Financing Restructuring Losses
Ijarah Asset Repair Costs
Loss on Disposal of Ijarah Assets
Labor
a. Board of Commissioners and Board of Sharia Supervisors b. Board of Directors
c. Employees
d. Others
Education and Training
a. Board of Commissioners and Board of Sharia Supervisors b. Board of Directors
c. Employees
d. Others
Research and Development
Rent
Promotion
Taxes (Excluding Income Tax)
Maintenance and Repair
Goods and Services
Others
VI 1. Operational Profit
Operational Loss -/-
VII Non-Operational Income
Gain on Sale of Fixed Assets and Inventories
Gain on Foreign Exchange Transaction Translation
Receipt of Operational Property Insurance Claims
Others
VIII Non-Operational Expenses
Gain on Sale of Fixed Assets and Inventories
Gain on Foreign Exchange Transaction Translation
Others
IX 1. Non-Operational Profit
Non-Operational Loss -/-
X 1. Current Year Profit
Current Year Loss -/-
XI 1. Profit Transfer Receipts
Loss Transfer Receipts
XII 1. Profit Transfer to Head Office
Loss Transfer to Head Office
XIII Income Tax
Estimated Tax for Current Year
Deferred Tax
a. Income b. Expenses -/-
XIV Net Profit/Loss
Net Profit
Net Loss -/-
INCOME FROM FUND DISBURSEMENT IN FOREIGN CURRENCY
Deposits at Bank Indonesia
Deposits at Other Banks
Securities Held
Financing/Receivables/Financing Provided
Others
PROFIT SHARING DISTRIBUTION IN FOREIGN CURRENCY
Liabilities to Bank Indonesia
Liabilities to Other Banks
Third-party funds non-banks
Securities Issued
Financing Received
Others
OTHER OPERATIONAL INCOME IN RUPIAH
Commission/Provision/Fee and Administration
Receipts from Written-Off Financing
Gain from Foreign Exchange Transaction Translation
OTHER OPERATING EXPENSES
Financial Asset Impairment Losses
a. Deposits at Other Banks b. Spot and Derivatives/Forward
c. Securities
d. Acceptance Claims e. Financing/Receivables/Financing f. Investments g. Others h. Administrative Account Transactions
Losses from Investments with Equity Method
Note:
Filling procedures are in accordance with regulations regarding integrated commercial bank reports.

d. Profit Distribution Calculation Format
(in millions of rupiah)
No. POS-POS
Actual Sept T-1 Projection
Des T-1 Mar T Jun T Oct T Des T Des T+1 Des T+2 Amount 1) Return 2) Amount 1) Return 2) Amount 1) Return 2) Amount 1) Return 2) Amount 1) Return 2) Amount 1) Return 2) Amount 1) Return 2) Amount 1) Return 2) NET REVENUE SHARING FUND COLLECTION 1 Mudarabah Current Accounts 2 Mudarabah Savings 3 Mudarabah Deposits 1 Month 3 Months 6 Months 12 Months 4 Liabilities to Other Banks 5 Securities Issued 6 Financing Received 7 Others FUND DISBURSEMENT 1 Deposits at Other Banks 2 Securities Held 3 Murabahah Receivables 4 Istishna' Receivables 5 Multi-service Receivables 6 Pawn Financing 7 Mudarabah Financing 8 Musyarakah Financing 9 Lease Financing 10 Other Financing PROFIT SHARING FUND COLLECTION 1 Mudarabah Current Accounts 2 Mudarabah Savings 3 Mudarabah Deposits 1 Month 3 Months 6 Months 12 Months 4 Liabilities to Other Banks 5 Securities Issued 6 Financing Received 7 Others FUND DISBURSEMENT 1 Deposits at Other Banks 2 Securities Held 3 Murabahah Receivables 4 Istishna' Receivables 5 Multi-service Receivables 6 Pawn Financing 7 Mudarabah Financing 8 Musyarakah Financing 9 Lease Financing 10 Other Financing Note:

Amount is the average value of the average balance of fund disbursement or collection every month up to the reporting month.
Return in fund disbursement is the amount of margin/profit sharing/ujrah income received from financing disbursement to be shared every month up to the reporting month.

e. Zakat Fund Source and Disbursement Report Format A Zakat Fund Source and Disbursement 1 Zakat Fund Receipts Originating From:
a. Internal BUS/UUS b. External BUS/UUS
Total Receipts
2 Zakat Fund Disbursement to Zakat Managing Entities a. Zakat Collection Agency (Lembaga Amil Zakat) b. Zakat Management Body (Badan Amil Zakat) Total Disbursement B Wakaf Fund Source and Disbursement 1 Wakaf Fund Receipts Originating From:
a. Internal BUS/UUS b. External BUS/UUS
Total Receipts
2 Wakaf Fund Disbursement to Wakaf Managing Entities a. Indonesian Wakaf Body (Badan Wakaf Indonesia) b. Other Nazir Total Disbursement

f. Charity Fund Source and Use Report Format
(in millions of rupiah)
Beginning Balance of Charity Funds
Charity Fund Receipts a. Infak b. Sedekah
c. Return of Productive Charity Funds
d. Fines e. Unlawful Receipts f. Others
Charity Fund Use a. Productive Charity Funds b. Donations
c. Other Uses for Public Interest
Increase (Decrease) of Charity Funds
Ending Balance of Charity Funds

g. Macro and Micro Assumptions Used Format
Assumptions 1)
Macro Assumptions
1 GDP Growth (%)
2 Inflation (%)
3 IDR/USD Exchange Rate
4 BI 7 Days Rate
5 Others
Micro Assumptions
1 Financing Growth (%)
2 Third-Party Funds Growth (%)
3 Savings/Deposit Return Rate (%)
4 Financing Return Rate (%)
5 Others
Note:

Other assumptions such as exchange rates, export growth, import growth, and market share of BUS and UUS against the industry are attached in a separate section.
In case quarterly assumptions are not available, annual assumptions may be used.

Projection of Ratios and Other Specific Items
This section contains financial ratios and other specific ratios at the actual position (end of September position of the year the Business Plan was prepared) and projections for the next 3 (three) years, as follows:
a. Core Financial Ratios
Core financial ratio projections include ratios that provide at least information for assessing capital conditions, earnings, credit risk, market risk, and liquidity risk. b. Other Specific Items Projections of other specific items include projections of several ratios related to financing to MSMEs, education fund ratios, and the ratio of unused fixed assets of BUS and UUS to capital. Additionally, specific items are included that provide information regarding fund collection and disbursement. This projection is prepared by referring to the following format. a. Projection Report Format for Ratios and Other Specific Items (in %) A CORE FINANCIAL RATIOS (%) 1) 2) 1 KPMM Ratio 5) 2 Core Capital to ATMR Ratio 5) 3 Core Tier 1 Capital to ATMR Ratio 5) 4 Core Capital to Supplementary Capital Ratio 5) 5 Core Capital to Total Assets Ratio 5) 6 ROE 5) 7 ROA 8 NOM 9 NI 10 BOPO 11 Fee Based Income Ratio to Total Operational Income 12 Profit-Sharing Financing Ratio to Total Financing 13 Ratio of Non-Performing Productive Assets and Non-Productive Assets to Total Productive and Non-Productive Assets 14 Ratio of Non-Performing Productive Assets to Total Productive Assets 15 Ratio of CKPN on Financial Assets to Productive Assets 16 Ratio of Formed CKPN to Required PPA 17 NPF Ratio Gross Net 18 Financing to Total Productive Assets Ratio 19 Core Debtor to Total Financing Ratio 20 AYDA to Total Financing Ratio 21 Spot and Forward to Total Assets Ratio 22 Liquid Assets to Total Assets Ratio 23 Liquid Assets to Short-Term Funding Ratio 24 Core Depositors to Total Third-Party Funds Ratio 25 Cost to Income Ratio (CIR) 26 Financing to Deposit Ratio (FDR) 27 Short Term Mismatch (STM) 28 Short Term Mismatch Plus (STMP) B OTHER SPECIFIC ITEMS (%) 1 Ratio of Total Financing to Micro Enterprises to Total Financing to MSMEs 2 Ratio of Total Financing to Small Enterprises to Total Financing to MSMEs 3 Ratio of Total Financing to Medium Enterprises to Total Financing to MSMEs 4 Ratio of Total Financing to MSMEs to Total Financing a. Education and Training Fund Ratio to Human Resource Expenditure Realization/Budget 3) b. Ratio of Remaining This Year's Education and Training Budget Used for the Next Year 4) 5 Ratio of Unused Fixed Assets in Bank Operations to Capital 6 Overhead Expense Ratio to Total Assets 2) 7 Overhead Expense Ratio to Operational Income 2) Note:

Formulas and calculations of financial ratios are in accordance with Financial Services Authority Regulations regarding transparency and publication of reports by BUS and UUS.
Formulas and calculations of financial ratios are in accordance with explanations of core financial ratios and specific items.
Coverage of education and training funds is in accordance with regulations regarding the provision of funds for the development of human resources of commercial banks.
Remaining budget is the difference between the funds that must be provided and their realization.
Only applies to BUS.

b. Explanation of Key Financial Ratios and Specific Items

No.	RATIO	FORMULA	CALCULATION
1	Return On Asset (ROA)	Pre-Tax Profit / Average Total Assets	1) Pre-Tax Profit is the current year profit annualized.<br>2) Average Total Assets is the average total assets in the Statement of Financial Position (Balance Sheet) as stated in the Integrated Commercial Bank Report.
2	Net Operating Margin (NOM)	(Fund Disbursement Income After Profit Sharing – Operating Expenses) / Average Productive Assets	1) Operating Expenses are operating expenses including profit sharing expenses and bonuses (annualized).<br>2) Average Productive Assets.
3	Net Imbalan (NI)	(Fund Disbursement Income After Profit Sharing - (Imbalan and Bonuses)) / Average Productive Assets	1) Fund Disbursement Income After Profit Sharing - (Imbalan and Bonuses) is fund disbursement income after deducting imbalan expenses, imbalan, and bonuses (annualized).<br>2) Average Productive Assets.
4	Total Operating Expenses	Total Operating Expenses / Total Operating Income	1) Operating Expenses are operating expenses including profit sharing expenses and bonuses (annualized).<br>2) Total operating income includes margin income, ujrah, profit sharing, and other operating income.
5	Ratio of Fee Based Income to Total Operating Income	Fee Based Income / Total Operating Income	1) Fee based income includes commission/provision/fee income from fund disbursement, financing, and others.<br>2) Total operating income includes margin income, ujrah, profit sharing, and other operating income.
6	Ratio of Profit Sharing Financing to Total Financing	Profit Sharing Financing / Total Financing	1) Profit Sharing Financing is all financing with profit sharing agreements, whether using profit and loss sharing or revenue sharing methods.<br>2) Total financing only covers financing to third parties, not banks.<br>3) Productive assets considered are assets that generate profit sharing, imbalan, and bonuses, both in the Statement of Financial Position (Balance Sheet) and in the Administrative Account Transactions (TRA).
7	Operating Expenses to Operating Income Ratio (BOPO)	Total Operating Expenses / Total Operating Income	1) Total operating income includes margin income, ujrah, profit sharing, and other operating income.<br>2) Fund disbursement income includes all income from fund disbursement, while imbalan expenses include all profit sharing, imbalan, and bonus expenses from fund collection.<br>3) Pre-Tax Profit is the current year profit annualized.<br>4) Average Total Assets is the average total assets in the Statement of Financial Position (Balance Sheet) as stated in the Integrated Commercial Bank Report.<br>5) Fund Disbursement Income After Profit Sharing is fund disbursement income after deducting profit sharing expenses and operating expenses (annualized).<br>6) Fund disbursement income includes all income from fund disbursement, while profit sharing expenses include all profit sharing expenses from fund collection.<br>7) Productive assets considered are assets that generate profit sharing, imbalan, and bonuses, both in the Statement of Financial Position (Balance Sheet) and in Administrative Account Transactions (TRA).<br>8) For June position: sum of total productive assets position from January to June divided by 6.<br>9) Fund Disbursement Income After Profit Sharing - (Imbalan and Bonuses) is fund disbursement income after deducting imbalan expenses, imbalan, and bonuses (annualized).<br>10) Total financing is calculated based on recorded values in the Statement of Financial Position (Balance Sheet), gross (before deducting CKPN).
8	Ratio of Productive Assets to Total Assets	(Total Productive Assets + Total Non-Productive Assets) / Total Assets	1) Total Productive Assets and Total Non-Productive Assets are calculated based on recorded values in the Statement of Financial Position (Balance Sheet) and TRA, gross (before deducting CKPN).<br>2) Coverage of productive asset components according to Financial Services Authority regulations regarding the assessment of asset quality for Sharia Commercial Banks (BUS) and Sharia Business Units (UUS).<br>3) Total productive assets are calculated based on recorded values in the balance sheet before deducting CKPN.
9	Ratio of Financial Asset Impairment Provisions (CKPN) to Productive Assets	CKPN of Financial Assets / Total Productive Assets (excluding TRA)	1) CKPN is a reserve that BUS and UUS are required to form referring to regulations and accounting standards, covering individual and collective CKPN.<br>2) Calculation of CKPN refers to regulations and accounting standards.
10	Ratio of Problematic Productive Assets and Problematic Non-Productive Assets to Total Productive Assets and Non-Productive Assets	(Problematic Productive Assets + Problematic Non-Productive Assets) / (Total Productive Assets + Total Non-Productive Assets)	1) Coverage of components and quality of productive and non-productive assets according to Financial Services Authority regulations regarding the assessment of asset quality for BUS and UUS.<br>2) Problematic Productive Assets and Problematic Non-Productive Assets are assets with poor, doubtful, and loss quality.<br>3) Problematic Productive Assets and Problematic Non-Productive Assets are calculated based on recorded values in the Statement of Financial Position (Balance Sheet) and TRA, gross (before deducting CKPN).
11	Ratio of Problematic Productive Assets to Total Productive Assets	Problematic Productive Assets (excluding TRA) / Total Productive Assets (excluding TRA)	1) Coverage of components and quality of productive assets according to Financial Services Authority regulations regarding the assessment of asset quality for BUS and UUS.<br>2) Problematic Productive Assets are productive assets with poor, doubtful, and loss quality.<br>3) Problematic Productive Assets are calculated based on recorded values in the Statement of Financial Position (Balance Sheet), gross (before deducting CKPN).
12	Ratio of CKPN Formed to Mandatory Asset Quality Assessment Provisions (PPKA)	CKPN over Productive Assets Balance Sheet + CKPN over Productive Assets TRA / Mandatory PPKA over Productive Assets Balance Sheet + Mandatory PPKA over Productive Assets TRA	1) CKPN is a reserve that BUS and UUS are required to form referring to regulations and accounting standards, covering individual and collective CKPN.<br>2) Calculation of CKPN refers to regulations and accounting standards.<br>3) Mandatory PPKA formation over productive assets of the Statement of Financial Position (Balance Sheet) and TRA is in accordance with Financial Services Authority regulations regarding the assessment of asset quality for BUS and UUS.
13	Ratio of Non Performing Financing (NPF) Gross	Problematic Financing / Total Financing	1) Financing only covers financing to third parties, not banks.<br>2) Problematic financing is financing with poor, doubtful, and loss quality.<br>3) Financing is financing according to Financial Services Authority regulations regarding the assessment of asset quality for BUS and UUS.<br>4) Problematic Financing is calculated based on recorded values in the Statement of Financial Position (Balance Sheet), gross (before deducting CKPN).<br>5) CKPN Pembiayaan Bermasalah is a reserve that the Bank is required to form for financing with poor, doubtful, and loss quality in accordance with regulations in Financial Accounting Standards (PSAK) and Indonesian Sharia Banking Accounting Guidelines (PAPSI), covering CKPN for financing individually and collectively.<br>6) Total Financing is calculated based on recorded values in the Statement of Financial Position (Balance Sheet), gross (before deducting CKPN).
14	Ratio of NPF Net	(Problematic Financing - CKPN Problematic Financing) / Total Financing	1) Financing only covers financing to third parties, not banks.<br>2) Problematic financing is financing with poor, doubtful, and loss quality.<br>3) Problematic Financing is calculated based on recorded values in the Statement of Financial Position (Balance Sheet), gross (before deducting CKPN).<br>4) Total Financing is calculated based on recorded values in the Statement of Financial Position (Balance Sheet), gross (before deducting CKPN).
15	Ratio of Financing to Total Productive Assets	Total Financing / Total Productive Assets	1) Total Financing is financing to third parties, not banks.<br>2) Total Productive Assets is financing, securities, participations, and other receivables stated in the Statement of Financial Position (Balance Sheet), both to third parties not banks and to banks, including to Bank Indonesia.<br>3) Total Productive Assets is calculated based on recorded values in the Statement of Financial Position (Balance Sheet), gross (before deducting CKPN).
16	Ratio of Core Debtors to Total Financing	Financing to Core Debtors / Total Financing	1) Financing to Core Debtors includes financing to third parties not banks, both individual debtors and groups, outside related parties, with the following criteria:<br>a. for BUS and UUS with total assets less than or equal to Rp1,000,000,000,000.00 (one trillion rupiah), covers financing to 10 (ten) debtors or large groups;<br>b. for BUS and UUS with total assets greater than Rp1,000,000,000,000.00 (one trillion rupiah) but less than or equal to Rp10,000,000,000,000.00 (ten trillion rupiah), covers financing to 15 (fifteen) debtors or large groups;<br>c. for BUS and UUS with total assets greater than Rp10,000,000,000,000.00 (ten trillion rupiah), covers financing to 25 (twenty-five) debtors or large groups.<br>2) Total Financing is financing to third parties, not banks.
17	Ratio of Spot and Forward to Total Assets	Spot and Forward Receivables / Total Assets	1) Spot and Forward receivables include all spot and forward receivables recorded in the Statement of Financial Position (Balance Sheet).<br>2) Total Assets include total assets recorded in the Statement of Financial Position (Balance Sheet).
18	Ratio of Liquid Assets to Total Assets	(Primary Liquid Assets + Secondary Liquid Assets) / Total Assets	1) Primary Liquid Assets include cash, placements at Bank Indonesia, placements at other banks, securities categorized as Available for Sale (AFS) or trading, and all government securities (sukuk) categorized as trading and AFS that have good quality, are traded in active markets, and have a remaining maturity of 1 (one) year or less.<br>2) Secondary Liquid Assets include:<br>a. government securities (sukuk) categorized as trading and AFS with good quality, traded in active markets, and having a remaining maturity of more than 1 (one) year up to 5 (five) years;<br>b. government securities (sukuk) categorized as Hold to Maturity (HTM) and having a remaining maturity of up to 1 (one) year; and<br>c. government securities (sukuk) categorized as trading and AFS and having a remaining maturity of more than 5 (five) years, with a haircut value of 25% (twenty-five percent) of the market value.<br>3) Total assets include total assets recorded in the Statement of Financial Position (Balance Sheet).
19	Ratio of Liquid Assets to Short Term Funding	(Primary Liquid Assets + Secondary Liquid Assets) / Short Term Funding	1) Primary Liquid Assets include cash, placements at Bank Indonesia, placements at other banks, securities categorized as Available for Sale (AFS) or trading, and all government securities (sukuk) categorized as trading and AFS that have good quality, are traded in active markets, and have a remaining maturity of less than or equal to 1 (one) year.<br>2) Secondary Liquid Assets include:<br>a. government securities (sukuk) categorized as trading and AFS with good quality, traded in active markets, and having a remaining maturity of more than 1 (one) year up to 5 (five) years;<br>b. government securities (sukuk) categorized as HTM and having a remaining maturity of up to 1 (one) year; and<br>c. government securities (sukuk) categorized as trading and AFS and having a remaining maturity of more than 5 (five) years, with a haircut value of 25% (twenty-five percent) of the market value.<br>3) Short Term Funding includes giro, savings, and deposits with a remaining maturity of less than or equal to 1 (one) year.
20	Ratio of Core Depositors to Total Third Party Funds (DPK)	Core Depositors / DPK	1) Core Depositors cover 10 (ten), 25 (twenty-five), or 50 (fifty) largest depositors from total savings, in the form of giro, savings, and deposits, with the following criteria:<br>a. for BUS and UUS with total assets less than or equal to Rp1,000,000,000,000.00 (one trillion rupiah), covers 10 (ten) largest depositors;<br>b. for BUS and UUS with total assets greater than Rp1,000,000,000,000.00 (one trillion rupiah) but less than or equal to Rp10,000,000,000,000.00 (ten trillion rupiah), covers 25 (twenty-five) largest depositors; and<br>c. for BUS and UUS with total assets greater than Rp10,000,000,000,000.00 (ten trillion rupiah), covers 50 (fifty) largest depositors.<br>2) Third Party Funds (DPK) include giro, savings, and deposits.
21	Financing To Deposit Ratio (FDR)	Financing / DPK	1) Financing only covers financing to third parties, not banks.<br>2) DPK includes giro, savings, and deposits (excluding interbank).
22	Short Term Mismatch (STM)	Short Term Assets / Short Term Liabilities	1) Short Term Assets are liquid assets of less than 3 (three) months other than cash, SWBI, and SBSN in the maturity profile report as referred to in regulations regarding the Integrated Commercial Bank Report.<br>2) Short Term Liabilities are liquid liabilities of less than 3 (three) months in the maturity profile report in accordance with regulations regarding the Integrated Commercial Bank Report.
23	Short Term Mismatch Plus (STMP)	(Short Term Assets + Cash + Secondary Reserves) / Short Term Liabilities	1) Short Term Assets are liquid assets of less than 3 (three) months other than cash, Sertifikat Wadiah Bank Indonesia (SWBI), and Surat Berharga Syariah Negara (SBSN) in the maturity profile report as referred to in regulations regarding the Integrated Commercial Bank Report.<br>2) Short Term Liabilities are liquid liabilities of less than 3 (three) months in the maturity profile report in accordance with regulations regarding the Integrated Commercial Bank Report.
24	Ratio of Overhead Expenses to Total Assets	Overhead Expenses / Total Assets	1) Overhead Expenses include Depreciation/amortization, Labor costs, Education & training, Insurance premiums, Operational risk-related losses, Research and development, Rent, Promotion, Taxes (excluding income tax), Maintenance and repairs, Goods and services, and Others.<br>2) Total Assets include total assets recorded in the Statement of Financial Position (Balance Sheet).
25	Ratio of Overhead Expenses to Operating Income	Overhead Expenses / Operating Income	1) Overhead Expenses include Depreciation/amortization, Labor costs, Education & training, Insurance premiums, Operational risk-related losses, Research and development, Rent, Promotion, Taxes (excluding income tax), Maintenance and repairs, Goods and services, and Others.<br>2) Operating Income includes margin income, ujrah, profit sharing, and other operating income.

Funding Plan
This section reflects the actual fund collection position (end of September position of the year the Business Plan is prepared) and the plan for fund collection for the next 3 (three) years. First-year projections are prepared quarterly, while second and third-year projections are prepared annually (year-end position). This section also outlines the assumptions used in preparing the plan and the strategies of BUS and UUS to realize the funding plan. The funding plan prepared includes:
a. Third Party Fund Collection Plan; b. Securities Issuance Plan; and
c. Other Funding Plans.
The funding plan is prepared with reference to the following format.

a. Format for Third Party Fund Collection Plan (in millions of rupiah)

No	POS - POS	Actual Sept T-1	Projection Mar	Jun	Sept	Des T-1	T Des	T+1 Des	T+2 Des
	Dana Simpanan Wadiah
A	Giro
1	Rupiah
2	Foreign Currency
	Total Giro 1)
B	Tabungan
1	Rupiah
2	Foreign Currency
	Total Tabungan 2)
	Total Dana Simpanan Wadiah
	Dana Investasi Nonprofit Sharing
A	Giro
1	Rupiah
2	Foreign Currency
	Total Giro 3)
B	Tabungan
1	Rupiah
2	Foreign Currency
	Total Tabungan 4)
C	Deposito
1	Rupiah
	1 month
	3 months
	6 months
	≥ 12 months
2	Foreign Currency
	1 month
	3 months
	6 months
	≥ 12 months
	Total Deposito 5)
	Total Dana Investasi Nonprofit Sharing
	TOTAL PENGHIMPUNAN DANA PIHAK KETIGA
A	Rupiah
B	Foreign Currency
	TOTAL DEPOSAN INTI 6)
	% DEPOSAN INTI TERHADAP DANA PIHAK KETIGA

Notes:

Total in this row must match the total Dana Simpanan Wadiah – Giro in the Projection of the Statement of Financial Position (Balance Sheet).
Total in this row must match the total Dana Simpanan Wadiah – Tabungan in the Projection of the Statement of Financial Position (Balance Sheet).
Total in this row must match the total Dana Investasi Nonprofit Sharing - Giro in the Projection of the Statement of Financial Position (Balance Sheet).
Total in this row must match the total Dana Investasi Nonprofit Sharing - Tabungan in the Projection of the Statement of Financial Position (Balance Sheet).
Total in this row must match the total Dana Investasi Nonprofit Sharing – Deposito.
Core depositors cover 10 (ten), 25 (twenty-five), or 50 (fifty) largest depositors from total savings in the form of giro, savings, and deposits, with the following criteria:
a. for BUS and UUS with total assets less than or equal to Rp1,000,000,000,000.00 (one trillion rupiah), covers the 10 (ten) largest depositors; b. for BUS and UUS with total assets greater than Rp1,000,000,000,000.00 (one trillion rupiah) but less than or equal to Rp10,000,000,000,000.00 (ten trillion rupiah), covers the 25 (twenty-five) largest depositors; and
c. for BUS and UUS with total assets greater than Rp10,000,000,000,000.00 (ten trillion rupiah), covers the 50 (fifty) largest depositors.

b. Format for Securities Issuance Plan
(in millions of rupiah)

No	Jenis	Actual Sept T-1	Projection Mar	Jun	Sept	Des T-1	T Des	T+1 Des	T+2 Des
	A RUPIAH
1	Promes/Aksep
2	Surat Berharga Komersial
3	Medium Term Notes (MTN) Syariah
4	Sukuk Korporasi - Subordinasi
5	Sukuk Korporasi - Non Subordinasi
6	Efek Beragun Aset Syariah
7	Surat Berharga Lainnya 1)
	Total Surat Berharga Rupiah Yang Diterbitkan - Rupiah
	B VALUTA ASING
1	Promes/Aksep
2	Surat Berharga Komersial
3	Medium Term Notes (MTN) Syariah
4	Sukuk Korporasi - Subordinasi
5	Sukuk Korporasi - Non Subordinasi
6	Efek Beragun Aset Syariah
7	Surat Berharga Lainnya 1)
	Total Surat Berharga Rupiah Yang Diterbitkan - Valuta Asing
19	TOTAL SURAT BERHARGA YANG DITERBITKAN 2)

Notes:

Other securities include Sertifikat Investasi Mudarabah Antar Bank (SIMA) in accordance with regulations regarding the integrated commercial bank report.
Total in this row must match the total Securities Issued in the Projection of the Statement of Financial Position (Balance Sheet).

c. Format for Other Funding Plans Report
(in millions of rupiah)

No	Jenis Pendanaan Lain 1)	Actual Sept T-1	Projection Mar	Jun	Sept	Des T-1	T Des	T+1 Des	T+2 Des
	PINJAMAN YANG DITERIMA
1	Pinjaman Bank
2	Pinjaman Luar Negeri
3	Lainnya 2)
	Total Pinjaman yang Diterima

Notes:

Other funding types are funding other than in the form of third party fund collection (giro, savings, and deposits) and securities issuance.
Other funding types can be attached in a separate section.

Investment Plan
This section reflects the actual investment position (end of September position of the year the Business Plan is prepared) and the plan for fund disbursement for the next 3 (three) years. First-year projections are prepared quarterly, while second and third-year projections are prepared annually (year-end position). The investment plan, among other things, provides information on the plan to provide funds to related parties, and details of the financing plan, including the plan to provide financing to specific business activities. The specific business activities included in the details of financing provision reflect the focus of financing provision by BUS and UUS based on prioritized business activity types, and/or the significance of financing share or number of debtors. This section also outlines the assumptions used in preparing the aforementioned plan and the strategies of BUS and UUS to realize the investment plan. The reported investment plan includes:
a. Plan for Providing Funds to Related Parties; b. Plan for Providing Financing to Core Debtors;
c. Plan for Providing Financing Based on Specific Business Activities;
d. Plan for Providing Financing Based on Economic Sector; e. Plan for Providing Financing Based on Type of Use; f. Plan for Providing Financing Based on Province; g. Plan for Providing Financing Based on Type of Agreement; h. Plan for Providing Financing to MSMEs Based on Economic Sector;
i. Plan for Providing Financing to MSMEs Based on Type of Use;
j. Plan for Providing Financing to MSMEs Based on Province; k. Plan for Investing in the Form of Securities; and
l. Plan for Other Investments.
This investment plan is presented with reference to the following format.

a. Format for Plan for Providing Funds to Related Parties (in millions of rupiah)

No	Nama Pihak Terkait 1)	Jenis Penyediaan Dana 2)	Customers Information File (CIF)	Actual Sept T-1	Projection Mar	Jun	Sept	Des T-1	T Des	T+1 Des	T+2 Des

	Total
	% Penyediaan Dana Pihak Terkait terhadap Modal

Notes:

Filled with names of related parties. Related parties are related parties according to regulations regarding the maximum limit for providing credit to commercial banks.
Types of Fund Provision are grouped into Financing, Participations, and Others.

b. Format for Plan for Providing Financing to Core Debtors (in millions of rupiah)

Nama Peminjam / Kelompok Peminjam	Grup Debitur / Individu CIF	Actual Sept T-1	Projection Des T-1	T Des	T+1 Des	T+2 Des

	Jumlah

Notes:
For Grup Debitur, fill in the CIF of the largest debtor in that group.
Coverage of core debtors includes debtors/groups outside related parties with the following criteria:
a. for BUS and UUS with total assets less than or equal to Rp1,000,000,000,000.00 (one trillion rupiah), covers the 10 (ten) largest debtors/groups; b. for BUS and UUS with total assets greater than Rp1,000,000,000,000.00 (one trillion rupiah) but less than or equal to Rp10,000,000,000,000.00 (ten trillion rupiah), covers the 15 (fifteen) largest debtors/groups;
c. for BUS and UUS with total assets greater than Rp10,000,000,000,000.00 (ten trillion rupiah), covers the 25 (twenty-five) largest debtors/groups.

c. Format for Financing Plan Based on Specific Business Activities
(in millions of rupiah)

No	Business Activity	Mar	Jun	Sept	Des	Actual Sept T-1	Projection Des T-1	T Des T+1	Des T+2
1	Property
2	Textile and Textile Products Industry (TPT)
3	Palm Oil Plantations and Processing
4	Motor Vehicle Financing
5	Financing Cards
6	Securities Companies
7	Financing Companies
Other (detailed according to the Bank's main business activities, such as: Shipping, Telecommunications, Toll Road Construction, Pensioners, Employees 1)
Total 2)

Notes:

Filled with the total plan for other credit granting besides the business activities referred to in items 1 through 7. In the event that BUS and UUS have other relevant business activities as a focus for granting financing, they may be detailed in a separate section.
The total in this row must be equal to the total sum of Receivables, Profit-Sharing Financing, Lease Financing, and Salam in the Financial Position Report (Balance Sheet) Projection.

d. Format for Financing Plan Based on Economic Sector (in millions of rupiah)

No	Economic Sector 1)	Mar	Jun	Sept	Des	Actual Sept T-1	Projection Des T-1	T Des T+1	Des T+2
1	Agriculture, Forestry, and Fisheries
2	Mining and Quarrying
3	Processing Industry
4	Electricity, Gas, Steam/Hot Water and Air Conditioning Supply
5	Water Management, Wastewater Management, Waste Management and Recycling, and Remediation Activities
6	Construction
7	Wholesale and Retail Trade; Repair and Maintenance of Motor Vehicles and Motorcycles
8	Transportation and Warehousing
9	Accommodation and Food and Beverage Supply
10	Information and Communication
11	Financial and Insurance Activities
12	Real Estate
13	Professional, Scientific, and Technical Activities
14	Rental and Leasing Activities without Option Rights, Labor, Travel Agencies, and Other Business Support Activities
15	Public Administration, Defense, and Mandatory Social Security
16	Education
20	Households as Employers; Activities Producing Goods and Services by Households Used to Meet Own Needs
21	Activities of International and Extra-International Bodies
22	Households
23	Other Business Activities Not Elsewhere Classified
RUPIAH TOTAL
FOREIGN CURRENCY TOTAL
RUPIAH + FOREIGN CURRENCY TOTAL 2)

Notes:

Economic sector details refer to the list of economic sector codes in accordance with regulations on integrated commercial bank reports.
The total in this row must be equal to the total sum of Receivables, Profit-Sharing Financing, Lease Financing, and Salam in the Financial Position Report (Balance Sheet) Projection.

e. Format for Financing Plan Based on Type of Use (in millions of rupiah)

No	Type of Use	Mar	Jun	Sept	Des	Actual Sept T-1	Projection Des T-1	T Des T+1	Des T+2
A	WORKING CAPITAL
1	Retail
2	Corporate
3	Other
Total Working Capital Financing
B	INVESTMENT
1	Retail
2	Corporate
3	Other
Total Investment Financing
C	CONSUMPTION
1	Retail
2	Corporate
3	Other
Total Consumption Financing
RUPIAH TOTAL
FOREIGN CURRENCY TOTAL
TOTAL FINANCING BASED ON TYPE OF USE 1)

Notes:

The total in this row must be equal to the total sum of Receivables, Profit-Sharing Financing, Lease Financing, and Salam in the Financial Position Report (Balance Sheet) Projection.

f. Format for Financing Plan Based on Province (in millions of rupiah)

No	Province Name	Mar	Jun	Sept	Des	Actual Sept T-1	Projection Des T-1	T Des T+1	Des T+2
1	Aceh
2	Bali
3	Banten
4	Bengkulu
5	DI Yogyakarta
6	... etc.
Total 1)

Notes:

The total in this row must be equal to the total sum of Receivables, Profit-Sharing Financing, Lease Financing, and Salam in the Financial Position Report (Balance Sheet) Projection.

g. Format for Financing Plan Based on Contract Type (in millions of rupiah)

No	Contract Type	Mar	Jun	Sept	Des	Actual Sept T-1	Projection Des T-1	T Des T+1	Des T+2
A	Receivables
1	Murabahah
2	Istishna'
3	Qardh
4	Lease Receivables
5	Multijasa
B	Financing
1	Mudarabah
2	Musyarakah
3	Other
C	Ijarah
D	Salam
RUPIAH TOTAL
FOREIGN CURRENCY TOTAL
TOTAL FINANCING BASED ON CONTRACT TYPE 1)

Notes:

The total in this row must be equal to the total sum of Receivables, Profit-Sharing Financing, Lease Financing, and Salam in the Financial Position Report (Balance Sheet) Projection.

h. Format for Financing Plan to MSMEs Based on Economic Sector (in millions of rupiah)

No	Economic Sector 1)	Mar	Jun	Sept	Des	Actual Sept T-1	Projection Des T-1	T Des T+1	Des T+2
A. MICRO ENTERPRISES
1	Agriculture, Forestry, and Fisheries
2	Mining and Quarrying
3	Processing Industry
4	Electricity, Gas, Steam/Hot Water and Air Conditioning Supply
5	Water Management, Wastewater Management, Waste Management and Recycling, and Remediation Activities
6	Construction
7	Wholesale and Retail Trade; Repair and Maintenance of Motor Vehicles and Motorcycles
8	Transportation and Warehousing
9	Accommodation and Food and Beverage Supply
10	Information and Communication
11	Financial and Insurance Activities
12	Real Estate
13	Professional, Scientific, and Technical Activities
14	Rental and Leasing Activities without Option Rights, Labor, Travel Agencies, and Other Business Support Activities
15	Public Administration, Defense, and Mandatory Social Security
16	Education
20	Households as Employers; Activities Producing Goods and Services by Households Used to Meet Own Needs
21	Activities of International and Extra-International Bodies
22	Households
23	Other Business Activities Not Elsewhere Classified
TOTAL MICRO ENTERPRISE FINANCING
B. SMALL ENTERPRISES
1	Agriculture, Forestry, and Fisheries
2	Mining and Quarrying
3	Processing Industry
4	Electricity, Gas, Steam/Hot Water and Air Conditioning Supply
5	Water Management, Wastewater Management, Waste Management and Recycling, and Remediation Activities
6	Construction
7	Wholesale and Retail Trade; Repair and Maintenance of Motor Vehicles and Motorcycles
8	Transportation and Warehousing
9	Accommodation and Food and Beverage Supply
10	Information and Communication
11	Financial and Insurance Activities
12	Real Estate
13	Professional, Scientific, and Technical Activities
14	Rental and Leasing Activities without Option Rights, Labor, Travel Agencies, and Other Business Support Activities
15	Public Administration, Defense, and Mandatory Social Security
16	Education
20	Households as Employers; Activities Producing Goods and Services by Households Used to Meet Own Needs
21	Activities of International and Extra-International Bodies
22	Households
23	Other Business Activities Not Elsewhere Classified
TOTAL SMALL ENTERPRISE FINANCING
C. MEDIUM ENTERPRISES
1	Agriculture, Forestry, and Fisheries
2	Mining and Quarrying
3	Processing Industry
4	Electricity, Gas, Steam/Hot Water and Air Conditioning Supply
5	Water Management, Wastewater Management, Waste Management and Recycling, and Remediation Activities
6	Construction
7	Wholesale and Retail Trade; Repair and Maintenance of Motor Vehicles and Motorcycles
8	Transportation and Warehousing
9	Accommodation and Food and Beverage Supply
10	Information and Communication
11	Financial and Insurance Activities
12	Real Estate
13	Professional, Scientific, and Technical Activities
14	Rental and Leasing Activities without Option Rights, Labor, Travel Agencies, and Other Business Support Activities
15	Public Administration, Defense, and Mandatory Social Security
16	Education
20	Households as Employers; Activities Producing Goods and Services by Households Used to Meet Own Needs
21	Activities of International and Extra-International Bodies
22	Households
23	Other Business Activities Not Elsewhere Classified
TOTAL MEDIUM ENTERPRISE FINANCING
TOTAL FINANCING TO MICRO, SMALL, AND MEDIUM ENTERPRISE DEBTORS BASED ON ECONOMIC SECTOR (A + B + C)

Notes:

Economic sector details refer to economic sectors in accordance with regulations on integrated commercial bank reports.

i. Format for Financing Plan to MSMEs Based on Type of Use
(in millions of rupiah)

No	Type of Use	Mar	Jun	Sept	Des	Actual Sept T-1	Projection Des T-1	T Des T+1	Des T+2
A	WORKING CAPITAL
1	Micro
2	Small
3	Medium
Total Working Capital Financing
B	INVESTMENT
1	Micro
2	Small
3	Medium
Total Investment Financing
TOTAL FINANCING TO MICRO, SMALL, AND MEDIUM ENTERPRISE DEBTORS BASED ON TYPE OF USE (RUPIAH + FOREIGN CURRENCY TOTAL)
RUPIAH TOTAL
FOREIGN CURRENCY TOTAL

j. Format for Financing Plan to MSMEs Based on Province (in millions of rupiah)

No	Province	Mar	Jun	Sept	Des	Actual Sept T-1	Projection Des T-1	T Des T+1	Des T+2
A. MICRO ENTERPRISES
1	Aceh
2	Bali
3	Banten
4	Bengkulu
5	DI Yogyakarta
6	... etc.
TOTAL
B. SMALL ENTERPRISES
1	Aceh
2	Bali
3	Banten
4	Bengkulu
5	DI Yogyakarta
6	... etc.
TOTAL
C. MEDIUM ENTERPRISES
1	Aceh
2	Bali
3	Banten
4	Bengkulu
5	DI Yogyakarta
6	... etc.
TOTAL
TOTAL FINANCING TO MICRO, SMALL, AND MEDIUM ENTERPRISE DEBTORS BASED ON PROVINCE 1)

k. Format for Investment Plan in the Form of Securities (in millions of rupiah)

No	Type of Use	Mar	Jun	Sept	Des	Actual Sept T-1	Projection Des T-1	T Des T+1	Des T+2
A. RUPIAH
1	Sharia Money Market Securities
a	Sharia State Treasury Bills
b	Promissory Notes
c	Bills of Exchange
1) Export Bills
2) Domestic Document-Based Financing Bills (SKBDN)
3) Other Bills
d	Sharia Medium Term Notes (MTN)
e	Other
2	Sharia Capital Market Securities
a	Sharia Mutual Fund Certificates
b	Sharia State Securities (SBSN)
1) State Sukuk
2) Retail Sukuk
c	Subordinated Sukuk
d	Other Sukuk
e	Asset-Backed Securities
f	Other 2)
RUPIAH TOTAL
B. FOREIGN CURRENCY
1	Sharia Money Market Securities
a	Sharia State Treasury Bills
b	Promissory Notes
c	Bills of Exchange
1) Export Bills
2) Domestic Document-Based Financing Bills (SKBDN)
3) Other Bills
d	Sharia Medium Term Notes (MTN)
e	Other
2	Sharia Capital Market Securities
a	Sharia Mutual Fund Certificates
b	Sharia State Securities (SBSN)
1) State Sukuk
2) Retail Sukuk
c	Subordinated Sukuk
d	Other Sukuk
e	Asset-Backed Securities
f	Other 2)
FOREIGN CURRENCY TOTAL
TOTAL INVESTMENT IN THE FORM OF SECURITIES (RUPIAH + FOREIGN CURRENCY TOTAL) 1)

Notes:

The total in this row must be equal to the total Securities Held in the Financial Position Report (Balance Sheet) Projection.
Other securities include SIMA in accordance with regulations on integrated commercial bank reports.

l. Format for Other Investment Plans
(in millions of rupiah)

No	Type of Investment	Mar	Jun	Sept	Des	Actual Sept T-1	Projection Des T-1	T Des T+1	Des T+2
1	...
2	...
3	...
4	...
5	...
Total

Notes:
Filled with investment plans other than those already listed in tables a through k.

Capital Participation Plan for BUS
This section reflects the actual capital participation position (end of September position of the year the Business Plan is prepared) and the plan for capital participation for the next 3 (three) years, which must at least cover the business field, estimated amount of funds to be invested, and ownership percentage, including control aspects, in accordance with Financial Services Authority Regulations regarding prudential principles in capital participation activities.

The capital participation plan is prepared with reference to the following format.

Format for Capital Participation Plan for BUS
(in millions of rupiah)

No	Company Name	Capital Participation Purpose 1)	Mar	Jun	Sept	Des	Actual Sept T-1	Projection Des T-1	T Des T+1	Des T+2
1	....
2	....
3	....
4	....
5	....
6	....
7	....
8	....
Total 2)

Notes:

Filled based on the purpose of capital participation, including: investment - participation in subsidiary companies, investment - participation in association companies, and for financing restructuring.
The total in this row must be equal to the total participation in the Financial Position Report (Balance Sheet) Projection.

Capital Plan
This section must at least include:
a. Projection of Minimum Capital Provision Requirement (KPMM) Fulfillment for BUS

The KPMM projection must at least include projections of capital, Risk-Weighted Assets (RWA) projections, and KPMM ratio projections for the next 3 (three) years.

The first-year projection is prepared quarterly, while the second and third-year projections are prepared annually (year-end position).

The method for calculating KPMM is in accordance with Financial Services Authority Regulations regarding minimum capital provision requirements for Sharia commercial banks.

b. Capital Change Plan

The capital change plan is a projection of capital changes for the next 3 (three) years, both regarding capital structure and capital amount.

Included in the capital change plan are plans for capital additions from existing shareholders, public offering plans (initial public offering), right issue plans, issuance of equity-like debt instruments, and other capital addition plans, as well as descriptions of planned changes or replacement of ownership (if any).

The capital change plan for UUS is the change in net funds placed by the Sharia commercial bank owning the UUS in the UUS after being reduced by UUS placements in the Sharia commercial bank owning the UUS in accordance with regulations on Sharia business units.

The capital plan is prepared with reference to the following format.

Format for Minimum Capital Provision Requirement (KPMM) Fulfillment Projection for BUS
(in millions of rupiah)

No	Component Name	Mar	Jun	Sept	Des	Actual Sept T-1	Projection Des T-1	T Des T+1	Des T+2
I. Core Capital (Tier 1)
1. Main Core Capital/Common Equity Tier 1 (CET 1)
1.1 Paid-up capital (ordinary shares)
1.1.1 Authorized capital
1.1.2 Unpaid capital -/-
1.1.3. Repurchased ordinary shares (treasury stocks) -/-
1.2 Additional Capital Reserves
1.2.1 Additional capital reserve increase factors
1.2.1.1 Ordinary share premium
1.2.1.2 Donated capital
1.2.1.3 General reserves
1.2.1.4 Previous years' profit after tax consideration
1.2.1.5 Current year profit after tax consideration (100%)
1.2.1.6 Financial statement translation surplus
1.2.1.7 Capital deposit funds
1.2.1.8 Warrants issued based on ordinary shares (max 50%)
1.2.1.9. Ordinary share-based stock options
1.2.1.10 Other comprehensive income: potential gains
1.2.1.11 Fixed asset revaluation surplus balance
1.2.2 Additional capital reserve decrease factors
1.2.2.1 Ordinary share discount -/-
1.2.2.2 Previous years' losses -/-
1.2.2.3 Current year losses -/-
1.2.2.4 Financial statement translation deficit -/-
1.2.2.5 Other comprehensive income: potential losses -/-
1.2.2.6 Deficit between PPA on productive assets and CKPN on productive assets -/-
1.2.2.7 Deficit from fair value adjustments of financial instruments in the trading book -/-
1.2.2.8 PPA on non-productive assets that must be calculated -/-
1.3 Minority Interest from CET 1 issued by subsidiary companies (specifically for consolidation)
1.4 Main Core Capital Decrease Factors
1.4.1 Deferred tax asset calculation -/-
1.4.2 Goodwill -/-
1.4.3 Other intangible assets
1.4.3.1 Copyright -/-
1.4.3.2 Patent rights -/-
1.4.3.3 Other intellectual property rights (including software applications -/-
1.4.3.4 Other -/-
1.4.4 Participation -/-
1.4.5 Capital deficiency in subsidiary companies that are insurance companies (specifically for consolidation) -/-
1.4.6 Securitization exposure -/-
1.4.7 Investment in Additional Tier 1 (AT1) and/or Tier 2 instruments in other banks -/-
Total Main Core Capital (CET 1)
2. Additional Core Capital (AT 1)
2.1 Instruments Meeting Requirements (AT 1)
2.2 Additional Core Capital Decrease Factors (AT 1) -/-
Total Additional Core Capital (AT 1)
Total Core Capital (1.1. + 1.2.)
II. Supplementary Capital (Tier 2)
1. Capital instruments in the form of shares or other forms meeting Tier 2 requirements
2. Premium/Discount
3. General reserves for PPA on productive assets that must be formed (max 1.25% of Financing Risk RWA)
4. Purpose reserves
5. Supplementary Capital Decrease Factors
5.1 Sinking Fund -/-
5.2 Investment in Tier 2 instruments in other banks -/-
Total Capital
RISK-WEIGHTED ASSETS
Financing Risk RWA
Surplus from general reserves for PPA on productive assets that reduce Financing Risk RWA -/-
Market Risk RWA
Operational Risk RWA
TOTAL RWA
KPMM RATIO ACCORDING TO RISK PROFILE %
KPMM RATIO
CET 1 Ratio
Tier 1 Ratio
Tier 2 Ratio
KPMM Ratio
CET 1 FOR BUFFER
PERCENTAGE OF BUFFER REQUIRED TO BE MET BY THE BANK
Capital Conservation Buffer
Countercyclical Buffer
Capital Surcharge for Systemically Important Banks

Notes:

Applies to BUS required to form a Capital Conservation Buffer in accordance with Financial Services Authority Regulations regarding minimum capital provision requirements for Sharia commercial banks.
Applies to BUS required to form a Countercyclical Buffer in accordance with Financial Services Authority Regulations regarding minimum capital provision requirements for Sharia commercial banks.
Applies to BUS required to form a Capital Surcharge for systemically important banks in accordance with Financial Services Authority Regulations regarding the designation of systemically important banks and capital surcharge.
Format for Capital Change Plan
(in millions of rupiah)

No	Component Name	Mar	Jun	Sept	Des	Actual Sept T-1	Projection Des T-1	T Des T+1	Des T+2
A. CAPITAL POSITION
Shareholders 1)
1	....
2	....
3	....
4	....
5	....
Total Paid-up Capital
B. Initial Public Offering (IPO) - Go Public
C. Right Issue
D. Other
TOTAL CAPITAL POSITION (A+B+C+D)

Notes:

Filled with the name of each shareholder.

Organizational and Human Resource Development Plan
This section details information regarding the current organizational structure and HR conditions, ongoing organizational and HR development plans, and other HR-related development plans for at least the next 1 (one) year, which include among others:
a. Organizational Development Plan

The organizational development plan includes among others plans for the formation or change of work units and/or committees, adjusted to the capabilities, size, and complexity of BUS and UUS business activities.

b. Management Information System Development Plan

The management information system development plan includes among others the development of information technology supporting management information systems and plans for accounting system development, including the budget allocated for such development plans.

c. Human Resource Development Plan

The human resource development plan includes among others plans for HR education and training needs, including plans for education and training costs or budgets for employees, Board of Directors members, Board of Commissioners members, and DPS members, as well as plans for risk management certification implementation for managers and certain officials.

d. Foreign Workforce Utilization Plan

The foreign workforce utilization plan is carried out among others in accordance with Financial Services Authority Regulations regarding foreign workforce utilization and knowledge transfer programs in the banking sector.

e. Outsourcing Workforce Utilization Plan

The outsourcing workforce utilization plan includes among others plans for the number to be used and plans for the placement of outsourcing workforce.

The use of outsourcing workforce is in accordance with Financial Services Authority Regulations regarding prudential principles for commercial banks that delegate part of their work execution to third parties.

The Organizational and Human Resource Development Plan is prepared with reference to the following formats. a. Format for HR Conditions and Plan for HR Needs

Position 1)	Mar	Jun	Sept	Des	Actual Sept 2)	Projection T-1 Des	T Des T+1	Des T+2

Notes:

Position is filled according to the BUS or UUS organizational structure from one level below the directors down to the lowest employees, including expert staff such as professional contract personnel, director special staff (outside of outsourcing).
Filled with the number of HR.

b. Format for HR Education and Training Plan

TYPE OF EDUCATION/TRAINING	TYPE OF POSITION	QUANTITY	DURATION	PROVIDING INSTITUTION	PLAN COST

c. Format for Foreign Workforce Utilization Plan and Format for Outsourcing Workforce Utilization Plan

Format for Foreign Workforce Utilization Plan

Position	Scope	3	Branch Managers from banks located abroad	4	Representative Office Leaders	6	Experts/Consultants	7
Reason for TKA utilization and reasons for not/not yet using Indonesian Workforce: ......................................................
a............................................................................................................................................................................................................
b............................................................................................................................................................................................................
etc..........................................................................................................................................................................................................
Executive Officials	Board of Directors	Board of Commissioners	Field of Work and Position	Quantity	Name of TKA	Duration	Name of Companion	Plan for Knowledge Transfer Program No.
---	---	---	---	---	---	---	---	---

Notes:

If any, in accordance with Financial Services Authority approval.

Format for Outsourcing Workforce Utilization Plan

NO.	WORK FIELD ASSIGNMENT 2)	Actual Sept	Des T-1	T-1 March	June	Sept	Des	etc.	Projection T

Notes:

Work Field Assignment is filled in accordance with Financial Services Authority Circular Letter regarding prudential principles for commercial banks that delegate part of their work execution to third parties.
Filled with the number of Outsourcing Workforce.

Plan for Issuance of Products and/or Implementation of New Activities

The plan for the issuance of products and/or implementation of new activities is a description of the plan for organizing BUS and UUS products that meet the definition of new bank products in accordance with Financial Services Authority regulations regarding the organization of commercial bank products. This section contains the focus of development and the results of analysis in organizing new bank products for the next 1 (one) year.

The plan for the issuance of products and/or implementation of new activities must at least include:
a. Development Focus
The development focus includes comprehensive plans regarding the direction of development focus in line with the BUS and UUS strategy, at least covering aspects that underlie and/or are considerations and objectives for planning the organization of new products. b. Overall Analysis Results The overall analysis results must at least include:

strength, weakness, opportunity, and threat analysis;
benefit and cost analysis; and
matters that still need to be adjusted by BUS and UUS, including from the risk management side, in connection with the plan for issuing new products.
Detailed analysis for each product can be submitted at the time of new product submission. In the event that BUS and UUS have conducted other analyses, the results of said analysis may also be included. The Plan for Issuance of Products and/or Implementation of New Activities is prepared with reference to the following format.

Format for Plan for Issuance of Products and/or Implementation of New Activities a. Development Focus ………………………………………………………………………… ………………………………………………………………………… ………………………………………………………………………… ………………………………………………………………………… ………………………………………………………………………… …………………………………………………… b. Overall Analysis Results ………………………………………………………………………… ………………………………………………………………………… ………………………………………………………………………… ………………………………………………………………………… ………………………………………………………………………… ……………………………………………………

Plan for Development and/or Changes in Office Network

The plan for development and/or changes in the office network includes plans for opening, changing status, relocating addresses, and/or closing the office network for the next 1 (one) year period. The definition of office network and the scope of the office network reported in the plan for development and/or changes in the office network are in accordance with statutory regulations regarding Sharia commercial banks and Sharia business units. Information contained in the plan for development and/or changes in the office network includes information regarding the head office, planned implementation time, estimated investment, location, and other details. The plan for development and/or changes in the office network is prepared with reference to the following format.

Format for Plan for Development and/or Changes in Office Network

No	Name of Office	Type of Office 1)	Office Code 2)	Status 3)	Address	City	Province	Location	Head Office 4)	Planned Implementation Time	Estimated Investment / Cost	Notes 5)

Notes:

Filled with the code for the type of office network reported in the business plan in accordance with statutory regulations regarding Sharia commercial banks and Sharia business units.
Filled with the code for BUS and UUS offices. The method of filling is in accordance with the Financial Services Authority Regulation regarding commercial bank reporting through the Financial Services Authority reporting system.
Filled with information on the opening, change of status, relocation of address, and/or closure of the office network.
The head office is the office/organizational unit that supervises the office network. The method of filling is in accordance with the Financial Services Authority Regulation regarding commercial bank reporting through the Financial Services Authority reporting system.
More detailed notes can be attached in a separate section.

Other Information

Other information contains other plans that need to be described (if any) but are not included in the scope of the Business Plan established in numbers 1 to 12, including:
a. steps to resolve problematic financing, including AYDA. The definition of AYDA is in accordance with the Financial Services Authority Regulation regarding the assessment of the quality of assets of Sharia commercial banks and Sharia business units; b. fixed assets not used in BUS and UUS operations;
c. linkage programs;
d. development of BUS and UUS services which includes among others:

information on plans to develop facilities or information media for customers;
plans to develop electronic facilities for customer needs; and
plans for customer protection measures, including plans for activities to increase financial literacy and inclusion in accordance with the Financial Services Authority Regulation regarding the improvement of financial literacy and inclusion in the financial services sector; and/or
e. other information required by statutory regulations and/or needed by the Financial Services Authority.

II. GUIDELINES FOR PREPARING THE BUSINESS PLAN REALIZATION REPORT

The Business Plan Realization Report must at least include:

Information on Business Plan Realization and Follow-up, including among others:
a. an explanation of Business Plan achievement, including the focus and priority of Business Plan achievement as well as a comparison between the plan and its realization; b. an explanation of deviations from the Business Plan realization, such as causes and obstacles faced; and
c. follow-up or efforts to be made to improve the achievement of Business Plan realization;
Financial Ratios and Certain Items; and
Other Information containing explanations regarding the realization of matters other than those explained in numbers 1 and 2, including among others:
a. Report on the Realization of Development and/or Changes in Office Network in accordance with statutory regulations regarding Sharia commercial banks and Sharia business units; b. Report on the Realization of Foreign Worker Utilization in accordance with the Financial Services Authority Regulation regarding the utilization of foreign workers and knowledge transfer programs in the banking sector;
c. Report on the Realization of Human Resource Education and Training; and
d. Report on the Realization of Linkage Programs.
The Business Plan Realization Report is generally prepared with reference to the following format:
Format for Information on Business Plan Realization and Follow-up
Explanation of Business Plan achievement, including the focus and priority of Business Plan achievement as well as a comparison between the plan and its realization 1)
……………………………………………………………………………
……………………………………………………………………………
……………………………………………………………………………
……………………………………………………………………………
Explanation of deviations from the Business Plan realization, such as causes and obstacles faced
……………………………………………………………………………
……………………………………………………………………………
……………………………………………………………………………
……………………………………………………………………………
……………………………………………………………………………
Follow-up or efforts to be made to improve the achievement of Business Plan realization
……………………………………………………………………………
……………………………………………………………………………
……………………………………………………………………………
Notes:

The comparison of the Business Plan with realization, in addition to including the Report on the Realization of Financial Ratios and Certain Items, BUS and UUS also need to explain the magnitude of realization related to financial projections, fund collection, fund disbursement, and capital plans not covered in the appendix.

Format for Report on the Realization of Financial Ratios and Certain Items

A. CORE FINANCIAL RATIOS (%) 1) 2)

No	Ratio	Target Ratio	Realization	Deviation	Notes
1	KPMM Ratio 5)
2	Core Capital to ATMR Ratio 5)
3	Core Tier 1 Capital to ATMR Ratio 5)
4	Core Capital to Supplementary Capital Ratio 5)
5	Core Capital to Total Assets Ratio 5)
6	ROE 5)
7	ROA
8	NOM
9	NI
10	BOPO
11	Fee Based Income Ratio to Total Operational Income
12	Profit Sharing Financing Ratio to Total Financing
13	Ratio of Problematic Productive Assets and Non-Productive Problematic Assets to Total Productive and Non-Productive Assets
14	Ratio of Problematic Productive Assets to Total Productive Assets
15	Ratio of Provision for Impairment Losses (CKPN) of Financial Assets to Productive Assets
16	Ratio of Formed CKPN to Mandatory Asset Impairment Provisions (PPA)
17	NPF Ratio
	- Gross
	- Net
18	Financing Ratio to Total Productive Assets
19	Core Debtor Ratio to Total Financing
20	Ratio of Assets Taken Over (AYDA) to Total Financing
21	Financing Facilities to Customers Not Yet Drawn
	committed
	- Rupiah
	- Foreign Currency
	uncommited
	- Rupiah
	- Foreign Currency
22	Spot and Forward Ratio to Total Assets
23	Liquid Assets Ratio to Total Assets
24	Liquid Assets Ratio to Short-Term Funding
25	Core Depositor Ratio to Total Third-Party Funds
26	CIR
27	FDR
28	STM
29	STMP
30	RDI

B. OTHER CERTAIN RATIOS (%)

No	Ratio	Target Ratio	Realization	Deviation	Notes
1	Ratio of Total Financing to Micro Enterprises to Total Financing to MSMEs
2	Ratio of Total Financing to Small Enterprises to Total Financing to MSMEs
3	Ratio of Total Financing to Medium Enterprises to Total Financing to MSMEs
4	Ratio of Total Financing to MSMEs to Total Financing
5	Ratio of Education and Training Funds to Human Resources (HR) Expenditure 3)
	Ratio of Remaining Education and Training Budget This Year Used for Next Year 4)
6	Ratio of Unused Fixed Assets in Bank Operations to Capital

Notes:

Formulas and calculations for financial ratios are in accordance with the Financial Services Authority Regulation regarding transparency and publication of reports of Sharia commercial banks and Sharia business units.
Formulas and calculations for financial ratios refer to the explanation of core financial ratios.
The scope of education and training funds is in accordance with statutory regulations regarding the provision of funds for the development of human resources of commercial banks.
The remaining budget refers to the difference between the funds that must be provided and their realization.
Only applies to BUS.

Format for Report on the Realization of Development and/or Changes in Office Network

No	Name of Office	Type of Office 1)	Office Code 2)	Status 3)	Address	City	Province	Location	Head Office 4)	Realization Date	Notes 5)

Notes:

Filled with the code for the type of office network reported in the business plan in accordance with statutory regulations regarding Sharia commercial banks and Sharia business units.
Filled with the code for BUS and UUS offices. The method of filling is in accordance with the Financial Services Authority Regulation regarding commercial bank reporting through the Financial Services Authority reporting system.
Filled with information on the opening, change of status, relocation of address, and/or closure of the office network.
The head office is the office/organizational unit that supervises the office network. The method of filling is in accordance with the Financial Services Authority Regulation regarding commercial bank reporting through the Financial Services Authority reporting system.
More detailed notes can be attached in a separate section.

Format for Report on the Realization of Foreign Worker Utilization, Results of Knowledge Transfer Obligations, and Outsourcing Labor

Format for Report on the Realization of Foreign Worker Utilization and Knowledge Transfer to Companion Personnel

No.	Name of TKA	Position/Job Title	Field of Task	Companion Name	Implementing Institution	Education/Training for Companion	Results of Evaluation of Companion	Companion TKA Notes

Format for Report on the Realization of Knowledge Transfer by Foreign Workers

No.	Name of TKA	Time of Training/Teaching	Location of Training/Teaching	Number of Participants	Duration	Material/Topic

Format for Report on the Realization of Outsourcing Labor

No.	Position/Job Title	Field of Work	Assignment	Number	Duration

Notes:
a. Field of Task and Field of Work are filled in accordance with the Financial Services Authority Regulation regarding the utilization of foreign workers and knowledge transfer programs in the banking sector. b. Accompanied by attachments of photos of training activities.

Format for Report on the Realization of Human Resource Education and Training

NO.	TYPE OF EDUCATION/TRAINING	TYPE OF POSITION	QUANTITY	REALIZATION TIME	ORGANIZING INSTITUTION	REALIZATION COST	NOTES

Format for Report on the Realization of Linkage Programs

A. CHANNELLING

NO.	ACCOUNT	NOMINAL	QUALITY
1			1. Smooth
			2. Special Attention
			3. Less Smooth
			4. Doubtful
			5. Loss
2			1. Smooth
			2. Special Attention
			3. Less Smooth
			4. Doubtful
			5. Loss
dst			1. Smooth
			2. Special Attention
			3. Less Smooth
			4. Doubtful
			5. Loss
TOTAL			1. Smooth
			2. Special Attention
			3. Less Smooth
			4. Doubtful
			5. Loss

B. EXECUTING

NO.	INTERMEDIARY PARTY	QUALITY	QUANTITY
dst
TOTAL			1. Smooth
			2. Special Attention
			3. Less Smooth
			4. Doubtful
			5. Loss

TOTAL LINKAGE PROGRAM REALIZATION (A + B)

III. GUIDELINES FOR PREPARING THE BUSINESS PLAN SUPERVISION REPORT

In accordance with POJK RBB, the Board of Commissioners conducts supervision over the implementation of the Business Plan. The results of this supervision are subsequently formulated in the Business Plan Supervision Report. The scope in the Business Plan Supervision Report prepared by the Board of Commissioners must at least include assessments regarding:

the implementation of the Business Plan, consisting of quantitative and qualitative assessments of the Business Plan realization, including the application of compliance with Sharia principles;
factors influencing the performance of BUS and UUS in general, particularly regarding capital factors, earnings, and the risk profile of BUS and UUS, especially credit risk, market risk, and liquidity risk, and good corporate governance; and
efforts to improve the performance of BUS and UUS, in the event that there is a decline in performance based on the assessment results as mentioned in number 2.
Assessments by the Board of Commissioners in numbers 1 to 3 can also be supplemented with assessments of external factors influencing the operations of BUS and UUS. The Business Plan Supervision Report is prepared with reference to the following format.

Format for Business Plan Supervision Report a. Assessment by the Board of Commissioners regarding the implementation of the Business Plan, consisting of quantitative and qualitative assessments of the Business Plan realization …………………………………………………………………………………… …………………………………………………………………………………… …………………………………………………………………………………… ……… b. Assessment by the Board of Commissioners regarding factors influencing the performance of BUS and UUS in general, particularly regarding capital factors, earnings, risk profile especially credit risk, market risk, liquidity risk, and good corporate governance …………………………………………………………………………………… …………………………………………………………………………………… …………………………………………………………………………………… ………………
c. Assessment by the Board of Commissioners regarding efforts to improve the performance of BUS and UUS, in the event that according to their assessment there is a decline in the Bank's performance as referred to in letter b above
……………………………………………………………………………………
……………………………………………………………………………………
……………………………………………………………………………………
………………
Notes:
The assessment by the Board of Commissioners as referred to in letters a to c can be supplemented with the assessment of the Board of Commissioners regarding external factors influencing the operations of BUS and UUS.

This copy is in accordance with the original
Director of Law 1
Legal Department signed
Mufli Asmawidjaja

Issued in Jakarta on 30 April 2021
EXECUTIVE HEAD OF BANKING SUPERVISOR
FINANCIAL SERVICES AUTHORITY
REPUBLIC OF INDONESIA, signed
HERU KRISTIYANA

Financial Services Authority Circular No. 14/SEOJK.03/2021 Concerning the Business Plan of Islamic Commercial Banks and Islamic Business Units

Lineage: In force