OJK Circular No. 1/SEOJK.06/2025 on Microfinance Institution Financial Reports

To:
Directors of Microfinance Institutions,

At your offices.

COPY
CIRCULAR LETTER OF THE FINANCIAL SERVICES AUTHORITY REPUBLIC OF INDONESIA NUMBER 1/SEOJK.06/2025 ON MICROFINANCE INSTITUTION FINANCIAL REPORTS

In accordance with the mandate of Article 142 of Financial Services Authority Regulation Number 41 of 2024 concerning Microfinance Institutions (State Gazette of the Republic of Indonesia Year 2024 Number 54/OJK, Supplement to the State Gazette of the Republic of Indonesia Number 122/OJK), it is necessary to regulate the form, structure, and method of submission of microfinance institution financial reports in this Financial Services Authority Circular as follows:

I. GENERAL PROVISIONS

In this Financial Services Authority Circular, the following terms are defined:

1. Microfinance Institution, hereinafter abbreviated as MFI, is a financial institution specifically established to provide business development services and community empowerment, either through loans or financing in micro-scale businesses to members and the public, managing deposits, or providing business development consulting services that are not solely profit-oriented.

2. Financial Report is the Financial Report prepared by the MFI according to the format and method determined by the Financial Services Authority based on applicable accounting standards.

3. Sharia Principles are Islamic legal principles based on fatwas and/or Sharia conformity statements issued by institutions having authority in determining fatwas in the Sharia field.

4. Board of Directors is the MFI organ authorized and fully responsible for managing the MFI for the benefit of the MFI, in accordance with the purpose and objectives of the MFI, and representing the MFI, both inside and outside of court, according to the articles of association for MFIs in the form of limited liability companies or equivalent to the Board of Directors for MFIs in the form of cooperative legal entities.

5. Board of Commissioners is the MFI organ tasked with conducting general and/or specific supervision according to the articles of association and providing advice to the Board of Directors for MFIs in the form of limited liability companies or equivalent to the Board of Commissioners for MFIs in the form of cooperative legal entities.

https://jdih.ojk.go.id/

II. FORM AND STRUCTURE OF FINANCIAL REPORTS

1. Financial Reports that must be submitted by MFIs consist of:
   a. balance sheet; b. income statement;
   c. maximum loan interest rate or maximum financing return report; and
   d. notes to the Financial Reports, consisting of:

1. MFI profile; and
2. detail lists.

2. For MFIs conducting business activities based on Sharia Principles and performing social functions, i.e., receiving and distributing social funds, in addition to the reports mentioned in point 1, they must also submit:
   a. report on the source and distribution of zakat and waqf funds; and b. report on the source and distribution of infak and sedekah funds.

3. Form and structure of Financial Reports:
   a. for MFIs conducting business activities conventionally, as stated in Appendix I which is an integral part of this Financial Services Authority Circular; and b. for MFIs conducting business activities based on Sharia Principles, as stated in Appendix II which is an integral part of this Financial Services Authority Circular.

III. TIME OF SUBMISSION OF FINANCIAL REPORTS

1. Small-scale business MFIs are required to submit periodic Financial Reports every 3 (three) months for periods ending on March 31, June 30, September 30, and December 31 to the district/city local government with a copy to the Financial Services Authority.

2. Medium-scale business MFIs and large-scale business MFIs are required to submit periodic Financial Reports every month to the Financial Services Authority.

3. Submission of Financial Reports as referred to in points 1 and 2 must be done no later than the 10th (ten) of the following month.

4. The obligation to submit Financial Reports as referred to in point 3 takes effect for the next submission period, if:
   a. small-scale business MFIs obtain business permits less than 3 (three) months from the reporting obligation as referred to in point 1; or b. medium-scale business MFIs and large-scale business MFIs obtain business permits less than 1 (one) month from the reporting obligation as referred to in point 2.

5. If the final deadline for submitting Financial Reports as referred to in point 3 falls on a holiday, the submission deadline is the next working day.

6. If the final deadline for submitting Financial Reports as referred to in point 3 or point 5 falls on a national holiday or joint holiday, the Financial Services Authority has the authority to determine the submission deadline for Financial Reports.

https://jdih.ojk.go.id/

IV. SUBMISSION PROCEDURE

1. Submission of Financial Reports is conducted online through the Financial Services Authority's data communication network system.

2. In the event that the Financial Services Authority's data communication network system as referred to in point 1 is not yet available or experiences technical difficulties, MFIs must submit Financial Reports online via email to the Financial Services Authority accompanied by a cover letter signed by the Board of Directors which has been scanned.

3. In the event of technical difficulties as referred to in point 2, then:
   a. the Financial Services Authority announces on the Financial Services Authority website or sends written notification to the MFI on the same day after the technical difficulty occurs; or b. the MFI sends written notification to the Financial Services Authority on the same day after the technical difficulty occurs.

4. In the event that the Financial Services Authority's data communication network system and email as referred to in points 1 and 2 experience difficulties or the MFI is unable to submit online as referred to in points 1 and 2, the submission of Financial Reports is conducted offline:
   a. using storage media in the form of electronic copies (softcopy) that have been scanned; or b. in the form of printed copies (hardcopy), through a cover letter signed by the Board of Directors accompanied by the reason why the MFI is unable to submit reports online and supporting documents, addressed to:
   Financial Services Authority u.p.
   Head of Data and Statistics Management Department Radius Prawiro Tower Building, 14th Floor Bank Indonesia Office Complex MH. Thamrin Street Number 2, Jakarta, 10110, with a copy to:
   Director of Supervision of Microfinance Institutions, Pegadaian, and Coordination of Financing Institutions, Venture Capital Companies, Microfinance Institutions, and Other Financial Service Institutions Regional, Wisma Mulia 2 Building, 15th Floor, General Gatot Subroto Street Kav. 42 Jakarta 12710.

5. Offline submission of Financial Reports as referred to in point 4 can be done by:
   a. handing it directly to the Financial Services Authority office; or b. sending it through a courier service company.

6. Conditions causing MFIs to be unable to submit online as referred to in point 4 include:
   a. MFIs located in areas where telecommunications network facilities are inadequate; b. telecommunications networks in the MFI's area experience disruptions;
   c. technical difficulties causing MFIs to be unable to submit online, including fire, computer system damage, and power grid disruptions;

https://jdih.ojk.go.id/

This copy is consistent with the original
Director of Legal Development
Legal Department signed
Aat Windradi d. force majeure conditions, including natural disasters such as earthquakes and floods, mass riots, and war; or e. MFIs do not yet have adequate infrastructure to submit Financial Reports online.

7. MFIs are deemed to have submitted Financial Reports with the following provisions:
   a. for online submission as follows:

1. through the Financial Services Authority's data communication network system, evidenced by a receipt from the Financial Services Authority's data communication network system; or
2. via email, evidenced by a receipt from the Financial Services Authority's email;
   b. for offline submission, evidenced by:
3. a receipt from the Financial Services Authority, if handed directly to the Financial Services Authority office address; or
4. a delivery receipt from the courier service company, showing the post stamp date or the date of document receipt by the courier service company, if the report is sent through a courier service company.

V. CLOSING

1. At the time this Financial Services Authority Circular takes effect, Financial Services Authority Circular Number 29/SEOJK.05/2015 concerning Microfinance Institution Financial Reports is revoked and declared invalid.

2. Provisions in this Financial Services Authority Circular take effect from the date of issuance.

Established in Jakarta,
On Date January 23, 2025
EXECUTIVE HEAD OF SUPERVISOR OF FINANCING INSTITUTIONS, VENTURE CAPITAL COMPANIES, MICROFINANCE INSTITUTIONS AND OTHER FINANCIAL SERVICE INSTITUTIONS FINANCIAL SERVICES AUTHORITY REPUBLIC OF INDONESIA. AGUSMAN signed https://jdih.ojk.go.id/

APPENDIX I
CIRCULAR LETTER OF THE FINANCIAL SERVICES AUTHORITY REPUBLIC OF INDONESIA NUMBER 1/SEOJK.06/2025 ON MICROFINANCE INSTITUTION FINANCIAL REPORTS

TABLE OF CONTENTS
TABLE OF CONTENTS................................................................................................. 2
I. BACKGROUND............................................................................... 3
II. PURPOSE AND OBJECTIVES ....................................................................... 3
III. CONTENT OF FINANCIAL REPORTS .................................................................... 3
IV. RECORDING BASIS .......................................................................... 4
V. OTHERS............................................................................................ 4
VI. FORM AND STRUCTURE OF MFI FINANCIAL REPORTS.......................... 4
BALANCE SHEET AND INCOME STATEMENT.......................... 4
A. Form 01.00 Balance Sheet............................................. 4

1. Form 01.00 Balance Sheet Format......................... 4
2. Explanation of Form 01.00 Balance Sheet.................... 6
   B. Form 02.00 Income Statement .................................................... 22
3. Form 02.00 Income Statement Format................................. 22
4. Explanation of Form 02.00 Income Statement............................ 24
   VII. MAXIMUM LOAN INTEREST RATE REPORT.............................. 30
   Maximum Loan Interest Rate Report Form......................... 30
5. Maximum Loan Interest Rate Report Form 03.00 Format.................................................................................................. 30
6. Explanation of Maximum Loan Interest Rate Report Form 03.00.................................................................................... 31
   VIII. MFI PROFILE ...................................................................................... 32
   A. Form 04.01 General Profile .............................................................. 32
7. Form 04.01 General Profile Format .......................................... 32
8. Explanation of Form 04.01 General Profile ..................................... 33
   B. Form 04.02 Ownership Details.................................................. 34
9. Form 04.02 Ownership Details Format.............................. 34
10. Explanation of Form 04.02 Ownership Details......................... 34
    C. Form 04.03 Management Details .............................................. 35
11. Form 04.03 Management Details Format........................... 35
12. Explanation of Form 04.03 Management Details...................... 36
    IX. DETAIL LISTS .............................................................................. 37
    A. Form 05.01 Fund Placement Detail List.............................. 37
13. Form 05.01 Fund Placement Detail List Format .......... 37
14. Form 05.01 Fund Placement Detail List Code............. 37
15. Explanation of Form 05.01 Fund Placement Detail List ..... 38
    B. Form 05.02 Loan Detail List Provided ................... 39
16. Form 05.02 Loan Detail List Provided Format 39
17. Form 05.02 Loan Detail List Provided Code .. 40
18. Explanation of Form 05.02 Loan Detail List Provided.................................................................................................. 41
    C. Form 05.03 Deposit Detail List .......................................... 45
19. Form 05.03 Deposit Detail List Format....... 45
20. Form 05.03 Deposit Detail List Code ......................... 46
21. Explanation of Form 05.03 Deposit Detail List.................. 47
    D. Form 05.04 Received Loan Detail List ..................... 49
22. Form 05.04 Received Loan Detail List Format . 49
23. Form 05.04 Received Loan Detail List Code ................... 50
24. Explanation of Form 05.04 Received Loan Detail List.................................................................................................. 51

GUIDELINES FOR PREPARING FINANCIAL REPORTS
MFIs CONDUCTING BUSINESS ACTIVITIES CONVENTIONALLY

I. BACKGROUND

MFIs conducting business activities conventionally are institutions focused on serving low-income communities by providing micro-scale deposit and financing services. As entities that collect funds and distribute loans, MFIs have a public responsibility to provide adequate Financial Reports. These Financial Reports, in addition to being a form of accountability of MFI managers for the MFI management activities carried out, also provide useful information on the MFI's financial position and profit/loss that can be understood, relevant, reliable, and comparable for decision-making by interested parties.

II. PURPOSE AND OBJECTIVES

This MFI Financial Report Preparation Guideline is intended to:

1. assist MFIs in preparing Financial Reports in accordance with the objectives of Financial Reports, including providing useful information for decision-making and providing information regarding the economic resources owned by the MFI;
2. provide standard guidelines on the form and structure of MFI Financial Reports; and
3. serve as a minimum reference that must be met by MFIs in preparing Financial Reports.

III. CONTENT OF FINANCIAL REPORTS

MFI Financial Reports consist of:

1. Balance Sheet is a report presenting information about assets, liabilities, and equity of the MFI. The Balance Sheet format is as stated in Form 01.00 Balance Sheet.
2. Income Statement is a report showing the profit/loss obtained by the MFI, which is the difference between income and expenses, both operational and non-operational. The Income Statement format is as stated in Form 02.00 Income Statement.
3. Maximum Loan Interest Rate Report is a report showing the maximum loan interest rate set by the MFI in carrying out loan distribution activities to members or the public as stated in Form 03.00 Maximum Loan Interest Rate Report.
4. Notes to the Financial Reports, consisting of:
   a. MFI Profile is a report containing data regarding the MFI profile, including address, shareholder data, and management data. The MFI Profile is filled out completely for the first report and only requires re-filling if there are changes to the data previously reported, and is filled out for changed data only. The MFI Profile consists of several forms, namely:

1. Form 04.01 General Profile
2. Form 04.02 Ownership Details
3. Form 04.03 Management Details

b. Detail Lists are details of important accounts in the Financial Reports, consisting of:

1. Form 05.01 Fund Placement Detail List
2. Form 05.02 Loan Detail List Provided
3. Form 05.03 Deposit Detail List
4. Form 05.04 Received Loan Detail List

IV. RECORDING BASIS

1. MFIs prepare Financial Reports using the accrual basis. Under the accrual basis, items are recognized as assets, liabilities, equity, income, and expenses when they meet the definition and recognition criteria for each respective item.

2. MFIs preparing Financial Reports using the cash basis assumption convert the Financial Reports to accrual by making adjustments at the end of the reporting period, at least for Financial Reports for the period ending on December 31. Adjustments are essentially special transaction journals for items that require them and are only done at the end of the financial reporting period.
   Examples of items that require adjustment include:
   a. Expenses still to be paid; b. Income still to be received;
   c. Expenses paid in advance;
   d. Income received in advance; e. Consumption/expense of supplies; and f. Depreciation of fixed assets. Adjustments are made by MFIs consistently throughout, unless there is a change in the basic assumption causing adjustments to no longer be necessary.

V. OTHERS

1. Journal illustrations used in the explanation of balance sheet and income statement accounts are only examples that are not binding. MFIs can develop recording and bookkeeping methods according to their respective systems as long as they provide equivalent results.

2. MFI transactions listed in the journal illustrations used in the explanation of balance sheet and income statement accounts are prioritized for transactions that commonly occur in MFIs.

VI. FORM AND STRUCTURE OF MFI FINANCIAL REPORTS

The Form and Structure of MFI Financial Reports are as follows.

BALANCE SHEET AND INCOME STATEMENT

A. Form 01.00 Balance Sheet

1. Form 01.00 Balance Sheet Format

Form 01.00 Balance Sheet is prepared according to the following format.

Form 01.00
PT/COOPERATIVE *) MFI ....................
MFI CODE ..........
BALANCE SHEET
As of ....................
MFI with Limited Liability Company Legal Entity Form or Cooperative Legal Entity Form No. Account Name Account Code Amount A. Assets

1. Cash 110 xxx
2. Fund Placements : 120
   (1) Savings at Banks 121 xxx
   (2) Checking Accounts at Banks 122 xxx
   (3) Time Deposits at Banks 123 xxx
   (4) Certificates of Deposit at Banks 124 xxx
   (5) Securities Issued by the Republic of Indonesia and Bank Indonesia 125 xxx (6) Deposits at Secondary Cooperatives 126 xxx
3. Loans Provided: 130
   (1) To the Public 131 xxx
   (2) To Other MFIs 132 xxx
   (3) (Loan Impairment Provision) 133 (xxx)
4. Fixed Assets and Inventories 140 xxx
   (Accumulated Depreciation of Fixed Assets and
   Inventories)
   141 (xxx)
5. Intangible Assets 150 xxx
   (Accumulated Amortization) 151 (xxx)
6. Other Assets 160 xxx
   Total Assets 100 xxx
   B. Liabilities
7. Payables Due Immediately 210 xxx
8. Deposits: 220 xxx
   (1) Savings 221 xxx
   (2) Time Deposits 222 xxx
9. Loans Received 230 xxx
10. Other Liabilities 240 xxx
    Total Liabilities 200 xxx
    Continuation of Balance Sheet for MFIs with Limited Liability Company Legal Entity Form No. Account Name Account Code Amount
    C. Equity
    Limited Liability Company:
11. Capital 310
    (1) Paid-up Capital 311 xxx

(2) Additional Paid-up Capital 312 xxx
2. Grants 320 xxx
3. Reserves 330
(1) General Reserves 331 xxx
(2) Specific Reserves 332 xxx
4. Profit/(Loss) Balance 340
(1) Beginning Profit/(Loss) Balance 341 xxx
(2) Current Year Profit/(Loss) 342 xxx
Total Equity 300 xxx
Total Liabilities and Equity 399 xxx
Continuation of Balance Sheet for MFIs with Cooperative Legal Entity Form No. Account Name Account Code Amount
C. Equity
Cooperative:

1. Capital 310
   (1) Principal Deposits 311 xxx
   (2) Mandatory Deposits 312 xxx

2. Grants 320 xxx

3. Reserves 330 xxx

4. Profit/(Loss) Balance 340 xxx
   (1) Beginning Profit/(Loss) Balance 341 xxx
   (2) Current Year Business Surplus 342 xxx
   Total Equity 300 xxx
   Total Liabilities and Equity 399 xxx
   *): strike out what is not needed

5. Explanation of Form 01.00 Balance Sheet

MFIs with Limited Liability Company Legal Entity Form or Cooperative Legal Entity Form

A. Assets
Assets are wealth owned and managed by the MFI to conduct business operations.

1. Cash (110)
   a. Explanation
   Cash is paper money and metal coins in rupiah that are still valid as legal tender. b. Recognition and Measurement Cash transactions are recognized at nominal value.
   c. Journal Illustration for Main Transactions
   (1) Receipt of cash for savings in the form of savings:
   Dr. Cash
   Cr. Savings
   (2) Reduction of cash due to loan provision:
   Dr. Loans Provided
   Cr. Cash

2. Fund Placements (120)
   a. Explanation
   Fund Placements are MFI deposits at banks, detailed as follows:
   (1) Savings at Banks (121)
   Savings at Banks are the MFI's savings accounts at banks for the purpose of supporting operational activities. Savings withdrawals can be made at any time according to specific agreed terms. This account must be detailed in Form 04.01 Fund Placement Detail List. (2) Checking Accounts at Banks (122) Checking Accounts at banks are the MFI's checking accounts at banks for the purpose of supporting operational activities. Checking account withdrawals can be made at any time using checks, giro slips, other payment instruments, or through transfer. This account must be detailed in Form 04.01 Fund Placement Detail List. (3) Time Deposits at Banks (123) Time Deposits at Banks are MFI deposits at banks that can only be withdrawn at specific times according to agreements between the MFI and the respective bank. This account must be detailed in Form 04.01 Fund Placement Detail List. (4) Certificates of Deposit at Banks (124) Certificates of Deposit at Banks are MFI deposits at banks in the form of certificates of deposit, where the certificate of deposit proof can be transferred (bearer). This account must be detailed in Form 04.01 Fund Placement Detail List. (5) Securities Issued by the Republic of Indonesia and Bank Indonesia (125) Securities issued by the Republic of Indonesia are securities issued by the Government of the Republic of Indonesia, including government debt securities as referred to in Law Number 24 of 2002 concerning Government Debt Securities and state Sharia securities as referred to in Law Number 19 of 2008 concerning State Sharia Securities. This account must be detailed in Form 04.01 Fund Placement Detail List.

(6) Deposits with Secondary Cooperatives (126) Deposits with Secondary Cooperatives are deposits placed by a legal entity Microfinance Institution (LKM) in the form of a Cooperative with its Secondary Cooperative. This account must be detailed in Form 04.01 List of Detailed Fund Placements. b. Recognition and Measurement (1) Savings with Banks Savings are recognized at nominal value. Interest income from savings is recognized as an increase to the nominal value of savings. Recognition and recording of such savings interest is conducted at least in accordance with the reporting period submitted to the Financial Services Authority (OJK). (2) Checking Accounts with Banks Checking accounts are recognized at nominal value. Interest income from checking accounts is recognized as an increase to the nominal value of checking accounts. Recognition and recording of such checking account interest is conducted at least in accordance with the reporting period submitted to the Financial Services Authority (OJK). (3) Time Deposits with Banks Time deposits are recognized at nominal value. Interest income from time deposits is recognized and recorded on a cash basis, namely when interest is paid by the bank to the LKM at the nominal value received. (4) Certificates of Deposit with Banks Certificates of deposit are recognized at acquisition value (nominal value minus discount value), with notes regarding certificates of deposit upon maturity. If a certificate of deposit is transferred before maturity, the LKM recognizes any gain from the transfer of the certificate of deposit as Other Operating Income, while losses are recognized as Other Operating Expenses. (5) Securities Issued by the Republic of Indonesia and Bank Indonesia Securities issued by the Republic of Indonesia and Bank Indonesia are recognized at acquisition value (nominal value minus discount value). If government securities are transferred before maturity, the LKM recognizes any gain from the transfer of government securities as Other Operating Income, while losses are recognized as Other Operating Expenses. (6) Deposits with Secondary Cooperatives Deposits with Secondary Cooperatives are recognized at nominal value. Interest income from deposits is recognized and recorded on a cash basis, namely when interest is paid by the Secondary Cooperative to the LKM at the nominal value received.
c. Illustration of Journals for Main Transactions
(1) Savings with Banks
(a) Recording savings:
Dr. Fund Placements - Savings with Banks
Cr. Cash
(b) Withdrawal of savings:
Dr. Cash
Cr. Fund Placements - Savings with Banks
(c) Recognition of interest income:
Dr. Fund Placements - Savings with Banks
Cr. Interest Income
(2) Checking Accounts with Banks
(a) Recording checking accounts:
Dr. Fund Placements - Checking Accounts with Banks Cr. Cash (b) Withdrawal of checking accounts:
Dr. Cash
Cr. Fund Placements - Checking Accounts with Banks (c) Recognition of interest income:
Dr. Fund Placements - Checking Accounts with Banks Cr. Interest Income (3) Time Deposits with Banks (a) Recording time deposits:
Dr. Fund Placements - Time Deposits with Banks Cr. Cash (b) Withdrawal of time deposits upon maturity:
Dr. Cash
Cr. Fund Placements - Time Deposits with Banks Cr. Interest Income (4) Certificates of Deposit with Banks (a) Acquisition of certificates of deposit:
Dr. Fund Placements - Certificates of Deposit with Banks Cr. Cash (b) Redemption of certificates of deposit upon maturity:
Dr. Cash
Cr. Fund Placements - Certificates of Deposit with Banks Cr. Interest Income (c) Transfer of certificates of deposit before maturity:
i. If there is a surplus/gain:
Dr. Cash
Cr. Fund Placements - Certificates of Deposit with Banks Cr. Other Operating Income
ii. If there is a deficit/loss:
Dr. Cash
Dr. Other Operating Expenses
Cr. Fund Placements - Certificates of Deposit with Banks (5) Securities Issued by the Republic of Indonesia and Bank Indonesia (a) Acquisition of government securities:
Dr. Fund Placements - Government Securities
Cr. Cash
(b) Redemption of government securities upon maturity:
Dr. Cash
Cr. Fund Placements - Government Securities
Cr. Interest Income/Yield
(c) Transfer of government securities before maturity:
i. If there is a surplus/gain:
Dr. Cash
Cr. Fund Placements - Government Securities
Cr. Other Operating Income
ii. If there is a deficit/loss:
Dr. Cash
Dr. Other Operating Expenses
Cr. Fund Placements - Government Securities
(6) Deposits with Secondary Cooperatives
(a) Recording Deposits:
Dr. Fund Placements - Deposits with Secondary Cooperatives Cr. Cash (b) Withdrawal of Deposits:
Dr. Cash
Cr. Fund Placements - Deposits with Secondary Cooperatives (c) Recognition of interest income:
Dr. Fund Placements - Deposits with Secondary Cooperatives Cr. Interest Income
3. Loans Granted (130)
a. Explanation
Loans Granted are the debit balances of loans granted by LKMs, detailed as follows:
(1) To the Public (131)
Loans Granted to the Public are the debit balances of loans granted by LKMs to the public that must be repaid as agreed. In LKMs in the form of cooperatives, these loans include loans to cooperative members and non-members. (2) To Other LKMs (132) Loans Granted to Other LKMs are the debit balances of loans granted by LKMs to other LKMs to address the liquidity difficulties of other LKMs within the same regency/city. The aforementioned liquidity difficulties refer to the liquidity ratio of LKMs below the applicable regulations. This account must be detailed in the List of Detailed Loans Granted. (3) Provision for Loan Write-offs (133) Provision for Loan Write-offs is a provision that must be formed to cover the possibility of loss risks arising from the inability to recover part or all of the loans granted. In the event of an increase in provisions, the provisions must be charged to the LKM's income statement before using reserves to cover losses. b. Recognition and Measurement Loans Granted are recognized and recorded at the agreed value at the time of granting the loan. However, the value presented in the financial position report is the debit balance of the loan. Loan fee recognition is recognized and recorded as Other Operating Income at a percentage of the nominal principal loan value. Recognition of provision for loan write-offs at a certain percentage of the debit balance based on loan quality classification as regulated in the Financial Services Authority Regulation regarding the conduct of LKM business.
c. Illustration of Journals for Main Transactions
(1) Granting loans:
Dr. Loans Granted
Cr. Cash
(2) Receipt of fees and other administrative fees (if any):
Dr. Cash
Cr. Other Operating Income
(3) Receipt of principal installments:
Dr. Cash
Cr. Loans Granted
(4) Receipt of interest installments:
Dr. Cash
Cr. Interest Income
(5) Formation of provision for loan write-offs Dr. Provision for Loan Write-offs Expense Cr. Provision for Loan Write-offs (6) When loans are claimed uncollectible Dr. Provision for Loan Write-offs Cr. Loans Granted (7) Recovery of provision for loan write-offs Dr. Cash Cr. Loans Granted Dr. Loans Granted Cr. Provision for Loan Write-offs Dr. Provision for Loan Write-offs Cr. Other Operating Income (8) When provision for loan write-offs are claimed uncollectible Dr. Provision for Loan Write-offs Cr. Loans Granted
4. Fixed Assets and Inventories (140)
a. Explanation
Fixed Assets and Inventories (FAI) are tangible assets owned for use in providing services or administrative purposes, and are used for more than one year. FAI includes:
a) Land b) Buildings c) Inventories (equipment, supplies, and vehicles) Accumulated Depreciation of Fixed Assets and Inventories (141) Accumulated Depreciation is the annual accumulation of systematic allocation of depreciable amounts of Fixed Assets (except land) and Inventories during their useful life. b. Recognition and Measurement FAI are recognized and recorded at acquisition value. Acquisition value can be the purchase price including the purchase price and costs incurred directly to bring the asset to its location and ready for use. Accumulated Depreciation of Fixed Assets and Inventories (141) Depreciation of Fixed Assets (except land) and Inventories can be conducted using the straight-line method or the declining balance method without considering residual value (salvage value). This depreciation is conducted at least for the financial position report as of December 31. The annual depreciation amount using the straight-line method is calculated as follows:
Acquisition Value
Useful life (in years)
The useful life and depreciation rates may refer to applicable tax regulations.
c. Illustration of Journals for Main Transactions
(1) Purchase of FAI for cash
Dr. Fixed Assets and Inventories (FAI)
Cr. Cash
(2) Depreciation of FAI:
Dr. FAI Depreciation Expense
Cr. Accumulated Depreciation of FAI
(3) Sale of FAI
(a) If there is a surplus/gain:
Dr. Cash
Dr. Accumulated Depreciation of FAI
Cr. Fixed Assets and Inventories (FAI)
Cr. Non-Operating Income
(b) If there is a deficit/loss:
Dr. Cash
Dr. Non-Operating Expenses
Dr. Accumulated Depreciation of FAI
Cr. Fixed Assets and Inventories (FAI)
5. Intangible Assets (150)
a. Explanation
Intangible assets are non-monetary assets owned by LKMs that can be identified and have no physical form, and are used for operations, including business application programs in the form of software obtained from external parties. Accumulated Amortization (151) Accumulated Amortization is the annual accumulation of systematic allocation of amortizable amounts of Intangible Assets during their useful life. b. Recognition and Measurement Intangible assets are recognized at acquisition cost. The acquisition cost of intangible assets obtained separately includes the purchase price and costs that can be directly attributed so that they are ready for use. Accumulated Amortization (151) Amortization of Intangible Assets can be conducted using the straight-line method or the declining balance method without considering residual value (salvage value). This amortization is conducted for the financial position report as of December 31. The annual amortization amount using the straight-line method is calculated as follows:
Acquisition Value
Useful life (in years)
The useful life and amortization rates may refer to applicable tax regulations.
c. Illustration of Journals for Main Transactions
(1) Upon acquisition:
Dr. Intangible Assets
Cr. Cash
(2) Upon amortization of assets
Dr. Amortization Expense
Cr. Accumulated Amortization
(3) Upon cessation of recognition:
Dr. Cash (if any)
Dr. Accumulated Amortization
Cr. Intangible Assets
Cr/Dr. Non-Operating Income/Expense
6. Other Assets (160)
Other Assets are other assets that cannot be classified into any of the account numbers 1 through 5 above. Included in this position are accrued income and prepaid expenses. Accrued income is interest income from granted loans with current quality that has been recognized as income but payment has not yet been received. B. Liabilities Liabilities are the current debts of LKMs arising from past events and their settlement is expected to result in an outflow of resources from LKM assets containing economic benefits.

1. Payables Due Within One Year (210)
   a. Explanation
   Payables Due Within One Year are obligations that have matured and/or can be demanded immediately by their owners and must be paid immediately, including loans received that must be paid immediately within a period of less than 1 (one) year and tax liabilities. Examples of Payables Due Within One Year include:
   (1) Deposits in the form of savings account balances that have been closed and deposits that have matured but have not yet been withdrawn by their owners (2) Surplus from the sale of collateral which is the debtor's right. (3) Surplus of business results which is the members' share according to the Annual Members' Meeting decision and has not yet been distributed. (4) Dividends that have been determined but not yet paid. (5) Loans received that have matured but have not yet been paid; and (6) Tax liabilities, namely:
   (a) income tax on interest from savings and deposits of depositors that have been withheld and not yet paid to the state in accordance with applicable laws and regulations; (b) corporate income tax due in accordance with applicable laws and regulations; (c) employee income tax in accordance with applicable laws and regulations; and (d) other tax liabilities. b. Recognition and Measurement Payables Due Within One Year are recognized and recorded at nominal value when the obligation arises. Tax calculations are adjusted in accordance with applicable tax regulations.
   c. Illustration of Journals for Main Transactions
   (1) When deposits mature and have not been withdrawn by depositors:
   Dr. Deposits - Time Deposits
   Dr. Interest Expense
   Cr. Payables Due Within One Year
   (2) When the aforementioned matured deposits are withdrawn by depositors:
   Dr. Payables Due Within One Year
   Cr. Cash
   (3) When loans have matured but have not been paid:
   Dr. Loans Received
   Cr. Payables Due Within One Year
   (4) When loans are settled:
   Dr. Payables Due Within One Year
   Dr. Interest Expense
   Cr. Cash
   (5) Provision of SHU (Surplus of Business Results) share for members:
   Dr. Current Year Profit/Loss Balance
   Cr. Payables Due Within One Year
   (6) When recording corporate income tax due:
   Dr. Estimated Income Tax
   Cr. Payables Due Within One Year
   (7) When recording income tax liabilities on interest from savings and deposits:
   Dr. Deposits
   Cr. Payables Due Within One Year
   (8) When paying salaries and recording employee income tax liabilities in accordance with applicable laws and regulations:
   Dr. Labor Expenses
   Cr. Cash
   Cr. Payables Due Within One Year
   (9) When recording other tax liabilities:
   Dr. Other Operating Expenses
   Cr. Payables Due Within One Year
2. Deposits (220)
   a. Explanation
   Deposits are funds entrusted by the public to LKMs in the form of savings and/or time deposits based on a fund storage agreement. (1) Deposits - Savings (221) Deposits - Savings are deposits at LKMs that can be withdrawn at any time according to specific terms agreed upon. In LKMs in the form of cooperatives, Deposits - Savings are deposits other than principal deposits and mandatory deposits. (2) Deposits - Time Deposits (222) Deposits - Time Deposits are deposits at LKMs that can only be withdrawn at specific times according to an agreement between the depositor and the respective LKM. In LKMs in the form of cooperatives, Deposits - Time Deposits are Cooperative Time Deposits. This account must be detailed in the List of Detailed Deposits. b. Recognition and Measurement (1) Deposits - Savings Savings are recognized and recorded at the nominal deposit value when money is received. Interest expenses on savings at LKMs become an increase to the depositor's savings value. Recognition and recording of interest causing an increase in savings value is conducted at least every four months in accordance with the reporting period to the Financial Services Authority (OJK). (2) Deposits - Time Deposits Time deposits are recognized and recorded at the nominal value on the time deposit slip when money is received. Interest expenses on time deposits at LKMs are recognized when the time deposit has matured and payment is made in cash.
   c. Illustration of Journals for Main Transactions
   (1) Receipt of savings deposits:
   Dr. Cash
   Cr. Deposits - Savings
   (2) Recognition of savings interest expense:
   Dr. Interest Expense
   Cr. Deposits - Savings
   (3) Withdrawal of savings:
   Dr. Deposits - Savings
   Cr. Cash
   (4) Receipt of time deposit payments:
   Dr. Cash
   Cr. Deposits - Time Deposits
   (5) Payment of time deposits upon maturity:
   Dr. Deposits - Time Deposits
   Dr. Interest Expense
   Cr. Cash
3. Loans Received (230)
   a. Explanation
   Loans Received are funds received by LKMs from other parties with the obligation to repay according to the terms of the loan agreement with a maturity of more than 1 (one) year and are not included in Payables Due Within One Year. Examples of Loans Received include loans from Banks or other LKMs, and participation capital. This account must be detailed in the List of Detailed Loans Received. b. Recognition and Measurement Loans Received are recognized and recorded at the principal loan value. Recognition and recording of principal and interest installment payments are conducted when paid in cash.
   c. Illustration of Journals for Main Transactions
   (1) When loans are received:
   Dr. Cash
   Cr. Loans Received
   (2) Payment of transaction costs (if any):
   Dr. Other Operating Expenses
   Cr. Cash
   (3) Loan installment payments:
   Dr. Loans Received
   Dr. Interest Expense
   Cr. Cash
4. Other Liabilities (240)
   a. Explanation
   Other Liabilities are other liabilities that cannot be included or classified into any of the account numbers 1 through 3 above. Included in this position are accrued expenses and unearned income. b. Recognition and Measurement Other Liabilities are recognized and recorded at the amount to be settled. LKM with Limited Liability Company Legal Entity Form
   C. Equity
   Equity is the residual interest in the assets of LKMs after deducting all liabilities.
5. Capital (310)
   a. Explanation
   (1) Paid-in Capital (311)
   Paid-in Capital is capital that has been effectively deposited and received by the LKM at the nominal value of the shares. (2) Additional Paid-in Capital (312) Additional Paid-in Capital is the surplus/deficit of capital deposits received by the LKM as a result of share prices exceeding/being less than the nominal value. b. Recognition and Measurement (1) Paid-in Capital is recognized upon receipt of capital deposits and recorded at the nominal value of shares. (2) If the amount of capital deposits received is more/less than the nominal value of shares, the difference is recognized and recorded as Additional Paid-in Capital.
   c. Illustration of Journals for Main Transactions
   (1) Recording paid-in capital for cash at nominal value:
   Dr. Cash
   Cr. Paid-in Capital
   (2) Recording paid-in capital for cash above nominal value:
   Dr. Cash
   Cr. Paid-in Capital
   Cr. Additional Paid-in Capital
   (3) Recording paid-in capital for cash below nominal value:
   Dr. Cash
   Dr. Additional Paid-in Capital
   Cr. Paid-in Capital
6. Grants (320)
   a. Explanation
   Grants are amounts of money or capital goods that can be valued in money received from other parties that are grants and non-binding. If grants are obtained from parties other than owners, they are not recognized as grants and are recognized as other income. b. Recognition and Measurement Grants are recognized at nominal value upon receipt.
   c. Illustration of Journals for Main Transactions
   Receipt of grants:
   Dr. Cash/Fixed Assets and Inventories (FAI)
   Cr. Grants
7. Reserves (330)
   a. Explanation
   Reserves are part of net profit whose usage purpose has been determined. Reserves consist of 2 types, namely:
   (1) General Reserves (331)
   General Reserves are reserves formed from the allocation of net profit used to cover losses arising from business operations. (2) Specific Reserves (332) Specific Reserves are part of net profit allocated for specific purposes. b. Recognition and Measurement Reserves are recognized and recorded at their nominal value.
   c. Illustration of Journals for Main Transactions
   (1) Formation of general reserves:
   Dr. Profit Balance
   Cr. General Reserves
   (2) Formation of specific reserves:
   Dr. Profit Balance
   Cr. Specific Reserves
8. Profit/Loss Balance (340)
   a. Explanation
   Profit/Loss Balance is the accumulation of Beginning Profit/Loss Balance plus Current Year Profit/Loss. b. Recognition and Measurement (1) Beginning Profit/Loss Balance (341) Recognized at the balance of profit/loss obtained in the previous year. (2) Current Year Profit/Loss (342) Recognized at the profit/loss obtained by the LKM in one current year period, namely from the beginning of the year until the date of the report.
   c. Illustration of Journals for Main Transactions
   (1) LKM records profit:
   (a) Dr. Income
   Cr. Profit/Loss Summary
   (b) Dr. Profit/Loss Summary
   Cr. Expenses
   (c) Dr. Profit/Loss Summary
   Cr. Current Year Profit
   (2) LKM incurs losses:
   (1) Dr. Income
   Cr. Profit/Loss Summary
   (2) Dr. Profit/Loss Summary
   Cr. Expenses
   (3) Dr. Current Year Loss
   Cr. Profit/Loss Summary
   LKM with Cooperative Legal Entity Form
   C. Equity
9. Capital (310)
   a. Explanation
   (1) Principal Deposits (311)
   Principal Deposits are equal amounts of money that must be paid by members to the cooperative when joining as members. Principal Deposits cannot be withdrawn as long as the person remains a member. (2) Mandatory Deposits (312) Mandatory Deposits are deposits that do not have to be of equal amounts that must be paid by cooperative members at specific times and opportunities. Mandatory Deposits cannot be withdrawn as long as the person remains a member. b. Recognition and Measurement (1) Principal Deposits are recognized and recorded at the nominal value of principal deposits. (2) Mandatory Deposits are recognized and recorded at the nominal value of mandatory deposits.
   c. Illustration of Journals for Main Transactions
   (1) Recording principal deposits:
   Dr. Cash
   Cr. Principal Deposits
   (2) Recording mandatory deposits:
   Dr. Cash
   Cr. Mandatory Deposits
10. Grants (320)
    a. Explanation
    Grants are amounts of money or capital goods that can be valued in money received from other parties that are grants and non-binding. b. Recognition and Measurement Grants are recognized at their nominal value upon receipt.
    c. Illustration of Journals for Main Transactions
    Receipt of grants:
    Dr. Cash/Fixed Assets and Inventories (FAI)
    Cr. Grants
11. Reserves (330)
    a. Explanation
    Reserves are part of the Surplus of Business Results (SHU) allocated in accordance with the articles of association or members' meeting resolutions. Reserves allocated from SHU are cooperative equity. b. Recognition and Measurement Reserves are recognized and recorded at their nominal value.
    c. Illustration of Journals for Main Transactions
    Formation of reserves:
    Dr. Profit/Loss Balance
    Cr. Reserves
12. Profit/Loss Balance (340)
    a. Explanation
    Profit/Loss Balance is the accumulation of Beginning Profit/Loss Balance plus Current Year Profit/Loss. b. Recognition and Measurement (1) Beginning Profit/Loss Balance (341) Recognized at the balance of profit/loss obtained in the previous year. (2) Current Year Surplus of Business Results (342) Current Year Surplus of Business Results is income minus cooperative expenses obtained in one accounting period after deducting reserves and other needs according to members' meeting decisions or applicable regulations in the respective cooperative.
    c. Illustration of Journals for Main Transactions
    (1) LKM records profit:
    a) Dr. Income
    Cr. Profit/Loss Summary b) Dr. Profit/Loss Summary Cr. Expenses c) Dr. Profit/Loss Summary Cr. Current Year Profit (2) LKM incurs losses:
    a) Dr. Income
    Cr. Profit/Loss Summary b) Dr. Profit/Loss Summary Cr. Expenses c) Dr. Current Year Loss Cr. Profit/Loss Summary

B. Form 02.00 Income Statement

1. Format of Form 02.00 Income Statement
   Form 02.00 Income Statement is prepared in the following format.

Form 02.00
PT LKM ………………....
LKM CODE …...
INCOME STATEMENT
For the Period Ending on Date ……….…
LKM with Limited Liability Company Legal Form
No. Account Name Account Code Amount
A. Operational Income 400

1. Interest Income 410 xxx
2. Other Operational Income 420 xxx
   Total Operational Income 400 xxx
   B. Operational Expenses
3. Interest Expense 510 xxx

Labor Expense 520 xxx a. Salary Expense 521 xxx b. Human Resource Education and Training Expense 522 xxx
c. Other Expenses 523 xxx
3. Fixed Assets and Inventory Depreciation Expense 530 xxx
4. Amortization Expense 540 xxx
5. Loan Write-off Provision Expense 550 xxx
6. Other Operational Expenses 560
Total Operational Expenses 500 xxx
C. Operational Profit/(Loss) 610 xxx
D. Non-Operational Income 620 xxx
E. Non-Operational Expenses 630 xxx
F. Profit/(Loss) Before Tax 640 xxx
G. Estimated Income Tax 650 xxx
H. Current Year Profit/(Loss) 660 xxx

LKM with Cooperative Legal Form
Form 02.00
COOPERATIVE LKM ………………....
LKM CODE …...
INCOME STATEMENT
For the Period Ending on Date ……….…
No. Account Name Account Code Amount
A. Operational Income 400

1. Interest Income 410 xxx
2. Other Operational Income 420 xxx
   Total Operational Income 400 xxx
   B. Operational Expenses
3. Interest Expense 510 xxx

Labor Expense 520 xxx a. Salary Expense 521 xxx b. Human Resource Education and Training Expense 522 xxx
c. Other Expenses 523 xxx
3. Fixed Assets and Inventory Depreciation Expense 530 xxx
4. Amortization Expense 540 xxx
5. Loan Write-off Provision Expense 550 xxx
6. Other Operational Expenses 560
Total Operational Expenses 500 xxx
C. Operational Business Result 610 xxx
D. Non-Operational Income 620 xxx
E. Non-Operational Expenses 630 xxx
F. Business Result Before Tax 640 xxx
G. Estimated Income Tax 650 xxx
H. Current Year Business Result 660 xxx

2. Explanation of Form 02.00 Income Statement
   LKM with Limited Liability Company Legal Form or Cooperative Legal Form Operational Income A. Operational Income (400) a. Explanation Operational Income is all income derived from the main activities of the LKM. Operational Income consists of Interest Income and Other Operational Income.
3. Interest Income (410)
   Interest Income is income obtained by the LKM from loan disbursements and fund placements in banks. In LKMs with a cooperative form, this income includes interest income obtained from loan disbursements to members and non-members. Interest Income from loan disbursement agreements (contractual interest) is recognized as follows:
   a. Loan disbursements classified as performing are recognized on an accrual basis; b. Loan disbursements classified as doubtful and non-performing are recognized on a cash basis.
4. Other Operational Income (420)
   Other Operational Income is various income arising from the main operational activities of the LKM other than interest income, such as consultation income, other operational income obtained from providing consultation services, and income from fees and administration of Savings and/or Loans. b. Recognition and Measurement
5. Interest Income is recognized on a cash basis and recorded at the amount received, except for savings interest which is recognized at least every 4 (four) months in accordance with the financial reporting period to the Financial Services Authority using adjusting journal entries.
6. Other Operational Income is recognized on a cash basis and recorded at the amount received.
   c. Illustration of Journals for Main Transactions
7. Receipt of interest income from loans given:
   Dr. Cash
   Cr. Interest Income
8. At the time of income recognition at the end of the reporting period (accrual):
   Dr. Accrued Interest Income
   Cr. Interest Income
9. Recognition of savings interest income:
   Dr. Fund Placement – Savings in Bank
   Cr. Interest Income
10. Receipt of fixed-term deposit interest income:
    Dr. Cash
    Cr. Interest Income
11. Receipt of other operational income, including loan fees and other administrative fees:
    Dr. Cash
    Cr. Other Operational Income

Operational Expenses
B. Operational Expenses a. Explanation
Operational Expenses are all expenses incurred for the business activities of the LKM.

1. Interest Expense (510)
   Interest Expense is the expense paid to depositors or other parties related to fund gathering activities and loan receipts.
2. Labor Expense (520)
   Labor Expense is the sum of salary expenses, human resource education and training expenses, and other expenses. a. Salary Expense (521) Salary Expense is the expense paid to the Board of Directors, Board of Commissioners, LKM Employees, and/or Sharia Supervisory Board before deduction of income tax and other withholdings. This sub-item also includes honorariums, overtime pay, and welfare maintenance. b. Human Resource Education and Training Expense (522) Human Resource Education and Training Expense is the expense incurred by the LKM for the education and training of LKM Human Resources (HR).
   c. Other Expenses (522)
   Other Expenses are various expenses arising other than salary expenses and human resource education and training expenses.
3. Fixed Assets and Inventory Depreciation Expense (530)
   Fixed Assets and Inventory Depreciation Expense is the depreciation expense of Fixed Assets and Inventory.
4. Amortization Expense (540)
   Amortization Expense is the amortization expense of Intangible Assets, including business application programs in the form of software obtained from external parties.
5. Loan Write-off Provision Expense (550)
   Loan Write-off Provision Expense is the provision expense for uncollectible loans.
6. Other Operational Expenses (560)
   Other Operational Expenses are operational expenses not included in any of the above operational costs. Examples: electricity, water, telephone, maintenance and repair of LKM-owned Fixed Assets and Inventory, office supplies purchase costs, office rental costs, and other operational expenses. In LKMs with a cooperative form, cooperative costs (cooperative HR education and training costs, organizational meeting costs, work area development costs, board/supervisor honorariums, and other costs related to cooperatives) are also included in other operational expenses. b. Recognition and Measurement
7. Interest Expense
   a. Interest Expense on savings in the LKM increases the value of depositors' savings. Recognition and recording of interest causing an increase in savings value is conducted at least every 4 (four) months in accordance with the reporting period to the Financial Services Authority using adjusting journal entries. b. Interest Expense on deposits in the LKM is recognized when the deposit matures and payment is made in cash.
   c. Interest Expense on loans received is recognized when paid in cash.
8. Human Resource Expense
   Human Resource Expense is recognized and recorded at the nominal value paid in cash during the period the expense occurs, whether for training and development expenses or salary and other expenses.
9. Fixed Assets and Inventory Depreciation Expense
   Fixed Assets and Inventory Depreciation Expense, except for land, is recognized as a reduction in the value of Fixed Assets and Inventory by the systematic allocation amount of its acquisition value over the useful life of the Fixed Assets and Inventory. This depreciation is conducted at least annually, i.e., in the income statement for the period ending December 31. The annual straight-line depreciation amount is calculated as follows:

Acquisition Value / Useful Life (in years) = Annual Depreciation Amount

The total useful life and depreciation rate may refer to applicable tax regulations.
4. Amortization Expense
Amortization Expense is recognized as a reduction in the value of intangible assets by the systematic allocation amount of its acquisition value over the asset's useful life. This amortization is conducted at least annually, i.e., in the income statement for the period ending December 31. The annual straight-line amortization amount is calculated as follows:

Acquisition Value / Useful Life (in years) = Annual Amortization Amount

The total useful life and amortization rate may refer to applicable tax regulations.
5. Loan Write-off Provision Expense
Loan Write-off Provision Expense is recognized as a reduction in the value of loans. Loan write-offs are conducted for loans that cannot be collected. Loan Write-off Provision Expense is recognized and recorded in a four-monthly time period.
6. Other Operational Expenses
Other Operational Expenses are recognized and recorded at the nominal value paid in cash during the period the expense occurs.
c. Illustration of Journals for Main Transactions

1. Recognition of savings interest expense:
   Dr. Interest Expense
   Cr. Savings – Savings
2. Payment of deposit interest expense:
   Dr. Interest Expense
   Cr. Cash
3. Payment of loan interest expense received:
   Dr. Interest Expense
   Cr. Cash
4. At the time of expense recognition at the end of the reporting period (accrual):
   Dr. Interest Expense
   Cr. Accrued Interest Expense
5. Payment of HR expense:
   Dr. HR Expense (training and development expenses or other salary expenses) Cr. Cash
6. Recognition of Fixed Assets and Inventory Depreciation Expense annually:
   Dr. Fixed Assets and Inventory Depreciation Expense Cr. Accumulated Depreciation of Fixed Assets and Inventory
7. Recognition of Amortization Expense
   Dr. Amortization Expense
   Cr. Accumulated Amortization
8. Recognition of Loan Write-off Provision Expense every four months:
   Dr. Loan Write-off Provision Expense
   Cr. Loan Write-off Provision
9. Payment of electricity, water, telephone, office rent, and other operational expenses.
   Dr. Other Operational Expenses
   Cr. Cash

LKM with Limited Liability Company Legal Form
C. Profit/(Loss) Operational (610)
Profit/(Loss) Operational is the positive/negative difference between Operational Income and Operational Expenses. D. Non-Operational Income (620) a. Explanation Non-Operational Income is all income/profits obtained other than from the main activities of the LKM, including profits from the sale of Fixed Assets. b. Recognition and Measurement Non-Operational Income is recognized and recorded at the amount received. E. Non-Operational Expenses (630) a. Explanation Non-Operational Expenses are all expenses/losses borne by the LKM for non-operational activities. b. Recognition and Measurement Non-Operational Expenses are recognized and recorded at the amount to be settled/paid by the LKM in cash. F. Profit/(Loss) Before Tax (640) Profit/(Loss) Before Tax is the positive/negative difference of Operational Profit/(Loss) plus Non-Operational Income minus Non-Operational Expenses. G. Estimated Income Tax (650) Estimated Income Tax is the estimate of current year income tax in accordance with tax regulations. H. Current Year Profit/(Loss) (660) Current Year Profit/(Loss) is the positive/negative difference of Profit/(Loss) Before Tax minus Estimated Income Tax.

LKM with Cooperative Legal Form
C. Operational Business Result (610)
Operational Business Result is the positive/negative difference between Operational Income and Operational Expenses. D. Non-Operational Income (620) a. Explanation Non-Operational Income is all income/profits obtained other than from the main activities of the LKM, including profits from the sale of Fixed Assets. b. Recognition and Measurement Non-Operational Income is recognized and recorded at the amount received. E. Non-Operational Expenses (630) a. Explanation Non-Operational Expenses are all expenses/losses borne by the LKM for non-operational activities. b. Recognition and Measurement Non-Operational Expenses are recognized and recorded at the amount to be settled/paid by the LKM in cash. F. Business Result Before Tax (640) Business Result Before Tax is the positive/negative difference of Operational Business Result plus Non-Operational Income minus Non-Operational Expenses. G. Estimated Income Tax (650) Estimated Income Tax is the estimate of current year income tax in accordance with tax regulations. H. Current Year Business Result (660) Current Year Business Result is the positive/negative difference of Business Result Before Tax minus Estimated Income Tax.

VII. MAXIMUM LOAN INTEREST RATE REPORT
Form for Maximum Loan Interest Rate Report

1. Format of Form 03.00 Maximum Loan Interest Rate Report
   in accordance with the following format:
   Referring to Financial Services Authority Regulation Number 41 of 2024 concerning Microfinance Institutions, we hereby submit the maximum loan interest rate report for the 3 (three) monthly period ending in March/June/September/December*) year ... namely:
   a. b. c. d.
   No.
   Loan Type
   Payment Period
   Maximum Loan Interest Rate (%)
   We submit this report and thank you for your attention, Sir/Madam*).
   ........, date, month, year
   Board of Directors PT/Cooperative*) LKM
   ....
   ...........................................
   *) Strike out what is not necessary
   ) Fill in the name of the Regional Office of the Financial Services Authority or the name of the Financial Services Authority Office according to the LKM's domicile *) Fill in the address of the Regional Office of the Financial Services Authority or the name of the Financial Services Authority Office according to the LKM's domicile

2. Explanation of Form 03.00 Maximum Loan Interest Rate Report
   a. No.
   This position is filled with the serial number. b. Loan Type This position is filled with investment, working capital, or consumer information.
   c. Payment Period
   This position is filled with payment periods including:

1. Daily
   Payment period set based on days.
2. Weekly
   Payment period set based on the number of weeks.
3. Monthly
   Payment period set based on the number of months.
4. Fortnightly (Selapanan)
   Payment period set based on the number of fortnights.
5. Seasonal
   Payment period set based on the number of seasons.
6. Annually
   Payment period set based on the number of years. d. Maximum Loan Interest Rate (%) This position is filled with information per day, per week, per month, per fortnight, per season, or per year.

VIII. LKM PROFILE
A. Form 04.01 General Profile

1. Format of Form 04.01 General Profile
   Form 04.01 General Profile is prepared in the following format:
   Form 04.01
   General Profile
   PT/Cooperative *) LKM …………
   For the Period Ending on Date …
   GENERAL PROFILE a. LKM Name :
   b. LKM Code Number :
   c. Full Address

1. Address :
2. Village/Sub-district :
3. District :
4. Regency/City :
5. Province :
6. Postal Code :
   d. Telephone and Fax :
   e. Email :
   f. Business License Number :
   g. Business License Date :
   h. Taxpayer Identification Number (NPWP)
   i. Financial Services Authority Office Area :
   j. Report Preparer Name :
   k. Report Preparer Telephone Number :
   l. Report Responsible Person Name :
   m. Report Responsible Person Telephone Number :
   *) Strike out what is not necessary

2. Explanation of Form 04.01 General Profile
   Form 04.01 General Profile contains all information regarding the LKM profile as follows:
   a. LKM Name
   This position is filled with the LKM name including its legal form. b. LKM Code Number This position is filled with the code number obtained from the Financial Services Authority as the LKM's identity for financial reporting and institutional changes.
   c. Full Address
   This position is filled with:

1. Address
   Full address of the LKM office.
2. Village/Sub-district
   Village/sub-district where the LKM operates.
3. District
   District where the LKM operates.
4. Regency/City
   Regency/city where the LKM operates.
5. Province
   Province where the LKM operates.
6. Postal Code
   Postal code where the LKM operates. d. Telephone and Fax This position is filled with the telephone and fax numbers of the LKM. e. Email This position is filled with the LKM's email address. f. Business License Number This position is filled with the business license number as stated in the business license decision letter for the LKM. g. Business License Date This position is filled with the LKM business license date as stated in the date of the business license decision letter from the Financial Services Authority. h. Taxpayer Identification Number (NPWP) This position is filled with the LKM's NPWP.
   i. Financial Services Authority Office Area
   This position is filled with the name of the OJK Office supervising the LKM. j. Report Preparer Name This position is filled with the name of the preparer of the LKM Financial Report. k. Report Preparer Telephone Number This position is filled with the telephone number of the preparer of the LKM Financial Report.
   l. Report Responsible Person Name
   This position is filled with the name of the responsible person for the LKM Financial Report. m. Report Responsible Person Telephone Number This position is filled with the telephone number of the responsible person for the LKM Financial Report.

B. Form 04.02 Ownership Details

1. Format of Form 04.02 Ownership Details
   Form 04.02 Ownership Details is prepared in the following format.
   Form 04.02 Ownership Details a. b. c. d. e.
   No. Shareholder/Member Name
   National ID Number (NIK)
   Nominal (Rp)
   Ownership Percentage (%)
2. Explanation of Form 04.02 Ownership Details
   Form 04.02 Ownership Details contains information as follows. a. No.
   This position is filled with the serial number. b. Shareholder/Member Name This position is filled with all shareholder names for LKMs with Limited Liability Company legal form or all member names for LKMs with Cooperative legal form.
   c. National ID Number (NIK)
   This position is filled with the NIK of the shareholder or member. If the shareholder is not an individual, the NIK column is not filled. d. Nominal (Rp) This position is filled with the nominal in Rupiah of the shareholder's or member's ownership in the LKM. e. Ownership Percentage (%) This position is filled with the ownership percentage of the shareholder's or member's ownership in the LKM.

C. Form 04.03 Management Details

1. Format of Form 04.03 Management Details
   Form 04.03 Management Details is prepared in the following format.
   Form 04.03 Management Details a. b. c. d. e. f.
   No. Manager Name NIK Position Date of Birth Education g.
   Term of Office

1. Start Date
2. End Date
   ........, date, month, year
   Board of Directors PT/Cooperative*) LKM
   ...........................................
   *) Strike out what is not necessary

2. Explanation of Form 04.03 Management Details
   Form 04.03 Management Details contains information on the board of directors and board of commissioners for LKMs with Limited Liability Company legal form or the equivalent for LKMs with Cooperative legal form as follows:
   a. No.
   This position is filled with the serial number. b. Manager Name This position is filled with the name of the board of directors or board of commissioners members for LKMs with Limited Liability Company legal form or the equivalent for LKMs with Cooperative legal form.
   c. NIK
   This position is filled with the manager's NIK as stated in the Identity Card (KTP). d. Position This position is filled with the manager's position. e. Date of Birth This position is filled with the manager's date of birth (day, month, and year). f. Education This position is filled with the manager's last education. g. Term of Office This position is filled with:

1. Start Date
   The date, month, and year the manager started serving.
2. End Date
   The date, month, and year the manager will finish serving.

IX. DETAIL LIST
A. Form 05.01 Fund Placement Detail List

1. Format of Form 05.01 Fund Placement Detail List
   Form 05.01 Fund Placement Detail List is prepared in the following format.
   Form 05.01 Fund Placement Detail List a. b. c. d. e. f.
   No. Account Number
   Institution Name
   Product
   Duration
   Nominal/Balance
   Start Date
   Maturity Date
2. Code for Form 05.01 Fund Placement Detail List
   Code Column a. No.
   Filled with the serial number. b. Account Number Filled with the account number as stated in the bank statement, savings book, deposit slip, deposit certificate, or on mobile/internet banking applications.
   c. Institution Name
   Filled with the name of the institution where the LKM places funds. d. Product
3. Savings in Bank
4. Current Account in Bank
5. Deposit
6. Deposit Certificate
7. Securities Issued by the Republic of Indonesia State and Bank Indonesia
8. Savings in Secondary Cooperatives
   e. Duration:

1. Start Date
2. Maturity Date
   f. Nominal Balance
   Filled with the nominal value or balance as stated in the bank statement, savings book, deposit slip, deposit certificate, or on mobile/internet banking applications at the reporting period date.

3. Explanation of Form 05.01 Fund Placement Detail List
   a. No
   This position is filled with the serial number. b. Account Number This position is filled with the account number as stated in the bank statement, savings book, deposit slip, deposit certificate, or on mobile/internet banking applications.
   c. Institution Name
   This position is filled with the name of the institution where the LKM places funds. d. Product This position is filled with the type of LKM fund placement product in the institution, which can be savings, current account, deposit, deposit certificate, securities issued by the Republic of Indonesia State and Bank Indonesia, and savings in secondary cooperatives. e. Duration This position is filled with the start date and maturity date of the LKM fund placement. For fund placement instruments that do not have a duration, the duration column can be left blank.

1. Start Date: This position is filled with the start date of the LKM fund placement.
2. Maturity Date: This position is filled with the maturity date of the LKM fund placement.
   f. Nominal/Balance
   This position is filled with the nominal value or balance as stated in the bank statement, savings book, deposit slip, deposit certificate, or on mobile/internet banking applications at the reporting period date.

B. Form 05.02 Loan Detail List

1. Format of Form 05.02 Loan Detail List
   Form 05.02 Loan Detail List is prepared in the following format.
   Form 05.02 Loan Detail List a. b. c. d. e. f. g. h. i.
   No.
   Borrower Name
   Borrower Type
   Borrower Identity Number
   Loan Usage Type
   Business Sector
   Payment Period
   Duration
   Interest Rate

Start
2)
Maturity
1)
Percentage (%)
2)
Notes j. k. l. m. n. o.
Loan Disbursement Value
Loan Balance
Arrears
Credit Quality
Collateral/Guarantee Type
Collateral/Guarantee Value

2. Code for Form 05.02 List of Detailed Loans Provided
   Column Code a. No.
   Filled with the serial number. b. Name of Borrower Filled with the name of the borrower receiving the loan facility.
   c. Type of Borrower
   Filled with the type of borrower receiving the loan facility.
3. Individual
4. Company

d. Borrower Identity Number

1. For individuals: the identity number is recorded as stated on the relevant ID card (KTP).
2. For companies/business entities, the identity number can use the Taxpayer Identification Number (NPWP), Business Identification Number (NIB) as stated on the sheet issued by the OSS institution, or a similar business license number issued by the competent authority for the relevant company.

e. Type of Use

1. Working Capital
2. Investment
3. Consumptive
4. Liquidity Assistance to Other MFIs

f. Business Sector

1. Crop Agriculture
2. Fisheries
3. Livestock
4. Retail Trade
5. Food and Beverage Provision
6. Education
7. Others

g. Payment Period

1. Daily
2. Weekly
3. Monthly
4. Selapanan (35-day cycle)
5. Seasonal
6. Annual

h.1. Start Date
Filled with the date, month, and year the loan started as stated in the agreement or contract.
2. Maturity Date
Filled with the date, month, and year the loan ends as stated in the agreement or contract.

i. Interest Rate

1. Percentage (%)
   Filled with the loan interest rate charged by the MFI to the borrower, expressed in percentage (%).
2. Description
   Filled with "per year".

j. Disbursement Value
Filled with the nominal amount of the loan that has been disbursed and received by the borrower.

k. Loan Balance
Filled with the remaining principal loan amount for each borrower on the reporting date.

l. Arrears

1. Filled with the duration of installment payment arrears in units of months for receivables with daily and weekly installment payment periods.
2. Filled with the frequency of installment arrears occurring, e.g., 1x, 2x, and so on, for receivables with monthly, selapanan, and seasonal payment periods.

m. Quality
Filled with the loan quality whose measurement parameters are regulated in Financial Services Authority regulations regarding the conduct of MFI business.

n. Type of Collateral/Credit Guarantee
Filled with the type of goods used as collateral or credit guarantee or credit insurance.

o. Value of Collateral/Credit Guarantee
Filled with the value of the guarantee/collateral, i.e., the value of each pledged item. Filled with the value that can be calculated as a reduction for loan write-off provisions as regulated in Financial Services Authority regulations regarding the conduct of MFI business.

3. Explanation of Form 05.02 List of Detailed Loans Provided
   a. No.
   This position is filled with the serial number.

b. Name of Borrower
This position is filled with the name of the borrower receiving the loan facility provided, which includes:

1. For individuals, the name is recorded as stated on the ID card (KTP).
2. For companies/corporations/foundations and other business entities, whether legal entities or non-legal entities, the name is recorded as stated in the establishment deed.

c. Type of Borrower
This position is filled with the type of borrower receiving the loan facility provided, which includes:

1. Individual, meaning the loan recipient is an individual/personal customer.
2. Company, meaning the loan recipient is a company, corporation, foundation, and other business entities, whether legal entities or non-legal entities.

d. Borrower Identity Number
This position is filled with:

1. For individuals: the identity number is recorded as stated on the relevant ID card (KTP).
2. For companies/business entities: the identity number can use the Taxpayer Identification Number (NPWP), Business Identification Number (NIB) as stated on the sheet issued by the Online Single Submission (OSS) institution, or a similar business license number issued by the competent authority for the relevant company/business entity.

e. Type of Use
This position is filled with the purpose of use of goods resulting from the fund provision transaction conducted by the MFI, which includes:

1. Working Capital
   Use of loans to meet expenditure needs that are consumed within one cycle of the customer's business activity. Examples include the purchase of raw materials such as fertilizer and seeds for agricultural businesses.
2. Investment
   Use of loans to meet needs for establishing new businesses, modernization, business expansion, business/investment activities, rehabilitation, or relocation of business/investment premises provided to customers. Examples include the purchase of land for agricultural businesses.
3. Consumptive
   Use of loans for consumptive purposes and not for business or productive activities.
4. Liquidity Assistance to Other MFIs
   Provision of loans to other MFIs to address liquidity difficulties.

f. Business Sector
This position is filled with the business sector operated by the customer, which includes:

1. Crop Agriculture
   This main group covers crop agriculture for food, plantations, and horticulture. This group covers the planting of crops lasting more than two planting seasons, whether crops that die each season or crops that grow continuously. It includes planting crops in various media and genetic plant cultivation, as well as planting for seedling and breeding purposes. This group also covers the planting of these crops in forest areas or locations.
2. Fisheries
   This main group covers the capture and cultivation of fish, crustaceans (such as shrimp, crabs), mollusks, and other aquatic biota in the sea, brackish water, and fresh water. It does not include recreational fishing.
3. Livestock
   This group covers the cultivation and breeding of livestock animals, poultry, insects, reptiles, worms, and pets. It includes the cultivation of animals for products such as wool, eggs, milk, honey, beeswax, and silkworm cocoons.
4. Retail Trade
   This group covers the retail sale of various products in one store, such as supermarkets or "department stores." It includes general stores selling various goods such as food, beverages or tobacco, ready-made clothing, furniture, cosmetics, jewelry, toys, sports equipment, and others.
5. Food and Beverage Provision
   This main group covers food and beverage service activities that provide food or beverages for immediate consumption, whether traditional restaurants, "self-service" restaurants, or "take away" restaurants, whether in permanent or temporary locations with or without seating. The term "food and beverage provision" refers to the provision of food and beverages for immediate consumption based on orders.
6. Education
   This main group covers basic education, secondary education, higher education, and other education. This main group also includes educational support services and early childhood education (preschool).
7. Others
   Business sectors outside the categories mentioned above.

g. Payment Period
This position is filled with the payment period, which includes:

1. Daily
   Installment payment period is set based on the number of days.
2. Weekly
   Installment payment period is set based on the number of weeks.
3. Monthly
   Installment payment period is set based on the number of months.
4. Selapanan
   Installment payment period is set based on the number of selapanan (35-day cycles).
5. Seasonal
   Installment payment period is set based on the number of seasons.
6. Annual
   Installment payment period is set based on the number of years.

h. Duration
This position is filled with the duration, which includes:

1. Start
   Start means the date, month, and year the loan started as stated in the agreement or contract.
2. Maturity Date
   Maturity Date means the date, month, and year the loan ends as stated in the agreement or contract.

i. Interest Rate
This position is filled with the interest rate, which includes:

1. Percentage (%)
   Percentage (%) means the loan interest rate charged by the MFI to the borrower, expressed in percentage (%).
2. Description
   Description means filled with "per year".

j. Disbursement Value
This position is filled with the nominal amount of the loan that has been disbursed and received by the borrower.

k. Loan Balance
This position is filled with the remaining principal loan amount for each borrower on the reporting date.

l. Arrears
This position is filled with arrears, which includes:

1. Filled with the duration of installment payment arrears in units of months for receivables with daily and weekly installment payment periods.
2. Filled with the frequency of installment arrears occurring, e.g., 1x, 2x, and so on, for receivables with monthly, selapanan, and seasonal payment periods.

m. Quality
This position is filled with the loan quality whose measurement parameters are regulated in Financial Services Authority regulations regarding the conduct of MFI business.

n. Type of Collateral/Credit Guarantee
This position is filled with the type of goods used as collateral or credit guarantee or credit insurance.

o. Value of Collateral/Credit Guarantee
This position is filled with the value of the guarantee/collateral, i.e., the value of each pledged item. Filled with the value that can be calculated as a reduction for loan write-off provisions as regulated in Financial Services Authority regulations regarding the conduct of MFI business.

C. Form 05.03 List of Detailed Deposits

1. Format of Form 05.03 List of Detailed Deposits
   Form 05.03 List of Detailed Deposits is arranged in the following format:

Form 05.03 List of Detailed Deposits a. No. b. Name of Depositor
c. Type of Customer
d. Customer Number/CIF e. Customer Identity Number f. Type of Product g. Amount h. Duration*
i. Interest Rate

1. Start
2. Maturity Date
3. MFI Percentage (%)
4. Customer Percentage (%)
5. Description

2. Code for Form 05.03 List of Detailed Deposits
   Column Code a. Number
   Filled with the serial number.

b. Name of Depositor
This position is filled with the name of the depositor customer.

1. For individuals, the name is recorded as stated on the ID card (KTP).
2. For companies/corporations/foundations and other business entities, whether legal entities or non-legal entities, the name is recorded as stated in the establishment deed.

c. Type of Customer
Filled with the type of customer placing the Deposit with the MFI.

1. Individual
2. Company

d. Customer Number/CIF
Filled with the customer number given by the MFI to the relevant customer, which is unique and distinguishes it from other customers. Filled with the CIF number if the MFI has a customer data information system. The customer number/CIF must be unique; 1 (one) customer number/CIF is used for 1 (one) customer.

e. Customer Identity Number

1. For individuals: the identity number is recorded as stated on the relevant ID card (KTP).
2. For companies/business entities, the identity number can use the Taxpayer Identification Number (NPWP), Business Identification Number (NIB) as stated on the sheet issued by the OSS institution, or a similar business license number issued by the competent authority for the relevant company.

f. Type of Product

1. Savings
2. Principal Deposit
3. Mandatory Deposit
4. Voluntary Deposit
5. Time Deposit (Deposito)
6. Other Deposits

g. Amount
This position is filled with the nominal value of the customer's savings or deposit balance.

h. Duration
Only filled for time deposit (Deposito) product types and filled with:

1. Start
   Start means the date, month, and year the time deposit started.
2. Maturity Date
   Maturity Date means the date, month, and year the time deposit ends.

i. Interest Rate
Filled with:

1. MFI Percentage (%)
   MFI Percentage (%) means the profit rate that is the MFI's share to the depositor, expressed in percentage (%).
2. Customer Percentage (%)
   Customer Percentage (%) means the profit rate that is the customer's share to the depositor, expressed in percentage (%).
3. Description
   Filled with the interest rate application period:

1. per day

2. per week

3. per month

4. per selapanan

5. per season

6. per year.

7. Explanation of Form 05.03 List of Detailed Deposits
   a. No.
   This position is filled with the serial number.

b. Name of Depositor
This position is filled with the name of the depositor customer.

1. For individuals, the name is recorded as stated on the ID card (KTP).
2. For companies/corporations/foundations and other business entities, whether legal entities or non-legal entities, the name is recorded as stated in the establishment deed.

c. Type of Customer
This position is filled with the type of depositor customer, which includes:

1. Individual, meaning the depositor is an individual/personal customer.
2. Company, meaning the depositor is a company, corporation, foundation, and other business entities, whether legal entities or non-legal entities.

d. Customer Number/CIF
This position is filled with the customer number given by the MFI to the relevant customer, which is unique and distinguishes it from other customers. Filled with the CIF number if the MFI has a customer data information system. The customer number/CIF must be unique; 1 (one) customer number/CIF is used for 1 (one) customer.

e. Customer Identity Number
This position is filled with:

1. For individuals, the identity number is recorded as stated on the relevant ID card (KTP).
2. For companies/business entities, the identity number can use the Taxpayer Identification Number (NPWP), Business Identification Number (NIB) as stated on the sheet issued by the OSS institution, or a similar business license number issued by the competent authority for the relevant company.

f. Type of Product
This position is filled with the type of deposit product, including savings, principal deposit, mandatory deposit, voluntary deposit, time deposit (Deposito), and other forms of deposits.

g. Amount
This position is filled with the nominal value of the customer's savings or deposit balance.

h. Duration
This position is only filled for time deposit (Deposito) product types and filled with:

1. Start
   Start means the date, month, and year the time deposit started.
2. Maturity Date
   Maturity Date means the date, month, and year the time deposit ends.

i. Interest Rate
This position is filled with:

1. MFI Percentage (%)
   MFI Percentage (%) means the profit rate that is the MFI's share to the depositor, expressed in percentage (%).
2. Customer Percentage (%)
   Customer Percentage (%) means the profit rate that is the customer's share to the depositor, expressed in percentage (%).
3. Description
   Description means the interest rate application period, e.g., per day, per week, per month, per selapanan, per season, per year.

D. Form 05.04 List of Detailed Loans Received

1. Format of Form 05.04 List of Detailed Loans Received
   Form 05.04 List of Detailed Loans Received is arranged in the following format.

Form 05.04 List of Detailed Loans Received a. No. b. Name of Lender
c. Type of Lender
d. Lender Identity Number e. Balance/Debit Balance f. Duration g. Interest Rate h. Collateral

1. Start
2. Maturity Date
3. Customer Percentage (%)
4. Funder Percentage (%)
5. Description

2. Code for Form 05.04 List of Detailed Loans Received
   Column Code a. Number
   Filled with the serial number.

b. Name of Lender
Filled with the name of the lender.

1. For individuals, the name is recorded as stated on the ID card (KTP).
2. For companies/corporations/foundations and others, the name is recorded as stated in the establishment deed.

c. Type of Lender
Filled with the type of lender.

1. Individual
2. Company

d. Lender Identity Number
Filled with:

1. For individuals, the identity number is recorded as stated on the relevant ID card (KTP).
2. For companies/business entities, the identity number can use the Taxpayer Identification Number (NPWP), Business Identification Number (NIB) as stated on the sheet issued by the OSS institution, or a similar business license number issued by the competent authority for the relevant company.

e. Balance/Debit Balance
Filled with the nominal value of the debt balance.

f. Duration
Filled with:

1. Start
   Start means the date, month, and year the loan was received as in the contract.
2. Maturity Date
   Maturity Date means the date, month, and year the repayment of the received loan is due as in the agreement/contract.

g. Interest Rate
Filled with:
a. MFI Percentage (%)
MFI Percentage (%) means the percentage of profit that is the MFI's share. b. Funder Percentage (%) Funder Percentage (%) means the percentage that is the funder's share.
c. Description
Description means filled with "per year".

h. Collateral
Filled with the type of collateral required in the provision of loans from the Lender, if any.

3. Explanation of Form 05.04 List of Detailed Loans Received
   a. No.
   This position is filled with the serial number.

b. Name of Lender
This position is filled with the name of the lender.

1. For individuals, the name is recorded as stated on the ID card (KTP).
2. For companies/corporations/foundations and others, the name is recorded as stated in the establishment deed.

c. Type of Lender
This position is filled with the type of lender, which includes:

1. Individual, meaning the lender is an individual/person.
2. Company, meaning the lender is a company, corporation, foundation, and other legal entities.

d. Lender Identity Number
This position is filled with:

1. For individuals, the identity number is recorded as stated on the relevant ID card (KTP).
2. For companies/business entities, the identity number can use the Taxpayer Identification Number (NPWP), Business Identification Number (NIB) as stated on the sheet issued by the OSS institution, or a similar business license number issued by the competent authority for the relevant company.

e. Balance/Debit Balance
This position is filled with the nominal value of the debt balance.

f. Duration
This position is filled with:

1. Start
   Start means the date, month, and year the loan was received as in the contract.
2. Maturity Date
   Maturity Date means the date, month, and year the repayment of the received loan is due as in the agreement/contract.

g. Interest Rate
This position is filled with:

1. MFI Percentage (%)
   MFI Percentage (%) means the percentage of profit that is the MFI's share.
2. Funder Percentage (%)
   Funder Percentage (%) means the percentage that is the funder's share.
3. Description
   Description means filled with "per year".

h. Collateral
This position is filled with the type of collateral required in the provision of loans from the Lender (if any), including:

1. Land/buildings;
2. Machinery;
3. Motor vehicles;
4. Securities; and
5. Other forms of collateral.

This copy is consistent with the original
Director of Legal Development
Legal Department signed
Aat Windradi

Determined in Jakarta,
On January 23, 2025
EXECUTIVE HEAD OF SUPERVISOR FOR
FINANCING INSTITUTIONS, VENTURE CAPITAL COMPANIES, MICROFINANCE INSTITUTIONS AND OTHER FINANCIAL SERVICE INSTITUTIONS FINANCIAL SERVICES AUTHORITY REPUBLIC OF INDONESIA, AGUSMAN signed

APPENDIX II
CIRCULAR LETTER OF THE FINANCIAL SERVICES AUTHORITY REPUBLIC OF INDONESIA NUMBER 1/SEOJK.06/2025 CONCERNING MICROFINANCE INSTITUTION FINANCIAL REPORTS

TABLE OF CONTENTS
TABLE OF CONTENTS................................................................................................. 2
I. BACKGROUND............................................................................... 4
II. PURPOSE AND OBJECTIVES ....................................................................... 4
III. CONTENT OF FINANCIAL REPORTS .................................................................... 4
IV. RECORDING BASIS .......................................................................... 5
V. OTHERS............................................................................................ 6
VI. FORM AND STRUCTURE OF MFI FINANCIAL REPORTS ........................ 6
A. Form 01.00 Statement of Financial Position............................................. 6

1. Format of Form 01.00 Statement of Financial Position......................... 6
2. Explanation of Form 01.00 Statement of Financial Position.................... 8
   B. Form 02.00 Statement of Profit or Loss .................................................... 32
3. Format of Form 02.00 Statement of Profit or Loss................................. 32
4. Explanation of Form 02.00 Statement of Profit or Loss............................ 35
   VII. MAXIMUM FINANCING YIELD REPORT .......................- 42 -
   Maximum Loan Interest Rate or Maximum Financing Yield Report Form.................................................................- 42 -
5. Format of Form 03.00 Maximum Financing Yield Report............................................................................- 42 -
6. Explanation of Form 03.00 Maximum Financing Yield Report............................................................................- 43 -
   VIII. MFI PROFILE................................................................................- 44 -
   A. Form 04.01 General Profile ..........................................................- 44 -
7. Format of Form 04.01 General Profile ......................................- 44 -
8. Explanation of Form 04.01 General Profile .................................- 45 -
   B. Form 04.02 Ownership Details..............................................- 46 -
9. Format of Form 04.02 Ownership Details ..........................- 46 -
10. Explanation of Form 04.02 Ownership Details.....................- 46 -
    C. Form 04.03 Management Details ..........................................- 47 -
11. Format of Form 04.03 Management Details.......................- 47 -
12. Explanation of Form 04.03 Management Details..................- 48 -
    IX. DETAILED LISTS ..........................................................................- 49 -
    A. Form 05.01 List of Detailed Fund Placements..........................- 49 -
13. Format of Form 05.01 List of Detailed Fund Placements ......- 49 -
14. Code for Form 05.01 List of Detailed Fund Placements.........- 49 -
15. Explanation of Form 05.01 List of Detailed Fund Placements .- 50 -
    B. Form 05.02 List of Detailed Receivables ..........................................- 51 -
16. Format of Form 05.02 List of Detailed Receivables.......................- 51 -
17. Code for Form 05.02 List of Detailed Receivables .........................- 52 -
18. Explanation of Form 05.02 List of Detailed Receivables..................- 53 -
    C. Form 05.03 List of Detailed Financing....................................- 57 -
19. Format of Form 05.03 List of Detailed Financing................- 57 -
20. Code for Form 05.03 List of Detailed Financing ..................- 58 -
21. Explanation of Form 05.03 List of Detailed Financing...........- 59 -
    D. Form 05.04 List of Detailed Deposits ......................................- 63 -
22. Format of Form 05.04 List of Detailed Deposits...................- 63 -
23. Code for Form 05.04 List of Detailed Deposits...........- 64 -
24. Explanation of Form 05.04 List of Detailed Deposits..............- 64 -
    E. Form 05.05 List of Detailed Received Funding ..............- 66 -
25. Format of Form 05.05 List of Detailed Received Funding..-
26. Code for Form 05.05 List of Detailed Received Funding- 67

3. Explanation of Form 05.05 List of Detailed Received Funding
   ..............................................................................................- 67 -

X. REPORT ON SOURCES AND DISTRIBUTION OF ZAKAT AND WAKAF FUNDS AND SOURCES AND DISTRIBUTION OF INFAK OR SEDEKAH FUNDS - 69 -

A. Form 06.01 Sources and Distribution of Zakat and Wakaf Funds....- 69 -

1. Format of Form 06.01 Sources and Distribution of Zakat and Wakaf Funds.....................................................................................- 69 -
2. Explanation of Form 06.01 Sources and Distribution of Zakat and Wakaf Funds.....................................................................................- 70 -
   B. Form 06.02 Sources and Distribution of Infak and Sedekah ............. .72
3. Format of Form 06.02 Sources and Distribution of Infak and Sedekah
   ..............................................................................................- 72 -
4. Explanation of Form 06.02 Sources and Distribution of Infak and Sedekah ..................................................................................... 73

GUIDELINES FOR PREPARING FINANCIAL REPORTS
OF MICROFINANCE INSTITUTIONS CONDUCTING BUSINESS ACTIVITIES BASED ON SHARIA PRINCIPLES

I. BACKGROUND
Microfinance Institutions conducting business activities based on Sharia Principles (Sharia Microfinance Institutions or LKMS) are institutions focused on serving low-income communities by providing micro-scale savings and financing services based on Sharia Principles. LKMS can also perform social functions by receiving social funds originating from zakat, infak, sedekah, and wakaf. Social funds in the form of zakat can only be distributed to zakat administration agencies or zakat management bodies in accordance with applicable regulations. Social funds in the form of wakaf can only be distributed to the Indonesian Wakaf Body or other nadzir in accordance with applicable regulations. Meanwhile, infak and sedekah can be distributed directly to mustahiq (eligible recipients) or administration agencies.

As entities that collect savings and distribute financing, LKMS have a public responsibility to provide adequate financial reports. These financial reports, in addition to being a form of accountability by LKMS management for the management activities carried out, also provide useful information on the financial position and profit or loss of LKMS that is understandable, relevant, reliable, and comparable for decision-making by interested parties.

II. PURPOSE AND OBJECTIVES
The Guidelines for Preparing Financial Reports of LKMS are intended to:

1. assist LKMS in preparing Financial Reports in accordance with the objectives of Financial Reports, namely providing useful information for decision-making and providing information regarding the economic resources owned by LKMS;
2. provide standard guidelines regarding the format and structure of LKMS Financial Reports; and
3. serve as a minimum reference that must be fulfilled by LKMS in preparing Financial Reports and reports on the management of social funds.

III. CONTENT OF FINANCIAL REPORTS
The Financial Reports of LKMS consist of:

1. Statement of Financial Position is a report that presents information about the assets, liabilities, and equity of LKMS. The format of the Statement of Financial Position is as set forth in Form 01.00 Statement of Financial Position.

2. Statement of Profit or Loss is a report that shows the difference in profit/loss obtained by LKMS, which is the difference between income and expenses, both operational and non-operational. The format of the Statement of Profit or Loss is as set forth in Form 02.00 Statement of Profit or Loss.

3. Maximum Financing Return Report is a report that shows the maximum financing return established by the Microfinance Institution in carrying out financing distribution activities to members or the public as set forth in Form 03.00 Maximum Financing Return Report.

4. Notes to the Financial Reports consisting of:
   a. LKMS Profile is a report containing data regarding the LKMS profile, including address, shareholder data, and management data. The LKMS Profile is filled out completely for the first time reporting and is only re-filled if there are changes to data previously reported, and is filled out only for changed data. The LKMS Profile consists of several forms, namely:

1. Form 04.01 General Profile
2. Form 04.02 Ownership Details
3. Form 04.03 Management Details
   b. Detail List is a detail of important accounts in the Financial Reports, consisting of:
4. Form 05.01 Detail List of Fund Placements
5. Form 05.02 Detail List of Receivables
6. Form 05.03 Detail List of Financing
7. Form 05.04 Detail List of Savings
8. Form 05.05 Detail List of Received Funding
   c. In the event that LKMS performs social functions, namely receiving and distributing social funds, LKMS is also required to submit:
9. Form 06.01 Sources and Distribution of Zakat and Wakaf Funds; and
10. Form 06.02 Sources and Distribution of Infak and Sedekah.

IV. ACCOUNTING BASIS

1. LKMS prepares Financial Reports using the accrual basis. Under the accrual basis, items are recognized as assets, liabilities, equity, income, and expenses when they meet the definition and recognition criteria for each of those items. However, the calculation of income for the purpose of profit distribution uses the cash basis.
2. LKMS preparing Financial Reports using the cash basis assumption must convert those Financial Reports to accrual by making adjustments at the end of the reporting period, at least for Financial Reports for periods ending on December 31. Adjustments are in principle special transaction journal entries for items requiring them and are only carried out at the end of the financial reporting period.
   Examples of items that require adjustment include:
   a. Expenses payable; b. Income receivable;
   c. Prepaid expenses;
   d. Income received in advance; e. Consumption/expense of inventory; and f. Depreciation of fixed assets. Adjustments are carried out by LKMS consistently throughout, provided there is no change in the basic assumption that causes adjustments to be unnecessary.

V. OTHERS

1. Illustrations of journals used in the explanation of financial position and profit or loss accounts are only examples that are not binding. LKMS can develop recording and bookkeeping methods in accordance with their respective systems as long as they provide results that are not different.
2. LKMS transactions listed in the journal illustrations used in the explanation of financial position and profit or loss accounts are prioritized for transactions that commonly occur in LKMS.

VI. FORMAT AND STRUCTURE OF LKMS FINANCIAL REPORTS
The Format and Structure of LKMS Financial Reports are as follows.

STATEMENT OF FINANCIAL POSITION AND STATEMENT OF PROFIT OR LOSS

A. Form 01.00 Statement of Financial Position

1. Format of Form 01.00 Statement of Financial Position
   Form 01.00 Statement of Financial Position is prepared in the following format.

Form 01.00
PT/COOPERATIVE *) LKMS ....................
LKMS CODE ..........
STATEMENT OF FINANCIAL POSITION
As of ....................

LKMS with the Legal Entity Form of Limited Liability Company or Legal Entity Form of Cooperative

No. Account Name Account Code Amount
A. Assets

1. Cash 1010 xxx
2. Fund Placements: 1020
   (1) Savings at Bank 1021 xxx
   (2) Current Account at Bank 1022 xxx
   (3) Time Deposits at Bank 1023 xxx
   (4) Bank Deposit Certificates 1024 xxx
   (5) Sharia Securities Issued by the Republic of Indonesia and Bank Indonesia 1025 xxx (6) Deposits at Secondary Cooperatives 1026 xxx
3. Receivables: 1030
   (1) Murabahah Receivables 1031 xxx
   (Deferred Murabahah Margin) 1032 (xxx)
   (2) Salam Receivables 1033 xxx
   (3) Istishna’ Receivables 1034 xxx
   (Deferred Istishna’ Margin) 1035 (xxx)
   (4) Multiservice Receivables 1036 xxx
   (Deferred Multiservice Ujrah) 1037 (xxx)
   (5) Qardh Receivables 1038 xxx
   (6) Other Receivables 1039 xxx
4. Profit-Sharing Financing 1040
   (1) Mudharabah Financing 1041 xxx
   (2) Musyarakah Financing 1042 xxx
   (3) Other Financing 1043 xxx
5. (Provision for Financing Write-off) 1050 (xxx)
6. Istishna’ Assets in Progress 1060 xxx
   (Istishna’ Termin) 1061 (xxx)
7. Ijarah Assets 1070 xxx
   (Accumulated Depreciation/Amortization of
   Ijarah Assets)
   1071 (xxx)
8. Inventory 1080 xxx
9. Fixed Assets and Inventories 1090 xxx
   (Accumulated Depreciation) 1091 (xxx)
10. Intangible Assets 1100 xxx
    (Accumulated Amortization) 1101 (xxx)
11. Other Assets 1110 xxx
    Total Assets 1000 xxx

B. Liabilities

1. Payables Due Immediately 2010 xxx
2. Wadiah Savings 2020 xxx
3. Salam Payables 2030 xxx
4. Istishna’ Payables 2040 xxx
5. Received Funding 2050 xxx
6. Other Liabilities 2060 xxx
   Total Liabilities 2000 xxx

C. Temporary Partnership Funds

1. Mudharabah 3010
   (1) Less than One Year 3011 xxx
   (2) At Least One Year 3012 xxx
2. Musyarakah 3020
   a) Less than One Year 3021 xxx b) At Least One Year 3022 xxx Total Temporary Partnership Funds 3000 xxx

Continuation of Statement of Financial Position for LKMS with the Legal Entity Form of Limited Liability Company

No. Account Name Account Code Amount
D. Equity
Limited Liability Company:

1. Capital 4010
   (1) Paid-in Capital 4011 xxx
   (2) Additional Paid-in Capital 4012 xxx
2. Donations 4020 xxx
3. Reserves 4030
   (1) General Reserve 4031 xxx
   (2) Specific Reserve 4032 xxx
4. Profit/(Loss) Balance 4040
   (1) Beginning Profit/(Loss) Balance 4041 xxx
   (2) Current Year Profit/(Loss) 4042 xxx
   Total Equity 4000 xxx

Total Liabilities, Temporary Partnership Funds, and Equity 4999 xxx

Continuation of Statement of Financial Position for LKMS with the Legal Entity Form of Cooperative

No. Account Name Account Code Amount
D. Equity
Cooperative:

1. Capital 4010
   (1) Principal Savings 4011 xxx
   (2) Mandatory Savings 4012 xxx
2. Donations 4020 xxx
3. Reserves 4030 xxx
4. Profit/(Loss) Balance 4040 xxx
   (1) Beginning Profit/(Loss) Balance 4041 xxx
   (2) Current Year Business Result Share 4042 xxx Total Equity 4000 xxx

Total Liabilities, Temporary Partnership Funds, and Equity 4999 xxx

2. Explanation of Form 01.00 Statement of Financial Position
   LKMS with the Legal Entity Form of Limited Liability Company or Legal Entity Form of Cooperative

A. Assets
Assets are wealth owned and managed by LKMS to carry out business operations.

1. Cash (1010)
   a. Explanation
   Cash is paper and metal currency in rupiah that is still valid as a legal means of payment. b. Recognition and Measurement Cash transactions are recognized at nominal value.
   c. Illustrative Journal for Main Transactions
   (1) Receipt of Wadiah savings:
   Dr. Cash
   Cr. Wadiah Savings
   (2) Withdrawal of Wadiah savings:
   Dr. Wadiah Savings
   Cr. Cash

2. Fund Placements (1020)
   a. Explanation
   Fund Placements are LKMS deposits at banks detailed as follows:
   (1) Savings at Bank (1021)
   Savings at Bank is an LKMS savings account at a bank aimed at supporting operational activity smoothness. Withdrawal of savings can be done at any time according to specific agreed terms. The account must be detailed in Form 04.01 Detail List of Fund Placements.

(2) Current Account at Bank (1022)
Current Account at Bank is an LKMS current account at a bank aimed at supporting operational activity smoothness. Withdrawal of current accounts can be done at any time using checks, giro slips, other payment order instruments, or through book transfers. The account must be detailed in Form 04.01 Detail List of Fund Placements.

(3) Time Deposits at Bank (1023)
Time Deposits at Bank are LKMS deposits at banks that can only be withdrawn at specific times according to agreements between LKMS and the respective bank. The account must be detailed in Form 04.01 Detail List of Fund Placements.

(4) Bank Deposit Certificates (1024)
Bank Deposit Certificates are LKMS deposits in the form of deposit certificates where the proof of deposit certificate can be transferred (bearer). The account must be detailed in Form 04.01 Detail List of Fund Placements.

(5) Sharia Securities Issued by the Republic of Indonesia and Bank Indonesia (1025) Sharia Securities Issued by the Republic of Indonesia are securities issued by the Government of the Republic of Indonesia, including state debt securities as referred to in Law Number 24 of 2002 concerning State Debt Securities as amended by Law Number 4 of 2023 concerning the Development and Strengthening of the Financial Sector, and state Sharia securities as referred to in Law Number 19 of 2008 concerning State Sharia Securities. This account must be detailed in Form 04.01 Detail List of Fund Placements.

(6) Deposits at Secondary Cooperatives (1026)
Deposits at Secondary Cooperatives are deposits placed by LKMS with the legal entity form of a Cooperative to its Secondary Cooperative. This account must be detailed in Form 04.01 Detail List of Fund Placements.

b. Recognition and Measurement
(1) Savings at Bank (1021)
Savings are recognized at nominal value. Receipt of bonuses and/or profit sharing from banks is recognized upon receipt at nominal value in the Other Operational Income account and is also recorded as an increase in the nominal value of savings. Meanwhile, interest income from conventional banks is recognized as receipt of infak and sedekah funds.

(2) Current Account at Bank (1022)
Current accounts are recognized at nominal value.
Receipt of bonuses from banks is recognized upon receipt at nominal value in the Other Operational Income account and is also recorded as an increase in the nominal value of current accounts. Interest income from conventional banks is recognized as receipt of infak and sedekah funds.

(3) Time Deposits at Bank (1023)
Time deposits are recognized at nominal value.
Interest or profit sharing income from time deposits is recognized and recorded on a cash basis, namely when interest or profit sharing is paid by the bank to LKMS at the nominal value received.

(4) Bank Deposit Certificates (1024)
Deposit certificates are recognized at acquisition value (nominal value minus discount value), with notes regarding deposit certificates at maturity. At maturity, the discount value obtained is recognized as receipt of infak and sedekah funds. If there is a transfer of deposit certificates before maturity, LKMS recognizes the gain from the transfer of deposit certificates as receipt of infak and sedekah funds, while losses are recognized as Other Operational Expenses.

(5) Sharia Securities Issued by the Republic of Indonesia and Bank Indonesia (1025) Sharia Securities Issued by the Republic of Indonesia and Bank Indonesia are recognized at acquisition value (nominal value minus discount value). If there is a transfer of state Sharia securities before maturity, LKMS recognizes the gain from the transfer of state Sharia securities as Other Operational Income, while losses are recognized as Other Operational Expenses.

(6) Deposits at Secondary Cooperatives (1026)
Deposits at Secondary Cooperatives are recognized at nominal value.
Income from deposit returns is recognized and recorded on a cash basis, namely when returns are paid by the Secondary Cooperative to LKMS at the nominal value received.

c. Illustrative Journal for Main Transactions
(1) Savings at Bank (1021)
(a) Booking savings:
Dr. Fund Placements-Savings at Bank
Cr. Cash
(b) Withdrawal of savings:
Dr. Cash
Cr. Fund Placements-Savings at Bank
(c) Recognition of bonus or profit sharing income:
i. From Sharia banks
Dr. Fund Placements-Savings at Bank
Cr. Other Operational Income
ii. From conventional banks
Dr. Fund Placements-Savings at Bank
Cr. Non-Halal Income
iii. To distribute Non-Halal Income (infak or sedekah funds):
Dr. Non-Halal Income
Cr. Cash

(2) Current Account at Bank (1022)
(a) Booking current accounts:
Dr. Fund Placements-Current Account at Bank
Cr. Cash
(b) Withdrawal of current accounts:
Dr. Cash
Cr. Fund Placements-Current Account at Bank
(c) Recognition of bonus income:
i. From Sharia Banks
Dr. Fund Placements-Current Account at Bank
Cr. Other Operational Income
ii. From Conventional Banks
Dr. Fund Placements-Current Account at Bank
Cr. Non-Halal Income
(Note: The Non-Halal Income account is contained in Form 06.02 Sources and Distribution of Infak and Sedekah Appendix IV which is an integral part of this Financial Services Authority Regulation)
iii. To distribute Non-Halal Income (infak or sedekah funds):
Dr. Non-Halal Income
Cr. Cash

(3) Time Deposits at Bank (1023)
(a) Booking time deposits:
Dr. Fund Placements-Time Deposits at Bank
Cr. Cash
(b) Recognition of profit sharing income:
Dr. Cash
Cr. Other Operational Income
(c) Withdrawal of deposits at maturity:
i. From Sharia banks
Dr. Cash
Cr. Fund Placements-Time Deposits at Bank
Cr. Other Operational Income
ii. From conventional banks
Dr. Cash
Cr. Fund Placements-Time Deposits at Bank
Cr. Non-Halal Income
iii. To distribute Non-Halal Income (infak or sedekah funds):
Dr. Non-Halal Income
Cr. Cash

(4) Bank Deposit Certificates (1024)
(a) Acquisition of deposit certificates:
Dr. Fund Placements-Bank Deposit Certificates
Cr. Cash
(b) Cash-out of deposit certificates at maturity:
i. From conventional banks
Dr. Cash
Cr. Non-Halal Income
ii. To distribute Non-Halal Income (infak or sedekah funds):
Dr. Non-Halal Income
Cr. Cash
(c) Transfer of deposit certificates before maturity:
i. If there is a difference/gain:
Dr. Cash
Cr. Fund Placements –
Bank Deposit Certificates
ii. To distribute Non-Halal Income (infak or sedekah funds):
Dr. Non-Halal Income
Cr. Cash
iii. If there is a difference/loss:
Dr. Cash
Dr. Other Operational Expenses
Cr. Fund Placements –
Bank Deposit Certificates

(5) Sharia Securities Issued by the Republic of Indonesia and Bank Indonesia (a) Acquisition of securities issued by the Republic of Indonesia and Bank Indonesia:
Dr. Fund Placements – Sharia securities issued by the Republic of Indonesia and Bank Indonesia Cr. Cash (b) Cash-out of securities issued by the Republic of Indonesia and Bank Indonesia at maturity:
Dr. Cash
Cr. Fund Placements – Sharia securities issued by the Republic of Indonesia and Bank Indonesia Cr. Return Income (c) Transfer of securities issued by the Republic of Indonesia and Bank Indonesia before maturity:
(1) If there is a difference/gain:
Dr. Cash
Cr. Fund Placements – Sharia securities issued by the Republic of Indonesia and Bank Indonesia Cr. Other Operational Income (2) If there is a difference/loss:
Dr. Cash
Dr. Other Operational Expenses
Cr. Fund Placements – Sharia securities issued by the Republic of Indonesia and Bank Indonesia

(6) Deposits at Secondary Cooperatives
(a) Booking Deposits:
Dr. Fund Placements-Deposits at Secondary Cooperatives Cr. Cash (b) Withdrawal of Deposits:
Dr. Cash
Cr. Fund Placements-Deposits at Secondary Cooperatives (c) Recognition of interest/return income:
Dr. Fund Placements–Deposits at Secondary Cooperatives Cr. Interest/Return Income

3. Receivables (1030)
   a. Explanation
   Receivables consist of:
   (1) Murabahah Receivables (1031)
   Murabahah Receivables are LKMS claims against customers in Murabahah transactions.
   The account must be detailed in Form 04.02 Detail List of Receivables.

Deferred Murabahah Margin (1032)
Deferred Murabahah Margin is the balance of Murabahah margin that has not yet been recognized as income on the report date. The account must be detailed in Form 04.02 Detail List of Receivables.

(2) Salam Receivables (1033)
Salam Receivables are LKMS claims against suppliers in Salam transactions.
The account must be detailed in Form 04.02 Detail List of Receivables.

(3) Istishna’ Receivables (1034)
Istishna’ Receivables are LKMS claims against customers in Istishna’ transactions.
The account must be detailed in Form 04.02 Detail List of Receivables.

Deferred Istishna’ Margin (1035)
Deferred Istishna’ Margin is the balance of Istishna’ margin that has not yet been recognized as income on the report date. The account must be detailed in Form 04.02 Detail List of Receivables.

(4) Multiservice Receivables (1036)
Multiservice Receivables are all LKMS receivables against third parties in multiservice transactions equal to the balance of claims in the form of principal and deferred income on the report date. The account must be detailed in Form 04.02 Detail List of Receivables.

Deferred Multiservice Ujrah (1037)
Deferred Multiservice Ujrah is the balance of multiservice transaction Ujrah that has not yet been recognized as income on the report date.

(5) Qardh Receivables (1038)
Qardh Receivables are all receivables with qardh contracts with third parties.
The account must be detailed in Form 04.02 Detail List of Receivables.

(6) Other Receivables (1039)
Other receivables are receivables using contracts other than those in items 1), 2), 3), 4), and 5). The account must be detailed in Form 04.02 Detail List of Receivables.

b. Recognition and Measurement
(1) Murabahah Receivables (1031)
Murabahah Receivables are recognized and recorded at the balance of claims (debit balance) in the form of principal and deferred margin on the report date.

Deferred Murabahah Margin (1032)
Deferred Murabahah Margin is recognized and recorded at the value of margin that has not yet been recognized as income on the reporting date.

(2) Salam Receivables (1033)
Salam Receivables are recognized and recorded at the balance of the value of goods delivery on the report date.

(3) Istishna’ Receivables (1034)
Istishna’ Receivables are recognized and recorded at the balance of claims (debit balance) in the form of principal and deferred margin on the report date.

Deferred Istishna’ Margin (1035)
Deferred Istishna’ Margin is recognized and recorded at the value of margin that has not yet been recognized as income on the reporting date.

(4) Multiservice Receivables (1036)
Multiservice Receivables are recognized and recorded at the balance of claims (debit balance) in the form of principal and deferred margin/ujrah on the report date.

Deferred Multiservice Ujrah (1037)
Deferred Multiservice Ujrah is recognized and recorded at the value of Ujrah that has not yet been recognized as income on the reporting date.

(5) Qardh Receivables (1038)
Qardh Financing is recognized and recorded at the balance of financing on the report date.

(6) Other Receivables (1039)
Other receivables are recognized and recorded at the balance of receivables on the report date.

c. Illustrative Journal for Main Transactions
(1) Acquisition of Murabahah assets:
Dr. Inventory-Murabahah
Cr. Cash
(2) Sale of Murabahah assets to customers with installments:
Dr. Murabahah Receivables
Cr. Deferred Murabahah Margin
Cr. Inventory-Murabahah
(3) Upon receipt of installments from customers for Murabahah transactions:
Dr. Cash
Cr. Murabahah Receivables
Dr. Deferred Murabahah Margin
Cr. Murabahah Margin Income
(4) When LKMS hands over money to suppliers for Salam transactions:
Dr. Salam Receivables
Cr. Cash
(5) When LKMS receives goods from suppliers for Salam transactions:
Dr. Inventory-Salam
Cr. Salam Receivables
(6) Billing of termin for partial delivery of goods to customers for Istishna’ transactions:
Dr. Istishna’ Receivables
Cr. Deferred Istishna’ Margin
Cr. Istishna’ Termin

(7) Payment by customers for istishna' bills:
Dr. Cash
Cr. Istishna' Receivables
Dr. Deferred Istishna' Margin
Cr. Istishna' Revenue

(8) Delivery of part or all of the istishna' ordered goods:
Dr. Istishna' Installments
Cr. Istishna' Assets in Progress

(9) At the time of payment to the service provider and the emergence of Multi-service Receivables bills to third parties (musta'jir):
Dr. Multi-service Receivables
Cr. Cash
Cr. Deferred Multi-service Ujrah

(10) At the time of receiving installments from customers for Multi-service Receivables:
Dr. Cash
Cr. Multi-service Receivables
Dr. Deferred Multi-service Ujrah
Cr. Ijarah Revenue

(11) At the time of granting Qardh Financing to third parties:
Dr. Qardh Receivables
Cr. Cash

(12) At the time of receiving settlement of Qardh Financing:
Dr. Cash
Cr. Qardh Receivables

(13) At the time of granting Other Receivables to third parties:
Dr. Other Receivables
Cr. Cash

(14) At the time of receiving principal installment payments/settlement of Other Receivables:
Dr. Cash
Cr. Other Receivables
Cr. Other Operational Revenue

4. Profit-Sharing Financing (1040)
   a. Explanation
   Profit-Sharing Financing consists of:
   (1) Mudharabah Financing (1041)
   Mudharabah Financing is all financing with a mudharabah contract with third parties.
   Accounts must be detailed in Form 04.03 List of Profit-Sharing Financing Details.

(2) Musyarakah Financing (1042)
Musyarakah Financing is all financing with a musyarakah contract with third parties.
Accounts must be detailed in Form 04.03 List of Profit-Sharing Financing Details.

(3) Other Financing (1043)
Other Financing is financing based on profit-sharing principles using contracts other than mudharabah and musyarakah. Accounts must be detailed in Form 04.03 List of Profit-Sharing Financing Details.

b. Recognition and Measurement
(1) Mudharabah Financing (1041)
Mudharabah Financing is recognized and recorded at the financing balance on the reporting date.

(2) Musyarakah Financing (1042)
Musyarakah Financing is recognized and recorded at the financing balance on the reporting date.

(3) Other Financing (1043)
Other Financing is recognized and recorded at the financing balance on the reporting date.

c. Journal Illustrations for Primary Transactions
(1) At the time of granting Mudharabah Financing to third parties:
Dr. Mudharabah Financing
Cr. Cash

(2) At the time of receiving principal installment payments/settlement of Mudharabah Financing:
Dr. Cash
Cr. Mudharabah Financing
Cr. Mudharabah Profit-Sharing Revenue

(3) At the time of granting Musyarakah Financing to third parties:
Dr. Musyarakah Financing
Cr. Cash

(4) At the time of receiving principal installment payments/settlement of Musyarakah Financing:
Dr. Cash
Cr. Musyarakah Financing
Cr. Musyarakah Profit-Sharing Revenue

(5) At the time of granting Other Financing to third parties:
Dr. Other Financing
Cr. Cash

(6) At the time of receiving principal installment payments/settlement of Other Financing:
Dr. Cash
Cr. Other Financing
Cr. Other Operational Revenue

5. Loan Loss Provisions (1050)
   a. Explanation
   Loan Loss Provisions are provisions that must be formed to cover potential risk losses arising from the inability to recover part or all of the fund disbursements, whether receivables or financing (Murabahah Receivables, Salam Receivables, Istishna' Receivables, Multi-service Receivables, Qardh Receivables, Other Receivables, Mudharabah Financing, Musyarakah Financing, and Other Financing).

In the event of an increase in provisions, the provisions must be charged to the LKMS income statement before using reserves to cover losses.

b. Recognition and Measurement
Recognition of loan loss provisions is based on the classification of financing quality as regulated in the Financial Services Authority Regulation regarding the conduct of LKM business.

c. Journal Illustrations for Primary Transactions
(1) Formation of loan/financing loss provisions Dr. Loan Loss Provision Expense Cr. Loan Loss Provisions

(2) When financing is claimed uncollectible
Dr. Loan Loss Provisions
Cr. Financing Given

(3) Recovery of loan loss provisions
Dr. Cash
Cr. Loan Loss Provisions
Dr. Loan Loss Provisions
Cr. Other Operational Revenue

6. Istishna' Assets in Progress (1060)
   a. Explanation
   Istishna' Assets in Progress are all costs incurred by LKMS in ordering goods with an istishna' contract, including the amount of revenue recognition billed to customers according to the percentage of completion.

Istishna' Installments (1061)
Istishna' Installments are LKMS bills to customers for part of the ordered goods that have been delivered, equal to the percentage of the cost price that has been completed.

b. Recognition and Measurement
Istishna' Assets in Progress are recognized and recorded as the acquisition cost of istishna' goods at the time of receiving bills from suppliers equal to the bill amount.

Istishna' Installments (1061)
Istishna' Installments are recognized and recorded at the percentage of the cost price for part of the goods that have been completed.

c. Journal Illustrations for Primary Transactions
(1) At the time of receiving bills from suppliers:
Dr. Istishna' Assets in Progress
Cr. Istishna' Payables

(2) Billing installments to customers:
Dr. Istishna' Receivables
Cr. Deferred Istishna' Margin
Cr. Istishna' Installments

(3) At the time of paying bills to suppliers:
Dr. Istishna' Payables
Cr. Cash

(4) Billing installments to customers:
Dr. Istishna' Receivables
Cr. Deferred Istishna' Margin
Cr. Istishna' Installments

7. Ijarah Assets (1070)
   a. Explanation
   (1) Ijarah Assets are assets (a'yan), both tangible and intangible, whose benefits are leased. (2) Ijarah is a lease contract between the lessor (mu'jir) and the lessee (musta'jir) to exchange benefits and ujrah. (3) Ijarah over assets is ijarah over the benefits of ijarah assets. (4) Ijarah Muntahiyah Bittamlik is an ijarah contract over the benefits of ijarah assets accompanied by a wa'd (promise) to transfer ownership of the ijarah asset to the musta'jir after the contract ends or is completed. (5) Mu'jir is the party that leases the ijarah asset. (6) Musta'jir is the party that leases (lessee/beneficiary of goods) in the ijarah contract over assets. (7) Wa'ad is a promise from one party to another to perform something.

Accumulated Depreciation/Amortization of Ijarah Assets (1071) Accumulated Depreciation/Amortization of Ijarah Assets is the accumulation of annual depreciation/amortization from the systematic allocation of depreciable amounts from Ijarah Assets over their useful life. The useful life of Ijarah Assets in Ijarah Muntahiyah Bittamlik corresponds to the duration of the ijarah contract.

b. Recognition and Measurement
Ijarah assets are recognized and recorded at acquisition cost.

Accumulated Depreciation/Amortization of Ijarah Assets (1071) Depreciation/amortization of Ijarah Assets can be carried out using the straight-line method or the declining balance method without considering residual value (salvage value). This depreciation/amortization is performed at least for the financial position report as of December 31.

The amount of annual depreciation/amortization using the straight-line method is calculated as follows:
Acquisition Cost
Useful Life (in years)

The useful life and depreciation/amortization rates may refer to applicable tax regulations.

c. Journal Illustrations for Primary Transactions
(1) At the time of charging maintenance and repair expenses for ijarah assets:
Dr. Other Operational Expenses
Cr. Cash

(2) At the time of receiving payment for compensation for ijarah assets:
Dr. Cash
Cr. Ijarah Revenue
(note: for the purpose of calculating the profit-sharing distribution base, the distributed revenue is the rental income minus depreciation and repair expenses)

(3) At the end of the contract and the transfer of ownership of the ijarah asset that is the subject of the lease:
Dr. Cash
Dr. Accumulated Depreciation/Amortization of Ijarah Assets Cr. Ijarah Assets Cr./Dr. Non-Operational Revenue/Expense

(4) Depreciation/amortization of Ijarah Assets:
Dr. Depreciation Expense/Amortization Expense
Cr. Accumulated Depreciation/Amortization of Ijarah Assets

8. Inventory (1080)
   a. Explanation
   Inventory is all assets obtained with the intention of resale using murabahah and salam contracts, and assets that are finished/available but have not yet been delivered by LKMS to customers.

b. Recognition and Measurement
Inventory is recognized and recorded at acquisition value at the time the goods are obtained.

c. Journal Illustrations for Primary Transactions
(1) At the time of obtaining inventory goods:
Dr. Inventory
Cr. Cash/Istishna' Payables/Salam Receivables/Other Liabilities

(2) At the time of sale:
Dr. Cash/Salam Payables/Murabahah Receivables
Cr. Inventory

9. Fixed Assets and Inventories (1090)
   a. Explanation
   Fixed Assets and Inventories (ATI) are tangible assets owned for use in providing services or administrative purposes, and are used for more than one year. ATI includes:

1. Land
2. Buildings
3. Inventories (equipment, supplies, and vehicles)

Accumulated Depreciation (1091)
Accumulated Depreciation is the accumulation of annual depreciation from the systematic allocation of depreciable amounts from inventory, as well as Fixed Assets (except land) and Inventories over their useful life.

b. Recognition and Measurement
ATI is recognized and recorded at acquisition value. Acquisition value can be the purchase price including the purchase price and costs incurred directly to bring the asset to the location and ready for use.

Accumulated Depreciation (1091)
Depreciation of Inventory as well as Fixed Assets (except land) and Inventories can be carried out using the straight-line method or the declining balance method without considering residual value (salvage value). This depreciation is performed at least for the financial position report as of December 31.

The amount of annual depreciation using the straight-line method is calculated as follows:
Acquisition Cost
Useful Life (in years)

The useful life and depreciation rates may refer to applicable tax regulations.

c. Journal Illustrations for Primary Transactions
(1) At the time of obtaining ATI:
Dr. Fixed Assets and Inventories (ATI)
Cr. Cash

(2) At the time of derecognition of ATI:
Dr. Cash
Dr. Accumulated Depreciation
Cr. Fixed Assets and Inventories (ATI)
Cr/Dr. Non-Operational Revenue/Expense

(3) Depreciation of Inventory, Ijarah Assets, and Fixed Assets (except land) and Inventories:
Dr. Depreciation Expense
Cr. Accumulated Depreciation of Fixed Assets and Inventories

10. Intangible Assets (1100)
    a. Explanation
    Intangible assets are non-monetary assets owned by LKMS that are identifiable, have no physical form, and are used for operations, including business application programs in the form of software obtained from external parties.

Accumulated Amortization (1101)
Accumulated Amortization is the accumulation of annual amortization from the systematic allocation of amortizable amounts from Intangible Assets over their useful life.

b. Recognition and Measurement
Intangible assets are recognized at acquisition cost. The acquisition cost of intangible assets obtained separately includes the purchase price and costs that can be directly attributed to making them ready for use.

Accumulated Amortization (1101)
Amortization of Intangible Assets can be carried out using the straight-line method or the declining balance method without considering residual value (salvage value). This amortization is performed at least for the financial position report as of December 31.

The amount of annual amortization using the straight-line method is calculated as follows:
Acquisition Cost
Useful Life (in years)

The useful life and amortization rates may refer to applicable tax regulations.

c. Journal Illustrations for Primary Transactions
(1) At the time of acquisition:
Dr. Intangible Assets
Cr. Cash

(2) At the time of derecognition:
Dr. Cash (if any)
Dr. Accumulated Amortization
Cr. Intangible Assets
Cr/Dr. Non-Operational Revenue/Expense

(3) Amortization of intangible assets:
Dr. Amortization Expense
Cr. Accumulated Amortization

11. Other Assets (1110)
    Other Assets are other assets that cannot be classified into any of the account numbers 1 to 10 above.

B. Liabilities
Liabilities are the current debts of LKMS arising from past events and their settlement is expected to result in an outflow of resources embodying economic benefits owned by LKMS.

1. Payables Due Immediately (2010)
   a. Explanation
   Payables Due Immediately are obligations that have matured and/or can be collected immediately by their owners and must be paid immediately, including funding received and must be paid within less than 1 (one) year and tax liabilities.

Examples of Payables Due Immediately include:
(1) Savings in the form of closed account balances and matured deposits that have not yet been withdrawn by their owners, (2) Financing received that has matured but has not yet been paid. (3) Excess proceeds from the sale of collateral that are the rights of the debtor. (4) Surplus results that are the members' share according to the members' meeting decision and have not yet been distributed. (5) Dividends that have been determined but not yet paid. (6) Customer trust funds used in the context of transaction liquidity (e.g., for payment or purchase of goods and/or services). (7) Tax liabilities, namely:
(a) income tax on bonuses/profit-sharing for savings and depositors that have been withheld and not yet paid to the state in accordance with statutory regulations; (b) corporate income tax payable in accordance with statutory regulations; (c) employee income tax in accordance with statutory regulations; and (d) other tax liabilities.

b. Recognition and Measurement
Payables due immediately are recognized and recorded at nominal value at the time the obligation arises. Tax calculations are adjusted to applicable tax regulations.

c. Journal Illustrations for Primary Transactions
(1) At the time of matured deposits not yet withdrawn by depositors:
Dr. Mudharabah Deposits
Dr. Third Parties' Rights to Profit-Sharing
Cr. Payables Due Immediately

(2) At the time of matured deposits above being withdrawn by depositors:
Dr. Payables Due Immediately
Cr. Cash

(3) At the time of funding that has matured but has not yet been paid:
Dr. Funding Received
Cr. Payables Due Immediately

(4) At the time of funding settlement:
Dr. Payables Due Immediately
Dr. Third Parties' Rights to Profit-Sharing
Cr. Cash

(5) Provision for members' share of surplus results:
Dr. Current Year Profit/Loss Balance
Cr. Payables Due Immediately

(6) At the time of recording corporate income tax payable:
Dr. Corporate Income Tax Estimate
Cr. Payables Due Immediately

(7) At the time of recording income tax liability on savings and deposit interest:
Dr. Wadiah Savings/Mudharabah Savings/Mudharabah Deposits Cr. Payables Due Immediately

(8) At the time of paying salaries and recording employee income tax liabilities in accordance with statutory regulations:
Dr. Labor Expenses
Cr. Cash
Cr. Payables Due Immediately

(9) At the time of recording other tax liabilities:
Dr. Other Operational Expenses
Cr. Payables Due Immediately

2. Wadiah Savings (2020)
   a. Explanation
   Wadiah Savings are third-party savings based on the wadiah principle.
   Accounts must be detailed in Form 04.04 List of Savings Details.

b. Recognition and Measurement
Wadiah savings are recognized and recorded at nominal value at the time cash is received from customers. Bonus given on savings to customers is recognized as Wadiah Bonus Expense at the time it is given.

c. Journal Illustrations for Primary Transactions
(1) At the time of receiving wadiah savings:
Dr. Cash
Cr. Wadiah Savings

(2) At the time of withdrawing wadiah savings:
Dr. Wadiah Savings
Cr. Cash

(3) Payment of wadiah savings bonus:
Dr. Wadiah Bonus Expense
Cr. Wadiah Savings
Cr. Payables Due Immediately
(tax trust)

3. Salam Payables (2030)
   a. Explanation
   Salam Payables are LKMS obligations that must be settled in the form of delivery of goods (not payment in cash) at a later date to customers. Salam payables arise because customers have paid for the salam assets ordered at the beginning of the contract.

b. Recognition and Measurement
Salam payables are recognized and recorded at the cash received by LKMS at the time of receiving money from customers. The amount corresponds to the value of the salam assets agreed upon between LKMS and customers.

c. Journal Illustrations for Primary Transactions
(1) At the time LKMS receives money from customers for salam transactions:
Dr. Cash
Cr. Salam Payables

(2) At the time LKMS delivers goods to customers for salam transactions:
Dr. Salam Payables
Cr. Salam Inventory
Cr. Salam Revenue

4. Istishna' Payables (2040)
   a. Explanation
   Istishna' Payables are all obligations to suppliers.

b. Recognition and Measurement
Istishna' Payables are recognized and recorded at the bill value at the time bills are received from suppliers.

c. Journal Illustrations for Primary Transactions
(1) At the time LKMS receives bills from suppliers for Istishna' transactions:
Dr. Istishna' Assets in Progress
Cr. Istishna' Payables

(2) At the time of making payments to suppliers for Istishna' transactions:
Dr. Istishna' Payables
Cr. Cash

5. Funding Received (2050)
   a. Explanation
   Funding Received is all forms of funding received by LKMS from third parties, with an obligation to repay in a period of more than 1 (one) year and not included in Payables Due Immediately. Included in this account are funding with contracts other than mudharabah and musyarakah contracts, such as qardh contracts or other contracts that do not contradict sharia principles and are approved by the Financial Services Authority. Accounts must be detailed in Form 04.05 List of Details of Funding Received.

b. Recognition and Measurement
Funding received is recognized and recorded at the amount of money received by LKMS at the time of fund receipt. Recognition and recording of installment payments are made when paid in cash.

c. Journal Illustrations for Primary Transactions
Funding received with qardh contracts
(1) At the time of receiving funding:
Dr. Cash
Cr. Funding Received – Qardh

(2) At the time of making payment of compensation (if any) for funding received with qardh contracts:
Dr. Other Operational Expenses
Cr. Cash

(3) At the time of returning funding received with qardh contracts:
Dr. Funding Received - Qardh
Cr. Cash

6. Other Liabilities (2060)
   a. Explanation
   Other Liabilities are other liabilities that cannot be included or classified into any of the account numbers 1 to 5 above. Included in this position are expenses that are still payable and revenue received in advance.

b. Recognition and Measurement
Other Liabilities are recognized and recorded at the amount to be settled.

C. Temporary Partnership Funds
Temporary partnership funds are funds received as investments for a specific period from individuals and other parties where LKMS has the right to manage and invest the funds, either in accordance with LKMS policies or restriction policies from the fund owners, with profits distributed according to agreement. In the event that temporary partnership funds decrease due to normal losses that are not caused by intentional fault, negligence, or breach of agreement, LKMS is not obligated to cover losses or fund shortages.

1. Mudharabah (3010)
   a. Explanation
   Funds obtained by LKMS with a mudharabah contract, which is a business cooperation contract between two parties where the first party (shahibul maal) provides all the capital, while the second party (mudharib) acts as the manager and profits are divided according to the agreement stated in the contract. Mudharabah for savings and deposit products are detailed in Form 04.04 List of Savings Details.

Types of funding received with mudharabah contracts can be distinguished as follows:
(1) Mudharabah Less Than One Year (3011)
Funds received by LKMS in the form of mudharabah savings, mudharabah deposits, and other funding with mudharabah contracts that have a duration of less than one year.

(2) Mudharabah At Least One Year (3012)
Funds received by LKMS in the form of mudharabah deposits and other funding with mudharabah contracts that have a duration of at least one year.

b. Recognition and Measurement
Funding with mudharabah contracts is recognized and recorded at the amount of money received by LKMS at the time of fund receipt.

c. Journal Illustrations for Primary Transactions
(1) Mudharabah contracts less than one year
(a) At the time of adding mudharabah savings or deposits:
Dr. Cash
Cr. Mudharabah less than one year

(b) At the time of distributing profit-sharing revenue on mudharabah savings or deposits:
Dr. Third Parties' Rights to Profit-Sharing
Cr. Mudharabah less than one year
Cr. Payables Due Immediately
(tax trust)

(c) At the time of withdrawing mudharabah savings or deposits:
Dr. Mudharabah less than one year
Cr. Cash

(d) At the time of receiving other funding with mudharabah contracts less than one year:
Dr. Cash
Cr. Mudharabah less than one year

(e) At the time of distributing profit-sharing revenue on funds received with mudharabah contracts less than one year:
Dr. Third Parties' Rights to Profit-Sharing
Cr. Cash/Payables Due Immediately

(f) At the time of payment/withdrawal of funds received with mudharabah contracts less than one year:
Dr. Mudharabah less than one year
Cr. Cash

(2) Mudharabah contracts at least one year
(a) At the time of adding mudharabah deposits:
Dr. Cash
Cr. Mudharabah at least one year

(b) At the time of distributing profit-sharing revenue on mudharabah deposits:
Dr. Third Parties' Rights to Profit-Sharing
Cr. Mudharabah at least one year
Cr. Payables Due Immediately
(tax trust)

(c) At the time of withdrawing mudharabah savings or deposits:
Dr. Mudharabah less than one year
Cr. Cash

(d) At the time of receiving other funding with mudharabah contracts at least one year:
Dr. Cash
Cr. Mudharabah at least one year

(e) At the time of distributing profit-sharing revenue on funds received with mudharabah contracts at least one year:
Dr. Third Parties' Rights to Profit-Sharing

Kr. Cash/Payables Due Immediately
(f) At the time of payment/withdrawal of funds received with a Mudharabah contract, at least one year:
Dr. Mudharabah at least one year
Cr. Cash

2. Musyarakah (3020)
   a. Explanation
   LKMS acts as an active partner (either as the manager or appointing another party on behalf of that partner) in a Musyarakah business, where capital owners (Musyarakah partners) combine capital to conduct business together in a partnership, with profit distribution ratios as agreed upon, while losses are borne according to the proportion of capital contribution. Types of funding received with a Musyarakah contract can be distinguished as follows:
   (1) Musyarakah Less Than One Year (3021)
   Funds received by LKMS in the form of other funding with a Musyarakah contract that has a maturity of less than one year. (2) Musyarakah At Least One Year (3021) Funds received by LKMS in the form of other funding with a Musyarakah contract that has a maturity of at least one year. b. Recognition and Measurement Funding with a Musyarakah contract is recognized and recorded at the amount of money received by LKMS at the time of fund receipt.
   c. Illustration of Journal Entries for Main Transactions
   (1) Musyarakah contract less than one year
   (a) At the time of receiving other funding with a Musyarakah contract less than one year:
   Dr. Cash
   Cr. Musyarakah less than one year
   (b) At the time of distributing profit sharing on funds received with a Musyarakah contract less than one year:
   Dr. Third Party Rights to Profit Sharing
   Cr. Cash/Payables Due Immediately
   (c) At the time of payment/withdrawal of funds received with a Musyarakah contract less than one year:
   Dr. Musyarakah less than one year
   Cr. Cash
   (2) Musyarakah contract at least one year
   (a) At the time of receiving other funding with a Musyarakah contract at least one year:
   Dr. Cash
   Cr. Musyarakah at least one year
   (b) At the time of distributing profit sharing on funds received with a Musyarakah contract at least one year:
   Dr. Third Party Rights to Profit Sharing
   Cr. Cash/Payables Due Immediately
   (c) At the time of payment/withdrawal of funds received with a Musyarakah contract at least one year:
   Dr. Musyarakah at least one year
   Cr. Cash

LKMS with Limited Liability Company Legal Form D. Equity Equity is the residual interest in the assets of LKMS after deducting all liabilities and temporary Syirkah funds.

1. Capital (4010)
   a. Explanation
   (1) Paid-in Capital (4011)
   Paid-in Capital is capital that has been effectively received by LKMS at the nominal value of the shares. (2) Additional Paid-in Capital (4012) Additional Paid-in Capital is the excess/deficit of capital deposits received by LKMS as a result of the share price exceeding/being less than its nominal value. b. Recognition and Measurement (1) Paid-in Capital is recognized at the time of capital deposit receipt and recorded at the nominal value of the shares. (2) If the amount of capital deposit received is more/less than the nominal value of the shares, the difference is recognized and recorded as Additional Paid-in Capital.
   c. Illustration of Journal Entries for Main Transactions
   (1) Recording paid-in capital in cash at nominal value:
   Dr. Cash
   Cr. Paid-in Capital
   (2) Recording paid-in capital in cash above nominal value:
   Dr. Cash
   Cr. Paid-in Capital
   Cr. Additional Paid-in Capital
   (3) Recording paid-in capital in cash below nominal value:
   Dr. Cash
   Dr. Additional Paid-in Capital
   Cr. Paid-in Capital

2. Donations (4020)
   a. Explanation
   Donations are amounts of money or capital goods that can be valued in money, received from other parties, which are gratuitous and non-binding. b. Recognition and Measurement Donations are recognized at their nominal value upon receipt.
   c. Illustration of Journal Entries for Main Transactions
   Receipt of donations:
   Dr. Cash/Fixed Assets and Inventories (FAI)
   Cr. Donations

3. Reserves (4030)
   a. Explanation
   Reserves are a portion of net profit that has been designated for specific use. Reserves consist of 2 (two) types, namely:
   (1) General Reserve (4031)
   General Reserve is a reserve formed from the allocation of net profit used to cover losses arising from the implementation of business activities. (2) Specific Purpose Reserve (4032) Specific Purpose Reserve is a portion of net profit allocated for specific purposes. b. Recognition and Measurement Reserves are recognized and recorded at their nominal value.
   c. Illustration of Journal Entries for Main Transactions
   (1) Formation of general reserve:
   Dr. Retained Earnings
   Cr. General Reserve
   (2) Formation of specific purpose reserve:
   Dr. Retained Earnings
   Cr. Specific Purpose Reserve

4. Retained Earnings/(Loss) (4040)
   a. Explanation
   Retained Earnings/(Loss) is the accumulation of Beginning Retained Earnings/(Loss) plus Profit/(Loss) of the Current Year. b. Recognition and Measurement (1) Beginning Retained Earnings/(Loss) (4041) Recognized and recorded at the retained earnings/(loss) obtained in the previous year. (2) Profit/(Loss) of the Current Year (4042) Recognized and recorded at the profit/(loss) obtained by LKMS for one current year period, i.e., from the beginning of the year to the reporting date.
   c. Illustration of Journal Entries for Main Transactions
   (1) LKMS records profit:
   (a) Dr. Revenue
   Cr. Income Statement Summary
   (b) Dr. Income Statement Summary
   Cr. Expenses
   (c) Dr. Income Statement Summary
   Cr. Current Year Profit
   (2) LKMS incurs a loss:
   (a) Dr. Revenue
   Cr. Income Statement Summary
   (b) Dr. Income Statement Summary
   Cr. Expenses
   (c) Dr. Current Year Loss
   Cr. Income Statement Summary

LKMS with Cooperative Legal Form
D. Equity
Equity is the residual interest in the assets of LKMS after deducting all liabilities and temporary Syirkah funds.

1. Capital (4010)
   a. Explanation
   (1) Basic Deposits (4011)
   Basic Deposits are equal amounts of money that must be paid by members to the cooperative upon joining as members. Basic Deposits cannot be withdrawn as long as the person remains a member. (2) Mandatory Deposits (4012) Mandatory Deposits are deposits that do not have to be of equal amounts, which must be paid by cooperative members at specific times and opportunities. Mandatory Deposits cannot be withdrawn as long as the person remains a member. b. Recognition and Measurement (1) Basic Deposits are recognized and recorded at the nominal value of the basic deposits. (2) Mandatory Deposits are recognized and recorded at the nominal value of the mandatory deposits.
   c. Illustration of Journal Entries for Main Transactions
   (1) Recording basic deposits:
   Dr. Cash
   Cr. Basic Deposits
   (2) Recording mandatory deposits:
   Dr. Cash
   Cr. Mandatory Deposits

2. Donations (4020)
   a. Explanation
   Donations are amounts of money or capital goods that can be valued in money, received from other parties, which are gratuitous and non-binding. b. Recognition and Measurement Donations are recognized at their nominal value upon receipt.
   c. Illustration of Journal Entries for Main Transactions Receipt of donations:
   Dr. Cash/Fixed Assets and Inventories (FAI)
   Cr. Donations

3. Reserves (4030)
   a. Explanation
   Reserves are a portion of the Surplus of Business Results (SHU) allocated according to the provisions of the articles of association or the resolution of the members' meeting. Reserves allocated from the Surplus of Business Results constitute cooperative equity. b. Recognition and Measurement Reserves are recognized and recorded at their nominal value.
   c. Illustration of Journal Entries for Main Transactions
   Formation of reserves:
   Dr. Retained Earnings/(Loss)
   Cr. Reserves

4. Retained Earnings/(Loss) (4040)
   a. Explanation
   Retained Earnings/(Loss) is the accumulation of Beginning Retained Earnings/(Loss) plus Profit/(Loss) of the Current Year. b. Recognition and Measurement (1) Beginning Retained Earnings/(Loss) (4041) Recognized at the balance of profit/(loss) obtained in the previous year. (2) Surplus of Business Results of the Current Year (4042) The Surplus of Business Results of the Current Year is income minus cooperative expenses obtained in one accounting period after deducting reserves and other requirements according to the resolution of the members' meeting or provisions of the articles of association or regulations applicable to the relevant cooperative.
   c. Illustration of Journal Entries for Main Transactions
   (1) LKMS records profit:
   (a) Dr. Revenue
   Cr. Income Statement Summary
   (b) Dr. Income Statement Summary
   Cr. Expenses
   (c) Dr. Income Statement Summary
   Cr. Current Year Profit
   (2) LKMS incurs a loss:
   (a) Dr. Revenue
   Cr. Income Statement Summary
   (b) Dr. Income Statement Summary
   Cr. Expenses
   (c) Dr. Current Year Loss
   Cr. Income Statement Summary

B. Form 02.00 Income Statement

1. Format of Form 02.00 Income Statement
   Form 02.00 Income Statement is prepared in the following format.

Form 02.00
PT/COOPERATIVE *) .....................
LKMS CODE ..........
INCOME STATEMENT
For the Period Ended On Date ..........

LKMS with Limited Liability Company Legal Form or Cooperative Legal Form No. Account Name Account Code Amount A. Operational Revenue

1. Murabahah Margin Revenue 5010 xxx
2. Salam Revenue 5020 xxx
3. Istishna’ Margin Revenue 5030 xxx
4. Ijarah Revenue 5040 xxx
5. Mudharabah Profit Sharing Revenue 5050 xxx
6. Musyarakah Profit Sharing Revenue 5060 xxx
7. Other Operational Revenue 5070 xxx
   Total Operational Revenue 5000 xxx
   B. Third Party Rights to Profit Sharing 6000 (xxx)
   C. Operational Revenue After Profit Sharing Distribution 6500 xxx
   D. Operational Expenses
8. Wadiah Bonus Expense 7010 xxx
9. Labor Expense 7020 xxx
   (1) Salary Expense 7021 xxx
   (2) Human Resource Education and Training Expense 7022 xxx (3) Other Expenses 7023 xxx
10. Depreciation Expense 7030 xxx
11. Amortization Expense 7040 xxx
12. Financing Impairment Provision Expense 7050 xxx
13. Other Operational Expenses 7060 xxx
    Total Operational Expenses 7000 xxx

LKMS with Limited Liability Company Legal Form No. Account Name Account Code Amount Limited Liability Company:
E. Operational Profit/(Loss) 8000 xxx
F. Non-Operational Revenue 8100 xxx
G. Non-Operational Expenses 8200 xxx
H. Profit/(Loss) Before Tax 8300 xxx
I. Estimated Income Tax 8400 xxx
J. Current Year Profit/(Loss) 8500 xxx

LKMS with Cooperative Legal Form
No. Account Name Account Code Amount
Cooperative:
E. Operational Surplus of Business Results 8000 xxx F. Non-Operational Revenue 8100 xxx G. Non-Operational Expenses 8200 xxx H. Surplus of Business Results Before Tax 8300 xxx
I. Estimated Income Tax 8400 xxx
J. Current Year Surplus of Business Results 8500 xxx

2. Explanation of Form 02.00 Income Statement
   LKMS with Limited Liability Company Legal Form A. Operational Revenue Operational Revenue is all revenue originating from the main activities of LKMS. Revenue from the disbursement of receivables/financing with a 'current' quality is recognized on an accrual basis. Whereas revenue from the disbursement of receivables/financing with a 'doubtful' and 'non-performing' quality is recognized on a cash basis.

3. Murabahah Margin Revenue (5010)
   a. Explanation
   Murabahah Margin Revenue is margin revenue obtained from Murabahah transactions. b. Recognition and Measurement Murabahah Margin Revenue is recognized at the time of receivable settlement at the proportion that can be collected from the Murabahah receivables previously established in the contract.
   c. Illustration of Journal Entries for Main Transactions
   Recognition of revenue from installment receipt:
   Dr. Cash
   Cr. Murabahah Receivables
   Dr. Deferred Murabahah Margin
   Cr. Murabahah Margin Revenue
   At the time of revenue recognition at the end of the reporting period (accrual):
   Dr. Accrued Murabahah Margin Revenue
   Cr. Murabahah Margin Revenue

4. Salam Revenue (5020)
   a. Explanation
   Salam Revenue is revenue obtained from Salam transactions. b. Recognition and Measurement Salam Revenue is recognized at the time of goods delivery to customers at the difference between the cash amount handed over to the supplier or the cash amount spent to make the goods with the cash amount received from customers.
   c. Illustration of Journal Entries for Main Transactions
   Recognition of revenue at the time of goods delivery to customers:
   Dr. Salam Payables
   Cr. Inventory-Salam
   Cr. Salam Revenue

5. Istishna’ Margin Revenue (5030)
   a. Explanation
   Istishna’ Margin Revenue is obtained from Istishna’ transactions. b. Recognition and Measurement The revenue recognition method for Istishna’ Margin can be done with:
   (1) Percentage of completion method
   Istishna’ Margin Revenue is recognized at the proportion of completion of the ordered goods.
   (2) Contract completion method
   Istishna’ Margin Revenue is recognized at the time the goods have been delivered to customers.
   c. Illustration of Journal Entries for Main Transactions
   Recognition of revenue from receipt of payment and delivery of goods to customers:
   Dr. Cash
   Cr. Istishna’ Assets in Progress
   Cr. Istishna’ Margin Revenue
   At the time of revenue recognition at the end of the reporting period (accrual):
   Dr. Accrued Istishna’ Margin Revenue
   Cr. Istishna’ Margin Revenue

6. Ijarah Revenue (5040)
   a. Explanation
   Ijarah Revenue is revenue obtained from the utilization of leased objects. b. Recognition and Measurement Ijarah Revenue during the contract period is recognized at the time the benefits of the asset have been used by the lessee and recorded at the value of the lease for the utilized leased object.
   c. Illustration of Journal Entries for Main Transactions
   Recognition of revenue from receipt of rent:
   Dr. Cash
   Cr. Ijarah Revenue

7. Mudharabah Profit Sharing Revenue (5050)
   a. Explanation
   Mudharabah Profit Sharing Revenue is revenue obtained from Mudharabah financing. b. Recognition and Measurement Mudharabah profit sharing revenue is recognized at the time of receiving periodic reports from the mudharib or fund/business manager and recorded at the agreed profit sharing ratio (proportion). Mudharabah profit sharing revenue can be done based on the profit sharing or profit distribution principle.
   c. Illustration of Journal Entries for Main Transactions
   Recognition of revenue from receipt of Mudharabah profit sharing:
   Dr. Cash
   Cr. Mudharabah Profit Sharing Revenue

8. Musyarakah Profit Sharing Revenue (5060)
   a. Explanation
   Musyarakah Profit Sharing Revenue is revenue obtained from Musyarakah financing. b. Recognition and Measurement Musyarakah profit sharing revenue is recognized at the time of receiving profit sharing reports on the realization of business income from the manager, recognized at their right according to the agreement on Musyarakah business income. Musyarakah profit sharing revenue can be done based on the profit sharing or profit distribution principle.
   c. Illustration of Journal Entries for Main Transactions
   Recognition of revenue from receipt of Musyarakah profit sharing:
   Dr. Cash
   Cr. Musyarakah Profit Sharing Revenue

9. Other Operational Revenue (5070)
   a. Explanation
   Other Operational Revenue is revenue arising from activities supporting LKMS operational activities, including:
   (1) Revenue when placing funds in other Islamic financial institutions; (2) Fee (wage) revenue for consultation services provided by LKMS either with an Ijarah contract or a Ju’alah contract; (3) Fee revenue for other contracts; (4) Administrative revenue for deposits and financing. (5) Recovery of Financing Impairment Provisions b. Recognition and Measurement Other operational revenue is recognized and recorded at the amount received.
   c. Illustration of Journal Entries for Main Transactions
   Recognition at the time of receiving revenue:
   Dr. Cash
   Cr. Other Operational Revenue

B. Third Party Rights to Profit Sharing (6000)

1. Explanation
   Third Party Rights to Profit Sharing is the portion of profit sharing belonging to third parties (for example, customer depositors in savings and deposits based on Mudharabah contracts, and also to third parties for funding received based on Mudharabah and Musyarakah contracts) over the fund management results by LKMS. Distribution of business results is determined based on the actual receipt of fund management by customers and/or funders.
2. Recognition and Measurement
   Third party rights to profit sharing are recognized as a reduction of revenue obtained by LKMS.
3. Illustration of Journal Entries for Main Transactions
   At the time third party rights to profit sharing are given:
   Dr. Third Party Rights to Profit Sharing
   Cr. Cash

C. Operational Revenue After Profit Sharing Distribution (6500)
Operational Revenue After Profit Sharing Distribution is LKMS operational revenue after deducting Third Party Rights to Profit Sharing.

D. Operational Expenses

1. Wadiah Bonus Expense (7010)
   a. Explanation
   Wadiah Bonus Expense is all bonuses given by customers for Wadiah deposits with LKMS. b. Recognition and Measurement Wadiah bonus expense is recognized and recorded at the nominal value amount, which is voluntary and not pre-specified, in the period it occurs.
   c. Illustration of Journal Entries for Main Transactions
   Dr. Wadiah Bonus Expense
   Cr. Wadiah Savings

2. Labor Expense (7020)
   a. Explanation
   (1) Salary Expense is the expense paid to the Board of Directors, Board of Commissioners, LKMS Employees and/or Sharia Supervisory Board before deduction of income tax and other withholdings. This also includes honorariums, overtime pay, and welfare maintenance in this sub-item. (2) Human Resource Education and Training Expense (7021) Human Resource Education and Training Expense is the expense incurred by LKMS for training and development of LKMS Human Resources (HR). (3) Other Expenses (7022) Salary and Other Expenses are various expenses arising other than salary expense and human resource education and training expense. b. Recognition and Measurement Human Resource Education and Training Expense is recognized and recorded at the nominal value amount spent in cash in the period the expense occurs, both for training and development expenses and salary and other expenses.
   c. Illustration of Journal Entries for Main Transactions
   Dr. Human Resource Expense (Human Resource Education and Training Expense and salary expense) Cr. Cash

3. Depreciation Expense (7030)
   a. Explanation
   Depreciation Expense is depreciation expense on Inventory, Ijarah Assets, and FAI. b. Recognition and Measurement Depreciation expense is recognized as a reduction in asset value by the systematic allocation of its acquisition cost over the asset's useful life. Depreciation can be done using the straight-line method or declining balance method and without considering residual value (salvage value). This depreciation is done at least for the income statement for the period ending on December 31. The annual straight-line depreciation amount is calculated as follows:
   Acquisition Value
   Useful Life (in years)
   Useful life and depreciation rates can refer to applicable tax regulations. Whereas for Muntahiyah Bittamlik Ijarah assets, depreciation is done according to the lease period.
   c. Illustration of Journal Entries for Main Transactions
   Dr. Labor Expense
   Cr. Cash

4. Amortization Expense (7040)
   a. Explanation
   Amortization Expense is amortization expense on Intangible Assets, including business application programs in the form of software obtained from external parties. b. Recognition and Measurement Amortization expense is recognized as a reduction in the value of intangible assets by the systematic allocation of its acquisition cost over the asset's useful life. This amortization is done at least for the income statement for the period ending on December 31. The annual straight-line amortization amount is calculated as follows:
   Acquisition Value
   Useful Life (in years)
   Useful life and amortization rates can refer to applicable tax regulations.
   c. Illustration of Journal Entries for Main Transactions
   Dr. Amortization Expense
   Cr. Accumulated Amortization

5. Financing Impairment Provision Expense (7050)
   a. Explanation
   Financing Impairment Provision Expense is the expense for writing off uncollectible financing. The aforementioned impairment provision expense is the sum of impairment expenses for Murabahah receivables, Salam receivables, Istishna’ receivables, multi-service receivables, Qardh receivables, other receivables, Mudharabah financing, Musyarakah financing, and other financing. b. Recognition and Measurement Financing impairment provision expense is recognized as a reduction in the value of financing. Write-offs of financing are done for financing that cannot be collected. Financing impairment provision expense is recognized and recorded in a four-month time period. Regarding financing impairment provisions, reference is made to the Financial Services Authority Regulation regarding the Implementation of LKMS Business.
   c. Illustration of Journal Entries for Main Transactions
   Recognition of financing impairment provision expense:
   Dr. Financing Impairment Provision Expense
   Cr. Financing Impairment Provisions

6. Other Operational Expenses (7060)
   a. Explanation
   Other Operational Expenses are operational expenses not included in one of the above operational costs. Examples: electricity, water, telephone, maintenance and repair of fixed assets and inventories or Ijarah assets owned by LKMS, office supplies (ATK) purchase costs, office rent costs, and other operational expenses. In cooperatives, other operational expenses also include cooperative costs (cooperative HR education and training costs, organizational meeting costs, work area development costs, board/supervisor honorariums, and other costs related to cooperatives). b. Recognition and Measurement Other operational expenses are recognized and recorded at the nominal value amount spent in cash in the period it occurs.
   c. Illustration of Journal Entries for Main Transactions
   Recognition of electricity, water, telephone, office rent, and other operational expenses.
   Dr. Other Operational Expenses
   Cr. Cash

LKMS with Limited Liability Company Legal Form E. Operational Profit/(Loss) (8000) Operational Profit/(Loss) is the positive/negative difference between Operational Revenue and Operational Expenses. F. Non-Operational Revenue (8100)

1. Explanation
   Non-Operational Revenue is all revenue/profits obtained other than the main activities of LKMS, including profits from the sale of FAI.
2. Recognition and Measurement
   Non-Operational Revenue is recognized and recorded at the amount received.
   G. Non-Operational Expenses (8200)
3. Explanation
   Non-Operational Expenses are all expenses/losses borne by LKMS for non-operational activities.
4. Recognition and Measurement
   Non-Operational Expenses are recognized and recorded at the amount to be settled/paid by LKMS in cash. H. Profit/(Loss) Before Tax (8300) Profit/(Loss) Before Tax is the positive/negative difference between Operational Profit/(Loss) plus Non-Operational Revenue minus Non-Operational Expenses.
   I. Estimated Income Tax (8400)
   Estimated Income Tax is the estimate of current year income tax according to tax regulations. J. Current Year Profit/(Loss) (8500) Current Year Profit/(Loss) is the positive/negative difference between Profit/(Loss) Before Tax minus Estimated Income Tax.

Income.
MFI with Cooperative Legal Entity Form
E. Operational Business Result (8000)
Operational Business Result is the positive/negative difference between Operational Income and Operational Expenses. F. Non-Operational Income (8100)

1. Explanation
   Non-Operational Income is all income/profit obtained other than the main activities of the MFI, including profits from the sale of ATI.
2. Recognition and Measurement
   Non-Operational Income is recognized and recorded at the amount received.
   G. Non-Operational Expenses (8200)
3. Explanation
   Non-Operational Expenses are all expenses/losses borne by the MFI for non-operational activities.
4. Recognition and Measurement
   Non-Operational Expenses are recognized and recorded at the amount to be settled/paid by the MFI in cash. H. Profit Before Tax (8300) Profit Before Tax is the positive/negative difference of Operational Business Result plus Non-Operational Income minus Non-Operational Expenses.
   I. Estimated Income Tax (8400)
   Estimated Income Tax is the estimate of current year income tax in accordance with tax regulations. J. Current Year Business Result (8500) Current Year Business Result is the positive/negative difference of Profit Before Tax minus Estimated Income Tax.

VII. REPORT ON MAXIMUM FINANCING YIELD
Maximum Loan Interest Rate or Maximum Financing Yield Report Form

1. Form 03.00 Format for Maximum Financing Yield Report
   Form 03.00 Maximum Financing Yield Report is in the following format:
   Referring to Financial Services Authority Regulation Number 41 of 2024 concerning Microfinance Institutions, we hereby submit the maximum financing yield report for the 3 (three) monthly period ending in March/June/September/December*) year ... namely:
   a. b. c. d.
   No. Loan Type
   Payment Period
   Maximum Financing Yield (%)
   Thus we submit this report and for your attention, Sir/Madam*), we express our gratitude.
   ........, date, month, year
   Board of Directors PT/Cooperative*) MFI
   ....
   ...........................................
   *) Delete what is not necessary
   ) Fill in the name of the Regional Office of the Financial Services Authority or the name of the Financial Services Authority Office according to the domicile of the MFI *) Fill in the address of the Regional Office of the Financial Services Authority or the name of the Financial Services Authority Office according to the domicile of the MFI

2. Explanation of Form 03.00 Maximum Financing Yield Report
   a. No.
   This item is filled with the serial number. b. Loan Type This item is filled with investment, working capital, or consumer information.
   c. Payment Period
   This item is filled with payment periods including:

1. Daily
   Payment period set based on days.
2. Weekly
   Payment period set based on the number of weeks.
3. Monthly
   Payment period set based on the number of months.
4. 35-day (Selapanan)
   Payment period set based on the number of 35-day cycles.
5. Seasonal
   Payment period set based on the number of seasons.
6. Yearly
   Payment period set based on the number of years. d. Maximum Financing Yield (%) This item is filled with information per day, per week, per month, per 35-day cycle, per season, or per year.

VIII. MFI PROFILE
MFI PROFILE REPORT
A. Form 04.01 General Profile

1. Form 04.01 General Profile Format
   Form 04.01 General Profile is prepared in the following format.
   Form 04.01
   General Profile
   PT/Cooperative *) MFI …………
   For the Period Ending On Date … a. MFI Name :
   b. MFI Code Number :
   c. Full Address

1. Address :
2. Village/Sub-district :
3. District :
4. Regency/City :
5. Province :
6. Postal Code :
   d. Telephone and Fax :
   e. Email :
   f. Business License Number :
   g. Business License Date :
   h. Taxpayer Identification Number (NPWP) :
   i. Financial Services Authority Office Area :
   j. Report Preparer Name :
   k. Report Preparer Telephone Number :
   l. Report Responsible Person Name :
   m. Report Responsible Person Telephone Number :
   *) Delete what is not necessary

2. Explanation of Form 04.01 General Profile
   Form 04.01 General Profile contains all information regarding the MFI profile as follows. a. MFI Name This item is filled with the MFI name including its legal entity form. b. MFI Code Number This item is filled with the code number obtained from the Financial Services Authority as the identity of the MFI for financial reporting and institutional changes.
   c. Full Address
   This item is filled with:

1. Address
   Full address of the MFI office.
2. Village/Sub-district
   Village/sub-district where the MFI operates.
3. District
   District where the MFI operates.
4. Regency/City
   Regency/city where the MFI operates.
5. Province
   Province where the MFI operates.
6. Postal Code
   Postal code where the MFI operates. d. Telephone and Fax This item is filled with the telephone and fax numbers of the MFI. e. Email This item is filled with the MFI email address. f. Business License Number This item is filled with the business license number as stated in the business license decision letter of the MFI. g. Business License Date This item is filled with the business license date as stated in the business license decision letter of the MFI from the Financial Services Authority. h. Taxpayer Identification Number (NPWP) This item is filled with the MFI NPWP.
   i. Financial Services Authority Office Area
   This item is filled with the name of the Financial Services Authority Office that supervises the MFI. j. Report Preparer Name This item is filled with the name of the preparer of the MFI Financial Report. k. Report Preparer Telephone Number This item is filled with the telephone number of the preparer of the MFI Financial Report.
   l. Report Responsible Person Name
   This item is filled with the name of the responsible person of the MFI Financial Report. m. Report Responsible Person Telephone Number This item is filled with the telephone number of the responsible person of the MFI Financial Report.

B. Form 04.02 Ownership Details

1. Form 04.02 Ownership Details Format
   Form 04.02 Ownership Details is prepared in the following format.
   Form 04.02 Ownership Details a. b c. d. e.
   No. Name of Shareholder/Member
   National Identity Number (NIK)
   Nominal (Rp)
   Ownership Percentage (%)
2. Explanation of Form 04.02 Ownership Details
   Form 04.02 Ownership Details contains information as follows. a. No This item is filled with the serial number. b. Name of Shareholder/Member This item is filled with all shareholder names for MFI with legal entity form of Limited Liability Company or all member names for MFI with legal entity form of Cooperative.
   c. National Identity Number (NIK)
   This item is filled with the NIK of the shareholder or member. If the shareholder is not an individual, the NIK column is not filled. d. Nominal (Rp) This item is filled with the nominal in Rupiah of the shareholder's or member's ownership of the MFI. e. Ownership Percentage (%) This item is filled with the ownership percentage of the shareholder of the MFI with legal entity form of Limited Liability Company.

C. Form 04.03 Management Details

1. Form 04.03 Management Details Format
   Form 04.03 Management Details is prepared in the following format.
   Form 04.03 Management Details a. b c. d. e. f. g.
   No. Name of Manager
   National Identity Number (NIK)
   Position Date of Birth Education g.
   Term of Office

1. Start Date
2. End Date
   ........, date, month, year
   Board of Directors PT/Cooperative*) MFI ....
   ...............................................
   *) Delete what is not necessary

2. Explanation of Form 04.03 Management Details
   Form 04.03 Management Details of the Board of Directors, Commissioners, or Sharia Supervisory Board for MFI with legal entity form of Limited Liability Company, or the equivalent or Sharia Supervisory Board for MFI with legal entity form of Cooperative, contains information as follows. a. No. This item is filled with the serial number. b. Manager Name This item is filled with the name of the Board of Directors or Commissioners for MFI with legal entity form of Limited Liability Company or the equivalent for MFI with legal entity form of Cooperative.
   c. National Identity Number (NIK)
   This item is filled with the manager's NIK as stated in the Identity Card (KTP). d. Position This item is filled with the manager's position. e. Date of Birth This item is filled with the date, month, and year of birth of the manager. f. Education This item is filled with the manager's last education. g. Term of Office This item is filled with:
3. Start Date
   Date, month, and year the manager started serving.
4. End Date
   Date, month, and year the manager will finish serving.

IX. DETAIL LISTS
A. Form 05.01 List of Fund Placements

1. Form 05.01 List of Fund Placements Format
   Form 05.01 List of Fund Placements is prepared in the following format.
   Form 05.01 List of Fund Placements a. b c. d. e. f. g.
   No. Account Number
   Name of Institution Product Contract
   Duration
   Nominal/Balance Start Date
   Maturity Date
2. Codes for Form 05.01 List of Fund Placements
   Code Columns a. No.
   Filled with serial number b. Account Number
   Filled with account number.
   c. Institution Name
   Filled with the name of the institution where the MFI places funds. d. Product
3. Savings in Bank
4. Checking Account in Bank
5. Time Deposit
6. Certificate of Deposit
7. Sharia Securities Issued by the Republic of Indonesia and Bank Indonesia
8. Deposits in Secondary Cooperatives
   e. Contract
9. Wadiah
10. Mudharabah
    f. Duration:

1. Start Date
2. Maturity Date
   g. Nominal/Balance
   Filled with nominal value or balance

3. Explanation of Form 05.01 List of Fund Placements
   a. No.
   This item is filled with the serial number. b. Account Number This item is filled with the account number as stated in the bank statement, savings book, deposit receipt, certificate of deposit, or on mobile/internet banking applications.
   c. Institution Name
   This item is filled with the name of the institution where the MFI places funds. d. Product This item is filled with the type of fund placement product of the MFI at the institution which can be savings, checking account, time deposit, and certificate of deposit, Sharia securities issued by the Republic of Indonesia and deposits in secondary cooperatives. e. Contract This item is filled with the type of contract for the product used in fund placement in accordance with the fund placement product. f. Duration This item is filled with the start date and maturity date of the MFI's fund placement. For fund placement instruments that do not have a duration, the duration column can be left blank.

1. Start Date: This item is filled with the start date of the MFI's fund placement
2. Maturity Date: This item is filled with the maturity date of the MFI's fund placement
   g. Nominal/Balance
   This item is filled with the nominal value or balance as stated in the bank statement, savings book, deposit receipt, certificate of deposit, or on mobile/internet banking applications at the report period date.

B. Form 05.02 List of Receivables

1. Form 05.02 List of Receivables Format
   Form 05.02 List of Receivables is prepared in the following format.
   Form 05.02 List of Receivables a. b c. d. e. f. g. h. i.
   No.
   Name of Recipient Customer/Supplier
   Type of Customer
   Customer Identity Number
   Type of Use
   Business Sector
   Contract Used
   Payment Period
   Duration
   Start Maturity Date j. k. l. m. n. o. p. q. r.
   Margin Rate
   Disbursement Value
   Nominal/Principal Value
   Deferred Margin
   Balance
   Nominal/Principal Value
   Deferred Margin Balance
   Receivable Balance
   Overdue Quality
   % Description s. t.
   Type of Collateral/Guarantee
   Credit
   Value of Collateral/Guarantee
   Credit

2. Codes for Form 05.02 List of Receivables
   Code Columns a. No.
   Filled with serial number b. Recipient Customer/Supplier Name Filled with the name of the recipient of facilities for murabahah receivables, istishna’ receivables, multijasa receivables, qardh receivables, and other receivables. Filled with supplier name for salam receivables.
   c. Type of Customer

3. Individual

4. Company
   d. Customer Identity Number
   Filled with customer identity number e. Type of Use

5. Working Capital

6. Investment

7. Consumer

8. Liquidity Assistance to Other MFI
   f. Business Sector

9. Crop Agriculture

10. Fisheries

11. Animal Husbandry

12. Retail Trade

13. Food and Beverage Provision

14. Education

15. Others
    g. Contract Used

16. Murabahah

17. Salam

18. Istishna’

19. Multijasa Ijarah

20. Qardh

21. Others
    h. Payment Period

22. Daily

23. Weekly

24. Monthly

25. 35-day (Selapanan)

26. Seasonal

27. Yearly
    i. Duration
    Filled with start date and maturity date. j. Margin Rate Filled with margin percentage per year k. Disbursement Value Filled with the nominal amount of receivables that have been disbursed and received by the debtor
    l. Nominal/Principal Value
    Filled with the acquisition price of goods/principal value of receivables m. Deferred Margin Filled with the amount of margin that has been agreed upon n. Balance of Nominal/Principal Value

Filled with nominal/principal value minus principal installments that have been received o. Balance of Deferred Margin Filled with the amount of margin that has been agreed upon at the beginning of the contract minus the amount of margin that has been received p. Receivable Balance Filled with the total receivable balance q. Overdue Filled with the amount of overdue r. Quality Filled with the quality of financing whose measurement parameters are regulated in Financial Services Authority regulations concerning the conduct of MFI business s. Type of Collateral/Guarantee Credit Filled with the type of goods used as collateral or credit guarantee or credit insurance t. Value of Collateral/Guarantee Credit Filled with the value of each pledged good which can be used to reduce loan loss provisions

3. Explanation of Form 05.02 List of Receivables
   a. No.
   This item is filled with the serial number. b. Recipient Customer/Supplier Name This item is filled with the recipient of facilities for murabahah receivables, istishna’ receivables, multijasa receivables, qardh receivables, and other receivables. Filled with supplier name for salam receivables with the following conditions:
4. For individuals, the name is recorded as stated in the KTP; or
5. For companies/corporations/foundations and others, the name is recorded as stated in the establishment deed.
   c. Type of Customer
   This item is filled with the type of customer receiving facilities for murabahah receivables, Istishna’ receivables, multijasa receivables, qardh receivables, and other receivables, which include:
6. Individual, namely the recipient of receivable facilities is an individual/personal customer; or
7. Company, namely the recipient of receivable facilities is a company customer, corporation, foundation, and other legal entities.
   d. Customer Identity Number
   This item is filled with:
8. For individuals: identity number is recorded as stated in the relevant KTP.
9. For companies/business entities: identity number can use NPWP, Business Identification Number (NIB) as stated in the sheet issued by the Online Single Submission (OSS) institution, or similar business license numbers issued by competent authorities for the relevant company/business entity.

e. Type of Use
This item is filled with the purpose of use of goods resulting from the fund provision transaction conducted by the MFI which includes:

1. Working Capital
   Use of receivables to meet expenditure needs that are exhausted in one cycle of the customer's business activity. Examples include purchasing fertilizer and seed raw materials for agricultural business.

2. Investment
   Use of receivables to meet the needs of establishing new businesses, modernization, business expansion, business/investment activities, rehabilitation, or relocation of business/investment premises provided to customers. Examples include purchasing land for agricultural business.

3. Consumer
   Use of receivables for consumer purposes and not for business or productive activities.

4. Liquidity Assistance to Other MFI
   Provision of receivables to other MFI to overcome liquidity difficulties. f. Business Sector This item is filled with the business sector run by the customer, which includes:

5. Crop Agriculture
   This main group covers crop agriculture for food, plantations, and horticulture. This group covers the planting of crops that last more than two planting seasons, whether crops that die each season or crops that grow continuously. Includes planting of crops in various media and genetic plant cultivation, as well as planting for seedling and breeding purposes. This group also covers crop planting activities in forest areas or locations.

6. Fisheries
   This main group covers the capture and cultivation of fish, crustacean species (such as shrimp and crabs), mollusks, and other aquatic biota in the sea, brackish water, and fresh water. Does not include recreational fishing.

7. Animal Husbandry
   This group covers the cultivation and breeding of livestock, poultry, insects, reptiles, worms, and pets. Includes animal cultivation for harvesting products such as wool, eggs, milk, honey, beeswax, and silkworm cocoons.

8. Retail Trade
   This group covers the retail sale of various products in one store, such as supermarkets or "department stores". Includes general stores selling various goods such as food, drinks or tobacco, ready-made clothing, furniture, cosmetics, jewelry, toys, sports equipment, and others.

9. Food and Beverage Provision
   This main group covers food and beverage service activities that provide food or drinks for immediate consumption, whether traditional restaurants, "self-service" restaurants or "take away" restaurants, whether in permanent or temporary locations with or without seating. The provision of food and drinks refers to the provision of food and drinks for immediate consumption based on orders.

10. Education
    This main group covers basic education, secondary education, higher education, and other education. This main group also includes educational support services and early childhood education (pre-school)

11. Others
    Business sectors outside the categories mentioned above. g. Contract Used This item is filled with the type of contract used by the MFI in the distribution of receivables as stated in the contract/agreement with the customer. Contracts used include murabahah, salam, istishna’, multijasa ijarah, qardh, and other receivables (the type of contract must be written). h. Payment Period This item is filled with the installment payment period which includes:

12. Daily
    Installment payment period is set based on the number of days.

13. Weekly
    Installment payment period is set based on the number of weeks.

14. Monthly
    Installment payment period is set based on the number of months.

15. 35-day (Selapanan)
    Installment payment period is set based on the number of 35-day cycles.

16. Seasonal
    Installment payment period is set based on the number of seasons.

17. Yearly
    Installment payment period is set based on the number of years.
    i. Duration
    This item is filled with the duration which includes:

18. Start
    Start is the date, month, and year the receivable begins as stated in the agreement or contract.

19. Maturity Date
    Maturity Date is the date, month, and year the receivable ends as stated in the agreement or contract.

j. Margin Rate
This item is filled with the margin rate which includes:

1. Percentage (%)
   Percentage is the rate of return in the form of margin realization percentage of murabahah, istishna’, and multijasa facilities charged by the MFI to the recipient customer, expressed in percentage (%).
2. Description
   Description is filled with per year. k. Disbursement Value This item is filled with the nominal amount of receivables that have been disbursed and received by the borrower. The disbursement value for murabahah, istishna’ or multijasa ijarah contracts is the sum of the nominal/principal value and deferred margin.
   l. Nominal/Principal Value
   This item is filled with the acquisition price of goods for murabahah and istishna’ contracts, and the principal value of multijasa ijarah receivables. m. Deferred Margin This item is filled with the amount of margin that has been agreed upon at the beginning of murabahah, istishna’, and multijasa ijarah contracts. n. Balance of Nominal/Principal Value This item is filled with nominal/principal value minus principal installments that have been received up to the report date. o. Balance of Deferred Margin This item is filled with the amount of margin that has been agreed upon at the beginning of murabahah, istishna’, or multijasa ijarah contracts minus the amount of margin that has been received up to the report date. p. Receivable Balance This item is filled with the total receivable balance (sum of nominal/principal value balance and deferred margin balance) to each customer on the report date. q. Overdue This item is filled with overdue which includes:
3. Filled with the length of overdue installment payments in months for receivables with daily, weekly, monthly, and 35-day installment payment periods.
4. Filled with the frequency of overdue payments, e.g., 1x (once), 2x (twice), and so on for receivables with seasonal payment periods.
   r. Quality
   This item is filled with the quality of financing whose measurement parameters are regulated in Financial Services Authority regulations concerning the conduct of MFI business. s. Type of Collateral/Guarantee Credit This item is filled with the type of goods used as collateral or credit guarantee or credit insurance. t. Value of Collateral/Guarantee Credit This item is filled with the value of each pledged good. Filled with the value that can be calculated as a reduction of receivable write-off provisions as regulated in Financial Services Authority regulations concerning the conduct of MFI business.

C. Form 05.03 List of Financing

1. Form 05.03 List of Financing Format
   Form 05.03 List of Financing is prepared in the following format.
   Form 05.03 List of Financing a. b c. d. e. f. g.
   No.
   Name of Recipient Customer
   Type of Customer
   Customer Identity Number
   Type of Use
   Business Sector
   Contract Used h. i. j.
   Payment Period
   Duration Margin Sharing Rate

Start
2)
Maturity Date
1)
% MFI
2)
% Customer
3)
Description k. l. m. n. o.
Disbursement Value
Financing Balance
Overdue
Realization of Margin Sharing (RBH)
Projection of Margin Sharing (PBH) p. q. r.
Quality Type of Collateral/Guarantee Credit
Value of Collateral/Guarantee Credit

2. Codes for Form 05.03 List of Financing
   Code Columns a. No.
   Filled with serial number. b. Recipient Customer Name Filled with the name of the recipient of mudharabah or musyarakah financing facilities.
   c. Type of Customer
3. Individual
4. Company
   d. Customer Identity Number
   Filled with customer identity number. e. Type of Use
5. Working Capital
6. Investment
7. Consumer
8. Liquidity Assistance to Other MFI
   f. Business Sector
9. Crop Agriculture
10. Fisheries
11. Animal Husbandry
12. Retail Trade
13. Food and Beverage Provision
14. Education
15. Others
    g. Contract Used
16. Mudharabah
17. Musyarakah
18. Others
    h. Payment Period
19. Daily
20. Weekly
21. Monthly
22. 35-day (Selapanan)
23. Seasonal
24. Yearly
    i. Duration
    Filled with start date and maturity date. j. Margin Sharing Rate Filled with the margin sharing rate, both percentage for MFI, percentage for customer, and margin sharing method which is net revenue sharing or profit sharing. k. Disbursement Value Filled with the nominal amount of financing that has been disbursed and received by the borrower.
    l. Financing Balance
    Filled with the total financing balance. m. Overdue Filled with the total overdue. n. Realization of Margin Sharing (RBH) Filled with the accumulated margin sharing that has been paid by the customer up to the reporting date.

o. Profit Sharing Projection (PBH)
Filled with the accumulated profit sharing projected to be received by the LKMS from customers up to the reporting date. p. Quality Filled with the quality of financing, the measurement parameters of which are regulated in the Financial Services Authority Regulation regarding the conduct of LKM business. q. Type of Collateral/Credit Guarantee Filled with the type of goods used as collateral or credit guarantee or credit insurance. r. Value of Collateral/Credit Guarantee Filled with the value of each pledged item, which can be used as a reduction for loan write-off provisions.

3. Explanation of Form 05.03 List of Financing Details
   a. No.
   This item is filled with the serial number. b. Customer Name/Supplier Name This item is filled with the name of the customer for mudharabah financing and other profit-based financing and receivable financing. Filled with the type of customer name, namely individuals and companies, with the following provisions:
4. For individuals, the name is recorded as stated on the ID card (KTP); or
5. For companies/corporations/foundations and others, the name is recorded as stated in the establishment deed.
   c. Customer Type
   This item is filled with the type of customer receiving mudharabah financing facilities, musyarakah financing, and other profit-based financing. Customer types are individuals and companies, which include:
6. Individuals, meaning the recipient of the financing facility provided is an individual customer; or
7. Companies, meaning the recipient of the financing facility provided is a company, corporation, foundation, and other legal entities.
   d. Customer Identity Number
   This item is filled with:
8. For individuals: the identity number is recorded as stated on the relevant ID card (KTP).
9. For companies/business entities: the identity number can use the Taxpayer Identification Number (NPWP), Business Identification Number (NIB) as stated on the sheet issued by the OSS agency, or a similar business license number issued by the competent authority for the relevant company/business entity.
   e. Type of Use
   This item is filled with the purpose of use of goods originating from the provision of funds transaction conducted by the LKMS, which includes:
10. Working Capital
    Use of financing to meet expenditure needs that are consumed within one cycle of the customer's business activity. Examples include the purchase of fertilizer raw materials and seeds for agricultural businesses.
11. Investment
    Use of financing to meet the needs for establishing new businesses, modernization, business expansion, business/investment activities, rehabilitation, or relocation of business/investment premises provided to customers. Examples include the purchase of land for agricultural businesses.
12. Consumptive
    Use of financing for consumptive purposes and not for business or productive activities.
13. Liquidity Assistance to Other LKMS
    Provision of financing to other LKMS to address liquidity difficulties. f. Business Sector This item is filled with the business sector operated by the customer, which includes:
14. Plantation Agriculture
    This main group covers food crop agriculture, plantations, and horticulture. This group covers the planting of plants that last more than two planting seasons, whether plants that die each season or plants that grow continuously. It includes planting plants in various media and genetic plant cultivation, as well as planting for breeding and seedling purposes. This group also covers the planting of these plants in forest areas or locations.
15. Fisheries
    This main group covers the capture and cultivation of fish, crustacean species (such as shrimp and crabs), mollusks, and other aquatic biota in the sea, brackish water, and fresh water. It does not include recreational fishing.
16. Livestock
    This group covers the cultivation and breeding of livestock, poultry, insects, reptiles, worms, and pets. It includes the cultivation of animals for their products such as wool, eggs, milk, honey, beeswax, and silkworm cocoons.
17. Retail Trade
    This group covers the retail sale of various products in one store, such as supermarkets or "department stores." It includes general stores selling various goods such as food, beverages or tobacco, ready-made clothing, furniture, cosmetics, jewelry, toys, sports equipment, and others.
18. Food and Beverage Provision
    This main group covers food and beverage service activities that provide food or beverages for immediate consumption, whether traditional restaurants, "self-service" restaurants, or "take away" restaurants, whether in fixed or temporary locations, with or without seating. The provision of food and beverages refers to the provision of food and beverages for immediate consumption based on orders.
19. Education
    This main group covers basic education, secondary education, higher education, and other education. This main group also includes educational support services and early childhood education (pre-school).
20. Others
    Business sectors outside the categories mentioned above. g. Contract Used This item is filled with the type of contract used by the LKMS in the disbursement of financing as stated in the contract/agreement with the customer. Contracts used include mudharabah, musyarakah, or financing based on profit-sharing principles. h. Payment Period This item is filled with the installment payment period, which includes:
21. Daily
    The installment payment period is determined based on the number of days.
22. Weekly
    The installment payment period is determined based on the number of weeks.
23. Monthly
    The installment payment period is determined based on the number of months.
24. Selapanan (35-day cycle)
    The installment payment period is determined based on the number of selapanan cycles.
25. Seasonal
    The installment payment period is determined based on the number of seasons.
26. Yearly
    The installment payment period is determined based on the number of years.
    i. Tenor
    This item is filled with the tenor, which includes:
27. Start
    Start is the date, month, and year the receivable begins as stated in the agreement or contract.
28. Due Date
    Due Date is the date, month, and year the receivable ends as stated in the agreement or contract. j. Profit Sharing Rate This item is filled with the profit sharing rate, which includes:
29. % LKMS (LKMS Percentage)
    The percentage of profit that becomes the LKMS portion according to the mudharabah or musyarakah financing contract.
30. % Customer (Customer Percentage)
    The percentage of profit that becomes the customer portion according to the mudharabah or musyarakah financing contract.
31. Description
    This item is filled with the profit sharing method (net revenue sharing or profit sharing). k. Disbursement Value This item is filled with the nominal amount of financing that has been disbursed and received by the borrower.
    l. Financing Balance
    This item is filled with the financing balance amount to each customer on the reporting date. m. Arrears This item is filled with arrears, which include:
32. The duration of installment payment arrears in months for financing with daily, weekly, monthly, and selapanan payment periods; or
33. The frequency of arrears occurrence, e.g., 1x (once), 2x (twice), and so on, for financing with seasonal payment periods.
    n. Realized Profit Sharing (RBH)
    This item is filled with the accumulated profit sharing already paid by the customer up to the reporting date on the disbursed financing. o. Profit Sharing Projection (PBH) This item is filled with the accumulated profit sharing projected to be received by the LKMS from the customer up to the reporting date on the disbursed financing. p. Quality This item is filled with the quality of financing, the measurement parameters of which are regulated in the Financial Services Authority Regulation regarding the conduct of LKM business. q. Type of Collateral/Credit Guarantee This item is filled with the type of goods used as collateral or credit guarantee or credit insurance. r. Value of Collateral/Credit Guarantee This item is filled with the value of each pledged item. Filled with the value that can be calculated as a reduction for financing write-off provisions as regulated in the Financial Services Authority Regulation regarding the conduct of LKM business.

D. Form 05.04 List of Savings Details

1. Format of Form 05.04 List of Savings Details
   Form 05.04 List of Savings Details is compiled according to the following format.
   Form 05.04 List of Savings Details a. No. b. Depositor Name
   c. Customer Type
   d. Customer Identity Number e. Product Type f. Contract Used g. Amount h. Tenor*
   i. Profit Sharing Rate

1. Start
2. Due Date
3. LKMS Percentage (%)
4. Customer Percentage (%)
5. Description
   *) Specifically for Deposits
   ) Specifically for products with Mudharabah contract

2. Codes for Form 05.04 List of Savings Details
   Code Column a. No.
   Filled with the serial number. b. Depositor Name Filled with the depositor's name.
   c. Customer Type

3. Individual

4. Company
   d. Customer Identity Number
   Filled with the customer's identity number. e. Product Type

5. Savings

6. Deposits
   f. Contract Used

7. Wadiah

8. Mudharabah
   g. Amount
   Filled with the nominal value of the customer's savings or deposit balance. h. Tenor Filled with the start date and due date for deposit products.
   i. Profit Sharing Rate
   Filled with the profit sharing rate, both the percentage for LKMS, the percentage for the customer, and the profit sharing method, namely net revenue sharing or profit sharing, for products with a mudharabah contract.

9. Explanation of Form 05.04 List of Savings Details
   a. No.
   This item is filled with the serial number. b. Depositor Name This item is filled with the name of the customer depositor.

10. For individuals, the name is recorded as stated on the ID card (KTP).

11. For companies/corporations/foundations and others, the name is recorded as stated in the establishment deed.
    c. Customer Type
    This item is filled with the type of customer depositor, which includes:

12. Individuals, meaning the depositor is an individual customer.

13. Companies, meaning the depositor is a company, corporation, foundation, and other legal entity customer.
    d. Customer Identity Number
    This item is filled with:

14. For individuals, the identity number is recorded as stated on the relevant ID card (KTP).

15. For companies/business entities, the identity number can use the Taxpayer Identification Number (NPWP), Business Identification Number (NIB) as stated on the sheet issued by the OSS agency, or a similar business license number issued by the competent authority for the relevant company.
    e. Product Type
    This item is filled with the type of savings product, such as savings, deposits. f. Contract Used. This item is filled with the type of contract for the savings product, for example, for savings it is wadiah or mudharabah, for deposits it is mudharabah. g. Amount This item is filled with the nominal value of the customer's savings or deposit balance. h. Tenor This is only filled for deposit product types and is filled with:

16. Start
    Start is the date, month, and year the deposit begins.

17. Due Date
    Due Date is the date, month, and year the deposit ends.
    i. Profit Sharing Rate
    This is only filled for products with a mudharabah contract and is filled with:

18. LKMS Percentage (%)
    LKMS Percentage (%) is the profit rate that becomes the LKMS portion according to the mudharabah savings or mudharabah deposit contract.

19. Customer Percentage (%)
    Customer Percentage (%) is the profit rate that becomes the customer portion according to the mudharabah savings or mudharabah deposit contract.

20. Description
    Description is the profit sharing method, namely net revenue sharing or profit sharing.

E. Form 05.05 List of Received Funding Details

1. Format of Form 05.05 List of Received Funding Details
   Form 05.05 List of Received Funding Details is compiled according to the following format.
   Form 05.05 List of Received Funding Details a. No. b. Funder Name
   c. Funder Type
   d. Funder Identity Number e. Contract Used f. Balance/Debit Balance g. Tenor h. Profit Sharing Rate*
   i. Collateral

1. Start
2. Due Date
3. LKMS Percentage (%)
4. Funder Percentage (%)
5. Description
   *) Specifically for Deposits

2. Codes for Form 05.05 List of Received Funding Details
   Code Column a. No.
   Filled with the serial number. b. Funder Name
   Filled with the funder's name.
   c. Funder Type

3. Individual

4. Company
   d. Funder Identity Number
   Filled with the funder's identity number. e. Contract Used Filled with the type of contract used for the received funding. f. Balance/Debit Balance Filled with the nominal value of the balance/debit balance of the received funding. g. Tenor Filled with the start date and due date for the received funding. h. Profit Sharing Rate Filled with the profit sharing rate, both the percentage for LKMS, the percentage for the customer, and the profit sharing method, namely net revenue sharing or profit sharing, for products with a mudharabah and musyarakah contract.
   i. Collateral
   Filled with the type of collateral required in the provision of funding from the Funder, if any.

5. Explanation of Form 05.05 List of Received Funding Details
   a. No.
   This item is filled with the serial number. b. Funder Name This item is filled with the name of the financing provider.

6. For individuals, the name is recorded as stated on the ID card (KTP).

7. For companies/corporations/foundations and others, the name is recorded as stated in the establishment deed.
   c. Funder Type
   This item is filled with the type of funding, namely:

8. Individuals, meaning the financing provider is an individual customer.

9. Companies, meaning the financing provider is a company, corporation, foundation, and other legal entity.
   d. Funder Identity Number
   This item is filled with:

10. For individuals, the identity number is recorded as stated on the relevant ID card (KTP).

11. For companies/business entities, the identity number can use the Taxpayer Identification Number (NPWP), Business Identification Number (NIB) as stated on the sheet issued by the OSS agency, or a similar business license number issued by the competent authority for the relevant company.
    e. Contract Used
    This item is filled with the type of contract used for the received funding. f. Balance/Debit Balance This item is filled with the nominal value of the balance/debit balance of the received funding. g. Tenor This item is filled with:

12. Start
    Start is the date, month, and year the funding was received as in the contract/agreement.

13. Due Date
    Due Date is the date, month, and year the repayment of the received funds is due as in the contract/agreement. h. Profit Sharing Rate This item is only filled for funding with a mudharabah or musyarakah contract and is filled with:

14. LKMS Percentage (%)
    LKMS Percentage (%) is the percentage of profit that becomes the LKMS portion.

15. Funder Percentage (%)
    Funder Percentage (%) is the percentage that becomes the funder's portion.

16. Description
    Description is filled with the profit sharing method (net revenue sharing or profit sharing).
    i. Collateral
    This item is filled with the type of collateral required in the provision of funding from the Funder (if any), among others:

1. Land/land and buildings;
2. Machinery;
3. Motor vehicles;
4. Securities; and
5. Other forms of collateral.

X. REPORT ON THE SOURCE AND DISTRIBUTION OF ZAKAT AND WAKAF FUNDS AS WELL AS THE SOURCE AND DISTRIBUTION OF INFAK OR SEDEKAH FUNDS
A. Form 06.01 Source and Distribution of Zakat and Wakaf Funds

1. Format of Form 06.01 Source and Distribution of Zakat and Wakaf Funds
   Form 06.01 Source and Distribution of Zakat and Wakaf Funds is compiled according to the following format. Form 06.01
   06.01 Source and Distribution of Zakat and Wakaf Funds
   PT/COOPERATIVE *) LKMS .....................
   LKMS CODE ..........
   For ..........
   No. Description Amount a. Source and Distribution of Zakat Funds

1. Beginning Balance of Zakat Funds xxx
2. Source of Zakat Funds:
   a) Zakat from Internal LKMS xxx b) Zakat from External LKMS xxx Total Available Zakat Funds (1) + 2) ) xxx
3. Distribution of Zakat Funds (xxx)
4. Ending Balance of Zakat Funds (1) + 2) + 3) ) xxx
   b. Source and Distribution of Wakaf Funds
5. Beginning Balance of Wakaf Funds xxx
6. Source of Wakaf Funds:
   a) Wakaf from Internal LKMS xxx b) Wakaf from External LKMS xxx Total Available Wakaf Funds (1) + 2) ) xxx
7. Distribution of Wakaf Funds (xxx)
8. Ending Balance of Wakaf Funds (1) + 2) + 3) ) xxx
   *) Strike out what is not needed

2. Explanation of Form 06.01 Source and Distribution of Zakat and Wakaf Funds
   The Report on the Source and Distribution of Zakat and Wakaf Funds is a report that shows the source and distribution of zakat and wakaf funds during a certain period, as well as the balance of zakat and wakaf funds that have not been distributed on a certain date. This report is compiled when the LKMS performs its social function, namely the receipt and distribution of zakat and wakaf based on permission from the zakat and wakaf authority in accordance with applicable legislation. a. Source and Distribution of Zakat Funds

1. Beginning Balance of Zakat Funds
   Beginning Balance of Zakat Funds is the balance of zakat funds obtained in the previous period.
2. Source of Zakat Funds
   Source of Zakat Funds are zakat funds obtained from internal and external LKMS who are zakat payers (muzakki). a) Zakat from Internal LKMS Zakat from Internal LKMS is zakat originating from internal LKMS individuals, such as employees, owners or shareholders, and others. b) Zakat from External LKMS Zakat from External LKMS is zakat originating from LKMS customers and non-customers.
3. Distribution of Zakat Funds
   Distribution of Zakat Funds is the distribution of zakat funds to zakat management entities as regulated in applicable legislation. LKMS can only distribute received zakat funds to zakat collection agencies (Lembaga Amil Zakat) or zakat collection bodies (Badan Amil Zakat).
4. Ending Balance of Zakat Funds
   Ending Balance of Zakat Funds is the total available zakat funds minus the distribution of zakat funds in a certain period. A. Source and Distribution of Wakaf Funds
5. Beginning Balance of Wakaf Funds
   Beginning Balance of Wakaf Funds is the balance of wakaf funds obtained in the previous period.
6. Source of Wakaf Funds
   Source of Wakaf Funds are wakaf funds obtained from internal and external LKMS. a) Wakaf from Internal LKMS Wakaf from Internal LKMS is wakaf originating from internal LKMS individuals, such as employees, owners or shareholders, and others. b) Wakaf from External LKMS Wakaf from External LKMS is wakaf originating from LKMS customers and non-customers.
7. Distribution of Wakaf Funds
   Distribution of Wakaf Funds is the distribution of wakaf funds to wakaf management entities as regulated in applicable legislation. LKMS can only distribute received wakaf funds to the Indonesian Wakaf Body (Badan Wakaf Indonesia) or other nazirs in accordance with applicable legislation.
8. Ending Balance of Wakaf Funds
   Ending Balance of Wakaf Funds is the total available wakaf funds minus the distribution of wakaf funds in a certain period.

B. Form 06.02 Source and Distribution of Infak and Sedekah

1. Format of Form 06.02 Source and Distribution of Infak and Sedekah
   Form 06.02 Source and Distribution of Infak and Sedekah is compiled according to the following format. Form 06.02
   06.02 Source and Distribution of Infak and Sedekah
   PT/COOPERATIVE *) LKMS......................
   LKMS CODE..........
   For ..................
   No. Description Sub-Total Total a. Beginning Balance of Infak and Sedekah Funds xxx b. Source of Infak and Sedekah Funds:

1. Infak xxx
2. Sedekah xxx
3. Return of Infak and Sedekah Funds xxx
4. Penalties xxx
5. Non-Halal Income xxx
   Total Source of Infak and Sedekah Funds xxx
   Total Available Infak and Sedekah Funds (a) + b) ) xxx
   c. Distribution of Infak and Sedekah Funds:
6. Infak and Sedekah Funds xxx
7. Donations xxx
8. Other Uses for Public Interest xxx
9. Total Distribution of Infak and Sedekah Funds (xxx)
   d. Ending Balance of Infak and Sedekah Funds (a) + b) + c) ) xxx *) Strike out what is not needed

2. Explanation of Form 06.02 Source and Distribution of Infak and Sedekah
   The Report on the Source and Distribution of Infak and Sedekah Funds is a report that shows the source and distribution of infak and sedekah funds during a certain period, as well as the balance of infak and sedekah funds showing the infak and sedekah funds that have not been distributed on a certain date. a. Beginning Balance of Infak and Sedekah Funds Beginning Balance of Infak and Sedekah Funds is the balance of infak and sedekah funds obtained in the previous period. b. Source of Infak and Sedekah Funds Source of Infak and Sedekah Funds are funds obtained from infak, sedekah, return of infak and sedekah funds, penalties, and non-halal income.

1. Infak
   Infak is wealth expended by a person or business entity outside of zakat for public benefit.
2. Sedekah
   Sedekah is wealth or non-wealth expended by a person or business entity outside of zakat for public benefit.
3. Return of Infak and Sedekah Funds
   Is funds received from the return of infak and sedekah funds.
4. Penalties
   Penalties are receipts from customers or suppliers due to negligence or intentional acts that result in the customer not fulfilling their obligations according to the contract.
5. Non-Halal Income
   Non-Halal Income is all income from activities that do not comply with Sharia principles, including interest from conventional banks. Non-halal receipts generally occur in emergency conditions or conditions unwanted by the LKMS because they are prohibited in principle.
   c. Distribution of Infak and Sedekah Funds
   Distribution of Infak and Sedekah Funds is the use of infak and sedekah fund sources for infak and sedekah funds, donations, and other uses for public interest.

This copy is in accordance with the original
Director of Legal Development
Legal Department signed
Aat Windradi

d. Ending Balance of Benevolence Funds
Ending Balance of Infak and Sedekah Funds is the total available infak and sedekah funds minus the use of zakat funds in a certain period.

Determined in Jakarta,
On the date of 23 January 2025
EXECUTIVE HEAD OF SUPERVISOR
OF PAYMENT INSTITUTIONS,
VENTURE CAPITAL COMPANIES,
MICRO FINANCE INSTITUTIONS, AND
OTHER FINANCIAL SERVICE INSTITUTIONS
FINANCIAL SERVICES AUTHORITY
REPUBLIC OF INDONESIA,
AGUSMAN signed