Page 130 - AR DPBM-2016--SMALL

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Key Financial Highlights Management Report Dana Pensiun Bank Mandiri Profile

Asumsi Asumsi Makro 2016 | 2016 Macro Assumption
Estimasi 2015
Asumsi Makro Ekonomi RKADP 2015 2015 Estimation Optimis Macroecnomic Assumption
2015 RKADP
Assumption Optimistic Most Likely Worse
IHSG 6.000 4.850 5.500 5.350 4.900 IHSG
BI Rate 7,25% 7,25% 7,00% 7,25% 7,75% BI Rate
Nilai Tukar 11.700 s.d 11.900 13.000 s.d 13.500 13.000 sd 13.500 13.000 s.d 14.000 13.500 s.d 14.500 Exchange Rate
Economic Growth 5,50% 4,90% 5,50% 5,20% 4,70% Economic Growth
Inflasi 5,50% 4,00% 4,00% 5,00% 6,00% Inflation
Oil Prices 80 s.d 95 USD 40 sd 50 USD 50 sd 60 USD 50 s.d 60 USD 40 s.d 50 USD Oil Prices
LPS Rate 7,50% 7,25% 7,50% 7,50% 7,50% Lps Rate

Berdasarkan gambaran return instrumen investasi pada akhir Based on the return of investment instruments at the end
tahun 2015, dan mempertimbangkan indikator ekonomi of 2015, and considering these economic indicators, the
tersebut maka asumsi imbal hasil rata-rata portofolio 2016 assumptions for the average return on the 2016 portfolio were
adalah sebagai berikut: as follows:

Asumsi Asumsi Imbal Hasil Investasi 2016
Asumsi Imbal Hasil Rata-rata RKADP 2015 Okt-15 2016 ROI Assumptions Average Portfolio Assumptions
Portofolio 2015 RKADP Oct 15 Optimis
Assumption Optimistic Most Likely Worse
Rata-rata bunga deposito 9,00% 9,50% 8,25% 8,75% 9,00% Average Deposit Interest
Rata-rata bunga SBI 7,25% 7,50% 7,00% 7,25% 7,75% Average SBI Interest Rate
Rata-rata yield obligasi/KIK EBA/repo 9,00% 10,00% 9,00% 9,25% 9,50% Average Bond/KIK EBA/repo Yield
Rata-rata yield SUN 8,50% 9,00% 8,00% 8,25% 8,50% Average SUN Yield
Rata-rata return saham (capital gain 17,50% 0,00% 13,00% 10,00% 1,00% Average Stocks Return (capital gain +
+ Dividen) dividend)
Rata-rata return Reksadana 15,00% 0,00% 12,00% 9,00% 0,50% Average Mutual Fund Return
Rata-rata Dividen + SPI Penempatan 8,00% 7,00% 9,00% 9,00% 7,00% Average Dividend + SPI Direct
Langsung Placements

Atas dasar berbagai asumsi dan kondisi tersebut di atas, maka Based on the above assumptions and conditions, DPBM
DPBM memperkirakan pada akhir tahun 2016, gambaran aset estimated that by the end of 2016 DPBM assets and
dan kinerja DPBM secara garis besar adalah sebagai berikut: performance outlines were as follows:

(dalam miliar rupiah) (in billion rupiah)
Realisasi 2014 Estimasi 2015 RKADP 2016
2014 ROG
No Keterangan Realization 2015 Estimate 2016 RKADP Description
a B ( c ) d=(c-b)/b
Aset Neto Net Assets
1 Investasi (Nilai Wajar) 4.690,22 5.106,72 5.708,92 11,79% Investments (Fair Value)
2 Aset Neto 4.712,03 5.148,13 5.750,19 11,69% Net Assets
Neraca Balance Sheet
3 Investasi (Nilai Perolehan) 4.565,10 5.033,60 5.609,63 11,44% Investments (Acquisition Value)
4 SPI (Posisi) 125,12 73,12 99,29 35,79% SPI (Position)
5 SPI(Delta) 350,08 -52,00 26,17 150,34% SPI (Delta)
6 Liabilitas Manfaat Pensiun 4.586,92 5.075,01 5.650,90 11,35% Pension Benefits Liabilities
7 Penerimaan Iuran 435,57 492,47 531,01 7,82% Contributions Received
8 Manfaat Pensiun 319,42 350,16 362,26 3,46% Pension Benefits

130 Laporan Tahunan 2016 Annual Report | Dana Pensiun Bank Mandiri