BUMN has Less Dividends by cebongz

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BUMN prints profit of Rp 25.43 trillion at the end of 2010

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									                    Printing Profit of Rp 25.43 trillion,BUMN has Less Dividends

BUMN prints profit of Rp 25.43 trillion at the end of 2010, up 45.89% of its profits in 2009 and then
as much as Rp 17.43 trillion. Although profits rose, the four state-owned banks is actually requesting
a reduction of dividend payments.

As quoted from the financial statements of all state-owned banks on Saturday (04/02/2011), interest
income four red plates bank also noted increased 21.36%, from interest revenue in 2009 amounted
to Rp 65.7 trillion to Rp 79 , 74 trillion at the end of 2010.

PT Bank Rakyat Indonesia Tbk (BRI) recorded a net profit of Rp 11.2 trillion during 2010. Rose 56%
compared to net income in 2009 which amounted to Rp 7.3 trillion.

The net profits was driven by interest income which is high enough to reach Rp 44.6 trillion in 2010.
Rise compared to 2009 which amounted to Rp 35.3 trillion.

While the State Savings Bank Tbk PT (BTN) record profit of Rp 915.93 billion in 2010, soaring 86.75%
from previous year profit of Rp 490.45 billion. Company 's net interest income went up, from Rp 2.14
trillion at the end of 2009 to Rp 3.32 trillion.

PT Bank Negara Indonesia Tbk (BNI) earned a profit of Rp 4.1 trillion at the end of 2010, this figure
rose to 65% of its profits in the year 2009 in the same period to Rp 2.48 trillion.

Banks with logo 46 recorded an increase in interest income by 5% from Rp 11.13 trillion in 2009 to
Rp 11.72 trillion.

Meanwhile, PT Bank Mandiri Tbk achieve a profit of Rp 9.22 trillion or an increase of 28.8%
compared to 2009 amounting to Rp 7.16 trillion.

Bank Mandiri's net interest income rose from Rp 16.8 trillion in 2009 to Rp 20.1 trillion at the end of
2010, or grew 20%.

With profits rising this high, the four state banks are claiming for the reduction of dividend payments
this year. The reason, to further improve the credit and performance in 2011.

Government through the Ministry of Finance and Ministry of SOE claims will consider the request of
the banks that have been listed in Indonesia Stock Exchange (IDX) is.

								
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