Interest and similar income and expenses and Income of financial assets and liabilities at fair value through profit or loss

12 Months Ended

Dec. 31, 2021

Text Block [Abstract]

Interest and similar income and expenses and Income of financial assets and liabilities at fair value through profit or loss

Note 21 - Interest and similar income and expenses and Income of financial assets and liabilities at fair value through profit or loss

a) Interest and similar income

	01/01 to 12/31/2021			01/01 to 12/31/2020			01/01 to 12/31/2019
Compulsory deposits in the Central Bank of Brazil		3,613			2,242			4,734
Interbank deposits		1,203			1,102			1,173
Securities purchased under agreements to resell		9,812			9,832			16,197
Financial assets at fair value through other comprehensive income		17,193			18,089			11,386
Financial assets at amortized cost		4,820			3,629			2,582
Loan operations		92,789			79,503			81,046
Other financial assets		(177	)		(28	)		1,033
Total		129,253			114,369			118,151

b) Interest and similar expense

	01/01 to 12/31/2021			01/01 to 12/31/2020			01/01 to 12/31/2019
Deposits		(20,492	)		(17,478	)		(18,559	)
Securities sold under repurchase agreements		(8,635	)		(10,690	)		(20,473	)
Interbank market funds		(24,929	)		(28,878	)		(13,231	)
Institutional market funds		(9,865	)		(8,400	)		(6,837	)
Financial expense from technical provisions for insurance and private pension		(5,346	)		(8,121	)		(16,720	)
Other		(38	)		9			(138	)
Total		(69,305	)		(73,558	)		(75,958	)

c) Income of financial assets and liabilities at fair value through profit or loss

	01/01 to 12/31/2021			01/01 to 12/31/2020			01/01 to 12/31/2019
Securities		7,439			16,035			26,388
Derivatives (*)		9,716			(9,393	)		(70	)
Financial assets designated at fair value through profit or loss		(483	)		(118	)		(64	)
Other financial assets at fair value through profit or loss		838			—			—
Financial liabilities at fair value through profit or loss		(843	)		(9	)		—
Financial liabilities designated at fair value		11			38			(24	)
Total		16,678			6,553			26,230

(*) Includes the ineffective derivatives portion related to hedge accounting.

During the period ended 12/31/2021, ITAÚ UNIBANCO HOLDING derecognized/(recognized) R$ 1,127 of Expected Losses (R$ (419) at 12/31/2020) with reversal of R$ 10 for Financial Assets – Fair Value through Other Comprehensive Income (R$ (7) at 12/31/2020) and reversal of R$ 1,117 for Financial Assets – Amortized Cost (R$ (412) at 12/31/2020).