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Consolidated Statement of Cash Flows - BRL (R$)
R$ in Millions
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Statement of cash flows [abstract]      
Adjusted net income R$ 93,298 R$ 60,214 R$ 60,824
Net income 28,384 15,064 27,813
Adjustments to net income: 64,914 45,150 33,011
Share-based payment (20) 217 (141)
Effects of changes in exchange rates on cash and cash equivalents 19,941 11,677 (54)
Expected Loss from Financial Assets and Claims 14,379 25,980 18,567
Income from interest and foreign exchange variation from operations with subordinated debt 24,279 20,774 4,433
Provision for insurance and private pension 9,669 10,316 15,071
Depreciation and amortization 4,233 3,729 3,561
Expense from update / charges on the provision for civil, labor, tax and legal obligations 578 893 1,925
Provision for civil, labor, tax and legal obligations 3,565 3,602 5,132
Revenue from update / charges on deposits in guarantee (376) (344) (519)
Deferred taxes (excluding hedge tax effects) 10,024 (239) 2,499
Income from share in the net income of associates and joint ventures and other investments (1,164) (1,399) (1,315)
Income from Financial assets - At fair value through other comprehensive income 2,086 (1,107) (628)
Income from interest and foreign exchange variation of financial assets at fair value through other comprehensive income (18,311) (21,057) (8,420)
Income from Interest and foreign exchange variation of financial assets at amortized cost (6,541) (8,309) (3,332)
(Gain) loss on sale of investments and fixed assets (565) (4,165) (168)
Other 3,137 4,582 (3,600)
Change in assets and liabilities (33,192) (723) (25,664)
Interbank deposits (5,590) (21,775) (6,897)
Securities purchased under agreements to resell 61,293 (21,639) 62,487
Compulsory deposits with the Central Bank of Brazil (14,533) 1,189 2,900
Loan operations (126,493) (141,951) (63,999)
Derivatives (assets / liabilities) (8,842) (2,973) 1,921
Financial assets designated at fair value through profit or loss 24,104 (107,996) (17,895)
Other financial assets (2,999) 1,841 (19,143)
Other tax assets 1,910 534 3
Other assets 506 (18,008) (9,232)
Deposits 41,362 301,950 43,636
Deposits received under securities repurchase agreements (20,516) 16,781 (73,654)
Funds from interbank markets 21,110 (18,827) 40,192
Funds from institutional markets 208 18,611 121
Other financial liabilities 15,343 1,843 19,652
Financial liabilities at fair value throught profit or loss (29) (60) 9
Provision for insurance and private pension (17,293) (9,004) 781
Provisions 709 (3,550) 673
Tax liabilities (898) (1,910) (3,526)
Other liabilities 3,341 10,048 2,568
Payment of income tax and social contribution (5,885) (5,827) (6,261)
Net cash from / (used in) operating activities 60,106 59,491 35,160
Dividends / Interest on capital received from investments in associates and joint ventures 661 487 838
Cash upon sale of investments in associates and joint ventures 623 4,982 68
Cash and Cash equivalents, net of assets and liabilities arising from the spin-off of XP Inc. (10) 0 0
Cash upon sale of fixed assets 172 331 175
Mutual rescission of intangible assets agreements 95 309 64
(Purchase) / Cash from the sale of financial assets - At fair value through other comprehensive income 14,028 (11,860) (15,746)
(Purchase) / redemptions of financial assets at amortized cost (11,296) 11,863 (19,359)
(Purchase) of investments in associates and joint ventures (33) (52) (387)
(Purchase) of fixed assets (1,414) (1,716) (1,621)
(Purchase) of intangible assets (7,667) (3,591) (2,691)
Net cash from / (used in) investment activities (4,841) 753 (38,659)
Funding from institutional markets 8,229 5,260 8,548
Redemptions in institutional markets (32,388) (10,581) (2,833)
Change in non-controllinginterests stockholders (1,414) (3,330) (1,617)
Result of delivery of treasury shares 510 494 742
Dividends and interest on capital paid to non-controlling interests (130) (506) (227)
Dividends and interest on capital paid (6,267) (11,552) (25,915)
Net cash from / (used in) financing activities (31,460) (13,555) (21,302)
Net increase / (decrease) in cash and cash equivalents 23,805 46,689 (24,801)
Cash and cash equivalents at the beginning of the period 105,823 70,811 95,558
Effects of changes in exchange rates on cash and cash equivalents (19,941) (11,677) 54
Cash and cash equivalents at the end of the period 109,687 105,823 70,811
Cash 44,512 46,224 30,367
Interbank deposits 12,555 3,888 4,561
Securities purchased under agreements to resell - Collateral held 46,820 55,711 35,883
Voluntary investments with the Central Bank of Brazil 5,800 0 0
Additional information on cash flow (Mainly Operating activities)      
Interest received 131,661 121,558 134,225
Interest paid 73,458 77,011 77,315
Non-cashtransactions      
Loans transferred to assets held for sale 0 0 0
Spin-off of XP Inc. investment 9,975 0 0
Dividends and interest on capital declared and not yet paid R$ 2,864 R$ 3,178 R$ 838