0001292814-12-000219.txt : 20120203 0001292814-12-000219.hdr.sgml : 20120203 20120203095050 ACCESSION NUMBER: 0001292814-12-000219 CONFORMED SUBMISSION TYPE: 6-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20120331 FILED AS OF DATE: 20120203 DATE AS OF CHANGE: 20120203 FILER: COMPANY DATA: COMPANY CONFORMED NAME: BANK OF CHILE CENTRAL INDEX KEY: 0001161125 STANDARD INDUSTRIAL CLASSIFICATION: COMMERCIAL BANKS, NEC [6029] IRS NUMBER: 000000000 FILING VALUES: FORM TYPE: 6-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-15266 FILM NUMBER: 12568147 BUSINESS ADDRESS: STREET 1: BANCO DE CHILE NEW YORK BRANCH STREET 2: 535 MADISON AVE 9TH FL CITY: NEW YORK STATE: NY ZIP: 10022 BUSINESS PHONE: 2127580909 6-K 1 bch20120203_6k.htm CONSOLIDATED STATEMENT OF FINANCIAL POSITION bch20120203_6k.htm - Generated by SEC Publisher for SEC Filing  

 

FORM 6-K
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

 

Report of Foreign Private Issuer

 

Pursuant to Rule 13a-16 or 15d-16
of the Securities Exchange Act of 1934

 

For the month of February, 2012

Commission File Number 001-15266

BANK OF CHILE
(Translation of registrant's name into English)

Ahumada 251
Santiago, Chile
(Address of principal executive offices)

Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.

Form 20-F....Ö.... Form 40-F.........

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ____

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ____

Indicate by check mark whether by furnishing the information contained in this Form, the registrant is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.

Yes ..... No...Ö.. 

 

If "Yes" is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82- ________

BANCO DE CHILE

REPORT ON FORM 6-K

 

 

 

 

 


 
 

BANCO DE CHILE

REPORT ON FORM 6-K

______________ 

Attached is an English translation of a notice published by Banco de Chile in the Chilean newspaper Diario Estrategia announcing its year-end results.

 

 

2


 
 

BANCO DE CHILE AND SUBSIDIARIES

CONSOLIDATED STATEMENT OF FINANCIAL POSITION  

For the years ended December 31, 2011 and 2010

______________ 

 

 

 

 

2011

 

2010

 

 

 

MCh$

 

MCh$

 

 

ASSETS

 

 

 

 

 

Cash and due from banks

881,146

 

772,329

 

 

Transactions in the course of collection

373,639

 

429,753

 

 

Financial assets held-for-trading

336,822

 

308,552

 

 

Receivables from Repurchase agreements and Security Borrowing

47,981

 

82,787

 

 

Derivative instruments

385,688

 

489,582

 

 

Loans and advances to banks

648,425

 

349,588

 

 

Loans to customers, net

16,993,303

 

13,988,846

 

 

Financial assets available-for-sale

1,468,898

 

1,154,883

 

 

Financial assets held-to-maturity

—  

 

—  

 

 

Investments in other companies

15,418

 

13,294

 

 

Intangible assets

35,517

 

36,373

 

 

Property and equipment

207,888

 

206,513

 

 

Current tax assets

1,407

 

5,654

 

 

Deferred tax assets

116,282

 

111,201

 

 

Other assets

228,533

 

286,021

 

 

 

 

 

 

 

 

TOTAL ASSETS

21,740,947

 

18,235,376

 

LIABILITIES

 

 

 

 

 

Current accounts and other demand deposits

4,895,426

 

4,446,181

 

 

Transactions in the course of payment

155,424

 

208,750

 

 

Payables from Repurchase Agreements and Security Lending

223,202

 

81,755

 

 

Savings accounts and time deposits

9,282,324

 

7,697,968

 

 

Derivative instruments

429,913

 

528,445

 

 

Borrowings from financial institutions

1,690,939

 

1,281,372

 

 

Debt issued

2,388,341

 

1,764,165

 

 

Other financial obligations

184,785

 

179,160

 

 

Current tax liabilities

4,502

 

2,291

 

 

Deferred tax liabilities

23,213

 

26,333

 

 

Provisions

457,938

 

404,103

 

 

Other liabilities

265,765

 

210,726

 

 

 

 

 

 

 

 

TOTAL LIABILITIES

20,001,772

 

16,831,249

 

 

 

 

 

 

 

 

EQUITY

 

 

 

 

 

Attributable to Bank’s Owners:

 

 

 

 

 

Capital

1,436,083

 

1,158,752

 

 

Reserves

119,482

 

87,386

 

 

Other comprehensive income

(2,075)

 

5,870

 

 

Retained earnings:

 

 

 

 

 

Retained earnings from previous periods

16,379

 

16,091

 

 

Income for the year

428,805

 

378,529

 

 

Less:

 

 

 

 

 

Provision for minimum dividends

(259,501)

 

(242,503)

 

 

Subtotal

1,739,173

 

1,404,125

 

 

Non-controlling interests

2

 

2

 

 

 

 

 

 

 

 

TOTAL EQUITY

1,739,175

 

1,404,127

 

 

TOTAL LIABILITIES AND EQUITY

21,740,947

 

18,256,235

 

             

 

3


 
 

BANCO DE CHILE AND SUBSIDIARIES

CONSOLIDATED STATEMENT OF FINANCIAL POSITION  

For the years ended December 31, 2011 and 2010

______________ 

 

 

 

 

 

 

 

 

 

 

2011

 

2010

 

 

 

MCh$

 

MCh$

 

A. CONSOLIDATED STATEMENT OF INCOME

 

 

 

 

 

 

 

 

 

 

 

Interest revenue

1,495,529

 

1,094,228

 

 

Interest expense

(624,209)

 

(324,377)

 

 

Net interest income

871,320

 

769,851

 

 

 

 

 

 

 

 

Income from fees and commissions

367,966

 

342,219

 

 

Expenses from fees and commissions

(59,193)

 

(49,957)

 

 

Net fees and commission income

308,773

 

292,262

 

 

 

 

 

 

 

Net financial operating income

26,927

 

19,323

 

 

Foreign exchange transactions, net

(7,973)

 

63,762

 

 

Other operating income

24,735

 

23,584

 

 

Total operating revenues

1,223,782

 

1,168,782

 

 

 

 

 

 

 

 

Provisions for loan losses

(124,840)

 

(208,590)

 

 

OPERATING REVENUES, NET OF PROVISIONS FOR LOAN LOSSES

1,098,942

 

960,192

 

 

 

 

 

 

 

 

Personnel expenses

(316,991)

 

(272,737)

 

 

Administrative expenses

(229,919)

 

(197,669)

 

 

Depreciation and amortization

(30,711)

 

(30,544)

 

 

Impairment

(631)

 

(1,044)

 

 

Other operating expenses

(35,596)

 

(43,085)

 

 

TOTAL OPERATING EXPENSES

(613,848)

 

(545,079)

 

 

 

 

 

 

 

 

NET OPERATING INCOME

485,094

 

415,113

 

 

 

 

 

 

 

 

Income attributable to associates

3,300

 

1,926

 

 

Income before income tax

488,394

 

417,039

 

 

Income tax

(59,588)

 

(38,509)

 

 

 

 

 

 

 

 

NET INCOME FOR THE YEAR

428,806

 

378,530

 

 

 

 

 

 

 

 

Attributable to:

 

 

 

 

 

Bank’s Owners

428,805

 

378,529

 

 

Non-controlling interests

1

 

1

 

 

 

 

 

 

 

 

Net income per share attributable to Bank’s Owners:

Ch$

 

Ch$

 

 

Basic net income per share

5.01

 

4.59

 

 

Diluted net income per share

5.01

 

4.59

 

                         

 

 

 

 

 

 

Héctor Hernández G,

Accounting Manager

 

Arturo Tagle Q,

Chief Executive Officer

 

 

4


 

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Date: February 03, 2012.


Banco de Chile

 

/s/ Alejandro Herrera A.

By: Alejandro Herrera A.

       Acting CEO