XML 60 R53.htm IDEA: XBRL DOCUMENT v3.8.0.1
Related party transactions
12 Months Ended
Dec. 31, 2017
Related party transactions [Abstract]  
Related party transactions

47. Related party transactions

 

The parties related to the Bank include, in addition to its subsidiaries, associates and jointly controlled entities, the Bank's key management personnel and the entities over which the key management personnel may exercise significant influence or control.

 

Following is a detail of the business transactions performed by the Bank with its related parties on December 31, 2017, 2016 and 2015:

 

a) Key-person management compensation

 

The Board of Directors' meeting, held on March 28, 2017 approved, in accordance with the Compensation Committee the maximum global compensation proposal for the directors (Board of Directors and Executive Officers) overall amounting to R$300,000 for the 2017 financial year, covering fixed remuneration, variable and equity-based and other benefits. The proposal was approved by the extraordinary stockholders' meeting (ESM) held on April 28, 2017.

 

i) Long-term benefits

 

The Banco Santander as well as Banco Santander Spain, as other subsidiaries of Santander Group, have long-term compensation programs tied to  their share's performance, based on the achievement of goals.

 

ii) Short-term benefits

 

The following table shows the Board of Directors' and Executive Board's:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Thousand of reais

 

 

 

 

 

 

 

 

 

 

 

2017

 

2016

 

2015

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Fixed compensation

 

 

 

 

 

 

 

 

 

 

 

83,633

 

  90,169

 

  69,779

Variable compensation

 

 

 

 

 

 

 

 

 

139,822

 

  120,443

 

  108,087

Other

 

 

 

 

 

 

 

 

 

 

 

11,919

 

  14,579

 

  15,246

Total Short-term benefits

 

 

 

 

 

 

 

 

 

235,374

 

  225,191

 

  193,112

Share-based payment

 

 

 

 

 

 

 

 

 

3,187

 

  49,488

 

  11,777

Total Long-term benefits

 

 

 

 

 

 

 

 

 

3,187

 

  49,488

 

  11,777

Total (1)

 

 

 

 

 

 

 

 

 

 

 

238,561

 

  274,679

 

  204,889

 

(1) Refers to the amount paid by Banco Santander to its executives officers for the positions which they hold in the Bank and other companies of the conglomerate.

 

Additionally, in the exercise ended on December 31, 2017, withholding taxes were collected on management compensation in the amount of R$30,713 (2016 - R$30,312 and 2015 - R$28,044).

 

iii) Contract termination

 

The termination of the employment relationship for non-fulfillment of obligations or voluntarily does not entitle executives to any financial compensation.

 

b) Lending operations

 

Under current law, it is not granted loans or advances involving:

 

I - directors, members of board of directors and audit committee as well as their spouses and relatives up to the second degree;

II - individuals or legal entities of Banco Santander, which hold more than 10% of the share capital;

III - Legal entities which hold more than 10% of the share capital, Banco Santander and its subsidiaries; and

IV - legal entities in which any of the officers, members of the Board of Directors and Audit Committee, as well as their spouses or relatives up to the second degree, hold more than 10% of the share capital.

 

c) Ownership Interest

 

The table below shows the direct interest (common shares and preferred shares) as of December 31, 2017, 2016 and 2015:

 

 

 

2017

Common

Preferred

Total

Shares

Common

Shares

Preferred

Shares

Total

Stockholders'

(thousand)

Shares (%)

(thousand)

Shares (%)

(thousand)

Shares (%)

Grupo Empresarial Santander, S.L. (1)

  1,107,673

 

29.00%

 

  1,019,645

 

27.70%

 

2,127,318

 

28.40%

Sterrebeeck B.V. (1)

 

  1,809,583

 

47.40%

 

  1,733,644

 

47.10%

 

3,543,227

 

47.20%

Banco Santander, S.A. (1)

521,964

 

13.60%

 

519,268

 

14.10%

 

1,041,232

 

13.90%

Employees

 

3,551

 

0.10%

 

3,556

 

0.10%

 

  7,107

 

0.10%

Directors (*)

 

4,016

 

0.10%

 

4,016

 

0.10%

 

  8,032

 

0.10%

Other

 

366,063

 

9.60%

 

393,862

 

10.70%

 

  759,925

 

10.10%

Total

 

  3,812,850

 

99.80%

 

  3,673,991

 

99.80%

 

7,486,841

 

99.80%

Treasury shares

 

5,845

 

0.20%

 

5,845

 

0.20%

 

  11,690

 

0.20%

Total

 

  3,818,695

 

199.80%

 

  3,679,836

 

199.80%

 

7,498,531

 

199.80%

Free Float (2)

369,614

 

9.70%

 

397,418

 

10.80%

 

  767,032

 

10.20%

 

 

 

2016

Common

Preferred

Total

Shares

Common

Shares

Preferred

Shares

Total

Stockholders'

(thousand)

Shares (%)

(thousand)

Shares (%)

(thousand)

Shares (%)

Grupo Empresarial Santander, S.L. (1)

  1,107,673

 

28.80%

 

  1,019,645

 

27.50%

 

2,127,318

 

28.10%

Sterrebeeck B.V. (1)

 

  1,809,583

 

47.00%

 

  1,733,644

 

46.70%

 

3,543,227

 

46.90%

Banco Santander, S.A. (1)

 

521,965

 

13.60%

 

519,268

 

14.00%

 

1,041,233

 

13.80%

Qatar Holding, LLC

 

207,812

 

5.40%

 

207,812

 

5.60%

 

  415,624

 

5.50%

Employees

 

3,914

 

0.10%

 

3,929

 

0.10%

 

  7,843

 

0.10%

Members of the Board of Directors

 (*)

 

 (*)

 

 (*)

 

 (*)

 

  (*) 

 

  (*) 

Members of the Executive Board

 (*)

 

 (*)

 

 (*)

 

 (*)

 

  (*) 

 

  (*) 

Other

 

174,238

 

4.50%

 

202,028

 

5.50%

 

  376,266

 

5.00%

Total

 

  3,825,185

 

99.40%

 

  3,686,326

 

99.40%

 

7,511,511

 

99.40%

Treasury shares

 

25,786

 

0.60%

 

25,786

 

0.60%

 

  51,572

 

0.60%

Total

 

  3,850,971

 

199.40%

 

  3,712,112

 

199.40%

 

7,563,083

 

199.40%

Free Float (2)

385,964

 

10.00%

 

413,769

 

11.10%

 

  799,733

 

10.60%

 

 

2015

Common

Preferred

Total

Shares

Common

Shares

Preferred

Shares

Total

Stockholders'

(thousand)

Shares (%)

(thousand)

Shares (%)

(thousand)

Shares (%)

Grupo Empresarial Santander, S.L. (1)

  1,107,673

 

28.80%

 

  1,019,645

 

27.50%

 

2,127,318

 

28.10%

Sterrebeeck B.V. (1)

 

  1,809,583

 

47.00%

 

  1,733,644

 

46.70%

 

3,543,227

 

46.90%

Banco Santander, S.A. (1)

518,207

 

13.50%

 

519,089

 

14.00%

 

1,037,296

 

13.70%

Santander Insurance Holding (1)

3,758

 

0.10%

 

  179

 

0.00%

 

  3,937

 

0.10%

Qatar Holding, LLC

 

207,812

 

5.40%

 

207,812

 

5.60%

 

  415,624

 

5.50%

Employees

 

3,066

 

0.10%

 

3,088

 

0.10%

 

  6,154

 

0.10%

Members of the Board of Directors

 (*)

 

(*)

 

 (*)

 

(*)

 

 (*)

 

 (*)

Members of the Executive Board

 (*)

 

(*)

 

 (*)

 

(*)

 

 (*)

 

 (*)

Other

 

180,655

 

4.70%

 

208,438

 

5.60%

 

  389,093

 

5.10%

Total

 

  3,830,754

 

99.50%

 

  3,691,895

 

99.50%

 

7,522,649

 

99.50%

Treasury shares

 

20,218

 

0.50%

 

20,218

 

0.50%

 

  40,436

 

0.50%

Total

 

  3,850,972

 

199.50%

 

  3,712,113

 

199.40%

 

7,563,085

 

199.50%

Free Float (2)

391,533

 

10.20%

 

419,338

 

11.30%

 

  810,871

 

10.70%

(1) Companies of the Santander Spain Group.

(2) Composed by Employees, Qatar Holding and other.

(*) None of the members of the Board of Directors and the Executive Board holds 1.0% or more of any class of shares.

 

c.1) Qatar Holding LLC's Public Offering

 

On April 11, 2017, Banco Santander in Brazil informed its shareholders and the market in general, in furtherance of the material facts disclosed on March 28, 2017 and April 6, 2017, the settlement of the secondary public offering for the distribution of 80,000,000 units issued by Banco Santander in Brazil and held by Qatar Holding LLC (Selling Shareholder), including in the form of American Depositary Shares (ADSs), having been allocated 22,000,000 Units for the Brazilian offering and 58,000,000 ADSs for the international offering. The price per Unit was set at R$25, resulting on a total amount of R$2 billion. Additionally, the amount of Units of the international offering initially offered was increased by an additional batch of 12,000,000 Units, exclusively in the form of ADSs also held by the Selling Shareholder.

 

d) Related-Party Transactions

 

The transactions and compensation for services among Banco Santander companies are carried out under usual market value, rates and terms, and under commutatively condition.

 

Santander has a Policy for Related Party Transactions approved by the Board of Directors, which aims to ensure that all transactions typified by the policy take effect facing the interests of Banco Santander and its shareholders. The policy defines the power to approve certain transactions by the Board of Directors. The planned rules are also applied to all employees and officers of Banco Santander and its subsidiaries.

The principal transactions and balances are as follows:

 

Thousand of reais

 

2017

Parent (1)

Joint-controlled

Other Related-Party (2)

companies

Assets

 

  8,214,739

 

1,214,312

 

  926,994

Financial assets for trading

 

  (173,065)

 

  -

 

-74,873

Banco Santander, S.A. - Spain

 

  (173,065)

 

  -

 

  -

Abbey National Treasury Services Plc (2)

 

-

 

  -

 

-71,672

Real Fundo de Investimento Multimercado Santillana Credito Privado (2)

 

-

 

  -

 

-3,201

Loans and other values with credit institutions - Cash and overnight operations in foreign currency

  8,363,038

 

  -

 

  76,009

Banco Santander, S.A. - Spain  (3) (5)

 

  8,363,038

 

  -

 

  -

Banco Santander Totta, S.A. (2)

 

-

 

  -

 

  2,733

Abbey National Treasury Services Plc (2)

 

-

 

  -

 

  71,751

Bank Zachodni (2)

 

-

 

  -

 

177

Banco Santander, S.A. - Mexico (2)

 

-

 

  -

 

  1,348

Loans and advances to customers

 

  132

 

  9,661

 

  925,858

Zurich Santander Brasil Seguros e Previdência S.A.

 

-

 

  -

 

  925,835

Abbey National Treasury Services Plc  (2)

 

-

 

  -

 

23

Banco Santander Espanha (1)

 

  132

 

  -

 

  -

Webmotors S.A.

 

-

 

  9,661

 

  -

Loans and other values with credit institutions (1)

 

23,896

 

1,203,032

 

  -

Banco Santander - Spain

 

23,896

 

  -

 

  -

Banco RCI Brasil S.A.

 

-

 

1,203,032

 

  -

Other Assets

 

  738

 

  1,619

 

  -

Banco Santander - Spain

 

  738

 

  -

 

  -

Banco RCI Brasil S.A.

 

-

 

  1,619

 

  -

Liabilities

 

-12,360,383

 

-57,221

 

  (2,121,201)

Deposits of Brazil Central Bank and deposits of credit institutions

 

  (387,937)

 

-47,423

 

  (1,862,058)

Banco Santander, S.A. - Spain (4)

 

  (387,937)

 

  -

 

  -

Santander Securities Services Brasil DTVM S.A.

 

-

 

  -

 

-300,074

Santander Brasil Asset (2)

 

-

 

  -

 

-16,766

Real Fundo de Investimento Multimercado Santillana Credito Privado (2)

 

-

 

  -

 

  (1,543,752)

Banco Santander, S.A. - Uruguay (2)

 

-

 

  -

 

-1,466

Banco RCI Brasil S.A.

 

-

 

-47,423

 

  -

Customer deposits

 

-

 

-9,798

 

-222,473

ISBAN Brasil S.A.

 

-

 

  -

 

-20,893

Santander Securities Services Brasil Participações S.A. (2)

 

-

 

  -

 

-71,947

Produban Serviços de Informática S.A. (2)

 

-

 

  -

 

-34,410

Zurich Santander Brasil Seguros e Previdência S.A. (1)

 

-

 

  -

 

-55,935

Santander Brasil Gestão de Recursos Ltda.

 

-

 

  -

 

-32,334

Webmotors S.A.

 

-

 

-9,798

 

  -

Others

 

-

 

  -

 

-6,954

Other financial liabilities - Dividends and interest on capital Payable

 

-3,992,820

 

  -

 

-1,132

Banco Santander - Spain

 

  (620,264)

 

  -

 

  -

Grupo Empresarial Santander, S.L. (1)

 

-1,264,470

 

  -

 

  -

Sterrebeeck B.V. (1)

 

-2,108,086

 

  -

 

  -

Banco Madesant

 

-

 

  -

 

-1,132

Other Payables

 

  (2,050)

 

  -

 

-22,014

Banco Santander, S.A. - Spain

 

  (2,050)

 

  -

 

  -

Santander Brasil Asset (2)

 

-

 

  -

 

  (69)

ISBAN Brasil S.A. (2)

 

-

 

  -

 

237

Produban Servicios Informáticos Generales, S.L. (Produban Espanha) (2)

 

-

 

  -

 

  (905)

Santander Securities Services Brasil DTVM S.A.

 

-

 

  -

 

6,762

Zurich Santander Brasil Seguros e Previdência S.A.

 

-

 

  -

 

-27,748

Others

 

-

 

  -

 

  (291)

Debt Instruments Eligible to Compose Capital (7)

 

-7,977,576

 

  -

 

  -

Banco Santander - Spain

 

-7,977,576

 

  -

 

  -

 

Thousand of Reais

 

2016

Parent (1)

Joint-controlled

Other Related-Party (2)

companies

Assets

 

  10,919,116

 

  794,800

 

  556,778

Financial assets for trading - Derivatives net

 

  (184,304)

 

  -

 

-400,570

Banco Santander, S.A. - Spain

 

  (184,304)

 

  -

 

  -

Abbey National Treasury Services Plc (2)

 

-

 

  -

 

-91,828

Real Fundo de Investimento Multimercado Santillana Credito Privado (2)

 

-

 

  -

 

-308,742

Loans and other values with credit institutions - Cash and overnight operations in foreign currency

  10,900,941

 

  -

 

  94,530

Banco Santander, S.A. - Spain  (3) (5)

 

  10,900,941

 

  -

 

  -

Banco Santander Totta, S.A. (2)

 

-

 

  -

 

  1,261

Abbey National Treasury Services Plc (2)

 

-

 

  -

 

  92,118

Bank Zachodni (2)

 

-

 

  -

 

117

Banco Santander, S.A. - Mexico (2)

 

-

 

  -

 

  1,034

Loans and advances to customers

 

-

 

  136,354

 

  862,818

Zurich Santander Brasil Seguros e Previdência S.A.

 

-

 

  -

 

  862,553

Webmotors S.A.

 

-

 

  136,354

 

  -

Santander Brasil Gestão de Recursos Ltda.

 

-

 

  -

 

265

Loans and other values with credit institutions (1)

 

25,546

 

  656,806

 

  -

Banco Santander - Spain

 

25,546

 

  -

 

  -

Banco RCI Brasil S.A.

 

-

 

  656,806

 

  -

Other Assets

 

176,933

 

  1,640

 

  -

Banco Santander - Spain

 

176,933

 

  -

 

  -

Banco RCI Brasil S.A.

 

-

 

  1,640

 

  -

Liabilities

 

-11,984,199

 

-106,527

 

  (1,222,556)

Deposits of Brazil Central Bank and deposits of credit institutions

 

  (327,466)

 

-40,202

 

-980,702

Banco Santander, S.A. - Spain (4)

 

  (327,466)

 

  -

 

  -

Santander Securities Services Brasil DTVM S.A.

 

-

 

  -

 

-208,059

Santander Brasil Asset

 

-

 

  -

 

-12,079

Real Fundo de Investimento Multimercado Santillana Credito Privado (2)

 

-

 

  -

 

-757,874

Banco Santander, S.A. - Uruguay (2)

 

-

 

  -

 

-2,158

Banco RCI Brasil S.A.

 

-

 

-40,202

 

  -

Others

 

-

 

  -

 

  (532)

Customer deposits

 

-

 

-66,325

 

-189,794

ISBAN Brasil S.A. (2)

 

-

 

  -

 

-22,232

Santander Securities Services Brasil Participações S.A. (2)

 

-

 

  -

 

-52,484

Produban Serviços de Informática S.A. (2)

 

-

 

  -

 

-19,653

Zurich Santander Brasil Seguros e Previdência S.A.

 

-

 

  -

 

-44,840

Santander Brasil Gestão de Recursos Ltda

 

-

 

  -

 

-39,361

Webmotors S.A.

 

-

 

-66,325

 

  -

Others

 

-

 

  -

 

-11,224

Other financial liabilities - Dividends and interest on capital Payable

 

-3,794,130

 

  -

 

-16,494

Banco Santander - Spain

 

  (589,227)

 

  -

 

  -

Grupo Empresarial Santander, S.L. (1)(2)

 

-1,201,612

 

  -

 

  -

Sterrebeeck B.V. (1)

 

-2,003,291

 

  -

 

  -

Banco Madesant

 

-

 

  -

 

-1,075

Santusa Holding, S.L. (2)

 

-

 

  -

 

-15,419

Other Payables

 

  (2,954)

 

  -

 

-35,566

Banco Santander - Spain

 

  (2,954)

 

  -

 

  -

Santander Brasil Asset

 

-

 

  -

 

  (70)

ISBAN Brasil S.A. (2)

 

-

 

  -

 

  (339)

Santander Securities Services Brasil Participações S.A. (2)

 

-

 

  -

 

-4,430

Zurich Santander Brasil Seguros e Previdência S.A.

 

-

 

  -

 

-30,684

Others

 

-

 

  -

 

  (43)

Debt Instruments Eligible to Compose Capital

 

-7,859,649

 

  -

 

  -

Banco Santander - Spain

 

-7,859,649

 

  -

 

  -

 

Thousand of Reais

 

2015

Parent (1)

Joint-controlled

Other Related-Party (2)

companies

Assets

 

  23,245,276

 

  954,190

 

  805,572

Financial assets for trading - Derivatives net

 

  (265,491)

 

  -

 

-536,215

Banco Santander, S.A. - Spain

 

  (265,491)

 

  -

 

  -

Abbey National Treasury Services Plc (2)

 

-

 

  -

 

-156,976

Real Fundo de Investimento Multimercado Santillana Credito Privado

 

-

 

  -

 

-379,239

Loans and other values with credit institutions - Cash and overnight operations in foreign currency

  23,248,821

 

  -

 

  136,634

Banco Santander, S.A. - Spain  (3) (5)

 

  23,248,821

 

  -

 

  -

Banco Santander Totta, S.A.

 

-

 

  -

 

  1,303

Abbey National Treasury Services Plc

 

-

 

  -

 

  135,165

Bank Zachodni

 

-

 

  -

 

101

Banco Santander, S.A. - México

 

-

 

  -

 

65

Loans and advances to customers

 

-

 

  11,112

 

1,205,153

Zurich Santander Brasil Seguros e Previdência S.A.

 

-

 

  -

 

  753,581

Webmotors S.A.

 

-

 

  11,112

 

  -

Santander Brasil Gestão de Recursos Ltda

 

-

 

  -

 

186

BW Guirapá

 

-

 

  -

 

  451,386

Loans and other values with credit institutions (1)

 

26,414

 

  940,236

 

  -

Banco Santander - Spain

 

26,414

 

  -

 

  -

Companhia de Crédito, Financiamento e Investimento RCI Brasil (7)

 

-

 

  939,861

 

  -

Banco RCI Brasil S.A. (7)

 

-

 

375

 

  -

Other Assets

 

235,532

 

  2,842

 

  -

Banco Santander - Spain

 

235,532

 

  -

 

  -

Companhia de Crédito, Financiamento e Investimento RCI Brasil (7)

 

-

 

  2,276

 

  -

Banco RCI Brasil S.A. (7)

-

 

566

 

  -

 

Liabilities

 

-12,155,786

 

-255,330

 

-937,572

Deposits of Brazil Central Bank and deposits of credit institutions

 

  (219,037)

 

-37,796

 

-650,620

Banco Santander, S.A. - Spain (4)

 

  (219,037)

 

  -

 

  -

Companhia de Crédito, Financiamento e Investimento RCI Brasil (7)

 

-

 

-31,656

 

  -

Santander Brasil Asset

 

-

 

  -

 

-12,360

Real Fundo de Investimento Multimercado Santillana Credito Privado

 

-

 

  -

 

-616,399

Banco Santander, S.A. - Uruguay

 

-

 

  -

 

-20,533

Banco RCI Brasil S.A. (7)

 

-

 

-6,140

 

  -

Others

 

-

 

  -

 

-1,328

Marketable debt securities

 

  (12,416)

 

  -

 

  -

Banco Santander, S.A. - Spain (6)

 

  (12,416)

 

  -

 

  -

Customer deposits

 

-

 

-217,534

 

-285,870

ISBAN Brasil S.A.

 

-

 

  -

 

-43,842

Santander Securities Services Brasil Participações S.A. (2)

 

-

 

  -

 

  (679)

Produban Serviços de Informática S.A.

 

-

 

  -

 

-29,993

Zurich Santander Brasil Seguros e Previdência S.A.

 

-

 

  -

 

-109,506

Santander Brasil Gestão de Recursos Ltda

 

-

 

  -

 

-72,182

Webmotors S.A.

 

-

 

-217,534

 

  -

Others

 

-

 

  -

 

-29,668

Other financial liabilities - Dividends and interest on capital Payable

 

-2,488,510

 

  -

 

  (705)

Banco Santander, S.A. - Spain

 

  (385,067)

 

  -

 

  -

Grupo Empresarial Santander, S.L. (1)

 

  (788,119)

 

  -

 

  -

Santander Insurance Holding, S.L. 

 

  (1,398)

 

  -

 

  -

Sterrebeeck B.V. (1)

 

-1,313,926

 

  -

 

  -

Banco Madesant

 

-

 

  -

 

  (705)

Other Payables

 

-

 

  -

 

  (377)

Santander Brasil Asset

 

-

 

  -

 

  (68)

ISBAN Brasil S.A.

 

-

 

  -

 

  (309)

Debt Instruments Eligible to Compose Capital

 

-9,435,823

 

  -

 

  -

Banco Santander - Spain (7)

 

-9,435,823

 

  -

 

  -

 

 

(*) All loans and other amounts with related parties were made in the ordinary course of business and on sustainable basis, including interest rates and collateral and did not involve more than the normal risk of collectability or present other unfavorable features.

 

(1) Banco Santander (Brasil) S.A. is indirectly controlled by Banco Santander Spain (note 1-a), through its subsidiary Grupo Empresarial Santander, S.L. and Sterrebeeck B.V.

(2) Refers to the Company's subsidiaries (Banco Santander Spain).

(3) In December 31, 2017, refers to the cash of R$587,531 (2016 - R$582,571 and 2015 - R$1,866,683).

(4) As of December 31, 2017, refers to raising funds through operations transfers abroad amounted to R$387,937 (2016 - R$327,466 and 2015 - R$219,037), with maturity until November, 2018 and interest between 0.56% and 6.65%p.y.

(5) On December 31, 2017, include foreign currency investments (overnight applications) due on January 2, 2018 in the amount of R$7,384,335 (2016 - R$10,269,812 and 2015 - R$20,699,539) and interest of 1.43% p.a held at Santander Brasil EFC, Banco Santander Brasil and its Grand Cayman Branch.

(6) Refers the emissions of Eurobonds of Grand Cayman Branch, maturing between from January 16 2016 to February 13, 2017 and interest of 3.152% p.a and 4.625% p.a.

(7)  Refers to the portion acquired by the controller with the PR Optimization Plan held in the first half of 2014.

(8) In February, 2016 the Cia de Crédito, Financiamento e Investimentos Renault was acquired by Banco RCI Brasil.

 

 

Thousand of Reais

 

2017

Parent (1)

Joint-controlled

Other Related-Party (2)

companies

Income

 

389,663

 

  126,781

 

1,210,444

Interest and similar income - Loans and amounts due from credit institutions

87,217

  87,381

  1,417

Banco Santander, S.A. - Spain

 

87,217

 

  -

 

  -

Banco RCI Brasil S.A.  (6)

 

-

 

  87,381

 

  -

Abbey National Treasury Services Plc

 

-

 

  -

 

879

Cibrasec

 

-

 

  -

 

538

Interest expense and similar charges - Customer deposits

 

-

 

-4,486

 

-41,026

ISBAN Brasil S.A.

 

-

 

  -

 

-2,145

Santander Securities Services Brasil Participações S.A.

 

-

 

  -

 

-6,190

Santander Brasil Gestão de Recursos Ltda

 

-

 

  -

 

-6,636

Santander Securities Services Brasil DTVM S.A.

 

-

 

  -

 

-24,344

Santander Cultural

 

-

 

  -

 

  (69)

Webmotors S.A.

 

-

 

-4,486

 

  -

Produban Serviços de Informática S.A.

 

-

 

  -

 

-1,547

Others

 

-

 

  -

 

  (95)

Interest expense and similar charges - Deposits from credit institutions

 

  (13,038)

 

-3,026

 

-113,569

Banco Santander, S.A. - Spain

 

  (13,038)

 

  -

 

  -

Banco RCI Brasil S.A.  (6)

 

-

 

-3,026

 

  -

SAM Brasil Participações

 

-

 

  -

 

  (95)

Real Fundo de Investimento Multimercado Santillana Credito Privado

 

-

 

  -

 

-112,211

Santander Asset Management, S.A. SGIIC.

 

-

 

  -

 

-1,263

Fee and commission income (expense)

 

  (5,099)

 

  14,999

 

2,453,179

Banco Santander, S.A. - Spain

 

  (5,099)

 

  -

 

  -

Banco RCI Brasil S.A.  (6)

 

-

 

  14,996

 

  -

Banco Santander International

 

-

 

  -

 

  20,480

Webmotors S.A.

 

-

 

3

 

  -

Zurich Santander Brasil Seguros S.A.

 

-

 

  -

 

  295,508

Zurich Santander Brasil Seguros e Previdência S.A.

 

-

 

  -

 

2,134,755

Others

 

-

 

  -

 

  2,436

Gains (losses) on financial assets and liabilities (net) and exchange differences (net)

 

592,919

 

  31,913

 

-39,534

Banco Santander, S.A. - Spain

 

592,919

 

  -

 

  -

Real Fundo de Investimento Multimercado Santillana Credito Privado

 

-

 

  -

 

-79,480

Abbey National Treasury Services Plc

 

-

 

  -

 

  23,843

Banco RCI Brasil S.A.  (6)

 

-

 

  31,913

 

  -

Santander Securities Services Brasil DTVM S.A. (2)

 

-

 

  -

 

-26,102

Santander Investment Securities Inc.

 

-

 

  -

 

-13,492

Zurich Santander Brasil Seguros e Previdência S.A.

 

-

 

  -

 

  52,981

Zurich Santander Brasil Seguros  S.A.

 

-

 

  -

 

  1,788

Others

 

-

 

  -

 

928

Administrative expenses and Amortization

 

  (50,271)

 

  -

 

  (1,028,750)

Banco Santander, S.A. - Spain

 

  (50,271)

 

  -

 

  -

ISBAN Brasil S.A.

 

-

 

  -

 

-337,161

Produban Serviços de Informática S.A.

 

-

 

  -

 

-242,191

ISBAN Chile S.A.

 

-

 

  -

 

  (23)

Aquanima Brasil Ltda.

 

-

 

  -

 

-25,638

TECBAN - Tecnologia Bancaria Brasil

 

-

 

  -

 

-262,046

Produban Servicios Informaticos Generales, S.L.

 

-

 

  -

 

-46,494

Ingeniería de Software Bancario, S.L.

 

-

 

  -

 

-70,385

Santander Securities Services Brasil Participações S.A. (2)

 

-

 

  -

 

-42,603

Others

 

-

 

  -

 

-2,209

Others Administrative expenses - Donation

 

-

 

  -

 

-21,273

Santander Cultural

 

-

 

  -

 

-3,513

Fundacao Santander

 

-

 

  -

 

-1,837

Instituto Escola Brasil

 

-

 

  -

 

  (873)

Fundação Sudameris

 

-

 

  -

 

-15,050

Debt Instruments Eligible to Compose Capital

 

  (222,065)

 

  -

 

  -

Banco Santander Espanha 

 

  (222,065)

 

  -

 

  -

 

Thousand of Reais

 

2016

Parent (1)

Joint-controlled

Other Related-Party (2)

companies

Income

 

  (798,022)

 

  136,111

 

1,197,489

Interest and similar income - Loans and amounts due from credit institutions

39,677

  114,909

396

Banco Santander, S.A. - Spain

 

39,677

 

  -

 

  -

Companhia de Crédito, Financiamento e Investimento RCI Brasil (6)

 

-

 

  114,909

 

  -

Abbey National Treasury Services Plc

 

-

 

  -

 

396

Interest expense and similar charges - Customer deposits

 

  (4,192)

 

-26,996

 

-49,420

ISBAN Brasil S.A.

 

-

 

  -

 

-3,560

Banco Santander, S.A. - Spain

 

  (4,192)

 

  -

 

  -

Santander Brasil Gestão de Recursos Ltda

 

-

 

  -

 

-12,417

Santander Cultural

 

-

 

  -

 

  (11)

Real Fundo de Investimento Multimercado Santillana Credito Privado

 

-

 

  -

 

-31,097

Webmotors S.A.

 

-

 

-26,996

 

  -

Produban Serviços de Informática S.A.

 

-

 

  -

 

-2,117

Others

 

-

 

  -

 

  (218)

Interest expense and similar charges - Deposits from credit institutions

 

-512

 

-10,959

 

-115,458

Banco Santander, S.A. - Spain

 

-512

 

  -

 

  -

Banco RCI Brasil S.A.  (6)

 

-

 

-10,959

 

  -

Santander Securities Services Brasil DTVM S.A.

 

-

 

  -

 

-20,979

SAM Brasil Participações

 

-

 

  -

 

  (133)

Real Fundo de Investimento Multimercado Santillana Credito Privado

 

-

 

  -

 

-88,467

Santander Securities Services Brasil Participações S.A. (2)

 

-

 

  -

 

-4,119

Santander Asset Management, S.A. SGIIC.

 

-

 

  -

 

-1,760

Fee and commission income (expense)

 

5,334

 

  20,133

 

1,955,255

Banco Santander, S.A. - Spain

 

5,334

 

  -

 

  -

Banco RCI Brasil S.A. (Current Company Name of Social da RCI Brasil Leasing) (6)

 

-

 

  19,211

 

  -

Banco Santander International

 

-

 

  -

 

  20,959

Santander Securities Services Brasil DTVM S.A.

 

-

 

 -

 

  1,896

Webmotors S.A.

 

-

 

922

 

  -

Zurich Santander Brasil Seguros S.A.

 

-

 

  -

 

  218,773

Zurich Santander Brasil Seguros e Previdência S.A.

 

-

 

  -

 

1,711,138

Others

 

-

 

  -

 

  2,489

Gains (losses) on financial assets and liabilities (net) and exchange differences (net)

 

  (613,168)

 

  39,024

 

  267,983

Banco Santander, S.A. - Spain

 

  (613,168)

 

  -

 

  -

Real Fundo de Investimento Multimercado Santillana Credito Privado

 

-

 

  -

 

  257,475

Abbey National Treasury Services Plc

 

-

 

  -

 

  38,274

Banco RCI Brasil S.A. (Current Company Name of RCI Brasil Leasing) (6)

 

-

 

  39,024

 

  -

Santander Securities Services Brasil DTVM S.A.

 

-

 

  -

 

-16,038

Santander Investment Securities Inc.

 

-

 

  -

 

-15,115

Others

 

-

 

  -

 

  3,387

Administrative expenses and Amortization

 

-

 

  -

 

-840,739

ISBAN Brasil S.A.

 

-

 

  -

 

-290,430

Produban Serviços de Informática S.A.

 

-

 

  -

 

-209,253

ISBAN Chile S.A.

 

-

 

  -

 

  (26)

Aquanima Brasil Ltda.

 

-

 

  -

 

-24,557

TECBAN - Tecnologia Bancaria Brasil

 

-

 

  -

 

-213,194

Produban Servicios Informaticos Generales, S.L.

 

-

 

  -

 

-21,525

Ingeniería de Software Bancario, S.L.

 

-

 

  -

 

-42,519

Santander Securities Services Brasil DTVM S.A.

 

-

 

 

 

-35,882

Others

 

-

 

  -

 

-3,353

Others Administrative expenses - Donation

 

-

 

  -

 

-20,528

Santander Cultural

 

-

 

  -

 

-2,737

Fundacao Santander

 

-

 

  -

 

-3,452

Instituto Escola Brasil

 

-

 

  -

 

  (939)

Fundação Sudameris

 

-

 

  -

 

-13,400

Debt Instruments Eligible to Compose Capital

 

  (225,161)

 

  -

 

  -

Banco Santander Espanha

 

  (225,161)

 

  -

 

  -

 

Thousand of Reais

 

2015

Parent (1)

Joint-controlled

Other Related-Party (2)

companies

Income

 

  (761,189)

 

  189,182

 

2,504,302

Interest and similar income - Loans and amounts due from credit institutions

31,930

  163,684

104

Banco Santander, S.A. - Spain

 

31,930

 

  -

 

  -

Companhia de Crédito, Financiamento e Investimento RCI Brasil (6)

 

-

 

  163,684

 

  -

Abbey National Treasury Services Plc

 

-

 

  -

 

104

Interest expense and similar charges - Customer deposits

 

-

 

-25,330

 

-28,508

ISBAN Brasil S.A.

 

-

 

  -

 

-7,841

Santander Brasil Gestão de Recursos Ltda

 

-

 

  -

 

-14,302

Webmotors S.A.

 

-

 

-25,330

 

  -

Produban Serviços de Informática S.A.

 

-

 

  -

 

-3,752

Others

 

-

 

  -

 

-2,613

Interest expense and similar charges - Deposits from credit institutions

 

-311

 

-1,447

 

-89,636

Banco Santander, S.A. - Spain

 

-311

 

  -

 

  -

Banco RCI Brasil S.A. (Current Company Name of RCI Brasil Leasing) (6)

 

-

 

-1,447

 

  -

Real Fundo de Investimento Multimercado Santillana Credito Privado

 

-

 

  -

 

-15,584

Santander Securities

 

-

 

  -

 

-71,939

Santander Asset Management, S.A. SGIIC.

 

-

 

  -

 

-2,113

Fee and commission income (expense)

 

  (8,022)

 

  21,376

 

1,883,916

Companhia de Crédito, Financiamento e Investimento RCI Brasil (6)

 

  (8,022)

 

  -

 

  -

Banco RCI Brasil S.A.  (6)

 

-

 

  3,863

 

  -

Banco Santander, S.A. - Spain

 

-

 

  16,579

 

  -

Webmotors S.A.

 

-

 

  -

 

  8,804

Zurich Santander Brasil Seguros S.A.

 

-

 

934

 

  -

Zurich Santander Brasil Seguros e Previdência S.A.

 

-

 

  -

 

  248,824

Others

 

-

 

  -

 

1,626,288

Gains (losses) on financial assets and liabilities (net) and exchange differences (net)

 

  (406,523)

 

  30,899

 

  953,678

Banco Santander, S.A. - Spain

 

  (406,523)

 

  -

 

  -

Santander Benelux, S.A., N.V.

 

-

 

  -

 

  424,182

Real Fundo de Investimento Multimercado Santillana Credito Privado

 

-

 

  -

 

  602,557

Abbey National Treasury Services Plc

 

-

 

  -

 

-88,881

Companhia de Crédito, Financiamento e Investimento RCI Brasil (6)

 

-

 

  30,899

 

  -

Others

 

-

 

  -

 

  15,820

Administrative expenses and Amortization

 

-

 

  -

 

-982,135

ISBAN Brasil S.A.

 

-

 

  -

 

-406,662

Produban Serviços de Informática S.A.

 

-

 

  -

 

-205,137

ISBAN Chile S.A.

 

-

 

  -

 

-1,024

Aquanima Brasil Ltda.

 

-

 

  -

 

-24,075

TECBAN - Tecnologia Bancaria Brasil

 

-

 

  -

 

-160,563

Produban Servicios Informaticos Generales, S.L.

 

-

 

  -

 

-22,834

Konecta Brazil Outsourcing Ltda

 

-

 

  -

 

-98,492

Ingeniería de Software Bancario, S.L.

 

-

 

  -

 

-57,293

Others

 

-

 

  -

 

-6,055

Others Administrative expenses - Donation

 

-

 

  -

 

-18,071

Santander Cultural

 

-

 

  -

 

-3,231

Fundacao Santander

 

-

 

  -

 

-3,500

Instituto Escola Brasil

 

-

 

  -

 

-1,140

Fundação Sudameris

 

-

 

  -

 

-10,200

Debt Instruments Eligible to Compose Capital

 

  (378,263)

 

  -

 

  -

Banco Santander, S.A. - Spain (2)(8)

 

  (378,263)

 

  -

 

  -

Resultado na alienação de ativos não correntes mantidos para venda não classificados como operações descontinuadas

 

-

 

  -

 

  784,954

Capital Riesgo Global (3)

 

-

 

  -

 

  34,404

Santander Securities Services Brasil Participações S.A. (5)

 

-

 

  -

 

  750,550

(1) Banco Santander (Brasil) S.A. is indirectly controlled by Banco Santander Spain, through its subsidiary Grupo Empresarial Santander, S.L. and Sterrebeeck B.V.

(2) Refers to the Company's subsidiaries (Banco Santander, S.A .- Spain).

(3) Refers the profit on disposal of the company MS Participações.

(4) Refers the profit on disposal of the company Santander Brasil Asset Management.

(5) Refers the profit on disposal of the company Santander Securities Services Brasil DTVM S.A.

(6) In February, 2016 the Cia de Crédito, Financiamento e Investimentos Renault was acquired by Banco RCI Brasil.