44. Business segment reporting (Tables)

12 Months Ended

Dec. 31, 2020

Business Segment Reporting Tables Abstract

Income statements and other significant data

The income statements and other significant data are as follows:

Thousand of reais	2020
(Condensed) Income Statement	Commercial Banking	Global Wholesale Banking	Total
NET INTEREST INCOME	41,457,352	2,985,361	44,442,713
Income from equity instruments	3,617	30,137	33,754
Income from companies accounted for by the equity method	84,051	28,210	112,261
Net fee and commission income	14,405,280	1,822,934	16,228,214
Gains (losses) on financial assets and liabilities (net) and Exchange differences (net) (1)	(13,515,305)	1,812,403	(11,702,902)
Other operating expense (net)	(767,088)	(105,422)	(872,510)
TOTAL INCOME	41,667,906	6,573,623	48,241,529
Personnel expenses	(8,139,785)	(731,697)	(8,871,482)
Other administrative expenses	(7,634,670)	(608,808)	(8,243,478)
Depreciation and amortization	(2,488,517)	(90,610)	(2,579,127)
Provisions (net)	(1,638,787)	(17,759)	(1,656,546)
Impairment losses on financial assets (net)	(17,379,570)	(70,619)	(17,450,189)
Impairment losses on non-financial assets (net)	(28,403)	(56,504)	(84,907)
Other non-financial gains (losses)	308,176	-	308,176
OPERATING PROFIT BEFORE TAX (1)	4,666,350	4,997,625	9,663,975
Currency Hedge(1)	13,583,011	-	13,583,011
ADJUSTED OPERATING INCOME BEFORE TAX (1)	18,249,361	4,997,626	23,246,987

Thousand of reais	2019
(Condensed) Income Statement
NET INTEREST INCOME	Commercial Banking	Global Wholesale Banking	Total
Income from equity instruments
Income from companies accounted for by the equity method	42,043,774	2,277,333	44,321,107
Net fee and commission income	4,864	14,069	18,933
Gains (losses) on financial assets and liabilities (net) and Exchange differences (net) (1)	149,488	-	149,488
Other operating expense (net)	13,923,272	1,789,880	15,713,152
TOTAL INCOME	(1,541,343)	1,215,351	(325,992)
Personnel expenses	(1,069,052)	(38,668)	(1,107,720)
Other administrative expenses	53,511,003	5,257,965	58,768,968
Depreciation and amortization	(8,554,254)	(773,460)	(9,327,714)
Provisions (net)	(7,139,828)	(473,984)	(7,613,812)
Impairment losses on financial assets (net)	(2,297,010)	(94,847)	(2,391,857)
Impairment losses on non-financial assets (net)	(3,668,709)	(12,877)	(3,681,586)
Other non-financial gains (losses)	(13,423,361)	53,455	(13,369,906)
OPERATING PROFIT BEFORE TAX (1)	(73,216)	(58,219)	(131,435)
Currency Hedge(1)	20,489	-	20,489
ADJUSTED OPERATING INCOME BEFORE TAX (1)	18,375,114	3,898,033	22,273,147
NET INTEREST INCOME	1,264,279	-	1,264,279
Income from equity instruments	19,639,393	3,898,033	23,537,426

(1) Includes, in the Commercial Bank, the currency hedge of the investment in dollars (a strategy to mitigate the tax effects and the variation of the exchange rate of offshore investments on net income), the result of which is recorded under “on financial assets and liabilities "fully offset in the line of Taxes.

Thousand of reais	2018
(Condensed) Income Statement	Commercial Banking	Global Wholesale Banking	Total
NET INTEREST INCOME	39,390,512	2,530,830	41,921,342
Income from equity instruments	9,974	22,649	32,623
Income from companies accounted for by the equity method	65,958	-	65,958
Net fee and commission income	12,537,112	1,595,047	14,132,159
Gains (losses) on financial assets and liabilities (net) and Exchange differences (net) (1)	(6,752,093)	1,162,820	(5,589,273)
Other operating expense (net)	(965,466)	(90,384)	(1,055,850)
TOTAL INCOME	44,285,998	5,220,961	49,506,959
Personnel expenses	(8,404,198)	(801,809)	(9,206,007)
Other administrative expenses	(7,186,035)	(400,096)	(7,586,131)
Depreciation and amortization	(1,637,484)	(102,475)	(1,739,959)
Provisions (net)	(1,947,578)	(52,026)	(1,999,604)
Impairment losses on financial assets (net)	(12,419,979)	(293,456)	(12,713,435)
Impairment losses on non-financial assets (net)	(450,201)	(58,109)	(508,310)
Other non-financial gains (losses)	156,258	-	156,258
OPERATING PROFIT BEFORE TAX (1)	12,396,779	3,512,992	15,909,771
Currency Hedge(1)	5,867,320	-	5,867,320
ADJUSTED OPERATING INCOME BEFORE TAX (1)	18,264,099	3,512,992	21,777,091

(1) Includes, at Banco Comercial, the foreign exchange hedge of the dollar investment (a strategy to mitigate the tax effects and exchange rate variation of offshore investments on net income), the result of which is recorded in “Gains (losses) on financial assets and liabilities ”fully offset in the Tax line.

Other aggregates

	2020
Other aggregates:		Commercial Banking	Global Wholesale Banking	Total
Total assets		839,962,420	96,239,065	936,201,485
Loans and advances to customers		317,553,409	76,214,628	393,768,037
Customer deposits		322,328,033	123,485,939	445,813,972
	2019
Other aggregates:		Commercial Banking	Global Wholesale Banking	Total
Total assets		677,139,468	85,097,984	762,237,452
Loans and advances to customers		259,644,994	67,054,486	326,699,480
Customer deposits		253,313,187	83,201,410	336,514,597
	2018
Other aggregates:		Commercial Banking	Global Wholesale Banking	Total
Total assets		646,128,672	77,736,335	723,865,007
Loans and advances to customers		237,411,240	64,280,147	301,691,387
Customer deposits		227,689,079	76,508,721	304,197,800