EX-99.1 2 d630832dex991.htm EX-99.1 EX-99.1

Exhibit 99.1

 

LOGO

 

 

 Itaú Corpbanca and subsidiaries

 As of and for the two-month period ended February 28, 2019 and 2018

 

The financial information of Itaú Corpbanca as of and for the two-month period ended February 28, 2019 and 2018 has been published on our website in accordance with Circular N° 18 of the Superintendency of Banks and Financial Institutions (Superintendencia de Bancos e Instituciones Financieras, or SBIF) dated September 1st, 2008. The unaudited financial information included herein has been prepared in accordance with the Compendium of Accounting Standards issued by SBIF pursuant to Chilean Generally Accepted Accounting Principles (Chilean GAAP), which conform with the international standards of accounting and financial reporting issued by the International Accounting Standards Board (IASB) to the extent that there are not specific instructions or regulations to the contrary issued by the SBIF.

 

CONDENSED CONSOLIDATED BALANCE SHEET

 

 

                   
In Ch$ million                                          Feb’19              Feb’18
   

Total Loans

                        21,409,505             20,514,942  

Total Assets

                        28,873,580             28,914,941  
                            

Deposits and other demand liabilities

                        4,139,705             4,130,729  

Time deposits and other time liabilities

                        9,799,984             10,163,527  

Interbank borrowings

                        2,173,911             2,168,322  

Debt instruments issued

                        6,199,120             5,606,664  
                            

Equity

                        3,554,956             3,424,556  

Total equity attributable to equity holders of the bank

                        3,331,695             3,214,384  

Non-controlling interest

                        223,261                 210,172  

YTD CONSOLIDATED INCOME STATEMENT

 

                     
In Ch$ million            2M’19                      2M’18               2M’19 (*)              2M’18 (*)
       

Net operating profit before provision for loan losses

        155,829               165,410             190,451             181,163  

Provisions for loan losses

        (26,779)               (32,624)             (35,914)             (35,844)  

Total operating expenses

        (121,708)               (116,146)             (121,708)             (116,146)  

Operating income (Loss)

        7,342               16,640             32,829             29,173  

Income from investments in companies

        2               0             2             0  

Operating income before income taxes

        7,344               16,640             32,831             29,173  

Income taxes

        15,266               12,300             (10,221)             (233)  

Consolidated income

        22,610               28,940             22,610             28,940  
                              

Net income attributable to holders of the bank

        21,181               29,412             21,181             29,412  

Non-controlling interest

        1,429                   (472)             1,429                 (472)  

(*) Includes the reclassification of our foreign exchange gain or loss generated by hedge positions that neutralize the impacts of foreign exchange rate movements on the fiscal value of our investments abroad and on our loan loss provisions associated with our foreign currency loans.

This financial information shall be considered provisional until the official figures are published by the Superintendency of Banks and Financial Institutions.

 

      Jonathan Covarrubias Hernández        Manuel Olivares Rossetti    
      Chief Accounting Officer      Chief Executive Officer