EX-99.1 2 d748209dex991.htm EXHIBIT 99.1 Exhibit 99.1

Exhibit 99.1

 

LOGO

Itaú Corpbanca and subsidiaries

As of and for the four-month periods ended April 30, 2019 and 2018

The financial information of Itaú Corpbanca as of and for the four-month periods ended April 30, 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

   Apr’19      Apr’18  

Total Loans

     21,635,898        20,757,945  

Total Assets

     29,712,018        28,877,262  

Deposits and other demand liabilities

     4,443,931        4,282,427  

Time deposits and other time liabilities

     9,807,924        10,074,325  

Interbank borrowings

     2,326,045        2,276,551  

Debt instruments issued

     6,315,659        5,828,308  

Equity

     3,567,581        3,464,947  

Total equity attributable to equity holders of the bank

     3,344,675        3,242,001  

Non-controlling interest

     222,906        222,946  

 

YTD CONSOLIDATED INCOME STATEMENT                  With reclasification of
Financial Hedges1
 

In Ch$ million

   4M’19      4M’18      4M’19      4M’18  

Net operating profit before provision for loan losses

     366,238        379,147        380,077        381,364  

Provisions for loan losses

     (68,251      (73      (72,311      (72,895

Total operating expenses

     (240,614      (246,815      (240,614      (246,815

Operating income (Loss)

     57’373        59,420        67,153        61,654  

Income from investments in companies

     1,934        1,451        1,934        1,451  

Operating income before income taxes

     59,307        60,871        ,69,087        63,105  

Income taxes

     (8,567      3,361        (18,347      (5,595

Consolidated income

     50,740        57,510        50,740        57,510  

Net income attributable to holders of the bank

     46,740        57,134        46,740        57,134  

Non-controlling interest

     4,000        376        4,000        376  

1 - Includes the reclassification of foreign exchange gain or loss generated by hedge positions that neutralize the impacts of exchange rate variation on the fiscal value of our investments abroad and on our loan loss provisiones associated with loans in foreing currency.

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