EX-99.1 2 tmb-20200610xex99d1.htm EX-99.1

Exhibit 99.1

 

itau_2010

 

 

Itaú Corpbanca and subsidiaries
As of and for the five-month period ended May 31, 2020 and 2019

 

 

The financial information of Itaú Corpbanca as of and for the five-month period ended May 31, 2020 and 2019 has been published on our website in accordance with Circular N°18 of the Chilean Commission for the Financial Market (or "CMF") dated September 1st, 2008. The unaudited financial information included herein has been prepared in accordance with the Compendium of Accounting Standards issued by CMF 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 CMF.

 

 

 

 

CONDENSED CONSOLIDATED BALANCE SHEET

 

 

In Ch$ million

 

 

 

May’20

May’19

 

 

Total loans

24,044,170

22,061,284

 

 

Total assets

 

 

 

39,707,764

31,742,869

 

 

 

 

Deposits and other demand liabilities

5,639,345

4,559,546

 

 

Time deposits and other time liabilities

12,602,297

10,078,023

 

 

Interbank borrowings

4,133,209

2,457,373

 

 

Debt instruments issued

6,712,568

6,515,953

 

 

 

 

Equity

 

 

 

3,354,830

3,583,175

 

 

Total equity attributable to equity holders of the bank

3,264,759

3,358,634

 

 

Non-controlling interest

90,071

224,541

 

 

 

 

YTD CONSOLIDATED INCOME STATEMENT

With reclassification of Financial Hedges1

 

 

 

 

In Ch$ million

5M'20

5M'19

5M'20

5M'19

 

 

Net operating profit before provision for loan losses

517,985

483,486

 

461,874

471,634

 

 

Provisions for loan losses

(164,087)

(91,091)

(149,616)

(87,600)

 

 

Total operating expenses

(294,036)

(298,636)

(294,036)

(298,636)

 

 

Operating income (loss)

59,862

93,759

 

18,222

85,398

 

 

Income from investments in companies

1,748

2,128

1,748

2,128

 

 

Operating income before income taxes

61,610

95,887

 

19,970

87,526

 

 

Income taxes

(31,625)

(30,402)

10,015

(22,041)

 

 

Consolidated income for the period

29,985

65,485

 

29,985

65,485

 

 

 

 

 

 

 

 

Net income attributable to holders of the Bank

29,369

61,094

 

29,369

61,094

 

 

Non-controlling interest

616

4,391

616

4,391

 

 

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 provisions associated with loans in foreign currency.

 

 

 

 

 

 

This financial information shall be considered provisional until the official figures are published by the Commission for the Financial Market.

 

 

 

 

 

 

Roxana Zamorano

Gabriel Moura

 

 

Chief Accounting Officer

Chief Executive Officer