EX-99.2 3 tmb-20201117xex99d2.htm EX-99.2

Exhibit 99.2

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Itaú Corpbanca and subsidiaries

As of and for the nine-month period ended September 30, 2020 and 2019

The financial information of Itaú Corpbanca as of and for the nine-month period ended September 30, 2020 and 2019 has been published on our website in accordance with Circular No 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

    

 

    

 

    

Sep'20

    

Sep'19

Total loans

23,402,288

22,499,473

Total assets

 

 

36,731,915

32,476,801

Deposits and other demand liabilities

5,661,945

4,379,085

Time deposits and other time liabilities

12,092,389

11,030,415

Interbank borrowings

4,292,982

2,432,249

Debt instruments issued

6,179,471

6,282,910

Equity

 

 

2,573,771

3,654,204

Total equity attributable to equity holders of the Bank

2,496,130

3,427,114

Non-controlling interest

77,641

227,090

YTD CONSOLIDATED INCOME STATEMENT

With reclassification of financial

hedges1 and impairment adjustment2

In Ch$ million

    

9M'20

    

9M'19

   

    

9M'20

    

9M'19

Net operating profit before provision for loan losses

879,233

899,136

841,369

871,282

Provisions for loan losses3

(284,032)

(185,103)

(274,668)

(176,352)

Total operating expenses

(1,350,198)

(542,908)

(541,351)

(542,908)

Operating income (loss)

(754,997)

171,125

25,350

152,022

Income from investments in companies

958

2,170

958

2,170

Operating income (loss) before income taxes

(754,039)

173,295

26,308

154,192

Income taxes

9,612

(48,681)

3,566

(29,578)

Consolidated income (loss) for the period

(744,427)

124,614

29,874

124,614

Net income (loss) attributable to holders of the Bank

(736,422)

117,306

27,602

117,306

Non-controlling interest

(8,005)

7,308

2,272

7,308

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.

2 - For presentation purposes the partial impairment of the goodwill allocated to the Chilean CGU and the total impairment of the goodwill and intangible assets generated in the ITCB business combination allocated to the Colombian CGU in June 2020 have been adjusted.

3 - Includes Ch$64.5 billion of additional provisions established during the 9M period ended September 30, 2020 (Ch$6.0 billion during the 9M period ended September 30, 2019), from which Ch$15.0 billion where established in September 2020.

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