EX-99.2 3 tmb-20220712xex99d2.htm EX-99.2

Exhibit 99.2

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Itaú Corpbanca and subsidiaries

As of and for the six-month periods ended June 30, 2022 and 2021

The financial information of Itaú Corpbanca as of and for the six-month periods ended June 30, 2022 and 2021 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.

Commencing on January 1, 2022, we have implemented the regulatory changes put in place by the new accounting standards compendium issued by the CMF. The main accounting impacts generated are related to the adoption of IFRS 9, except for the impairment for accounts receivable, in addition to the amendments introduced to chapter B related to the suspension of interest accrual and credit risk provisions on contingent loans. Further details on the impacts on the financial statements can be reviewed in note 1 of our audited financial statements as of December 31, 2021, which will be available on the following link: https://s2.q4cdn.com/476556808/files/doc_downloads/2022/02/25/ITCB_Financial-Statements-with-Notes-Dec.2021_SPAN.pdf

CONDENSED CONSOLIDATED BALANCE SHEET

    

    

In Ch$ million

Jun'22

Jun'21

Total loans

26,682,488

22,872,905

Total assets

40,326,097

34,402,380

Deposits and other demand liabilities

7,078,095

6,550,657

Time deposits and other time liabilities

11,174,937

10,269,825

Interbank borrowings

5,315,090

4,453,688

Debt and regulatory capital instruments issued

7,542,140

6,335,525

Equity

3,249,172

2,366,968

Total equity attributable to equity holders of the Bank

3,245,916

2,297,933

Non-controlling interest

3,256

69,035

CONSOLIDATED INCOME STATEMENT FOR THE PERIOD

With reclassification of financial hedges1

In Ch$ million

6M'22

6M'21

6M'22

6M'21

Net operating profit before provision for loan losses

    

778,073

    

609,106

    

693,253

    

592,731

Loan losses expense2

(114,666)

(70,217)

(114,666)

(66,100)

Total operating expenses3

(354,797)

(341,050)

(354,797)

(341,050)

Operating income

308,610

197,839

223,790

185,581

Income from investments in companies

2,754

723

2,754

723

Operating income before income taxes

311,364

198,562

226,544

186,304

Income taxes

(69,857)

(39,165)

14,963

(26,907)

Consolidated income for the period

241,507

159,397

241,507

159,397

Net income attributable to holders of the Bank

241,484

157,893

241,484

157,893

Non-controlling interest

22

1,504

22

1,504

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 for both columns (2022 and 2021), and on our loan loss provisions associated with loans in foreign currency for column 2021 only.

2 - Includes Ch$21.6 billion of additional provisions established during the six-month period ended June 30, 2022 (Ch$7.0 billion established during the six-month period ended June 30, 2021).

3 - Includes $8,351 million of restructuring provision ‒ associated to non-recurring expenses related to the operational and digital transformation in Colombia ‒ established in May 2022.

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