EX-99.2 3 tmb-20230511xex99d2.htm EX-99.2 _

Exhibit 99.2

 

Graphic

 

 

Banco Itaú Chile and subsidiaries
As of and for the four-month periods ended April 30, 2023 and 2022

 

 

 

The financial information of Banco Itaú Chile as of and for the four-month periods ended April 30, 2023 and 2022 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.

 

 

 

CONDENSED CONSOLIDATED BALANCE SHEET

 

 

In Ch$ million

 

 

 

Apr'23

Apr'22

 

 

Total loans

26,837,705

25,715,734

 

 

Total assets

 

 

 

40,784,932

37,925,353

 

 

 

 

Deposits and other demand liabilities

5,443,233

7,214,890

 

 

Time deposits and other time liabilities

12,845,790

10,321,246

 

 

Interbank borrowings

4,791,474

4,979,818

 

 

Debt and regulatory capital instruments issued

8,206,936

7,141,968

 

 

 

 

Equity

 

 

 

3,416,717

3,202,708

 

 

Total equity attributable to equity holders of the Bank

3,414,095

3,199,554

 

 

Non-controlling interest

2,622

3,155

 

 

 

 

CONSOLIDATED INCOME STATEMENT FOR THE PERIOD

With reclassification of financial hedges1

 

 

 

 

In Ch$ million

4M'23

4M'22

4M'23

4M'22

 

 

Net operating profit before provision for loan losses2

453,075

451,086

500,292

438,204

 

 

Loan losses expense3

(117,295)

(56,806)

(117,295)

(56,806)

 

 

Total operating expenses4

(234,494)

(224,146)

(234,494)

(224,146)

 

 

Operating income

101,286

170,134

148,503

157,252

 

 

Income from investments in companies

1,947

2,376

1,947

2,376

 

 

Operating income before income taxes

103,233

172,510

150,450

159,628

 

 

Income taxes

44,300

(11,761)

(2,917)

1,121

 

 

Consolidated income for the period

147,533

160,749

147,533

160,749

 

 

 

 

 

 

 

Net income attributable to holders of the Bank

147,512

160,711

147,512

160,711

 

 

Non-controlling interest

21

38

21

38

 

 

 

 

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.

2 - Net operating profit before provision for loan losses includes $60,725 million corresponding to the up-front payment received for the granting of the right to exclusive access to Cardif to the bank's distribution channels, the implementation of which was completed in April 2023.

3‒ Includes Ch$6.6 billion of additional provisions established during the period ended April 30, 2022.

4- Includes $3,701 million of restructuring provision ‒ associated to non-recurring expenses related to the operational and digital transformation in Chile ‒ established in April 2023.

 

 

 

 

 

 

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