EX-99.2 3 tmb-20230712xex99d2.htm EX-99.2

Exhibit 99.2

 

Graphic

 

Banco Itaú Chile and subsidiaries

As of and for the six-month periods ended June 30, 2023 and 2022

 

The financial information of Banco Itaú Chile as of and for the six-month periods ended June 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

 

 

 

Jun'23

Jun'22

 

 

Total loans

26,548,044

26,682,488

 

 

Total assets

 

 

 

40,578,311

40,326,097

 

 

 

 

Deposits and other demand liabilities

5,424,910

7,078,095

 

 

Time deposits and other time liabilities

12,769,620

11,174,937

 

 

Interbank borrowings

4,820,614

5,315,090

 

 

Debt and regulatory capital instruments issued

8,264,869

7,542,140

 

 

 

 

Equity

 

 

 

3,535,250

3,249,172

 

 

Total equity attributable to equity holders of the Bank

3,532,317

3,245,916

 

 

Non-controlling interest

2,933

3,256

 

 

 

 

CONSOLIDATED INCOME STATEMENT FOR THE PERIOD

With reclassification of financial hedges1

 

 

 

 

In Ch$ million

6M'23

6M'22

6M'23

6M'22

 

 

Net operating profit before provision for loan losses2

692,730

778,073

741,420

693,253

 

 

Loan losses expenses3

(163,515)

(114,666)

(163,515)

(114,666)

 

 

Total operating expenses4

(352,239)

(354,798)

(352,239)

(354,798)

 

 

Operating income

176,976

308,609

225,666

223,789

 

 

Income from investments in companies

2,653

2,754

2,653

2,754

 

 

Operating income before income taxes

179,629

311,363

228,319

226,543

 

 

Income taxes

36,488

(69,857)

(12,202)

14,963

 

 

Consolidated income for the period

216,117

241,506

216,117

241,506

 

 

 

 

 

 

 

 

Net income attributable to holders of the Bank

216,085

241,484

216,085

241,484

 

 

Non-controlling interest

32

22

32

22

 

 

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 $8,100 million of additional provisions established during the six-month period ended June 30, 2023 ($21.668 million established during the six-month period ended June 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. (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