EX-99.2 3 tmb-20231012xex99d2.htm EX-99.2

Exhibit 99.2

 

Graphic

 

 

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

 

 

The financial information of Banco Itaú Chile as of and for the nine-month periods ended September 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

 

 

 

Sep'23

Sep'22

 

 

Total loans

27,513,377

27,420,285

 

 

Total assets

 

 

 

42,262,634

42,171,663

 

 

 

 

 

 

Deposits and other demand liabilities

5,541,711

6,375,900

 

 

Time deposits and other time liabilities

13,410,035

12,123,989

 

 

Interbank borrowings

5,138,259

5,483,420

 

 

Debt and regulatory capital instruments issued

8,061,290

7,458,468

 

 

 

 

 

 

Equity

 

 

 

3,630,746

3,313,724

 

 

Total equity attributable to equity holders of the Bank

3,627,397

3,310,658

 

 

Non-controlling interest

3,349

3,066

 

 

 

 

YTD CONSOLIDATED INCOME STATEMENT

With reclassification of financial hedges1

 

 

 

 

In Ch$ million

9M'23

9M'22

9M'23

9M'22

 

 

Net operating profit before provision for loan losses 2

1,123,833

1,181,132

1,088,133

1,071,391

 

 

Loan losses expenses 3

(247,275)

(210,300)

(247,275)

(210,300)

 

 

Total operating expenses 4

(540,321)

(538,624)

(540,321)

(538,624)

 

 

Operating income

336,237

432,208

300,537

322,467

 

 

Income from investments in companies

3,451

3,083

3,451

3,083

 

 

Operating income before income taxes

339,688

435,291

303,988

325,550

 

 

Income taxes

(58,293)

(80,785)

(22,593)

28,956

 

 

Consolidated income for the period

281,395

354,506

281,395

354,506

 

 

 

 

 

 

 

 

Net income attributable to holders of the Bank

281,375

354,467

281,375

354,467

 

 

Non-controlling interest

20

39

20

39

 

 

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 nine-month period ended September 30, 2023 ($41,668 million established during the

nine-month period ended September 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