HSBC J.P. Morgan Standard Chartered Bank - bicbanco

SELECTED STATISTICAL INFORMATION
The information below has been included for analytical purposes only and should be read in conjunction
with “Management’s Discussion and Analysis of Financial Condition and Results of Operations” and the Bank’s
consolidated financial statements and related notes thereto included elsewhere in this offering memorandum. The
financial information included in this section derives from the accounting records of the Bank maintained by its
significant operating units.
The average balances (taken from the Bank’s consolidated financial statements) are calculated based upon
the average of the sum of balances for the years 2009, 2008 and 2007, on 13 dates: at December 31 of the previous
year and at the end of each of the 12 subsequent months.
In this offering memorandum, the Bank has used information relating to volume and average annual
balances included in this offering memorandum as calculated based upon the average of the sum of balances for the
years 2008 and 2007, on 13 dates: at December 31 of the previous year and at the end of each of the 12 subsequent
months. Average yield/rate data has been calculated based on income and expenses for the period, divided by the
average balances computed as mentioned above. Interest income and expense include interest and, if contractually
provided for: (i) foreign exchange gains and losses on the Bank’s interest-earning assets and interest-bearing
liabilities denominated in foreign currencies; (ii) gains and losses in the Bank’s securities portfolio and in derivative
instruments; and (iii) credit recovery.
Certain amounts and percentages included in this offering memorandum have been rounded. The totals
presented in certain tables may not represent an arithmetical aggregation of the amounts that precede them.
The Bank believes that the balances herein properly reflect, in all material respects, its financial condition
and operating results on the dates and for the periods indicated.
Average Balances of the Balance Sheet and Other Financial Information
The table below sets forth the average balances of the Bank’s assets, liabilities and shareholders’ equity,
which have been calculated as described above:
Year ended December 31,
2009 2008 2007
(In R$ millions, except for percentages)
Average Balances
Average balance of total assets............................................................. 11,264.8 12,489.3 9,555.9
Average balance of revenue-generating assets (1) ................................. 8,895.5 10,251.8 9,131.5
Average balance of expense-generating liabilities (2) ............................ 6,995.3 8,323.9 7,979.4
Average balance of shareholders’ equity.............................................. 1,728.8 1,626.3 972.0
Profitability and Efficiency
Net interest margin (NIM) (3) ................................................................. 10.6% 9.8% 8.3%
Return on average balance of revenue-generating assets - ROAA (4) 2.7% 2.8% 2.1%
Financial operations income to average revenue-generating assets (5) 19.0% 17.8% 13.9%
Interest expense on expense-generating liabilities (6) ............................. 23.0% 20.9% 3.5%
Return on average shareholders’ equity - ROAE (7) .............................. 18.4% 19.7% 18.7%
Efficiency ratio (8) ................................................................................... 38.0% 38.6% 44.2%
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Notes:
(1) Revenue generating assets are assets that generate revenue from financial operations. Especially for purposes of preparation of this
offering memorandum, revenue generating assets include “advances on exchange contracts.”
(2) Expense generating liabilities are liabilities that generate expenses from financial operations.
(3) Gross profit from financial operations before the allowance for loan losses as a percentage of the average balance of revenue generating
assets. Revenue generating assets are described in note (1) above.
(4) Net income as a percentage of average revenue generating assets. See note (1) above.
(5) Financial operations income as a percentage of average revenue generating assets. See note (1) above.
(6) Financial expenses before the allowance for loan losses as a percentage of the balance of expense generating liabilities. See note (2)
above.
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