MD&A and Financial Statements (PDF) - Banco Itaú
MD&A and Financial Statements (PDF) - Banco Itaú
MD&A and Financial Statements (PDF) - Banco Itaú
You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
ITAÚ UNIBANCO HOLDING S.A.<br />
Consolidated Statement of Added Value<br />
(In thous<strong>and</strong>s of Reais)<br />
01/01 to<br />
09/30/2010<br />
01/01 to<br />
09/30/2009<br />
INCOME<br />
<strong>Financial</strong> operations<br />
Banking services<br />
Result from insurance, pension plan <strong>and</strong> capitalization operations<br />
Result of allowance for loan losses (Note 8d)<br />
Other<br />
EXPENSES<br />
<strong>Financial</strong> operations<br />
Other<br />
INPUTS PURCHASED FROM THIRD PARTIES<br />
Materials, energy <strong>and</strong> others<br />
Third-party services<br />
Other<br />
65,495,840 61,368,738<br />
58,399,028 58,331,333<br />
12,870,183 10,995,987<br />
2,051,389 1,721,411<br />
(9,008,144) (10,942,336)<br />
1,183,384 1,262,343<br />
(28,508,528) (27,670,849)<br />
(25,447,708) (23,176,914)<br />
(3,060,820) (4,493,935)<br />
(8,363,896) (6,794,750)<br />
(336,585) (211,438)<br />
(2,137,807) (2,138,417)<br />
(5,889,504) (4,444,895)<br />
Data processing <strong>and</strong> telecommunications (Note 13g) (2,358,942) (1,851,804)<br />
Advertising, promotions <strong>and</strong> publication (Note 13g) (819,823) (641,529)<br />
Installations (1,178,689) (714,419)<br />
Transportation (Note 13g) (459,466) (280,324)<br />
Security (Note 13g) (326,537) (280,042)<br />
Travel expenses (Note 13g) (115,016) (87,280)<br />
Other (631,031) (589,497)<br />
GROSS ADDED VALUE<br />
DEPRECIATION AND AMORTIZATION (Note 13g)<br />
NET ADDED VALUE PRODUCED BY THE COMPANY<br />
ADDED VALUE RECEIVED FROM TRANSFER (Note 15 a III)<br />
TOTAL ADDED VALUE TO BE DISTRIBUTED<br />
DISTRIBUTION OF ADDED VALUE<br />
Personnel<br />
28,623,416 26,903,139<br />
(1,053,361) (990,457)<br />
27,570,055 25,912,682<br />
105,394 147,071<br />
27,675,449 26,059,753<br />
27,675,449 26,059,753<br />
8,720,466 8,165,019<br />
Compensation 6,954,310 6,715,770<br />
Benefits 1,330,910 1,075,005<br />
FGTS – government severance pay fund 435,246 374,244<br />
Taxes, fees <strong>and</strong> contributions<br />
8,174,977 9,772,542<br />
Federal 7,697,053 9,335,596<br />
State 842 25,471<br />
Municipal 477,082 411,475<br />
Return on third parties' assets - Rent<br />
633,610 645,609<br />
Return on own assets<br />
10,146,396 7,476,583<br />
Dividends <strong>and</strong> Interest on capital 3,310,811 2,630,440<br />
Retained earnings (loss) for the period 6,122,350 4,223,380<br />
Minority interest in retained earnings 713,235 622,763<br />
<strong>Itaú</strong> Unibanco S.A. – - September0, 2010 64
Change language