MD&A and Financial Statements (PDF) - Banco Itaú

ITAÚ UNIBANCO HOLDING S.A.
Statement of Income
(In thousands of Reais)
INCOME FROM FINANCIAL OPERATIONS
01/01 to 09/30/2010 01/01 to 09/30/2009
714,255 305,566
Securities and derivative financial instruments 714,255 305,566
EXPENSES OF FINANCIAL OPERATIONS
(237,467) (51,227)
Money market (237,467) (51,227)
GROSS INCOME FROM FINANCIAL OPERATIONS
OTHER OPERATING REVENUES (EXPENSES)
476,788 254,339
5,947,991 4,433,968
Personnel expenses (106,970) (167,316)
Other administrative expenses (44,766) (34,769)
Tax expenses (Note 14a II) (23,887) (14,757)
Equity in earnings of subsidiaries (Note 15a I) 6,179,174 4,694,570
Other operating revenues (expenses) (55,560) (43,760)
OPERATING INCOME
NON-OPERATING INCOME
INCOME BEFORE TAXES ON INCOME AND PROFIT SHARING
INCOME TAX AND SOCIAL CONTRIBUTION (Note 4p)
6,424,779 4,688,307
9,207 9,639
6,433,986 4,697,946
789,730 776,955
Due on operations for the period (14,776) 4,695
Related to temporary differences 804,506 772,260
PROFIT SHARING – Management members - Statutory - Law No. 6,404 of 12/15/1976
NET INCOME
(4,947) (3,278)
7,218,769 5,471,623
WEIGHTED AVERAGE OF THE NUMBER OF OUTSTANDING SHARES 4,533,375,494 4,515,095,972
NET INCOME PER SHARE – R$ 1.59 1.21
BOOK VALUE PER SHARE - R$ (OUTSTANDING AT 09/30) 14.94 13.85
EXCLUSION OF NONRECURRING EFFECTS (Notes 2a and 22k)
NET INCOME WITHOUT NONRECURRING EFFECTS
NET INCOME PER SHARE – R$
190,437 316,924
7,409,206 5,788,547
1.63 1.28
Itaú Unibanco S.A. – - September0, 2010 66