IRR310313.pdf - Banco Itaú

Balance Sheet
Short-term Interbank Investments and Securities Portfolio by
maturity (*)
Our securities and derivative financial instruments are presented
below in accordance with their maturity period, allowing us to
see our positions by maturity date.
Securities by Categories
Our securities portfolio is classified in three categories: trading,
available-for-sale and held-to-maturity. On March 31, 2013, the
securities portfolio totaled R$250,957 million, and its breakdown
is presented in the chart below:
R$ million
103,725
1.3%
15,035
23,054
41,008
31.6%
Trading securities
Available-for-sale securities
Held-to-maturity securities
0 - 90 91-365 366 - 720 Acima de 720 dias
Government Securities – Domestic
Government Securities – Foreign
Corporate Securities
Derivative Financial Instruments
(*)
It does not consider the securities portfolio of the PGBL and VGBL plans .
67.0%
Credit Portfolio
Credit Portfolio by Product
In the table below, the credit portfolio is split into two groups: individuals and companies. For a better understanding of the
performance of these portfolios, the main product groups of each segment are presented below.
R$ million
Variation
Mar 31, 13 Dec 31, 12 Mar 31, 12
Mar 31,13–
Dec 31,12
Mar 31,13–
Mar 31,12
Individuals 163,701 160,814 156,072 1.8% 4.9%
Credit Card 41,362 40,614 36,574 1.8% 13.1%
Personal Loans 27,261 26,798 27,816 1.7% -2.0%
Own and BMG Acquired Payroll Loans 16,228 13,508 10,960 20.1% 48.1%
Vehicles 48,532 51,220 59,054 -5.2% -17.8%
Mortgage Loans (*) 19,165 18,047 14,591 6.2% 31.3%
Rural Loans 265 266 274 -0.6% -3.5%
Argentina/Chile/Uruguay/Paraguay 10,888 10,361 6,802 5.1% 60.1%
Companies 207,647 205,471 191,297 1.1% 8.5%
Working Capital (**) 103,008 106,268 100,961 -3.1% 2.0%
BNDES/Onlending 43,889 40,951 37,669 7.2% 16.5%
Export / Import Financing 22,789 21,258 19,615 7.2% 16.2%
Vehicles 5,362 6,031 7,663 -11.1% -30.0%
Acquired Payroll Loans 33 42 94 -20.5% -64.6%
Mortgage Loans 8,131 7,790 6,612 4.4% 23.0%
Rural Loans 6,998 6,349 5,173 10.2% 35.3%
Argentina/Chile/Uruguay/Paraguay 17,437 16,782 13,509 3.9% 29.1%
Total without Endorsements and Sureties 371,348 366,285 347,369 1.4% 6.9%
Endorsements and sureties 62,891 60,310 53,150 4.3% 18.3%
Total with Endorsements and Sureties 434,239 426,595 400,519 1.8% 8.4%
Private Securities (***) 21,924 22,652 17,067 -3.2% 28.5%
Total Risk 456,162 449,247 417,586 1.5% 9.2%
(*) Does not consider co-obligation in mortgage loan assignment in the amount of R$353.5 million on the 4 th Q/11.
(**) Also includes Revolving, Receivables, Hot Money, Leasing, and other; (***) Includes Debentures, CRI and Commercial Paper.
The portfolio of loans to individuals reached R$ 163,701 million
on March 31, 2013, a 1.8% increase when compared to the last
quarter, due to the increase of 6.2% in mortage loans, amounting
to R$19,165 million, of 20.1% in the own payroll loan portfolio,
amounting to R$16,228 million, and of 5.1% in our operations in
the Southern Cone, amounting to R$10,888 million, partially
offset by the 5.2% decrease in the vehicle portfolio, which totaled
R$48,532 million.
The portfolio of loans to companies grew 1.1% in the quarter,
totaling R$ 207,647 million. The changes in this portfolio were
driven by the increase in mortgage loans, of 4.4%, to R$ 8,131
million, and in onlending from BNDES, of 7.2%, to R$ 43,889
million, which offset the decreases seen in the vehicle portfolio,
working capital and in payroll loans.
Taking into account our fixed income private securities portfolio
and the balance of sureties and endorsements, the adjusted
balance of our overall credit portfolio amounted to R$ 456,162
million, a growth of 1.5% when compared to December 31, 2012,
and of 9.2% when compared to March 31, 2012.
Management Discussion & Analysis
Itaú Unibanco Holding S.A.
29