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A N N U A L R E P O R T 2 0 1 0
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PAGE PAGE PAGE financial summary 14
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Grupo Security Summarized Unconsoli
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02 principal financial indicators n
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DEAR SHAREHOLDERS I have the pleasu
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oard and management 04
- Page 17 and 18: 04board and management SENIOR MANAG
- Page 19 and 20: 05 recognitions 17 COMPANIES WITH B
- Page 21 and 22: 06 activities 19 ENCUENTRO JUVENTUD
- Page 23 and 24: 06 activities 21 A SCHOOL FOR VILLA
- Page 25: 2003 Inversiones Seguros Security i
- Page 28 and 29: ECONOMIC CONTEXT EXTERNAL ENVIRONME
- Page 30 and 31: CHILE: GDP GROWTH (%) 7 6 5 4 3 2 1
- Page 33 and 34: 09strategic pillars
- Page 35 and 36: 09strategic pillars security, where
- Page 37 and 38: 09 strategic pillars RISK MANAGEMEN
- Page 39 and 40: 10business areas
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- Page 44 and 45: FINANCING BANKING INDUSTRY Banking
- Page 46 and 47: The following graph shows the evolu
- Page 48 and 49: EARNINGS AND ROE OF BANCO SECURITY
- Page 50 and 51: RISK Banco Security has been charac
- Page 53 and 54: 10business areas I N V E S T M E N
- Page 55 and 56: 10 business areas 53 Administradora
- Page 57: 10 business areas 55 SECURITIZADORA
- Page 60 and 61: INSURANCE INSURANCE INDUSTRY The Ch
- Page 62 and 63: Compañía de Seguros Generales Pen
- Page 65 and 66: 10business areas S E R V I C E S
- Page 67: It is important to recall that the
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- Page 80 and 81: THE COMPANY NAME: TYPE OF ENTITY: O
- Page 82 and 83: DIRECTORS’ COMMITTEE The Director
- Page 84 and 85: PROPERTIES AND ASSETS Grupo Securit
- Page 86 and 87: DIVIDENDS PAID The following table
- Page 88 and 89: STOCK MARKET INDICATORS AND TRADING
- Page 90 and 91: INVERSIONES HIDROELÉCTRICAS LTDA.
- Page 92 and 93: MATERIAL INFORMATION January 4, 201
- Page 94 and 95: C o n s o l i d a t e S U B S I D I
- Page 96 and 97: CLP$ Chilean Pesos THCLP$ Thousand
- Page 99 and 100: 13 financial statements 97 PAGE I N
- Page 101 and 102: 99 PAGE Consolidated Statement of F
- Page 103 and 104: 101 PAGE Consolidated statement of
- Page 105 and 106: 103 PAGE CONSOLIDATED STATEMENT OF
- Page 107 and 108: 105 PAGE Notes to the Consolidated
- Page 109 and 110: 107 PAGE Main shareholders of Grupo
- Page 111 and 112: 109 PAGE c) Employees The following
- Page 113 and 114: 111 PAGE of this subsidiary include
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117 PAGE ii. Financial assets avail
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119 PAGE position under “Financia
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121 PAGE 2.20 Provisions - General
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123 PAGE Effective July 2010 the Gr
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125 PAGE 2.26 Compensation of balan
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127 PAGE 2.34 Related party disclos
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129 PAGE 2.42 Classification of cur
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131 PAGE 2.50 Matching of assets an
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133 PAGE f) Non-controlling interes
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135 PAGE 3.2 Reconciliation between
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137 PAGE d) Reconciliation of the S
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139 PAGE g) Goodwill The acquired a
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141 PAGE c) Income tax recognized i
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143 PAGE NotE 7 - Balances and Tran
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145 PAGE Balance Balance Income Sta
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147 PAGE b) Detail of movements dur
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149 PAGE As of December 31, 2010, t
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151 PAGE NotE 14 - Other Non Financ
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153 PAGE NotE 18 - Other Financial
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155 PAGE Detail of bank obligations
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157 PAGE Detail of bank obligations
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159 PAGE Detail of the bonds at Jan
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161 PAGE NotE 21 - Other Short Term
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163 PAGE Detail of bonds as of Dece
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165 PAGE As of December 31, 2010, t
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167 PAGE c) Other Expenses The deta
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169 PAGE NotE 28 - Foreign Currency
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171 PAGE Up to 90 days 91 days to 1
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173 PAGE Note 29 - Earnings per Sha
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175 PAGE b) Income Statement by Seg
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177 PAGE d) Income Statement by Seg
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179 PAGE that helps the group obtai
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181 PAGE This area includes: • Co
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183 PAGE D. Portfolio Rating Even t
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185 PAGE D.3 Impaired Loan Portfoli
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187 PAGE D.6 Loan portfolio distrib
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189 PAGE 4) Financial Risk A. Fnanc
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191 PAGE The Treasury is responsibl
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193 PAGE b) Structural Interest Rat
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195 PAGE Methodology of Liquidity R
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197 PAGE Regulatory Liquidity Misma
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199 PAGE Regulatory Liquidity Misma
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201 PAGE B. Operational risk struct
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203 PAGE C.Operational Risk Committ
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205 PAGE Monto Monto Razón Razón
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207 PAGE Note 33 - Shareholders’
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209 PAGE b) Contingent Liabilities
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211 PAGE Ownership: 51% owned by Ba
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213 PAGE b) The ordinary shareholde
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215 PAGE The approved policy is ava
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217 PAGE
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219 PAGE Regarding the liabilities,
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221 PAGE Administradora General de
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223 PAGE 5.3.2 Market risk The prin
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225 PAGE Consolidated statements of
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financial statements 13 S U M M A R
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229 PAGE Banco Security and Subsidi
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231 PAGE Banco Security and Subsidi
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233 PAGE Banco Security and Subsidi
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235 PAGE Summarized Financial State
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237 PAGE Summarized Financial State
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239 PAGE Summarized Financial State
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267 PAGE Summarized Financial State
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269 PAGE Summarized Financial State
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271 PAGE
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14 declaration of responsibility 27
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275 PAGE 15 addresses ADDRESSES OF
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277 PAGE 15 addresses Temuco Branch
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279 PAGE Pta Arenas Branch (Oficina
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