MBU Informe Anual 2009 Ingles24may10:maquetaci..n 1

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Financial Statements (Pursuant to the Venezuelan Superintendency of Bank’s Standars) Consolidated Balance Sheet (In Bolivars) Liabilities Deposits Demand Deposits Non-Interest Bearing Cheking Accounts Interest-Bearing Cheking Accounts Other Demand Deposits Obligations for Money Desk Operations Saving Deposits Time Deposits Securities Issued by the Bank Restricted Customer Deposits Rights and participation in nvestment securities Obligations to Central Bank of Venezuela Deposits and Liabilities with BANAVIH Borrowings Borrowings from Venezuelan Financial Institutions, Up to 1 Year Borrowings from Venezuelan Financial Institutions, More Than 1 Year Borrowings from Overseas Financial Institutions, Up to 1 Year Borrowings from Overseas Financial Institutions, More Than 1 Year Other Borrowings, Up to 1 year Other Borrowings, More Than 1 year Other Liabilities for Financial intermediation Interest and Commissions Payable Expenses Payable on Customer Deposits Expenses Payable on Obligations to the BCV Expenses Payable on Deposits and Liabilities with BANAVIH Expenses Payable for Other Financing Obtained Expenses Payable for Other Borrowings Expenses Payable for Other Obligations Expenses Payable for Subordinated Debt Other Liabilities Subordinated Debt Obligations Convertible to Capital Total Liabilities Nominal Capital Stock par value Paid-in Surplus Capital Reserves Equity Adjustments Retained Earnings Unrealized Gain on Investments Available for Sale Treasury Shares Total Shareholders’ Equity Total Liabilies and Shareholders’ Equity Nerio Rosales R. Executive President Shareholders’ Equity Alfonso Figueredo Davis Global Chief Financial Officer Mercantil Banco Universal 19 For Operations in Venezuela December 31 2009 31,912,842,588 17,586,306,917 8,852,093,896 8,734,213,021 2,358,767,348 0 10,640,374,597 741,061,722 25,900 355,354,670 230,951,434 0 38,639 137,252,005 134,443,836 0 697,539 0 0 2,110,630 19,493,915 12,683,365 12,427,747 0 0 255,618 0 0 0 1,122,881,791 0 0 33,205,192,303 268,060,233 35,833 268,060,233 0 2,735,052,745 28,307,696 0 3,299,516,740 36,504,709,043 Isabel Pérez Sanchis Corporate Comptroller Consolidated with Overseas branches December 31 2009 32,016,764,705 17,598,150,929 8,863,711,240 8,734,439,689 2,359,101,636 0 10,650,172,776 753,212,205 25,900 425,149,825 230,951,434 0 38,639 137,252,005 134,443,836 0 697,539 0 0 2,110,630 19,493,915 12,735,012 12,479,394 0 0 255,618 0 0 0 1,124,806,614 0 0 33,311,090,890 268,060,233 35,833 268,060,233 0 2,735,052,745 28,307,696 0 3,299,516,740 36,610,607,630 For Operations in Venezuela June 30 2009 28,147,080,034 15,593,419,207 7,456,478,192 8,136,941,015 629,565,302 0 8,938,125,307 875,266,778 36,570 285,634,170 1,825,032,700 0 2,764,907 139,694,960 136,774,520 0 696,697 0 0 2,223,743 34,836,422 12,183,712 11,924,806 0 0 258,906 0 0 0 1,368,959,642 0 0 29,705,519,677 268,060,233 35,833 268,060,233 0 2,346,081,599 (183,195) 0 2,882,054,703 32,587,574,380 Gustavo A. Marturet President Consolidated with Overseas branches June 30 2009 28,278,396,811 15,621,863,425 7,484,614,513 8,137,248,912 629,929,921 0 8,946,278,570 898,296,286 36,570 356,959,339 1,825,032,700 0 2,764,907 139,694,960 136,774,520 0 696,697 0 0 2,223,743 34,836,422 12,280,177 12,021,271 0 0 258,906 0 0 0 1,371,318,090 0 0 29,839,291,367 268,060,233 35,833 268,060,233 0 2,346,081,599 (183,195) 0 2,882,054,703 32,721,346,070
Income Statement (In Bolivars) Interest Income Income From Cash and Due From Banks Income From Investments Securities Income From Loan Portfolio Income From Other Accounts Receivable Income From Invesments in Subsidiaries, Affiliates, and Branches Income From Head Office and Branches Other Interest Income Interest Expenses Expenses From Customer Deposits Expenses From Obligations to Central Bank of Venezuela Expenses From Deposits and Liabilies with BANAVH Expenses From Other Borrowings Expenses From Other Liabilities From Financial Intermediation Expenses From Subordinated Debt Expenses From Other Obligations Expenses From Head Office and Branches Other Interest Expenses Net Interest Income Income From Financial Assets Recovered Expenses From Uncollectible and Devaluation of Financial Assets Provision for Loan Portfolio and Other Accounts Receivable, Losses Provision for Cash and Due from Banks Net Financial Margin Other Operating Income Other Operating Expenses Financial Intermediation Margin Personnel and Operating Expenses Salaries and Employee Benefits Operating Expenses Fees Paid to the Deposit Guarantee and Banking Protection Fund (Fogade) Fees Paid to the Superintendency of Banks and Other Financial Institutions Gross Operating Margin Income From Realizably Goods Income From Special Programs Miscellaneous Operating Income Expenses From Realizably Goods Expenses for Depreciation, Amortization, and Devaluation of Micellaneous Goods Miscellaneous Operating Expenses Net Operating Margin Extraordinary Income Extraordinary Expenses Gross Income Before Tax Income Taxes Net Income Appropriation of Net Income Legal Reserve Profit Sharing Board of Directors Officers and Employees Other Capital Reserves Retained Earnings LOSEP Fund Nerio Rosales R. Executive President Alfonso Figueredo Davis Global Chief Financial Officer Annual Report 2009 20 Financial Statements For Operations in Venezuela December 31 2009 2,040,454,002 216,349 224,177,463 1,718,472,822 21,458,840 0 0 76,128,528 787,668,800 716,738,652 0 0 298,874 50,852,387 0 0 0 19,778,887 1,252,785,202 74,807,623 253,285,000 253,285,000 0 1,074,307,825 427,389,117 105,905,714 1,395,791,228 924,920,121 485,934,319 353,530,958 66,129,666 19,325,178 470,871,107 4,253,499 0 72,433,021 8,368,566 0 37,050,261 502,138,800 0 37,283,905 464,854,895 75,883,749 388,971,146 0 0 0 0 0 388,971,146 4,276,148 Isabel Pérez Sanchis Corporate Comptroller Consolidated with Overseas branches December 31 2009 2,049,452,216 240,845 231,180,414 1,718,733,132 21,459,644 0 0 77,838,181 787,994,162 716,969,078 0 0 393,810 50,852,387 0 0 0 19,778,887 1,261,458,054 75,911,726 253,601,146 253,601,146 0 1,083,768,634 421,175,378 107,637,887 1,397,306,125 926,683,677 485,934,319 355,294,514 66,129,666 19,325,178 470,622,448 4,253,499 0 72,943,025 8,368,566 0 37,206,615 502,243,791 0 37,283,905 464,959,886 75,988,740 388,971,146 0 0 0 0 0 388,971,146 4,276,148 For Operations in Venezuela June 30 2009 2,118,912,285 613,371 459,730,069 1,522,095,152 18,604,293 0 0 117,869,400 922,066,972 793,490,618 0 0 25,532 58,685,483 0 0 0 69,865,339 1,196,845,313 24,909,805 221,500,000 221,500,000 0 1,000,255,118 342,787,565 64,781,069 1,278,261,614 906,699,432 494,076,303 334,518,832 60,704,614 17,399,683 371,562,182 7,399,330 0 47,785,602 75,704 0 28,704,031 397,967,379 0 29,142,456 368,824,923 35,761,327 333,063,596 20,703,830 0 0 0 0 312,359,766 3,330,636 Gustavo A. Marturet President Consolidated with Overseas branches June 30 2009 2,125,682,498 639,763 463,381,578 1,524,572,726 18,604,788 0 0 118,483,643 922,673,112 794,078,367 0 0 43,923 58,685,483 0 0 0 69,865,339 1,203,009,386 27,331,394 222,233,640 222,233,640 0 1,008,107,140 337,606,599 64,787,147 1,280,926,592 908,823,983 494,076,303 336,643,383 60,704,614 17,399,683 372,102,609 7,399,330 0 47,705,215 75,704 0 29,021,539 398,109,911 0 29,142,456 368,967,455 35,903,859 333,063,596 20,703,830 0 0 0 0 312,359,766 3,330,636
Page 1 and 2: ANNUAL REPORT2009
Page 3 and 4: Banco Universal 2 Annual Report 200
Page 5 and 6: Principal Directors Alternate Direc
Page 7 and 8: MARGOT RÖMER MARGOT RÖMER Proyect
Page 9 and 10: During the year, Bs 198, 364,572.42
Page 11 and 12: * Dollar figures are given for refe
Page 13 and 14: The office network comprises 297 ba
Page 15 and 16: Development and Working Environment
Page 17 and 18: JORGE PIZZANI JORGE PIZZANI Oversca
Page 19: Consolidated Balance Sheet (In Boli
Page 23 and 24: RAFAEL BARRIOS RAFAEL BARRIOS Trian
Page 25 and 26: Venezuelan oil basket prices declin
Page 27 and 28: OSCAR PELLEGRINO OSCAR PELLEGRINO U
Page 29 and 30: Investments in Securities by Issuer
Page 31 and 32: (1) Obtained from dividing sharehol
Page 33 and 34: 32 • Bs 33 million in fees paid t
Page 35 and 36: CARLOS ZERPA CARLOS ZERPA El Dorado
Page 37 and 38: Commercial and Personal Banking Dep
Page 39 and 40: To encourage customers to use our c
Page 41 and 42: Financial Institutions and Internat
Page 43 and 44: Finance In 2009 the Treasury unit c
Page 45 and 46: RAFAEL BARRIOS RAFAEL BARRIOS Trif
Page 47 and 48: 46 Mercantil Banco, C.A. and BBVA B
Page 49 and 50: Continuing with the strategy to dev
Page 51 and 52: ERNESTO LEÓN ERNESTO LEÓN Porrón
Page 53 and 54: Within the framework of the project
Page 55 and 56: JULIO PACHECO RIVAS JULIO PACHECO R
Page 57 and 58: Breakdown of Credit Risk by Country
Page 59 and 60: Market Risk An institution is subje
Page 61 and 62: Operational Risk Operational risk m
Page 63 and 64: ADRIÁN, PUJOL ADRIÁN PUJOL Caraca
Page 65 and 66: NTONIO LAZO ANTONIO LAZO (Blas Anto
Page 67 and 68: Culture, Quality of Life and Enviro
Page 69 and 70: ERNESTO LEÓN ERNESTO LEÓN Turpial
Page 71 and 72:
ADRIÁN, PUJOL ADRIÁN PUJOL El Áv
Page 73 and 74:
72 Mercantil’s governance structu
Page 75 and 76:
74 Executive Committee The Bank has
Page 77 and 78:
OSCAR PELLEGRINO OSCAR PELLEGRINO S
Page 79 and 80:
Board of Directors Directors Gustav
Page 81 and 82:
Gustavo Galdo C. President of Inver
Page 83 and 84:
Executive Committee Gustavo Antonio
Page 85 and 86:
Produced by: Corporate Communicatio
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MBU Informe Anual 2009 Ingles24may10:maquetaci..n 1

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