Financial Statement - Banco Mercantil

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3.7 Valuation adjustments and provisions, reserves for general banking risks in CHF 1000 Balance previous year Valuation adjustments and provisions for credit and country risks 925 Specific usage Recoveries, doubtful interest, currency differences - -87 New creation charged to income statement 818 Reversals credited to income -543 Balance current year Valuation adjustments and provisions for investments - - - - - - Other Provisions (operating loss) - - - - - - Total valuation adjustments and provisions 925 less: set-offs with investments -88 Total valuation adjustments and provisions as of balance sheet 837 - -87 - 86 3.8 Schedule of share capital and disclosure of shareholders in CHF 1000 Capital structure Nominal amount Shareholder's equity 45'500 Significant shareholders and shareholder groups with voting rights Number of shares Capital with dividend rights Nominal amount 818 -668 31.12.2010 31.12.2009 45'500 45'500 45'500 -543 Number of shares 45'500 1'113 1'113 - -670 443 Capital with dividend rights 45'500 31.12.2010 31.12.2009 Nominal Share in % Nominal Share in % Holding Mercantil Internacional, C.A., Caracas, Venezuela - - 45'500 100% Mercantil Servicios Financieros, C.A., Caracas, Venezuela 45'500 100% - - As per 31.12.2010 the shares of the bank were transferred from Holding Mercantil Internacional to Mercantil Servicios Financieros. Mercantil Servicios Financieros (MSF) is a financial holding registered on the Caracas Stock Exchange. The capital structure of MSF is comprised of A (57%) and B (43%) shares, with B shares having limited voting rights. Its shares are held primarily by Venezuelan investors. Approximately 43% of the B shares are owned through an American Depositary Receipt (ADR) program, therefore MSF does not have information who the holders of the ADR's are. Shareholders with ownership of over 5%, as known to MSF are: - Capriles Group (14.5% A shares; 16.5% B shares); 15.4% participation - Gustavo J. Vollmer Group (12.1% A shares; 4.8% B shares); 9.1% participation - Gustavo A. Marturet Group (14.3% A shares; 1.2% B shares); 8.8% participation - Travieso Sanchez Group (7.4% A shares; 3.2% B shares); 5.6% participation
3.9 Statement of changes in shareholder's equity in CHF 1000 31.12.2010 31.12.2009 Shareholder's equity at beginning of current year Share capital 45'500 Capital Reserves 233 Retained earnings (incl. Currency translation differences) 10'478 Consolidated net profit 2'230 Total shareholder's equity at beginning of current year (before profit distribution) 58'441 + Capital increase - - - Capital increase costs - - + Consolidated net profit for the year 3'161 + Currency translation adjustments -1'368 Total shareholder's equity at end of current year (before profit distribution) 60'234 Thereof: Share capital 45'500 Capital Reserves 244 Retained earnings (incl. currency translation differences) 11'329 Consolidated net profit 3'161 On the basis of the legal provision the capital reserves may not be distributed. 45'500 230 10'169 668 56'567 2'230 -356 58'441 45'500 233 10'478 2'230
Page 1 and 2: Financial Statement Consolidated Ba
Page 3 and 4: Consolidated statement of cash flow
Page 5 and 6: The risk provisioning requirements
Page 7 and 8: The amount of the impairment is mea
Page 9: 3.4 Other Assets and Other Liabilit
Page 13 and 14: 3.12 Balance sheet by domestic and
Page 15 and 16: 3.13.2 Breakdown of exposure by cou
Page 17 and 18: 4. Information on Off-Balance Sheet
Page 19: 6. Disclosure according to capital

Financial Statement - Banco Mercantil

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