2019 Anual Report
Financial Profile
The results of the operation and financial situation in 2019 are:
Statement of income | |
2019 |
|
Interest income |
29,862 |
Interest expenses |
(22,664) |
Financial margin |
7,198 |
Preventive Estimate for Credit Risks |
(1,806) |
Financial Margin Adjusted for Credit Risks |
5,392 |
Commissions and fees charged |
837 |
Commissions and fees paid |
(51) |
Income from intermediation |
214 |
Other Income (expenses) from the operation |
182 |
Exploitations |
(6,074) |
Administration expenses |
(1,955) |
Results of Operation |
(1,455) |
Participation in the Result of Unconsolidated and Associated Subsidiaries |
18 |
Income Before Income Tax |
(1,437) |
Income Taxes Caused |
(7) |
Deferred Income Tax |
313 |
Result |
(1,131) |
Before the harnessing, the utility of the operation was 4,619 million pesos, derived from the generated framework by the credit and operation portfolio of the treasury and financial markets, as well as the cost reduction and less constitution of the credit reserves in comparison of 2018.
Statement of Financial Position | |
2019 |
|
Active |
|
Availabilities |
31,257 |
Investments in Securities, Reporting Debtors and Derivatives |
147,167 |
Total Credit Portfolio |
229,659 |
Preventive estimate for credit risks |
(4,593) |
Other Assets and Accounts Receivable |
11,052 |
414,542 |
|
Pasive |
|
Traditional catchment |
170,839 |
Interbank and Other Agency Loans |
53,415 |
Reports and Derivatives |
135,674 |
Subordinated Outstanding Obligations |
13,249 |
Other passives |
9,541 |
382,718 |
|
Capital |
|
Contributed capital |
36,148 |
Lost Capital |
(4,324) |
31,824 |
|
On the other hand, the financial indicators presented the following results in December 2019.
|
FINANCIAL INDICATORS |
|
|
Concept |
2019 |
|
Dec |
|
|
Late payment Index (*) |
0.98% |
|
Overdue Credit Portfolio Coverage Index (**) |
196.96% |
|
Operating efficiency |
0.48% |
|
ROE-1 |
-3.46% |
|
ROA-1 |
-0.28% |
|
Capitalization Index on Credit Risk |
22.53% |
|
Capitalization Index on Total Risks |
18.87% |
|
Liquidity |
488.83% |
|
MIN |
1.36% |
|
Average data = ((Balance of the quarter under study + Balance of the immediately previous quarter) / 2) |
|
|
Annualized data = (Accumulated flow to the quarter under study, between the number of quarters elapsed in the year * 4) |
|
|
(*) Includes Contingent and Generic Obligations, and without these items the indicator would rise to 1.02% as of December 2019 |
|
|
(**) The Coverage Index of the Non-Performing Credit Portfolio without considering the reserves for contingent and generic obligations amounts to 172% and this same indicator on the total portfolio is 1.7%. |
|
|
-1 These indicators are affected by the payment of uses for 6,074 million pesos; without this effect, ROE amounts to 8.33% and ROA to 0.66%. |
|
