“ciclo apimec 2007” · 2007. 11. 23. · “ciclo apimec 2007” payroll-deduction credit...
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““Ciclo APIMEC 2007Ciclo APIMEC 2007””
ConsolidatedConsolidated Financial Financial Information Information
33rdrd QuarterQuarter 20072007
““Ciclo APIMEC 2007Ciclo APIMEC 2007””Company DataCompany Data
• Company Name: Banrisul S/A• Company Type: Multiple-service bank controlled
by the State of Rio Grande do Sul.• Incorporated in: September 12th 1928.• Incorporated under the Laws of: State Law nº
459/28.• Stake of the State 57.0%.• Stake of the State on ordinary stocks: 99.6%.
““Ciclo APIMEC 2007Ciclo APIMEC 2007””Ownership StatusOwnership Status
42.87%
0.15%
56.98%
RS State Banrisul's Foundation Others
““Ciclo APIMEC 2007Ciclo APIMEC 2007””Affiliated Affiliated CompaniesCompanies
Company Stake on the Company's Capital Stock
Banrisul S.A. Administradora de Consórcios 99.50%
Banrisul Serviços Ltda 99.80%
Banrisul Armazéns Gerais 99.50%
Banrisul S.A. Corretora de Valores Mobiliários e Câmbio 98.70%
Foreing Branches 100%
““Ciclo APIMEC 2007Ciclo APIMEC 2007””OrganogramOrganogram
CommercialOffice
Banrisul S.A.
Stockholders' General Meeting
Administrative Council
CEO
Fiscal Council
DistributionOffice
AdministrativeOffice
CreditOffice
Information Management
Office
FinancialOffice
Third-Party ResourcesAdministration
Office
Executive Board
Audit Committee
InternalAudit
““Ciclo APIMEC 2007Ciclo APIMEC 2007””Regional Regional AdministrationsAdministrations
Regional Administrations - Location
Alto Uruguai - Passo Fundo Noroeste - Santo Angelo
Centro - Santa Cruz Serra - Caxias do Sul
Fronteira - Santa Maria Sul - Pelotas
Grande Porto Alegre - Parcão Main Branch (Agência Central)
Leste - Novo Hamburgo
9 regional 9 regional administrationadministration in Rio Grande do Sulin Rio Grande do Sul
1 regional 1 regional administrationadministration in other States in other States ((HeadquarterHeadquarter: São Paulo): São Paulo)
““Ciclo APIMEC 2007Ciclo APIMEC 2007””Presence in Rio Grande Presence in Rio Grande do Suldo Sul
•Total number of municipalities in Rio Grande do Sul 496•Municipalities in R.S. with Banrisul branches 293•Municipalities in R.S. with Banrisul mini-branches (*) 100•Municipalities serviced by Banrisul 393•% of Banrisul in R.S 79.2%•Share of the State population serviced by Banrisul 97.4%•Share of the State’ GDP serviced by Banrisul 97.3%•(*) Without Banrisul branches
““Ciclo APIMEC 2007Ciclo APIMEC 2007””Number of BranchesNumber of Branches
420420TotalTotal
44São PauloSão Paulo1313Santa CatarinaSanta Catarina33Rio de JaneiroRio de Janeiro22ParanParanáá11PernambucoPernambuco11Belo HorizonteBelo Horizonte11Distrito FederalDistrito Federal11CearCearáá11BahiaBahia
391391Rio Grande do SulRio Grande do SulSeptemberSeptember 20072007LocationLocation (Brazil and (Brazil and abroadabroad))
22AbroadAbroad
““Ciclo APIMEC 2007Ciclo APIMEC 2007””BanrisulBanrisul
Banking RankingBanking Ranking
Dec'04 Dec'05 Dec'06 Jun'07
15th 15th 14th 14th
19th 19th 18th 15th
12th 15th 13th 8th
12th 12th 12th 12th
10th 10th 10th 10th
Indexes
Total Assets
Net Equity
Net Profit
Total Deposits
Number of Agencies
Source: Banco Central’ s 50 greatest Banks Ranking
““Ciclo APIMEC 2007Ciclo APIMEC 2007””
Market IndexesMarket Indexes
0.420.320.10
0.980.70
1.91
0.830.800.96
1.18
1.461.26
1.76
1.341.47
1.35
2.93093.0715
2.9257
2.43412.1771
1.97021.8295
2.3522
2000
2001
2002
2003
2004
2005
2006
2007
IGP-M (% Monthly average) Effective Selic (% Monthly average)Commercial USD (Monthly average)
““Ciclo APIMEC 2007Ciclo APIMEC 2007””Performance & Performance &
RentabilityRentability IndexesIndexes
20.2
28.2
31.7
52.7
2.46.1
18.217.5
29.0
35.0
2.5 2.7
2004 2005 2006 9M07
%%
Basel Ratio ROAE (Annualized) ROAA (Annualized)
““Ciclo APIMEC 2007Ciclo APIMEC 2007””HighlightsHighlights
Net IncomeNet Income
ShareholderShareholder’’s s EquityEquity
Fund RaisingFund Raising
R$ 801.8 millionsR$ 801.8 millions
R$ 2,722.6 millionsR$ 2,722.6 millions
R$ 15.8 R$ 15.8 BillionsBillions
““Ciclo APIMEC 2007Ciclo APIMEC 2007””HighlightsHighlights
Total AssetsTotal Assets
Credit PortfolioCredit Portfolio
SecuritiesSecurities
R$ 20.1 R$ 20.1 billionsbillions
R$ 7.2 R$ 7.2 bilionsbilions
R$ 6.9 R$ 6.9 billionsbillions
““Ciclo APIMEC 2007Ciclo APIMEC 2007””BaselBasel RatioRatio
16.7 17.5 18.220.2
11.0 11.0 11.0 11.0 11.0
28.2
Dec-03 Dec-04 Dec-05 Dec-06
Basel Ratio (%) Minimum Required (%)
%%
Sep-07
““Ciclo APIMEC 2007Ciclo APIMEC 2007””HighlightsHighlights
Investments in Investments in TechnologyTechnology
Banricompras NetworkBanricompras Network
R$ 91.7 millionsR$ 91.7 millions
36.9 36.9 thousandsthousandsAccreditedAccredited MerchantsMerchants
““Ciclo APIMEC 2007Ciclo APIMEC 2007””HighlightsHighlights
2.4 2.4 thousandsthousandsBankingBanking
CorrespondentsCorrespondents
32.5 millions32.5 millionstransactionstransactions
Banrisul Banrisul CorrespondentsCorrespondents
““Ciclo APIMEC 2007Ciclo APIMEC 2007””HighlightsHighlights
Home Office BankingHome Office Banking
ClientsClients
41.9 millions 41.9 millions transactionstransactions
2.9 millions2.9 millions
““Ciclo APIMEC 2007Ciclo APIMEC 2007””ATM ATM TransactionTransaction VolumeVolume
70.077.4 76.8 80.0 80.6
Dec-03 Dec-04 Dec-05 Dec-06
%%
Sep-07
““Ciclo APIMEC 2007Ciclo APIMEC 2007””
Net Net ProfitProfit EvolutionEvolution
147.7 156.0
220.2
801.8
254.5
9M2003 9M2004 9M2005 9M2006 9M2007
R$ MillionsR$ Millions
““Ciclo APIMEC 2007Ciclo APIMEC 2007””Net Net ProfitProfit & & AnnualizedAnnualized
Return over ShareholderReturn over Shareholder’’s s EquityEquity
R$ MillionsR$ Millions
65.6 86.7 76.6
254.5
801.8
3Q06 2Q07 3Q07 9M06 9M07
21.8%21.8% 20.1%20.1% 11.7%11.7%
27.0%27.0%
41.1%41.1%
““Ciclo APIMEC 2007Ciclo APIMEC 2007””ShareholderShareholder’’s s EquityEquity
EvolutionEvolution
791.2878.4
1,146.7
2,722.6
1,297.9
3Q03 3Q04 3Q05 3Q06 3Q07
R$ MillionsR$ Millions
““Ciclo APIMEC 2007Ciclo APIMEC 2007””Interest over Interest over OwnOwn Capital / Capital /
DividendsDividends
130.8
190.6
143.1
172.2
110.0
2003 2004 2005 2006 9M07
R$ MillionsR$ Millions
““Ciclo APIMEC 2007Ciclo APIMEC 2007””
Asset Asset EvolutionEvolution
12,280.2 11,894.413,423.2
20,114.4
15,279.3
3Q03 3Q04 3Q05 3Q06 3Q07
R$ MillionsR$ Millions
““Ciclo APIMEC 2007Ciclo APIMEC 2007””
SecuritiesSecurities EvolutionEvolution
4,438.54,047.0
4,595.3
6,881.4
5,057.5
3Q03 3Q04 3Q05 3Q06 3Q07
R$ MilhõesR$ Milhões
““Ciclo APIMEC 2007Ciclo APIMEC 2007””
Fund Raising Fund Raising EvolutionEvolution
R$ millionsR$ millions
9,289.310,084.4
11,347.7
13,561.6
15,786.1
3Q03 3Q04 3Q05 3Q06 3Q07
““Ciclo APIMEC 2007Ciclo APIMEC 2007””
Fund Raising Fund Raising BreakdownBreakdown
3Q063Q06 2Q072Q07 3Q073Q07 3Q07/2Q073Q07/2Q07 3Q07/3Q063Q07/3Q06
TermTerm DepositsDeposits 5,164.0 5,164.0 5,712.7 5,712.7 5,827.5 5,827.5 2.0%2.0% 12.8%12.8%
DemandDemand DepositsDeposits 923.7 923.7 1,208.7 1,208.7 1,268.8 1,268.8 5.0%5.0% 37.4%37.4%
SavingsSavings DepositsDeposits 3,426.8 3,426.8 3,903.9 3,903.9 4,138.4 4,138.4 6.0%6.0% 20.8%20.8%
Other Other DepositsDeposits 80.5 80.5 86.6 86.6 73.8 73.8 --14.8%14.8% --8.4%8.4%
ThirdThird--PartyParty ResourcesResources 3,966.6 3,966.6 4,355.2 4,355.2 4,477.6 4,477.6 2.8%2.8% 12.9%12.9%
TotalTotal 13,561.6 13,561.6 15,267.1 15,267.1 15,786.1 15,786.1 3.4%3.4% 16.4%16.4%
R$ MillionsR$ Millions
““Ciclo APIMEC 2007Ciclo APIMEC 2007””BorrowingBorrowing and and DepositsDeposits
ExpensesExpenses
293.9252.4 285.0
857.4809.2
3Q06 2Q07 3Q07 9M06 9M07
R$ MillionsR$ Millions
““Ciclo APIMEC 2007Ciclo APIMEC 2007””Credit Operations Credit Operations
EvolutionEvolution
4,690.65,120.1
5,508.46,060.7
7,228.1
3Q03 3Q04 3Q05 3Q06 3Q07
R$ MillionsR$ Millions
““Ciclo APIMEC 2007Ciclo APIMEC 2007””Credit Operations Credit Operations
DistributionDistribution
39.9 191.6 432.1782.3299.1
564.5
2,388.0 2,530.6
Development & Infrastructure Real Estate Finance General Credit - Individuals General Credit - CompaniesRural Finance Exchange / Export Leasing Operations Public Sector
R$ MillionsR$ Millions
““Ciclo APIMEC 2007Ciclo APIMEC 2007””Credit Operations Credit Operations
DistributionDistribution
0.6% 2.7% 6.0%10.8%
4.1%7.8%
33.0% 35.0%
Development & Infrastructure Real Estate Finance General Credit - Individuals General Credit - CompaniesRural Finance Exchange / Export Leasing Operations Public Sector
%%
““Ciclo APIMEC 2007Ciclo APIMEC 2007””Credit & Credit & TreasuryTreasuryRevenuesRevenues’’ Participation on Participation on
IncomeIncome
39.4%42.7%39.4%39.0%
50.7%
49.3%
61.0% 60.6%57.3%
60.6%
2003 2004 2005 2006 2007
Securities and Compulsory Investment Results Leasing and Credit Revenues
%%
““Ciclo APIMEC 2007Ciclo APIMEC 2007””General Credit General Credit --
IndividualsIndividuals
3Q063Q06 2Q072Q07 3Q073Q07 3Q07/2Q073Q07/2Q07 3Q07/3Q063Q07/3Q06
VehicleVehicle FinancingFinancing 25.4 60.7 105.2 73.4% 314.1%
PayrollPayroll DeductionDeduction LoansLoans 1,055.1 1,214.7 1,369.0 12.7% 29.8%
OverdraftOverdraft FinancingFinancing 255.5 280.0 273.3 -2.4% 7.0%
Other Other LoansLoans to to IndividualsIndividuals 639.6 939.0 783.0 -16.6% 22.4%
TotalTotal 1,975.6 2,494.4 2,530.6 1.4% 28.1%
R$ MillionsR$ Millions
““Ciclo APIMEC 2007Ciclo APIMEC 2007””PayrollPayroll--DeductionDeduction CreditCredit((contractscontracts on the period)on the period)
R$ R$ ThousandsThousands3Q063Q06 2Q072Q07 3Q073Q07 3Q07/2Q073Q07/2Q07 3Q07/3Q063Q07/3Q06
PersonalPersonal LoansLoans –– Public SectorPublic Sector 216,198 301,206 473,457 57.2% 119.0%
PersonalPersonal LoansLoans –– Private Private SectorSector 34,668 44,670 58,023 29.2% 68.4%
CDC CDC VehicleVehicle -- Public SectorPublic Sector 4,553 31,156 40,280 29.3% 784.7%
CDC CDC VehicleVehicle –– Private SectorPrivate Sector 414 1,046 1,061 1.4% 156.3%
Total Total 255,833 378,078 572,821 51.5% 123.9%
““Ciclo APIMEC 2007Ciclo APIMEC 2007””General Credit General Credit --
CompaniesCompanies
R$ MillionsR$ Millions 3Q063Q06 2Q072Q07 3Q073Q07 3Q07/2Q073Q07/2Q07 3Q07/3Q063Q07/3Q06
DiscountedDiscounted ReceivablesReceivables 115.8115.8 160.7160.7 191.4191.4 19.1%19.1% 65.3%65.3%
Operating CapitalOperating Capital 1,048.41,048.4 1,475.21,475.2 1,669.61,669.6 13.2%13.2% 59.3%59.3%
VendorVendor FinancingFinancing 395.7395.7 264.8264.8 259.5259.5 --2.0%2.0% --34.4%34.4%
OverdraftOverdraft ProtectedProtected AccountsAccounts 117.2117.2 112.0112.0 164.6164.6 47.0%47.0% 40.5%40.5%
OthersOthers 167.4167.4 110.9110.9 102.9102.9 --7.2%7.2% --38.5%38.5%
Total to Total to CompaniesCompanies 1,844.41,844.4 2,123.62,123.6 2,388.02,388.0 12.5%12.5% 29.5%29.5%
““Ciclo APIMEC 2007Ciclo APIMEC 2007””
General Credit General Credit RevenuesRevenues
398.3 413.8 432.1
1,207.4 1,238.2
3Q06 2Q07 3Q07 9M06 9M07
R$ MillionsR$ Millions
4.4%8.5%
2.6%
““Ciclo APIMEC 2007Ciclo APIMEC 2007””General Credit General Credit RevenuesRevenues
-- IndividualsIndividuals
R$ MillionsR$ Millions
3Q06 2Q07 3Q07 3Q07/2Q07 3Q07/3Q06 9M06 9M07 9M07/9M06
CDC Vehicle 1.8 2.1 4.4 109.5% 144.4% 5.6 8.2 46.4%
Payroll Deduction Loans 68.1 82.9 96.4 16.3% 41.6% 197.4 252.8 28.1%
Overdraft Financing 62.8 67.2 68.2 1.5% 8.6% 185.4 195.9 5.7%
Other 77.9 85.2 75.7 -11.2% -2.8% 228.7 243.4 6.4%
Total to Individuals 210.6 237.5 244.7 3.0% 16.2% 617.1 700.4 13.5%
““Ciclo APIMEC 2007Ciclo APIMEC 2007””RevenuesRevenues on General on General Credit Operations Credit Operations --
CompaniesCompanies
124.0 119.3 128.2
388.7364.9
3Q06 2Q07 3Q07 9M06 9M07
7.4%
3.4% -6.1%
R$ MillionsR$ Millions
““Ciclo APIMEC 2007Ciclo APIMEC 2007””Credit Credit OperationOperation & &
Provision TotalProvision Total
6,060.7
6,866.87,228.1
879.6 870.6 881.9
3Q06 2Q07 3Q07
Credit Portfolio Provision
R$ MillionsR$ Millions
14.5% 12.2%12.7%
““Ciclo APIMEC 2007Ciclo APIMEC 2007””Credit Portfolio per Risk Credit Portfolio per Risk
LevelLevel
4,917.45,469.5 5,777.9
991.9 1,097.6 1,049.9
340.8241.4333.9
3Q06 2Q07 3Q07
Normal Risk ("AA" to "C") Risk 1 ("D" to "G") Risk 2 ("H")
78.8%78.8%80.3%80.3% 80.6%80.6%
R$ MilhõesR$ Milhões
““Ciclo APIMEC 2007Ciclo APIMEC 2007””
Coverage Coverage IndexIndex
%%
242.1%
307.7%322.0%
3Q06 2Q07 3Q07
Percentage between allowance for credit losses and the balance of operations overdue for more then 60 days that do not generate revenue
““Ciclo APIMEC 2007Ciclo APIMEC 2007””RevenuesRevenues from from
RenderingRendering ServicesServices
139.5 132.3 137.9
412.4 404.4
3Q06 2Q07 3Q07 9M06 9M07
R$ MillionsR$ Millions
““Ciclo APIMEC 2007Ciclo APIMEC 2007””
Administrative ExpensesAdministrative Expenses
558.2530.1
203.1181.9177.1
136.8 115.5 143.3
392.8 392.1
922.9
313.9 297.4346.4
950.3
3Q06 2Q07 3Q07 9M06 9M07
Personnel Expenses Other Administrative Expenses Total
R$ MillionsR$ Millions
““Ciclo APIMEC 2007Ciclo APIMEC 2007””Default RateDefault Rate
4.64.9 4.8 4.9
3.7
Dec-03 Dec-04 Dec-05 Dec-06
%%
Sep-07
““Ciclo APIMEC 2007Ciclo APIMEC 2007””
EfficiencyEfficiency RateRate
%%
56.356.755.9
53.9
60.0
3Q06 2Q07 3Q07 9M06 9M07
'
53.9
““Ciclo APIMEC 2007Ciclo APIMEC 2007””
Banco do Estado do Rio Grande do Sul S.A.Rua Capitão Montanha, nº 177 – CentroPorto Alegre – Rio Grande do SulCEP 90010-040Phone: +55 51 3215-3230
+55 51 3215-3231+55 51 3215-3232+55 51 3215-3233
Fax: +55 51 3215-3200www.banrisul.com.br/[email protected]