Banco de Credito e Inversiones : Accumulated and Consolidated Results as of December 31st

BANCO DE CREDITO E INVERSIONES AND SUBSIDIARIES

FINANCIAL INFORMATION

AS OF DECEMBER 31, 2021

Shown below, are the cummulative and consolidated results of the Bank and subsidiaries as of and for the Year ended December, 2021. These results have already been delivered to the Financial Market Commission.

This data is provisional until it is officially published by the referred organization.

CONSOLIDATED STATEMENTS OF FINANCIAL POSITION				CONSOLIDATED STATEMENTS OF INCOME
(In millions of Chilean pesos -MCh$)				(In millions of Chilean pesos -MCh$)
ASSETS	MCh$				MCh$
Cash and deposits in banks	3,960,497			Interest income	2,359,133
Items in course of collection	350,073			Interest expense	(761,611)
Securities held for trading	873,869
Agreements to repurchase and securities lending	186,753			Net interest income	1,597,522
Derivative financial agreements and hedge accounting	6,781,524			Fee and commission income	474,401
Loans and receivables to banks, net	639,533			Fee and commission expense	(127,876)
Loans and receivables to customers, net	40,230,382
Financial investments available for sale	11,204,593			Net fee and commission income	346,525
Financial investments held to maturity	2,297,355			Net gain from financial operations	139,777
Investments in other companies	32,762			Foreign exchange results, net	22,547
Intangible assets	440,958			Other operating income	54,932
Property, plant and equipment, net	252,736
Right -of- use asset	189,025			Operating income	2,161,303
Current income tax	19,977
Deferred income taxes	251,196			Provisions for loan losses	(400,545)
Other assets	1,447,401
TOTAL ASSETS	69,158,634			OPERATING INCOME, NET OF ALLOWANCE FOR CREDIT RISK	1,760,758
LIABILITIES				Staff costs	(540,053)
Deposits and other on-demand liabilities	27,653,442			Administrative expenses	(333,625)
Items in course of collection	258,686			Depreciation and amortization	(106,931)
Liabilities under agreements to repurchase	141,178			Impairment of property, plant and equipment and intangible assets	(23)
Deposits and other term loans	10,865,148			Other operating expenses	(60,388)
Derivative financial agreements and hedge accounting	6,587,047
Bank borrowings	6,970,962			TOTAL OPERATING EXPENSES	(1,041,020)
Debt issued	8,761,131
Other financial liabilities	1,027,978			TOTAL NET OPERATING INCOME	719,738
Lease liabilities	173,726
Current income tax	141,535			Share of profit (loss) of investments accounted for using the equity method	2,290
Deferred income taxes	926			Profit before tax	722,028
Provisions	710,889
Other liabilities	1,364,510			Income tax expense	(201,483)
TOTAL LIABILITIES	64,657,158			Net income from continuing operations	520,545
				Net income from discontinued operations	0
SHAREHOLDERS' EQUITY
Attributable to equity holders of the Bank:				CONSOLIDATED PROFIT FOR THE YEAR	520,545
Capital	3,862,386
Reserves	24			Attributable to:
Accumulated other comprehensive income	273,392			Equity holders of the Bank	520,391
Retained earnings:				Non-controlling interest	154
Net income from prior periods	0			Total	520,545
Profit or loss for the year	520,391
Less: Accrual for minimum dividends	(156,117)
TOTAL EQUITY OF EQUITY HOLDERS OF THE BANK	4,500,076
Non-controlling interest	1,400
TOTAL SHAREHOLDERS' EQUITY	4,501,476
TOTAL LIABILITIES AND SHAREHOLDER'S EQUITY	69,158,634

As of December 31, 2021, Banco de Crédito e Inversiones has constituted additional provisions with a charge to results in the line provision for loan losses of Ch$183,293 million (before taxes).

Alfredo Mendoza Osorio	Eugenio Von Chrismar
Accounting Officer	CEO