Banco Santander Brasil S.A.

Consolidated Condensed Interim Financial

Statements Prepared in accordance with IAS 34

September 30, 2021

Free Translation into English from the Original Previously Issued in Portuguese)

BANCO SANTANDER (BRASIL) S.A.

CONSOLIDATED CONDENSED INTERIM FINANCIAL STATEMENTS

TABLE OF CONTENTS

Page

Consolidated Condensed Balance Sheet ...........................................................................................................................................................................................

5

Consolidated Condensed Statements of Income...........................................................................................................................................................................

7

Consolidated Condensed Statements of Comprehensive Income .........................................................................................................................................

8

Consolidated Condensed Statement of Changes in Stockholders' Equity ..........................................................................................................................

9

Consolidated Condensed Statement of Cash Flows ...................................................................................................................................................................

10

1.

Introduction, presentation of condensed consolidated financial statements and other information........................................................

11

2.

Basis of consolidation ...................................................................................................................................................................................................................

14

3.

Financial assets.................................................................................................................................................................................................................................

19

4.

Non-current assets held for sale ..............................................................................................................................................................................................

21

5.

Investments in associates and joint ventures......................................................................................................................................................................

21

6.

Tangible assets.................................................................................................................................................................................................................................

23

7.

Intangible assets - Goodwill .......................................................................................................................................................................................................

24

8.

Intangible assets - Other intangible assets..........................................................................................................................................................................

25

9.

Financial liabilities ...........................................................................................................................................................................................................................

25

10.

Provision for legal and administrative proceedings, commitments and other provisions ..............................................................................

28

11.

Stockholders' equity ......................................................................................................................................................................................................................

32

12.

Income Tax.........................................................................................................................................................................................................................................

34

13.

Detailing of income accounts ....................................................................................................................................................................................................

35

14.

Employee Benefit Plan ..................................................................................................................................................................................................................

35

15.

Operating segments ......................................................................................................................................................................................................................

37

16.

Related party transactions...........................................................................................................................................................................................................

39

17.

Fair value of financial assets and liabilities...........................................................................................................................................................................

45

18.

Other disclosures ............................................................................................................................................................................................................................

49

19.

Subsequent Events .........................................................................................................................................................................................................................

57

APPENDIX I - CONSOLIDATED CONDENSED STATEMENT OF VALUE ADDED ...............................................................................................................

58

Performance Review .................................................................................................................................................................................................................................

59

Declaration of directors on the financial statements..................................................................................................................................................................

66

Directors' Statement on Independent Auditors ............................................................................................................................................................................

67

Composition of Management Bodies................................................................................................................................................................................................

68

* Values expressed in thousands, except when indicated.

Consolidated Condensed Balance Sheet

Note

9/30/2021

12/31/2020

Cash

17,791,121

20,148,725

Financial Assets Measured At Fair Value Through Profit Or Loss

3.a

34,329,451

60,900,466

Debt instruments

3,391,553

3,545,660

Derivatives

12,457

-

Balances with the Brazilian Central Bank

30,925,441

57,354,806

Financial Assets Measured At Fair Value Through Profit Or Loss Held For Trading

3.a

88,893,899

98,466,232

Debt instruments

52,497,741

68,520,799

Equity instruments

2,068,761

1,818,276

Trading derivatives

18.a

34,327,397

28,127,157

Non-Trading Financial Assets Mandatorily Measured At Fair Value Through Profit Or Loss

3.a

710,958

499,720

Loans and advances to customers

276,754

60,808

Equity instruments

434,204

438,912

Financial Assets Measured At Fair Value Through Other Comprehensive Income

3.a

100,580,586

109,740,387

Debt instruments

100,547,524

109,668,214

Equity instruments

33,062

72,173

Financial Assets Measured At Amortized Cost

3.a

614,152,888

554,924,796

Loans and amounts due from credit institutions

89,953,196

112,849,776

Loans and advances to customers

449,683,506

393,707,229

Debt instruments

74,516,186

48,367,791

Hedging Derivatives

18.a

483,891

743,463

Non-Current Assets Held For Sale

4

905,586

1,092,909

Investments in Associates and Joint Ventures

5

1,279,301

1,094,985

Tax Assets

41,661,559

41,063,782

Current

4,557,623

3,082,084

Deferred

37,103,936

37,981,698

Other Assets

5,935,896

7,222,411

Tangible Assets

6

8,717,564

9,537,111

Intangible Assets

30,139,740

30,766,498

Goodwill

7

27,652,759

28,360,137

Other intangible assets

8

2,486,981

2,406,361

Total Assets

945,582,440

936,201,485

Condensed Consolidated Interim Financial Statements | September 30, 2021 | 5

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Banco Santander (Brasil) SA published this content on 27 October 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 27 October 2021 06:57:12 UTC.