Banco Santander Brasil S A : 1Q21 IFRS Financial Statements

Banco Santander Brasil S.A.

Consolidated Condensed Interim Financial

Statements Prepared in accordance with IAS 34

March 31, 2021

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

BANCO SANTANDER (BRASIL) S.A.

CONDENSED CONSOLIDATED INTERIM FINANCIAL STATEMENTS

TABLE OF CONTENTS	Page
Consolidated Balance Sheet ....................................................................................................................................................................................................................	6
Consolidated Statement of Income .....................................................................................................................................................................................................	8
Consolidated Statement of Comprehensive Income ....................................................................................................................................................................	9
Consolidated Statement of Changes in Stockholders' Equity.................................................................................................................................................	10
Consolidated Statement of Cash Flows ............................................................................................................................................................................................	11
1.	Introduction, presentation of condensed consolidated financial statements and other information .......................................................	12
2.	Basis of consolidation ...................................................................................................................................................................................................................	15
3.	Financial assets ................................................................................................................................................................................................................................	19
4.	Non-current assets held for sale ..............................................................................................................................................................................................	22
5.	Investments in associates and joint ventures .....................................................................................................................................................................	22
6.	Tangible assets ................................................................................................................................................................................................................................	24
7.	Intangible assets - Goodwill.......................................................................................................................................................................................................	24
8.	Intangible assets - Other intangible assets..........................................................................................................................................................................	25
9.	Financial liabilities...........................................................................................................................................................................................................................	26
10.	Provision for legal and administrative proceedings, commitments and other provisions ........................................................................	29
11.	Stockholders' Equity ................................................................................................................................................................................................................	32
12.	Income Tax...................................................................................................................................................................................................................................	34
13.	Detailing of income accounts ..............................................................................................................................................................................................	35
14.	Employee Benefit Plan ............................................................................................................................................................................................................	36
15.	Operating segments ................................................................................................................................................................................................................	37
16.	Related party transactions ....................................................................................................................................................................................................	38
17.	Fair value of financial assets and liabilities.....................................................................................................................................................................	45
18.	Other disclosures ......................................................................................................................................................................................................................	49
19.	Subsequent Event .....................................................................................................................................................................................................................	57
APPENDIX I - Consolidated Statement of Value Added ...........................................................................................................................................................	58
Performance Report..................................................................................................................................................................................................................................	59
Composition of Management Bodies................................................................................................................................................................................................	68
Declaration of directors on the financial statements..................................................................................................................................................................	70
Directors' Statement on Independent Auditors ............................................................................................................................................................................	71