Banco de Chile : Consolidated Financial Statements As of June 30, 2019

Consolidated Financial Statements

As of June 30, 2019

BANCO DE CHILE AND SUBSIDIARIES

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CONTENTS

I,	Consolidated Statement of Financial Position

1. Consolidated Statement of Income for the Period

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MCh$ = Millions of Chilean pesos

BANCO DE CHILE AND SUBSIDIARIES

CONSOLIDATED STATEMENT OF FINANCIAL POSITION

As of June 30, 2019

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ASSETS	MCh$
Cash and due from banks	1,150,682
Transactions in the course of collection	1,023,491
Financial assets held-for-trading	1,550,158
Cash collateral on securities borrowed and reverse repurchase agreements	93,982
Derivative instruments	1,435,764
Loans and advance to banks	1,191,846
Loans to customers, net	28,205,600
Financial assets available-for-sale	1,243,177
Financial assets held-to-maturity	-
Investments in other companies	47,694
Intangible assets	54,423
Property and equipment	218,525
Leased assets	156,671
Current tax assets	388
Deferred tax assets	319,922
Other assets	562,342
TOTAL ASSETS	37,254,665

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BANCO DE CHILE AND SUBSIDIARIES

CONSOLIDATED STATEMENT OF FINANCIAL POSITION

As of June 30, 2019

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LIABILITIES	MCh$
Current accounts and other demand deposits	9,600,788
Transactions in the course of payment	727,547
Cash collateral on securities lent and repurchase agreements	261,120
Saving accounts and time deposits	10,798,909
Derivative instruments	1,572,621
Borrowings from financial institutions	1,596,655
Debt issued	7,863,807
Other financial obligations	171,284
Lease liabilities	155,373
Current tax liabilities	74,389
Deferred tax liabilities	-
Provisions	506,928
Other liabilities	532,593
TOTAL LIABILITIES	33,862,014
EQUITY
Attributable to equity holders of the parent:
Capital	2,418,833
Reserves	703,317
Other comprehensive income	(44,824)
Retained earnings:
Retained earnings from previous periods	170,171
Income for the period	293,663
Less:
Provision for minimum dividends	(148,510)
Subtotal	3,392,650
Non-controlling interest	1
TOTAL EQUITY	3,392,651
TOTAL LIABILITIES AND EQUITY	37,254,665

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BANCO DE CHILE AND SUBSIDIARIES

CONSOLIDATED STATEMENT OF INCOME FOR THE PERIOD

As of June 30, 2019

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Interest revenue

Interest expense

Net interest income

Income from fees and commissions

Expenses from fees and commissions

Net fees and commissions income

Net financial operating income

Foreign exchange transactions, net

Other operating income

Total operating revenues

Provisions for loan losses

OPERATING REVENUES, NET OF PROVISIONS FOR LOAN LOSSES

Personnel expenses

Administrative expenses

Depreciation and amortization

Impairments

Other operating expenses

TOTAL OPERATING EXPENSES

NET OPERATING INCOME

Income attributable to associates

Income before income tax

Income taxes

NET INCOME FOR THE PERIOD

Attributable to:

Equity holders of the parent

Non-controlling interest

MCh$

1,031,683

(364,583)

667,100

279,671

(64,027)

215,644

43,431

32,391

24,346

982,912

(157,115)

825,797

(228,927)

(166,323)

(34,665)

(822)

(21,786)

(452,523)

373,274

3,973

377,247

(83,584)

293,663

293,663

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Héctor Hernández G.	Eduardo Ebensperger O.
Accounting Manager	Chief Executive Officer

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