Itaú Corpbanca and subsidiaries

As of and for the seven-month period ended July 31, 2021 and 2020

The financial information of Itaú Corpbanca as of and for the seven-month period ended July 31, 2021 and 2020 has been published on our website in accordance with Circular No 18 of the Chilean Commission for the Financial Market (or "CMF") dated September 1st, 2008. The unaudited financial information included herein has been prepared in accordance with the Compendium of Accounting Standards issued by CMF pursuant to Chilean Generally Accepted Accounting Principles (Chilean GAAP), which conform with the international standards of accounting and financial reporting issued by the International Accounting Standards Board (IASB) to the extent that there are not specific instructions or regulations to the contrary issued by the CMF.

CONDENSED CONSOLIDATED BALANCE SHEET

In Ch$ million

Jul'21

Jul'20

Total loans

23,120,252

23,518,664

Total assets

34,618,772

37,989,607

Deposits and other demand liabilities

6,689,740

5,426,502

Time deposits and other time liabilities

10,198,885

12,732,830

Interbank borrowings

4,502,224

4,483,243

Debt instruments issued

6,216,322

6,204,360

Equity

2,395,603

2,574,717

Total equity attributable to equity holders of the Bank

2,325,857

2,498,804

Non-controlling interest

69,746

75,913

YTD CONSOLIDATED INCOME STATEMENT

With reclassification of financial hedges1

and impairment adjustment2

In Ch$ million

7M'21

7M'20

7M'21

7M'20

Net operating profit before provision for loan losses

730,366

642,264

683,397

632,791

Provisions for loan losses 3

(89,523)

(209,746)

(78,467)

(206,290)

Total operating expenses

(394,856)

(1,217,000)

(394,856)

(408,153)

Operating income

245,987

(784,482)

210,074

18,348

Income from investments in companies

439

1,344

439

1,344

Operating income before income taxes

246,426

(783,138)

210,513

19,692

Income taxes

(68,648)

36,842

(32,735)

8,313

Consolidated income for the period

177,778

(746,296)

177,778

28,005

Net income attributable to holders of the Bank

176,186

(737,245)

176,186

26,779

Non-controlling interest

1,592

(9,051)

1,592

1,226

1 - Includes the reclassification of foreign exchange gain or loss generated by hedge positions that neutralize the impacts of exchange rate variation on the fiscal value of our investments abroad and on our loan loss provisions associated with loans in foreign currency.

2 - For presentation purposes the partial impairment of the goodwill allocated to the Chilean CGU and the total impairment of the goodwill and intangible assets generated in the ITCB business combination allocated to the Colombian CGU in June 2020 have been adjusted in column 7M'20.

3 - Includes Ch$7.0 billion of additional provisions established during the 7M period ended July 31, 2021 ($34.5 billion during the 7M period ended July 31, 2020).

This financial information shall be considered provisional until the official figures are published by the Commission for the Financial Market.

Roxana Zamorano

Gabriel Moura

Chief Accounting Officer

Chief Executive Officer

1

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Itaú CorpBanca published this content on 11 August 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 11 August 2021 03:35:03 UTC.