Balance sheet

 
BANCO CENTRAL DO BRASIL
BALANCE SHEET - AS OF DECEMBER 31
(In thousands of Reais)
 
ASSETS
Notes
2003
2002
CURRENT AND LONG TERM ASSETS
475,598,126
475,813,253
FOREIGN
167,888,212
154,178,017
Foreign Operations
167,921,028
154,215,741
Allowance for Doubtful Debtors
(32,816)
(37,724)
DOMESTIC
307,709,914
321,635,236
Operations
280,639,904
274,390,690
- Federal Public Securities
249,036,530
242,936,290
- Securities Pledged as Guarantees of Swap Operations
19,224,639
27,482,751
- Repurchase operations - Freely transacted
12,011,151
    -
- Security Operations – Resale Commitments
301,664
3,010,713
- Sale of Foreign Currency in the Domestic Market - to be Settled
    -
840,035
- Derivative Operations 
60,264
120,748
- Other Operations
5,656
153
Other Credits
26,639,759
41,290,288
- Receivables
23,971,181
28,650,868
- (Allowance for Doubtful Debtors)
(6,594,691)
(8,976,588)
- Funds Managed by Centrus
1,562,091
1,465,804
- Securities Receivable
686,081
1,127,253
- (Allowance for Doubtful Debtors)
(170,352)
(150,990)
- Credit to be Covered by the National Treasury
7,172,543
19,161,634
- Sundry Credits
12,906
12,307
Other Accounts
430,251
5,954,258
- Advances on Export Foreign Exchange Contracts
    -
5,313,956
- Settlement of Contributions – Law 9,650
    -
605,613
- Credits with PSS
305,162
    -
- Sundry Credits
125,089
34,689
 
PERMANENT ASSETS
13,863,194
15,412,773
INVESTMENTS
13,108,763
14,625,573
Capital Shares of International Financial Agencies
13,108,763
14,625,573
- International Monetary Fund – IMF
13,005,134
14,498,835
- Bank for International Settlements – BIS
103,629
126,738
FIXED ASSETS
754,431
787,200
Fixtures and Fittings
176,307
180,085
Real Estate
665,203
773,941
Intangible Assets
60
60
(Accumulated Depreciation)
(87,139)
(166,886)
 
TOTAL
489,461,320
491,226,026
 
LIABILITIES
Notes
2003
2002
CURRENT AND LONG TERM LIABILITIES
431,053,355
436,040,915
FOREIGN
124,788,492
107,544,667
Obligations in Foreign Currency
105,219,403
92,428,293
Deposits of International Financial Agencies
13,383,025
14,982,657
Further Accounts
6,186,064
133,717
DOMESTIC
306,264,863
328,496,248
Deposits of Financial Institutions
78,812,820
78,665,975
- Bank Reserves – Demand Deposits
21,855,273
23,371,206
- Bank Reserves – Savings Deposits
28,558,534
28,047,600
- Bank Reserves – Legal Deposits
14,922,255
12,714,998
- Bank Reserves – Term Deposits
23,439,662
23,484,357
- Bank Reserves – Additional Requirements
27,002,421
26,502,920
- Channeling of SBPE Funds
1,569,100
1,815,618
- Sundry Accounts
1,396,592
700,159
- (Collection in Federal Government Securities)
(39,931,017)
(37,970,883)
Other Deposits
120,224,172
88,566,749
- Compulsory Federal Government Deposits
120,189,562
88,526,786
- Deposits Earmarked to Operation Guarantees
1,688,520
4,132,279
- Sundry Accounts
34,604
39,954
- (Collection in Federal Government Securities)
(1,688,514)
(4,132,270)
Other Liabilities
106,141,946
159,425,767
- Central Bank Notes – NBC
30,618,991
67,021,394
- Security Operations – Repurchase Agreements
66,112,159
80,099,412
- Derivative Operations
1,457,774
4,465,309
- Purchase of Foreign Currency in the Domestic Market - to be Settled
    -
7,232,629
- Result to be Transferred to The National Treasury
5,356,483
    -
- Allowance for Legal Suits in Progress
2,427,490
558,811
- (Deposits Earmarked to Appeals)
(406,063)
(406,063)
- Court Orders - Judicial Requests Payable
533,817
419,675
- Sundry Accounts
41,295
34,600
Other Accounts
1,085,925
1,837,757
- Other Obligations Recorded in Foreign Currency
27,943
34,174
- Settlement of Contributions – Law 9,650
    -
243,307
- Remuneration of Federal Government Deposits to be Transferred
40,934
588,421
- Amounts payable – Centrus
780,805
725,507
- Allowance for Actuarial Liabilities
183,703
181,288
- Sundry Accounts
52,540
65,060
 
MONEY SUPPLY
51,363,863
49,931,066
 
NET EQUITY
7,044,102
5,254,045
Equity
2,576,356
2,576,356
Contingency Reserves
3,978,086
2,193,946
Revaluation Reserve
489,660
483,743
 
TOTAL
489,461,320
491,226,026
See accompanying notes to the financial statements.