SDDS Special Data Dissemination Standard

Date of last update: 12/16/2010

FINANCIAL SOUNDNESS INDICATORS (FSIs) METADATA

II. Periodicity, Definitional Deviations from the Guide and Data Source
	Description	Periodicity	Definitional Deviations from the Guide		Data Source
			Definitional Consistency	Deviations
I1	Regulatory capital to risk-weighted assets	Quarterly	LFC	(See deviations for underlying series S1 and S2)	Supervisory
S1	Total regulatory capital		LFC	Tier 1 includes goodwill; Fixed asset revaluation reserve is limited to 25% of regulatory capital.	Supervisory
S2	Risk-weighted assets		LFC	External ratings are not employed; Negative gross income is not considered in the three-year average used to calculate the capital charge for the operational risk metric.	Supervisory
I2	Regulatory Tier 1 capital to risk-weighted assets	Quarterly	LFC	(See deviations for underlying series S3 and S4)	Supervisory
S3	Regulatory Tier 1 capital		LFC	Includes goodwill.	Supervisory
S4	Risk-weighted assets		LFC	External ratings are not employed; Negative gross income is not considered in the three-year average used to calculate the capital charge for the operational risk metric.	Supervisory
I3	Nonperforming loans net of provisions to capital	Quarterly	LFC	(See deviations for underlying series S5 and S6)	Supervisory
S5	Nonperforming loans net of provisions		LFC	Excludes repurchase agreements that are not classified as deposits; Includes trade credit and similar accounts receivable; Excludes loans among deposit-takers; Includes interest accrued on some NPLs; Interest arrears on nonperforming assets continue to be included in the value of the underlying instrument recorded on the balance sheet only up to 59 days in arrears, but provisions are not created at the same time to offset the recording of interest arrears; Total Provisions include provisions for NPLs and provisions constituted for other loans; There is a possibility that loans overdue less than 90 days are being considered as NPL and there is also a possibility that loans overdue more than 90 days are not being considered as NPL. This is because, while loans are generally classified as NPLs when payments of interest or principal are past due 90 days or more, other factors affecting the ability of debtor’s repayment are also taken into account for defining NPLs. Banks have to establish their own loan review procedures following central bank’s guidance to examine the quality of loans for classification purposes.	Supervisory
S6	Total capital and reserves		LFC	Includes (excludes) any goodwill arising from the purchase (sale) of a stake in an associate or subsidiary (or reverse equity investment stake); Reflects interest accrued on nonperforming assets.	Supervisory
I4	Nonperforming loans to total gross loans	Quarterly	LFC	(See deviations for underlying series S7 and S8)	Supervisory
S7	Nonperforming loans		LFC	Includes trade credit and similar accounts receivable; Excludes loans among deposit-takers; Includes interest accrued on some NPLs; Excludes repurchase agreement that are not classified as deposits; Interest arrears on nonperforming assets continue to be included in the value of the underlying instrument recorded on the balance sheet only up to 59 days in arrears, but provisions are not created at the same time to offset the recording of interest arrears; There is a possibility that loans overdue less than 90 days are being considered as NPL and there is also a possibility that loans overdue more than 90 days are not being considered as NPL. This is because, while loans are generally classified as NPLs when payments of interest or principal are past due 90 days or more, other factors affecting the ability of debtor’s repayment are also taken into account for defining NPLs. Banks have to establish their own loan review procedures following central bank’s guidance to examine the quality of loans for classification purposes.	Supervisory
S8	Total gross loans		LFC	Includes trade credit and similar accounts receivable; Excludes loans among deposit-takers; Excludes repurchase agreements that are not classified as deposits; Includes interest accrued on some NPLs – Interest arrears on nonperforming assets continue to be included in the value of the underlying instrument recorded on the balance sheet only up to 59 days in arrears, but provisions are not created at the same time to offset the recording of interest arrears.	Supervisory
I5	Sectoral distribution of loans to total loans	Quarterly	LFC	(See deviations for underlying series S9 and S10)	Supervisory
S9	Sectoral distribution of loans		LFC	Includes trade credit and similar accounts receivable; Excludes repurchase agreements that are not classified as deposits; Includes interest accrued on some NPLs – Interest arrears on nonperforming assets continue to be included in the value of the underlying instrument recorded on the balance sheet only up to 59 days in arrears, but provisions are not created at the same time to offset the recording of interest arrears; Data cover individual loans whose amounts are above 5,000 Reais.	Supervisory
S10	Total gross loans		LFC	Includes trade credit and similar accounts receivable; Excludes repurchase agreements that are not classified as deposits; Includes interest accrued on some NPLs – Interest arrears on nonperforming assets continue to be included in the value of the underlying instrument recorded on the balance sheet only up to 59 days in arrears, but provisions are not created at the same time to offset the recording of interest arrears; Data cover individual loans whose amounts are above 5,000 Reais.	Supervisory
I6	Return on assets	Quarterly	LFC	(See deviations for underlying series S12)	Supervisory
S11	Net income before extraordinary items and taxes		FC	-	Supervisory
S12	Total assets		LFC	Includes goodwill; Includes interest accrued on some nonperforming assets; Interest arrears on nonperforming assets continue to be included in the value of the underlying instrument recorded on the balance sheet only up to 59 days in arrears, but provisions are not created at the same time to offset the recording of interest arrears.	Supervisory
I7	Return on equity	Quarterly	LFC	(See deviations for underlying series S14)	Supervisory
S13	Net income before extraordinary items and taxes		FC	-	Supervisory
S14	Total capital and reserves		LFC	Includes (excludes) any goodwill arising from the purchase (sale) of a stake in an associate or subsidiary (or reverse equity investment stake); Reflects interest accrued on nonperforming assets.	Supervisory
I8	Interest margin to gross income	Quarterly	FC	-	Supervisory
S15	Interest margin		FC	-	Supervisory
S16	Gross income		FC	-	Supervisory
I9	Noninterest expenses to gross income	Quarterly	FC	-	Supervisory
S17	Noninterest expenses		FC	-	Supervisory
S18	Gross income		FC	-	Supervisory
I10	Liquid assets to total assets	Quarterly	LFC	(See deviations for underlying series S20)	Supervisory
S19	Liquid assets: broad measure		FC	-	Supervisory
S20	Total assets		LFC	Includes goodwill; Includes interest accrued on some nonperforming assets; Interest arrears on nonperforming assets continue to be included in the value of the underlying instrument recorded on the balance sheet only up to 59 days in arrears, but provisions are not created at the same time to offset the recording of interest arrears.	Supervisory
I11	Liquid assets to short-term liabilities	Quarterly	LFC	(See deviations for underlying series S22)	Supervisory
S21	Liquid assets: broad measure		FC	-	Supervisory
S22	Short-term liabilities		LFC	Includes only liabilities maturing within 3 months; Derivative asset position is not netted out.	Supervisory
I12	Net open position in foreign exchange to capital	Quarterly	LFC	(See deviations for underlying series S23 and S24)	Supervisory
S23	Net open position in foreign exchange		LFC	Excludes guarantees and similar instruments, which are certain to be called and likely to be irrecoverable.	Supervisory
S24	Total capital and reserves		LFC	Includes (excludes) any goodwill arising from the purchase (sale) of a stake in an associate or subsidiary (or reverse equity investment stake); Reflects interest accrued on nonperforming assets.	Supervisory
LFC: Less than Full Consistency; FC: Full Consistency

III. Institutional Coverage, Consolidation Basis and Intra/Inter Group Adjustments
	Description	Institutional Coverage		Consolidation Basis		Intra Group Adjustments		Inter Group Adjustments
		Consistency with the Guide	Explanations	Consistency with the Guide	Consolidation basis used	Consistency with the Guide	Explanations
I1	Regulatory capital to risk-weighted assets	LFC	Includes BNDES, which is not a deposit-taker.	FC	CBCSDI	FC	-	No inter-group adjustments.
S1	Total regulatory capital	LFC	Includes BNDES, which is not a deposit-taker.	FC	CBCSDI	FC	-	No inter-group adjustments.
S2	Risk-weighted assets	LFC	Includes BNDES, which is not a deposit-taker.	FC	CBCSDI	FC	-	No inter-group adjustments.
I2	Regulatory Tier 1 capital to risk-weighted assets	LFC	Includes BNDES, which is not a deposit-taker.	FC	CBCSDI	FC	-	No inter-group adjustments.
S3	Regulatory Tier 1 capital	LFC	Includes BNDES, which is not a deposit-taker.	FC	CBCSDI	FC	-	No inter-group adjustments.
S4	Risk-weighted assets	LFC	Includes BNDES, which is not a deposit-taker.	FC	CBCSDI	FC	-	No inter-group adjustments.
I3	Nonperforming loans net of provisions to capital	LFC	Includes BNDES, which is not a deposit-taker.	FC	CBCSDI	FC	-	No inter-group adjustments.
S5	Nonperforming loans net of provisions	LFC	Includes BNDES, which is not a deposit-taker.	FC	CBCSDI	FC	-	No inter-group adjustments.
S6	Total capital and reserves	LFC	Includes BNDES, which is not a deposit-taker.	FC	CBCSDI	FC	-	No inter-group adjustments.
I4	Nonperforming loans to total gross loans	LFC	Includes BNDES, which is not a deposit-taker.	FC	CBCSDI	FC	-	Not applicable.
S7	Nonperforming loans	LFC	Includes BNDES, which is not a deposit-taker.	FC	CBCSDI	FC	-	Not applicable.
S8	Total gross loans	LFC	Includes BNDES, which is not a deposit-taker.	FC	CBCSDI	FC	-	Not applicable.
I5	Sectoral distribution of loans to total loans	LFC	Includes BNDES, which is not a deposit-taker. Data cover only individual loans above 5,000 units of local currency. Loans extended by branches and subsidiaries abroad are not included.	FC	CBCSDI	LFC	No intra-group adjustments.	Not applicable.
S9	Sectoral distribution of loans	LFC	Includes BNDES, which is not a deposit-taker. Data cover only individual loans above 5,000 units of local currency. Loans extended by branches and subsidiaries abroad are not included.	FC	CBCSDI	LFC	No intra-group adjustments.	Not applicable.
S10	Total gross loans	LFC	Includes BNDES, which is not a deposit-taker. Data cover only individual loans above 5,000 units of local currency. Loans extended by branches and subsidiaries abroad are not included.	FC	CBCSDI	LFC	No intra-group adjustments.	Not applicable.
I6	Return on assets	LFC	Includes BNDES, which is not a deposit-taker.	FC	CBCSDI	FC	-	No inter-group adjustments.
S11	Net income before extraordinary items and taxes	LFC	Includes BNDES, which is not a deposit-taker.	FC	CBCSDI	FC	-	No inter-group adjustments.
S12	Total assets	LFC	Includes BNDES, which is not a deposit-taker.	FC	CBCSDI	FC	-	No inter-group adjustments.
I7	Return on equity	LFC	Includes BNDES, which is not a deposit-taker.	FC	CBCSDI	FC	-	No inter-group adjustments.
S13	Net income before extraordinary items and taxes	LFC	Includes BNDES, which is not a deposit-taker.	FC	CBCSDI	FC	-	No inter-group adjustments.
S14	Total capital and reserves	LFC	Includes BNDES, which is not a deposit-taker.	FC	CBCSDI	FC	-	No inter-group adjustments.
I8	Interest margin to gross income	LFC	Includes BNDES, which is not a deposit-taker.	FC	CBCSDI	FC	-	No inter-group adjustments.
S15	Interest margin	LFC	Includes BNDES, which is not a deposit-taker.	FC	CBCSDI	FC	-	No inter-group adjustments.
S16	Gross income	LFC	Includes BNDES, which is not a deposit-taker.	FC	CBCSDI	FC	-	No inter-group adjustments.
I9	Noninterest expenses to gross income	LFC	Includes BNDES, which is not a deposit-taker.	FC	CBCSDI	FC	-	No inter-group adjustments.
S17	Noninterest expenses	LFC	Includes BNDES, which is not a deposit-taker.	FC	CBCSDI	FC	-	No inter-group adjustments.
S18	Gross income	LFC	Includes BNDES, which is not a deposit-taker.	FC	CBCSDI	FC	-	No inter-group adjustments.
I10	Liquid assets to total assets	LFC	Includes BNDES, which is not a deposit-taker.	FC	CBCSDI	LFC	No intra-group adjustments.	No inter-group adjustments.
S19	Liquid assets: broad measure	LFC	Includes BNDES, which is not a deposit-taker.	FC	CBCSDI	LFC	No intra-group adjustments.	Not applicable.
S20	Total assets	LFC	Includes BNDES, which is not a deposit-taker.	FC	CBCSDI	LFC	No intra-group adjustments.	No inter-group adjustments.
I11	Liquid assets to short-term liabilities	LFC	Includes BNDES, which is not a deposit-taker.	FC	CBCSDI	LFC	No intra-group adjustments.	Not applicable.
S21	Liquid assets: broad measure	LFC	Includes BNDES, which is not a deposit-taker.	FC	CBCSDI	LFC	No intra-group adjustments.	Not applicable.
S22	Short-term liabilities	LFC	Includes BNDES, which is not a deposit-taker.	FC	CBCSDI	LFC	No intra-group adjustments.	Not applicable.
I12	Net open position in foreign exchange to capital	LFC	Includes BNDES, which is not a deposit-taker.	FC	CBCSDI	FC	-	No inter-group adjustments.
S23	Net open position in foreign exchange	LFC	Includes BNDES, which is not a deposit-taker.	FC	CBCSDI	FC	-	Not applicable.
S24	Total capital and reserves	LFC	Includes BNDES, which is not a deposit-taker.	FC	CBCSDI	FC	-	No inter-group adjustments.
BNDES: Brazilian Development Bank; CBCSDI: Cross-border, cross-sector consolidation basis for all domestically incorporated entities; LFC: Less than Full Consistency; FC: Full Consistency

IV. Valuation, Time of Recognition of Flows and Positions, and Exchange Rate
	Description	Valuation		Time of Recognition of Flows and Positions		Exchange Rate
		Consistency with the Guide	Explanations	Consistency with the Guide	Explanations	Consistency with the Guide	Explanations
I1	Regulatory capital to risk-weighted assets	FC	-	LFC	Principle of ownership is used.	LFC	Exchange rates prevailing on the reference date are used.
S1	Total regulatory capital	FC	-	LFC	Principle of ownership is used.	LFC	Exchange rates prevailing on the reference date are used.
S2	Risk-weighted assets	FC	-	LFC	Principle of ownership is used.	FC	-
I2	Regulatory Tier 1 capital to risk-weighted assets	FC	-	LFC	Principle of ownership is used.	LFC	Exchange rates prevailing on the reference date are used.
S3	Regulatory Tier 1 capital	FC	-	LFC	Principle of ownership is used.	LFC	Exchange rates prevailing on the reference date are used.
S4	Risk-weighted assets	FC	-	LFC	Principle of ownership is used.	FC	-
I3	Nonperforming loans net of provisions to capital	LFC	Tradable liabilities are valued at historical values.	LFC	Principle of ownership is used.	FC	-
S5	Nonperforming loans net of provisions	FC	-	LFC	Principle of ownership is used.	FC	-
S6	Total capital and reserves	LFC	Tradable liabilities are valued at historical values.	LFC	Principle of ownership is used.	FC	-
I4	Nonperforming loans to total gross loans	FC	-	LFC	Principle of ownership is used.	FC	-
S7	Nonperforming loans	FC	-	LFC	Principle of ownership is used.	FC	-
S8	Total gross loans	FC	-	LFC	Principle of ownership is used.	FC	-
I5	Sectoral distribution of loans to total loans	FC	-	LFC	Principle of ownership is used.	FC	-
S9	Sectoral distribution of loans	FC	-	LFC	Principle of ownership is used.	FC	-
S10	Total gross loans	FC	-	LFC	Principle of ownership is used.	FC	-
I6	Return on assets	FC	-	LFC	Principle of ownership is used.	LFC	Exchange rates prevailing on the reference date are used.
S11	Net income before extraordinary items and taxes	FC	-	LFC	Principle of ownership is used.	LFC	Exchange rates prevailing on the reference date are used.
S12	Total assets	FC	-	LFC	Principle of ownership is used.	FC	-
I7	Return on equity	LFC	Tradable liabilities are valued at historical values.	LFC	Principle of ownership is used.	LFC	Exchange rates prevailing on the reference date are used.
S13	Net income before extraordinary items and taxes	FC	-	LFC	Principle of ownership is used.	LFC	Exchange rates prevailing on the reference date are used.
S14	Total capital and reserves	LFC	Tradable liabilities are valued at historical values.	LFC	Principle of ownership is used.	FC	-
I8	Interest margin to gross income	FC	-	LFC	Principle of ownership is used.	LFC	Exchange rates prevailing on the reference date are used.
S15	Interest margin	FC	-	LFC	Principle of ownership is used.	FC	-
S16	Gross income	FC	-	LFC	Principle of ownership is used.	LFC	Exchange rates prevailing on the reference date are used.
I9	Noninterest expenses to gross income	FC	-	LFC	Principle of ownership is used.	LFC	Exchange rates prevailing on the reference date are used.
S17	Noninterest expenses	FC	-	LFC	Principle of ownership is used.	FC	-
S18	Gross income	FC	-	LFC	Principle of ownership is used.	LFC	Exchange rates prevailing on the reference date are used.
I10	Liquid assets to total assets	FC	-	LFC	Principle of ownership is used.	FC	-
S19	Liquid assets: broad measure	FC	-	LFC	Principle of ownership is used.	FC	-
S20	Total assets	FC	-	LFC	Principle of ownership is used.	FC	-
I11	Liquid assets to short-term liabilities	LFC	Tradable liabilities are valued at historical values.	LFC	Principle of ownership is used.	FC	-
S21	Liquid assets: broad measure	FC	-	LFC	Principle of ownership is used.	FC	-
S22	Short-term liabilities	LFC	Tradable liabilities are valued at historical values.	LFC	Principle of ownership is used.	FC	-
I12	Net open position in foreign exchange to capital	LFC	Tradable liabilities are valued at historical values.	LFC	Principle of ownership is used.	FC	-
S23	Net open position in foreign exchange	LFC	Tradable liabilities are valued at historical values.	LFC	Principle of ownership is used.	FC	-
S24	Total capital and reserves	LFC	Tradable liabilities are valued at historical values.	LFC	Principle of ownership is used.	FC	-
LFC: Less than Full Consistency; FC: Full Consistency

V. Guide and Amendments to the Guide References
	Description	Guide	Amendments to the Guide
I1 S1 S2	Regulatory capital to risk-weighted assets        Total regulatory capital        Risk-weighted assets	Chapter 6: 6.17-6.18, Appendix II: 9-12 Chapter 4: 4.68-4.73 Chapter 4: 4.74	AG. 7-8 AG. 7-8 AG. 7-8
I2 S3 S4	Regulatory Tier 1 capital to risk-weighted assets        Regulatory Tier 1 capital        Risk-weighted assets	Chapter 6: 6.19, Appendix II: 12-14 Chapter 4: 4.70 Chapter 4: 4.74	AG. 7-8 AG. 7-8 AG. 7-8
I3 S5 S6	Nonperforming loans net of provisions to capital        Nonperforming loans net of provisions        Total capital and reserves	Chapter 6: 6.22-6.23, Appendix II: 15-19 Chapter 4: 4.50, 4.84-4.87 Chapter 4: 4.62-4.65, 4.68-4.73	AG. 7-8, 18-21, 25 AG. 18-21, 25 AG. 7-8, 18, 20-21
I4 S7 S8	Nonperforming loans to total gross loans        Nonperforming loans        Total gross loans	Chapter 6: 6.54-6.55, Appendix II: 20-24 Chapter 4: 4.84-4.87 Chapter 4: 4.45-4.48	AG. 18-21, 25 AG. 18-21, 25 AG. 18-21
I5 S9 S10	Sectoral distribution of loans to total loans        Sectoral distribution of loans        Total gross loans	Chapter 6: 6.56-6.57, Appendix II: 25-29 Chapter 2: 2.4-2.18, Chapter 3: 3.34-3.43 Chapter 4: 4.45-4.48	AG. 18-21 AG. 18-21 AG. 18-21
I6 S11 S12	Return on assets        Net income before extraordinary items and taxes        Total assets	Chapter 6: 6.52-6.53, Appendix II: 30-36 Chapter 4: 4.17-4.35 Chapter 4: 4.37-4.38, Chapter 5: 5.91, Chapter 6: 6.53	AG. 11-13, 18-21, 26 AG. 11-13, 26 AG. 18-21
I7 S13 S14	Return on equity        Net income before extraordinary items and taxes        Total capital and reserves	Chapter 6: 6.25-6.26, Appendix II: 37-40 Chapter 4: 4.17-4.35 Chapter 4: 4.62-4.65, 4.68-4.73, Chapter 6: 6.26	AG. 11-13, 18, 20-21, 26 AG. 11-13, 26 AG. 7-8, 18, 20-21
I8 S15 S16	Interest margin to gross income        Interest margin        Gross income	Chapter 6: 6.69-6.70, Appendix II: 41-46 Chapter 4: 4.17-4.19 Chapter 4: 4.17-4.29	AG. 11-13 - AG. 11-13
I9 S17 S18	Noninterest expenses to gross income        Noninterest expenses        Gross income	Chapter 6: 6.73-6.74, Appendix II: 47-51 Chapter 4: 4.30-4.31 Chapter 4: 4.17-4.29	AG. 11-13 AG. 11 AG. 11-13
I10 S19 S20	Liquid assets to total assets        Liquid assets: broad measure        Total assets	Chapter 6: 6.45-6.46, Appendix II: 52-58 Chapter 4: 4.78-4.81 Chapter 4: 4.37-4.38, Chapter 5: 5.91	AG. 18-21, 23 AG. 23 AG. 18-21
I11 S21 S22	Liquid assets to short-term liabilities        Liquid assets: broad measure        Short-term liabilities	Chapter 6: 6.47-6.48, Appendix II: 59-64 Chapter 4: 4.78-4.81 Chapter 4: 4.83	AG. 23-24 AG. 23 AG. 24
I12 S23 S24	Net open position in foreign exchange to capital        Net open position in foreign exchange        Total capital and reserves	Chapter 6: 6.31-6.37, Appendix II: 65-70 Chapter 4: 4.92; Chapter 6: 6.31-6.37 Chapter 4: 4.62-4.65, 4.68-4.73	AG. 7-8, 16, 18, 20-21, 28 AG. 16 AG. 7-8, 18, 20-21, 28