Explanatory Note on the Accounting Statements

 
STATEMENT OF INCOME - AT JUNE 30
(In R$ 000)
OPERATING REVENUES
43.591.355
30.475.679
Security Operations
18.630.080
12.867.182
Foreign Sector Operations
20.572.028
7.576.382
Banking Sector Operations
667.117
496.769
Penalties Levied
737.950
194.340
Credits and Securities Receivable
1.427.616
892.171
Operations with the National Treasury
121.636
1.167.155
Reversal and monetary /Exchange correction of Allowances
1.432.488
7.279.783
Other
2.440
1.897
 
OPERATING EXPENDITURES
(48.835.846)
(30.560.424)
Security Operations
(30.479.438)
(10.036.925)
Foreign Sector Operations
(8.827.419)
(7.859.564)
Banking Sector Operations
(615.471)
(1.360.274)
Credits and Securities Receivable
(93.174)
(2.457.471)
Operations with the National Treasury
(7.315.277)
(5.879.848)
Constitution and monetary /Exchange correction of Allowances
(996.659)
(2.544.309)
Administrative Expenditures
(482.008)
(386.177)
Other
(26.400)
(35.856)
 
OPERATING RESULT
(5.244.491)
(84.745)
 
NON-OPERATING REVENUES
1.479.821
761.963
 
NON-OPERATING EXPENDITURE
(320.079)
(368.067)
 
NON-OPERATING RESULT
1.159.742
393.896
 
RESULT FOR THE PERIOD
(4.084.749)
309.151
 
RESULT DESTINATION
(In R$ 000)
 
1st Half/2001
1st Half/2000
RESULT FOR THE PERIOD
(4.084.749)
309.151
Reserve Write-offs
5.188
   -
Result to be Paid by National Treasury
(4.079.561)
   -
Constitution of Contingency Reserves
   -
(77.288)
Transfer to National Treasury
   -
231.863
 
STATEMENT OF CHANGES IN NET WORTH
(In R$ 000)
 
EQUITY
CONTINGENCY RESERVES
RE-EVALUATION RESERVES
NET WORTH
Balance at December 31, 1999
2.576.356
67.819
526.351
3.170.526
Constitution
   -
77.288
   -
77.288
Balance at June 30, 2000
2.576.356
145.107
526.351
3.247.814
Balance at December 31, 2000
2.576.356
404.406
491.653
3.472.415
Reserve Write-offs
   -
   -
(5.188)
(5.188)
Balance at June 30, 2001
2.576.356
404.406
486.465
3.467.227