Balance Sheet and Statement of Income

 
BANCO CENTRAL DO BRASIL
BALANCE SHEET - ON 3.31.2003
 
A S S E T S
In R$ 000
CURRENT AND LONG TERM ASSETS
491.018.608
       FOREIGN
162.431.594
       - Foreign Sector Operations
162.467.729
         (Allowances for Doubtful Debtors)
(36.135)
       INTERNAL
328.587.014
       - Operations
299.318.893
         Federal Public Securities
268.406.509
         Security Operations - Resale Commitments
1.088.323
         Swap Operations Guarantees
28.377.411
         Sale of For. Currency in the Domestic Market - to be Settled
1.446.588
         Other Operations
62
       - Other Credits
27.683.123
         Receivables
26.142.768
         (Allowances for Doubtful Debtors)
(7.280.942)
         Funds Managed by Centrus
1.457.393
         Securities Receivable
1.020.682
         (Allowances for Doubtful Debtors)
(155.630)
         Credit to be Covered by the National Treasury
6.486.258
         Other Operations
12.594
       - Other Accounts
1.584.947
         Advances on Export Foreign Exchange Contracts
767.208
         Settlements of Contributions - Law 9.650
601.457
         Sundry Accounts
216.282
       - Prepaid Expenses or Expenses to be Appropriated
51
 
PERMANENT
14.854.453
       INVESTMENTS
14.074.614
       - Capital Quotas in International Financial Organizations
14.074.614
          International Monetary Fund - IMF
13.954.341
          Bank for International Settlements - BIS
120.273
       FIXED ASSETS
779.839
        - Fixtures and Fittings
178.613
        - Real Estate
774.092
        - Intangible Assets
60
        - (Accumulated Depreciation)
(172.926)
 
TOTAL
505.873.061
 
L I A B I L I T I E S
In R$ 000
CURRENT AND LONG TERM LIABILITIES
452.520.423
        FOREIGN
121.611.906
        - Foreign Currency Liabilities
104.954.871
        - Deposits of International Financial Organizations
14.470.735
        - Sundry Accounts
2.186.300
        INTERNAL
330.908.517
        - Financial Institutions Deposits
80.796.573
          Banking Reserves - Demand Deposits
26.122.882
          Banking Reserves - Savings Deposits
27.686.684
          Banking Reserves - Legal Deposits
13.662.249
          Banking Reserves - Term Deposits
24.094.529
          Banking Reserves - Additional Requirements
25.728.028
          Channeling of SBPE Funds
1.612.386
          Sundry Accounts
1.258.979
          (Collection in Federal Public Securities)
(39.369.164)
        - Other Deposits
105.197.636
          Deposits to Federal Government Order
105.159.026
          Deposits Earmarked to Guarantee Operations
2.046.524
          Sundry Accounts
38.604
          (Collection in Federal Public Securities)
(2.046.518)
        - Other Liabilities
143.619.330
          Banco Central Notes - NBC
53.103.382
          Securities Operations - Repurchase Commitments
83.525.847
          Derivative Operations
2.978.356
          Purchase of For. Currency in the Domestic Market - to be Settled
3.407.234
          Allowance for Legal Suits in Progress
558.812
          (Deposits Earmarked to Appeals)
(406.063)
          Court Orders - Judicial Requests Payable
419.675
          Sundry Accounts
32.087
        - Other Accounts
1.294.978
          Other Foreign Currency Liabilities
32.432
          Settlements of Contributions - Law 9.650
243.307
          Amounts Payable - Centrus
783.022
          Allowance for Actuarial Liabilities
181.288
          Sundry Accounts
54.929
 
CURRENCY
39.909.573
 
NET WORTH
5.254.045
      - Equity
2.576.356
      - Contingency Reserves
2.193.946
      - Revaluation Reserves
483.743
 
INCOME ACCOUNTS
8.189.020
      - Creditor
60.441.980
      - (Debtor)
(52.252.960)
 
TOTAL
505.873.061
 
STATEMENT OF INCOME FROM JANUARY TO MARCH 2003 (In R$ 000)
 
OPERATING REVENUES
59.943.586
     - Open Market Operations
43.585.437
     - Foreign Sector Operations
13.790.837
     - Credits and Securities Receivable
413.431
     - National Treasury Operations
288.969
     - Reversal and Foreign Exchange Restatement of Allowances
1.852.035
     - Other
12.877
 
OPERATING EXPENDITURES
(51.282.607)
     - Open Market Operations
(30.662.888)
     - Foreign Sector Operations
(14.449.397)
     - Banking Sector Operations
(2.225.400)
     - National Treasury Operations
(3.521.419)
     - Constitution and Monetary/Exchange Restatement of Allowances
(157.899)
     - Administrative
(213.878)
     - Other
(51.726)
 
OPERATING RESULT
8.660.979
 
NON-OPERATING REVENUES
498.394
 
NON-OPERATING EXPENDITURES
(970.353)
 
NON-OPERATING RESULT
(471.959)
 
RESULT FOR THE PERIOD
8.189.020
 
  FINANCIAL RELATIONSHIP WITH THE NATIONAL TREASURY
ON 3.31.2003
In R$ 000
  DEBT BALANCES
306.793.062
    National Treasury Notes - NTN
83.578.643
    National Treasury Financial Bills - LFT
161.669.944
    National Treasury Bills - LTN
50.970.868
    Securitized Credits - CVS
1.722.661
    Wage Variation Compensation Fund - FCVS
1.618.631
    Credit to be Paid by National Treasury
6.486.258
    Judicial Deposits in the name of the National Treasury
3.701
    Income from Fed. Government Deposits, to be Transferred
182.768
    Settlement of Contributions - Law 9.650
523.478
    PND - State Banks
7.385
    Credits Subject to Refunds
28.693
    Taxes and Contributions, to be Recovered
32
 
  CREDIT BALANCES
105.441.960
    Federal Government Deposits
105.159.026
    Settlement of Contributions - Law 9.650
230.731
    Deposits in Foreign Currencies - Paris Club
10.487
    Funds Linked to Administration of Foreign Debt Guarantees
16.765
    Judicial Deposits Consequent upon Final Decision
9.534
    Cash Reserve Availabilities
2
    Taxes and Contributions, to be Deposited
15.415
 
  FINANCIAL FLOW WITH THE NATIONAL TREASURY
FROM JANUARY TO MARCH 2003
In R$ 000
  FEDERAL SECURITIES
(9.380.417)
  - Acquisition
(31.724.860)
  - Redemption
19.437.704
  - Interest
2.906.739
 
  OTHER INFLOWS
(4.006.816)
  - Earnings on Available Funds
(4.006.816)
 
  NET FINANCIAL FLOW
(13.387.233)
 
See the acompanying notes to the financial statements.