Statement of Income

 
BANCO CENTRAL DO BRASIL
Half-Yearly Income Statement - as of December 31
(In R$ thousands of Reais)
 
 
2nd Sem./2003
2nd Sem./2002
2003
2002
OPERATING REVENUES
99.335.914
224.203.817
257.553.898
307.438.607
Open Market Operations
69.950.991
120.697.406
177.960.368
169.349.122
Foreign Sector Operations
26.982.629
98.735.052
71.020.328
131.351.073
Banking Sector Operations
1.850
11.306
3.230
51.735
Credits and Securities Receivable
648.752
645.542
1.468.363
1.456.859
Operations with the National Treasury
639.099
2.208.591
3.372.550
2.297.594
Allowances Reversal and Monetary/Foreign Exchange Restatements
1.076.599
1.905.039
3.666.151
2.929.218
Other
35.994
881
62.908
3.006
 
 
 
 
 
OPERATING EXPENSES
(91.678.178)
(232.897.936)
(223.620.158)
(329.591.876)
Open Market Operations
(44.019.628)
(127.059.333)
(113.242.301)
(184.729.431)
Foreign Sector Operations
(27.866.944)
(80.721.333)
(77.088.090)
(100.274.417)
Banking Sector Operations
(3.890.252)
(2.548.710)
(8.349.275)
(3.295.995)
Credits and Securities Receivable
(8.980)
(277.483)
(30.785)
(457.304)
Operations with the National Treasury
(15.079.949)
(18.925.885)
(22.370.924)
(35.105.997)
Allowances Constitution and Monetary/Foreign Exchange Restatements
(139.813)
(2.587.126)
(1.293.164)
(4.455.598)
Administrative
(512.458)
(638.425)
(965.487)
(1.056.087)
Other
(160.154)
(139.641)
(280.132)
(217.047)
 
 
 
 
 
OPERATING RESULT
7.657.736
(8.694.119)
33.933.740
(22.153.269)
 
 
 
 
 
NON-OPERATING REVENUES
1.870.439
6.046.568
3.338.852
9.584.980
Exchange Rate Readjustment of Shares
1.226.214
5.778.196
2.170.313
8.761.593
Settlement of Contributions – Law 9,650
    -
    -
    -
387.036
Remuneration of Credits Managed by Centrus
221.948
121.087
395.371
227.297
Transfer Received from National Treasury
262.205
    -
524.963
    -
Other
160.072
147.285
248.205
209.054
 
 
 
 
 
NON-OPERATING EXPENSES
(2.391.617)
(3.636.063)
(5.954.240)
(4.625.410)
Exchange Rate Readjustment of Shares
(407.702)
(2.718.139)
(3.687.122)
(3.044.304)
Charges - Centrus
(58.063)
(330.905)
(129.875)
(950.552)
Allowance for Legal Losses
(1.795.925)
(152.831)
(1.886.513)
(152.831)
Judgments - Court Order Debts
(65.447)
(415.737)
(114.866)
(440.759)
Other
(64.480)
(18.451)
(135.864)
(36.964)
 
 
 
 
 
NON-OPERATING RESULT
(521.178)
2.410.505
(2.615.388)
4.959.570
 
 
 
 
 
RESULT IN THE PERIOD
7.136.558
(6.283.614)
31.318.352
(17.193.699)
See accompanying notes to the financial statements.
 
 
BANCO CENTRAL DO BRASIL
STATEMENT OF CHANGES IN NET EQUITY
(In thousands of Reais)
 
 
EQUITY
CONTINGENCY RESERVE
REVALUATION RESERVE
NET EQUITY
Balance at December 31, 2002
2.576.356
2.193.946
483.743
5.254.045
Reversal/Write-off
    -
    -
(4.185)
(4.185)
Balance at June 30, 2003
2.576.356
2.193.946
479.558
5.249.860
Constitution
    -
1.784.140
14.166
1.798.306
Reversal/Write-off
    -
    -
(4.064)
(4.064)
Balance at December 31, 2003
2.576.356
3.978.086
489.660
7.044.102
See accompanying notes to the financial statements.