Financial Statements on 7.31.2004

BANCO CENTRAL DO BRASIL
BALANCE SHEET - ON 7.31.2004
 
A S S E T S
 
(in thousands of Reais)
CURRENT AND LONG TERM ASSETS
502,217,683
FOREIGN
181,133,074
Foreign Operations
181,156,144
(Provision for Doubtful Accounts)
(23,070)
DOMESTIC
321,084,609
Operations
300,230,216
Federal Government Securities
241,918,951
Securities Pledged as Guarantees of Swap Operations
10,273,378
Repurchase Operations - Freely Transacted
47,025,621
Securities – Resale Commitments
994,216
Derivatives
17,962
Other Operations
88
Other Credits
20,331,044
Receivables
23,457,742
(Provision for Doubtful Accounts)
(5,256,273)
Funds Managed by Centrus
1,916,471
Securities Receivable
379,871
(Provision for Doubtful Accounts)
(179,726)
Sundry Credits
12,959
Other Accounts
523,349
Remuneration of Federal Government Deposits to be Transferred
94,959
Credits with PSS
294,546
Sundry Credits
133,844
 
PERMANENT ASSETS
14,255,277
INVESTMENTS
13,474,541
Capital Shares of International Financial Agencies
13,474,541
International Monetary Fund - IMF
13,365,975
Bank for International Settlements - BIS
108,566
FIXED ASSETS
780,736
Fixtures and fittings
176,110
Real Estate
700,792
Intangible Assets
60
(Accumulated Depreciation)
(96,226)
 
TOTAL
516,472,960
 
L I A B I L I T I E S
 
(in thousands of Reais)
CURRENT AND LONG TERM LIABILITIES
462,885,449
FOREIGN
124,687,836
Obligations in Foreign Currency
98,456,943
Deposits of International Financial Agencies
13,723,842
Sundry Accounts
12,507,051
DOMESTIC
338,197,613
Deposits of Financial Institutions
85,157,095
Bank Reserves - Demand Deposits
24,881,866
Bank Reserves - Savings Deposits
30,014,616
Bank Reserves - Term Deposits
26,270,099
Bank Reserves - Additional Requirements
29,376,923
Channeling of SBPE Funds
2,783,551
Sundry Accounts
892,138
(Collection in Federal Government Securities)
(29,062,098)
Other Deposits
131,359,213
Compulsory Federal Government Deposits
131,323,709
Deposits Earmarked to Guarantees of Operations
1,839,651
Sundry Accounts
35,494
(Collection in Federal Government Securities)
(1,839,641)
Other Liabilities
119,858,947
Central Bank Notes - NBC
22,731,151
Securities - Repurchase Agreements
91,484,749
Derivatives
576,644
Result to be Transferred to the National Treasury
2,472,775
Provision for Legal Suits in Progress
2,519,961
(Deposits Earmarked to Appeals)
(406,063)
Court Orders - Judicial Demands Payable
442,740
Sundry Accounts
36,990
Other Accounts
1,822,358
Remuneration of Federal Government Deposits to be Transferred
650,506
Amounts Payable - Centrus
877,376
Provision for Actuarial Liabilities
169,831
Sundry Accounts
124,645
 
MONEY SUPPLY
48,228,562
 
NET EQUITY
7,404,576
Equity
2,576,356
Contingency Reserves
4,327,548
Revaluation Reserve
500,672
 
INCOME ACCOUNTS
(2,045,627)
Creditor
11,803,727
(Debtor)
(13,849,354)
 
TOTAL
516,472,960
 
STATEMENT OF INCOME - JULY 2004
(in thousands of Reais)
OPERATING INCOME
11,671,874
Open Market Operations
7,092,962
Foreign Sector Operations
4,513,736
Banking Sector Operations
14
Credits and Securities Receivable
59,263
Reserval and Foreign Exchange Restatements of Provisions
3,523
Other
2,376
 
OPERATING EXPENSES
(13,374,359)
Open Market Operations
(5,270,829)
Foreign Sector Operations
(6,435,654)
Banking Sector Operations
(578,305)
Operations with The National Treasury
(964,495)
Constitution and Monetary/Foreign Exchange Restatements of Provisions
(13,191)
Administrative
(80,514)
Other
(31,371)
 
OPERATING RESULT
(1,702,485)
 
NON-OPERATING INCOME
131,853
 
NON-OPERATING EXPENSES
(474,995)
 
NON-OPERATING RESULT
(343,142)
 
RESULT FOR THE PERIOD
(2,045,627)
 
  FINANCIAL RELATIONSHIP WITH THE NATIONAL TREASURY
ON 7.31.2004
 
(in thousands of Reais)
DEBIT BALANCES
299,840,308
National Treasury Notes - NTN
67,592,021
National Treasury Financing Bills - LFT
124,943,753
National Treasury Bills - LTN
103,127,772
Securitized Credits - CVS
1,936,894
Wage Variation Compensation Fund - FCVS
1,818,943
Remuneration of Federal Government Deposits to be Transferred
94,959
Credits with PSS
294,546
PND - State Banks
5,558
Credits Subject to Refunds
25,862
 
CREDIT BALANCES
134,506,028
Compulsory Federal Government Deposits
131,323,709
Result to be Transferred to the National Treasury
2,472,775
Remuneration of Federal Government Deposits, to be Transferred
650,506
Deposits in Foreign Currencies - Paris Club
10,838
Funds Linked to Administration of Foreign Debt Guarantees
15,134
Deposits Resulting from Court Decisions
9,949
Monetary Reserve Available
1
Taxes and Contributions to be Collected
23,116
 
 
  FINANCIAL FLOW WITH THE NATIONAL TREASURY
  IN JULY 2004
 
(in thousands of Reais)
FEDERAL GOVERNMENT SECURITIES
3,910,943
Acquisition
(27,832,028)
Redemption
31,013,405
Interests
729,566
 
OTHER AMOUNTS COLLECTED
(788,240)
Cash Remuneration
(788,240)
 
TRANSFERENCE UNDER BUDGET LAW
47,265
 
NET FINANCIAL FLOW
3,169,968
 
President of the Banco Central do Brasil
Henrique de Campos Meirelles
 
Directors
Afonso Sant'Anna Bevilaqua
Alexandre Schwartsman
Antonio Gustavo Matos do Vale
Eduardo Henrique de Mello Motta Loyo
João Antônio Fleury Teixeira
Paulo Sérgio Cavalheiro
Sérgio Darcy da Silva Alves
 
Head of the Department of Financial Administration
Jefferson Moreira
Accountant, CRC-DF 7,333