Financial Statements on 8.31.2004

BANCO CENTRAL DO BRASIL
BALANCE SHEET - ON 8.31.2004
 
A S S E T S
 
(in thousands of Reais)
CURRENT AND LONG TERM ASSETS
491,917,000
FOREIGN
170,091,382
Foreign Operations
170,113,788
(Provision for Doubtful Accounts)
(22,406)
DOMESTIC
321,825,618
Operations
301,067,396
Federal Government Securities
239,304,191
Securities Pledged as Guarantees of Swap Operations
10,405,842
Repurchase Operations - Freely Transacted
50,009,241
Securities – Resale Commitments
1,075,230
Derivatives
272,802
Other Operations
90
Other Credits
20,323,227
Receivables
23,515,982
(Provision for Doubtful Accounts)
(5,266,858)
Funds Managed by Centrus
1,908,524
Securities Receivable
334,309
(Provision for Doubtful Accounts)
(181,232)
Sundry Credits
12,502
Other Accounts
434,995
Remuneration of Federal Government Deposits to be Transferred
15,722
Credits with PSS
287,596
Sundry Credits
131,677
 
PERMANENT ASSETS
13,866,135
INVESTMENTS
13,086,864
Capital Shares of International Financial Agencies
13,086,864
International Monetary Fund - IMF
12,981,635
Bank for International Settlements - BIS
105,229
FIXED ASSETS
779,271
Fixtures and fittings
176,460
Real Estate
701,140
Intangible Assets
60
(Accumulated Depreciation)
(98,389)
 
TOTAL
505,783,135
 
L I A B I L I T I E S
 
(in thousands of Reais)
CURRENT AND LONG TERM LIABILITIES
451,992,084
FOREIGN
115,103,438
Obligations in Foreign Currency
90,599,393
Deposits of International Financial Agencies
13,332,188
Sundry Accounts
11,171,857
DOMESTIC
336,888,646
Deposits of Financial Institutions
85,519,024
Bank Reserves - Demand Deposits
24,137,229
Bank Reserves - Savings Deposits
30,132,679
Bank Reserves - Term Deposits
26,741,623
Bank Reserves - Additional Requirements
29,482,377
Channeling of SBPE Funds
2,925,631
Sundry Accounts
1,775,298
(Collection in Federal Government Securities)
(29,675,813)
Other Deposits
134,611,271
Compulsory Federal Government Deposits
134,576,511
Deposits Earmarked to Guarantees of Operations
1,862,530
Sundry Accounts
34,749
(Collection in Federal Government Securities)
(1,862,519)
Other Liabilities
115,362,572
Central Bank Notes - NBC
18,490,555
Securities - Repurchase Agreements
91,422,877
Derivatives
333,742
Result to be Transferred to the National Treasury
2,494,067
Provision for Legal Suits in Progress
2,543,397
(Deposits Earmarked to Appeals)
(406,063)
Court Orders - Judicial Demands Payable
446,857
Sundry Accounts
37,140
Other Accounts
1,395,779
Remuneration of Federal Government Deposits to be Transferred
237,445
Amounts Payable - Centrus
887,679
Provision for Actuarial Liabilities
169,177
Sundry Accounts
101,478
 
MONEY SUPPLY
48,064,055
 
NET EQUITY
7,404,576
Equity
2,576,356
Contingency Reserves
4,327,548
Revaluation Reserve
500,672
 
INCOME ACCOUNTS
(1,677,580)
Creditor
23,017,998
(Debtor)
(24,695,578)
 
TOTAL
505,783,135
 
STATEMENT OF INCOME - PERIOD FROM JULY TO AUGUST 2004
(in thousands of Reais)
OPERATING INCOME
22,784,539
Open Market Operations
14,059,463
Foreign Sector Operations
8,590,277
Banking Sector Operations
535
Credits and Securities Receivable
120,004
Reserval and Foreign Exchange Restatements of Provisions
6,058
Other
8,202
 
OPERATING EXPENSES
(23,787,849)
Open Market Operations
(9,382,583)
Foreign Sector Operations
(11,004,247)
Banking Sector Operations
(1,173,523)
Operations with The National Treasury
(1,965,720)
Constitution and Monetary/Foreign Exchange Restatements of Provisions
(26,358)
Administrative
(172,645)
Other
(62,773)
 
OPERATING RESULT
(1,003,310)
 
NON-OPERATING INCOME
233,459
 
NON-OPERATING EXPENSES
(907,729)
 
NON-OPERATING RESULT
(674,270)
 
RESULT FOR THE PERIOD
(1,677,580)
 
  FINANCIAL RELATIONSHIP WITH THE NATIONAL TREASURY
ON 8.31.2004
 
(in thousands of Reais)
DEBIT BALANCES
300,689,835
National Treasury Notes - NTN
65,739,167
National Treasury Financing Bills - LFT
121,948,564
National Treasury Bills - LTN
108,886,935
Securitized Credits - CVS
1,950,015
Wage Variation Compensation Fund - FCVS
1,831,210
Remuneration of Federal Government Deposits to be Transferred
15,722
Credits with PSS
287,596
PND - State Banks
5,559
Credits Subject to Refunds
25,067
 
CREDIT BALANCES
137,364,459
Compulsory Federal Government Deposits
134,576,511
Result to be Transferred to the National Treasury
2,494,067
Remuneration of Federal Government Deposits, to be Transferred
237,445
Deposits in Foreign Currencies - Paris Club
10,676
Funds Linked to Administration of Foreign Debt Guarantees
14,669
Deposits Resulting from Court Decisions
9,969
Taxes and Contributions to be Collected
21,122
 
 
  FINANCIAL FLOW WITH THE NATIONAL TREASURY
PERIOD FROM JULY TO AUGUST 2004
 
(in thousands of Reais)
FEDERAL GOVERNMENT SECURITIES
5,148,105
Acquisition
(32,099,696)
Redemption
35,730,703
Interests
1,517,098
 
OTHER AMOUNTS COLLECTED
(2,101,997)
Cash Remuneration
(2,101,997)
 
TRANSFERENCE UNDER BUDGET LAW
92,662
 
NET FINANCIAL FLOW
3,138,770
 
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