Banco Santander Brasil SA
For the period ended Dec 31, 2023. Filed Feb 26, 2024.
View on SEC.govAbout this filing
The yearly report of a company based outside the US. It covers much of what a 10-K does, and may follow accounting rules other than US ones.
FY2023 · Filed Feb 26, 2024
Contents
APPENDIX II – STATEMENT OF VALUE ADDED
The Statement of Value Added presented below is not a requirement under IFRS; however, it is provided as supplementary information in accordance with Brazilian corporate legislation for publicly traded companies. It has been derived from the Bank's Consolidated Financial Statements and prepared in conformity with IFRS.
| Schedule of banks consolidated financial statements | ||||||||
|---|---|---|---|---|---|---|---|---|
| 2023 · 2022 · 2021 | ||||||||
| Thousand of Reais | ||||||||
| Interest and similar income | 128,282,707 | 115,225,118 | 77,987,308 | |||||
| Net fee and commission income | 15,639,965 | 14,875,880 | 15,273,301 | |||||
| Impairment losses on financial assets (net) | (28,008,086) | (24,828,749) | (17,112,734) | |||||
| Other income and expense | 5,260,422 | 2,174,855 | (3,843,999) | |||||
| Interest expense and similar charges | (81,398,673) | (67,721,941) | (28,885,478) | |||||
| Third-party input | (8,677,366) | (8,207,227) | (8,078,399) | |||||
| Materials, energy and others | (896,232) | (895,734) | (713,400) | |||||
| Third-party services | (6,329,546) | (6,317,067) | (6,231,129) | |||||
| Impairment of assets | (250,173) | (161,434) | (165,799) | |||||
| Other | (1,201,415) | (832,992) | (968,071) | |||||
| Gross added value | 31,098,969 | 31,517,936 | 35,339,999 | |||||
| Retention | ||||||||
| Depreciation and amortization | (2,740,950) | (2,585,502) | (2,433,921) | |||||
| Added value produced | 28,358,019 | 28,932,434 | 32,906,078 | |||||
| Investments in affiliates and subsidiaries | 239,236 | 199,179 | 144,184 | |||||
| Added value to distribute | 28,597,255 | 29,131,613 | 33,050,262 | |||||
| Added value distribution | ||||||||
| Employee | 9,567,687 | 33.5% | 9,894,413 | 34.0% | 8,045,893 | 24.3% | ||
| Compensation | 6,804,098 | 6,351,116 | 5,929,439 | |||||
| Benefits | 1,843,988 | 1,737,282 | 1,593,386 | |||||
| Government severance indemnity funds for employees - FGTS | 549,538 | 2,221 | 431,249 | |||||
| Other | 370,063 | 1,803,794 | 91,819 | |||||
| Taxes | 9,382,381 | 32.8% | 4,749,350 | 16.3% | 9,269,368 | 28.0% | ||
| Federal | 9,375,150 | 4,625,498 | 8,332,994 | |||||
| State | - | 123,852 | 813 | |||||
| Municipal | 7,231 | - | 935,561 | |||||
| Compensation of third-party capital - rental | 148,375 | 0.5% | 148,375 | 0.5% | 175,677 | 0.5% | ||
| Remuneration of interest on capital | 9,498,812 | 33.2% | 14,339,475 | 49.2% | 15,559,324 | 47.2% | ||
| Dividends and interest on capital | 6,200,000 | 8,100,000 | 9,649,000 | |||||
| Profit Reinvestment | 3,249,313 | 6,187,093 | 5,879,052 | |||||
| Profit (loss) attributable to non-controlling interests | 49,499 | 52,382 | 31,272 | |||||
| Total | 28,597,255 | 100.0% | 29,131,613 | 100.0% | 33,050,262 | 100.0% | ||
Consolidated Financial Statements | December 31, 2023 | F-150
*Values expressed in thousands, except when indicated
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