Banco Santander Brasil SA
For the period ended Dec 31, 2024. Filed Feb 28, 2025.
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.
FY2024 · Filed Feb 28, 2025
BSBR$4.64-1.9%Stored close · as of Nov 6, 2026
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 | ||||||
|---|---|---|---|---|---|---|
| 2024 · 2023 · 2022 | ||||||
| Thousand of Reais | ||||||
| Interest and similar income | 137,183,478 | 128,282,707 | 115,225,118 | |||
| Net fee and commission income | 17,205,209 | 15,639,965 | 14,875,880 | |||
| Impairment losses on financial assets (net) | (28,484,030) | (28,008,086) | (24,828,749) | |||
| Other income and expense | (2,705,149) | 5,260,422 | 2,174,855 | |||
| Interest expense and similar charges | (80,504,918) | (81,398,673) | (67,721,941) | |||
| Third-party input | (8,682,746) | (8,677,366) | (8,207,227) | |||
| Materials, energy and others | (878,393) | (896,232) | (895,734) | |||
| Third-party services | (6,165,611) | (6,329,546) | (6,317,067) | |||
| Impairment of assets | (252,487) | (250,173) | (161,434) | |||
| Other | (1,386,255) | (1,201,415) | (832,992) | |||
| Gross added value | 34,011,844 | 31,098,969 | 31,517,936 | |||
| Retention | ||||||
| Depreciation and amortization | (2,731,018) | (2,740,950) | (2,585,502) | |||
| Added value produced | 31,280,826 | 28,358,019 | 28,932,434 | |||
| Investments in affiliates and subsidiaries | 312,986 | 239,236 | 199,179 | |||
| Added value to distribute | 31,593,812 | 28,597,255 | 29,131,613 | |||
| Added value distribution | ||||||
| Employee | 10,304,959 | 32.6% | 9,567,687 | 33.5% | 9,894,413 | 34.0% |
| Compensation | 7,381,229 | 6,804,098 | 6,351,116 | |||
| Benefits | 1,975,443 | 1,843,988 | 1,737,282 | |||
| Government severance indemnity funds for employees - FGTS | 569,555 | 549,538 | 2,221 | |||
| Other | 378,732 | 370,063 | 1,803,794 | |||
| Taxes | 7,640,888 | 24.2% | 9,382,381 | 32.8% | 4,749,350 | 16.3% |
| Federal | 7,632,666 | 9,375,150 | 4,625,498 | |||
| State | - | - | 123,852 | |||
| Municipal | 8,222 | 7,231 | - | |||
| Compensation of third-party capital - rental | 234,202 | 0.7% | 148,375 | 0.5% | 148,375 | 0.5% |
| Remuneration of interest on capital | 13,413,763 | 42.5% | 9,498,812 | 33.2% | 14,339,475 | 49.2% |
| Dividends and interest on capital | 6,000,000 | 6,200,000 | 8,100,000 | |||
| Profit Reinvestment | 7,365,506 | 3,249,313 | 6,187,093 | |||
| Profit (loss) attributable to non-controlling interests | 48,257 | 49,499 | 52,382 | |||
| Total | 31,593,812 | 100.0% | 28,597,255 | 100.0% | 29,131,613 | 100.0% |
Consolidated Financial Statements | December 31, 2024 | F - 128
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