Balance Ingles Ene 14 copia - Banco Venezolano de Crédito

Balance as of January 31, 2014
(In Bolivars)
www.venezolano.com
Venezolano de Crédito, S.A., Banco Universal, Issued and Paid - in Capital Bs. 330,570,240. Reserves Bs. 1,762,028,409. RIF: J-000029709
Period Ended 01/31/2014
Venezuela´s
Consolidated with
Operations
Foreign Branches
and Offices
9,512,672,186
9,603,206,515
362,459,876
362,757,076
8,566,957,060
8,566,957,060
0
0
68,310,814
158,435,770
0
0
514,944,436
515,056,609
0
0
5,084,585,052
5,602,142,799
Assets
Cash and Due from Banks
Cash
Banco Central de Venezuela
Domestic Banks and Other Financial Institutions
Foreign Banks and Correspondents
Main Office and Branches
Clearing House Funds
(Allowances for Cash and Due from Banks)
Investments Securities
Placements in Banco Central de Venezuela and
Interbanking Transactions
Trading Securities
Available for Sale Securities
Held to Maturity Securities
Restricted Cash Investment
Other Securities
(Allowance for Investment Securities)
Loan Portfolio
Current Loans
Restructured Loans
Past-due Loans
Loans in Litigation
(Allowance for Loan Portfolio)
Interest and Commissions Receivable
Accrued Interest Receivable from Cash and Due From Banks
Accrued Interest Receivable from Investments Securities
Accrued Interest Receivable from Loan Portfolio
Comissions Receivable
Accrued Interest and Comissions Receivable from
Other Accounts Receivable
(Allowance for Accrued Interest Receivable and Other)
Investments in Subsidiaries, Affiliates and Branches
Investments in Subsidiaries and Affiliates
Investments in Branches
(Allowance for Investments in Subsidiaries, Affiliates and Branches)
Foreclosed Assets
Premises and Equipments
Other Assets
Total Assets
4,009,377,000
0
8,056,800
270,739,650
9,885,338
786,526,264
0
9,177,086,116
9,252,777,995
554,932
22,621,587
5,901,575
-104,769,973
87,352,348
0
38,110,281
46,970,257
2,537,190
4,009,377,000
0
8,056,800
761,000,661
37,182,074
786,526,264
0
9,177,086,116
9,252,777,995
554,932
22,621,587
5,901,575
-104,769,973
88,137,157
0
38,895,090
46,970,257
2,537,190
0
-265,380
78,686,645
0
78,686,645
0
0
584,260,537
102,997,989
24,627,640,873
0
-265,380
0
0
0
0
0
584,260,537
103,506,089
25,158,339,213
Memorandum Accounts
Contingent Debit Accounts
Trust Assets
Other Trust
Debit Accounts for Other Trust Charges
(Housing Trust Fin Regime de Vivienda y Habitat)
Other Debit Accounts of the Residential Housing
Savings Plan
Other Debit Memorandum Accounts
Other Debit Registration Accounts
Trust Assets
Type of
Trust
Individuals
Investment
Guaranty
Administration
Mixed
Others
Total
490,701,248
3,759,315,577
0
490,701,248
3,759,315,577
0
0
0
0
17,656,945,555
0
0
17,656,945,555
0
Liabilities
Customers’ Deposits
Demand Deposits
Non-Interest Bearing Current Accounts
Interest Bearing Current Accounts
Current accounts under exchange agreement n° 20
Demand Deposits and Certificates
Other Demand Obligations
Obligations in connection with money desk transactions
Savings Deposits
Time Deposits
Securities Issued by the Bank
Restricted Customer´s Deposits
Rights and Participations on Securities
Obligations with Banco Central de Venezuela
Deposits and Obligations with Banco Nacional de
Vivienda y Habitat
Other Borrowings
Obligations with Domestic Financial Institutions due in one year or less
Obligations with Domestic Financial Institutions due over one year
Obligations with Foreign Financial Institutions due in one year or less
Obligations with Foreign Financial Institutions due over one year
Obligations resulting from other borrowings due in one year or less
Obligations resulting from other borrowings due over one year
Other Financial Intermediation Obligations
Interest and Commissions Payable
Accrued Expenses for Customer´s Deposits
Accrued Expenses for Obligations with Banco Central de Venezuela
Accrued Expenses for Deposits and Obligations with
Banco Nacional de Vivienda y Habitat
Accrued Expenses for Other Borrowings
Accrued Expenses for Other Financial Intermediation Obligations
Other Accrued Expenses for Obligations
Accrued Expenses for Subordinated Obligations
Accruals and Other Liabilities
Subordinated Obligations
Other Obligations
Total Liabilities
Operations
Public, State, Municipal
and Central
Administrations
Descentralized
Entities and Other
Entities with Special
Regime
0
0
98,276
0
0
95,528,975
0
0 474,441,507
0 3,096,271,330
0
0
0
0
2,364,073 3,663,779,463
0
98,276
0 3,666,241,812
Statement of Published Earnings from Jan 01, 2014 to Jan 31, 2014
0
0
70,349
34,565,118
34,469,591
0
0
0
70,349
34,568,953
34,473,426
0
0
0
0
0
0
0
95,527
136,420,449
998
4,011,413
4,011,413
0
0
0
0
0
0
0
95,527
136,721,507
998
4,011,413
4,011,413
0
0
0
0
0
0
1,341,172,328
0
0
22,424,421,540
110,620,684
0
0
0
0
0
1,343,011,010
0
0
22,955,119,880
110,620,684
330,570,240
330,570,240
0
0
313,352,956
116,388,472
1,332,286,981
330,570,240
330,570,240
0
0
313,352,956
116,388,472
1,332,286,981
0
0
2,092,598,649
24,627,640,873
0
0
2,092,598,649
25,158,339,213
Transferred Investments
Loans to Agricultural Sector
Accumulated Loans to Agricultural Sector
Deposits of Official Entities
Micro Credits
Loans to Tourism Sector in Accordance to the
Legislation in Force
Mortgages in Accordance to the Special Law on
Protection to the Mortgage Creditor
Return on Assets
Loans Granted to Manufacturing Industry
Total
0
0
0
0
0
Financial Income
Cash and Due from Banks
Investments Securities
Loan Portfolio
Other Accounts Receivable
Investments in Subsidiaries, Affiliates and
Branches
Main Office and Branches
Other
Financial Expenses
Customers´ Deposit
Obligations with Banco Central de Venezuela
Deposits and Obligations with Banco
Nacional de Vivienda y Habitat
Other Borrowings
Other Financial Intermediation Obligations
Underlying Obligations
Others Obligations
Main Office and Branches
Other
Gross Financial Margin
Income from Recovery of Financial Assets
Expenses for Uncollectible and Impaired Financial Assets
Uncollectible Loans and Other Accounts Receivable
Allowances and Adjustments
0
72,082,274
24,975,355
0
47,106,919
0
0
0
10,663,741
1,043,206
1,043,206
0
Complementary Information
717,153
94,811,822
129,665 474,311,842
1,517,255 3,094,655,799
0
0
0
0
Period Ended 01/31/2014
Venezuela´s
Consolidated with
Operations
Foreign Branches
and Offices
170,985,567
171,290,460
0
2
40,682,462
40,987,353
128,703,996
128,703,996
1,528,760
1,528,760
0
72,082,274
24,975,355
0
47,106,919
0
0
0
10,663,741
1,043,187
1,043,187
0
Stockholder´s Equity
Capital Stock
Paid-in Capital
Obligations Convertible into Shares
Uncapitalized Equity Contributions
Capital Reserves
Adjustment to Stockholders´ Equity
Retained Earnings
Unrealized Gain or Loss on Available for
Sale Securities
(Treasury Stock)
Total Stockholders´ Equity
Total Liabilities and Stockholders´ Equity
(Details)
Corporate
Central
Entities Administration
Period Ended 01/31/2014
Venezuela´s
Consolidated with
Operations
Foreign Branches
and Offices
20,999,460,010
21,528,319,649
16,840,970,222
17,209,606,109
10,934,957,079
10,934,957,079
5,839,854,226
6,207,635,462
0
0
66,158,917
67,013,568
932,047,206
943,987,857
0
0
3,178,247,846
3,178,247,846
0
0
0
0
48,194,736
196,477,837
0
0
0
0
0
99,793,000
1,058,000,380
157,184,477
263,961,438
175,685,723
184,514,416
9.08%
1,036,103,225
(In Bolívars)
Period Ended 01/31/3014
Venezuela´s
Consolidated with
Operations
Foreign Branches
and Offices
132,410,034
132,711,092
105,295,244
105,365,935
4,664,278
4,954,805
233,041,000
233,122,222
114,805,793
114,884,199
66,485,824
66,492,318
32,014,853
32,086,765
Net Financial Margin
Other Operating Income
Other Operating Expenses
Financial Intermediation Margin
Less-Operating Expenses
Personnel
General and Administrative
Contributions to Fondo de Garantía de Depositos y
Protección Bancaria
Contributions to Superintendencia de Bancos y Otras
Instituciones Financieras
Gross Operating Margin
Income from Foreclosed Assets
Income from Special Programs
Miscellaneous Operating Income
Expenses for Foreclosed Assets
Expenses for Depreciation, Amortization and Impaired
Miscellaneous Assets
Miscellaneous Operating Expenses
Net Operating Margin
Extraordinary Income
Extraordinary Expenses
Gross Income Before Income Taxes
Income Taxes
Net Income
14,816,130
14,816,130
1,488,986
118,235,207
192,423
0
1,076,983
0
1,488,986
118,238,023
192,423
0
1,077,899
0
0
8,763,929
110,740,684
0
120,000
110,620,684
0
110,620,684
0
8,767,661
110,740,684
0
120,000
110,620,684
0
110,620,684
Financial Ratios
1. Stockholders´ Equity
(Stockholders´ Equity
+ Operations)
1.1
x 100 = 9.08
Total Assets
1.2
Non-Yielding Assets
x 100 = 463.93
(Stockholders´ Equity
+ Operations)
Germán García-Velutini
President
2. Banking Solvency and Assets´ Quality
Allowance for Investment
Securities
2.1
x 100 = 1.13
Gross Loan Portfolio
2.2
Gross Immobilized Portfolio
x 100 = 0.31
Gross Loan Portfolio
César A. Briceño López
Secretary
3. Management
3.1
3.2
(Personnel Expenses +
Operating Expenses)
Average Yielding Asset
(Personnel Expenses +
Operating Expenses)
Financial Income
4. Profitability
x 100 = 8.66
4.1
x 100 = 57.61
4.2
María Susana Rodríguez
Controller
Branches and Service Offices: Caracas - Venezolano de Crédito Casa Matriz: Urb. San Bernardino, Av. Alameda, Edif. Venezolano de Crédito, P.B. Telf.
806.6111. Oficina Centro: Sur 2, Nº 7, Monjas a San Francisco. Sucursales: La Trinidad Centro Comercial Sorocaima, Av. La Trinidad con Calle San Miguel. Bello
Monte Res. Balpeca, Esquina Calles Las Ciencias y Edison. Chacao Edif. EXA, Av. Libertador. El Paraiso Centro Plaza Páez. San Luis Centro Comercial San Luis.
Mata de Coco Centro Comercial Mata de Coco. San Bernardino Av. Vollmer, Edif. C.A. La Electricidad de Caracas. Galerías Bolívar Boulevard de Sabana Grande.
Las Mercedes Edif. BVC, Calle Londres. Mene Grande Av. Francisco de Miranda, Edif. Mene Grande. Sebucan Av. Rómulo Gallegos, Edif. Las Américas, Locales
A, B y C. La Lagunita Av. Sur, Zona B. Av. Libertador Centro Comercial Av. Libertador, entre C. Negrín y Av. Libertador, Nivel P2. Prados del Este Av. Paseo, Centro
Comercial El Morichal. La Estancia Av. La Estancia Edif. Torre Diamen, Chuao. Los Ruices Av Ppal. de Los Ruices cruce con 1ª Transv., Edif. Principal. La Urbina
Calle 10, Edif. Anauco. Guarenas Centro Comercial Buenaventura, Av. Intercomunal Guarenas-Guatire. Av. Urdaneta entre Punceres y Plaza España. La Florida
Av. Andrés Bello, Res. Lido, P.B. Los Palos Grandes Av. Andrés Bello, con 4ª Tranvs. Boleíta Av. Rómulo Gallegos, C/C Las Palmas, Local 3, Centro Gerencial Los
Andes. Cumbres de Curumo C.C. Cumbres de Curumo, P.B. El Rosal Av. Francisco de Miranda, Av. Tamanaco con C. Mohedano, Centro Seguros Sud América,
P.B.-M. La Castellana Edif. Centro Letonia, Torre ING Bank, Av. Eugenio Mendoza y San Felipe, La Castellana. Carrizal Centro Médico Docente Los Altos. EPA San
Martín Av. San Martín, Urb. Industrial San Martín. EPA Los Ruices Calle A, Zona Industrial Los Ruices. Los Naranjos Av. El Paují, C.C. Galerías Los Naranjos, Nivel
Plaza. Macaracuay C.C. Macaracuay Plaza, Nivel C-2. Excelsior Gama Plus Santa Eduvigis. Centro Expreso C.C. Expreso, Chacaíto. Excelsior Gama Santa Fe
C.C. Santa Fe. Centro Expreso Baruta. Santa Paula Av. Circunvalación del Sol, Edif. Santa Paula Plaza I, P.B.
Interior: Valencia Av. Bolívar, Edif. 109-18. Barquisimeto Carrera 19, entre 14 y 15. San Cristóbal C.C. Boulevard Pirineos, P.B. Maracaibo Av. Bella Vista con C.
76. Puerto Ordaz C. Guri cruce con C. Cuchivero. Ciudad Ojeda Carretera N con Av. Intercomunal, frente al Centro Médico Lagunillas. El Tigre Av. Intercomunal El
Tigre, San José de Guanipa. Maturín Av. Bolívar con C. 4, Nº 30. Maracaibo Zona Industrial Edif. Wilera I, Nº 115-130, P.B., Circunvalación Nº 2. Valencia Zona
Net Income
Average Asset
5. Liquidity
x 100 = 5.86
Net Income
x 100 = 63.44
Average Stockholder´s
Equity
Vicente A. Alvis Salas
Accountant
Current Assets
x 100 = 45.30
Deposits from the Public
(Current Assets+Investments in
Negotiable Instruments)
5.2
x 100 = 45.34
Customer´s Deposits
5.1
Jorge E. Santamaria M.
Auditor
Industrial Av. Henry Ford, C.C. Boulevard Industrial Municipal. Anaco Sector Noreste del Parcelamiento Anaco, entre Av. Lara y Av. José Antonio Anzoátegui.
Barquisimeto (Los Leones) Av. Los Leones con C. Madrid, dentro de la Policlínica Barquisimeto, Edo. Lara. Valencia El Viñedo Boulevard Los Naranjos, Urb. El
Viñedo. Maracay Las Delicias Urb. Base Aragua, Av. Gral. Páez con 2ª Tranvs. La Victoria C.C. Ciudad Morichal entre Av. La Victoria y Av. El Peaje. EPA Turmero
Av. Intercomunal de Turmero, Edo. Aragua. Puerto La Cruz Las Garzas Torre BVC entre Intercomunal A. Bello y A. Vespucio. Makro Mérida Av. Centenario, Mérida.
Makro Charallave Av. Intercomunal de Charallave, Sector Paseo Real. Punto Fijo Edif. Sede Telcel, Av. Pumarosa con C. José L. Chirinos, Edo. Falcón. Makro El
Tigre Av. Intercomunal El Tigre-El Tigrito, Edo. Anzoátegui. Makro Paraguaná Carretera Los Taques, Sector El Taparo, Punto Fijo, Edo. Falcón. EPA La Granja C.C.
La Granja, Av. Universidad, Valencia. Porlamar C.C. Rattan Plaza, Edo. Nueva Esparta. Makro Valera Autopista Valera, Edo. Trujillo. Makro Barinas Edo. Barinas.
Makro El Vigía Carretera Panamericana, Edo. Mérida. Makro Valle de La Pascua Av. Rómulo Gallegos, Edo. Guárico. Makro Porlamar Av. Francisco Fajardo, Vía
El Valle, Edo. Nueva Esparta. Cagua C. Sabana Larga con C. Cagigal, C.C. Trinidad Plaza. Mérida Av. Andrés Bello, C.C. Europlaza, Urb. Las Delicias. Makro
Acarigua Av. Vencedores de Araure, Edo. Portuguesa. Makro Cumaná Av. Rotaria con Av. Carúpano. Makro Barquisimeto Av. Las Industrias. Makro Valencia
entre Dist. San Diego y San Blas. Makro Vargas Av. Fuerzas Armadas, Aeropuerto Internacional Simón Bolívar. Febeca DD, Valencia. Makro Maracay Sector Los
Samanes, Municipio Girardot. Makro San Felipe Av. Intercomunal San Felipe. Makro Naguanagua Av. Colectora, Terrazas de Naguanagua. Barquisimeto Parque
Real Av. Los Leones, Centro Comercial Parque Real, Barquisimeto. Maracaibo Norte Av. Milagro Norte, C.C. Lago Norte, Maracaibo.
In Company Branches: Procter & Gamble, Sorokaima. Procter & Gamble, Barquisimeto. Procter & Gamble, Guatire. Hewlett Packard, Los Palos Grandes.
Alimentos Kellogg´s, Maracay. Telcel, Caracas. Parmalat, Caracas. El Universal, Caracas. Johnson&Johnson, Caracas. Bigott, Los Dos Caminos. Bayer, El Rosal.
Leopoldo Aguerrevere, Caracas. Río Turbio, Barquisimeto. Febeca, Valencia.
Abroad: 1st Floor, Windward 1, Regatta Office Park. P.O.Box 10338, Grand Cayman KY1-1003, Cayman Islands.