Banco de Credito del Peru SA Annual Results: Standalone & Consolidated Reports

Annual Results

Results Snapshot

Figures in Million

Standalone Annual Results

Dec'12

Dec'11

Dec'10

Dec'09

Dec'08

Dec'07

Dec'06

Interest Earned

5,708.25

4,846.15

4,077.41

3,938.53

4,563.46

3,210.51

2,377.31

Income On Investments

1,126.00

971.89

848.72

839.69

1,655.28

938.63

499.31

Interest On Balances With Rbi Other Inter Bank Funds

87.42

110.85

87.07

46.29

160.47

213.97

255.68

Interest / Discount On Advances / Bills

4,353.03

3,625.90

3,030.98

2,958.71

2,674.62

2,003.21

1,572.21

Others

141.80

137.51

110.64

93.84

73.09

54.71

50.11

Other Income

1,651.06

1,439.68

1,271.16

1,097.69

1,103.24

939.62

919.45

Total Income

7,359.31

6,285.84

5,348.57

5,036.22

5,666.70

4,150.13

3,296.76

Interest Expended

1,573.92

1,377.42

1,103.08

1,249.82

1,933.07

1,236.50

844.98

Net Interest Income

4,134.33

3,468.73

2,974.32

2,688.71

2,630.39

1,974.01

1,532.33

Total Expenditure (Excl Depreciation)

2,800.51

2,396.80

2,650.76

2,561.27

1,897.94

1,593.16

1,438.30

Employee Cost

2,319.92

1,972.77

1,682.32

1,614.03

1,509.86

1,277.88

1,149.96

Other Operating Expenses

480.59

424.03

968.43

947.24

379.81

303.94

274.65

Operating Profit Before Provisions and Contingencies

2,984.88

2,511.62

1,594.73

1,225.14

1,752.65

1,309.16

990.62

Exceptional Items

0.00

83.04

11.30

22.86

Provisions and contingencies

1,013.08

631.07

0.00

239.66

173.84

142.10

Profit Before Tax

1,971.80

1,880.55

1,594.72

1,225.13

1,596.03

1,146.62

871.38

Tax

474.10

441.55

385.38

300.63

261.48

263.18

209.80

Profit After Tax

1,497.70

1,438.99

1,209.34

924.50

1,334.55

883.44

661.57

Extraordinary Items

0.00

Prior Period Expenses

0.00

Other Adjustments

0.00

Net Profit

1,497.70

1,438.99

1,209.34

924.50

1,334.55

883.44

661.57

Face Value

0.0

Reserves

4,038.39

3,737.91

2,981.31

2,600.99

2,591.64

1,921.31

1,574.35

Earnings per share (EPS)

0.17

0.16

0.14

0.11

0.26

0.17

0.13

Diluted Earnings per share

0.17

0.16

0.14

0.11

0.26

0.17

0.13

Operating Profit Margin (Excl OI)

0.0%

Gross Profit Margin

34.54%

38.8%

39.11%

31.11%

34.97%

35.71%

36.65%

PAT Margin

26.24%

29.69%

29.66%

23.47%

29.24%

27.52%

27.83%

Net Interest Margin

5.2%

4.9%

4.7%

0.0%

Return on Assets

0.0%

CASA (%)

0.0%

CASA Amount

0.00

Capital Adequacy Ratio (Total)

14.72%

14.53%

12.84%

14.52%

8.68%

8.44%

0.0%

Capital Adequacy Ratio (Tier 1)

0.0%

Provision Coverage Ratio (%)

0.0%

Amount of Gross NPAs

548.58

440.12

197.45

108.46

52.21

36.56

61.17

Amount of Net NPAs

548.58

440.12

197.45

108.46

52.21

36.56

61.17

% of Net NPAs

1.16%

1.07%

0.54%

0.35%

0.17%

0.16%

0.37%

% of Gross NPAs

1.16%

1.07%

0.54%

0.35%

0.17%

0.16%

0.37%

Public Share Holdings (%)

0.0%

Pledged Promotor Holding (%)

0.0%

Pledged Capital (%)

0.0%

Number of ATMs

0.0

Number of Branches

0.0

Annual Analysis Highlights

Interest Earned

YoY Growth in year ended Dec 2012 is 17.79% vs 18.86% in Dec 2011

Net Profit

YoY Growth in year ended Dec 2012 is 4.08% vs 18.99% in Dec 2011

Operating Profit (PBDIT)

YoY Growth in year ended Dec 2012 is 18.84% vs 57.50% in Dec 2011

% of Net NPAs

YoY Growth in year ended Dec 2012 is 0.09% vs 0.53% in Dec 2011

% of Gross NPAs

YoY Growth in year ended Dec 2012 is 0.09% vs 0.53% in Dec 2011

Compare Annual Results Of Banco de Credito del Peru SA With

Select Peers

Figures in Million

Consolidate Annual Results

Change(PEN)

Change(%)

Interest Earned

5,108.17

Income On Investments

0.00

Interest On Balances With Rbi Other Inter Bank Funds

0.00

Interest / Discount On Advances / Bills

4,998.97

Others

5.91

Other Income

2,313.92

Total Income

2,313.92

Interest Expended

1,579.25

Net Interest Income

3,528.92

Total Expenditure (Excl Depreciation)

2,779.14

Employee Cost

1,626.76

Other Operating Expenses

1,152.37

Operating Profit Before Provisions and Contingencies

2,046.19

Exceptional Items

-24.80

Provisions and contingencies

1,017.52

Profit Before Tax

2,035.55

Tax

551.14

Profit After Tax

1,488.00

Extraordinary Items

0.00

Prior Period Expenses

0.00

Other Adjustments

0.00

Net Profit

1,488.00

Face Value

1.00

0.00

Reserves

7,141.28

Earnings per share (EPS)

0.11

Diluted Earnings per share

0.11

Operating Profit Margin (Excl OI)

27.57%

0.00

27.57%

Gross Profit Margin

45.21%

0.00

45.21%

PAT Margin

20.05%

0.00

20.05%

Net Interest Margin

5.85%

5.85

5.85%

Return on Assets

1.83%

1.83

1.83%

CASA (%)

51,902.07%

51,902.07

51,902.07%

CASA Amount

0.00

Capital Adequacy Ratio (Total)

0.00%

0.00

0.00%

Capital Adequacy Ratio (Tier 1)

0.00%

0.00

0.00%

Provision Coverage Ratio (%)

0.00

0.00%

Amount of Gross NPAs

944.53

Amount of Net NPAs

944.53

% of Net NPAs

1.75%

1.75

1.75%

% of Gross NPAs

1.75%

1.75

1.75%

Public Share Holdings (%)

0.00

0.00%

Pledged Promotor Holding (%)

0.00

0.00%

Pledged Capital (%)

0.00

0.00%

Number of ATMs

0.00

Number of Branches

0.00

Annual - Interest Earned

Interest Earned 570.83 Million

in Dec 2012

Figures in Million

YoY Growth in year ended Dec 2012 is 17.79% vs 18.86% in Dec 2011

Annual - Net Profit

Net Profit 149.77 Million

in Dec 2012

Figures in Million

YoY Growth in year ended Dec 2012 is 4.08% vs 18.99% in Dec 2011

Annual - Operating Profit (PBDIT)

Operating Profit (PBDIT) 298.49 Million

in Dec 2012

Figures in Million

YoY Growth in year ended Dec 2012 is 18.84% vs 57.50% in Dec 2011

Annual - % of Net NPAs

% of Net NPAs 1.16%

in Dec 2012

Figures in %

YoY Growth in year ended Dec 2012 is 0.09% vs 0.53% in Dec 2011

Annual - % of Gross NPAs

% of Gross NPAs 1.16%

in Dec 2012

Figures in %

YoY Growth in year ended Dec 2012 is 0.09% vs 0.53% in Dec 2011