Banco do Brasil 2004 BANCO DO BRASIL 2004
Banco do Brasil 2004 BANCO DO BRASIL 2004 Results Conference Call with Analysts Investor Relations
Banco do Brasil Highlights 2004 1 st in Assets – R$ 239. 0 billion (CAGR 13. 7%); 1 st in Total Deposits – R$ 115. 5 billion (CAGR 8. 8%); Largest Loan Portfolio – R$ 88. 6 billion (CAGR 19. 3%); Leader in the export foreign exchange segment – 27. 2% market share; Leader in asset management in Latin America – R$ 124. 0 billion (CAGR 29. 9%); Largest Customer Base – 21. 1 million (CAGR 13. 7%); Leader in Internet – 6. 9 million customers; Largest service network in the country – 14, 450 points; Largest automated teller machine network in Latin America – 39, 015 ATMs; 3 rd place ANBID's ranking of fixed income underwriting in financial volume and in quantity of operations. CAGR – 1999 to 2004 except Credit Portfolio (2000 to 2004) Investor Relations
Banco do Brasil 2004 Result Building Spread Reduction Increase in Credit Operations Growth of Services Revenues Productivity Ratios maintenance Growth of Administrative Expenses Decrease of Income Tax and Social Contribution Investor Relations
Banco do Brasil 2004 Result Highlights R$ million Investor Relations
Banco do Brasil Net Income 2004 R$ million 22. 3 23. 0 3, 024 27. 7 23. 1 27. 5 24. 0 21. 3 637 616 4 Q 03 1 Q 04 805 833 2 Q 04 3 Q 04 2, 381 771 4 Q 04 2003 2004 ROE - % (Annualized) Investor Relations
Banco do Brasil Analysis of Volume and Spread 2004 Annual Spread - % 2003 - 7. 3618 2004 - 6. 9078 (945) (88) 15, 327 1, 424 Volume - R$ million 2004 - 227, 541 2003 - 208, 198 Quarterly Spread - % 4 Q 04 - 1. 7401 Gain/(Loss) due to Volume Gain/(Loss) due to spread Gain/(Loss) due to Volume and Spread 3 Q 04 - 1. 7258 32 1 3, 919 133 Volume - R$ million 4 Q 04 - 234, 802 3 Q 04 - 227, 099 Investor Relations
Banco do Brasil Analysis of Management Spread - % 2004 2003 2004 Portfolio Mix - % (daily balance average) 4. 1 3. 6 19. 3 34. 7 19. 5 35. 6 41. 9 41. 3 Investor Relations
Banco do Brasil Service Revenues 2004 R$ million Customers Base - million Asset Management 19. 0 20. 2 19. 9 116. 0 116. 9 1 Q 04 20. 0 19. 7 122. 5 124. 0 3 Q 04 4 Q 04 102. 7 4 Q 03 Asset Management Market Share - % Investor Relations
Banco do Brasil Personal Expenses 2004 R$ million Coverage Ratio – YTD - % 98. 6 98. 3 98. 4 Human Resources - thousand 96. 9 2. 6 2. 8 2. 9 82. 4 4 Q 03 1 Q 04 2 Q 04 3 Q 04 Service Income / Personnel Expenses 4 Q 04 Dep. + Asset Management / Employee - R$ million Investor Relations
Banco do Brasil Productivity Ratios 2004 Assets per Workforce - R$ thousand 2, 534 2, 503 2, 455 2, 531 2, 570 4 Q 03 1 Q 04 2 Q 04 3 Q 04 4 Q 04 Customers per Workforce 206 4 Q 03 209 1 Q 04 217 221 227 2 Q 04 3 Q 04 4 Q 04 Workforce per Branch* 17. 3 17. 5 17. 4 17. 3 4 Q 03 1 Q 04 2 Q 04 3 Q 04 4 Q 04 * Branch, Advanced Service Post and Banking Service Post Investor Relations
Banco do Brasil Other Administrative Expenses 2004 R$ million Points of Service - thousand Customers per Branch* 5. 9 6. 0 5. 9 6. 1 13. 2 13. 5 13. 9 14. 2 14. 5 4 Q 03 1 Q 04 2 Q 04 3 Q 04 4 Q 04 Credit Operations / Points of Service - R$ million 3, 578 3, 646 3, 766 3, 855 3, 931 4 Q 03 1 Q 04 2 Q 04 3 Q 04 4 Q 04 * Branch, Advanced Service Post and Banking Service Post Investor Relations
Banco do Brasil Automated Channels 2004 Electronic Transactions / Total Transactions - % 89. 6 86. 4 86. 3 86. 9 4 Q 03 1 Q 04 2 Q 04 3 Q 04 88. 4 4 Q 04 ATM Internet Individual Internet Corporate Cashier POS COBAN and Others Efficiency Ratio – YTD - % 56. 3 55. 6 56. 8 56. 4 58. 2 4 Q 03 1 Q 04 2 Q 04 3 Q 04 4 Q 04 Administrative Expenses / Operational Income Investor Relations
Banco do Brasil 2004 Business vs. Expenses - % Investor Relations
Banco do Brasil Assets, Liabilities and Shareholders’ Equity 2004 R$ million 3. 5 19. 1 21. 5 21. 6 21. 1 7. 3 1 Q 04 2 Q 04 3 Q 04 4 Q 04 Interbank Deposits 5. 8 5. 5 4 Q 03 160. 1 3. 6 44. 5 3. 9 42. 0 3. 9 4. 1 18. 0 40. 1 31. 3 49. 7 29. 7 49. 4 30. 5 48. 2 28. 8 28. 5 31. 1 30. 7 29. 9 30. 2 29. 4 27. 4 30. 7 30. 2 29. 0 13. 3 30. 2 15. 0 18. 9 27. 1 13. 3 19. 2 157. 1 Market Funding – R$ billion 150. 1 Asset Composition - % Demand Deposits Saving deposits 4 Q 03 Time Deposits 3 Q 04 Money Market Borrowing 4 Q 04 Investor Relations Total
Banco do Brasil Securities 2004 R$ million Security Portfolio by Maturity - % 4 Q 03 4 Q 04 26. 3 36. 1 63. 9 73. 7 Investor Relations
Banco do Brasil Credit Portfolio 2004 R$ million 4 Q 03 3 Q 04 2. 6 12. 2 11. 9 20. 1 4 Q 04 2. 0 10. 2 24. 0 23. 1 9. 0 10. 1 9. 4 2. 0 21. 2 21. 8 21. 4 33. 9 30. 5 34. 5 Retail Commercial Agribusiness Foreign Trade Abroad Others Investor Relations
Banco do Brasil Credit Portfolio by Risk Level - % 2004 16. 1 83. 9 Retail 5. 4 3. 7 2. 3 2. 6 94. 6 96. 3 97. 7 97. 4 Commercial Agribusiness Foreign Trade Abroad AA-C D-H 7. 9 10. 4 92. 1 89. 6 BB Banking Industry* * Source: Brazilian Central Bank Investor Relations
Banco do Brasil Credit Portfolio Delinquency 2004 R$ million 5. 4 4. 7 5. 9 6. 1 5. 2 5. 1 6. 4 4. 6 4. 4 6. 1 4. 4 4. 3 5. 6 4. 9 1. 6 3. 0 3. 2 3. 3 4 Q 03 1 Q 04 2 Q 04 3 Q 04 4 Q 04 Allowance for Loan Losses / Credit Portfolio - % 4 Q 03 2. 2 1 Q 04 1. 7 2 Q 04 Loss / Credit Portfolio - % annualized 1. 7 2. 1 3 Q 04 4 Q 04 Expenses / Portfolio - % Past Due Loans / Credit Portfolio - % Past Due Loans + 60 days / Credit Portfolio Investor Relations
Banco do Brasil Capital Adequacy 2004 R$ million 11. 0 15. 7 15. 2 4. 6 10. 1 10. 5 10. 6 2 Q 04 3 Q 04 4 Q 04 13. 7 14. 3 14. 5 4. 0 4. 4 9. 7 9. 9 4 Q 03 1 Q 04 Tier II Investor Relations
Banco do Brasil 2004 Capital Adequacy R$ million Investor Relations
Banco do Brasil Insurance 2004 R$ thousand Combined Ratio Evolution - % 85. 9 87. 0 12. 2 12. 7 18. 0 17. 7 83. 5 78. 0 12. 3 17. 4 55. 7 56. 6 53. 8 4 Q 03 1 Q 04 2 Q 04 11. 5 18. 4 80. 7 11. 6 17. 3 48. 1 51. 8 3 Q 04 4 Q 04 Administrative Expenses / Earned Premiums Marketing Expenses / Earned Premiums Retained Claims / Earned Premiums Investor Relations
Banco do Brasil BB’s Shares 2004 35. 4% 17. 8% Dec/03 Jan/04 Feb/04 Mar/04 Apr/04 May/04 Jun/04 Jul/04 Aug/04 Sep/04 Oct/04 Nov/04 Dec/04 Daily Volume BBAS 3 - R$ million BBAS 3 Ibovespa Investor Relations
Banco do Brasil 2004 Investor Relations Division SBS - Quadra 1 - Bloco C - Ed. Sede III - 17° floor 70073 -901 - Brasília (DF) Phone: 55 (61) 310. 5920 Fax: 55 (61) 310. 3735 www. bb. com. br ri@bb. com. br Disclaimer - This presentation contains references and statements, planned synergies, increasing estimates, projections of results and future strategy for Banco do Brasil, it’s Associated and Affiliated Companies and Subsidiaries. Although these references and statements reflect the management’s belief, it also involves imprecision and high difficult risks to be foreseen, consequently, it may conduct to a different result than the one anticipated here. These expectations are highly depended on market conditions, on the Brazilian economic performance, on the sector and the international market. Banco do Brasil is not responsible for bringing up to date any estimate in this presentation. For further information access www. bb. com. br/ri Investor Relations
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