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Results 2012
Topics
Brazilian and Regional Economy
03
Profile and Corporative Governance
08
Operational Features
15
HighlightsConglomerate
36
Sustainability
38
Financial Information
19
Contacts
40
Brazilian and Regional Economy
Brazilian Economy
6.1
4.184.55
6.56
5.84
2008 2009 2010 2011 2012
Inflation IPCA- %
Source: IBGE
9.511 10.720
11.709 12.769
14.183
15.992 16.918
19.509
21.483 22.402
2003 2004 2005 2006 2007 2008 2009 2010 2011 2012
Earnings Per Capita (R$)
Source: IBGE
11.2
4.6
Unemployment - %
Source: IBGE
5.2
-0.6
7.5
2.7
0,9
2008 2009 2010 2011 2012
GDP - Variation %
Source: IBGE
4
Brazilian Economy – Projections
Indicators median- added 2013 2014
National Extended Consumer Price Index (%) 5.69 5.50
General Prices Index - DI (%) 5.17 5.00
General Prices Index -M (%) 5.20 5.20
Consumer Price Index-Fipe (%) 5.32 5.00
Exchange Rate – End of period (R$ / US$) 2.00 2.05
Exchange Rate – average in the period (R$ / US$) 2.00 2.04
Goal Special System for Settlement and Custody rate – End of period (% a.a.) 7.25 8.25
Goal Special System for Settlement and Custody rate – Average in the period (% a.a.) 7.25 8.25
Clear Debt of the Public Sector (% GDP) 34.50 33.20
GDP (% growth) 3.10 3.60
Industrial Production (% of growth) 3.10 3.50
Current Account (US$ Billion) -63.10 -68.35
Balance of Trade (US$ Billion) 15.20 15.60
Direct Foreign Investiments (US$ Billion) 60.00 60.00
Managed Price (%) 3.25 4.35
Source: Focus Report of Central Bank of Brazil – 22/02/2013
5
GDP distribution - DF
0,5% 6,8%
37,4%55,4%
Animal/Agriculture
Industry
Services and Trade
Public Administration
Source: IBGE and CodeplanData-basis: 2011
116,45129,48
142,57
2009 2010 2011
R$ billion
GDP – FEDERAL DISTRICT
Fonte: BACEN
Dec/12122.505
Dec/1289.915
Dec/12212.420
Credit - Individuals
Credit - Companies
Total Credit
Mid-West Credit(R$ million)
100
105
110
115
120
125
130
135
140
145
150
IBC-Br-CO
IBC-Br
Economic Activity Index of Central Bank of
Brazil – IBC – seasonal adjustment
Mid-West Region and Federal District’s Economy
6
Banking Sector
35.2
Dec/1253.5
3.2
4.5
3.23.6
0
1
2
3
4
5
0
10
20
30
40
50
60
jan/0
8
abr/
08
jul/08
out/
08
jan/0
9
abr/
09
jul/09
out/
09
jan/1
0
abr/
10
jul/10
out/
10
jan/1
1
abr/
11
jul/11
out/
11
jan/1
2
abr/
12
jul/12
out/
12
Credit/GDF Default
Credit evolution and Default - National
Financial System - %
Dec/0811.18
nov/0813.64
ago/09 8.65
jul/1010.32
jul/1112.25
dez/127.16
Special System for Settlement and Custody - %
Average Spread in the Credit Operations (p.p)
Source: BACEN
Nov/0518.6
out/0711.9
Dec/08 20.8
Dec/09;12.4
July/1117.5
Nov-1211.2
Brazilian Preferential Rate – TPB (%)
24.7
27.43
19.75
0
5
10
15
20
25
30
35
40
45
50
Ja
n-0
8
Apr-
08
Jul-08
Oct-
08
Jan-0
9
Apr-
09
Jul-09
Oct-
09
Jan-1
0
Apr-
10
Jul-10
Oct-
10
Jan-1
1
Apr-
11
Jul-11
Oct-
11
Jan-1
2
Apr-
12
Jul-12
Oct-
12
Total
Individuals
Companies
7
Profile and Corporative Governance
Brasília. DF
Brazil
Brazil – Brasília/DF
9
Mid-West Region and Federal District
Area
Population
Population
Density
GDP per
Capita
HDI
5.802 km2
2.6 milliion inhabitants
450 inhab/ km2
R$ 57.033 (The highest in Brazil)
0.844 (The biggest in Brazil)
Federal District
Area
Population
Population
Density
GDP per
Capita
HDI
1.606.371.505 km2
14.5 million inhabitants
8.26 inhab/ km2
R$ 24.939
Mid-West
0.815
10
Brasília. DF
Brasil
Banco de Brasília – Brief history
Banco de Brasília S/A – BRB, a mixed
economy company, whose major shareholder is
the Government of the Federal District, was
established on December 10th. 1964 by a
Federal Law and it was authorized to operate
by Central Bank of Brazil on July 12th. 1966.
It is the financial agent of the Government of
the Federal District, which acts as a retail
bank as well as a regional development one.
It holds 106 Branches, which include the
capitals São Paulo, Rio de Janeiro, Goiânia,
Cuiabá and Campo Grande, not to mention that
it offers 758 ATMs, 48 thousand shared ones
(among which there are 24 hour ATMs, other
associates such as Banco do Brasil, and also
231 Non-bank Correspondents). Besides these
channels, BRB also provides internet services
(BRB Banknet) and Call Center services (BRB
Telebanco).
11
100% 99.0% 69.74%
100%
Shareholders Structure
99.9%
96.85% ON = 27.130.856
PN = 8.028.940
Total = 35.159.796
3.18%
1%
3.15% ON = 883.794
PN = 261.060
Total = 1.144.854
Minor shareholders
BSLI 3 (ON) = 28.014.650
BSLI 4 (PN) = 8.290.000
Total = 36.304.650
12
Organization Chart
13
Fiscal Council
Board of Directors
Presidency
Credit Analisis Management
Control Director
Financial Director
Branches Director
Credit Director
Government and
Development Director
Administrative Director
Technology Director
General Assembly of Shareholders
Administration Council
Audit Superintendency
Audit Committee
Remuneration Committee
Ratings – Local Currency
A-
Perspective: Stable
A2.br*
*Bank Deposits NSR (National ScaleRating) – Local Currency
9.35
Normal Risk -
14
Perspective: Neutral
Operational Features
BRB’s Business model
16
Business Support
Pillars
“ To act as a public bank inductor of sustainable development of the Federal District and regions of influence. providing innovative financial solutions with excelence in dealing with costumers”.
Mission
* Financeira BRB offers the product to customers who do not hold a current account.
Retail
Credit –Individuals
Credit on Consignment*
Personal Credit
Agribusiness (Micro and Small Producer)
Mortgage
Wholesale
Investiments/Others
Bank Deposit Certificate/ Savings
Investiment Funds
Credit Cards
Insurance
Credit –Companies
Working Capital
Advance on Receivables
Agribusiness (Medium-sized and Major
Producer)
Corporate Operations
Civil Construction Financing
Structured Operations
Collection
Market Participation
17
MARKET SHARE OF CREDIT – Mid-West
MARKET SHARE OF CREDIT – Federal District2
2Source: Central Bank of Brazil. data-basis October/12
3.0%
97.0%
Mid-WestOct/2012
BRB Others
2,8%
97,2%
Mid-West Oct/2011
BRB Others
11,1%
88,9%
BRB
Ohters Financial Institutions
1Source: Central Bank of Brazil. data-basis February/13
RANKING PER BRANCHES AND CUSTOMER CARE LOCATION IN THE DF1
Institution Branches CCL
BB 108 65
58 43
58 30
CEF 54 14
Bradesco 44 11
Santander 34 54
HSBC 12 06
Clients
18
82,4%
7,2%
Clientele
Individuals
Companies
58%
41%
1%
Individuals
Private Sector
Public Servants
Others
Source: BRB
O BRB serves approximately 534 thousand clients:
Pir
Financial Information
Main Economic Indicators
20
R$ Million 2012 2011 4Q12 3Q12 2Q12 1Q12 4Q11 4Q12/3Q12 2012/2011
Credit Portfolio 6.382 4.880 6.382 6.020 5.667 5.321 4.880 6.0% 30.8%
Total Assets 9.767 8.669 9.767 10.109 9.625 8.960 8.669 -3.4% 12.7%
Total Deposits 6.655 6.405 6.655 7.285 7.093 6.543 6.405 -8.6% 3.9%
Deposists in cash 901 814 901 809 763 706 814 11.4% 10.7%
Term Depositis 3.868 3.950 3.868 4.655 4.579 4.186 3.950 -16.9% -2.1%
Court Deposits 634 509 634 606 575 506 509 4.6% 24.6%
Savings Deposit 1.255 1.074 1.255 1.215 1.175 1.149 1.074 3.3% 16.8%
Equity Capital 946 780 946 917 870 830 780 3.2% 21.3%
Net Income 215.4 96 52.8 47.5 71 44.0 -57 11.2% 124.4%
Rates
NIM * 17.9% 18.5% 17.9% 18.4% 20.4% 20.0% 18.5% -0.5p.p. -0.6 p.p.
ROAA* 2.3% 1.2% 2.3% 2.0% 2.8% 2.0% 1.2% 0.3 p.p. 1.1 p.p.
ROAE * 24.9% 12.9% 24.9% 20.8% 32.8% 21.2% 12.9% 4.1 p.p. 12.0 p.p.
% PDD 4.5% 6.0% 4.5% 4.6% 5.2% 5.6% 6.0% -0.1 p.p. -2.5 p.p.
BIS Ratio 13.4% 13.5% 13.4% 12.7% 12.9% 12.9% 13.5% 0.7 p.p. -0.1 p.p.
Tier I 11.2% 12.2% 11.2% 11.4% 11.5% 11.5% 12.2% -0.2 p.p. 1.0%
Tier II 2.2% 1.3% 2.2% 1.3% 1.4% 1.4% 1.3% 0.9 p.p. 0.9 p.p
Eficiency Rate 61.85% 62.21% 61.85% 61.10% 59.67% 64.40% 62.21% -0.36 p.p. 0.75 p.p.
*Accumulated Value
Source: BRB – Accounting Data
Assets and ROAA
21
R$ Thousand
4.999
6.612
7.734
8.668 8.959
9.625 10.109
9.767
2,2%
3,1%2,7%
1,2%
2,0%
2,8%
2,0%2,3%
2008 2009 2010 2011 1Q12 2Q12 3Q12 4Q12
Assets ROAA
CAGR = 18.2%
Source: BRB
Ativo
22
Composition of the Credit Portfolio
74,2% 75,2% 74,4% 72,2% 72,6% 73,5% 74,2% 72,3%
18,2% 15,8% 15,4% 17,0% 17,4% 16,5% 16,1%16,7%
2,5% 2,9% 3,4% 3,8% 3,5% 4,0% 3,9% 4,3%
5,1% 5,9% 6,7% 7,0% 6,5% 6,0% 5,8% 6,4%
0,0%
10,0%
20,0%
30,0%
40,0%
50,0%
60,0%
70,0%
80,0%
90,0%
100,0%
2008 2009 2010 2011 1Q12 2Q12 3Q12 4Q12
Individuals Companies Agribusiness Mortgage
Source: BRB
23
Composition of the Credit Portfolio
Source: BRB
2012(R$
thousand)
Part.
(%)
2011(R$
thousand)
Part.
(%)∆%
Comercial Credit 5,674,990 88.9% 4,348,901 89.1% 30.5%
Individuals 4,611,495 72.3% 3,520,571 72.1% 31.0%
Companies - Trade 433,902 6.8% 297,005 6.1% 46.1%
Companies – Industry 114,876 1.8% 103,564 2.1% 10.9%
Companies – Others 514,717 8.1% 427,761 8.8% 20.3%
Rural Credit 273,183 4.3% 185,628 3.8% 47.2%
Mortgage 405,816 6.4% 343,364 7.0% 18.2%
State Public Sector – Industry 1,127 0.0% 1,791 0.0% -37.1%
Interbank 27,103 0.4% 222 0.0% 12,109%
T O T A L 6,382,219 100.0% 4,879,906 100.0% 30.8%
30.7%
16.3%
BRB SFN
Increase in Loans in
2012
Credit Operations
24
2,771
3,156
3,793
4,880
5,321
5,667
6,020
6,382
66 104 125295 296 293 279 288
2008 2009 2010 2011 1Q12 2Q12 3Q12 4Q12
Credit Portfolio Provisions
CAGR *= 23.2%*Operações de Crédito
2.4%
3.3% 3.3%
6%5.6%
5.2%
4.6% 4.5%
Credit Operations x Provision (% Portfolio)
R$ millions
H
G
F
E
D
C
B
A
AA
4Q2012
Quality of the Portfolio*
AA – C = 91.72%
*Resolution CMN 2682/99Source: BRB
NFS¹ = 92.43%
¹Source: Bacen
Credit Operations – Coverage Index
25
114%124%
149%
161%169%
161% 157%152% 153% 152%
Sep-11 Dec-11 Aug-12 Sep-12 Dec-12
Coverage Ratios x NFS (National Financial System) x BRB
Coverage Ratios BRB Coverage Ratios NFS
set/11218
dez/11237
ago/12182
set/12173
dez/12170
set/11247
dez/11295 ago/12
271
set/12279
dez/12288
Default x Provision (R$ million)
Default Provision
Source: BRB
Source: Central Bank of Brazil and BRB
Coverage Index Default
Dec/2011 Dec/2012 Dec/2011 Dec/2012
NFS 157% 152% 3.57% 3.64%
BRB 125% 169% 4.85% 2.66%
Sept Dec Ago Sept Dec
26
Composition of Funding
16,9%13,2% 12,7% 10,7% 10,7% 11,0% 13,4%
55,1% 59,6% 61,7% 63,2% 64,0% 63,1% 57,3%
5,7%8,1%
8,0% 7,6% 8,0% 8,2%9,4%
20,1%17,9% 16,8% 17,4% 16,4% 16,5% 18,6%
2,2% 1,2% 0,9% 1,1% 0,9% 1,3% 1,3%
0,0%
10,0%
20,0%
30,0%
40,0%
50,0%
60,0%
70,0%
80,0%
90,0%
100,0%
2009 2010 2011 1Q12 2Q12 3Q12 4Q12
Demand Deposits Time Deposits Judicial Deposits Saving Deposits Others
37%
27%
2%
31%
3%
0%
Time Deposits - Distribution
Individuals
Companies
Related Companies
Government of the Federal District
Term Deposit with Special Guarantees
Others
Subordinate Financial Bills + Term Deposit with Special Guarantees
27
R$ Thousand
Source: BRB
81.035
103.000 105.965 108.639
191.885
131.301
4Q 2011 1Q 2012 2Q 2012 3Q 2012 4Q 2012
SFB
TDSG
Equity Capital and ROAE
28
R$ million
Source: BRB
424
581
707
780826
870917
946
28,3%
37,9%
30,0%
12,9%
21,2%
32,8%
20,8%
24,9%
-50,0%
-40,0%
-30,0%
-20,0%
-10,0%
0,0%
10,0%
20,0%
30,0%
40,0%
-100
100
300
500
700
900
1100
1300
1500
2008 2009 2010 2011 1T 12 2T 12 3T 12 4T 12
Equity Capital (R$ million) ROAE
CAGR = 22.2%
ROAE - Brazilian Banks
29
27%
25%
18%19% 19%
18% 18% 17%
14%
6%
8%
-15%
Caixa BRB Pine Banco do Brasil Banrisul Bradesco Daycoval Itaú ABC Brasil Bicbanco Santander Panamericano
13.0%
25.0
BR*
EC**
* BIS Ratio** Equity Capital - in R$ billion
13.4%
0.9
16.2%
1.2
14.8%
66.0
18.7%
4.9
16.1%
70.0
17.4%
2.2
16.7%
74.2
15.9%
1.7
15.8%
1.9
20.8%
65.9
11.7%
2.5
ROAE - Average Brazilian Banks
30
12%
17%
22%
19%
17%
9%
2%
25%
18%19%
18%
14%
6%
-15%
BRB Pine Banrisul Daycoval ABC Brasil Bicbanco Panamericano
BR*
EC**
2011 2012
13.5% 13.4%
0.8 0.9
2011 2012
18.5% 16.2%
1.0 1.2
2011 2012
17.2 18.7%
4.4 4.9
2011 2012
16.5% 17.4%
1.9 2.2
2011 2012
15.6% 15.9%
1.5 1.7
2011 2012
18.1% 15.8%
2.0 1.9
2011 2012
10.23 11.7%
2.2 2.5
* BIS Ratio** Equity Capital - in R$ billion
Diversification of Revenue
31
Fonte: BRB
Revenues by Source
Increase in Participation in Controlled and Related CompaniesIncrease of fee income
59%63% 63%
67% 68% 67%71%
12%
14% 15%11% 10% 10%
5%6%
6% 5% 4% 4% 5% 5%9%
11% 11% 11% 10% 10% 11%0%
0% 0% 2% 2% 2% 2%12%
4% 5% 4% 5% 5% 5%
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%
2009 2010 2011 1Q 2012 2Q 2012 3Q 2012 4Q 2012
Others
Compulsory Investiments
Participation in Controlled and Related Companies
Provision of Services
Fee Income
Securities
Credit Operations
Capital Structure
32
796 838 779 824 868 915 944
79 103 106 109
189793 836 859
927 974 1,024 1,133
2Q11 3Q11 4Q11 1Q12 2Q12 3Q12 4Q12
Tier I Reference Equity
Reference Equity (R$ million)
Source: BRB
Tier II
13%13,80%
15,80%16,40%
13,50% 13,39%
BIS Ratio
Tier I11.16%
Tier II2.23%
Composition of BIS Ratio
R$ million
Gross Result of the Financial Intermediation and NIM
33
561
712
886 846
1,089
20.7% 21.9% 24.2%18.5% 17.9%
-150,0%
-130,0%
-110,0%
-90,0%
-70,0%
-50,0%
-30,0%
-10,0%
10,0%
30,0%
-
200
400
600
800
1.000
1.200
2008 2009 2010 2011 2012
Gross Result of the Financial Intermediation NIMR$ million
Source: BRB
Efficiency Index and Administrative Expenses
34
Source: BRB
265 303 345 446
563
271 302
302
290
326
2008 2009 2010 2011 2012
Other Administrative
Personal Expenses
68%
59%58%
62% 62%
Eficiency Index
106
3.073
102
2.638
103
2.474
99
2.379
100
2.283
Personnel Expenses + Others Administrative Expense
Result of the Financial Intermediation + Revenue from ServicesEfficiency Index =
110Branches
Employees
2013
Net Profit and Return to the Shareholders
35
27.3
9.5
16.8
27.623.6
20.2 21.9
0.0
27.323.9
1ºS08 2ºS08 1ºS09 2ºS09 1ºS10 2ºS10 1ºS11 2ºS11 1ºS12 2ºS12
JCP Total
Net Income Distribution (R$ million)
Sep-0811.57
Sep-0915.17
Sep-1019.27
Sep-1123.11
Dec-1226.06
ma
r/0
8
jun
/08
se
t/0
8
de
z/0
8
ma
r/0
9
jun
/09
se
t/0
9
de
z/0
9
ma
r/1
0
jun
/10
se
t/1
0
de
z/1
0
ma
r/1
1
jun
/11
se
t/1
1
de
z/1
1
ma
r/1
2
jun
/12
se
t/1
2
de
z/1
2
Equity Value per Investments (R$)
Fonte: BRB
100,2 110,3
190,5
4061
40 54
195
49 6242
-57
96
4471
47,5 52,8
215,4
2007 2008 2009 1Q 10 2Q 10 3Q 10 4Q 10 2010 1Q 11 2Q 11 3Q 11 4Q 11 2011 1Q 12 2Q 12 3Q 12 4Q 12 2012
Net Income (R$ million)
Dividendos
Highlights of the Conglomerate
37
Highlights of the Related/Controlled Companies
• The Financing portfolio has increased about 66% in the amount of contracts and 172% in balance in comparison withthe same period in 2011.
• The Public Consigned Credit has increased 1.095% and the Private one has increased 167% in comparison with thesame period in 2011.
• The concentration of credits has been reduced considerably. which means acting in a pulverized manner. In 2011.this concentration represented 36% of the portfolio; while in 2012 the percentual was only 2%.
• In the end of 2012 the clients portfolio was more robust. especially in terms of sales of the segments of carinsurance. life insurance. Capitalization and moneylender.
• The volume administrated by BRB DTVM reached R$ 1.6 billion. with increase of 22% (R$ 270 million) in 2012.
• Emphasis to the growth of 76% in fundrainsing as far as institutional clients are concerned. There has also been asignificant growth in clients. from 18 to 43 in the portfolio. which is significantly higher than it was in 2011. when thegroup increased 36%. meaning 5 new clients.
• The company was established in order to operate in the field of Acquisition of Credit/Debit Cards in partnership withGlobal Payments Inc.
Sustainability
Social-Corporate Sustainability
Partnership with waste recycling NGOs.
Financial Education
Warm Clothes Campaign
Accessibility to the Handicapped
Volunteer Work Campaign.
Social Programs of the Government of the Federal District:
346.862 served beneficiaries;
R$ 54.6 million paid in benefits
39
Contacts
Chief Finance and Investor Relations
Investors Relations - RI
SBS - Quadra 1 - Bloco E - Ed. Brasília – 8th floor70072-900 - Brasília (DF) - BrazilTelephone: (+55 61) 3412-8436
E-mail: [email protected]
Disclaimer - This presentation mentions and makes statements about expectations. planned synergies. growth estimative. projectionof results and future strategies about Banco de Brasília. Though these references and statements may reflect what the administratorsbelieve. they may have some imprecision and some risks which are hard to predict. Therefore. there may be some results orconsequences that differ from those presented here. These expectations are highly dependent on the conditions of market. thegeneral economic performance of the country. sector and the international markets. Banco de Brasília does not take the responsibilityfor updating any estimative in the presentation.
Contacts
41