Quarterly Financial Report

Transcription

1 Quarterly Financial Report March 31, 2011

2 Table of Contents I. Financial Statements 1 Balance Sheet Income Statements II. Main Financial Ratios 2 III. Details of Loan Portfolio 3 IV. Details of Paidin Capital 5 For further information, please visit our web site at: Contacts : Gabriel Felpeto Ph (58212) gfelpeto@caf.com Antonio Recine Ph (58212) arecine@caf.com Fabiola Briceno Ph (58212) fbriceno@caf.com Manuel Valdez Ph (58212) mvaldez@caf.com DISCLAIMER THE FOLLOWING FINANCIAL STATEMENTS FOR THE PERIOD STATED THEREIN ARE FOR GENERAL INFORMATION PURPOSES ONLY. THE AFOREMENTIONED STATEMENTS HAVE NOT BEEN INDEPENDENTLY AUDITED NOR APPROVED BY CORPORACIÓN ANDINA DE FOMENTO S BOARD OF DIRECTORS. AS SUCH, SAID FINANCIAL STATEMENTS MAY MATERIALLY CHANGE. CORPORACIÓN ANDINA DE FOMENTO ( CAF ) DOES NOT EXPRESS ANY OPINION AS TO THE STATEMENTS THEMSELVES OR THE RESULTS THEREIN. ADDITIONALLY, CAF DOES NOT GUARANTE IN ANY MANNER THE ACCURACY OF THE CONTENTS THEREIN AND DOES NOT TAKE ANY RESPONSIBILITY FOR THEIR USE. NOTHING IN THIS DOCUMENT SHALL BE INTERPRETED AS A WAIVER OF THE IMMUNITIES AND PRIVILEGES GRANTED TO CAF BY ANY OF ITS SHAREHOLDER COUNTRIES.

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4 I. Financial Statements (unaudited) Balance Sheet (In thousands of US$) March 31, Assets Liquidity Loan portfolio Allowance for losses Equity investments Other assets Assets Liabilities Deposits received Securities sold under repurchase agreements Commercial paper Advances and shortterm loans Bonds Borrowings and other obligations Other liabilities Liabilities Stockholders' Equity Paidin capital (authorized capital US$ 10,000 millions) Reserves Retained earnings and other Stockholders' Equity Liabilities and Stockholders' Equity Income Statement (In thousands of US$) For the three months ended March 31, Income Interest Other Income Expenses Interest Provisions Administrative Other Expenses Innefectiveness arising from fair value hedges and other changes in fair value Net Income CAF s Quarterly Financial Report 1

5 II. Main Financial Ratios (based on unaudited interim figures) As of March 31, Profitability ROA 0,6% 1,0% ROE 1,9% 3,0% Net Interest Margin 1,2% 1,3% Asset Quality Overdue Loans (thousands of US$) 0 0 Nonaccrual loans (thousands of US$) 0 0 Overdues /Loan portfolio 0,0% 0,0% NonAccruals / Loan Portfolio 0,0% 0,0% Allowance/Loan portfolio 1,0% 1,2% Loans writtenoff in the year (thousands of US$) 0 0 Capitalization Gearing (times) 2,6 2,3 Leverage (times) 2,4 2,1 Liquidity Liquid Assets/ Financial Liabilities 32,1% 35,0% Liquid Assets / Assets 22,3% 23,2% CAF s Quarterly Financial Report 2

6 III. Details of Loan Portfolio Loan portfolio distribution by country (in US$ thousands): Argentina Bolivia Brazil Colombia Dominican Republic Costa Rica Ecuador Jamaica Mexico Panama Paraguay Peru Uruguay Venezuela Adjustment* As of March 31, As of December 31, , * Fair value adjustment on hedging activities Loan portfolio by country as of March 31, 2011 Dominicann Republic 0,8% Colombia 13,2% Costa Rica 1,0% Ecuador 16, 9% Mexico Jamaica 0,1% Pana ama 0,0% 1,3% Paraguay 0,5% Peru 16,8% Uruguay 4, 6% Brazil 8,8% Bolivia 8,7% Argentina 10,3% Venezuela 16,7% CAF s Quarterly Financial Report 3

7 Loan portfolio distribution by institutional sector (in US$ thousands): As of March 31, As of December 31, Public Sector Private Sector Adjustment* , * Fair value adjustment on hedging activities Loan portfolio by institutional sector as of March 31, 2011 Private Sector 22% Public Sector 78% CAF s Quarterly Financial Report 4

8 IV. Details of Paidin Capital Paidin Capital as of March 31, 2011 (in US$ thousands): Stockholders Argentina Bolivia Brazil Colombia Ecuador Panama Peru Uruguay Venezuela Chile Costa Rica Dominican Republic Jamaica Mexico Paraguay Portugal Spain Trinidad & Tobagoo Commercial Banks ORDINARY CAPITAL Series "A" Series "B" Series "C" Ordinary % 9, 3% 5, 8% 7, 0% , 3% , 8% 1, 6% , 4% , 4% , 4% , 8% , 5% , 1% , 0% , 7% , 7% , 1% , 2% , 9% , 1% % Paidin capital as of March 31, 2011 Uruguay 2,4% Venezuela 20,4% Spain 3,2% Others 5,5% Argentina 9,3% Bolivia 5,8% Peru 20,4% Brazil 7,0% Ecuador 5,8% Colombia 20,3% CAF s Quarterly Financial Report 5