Quarterly Financial Report

Transcription

1 Quarterly Financial Report June 30, 2017

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 Paid-in Capital 5 For further information, please visit our web site at: Contacts : Gabriel Felpeto Tel: +57 (1) gfelpeto@caf.com Antonio Recine Tel: +57 (1) arecine@caf.com Janet Rea Tel.: +57 (1) jrea@caf.com Thais Aponte Tel.: +57 (1) taponte@caf.com Isabella Grisanti Tel: +58 (212) igrisanti@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.

3 I. Financial Statements (unaudited) Balance Sheet (In thousands of US$) June 30, Assets Liquidity Loan portfolio Allowance for losses Equity investments Other assets Total Assets Liabilities Deposits received Commercial paper Bonds Borrowings and other obligations Other liabilities Total Liabilities Stockholders' Equity Paid-in capital (includes additional paid-in capital) Reserves Retained earnings and other Total Stockholders' Equity Total Liabilities and Stockholders' Equity Income Statement (In thousands of US$) For the six months ended June 30, Income Interest Other Total Income Expenses Interest Provisions Administrative Other Total Expenses Operating income Innefectiveness arising from fair value hedges and other changes in fair value Contributions to Stockholders Special Funds Net Income CAF s Quarterly Financial Report 1

4 II. Main Financial Ratios (based on unaudited interim figures) As of June 30, Profitability ROA 0,45% 0,73% ROE 1,54% 2,47% Net Interest Margin 1,06% 1,21% Asset Quality Overdue Loans (thousands of US$) 7.515, ,0 Non-accrual loans (thousands of US$) , ,0 Overdues /Loan portfolio 0,03% 0,0% Non-Accruals / Loan Portfolio 0,50% 0,49% Allowance/Loan portfolio 0,32% 0,27% Loans written-off in the period (thousands of US$) , ,0 Capitalization Gearing (times) 2,2 2,2 Leverage (times) 2,3 2,4 Liquidity Liquid Assets/ Financial Liabilities 51,6% 49,2% Liquid Assets / Total Assets 34,9% 33,8% CAF s Quarterly Financial Report 2

5 Details of Loan Portfolio Loan portfolio distribution by country (in US$ thousands): As of June 30, As of December 31, Argentina Barbados Bolivia Brazil Chile Colombia Costa Rica Dominican Republic Ecuador Jamaica Mexico Panama Paraguay Peru Portugal Spain Uruguay Venezuela Total Adjustment* Total * Fair value adjustment on hedging activities Loan portfolio by country as of June 30, 2017 Paraguay 1,6% Panama 6,0% Mexico 0,4% Jamaica 0,0% Ecuador 15,1% Portugal Uruguay 0,0% Spain 4,6% 0,1% Dominican Republic 1,0% Peru 9,3% Costa Rica 0,5% Colombia 11,1% Venezuela 14,6% Chile 0,6% Argentina 12,8% Barbados 0,4% Brazil 11,2% Bolivia 10,6% CAF s Quarterly Financial Report 3

6 Loan portfolio distribution by institutional sector (in US$ thousands): As of June 30, As of December 31, Public Sector Private Sector Total Adjustment* Total * Fair value adjustment on hedging activities Loan portfolio by institutional sector as of June 30, 2017 Private Sector 18% Public Sector 82% CAF s Quarterly Financial Report 4

7 III. Details of Paid-in Capital Paid-in Capital as of June 30, 2017 (in US$ thousands): ORDINARY CAPITAL Stockholders Series "A" Series "B" Series "C" Total Ordinary % Argentina ,2% Bolivia ,2% Brazil ,9% Colombia ,6% Ecuador ,2% Panama ,5% Paraguay ,5% Peru ,4% Trinidad & Tobago ,5% Uruguay ,9% Venezuela ,5% Barbados ,4% Chile ,6% Costa Rica ,3% Dominican Republic ,8% Jamaica ,0% Mexico ,2% Portugal ,2% Spain ,1% Commercial Banks ,0% Total % Paid -in capital as of June 30, 2017 Venezuela 17,5% Spain 4,1% Trinidad and Tobago 2,5% Others 3,5% Argentina 9,2% Bolivia 5,2% Brazil 8,9% Uruguay 2,9% Paraguay 2,5% Panama 2,5% Peru 18,4% Ecuador 5,2% Colombia 17,6% CAF s Quarterly Financial Report 5