Balance Ingles Abr 13 copia - Banco Venezolano de Crédito

Balance as of April 30, 2013
(In Bolivars)
www.venezolano.com
Venezolano de Crédito, S.A., Banco Universal, Issued and Paid - in Capital Bs. 330,570,240. Reserves Bs. 1,253,055,655. RIF: J-000029709
Period Ended 04/30/2013
Venezuela´s
Consolidated with
Operations
Foreign Branches
and Offices
4,330,641,597
4,406,046,335
385,425,566
385,722,766
3,503,572,080
3,503,572,080
0
0
62,620,449
137,410,558
0
0
379,023,502
379,340,931
0
0
4,978,790,566
5,507,203,331
Assets
Cash and Due from Banks
Cash
Banco Central de Venezuela
Domestic Banks and Other Financial Institutions
Foreign Banks and Correspondents
Main Office and Branches
Clearing House Funds
(Allowances for Cash and Due from Banks)
Investments Securities
Placements in Banco Central de Venezuela and
Interbanking Transactions
Trading Securities
Available for Sale Securities
Held to Maturity Securities
Restricted Cash Investment
Other Securities
(Allowance for Investment Securities)
Loan Portfolio
Current Loans
Restructured Loans
Past-due Loans
Loans in Litigation
(Allowance for Loan Portfolio)
Interest and Commissions Receivable
Accrued Interest Receivable from Cash and Due From Banks
Accrued Interest Receivable from Investments Securities
Accrued Interest Receivable from Loan Portfolio
Comissions Receivable
Accrued Interest and Comissions Receivable from
Other Accounts Receivable
(Allowance for Accrued Interest Receivable and Other)
Investments in Subsidiaries, Affiliates and Branches
Investments in Subsidiaries and Affiliates
Investments in Branches
(Allowance for Investments in Subsidiaries, Affiliates and Branches)
Foreclosed Assets
Premises and Equipments
Other Assets
Total Assets
1,350,189,000
3,186,882,582
0
0
6,667,193
435,051,791
0
5,826,092,761
5,879,016,860
1,198,566
9,466,904
7,226,761
-70,816,330
94,381,821
0
54,991,123
33,162,584
6,393,664
1,350,189,000
3,186,882,582
0
501,126,755
33,953,203
435,051,791
0
5,826,090,958
5,879,016,860
1,198,566
9,466,904
7,226,761
-70,818,133
95,225,860
0
55,835,162
33,162,584
6,393,664
0
-165,550
75,476,935
0
75,476,935
0
111,111
176,752,462
58,609,291
15,540,856,544
0
-165,550
0
0
0
0
111,111
176,752,462
59,318,874
16,070,748,931
Memorandum Accounts
Contingent Debit Accounts
Trust Assets
Other Trust
Debit Accounts for Other Trust Charges
(Housing Trust Fin Regime de Vivienda y Habitat)
Other Debit Accounts of the Residential Housing
Savings Plan
Other Debit Memorandum Accounts
Other Debit Registration Accounts
Trust Assets
Type of
Trust
Individuals
Investment
Guaranty
Administration
Mixed
Others
Total
691,421,101
3,072,801,965
0
691,421,101
3,072,801,965
0
0
0
0
13,750,423,689
0
0
13,750,536,805
0
Liabilities
Customers’ Deposits
Deposits in Current Accounts
Non-Interest Bearing Current Accounts
Interest Bearing Current Accounts
Current accounts under exchange agreement n° 20
Other Demand Obligations
Obligations in connection with money desk transactions
Savings Deposits
Time Deposits
Securities Issued by the Bank
Restricted Customer´s Deposits
Rights and Participations on Securities
Obligations with Banco Central de Venezuela
Deposits and Obligations with Banco Nacional de
Vivienda y Habitat
Other Borrowings
Obligations with Domestic Financial Institutions due in one year or less
Obligations with Domestic Financial Institutions due over one year
Obligations with Foreign Financial Institutions due in one year or less
Obligations with Foreign Financial Institutions due over one year
Obligations resulting from other borrowings due in one year or less
Obligations resulting from other borrowings due over one year
Other Financial Intermediation Obligations
Interest and Commissions Payable
Accrued Expenses for Customer´s Deposits
Accrued Expenses for Obligations with Banco Central de Venezuela
Accrued Expenses for Deposits and Obligations with
Banco Nacional de Vivienda y Habitat
Accrued Expenses for Other Borrowings
Accrued Expenses for Other Financial Intermediation Obligations
Other Accrued Expenses for Obligations
Accrued Expenses for Subordinated Obligations
Accruals and Other Liabilities
Subordinated Obligations
Other Obligations
Total Liabilities
Operations
Public, State, Municipal
and Central
Administrations
Capital Stock
Paid-in Capital
Obligations Convertible into Shares
Uncapitalized Equity Contributions
Capital Reserves
Adjustment to Stockholders´ Equity
Retained Earnings
Unrealized Gain or Loss on Available for
Sale Securities
(Treasury Stock)
Total Stockholders´ Equity
Total Liabilities and Stockholders´ Equity
Descentralized
Entities and Other
Entities with Special
Regime
0
0
98,276
0
0
0
53,184,561
0 467,644,689
0 2,501,881,347
0
0
0
0
2,298,669 3,020,313,652
0
98,276
0 3,022,710,597
Statement of Published Earnings from Jan 01, 2013 to Apr 30, 2013
0
0
2,646,240
72,655,622
72,389,373
0
0
0
2,646,240
72,671,843
72,405,593
0
0
0
0
0
0
0
266,249
288,199,770
34,540
9,233,032
9,233,032
0
0
1
0
0
0
0
266,249
289,477,477
34,540
9,233,032
9,233,032
0
0
0
0
0
0
260,338,196
0
0
13,754,418,104
202,812,545
0
0
0
0
0
255,347,268
0
0
14,284,310,491
202,812,545
330,570,240
330,570,240
0
0
254,259,788
116,388,472
882,407,395
330,570,240
330,570,240
0
0
254,259,788
116,388,472
882,407,395
0
0
1,583,625,895
15,540,856,544
0
0
1,583,625,895
16,070,748,931
Transferred Investments
Loans to Agricultural Sector
Accumulated Loans to Agricultural Sector
Deposits of Official Entities
Micro Credits
Loans to Tourism Sector in Accordance to the
Legislation in Force
Mortgages in Accordance to the Special Law on
Protection to the Mortgage Creditor
Return on Assets
Loans Granted to Manufacturing Industry
Total
0
0
0
0
0
Financial Income
Cash and Due from Banks
Investments Securities
Loan Portfolio
Other Accounts Receivable
Investments in Subsidiaries, Affiliates and
Branches
Main Office and Branches
Other
Financial Expenses
Customers´ Deposit
Obligations with Banco Central de Venezuela
Deposits and Obligations with Banco
Nacional de Vivienda y Habitat
Other Borrowings
Other Financial Intermediation Obligations
Underlying Obligations
Others Obligations
Main Office and Branches
Other
Gross Financial Margin
Income from Recovery of Financial Assets
Expenses for Uncollectible and Impaired Financial Assets
Uncollectible Loans and Other Accounts Receivable
Allowances and Adjustments
0
67,107,327
20,264,377
0
46,842,950
0
0
0
6,692,673
366,080
366,080
0
Complementary Information
686,961
52,497,600
129,665 467,515,024
1,482,043 2,500,301,028
0
0
0
0
Period Ended 04/30/2013
Venezuela´s
Consolidated with
Operations
Foreign Branches
and Offices
360,855,392
362,149,320
0
1,261
64,395,613
65,688,280
288,829,389
288,829,389
4,984,150
4,984,150
0
67,107,327
20,264,377
0
46,842,950
0
0
0
6,692,673
366,072
366,072
0
Stockholder´s Equity
(Details)
Corporate
Central
Entities Administration
Period Ended 04/30/2013
Venezuela´s
Consolidated with
Operations
Foreign Branches
and Offices
13,419,913,836
13,954,797,143
10,644,204,040
11,030,056,133
6,912,512,783
6,912,512,783
3,731,691,257
4,117,543,350
0
0
895,176,830
896,836,141
0
0
1,855,993,218
1,855,993,218
11,198,740
11,927,707
0
0
13,341,008
159,983,944
0
0
0
0
0
43,621,000
860,994,855
158,921,500
177,366,646
158,144,459
144,252,499
14.35%
500,258,490
(In Bolívars)
Period Ended 04/30/2013
Venezuela´s
Consolidated with
Operations
Foreign Branches
and Offices
279,001,278
280,278,985
282,603,347
283,386,443
28,974,038
30,291,097
532,630,587
533,374,331
291,413,762
291,864,022
140,715,055
140,816,946
91,348,736
91,697,105
Net Financial Margin
Other Operating Income
Other Operating Expenses
Financial Intermediation Margin
Less-Operating Expenses
Personnel
General and Administrative
Contributions to Fondo de Garantía de Depositos y
Protección Bancaria
Contributions to Superintendencia de Bancos y Otras
Instituciones Financieras
Gross Operating Margin
Income from Foreclosed Assets
Income from Special Programs
Miscellaneous Operating Income
Expenses for Foreclosed Assets
Expenses for Depreciation, Amortization and Impaired
Miscellaneous Assets
Miscellaneous Operating Expenses
Net Operating Margin
Extraordinary Income
Extraordinary Expenses
Gross Income Before Income Taxes
Income Taxes
Net Income
54,508,480
54,508,480
4,841,491
241,216,825
447,972
0
1,564,621
62,427
4,841,491
241,510,309
447,972
0
1,577,287
62,427
0
39,849,446
203,317,545
0
505,000
202,812,545
0
202,812,545
0
40,155,596
203,317,545
0
505,000
202,812,545
0
202,812,545
Financial Ratios
1. Stockholders´ Equity
(Stockholders´ Equity
+ Operations)
1.1
x 100 = 11.50
Total Assets
1.2
Non-Yielding Assets
x 100 = 261.81
(Stockholders´ Equity
+ Operations)
2. Banking Solvency and Assets´ Quality
Allowance for Investment
Securities
2.1
x 100 = 1.20
Gross Loan Portfolio
2.2
Gross Immobilized Portfolio
x 100 = 0.28
Gross Loan Portfolio
3. Management
3.1
3.2
(Personnel Expenses +
Operating Expenses)
Average Yielding Asset
(Personnel Expenses +
Operating Expenses)
Financial Income
4. Profitability
x 100 = 8.03
4.1
x 100 = 64.31
4.2
Net Income
Average Asset
5. Liquidity
x 100 = 4.22
Net Income
x 100 = 39.25
Average Stockholder´s
Equity
Current Assets
x 100 = 32.27
Deposits from the Public
(Current Assets+Investments in
Negotiable Instruments)
5.2
x 100 = 69.37
Customer´s Deposits
5.1
Management Board
President
Oscar García Mendoza
Principal Directors
José Rafael Lovera
Rafael Alfonzo Hernández
José Manuel Velutini
Jorge Almándoz Marte
Olga M. Berrizbeitia Pérez
Ramón Abascal Alvarez
Alternate Directors
Pablo Morales R.
Agustín Gabaldón
José Pío Hernández
Jorge Nevett Gimón
Germán García-Velutini
Joaquín Urbano Berrizbeitia
Luisa Urbano Berrizbeitia
Principal Commissaires
Aura Elena Agüero
Adriana Rojo
Alternate Commissaires
Alice Aguilar
Maigualida Cisneros
Joaquín Urbano Berrizbeitia
President (E)
Branches and Service Offices: Caracas - Venezolano de Crédito Casa Matriz: Urb. San Bernardino, Av. Alameda, Edif. Venezolano de Crédito, P.B. Telf.
806.6111. Oficina Centro: Sur 2, Nº 7, Monjas a San Francisco. Sucursales: La Trinidad Centro Comercial Sorocaima, Av. La Trinidad con Calle San Miguel.
Bello Monte Res. Balpeca, Esquina Calles Las Ciencias y Edison. Chacao Edif. EXA, Av. Libertador. El Paraiso Centro Plaza Páez. San Luis Centro Comercial
San Luis. Mata de Coco Centro Comercial Mata de Coco. San Bernardino Av. Vollmer, Edif. C.A. La Electricidad de Caracas. Galerías Bolívar Boulevard de
Sabana Grande. Las Mercedes Edif. BVC, Calle Londres. Mene Grande Av. Francisco de Miranda, Edif. Mene Grande. Sebucan Av. Rómulo Gallegos, Edif. Las
Américas, Locales A, B y C. La Lagunita Av. Sur, Zona B. Av. Libertador Centro Comercial Av. Libertador, entre C. Negrín y Av. Libertador, Nivel P2. Prados del
Este Av. Paseo, Centro Comercial El Morichal. La Estancia Av. La Estancia Edif. Torre Diamen, Chuao. Los Ruices Av Ppal. de Los Ruices cruce con 1ª Transv.,
Edif. Principal. La Urbina Calle 10, Edif. Anauco. Guarenas Centro Comercial Buenaventura, Av. Intercomunal Guarenas-Guatire. Av. Urdaneta entre Punceres y
Plaza España. La Florida Av. Andrés Bello, Res. Lido, P.B. Los Palos Grandes Av. Andrés Bello, con 4ª Tranvs. Boleíta Av. Rómulo Gallegos, C/C Las Palmas,
Local 3, Centro Gerencial Los Andes. Cumbres de Curumo C.C. Cumbres de Curumo, P.B. El Rosal Av. Francisco de Miranda, Av. Tamanaco con C. Mohedano,
Centro Seguros Sud América, P.B.-M. La Castellana Edif. Centro Letonia, Torre ING Bank, Av. Eugenio Mendoza y San Felipe, La Castellana. Carrizal Centro
Médico Docente Los Altos. EPA San Martín Av. San Martín, Urb. Industrial San Martín. EPA Los Ruices Calle A, Zona Industrial Los Ruices. Los Naranjos Av. El
Paují, C.C. Galerías Los Naranjos, Nivel Plaza. Macaracuay C.C. Macaracuay Plaza, Nivel C-2. Excelsior Gama Plus Santa Eduvigis. Centro Expreso C.C.
Expreso, Chacaíto. Excelsior Gama Santa Fe C.C. Santa Fe. Centro Expreso Baruta. Santa Paula Av. Circunvalación del Sol, Edif. Santa Paula Plaza I, P.B.
Interior: Valencia Av. Bolívar, Edif. 109-18. Barquisimeto Carrera 19, entre 14 y 15. San Cristóbal C.C. Boulevard Pirineos, P.B. Maracaibo Av. Bella Vista con
C. 76. Puerto Ordaz C. Guri cruce con C. Cuchivero. Ciudad Ojeda Carretera N con Av. Intercomunal, frente al Centro Médico Lagunillas. El Tigre Av.
Intercomunal El Tigre, San José de Guanipa. Maturín Av. Bolívar con C. 4, Nº 30. Maracaibo Zona Industrial Edif. Wilera I, Nº 115-130, P.B., Circunvalación Nº 2.
César A, Briceño López
Secretary
María Susana Rodríguez
Controller
Vicente A. Alvis Salas
Accountant
Jorge E. Santamaria M.
Auditor
Valencia Zona Industrial Av. Henry Ford, C.C. Boulevard Industrial Municipal. Anaco Sector Noreste del Parcelamiento Anaco, entre Av. Lara y Av. José Antonio
Anzoátegui. Barquisimeto (Los Leones) Av. Los Leones con C. Madrid, dentro de la Policlínica Barquisimeto, Edo. Lara. Valencia El Viñedo Boulevard Los
Naranjos, Urb. El Viñedo. Maracay Las Delicias Urb. Base Aragua, Av. Gral. Páez con 2ª Tranvs. La Victoria C.C. Ciudad Morichal entre Av. La Victoria y Av. El
Peaje. EPA Turmero Av. Intercomunal de Turmero, Edo. Aragua. Puerto La Cruz Las Garzas Torre BVC entre Intercomunal A. Bello y A. Vespucio. Makro Mérida
Av. Centenario, Mérida. Makro Charallave Av. Intercomunal de Charallave, Sector Paseo Real. Punto Fijo Edif. Sede Telcel, Av. Pumarosa con C. José L.
Chirinos, Edo. Falcón. Makro El Tigre Av. Intercomunal El Tigre-El Tigrito, Edo. Anzoátegui. Makro Paraguaná Carretera Los Taques, Sector El Taparo, Punto Fijo,
Edo. Falcón. EPA La Granja C.C. La Granja, Av. Universidad, Valencia. Porlamar C.C. Rattan Plaza, Edo. Nueva Esparta. Makro Valera Autopista Valera, Edo.
Trujillo. Makro Barinas Edo. Barinas. Makro El Vigía Carretera Panamericana, Edo. Mérida. Makro Valle de La Pascua Av. Rómulo Gallegos, Edo. Guárico.
Makro Porlamar Av. Francisco Fajardo, Vía El Valle, Edo. Nueva Esparta. Cagua C. Sabana Larga con C. Cagigal, C.C. Trinidad Plaza. Mérida Av. Andrés Bello,
C.C. Europlaza, Urb. Las Delicias. Makro Acarigua Av. Vencedores de Araure, Edo. Portuguesa. Makro Cumaná Av. Rotaria con Av. Carúpano. Makro
Barquisimeto Av. Las Industrias. Makro Valencia entre Dist. San Diego y San Blas. Makro Vargas Av. Fuerzas Armadas, Aeropuerto Internacional Simón Bolívar.
Febeca DD, Valencia. Makro Maracay Sector Los Samanes, Municipio Girardot. Makro San Felipe Av. Intercomunal San Felipe. Makro Naguanagua Av.
Colectora, Terrazas de Naguanagua. Barquisimeto Parque Real Av. Los Leones, Centro Comercial Parque Real, Barquisimeto. Maracaibo Norte Av. Milagro
Norte, C.C. Lago Norte, Maracaibo.
In Company Branches: Procter & Gamble, Sorokaima. Procter & Gamble, Barquisimeto. Procter & Gamble, Guatire. Hewlett Packard, Los Palos Grandes.
Alimentos Kellogg´s, Maracay. Telcel, Caracas. Parmalat, Caracas. Sincor Jose, Anzoátegui. El Universal, Caracas. Johnson&Johnson, Caracas. Sincor,
Pariaguán. Bigott, Los Dos Caminos. Bayer, El Rosal. Leopoldo Aguerrevere, Caracas. Río Turbio, Barquisimeto. Febeca, Valencia.
Abroad: 1st Floor, Windward 1, Regatta Office Park. P.O.Box 10338, Grand Cayman KY1-1003, Cayman Islands.

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