XML 65 R20.htm IDEA: XBRL DOCUMENT
v3.20.1

Goodwill and Intangible assets | 12 Months Ended
--- | ---
Dec. 31, 2019
Text Block [Abstract] |
Goodwill and Intangible assets | Note 14 - Goodwill and Intangible assets
|  |  |  |  | Intangible assets (1) |  |  |  |
|  | Goodwill and intangible from acquisition |  |  | Association for the promotion and offer of financial products and services |  |  | Software Acquired |  |  | Internally developed software |  |  | Other intangible assets (2) |  |  | Total |
Annual amortization rates |  |  |  |  |  |  | 8 | % |  |  | 20 | % |  |  | 20 | % |  |  | 10 to 20 | % |  |  |  |
Cost |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Balance at 12/31/2018 |  |  | 11,464 |  |  |  | 2,529 |  |  |  | 5,247 |  |  |  | 4,529 |  |  |  | 2,360 |  |  |  | 26,129 |
Acquisitions |  |  | — |  |  |  | — |  |  |  | 789 |  |  |  | 1,187 |  |  |  | 715 |  |  |  | 2,691 |
Rescissions / derecognition |  |  | (26 | ) |  |  | (4 | ) |  |  | (93 | ) |  |  | — |  |  |  | (130 | ) |  |  | (253 | )
Exchange variation |  |  | (285 | ) |  |  | 22 |  |  |  | (84 | ) |  |  | — |  |  |  | 6 |  |  |  | (341 | )
Other (4) |  |  | 5 |  |  |  | (29 | ) |  |  | 40 |  |  |  | — |  |  |  | 20 |  |  |  | 36 |
Balance at 12/31/2019 |  |  | 11,158 |  |  |  | 2,518 |  |  |  | 5,899 |  |  |  | 5,716 |  |  |  | 2,971 |  |  |  | 28,262 |
Amortization |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Balance at 12/31/2018 |  |  | (26 | ) |  |  | (867 | ) |  |  | (2,501 | ) |  |  | (1,823 | ) |  |  | (1,015 | ) |  |  | (6,232 | )
Amortization expense (3) |  |  | — |  |  |  | (218 | ) |  |  | (675 | ) |  |  | (674 | ) |  |  | (332 | ) |  |  | (1,899 | )
Rescissions / derecognition |  |  | 26 |  |  |  | 4 |  |  |  | 28 |  |  |  | — |  |  |  | 130 |  |  |  | 188 |
Exchange variation |  |  | — |  |  |  | (5 | ) |  |  | 45 |  |  |  | — |  |  |  | (13 | ) |  |  | 27 |
Other (4) |  |  | — |  |  |  | 29 |  |  |  | (103 | ) |  |  | — |  |  |  | (12 | ) |  |  | (86 | )
Balance at 12/31/2019 |  |  | — |  |  |  | (1,057 | ) |  |  | (3,206 | ) |  |  | (2,497 | ) |  |  | (1,242 | ) |  |  | (8,002 | )
Impairment (Note 2.4h) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Balance at 12/31/2018 |  |  | — |  |  |  | — |  |  |  | (225 | ) |  |  | (343 | ) |  |  | — |  |  |  | (568 | )
Increase |  |  | — |  |  |  | — |  |  |  | (4 | ) |  |  | (27 | ) |  |  | — |  |  |  | (31 | )
Derecognition |  |  | — |  |  |  | — |  |  |  | 58 |  |  |  | — |  |  |  | — |  |  |  | 58 |
Balance at 12/31/2019 |  |  | — |  |  |  | — |  |  |  | (171 | ) |  |  | (370 | ) |  |  | — |  |  |  | (541 | )
Book value |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Balance at 12/31/2019 |  |  | 11,158 |  |  |  | 1,461 |  |  |  | 2,522 |  |  |  | 2,849 |  |  |  | 1,729 |  |  |  | 19,719 |
(1) | The contractual commitments for the purchase of the new intangible assets totaled R$ 273 achievable by 2020.
(2) | Includes amounts paid for acquisition of rights to provide services of payment of salaries, proceeds, retirement and pension benefits and similar benefits.
(3) | Amortization expenses related to the rights for acquisition of payrolls and associations, in the amount of R$ (519) (R$ (452) from 01/01 to 12/31/2018) are disclosed in the General and administrative expenses.
(4) | Includes the total amount of R$ 3 related to the hyperinflationary adjustment for Argentina.
|  |  |  |  | Intangible assets (1) |  |  |  |
|  | Goodwill and intangible from acquisition |  |  | Association for the promotion and offer of financial products and services |  |  | Software Acquired |  |  | Internally developed software |  |  | Other intangible assets (2) |  |  | Total |
Annual amortization rates |  |  |  |  |  |  | 8% |  |  |  | 20% |  |  |  | 20% |  |  |  | 10 to 20% |  |  |  |  |
Cost |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Balance at 12/31/2017 |  |  | 11,162 |  |  |  | 2,452 |  |  |  | 4,571 |  |  |  | 4,353 |  |  |  | 2,161 |  |  |  | 24,699 |
Acquisitions |  |  | 8 |  |  |  | 1 |  |  |  | 646 |  |  |  | 318 |  |  |  | 408 |  |  |  | 1,381 |
Rescissions / derecognition |  |  | — |  |  |  | (27 | ) |  |  | (312 | ) |  |  | (189 | ) |  |  | (210 | ) |  |  | (738 | )
Exchange variation |  |  | 560 |  |  |  | 47 |  |  |  | 205 |  |  |  | — |  |  |  | (4 | ) |  |  | 808 |
Other (4) |  |  | (266 | ) |  |  | 56 |  |  |  | 137 |  |  |  | 47 |  |  |  | 5 |  |  |  | (21 | )
Balance at 12/31/2018 |  |  | 11,464 |  |  |  | 2,529 |  |  |  | 5,247 |  |  |  | 4,529 |  |  |  | 2,360 |  |  |  | 26,129 |
Amortization |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Balance at 12/31/2017 |  |  | (23 | ) |  |  | (647 | ) |  |  | (1,998 | ) |  |  | (1,267 | ) |  |  | (984 | ) |  |  | (4,919 | )
Amortization expense (3) |  |  | — |  |  |  | (223 | ) |  |  | (596 | ) |  |  | (697 | ) |  |  | (261 | ) |  |  | (1,777 | )
Rescissions / derecognition |  |  | — |  |  |  | 27 |  |  |  | 312 |  |  |  | 154 |  |  |  | 210 |  |  |  | 703 |
Exchange variation |  |  | — |  |  |  | (141 | ) |  |  | (152 | ) |  |  | — |  |  |  | 16 |  |  |  | (277 | )
Other (4) |  |  | (3 | ) |  |  | 117 |  |  |  | (67 | ) |  |  | (13 | ) |  |  | 4 |  |  |  | 38 |
Balance at 12/31/2018 |  |  | (26 | ) |  |  | (867 | ) |  |  | (2,501 | ) |  |  | (1,823 | ) |  |  | (1,015 | ) |  |  | (6,232 | )
Impairment (Note 2.4h) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Balance at 12/31/2017 |  |  | — |  |  |  | — |  |  |  | (54 | ) |  |  | (343 | ) |  |  | — |  |  |  | (397 | )
Incresase |  |  | — |  |  |  | — |  |  |  | (167 | ) |  |  | — |  |  |  | — |  |  |  | (167 | )
Exchange variation |  |  | — |  |  |  | — |  |  |  | (4 | ) |  |  | — |  |  |  | — |  |  |  | (4 | )
Balance at 12/31/2018 |  |  | — |  |  |  | — |  |  |  | (225 | ) |  |  | (343 | ) |  |  | — |  |  |  | (568 | )
Book value |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Balance at 12/31/2018 |  |  | 11,438 |  |  |  | 1,662 |  |  |  | 2,521 |  |  |  | 2,363 |  |  |  | 1,345 |  |  |  | 19,329 |
(1) | The contractual commitments for the purchase of the new intangible assets totaled R$ 637 achievable by 2020.
(2) | Includes amounts paid for acquisition of rights to provide services of payment of salaries, proceeds, retirement and pension benefits and similar benefits.
(3) | Amortization expenses related to the rights for acquisition of payrolls and associations, in the amount of R$ (452) (R$ (487) from 01/01 to 12/31/2017) are disclosed in the General and administrative expenses.
(4) | Includes the total amount of R$ 31 related to the hyperinflationary adjustment for Argentina.

X
- Definition The disclosure of intangible assets and goodwill. [Refer: Intangible assets and goodwill] + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name IAS -Number 1 -IssueDate 2019-01-01 -Paragraph 10 -Subparagraph e -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=1&code=ifrs-tx-2019-en-r&anchor=para_10_e&doctype=Standard -URIDate 2019-03-27 + Details
Name: | ifrs-full_DisclosureOfIntangibleAssetsAndGoodwillExplanatory
Namespace Prefix: | ifrs-full_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | itub_TextblockAbstract
Namespace Prefix: | itub_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration