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Related parties | 12 Months Ended
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Dec. 31, 2021
Text Block [Abstract] |
Related parties | Note 31 – Related parties Transactions between related parties are carried out for amounts, terms and average rates in accordance with normal market practices during the period, and under reciprocal conditions. Transactions between companies and investment funds, included in consolidation (note 2.4a), have been eliminated and do not affect the consolidated statements. The principal unconsolidated related parties are as follows:
| • |  | Itaú Unibanco Participações S.A. (IUPAR), Companhia E. Johnston de Participações S.A. (shareholder of IUPAR) and ITAÚSA, direct and indirect shareholders of ITAÚ UNIBANCO HOLDING.
| • |  | The associates, non-financial subsidiaries and joint ventures of ITAÚSA, in particular Dexco S.A. (1) , Copagaz – Distribuidora de Gás S.A., Aegea Saneamento e Participações S.A., Águas do Rio 1 SPE S.A., Águas do Rio 4 SPE S.A., Alpargatas S.A. and XP Inc. (Note 3).
| • |  | Investments in associates and joint ventures, in particular Porto Seguro Itaú Unibanco Participações S.A., BSF Holding S.A. and XP Inc. (Note 3).
| • |  | Pension Plans: Fundação Itaú Unibanco – Previdência Complementar and FUNBEP – Fundo de Pensão Multipatrocinado, closed-end supplementary pension entities, that administer retirement plans sponsored by ITAÚ UNIBANCO HOLDING, created exclusively for employees.
| • |  | Associations: Associação Cubo Coworking Itaú – a partner entity of ITAÚ UNIBANCO HOLDING its purpose is to encourage and promote the discussion and development of alternative and innovative technologies, business models and solutions; the produce and disseminate the resulting technical and scientific knowledge; the attract and bring in new information technology talents that may be characterized as startups; and to research, develop and establish ecosystems for entrepreneur and startups.
| • |  | Foundations and Institutes maintained by donations from ITAÚ UNIBANCO HOLDING and by the proceeds generated by their assets, so that they can accomplish their objectives and to maintain their operational and administrative structure:
Fundação Itaú para a Educação e Cultura – promotes education, culture, social assistance, defense and guarantee of rights, and strengthening of civil society. Instituto Unibanco – supports projects focused on social assistance, particularly education, culture, promotion of integration into the labor market, and environmental protection, directly or as a supplement to civil institutions. Instituto Unibanco de Cinema – promotes culture in general and provides access of low-income population to cinematography, videography and similar productions, for which it should maintain movie theaters and movie clubs owned or managed by itself to screen films, videos, video-laser discs and other related activities, as well as to screen and disseminate movies in general, especially those produced in Brazil. Associação Itaú Viver Mais – provides social services for the welfare of beneficiaries, on the terms defined in its Internal Regulations, and according to the funds available. These services may include the promotion of cultural, educational, sports, entertainment and healthcare activities. (1) New legal name of Duratex S.A. a) Transactions with related parties:
|  | ITAÚ UNIBANCO HOLDING |
|  | Annual rate |  | Assets / (Liabilities) |  |  | Revenues / (Expenses) |
|  | 12/31/2021 |  |  | 12/31/2020 |  |  | 01/01 to 12/31/2021 |  |  | 01/01 to 12/31/2020 |  |  | 01/01 to 12/31/2019 |
Interbank investments |  |  |  |  | 2,301 |  |  |  | 18,539 |  |  |  | 84 |  |  |  | 63 |  |  |  | 58 |
Other |  | 9.15% |  |  | 2,301 |  |  |  | 18,539 |  |  |  | 84 |  |  |  | 63 |  |  |  | 58 |
Loan operations |  |  |  |  | 654 |  |  |  | 727 |  |  |  | 35 |  |  |  | 56 |  |  |  | 6 |
Dexco S.A. |  | CDI + 1.45 % |  |  | 546 |  |  |  | 515 |  |  |  | 31 |  |  |  | 19 |  |  |  | — |
Other |  | 100% CDI /2.5% to 6% |  |  | 108 |  |  |  | 212 |  |  |  | 4 |  |  |  | 37 |  |  |  | 6 |
Securities and derivative financial instruments (assets and liabilities) |  |  |  |  | 5,397 |  |  |  | 1,716 |  |  |  | 303 |  |  |  | 6 |  |  |  | — |
Investment funds |  |  |  |  | 183 |  |  |  | 107 |  |  |  | 34 |  |  |  | 14 |  |  |  | — |
Copagaz – Distribuidora de Gás S.A. |  | CDI + 1.7% to 2.95% |  |  | 1,082 |  |  |  | 950 |  |  |  | 71 |  |  |  | 1 |  |  |  | — |
Itaúsa S.A. |  | CDI + 2% to 2.4% |  |  | 1,200 |  |  |  | 771 |  |  |  | 74 |  |  |  | 1 |  |  |  | — |
Águas do Rio 4 SPE S.A. |  | CDI + 3.5% |  |  | 1,574 |  |  |  | — |  |  |  | 60 |  |  |  | — |  |  |  | — |
Aegea Saneamento e Participações S.A. |  | CDI + 1.5% to 2.9% |  |  | 844 |  |  |  | — |  |  |  | 34 |  |  |  | — |  |  |  | — |
Other |  | CDI + 3.5% |  |  | 514 |  |  |  | (112 | ) |  |  | 30 |  |  |  | (10 | ) |  |  | — |
Deposits |  |  |  |  | — |  |  |  | — |  |  |  | (2 | ) |  |  | (1 | ) |  |  | (1 | )
Other |  |  |  |  | — |  |  |  | — |  |  |  | (2 | ) |  |  | (1 | ) |  |  | (1 | )
Deposits received under securities repurchase agreements |  |  |  |  | (443 | ) |  |  | (165 | ) |  |  | (34 | ) |  |  | (13 | ) |  |  | (14 | )
Alpargatas S.A. |  | 99% to 101% CDI |  |  | (22 | ) |  |  | (107 | ) |  |  | (1 | ) |  |  | (11 | ) |  |  | — |
Dexco S.A. |  | 82% to 99% CDI |  |  | (15 | ) |  |  | (49 | ) |  |  | (1 | ) |  |  | (2 | ) |  |  | (2 | )
Águas do Rio 4 SPE S.A. |  | 99% CDI |  |  | (32 | ) |  |  | — |  |  |  | (3 | ) |  |  | — |  |  |  | — |
Águas do Rio 1 SPE S.A. |  | 99% CDI |  |  | (13 | ) |  |  | — |  |  |  | (1 | ) |  |  | — |  |  |  | — |
Aegea Saneamento e Participações S.A. |  | 97% to 99.3% CDI |  |  | (158 | ) |  |  | — |  |  |  | (5 | ) |  |  | — |  |  |  | — |
Other |  | 75% to 96% CDI |  |  | (203 | ) |  |  | (9 | ) |  |  | (23 | ) |  |  | — |  |  |  | (12 | )
Amounts receivable (payable) / Commissions and/or Other General and Administrative expenses |  |  |  |  | (273 | ) |  |  | (26 | ) |  |  | (122 | ) |  |  | 26 |  |  |  | 3 |
Instituto Unibanco |  |  |  |  | — |  |  |  | 123 |  |  |  | 3 |  |  |  | 3 |  |  |  | — |
Fundação Itaú Unibanco – Previdência Complementar |  |  |  |  | (78 | ) |  |  | (93 | ) |  |  | 37 |  |  |  | 42 |  |  |  | 43 |
ConectCar Soluções de Mobilidade Eletrônica S.A. |  |  |  |  | (8 | ) |  |  | (46 | ) |  |  | (4 | ) |  |  | 7 |  |  |  | 7 |
Olímpia Promoção e Serviços S.A. |  |  |  |  | (5 | ) |  |  | (9 | ) |  |  | — |  |  |  | (45 | ) |  |  | (31 | )
FUNBEP—Fundo de Pensão Multipatrocinado |  |  |  |  | (158 | ) |  |  | (1 | ) |  |  | (172 | ) |  |  | 7 |  |  |  | 7 |
Itaúsa S.A. |  |  |  |  | (10 | ) |  |  | 1 |  |  |  | 13 |  |  |  | 12 |  |  |  | (28 | )
Águas do Rio 4 SPE S.A. |  |  |  |  | (20 | ) |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Águas do Rio 1 SPE S.A. |  |  |  |  | (12 | ) |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Other |  |  |  |  | 18 |  |  |  | (1 | ) |  |  | 1 |  |  |  | — |  |  |  | 5 |
Rent |  |  |  |  | — |  |  |  | — |  |  |  | (37 | ) |  |  | (31 | ) |  |  | (39 | )
Fundação Itaú Unibanco – Previdência Complementar |  |  |  |  | — |  |  |  | — |  |  |  | (34 | ) |  |  | (28 | ) |  |  | (32 | )
FUNBEP – Fundo de Pensão Multipatrocinado |  |  |  |  | — |  |  |  | — |  |  |  | (3 | ) |  |  | (3 | ) |  |  | (6 | )
Other |  |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | (1 | )
Donation |  |  |  |  | — |  |  |  | (500 | ) |  |  | — |  |  |  | (1,002 | ) |  |  | (35 | )
Fundação Itaú para a Educação e Cultura |  |  |  |  | — |  |  |  | (500 | ) |  |  | — |  |  |  | (1,000 | ) |  |  | (35 | )
Other |  |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | (2 | ) |  |  | — |
Sponsorship |  |  |  |  | 12 |  |  |  | 12 |  |  |  | (14 | ) |  |  | (16 | ) |  |  | (15 | )
Associação Cubo Coworking Itaú |  |  |  |  | 12 |  |  |  | 12 |  |  |  | (14 | ) |  |  | (16 | ) |  |  | (14 | )
Other |  |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | (1 | )
Operations with Key Management Personnel of ITAÚ UNIBANCO HOLDING present Assets of R$ 100, Liabilities of R$ (6,136) and Results of R$ (20) (R$ 65, R$ (6,623) at 12/31/2020 and R$ (58) from 01/01 to 12/31/2020, respectively). b) Compensation and Benefits of Key Management Personnel Compensation and benefits attributed to Managers Members, members of the Audit Committee and the Board of Directors of ITAÚ UNIBANCO HOLDING in the period correspond to:
|  | 01/01 to 12/31/2021 |  |  | 01/01 to 12/31/2020 |  |  | 01/01 to 12/31/2019 |
Fees |  |  | (460 | ) |  |  | (578 | ) |  |  | (499 | )
Profit sharing |  |  | (208 | ) |  |  | (112 | ) |  |  | (363 | )
Post-employment benefits |  |  | (9 | ) |  |  | (9 | ) |  |  | (6 | )
Share-based payment plan |  |  | (120 | ) |  |  | (228 | ) |  |  | (224 | )
Total |  |  | (797 | ) |  |  | (927 | ) |  |  | (1,092 | )
Total amounts related to share-based payment plans, personnel expenses and post-employment benefits is detailed in Notes 20, 23 and 26, respectively.

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