XML 48 R16.htm IDEA: XBRL DOCUMENT
v3.23.1

Financial assets at amortized cost - Securities | 12 Months Ended
--- | ---
Dec. 31, 2022
Financial Assets At Amortized Cost - Securities |
Financial assets at amortized cost - Securities | Note 9 - Financial assets at amortized cost - Securities
The Financial assets at amortized cost - Securities are as follows:
Summary of Financial assets at Amortized Cost - Securities |  |  |  |  |  |  |
| 12/31/2022 |  | 12/31/2021
| Amortized Cost | Expected Loss | Net Amortized Cost |  | Amortized Cost | Expected Loss | Net Amortized Cost
Brazilian government securities (1) | 91,810 | (30) | 91,780 |  | 68,045 | (37) | 68,008
Government securities – abroad | 39,243 | (11) | 39,232 |  | 24,888 | (7) | 24,881
Colombia | 820 | (1) | 819 |  | 925 | (1) | 924
Chile | 4,805 | - | 4,805 |  | 828 | - | 828
Korea | 10,365 | (2) | 10,363 |  | 5,604 | - | 5,604
Spain | 9,924 | (2) | 9,922 |  | 6,132 | (1) | 6,131
Mexico | 13,246 | (6) | 13,240 |  | 11,377 | (5) | 11,372
Paraguay | 59 | - | 59 |  | - | - | -
Uruguay | 24 | - | 24 |  | 22 | - | 22
Corporate securities (1) | 88,262 | (1,997) | 86,265 |  | 54,813 | (1,904) | 52,909
Rural product note | 26,129 | (140) | 25,989 |  | 5,906 | (14) | 5,892
Bank deposit certificates | 98 | - | 98 |  | 110 | (1) | 109
Real estate receivables certificates | 5,738 | (4) | 5,734 |  | 3,988 | (1) | 3,987
Debentures | 47,785 | (1,835) | 45,950 |  | 39,403 | (1,883) | 37,520
Eurobonds and other | 118 | - | 118 |  | 457 | (2) | 455
Financial bills | 113 | - | 113 |  | 51 | - | 51
Promissory and commercial notes | 7,363 | (13) | 7,350 |  | 4,219 | (2) | 4,217
Other | 918 | (5) | 913 |  | 679 | (1) | 678
Total | 219,315 | (2,038) | 217,277 |  | 147,746 | (1,948) | 145,798
1) Financial Assets at Amortized Cost – Securities Pledged as Collateral of Funding Transactions of Financial Institutions and Customers and Post-employment benefits (Note 26b), were: a) Brazilian government securities R$ 23,639 (R$ 12,570 at 12/31/2021); and b) Corporate securities R$ 12,718 (R$ 11,358 at 12/31/2021), totaling R$ 36,357 (R$ 23,928 at 12/31/2021).
On January 1, 2022, a new business model was created, classified as Amortized Cost, for capital management of a company in Chile (Itaú CorpBanca), in which Foreign Government Securities in the amount of R$ 5,069 were to be classified, previously classified in the Fair Value business model through Other Comprehensive Income. On 12/31/2022, the fair value of reclassified assets would be R$ 4,780 and the adjustment to fair value that would have been recognized in Other Comprehensive Income would be R$ 82.
The amortized cost of Financial assets at amortized cost - Securities by maturity is as follows:
Summary of Amortized Cost of Financial Assets at Amortized Cost |  |  |  |  |
| 12/31/2022 |  | 12/31/2021
| Amortized Cost | Net Amortized Cost |  | Amortized Cost | Net Amortized Cost
Current | 62,237 | 61,640 |  | 45,353 | 45,169
Up to one year | 62,237 | 61,640 |  | 45,353 | 45,169
Non-current | 157,078 | 155,637 |  | 102,393 | 100,629
From one to five years | 108,445 | 107,906 |  | 70,924 | 69,965
From five to ten years | 41,528 | 40,627 |  | 26,404 | 25,600
After ten years | 7,105 | 7,104 |  | 5,065 | 5,064
Total | 219,315 | 217,277 |  | 147,746 | 145,798
Reconciliation of expected loss to financial assets at amortized cost - securities, segregated by stages:
Schedule of financial assets at amortized cost - securities |  |  |  |  |  |  |  |  |
Stage 1 | Expected loss | Gains / (Losses) | Purchases | Settlements | Transfer to Stage 2 | Transfer to Stage 3 | Cure from Stage 2 | Cure from Stage 3 | Expected loss
| 12/31/2021 |  |  |  |  |  |  |  | 12/31/2021
Financial assets at amortized cost | (74) | (80) | (149) | 42 | 53 | 3 | (3) | - | (208)
Brazilian government securities | (37) | 7 | - | - | - | - | - | - | (30)
Government securities - abroad | (7) | 8 | (18) | 6 | - | - | - | - | (11)
Colombia | (1) | 1 | (1) | - | - | - | - | - | (1)
Korea | - | (2) | - | - | - | - | - | - | (2)
Spain | (1) | - | (1) | - | - | - | - | - | (2)
Mexico | (5) | 9 | (16) | 6 | - | - | - | - | (6)
Corporate securities | (30) | (95) | (131) | 36 | 53 | 3 | (3) | - | (167)
Rural product note | (5) | (65) | (64) | 8 | 21 | 3 | (3) | - | (105)
Bank deposit certificate | (1) | 1 | - | - | - | - | - | - | -
Real estate receivables certificates | (1) | 14 | (19) | 2 | - | - | - | - | (4)
Debentures | (18) | (42) | (31) | 15 | 32 | - | - | - | (44)
Eurobond and other | (2) | - | - | 2 | - | - | - | - | -
Promissory and commercial notes | (2) | (1) | (14) | 4 | - | - | - | - | (13)
Other | (1) | (2) | (3) | 5 | - | - | - | - | (1)
Stage 2 | Expected loss | Gains / (Losses) | Purchases | Settlements | Cure to Stage 1 | Transfer to Stage 3 | Transfer from Stage 1 | Cure from Stage 3 | Expected loss
12/31/2021 | 12/31/2022
Financial assets at amortized cost | (38) | (136) | (3) | 104 | 3 | 9 | (53) | - | (114)
Corporate securities | (38) | (136) | (3) | 104 | 3 | 9 | (53) | - | (114)
Rural product note | - | (12) | (3) | - | 3 | 9 | (21) | - | (24)
Debentures | (38) | (120) | - | 104 | - | - | (32) | - | (86)
Other | - | (4) | - | - | - | - | - | - | (4)
Stage 3 | Expected loss | Gains / (Losses) | Purchases | Settlements | Cure to Stage 1 | Cure to Stage 2 | Transfer from Stage 1 | Transfer from Stage 2 | Expected loss
12/31/2021 | 12/31/2022
Financial assets at amortized cost | (1,836) | (244) | (27) | 403 | - | - | (3) | (9) | (1,716)
Corporate securities | (1,836) | (244) | (27) | 403 | - | - | (3) | (9) | (1,716)
Rural product note | (9) | 7 | (6) | 9 | - | - | (3) | (9) | (11)
Debentures | (1,827) | (251) | (21) | 394 | - | - | - | - | (1,705)
Stage 1 | Expected loss | Gains / (Losses) | Purchases | Settlements | Transfer to Stage 2 | Transfer to Stage 3 | Cure from Stage 2 | Cure from Stage 3 | Expected loss
12/31/2020 | 12/31/2021
Financial assets at amortized cost | (185) | 188 | (147) | 70 | - | - | - | - | (74)
Brazilian government securities | (44) | 7 | - | - | - | - | - | - | (37)
Government securities - abroad | (14) | 37 | (36) | 6 | - | - | - | - | (7)
Chile | (1) | 1 | - | - | - | - | - | - | -
Colombia | - | 4 | (6) | 1 | - | - | - | - | (1)
Korea | (4) | 7 | (3) | - | - | - | - | - | -
Spain | (3) | 6 | (5) | 1 | - | - | - | - | (1)
Mexico | (6) | 19 | (22) | 4 | - | - | - | - | (5)
Corporate securities | (127) | 144 | (111) | 64 | - | - | - | - | (30)
Rural product note | (23) | 39 | (24) | 3 | - | - | - | - | (5)
Bank deposit certificate | - | 1 | (10) | 8 | - | - | - | - | (1)
Real estate receivables certificates | (8) | 6 | - | 1 | - | - | - | - | (1)
Debentures | (78) | 74 | (52) | 38 | - | - | - | - | (18)
Eurobond and other | (1) | 8 | (20) | 11 | - | - | - | - | (2)
Promissory notes | (10) | 10 | (5) | 3 | - | - | - | - | (2)
Other | (7) | 6 | - | - | - | - | - | - | (1)
Stage 2 | Expected loss | Gains / (Losses) | Purchases | Settlements | Cure to Stage 1 | Transfer to Stage 3 | Transfer from Stage 1 | Cure from Stage 3 | Expected loss
12/31/2020 | 12/31/2021
Financial assets at amortized cost | (53) | 19 | (20) | 16 | - | - | - | - | (38)
Corporate securities | (53) | 19 | (20) | 16 | - | - | - | - | (38)
Rural product note | (2) | 2 | - | - | - | - | - | - | -
Real estate receivables certificates | (4) | - | - | 4 | - | - | - | - | -
Debentures | (47) | 17 | (20) | 12 | - | - | - | - | (38)
Stage 3 | Expected loss | Gains / (Losses) | Purchases | Settlements | Cure to Stage 1 | Cure to Stage 2 | Transfer from Stage 1 | Transfer from Stage 2 | Expected loss
12/31/2020 | 12/31/2021
Financial assets at amortized cost | (2,827) | 610 | (51) | 432 | - | - | - | - | (1,836)
Corporate securities | (2,827) | 610 | (51) | 432 | - | - | - | - | (1,836)
Rural product note | - | 6 | (15) | - | - | - | - | - | (9)
Debentures | (2,827) | 604 | (36) | 432 | - | - | - | - | (1,827)

X
- Definition The disclosure of financial assets. [Refer: Financial assets] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 7 -IssueDate 2022-03-24 -Paragraph 7 -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=7&code=ifrs-tx-2022-en-r&anchor=para_7&doctype=Standard -URIDate 2022-03-24 + Details
Name: | ifrs-full_DisclosureOfFinancialAssetsExplanatory
Namespace Prefix: | ifrs-full_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

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