XML 86 R71.htm IDEA: XBRL DOCUMENT v3.19.1
OPERATING SEGMENTS (Tables)
 12 Months Ended
Dec. 31, 2018
Disclosure of operating segments [abstract]  
Disclosure of Operating Income and Non Current Assets From Segment [Text Block]
(i)
The table below shows (in millions of soles) a breakdown of the Group’s total income, operating income and non-current assets; classified by location of customers and assets, respectively for the years ended December 31, 2018, 2017 and 2016:
 
 
 
 
 
 
 
 
 
 
 
Income (*)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
2018
 
External
 
 
From other

segments (**)
 
 
Net interest,

similar

income and

expenses
 
 
Other

income,

net (***)
 
 
Provision for
credit losses
on loan

portfolio
 
 
Depreciation
and

amortization
 
 
Income

tax
 
 
Net profit
 
 
Capital

expenditures,
intangible

assets
and goodwill
 
 
Total

assets
 
 
Total

liabilities
 
Universal Banking
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Banco de Crédito del Perú
 
 
10,757
 
 
 
381
 
 
 
5,616
 
 
 
3,275
 
 
 
(1,046
)
 
 
(277
)
 
 
(1,137
)
 
 
2,927
 
 
 
397
 
 
 
132,880
 
 
 
117,803
 
Banco de Crédito de Bolivia
 
 
686
 
 
 
4
 
 
 
309
 
 
 
124
 
 
 
(52
)
 
 
(12
)
 
 
(45
)
 
 
78
 
 
 
45
 
 
 
9,957
 
 
 
9,266
 
Insurance and Pension funds
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Pacífico Seguros and Subsidiaries
 
 
2,861
 
 
 
21
 
 
 
446
 
 
 
1,181
 
 
 
–
 
 
 
(51
)
 
 
(4
)
 
 
353
 
 
 
85
 
 
 
12,224
 
 
 
9,591
 
Prima AFP
 
 
371
 
 
 
2
 
 
 
–
 
 
 
371
 
 
 
–
 
 
 
(18
)
 
 
(58
)
 
 
140
 
 
 
9
 
 
 
875
 
 
 
241
 
Microfinance
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Mibanco
 
 
2,468
 
 
 
88
 
 
 
1,956
 
 
 
156
 
 
 
(430
)
 
 
(49
)
 
 
(193
)
 
 
462
 
 
 
50
 
 
 
13,220
 
 
 
11,322
 
Edyficas S.A.S.
 
 
44
 
 
 
–
 
 
 
40
 
 
 
1
 
 
 
(4
)
 
 
–
 
 
 
(4
)
 
 
5
 
 
 
–
 
 
 
119
 
 
 
62
 
Investment Banking and Wealth Management
 
 
886
 
 
 
(14
)
 
 
98
 
 
 
634
 
 
 
–
 
 
 
(21
)
 
 
(29
)
 
 
146
 
 
 
8
 
 
 
9,665
 
 
 
8,190
 
Other segments
 
 
83
 
 
 
97
 
 
 
33
 
 
 
106
 
 
 
–
 
 
 
(1
)
 
 
(51
)
 
 
(40
)
 
 
7
 
 
 
2,862
 
 
 
950
 
Eliminations
 
 
–
 
 
 
–
 
 
 
(9
)
 
 
(454
)
 
 
–
 
 
 
–
 
 
 
–
 
 
 
–
 
 
 
–
 
 
 
(4,539
)
 
 
(4,428
)
Total consolidated
 
 
18,156
 
 
 
579
 
 
 
8,489
 
 
 
5,394
 
 
 
(1,532
)
 
 
(429
)
 
 
(1,521
)
 
 
4,071
 
 
 
601
 
 
 
177,263
 
 
 
152,997
 
 
 
 
 
 
 
 
 
 
 
 
Income (*)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
2017
 
External
 
 
From other
segments (**)
 
 
Net interest,
similar
income and
expenses
 
 
Other
income,
net (***)
 
 
Provision for
credit losses
on loan
portfolio
 
 
Depreciation
and
amortization
 
 
Income
tax
 
 
Net profit
 
 
Capital
expenditures,
intangible
assets
and goodwill
 
 
Total
assets
 
 
Total
liabilities
 
Universal Banking
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Banco de Crédito del Perú
 
 
10,095
 
 
 
371
 
 
 
5,300
 
 
 
2,927
 
 
 
(1,313
)
 
 
(261
 
 
(996
)
 
 
2,638
 
 
 
286
 
 
 
128,259
 
 
 
114,543
 
Banco de Crédito de Bolivia
 
 
616
 
 
 
2
 
 
 
315
 
 
 
119
 
 
 
(71
)
 
 
(11
 
 
(40
)
 
 
75
 
 
 
10
 
 
 
9,118
 
 
 
8,482
 
Insurance and Pension funds
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Pacífico Seguros and Subsidiaries
 
 
2,790
 
 
 
120
 
 
 
423
 
 
 
1,369
 
 
 
–
 
 
 
(49
)
 
 
(28
)
 
 
326
 
 
 
56
 
 
 
11,409
 
 
 
8,560
 
Prima AFP
 
 
388
 
 
 
3
 
 
 
1
 
 
 
387
 
 
 
–
 
 
 
(23
)
 
 
(66
)
 
 
140
 
 
 
10
 
 
 
883
 
 
 
264
 
Microfinance
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Mibanco
 
 
2,337
 
 
 
77
 
 
 
1,829
 
 
 
98
 
 
 
(399
)
 
 
(49
 
 
(146
)
 
 
399
 
 
 
44
 
 
 
12,363
 
 
 
10,666
 
Edyficas S.A.S.
 
 
30
 
 
 
–
 
 
 
27
 
 
 
1
 
 
 
(5
)
 
 
(1
 
 
–
 
 
 
(1
)
 
 
1
 
 
 
92
 
 
 
37
 
Investment Banking and Wealth Management
 
 
906
 
 
 
(5
)
 
 
135
 
 
 
658
 
 
 
–
 
 
 
(25
 
 
(33
)
 
 
252
 
 
 
7
 
 
 
10,389
 
 
 
8,730
 
Other segments
 
 
565
 
 
 
77
 
 
 
42
 
 
 
535
 
 
 
(1
)
 
 
(1
 
 
(84
)
 
 
353
 
 
 
2
 
 
 
2,781
 
 
 
1,668
 
Eliminations
 
 
–
 
 
 
–
 
 
 
(1
)
 
 
(516
)
 
 
–
 
 
 
–
 
 
 
–
 
 
 
–
 
 
 
–
 
 
 
(4,822
)
 
 
(4,731
)
Total consolidated
 
 
17,727
 
 
 
645
 
 
 
8,071
 
 
 
5,578
 
 
 
(1,789
)
 
 
(420
 
 
(1,393
)
 
 
4,182
 
 
 
416
 
 
 
170,472
 
 
 
148,219
 
 
 
 
 
 
 
 
 
 
 
 
 
 
(*)
Corresponds to total interest and similar income, other income (includes income and expenses on commissions) and net earned premiums from insurance activities.
 
 
 
 
 
 
 
 
 
(**)
Corresponds to income derived from transactions with other segments, which were eliminated in the consolidated statement of income.
 
 
 
 
 
 
 
 
 
(***)
  Corresponds to income for commissions received and other income (include income and expenses for commissions) and the profits arising from the collection of premiums less claims for loss coverage from insurance activities.
 
 
 
 
 
 
 
 
 
Income (*)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
2016
 
External
 
 
From other

segments (**)
 
 
Net interest,

similar

income and

expenses
 
 
Other

income,

net (***)
 
 
Provision for
credit losses
on loan

portfolio
 
 
Depreciation
and

amortization
 
 
Income

tax
 
 
Net profit
 
 
Capital

expenditures,
intangible

assets
and goodwill
 
 
Total

assets
 
 
Total

liabilities
 
Universal Banking
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Banco de Crédito del Perú
 
 
10,582
 
 
 
297
 
 
 
5,334
 
 
 
3,120
 
 
 
(1,454
)
 
 
(248
)
 
 
(885
)
 
 
2,586
 
 
 
265
 
 
 
117,329
 
 
 
105,107
 
Banco de Crédito de Bolivia
 
 
532
 
 
 
12
 
 
 
299
 
 
 
111
 
 
 
(50
)
 
 
(12
)
 
 
(50
)
 
 
81
 
 
 
10
 
 
 
7,949
 
 
 
7,329
 
Insurance and Pension funds
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Pacífico Seguros and Subsidiaries
 
 
2,160
 
 
 
56
 
 
 
393
 
 
 
983
 
 
 
–
 
 
 
(45
)
 
 
(51
)
 
 
303
 
 
 
48
 
 
 
10,200
 
 
 
7,826
 
Prima AFP
 
 
399
 
 
 
13
 
 
 
1
 
 
 
407
 
 
 
–
 
 
 
(21
)
 
 
(70
)
 
 
156
 
 
 
8
 
 
 
884
 
 
 
278
 
Microfinance
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Mibanco
 
 
2,045
 
 
 
101
 
 
 
1,628
 
 
 
46
 
 
 
(274
)
 
 
(55
)
 
 
(100
)
 
 
336
 
 
 
39
 
 
 
11,235
 
 
 
9,658
 
Edyficas S.A.S.
 
 
25
 
 
 
–
 
 
 
23
 
 
 
1
 
 
 
(7
)
 
 
(1
)
 
 
–
 
 
 
(2
)
 
 
–
 
 
 
77
 
 
 
18
 
Investment Banking and Wealth Management
 
 
873
 
 
 
20
 
 
 
149
 
 
 
592
 
 
 
–
 
 
 
(24
)
 
 
(31
)
 
 
247
 
 
 
9
 
 
 
9,910
 
 
 
8,244
 
Other segments
 
 
189
 
 
 
90
 
 
 
60
 
 
 
51
 
 
 
–
 
 
 
(1
)
 
 
(94
)
 
 
(97
)
 
 
8
 
 
 
3,313
 
 
 
2,256
 
Eliminations
 
 
–
 
 
 
–
 
 
 
(29
)
 
 
(378
)
 
 
–
 
 
 
–
 
 
 
–
 
 
 
–
 
 
 
–
 
 
 
(4,462
)
 
 
(4,397
)
Total consolidated
 
 
16,805
 
 
 
589
 
 
 
7,858
 
 
 
4,933
 
 
 
(1,785
)
 
 
(407
)
 
 
(1,281
)
 
 
3,610
 
 
 
387
 
 
 
156,435
 
 
 
136,319
 
 
 
 
 
 
 
 
 
 
 
(*)
Corresponds to total interest and similar income, other income (includes income and expenses on commissions) and net earned premiums from insurance activities.
 
 
 
 
 
 
 
 
 
(**)
Corresponds to income derived from transactions with other segments, which were eliminated in the consolidated statement of income.
 
 
 
 
 
 
 
 
 
(***)
  Corresponds to income for commissions received and other income (include income and expenses for commissions) and the profits arising from the collection of premiums less claims for loss coverage from insurance activities.
 
 
 
 
 
 
 
 
(ii)
The following table presents (in millions of soles) the distribution of the external revenue, operating revenue and non-current assets of the Group; all assigned based on the location of the clients and assets, respectively, at December 31, 2018, 2017 and 2016:
 
 
 
 
 
 
 
 
 
 
 
2018
 
 
2017
 
 
2016
 
 
 
External
income (*)
 
 
Operating
income (**)
 
 
Total non
current
assets (***)
 
 
Total
liabilities
 
 
External
income (*)
 
 
Operating
income (**)
 
 
Total non
current
assets (***)
 
 
Total
liabilities
 
 
External
income (*)
 
 
Operating
income (**)
 
 
Total non
current
assets (***)
 
 
Total
liabilities
 
Peru
 
 
16,633
 
 
 
8,913
 
 
 
3,102
 
 
 
135,422
 
 
 
13,234
 
 
 
8,199
 
 
 
2,976
 
 
 
130,953
 
 
 
15,087
 
 
 
8,051
 
 
 
2,994
 
 
 
119,813
 
Bermuda
 
 
13
 
 
 
14
 
 
 
88
 
 
 
169
 
 
 
2,708
 
 
 
37
 
 
 
121
 
 
 
933
 
 
 
152
 
 
 
27
 
 
 
124
 
 
 
1,254
 
Panama
 
 
2
 
 
 
–
 
 
 
–
 
 
 
–
 
 
 
–
 
 
 
–
 
 
 
–
 
 
 
–
 
 
 
–
 
 
 
–
 
 
 
–
 
 
 
–
 
Cayman Islands
 
 
285
 
 
 
104
 
 
 
3
 
 
 
5,465
 
 
 
512
 
 
 
183
 
 
 
5
 
 
 
5,250
 
 
 
466
 
 
 
147
 
 
 
5
 
 
 
5,695
 
Bolivia
 
 
750
 
 
 
344
 
 
 
78
 
 
 
9,317
 
 
 
813
 
 
 
338
 
 
 
102
 
 
 
8,490
 
 
 
682
 
 
 
321
 
 
 
79
 
 
 
7,246
 
Colombia
 
 
314
 
 
 
(2
)
 
 
138
 
 
 
1,823
 
 
 
286
 
 
 
10
 
 
 
145
 
 
 
1,573
 
 
 
264
 
 
 
17
 
 
 
172
 
 
 
1,396
 
United States of America
 
 
6
 
 
 
–
 
 
 
–
 
 
 
2
 
 
 
8
 
 
 
–
 
 
 
–
 
 
 
2
 
 
 
8
 
 
 
–
 
 
 
–
 
 
 
2
 
Chile
 
 
153
 
 
 
(6
)
 
 
84
 
 
 
799
 
 
 
167
 
 
 
(5
)
 
 
139
 
 
 
1,018
 
 
 
160
 
 
 
(4
)
 
 
138
 
 
 
913
 
Total consolidado
 
 
18,156
 
 
 
9,367
 
 
 
3,493
 
 
 
152,997
 
 
 
17,728
 
 
 
8,762
 
 
 
3,488
 
 
 
148,219
 
 
 
16,819
 
 
 
8,559
 
 
 
3,512
 
 
 
136,319
 
 
 
 
 
 
 
 
 
 
 
(*)
Including total interest and similar income, other income and net premiums earned from insurance activities.
 
 
 
 
 
 
 
 
 
(**)
Operating income includes the net interest income from banking activities and the amount of the premiums earned, less insurance claims.
 
 
 
 
 
 
 
 
 
(***)
  Non-current assets consist of property, furniture and equipment, intangible assets and goodwill, net.