XML 23 R3.htm IDEA: XBRL DOCUMENT v3.22.0.1
Consolidated Statements of Comprehensive Income - CLP ($)
$ in Millions
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
OPERATING INCOME      
Interest income $ 2,921,097 $ 2,232,327 $ 2,321,381
Interest expense (1,109,746) (638,479) (904,417)
Net interest income 1,811,351 1,593,848 1,416,964
Fee and commission income 578,604 451,162 498,658
Fee and commission expense (245,853) (183,884) (211,572)
Net fee and commission income 332,751 267,278 287,086
Net income (expense) from financial operations (6,403) 90,800 (78,165)
Net foreign exchange gain 125,431 58,997 279,857
Other operating income 10,391 8,206 13,001
Net operating profit before provision for loan losses 2,273,521 2,019,129 1,918,743
Provision for loan losses (291,083) (478,264) (323,311)
NET OPERATING INCOME 1,982,438 1,540,865 1,595,432
Personnel salaries and expenses (397,675) (408,670) (410,157)
Administrative expenses (280,134) (250,450) (233,612)
Depreciation and amortization (122,055) (109,426) (106,092)
Impairment of property, plant, and equipment (638) (2,726)
Other operating expenses (107,819) (77,806) (49,303)
Total operating expenses (907,683) (846,990) (801,890)
OPERATING INCOME 1,074,755 693,875 793,542
Income from investments in associates and other companies (663) 1,388 1,146
Income from continuing operations before tax 1,074,092 695,263 794,688
Income tax expense (221,664) (142,533) (175,074)
Result of continuing operations 852,428 552,730 619,614
Result of discontinued operations 1,699
NET INCOME FOR THE YEAR 852,428 552,730 621,313
Attributable to:      
Shareholders of the Bank 842,467 547,614 619,091
Non-controlling interest $ 9,961 $ 5,116 $ 2,222
Earnings per share from continued operations attributable to shareholders of the Bank:      
Basic earnings (in Pesos per share) $ 4.487 $ 2.906 $ 3.276
Diluted earnings (in Pesos per share) 4.487 2.906 3.276
Earnings per share from discontinued operations attributable to shareholders of the Bank:      
Basic earnings (in Pesos per share) 0.009
Diluted earnings (in Pesos per share) 0.009
Earnings per share attributable to shareholders of the Bank:      
Basic earnings (in Pesos per share) 4.487 2.906 3.285
Diluted earnings (in Pesos per share) $ 4.487 $ 2.906 $ 3.285
NET INCOME FOR THE YEAR $ 852,428 $ 552,730 $ 621,313
Other comprehensive income that will not be reclassified to profit or loss      
Equity instruments at fair value through other comprehensive income (243) (18) (1)
Income tax related to the above 66 5
Total items that will not be reclassified to the income statements (177) (13) (1)
Other comprehensive income that will be reclassified to profit or loss      
Debt instruments at fair value through other comprehensive income (214,835) 73,689 22,223
Cash flow hedge (236,816) (96,330) (50,238)
Income tax related to the above 122,987 6,296 7,618
Total items that will be reclassified to the income statements (328,664) (16,345) (20,397)
Other comprehensive income for the year, net of tax (328,841) (16,358) (20,398)
TOTAL COMPREHENSIVE INCOME FOR THE YEAR 523,587 536,372 600,915
Attributable to:      
Shareholders of the Bank 513,910 531,177 598,693
Non-controlling interests $ 9,677 $ 5,195 $ 2,222