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11
Banco do BrasilBanco do Brasil3Q093Q09
22
DisclaimerDisclaimer
This presentation may include references and statements, planned synergies,
increasing estimates, projections of results and future strategy for Banco do
Brasil, it’s Associated and Affiliated Companies and Subsidiaries. Although these
references and statements reflect the management’s belief, they also involve
imprecision and high difficult risks to be foreseen, consequently, they may
conduct to a different result than the one anticipated here. These expectations are
highly dependent on market conditions, on Brazil’s economic and banking system
performances, as well as on international market one. Banco do Brasil is not
responsible for bringing up to date any estimate in this presentation.
33
Price Index IPCA¹ - %
3.1
2006
4.5
2007
4.3
Sep/09
5.9
2008
5.7
2005
18.00
2005
13.25
2006
11.25
2007
13.75
2008
8.75
Sep/09
Interest Rate Selic² - %
Total Payroll Index³
2005 2006 2007 2008 Sep/09(3) Base 100 Dec/2004Source: IBGE
Unemployment Index4 - %
9.9
2005
10.0
2006
9.3
2007
7.9
2008
8.1
Sep/09(4) 12 months average Source: IBGE
108.2 115.2 120.8 128.8 131.4
(1) 12 monthsSource: IBGE
(2) End of PeriodSource: Brazilian Central Bank
Economic EnvironmentEconomic Environment
44
2005 2006 2007 2008 Sep/09
Banking Industry Loan Portfolio - R$ trillion Banking Industry Loan Operations¹ - R$ trillion
2005 2006 2007 2008 Sep/09
Credit RiskConsumer Loans³ - R$ billion
2005
2005 2006 2007 2008 2009²
20082007Allowance / Loan Portfolio - %
Sep/092006
Loan/GDP - %
28.130.2
34.241.3
45.7
0.6
0.7 0.91.2 1.3
0.4 0.6 0.6 0.8 0.80.2
0.3 0.30.4
0.5
Public Private
Mortgage PayrollVehiclesPast Due Loan +90 days / Loan Portfolio - %
Individuals Businesses
0.4 0.50.6 0.6 0.6
0.90.9
1.01.2
1.1
(2) Projection made over 9- month volume
59.129.131.7
77.4
35.7
48.1
111.6
45.8
64.7
139.1
63.3
78.9
153.9
111.1
100.5
6.4 6.25.5 5.3
7.2
3.7 3.73.2 3.2
4.4
(1) Loan as Reference for Interest Rate
(3) Free Resources Source: Central Bank
Economic EnvironmentEconomic Environment
55
Board of Officers
Internal Audit
Board of Directors
Shareholders General Meeting
Board of Auditors
Directorships
Audit Commitee
CEO
VP of International Business and
Wholesale
Foreign Trade
Wholesale
Internationall
VP of Cards and New Retail Business
VP of Retail and Distribution
VP of Agribusiness
VP of Government
VP of Finance, Capital Markets
and IR
VP of Technology and Logistics
VP of Human Resources and
Social Environmental Responsability
VP of Credit, Controlling and
Risk Management
Cards
Consumer Lending and
Finance
Insurance, Pension and Capitalization
Distribution and Retail Channels
High Income
Agribusiness Government
Pension Fund Management
Finance
Capital Markets and Investment
Investor Relations
Logistics
Technology
Software Development
IT Infrastructure
Operational Support
Human Resources
Employee Relations and
Sponsored Companies
Controlling
Credit
Risk Management
Restructuring of Operational
Assets
Accounting
Internal Controls
Strategy and Organization
Security Management
Legal
Marketing and Communication
Executive Secretariat
Units
SME
Retail
Chanel
Sustainable Development
66
COBRABB-99,36% ON
99,35% TotalBI-0,04% ON
0,04% Total
BB LEASING
BB - 100% ON 100% Total
BB VIENA BB -100% ON
100% Total
BBCARTÕES
BB - 100% ON 100% Total
BB LEASING Co. LTD
BB - 100% ON 100% Total
BB DTVM
BB -100% ON 100% Total
BBCORRETORA
BB - 100%ON 100% Total
BAMBBB -100% ON
100% Total
BBCONSÓRCIOS
BB - 100% ON 100% Total
BANCO DO BRASIL
SECURITIES LLC BB - 100% ON
100% Total
BBSECURITIES
BAMB -100% ON 100% Total
BB TURISMO BAMB - 99% ONBB Leasing - 1% ON
100% Total
ATIVOS S.A. BB BI - 49% ON
74,50 % TotalBAMB - 51% ON 25,50% Total
ITAPEBI
BB-BI 19% ON 19% Total
KEPLER WEBER
BB-BI 18,94% ON 17,65% TotalBBDTVM 0,0245% ON 0,0228% Total
PRONORBB 1,77% PN 1,05% TotalBB-BI 5,51% PN 3,27% TotalBBDTVM 29,51% ON 12,02% Total
NEOENERGIA
BB-BI 8,81% ON 11,99% Total
BANCO DO BRASIL
MANAGED
BB PREVIDÊNCIA Entidade Fechada de Previdência Privada
SPONSORED
CASSI PREVIFBB
CONTROLLED
BANCO POPULAR DO BRASIL
BB -100% ON 100% Total
F OUNDATION
BANCO VOTORANTIM
BB 49,99% ON 50% Total
BESCVALBESCREDI BESCLEASING BB -100% ON 100% Total
BB BIBB - 100% ON
100% Total
BRASILPREV
BB Seguro 49,99% ON 49,99% Total
BRASILSAÚDE
BB Seguros 49,99% ON 49,99% Total
BRASILCAP
BB Seguros 49,99% ON 49,99% Total
BRASIL VEÍCULOS
BB Seguros 40% ON 70% Total
Strategic Participation
Grupo SeguridadeGrupo Seguridade
Non-Strategic Participation
BB ALIANÇAPARTICIPAÇÕES
BB - 100%ON 100% Total
BB SEGUROS PARTICIPAÇÕES
BB SEGUROS PARTICIPAÇÕES
BB – 100% ON 100%Total
CADAM
BB 56,19% PN 21,64% Total
Non-Strategic Participation
Strategic Participation
RELATED COMPANIES / PARTICIPATION
Strategic Participation
MAPFRE NOSSA CAIXA
BNC 49% ON 49% Total
NOSSA CAIXA ADM. DE CARTÕES
BNC 100% ON 100% Total
CIBRASEC
BB-BI 9,09% ON 9,09% Total
VISANET
BB BI 31,63% ON 31,63% Total
VISA VALE
BB BI 35,00% ON
40,35% Total
TECBAN
BB BI 8,96% ON 8,96% Total
Other ParticipationOther Participation
Strategic Participation
SBCE
BB-BI 12,088% ON 12,088% Total’’
Aliança do Brasil
100% ON 100% Total
BB BI
BB ALIANÇA PARTICIPAÇÕES
BANCO NOSSA CAIXA
BANCO NOSSACAIXA
BB –99,32% ON 99,32% Total
77
National Treasure
PREVI
BNDESPar
Foreign Investors Others
Participation
Ownership StructureOwnership Structure
Free Float - %
65.4%10.4%
2.5%
11.7%
10.1%
Free float: 21.8%
6.9
2005
3.5
3.4
14.8
2006
7.6
7.2
21.7
2007
11.7
10.0
21.5
2008
11.3
10.2
21.8
10.1
11.7
Sep/09
88
Price / Earnings
Share’s PerformanceShare’s PerformancePrice / Book Value
2.0
2005
2.5
2006
3.1
2007
1.4
2008 3Q09
8.1
2005
8.7
2006
14.9
2007
4.3
2008
9.0
3Q09
Earnings / Share – R$
1.7
2005
2.4
2006
2.0
2007
3.4
2008
0.8
3Q09
Dividends and Interest on Own Capital / Share – R$
0.6
2005
1.0
2006
0.8
2007
1.4
2008
0.3
3Q09
2.4
99
IbovespaBanco do BrasilBradesco Itaú
Share’s PerformanceShare’s Performance
269.8%
139.2%
270.3%
177.3%
dec/04 dec/05 dec/06 dec/07 dec/08 sep/09
1010
ProfitabilityProfitability
2005 2006 2007 2008
4.2
2005
6.0
2006
5.1
2007
8.8
2008
5.9
9M08 Sep/08 Sep/09
6.0
9M09
26.832.1
22.5
32.5 31.025.9
33.7
52.8
75.3
37.7
58.4
80.2
1.52.4 2.0
3.52.3 2.4
Net Income - R$ billionROE - %
Market Capitalization - R$ billionDividends and Interest on Own Capital - R$ billion
1111
Shareholder’s Equity - R$ billion
Capital StructureCapital Structure
BaselBasel
Tier IITier I
16.8
2005
20.8
2006
24.3
2007
29.9
2008
33.7
3Q09
17.1
11.7
5.4
2005
17.3
11.7
5.6
2006
15.6
10.7
4.9
2007
15.2
10.9
4.3
2008
13.0
3Q09
9.1
3.9
1212
253.0
2005
296.4
2006
367.2
2007
521.3
2008
685.7
Sep/09
Market Share¹ % Assets² - R$ billion
AssetsAssets
2 Including BV and Nossa Caixa1 Position of Jun/09 Source: Brazilian Central Bank - Consolidado Bancário I and II, without BNDES
CAGR: 30.5%CAGR: 30.5%
19.717.6
16.116.817.3
1313
Money Market Borrowing
Demand Deposits
Saving Deposits
Others
168.2208.1
260.6
362.0
Market Share¹ - %
R$ billion
Time Deposits
CAGR (%): 25.0
16.9
23.4
9.4
53.9
34.8
FundingFunding
1 Posição do SFN de Jun/09
63.530.532.835.85.5
2005
76.9
49.336.740.15.2
2006
85.5
72.3
51.35.6
45.8
2007
149.6
91.1
55.0
51.9
14.3
2008 3Q09
18.9 19.3 19.521.4
23.6
194.7
153.6
50.1
72.2
9.9
480.6
1414
127.6
194.7
327.0412.4
480.6310.8
Sep/08 Jun/09 Sep/09Sep/08 Jun/09 Sep/09
Sep/08 Jun/09
69.0
Sep/09 Sep/08 Jun/09
185.1
Sep/09
Total Funding
Savings Deposits
Total Deposits
Time Deposits
Balance – R$ billion Cost - % Selic
= 52.5% = 52.5%
= 37.1% = 37.1%
= 42.3% = 42.3%
= 52.6% = 52.6%
315.1 229.8
72.2
52.7
64.4 66.371.3 81.3
76.381.2
69.7 71.1 73.960.9 62.4
66.1
FundingFunding
1515
Individuals
Businesses
Agribusiness
Abroad
Loan PortfolioLoan Portfolio
CAGR (%): 31.7
13.5
18.8
34.5
50.8
R$ billion
Market Share¹ - %
1 Domestic Portfolio
101.8
18.4
38.5
35.7
9.2
2005
133.2
24.0
51.9
45.1
12.2
2006
160.7
32.0
65.5
51.9
11.4
2007
224.8
48.8
97.2
63.7
15.1
2008
285.5
Sep/09
85.7
117.0
68.1
14.8
16.515.3 16.0 17.1
20.1
1616
Others
Payroll Loans² Overdraft Account
Credit Cards Vehicle Loans¹
Consumer FinanceConsumer Finance
R$ billion
9.73.82.52.20.2
2005
18.4
9.5
8.33.12.20.9
2006
24.0
11.0
11.9
3.82.33.0
2007
32.0
14.4
17.6
7.62.56.7
2008
48.8
3Q09
85.7
CAGR (%): 50.7
238.2
7.6
36.4
79.4
21.8
Mortgage
20.3
34.0
8.0
19.3
1.3
2.9
1 Including BV2 Including BNC
1717
75.8
41.2
SMEMiddle and Corporate Enterprises
Credit to BusinessesCredit to Businesses
R$ billion
CAGR (%): 30.1
30.0
37.3
62.3
34.9
2008
97.2
40.9
24.6
2007
65.5
33.6
18.3
2006
51.9
23.1
15.4
2005
38.5
3Q09
103.4
1818
BusinessesIndividuals
Credit to AgribusinessCredit to Agribusiness
R$ billion
CAGR (%): 18.7
43.4
12.635.8
30.5
5,3
2005
45.1
36.6
8.5
2006
51.9
40.2
11.7
2007
63.7
45.2
18.5
2008
68.1
47.6
20.5
3Q09
1919
38.4%61.6%
Without insurance With insurance
Reinsurance %IRB 24SCOR 15SWISS RE 15PARTNER RE 15MÜNCHENER RÜCK 10
OTHERS 7Total 90
Working Capital
64.3%
63.5%
74.6%
39.8%
74.9%
08/09 CropR$ 15.5 billion
R$ million Total Insured % InsuredNorth 32.2 20.7 64.3%Northeast 109.2 69.3 63.5%Mid-West 929.4 693.2 74.6%Southeast 1,258.2 500.8 39.8%South 3,326.2 2,489.8 74.9%Total 5,655.2 3,773.8 66.7%
Working Capital
MAPFRE RE 4
*until September/2009
R$ 5.6 billion
09/10* Crop
33.3%66.7%
Crop Insurance Breakdown - %
AgribusinessAgribusiness
2020
2005 2006 2007 2008 3Q09
Required and Additional Provision / Loan Portfolio - %
Past Due Loans + 90 days / Loan Portfolio - %
Annualized Net Loss³ / Loan Portfolio - %
6.6 6.5 6.4 6.16.7
3.42.7 2.4
3.6
2.01.1 1.4
2.42.5
2.9
Provision Charges² - R$ million
2005 2006 2007 2008 3Q09
4,5275,743 5,378
6,800
8,679
4.7 5.0
3.7 3.64.7
Provision charges / Loan Portfolio¹ - %
Credit RiskCredit Risk
(1) Average Loan Portfolio and 12 months expenses(2) Without one-off items
(3) Net of credit recovery
2121
Net Interest IncomeNet Interest Income
Loan RevenuesOther Interest Revenues
R$ billion
Net Interest Income
19.2
14.4
2005
33.6
21.6
15.1
2006
36.7
25.3
14.7
2007
40.0
34.5
23.9
2008
58.4
9M08
38.1
9M09
47.3
23.529.7
14.6
17.7
16.818.1
20.8
24.1
11.4
15.5
2222
Agribusinesses - %
Individuals - %Businesses - %
8.4 8.1 6.9 6.7 7.2
30.1 28.725.4
21.0 19.8
2005 2006 2007 2008 9M09
8.6 8.1 7.6 7.1 6.8
19.0 15.1 11.8 12.5 10.4
45.153.7
64.056.9
65.2
2005 2006 2007 2008 9M09
Global¹ - %
Cumulative Selic² - %
Global Spread¹ / Cumulative Selic² - %
NIM by Product NIM vs. Selic
6.0 5.5 6.3 5.1 5.3
SpreadSpread
(1) Net Interest Income over Earning Assets(2) Annualized
2323
ProductivityProductivity
Administrative Expenses¹ Operating Income¹
Cost / Income Ratio without one-off items - %
R$ billion
(1) without one-off items
2005
13.1
27.3
2006
13.7
28.9
2007
14.3
30.9
2008
15.4
34.0
9M08 9M09
11.514.2
25.2
33.1
43.045.745.346.247.548.1
2424
ProductivityProductivity
Administrative Expenses¹ Fee IncomeCoverage Ratio without one-off items - %
R$ billion
(1) without one-off items
7.5 7.6
2005
7.98.9
2006
7.8
9.9
2007
8.5
10.5
2008 9M08 9M09
102.3112.9
127.7 124.5
140.1129.5
6.3
7.68.8
9.9
2525
Debit Cards Issued - million
Credit and Debit CardsCredit and Debit Cards
Revenues – R$ billion
Credit Cards Issued - million
CAGR (%): 15.7
33.5
10.2
40,0 41,7 47.2 52.7
9,3 14,121.3
25.4
2005 2006 2007 2008
49.355.8
68.578.1
3Q08
77.0
3Q09
85.1
52,0 57.6
25,027.5
17.0 23.7
66.250.5
38.630.3
2626
Points of Service - thousand
Transaction in Automated Channels - %
Employees - thousand
OthersBranches2005
10.9
3.9
2006
14.8
11.1
4.0
2007
15.1
11.3
4.0
2008
15.3
11.6
4.3
3Q09
16.0
2005
89.2
2006 2007
90.0 91.3
2008
91.1
3Q09
ATM - thousand
2005
40.2
2006
39.7
2007
39.3
2008
39.7
3Q09
2005
83.8
2006
82.7
2007
81.9
2008
89.0
3Q09
104.1
12.3
5.0
17.2
43.8 92.2
StructureStructure
2727
StructureStructure
Distribution Network by Customer
Northeast
Varejo 1,001Atacado 7Governo 9Alta Renda 10
Varejo 2,064Atacado 46 Governo 5Alta Renda 47Varejo 1,064
Atacado 22Governo 3Alta Renda 9
Varejo 393Atacado 5Governo 5Alta Renda 11
Varejo 246Atacado 2Governo 7Alta Renda 2
North
Midwest
South
Southeast
5.2%
8.4%
20.7%
43.6%
22.1%
2828
StructureStructure
Transactions per Channels - %
TAA
Internet Individuals
Cash
POS
Others
Internet Banking – million of clients
Internet Businesses
3Q093Q08
2005 7.9
2006 8.2
2007 8.5
2008 8.6
3Q09 9.1
37.8
21.1
18.6
5.98.8
7.8
40.6
14.9
20.2
9.98.7
5.8
2929
Asset ManagementAsset ManagementClient Profile
Investment Profile
R$ billion
153.5
2005
182.7
2006
220.1
2007
246.3
2008
311.4
3Q09
CAGR: 20.8%CAGR: 20.8%
Retail
Wholesale
Government
InstitutionalInvestors
ForeignInvestors
36.6%
22.0%
27.0%
10.0%4.5%
56.5%
15.2%
15.3%
13.0%
Fixed Income
Multimarket
Equities
Others
3030
217.7 214.7 217.2282.0 252.6
543.9751.8
Fee Income
Credit Cards R$ billion
3Q08 4Q08 1Q09 2Q09 3Q09 3Q08 4Q08 1Q09 2Q09 3Q09 9M08 9M09
Insurance Net Income²
9M08 9M09
17.0 19.4 18.021.2 23.7
46.9
62.9
(1) Including BV
= 34.2% = 34.2% = 38.2% = 38.2%
R$ billion
3Q08
2.9
4Q08
3.1
1Q09 3Q09
2.9 3.4
2Q09
8.89.9
9M08 9M09
R$ million
3.5241.5 246.3 259.3
293.9311.4
3Q08 4Q08 1Q09 2Q09 3Q09
Assets under management¹
516.3465.4 445.5
506.4 531.5
AUM Fees - R$ million
= 13.1% = 13.1% = 6.0% = 6.0%
Insurance Ratio³ - %
(2) Not including Nossa Caixa
10.7 13.2 14.316.3 14.3
10.815.0
(3) Insurance Net Income / BB’s Recurring Net Income
Cards, Insurance and AUM BusinessesCards, Insurance and AUM Businesses
3131
Investor Relations UnitSBS - Quadra 1 - Bloco C - Ed. Sede III - 5° floor
70073-901 - Brasília (DF)Phone: 55 (61) 3310-3980
Fax: 55 (61) 3310-3735
DisclaimerDisclaimer - This presentation contains references and statements. planned synergies. increasing estimates. projections of results and future strategy for Banco do Brasil. it’s Associated and Affiliated Companies and Subsidiaries. Although these references and statements reflect the
management’s belief. it also involves imprecision and high difficult risks to be foreseen. consequently. it may conduct to a different result than the one anticipated here. These expectations are highly depended on market conditions. on the Brazilian economic performance. on the sector and the
international market. Banco do Brasil is not responsible for bringing up to date any estimate in this presentation.
For further information access www.bb.com.br/ri