“Interest and similar income” in the consolidated income statement comprises the interest accruing in the year on all financial assets with an implicit or explicit return, calculated by applying the effective interest method, regardless the fair value measurement; and the rectifications of income as a result of hedge accounting. Interest is recognized through its gross value, without deducting any tax withheld at source.
The breakdown of the main items of interest and similar charges accrued in 2017, 2016 and 2015 is as follows:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Thousand of reais |
|
|
|
|
|
|
|
|
|
|
| 2017 |
| 2016 |
| 2015 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Cash and balances with the Brazilian Central Bank |
|
|
|
|
|
|
| 5,953,765 |
| 7,315,570 |
| 4,625,467 | ||||
| Loans and advances - Credit institutions |
|
|
|
|
|
|
| 5,107,355 |
| 7,472,729 |
| 5,075,636 | ||||
| Loans and advances - Customers |
|
|
|
|
|
|
|
|
| 44,507,217 |
| 43,977,981 |
| 41,844,940 | ||
| Debt instruments |
|
|
|
|
|
|
|
|
|
|
| 13,456,802 |
| 14,783,164 |
| 14,872,834 |
| Other interest |
|
|
|
|
|
|
|
|
|
|
| 2,393,210 |
| 3,596,633 |
| 3,451,323 |
| Total |
|
|
|
|
|
|
|
|
|
|
| 71,418,349 |
| 77,146,077 |
| 69,870,200 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|