We present below the main figures obtained by Bradesco in 2007. Our Report on Economic and Financial Analysis with the complete Financial Statements is available on Bradesco's website www.bradesco.com.br.
1. The Net Income of 2007 stood at R$8.010 billion (a 58.5% growth compared to the income of R$5.054 billion of the same period of 2006), corresponding to R$3.97 EPS and profitability of 31.4% on the Average Stockholders' Equity*. The Net Income of 4Q07 stood at R$2.193 billion (a 21.2% growth compared to the income of R$1.810 billion in 3Q07).
2. The origin of the income is comprised of R$5.655 billion stemming from financial activities, which correspond to 71% of the Net Income and R$2.355 billion generated by Insurance, Private Pension Plans and Certificated Savings Plans activities, which represented 29% of the Net Income.
3. Bradesco's Market Capitalization grew by 29.1% compared to the same period of the previous year, reaching R$109.463 billion in December 2007.
4. Our Total Assets, at the end of the period, recorded a balance of R$341.184 billion, a 28.5% growth compared to December 2006. The annualized return on average Total Assets stood at 2.7%, higher than the 2.2% recorded in the same period of the previous year.
5. The total loan portfolio (considering sureties, guarantees and credit cards receivables) reached R$161.407 billion, a 38.9% growth compared to the same period of the previous year. Loans to individuals totaled R$59.277 billion (a 34.2% growth), while operations to corporate clients reached R$102.130 billion (a 41.7% growth).
6. Funds raised and managed added up to R$484.265 billion, a 25.3% growth over the R$386.586 billion of December 2006.
7. The Stockholders' Equity added up to R$30.357 billion, a 23.2% growth on the same period of the previous year. The Capital Adequacy Ratio in December 2007 stood at 14.0%.
8. Remuneration to Stockholders, in the period, as Interest on Own Capital/Dividends paid and provisioned, added up to R$2.823 billion, equivalent to 35.2% of the Net Income of 2007.
9. The Efficiency Ratio in Dec/07 stood at 41.8%, an improvement of 0.3 p.p. compared to the 42.1% obtained in Dec/06.
10. In 2007, investments in Infrastructure, Information Technology and Telecommunications amounted to R$2.099 billion, a growth of R$273 million compared to the previous year.
11. Taxes and contributions, including social security, paid or provisioned in the period, stemming from the main activities developed by Bradesco Organization, totaled R$6.795 billion, equivalent to 84.8% of the Net Income.
12. Bradesco is Brazil's largest private customer service network, with 3,160 Branches, 25,974 ATMs of the Bradesco Dia&Noite (Day&Night) Network, 3,939 ATMs of the Banco24Horas (24HourBank) Network, 11,539 Bradesco Expresso Outlets, 5,821 Banco Postal Branches, 2,776 Mini Branches and 375 Branches of Finasa Promotora de Vendas.
13. On November 14, started-up the activities of Bradesco's Brokerage Firm in London, England, called Bradesco Securities UK Limited, which operates as a Broker Dealer, focusing on the intermediation of fixed income and equity products of Brazilian companies to European/Global institutional investors.
14. On 01.04.08, all matters discussed at the Special Stockholders' Meeting held on this date were approved, such as the increase of the Capital Stock in the amount of R$1,200,000,000.00, upon the issuance of 27,906,977 new non-par registered book-entry stocks, with 13,953,489 common stocks and 13,953,488 preferred stocks, to be subscribed by stockholders in the period of 01.22 to 02.22.08 at the price of R$43.00 per stock. Such increase will be followed by the payment of Supplementary Interest on Own Capital and Dividends in the amount of R$1,988,150,000.00, declared on 12.28.07, which will be paid on the same date (03.17.08) of the payment of stocks.
15. Fundacao Bradesco is dedicated, for more than 50 years, to the education of low-income children, adolescents and adults. Since its creation, it has provided free and quality education to around 2 million students which, added to distance courses, exceeded 2.5 million assistances. This year, it invested more than R$200.9 million, providing free education to more than 109 thousand students. -- Banco Bradesco S.A.
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