← BANCO SANTANDER CHILE
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | |||||||||||
| NET INCOME FOR THE YEAR | $478.4b | $575.2b | $599.7b | $621.3b | $552.7b | $852.4b | $807.5b | $593.8b | $859.9b | $1.0t | |
| Adjustments for non-cash items included in net income | ($1.1t) | ($1.2t) | ($1.2t) | ($1.1t) | ($1.2t) | ($1.4t) | ($1.5t) | ($1.3t) | ($1.6t) | ($1.8t) | |
| Other Adjustments To Reconcile Profit Loss | $4.2b | ($29.9b) | ($8.3b) | ($67.0m) | $9.7b | $12.8b | $36.6b | ($6.6b) | $11.7b | ($87.3b) | |
| Depreciation and amortization | $65.4b | $77.8b | $79.3b | $106.1b | $109.4b | $122.1b | $123.0b | $143.8b | $141.4b | $135.2b | |
| Changes in deferred taxes | ($37.3b) | ($6.8b) | ($25.5b) | $37.4b | ($28.5b) | $226.8b | ($52.2b) | ($131.2b) | $12.7b | ($38.8b) | |
| Additional Financial Items | |||||||||||
| Parent Company | ($142.8b) | ($168.8b) | ($178.6b) | ($185.7b) | $164.3b | $252.7b | $237.7b | — | — | — | |
| Adjustments For Gain Loss On Disposal Of Investments In Subsidiaries Joint Ventures And Associates | — | — | — | — | — | — | — | — | $1.9b | $0 | |
| Adjustments For Undistributed Profits Of Associates | $3.0b | $4.0b | $5.1b | $1.1b | $1.4b | $2.4b | $10.3b | $8.8b | $8.5b | $9.3b | |
| General And Administrative Expense | — | — | — | — | — | $397.7b | $414.8b | $412.3b | $398.8b | $412.9b | |
| Goodwill | — | — | — | — | — | — | — | — | $0 | $0 | |
| Increase Decrease In Working Capital | ($259.9b) | $158.3b | $888.8b | ($982.8b) | $1.9t | $2.5t | ($2.0t) | ($940.6b) | ($609.9b) | ($413.4b) | |
| Interest Received Classified As Operating Activities | $2.1t | $2.1t | $2.2t | $2.3t | $2.2t | $2.9t | $4.1t | $4.7t | $5.0t | $4.2t | |
| Payments Of Lease Liabilities Classified As Financing Activities | — | — | — | — | — | — | $31.1b | $3.6b | $7.6b | $30.8b | |
| Proceeds From Issuing Shares | — | — | — | — | — | — | $102.5b | — | $0 | $0 | |
| Purchase Of Intangible Assets Classified As Investing Activities | $27.3b | $32.6b | $29.6b | $32.9b | $35.2b | $28.8b | $54.9b | $45.1b | $44.6b | $52.9b | |
| Purchase Of Interests In Associates | $1.1b | $3.0m | — | $62.1b | — | $7.5b | — | — | — | — | |
| Provision for loan losses | — | — | $405.9b | $406.0b | $553.2b | $368.1b | $447.1b | $429.9b | $658.5b | $768.0b | |
| Mark to market of trading investments | ($2.7b) | $1.4b | $1.4b | $40.0b | $43.6b | ($18.0b) | ($20.2b) | ($125.6b) | ($45.4b) | ($820.0m) | |
| Income from investments in associates and other companies | ($3.0b) | ($4.0b) | ($5.1b) | ($1.1b) | ($1.4b) | ($2.4b) | ($10.3b) | ($8.8b) | ($8.5b) | ($9.3b) | |
| Net gain on sale of assets received in lieu of payment | — | — | ($7.1b) | ($5.6b) | ($5.9b) | ($5.5b) | ($4.4b) | ($8.5b) | ($4.0b) | ($9.1b) | |
| Provision on assets received in lieu of payment | $9.2b | $3.9b | $816.0m | $1.8b | $1.5b | $349.0m | $743.0m | ($858.0m) | $95.0m | $2.8b | |
| Net interest income | ($1.3t) | ($1.3t) | ($1.4t) | ($1.4t) | ($1.6t) | ($1.8t) | ($1.6t) | ($1.1t) | ($1.8t) | ($2.0t) | |
| Net fee and commission income | ($254.4b) | ($279.1b) | ($290.9b) | ($287.1b) | ($267.3b) | ($332.8b) | ($407.3b) | ($502.6b) | ($547.1b) | ($595.8b) | |
| Other non-cash items | $4.2b | ($29.9b) | ($8.3b) | ($67.0m) | $9.7b | $12.8b | $36.6b | ($6.6b) | $11.7b | ($87.3b) | |
| Increase/decrease in operating assets and liabilities | $1.3t | $206.7b | $1.7t | $2.3t | $193.0b | $942.0m | $289.9b | $2.0t | $1.2t | $845.7b | |
| (Increase)/decrease of loans and accounts receivables from customers, net | ($1.6t) | ($629.6b) | ($2.7t) | ($2.4t) | ($1.7t) | ($2.2t) | ($2.0t) | ($2.0t) | ($549.1b) | $427.9b | |
| (Increase)/decrease of financial investments | ($1.4t) | $725.6b | $588.9b | ($1.8t) | ($3.0t) | ($3.0t) | ($647.5b) | ($1.9t) | $4.6t | ($1.6t) | |
| Decrease/ (increase) of interbank loans | — | — | — | $232.0m | ($4.1b) | $18.5b | ($32.5b) | ($35.4b) | $37.1b | ($36.8b) | |
| Decrease/(increase) of assets received or awarded in lieu of payment | $18.2b | $4.1b | $722.0m | ($1.5b) | $8.3b | $4.8b | ($1.5b) | ($5.7b) | ($21.1b) | ($20.4b) | |
| Increase/(decrease) of debits in customers checking accounts | $268.7b | $128.0b | $521.5b | $1.3t | $3.2t | $3.0t | ($2.7t) | ($697.2b) | $883.7b | ($224.1b) | |
| (Decrease)/increase of time deposits and other time liabilities | $968.9b | ($1.2t) | $1.2t | $125.0b | ($2.6t) | ($450.7b) | $2.8t | $3.2t | $960.7b | ($604.8b) | |
| (Decrease)/increase of obligations with domestic banks | $365.4b | ($365.0b) | ($480.0m) | $271.6b | ($54.5b) | ($215.9b) | $40.1b | $4.9b | $6.1b | ($22.3b) | |
| Increase/(decrease) of other demand liabilities or time obligations | — | — | — | $257.0b | $842.1b | $190.1b | ($756.3b) | ($162.3b) | $61.3b | $50.7b | |
| Increase/(decrease) of obligations with foreign banks | $243.4b | $146.9b | $90.8b | $459.6b | ($1.1t) | $2.1t | $25.4b | $1.0t | $14.2b | ($881.5b) | |
| Increase/(decrease) of obligations with Central Bank of Chile | $3.0m | ($2.0m) | ($5.0m) | — | $5.0t | $652.2b | ($27.4b) | $464.8b | ($6.0t) | $0 | |
| (Decrease)/increase of obligations under repurchase agreements | — | — | — | $331.5b | $589.8b | ($883.2b) | $228.7b | ($32.8b) | ($6.0b) | $2.5t | |
| (Decrease)/increase in other financial liabilities | $19.5b | $2.0b | ($26.6b) | $11.0b | ($42.0b) | ($1.4b) | $110.1b | $3.3b | ($95.7b) | $23.8b | |
| (Decrease)/increase of other assets and liabilities | $259.9b | ($158.3b) | ($888.8b) | $982.8b | ($1.9t) | ($2.5t) | $2.0t | $940.6b | $609.9b | $413.4b | |
| Redemption of letters of credit | ($16.6b) | ($11.8b) | ($9.0b) | ($7.0b) | ($6.2b) | ($4.8b) | ($3.7b) | ($2.6b) | ($1.0b) | ($166.0m) | |
| Senior bond issuances | $3.5t | $911.6b | $1.2t | $1.9t | $1.2t | $1.5t | $461.2b | $775.2b | $692.0b | $2.2t | |
| Redemption of senior bonds and payments of interest | ($2.5t) | ($1.2t) | ($289.8b) | ($714.8b) | ($2.6t) | ($6.5b) | ($1.2t) | ($266.8b) | ($1.2t) | ($2.6t) | |
| Redemption of mortgage bonds and payments of interest | ($5.5b) | ($5.7b) | ($5.9b) | ($6.1b) | ($6.3b) | ($289.2b) | ($6.7b) | ($7.5b) | ($8.6b) | ($10.4b) | |
| Redemption of perpetual bond and payments of interest | — | — | — | — | — | — | ($28.3b) | ($28.2b) | ($30.8b) | ($30.6b) | |
| Payment of interest on lease obligations | — | — | — | — | — | — | ($31.1b) | ($3.6b) | ($7.6b) | ($30.8b) | |
| Interest received | $2.1t | $2.1t | $2.2t | $2.3t | $2.2t | $2.9t | $4.1t | $4.7t | $5.0t | $4.2t | |
| Fees and commissions received | $431.2b | $455.6b | $484.5b | $498.7b | $451.2b | $578.6b | $729.1b | $621.3b | $692.0b | $760.8b | |
| Fees and commissions paid | ($176.8b) | ($176.5b) | ($193.6b) | ($211.6b) | ($183.9b) | ($245.9b) | ($321.8b) | ($304.8b) | ($278.9b) | ($444.8b) | |
| Purchases of intangible assets | ($27.3b) | ($32.6b) | ($29.6b) | ($32.9b) | ($35.2b) | ($28.8b) | ($54.9b) | ($45.1b) | ($44.6b) | ($52.9b) | |
| Placement of subordinated bond | — | — | — | — | $475.4b | — | $102.5b | $0 | $0 | $0 | |
| Lease obligations paid | — | — | — | ($30.1b) | ($42.0b) | ($46.0b) | ($21.8b) | ($30.1b) | ($25.4b) | ($20.8b) | |
| Provision for loan losses for cash flow purposes | $420.4b | $385.8b | $405.9b | $406.0b | $553.2b | $368.1b | $447.1b | $429.9b | ($658.5b) | ($768.0b) | |
| Recovery of loans previously charged off | ($78.3b) | ($83.5b) | ($88.5b) | ($82.7b) | ($74.9b) | ($77.0b) | ($90.6b) | ($107.1b) | $153.9b | $192.6b | |
| Provision for loan losses – net | $342.1b | $302.3b | $317.4b | $323.3b | $478.3b | $291.1b | $356.5b | $322.8b | ($504.6b) | ($575.3b) | |
| Profit or Loss | $478.4b | $575.2b | $599.7b | $621.3b | $552.7b | $852.4b | $807.5b | $593.8b | $859.9b | $1.0t | |
| Total cash flow used in investment activities | ($90.2b) | ($73.5b) | ($91.6b) | ($135.4b) | ($70.1b) | ($91.8b) | ($94.6b) | ($117.8b) | ($106.6b) | ($104.9b) | |
| Total cash flow used in financing activities | ($336.7b) | ($330.6b) | ($423.6b) | ($385.3b) | $102.1b | $238.7b | ($384.3b) | ($515.3b) | ($372.8b) | ($621.1b) | |
| Proceeds From Sales Of Property Plant And Equipment Classified As Investing Activities | $560.0m | $17.9b | $6.3b | $8.7b | $15.7b | $2.5b | $18.7b | $1.6b | $1.1b | $32.6b | |
| Purchases of property, plant, and equipment | ($62.4b) | ($58.8b) | ($68.3b) | ($51.0b) | ($50.6b) | ($58.0b) | ($58.4b) | ($76.4b) | ($63.2b) | ($84.7b) | |
| Net sale on sale of investment in associates and other companies | — | — | — | — | — | — | $0 | $0 | ($1.9b) | $0 | |
| Cash flows from financing activities: | |||||||||||
| Dividends paid | ($142.8b) | ($168.8b) | ($178.6b) | ($185.7b) | $164.3b | $252.7b | $237.7b | ($485.2b) | ($347.5b) | ($600.3b) | |
| Dividends Paid Classified As Financing Activities | $336.7b | $330.6b | $423.6b | $355.1b | $331.3b | $310.5b | $465.0b | $485.2b | $347.5b | $600.3b | |
| Dividends Paid Ordinary Shares Per Share | $1.75 | — | $2.25 | $1.89 | $0.88 | — | — | — | — | — | |
| Dividends Recognised As Distributions To Owners Of Parent Relating To Current Year | ($206.1b) | ($188.1b) | ($254.8b) | ($176.5b) | $145.8b | $146.2b | $212.2b | $485.2b | $347.5b | $600.3b | |
| Dividends Recognised As Distributions To Owners Of Parent Relating To Prior Years | — | — | — | — | — | — | — | — | $0 | — | |
| Dividends received from investments in other companies | $217.0m | $116.0m | $38.0m | $130.0m | $508.0m | $506.0m | $526.0m | $2.9b | $966.0m | $3.4b | |
| E – EFFECTS OF FOREIGN EXCHANGE RATE FLUCTUATIONS | ($150.3b) | ($31.4b) | $114.5b | $126.7b | ($28.7b) | $437.6b | $25.9b | ($1.8b) | $7.3b | ($7.3b) | |
| D – NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS DURING THE YEAR | $309.3b | ($820.5b) | $507.3b | $1.3t | ($788.0b) | ($440.3b) | ($837.9b) | $682.6b | $3.0b | ($670.6b) | |
| F - INITIAL BALANCE OF CASH AND CASH EQUIVALENTS | $2.5t | $1.6t | $2.3t | $3.7t | $3.0t | $2.9t | $2.1t | $2.8t | $2.8t | $2.1t | |
| Interest Paid Classified As Financing Activities | ($855.7b) | ($731.8b) | ($829.9b) | ($904.4b) | ($638.5b) | ($1.1t) | $45.4t | $48.0t | $46.4t | $43.7t | |
| Interest Paid Classified As Operating Activities | $855.7b | $731.8b | $829.9b | $904.4b | $638.5b | $1.1t | $2.5t | $4.1t | $4.1t | $3.2t |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.