OREANDA-NEWS. March 27, 2012. Banco Indusval S.A. (BI&P - Banco Indusval & Partners) (BM&FBOVESPA: IDVL3 and IDVL4) informs the filing with the CVM and the disclosure at the Company's Investor Relations website (www.bip.b.br/ir) of the Consolidated Financial Report for Fiscal Year 2011 prepared under the international accounting standards - International Financial Reporting Standards (IFRS), issued by the International Accounting Standards Board (IASB).

The reconciliations of the Brazilian accounting standards (BR GAAP) and the international standards (IFRS), for the Shareholders' Equity as of Dec. 31, 2011 and the consolidated Net Result for 2011, are herewith attached.

Reconciliation of the Brazilian accounting standards (BR GAAP) and the international standards (IFRS), for the Shareholders' Equity as of Dec. 31, 2011

 

2011

Shareholders' Equity in BRGAAP

577,135

Adjustments to IFRS, net of taxes

5,720

Adjustments to IFRS from previous years

6,197

Adjustment to fair value of assets for sale

10

Accrual of income from Assigned loan portfolios with substantial retention of risks and

 

benefits

606

Reversal of provisions for impaired non-operating assets ( assets not in use)

1,700

Deferral of bank fees and commissions by the effective interest rate method

14

Reversal of unearned income from past-due operations

513

Derivatives in foreign exchange transactions and fair value

146

Impairment of loans and advances

(660)

Acquisition of Related Company - Sertrading

(416)

Loss in equity for repurchase of shares of the brokerage firm

(2,391)

Equity attributable to controlling stockholders under IFRS

582,855

Non-controlling interests under IFRS

-

Consolidated equity under IFRS

582,855

Reconciliation of the Brazilian accounting standards (BR GAAP) and the international standards (IFRS), for the Consolidated Net Income for the Fiscal Year 2011

 

2011

Net Loss in BRGAAP

(31,745)

IFRS adjustments, net of taxes

1,725

Accrual of income from Assigned loan portfolios with substantial retention of risks

 

and benefits

606

Reversal of provision for non-operating assets impairment (assets not in use)

1,700

Deferral of bank fees and commissions by the effective interest rate method

14

Reversal of unearned income from past-due operations

513

Derivatives in foreign exchange transactions and fair value

146

Impairment of loans and advances

(660)

Ineffective portion of cash flow hedge

(143)

Acquisition of Related Company - Sertrading

(416)

Results of non-controlling shareholders prior to the repurchase of total shares of

the Brokerage firm

(36)

Net Loss in IFRS

(30,020)

Other comprehensive income

5,348

Adjustment to fair value of assets for sale

(810)

Change in fair value of cash flow hedging instruments

6,158

Total Comprehensive income in IFRS

(24,672)