Banco Santander (brasil) S.a. · BMFBOVESPA:SANB3
Banco Santander (brasil) — Presentation (January 2020)
12 slides from Banco Santander (brasil)'s investor presentation, Jan 29, 2020
Slide 1: Corporate Governance: Board of Directors resolutions
1) Last updated on December 12th, 2019. 2) Last updated on August 14th, 2019. 6) Corporate Governance The Board of Directors of Banco Santander has met and resolved: On January 28, 2020, to approve Banco Santander's Individual and Consolidated Financial Statements, prepared in accordance with accoun
Slide 2: Independent auditor's report: Opinion
(A free translation of the original in Portuguese) Independent auditor's report ‘To the Board of Directors and Stockholders. Banco Santander (Brasil) S.A. Opinion We have audited the accompanying parent company financial statements of Banco Santander (Brasil) S.A. ("Bank"), which comprise the balanc
Slide 3: Basis for opinion
Basis for opinion We condusted our aut in accordance with Brazilian and International Standards on Auiting. Our responsibilities under those standards are further described in the Auditor's Responsibilities for the Audit of the Parent Company and Consolidated Financial Statements section of our repo
Slide 4: Key audit matters: Allowance for loan losses
ur audit for the year ended December 31, 2019 was planned and performed taking into consideration that the Bank and the Consolidated operations did not present significant changes compared to the prior ‘year. In this contest, except forthe exclusion ofthe key audit matters regarding post-employment
Slide 5: Provisions for contingent liabilities
Provisions for contingent liabilities (Notes 3(q) and 22) The Bank an ts subsidiaries ae paris in egal and. We updated our understanding and we tested the administrative tax, labor, and civil proceedings arising from the normal course of their business. In general, these proceedings are terminated a
Slide 6: Why it is a key audit matter
Whyitisa key audit matter the measurement bases require the udmen ofthe Bank's management, which is periodically reassessed, including when preparing the financial statements, and considering new events. In these éireumstances, we focused again on this area in our We tested the application of the ma
Slide 7: Measurement of the fair value of certain financial instruments and derivatives
Measurement of the fair value of certain financial instruments and derivatives with low liquidity and without an active market Giotes 3(6), a(@), 3(h) and 6) {In our audit, we focused again on the measurement Of the fair value of financial instruments with low liquidity and no active market due to i
Slide 8: Information technology environment
Whyitisa keyaudit matter Tow the matter was addressed in the audit Information technology environment (Note a(d)) ‘The Bank has a business environment that is highly dependent on technology, requiring a complex infrastructure to support the high volume of ‘transactions processed daily in its several
Slide 9: Statements of value added
Statements of value added ‘The parent company and consolidated statements of value added for the year ended December 31, 2019, prepared under the responsibility of the Bank's management and presented as supplementary information {for purposes of the BACEN, were submitted to audit procedures executed
Slide 10: Management Report and responsibilities of management
In connection with the audit ofthe parent company and consolidated financial statements, our responsibility is to read the Management Report and, in doing so, consider whether this report is ‘materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise ap
Slide 11: Auditor's responsibilities for the audit
+ Identify and assess the risks of material misstatement of the parent company and consolidated financial statements, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our
Slide 12: Free Translation into English from the Original
(Free Translation into English from the Original Previously Issued in Portuguese)
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