Latin 100 1997: Methodology and Definitions
The ranking was compiled in conjunction with IBCA Limited. All information was supplied by IBCA from banks' consolidated annual reports for the years 1995 and 1996.
Only those institutions whose primary business is taking deposits are eligible for inclusion. Figures are presented, where possible, in consolidated form, including data from non-banking activites. Banks which are owned by other financial institutions are not listed separately, but are consolidated in the parent's figures. Banking groups are limited, however, to those where the parent holds management control over subsidiaries.
Shareholders' equity: the sum of the following: issued common stock, capital surplus/premium, statutory reserve, legal reserve, revaluation reserve, contigency reserves, retained earnings, net profit for the year and minority interest. Treasury stock and distributions payable are subtracted from the total. Where consolidated data are used, shareholder equity includes group equity attributable to minorities.
Total assets: as reported in financial statements, net of contra accounts and of eliminations, such as deduction of own shares held.
Net income: as reported in financial statements, after taxes, where possible, including extraordinary items and minority share of group earnings.