Mercantil Banco Universal :: Relaciones con Inversionistas

Balance Sheet - Mercantil Servicios Financieros

In Million Bolivars
In Million US$

	Jun 30 2011	Dec 31 2010	Dec 31 2009	Dec 31 2008	Dec 31 2007
Total Assets	87,599	79,383	53,075	46,830	39,050
Loan Portfolio (net)	48,889	42,928	27,138	22,219	19,338
Deposits	69,038	62,367	42,848	36,211	31,288
Total Shareholders' Equity	9,139	8,513	4,480	4,089	3,408

	Jun 30 2011	Dec 31 2010	Dec 31 2009	Dec 31 2008	Dec 31 2007
Total Assets	20,423	18,507	24,748	21,836	18,208
Loan Portfolio (net)	11,399	10,008	12,654	10,361	9,.017
Deposits	16,095	14,540	19,980	16,884	14,589
Total Shareholders' Equity	2,130	1,985	2,275	1,906	1,589
Exchange Rate	4,289.3	4.2893	2.1446	2.1446	2.1446

Income Statement

In Million Bolivars
In Million US$

	Jun 30 2011	Dec 31 2010	Dec 31 2009	Dec 31 2008	Dec 31 2007
Net Financial Margin	1,944	2,810	2,020	2,283	1,951
Commissions and Other Income	1,224	3,229	1,381	1,212	856
Total Operating Expenses	2,531	3,951	2,834	2,546	2,020
Net Income for the Year	790	2,176	796	959	783
(1) Includes Bs.F 50 Million from the new Mercantil Employee savings scheme.

	Jun 30 2011	Dec 31 2010	Dec 31 2009	Dec 31 2008	Dec 31 2007
Net Financial Margin	453	784	942	1.027	909
Commissions and Other Income	285	901	644	566	399
Total Operating Expenses	588	1,103	1,321	1,187	942
Net Income for the Year	184	607	371	447	365
Year average exchange rate	4,.289.3	3.5827	2.1446	2.1446	2.1446
(*) Includes Bs.F 50 Million from the new Mercantil Employee savings scheme. (1) Figures in US$ converted at the exchange rate at the end of the period on June 30, 2011: Bs. 4,2893/US$1 (controlled) (2) Figures in US$ converted at the average exchange rate for the period: Bs. 4,2893/US$1 (controlled)

Indicators (%)

(2) In accordance with the standards of the Venezuelan National Securities Superintendency (SNV).
(3) Calculated using Consolidated Financial Statements adjusted for inflation up to 1999, in accordance with International Accounting Standard no. 29 (IAS-29) and following the standards of the Basel Committee on Banking Supervision of the Bank for International Settlements.

Other Indicators (Number)

	Jun30 2011	Dec 31 2010	Dec 31 2009	Dec 31 2008	Dec 31 2007
Number of Employees
In Venezuela	8,326	8,206	8,961	9,215	9,114
Abroad	847	828	872	965	1,018
Banking Distribution Network
Branches in Venezuela	305	306	329	325	319
Foreign Branches	22	22	21	20	20
Representative Offices	5	5	5	6	6
Insurance Distribution Network	33	33	32	31	32
Number of Automatic Teller Machines (ATMs)	1,337	1,344	1,379	1,435	1,436
Number of Point of Sale Terminals (POS)⁽⁴⁾	40,701	40,427	41,027	37,655	32,278

(4)Physical points of sale

In Million Bolivars F.	In Million US$