SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
Report of Foreign Private Issuer
Pursuant to Rule 13a-16 Or 15d-16 Of The
Securities Exchange Act of 1934
For the month of September, 2004
BANCO LATINOAMERICANO DE EXPORTACIONES, S.A.
(Exact name of Registrant as specified in its Charter)
LATIN AMERICAN EXPORT BANK
(Translation of Registrant's name into English)
Calle 50 y Aquilino de la Guardia
Apartado 6-1497
El Dorado, Panama City
Republic of Panama
(Address of Registrant's Principal Executive Offices)
(Indicate by check mark whether the registrant files or will file annual reports
under cover of Form 20-F or Form 40-F.)
Form 20-F x Form 40-F __
(Indicate by check mark whether the registrant by furnishing the information
contained in this Form is also thereby furnishing information to the Commission
pursuant to Rule 12g-3-2(b) under the Securities Exchange Act of 1934.)
Yes __ No x
(If "Yes" is marked, indicate below the file number assigned to the registrant
in connection with Rule 12g3-2(b). 82__.)
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned, thereto duly authorized.
September 17, 2004
Banco Latinoamericano de Exportaciones, S.A.
By: /s/ Pedro Toll
-------------------
Name: Pedro Toll
Title: Deputy Manager
[SEAL]
August 30, 2004
BANCO LATINOAMERICANO DE EXPORTACIONES
BALANCE SHEETS* December 2003 and January to July 2004
(In Balboas)**
------------------------------------------------------------------------------------------------------------------------------------
2003
------------------------------------------------------------------------------------------------------------------------------------
Description Absolute % December January February
------------------------------------------------------------------------------------------------------------------------------------
LIQUID ASSETS 22,603,482.11 11.85 190,799,943.18 192,064,648.30 234,316,239.13
------------------------------------------------------------------------------------------------------------------------------------
Local Deposits in Banks -3,534.26 -2.28 154,867.09 148,473.17 172,395.85
------------------------------------------------------------------------------------------------------------------------------------
Demand -3,534.26 -2.28 154,867.09 148,473.17 172,395.85
------------------------------------------------------------------------------------------------------------------------------------
Time 0.00 0.00 0.00 0.00 0.00
------------------------------------------------------------------------------------------------------------------------------------
Foreign Deposits in Banks -45,522,288.77 -23.89 190,519,519.42 191,777,453.20 234,061,676.10
------------------------------------------------------------------------------------------------------------------------------------
Demand 2,076,747.34 288.24 720,483.31 3,182,508.52 2,934,580.72
------------------------------------------------------------------------------------------------------------------------------------
Time -47,599,036.11 -25.08 189,799,036.11 188,594,944.68 231,127,095.38
------------------------------------------------------------------------------------------------------------------------------------
Less Allowance 0.00 0.00 0.00 0.00 0.00
------------------------------------------------------------------------------------------------------------------------------------
Local 0.00 0.00 0.00 0.00 0.00
------------------------------------------------------------------------------------------------------------------------------------
Foreign 0.00 0.00 0.00 0.00 0.00
------------------------------------------------------------------------------------------------------------------------------------
Others -15,659.71 -12.47 125,556.67 138,721.93 82,167.18
------------------------------------------------------------------------------------------------------------------------------------
CREDIT PORTFOLIO -98,920,016.43 -5.70 1,735,136,671.38 1,729,608,465.58 1,677,488,314.06
------------------------------------------------------------------------------------------------------------------------------------
Local -82,686,029.31 -39.15 211,227,524.30 167,786,374.36 177,192,240.23
------------------------------------------------------------------------------------------------------------------------------------
Foreign -16,233,987.12 -1.07 1,523,909,147.08 1,561,822,091.22 1,500,296,073.83
------------------------------------------------------------------------------------------------------------------------------------
Less Allowance -37,658,089.28 -17.01 221,408,760.53 213,595,077.66 209,716,532.79
------------------------------------------------------------------------------------------------------------------------------------
Local -29,544,037.53 -27.91 105,866,145.18 100,059,570.12 95,403,704.25
------------------------------------------------------------------------------------------------------------------------------------
Foreign -8,114,051.75 -7.02 115,542,615.35 113,535,507.54 114,312,828.54
------------------------------------------------------------------------------------------------------------------------------------
INVESTMENT SECURITIES -1,727,163.41 -1.54 112,295,247.89 111,905,462.66 111,673,317.31
------------------------------------------------------------------------------------------------------------------------------------
Local 0.00 0.00 0.00 0.00 0.00
------------------------------------------------------------------------------------------------------------------------------------
Foreign -1,727,163.41 -1.54 112,295,247.89 111,905,462.66 111,673,317.31
------------------------------------------------------------------------------------------------------------------------------------
Less Allowance 0.00 0.00 0.00 0.00 0.00
------------------------------------------------------------------------------------------------------------------------------------
Local 0.00 0.00 0.00 0.00 0.00
------------------------------------------------------------------------------------------------------------------------------------
Foreign 0.00 0.00 0.00 0.00 0.00
------------------------------------------------------------------------------------------------------------------------------------
OTHER ASSETS 21,859,110.38 42.96 50,888,083.69 64,583,832.22 63,669,397.02
------------------------------------------------------------------------------------------------------------------------------------
Local -1,250,706.54 -20.27 6,170,009.76 5,967,530.86 6,004,000.34
------------------------------------------------------------------------------------------------------------------------------------
Foreign 23,109,816.92 51.68 44,718,073.93 58,616,301.36 57,665,396.68
------------------------------------------------------------------------------------------------------------------------------------
TOTAL ASSETS -124,329,552.20 -5.95 2,089,119,946.14 2,098,162,408.76 2,087,147,267.52
------------------------------------------------------------------------------------------------------------------------------------
DEPOSITS 24,420,217.55 4.75 514,414,316.03 518,360,985.90 521,737,597.31
------------------------------------------------------------------------------------------------------------------------------------
Local -3,206,396.53 -7.36 43,587,485.58 45,390,804.32 42,062,496.54
------------------------------------------------------------------------------------------------------------------------------------
Government 0.00 0.00 0.00 0.00 0.00
------------------------------------------------------------------------------------------------------------------------------------
Customers 0.00 0.00 0.00 0.00 0.00
------------------------------------------------------------------------------------------------------------------------------------
Demand 0.00 0.00 0.00 0.00 0.00
------------------------------------------------------------------------------------------------------------------------------------
Time 0.00 0.00 0.00 0.00 0.00
------------------------------------------------------------------------------------------------------------------------------------
Savings 0.00 0.00 0.00 0.00 0.00
------------------------------------------------------------------------------------------------------------------------------------
From Banks -3,206,396.53 -7.36 43,587,485.58 45,390,804.32 42,062,496.54
------------------------------------------------------------------------------------------------------------------------------------
Demand 3,816,396.78 83.04 4,595,824.32 6,094,329.66 6,101,933.23
------------------------------------------------------------------------------------------------------------------------------------
Time -7,022,793.31 -18.01 38,991,661.26 39,296,474.66 35,960,563.31
------------------------------------------------------------------------------------------------------------------------------------
Foreign 27,626,614.08 5.87 470,826,830.45 472,970,181.58 479,675,100.77
------------------------------------------------------------------------------------------------------------------------------------
Government 0.00 0.00 0.00 0.00 0.00
------------------------------------------------------------------------------------------------------------------------------------
Customers -56,295,800.05 -39.08 144,069,723.19 99,357,945.44 87,518,635.29
------------------------------------------------------------------------------------------------------------------------------------
Demand -1,621,938.32 -47.76 3,395,861.46 1,757,945.44 3,518,635.29
------------------------------------------------------------------------------------------------------------------------------------
Time -54,673,861.73 -38.87 140,673,861.73 97,600,000.00 84,000,000.00
------------------------------------------------------------------------------------------------------------------------------------
Savings 0.00 0.00 0.00 0.00 0.00
------------------------------------------------------------------------------------------------------------------------------------
From Banks 83,922,414.13 25.68 326,757,107.26 373,612,236.14 392,156,465.48
------------------------------------------------------------------------------------------------------------------------------------
Demand -1,004,166.39 -9.05 11,100,547.00 14,459,263.26 10,376,666.71
------------------------------------------------------------------------------------------------------------------------------------
Time 84,926,580.52 26.90 315,656,560.26 359,152,972.88 381,779,798.77
------------------------------------------------------------------------------------------------------------------------------------
BORROWINGS -185,841,088.76 -18.20 1,020,959,382.93 1,004,876,078.51 981,368,587.28
------------------------------------------------------------------------------------------------------------------------------------
Local 29,700.20 0.14 21,603,810.80 21,603,810.80 21,603,810.80
------------------------------------------------------------------------------------------------------------------------------------
Foreign -185,870,788.96 -18.60 999,355,572.13 983,272,267.71 959,764,776.48
------------------------------------------------------------------------------------------------------------------------------------
OTHER LIABILITIES 8,699,945.26 9.00 96,619,215.59 107,357,098.15 109,077,967.55
------------------------------------------------------------------------------------------------------------------------------------
Local -3,841,458.55 -12.66 30,347,173.08 31,567,311.00 35,806,705.76
------------------------------------------------------------------------------------------------------------------------------------
Foreign 12,541,403.81 18.92 66,272,042.51 75,789,787.15 73,271,261.79
------------------------------------------------------------------------------------------------------------------------------------
STOCKHOLDERS' EQUITY 28,391,373.75 6.21 457,127,031.59 467,568,246.20 474,963,115.38
------------------------------------------------------------------------------------------------------------------------------------
Capital -6.37 0.00 328,225,212.57 328,225,212.57 328,225,212.57
------------------------------------------------------------------------------------------------------------------------------------
Capital Reserves 0.00 0.00 16,609,728.78 16,609,728.78 16,609,728.78
------------------------------------------------------------------------------------------------------------------------------------
Other Reserves 0.00 0.00 0.00 0.00 0.00
------------------------------------------------------------------------------------------------------------------------------------
Retained Earnings 97,816,091.12 14,720.27 664,499.09 102,415,864.02 102,415,864.02
------------------------------------------------------------------------------------------------------------------------------------
Net Income -69,707,057.01 -68.51 101,751,364.93 10,593,177.01 17,792,214.06
------------------------------------------------------------------------------------------------------------------------------------
Gain or Loss in Securities
available for sale 282,346.01 2.86 9,876,226.22 9,724,263.82 9,920,095.95
------------------------------------------------------------------------------------------------------------------------------------
LIABILITIES AND STOCKHOLDER'S EQUITY -124,329,552.20 -5.95 2,089,119,946.14 2,098,162,408.76 2,087,147,267.52
------------------------------------------------------------------------------------------------------------------------------------
0.00 0.00 0.00
------------------------------------------------------------------------------------------------------------------------------------
2004
------------------------------------------------------------------------------------------------------------------------------------
Description March April May June July
------------------------------------------------------------------------------------------------------------------------------------
LIQUID ASSETS 132,229,195.34 145,258,460.44 153,847,073.92 189,637,852.74 213,403,425.29
------------------------------------------------------------------------------------------------------------------------------------
Local Deposits in Banks 148,973.07 151,332.83 804,092.05 161,327.61 151,562.45
------------------------------------------------------------------------------------------------------------------------------------
Demand 148,973.07 151,332.83 804,092.05 161,327.61 151,562.45
------------------------------------------------------------------------------------------------------------------------------------
Time 0.00 0.00 0.00 0.00 0.00
------------------------------------------------------------------------------------------------------------------------------------
Foreign Deposits in Banks 131,933,367.96 144,997,230.65 152,964,580.58 189,407,623.34 213,040,396.13
------------------------------------------------------------------------------------------------------------------------------------
Demand 2,833,367.96 2,797,230.65 1,764,580.58 1,707,623.34 41,240,396.13
------------------------------------------------------------------------------------------------------------------------------------
Time 129,100,000.00 142,200,000.00 151,200,000.00 187,700,000.00 171,800,000.00
------------------------------------------------------------------------------------------------------------------------------------
Less Allowance 0.00 0.00 0.00 0.00 0.00
------------------------------------------------------------------------------------------------------------------------------------
Local 0.00 0.00 0.00 0.00 0.00
------------------------------------------------------------------------------------------------------------------------------------
Foreign 0.00 0.00 0.00 0.00 0.00
------------------------------------------------------------------------------------------------------------------------------------
Others 146,854.31 109,896.96 78,401.29 68,901.79 211,466.71
------------------------------------------------------------------------------------------------------------------------------------
CREDIT PORTFOLIO 1,645,045,191.99 1,636,216,654.95 1,688,616,702.20 1,714,260,384.06 1,490,931,500.86
------------------------------------------------------------------------------------------------------------------------------------
Local 135,583,600.56 128,541,494.99 184,995,042.99 225,661,204.29 293,413,671.09
------------------------------------------------------------------------------------------------------------------------------------
Foreign 1,509,461,591.43 1,507,675,159.96 1,503,621,659.21 1,488,599,179.77 1,381,268,501.02
------------------------------------------------------------------------------------------------------------------------------------
Less Allowance 202,912,084.41 202,495,059.20 190,678,766.24 183,730,089.95 183,750,671.25
------------------------------------------------------------------------------------------------------------------------------------
Local 93,512,343.92 88,127,539.49 85,023,960.29 81,357,676.95 76,322,107.65
------------------------------------------------------------------------------------------------------------------------------------
Foreign 109,399,740.49 114,367,519.71 105,654,805.95 102,372,413.00 107,428,563.60
------------------------------------------------------------------------------------------------------------------------------------
INVESTMENT SECURITIES 112,447,442.98 110,568,084.48 109,614,880.51 106,486,356.60 103,416,671.19
------------------------------------------------------------------------------------------------------------------------------------
Local 0.00 0.00 0.00 0.00 0.00
------------------------------------------------------------------------------------------------------------------------------------
Foreign 112,447,442.98 110,568,084.48 109,614,880.51 106,486,356.60 103,416,671.19
------------------------------------------------------------------------------------------------------------------------------------
Less Allowance 0.00 0.00 0.00 0.00 0.00
------------------------------------------------------------------------------------------------------------------------------------
Local 0.00 0.00 0.00 0.00 0.00
------------------------------------------------------------------------------------------------------------------------------------
Foreign 0.00 0.00 0.00 0.00 0.00
------------------------------------------------------------------------------------------------------------------------------------
OTHER ASSETS 61,241,400.29 72,747,194.07 70,673,887.44 70,416,358.73 46,565,866.10
------------------------------------------------------------------------------------------------------------------------------------
Local 5,069,422.26 4,919,303.22 5,134,214.91 6,093,325.52 6,197,247.69
------------------------------------------------------------------------------------------------------------------------------------
Foreign 56,171,978.03 67,827,890.85 65,539,672.53 64,323,033.21 40,368,618.41
------------------------------------------------------------------------------------------------------------------------------------
TOTAL ASSETS 1,950,963,230.60 1,964,790,393.94 2,022,752,544.07 2,080,800,952.13 1,854,317,463.44
------------------------------------------------------------------------------------------------------------------------------------
DEPOSITS 535,697,217.51 538,834,533.58 582,122,023.34 669,596,704.02 537,955,464.21
------------------------------------------------------------------------------------------------------------------------------------
Local 36,870,785.38 40,381,089.05 42,482,045.73 40,401,692.21 20,666,566.29
------------------------------------------------------------------------------------------------------------------------------------
Government 0.00 0.00 0.00 0.00 0.00
------------------------------------------------------------------------------------------------------------------------------------
Customers 0.00 0.00 0.00 0.00 0.00
------------------------------------------------------------------------------------------------------------------------------------
Demand 0.00 0.00 0.00 0.00 0.00
------------------------------------------------------------------------------------------------------------------------------------
Time 0.00 0.00 0.00 0.00 0.00
------------------------------------------------------------------------------------------------------------------------------------
Savings 0.00 0.00 0.00 0.00 0.00
------------------------------------------------------------------------------------------------------------------------------------
From Banks 36,870,785.38 40,381,089.05 42,482,045.73 40,401,692.21 20,666,566.29
------------------------------------------------------------------------------------------------------------------------------------
Demand 5,906,842.96 8,412,221.10 7,417,202.75 4,421,814.59 4,925,918.91
------------------------------------------------------------------------------------------------------------------------------------
Time 30,963,942.42 31,968,867.95 35,064,842.98 35,979,877.62 15,740,647.38
------------------------------------------------------------------------------------------------------------------------------------
Foreign 498,826,432.13 498,453,444.53 539,639,977.61 629,195,011.81 517,288,897.92
------------------------------------------------------------------------------------------------------------------------------------
Government 0.00 0.00 0.00 0.00 0.00
------------------------------------------------------------------------------------------------------------------------------------
Customers 108,117,642.12 87,773,923.14 45,534,928.45 52,037,811.07 39,540,506.56
------------------------------------------------------------------------------------------------------------------------------------
Demand 5,117,642.12 1,773,923.14 1,534,928.45 1,536,131.07 1,540,506.56
------------------------------------------------------------------------------------------------------------------------------------
Time 103,000,000.00 86,000,000.00 44,000,000.00 50,501,680.00 38,000,000.00
------------------------------------------------------------------------------------------------------------------------------------
Savings 0.00 0.00 0.00 0.00 0.00
------------------------------------------------------------------------------------------------------------------------------------
From Banks 390,708,790.01 410,679,521.39 494,105,049.16 577,157,200.74 477,748,391.36
------------------------------------------------------------------------------------------------------------------------------------
Demand 9,899,421.12 10,096,380.61 11,761,030.48 10,387,983.75 8,583,231.66
------------------------------------------------------------------------------------------------------------------------------------
Time 380,809,368.89 400,583,140.78 482,344,018.68 566,769,216.99 469,165,159.70
------------------------------------------------------------------------------------------------------------------------------------
BORROWINGS 831,663,808.85 835,118,294.17 817,166,704.50 802,651,839.32 726,928,902.58
------------------------------------------------------------------------------------------------------------------------------------
Local 21,633,511.00 21,633,511.00 20,961,247.80 20,964,945.60 20,964,945.60
------------------------------------------------------------------------------------------------------------------------------------
Foreign 810,030,297.85 813,484,783.17 796,205,456.70 781,686,893.72 705,963,956.98
------------------------------------------------------------------------------------------------------------------------------------
OTHER LIABILITIES 100,999,864.50 105,319,160.85 125,660,212.69 109,764,565.96 88,319,498.56
------------------------------------------------------------------------------------------------------------------------------------
Local 26,668,458.77 26,505,714.53 52,876,428.71 29,275,648.24 9,425,978.05
------------------------------------------------------------------------------------------------------------------------------------
Foreign 74,331,405.73 78,813,446.32 72,783,783.98 80,488,917.72 78,893,520.51
------------------------------------------------------------------------------------------------------------------------------------
STOCKHOLDERS' EQUITY 482,602,339.74 485,518,405.34 497,803,603.54 498,787,842.83 501,113,598.09
------------------------------------------------------------------------------------------------------------------------------------
Capital 328,225,212.57 328,225,206.20 328,225,206.20 328,225,206.20 328,225,206.20
------------------------------------------------------------------------------------------------------------------------------------
Capital Reserves 16,609,728.78 16,609,728.78 16,609,728.78 16,609,728.78 16,609,728.78
------------------------------------------------------------------------------------------------------------------------------------
Other Reserves 0.00 0.00 0.00 0.00 0.00
------------------------------------------------------------------------------------------------------------------------------------
Retained Earnings 98,480,590.21 98,480,590.21 98,480,590.21 94,545,316.43 94,545,316.43
------------------------------------------------------------------------------------------------------------------------------------
Net Income 28,353,232.45 32,044,307.92 45,163,182.37 50,313,997.65 52,616,325.79
------------------------------------------------------------------------------------------------------------------------------------
Gain or Loss in Securities
available for sale 10,933,575.73 10,158,572.23 9,324,895.98 9,093,593.77 9,117,020.89
------------------------------------------------------------------------------------------------------------------------------------
LIABILITIES AND STOCKHOLDER'S EQUITY 1,950,963,230.60 1,964,790,393.94 2,022,752,544.07 2,080,800,952.13 1,854,317,463.44
------------------------------------------------------------------------------------------------------------------------------------
0.00 0.00 0.00 0.00
----------------------------------------------------------------------------------------------------------------------------
----------------------------------------------------------------------------------------------------------------------------
Description August September October November December
----------------------------------------------------------------------------------------------------------------------------
LIQUID ASSETS
----------------------------------------------------------------------------------------------------------------------------
Local Deposits in Banks
----------------------------------------------------------------------------------------------------------------------------
Demand
----------------------------------------------------------------------------------------------------------------------------
Time
----------------------------------------------------------------------------------------------------------------------------
Foreign Deposits in Banks
----------------------------------------------------------------------------------------------------------------------------
Demand
----------------------------------------------------------------------------------------------------------------------------
Time
----------------------------------------------------------------------------------------------------------------------------
Less Allowance
----------------------------------------------------------------------------------------------------------------------------
Local
----------------------------------------------------------------------------------------------------------------------------
Foreign
----------------------------------------------------------------------------------------------------------------------------
Others
----------------------------------------------------------------------------------------------------------------------------
CREDIT PORTFOLIO
----------------------------------------------------------------------------------------------------------------------------
Local
----------------------------------------------------------------------------------------------------------------------------
Foreign
----------------------------------------------------------------------------------------------------------------------------
Less Allowance
----------------------------------------------------------------------------------------------------------------------------
Local
----------------------------------------------------------------------------------------------------------------------------
Foreign
----------------------------------------------------------------------------------------------------------------------------
INVESTMENT SECURITIES
----------------------------------------------------------------------------------------------------------------------------
Local
----------------------------------------------------------------------------------------------------------------------------
Foreign
----------------------------------------------------------------------------------------------------------------------------
Less Allowance
----------------------------------------------------------------------------------------------------------------------------
Local
----------------------------------------------------------------------------------------------------------------------------
Foreign
----------------------------------------------------------------------------------------------------------------------------
OTHER ASSETS
----------------------------------------------------------------------------------------------------------------------------
Local
----------------------------------------------------------------------------------------------------------------------------
Foreign
----------------------------------------------------------------------------------------------------------------------------
TOTAL ASSETS
----------------------------------------------------------------------------------------------------------------------------
DEPOSITS
----------------------------------------------------------------------------------------------------------------------------
Local
----------------------------------------------------------------------------------------------------------------------------
Government
----------------------------------------------------------------------------------------------------------------------------
Customers
----------------------------------------------------------------------------------------------------------------------------
Demand
----------------------------------------------------------------------------------------------------------------------------
Time
----------------------------------------------------------------------------------------------------------------------------
Savings
----------------------------------------------------------------------------------------------------------------------------
From Banks
----------------------------------------------------------------------------------------------------------------------------
Demand
----------------------------------------------------------------------------------------------------------------------------
Time
----------------------------------------------------------------------------------------------------------------------------
Foreign
----------------------------------------------------------------------------------------------------------------------------
Government
----------------------------------------------------------------------------------------------------------------------------
Customers
----------------------------------------------------------------------------------------------------------------------------
Demand
----------------------------------------------------------------------------------------------------------------------------
Time
----------------------------------------------------------------------------------------------------------------------------
Savings
----------------------------------------------------------------------------------------------------------------------------
From Banks
----------------------------------------------------------------------------------------------------------------------------
Demand
----------------------------------------------------------------------------------------------------------------------------
Time
----------------------------------------------------------------------------------------------------------------------------
BORROWINGS
----------------------------------------------------------------------------------------------------------------------------
Local
----------------------------------------------------------------------------------------------------------------------------
Foreign
----------------------------------------------------------------------------------------------------------------------------
OTHER LIABILITIES
----------------------------------------------------------------------------------------------------------------------------
Local
----------------------------------------------------------------------------------------------------------------------------
Foreign
----------------------------------------------------------------------------------------------------------------------------
STOCKHOLDERS' EQUITY
----------------------------------------------------------------------------------------------------------------------------
Capital
----------------------------------------------------------------------------------------------------------------------------
Capital Reserves
----------------------------------------------------------------------------------------------------------------------------
Other Reserves
----------------------------------------------------------------------------------------------------------------------------
Retained Earnings
----------------------------------------------------------------------------------------------------------------------------
Net Income
----------------------------------------------------------------------------------------------------------------------------
Gain or Loss in Securities
available for sale
----------------------------------------------------------------------------------------------------------------------------
LIABILITIES AND STOCKHOLDER'S EQUITY
----------------------------------------------------------------------------------------------------------------------------
* Includes only Panama - New York accounts.
**Monetary unit at par and equivalent with US$ dollars.
This is a free translation from Spanish original version, taken from the monthly
publication of the Republica de Panama Superintendencia de Bancos (website:
http://www.superbancos.gob.pa).
[SEAL]
2 de septiembre de 2004
ESTADO DE RESULTADO
BANCO LATINOAMERICANO DE EXPORTACIONES, S.A.
ENERO - JULIO 2004
(En Balboas)
------------------------------------------------------------------------------------------------------------------------------------
Descripcion Enero Febrero Marzo Trimestre I Abril Mayo
------------------------------------------------------------------------------------------------------------------------------------
Ingresos Por Intereses 6,554,346.26 4,920,235.16 5,734,864.07 17,209,445.49 6,380,969.21 4,264,633.98
------------------------------------------------------------------------------------------------------------------------------------
Prestamos 5,806,089.31 4,357,928.60 5,135,119.62 15,299,137.53 5,863,136.60 3,739,030.99
------------------------------------------------------------------------------------------------------------------------------------
Depositos 134,326.48 151,395.63 195,196.95 480,919.06 117,950.90 125,544.66
------------------------------------------------------------------------------------------------------------------------------------
Inversiones 613,930.47 410,910.93 404,547.50 1,429,388.90 399,881.71 400,058.33
------------------------------------------------------------------------------------------------------------------------------------
Egresos de Operaciones 2,503,583.65 2,302,555.27 2,483,510.96 7,289,649.88 1,968,282.79 1,574,042.61
------------------------------------------------------------------------------------------------------------------------------------
Intereses Pagados 2,463,551.58 2,289,995.94 2,487,621.71 7,241,169.23 1,967,086.81 1,573,928.57
------------------------------------------------------------------------------------------------------------------------------------
Comisiones 40,032.07 12,559.33 -4,110.75 48,480.65 1,195.98 114.04
------------------------------------------------------------------------------------------------------------------------------------
Ingreso Neto de Intereses 4,050,762.61 2,617,679.89 3,251,353.11 9,919,795.61 4,412,686.42 2,690,591.37
------------------------------------------------------------------------------------------------------------------------------------
Otros Ingresos 574,025.74 440,603.31 840,675.99 1,855,305.04 1,113,133.33 -433,346.43
------------------------------------------------------------------------------------------------------------------------------------
Comisiones 548,963.99 665,864.96 509,460.70 1,724,289.65 448,767.69 534,153.82
------------------------------------------------------------------------------------------------------------------------------------
Operaciones con Divisas -4,122.82 3,312.45 -188.10 -998.47 -5,276.39 -221,370.05
------------------------------------------------------------------------------------------------------------------------------------
Otros ingresos 29,184.57 -228,574.10 331,403.39 132,013.86 669,642.03 -746,130.20
------------------------------------------------------------------------------------------------------------------------------------
Ingresos de Operaciones 4,624,788.35 3,058,283.20 4,092,029.10 11,775,100.65 5,525,819.75 2,257,244.94
------------------------------------------------------------------------------------------------------------------------------------
Egresos Generales 1,845,294.21 -262,208.98 75,177.76 1,658,262.99 1,834,744.28 853,496.71
------------------------------------------------------------------------------------------------------------------------------------
Gastos Administrativos 1,019,194.48 989,036.77 1,142,090.66 3,150,321.91 1,081,277.48 1,121,934.67
------------------------------------------------------------------------------------------------------------------------------------
Gastos Generales 149,318.22 313,300.33 258,581.00 721,199.55 461,578.86 384,344.75
------------------------------------------------------------------------------------------------------------------------------------
Gastos de Depreciacion 119,749.86 113,223.73 121,469.30 354,442.89 114,761.87 108,282.02
------------------------------------------------------------------------------------------------------------------------------------
Otros Gastos 557,031.65 -1,677,769.81 -1,446,963.20 -2,567,701.36 177,126.07 -761,064.73
------------------------------------------------------------------------------------------------------------------------------------
Utilidad antes de Provisiones 2,779,494.14 3,320,492.18 4,016,851.34 10,116,837.66 3,691,075.47 1,403,748.23
------------------------------------------------------------------------------------------------------------------------------------
Provisiones por
Cuentas Malas -7,813,682.87 -3,878,544.87 -6,544,167.05 -18,236,394.79 0.00 -11,715,126.22
------------------------------------------------------------------------------------------------------------------------------------
Utilidad del Periodo 10,593,177.01 7,199,037.05 10,561,018.39 28,353,232.45 3,691,075.47 13,118,874.45
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
Descripcion Junio Trimestre II Julio Agosto Septiembre Trimestre III
------------------------------------------------------------------------------------------------------------------------------------
Ingresos Por Intereses 4,805,777.19 15,451,380.38 5,956,173.81 5,956,173.81
------------------------------------------------------------------------------------------------------------------------------------
Prestamos 4,260,070.42 13,862,238.01 5,163,280.23 5,163,280.23
------------------------------------------------------------------------------------------------------------------------------------
Depositos 155,602.07 399,097.63 214,359.27 214,359.27
------------------------------------------------------------------------------------------------------------------------------------
Inversiones 390,104.70 1,190,044.74 578,534.31 578,534.31
------------------------------------------------------------------------------------------------------------------------------------
Egresos de Operaciones 2,216,807.28 5,759,132.68 2,330,486.54 2,330,486.54
------------------------------------------------------------------------------------------------------------------------------------
Intereses Pagados 2,192,519.50 5,733,534.88 2,329,681.19 2,329,681.19
------------------------------------------------------------------------------------------------------------------------------------
Comisiones 24,287.78 25,597.80 805.35 805.35
------------------------------------------------------------------------------------------------------------------------------------
Ingreso Neto de Intereses 2,588,969.91 9,692,247.70 3,625,687.27 3,625,687.27
------------------------------------------------------------------------------------------------------------------------------------
Otros Ingresos 844,248.66 1,524,035.56 521,012.50 521,012.50
------------------------------------------------------------------------------------------------------------------------------------
Comisiones 489,646.56 1,472,568.07 470,706.87 470,706.87
------------------------------------------------------------------------------------------------------------------------------------
Operaciones con Divisas 9,394.48 -217,251.96 4,346.44 4,346.44
------------------------------------------------------------------------------------------------------------------------------------
Otros ingresos 345,207.62 268,719.45 45,959.19 45,959.19
------------------------------------------------------------------------------------------------------------------------------------
Ingresos de Operaciones 3,433,218.57 11,216,283.26 4,146,699.77 4,146,699.77
------------------------------------------------------------------------------------------------------------------------------------
Egresos Generales 6,189,508.90 8,877,749.89 1,959,913.45 1,959,913.45
------------------------------------------------------------------------------------------------------------------------------------
Gastos Administrativos 1,350,628.36 3,553,840.51 1,217,381.40 1,217,381.40
------------------------------------------------------------------------------------------------------------------------------------
Gastos Generales 388,900.71 1,234,824.32 425,342.92 425,342.92
------------------------------------------------------------------------------------------------------------------------------------
Gastos de Depreciacion 111,227.05 334,270.94 139,814.92 139,814.92
------------------------------------------------------------------------------------------------------------------------------------
Otros Gastos 4,338,752.78 3,754,814.12 177,374.21 177,374.21
------------------------------------------------------------------------------------------------------------------------------------
Utilidad antes de Provisiones -2,756,290.33 2,338,533.37 2,186,786.32 2,186,786.32
------------------------------------------------------------------------------------------------------------------------------------
Provisiones por
Cuentas Malas -7,907,105.61 -19,622,231.83 0.00 0.00
------------------------------------------------------------------------------------------------------------------------------------
Utilidad del Periodo 5,150,815.28 21,960,765.20 2,186,786.32 2,186,786.32
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------
Descripcion Octubre Noviembre Diciembre Trimestre IV Acumulado Anual
------------------------------------------------------------------------------------------------------------------------
Ingresos Por Intereses 0.00 38,616,999.68
------------------------------------------------------------------------------------------------------------------------
Prestamos 0.00 34,324,655.77
------------------------------------------------------------------------------------------------------------------------
Depositos 0.00 1,094,375.96
------------------------------------------------------------------------------------------------------------------------
Inversiones 0.00 3,197,967.95
------------------------------------------------------------------------------------------------------------------------
Egresos de Operaciones 0.00 15,379,269.10
------------------------------------------------------------------------------------------------------------------------
Intereses Pagados 0.00 15,304,385.30
------------------------------------------------------------------------------------------------------------------------
Comisiones 0.00 74,883.80
------------------------------------------------------------------------------------------------------------------------
Ingreso Neto de Intereses 0.00 23,237,730.58
------------------------------------------------------------------------------------------------------------------------
Otros Ingresos 0.00 3,900,353.10
------------------------------------------------------------------------------------------------------------------------
Comisiones 0.00 3,667,564.59
------------------------------------------------------------------------------------------------------------------------
Operaciones con Divisas 0.00 -213,903.99
------------------------------------------------------------------------------------------------------------------------
Otros ingresos 0.00 446,692.50
------------------------------------------------------------------------------------------------------------------------
Ingresos de Operaciones 0.00 27,138,083.68
------------------------------------------------------------------------------------------------------------------------
Egresos Generales 0.00 12,495,926.33
------------------------------------------------------------------------------------------------------------------------
Gastos Administrativos 0.00 7,921,543.82
------------------------------------------------------------------------------------------------------------------------
Gastos Generales 0.00 2,381,366.79
------------------------------------------------------------------------------------------------------------------------
Gastos de Depreciacion 0.00 828,528.75
------------------------------------------------------------------------------------------------------------------------
Otros Gastos 0.00 1,364,486.97
------------------------------------------------------------------------------------------------------------------------
Utilidad antes de Provisiones 0.00 14,642,157.35
------------------------------------------------------------------------------------------------------------------------
Provisiones por
Cuentas Malas 0.00 -37,858,626.62
------------------------------------------------------------------------------------------------------------------------
Utilidad del Periodo 0.00 52,500,783.97
------------------------------------------------------------------------------------------------------------------------