Company: BBD
Filing Date: 2025-03-31
Form Type: 20-F
Source: 0001292814-25-001244
Chunk: 219

Company: BANK BRADESCO
Filing Date: 2025-03-31
Form: 20-F
Item: Item 5
Chunk 219
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. For further financial information in relation to our operating segments, see Note 38 to our consolidated financial statements in “Item 18. Financial Statements”. For a description of the operations of our operational segments, see “Item 4.B. Business Overview”.
 The financial information in respect of our operating segments was prepared based on reports produced for our Management to assess performance and make decisions about the allocation of funds for investments and other purposes. Our Management uses various data, including financial data prepared under Brazilian Generally Accepted Accounting Principles (BR GAAP) and non-financial metrics, measured on different databases. Our consolidated financial statements and consolidated financial data included in this analysis are prepared in accordance with the IFRS Accounting Standards. Where there are significant differences between the aggregated amounts reported for our operating segments and the equivalent amounts in our consolidated statement of income, such differences are explained in conjunction with the explanations of the results that precede them.

137 – Form 20-F 2024 | Bradesco
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5.A.20.01 Results of operations for the year ended December 31, 2024, compared with the year ended December 31, 2023
 The following tables set out the principal components of our net income for the years ended December 31, 2024 and 2023, on a consolidated basis and by segment.
 
                                        Consolidated                                                 R$ in thousands, except %        
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2024                                                                                                   2023        % change           
Interest and similar income                                                                     211,733,717     211,458,474       0.1%
Interest and similar expenses                                                                 (144,279,153)   (156,376,055)     (7.7)%
Net interest income                                                                              67,454,564      55,082,419      22.5%
Fee and commission income                                                                        28,336,487      26,956,763       5.1%
Net gains/(losses) on financial assets and liabilities at fair value through profit or loss     (2,249,836)      10,895,796   (120.6)%
Net gains/(losses) on financial assets at fair value through other comprehensive income           1,031,353       1,841,022    (44.0)%
Net gains/(losses) on foreign currency transactions                                               2,704,502         262,501     930.3%
Gross profit from insurance and pension plans                                                     8,