Quarterly Management Discussion & Analysis (MDA300905.pdf)

ItaucredOn June 30, 2005R$ MillionCredit Operations 8,395 2,555 1,040 11,990(Allowance for Loan Losses) (232) (247) (8) (487)Other Assets 140 5 4 149R$ MillionSecurities Repurchase Agreements 7,163 398 883 8,444Borrowings 14 - - 14Other Liabilities 318 1,577 51 1,946Financial StatementR$ MillionProvision for Loan and Lease Losses 22 (65) (4) (47)Credits Recoveries and Renegotiated 34 10 1 45Banking Service Fees 80 112 3 194Non-Interest Expenses (129) (198) (30) (356)Taxes Expenses for ISS, PIS and COFINS (20) (20) (1) (42)Other Operating Income 4 12 0 16Non-Operating Income (0) 0 (0) 0Note: The item Non-Interest Expenses is composed by Personnel Expenses, Other Administrative Expenses, tax expenses for CPMF e Other taxes and Other Operating Expenses.37 Management Discussion and AnalysisBanco Itaú Holding Financeira S.A.