Banco Santander Chile : Monthly Financial Summary December 2018

BANCO SANTANDER-CHILE AND SUBSIDIARIES CONSOLIDATED FINANCIAL INFORMATION

As of December 31, 2018

The principal balances and results accumulated for the period ending December 2018 (Amounts in millions of Chilean pesos).

SUMMARIZED CONSOLIDATED STATEMENTS OF FINANCIAL POSITIONSUMMARIZED CONSOLIDATED STATEMENTS OF INCOME FOR THE PERIOD

Principal assets	Ch$ million	Operational results	Ch$ million
Cash and deposits in banks	2,065,441	Net interest income	1,414,368
Interbank loans, net	15,065	Net fee and commission income	290,885
Loans and accounts receivables from customers, net	29,470,370	Result from financial operations	105,082
Total investments	2,471,543	Total operating income	1,810,335
Financial derivative contracts	3,100,635	Provision for loan losses	(325,085)
Other asset items	2,074,479	Support expenses	(721,933)
Total assets	39,197,533	Other results	(1,158)
Income before tax	762,159
Principal liabilities	Ch$ million	Income tax expense	(165,897)
Deposits and other demand liabilities	8,741,417
Time deposits and other time liabilities	13,067,819
Financial derivative contracts	2,517,728	Attributable to:
Issued debt instruments	8,115,233	Equity holders of the Bank	591,902
Other liabilities items	3,469,498	Non-controlling interest	4,360
Total equity	3,285,838
Total liabilities	39,197,533
Equity attributable to:
Equity holders of the Bank	3,239,611
Non-controlling interest	46,227
FELIPE CONTRERAS FAJARDO
Chief Accounting Officer

MIGUEL MATA HUERTA Chief Executive Officer

Net income for the period

596,262

BANCO SANTANDER-CHILE Y AFILIADAS INFORMACIÓN FINANCIERA CONSOLIDADA

Al 31 de diciembre de 2018

A continuación se presentan los principales saldos de balance y resultados acumulados por el periodo de cierre de mes de diciembre de 2018 (cifras en millones de pesos).

ESTADO DE SITUACIÓN FINANCIERA CONSOLIDADO RESUMIDO

ESTADO DE RESULTADOS CONSOLIDADO DEL PERIODO RESUMIDO

Principales rubros del activo	MM$	Resultados operacionales	MM$
Efectivo y depósitos en bancos	2.065.441	Ingreso neto por intereses y reajustes	1.414.368
Adeudado por bancos	15.065	Ingreso neto de comisiones	290.885
Créditos y cuentas por cobrar a clientes	29.470.370	Resultado de operaciones financieras	105.082
Inversiones totales	2.471.543	Total ingresos operacionales	1.810.335
Contratos de derivados financieros	3.100.635	Provisiones por riesgo de crédito	(325.085)
Otros rubros del activo	2.074.479	Gastos de apoyo	(721.933)
Total Activos	39.197.533	Otros resultados	(1.158)
Resultado antes de impuesto	762.159
Principales rubros del pasivo	MM$	Impuesto a la renta	(165.897)
Depósitos y otras obligaciones a la vista	8.741.417
Depósitos y otras captaciones a plazo	13.067.819
Contratos de derivados financieros	2.517.728	Resultado atribuible a:
Instrumentos de deuda emitidos	8.115.233	Tenedores patrimoniales del Banco	591.902
Otros rubros del pasivo	3.469.498	Interés no controlador	4.360
Total patrimonio	3.285.838
Total Pasivos	39.197.533
Patrimonio atribuible a:
Tenedores patrimoniales del Banco	3.239.611
Interés no controlador	46.227
FELIPE CONTRERAS FAJARDO
Gerente de Contabilidad

MIGUEL MATA HUERTA

Utilidad consolidada del periodo

596.262

Gerente General

IMPORTANT NOTICE

The unaudited financial information has been prepared in accordance with the Compendium of Accounting Standards issued by the Superintendency of Banks and Financial Institutions (SBIF) of Chile. The accounting principles issued by the SBIF are substantially similar to IFRS but there are some exceptions. The SBIF is the banking industry regulator that according to article 15 of the General Banking Law establishes the accounting principles to be used by the banking industry. For those principles not covered by the Compendium of Accounting Standards banks can use generally accepted accounting

principles issued by the Chilean Accountant's Association AG and which coincides with International Financial Reporting Standards (IFRS) issued by the International Accounting Standards Board (IASB). In the event that discrepancies exist between the accounting principles issued by the SBIF (Compendium of Accounting Standards) and IFRS the Compendium of Accounting Standards will take precedence.

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