This document compares the financial statements of Banco del Nuevo Mundo and the Peruvian banking system for November 2000, September 2000, and December 1999. Some key points of comparison: - Banco del Nuevo Mundo saw decreases in deposits, loans, and total assets from September to November 2000, while the banking system saw smaller decreases or slight increases over the same periods. - Provisions for loan losses increased at a slower rate for Banco del Nuevo Mundo compared to the banking system from November 1999 to November 2000. - Net income decreased for Banco del Nuevo Mundo from September to November 2000, while it increased for the banking system

1. Fuente: EVOLUCION BNM vs BANCA COMERCIAL ESTADOS FINANCIEROS COMPARATIVOS
Superintendencia de Banca y Seguros del Perú
BANCO DEL NUEVO MUNDO SISTEMA DE BANCA COMERCIAL
EEFF AL CIERRE DE VARIACION US $000 VARIACION % EEFF AL CIERRE DE VARIACION USD $000 VARIACION %
BALANCE GENERAL Nov-00 Sep-00 Dec-99 Nov/Sep-00 Nov/Dec-99 Nov/Sep-00 Nov/Dec-99 Nov-00 Sep-00 Dec-99 Nov/Sep-00 Nov/Dec-99 Nov/Sep-00 Nov/Dec-99
FONDOS DISPONIBLES 93,430 96,635 76,452 (3,205) 16,978 -3.3% 22.2% 4,106,224 4,481,741 4,304,121 (375,518) (197,898) -8.4% -4.6%
Caja + Banco Central 6,561 18,696 20,060 (12,135) (13,499) -64.9% -67.3% 477,399 439,119 857,911 38,280 (380,512) 8.7% -44.4%
Otras Instituciones Financieras 68,891 52,293 47,192 16,598 21,699 31.7% 46.0% 3,266,403 3,573,051 3,354,455 (306,648) (88,053) -8.6% -2.6%
Canje 4,356 9,626 1,212 (5,270) 3,144 -54.7% 259.4% 124,201 156,089 63,397 (31,888) 60,804 -20.4% 95.9%
Inversiones Financieras C/P 13,622 16,020 7,988 (2,398) 5,634 -15.0% 70.5% 238,220 313,482 28,357 (75,262) 209,863 -24.0% 740.1%
COLOCACIONES 463,430 516,577 471,472 (53,147) (8,042) -10.3% -1.7% 10,478,247 10,422,009 10,931,701 56,238 (453,454) 0.5% -4.1%
Interbancarias Otorgadas - 11,490 2,874 (11,490) (2,874) -100.0% -100.0% 112,505 109,665 84,206 2,840 28,299 2.6% 33.6%
Sobregiros + Avances Cta.Cte 28,765 24,752 25,567 4,012 3,198 16.2% 12.5% 713,976 723,316 760,821 (9,340) (46,844) -1.3% -6.2%
Descuentos + Préstamos 188,606 222,648 258,923 (34,042) (70,317) -15.3% -27.2% 6,735,499 6,675,878 7,423,720 59,621 (688,221) 0.9% -9.3%
Créditos Hipotecarios 20,532 21,519 27,528 (988) (6,996) -4.6% -25.4% 832,346 827,736 829,220 4,610 3,126 0.6% 0.4%
Otras Colocaciones + Leasing 189,227 205,119 153,872 (15,892) 35,355 -7.7% 23.0% 1,171,387 1,188,462 1,185,305 (17,075) (13,917) -1.4% -1.2%
Créditos Refinanciados 27,276 21,795 9,286 5,481 17,989 25.1% 193.7% 758,330 743,558 617,823 14,772 140,507 2.0% 22.7%
Créd.Vcdo.+ Jud.(Cartera Atrasada) 37,914 39,082 17,857 (1,167) 20,057 -3.0% 112.3% 1,183,744 1,193,837 1,005,945 (10,093) 177,799 -0.8% 17.7%
- Provisión Riesgos Incobrabilidad (28,889) (29,828) (24,435) 939 (4,454) -3.1% 18.2% (1,029,540) (1,040,443) (975,338) 10,902 (54,202) -1.0% 5.6%
Bienes Adjudicados 4,177 3,465 3,069 712 1,108 20.6% 36.1% 108,632 96,742 60,929 11,890 47,703 12.3% 78.3%
Inversiones Permanentes - - - - - 0.0% 0.0% 1,660,352 1,620,665 1,439,276 39,686 221,076 2.4% 15.4%
Activo Fijo Neto 44,736 45,292 47,789 (556) (3,053) -1.2% -6.4% 722,003 733,631 753,987 (11,628) (31,984) -1.6% -4.2%
Otros Activos 139,284 131,676 119,012 7,609 20,272 5.8% 17.0% 2,853,363 2,796,361 3,030,380 57,002 (177,017) 2.0% -5.8%
TOTAL ACTIVOS 745,057 793,644 717,794 (48,587) 27,263 -6.1% 3.8% 19,928,820 20,151,150 20,520,394 (222,330) (591,574) -1.1% -2.9%
DEPOSITOS 254,176 312,311 264,678 (58,136) (10,502) -18.6% -4.0% 12,110,897 12,341,635 12,319,141 (230,738) (208,244) -1.9% -1.7%
Vista 16,745 23,361 21,853 (6,615) (5,108) -28.3% -23.4% 1,882,782 1,831,130 1,843,841 51,652 38,940 2.8% 2.1%
Ahorros 29,279 43,735 41,451 (14,456) (12,172) -33.1% -29.4% 3,220,645 3,358,348 3,405,413 (137,703) (184,768) -4.1% -5.4%
Plazo (Incl. CTS + CBME) 183,247 226,850 191,352 (43,603) (8,105) -19.2% -4.2% 6,475,353 6,659,234 6,591,128 (183,881) (115,775) -2.8% -1.8%
Otros Depósitos 24,905 18,366 10,022 6,539 14,883 35.6% 148.5% 532,118 492,923 478,759 39,195 53,359 8.0% 11.1%
FINANCIAMIENTO RECIBIDO 308,123 304,000 318,322 4,123 (10,199) 1.4% -3.2% 3,559,814 3,659,667 3,928,125 (99,853) (368,311) -2.7% -9.4%
Interbancarias Recibidas 850 - - 850 850 0.0% 0.0% 114,726 109,406 83,182 5,320 31,544 4.9% 37.9%
Préstamos + Financ.Otros Bancos 307,273 304,000 318,322 3,273 (11,049) 1.1% -3.5% 3,431,665 3,535,696 3,826,108 (104,031) (394,443) -2.9% -10.3%
Bonos y Valores hip adeudados - - - - - 0.0% 0.0% 13,423 14,564 18,835 (1,142) (5,412) -7.8% -28.7%
Otros Pasivos 101,159 96,389 59,501 4,770 41,657 4.9% 70.0% 2,076,701 2,052,530 2,258,222 24,171 (181,520) 1.2% -8.0%
Otras Provisiones & Reservas 9,320 8,362 8,324 957 995 11.4% 12.0% 232,132 226,836 205,482 5,296 26,650 2.3% 13.0%
TOTAL PASIVO 672,777 721,063 650,826 (48,286) 21,952 -6.7% 3.4% 17,979,545 18,280,668 18,710,970 (301,123) (731,425) -1.6% -3.9%
PATRIMONIO NETO 72,280 72,581 66,969 (301) 5,311 -0.4% 7.9% 1,949,275 1,870,483 1,809,424 78,793 139,851 4.2% 7.7%
Capital Social 52,735 47,915 35,661 4,820 17,073 10.1% 47.9% 1,372,602 1,373,091 1,307,160 (489) 65,442 0.0% 5.0%
Capital Adicional - 5,011 11,036 (5,011) (11,036) -100.0% -100.0% 137,349 65,524 75,803 71,826 61,546 109.6% 81.2%
Reservas 17,061 17,123 15,413 (62) 1,648 -0.4% 10.7% 388,092 390,190 347,453 (2,098) 40,638 -0.5% 11.7%
Resultados Acumulados - - (378) - 378 0.0% -100.0% (2,728) (2,715) (3,069) (13) 341 0.5% -11.1%
Utilidad/(Pérdida) del Ejercicio 2,484 2,531 5,237 (47) (2,753) -1.9% -52.6% 53,959 44,393 82,076 9,567 (28,117) 21.6% -34.3%
TOTAL PASIVO Y PATRIM. 745,057 793,644 717,794 (48,587) 27,263 -6.1% 3.8% 19,928,820 20,151,150 20,520,394 (222,330) (591,574) -1.1% -2.9%
TOTAL CONTINGENCIAS 170,608 179,487 168,461 (8,878) 2,147 -4.9% 1.3% 4,398,438 4,510,431 4,835,313 (111,993) (436,875) -2.5% -9.0%
Creditos Indirectos 170,608 179,487 168,461 (8,878) 2,147 -4.9% 1.3% 4,398,438 4,510,431 4,835,313 (111,993) (436,875) -2.5% -9.0%
TASA DE CAMBIO (S/. 1 x US$) 3.530 3.490 3.480 0.040 0.010 -1.1% -1.4% 3.530 3.490 3.480 0.040 0.010 -1.1% -1.4%
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Strike Value S.A.
Ph +51(1) 919-8252 www.strikevalue.com 1/29/2011 SFN-1100Comparative

2. Fuente: EVOLUCION BNM vs BANCA COMERCIAL ESTADOS FINANCIEROS COMPARATIVOS
Superintendencia de Banca y Seguros del Perú
PERDIDAS Y GANANCIAS Nov-00 Sep-00 Dec-99 Nov/Sep-00 Nov/Dec-99 Nov/Sep-00 Nov/Dec-99 Nov-00 Sep-00 Dec-99 Nov/Sep-00 Nov/Dec-99 Nov/Sep-00 Nov/Dec-99
INGRESOS FINANCIEROS 83,506 67,798 93,664 15,708 (10,158) 23.2% -10.8% 2,187,010 1,811,367 2,389,071 375,643 (202,061) 20.7% -8.5%
Ints.+Comisiones/Colocaciones 68,637 55,470 76,930 13,167 (8,293) 23.7% -10.8% 1,386,049 1,155,538 1,614,602 230,510 (228,553) 19.9% -14.2%
Ints.+Comisiones/Institut.Financieras 4,226 3,614 3,376 612 850 16.9% 25.2% 195,165 160,011 144,246 35,153 50,919 22.0% 35.3%
Ints./Interbancarias Otorgadas 261 213 278 48 (16) 22.5% -5.9% 18,127 15,675 28,793 2,452 (10,666) 15.6% -37.0%
Comm x Operac. Contingentes 6,431 5,212 7,075 1,219 (644) 23.4% -9.1% 298,074 239,623 292,503 58,451 5,571 24.4% 1.9%
Comm x Fideicomiso & Adm 214 182 - 32 214 17.7% #DIV/0! 1,191 999 817 192 374 19.3% 45.8%
Ganancia en Cambio 2,804 2,412 3,739 391 (936) 16.2% -25.0% 96,608 77,609 126,029 18,999 (29,421) 24.5% -23.3%
Renta de Valores en Cartera 849 630 2,175 219 (1,326) 34.8% -61.0% 180,865 152,913 172,627 27,952 8,238 18.3% 4.8%
Otros Ingresos Financieros 85 65 91 19 (6) 29.7% -6.4% 10,932 8,998 9,455 1,934 1,477 21.5% 15.6%
GASTOS FINANCIEROS (50,981) (42,647) (53,106) (8,333) 2,125 19.5% -4.0% (1,028,446) (853,751) (1,159,886) (174,695) 131,440 20.5% -11.3%
Ints./Depósitos (24,070) (20,311) (24,970) (3,759) 900 18.5% -3.6% (672,969) (561,607) (757,630) (111,361) 84,661 19.8% -11.2%
Ints./Interbancarias Recibidas - (218) (609) 218 609 -100.0% -100.0% - (11,833) (20,854) 11,833 20,854 -100.0% -100.0%
Ints.+Coms./Financiamiento Recibido (25,905) (21,323) (25,509) (4,581) (396) 21.5% 1.6% (298,842) (235,098) (311,235) (63,744) 12,393 27.1% -4.0%
Pérdidas en Cambio (99) (92) (1,324) (7) 1,225 7.8% -92.5% (8,635) (6,293) (11,618) (2,342) 2,983 37.2% -25.7%
Depósitos Reajustables - - - - - 0.0% 0.0% (4,195) (3,298) (2,061) (897) (2,134) 27.2% 103.5%
Fdo.Seg.Dep.+ Otros (907) (702) (695) (205) (212) 29.1% 30.6% (43,806) (35,622) (56,488) (8,184) 12,683 23.0% -22.5%
RESULTADO FINANCIERO 32,525 25,151 40,558 7,375 (8,033) 29.3% -19.8% 1,158,564 957,615 1,229,184 200,948 (70,621) 21.0% -5.7%
PROVISION COLOCACIONES (4,976) (3,976) (7,057) (1,000) 2,082 25.1% -29.5% (372,552) (320,587) (445,440) (51,964) 72,888 16.2% -16.4%
- Provisión/Créditos Directos (4,976) (3,976) (7,057) (1,000) 2,082 25.1% -29.5% (372,552) (320,587) (445,440) (51,964) 72,888 16.2% -16.4%
RESULT. FINANC NETO 27,550 21,174 33,501 6,375 (5,951) 30.1% -17.8% 786,012 637,028 783,745 148,984 2,267 23.4% 0.3%
OTROS INGRESOS 20,417 19,697 18,854 719 1,563 3.7% 8.3% 309,942 280,996 372,093 28,947 (62,150) 10.3% -16.7%
OTROS GASTOS (45,066) (38,103) (47,275) (6,963) 2,209 18.3% -4.7% (1,024,019) (855,375) (1,085,151) (168,643) 61,132 19.7% -5.6%
Gastos de Personal + Directorio (12,756) (10,180) (14,323) (2,576) 1,567 25.3% -10.9% (368,365) (307,918) (396,039) (60,447) 27,674 19.6% -7.0%
Gastos Generales (16,917) (14,151) (17,327) (2,765) 410 19.5% -2.4% (429,218) (356,107) (449,280) (73,110) 20,063 20.5% -4.5%
Depreciación + Amortización (7,045) (5,879) (4,830) (1,166) (2,215) 19.8% 45.9% (123,427) (101,858) (106,026) (21,569) (17,400) 21.2% 16.4%
Varios (8,349) (7,893) (10,796) (456) 2,447 5.8% -22.7% (103,010) (89,493) (133,806) (13,517) 30,796 15.1% -23.0%
UTIL.ANTES IMPTO RENTA 2,900 2,769 5,080 131 (2,180) 4.7% -42.9% 71,936 62,648 70,686 9,288 1,249 14.8% 1.8%
Impuesto a la Renta - - - - - 0.0% 0.0% (7,261) (7,130) (17,555) (131) 10,294 1.8% -58.6%
Resultado x Exposición Inflación-REI (416) (238) 157 (179) (573) 75.2% -364.8% (10,715) (11,126) 28,945 410 (39,660) -3.7% -137.0%
Ingr./(Cargas) Extraordinarias - - - - - 0.0% 0.0% - - - - - 0.0% 0.0%
UTIL/PDDA NETA 2,484 2,531 5,237 (47) (2,753) -1.9% -52.6% 53,959 44,393 82,076 9,567 (28,117) 21.6% -34.3%
UTIL/PDDA NETA (-) REI 2,484 2,531 5,080 (47) (2,596) -1.9% -51.1% 53,959 44,393 53,131 9,567 828 21.6% 1.6%
Strike Value S.A.
Ph +51(1) 919-8252 www.strikevalue.com 1/29/2011 SFN-1100Comparative

3. Fuente: EVOLUCION BNM vs BANCA COMERCIAL ESTADOS FINANCIEROS COMPARATIVOS
Superintendencia de Banca y Seguros del Perú
ANALISIS FINANCIERO Nov-00 Sep-00 Dec-99 Nov-00 Sep-00 Dec-99
ESTRUCTURA PORCENTUAL
Fondos Disponibles/Activos 12.5% 12.2% 10.7% 20.6% 22.2% 21.0%
Invers.Financ.C/P/Activos 1.8% 2.0% 1.1% 1.2% 1.6% 0.1%
Colocaciones Netas/Activos 62.2% 65.1% 65.7% 52.6% 51.7% 53.3%
Colocaciones Brutas/Activos 66.1% 68.8% 69.1% 57.7% 56.9% 58.0%
Sobreg. + Av.Cta./Coloc.Brutas 5.8% 4.5% 5.2% 6.2% 6.3% 6.4%
Desc.+Préstamos/Coloc.Brutas 38.3% 40.7% 52.2% 58.5% 58.2% 62.3%
Activo Fijo/Activos 6.0% 5.7% 6.7% 3.6% 3.6% 3.7%
Depósitos/(Pasivo + Patrim) 34.1% 39.4% 36.9% 60.8% 61.2% 60.0%
Ahorros/Depósitos 11.5% 14.0% 15.7% 26.6% 27.2% 27.6%
Depósitos Plazo/Depósitos 72.1% 72.6% 72.3% 53.5% 54.0% 53.5%
Dep.Bcos.y Sist.Financ/Depósitos 0.0% 0.0% 0.0% 0.0% 0.0% 0.0%
Financ.Recibido/Pasivo + Patrimonio 41.4% 38.3% 44.3% 17.9% 18.2% 19.1%
Valores en Circulac/Pasivos + Patrim. 0.0% 0.0% 0.0% 0.1% 0.1% 0.1%
Patrim.Neto/Pasivos + Patrim.Neto 9.7% 9.1% 9.3% 9.8% 9.3% 8.8%
COEFICIENTES OPERATIVOS Y DE RENTABILIDAD
Retorno Patrimonial (ROE) 3.4% 3.5% 7.6% 2.8% 2.4% 2.9%
Retorno sobre Activos (ROA) 0.3% 0.3% 0.7% 0.3% 0.2% 0.3%
Utilidad.(Pérdida)/TotalDepósitos 1.0% 0.8% 1.9% 0.4% 0.4% 0.4%
Ingr.Financieros/Activos Rentables 16.2% 11.8% 17.2% 14.4% 11.7% 15.0%
Retorno s/Activos en Riesgo RORA 0.4% 0.4% 0.8% 0.3% 0.3% 0.3%
Activos en Riesgo (US$ MM) $ 652 $ 697 $ 641 $ 15,823 $ 15,669 $ 16,216
Costo Operat./Rsltdo.Financ.Neto 133.3% 142.7% 108.9% 117.2% 120.2% 121.4%
Costo Operativo/TotalActivos 4.9% 3.8% 5.1% 4.6% 3.8% 4.6%
Gtos.Personal/TotalDepósitos 5.0% 3.3% 5.4% 3.0% 2.5% 3.2%
Gtos.Personal/TotalActivos 1.7% 1.3% 2.0% 1.8% 1.5% 1.9%
Costo Operativo/Activo Rentable 7.1% 5.3% 6.7% 6.1% 5.0% 6.0%
Participación Mercado Depósitos 2.1% 2.5% 2.1% 100.0% 100.0% 100.0%
Participación Mercado Colocaciones 4.4% 5.0% 4.3% 100.0% 100.0% 100.0%
CALIDAD DE ACTIVOS
CarteraAtrasada/Colocaciones Brutas 7.7% 7.2% 3.6% 10.3% 10.4% 8.4%
Cart.Atrasada + Refinanc/Coloc.Brutas 13.2% 11.1% 5.5% 16.9% 16.9% 13.6%
Prov.Incobrab./Cart.Atrasada + Rfncd. 44.3% 49.0% 90.0% 53.0% 53.7% 60.1%
Prov.Incobrab./Colocaciones Brutas 5.9% 5.5% 4.9% 8.9% 9.1% 8.2%
Prov.Incobrab./Colocaciones Netas 6.2% 5.8% 5.2% 9.8% 10.0% 8.9%
Activos Rentables-Pasivos Costosos $ (46,095) $ (43,773) $ (38,997) $ (462,624) $ (529,927) $ (283,995)
Activo Rentable Neto/ Total Activos (6.2%) (5.5%) (5.4%) (2.3%) (2.6%) (1.4%)
Colocaciones Brutas/TotalDepósitos 193.7% 175.0% 187.4% 95.0% 92.9% 96.7%
ActivoFijo/Patrimonio 61.9% 62.4% 71.4% 37.0% 39.2% 41.7%
LIQUIDEZ
ActivoLíquido/TotalDepósitos 36.8% 30.9% 28.9% 33.9% 36.3% 34.9%
Fncmto.Recibido/Colocac.Brutas (**) 62.6% 55.6% 64.2% 30.9% 31.9% 33.0%
DepósitosVista/TotalDepósitos 6.6% 7.5% 8.3% 15.5% 14.8% 15.0%
Interbanc.Recib./TotalDepósitos 121.2% 97.3% 120.3% 29.3% 29.5% 31.7%
Interbanc.Recib./TotalColocaciones 62.6% 55.6% 64.2% 30.8% 31.8% 32.8%
Interbanc.Otorg./TotalActivos 0.0% 1.4% 0.4% 0.6% 0.5% 0.4%
Interbanc.Otorg./Interbanc.Recibidas 8.4% 0.0% 0.0% 8.4% 100.2% 101.2%
CAPITALIZACION
Patrimonio/Total Activos 9.7% 9.1% 9.3% 9.8% 9.3% 8.8%
Patrimonio/Activos en Riesgo 11.1% 10.4% 10.4% 12.3% 11.9% 11.2%
Patrimonio/Colocaciones Brutas 14.7% 13.3% 13.5% 16.9% 16.3% 15.2%
Patrimonio/TotalDepósitos 28.4% 23.2% 25.3% 16.1% 15.2% 14.7%
Strike Value S.A.
Ph +51(1) 919-8252 www.strikevalue.com 1/29/2011 SFN-1100Comparative