Financial Statements

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Accounting Releases

2011	March	June*	September	December
2010	March	June	September	December - BR GAAP December - IFRS
2009	-	June	September	December
2008	-	-	-	December

* As of June 2011, the BNDES System’s Accounting Report has used both the BR GAAP and IFRS standards.

Institutional Presentation

Financial and Institutional Aspects April/2012

Management Report - BNDES

Financial Statements

BNDES

2011	June	December
2010	June	December
2009	June	December
2008	-	December
2007	-	December
2006	-	December
2005	-	December
2004	-	December
2003	-	December
2002	-	December
2001	-	December

BNDES - IFRS

2011 june
2010

BNDESPAR

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Recent News

05/15/2012
BNDES launches a public call-for-managers of two venture capital funds focused on innovation
The BNDES is receiving proposals in answer to the public call-for-managers (two) of Share Investment Funds for companies with annual net revenue up to R$ 150 million, focused on innovation. The BNDES’ participation may reach up to 35% of the committed capital in each fund.

05/11/2012
BNDESPAR will make a public offering of the Carbon Efficient Index Fund
The BNDESPAR has filed a request to register the Public Offering of shares of the ECOO11 Fund — iShares Carbon Efficient Index (ICO2) Brazil – Index Fund at the Securities and Exchange Commission (CVM). The initial amount of the operation, designed for both individual and institutional investors, will be R$ 1.5 billion, which may be increased by up to 35% depending on demand.

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