Business Context and Reporting Period
This Form 6-K filing by Banco Bradesco S.A. (Bank Bradesco) covers the period ending June 30, 2004. The document serves as a formal notification to the U.S. Securities and Exchange Commission regarding a corporate action approved by the Board of Directors on the reporting date.
Key Financial Metrics
The filing does not provide comprehensive financial statements, revenue, profit, cash flow, or debt metrics. The primary financial data disclosed relates to the declaration of intermediary interest on own capital for the first half of 2004:
- Common Stock Interest: R$0.847080 per share (gross); R$0.720018 per share (net after 15% withholding tax).
- Preferred Stock Interest: R$0.931788 per share (gross); R$0.792020 per share (net after 15% withholding tax).
- Payment Date: July 30, 2004.
- Record Date: June 30, 2004.
Material Changes
The filing does not report material changes in revenue, operating results, or liquidity compared to prior periods. The significant event is the approval of a special interest payment equivalent to six times the regular monthly interest amount, benefiting stockholders registered as of the record date.
Guidance, Outlook, and Risks
The document includes a standard forward-looking statements disclaimer. Management notes that statements regarding future economic circumstances, industry conditions, and company performance are based on current estimates and are subject to risks and uncertainties. There is no specific operational guidance or outlook provided in this filing beyond the dividend-related announcement.
Investor Verification Checklist
- Verify the record date of June 30, 2004, to confirm eligibility for the intermediary interest payment.
- Confirm the net payment amounts (R$0.720018 for common and R$0.792020 for preferred) applicable to individual investors subject to the 15% withholding tax.
- Note that legal entity stockholders exempt from withholding tax will receive the full declared gross amounts.
- Understand that these interest payments will be computed net of withholding tax for the calculation of the mandatory dividend for the fiscal year.