Twelve of these 14 Companies reported their financial statements in BRs. The other 2 reported in US$s.
I excluded one Brazilian Company that had an IPO in late 2012.
After converting the total earnings of these 12 Brazilian Companies reporting in BRs into US$s at the relative BR and US$ Dec 31, 2014 exchange rates, the Total Audited Earnings of these 14 Brazilian Companies in 2014 were US$26.733 bil, which was down 34% from 2013 and also down 36% from 2007.
It should be pointed out that the Brazilian Real has been a very weak currency against the US$. The BR was about US$0.56 on Dec 31, 2007, US$0.42 on Dec 31, 2013, US$0.38 on Dec 31, 2014 and US$0.28 on Aug 30, 2015.
Below here are the reported Audited Earnings (Losses) for each of these 14 largest Brazilian Companies with Market Caps above BR30 bil for all years reported from 2007 through 2014:
| 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | ||
| Most | Audited | Audited | Audited | Audited | Audited | Audited | Audited | Audited | |
| Recent | Net | Net | Net | Net | Net | Net | Net | Net | |
| 2014 | Income | Income | Income | Income | Income | Income | Income | Income | |
| Largest Brazilian Companies | FYE | (Loss) | (Loss) | (Loss) | (Loss) | (Loss) | (Loss) | (Loss) | (Loss) |
| mil BRs | mil BRs | mil BRs | mil BRs | mil BRs | mil BRs | mil BRs | mil BRs | ||
| Reporting in mil Brazil Reals (BRs) | |||||||||
| Itau Unibanco Holding SA | Dec | 21,861 | 16,522 | 13,191 | 14,610 | 12,494 | 14,612 | 4,878 | 7,660 |
| Banco Bradesco SA | Dec | 15,416 | 12,486 | 11,352 | 11,089 | 10,052 | 8,301 | 7,149 | 7,945 |
| Ambev SA | Dec | 12,362 | 11,399 | 10,459 | 8,479 | 7,460 | 5,988 | 5,191 | 5,069 |
| Banco do Brasil SA | Dec | 11,246 | 15,758 | 12,205 | 12,126 | 11,703 | 10,148 | 8,803 | 5,058 |
| Itausa-Investimentos Itau SA | Dec | 8,161 | 6,011 | 4,836 | 5,367 | 5,013 | 11,742 | 5,431 | 8,916 |
| Banco Santander (Brasil) SA | Dec | 5,708 | 3,785 | 5,438 | 7,673 | 7,323 | 5,508 | 2,379 | 1,903 |
| Telefonica Brasil SA | Dec | 4,937 | 3,716 | 4,452 | 4,362 | 2,398 | 2,204 | 2,500 | 2,370 |
| Cielo SA | Dec | 3,220 | 2,674 | 2,326 | 1,817 | 1,831 | 1,534 | 1,342 | 884 |
| BRF SA | Dec | 2,135 | 1,020 | 805 | 1,384 | 816 | 119 | (89) | 303 |
| JBS SA | Dec | 2,036 | 927 | 763 | (323) | (303) | 221 | 26 | (165) |
| Souza Cruz SA | Dec | 1,714 | 1,694 | 1,641 | 1,603 | 1,450 | 1,485 | 1,250 | 1,034 |
| Ultrapar Participacoes SA | Dec | 1,251 | 1,229 | 1,027 | 860 | 761 | 441 | 420 | 335 |
| Total all 12 Reporting in mil BRs | 90,047 | 77,221 | 68,495 | 69,047 | 60,998 | 62,303 | 39,280 | 41,312 | |
| Dec 31, 2014 Exchange Rate | 0.376276 | 0.376276 | 0.376276 | ||||||
| Total all 12 Converted to mil US$s | 33,883 | 29,056 | 15,545 | ||||||
| Reporting in mil US$s | mil US$s | mil US$s | mil US$s | mil US$s | mil US$s | mil US$s | mil US$s | mil US$s | |
| Petroleo Brasileiro Petrobras SA | Dec | (7,503) | 10,832 | 10,931 | 19,992 | 20,449 | 16,823 | 17,733 | 13,411 |
| Vale SA | Dec | 353 | 408 | 5,265 | 22,648 | 17,580 | 5,456 | 13,476 | 12,627 |
| Total of both Reporting in US$s | (7,150) | 11,240 | 16,196 | 42,640 | 38,029 | 22,279 | 31,209 | 26,038 | |
| Grand Total all 14 Converted to US$s | 26,733 | 40,296 | 41,583 | ||||||
| ….. Earnings % Decline 2014 vs 2013 | -34% | ||||||||
| ….. Earnings % Decline 2014 vs 2007 | -36% |
