XML 25 R95.htm IDEA: XBRL DOCUMENT v3.20.1
Segment Reporting (Tables)
 12 Months Ended
Dec. 31, 2019
Text block [abstract]  
Summary of Operating Segments
The relevant segment reporting as of the indicated dates is as follows:
 
 
 
Banks
 
 
Regional

Credit
Cards
 
 
Insurance
 
 
Other

Businesses
 
 
Adjustments
 
 
Total as of

12.31.19
 
Net Income from interest
 
 
23,829,880
 
 
 
9,745,998
 
 
 
840,755
 
 
 
52,958
 
 
 
360,120
 
 
 
34,829,711
 
Net fee Income (Expense)
 
 
15,983,558
 
 
 
12,982,524
 
 
 
—  
 
 
 
363
 
 
 
(882,802
) 
 
 
28,083,643
 
Net Income from Financial Instruments measured at fair value through Profit or Loss
 
 
69,892,812
 
 
 
2,574,730
 
 
 
71,614
 
 
 
291,069
 
 
 
—  
 
 
 
72,830,225
 
Income from Derecognition of Assets Measured at Amortized Cost
 
 
219,480
 
 
 
—  
 
 
 
—  
 
 
 
—  
 
 
 
—  
 
 
 
219,480
 
Exchange rate Differences on Gold and Foreign Currency
 
 
8,299,399
 
 
 
121,859
 
 
 
(2,767
) 
 
 
272,122
 
 
 
—  
 
 
 
8,690,613
 
Other Operating Income (Expense)
 
 
17,428,097
 
 
 
3,615,370
 
 
 
395,803
 
 
 
850,648
 
 
 
(1,157,769
) 
 
 
21,132,149
 
Income from Insurance Business
 
 
—  
 
 
 
—  
 
 
 
1,918,113
 
 
 
—  
 
 
 
1,755,199
 
 
 
3,673,312
 
Loan and other Receivables Loss Provisions
 
 
(16,327,637
) 
 
 
(5,941,434
) 
 
 
65,797
 
 
 
—  
 
 
 
—  
 
 
 
(22,203,274
) 
Personnel Expenses
 
 
(17,851,851
) 
 
 
(5,541,262
) 
 
 
(814,634
) 
 
 
(241,215
) 
 
 
—  
 
 
 
(24,448,962
) 
Administrative Expenses
 
 
(17,544,667
) 
 
 
(6,058,295
) 
 
 
(522,677
) 
 
 
(319,490
) 
 
 
128,208
 
 
 
(24,316,921
) 
Depreciation and Impairment of Assets
 
 
(3,688,592
) 
 
 
(1,144,637
) 
 
 
(214,065
) 
 
 
(17,282
) 
 
 
—  
 
 
 
(5,064,576
) 
Other Operating Expenses
 
 
(20,974,990
) 
 
 
(4,685,071
) 
 
 
(368
) 
 
 
(115,940
) 
 
 
6,818
 
 
 
(25,769,551
) 
Loss on net monetary position
 
 
(24,755,675
) 
 
 
(4,632,130
) 
 
 
(760,942
) 
 
 
(649,491
) 
 
 
—  
 
 
 
(30,798,238
) 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Operating Income
 
 
34,509,814
 
 
 
1,037,652
 
 
 
976,629
 
 
 
123,742
 
 
 
209,774
 
 
 
36,857,611
 
Share of profit from Associates and Joint Ventures
 
 
57,473
 
 
 
—  
 
 
 
—  
 
 
 
—  
 
 
 
(57,473
) 
 
 
—  
 
Income before Taxes from Continuing Operations
 
 
34,567,287
 
 
 
1,037,652
 
 
 
976,629
 
 
 
123,742
 
 
 
152,301
 
 
 
36,857,611
 
Income Tax from Continuing Operations
 
 
(12,284,172
) 
 
 
(384,481
) 
 
 
(342,823
) 
 
 
(27,018
) 
 
 
—  
 
 
 
(13,038,494
) 
Net Income from Continuing Operations
 
 
22,283,115
 
 
 
653,171
 
 
 
633,806
 
 
 
96,724
 
 
 
152,301
 
 
 
23,819,117
 
Income from Discontinued Operations
 
 
—  
 
 
 
—  
 
 
 
—  
 
 
 
—  
 
 
 
—  
 
 
 
—  
 
Income Tax from Discontinued Operations
 
 
—  
 
 
 
—  
 
 
 
—  
 
 
 
—  
 
 
 
—  
 
 
 
—  
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net Income (Loss) for the Year
 
 
22,283,115
 
 
 
653,171
 
 
 
633,806
 
 
 
96,724
 
 
 
152,301
 
 
 
23,819,117
 
Other Comprehensive Income (Loss)
 
 
413,387
 
 
 
—  
 
 
 
(10,716
) 
 
 
—  
 
 
 
—  
 
 
 
402,671
 
Net Income for the Year Attributable to
Non-controlling
Interests
 
 
—  
 
 
 
265
 
 
 
—  
 
 
 
—  
 
 
 
110,729
 
 
 
110,994
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net Income (Loss) for the Year Attributable to Parent Company’s Owners
 
 
22,696,502
 
 
 
652,906
 
 
 
623,090
 
 
 
96,724
 
 
 
41,572
 
 
 
24,110,794
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
       
 
 
Banks
 
 
Regional

Credit
Cards
 
 
Insurance
 
 
Other

Businesses
 
 
Adjustments
 
 
Total as of

12.31.18
 
Net Income from interest
 
 
36,321,873
 
 
 
14,118,849
 
 
 
651,111
 
 
 
188,948
 
 
 
43,035
 
 
 
51,323,816
 
Net fee Income (Expense)
 
 
19,194,255
 
 
 
13,737,370
 
 
 
—  
 
 
 
(3,669
) 
 
 
(52,872
) 
 
 
32,875,084
 
Net Income from Financial Instruments measured at fair value through Profit or Loss
 
 
24,593,481
 
 
 
1,361,704
 
 
 
33,535
 
 
 
705,383
 
 
 
—  
 
 
 
26,694,103
 
Income from Derecognition of Assets Measured at Amortized Cost
 
 
340,953
 
 
 
—  
 
 
 
—  
 
 
 
—  
 
 
 
—  
 
 
 
340,953
 
Exchange rate Differences on Gold and Foreign Currency
 
 
5,675,217
 
 
 
(78,136
) 
 
 
6,367
 
 
 
206,911
 
 
 
—  
 
 
 
5,810,359
 
Other Operating Income (Expense)
 
 
10,690,164
 
 
 
5,664,346
 
 
 
251,961
 
 
 
1,423,299
 
 
 
(1,970,650
) 
 
 
16,059,120
 
Income from Insurance Business
 
 
—  
 
 
 
—  
 
 
 
2,480,269
 
 
 
—  
 
 
 
1,933,673
 
 
 
4,413,942
 
Loan and other Receivables Loss Provisions
 
 
(16,726,059
) 
 
 
(8,228,337
) 
 
 
(119,866
) 
 
 
—  
 
 
 
—  
 
 
 
(25,074,262
) 
Personnel Expenses
 
 
(17,742,469
) 
 
 
(7,370,447
) 
 
 
(884,221
) 
 
 
(194,748
) 
 
 
—  
 
 
 
(26,191,885
) 
Administrative Expenses
 
 
(16,086,816
) 
 
 
(7,622,837
) 
 
 
(628,655
) 
 
 
(444,303
) 
 
 
47,662
 
 
 
(24,734,949
) 
Depreciation and Impairment of Assets
 
 
(1,567,989
) 
 
 
(820,951
) 
 
 
(140,717
) 
 
 
(11,616
) 
 
 
—  
 
 
 
(2,541,273
) 
Other Operating Expenses
 
 
(19,724,535
) 
 
 
(6,160,489
) 
 
 
(618
) 
 
 
(110,596
) 
 
 
—  
 
 
 
(25,996,238
) 
Loss on net monetary position
 
 
(20,007,090
) 
 
 
(5,914,357
) 
 
 
(862,275
) 
 
 
(1,004,052
) 
 
 
—  
 
 
 
(27,787,774
) 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Operating Income
 
 
4,960,985
 
 
 
(1,313,285
) 
 
 
786,891
 
 
 
755,557
 
 
 
848
 
 
 
5,190,996
 
Share of profit from Associates and Joint Ventures
 
 
29,265
 
 
 
—  
 
 
 
—  
 
 
 
—  
 
 
 
(29,265
) 
 
 
—  
 
Income / (Loss) before Taxes from Continuing Operations
 
 
4,990,250
 
 
 
(1,313,285
) 
 
 
786,891
 
 
 
755,557
 
 
 
(28,417
) 
 
 
5,190,996
 
Income Tax from Continuing Operations
 
 
(7,706,460
) 
 
 
(1,978,259
) 
 
 
(476,525
) 
 
 
(472,461
) 
 
 
—  
 
 
 
(10,633,705
) 
Net Income from Continuing Operations
 
 
(2,716,210
) 
 
 
(3,291,544
) 
 
 
310,366
 
 
 
283,096
 
 
 
(28,417
) 
 
 
(5,442,709
) 
Loss from Discontinued Operations
 
 
(386,705
) 
 
 
—  
 
 
 
—  
 
 
 
(12,884
) 
 
 
—  
 
 
 
(399,589
) 
Income Tax from Discontinued Operations
 
 
(46,620
) 
 
 
—  
 
 
 
—  
 
 
 
(2,106
) 
 
 
—  
 
 
 
(48,726
) 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net Income (Loss) for the Year
 
 
(3,149,535
) 
 
 
(3,291,544
) 
 
 
310,366
 
 
 
268,106
 
 
 
(28,417
) 
 
 
(5,891,024
) 
Other Comprehensive Income (Loss)
 
 
(118,343
) 
 
 
—  
 
 
 
(16,237
) 
 
 
—  
 
 
 
—  
 
 
 
(134,580
) 
Net Income for the Year Attributable to
Non-controlling
Interests
 
 
—  
 
 
 
(572
) 
 
 
—  
 
 
 
—  
 
 
 
(558,893
) 
 
 
(559,465
) 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net Income (Loss) for the Year Attributable to Parent Company’s Owners
 
 
(3,267,878
) 
 
 
(3,290,972
) 
 
 
294,129
 
 
 
268,106
 
 
 
530,476
 
 
 
(5,466,139
) 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Banks
 
 
Regional

Credit
Cards
 
 
Insurance
 
 
Other

Businesses
 
 
Adjustments
 
 
Total as of

12.31.17
 
Net Income from interest
 
 
30,343,208
 
 
 
14,692,244
 
 
 
658,322
 
 
 
205,239
 
 
 
56,932
 
 
 
45,955,945
 
Net fee Income (Expense)
 
 
18,710,757
 
 
 
16,239,409
 
 
 
—  
 
 
 
(4,379
) 
 
 
(2,382,485
) 
 
 
32,563,302
 
Net Income from Financial Instruments measured at fair value through Profit or Loss
 
 
10,346,176
 
 
 
948,513
 
 
 
(25,758
) 
 
 
1,747,349
 
 
 
—  
 
 
 
13,016,280
 
Income from Derecognition of Assets Measured at Amortized Cost
 
 
—  
 
 
 
—  
 
 
 
—  
 
 
 
—  
 
 
 
—  
 
 
 
—  
 
Exchange rate Differences on Gold and Foreign Currency
 
 
5,101,331
 
 
 
27,139
 
 
 
3,055
 
 
 
220,090
 
 
 
—  
 
 
 
5,351,615
 
Other Operating Income (Expense)
 
 
7,818,416
 
 
 
5,429,379
 
 
 
112,112
 
 
 
2,111,479
 
 
 
(127,804
) 
 
 
15,343,582
 
Income from Insurance Business
 
 
—  
 
 
 
—  
 
 
 
2,633,978
 
 
 
—  
 
 
 
2,465,431
 
 
 
5,099,409
 
Loan and other Receivables Loss Provisions
 
 
(6,162,426
) 
 
 
(5,034,644
) 
 
 
(23,244
) 
 
 
—  
 
 
 
—  
 
 
 
(11,220,314
) 
Personnel Expenses
 
 
(17,468,835
) 
 
 
(7,708,187
) 
 
 
(848,259
) 
 
 
(262,633
) 
 
 
—  
 
 
 
(26,287,914
) 
Administrative Expenses
 
 
(14,286,964
) 
 
 
(6,947,580
) 
 
 
(692,419
) 
 
 
(314,250
) 
 
 
53,109
 
 
 
(22,188,104
) 
Depreciation and Impairment of Assets
 
 
(1,411,511
) 
 
 
(708,236
) 
 
 
(74,354
) 
 
 
(20,224
) 
 
 
—  
 
 
 
(2,214,325
) 
Other Operating Expenses
 
 
(16,162,844
) 
 
 
(6,183,421
) 
 
 
(2,482
) 
 
 
(118,823
) 
 
 
—  
 
 
 
(22,467,570
) 
Loss on net monetary position
 
 
(4,757,368
) 
 
 
(3,247,894
) 
 
 
(529,766
) 
 
 
(1,961,413
) 
 
 
—  
 
 
 
(10,496,441
) 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Operating Income
 
 
12,069,940
 
 
 
7,506,722
 
 
 
1,211,185
 
 
 
1,602,435
 
 
 
65,183
 
 
 
22,455,465
 
Share of profit from Associates and Joint Ventures
 
 
3,167,771
 
 
 
—  
 
 
 
5,104
 
 
 
—  
 
 
 
(2,678,793
) 
 
 
494,082
 
Income before Taxes from Continuing Operations
 
 
15,237,711
 
 
 
7,506,722
 
 
 
1,216,289
 
 
 
1,602,435
 
 
 
(2,613,610
) 
 
 
22,949,547
 
Income Tax from Continuing Operations
 
 
(5,662,856
) 
 
 
(4,268,291
) 
 
 
(630,965
) 
 
 
(696,923
) 
 
 
—  
 
 
 
(11,259,035
) 
Net Income from Continuing Operations
 
 
9,574,855
 
 
 
3,238,431
 
 
 
585,324
 
 
 
905,512
 
 
 
(2,613,610
) 
 
 
11,690,512
 
Income from Discontinued Operations
 
 
—  
 
 
 
—  
 
 
 
—  
 
 
 
—  
 
 
 
—  
 
 
 
—  
 
Income Tax from Discontinued Operations
 
 
(494,971
) 
 
 
—  
 
 
 
—  
 
 
 
—  
 
 
 
—  
 
 
 
(494,971
) 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net Income (Loss) for the Year
 
 
9,079,884
 
 
 
3,238,431
 
 
 
585,324
 
 
 
905,512
 
 
 
(2,613,610
) 
 
 
11,195,541
 
Other Comprehensive Income (Loss)
 
 
(704,222
) 
 
 
—  
 
 
 
35,463
 
 
 
—  
 
 
 
—  
 
 
 
(668,759
) 
Net Income for the Year Attributable to
Non-controlling
Interests
 
 
—  
 
 
 
161
 
 
 
—  
 
 
 
—  
 
 
 
744,640
 
 
 
744,801
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net Income (Loss) for the Year Attributable to Parent Company’s Owners
 
 
8,375,662
 
 
 
3,238,270
 
 
 
620,787
 
 
 
905,512
 
 
 
(3,358,250
) 
 
 
9,781,981
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Banks
 
 
Regional

Credit
Cards
 
 
Insurance
 
 
Other

Businesses
 
 
Adjustments
 
 
Total as of

12.31.19
 
ASSETS
 
   
 
   
 
   
 
   
 
   
 
   
Cash and Due from Banks
 
 
129,142,190
 
 
 
4,127,303
 
 
 
75,769
 
 
 
707,662
 
 
 
(3,403,863
) 
 
 
130,649,061
 
Debt Securities at fair value through profit or loss
 
 
65,697,956
 
 
 
—  
 
 
 
36,607
 
 
 
51
 
 
 
(44,154
) 
 
 
65,690,460
 
Derivative Financial Instruments
 
 
2,329,074
 
 
 
—  
 
 
 
—  
 
 
 
—  
 
 
 
—  
 
 
 
2,329,074
 
Repurchase Transactions
 
 
30,075,478
 
 
 
—  
 
 
 
—  
 
 
 
—  
 
 
 
—  
 
 
 
30,075,478
 
Other Financial Assets
 
 
5,715,140
 
 
 
4,544,284
 
 
 
319,821
 
 
 
343,721
 
 
 
(7,632
) 
 
 
10,915,334
 
Loans and Other Financing
 
 
309,328,800
 
 
 
48,426,980
 
 
 
263,419
 
 
 
2,518,246
 
 
 
(1,978,576
) 
 
 
358,558,869
 
Other Debt Securities
 
 
16,131,914
 
 
 
1,312,367
 
 
 
1,706,677
 
 
 
—  
 
 
 
(131,328
) 
 
 
19,019,630
 
Financial Assets Pledged as Collateral
 
 
11,541,906
 
 
 
7,064
 
 
 
408
 
 
 
1,616
 
 
 
(408
) 
 
 
11,550,586
 
Current Income Tax Assets
 
 
—  
 
 
 
15,413
 
 
 
—  
 
 
 
25,090
 
 
 
—  
 
 
 
40,503
 
Investments in Equity Instruments
 
 
4,554,453
 
 
 
—  
 
 
 
—  
 
 
 
—  
 
 
 
—  
 
 
 
4,554,453
 
Equity Investments in Associates and Joint Ventures
 
 
307,997
 
 
 
—  
 
 
 
—  
 
 
 
—  
 
 
 
(307,997
) 
 
 
—  
 
Property, Plant and Equipment
 
 
29,062,077
 
 
 
3,405,766
 
 
 
456,269
 
 
 
39,874
 
 
 
—  
 
 
 
32,963,986
 
Intangible Assets
 
 
7,124,074
 
 
 
1,465,570
 
 
 
103,068
 
 
 
913,732
 
 
 
(913,732
) 
 
 
8,692,712
 
Deferred Income Tax Assets
 
 
—  
 
 
 
2,518,351
 
 
 
190,979
 
 
 
97,607
 
 
 
—  
 
 
 
2,806,937
 
Assets for Insurance Contracts
 
 
—  
 
 
 
—  
 
 
 
1,181,512
 
 
 
—  
 
 
 
—  
 
 
 
1,181,512
 
Other
Non-financial
Assets
 
 
5,306,137
 
 
 
292,901
 
 
 
120,006
 
 
 
734,533
 
 
 
(2,169
) 
 
 
6,451,408
 
Non-current
Assets Held for Sale
 
 
39,008
 
 
 
—  
 
 
 
—  
 
 
 
—  
 
 
 
—  
 
 
 
39,008
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
TOTAL ASSETS
 
 
616,356,204
 
 
 
66,115,999
 
 
 
4,454,535
 
 
 
5,382,132
 
 
 
(6,789,859
) 
 
 
685,519,011
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
LIABILITIES
 
   
 
   
 
   
 
   
 
   
 
   
Deposits
 
 
397,839,586
 
 
 
—  
 
 
 
—  
 
 
 
—  
 
 
 
(4,104,180
) 
 
 
393,735,406
 
Liabilities at Fair Value Through Profit or Loss
 
 
1,422,157
 
 
 
—  
 
 
 
—  
 
 
 
—  
 
 
 
—  
 
 
 
1,422,157
 
Derivative Financial Instruments
 
 
881,099
 
 
 
—  
 
 
 
—  
 
 
 
—  
 
 
 
—  
 
 
 
881,099
 
Other Financial Liabilities
 
 
37,931,718
 
 
 
31,891,050
 
 
 
—  
 
 
 
2,089,640
 
 
 
(549,690
) 
 
 
71,362,718
 
Financing Received from the Argentine Central Bank and Other Financial Institutions
 
 
20,455,970
 
 
 
2,937,657
 
 
 
3,089
 
 
 
—  
 
 
 
(673,029
) 
 
 
22,723,687
 
Debt Securities
 
 
18,908,535
 
 
 
10,507,798
 
 
 
—  
 
 
 
—  
 
 
 
(175,482
) 
 
 
29,240,851
 
Current Income Tax Liabilities
 
 
9,214,324
 
 
 
918,094
 
 
 
149,212
 
 
 
32,880
 
 
 
—  
 
 
 
10,314,510
 
Subordinated Debt Securities
 
 
15,499,212
 
 
 
—  
 
 
 
—  
 
 
 
—  
 
 
 
—  
 
 
 
15,499,212
 
Provisions
 
 
2,482,074
 
 
 
108,360
 
 
 
128,532
 
 
 
28,000
 
 
 
—  
 
 
 
2,746,966
 
Deferred Income Tax Liabilities
 
 
1,893,122
 
 
 
—  
 
 
 
238,590
 
 
 
86,989
 
 
 
—  
 
 
 
2,218,701
 
Liabilities for Insurance Contracts
 
 
—  
 
 
 
—  
 
 
 
1,472,643
 
 
 
—  
 
 
 
(4,008
) 
 
 
1,468,635
 
Other
Non-financial
Liabilities
 
 
13,530,914
 
 
 
2,733,664
 
 
 
473,282
 
 
 
393,979
 
 
 
(61,741
) 
 
 
17,070,098
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
TOTAL LIABILITIES
 
 
520,058,711
 
 
 
49,096,623
 
 
 
2,465,348
 
 
 
2,631,488
 
 
 
(5,568,130
) 
 
 
568,684,040
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Banks
 
 
Regional

Credit
Cards
 
 
Insurance
 
 
Other

Businesses
 
 
Adjustments
 
 
Total as of

12.31.18
 
ASSETS
 
   
 
   
 
   
 
   
 
   
 
   
Cash and Due from Banks
 
 
218,518,059
 
 
 
2,098,969
 
 
 
84,891
 
 
 
143,075
 
 
 
(388,659
) 
 
 
220,456,335
 
Debt Securities at fair value through profit or loss
 
 
116,776,939
 
 
 
—  
 
 
 
128,413
 
 
 
125,375
 
 
 
(217,842
) 
 
 
116,812,885
 
Derivative Financial Instruments
 
 
2,746,893
 
 
 
—  
 
 
 
—  
 
 
 
—  
 
 
 
—  
 
 
 
2,746,893
 
Repurchase Transactions
 
 
3,181,371
 
 
 
—  
 
 
 
—  
 
 
 
—  
 
 
 
—  
 
 
 
3,181,371
 
Other Financial Assets
 
 
7,211,668
 
 
 
5,656,445
 
 
 
360,977
 
 
 
769,422
 
 
 
(79,861
) 
 
 
13,918,651
 
Loans and Other Financing
 
 
369,596,412
 
 
 
67,764,567
 
 
 
655,571
 
 
 
1,680,212
 
 
 
(4,797,073
) 
 
 
434,899,689
 
Other Debt Securities
 
 
21,034,476
 
 
 
—  
 
 
 
1,357,216
 
 
 
—  
 
 
 
(202,700
) 
 
 
22,188,992
 
Financial Assets Pledged as Collateral
 
 
16,633,127
 
 
 
7,681
 
 
 
—  
 
 
 
—  
 
 
 
—  
 
 
 
16,640,808
 
Current Income Tax Assets
 
 
—  
 
 
 
18,366
 
 
 
126,149
 
 
 
1,500
 
 
 
—  
 
 
 
146,015
 
Investments in Equity Instruments
 
 
245,520
 
 
 
—  
 
 
 
—  
 
 
 
2,233
 
 
 
—  
 
 
 
247,753
 
Equity Investments in Associates and Joint Ventures
 
 
625,879
 
 
 
—  
 
 
 
—  
 
 
 
—  
 
 
 
(625,879
) 
 
 
—  
 
Property, Plant and Equipment
 
 
26,540,970
 
 
 
2,779,156
 
 
 
452,976
 
 
 
12,828
 
 
 
—  
 
 
 
29,785,930
 
Intangible Assets
 
 
5,925,269
 
 
 
993,111
 
 
 
138,138
 
 
 
—  
 
 
 
—  
 
 
 
7,056,518
 
Deferred Income Tax Assets
 
 
—  
 
 
 
1,336,297
 
 
 
153,628
 
 
 
6,826
 
 
 
—  
 
 
 
1,496,751
 
Assets for Insurance Contracts
 
 
—  
 
 
 
—  
 
 
 
1,511,406
 
 
 
—  
 
 
 
—  
 
 
 
1,511,406
 
Other
Non-financial
Assets
 
 
3,411,690
 
 
 
435,818
 
 
 
28,719
 
 
 
469,185
 
 
 
(2
) 
 
 
4,345,410
 
Non-current
Assets Held for Sale
 
 
935,324
 
 
 
—  
 
 
 
—  
 
 
 
—  
 
 
 
—  
 
 
 
935,324
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
TOTAL ASSETS
 
 
793,383,597
 
 
 
81,090,410
 
 
 
4,998,084
 
 
 
3,210,656
 
 
 
(6,312,016
) 
 
 
876,370,731
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
LIABILITIES
 
   
 
   
 
   
 
   
 
   
 
   
Deposits
 
 
556,020,723
 
 
 
—  
 
 
 
—  
 
 
 
—  
 
 
 
(2,074,435
) 
 
 
553,946,288
 
Liabilities at Fair Value Through Profit or Loss
 
 
4,131,124
 
 
 
—  
 
 
 
—  
 
 
 
—  
 
 
 
(831,936
) 
 
 
3,299,188
 
Derivative Financial Instruments
 
 
2,824,038
 
 
 
—  
 
 
 
—  
 
 
 
—  
 
 
 
—  
 
 
 
2,824,038
 
Repurchase Transactions
 
 
2,997,515
 
 
 
—  
 
 
 
—  
 
 
 
—  
 
 
 
—  
 
 
 
2,997,515
 
Other Financial Liabilities
 
 
63,035,067
 
 
 
36,027,422
 
 
 
—  
 
 
 
55,858
 
 
 
(1,842,363
) 
 
 
97,275,984
 
Financing Received from the Argentine Central Bank and Other Financial Institutions
 
 
26,906,505
 
 
 
3,007,701
 
 
 
86
 
 
 
—  
 
 
 
—  
 
 
 
29,914,292
 
Debt Securities
 
 
23,886,735
 
 
 
23,042,955
 
 
 
—  
 
 
 
—  
 
 
 
(805,116
) 
 
 
46,124,574
 
Current Income Tax Liabilities
 
 
4,830,013
 
 
 
58,667
 
 
 
312,506
 
 
 
117,737
 
 
 
—  
 
 
 
5,318,923
 
Subordinated Debt Securities
 
 
15,026,155
 
 
 
—  
 
 
 
—  
 
 
 
—  
 
 
 
—  
 
 
 
15,026,155
 
Provisions
 
 
1,921,364
 
 
 
99,986
 
 
 
120,494
 
 
 
87,684
 
 
 
—  
 
 
 
2,229,528
 
Deferred Income Tax Liabilities
 
 
2,594,429
 
 
 
—  
 
 
 
164,153
 
 
 
169,842
 
 
 
—  
 
 
 
2,928,424
 
Liabilities for Insurance Contracts
 
 
—  
 
 
 
—  
 
 
 
1,763,712
 
 
 
—  
 
 
 
(66,602
) 
 
 
1,697,110
 
Other
Non-financial
Liabilities
 
 
13,611,942
 
 
 
3,264,605
 
 
 
646,516
 
 
 
165,138
 
 
 
(41,269
) 
 
 
17,646,932
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
TOTAL LIABILITIES
 
 
717,785,610
 
 
 
65,501,336
 
 
 
3,007,467
 
 
 
596,259
 
 
 
(5,661,721
) 
 
 
781,228,951