Note 2 - Principles of Consolidation, Accounting policies and measurement bases applied and recent IFRS pronouncements - Amortization Rate (Tables)

12 Months Ended

Dec. 31, 2019

Principles Of Consolidations Accounting Policies And Measurement Basis And Recent IFRS Pronouncements

Amortization Rates

Depreciation rates for tangible assets
Type of assets	Annual Percentage
Buildings for own use	1% - 4%
Furniture	8% - 10%
Fixtures	6% - 12%
Office supplies and hardware	8% - 25%

GPI Argentina

General Price Index
	2019	2018
GPI	285	184
Average GPI	233	152
Inflation of the period	55%	48%