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Other Financial Assets | 12 Months Ended
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Dec. 31, 2021
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Other Financial Assets |
8 | OTHER FINANCIAL ASSETS
The composition of the other financial assets as of December 31, 2021 and 2020 is as follows:
Composition |  | 12/31/2021 |  |  | 12/31/2020 |
Receivables from spot sales of foreign currency pending settlement |  |  | 15,467,783 |  |  |  | 12,740,004 |
Sundry debtors (see note 12) |  |  | 10,037,417 |  |  |  | 11,155,644 |
Receivables from other spot sales pending settlement |  |  | 6,879,606 |  |  |  | 2,599,343 |
Private securities |  |  | 2,070,550 |  |  |  | 913,867 |
Receivables from spot sales of government securities pending settlement |  |  | 90,848 |  |  |  | 836,128 |
Other |  |  | 620,106 |  |  |  | 290,862 |
Subtotal |  |  | 35,166,310 |  |  |  | 28,535,848 |
Less: Allowances for ECL |  |  | (26,448 | ) |  |  | (28,569 | )
Total |  |  | 35,139,862 |  |  |  | 28,507,279 |
Disclosures related to allowance for ECL are detailed in item 9.4 of note 9 “Loss allowance for credit losses on credit exposures not measured at fair value through profit or loss”.

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