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Consolidated Statements of Cash Flows - ARS ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Cash flows from operating activities      
Income for the fiscal year before income tax $ 24,059,316 $ 59,171,604 $ 69,166,677
Total monetary effect on the fiscal year 66,386,613 46,376,595 57,861,065
Adjustments to obtain cash flows from operating activities:      
Depreciation and amortization of fixed assets 7,125,708 6,645,030 6,177,886
Credit loss expense on financial assets 2,595,721 11,866,426 8,932,537
Other adjustments 47,947,008 44,569,261 75,280,543
Difference in quoted prices of foreign currency (17,232,944) (25,870,675) (52,966,587)
Net increase / (decrease) from operating assets:      
Debt Securities at fair value through profit or loss 50,589,705 (125,354,659) (3,331,337)
Derivative Financial Instruments 1,492,237 (227,898) (1,210,970)
Repo transactions 28,097,963 (57,268,173) (2,235,591)
Loans and other financing      
Non-Financial Public Sector 3,080,060 7,799,653 (7,638,315)
Other Financial Entities 1,243,824 5,367,418 9,662,625
Non-Financial Private Sector and Foreign Residents 28,355,998 40,287,010 102,413,787
Other Debt Securities (34,327,573) (23,344,585) (9,032,699)
Financial Assets delivered as guarantee 3,608,863 359,816 (575,542)
Equity Instruments at fair value through profit or loss 4,095,582 (2,499,402) (74,554)
Other Assets (7,259,914) (16,996,283) (2,325,873)
Deposits      
Non-Financial Public Sector (54,638,323) 74,955,727 (24,962,286)
Financial sector (89,988) 405,601 176,859
Non-Financial Private Sector and Foreign Residents (94,135,188) 122,183,424 (187,262,328)
Liabilities at fair value through profit or loss 1,627,732    
Derivative Financial Instruments 2,185 (1,579,342) 1,575,362
Repo Transactions (933,682) (1,126,407) 1,540,178
Other Liabilities (5,972,211) 27,634,946 5,262,077
Income tax payments (11,065,015) (12,600,957) (17,953,837)
Total cash from operating activities (A) 44,653,677 180,754,130 28,479,677
Cash flows from investing activities Payments:      
Net payments of acquisition of PPE, intangible and other assets (6,892,469) (5,548,778) (8,506,756)
Control obtained in subsidiaries and other businesses (35,653)    
Total cash used in investing activities (B) (6,928,122) (5,548,778) (8,506,756)
Payments:      
Dividends   (605) (17,480,360)
Acquisition or redemption of equity instruments   0 (613,896)
Non-subordinated corporate bonds (4,089,740) (3,082,883) (4,942,222)
Financing from local financial entities (794,081) (3,077,021) (4,842,331)
Subordinated corporate bonds (3,013,961) (3,390,283) (3,327,781)
Other payments related to financing activities (632,525) (856,501) (700,680)
Collections/Incomes:      
Central Bank of Argentina 0 10,548 29,195
Total cash used in financing activities (C) (8,530,307) (10,396,745) (31,878,075)
Effect of exchange rate fluctuations (D) 27,091,498 44,038,434 78,764,149
Monetary effect on cash and cash equivalents (144,244,148) (113,835,110) (176,921,289)
Net (decrease) / increase in cash and cash equivalents (A+B+C+D+E) (87,957,402) 95,011,931 (110,062,294)
Cash and cash equivalents at the beginning of the fiscal year 397,889,304 302,877,373 412,939,667
Cash and cash equivalents at the end of the fiscal year $ 309,931,902 $ 397,889,304 $ 302,877,373