Basis for the Preparation of these Financial Statements and Applicable Accounting Standards (Tables)

12 Months Ended

Dec. 31, 2021

The Bank’s equity interest and voting rights in the companies it consolidates is as follows:

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As of December 31, 2021:


Subsidiaries	Shares				Bank’s interest						Non-controlling interest
Subsidiaries	Type		Number		Total capital stock			Voting rights			Total capital stock			Voting rights
Macro Securities SA		Common		12,776,680		99.925	%		99.932	%		0.075	%		0.068	%
Macro Fiducia SA		Common		46,935,318		99.046	%		99.046	%		0.954	%		0.954	%
Macro Fondos SGFCISA		Common		327,183		99.939	%		100.00	%		0.061	%
Macro Bank Limited		Common		39,816,899		99.999	%		100.00	%		0.001	%
Argenpay SAU (1)		Common		341,200,000		100.00	%		100.00	%
Fintech SGR (Structured entity)		Common		119,993		24.999	%		24.999	%		75.001	%		75.001	%

(1)	On December 15, 2021, the Extraordinary Shareholders’ Meeting of Argenpay SAU accepted the irrevocable capital contributions for 100,000 made by Banco Macro SA, through the issuance of 100,000,000 common, registered shares, with a face value of Ps. 1.

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As of December 31, 2020:

Total assets, liabilities and Shareholders’ equity of the Bank and its subsidiaries as of December 31, 2021 and 2020 are as follows:


Balances as of 12/31/2021	Banco Macro SA		Macro Bank Limited		Macro Securities SA		Macro Fiducia SA		Argenpay SAU		Fintech SGR		Eliminations			Consolidated
Assets		983,858,205		9,147,844		15,084,713		122,368		1,184,518		1,395,123		(11,493,308	)		999,299,463
Liabilities		744,258,642		6,178,147		11,710,996		2,874		694,678		1,349,026		(4,532,345	)		759,662,018
Equity attributable to the owners of the Bank		239,599,563		2,969,697		3,201,429		119,494		489,840		46,097		(6,826,557	)		239,599,563
Equity attributable to non-controlling interests						172,288								(134,406	)		37,882


Balances as of 12/31/2020	Banco Macro SA		Macro Bank Limited		Macro Securities SA		Macro Fiducia SA		Argenpay SAU		Eliminations			Consolidated
Assets		1,138,994,865		11,413,967		29,081,800		133,432		530,917		(11,068,112	)		1,169,086,869
Liabilities		910,251,958		7,482,320		26,562,125		8,123		256,184		(4,219,570	)		940,341,140
Equity attributable to the owners of the Bank		228,742,907		3,931,647		2,403,681		125,309		274,733		(6,735,370	)		228,742,907
Equity attributable to non-controlling interests						115,994						(113,172	)		2,822