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Fair Values Of Financial Instruments (Tables)

12 Months Ended

Dec. 31, 2020

Fair Value Of Financial Instruments [Abstract]

Table Of Assets And Liabilities Measured At Fair Value


	Book value		Total fair value		Level 1 Fair value		Level 2 Fair value		Level 3 Fair value
Financial assets

Financial assets at fair value through profit or loss
- Debt securities		942,761		942,761		541,977		400,784		—
- Derivatives		3,877,749		3,877,749		—		2,695,749		1,182,000
- Equity instruments		7,795,950		7,795,950		1,762,142		—		6,033,808
Financial assets at fair value through other comprehensive income - Debt securities		127,543,852		127,543,852		1,947,177		125,596,675		—
Financial assets at fair value through other comprehensive income - Equity instruments		28,499		28,499		—		28,499		—

Total		140,188,811		140,188,811		4,251,296		128,721,707		7,215,808

Financial liabilities at fair value through profit or loss

Derivatives		188,694		188,694		—		188,694		—

Total		188,694		188,694		—		188,694		—

The fair value hierarchy of assets and liabilities measured at fair value as of December 31, 2019 is detailed below:


	Book value		Total fair value		Level 1 Fair value		Level 2 Fair value		Level 3 Fair value
Financial assets

Financial assets at fair value through profit or loss
- Debt securities		5,622,562		5,622,562		—		5,622,562		—
– Derivatives		4,148,248		4,148,248		—		3,215,686		932,562
- Equity instruments		5,653,673		5,653,673		1,524,516		—		4,129,157
Financial assets at fair value through other comprehensive income - Debt securities		61,506,254		61,506,254		1,667,766		59,838,488		—
Financial assets at fair value through other comprehensive income - Equity instruments		37,260		37,260		—		37,260		—

Total		76,967,997		76,967,997		3,192,284		68,713,996		5,061,719

Financial liabilities at fair value through profit or loss

Trading liabilities		790,707		790,707		790,707		—		—
Derivatives		4,183,526		4,183,526		—		4,183,526		—

Total		4,974,233		4,974,233		790,707		4,183,526		—

Table Of Transfers Between Hierarchy Levels From Level 1 To Level 2


	December 31, 2020		December 31, 2019
Treasury Bonds adjusted by CER in pesos maturing in 2021		62,700		142,429

Disclosure Of Sensitivity Analysis Of Fair Value Measurement To Changes In Unobservable Inputs Assets

The sensitivity is related to the two following variables: the WACC (Weighted Average Cost of Capital) and the g level (the growth factor for future cash flows after 2023 that determines the terminal value):


Prisma equity (49%) + minority discount (9.09%) – $ millions
			g (terminal value growth – annual )
			2.00%		3.00%		4.00%
	97.5	%		52,020.5		54,950.5		58,413.1
	100	%		51,368.3		54,252.6		57,664.8
	102.5	%		50,727.0		53,569.7		56,929.2

Table Of Assets And Liabilities Not Measured At Fair Value


	Book value		Total fair value			Level 2 Fair value		Level 3 Fair value
Financial assets

Cash and cash equivalents		152,040,070		(a	)		—		—
Other financial assets		20,841,365		(a	)		—		—
Loans and advances		279,585,511		276,440,067			—		276,440,067
Reverse repurchase agreements		48,686,967		(a	)		—		—
Financial liabilities

Deposits		478,223,264		473,797,890			1,677,826		472,120,064
Other financial liabilities		39,226,721		(a	)		—		—
Bank loans		9,626,028		9,870,481			4,813,284		5,057,197
Debt securities issued		1,168,782		1,137,658			1,137,658		—

The fair value hierarchy of assets and liabilities not measured at fair value as of December 31, 2019 is detailed below:


	Book value		Total fair value			Level 2 Fair value
Financial assets

Cash and cash equivalents		212,733,025		(a	)		—
Other financial assets		14,835,962		(a	)		—
Loans and advances		265,650,592		262,969,717			262,969,717

Financial liabilities

Deposits		400,236,797		397,728,689			397,728,689
Other financial liabilities		39,242,734		(a	)		—
Bank loans		8,371,111		8,326,413			8,326,413
Debt securities issued		9,964,233		9,889,946			9,889,946

a)	The Group does not report the fair value as the accounting values are a reasonable approximation of the fair values.

Disclosure of sensitivity analysis of fair value measurement to changes in unobservable inputs, assets [text block]

Below we present the sensitivity for the valuation of the put option per share, based on the level of implied volatility and the theoretical exercise price of the share price, the result of which is shown in the tables below:


Sensibility - US$
Volatility
			10.0%		12.0%		15.0%		20.0%
	95	%		1.08		1.16		1.26		1.42
	100	%		1.26		1.30		1.42		1.59
	105	%		1.43		1.48		1.58		1.75

Reconciliation of unobservable input reconciliation

The following table shows a reconciliation between opening balances and final balances of Level 3 fair values:


	December 31, 2020			December 31, 2019
Balance at the beginning of the fiscal year		5,061,719			—
Investments in equity instruments – Prisma Medios de Pago S.A. (*)		3,368,893			4,129,157
Derivatives - Put options - Prisma Medios de Pago S.A. (*)		497,000			932,562
Dividends received		(452,277	)		—
Net monetary inflation adjustment		(1,259,527	)		—

Balance at year-end		7,215,808			5,061,719

(*)	Presented in Gains on financial assets and liabilities at fair value through profit or loss, net.