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Consolidated Income Statement - ARS ($)
shares in Thousands, $ in Thousands
 12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Consolidated Income Statement      
Interest income $ 64,699,880 $ 60,983,625 $ 63,700,230
Interest expenses (28,578,388) (47,531,377) (36,468,510)
Net interest income 36,121,492 13,452,248 27,231,720
Net income from financial instruments (NIFFI) at fair value through profit or loss 3,315,582 28,536,382 13,215,705
Result from derecognition of assets measured at amortized cost 657,019    
Exchange rate differences on gold and foreign currency 1,064,545 (441,191) 2,359,639
Net Income From Financial instruments And Exchange Rate Differences 5,037,146 28,095,191 15,575,344
Net Financial Income 41,158,638 41,547,439 42,807,064
Services Fee Income 11,493,824 11,707,556 12,414,260
Services Fee Expense (3,548,269) (3,054,954) (2,970,070)
Income from insurance activities 1,671,455 1,896,923 1,777,345
Net Service Fee Income 9,617,010 10,549,525 11,221,535
Subtotal 50,775,648 52,096,964 54,028,599
Results from exposure to changes in the purchasing power of money (4,290,328) (7,296,543) (12,597,117)
Other operating income 3,779,451 3,751,037 5,180,332
Loan loss provisions (8,615,060) (10,533,018) (10,846,363)
Net operating income 41,649,711 38,018,440 35,765,451
Personnel expenses 18,176,866 19,283,346 18,384,833
Administration expenses 10,318,557 10,310,666 11,729,051
Depreciation and impairment of non-financial assets 2,407,028 2,470,504 905,545
Other operating expenses 6,574,779 8,656,215 9,030,424
Income/ (Loss) before taxes 4,172,481 (2,702,291) (4,284,402)
Income tax (671,707) (229,663) (2,117,088)
Net income / (loss) for the year 3,500,774 (2,931,954) (6,401,490)
Net income / (loss) for the year attributable to owners of the parent company 3,499,882 (2,929,201) (6,341,497)
Net income / (loss) for the year attributable to non-controlling interest 892 (2,753) (59,993)
NUMERATOR      
Net income / (loss) for the year attributable to owners of the parent company 3,499,882 (2,929,201) (6,341,497)
Net income attributable to owners of the parent company adjusted by dilution $ 3,499,882 $ (2,929,201) $ (6,341,497)
DENOMINATOR      
Weighted average of ordinary shares 456,722 456,722 456,722
Weighted average of number of ordinary shares issued of the period adjusted by dilution effect 456,722 456,722 456,722
Basic Income per share $ 7.66 $ (6.41) $ (13.88)
Diluted Income per share $ 7.66 $ (6.41) $ (13.88)