XML 70 R47.htm IDEA: XBRL DOCUMENT

FAIR VALUES (Tables)

12 Months Ended

Dec. 31, 2021

FAIR VALUES

Summary of fair values of financial assets and financial liabilities


Financial Instruments as of 12/31/2021		FV level 1		FV level 2		FV level 3		Total
Assets
- Cash and due from banks		—		—		—		—

- Debt securities at fair value through profit or loss		19,446,167		311,518		—		19,757,685
- Derivatives		221,858		—		—		221,858
- Other financial assets		12,378,608		—		—		12,378,608
- Other debt securities		13,405,096		57,288,562		—		70,693,658
- Financial assets pledged as collateral		8,085,145		—		—		8,085,145
- Investments in Equity Instruments		157,013		—		107,267		264,280
Total Assets		53,693,887		57,600,080		107,267		111,401,234
Liabilities
- Liabilities at fair value through profit or loss		2,053,216		—		—		2,053,216
- Derivatives		—		—		—		—
- Other financial liabilities		23,010,832		—		—		23,010,832
Total Liabilities		25,064,048		—		—		25,064,048


Financial Instruments as of 12/31/2020		FV level 1		FV level 2		FV level 3		Total
Assets
- Cash and due from banks		—		—		—		—
- Debt securities at fair value through profit or loss		14,539,804		361,008		—		14,900,812
- Derivatives		217,271		—		—		217,271
- Other financial assets		5,143,926		—		—		5,143,926
- Other debt securities		9,589,618		42,537,745		—		52,127,363
- Financial assets pledged as collateral		7,075,371		—		—		7,075,371
- Investments in Equity Instruments		131,517		—		44,070		175,587
Total Assets		36,697,507		42,898,753		44,070		79,640,330
Liabilities
- Liabilities at fair value through profit or loss		3,021,859		—		—		3,021,859
- Derivatives		3,011		—		—		3,011
- Other financial liabilities		11,058,933		—		—		11,058,933
Total Liabilities		14,083,803		—		—		14,083,803

Summary of reconciliation of the financial instruments


FV level 3		12/31/2020		Transfers		Additions		Disposals		P/L		12/31/2021
Assets
- Investments in equity instruments		44,070		—		—		—		63,197		107,267

Summary of difference between carrying amount and fair value of assets and liabilities


Other Financial Instruments as of 12/31/2021		Book value		Fair value		FV Level 1		FV Level 2		FV Level 3
Financial Assets
- Cash and due from Banks		32,574,118		32,574,118		32,574,118		—		—
- Other financial assets		1,544,353		1,544,353		1,544,353		—		—
- Loans and other financing		155,474,329		168,830,874		—		—		168,830,874
- Reverse Repo transactions		42,849,578		42,849,578		42,849,578		—		—
- Other Debt Securities		8,236,582		8,236,582		8,236,582		—		—
- Financial assets Pledged as collateral		454,789		454,789		454,789		—		—
		241,133,749		254,490,294		85,659,420		—		168,830,874
Financial Liabilities
- Deposits		288,458,097		289,841,919		—		—		289,841,919
- Other financial liabilities		769,410		769,410		769,410		—		—
- Financing received from the Central Bank and other financial institutions		6,252,548		6,619,853		—		—		6,619,853
- Unsubordinated Debt securities		1,059,240		1,059,240		1,059,240		—		—
- Subordinated Debt securities		—		—		—		—		—
		296,539,295		298,290,422		1,828,650		—		296,461,772


Other Financial Instruments as of 12/31/2020		Book value		Fair value		FV Level 1		FV Level 2		FV Level 3
Financial Assets
- Cash and due from Banks		55,357,647		55,357,646		55,357,646		—		—
- Other financial assets		1,324,257		1,324,256		1,324,256		—		—
- Loans and other financing		159,085,216		169,661,913		—		—		169,661,913
- Reverse Repo transactions		33,742,603		33,742,602		33,742,602		—		—
- Other Debt Securities		9,547,351		9,547,352		9,547,352		—		—
- Financial assets Pledged as collateral		328,218		328,218		328,218		—		—
		259,385,292		269,961,987		100,300,074		—		169,661,913
Financial Liabilities
- Deposits		269,644,541		270,669,910		—		—		270,669,910
- Other financial liabilities		305,295		305,295		305,295		—		—
- Financing received from the Central Bank and other financial institutions		8,833,545		8,464,650		—		—		8,464,650
- Unsubordinated Debt securities		6,379,922		6,379,922		6,379,922		—		—
- Subordinated Debt securities		1,721,443		1,799,667		1,799,667		—		—
		286,884,746		287,619,444		8,484,884		—		279,134,560

Summary of equity instruments measured at fair value with changes in profit or loss


		12/31/2021		12/31/2020
Grupo Financiero Galicia S.A.		16,273		113,027
Pampa Holding S.A		24,701		12,507
Loma Negra S.A.		16,086		4,798
YPF SA		9,628		269
Ternium Argentina S.A.		33,451		80
Aluar S.A		18,141		78
Transener S.A.		7,290		12
Others		31,443		746
Total		157,013		131,517

Summary of equity instruments measured at fair value with changes in other comprehensive income


		FV at		Income				FV at
Detail		12/31/2020		through OCI		Additions		12/31/2021
Mercado Abierto Electrónico S.A.		6,958		38,788		-		45,746
Seguro de Depósitos S.A		2,436		4,598		-		7,034
Compensador Electrónica S.A.		1,387		9,944		-		11,331
Provincanje S.A.		411		4,018		-		4,429
Cuyo Aval Sociedad de Garantía Recíproca		2,168		(774)		-		1,394
Argencontrol S.A.		189		(32)		-		157
Los Grobo Sociedad de Garantía Recíproca		110		(109)		-		1
IEBA S.A.		92		(31)		-		61
Play Digital S.A.		30,119		(52,392)		59,230		36,957
Otras Sociedades de Garantía Recíproca		200		(43)		—		157
Total		44,070		3,967		59,230		107,267


		FV at		Income				FV at
Detail		12/31/2019		through OCI		Additions		12/31/2020
Mercado Abierto Electrónico S.A.		9,473		(2,515)		—		6,958
Seguro de Depósitos S.A		3,316		(880)		—		2,436
Compensador Electrónica S.A.		1,888		(501)		—		1,387
Provincanje S.A.		562		(151)		—		411
Cuyo Aval Sociedad de Garantía Recíproca		2,156		12		—		2,168
Argencontrol S.A.		257		(68)		—		189
Los Grobo Sociedad de Garantía Recíproca		143		(33)		—		110
IEBA S.A.		125		(33)		—		92
Play Digital S.A.		—		(37,869)		67,988		30,119
Otras Sociedades de Garantía Recíproca		129		71		—		200
Total		18,049		(41,967)		67,988		44,070