XML 68 R48.htm IDEA: XBRL DOCUMENT

FAIR VALUES (Tables)

12 Months Ended

Dec. 31, 2022

FAIR VALUES

Summary of fair values of financial assets and financial liabilities


Financial Instruments as of 12/31/2022		FV level 1		FV level 2		FV level 3		Total
Assets
- Debt securities at fair value through profit or loss		22,381,002		3,675		—		22,384,677
- Derivatives		295,555		—		—		295,555
- Other financial assets		5,962,142		—		—		5,962,142
- Other debt securities		7,375,294		202,360,420		—		209,735,714
- Financial assets pledged as collateral		14,381,760		—		—		14,381,760
- Investments in Equity Instruments		268,960		—		233,600		502,560
Total Assets		50,664,713		202,364,095		233,600		253,262,408
Liabilities
- Liabilities at fair value through profit or loss		2,139,170		—		—		2,139,170
- Other financial liabilities		17,813,339		—		—		17,813,339
Total Liabilities		19,952,509		—		—		19,952,509


Financial Instruments as of 12/31/2021		FV level 1		FV level 2		FV level 3		Total
Assets
- Debt securities at fair value through profit or loss		37,879,808		606,815		—		38,486,623
- Derivatives		432,164		—		—		432,164
- Other financial assets		24,112,684		—		—		24,112,684
- Other debt securities		26,112,213		111,594,213		—		137,706,426
- Financial assets pledged as collateral		15,749,311		—		—		15,749,311
- Investments in Equity Instruments		305,851		—		208,948		514,799
Total Assets		104,592,031		112,201,028		208,948		217,002,007
Liabilities
- Liabilities at fair value through profit or loss		3,999,525		—		—		3,999,525
- Other financial liabilities		44,823,532		—		—		44,823,532
Total Liabilities		48,823,057		—		—		48,823,057

Summary of reconciliation of the financial instruments


FV level 3		12/31/2021		Transfers		Additions		Disposals		P/L		12/31/2022
Assets
- Investments in equity instruments		208,948		—		86,273		(14,645)		(46,976)		233,600

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


Other Financial Instruments as of 12/31/2022		Book value		Fair value		FV Level 1		FV Level 2		FV Level 3
Financial Assets
- Cash and due from Banks		48,399,468		48,399,468		48,399,468		—		—
- Other financial assets		2,144,977		2,144,977		2,144,977		—		—
- Loans and other financing		235,591,198		236,377,924		—		—		236,377,924
- Reverse Repo transactions		21,581,438		21,581,438		21,581,438		—		—
- Other Debt Securities		59,999,337		62,210,455		32,701,755		29,508,700		—
- Financial assets Pledged as collateral		86,905		86,905		86,905		—		—
		367,803,323		370,801,167		104,914,543		29,508,700		236,377,924
Financial Liabilities
- Deposits		547,516,935		562,018,078		—		—		562,018,078
- Other financial liabilities		292,143		292,143		292,143		—		—
- Financing received from the Central Bank and other financial institutions		5,529,676		8,681,274		—		—		8,681,274
- Unsubordinated Debt securities		561,409		561,409		561,409		—		—
- Subordinated Debt securities		—		—		—		—		—
		553,900,163		571,552,904		853,552		—		570,699,352


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		63,452,161		63,452,161		63,452,161		—		—
- Other financial assets		3,008,295		3,008,294		3,008,294		—		—
- Loans and other financing		302,853,393		328,871,032		—		—		328,871,032
- Reverse Repo transactions		83,468,057		83,468,057		83,468,057		—		—
- Other Debt Securities		16,044,300		16,044,301		16,044,301		—		—
- Financial assets Pledged as collateral		885,898		885,898		885,898		—		—
		469,712,104		495,729,743		166,858,711		—		328,871,032
Financial Liabilities
- Deposits		561,896,707		564,592,298		—		—		564,592,298
- Other financial liabilities		1,498,758		1,498,758		1,498,758		—		—
- Financing received from the Central Bank and other financial institutions		12,179,537		12,895,022		—		—		12,895,022
- Unsubordinated Debt securities		2,063,327		2,063,327		2,063,327		—		—
- Subordinated Debt securities		—		—		—		—		—
		577,638,329		581,049,405		3,562,085		—		577,487,320

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


		12/31/2022		12/31/2021
Grupo Financiero Galicia S.A.		5,026		31,699
Pampa Holding S.A		46,530		48,116
Loma Negra S.A.		33,016		31,334
YPF SA		45,593		18,755
Ternium Argentina S.A.		13,738		65,160
Aluar S.A		54,284		35,337
Transener S.A.		5,564		14,200
Others		65,209		61,250
Total		268,960		305,851

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


		FV at		Income						FV at
Detail		12/31/2021		through OCI		Disposals		Additions		12/31/2022
Mercado Abierto Electrónico S.A.		89,112		3,384		-		-		92,496
Play Digital S.A.		71,989		(55,626)		(14,645)		86,272		87,990
Seguro de Depósitos S.A		13,701		(3,057)		-		-		10,644
Compensador Electrónica S.A.		22,072		10,616		-		-		32,688
Provincanje S.A.		8,627		(1,373)		-		-		7,254
Cuyo Aval Sociedad de Garantía Recíproca		2,715		(842)		-		-		1,873
Argencontrol S.A.		306		18		-		-		324
IEBA S.A.		119		(58)		-		-		61
Otras Sociedades de Garantía Recíproca		307		(37)		-		-		270
Total		208,948		(46,975)		(14,645)		86,272		233,600


		FV at		Income						FV at
Detail		12/31/2020		through OCI		Disposals		Additions		12/31/2021
Mercado Abierto Electrónico S.A.		13,554		75,558		—		—		89,112
Play Digital S.A.		58,670		(102,057)		—		115,376		71,989
Seguro de Depósitos S.A		4,745		8,956		—		—		13,701
Compensador Electrónica S.A.		2,704		19,368		—		—		22,072
Provincanje S.A.		802		7,825		—		—		8,627
Cuyo Aval Sociedad de Garantía Recíproca		4,223		(1,508)		—		—		2,715
Argencontrol S.A.		368		(62)		—		—		306
Los Grobo Sociedad de Garantía Recíproca		214		(214)		—		—		—
IEBA S.A.		179		(60)		—		—		119
Otras Sociedades de Garantía Recíproca		391		(84)		—		—		307
Total		85,850		7,722		—		115,376		208,948