CONSOLIDATED STATEMENT OF INCOME - ARS ($) shares in Thousands, $ in Thousands |
12 Months Ended | ||||
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Dec. 31, 2024 |
Dec. 31, 2023 |
Dec. 31, 2022 |
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Profit or loss [abstract] | |||||
Interest Income | $ 8,950,698,692 | $ 11,240,291,786 | $ 5,278,101,224 | ||
Interest Expense | (3,359,592,740) | (7,155,627,141) | (4,155,211,095) | ||
Net Income from Interest | 5,591,105,952 | 4,084,664,645 | 1,122,890,129 | ||
Fee Income | 1,380,202,559 | 1,292,624,130 | 1,196,381,562 | ||
Fee related Expenses | (194,774,890) | (178,048,296) | (198,491,400) | ||
Net Fee Income | 1,185,427,669 | 1,114,575,834 | 997,890,162 | ||
Net Income from Financial Instruments Measured at Fair Value through Profit or Loss | 941,251,781 | 647,560,109 | 2,489,320,770 | ||
Income from Derecognition of Assets Measured at Amortized Cost | 222,930,250 | 99,551,168 | 4,398,570 | ||
Exchange rate differences on foreign currency | 168,110,939 | 1,448,270,093 | 148,158,120 | ||
Other Operating Income | 530,271,688 | 902,574,796 | 543,263,644 | ||
Insurance Business Result | 17,402,929 | 85,923,679 | 94,747,023 | ||
Impairment Charge | (936,733,707) | (450,820,015) | (386,067,328) | ||
Net Operating Income | 7,719,767,501 | 7,932,300,309 | 5,014,601,090 | ||
Personnel Expenses | (1,119,867,405) | (830,935,184) | (713,356,120) | ||
Administrative Expenses | (818,639,775) | (697,981,452) | (660,552,321) | ||
Depreciation Expenses | (204,183,208) | (199,254,844) | (205,243,399) | ||
Other Operating Expenses | (1,367,977,988) | (1,337,134,892) | (936,946,928) | ||
Loss on net monetary position | (2,589,255,542) | (3,590,114,689) | (2,012,714,692) | ||
Operating Income | 1,619,843,583 | 1,276,879,248 | 485,787,630 | ||
Share of profit from Associates and Joint Ventures | [1] | 780,861,835 | 6,927,198 | (3,248,641) | |
Income before Taxes from Continuing Operations | 2,400,705,418 | 1,283,806,446 | 482,538,989 | ||
Income Tax from Continuing Operations | (636,881,205) | (486,656,385) | (124,930,000) | ||
Net Income from Continuing Operations | 1,763,824,213 | 797,150,061 | 357,608,989 | ||
Net Income for the Year | 1,763,824,213 | 797,150,061 | 357,608,989 | ||
Net Income for the Year Attributable to parent company´s owners | 1,763,971,045 | 797,156,007 | 357,608,923 | ||
Net Income for the Year Attributable to Non-controlling Interests | (146,832) | (5,946) | 66 | ||
Earnings per Share | |||||
Net Income Attributable to parent company´s owners | 1,763,971,045 | 797,156,007 | 357,608,923 | ||
Net Income Attributable to parent company´s owners Adjusted by dilution effects | $ 1,763,971,045 | $ 797,156,007 | $ 357,608,923 | ||
Weighted-Average of Ordinary Shares Outstanding for the Year (in shares) | 1,483,089 | 1,474,692 | 1,474,692 | ||
Diluted Weighted-Average of Ordinary Shares Outstanding for the Year (in shares) | 1,483,089 | 1,474,692 | 1,474,692 | ||
Basic Earnings per Share (in ars per share) | $ 1,189.39 | $ 540.56 | $ 242.50 | ||
Diluted Earnings per Share (in ars per shares) | $ 1,189.39 | $ 540.56 | $ 242.50 | ||
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- Definition Insurance Business Result No definition available.
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- Definition Loans and other financing expected credit loss allowance recognised in profit or loss. No definition available.
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- Definition The weighted average number of ordinary shares outstanding plus the weighted average number of ordinary shares that would be issued on the conversion of all the dilutive potential ordinary shares into ordinary shares. [Refer: Ordinary shares [member]; Weighted average [member]] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The amount of expenses that the entity classifies as being administrative. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The amount of profit (loss) attributable to ordinary equity holders of the parent entity (the numerator) divided by the weighted average number of ordinary shares outstanding during the period (the denominator). Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The amount of depreciation expense, amortisation expense and impairment loss (reversal of impairment loss) recognised in profit or loss. [Refer: Depreciation and amortisation expense; Impairment loss (reversal of impairment loss) recognised in profit or loss] Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition The amount of profit (loss) attributable to ordinary equity holders of the parent entity (the numerator), divided by the weighted average number of ordinary shares outstanding during the period (the denominator), both adjusted for the effects of all dilutive potential ordinary shares. [Refer: Ordinary shares [member]; Weighted average [member]] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- References No definition available.
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- Definition The expense of all forms of consideration given by an entity in exchange for a service rendered by employees or for the termination of employment. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition The amount of expense relating to fees and commissions. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition The amount of income relating to fees and commissions. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition The amount of income or expense relating to fees and commissions. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition The gain (loss) arising from the derecognition of financial assets measured at amortised cost. [Refer: Financial assets at amortised cost] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The amount of exchange differences recognised in profit or loss that arise from foreign currency transactions, excluding those arising on financial instruments measured at fair value through profit or loss in accordance with IFRS 9. [Refer: At fair value [member]; Classes of financial instruments [domain]] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The gains (losses) on financial assets mandatorily measured at fair value through profit or loss in accordance with IFRS 9. [Refer: Financial assets at fair value through profit or loss, mandatorily measured at fair value; Gains (losses) on financial assets at fair value through profit or loss; Financial liabilities] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The gains (losses) representing the difference resulting from the restatement of non-monetary assets, owners' equity and items in the statement of comprehensive income and the adjustment of index linked assets and liabilities in hyperinflationary reporting. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- References No definition available.
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- Definition The aggregate amount included in the determination of profit (loss) for the period in respect of current tax and deferred tax. [Refer: Current tax expense (income); Deferred tax expense (income)] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The amount of expense arising from interest. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The amount of income or expense arising from interest. [Refer: Interest expense; Interest income] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The amount of miscellaneous other operating expenses. [Refer: Other operating income (expense)] Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition The amount of revenue arising from sources that the entity does not separately disclose in the same statement or note. [Refer: Revenue] Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition The total of income less expenses from continuing and discontinued operations, excluding the components of other comprehensive income. [Refer: Other comprehensive income] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The profit (loss) from continuing and discontinued operations attributable to non-controlling interests. [Refer: Profit (loss); Non-controlling interests] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The profit (loss) attributable to ordinary equity holders of the parent entity. [Refer: Profit (loss)] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The profit (loss) attributable to ordinary equity holders of the parent entity, adjusted for the effects of all dilutive potential ordinary shares. [Refer: Profit (loss)] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The profit (loss) from continuing and discontinued operations attributable to owners of the parent. [Refer: Profit (loss)] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The profit (loss) before tax expense or income. [Refer: Profit (loss)] Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition The profit (loss) from continuing operations. [Refer: Continuing operations, unless line item indicates otherwise [member]; Profit (loss)] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The profit (loss) from operating activities of the entity. [Refer: Profit (loss)] Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition The aggregate amount of the entity's revenue and other operating income. [Refer: Revenue] Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition The amount of income arising from interest. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The entity's share of the profit (loss) of associates and joint ventures accounted for using the equity method. [Refer: Total for all associates [member]; Investments accounted for using equity method; Total for all joint ventures [member]; Profit (loss)] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The number of ordinary shares outstanding at the beginning of the period, adjusted by the number of ordinary shares bought back or issued during the period multiplied by a time-weighting factor. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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