v3.25.4
CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY - ARS ($)
$ in Millions
Equity attributable to Controlling Company
Outstanding shares, Capital nominal value
 [1]
Inflation adjustment
Contributed Surplus
Legal
Special reserve for IFRS implementation
Facultative
 [2]
Other comprehensive loss
Retained earnings
Equity attributable to non-controlling interest
Credipay
Equity attributable to non-controlling interest
Credipay
Total
Balances as of at Dec. 31, 2022 $ 7,103,945 $ 2,154 $ 2,461,031 $ 6,061,634 $ 146,147 $ 53,587 $ 526,526 $ (293,108) $ (1,854,026)   $ 144,622   $ 7,248,567
- Specific loss allocation       (2,443,629)         2,443,629        
- Reserves constitution             589,603   (589,603)        
Dividends to non-controlling shareholders                     (11,516)   (11,516)
Subsidiary acquisition                     (5)   (5)
Subsidiary call option (1,690)             (1,690)         (1,690)
Resolutions of the General Extraordinary Shareholders' Meeting held on                          
- Dividends [1] (299,199)           (299,199)           (299,199)
Comprehensive income:                          
Net income (loss) for the year (738,306)               (738,306)   23,040   (715,266)
Other comprehensive income (loss) 145,461             145,461     66,015   211,476
Total comprehensive income (loss) for the year (592,845)             145,461 (738,306)   89,055   (503,790)
Balances as of at Dec. 31, 2023 6,210,211 2,154 2,461,031 3,618,005 146,147 53,587 816,930 (149,337) (738,306)   222,156   6,432,367
Absorption of retained earnings (losses) and reserve reclassification       (221,779)     (516,527)   738,306        
Dividends to non-controlling shareholders                     (13,719)   (13,719)
Subsidiary acquisition                   $ 847 2,477 $ 847 2,477
Transaction non-controlling interest (34,606)             (34,606)     (3,272)   (37,878)
Resolutions of the General Extraordinary Shareholders' Meeting held on                          
- Dividends [1] (156,352)           (156,352)           (156,352)
Comprehensive income:                          
Net income (loss) for the year 1,331,805               1,331,805   27,425   1,359,230
Other comprehensive income (loss) (214,544)             (214,544)     (91,501)   (306,045)
Total comprehensive income (loss) for the year 1,117,261             (214,544) 1,331,805   (64,076)   1,053,185
Balances as of at Dec. 31, 2024 7,136,514 2,154 [2] 2,461,031 3,396,226 146,147 53,587 144,051 (398,487) 1,331,805   144,413   7,280,927
Absorption of retained earnings (losses) and reserve reclassification                 1,331,805        
Constitution and reclassification of reserves       (122,442) 66,590   1,387,657   (1,331,805)        
Dividends to non-controlling shareholders                     (12,907)   (12,907)
Transaction non-controlling interest [3] 55,315             55,315     (55,315)    
Resolutions of the General Extraordinary Shareholders' Meeting held on                          
- Dividends [1] (226,756)           (226,756)           (226,756)
Comprehensive income:                          
Net income (loss) for the year (170,006)               (170,006)   24,702   (145,304)
Other comprehensive income (loss) 68,794             68,794     18,554   87,348
Total comprehensive income (loss) for the year (101,212)             68,794 (170,006)   43,256   (57,956)
Balances as of at Dec. 31, 2025 $ 6,863,861 $ 2,154 $ 2,461,031 $ 3,273,784 $ 212,737 $ 53,587 $ 1,304,952 $ (274,378) $ (170,006)   $ 119,447   $ 6,983,308
[1] See Note 22.
[2] Corresponds to the Facultative Reserve to maintain the capital investments level and the current level of solvency.
[3] It corresponds to the transaction carried out between controlling and non-controlling shareholders related to the acquisition of 100% of Adesol’s license-holding entities. See Note 3.d.6).