| Summary of reconciliation between the tax charge to income result from applying current tax rate |
| | | | | | | | | | 12/31/2025 | | 12/31/2024 | | 12/31/2023 | | Income before taxes | | (84,016,836) | | 187,940,022 | | 247,485,280 | | Tax rate | | 35 | % | 30 | % | 35 | % | Income for the year at tax rate | | (29,339,681) | | 55,447,615 | | 86,287,599 | | Permanent differences at tax rate: | | | | | | | | Contribution SGR (Mutual Guarantee Societies) | | (17,500) | | (3,875,038) | | (120,316) | | Tax inflation adjustment | | (15,829,609) | | 4,727,101 | | 8,359,709 | | Others | | (1,375,944) | | (6,216,889) | | 332,195 | | Non-deductible results | | 216,121 | | 297,622 | | 4,644,367 | | Income tax | | (46,346,613) | | 50,380,411 | | 99,503,554 | |
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| Summary of net position of deferred tax |
| | | | | | | 12/31/2025 | | 12/31/2024 | Net assets by deferred tax | | 91,403,537 | | 15,713,555 | | | | | | Deferred taxes to be recovered in more than 12 months | | 4,175,579 | | 19,437,325 | Deferred taxes to be recovered in 12 months | | 110,865,809 | | 443,267 | Subtotal – Deferred tax assets | | 115,041,388 | | 19,880,592 | Deferred taxes to be paid in more than 12 months | | (20,565,272) | | (12,813,693) | Deferred taxes to be paid in 12 months | | (3,072,579) | | 8,646,656 | Subtotal – Deferred tax liabilities | | (23,637,851) | | (4,167,037) | Total Net Assets by deferred Tax | | 91,403,537 | | 15,713,555 |
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| Summary of deferred tax assets / (liabilities) |
| | | | | | | | | | | | | | | | Balance at | | (Charge)/Credit | | Balance at | | | 12/31/2024 | | to Income/OCI | | 12/31/2025 | Intangible assets | | (2,519,708) | | (30,701) | | (2,550,409) | Loan Loss Reserves | | 25,914,351 | | 25,070,465 | | 50,984,816 | Property, plant and equipment | | (8,642,748) | | 1,633,185 | | (7,009,563) | Foreign Currency | | 1,793 | | (1,418) | | 375 | Tax Loss Carry Forward | | 3,303,800 | | 35,211,857 | | 38,515,657 | Inflation adjustment credit | | 79,251 | | 29,946 | | 109,197 | Provisions | | 21,157,383 | | (15,518,635) | | 5,638,748 | Others | | (23,580,567) | | 29,295,283 | | 5,714,716 | Total | | 15,713,555 | | 75,689,982 | | 91,403,537 |
| | | | | | | | | | | | | | | | Balance at | | (Charge)/Credit | | Balance at | | | 12/31/2023 | | to Income | | 12/31/2024 | Intangible assets | | (24,749,611) | | 22,229,903 | | (2,519,708) | Loan Loss Reserves | | 15,681,786 | | 10,232,565 | | 25,914,351 | Property, plant and equipment | | (12,157,117) | | 3,514,369 | | (8,642,748) | Foreign Currency | | (906,162) | | 907,955 | | 1,793 | Tax Loss Carry Forward | | 6,388,210 | | (3,084,410) | | 3,303,800 | Inflation adjustment credit | | 14,838,191 | | (14,758,940) | | 79,251 | Provisions | | 13,467,298 | | 7,690,085 | | 21,157,383 | Others | | 19,937,450 | | (43,518,017) | | (23,580,567) | Total | | 32,500,045 | | (16,786,490) | | 15,713,555 |
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| Summary of loss carryforward |
| | | | | | | | | 12/31/2025 | Year of generation | | Amount | | Expiration Date | | Deferred Tax Assets | 2021 | | 22,301 | | 2026 | | 6,690 | 2022 | | 8,096,696 | | 2027 | | 2,429,009 | 2023 | | 7,152 | | 2028 | | 2,146 | 2024 | | 1,303,446 | | 2029 | | 391,034 | 2024 | | 118,955,926 | | 2030 | | 35,686,778 | Total | | 128,385,522 | | | | 38,515,657 |
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