v3.26.1
Consolidated Statement of Cash Flow - ARS ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Cash flow from operating activities      
Net (Loss) /income for the year $ (37,670,223) $ 137,559,611 $ 147,981,726
Adjustments to obtain flows from operating activities:      
Income tax (46,346,613) 50,380,411 99,503,554
Depreciation and Impairment of non - financial assets 73,412,284 69,173,761 91,472,033
Impairment losses on financial assets 267,444,919 78,288,899 96,367,148
Other adjustments:      
Exchange rate difference on gold and foreign currency 58,690,843 (12,197,355) (16,617,592)
Interest Income from loans and other financings (1,766,381,830) (2,185,410,149) (3,316,401,526)
Interest Expense from deposits and financing received 947,126,579 1,168,170,898 2,364,754,548
Net income financial assets measured at fair value through profit or loss (75,783,314) (185,568,334) (395,554,356)
Fair value measurement of investment properties 668,493 13,403,341 20,087,747
Results from exposure to changes in the purchasing power of money 142,717,560 402,396,322 312,028,120
Interest on liabilities for financial leases 3,599,457 2,526,891 96,511
Provisions reversed (8,428,118) (6,061,546) (15,763,074)
Result from derecognition of financial assets measured at amortized cost (5,063,724) (107,953,651) (48,289,750)
(Increases) / decreases from operating assets:      
Debt securities at fair value through profit or loss 162,183,121 145,439,605 539,889,794
Derivatives (3,822,810) 4,783,800 (8,235,054)
Reverse Repo transactions (3,657,016) 2,164,841,966 (1,972,319,351)
Loans and other financing      
To the non-financial public sector (4,484,004) 1,678,725 (3,452,852)
To the other financial entities (305,257,539) (15,320,269) (5,727,649)
To the non-financial sector and foreign residents 906,339,273 654,180,070 3,949,739,054
Other debt securities 264,446,446 (349,809,051) 1,686,693,748
Financial assets pledged as collateral (450,489,734) (97,803,242) (3,798,751)
Other assets (50,042,557) 92,717,375 (268,204,001)
Increases / (decreases) from operating liabilities:      
Non-financial public sector (59,077,835) (98,248,897) 40,226,149
Financial sector 500,284 (1,121,390) 460,286
Private non-financial sector and foreign residents 59,744,786 (1,329,442,807) (2,852,560,482)
Derivatives (2,281,117) 2,281,117  
Repo transactions 348,734,043 41,983,644 2,693,725
Liabilities at fair value through profit or loss 693,909 (1,741,432) (17,341,569)
Other liabilities 85,852,555 62,354,151 43,590,316
Income Tax paid (32,767,692) (18,927,729) (18,846,565)
Net cash provided by operating activities (A) 478,396,536 682,554,735 452,471,887
Payments related to:      
Purchase of PPE, intangible assets and other assets (72,807,314) (75,493,630) (70,903,805)
Purchase of liabilities and equity instruments issued by other entities (4,770,986) 113,463 3,434,791
Collections:      
Disposals related to PPE, intangible assets and other assets 10,999,773 14,548,595 13,357,484
Net cash used in investing activities (B) (66,578,527) (60,831,572) (54,111,530)
Payments:      
Lease liabilities (15,222,513) (11,698,919) (14,335,184)
Unsubordinated debt securities (355,803,167) (3,081,005) (5,107,170)
Financing received from the Argentine Central Bank and other financial institutions (8,897,679,921) (351,367,114) (436,370,667)
Dividends distribution (32,881,325) (36,784,395)  
Acquisition of treasury shares   (13,045,502) (2,460,175)
Collections:      
Unsubordinated debt securities 459,315,760 68,527,449 98,980
Financing received from the Argentine Central Bank and other financial institutions 9,326,777,805 395,351,414 394,753,367
Net cash provided by (used in) financing activities (C) 484,506,639 47,901,928 (63,420,849)
Effects of exchange rate changes (D) 254,256,179 348,842,491 621,512,821
Result from exposure to changes in the purchasing power of the currency of Cash and equivalents (E) (415,723,552) (739,041,457) (717,802,267)
Net increase in cash and cash equivalents (A+B+C+D+E) 734,857,275 279,426,125 238,650,062
Cash and cash equivalents at the beginning of the year 1,003,372,458 723,946,333 485,296,271
Cash and cash equivalents at the end of the year $ 1,738,229,733 $ 1,003,372,458 $ 723,946,333