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Segment Reporting (Tables)
12 Months Ended
Dec. 31, 2022
Disclosure of operating segments [abstract]  
Summary of Operating Segments
The relevant segment reporting as of the indicated dates is as follows:
Bank Naranja X Insurance Other
Businesses
Adjustments Total as of
12.31.22
Net Income from interest77,217,698 67,341,708 9,582,116 473,747 (2,098,935)152,516,334 
Net fee Income64,348,211 56,303,837 — 23,379 (2,974,406)117,701,021 
Net Income from Financial Instruments measured at fair value through Profit or Loss320,365,311 13,376,342 (6,470,206)8,581,893 2,258,171 338,111,511 
Income from Derecognition of Assets Measured at Amortized Cost614,077 (16,642)— — — 597,435 
Exchange rate Differences on Gold and Foreign Currency19,363,536 (130,717)4,521 900,475 — 20,137,815 
Other Operating Income67,900,087 11,494,726 879,687 13,526,033 (2,963,883)90,836,650 
Income from Insurance Business— — 8,575,976 — 5,114,755 13,690,731 
Expected credit loss allowance(35,373,248)(17,079,742)1,203 — — (52,451,787)
Personnel Expenses(66,842,428)(24,427,682)(3,703,821)(1,917,526)— (96,891,457)
Administrative Expenses(65,078,187)(22,386,291)(1,681,451)(2,590,818)325,204 (91,411,543)
Depreciation and Impairment of Assets(22,206,029)(5,014,980)(550,612)(102,077)(3,447)(27,877,145)
Other Operating Expenses(89,825,365)(33,880,026)(11,356)(1,789,751)7,096 (125,499,402)
Loss on net monetary position(222,222,883)(41,603,949)(1,947,758)(7,601,993)— (273,376,583)
Operating Income48,260,780 3,976,584 4,678,299 9,503,362 (335,445)66,083,580 
Share of profit from Associates and Joint Ventures(441,246)— — — — (441,246)
Income before Taxes from Continuing Operations47,819,534 3,976,584 4,678,299 9,503,362 (335,445)65,642,334 
Income Tax from Continuing Operations(6,287,871)(1,955,092)(2,185,788)(6,574,174)— (17,002,925)
Net Income from Continuing Operations41,531,663 2,021,492 2,492,511 2,929,188 (335,445)48,639,409 
Net Income for the Year41,531,663 2,021,492 2,492,511 2,929,188 (335,445)48,639,409 
Other Comprehensive Income (Loss)(1,129,111)(14)(18,262)186,860  (960,527)
Net Income (Loss) for the Year Attributable to Parent Company´s Owners40,402,552 2,021,478 2,474,240 3,116,048 (335,445)47,678,873 
Net Income for the Year Attributable to Non-controlling Interests  9   9 
Bank Naranja X Insurance Other
 Businesses
Adjustments Total as of
12.31.21
Net Income from interest134,147,290 72,919,342 4,542,351 154,298 1,101,914 212,865,195 
Net fee Income62,091,897 53,983,140 — (52,363)(3,452,512)112,570,162 
Net Income from Financial Instruments measured at fair value through Profit or Loss186,145,997 815,017 (2,943,615)2,884,160 (660,119)186,241,440 
Income from Derecognition of Assets Measured at Amortized Cost31,819 382 — — — 32,201 
Exchange rate Differences on Gold and Foreign Currency7,195,089 284,507 76,232 1,199,578 — 8,755,406 
Other Operating Income51,687,042 11,570,020 737,331 8,899,413 (3,087,267)69,806,539 
Income from Insurance Business— — 8,279,285 — 6,037,909 14,317,194 
Expected credit loss allowance(28,229,237)(14,520,749)(7,828)— — (42,757,814)
Personnel Expenses(60,724,618)(24,214,647)(3,145,466)(2,385,542)— (90,470,273)
Administrative Expenses(63,474,529)(21,231,947)(1,584,629)(2,036,038)273,741 (88,053,402)
Depreciation and Impairment of Assets(21,081,120)(6,374,480)(707,876)(76,631)— (28,240,107)
Other Operating Expenses(79,019,545)(27,465,831)(26,770)(923,326)14,267 (107,421,205)
Loss on net monetary position(125,152,602)(25,336,625)(1,287,760)(3,087,345)— (154,864,332)
Operating Income63,617,483 20,428,129 3,931,255 4,576,204 227,933 92,781,004 
Share of profit from Associates and Joint Ventures(251,579)— — — — (251,579)
Income before Taxes from Continuing Operations63,365,904 20,428,129 3,931,255 4,576,204 227,933 92,529,425 
Income Tax from Continuing Operations(19,135,666)(8,306,040)(1,622,019)(2,895,913)— (31,959,638)
Net Income from Continuing Operations44,230,238 12,122,089 2,309,236 1,680,291 227,933 60,569,787 
Net Income for the Year44,230,238 12,122,089 2,309,236 1,680,291 227,933 60,569,787 
Other Comprehensive Income (Loss)146,510 (617)23,952 (7,778) 162,066 
Net Income (Loss) for the Year Attributable to Parent Company´s Owners44,376,748 12,121,472 2,333,188 1,672,513 227,933 60,731,853 
Net Income for the Year Attributable to Non-controlling Interests      
Bank Naranja X Insurance Other
Businesses
Adjustments Total as of
12.31.20
Net Income from interest172,977,393 49,759,850 2,137,231 20,129 665,867 225,560,470 
Net fee Income61,685,485 48,769,483 — (17,967)(3,192,339)107,244,662 
Net Income from Financial Instruments measured at fair value through Profit or Loss194,015,596 5,848,243 167,594 3,763,048 (2,658)203,791,823 
Income from Derecognition of Assets Measured at Amortized Cost(9,199)— — — — (9,199)
Exchange rate Differences on Gold and Foreign Currency17,714,259 1,088,830 (80,419)1,998,517 — 20,721,187 
Other Operating Income50,491,573 10,216,311 1,483,807 6,951,307 (3,509,103)65,633,895 
Income from Insurance Business— — 9,954,815 — 5,896,993 15,851,808 
Expected credit loss allowance(87,440,130)(13,108,705)49,061 — — (100,499,774)
Personnel Expenses(64,949,104)(23,756,984)(3,579,919)(1,287,431)— (93,573,438)
Administrative Expenses(63,690,811)(24,265,919)(1,605,789)(2,141,363)355,775 (91,348,107)
Depreciation and Impairment of Assets(17,984,720)(5,492,860)(795,035)(85,176)— (24,357,791)
Other Operating Expenses(70,108,870)(21,645,233)(12,811)(762,631)42,513 (92,487,032)
Loss on net monetary position(79,867,845)(15,969,453)(1,961,414)(2,236,251)— (100,034,963)
Operating Income112,833,627 11,443,563 5,757,121 6,202,182 257,048 136,493,541 
Share of profit from Associates and Joint Ventures(367,686)— — — — (367,686)
Income before Taxes from Continuing Operations112,465,941 11,443,563 5,757,121 6,202,182 257,048 136,125,855 
Income Tax from Continuing Operations(51,396,958)(5,094,483)(1,941,735)(2,680,791)— (61,113,967)
Net Income from Continuing Operations61,068,983 6,349,080 3,815,386 3,521,391 257,048 75,011,888 
Net Income for the Year61,068,983 6,349,080 3,815,386 3,521,391 257,048 75,011,888 
Other Comprehensive Income (Loss)(608,095)617 52,204 467  (554,806)
Net Income (Loss) for the Year Attributable to Parent Company´s Owners60,460,888 5,346,731 3,867,620 3,521,858 257,048 73,454,146 
Net Income for the Year Attributable to Non-controlling Interests 1,002,966 (30)  1,002,936 
BankNaranja XInsuranceOther
Businesses
Adjustments Total as of
12.31.22
ASSETS
Cash and Due from Banks434,234,303 6,628,132 12,878 11,717,757 (5,048,868)447,544,202 
Debt Securities at fair value through profit or loss791,605,630 200,660 116,439 4,405,498 (4,057,904)792,270,323 
Derivative Financial Instruments3,327,165 1,241,792 — — (1,241,177)3,327,780 
Repurchase Transactions104,710,279 21,730,144 — — (10,916,515)115,523,908 
Other Financial Assets43,503,828 1,325,042 1,052,423 9,741,741 (51,720)55,571,314 
Loans and Other Financing947,521,428 328,475,283 5,599 3,067,744 (35,453,589)1,243,616,465 
Other Debt Securities350,400,776 7,429,208 6,101,116 3,106,494 (362,621)366,674,973 
Financial Assets Pledged as Collateral100,091,787 51,064,021 — 946,925 — 152,102,733 
Current Income Tax Assets— — 368,398 41,850 — 410,248 
Investments in Equity Instruments2,239,032 — — — 2,239,039 
Equity Investments in Associates and Joint Ventures666,769 — — — — 666,769 
Property, Plant and Equipment103,694,179 12,010,385 414,097 145,466 (443,139)115,820,988 
Intangible Assets34,525,100 3,304,352 73,620 609,947 — 38,513,019 
Deferred Income Tax Assets— 6,240,321 411,870 599,521 — 7,251,712 
Assets for Insurance Contracts— — 4,932,269 — — 4,932,269 
Other Non-financial Assets15,007,332 6,280,556 191,377 3,691,309 — 25,170,574 
Non-current Assets Held for Sale1,251 — — — — 1,251 
TOTAL ASSETS2,931,528,859 445,929,896 13,680,086 38,074,259 (57,575,533)3,371,637,567 
LIABILITIES
Deposits2,122,305,946 26,973,322 — 51,462 (7,352,996)2,141,977,734 
Liabilities at Fair Value Through Profit or Loss78,223 — — — — 78,223 
Derivative Financial Instruments2,935,291 — — — (1,241,177)1,694,114 
Repurchase Transactions— 10,916,515 — — (10,916,515)— 
Other Financial Liabilities151,765,261 187,394,521 — 9,694,457 (74,970)348,779,269 
Financing Received from the Argentine Central Bank and Other Financial Institutions10,488,009 60,018,558 — — (33,068,323)37,438,244 
Debt Securities12,382,571 59,341,281 — — (4,420,525)67,303,327 
Current Income Tax Liabilities3,121,865 1,163,753 1,266,801 3,247,514 — 8,799,933 
Subordinated Debt Securities45,405,004 — — — — 45,405,004 
Provisions9,829,772 170,515 199,606 55,130 — 10,255,023 
Deferred Income Tax Liabilities5,244,791 — 124,658 996,944 — 6,366,393 
Liabilities for Insurance Contracts— — 5,114,252 — (4,332)5,109,920 
Other Non-financial Liabilities67,238,020 13,669,425 1,737,302 6,961,634 (53,556)89,552,825 
TOTAL LIABILITIES2,430,794,753 359,647,890 8,442,619 21,007,141 (57,132,394)2,762,760,009 
BankNaranja XInsuranceOther
Businesses
Adjustments Total as of
12.31.21
ASSETS
Cash and Due from Banks451,386,804 10,643,164 104,273 8,714,984 (8,357,923)462,491,302 
Debt Securities at fair value through profit or loss460,271,635 405,707 72,027 57,286 (1,217,662)459,588,993 
Derivative Financial Instruments3,089,342 — — — (660,119)2,429,223 
Repurchase Transactions395,752,551 77,826 — — — 395,830,377 
Other Financial Assets34,736,204 4,809,344 847,035 5,134,335 — 45,526,918 
Loans and Other Financing1,121,202,076 341,958,707 14,421 4,972,885 (18,041,984)1,450,106,105 
Other Debt Securities179,668,043 5,867 4,371,739 — (244,647)183,801,002 
Financial Assets Pledged as Collateral68,035,220 32,266 — 569,193 — 68,636,679 
Current Income Tax Assets— — 121,500 27,285 — 148,785 
Investments in Equity Instruments2,438,670 — — 12 — 2,438,682 
Equity Investments in Associates and Joint Ventures329,876 — — — — 329,876 
Property, Plant and Equipment106,905,247 12,297,578 1,767,674 183,120 — 121,153,619 
Intangible Assets37,091,193 4,059,603 97,071 109,532 — 41,357,399 
Deferred Income Tax Assets— 6,850,041 756,908 742,656 — 8,349,605 
Assets for Insurance Contracts— — 6,267,504 — — 6,267,504 
Other Non-financial Assets12,387,987 3,978,994 190,923 3,698,224 — 20,256,128 
Non-current Assets Held for Sale1,280 — — — — 1,280 
TOTAL ASSETS2,873,296,128 385,119,097 14,611,075 24,209,512 (28,522,335)3,268,713,477 
LIABILITIES     
Deposits2,027,157,625 52,678 — — (9,335,744)2,017,874,559 
Liabilities at Fair Value Through Profit or Loss— — — 147,408 — 147,408 
Derivative Financial Instruments1,387,179 660,119 — — (660,119)1,387,179 
Repurchase transactions631,362 — — — — 631,362 
Other Financial Liabilities185,122,472 187,534,417 — 8,773,886 (199,199)381,231,576 
Financing Received from the Argentine Central Bank and Other Financial Institutions17,433,425 45,561,413 — — (16,808,004)46,186,834 
Debt Securities14,310,368 41,639,053 — — (1,462,309)54,487,112 
Current Income Tax Liabilities10,101,341 6,776,142 417,111 1,520,125 — 18,814,719 
Subordinated Debt Securities51,182,953 — — — — 51,182,953 
Provisions7,862,874 318,602 302,498 51,082 — 8,535,056 
Deferred Income Tax Liabilities9,337,606 — 497,718 743,106 — 10,578,430 
Liabilities for Insurance Contracts— — 6,216,852 — (1,724)6,215,128 
Other Non-financial Liabilities58,548,495 15,291,982 1,855,619 2,715,009 (55,236)78,355,869 
TOTAL LIABILITIES2,383,075,700 297,834,406 9,289,798 13,950,616 (28,522,335)2,675,628,185 
The information by geographic segments as of the indicated dates is presented below:
ArgentinaUruguayAdjustmentsTotal as of
12.31.22
Net Income from interest154,615,269 — (2,098,935)152,516,334 
Net fee Income120,714,919 (39,492)(2,974,406)117,701,021 
Net Income from Financial Instruments measured at fair value through Profit or Loss335,808,800 44,540 2,258,171 338,111,511 
Income from Derecognition of Assets Measured at Amortized Cost597,435 — — 597,435 
Exchange rate Differences on Gold and Foreign Currency20,129,855 7,960 — 20,137,815 
Other Operating Income93,780,646 19,887 (2,963,883)90,836,650 
Income from Insurance Business8,575,976 — 5,114,755 13,690,731 
Expected credit loss allowance(52,451,787)— — (52,451,787)
Personnel Expenses(96,820,929)(70,528)— (96,891,457)
Administrative Expenses(91,582,940)(153,807)325,204 (91,411,543)
Depreciation and Impairment of Assets(27,872,932)(766)(3,447)(27,877,145)
Other Operating Expenses(125,506,114)(384)7,096 (125,499,402)
Loss on net monetary position(273,304,845)(71,738)— (273,376,583)
Operating Income66,683,353 (264,328)(335,445)66,083,580 
Share of profit from Associates and Joint Ventures(441,246)— — (441,246)
Income before Taxes from Continuing Operations66,242,107 (264,328)(335,445)65,642,334 
Income Tax from Continuing Operations(17,002,925)— — (17,002,925)
Net Income from Continuing Operations49,239,182 (264,328)(335,445)48,639,409 
Net Income for the Year49,239,182 (264,328)(335,445)48,639,409 
Other Comprehensive Income (Loss)(960,527)  (960,527)
Net Income (Loss) for the Year Attributable to Parent Company´s Owners48,278,646 (264,328)(335,445)47,678,873 
Net Income for the Year Attributable to Non-controlling Interests9   9 
ArgentinaUruguayAdjustments Total as of
12.31.22
ASSETS
Cash and Due from Banks448,863,724 3,729,346 (5,048,868)447,544,202 
Debt Securities at fair value through profit or loss795,991,779 336,448 (4,057,904)792,270,323 
Derivative Financial Instruments4,568,957 — (1,241,177)3,327,780 
Repurchase Transactions126,440,423 — (10,916,515)115,523,908 
Other Financial Assets55,623,034 — (51,720)55,571,314 
Loans and Other Financing1,279,069,937 117 (35,453,589)1,243,616,465 
Other Debt Securities367,037,594 — (362,621)366,674,973 
Financial Assets Pledged as Collateral151,925,489 177,244 — 152,102,733 
Current Income Tax Assets410,248 — — 410,248 
Investments in Equity Instruments2,239,039 — — 2,239,039 
Equity Investments in Associates and Joint Ventures666,769 — — 666,769 
Property, Plant and Equipment116,262,135 1,992 (443,139)115,820,988 
Intangible Assets38,512,401 618 — 38,513,019 
Deferred Income Tax Assets7,251,712 — — 7,251,712 
Assets for Insurance Contracts4,932,269 — — 4,932,269 
Other Non-financial Assets25,169,334 1,240 — 25,170,574 
Non-current Assets Held for Sale1,251 — — 1,251 
TOTAL ASSETS3,424,966,095 4,247,005 (57,575,533)3,371,637,567 
LIABILITIES
Deposits2,149,330,730 — (7,352,996)2,141,977,734 
Liabilities at Fair Value Through Profit or Loss78,223 — — 78,223 
Derivative Financial Instruments2,935,291 — (1,241,177)1,694,114 
Repurchase Transactions10,916,515 — (10,916,515)— 
Other Financial Liabilities345,024,725 3,829,514 (74,970)348,779,269 
Financing Received from the Argentine Central Bank and Other Financial Institutions70,506,567 — (33,068,323)37,438,244 
Debt Securities71,723,852 — (4,420,525)67,303,327 
Current Income Tax Liabilities8,799,933 — — 8,799,933 
Subordinated Debt Securities45,405,004 — — 45,405,004 
Provisions10,255,023 — — 10,255,023 
Deferred Income Tax Liabilities6,366,393 — — 6,366,393 
Liabilities for Insurance Contracts5,114,252 — (4,332)5,109,920 
Other Non-financial Liabilities89,278,236 328,145 (53,556)89,552,825 
TOTAL LIABILITIES2,815,734,744 4,157,659 (57,132,394)2,762,760,009