Circular CONAU 1 - 113. Update of Accounting Standards

BANCO CENTRAL DE LA REPÚBLICA ARGENTINA
COMUNICACIÓN "A" 1937 12/03/92
TO FINANCIAL ENTITIES:
Ref.: Circular ACCOUNTING AND AUDIT - CONAU - 1 - 113. Update of the Accounting Standards.
We address you to communicate the modifications that have been resolved to introduce in the Monthly Accounting Information Regime, which will be in effect starting from February 1992. We clarify that for the submission of the information referred to in point 1.1.1 of said regime (design "code 42"), the deadline has been established as 27.3.92. Attached are the sheets that should be incorporated into Circular CONAU - 1, in replacement of those previously provided. We salute you very attentively. BANCO CENTRAL DE LA REPÚBLICA ARGENTINA
ANNEX: 3 sheets.
Alfredo A. Besio Martha L. Blanco
Supervisor of Standards Supervisor General of the Area Monetary and Exchange Studies

BANCO CENTRAL DE LA REPÚBLICA ARGENTINA
Version 6th. Date: 12.3.92 Communication “A” 1937 Circular CONAU 1 - 113 Page: 1 of 2 INFORMATION ON MONTHLY AVERAGES OF DAILY BALANCES AND COMPLEMENTARY PROCEDURE STANDARDS

1. General Instructions.
   1.1. Amounts shall be expressed in thousands of pesos, without decimals. For the purposes of rounding magnitudes, values shall be incremented by one unit when the first digit of the fractions is equal to or greater than 5, discarding those that are lower.
   1.2. The definitive listings issued by the Central Bank based on the information received shall be signed by the General Manager and the highest-ranking officer of the accounting area, whose signatures are registered in the Authorized Signatures Register of the Superintendence Area.
2. Particular Instructions for the information on monthly averages of direct balances.
   2.1. The data referred to in this information shall be calculated by dividing the sum of the balances of the items included, recorded at the close of each day, by the total number of days of the corresponding month. On non-business days, the balance of the immediately preceding business day shall be repeated.
   2.2. The data referred to by codes 999376 to 999381 comprise capitals, interests, and exchange differences, as applicable.
   2.3. Non-locked assets.
   Capitals, interests, premiums, and exchange differences, net of provisions and accumulated amortizations, as applicable, shall be shown, disaggregated according to the risk weighting established in the table annexed to Communication "A" 1858, which are not reported in other codes.
   2.4. Financing (f).
   It comprises capitals, interests, premiums, and exchange differences, net of provisions and accumulated amortizations, as applicable, of loans, other credits by financial intermediation, and other financings, disaggregated according to the indicator and the risk weighting referred to in the table annexed to Communication "A" 1874 (text according to Communication "A" 1933) and the table annexed to Communication "A" 1858, respectively.
   2.5. Entities shall register in specially authorized sheets the balances of the items included corresponding to each of the days of the month. Such entries shall be consolidated at the head office and preserved for a period of no less than 3 years, together with the working papers used for the calculation of the minimum capital, for the purposes of verification by the Central Bank.

BANCO CENTRAL DE LA REPÚBLICA ARGENTINA
Version 3rd. Date: 12.3.92 Communication “A” 1937 Circular CONAU 1 - 113 Page: 1 of 2 INFORMATION ON MONTHLY AVERAGES OF DAILY BALANCES LIST OF ITEMS Code Concept 999300 Sum of the amounts reported with codes 999301 to 999304. 999301 Minimum cash requirement in national currency. 999302 Integration of the minimum cash in national currency. 999303 Interbank loans granted in national currency. 999304 Interbank loans granted in national currency. 999370 Minimum cash requirement in US dollars. 999371 Integration of the minimum cash in US dollars. 999372 Interbank loans granted in US dollars. 999373 Interbank loans received in US dollars. 999374 Minimum cash requirement in External Bonds. 999375 Integration of the minimum cash in external bonds. 999376 Interbank loans granted in External Bonds. 999377 Interbank loans received in External Bonds. 999378 Loans in national currency to the non-financial sector. 999379 Loans in public titles issued in national currency to the non-financial sector. 999380 Loans in foreign currency to the non-financial sector. 999381 Loans in public titles issued in foreign currency to the non-financial sector. 999382 Deposits in national currency. 999383 Deposits of public titles issued in national currency. 999384 Deposits in foreign currency. 999385 Deposits in public titles issued in foreign currency. 999501 Locked assets. 999618 Non-locked assets with 100% weighting. 999619 Non-locked assets with 50% weighting. 999620 Non-locked assets with 0% weighting. 999621 Financing (f). Risk indicator 1.0 (with 0% risk weighting). 999622 Financing (f). Risk indicator 1.0 (with 50% risk weighting). 999623 Financing (f). Risk indicator 1.0 (with 100% risk weighting). 999624 Financing (f). Risk indicator 1.4 (with 0% risk weighting). 999625 Financing (f). Risk indicator 1.4 (with 50% risk weighting).

BANCO CENTRAL DE LA REPÚBLICA ARGENTINA
Version 2nd. Date: 12.3.92 Communication “A” 1937 Circular CONAU 1 - 113 Page: 2 of 2 Code Concept 999626 Financing (f). Risk indicator 1.4 (with 100% weighting). 999627 Financing (f). Risk indicator 2.5 (with 0% weighting). 999628 Financing (f). Risk indicator 2.5 (with 50% weighting). 999629 Financing (f). Risk indicator 2.5 (with 100% weighting). 999630 Financing (f). Risk indicator 3.6 (with 0% weighting). 999631 Financing (f). Risk indicator 3.6 (with 50% weighting). 999632 Financing (f). Risk indicator 3.6 (with 100% weighting). 999633 Financing (f). Risk indicator 4.8 (with 0% weighting). 999634 Financing (f). Risk indicator 4.8 (with 50% weighting). 999635 Financing (f). Risk indicator 4.8 (with 100% weighting). 999636 Financing (f). Risk indicator 6.1 (with 0% weighting). 999637 Financing (f). Risk indicator 6.1 (with 50% weighting). 999638 Financing (f). Risk indicator 6.1 (with 100% weighting). 999639 Financing (f). Risk indicator 7.5 (with 0% weighting). 999640 Financing (f). Risk indicator 7.5 (with 50% weighting). 999641 Financing (f). Risk indicator 7.5 (with 100% weighting). 999642 Financing (f). Risk indicator 9.0 (with 0% weighting). 999643 Financing (f). Risk indicator 9.0 (with 50% weighting). 999644 Financing (f). Risk indicator 9.0 (with 100% weighting). 999645 Guarantees, sureties, and other contingent liabilities (with 100% weighting). 999646 Guarantees, sureties, and other contingent liabilities (with 100% weighting).