Circular CONAU 1-456. Accounting and Financial Information Model - MiCoFi. Monthly Accounting Information Regime. Tracking of Advance Payments and Prefinancing Loans Owed Abroad (R.I.-S.A.P.P.)

BANCO CENTRAL DE LA REPUBLICA ARGENTINA
COMMUNICATION "A" 3609 20/05/02
TO FINANCIAL ENTITIES:
Ref.: Circular CONAU 1- 456
Accounting and Financial Information Model - MICoFi Monthly Accounting Information Regime Tracking of Advance Payments and Prefinancing Loans Owed Abroad (R.I. – S.A.P.P.)

We address you to communicate the new provisions related to the Information Regime referenced above.

In this regard, we inform you that the Information Regime "Tracking of Advance Payments and Prefinancing Loans Owed Abroad" has been incorporated, which must be complied with by those financial entities that have been designated by exporters to carry out such tracking.

The deadline for the first information submission will be June 10 and will contain information corresponding to 12.31.01, 01.31.02, 02.28.02,
03.31.02 and 05.03.02.

The deadline for submitting information for 05.31.02 will expire on June 20; for the rest of the submissions, the deadline established in the procedural rules will be taken into account.

For the submission of information, the provisions of Circular RUNOR that complements this communication must be taken into account.

This Communication will be available on the website of the Central Bank of the Argentine Republic (www.bcra.gov.ar).

For printed consultation, it will be available at the "Dr. Raúl Prebish" library, San Martín 216, Capital Federal.

We salute you very attentively.

BANCO CENTRAL DE LA REPUBLICA ARGENTINA
Ricardo O. Maero Alejandro G. Henke
Manager of Information Regime Deputy Superintendent of Financial Entities and Exchange

ANNEXES:

B.C.R.A. MONTHLY ACCOUNTING INFORMATION REGIME

1. General Rules
2. Balance of balances (R.I. – B.S.).
3. Debtors of the financial system and composition of economic groups (R.I.D.S.F)
4. Requirement and integration of minimum capitals (R.I. – E.I.C.M.)
5. Minimum liquidity requirements (R.I. – R.M.L.)
6. Liquidity position (R.I. - P.L.)
7. Issuance and placement of debt (R.I. – E.C.D)
8. Relationship for immobilized assets and other concepts (R.I. – A.I.)
9. Consolidation statement of local entities with significant subsidiaries and affiliates in the
   country and abroad (R.I. – E.C.)
10. Status of consolidated debtors with significant subsidiaries and affiliates in the
    country and abroad (R.I. – E.S.D.C.)
11. Payment of remuneration through bank account credit (R.I. – P.R.)
12. Exchange operations (R.I. – O.C.)
13. Information on holders of savings accounts and current accounts (R.I. – C.A. and C.C.)
14. Creditors from abroad (R.I. – A.E.)
15. Rejected checks (R.I. – C.R.)
16. Reprogramming of deposits (R.I. – R.D.)
17. Tracking of advance payments and prefinancing loans owed abroad (R.I. –
    S.A.P.P.)
    Version: 10th. Communication "A" 3609 Validity: 20.05.02 Page 1

PROCEDURAL RULES
General Instructions
Amounts will be recorded in thousands without decimals.
For the rounding of magnitudes, values will be increased by one unit when the first digit of the fractions is equal to or greater than 5, discarding the latter if they are lower. This information will be presented on CD with the formalities of the Monthly Accounting Information Regime. This information regime will have monthly frequency and the deadline for the submission of information will be the 10th of the month following the one to which the information corresponds. The tracking of advance payments and prefinancing loans owed abroad will be detailed according to the following structure:
A – Information available to the Superintendence of Financial and Exchange Entities.
B – Information to be sent to the Superintendence of Financial and Exchange Entities.
Version: 1st. Communication "A" 3609 Validity: 20.05.02 Page 1 B.C.R.A. MONTHLY ACCOUNTING INFORMATION REGIME 17 – TRACKING OF ADVANCE PAYMENTS AND PREFINANCING LOANS OWED ABROAD (R.I. – S.A.P.P.)

A – Information available to the Superintendence of Financial and Exchange Entities.
A.1. Advance payments and prefinancing loans entered after December 6, 2001.
Each foreign currency entry operation will be considered as a unit of record.
A.1.1. Tax Identification Number (CUIT) of the exporter.
A.1.2. Registration number as an exporter.
A.1.3. Name of the exporter.
A.1.4. Date of entry of foreign currency.
A.1.5. Entity through which the exchange negotiation was carried out.
A.1.6. Number of the exchange purchase ticket to clients.
A.1.7. Code of the negotiated currency (SWIFT).
A.1.8. Amount entered expressed in the negotiated currency.
A.1.9. Name of the foreign creditor.
A.1.10. Type of creditor
1. Financial Entity
2. Client
3. Company of the same group
A.1.11. Country of residence of the creditor (SWIFT).
A.1.12. Type of operation
1. Export Advance
2. Prefinancing of exports
A.1.13. Annual nominal interest rate (expressed in basis points).
A.1.14. Pending amount as of the reported date expressed in the negotiated currency A.1.15. Estimated date of final application or, in its absence, the maturity date of the prefinancing of exports. A.1.16. Application sequence number. Correlative number assigned by the entity. A.1.17. Date of application. A.1.18. Number of export destination to consumption to which it was applied. A.1.19. Amount applied expressed in the currency entered. Fields A.1.16 to A.1.19 must be recorded for each of the partial applications that the reported operation presents. Version: 1st. Communication "A" 3609 Validity: 20.05.02 Page 2 B.C.R.A. MONTHLY ACCOUNTING INFORMATION REGIME 17 – TRACKING OF ADVANCE PAYMENTS AND PREFINANCING LOANS OWED ABROAD (R.I. – S.A.P.P.)

A.2. Advance payments and prefinancing loans entered up to December 6, 2001, reported and validated according to the provisions given known through Communication "A" 3430 and complementary. Each operation reported according to the provisions disseminated through Communication "A" 3430 and complementary will be considered as a unit of record. A.2.1. Tax Identification Number (CUIT) of the exporter. A.2.2. Registration number as an exporter. A.2.3. Name of the exporter. A.2.4. Name of the foreign creditor. A.2.5. Type of creditor
1. Financial Entity
2. Client
3. Company of the same group
A.2.6. Country of residence of the creditor (SWIFT).
A.2.7. Type of operation
1. Export Advance
2. Prefinancing of exports
A.2.8. Annual nominal interest rate (expressed in basis points).
A.2.9. Entity through which the presentation of this operation was formalized according to the provisions disseminated through Communication "A" 3430 and complementary. A.2.10. Currency code (SWIFT). A.2.11. Total amount entered into the local market and pending cancellation as of 12.31.2001. A.2.12. Total amount not entered into the local market and applied in payments to third parties that was pending cancellation as of 12.31.2001. A.2.13. Pending amount as of the reported date expressed in the negotiated currency A.2.14. Estimated date of final application or, in its absence, the maturity date of the prefinancing of exports. A.2.15. Application sequence number. Correlative number assigned by the entity. A.2.16. Date of application. A.2.17. Number of authorization from the Central Bank -when applicable-. A.2.18. Number of communication that allows its automatic application. A.2.19. Number of export destination to consumption to which it was applied. A.2.20. Amount applied expressed in the currency of the debt. Fields A.2.15 to A.2.20 must be recorded for each of the partial applications that the considered operation presents. Version: 1st. Communication "A" 3609 Validity: 20.05.02 Page 3 B.C.R.A. MONTHLY ACCOUNTING INFORMATION REGIME 17 – TRACKING OF ADVANCE PAYMENTS AND PREFINANCING LOANS OWED ABROAD (R.I. – S.A.P.P.)

B – Information to be sent to the Superintendence of Financial and Exchange Entities.
B.1. Advance payments and prefinancing loans entered after December 6, 2001.
Each foreign currency entry operation will be considered as a unit of record.
B.1.1. Tax Identification Number (CUIT) of the exporter.
B.1.2. Entity through which the exchange negotiation was carried out.
B.1.3. Number of the exchange purchase ticket to clients.
B.1.4. Type of operation
1. Export Advance
2. Prefinancing of exports
B.1.5 Code of the negotiated currency (SWIFT).
B.1.6. Amount entered expressed in the negotiated currency.
B.1.7. Pending amount as of the reported date expressed in the negotiated currency B.1.8. Estimated date of final application or, in its absence, the maturity date of the prefinancing of exports. B.2. Advance payments and prefinancing loans entered up to December 6, 2001, reported and validated according to the provisions given known through Communication "A" 3430 and complementary. Each operation reported according to the provisions disseminated through Communication "A" 3430 and complementary will be considered as a unit of record. B.2.1. Tax Identification Number (CUIT) of the exporter. B.2.2. Entity through which the presentation of this operation was formalized according to the provisions disseminated through Communication "A" 3430 and complementary. B.2.3. Type of operation
1. Export Advance
2. Prefinancing of exports
A.2.4. Currency code (SWIFT).
B.2.5. Total amount entered into the local market and pending cancellation as of 12.31.2001. B.2.6. Total amount not entered into the local market and applied in payments to third parties that was pending cancellation as of 12.31.2001. B.2.7. Pending amount as of the reported date expressed in the negotiated currency. B.2.8. Estimated date of final application or, in its absence, the maturity date of the prefinancing of exports. Version: 1st. Communication "A" 3609 Validity: 20.05.02 Page 4 B.C.R.A. MONTHLY ACCOUNTING INFORMATION REGIME 17 – TRACKING OF ADVANCE PAYMENTS AND PREFINANCING LOANS OWED ABROAD (R.I. – S.A.P.P.)