Impairment of IFRS 9 Assets. Exposures to the Non-Financial Public Sector. Adjustments to the Chart of Accounts and Supplementary Provisions

"2019 - YEAR OF EXPORTS"
COMMUNICATION "A" 6847 27/12/2019
TO FINANCIAL ENTITIES:
Ref.: Circular
CONAU 1 - 1373
Impairment of IFRS 9. Exposures to the Non-Financial Public Sector. Adjustments to the Chart of Accounts and Supplementary Provisions. ____________________________________________________________ We address you to communicate the accounting provisions linked to the application of impairment of financial assets under point 5.5 of IFRS 9, effective from 01/01/2020.

On this matter, adjustments were made to the Chart of Accounts, the Supplementary Provisions, and the methodology for prorating the impact of the application was incorporated for entities in Group "B" in accordance with what is established in Communication "A" 6778.

It should be clarified that Group A entities will record expected credit losses according to the IFRSs –with the scope provided in this document– in the existing accounts of "provision for uncollectible risk" and in the new ones that are enabled regarding those concepts not covered by the rules on Classification of Debtors of the Financial System and Minimum Provisions for Uncollectible Risk.

Likewise, Group B entities that opt for the prorating of the impact as of 01/01/2020 will continue to use the existing accounts, while the positive difference resulting from the prorating methodology between the provisions according to the IFRSs –with the scope provided in this document– and the accounting ones determined with the regulations in force until 31/12/2019, will be recorded in the new accounts incorporated in each category.

On the other hand, the use of a special measurement criterion for debt instruments of the Non-Financial Public Sector has been ordered, which will be applicable from 01/01/2020.

The aforementioned special measurement criterion implies temporarily excluding from the scope of application of IFRS 9 the debt instruments of the non-financial public sector.

Therefore, the provisions on impairment of financial assets detailed above apply only to those covered by IFRS 9 that do not belong to the non-financial public sector. In the same sense, it will be allowed that as of 01/01/2020 financial entities reclassify the instruments corresponding to the non-financial public sector that are measured at fair value through profit or loss and at fair value through other comprehensive income to the amortized cost criterion, using as the incorporation value the carrying value at that date.

With respect to the instruments for which this option has been exercised, the accrual of interest and accessories will be interrupted to the extent that the carrying value is above its fair value.

-2-
Modifications to the relevant information regimes will be disseminated in due course.
We salute you attentively.
CENTRAL BANK OF THE ARGENTINE REPUBLIC
Rodrigo J. Danessa Estela M. del Pino Suarez
Main Manager of Information Regime and
Information Centers /c
Deputy General Manager of Information Regime and Protection of Users of Financial Services

ANNEX

ADDITIONS
121136 125136 126136 131606 131825 131907 132221 132307 135606 135816 135907 136213 136307 141223 141307 142222 142305 145223 145307 146222 146307 151215 151313 155211 155313 171203 171204 171304 172203 172302 175203 175204 175303 176203 176204 176303 340031 340032 511120 515117 531004 535004 656005 721050 725050

DELETIONS
131605 131905 132305 135605 135905 136305 141304 142304 145304 146304

B.C.R.A. ADDITIONS AND DELETIONS
Annex to
Comm. "A"
6847

120000 Public and private securities
121000 In pesos
121003 Public securities - Measurement at fair value with change in results 121016 Public securities - Measurement at amortized cost 121017 Private securities - Shares of non-controlled financial entities - Measurement at fair value with changes in results 121018 Private securities - Shares of other non-controlled societies - Measurement at fair value with changes in results 121019 Private securities – Negotiable obligations - Measurement at fair value with changes in results 121020 Private securities – Subordinated obligations - Measurement at fair value with changes in results 121021 Private securities – Common investment funds - Measurement at fair value with changes in results 121022 Private securities – Certificates of participation in financial trusts - Measurement at fair value with changes in results 121023 Private securities – Others - Measurement at fair value with changes in results 121024 BCRA Bills - Measurement at fair value with change in results 121026 BCRA Bills - Measurement at amortized cost 121027 BCRA Notes - Measurement at fair value with change in results 121029 BCRA Notes - Measurement at amortized cost 121031 Private securities – Debt securities of financial trusts - Measurement at fair value with changes in results 121040 Public securities – Measurement at fair value with changes in OCI 121041 BCRA Bills – Measurement at fair value with changes in OCI 121042 BCRA Notes – Measurement at fair value with changes in OCI 121043 Private securities - Shares of non-controlled financial entities - Measurement at fair value with changes in OCI 121044 Private securities - Shares of other non-controlled societies - Measurement at fair value with changes in OCI 121045 Private securities – Negotiable obligations - Measurement at amortized cost 121046 Private securities – Negotiable obligations - Measurement at fair value with changes in OCI 121047 Private securities – Subordinated obligations - Measurement at amortized cost 121048 Private securities – Subordinated obligations - Measurement at fair value with changes in OCI 121049 Private securities – Debt securities of financial trusts - Measurement at amortized cost 121050 Private securities – Debt securities of financial trusts - Measurement at fair value with changes in OCI 121051 Private securities – Others - Measurement at amortized cost 121052 Private securities – Others - Measurement at fair value with changes in OCI 121053 Private securities - Certificates of participation in financial trusts - Measurement at fair value with changes in OCI 121054 Private securities - In non-controlled complementary service companies - Measurement at fair value with changes in results 121055 Private securities - In non-controlled complementary service companies - Measurement at fair value with changes in OCI 121056 BCRA Liquidity Bills - Measurement at fair value with change in results 121057 BCRA Liquidity Bills - Measurement at fair value with changes in OCI 121058 BCRA Liquidity Bills -
Measurement at amortized cost 121059 BCRA Cash Compensation Notes – Measurement at amortized cost 121135 Private securities - (Provision for uncollectible risk) 121136 Private securities – (Provision for uncollectible risk – IFRS prorating)

B.C.R.A. CHART OF ACCOUNTS
Version: 4th COMMUNICATION “A” 6847
Validity:
1/1/2020

125000 In foreign currency - From the country
125003 Public securities - Measurement at fair value with change in results 125016 Public securities - Measurement at amortized cost 125017 Private securities - Shares of non-controlled financial entities - Measurement at fair value with changes in results 125018 Private securities - Shares of other non-controlled societies - Measurement at fair value with changes in results 125019 Private securities – Negotiable obligations - Measurement at fair value with changes in results 125020 Private securities – Subordinated obligations - Measurement at fair value with changes in results 125021 Private securities – Common investment funds - Measurement at fair value with changes in results 125022 Private securities – Certificates of participation in financial trusts - Measurement at fair value with changes in results 125023 Private securities – Others - Measurement at fair value with changes in results 125031 Private securities – Debt securities of financial trusts - Measurement at fair value with changes in results 125036 BCRA Bills - Measurement at fair value with change in results 125038 BCRA Bills - Measurement at amortized cost 125039 BCRA Notes - Measurement at fair value with change in results 125041 BCRA Notes - Measurement at amortized cost 125042 Public securities – Measurement at fair value with changes in OCI 125043 BCRA Bills – Measurement at fair value with changes in OCI 125044 BCRA Notes – Measurement at fair value with changes in OCI 125045 Private securities - Shares of non-controlled financial entities - Measurement at fair value with changes in OCI 125046 Private securities - Shares of other non-controlled societies - Measurement at fair value with changes in OCI 125047 Private securities – Negotiable obligations - Measurement at amortized cost 125048 Private securities – Negotiable obligations - Measurement at fair value with changes in OCI 125049 Private securities – Subordinated obligations - Measurement at amortized cost 125050 Private securities – Subordinated obligations - Measurement at fair value with changes in OCI 125051 Private securities – Debt securities of financial trusts - Measurement at amortized cost 125052 Private securities – Debt securities of financial trusts - Measurement at fair value with changes in OCI 125053 Private securities – Others - Measurement at amortized cost 125054 Private securities – Others - Measurement at fair value with changes in OCI 125055 Private securities - Certificates of participation in financial trusts - Measurement at fair value with changes in OCI 125056 Private securities - In non-controlled complementary service companies - Measurement at fair value with changes in results 125057 Private securities - In non-controlled complementary service companies - Measurement at fair value with changes in OCI 125135 Private securities - (Provision for uncollectible risk) 125136 Private securities - (Provision for uncollectible risk – IFRS prorating)

Version: 2nd COMMUNICATION “A” 6847
Validity:
1/1/2020
B.C.R.A. CHART OF ACCOUNTS

126000 In foreign currency – From abroad
126003 Public securities - Measurement at fair value with change in results 126009 Public securities - Measurement at amortized cost 126010 Private securities - Measurement at fair value with change in results 126011 Public securities – Measurement at fair value with changes in OCI 126013 Private securities – Measurement at amortized cost 126014 Private securities – Measurement at fair value with changes in OCI 126135 Private securities - (Provision for uncollectible risk) 126136 Private securities - (Provision for uncollectible risk – IFRS prorating)

Version: 1st COMMUNICATION “A” 6847
Validity:
1/1/2020
B.C.R.A. CHART OF ACCOUNTS

131505 Financial sector - Accrued compensatory interest to be collected on documents 131506 Financial sector - Accrued compensatory interest to be collected on interfinancial loans to local entities 131507 Financial sector - Accrued compensatory interest to be collected on other loans of Units of Purchasing Power – Law 25.827 131508 Financial sector - Accrued compensatory interest to be collected on single-signature documents of Units of Purchasing Power – Law 25.827 131551 Financial sector - Accrued adjustments to be collected on other loans with CER clause 131554 Financial sector - Accrued adjustments to be collected on advances with CER clause 131555 Financial sector - Accrued adjustments to be collected on documents with CER clause 131556 Financial sector - Accrued adjustments to be collected on interfinancial loans. with CER clause 131557 Financial sector – Accrued adjustments to be collected on other loans of Units of Purchasing Power – Law 25.827 131558 Financial sector – Accrued adjustments to be collected on single-signature documents of Units of Purchasing Power – Law 25.827 131601 Financial sector - (Provision for uncollectible risk) 131606 Financial sector - (Provision for uncollectible risk – IFRS prorating) 131700 Non-financial private sector - Capitals 131708 Mortgages on housing 131709 Current account advances 131711 With other mortgage guarantees 131712 Other advances 131713 Pledges on motor vehicles 131714 With other pledge guarantees 131715 Single-signature documents 131718 Discounted documents 131719 Discounted credit titles 131721 Purchased documents 131731 Personal 131732 Small amount personal 131733 Documentary credits 131736 Of public securities 131738 Of private securities 131739 To Microcredit Institutions 131740 For micro-entrepreneurs 131741 Other loans 131742 Of credit cards 131744 Mortgages on housing of Housing Units – Law 27.271 131745 Mortgages on housing of Units of Purchasing Power – Law 25.827 131746 With other mortgage guarantees of Units of Purchasing Power – Law 25.827 131747 Pledges on motor vehicles of Units of Purchasing Power – Law 25.827 131748 With other pledge guarantees of Units of Purchasing Power – Law 25.827 131749 Personal of Units of Purchasing Power – Law 25.827 131750 With other mortgage guarantees of Housing Units – Law 27.271 131751 Other loans of Units of Purchasing Power – Law 25.827 131752 Single-signature documents of Units of Purchasing Power – Law 25.827 131791 (Other documented interests) 131792 (Unapplied collections) 131793 (Documented interests for personal loans) 131797 (Documented interests – Units of Purchasing Power – Law 25.827) 131801 Non-financial private sector - Accrued compensatory interest to be collected on other loans

Version: 2nd COMMUNICATION “A” 6847
Validity:
1/1/2020
B.C.R.A. CHART OF ACCOUNTS

131802 Non-financial private sector - Accrued punitive interest to be collected 131803 Non-financial private sector - Accrued exchange rate differences to be collected 131804 Non-financial private sector - Accrued compensatory interest to be collected on advances 131805 Non-financial private sector - Accrued compensatory interest to be collected on documents 131808 Non-financial private sector - Accrued compensatory interest to be collected on personal loans 131809 Non-financial private sector - Accrued compensatory interest to be collected on mortgage loans on housing 131810 Non-financial private sector - Accrued compensatory interest to be collected on loans with other mortgage guarantees 131811 Non-financial private sector - Accrued compensatory interest to be collected on pledge loans on motor vehicles 131812 Non-financial private sector - Accrued compensatory interest to be collected on loans with other pledge guarantees 131813 Non-financial private sector - Accrued compensatory interest to be collected on credit card loans 131814 Non-financial private sector - Accrued compensatory interest to be collected on loans to Microcredit Institutions 131815 Non-financial private sector - Accrued compensatory interest to be collected on loans for micro-entrepreneurs 131816 Non-financial private sector - Accrued compensatory interest to be collected on mortgage loans on housing of Units of Purchasing Power – Law 25.827 131817 Non-financial private sector - Accrued compensatory interest to be collected on loans with other mortgage guarantees of Units of Purchasing Power – Law 25.827 131818 Non-financial private sector - Accrued compensatory interest to be collected on pledge loans on motor vehicles of Units of Purchasing Power – Law 25.827 131819 Non-financial private sector - Accrued compensatory interest to be collected on loans with other pledge guarantees of Units of Purchasing Power – Law 25.827 131820 Non-financial private sector - Accrued compensatory interest to be collected on mortgage loans on housing of UVI– Law 27.271 131821 Non-financial private sector - Accrued compensatory interest to be collected on personal loans of Units of Purchasing Power – Law 25.827 131822 Non-financial private sector - Accrued compensatory interest to be collected on loans with other mortgage guarantees of UVI– Law 27.271 131823 Non-financial private sector - Accrued compensatory interest to be collected on other loans of Units of Purchasing Power – Law 25.827 131824 Non-financial private sector – Accrued compensatory interest to be collected on single-signature documents of Units of Purchasing Power – Law 25.827 131825 Non-financial private sector – Accrued interest and other concepts to be collected from financial assets with credit impairment 131851 Non-financial private sector - Accrued adjustments to be collected on other loans with CER clause 131854 Non-financial private sector - Accrued adjustments to be collected on advances with CER clause 131855
Non-financial private sector - Accrued adjustments to be collected on documents with CER clause 131858 Non-financial private sector - Accrued adjustments to be collected on personal loans with CER clause 131859 Non-financial private sector - Accrued adjustments to be collected on mortgage loans on housing with CER clause 131860 Non-financial private sector - Accrued adjustments to be collected on loans with other mortgage guarantees with CER clause 131861 Non-financial private sector - Accrued adjustments to be collected on pledge loans on motor vehicles with CER clause 131862 Non-financial private sector - Accrued adjustments to be collected on loans with other pledge guarantees with CER clause 131864 Non-financial private sector - Accrued adjustments to be collected on credit card financings with CER clause 131865 Non-financial private sector - Accrued adjustments to be collected on mortgage loans on housing of UVI – Law 27.271

Version: 2nd COMMUNICATION “A” 6847
Validity:
1/1/2020
B.C.R.A. CHART OF ACCOUNTS

131866 Non-financial private sector – Accrued adjustments to be collected on mortgage loans on housing of Units of Purchasing Power – Law 25.827 131867 Non-financial private sector – Accrued adjustments to be collected on loans with other mortgage guarantees of Units of Purchasing Power – Law 25.827 131868 Non-financial private sector – Accrued adjustments to be collected on pledge loans on motor vehicles of Units of Purchasing Power – Law 25.827 131869 Non-financial private sector – Accrued adjustments to be collected on loans with other pledge guarantees of Units of Purchasing Power – Law 25.827 131870 Non-financial private sector – Accrued adjustments to be collected on personal loans of Units of Purchasing Power – Law 25.827 131871 Non-financial private sector - Accrued adjustments to be collected on loans with other mortgage guarantees of UVI – Law 27.271 131872 Non-financial private sector – Accrued adjustments to be collected on other loans of Units of Purchasing Power – Law 25.827 131873 Non-financial private sector – Accrued adjustments to be collected on single-signature documents of Units of Purchasing Power – Law 25.827 131881 Non-financial private sector - Accrued adjustments to be collected on other loans with CVS clause 131885 Non-financial private sector - Accrued adjustments to be collected on documents with CVS clause 131888 Non-financial private sector - Accrued adjustments to be collected on personal loans with CVS clause 131889 Non-financial private sector - Accrued adjustments to be collected on mortgage loans on housing with CVS clause 131890 Non-financial private sector - Accrued adjustments to be collected on loans with other mortgage guarantees with CVS clause 131891 Non-financial private sector - Accrued adjustments to be collected on pledge loans on motor vehicles with CVS clause 131892 Non-financial private sector - Accrued adjustments to be collected on loans with other pledge guarantees with CVS clause 131901 Non-financial private sector - (Provision for uncollectible risk) 131906 Non-financial private sector - (Difference by portfolio acquisition) 131907 Non-financial private sector - (Provision for uncollectible risk – IFRS prorating) 132000 In pesos - Residents abroad 132100 Capitals 132103 Correspondence - Our account 132106 Correspondence - Your account 132108 Mortgages on housing 132109 Current account advances 132111 With other mortgage guarantees 132112 Other advances 132113 Pledges on motor vehicles 132114 With other pledge guarantees 132118 Discounted documents 132119 Discounted credit titles 132121 Purchased documents 132136 Of public securities 132138 Of private securities 132141 Other loans 132145 Mortgages on housing of Units of Purchasing Power – Law 25.827 132146 With other mortgage guarantees of Units of Purchasing Power – Law 25.827 132147 Pledges on motor vehicles of Units of Purchasing Power – Law 25.827 132148 With other pledge guarantees of Units of Purchasing Power – Law 25.827

Version: 2nd COMMUNICATION “A” 6847
Validity:
1/1/2020
B.C.R.A. CHART OF ACCOUNTS

132149 Other loans from Units of Purchasing Value – Law 25.827 132191 (Documented interest) 132192 (Unapplied collections) 132201 Accrued compensatory interest receivable for other loans 132202 Accrued punitive interest receivable 132203 Accrued exchange rate differences receivable 132204 Accrued compensatory interest receivable for advances 132205 Accrued compensatory interest receivable for documents 132209 Accrued compensatory interest receivable for residential mortgage loans 132210 Accrued compensatory interest receivable for loans with other mortgage guarantees 132211 Accrued compensatory interest receivable for motor vehicle pledge loans 132212 Accrued compensatory interest receivable for loans with other pledge guarantees 132216 Accrued compensatory interest receivable for residential mortgage loans from Units of Purchasing Value – Law 25.827 132217 Accrued compensatory interest receivable for loans with other mortgage guarantees from Units of Purchasing Value – Law 25.827 132218 Accrued compensatory interest receivable for motor vehicle pledge loans from Units of Purchasing Value – Law 25.827 132219 Accrued compensatory interest receivable for loans with other pledge guarantees from Units of Purchasing Value – Law 25.827 132220 Accrued compensatory interest receivable for other loans from Units of Purchasing Value – Law 25.827 132221 Accrued interest and other concepts receivable from financial assets with credit impairment 132251 Accrued adjustments receivable for other loans with CER clause 132254 Accrued adjustments receivable for advances with CER clause 132255 Accrued adjustments receivable for documents with CER clause 132259 Accrued adjustments receivable for residential mortgage loans with CER clause 132260 Accrued adjustments receivable for loans with other mortgage guarantees with CER clause 132261 Accrued adjustments receivable for motor vehicle pledge loans with CER clause 132262 Accrued adjustments receivable for loans with other pledge guarantees with CER clause 132263 Accrued adjustments receivable for residential mortgage loans from Units of Purchasing Value – Law 25.827 132264 Accrued adjustments receivable for loans with other mortgage guarantees from Units of Purchasing Value – Law 25.827 132265 Accrued adjustments receivable for motor vehicle pledge loans from Units of Purchasing Value – Law 25.827 132266 Accrued adjustments receivable for loans with other pledge guarantees from Units of Purchasing Value – Law 25.827 132267 Accrued adj. receivable for other loans from Units of Purchasing Value – Law 25.827 132281 Accrued adjustments receivable for other loans with CVS clause 132285 Accrued adjustments receivable for documents with CVS clause 132289 Accrued adjustments receivable for residential mortgage loans with CVS clause 132290 Accrued adjustments receivable for loans with other mortgage guarantees with CVS clause 132291 Accrued adjustments receivable for motor vehicle pledge loans with CVS clause 132292 Accrued
adjustments receivable for loans with other pledge guarantees with CVS clause 132301 (Provision for uncollectibility risk) 132306 (Difference from portfolio acquisition) 132307 (Provision for uncollectibility risk – IFRS prorating) 135000 In foreign currency – Residents in the country 135100 Non-financial public sector – Principal 135108 Residential mortgages 135109 Current account advances 135111 With other mortgage guarantees 135112 Other advances Version: 2nd. COMMUNICATION “A” 6847 Validity:
1/1/2020
B.C.R.A. CHART OF ACCOUNTS

135113 Motor vehicle pledges
135114 With other pledge guarantees
135115 Sole signature documents
135118 Discounted documents
135119 Discounted credit titles
135121 Purchased documents
135133 Documentary credits
135136 From public titles
135138 From private titles
135141 Other loans
135191 (Documented interest)
135192 (Unapplied collections)
135199 Loans for pre-financing and financing of exports 135201 Non-financial public sector – Accrued compensatory interest receivable for other loans 135202 Non-financial public sector – Accrued punitive interest receivable 135203 Non-financial public sector – Accrued exchange rate differences receivable 135204 Non-financial public sector – Accrued compensatory interest receivable for advances 135205 Non-financial public sector – Accrued compensatory interest receivable for documents 135209 Non-financial public sector – Accrued compensatory interest receivable for residential mortgage loans 135210 Non-financial public sector – Accrued compensatory interest receivable for loans with other mortgage guarantees 135211 Non-financial public sector – Accrued compensatory interest receivable for pledge loans 135212 Non-financial public sector – Accrued compensatory interest receivable for loans with other pledge guarantees 135215 Non-financial public sector – Accrued compensatory interest receivable for loans for pre-financing and financing of exports 135400 Financial sector – Principal 135403 Correspondency – Our account 135406 Correspondency – Your account 135409 Current account advances 135412 Other advances 135415 Sole signature documents 135418 Discounted documents 135419 Discounted credit titles 135421 Purchased documents 135436 From public titles 135438 From private titles 135441 Other loans 135442 Interfinancial to local entities 135443 Interfinancial to local entities – In public titles 135444 Interfinancial to local entities – In private titles 135491 (Documented interest) 135492 (Unapplied collections) 135499 Interfinancial to local entities – Pre-financing and financing of exports 135501 Financial sector – Accrued compensatory interest receivable for other loans 135502 Financial sector – Accrued punitive interest receivable 135503 Financial sector – Accrued exchange rate differences receivable Version: 2nd. COMMUNICATION “A” 6847 Validity:
1/1/2020
B.C.R.A. CHART OF ACCOUNTS

135504 Financial sector – Accrued compensatory interest receivable for advances 135505 Financial sector – Accrued compensatory interest receivable for documents 135506 Financial sector – Accrued compensatory interest receivable for interfinancial loans to local entities 135515 Financial sector – Accrued compensatory interest receivable for interfinancial loans to local entities – Pre-financing and financing of exports 135601 Financial sector – (Provision for uncollectibility risk) 135606 Financial sector – (Provision for uncollectibility risk – IFRS prorating) 135700 Non-financial private sector – Principal 135708 Residential mortgages 135709 Current account advances 135711 With other mortgage guarantees 135712 Other advances 135713 Motor vehicle pledges 135714 With other pledge guarantees 135715 Sole signature documents 135718 Discounted documents 135719 Discounted credit titles 135721 Purchased documents 135728 Pledges for SMEs. Decree 2586/92 135731 Personal 135732 Small amount personal 135733 Documentary credits 135736 From public titles 135738 From private titles 135741 Other loans 135742 From credit cards 135791 (Other documented interest) 135792 (Documented interest – SMEs) 135793 (Documented interest for personal loans) 135794 (Unapplied collections) 135799 Loans for pre-financing and financing of exports 135801 Non-financial private sector – Accrued compensatory interest receivable for other loans 135802 Non-financial private sector – Accrued punitive interest receivable 135803 Non-financial private sector – Accrued exchange rate differences receivable 135804 Non-financial private sector – Acc. comp. interest receivable for advances 135805 Non-financial private sector – Accrued compensatory interest receivable for documents 135808 Non-financial private sector – Accrued compensatory interest receivable for personal loans 135809 Non-financial private sector – Accrued compensatory interest receivable for residential mortgage loans 135810 Non-financial private sector – Accrued compensatory interest receivable for loans with other mortgage guarantees 135811 Non-financial private sector – Accrued compensatory interest receivable for motor vehicle pledge loans 135812 Non-financial private sector – Accrued compensatory interest receivable for loans with other pledge guarantees 135813 Non-financial private sector – Accrued compensatory interest receivable for pledge loans for SMEs 135814 Non-financial private sector – Accrued compensatory interest receivable for credit card loans Version: 2nd. COMMUNICATION “A” 6847 Validity:
1/1/2020
B.C.R.A. CHART OF ACCOUNTS

135815 Non-financial private sector – Accrued compensatory interest receivable for loans for pre-financing and financing of exports 135816 Non-financial private sector – Accrued interest and other concepts receivable from financial assets with credit impairment 135901 Non-financial private sector – (Provision for uncollectibility risk) 135906 Non-financial private sector – (Difference from portfolio acquisition) 135907 Non-financial private sector – (Provision for uncollectibility risk – IFRS prorating) 136000 In foreign currency – Residents abroad 136100 Principal 136103 Correspondency – Our account 136106 Correspondency – Your account 136108 Residential mortgages 136109 Current account advances 136111 With other mortgage guarantees 136112 Other advances 136113 Motor vehicle pledges 136114 With other pledge guarantees 136118 Discounted documents 136119 Discounted credit titles 136121 Purchased documents 136136 From public titles 136138 From private titles 136141 Other loans 136191 (Documented interest) 136192 (Unapplied collections) 136201 Accrued compensatory interest receivable for other loans 136202 Accrued punitive interest receivable 136203 Accrued exchange rate differences receivable 136204 Accrued compensatory interest receivable for advances 136205 Accrued compensatory interest receivable for documents 136209 Accrued compensatory interest receivable for residential mortgage loans 136210 Accrued compensatory interest receivable for loans with other mortgage guarantees 136211 Accrued compensatory interest receivable for motor vehicle pledge loans 136212 Accrued compensatory interest receivable for loans with other pledge guarantees 136213 Accrued interest and other concepts receivable from financial assets with credit impairment 136301 (Provision for uncollectibility risk) 136306 (Difference from portfolio acquisition) 136307 (Provision for uncollectibility risk – IFRS prorating) Version: 2nd. COMMUNICATION “A” 6847 Validity:
1/1/2020
B.C.R.A. CHART OF ACCOUNTS

138000 IFRS adjustment in pesos
138100 Non-financial public sector
138101 Adjustments for measurement at amortized cost 138102 Adjustments for measurement at fair value 138103 Adjustments for measurement at fair value with changes in OCI 138200 Financial sector 138201 Adjustments for measurement at amortized cost 138202 Adjustments for measurement at fair value 138203 Adjustments for measurement at fair value with changes in OCI 138300 Non-financial private sector 138301 Adjustments for measurement at amortized cost 138302 Adjustments for measurement at fair value 138303 Adjustments for measurement at fair value with changes in OCI 138400 Residents abroad 138401 Adjustments for measurement at amortized cost 138402 Adjustments for measurement at fair value 138403 Adjustments for measurement at fair value with changes in OCI 139000 IFRS adjustment in foreign currency 139100 Non-financial public sector 139101 Adjustments for measurement at amortized cost 139102 Adjustments for measurement at fair value 139103 Adjustments for measurement at fair value with changes in OCI 139200 Financial sector 139201 Adjustments for measurement at amortized cost 139202 Adjustments for measurement at fair value 139203 Adjustments for measurement at fair value with changes in OCI 139300 Non-financial private sector 139301 Adjustments for measurement at amortized cost 139302 Adjustments for measurement at fair value 139303 Adjustments for measurement at fair value with changes in OCI 139400 Residents abroad 139401 Adjustments for measurement at amortized cost 139402 Adjustments for measurement at fair value 139403 Adjustments for measurement at fair value with changes in OCI Version: 2nd. COMMUNICATION “A” 6847 Validity:
1/1/2020
B.C.R.A. CHART OF ACCOUNTS

140000 Other credits from financial intermediation 141000 In pesos – Residents in the country 141100/400 Principal 141104 Non-financial debtors from active repos of public titles – Principal 141116 Non-financial debtors from active repos of foreign currency – Principal 141118 Financial debtors from sales of foreign currency for cash to be settled 141120 Forward purchases of public titles at fair value for repo operations 141124 Forward purchases for other repo operations 141125 Non-financial debtors from other active repos – Principal 141126 Financial debtors from sales of public titles for cash to be settled 141127 Overdrafts in clearing houses in the interior 141129 Financial debtors from other cash sales to be settled 141131 Securities swap 141133 Advances for payment of pensions and retirement benefits 141134 Financial debtors from active repos of public titles – Principal 141135 Financial debtors from active repos of foreign currency – Principal 141136 Other payments on behalf of third parties 141139 Accepted and purchased deposit certificates 141141 Accrued commissions receivable 141142 Central Bank of the Argentine Republic – Reciprocal credits – Pending reimbursements 141143 Financial debtors from active repos of public titles with the B.C.R.A. – Principal 141144 Financial debtors from active repos of M.R.I. with the B.C.R.A. – Principal 141148 Central Bank of the Argentine Republic – Pending reimbursements for payments of income services and amortization of national public securities 141153 Central Bank of the Argentine Republic – Special guarantee accounts 141154 Various 141155 Purchased call options 141156 Purchased put options 141169 Central Bank of the Argentine Republic – Unavailable deposits from exchange operations 141170 Central Bank of the Argentine Republic – Other unavailable deposits 141176 Financial debtors from other active repos – Principal 141185 Non-financial debtors from sales of public titles for cash to be settled 141186 Non-financial debtors from sales of foreign currency for cash to be settled 141187 Non-financial debtors from other cash sales to be settled 141191 Central Bank of the Argentine Republic – Various 141192 (Unapplied collections) 141195 Deposit Insurance S.A. – Advances to the Deposit Guarantee Fund Contribution 141196 (Other unapplied collections) 141197 Other financings 141201 Other accrued interest receivable 141220 Accrued compensatory interest receivable for Loans destined for the Deposit Guarantee Fund 141221 Accrued interest receivable from active repos 141222 Accrued interest receivable from active repos with the B.C.R.A. 141223 Accrued interest and other concepts receivable from financial assets with credit impairment 141250 Accrued adjustments receivable for other credits from financial intermediation – computable under the “Classification of Debtors” rules – with CER clause 141251 Accrued adjustments receivable for other credits from financial intermediation – not computable under the
“Classification of Debtors” rules – with CER clause 141301 (Provision for uncollectibility risk) 141307 (Provision for uncollectibility risk – IFRS prorating) 141401 Deposit Insurance S.A. – Loans destined for the Deposit Guarantee Fund 141402 Debit balances linked to foreign currency forward operations payable in pesos 141403 Debit balances linked to public title forward operations 141404 Debit balances linked to other forward operations Version: 3rd. COMMUNICATION “A” 6847 Validity:
1/1/2020
B.C.R.A. CHART OF ACCOUNTS

141405 Debit balances linked to fixed-to-variable interest rate swaps 141406 Debit balances linked to variable-to-fixed interest rate swaps 141407 Trust in guarantee 141413 Forward purchases of public titles at amortized cost for repo operations 141433 Forward purchases of monetary regulation instruments for repo operations 141434 Administration services for portfolio transfer 141435 Continued involvement of derecognized financial assets 141436 Cumulative change in FV for hedges 142000 In pesos – Residents abroad 142100 Principal 142104 Forward purchases of public titles at fair value for repo operations 142106 Forward purchases for other repo operations 142108 Debtors from active repos – Principal 142111 Debtors from cash sales to be settled 142154 Various 142155 Purchased call options 142156 Purchased put options 142157 Debit balances linked to foreign currency forward operations payable in pesos 142158 Debit balances linked to public title forward operations 142159 Debit balances linked to other forward operations 142160 Debit balances linked to fixed-to-variable interest rate swaps 142161 Debit balances linked to variable-to-fixed interest rate swaps 142192 (Unapplied collections) 142196 (Other unapplied collections) 142201 Accrued interest receivable 142221 Accrued interest receivable from active repos 142222 Accrued interest and other concepts receivable from financial assets with credit impairment 142301 (Provision for uncollectibility risk) 142305 (Provision for uncollectibility risk – IFRS prorating) 142413 Forward purchases of public titles at amortized cost for repo operations 142433 Forward purchases of monetary regulation instruments for repo operations 142434 Administration services for portfolio transfer 142435 Continued involvement of derecognized financial assets 142436 Cumulative change in FV for hedges 145000 In foreign currency – Residents in the country 145100 Principal 145105 Forward purchases of public titles at fair value for repo operations 145106 Financial debtors from active repos of M.R.I. with the B.C.R.A. – Principal 145110 Forward purchases for other repo operations 145112 Forward purchases of foreign currency from passive repos 145113 Purchased call options 145114 Purchased put options 145115 Non-financial debtors from active repos of foreign currency – Principal 145116 Non-financial debtors from other active repos – Principal 145120 Non-financial debtors from active repos of public titles – Principal 145125 Financial debtors from other active repos – Principal 145129 Financial debtors from active repos of public titles with the B.C.R.A. – Principal 145131 Securities swap 145132 Non-financial debtors from sales of public titles for cash to be settled 145133 Non-financial debtors from sales of foreign currency for cash to be settled 145134 Non-financial debtors from other cash sales to be settled 145136 Payments on behalf of third parties Version: 3rd. COMMUNICATION “A” 6847 Validity:
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B.C.R.A. CHART OF ACCOUNTS

145139 Acceptances and certificates of deposit purchased 145141 Commissions earned to be collected 145143 Financial debtors for active securities repurchases - Public securities - Capitals 145146 Financial debtors for active foreign currency repurchases - Capitals 145151 Deposit Insurance S.A. - Advances to the Deposit Guarantee Fund Contribution 145152 Financial debtors for cash sales of public securities to be settled 145153 Central Bank of the Argentine Republic - Special guarantee accounts 145154 Various 145155 Financial debtors for cash sales of foreign currency to be settled 145156 Financial debtors for other cash sales to be settled 145185 Central Bank of the Argentine Republic - Time deposit certificates 145186 Debit balances related to foreign currency forward operations 145187 Debit balances related to public securities forward operations 145188 Debit balances related to other forward operations 145189 Debit balances related to fixed-to-variable interest rate swaps 145190 Debit balances related to variable-to-fixed interest rate swaps 145191 Central Bank of the Argentine Republic - Various 145192 (Uncollected amounts) 145195 Deposit Insurance S.A. - Loans destined for the Deposit Guarantee Fund 145196 (Other uncollected amounts) 145197 Other financing 145201 Other interest earned to be collected 145202 Compensatory interest earned to be collected for Loans destined for the Deposit Guarantee Fund 145221 Interest earned to be collected for active repurchases 145222 Interest earned to be collected for active repurchases with the B.C.R.A. 145223 Interest and other concepts earned to be collected from financial assets with credit impairment 145301 (Provision for uncollectibility risk) 145307 (Provision for uncollectibility risk – IFRS proration) 145407 Trust in Guarantee 145413 Forward purchases of public securities at amortized cost for repurchase operations 145426 Forward purchases of monetary regulation instruments for repurchase operations 145434 Administration services for portfolio transfer 145435 Continued involvement of financial assets derecognized 145436 Accumulated change in FV for hedges 146000 In foreign currency - Residents abroad 146100 Capitals 146104 Forward purchases of public securities at fair value for repurchase operations 146106 Forward purchases for other repurchase operations 146108 Debtors for active repurchases - Capitals 146111 Debtors for cash sales to be settled 146115 Debit balances related to foreign currency forward operations 146116 Debit balances related to public securities forward operations 146117 Debit balances related to other forward operations 146118 Debit balances related to fixed-to-variable interest rate swaps 146119 Debit balances related to variable-to-fixed interest rate swaps 146136 Payments on behalf of third parties 146139 Acceptances and certificates of deposit purchased 146141 Commissions earned to be collected 146154 Various 146155 Purchased call options 146156 Purchased put options
146192 (Uncollected amounts) 146196 (Other uncollected amounts) 146197 Forward purchases of public securities at amortized cost for repurchase operations 146201 Interest earned to be collected Version: 3rd. COMMUNICATION “A” 6847 Validity:
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B.C.R.A. CHART OF ACCOUNTS

146221 Interest earned to be collected for active repurchases 146222 Interest and other concepts earned to be collected from financial assets with credit impairment 146301 (Provision for uncollectibility risk) 146307 (Provision for uncollectibility risk – IFRS proration) 146434 Administration services for portfolio transfer 146435 Continued involvement of financial assets derecognized 146436 Accumulated change in FV for hedges 148000 IFRS adjustment in pesos 148001 Adjustments for measurement at amortized cost 149000 IFRS adjustment in foreign currency 149001 Adjustments for measurement at amortized cost B.C.R.A. CHART OF ACCOUNTS Version: 2nd. COMMUNICATION “A” 6847 Validity:
1/1/2020

150000 Finance lease receivables
151000 In pesos
151003 Accounts receivable for finance leases
151004 Variable payments not included in net investment earned to be collected 151005 Accounts receivable for finance leases of Value Acquisition Units – Law 25.827 151007 (Uncollected amounts) 151210 Interest earned to be collected for finance leases 151211 Interest earned to be collected for finance leases of Value Acquisition Units - Law 25.827 151213 Adjustments earned to be collected for finance lease contracts with CER clause 151214 Adjustments earned to be collected for finance lease contracts of Value Acquisition Units - Law 25.827 151215 Interest and other concepts earned to be collected from finance lease credits with credit impairment 151312 (Provision for finance lease contracts) 151313 (Provision for finance lease contracts – IFRS proration) 155000 In foreign currency 155003 Accounts receivable for finance leases 155004 Variable payments not included in net investment earned to be collected 155007 (Uncollected amounts) 155210 Interest earned to be collected for finance leases 155211 Interest and other concepts earned to be collected from finance lease credits with credit impairment 155312 (Provision for finance lease contracts) 155313 (Provision for finance lease contracts – IFRS proration) 158000 IFRS adjustment in pesos 158001 IFRS Adjustment Finance Lease Receivables 159000 IFRS adjustment in foreign currency Finance Lease Receivables 159001 IFRS Adjustment Finance Lease Receivables Version: 4th. COMMUNICATION “A” 6847 Validity:
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B.C.R.A. CHART OF ACCOUNTS

170000 Other credits
171000 In pesos - Residents in the country
171100 Capitals
171103 Shareholders
171106 Advances of fees to directors and auditors 171109 Advances to staff 171112 Loans to staff 171115 Tax advances 171117 Value added tax - Input credit 171119 Gross profit tax – Input credit 171121 Debtors for sale of goods 171123 (Uncollected amounts for sale of goods) 171126 (Other uncollected amounts) 171127 Payments made in advance 171131 Rents receivable 171133 Balances recoverable for claims 171136 Security deposits 171139 Various debtors 171140 Security deposits for purchased options on physical underlying assets 171141 Security deposits for written options on physical underlying assets 171142 Security deposits for purchased options on non-physical underlying assets 171143 Security deposits for written options on non-physical underlying assets 171144 Deferred tax asset 171145 Assets originated (surplus) from defined benefit employee benefit plans 171146 Contract assets (revenue from ordinary activities arising from contracts with customers) 171147 Advances for purchase of goods 171201 Interest earned to be collected 171202 Interest earned to be collected for debtors for sale of goods 171203 Interest and other concepts earned to be collected from financial assets with credit impairment 171204 Interest and other concepts earned to be collected for debtors for sale of goods with credit impairment 171250 Adjustments earned to be collected for debtors for sale of goods with CER clause 171251 Adjustments earned to be collected for other miscellaneous credits with CER clause 171301 (Provision for uncollectibility risk of other miscellaneous credits) 171302 (Provision for uncollectibility risk for debtors for sale of goods) 171303 (Provision for uncollectibility risk of Gross profit tax – Input credit) 171304 (Provision for uncollectibility risk of miscellaneous credits – IFRS proration) 172000 In pesos - Residents abroad 172100 Capitals 172103 Shareholders 172106 Advances of fees to directors and auditors 172126 (Uncollected amounts) 172136 Security deposits 172139 Various debtors 172140 Security deposits for purchased options on physical underlying assets 172141 Security deposits for written options on physical underlying assets 172142 Security deposits for purchased options on non-physical underlying assets 172143 Security deposits for written options on non-physical underlying assets 172146 Contract assets (revenue from ordinary activities arising from contracts with customers) 172147 Advances for purchase of goods Version: 2nd. COMMUNICATION “A” 6847 Validity:
1/1/2020
B.C.R.A. CHART OF ACCOUNTS

172201 Interest earned to be collected
172203 Interest and other concepts earned to be collected from financial assets with credit impairment 172301 (Provision for uncollectibility risk) 172302 (Provision for uncollectibility risk of miscellaneous credits – IFRS proration) 175000 In foreign currency - Residents in the country 175100 Capitals 175112 Loans to staff 175121 Debtors for sale of goods 175123 (Uncollected amounts for sale of goods) 175126 (Other uncollected amounts) 175136 Security deposits 175139 Various debtors 175140 Security deposits for purchased options on physical underlying assets 175141 Security deposits for written options on physical underlying assets 175142 Security deposits for purchased options on non-physical underlying assets 175143 Security deposits for written options on non-physical underlying assets 175145 Assets originated (surplus) from defined benefit employee benefit plans 175146 Contract assets (revenue from ordinary activities arising from contracts with customers) 175147 Advance for purchase of goods 175201 Interest earned to be collected 175202 Interest earned to be collected for debtors for sale of goods 175203 Interest and other concepts earned to be collected from financial assets with credit impairment 175204 Interest and other concepts earned to be collected for debtors for sale of goods with credit impairment 175301 (Provision for uncollectibility risk of other miscellaneous credits) 175302 (Provision for uncollectibility risk for debtors for sale of goods) 175303 (Provision for uncollectibility risk of miscellaneous credits – IFRS proration) 176000 In foreign currency - Residents abroad 176100 Capitals 176121 Debtors for sale of goods 176123 (Uncollected amounts for sale of goods) 176126 (Other uncollected amounts) 176136 Security deposits 176139 Various debtors 176140 Security deposits for purchased options on physical underlying assets 176141 Security deposits for written options on physical underlying assets 176142 Security deposits for purchased options on non-physical underlying assets 176143 Security deposits for written options on non-physical underlying assets 176146 Contract assets (revenue from ordinary activities arising from contracts with customers) 176147 Advance for purchase of goods 176201 Interest earned to be collected 176202 Interest earned to be collected for debtors for sale of goods 176203 Interest and other concepts earned to be collected from financial assets with credit impairment 176204 Interest and other concepts earned to be collected for debtors for sale of goods with credit impairment 176301 (Provision for uncollectibility risk of other miscellaneous credits) Version: 2nd. COMMUNICATION “A” 6847 Validity:
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B.C.R.A. CHART OF ACCOUNTS

176302 (Provision for uncollectibility risk for debtors for sale of goods) 176303 (Provision for uncollectibility risk of miscellaneous credits – IFRS proration) 178000 IFRS adjustment in pesos 178001 Adjustments for measurement at amortized cost 179000 IFRS adjustment in foreign currency 179001 Adjustments for measurement at amortized cost Version: 1st. COMMUNICATION “A” 6847 Validity:
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B.C.R.A. CHART OF ACCOUNTS

340000 Provisions
340003 Termination benefits
340006 Contingencies with the Central Bank of the Argentine Republic 340012 Other contingencies 340018 For eventual commitments 340023 For administrative, disciplinary and criminal sanctions 340027 Provisions for restructuring 340028 Provisions for onerous contracts 340029 Provisions for costs of taking out of service, restoration and rehabilitation 340030 Provisions for post-employment defined benefit plans 340031 For eventual commitments – IFRS proration 340032 For unused credit card balances B.C.R.A. CHART OF ACCOUNTS Version: 2nd. COMMUNICATION “A” 6847 Validity:
1/1/2020

511105 Result from refinancing of financial assets 511106 Result from sale or derecognition of private securities 511107 Interest on personal loans 511108 Interest on active repurchases with the B.C.R.A. 511109 Interest on transferred advances not derecognized 511110 Interest on transferred documents not derecognized 511111 Interest on transferred mortgage loans not derecognized 511112 Interest on transferred pledge loans not derecognized 511113 Interest on transferred personal loans not derecognized 511114 Interest on transferred credit cards not derecognized 511115 Interest on other transferred loans not derecognized 511116 Interest on transferred finance leases not derecognized 511117 Adjustment for UVA loans transferred not derecognized 511118 Adjustment for UVI loans transferred not derecognized 511119 Adjustment for finance leases of UVA transferred not derecognized 511120 Interest and other concepts from financial assets with credit impairment Results from measurement at fair value with change in results 511501 Results from forward operations of public securities 511502 Results from forward operations of private securities 511503 Results from forward operations of foreign currency 511504 Results from other forward operations 511505 Results from public securities 511506 Result from certificates of participation in financial trusts 511507 Result from debt titles of financial trusts 511508 Result from debentures 511509 Result from subordinated obligations 511510 Result from other private securities 511511 Result from purchased call options 511512 Result from purchased put options 511513 Result from written call options 511514 Result from written put options 511515 Result from interest rate swaps 511516 Result from loans 511517 Result from other credits for financial intermediation 511518 Result from Other Obligations for Financial Intermediation 511519 Result from issued subordinated obligations 511520 Adjustment for reclassification of public securities 511521 Adjustment for reclassification of private securities 511522 Adjustment for reclassification of loans 511523 Adjustment for reclassification of Other Credits for Financial Intermediation 511524 Result from derecognition or substantial modification of financial liabilities 511531 Results of the hedged item that are Financial Assets at fair value with changes in P&L - Fair Value Hedge 511532 Result of other hedged items - Fair Value Hedge 511533 Adjustment for adoption of fair value with changes in P&L of public securities 511534 Adjustment for adoption of fair value with changes in P&L of private securities 511535 Adjustment for adoption of fair value with changes in P&L of loans 511536 Adjustment for adoption of fair value with changes in P&L of Other Credits for Financial Intermediation 511537 Results of hedging instruments - Cash Flow Hedge – Adjustment for reclassification 511538 Results of hedging instruments - Hedges of net investments in foreign businesses – Adjustment for
reclassification 511539 Exchange difference from translation of financial statements – Adjustment for reclassification Version: 4th. COMMUNICATION “A” 6847 Validity:
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B.C.R.A. CHART OF ACCOUNTS

515109 Interest on transferred advances not derecognized 515110 Interest on transferred documents not derecognized 515111 Interest on transferred mortgage loans not derecognized 515112 Interest on transferred pledge loans not derecognized 515113 Interest on transferred personal loans not derecognized 515114 Interest on transferred credit cards not derecognized 515115 Interest on other transferred loans not derecognized 515116 Interest on transferred finance leases not derecognized 515117 Interest and other concepts from financial assets with credit impairment Results from measurement at fair value with change in results 515501 Results from forward operations of public securities 515502 Results from forward operations of private securities 515503 Results from forward operations of foreign currency 515504 Results from other forward operations 515505 Results from public securities 515506 Result from certificates of participation in financial trusts 515507 Result from debt titles of financial trusts 515508 Result from debentures 515509 Result from subordinated obligations 515510 Result from other private securities 515511 Result from purchased call options 515512 Result from purchased put options 515513 Result from written call options 515514 Result from written put options 515515 Result from interest rate swaps 515516 Result from loans 515517 Result from other credits for financial intermediation 515518 Result from Other Obligations for Financial Intermediation 515519 Result from issued subordinated obligations 515520 Adjustment for reclassification of public securities 515521 Adjustment for reclassification of private securities 515522 Adjustment for reclassification of loans 515523 Adjustment for reclassification of Other Credits for Financial Intermediation 515524 Result from derecognition or substantial modification of financial liabilities 515531 Results of the hedged item that are Financial Assets at fair value with changes in P&L - Fair Value Hedge 515532 Result of other hedged items - Fair Value Hedge 515533 Adjustment for adoption of fair value with changes in P&L of public securities 515534 Adjustment for adoption of fair value with changes in P&L of private securities 515535 Adjustment for adoption of fair value with changes in P&L of loans 515536 Adjustment for adoption of fair value with changes in P&L of Other Credits for Financial Intermediation 515537 Results of hedging instruments - Cash Flow Hedge – Adjustment for reclassification 515538 Results of hedging instruments - Hedges of net investments in foreign businesses – Adjustment for reclassification 515539 Exchange difference from translation of financial statements – Adjustment for reclassification 515540 Results of other adjustments for reclassification 515541 Result from sale or derecognition of financial assets at fair value 515542 Result from refinancing of financial assets Other income 515910 Exchange difference for gold and foreign currency B.C.R.A. CHART OF ACCOUNTS
Version: 4th. COMMUNICATION “A” 6847 Validity:
1/1/2020

530000 Charge for uncollectibility
531003 For operations in pesos
535003 For operations in foreign currency
531004 For operations in pesos – IFRS proration 535004 For operations in foreign currency – IFRS proration B.C.R.A. CHART OF ACCOUNTS Version: 2nd. COMMUNICATION “A” 6847 Validity:
1/1/2020

650000 Other Comprehensive Income (OCI)
651000 Revaluation of property, plant and equipment and intangibles 651001 Revaluation of real estate 651002 Revaluation of furniture 651003 Revaluation of other property, plant and equipment elements 651004 Depreciation of revalued real estate 651005 Depreciation of revalued furniture 651006 Depreciation of other revalued property, plant and equipment elements 651010 Revaluation of intangible assets 651011 Depreciation of intangible assets 651020 Gross profit tax 652000 Accumulated actuarial gains or losses from post-employment defined benefit plans 652001 Actuarial gains or losses from post-employment defined benefit plans 652002 Return of plan assets (excluding net interest on liability - plan assets) 652003 Changes in the effect of the asset ceiling (excluding net interest on liability - plan assets) 652020 Gross profit tax 653000 Exchange difference from translation of financial statements 653001 Period exchange difference from translation of financial statements of foreign businesses 653002 Adjustment for reclassification from total or partial disposal of foreign business 653020 Gross profit tax 654000 Gains or losses from hedging instruments - Cash Flow Hedge 654001 Gain or loss of the hedging instrument from the effective part of cash flow hedge 654002 Decrease from initial recognition of non-financial assets or liabilities or firm commitment applicable to fair value hedge 654003 Adjustment for reclassification 654020 Gross profit tax 655000 Gains or losses from hedging instruments - Hedge of net investment in a foreign business 655001 Gains or losses from hedge of net investment in a foreign business 655002 Adjustment for reclassification from total or partial disposal of foreign business 655020 Gross profit tax 656000 Gains or losses from financial instruments at fair value with changes in OCI 656001 Gains or losses from equity instruments designated at fair value with changes in OCI 656002 Gains or losses from other financial instruments at fair value with changes in OCI 656003 Gains or losses from hedging instruments - Fair value hedge of equity instruments designated at fair value with changes in OCI 656004 Adjustment for reclassification of financial instruments at fair value with changes in OCI 656005 Value correction for credit losses 656020 Gross profit tax 657000 Changes in own credit risk of financial liabilities at fair value Version: 2nd. COMMUNICATION “A” 6847 Validity:
1/1/2020
B.C.R.A. CHART OF ACCOUNTS

720000 CREDITORS
721000 In pesos
CONTINGENCIES
721003 Agreements on current account advances
721005 Other agreed credits
721006 Agreements on current account advances and guarantees of deferred payment checks 721008 Credits agreed to local entities 721014 Other guarantees granted to the Central Bank of the Argentine Republic 721031 Guarantees granted for direct obligations 721033 Other guarantees granted 721038 Guarantees granted on deferred payment checks 721050 Unused credit card balances 721083 Other contingent creditor accounts 721084 Contingent creditor account by counter CONTROL ACCOUNT 721074 Values to be credited 721081 Bonds, guarantees and other liabilities granted from abroad 721082 Financing granted from abroad 721085 Other control creditor accounts 721086 Control creditor account by counter 721091 Savings accounts for housing held in the name and order of the Central Bank of the Argentine Republic 721092 Accrued interest on savings accounts for housing 721093 Other deposits constituted in the name and order of the Central Bank of the Argentine Republic 721094 Accrued interest on other deposits constituted in the name and order of the Central Bank of the Argentine Republic DERIVATIVES 721034 Launched call options 721035 Launched put options 721087 Other derivative creditor accounts 721088 Derivative creditor account by counter 721099 Foreign currency forward sales payable in pesos 721101 Forward sales of public bonds without delivery of the underlying 721102 Other forward sales without delivery of the underlying 721105 Forward sales of monetary regulation instruments without delivery of the underlying 721106 Forward sales of monetary regulation instruments with delivery of the underlying 721107 Forward sales of public bonds with delivery of the underlying 721108 Other forward sales with delivery of the underlying TRUST ACTIVITY 721090 Trust activity creditor account by counter 725000 In foreign currency CONTINGENCIES 725003 Liabilities for foreign trade operations 725004 Documentary credits 725005 Other agreed credits B.C.R.A. CHART OF ACCOUNTS Version: 2nd. COMMUNICATION “A” 6847 Validity:
1/1/2020

725006 Agreements on current account advances and guarantees of deferred payment checks 725007 Commitments for financing and correspondent lines 725008 Credits agreed to local entities 725014 Other guarantees granted to the Central Bank of the Argentine Republic 725031 Guarantees granted for direct obligations 725033 Other guarantees granted 725050 Unused credit card balances 725083 Other contingent creditor accounts 725084 Contingent creditor account by counter CONTROL ACCOUNT 725074 Values to be credited 725081 Bonds, guarantees and other liabilities granted from abroad 725082 Financing granted from abroad 725085 Other control creditor accounts 725086 Control creditor account by counter 725093 Other deposits constituted in the name and order of the Central Bank of the Argentine Republic 725094 Accrued interest on other deposits constituted in the name and order of the Central Bank of the Argentine Republic DERIVATIVES 725034 Launched call options 725035 Launched put options 725087 Other derivative creditor accounts 725088 Derivative creditor account by counter 725099 Forward sales of foreign currency without delivery of the underlying 725101 Forward sales of public bonds without delivery of the underlying 725102 Other forward sales without delivery of the underlying 725105 Forward sales of monetary regulation instruments without delivery of the underlying 725106 Forward sales of monetary regulation instruments with delivery of the underlying 725107 Forward sales of public bonds with delivery of the underlying 725108 Other forward sales with delivery of the underlying TRUST ACTIVITY 725090 Trust activity creditor account by counter B.C.R.A. CHART OF ACCOUNTS Version: 2nd. COMMUNICATION “A” 6847 Validity:
1/1/2020

SECTION 1 - ACCOUNTING FRAMEWORK
This document is a complementary regulatory compendium to the Chart of Accounts, aimed at standardizing accounting entries. Starting from the fiscal years beginning on 01/01/18, entities must record their operations, equity variations, and prepare their financial statements in accordance with the International Financial Reporting Standards issued by the International Accounting Standards Board and adopted by Technical Resolution No. 26 of the Argentine Federation of Professional Councils of Economic Sciences, according to the details in Section 6 of this standard. Based on the provisions of the Organic Charter of this Institution (art. 14 inc. e) and the Financial Entities Law (art. 36), as new International Financial Reporting Standards are approved, or modifications or repeals of existing ones occur, and once these changes are adopted through Adoption Circulars of the FACPCE, the Central Bank issues its approval for financial entities. Generally, the anticipatory application of any IFRS is not admitted, unless otherwise specified. This accounting framework is based on the application of IFRS, with the scope defined in the previous paragraph, for consolidated (or individual) and separate financial statements, with the exception of the specific treatment for exposures to the Non-Financial Public Sector and taking into account the clarifications and additional requirements made by the Central Bank of the Argentine Republic. This special measurement criterion implies temporarily excluding from the scope of application of IFRS 9 debt instruments of the non-financial public sector. Therefore, provisions regarding the impairment of financial assets apply only to those covered by IFRS 9 that do not belong to the non-financial public sector. In the same sense, financial entities may reclassify as of 01/01/20 instruments corresponding to the non-financial public sector that are measured at fair value with changes in profit or loss and at fair value with changes in OCI to the amortized cost criterion, using as the entry value the carrying value on that date. Regarding instruments for which this option has been exercised, the accrual of interest and accessories will be interrupted to the extent that the carrying value is above its fair value. According to the provisions disseminated through Communication “A” 6778, entities in Group B may opt to amortize over 5 years from 01/01/20 the impact generated by the application of point 5.5 of IFRS 9. To this end, at the close of each quarter, they must calculate total provisions according to the IFRS - with the scope provided in this Accounting Framework - and compare them with the accounting ones determined with the regulations in force until 12/31/19. The positive amount of this difference will be progressively recorded at 5% per quarter cumulatively in the accounts “Provision for risk of uncollectibility - IFRS amortization” with the corresponding accounts 531004 and 535004, as applicable. SUPPLEMENTARY
PROVISIONS TO THE CHART OF ACCOUNTS B.C.R.A.
SECTION 1 - ACCOUNTING FRAMEWORK
Version: 2nd. COMMUNICATION “A” 6847
Validity:
1/1/2020

In this regard, it should be clarified that the amount to be charged quarterly will be the accumulated percentage corresponding to each date - applied to the total positive difference - minus the amount provided for this concept until the immediate previous quarter. If this difference turns out to be negative in any of the quarters, the accumulated balance in the period will be maintained, without partial write-offs. SUPPLEMENTARY PROVISIONS TO THE CHART OF ACCOUNTS B.C.R.A.
SECTION 1 - ACCOUNTING FRAMEWORK
Version: 1st. COMMUNICATION “A” 6847
Validity:
1/1/2020

3.1. General criteria for the allocation of financial assets
Unless paragraph 4.1.5 of IFRS 9 applies, financial assets will be classified according to how they are subsequently measured at amortized cost, at fair value with changes in other comprehensive income, or at fair value with changes in profit or loss, based on the criteria established by IFRS 9:
(a) the entity's business model for managing financial assets and (b) the characteristics of the contractual cash flows of the financial asset. Special attention must be paid to the correct interpretation and determination of business models and the characteristics of the contractual cash flows of the financial asset, verifying for this purpose what is stated in paragraphs B4.1.1 to B4.1.26 of the aforementioned IFRS, which provide guidelines on how to apply these conditions.
3.1.1. Derecognition of financial asset accounts.
For the purposes of applying the derecognition provisions of IFRS 9, the evaluation must be carried out both at the consolidated level, as provided in point 3.2.1, and at the individual level. Those financial assets that do not meet the conditions for derecognition, according to point 3.2 of IFRS 9, will continue to be recorded in the corresponding financial asset accounts. Entities must maintain the detailed records that are necessary to include in supplementary information to the Financial Statements all the information required by the IFRS, as well as to fulfill the data requested in the reporting regime regarding these assets and, if applicable, the associated liabilities.
3.1.2. Measurement of financial assets - IFRS adjustment items.
In order to maintain contractual balances and expose the measurement of financial assets included in the categories “Loans” and “Other credits by financial intermediation” and “Diverse Credits” according to their classification, the following adjustment items will be used:
Adjustments for measurement at amortized cost: comprises the difference between financial assets at amortized cost according to IFRS (before making the estimate of expected credit losses) and the sum of the effectively lent capitals pending collection plus the interest and capital adjustments accrued to be collected according to contractual conditions. SUPPLEMENTARY PROVISIONS TO THE CHART OF ACCOUNTS B.C.R.A. Version: 2nd. COMMUNICATION “A” 6847 Validity:
1/1/2020

Adjustments for measurement at fair value and at fair value with changes in OCI: comprise the difference between financial assets measured at fair value and the sum of the effectively lent capitals pending collection plus the interest and capital adjustments accrued to be collected according to contractual conditions.
3.1.3. Counterparties for the measurement of financial assets.
For financial assets, the counterparties for their measurement at the time of incorporation, derecognition, or at the close of each month must be discriminated based on the following results:
3.1.3.1. Applicable to financial assets at amortized cost and at fair value with changes in OCI.
Financial Income - Accrued interest and adjustments: results originating from the accrual of the effective interest rate of financial assets and capital adjustments will be charged, for those that are updateable by some index.
Additionally, regarding transferred financial assets not derecognized, according to IFRS 9, accrued interest and adjustments will be charged in the accounts “Interest on transferred loans not derecognized” -by loan line and by currency-, “Adjustment for transferred UVA loans not derecognized” and “Adjustment for transferred UVI loans not derecognized” up to the amount of interest and adjustments accrued by the associated liability. The rest of the interest, by the application of the effective interest rate and accrued adjustments, will continue to be charged in the accounts provided for the rest of the non-transferred financing, as applicable.
Financial Expenses – Result from initial recognition: results arising between the fair value plus transaction costs directly attributable to the acquisition or issuance of the financial asset and the transaction price will be charged (see 5.1 and B5.1.1-B5.1.2A IFRS 9). This result is provided for the measurement criteria “amortized cost” and “fair value with changes in OCI”, since, in the case of assets at fair value, if there is a difference, it must be charged in the account “Result from measurement at fair value”.
When at the end of a monthly period, the balance of this account is a creditor, it will be exposed in Financial Income – Result from initial recognition, associated with the type of asset that corresponds. In cases where the fair value arises from a valuation technique that does not use only observable market data (IFRS 9 - point B 5.1.2 A.b), the accounts of “Financial Income – Interest” corresponding to the financial asset involved will be used to charge the difference initially deferred in the accounts “IFRS Adjustment”. Version: 2nd. COMMUNICATION “A” 6847 Validity:
1/1/2020
SUPPLEMENTARY PROVISIONS TO THE CHART OF ACCOUNTS B.C.R.A.
Financial Expenses – Result from refinancing of financial assets: results originating from the renegotiation or substantial modification of the contractual cash flows of financial assets will be charged.
When at the end of a monthly period, the balance of this account is a creditor, it will be exposed in “Financial Income - Result from refinancing of financial assets”.
Financial Income – Result from sale or derecognition: results arising from the expiration of contractual rights over the cash flows of the asset or from transfers of financial assets that meet the derecognition requirements will be charged. (Section 3.2 of IFRS 9). These accounts will be used to record the results originating from the sale or derecognition of assets measured at amortized cost.
When at the end of a monthly period, the balance of this account is a debtor, it will be exposed in Financial Expenses, associated with the type of asset that corresponds.
3.1.3.2. Applicable only to financial assets at fair value with changes in OCI.
Other Comprehensive Income – Gains or losses on other instruments at fair value with changes in OCI: the difference between fair value and amortized cost will be charged.
When there is credit impairment for these instruments, the charges will be made in the account “Value correction for credit losses”.
Other Comprehensive Income – Gains or losses on equity instruments designated at fair value with changes in OCI: differences arising from the variation in the fair value of equity instruments designated at initial recognition at fair value with changes in OCI will be charged. Dividends will be charged in “Financial Income – Result from other private titles”.
Financial Income – Result from sale or derecognition of financial assets at fair value: results arising from the expiration of contractual rights over the cash flows of the asset or from transfers that meet the derecognition requirements will be charged. (Section 3.2 of IFRS 9). The result from the sale includes the reclassification of the accumulated gain or loss in OCI from equity to this account and, if applicable, the difference between the sale price and the fair value of the financial asset.
When at the end of a monthly period, the balance of this account is a debtor, it will be exposed in “Financial Expenses – Result from sale or derecognition”.
3.1.3.3. Applicable to financial assets at fair value with changes in profit or loss.
Version: 2nd. COMMUNICATION “A” 6847
Validity:
1/1/2020
SUPPLEMENTARY PROVISIONS TO THE CHART OF ACCOUNTS B.C.R.A.
Financial Income - by measurement at fair value: results from the measurement of financial assets at fair value with changes in profit or loss will be charged in the accounts enabled by type of financial asset. Likewise, results from sale or derecognition from financial assets measured at fair value with changes in profit or loss will be charged in the account “Result from sale or derecognition of financial assets at fair value”.

When at the end of a monthly period, the balance of this account is a debtor, it will be exposed in Financial Expenses.

Financial Income - Results from measurement at fair value of derivative financial instruments: these results will be charged in the relevant accounts according to the type of operation, instrument, and currency.
When at the end of a monthly period, the balance of this account is a debtor, it will be exposed in Financial Expenses.
Financial Income - By reclassification: includes results originating from the reclassification of financial assets from the fair value with changes in OCI measurement category to the fair value with changes in profit or loss category. In these cases, the gain or loss previously recognized in OCI must be reclassified from equity to period result as a reclassification adjustment using this account.
When at the end of a monthly period, the balance of this account is a debtor, it will be exposed in Financial Expenses.
Financial Income – By adoption of fair value: results originating from the reclassification of assets that were previously measured at amortized cost when they start to be measured at fair value with changes in profit or loss will be charged in the accounts enabled according to the type of asset.
When at the end of a monthly period, the balance of this account is a debtor, it will be exposed in Financial Expenses
Financial Expenses – Result from refinancing of financial assets: results originating from the renegotiation or substantial modification of the contractual cash flows of financial assets will be charged.
When at the end of a monthly period, the balance of this account is a creditor, it will be exposed in Financial Income.
3.1.4. Financial assets with credit impairment.
The account “Interest and other concepts accrued to be collected from financial assets with credit impairment” includes accrued interest and exchange differences, as applicable, calculated using the effective interest method on the net book amount of expected credit losses according to IFRS. Version: 2nd. COMMUNICATION “A” 6847 Validity:
1/1/2020
SUPPLEMENTARY PROVISIONS TO THE CHART OF ACCOUNTS B.C.R.A.
Accrued interest and adjustments linked to the associated liability of transferred financial assets not derecognized will be charged in the account “Interest on liabilities associated with the transfer of financial assets not derecognized” -by currency- and in the account “UVA/UVI Adjustments for liabilities associated with the transfer of financial assets not derecognized”, as applicable.
Financial Expenses - By derecognition or substantial modification of financial liabilities: results arising from the expiration of the contractual obligation or the substantial modification of the conditions of a financial liability will be charged. (Section 3.2 of IFRS 9).
When at the end of a monthly period, the balance of this account is a creditor, it will be exposed in “Financial Income - Result from derecognition or substantial modification of financial liabilities”.
3.2.2.2. Liabilities at fair value
Financial Expenses - By measurement at fair value: results from the measurement of financial liabilities at fair value with changes in profit or loss will be charged. When at the end of a monthly period, the balance of this account is a debtor, it will be exposed in Financial Income.
Other Comprehensive Income - Changes in the credit risk of own liabilities at fair value: the amount of the change (loss or gain) in the fair value of the financial liability attributable to changes in the credit risk of that liability will be charged.
Results from measurement at fair value of derivative financial instruments will be exposed, depending on the balance at the close of each period, in Financial Income or Financial Expenses by type of instrument and currency.
3.2.2.3. Other financial liabilities – special measurement criteria (financial guarantees and commitments to grant a loan at an interest rate lower than market rate)
These liabilities, after initial measurement, will be subsequently measured by the higher of:
the amount of the provision according to point 5.5. “impairment of financial assets” of IFRS 9; and
the amount initially recognized less, if any, the accumulated amount of income recognized according to the principles of IFRS 15.
SUPPLEMENTARY PROVISIONS TO THE CHART OF ACCOUNTS B.C.R.A.
Version: 2nd. COMMUNICATION “A” 6847
Validity:
1/1/2020

Impairment of IFRS 9 Assets. Exposures to the Non-Financial Public Sector. Adjustments to the Chart of Accounts and Supplementary Provisions

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