Manual and Chart of Accounts for Brokerage Firms

The Board of Directors, considering:
I. That in session CD-3/2010 dated February 9, 2010, this Board of Directors RCTG-4/2010 MANUAL AND CHART OF ACCOUNTS FOR
began from May 1, 2010.
II. That in session CD-8/2010 dated April 29, 2010, this Board of Directors,
-14/2010 MODIFICATION OF THE EFFECTIVE DATE OF MANUALS AND CHARTS OF ACCOUNTS FOR BROKERAGE FIRMS, BOL it was agreed to modify the effective date of the manual and chart of accounts for brokerage firms, extending it until July 1, 2010.
III. That subsequent to this date, the Association of Brokerage Firms
(ACABOLSA), presented observations that motivated a review of the aforementioned Manual, which resulted in proposed modifications to the structure and coding of some accounts, publications and notes of the Financial Statements, addition and elimination of accounts, among others.
IV. That the process of discussion of said modifications has been carried out
with the different brokerage firms that make up ACABOLSA.
V. That in view of the observations made and the need to carry out the
corresponding modifications, it is necessary to extend the validity period of the manual and chart of accounts for brokerage firms, so that these have the prudent time necessary for the adaptation of both accounting and IT systems.
VI. That taking into account that the proposed modifications require changes to the
chart of accounts and the manual of application of accounts, which imply an exhaustive detail, and in order to facilitate users' better understanding of said changes for its application, it is convenient to approve a new manual and chart of accounts that replaces the one approved on February 9 2010. Therefore, based on the above considerations and on the legal powers established in letter b) of Article 16 of the Organic Law of the Superintendence of Securities, the Board of Directors AGREES:

The Manual and chart of accounts for brokerage firms is hereby approved, the
which is attached to this Resolution and forms an integral part of it.

CDSV-11/2010
RCTG-16/2010
MANUAL AND CHART OF ACCOUNTS FOR BROKERAGE FIRMS Approval: 06/16/2010 Effective Date: 10/01/2010 Alameda Juan Pablo II, between 15 and 17 Av. Norte, San Salvador, El Salvador. Tel. (503) 2281-8000 www.bcr.gob.sv
2. The Manual and chart of accounts for brokerage firms, approved in this
resolution, will enter into force starting October 1, 2010, so that the houses of brokerage firms have the prudent time necessary for the adaptation of their systems.
3. -4/2010 MANUAL AND CHART OF ACCOUNTS FOR
BROKERAGE FIRMS
René Mauricio Guardado Rodríguez
President of the Board of Directors

CDSV-11/2010
RCTG-16/2010
MANUAL AND CHART OF ACCOUNTS FOR BROKERAGE FIRMS Approval: 06/16/2010 Effective Date: 10/01/2010 Alameda Juan Pablo II, between 15 and 17 Av. Norte, San Salvador, El Salvador. Tel. (503) 2281-8000 www.bcr.gob.sv
CHAPTER I
A. OBJECTIVE
B. APPLICATION
C. STRUCTURE, CODIFICATION AND NAMING
D. CLOSURE OF THE ECONOMIC YEAR
E. RECORDS
F. INTERNAL CONTROL APPLIED TO ACCOUNTING RECORDS G. REGISTRATION AND ARCHIVING OF ACCOUNTING DOCUMENTATION. H. SEPARATION OF INCOME AND EXPENSES.
I. APPROVAL AND MODIFICATION OF ACCOUNTING SYSTEMS.
1 DESCRIPTION OF ACCOUNTING SYSTEM
1.1 GENERAL ENTITY DATA
1.2 REGISTRATION DATA OF THE DEED OF CONSTITUTION
1.3 NAME AND REGISTRATION NUMBER OF THE EXTERNAL AUDITOR
1.4 ADOPTED ACCOUNTING POLICIES AND PROCEDURES.
1.5 DETAIL OF PROJECT NOTES TO BE USED IN THE PUBLICATION OF THE
FINANCIAL STATEMENTS
2 REQUIREMENTS FOR ACCOUNTING RECORDS
2.1 FORM OF KEEPING ACCOUNTING BOOKS
2.2 NATURE OF THE SYSTEM TO BE EMPLOYED
2.3 FORM OF ENTRY OF OPERATIONS
2.4 DETAIL OF AUXILIARY BOOKS, WHICH WILL BE KEPT AND THE FORM OF ENTERING THE
OPERATIONS IN THEM
3 DESCRIPTION OF COMPUTERIZED INFORMATION SYSTEMS 4 CHARACTERISTICS OF HARDWARE USED FOR SYSTEM OPERATION
4.1 PHYSICAL DISTRIBUTION OF TERMINALS OR WORKSTATIONS
4.2 HARDWARE DESCRIPTION
4.2.1 SERVERS
4.2.2 TERMINALS OR WORKSTATIONS
4.2.3 INFORMATION RELATED TO THE NETWORK.
4.3 CONTINGENCY PLAN.
5 SECURITY MEASURES.
6 ADDITIONAL DOCUMENTATION
J. APPROVAL OF FINANCIAL STATEMENTS FOR END OF YEAR ECONOMIC AND MANAGEMENT K. APPLICABLE ACCOUNTING PRINCIPLES AND HYPOTHESES.

GENERAL ACCOUNTING PRINCIPLES
PRUDENCE PRINCIPLE
NON-COMPENSATION PRINCIPLE
CORRELATION OF INCOME AND EXPENSES PRINCIPLE.
RELATIVE IMPORTANCE PRINCIPLE
COMPARISON OF INFORMATION PRINCIPLE
ACCOUNTING HYPOTHESES
ACCRUAL PRINCIPLE
GOING CONCERN PRINCIPLE

CDSV-11/2010
RCTG-16/2010
MANUAL AND CHART OF ACCOUNTS FOR BROKERAGE FIRMS Approval: 06/16/2010 Effective Date: 10/01/2010 Alameda Juan Pablo II, between 15 and 17 Av. Norte, San Salvador, El Salvador. Tel. (503) 2281-8000 www.bcr.gob.sv
L. INFORMATION ON RISKS
M. ACCOUNTING INFORMATION VALIDATION SYSTEM Equations of Portfolio Management Operations:
CHAPTER II
FINANCIAL STATEMENTS TO BE PRESENTED TO THE SUPERINTENDENCY OF THE FINANCIAL SYSTEM AND FOR PUBLICATION(1) A. FINANCIAL STATEMENTS TO BE PRESENTED TO THE SUPERINTENDENCY OF THE FINANCIAL SYSTEM(1) B. PUBLICATION OF FINANCIAL STATEMENTS
C. FORM AND CONTENT OF FINANCIAL STATEMENTS AND NOTES
D. OPERATIONS AND TRANSACTIONS TO REPORT ELECTRONICALLY TO THE SUPERINTENDENCY OF THE FINANCIAL SYSTEM. (5)
CHAPTER III
CHART OF ACCOUNTS
CHAPTER IV
ACCOUNT APPLICATION MANUAL
CHAPTER V (5)
OTHER PROVISIONS (5)

ACCOUNTING MANUAL - OBJECTIVE AND GENERAL PROVISIONS A. OBJECTIVE. The objective of this Manual is to provide Brokerage Firms with the technical accounting treatment, which allows the application of International Standards on Accounting and International Financial Reporting Standards, as far as the uniform registration of their transactions, preparation and presentation of their Financial Statements and revelation of their notes, thus providing a useful instrument for the analysis of information and decision-making by Shareholders, Administrators, the public user of services, the Superintendence of the Financial System and other interested parties. (1) B. APPLICATION.

This document and the provisions contained therein shall be
applied by all entities authorized to operate as Brokerage Firms.
The accounts contained in the Manual do not imply per se authorization
to carry out the operations to which they refer, entities being bound to the current legal and regulatory standards.
Brokerage Firms may not use new accounts or primary and secondary sub-accounts without prior written authorization from the Central Reserve Bank, through its Standards Committee. However, they may open additional analytical accounts to those established in the Chart of
Accounts, from the eighth and ninth digits, to the degree and detail they deem necessary for better recording and control of their operations. (1) (5)
To incorporate additional analytical accounts or accounts with more digits in the
Chart of Accounts, intended to identify banking entities, Brokerage Firms and specialized entities in deposit and custody of securities, the codes and designations established by the Central Reserve Bank, through its Standards Committee, must be used. (1) (5)
The Houses must present electronically the monthly trial balance
with the main accounts and all sub-accounts that correspond, to the last level of information, as well as pending repo operations due to mature, in accordance with what is established in letter D of Chapter II of this Accounting Manual. (1) (5)
The Investment Portfolio, both own and registered in portfolio management, must be valued daily, such that the records
accounting entries are posted timely due to variations in the value of such assets. All of the above in accordance with International Financial Reporting Standards.

DEFINITION OF COMPONENTS OF THE CHART STRUCTURE.
a.- The Chart has been structured on the basis of a decimal coding system, with an account naming that contemplates different levels of aggregation, distinguishing:
Element: Identified by the first digit
Category: Identified by the first two digits Account: Identified by the first three digits Primary Sub-account: Identified by the first four digits Secondary Sub-account: Identified by the first seven digits
ELEMENTS OF ACCOUNTING.
The elements defined within the structure are associated with the rights, obligations and equity of Brokerage Firms, and changes in such elements. The established elements are presented below:
CODE ACCOUNTING ELEMENT
1 ASSET
2 LIABILITY
3 EQUITY
4 EXPENSES
5 INCOME
6 OWN COMMITMENT AND CONTROL CONTINGENCIES (5) 7 OWN COMMITMENT AND CONTROL CONTINGENCIES (5) 8 BURSILE SERVICES OPERATIONS, PORTFOLIO MANAGEMENT AND INDIVIDUAL PORTFOLIO MANAGEMENT OPERATIONS (5) 9 OBLIGATIONS FOR BURSILE SERVICES OPERATIONS, PORTFOLIO MANAGEMENT AND INDIVIDUAL PORTFOLIO MANAGEMENT (5)
AGGREGATION CATEGORIES.
Identified by the second digit, starting from one (1), below such categories are detailed:

CDSV-11/2010
RCTG-16/2010
MANUAL AND CHART OF ACCOUNTS FOR BROKERAGE FIRMS Approval: 06/16/2010 Effective Date: 10/01/2010 Alameda Juan Pablo II, between 15 and 17 Av. Norte, San Salvador, El Salvador. Tel. (503) 2281-8000 www.bcr.gob.sv CODE DESCRIPTION 1 ASSET 11 CURRENT ASSET 12 NON-CURRENT ASSET 2 LIABILITY 21 CURRENT LIABILITY 22 NON-CURRENT LIABILITY 3 EQUITY 31 CAPITAL 32 CAPITAL RESERVES 33 REVALUATIONS 34 RESULTS 35 RESTRICTED EQUITY 36 OPTIONS BASED ON SHARE PAYMENTS 4 EXPENSES 41 OPERATING EXPENSES 42 FINANCIAL EXPENSES 43 EXTRAORDINARY EXPENSES 44 INCOME TAX 5 INCOME 51 OPERATING INCOME 52 FINANCIAL INCOME 53 EXTRAORDINARY INCOME 6 OWN COMMITMENT AND CONTROL CONTINGENCIES (5) 61 DEBITOR COMMITMENT CONTINGENT ACCOUNTS. 62 CONTROL ACCOUNTS 7 OWN COMMITMENT AND CONTROL CONTINGENCIES (5) 71 CREDITOR COMMITMENT AND CONTINGENT ACCOUNTS 72 CREDITOR CONTROL ACCOUNTS 8 BURSILE SERVICES OPERATIONS, PORTFOLIO MANAGEMENT AND INDIVIDUAL PORTFOLIO MANAGEMENT OPERATIONS (1)

CDSV-11/2010
RCTG-16/2010
MANUAL AND CHART OF ACCOUNTS FOR BROKERAGE FIRMS Approval: 06/16/2010 Effective Date: 10/01/2010 Alameda Juan Pablo II, between 15 and 17 Av. Norte, San Salvador, El Salvador. Tel. (503) 2281-8000 www.bcr.gob.sv CODE DESCRIPTION 81 DEBTOR ACCOUNTS FOR CASH AND RIGHTS FOR BURSILE SERVICES OPERATIONS 82 DEBTOR ACCOUNTS FOR PORTFOLIO MANAGEMENT SERVICES 83 DEBTOR CONTROL ACCOUNTS FOR PORTFOLIO MANAGEMENT 84 DEBTOR ACCOUNTS FOR INDIVIDUAL PORTFOLIO MANAGEMENT SERVICE. (1) 85 DEBTOR CONTROL ACCOUNTS FOR INDIVIDUAL PORTFOLIO MANAGEMENT. (1) 9 OBLIGATIONS FOR BURSILE SERVICES OPERATIONS, PORTFOLIO MANAGEMENT AND INDIVIDUAL PORTFOLIO MANAGEMENT (1) 91 OBLIGATIONS FOR FUNDS RECEIVED FROM CLIENTS FOR BURSILE OPERATIONS 92 CREDITOR ACCOUNTS FOR OBLIGATIONS FOR PORTFOLIO MANAGEMENT SERVICES 93 CREDITOR CONTROL ACCOUNTS FOR PORTFOLIO MANAGEMENT. 94 CREDITORS ACCOUNTS FOR OBLIGATIONS FOR INDIVIDUAL PORTFOLIO MANAGEMENT SERVICE. (1) 95 CREDITOR CONTROL ACCOUNTS FOR INDIVIDUAL PORTFOLIO MANAGEMENT. (1)

LEDGER ACCOUNTS.
They group events of homogeneous nature, identified by the third digit starting with zero (0), allowing a maximum of nine accounts to be grouped for each category of accounting elements, example of account coding is presented below:
CODE ACCOUNT
110 CASH AND CASH EQUIVALENTS
111 BANKS AND OTHER FINANCIAL INSTITUTIONS 112 RESTRICTED AVAILABLE
PRIMARY SUB-ACCOUNTS.
Identified by the fourth digit, they represent aggregations of economic events that provide valuable financial information, coded from digit zero (0), allowing generating up to ten main sub-accounts of the ledger account, example of the coding is presented below:
TYPE
111 ACCOUNT BANKS AND OTHER FINANCIAL INSTITUTIONS 1110 SUB-ACCOUNT LOCAL BANKS AND FINANCIAL INSTITUTIONS 1111 SUB-ACCOUNT FOREIGN BANKS AND FINANCIAL INSTITUTIONS
SECONDARY SUB-ACCOUNTS.
Secondary Sub-accounts: Identified by the seventh digit, they represent aggregations of economic events that provide valuable financial information, allowing generation up to 199 secondary sub-accounts, grouped within primary sub-accounts and the ledger account, example of the coding is presented below:
CODE. TYPE DESCRIPTION
1110 PRIMARY SUB-ACCOUNT LOCAL BANKS AND OTHER FINANCIAL INSTITUTIONS 1110000 SECONDARY SUB-ACCOUNT CHECKING ACCOUNT DEPOSITS 1120 PRIMARY SUB-ACCOUNT. GUARANTEE DEPOSITS 1120000 SECONDARY SUB-ACCOUNT GUARANTEE DEPOSITS IN USD.
OPENING OF ANALYTICAL ACCOUNTS FOR BANKS.
Bank accounts will be generated in accordance with the following list, assigning the eighth and ninth digits for identification. DIGITS FINANCIAL INSTITUTION. 00 CENTRAL RESERVE BANK 01 AGRICULTURAL BANK S.A. 02 DAVIVIENDA SALVADORIAN BANK, S.A. (5) 03 MORTGAGE BANK OF EL SALVADOR 04 CUSCATLAN BANK OF EL SALVADOR, S.A. (5) 05 CITIBANK, N. A., BRANCH EL SALVADOR 06 AGRICULTURAL DEVELOPMENT BANK 07 G & T CONTINENTAL BANK EL SALVADOR, S.A. 08 PROMERICA BANK S.A.

CDSV-11/2010
RCTG-16/2010
MANUAL AND CHART OF ACCOUNTS FOR BROKERAGE FIRMS Approval: 06/16/2010 Effective Date: 10/01/2010 Alameda Juan Pablo II, between 15 and 17 Av. Norte, San Salvador, El Salvador. Tel. (503) 2281-8000 www.bcr.gob.sv 09 CUSCATLAN SV BANK, S.A. (5) 10 CENTRAL AMERICA BANK, S.A. 11 ATLANTIDA BANK EL SALVADOR, S.A. (5) 12 ABANK BANK, S. A. (5) 13 FIRST COMMERCIAL BANK-BRANCH EL SALVADOR 14 NEW YORK BANK 15 STATE STREET 16 CLEAR STREAM 17 JP MORGAN Generating the analytical sub-account immediately after the bank that corresponds, as for example:
CODE TYPE DESCRIPTION
1110 PRIMARY SUB-ACCOUNT LOCAL BANKS AND OTHER FINANCIAL INSTITUTIONS 1110000 SECONDARY SUB-ACCOUNT CHECKING ACCOUNT DEPOSITS 111000001 AGRICULTURAL BANK ACCOUNT No. 1110010 SECONDARY SUB-ACCOUNT SAVINGS ACCOUNT DEPOSITS 111001001 AGRICULTURAL BANK ACCOUNT No. If new banks arise, they will be added by continuing the sequence of the last assigned code. This coding is applicable to all accounts, primary and secondary sub-accounts that represent deposits of Brokerage Firms in institutions financial for own account, for bursile operations, or for portfolio management. D. CLOSURE OF THE ECONOMIC YEAR. The economic and accounting period will comprise from January 1 to December 31 of each year. E. RECORDS.

ACCOUNTING BOOKS

CDSV-11/2010
RCTG-16/2010
MANUAL AND CHART OF ACCOUNTS FOR BROKERAGE FIRMS Approval: 06/16/2010 Effective Date: 10/01/2010 Alameda Juan Pablo II, between 15 and 17 Av. Norte, San Salvador, El Salvador. Tel. (503) 2281-8000 www.bcr.gob.sv The movement and balance of accounts will be recorded in the main books, and that of sub- accounts in auxiliary books considered necessary. The main books that must be legalized are the following:
a. Financial Statements Book b. General Ledger (If they consider it convenient, they can legalize the books in one single JOURNAL - LEDGER)
c. Journal Book
Accounting records must comply with what is established in Title II, of Book Second, of the Commercial Code, insofar as it is applicable. In particular, in the Financial Statements Book, the Balance Sheet, the Statement of Results, Statement of Bursile Operations, Statement of Portfolio Management Operations, Cash Flow Statement, Statement of Changes in Equity, and the corresponding notes must be entered, in accordance with what is established in
article 442, of the Commercial Code. The figures entered in this book must
be presented in absolute values including cents, in comparative form with the figures of the previous year.
2. TAX BOOKS
The books of legal requirement, in accordance with the Law on Tax on Transfer of Tangible Property and Provision of Services, must comply with what is established in
article 141 of the Tax Code and Section Fifth of Chapter VII of the Regulation of
application of the Tax Code, said books are:
a. Purchase Registration Book b. Sales to Taxpayer Registration Book
c. Sales to Consumer Registration Book
3. ADMINISTRATIVE BOOKS
The Brokerage House must keep, legalize and complete in addition to the accounting books and tax books established above, the following books dictated by the Code of Commerce and the regulations issued by the Superintendence of the Financial System, for the case we have: (1) a. Minutes Book of General Shareholders Meeting, b. Minutes Book of Board of Directors,
c. Shareholder Registration Book,
d. Capital Increase and Decrease Book (applicable to variable capital societies), e. Order Registration Book for purchase and sale, f. Broker Agents Registration Book.

CDSV-11/2010
RCTG-16/2010
MANUAL AND CHART OF ACCOUNTS FOR BROKERAGE FIRMS Approval: 06/16/2010 Effective Date: 10/01/2010 Alameda Juan Pablo II, between 15 and 17 Av. Norte, San Salvador, El Salvador. Tel. (503) 2281-8000 www.bcr.gob.sv Minutes of General Shareholders Meeting and Board of Directors, in addition to complying with what is stipulated in article 246 of the Commercial Code, must be entered in the Legal Books Corresponding no later than 15 days after said sessions are held. Values, will be regulated by what is provided in the Regulation for Brokerage Firms. All of the above without prejudice to other legal records required by the Superintendence, in accordance with its legal powers, or required by other mandatory legal regulations.
4. REGARDING THE REGISTRATION OF OPERATIONS
Respect must be shown at the time of accounting for the nature of each of the operations performed by the entity, according to the following rules:
a. If the operations are strictly those of the entity, only those accounting accounts defined in the Balance Sheet and Statement of Results will be used, i.e. Patrimonial Accounting Accounts. b. If the operations respond to bursile operations, only those accounting accounts defined in the Statement of Bursile Operations and the Portfolio Administration Statement will be used, i.e. Operative Accounting Accounts.
c. At no time can Patrimonial Nature Accounts and Operative Accounts be combined in the same accounting entry.
F. INTERNAL CONTROL APPLIED TO ACCOUNTING RECORDS.
Accounting records must contain the necessary detail on the characteristics of assets, liabilities, equity, commitments, bursile operations and portfolio management, income and expenses so that it can be derived from them clearly all the information contained in the different statements to be rendered, which will maintain the necessary correlation both among themselves, when appropriate, as with that accounting base. The entity must maintain at all times an auxiliary detail of each one of the sub-accounts, with the purpose of having adequate integration of the records. Likewise, inventories or details of the different items will be kept, independently of the books of mandatory character required by Salvadoran legislation. For these purposes, entities will establish internal control systems directed to reasonably ensure the reliability of accounting records, as well as the correct integration of operations. Therefore, regardless of the accounts specified to form the financial statements, the details deemed necessary for the elaboration of the rest of complementary informative states will be established, also developing a

CDSV-11/2010
RCTG-16/2010
MANUAL AND CHART OF ACCOUNTS FOR BROKERAGE HOUSES Approval: 06/16/2010 Validity: 10/01/2010 Alameda Juan Pablo II, between 15 and 17 Av. Norte, San Salvador, El Salvador. Tel. (503) 2281-8000 www.bcr.gob.sv analytical accounting that provides sufficient information for the calculation of costs and returns of different centers, products, business lines or other aspects of interest for adequate management control. G. REGISTRATION AND ARCHIVING OF ACCOUNTING DOCUMENTATION. Brokerage Houses are obliged to keep all accounting, tax, administrative books and those determined by the Superintendency. The operations registered therein must be backed by the corresponding supporting documentation and comply with the standards established in the Code of Commerce. Operations will be recorded as they take place. This without prejudice to the sanctions, fines and others that Brokerage Houses may incur for such delays established in accordance with applicable legal norms by other government entities. The recording of Purchase and Sale Orders, and others related to stock market operations, must be kept up to date.

H. SEPARATION OF INCOME AND EXPENSES.
To associate income with the corresponding expenses, they have been segregated as follows:
ORDINARY INCOME AND EXPENSES
Operating Income - Operating Expenses
Financial Income - Financial Expenses
EXTRAORDINARY INCOME AND EXPENSES
Extraordinary Income - Extraordinary Expenses Expenses directly identifiable to Portfolio Management will be recorded in portfolio management expense accounts. If in some particular cases of expenses, it cannot be defined whether it is for stock market operations or for portfolio management, it will be charged to stock market operations, unless a systematic and rational method can be established for its distribution between stock market operations and portfolio management operations.
I. APPROVAL AND MODIFICATION OF ACCOUNTING SYSTEMS.
The accounting system consists of the methods and records established to identify, gather, analyze, classify, record and report the transactions of an entity, as well as maintaining the accounting of assets, liabilities, equity, stock market operations and portfolio management operations, control accounts, and results of operations. The accounting system comprises:
− The Chart of Accounts and Application Manual.
− Accounting records, support documents and auxiliary records. − The accounting processing involved from the initiation of a transaction, until its inclusion in the financial statements, including the way to use computers for data processing. − The financial information process used to prepare the entity's financial statements, including estimates and disclosures of important tables. In consideration of the above, the process to follow to request approval and/or modification to the accounting systems will be:
a) Houses must present their application addressed to the Superintendent of the Financial System, attaching the complete accounting system requested to be authorized in original and copy, with the signature of the Legal Representative. (5) b) If the accounting system is computerized, they must attach the information required for such systems. The minimum information to be detailed within the accounting system, for purposes of approval and modification will be: (1) (5) 1 DESCRIPTION OF ACCOUNTING SYSTEM
1.1 GENERAL INFORMATION OF THE ENTITY
Name or Trade Name, Tax Identification Number (NIT) and Taxpayer Registration Number (NRC), Address and Phone, etc.
1.2 DATA FROM THE REGISTRATION OF THE CONSTITUTION DEED
1.3 NAME AND REGISTRATION NUMBER OF THE EXTERNAL AUDITOR
1.4 ADOPTED ACCOUNTING POLICIES AND PROCEDURES.
Consists of presenting the accounting policies and procedures that the Brokerage House will use, in accordance with the minimum disclosures required by this Chart of Accounts and the applicable International Financial Reporting Standards.

CDSV-11/2010
RCTG-16/2010
MANUAL AND CHART OF ACCOUNTS FOR BROKERAGE HOUSES Approval: 06/16/2010 Validity: 10/01/2010 Alameda Juan Pablo II, between 15 and 17 Av. Norte, San Salvador, El Salvador. Tel. (503) 2281-8000 www.bcr.gob.sv
1.5 DETAIL OF DRAFT NOTES TO BE USED IN THE PUBLICATION OF FINANCIAL STATEMENTS
Consists of describing the notes to the financial statements to be prepared, in accordance with the minimum disclosures required by the Manual and Chart of Accounts for Brokerage Houses and the applicable International Financial Reporting Standards. 2 REQUIREMENTS FOR ACCOUNTING RECORDS
2.1 METHOD OF KEEPING ACCOUNTING BOOKS
Indicate whether accounting will be kept in bound and folioed books, on separate sheets, or other physical or electronic means.
2.2 NATURE OF THE SYSTEM TO BE USED
Description of the name and operation of the computer system.
2.3 METHOD OF RECORDING OPERATIONS
Explain how operations will be recorded in the legalized accounting records.
2.4 DETAIL OF AUXILIARY BOOKS TO BE KEPT AND THE METHOD OF RECORDING OPERATIONS IN THEM
3 DESCRIPTION OF COMPUTERIZED INFORMATION SYSTEMS1
3.1 DESIGN OF THE COMPUTERIZED ACCOUNTING SYSTEM
The content of this section comprises a description of the way to register, operate and generate accounting records, within the computer system.
3.1.1 MODULE DESCRIPTION 2
− MODULE NAME
− IMPLEMENTATION LANGUAGE
− MODULE OBJECTIVE
Describe generally what is the main function of the specific accounting module. − MAIN SUB-MODULES (With explanation of them.) − REPORTS ISSUED BY THE MODULE, ON PAPER, SCREEN OR MAGNETIC FILES 1The description must incorporate, in addition to the accounting system, any other computer system that the Brokerage House uses for its operations, such as the purchase and sale order registration system; the systems it will use to control Portfolio Management Operations. 2 The description applies to the main program, as well as each of the sub-modules.

CDSV-11/2010
RCTG-16/2010
MANUAL AND CHART OF ACCOUNTS FOR BROKERAGE HOUSES Approval: 06/16/2010 Validity: 10/01/2010 Alameda Juan Pablo II, between 15 and 17 Av. Norte, San Salvador, El Salvador. Tel. (503) 2281-8000 www.bcr.gob.sv − Exposing:
− Report name,
− Frequency of issuance,
− Objective of the report.
3.1.2 DATABASE DESCRIPTION
− DATABASE NAME
− OBJECTIVE
− DATABASE MANAGER (WITH VERSION DETAIL) − DATA CAPTURE METHOD In this particular area, it must be specified whether the content of the database is generated by the system through automatic calculation or corresponds to information captured through the user. − DETAILED FIELD DESCRIPTION. Field Name Field Type Meaning and use of the field − DATA DICTIONARY
3.1.3 FLOWCHART OF MODULES AND PROGRAMS
The flowchart must show the data flow through the system and the interrelation between the steps of the process and the computer routines.
3.1.4 ENTITY RELATIONSHIP DIAGRAMS
4 CHARACTERISTICS OF HARDWARE USED FOR SYSTEM OPERATION
4.1 PHYSICAL DISTRIBUTION OF TERMINALS OR WORKSTATIONS
4.2 HARDWARE DESCRIPTION
4.2.1 SERVERS
− NO. OF SERVERS
− PROCESSOR
− RAM MEMORY
− DISK CAPACITY
− SOFTWARE INSTALLED
− OPERATING SYSTEM
4.2.2 TERMINALS OR WORKSTATIONS

CDSV-11/2010
RCTG-16/2010
MANUAL AND CHART OF ACCOUNTS FOR BROKERAGE HOUSES Approval: 06/16/2010 Validity: 10/01/2010 Alameda Juan Pablo II, between 15 and 17 Av. Norte, San Salvador, El Salvador. Tel. (503) 2281-8000 www.bcr.gob.sv − PROCESSOR − RAM MEMORY − DISK CAPACITY − NETWORK CARD − SOFTWARE INSTALLED − OPERATING SYSTEM
4.2.3 INFORMATION RELATED TO THE NETWORK
− NETWORK OPERATING SYSTEM
− NETWORK TOPOLOGY
− NETWORK PROTOCOLS
− INTERNAL AND EXTERNAL NETWORK COMMUNICATIONS
4.3 CONTINGENCY PLAN
It will consist of an exposition of measures to be taken, in order to avoid loss of information or that in case of disasters, the system can continue operating. 5 SECURITY MEASURES It will consist of an exposition of the measures to be taken internally in order to minimize the inherent risk existing for the different assets, as well as for client assets in administration. It must also comprise access measures to information in physical or magnetic files. 6 ADDITIONAL DOCUMENTATION The following documentation must be attached in original and copy:
− Source documentation to be used for the registration of operations. (Income notes, disbursement, journal vouchers, etc.) − Formats of main books, except for the books required by the Law on Tax on the Transfer of Movable Property and the Provision of Services. − Auxiliary book formats. − System reports (On paper or screen). − Technical and operation manual of the computer system. − User manual of the computer system. A photocopy of payment receipts for Business Licenses must also be attached.

CDSV-11/2010
RCTG-16/2010
MANUAL AND CHART OF ACCOUNTS FOR BROKERAGE HOUSES Approval: 06/16/2010 Validity: 10/01/2010 Alameda Juan Pablo II, between 15 and 17 Av. Norte, San Salvador, El Salvador. Tel. (503) 2281-8000 www.bcr.gob.sv J. APPROVAL OF END-OF-FISCAL YEAR AND MANAGEMENT FINANCIAL STATEMENTS. The end-of-fiscal year and management financial statements must be included in the Annual Report to be presented at the General Shareholders' Meeting, for its approval by the same, in the manner established in Chapter II of this Manual and taking into account the following procedures:
1. The Board of Directors of the Brokerage House must annually prepare the Report, prior to consideration and approval in the General Shareholders' Meeting, within forty-five (45) days following the close of the exercise.
2. The Work Report must contain as a minimum: General identification, Registration number in the RPB, President's Letter, Main achievements, Description of the company, Shareholders, Board of Directors, Administration and staff, Activities and Businesses of the company, Risk Factors, Financial Reports (Administrative and External Auditor Reports) and will be sent to the Superintendency within 10 business days after its approval.
K. APPLICABLE ACCOUNTING PRINCIPLES AND HYPOTHESES.
In addition to the particular standards established in the description and application of items, accounts and sub-accounts, some General Accounting Principles and Hypotheses are established, whose application must be observed when registering the operations carried out by Brokerage Houses.

1. GENERAL ACCOUNTING PRINCIPLES
Accounting will be developed applying obligatorily the Accounting Principles indicated below:

PRUDENCE PRINCIPLE
It will prevail over any other principle in case of conflict. Foreseeable risks and potential losses must be accounted for as soon as they are known. Facts disclosed publicly as well as those communicated specifically to the entity are considered known from the moment of their disclosure or receipt of the communication, respectively. All amortizations and depreciations will be taken into account whether the exercise ends with a profit or a loss. NON-COMPENSATION PRINCIPLE Under no circumstances may asset and liability items of the Balance Sheet, nor expense and income items of the Statement of Results, be offset, unless specifically authorized by an International Financial Reporting Standard, which must be reported to the Superintendency.

INCOME AND EXPENSE CORRELATION PRINCIPLE.
By virtue thereof, the statement of results must reflect the income of the exercise and the total of the expenses necessary for obtaining them.

UNIFORMITY PRINCIPLE
Once a criterion has been adopted in the application of Accounting Principles within the alternatives that, if any, these allow, it must be maintained over time as long as the assumptions that motivated the choice of said criterion are not altered. If for justified cause these were to vary, an explanatory note will be attached to the affected statements allowing the origin of the new criteria and their quantitative and qualitative effect on equity, results and total assets to be appreciated. Likewise, such variation and its effects will be recorded in the notes to the financial statements included in the annual financial statements. RELATIVE IMPORTANCE PRINCIPLE Each item possessing sufficient relative importance must be presented separately in the financial statements. Items of insignificant amounts must appear grouped with others of similar nature or function, provided they do not have to be presented separately.

COMPARISON OF INFORMATION PRINCIPLE
The numerical information in the annual financial statements must be presented together with the data from the previous exercise. When the method of preparation or classification of items in the financial statements is altered, the amounts of the previous exercise must be changed unless it is impossible to do so. In case this modification is not possible, the reasons for such limitation must be informed in the notes to the financial statements.
2. ACCOUNTING HYPOTHESES

ACCRUAL PRINCIPLE
As a general criterion, the attribution of income and expenses to the Statement of Results will be made based on the actual flow they represent, regardless of the moment of their collection or payment. GOING CONCERN PRINCIPLE The management of the entity will be considered indefinite. Financial statements must be prepared based on the assumption of going concern. Consequently, the application of accounting principles will not be aimed at determining the value of equity for purposes of its global or partial alienation nor the resulting amount in case of liquidation. In case there is doubt about the continuity of the business, Management must reveal this fact in the financial statements. If the financial statements are not prepared on the basis of going concern, such circumstance must be revealed along with the alternative criteria that have been used and the reasons why the entity cannot be considered as a going concern.
L. RISK INFORMATION.
Entities will maintain information and monitoring systems of the situation of various classes of relevant risks according to the nature of their business and appropriate to their operations. In particular, they must have information to evaluate at all times their risks due to fluctuations in security quotes or instruments derived from them, interest rates and currencies, their liquidity risk, both by their treasury position and by the composition or availability of their securities portfolio, their credit risk derived from insolvency in financial investments, their counterparty risk in assumed commitments and their concentration risk of assets, liabilities and commitments by subjects, financial groups, terms and economic activity sectors. Likewise, entities must equip themselves with control systems that allow adequate monitoring of compliance with limits established on the assumption of risks, observing what is provided in the Integral Risk of Entities of the Merca -11), approved by the Central Bank through its Standards Committee. (5) The information referred to above will be available to the Board of Directors of the Superintendent of the Financial System at all times in accordance with what is provided in article 32 of the Law on Supervision and Regulation of the Financial System. (1) M. REPEALED (5)

CHAPTER II
FINANCIAL STATEMENTS TO BE PRESENTED TO THE SUPERINTENDENT OF THE FINANCIAL SYSTEM AND FOR PUBLICATION (1)

A. FINANCIAL STATEMENTS TO BE PRESENTED TO THE SUPERINTENDENT OF THE FINANCIAL SYSTEM. (1)

Houses must present their complete monthly, semi-annual or annual Financial Statements to the Superintendent of the Financial System in the formats, deadlines, periodicity and under the grouping norms dictated in this Manual. These Financial Statements are the only valid for all effects, whether for approval in the General Shareholders' Meeting, inclusion in the Annual Report and publication in the press or for any other type of dissemination in the country or abroad, with the exception of Financial Statements that must be prepared for tax purposes, while there are fiscal criteria that differ from what is established in this Manual. Semi-annual and annual Financial Statements must be accompanied by the Intermediate Report and/or External Auditor's Opinion, as the case may be. (1)
Semi-annual or annual Financial Statements, such as: Balance Sheet, Statement of Results, Statement of Stock Market Operations, Statement of Portfolio Management Operations, Statement of Changes in Equity, Statement of Cash Flows, and the notes thereto, that are sent to the Superintendent of the Financial System, must be presented obligatorily with the signatures of the Comptroller General, the person holding the highest executive position, i.e., the General Manager, the Legal Representative and External Auditor, and their corresponding seals. (1)
Such Financial Statements must be expressed in United States Dollars in absolute figures including cents.
In accordance with what is established in Roman numeral II of article 41 of the Code of Commerce, they must annually inform about the persons authorized to sign the financial statements, as well as notify the signature of such persons in the Registry of the Superintendent of the Financial System. The Comptroller General should preferably be a Bachelor in Public Accounting. Such communication is exigible when changes occur in the persons authorized to sign the Financial Statements, without prejudice to the obligation to inform the Supervision and Control Department. (1)
Signatures must be identified regarding the persons to whom they belong and their corresponding positions, considering that they imply the declaration that the information contained in the documents signed has been extracted from the legal and auxiliary books of the entity and verified regarding its accuracy and integrity.
Semi-annual and annual Financial Statements presented to the Superintendent of the Financial System must be considered and approved by the Board of Directors those corresponding to June 30 and by the General Shareholders' Meeting of the entity those corresponding to December 31, in the first meeting held after the presentation of said financial statements, leaving written record in the respective minutes about their review and analysis, and sending copies of said minutes to the Superintendency by the last day of the deadline for publication of Semi-annual Financial Statements and eight business days after the

General Shareholders' Meeting, in the case of annual financial statements. In the event of observations, these must be reported immediately to the Superintendency of the Financial System. (1) (5)

At the bottom of each semiannual and annual Financial Statement, the following shall be described:
Repealed (5)
Brokerage Houses shall submit through electronic systems their Trial Balances and other monthly reports to the Superintendency of the Financial System, within eight business days following the month corresponding to the information; furthermore, the monthly Trial Balance must include all secondary sub-accounts, currency, and auxiliary sub-accounts down to the last level of information, with movements and balances, in accordance with what is established in letter D of this Chapter. (1) (5)
When it comes to trial balances and semiannual or annual information, Brokerage Houses shall remit them electronically within sixty calendar days following the month corresponding to the definitive information, without this meaning that the provisional information of said months does not have to be presented within the deadline stipulated in the previous number. (5)
The Financial Statements and information shall be presented by Brokerage Houses to the Superintendency of the Financial System in a comparative form with the immediate preceding period and in the formats (from A to H) and frequencies indicated below: (1) (4)
The frequency of presentation of the financial statements is:
Frequency Format Designation
Semiannual A General Balance
Semiannual B Statement of Results
Semiannual C Statement of Stock Operations Semiannual D Statement of Portfolio Administration Operations Semiannual (4) E (4) Statement of Individual Portfolio Administration Operations (4) Semiannual F (4) Statement of Changes in Equity Semiannual G (4) Statement of Cash Flows Semiannual H (4) Notes to the Financial Statements Monthly I Repealed (5)

B. PUBLICATION OF FINANCIAL STATEMENTS.

Brokerage Houses, in accordance with current regulations, must publish their semiannual and annual Financial Statements along with the Auditor's Report, within a period of sixty days after the end of the period, in two widely circulated national written newspapers. The notes to the financial statements form an integral part of them and are therefore subject to mandatory publication. The Interim General Balance, the Interim Statement of Stock Operations, and the Interim Statement of Portfolio Administration must be presented in a comparative form with the annual Financial Statements of the immediate preceding period. The remaining Interim Financial Statements shall be presented with their similar counterpart from the semester of the immediate preceding period. If the Superintendency of the Financial System determines the existence of data that alter, modify, or affect the published financial statements, the notes, or that these latter have not been published in their entirety, it will require the entity to republish, in the same national circulation newspapers where they were originally published, accompanied by the explanatory note proposed by the Brokerage House and approved by the Superintendency. (1) In the event that the Brokerage House refuses to publish the corrected financial statements as well as their respective notes, required in accordance with this Manual, the Superintendency will instruct a deadline for the Brokerage House to make the publication effective; otherwise, the corresponding sanction will be imposed in accordance with what is established in the Law on Supervision and Regulation of the Financial System. (2) The published Financial Statements and their notes must be expressed in thousands of United States Dollars. Brokerage Houses must appoint a person responsible for sending information regarding the publications they carry out and will notify via the Control de Envíos system to the Superintendency, the name and position held. (5) The appointed person must send the information no later than the business day following the expiration of the granted deadline, via Control de Envíos to the Superintendency, in the following format: (5) Name of Publication | Page | Date of Publication | Newspapers

C. FORM AND CONTENT OF FINANCIAL STATEMENTS AND NOTES.
The basic content of the information to be published is presented in the models listed below:

FORMAT "A" General Balance.
FORMAT "B" Statement of Results.
FORMAT "C" Statement of Stock Operations.
FORMAT "D" Statement of Portfolio Administration Operations.
FORMAT "E" Statement of Individual Portfolio Administration Operations.(4)
FORMAT "F" Statement of Changes in Equity. (4)
FORMAT "G" Statement of Cash Flows. (4)
FORMAT "H" Notes to the Financial Statements. (4)
FORMAT "I" Repealed (4) (5)
The account code is attached for the purpose of facilitating the identification of accounts to be published. It is at the option of Brokerage Houses to publish financial statements under the account or report modality, when applicable. It must be understood that what is detailed in the Financial Statements and their notes is the minimum to be published, leaving it at the option of the Brokerage House to expand the information provided to the public. At the header of each Financial Statement, below the name of the Brokerage House, there shall be described to which financial conglomerate it belongs (if applicable), example:
subsidiary, parent company, affiliate, associate.

COMPARATIVE GENERAL BALANCE

NAME OF THE BROKERAGE HOUSE
GENERAL BALANCE
AS OF DECEMBER 31, XXXX
(EXPRESSED IN THOUSANDS OF UNITED STATES DOLLARS) ACCOUNT CODE 2XX1 2XX0 1 ASSETS 11 CURRENT ASSETS $ $ 110 CASH AND EQUIVALENTS $ $ 111 BANKS AND OTHER FINANCIAL INSTITUTIONS 112 RESTRICTED AVAILABLE FUNDS $ $ 113 FINANCIAL INVESTMENTS $ $ 114 ACCOUNTS AND DOCUMENTS RECEIVABLE $ $ 115 RELATED ACCOUNTS AND DOCUMENTS RECEIVABLE. $ $ 116 EARNINGS RECEIVABLE $ $ 117 TAXES $ $ 118 PREPAID EXPENSES $ $ 12 NON-CURRENT ASSETS $ $ 120 REAL ESTATE $ $ 121 FURNITURE 122 IMPROVEMENTS ON PROPERTY, PLANT AND EQUIPMENT 123 LONG-TERM FINANCIAL INVESTMENTS 124 LONG-TERM ACCOUNTS AND DOCUMENTS RECEIVABLE $ $ 125 LONG-TERM RELATED ACCOUNTS AND DOCUMENTS RECEIVABLE $ $ 126 INTANGIBLE ASSETS $ $ 127 CONSTRUCTION WORK IN PROGRESS $ $ 128 LONG-TERM ASSETS HELD FOR SALE $ $ TOTAL ASSETS $ $ 2 LIABILITIES 21 CURRENT LIABILITIES $ $ 210 LOANS AND OVERDRAFTS WITH LOCAL BANKS AND OTHER FINANCIAL INSTITUTIONS $ $ 211 CURRENT PORTION OF LONG-TERM LIABILITIES $ $ 212 OBLIGATIONS FROM STOCK OPERATIONS $ $ 213 ACCOUNTS PAYABLE $ $

214 RELATED ACCOUNTS PAYABLE $ $
215 TAXES PAYABLE OWN $ $
216 DIVIDENDS PAYABLE $ $
217 NEGOTIABLE FINANCIAL LIABILITIES $ $ 218 OTHER FINANCIAL LIABILITIES AT FAIR VALUE WITH EFFECT ON RESULTS. $ $ 219 HEDGING FINANCIAL DERIVATIVES $ $

22 NON-CURRENT LIABILITIES $ $
220 LONG-TERM BANK LOANS $ $
221 LONG-TERM OBLIGATIONS WITH RELATED COMPANIES $ $ 222 DEFERRED INCOME TAX $ $ 223 DEFERRED REVENUE $ $ 224 OBLIGATIONS UNDER FINANCIAL LEASES $ $ 225 ESTIMATE FOR LABOR OBLIGATIONS $ $ TOTAL LIABILITIES 3 EQUITY 31 CAPITAL $ $ 310 SOCIAL CAPITAL $ $ 311 ADDITIONAL CAPITAL $ $ 32 CAPITAL RESERVES $ $ 320 CAPITAL RESERVES $ $ 321 OTHER MANDATORY RESERVES $ $ 322 VOLUNTARY RESERVES $ $ 33 REVALUATIONS $ $ 330 REVALUATIONS OF REAL ESTATE $ $ 331 REVALUATIONS OF FURNITURE $ $ 332 REVALUATIONS OF INVESTMENTS $ $ 333 REVALUATIONS OF LONG-TERM ASSETS HELD FOR SALE $ $ 34 RESULTS $ $ 340 ACCUMULATED RESULTS OF PRIOR YEARS $ $ 341 RESULTS OF THE CURRENT YEAR $ $ 35 RESTRICTED EQUITY

$ $
350 RESTRICTED EQUITY $ $
36 SHARE-BASED PAYMENT OPTIONS $ $
360 SHARE-BASED PAYMENT OPTIONS $ $

TOTAL LIABILITIES PLUS EQUITY $ $

CONTINGENT ACCOUNTS FOR COMMITMENTS AND CONTROL OWN (5) 6 CONTINGENCIES OF COMMITMENTS AND CONTROL OWN (5) 61 DEBIT CONTINGENT COMMITMENT AND CONTROL ACCOUNTS. $ $ 610 GUARANTEES GRANTED $ $ 611 LITIGATION AND LAWSUITS $ $ 612 ISSUER SECURITIES IN EXISTENCE FOR TRADING $ $ 613 OTHER CONTINGENCIES AND COMMITMENTS $ $ 614 OWN REPurchase OPERATIONS $ $ 62 CONTROL ACCOUNTS $ $ 620 OWN SECURITIES AND GOODS IN CUSTODY $ $ 621 OWN SECURITIES AND GOODS PLEDGED AS COLLATERAL $ $ 622 UNUTILIZED OBTAINED CREDITS $ $ 623 GUARANTEES RECEIVED $ $ 624 DIVERSE CONTROL ACCOUNTS $ $ TOTAL $ $ 7 CONTINGENCIES OF COMMITMENT AND CONTROL OWN (5) 71 CREDIT CONTINGENT COMMITMENT AND CONTROL ACCOUNTS $ $ 710 LIABILITY FOR GUARANTEES GRANTED $ $ 711 LIABILITY FOR LITIGATION AND LAWSUITS $ $ 712 LIABILITY FOR PRIMARY PLACEMENT COMMITMENTS. $ $ 713 LIABILITY FOR OTHER CONTINGENCIES AND COMMITMENTS. $ $ 714 OBLIGATIONS AND RIGHTS FROM OWN REPurchase OPERATIONS. $ $ 72 CREDIT CONTROL ACCOUNTS $ $ 720 CONTRA-ACCOUNT OWN SECURITIES AND GOODS IN CUSTODY $ $ 721 CONTRA-ACCOUNT OWN SECURITIES AND GOODS PLEDGED AS COLLATERAL $ $ 722 CONTRA-ACCOUNT OF UNUTILIZED OBTAINED CREDITS $ $ 723 LIABILITY FOR GUARANTEES RECEIVED $ $ 724 CONTRA-ACCOUNT OF DIVERSE CONTROL ACCOUNTS $ $ TOTAL $ $

STATEMENT OF RESULTS

NAME OF THE BROKERAGE HOUSE
STATEMENT OF RESULTS
PERIOD FROM ___ OF _____ TO ____ OF _____ OF XXXX (EXPRESSED IN THOUSANDS OF UNITED STATES DOLLARS) 2XX1 2XX0 5 REVENUES 51 OPERATING REVENUES $ $ 510 REVENUES FROM STOCK SERVICES $ $ 511 512 REVENUES FROM PORTFOLIO ADMINISTRATION SERVICES. OTHER INCOMES (1) $ $ $ $ 513 REVENUES FROM INDIVIDUAL PORTFOLIO ADMINISTRATION SERVICE (1) $ $ 4 EXPENSES 41 OPERATING EXPENSES $ $ 410 OPERATING EXPENSES OF STOCK SERVICES $ $ 411 OPERATING EXPENSES FOR PORTFOLIO ADMINISTRATION SERVICES. $ $ 412 GENERAL ADMINISTRATIVE AND STOCK OPERATIONS PERSONNEL EXPENSES. $ $ 413 EXPENSES FOR DEPRECIATION, AMORTIZATION AND IMPAIRMENT FROM CURRENT OPERATIONS $ $ 414 EXPENSES FOR DEPRECIATION OF PROPERTY, PLANT AND EQUIPMENT ALLOCATED TO PORTFOLIO $ $ 415 416 417 IMPAIRMENT OF LONG-TERM ASSETS HELD FOR SALE OPERATING EXPENSES FOR INDIVIDUAL PORTFOLIO ADMINISTRATION SERVICE (1) DEPRECIATION EXPENSES OF PROPERTY, PLANT AND EQUIPMENT ALLOCATED TO INDIVIDUAL PORTFOLIO ADMINISTRATION (1) $ $ $ $ $ $ OPERATING RESULTS $ $ PLUS 52 FINANCIAL INCOME $ $ 520 FOREIGN CURRENCY BUY-SELL OPERATIONS $ $ 521 INCOME FROM FINANCIAL INVESTMENTS $ $ 522 INCOME FROM ACCOUNTS AND DOCUMENTS RECEIVABLE $ $ 523 RECOVERY OF FINANCIAL ASSETS $ $ 524 OTHER FINANCIAL INCOME $ $ RESULTS BEFORE INTERESTS AND TAXES $ $ 42 FINANCIAL EXPENSES $ $ 420 EXPENSES FROM FOREIGN CURRENCY CHANGE OPERATIONS $ $ 421 EXPENSES FROM OWN INVESTMENTS OPERATIONS $ $ 422 EXPENSES FOR OBLIGATIONS WITH FINANCIAL INSTITUTIONS $ $ 423 EXPENSES FOR ACCOUNTS AND DOCUMENTS PAYABLE $ $

NAME OF THE BROKERAGE HOUSE
STATEMENT OF RESULTS
PERIOD FROM ___ OF _____ TO ____ OF _____ OF XXXX (EXPRESSED IN THOUSANDS OF UNITED STATES DOLLARS) 2XX1 2XX0 424 EXPENSES FOR GOODS RECEIVED IN FINANCIAL LEASE $ $ 425 OTHER FINANCIAL EXPENSES $ $ 426 PROVISIONS FOR UNCOLLECTABILITY AND IMPAIRMENT OF INVESTMENTS $ $ 427 LOSSES ON SALE OF ASSETS $ $ RESULTS AFTER INTERESTS AND BEFORE TAXES $ $ 44 INCOME TAX $ $ 440 INCOME TAX $ $ RESULTS AFTER TAXES $ $ 53 EXTRAORDINARY INCOME $ $ 530 EXTRAORDINARY INCOME $ $ 43 EXTRAORDINARY EXPENSES $ $ 430 EXTRAORDINARY EXPENSES $ $ RESULTS OF THE PERIOD $ $ RETAINED EARNINGS (LOSS) AT THE BEGINNING OF THE YEAR $ $ LESS DECLARED DIVIDENDS $ $ TOTAL RETAINED EARNINGS AT THE END OF THE YEAR $ $ DETERMINATION OF EARNINGS PER SHARE EARNINGS OF THE PERIOD AND BEFORE TAXES $ $ EARNINGS OF THE PERIOD AND BEFORE EXTRAORDINARY ITEMS $ $ EARNINGS AFTER EXTRAORDINARY ITEMS $ $ No. OF COMMON SHARES IN CIRCULATION NOMINAL VALUE PER SHARE $ $

FORMAT "C"
STATEMENT OF STOCK OPERATIONS

NAME OF THE BROKERAGE HOUSE
STATEMENT OF STOCK OPERATIONS
AS OF DECEMBER 31, XXXX
(EXPRESSED IN THOUSANDS OF UNITED STATES DOLLARS) 2XX1 2XX0 81 DEBIT ACCOUNTS FOR CASH AND RIGHTS FROM STOCK OPERATIONS SERVICES 810 CASH $ $ 811 BANKS $ $ 812 ACCOUNTS RECEIVABLE $ $ 813 SECURITIES TO BE RECEIVED $ $ 814 SECURITIES RECEIVED $ $ 815 SECURITIES DELAYED FOR TRADING $ $ 816 SECURITIES RECEIVED FOR CUSTODY AND COLLECTION. $ $ 817 DEBIT OPERATIONS WITH BANKS. $ $ TOTAL DEBIT ACCOUNTS FOR STOCK SERVICES

91 OBLIGATIONS FOR FUNDS RECEIVED FROM CLIENTS FOR STOCK OPERATIONS 910 OBLIGATIONS FOR FUNDS RECEIVED FROM CLIENTS $ $ 911 ACCOUNTS PAYABLE $ $ 912 SECURITIES PENDING TRADING $ $ 913 SECURITIES TO BE DELIVERED $ $ 914 CONTROL OF SECURITIES RECEIVED FOR CUSTODY $ $ 915 CREDIT OPERATIONS WITH BANKS $ $ TOTAL CREDIT ACCOUNTS FOR STOCK SERVICES $ $

STATEMENT OF PORTFOLIO ADMINISTRATION OPERATIONS

NAME OF THE BROKERAGE HOUSE
STATEMENT OF PORTFOLIO ADMINISTRATION OPERATIONS AS OF DECEMBER 31, XXXX (EXPRESSED IN THOUSANDS OF UNITED STATES DOLLARS) 2XX1 2XX0 82 DEBIT ACCOUNTS FOR PORTFOLIO ADMINISTRATION SERVICES 820 CASH $ $ 8200 PORTFOLIO X $ $ 821 PORTFOLIO ADMINISTRATION BANK ACCOUNTS $ $ 8210 PORTFOLIO X $ $ 822 INVESTMENT PORTFOLIO $ $ 8220 PORTFOLIO X $ $ 823 EARNINGS RECEIVABLE $ $ 8230 PORTFOLIO X $ $ 824 EXPENSES CHARGED TO CLIENTS $ $ 8240 PORTFOLIO X $ $ 825 TAXES CHARGED TO CLIENTS $ $ 8250 PORTFOLIO X $ $ TOTAL DEBIT ACCOUNTS 92 CREDIT ACCOUNTS FOR OBLIGATIONS FOR SERVICES IN PORTFOLIO ADMINISTRATION 920 INVESTMENTS TO BE MADE BY PORTFOLIO ADMN. $ $ 9200 PORTFOLIO X $ $ 921 OBLIGATIONS FOR PORTFOLIO ADMN. $ $ 9210 PORTFOLIO X $ $ 922 OBLIGATIONS WITH THIRD PARTIES. $ $ 9220 PORTFOLIO X $ $ 923 EARNINGS IN FAVOR OF CLIENTS $ $ 9230 PORTFOLIO X $ $ TOTAL CREDIT ACCOUNTS 83 DEBIT CONTROL ACCOUNTS OF PORTFOLIO ADMINISTRATION $ $ 830 RIGHTS TO BE COLLECTED IN MONEY FROM REPurchase OPERATIONS OF PORTFOLIO PURCHASE $ $ 8300 PORTFOLIO X 831 REPURCHASE RIGHTS FROM SALES REPurchase OPERATIONS $ $ 8310 PORTFOLIO X TOTAL DEBIT PORTFOLIO ACCOUNTS 93 CREDIT CONTROL ACCOUNTS FOR PORTFOLIO ADMINISTRATION. 930 OBLIGATIONS FROM TITLE SALES REPurchase OPERATIONS $ $ 9300 PORTFOLIO X $ $

NAME OF THE BROKERAGE HOUSE
STATEMENT OF PORTFOLIO ADMINISTRATION OPERATIONS AS OF DECEMBER 31, XXXX (EXPRESSED IN THOUSANDS OF UNITED STATES DOLLARS) 2XX1 2XX0 931

OBLIGATION OF RESALE OF SECURITIES, FROM PURCHASE REPurchase OPERATIONS. $ $ 9310

PORTFOLIO $ $

TOTAL CREDIT STOCK PORTFOLIO ACCOUNTS

STATEMENT OF INDIVIDUAL PORTFOLIO ADMINISTRATION OPERATIONS (1)

NAME OF THE BROKERAGE HOUSE
STATEMENT OF INDIVIDUAL PORTFOLIO ADMINISTRATION OPERATIONS. AS OF DECEMBER 31, XXXX (1) (EXPRESSED IN THOUSANDS OF UNITED STATES DOLLARS)(1) 2XX1 2XX0 84 DEBIT ACCOUNTS FOR INDIVIDUAL PORTFOLIO ADMINISTRATION SERVICES (1) 840 CASH (1) $ $

841 BANK ACCOUNTS INDIVIDUAL PORTFOLIO ADMINISTRATION (1) $ $

842 INVESTMENT PORTFOLIO (1) $ $

843 EARNINGS RECEIVABLE (1) $ $

844 EXPENSES CHARGED TO CLIENTS (1) $ $

845 TAXES CHARGED TO CLIENTS (1) $ $

TOTAL DEBIT ACCOUNTS (1)
94 CREDIT ACCOUNTS FOR OBLIGATIONS FOR SERVICES IN INDIVIDUAL PORTFOLIO ADMINISTRATION (1) 940 INVESTMENTS TO BE MADE BY INDIVIDUAL PORTFOLIO ADMINISTRATION (1) $ $

941 OBLIGATIONS FOR INDIVIDUAL PORTFOLIO ADMINISTRATION (1) $ $

942 OBLIGATIONS WITH THIRD PARTIES. (1) $ $

943 EARNINGS IN FAVOR OF CLIENTS (1) $ $

TOTAL CREDIT ACCOUNTS. (1)

NAME OF THE BROKERAGE HOUSE
STATEMENT OF INDIVIDUAL PORTFOLIO ADMINISTRATION OPERATIONS. AS OF DECEMBER 31, XXXX (1) (EXPRESSED IN THOUSANDS OF UNITED STATES DOLLARS)(1) 2XX1 2XX0

DEBIT CONTROL ACCOUNTS OF INDIVIDUAL PORTFOLIO ADMINISTRATION. (1) $ $ 850 RIGHTS TO BE COLLECTED IN MONEY FROM PURCHASE REPurchase OPERATIONS INDIVIDUAL PORTFOLIO ADMINISTRATION (1) $ $

851 REPURCHASE RIGHTS FROM SALES REPurchase OPERATIONS (1) $ $

TOTAL DEBIT PORTFOLIO ACCOUNTS(1)
95 CREDIT CONTROL ACCOUNTS FOR INDIVIDUAL PORTFOLIO ADMINISTRATION. (1) 950 OBLIGATIONS FROM TITLE SALES REPurchase OPERATIONS (1) $ $

951 OBLIGATION OF RESALE OF SECURITIES, FROM PURCHASE REPurchase OPERATIONS. (1) $ $

TOTAL CREDIT STOCK PORTFOLIO ACCOUNTS (1)

STATEMENT OF CHANGES IN EQUITY

NAME OF THE BROKERAGE HOUSE
STATEMENT OF CHANGES IN EQUITY FOR THE PERIODS ...
(Expressed in thousands of United States Dollars) Share Capital Reserves Revaluations Accumulated Result Total $ $ $ $ $

Increase/decrease of social capital $ ($ ) $ Capitalization of earnings $ ($ ) ($ ) ($ ) $ Revaluation $ $ Dividends paid ($ ) ($ ) Result of the exercise. $ $ Retained earnings $ Transfer of earnings to Legal Reserve ($ ) Change in the value of investments $ Balances at ... $ $ $ $ $

Increase/decrease of social capital $ ($ ) $ $ Capitalization of earnings $ ($ ) ($ ) ($ ) $ Revaluation $ Dividends paid ($ ) Result of the exercise $ Retained earnings $ Transfer of earnings to Legal Reserve ($ ) Change in the value of Investments $ Balances at ... $ $ $ $ $

STATEMENT OF CASH FLOWS

NAME OF THE BROKERAGE HOUSE

(Expressed in thousands of United States Dollars) 2XX1 2XX0 CASH FLOW FROM OPERATING ACTIVITIES Income from own investment operations. $ $ Income from services. $ $ Income from interest and dividends. $ $ Other income related to operation. $ $ (recovery of assets previously declared as loss) LESS:
Payments for purchase of own investment. $ $ Payments for service costs. $ $ Payment of remuneration and social benefits. $ $ Payment to suppliers. $ $ Payment of taxes and contributions. $ $ Other payments related to operation. $ $ INCREASE (DECREASE) OF CASH AND CASH EQUIVALENTS ARISING FROM OPERATING ACTIVITY. CASH FLOW FROM INVESTING ACTIVITIES Income from sale of equity investments. $ $ Income from received dividends. $ $ Income from sale of real estate and equipment. $ $ Other income related to investment $ $ LESS:
Payments for purchase of equity investments $ $ Payments for purchase of real estate and equipment. $ $ Other outflows related to investment. $ $

NAME OF THE BROKERAGE HOUSE

(Expressed in thousands of United States Dollars) 2XX1 2XX0 INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS FROM INVESTMENT ACTIVITIES. CASH FLOW FROM FINANCING ACTIVITIES Shareholder contributions received. $ $ Proceeds from short- and long-term bank loans. $ $ Proceeds from repo operations. $ $ Other income related to financing activities. $ $ LESS:
Repayment of obtained loans. $ $
Payment of dividends and other distributions. $ $ Other cash payments related to financing activities. $ $ INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS FROM FINANCING ACTIVITIES. NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS.

CASH AND CASH EQUIVALENTS BALANCE AT THE BEGINNING OF THE YEAR CASH AND CASH EQUIVALENTS BALANCE AT THE END OF THE YEAR

RECONCILIATION OF NET INCOME WITH CASH AND CASH EQUIVALENTS FROM OPERATING ACTIVITIES YEAR-END RESULT PROFIT (LOSS). PLUS:
Adjustment to year-end result: $ $
Provisions for uncollectibility and depreciation of period investments. $ $ Depreciation and amortization of the period. $ $ Various provisions of the period. $ $ Losses on sale of real estate and equipment. $ $ Others. $ $ LESS:
Gain on sale of real estate and equipment. $ $ CHARGES AND CREDITS FOR NET CHANGES IN ASSETS AND LIABILITIES:
Accounts and documents receivable. $ $
Accounts and documents payable. $ $
Prepaid expenses. $ $
Other assets. $ $
Taxes and contributions payable. $ $
Suppliers. $ $
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS FROM OPERATING ACTIVITY. The nomenclature of the elements of this financial statement may vary by adapting it to the operations carried out by Brokerage Houses.

CDSV-11/2010
RCTG-16/2010
MANUAL AND CHART OF ACCOUNTS FOR BROKERAGE HOUSES Approval: 06/16/2010 Validity: 10/01/2010 Tel. (503) 2281-8000 www.bcr.gob.sv FORMAT NOTES TO THE FINANCIAL STATEMENTS. In the preparation of the financial statements of Brokerage Houses, what is established in the present Manual and Chart of Accounts and the International Financial Reporting Standards (IFRS) shall be observed, prevailing what is established in the present Manual and Chart of Accounts when there is a conflict with the International Financial Reporting Standards (IFRS). (5)

The elaboration and publication of the notes shall be the responsibility of the Administration of the Brokerage House, but it shall be the responsibility of the External Auditor to verify that such notes meet the level of disclosure required by the International Financial Reporting Standards. If the published notes do not comply with what is required by the Standards, the publication of the financial statements and the already corrected notes may be demanded. In addition to the minimum disclosures required by Standards, the following notes must be included:
NOTE 1 ACCOUNTING POLICIES USED.
Reference will be made to the accounting period, bases of preparation and presentation of the Financial Statements, monetary correction, conversion bases, Property, plant and equipment, depreciation, amortization of other current assets, deferred taxes and income taxes, indemnification, cash flow, etc.

NOTE 2 ACCOUNTING CHANGES.
Explain if changes have occurred in the application of accounting principles in relation to the previous period. NOTE 3 RIGHT TO EXPLOIT STOCK EXCHANGE SEAT. The acquisition value of this right, the date of acquisition, the amortized amount, the amortization of the current year, the remaining amount to be amortized, and the period must be described. NOTE 4 VOLUME OF OPERATIONS. This note must be drafted as follows:
This note indicates comparatively, for the same previous period, the volume of operations carried out specifying their number and amount in thousands of United States dollars. With the detail presented below:

CDSV-11/2010
RCTG-16/2010
MANUAL AND CHART OF ACCOUNTS FOR BROKERAGE HOUSES Approval: 06/16/2010 Validity: 10/01/2010 Tel. (503) 2281-8000 www.bcr.gob.sv Type of Operations | Number of Operations carried out in the previous year | Number of Operations carried out in the current year | Amount transacted previous year | Amount transacted current year Buy Sell | Buy Sell | Buy Sell | Buy Sell Primary Market Public Private Secondary Market Public Private Repo Public Private International Market Public Private Total Public Private NOTE 5 ACCOUNTS RECEIVABLE FROM STOCK EXCHANGE OPERATIONS. This note must be drafted as follows:
Brokerage houses present operations pending settlement for repos, spot operations at term, and international operations, for the following amounts:
2xx1 2xx0 a) REPO OPERATIONS
Purchase Operations $ - $ -
Sale Operations $ - $ -
Sub total $ - $ - b) SPOT OPERATIONS
Purchase Operations $ - $ -
Sale Operations $ - $ -
Sub total $ - $ - c) TERM OPERATIONS
Purchase Operations $ - $ -
Sale Operations $ - $ -
Sub total $ - $ - d) INTERNATIONAL OPERATIONS Purchase Operations $ - $ - Sale Operations $ - $ - Sub total $ - $ - GENERAL TOTAL $ - $ -

CDSV-11/2010
RCTG-16/2010
MANUAL AND CHART OF ACCOUNTS FOR BROKERAGE HOUSES Approval: 06/16/2010 Validity: 10/01/2010 Tel. (503) 2281-8000 www.bcr.gob.sv NOTE 6 OBLIGATIONS AND INVESTMENTS FROM PORTFOLIO ADMINISTRATION OPERATIONS. The minimum content of this note will be:
On xx of xx of xxxx, the composition of the investment portfolio in Portfolio Administration by issuer was as follows:
PORTFOLIO Name of portfolio.
ISSUER
INVESTED VALUE REPORTED VALUE AVAILABLE VALUE 2xx1 2xx0 2xx1 2xx0 2xx1 2xx0 TOTAL The order in which the issuers must appear in the table above, where applicable, is as follows:
Banco Agrícola
Banco de América Central
Banco Centroamericano de Integración Económica Banco Central de Reserva Banco Multisectorial de Inversiones Banco del Istmo Banco Citibank El Salvador Global Bank Corp Banco Procredit Banco Promerica Scotiabank El Salvador Banco HSBC Salvadoreño Banco Hipotecario State of El Salvador State of Guatemala State of Costa Rica Republic of Panama State of Colombia State of Brazil State of Chile State of Mexico United States of America Credi Q Investments Social Housing Fund Commercial Exportadora

CDSV-11/2010
RCTG-16/2010
MANUAL AND CHART OF ACCOUNTS FOR BROKERAGE HOUSES Approval: 06/16/2010 Validity: 10/01/2010 Tel. (503) 2281-8000 www.bcr.gob.sv Metrocentro Simco Investments The composition of the investment portfolio by investment instrument is:
PORTFOLIO
INSTRUMENT
INVESTED VALUE
2XX1 2XX0
Savings Accounts,
Checking Accounts
Fixed Term Deposits
Investment Certificates
National Bonds
Foreign Bonds
Stock Exchange Papers
Sales Repos

TOTAL
Securities are held in custody at:______ Some of the instruments listed above must group the following issuers:
Investment Certificates: Those issued by Financial Institutions, Social Housing Fund, and issuers from the real sector (example: Inversiones SIMCO, S.A. de C.V.) National Bonds: Those issued by the State of El Salvador, Ministry of Finance, and Central Reserve Bank (Includes Bonds, Cenelis, Letes, Treasury Notes) Foreign Bonds: Issued by States or Corporations (includes Bonds, Notes, Titles, Bills, Letters) issued by the Ministry of Finance. The yields paid and average financial cost (Specify what type of average), paid in the last month is:
NAME OF PORTFOLIO
GROSS YIELD OF SECURITIES
SALES REPO COST RATE
REALIZED IN THE MONTH
COMMISSION CHARGED
NET YIELD APPLIED TO CLIENTS

CDSV-11/2010
RCTG-16/2010
MANUAL AND CHART OF ACCOUNTS FOR BROKERAGE HOUSES Approval: 06/16/2010 Validity: 10/01/2010 Tel. (503) 2281-8000 www.bcr.gob.sv Likewise, the restrictions to which Houses are subject to carry out these operations must be specified. NOTE 7 RISKS DERIVED FROM FINANCIAL INSTRUMENTS. This disclosure must be made taking into account the requirements described in IFRS 7:

NOTE 8 BALANCES AND TRANSACTIONS WITH RELATED ENTITIES.
The balances of documents and accounts receivable from commissions accrued by the Administration of the Brokerage House and payments made on behalf of them must be detailed. Disclose any type of contract in force regarding obligations or rights. Separating what refers to long and short term and revealing the effects on results of significant transactions. NOTE 9 DEFERRED TAXES AND INCOME TAX. Declaration and detail of tax obligations, provisions, and composition of income tax, withholdings, perceptions, and advance payments, deferred taxes, and temporary differences, etc.

NOTE 10 OTHER CURRENT ASSETS.
Current assets that are not considered in specific notes are included in this note, for example: Investments, etc. NOTE 11 INTANGIBLES. Intangible assets, their original and amortized amounts are described.

NOTE 12 VARIOUS CREDITORS.
Accounts payable, their balances, origins, identifying them are detailed.

NOTE 13 PROVISIONS.
The balances of provisions for the period being reported must be detailed, identifying the concept to which they refer.

NOTE 14 EQUITY.
A declaration of the total subscription and payment of Share Capital is made, the share distribution is detailed identifying shareholders, their number of shares, and the percentage of participation. As well as equity movements that have occurred in the period being reported, referring to: Distribution of dividends, increases or decreases in capital, revaluations or reserves, losses, etc. Likewise, it must be disclosed if the society has controlling or relevant shareholders, the quantity and amount and percentage they represent of the social capital, and that these have been

CDSV-11/2010
RCTG-16/2010
MANUAL AND CHART OF ACCOUNTS FOR BROKERAGE HOUSES Approval: 06/16/2010 Validity: 10/01/2010 Tel. (503) 2281-8000 www.bcr.gob.sv reported timely to the regulator according to the Law. Additionally, it must reveal if during the reported period there were failures to meet the minimum equity level and how and when they were remedied. NOTE 15 CONTINGENCIES. Regarding Contingent Liabilities, include: A brief description of the nature, estimation of the financial effect, indication of uncertainties related to the amount or time of any exit, and the possibility of any reimbursement. Regarding Contingent Assets, reveal a brief description of the nature and the estimation of the financial effect.

NOTE 16 GUARANTEES OBTAINED FROM THIRD PARTIES.
The guarantees received from third parties must be detailed detailing the origin, amount, validity, etc., and any other information that describes it completely. NOTE 17 SANCTIONS. For the period being reported, sanctions received from the Superintendency of the Financial System or another Administrative Authority must be detailed separately, describing the infractions committed, and the sanctions imposed. (1) NOTE 18 SUBSEQUENT EVENTS AND OTHER IMPORTANT DISCLOSURES. All other clarifications or additional explanations that are considered necessary or required by the International Financial Reporting Standards (IFRS) for an adequate interpretation of the financial statements must be included. Examples of essential facts that must be revealed are:
a. The current Board of Directors, declaring that they do not possess causes of disqualification established in the Law, as well as, changes that occurred in the Board of Directors or Administration, in such cases, the substitutes and the substituted must be mentioned and the periods of validity. b. Changes in the share ownership of Brokerage Houses, indicating the amounts and quantity of shares.
c. Discontinued operations, indicating the date on which the event occurred.
d. Reclassification of liabilities. e. Gains or losses on sale of Property, plant and equipment, other assets in subsidiaries and branches. f. Losses originating from disasters. g. Effects of market value on book value of investments in securities.

CDSV-11/2010
RCTG-16/2010
MANUAL AND CHART OF ACCOUNTS FOR BROKERAGE HOUSES Approval: 06/16/2010 Validity: 10/01/2010 Tel. (503) 2281-8000 www.bcr.gob.sv h. The receipt of shares as payment for dividends, the date of receipt, the number of shares, as well as their nominal value must be indicated.
i. Significant changes in Administration plans.
j. Effects of contracts (leases, advertising, services, etc.).

NOTE 19 OBLIGATIONS AND INVESTMENTS FROM PORTFOLIO ADMINISTRATION OPERATIONS. (1) The minimum content of this note will be: (1) a) The total amounts of portfolios administered under this service and the net results of the reported period must be indicated. (1) b) The valuation methodology used indicating the following sources: (1)
i. Proprietary methodology according to what is established in the Technical Standards issued for such purposes, in this case the House must reveal said methodology; (1)
ii. Specialized agent in security valuation; or (1)
iii. Recognized international stock exchange or financial information system by the Superintendency of the Financial System. (1)
c) Disclosure of relevant facts that affect the individual portfolio administration service provided by the House, when this applies. (1) NOTE 20 SIGNIFICANT DIFFERENCES BETWEEN INTERNATIONAL FINANCIAL REPORTING STANDARDS AND STANDARDS ISSUED BY THE REGULATOR (5) Brokerage Houses will disclose significant differences between the International Financial Reporting Standards and the present Manual and Chart of Accounts. (5) Repealed (1) (5)

D. OPERATIONS AND TRANSACTIONS TO BE REPORTED ELECTRONICALLY TO THE SUPERINTENDENCY OF THE FINANCIAL SYSTEM. (5)

Brokerage Houses must electronically send the following information to the Superintendency: (5)
1.1. Balances of the Accounts of the Brokerage Houses Catalog, with monthly periodicity, which must be sent within eight business days following the month being reported; and (5)
1.2. Pending repo reports, with monthly periodicity, which must be sent within eight business days following the month being reported. (5)

CDSV-11/2010
RCTG-16/2010
MANUAL AND CHART OF ACCOUNTS FOR BROKERAGE HOUSES Approval: 06/16/2010 Validity: 10/01/2010 Tel. (503) 2281-8000 www.bcr.gob.sv
2. Structure and files of the information to be sent to the Superintendency. (5)
2.1. Database structure of the files. The data structure is defined with the following files: (5)
FILE NAME DESCRIPTION ssf_cccb_saldo_cuenta.xsd Balances of the accounts of the Brokerage Houses catalog. ssf_cccb_Reportos_pendientes.xsd Pending Repos to Maturity at the End of the Month.
2.2. Data file for the submission of information. The information will be submitted with the following information: (5)
FILE NAME DESCRIPTION saldo_cuenta.xml Balances of the accounts of the Brokerage Houses catalog. Reportos_pendientes.xml Pending Repos to Maturity at the End of the Month.
3. Name of the files to be sent to the Superintendency of the Financial System. (5)
3.1. File name: saldo_cuenta. This file is used to report the information corresponding to the trial balance with its balances: (5)
ELEMENT DESCRIPTION id_codigo_cuenta
Accounting Account. The code of the account will be noted, from the first to the last level according to the nomenclature of its manual and chart of accounts. nombre_cuenta Description of the accounting account. Name to which the account corresponds according to the entity's chart of accounts. Saldo_anterior The amount of the previous balance of the account. Cargo_mes The amount of charges that affected the account during the reference month. Abono_mes The amount of credits that affected the account during the reference month. Saldo_actual The amount of the final balance of the account.

CDSV-11/2010
RCTG-16/2010
MANUAL AND CHART OF ACCOUNTS FOR BROKERAGE HOUSES Approval: 06/16/2010 Validity: 10/01/2010 Tel. (503) 2281-8000 www.bcr.gob.sv ELEMENT DESCRIPTION Naturaleza_cuenta Nature of the account; Debtor or Creditor. Signo_saldo Sign that will be applied to the account balance in the process of posting balances (+, -).
3.2. File name: Reportos_pendientes. Corresponds to the file that includes repos pending to mature in the reported month. (5)
ELEMENT DESCRIPTION cuenta_casa Corresponds to the house number of the CEDEVAL account. cuenta_cliente Corresponds to the client account of CEDEVAL. tipo_cuenta Corresponds to the type of CEDEVAL account. numero_operacion No. of pending repo operation to mature. tipo_operacion Type of operation (purchase = C, or sale = V). Both purchase and sale operations must be presented, even when both correspond to different clients of the brokerage house (In such a case, a record will appear for the purchase and another for the sale). codigo_cliente Client Code (the one assigned by the brokerage house). nombre_cliente Client Name (which must be written in uppercase). In the case that the client who buys or sells corresponds to a Fund, under the administration of an entity, the name of the Fund must be detailed. Concept May valor_recompra Repo repurchase price. tipo_registro Indicates which part of the report the record belongs to, either to the details or to the totals. The codes to be used will be the following:
D: Indicates that the record type is a detail, in this case all columns must be filled. T: Must be used when totaling in absolute values to an observation, the information must be filled in the e . Several rows can be added

CDSV-11/2010
RCTG-16/2010
MANUAL AND CHART OF ACCOUNTS FOR BROKERAGE HOUSES Approval: 06/16/2010 Validity: 10/01/2010 Tel. (503) 2281-8000 www.bcr.gob.sv ELEMENT DESCRIPTION with the detail of the observation, each identified with the
4. The Superintendency will send the technical details related to the mechanisms for sending the information requested in the formats established in this section D, which will be communicated to Brokerage Houses, with a copy to the Central Bank, within a maximum period of sixty days after the entry into force of the modifications of this section D. (5)
Brokerage Houses must implement the necessary mechanisms for the submission of information within a maximum period of ninety business days, counted from the date of having received the technical details from the Superintendency referred to in the previous paragraph. (5)
5. Brokerage Houses must comply with the following aspects:
a) Sending dates: date on which the files were deposited. (5) b) Formats in the formation of the names of the sent files. (5) c) Data structures required by the Superintendency. (5) d) Quality of the information: ensuring to send error-free information. (5)
6. To fulfill the responsibility of sending information, a responsible person must be appointed by the audited entity, whose function is to serve as contact or link with the Superintendency. This person must report any problem that may arise in the information sending process. (5)
The name of the responsible person for these tasks must be notified through the performance, direct phone, email, and any other useful information to guarantee the respective contact. This person may be the same one referred to in section B, of this Chapter. (5)
7. Accounts and their balances will be validated prior to sending the data. During that process, the Brokerage House may correct and review its information. Once the sending is performed, it will be taken as definitive. (5)
In case a resending is required, the Brokerage House must

CDSV-11/2010
RCTG-16/2010
MANUAL AND CHART OF ACCOUNTS FOR BROKERAGE HOUSES Approval: 06/16/2010 Validity: 10/01/2010 Tel. (503) 2281-8000 www.bcr.gob.sv inform by means of a letter the reason and request authorization of the same to the Securities Intendancy, who will inform the corresponding areas to change the status and allow resending. (5)
8. The entity that does not comply with the submission of information within the deadline established in item 1 of this section D must send no later than the next business day a letter signed by the general manager, and in his absence, whoever is legally authorized for it, in which the cause of non-compliance, the solution to the delay, and the administrative measures that will be taken to avoid repetition of the non-compliance are clearly explained. (5)

CHAPTER III
CHART OF ACCOUNTS
CHART OF ACCOUNTS
CODE ACCOUNT NAME
1 ASSETS
11 CURRENT ASSETS
110 CASH AND CASH EQUIVALENTS
1100 PETTY CASH
1100000 BILLS AND COINS IN LOCAL CURRENCY (L.C.)
1100010 BILLS AND COINS IN FOREIGN CURRENCY (F.C.)
1101 GENERAL CASH
1101000 BILLS AND COINS IN LOCAL CURRENCY (L.C.)
1101010 BILLS AND COINS IN FOREIGN CURRENCY (F.C.)
111 BANKS AND OTHER FINANCIAL INSTITUTIONS 1110 LOCAL BANKS AND OTHER FINANCIAL INSTITUTIONS 1110000 CHECKING ACCOUNT DEPOSITS 1110010 SAVINGS ACCOUNT DEPOSITS 1110020 TIME DEPOSIT ACCOUNTS 1111 FOREIGN BANKS AND FINANCIAL INSTITUTIONS 1111000 CHECKING ACCOUNT DEPOSITS 1111010 SAVINGS ACCOUNT DEPOSITS 1111020 TIME DEPOSIT ACCOUNTS 112 RESTRICTED AVAILABILITY 1120 DEPOSITS AS COLLATERAL 1120000 DEPOSITS AS COLLATERAL IN LOCAL CURRENCY (L.C.)

CDSV-11/2010
RCTG-16/2010
MANUAL AND CHART OF ACCOUNTS FOR BROKERAGE HOUSES Approval: 06/16/2010 Validity: 10/01/2010 Alameda Juan Pablo II, between 15 and 17 Norte Ave, San Salvador, El Salvador. Tel. (503) 2281-8000 www.bcr.gob.sv 1120010 DEPOSITS AS COLLATERAL IN FOREIGN CURRENCY (F.C.) 1121 OTHER RESTRICTED AVAILABILITIES 1121000 OTHER RESTRICTED AVAILABILITIES IN LOCAL CURRENCY (L.C.) 1121010 OTHER RESTRICTED AVAILABILITIES IN FOREIGN CURRENCY (F.C.) 1122 FUNDS FOR OPENING BANK ACCOUNTS 1122000 BANK ACCOUNTS FOR STOCK MARKET OPERATIONS 1122010 BANK ACCOUNTS FOR PORTFOLIO MANAGEMENT 1122020 BANK ACCOUNTS FOR INDIVIDUAL PORTFOLIO MANAGEMENT (1) 113 FINANCIAL INVESTMENTS 1130 INVESTMENTS HELD FOR TRADING 1130000 PUBLIC BONDS 1130010 BONDS OF PRIVATE FINANCIAL ENTITIES 1130020 BONDS OF PRIVATE NON-FINANCIAL ENTITIES 1130030 FOREIGN PUBLIC BONDS 1130040 FOREIGN PRIVATE BONDS 1130050 STOCK MARKET PAPER 1130060 INVESTMENT CERTIFICATES OF FINANCIAL ENTITIES 1130070 INVESTMENT CERTIFICATES OF NON-FINANCIAL ENTITIES 1130080 OTHER INVESTMENTS IN FIXED INCOME SECURITIES OF PUBLIC ENTITIES 1130090 OTHER INVESTMENTS IN FIXED INCOME SECURITIES OF PRIVATE FINANCIAL ENTITIES 1130100 OTHER INVESTMENTS IN FIXED INCOME SECURITIES OF PRIVATE NON-FINANCIAL ENTITIES 1130110 SECURITIES AS COLLATERAL (REPURCHASE AGREEMENTS - SALE) 1130120 SHARES 1130130 INVESTMENTS IN PORTFOLIO MANAGEMENT 1130140 INVESTMENTS IN SECURITIZATION FUNDS 1130150 ETF'S AND OTHER PARTICIPATIONS 1130160 OTHER INVESTMENTS IN VARIABLE INCOME SECURITIES 1130170 INVESTMENTS IN MUTUAL FUNDS 1130180 DERIVATIVES 1130190 REPURCHASE AGREEMENTS - PURCHASE 1131 INVESTMENTS HELD TO MATURITY 1131000 PUBLIC BONDS 1131010 BONDS OF PRIVATE FINANCIAL ENTITIES 1131020 BONDS OF PRIVATE NON-FINANCIAL ENTITIES 1131030 FOREIGN PUBLIC BONDS 1131040 FOREIGN PRIVATE BONDS

CDSV-11/2010
RCTG-16/2010
MANUAL AND CHART OF ACCOUNTS FOR BROKERAGE HOUSES Approval: 06/16/2010 Validity: 10/01/2010 Alameda Juan Pablo II, between 15 and 17 Norte Ave, San Salvador, El Salvador. Tel. (503) 2281-8000 www.bcr.gob.sv 1131050 STOCK MARKET PAPER 1131060 INVESTMENT CERTIFICATES OF FINANCIAL ENTITIES 1131070 INVESTMENT CERTIFICATES OF NON-FINANCIAL ENTITIES 1131080 OTHER INVESTMENTS IN FIXED INCOME SECURITIES OF PUBLIC ENTITIES 1131090 OTHER INVESTMENTS IN FIXED INCOME SECURITIES OF PRIVATE FINANCIAL ENTITIES 1131100 OTHER INVESTMENTS IN FIXED INCOME SECURITIES OF PRIVATE NON-FINANCIAL ENTITIES 1131110 INVESTMENTS IN SECURITIZATION FUNDS 1131120 ETF'S AND OTHER PARTICIPATIONS 1131130 OTHER INVESTMENTS IN VARIABLE INCOME SECURITIES 1131140 INVESTMENTS IN MUTUAL FUNDS 1131150 DERIVATIVES 1132 INVESTMENTS AVAILABLE FOR SALE 1132000 PUBLIC BONDS 1132010 BONDS OF PRIVATE FINANCIAL ENTITIES 1132020 BONDS OF PRIVATE NON-FINANCIAL ENTITIES 1132030 FOREIGN PUBLIC BONDS 1132040 FOREIGN PRIVATE BONDS 1132050 STOCK MARKET PAPER 1132060 INVESTMENT CERTIFICATES OF FINANCIAL ENTITIES 1132070 INVESTMENT CERTIFICATES OF NON-FINANCIAL ENTITIES 1132080 OTHER INVESTMENTS IN FIXED INCOME SECURITIES OF PUBLIC ENTITIES 1132090 OTHER INVESTMENTS IN FIXED INCOME SECURITIES OF PRIVATE FINANCIAL ENTITIES 1132100 OTHER INVESTMENTS IN FIXED INCOME SECURITIES OF PRIVATE NON-FINANCIAL ENTITIES 1132110 SHARES 1132120 INVESTMENTS IN PORTFOLIO MANAGEMENT 1132130 INVESTMENTS IN SECURITIZATION FUNDS 1132140 ETF'S AND OTHER PARTICIPATIONS 1132150 OTHER INVESTMENTS IN VARIABLE INCOME SECURITIES 1132160 INVESTMENTS IN MUTUAL FUNDS 1132170 DERIVATIVES 1132180 SUBSCRIPTIONS OF SECURITIES, IN PRIMARY MARKET 1133 RESTRICTED INVESTMENTS 1133000 INVESTMENTS AS COLLATERAL 1134 (ESTIMATE FOR VALUATION OF FINANCIAL INVESTMENTS) 1134000 INVESTMENTS HELD FOR TRADING

CDSV-11/2010
RCTG-16/2010
MANUAL AND CHART OF ACCOUNTS FOR BROKERAGE HOUSES Approval: 06/16/2010 Validity: 10/01/2010 Alameda Juan Pablo II, between 15 and 17 Norte Ave, San Salvador, El Salvador. Tel. (503) 2281-8000 www.bcr.gob.sv 1134010 INVESTMENTS AVAILABLE FOR SALE 1134020 RESTRICTED INVESTMENTS 114 ACCOUNTS AND DOCUMENTS RECEIVABLE 1140 ISSUERS 1140000 LOANS 1140010 SERVICE COMMISSIONS 1140020 OTHERS 1141 BROKERAGE HOUSES 1141000 LOANS 1141010 SERVICE COMMISSIONS 1141020 OTHERS 1142 INVESTORS 1142000 LOANS 1142010 SERVICE COMMISSIONS 1142020 OTHERS 1143 PORTFOLIO MANAGEMENT 1143000 LOANS 1143010 SERVICE COMMISSIONS 1143020 TAXES 1143030 OTHERS 1144 STOCK EXCHANGE 1144000 LOANS 1144010 SERVICE COMMISSIONS 1144020 OTHERS 1145 VALUE DEPOSIT AND CUSTODY 1145000 LOANS 1145010 SERVICE COMMISSIONS 1145020 OTHERS 1146 OTHER ACCOUNTS RECEIVABLE 1146000 INTEREST PAID IN ADVANCE. 1146010 ADVANCES TO SUPPLIERS 1146020 CLAIMS FOR DAMAGES FROM ACCIDENTS 1146030 CASH SHORTAGES 1146040 OTHER ACCOUNTS RECEIVABLE 1147 ESTIMATE FOR UNCOLLECTIBLE ACCOUNTS 1147000 ISSUERS 1147010 BROKERAGE HOUSES

CDSV-11/2010
RCTG-16/2010
MANUAL AND CHART OF ACCOUNTS FOR BROKERAGE HOUSES Approval: 06/16/2010 Validity: 10/01/2010 Alameda Juan Pablo II, between 15 and 17 Norte Ave, San Salvador, El Salvador. Tel. (503) 2281-8000 www.bcr.gob.sv 1147020 INVESTORS 1147030 PORTFOLIO MANAGEMENT 1147040 STOCK EXCHANGE 1147050 VALUE DEPOSIT AND CUSTODY 1147060 OTHER ACCOUNTS RECEIVABLE 1147070 INDIVIDUAL PORTFOLIO MANAGEMENT (1) 1147080 MARKETING OF PARTICIPATION UNITS OF OPEN-END MUTUAL FUNDS LOCALLY (3) 1147090 MARKETING OF PARTICIPATION UNITS OF OPEN-END MUTUAL FUNDS ABROAD (3) 1148 INDIVIDUAL PORTFOLIO MANAGEMENT (1) 1148000 LOANS (1) 1148010 SERVICE COMMISSIONS (1) 1148020 TAXES (1) 1148030 OTHERS (1) 1149 MARKETING OF PARTICIPATION UNITS OF OPEN-END MUTUAL FUNDS (3) 1149000 COMMISSIONS FOR MARKETING OF PARTICIPATION UNITS OF OPEN-END MUTUAL FUNDS LOCALLY (3) 1149010 COMMISSIONS FOR MARKETING OF PARTICIPATION UNITS OF OPEN-END MUTUAL FUNDS ABROAD (3) 1149020 OTHERS (3) 115 RELATED ACCOUNTS AND DOCUMENTS RECEIVABLE 1150 ACCOUNTS AND DOCUMENTS RECEIVABLE FROM EMPLOYEES 1150000 SALARY ADVANCES 1150010 SHORT-TERM LOANS 1150020 OTHERS 1151 ACCOUNTS AND DOCUMENTS RECEIVABLE FROM DIRECTORS AND SHAREHOLDERS 1151000 LOANS TO DIRECTORS 1151010 LOANS TO SHAREHOLDERS 1151020 OTHERS 1152 ACCOUNTS AND DOCUMENTS RECEIVABLE FROM RELATED COMPANIES 1152000 LOANS 1152010 SERVICE COMMISSIONS 1152020 OTHERS 1153 ESTIMATE FOR UNCOLLECTIBLE ACCOUNTS 1153000 ACCOUNTS AND DOCUMENTS RECEIVABLE FROM EMPLOYEES 1153010 ACCOUNTS AND DOCUMENTS RECEIVABLE FROM DIRECTORS AND SHAREHOLDERS 1153020 ACCOUNTS AND DOCUMENTS RECEIVABLE FROM RELATED COMPANIES 116 EARNINGS RECEIVABLE 1160 LOCAL BANKS AND OTHER FINANCIAL INSTITUTIONS

CDSV-11/2010
RCTG-16/2010
MANUAL AND CHART OF ACCOUNTS FOR BROKERAGE HOUSES Approval: 06/16/2010 Validity: 10/01/2010 Alameda Juan Pablo II, between 15 and 17 Norte Ave, San Salvador, El Salvador. Tel. (503) 2281-8000 www.bcr.gob.sv 1160000 EARNINGS RECEIVABLE IN LOCAL CURRENCY (L.C.) 1160010 EARNINGS RECEIVABLE IN FOREIGN CURRENCY (F.C.) 1161 EARNINGS RECEIVABLE FROM FINANCIAL INVESTMENTS 1161000 INVESTMENT IN FIXED INCOME SECURITIES 1161010 INVESTMENTS IN VARIABLE INCOME SECURITIES 1161020 INVESTMENTS IN COLLECTIVE FUNDS 1161030 REPURCHASE AGREEMENTS 1161040 DERIVATIVES 1161050 SUBSCRIPTIONS OF SECURITIES, IN PRIMARY MARKET 117 TAXES 1170 VAT, FISCAL CREDIT 1170000 VAT, FISCAL CREDIT 1170010 VAT TAX PAYMENT ON ACCOUNT WITHHELD 1170020 VAT TAX COLLECTED 1170030 OTHER WITHHOLDINGS 1171 INCOME TAXES 1171000 PAYMENT ON ACCOUNT OF INCOME TAX 1171010 FISCAL CREDIT OF INCOME TAX 1171020 INCOME TAX WITHHELD 118 EXPENSES PAID IN ADVANCE 1180 EXPENSES PAID IN ADVANCE FOR SERVICES 1180000 RENTALS PAID IN ADVANCE 1180010 INSURANCE PAID IN ADVANCE 1180020 GUARANTEE PREMIUMS 1180030 SUBSCRIPTIONS PAID IN ADVANCE 1180040 ADVERTISING AND MARKETING 1180050 COMMUNICATIONS 1180060 AUDIT COST 1180070 MEMBERSHIP FEES 1180080 OTHER SERVICE EXPENSES PAID IN ADVANCE 1181 DEFERRED INCOME TAX 1181000 PROVISION FOR VALUATION 1181010 OTHER PROVISIONS 1182 EXPENSES PAID IN ADVANCE FOR MATERIALS 1182000 OFFICE SUPPLIES AND STATIONERY 12 NON-CURRENT ASSETS 120 REAL ESTATE

CDSV-11/2010
RCTG-16/2010
MANUAL AND CHART OF ACCOUNTS FOR BROKERAGE HOUSES Approval: 06/16/2010 Validity: 10/01/2010 Alameda Juan Pablo II, between 15 and 17 Norte Ave, San Salvador, El Salvador. Tel. (503) 2281-8000 www.bcr.gob.sv 1200 LAND 1200000 LAND 1200010 REVALUATION OF LAND 1200020 ACCUMULATED IMPAIRMENT OF LAND 1201 BUILDINGS 1201000 BUILDINGS 1201010 REVALUATION OF BUILDINGS 1201020 ACCUMULATED DEPRECIATION OF BUILDINGS 1201030 ACCUMULATED IMPAIRMENT OF BUILDINGS 1202 INSTALLATIONS 1202000 INSTALLATIONS 1202010 REVALUATION OF INSTALLATIONS 1202020 ACCUMULATED DEPRECIATION OF INSTALLATIONS 1202030 ACCUMULATED IMPAIRMENT OF INSTALLATIONS 121 FURNITURE 1210 VEHICLES. 1210000 VEHICLES. 1210010 REVALUATION OF VEHICLES 1210020 ACCUMULATED DEPRECIATION OF VEHICLES 1210030 ACCUMULATED IMPAIRMENT OF VEHICLES 1211 FURNITURE AND EQUIPMENT 1211000 OFFICE FURNITURE 1211010 COMPUTING EQUIPMENT 1211020 OTHER OFFICE EQUIPMENT 1211030 COMMUNICATION EQUIPMENT 1211040 SECURITY EQUIPMENT 1211050 OTHER EQUIPMENT 1211060 ACCUMULATED DEPRECIATION OF FURNITURE AND EQUIPMENT 1211070 ACCUMULATED IMPAIRMENT OF FURNITURE AND EQUIPMENT 1212 ASSETS UNDER FINANCIAL LEASE 1212000 REAL ESTATE UNDER FINANCIAL LEASE 1212010 OFFICE FURNITURE AND EQUIPMENT UNDER FINANCIAL LEASE 1212020 TRANSPORT EQUIPMENT UNDER FINANCIAL LEASE 1212030 OTHER ASSETS UNDER FINANCIAL LEASE 1212040 ACCUMULATED DEPRECIATION OF ASSETS UNDER FINANCIAL LEASE 1212050 ACCUMULATED IMPAIRMENT OF ASSETS UNDER FINANCIAL LEASE 1213 OTHER ASSETS FOR DIVERSE USE

CDSV-11/2010
RCTG-16/2010
MANUAL AND CHART OF ACCOUNTS FOR BROKERAGE HOUSES Approval: 06/16/2010 Validity: 10/01/2010 Alameda Juan Pablo II, between 15 and 17 Norte Ave, San Salvador, El Salvador. Tel. (503) 2281-8000 www.bcr.gob.sv 1213000 ARTWORK 1213010 LIBRARY 1213020 OTHER ASSETS 1213030 ACCUMULATED DEPRECIATION OF OTHER ASSETS FOR DIVERSE USE 1213040 ACCUMULATED IMPAIRMENT OF OTHER ASSETS FOR DIVERSE USE 1214 INVESTMENT PROPERTIES 1214000 LAND 1214010 BUILDINGS 1214020 ACCUMULATED DEPRECIATION OF INVESTMENT PROPERTIES 1214030 ACCUMULATED IMPAIRMENT OF INVESTMENT PROPERTIES 122 IMPROVEMENTS IN PROPERTY, PLANT AND EQUIPMENT 1220 IMPROVEMENTS 1220000 ON LAND 1220010 ON BUILDINGS 1220020 ON INSTALLATIONS 1220030 ON VEHICLES 1220040 IMPROVEMENTS ON OTHER ASSETS 1220050 ACCUMULATED DEPRECIATION OF IMPROVEMENTS 123 LONG-TERM FINANCIAL INVESTMENTS 1230 INVESTMENTS HELD FOR TRADING 1230000 PUBLIC BONDS 1230010 BONDS OF PRIVATE FINANCIAL ENTITIES 1230020 BONDS OF PRIVATE NON-FINANCIAL ENTITIES 1230030 FOREIGN PUBLIC BONDS 1230040 FOREIGN PRIVATE BONDS 1230050 STOCK MARKET PAPER 1230060 INVESTMENT CERTIFICATES OF FINANCIAL ENTITIES 1230070 INVESTMENT CERTIFICATES OF NON-FINANCIAL ENTITIES 1230080 OTHER INVESTMENTS IN FIXED INCOME SECURITIES OF PUBLIC ENTITIES 1230090 OTHER INVESTMENTS IN FIXED INCOME SECURITIES OF PRIVATE FINANCIAL ENTITIES 1230100 OTHER INVESTMENTS IN FIXED INCOME SECURITIES OF PRIVATE NON-FINANCIAL ENTITIES 1230110 SHARES 1230120 INVESTMENTS IN PORTFOLIO MANAGEMENT 1230130 INVESTMENTS IN SECURITIZATION FUNDS 1230140 ETF'S AND OTHER PARTICIPATIONS 1230150 OTHER INVESTMENTS IN VARIABLE INCOME SECURITIES

CDSV-11/2010
RCTG-16/2010
MANUAL AND CHART OF ACCOUNTS FOR BROKERAGE HOUSES Approval: 06/16/2010 Validity: 10/01/2010 Alameda Juan Pablo II, between 15 and 17 Norte Ave, San Salvador, El Salvador. Tel. (503) 2281-8000 www.bcr.gob.sv 1230160 INVESTMENTS IN MUTUAL FUNDS 1230170 DERIVATIVES 1231 INVESTMENTS HELD TO MATURITY 1231000 PUBLIC BONDS 1231010 BONDS OF PRIVATE FINANCIAL ENTITIES 1231020 BONDS OF PRIVATE NON-FINANCIAL ENTITIES 1231030 FOREIGN PUBLIC BONDS 1231040 FOREIGN PRIVATE BONDS 1231050 STOCK MARKET PAPER 1231060 INVESTMENT CERTIFICATES OF FINANCIAL ENTITIES 1231070 INVESTMENT CERTIFICATES OF NON-FINANCIAL ENTITIES 1231080 OTHER INVESTMENTS IN FIXED INCOME SECURITIES OF PUBLIC ENTITIES 1231090 OTHER INVESTMENTS IN FIXED INCOME SECURITIES OF PRIVATE FINANCIAL ENTITIES 1231100 OTHER INVESTMENTS IN FIXED INCOME SECURITIES OF PRIVATE NON-FINANCIAL ENTITIES 1231110 INVESTMENTS IN SECURITIZATION FUNDS 1231120 ETF'S AND OTHER PARTICIPATIONS 1231130 OTHER INVESTMENTS IN VARIABLE INCOME SECURITIES 1231140 INVESTMENTS IN MUTUAL FUNDS 1231150 DERIVATIVES 1232 INVESTMENTS AVAILABLE FOR SALE 1232000 PUBLIC BONDS 1232010 BONDS OF PRIVATE FINANCIAL ENTITIES 1232020 BONDS OF PRIVATE NON-FINANCIAL ENTITIES 1232030 FOREIGN PUBLIC BONDS 1232040 FOREIGN PRIVATE BONDS 1232050 STOCK MARKET PAPER 1232060 INVESTMENT CERTIFICATES OF FINANCIAL ENTITIES 1232070 INVESTMENT CERTIFICATES OF NON-FINANCIAL ENTITIES 1232080 OTHER INVESTMENTS IN FIXED INCOME SECURITIES OF PUBLIC ENTITIES 1232090 OTHER INVESTMENTS IN FIXED INCOME SECURITIES OF PRIVATE FINANCIAL ENTITIES 1232100 OTHER INVESTMENTS IN FIXED INCOME SECURITIES OF PRIVATE NON-FINANCIAL ENTITIES 1232110 SHARES 1232120 INVESTMENTS IN PORTFOLIO MANAGEMENT 1232130 INVESTMENTS IN SECURITIZATION FUNDS 1232140 ETF'S AND OTHER PARTICIPATIONS

CDSV-11/2010
RCTG-16/2010
MANUAL AND CHART OF ACCOUNTS FOR BROKERAGE HOUSES Approval: 06/16/2010 Validity: 10/01/2010 Alameda Juan Pablo II, between 15 and 17 Norte Ave, San Salvador, El Salvador. Tel. (503) 2281-8000 www.bcr.gob.sv 1246050 OTHER LONG-TERM ACCOUNTS RECEIVABLE 125 LONG-TERM RELATED ACCOUNTS AND DOCUMENTS RECEIVABLE 1250 ACCOUNTS AND DOCUMENTS RECEIVABLE FROM EMPLOYEES 1250000 LOANS 1250010 OTHERS 1251 ACCOUNTS AND DOCUMENTS RECEIVABLE FROM SHAREHOLDERS AND DIRECTORS 1251000 LOANS TO DIRECTORS 1251010 LOANS TO SHAREHOLDERS 1251020 OTHERS 1252 ACCOUNTS AND DOCUMENTS RECEIVABLE FROM RELATED COMPANIES 1252000 LOANS 1252010 OTHERS 1253 ESTIMATE FOR UNCOLLECTIBLE ACCOUNTS 1253000 ACCOUNTS AND DOCUMENTS RECEIVABLE FROM EMPLOYEES 1253010 ACCOUNTS AND DOCUMENTS RECEIVABLE FROM SHAREHOLDERS 1253020 ACCOUNTS AND DOCUMENTS RECEIVABLE FROM RELATED COMPANIES 126 INTANGIBLE ASSETS 1260 RIGHTS TO OPERATE STOCK EXCHANGE BOOTH 1260000 RIGHTS TO OPERATE STOCK EXCHANGE BOOTH 1260010 ACCUMULATED AMORTIZATION OF BOOTH OPERATION RIGHTS 1260020 ACCUMULATED IMPAIRMENT OF BOOTH OPERATION RIGHTS 1261 LICENSES AND CONCESSIONS 1261000 LICENSES AND CONCESSIONS 1261010 ACCUMULATED AMORTIZATION OF LICENSES AND CONCESSIONS 1261020 ACCUMULATED IMPAIRMENT OF LICENSES AND CONCESSIONS 1262 SOFTWARE PROGRAMS 1262000 SOFTWARE PROGRAMS 1262010 ACCUMULATED AMORTIZATION OF SOFTWARE PROGRAMS 1262020 ACCUMULATED IMPAIRMENT OF SOFTWARE PROGRAMS 1263 FRANCHISES 1263000 FRANCHISES 1263010 ACCUMULATED AMORTIZATION OF FRANCHISES 1263020 ACCUMULATED IMPAIRMENT OF FRANCHISES 1264 WEBSITES 1264000 WEBSITES 1264010 ACCUMULATED AMORTIZATION OF WEBSITES 1264020 ACCUMULATED IMPAIRMENT OF WEBSITES

CDSV-11/2010
RCTG-16/2010
MANUAL AND CHART OF ACCOUNTS FOR BROKERAGE HOUSES Approval: 06/16/2010 Validity: 10/01/2010 Alameda Juan Pablo II, between 15 and 17 Norte Ave, San Salvador, El Salvador. Tel. (503) 2281-8000 www.bcr.gob.sv 1265 OTHER INTANGIBLES 1265000 OTHER INTANGIBLES 1265010 ACCUMULATED AMORTIZATION OF OTHER INTANGIBLES 1265020 ACCUMULATED IMPAIRMENT OF OTHER INTANGIBLES 127 CONSTRUCTION WORKS IN PROGRESS 1270 CONSTRUCTION WORKS IN PROGRESS 1270000 CONSTRUCTION WORKS IN PROGRESS 128 LONG-TERM ASSETS HELD FOR SALE 1280 LONG-TERM ASSETS HELD FOR SALE 1280000 INVESTMENTS IN SUBSIDIARIES 1280010 INVESTMENTS IN ASSOCIATES 1280020 INVESTMENTS IN JOINT VENTURES 1280030 ASSETS IN DISCONTINUATION 1280040 PROPERTY, PLANT AND EQUIPMENT 1280050 INTANGIBLE ASSETS 1280060 ASSETS RECEIVED UNDER FINANCIAL LEASE 1280070 GOODS RECEIVED IN PAYMENT OR AWARDED 2 LIABILITIES 21 CURRENT LIABILITIES 210 LOANS AND OVERDRAFTS WITH LOCAL BANKS AND OTHER FINANCIAL INSTITUTIONS 2100 OVERDRAFTS WITH LOCAL BANKS AND OTHER FINANCIAL INSTITUTIONS 2100000 OVERDRAFTS FROM BANKS AND OTHER FINANCIAL INSTITUTIONS, L.C. 2100010 OVERDRAFTS FROM BANKS AND OTHER FINANCIAL INSTITUTIONS, F.C. 2101 LOANS FROM LOCAL BANKS AND OTHER FINANCIAL INSTITUTIONS 2101000 LOANS FROM LOCAL BANKS AND OTHER FINANCIAL INSTITUTIONS, L.C. 2101010 LOANS FROM LOCAL BANKS AND OTHER FINANCIAL INSTITUTIONS, F.C. 211 CURRENT PORTION OF LONG-TERM LIABILITIES 2110 OBLIGATIONS WITH LOCAL BANKS AND OTHER FINANCIAL INSTITUTIONS 2110000 LOANS FROM LOCAL BANKS AND OTHER FINANCIAL INSTITUTIONS, L.C. 2110010 LOANS FROM LOCAL BANKS AND OTHER FINANCIAL INSTITUTIONS, F.C. 2111 LOANS WITH FOREIGN BANKS AND FINANCIAL INSTITUTIONS 2111000 LOANS FROM FOREIGN BANKS AND FINANCIAL INSTITUTIONS, F.C. 2112 OBLIGATIONS WITH OTHER DOMESTIC INSTITUTIONS 2112000 OBLIGATIONS WITH OTHER DOMESTIC INSTITUTIONS

CDSV-11/2010
RCTG-16/2010
MANUAL AND CHART OF ACCOUNTS FOR BROKERAGE HOUSES Approval: 06/16/2010 Validity: 10/01/2010 Alameda Juan Pablo II, between 15 and 17 Norte Ave, San Salvador, El Salvador. Tel. (503) 2281-8000 www.bcr.gob.sv 2113 OBLIGATIONS WITH FOREIGN INSTITUTIONS 2113000 OBLIGATIONS WITH FOREIGN INSTITUTIONS 212 OBLIGATIONS FROM STOCK MARKET OPERATIONS 2120 ISSUERS 2120000 LOANS 2120010 OTHERS 2121 BROKERAGE HOUSES 2121000 LOANS 2121010 SERVICE COMMISSIONS 2121020 OTHERS 2122 INVESTORS 2122000 LOANS 2122010 OTHERS 2123 STOCK EXCHANGE 2123000 LOANS 2123010 SERVICE COMMISSIONS 2123020 OTHERS 2124 OBLIGATIONS FROM PORTFOLIO MANAGEMENT SERVICES 2124000 OBLIGATIONS WITH INVESTORS 2124010 OTHER OBLIGATIONS 2125 OBLIGATIONS FROM SUBSCRIPTION OF SECURITIES IN PRIMARY MARKET 2125000 PUBLIC BONDS 2125010 BONDS OF PRIVATE FINANCIAL ENTITIES 2125020 BONDS OF PRIVATE NON-FINANCIAL ENTITIES 2125030 STOCK MARKET PAPER 2125040 INVESTMENT CERTIFICATES OF FINANCIAL ENTITIES 2125050 INVESTMENT CERTIFICATES OF NON-FINANCIAL ENTITIES 2125060 OTHER INVESTMENTS IN FIXED INCOME SECURITIES OF PUBLIC ENTITIES 2125070 OTHER INVESTMENTS IN FIXED INCOME SECURITIES OF PRIVATE FINANCIAL ENTITIES 2125080 SHARES 2125090 OTHER INVESTMENTS IN VARIABLE INCOME SECURITIES 2126 OBLIGATIONS FROM INDIVIDUAL PORTFOLIO MANAGEMENT SERVICES (1) 2126000 OBLIGATIONS WITH INVESTORS (1) 2126010 OTHER OBLIGATIONS (1) 213 ACCOUNTS PAYABLE 2130 PROVISIONS FOR PAYABLES FROM EMPLOYEES 2130000 REMUNERATIONS PAYABLE

CDSV-11/2010
RCTG-16/2010
MANUAL AND CHART OF ACCOUNTS FOR BROKERAGE FIRMS Approval: 06/16/2010 Effective Date: 10/01/2010 Alameda Juan Pablo II, between 15 and 17 Av. Norte, San Salvador, El Salvador. Tel. (503) 2281-8000 www.bcr.gob.sv 2130010 VACATIONS PAYABLE 2130020 OTHER EMPLOYEE OBLIGATIONS PAYABLE 2131 WITHHOLDINGS PAYABLE 2131000 ISSS-FSV. 2131010 PENSION FUNDS ADMINISTRATORS (AFP) 2131020 OTHER EMPLOYEE WITHHOLDINGS. 2132 WITHHELD TAXES 2132000 INCOME TAX WITHHELD FROM EMPLOYEES. 2132010 INCOME TAX WITHHELD FOR PROFESSIONAL SERVICES 2132020 INCOME TAX WITHHELD FROM CLIENTS. 2132030 INCOME TAX WITHHELD FROM THIRD PARTIES 2132040 MUNICIPAL TAXES WITHHELD FROM EMPLOYEES 2132050 VAT, WITHHELD FROM THIRD PARTIES. 2132060 VAT COLLECTED PAYABLE 2132070 OTHER WITHHELD TAXES 2133 ACCOUNTS PAYABLE FOR SERVICES 2133000 COMMUNICATION AND TELEPHONE SERVICES PAYABLE 2133010 ENERGY AND WATER SERVICES PAYABLE 2133020 PROFESSIONAL SERVICES PAYABLE 2133030 RENT PAYABLE 2133040 INSURANCE PAYABLE 2133050 OTHER SERVICES PAYABLE 2134 PROVISIONS PAYABLE 2134000 PROVISION FOR INTEREST PAYABLE ON BANK LOANS 2134010 ISSS EMPLOYER CONTRIBUTION 2134020 EMPLOYER CONTRIBUTION TO PENSION FUNDS ADMINISTRATORS (AFP) 2134030 PROVISION FOR REPORT COSTS 2134040 AUDIT COST. 2134050 MEMBERSHIP FEES 2134060 OTHER ACCOUNTS PAYABLE 2135 OTHER CREDITORS 2135000 OTHER CREDITORS 2135010 CASH OVERPLUS 214 RELATED ACCOUNTS PAYABLE 2140 ACCOUNTS PAYABLE TO DIRECTORS 2140000 LOANS 2140010 OTHER ACCOUNTS PAYABLE TO DIRECTORS.

CDSV-11/2010
RCTG-16/2010
MANUAL AND CHART OF ACCOUNTS FOR BROKERAGE FIRMS Approval: 06/16/2010 Effective Date: 10/01/2010 Alameda Juan Pablo II, between 15 and 17 Av. Norte, San Salvador, El Salvador. Tel. (503) 2281-8000 www.bcr.gob.sv 2141 ACCOUNTS PAYABLE TO SHAREHOLDERS 2141000 LOANS 2141010 OTHER ACCOUNTS PAYABLE TO SHAREHOLDERS 2142 ACCOUNTS PAYABLE TO RELATED COMPANIES 2142000 LOANS 2142010 OTHER ACCOUNTS PAYABLE TO RELATED COMPANIES 215 OWN TAXES PAYABLE 2150 MUNICIPAL TAXES 2150000 MUNICIPAL TAXES 2151 INCOME TAX 2151000 INCOME TAX 2152 VAT PAYABLE 2152000 VAT FISCAL DEBIT 2152010 VAT PAYABLE 2153 OTHER TAXES 2153000 OTHER TAXES 216 DIVIDENDS PAYABLE 2160 DIVIDENDS PAYABLE 2160000 DIVIDENDS PAYABLE 217 NEGOTIABLE FINANCIAL LIABILITIES 2170 NEGOTIABLE FINANCIAL LIABILITIES 2170000 NEGOTIABLE FINANCIAL LIABILITIES 218 OTHER FINANCIAL LIABILITIES AT FAIR VALUE WITH EFFECT ON RESULTS 2180 OTHER FINANCIAL LIABILITIES AT FAIR VALUE WITH EFFECT ON RESULTS (4) 2180000 OTHER FINANCIAL LIABILITIES AT FAIR VALUE WITH EFFECT ON RESULTS 219 HEDGING FINANCIAL DERIVATIVE INSTRUMENTS 2190 HEDGING FINANCIAL DERIVATIVE INSTRUMENTS 2190000 FAIR VALUE HEDGE 2190010 CASH FLOW HEDGE 2190020 NET INVESTMENT HEDGE IN FOREIGN CURRENCY 22 NON-CURRENT LIABILITY 220 LONG-TERM BANK LOANS 2200 OBLIGATIONS WITH LOCAL BANKS AND OTHER FINANCIAL INSTITUTIONS LOCALES 2200000 AMOUNTS OWED BY LOANS 2200010 OTHER LONG-TERM OBLIGATIONS 2201 OBLIGATIONS WITH FOREIGN BANKS AND FINANCIAL ENTITIES

CDSV-11/2010
RCTG-16/2010
MANUAL AND CHART OF ACCOUNTS FOR BROKERAGE FIRMS Approval: 06/16/2010 Effective Date: 10/01/2010 Alameda Juan Pablo II, between 15 and 17 Av. Norte, San Salvador, El Salvador. Tel. (503) 2281-8000 www.bcr.gob.sv 2201000 AMOUNTS OWED BY LOANS 2201010 OTHER LONG-TERM OBLIGATIONS 221 LONG-TERM OBLIGATIONS WITH RELATED COMPANIES 2210 LONG-TERM OBLIGATIONS WITH RELATED COMPANIES 2210000 LONG-TERM LOANS 2210010 OTHER LONG-TERM OBLIGATIONS 222 DEFERRED INCOME TAX 2220 DEFERRED INCOME TAX 2220000 DEFERRED INCOME TAX 223 DEFERRED REVENUE 2230 DEFERRED REVENUE FROM SECURITIES SERVICES 2230000 DEFERRED REVENUE FROM OPERATIONAL SECURITIES SERVICES. 2230010 DEFERRED REVENUE FROM PORTFOLIO MANAGEMENT SERVICES 2230020 DEFERRED REVENUE FROM INDIVIDUAL PORTFOLIO MANAGEMENT SERVICES (1) 2231 DEFERRED REVENUE FROM OWN OPERATIONS 2231000 DEFERRED REVENUE FROM OWN OPERATIONS 2231010 OTHER DEFERRED REVENUES 224 OBLIGATIONS UNDER FINANCIAL LEASES 2240 OBLIGATIONS UNDER FINANCIAL LEASES 2240000 REAL ESTATE ACQUIRED UNDER FINANCIAL LEASE 2240010 OFFICE FURNITURE AND EQUIPMENT ACQUIRED UNDER FINANCIAL LEASE 2240020 TRANSPORT EQUIPMENT ACQUIRED UNDER FINANCIAL LEASE 2240030 OTHER ASSETS ACQUIRED UNDER FINANCIAL LEASE 225 ESTIMATE FOR LABOR OBLIGATIONS 2250 ESTIMATE FOR LABOR OBLIGATIONS 2250000 ESTIMATE FOR LABOR OBLIGATIONS 3 EQUITY 31 CAPITAL 310 SOCIAL CAPITAL 3100 MINIMUM SUBSCRIBED CAPITAL 3100000 PAID MINIMUM SUBSCRIBED CAPITAL 3100010 UNPAID MINIMUM SUBSCRIBED CAPITAL 3101 VARIABLE SUBSCRIBED CAPITAL 3101000 PAID VARIABLE SUBSCRIBED CAPITAL 3101010 UNPAID VARIABLE SUBSCRIBED CAPITAL 3102 TREASURY SHARES

CDSV-11/2010
RCTG-16/2010
MANUAL AND CHART OF ACCOUNTS FOR BROKERAGE FIRMS Approval: 06/16/2010 Effective Date: 10/01/2010 Alameda Juan Pablo II, between 15 and 17 Av. Norte, San Salvador, El Salvador. Tel. (503) 2281-8000 www.bcr.gob.sv 3102000 TREASURY SHARES 311 ADDITIONAL CAPITAL 3110 DONATIONS 3110000 DONATIONS 32 CAPITAL RESERVES 320 CAPITAL RESERVES 3200 LEGAL RESERVE 3200000 LEGAL RESERVE 3201 PREMIUM ON SHARE SALE 3201000 PREMIUM ON SHARE SALE 321 OTHER MANDATORY RESERVES 3210 STATUTORY RESERVES 3210000 STATUTORY RESERVES 3211 RESERVES FOR OTHER REGULATIONS 3211000 RESERVES FOR OTHER REGULATIONS 322 VOLUNTARY RESERVES 3220 VOLUNTARY RESERVES 3220000 VOLUNTARY RESERVES 33 REVALUATIONS 330 REVALUATIONS OF REAL ESTATE 3300 REVALUATIONS OF REAL ESTATE 3300000 REVALUATIONS OF REAL ESTATE 331 REVALUATIONS OF FURNITURE 3310 REVALUATIONS OF FURNITURE 3310000 REVALUATIONS OF FURNITURE 332 REVALUATIONS OF INVESTMENTS 3320 REVALUATIONS OF INVESTMENTS 3320000 REVALUATIONS OF INVESTMENTS 3321 AVAILABLE-FOR-SALE FINANCIAL ASSETS 3321000 AVAILABLE-FOR-SALE FINANCIAL ASSETS 3322 CASH FLOW HEDGE 3322000 CASH FLOW HEDGE 3323 NET INVESTMENT HEDGE IN FOREIGN CURRENCY 3323000 NET INVESTMENT HEDGE IN FOREIGN CURRENCY 333 REVALUATIONS OF LONG-TERM ASSETS HELD FOR SALE 3330 REVALUATIONS OF LONG-TERM ASSETS HELD FOR SALE 3330000 REVALUATIONS OF LONG-TERM ASSETS HELD FOR SALE (4)

CDSV-11/2010
RCTG-16/2010
MANUAL AND CHART OF ACCOUNTS FOR BROKERAGE FIRMS Approval: 06/16/2010 Effective Date: 10/01/2010 Alameda Juan Pablo II, between 15 and 17 Av. Norte, San Salvador, El Salvador. Tel. (503) 2281-8000 www.bcr.gob.sv 34 RESULTS 340 ACCUMULATED RESULTS FROM PREVIOUS YEARS 3400 ACCUMULATED PROFIT FROM PREVIOUS YEARS 3400000 PROFIT TO BE APPLIED 3401 ACCUMULATED LOSS FROM PREVIOUS YEARS 3401000 ACCUMULATED LOSS FROM PREVIOUS YEARS 341 CURRENT YEAR RESULTS 3410 CURRENT YEAR PROFIT 3410000 CURRENT YEAR PROFIT 3411 CURRENT YEAR LOSS 3411000 CURRENT YEAR LOSS 35 RESTRICTED EQUITY 350 RESTRICTED EQUITY 3500 RESTRICTED EQUITY 3500000 NON-DISTRIBUTABLE PROFITS 3500010 DONATIONS 3500020 INVESTMENTS KEPT FOR TRADING 3500030 ACCRUED BUT UNCOLLECTED REVENUE 3500040 OTHERS 36 OPTIONS BASED ON SHARE-BASED PAYMENTS 360 OPTIONS BASED ON SHARE-BASED PAYMENTS 3600 OPTIONS BASED ON SHARE-BASED PAYMENTS 3600000 OPTIONS BASED ON SHARE-BASED PAYMENTS 4 EXPENSES 41 OPERATING EXPENSES 410 OPERATING EXPENSES FOR SECURITIES SERVICES 4100 PLACEMENT EXPENSES 4100000 PRIMARY MARKET PLACEMENT EXPENSES 4100010 SECONDARY MARKET PLACEMENT EXPENSES 4101 OPERATING EXPENSES FOR SECURITIES SERVICES 4101000 REGISTRATION SERVICES OPERATING EXPENSES 4101010 ADVISORY SERVICES OPERATING EXPENSES 4101020 STOCK EXCHANGE COMMISSIONS FOR OPERATIONS 4102 OPERATING EXPENSES FOR COLLECTION SERVICES 4102000 COLLECTION SERVICES EXPENSES 4102010 YIELD COLLECTION SERVICES EXPENSES 4103 OTHER OPERATING EXPENSES

CDSV-11/2010
RCTG-16/2010
MANUAL AND CHART OF ACCOUNTS FOR BROKERAGE FIRMS Approval: 06/16/2010 Effective Date: 10/01/2010 Alameda Juan Pablo II, between 15 and 17 Av. Norte, San Salvador, El Salvador. Tel. (503) 2281-8000 www.bcr.gob.sv 4103000 CORRESPONDENT COMMISSIONS EXPENSES 4103010 TRANSFER COMMISSIONS EXPENSES 4103020 TRANSFER COMMISSIONS EXPENSES 4103030 OTHER SERVICES EXPENSES 4104 EXPENSES FOR FOREIGN SECURITIES OPERATIONS 4104000 FINANCIAL INFORMATION SERVICES EXPENSES 4104010 SECURITIES TRAINING 4105 DISCOUNT ON PURCHASE OF SECURITIES 4105000 DISCOUNT ON PURCHASE OF SECURITIES 411 OPERATING EXPENSES FOR PORTFOLIO MANAGEMENT SERVICES 4110 PORTFOLIO MANAGEMENT SERVICE OPERATING EXPENSES 4110000 SURVEILLANCE AND PROTECTION SERVICES 4110010 TRANSPORT SERVICES 4110020 COMMUNICATION SERVICES 4110030 SECURITIES CUSTODY SERVICES 4110040 IT SERVICES 4110050 PROFESSIONAL FEES 4110060 PRINTING SERVICES 4110070 ELECTRICITY AND WATER SERVICES 4110080 ADVERTISING SERVICES 4110090 CLEANING AND FUMIGATION SERVICES 4110100 OFFICE MAINTENANCE SERVICES 4110110 VEHICLE MAINTENANCE SERVICES 4110120 FURNITURE AND EQUIPMENT MAINTENANCE SERVICES 4110130 PER DIEMS 4110140 SUBSCRIPTIONS 4110150 FUELS AND LUBRICANTS 4110160 CERTIFICATIONS 4110170 OTHER SERVICE EXPENSES 4111 PORTFOLIO MANAGEMENT STAFF EXPENSES 4111000 SALARIES AND WAGES OF PORTFOLIO MANAGEMENT STAFF 4111010 COMMISSIONS TO PORTFOLIO MANAGEMENT AGENTS. 4111020 OVERTIME FOR PORTFOLIO MANAGEMENT STAFF 4111030 BONUS AND GRATIFICATIONS 4111040 VACATIONS 4111050 UNIFORMS 4111060 TRAINING

CDSV-11/2010
RCTG-16/2010
MANUAL AND CHART OF ACCOUNTS FOR BROKERAGE FIRMS Approval: 06/16/2010 Effective Date: 10/01/2010 Alameda Juan Pablo II, between 15 and 17 Av. Norte, San Salvador, El Salvador. Tel. (503) 2281-8000 www.bcr.gob.sv 4111070 SOCIAL BENEFITS 4111080 STAFF INSURANCE 4111090 INDEMNITIES 4111100 SOCIAL BENEFITS 4111110 LABOR OBLIGATIONS 4111120 OTHER STAFF BENEFITS 4112 PORTFOLIO MANAGEMENT DIRECTION EXPENSES 4112000 PER DIEMS 4112010 REMUNERATIONS AND SALARIES 4112020 ENTERTAINMENT AND REPRESENTATION 4112030 OTHER BOARD EXPENSES 4113 INSURANCE EXPENSES FOR PORTFOLIO MANAGEMENT 4113000 INSURANCE ON MONEY AND SECURITIES 4113010 INSURANCE FOR PROPERTY, PLANT AND EQUIPMENT ASSETS 4113020 INSURANCE FOR DISHONESTY 4113030 OTHER INSURANCES 4114 DIVERSE EXPENSES ASSOCIATED WITH PORTFOLIO MANAGEMENT 4114000 PROPERTY RENTALS 4114010 UTILITIES PROPERTY LEASING 4114020 STATIONERY AND OFFICE SUPPLIES 4114030 CLEANING MATERIALS AND SUPPLIES 4114040 FINES AND SANCTIONS 4114050 OTHER DIVERSE EXPENSES 412 GENERAL ADMINISTRATION AND SECURITIES OPERATIONS STAFF EXPENSES 4120 STAFF EXPENSES 4120000 STAFF SALARIES AND WAGES 4120010 COMMISSIONS TO BROKER AGENTS 4120020 OVERTIME 4120030 BONUS AND GRATIFICATIONS 4120040 VACATIONS 4120050 UNIFORMS 4120060 TRAINING 4120070 SOCIAL BENEFITS 4120080 STAFF INSURANCE 4120090 INDEMNITIES 4120100 SOCIAL BENEFITS 4120110 LABOR OBLIGATIONS

CDSV-11/2010
RCTG-16/2010
MANUAL AND CHART OF ACCOUNTS FOR BROKERAGE FIRMS Approval: 06/16/2010 Effective Date: 10/01/2010 Alameda Juan Pablo II, between 15 and 17 Av. Norte, San Salvador, El Salvador. Tel. (503) 2281-8000 www.bcr.gob.sv 4120120 OTHER STAFF BENEFITS 4121 BOARD EXPENSES 4121000 PER DIEMS 4121010 REMUNERATIONS AND SALARIES 4121020 ENTERTAINMENT AND REPRESENTATION 4121030 OTHER BOARD EXPENSES 4122 EXPENSES FOR SERVICES RECEIVED FROM THIRD PARTIES 4122000 SURVEILLANCE AND PROTECTION SERVICES 4122010 TRANSPORT SERVICES 4122020 COMMUNICATION SERVICES 4122030 SECURITIES CUSTODY SERVICES 4122040 IT SERVICES 4122050 PROFESSIONAL FEES 4122060 PRINTING SERVICES 4122070 ELECTRICITY AND WATER SERVICES 4122080 EXTERNAL AUDIT 4122090 ADVERTISING SERVICES 4122100 CLEANING AND FUMIGATION SERVICES 4122110 OFFICE MAINTENANCE SERVICES 4122120 VEHICLE MAINTENANCE SERVICES 4122130 FURNITURE AND EQUIPMENT MAINTENANCE SERVICES 4122140 PER DIEMS 4122150 SUBSCRIPTIONS 4122160 FUELS AND LUBRICANTS 4122170 CERTIFICATIONS 4122180 OTHER SERVICE EXPENSES 4123 INSURANCE EXPENSES 4123000 INSURANCE ON MONEY AND SECURITIES 4123010 INSURANCE FOR PROPERTY, PLANT AND EQUIPMENT ASSETS 4123020 INSURANCE FOR DISHONESTY 4123030 OTHER INSURANCES 4124 TAXES AND CONTRIBUTIONS 4124000 MUNICIPAL TAXES 4124010 CONTRIBUTIONS FOR SUPERVISION TO THE SUPERINTENDENCY OF THE FINANCIAL SYSTEM (1) 4124020 OTHER TAXES AND CONTRIBUTIONS 4124030 STOCK EXCHANGE CONTRIBUTIONS. 4124040 ACABOLSA CONTRIBUTIONS.

CDSV-11/2010
RCTG-16/2010
MANUAL AND CHART OF ACCOUNTS FOR BROKERAGE FIRMS Approval: 06/16/2010 Effective Date: 10/01/2010 Alameda Juan Pablo II, between 15 and 17 Av. Norte, San Salvador, El Salvador. Tel. (503) 2281-8000 www.bcr.gob.sv 4125 DIVERSE EXPENSES 4125000 PROPERTY RENTALS 4125010 UTILITIES PROPERTY LEASING 4125020 STATIONERY AND OFFICE SUPPLIES 4125030 CLEANING MATERIALS AND SUPPLIES 4125040 FINES AND SANCTIONS 4125050 OTHER DIVERSE EXPENSES 4126 EXPENSES FOR MARKETING UNITS OF PARTICIPATION IN OPEN-END INVESTMENT FUNDS (3) 4126000 EXPENSES FOR MARKETING UNITS OF PARTICIPATION IN LOCAL OPEN-END INVESTMENT FUNDS (3) 4126010 EXPENSES FOR MARKETING UNITS OF PARTICIPATION IN FOREIGN OPEN-END INVESTMENT FUNDS (3) 4126020 OTHERS (3) 413 EXPENSES FOR DEPRECIATION, AMORTIZATION AND IMPAIRMENT FROM CURRENT OPERATIONS 4130 DEPRECIATION OF REAL ESTATE ASSETS 4130000 BUILDING DEPRECIATION 4130010 INSTALLATION DEPRECIATION 4130020 DEPRECIATION OF ASSETS UNDER FINANCIAL LEASE 4131 DEPRECIATION OF MOVABLE ASSETS 4131000 FURNITURE AND EQUIPMENT DEPRECIATION 4131010 TRANSPORT EQUIPMENT DEPRECIATION 4131020 DEPRECIATION OF OTHER MISCELLANEOUS USE ASSETS 4131030 DEPRECIATION OF INSTALLATIONS AND IMPROVEMENTS ON PROPERTIES UNDER RENTAL 4131040 SECURITY EQUIPMENT DEPRECIATION 4131050 COMMUNICATIONS EQUIPMENT DEPRECIATION 4132 AMORTIZATION OF INTANGIBLE ASSETS 4132000 STOCK EXCHANGE BOOTH AMORTIZATION 4132010 LICENSES AND CONCESSIONS AMORTIZATION 4132020 SOFTWARE PROGRAMS AMORTIZATION 4132030 FRANCHISES AMORTIZATION 4132040 WEBSITES AMORTIZATION 4132050 OTHER INTANGIBLES AMORTIZATION 4133 ASSET IMPAIRMENT LOSSES 4133000 BUILDING IMPAIRMENT 4133010 INSTALLATION IMPAIRMENT 4133020 FURNITURE AND EQUIPMENT IMPAIRMENT 4133030 TRANSPORT EQUIPMENT IMPAIRMENT 4133040 OTHER MISCELLANEOUS USE ASSETS IMPAIRMENT

CDSV-11/2010
RCTG-16/2010
MANUAL AND CHART OF ACCOUNTS FOR BROKERAGE FIRMS Approval: 06/16/2010 Effective Date: 10/01/2010 Alameda Juan Pablo II, between 15 and 17 Av. Norte, San Salvador, El Salvador. Tel. (503) 2281-8000 www.bcr.gob.sv 4133050 INSTALLATIONS AND IMPROVEMENTS ON PROPERTIES UNDER RENTAL IMPAIRMENT 4133060 SECURITY EQUIPMENT IMPAIRMENT 4133070 COMMUNICATIONS EQUIPMENT IMPAIRMENT 4133080 STOCK EXCHANGE BOOTH IMPAIRMENT 4133090 LICENSES AND CONCESSIONS IMPAIRMENT 4133100 SOFTWARE PROGRAMS IMPAIRMENT 4133110 FRANCHISES IMPAIRMENT 4133120 WEBSITES IMPAIRMENT 4133130 OTHER INTANGIBLES IMPAIRMENT 4133140 ASSETS UNDER FINANCIAL LEASE IMPAIRMENT 4133150 LONG-TERM ASSETS AND LIABILITIES HELD FOR SALE IMPAIRMENT 414 EXPENSES FOR DEPRECIATION OF PROPERTY, PLANT AND EQUIPMENT ALLOCATED TO PORTFOLIO 4140 DEPRECIATION OF REAL ESTATE ASSETS 4140000 BUILDING DEPRECIATION 4140010 INSTALLATION DEPRECIATION 4140020 DEPRECIATION OF ASSETS UNDER FINANCIAL LEASE 4141 DEPRECIATION OF MOVABLE ASSETS 4141000 FURNITURE AND EQUIPMENT DEPRECIATION 4141010 TRANSPORT EQUIPMENT DEPRECIATION 4141020 DEPRECIATION OF OTHER MISCELLANEOUS USE ASSETS 4141030 DEPRECIATION OF INSTALLATIONS AND IMPROVEMENTS ON PROPERTIES UNDER RENTAL 4141040 SECURITY EQUIPMENT DEPRECIATION 4141050 COMMUNICATIONS EQUIPMENT DEPRECIATION 4142 AMORTIZATION OF INTANGIBLE ASSETS ALLOCATED TO PORTFOLIO 4142000 SOFTWARE PROGRAMS AMORTIZATION 415 DEVALUATION OF LONG-TERM ASSETS HELD FOR SALE 4150 DEVALUATION OF LONG-TERM ASSETS HELD FOR SALE 4150000 INVESTMENTS IN SUBSIDIARIES 4150010 INVESTMENTS IN AFFILIATES 4150020 INVESTMENTS IN JOINT VENTURES 4150030 ASSETS IN DISCONTINUATION 4150040 PROPERTY, PLANT AND EQUIPMENT 4150050 INTANGIBLE ASSETS 4150060 ASSETS RECEIVED UNDER FINANCIAL LEASE 4150070 ASSETS RECEIVED IN PAYMENT OR ADJUDICATED 416 OPERATING EXPENSES FOR INDIVIDUAL PORTFOLIO MANAGEMENT SERVICES (1)

CDSV-11/2010
RCTG-16/2010
MANUAL AND CHART OF ACCOUNTS FOR BROKERAGE FIRMS Approval: 06/16/2010 Effective Date: 10/01/2010 Alameda Juan Pablo II, between 15 and 17 Av. Norte, San Salvador, El Salvador. Tel. (503) 2281-8000 www.bcr.gob.sv 4160 PORTFOLIO MANAGEMENT SERVICE OPERATING EXPENSES (1) 4160000 SURVEILLANCE AND PROTECTION SERVICES (1) 4160010 TRANSPORT SERVICES (1) 4160020 COMMUNICATION SERVICES (1) 4160030 SECURITIES CUSTODY SERVICES (1) 4160040 IT SERVICES (1) 4160050 PROFESSIONAL FEES (1) 4160060 PRINTING SERVICES (1) 4160070 ELECTRICITY AND WATER SERVICES (1) 4160080 ADVERTISING SERVICES (1) 4160090 CLEANING AND FUMIGATION SERVICES (1) 4160100 OFFICE MAINTENANCE SERVICES (1) 4160110 VEHICLE MAINTENANCE SERVICES (1) 4160120 FURNITURE AND EQUIPMENT MAINTENANCE SERVICES (1) 4160130 PER DIEMS (1) 4160140 SUBSCRIPTIONS (1) 4160150 FUELS AND LUBRICANTS (1) 4160160 CERTIFICATIONS (1) 4160170 OTHER SERVICE EXPENSES (1) 4161 INDIVIDUAL PORTFOLIO MANAGEMENT STAFF EXPENSES (1) 4161000 SALARIES AND WAGES OF PORTFOLIO MANAGEMENT STAFF (1) 4161010 COMMISSIONS TO PORTFOLIO MANAGEMENT AGENTS. (1) 4161020 OVERTIME FOR PORTFOLIO MANAGEMENT STAFF (1) 4161030 BONUS AND GRATIFICATIONS (1) 4161040 VACATIONS (1) 4161050 UNIFORMS (1) 4161060 TRAINING (1) 4161070 SOCIAL BENEFITS (1) 4161080 STAFF INSURANCE (1) 4161090 INDEMNITIES (1) 4161100 SOCIAL BENEFITS (1) 4161110 LABOR OBLIGATIONS (1) 4161120 OTHER STAFF BENEFITS (1) 4162 INDIVIDUAL PORTFOLIO MANAGEMENT DIRECTION EXPENSES. (1) 4162000 PER DIEMS (1) 4162010 REMUNERATIONS AND SALARIES (1) 4162020 ENTERTAINMENT AND REPRESENTATION (1)

CDSV-11/2010
RCTG-16/2010
MANUAL AND CHART OF ACCOUNTS FOR BROKERAGE FIRMS Approval: 06/16/2010 Effective Date: 10/01/2010 Alameda Juan Pablo II, between 15 and 17 Av. Norte, San Salvador, El Salvador. Tel. (503) 2281-8000 www.bcr.gob.sv 4162030 OTHER BOARD EXPENSES (1) 4163 INSURANCE EXPENSES FOR INDIVIDUAL PORTFOLIO MANAGEMENT (1) 4163000 INSURANCE ON MONEY AND SECURITIES (1) 4163010 INSURANCE FOR PROPERTY, PLANT AND EQUIPMENT ASSETS (1) 4163020 INSURANCE FOR DISHONESTY (1) 4163030 OTHER INSURANCES (1) 4164 DIVERSE EXPENSES ASSOCIATED WITH INDIVIDUAL PORTFOLIO MANAGEMENT (1) 4164000 PROPERTY RENTALS (1) 4164010 UTILITIES PROPERTY LEASING (1) 4164020 STATIONERY AND OFFICE SUPPLIES (1) 4164030 CLEANING MATERIALS AND SUPPLIES (1) 4164040 FINES AND SANCTIONS (1) 4164050 OTHER DIVERSE EXPENSES (1) 417 EXPENSES FOR DEPRECIATION OF PROPERTY, PLANT AND EQUIPMENT ALLOCATED TO INDIVIDUAL PORTFOLIO MANAGEMENT (1) 4170 DEPRECIATION OF REAL ESTATE ASSETS (1) 4170000 BUILDING DEPRECIATION (1) 4170010 INSTALLATION DEPRECIATION (1) 4170020 DEPRECIATION OF ASSETS UNDER FINANCIAL LEASE (1) 4171 DEPRECIATION OF MOVABLE ASSETS (1) 4171000 FURNITURE AND EQUIPMENT DEPRECIATION (1) 4171010 TRANSPORT EQUIPMENT DEPRECIATION (1) 4171020 DEPRECIATION OF OTHER MISCELLANEOUS USE ASSETS (1) 4171030 DEPRECIATION OF INSTALLATIONS AND IMPROVEMENTS ON PROPERTIES UNDER RENTAL (1) 4171040 SECURITY EQUIPMENT DEPRECIATION (1) 4171050 COMMUNICATIONS EQUIPMENT DEPRECIATION (1) 4172 AMORTIZATION OF INTANGIBLE ASSETS ALLOCATED TO INDIVIDUAL PORTFOLIO MANAGEMENT (1) 4172000 SOFTWARE PROGRAMS AMORTIZATION (1) 42 FINANCIAL EXPENSES 420 EXPENSES FOR FOREIGN CURRENCY EXCHANGE OPERATIONS 4200 FOREIGN CURRENCY EXCHANGE OPERATIONS EXPENSES. 4200000 FOREIGN CURRENCY EXCHANGE OPERATIONS EXPENSES. 4200010 EXCHANGE DIFFERENCE 4200020 DIFFERENCE IN FOREIGN CURRENCY PURCHASE AND SALE 421 EXPENSES FOR OWN INVESTMENT OPERATIONS 4210 EXPENSES FOR INVESTMENTS IN SECURITIES 4210000 EXPENSES FOR INVESTMENTS IN FIXED INCOME SECURITIES

CDSV-11/2010
RCTG-16/2010
MANUAL AND CHART OF ACCOUNTS FOR BROKERAGE HOUSES Approval: 06/16/2010 Validity: 10/01/2010 Alameda Juan Pablo II, between 15 and 17 Av. Norte, San Salvador, El Salvador. Tel. (503) 2281-8000 www.bcr.gob.sv 4210010 EXPENSES FROM INVESTMENTS IN VARIABLE INCOME SECURITIES 4211 EXPENSES FROM INVESTMENTS IN REPO TRANSACTIONS 4211000 EXPENSES FROM INVESTMENTS IN REPO TRANSACTIONS 4212 EXPENSES FROM INVESTMENTS IN PORTFOLIO MANAGEMENT 4212000 FEES 4212010 OTHERS 422 EXPENSES FROM OBLIGATIONS WITH FINANCIAL INSTITUTIONS 4220 EXPENSES FROM INTEREST 4220000 EXPENSES FROM OBLIGATIONS WITH LOCAL BANKS AND OTHER FINANCIAL INSTITUTIONS 4220010 EXPENSES FROM OVERDRAFTS WITH LOCAL BANKS AND OTHER FINANCIAL INSTITUTIONS 4220020 EXPENSES FROM LOAN DEBTS WITH LOCAL BANKS AND OTHER FINANCIAL INSTITUTIONS 4220030 EXPENSES FROM OTHER OBLIGATIONS WITH LOCAL BANKS AND OTHER FINANCIAL INSTITUTIONS 4220040 EXPENSES FROM OBLIGATIONS WITH FOREIGN BANKS AND FINANCIAL INSTITUTIONS 4220050 EXPENSES FROM OVERDRAFTS WITH FOREIGN BANKS AND FINANCIAL INSTITUTIONS 4220060 EXPENSES FROM LOAN DEBTS WITH FOREIGN BANKS AND FINANCIAL INSTITUTIONS 4220070 EXPENSES FROM OTHER OBLIGATIONS WITH FOREIGN BANKS AND FINANCIAL INSTITUTIONS 423 EXPENSES FROM ACCOUNTS AND DOCUMENTS PAYABLE 4230 FINANCIAL EXPENSES FROM STOCK MARKET OPERATIONS 4230000 EXPENSES FROM OBLIGATIONS FROM OWN OPERATIONS 4230010 EXPENSES FROM OBLIGATIONS FROM STOCK MARKET OPERATIONS SERVICES 4230020 EXPENSES FROM OBLIGATIONS FROM TAXES AND CONTRIBUTIONS 4230030 EXPENSES FROM DIVIDENDS AND PARTICIPATIONS 4230040 EXPENSES FROM OTHER ACCOUNTS AND DOCUMENTS PAYABLE 4230050 EXPENSES FROM RELATED ACCOUNTS AND DOCUMENTS PAYABLE 424 EXPENSES FROM ASSETS RECEIVED UNDER FINANCIAL LEASE 4240 EXPENSES FROM ASSETS RECEIVED UNDER FINANCIAL LEASE 4240000 EXPENSES FROM ASSETS RECEIVED UNDER FINANCIAL LEASE 425 OTHER FINANCIAL EXPENSES 4250 EXPENSES FROM CREDITS 4250000 EXPENSES FROM CREDIT LINES 4250010 EXPENSES FROM CONTRACTED GUARANTEES 4251 EXPENSES FROM CONTINGENCIES, COMMITMENTS AND OTHERS 4251000 PROVISION FOR CONTINGENCIES 4251010 PROVISION FOR COMMITMENTS 4251020 OTHER FINANCIAL EXPENSES

CDSV-11/2010
RCTG-16/2010
MANUAL AND CHART OF ACCOUNTS FOR BROKERAGE HOUSES Approval: 06/16/2010 Validity: 10/01/2010 Alameda Juan Pablo II, between 15 and 17 Av. Norte, San Salvador, El Salvador. Tel. (503) 2281-8000 www.bcr.gob.sv 426 PROVISIONS FOR UNCOLLECTABILITY AND DEVALUATION OF INVESTMENTS 4260 PROVISION FOR UNCOLLECTABILITY OF ACCOUNTS AND DOCUMENTS RECEIVABLE 4260000 PROVISION FOR ACCOUNTS AND DOCUMENTS RECEIVABLE 4261 PROVISION FOR DEVALUATION OF ASSETS AND LIABILITIES 4261000 HELD FOR TRADING 4261010 AVAILABLE FOR SALE 4262 PROVISION FOR OTHER ASSETS. 4262000 PROVISION FOR OTHER ASSETS. 4263 WRITE-OFF OF ASSET RETURNS 4263000 WRITE-OFF OF AVAILABLE RETURNS 4263010 WRITE-OFF OF ACCOUNTS AND DOCUMENTS RECEIVABLE RETURNS 4263020 WRITE-OFF OF FINANCIAL INVESTMENT RETURNS 4264 ASSET REHABILITATION 4264000 FINANCIAL ASSETS AVAILABLE FOR SALE 4264010 FINANCIAL ASSETS HELD TO MATURITY 4264020 FINANCIAL ASSETS HELD FOR TRADING 427 LOSSES ON ASSET SALES 4270 LOSSES ON ASSET SALES 4270000 TRADABLE FINANCIAL ASSETS AND LIABILITIES 4270010 FINANCIAL ASSETS AT FAIR VALUE WITH EFFECT ON RESULTS 4270020 FINANCIAL ASSETS AVAILABLE FOR SALE 4270030 FINANCIAL ASSETS HELD TO MATURITY 4270040 REAL ESTATE AND INVESTMENT PROPERTIES 43 EXTRAORDINARY EXPENSES 430 EXTRAORDINARY EXPENSES 4300 EXTRAORDINARY EXPENSES 4300000 LOSSES FROM DISASTERS 4300010 LOSSES FROM THEFTS, ROBBERIES AND FRAUDS 4300020 LOSSES ON ASSET SALES 4300030 OTHER EXTRAORDINARY EXPENSES 44 INCOME TAX 440 INCOME TAX 4400 INCOME TAX 4400000 INCOME TAX 5 INCOME 51 OPERATING INCOME

CDSV-11/2010
RCTG-16/2010
MANUAL AND CHART OF ACCOUNTS FOR BROKERAGE HOUSES Approval: 06/16/2010 Validity: 10/01/2010 Alameda Juan Pablo II, between 15 and 17 Av. Norte, San Salvador, El Salvador. Tel. (503) 2281-8000 www.bcr.gob.sv 510 INCOME FROM STOCK MARKET SERVICES 5100 INCOME FROM STOCK MARKET OPERATIONS SERVICES 5100000 INCOME FROM PLACEMENT SERVICES PRIMARY MARKET 5100010 INCOME FROM PLACEMENT SERVICES SECONDARY MARKET 5100020 INCOME FROM REPO SERVICES 5100030 INCOME FROM OPERATIONS IN FOREIGN MARKETS 511 INCOME FROM OPERATIONS FROM PORTFOLIO MANAGEMENT SERVICES. 5110 INCOME FROM OPERATIONS FROM PORTFOLIO MANAGEMENT SERVICES. 5110000 FEES FOR PORTFOLIO MANAGEMENT 5110010 PENALTIES 5110020 OTHER INCOME FROM PORTFOLIO MANAGEMENT 512 DIVERSE INCOME 5120 OPERATING INCOME FROM COLLECTION SERVICES. 5120000 OPERATING INCOME FROM COLLECTION SERVICES. 5120010 INCOME FROM COLLECTION SERVICES OF RETURNS. 5121 OPERATING INCOME FROM DIVERSE SERVICES 5121000 INCOME FROM REGISTRATION SERVICES 5121010 INCOME FROM ADVISORY SERVICES 5121020 INCOME FROM REPRESENTATION SERVICES OF SECURITY HOLDERS 5122 DIVERSE INCOME 5122000 INCOME FROM TRAINING 5122010 INCOME FROM RECOVERY OF EXPENSES 5122020 OTHER INCOME 5123 REVERSALS OF IMPAIRMENT OF NON-CURRENT ASSETS 5123000 REVERSALS OF IMPAIRMENT OF NON-CURRENT ASSETS 5124 OTHER INCOME 5124000 REVERSAL OF IMPAIRMENT OF FINANCIAL ASSETS AND LIABILITIES 5124010 CHANGES IN FAIR VALUE OF FINANCIAL ASSETS AND LIABILITIES 5124020 GAINS FROM SALE OF FINANCIAL INVESTMENTS 5125 INCOME FROM COMMERCIALIZATION OF PARTICIPATION UNITS OF OPEN-ENDED INVESTMENT FUNDS (3) 5125000 FEES FROM COMMERCIALIZATION OF PARTICIPATION UNITS OF LOCAL OPEN-ENDED INVESTMENT FUNDS (3) 5125010 FEES FROM COMMERCIALIZATION OF PARTICIPATION UNITS OF FOREIGN OPEN-ENDED INVESTMENT FUNDS (3) 5125020 OTHERS (3) 513 INCOME FROM OPERATIONS FROM INDIVIDUAL PORTFOLIO MANAGEMENT SERVICES. (1) 5130 INCOME FROM OPERATIONS FROM INDIVIDUAL PORTFOLIO MANAGEMENT SERVICES. (1)

CDSV-11/2010
RCTG-16/2010
MANUAL AND CHART OF ACCOUNTS FOR BROKERAGE HOUSES Approval: 06/16/2010 Validity: 10/01/2010 Alameda Juan Pablo II, between 15 and 17 Av. Norte, San Salvador, El Salvador. Tel. (503) 2281-8000 www.bcr.gob.sv 5130000 FEES FOR INDIVIDUAL PORTFOLIO MANAGEMENT (1) 5130010 PENALTIES (1) 5130020 OTHER INCOME FROM INDIVIDUAL PORTFOLIO MANAGEMENT (1) 52 FINANCIAL INCOME 520 FOREIGN CURRENCY PURCHASE AND SALE OPERATIONS 5200 INCOME FROM FOREIGN CURRENCY EXCHANGE OPERATIONS 5200000 INCOME FROM FOREIGN CURRENCY EXCHANGE OPERATIONS 5200010 EXCHANGE DIFFERENCE 5200020 DIFFERENCE IN FOREIGN CURRENCY PURCHASE AND SALE 521 INCOME FROM FINANCIAL INVESTMENTS 5210 TAXABLE INCOME FROM INCOME TAX. 5210000 INCOME FROM INVESTMENT OPERATIONS IN FIXED INCOME SECURITIES 5210010 INCOME FROM INVESTMENT OPERATIONS IN VARIABLE INCOME SECURITIES 5210020 INCOME FROM INVESTMENT OPERATIONS IN REPO TRANSACTIONS 5210030 INCOME FROM INVESTMENT OPERATIONS IN PORTFOLIO MANAGEMENT 5210040 OTHERs 5211 INCOME EXEMPT FROM INCOME TAX 5211000 INCOME FROM INVESTMENT OPERATIONS IN FIXED INCOME SECURITIES 5212 INCOME FROM INTEREST 5212000 INTEREST AND DIVIDENDS FROM FINANCIAL INVESTMENT PORTFOLIO 522 INCOME FROM ACCOUNTS AND DOCUMENTS RECEIVABLE 5220 RETURNS FROM ACCOUNTS AND DOCUMENTS RECEIVABLE 5220000 INTEREST 5220010 LATE PAYMENT 523 RECOVERY OF FINANCIAL ASSETS 5230 RECOVERY OF FINANCIAL ASSETS 5230000 RECOVERY OF FINANCIAL ASSETS 5231 REDUCTION OF PROVISIONS FOR ACCOUNTS AND DOCUMENTS RECEIVABLE AND INVESTMENTS 5231000 REDUCTION OF PROVISIONS FOR ACCOUNTS AND DOCUMENTS RECEIVABLE 5231010 REDUCTION OF PROVISIONS FOR FINANCIAL INVESTMENTS 524 OTHER FINANCIAL INCOME 5240 OTHER FINANCIAL INCOME 5240000 OTHER FINANCIAL INCOME 53 EXTRAORDINARY INCOME 530 EXTRAORDINARY INCOME

CDSV-11/2010
RCTG-16/2010
MANUAL AND CHART OF ACCOUNTS FOR BROKERAGE HOUSES Approval: 06/16/2010 Validity: 10/01/2010 Alameda Juan Pablo II, between 15 and 17 Av. Norte, San Salvador, El Salvador. Tel. (503) 2281-8000 www.bcr.gob.sv 5300 EXTRAORDINARY INCOME 5300000 GAIN ON ASSET SALES 5300010 OTHER EXTRAORDINARY INCOME 6 CONTINGENCIES OF OWN COMMITMENTS AND CONTROL (5) 61 DEBIT CONTINGENT ACCOUNTS OF COMMITMENT. 610 GUARANTEES GRANTED 6100 FROM STOCK MARKET OPERATIONS 6100000 FROM STOCK MARKET OPERATIONS 6101 FROM PORTFOLIO MANAGEMENT 6101000 FROM PORTFOLIO MANAGEMENT 6102 OTHER GUARANTEES 6102000 OTHER GUARANTEES 6103 SURETIES AND BONDS GRANTED 6103000 SURETIES AND BONDS GRANTED 611 LITIGATION AND LAWSUITS 6110 LITIGATION AND LAWSUITS 6110000 LITIGATION AND LAWSUITS 612 SECURITIES OF ISSUERS IN EXISTENCE FOR TRADING 6120 SECURITIES OF ISSUERS IN EXISTENCE FOR TRADING (4) 6120000 SECURITIES OF ISSUERS IN EXISTENCE FOR TRADING (4) 613 OTHER CONTINGENCIES AND COMMITMENTS 6130 STOCK MARKET OPERATIONS 6130000 STOCK MARKET OPERATIONS 6131 PORTFOLIO MANAGEMENT 6131000 PORTFOLIO MANAGEMENT 6132 OTHERs 6132000 OTHERs 6133 INDIVIDUAL PORTFOLIO MANAGEMENT (1) 6133000 INDIVIDUAL PORTFOLIO MANAGEMENT (1) 614 OWN REPO TRANSACTIONS 6140 RIGHT OF REPURCHASE FROM REPO SALES 6140000 RIGHT OF REPURCHASE FROM REPO SALES 6141 RIGHTS TO RECEIVE IN CASH, FROM REPO PURCHASES 6141000 RIGHTS TO RECEIVE IN CASH, FROM REPO PURCHASES 62 CONTROL ACCOUNTS 620 OWN SECURITIES AND ASSETS IN CUSTODY 6200 SECURITIES IN CUSTODY

CDSV-11/2010
RCTG-16/2010
MANUAL AND CHART OF ACCOUNTS FOR BROKERAGE HOUSES Approval: 06/16/2010 Validity: 10/01/2010 Alameda Juan Pablo II, between 15 and 17 Av. Norte, San Salvador, El Salvador. Tel. (503) 2281-8000 www.bcr.gob.sv 6200000 SECURITIES IN CUSTODY 6201 ASSETS IN CUSTODY 6201000 ASSETS IN CUSTODY 6202 DOCUMENTS IN CUSTODY 6202000 DOCUMENTS IN CUSTODY 621 OWN SECURITIES AND ASSETS PLEDGED AS GUARANTEE 6210 SECURITIES 6210000 SECURITIES 6211 MOVABLE AND IMMOVABLE ASSETS 6211000 MOVABLE AND IMMOVABLE ASSETS 6212 OTHER PLEDGED GUARANTEES 6212000 OTHER PLEDGED GUARANTEES 622 OBTAINED CREDITS NOT USED 6220 OBTAINED CREDITS NOT USED 6220000 OBTAINED CREDITS NOT USED 623 GUARANTEES RECEIVED 6230 FIXED INCOME SECURITIES 6230000 FIXED INCOME SECURITIES 6231 VARIABLE INCOME SECURITIES 6231000 VARIABLE INCOME SECURITIES 6232 RETURN OF INVESTMENTS 6232000 RETURN OF INVESTMENTS 624 DIVERSE CONTROL ACCOUNTS 6240 DEPRECIATED PROPERTY PLANT AND EQUIPMENT 6240000 DEPRECIATED PROPERTY PLANT AND EQUIPMENT 6241 NON-DEPRECIABLE ASSETS 6241000 NON-DEPRECIABLE ASSETS 6242 UNCOLLECTABLE ACCOUNTS AND DOCUMENTS RECEIVABLE WRITTEN OFF 6242000 UNCOLLECTABLE ACCOUNTS AND DOCUMENTS RECEIVABLE WRITTEN OFF 6243 RETURNS FROM WRITT-OFF ACCOUNTS AND DOCUMENTS RECEIVABLE 6243000 RETURNS FROM WRITT-OFF ACCOUNTS AND DOCUMENTS RECEIVABLE 6244 RETURNS FROM ACCOUNTS AND DOCUMENTS RECEIVABLE IN DOUBTFUL COLLECTION 6244000 RETURNS FROM ACCOUNTS AND DOCUMENTS RECEIVABLE IN DOUBTFUL COLLECTION 7 CONTINGENCIES OF OWN COMMITMENT AND CONTROL (5) 71 CREDITOR CONTINGENT AND COMMITMENT ACCOUNTS 710 LIABILITY FOR GUARANTEES GRANTED 7100 LIABILITY FOR GUARANTEES GRANTED TO FINANCIAL INSTITUTIONS

CDSV-11/2010
RCTG-16/2010
MANUAL AND CHART OF ACCOUNTS FOR BROKERAGE HOUSES Approval: 06/16/2010 Validity: 10/01/2010 Alameda Juan Pablo II, between 15 and 17 Av. Norte, San Salvador, El Salvador. Tel. (503) 2281-8000 www.bcr.gob.sv 7100000 LIABILITY FOR GUARANTEES GRANTED TO FINANCIAL INSTITUTIONS 7101 LIABILITY FOR OTHER GUARANTEES GRANTED 7101000 LIABILITY FOR OTHER GUARANTEES GRANTED 711 LIABILITY FOR LITIGATION AND LAWSUITS 7110 LIABILITY FOR LITIGATION AND LAWSUITS 7110000 LIABILITY FOR LITIGATION AND LAWSUITS 712 LIABILITY FOR PRIMARY PLACEMENT COMMITMENTS 7120 LIABILITY FOR PRIMARY PLACEMENT OF SECURITIES. 7120000 LIABILITY FOR PRIMARY PLACEMENT OF SECURITIES. 713 LIABILITY FOR OTHER CONTINGENCIES AND COMMITMENTS. 7130 LIABILITY FOR PAYMENTS ON BEHALF OF ISSUERS 7130000 LIABILITY FOR PAYMENTS ON BEHALF OF ISSUERS 714 OBLIGATIONS AND RIGHTS FROM OWN REPO TRANSACTIONS 7140 OBLIGATIONS FROM REPO SALE OF SECURITIES 7140000 OBLIGATIONS FROM REPO SALE OF SECURITIES 7141 OBLIGATION TO RESALE SECURITIES, FROM PURCHASE OPERATIONS 7141000 OBLIGATION TO RESALE SECURITIES, FROM PURCHASE OPERATIONS 72 CREDITOR CONTROL ACCOUNTS 720 COUNTER-ACCOUNT OWN SECURITIES AND ASSETS IN CUSTODY 7200 COUNTER-ACCOUNT OWN SECURITIES AND ASSETS IN CUSTODY (4) 7200000 COUNTER-ACCOUNT OWN SECURITIES AND ASSETS IN CUSTODY (4) 721 COUNTER-ACCOUNT OWN SECURITIES AND ASSETS PLEDGED AS GUARANTEE 7210 COUNTER-ACCOUNT OWN SECURITIES AND ASSETS PLEDGED AS GUARANTEE (4) 7210000 COUNTER-ACCOUNT OWN SECURITIES AND ASSETS PLEDGED AS GUARANTEE (4) 722 COUNTER-ACCOUNT OF OBTAINED CREDITS NOT USED 7220 COUNTER-ACCOUNT OF OBTAINED CREDITS NOT USED (4) 7220000 COUNTER-ACCOUNT OF OBTAINED CREDITS NOT USED (4) 723 LIABILITY FOR GUARANTEES RECEIVED 7230 LIABILITY FOR GUARANTEES RECEIVED (4) 7230000 LIABILITY FOR GUARANTEES RECEIVED (4) 724 COUNTER-ACCOUNT OF DIVERSE CONTROL ACCOUNTS 7240 COUNTER-ACCOUNT OF DIVERSE CONTROL ACCOUNTS (4) 7240000 COUNTER-ACCOUNT OF DIVERSE CONTROL ACCOUNTS (4) 8 STOCK MARKET SERVICES OPERATIONS, PORTFOLIO MANAGEMENT AND INDIVIDUAL PORTFOLIO MANAGEMENT (1) 81 DEBIT ACCOUNTS FOR CASH AND RIGHTS FROM STOCK MARKET OPERATIONS SERVICES 810 CASH

CDSV-11/2010
RCTG-16/2010
MANUAL AND CHART OF ACCOUNTS FOR BROKERAGE HOUSES Approval: 06/16/2010 Validity: 10/01/2010 Alameda Juan Pablo II, between 15 and 17 Av. Norte, San Salvador, El Salvador. Tel. (503) 2281-8000 www.bcr.gob.sv 8100 CASH 8100000 BILLS AND COINS IN LOCAL CURRENCY. 8100010 BILLS AND COINS IN FOREIGN CURRENCY. 811 BANKS 8110 OPERATING ACCOUNT FOR CLIENT 8110000 LOCAL BANKS 8110010 (6) FOREIGN BANKS AND OTHER INSTITUTIONS (6) 8111 OPERATING ACCOUNT FOR ISSUER 8111000 LOCAL BANKS 8111010 (6) FOREIGN BANKS AND OTHER INSTITUTIONS (6) 812 ACCOUNTS RECEIVABLE 8120 STOCK EXCHANGE 8120000 AT PRESENT 8120010 FOR CASH 8120020 ON CREDIT 8120030 OPTIONAL 8120040 MATURITY OF THIRD-PARTY REPOS 8120050 MATURITY OF PORTFOLIO REPOS 8120060 MATURITY OF BANK REPOS 8120070 MATURITY OF BROKERAGE HOUSE REPOS 8120080 MATURITY OF INDIVIDUAL PORTFOLIO REPO (1) 8120090 MATURITY OF INVESTMENT FUND REPOS (4) 8121 INVESTORS 8121000 AT PRESENT 8121010 FOR CASH 8121020 ON CREDIT 8121030 OPTIONAL 8121040 MATURITY OF THIRD-PARTY REPOS 8121050 MATURITY OF PORTFOLIO REPOS 8121060 MATURITY OF BANK REPOS 8121070 MATURITY OF BROKERAGE HOUSE REPOS. 8121080 FROM FOREIGN OPERATIONS 8121090 MATURITY OF INDIVIDUAL PORTFOLIO REPO (1) 8121100 MATURITY OF INVESTMENT FUND REPOS (4) 8122 ISSUERS 8122000 COUPONS 8122010 OTHERs

CDSV-11/2010
RCTG-16/2010
MANUAL AND CHART OF ACCOUNTS FOR BROKERAGE HOUSES Approval: 06/16/2010 Validity: 10/01/2010 Alameda Juan Pablo II, between 15 and 17 Av. Norte, San Salvador, El Salvador. Tel. (503) 2281-8000 www.bcr.gob.sv 8123 SECURITIES CENTRAL 8123000 SECURITIES CENTRAL 8123010 AT PRESENT (4) 8123020 FOR CASH (4) 8123030 ON CREDIT (4) 8123040 OPTIONAL (4) 8123050 MATURITY OF THIRD-PARTY REPOS (4) 8123060 MATURITY OF PORTFOLIO REPOS (4) 8123070 MATURITY OF BANK REPOS (4) 8123080 MATURITY OF BROKERAGE HOUSE REPOS (4) 8123090 MATURITY OF INDIVIDUAL PORTFOLIO REPO (4) 8123100 MATURITY OF INVESTMENT FUND REPOS (4) 8124 FOREIGN INTERMEDIARIES 8124000 FOREIGN INTERMEDIARIES 813 SECURITIES TO BE RECEIVED 8130 CEDEVAL 8130000 OPERATIONS COMPLETED 8130010 OPERATIONS TO BE COMPLETED 8130020 SECURITIES BACKING REPOS 8131 INVESTORS. 8131000 OPERATIONS COMPLETED 8131010 OPERATIONS TO BE COMPLETED 8131020 SECURITIES BACKING REPOS 8132 FOREIGN INTERMEDIARIES 8132000 OPERATIONS COMPLETED 8132010 OPERATIONS TO BE COMPLETED 814 SECURITIES RECEIVED 8140 CEDEVAL 8140000 OPERATIONS COMPLETED 8140010 OPERATIONS TO BE COMPLETED 8140020 SECURITIES BACKING REPOS 8141 INVESTORS. 8141000 OPERATIONS COMPLETED 8141010 OPERATIONS TO BE COMPLETED 8141020 SECURITIES BACKING REPOS 8142 ISSUERS 8142000 OPERATIONS COMPLETED

CDSV-11/2010
RCTG-16/2010
MANUAL AND CHART OF ACCOUNTS FOR BROKERAGE HOUSES Approval: 06/16/2010 Validity: 10/01/2010 Alameda Juan Pablo II, between 15 and 17 Av. Norte, San Salvador, El Salvador. Tel. (503) 2281-8000 www.bcr.gob.sv 8142010 OPERATIONS TO BE COMPLETED 8143 FOREIGN INTERMEDIARIES 8143000 OPERATIONS COMPLETED 8143010 OPERATIONS TO BE COMPLETED 815 SECURITIES DELAYED FOR TRADING 8150 INVESTORS. 8150000 THIRD-PARTY CLIENTS. 8150010 PORTFOLIO MANAGEMENT. 8150020 BANKS 8150030 OWN TO THE HOUSE 8150040 INDIVIDUAL PORTFOLIO MANAGEMENT (1) 8150050 INVESTMENT FUNDS (4) 8151 ISSUERS 8151000 BANKS AND FINANCIAL INSTITUTIONS 8151010 INSURANCE COMPANIES 8151020 COMMERCIAL COMPANIES 8151030 INDUSTRIAL COMPANIES 8151040 SERVICE COMPANIES 8151050 OTHER COMPANIES 816 SECURITIES RECEIVED FOR CUSTODY AND COLLECTION 8160 FIXED INCOME SECURITIES 8160000 INDIVIDUAL CLIENTS 8160010 PORTFOLIO MANAGEMENT. 8160020 BANKS 8160030 INDIVIDUAL PORTFOLIO MANAGEMENT (1) 8160040 INVESTMENT FUNDS (4) 8161 VARIABLE INCOME SECURITIES 8161000 INDIVIDUAL CLIENTS 8161010 PORTFOLIO MANAGEMENT. 8161020 BANKS 8161030 INDIVIDUAL PORTFOLIO MANAGEMENT (1) 8161040 INVESTMENT FUNDS (4) 8162 COUPONS 8162000 INDIVIDUAL CLIENTS 8162010 PORTFOLIO MANAGEMENT. 8162020 BANKS 8162030 INDIVIDUAL PORTFOLIO MANAGEMENT (1) 8162040 INVESTMENT FUNDS (4)

CDSV-11/2010
RCTG-16/2010
MANUAL AND CHART OF ACCOUNTS FOR BROKERAGE HOUSES Approval: 06/16/2010 Validity: 10/01/2010 Alameda Juan Pablo II, between 15 and 17 Av. Norte, San Salvador, El Salvador. Tel. (503) 2281-8000 www.bcr.gob.sv 822000010 INVESTMENT CERTIFICATES 822000020 NATIONAL BONDS 822000030 FOREIGN BONDS 822000040 COMMERCIAL PAPER 822000050 INVESTMENTS IN SECURITIZATION FUNDS 822000060 OTHER FIXED INCOME SECURITIES 8220010 VARIABLE INCOME SECURITIES 822001000 SHARES 822001010 PARTICIPATIONS IN INVESTMENT FUNDS 822001020 HEDGING INSTRUMENTS AND DERIVATIVES 8220020 DEPOSITS IN BANKS 822002000 SAVINGS ACCOUNT 822002010 TIME DEPOSITS 8220030 REPOS 822003000 PURCHASES 822003010 SALES 8220040 ESTIMATE FOR VALUATION OF INVESTMENT PORTFOLIO 822004000 FIXED INCOME SECURITIES 822004010 VARIABLE INCOME SECURITIES 8221 PORTFOLIO Y 8222 PORTFOLIO Z 823 RETURNS RECEIVABLE 8230 PORTFOLIO X 8230000 RETURN FROM FIXED INCOME SECURITIES 8230010 RETURN FROM VARIABLE INCOME SECURITIES 8230020 RETURN FROM REPO PURCHASES 8230030 RETURN FROM BANK DEPOSITS 8230040 RETURN FROM RESTRICTED INVESTMENT PORTFOLIO 8231 PORTFOLIO Y 8232 PORTFOLIO Z 824 EXPENSES CHARGED TO CLIENTS 8240 PORTFOLIO X 8240000 CURRENT MONTH EXPENSES CHARGED TO CLIENTS 824000000 FEES FOR PORTFOLIO MANAGEMENT 824000010 FEES FOR WITHDRAWALS MADE BY CLIENTS 824000020 FEES CHARGED BY THE STOCK EXCHANGE 824000030 FEES CHARGED BY THE BROKERAGE HOUSE

CDSV-11/2010
RCTG-16/2010
MANUAL AND CHART OF ACCOUNTS FOR BROKERAGE HOUSES Approval: 06/16/2010 Validity: 10/01/2010 Alameda Juan Pablo II, between 15 and 17 Av. Norte, San Salvador, El Salvador. Tel. (503) 2281-8000 www.bcr.gob.sv 8312 PORTFOLIO Z 84 DEBTOR ACCOUNTS FOR INDIVIDUAL PORTFOLIO MANAGEMENT SERVICES (1) 840 CASH (1) 8400 CASH (1) 8400000 BILLS AND COINS IN LOCAL CURRENCY (1) 8400010 BILLS AND COINS IN FOREIGN CURRENCY (1) 841 BANK ACCOUNTS PORTFOLIO MANAGEMENT (1) 8410 BANKS (1) 8410000 CHECKING ACCOUNT (1) 842 INVESTMENT PORTFOLIO (1) 8420 INVESTMENTS (1) 8420000 FIXED INCOME SECURITIES (1) 842000010 INVESTMENT CERTIFICATES (1) 842000020 NATIONAL BONDS (1) 842000030 FOREIGN BONDS (1) 842000040 MARKET PAPER (1) 842000050 INVESTMENTS IN ABSOLUTION FUNDS (1) 842000060 OTHER FIXED INCOME SECURITIES (1) 8420010 VARIABLE INCOME SECURITIES (1) 842001000 SHARES (1) 842001010 PARTICIPATIONS IN INVESTMENT FUNDS (1) 842001020 HEDGING INSTRUMENTS AND DERIVATIVES (1) 8420020 DEPOSITS AT BANKS (1) 842002000 SAVINGS ACCOUNT (1) 842002010 TIME DEPOSITS (1) 8420030 REPOS (1) 842003000 PURCHASES (1) 842003010 SALES (1) 8420040 ESTIMATE FOR VALUATION OF THE INVESTMENT PORTFOLIO (1) 842004000 FIXED INCOME SECURITIES (1) 842004010 VARIABLE INCOME SECURITIES (1) 844 ACCRUED RETURNS (1) 8430 ACCRUED RETURNS (1) 8430000 RETURN ON FIXED INCOME SECURITIES (1) 8430010 RETURN ON VARIABLE INCOME SECURITIES (1) 8430020 RETURN FROM PURCHASE REPOS (1) 8430030 RETURN FROM BANK DEPOSITS (1) 8430040 RETURN FROM RESTRICTED INVESTMENT PORTFOLIO (1)

CDSV-11/2010
RCTG-16/2010
MANUAL AND CHART OF ACCOUNTS FOR BROKERAGE HOUSES Approval: 06/16/2010 Validity: 10/01/2010 Alameda Juan Pablo II, between 15 and 17 Av. Norte, San Salvador, El Salvador. Tel. (503) 2281-8000 www.bcr.gob.sv 844 EXPENSES CHARGED TO CLIENTS (1) 8440 EXPENSES CHARGED TO CLIENTS (1) 8440000 CURRENT MONTH EXPENSES CHARGED TO CLIENTS (1) 844000000 FEES FOR PORTFOLIO MANAGEMENT (1) 844000010 FEES FOR WITHDRAWALS MADE BY CLIENTS (1) 844000020 FEES CHARGED BY THE STOCK EXCHANGE (1) 844000030 FEES CHARGED BY THE BROKERAGE HOUSE (1) 844000040 FEES CHARGED FOR DEPOSIT AND CUSTODY OF SECURITIES (1) 844000050 COST OF REPOS. (1) 844000060 OTHER EXPENSES (1) 8440010 EXPENSES FROM PREVIOUS MONTHS CHARGED TO CLIENTS (1) 844001000 FEES FOR PORTFOLIO MANAGEMENT (1) 844001010 FEES FOR WITHDRAWALS MADE BY CLIENTS (1) 844001020 FEES CHARGED BY THE STOCK EXCHANGE (1) 844001030 FEES CHARGED BY THE BROKERAGE HOUSE (1) 844001040 FEES CHARGED FOR DEPOSIT AND CUSTODY OF SECURITIES (1) 844001050 COST OF REPOS. (1) 844001060 OTHER EXPENSES (1) 845 TAXES CHARGED TO CLIENTS (1) 8450 TAXES CHARGED TO CLIENTS (1) 8450000 CURRENT MONTH TAXES CHARGED TO CLIENTS (1) 845000000 WITHHELD INCOME TAX (1) 845000010 VAT GENERATED BY COMMISSIONS (1) 845000020 OTHER TAXES (1) 8450010 TAXES FROM PREVIOUS MONTHS CHARGED TO CLIENTS (1) 845001000 WITHHELD INCOME TAX (1) 845001010 VAT GENERATED BY COMMISSIONS (1) 845001020 OTHER TAXES (1) 85 CONTROL ACCOUNTS FOR RECEIVABLES FROM INDIVIDUAL PORTFOLIO MANAGEMENT (1) 850 RIGHTS TO RECEIVE IN CASH FROM PURCHASE REPOS INDIVIDUAL PORTFOLIO MANAGEMENT (1) 8500 RIGHTS TO RECEIVE IN CASH FROM PURCHASE REPOS (1) 8500000 FIXED INCOME SECURITIES (1) 8500010 VARIABLE INCOME SECURITIES (1) 851 REPURCHASE RIGHTS FROM SALES REPOS (1) 8510 REPURCHASE RIGHTS FROM SALES REPOS (1)

CDSV-11/2010
RCTG-16/2010
MANUAL AND CHART OF ACCOUNTS FOR BROKERAGE HOUSES Approval: 06/16/2010 Validity: 10/01/2010 Alameda Juan Pablo II, between 15 and 17 Av. Norte, San Salvador, El Salvador. Tel. (503) 2281-8000 www.bcr.gob.sv 9112000 FOR ISSUER NEGOTIATION. 9113 FOREIGN INTERMEDIARIES 9113000 FOREIGN INTERMEDIARIES 9114 SECURITIES CENTRAL (4) 9114000 SECURITIES CENTRAL (4) 9114010 TODAY (4) 9114020 SPOT (4) 9114030 TERM (4) 9114040 OPTIONAL (4) 9114050 MATURITY OF THIRD-PARTY REPOS (4) 9114060 MATURITY OF PORTFOLIO REPOS (4) 9114070 MATURITY OF BANK REPOS (4) 9114080 MATURITY OF BROKERAGE HOUSE REPOS (4) 9114090 MATURITY OF INDIVIDUAL PORTFOLIO REPOS (4) 9114100 MATURITY OF INVESTMENT FUND REPOS (4) 912 SECURITIES PENDING NEGOTIATION 9120 INVESTORS 9120000 FIXED INCOME SECURITIES 9120010 VARIABLE INCOME SECURITIES 9120020 REPOS 9121 ISSUERS 9121000 FIXED INCOME SECURITIES 9121010 VARIABLE INCOME SECURITIES 913 SECURITIES TO BE DELIVERED 9130 CEDEVAL 9130000 OPERATIONS 9130010 MATURITY OF THIRD-PARTY REPOS 9130020 MATURITY OF PORTFOLIO REPOS 9130030 MATURITY OF BANK REPOS 9130040 MATURITY OF BROKERAGE HOUSE REPOS 9130050 MATURITY OF INDIVIDUAL PORTFOLIO REPO (1) 9130060 MATURITY OF INVESTMENT FUND REPOS (4) 9131 INVESTORS 9131000 OPERATIONS 9131010 MATURITY OF THIRD-PARTY REPOS 9131020 MATURITY OF PORTFOLIO REPOS 9131030 MATURITY OF BANK REPOS

CDSV-11/2010
RCTG-16/2010
MANUAL AND CHART OF ACCOUNTS FOR BROKERAGE HOUSES Approval: 06/16/2010 Validity: 10/01/2010 Alameda Juan Pablo II, between 15 and 17 Av. Norte, San Salvador, El Salvador. Tel. (503) 2281-8000 www.bcr.gob.sv 9131040 MATURITY OF BROKERAGE HOUSE REPOS 9131050 MATURITY OF INDIVIDUAL PORTFOLIO REPO (1) 9131060 MATURITY OF INVESTMENT FUND REPOS (4) 9132 FOREIGN INTERMEDIARIES 9132000 FOREIGN INTERMEDIARIES 914 CONTROL OF SECURITIES RECEIVED FOR CUSTODY 9140 SECURITIES CUSTODIANS 9140000 CENTRAL DEPOSITORY AND CUSTODY OF SECURITIES 9140010 STOCK EXCHANGE 9140020 CENTRAL RESERVE BANK 9140030 AGRICULTURAL BANK 9140040 HSBC SALVADORIAN BANK 9140050 MORTGAGE BANK OF EL SALVADOR 9140060 CITIBANK OF EL SALVADOR BANK 9140070 CITIBANK, N.A. BRANCH EL SALVADOR 9140080 AGRICULTURAL DEVELOPMENT BANK 9140090 G&T CONTINENTAL BANK EL SALVADOR 9140100 PROMERICA BANK 9140110 SCOTIABANK EL SALVADOR 9140120 AMERICA CENTRAL BANK 9140130 PROCREDIT BANK 9140140 AZTECA BANK EL SALVADOR 915 CREDITOR OPERATIONS WITH BANKS 9150 STOCK EXCHANGE 9150000 PRIMARY MARKET 9150010 SECONDARY MARKET 9150020 REPOS 9151 BANKS 9151000 PRIMARY MARKET 9151010 SECONDARY MARKET 9151020 REPOS 92 CREDITOR ACCOUNTS FOR OBLIGATIONS FOR PORTFOLIO MANAGEMENT SERVICES 920 INVESTMENTS TO BE MADE FOR PORTFOLIO MANAGEMENT 9200 PORTFOLIO X 9201 PORTFOLIO Y 921 OBLIGATIONS FOR PORTFOLIO MANAGEMENT 9210 PORTFOLIO X

CDSV-11/2010
RCTG-16/2010
MANUAL AND CHART OF ACCOUNTS FOR BROKERAGE HOUSES Approval: 06/16/2010 Validity: 10/01/2010 Alameda Juan Pablo II, between 15 and 17 Av. Norte, San Salvador, El Salvador. Tel. (503) 2281-8000 www.bcr.gob.sv 9211 PORTFOLIO Y 922 OBLIGATIONS WITH THIRD PARTIES. 9220 PORTFOLIO X 9220000 OBLIGATIONS WITH THIRD PARTIES 922000000 FEES PAYABLE 922000010 WITHHELD INCOME TAX PAYABLE. 922000020 LOANS CHARGED TO CLIENTS PAYABLE. 922000050 FOR PRESCRIBED CHECKS FROM CLIENTS 922000060 OTHER ACCOUNTS PAYABLE 9221 PORTFOLIO Y 9222 PORTFOLIO Z 923 RETURNS IN FAVOR OF CLIENTS 9230 PORTFOLIO X 9230000 FOR PORTFOLIO MANAGEMENT 9231 PORTFOLIO Y 9232 PORTFOLIO Z 924 ACCOUNTS PAYABLE TO CLIENTS 9240 PORTFOLIO X 9241 PORTFOLIO Y 9242 PORTFOLIO Z 93 CREDITOR CONTROL ACCOUNTS FOR PORTFOLIO MANAGEMENT. 930 OBLIGATIONS FOR SALE REPO OF SECURITIES 9300 PORTFOLIO 9300000 OBLIGATIONS FOR REPURCHASE OF SECURITIES 9300010 RETURNS PAYABLE FOR SALE REPO OF SECURITIES 931 OBLIGATION FOR RESALE OF SECURITIES, FROM PURCHASE REPOS. 9310 PORTFOLIO 9310000 FIXED INCOME SECURITIES 9310010 VARIABLE INCOME SECURITIES 94 CREDITOR ACCOUNTS FOR OBLIGATIONS FOR SERVICES IN INDIVIDUAL PORTFOLIO MANAGEMENT (1) 940 INVESTMENTS TO BE MADE FOR INDIVIDUAL PORTFOLIO MANAGEMENT (1) 9400 INVESTMENTS TO BE MADE FOR INDIVIDUAL PORTFOLIO MANAGEMENT (1) 941 OBLIGATIONS FOR INDIVIDUAL PORTFOLIO MANAGEMENT (1) 9410 OBLIGATIONS FOR INDIVIDUAL PORTFOLIO MANAGEMENT (1) 942 OBLIGATIONS WITH THIRD PARTIES. (1)

CDSV-11/2010
RCTG-16/2010
MANUAL AND CHART OF ACCOUNTS FOR BROKERAGE HOUSES Approval: 06/16/2010 Validity: 10/01/2010 Alameda Juan Pablo II, between 15 and 17 Av. Norte, San Salvador, El Salvador. Tel. (503) 2281-8000 www.bcr.gob.sv 9420 OBLIGATIONS FOR INDIVIDUAL PORTFOLIO MANAGEMENT (1) 9420000 OBLIGATIONS WITH THIRD PARTIES (1) 942000000 FEES PAYABLE (1) 942000010 WITHHELD INCOME TAX PAYABLE. (1) 942000020 LOANS CHARGED TO CLIENTS PAYABLE. (1) 942000050 FOR PRESCRIBED CHECKS FROM CLIENTS (1) 942000060 OTHER ACCOUNTS PAYABLE (1) 943 RETURNS IN FAVOR OF CLIENTS (1) 9430 RETURNS IN FAVOR OF CLIENTS (1) 9430000 FOR PORTFOLIO MANAGEMENT (1) 944 ACCOUNTS PAYABLE TO CLIENTS (1) 9440 ACCOUNTS PAYABLE TO CLIENTS (1) 95 CREDITOR CONTROL ACCOUNTS FOR INDIVIDUAL PORTFOLIO MANAGEMENT. (1) 950 OBLIGATIONS FOR SALE REPO OF SECURITIES (1) 9500 OBLIGATIONS FOR SALE REPO OF SECURITIES (1) 9500000 OBLIGATIONS FOR REPURCHASE OF SECURITIES (1) 9500010 RETURNS PAYABLE FOR SALE REPO OF SECURITIES (1) 951 OBLIGATION FOR RESALE OF SECURITIES, FROM PURCHASE REPOS. (1) 9510 OBLIGATION FOR RESALE OF SECURITIES, FROM PURCHASE REPOS (1) 9510000 FIXED INCOME SECURITIES (1) 9510010 VARIABLE INCOME SECURITIES (1)

TYPE CODE ACCOUNT NAME AND DESCRIPTION

ELEMENT 1 ASSET
DESCRIPTION Represents resources controlled by the company as a result of past events, and whose future economic benefits are expected to flow to the company. It includes cash on hand, bank deposits, immediate collection effects, negotiable securities, accounts and documents receivable, prepaid expenses, Property plant and equipment and other assets; as well as, the corresponding provisions for uncollectibility, for depreciation of investments, accumulated depreciation and accumulated amortizations for amortizable assets. ITEM 11 CURRENT ASSET

CDSV-11/2010
RCTG-16/2010
MANUAL AND CHART OF ACCOUNTS FOR BROKERAGE HOUSES Approval: 06/16/2010 Validity: 10/01/2010 Alameda Juan Pablo II, between 15 and 17 Av. Norte, San Salvador, El Salvador. Tel. (503) 2281-8000 www.bcr.gob.sv DESCRIPTION Represents resources controlled by the company as a result of past events, and whose future economic benefits are expected to flow to the company during a period of one year at most. It includes cash on hand, bank deposits, immediate collection effects, negotiable securities, accounts and documents receivable, prepaid expenses; as well as, the corresponding provisions for uncollectibility, for depreciation of investments. ACCOUNT 110 CASH AND ITS EQUIVALENTS DESCRIPTION This account records the cash formed by the existence of bills and coins of local circulation and foreign coins authorized by the Central Bank, which the entity maintains in the cash register of its main office and the cash for centralized minimum expense disbursements such as petty cash. SUB-ACCOUNT 1100 PETTY CASH SUB-SUBACCOUNT 1100000 BILLS AND COINS IN LOCAL CURRENCY SUB-SUBACCOUNT 1100010 BILLS AND COINS IN FOREIGN CURRENCY SUB-ACCOUNT 1101 GENERAL CASH SUB-SUBACCOUNT 1101000 BILLS AND COINS IN LOCAL CURRENCY SUB-SUBACCOUNT 1101010 BILLS AND COINS IN FOREIGN CURRENCY

CDSV-11/2010
RCTG-16/2010
MANUAL AND CHART OF ACCOUNTS FOR BROKERAGE HOUSES Approval: 06/16/2010 Validity: 10/01/2010 Alameda Juan Pablo II, between 15 and 17 Av. Norte, San Salvador, El Salvador. Tel. (503) 2281-8000 www.bcr.gob.sv Periodic verifications of cash balances must be carried out through audits, the act of which must be recorded in the relevant minutes duly signed by those responsible for their custody and the audit. Any differences that may be established must be accounted for, as appropriate.

DEBITS By income in local and/or foreign circulating currency, checks or other equivalent currency effects. By internal transfers of cash. By cash overages. CREDITS By disbursements in cash with national and/or foreign currency. By internal transfers of cash. By cash shortages. ACCOUNT 111 BANKS AND OTHER FINANCIAL INSTITUTIONS DESCRIPTION This account records the amount of checking, savings and time deposits, in national and foreign currency, that the entity maintains in banking institutions, non-banking financial intermediaries. It includes overdrafts and advances in checking accounts granted by banks. SUB-ACCOUNT 1110 BANKS AND OTHER LOCAL FINANCIAL INSTITUTIONS SUB-SUBACCOUNT 1110000 CHECKING ACCOUNT DEPOSITS

CDSV-11/2010
RCTG-16/2010
MANUAL AND CHART OF ACCOUNTS FOR BROKERAGE HOUSES Approval: 06/16/2010 Validity: 10/01/2010 Alameda Juan Pablo II, between 15 and 17 Av. Norte, San Salvador, El Salvador. Tel. (503) 2281-8000 www.bcr.gob.sv SUB-SUBACCOUNT 1110010 SAVINGS ACCOUNT DEPOSITS SUB-SUBACCOUNT 1110020 TIME DEPOSITS SUB-ACCOUNT 1111 FOREIGN BANKS AND FINANCE COMPANIES SUB-SUBACCOUNT 1111000 CHECKING ACCOUNT DEPOSITS SUB-SUBACCOUNT 1111010 SAVINGS ACCOUNT DEPOSITS SUB-SUBACCOUNT 1111020 TIME DEPOSITS In the secondary sub-accounts and corresponding analytical accounts, the amount of checking, savings and time deposits, in national and foreign circulating currency, that the entity maintains in banking and non-banking institutions will be recorded by type of entity and Account No. The deposits in banks in the checking account modality include, when applicable, the overdrafts and advances in checking accounts granted by banks. Detailing the Bank Account No. corresponding to the created analytical account. Bank overdrafts, when they occur, must be reclassified to the corresponding liability accounts.

CDSV-11/2010
RCTG-16/2010
MANUAL AND CHART OF ACCOUNTS FOR BROKERAGE HOUSES Approval: 06/16/2010 Validity: 10/01/2010 Alameda Juan Pablo II, between 15 and 17 Av. Norte, San Salvador, El Salvador. Tel. (503) 2281-8000 www.bcr.gob.sv The balances of bank accounts must be subject to reconciliation with their respective statements, the differences, as well as pending correspondence items must be regularized within a period not exceeding thirty (30) days for domestic operations and sixty (60) days for foreign operations.

DEBITS By deposits made in cash or its equivalent.
By fund transfers.
By credit notes received.
CREDITS By drawn checks.
By withdrawals made in cash or its equivalent.
By debit notes received.
By fund transfers.
ACCOUNT 112 RESTRICTED AVAILABLE
DESCRIPTION This account records deposits on which the company cannot exercise immediate availability either due to contractual effect, loans, administrative or judicial order, or other mandatory restriction provision. SUB-ACCOUNT 1120 DEPOSITS IN GUARANTEE

CDSV-11/2010
RCTG-16/2010
MANUAL AND CHART OF ACCOUNTS FOR BROKERAGE HOUSES Approval: 06/16/2010 Validity: 10/01/2010 Alameda Juan Pablo II, between 15 and 17 Av. Norte, San Salvador, El Salvador. Tel. (503) 2281-8000 www.bcr.gob.sv DESCRIPTION In this sub-account, funds intended to constitute guarantees, prior agreement of the competent bodies of the entity, are recorded to meet the requirements of its operational activities. SUB-SUBACCOUNT 1120000 GUARANTEE DEPOSITS IN LOCAL CURRENCY SUB-SUBACCOUNT 1120010 GUARANTEE DEPOSITS IN FOREIGN CURRENCY SUB-ACCOUNT 1121 OTHER RESTRICTED AVAILABILITIES DESCRIPTION In this sub-account, deposits on which the entity cannot exercise immediate availability due to judicial order or other mandatory restriction provision are recorded. SUB-SUBACCOUNT 1121000 OTHER RESTRICTED AVAILABILITIES IN LOCAL CURRENCY SUB-SUBACCOUNT 1121010 OTHER RESTRICTED AVAILABILITIES IN FOREIGN CURRENCY SUB-ACCOUNT 1122 FUNDS FOR OPENING BANK ACCOUNTS DESCRIPTION This account records the minimum own funds deposited by the Brokerage House, to open savings and current accounts to be used in securities operations, portfolio management and individual portfolio management. (1) SUB-SUBACCOUNT 1122000 BANK ACCOUNTS FOR SECURITIES OPERATIONS SUB-SUBACCOUNT 1122010 BANK ACCOUNTS FOR PORTFOLIO MANAGEMENT SUB-SUBACCOUNT 1122020 BANK ACCOUNTS FOR INDIVIDUAL PORTFOLIO MANAGEMENT (1) DEBITS By imposition of funds in guarantee. By restricted deposits. By own cash funds used to open bank accounts for securities operations of portfolio. By own cash funds used to open bank accounts for securities operations of individual portfolio management. (1) CREDITS By release of funds in guarantee. By release of deposits subject to restriction. By withdrawal of funds used to open accounts to initiate securities operations, portfolio management and individual portfolio management. (1)

CDSV-11/2010
RCTG-16/2010
MANUAL AND CHART OF ACCOUNTS FOR BROKERAGE HOUSES Approval: 06/16/2010 Validity: 10/01/2010 Alameda Juan Pablo II, between 15 and 17 Av. Norte, San Salvador, El Salvador. Tel. (503) 2281-8000 www.bcr.gob.sv ACCOUNT 113 FINANCIAL INVESTMENTS DESCRIPTION Comprises investments in securities acquired by the entity with a negotiable character, held to maturity, or available for sale, with the purpose of obtaining returns. These investments will be recorded by adding to the cost charges related to their acquisition. The value fluctuation that occurs as a consequence of the corresponding daily valuation, a provision against the gain or loss of the period must be constituted. The return generated by fixed income security investments, as soon as they accrue, must be registered

CDSV-11/2010
RCTG-16/2010
MANUAL AND CHART OF ACCOUNTS FOR BROKERAGE HOUSES Approval: 06/16/2010 Effective Date: 10/01/2010 Alameda Juan Pablo II, between 15 and 17 Norte Ave, San Salvador, El Salvador. Tel. (503) 2281-8000 www.bcr.gob.sv

in the account Earnings to be collected.

SUB-ACCOUNT 1130 INVESTMENTS HELD FOR TRADING DESCRIPTION This category includes those financial assets, measured at fair value with effect on results, that meet the following conditions: They are acquired with the objective of realizing them in the short term; they are part of a portfolio of financial investments identified and managed jointly for which there is evidence of recent activities to generate short-term profits.

Derivatives not designated as accounting hedging instruments. The classification in this item will be subject to the ease of obtaining prices for these assets in an active market or to the existence of a valuation methodology developed by an authorized entity, which may be adequate to assign a fair value to such assets. The entity will not reclassify a financial instrument into this category while it is in its possession or continues to be issued, nor will it remove any classified in this way to take it to a different category.

SUB-SUBACCOUNT 1130000 PUBLIC BONDS
SUB-SUBACCOUNT 1130010 BONDS OF PRIVATE FINANCIAL ENTITIES SUB-SUBACCOUNT 1130020 BONDS OF PRIVATE NON-FINANCIAL ENTITIES SUB-SUBACCOUNT 1130030 FOREIGN PUBLIC BONDS

SUB-SUBACCOUNT 1130040 FOREIGN PRIVATE BONDS SUB-SUBACCOUNT 1130050 COMMERCIAL PAPER SUB-SUBACCOUNT 1130060 INVESTMENT CERTIFICATES OF FINANCIAL ENTITIES SUB-SUBACCOUNT 1130070 INVESTMENT CERTIFICATES OF NON-FINANCIAL ENTITIES SUB-SUBACCOUNT 1130080 OTHER INVESTMENTS IN FIXED INCOME SECURITIES OF PUBLIC ENTITIES SUB-SUBACCOUNT 1130090 OTHER INVESTMENTS IN FIXED INCOME SECURITIES OF PRIVATE FINANCIAL ENTITIES SUB-SUBACCOUNT 1130100 OTHER INVESTMENTS IN FIXED INCOME SECURITIES OF PRIVATE NON-FINANCIAL ENTITIES SUB-SUBACCOUNT 1130110 SECURITIES IN GUARANTEE (REPURCHASE AGREEMENTS - SALE) SUB-SUBACCOUNT 1130120 SHARES SUB-SUBACCOUNT 1130130 INVESTMENTS IN PORTFOLIO MANAGEMENT SUB-SUBACCOUNT 1130140 INVESTMENTS IN SECURITIZATION FUNDS SUB-SUBACCOUNT 1130150 ETF'S AND OTHER PARTICIPATIONS SUB-SUBACCOUNT 1130160 OTHER INVESTMENTS IN VARIABLE INCOME SECURITIES SUB-SUBACCOUNT 1130170 INVESTMENTS IN INVESTMENT FUNDS SUB-SUBACCOUNT 1130180 DERIVATIVES SUB-SUBACCOUNT 1130190 REPURCHASE AGREEMENTS - PURCHASE

DEBITS For subscription or purchase, generally credited to Cash and cash equivalent accounts.

For upward fluctuations in fair value with respect to the subscription or purchase cost, crediting the results account within the income accounts for the difference between fair value and said cost in account 5124010 Changes in fair value of assets and amounts, once results are regularized at the end of the fiscal year, they will become part of the Restricted Equity account 3500020 Investments held for trading.

For the amount of accrued interest not collected at the close of different economic periods, crediting the account Interest and dividends portfolio financial investments.

CREDITS For downward fluctuations in fair value with respect to the subscription or purchase cost, debiting the results account within the expense accounts for the difference between fair value and said cost in the

FOR UNCOLLECTABILITY AND DEVALUATION OF

For sales, early amortizations, or write-offs from the securities portfolio, with debit to Cash and cash equivalent accounts and, in case of gains, crediting account 5124020 In case of losses debiting the 4270000 Financial assets and liabilities between the selling price and the price at which it was recorded at that time.

In the case of investments in foreign currency, this account will be debited or credited by the exchange rate between the previous value and the current exchange rate charged or credited to the expense results accounts

SUB-ACCOUNT 1131 INVESTMENTS HELD TO MATURITY DESCRIPTION This category may include non-derivative financial assets with fixed maturity and determinable or determinable cash flows that the entity has, from the beginning and on any subsequent date, both the positive intention and the demonstrated financial capacity to hold them until maturity. Such intention and capacity must be consistent with its risk policies and classification of financial assets.

Assets classified in this category will be recorded at their amortized cost. Amortized cost will be measured by the present value of estimated future cash flows discounted at the original effective interest rate of the financial asset(s).

SUB-SUBACCOUNT 1131000 PUBLIC BONDS
SUB-SUBACCOUNT 1131010 BONDS OF PRIVATE FINANCIAL ENTITIES SUB-SUBACCOUNT 1131020 BONDS OF PRIVATE NON-FINANCIAL ENTITIES SUB-SUBACCOUNT 1131030 FOREIGN PUBLIC BONDS SUB-SUBACCOUNT 1131040 FOREIGN PRIVATE BONDS SUB-SUBACCOUNT 1131050 COMMERCIAL PAPER SUB-SUBACCOUNT 1131060 INVESTMENT CERTIFICATES OF FINANCIAL ENTITIES SUB-SUBACCOUNT 1131070 INVESTMENT CERTIFICATES OF NON-FINANCIAL ENTITIES SUB-SUBACCOUNT 1131080 OTHER INVESTMENTS IN FIXED INCOME SECURITIES OF PUBLIC ENTITIES SUB-SUBACCOUNT 1131090 OTHER INVESTMENTS IN FIXED INCOME SECURITIES OF PRIVATE FINANCIAL ENTITIES SUB-SUBACCOUNT 1131100 OTHER INVESTMENTS IN FIXED INCOME SECURITIES OF PRIVATE NON-FINANCIAL ENTITIES SUB-SUBACCOUNT 1131110 INVESTMENTS IN SECURITIZATION FUNDS SUB-SUBACCOUNT 1131120 ETF'S AND OTHER PARTICIPATIONS SUB-SUBACCOUNT 1131130 OTHER INVESTMENTS IN VARIABLE INCOME SECURITIES SUB-SUBACCOUNT 1131140 INVESTMENTS IN INVESTMENT FUNDS SUB-SUBACCOUNT 1131150 DERIVATIVES

DEBITS For the cost of subscription or purchase with credit normally to Cash and its equivalent accounts.

For positive adjustments to amortized cost in case the acquisition cost is lower than the face value of the asset or interest is paid at maturity with credit to account 5212000 Interest and dividends income from the financial investment portfolio.

For accrued interest with credit to account 5212000 Interest and dividends income from the financial investment portfolio.

CREDITS For negative adjustments to amortized cost in case the acquisition cost is higher than the face value debiting the Interest and dividends income account for the financial investment portfolio, once accrued interest has been credited.

SUB-ACCOUNT 1132 INVESTMENTS AVAILABLE FOR SALE DESCRIPTION This category will include non-derivative financial assets that are specifically designated as available for sale, or that are not classified as a) trading b) loans and receivables, c) held to maturity or c) financial assets accounted for at fair value with changes in results. In short, it is the default investment category.

SUB-SUBACCOUNT 1132000 PUBLIC BONDS
SUB-SUBACCOUNT 1132010 BONDS OF PRIVATE FINANCIAL ENTITIES SUB-SUBACCOUNT 1132020 BONDS OF PRIVATE NON-FINANCIAL ENTITIES

SUB-SUBACCOUNT 1132030 FOREIGN PUBLIC BONDS SUB-SUBACCOUNT 1132040 FOREIGN PRIVATE BONDS SUB-SUBACCOUNT 1132050 COMMERCIAL PAPER SUB-SUBACCOUNT 1132060 INVESTMENT CERTIFICATES OF FINANCIAL ENTITIES SUB-SUBACCOUNT 1132070 INVESTMENT CERTIFICATES OF NON-FINANCIAL ENTITIES SUB-SUBACCOUNT 1132080 OTHER INVESTMENTS IN FIXED INCOME SECURITIES OF PUBLIC ENTITIES SUB-SUBACCOUNT 1132090 OTHER INVESTMENTS IN FIXED INCOME SECURITIES OF PRIVATE FINANCIAL ENTITIES SUB-SUBACCOUNT 1132100 OTHER INVESTMENTS IN FIXED INCOME SECURITIES OF PRIVATE NON-FINANCIAL ENTITIES SUB-SUBACCOUNT 1132110 SHARES SUB-SUBACCOUNT 1132120 INVESTMENTS IN PORTFOLIO MANAGEMENT SUB-SUBACCOUNT 1132130 INVESTMENTS IN SECURITIZATION FUNDS SUB-SUBACCOUNT 1132140 ETF'S AND OTHER PARTICIPATIONS SUB-SUBACCOUNT 1132150 OTHER INVESTMENTS IN VARIABLE INCOME SECURITIES SUB-SUBACCOUNT 1132160 INVESTMENTS IN INVESTMENT FUNDS SUB-SUBACCOUNT 1132170 DERIVATIVES 1132180 SUBSCRIPTIONS OF SECURITIES IN PRIMARY MARKET

DEBITS With Investments made in bank deposits or securities and repurchase operations.

CREDITS For sales, early amortizations, or write-offs from the securities portfolio, for the balance at that time with debit to Cash and its equivalents accounts for the selling price and, for the difference between this price and the initial value, in case of gains, crediting the account for sale of financial investments and, in case of loss, debiting the expense account 4270020 Financial assets available for sale of Restricted Equity Revaluation 3321 Financial assets available for sale, for the balance that would appear.

SUB-ACCOUNT 1133 RESTRICTED INVESTMENTS
DESCRIPTION Represents the value of securities pledged as collateral.

SUB-SUBACCOUNT 1133000 INVESTMENTS IN GUARANTEE

DEBITS For the nominal value of securities transferred to constitute guarantees. CREDITS For the withdrawal of securities used to constitute guarantees.

SUB-ACCOUNT 1134 (ESTIMATE FOR VALUATION OF FINANCIAL INVESTMENTS) SUB-SUBACCOUNT 1134000 INVESTMENTS HELD FOR TRADING SUB-SUBACCOUNT 1134010 INVESTMENTS AVAILABLE FOR SALE SUB-SUBACCOUNT 1134020 RESTRICTED INVESTMENTS

DEBITS For upward fluctuations in fair value with respect to cost, crediting the results and/or Equity account.

CREDITS For downward fluctuations in fair value with respect to cost, debiting the results and/or Equity account.

ACCOUNT 114 ACCOUNTS AND DOCUMENTS RECEIVABLE DESCRIPTION Comprises various rights that are directly related to the activities of the houses. It includes accounts and documents receivable from issuers, investors, Stock Exchanges, Brokerage Houses, and portfolio management (For Brokerage Houses, which are authorized in that area) for own operations and for brokerage services provided to third parties. It includes the corresponding accounts to record items that result from doubtful collectability.

As well as rights related to the marketing of participation units of Open Investment Funds, both local and foreign, when authorized to exercise such activity. (3)

Accounts and documents receivable must be evaluated at least monthly, in order to establish their recoverability, in accordance with the entity's policies. Accounts classified or classified as uncollectable by the administration and/or those that after their maturity, thirty (30) days have passed and have not been collected, must be subject to accounting reclassification as doubtful collection accounts, in the corresponding analytical accounts that include the accounts of this item, for which the corresponding provisions must be constituted.

For adequate presentation in the balance sheet, the balance of this item will be shown net of account 1147 ESTIMATE FOR UNCOLLECTABLE ACCOUNTS.

SUB-ACCOUNT 1140 ISSUERS
DESCRIPTION Represents accounts receivable from issuing entities for loans, service commissions, and other concepts. If an issuer acts as a client of the house, the accounts receivable will be handled in this sub-account.

The analytical accounts for each issuer will be opened from the secondary sub-account and in the order provided by the issuer table provided by the Superintendency.

SUB-SUBACCOUNT 1140000 LOANS
SUB-SUBACCOUNT 1140010 SERVICE COMMISSIONS SUB-SUBACCOUNT 1140020 OTHERS

SUB-ACCOUNT 1141 BROKERAGE HOUSES
DESCRIPTION Represents accounts receivable from Brokerage Houses for loans, service commissions, and other concepts.

The analytical accounts for each issuer will be opened from the secondary sub-account and in the order provided by the table of Houses provided by the Superintendency.

SUB-SUBACCOUNT 1141000 LOANS
SUB-SUBACCOUNT 1141010 SERVICE COMMISSIONS SUB-SUBACCOUNT 1141020 OTHERS

SUB-ACCOUNT 1142 INVESTORS
DESCRIPTION Represents accounts receivable from Investors for loans, service commissions, and other concepts.

Investors who are also Issuers of securities will be registered in account 1140 Issuers.

SUB-SUBACCOUNT 1142000 LOANS
SUB-SUBACCOUNT 1142010 SERVICE COMMISSIONS SUB-SUBACCOUNT 1142020 OTHERS

SUB-ACCOUNT 1143 PORTFOLIO MANAGEMENT
DESCRIPTION This sub-account represents pending values for collection for loans, service commissions, taxes, and others.

It does not imply authorization for the free granting of loans to portfolio management.

SUB-SUBACCOUNT 1143000 LOANS
SUB-SUBACCOUNT 1143010 SERVICE COMMISSIONS

SUB-SUBACCOUNT 1143020 TAXES
SUB-SUBACCOUNT 1143030 OTHERS

SUB-ACCOUNT 1144 STOCK EXCHANGE
DESCRIPTION Represents accounts receivable from the Stock Exchange for loans, service commissions, and others.

SUB-SUBACCOUNT 1144000 LOANS
SUB-SUBACCOUNT 1144010 SERVICE COMMISSIONS SUB-SUBACCOUNT 1144020 OTHERS

SUB-ACCOUNT 1145 DEPOSIT AND CUSTODY OF SECURITIES DESCRIPTION Represents accounts receivable from the Central Deposit and Custody of Securities for loans, service commissions, and others.

SUB-SUBACCOUNT 1145000 LOANS
SUB-SUBACCOUNT 1145010 SERVICE COMMISSIONS SUB-SUBACCOUNT 1145020 OTHERS

SUB-ACCOUNT 1146 OTHER ACCOUNTS RECEIVABLE DESCRIPTION Represents accounts receivable from entities that do not correspond to any of the previous concepts for interest paid in advance, advances to suppliers, indemnities for accidents, cash shortages, and other accounts receivable, but which are also not from related companies and/or officials.

SUB-SUBACCOUNT 1146000 INTEREST PAID IN ADVANCE.
DESCRIPTION Represents the value paid in advance, at the time of acquiring a fixed income security, interest that will be claimed on the date stipulated in the security.

SUB-SUBACCOUNT 1146010 ADVANCES TO SUPPLIERS SUB-SUBACCOUNT 1146020 CLAIMED INDEMNITIES FOR ACCIDENTS DESCRIPTION In this sub-account, amounts pending collection from insurance companies for accidents occurring in insured assets will be recorded.

SUB-SUBACCOUNT 1146030 CASH SHORTAGES
DESCRIPTION This account will record the value of cash shortages detected in audits and whose responsibility has not been attributed to the employee.

SUB-SUBACCOUNT 1146040 OTHER ACCOUNTS RECEIVABLE DESCRIPTION Records those accounts receivable that do not correspond to any of the previous sub-accounts.

SUB-ACCOUNT 1147 (ESTIMATE FOR UNCOLLECTABLE ACCOUNTS) DESCRIPTION This account records the estimate for accounts and documents receivable of doubtful collection. Balances that in the previous year show no movement and for which there is no evidence of the possibility of collection must be recognized as losses in the exercise in which such event is determined.

SUB-SUBACCOUNT 1147000 ISSUERS
SUB-SUBACCOUNT 1147010 BROKERAGE HOUSES
SUB-SUBACCOUNT 1147020 INVESTORS
SUB-SUBACCOUNT 1147030 PORTFOLIO MANAGEMENT SUB-SUBACCOUNT 1147040 STOCK EXCHANGE SUB-SUBACCOUNT 1147050 DEPOSIT AND CUSTODY OF SECURITIES SUB-SUBACCOUNT 1147060 OTHER ACCOUNTS RECEIVABLE

SUB-SUBACCOUNT 1147070 INDIVIDUAL PORTFOLIO MANAGEMENT (1) SUB-SUBACCOUNT 1147080 MARKETING OF PARTICIPATION UNITS OF LOCAL OPEN INVESTMENT FUNDS(3) SUB-SUBACCOUNT 1147090 MARKETING OF PARTICIPATION UNITS OF FOREIGN OPEN INVESTMENT FUNDS (3)

SUB-ACCOUNT 1148 INDIVIDUAL PORTFOLIO MANAGEMENT (1)

DESCRIPTION This sub-account represents pending values for collection for loans, service commissions, taxes, and others. (1) It does not imply authorization for the free granting of loans to individual portfolio management. (1)

SUB-SUBACCOUNT 1148000 LOANS (1)
SUB-SUBACCOUNT 1148010 SERVICE COMMISSIONS (1) SUB-SUBACCOUNT 1148020 TAXES (1) SUB-SUBACCOUNT 1148030 OTHERS (1)

DEBITS For rights generated by own operations.
For loans granted to third parties.
For payments made in excess and/or on behalf of third parties. For partial or total collection of accounts for which provisions for uncollectability risk have been constituted. For write-off of accounts classified as uncollectable and for reversal of provisions that result excessive or improper.

CREDITS For collection of rights.
For collection of loans granted.
For collection or reimbursement of payments made in excess and/or on behalf of third parties. For write-off of accounts classified as uncollectable. For constitution of provisions for accounts classified as doubtful collectability.

SUB-ACCOUNT 1149 MARKETING OF PARTICIPATION UNITS OF OPEN INVESTMENT FUNDS (3) DESCRIPTION Represents the sub-accounts receivable from the Investment Fund Manager for the concept of service commissions for marketing of participation units of Open Investment Funds, both Local and Foreign and others. (3)

SUB-SUBACCOUNT 1149000 COMMISSIONS FOR MARKETING OF PARTICIPATION UNITS OF LOCAL OPEN INVESTMENT FUNDS (3) SUB-SUBACCOUNT 1149010 COMMISSIONS FOR MARKETING OF PARTICIPATION UNITS OF FOREIGN OPEN INVESTMENT FUNDS (3) SUB-SUBACCOUNT 1149020 OTHERS (3)

DEBITS For rights generated by the marketing of participation units of open investment funds, both local and foreign. (3) CREDITS For collection of rights. (3)

ACCOUNT 115 RELATED ACCOUNTS AND DOCUMENTS RECEIVABLE DESCRIPTION In this account, the entity's rights are recorded, which the entity will collect shortly from companies, employees, shareholders, and others with whom it is related.

SUB-ACCOUNT 1150 ACCOUNTS AND DOCUMENTS RECEIVABLE FROM EMPLOYEES SUB-SUBACCOUNT 1150000 SALARY ADVANCES SUB-SUBACCOUNT 1150010 SHORT-TERM LOANS SUB-SUBACCOUNT 1150020 OTHERS

SUB-ACCOUNT 1151 ACCOUNTS AND DOCUMENTS RECEIVABLE FROM DIRECTORS AND SHAREHOLDERS SUB-SUBACCOUNT 1151000 LOANS TO DIRECTORS SUB-SUBACCOUNT 1151010 LOANS TO SHAREHOLDERS SUB-SUBACCOUNT 1151020 OTHERS

SUB-ACCOUNT 1152 ACCOUNTS AND DOCUMENTS RECEIVABLE FROM RELATED COMPANIES SUB-SUBACCOUNT 1152000 LOANS SUB-SUBACCOUNT 1152010 COMMISSIONS FOR SERVICES SUB-SUBACCOUNT 1152020 OTHERS

CHARGES For the entity's rights with related parties.
For the transfer of accounts and documents receivable from related parties considered doubtful of collectability.

CREDITS For credits or payments received by the entity from related parties. For the write-off of RELATED ACCOUNTS AND DOCUMENTS RECEIVABLE. For the partial or total collection of doubtful accounts. For the write-off of accounts classified as uncollectible.

SUB-ACCOUNT 1153 ESTIMATE FOR UNCOLLECTIBLE ACCOUNTS

SUB-SUBACCOUNT 1153000 ACCOUNTS AND DOCUMENTS RECEIVABLE FROM EMPLOYEES SUB-SUBACCOUNT 1153010 ACCOUNTS AND DOCUMENTS RECEIVABLE FROM DIRECTORS AND SHAREHOLDERS SUB-SUBACCOUNT 1153020 ACCOUNTS AND DOCUMENTS RECEIVABLE FROM RELATED COMPANIES

CHARGES For the write-off of accounts classified as uncollectible, for the reversal of provisions that are excessive or improper. CREDITS For the establishment of provisions for accounts classified as doubtful of collectability.

ACCOUNT 116 INCOME RECEIVABLE
DESCRIPTION This account records income accrued from interest receivable on deposited, invested, or loaned capital, and rights generated by participation in profits corresponding to investments in other companies. In the corresponding sub-accounts and analytical accounts, accrued income receivable will be recorded for cash, FINANCIAL INVESTMENTS, accounts and documents receivable according to their respective modality. Income from accounts from the date they are considered doubtful of collectability must reverse the income recognition entry, at the moment uncollectibility is established.

SUB-ACCOUNT 1160 LOCAL BANKS AND OTHER FINANCIAL INSTITUTIONS SUB-SUBACCOUNT 1160000 INCOME RECEIVABLE IN LOCAL CURRENCY (M.L.)

SUB-SUBACCOUNT 1160010 INCOME RECEIVABLE IN FOREIGN CURRENCY (M.E.)

SUB-ACCOUNT 1161 INCOME RECEIVABLE FROM FINANCIAL INVESTMENTS SUB-SUBACCOUNT 1161000 INVESTMENT IN FIXED INCOME SECURITIES SUB-SUBACCOUNT 1161010 INVESTMENTS IN VARIABLE INCOME SECURITIES SUB-SUBACCOUNT 1161020 INVESTMENTS IN COLLECTIVE FUNDS SUB-SUBACCOUNT 1161030 REPURCHASE AGREEMENTS (REPORTOS) SUB-SUBACCOUNT 1161040 DERIVATIVES SUB-SUBACCOUNT 1161050 SUBSCRIPTIONS OF SECURITIES IN THE PRIMARY MARKET

CHARGES For accrued but pending interest and commissions.
For declared but pending dividends.
CREDITS For the collection of interest, commissions, dividends, and others.

ACCOUNT 117 TAXES
DESCRIPTION This account records advance payments of income tax made by the entity, which will be applied at the close of the accounting period or fiscal year. It also records the tax credit for Value Added Tax (VAT), which must be netted monthly with the Fiscal Debit account.

SUB-ACCOUNT 1170 VAT, TAX CREDIT
SUB-SUBACCOUNT 1170000 VAT, TAX CREDIT
SUB-SUBACCOUNT 1170010 ADVANCE VAT TAX WITHHELD

DESCRIPTION This account records the amount of deposits in checking, savings, and time accounts, in national and foreign currency, that the entity maintains in banking institutions and non-banking financial intermediaries. It includes overdrafts and current account advances granted by banks.

SUB-SUBACCOUNT 1170020 VAT TAX COLLECTED DESCRIPTION Represents the percentage collected by third parties from the Brokerage House, as VAT tax calculated on the net value of purchases made from said subjects, and constitutes an advance of future fiscal debits, which is settled when presenting the corresponding monthly declaration.

SUB-SUBACCOUNT 1170030 OTHER WITHHOLDINGS DESCRIPTION Its balance represents withholdings made by third parties from the Brokerage House, as VAT tax, under any modality other than the previous classifications.

SUB-ACCOUNT 1171 INCOME TAX
SUB-SUBACCOUNT 1171000 ADVANCE PAYMENT OF INCOME TAX DESCRIPTION Records expenditures made by the brokerage house for advance payments of income tax in fiscal periods not yet ended.

SUB-SUBACCOUNT 1171010 TAX CREDIT OF INCOME TAX

DESCRIPTION Its balance represents tax credit for income tax generated, when the advance payment during a certain year is greater than the final tax assessed by the General Directorate of Taxes.

SUB-SUBACCOUNT 1171020 WITHHELD INCOME TAX DESCRIPTION For amounts withheld by third parties as an advance payment of VAT tax, tax collected, and other withholdings distinct from the previous ones made to the Brokerage House. It represents tax withheld by third parties from the brokerage house, which will be settled when presenting the final income tax declaration.

CHARGES For the accounting of payments made in advance of income tax. For VAT tax credit amounts. For VAT amounts withheld by VAT withholding agents. CREDITS For the settlement of income tax paid in advance at the close of the fiscal year. For the monthly payment, settled against the VAT fiscal debit generated in the corresponding period or the generation of the remainder of the next period.

ACCOUNT 118 PREPAID EXPENSES

DESCRIPTION Comprises various expenses paid in advance for the acquisition of goods or services, which will be used or compensated on a date subsequent to the close of the fiscal year and are directly related to the activities of the Brokerage Houses. It includes prepaid rents and insurance, bond premiums, office supplies and stationery, prepaid subscriptions, advertising and marketing, and prepaid taxes. Whose maturity period is greater than two months.

SUB-ACCOUNT 1180 PREPAID EXPENSES FOR SERVICES SUB-SUBACCOUNT 1180000 PREPAID RENTS SUB-SUBACCOUNT 1180010 PREPAID INSURANCE SUB-SUBACCOUNT 1180020 BOND PREMIUMS SUB-SUBACCOUNT 1180030 PREPAID SUBSCRIPTIONS SUB-SUBACCOUNT 1180040 ADVERTISING AND MARKETING SUB-SUBACCOUNT 1180050 COMMUNICATIONS. SUB-SUBACCOUNT 1180060 AUDIT COST. SUB-SUBACCOUNT 1180070 MEMBERSHIP FEES SUB-SUBACCOUNT 1180080 OTHER EXPENSES FOR SERVICES PAID IN ADVANCE

SUB-ACCOUNT 1181 DEFERRED INCOME TAX
SUB-SUBACCOUNT 1181000 VALUATION PROVISION SUB-SUBACCOUNT 1181010 OTHER PROVISIONS

SUB-ACCOUNT 1182 PREPAID EXPENSES FOR MATERIALS SUB-SUBACCOUNT 1182000 OFFICE SUPPLIES AND STATIONERY

CHARGES For disbursements made for services not yet received and consumed, attributable to future fiscal years. CREDITS For services received and consumed, attributable to future fiscal years.

ITEM 12 NON-CURRENT ASSET
DESCRIPTION Comprises the tangible properties used by the company for the development of its activities. They present as characteristics a relatively long useful life, are not the object of routine transfer operations, and are subject to revaluations, depreciation, and impairments. It also includes acquisitions, not for sale, of investments in securities or physical goods, for which the valuation criteria of Financial Investments apply. Non-current assets include rights that do not constitute assets in the full sense of the word, such as intangible assets. In no case shall repairs, refits, and other maintenance expenses that do not substantially modify the form and conditions of use of the goods be capitalized. Goods with a useful life of less than one year are excluded, which due to their insignificance, are preferably charged directly to results and whose inventory can be registered in off-balance sheet accounts.

For adequate presentation in the Balance Sheet, the balance of this item shall be shown net of the accumulated depreciation of the accounts that comprise it. Goods received under financial lease are recorded in this account, and the relevant depreciation, amortization of the debt, and financial charges and other expenses related to the contract must be tracked in the pertinent accounts.

ACCOUNT 120 REAL ESTATE
DESCRIPTION This account records the value of the land of the different real estate properties of the entity that are destined for the development of its activities.

SUB-ACCOUNT 1200 LAND
SUB-SUBACCOUNT 1200000 LAND
SUB-SUBACCOUNT 1200010 LAND REVALUATION
SUB-SUBACCOUNT 1200020 ACCUMULATED IMPAIRMENT OF LAND

SUB-ACCOUNT 1201 BUILDINGS
SUB-SUBACCOUNT 1201000 BUILDINGS
SUB-SUBACCOUNT 1201010 BUILDINGS REVALUATION SUB-SUBACCOUNT 1201020 ACCUMULATED DEPRECIATION OF BUILDINGS SUB-SUBACCOUNT 1201030 ACCUMULATED IMPAIRMENT OF BUILDINGS

SUB-ACCOUNT 1202 INSTALLATIONS
SUB-SUBACCOUNT 1202000 INSTALLATIONS
SUB-SUBACCOUNT 1202010 INSTALLATIONS REVALUATION SUB-SUBACCOUNT 1202020 ACCUMULATED DEPRECIATION OF INSTALLATIONS

SUB-SUBACCOUNT 1202030 ACCUMULATED IMPAIRMENT OF INSTALLATIONS

CHARGES For the acquisition cost or fair value of real estate and installation goods. For revalued values, according to expert appraisal and prior approval of the supervisory entity. CREDITS For the sale of real estate and installation goods. For the realization of revaluations. For the loss of impairment of value produced by the amount that exceeds its book value by its recoverable amount. For the accumulated depreciation of buildings, installations, and other types of real estate.

ACCOUNT 121 FURNITURE

SUB-ACCOUNT 1210 VEHICLES
DESCRIPTION This account records the vehicles owned by the entity, for the development of its activities, net of accumulated depreciation and impairment.

SUB-SUBACCOUNT 1210000 VEHICLES.
SUB-SUBACCOUNT 1210010 VEHICLES REVALUATION SUB-SUBACCOUNT 1210020 ACCUMULATED DEPRECIATION OF VEHICLES SUB-SUBACCOUNT 1210030 ACCUMULATED IMPAIRMENT OF VEHICLES

SUB-ACCOUNT 1211 FURNITURE AND EQUIPMENT DESCRIPTION This account records the furniture and equipment, to be used in the operations carried out by the entity; net of accumulated depreciation and impairment for furniture and equipment.

SUB-SUBACCOUNT 1211000 OFFICE FURNITURE

SUB-SUBACCOUNT 1211010 COMPUTING EQUIPMENT SUB-SUBACCOUNT 1211020 OTHER OFFICE EQUIPMENT SUB-SUBACCOUNT 1211030 COMMUNICATION EQUIPMENT SUB-SUBACCOUNT 1211040 SECURITY EQUIPMENT SUB-SUBACCOUNT 1211050 OTHER EQUIPMENT SUB-SUBACCOUNT 1211060 ACCUMULATED DEPRECIATION OF FURNITURE AND EQUIPMENT SUB-SUBACCOUNT 1211070 ACCUMULATED IMPAIRMENT OF FURNITURE AND EQUIPMENT

SUB-ACCOUNT 1212 GOODS TAKEN UNDER FINANCIAL LEASE DESCRIPTION This account records goods received under financial lease, to be used by the entity in the development of its activities, net of accumulated depreciation and impairment for goods taken under financial lease.

SUB-SUBACCOUNT 1212000 REAL ESTATE TAKEN UNDER FINANCIAL LEASE SUB-SUBACCOUNT 1212010 OFFICE FURNITURE AND EQUIPMENT TAKEN UNDER FINANCIAL LEASE SUB-SUBACCOUNT 1212020 TRANSPORT EQUIPMENT TAKEN UNDER FINANCIAL LEASE SUB-SUBACCOUNT 1212030 OTHER GOODS TAKEN UNDER FINANCIAL LEASE SUB-SUBACCOUNT 1212040 ACCUMULATED DEPRECIATION OF GOODS TAKEN UNDER FINANCIAL LEASE SUB-SUBACCOUNT 1212050 ACCUMULATED IMPAIRMENT OF GOODS TAKEN UNDER FINANCIAL LEASE

SUB-ACCOUNT 1213 OTHER ASSETS FOR DIVERSE USE

DESCRIPTION This account records the value of works of art, the library, and other company assets, net of accumulated depreciation for other assets for diverse use.

SUB-SUBACCOUNT 1213000 WORKS OF ART
SUB-SUBACCOUNT 1213010 LIBRARY
SUB-SUBACCOUNT 1213020 OTHER ASSETS
SUB-SUBACCOUNT 1213030 ACCUMULATED DEPRECIATION OF OTHER ASSETS FOR DIVERSE USE SUB-SUBACCOUNT 1213040 ACCUMULATED IMPAIRMENT OF OTHER ASSETS FOR DIVERSE USE

SUB-ACCOUNT 1214 INVESTMENT PROPERTIES
DESCRIPTION In the accounts of this item, properties (land or buildings, or part of a building, or both), maintained (by the owner or by the lessee in a financial lease), must be recorded, with the aim of obtaining rents or capital gains or both and not for use in the production or supply of goods and services, for administrative purposes, nor for sale in the ordinary course of its operations; Such investment properties will be measured initially at cost, transaction costs associated with the transaction will be included in the initial valuation, after initial recognition it will value the assets by the cost model, that is, valuation at cost less accumulated depreciation and any accumulated impairment loss.

SUB-SUBACCOUNT 1214000 LAND
SUB-SUBACCOUNT 1214010 BUILDINGS

SUB-SUBACCOUNT 1214020 ACCUMULATED DEPRECIATION OF INVESTMENT PROPERTIES SUB-SUBACCOUNT 1214030 ACCUMULATED IMPAIRMENT OF INVESTMENT PROPERTIES

For the acquisition cost of real estate goods.
CHARGES For the accounting cost of goods taken under financial lease. For revalued values, according to expert appraisal and prior approval of the Superintendence of the Financial System. (1) The sub-account corresponding to depreciation is charged at the time of alienating the asset that caused the depreciation. For the reversal of accumulated depreciation due to the withdrawal of the good taken under financial lease. For the transfer to the corresponding account of the accumulated depreciation at the end of the financial lease contract. At the time of purchase, at its acquisition value, with credit to Cash and its equivalents or accounts payable. In the case of reversal of impairment, with credit to the Income account Reversals of asset impairment. Depreciation will be debited in case of intention to sell by reclassifying the asset to which it is affected, crediting the account in the corresponding heading. CREDITS For the sale of real estate goods.

For the transfer of the recorded amount of goods taken under financial lease upon conclusion of the contract. For the realization of revaluations. The sub-account corresponding to depreciation is charged by the annual depreciation of the good, except for land, depreciation can be recognized by obsolescence, use, physical wear, or simply by the passage of time. Works of art are not depreciated. In the case of destruction or loss of value due to impairment, with debit to the expense account 4133 Losses from asset impairment, as applicable. It will be credited by monthly recognition, with debit to the corresponding expense account of depreciation accounts. For the loss of impairment of value produced by the amount that exceeds its book value by its recoverable amount.

ACCOUNT 122 IMPROVEMENTS IN PROPERTY PLANT AND EQUIPMENT DESCRIPTION This account records the value of improvements in the entity's properties, which are destined for the development of the company's activities. Expenditures that significantly prolong the life of the capitalized good and represent material balances will be recorded as improvements.

SUB-ACCOUNT 1220 IMPROVEMENTS

SUB-SUBACCOUNT 1220000 ON LAND
SUB-SUBACCOUNT 1220010 ON BUILDINGS
SUB-SUBACCOUNT 1220020 ON INSTALLATIONS
SUB-SUBACCOUNT 1220030 ON VEHICLES
SUB-SUBACCOUNT 1220040 IMPROVEMENTS IN OTHER ASSETS SUB-SUBACCOUNT 1220050 ACCUMULATED DEPRECIATION OF IMPROVEMENTS

CHARGES For improvements and capitalizable expenses that represent a greater value of the asset. For the revaluation of goods. For the reduction of accumulated depreciation accounted for when it is taken out of use, a write-off or sale occurs. CREDITS For the cost of withdrawn or transferred goods. For the accounting of accumulated depreciation.

ACCOUNT 123 LONG-TERM FINANCIAL INVESTMENTS DESCRIPTION Comprises investments in securities acquired by the entity for a period greater than one year, negotiable in nature, held to maturity, or available for sale, with the purpose of obtaining returns. These investments will be recorded by adding to the cost the charges related to their acquisition. The value fluctuation that occurs as a consequence of the corresponding daily valuation, a provision against the gain or loss of the fiscal year must be established.

The income generated by investments in fixed income securities, as soon as they accrue, must be recorded in the Income Receivable account.

SUB-ACCOUNT 1230 INVESTMENTS HELD FOR TRADING DESCRIPTION This category includes those financial assets, measured at fair value with effect on results, that meet the following conditions: They are acquired with the objective of realizing them in the short term; they are part of a portfolio of financial investments identified and managed jointly for which there is evidence of recent actions to generate short-term gains. Derivatives not designated as accounting hedge instruments. The classification in this item is subject to the ease of obtaining prices for these assets within an active market or the existence of a valuation methodology developed by an authorized entity, which may be adequate to assign a fair value to such assets. The entity will not reclassify a financial instrument into this category while it is in its possession or continues to be issued, nor will it remove any classified in this way to take it to a different category.

SUB-SUBACCOUNT 1230000 PUBLIC BONDS
SUB-SUBACCOUNT 1230010 BONDS OF PRIVATE FINANCIAL ENTITIES SUB-SUBACCOUNT 1230020 BONDS OF PRIVATE NON-FINANCIAL ENTITIES

SUB-SUBACCOUNT 1230030 FOREIGN PUBLIC BONDS SUB-SUBACCOUNT 1230040 FOREIGN PRIVATE BONDS SUB-SUBACCOUNT 1230050 MARKETABLE PAPER SUB-SUBACCOUNT 1230060 INVESTMENT CERTIFICATES OF FINANCIAL ENTITIES SUB-SUBACCOUNT 1230070 INVESTMENT CERTIFICATES OF NON-FINANCIAL ENTITIES SUB-SUBACCOUNT 1230080 OTHER INVESTMENTS IN FIXED INCOME SECURITIES OF PUBLIC ENTITIES SUB-SUBACCOUNT 1230090 OTHER INVESTMENTS IN FIXED INCOME SECURITIES OF PRIVATE FINANCIAL ENTITIES SUB-SUBACCOUNT 1230100 OTHER INVESTMENTS IN FIXED INCOME SECURITIES OF PRIVATE NON-FINANCIAL ENTITIES SUB-SUBACCOUNT 1230110 SHARES SUB-SUBACCOUNT 1230120 INVESTMENTS IN PORTFOLIO MANAGEMENT SUB-SUBACCOUNT 1230130 INVESTMENTS IN SECURITIZATION FUNDS SUB-SUBACCOUNT 1230140 ETFs AND OTHER PARTICIPATIONS SUB-SUBACCOUNT 1230150 OTHER INVESTMENTS IN VARIABLE INCOME SECURITIES SUB-SUBACCOUNT 1230160 INVESTMENTS IN INVESTMENT FUNDS SUB-SUBACCOUNT 1230170 DERIVATIVES

DEBITS For subscription or purchase, usually credited to Cash and cash equivalent accounts.

For upward fluctuations in fair value with respect to the cost of subscription or purchase, crediting the income statement within income accounts for the difference between fair value and said cost in account 5124010 Changes in fair value of financial assets and liabilities.

amounts, once results are adjusted at the end of the fiscal year, will become part of Restricted Equity account 3500020 Investments held for trading.

For the amount of accrued interest not collected at close of the different economic periods crediting the Interest and dividends account for financial investment portfolio.

CREDITS For downward fluctuations in fair value with respect to the cost of subscription or purchase, debiting the income statement within expense accounts for the difference between fair value and said cost in

FOR UNCOLLECTABILITY AND
DEPRECIATION OF
.

For sales, early amortizations or removal from the securities portfolio, with debit to Cash and cash equivalent accounts and, in case of gains, crediting account 5124020 In case of losses, debiting the Financial assets and liabilities between the sale price and by which it was recorded at that time.

In the case of investments in foreign currency, this account will be debited or credited by the exchange rate between the previous value and the current exchange rate with charge or credit to the income statement expense

SUB-ACCOUNT 1231 INVESTMENTS HELD TO MATURITY

DESCRIPTION In this category, non- derivative financial assets with fixed maturity and determinable or determinable cash flows that the entity has, from the beginning and at any date thereafter, both the positive intention and the demonstrated financial capacity to hold them until maturity. Such intention and capacity must be consistent with its risk policies and asset classification policies.

Assets classified in this category will be recorded at amortized cost. Amortized cost is measured by the present value of estimated future cash flows discounted at the effective interest rate

original of the financial asset(s).

SUB-SUBACCOUNT 1231000 PUBLIC BONDS
SUB-SUBACCOUNT 1231010 BONDS OF PRIVATE FINANCIAL ENTITIES SUB-SUBACCOUNT 1231020 BONDS OF PRIVATE NON-FINANCIAL ENTITIES SUB-SUBACCOUNT 1231030 FOREIGN PUBLIC BONDS SUB-SUBACCOUNT 1231040 FOREIGN PRIVATE BONDS SUB-SUBACCOUNT 1231050 MARKETABLE PAPER SUB-SUBACCOUNT 1231060 INVESTMENT CERTIFICATES OF FINANCIAL ENTITIES SUB-SUBACCOUNT 1231070 INVESTMENT CERTIFICATES OF NON-FINANCIAL ENTITIES SUB-SUBACCOUNT 1231080 OTHER INVESTMENTS IN FIXED INCOME SECURITIES OF PUBLIC ENTITIES SUB-SUBACCOUNT 1231090 OTHER INVESTMENTS IN FIXED INCOME SECURITIES OF PRIVATE FINANCIAL ENTITIES SUB-SUBACCOUNT 1231100 OTHER INVESTMENTS IN FIXED INCOME SECURITIES OF PRIVATE NON-FINANCIAL ENTITIES SUB-SUBACCOUNT 1231110 INVESTMENTS IN SECURITIZATION FUNDS SUB-SUBACCOUNT 1231120 ETFs AND OTHER PARTICIPATIONS SUB-SUBACCOUNT 1231130 OTHER INVESTMENTS IN VARIABLE INCOME SECURITIES SUB-SUBACCOUNT 1231140 INVESTMENTS IN INVESTMENT FUNDS SUB-SUBACCOUNT 1231150 DERIVATIVES

DEBITS For the cost of subscription or purchase with credit normally to Cash and cash equivalent accounts.

For positive adjustments to amortized cost in case that the acquisition cost is lower than the face value of the asset or interest is paid at maturity with credit to account 5212000 Income Interest and dividends from the financial investment portfolio.

For accrued interest with credit to account 5212000 Income Interest and dividends of the financial investment portfolio.

CREDITS For negative adjustments to amortized cost in case that the acquisition cost is higher than the face value debiting the Income Interest and dividends account for financial investment portfolio, once accrued interest has been credited.

SUB-ACCOUNT 1232 AVAILABLE-FOR-SALE INVESTMENTS

DESCRIPTION This category will include non-derivative financial assets that are specifically designated as available for sale, or that are not classified as a) trading b) loans and receivables, c) investments held to maturity or d) financial assets measured at fair value through profit or loss. Ultimately, it is the default investment category.

SUB-SUBACCOUNT 1232000 PUBLIC BONDS
SUB-SUBACCOUNT 1232010 BONDS OF PRIVATE FINANCIAL ENTITIES SUB-SUBACCOUNT 1232020 BONDS OF PRIVATE NON-FINANCIAL ENTITIES SUB-SUBACCOUNT 1232030 FOREIGN PUBLIC BONDS

SUB-SUBACCOUNT 1232040 FOREIGN PRIVATE BONDS SUB-SUBACCOUNT 1232050 MARKETABLE PAPER SUB-SUBACCOUNT 1232060 INVESTMENT CERTIFICATES OF FINANCIAL ENTITIES SUB-SUBACCOUNT 1232070 INVESTMENT CERTIFICATES OF NON-FINANCIAL ENTITIES SUB-SUBACCOUNT 1232080 OTHER INVESTMENTS IN FIXED INCOME SECURITIES OF PUBLIC ENTITIES SUB-SUBACCOUNT 1232090 OTHER INVESTMENTS IN FIXED INCOME SECURITIES OF PRIVATE FINANCIAL ENTITIES SUB-SUBACCOUNT 1232100 OTHER INVESTMENTS IN FIXED INCOME SECURITIES OF PRIVATE NON-FINANCIAL ENTITIES SUB-SUBACCOUNT 1232110 SHARES SUB-SUBACCOUNT 1232120 INVESTMENTS IN PORTFOLIO MANAGEMENT SUB-SUBACCOUNT 1232130 INVESTMENTS IN SECURITIZATION FUNDS SUB-SUBACCOUNT 1232140 ETFs AND OTHER PARTICIPATIONS SUB-SUBACCOUNT 1232150 OTHER INVESTMENTS IN VARIABLE INCOME SECURITIES SUB-SUBACCOUNT 1232160 INVESTMENTS IN INVESTMENT FUNDS SUB-SUBACCOUNT 1232170 DERIVATIVES

DEBITS With Investments made in bank deposits or securities and repurchase agreements.

CREDITS For sales, early amortizations or removal from the securities portfolio, for the balance at that time with debit to Cash and cash equivalents for the sale price and, for the difference between this price and the initial value, in case of gains, crediting the account for sale of financial investments and, in case of loss, debiting the expense account 4270020 Financial assets available for sale to Restricted Equity Revaluation 3321 Financial assets available for sale, for the balance shown.

SUB-ACCOUNT 1233 RESTRICTED INVESTMENTS

DESCRIPTION Represents the value of securities pledged as collateral.

SUB-SUBACCOUNT 1233000 INVESTMENTS IN COLLATERAL

DEBITS For the nominal value of the securities transferred to constitute guarantees.

CREDITS For the withdrawal of the securities used to constitute guarantees.

SUB-ACCOUNT 1234 (ESTIMATE FOR VALUATION OF FINANCIAL INVESTMENTS) SUB-SUBACCOUNT 1234000 INVESTMENTS HELD FOR TRADING SUB-SUBACCOUNT 1234010 INVESTMENTS AVAILABLE FOR SALE SUB-SUBACCOUNT 1234020 RESTRICTED INVESTMENTS

DEBITS For upward fluctuations in fair value with respect to cost, crediting the income statement and/or Equity.

CREDITS For downward fluctuations in fair value with respect to cost, debiting the income statement and/or Equity.

ACCOUNT 124 LONG-TERM ACCOUNTS AND DOCUMENTS RECEIVABLE

DESCRIPTION Comprises various rights that are directly related to the activity of the houses. Includes accounts and documents receivable from issuers, investors, Stock Exchanges, Brokerage Houses, and portfolio management (For Brokerage Houses that are authorized in that area) for own operations and for brokerage services provided to third parties. Includes the accounts corresponding to record items that result from doubtful collectability. All the above accounts with a maturity greater than one year.

Accounts and documents receivable must be evaluated at least monthly, in order to establish their recoverability, in accordance with the policies established by the entity. Accounts qualified or classified as uncollectible by the administration and/or those that after their maturity, thirty (30) days have passed and have not been collected, must be subject to accounting reclassification as accounts doubtful of collection, in the corresponding analytical accounts that include the accounts of this item, for which the corresponding provisions must be established.

For adequate presentation in the balance sheet, the balance of this item will be shown net of account 1236 ESTIMATE FOR UNCOLLECTABLE ACCOUNTS.

SUB-ACCOUNT 1240 ISSUERS
SUB-SUBACCOUNT 1240000 LOANS
SUB-SUBACCOUNT 1240010 OTHERS

SUB-ACCOUNT 1241 BROKERAGE HOUSES
SUB-SUBACCOUNT 1241000 LOANS
SUB-SUBACCOUNT 1241010 OTHERS

SUB-ACCOUNT 1242 INVESTORS
SUB-SUBACCOUNT 1242000 LOANS
SUB-SUBACCOUNT 1242010 OTHERS

SUB-ACCOUNT 1243 STOCK EXCHANGE
SUB-SUBACCOUNT 1243000 LOANS
SUB-SUBACCOUNT 1243010 OTHERS

SUB-ACCOUNT 1244 DEPOSIT AND CUSTODY OF SECURITIES SUB-SUBACCOUNT 1244000 LOANS SUB-SUBACCOUNT 1244010 OTHERS

SUB-ACCOUNT 1245 OTHER LONG-TERM ACCOUNTS RECEIVABLE SUB-SUBACCOUNT 1245000 INTEREST PAID IN ADVANCE SUB-SUBACCOUNT 1245010 ADVANCES SUB-SUBACCOUNT 1245020 INDEMNITIES CLAIMED FOR CLAIMS SUB-SUBACCOUNT 1245030 CASH SHORTAGES SUB-SUBACCOUNT 1245040 OTHER ACCOUNTS RECEIVABLE

SUB-ACCOUNT 1246 ESTIMATE FOR UNCOLLECTABLE ACCOUNTS SUB-SUBACCOUNT 1246000 ISSUERS

SUB-SUBACCOUNT 1246010 BROKERAGE HOUSES
SUB-SUBACCOUNT 1246020 INVESTORS
SUB-SUBACCOUNT 1246030 STOCK EXCHANGE
SUB-SUBACCOUNT 1246040 DEPOSIT AND CUSTODY OF SECURITIES SUB-SUBACCOUNT 1246050 OTHER ACCOUNTS RECEIVABLE

DEBITS For rights generated by own operations to clients.

For loans granted to favor of third parties.

For payments made in excess and/or on behalf of third parties.

For partial or total collection of accounts to which provisions for risk of uncollectability have been established.

For the reversal of provisions that result excessive or improper.

CREDITS For the collection of rights.

For the collection of loans granted.

For the collection or refund of payments made in excess and/or on behalf of third parties.

For the write-off of accounts qualified as uncollectible.

ACCOUNT 125 LONG-TERM RELATED ACCOUNTS AND DOCUMENTS RECEIVABLE

DESCRIPTION In this account, the entity's rights are recorded, which the entity will collect shortly from companies, employees, shareholders and others with whom it is related whose maturity term is greater than one year.

SUB-ACCOUNT 1250 ACCOUNTS AND DOCUMENTS RECEIVABLE FROM EMPLOYEES

SUB-SUBACCOUNT 1250000 LOANS
SUB-SUBACCOUNT 1250010 OTHERS

SUB-ACCOUNT 1251 ACCOUNTS AND DOCUMENTS RECEIVABLE FROM SHAREHOLDERS AND DIRECTORS SUB-SUBACCOUNT 1251000 LOANS TO DIRECTORS SUB-SUBACCOUNT 1251010 LOANS TO SHAREHOLDERS SUB-SUBACCOUNT 1251020 OTHERS

SUB-ACCOUNT 1252 ACCOUNTS AND DOCUMENTS RECEIVABLE FROM RELATED COMPANIES SUB-SUBACCOUNT 1252000 LOANS SUB-SUBACCOUNT 1252010 OTHERS

SUB-ACCOUNT 1253 ESTIMATE FOR UNCOLLECTABLE ACCOUNTS SUB-SUBACCOUNT 1253000 ACCOUNTS AND DOCUMENTS RECEIVABLE FROM EMPLOYEES SUB-SUBACCOUNT 1253010 ACCOUNTS AND DOCUMENTS RECEIVABLE FROM SHAREHOLDERS SUB-SUBACCOUNT 1253020 ACCOUNTS AND DOCUMENTS RECEIVABLE FROM RELATED COMPANIES

DEBITS For the entity's rights with related parties.

For the transfer of accounts and documents receivable related considered doubtful of collectability.

CREDITS For credits or payments received by the entity from related parties.

For the write-off of RELATED ACCOUNTS AND DOCUMENTS RECEIVABLE.

For the partial or total collection of doubtful accounts.

For the write-off of accounts qualified as uncollectible.

ACCOUNT 126 INTANGIBLE ASSETS

DESCRIPTION It is an identifiable, non-monetary asset without physical appearance, which is held for use in the production, supply of goods and services, for lease to third parties or for functions related to administration. Those that are identifiable, without physical substance, used for the provision of information storage services or for administrative purposes, which will generate future economic benefits controlled by the entity.

SUB-ACCOUNT 1260 EXERCISE RIGHTS OF STOCK EXCHANGE BOOTH SUB-SUBACCOUNT 1260000 EXERCISE RIGHTS OF STOCK EXCHANGE BOOTH SUB-SUBACCOUNT 1260010 ACCUMULATED AMORTIZATION OF EXERCISE RIGHTS OF STOCK EXCHANGE BOOTH SUB-SUBACCOUNT 1260020 ACCUMULATED IMPAIRMENT OF EXERCISE RIGHTS OF STOCK EXCHANGE BOOTH

SUB-ACCOUNT 1261 LICENSES AND CONCESSIONS SUB-SUBACCOUNT 1261000 LICENSES AND CONCESSIONS SUB-SUBACCOUNT 1261010 ACCUMULATED AMORTIZATION OF LICENSES AND CONCESSIONS SUB-SUBACCOUNT 1261020 ACCUMULATED IMPAIRMENT OF LICENSES AND CONCESSIONS

SUB-ACCOUNT 1262 COMPUTER PROGRAMS
SUB-SUBACCOUNT 1262000 COMPUTER PROGRAMS SUB-SUBACCOUNT 1262010 ACCUMULATED AMORTIZATION OF COMPUTER PROGRAMS SUB-SUBACCOUNT 1262020 ACCUMULATED IMPAIRMENT OF COMPUTER PROGRAMS

SUB-ACCOUNT 1263 FRANCHISES
SUB-SUBACCOUNT 1263000 FRANCHISES
SUB-SUBACCOUNT 1263010 ACCUMULATED AMORTIZATION OF FRANCHISES

SUB-SUBACCOUNT 1263020 ACCUMULATED IMPAIRMENT OF FRANCHISES

SUB-ACCOUNT 1264 WEBSITES
SUB-SUBACCOUNT 1264000 WEBSITES
SUB-SUBACCOUNT 1264010 ACCUMULATED AMORTIZATION OF WEBSITES SUB-SUBACCOUNT 1264020 ACCUMULATED IMPAIRMENT OF WEBSITES

SUB-ACCOUNT 1265 OTHER INTANGIBLES
SUB-SUBACCOUNT 1265000 OTHER INTANGIBLES SUB-SUBACCOUNT 1265010 ACCUMULATED AMORTIZATION OF OTHER INTANGIBLES SUB-SUBACCOUNT 1265020 ACCUMULATED IMPAIRMENT OF OTHER INTANGIBLES

DEBITS For the accounting at cost of Intangible Assets.

For the application of accumulated amortization and for cancellation of amortizable assets.

When there is a reversal of loss due to impairment or disposal of an asset that was affected by impairment previously.

CREDITS When disposed of by sale, or abandonment of the same.

For the accounting of accumulated amortizations.

For impairment losses established by the administration based on periodic evaluations of intangibles.

For the transfer of amortizable expenses to income statement accounts.

For the registered accumulated amortization.

ACCOUNT 127 CONSTRUCTION WORKS IN PROGRESS

DESCRIPTION In this account, the
Works in progress in goods owned by the entity are recorded. The assets included in this account are not depreciated.

SUB-ACCOUNT 1270 CONSTRUCTION WORKS IN PROGRESS SUB-SUBACCOUNT 1270000 CONSTRUCTION WORKS IN PROGRESS

DEBITS For construction costs, conditioning or equipment.

CREDITS For the transfer to the corresponding accounts for the value recorded at the end of the works.

ACCOUNT 128 LONG-TERM ASSETS HELD FOR SALE

DESCRIPTION This item will be integrated by long-term assets reclassified to this category, due to the fact that the administration has decided to recover them through a sale operation rather than by their continuous use and by long-term assets acquired by the administration exclusively for the purpose of their subsequent disposal. These assets will not be depreciated while they are classified in this category.

SUB-ACCOUNT 1280 LONG-TERM ASSETS HELD FOR SALE SUB-SUBACCOUNT 1280000 INVESTMENTS IN SUBSIDIARIES SUB-SUBACCOUNT 1280010 INVESTMENTS IN ASSOCIATES SUB-SUBACCOUNT 1280020 INVESTMENTS IN JOINT VENTURES SUB-SUBACCOUNT 1280030 ASSETS IN DISCONTINUATION SUB-SUBACCOUNT 1280040 PROPERTY, PLANT AND EQUIPMENT SUB-SUBACCOUNT 1280050 INTANGIBLE ASSETS SUB-SUBACCOUNT 1280060 ASSETS RECEIVED IN FINANCIAL LEASE SUB-SUBACCOUNT 1280070 ASSETS RECEIVED IN PAYMENT OR AWARDED

DEBITS At the time of reclassification as an asset of this category or its acquisition, with credit to the corresponding asset accounts for their net book value (book value less accumulated depreciation) from long-term where they proceed, normally from the Non-current Asset group or to Cash and cash equivalents or from creditors/debtors respectively when acquired or enter the entity with this purpose.

For increases in fair value over the value recorded at the time of transfer or acquisition crediting the Restricted Equity Revaluations 3321 Assets held for sale.

It will be debited in case of recognition of accrued income and not collected within the fiscal year crediting the dividend account of the investment portfolio.

It will be debited for the reversal of impairment crediting the impairment loss of non-financial assets

CREDITS It will be credited for decreases in fair value over the value recorded at the time of transfer or acquisition debiting the Restricted Equity Revaluations 3321 .

CDSV-11/2010
RCTG-16/2010
MANUAL AND CHART OF ACCOUNTS FOR BROKERAGE HOUSES Approval: 16/06/2010 Validity: 01/10/2010 Alameda Juan Pablo II, between 15 and 17 Norte Ave, San Salvador, El Salvador. Tel. (503) 2281-8000 www.bcr.gob.sv

It will be credited for its impairment, debiting the long-term expense account held for the .

It will be credited for the disposals, with a debit to Cash and cash equivalent accounts or to accounts receivable and, in case a gain or loss occurs, to the accounts, Income 5300000 Gain on 4300020 Losses on sale of writing off the account for the amount it was constituted in case of adjustments for revaluation.

It will be credited for the distribution of dividends from earnings generated before the acquisition of the participation, with a debit to cash or other assets.

ELEMENT 2 LIABILITY
DESCRIPTION Groups the accounts that represent obligations incurred by the entity for normal business operations derived from debts from credits obtained and expenses incurred in the business operation, as well as obligations with the State, with personnel and various provisions. It comprises credits with financial institutions in the country and abroad, accounts and documents payable for own operations and for third parties, obligations with workers, obligations for taxes and contributions, credits with suppliers; and, the

provisions for labor obligations, other provisions and delayed earnings.

ITEM 21 CURRENT LIABILITY
DESCRIPTION Represents obligations to be borne by the company, whose maturity is less than one year.

ACCOUNT 210 LOANS AND OVERDRAFTS WITH BANKS AND OTHER LOCAL FINANCIAL INSTITUTIONS DESCRIPTION Includes the financing obtained, such as debts from short-term financings, contracted with banking and financial institutions, local and foreign, under the modality of direct credits and credit lines.

SUB-ACCOUNT 2100 OVERDRAFTS WITH BANKS AND OTHER FINANCIAL INSTITUTIONS LOCAL

SUB-SUBACCOUNT 2100000 OVERDRAFTS FROM BANKS AND OTHER FINANCIAL INSTITUTIONS, M.L.

SUB-SUBACCOUNT 2100010 OVERDRAFTS FROM BANKS AND OTHER FINANCIAL INSTITUTIONS, M.E.

SUB-ACCOUNT 2101 LOANS FROM BANKS AND OTHER FINANCIAL INSTITUTIONS LOCAL

SUB-SUBACCOUNT 2101000 LOANS FROM BANKS AND OTHER FINANCIAL INSTITUTIONS LOCAL, M.L.

SUB-SUBACCOUNT 2101010 LOANS FROM BANKS AND OTHER FINANCIAL INSTITUTIONS LOCAL, M.E.

DEBITS For the amortization and cancellation of obligations for credits received.

For the cancellation of overdrafts.

For the credit notes received.

CREDITS For the amounts of the financing and credits contracted.

For the overdrafts in the checking accounts that the entity maintains in banks.

For the debit notes received.

ACCOUNT 211 CURRENT PORTION OF LONG-TERM LIABILITIES DESCRIPTION Represents the amount to be paid out for the maturity in the current exercise of long-term obligations.

SUB-ACCOUNT 2110 OBLIGATIONS WITH BANKS AND OTHER LOCAL FINANCIAL INSTITUTIONS

SUB-SUBACCOUNT 2110000 LOANS FROM BANKS AND OTHER FINANCIAL INSTITUTIONS LOCAL, M.L.

SUB-SUBACCOUNT 2110010 LOANS FROM BANKS AND OTHER FINANCIAL INSTITUTIONS LOCAL, M.E.

SUB-ACCOUNT 2111 LOANS WITH BANKS AND FOREIGN FINANCIAL INSTITUTIONS

SUB-SUBACCOUNT 2111000 LOANS FROM BANKS AND FINANCIAL INSTITUTIONS, M.E.

SUB-ACCOUNT 2112 OBLIGATIONS WITH OTHER INSTITUTIONS IN THE COUNTRY

SUB-SUBACCOUNT 2112000 OBLIGATIONS WITH OTHER INSTITUTIONS IN THE COUNTRY

SUB-ACCOUNT 2113 OBLIGATIONS WITH OTHER FOREIGN INSTITUTIONS

SUB-SUBACCOUNT 2113000 OBLIGATIONS WITH OTHER FOREIGN INSTITUTIONS

DEBITS For the amortization and cancellation of obligations for credits received.

For the cancellation of overdrafts.

For the credit notes received.

CREDITS For the amounts of the financing and credits contracted whose maturity will occur in the current exercise.

ACCOUNT 212 OBLIGATIONS FROM SECURITIES OPERATIONS DESCRIPTION In this account, obligations are recorded that originate from investment operations own and for third parties and portfolio administration.

SUB-ACCOUNT 2120 ISSUERS

SUB-SUBACCOUNT 2120000 LOANS

SUB-SUBACCOUNT 2120010 OTHERS

SUB-ACCOUNT 2121 BROKERAGE HOUSES

SUB-SUBACCOUNT 2121000 LOANS

SUB-SUBACCOUNT 2121010 COMMISSIONS FOR SERVICES

SUB-SUBACCOUNT 2122020 OTHERS

SUB-ACCOUNT 2122 INVESTORS

SUB-SUBACCOUNT 2122000 LOANS

SUB-SUBACCOUNT 2122010 OTHERS

SUB-ACCOUNT 2123 STOCK EXCHANGE

SUB-SUBACCOUNT 2123000 LOANS

SUB-SUBACCOUNT 2123010 COMMISSIONS FOR SERVICES

SUB-SUBACCOUNT 2123020 OTHERS

SUB-ACCOUNT 2124 OBLIGATIONS FROM PORTFOLIO ADMINISTRATION SERVICES

SUB-SUBACCOUNT 2124000 OBLIGATIONS WITH INVESTORS

SUB-SUBACCOUNT 2124010 OTHER OBLIGATIONS

SUB-ACCOUNT 2125 OBLIGATIONS FROM TITLE SUBSCRIPTION SECURITIES IN PRIMARY MARKET

DESCRIPTION Represents the obligations incurred by the house for primary subscription operations under the UNDERWRITING figure.

SUB-SUBACCOUNT 2125000 PUBLIC BONDS

SUB-SUBACCOUNT 2125010 BONDS FROM PRIVATE FINANCIAL ENTITIES

SUB-SUBACCOUNT 2125020 BONDS FROM PRIVATE NON-FINANCIAL ENTITIES

SUB-SUBACCOUNT 2125030 SECURITIES

SUB-SUBACCOUNT 2125040 INVESTMENT CERTIFICATES FROM FINANCIAL ENTITIES

SUB-SUBACCOUNT 2125050 INVESTMENT CERTIFICATES FROM NON-FINANCIAL ENTITIES

SUB-SUBACCOUNT 2125060 OTHER INVESTMENTS IN FIXED INCOME SECURITIES FROM PUBLIC ENTITIES

SUB-SUBACCOUNT 2125070 OTHER INVESTMENTS IN FIXED INCOME SECURITIES FROM PRIVATE FINANCIAL ENTITIES

SUB-SUBACCOUNT 2125080 SHARES

SUB-SUBACCOUNT 2125090 OTHER INVESTMENTS IN VARIABLE INCOME SECURITIES

DESCRIPTION In the sub-accounts, the obligations that originate from investment operations will be recorded own, with investors, issuers, the stock exchange and brokerage houses.

SUB-ACCOUNT 2126 OBLIGATIONS FROM INDIVIDUAL PORTFOLIO ADMINISTRATION SERVICE (1)

DESCRIPTION In these sub-accounts obligations that originate from operations related to individual portfolio administration are recorded. (1)

SUB-SUBACCOUNT 2126000 OBLIGATIONS WITH INVESTORS (1)

SUB-SUBACCOUNT 2126010 OTHER OBLIGATIONS (1)

DEBITS For the accounting of the payments of obligations.

For the payments of the obligations originating from services in securities operations.

For the payments of the obligations originating from portfolio administration.

For the payments of the obligations originating from individual portfolio administration. (1)

CREDITS For the accounting of the obligations originating from the own investment operations.

For the accounting of the obligations originating from securities operations services.

For the accounting of the obligations originating from portfolio administration services.

For the accounting of the obligations originating from individual portfolio administration services. (1)

ACCOUNT 213 ACCOUNTS PAYABLE
DESCRIPTION The account will record the obligations of the entity with its personnel, remuneration, vacation, fees and commissions.

SUB-ACCOUNT 2130 PROVISIONS FOR EMPLOYEE PAYMENTS

SUB-SUBACCOUNT 2130000 REMUNERATIONS PAYABLE

SUB-SUBACCOUNT 2130010 VACATIONS PAYABLE

SUB-SUBACCOUNT 2130020 OTHER OBLIGATIONS WITH EMPLOYEES PAYABLE

SUB-ACCOUNT 2131 RETENTIONS PAYABLE

SUB-SUBACCOUNT 2131000 ISSS-FSV

SUB-SUBACCOUNT 2131010 PENSION FUND ADMINISTRATORS (AFP)

SUB-SUBACCOUNT 2131020 OTHER EMPLOYEE RETENTIONS

SUB-ACCOUNT 2132 WITHHELD TAXES

SUB-SUBACCOUNT 2132000 INCOME TAX WITHHELD FROM EMPLOYEES

SUB-SUBACCOUNT 2132010 INCOME TAX WITHHELD FOR PROFESSIONAL SERVICES

SUB-SUBACCOUNT 2132020 INCOME TAX WITHHELD FROM CLIENTS

SUB-SUBACCOUNT 2132030 INCOME TAX WITHHELD FROM THIRD PARTIES

SUB-SUBACCOUNT 2132040 MUNICIPAL TAXES WITHHELD FROM EMPLOYEES

SUB-SUBACCOUNT 2132050 VAT, WITHHELD FROM THIRD PARTIES

SUB-SUBACCOUNT 2132060 VAT RECEIVABLE PAYABLE

SUB-SUBACCOUNT 2132070 OTHER WITHHELD TAXES

SUB-ACCOUNT 2133 ACCOUNTS PAYABLE FOR SERVICES

SUB-SUBACCOUNT 2133000 COMMUNICATION AND TELEPHONE SERVICES PAYABLE

SUB-SUBACCOUNT 2133010 ENERGY AND WATER SERVICES PAYABLE

SUB-SUBACCOUNT 2133020 PROFESSIONAL SERVICES PAYABLE

SUB-SUBACCOUNT 2133030 RENTALS PAYABLE

SUB-SUBACCOUNT 2133040 INSURANCES PAYABLE

SUB-SUBACCOUNT 2133050 OTHER SERVICES PAYABLE

SUB-ACCOUNT 2134 PROVISIONS PAYABLE

SUB-SUBACCOUNT 2134000 PROVISION FOR INTEREST PAYABLE ON BANK LOANS

SUB-SUBACCOUNT 2134010 ISSS EMPLOYER CONTRIBUTION

SUB-SUBACCOUNT 2134020 AFP EMPLOYER CONTRIBUTION

SUB-SUBACCOUNT 2134030 PROVISION FOR REPORT COST

SUB-SUBACCOUNT 2134040 AUDIT COST

SUB-SUBACCOUNT 2134050 MEMBERSHIP FEES

SUB-SUBACCOUNT 2134060 OTHER ACCOUNTS PAYABLE

SUB-ACCOUNT 2135 VARIOUS CREDITORS

SUB-SUBACCOUNT 2135000 VARIOUS CREDITORS

SUB-SUBACCOUNT 2135010 CASH OVERAGES

DEBITS For the payment of remuneration payable.

For the payments of rentals and services.

For the cash overages.

For the payments of the obligations with the Treasury, for taxes withheld.

CREDITS For the rentals and services payable.

For the cash overages.

For the income tax,
VAT or municipal taxes withheld from employees, clients, and third parties.

ACCOUNT 214 RELATED ACCOUNTS PAYABLE
DESCRIPTION Represents the set of obligations that the Brokerage House has with shareholders, directors and related companies.

SUB-ACCOUNT 2140 ACCOUNTS PAYABLE TO DIRECTORS

SUB-SUBACCOUNT 2140000 LOANS

SUB-SUBACCOUNT 2140010 OTHER ACCOUNTS PAYABLE TO DIRECTORS

SUB-ACCOUNT 2141 ACCOUNTS PAYABLE TO SHAREHOLDERS

SUB-SUBACCOUNT 2141000 LOANS

SUB-SUBACCOUNT 2141010 OTHER ACCOUNTS PAYABLE TO SHAREHOLDERS

SUB-ACCOUNT 2142 ACCOUNTS PAYABLE TO RELATED COMPANIES

SUB-SUBACCOUNT 2142000 LOANS

SUB-SUBACCOUNT 2142010 OTHER ACCOUNTS PAYABLE TO RELATED COMPANIES

DEBITS For the payment of
REMUNERATIONS PAYABLE to shareholders, directors.

For the payments of rentals and services, to related companies or persons.

CREDITS For the rentals and services payable, to related companies or persons.

For the obligations with related parties.

ACCOUNT 215 TAXES PAYABLE OWN
DESCRIPTION This item represents the obligations of immediate enforceability from taxes, contributions and other taxes in favor of State institutions and others borne by the entity as a tax responsible party.

SUB-ACCOUNT 2150 MUNICIPAL TAXES

SUB-SUBACCOUNT 2150000 MUNICIPAL TAXES

SUB-ACCOUNT 2151 INCOME TAX

SUB-SUBACCOUNT 2151000 INCOME TAX

SUB-ACCOUNT 2152 VAT PAYABLE

SUB-SUBACCOUNT 2152000 FISCAL VAT CREDIT

SUB-SUBACCOUNT 2152010 VAT PAYABLE

SUB-ACCOUNT 2153 OTHER TAXES

SUB-SUBACCOUNT 2153000 OTHER TAXES

DEBITS For the payment of taxes and contributions on own account.

CREDITS For the taxes and contributions on own account payable.

ACCOUNT 216 DIVIDENDS PAYABLE
DESCRIPTION Represents the profits pending distribution to the shareholders, approved by the General Assembly of Shareholders.

SUB-ACCOUNT 2160 DIVIDENDS PAYABLE

SUB-SUBACCOUNT 2160000 DIVIDENDS PAYABLE

DEBITS For the payment in cash and/or check of dividends to shareholders.

CREDITS For the decree of distribution of earnings, which the general assembly of shareholders formulates.

ACCOUNT 217 NEGOTIABLE FINANCIAL LIABILITIES

DESCRIPTION This category includes those financial liabilities, measured at fair value with effect on the results, that meet the following conditions: a) They are acquired with the objective of realizing them in the short term; b) They are part of a portfolio of identified financial instruments and managed jointly for which there is evidence of recent actions to generate short-term gains; c) Derivatives not designated as accounting hedging instruments.

The classification in this item will be subject to the ease of obtaining prices for these liabilities within an active market or to the existence of a valuation methodology developed by an authorized entity, which may be adequate to assign a fair value to such liabilities.

SUB-ACCOUNT 2170 NEGOTIABLE FINANCIAL LIABILITIES

SUB-SUBACCOUNT 2170000 NEGOTIABLE FINANCIAL LIABILITIES

DEBITS For the downward fluctuations in fair value with respect to the cost of subscription or purchase, crediting the results account within the income accounts for the difference between the fair value and said cost in the Changes in fair value of financial assets and liabilities.

CREDITS For the subscription, with a debit, generally, to the accounts of Cash and cash equivalents.

For the upward fluctuations in fair value with respect to the cost of subscription or purchase, debiting the results account within the expense accounts for the difference between the fair value and said cost from the expense accounts 4261Provision for depreciation of Assets and Liabilities.

For the sales, early amortizations or write-off in the securities portfolio, with a debit to the Cash and cash equivalent accounts and, in case of gains occurring, crediting the account of for sale of financial investments (and cancellation of losses debiting the expense account 4270000 Negotiable financial assets and liabilities for the difference between the sale price and by the price at which it was recorded at that moment.

In the case of investments in foreign currency, this account will be debited or credited for the exchange rate between the previous value and the current exchange rate with charge or credit to the results accounts in expense 4200010 Exchange difference, in case of loss or credit to the income account 5200010 Exchange difference in case of gain.

ACCOUNT 218 OTHER FINANCIAL LIABILITIES AT FAIR VALUE WITH EFFECT ON THE RESULTS

DESCRIPTION In this item, the value of the items of financial liabilities classified from initial recognition at their fair value with effect on the results is incorporated. The classification in this item will be subject to the ease of obtaining prices for these liabilities within an active market or to the existence of a valuation methodology developed by an authorized entity, which may be adequate to assign a fair value to such liabilities.

The entity will not reclassify a financial instrument into this category while it is in its possession or continues issued nor will it remove any of the classified in this way to take it to another different category.

SUB-ACCOUNT 2180 OTHER FINANCIAL LIABILITIES AT FAIR VALUE WITH EFFECT ON THE RESULTS

SUB-SUBACCOUNT 2180000 OTHER FINANCIAL LIABILITIES AT FAIR VALUE WITH EFFECT ON THE RESULTS

ACCOUNT 219 HEDGING FINANCIAL DERIVATIVE INSTRUMENTS DESCRIPTION Within this grouping, financial derivative instruments designated as hedges of specifically identified risks that have an impact on the income statement as a consequence of variations in the fair value or in the cash flow of one or several concrete elements or in a net investment in foreign currency, called hedged items. These accounts will be affected when as a result of adjustments in the fair value they adopt a creditor nature.

If fair value hedging meets the criteria to be considered as such, it will be accounted for as follows: a) The gain or loss originating from the remeasurement of the hedging instrument will be recognized in the results at the moment it is established. b) The gain or loss that originates on the hedged item that is attributable to the risk covered will adjust the recorded value of the hedged item and will be recognized in the results at the moment it is established. The recognition of the loss or gain attributable to the risk covered in the exercise result will also apply if the hedged item is an asset available for sale.

SUB-SUBACCOUNT 2190000 FAIR VALUE HEDGING

SUB-SUBACCOUNT 2190010 CASH FLOW HEDGING

SUB-SUBACCOUNT 2190020 NET INVESTMENT IN FOREIGN CURRENCY HEDGING

DEBITS It will be debited for the downward fluctuations in the fair value with respect to the initial or the previously measured one, crediting the results account within the income accounts with the difference between the previous measurement and the current fair value, in the income account 5124010 Changes in fair value of financial assets and liabilities in case of downward fluctuation. These amounts, once the results are settled at the end of the exercise, will become part of the Equity account 3500020 Investments held for hedge by the net balance of

this account, and the account of 4261
PROVISION FOR
DEPRECIATION OF
ASSETS AND LIABILITIES- 4261000 held for trading.

It will be debited for the sales, or write-off in the securities portfolio, with a credit to the Treasury accounts and, in case of gains occurring, crediting the income account 5124010 Changes in fair value of assets and liabilities and debiting the expense account "4261 Provision for depreciation of difference between the sale price and by the price at which it was recorded at that moment.

It will be debited for the downward fluctuations in the fair value with respect to the initial or the previously measured one, crediting the difference between the previous measurement and the current fair value, in the following accounts: From Equity 3322 Hedge by the effective part of the hedging; From income fair value of assets and liabilities effective part of the hedging. These amounts, once the results are settled at the end of the exercise, will become part of the Equity account as long as they are not collected by the net balance of this account and the Provision for depreciation of investments and liabilities.

For the sales, or write-off in the securities portfolio, with a credit to the Treasury accounts and, in case of gains occurring, crediting the account of or the income account fair value of assets and liabilities whether effective or not, and, in case of losses debiting the Equity account 3322 Hedge expense account 4261000 Provision hedging whether effective or not, always for the difference between the sale price and by the price at which it was recorded at that moment.

CREDITS It will be credited for upward fluctuations in fair value with respect to the initial or previously measured value, debiting the income statement within the expense accounts with the difference between the fair value and said previous measurement, in the depreciation expense account.

For upward fluctuations in fair value with respect to the initial or previously measured value, debiting the difference between the fair value and said previous measurement, in the following accounts: Equity 3322 for the effective part of the coverage; Liability 2190020 for the ineffective part of the coverage.

Net Investment Hedge in Foreign Currency.

ITEM 22 NON-CURRENT LIABILITIES
DESCRIPTION Represents the set of obligations, on the brokerage house, whose maturity occurs at more than one year term.

ACCOUNT 220 LONG-TERM BANK LOANS
DESCRIPTION Comprises the financing obtained, as well as the debts arising from long-term financing, contracted with local and foreign banking institutions, under the modality of direct credits and credit lines.

SUB-ACCOUNT 2200 OBLIGATIONS WITH LOCAL BANKS AND OTHER FINANCIAL INSTITUTIONS SUB-SUBACCOUNT 2200000 DEBTS FROM LOANS SUB-SUBACCOUNT 2200010 OTHER LONG-TERM OBLIGATIONS

SUB-ACCOUNT 2201 OBLIGATIONS WITH FOREIGN BANKS AND FINANCIAL INSTITUTIONS SUB-SUBACCOUNT 2201000 DEBTS FROM LOANS SUB-SUBACCOUNT 2201010 OTHER LONG-TERM OBLIGATIONS

DEBITS For the annual transfer, from the current maturity of the obligations to current liabilities. For adjustments to loans.

CREDITS For taking out loans or other obligations for a term greater than one year.

ACCOUNT 221 LONG-TERM OBLIGATIONS WITH RELATED COMPANIES

DESCRIPTION In this account, long-term obligations with related companies are recorded, under the forms referred to in the item description.

SUB-ACCOUNT 2210 LONG-TERM OBLIGATIONS WITH RELATED COMPANIES SUB-SUBACCOUNT 2210000 LONG-TERM LOANS SUB-SUBACCOUNT 2210010 OTHER LONG-TERM OBLIGATIONS

DEBITS For the annual transfer, from the current maturity of the obligations to current liabilities. For adjustments to loans.

CREDITS For taking out loans or other obligations for a term greater than one year with related companies.

ACCOUNT 222 DEFERRED INCOME TAX
DESCRIPTION Represents temporary differences between the tax assessed in accordance with the Income Tax Law and the profit determined in accordance with International Financial Reporting Standards.

SUB-ACCOUNT 2220 DEFERRED INCOME TAX
SUB-SUBACCOUNT 2220000 DEFERRED INCOME TAX

DEBITS For the elimination of temporary differences between the tax paid and the accounting tax.

CREDITS For the creation of temporary differences between the tax paid and the accounting tax.

ACCOUNT 223 DEFERRED INCOME
DESCRIPTION In this account, income that has not been earned but has been received by the entity is recorded.

SUB-ACCOUNT 2230 DEFERRED INCOME FROM BURSILE SERVICES

SUB-SUBACCOUNT 2230000 DEFERRED INCOME FROM OPERATIONAL BURSILE SERVICES SUB-SUBACCOUNT 2230010 DEFERRED INCOME FROM PORTFOLIO MANAGEMENT SERVICES SUB-SUBACCOUNT 2230020 DEFERRED INCOME FROM INDIVIDUAL PORTFOLIO MANAGEMENT SERVICE (1)

SUB-ACCOUNT 2231 DEFERRED INCOME FROM OWN OPERATIONS SUB-SUBACCOUNT 2231000 DEFERRED INCOME FROM OWN OPERATIONS SUB-SUBACCOUNT 2231010 OTHER DEFERRED INCOME

DEBITS For the application to results of the income earned in the accounting period.

CREDITS For the recording of unearned income.

ACCOUNT 224 FINANCIAL LEASE OBLIGATIONS
DESCRIPTION Represents the future payments that the company will incur for financial leases.

SUB-ACCOUNT 2240 FINANCIAL LEASE OBLIGATIONS SUB-SUBACCOUNT 2240000 REAL ESTATE TAKEN UNDER FINANCIAL LEASE SUB-SUBACCOUNT 2240010 FURNITURE AND OFFICE EQUIPMENT TAKEN UNDER FINANCIAL LEASE SUB-SUBACCOUNT 2240020 TRANSPORT EQUIPMENT TAKEN UNDER FINANCIAL LEASE SUB-SUBACCOUNT 2240030 OTHER GOODS TAKEN UNDER FINANCIAL LEASE

DEBITS For the payment of the financial lease.

CREDITS For the signing of financial lease contracts, in which ownership of the asset is substantially transferred.

ACCOUNT 225 ESTIMATE FOR LABOR OBLIGATIONS

DESCRIPTION In this account, provisions for labor obligations whose payment or settlement will be made in the current or following fiscal years are recorded.

SUB-ACCOUNT 2250 ESTIMATE FOR LABOR OBLIGATIONS SUB-SUBACCOUNT 2250000 ESTIMATE FOR LABOR OBLIGATIONS

DEBITS For the decrease in provisions at the close of the accounting period.

CREDITS For the establishment of the corresponding provisions for the fiscal year for social benefits and labor obligations. In accordance with the company's labor policy.

ITEM 3 EQUITY
DESCRIPTION Represents the owners' participation in the entity's assets. Its amount is determined by the difference between assets and liabilities. It comprises the accumulation of shareholders' contributions, including the capitalization of profits, surpluses, and others, on a permanent basis, represented by nominal shares duly subscribed; as well as capital reserves, revaluation, and accumulated results.

ITEM 31 CAPITAL
DESCRIPTION Capital is represented by paid-in capital and subscribed capital, deducting from the latter the subscriptions pending integration, as well as contributions from other institutions under the modality of donations.

ACCOUNT 310 SOCIAL CAPITAL
DESCRIPTION Social capital is represented by paid-in capital and subscribed capital, deducting from the latter the subscriptions pending integration. Paid-in capital constitutes the accumulation of shareholders' contributions, including the capitalization of profits, surpluses, and others, on a permanent basis, represented by nominal shares duly subscribed.

SUB-ACCOUNT 3100 MINIMUM SUBSCRIBED CAPITAL SUB-SUBACCOUNT 3100000 PAID MINIMUM SUBSCRIBED CAPITAL SUB-SUBACCOUNT 3100010 UNPAID MINIMUM SUBSCRIBED CAPITAL

SUB-ACCOUNT 3101 VARIABLE SUBSCRIBED CAPITAL SUB-SUBACCOUNT 3101000 PAID VARIABLE SUBSCRIBED CAPITAL SUB-SUBACCOUNT 3101010 UNPAID VARIABLE SUBSCRIBED CAPITAL

SUB-ACCOUNT 3102 TREASURY SHARES
SUB-SUBACCOUNT 3102000 TREASURY SHARES

ACCOUNT 311 ADDITIONAL CAPITAL
DESCRIPTION Comprises donations and other similar contributions in favor of the entity.

SUB-ACCOUNT 3110 DONATIONS
SUB-SUBACCOUNT 3110000 DONATIONS

DEBITS For the capitalization of donations.
For the amounts of capital subscriptions.
For the reduction of CAPITAL duly authorized.

CREDITS For the amount of the initially subscribed CAPITAL and subsequent contributions. For payments made of subscribed CAPITAL. For the capitalization of profits. For the capitalization of reserves. For the capitalization of obligations and others. For the DONATIONS received.

ITEM 32 CAPITAL RESERVES
DESCRIPTION Comprises legal and mandatory reserves as well as voluntary ones constituted with deductions from accumulated profits for specific purposes, as well as released shares received from other companies through the capitalization of revaluation.

ACCOUNT 320 CAPITAL RESERVES
DESCRIPTION In this account, the constitution of the legal reserve is recorded, through deductions from profits in accordance with what is established by legal provisions and other reserves.

SUB-ACCOUNT 3200 LEGAL RESERVE
SUB-SUBACCOUNT 3200000 LEGAL RESERVE

SUB-ACCOUNT 3201 SHARE PREMIUM
SUB-SUBACCOUNT 3201000 SHARE PREMIUM

DEBITS For the capitalization of the legal reserve.
For the use, as stipulated by the commercial code.

CREDITS For 7% of profits before taxes.

For the premium in excess of the nominal value in the sale of shares.

ACCOUNT 321 OTHER MANDATORY RESERVES
DESCRIPTION In this account, the constitution of reserves is recorded through deductions from accumulated profits in accordance with what is established in the statutes or other provisions. It includes the amounts of increases, participations in entities in which the entity exercises control or significant influence, due to revaluation.

SUB-ACCOUNT 3210 STATUTORY RESERVES
SUB-SUBACCOUNT 3210000 STATUTORY RESERVES

SUB-ACCOUNT 3211 RESERVES FOR OTHER PROVISIONS SUB-SUBACCOUNT 3211000 RESERVES FOR OTHER PROVISIONS

DEBITS For the capitalization of the reserve or its use.

CREDITS For the segregation made of profits, in the amount established by the agreement and/or statute.

ACCOUNT 322 VOLUNTARY RESERVES
DESCRIPTION In this account, the constitution of reserves is recorded through deductions from accumulated profits in accordance with what is established in board of directors' agreements or general shareholders' meetings.

SUB-ACCOUNT 3220 VOLUNTARY RESERVES
SUB-SUBACCOUNT 3220000 VOLUNTARY RESERVES

DEBITS For the capitalization of the reserve or its use.

CREDITS For the segregation made of profits, in the amount established by the agreement.

ITEM 33 REVALUATIONS
DESCRIPTION Comprises the higher net value assigned to Property, plant and equipment, Investment properties of the entity, determined as a consequence of revaluation, in accordance with legal provisions and the norms issued by the Superintendence of the Financial System (1).

ACCOUNT 330 REVALUATIONS OF REAL ESTATE
DESCRIPTION In this account, the net result of the revaluation of the entity's real estate assets is recorded, determined in accordance with the legal provisions referred to in the item description.

SUB-ACCOUNT 3300 REVALUATIONS OF REAL ESTATE SUB-SUBACCOUNT 3300000 REVALUATIONS OF REAL ESTATE

DEBITS For the capitalization of revalued values.
For the realization of revaluations, through the sale of the Real Estate that originated it.

CREDITS For the difference between the historical cost and the real value of the real estate, determined through technical appraisal and prior authorization of the Superintendence of the Financial System. (1)

ACCOUNT 331 REVALUATIONS OF MOVABLE PROPERTY DESCRIPTION In this account, the net result of the revaluation of the entity's movable assets is recorded, determined in accordance with the legal provisions referred to in the item description.

SUB-ACCOUNT 3310 REVALUATIONS OF MOVABLE PROPERTY SUB-SUBACCOUNT 3310000 REVALUATIONS OF MOVABLE PROPERTY

DEBITS For the capitalization of revalued values.
For the realization of revaluations, through the sale of the movable property that originated it.

CREDITS For the difference between the historical cost and the real value of the movable property, determined through technical appraisal and prior authorization of the Superintendence of the Financial System. (1)

ACCOUNT 332 REVALUATIONS OF INVESTMENTS
DESCRIPTION In this account, the net result of the revaluation of investments held to maturity is recorded.

SUB-ACCOUNT 3320 REVALUATIONS OF INVESTMENTS SUB-SUBACCOUNT 3320000 REVALUATIONS OF INVESTMENTS

SUB-ACCOUNT 3321 FINANCIAL ASSETS AVAILABLE FOR SALE SUB-SUBACCOUNT 3321000 FINANCIAL ASSETS AVAILABLE FOR SALE

SUB-ACCOUNT 3322 CASH FLOW HEDGE
SUB-SUBACCOUNT 3322000 CASH FLOW HEDGE

SUB-ACCOUNT 3323 NET INVESTMENT HEDGE IN FOREIGN CURRENCY SUB-SUBACCOUNT 3323000 NET INVESTMENT HEDGE IN FOREIGN CURRENCY

DEBITS For the recording of the loss that has arisen from a change in fair value corresponding to an investment available for sale. For the realization of revaluations, through the sale of the investment that originated it. For the devaluations, crediting the available account up to the limit of the revaluation constituted. For upward fluctuations in fair value with respect to the initial or previously measured value, crediting the difference between the fair value and said previous measurement, in the following accounts: Ineffective part of the coverage. For downward fluctuations in fair value with respect to the initial or previously measured value, crediting the difference between the previous measurement and the current fair value. For upward fluctuations in fair value with respect to the initial or previously measured value, crediting the difference between the fair value and said previous measurement, in the following accounts: Net investment hedge in foreign currency. Ineffective part of the coverage. For downward fluctuations in fair value with respect to the initial or previously measured value, crediting the difference between the previous measurement and the current fair value.

CREDITS For the recording of the gain that has arisen from a change in fair value corresponding to an investment available for sale. For the amount of the revaluations, debiting the Asset account 1132 Investments available for sale. For upward fluctuations in fair value with respect to the initial or previously measured value, debiting the difference between the fair value and said previous measurement. For downward fluctuations in fair value with respect to the initial or previously measured value, debiting the difference between the previous measurement and the current fair value, in the following accounts: Cash flow hedge. Ineffective part of the coverage; Equity 2190020 Net investment hedge in foreign currency. For upward fluctuations in fair value with respect to the initial or previously measured value, debiting the difference between the fair value and said previous measurement. For downward fluctuations in fair value with respect to the initial or previously measured value, debiting the difference between the previous measurement and the current fair value, in the following accounts: Net investment hedge in foreign currency. Ineffective part of the coverage.

ACCOUNT 333 REVALUATIONS OF LONG-TERM ASSETS HELD FOR SALE DESCRIPTION This account includes the amount of income and expenses that have been recognized directly in equity and refer to long-term assets and liabilities classified as held for sale.

SUB-ACCOUNT 3330 REVALUATIONS OF LONG-TERM ASSETS HELD FOR SALE SUB-SUBACCOUNT 3330000 REVALUATIONS OF LONG-TERM ASSETS HELD FOR SALE

DEBITS For the recognition of losses incurred by devaluations with credit to the asset account 1270 Long-term assets held for sale. For the alienation of the asset referred to, crediting the long-term assets held for sale.

CREDITS For the recognition of income earned by revaluations with debit to the long-term assets held for sale.

ITEM 34 RESULTS
DESCRIPTION Comprises the accumulated results up to the reporting period that have not been distributed or applied. It includes undistributed profits and/or accumulated losses and those of the current fiscal year.

ACCOUNT 340 ACCUMULATED RESULTS OF PREVIOUS YEARS

DESCRIPTION Comprises the accumulated results up to the reporting period that have not been distributed or applied. It includes undistributed profits and/or accumulated losses.

SUB-ACCOUNT 3400 ACCUMULATED PROFIT OF PREVIOUS YEARS SUB-SUBACCOUNT 3400000 PROFIT TO BE APPLIED

SUB-ACCOUNT 3401 ACCUMULATED LOSS OF PREVIOUS YEARS SUB-SUBACCOUNT 3401000 ACCUMULATED LOSS OF PREVIOUS YEARS

DEBITS For undistributable profits and crediting accounts 3500. For their application to Reserves and/or dividends payable as appropriate. For the application of accumulated profits. For the losses of the fiscal year incorporated at the start of the following fiscal year.

CREDITS For positive results of the fiscal year debiting the account. It is credited when undistributable profits pass to the category of distributable. For the profit of the fiscal year incorporated at the start of the following fiscal year. For the reduction of accumulated loss.

ACCOUNT 341 RESULTS OF THE CURRENT FISCAL YEAR

DESCRIPTION Comprises the result obtained by the entity at the end of the accounting period or at the end of the fiscal year, which arises from the income statement, determined by the accumulation of debit and credit balances of the accounts that make up Expenses and Income respectively.

SUB-ACCOUNT 3410 PROFIT OF THE FISCAL YEAR SUB-SUBACCOUNT 3410000 PROFIT OF THE FISCAL YEAR

SUB-ACCOUNT 3411 LOSS OF THE FISCAL YEAR SUB-SUBACCOUNT 3411000 LOSS OF THE FISCAL YEAR

DEBITS For the loss of the fiscal year arising from the income statement. For the transfer of the fiscal year profit to ACCUMULATED RESULTS at the start of the following fiscal year.

CREDITS For the transfer of the fiscal year losses to ACCUMULATED RESULTS at the start of the following fiscal year. For the profit of the fiscal year arising from the income statement.

ITEM 35 RESTRICTED EQUITY
DESCRIPTION

ACCOUNT 350 RESTRICTED EQUITY
DESCRIPTION This account collects undistributable profits other than those recorded in the headings mentioned below.

SUB-ACCOUNT 3500 RESTRICTED EQUITY
SUB-SUBACCOUNT 3500000 UNDISTRIBUTABLE PROFITS SUB-SUBACCOUNT 3500010 DONATIONS

SUB-SUBACCOUNT 3500020 INVESTMENTS HELD FOR TRADING SUB-SUBACCOUNT 3500030 EARNED INCOME NOT RECEIVED SUB-SUBACCOUNT 3500040 OTHERS

DEBITS When it is considered distributable, crediting the previous years' profit account. When the asset to which it affects is alienated or written off.

CREDITS For the amount that the entity considers undistributable, debiting the previous years' profit account. For the amount of the donation, with debit to the asset account corresponding according to the nature of the donation received, whether cash or other fixed asset accounts in the case of tangible goods. It will be credited at the end of the fiscal year for the previously mentioned balance, debiting the account to be applied for the net balance, in case it results as a creditor, of the accounts mentioned. It will be credited for the retention of profits, with debit to the account to be applied.

ITEM 36 OPTIONS ON SHARE-BASED PAYMENTS

DESCRIPTION This account includes transactions originated by operations in which the entity acquires goods or services, with payments based on shares, which will be settled by the delivery of equity instruments or by the option to settle them either in cash or by the issuance of equity instruments. In transactions with share-based payments settled through equity instruments, the entity will value the goods or services received, as well as the corresponding increase in net equity, directly at the fair value of the goods or services received, unless such value cannot be measured reliably.

ACCOUNT 360 OPTIONS ON SHARE-BASED PAYMENTS SUB-ACCOUNT 3600 OPTIONS ON SHARE-BASED PAYMENTS SUB-SUBACCOUNT 3600000 OPTIONS ON SHARE-BASED PAYMENTS

CREDITS At the fair value of the goods or services, debiting the following accounts:
When it concerns employee benefits, the income statement account within the expense accounts in account 4125 "Miscellaneous Expenses" will be debited. When it concerns the acquisition of a good or asset, the corresponding asset account will be debited.

When it concerns the hiring of a service, the income statement account within the expense account corresponding to the contracted service will be debited. In transactions with share-based payments where the terms of the agreement provide the bank or the other party with the option for the entity to settle the transaction in cash (or other assets) or through the issuance of equity instruments, the entity will account for that transaction, or its components, as a share-based payment transaction to be settled in cash if, and to the extent that, the entity has incurred a liability to settle the cash or other assets, or as a share-based payment transaction to be settled with equity instruments if, and to the extent that, it has not incurred a liability.

ITEM 4 EXPENSES
DESCRIPTION Groups the accounts that accumulate operating expenses, financial expenses, as well as provisions for uncollectibility and depreciation of investments, depreciation and impairment of Property, Plant and Equipment, and amortization of expenses, personnel and administrative expenses, extraordinary expenses, incurred by the entity during the period, which will be recorded as they are incurred or occur, disregarding the date and form of payment.

In the case of expenses attributable to non-taxable income under the Income Tax Law, an auxiliary report must be maintained in which the following will be detailed:
Such separation will be carried out to associate non-taxable income with its corresponding expenses in accordance with what is provided in Article 32 of the regulations of the Income Tax Law, second paragraph, and what is provided in Article 28, second paragraph of the Income Tax Law.

ITEM 41 OPERATING EXPENSES
DESCRIPTION Comprises expenses incurred during the period arising from services provided to third parties through stock exchange operations, portfolio administration, advisory and registration services, collections, and foreign currency exchange; as well as various operating expenses related to the entity's activities, which are recorded disregarding the date and form of payment.

ACCOUNT 410 OPERATING EXPENSES FOR STOCK EXCHANGE SERVICES DESCRIPTION In this account, operating expenses incurred, related to stock exchange service operations provided by the entity on behalf of third parties, as well as discounts granted, are recorded.

SUB-ACCOUNT 4100 EXPENSES FOR PLACEMENT
SUB-SUBACCOUNT 4100000 EXPENSES FOR PLACEMENT IN PRIMARY MARKET SUB-SUBACCOUNT 4100010 EXPENSES FOR PLACEMENT IN SECONDARY MARKET

SUB-ACCOUNT 4101 OPERATING EXPENSES FOR STOCK EXCHANGE SERVICES SUB-SUBACCOUNT 4101000 OPERATING EXPENSES FOR REGISTRATION SERVICES SUB-SUBACCOUNT 4101010 OPERATING EXPENSES FOR ADVISORY SERVICES SUB-SUBACCOUNT 4101020 EXPENSES FOR STOCK EXCHANGE COMMISSIONS SUB-ACCOUNT 4102 OPERATING EXPENSES FOR COLLECTION SERVICES SUB-SUBACCOUNT 4102000 EXPENSES FOR COLLECTION SERVICES SUB-SUBACCOUNT 4102010 EXPENSES FOR COLLECTION OF RETURNS SERVICES SUB-ACCOUNT 4103 OTHER OPERATING EXPENSES DESCRIPTION Represents the set of expenditures that the brokerage house makes in its intermediary operations on behalf of third parties, which can be attributed and applied to stock exchange operating income. SUB-SUBACCOUNT 4103000 EXPENSES FOR CORRESPONDENCY COMMISSIONS SUB-SUBACCOUNT 4103010 EXPENSES FOR TRANSFER COMMISSIONS SUB-SUBACCOUNT 4103020 EXPENSES FOR TRANSFER COMMISSIONS SUB-SUBACCOUNT 4103030 EXPENSES FOR OTHER SERVICES SUB-ACCOUNT 4104 EXPENSES FOR OPERATIONS WITH FOREIGN SECURITIES SUB-SUBACCOUNT 4104000 EXPENSES FOR FINANCIAL INFORMATION SERVICES SUB-SUBACCOUNT 4104010 STOCK EXCHANGE TRAINING SUB-ACCOUNT 4105 DISCOUNT ON PURCHASE OF SECURITIES SUB-SUBACCOUNT 4105000 DISCOUNT ON PURCHASE OF SECURITIES

DEBITS For payments of miscellaneous management expenses related to the segment of operations for services provided by the entity on behalf of third parties. For estimates of miscellaneous expenses accrued in the period, related to the operations and activities carried out by the entity. CREDITS For external items and adjustments specific to the accounting period.

ACCOUNT 411 OPERATING EXPENSES FOR PORTFOLIO ADMINISTRATION SERVICES DESCRIPTION In this account, management expenses incurred, related to portfolio administration service operations provided by the entity on behalf of third parties, are recorded. Common expenses for stock exchange operations and portfolio administration operations must be separated based on a systematic and rational method. If the option is taken not to separate them, the expense must be attributed to stock exchange operations expenses and not to portfolio administration.

SUB-ACCOUNT 4110 OPERATING EXPENSES FOR PORTFOLIO ADMINISTRATION SERVICES SUB-SUBACCOUNT 4110000 SURVEILLANCE AND PROTECTION SERVICES SUB-SUBACCOUNT 4110010 TRANSPORT SERVICES SUB-SUBACCOUNT 4110020 COMMUNICATION SERVICES SUB-SUBACCOUNT 4110030 SECURITIES CUSTODY SERVICES SUB-SUBACCOUNT 4110040 IT SERVICES SUB-SUBACCOUNT 4110050 PROFESSIONAL FEES SUB-SUBACCOUNT 4110060 PRINTING SERVICES SUB-SUBACCOUNT 4110070 ELECTRICITY AND WATER SERVICES SUB-SUBACCOUNT 4110080 ADVERTISING SERVICES

SUB-SUBACCOUNT 4110090 CLEANING AND FUMIGATION SERVICES SUB-SUBACCOUNT 4110100 OFFICE MAINTENANCE SERVICES SUB-SUBACCOUNT 4110110 VEHICLE MAINTENANCE SERVICES SUB-SUBACCOUNT 4110120 FURNITURE AND EQUIPMENT MAINTENANCE SERVICES SUB-SUBACCOUNT 4110130 PER DIEMS SUB-SUBACCOUNT 4110140 SUBSCRIPTIONS SUB-SUBACCOUNT 4110150 FUELS AND LUBRICANTS SUB-SUBACCOUNT 4110160 CERTIFICATIONS SUB-SUBACCOUNT 4110170 OTHER SERVICE EXPENSES

SUB-ACCOUNT 4111 PORTFOLIO ADMINISTRATION PERSONNEL EXPENSES DESCRIPTION Under this account, all personnel expenditures directly linked to portfolio administration will be credited. SUB-SUBACCOUNT 4111000 SALARIES AND WAGES OF PORTFOLIO ADMINISTRATION STAFF SUB-SUBACCOUNT 4111010 COMMISSIONS TO PORTFOLIO ADMINISTRATION AGENTS SUB-SUBACCOUNT 4111020 OVERTIME HOURS OF PORTFOLIO ADMINISTRATION STAFF SUB-SUBACCOUNT 4111030 HOLIDAY BONUSES AND ALLOWANCES SUB-SUBACCOUNT 4111040 VACATIONS SUB-SUBACCOUNT 4111050 UNIFORMS

SUB-SUBACCOUNT 4111060 TRAINING
SUB-SUBACCOUNT 4111070 SOCIAL BENEFITS
SUB-SUBACCOUNT 4111080 INSURANCE FOR STAFF SUB-SUBACCOUNT 4111090 INDEMNITIES SUB-SUBACCOUNT 4111100 SOCIAL BENEFITS SUB-SUBACCOUNT 4111110 LABOR OBLIGATIONS SUB-SUBACCOUNT 4111120 OTHER STAFF BENEFITS

SUB-ACCOUNT 4112 PORTFOLIO ADMINISTRATION MANAGEMENT EXPENSES DESCRIPTION Under these accounts, expenditures of the management directly linked to portfolio administration services will be credited. SUB-SUBACCOUNT 4112000 PER DIEMS SUB-SUBACCOUNT 4112010 REMUNERATIONS AND SALARIES SUB-SUBACCOUNT 4112020 ENTERTAINMENT AND REPRESENTATION SUB-SUBACCOUNT 4112030 OTHER BOARD EXPENSES

SUB-ACCOUNT 4113 INSURANCE EXPENSES FOR PORTFOLIO ADMINISTRATION DESCRIPTION This account will record all insurance that the brokerage house contracts directly associated with the portfolio administration service. SUB-SUBACCOUNT 4113000 INSURANCE ON MONEY AND SECURITIES SUB-SUBACCOUNT 4113010 INSURANCE FOR PROPERTY, PLANT AND EQUIPMENT ASSETS SUB-SUBACCOUNT 4113020 INSURANCE FOR DISHONESTY SUB-SUBACCOUNT 4113030 OTHER INSURANCES

SUB-ACCOUNT 4114 MISCELLANEOUS EXPENSES ASSOCIATED WITH PORTFOLIO ADMINISTRATION

DESCRIPTION Under this account, all expenditures for miscellaneous expenses directly linked to portfolio administration will be recorded. SUB-SUBACCOUNT 4114000 GOODS RENTALS SUB-SUBACCOUNT 4114010 LEASE OF ASSETS FOR USE SUB-SUBACCOUNT 4114020 STATIONERY AND OFFICE SUPPLIES SUB-SUBACCOUNT 4114030 CLEANING MATERIALS AND SUPPLIES SUB-SUBACCOUNT 4114040 FINES AND SANCTIONS SUB-SUBACCOUNT 4114050 OTHER MISCELLANEOUS EXPENSES

DEBITS For the gross amount of remunerations in favor of staff and for the total amount of contributions accrued by the company that fall on said remunerations. Directly associated with the portfolio administration service. For estimates of expenses accrued in the accounting period directly associated with the portfolio administration service. For the amount of expenses for the various concepts incurred by the board of directors that provides its services to the portfolio administration activity. CREDITS For external items and adjustments of the accounting period associated with portfolio administration.

ACCOUNT 412 GENERAL ADMINISTRATIVE EXPENSES AND STOCK EXCHANGE OPERATIONS PERSONNEL EXPENSES DESCRIPTION Comprises expenses incurred, provisions made, and others that are recorded on an accumulated basis, disregarding the date and form of payment, such as personnel expenses, third-party services, insurance expenses, taxes and contributions, and miscellaneous management charges. Caused by the stock exchange services provided. When an expense is caused partly by the portfolio administration service and the stock exchange operations and individual portfolio administration service, it must be distributed through a systematic and rational method; if such separation is not made, the expense must be attributed to the stock exchange service, as it is the primary activity of the brokerage house. (1) It will also include expenses incurred in carrying out the activity of marketing shares of Open Investment Funds, both Local and Foreign. (3)

SUB-ACCOUNT 4120 PERSONNEL EXPENSES
SUB-SUBACCOUNT 4120000 SALARIES AND WAGES OF STAFF SUB-SUBACCOUNT 4120010 COMMISSIONS TO BROKER AGENTS SUB-SUBACCOUNT 4120020 OVERTIME HOURS SUB-SUBACCOUNT 4120030 HOLIDAY BONUSES AND ALLOWANCES SUB-SUBACCOUNT 4120040 VACATIONS SUB-SUBACCOUNT 4120050 UNIFORMS SUB-SUBACCOUNT 4120060 TRAINING SUB-SUBACCOUNT 4120070 SOCIAL BENEFITS SUB-SUBACCOUNT 4120080 INSURANCE FOR STAFF SUB-SUBACCOUNT 4120090 INDEMNITIES SUB-SUBACCOUNT 4120100 SOCIAL BENEFITS SUB-SUBACCOUNT 4120110 LABOR OBLIGATIONS SUB-SUBACCOUNT 4120120 OTHER STAFF BENEFITS

SUB-ACCOUNT 4121 BOARD EXPENSES
SUB-SUBACCOUNT 4121000 PER DIEMS
SUB-SUBACCOUNT 4121010 REMUNERATIONS AND SALARIES SUB-SUBACCOUNT 4121020 ENTERTAINMENT AND REPRESENTATION SUB-SUBACCOUNT 4121030 OTHER BOARD EXPENSES

SUB-ACCOUNT 4122 EXPENSES FOR SERVICES RECEIVED FROM THIRD PARTIES SUB-SUBACCOUNT 4122000 SURVEILLANCE AND PROTECTION SERVICES SUB-SUBACCOUNT 4122010 TRANSPORT SERVICES SUB-SUBACCOUNT 4122020 COMMUNICATION SERVICES SUB-SUBACCOUNT 4122030 SECURITIES CUSTODY SERVICES SUB-SUBACCOUNT 4122040 IT SERVICES SUB-SUBACCOUNT 4122050 PROFESSIONAL FEES SUB-SUBACCOUNT 4122060 PRINTING SERVICES SUB-SUBACCOUNT 4122070 ELECTRICITY AND WATER SERVICES SUB-SUBACCOUNT 4122080 EXTERNAL AUDIT SUB-SUBACCOUNT 4122090 ADVERTISING SERVICES SUB-SUBACCOUNT 4122100 CLEANING AND FUMIGATION SERVICES SUB-SUBACCOUNT 4122110 OFFICE MAINTENANCE SERVICES SUB-SUBACCOUNT 4122120 VEHICLE MAINTENANCE SERVICES SUB-SUBACCOUNT 4122130 FURNITURE AND EQUIPMENT MAINTENANCE SERVICES SUB-SUBACCOUNT 4122140 PER DIEMS SUB-SUBACCOUNT 4122150 SUBSCRIPTIONS SUB-SUBACCOUNT 4122160 FUELS AND LUBRICANTS SUB-SUBACCOUNT 4122170 CERTIFICATIONS SUB-SUBACCOUNT 4122180 OTHER SERVICE EXPENSES

SUB-ACCOUNT 4123 INSURANCE EXPENSES
SUB-SUBACCOUNT 4123000 INSURANCE ON MONEY AND SECURITIES SUB-SUBACCOUNT 4123010 INSURANCE FOR PROPERTY, PLANT AND EQUIPMENT ASSETS SUB-SUBACCOUNT 4123020 INSURANCE FOR DISHONESTY

SUB-SUBACCOUNT 4123030 OTHER INSURANCES

SUB-ACCOUNT 4124 TAXES AND CONTRIBUTIONS SUB-SUBACCOUNT 4124000 MUNICIPAL TAXES SUB-SUBACCOUNT 4124010 CONTRIBUTIONS FOR SUPERVISION BY THE SUPERINTENDENCY OF THE FINANCIAL SYSTEM (1) SUB-SUBACCOUNT 4124020 OTHER TAXES AND CONTRIBUTIONS SUB-SUBACCOUNT 4124030 STOCK EXCHANGE CONTRIBUTIONS SUB-SUBACCOUNT 4124040 ACABOLSA CONTRIBUTIONS

SUB-ACCOUNT 4125 MISCELLANEOUS EXPENSES
SUB-SUBACCOUNT 4125000 GOODS RENTALS
SUB-SUBACCOUNT 4125010 LEASE OF ASSETS FOR USE SUB-SUBACCOUNT 4125020 STATIONERY AND OFFICE SUPPLIES SUB-SUBACCOUNT 4125030 CLEANING MATERIALS AND SUPPLIES SUB-SUBACCOUNT 4125040 FINES AND SANCTIONS SUB-SUBACCOUNT 4125050 OTHER MISCELLANEOUS EXPENSES

SUB-ACCOUNT 4126 EXPENSES FOR MARKETING SHARES OF OPEN INVESTMENT FUNDS (3) SUB-SUBACCOUNT 4126000 EXPENSES FOR MARKETING SHARES OF LOCAL OPEN INVESTMENT FUNDS (3) SUB-SUBACCOUNT 4126010 EXPENSES FOR MARKETING SHARES OF FOREIGN OPEN INVESTMENT FUNDS (3) SUB-SUBACCOUNT 4126020 OTHERS (3)

DEBITS For the gross amount of remunerations in favor of staff and for the total amount of contributions accrued by the company that fall on said remunerations.

For estimates of expenses accrued in the accounting period. For the amount of expenses for the various concepts incurred by the board of directors. For the amount of expenses for marketing shares of Open Investment Funds, both Local and Foreign. (3) CREDITS For external items and adjustments of the accounting period.

ACCOUNT 413 EXPENSES FOR DEPRECIATION, AMORTIZATION, AND IMPAIRMENT FOR CURRENT OPERATIONS DESCRIPTION Comprises charges for depreciation and impairment due to obsolescence and wear and tear of Property, Plant and Equipment, as well as amortizations of expenses determined by the entity at the close of each accounting period.

SUB-ACCOUNT 4130 DEPRECIATION OF REAL ESTATE SUB-SUBACCOUNT 4130000 DEPRECIATION OF BUILDINGS SUB-SUBACCOUNT 4130010 DEPRECIATION OF INSTALLATIONS SUB-SUBACCOUNT 4130020 DEPRECIATION OF ASSETS UNDER FINANCIAL LEASE

SUB-ACCOUNT 4131 DEPRECIATION OF MOVABLE ASSETS SUB-SUBACCOUNT 4131000 DEPRECIATION OF FURNITURE AND EQUIPMENT SUB-SUBACCOUNT 4131010 DEPRECIATION OF TRANSPORT EQUIPMENT SUB-SUBACCOUNT 4131020 DEPRECIATION OF OTHER MISCELLANEOUS USE ASSETS

SUB-SUBACCOUNT 4131030 DEPRECIATION OF INSTALLATIONS AND IMPROVEMENTS IN RENTED PROPERTIES SUB-SUBACCOUNT 4131040 DEPRECIATION OF SECURITY EQUIPMENT SUB-SUBACCOUNT 4131050 DEPRECIATION OF COMMUNICATIONS EQUIPMENT

SUB-ACCOUNT 4132 AMORTIZATION OF INTANGIBLE ASSETS SUB-SUBACCOUNT 4132000 AMORTIZATION OF STOCK EXCHANGE POST SUB-SUBACCOUNT 4132010 AMORTIZATION OF LICENSES AND CONCESSIONS SUB-SUBACCOUNT 4132020 AMORTIZATION OF SOFTWARE PROGRAMS SUB-SUBACCOUNT 4132030 AMORTIZATION OF FRANCHISES SUB-SUBACCOUNT 4132040 AMORTIZATION OF WEBSITES SUB-SUBACCOUNT 4132050 AMORTIZATION OF OTHER INTANGIBLES

SUB-ACCOUNT 4133 ASSET IMPAIRMENT LOSSES DESCRIPTION These accounts record the impairment of non-current assets due to extraordinary causes other than depreciation from usual use and the passage of time, and differences in changes in fair value. SUB-SUBACCOUNT 4133000 IMPAIRMENT OF BUILDINGS SUB-SUBACCOUNT 4133010 IMPAIRMENT OF INSTALLATIONS SUB-SUBACCOUNT 4133020 IMPAIRMENT OF FURNITURE AND EQUIPMENT SUB-SUBACCOUNT 4133030 IMPAIRMENT OF TRANSPORT EQUIPMENT SUB-SUBACCOUNT 4133040 IMPAIRMENT OF OTHER MISCELLANEOUS USE ASSETS SUB-SUBACCOUNT 4133050 IMPAIRMENT OF INSTALLATIONS AND IMPROVEMENTS IN RENTED PROPERTIES SUB-SUBACCOUNT 4133060 IMPAIRMENT OF SECURITY EQUIPMENT SUB-SUBACCOUNT 4133070 IMPAIRMENT OF COMMUNICATIONS EQUIPMENT SUB-SUBACCOUNT 4133080 IMPAIRMENT OF STOCK EXCHANGE POSTS SUB-SUBACCOUNT 4133090 IMPAIRMENT OF LICENSES AND CONCESSIONS SUB-SUBACCOUNT 4133100 IMPAIRMENT OF SOFTWARE PROGRAMS SUB-SUBACCOUNT 4133110 IMPAIRMENT OF FRANCHISES

SUB-SUBACCOUNT 4133120 IMPAIRMENT OF WEBSITES SUB-SUBACCOUNT 4133130 IMPAIRMENT OF OTHER INTANGIBLES SUB-SUBACCOUNT 4133140 IMPAIRMENT OF ASSETS UNDER FINANCIAL LEASE SUB-SUBACCOUNT 4133150 IMPAIRMENT OF LONG-TERM ASSETS AND LIABILITIES HELD FOR SALE

DEBITS For the amount exceeding the book value with respect to the recoverable amount, with credit to the corresponding asset accounts. CREDITS For adjustments specific to the accounting period.

ACCOUNT 414 EXPENSES FOR DEPRECIATION OF PROPERTY, PLANT, AND EQUIPMENT ATTRIBUTED TO PORTFOLIO DESCRIPTION Under this account, the depreciation of all goods used to provide the portfolio administration service will be recorded.

SUB-ACCOUNT 4140 DEPRECIATION OF REAL ESTATE SUB-SUBACCOUNT 4140000 DEPRECIATION OF BUILDINGS SUB-SUBACCOUNT 4140010 DEPRECIATION OF INSTALLATIONS SUB-SUBACCOUNT 4140020 DEPRECIATION OF ASSETS UNDER FINANCIAL LEASE

SUB-ACCOUNT 4141 DEPRECIATION OF MOVABLE ASSETS SUB-SUBACCOUNT 4141000 DEPRECIATION OF FURNITURE AND EQUIPMENT SUB-SUBACCOUNT 4141010 DEPRECIATION OF TRANSPORT EQUIPMENT SUB-SUBACCOUNT 4141020 DEPRECIATION OF OTHER MISCELLANEOUS USE ASSETS SUB-SUBACCOUNT 4141030 DEPRECIATION OF INSTALLATIONS AND IMPROVEMENTS IN RENTED PROPERTIES SUB-SUBACCOUNT 4141040 DEPRECIATION OF SECURITY EQUIPMENT SUB-SUBACCOUNT 4141050 DEPRECIATION OF COMMUNICATIONS EQUIPMENT

SUB-ACCOUNT 4142 AMORTIZATION OF INTANGIBLE ASSETS ATTRIBUTED TO PORTFOLIO

CDSV-11/2010
RCTG-16/2010
MANUAL AND CHART OF ACCOUNTS FOR BROKERAGE HOUSES Approval: 06/16/2010 Effective Date: 10/01/2010 Alameda Juan Pablo II, between 15 and 17 Av. Norte, San Salvador, El Salvador. Tel. (503) 2281-8000 www.bcr.gob.sv

SUB-SUBACCOUNT 4142000 AMORTIZATION OF SOFTWARE DEBITS By the charge for the adjustment of the depreciation of Property, Plant and Equipment, at the end of each accounting period. Directly associated with portfolio administration. By the charge for the amortization of expenses at the end of each accounting period, directly associated with the portfolio administration service.

CREDITS
By the external entries and adjustments of the accounting period. Directly associated with the portfolio administration service.

ACCOUNT 415 DEVALUATION OF LONG-TERM ASSETS HELD FOR SALE DESCRIPTION

SUB-ACCOUNT 4150 DEVALUATION OF LONG-TERM ASSETS HELD FOR SALE SUB-SUBACCOUNT 4150000 INVESTMENTS IN SUBSIDIARIES SUB-SUBACCOUNT 4150010 INVESTMENTS IN AFFILIATES SUB-SUBACCOUNT 4150020 INVESTMENTS IN JOINT VENTURES SUB-SUBACCOUNT 4150030 ASSETS HELD FOR SALE SUB-SUBACCOUNT 4150040 PROPERTY, PLANT AND EQUIPMENT SUB-SUBACCOUNT 4150050 INTANGIBLE ASSETS SUB-SUBACCOUNT 4150060 ASSETS RECEIVED UNDER FINANCIAL LEASE SUB-SUBACCOUNT 4150070 ASSETS RECEIVED IN PAYMENT OR ADJUDICATED

DEBITS
With the value of the losses from the devaluation of these assets, at the end of each accounting period. For the losses from the devaluation of these assets, at the end of each accounting period.

CREDITS
By the adjustments specific to the accounting period.

ACCOUNT 416 OPERATING EXPENSES FOR INDIVIDUAL PORTFOLIO ADMINISTRATION SERVICE (1) DESCRIPTION Expenses incurred for management activities related to individual portfolio administration services provided by the entity on behalf of third parties are recorded in this account. Common expenses for both brokerage operations and individual portfolio administration operations must be separated based on a systematic and rational method. If the option to not separate them is chosen, the expense must be charged to brokerage operation expenses and not to individual portfolio administration. (1)

SUB-ACCOUNT 4160 OPERATING EXPENSES FOR PORTFOLIO ADMINISTRATION SERVICE (1) SUB-SUBACCOUNT 4160000 SURVEILLANCE AND PROTECTION SERVICES (1) SUB-SUBACCOUNT 4160010 TRANSPORTATION SERVICES (1) SUB-SUBACCOUNT 4160020 COMMUNICATION SERVICES (1) SUB-SUBACCOUNT 4160030 SECURITIES CUSTODY SERVICES (1) SUB-SUBACCOUNT 4160040 INFORMATION TECHNOLOGY SERVICES (1) SUB-SUBACCOUNT 4160050 PROFESSIONAL FEES (1) SUB-SUBACCOUNT 4160060 PRINTING SERVICES (1) SUB-SUBACCOUNT 4160070 ELECTRICITY AND WATER SERVICES (1) SUB-SUBACCOUNT 4160080 ADVERTISING SERVICES (1) SUB-SUBACCOUNT 4160090 CLEANING AND FUMIGATION SERVICES (1)

SUB-SUBACCOUNT 4160100 OFFICE MAINTENANCE SERVICES (1) SUB-SUBACCOUNT 4160110 VEHICLE MAINTENANCE SERVICES (1) SUB-SUBACCOUNT 4160120 FURNITURE AND EQUIPMENT MAINTENANCE SERVICES (1) SUB-SUBACCOUNT 4160130 PER DIEMS (1) SUB-SUBACCOUNT 4160140 SUBSCRIPTIONS (1) SUB-SUBACCOUNT 4160150 FUELS AND LUBRICANTS (1) SUB-SUBACCOUNT 4160160 CERTIFICATIONS (1) SUB-SUBACCOUNT 4160170 OTHER SERVICE EXPENSES (1)

DEBITS
For payments of various management expenses related to individual portfolio administration with the segment of operations for services provided by the entity on behalf of third parties. (1) For estimates of various expenses incurred during the fiscal year, related to the operations and activities carried out by the entity. (1)

CREDITS
By the external entries and adjustments specific to the accounting period. (1)

SUB-ACCOUNT 4161 PERSONNEL EXPENSES FOR INDIVIDUAL PORTFOLIO ADMINISTRATION (1) DESCRIPTION All personnel expenditures directly linked to individual portfolio administration are credited under this sub-account. (1)

SUB-SUBACCOUNT 4161000 SALARIES AND WAGES FOR INDIVIDUAL PORTFOLIO ADMINISTRATION PERSONNEL (1) SUB-SUBACCOUNT 4161010 COMMISSIONS TO INDIVIDUAL PORTFOLIO ADMINISTRATION AGENTS (1)

SUB-SUBACCOUNT 4161020 OVERTIME FOR INDIVIDUAL PORTFOLIO ADMINISTRATION PERSONNEL (1) SUB-SUBACCOUNT 4161030 HOLIDAY BONUSES AND ALLOWANCES (1) SUB-SUBACCOUNT 4161040 VACATIONS (1) SUB-SUBACCOUNT 4161050 UNIFORMS (1) SUB-SUBACCOUNT 4161060 TRAINING (1) SUB-SUBACCOUNT 4161070 SOCIAL BENEFITS (1) SUB-SUBACCOUNT 4161080 INSURANCE FOR PERSONNEL (1) SUB-SUBACCOUNT 4161090 INDEMNITIES (1) SUB-SUBACCOUNT 4161100 SOCIAL BENEFITS (1) SUB-SUBACCOUNT 4161110 LABOR OBLIGATIONS (1) SUB-SUBACCOUNT 4161120 OTHER PERSONNEL BENEFITS (1)

SUB-ACCOUNT 4162 MANAGEMENT EXPENSES FOR INDIVIDUAL PORTFOLIO ADMINISTRATION (1) DESCRIPTION Under these accounts, expenditures of the management directly linked to individual portfolio administration services will be credited. (1)

SUB-SUBACCOUNT 4162000 PER DIEMS (1)
SUB-SUBACCOUNT 4162010 REMUNERATIONS AND SALARIES (1) SUB-SUBACCOUNT 4162020 ENTERTAINMENT AND REPRESENTATION (1) SUB-SUBACCOUNT 4162030 OTHER BOARD EXPENSES (1)

SUB-ACCOUNT 4163 INSURANCE EXPENSES FOR INDIVIDUAL PORTFOLIO ADMINISTRATION (1)

DESCRIPTION
This sub-account will record all insurance policies that the brokerage house contracts directly associated with the individual portfolio administration service. (1)

SUB-SUBACCOUNT 4163000 INSURANCE ON MONEY AND SECURITIES (1) SUB-SUBACCOUNT 4163010 INSURANCE FOR PROPERTY, PLANT AND EQUIPMENT ASSETS (1) SUB-SUBACCOUNT 4163020 INSURANCE FOR DISHONESTY (1) SUB-SUBACCOUNT 4163030 OTHER INSURANCES (1)

SUB-ACCOUNT 4164 OTHER EXPENSES ASSOCIATED WITH INDIVIDUAL PORTFOLIO ADMINISTRATION (1) DESCRIPTION Under this sub-account, all expenditures for various expenses directly linked to individual portfolio administration will be recorded. (1)

SUB-SUBACCOUNT 4164000 PROPERTY RENTALS (1) SUB-SUBACCOUNT 4164010 LEASE OF ASSETS FOR USE (1) SUB-SUBACCOUNT 4164020 STATIONERY AND OFFICE SUPPLIES (1) SUB-SUBACCOUNT 4164030 CLEANING MATERIALS AND SUPPLIES (1) SUB-SUBACCOUNT 4164040 FINES AND PENALTIES (1) SUB-SUBACCOUNT 4164050 OTHER VARIOUS EXPENSES (1)

DEBITS
By the gross amount of remuneration payable to personnel and by the total amount of contributions accrued by the company that fall on said remuneration. Directly associated with individual portfolio administration. (1)

By the estimates of expenses incurred during the accounting period directly associated with the individual portfolio administration service. (1) By the amount of expenses for the various concepts incurred by the board of directors that provides its services to the individual portfolio administration activity. (1)

CREDIT
By the external entries and adjustments of the accounting period associated with individual portfolio administration. (1)

ACCOUNT 417 EXPENSES FOR DEPRECIATION OF PROPERTY, PLANT AND EQUIPMENT CHARGED TO INDIVIDUAL PORTFOLIO ADMINISTRATION (1) DESCRIPTION Under this account, the depreciation of all assets used to provide the individual portfolio administration service will be recorded. (1)

SUB-ACCOUNT 4170 DEPRECIATION OF REAL ESTATE (1) SUB-SUBACCOUNT 4170000 DEPRECIATION OF BUILDINGS (1) SUB-SUBACCOUNT 4170010 DEPRECIATION OF INSTALLATIONS (1) SUB-SUBACCOUNT 4170020 DEPRECIATION OF ASSETS UNDER FINANCIAL LEASE (1)

SUB-ACCOUNT 4171 DEPRECIATION OF MOVABLE PROPERTY (1) SUB-SUBACCOUNT 4171000 DEPRECIATION OF FURNITURE AND EQUIPMENT (1) SUB-SUBACCOUNT 4171010 DEPRECIATION OF TRANSPORT EQUIPMENT (1) SUB-SUBACCOUNT 4171020 DEPRECIATION OF OTHER ASSETS FOR DIVERSE USE (1)

SUB-SUBACCOUNT 4171030 DEPRECIATION OF INSTALLATIONS AND IMPROVEMENTS IN RENTED PROPERTIES (1) SUB-SUBACCOUNT 4171040 DEPRECIATION OF SECURITY EQUIPMENT (1) SUB-SUBACCOUNT 4171050 DEPRECIATION OF COMMUNICATIONS EQUIPMENT (1)

SUB-ACCOUNT 4172 AMORTIZATION OF INTANGIBLE ASSETS CHARGED TO INDIVIDUAL PORTFOLIO ADMINISTRATION (1) SUB-SUBACCOUNT 4172000 AMORTIZATION OF SOFTWARE (1)

DEBITS
By the charge for the adjustment of the depreciation of Property, Plant and Equipment, at the end of each accounting period. Directly associated with individual portfolio administration. (1) By the charge for the amortization of expenses at the end of each accounting period, directly associated with the individual portfolio administration service. (1)

CREDITS
By the external entries and adjustments of the accounting period. Directly associated with the individual portfolio administration service. (1)

ITEM 42 FINANCIAL EXPENSES

DESCRIPTION
It comprises expenses incurred during the period arising from financing obtained from financial institutions, those originated by financing via repos; as well as expenses arising from interest on accounts and documents payable and various financial expenses payable, recorded regardless of the date and method of payment. It includes the accounts corresponding to the control of inter-office financial expenses.

ACCOUNT 420 EXPENSES FOR FOREIGN CURRENCY EXCHANGE OPERATIONS DESCRIPTION Expenses incurred, related to foreign currency exchange service operations provided by the entity on behalf of third parties, are recorded in this account.

SUB-ACCOUNT 4200 FOREIGN CURRENCY EXCHANGE OPERATIONS EXPENSES SUB-SUBACCOUNT 4200000 FOREIGN CURRENCY EXCHANGE OPERATIONS EXPENSES SUB-SUBACCOUNT 4200010 EXCHANGE DIFFERENCE SUB-SUBACCOUNT 4200020 DIFFERENCE IN FOREIGN CURRENCY PURCHASE AND SALE

DEBITS
For exchange losses and in the purchase and sale of foreign currency.

CREDITS
By the external entries and adjustments specific to the accounting period.

ACCOUNT 421 OPERATING EXPENSES FOR OWN INVESTMENTS

DESCRIPTION
Expenses incurred related to the entity's own investment operations, such as interest, commissions, etc., are recorded in this account.

SUB-ACCOUNT 4210 EXPENSES FOR INVESTMENTS IN SECURITIES SUB-SUBACCOUNT 4210000 EXPENSES FOR INVESTMENTS IN FIXED INCOME SECURITIES SUB-SUBACCOUNT 4210010 EXPENSES FOR INVESTMENTS IN VARIABLE INCOME SECURITIES

SUB-ACCOUNT 4211 EXPENSES FOR INVESTMENTS IN REPOS SUB-SUBACCOUNT 4211000 EXPENSES FOR INVESTMENTS IN REPOS

SUB-ACCOUNT 4212 EXPENSES FOR INVESTMENTS IN PORTFOLIO ADMINISTRATION SUB-SUBACCOUNT 4212000 COMMISSIONS SUB-SUBACCOUNT 4212010 OTHERS

DEBITS
For payments of various expenses related to the own investments segment.

CREDITS
By the external entries and adjustments specific to the accounting period.

ACCOUNT 422 EXPENSES FOR OBLIGATIONS WITH FINANCIAL INSTITUTIONS DESCRIPTION Financial expenses related to financing obtained to develop investment activities are recorded in this account.

SUB-ACCOUNT 4220 EXPENSES FOR INTEREST
SUB-SUBACCOUNT 4220000 EXPENSES FOR OBLIGATIONS WITH LOCAL BANKS AND OTHER FINANCIAL INSTITUTIONS SUB-SUBACCOUNT 4220010 EXPENSES FOR OVERDRAFTS WITH LOCAL BANKS AND OTHER FINANCIAL INSTITUTIONS

SUB-SUBACCOUNT 4220020 EXPENSES FOR LOAN DEBTS WITH LOCAL BANKS AND OTHER FINANCIAL INSTITUTIONS SUB-SUBACCOUNT 4220030 EXPENSES FOR OTHER OBLIGATIONS WITH LOCAL BANKS AND OTHER FINANCIAL INSTITUTIONS SUB-SUBACCOUNT 4220040 EXPENSES FOR OBLIGATIONS WITH FOREIGN BANKS AND FINANCIAL INSTITUTIONS SUB-SUBACCOUNT 4220050 EXPENSES FOR OVERDRAFTS WITH FOREIGN BANKS AND FINANCIAL INSTITUTIONS SUB-SUBACCOUNT 4220060 EXPENSES FOR LOAN DEBTS WITH FOREIGN BANKS AND FINANCIAL INSTITUTIONS SUB-SUBACCOUNT 4220070 EXPENSES FOR OTHER OBLIGATIONS WITH FOREIGN BANKS AND FINANCIAL INSTITUTIONS

DEBITS
For interest, commissions, and expenses for financing and overdrafts. For expenses for credit lines. For expenses for guarantees contracted.

CREDITS
By the external entries and adjustments specific to the accounting period.

ACCOUNT 423 EXPENSES FOR ACCOUNTS AND DOCUMENTS PAYABLE DESCRIPTION Financial expenses, such as interest related to accounts and documents payable derived from the entity's own activities and the provision of services, are recorded in this account.

SUB-ACCOUNT 4230 FINANCIAL EXPENSES FOR BROKERAGE OPERATIONS SUB-SUBACCOUNT 4230000 EXPENSES FOR OBLIGATIONS FROM OWN OPERATIONS SUB-SUBACCOUNT 4230010 EXPENSES FOR OBLIGATIONS FROM BROKERAGE OPERATIONS SERVICES

SUB-SUBACCOUNT 4230020 EXPENSES FOR OBLIGATIONS FROM TAXES AND CONTRIBUTIONS SUB-SUBACCOUNT 4230030 EXPENSES FROM DIVIDENDS AND PARTICIPATIONS SUB-SUBACCOUNT 4230040 EXPENSES FOR OTHER ACCOUNTS AND DOCUMENTS PAYABLE SUB-SUBACCOUNT 4230050 EXPENSES FOR RELATED ACCOUNTS AND DOCUMENTS PAYABLE

DEBITS
For interest, commissions, and expenses originated by accounts and documents receivable.

CREDITS
By the external entries and adjustments specific to the accounting period.

ACCOUNT 424 EXPENSES FOR ASSETS RECEIVED UNDER FINANCIAL LEASE DESCRIPTION Financial expenses, such as interest derived from obligations under financial lease, are recorded in this account.

SUB-ACCOUNT 4240 EXPENSES FOR ASSETS RECEIVED UNDER FINANCIAL LEASE SUB-SUBACCOUNT 4240000 EXPENSES FOR ASSETS RECEIVED UNDER FINANCIAL LEASE

DEBITS
For expenses derived from financial lease operations.

CREDITS
By the external entries and adjustments specific to the accounting period.

ACCOUNT 425 OTHER FINANCIAL EXPENSES
DESCRIPTION
Other financial expenses derived from credit lines, guarantees contracted, exchange difference, difference in the purchase and sale of foreign currency; as well as provisions for contingencies, commitments, and other financial expenses are recorded in this account.

SUB-ACCOUNT 4250 EXPENSES FOR CREDITS
SUB-SUBACCOUNT 4250000 EXPENSES FOR CREDIT LINES SUB-SUBACCOUNT 4250010 EXPENSES FOR GUARANTEES CONTRACTED

SUB-ACCOUNT 4251 EXPENSES FOR CONTINGENCIES, COMMITMENTS, AND OTHERS SUB-SUBACCOUNT 4251000 PROVISION FOR CONTINGENCIES SUB-SUBACCOUNT 4251010 PROVISION FOR COMMITMENTS SUB-SUBACCOUNT 4251020 OTHER FINANCIAL EXPENSES

DEBITS
For expenses for guarantees contracted.
For provisions for contingencies.
For provisions for commitments.

CREDITS
By the external entries and adjustments specific to the accounting period.

ACCOUNT 426 PROVISIONS FOR UNCOLLECTIBILITY AND DEVALUATION OF INVESTMENTS DESCRIPTION It comprises charges for provisions for uncollectibility of accounts and documents receivable, for the devaluation of investments in securities, and the write-off of asset yields.

SUB-ACCOUNT 4260 PROVISION FOR UNCOLLECTIBILITY OF ACCOUNTS AND DOCUMENTS RECEIVABLE SUB-SUBACCOUNT 4260000 PROVISION FOR ACCOUNTS AND DOCUMENTS RECEIVABLE

SUB-ACCOUNT 4261 PROVISION FOR DEVALUATION OF ASSETS AND LIABILITIES SUB-SUBACCOUNT 4261000 HELD FOR TRADING SUB-SUBACCOUNT 4261010 AVAILABLE FOR SALE

SUB-ACCOUNT 4262 PROVISION FOR OTHER ASSETS

SUB-SUBACCOUNT 4262000 PROVISION FOR OTHER ASSETS

SUB-ACCOUNT 4263 WRITE-OFF OF ASSET YIELDS SUB-SUBACCOUNT 4263000 WRITE-OFF OF YIELDS FROM AVAILABLE FOR SALE SUB-SUBACCOUNT 4263010 WRITE-OFF OF YIELDS FROM ACCOUNTS AND DOCUMENTS RECEIVABLE SUB-SUBACCOUNT 4263020 WRITE-OFF OF YIELDS FROM FINANCIAL INVESTMENTS

SUB-ACCOUNT 4264 IMPAIRMENT OF FINANCIAL ASSETS SUB-SUBACCOUNT 4264000 FINANCIAL ASSETS AVAILABLE FOR SALE SUB-SUBACCOUNT 4264010 FINANCIAL ASSETS HELD TO MATURITY SUB-SUBACCOUNT 4264020 FINANCIAL ASSETS HELD FOR TRADING

DEBITS
By the charge for the adjustment of the provision for uncollectibility of accounts and documents receivable at the end of each accounting period. By the charge for the adjustment of the provision for value fluctuation at the end of each accounting period. By the amount of securities whose redemption at maturity is not possible.

CREDITS
By the external entries and adjustments of the accounting period.

ACCOUNT 427 LOSSES ON SALE OF ASSETS
DESCRIPTION
These accounts must represent the value of losses incurred in the sale of securities. The loss must be recorded when it is known, that is, even before the transaction cycle is closed in the cases of repos and other brokerage operations.

SUB-ACCOUNT 4270 LOSSES ON SALE OF ASSETS SUB-SUBACCOUNT 4270000 TRADABLE FINANCIAL ASSETS AND LIABILITIES SUB-SUBACCOUNT 4270010 FINANCIAL ASSETS AT FAIR VALUE WITH EFFECT ON RESULTS SUB-SUBACCOUNT 4270020 FINANCIAL ASSETS AVAILABLE FOR SALE SUB-SUBACCOUNT 4270030 FINANCIAL ASSETS HELD TO MATURITY SUB-SUBACCOUNT 4270040 REAL ESTATE AND INVESTMENT PROPERTIES

DEBITS
For the loss incurred in the sale, with a credit to the corresponding financial asset account.

CREDITS
By the external entries and adjustments of the accounting period.

ITEM 43 EXTRAORDINARY EXPENSES
DESCRIPTION
It comprises atypical and exceptional expenses produced by losses from disasters, thefts, robberies, and frauds, as well as in the sale of goods and others, in the fiscal years.

ACCOUNT 430 EXTRAORDINARY EXPENSES
DESCRIPTION
It comprises atypical and exceptional expenses produced by losses from disasters, thefts, robberies, and frauds, as well as in the sale of goods and others produced in the accounting period or at the end of the fiscal year.

SUB-ACCOUNT 4300 EXTRAORDINARY EXPENSES
SUB-SUBACCOUNT 4300000 LOSSES FROM DISASTERS SUB-SUBACCOUNT 4300010 LOSSES FROM THEFTS, ROBBERIES, AND FRAUDS SUB-SUBACCOUNT 4300020 LOSSES ON SALE OF GOODS SUB-SUBACCOUNT 4300030 OTHER EXTRAORDINARY EXPENSES

DEBITS
By the amount of extraordinary expenses paid or

accrued by the entity.

CREDITS
By the external entries and adjustments of the accounting period.

ITEM 44 INCOME TAX
DESCRIPTION
It comprises the income tax calculated in accordance with the Law in the corresponding accounting period.

ACCOUNT 440 INCOME TAX
DESCRIPTION
Charges for income tax in the corresponding accounting period are recorded in this account.

SUB-ACCOUNT 440 INCOME TAX
SUB-SUBACCOUNT 4400000 INCOME TAX

DEBITS
By the amount of charges for income tax of the accounting period with a credit to the account Prepayment of income tax. By the amount of charges for income tax of the accounting period with a credit to the account Tax credit for income tax.

CREDITS
By the amount of income tax in the current accounting period or end of the fiscal year with a charge to the account Result of the fiscal year.

ELEMENT 5 INCOME

DESCRIPTION Groups the accounts that accumulate operating income, financial income, miscellaneous management income; as well as, extraordinary income generated during the period, which are recorded as they are realized or incurred, respectively, regardless of the date and form of payment.

In the case of recording income, contemplated in Article 4 of the Income Tax Law or other exempt from said tax, an auxiliary report must be kept, in which the following will be detailed:

This report must be totaled each month in order to reconcile it with trial balance figures.

This separation will be made in order to associate non-taxable income with its corresponding expenses in accordance with Article 32 of the Income Tax Law regulations, second paragraph, and what is stipulated in Article 28, second paragraph of the Income Tax Law.

ITEM 51 OPERATING INCOME

DESCRIPTION Comprises income originated by operations in own investments resulting from the differential in the purchase and sale of securities, which is determined by deducting from the selling price the direct selling expenses, commissions, and others, and the book value of the investment; the book value is the balance at which investments appear in the respective account, less the corresponding provision for devaluation. In cases where the result from sales is a loss, it is recorded in account 421 Operating Expenses for own investments.

It also comprises income from services provided in stock market operations, portfolio administration services, collection, advisory, and registration services, as well as from foreign currency exchange operations.

Income from returns in the form of interest and dividends will be recorded in the corresponding accounts under the financial income item.

ACCOUNT 510 INCOME FROM STOCK MARKET SERVICES

DESCRIPTION In this account, income originated by stock market operation services developed by the entity on behalf of third parties is recorded.

SUB-ACCOUNT 5100 INCOME FROM STOCK MARKET OPERATION SERVICES

SUB-SUBACCOUNT 5100000 INCOME FROM PLACEMENT SERVICES PRIMARY MARKET

DESCRIPTION Represents the set of income from placement services in the primary market to issuers.

SUB-SUBACCOUNT 5100010 INCOME FROM PLACEMENT SERVICES SECONDARY MARKET

SUB-SUBACCOUNT 5100020 INCOME FROM REPO SERVICES

DESCRIPTION Represents the set of income received from commissions and others in repo services.

SUB-SUBACCOUNT 5100030 INCOME FROM OPERATIONS ABROAD

DEBITS For external items and adjustments at the end of the accounting period. CREDITS For income amounts from service operations to third parties, such as commissions, repos, etc.

ACCOUNT 511 INCOME FROM PORTFOLIO ADMINISTRATION SERVICES OPERATIONS

DESCRIPTION This account represents the amount of income generated by portfolio administration services.

SUB-ACCOUNT 5110 INCOME FROM PORTFOLIO ADMINISTRATION SERVICES OPERATIONS

SUB-SUBACCOUNT 5110000 COMMISSIONS FOR PORTFOLIO ADMINISTRATION

SUB-SUBACCOUNT 5110010 PENALTIES

SUB-SUBACCOUNT 5110020 OTHER INCOME FROM PORTFOLIO ADMINISTRATION

DEBITS For external items and adjustments at the end of the accounting period.

CREDITS For income amounts from service operations to third parties in portfolio administration, such as commissions, penalties for early withdrawal, etc.

ACCOUNT 512 MISCELLANEOUS INCOME

DESCRIPTION Represents the income that the house receives for concepts other than portfolio administration services or stock market services to third parties.

SUB-ACCOUNT 5120 INCOME FROM COLLECTION SERVICES OPERATIONS

SUB-SUBACCOUNT 5120000 INCOME FROM COLLECTION SERVICE OPERATIONS

SUB-SUBACCOUNT 5120010 INCOME FROM COLLECTION SERVICES OF RETURNS

SUB-ACCOUNT 5121 INCOME FROM MISCELLANEOUS SERVICES OPERATIONS

SUB-SUBACCOUNT 5121000 INCOME FROM REGISTRATION SERVICES

SUB-SUBACCOUNT 5121010 INCOME FROM ADVISORY SERVICES

SUB-SUBACCOUNT 5121020 INCOME FROM REPRESENTATION SERVICES OF SECURITY HOLDERS

SUB-ACCOUNT 5122 MISCELLANEOUS INCOME

DESCRIPTION In this account, income originated by advisory and registration services developed by the entity on behalf of third parties is recorded.

SUB-SUBACCOUNT 5122000 INCOME FROM TRAINING

SUB-SUBACCOUNT 5122010 INCOME FROM RECOVERY OF EXPENSES

SUB-SUBACCOUNT 5122020 OTHER INCOME

SUB-ACCOUNT 5123 REVERSALS OF IMPAIRMENT OF NON-CURRENT ASSETS

SUB-SUBACCOUNT 5123000 REVERSALS OF IMPAIRMENT OF NON-CURRENT ASSETS

SUB-ACCOUNT 5124 OTHER INCOME

SUB-SUBACCOUNT 5124000 REVERSAL FOR IMPAIRMENT OF FINANCIAL ASSETS AND LIABILITIES

SUB-SUBACCOUNT 5124010 CHANGES IN FAIR VALUE OF FINANCIAL ASSETS AND LIABILITIES

SUB-SUBACCOUNT 5124020 GAINS FROM SALE OF FINANCIAL INVESTMENTS

DEBITS For external items and adjustments at the end of the accounting period.

CREDITS For income amounts from service operations to third parties.

SUB-ACCOUNT 5125 INCOME FROM MARKETING OF PARTICIPATION UNITS OF OPEN-ENDED INVESTMENT FUNDS (3)

DESCRIPTION In this sub-account, income originated from marketing services of participation units of Open-Ended Investment Funds is recorded. (3)

SUB-SUBACCOUNT 5125000 COMMISSIONS FROM MARKETING OF PARTICIPATION UNITS OF LOCAL OPEN-ENDED INVESTMENT FUNDS (3)

SUB-SUBACCOUNT 5125010 COMMISSIONS FROM MARKETING OF PARTICIPATION UNITS OF FOREIGN OPEN-ENDED INVESTMENT FUNDS (3)

SUB-SUBACCOUNT 5125020 OTHERS (3)

DEBITS For adjustments at the end of the accounting period. (3) CREDITS For income amounts from marketing operations of participation units of Open-Ended Investment Funds, both local and foreign. (3)

ACCOUNT 513 INCOME FROM INDIVIDUAL PORTFOLIO ADMINISTRATION SERVICES OPERATIONS (1)

DESCRIPTION This account represents the amount of income generated by individual portfolio administration services. (1)

SUB-ACCOUNT 5130 INCOME FROM INDIVIDUAL PORTFOLIO ADMINISTRATION SERVICES OPERATIONS (1)

SUB-SUBACCOUNT 5130000 COMMISSIONS FOR INDIVIDUAL PORTFOLIO ADMINISTRATION (1)

SUB-SUBACCOUNT 5130010 PENALTIES (1)

SUB-SUBACCOUNT 5130020 OTHER INCOME FROM INDIVIDUAL PORTFOLIO ADMINISTRATION (1)

DEBITS For external items and adjustments at the end of the accounting period. (1) CREDITS For income amounts from service operations to third parties for individual portfolio administration. (1)

ITEM 52 FINANCIAL INCOME

DESCRIPTION Comprises financial income in the form of interest from the financial resource placement activity developed by the entity, coming from returns on liquidity, FINANCIAL INVESTMENTS, accounts and documents receivable, and other financial income. It includes accounts for the control of inter-office income.

Income from the differential in the purchase and sale of securities is recorded in the respective account under the operating income item.

ACCOUNT 520 FOREIGN CURRENCY PURCHASE AND SALE OPERATIONS

DESCRIPTION In this account, income originated by foreign currency exchange operations developed by the entity is recorded.

SUB-ACCOUNT 5200 INCOME FROM FOREIGN CURRENCY EXCHANGE OPERATIONS

SUB-SUBACCOUNT 5200000 INCOME FROM FOREIGN CURRENCY EXCHANGE OPERATIONS

SUB-SUBACCOUNT 5200010 EXCHANGE DIFFERENTIAL

SUB-SUBACCOUNT 5200020 DIFFERENTIAL IN FOREIGN CURRENCY PURCHASE AND SALE

DEBITS For external items and adjustments at the end of the accounting period. CREDITS For the gain from exchange differential.

For the gain from differential in foreign currency purchase and sale.

ACCOUNT 521 INCOME FROM FINANCIAL INVESTMENTS

DESCRIPTION Represents the set of income received by the brokerage house, as a product of its FINANCIAL INVESTMENTS, classified according to whether the income is taxable or exempt from income tax.

SUB-ACCOUNT 5210 TAXABLE INCOME FOR INCOME TAX

SUB-SUBACCOUNT 5210000 INCOME FROM INVESTMENT OPERATIONS IN FIXED INCOME SECURITIES

SUB-SUBACCOUNT 5210010 INCOME FROM INVESTMENT OPERATIONS IN VARIABLE INCOME SECURITIES

SUB-SUBACCOUNT 5210020 INCOME FROM INVESTMENT OPERATIONS IN REPOS

SUB-SUBACCOUNT 5210030 INCOME FROM INVESTMENT OPERATIONS IN PORTFOLIO ADMINISTRATION

SUB-SUBACCOUNT 5210040 OTHERS

SUB-ACCOUNT 5211 INCOME EXEMPT FROM INCOME TAX

SUB-SUBACCOUNT 5211000 INCOME FROM INVESTMENT OPERATIONS IN FIXED INCOME SECURITIES

SUB-ACCOUNT 5212 INCOME FROM INTERESTS

SUB-SUBACCOUNT 5212000 INTERESTS AND DIVIDENDS FROM THE FINANCIAL INVESTMENT PORTFOLIO

DEBITS For correction of accounting errors.

For settlement of the account.

CREDITS For the recognition of income from investments made.

ACCOUNT 522 INCOME FROM ACCOUNTS AND DOCUMENTS RECEIVABLE

DESCRIPTION In this account, income accrued during the period in the form of interest, originated by operations included in the accounts and documents receivable item, is recorded.

SUB-ACCOUNT 5220 RETURNS FROM ACCOUNTS AND DOCUMENTS RECEIVABLE

SUB-SUBACCOUNT 5220000 INTERESTS

SUB-SUBACCOUNT 5220010 LATE PAYMENT

DEBITS For accumulations of the accounting period, including corresponding adjustments.

CREDITS For amounts collected corresponding to uncollectible or written-off accounts and documents receivable.

For amounts collected corresponding to devalued and written-off investments.

ACCOUNT 523 RECOVERY OF FINANCIAL ASSETS

DESCRIPTION Comprises income attributable to the exercise in the form of recovery of financial assets considered uncollectible. It includes the decrease in provisions for accounts and documents receivable, financial investments, as well as the recovery of accounts and documents receivable and financial investments that had been written off.

SUB-ACCOUNT 5230 RECOVERY OF FINANCIAL ASSETS

SUB-SUBACCOUNT 5230000 RECOVERY OF FINANCIAL ASSETS

SUB-ACCOUNT 5231 DECREASE IN PROVISIONS FOR ACCOUNTS AND DOCUMENTS RECEIVABLE AND INVESTMENTS

SUB-SUBACCOUNT 5231000 DECREASE IN PROVISIONS FOR ACCOUNTS AND DOCUMENTS RECEIVABLE

SUB-SUBACCOUNT 5231010 DECREASE IN PROVISIONS FOR FINANCIAL INVESTMENTS

DEBITS For accumulations of the accounting period, including corresponding adjustments. CREDITS For the decrease in provisions for accounts and documents receivable and financial investments.

ACCOUNT 524 OTHER FINANCIAL INCOME

DESCRIPTION In this account, income accrued during the period in the form of exchange differential and differential in purchase and sale, originated by operations developed in foreign currency, is recorded.

SUB-ACCOUNT 5240 OTHER FINANCIAL INCOME

SUB-SUBACCOUNT 5240000 OTHER FINANCIAL INCOME

DEBITS For accumulations of the accounting period, including corresponding adjustments. CREDITS For inter-office financial income.

ITEM 53 EXTRAORDINARY INCOME

DESCRIPTION Comprises income generated by operations other than those the entity usually carries out, such as the sale of movable and immovable property, other extraordinary income.

ACCOUNT 530 EXTRAORDINARY INCOME

DESCRIPTION In this account, income generated by operations other than those the entity usually carries out, such as the sale of movable and immovable property and other extraordinary income, is recorded.

SUB-ACCOUNT 5300 EXTRAORDINARY INCOME

SUB-SUBACCOUNT 5300000 GAIN ON SALE OF ASSETS

SUB-SUBACCOUNT 5300010 OTHER EXTRAORDINARY INCOME

DEBITS For accumulations of the accounting period, including corresponding adjustments. CREDITS For the realization of gain on the sale of movable and immovable property and extraordinary events in accordance with IFRS.

ELEMENT 6 CONTINGENCIES OF COMMITMENT AND OWN CONTROL

DESCRIPTION Groups debtor and creditor accounts for those operations in which the entity's obligation is conditioned on a fact occurring or not, depending on future factors and which may result in the loss of an asset or the accumulation of a liability.

The referred operations give rise to a legal relationship with third parties.

ITEM 61 DEBIT CONTINGENCIES OF COMMITMENT

DESCRIPTION Contains debtor accounts for the recording of contingencies in favor of the house.

ACCOUNT 610 GUARANTEES GRANTED

DESCRIPTION This account registers guarantees granted for stock market and portfolio administration operations, in accordance with the Securities Market Law, as well as other guarantees granted by the House, sureties, and bonds granted.

SUB-ACCOUNT 6100 FOR STOCK MARKET OPERATIONS

SUB-SUBACCOUNT 6100000 FOR STOCK MARKET OPERATIONS

SUB-ACCOUNT 6101 FOR PORTFOLIO ADMINISTRATION

SUB-SUBACCOUNT 6101000 FOR PORTFOLIO ADMINISTRATION

SUB-ACCOUNT 6102 OTHER GUARANTEES

SUB-SUBACCOUNT 6102000 OTHER GUARANTEES

SUB-ACCOUNT 6103 SURETIES AND BONDS GRANTED

SUB-SUBACCOUNT 6103000 SURETIES AND BONDS GRANTED

ACCOUNT 611 LITIGATION AND LAWSUITS

DESCRIPTION In this account, contingencies for lawsuits and lawsuits that are in process are recorded.

SUB-ACCOUNT 6110 LITIGATION AND LAWSUITS

SUB-SUBACCOUNT 6110000 LITIGATION AND LAWSUITS

ACCOUNT 612 ISSUER VALUES IN EXISTENCE FOR TRADING

DESCRIPTION Registers values that have been received from issuers as primary subscription to be traded under the best efforts modality. In which the house does not acquire ownership of the securities, nor any monetary obligation for placement.

SUB-ACCOUNT 6120 ISSUER VALUES IN EXISTENCE FOR TRADING

SUB-SUBACCOUNT 6120000 ISSUER VALUES IN EXISTENCE FOR TRADING

ACCOUNT 613 OTHER CONTINGENCIES AND COMMITMENTS

DESCRIPTION This account registers other contingencies or commitments in favor of the House, not contemplated in the previous ones.

SUB-ACCOUNT 6130 STOCK MARKET OPERATIONS

SUB-SUBACCOUNT 6130000 STOCK MARKET OPERATIONS

SUB-ACCOUNT 6131 PORTFOLIO ADMINISTRATION

SUB-SUBACCOUNT 6131000 PORTFOLIO ADMINISTRATION

SUB-ACCOUNT 6132 OTHERS

SUB-SUBACCOUNT 6132000 OTHERS

SUB-ACCOUNT 6133 INDIVIDUAL PORTFOLIO ADMINISTRATION (1)

SUB-SUBACCOUNT 6133000 INDIVIDUAL PORTFOLIO ADMINISTRATION (1)

ACCOUNT 614 OWN REPO OPERATIONS

DESCRIPTION Control account that reflects the right to repurchase on values, sold in repo sale operations, as well as controls the obligation to sell titles in repo purchase operations in which the house is the buying entity.

SUB-ACCOUNT 6140 RIGHT OF REPURCHASE FOR SALES REPOS

SUB-SUBACCOUNT 6140000 RIGHT OF REPURCHASE FOR SALES REPOS

SUB-ACCOUNT 6141 RIGHTS TO RECEIVE IN MONEY, FOR PURCHASE REPOS

SUB-SUBACCOUNT 6141000 RIGHTS TO RECEIVE IN MONEY, FOR PURCHASE REPOS

ITEM 62 CONTROL ACCOUNTS

DESCRIPTION This comprises control accounts for the company's values and assets, which are not recorded in equity accounts, due to their nature.

ACCOUNT 620 OWN VALUES AND GOODS IN CUSTODY

DESCRIPTION Registers the value of own values and goods that are in custody of an authorized institution.

SUB-ACCOUNT 6200 SECURITIES IN CUSTODY

SUB-SUBACCOUNT 6200000 SECURITIES IN CUSTODY

SUB-ACCOUNT 6201 GOODS IN CUSTODY

SUB-SUBACCOUNT 6201000 GOODS IN CUSTODY

SUB-ACCOUNT 6202 DOCUMENTS IN CUSTODY

SUB-SUBACCOUNT 6202000 DOCUMENTS IN CUSTODY

ACCOUNT 621 OWN VALUES AND GOODS PLEDGED AS COLLATERAL

DESCRIPTION Registers the values and goods of the company that have been pledged as collateral.

SUB-ACCOUNT 6210 SECURITIES

SUB-SUBACCOUNT 6210000 SECURITIES

SUB-ACCOUNT 6211 MOVABLE AND IMMOVABLE GOODS

SUB-SUBACCOUNT 6211000 MOVABLE AND IMMOVABLE GOODS

SUB-ACCOUNT 6212 OTHER PLEDGED GUARANTEES

SUB-SUBACCOUNT 6212000 OTHER PLEDGED GUARANTEES

ACCOUNT 622 UNUTILIZED OBTAINED CREDITS

DESCRIPTION Registers credits obtained, but which have not yet been used, such as authorized overdrafts, credits, etc.

SUB-ACCOUNT 6220 UNUTILIZED OBTAINED CREDITS

SUB-SUBACCOUNT 6220000 UNUTILIZED OBTAINED CREDITS

ACCOUNT 623 GUARANTEES RECEIVED

DESCRIPTION Registers the value of guarantees received for operations carried out with third parties, such as credits or other operations for which the house must demand a guarantee.

SUB-ACCOUNT 6230 FIXED INCOME SECURITIES

SUB-SUBACCOUNT 6230000 FIXED INCOME SECURITIES

SUB-ACCOUNT 6231 VARIABLE INCOME SECURITIES

SUB-SUBACCOUNT 6231000 VARIABLE INCOME SECURITIES

SUB-ACCOUNT 6232 RETURN ON INVESTMENTS

SUB-SUBACCOUNT 6232000 RETURN ON INVESTMENTS

ACCOUNT 624 MISCELLANEOUS CONTROL ACCOUNTS

DESCRIPTION This account registers the control of those assets that no longer appear in the Balance Sheet with a monetary value, but which must be controlled due to their existence or possible recovery.

SUB-ACCOUNT 6240 DEPRECIATED PROPERTY, PLANT AND EQUIPMENT

SUB-SUBACCOUNT 6240000 DEPRECIATED PROPERTY, PLANT AND EQUIPMENT

SUB-ACCOUNT 6241 NON-DEPRECIABLE GOODS

SUB-SUBACCOUNT 6241000 NON-DEPRECIABLE GOODS

SUB-ACCOUNT 6242 UNCOLLECTIBLE AND WRITT-OFF ACCOUNTS AND DOCUMENTS RECEIVABLE

SUB-SUBACCOUNT 6242000 UNCOLLECTIBLE AND WRITT-OFF ACCOUNTS AND DOCUMENTS RECEIVABLE

SUB-ACCOUNT 6243 RETURNS FROM WRITT-OFF ACCOUNTS AND DOCUMENTS RECEIVABLE

SUB-SUBACCOUNT 6243000 RETURNS FROM WRITT-OFF ACCOUNTS AND DOCUMENTS RECEIVABLE

SUB-ACCOUNT 6244 RETURNS FROM ACCOUNTS AND DOCUMENTS RECEIVABLE IN DOUBTFUL COLLECTION

SUB-SUBACCOUNT 6244000 RETURNS FROM ACCOUNTS AND DOCUMENTS RECEIVABLE IN DOUBTFUL COLLECTION

ELEMENT 7 CONTINGENCIES OF COMMITMENT AND OWN CONTROL (5)

DESCRIPTION Represents the eventual obligations that the entity would have, by having indirectly assumed responsibility by guaranteeing to third parties; by lawsuits and lawsuits against the entity; as well as, by obligations pending to fulfill and by developing operations in favor of third parties, which may result in the loss of a

CDSV-11/2010
RCTG-16/2010
MANUAL AND CHART OF ACCOUNTS FOR BROKERAGE HOUSES Approval: 16/06/2010 Validity: 01/10/2010 Alameda Juan Pablo II, between 15 and 17 Av. Norte, San Salvador, El Salvador. Tel. (503) 2281-8000 www.bcr.gob.sv asset or in the accumulation of a liability. ITEM 71 CONTINGENT AND COMMITMENT ACCOUNTS - CREDITORS DESCRIPTION Comprises the accounts for the recording of the responsibility that may be held for operations related to third parties, whether these are guarantees, litigation, lawsuits, or other types of obligations. ACCOUNT 710 LIABILITY FOR GUARANTEES ISSUED DESCRIPTION This account records the contingent obligation of the entity in favor of third parties for guarantees issued. SUB-ACCOUNT 7100 LIABILITY FOR GUARANTEES ISSUED TO FINANCIAL INSTITUTIONS SUB-SUB-ACCOUNT 7100000 LIABILITY FOR GUARANTEES ISSUED TO FINANCIAL INSTITUTIONS SUB-ACCOUNT 7101 LIABILITY FOR OTHER GUARANTEES ISSUED SUB-SUB-ACCOUNT 7101000 LIABILITY FOR OTHER GUARANTEES ISSUED ACCOUNT 711 LIABILITY FOR LITIGATION AND LAWSUITS DESCRIPTION This account records the contingent liability with third parties for litigation and lawsuits against the entity. SUB-ACCOUNT 7110 LIABILITY FOR LITIGATION AND LAWSUITS SUB-SUB-ACCOUNT 7110000 LIABILITY FOR LITIGATION AND LAWSUITS ACCOUNT 712 LIABILITY FOR COMMITMENTS TO PRIMARY PLACEMENT

CDSV-11/2010
RCTG-16/2010
MANUAL AND CHART OF ACCOUNTS FOR BROKERAGE HOUSES Approval: 16/06/2010 Validity: 01/10/2010 Alameda Juan Pablo II, between 15 and 17 Av. Norte, San Salvador, El Salvador. Tel. (503) 2281-8000 www.bcr.gob.sv DESCRIPTION This account records the contingent obligation of the entity with third parties, for the responsibility of commitments to primary placement of securities in the securities market. SUB-ACCOUNT 7120 LIABILITY FOR PRIMARY PLACEMENT OF SECURITIES SUB-SUB-ACCOUNT 7120000 LIABILITY FOR PRIMARY PLACEMENT OF SECURITIES ACCOUNT 713 LIABILITY FOR OTHER CONTINGENCIES AND COMMITMENTS DESCRIPTION This account records the contingent obligation of the entity with third parties, for the responsibility for other contingencies and commitments not contemplated previously. SUB-ACCOUNT 7130 LIABILITY FOR PAYMENTS ON BEHALF OF ISSUERS SUB-SUB-ACCOUNT 7130000 LIABILITY FOR PAYMENTS ON BEHALF OF ISSUERS ACCOUNT 714 OBLIGATIONS AND RIGHTS FROM OWN REPO OPERATIONS DESCRIPTION Represents the contra account of the operations recorded, under code 614, it contains the obligation to pay in currency for sale repos made, as well as the right to purchase on the securities, for purchase repos. SUB-ACCOUNT 7140 OBLIGATIONS FROM SALE REPO OF SECURITIES SUB-SUB-ACCOUNT 7140000 LIABILITY FOR PAYMENTS ON BEHALF OF ISSUERS SUB-ACCOUNT 7141 OBLIGATION TO RESALE SECURITIES, FROM PURCHASE OPERATIONS SUB-SUB-ACCOUNT 7141000 OBLIGATION TO RESALE SECURITIES, FROM PURCHASE OPERATIONS

CDSV-11/2010
RCTG-16/2010
MANUAL AND CHART OF ACCOUNTS FOR BROKERAGE HOUSES Approval: 16/06/2010 Validity: 01/10/2010 Alameda Juan Pablo II, between 15 and 17 Av. Norte, San Salvador, El Salvador. Tel. (503) 2281-8000 www.bcr.gob.sv ITEM 72 CONTROL ACCOUNTS - CREDITORS DESCRIPTION This comprises the contra-control accounts of the securities and assets of the company, which by their nature are not recorded in the equity accounts. ACCOUNT 720 CONTRA-ACCOUNT FOR OWN SECURITIES AND GOODS IN CUSTODY DESCRIPTION This account records the value of the securities and own goods that are in custody of an authorized institution. SUB-ACCOUNT 7200 CONTRA-ACCOUNT FOR OWN SECURITIES AND GOODS IN CUSTODY SUB-SUB-ACCOUNT 7200000 CONTRA-ACCOUNT FOR OWN SECURITIES AND GOODS IN CUSTODY ACCOUNT 721 CONTRA-ACCOUNT FOR OWN SECURITIES AND GOODS PLEDGED AS COLLATERAL DESCRIPTION Records the securities and goods of the company, which have been pledged as collateral. SUB-ACCOUNT 7210 CONTRA-ACCOUNT FOR OWN SECURITIES AND GOODS PLEDGED AS COLLATERAL SUB-SUB-ACCOUNT 7210000 CONTRA-ACCOUNT FOR OWN SECURITIES AND GOODS PLEDGED AS COLLATERAL ACCOUNT 722 CONTRA-ACCOUNT FOR OBTAINED CREDITS NOT USED DESCRIPTION Records the responsibility for the credits obtained not used. SUB-ACCOUNT 722 CONTRA-ACCOUNT FOR OBTAINED CREDITS NOT USED SUB-SUB-ACCOUNT 7220000 CONTRA-ACCOUNT FOR OBTAINED CREDITS NOT USED ACCOUNT 723 LIABILITY FOR GUARANTEES RECEIVED

CDSV-11/2010
RCTG-16/2010
MANUAL AND CHART OF ACCOUNTS FOR BROKERAGE HOUSES Approval: 16/06/2010 Validity: 01/10/2010 Alameda Juan Pablo II, between 15 and 17 Av. Norte, San Salvador, El Salvador. Tel. (503) 2281-8000 www.bcr.gob.sv DESCRIPTION Records the responsibility that the house has for the value of the guarantees received for operations carried out with third parties, such as credits or other operations for which the house must require a guarantee. SUB-ACCOUNT 7230 LIABILITY FOR GUARANTEES RECEIVED SUB-SUB-ACCOUNT 7230000 LIABILITY FOR GUARANTEES RECEIVED ACCOUNT 724 CONTRA-ACCOUNT FOR VARIOUS CONTROL ACCOUNTS DESCRIPTION Records the values corresponding to the accounts of goods and securities, which no longer appear in the balance sheet, but which must be kept under control. SUB-ACCOUNT 724 CONTRA-ACCOUNT FOR VARIOUS CONTROL ACCOUNTS SUB-SUB-ACCOUNT 7240000 CONTRA-ACCOUNT FOR VARIOUS CONTROL ACCOUNTS ELEMENT 8 SECURITIES SERVICES OPERATIONS, PORTFOLIO MANAGEMENT AND INDIVIDUAL PORTFOLIO MANAGEMENT (1) DESCRIPTION Represents the accounts debtor, for cash, for rights and securities owned by third parties received by the entity for services in securities operations, portfolio management and individual portfolio management. ITEM 81 DEBTOR ACCOUNTS FOR CASH AND RIGHTS FROM SECURITIES SERVICES OPERATIONS

CDSV-11/2010
RCTG-16/2010
MANUAL AND CHART OF ACCOUNTS FOR BROKERAGE HOUSES Approval: 16/06/2010 Validity: 01/10/2010 Alameda Juan Pablo II, between 15 and 17 Av. Norte, San Salvador, El Salvador. Tel. (503) 2281-8000 www.bcr.gob.sv DESCRIPTION Comprises those operations by which the entity receives money in cash or its equivalent, as well as securities of third parties for their negotiation on the stock exchange. It includes debtor accounts for the control of cash in cash and banks, accounts receivable, securities to be received, securities received and securities delivered. It also comprises the securities received to be delivered in custody and the securities for their collection. The balances of the accounts that comprise this item represent the consolidated amounts, of cash, rights and securities of all securities operations on behalf of third parties. ACCOUNT 810 CASH DESCRIPTION This account records the amounts of cash received by the House for securities operations, originated by daily operations, on behalf of clients, funds received must be remitted daily or at the latest, during the first hours of the next business day. SUB-ACCOUNT 8100 CASH SUB-SUB-ACCOUNT 8100000 BILLS AND COINS IN LOCAL CURRENCY (M.L.) SUB-SUB-ACCOUNT 8100010 BILLS AND COINS IN FOREIGN CURRENCY (M.E.) DEBITS For the amounts of income of cash received to be invested.

CREDITS For the transfers of cash to the operational accounts. ACCOUNT 811 BANKS

CDSV-11/2010
RCTG-16/2010
MANUAL AND CHART OF ACCOUNTS FOR BROKERAGE HOUSES Approval: 16/06/2010 Validity: 01/10/2010 Alameda Juan Pablo II, between 15 and 17 Av. Norte, San Salvador, El Salvador. Tel. (503) 2281-8000 www.bcr.gob.sv DESCRIPTION This account records the movement of funds for the settlement of securities operations, for operations carried out in the Stock Exchange, or for cash received on behalf of clients by the issuers, according to the instructions received. The bank account used will be a checking account. Its balance is debit and represents the value of the money corresponding to the intermediation that has not been placed or settled, and the commissions of the House, if they have not been transferred to the administrative account. In case of existing balance, the House must know how the balance reflected in it is integrated. SUB-ACCOUNT 8110 OPERATING ACCOUNT FOR CLIENT SUB-SUB-ACCOUNT 8110000 LOCAL BANKS SUB-SUB-ACCOUNT 8110010 (6) BANKS AND OTHER FOREIGN INSTITUTIONS (6) SUB-ACCOUNT 8111 OPERATING ACCOUNT FOR ISSUER SUB-SUB-ACCOUNT 8111000 LOCAL BANKS SUB-SUB-ACCOUNT 8111010 (6) BANKS AND OTHER FOREIGN INSTITUTIONS (6) DEBITS With the value delivered by the clients and remitted to the operating accounts for purchase of securities in their different modalities and payment of commissions and taxes respectively, or for the payment of maturities of repos. With the remittances made by the Stock Exchange for the settlement of securities operations when the settlement is in favor of the House.

CDSV-11/2010
RCTG-16/2010
MANUAL AND CHART OF ACCOUNTS FOR BROKERAGE HOUSES Approval: 16/06/2010 Validity: 01/10/2010 Alameda Juan Pablo II, between 15 and 17 Av. Norte, San Salvador, El Salvador. Tel. (503) 2281-8000 www.bcr.gob.sv For the value transferred from Portfolio Management accounts to be invested in the Stock Exchange. In the bank accounts for issuance management, with the value deposited by the issuer to effect the payment of securities and coupons at maturity. CREDITS For payments to the Stock Exchange for settlement of securities operations when the settlement results in favor of the Stock Exchange. For cancellation to client sellers in securities operations, Portfolio Management. For payments made to clients who have maturities of repo operations. For transfers to administrative bank accounts for earned commissions, taxes and others. For payment of securities and coupons on behalf of the issuers.

ACCOUNT 812 ACCOUNTS RECEIVABLE
DESCRIPTION In this, the rights to be collected from the clients, the stock exchange or the issuers, at the Securities Clearing Houses, or at Foreign Intermediaries for operations securities. SUB-ACCOUNT 8120 STOCK EXCHANGE SUB-SUB-ACCOUNT 8120000 AT TODAY SUB-SUB-ACCOUNT 8120010 AT SPOT SUB-SUB-ACCOUNT 8120020 AT TERM SUB-SUB-ACCOUNT 8120030 OPTIONS

CDSV-11/2010
RCTG-16/2010
MANUAL AND CHART OF ACCOUNTS FOR BROKERAGE HOUSES Approval: 16/06/2010 Validity: 01/10/2010 Alameda Juan Pablo II, between 15 and 17 Av. Norte, San Salvador, El Salvador. Tel. (503) 2281-8000 www.bcr.gob.sv SUB-SUB-ACCOUNT 8120040 MATURITY OF THIRD-PARTY REPOS SUB-SUB-ACCOUNT 8120050 MATURITY OF PORTFOLIO REPOS SUB-SUB-ACCOUNT 8120060 MATURITY OF BANK REPOS SUB-SUB-ACCOUNT 8120070 MATURITY OF HOUSE REPOS SUB-SUB-ACCOUNT 8120080 MATURITY OF INDIVIDUAL PORTFOLIO REPO (1) SUB-SUB-ACCOUNT 8120090 MATURITY OF INVESTMENT FUND REPOS (4) SUB-ACCOUNT 8121 INVESTORS SUB-SUB-ACCOUNT 8121000 AT TODAY SUB-SUB-ACCOUNT 8121010 AT SPOT SUB-SUB-ACCOUNT 8121020 AT TERM SUB-SUB-ACCOUNT 8121030 OPTIONS SUB-SUB-ACCOUNT 8121040 MATURITY OF THIRD-PARTY REPOS SUB-SUB-ACCOUNT 8121050 MATURITY OF PORTFOLIO REPOS SUB-SUB-ACCOUNT 8121060 MATURITY OF BANK REPOS SUB-SUB-ACCOUNT 8121070 MATURITY OF HOUSE REPOS SUB-SUB-ACCOUNT 8121080 FOR FOREIGN OPERATIONS SUB-SUB-ACCOUNT 8121090 MATURITY OF INDIVIDUAL PORTFOLIO REPO (1) SUB-SUB-ACCOUNT 8121100 MATURITY OF INVESTMENT FUND REPOS (4) SUB-ACCOUNT 8122 ISSUERS SUB-SUB-ACCOUNT 8122000 COUPONS SUB-SUB-ACCOUNT 8122010 OTHERS

CDSV-11/2010
RCTG-16/2010
MANUAL AND CHART OF ACCOUNTS FOR BROKERAGE HOUSES Approval: 16/06/2010 Validity: 01/10/2010 Alameda Juan Pablo II, between 15 and 17 Av. Norte, San Salvador, El Salvador. Tel. (503) 2281-8000 www.bcr.gob.sv SUB-ACCOUNT 8123 SECURITIES CLEARING HOUSE SUB-SUB-ACCOUNT 8123000 SECURITIES CLEARING HOUSE SUB-SUB-ACCOUNT 8123010 AT TODAY (4) SUB-SUB-ACCOUNT 8123020 AT SPOT (4) SUB-SUB-ACCOUNT 8123030 AT TERM (4) SUB-SUB-ACCOUNT 8123040 OPTIONS (4) SUB-SUB-ACCOUNT 8123050 MATURITY OF THIRD-PARTY REPOS (4) SUB-SUB-ACCOUNT 8123060 MATURITY OF PORTFOLIO REPOS (4) SUB-SUB-ACCOUNT 8123070 MATURITY OF BANK REPOS (4) SUB-SUB-ACCOUNT 8123080 MATURITY OF HOUSE REPOS (4) SUB-SUB-ACCOUNT 8123090 MATURITY OF INDIVIDUAL PORTFOLIO REPO (4) SUB-SUB-ACCOUNT 8123100 MATURITY OF INVESTMENT FUND REPOS (4) SUB-ACCOUNT 8124 FOREIGN INTERMEDIARIES SUB-SUB-ACCOUNT 8124000 FOREIGN INTERMEDIARIES

DEBITS With the value to be collected from the Securities Clearing House corresponding to the balances in favor of client sellers plus the house commission and the corresponding tax for said commission. (4) For the securities operations carried out in the trading systems on the Stock Exchange. (4) With the value to be collected from the investors for operations carried out, pending settlement.

CDSV-11/2010
RCTG-16/2010
MANUAL AND CHART OF ACCOUNTS FOR BROKERAGE HOUSES Approval: 16/06/2010 Validity: 01/10/2010 Alameda Juan Pablo II, between 15 and 17 Av. Norte, San Salvador, El Salvador. Tel. (503) 2281-8000 www.bcr.gob.sv With the value to be collected from the issuers for the value of the certificates and coupons that have matured. When making purchase repos, with the value to be collected for the maturities of repos. With the value delivered of the firm funds to the Securities Clearing House for purchase of securities in foreign countries for the process of compensation and settlement. With the value delivered of the firm funds to foreign intermediaries in advance for purchase of securities. With the value delivered of the funds to be received for the sales made to Foreign Intermediaries. CREDITS With the value of the sales operations and of the maturities, when carrying out the respective settlement of funds with the Securities Clearing House. (4) With the value of the sales operations carried out on the Stock Exchange. (4) With the payment made by the investors. With the payment or credit made by the issuers for the payment of securities or coupons. With the value of the funds delivered in advance to the Securities Clearing House in the purchase of securities in foreign countries, once the compensation and settlement have been carried out.

CDSV-11/2010
RCTG-16/2010
MANUAL AND CHART OF ACCOUNTS FOR BROKERAGE HOUSES Approval: 16/06/2010 Validity: 01/10/2010 Alameda Juan Pablo II, between 15 and 17 Av. Norte, San Salvador, El Salvador. Tel. (503) 2281-8000 www.bcr.gob.sv With the value of the funds delivered in advance to foreign intermediary, once the securities acquired have been received. With the value of the funds received for the sales made to Foreign Intermediaries. ACCOUNT 813 SECURITIES TO BE RECEIVED DESCRIPTION Records the value of the titles to be received from the Securities Clearing House, from the investors, or from the issuers, or from foreign intermediary, whether by operations carried out, by maturities, with the object of controlling the securities pending to be received or to be applied by the securities clearing house, in the case that they have not been received from the stock exchange, the investor, another House, from the issuer, or from foreign intermediary. SUB-ACCOUNT 8130 CEDEVAL SUB-SUB-ACCOUNT 8130000 OPERATIONS CARRIED OUT SUB-SUB-ACCOUNT 8130010 OPERATIONS TO BE CARRIED OUT SUB-SUB-ACCOUNT 8130020 SECURITIES BACKING REPOS SUB-ACCOUNT 8131 INVESTORS SUB-SUB-ACCOUNT 8131000 OPERATIONS CARRIED OUT SUB-SUB-ACCOUNT 8131010 OPERATIONS TO BE CARRIED OUT SUB-SUB-ACCOUNT 8131020 SECURITIES BACKING REPOS

CDSV-11/2010
RCTG-16/2010
MANUAL AND CHART OF ACCOUNTS FOR BROKERAGE HOUSES Approval: 16/06/2010 Validity: 01/10/2010 Alameda Juan Pablo II, between 15 and 17 Av. Norte, San Salvador, El Salvador. Tel. (503) 2281-8000 www.bcr.gob.sv With the value of the titles that have been negotiated through the House, and that have not been received from the clients, against the Securities to be Delivered account, to the stock exchange, or to the Securities Clearing House, or to the investor in case of being over-the-counter. DEBITS With the value of the titles that have been negotiated and have not been received from the Stock Exchange, in the securities clearing house, or from the issuer (in case of over-the-counter primary market) against the Securities to be Delivered account

Investors.
When making sale repos, with the value to be paid for the maturities of repos.

CREDITS With the value of the titles that have been negotiated through the House, and that have not been received from the clients, against the Securities to be Delivered account, to the stock exchange, or to the Securities Clearing House, or to the investor in case of being over-the-counter. With the value of the titles that have been negotiated and have not been received from the Stock Exchange, in the securities clearing house, or from the issuer (in case of over-the-counter primary market) against the Securities to be Delivered account

Investors.

SUB-ACCOUNT 8132 FOREIGN INTERMEDIARIES
SUB-SUB-ACCOUNT 8132000 OPERATIONS CARRIED OUT SUB-SUB-ACCOUNT 8132010 OPERATIONS TO BE CARRIED OUT

CDSV-11/2010
RCTG-16/2010
MANUAL AND CHART OF ACCOUNTS FOR BROKERAGE HOUSES Approval: 16/06/2010 Validity: 01/10/2010 Alameda Juan Pablo II, between 15 and 17 Av. Norte, San Salvador, El Salvador. Tel. (503) 2281-8000 www.bcr.gob.sv DEBITS With the value of the titles that have been negotiated through the House, and that have not been received from the clients, against the securities to be delivered account, to the Stock Exchange, to the Securities Clearing House, or to the investor in case of being over-the-counter. With the value of the titles that have been negotiated and have not been received from the Stock Exchange, in the Securities Clearing House, from the issuer (in case of over-the-counter primary market) or from the foreign intermediary, against the Securities to be Delivered account - Investors. When making sale repos, with the value to be paid for the maturities of repos.

CREDITS With the value of the titles that have been negotiated through the House, and that have been received from the clients, against the Securities Received account, to deliver to the Stock Exchange, or to the investor in case of being over-the-counter. With the value of the titles that have been negotiated and have been received from the Stock Exchange, in the Securities Clearing House, from the issuer (in case of over-the-counter primary market) or from the foreign intermediary against the securities received account. ACCOUNT 814 SECURITIES RECEIVED DESCRIPTION Records the securities received for different concepts, to be negotiated, delivered by since the negotiation has already been completed, it should be understood by securities, not necessarily the physical receipt of the title, but rather the control that the Securities Clearing

CDSV-11/2010
RCTG-16/2010
MANUAL AND CHART OF ACCOUNTS FOR BROKERAGE HOUSES Approval: 16/06/2010 Validity: 01/10/2010 Alameda Juan Pablo II, between 15 and 17 Av. Norte, San Salvador, El Salvador. Tel. (503) 2281-8000 www.bcr.gob.sv House keeps, which will notify the House. Represents the securities delivered and that have not yet been negotiated. Generally the balance must be zero, because settlement must be carried out on the same day. SUB-ACCOUNT 8140 CEDEVAL SUB-SUB-ACCOUNT 8140000 OPERATIONS CARRIED OUT SUB-SUB-ACCOUNT 8140010 OPERATIONS TO BE CARRIED OUT SUB-SUB-ACCOUNT 8140020 SECURITIES BACKING REPOS SUB-ACCOUNT 8141 INVESTORS SUB-SUB-ACCOUNT 8141000 OPERATIONS CARRIED OUT SUB-SUB-ACCOUNT 8141010 OPERATIONS TO BE CARRIED OUT SUB-SUB-ACCOUNT 8141020 SECURITIES BACKING REPOS SUB-ACCOUNT 8142 ISSUERS SUB-SUB-ACCOUNT 8142000 OPERATIONS CARRIED OUT SUB-SUB-ACCOUNT 8142010 OPERATIONS TO BE CARRIED OUT

DEBITS With the values received to be negotiated.
With the values negotiated that were pending to be received.

CREDITS With the Values delivered to the Stock Exchange, or to the Securities Clearing House for verification prior to negotiation. Against the securities delivered account pending negotiation With the values delivered to the investors.

SUB-ACCOUNT 8143 FOREIGN INTERMEDIARIES
SUB-SUB-ACCOUNT 8143000 OPERATIONS CARRIED OUT SUB-SUB-ACCOUNT 8143010 OPERATIONS TO BE CARRIED OUT

DEBITS With the values received to be negotiated.
With the values negotiated locally or abroad, that were pending to be received. CREDITS With the values delivered to the Stock Exchange, or to the Securities Clearing House for verification prior to negotiation. Against the securities delivered account pending negotiation. With the values delivered to the investors.

ACCOUNT 815 SECURITIES DELIVERED PENDING NEGOTIATION DESCRIPTION Records the value of the titles of clients delivered to the stock exchange or to the securities clearing house, for their verification prior to negotiation. SUB-ACCOUNT 8150 INVESTORS SUB-SUB-ACCOUNT 8150000 THIRD-PARTY CLIENTS SUB-SUB-ACCOUNT 8150010 PORTFOLIO MANAGEMENT SUB-SUB-ACCOUNT 8150020 BANKS SUB-SUB-ACCOUNT 8150030 OWN OF THE HOUSE SUB-SUB-ACCOUNT 8150040 INDIVIDUAL PORTFOLIO MANAGEMENT (1) SUB-SUB-ACCOUNT 8150050 INVESTMENT FUNDS (4) SUB-ACCOUNT 8151 ISSUERS SUB-SUB-ACCOUNT 8151000 BANKS AND FINANCIAL INSTITUTIONS

CDSV-11/2010
RCTG-16/2010
MANUAL AND CHART OF ACCOUNTS FOR BROKERAGE HOUSES Approval: 16/06/2010 Validity: 01/10/2010 Alameda Juan Pablo II, between 15 and 17 Av. Norte, San Salvador, El Salvador. Tel. (503) 2281-8000 www.bcr.gob.sv SUB-SUB-ACCOUNT 8151010 INSURANCE COMPANIES SUB-SUB-ACCOUNT 8151020 COMMERCIAL COMPANIES SUB-SUB-ACCOUNT 8151030 INDUSTRIAL COMPANIES SUB-SUB-ACCOUNT 8151040 SERVICE COMPANIES SUB-SUB-ACCOUNT 8151050 OTHER COMPANIES DEBITS With the value of the titles delivered to the Stock Exchange or the Securities Clearing House for their verification. CREDITS When the titles delivered to the Stock Exchange have been negotiated, or when they are returned for not having finalized the negotiation.

ACCOUNT 816 SECURITIES AND OTHER DOCUMENTS RECEIVED FOR CUSTODY AND COLLECTION DESCRIPTION Records the value of securities received to be transferred to custody at one of the authorized institutions, in order to maintain control over the securities held in custody on behalf of clients. Additionally, those securities that have been received to guarantee securities issuances will be recorded.

SUB-ACCOUNT 816 FIXED INCOME SECURITIES
SUB-SUBACCOUNT 8160000 INDIVIDUAL CLIENTS SUB-SUBACCOUNT 8160010 PORTFOLIO MANAGEMENT SUB-SUBACCOUNT 8160020 BANKS SUB-SUBACCOUNT 8160030 INDIVIDUAL PORTFOLIO MANAGEMENT (1) SUB-SUBACCOUNT 8160040 INVESTMENT FUNDS (4)

SUB-ACCOUNT 8161 VARIABLE INCOME SECURITIES SUB-SUBACCOUNT 8161000 INDIVIDUAL CLIENTS

SUB-SUBACCOUNT 8161010 PORTFOLIO MANAGEMENT SUB-SUBACCOUNT 8161020 BANKS SUB-SUBACCOUNT 8161030 INDIVIDUAL PORTFOLIO MANAGEMENT (1) SUB-SUBACCOUNT 8161040 INVESTMENT FUNDS (4)

SUB-ACCOUNT 8162 COUPONS
SUB-SUBACCOUNT 8162000 INDIVIDUAL CLIENTS SUB-SUBACCOUNT 8162010 PORTFOLIO MANAGEMENT SUB-SUBACCOUNT 8162020 BANKS SUB-SUBACCOUNT 8162030 INDIVIDUAL PORTFOLIO MANAGEMENT (1) SUB-SUBACCOUNT 8162040 INVESTMENT FUNDS (4)

SUB-ACCOUNT 8163 ISSUERS
SUB-SUBACCOUNT 8163000 FIXED INCOME SECURITIES SUB-SUBACCOUNT 8163010 VARIABLE INCOME SECURITIES

SUB-ACCOUNT 8164 SECURITIES RECEIVED FROM CLIENTS AS COLLATERAL DESCRIPTION Records the value of securities received from clients and held in custody at CEDEVAL, to guarantee issuances, loans and/or pledge liens, which are in "Restricted" status in the securities account. SUB-SUBACCOUNT 8164000 FOR GUARANTEE OF ISSUANCES SUB-SUBACCOUNT 8164010 FOR GUARANTEE OF LOANS SUB-SUBACCOUNT 8164020 FOR OTHER GUARANTEES

SUB-ACCOUNT 8165 DOCUMENTS RECEIVED FROM CLIENTS AS GUARANTEE FOR ISSUANCES DESCRIPTION Records the value of documents in the securities account of brokerage house clients held in custody at Cedeval, to guarantee securities issuances. SUB-SUBACCOUNT 8165000 SURETIES SUB-SUBACCOUNT 8165010 LETTERS OF CREDIT

SUB-SUBACCOUNT 8165020 OTHER DOCUMENTS

DEBITS With the values received on behalf of clients to be custodied, against the Obligations for Control of Securities Custody account.

CREDITS With the delivery of titles to clients, against the account referred to in the previous concept, it must be segregated according to the sub-accounts, and reconciled with the auxiliary reports kept by the House.

ACCOUNT 817 DEBT OPERATIONS WITH BANKS
DESCRIPTION This account records operations carried out with banks, solely for financial reporting purposes since these are settled through their reserve account at the Central Reserve Bank. SUB-ACCOUNT 8170 STOCK EXCHANGE SUB-SUBACCOUNT 8170000 PRIMARY MARKET SUB-SUBACCOUNT 8170010 SECONDARY MARKET SUB-SUBACCOUNT 8170020 REPURCHASE AGREEMENTS SUB-ACCOUNT 8171 BANKS SUB-SUBACCOUNT 8171000 PRIMARY MARKET SUB-SUBACCOUNT 8171010 SECONDARY MARKET SUB-SUBACCOUNT 8171020 REPURCHASE AGREEMENTS

DEBITS For the amount to be paid in primary market purchases and repurchase agreements, for the maturity of sales operations and primary market operations.

CREDITS For the payment made in your reserve account at the Central Reserve Bank, when purchases or the cancellation of maturities of sales operations are made, and for the funds received when maturities are in your favor.

ITEM 82 DEBT ACCOUNTS FOR PORTFOLIO ADMINISTRATION SERVICES DESCRIPTION Represents the set of rights and assets acquired on behalf of third parties in the portfolio administration service.

ACCOUNT 820 CASH
DESCRIPTION Records the value of funds received via check or cash received to be placed in Portfolio Administration, the balance of this is generally zero, funds must be remitted on the same day. A control account must be opened for each investment portfolio, in order to segregate the respective cash. Coding the portfolios analogously to the catalog, For example:
The number of main sub-accounts to be opened will depend on the investment portfolios approved by the Superintendence of the Financial System (1). SUB-ACCOUNT 8200 PORTFOLIO X

SUB-SUBACCOUNT 8200000 BILLS AND COINS IN LOCAL CURRENCY SUB-SUBACCOUNT 8200010 BILLS AND COINS IN FOREIGN CURRENCY

DEBITS With the value of funds received from clients pending transfer or investment. CREDITS With the value remitted to the portfolio administration current account, or to savings accounts or its direct allocation in other investments.

ACCOUNT 821 BANK ACCOUNTS PORTFOLIO ADMINISTRATION DESCRIPTION Records the remittances, deposits and transfers to the portfolio administration current accounts, if the credits are to savings accounts, they must be recorded in the Investment Portfolio account. Generally its balance is zero, except when deposits made and not yet placed remain in the account(s), or when commissions have not been transferred to the administrative accounts. Bank accounts will be controlled by assigning an account for each investment portfolio. As shown below:
Such that for each portfolio, it is possible to identify the balances maintained on their behalf in the current accounts.

Bank reconciliations must be prepared at least monthly and archived by investment portfolio. SUB-ACCOUNT 8210 PORTFOLIO X DESCRIPTION Represents the balances of the current bank accounts corresponding to this portfolio. SUB-SUBACCOUNT 8210000 CURRENT ACCOUNT SUB-SUBACCOUNT 821000001 BANK X, CURRENT ACCT. 00000100 SUB-SUBACCOUNT 821000002 BANK Y, CURRENT ACCT. 00000200 SUB-ACCOUNT 8211 PORTFOLIO Y SUB-SUBACCOUNT 8211000 CURRENT ACCOUNT SUB-SUBACCOUNT 821100001 BANK X, CURRENT ACCT. 00000100 SUB-SUBACCOUNT 821100002 BANK Y, CURRENT ACCT. 00000200

ACCOUNT 822 INVESTMENT PORTFOLIO
DESCRIPTION Records investments made with client funds, such as savings accounts, time deposits, purchase of securities in the primary, secondary market or repurchase agreements, against the Obligations for Portfolio Administration account. The balance of this account must be backed up in addition to the investment documentation, by investment reports for each managed portfolio. SUB-ACCOUNT 8220 PORTFOLIO X SUB-SUBACCOUNT 8220000 FIXED INCOME SECURITIES SUB-SUBACCOUNT 822000010 INVESTMENT CERTIFICATES

SUB-SUBACCOUNT 822000020 NATIONAL BONDS
SUB-SUBACCOUNT 822000030 FOREIGN BONDS
SUB-SUBACCOUNT 822000040 COMMERCIAL PAPER SUB-SUBACCOUNT 822000050 INVESTMENTS IN SECURITIZATION FUNDS SUB-SUBACCOUNT 822000060 OTHER FIXED INCOME SECURITIES SUB-SUBACCOUNT 8220010 VARIABLE INCOME SECURITIES SUB-SUBACCOUNT 822001000 SHARES SUB-SUBACCOUNT 822001010 PARTICIPATIONS IN INVESTMENT FUNDS SUB-SUBACCOUNT 822001020 HEDGING AND DERIVATIVE INSTRUMENTS SUB-SUBACCOUNT 8220020 DEPOSITS IN BANKS SUB-SUBACCOUNT 822002000 SAVINGS ACCOUNT SUB-SUBACCOUNT 822002010 TIME DEPOSITS SUB-SUBACCOUNT 8220030 REPURCHASE AGREEMENTS SUB-SUBACCOUNT 822003000 PURCHASES SUB-SUBACCOUNT 822003010 SALES SUB-SUBACCOUNT 8220040 ESTIMATE FOR VALUATION OF THE INVESTMENT PORTFOLIO SUB-SUBACCOUNT 822004000 FIXED INCOME SECURITIES SUB-SUBACCOUNT 822004010 VARIABLE INCOME SECURITIES

DEBITS With the investments made at transaction value in bank deposits or securities and repurchase operations, for the maturity of sales repurchase operations made in the name of the portfolio.

CREDITS With the sale of securities, whether a definitive sale or through a repurchase operation. At the maturity of the titles with the value of their cancellation. For sales repurchase operations, carried out with the portfolio values. At the maturity of purchase repurchase operations. With the settlement of time deposits and with the withdrawal of funds from bank accounts For downward fluctuations in fair value with respect to cost, debiting the income account and/or Net Equity.

ACCOUNT 823 YIELDS RECEIVABLE
DESCRIPTION Records daily accrued and uncollected yields, due to the payment term of interest, this account must be backed up by the daily yield calculation report. It must also be identified in the case of bank deposits the yields corresponding to them. Yields, like investments, must be segregated by Portfolio, opening the corresponding accounts, as for example:
Clearly identifying the portfolio to which the pending collection yield belongs. SUB-ACCOUNT 8230 PORTFOLIO X SUB-SUBACCOUNT 8230000 YIELD OF FIXED INCOME SECURITIES

SUB-SUBACCOUNT 8230010 YIELD OF VARIABLE INCOME SECURITIES SUB-SUBACCOUNT 8230020 YIELD FROM PURCHASE REPURCHASES SUB-SUBACCOUNT 8230030 YIELD FROM BANK DEPOSITS SUB-SUBACCOUNT 8230040 YIELD FROM RESTRICTED INVESTMENT PORTFOLIO

DEBITS With the calculated value of earned and uncollected yields corresponding to portfolio administration investments. For accumulated interest paid at the time of acquisition of securities. With balances in favor of the client, for the difference between estimated yields and yields collected each day. For upward fluctuations in fair value with respect to cost, crediting the income account and/or Net Equity. CREDITS With the collection of interest. With the applied excess balances to clients, for differences determined between what was estimated and what was collected.

ACCOUNT 824 EXPENSES CHARGED TO CLIENTS
DESCRIPTION Records the value of expenses incurred by the House on behalf of clients. They must be segregated by portfolio and recorded at the time they are incurred. The creation of sub-accounts by portfolio must adhere to the respective nomenclature, for example:

Segregating in an evident manner the costs incurred for each portfolio. SUB-ACCOUNT 8240 PORTFOLIO X ELEMENT 8240000 CURRENT MONTH EXPENSES CHARGED TO CLIENTS SUB-SUBACCOUNT 824000000 COMMISSIONS FOR PORTFOLIO ADMINISTRATION SUB-SUBACCOUNT 824000010 COMMISSIONS FOR WITHDRAWALS MADE BY CLIENTS SUB-SUBACCOUNT 824000020 COMMISSIONS CHARGED BY THE STOCK EXCHANGE SUB-SUBACCOUNT 824000030 COMMISSIONS CHARGED BY THE BROKERAGE HOUSE SUB-SUBACCOUNT 824000040 COMMISSIONS CHARGED FOR DEPOSIT AND CUSTODY OF SECURITIES SUB-SUBACCOUNT 824000050 COST OF REPURCHASES SUB-SUBACCOUNT 824000060 OTHER EXPENSES ELEMENT 8240010 EXPENSES FROM PREVIOUS MONTHS CHARGED TO CLIENTS SUB-SUBACCOUNT 824001000 COMMISSIONS FOR PORTFOLIO ADMINISTRATION SUB-SUBACCOUNT 824001010 COMMISSIONS FOR WITHDRAWALS MADE BY CLIENTS SUB-SUBACCOUNT 824001020 COMMISSIONS CHARGED BY THE STOCK EXCHANGE SUB-SUBACCOUNT 824001030 COMMISSIONS CHARGED BY THE BROKERAGE HOUSE SUB-SUBACCOUNT 824001040 COMMISSIONS CHARGED FOR DEPOSIT AND CUSTODY OF SECURITIES SUB-SUBACCOUNT 824001050 COST OF REPURCHASES SUB-SUBACCOUNT 824001060 OTHER EXPENSES

DEBITS With the expenditures made on behalf of portfolio administration clients.

CREDITS By the application of expenses as a decrease in yields payable.

ACCOUNT 825 TAXES CHARGED TO CLIENTS
DESCRIPTION Records the value of taxes incurred by the House on behalf of clients, for the tax withheld from clients which the House must deliver to the Treasury. They must be segregated by investment portfolio, as in previous cases and as exemplified below. The recognition of movements must be recognized in the period in which they occur. SUB-ACCOUNT 8250 PORTFOLIO X ELEMENT 8250000 CURRENT MONTH TAXES CHARGED TO CLIENTS SUB-SUBACCOUNT 825000000 WITHHELD INCOME TAX SUB-SUBACCOUNT 825000010 VAT GENERATED BY COMMISSIONS SUB-SUBACCOUNT 825000020 OTHER TAXES ELEMENT 8250010 TAXES FROM PREVIOUS MONTHS CHARGED TO CLIENTS SUB-SUBACCOUNT 825001000 WITHHELD INCOME TAX SUB-SUBACCOUNT 825001010 VAT GENERATED BY COMMISSIONS SUB-SUBACCOUNT 825001020 OTHER TAXES

DEBITS For the withholdings made and VAT generated by commissions. CREDITS By the application of withholdings and VAT to the yield payable.

ITEM 83 DEBT CONTROL ACCOUNTS FOR PORTFOLIO ADMINISTRATION

DESCRIPTION Through these accounts, the money to be received from purchase repurchases carried out by the house will be controlled for each portfolio, as well as the right to repurchase securities from sales repurchases.

ACCOUNT 830 RIGHTS TO RECEIVE IN CASH FROM PURCHASE REPURCHASES PORTFOLIO ADMINISTRATION DESCRIPTION Records the right to collect from Purchase operations in repurchases, against the Obligation to resell Securities for purchase operations, which occur at the maturity of the repurchase. They must be segregated by investment portfolio, as shown in the preceding accounts. SUB-ACCOUNT 8300 PORTFOLIO X SUB-SUBACCOUNT 8300000 FIXED INCOME SECURITIES SUB-SUBACCOUNT 8300010 VARIABLE INCOME SECURITIES

ACCOUNT 831 REPURCHASE RIGHTS FROM SALES REPURCHASES DESCRIPTION Records the right to repurchase on the securities, which generate sales repurchases, at the agreed term, representing the amount for the repurchases. It must be segregated by investment portfolio as with the preceding accounts. SUB-ACCOUNT 8310 PORTFOLIO X DESCRIPTION An auxiliary control must be kept for each title. SUB-SUBACCOUNT 8310000 FIXED INCOME SECURITIES SUB-SUBACCOUNT 8310010 VARIABLE INCOME SECURITIES

DEBITS For the right created by making a purchase repurchase, on behalf of the portfolio, at the price of the repurchase operation. CREDITS At the maturity of purchase repurchases, upon receiving the funds, and delivering the securities.

ITEM 84 DEBT ACCOUNTS FOR INDIVIDUAL PORTFOLIO ADMINISTRATION SERVICES (1) DESCRIPTION Represents the set of rights and assets acquired on behalf of third parties in the individual portfolio administration service. (1)

ACCOUNT 840 CASH (1)
DESCRIPTION
Records the value of funds received via check or cash received to be managed in relation to individual portfolio administration, the balance of this is generally zero, funds must be remitted on the same day. (1) This account will be consolidated from the individual amounts of the managed portfolios. (1) An auxiliary control must be prepared for each managed portfolio, in order to segregate the respective cash. (1) SUB-ACCOUNT 8400 CASH (1) SUB-SUBACCOUNT 8400000 BILLS AND COINS IN LOCAL CURRENCY (1) SUB-SUBACCOUNT 8400010 BILLS AND COINS IN FOREIGN CURRENCY (1)

DEBITS With the value of funds received from clients pending transfer or investment. (1)

CREDITS With the value remitted to the individual portfolio administration current account, or to savings accounts or its direct allocation in other investments. (1)

ACCOUNT 841 BANK ACCOUNTS INDIVIDUAL PORTFOLIO ADMINISTRATION (1) DESCRIPTION Records the remittances, deposits and transfers to the individual portfolio administration current accounts, if the credits are to savings accounts, they must be recorded in the Investment Portfolio account. (1) Generally its balance is zero, except when deposits made and not yet placed remain in the account(s), or when commissions have not been transferred to the individual administrative accounts. (1) An auxiliary register must be prepared in order to control the bank accounts related to individual portfolio administration. Such that for each managed portfolio, it is possible to identify the balances maintained on their behalf in the current accounts. (1) Bank reconciliations must be prepared at least monthly and archived by managed individual portfolio. (1)

SUB-ACCOUNT 8410 BANKS (1)

DESCRIPTION Represents the total balances of the individual balances of bank accounts in administration by the house, corresponding to the individual portfolio administration service. (1) An auxiliary register must be prepared in order to control bank accounts in favor of third parties to whom the House provides the individual portfolio administration service. These balances must coincide with the off-balance sheet account and the respective auxiliary register. (1) SUB-SUBACCOUNT 8410000 CURRENT ACCOUNT (1)

ACCOUNT 842 INVESTMENT PORTFOLIO (1)
DESCRIPTION Records investments made with client funds, such as savings accounts, time deposits, purchase of securities in the primary, secondary market or repurchase agreements, against the Obligations for Individual Portfolio Administration account. The balance must be expressed in consolidated amounts of the individual amounts of the managed portfolios. This account must be backed up by the investment documentation, by investment reports for each managed portfolio. (1) An auxiliary register must be prepared detailing the investments made by each managed portfolio. (1) SUB-ACCOUNT 8420 INVESTMENTS (1)

SUB-SUBACCOUNT 8420000 FIXED INCOME SECURITIES (1) SUB-SUBACCOUNT 842000010 INVESTMENT CERTIFICATES (1) SUB-SUBACCOUNT 842000020 NATIONAL BONDS (1) SUB-SUBACCOUNT 842000030 FOREIGN BONDS (1) SUB-SUBACCOUNT 842000040 COMMERCIAL PAPER (1) SUB-SUBACCOUNT 842000050 INVESTMENTS IN SECURITIZATION FUNDS (1) SUB-SUBACCOUNT 842000060 OTHER FIXED INCOME SECURITIES (1) SUB-SUBACCOUNT 8420010 VARIABLE INCOME SECURITIES (1) SUB-SUBACCOUNT 842001000 SHARES (1) SUB-SUBACCOUNT 842001010 PARTICIPATIONS IN INVESTMENT FUNDS (1) SUB-SUBACCOUNT 842001020 HEDGING AND DERIVATIVE INSTRUMENTS (1) SUB-SUBACCOUNT 8420020 DEPOSITS IN BANKS (1) SUB-SUBACCOUNT 842002000 SAVINGS ACCOUNT (1) SUB-SUBACCOUNT 842002010 TIME DEPOSITS (1) SUB-SUBACCOUNT 8420030 REPURCHASE AGREEMENTS (1) SUB-SUBACCOUNT 842003000 PURCHASES (1) SUB-SUBACCOUNT 842003010 SALES (1) SUB-SUBACCOUNT 8420040 ESTIMATE FOR VALUATION OF THE INVESTMENT PORTFOLIO (1) SUB-SUBACCOUNT 842004000 FIXED INCOME SECURITIES (1) SUB-SUBACCOUNT 842004010 VARIABLE INCOME SECURITIES (1)

DEBITS With investments made at traded value in bank deposits or securities and repo operations, for the maturity of sale repo operations made on behalf of managed portfolios. (1)

CREDITS With the sale of securities, whether a definitive sale or through a repo operation. (1) At the maturity of the titles with the value of their cancellation. (1) For sale repo operations carried out with the values of the managed portfolios. (1) At the maturity of purchase repo operations. (1) With the settlement of time deposits and with withdrawals of funds from bank accounts. (1) For downward fluctuations in fair value with respect to cost, debiting the income statement and/or Net Equity account. (1)

ACCOUNT 843 EARNINGS RECEIVABLE (1)

DESCRIPTION Records daily the total earnings of managed portfolios accrued and not collected, based on the interest payment term. This account must be backed by the daily earnings calculation report. It must also identify in the case of bank deposits the earnings corresponding to them. (1) An auxiliary control must be prepared where earnings are segregated for each managed portfolio. Clearly identifying the portfolio to which the pending collection earning belongs. (1)

SUB-ACCOUNT 8430 EARNINGS RECEIVABLE (1) SUB-SUBACCOUNT 8430000 FIXED INCOME SECURITIES EARNINGS (1) SUB-SUBACCOUNT 8430010 VARIABLE INCOME SECURITIES EARNINGS (1) SUB-SUBACCOUNT 8430020 PURCHASE REPO EARNINGS (1) SUB-SUBACCOUNT 8430030 BANK DEPOSITS EARNINGS (1) SUB-SUBACCOUNT 8430040 RESTRICTED INVESTMENT PORTFOLIO EARNINGS (1)

DEBITS With the calculated value of earned and uncollected earnings corresponding to individual portfolio management investments. (1) For accumulated interest paid at the time of acquisition of securities. (1) With balances in favor of clients, for the difference between estimated earnings and collected earnings each day. (1) For upward fluctuations in fair value with respect to cost, crediting the income statement and/or Net Equity account. (1)

CREDITS With the collection of interest. (1) With applied excess balances to clients, due to differences determined between what was estimated and what was collected. (1)

ACCOUNT 844 EXPENSES CHARGED TO CLIENTS (1)

DESCRIPTION Records the value of expenses incurred by the House on behalf of clients. (1) An auxiliary control must be prepared where segregation is done by each managed portfolio and recorded at the moment of incurring them. Segregating in an evident manner the costs incurred for each managed portfolio. (1)

SUB-ACCOUNT 8440 EARNINGS RECEIVABLE (1) ELEMENT 8440000 CURRENT MONTH EXPENSES CHARGED TO CLIENTS (1) SUB-SUBACCOUNT 844000000 COMMISSIONS FOR INDIVIDUAL PORTFOLIO MANAGEMENT (1) SUB-SUBACCOUNT 844000010 COMMISSIONS FOR WITHDRAWALS EFFECTED BY CLIENTS (1) SUB-SUBACCOUNT 844000020 COMMISSIONS CHARGED BY THE STOCK EXCHANGE (1) SUB-SUBACCOUNT 844000030 COMMISSIONS CHARGED BY THE BROKERAGE HOUSE (1) SUB-SUBACCOUNT 844000040 COMMISSIONS CHARGED FOR DEPOSIT AND CUSTODY OF SECURITIES (1)

SUB-SUBACCOUNT 844000050 REPO COSTS (1)
SUB-SUBACCOUNT 844000060 OTHER EXPENSES (1) ELEMENT 8440010 PREVIOUS MONTHS' EXPENSES CHARGED TO CLIENTS (1) SUB-SUBACCOUNT 844001000 COMMISSIONS FOR INDIVIDUAL PORTFOLIO MANAGEMENT (1) SUB-SUBACCOUNT 844001010 COMMISSIONS FOR WITHDRAWALS EFFECTED BY CLIENTS (1) SUB-SUBACCOUNT 844001020 COMMISSIONS CHARGED BY THE STOCK EXCHANGE (1) SUB-SUBACCOUNT 844001030 COMMISSIONS CHARGED BY THE BROKERAGE HOUSE (1) SUB-SUBACCOUNT 844001040 COMMISSIONS CHARGED FOR DEPOSIT AND CUSTODY OF SECURITIES (1) SUB-SUBACCOUNT 844001050 REPO COSTS (1) SUB-SUBACCOUNT 844001060 OTHER EXPENSES (1)

DEBITS With disbursements made on behalf of individual portfolio management clients. (1)

CREDITS By applying expenses as a decrease in earnings payable. (1)

ACCOUNT 845 TAXES CHARGED TO CLIENTS (1)

DESCRIPTION
Records the value of taxes incurred by the House on behalf of clients, for the tax withheld from clients that the House must deliver to the Treasury. (1) An auxiliary control must be prepared where segregation is done by each managed portfolio of the value of taxes incurred by the House on behalf of the client. The recognition of movements must be recognized in the period in which they occur. (1)

SUB-ACCOUNT 8450 TAXES CHARGED TO CLIENTS (1) ELEMENT 8450000 CURRENT MONTH TAXES CHARGED TO CLIENTS (1) SUB-SUBACCOUNT 845000000 WITHHELD INCOME TAX (1) SUB-SUBACCOUNT 845000010 VAT GENERATED BY COMMISSIONS (1) SUB-SUBACCOUNT 845000020 OTHER TAXES (1) ELEMENT 8450010 PREVIOUS MONTHS' TAXES CHARGED TO CLIENTS (1) SUB-SUBACCOUNT 845001000 WITHHELD INCOME TAX (1) SUB-SUBACCOUNT 845001010 VAT GENERATED BY COMMISSIONS (1) SUB-SUBACCOUNT 845001020 OTHER TAXES (1)

DEBITS For withholdings performed and VAT generated by commissions (1) CREDITS By applying withholdings and VAT to earnings payable. (1)

ITEM 85 CONTROL ACCOUNTS FOR DEBTORS OF INDIVIDUAL PORTFOLIO MANAGEMENT (1)

DESCRIPTION Through these accounts, money to be received from purchase repos made by the house will be controlled for managed portfolios, as well as the right to repurchase securities for sale repos. (1)

ACCOUNT 850 RIGHTS TO RECEIVE MONEY FROM PURCHASE REPOS FOR INDIVIDUAL PORTFOLIO MANAGEMENT (1)

DESCRIPTION Records the right to collect from Purchase Repo operations, against the Account Resale Obligation for Securities for Purchase Operations, which are carried out at the maturity of the repo, expressed in total amounts. (1) An auxiliary control must be prepared for each managed portfolio. (1)

SUB-ACCOUNT 8500 RIGHTS TO RECEIVE MONEY FROM PURCHASE REPOS (1) SUB-SUBACCOUNT 8500000 FIXED INCOME SECURITIES (1) SUB-SUBACCOUNT 8500010 VARIABLE INCOME SECURITIES (1)

ACCOUNT 851 REPURCHASE RIGHTS FROM SALE REPOS (1)

DESCRIPTION Records the right to repurchase on securities, which generate sale repos, at the agreed term, representing the amount for the repos. (1)

SUB-ACCOUNT 8510 REPURCHASE RIGHTS FROM SALE REPOS (1)

DESCRIPTION An auxiliary control must be kept for each individually managed portfolio. (1)

SUB-SUBACCOUNT 8510000 FIXED INCOME SECURITIES (1) SUB-SUBACCOUNT 8510010 VARIABLE INCOME SECURITIES (1)

DEBITS For the right created when carrying out a purchase repo, on behalf of the portfolio, at the price of the repo operation. (1) CREDITS At the maturity of purchase repos, upon receiving funds and delivering securities. (1)

ELEMENT 9 OBLIGATIONS FOR SECURITIES OPERATIONS SERVICES, PORTFOLIO MANAGEMENT AND INDIVIDUAL PORTFOLIO MANAGEMENT (1) (5)

DESCRIPTION Comprises creditor accounts to register obligations in cash and securities, for portfolio management operations, as well as expenses and taxes applied on behalf of clients.

ITEM 91 OBLIGATIONS FOR FUNDS RECEIVED FROM CLIENTS FOR SECURITIES OPERATIONS

DESCRIPTION This item contains the accounts necessary for recording obligations on behalf of clients to whom the entity provides securities services.

ACCOUNT 910 OBLIGATIONS FOR FUNDS RECEIVED FROM CLIENTS

DESCRIPTION Records funds received from clients that have not been invested; generally all funds are invested, but in cases where funds are received at hours when investment can no longer be made, or also when funds are received before trading, they must be registered in this account.

SUB-ACCOUNT 910 NATURAL PERSONS
SUB-SUBACCOUNT 9100000 FOR LOCAL OPERATIONS SUB-SUBACCOUNT 9100010 FOR FOREIGN OPERATIONS SUB-ACCOUNT 9101 LEGAL ENTITIES SUB-SUBACCOUNT 9101000 FOR LOCAL OPERATIONS SUB-SUBACCOUNT 9101010 FOR FOREIGN OPERATIONS

DEBITS When making investments with client funds, against Payable Accounts (to the issuer or to the Exchange depending on the case), or against receivable accounts, when funds have been delivered firmly in advance to an external intermediary.

CREDITS With money received from clients before negotiation With funds received and belonging to clients

ACCOUNT 911 ACCOUNTS PAYABLE

DESCRIPTION Records the value of obligations payable to the Stock Exchange, to the Central de Valores, to investors or to issuers (4)

SUB-ACCOUNT 9110 STOCK EXCHANGE
SUB-SUBACCOUNT 9110000 AT TODAY
SUB-SUBACCOUNT 9110010 AT SPOT
SUB-SUBACCOUNT 9110020 AT TERM
SUB-SUBACCOUNT 9110030 OPTIONAL
SUB-SUBACCOUNT 9110040 MATURITY OF THIRD-PARTY REPOS SUB-SUBACCOUNT 9110050 MATURITY OF PORTFOLIO REPOS SUB-SUBACCOUNT 9110060 MATURITY OF BANK REPOS SUB-SUBACCOUNT 9110070 MATURITY OF BROKERAGE HOUSE REPOS SUB-SUBACCOUNT 9110080 MATURITY OF INDIVIDUAL PORTFOLIO REPOS (1) SUB-SUBACCOUNT 9110090 MATURITY OF INVESTMENT FUND REPOS (4) SUB-ACCOUNT 9111 INVESTORS SUB-SUBACCOUNT 9111000 SALES OPERATIONS SUB-SUBACCOUNT 9111010 EARNINGS PAYABLE SUB-SUBACCOUNT 9111020 SECURITIES DUE PAYABLE SUB-SUBACCOUNT 9111030 MATURITY OF THIRD-PARTY REPOS SUB-SUBACCOUNT 9111040 MATURITY OF PORTFOLIO REPOS SUB-SUBACCOUNT 9111050 MATURITY OF BANK REPOS SUB-SUBACCOUNT 9111060 MATURITY OF BROKERAGE HOUSE REPOS SUB-SUBACCOUNT 9111070 FOR FOREIGN OPERATIONS SUB-SUBACCOUNT 9111080 OTHER SECURITIES ACCOUNTS PAYABLE SUB-SUBACCOUNT 9111090 MATURITY OF INDIVIDUAL PORTFOLIO REPO (1)

SUB-SUBACCOUNT 9111100 MATURITY OF INVESTMENT FUND REPOS (4) SUB-ACCOUNT 9112 ISSUERS SUB-SUBACCOUNT 9112000 FOR ISSUER TRADING SUB-ACCOUNT 9113 EXTERNAL INTERMEDIARIES SUB-SUBACCOUNT 9113000 EXTERNAL INTERMEDIARIES SUB-ACCOUNT 9114 CENTRAL DE VALORES (4) SUB-SUBACCOUNT 9114000 CENTRAL DE VALORES (4) SUB-SUBACCOUNT 9114010 AT TODAY (4) SUB-SUBACCOUNT 9114020 AT SPOT (4) SUB-SUBACCOUNT 9114030 AT TERM (4) SUB-SUBACCOUNT 9114040 OPTIONAL (4) SUB-SUBACCOUNT 9114050 MATURITY OF THIRD-PARTY REPOS (4) SUB-SUBACCOUNT 9114060 MATURITY OF PORTFOLIO REPOS (4) SUB-SUBACCOUNT 9114070 MATURITY OF BANK REPOS (4) SUB-SUBACCOUNT 9114080 MATURITY OF BROKERAGE HOUSE REPOS (4) SUB-SUBACCOUNT 9114090 MATURITY OF INDIVIDUAL PORTFOLIO REPOS (4) SUB-SUBACCOUNT 9114100 MATURITY OF INVESTMENT FUND REPOS (4)

DEBITS With the value of purchases and maturities of sale repos, upon settlement with the Central de Valores. (4) With the value of operations performed in the trading systems at the Stock Exchange. (4) With the value paid to investors and issuers With the value of purchases and maturities of sale repos, upon settlement with the Stock Exchange.

With the value paid to investors, issuers or external intermediaries. CREDITS With the value payable to the Central de Valores for purchase operations and maturities of sale repos. (4) With the value payable to investors and issuers for investments or cancellations. With the value of purchase operations carried out at the Stock Exchange in the respective trading systems. (4) With the value payable to investors and issuers for investments or cancellations. With the value payable to external intermediaries for securities operations.

ACCOUNT 912 SECURITIES PENDING NEGOTIATION

DESCRIPTION Records securities received before negotiation, received as sales orders

SUB-ACCOUNT 9120 INVESTORS
SUB-SUBACCOUNT 9120000 FIXED INCOME SECURITIES SUB-SUBACCOUNT 9120010 VARIABLE INCOME SECURITIES SUB-SUBACCOUNT 9120020 REPOS SUB-ACCOUNT 9121 ISSUERS SUB-SUBACCOUNT 9121000 FIXED INCOME SECURITIES SUB-SUBACCOUNT 9121010 VARIABLE INCOME SECURITIES

DEBITS With securities received for negotiation, delivered to the Stock Exchange, to the Central de Valores or to the buyer. CREDITS With securities received for negotiation

ACCOUNT 913 SECURITIES TO DELIVER

DESCRIPTION Records the traded value of securities negotiated and which houses have not delivered to the Central de Valores, to clients or to external intermediaries.

SUB-ACCOUNT 9130 CEDEVAL
SUB-SUBACCOUNT 9130000 OPERATIONS
SUB-SUBACCOUNT 9130010 MATURITY OF THIRD-PARTY REPOS SUB-SUBACCOUNT 9130020 MATURITY OF PORTFOLIO REPOS SUB-SUBACCOUNT 9130030 MATURITY OF BANK REPOS SUB-SUBACCOUNT 9130040 MATURITY OF BROKERAGE HOUSE REPOS SUB-SUBACCOUNT 9130050 MATURITY OF INDIVIDUAL PORTFOLIO REPO (1) SUB-SUBACCOUNT 9130060 MATURITY OF INVESTMENT FUND REPOS (4) SUB-ACCOUNT 9131 INVESTORS SUB-SUBACCOUNT 9131000 OPERATIONS SUB-SUBACCOUNT 9131010 MATURITY OF THIRD-PARTY REPOS SUB-SUBACCOUNT 9131020 MATURITY OF PORTFOLIO REPOS SUB-SUBACCOUNT 9131030 MATURITY OF BANK REPOS SUB-SUBACCOUNT 9131040 MATURITY OF BROKERAGE HOUSE REPOS SUB-SUBACCOUNT 9131050 MATURITY OF INDIVIDUAL PORTFOLIO REPOS (1) SUB-SUBACCOUNT 9131060 MATURITY OF INVESTMENT FUND REPOS (4) SUB-ACCOUNT 9132 EXTERNAL INTERMEDIARIES SUB-SUBACCOUNT 9132000 EXTERNAL INTERMEDIARIES

DEBITS With the value of securities delivered CREDITS With the value of securities negotiated pending delivery.

When carrying out purchase repos, with the value to be collected for repo maturities With the value of securities returned to the client for not having been negotiated.

ACCOUNT 914 CONTROL OF SECURITIES RECEIVED FOR CUSTODY

DESCRIPTION Records obligations for securities of investor clients or issuers that are held in custody at an authorized institution.

SUB-ACCOUNT 9140 SECURITIES CUSTODIANS
SUB-SUBACCOUNT 9140000 CENTRAL DEPOSIT AND CUSTODY OF SECURITIES SUB-SUBACCOUNT 9140010 STOCK EXCHANGE SUB-SUBACCOUNT 9140020 CENTRAL RESERVE BANK SUB-SUBACCOUNT 9140030 AGRICULTURAL BANK SUB-SUBACCOUNT 9140040 HSBC SALVADORIAN BANK SUB-SUBACCOUNT 9140050 MORTGAGE BANK OF EL SALVADOR SUB-SUBACCOUNT 9140060 CITIBANK EL SALVADOR BANK SUB-SUBACCOUNT 9140070 CITIBANK, N.A. SUB. EL SALVADOR SUB-SUBACCOUNT 9140080 AGRICULTURAL DEVELOPMENT BANK SUB-SUBACCOUNT 9140090 G&T CONTINENTAL BANK EL SALVADOR SUB-SUBACCOUNT 9140100 PROMERICA BANK SUB-SUBACCOUNT 9140110 SCOTIABANK EL SALVADOR SUB-SUBACCOUNT 9140120 AMERICA CENTRAL BANK SUB-SUBACCOUNT 9140130 PROCREDIT BANK SUB-SUBACCOUNT 9140140 AZTECA BANK EL SALVADOR

DEBITS When delivering securities to clients and ending the obligation for custody control. CREDITS With the value of securities and coupons received from clients or issuers and delivered to custody at one of the authorized institutions.

ACCOUNT 915 CREDITOR OPERATIONS WITH BANKS

DESCRIPTION In this account, obligations for operations carried out with banks will be registered, only for financial reporting purposes since these are settled through their reserve account at the Central Bank.

SUB-ACCOUNT 9150 STOCK EXCHANGE
SUB-SUBACCOUNT 9150000 PRIMARY MARKET
SUB-SUBACCOUNT 9150010 SECONDARY MARKET
SUB-SUBACCOUNT 9150020 REPOS
SUB-ACCOUNT 9151 BANKS
SUB-SUBACCOUNT 9151000 PRIMARY MARKET
SUB-SUBACCOUNT 9151010 SECONDARY MARKET
SUB-SUBACCOUNT 9151020 REPOS

DEBITS For payment made or funds received, for their reserve account at the Central Bank CREDITS For the obligation in the amount to be paid for purchases made from the primary market, sale repos, maturities in favor of the primary market plus earnings.

ITEM 92 CREDITOR ACCOUNTS FOR OBLIGATIONS FOR SERVICES IN PORTFOLIO MANAGEMENT

DESCRIPTION Comprises creditor accounts for those operations whereby the entity receives cash or its equivalent, for the acquisition of securities, as well as third-party securities for their administration. Includes control creditor accounts to register investments to be made, obligations originating from portfolio management operations with clients and brokerage houses; as well, earnings in favor of clients and repos payable.

ACCOUNT 920 INVESTMENTS TO BE MADE FOR PORTFOLIO MANAGEMENT

DESCRIPTION Records the value of funds received from portfolio management clients that have not been invested. Accounts must be opened for the control of each of the portfolios, coding according to the chart of accounts manual, for example a Brokerage House that has two portfolios would have:

SUB-ACCOUNT 9200 PORTFOLIO X
SUB-ACCOUNT 9201 PORTFOLIO Y

DESCRIPTION Keeping control over the clients who made the contributions.

DEBITS When investing Client Funds.
CREDITS With the value of funds received, still not invested in Banks or in securities, against the Client Cash account.

ACCOUNT 921 OBLIGATIONS FOR PORTFOLIO MANAGEMENT

DESCRIPTION This account records the obligations that the House has with the portfolio administration clients of each of the plans or portfolios, coding as exemplified in analogous accounts.

SUB-ACCOUNT 9210 PORTFOLIO X
A respective sub-account must be maintained for each of the portfolios. For example:

DEBITS
With the settlement to clients for withdrawing funds.
With expenses charged to clients, reducing the obligation.

CREDITS
With the value of the obligations assumed by the House for client funds when performing the investment, whether as new capital contribution or reinvestment. With the yields applied to client balances.

ACCOUNT 922 OBLIGATIONS WITH THIRD PARTIES

DESCRIPTION Records the obligations that the house has on behalf of portfolio administration clients with third parties, including the Brokerage House. Segregating by sub-account in each portfolio, as has been done in analogous accounts.

SUB-ACCOUNT 9220 PORTFOLIO X

ELEMENT 9220000 OBLIGATIONS WITH THIRD PARTIES

ELEMENT 922000000 COMMISSIONS PAYABLE

DESCRIPTION Commissions payable must reflect the sum of the value charged for the service plus the respective value-added tax.

ELEMENT 922000010 INCOME TAX WITHHELD PAYABLE

ELEMENT 922000020 LOANS CHARGED TO CLIENTS PAYABLE

DESCRIPTION It must be disclosed in the corresponding note as to whom the loans are for, with all the characteristics of the credit.

ELEMENT 922000030 FOR PRESCRIBED CLIENT CHECKS

ELEMENT 922000040 OTHER ACCOUNTS PAYABLE

DEBITS
When canceling the obligation on behalf of clients.
CREDITS
For the obligation acquired on behalf of clients.

ACCOUNT 923 YIELD IN FAVOR OF CLIENTS

DESCRIPTION Records the obligation for yields payable to clients, segregating them by each investment portfolio.

SUB-ACCOUNT 9230 PORTFOLIO X

SUB-SUB-ACCOUNT 9230000 FOR PORTFOLIO ADMINISTRATION

DEBITS
With the payment, with the application of expenses charged to clients, and with the reinvestment of interest. With the payment of yields. CREDITS With the value of interest to be paid to portfolio investors. With the total value of yields from investments that have accrued but have not been capitalized, due to the capitalization periods of some Portfolios.

ACCOUNT 924 ACCOUNTS PAYABLE TO CLIENTS

DESCRIPTION This account will group the balances of client funds that have canceled their investment and have not collected them after one year from the issuance of their respective check. These withdrawn funds must be maintained in a bank account of the Portfolio Administration opened solely for this purpose, until clients present themselves to collect the payment. A detail must be kept by portfolio, and within the portfolio a detail of each client including their account number and pending investment to be collected, specifying the date and reason for account cancellation.

SUB-ACCOUNT 9240 PORTFOLIO X

DEBITS
With the collection of cash by clients, resulting from their cancellation of a portfolio administration account, after one year from the issuance of their check. CREDITS With the funds not collected by clients, after one year from the issuance of the respective checks.

ITEM 93 CONTROL CREDITOR ACCOUNTS FOR PORTFOLIO ADMINISTRATION

DESCRIPTION Records the obligations to be paid in cash for sell repos made in the name of the portfolio, as well as the obligation to resell securities for buy repos effected.

ACCOUNT 930 OBLIGATIONS FOR SELL REPO OF SECURITIES

DESCRIPTION Records the obligation assumed when effecting sell repos, for the value of the operation that will be paid at maturity. Sub-accounts must be identified for each investment portfolio. Its movement is against the account of Rights to repurchase for sell repos, in portfolio administration accounts.

SUB-ACCOUNT 9300 PORTFOLIO X

SUB-SUB-ACCOUNT 9300000 OBLIGATIONS FOR REPURCHASE OF SECURITIES

SUB-SUB-ACCOUNT 9300010 YIELDS PAYABLE FOR SELL REPO OF SECURITIES

DEBITS
With the payment of the obligation, at the maturity of the repo. CREDITS With the obligation acquired.

ACCOUNT 931 OBLIGATION TO RESALE SECURITIES, FOR BUY REPOS

DESCRIPTION Records the obligation to deliver the securities acquired temporarily in repo operations. The obligation must be segregated by each portfolio, as exemplified in analogous accounts. Its contra account is Rights to receive in cash, for buy repos of portfolio administration.

SUB-ACCOUNT 9310 PORTFOLIO X

SUB-SUB-ACCOUNT 9310000 FIXED INCOME SECURITIES

SUB-SUB-ACCOUNT 9310010 VARIABLE INCOME SECURITIES

DEBITS
When delivering the securities at the maturity of buy repos. CREDITS When effecting the buy repo, for the obligation to deliver the titles at maturity.

ITEM 94 CREDITOR ACCOUNTS FOR OBLIGATIONS FOR SERVICES IN INDIVIDUAL PORTFOLIO ADMINISTRATION (1)

DESCRIPTION Comprises the creditor accounts for those operations by which the entity receives cash or its equivalent, for the acquisition of securities, as well as third-party securities for their administration. It includes the control creditor accounts to record investments to be made, the obligations arising from individual portfolio administration operations with clients and brokerage houses; as well as, yields in favor of clients and repos payable. (1)

ACCOUNT 940 INVESTMENTS TO BE MADE FOR INDIVIDUAL PORTFOLIO ADMINISTRATION (1)

DESCRIPTION Records the value of funds received from individual portfolio administration clients that have not been invested. (1)

SUB-ACCOUNT 9400 INVESTMENTS TO BE MADE FOR INDIVIDUAL PORTFOLIO ADMINISTRATION (1)

DESCRIPTION Maintaining auxiliary control for the clients who made the funds received from the clients to whom the house provides the individual portfolio administration service. (1)

DEBITS
When investing Client Funds (1)
CREDITS
With the value of funds received, still not invested in Banks or in securities, against the Client Cash account. (1)

ACCOUNT 941 OBLIGATIONS FOR PORTFOLIO ADMINISTRATION (1)

DESCRIPTION This account records the obligations that the House has with portfolio administration clients. (1)

SUB-ACCOUNT 9410 OBLIGATIONS FOR PORTFOLIO ADMINISTRATION (1) An auxiliary control must be kept for each portfolio administered by the house. (1)

DEBITS
With the settlement to clients for withdrawing funds (1) With expenses charged to clients, reducing the obligation. (1) CREDITS With the value of the obligations assumed by the House for client funds when performing the investment, whether as new capital contribution or reinvestment. (1) With the yields applied to client balances. (1)

ACCOUNT 942 OBLIGATIONS WITH THIRD PARTIES (1)

DESCRIPTION Records the obligations that the house has on behalf of portfolio administration clients with third parties, including the Brokerage House, expressed in total amounts of the individual ones for the administered portfolios. An auxiliary control must be prepared for each administered portfolio. (1)

SUB-ACCOUNT 9420 OBLIGATIONS WITH THIRD PARTIES (1)

ELEMENT 9420000 OBLIGATIONS WITH THIRD PARTIES (1)

ELEMENT 942000000 COMMISSIONS PAYABLE (1)

DESCRIPTION Commissions payable must reflect the sum of the value charged for the service plus the respective value-added tax. (1)

ELEMENT 942000010 INCOME TAX WITHHELD PAYABLE (1)

ELEMENT 942000020 LOANS CHARGED TO CLIENTS PAYABLE (1)

DESCRIPTION It must be disclosed in the corresponding note as to whom the loans are for, with all the characteristics of the credit. (1)

ELEMENT 942000030 FOR PRESCRIBED CLIENT CHECKS (1)

ELEMENT 942000040 OTHER ACCOUNTS PAYABLE (1)

DEBITS
When canceling the obligation on behalf of clients (1) CREDITS For the obligation acquired on behalf of clients (1)

ACCOUNT 943 YIELD IN FAVOR OF CLIENTS (1)

DESCRIPTION Records the obligation for yields payable to clients. (1) An auxiliary control must be prepared where yields payable are segregated by each client. (1)

SUB-ACCOUNT 9430 YIELD IN FAVOR OF CLIENTS (1)

SUB-SUB-ACCOUNT 9430000 FOR PORTFOLIO ADMINISTRATION (1)

DEBITS
With the payment, with the application of expenses charged to clients, and with the reinvestment of interest. (1) With the payment of yields (1) CREDITS With the value of interest to be paid to investors of the administered portfolios. (1) With the total value of yields from investments that have accrued but have not been capitalized, due to the capitalization periods of the administered portfolios. (1)

ACCOUNT 944 ACCOUNTS PAYABLE TO CLIENTS (1)

DESCRIPTION This account groups the balances of client funds that have canceled their investment and that have been transferred to the bank account that the client has designated to credit balances (1) A detail must be kept by client, including the account number and amounts sent to the account for the credit of balances. (1)

SUB-ACCOUNT 9440 ACCOUNTS PAYABLE TO CLIENTS (1)

DEBITS
With the collection of cash by clients, resulting from the transfer to accounts for the credit of balances. (1)

ITEM 95 CONTROL CREDITOR ACCOUNTS FOR INDIVIDUAL PORTFOLIO ADMINISTRATION. (1)

DESCRIPTION Records the obligations to be paid in cash for sell repos made in the name of the portfolios, as well as the obligation to resell securities for buy repos effected. (1)

ACCOUNT 950 OBLIGATIONS FOR SELL REPO OF SECURITIES (1)

DESCRIPTION Records the obligation assumed when effecting sell repos, for the value of the operation that will be paid at maturity. Its movement is against the account of Rights to repurchase for sell repos, in individual portfolio administration accounts. (1) An auxiliary control must be prepared where the obligation assumed when effecting sell repos is identified by administered portfolio, for the value of the operation that will be paid at maturity. (1)

SUB-ACCOUNT 9500 OBLIGATIONS FOR SELL REPO OF SECURITIES (1)

SUB-SUB-ACCOUNT 9500000 OBLIGATIONS FOR REPURCHASE OF SECURITIES (1)

SUB-SUB-ACCOUNT 9500010 YIELDS PAYABLE FOR SELL REPO OF SECURITIES (1)

DEBITS
With the payment of the obligation, at the maturity of the repo. (1) CREDITS With the obligation acquired. (1)

ACCOUNT 951 OBLIGATION TO RESALE SECURITIES, FOR BUY REPOS (1)

DESCRIPTION Records the obligation to deliver the securities acquired temporarily in repo operations. Its contra account is Rights to receive in cash, for buy repos of individual portfolio administration. (1) An auxiliary record must be prepared where the obligation is segregated by each portfolio. (1)

SUB-ACCOUNT 9510 OBLIGATION TO RESALE SECURITIES, FOR BUY REPOS (1)

SUB-SUB-ACCOUNT 9510000 FIXED INCOME SECURITIES (1)

SUB-SUB-ACCOUNT 9510010 VARIABLE INCOME SECURITIES (1)

DEBITS
When delivering the securities at the maturity of buy repos. (1) CREDITS When effecting the buy repo, for the obligation to deliver the titles at maturity. (1)

CHAPTER V
OTHER PROVISIONS (5)

A. SANCTIONS (5)
Non-compliance with the provisions contained in this Manual and Chart of Accounts

of Accounts, will be sanctioned in accordance with what is established in the Law of Supervision and Regulation of the Financial System. (5)

B. UNFORESEEN ASPECTS (5)
Aspects not foreseen in regulatory matters in this Manual and Chart of Accounts, will be resolved by the Central Bank through its Standards Committee. (5)

MODIFICATIONS:
(1) Modifications approved by the Standards Committee of the Central Reserve Bank of El Salvador, in Session No. CN 03/2016 dated March 16, two thousand sixteen, with effect from April 11, two thousand sixteen. (2) Modification approved by the Standards Committee of the Central Reserve Bank of El Salvador, in Session No. CN-10/2016, dated October 12, two thousand sixteen, with effect from October 17, two thousand sixteen. (3) Modifications approved by the Standards Committee of the Central Reserve Bank of El Salvador, in Session No. CN-11/2016, dated October 26, two thousand sixteen, with effect from November 15, two thousand sixteen. (4) Modifications approved by the Central Reserve Bank of El Salvador, through its Standards Committee, in Session No. CN-09/2018, dated September 28, two thousand eighteen, with effect from October 8, two thousand eighteen. (5) Modifications to Chapter I literals B and C, Chapter II literals A, B, incorporating additionally literal D and incorporation of Chapter V approved by the Central Reserve Bank of El Salvador, through its Standards Committee, in Session No. CN-22/2020, dated December 16, two thousand twenty, with effect from January 4, two thousand twenty-one. (6) Modifications to Chapters III and IV, approved by the Central Reserve Bank of El Salvador, through its Standards Committee, in Session No. CN-10/2022, dated November 15, two thousand twenty-two, with effect from December 2, two thousand twenty-two.

Lineage: No known changes

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