Before profit appropriation

Notes

June 30, 2025

December 31, 2024

Assets

Cash balances with Banks

185,314

43,087

Current accounts with State funds and other programs

1,172

1,336

Short-term deposits

(4.2)

-of which: Amortized cost

1,614,521

1,111,886

-of which: Fair value through profit or loss

65,963

369,481

Other receivables

20,682

18,393

Interest-bearing securities

-of which: Amortized cost

427,676

481,798

-of which: Fair value through profit or loss

132,435

107,596

Derivative financial instruments

(4.3)

207,780

126,339

Loans to the private sector

-of which: Amortized cost

4,612,867

5,190,518

-of which: Fair value through profit or loss

641,478

652,061

Current tax receivables

(15)

17,377

13,297

Equity investments

(4.4)

-of which: Fair value through OCI

184,336

201,287

-of which: Fair value through profit or loss

2,056,198

2,355,626

Investments in associates and joint ventures

(4.5)

365,671

372,073

Property, plant and equipment

14,361

16,365

Intangible assets

34,316

26,445

Accrued assets

988

-

Deferred income tax assets

(15)

9,093

9,075

Total assets

10,592,228

11,096,663

Liabilities

Short-term credits

(5)

267,599

216,912

Current accounts with State funds and other programs

10,547

93

Derivative financial instruments

(4.3)

241,199

471,386

Other financial liabilities

(4.6)

-of which: fair value through profit or loss

100,457

121,715

Debentures and notes

(6)

6,135,703

6,335,981

Accrued liabilities

86,963

38,683

Other liabilities

23,948

18,923

Provisions

36,857

36,780

Deferred income tax liabilities

(15)

321

510

Total liabilities

6,903,594

7,240,983

Shareholders’ equity

Share capital

9,076

9,076

Share premium reserve

29,272

29,272

Contractual reserve

3,008,466

3,008,465

Development fund

657,981

657,981

Fair value reserve

69,877

86,758

Actuarial gains/losses on defined benefit plans

-5,913

-4,380

Translation reserve

-17,326

31,030

Other reserves

26,887

26,887

Undistributed result

-89,686

10,591

Shareholders’ equity (parent)

3,688,634

3,855,680

Non-controlling interests

-

-

Total shareholders’ equity

3,688,634

3,855,680

Total liabilities and shareholders’ equity

10,592,228

11,096,663