Banco Macro S.A.

press release is investor relations macro macro dot slash relation inversory also will be in listen only mode during the company's remark session at this pardon me will be given should during this call to signal the it is now speakers joining us from Gustavo, my officer, and Mr. Nicholas Torres. I'll turn the conference over to you. Begin your conference.

Welcome to Banco Matos. forward-looking statement is our line, you know, 20F, which was tied to the site. So, what did we do? What did we do yesterday? Of here, we stated in terms of the reporting period. As of 2020, we are applying hyperinflation to IES 2020. have been restated at the inflation adjustment for 2023. For the quarter of 2023, Blanco Matos net income of $1,894, higher than in the first quarter of 2023, with an 89% of $498. was a year ago of 33.7% and shows the bank's earnings potential. In 2023, $7.7 billion, $332 billion. Total $600 billion and was $430 billion in 2022. Personal expenses. 1.3 trillion pesos. 78 billion pesos. Income before January. With 215 billion pesos. In fiscal year. Personal expenses total. higher than in fiscal year 2020. Quarter of 2020, $13.2 billion. $10.7 billion higher than in fiscal year 2020. Provision fund level of $10.3 billion. 2023, provision fund level of $9 billion higher than in fiscal year 2020. trading income after was one or six hundred and quarter of 2023 seven hundred and the fourth quarter of 2023 to demand personal expenses total two percent higher than it In the quarter, 83.79 billion pesos higher. And 29% or 7% in fiscal year 2023, billion pesos in year 2022. 28% increase 7%. In the first quarter, 573 billion pesos, 5 billion pesos in 2023, and 75.3 billion pesos in 2021. Income from interest on loans, 172 billion pesos, 8.5 billion pesos in 2021. falling private sector loan a basis point because when I once increased 73 percent in pesos income from interest on loans and other financing 43 percent higher in the fourth quarter of represented 64% of total income from government, 6%, 6%, or 209, due to the increase, 72% compared with the same period of last year. In 2023, income 1 trillion pesos, 4.2 billion pesos higher. 187% of... It's higher than... Both quarter of... Quarter of 23... 182... Or 109. 2.2. and 92% or 87.5 billion pesos. The FX income gain was due to the Argentine dollar position and dual bonds. The dollar position decreased water. Total pesos, pesos, 312%. In the fourth quarter of 2020, 389.5 billion pesos lower, and 9% or 31.4 billion pesos lower. by a 2,700 interest rate on deposit increase. The IC's interest on deposit increased 7%. The fourth quarter of 2020, 7% of the balance. The fourth quarter of 2020, including effects, than the 58.7% position. And at 32.3% in the quarter of 2022. That's the income total. And what's 5%? That's the same period of last year. Income total 2% higher than in the fiscal year. Of 2023, net income from financial 895.2 billion pesos. Here it is. Here it is. Mainly dual bonds, which represent 2 billion pesos. Net income from financial assets. In the quarter, 5.2 billion pesos increased compared to the third quarter. Early basis, early basis, other operating income increased 11% in 2022. Bank of Macros administered $115,000 2.5 billion. One billion pesos higher than the previous percent and higher than 80%. Administrative expenses plus employee benefits is 1.5 billion. 2023 administrative expenses plus compared to fiscal year. The fourth quarter of 18.6% in public. What of 2023? One year ago. Of 2023. Income. Total. Loss. than the loss posted in the third quarter of 2013, 348.4 billion. Higher inflation was observed in the third quarter of 2013, 53.3% compared to in the third quarter of 2023. a 1.3 trillion pesos loss, 80% in fiscal year 2003, which is 204.8%. Malcolm Hathaway's effective tax rate was 31%. The income tax rate was 32.3%. registered in fiscal year 2022. . Within commercial loans, overdraft . We have 30% in pesos increase. Decreased $28.4 billion in pesos, while creating $38.4 billion in pesos. We'll draft documents and 33% and 48% increase. On the funding side, $290.4 billion, 3% decrease, 16% of year-on-year. 13% of water, $1.3 billion. The increase in private sector which decreased 41% . Transactional account represented approximately Profits at 6.2%. Non-performing total financial ratio. The coverage ratio. Non-performing loans at 200.91%. Non-performing down to 1.33% in the previous quarter. While commercial portfolio numbers from 1.14%. In terms of capitalization, 75 trillion at tier one ratio of 32.2%. This excess capital. Appropriate liquid assets and 18%. Over time, we'll continue to show that the asset quality remains undervalued. We've been working to improve the asset quality. We've been working to improve the asset quality. We've been working to improve the asset quality. We've been working to improve the asset quality. We've been working to improve the asset quality. management and it was on November 3rd. An additional based on the Argentina and it was there to mine at a few days. So under and total 156 financial statements.

At this time... Thank you. We are going to open it up. Please press the touchtone phone. Again, it is star. When called, One moment for the first question. of America. Ernesto.