2022 Report and Financial Statements
2022 REPORT AND FINANCIAL STATEMENTS - BANCO REGIONAL
LETTER FROM THE PRESIDENT
ECONOMIC AND FINANCIAL PERFORMANCE
c.6.4 Other receivables
Its composition as of December 31, 2022 and 2021 respectively, is as follows:
28
ITEM
Prepaid expenses
Charges for loans obtained abroad
Advance payment of income taxes (IRE) (*)
Advances for the purchase of goods and services
Legal expenses to be recovered
Tax credit certificates
Value Added Tax - Tax credit
Compensation for insurance claims
Accrued income not received
Advances to credit card processing companies
Others
Receivables from sale of goods in installments
Non-accrued earnings
Expenses to be recovered
(Suspended valuation gains)
Allowances (Note c.7)
Total
DECEMBER 31, 2022
Gs.
2.143.502.900
7.643.650.056
36.233.302.157
13.415.223.638
22.735.018.511
9.845.425.195
5.957.444.728
6.370.520.608
1.398.726.037
2.760.000.000
16.475.340.351
514.363.654.106
(34.394.506.700)
4.924.437.292
(26.292.046.294)
(34.288.757.838)
549.290.934.747
(*) Provision for income taxes included in Liabilities under "Accruals" as of December 31, 2022, and 2021, amount to Gs. 2.717.696.744 and Gs. 6.566.601.019, respectively.
c.7 Allowances for direct and contingent risks
DECEMBER 31, 2021
Gs.
2.024.243.571
10.161.848.256
8.334.720.327
12.822.802.188
18.209.441.297
186.020.321
4.764.304.548
3.904.614.517
3.010.000.000
17.406.114.107
399.845.735.390
(23.291.105.543)
3.290.934.146
(17.753.375.721)
(16.298.485.609)
426.617.811.795
The allowances for doubtful loans and other assets are determined at the end of each financial year based on the study of the portfolio carried out to determine the non-recoverable portion thereof and considering
the provisions for each type of credit risk in Central Bank of Paraguay Board Resolution No. 1, Minute No. 60 dated September 28, 2007, and its subsequent amendments and/or extensions.
Periodically, the institution's Board of Directors and management review and analyze the loan portfolio to adjust the allowances for doubtful accounts, in accordance with the loan valuation standards established
by the Superintendence of Banks of the Central Bank of Paraguay and with the Entity's own criteria and policies. Allowances have been made to sufficiently cover possible losses on direct and contingent risks, in
accordance with the Board of Directors' and Management's criteria and with the requirements of Resolution No. 1 of the Board of Directors of the Central Bank of Paraguay, Minute No. 60 dated September 28,
2007, and its subsequent amendments and applications.View entire presentation