2022 Report and Financial Statements
2022 REPORT AND FINANCIAL STATEMENTS - BANCO REGIONAL
LETTER FROM THE PRESIDENT
ECONOMIC AND FINANCIAL PERFORMANCE
b.7 English translation of statutory financial statements
These financial statements have been translated into English for the convenience of English-speaking readers. The financial statements are the English translation of those originally prepared by the Entity in
Spanish, expressed in local currency (Guarani) and presented in accordance with accounting standards, regulations and instructions established by the Central Bank of Paraguay. The effects of the differences
between these standards and the accounting principles generally accepted in the countries in which the financial statements are to be used, have not been quantified. Accordingly, the accompanying financial
statements are not intended to present the financial position, results of operations, shareholders' equity or cash flows in accordance with accounting principles generally accepted in the countries of users of the
financial statements, other than Paraguay.
C. INFORMATION CONCERNING THE MAIN ASSETS AND LIABILITIES
c.1 Valuation of foreign currency
Assets and liabilities expressed in foreign currency are valued at the exchange rates in effect as of December 31, 2022, and 2021 respectively, provided by the exchange desk of the International Operations
Department of the Central Bank of Paraguay on those dates, and do not differ significantly from the exchange rates in effect on the free market:
US dollar
Euro
Yen
Real
Argentine Peso
Pound sterling
Swiss franc
Swedish Krona
Chinese Yuan
Australian dollar
Canadian dollar
Currency
December 31, 2022
December 31, 2021
(Guarani for each unit of foreign currency)
7.345,93
7.822,68
6.885,79
7.805,73
55,18
1.405,70
59,83
1.230,53
41,57
8.840,09
7.944,12
702,19
1.054,84
4.957,77
5.421,75
67,01
9.305,46
7.537,81
762,17
1.080,55
5.008,04
5.387,10
19
Exchange differences arising from fluctuations in exchange rates between the dates on which transactions are arranged and their settlement or valuation at the end of each financial year are recognized in profit or
loss for each year, except as indicated in note f.1.
c.2 Foreign currency position
The position of changes as of December 31, 2022 and 2021 respectively, is as follows:View entire presentation