XML 91 R57.htm IDEA: XBRL DOCUMENT
v3.8.0.1

Income Tax (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2017
Text block1 [abstract] |
Summary of Calculation of Income Tax Expense Accrued | The calculation of the income tax expense accrued for the years ended December 31, 2017, 2016 and 2015 is as follows:
|  | 2017 |  |  | 2016 |  |  | 2015 |
Current income tax |  |  | (605 | ) |  |  | (734 | ) |  |  | 517 |
Deferred income tax |  |  | 4,574 |  |  |  | 2,159 |  |  |  | (25,154 | )
|  |  | 3,969 |  |  |  | 1,425 |  |  |  | (24,637 | )
Summary of Reconciliation between the Charge to Income for Income Tax and the One that would Result from Applying the Prevailing Tax Rate on Net Income Before Income Tax Arising from the Consolidated Statements of Comprehensive Income | The reconciliation between the charge to income for income tax for the years ended December 31, 2017, 2016 and 2015 and the one that would result from applying the prevailing tax rate on net income before income tax arising from the consolidated statements of comprehensive income for each year is as follows:
|  | 2017 |  |  | 2016 |  |  | 2015 |
Net income before income tax |  |  | 8,703 |  |  |  | (29,804 | ) |  |  | 29,063 |
Statutory tax rate |  |  | 35 | % |  |  | 35 | % |  |  | 35 | %
Statutory tax rate applied to net income before income tax |  |  | (3,046 | ) |  |  | 10,431 |  |  |  | (10,172 | )
Effect of the valuation of property, plant and equipment and intangible assets measured in functional currency |  |  | (18,185 | ) |  |  | (19,543 | ) |  |  | (31,200 | )
Exchange differences |  |  | 12,318 |  |  |  | 12,237 |  |  |  | 19,164 |
Effect of the valuation of inventories |  |  | (1,558 | ) |  |  | (1,819 | ) |  |  | (2,412 | )
Income on investments in associates and joint ventures |  |  | 500 |  |  |  | 206 |  |  |  | 111 |
Effect by change of tax rate(1) |  |  | 13,892 |  |  |  | — |  |  |  | — |
Miscellaneous |  |  | 48 |  |  |  | (87 | ) |  |  | (128 | )(2)
Income tax expense |  |  | 3,969 |  |  |  | 1,425 |  |  |  | (24,637 | )
(1) | Contemplates the recovery of the deferred income tax decrease. See Notes 2.b.15 and 30.l.
(2) | Includes 301 of tax loss carryforwards originated during previous years
Summary of Breakdown of Deferred Tax | Breakdown of deferred tax as of December 31, 2017, 2016 and 2015 is as follows:
|  | 2017 |  |  | 2016 |  |  | 2015 |
Deferred tax assets |  |  |  |  |  |  |  |  |  |  |  |
Provisions and other non-deductible liabilities |  |  | 1,861 |  |  |  | 3,607 |  |  |  | 3,093 |
Tax losses carryforward and other tax credits |  |  | 6,484 |  |  |  | 3,837 |  |  |  | 3,236 |
Miscellaneous |  |  | 99 |  |  |  | 82 |  |  |  | 83 |
Total deferred tax assets |  |  | 8,444 |  |  |  | 7,526 |  |  |  | 6,412 |
Deferred tax liabilities |  |  |  |  |  |  |  |  |  |  |  |
Property, plant and equipment |  |  | (43,931 | ) |  |  | (45,579 | ) |  |  | (45,393 | )
Miscellaneous |  |  | (1,570 | ) |  |  | (3,848 | ) |  |  | (4,877 | )
Total deferred tax liabilities |  |  | (45,501 | ) |  |  | (49,427 | ) |  |  | (50,270 | )
Total Net deferred tax |  |  | (37,057 | ) |  |  | (41,901 | ) |  |  | (43,858 | )
Summary of Tax Loss Carryforwards at Statutory Tax Rate | As of December 31, 2017, Group’s tax loss carryforwards at the expected recovery rate were as follows:
Date of generation |  | Date of expiration |  |  | Jurisdiction |  |  | Amount |
2013 |  |  | 2018 |  |  |  | Argentina |  |  |  | 65 |
2014 |  |  | 2019 |  |  |  | Argentina |  |  |  | 306 |
2015 |  |  | 2020 |  |  |  | Argentina |  |  |  | 2,698 |
2016 |  |  | 2021 |  |  |  | Argentina |  |  |  | 782 |
2017 |  |  | 2022 |  |  |  | Argentina |  |  |  | 2,633 |
|  |  |  |  |  |  |  |  |  |  | 6,484 |

X
- Definition The disclosure of deferred taxes. [Refer: Deferred tax liabilities; Deferred tax assets] + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name IAS -Number 1 -IssueDate 2017-01-01 -Paragraph 10 -Subparagraph e -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&num=1&date=2017-03-01&anchor=para_10_e&doctype=Standard -URIDate 2017-03-09 + Details
Name: | ifrs-full_DisclosureOfDeferredTaxesExplanatory
Namespace Prefix: | ifrs-full_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition The disclosure of tax receivables and payables. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name IAS -Number 1 -IssueDate 2017-01-01 -Paragraph 10 -Subparagraph e -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&num=1&date=2017-03-01&anchor=para_10_e&doctype=Standard -URIDate 2017-03-09 + Details
Name: | ifrs-full_DisclosureOfTaxReceivablesAndPayablesExplanatory
Namespace Prefix: | ifrs-full_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition The disclosure of detailed information about income tax expense. + References No definition available. + Details
Name: | ypf_DisclosureOfDetailedInformationAboutIncomeTaxExpenseExplanatory
Namespace Prefix: | ypf_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Disclosure of reconciliation of tax expense. + References No definition available. + Details
Name: | ypf_DisclosureOfReconciliationOfTaxExpenseExplanatory
Namespace Prefix: | ypf_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Text block1 [abstract] + References No definition available. + Details
Name: | ypf_TextBlock1Abstract
Namespace Prefix: | ypf_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration