Acquisitions and Dispositions (Tables)

12 Months Ended

Dec. 31, 2017

In this way, the capital structure of YPF EE after the issuance of shares will be as follows:

Shareholder

Number of
Shares

Participation in
the capital stock

Kind of Share

YPF

2,723,826,879

72.69218

OPESSA

86,476,112

2.30783

Group

2,810,302,991

75.00001

936,767,364

24.99999

Total

3,747,070,355

100.00000

Summary of Assets and Liabilities Held for Disposal

The following table shows the main assets and liabilities held for disposal.

•

Group of assets held for disposal:


	December 31, 2017
Property, plant and equipment		4,982
Investments in associates and joint ventures		2,117
Inventories		1
Other receivables		914
Credits for sale		713
Investments in financial assets		78
Cash and cash equivalents		61

Subtotal		8,866

Deletions		(43	)

Total		8,823

•

Liabilities associated to the group of assets held for disposal:


	December 31, 2017
Provisions		96
Deferred tax liabilities		282
Remuneration and social security charges		47
Other liabilities		1
Loans		4,072
Accounts payable		938

Subtotal		5,436

Deletions		(1,243	)

Total		4,193

The following table shows the main results associated with the investment in YPF EE:


	December31, 2017
Income		1,908
Costs		(594	)
Gross income		1,314
Operating profit		1,122
Income from investments in companies		90
Net financial results		(76	)
Income Tax		(268	)

Net income without deletions		868

Deletions		241

Net income with deletions		1,109