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Expenses by Nature (Tables)
12 Months Ended
Dec. 31, 2018
Text block [abstract]  
Detailed Information about Expenses by Nature

The Group presents the statement of comprehensive income by classifying expenses according to their function as part of the “Costs”, “Administrative expenses”, “Selling expenses” and “Exploration expenses” lines. The following additional information is disclosed as required, on the nature of the expenses and their relation to the function within the Group for the fiscal years ended December 31, 2018, 2017 and 2016:

 

     2018  
     Production
costs(3)
     Administrative
expenses
    Selling
expenses
    Exploration
expenses
     Total  

Salaries and social security taxes

     18,908        4,867       2,592       480        26,847  

Fees and compensation for services

     1,772        3,534 (2)       883       21        6,210  

Other personnel expenses

     5,313        571       278       50        6,212  

Taxes, charges and contributions

     3,634        275       5,626 (1)       28        9,563  

Royalties, easements and canons

     31,677        —         64       72        31,813  

Insurance

     1,335        130       118       —          1,583  

Rental of real estate and equipment

     8,983        24       766       28        9,801  

Survey expenses

     —          —         —         848        848  

Depreciation of property, plant and equipment

     83,700        1,758       2,111       —          87,569  

Amortization of intangible assets

     1,497        222       30       —          1,749  

Industrial inputs, consumable materials and supplies

     11,126        59       172       22        11,379  

Operation services and other service contracts

     14,973        372       1,302       29        16,676  

Preservation, repair and maintenance

     31,141        620       886       48        32,695  

Unproductive exploratory drillings

     —          —         —         3,331        3,331  

Transportation, products and charges

     12,714        4       9,615       —          22,333  

Provision for doubtful trade receivables

     —          —         353       —          353  

Publicity and advertising expenses

     —          951       978       —          1,929  

Fuel, gas, energy and miscellaneous

     7,567        535       2,153       509        10,764  
  

 

 

    

 

 

   

 

 

   

 

 

    

 

 

 
     234,340        13,922       27,927       5,466        281,655  
  

 

 

    

 

 

   

 

 

   

 

 

    

 

 

 

 

(1)

Includes 2,297 corresponding to export withholdings.

(2)

Includes 65 corresponding to fees and remunerations of the Directors and Statutory Auditors of YPF’s Board of Directors. On April 27, 2018, the General and Extraordinary Shareholders’ Meeting of YPF resolved to ratify the fees corresponding to fiscal year 2017 of 48.8 and to approve as fees on account of such fees and remunerations for the fiscal year 2018, the sum of 62.

(3)

The expense recognized in the consolidated statement of comprehensive income corresponding to research and development activities amounted to 700.

 

     2017  
     Production
costs(3)
     Administrative
expenses
    Selling
expenses
    Exploration
expenses
     Total  

Salaries and social security taxes

     12,548        3,537       1,988       330        18,403  

Fees and compensation for services

     1,159        2,118 (2)       544       18        3,839  

Other personnel expenses

     3,493        374       194       49        4,110  

Taxes, charges and contributions

     2,215        255       4,172 (1)       —          6,642  

Royalties, easements and canons

     17,630        —         31       31        17,692  

Insurance

     840        49       85       —          974  

Rental of real estate and equipment

     5,710        15       518       —          6,243  

Survey expenses

     —          —         —         214        214  

Depreciation of property, plant and equipment

     51,607        771       1,134       —          53,512  

Amortization of intangible assets

     688        125       25       —          838  

Industrial inputs, consumable materials and supplies

     5,813        35       83       25        5,956  

Operation services and other service contracts

     12,033        268       905       243        13,449  

Preservation, repair and maintenance

     20,204        382       458       82        21,126  

Unproductive exploratory drillings

     —          —         —         1,400        1,400  

Transportation, products and charges

     8,724        17       5,961       —          14,702  

Provision for doubtful trade receivables

     —          —         28       —          28  

Publicity and advertising expenses

     —          545       609       —          1,154  

Fuel, gas, energy and miscellaneous

     4,759        245       1,219       64        6,287  
  

 

 

    

 

 

   

 

 

   

 

 

    

 

 

 
     147,423        8,736       17,954       2,456        176,569  
  

 

 

    

 

 

   

 

 

   

 

 

    

 

 

 

 

(1)

Includes 1,612 corresponding to export withholdings.

(2)

Includes 48.8 corresponding to fees and remunerations of the Directors and Statutory Auditors of YPF’s Board of Directors. On April 28, 2017, the General and Extraordinary Shareholders’ Meeting of YPF resolved to ratify the fees corresponding to fiscal year 2016 of 127 and to approve as fees on account of such fees and remunerations for the fiscal year 2017, the sum of 48.3.

(3)

The expense recognized in the consolidated statement of comprehensive income corresponding to research and development activities amounted to 449.

 

     2016  
     Production
costs(3)
     Administrative
expenses
    Selling
expenses
    Exploration
expenses
     Total  

Salaries and social security taxes

     10,228        2,642       1,615       288        14,773  

Fees and compensation for services

     1,037        1,686 (2)       436       53        3,212  

Other personnel expenses

     2,773        347       140       39        3,299  

Taxes, charges and contributions

     1,861        382       3,399 (1)       —          5,642  

Royalties, easements and canons

     17,114        —         25       39        17,178  

Insurance

     1,037        41       89       —          1,167  

Rental of real estate and equipment

     5,097        32       505       2        5,636  

Survey expenses

     —          —         —         501        501  

Depreciation of property, plant and equipment

     43,077        714       961       —          44,752  

Amortization of intangible assets

     499        186       32       —          717  

Industrial inputs, consumable materials and supplies

     5,732        33       76       18        5,859  

Operation services and other service contracts

     10,494        242       713       125        11,574  

Preservation, repair and maintenance

     16,710        343       338       32        17,423  

Unproductive exploratory drillings

     —          —         —         2,050        2,050  

Transportation, products and charges

     6,952        9       4,964       —          11,925  

Provision for doubtful trade receivables

     —          —         169       —          169  

Publicity and advertising expenses

     —          344       855       —          1,199  

Fuel, gas, energy and miscellaneous

     4,464        125       895       8        5,492  
  

 

 

    

 

 

   

 

 

   

 

 

    

 

 

 
     127,075        7,126       15,212       3,155        152,568  
  

 

 

    

 

 

   

 

 

   

 

 

    

 

 

 

 

(1)

Includes 1,317 corresponding to export withholdings.

(2)

Includes 126 corresponding to fees and remunerations of the Directors and Statutory Auditors of YPF’s Board of Directors. On April 29, 2016, the General and Extraordinary Shareholders’ Meeting of YPF resolved to ratify the fees corresponding to fiscal year 2015 of 140 and to approve as fees on account of such fees and remunerations for the fiscal year 2016, the sum of 127.

(3)

The expense recognized in the consolidated statement of comprehensive income corresponding to research and development activities amounted to 400.