XML 72 R50.htm IDEA: XBRL DOCUMENT

Financial Risk Management (Tables)

12 Months Ended

Dec. 31, 2020

Schedule of Breakdown of Effect a Variation of 10% in Prevailing Exchange Rates on Net Income

The following table provides a breakdown of the effect a variation of 10% in the prevailing exchange rates on the Group’s net income, taking into consideration the exposure of financial assets and liabilities denominated in Pesos as of December 31, 2020:

	Appreciation (+) / depreciation (-) of exchange rate of Peso against dollar				Income (loss) for fiscal year ended December 31, 2020
Impact on net income before income tax corresponding to financial assets and liabilities			+10 -10	% %			(1,770 1,770	)

Information About Financial Assets and Liabilities That Accrues Interest Considering Applicable Rate

The table below provides information about the financial assets and liabilities as of December 31, 2020 that accrue interest considering the applicable rate:


	Financial Assets (1)		Financial Liabilities (2)
Fixed interest rate		36,055		606,277
Variable interest rate		8,906		72,029

Total (3)		44,961		678,306

(1)	Includes temporary investments, loans with related parties and trade receivables with interest-bearing payment agreements. It does not include the rest of the trade receivables that are mostly non-interest bearing.

(2)	Includes only financial loans. Does not include accounts payable, which mostly do not accrue interest, nor the leases liabilities.

(3)	Includes principal and interest.

Schedule of Estimated Impact on Consolidated Comprehensive Income that an Increase or Decrease of 100 Basis Points in Interest Rate

The table below shows the estimated impact on consolidated statement of comprehensive income that an increase or decrease of 100 basis points in the interest rate would have.


	Increase (+) / decrease (-) in the interest rates (basis points)		Income (loss) for fiscal year ended December 31, 2020
Impact on net income after income tax		+100 -100		(766 766	)

Schedule of Effect of a 10% Variation in the Prices of Investments in Financial Instruments

The following table shows the effect that a 10% variation in the prices of investments in financial instruments would have on the Group’s results as of December 31, 2020:


	Increase (+) / decrease (-) in the prices of investments in financial instruments			Income (loss) for the fiscal year ended December 31, 2020
Impact on net income before income tax		+10 -10	% %		4,447 (4,447	)

Schedule of Maturity Dates of Financial Liabilities

The following table sets forth the maturity dates of the Group’s financial liabilities as of December 2020:


	December 31, 2020
	Maturity date
	0 - 1 year		1 - 2 years		2 - 3 years		3 - 4 years		4 - 5 years		More than 5 years		Total
Financial liabilities
Lease liabilities		22,098		11,757		5,600		2,620		1,818		2,377		46,270
Loans		150,731		78,543		60,020		66,164		132,104		190,744		678,306
Other liabilities		9,062		2,284		34		642		—		1		12,023
Accounts payable (1)		138,537		41		1		—		—		640		139,219

		320,428		92,625		65,655		69,426		133,922		193,762		875,818

(1)	The amounts disclosed are the contractual, undiscounted cash flows associated to the financial liabilities given that they do not differ significantly from their face values.

Summary of Maximum Exposure to Credit Risk


	Maximum exposure as of December 31, 2020
Cash and cash equivalents		54,618
Other financial assets		180,382

Summary of Breakdown of the Financial Assets

Following is the breakdown of the financial assets past due as of December 31, 2020:


	Current trade receivable		Other current receivables
Less than three months past due		11,670		574
Between three and six months past due		3,532		255
More than six months past due		15,943		1,628

		31,145		2,457