XML 93 R71.htm IDEA: XBRL DOCUMENT

Expenses by Nature (Tables)

12 Months Ended

Dec. 31, 2020

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 “Production 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, 2020, 2019 and 2018:


	2020
	Production costs (3)		Administrative expenses			Selling expenses			Exploration expenses		Total
Salaries and social security taxes		43,315		13,056			7,230			826		64,427	(5)
Fees and compensation for services		2,469		8,667	(2)		1,694			12		12,842
Other personnel expenses		8,789		768			326			36		9,919
Taxes, charges and contributions		7,287		430			14,664	(1)		71		22,452
Royalties, easements and canons		42,709		—			74			80		42,863
Insurance		5,314		403			137			—		5,854
Rental of real estate and equipment		7,332		48			1,892			—		9,272	(4)
Survey expenses		—		—			—			526		526
Depreciation of property, plant and equipment		161,453		4,170			5,829			—		171,452
Amortization of intangible assets		2,821		567			40			—		3,428
Depreciation of right-of-use assets		16,868		16			989			—		17,873
Industrial inputs, consumable materials and supplies		22,838		258			406			27		23,529
Operation services and other service contracts		34,492		588			3,298			544		38,922	(4)
Preservation, repair and maintenance		50,850		1,365			1,501			52		53,768	(4)
Unproductive exploratory drillings		—		—			—			3,586		3,586
Transportation, products and charges		20,966		2			16,997			—		37,965	(4)
Provision for doubtful trade receivables		—		—			12,317			—		12,317
Publicity and advertising expenses		—		2,481			782			—		3,263
Fuel, gas, energy and miscellaneous		14,761		1,671			3,659			86		20,177	(4)

		442,264		34,490			71,835			5,846		554,435

(1)	Includes 9,393 corresponding to export withholdings.

(2)

Includes 193 corresponding to fees and remunerations of the Directors and Statutory Auditors of YPF’s Board of Directors. On April 20, 2020, the General and Extraordinary Shareholders’ Meeting of YPF resolved to ratify the fees corresponding to fiscal year 2019 of 83 and to approve as fees on account of such fees and remunerations for the fiscal year 2020, the sum of 123.

(3)	The expense recognized in the consolidated statement of comprehensive income corresponding to research and development activities amounted to 1,602.

(4)	Includes 4,164 and 5,332 corresponding to short-term leases and to the lease charge related to the underlying asset performance and/or use, respectively.

(5)	Includes 1,539 corresponding to the Work and Production Assistance Program received in benefit of AESA and OPESSA. See Note 35.


	2019
	Production costs (3)		Administrative expenses			Selling expenses			Exploration expenses		Total
Salaries and social security taxes		33,991		8,075			4,226			666		46,958
Fees and compensation for services		2,491		6,389	(2)		1,265			172		10,317
Other personnel expenses		8,941		962			513			66		10,482
Taxes, charges and contributions		7,370		312			10,627	(1)		48		18,357
Royalties, easements and canons		42,135		—			122			283		42,540
Insurance		2,692		181			118			—		2,991
Rental of real estate and equipment		11,079		38			861			—		11,978	(4)
Survey expenses		—		—			—			1,212		1,212
Depreciation of property, plant and equipment		139,345		2,839			3,710			—		145,894
Amortization of intangible assets		2,020		323			31			—		2,374
Depreciation of right-of-use assets		9,835		—			674			—		10,509
Industrial inputs, consumable materials and supplies		22,095		183			201			51		22,530
Operation services and other service contracts		18,512		744			2,249			287		21,792	(4)
Preservation, repair and maintenance		48,762		1,021			1,081			125		50,989	(4)
Unproductive exploratory drillings		—		—			—			3,832		3,832
Transportation, products and charges		23,137		15			16,222			—		39,374	(4)
Provision for doubtful trade receivables		—		—			3,184			—		3,184
Publicity and advertising expenses		—		2,551			1,065			—		3,616
Fuel, gas, energy and miscellaneous		5,876		1,068			3,749			99		10,792	(4)

		378,281		24,701			49,898			6,841		459,721

(1)	Includes 6,541 corresponding to export withholdings.

(2)

Includes 80 corresponding to fees and remunerations of the Directors and Statutory Auditors of YPF’s Board of Directors. On April 26, 2019, the General and Extraordinary Shareholders’ Meeting of YPF resolved to ratify the fees corresponding to fiscal year 2018 of 65 and to approve as fees on account of such fees and remunerations for the fiscal year 2019, the sum of 87.

(3)	The expense recognized in the consolidated statement of comprehensive income corresponding to research and development activities amounted to 1,261.

(4)	Includes 7,223 and 3,326 corresponding to short-term leases and to the lease charge related to the underlying asset performance and/or use, respectively.


	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.