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Provisions (Tables)
12 Months Ended
Dec. 31, 2021
Text block [abstract]  
Summary of Changes in Group's Provisions
Changes in the Group’s provisions for the fiscal years ended December 31, 2021, 2020 and 2019 are as follows:
 
 
  
Provision for lawsuits and
contingencies
 
 
Provision for environmental
liabilities
 
 
Provision for hydrocarbon
wells abandonment obligations
 
 
Total
 
 
  
Non-current
 
 
Current
 
 
Non-current
 
 
Current
 
 
Non-current
 
 
Current
 
 
Non-current
 
 
Current
 
Balance as of December 31, 2018
    21,235       1,123       3,720       1,622       58,433       1,784       83,388  
 
 
  4,529  
   
 
 
   
 
 
   
 
 
   
 
 
   
 
 
   
 
 
   
 
 
   
 
 
 
Increases charged to expenses
    18,460
(3)
 
    9       1,695       —         7,409       —         27,564       9  
Decreases charged to income
    (2,358     (744     (63     —         (2,950     —         (5,371     (744
Applications due to utilization
    (73     (194     —         (1,821     —         (2,774     (73     (4,789
Reclassifications and other
movements
    (744     648       (2,003     2,003       (1,004 )
(1)
 
    2,176
(1)
 
    (3,751     4,827  
Net exchange and translation
differences
    7,405       443       479       106       35,219       1,079       43,103       1,628  
Result from net monetary position
(2)
    (92     —         —         —         —         —         (92     —    
   
 
 
   
 
 
   
 
 
   
 
 
   
 
 
   
 
 
   
 
 
   
 
 
 
Balance as of December 31, 2019
    43,833       1,285       3,828       1,910       97,107       2,265       144,768       5,460  
   
 
 
   
 
 
   
 
 
   
 
 
   
 
 
   
 
 
   
 
 
   
 
 
 
Increases charged to expenses
    8,917
(4)
 
    219       3,428       —         11,117       —         23,462       219  
Decreases charged to income
    (6,331 )
(5)
 
    (1,039     (224     —         (5,249     —         (11,804     (1,039
Applications due to utilization
    (43     (132     —         (1,330     —         (1,298     (43     (2,760
Reclassifications and other
movements
    (5,447 )
(6)
 
    1,103       (2,026     2,026       (13,572 )
(1)
 
    (346 )
(1)
 
    (21,045     2,783  
Net exchange and translation
differences
    9,475       498       525       12       41,185       960       51,185       1,470  
Result from net monetary position
(2)
    (35     —         —         —         —         —         (35     —    
   
 
 
   
 
 
   
 
 
   
 
 
   
 
 
   
 
 
   
 
 
   
 
 
 
Balance as of December 31, 2020
    50,369       1,934       5,531       2,618       130,588       1,581       186,488       6,133  
   
 
 
   
 
 
   
 
 
   
 
 
   
 
 
   
 
 
   
 
 
   
 
 
 
Increases charged to expenses
    40,607
(7)
 
    199       10,876             14,955             66,438       199  
Decreases charged to income
    (4,278     (3,574     (12           (9,632           (13,922     (3,574
Applications due to utilization
    (655     (676           (2,489           (1,788     (655     (4,953
Reclassifications and other
movements
    (4,283     3,938       (6,888     6,888       (6,567 )
(1)
 
    9,916
(1)
 
    (17,738     20,742  
Net exchange and translation
differences
    7,758       383       295       6       29,859       361       37,912       750  
Result from net monetary position
(2)
    (45                                   (45      
   
 
 
   
 
 
   
 
 
   
 
 
   
 
 
   
 
 
   
 
 
   
 
 
 
Balance as of December 31, 2021
    89,473       2,204       9,802       7,023       159,203       10,070       258,478       19,297  
   
 
 
   
 
 
   
 
 
   
 
 
   
 
 
   
 
 
   
 
 
   
 
 
 

(1)
Includes 3,349, (13,918) and 1,172 corresponding to the annual recalculation of abandonment of hydrocarbon wells cost for the years ended December 31, 2021, 2020 and 2019, respectively.
(2)
Includes adjustment for inflation of opening balances of provisions in subsidiaries with the Peso as functional currency which was charged to other comprehensive income and the adjustment for inflation of the fiscal year, which was charged to results.
(3)
Includes 10,572 corresponding to the recognition of the dispute relating to the tax deduction of hydrocarbon well abandonment costs for periods 2011-2017 plus the accrual of financial interest since March 31, 2019, date on which the Company decided to adhere to the regime of extended moratorium. See Note 17.
(4)
Includes the accrual of financial interest corresponding to the recognition of the dispute relating to the tax deduction of hydrocarbon well abandonment costs for periods 2011-2017.
(5)
Includes 3,645 corresponding to the recovery of liabilities with the regime of extended moratorium for periods 2011-2013 of the dispute relating to the tax deduction of hydrocarbon well abandonment costs. See Note 17.
(6)
Includes 2,953 reclassified as “Income tax liability” with the regime of extended moratorium for 2011-2013 of the dispute relating to the tax deduction of hydrocarbon well abandonment costs. See Note 17.
(7)
Includes the accrual of financial interest corresponding to the recognition of the dispute relating to the tax deduction of hydrocarbon well abandonment costs for periods 2014-2017.