Segment Information (Tables)

12 Months Ended

Dec. 31, 2022


	Upstream				Downstream		Gas and Power		Central Administration and Others			Consolidation Adjustments (1)			Total
For the year ended December 31, 2022
Revenues		51				16,016		2,304		386			-			18,757
Revenues from intersegment sales		7,134				109		391		779			(8,413	)		-

Revenues		7,185				16,125		2,695		1,165			(8,413	)		18,757


Operating profit / (loss)		1,306	(4	)		1,523		90		(401	)		(36	)		2,482
Income from equity interests in associates and joint ventures		-				256		195		(5	)		-			446

Net financial results																128
Net profit before income tax																3,056
Income tax																(822	)
Net profit																2,234

Acquisitions of property, plant and equipment		3,378				837		78		166			-			4,459
Acquisitions of right-of-use assets		204				102		-		-			-			306
Assets		11,317				9,980		2,765		2,018			(168	)		25,912

Other income statement items
Depreciation of property, plant and equipment (3)		1,935				477		48		91			-			2,551
Amortization of intangible assets		-				29		12		2			-			43
Depreciation of right-of-use assets		140				59		20		-			(5	)		214
Impairment of property, plant and equipment (2)		123				-		-		-			-			123

For the year ended December 31, 2021
Revenues		49				11,220		2,069		344			-			13,682
Revenues from intersegment sales		5,820				64		161		484			(6,529	)		-

Revenues		5,869				11,284		2,230		828			(6,529	)		13,682


Operating profit / (loss)		66	(4	)		945		10		(184	)		(138	)		699
Income from equity interests in associates and joint ventures		-				153		134		-			-			287

Net financial results																(271	)
Net profit before income tax																715
Income tax																(699	)
Net profit																16

Acquisitions of property, plant and equipment		2,162				406		27		71			-			2,666
Acquisitions of right-of-use assets		172				105		7		-			-			284
Assets		10,481				8,597		2,570		1,775			(133	)		23,290

Other income statement items
Depreciation of property, plant and equipment (3)		2,249				456		28		83			-			2,816
Amortization of intangible assets		-				39		8		4			-			51
Depreciation of right-of-use assets		129				61		17		-			(6	)		201
Impairment of property, plant and equipment and intangible assets (2)		115				-		-		-			-			115


	Upstream					Downstream		Gas and Power			Central Administration and Others			Consolidation Adjustments (1)			Total
For the year ended December 31, 2020
Revenues		33					7,814		1,656			187			-			9,690
Revenues from intersegment sales		4,222					48		116			368			(4,754	)		-

Revenues		4,255					7,862		1,772			555			(4,754	)		9,690


Operating profit / (loss)		(444	)	(4	)		89		(272	)		(290	)		113			(804	)
Income from equity interests in associates and joint ventures		-					57		131			-			-			188

Net financial results																		(221	)
Net loss before income tax																		(837	)
Income tax																		(184	)
Net loss																		(1,021	)

Acquisitions of property, plant and equipment		886					319		58			62			-			1,325
Acquisitions of right-of-use assets		148					1		-			-			-			149
Assets		10,876					7,694		2,490			1,818			4			22,882

Other income statement items
Depreciation of property, plant and equipment (3)		1,854					484		23			99			-			2,460
Amortization of intangible assets		1					39		3			5			-			48
Depreciation of right-of-use assets		129					90		40			-			(5	)		254
Impairment / (Recovery) of property, plant and equipment and intangible assets, net (2)		45					-		7			1			-			53

(1)	Corresponds to the elimination among business segments of the YPF Group.

(2)	See Notes 2.c), 7 and 8.

(3)	Includes depreciation of charges for impairment of property, plant and equipment.

(4)	Includes (26), (10) and (49) of unproductive exploratory drillings as of December 31, 2022, 2021 and 2020, respectively.

Summary of Revenue and Property, Plant and Equipment by Geographic Area

The distribution of “Revenues” by geographic area, according to the markets for which they are intended, for the years ended on December 31, 2022, 2021 and 2020, and property, plant and equipment by geographic area as of December 31, 2022, 2021 and 2020 are as follows:


	Revenues						Property, plant and equipment
	2022		2021		2020		2022		2021		2020
Argentina		16,420		12,074		8,466		17,500		16,002		16,409
Mercosur and associated countries		1,107		668		410		10		1		4
Rest of the world		816		687		336		-		-		-
Europe		414		253		478		-		-		-

		18,757		13,682		9,690		17,510		16,003		16,413