XML 70 R49.htm IDEA: XBRL DOCUMENT
v3.24.1.u1

Financial Risk Management (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2023
Text block [abstract] |
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, mainly taking into consideration the exposure of financial assets and liabilities denominated in Pesos as of December 31, 2023:
|  | Appreciation (+) / depreciation (-) of exchange rate |  | Profit (loss)
Impact on profit or loss before income tax corresponding to financial assets and liabilities |  | +10% |  | 31
| -10% |  | (31)
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, 2023 that accrue interest considering the applicable rate:
|  |  |  | Financial Assets (1) |  | Financial Liabilities (2)
|  | Fixed interest rate |  | 985 |  | 7,497
|  | Variable interest rate |  | - |  | 693
|  | Total (3) |  | 985 |  | 8,190
(1) | Includes short-term investments, investments in financial assets at amortized cost, 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 net income that an increase or decrease of 100 basis points (“b.p.”) in the variable interest rates would have as of December 31, 2023:
|  | Increase (+) / decrease (-) in the interest rates |  | Profit (loss)
Impact on profit or loss for the year |  | +100 b.p. |  | (3)
| -100 b.p. |  | 3
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 profit or loss before income tax as of December 31, 2023:
|  | Increase (+) / decrease (-) in the prices |  | Profit (loss)
Impact on profit or loss before income tax |  | + 10 % |  | 21
| - 10 % |  | (21)
Schedule of Maturity Dates of Financial Liabilities | The following table sets forth the maturity dates of the Group’s financial liabilities as of December 31, 2023:
|  | 2023
|  | 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 |  |  | 341 |  |  |  | 174 |  |  |  | 81 |  |  |  | 38 |  |  |  | 15 |  |  |  | 17 |  |  |  | 666 |
Loans |  |  | 1,508 |  |  |  | 1,746 |  |  |  | 1,099 |  |  |  | 1,226 |  |  |  | 785 |  |  |  | 1,826 |  |  |  | 8,190 |
Other liabilities (1) |  |  | 120 |  |  |  | 40 |  |  |  | 35 |  |  |  | 36 |  |  |  | - |  |  |  | 1 |  |  |  | 232 |
Accounts payable (1) |  |  | 2,313 |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 4 |  |  |  | 2,317 |
|  |  | 4,282 |  |  |  | 1,960 |  |  |  | 1,215 |  |  |  | 1,300 |  |  |  | 800 |  |  |  | 1,848 |  |  |  | 11,405 |
(1) | Includes 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 | The maximum exposure to credit risk of the Group of December 31, 2023 based on the type of its financial instruments and without excluding the amounts covered by several types of guarantees is set forth below:
|  | Maximum exposure |
Cash and cash equivalents |  |  | 1,123 |
Investments in financial assets |  |  | 272 |
Other financial assets |  |  | 1,295 |
Summary of Breakdown of the Financial Assets | Following is the breakdown of the financial assets past due as of December 31, 2023:
|  | Current trade receivable |  |  | Other current receivables |
Less than three months past due |  |  | 41 |  |  |  | 3 |
Between three and six months past due |  |  | 13 |  |  |  | 1 |
More than six months past due |  |  | 90 |  |  |  | 3 |
|  |  | 144 |  |  |  | 7 |

X
- Definition The disclosure of credit risk. [Refer: Credit risk [member]] + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name IAS -Number 1 -IssueDate 2023-01-01 -Paragraph 10 -Subparagraph e -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=1&code=ifrs-tx-2023-en-r&anchor=para_10_e&doctype=Standard -URIDate 2023-03-23 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 7 -IssueDate 2023-01-01 -Section Credit risk -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=7&code=ifrs-tx-2023-en-r&doctype=Standard&dita_xref=IFRS07_g35A-38_TI -URIDate 2023-03-23 + Details
Name: | ifrs-full_DisclosureOfCreditRiskExplanatory
Namespace Prefix: | ifrs-full_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition The disclosure of financial assets that are either past due or impaired. [Refer: Financial assets] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Note Expired 2023-01-01 -Name IFRS -Number 7 -IssueDate 2023-01-01 -Paragraph 37 -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=7&code=ifrs-tx-2017-en-b&anchor=para_37&doctype=Standard&book=b -URIDate 2023-03-23 + Details
Name: | ifrs-full_DisclosureOfFinancialAssetsThatAreEitherPastDueOrImpairedExplanatory
Namespace Prefix: | ifrs-full_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition The disclosure of financial instruments by type of interest rate. [Refer: Financial instruments, class [member]] + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name IFRS -Number 7 -IssueDate 2023-01-01 -Paragraph 39 -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=7&code=ifrs-tx-2023-en-r&anchor=para_39&doctype=Standard -URIDate 2023-03-23 + Details
Name: | ifrs-full_DisclosureOfFinancialInstrumentsByTypeOfInterestRateExplanatory
Namespace Prefix: | ifrs-full_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition The disclosure of information that enables users of financial statements to evaluate the nature and extent of risks arising from financial instruments to which the entity is exposed. [Refer: Financial instruments, class [member]] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 7 -IssueDate 2023-01-01 -Paragraph 31 -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=7&code=ifrs-tx-2023-en-r&anchor=para_31&doctype=Standard -URIDate 2023-03-23 + Details
Name: | ifrs-full_DisclosureOfNatureAndExtentOfRisksArisingFromFinancialInstrumentsExplanatory
Namespace Prefix: | ifrs-full_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition The disclosure of a maturity analysis for non-derivative financial liabilities (including issued financial guarantee contracts) that shows the remaining contractual maturities. [Refer: Derivative financial liabilities] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 7 -IssueDate 2023-01-01 -Paragraph 39 -Subparagraph a -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=7&code=ifrs-tx-2023-en-r&anchor=para_39_a&doctype=Standard -URIDate 2023-03-23 + Details
Name: | ifrs-full_MaturityAnalysisForNonderivativeFinancialLiabilities
Namespace Prefix: | ifrs-full_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Disclosure of effect of changes in basis points interest rates + References No definition available. + Details
Name: | ypf_DisclosureOfEffectOfChangesInBasisPointsInterestRatesExplanatory
Namespace Prefix: | ypf_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Disclosure of effect of variation in prices of investments in financial instruments. + References No definition available. + Details
Name: | ypf_DisclosureOfEffectOfVariationInPricesOfInvestmentsInFinancialInstrumentsExplanatory
Namespace Prefix: | ypf_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Text block [abstract] + References No definition available. + Details
Name: | ypf_TextBlockAbstract
Namespace Prefix: | ypf_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration