Provisions (Tables)

12 Months Ended

Dec. 31, 2024

Summary of Changes in Group's Provisions

Changes in the Group’s provisions for the fiscal years ended December 31, 2024, 2023 and 2022 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, 2021		872			22			96		68		1,551			98			2,519		188

Increases charged to expenses		187	(3)		-			69		-		215			-			471		-
Decreases charged to income		(354)	(4)		-			(1)		-		(41)			-			(396)		-
Applications due to utilization		(12)			(35)			-		(48)		-			(56)			(12)		(139)
Net exchange and translation differences		(55)			-			(8)		(34)		-			-			(63)		(34)
Result from net monetary position (2)		(1)			-			-		-		-			-			(1)		-
Reclassifications and other movements		(66)	(5)		35			(60)		60		179	(1)		89	(1)		53		184

Balance as of December 31, 2022		571			22			96		46		1,904			131			2,571		199

Increases charged to expenses		89			3			80		-		264			-			433		3
Decreases charged to income		(26)			(6)			-		-		(12)			-			(38)		(6)
Applications due to utilization		(1)			(318)	(7)		-		(50)		-			(122)			(1)		(490)
Net exchange and translation differences		(110)			(1)			(52)		(38)		-			-			(162)		(39)
Result from net monetary position (2)		(1)			-			-		-		-			-			(1)		-
Reclassifications and other movements		(456)	(6)		321			(76)		76		390	(1)		117	(1)		(142)		514

Balance as of December 31, 2023		66			21			48		34		2,546			126			2,660		181

Increases charged to expenses		105			-			187		-		134			-			426		-
Decreases charged to income		(5)			-			(1)		-		(7)			-			(13)		-
Applications due to utilization		(3)			(17)			-		(72)		-			(30)			(3)		(119)
Net exchange and translation differences		(14)			-			-		(7)		-			-			(14)		(7)
Result from net monetary position (2)		(2)			-			-		-		-			-			(2)		-
Reclassifications and other movements (8)		(18)			17			(135)		81		(1,817)	(1)		(37)	(1)		(1,970)		61

Balance as of December 31, 2024		129			21			99		36		856			59			1,084		116

(1)	Includes 169, 507 and 268 corresponding to the annual recalculation of hydrocarbon wells abandonment cost for the years ended December 31, 2024, 2023 and 2022, respectively.

(2)

Includes the adjustment for inflation of opening balances of provisions of subsidiaries with the peso as functional currency which was charged to “Other comprehensive income” in the statement of comprehensive income and the adjustment for inflation of the fiscal year, which was charged to net profit or loss in the statement of comprehensive income.

(3)	Includes the accrual of financial interest corresponding to the recognition of the dispute relating to the tax deduction of hydrocarbon wells abandonment costs for periods 2014-2017.

(4)	Includes 30 corresponding to the recovery of liabilities for the regularization regimes associated with the dispute relating to the cost deduction for hydrocarbon wells abandonment for periods 2014-2017. See Note 17.a.5).

(5)	Includes 22 reclassified as “Income tax liability” in the statement of financial position for the regularization regimes associated with the dispute relating to the tax deduction of hydrocarbon wells abandonment costs for periods 2014-2017. See Note 17.a.5).

(6)	Includes 134 reclassified as “Other liabilities” in the statement of financial position due to the settlement agreement entered with TGN and 286 reclassified as current “Provision for lawsuits and contingencies” due to the Trust Settlement Agreement, see Notes 17.a.2) and 33, respectively.

(7)	Includes the payment of the amount for the Trust Settlement Agreement. See Note 33.

(8)

Includes 2,023 and 54 corresponding to the provisions for hydrocarbon wells abandonment obligations and for environmental liabilities, respectively, reclassified to the “Liabilities directly associated with assets held for sale” line item in the statement of financial position, see Notes 2.b.13) and 11. Additionally, includes the balance of the provision for lawsuits and contingencies of our subsidiary YPF Brasil reclassified to “Assets held for sale” in the statement of financial position, see Note 3 “Sale of equity participation in YPF Brasil” section.