XML 34 R46.htm IDEA: XBRL DOCUMENT v3.20.1
BALANCES AND TRANSACTIONS WITH RELATED COMPANIES (Tables)
 12 Months Ended
Dec. 31, 2019
BALANCES AND TRANSACTIONS WITH RELATED COMPANIES [Abstract]  
Balances with Related Parties
The detail of significant outstanding balances for transactions entered into by TGS and its related parties as of December 31, 2019, 2018 and 2017 is as follows:
 
 
 
2019
  
2018
 
Company
 
Accounts
receivable
  
Accounts
payable
  
Accounts
receivable
  
Accounts
payable
 
Controlling shareholder:
            
CIESA
  
37
   
-
   
-
   
-
 
Associate which exercises joint control on the controlling shareholder:
                
Pampa Energía (1)
  
210,126
   
2,489,507
   
141,040
   
2,846,676
 
Associate which exercises significant influence on the controlling shareholder:
                
Link
  
668
   
-
   
9,971
   
-
 
EGS
  
-
   
-
   
-
   
-
 
TGU
  
-
   
9,534
   
-
   
9,232
 
Other related companies:
                
SACDE Sociedad Argentina de Construcción (2)
  
23,344
   
-
   
329,429
   
-
 
Pampa Comercializadora S.A.
  
43,843
   
-
   
10,942
   
-
 
CT Barragán S.A.
  
8,131
   
-
   
-
   
-
 
Oleoductos del Valle S.A.
  
3,348
   
-
   
4,816
   
-
 
Central Piedra Buena S.A.
  
13,304
   
-
   
39,170
   
-
 
Transener S.A.
  
-
   
-
   
140
   
-
 
Total
  
302,801
   
2,499,041
   
535,508
   
2,855,908
 

(1) Accounts payable includes Ps. 2,377,438 and Ps. 2,546,556 corresponding to the financial leasing recorded as “Loans” as of December 31, 2019 and 2018, respectively.
(2) Corresponds to advance payments delivered to the supplier recorded as “Other credits”.
Transactions with Related Parties
The detail of significant transactions with related parties for the years ended December 31, 2019, 2018 and 2017 is as follows:
 
Year ended December 31, 2019:
 
  
Revenues
  
Costs
     
Financial
results
 
                      
Company
 
Natural Gas
Transportation
  
Production and
commercialization
of liquids
  
Other
services
  
Gas
purchase
and others
  
Compensation
for technical
assistance
  
Revenues for
administrative
services
  
Interest
expense
 
Controlling shareholder:
                     
CIESA
  
-
   
-
   
-
   
-
   
-
   
146
   
-
 
Associate which exercises joint control on the controlling shareholder:
                            
Pampa Energía
  
803,610
   
269,511
   
268,991
   
575,857
   
1,144,777
   
-
   
194,944
 
Associates with significant influence:
                            
Link
  
-
   
-
   
14,073
   
-
   
-
   
-
   
-
 
Other related companies:
                            
Oleoductos del Valle S.A.
  
5,469
   
-
   
-
   
-
   
-
   
-
   
-
 
Pampa Comercializadora S.A.
  
52,051
   
-
   
-
   
-
   
-
   
-
   
-
 
Central Piedra Buena S.A.
  
121,367
   
-
   
-
   
-
   
-
   
-
   
-
 
Experta ART
  
-
   
-
   
-
   
20,080
   
-
   
-
   
-
 
Total
  
982,497
   
269,511
   
283,064
   
595,937
   
1,144,777
   
146
   
194,944
 

Additionally, during the year ended December 31, 2019, the Company received from SACDE Sociedad Argentina de Construcción, construction engineering services for Ps. 1,726,356, which are capitalised within the facilities related to the Vaca Muerta Projects.
 
Year ended December 31, 2018:
 
  
Revenues
  
Costs
     
Financial
results
 
Company
 
Natural Gas
Transportation
  
Production and
commercialization
of liquids
  
Other
services
  
Gas
purchase
and others
  
Compensation
for technical
assistance
  
Revenues for
administrative
services
  
Interest
expense
 
Controlling shareholder:
                     
CIESA
  
-
   
-
   
-
   
-
   
-
   
225
   
-
 
Associate which exercises joint control on the controlling shareholder:
                            
Pampa Energía
  
676,180
   
2,035
   
355,245
   
949,283
   
2,026,244
   
-
   
193,009
 
Associates with significant influence:
                            
Link
  
-
   
-
   
13,213
   
-
   
-
   
-
   
-
 
Other related companies:
                            
Oleoductos del Valle S.A.
  
9,459
   
-
   
12,733
   
-
   
-
   
-
   
-
 
Transener S.A.
  
-
   
-
   
18,481
   
-
   
-
   
-
   
-
 
Petrolera Entre Lomas S.A.
  
-
   
-
   
-
   
3,103
   
-
   
-
   
-
 
Pampa Comercializadora S.A.
  
41,333
   
-
   
-
   
-
   
-
   
-
   
-
 
Central Térmica Piedrabuena S.A.
  
103,337
   
-
   
-
   
-
   
-
   
-
   
-
 
Experta ART
  
-
   
-
   
-
   
18,321
   
-
   
-
   
-
 
Total
  
830,309
   
2,035
   
399,672
   
970,707
   
2,026,244
   
225
   
193,009
 

Additionally, during 2018, the Company received from SACDE S.A. Construcciones engineering services for Ps 263,580 which are capitalized in the caption Work in progress.
 
Year ended December 31, 2017:
 
Revenues
  
Costs
  
Financial
results
 
Company
 
Natural Gas
Transportation
  
Production and
commercialization
of liquids
  
Other
services
  
Gas
purchase
and others
  
Compensation
for technical
assistance
  
Revenues for
administrative
services
  
Interest
expense
 
Controlling shareholder:
                     
CIESA
  
-
   
-
   
-
   
-
   
-
   
238
   
-
 
Associate which exercises joint control on the controlling shareholder:
                            
Pampa Energía
  
68,736
   
143,945
   
178,731
   
349,268
   
887,901
   
-
   
165,726
 
Jointly control entity:
                            
UT
  
-
   
-
   
-
   
-
   
-
   
3,253
   
-
 
Associates with significant influence:
                            
Link
  
-
   
-
   
11,516
   
-
   
-
   
-
   
-
 
Other related companies:
                            
Oleoductos del Valle S.A.
  
11,476
   
-
   
2,616
   
-
   
-
   
-
   
-
 
Refinor S.A.
  
-
   
-
   
-
   
8,230
   
-
   
-
   
-
 
Petrolera Pampa S.A.
  
-
   
-
   
-
   
62,062
   
-
   
-
   
-
 
Petrolera Entre Lomas S.A.
  
-
   
-
   
-
   
27,384
   
-
   
-
   
-
 
Pampa Comercializadora S.A.
  
16,575
   
-
   
-
   
-
   
-
   
-
   
-
 
Central Piedra Buena S.A.
  
20,245
   
-
   
-
   
-
   
-
   
-
   
-
 
Central Térmica Loma La Lata S.A.
  
-
   
-
   
598
   
-
   
-
   
-
   
-
 
Experta ART
  
-
   
-
   
-
   
18,381
   
-
   
-
   
-
 
Total
  
117,032
   
143,945
   
193,462
   
465,325
   
887,901
   
3,491
   
165,726