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CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - ARS ($) $ in Thousands | 12 Months Ended
--- | ---
Dec. 31, 2021 | Dec. 31, 2020 | Dec. 31, 2019
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME [Abstract] |  |  |  |
Revenues |  | $ 88,976,328 | $ 84,333,261 | $ 99,790,386
Cost of sales |  | (47,662,553) | (41,608,125) | (50,089,910)
Gross profit |  | 41,313,775 | 42,725,136 | 49,700,476
Administrative expenses |  | (2,564,806) | (2,540,034) | (2,589,826)
Selling expenses |  | (4,794,605) | (4,479,561) | (6,246,072)
Other operating results |  | 128,816 | 150,684 | (262,057)
Impairment of PPE |  | 0 | (4,700,407) | 0
Operating profit |  | 34,083,180 | 31,155,818 | 40,602,521
Net financial results |  |  |  |
Financial income |  | 6,872,187 | 8,325,067 | 17,539,130
Financial expenses |  | (16,911,649) | (27,462,866) | (36,372,505)
Other financial results |  | 202,856 | (10,225,962) | 233,003
Gain on net monetary position |  | 9,400,298 | 9,784,128 | 12,646,382
Total |  | (436,308) | (19,579,633) | (5,953,990)
Share of profit /(loss) from associates |  | 21,226 | 32,166 | (65,466)
Net income before income tax |  | 33,668,098 | 11,608,351 | 34,583,065
Income tax expense |  | (12,737,021) | (6,648,108) | (8,269,466)
Total comprehensive income for the year |  | 20,931,077 | 4,960,243 | 26,313,599
Total comprehensive income attributable to: |  |  |  |
Owners of the Company |  | 20,931,074 | 4,960,229 | 26,313,572
Non-controlling interests |  | $ 3 | $ 14 | $ 27
Total comprehensive income per share attributable to owners of the Company: |  |  |  |
Weighted average of outstanding ordinary shares (in shares) | [1],[2] | 752,761,058 | 762,371,755 | 788,405,563
Basic earnings per share (in pesos per share) |  | $ 27.81 | $ 6.51 | $ 33.38
Diluted earnings per share (in pesos per share) |  | $ 27.81 | $ 6.51 | $ 33.38
[1] | The weighted average number of shares considers the effect of the weighted average of the changes originated in the transactions with the treasury shares made during the year.
[2] | The weighted average of the number of shares considers the effect of the weighted average of the changes originated in the transactions with treasury shares made during the year.

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