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CONSOLIDATED BUSINESS SEGMENT INFORMATION
 12 Months Ended
Dec. 31, 2022
CONSOLIDATED BUSINESS SEGMENT INFORMATION [Abstract]  
CONSOLIDATED BUSINESS SEGMENT INFORMATION
7.
CONSOLIDATED BUSINESS SEGMENT INFORMATION

IFRS 8 “Operating Segments” requires an entity to report financial and descriptive information about its reportable segments, which are operating segments or aggregations of operating segments that meet specified criteria. Operating segments are components of an entity about which separate financial information is available that is evaluated regularly by the CODM in deciding how to allocate resources and in assessing performance. The Company’s CODM is the Board of Directors.

The Company analyzes its businesses into four segments: (i) Natural Gas Transportation Services, subject to ENARGAS regulations, (ii) Liquids Production and Commercialization, (iii) Other Services including midstream, among others, and (iv) Telecommunications. These last three business segments are not regulated by ENARGAS. Production and Commercialization of Liquids segment is regulated by the SE.

Detailed information on each business segment for the years ended December 31, 2022, 2021 and 2020 is disclosed below:

Year ended December 31, 2022
  
          Production and                          
    Natural Gas     Commercialization of     Other                    
   
Transportation
    
Liquids
    
Services
    
Telecommunications
    
Eliminations
    
Total
  
Revenues from sales
    
40,643,462
      
104,214,859
      
18,747,054
      
919,414
      
-
      
164,524,789
  
Intersegment revenues
    
1,164,760
      
-
      
-
      
-
      
(1,164,760
)
    
-
  
Cost of sales
    
(29,357,094
)
    
(58,784,800
)
    
(8,407,580
)
    
(656,850
)
    
1,164,760
      
(96,041,564
)
Administrative expenses
    
(4,230,811
)
    
(829,258
)
    
(627,243
)
    
(67,121
)
    
-
      
(5,754,433
)
Selling expenses
    
(3,019,249
)
    
(5,737,983
)
    
(1,336,806
)
    
(109,559
)
    
-
      
(10,203,597
)
Other operating results
    
(180,352
)
    
37,940
      
65,914
      
-
      
-
      
(76,498
)
Operating profit
    
5,020,716
      
38,900,758
      
8,441,339
      
85,884
      
-
      
52,448,697
  
Depreciation of property, plant and equipment
    
(14,385,464
)
    
(1,308,511
)
    
(3,878,694
)
    
-
      
-
      
(19,572,669
)

    Natural Gas     Commercialization of     Other              

 
Transportation
    
Liquids
    
Services
    
Telecommunications
    
Total
  
Identifiable assets
    
224,390,925
      
79,765,071
      
102,867,810
      
5,068,419
      
412,092,225
  
Identifiable liabilities
    
68,642,296
      
7,941,685
      
63,768,842
      
4,515,113
      
144,867,936
  

Year ended December 31, 2021
  
         
Production and
    
                   
    Natural Gas     Commercialization of     Other                    

 
Transportation
    
Liquids
    
Services
    
Telecommunications
    
Eliminations
    
Total
  
Revenue from sales
    
47,729,944
      
108,559,750
      
16,137,635
      
892,492
      
-
      
173,319,821
  
Intersegment revenues
    
1,753,852
      
-
      
-
      
-
      
(1,753,852
)
    
-
  
Cost of sales
    
(30,398,565
)
    
(56,280,587
)
    
(7,294,631
)
    
(623,473
)
    
1,753,852
      
(92,843,404
)
Administrative expenses
    
(3,820,247
)
    
(664,124
)
    
(465,910
)
    
(45,786
)
    
-
      
(4,996,067
)
Selling expenses
    
(3,353,756
)
    
(4,889,198
)
    
(1,010,116
)
    
(86,494
)
    
-
      
(9,339,564
)
Other operating results
    
(396,796
)
    
626,862
      
20,099
      
760
      
-
      
250,925
  
Operating profit
    
11,514,432
      
47,352,703
      
7,387,077
      
137,499
      
-
      
66,391,711
  
Depreciation of property, plant and equipment
    
(13,844,172
)
    
(1,194,842
)
    
(3,682,135
)
    
-
      
-
      
(18,721,149
)

         
Production and
                    
   
Natural Gas
    
Commercialization of
     Other              

 
Transportation
    
Liquids
    
Services
    
Telecommunications
    
Total
  
Identifiable assets
    
242,560,322
      
74,892,859
      
87,327,237
      
739,498
      
405,519,916
  
Identifiable liabilities
    
78,050,198
      
21,404,091
      
70,954,650
      
204,490
      
170,613,429
  

Year ended December 31, 2020
  
         
Production and
                          
   
Natural Gas
    
Commercialization of
     Other                    

 
Transportation
    
Liquids
    
Services
    
Telecommunications
    
Eliminations
    
Total
  
Revenue from sales
    
69,100,376
      
81,140,913
      
12,832,687
      
1,201,467
      
-
      
164,275,443
  
Intersegment revenues
    
2,483,327
      
-
      
-
      
-
      
(2,483,327
)
    
-
  
Cost of sales
    
(29,218,827
)
    
(46,554,104
)
    
(6,938,313
)
    
(821,874
)
    
2,483,327
      
(81,049,791
)
Administrative expenses
    
(3,652,010
)
    
(746,192
)
    
(512,372
)
    
(37,239
)
    
-
      
(4,947,813
)
Selling expenses
    
(4,290,739
)
    
(3,457,748
)
    
(881,361
)
    
(96,031
)
    
-
      
(8,725,879
)
Other operating (expenses) / income
    
(129,779
)
    
411,530
      
7,383
      
4,388
      
-
      
293,522
  
Impairment of PPE
    (9,156,072 )     -       -       -       -       (9,156,072 )
Operating profit
    
25,136,276
      
30,794,399
      
4,508,024
      
250,711
      
-
      
60,689,410
  
Depreciation of property, plant and equipment
    
(13,415,586
)
    
(1,125,453
)
    
(3,574,463
)
    
-
      
-
      
(18,115,502
)

         
Production and
                    
   
Natural Gas
    
Commercialization of
     Other              

 
Transportation
    
Liquids
    
Services
    
Telecommunications
    
Total
  
Identifiable assets
    
243,316,895
      
52,023,450
      
82,037,118
      
720,848
      
378,098,311
  
Identifiable liabilities
    
81,196,369
      
15,989,754
      
86,567,711
      
210,291
      
183,964,125