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JOINT ARRANGEMENTS

12 Months Ended

Dec. 31, 2023

JOINT ARRANGEMENTS [Abstract]

JOINT ARRANGEMENTS

10. JOINT ARRANGEMENTS

tgs jointly with SACDE applied for the public tender launched by the Argentine Government for the construction of a connection pipeline in the province of Santa Fe. This tender was finally obtained by the UT whose sole purpose is the execution of such works. For further information, see Note 23.

The Company participates in the UT in a percentage of 51% on the rights of the assets and on the obligations related to them. tgs consolidates line by line assets, liabilities and results of the UT based on the aforementioned percentage of participation.

The breakdown of the amounts included in the statements of financial position related to the Company’s participation in the UT and its results is the following:

		2023				2022
Consolidated Statements of financial position
Non Current assets			-				-
Current Assets			61,759				224,276
Total			61,759				224,276
Non Current Liabilities			-				-
Current Liabilities			422,838				867,650
Total			422,838				867,650

		2023				2022				2021
Consolidated Statements of comprehensive income
Gross (loss) / profit			(102,742	)			84				165
Operating loss			(146,685	)			(24,458	)			(47,642	)
Net Financial results			648,817				439,521				856,156
Comprehensive income			502,132				415,063				808,514

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- References

No definition available.

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- Definition

The disclosure of joint ventures. [Refer: Joint ventures [member]]

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Name IAS
-Number 27
-IssueDate 2023-01-01
-Paragraph 17
-Subparagraph b
-URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=27&code=ifrs-tx-2023-en-r&anchor=para_17_b&doctype=Standard
-URIDate 2023-03-23

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Name IAS
-Number 27
-IssueDate 2023-01-01
-Paragraph 16
-Subparagraph b
-URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=27&code=ifrs-tx-2023-en-r&anchor=para_16_b&doctype=Standard
-URIDate 2023-03-23

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Name IFRS
-Number 12
-IssueDate 2023-01-01
-Paragraph B4
-Subparagraph b
-URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=12&code=ifrs-tx-2023-en-r&anchor=para_B4_b&doctype=Appendix&subtype=B
-URIDate 2023-03-23

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