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SIGNIFICANT ACCOUNTING POLICIES (Tables)
 12 Months Ended
Dec. 31, 2023
SIGNIFICANT ACCOUNTING POLICIES [Abstract]  
Subsidiary Control
Detailed data reflecting subsidiary control as of December 31, 2023 and 2022 is as follows:
       
% of shareholding and
voting
        
Company
Incorporation
country
  Direct
    
Indirect
  
Closing
date
 Main activity
                             
Telcosur Argentina     99.98 %     -   December 31 Telecommunication Services
CTG Argentina     100 %     -  
December 31
 Electricity related services
Associates
In the table below, associates are disclosed, together with the percentage of shareholding and voting as of December 31, 2023 and 2022:

 
% of
shareholding
      
Company
and voting
Country
Main activity
Closing date
         
TGU 49.00% Uruguay Pipeline maintenance December 31
         
Link 49.00% Argentina Pipeline exploitation and construction December 31
Accumulated Taxable on Net Profit
Accumulated taxable net profit
    
Will pay $
    
More than %
    
On the surplus of $
  
More than $
    
to $
    

   

   

 
$
0
    
$
14,301,209
    
$
0
      
25%

 
$
0
  
$
14,301,209
    
$
143,012,092
    
$
3,575,302
      
30%

 
$
14,301,209
  
$
143,012,092
    
On forward
    
$
42,188,567
      
35%

 
$
143,012,092
  
Earnings Per Share
Earnings per share for the years ended  December 31, 2023, 2022 and 2021 were calculated as follows:
   
2023
   
2022
   
2021
 
Net income attributable to owners of the Company
    
23,517,458
      
100,640,069
      
126,968,077
  
Weighted average number of outstanding shares (1)
    
752,761,058
      
752,761,058
      
752,761,058
  
Basic and diluited earnings per share
    
31.24
     
133.69
     
168.67
 

(1)
The weighted average number of shares excludes treasury shares