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CONSOLIDATED INCOME STATEMENTS - ARS ($)
$ in Millions
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
CONSOLIDATED INCOME STATEMENTS      
Revenues $ 65,186 $ 53,240 $ 40,496
Other income 133 83 44
Total revenues and other income 65,319 53,323 40,540
Employee benefit expenses and severance payments (12,718) (9,800) (7,253)
Interconnection costs and other telecommunication charges (3,148) (2,553) (2,170)
Fees for services, maintenance, materials and supplies (6,600) (5,006) (3,919)
Taxes and fees with the Regulatory Authority (6,107) (5,125) (3,943)
Commissions (3,631) (3,849) (3,193)
Cost of equipments and handsets (6,684) (6,188) (4,595)
Advertising (1,218) (874) (814)
Cost of VAS (874) (1,499) (1,256)
Provisions (590) (187) (113)
Bad debt expenses (1,113) (1,228) (564)
Other operating expenses (3,280) (2,590) (1,854)
Depreciation and amortization (6,928) (6,198) (4,438)
Disposals and impairment of PP&E (316) (383) (199)
Operating income 12,112 7,843 6,229
Finance income 3,115 1,006 1,130
Finance expenses (3,601) (3,250) (2,232)
Income before income tax expense 11,626 5,599 5,127
Income tax expense (3,902) (1,594) (1,692)
Net income for the year 7,724 4,005 3,435
Attributable to:      
Telecom Argentina (Controlling Company) 7,630 3,975 3,403
Non-controlling interest $ 94 $ 30 $ 32
Earnings per share attributable to Telecom Argentina      
Basic and diluted $ 7.87 $ 4.10 $ 3.51