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CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY (Parenthetical) - ARS ($)
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Shares issued and fully paid 984,380,978 984,380,978 984,380,978
Nominal value (in pesos per share) $ 1 $ 1 $ 1
Treasury shares (in shares) 15,221,373 15,221,373 15,221,373
Treasury shares $ 461,000,000 $ 461,000,000 $ 461,000,000
Dividends $ 4,151,000,000 [1] $ 2,000,000,000 [2] $ 804,000,000 [3]
Treasury shares, Capital nominal value      
Nominal value (in pesos per share) $ 1 $ 1 $ 1
Treasury shares (in shares) 15,221,373    
Percentage of treasury shares to total capital 1.55% 1.55% 1.55%
Pesos      
Dividends $ 4,150,312,272    
[1] As approved by the Company’s Board of Directors’ Meeting held on December 18, 2017. The amount in pesos is $ 4,150,312,272, which was rounded in this Consolidated Statement of changes in equity to be presented in millions of pesos to 4,151.
[2] As approved by the Company's Board of Directors' Meeting held on April 29, 2016.
[3] As approved by the Company’s Ordinary Shareholders’ Meeting held on April 29, 2015.