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OTHER LIABILITIES
12 Months Ended
Dec. 31, 2018
OTHER LIABILITIES  
OTHER LIABILITIES

NOTE 17 – OTHER LIABILITIES

Other liabilities consist of the following:

·

revenues received from connection fees for fixed telephony, cable television, data and Internet, nonrefundable;

·

revenues collected by remaining traffic and packages of data from unexpired cards;

·

the value assigned to the points delivered by customer loyalty programs in the mobile telephony;

·

the advanced collection of revenues from services of international capacity;

·

the advanced collection of construction projects;

·

deferred revenue from government subsidies for the acquisition of PP&E;

·

pension benefits; and

·

any liability not included in the other liability items.

 

 

 

 

 

 

 

 

As of December 31,

 

    

2018

    

2017

Current

 

  

 

  

Deferred revenues on prepaid calling cards

 

710

 

30

Deferred revenues on connection fees and international capacity leases

 

76

 

117

Deferred revenues on construction projects

 

322

 

 —

Mobile customer loyalty programs

 

173

 

 —

Compensation for directors and members of the Supervisory Committee

 

47

 

 —

Companies under sect. 33 - Law No. 19,550 and Related Parties (Note 27.c)

 

 —

 

 4

Other (*)

 

209

 

 1

 

 

1,537

 

152

Non-current

 

  

 

  

Deferred revenues on connection fees and international capacity leases

 

254

 

198

Pension benefits (Note 3.m)

 

245

 

 —

Mobile customer loyalty programs

 

280

 

 —

Other (*)

 

380

 

 —

 

 

1,159

 

198

Total other liabilities

 

2,696

 

350

 

(*) Includes deferred revenue from subsidiaries for government subsidies for the acquisition of PP&E.

 

Movements in the pension benefits are as follows:

 

 

 

 

 

 

 

 

Years ended

 

 

December 31,

 

    

2018

    

2017

At the beginning of the year

 

 —

 

 —

Incorporation by merger (Note 4.a)

 

316

 

 —

Service cost (*)

 

23

 

 —

Interest cost (**)

 

72

 

 —

Payments (***)

 

(166)

 

 —

At the end of the year

 

245

 

 —

 

(*)     Included in Employee benefit expenses and severance payments.

(**)    Included in Other Financial expenses, net.

(***)  Include (158) corresponding to RECPAM.