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BALANCES AND TRANSACTIONS WITH COMPANIES UNDER SECTION 33 - LAW No. 19,550 AND RELATED PARTIES (Tables)
12 Months Ended
Dec. 31, 2018
BALANCES AND TRANSACTIONS WITH COMPANIES UNDER SECTION 33 - LAW No. 19,550 AND RELATED PARTIES  
Schedule of balances and transactions with related parties

 

·

Companies under section 33 - Law No. 19,550 – Controlling companies

 

 

 

 

 

 

 

 

CURRENT LIABILITIES

 

Type of related party

 

As of December 31,

Dividends payables

    

 

    

2018

    

2017

CVH

 

Controlling company

 

 —

 

2,067

VLG

 

Shareholder

 

 —

 

3,090

Fintech Media LLC

 

Shareholder

 

 —

 

864

 

 

 

 

 —

 

6,021

 

·

Companies under section 33 - Law No. 19,550 – Associates

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Type of related party

 

As of December 31,

 

    

 

    

2018

    

2017

CURRENT ASSETS

 

 

 

 

 

 

Other receivables (1)

 

  

 

 

 

 

La Capital Cable S.A.

 

Associate

 

78

 

34

Teledifusora San Miguel Arcángel S.A.

 

Associate

 

19

 

40

Ver T.V. S.A.

 

Associate

 

47

 

100

 

 

  

 

144

 

174

CURRENT LIABILITIES

 

  

 

  

 

  

Trade payables

 

 

 

 

 

 

Televisora Privada del Oeste S.A.(2)

 

Associate

 

 3

 

 —

 

 

  

 

 3

 

 —

Financial Debt

 

 

 

 

 

 

La Capital Cable S.A.

 

Associate

 

 —

 

 6

 

 

  

 

 —

 

 6

 

·

Related parties

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Type of related party

 

As of December 31,

 

    

 

    

2018

    

2017

CURRENT ASSETS

 

 

 

 

 

 

Trade receivables

 

 

 

 

 

 

Other Related parties

 

Related party

 

92

 

59

 

 

 

 

92

 

59

CURRENT LIABILITIES

 

 

 

 

 

 

Trade payables

 

 

 

 

 

 

Other Related parties

 

Related party

 

565

 

438

 

 

 

 

565

 

438

 

(1)

Include 65 and 134 as of December 31, 2018 and as of December 31, 2017, respectively corresponding to dividends receivable.

(2)

Associate Company throughout PEM.

 

      Companies under section 33 - Law No. 19,550– Controlling companies

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Transaction

 

Type of related party

 

Years ended December 31,

 

    

 

    

 

    

2018

    

2017

    

2016

 

 

 

 

 

 

Profit (loss)

 

 

 

 

 

 

Revenues

Grupo Clarín S.A. (1)

 

Other services revenues

 

Controlling company

 

 —

 

 —

 

 3

 

 

 

 

 

 

 —

 

 —

 

 3

 

 

 

 

 

 

Operating costs

Grupo Clarín S.A. (1)

 

Advisory services

 

Controlling company

 

 —

 

 —

 

(95)

CVH

 

Advisory services

 

Controlling company

 

 —

 

(99)

 

 —

 

 

 

 

 

 

 —

 

(99)

 

(95)

 

 

 

 

 

 

Finance results

Grupo Clarín S.A. (1)

 

Interests on loans granted

 

Controlling company

 

 —

 

 —

 

713

CVH

 

Interests on loans granted

 

Controlling company

 

 —

 

20

 

 —

 

 

 

 

 

 

 —

 

20

 

713

 

(1)

It ceased to be Cablevisión´s controlling company as of May 1, 2017. Note 4.e).

 

      Companies under section 33 - Law No. 19,550– Associates

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Transaction

 

Type of related party

 

Years ended December 31,

 

    

 

    

 

    

2018

    

2017

    

2016

 

 

 

 

 

 

Profit (loss)

 

 

 

 

 

 

Revenues

La Capital Cable S.A.

 

Services revenues

 

Associate

 

11

 

12

 

12

La Capital Cable S.A.

 

Other revenues

 

Associate

 

37

 

29

 

41

 

 

 

 

 

 

48

 

41

 

53

 

 

 

 

 

 

Operating costs

La Capital Cable S.A.

 

Fees for services

 

Associate

 

(24)

 

(19)

 

(12)

 

 

 

 

 

 

(24)

 

(19)

 

(12)

 

 

 

 

 

 

Finance results

La Capital Cable S.A.

 

Interests on debt

 

Associate

 

 —

 

(1)

 

(2)

 

 

 

 

 

 

 —

 

(1)

 

(2)

 

·

Related Parties (2)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Transaction

 

Type of related party

 

Years ended December 31,

 

    

 

    

 

    

2018

    

2017

    

2016

 

 

 

 

 

 

Profit (loss)

 

 

 

 

 

 

Revenues

Other Related parties

 

Advertising sales

 

Related Party

 

36

 

50

 

 3

Other Related parties

 

Services revenues

 

Related Party

 

88

 

59

 

39

 

 

 

 

 

 

124

 

109

 

42

 

 

 

 

 

 

Operating costs

Other Related parties

 

Programming costs

 

Related Party

 

(1,611)

 

(1,614)

 

(1,480)

Other Related parties

 

Editing and distribution of magazines

 

Related Party

 

(558)

 

(363)

 

(407)

Other Related parties

 

Advisory services

 

Related Party

 

(235)

 

(356)

 

(236)

Other Related parties

 

Advertising purchases

 

Related Party

 

(400)

 

(166)

 

(131)

Other Related parties

 

Other purchases

 

Related Party

 

(109)

 

(23)

 

(37)

 

 

 

 

 

 

(2,913)

 

(2,522)

 

(2,291)

 

(2)

Includes mainly operations with the following related parties through the Grupo Clarín S.A.: Arte Radiotelevisivo Argentino S.A., Arte Gráfico Editorial Argentino S.A., Unir S.A., Impripost S.A., Tele Red Imagen S.A., GC Gestión Compartida S.A. y Compañía De Medios Digitales S.A.