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TRADE RECEIVABLES
12 Months Ended
Dec. 31, 2019
TRADE RECEIVABLES  
TRADE RECEIVABLES

NOTE 6 – TRADE RECEIVABLES

 

 

 

 

 

 

 

 

As of December 31,

Current Trade receivables

    

2019

    

2018

Ordinary receivables

 

21,460

 

30,635

Contractual asset IFRS 15

 

121

 

95

Companies under section 33 - Law No. 19,550 and related parties (Note 29.c)

 

136

 

142

Allowance for doubtful accounts

 

(4,752)

 

(4,082)

 

 

16,965

 

26,790

Non-current trade receivables

 

  

 

  

Ordinary receivables

 

53

 

58

Contractual asset IFRS 15

 

30

 

36

 

 

83

 

94

Total trade receivables, net

 

17,048

 

26,884

 

Movements in the allowance for current doubtful accounts are as follows:

 

 

 

 

 

 

 

 

Years ended December 31,

 

    

2019

    

2018

At the beginning of the fiscal year

 

(4,082)

 

(1,097)

IFRS 9 retained earnings adjustment

 

 —

 

(377)

Additions - Bad debt expenses

 

(6,331)

 

(5,426)

Uses and Currency translation adjustments (includes RECPAM)

 

5,661

 

2,818

At the end of the year

 

(4,752)

 

(4,082)