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PROPERTY, PLANT AND EQUIPMENT
12 Months Ended
Dec. 31, 2019
PROPERTY, PLANT AND EQUIPMENT  
PROPERTY, PLANT AND EQUIPMENT

NOTE 10 – PROPERTY, PLANT AND EQUIPMENT

 

 

 

 

 

 

 

 

As of December 31,

 

    

2019

    

2018

PP&E before allowances and impairment

 

248,305

 

232,302

Valuation allowance for obsolescence and impairment of materials

 

(1,506)

 

(554)

Impairment of PP&E

 

(802)

 

(512)

 

 

245,997

 

231,236

 

Movements in the valuation allowance for materials and impairment of materials are as follows:

 

 

 

 

 

 

 

 

Years ended December 31,

 

    

2019

    

2018

At the beginning of the year

 

(554)

 

(283)

Additions 

 

(952)

 

(271)

At the end of the year

 

(1,506)

 

(554)

 

Movements in the impairment of PP&E are as follows:

 

 

 

 

 

 

 

 

Years ended December 31,

 

    

2019

    

2018

At the beginning of the year

 

(512)

 

 —

Additions

 

(290)

 

(512)

At the end of the year

 

(802)

 

(512)

 

Details on the nature and movements as of December 31, 2019 are as follows:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Gross

 

 

 

 

 

 

 

 

 

Gross

 

 

value as

 

 

 

 

 

 

 

 

 

value as

 

 

of

 

 

 

Currency

 

 

 

 

 

of

 

 

December 31,

 

 

 

translation

 

Transfers and

 

 

 

December 31,

 

    

2018

    

CAPEX

    

adjustments

    

reclassifications

    

Decreases

    

2019

Real estate

 

35,015

 

21

 

(14)

 

1,059

 

(95)

 

35,986

Switching equipment

 

7,851

 

346

 

235

 

245

 

(22)

 

8,655

Fixed network and transportation

 

128,605

 

8,891

 

(264)

 

12,003

 

(7,149)

 

142,086

Mobile network access

 

25,664

 

17

 

98

 

5,656

 

(100)

 

31,335

Tower and pole

 

7,993

 

 —

 

20

 

1,080

 

(11)

 

9,082

Power equipment and Installations

 

9,861

 

41

 

33

 

1,297

 

(1)

 

11,231

Computer equipment

 

24,068

 

2,655

 

422

 

7,778

 

(68)

 

34,855

Goods lent to customers at no cost

 

11,513

 

10,498

 

117

 

 6

 

(6,454)

 

15,680

Vehicles

 

4,593

 

242

 

(4)

 

 —

 

(17)

 

4,814

Machinery, diverse equipment and tools

 

6,887

 

574

 

(18)

 

157

 

(1,461)

 

6,139

Other

 

1,327

 

 4

 

 —

 

77

 

(191)

 

1,217

Construction in progress

 

26,531

 

38,690

 

(66)

 

(29,358)

 

(88)

 

35,709

Materials

 

19,372

 

1,885

 

(102)

 

 —

 

37

 

21,192

Total

 

309,280

 

63,864

 

457

 

 —

 

(15,620)

 

357,981

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Accumulated

 

 

 

 

 

 

 

Accumulated

 

 

 

 

depreciation

 

 

 

 

 

 

 

depreciation

 

Net carrying

 

 

as of

 

 

 

Currency

 

Decrease

 

as of

 

value as of

 

 

December 31,

 

 

 

translation

 

and

 

December 31,

 

December 31,

 

    

2018

    

Depreciation

    

adjustments

    

reclassifications

    

2019

    

2019

Real estate

 

(3,428)

 

(1,474)

 

(1)

 

36

 

(4,867)

 

31,119

Switching equipment

 

(2,635)

 

(1,636)

 

(266)

 

14

 

(4,523)

 

4,132

Fixed network and transportation

 

(38,533)

 

(20,983)

 

17

 

7,142

 

(52,357)

 

89,729

Mobile network access

 

(5,020)

 

(5,161)

 

(175)

 

27

 

(10,329)

 

21,006

Tower and pole

 

(1,466)

 

(1,101)

 

(53)

 

 6

 

(2,614)

 

6,468

Power equipment and Installations

 

(1,875)

 

(1,651)

 

(56)

 

 —

 

(3,582)

 

7,649

Computer equipment

 

(11,945)

 

(6,092)

 

(475)

 

57

 

(18,455)

 

16,400

Goods lent to customers at no cost

 

(3,104)

 

(7,620)

 

(116)

 

6,453

 

(4,387)

 

11,293

Vehicles

 

(2,308)

 

(650)

 

 9

 

 3

 

(2,946)

 

1,868

Machinery, diverse equipment and tools

 

(6,057)

 

(385)

 

 5

 

1,461

 

(4,976)

 

1,163

Other

 

(607)

 

(224)

 

 —

 

191

 

(640)

 

577

Construction in progress

 

 —

 

 —

 

 —

 

 —

 

 —

 

35,709

Materials

 

 —

 

 —

 

 —

 

 —

 

 —

 

21,192

Total

 

(76,978)

 

(46,977)

 

(1,111)

 

15,390

 

(109,676)

 

248,305

 

Details on the nature and movements as of December 31, 2018 are as follows:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Gross

 

 

 

 

 

 

 

 

 

 

 

Gross

 

 

value as

 

 

 

 

 

 

 

 

 

 

 

value as

 

 

of

 

 

 

 

 

Currency

 

 

 

 

 

of

 

 

December 31,

 

Incorporation by

 

 

 

translation

 

Transfers and

 

 

 

December 31,

 

    

2017

    

merger

    

CAPEX

    

adjustments

    

reclassifications

    

Decreases

    

2018

Real estate

 

4,600

 

29,824

 

 9

 

259

 

337

 

(14)

 

35,015

Switching equipment

 

 —

 

5,692

 

343

 

1,228

 

591

 

(3)

 

7,851

Fixed network and transportation

 

54,883

 

46,910

 

8,320

 

1,036

 

23,363

 

(5,907)

 

128,605

Mobile network access

 

 6

 

17,410

 

18

 

1,287

 

7,423

 

(480)

 

25,664

Tower and pole

 

106

 

6,833

 

45

 

418

 

591

 

 —

 

7,993

Power equipment and Installations

 

 —

 

8,418

 

 —

 

358

 

1,085

 

 —

 

9,861

Computer equipment

 

7,333

 

9,636

 

1,781

 

1,923

 

3,401

 

(6)

 

24,068

Goods lent to customers at no cost

 

8,126

 

343

 

7,707

 

555

 

 6

 

(5,224)

 

11,513

Vehicles

 

2,272

 

1,826

 

578

 

31

 

 —

 

(114)

 

4,593

Machinery, diverse equipment and tools

 

6,070

 

348

 

298

 

20

 

151

 

 —

 

6,887

Other

 

398

 

728

 

 8

 

63

 

128

 

 2

 

1,327

Construction in progress

 

15,964

 

8,950

 

37,133

 

146

 

(35,604)

 

(58)

 

26,531

Materials

 

10,741

 

5,510

 

4,617

 

39

 

(1,472)

 

(63)

 

19,372

Total

 

110,499

 

142,428

 

60,857

 

7,363

 

 —

 

(11,867)

 

309,280

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Accumulated

 

 

 

 

 

 

 

 

 

Accumulated

 

 

 

 

depreciation

 

 

 

 

 

 

 

 

 

depreciation

 

Net carrying

 

 

as of

 

 

 

 

 

Currency

 

Decrease

 

as of

 

value as of

 

 

December 31,

 

 

 

 

 

translation

 

and

 

December 31,

 

December 31,

 

    

2017

 

 

    

Depreciation

    

adjustments

    

reclassifications

    

2018

    

2018

Real estate

 

(1,672)

 

 

 

(1,486)

 

(275)

 

 5

 

(3,428)

 

31,587

Switching equipment

 

 —

 

 

 

(1,588)

 

(1,047)

 

 —

 

(2,635)

 

5,216

Fixed network and transportation

 

(24,551)

 

 

 

(19,153)

 

(1,010)

 

6,181

 

(38,533)

 

90,072

Mobile network access

 

 —

 

 

 

(4,251)

 

(843)

 

74

 

(5,020)

 

20,644

Tower and pole

 

(22)

 

 

 

(1,221)

 

(223)

 

 —

 

(1,466)

 

6,527

Power equipment and Installations

 

 —

 

 

 

(1,634)

 

(241)

 

 —

 

(1,875)

 

7,986

Computer equipment

 

(4,354)

 

 

 

(5,860)

 

(1,736)

 

 5

 

(11,945)

 

12,123

Goods lent to customers at no cost

 

(1,898)

 

 

 

(5,978)

 

(454)

 

5,226

 

(3,104)

 

8,409

Vehicles

 

(1,669)

 

 

 

(658)

 

(32)

 

51

 

(2,308)

 

2,285

Machinery, diverse equipment and tools

 

(5,624)

 

 

 

(409)

 

(24)

 

 —

 

(6,057)

 

830

Other

 

(328)

 

 

 

(229)

 

(50)

 

 —

 

(607)

 

720

Construction in progress

 

 —

 

 

 

 —

 

 —

 

 —

 

 —

 

26,531

Materials

 

 —

 

 

 

 —

 

 —

 

 —

 

 —

 

19,372

Total

 

(40,118)

 

 

 

(42,467)

 

(5,935)

 

11,542

 

(76,978)

 

232,302