XML 61 R3.htm IDEA: XBRL DOCUMENT v3.20.1
CONSOLIDATED INCOME STATEMENTS - ARS ($)
$ in Millions
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
CONSOLIDATED INCOME STATEMENTS      
Revenues $ 237,024 $ 258,518 $ 102,531
Employee benefit expenses and severance payments (46,531) (45,773) (17,945)
Interconnection and transmission costs (7,520) (8,500) (2,017)
Fees for services, maintenance, materials and supplies (26,607) (25,468) (11,159)
Taxes and fees with the Regulatory Authority (18,385) (20,936) (7,475)
Commissions and advertising (14,612) (17,245) (5,678)
Cost of equipment and handsets (10,749) (14,871) (758)
Programming and content costs (18,031) (18,700) (14,024)
Bad debt expenses (6,331) (5,426) (1,386)
Other operating expenses (11,174) (14,884) (4,994)
Depreciation, amortization and impairment of fixed assets (61,289) (54,014) (15,082)
Operating income 15,795 32,701 22,013
Earnings from associates (187) 363 543
Debt financial expenses (16,657) (52,262) (334)
Other financial results, net 11,331 23,348 1,431
Income before income tax (expense) benefit 10,282 4,150 23,653
Income tax (expense) benefit (14,170) 4,366 (8,486)
Net (loss) income for the year (3,888) 8,516 15,167
Attributable to:      
Controlling Company (4,396) 8,145 14,969
Non-controlling interest $ 508 $ 371 $ 198
(Loss) earnings per share attributable to Controlling Company      
Basic and diluted $ (2.04) $ 3.78 $ 12.64