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SIGNIFICANT ACCOUNTING POLICIES (Tables)
12 Months Ended
Dec. 31, 2019
SIGNIFICANT ACCOUNTING POLICIES  
Schedule of depreciation and estimated useful lives of property, plant and equipment

 

 

 

 

 

Estimated Useful

 

    

Life (in years)

Real Estate

 

50

Fixed Network and Transportation

 

5 – 10

Mobile Network Access

 

3 – 7

Tower and Pole

 

10 – 20

Switching Equipment

 

5 – 7

Computer Equipment

 

3 – 5

Vehicles

 

5

Goods lent to customers at no cost

 

2 – 4

Power Equipment and Installations

 

2 – 12

Machinery, diverse equipment and tools

 

5 – 10

 

Schedule of assumptions used in determining expense and benefit obligations

 

 

 

 

 

 

 

 

 

 

    

             2019          

    

          2018          

    

2017

 

Discount Rate (1)

 

6.4% - 15.0

%  

6.4 %-15.2

%  

4.6 % - 9.2

%

Projected increase rate in compensation 

 

10.0% - 48.3

%  

10.0 %-31.2

%  

8.0 % - 16.3

%


1)Represents estimates of real interest rate rather than nominal rate.

Schedule of composition of Rights of use assets net carrying value, valued at amortized cost

 

 

 

 

 

 

 

    

January 1, 2019 

    

December 31, 2019

 

 

 

 

 

Poles

 

466

 

216

Real estate and other

 

1,147

 

1,471

Sites and other

 

4,880

 

6,613

Occupation fee

 

397

 

350

Asset Retirement Obligation

 

247

 

253

Indefeasible rights of use

 

626

 

541

At the end of the period (1)

 

7,763

 

9,444

 

(1) Includes $1,160 and $1,013 corresponding to Núcleo as of January 1, 2019 and December 31, 2019, respectively.