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CONSOLIDATED STATEMENTS OF CASH FLOWS - ARS ($)
$ in Millions
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
CASH FLOWS FROM (USED IN) OPERATING ACTIVITIES      
Net (loss) income for the year $ (3,888) $ 8,516 $ 15,167
Adjustments to reconcile net income to net cash flows provided by operating activities      
Allowances deducted from assets 9,963 5,572 1,344
Depreciation of property, plant and equipment 46,977 42,467 14,911
Amortization of intangible assets 8,269 8,181 163
Amortization of rights of use assets 3,479 150 8
Earnings from associates 187 (363) (543)
Impairment of fixed assets 2,564 3,216  
Disposals of PP&E and consumption of materials 268 891 2,595
Financial results and others 16,704 22,564 3,599
Income tax (benefit) expense 14,170 (4,366) 8,486
Income tax paid (1,744) (9,130) (6,715)
Net (increase) decrease in assets 3,840 (7,687) (1,711)
Net decrease in liabilities (18,856) (18,312) (2,208)
Total cash flows provided by operating activities 81,933 51,699 35,096
CASH FLOWS FROM (USED IN) INVESTING ACTIVITIES      
Property, plant and equipment acquisitions (49,170) (47,477) (29,408)
Intangible asset acquisitions (1,628) (4,471) (1,241)
Acquisition in shareholdings (61) (375) (51)
Proceeds from dividends 185 86 229
Cash incorporated by the merger   6,430 605
Proceeds from the sale of property, plant and equipment and intangible assets 102 9 20
Investments not considered as cash and cash equivalents 5,782 11,072 3,795
Total cash flows used in investing activities (44,790) (34,726) (26,051)
CASH FLOWS FROM (USED IN) FINANCING ACTIVITIES      
Proceeds from financial debt 58,507 42,719 1,945
Payment of financial debt (36,503) (6,941) (2,497)
Payment of interests and related expenses (7,893) (5,729) (1,987)
Payments of leases liabilities (3,626)    
Payment of cash dividends (35,528) (52,339) (4,014)
Total cash flows used in financing activities (25,043) (22,290) (6,553)
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS 12,100 (5,317) 2,492
CASH AND CASH EQUIVALENTS AT THE BEGINNING OF THE YEAR 10,601 10,026 7,446
NET FOREIGN EXCHANGE DIFFERENCES AND RECPAM ON CASH AND CASH EQUIVALENTS 2,881 5,892 88
CASH AND CASH EQUIVALENTS AT THE END OF THE YEAR $ 25,582 $ 10,601 $ 10,026