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FINANCIAL RESULTS, NET (Details) - ARS ($) $ in Millions | 12 Months Ended
--- | ---
Dec. 31, 2020 | Dec. 31, 2019 | Dec. 31, 2018
Finance income and expenses |  |  |
Interests on financial debt | $ (14,368) | $ (14,628) | $ (9,115)
Foreign currency exchange losses on financial debt | (6,886) | (8,049) | (62,035)
Financial debt renegotiation results | (3,444) |  |
Total Debt financial expenses | (24,698) | (22,677) | (71,150)
Gains (losses) on operations with notes and bonds | 993 | (50) | 1,634
Risk of doubtful government bonds results | (58) | (3,497) |
Other exchange differences | 4,937 | 9,937 | 2,937
Other interests, net and other investments results | (1,355) | 1,453 | 2,710
Other taxes and bank expenses | (2,730) | (2,960) | (3,447)
Financial expenses on pension benefits | (236) | (182) | (151)
Financial discounts on assets, debts and other | (94) | 380 | 32
RECPAM | 5,598 | 10,345 | 28,071
Total other financial results, net | 7,055 | 15,426 | 31,786
Total Financial results, net | (17,643) | (7,251) | (39,364)
Decrease in financial assets at amortised cost | 666 |  |
Net losses generated by leases liabilities | (737) | (693) |
NDF |  |  |
Finance income and expenses |  |  |
Net (losses) gains generated by NDF related to interests on financial debt | (293) | 82 | 13
Net (losses) gains generated by NDF related to foreign currency exchange differences on financial debts | $ (1,523) | $ 972 | $ 2,338

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