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FINANCIAL RESULTS, NET | 12 Months Ended
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Dec. 31, 2021
FINANCIAL RESULTS, NET |
FINANCIAL RESULTS, NET | NOTE 25 – FINANCIAL RESULTS, NET ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Years ended December 31,
​ |  | 2021 |  | 2020 |  | 2019
​ | ​ | Profit (loss)
Interests on financial debt (*) | ​ | (15,941) | ​ | (21,687) | ​ | (22,080)
Foreign currency exchange effect on financial debts (**) | ​ | 46,793 | ​ | (10,395) | ​ | (12,149)
Financial debt renegotiation results | ​ | (2,152) | ​ | (5,198) | ​ | —
Total Debt financial expenses | ​ | 28,700 | ​ | (37,280) | ​ | (34,229)
Gains (losses) on operations with notes and bonds (***) | ​ | 1,420 | ​ | 1,411 | ​ | (5,353)
Other exchange differences | ​ | 6,947 | ​ | 7,452 | ​ | 14,998
Other interests, net and other investments results | ​ | (1,638) | ​ | (1,097) | ​ | 3,175
Other taxes and bank expenses | ​ | (4,278) | ​ | (4,121) | ​ | (4,468)
Financial expenses on pension benefits | ​ | (225) | ​ | (356) | ​ | (275)
Financial discounts on assets, debts and others | ​ | (2,440) | ​ | (1,090) | ​ | (408)
RECPAM | ​ | 17,163 | ​ | 8,450 | ​ | 15,615
Total other financial results, net | ​ | 16,949 | ​ | 10,649 | ​ | 23,284
Total financial results, net | ​ | 45,649 | ​ | (26,631) | ​ | (10,945)
(*) Includes ($378), ($443) and $124 corresponding to net (loss) gains generated by DFI in the years ended December 31, 2021, 2020 and 2019, respectively. (**) Includes ($1,831), ( $2,299) and $1,467 corresponding to net (loss) gains generated by DFI in the years ended December 31, 2021, 2020 and 2019, respectively. (***) Includes $110 and $1,005 corresponding to the result related to the decrease in financial assets at amortized cost in the year ended December 31, 2021 and 2020.

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