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LEASE LIABILITIES
12 Months Ended
Dec. 31, 2023
LEASES LIABILITIES  
LEASES LIABILITIES

NOTE 17 – LEASES LIABILITIES

As of December 31, 

Current

    

2023

    

2022

Argentina

 

26,981

 

27,958

Abroad

 

1,755

 

698

 

28,736

 

28,656

Non- current

 

 

Argentina

 

45,331

 

53,518

Abroad

 

14,578

 

7,813

 

59,909

 

61,331

Total lease liabilities

 

88,645

 

89,987

Movements in the lease liabilities are as follows:

Years ended

December 31,

    

2023

    

2022

Balances at the beginning of the year

 

89,987

 

114,742

Incorporate by acquisition

 

 

125

Increases (*)

71,844

58,999

Financial results, net (**)

 

39,901

 

23,946

Payments

 

(44,192)

 

(47,521)

Decreases (included RECPAM and currency translation adjustments)

 

(68,895)

 

(60,304)

At the end of the year

 

88,645

 

89,987

(*)Included in acquisitions of Rights of use.

(**)Included in Other foreign currency exchange gains (losses) and Other interests, net.