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RIGHT OF USE ASSETS
12 Months Ended
Dec. 31, 2024
RIGHT OF USE ASSETS  
RIGHT OF USE ASSETS

NOTE 11 – RIGHT OF USE ASSETS

Details on the nature and movements of Right of use assets as of December 31, 2024 and 2023 are as follows:

    

Gross value as of

    

    

    

December 31, 

Currency translation

Gross value as of

2023

    

Increases

adjustments

Decreases

December 31, 2024

Leases rights of use

 

- Sites

 

640,426

155,476

 

(32,211)

 

(682)

 

763,009

- Real estate and others

151,593

32,948

(6,652)

(3,146)

174,743

- Poles

100,012

27,308

(3,425)

(4)

123,891

Indefeasible right of use

25,607

(1,339)

24,268

Asset Retirement Obligation

 

92,229

21,566

 

(584)

 

(24,523)

 

88,688

Total

 

1,009,867

237,298

 

(44,211)

 

(28,355)

 

1,174,599

    

Accumulated

    

    

    

Accumulated

    

Net carrying

amortization as of

Currency

amortization as

value as of

December 31, 

translation

of December 31,

December 31,

2023

    

Amortization

    

adjustments

    

Decreases

2024

2024

Leases rights of use

 

 

- Sites

 

(340,635)

(116,631)

19,185

(35)

(438,116)

 

324,893

- Real estate and others

(105,436)

(31,286)

4,510

3,089

(129,123)

45,620

- Poles

(68,141)

(23,950)

2,486

4

(89,601)

34,290

Indefeasible right of use

(15,801)

(2,002)

1,067

(16,736)

7,532

Asset Retirement Obligation

 

(10,156)

(24,289)

 

584

 

24,157

 

(9,704)

 

78,984

Total

 

(540,169)

(198,158)

 

27,832

 

27,215

 

(683,280)

 

491,319

    

Gross value as of

    

    

    

December 31, 

Currency translation

Gross value as of

2022

Increases

    

adjustments

Decreases

December 31, 2023

Leases rights of use

- Sites

 

511,353

 

107,240

22,828

 

(995)

 

640,426

- Real estate and others

128,110

18,699

6,169

(1,385)

151,593

- Poles

67,086

30,511

2,467

(52)

100,012

Indefeasible right of use

24,644

963

25,607

Asset Retirement Obligation

 

67,263

 

29,997

507

 

(5,538)

 

92,229

Total

 

798,456

186,447

32,934

 

(7,970)

 

1,009,867

    

Accumulated

    

    

    

    

Accumulated

    

Net carrying

amortization as of

amortization as

value as of

December 31, 

Currency translation

 of December 31,

December 31,

2022

Amortization

adjustments

Decreases

2023

2023

Leases rights of use

 

- Sites

(230,673)

(97,238)

(13,560)

836

(340,635)

299,791

- Real estate and others

(75,455)

(28,065)

(3,190)

1,274

(105,436)

46,157

- Poles

(46,011)

(20,357)

(1,790)

17

(68,141)

31,871

Indefeasible right of use

(12,950)

(2,082)

(769)

(15,801)

9,806

Asset Retirement Obligation

 

(6,605)

 

(8,408)

 

(507)

 

5,364

 

(10,156)

 

82,073

Total

 

(371,694)

 

(156,150)

 

(19,816)

 

7,491

 

(540,169)

 

469,698