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OPERATING EXPENSES (Tables)
12 Months Ended
Dec. 31, 2024
OPERATING EXPENSES  
Schedule of operating expense main components

Years ended December 31, 

    

2024

    

2023

    

2022

Employee benefit expenses and severance payments

Profit (loss)

Salaries, social security expenses and benefits

(869,742)

(1,036,579)

(1,066,452)

Severance indemnities

(130,363)

(61,168)

(147,644)

Other employee expenses

(23,650)

(22,564)

(24,609)

(1,023,755)

(1,120,311)

(1,238,705)

Fees for services, maintenance, materials and supplies

Maintenance and materials

(307,654)

(292,186)

(313,277)

Fees for services

(238,361)

(267,553)

(282,069)

Directors and Supervisory Committee’s fees

(4,442)

(3,652)

(4,503)

(550,457)

(563,391)

(599,849)

Taxes and fees with the Regulatory Authority

Turnover tax

(168,872)

(170,237)

(182,839)

Regulatory Entity Fees

(84,586)

(85,017)

(94,816)

Municipal taxes

(41,201)

(45,567)

(51,971)

Other taxes and fees

(30,963)

(43,657)

(50,066)

(325,622)

(344,478)

(379,692)

Cost of equipment

Inventory balance at the beginning of the year

(71,636)

(47,048)

(45,421)

Plus:

Purchases

(207,360)

(291,420)

(255,879)

Others

13,719

24,945

20,025

Less:

Inventory balance at the end of the year

68,228

71,636

47,048

(197,049)

(241,887)

(234,227)

Other operating expenses

Profit (loss)

Legal Claims and contingent liabilities

(18,014)

(46,937)

(80,644)

Rentals and internet capacity

(29,146)

(26,212)

(28,211)

Energy, water and other services

(104,743)

(84,669)

(89,562)

Postage, freight and travel expenses

(29,051)

(32,891)

(34,801)

Other

(19,898)

(16,254)

(13,941)

(200,852)

(206,963)

(247,159)

Depreciation, amortization and impairment of Fixed Assets

Depreciation of PP&E

(998,031)

(1,185,795)

(1,348,046)

Amortization of intangible assets

(116,261)

(191,432)

(194,278)

Amortization of Rights of use assets

(198,158)

(156,150)

(147,487)

Impairment of Fixed Assets (*)

1,106

(683)

(1,669,121)

(1,311,344)

(1,534,060)

(3,358,932)

(*)In 2022 includes $(1,653,965) million corresponding to the impairment of goodwill of the CGU Telecom.

Schedule of operating expenses disclosed per function

    

Operating

    

Administration

    

Commercialization

Other

    

Total

    

Total

    

Total

Concept

costs

costs

costs

expenses

12.31.2024

12.31.2023

12.31.2022

Employee benefit expenses and severance payments

 

(550,132)

 

(212,588)

 

(261,035)

 

(1,023,755)

 

(1,120,311)

 

(1,238,705)

Interconnection costs and other telecommunication charges

 

(118,525)

 

 

 

(118,525)

 

(132,385)

 

(152,276)

Fees for services, maintenance, materials and supplies

 

(219,004)

 

(116,053)

 

(215,400)

 

(550,457)

 

(563,391)

 

(599,849)

Taxes and fees with the Regulatory Authority

 

(321,088)

 

(2,758)

 

(1,776)

 

(325,622)

 

(344,478)

 

(379,692)

Commissions and advertising

 

 

 

(232,226)

 

(232,226)

 

(262,627)

 

(299,503)

Cost of equipment

 

(197,049)

 

 

 

(197,049)

 

(241,887)

 

(234,227)

Programming and content costs

 

(239,016)

 

 

 

(239,016)

 

(252,980)

 

(310,185)

Bad debt expenses

 

 

 

(85,217)

 

(85,217)

 

(97,236)

 

(124,382)

Other operating expenses

 

(132,932)

 

(34,958)

 

(32,962)

 

(200,852)

 

(206,963)

 

(247,159)

Depreciation, amortization and impairment of Fixed Assets

 

(1,057,047)

 

(169,143)

 

(86,260)

1,106

 

(1,311,344)

 

(1,534,060)

 

(3,358,932)

Total as of 12.31.2024

 

(2,834,793)

(535,500)

(914,876)

1,106

(4,284,063)

Total as of 12.31.2023

 

(3,138,631)

 

(580,226)

 

(1,036,777)

(684)

 

 

(4,756,318)

 

Total as of 12.31.2022

 

(3,458,373)

 

(651,381)

 

(1,166,035)

(1,669,121)

 

 

 

(6,944,910)

Schedule of Future minimum lease payments on non cancellable operating lease agreements

    

Less than 

    

    

More than 5

    

1 year

15 years

years

Total

2024

6,318

9,405

5,108

20,831

2023

3,844

8,401

3,229

15,474

2022

4,427

902

5,329