XML 74 R48.htm IDEA: XBRL DOCUMENT
v3.21.1

5 Financial risk management (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2020
Financial Risk Management |
Schedule of balances in foreign currency | As of December 31, 2020 and 2019, the Company’s balances in foreign currency are as follow:
|  | Currency |  | Amount in foreign currency |  | Exchange rate (1) |  | Total 12.31.20 |  | Total 12.31.19
ASSETS |  |  |  |  |  |  |  |  |  |
CURRENT ASSETS |  |  |  |  |  |  |  |  |  |
Other receivables |  | USD |  | 6 |  | 84.150 |  | 505 |  | 82
|  | JPY |  | 55 |  | 0.816 |  | 45 |  | -
Financial assets at fair value through profit or loss |  | USD |  | - |  | 84.150 |  | - |  | 3,798
Cash and cash equivalents |  | USD |  | 17 |  | 84.150 |  | 1,431 |  | 164
|  | EUR |  | - |  | 103.530 |  | - |  | 1
TOTAL CURRENT ASSETS |  |  |  |  |  |  |  | 1,981 |  | 4,045
TOTAL ASSETS |  |  |  |  |  |  |  | 1,981 |  | 4,045
LIABILITIES |  |  |  |  |  |  |  |  |  |
NON-CURRENT LIABILITIES |  |  |  |  |  |  |  |  |  |
Borrowings |  | USD |  | 98 |  | 84.150 |  | 8,261 |  | 11,159
TOTAL NON-CURRENT LIABILITIES |  |  |  |  |  |  |  | 8,261 |  | 11,159
CURRENT LIABILITIES |  |  |  |  |  |  |  |  |  |
Trade payables |  | USD |  | 11 |  | 84.150 |  | 962 |  | 738
|  | EUR |  | - |  | 103.530 |  | - |  | 39
|  | CHF |  | - |  | 95.413 |  | - |  | 21
|  | NOK |  | - |  | 8.211 |  | - |  | 1
Borrowings |  | USD |  | 2 |  | 84.150 |  | 143 |  | 2,259
Other payables |  | USD |  | 9 |  | 84.150 |  | 757 |  | 739
TOTAL CURRENT LIABILITIES |  |  |  |  |  |  |  | 1,862 |  | 3,797
TOTAL LIABILITIES |  |  |  |  |  |  |  | 10,123 |  | 14,956
| (1) | The exchange rates used are the BNA exchange rates in effect as of December 31, 2020 for US Dollars (USD), Euros (EUR), Swiss Francs (CHF), Norwegian Krones (NOK) and Japanese Yens (JPY).
Schedule of exposure to currency risk | The table below shows the Company’s exposure to currency risk resulting from the financial assets and liabilities denominated in a currency other than the Company’s functional currency.
|  | 12.31.20 |  | 12.31.19
Net position |  |  |  |
US dollar |  | (8,187) |  | (10,851)
Japanese Yen |  | 45 |  | -
Euro |  | - |  | (38)
Norwegian krone |  | - |  | (1)
Swiss franc |  | - |  | (21)
Total |  | (8,142) |  | (10,911)
Schedule of decrease in results of operations | The Company estimates that a 10% devaluation of the Argentine peso with respect to each foreign currency, with all other variables held constant, would give rise to the following decrease in the (loss) profit for the year:
|  | 12.31.20 |  | 12.31.19
Net position |  |  |  |
US dollar |  | (819) |  | (1,085)
Euro |  | - |  | (4)
Swiss franc |  | - |  | (2)
Decrease in the results of operations for the year |  | (819) |  | (1,091)
Schedule of loans according to rate and currency | The table below shows the breakdown of the Company’s loans according to interest rate and the currency in which they are denominated:
|  | 12.31.20 |  | 12.31.19
Fixed rate: |  |  |  |
US dollar |  | 8,404 |  | 11,355
Floating rate: |  |  |  |
US dollar |  | - |  | 2,063
Subtotal loans at floating rates |  | - |  | 2,063
Total loans |  | 8,404 |  | 13,418
Based on the simulations performed, a 1% increase in floating interest rates, with all other variables held constant, would give rise to the following decrease in the (loss) profit for the year:
|  | 12.31.20 |  | 12.31.19
Floating rate: |  |  |  |
US dollar |  | - |  | (4)
Decrease in the results of operations for the year |  | - |  | (4)
Based on the simulations performed, a 1% decrease in floating interest rates, with all other variables held constant, would give rise to the following increase in the (loss) profit for the year:
|  | 12.31.20 |  | 12.31.19
Floating rate: |  |  |  |
US dollar |  | - |  | 4
Increase in the results of operations for the year |  | - |  | 4
Schedule of analysis of non-derivative financial liabilities | The amounts disclosed in the table are the contractual undiscounted cash flows.
|  | No deadline |  | Less than 3 months |  | From 1 to 2 years |  | From 2 to 5 years |  | More than 5 years
As of December 31, 2020 |  |  |  |  |  |  |  |  |  |
Trade and other payables |  | 18,169 |  | 19,908 |  | 200 |  | 8,856 |  | -
Borrowings |  | - |  | - |  | 8,261 |  | - |  | -
Total |  | 18,169 |  | 19,908 |  | 8,461 |  | 8,856 |  | -
As of December 31, 2019 |  |  |  |  |  |  |  |  |  |
Trade and other payables |  | 1,045 |  | 21,746 |  | 284 |  | 6,809 |  | 290
Borrowings |  | - |  | - |  | - |  | 11,159 |  | -
Total |  | 1,045 |  | 21,746 |  | 284 |  | 17,968 |  | 290
Schedule of gearing ratios | The gearing ratios at December 31, 2020 and 2019 were as follow:
|  | 12.31.20 |  | 12.31.19
Total liabilities |  | 85,898 |  | 82,113
Less: Cash and cash equivalents and Financial assets at fair value through profit or loss |  | (6,584) |  | (4,356)
Net debt |  | 79,314 |  | 77,757
Total Equity |  | 62,898 |  | 80,520
Total capital attributable to owners |  | 142,212 |  | 158,277
Gearing ratio |  | 55.77% |  | 49.13%
Schedule of financial assets and liabilities measured at fair value | The table below shows the Company’s financial assets and liabilities measured at fair value as of December 31, 2020 and 2019:
|  | LEVEL 1 |  | LEVEL 2 |  |  | TOTAL
At December 31, 2020 |  |  |  |  |  |  |
Assets |  |  |  |  |  |  |
Financial assets at fair value through profit or loss: |  |  |  |  |  |  |
Government bonds |  | 2,222 |  | - |  |  | 2,222
Cash and cash equivalents: |  |  |  |  |  |  |
Money market funds |  | 2,724 |  | - |  |  | 2,724
Total assets |  | 4,946 |  | - |  |  | 4,946
Liabilities |  |  |  |  |  |  |
Derivative financial instruments |  | - |  | 1 |  |  | 1
Total liabilities |  | - |  | 1 |  |  | 1
At December 31, 2019 |  |  |  |  |  |  |
Assets |  |  |  |  |  |  |
Financial assets at fair value through profit or loss: |  |  |  |  |  |  |
Money market funds |  | 3,798 |  | - |  |  | 3,798
Cash and cash equivalents |  |  |  |  |  |  |
Money market funds |  | 340 |  | - |  |  | 340
Total assets |  | 4,138 |  | - |  |  | 4,138
Liabilities |  |  |  |  |  |  |
Derivative financial instruments |  | - |  | 279 |  |  | 279
Total liabilities |  | - |  | 279 |  |  | 279

X
- References No definition available. + Details
Name: | edn_FinancialRiskManagementAbstract
Namespace Prefix: | edn_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The disclosure of analysis of nonderivatives financial liabilities. + References No definition available. + Details
Name: | edn_SummaryOfAnalysisOfNonderivativeFinancialLiabilitiesTableTextBlock
Namespace Prefix: | edn_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition The disclosure of balance in foreign currency. + References No definition available. + Details
Name: | edn_SummaryOfBalancesInForeignCurrencyTableTextBlock
Namespace Prefix: | edn_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition The disclosure of decrease in results of operations. + References No definition available. + Details
Name: | edn_SummaryOfDecreaseInResultsOfOperationsTableTextBlock
Namespace Prefix: | edn_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition The disclosure of exposure to currency. + References No definition available. + Details
Name: | edn_SummaryOfExposureToCurrencyRiskTableTextBlock
Namespace Prefix: | edn_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition The disclosure of financial assets and liabilities measured at fair value. + References No definition available. + Details
Name: | edn_SummaryOfFinancialAssetsMeasuredAtFairValueTableTextBlock
Namespace Prefix: | edn_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition The disclosure of gearing ratios. + References No definition available. + Details
Name: | edn_SummaryOfGearingRatiosTableTextBlock
Namespace Prefix: | edn_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition The disclosure of summary of loans rate and currency. + References No definition available. + Details
Name: | edn_SummaryOfLoansRateAndCurrencyTableTextBlock
Namespace Prefix: | edn_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration