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26 Trade payables

12 Months Ended

Dec. 31, 2020

Trade Payables

Trade payables

Note 26 | Trade payables

	Note		12.31.20		12.31.19
Non-current
Customer guarantees			274		290
Customer contributions			247		213
Total non-current			521		503
Current
Payables for purchase of electricity - CAMMESA	2.b		21,384		5,945
Provision for unbilled electricity purchases - CAMMESA	2.b		6,644		6,722
Suppliers			4,560		4,140
Advance to customer			362		388
Customer contributions			32		42
Discounts to customers			37		51
Total current			33,019		17,288

The fair values of non-current customer contributions as of December 31, 2020 and 2019 amount to $ 42.8 million and $ 61.4 million, respectively. The fair values are determined based on estimated discounted cash flows in accordance with a representative market rate for this type of transactions. The applicable fair value category is Level 3.

The value of the rest of the financial liabilities included in the Company’s trade payables approximates their fair value

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- References

No definition available.

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- Definition

The disclosure of trade and other payables. [Refer: Trade and other payables]

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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-IssueDate 2020-01-01
-Paragraph 10
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