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BUSINESS COMBINATIONS | 12 Months Ended
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Dec. 31, 2019
BUSINESS COMBINATIONS |
BUSINESS COMBINATIONS | 29. BUSINESS COMBINATIONS
| - |  | FUTUROS DEL SUR S.A.
On December 18, 2019, the Group acquired 100% of the capital stock of Futuros del Sur S.A. for a total price of 6,964. Futuros del Sur main activity is to be negotiation agent. The amounts recognized as of the date of acquisition for each main class of assets acquired and liabilities assumed are:
|  | Fair Value
Cash and banks deposits |  | 2,618
Other financial assets |  | 651
Other assests |  | 54
Miscellaneous obligations |  | (125)
Net identifiable assets acquired |  | 3,198
Consideration of the acquisition: |  |
- Amount paid net of expenses |  | 6,964
Net cash flow used - investment activities |  | 6,964
Goodwill by business combination |  | 3,766
The goodwill will not be deductible for tax purposes.

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- Definition The entire disclosure for business combinations. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 3 -IssueDate 2019-01-01 -Section Disclosures -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=3&code=ifrs-tx-2019-en-r&doctype=Standard&dita_xref=IFRS03_g59-63_TI -URIDate 2019-03-27 + Details
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