| PP&E |
NOTE 4 – PP&E | | | | | | | September 30, | | December 31, | | | 2025 | | 2024 | PP&E | | 6,056,153 | | 5,337,858 | Allowance for obsolescence and impairment of materials | | (41,675) | | (39,346) | Accumulated impairment of others PP&E | | (16,323) | | (16,761) | | | 5,998,155 | | 5,281,751 |
Movements in PP&E (without allowance for obsolescence and impairment of materials and accumulated impairment of others PP&E) are as follows: | | | | | | | September 30, | | | 2025 | | 2024 | At the beginning of the year | | 5,337,858 | | 6,098,937 | Acquisitions through business combination (*) | | 929,420 | | 26,706 | CAPEX | | 761,169 | | 452,328 | Currency translation adjustments | | 60,060 | | (202,334) | Net carrying value of decreases | | (11,646) | | (647) | Reclassified to Assets classified as held for sale (**) | | (2,792) | | (2,631) | Depreciation of the period | | (1,017,916) | | (933,214) | At the end of the period | | 6,056,153 | | 5,439,145 |
(*) For September 30, 2025, it corresponds to the acquisition of TMA (see Note 16). For September 30, 2024, it corresponds to the acquisition of Naperville. (**) Corresponds to properties that the Company has considered available for sale and meet the requirements of IFRS 5 for their classification. Movements in the allowance for obsolescence and impairment of materials are as follows: | | | | | | | September 30, | | | 2025 | | 2024 | At the beginning of the year | | (39,346) | | (58,412) | (Increases) / Decreases | | (2,103) | | 8,541 | Currency translation adjustments | | (226) | | 650 | At the end of the period | | (41,675) | | (49,221) |
Movements in the accumulated impairment of others PP&E are as follows: | | | | | | | September 30, | | | 2025 | | 2024 | At the beginning of the year | | (16,761) | | (6,585) | Decreases | | 438 | | 1,423 | At the end of the period | | (16,323) | | (5,162) |
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