ADDITIONAL INFORMATION OF FINANCIAL ASSETS AND LIABILITIES (Tables)

9 Months Ended

Sep. 30, 2025

ADDITIONAL INFORMATION OF FINANCIAL ASSETS AND LIABILITIES

Schedule of financial assets and liabilities denominated in foreign currencies


		09.30.25		12.31.24

		In equivalent millions of Argentine pesos
Assets		913,783		433,555
Liabilities		(5,346,866)		(3,205,208)
Net Liabilities		(4,433,083)		(2,771,653)

Schedule of offsetting of financial assets and financial liabilities


		As of September 30, 2025
		Trade		Other				Other
		receivables		receivables		Trade payables		liabilities
Current and non-current assets (liabilities) - Gross value		780,142		63,017		(982,072)		(22,125)
Offsetting		(2,392)		(4,498)		2,392		4,498
Current and non-current assets (liabilities) – Book value		777,750		58,519		(979,680)		(17,627)


		As of December 31, 2024
		Trade		Other				Other
		receivables		receivables		Trade payables		liabilities
Current and non-current assets (liabilities) - Gross value		381,583		28,573		(582,508)		(25,707)
Offsetting		(20,046)		(4,333)		20,046		4,333
Current and non-current assets (liabilities) – Book value		361,537		24,240		(562,462)		(21,374)

Schedule of financial assets and liabilities recognized at fair value and the level of hierarchy


As of September 30, 2025		Level 1		Level 2		Total
Assets
Current Assets
Mutual Funds ^{(1) (2)}		132,709		—		132,709
Government bonds^{(1) (2)}		288,341		—		288,341
Other receivables: Compensation received for company acquisitions⁽³⁾		—		1,274		1,274
Other receivables: DFI ⁽⁴⁾		—		1,529		1,529
Non-current Assets
Other receivables: Compensation received for company acquisitions ⁽³⁾		—		1,873		1,873
Total assets		421,050		4,676		425,726
Liabilities
Current Liabilities
Other liabilities: Debt for acquisition of NYSSA⁽³⁾		—		782		782
Total liabilities		—		782		782


As of December 31, 2024		Level 1		Level 2		Total
Assets
Current Assets
Mutual Funds ^{(1) (2)}		113,621		—		113,621
Government bonds ^{(1) (2)}		13,887		—		13,887
Other receivables: Compensation received for company acquisitions⁽³⁾		—		1,316		1,316
Non-current Assets
Other receivables: Compensation received for company acquisitions⁽³⁾		—		2,948		2,948
Total assets		127,508		4,264		131,772
Liabilities
Current Liabilities
Other liabilities: Debt for acquisition of NYSSA⁽³⁾		—		784		784
Non-current Liabilities
Other liabilities: Debt for acquisition of NYSSA ⁽³⁾		—		733		733
Total liabilities		—		1,517		1,517

(1)	The Mutual funds are included in Cash and cash equivalents, Investments and Guarantee of financial operations included in Other receivables. The Government bonds are included in Investments.

(2)	The fair value is based on information obtained from active markets and corresponds to quoted market prices as of period-end. A market in which transactions for the asset or liability take place with sufficient frequency and volume to provide pricing information on an ongoing basis.

(3)	The fair value was determined by the variation between the quoted values of certain public securities in foreign currency and Argentine pesos.

(4)	DFI for forward purchases of US dollars, calculated by the variation between the market prices at the end of the period and the time of agreement.

Schedule of fair value of financial debt


		Carrying Value		Fair Value

Notes		3,810,334		3,641,694
Other borrowings		1,310,590		1,332,463
		5,120,924		4,974,157