| PP&E |
NOTE 9 – PP&E | | | | | | | As of December 31, | | | 2024 | | 2023 | PP&E | | 5,337,858 | | 6,098,939 | Allowance for obsolescence and impairment of materials | | (39,346) | | (58,412) | Impairment allowance of PP&E | | (16,761) | | (6,585) | | | 5,281,751 | | 6,033,942 |
Details on the nature and movements of PP&E as of December 31, 2024 and 2023 are as follows: | | | | | | | | | | | | | | | | | | Gross | | | | | | | | | | | | | Gross | | | value as | | | | | | | | | | | | | value as | | | of | | Incorporation | | | | Currency | | | | | | | of | | | December 31, | | by acquisition | | | | translation | | Transfers and | | | | December 31, | | | 2023 | | (Note 28) | | CAPEX | | adjustments | | reclassifications | | Decreases | | 2024 | Real estate | | 1,200,326 | | 767 | | 59 | | (9,795) | | | (368) | | (654) | | 1,190,335 | Switching equipment | | 482,608 | | 4,336 | | 1,306 | | (32,936) | | | 605,694 | | (44) | | 1,060,964 | Fixed network and transportation | | 5,739,248 | | 79,654 | | 189,499 | | (74,509) | | | (249,499) | | (228,589) | | 5,455,804 | Mobile network access | | 1,337,263 | | — | | 36,430 | | (76,448) | | | 109,933 | | (52) | | 1,407,126 | Tower and pole | | 322,089 | | — | | — | | (11,755) | | | 5,486 | | — | | 315,820 | Power equipment and Installations | | 519,694 | | — | | 10,595 | | (29,286) | | | 33,076 | | — | | 534,079 | Computer equipment | | 2,178,452 | | 1,901 | | 119,421 | | (32,188) | | | 28,519 | | — | | 2,296,105 | Goods lent to customers at no cost | | 383,397 | | 10,472 | | 9,494 | | (13,056) | | | 67,679 | | (159,010) | | 298,976 | Vehicles | | 185,581 | | 1,034 | | 1,084 | | (2,061) | | | (1,610) | | (8,732) | | 175,296 | Machinery, diverse equipment and tools | | 229,047 | | 751 | | 1,240 | | (3,447) | | | 4,090 | | — | | 231,681 | Other | | 92,421 | | 587 | | 4,685 | | (2,223) | | | 921 | | (16) | | 96,375 | Construction in progress | | 423,538 | | 857 | | 123,965 | | (17,892) | | | (335,209) | | (984) | | 194,275 | Materials | | 570,102 | | 2,009 | | 142,471 | | (20,465) | | | (261,944) | | 874 | | 433,047 | Total | | 13,663,766 | | 102,368 | | 640,249 | | (326,061) | | | (*)6,768 | | (397,207) | | 13,689,883 |
(*)Includes $(4,902) million reclassified to Assets classified as held for sale (see Note 3.j), and $11,670 reclassified to impairment allowance of PP&E related to construction in progress. | | | | | | | | | | | | | | | | | | | | Accumulated | | | | | | | | | | | | | Accumulated | | | | | depreciation | | | | | | | | | | | | | depreciation | | Net carrying | | | as of | | Incorporation | | | | Currency | | | | | | as of | | value as of | | | December 31, | | by acquisition | | | | translation | | | | | | December 31, | | December 31, | | | 2023 | | (Note 28) | | Depreciation | | adjustments | | Reclassifications | | Decreases | | 2024 | | 2024 | Real estate | | (281,571) | | (118) | | (45,240) | | 5,173 | | | 2,221 | | 313 | | (319,222) | | 871,113 | Switching equipment | | (351,954) | | (2,845) | | (61,818) | | 12,955 | | | (443,605) | | 44 | | (847,223) | | 213,741 | Fixed network and transportation | | (3,376,863) | | (70,500) | | (519,632) | | 47,603 | | | 443,605 | | 228,589 | | (3,247,198) | | 2,208,606 | Mobile network access | | (915,064) | | — | | (121,493) | | 11,778 | | | 738 | | 52 | | (1,023,989) | | 383,137 | Tower and pole | | (157,437) | | — | | (19,748) | | 3,031 | | | (70) | | — | | (174,224) | | 141,596 | Power equipment and Installations | | (295,833) | | — | | (44,250) | | 8,657 | | | (59) | | — | | (331,485) | | 202,594 | Computer equipment | | (1,631,860) | | (1,745) | | (239,994) | | 19,056 | | | (226) | | — | | (1,854,769) | | 441,336 | Goods lent to customers at no cost | | (156,048) | | (9,422) | | (143,423) | | 4,057 | | | — | | 159,010 | | (145,826) | | 153,150 | Vehicles | | (145,394) | | (698) | | (6,051) | | 976 | | | 1,229 | | 8,562 | | (141,376) | | 33,920 | Machinery, diverse equipment and tools | | (196,493) | | (695) | | (6,264) | | 2,698 | | | (1,561) | | — | | (202,315) | | 29,366 | Other | | (56,310) | | (526) | | (9,345) | | 1,767 | | | — | | 16 | | (64,398) | | 31,977 | Construction in progress | | — | | — | | — | | — | | | — | | — | | — | | 194,275 | Materials | | — | | — | | — | | — | | | — | | — | | — | | 433,047 | Total | | (7,564,827) | | (86,549) | | (1,217,258) | | 117,751 | | (*) | 2,272 | | 396,586 | | (8,352,025) | | 5,337,858 |
(*)Reclassified to Assets classified as held for sale (see Note 3.j). | | | | | | | | | | | | | | | Gross | | | | | | | | | | Gross | | | value as | | | | | | | | | | value as | | | of | | | | Currency | | | | | | of | | | December 31, | | | | translation | | Transfers and | | | | December 31, | | | 2022 | | CAPEX | | adjustments | | reclassifications | | Decreases | | 2023 | Real estate | | 1,185,750 | | 1,193 | | (700) | | 14,701 | | (618) | | 1,200,326 | Switching equipment | | 443,252 | | 19,410 | | (5,084) | | 25,030 | | — | | 482,608 | Fixed network and transportation | | 5,592,069 | | 179,871 | | 31,344 | | 227,115 | | (291,151) | | 5,739,248 | Mobile network access | | 1,181,490 | | 5 | | 23,754 | | 132,154 | | (140) | | 1,337,263 | Tower and pole | | 311,076 | | — | | 2,370 | | 8,916 | | (273) | | 322,089 | Power equipment and Installations | | 477,066 | | 9,901 | | 10,604 | | 22,125 | | (2) | | 519,694 | Computer equipment | | 1,996,540 | | 161,056 | | (17,326) | | 38,206 | | (24) | | 2,178,452 | Goods lent to customers at no cost | | 540,942 | | 35,712 | | (3,349) | | 74,398 | | (264,306) | | 383,397 | Vehicles | | 180,166 | | 5,426 | | 584 | | — | | (595) | | 185,581 | Machinery, diverse equipment and tools | | 225,235 | | 2,831 | | (1,123) | | 2,104 | | — | | 229,047 | Other | | 83,233 | | 4,046 | | 1,004 | | 4,138 | | — | | 92,421 | Construction in progress | | 486,683 | | 174,354 | | 30,717 | | (267,815) | | (401) | | 423,538 | Materials | | 678,085 | | 163,772 | | 9,373 | | (281,072) | | (56) | | 570,102 | Total | | 13,381,587 | | 757,577 | | 82,168 | | — | | (557,566) | | 13,663,766 |
| | | | | | | | | | | | | | | Accumulated | | | | | | | | Accumulated | | | | | depreciation | | | | | | | | depreciation | | Net carrying | | | as of | | | | Currency | | Decrease | | as of | | value as of | | | December 31, | | | | translation | | and | | December 31, | | December 31, | | | 2022 | | Depreciation | | adjustments | | reclassifications | | 2023 | | 2023 | Real estate | | (238,584) | | (47,491) | | 4,069 | | 435 | | (281,571) | | 918,755 | Switching equipment | | (294,519) | | (74,221) | | 16,786 | | — | | (351,954) | | 130,654 | Fixed network and transportation | | (3,076,820) | | (577,957) | | (13,237) | | 291,151 | | (3,376,863) | | 2,362,385 | Mobile network access | | (775,415) | | (155,903) | | 16,148 | | 106 | | (915,064) | | 422,199 | Tower and pole | | (140,673) | | (20,934) | | 3,965 | | 205 | | (157,437) | | 164,652 | Power equipment and Installations | | (252,384) | | (47,659) | | 4,210 | | — | | (295,833) | | 223,861 | Computer equipment | | (1,368,985) | | (289,252) | | 26,353 | | 24 | | (1,631,860) | | 546,592 | Goods lent to customers at no cost | | (219,833) | | (208,534) | | 8,013 | | 264,306 | | (156,048) | | 227,349 | Vehicles | | (138,934) | | (7,294) | | 257 | | 577 | | (145,394) | | 40,187 | Machinery, diverse equipment and tools | | (192,537) | | (5,634) | | 1,678 | | — | | (196,493) | | 32,554 | Other | | (44,291) | | (11,388) | | (631) | | — | | (56,310) | | 36,111 | Construction in progress | | — | | — | | — | | — | | — | | 423,538 | Materials | | — | | — | | — | | — | | — | | 570,102 | Total | | (6,742,975) | | (1,446,267) | | 67,611 | | 556,804 | | (7,564,827) | | 6,098,939 |
Movements in the allowance for obsolescence and impairment of materials are as follows: | | | | | | | Years ended December 31, | | | 2024 | | 2023 | At the beginning of the year | | (58,412) | | (75,112) | Uses | | 18,313 | | 17,190 | Currency translation adjustments | | 753 | | (490) | At the end of the year | | (39,346) | | (58,412) |
Movements in the accumulated impairment of others PP&E are as follows: | | | | | | | Years ended December 31, | | | 2024 | | 2023 | At the beginning of the year | | (6,585) | | (6,380) | (Increases) | | — | | (205) | Reclasifications | | (11,670) | | — | Uses | | 1,494 | | — | At the end of the year | | (16,761) | | (6,585) |
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