v3.25.4
DESCRIPTION OF BUSINESS AND BASIS OF PREPARATION OF THE CONSOLIDATED FINANCIAL STATEMENTS - Segment financial information of Consolidated Income Statement (Details) - ARS ($)
$ in Millions
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Segment financial information      
Revenues $ 5,046,460 $ 5,468,921 $ 6,030,998
Employee benefit expenses and severance payments (1,248,633) (1,366,399) (1,510,799)
Fees for services, maintenance, materials and supplies (671,370) (687,145) (731,612)
Taxes and fees with the Regulatory Authority (397,148) (420,146) (463,095)
Commissions and advertising (283,237) (320,316) (365,292)
Programming and content costs (291,518) (308,550) (378,320)
Other operating costs without depreciation, amortization and impairment of Fixed Assets (733,800) (827,504) (924,556)
Adjusted EBITDA 1,420,754 1,538,861 1,657,324
Depreciation, amortization and impairment of Fixed Assets (1,599,394) (1,871,032) (4,096,755)
Operating loss (178,640) (332,171) (2,439,431)
Losses from associates and joint ventures (13,994) (5,014) 6,773
Financial results from borrowings 1,775,302 (1,684,704) 246,010
Other financial results, net 176,574 460,325 266,606
Income (loss) before income tax 1,759,242 (1,561,564) (1,920,042)
Income tax benefit (expense) (499,029) 898,403 219,213
Attributable to:      
Controlling Company 1,234,786 (684,523) (1,718,966)
Non-controlling interest 25,427 21,362 18,137
Profit (loss) 1,260,213 (663,161) (1,700,829)
Eliminations      
Segment financial information      
Revenues (28,088) (25,900) (39,926)
Employee benefit expenses and severance payments     6,650
Fees for services, maintenance, materials and supplies 6,379 4,049 10,182
Commissions and advertising 3,850 2,023 761
Other operating costs without depreciation, amortization and impairment of Fixed Assets 17,859 19,828 22,333
Services rendered in Argentina | Restated for inflation      
Segment financial information      
Revenues 4,671,221 5,108,406 5,662,440
Employee benefit expenses and severance payments (1,211,838) (1,328,067) (1,489,071)
Fees for services, maintenance, materials and supplies (623,549) (647,933) (693,971)
Taxes and fees with the Regulatory Authority (380,914) (406,314) (449,654)
Commissions and advertising (193,708) (256,793) (302,846)
Programming and content costs (252,287) (267,746) (331,549)
Other operating costs without depreciation, amortization and impairment of Fixed Assets (678,481) (773,375) (872,774)
Adjusted EBITDA 1,330,444 1,428,178 1,522,575
Services rendered in Argentina | Amounts not adjusted for inflation      
Segment financial information      
Revenues 3,165,736 1,053,442 505,735
Employee benefit expenses and severance payments (823,975) (279,608) (135,282)
Fees for services, maintenance, materials and supplies (393,042) (131,861) (60,618)
Taxes and fees with the Regulatory Authority (258,519) (83,591) (40,156)
Commissions and advertising (133,932) (52,319) (27,422)
Programming and content costs (172,422) (55,317) (29,442)
Other operating costs without depreciation, amortization and impairment of Fixed Assets (429,466) (145,951) (75,866)
Adjusted EBITDA 954,380 304,795 136,949
Services rendered in Argentina | Inflation restatement      
Segment financial information      
Revenues 1,505,485 4,054,964 5,156,705
Employee benefit expenses and severance payments (387,863) (1,048,459) (1,353,789)
Fees for services, maintenance, materials and supplies (230,507) (516,072) (633,353)
Taxes and fees with the Regulatory Authority (122,395) (322,723) (409,498)
Commissions and advertising (59,776) (204,474) (275,424)
Programming and content costs (79,865) (212,429) (302,107)
Other operating costs without depreciation, amortization and impairment of Fixed Assets (249,015) (627,424) (796,908)
Adjusted EBITDA 376,064 1,123,383 1,385,626
Other abroad segments      
Segment financial information      
Revenues 266,915 81,877 36,650
Employee benefit expenses and severance payments (24,450) (8,277) (2,551)
Fees for services, maintenance, materials and supplies (35,839) (9,292) (4,365)
Taxes and fees with the Regulatory Authority (10,931) (2,968) (1,194)
Commissions and advertising (62,477) (13,346) (5,868)
Programming and content costs (25,570) (8,532) (4,285)
Other operating costs without depreciation, amortization and impairment of Fixed Assets (47,831) (15,714) (6,571)
Adjusted EBITDA 59,817 23,748 11,816
Other abroad segments | Restated for inflation      
Segment financial information      
Revenues 403,327 386,415 408,484
Employee benefit expenses and severance payments (36,795) (38,331) (28,378)
Fees for services, maintenance, materials and supplies (54,199) (43,260) (47,823)
Taxes and fees with the Regulatory Authority (16,234) (13,832) (13,441)
Commissions and advertising (93,380) (65,546) (63,206)
Programming and content costs (39,232) (40,804) (46,772)
Other operating costs without depreciation, amortization and impairment of Fixed Assets (73,178) (73,957) (74,115)
Adjusted EBITDA 90,309 110,685 134,749
Other abroad segments | Inflation restatement      
Segment financial information      
Revenues 136,412 304,538 371,834
Employee benefit expenses and severance payments (12,345) (30,054) (25,827)
Fees for services, maintenance, materials and supplies (18,360) (33,968) (43,458)
Taxes and fees with the Regulatory Authority (5,303) (10,864) (12,247)
Commissions and advertising (30,903) (52,200) (57,338)
Programming and content costs (13,662) (32,272) (42,487)
Other operating costs without depreciation, amortization and impairment of Fixed Assets (25,347) (58,243) (67,544)
Adjusted EBITDA $ 30,492 $ 86,937 $ 122,933