​

  ​ ​ ​

Debt

  ​ ​ ​

​

  ​ ​ ​

​

  ​ ​ ​

​

  ​ ​ ​

​

  ​ ​ ​

​

​

​

securities

​

Loans and

​

Lease

​

​

​

Derivative

​

​

​

​

issued

​

Borrowings

​

liabilities

​

Total

​

Instruments, net

​

Total

Balance at 1 January 2025

(48,584,119)

​

(81,676,962)

​

(6,312,314)

​

(136,573,395)

​

2,025,749

​

(134,547,646)

Cash inflows

(51,166,565)

​

(90,940,793)

​

—

​

(142,107,358)

​

(9,747,641)

​

(151,854,999)

Cash outflows

39,644,427

​

101,680,015

​

9,036,861

​

150,361,303

​

9,136,039

​

159,497,342

Other non-cash movements

​

(22,421,049)

​

(24,976,749)

​

(20,804,246)

​

(68,202,044)

​

(902,500)

​

(69,104,544)

Inflation adjustment

​

14,660,439

​

20,616,547

​

2,595,382

​

37,872,368

​

(265,013)

​

37,607,355

Balance at 31 December 2025

(67,866,867)

​

(75,297,942)

​

(15,484,317)

​

(158,649,126)

​

246,634

​

(158,402,492)

​

  ​ ​ ​

Debt

  ​ ​ ​

​

  ​ ​ ​

​

  ​ ​ ​

​

  ​ ​ ​

​

  ​ ​ ​

​

​

​

securities

​

​

​

Lease

​

​

​

Derivative

​

​

​

​

issued

​

Loans

​

liabilities

​

Total

​

Instruments, net

​

Total

Balance at 1 January 2024

(60,224,298)

​

(94,090,986)

​

(4,587,673)

​

(158,902,957)

​

3,194,522

​

(155,708,435)

Cash inflows

(19,464,996)

​

(64,290,665)

​

—

​

(83,755,661)

​

7,091,034

​

(76,664,627)

Cash outflows

25,859,125

​

65,650,854

​

6,576,587

​

98,086,566

​

(7,580,966)

​

90,505,600

Other non-cash movements

​

(14,210,421)

​

(20,107,978)

​

(10,121,595)

​

(44,439,994)

​

404,611

​

(44,035,383)

Inflation adjustment

​

19,456,471

​

31,161,813

​

1,820,367

​

52,438,651

​

(1,083,452)

​

51,355,199

Balance at 31 December 2024

(48,584,119)

​

(81,676,962)

​

(6,312,314)

​

(136,573,395)

​

2,025,749

​

(134,547,646)