v3.26.1
Goodwill and other intangible assets
12 Months Ended
Dec. 31, 2025
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Goodwill and other intangible assets
Note 13. Goodwill and other intangible assets
Below are the changes in goodwill and other intangible assets for the year ended December 31, 2025:
 
    
Goodwill
    
Other
intangible assets
 
Cost
     
Amounts as of December 31, 2024
  
 
22,576
 
  
 
35,724
 
Additions
  
 
— 
 
     11,720  
Impairment of long-lived assets
(1)
  
 
— 
 
     (365 ) 
  
 
 
    
 
 
 
Amounts as of December 31, 2025
  
 
22,576
 
  
 
47,079
 
  
 
 
    
 
 
 
Accumulated amortization
     
Amounts as of December 31, 2024
  
 
— 
 
  
 
(20,281
) 
Amortization
  
 
— 
 
     (8,655 ) 
Impairment of long-lived assets
(1)
  
 
— 
 
     342  
  
 
 
    
 
 
 
Amounts as of December 31, 2025
  
 
— 
 
  
 
(28,594
) 
  
 
 
    
 
 
 
Net value
     
  
 
 
    
 
 
 
Amounts as of December 31, 2025
  
 
22,576
 
  
 
18,485
 
  
 
 
    
 
 
 
 
(1)
See Note 3.2.2.
Below are the changes in goodwill and other intangible assets for the year ended December 31, 2024:
 
    
Goodwill
    
Other
intangible assets
 
Cost
     
Amounts as of December 31, 2023
  
 
22,576
 
  
 
24,396
 
Additions
  
 
— 
 
     11,328  
  
 
 
    
 
 
 
Amounts as of December 31, 2024
  
 
22,576
 
  
 
35,724
 
  
 
 
    
 
 
 
Accumulated amortization
     
Amounts as of December 31, 2023
  
 
— 
 
  
 
(14,370
) 
Amortization
  
 
— 
 
     (5,911 ) 
  
 
 
    
 
 
 
Amounts as of December 31, 2024
  
 
— 
 
  
 
(20,281
) 
  
 
 
    
 
 
 
Net value
     
  
 
 
    
 
 
 
Amounts as of December 31, 2024
  
 
22,576
 
  
 
15,443
 
  
 
 
    
 
 
 
Goodwill arises from the initial business combination, mainly due to the Company’s capacity to tap into unique synergies from managing a portfolio of acquired oil and existing plots of land.
As of December 31, 2025 and 2024, it was allocated to Argentina CGUs.