TELECOM ARGENTINA SA | CIK:0000932470 | 3

  • Filed: 4/20/2018
  • Entity registrant name: TELECOM ARGENTINA SA (CIK: 0000932470)
  • Generator: Merrill
  • SEC filing page: http://www.sec.gov/Archives/edgar/data/932470/000110465918025642/0001104659-18-025642-index.htm
  • XBRL Instance: http://www.sec.gov/Archives/edgar/data/932470/000110465918025642/teo-20171231.xml
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    • ifrs-full:DisclosureOfOperatingSegmentsExplanatory

     

    For the year ended December 31, 2017

     

    q

    Income statement information

     

     

    Fixed

    Mobile Services

     

     

     

    Services

    Personal

    Núcleo

    Subtotal

    Eliminations

    Total

    Total revenues and other income (1)
    22,952
    42,128
    2,997
    45,125
    (2,758)
    65,319

    Employee benefit expenses and severance payments
    (9,625)
    (2,876)
    (217)
    (3,093)

    -
    (12,718)

    Interconnection costs and other telecommunication charges
    (1,200)
    (3,537)
    (220)
    (3,757)
    1,809
    (3,148)

    Fees for services, maintenance, materials and supplies
    (3,546)
    (3,384)
    (280)
    (3,664)
    610
    (6,600)

    Taxes and fees with the Regulatory Authority
    (1,581)
    (4,413)
    (113)
    (4,526)

    -
    (6,107)

    Commissions
    (417)
    (2,965)
    (344)
    (3,309)
    95
    (3,631)

    Cost of equipments and handsets
    (524)
    (6,035)
    (125)
    (6,160)

    -
    (6,684)

    Advertising
    (194)
    (915)
    (109)
    (1,024)

    -
    (1,218)

    Cost of VAS
    (45)
    (614)
    (215)
    (829)

    -
    (874)

    Provisions
    (183)
    (406)
    (1)
    (407)

    -
    (590)

    Bad debt expenses
    (193)
    (844)
    (76)
    (920)

    -
    (1,113)

     

     

     

     

     

     

     

    Other operating expenses
    (1,594)
    (1,740)
    (190)
    (1,930)
    244
    (3,280)

     

     

     

     

     

     

     

    Operating income before D&A
    3,850
    14,399
    1,107
    15,506

    -
    19,356

    Depreciation of PP&E
    (2,072)
    (2,325)
    (642)
    (2,967)

    -
    (5,039)

    Amortization of intangible assets
    (164)
    (1,636)
    (89)
    (1,725)

    -
    (1,889)

     

     

     

     

     

     

     

    Disposals and impairment of PP&E
    (21)
    (295)

    -
    (295)

    -
    (316)

     

     

     

     

     

     

     

    Operating income
    1,593
    10,143
    376
    10,519

    -
    12,112

     

     

     

     

     

     

     

    Financial results, net

     

     

     

     

     
    (486)

     

     

     

     

     

     

     

    Income before income tax expense

     

     

     

     

     
    11,626

     

     

     

     

     

     

     

    Income tax expense, net

     

     

     

     

     
    (3,902)

     

     

     

     

     

     

     

    Net income

     

     

     

     

     
    7,724

     

     

     

     

     

     

     

     

     

     

     

    Net income attributable to Telecom Argentina

    7,630

     

     

    Net income attributable to non-controlling interest
    94

     

     

     
    7,724

     

     

     

    (1)

     

    Service revenues
    19,797
    34,289
    2,885
    37,174

    -
    56,971

     

     

     

     

     

     

     

    Equipment sales
    663
    7,446
    106
    7,552

    -
    8,215

     

     

     

     

     

     

     

    Other income
    71
    62

    -
    62

    -
    133

     

     

     

     

     

     

     

    Subtotal third party revenues and other income
    20,531
    41,797
    2,991
    44,788

    -
    65,319

     

     

     

     

     

     

     

    Intersegment revenues
    2,421
    331
    6
    337
    (2,758)

    -

     

     

     

     

     

     

     

    Total revenues and other income
    22,952
    42,128
    2,997
    45,125
    (2,758)
    65,319

     

     

     

     

     

     

     

     

     

    For the year ended December 31, 2016

     

    q

    Income statement information

     

    Fixed

    Mobile Services

     

     

     

    Services

    Personal

    Núcleo

    Subtotal

    Eliminations

    Total

    Total revenues and other income (1)
    17,027
    35,766
    2,649
    38,415
    (2,119)
    53,323

    Employee benefit expenses and severance payments
    (7,220)
    (2,381)
    (199)
    (2,580)

    -
    (9,800)

    Interconnection costs and other telecommunication charges
    (961)
    (2,721)
    (200)
    (2,921)
    1,329
    (2,553)

    Fees for services, maintenance, materials and supplies
    (2,311)
    (2,975)
    (229)
    (3,204)
    509
    (5,006)

    Taxes and fees with the Regulatory Authority
    (1,118)
    (3,925)
    (82)
    (4,007)

    -
    (5,125)

    Commissions
    (327)
    (3,286)
    (295)
    (3,581)
    59
    (3,849)

    Cost of equipments and handsets
    (136)
    (5,749)
    (303)
    (6,052)

    -
    (6,188)

    Advertising
    (126)
    (644)
    (104)
    (748)

    -
    (874)

    Cost of VAS
    (53)
    (1,329)
    (117)
    (1,446)

    -
    (1,499)

    Provisions
    (78)
    (109)

    -
    (109)

    -
    (187)

    Bad debt expenses
    (152)
    (951)
    (125)
    (1,076)

    -
    (1,228)

     

     

     

     

     

     

     

    Other operating expenses
    (1,276)
    (1,378)
    (158)
    (1,536)
    222
    (2,590)

     

     

     

     

     

     

     

    Operating income before D&A
    3,269
    10,318
    837
    11,155

    -
    14,424

    Depreciation of PP&E
    (1,686)
    (2,088)
    (584)
    (2,672)

    -
    (4,358)

    Amortization of intangible assets
    (211)
    (1,526)
    (103)
    (1,629)

    -
    (1,840)

     

     

     

     

     

     

     

    Disposals and impairment of PP&E
    1
    (384)

    -
    (384)

    -
    (383)

     

     

     

     

     

     

     

    Operating income
    1,373
    6,320
    150
    6,470

    -
    7,843

     

     

     

     

     

     

     

    Financial results, net

     

     

     

     

     
    (2,244)

     

     

     

     

     

     

     

    Income before income tax expense

     

     

     

     

     
    5,599

     

     

     

     

     

     

     

    Income tax expense, net

     

     

     

     

     
    (1,594)

     

     

     

     

     

     

     

    Net income

     

     

     

     

     
    4,005

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

    Net income attributable to Telecom Argentina

     

     

     

     

     
    3,975

     

     

     

     

     

     

     

    Net income attributable to non-controlling interest

     

     

     

     

     
    30

     

     

     

     

     

     

     

     

     

     

     

     

     
    4,005

     

     

     

     

     

     

     

     

     

    (1)

    Service revenues
    14,923
    28,049
    2,382
    30,431

    -
    45,354

    Equipment sales
    91
    7,535
    260
    7,795

    -
    7,886

     

     

     

     

     

     

     

    Other income
    66
    16
    1
    17

    -
    83

     

     

     

     

     

     

     

    Subtotal third party revenues and other income
    15,080
    35,600
    2,643
    38,243

    -
    53,323

     

     

     

     

     

     

     

    Intersegment revenues
    1,947
    166
    6
    172
    (2,119)

    -

     

     

     

     

     

     

     

    Total revenues and other income
    17,027
    35,766
    2,649
    38,415
    (2,119)
    53,323

     

     

     

    For the year ended December 31, 2015

     

    q

    Income statement information

     

    Fixed

    Mobile Services

     

     

     

    Services

    Personal

    Núcleo

    Subtotal

    Eliminations

    Total

    Total revenues and other income (1)
    12,609
    28,203
    1,717
    29,920
    (1,989)
    40,540

    Employee benefit expenses and severance payments
    (5,268)
    (1,856)
    (129)
    (1,985)

    -
    (7,253)

    Interconnection costs and other telecommunication charges
    (719)
    (2,686)
    (154)
    (2,840)
    1,389
    (2,170)

    Fees for services, maintenance, materials and supplies
    (1,769)
    (2,417)
    (152)
    (2,569)
    419
    (3,919)

    Taxes and fees with the Regulatory Authority
    (818)
    (3,071)
    (54)
    (3,125)

    -
    (3,943)

    Commissions
    (268)
    (2,774)
    (199)
    (2,973)
    48
    (3,193)

    Cost of equipments and handsets
    (82)
    (4,328)
    (185)
    (4,513)

    -
    (4,595)

    Advertising
    (108)
    (628)
    (78)
    (706)

    -
    (814)

    Cost of VAS
    (38)
    (1,136)
    (82)
    (1,218)

    -
    (1,256)

    Provisions
    (17)
    (96)

    -
    (96)

    -
    (113)

    Bad debt expenses
    (79)
    (462)
    (23)
    (485)

    -
    (564)

     

     

     

     

     

     

     

    Other operating expenses
    (934)
    (960)
    (93)
    (1,053)
    133
    (1,854)

     

     

     

     

     

     

     

    Operating income before D&A
    2,509
    7,789
    568
    8,357

    -
    10,866

    Depreciation of PP&E
    (1,341)
    (1,379)
    (326)
    (1,705)

    -
    (3,046)

    Amortization of intangible assets
    (185)
    (1,141)
    (66)
    (1,207)

    -
    (1,392)

     

     

     

     

     

     

     

    Disposals and impairment of PP&E
    (91)
    (109)
    1
    (108)

    -
    (199)

     

     

     

     

     

     

     

    Operating income
    892
    5,160
    177
    5,337

    -
    6,229

     

     

     

     

     

     

     

    Financial results, net

     

     

     

     

     
    (1,102)

     

     

     

     

     

     

     

    Income before income tax expense

     

     

     

     

     
    5,127

     

     

     

     

     

     

     

    Income tax expense, net

     

     

     

     

     
    (1,692)

     

     

     

     

     

     

     

    Net income

     

     

     

     

     
    3,435

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

    Net income attributable to Telecom Argentina

     

     

     

     

     
    3,403

     

     

     

     

     

     

     

    Net income attributable to non-controlling interest

     

     

     

     

     
    32

     

     

     

     

     

     

     

     

     

     

     

     

     
    3,435

     

     

     

     

     

     

     

     

     

    (1)

    Service revenues
    10,675
    22,258
    1,547
    23,805

    -
    34,480

    Equipment sales
    61
    5,796
    159
    5,955

    -
    6,016

     

     

     

     

     

     

     

    Other income
    39
    5

    -
    5

    -
    44

     

     

     

     

     

     

     

    Subtotal third party revenues and other income
    10,775
    28,059
    1,706
    29,765

    -
    40,540

     

     

     

     

     

     

     

    Intersegment revenues
    1,834
    144
    11
    155
    (1,989)

    -

     

     

     

     

     

     

     

    Total revenues and other income
    12,609
    28,203
    1,717
    29,920
    (1,989)
    40,540