Globant S.A. | CIK:0001557860 | 3

  • Filed: 4/13/2018
  • Entity registrant name: Globant S.A. (CIK: 0001557860)
  • Generator: Workiva (WebFilings)
  • SEC filing page: http://www.sec.gov/Archives/edgar/data/1557860/000114420418020505/0001144204-18-020505-index.htm
  • XBRL Instance: http://www.sec.gov/Archives/edgar/data/1557860/000114420418020505/glob-20171231.xml
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  • ifrs-full:DisclosureOfFinanceIncomeExpenseExplanatory

    FINANCE INCOME / EXPENSE
     
     
     
    For the year ended December 31,
     
     
    2017
     
    2016
     
    2015
    Finance income
     
     

     
     

     
     

    Interest gain
     
    479

     
    60

     
    8

    Gain arising for held-for-trading investments
     
    923

     
    3,619

     
    13,453

    Gain arising for held-to-maturity investments
     

     

     
    4,941

    Gain arising for available-for-sale investments (*)
     
    240

     
    6,325

     

    Foreign exchange gain
     
    6,314

     
    6,211

     
    9,153

    Subtotal
     
    7,956

     
    16,215

     
    27,555

     
     
     
     
     
     
     
    Finance expense
     
     

     
     

     
     

    Interest expense on borrowings
     
    (95
    )
     
    (41
    )
     
    (108
    )
    Loss arising for held-for-trading investments
     
    (620
    )
     
    (2,966
    )
     

    Foreign exchange loss
     
    (9,043
    )
     
    (14,831
    )
     
    (19,289
    )
    Other interest
     
    (788
    )
     
    (776
    )
     
    (888
    )
    Other
     
    (490
    )
     
    (613
    )
     
    (667
    )
    Subtotal
     
    (11,036
    )
     
    (19,227
    )
     
    (20,952
    )
    TOTAL
     
    (3,080
    )
     
    (3,012
    )
     
    6,603


    (*) As of December 31, 2017 and 2016 includes 27 and 52, respectively, related to the gain recognized as Other comprehensive income as of December 31, 2016 and December 31, 2015, respectively.