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CONSOLIDATED INCOME STATEMENTS - ARS ($)
$ in Millions
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
CONSOLIDATED INCOME STATEMENTS      
Revenues $ 301,596 $ 322,686 $ 351,948
Employee benefit expenses and severance payments (58,476) (63,348) (62,316)
Interconnection and transmission costs (11,254) (10,238) (11,572)
Fees for services, maintenance, materials and supplies (33,012) (36,223) (34,672)
Taxes and fees with the Regulatory Authority (23,020) (25,029) (28,502)
Commissions and advertising (17,252) (19,893) (23,477)
Cost of equipment and handsets (11,132) (14,634) (20,245)
Programming and content costs (20,169) (24,548) (25,458)
Bad debt expenses (10,805) (8,619) (7,387)
Other operating expenses (13,588) (15,212) (20,263)
Depreciation, amortization and impairment of fixed assets (82,594) (83,439) (73,535)
Operating income 20,294 21,503 44,521
Earnings (losses) from associates 496 (255) 494
Debt financial expenses (24,698) (22,677) (71,150)
Other financial results, net 7,055 15,426 31,786
Income before income tax (expense) benefit 3,147 13,997 5,651
Income tax (expense) benefit (8,251) (19,290) 5,943
Net (loss) income for the year (5,104) (5,293) 11,594
Attributable to:      
Controlling Company (5,715) (5,985) 11,089
Non-controlling interest $ 611 $ 692 $ 505
(Loss) earnings per share attributable to Controlling Company      
Basic and diluted $ (2.65) $ (2.78) $ 5.15