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CONSOLIDATED STATEMENTS OF CASH FLOWS - ARS ($)
$ in Millions
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2018
CASH FLOWS FROM (USED IN) OPERATING ACTIVITIES        
Net (loss) income for the year $ (5,104) $ (5,293) $ 11,594 $ 11,594
Adjustments to reconcile net income to net cash flows provided by operating activities        
Allowances deducted from assets 11,372 13,564 7,586  
Depreciation of property, plant and equipment 65,711 63,955 57,815  
Amortization of intangible assets 10,637 11,257 11,138  
Amortization of rights of use assets 5,870 4,736 204  
(Earnings) losses from associates (496) 255 (494)  
Disposals of fixed assets and consumption of materials 660 566 1,213  
Financial results and others 25,688 26,029 35,097  
Income tax (benefit) expense 8,251 19,290 (5,943)  
Income tax paid (1,899) (2,374) (12,430)  
Net (increase) decrease in assets (8,157) 5,228 (10,465)  
Net decrease in liabilities (11,208) (25,671) (24,932)  
Total cash flows provided by operating activities 101,325 111,542 70,383  
CASH FLOWS FROM (USED IN) INVESTING ACTIVITIES        
Property, plant and equipment acquisitions (52,288) (66,940) (64,635)  
Intangible asset acquisitions (2,072) (2,216) (6,087)  
Acquisition in shareholdings   (83) (511)  
Proceeds from dividends 80 252 117  
Cash incorporated by the merger     8,754  
Proceeds from the sale of property, plant and equipment and intangible assets 53 139 12  
Investments not considered as cash and cash equivalents (28,914) 7,872 15,073  
Total cash flows used in investing activities (83,141) (60,976) (47,277)  
CASH FLOWS FROM (USED IN) FINANCING ACTIVITIES        
Proceeds from financial debt 56,028 79,652 58,158  
Payment of financial debt (65,393) (49,695) (9,449)  
Payment of interests and related expenses (20,851) (10,746) (7,798)  
Payments of leases liabilities (5,231) (4,936)    
Payment of dividends (367) (48,368) (71,255)  
Total cash flows used in financing activities (35,814) (34,093) (30,344)  
NET (DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS (17,630) 16,473 (7,238)  
CASH AND CASH EQUIVALENTS AT THE BEGINNING OF THE YEAR 34,827 14,432 13,649  
NET FOREIGN EXCHANGE DIFFERENCES AND RECPAM ON CASH AND CASH EQUIVALENTS 1,330 3,922 8,021  
CASH AND CASH EQUIVALENTS AT THE END OF THE YEAR $ 18,527 $ 34,827 $ 14,432 $ 14,432