← TELECOM ARGENTINA SA

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 TTM
Cash flows from operating activities:
Net income (loss) for the year $4.0b $7.7b $5.5b ($3.9b) ($5.1b) $9.9b ($205.6b) ($249.7b) $1.0t ($145.3b) —
Net Income — — — — — — ($1.4t)
($738.3b) +47.61%
$1.3t +280.39%
($170.0b) -112.77%
$374.1b +320.04%
Net Income From Continuing Operations — — — — — — ($1.4t) ($715.3b) $1.4t ($145.3b) $374.1b
Profit or Loss $4.0b $7.7b $5.5b ($3.9b) ($5.1b) $9.9b ($205.6b) ($249.7b) $1.3t ($145.3b) —
Depreciation of PP&E $4.4b $5.0b $27.6b $47.0b $65.7b $108.4b $198.8b $544.5b $998.0b $1.5t $2.1t
Amortization of intangible assets $1.8b $1.9b $5.4b $8.3b $10.6b $15.6b $28.6b $87.9b $116.3b $234.7b —
Amortization of rights of use assets — $8.0m $150.0m $3.5b $5.9b $10.3b $21.7b $71.7b $198.2b $278.6b —
Amortization Cash Flow — — — — — — $194.3b $251.8b $152.9b $234.7b —
Amortization Of Intangibles — — — — — — $194.3b $251.8b $152.9b $234.7b $255.4b
Depreciation — — — — — — $1.5t $1.8t $1.6t $1.8t $1.9t
Depreciation Amortization Depletion — — — — — — $1.7t $2.0t $1.7t $2.0t $2.1t
Deferred Income Tax — — — — — — ($179.7b) ($969.0b) $538.2b ($46.4b) $115.4b
Deferred Tax — — — — — — ($179.7b) ($969.0b) $538.2b ($46.4b) $115.4b
Impairment of goodwill — — — — — $1.3b $244.0b — — $15.9b —
Asset Impairment Charge — — — — — — $1.7t $0 $0 $15.9b $15.9b
Proceeds From Sales Of Investments Other Than Investments Accounted For Using Equity Method — $176.0m — — — — — — $406.1b $442.8b —
Earnings (Loss)es From Equity Investments — — — — — ($2.4b) ($5.6b) $1.9b $11.5b — $4.8b
Change In Working Capital — — — — — — $27.4b $527.2b ($245.7b) ($407.5b) ($294.3b)
Increase Trade receivables — — — — — — — — ($343.1b) ($224.7b) —
Decrease / (Increase) Other receivables — — — — — — — — ($106.9b) ($15.7b) —
Change In Receivables — — — — — — ($377.4b) ($767.2b) ($450.1b) ($240.4b) ($192.7b)
Changes In Account Receivables — — — — — — ($224.2b) ($509.8b) ($343.1b) ($224.7b) ($192.7b)
Decrease / (Increase) Inventories — — — — — — — — ($8.4b) $71.4b —
Change In Inventory — — — — — — ($15.9b) ($59.8b) ($8.4b) $71.4b $68.5b
(Decrease) / Increase Trade payables — — — — — — — — $27.5b ($18.0b) —
Increase Salaries and social security payables — — — — — — — — $110.0b $62.1b —
(Decrease) / Increase Other taxes payables — — — — — — — — $85.1b ($250.8b) —
Change In Accrued Expense — — — — — $60.1b $128.5b $72.5b $83.6b — $83.6b
(Decrease) / Increase Other Liabilities and Provisions — — — — — — — — ($9.7b) ($31.9b) —
Change In Other Current Liabilities — — — — — — ($4.1b) $51.6b ($9.7b) ($31.9b) ($18.0b)
Proceeds From Sales Of Property Plant And Equipment Classified As Investing Activities $19.0m $27.0m — — — — — — — — —
Capital Expenditure — — — — — — ($830.5b) ($1.3t) ($518.6b) ($1.5t) ($2.0t)
Adjustments For Gain Loss On Disposal Of Investments In Subsidiaries Joint Ventures And Associates — — — — — — — ($1.9b) — — —
Proceeds from sale of investments not considered as cash and cash equivalents — — — — — — $96.4b $304.5b $333.0b $442.8b ($45.8b)
Payments for investments not considered as cash and cash equivalents — — — — — — ($394.5b) ($582.8b) ($322.4b) ($732.3b) —
Payments for intangible asset acquisitions — — — — — ($15.4b) ($16.3b) ($199.6b) ($46.1b) ($135.6b) —
Net Other Investing Changes — — — — — — ($298.1b) ($366.1b) $13.9b ($289.5b) $377.0b
Cash flows from financing activities:
Proceeds From Borrowings Classified As Financing Activities $9.3b $1.7b $27.8b $58.5b $56.0b $64.2b $85.2b $388.2b $1.5t $4.0t —
Repayments Of Borrowings Classified As Financing Activities $2.9b $3.0b $4.5b $36.5b $65.4b $50.3b $68.3b $228.6b $1.4t $2.6t —
Payment of borrowings ($2.9b) ($3.0b) ($4.5b) ($36.5b) ($65.4b) ($50.3b) ($68.3b) ($228.6b) ($1.1t) ($2.6t) —
Issuance Of Debt — — — — — — $577.9b $1.1t $1.6t $4.0t $3.1t
Long Term Debt Issuance — — — — — — $577.9b $1.1t $1.6t $4.0t $3.1t
Long Term Debt Payments — — — — — — ($566.7b) ($781.3b) ($1.6t) ($2.8t) ($3.2t)
Net Issuance Payments Of Debt — — — — — — $11.1b $330.7b ($56.8b) $1.2t ($131.4b)
Net Long Term Debt Issuance — — — — — — $11.1b $330.7b ($56.8b) $1.2t ($131.4b)
Repayment Of Debt — — — — — — ($566.7b) ($781.3b) ($1.6t) ($2.8t) ($3.2t)
Common Stock Dividend Paid — — — — — — ($1.2b) $0 $0 ($20.3b) ($20.3b)
Dividends paid ($2.0b) ($4.2b) ($34.1b) $300.0m ($367.0m) ($744.0m) ($1.2b) — — ($20.3b) ($20.3b)
Payments of Dividends — — — $300 — — — — — — ($20.3b)
Dividends Paid Classified As Financing Activities $2.0b $4.2b $34.1b $35.5b $367.0m $744.0m $1.2b — — $20.3b ($20.3b)
Dividends Proposed Or Declared Before Financial Statements Authorised For Issue But Not Recognised As Distribution To Owners — $2k — — — — — — — — —
Dividends received from associates — — — — — $1k $2k $1k $1k $7 —
Cash Dividends Paid — — — — — — $0 $0 $0 ($20.3b) ($20.3b)
Dividends Received CFI — — — — — — $4.2b $3.4b $1.3b $7.0m $516.0m
Net Other Financing Charges — — — — — — ($8.3b) ($13.2b) ($48.8b) ($17.6b) ($17.6b)
CASH AND CASH EQUIVALENTS AT THE BEGINNING OF THE YEAR $870.0m $3.9b $6.9b $10.6b $34.8b $28.0b $38.7b $159.8b $318.3b $469.1b
Beginning Cash Position — — — — — — $262.2b $357.3b $457.7b $418.7b ($47.3b)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents — — — $25.6b $18.5b — — — — — ($56.2b)
Effect Of Exchange Rate Changes — — — — — — ($6.6b) $238.1b ($68.5b) $63.1b ($40.3b)
Additional Supplementary Disclosures
Additional Supplementary Disclosures
Additional Financial Items
Adjustments For Decrease Increase In Trade Account Receivable ($2.8b) ($2.1b) ($4.1b) $3.3b ($7.3b) ($12.9b) ($26.1b) ($178.0b) ($318.1b) ($224.7b) —
Adjustments For Income Tax Expense $1.6b $3.9b ($2.8b) $14.2b $8.3b $33.3b ($26.5b) ($338.3b) $499.0b ($46.4b) —
Adjustments For Increase Decrease In Trade Account Payable ($1.4b) $1.1b $885.0m ($17.0b) ($7.0b) $6.6b $39.1b $338.3b $25.5b ($18.0b) —
Adjustments For Undistributed Profits Of Associates — — $236.0m ($187.0m) $496.0m $395.0m $819.0m — — — —
Goodwill — — $120.4b $185.1b $251.9b $379.2b $494.8b $1.5t $4.1t $4.4t $15.9b
Interest Paid Classified As Financing Activities $1.6b $848.0m $3.7b $7.9b $20.9b $26.8b $46.2b $182.9b $391.0b $485.5b —
Payments Of Lease Liabilities Classified As Financing Activities — — — $3.6b $5.2b $6.6b $15.3b $44.2b $112.2b $196.2b —
Purchase Of Intangible Assets Classified As Investing Activities — — — — — — — $199.6b $56.2b $135.6b —
Allowances deducted from assets — $1.3b $5.6b $10.0b $11.4b $9.5b $19.1b $39.7b $75.9b $160.1b —
Disposals of Fixed and intangible assets $2.0b $1.7b $579.0m $268.0m $660.0m $2.7b $4.8b $388.0m $1.7b $147.3b —
Losses from associates and joint ventures — — — — — — ($5.6b) $4.1b $11.5b $3.7b —
Financial results and others $1.9b $2.3b $14.8b $16.7b $25.7b ($47.9b) ($48.8b) $280.6b ($1.8t) $624.5b —
Income tax paid ($1.7b) ($2.4b) ($5.9b) ($1.7b) ($1.9b) ($2.3b) ($10.1b) ($5.1b) ($7.4b) ($15.0b) —
Payments for PP&E ($9.5b) ($10.7b) ($39.6b) ($49.2b) ($52.3b) ($73.6b) ($117.3b) ($263.9b) ($348.1b) ($1.4t) —
Proceeds from the sale of PP&E and intangible assets $16.0m $13.0m $6.0m $102.0m $53.0m $157.0m $358.0m $1.2b $5.9b $37.2b —
Payments for acquisition of subsidiary, net of cash acquired — — — — — — ($407.0m) — ($18.2b) ($1.3t) —
Compensation received for acquisition of companies — — — — — — — — $3.2b $1.7b —
Proceeds from DFI liquidations — — — — — — — $52.5b $3.9b $33.9b —
Total cash flows used in investing activities ($11.3b) ($14.3b) ($31.3b) ($44.8b) ($83.1b) ($115.1b) ($165.9b) ($593.7b) ($383.4b) ($3.0t) —
Repurchase of Notes — — — — — — — — ($26.5b) ($15.0b) —
Payment of interests, DFI and related expenses — — — — — — ($313.4b) ($450.7b) ($325.4b) ($514.4b) —
Payments of leases liabilities — — — ($3.6b) ($5.2b) ($6.6b) ($15.3b) ($44.2b) ($92.0b) ($196.2b) —
Transaction with non-controlling interests — — — — — ($115.0m) — ($590.0m) ($27.5b) — —
Total cash flows from (used in) financing activities $2.8b ($6.3b) ($14.6b) ($25.0b) ($35.8b) ($20.3b) ($45.8b) ($72.0b) ($405.6b) $613.0b —
NET INCREASE IN CASH AND CASH EQUIVALENTS ($149.0m) $1.6b ($3.5b) $12.1b ($17.6b) ($5.4b) $2.4b ($48.0b) $22.5b ($12.8b)
NET FOREIGN EXCHANGE DIFFERENCES AND RECPAM ON CASH AND CASH EQUIVALENTS $924.0m $57.0m $3.8b $2.9b $1.3b ($2.7b) ($972.0m) $83.1b ($52.1b) $63.1b
Cash Flow From Continuing Financing Activities — — — — — — ($310.6b) ($275.5b) ($533.6b) $613.0b ($727.2b)
Cash Flow From Continuing Investing Activities — — — — — — ($1.1t) ($1.6t) ($504.4b) ($3.0t) ($1.9t)
Change In Account Payable — — — — — — $375.3b $969.0b $27.5b ($18.0b) $626.0m
Change In Cash Supplemental As Reported — — — — — — $16.0b ($137.6b) $29.5b ($12.8b) —
Change In Income Tax Payable — — — — — — ($78.9b) $126.0b $85.1b ($250.8b) ($212.5b)
Change In Other Working Capital — — — — — — — $207.6b $110.0b $62.1b $59.8b
Change In Payable — — — — — — $296.4b $1.1t $112.6b ($268.8b) $626.0m
Change In Tax Payable — — — — — — ($78.9b) $126.0b $85.1b ($250.8b) ($212.5b)
Changes In Cash — — — — — — $16.0b ($137.6b) $29.5b ($12.8b) ($8.9b)
End Cash Position — — — — — — $271.6b $457.7b $418.7b $469.1b ($56.2b)
Financing Cash Flow — — — — — — ($310.6b)
($275.5b) +11.31%
($533.6b) -93.71%
$613.0b +214.87%
($727.2b) -218.63%
Free Cash Flow — — — — — — $620.8b $441.7b $548.9b $895.2b $1.2t
Gain Loss On Sale Of Business — — — — — — — $5.4b $15.1b $3.7b $3.7b
Gain Loss On Sale Of PPE — — — — — — $32.8b $1.5b $2.2b $147.3b $145.6b
Investing Cash Flow — — — — — — ($1.1t) ($1.6t) ($504.4b) ($3.0t) ($1.9t)
Net Business Purchase And Sale — — — — — — ($2.8b) $62.6b ($8.8b) ($1.3t) $115.9b
Net Intangibles Purchase And Sale — — — — — — ($35.4b) ($571.7b) ($60.6b) ($135.6b) ($135.6b)
Net Investment Purchase And Sale — — — — — — $0 ($7.2b) $0 $0 ($83.7b)
Net PPE Purchase And Sale — — — — — — ($792.7b) ($752.8b) ($450.2b) ($1.3t) ($1.5t)
Operating Gains Losses — — — — — — $27.2b $6.9b $17.3b $151.0b $112.4b
Other Non Cash Items — — — — — — ($434.3b) $803.4b ($2.4t) $624.5b —
Provisionand Write Offof Assets — — — — — — $129.7b $113.8b $99.9b $160.1b $190.1b
Purchase Of Business — — — — — — ($2.8b) ($6.5b) ($18.2b) ($1.3t) $173.9b
Purchase Of Intangibles — — — — — — ($35.4b) ($571.7b) ($60.6b) ($135.6b) ($120.7b)
Purchase Of Investment — — — — — — $0 ($7.2b) $0 $0 ($226.4b)
Purchase Of PPE — $10.7b $39.6b $49.2b $52.3b $73.6b ($795.1b) ($756.1b) ($458.0b) ($1.4t) ($2.0t)
Sale Of Business — — — — — — $0 $69.1b $9.4b $35.6b $33.6b
Sale Of Investment — — — — — — $0 $52.5b $3.9b — ($45.8b)
Sale Of PPE — — — — — — $2.4b $3.3b $7.8b $37.2b $32.5b

Amounts are shown in USD as reported in each fiscal year filing.

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.