Company: TCMFF
Filing Date: 2025-05-19
Form Type: 6-K
Source: 0001104659-25-050264
Chunk: 61

Company: TELECOM ARGENTINA SA
Filing Date: 2025-05-19
Form: 6-K
Chunk 61
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403,793,720,906 | ) |     |                      | 75,543,548,434 |
| Technical facilities and machinery |     |                |  29,625,076,110 |     |              | (16,835,074,423  | ) |     |                      | 12,790,001,687 |
| Total rights-of-use assets         |     |                | 508,962,345,450 |     |              | (420,628,795,329 | ) |     |                      | 88,333,550,121 |

Balance as of 12/31/2023

|                                    |     | Original value |                 |     | Accumulated  
 depreciation |                  |   |     | Rights-of-use assets |                 |
| Land and constructions             |     |                | 470,564,013,592 |     |              | (357,779,547,120 | ) |     |                      | 112,784,466,472 |
| Technical facilities and machinery |     |                |  25,297,883,862 |     |              | (13,242,843,404  | ) |     |                      |  12,055,040,458 |
| Total rights-of-use assets         |     |                | 495,861,897,454 |     |              | (371,022,390,524 | ) |     |                      | 124,839,506,930 |

In 2024 and 2023, expenses relating to short-term
leases or low-value leases, with variable rent payments not included in the liability estimate, are included in operating income, with
19,025 million pesos and 21,250 million pesos corresponding to supplies, and 36,478 million pesos and 28,720 million pesos corresponding
to leases under the caption Other expenses, respectively.

| 7. | Investment Properties and Assets Classified as Held for Sale |

a)Investment Properties

The composition and movements of the items included
in Investment properties for fiscal years 2024 and 2023 were as follows:

Fiscal Year 2024

|                             |     | Balance as of 
 12/31/2023    |                |     | Depreciation 
 (Note 17)    |                |   |     | Balance as of 
 12/31/2024    |                |
| Land and constructions      |     |               | 53,509