Company: TCMFF
Filing Date: 2025-02-28
Form Type: 20-F
Source: 0001104659-25-019133
Chunk: 353

Company: TELECOM ARGENTINA SA
Filing Date: 2025-02-28
Form: 20-F
Item: Item 18
Chunk 353
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 lease agreements of Telecom and its subsidiaries as of December 31, 2024, 2023 and 2022 in currency on the transaction date are as follows:
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 ​     ​       ​       ​       ​       ​        ​        ​     ​   
-------------------------------------------------------------------
​          Less than               ​       More than 5       ​     
​      ​      1 year   ​   1‑5 years   ​   years         ​   Total 
2024   ​       6,318   ​       9,405   ​   5,108         ​   20,831
2023   ​       3,844   ​       8,401   ​   3,229         ​   15,474
2022   ​       4,427   ​         902   ​   —             ​   5,329 
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Further information is provided in Note 3.k).
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NOTE 25 – FINANCIAL RESULTS, NET
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                      ​                         ​        ​        ​          ​         ​         ​    
------------------------------------------------------------------------------------------------------
​                                                                             Years ended December 31,
​                                               2024             2023                 2022            
​                                               ​                                        Profit (loss)
Interests on borrowings                              (132,146)            (127,344)          (101,389)
Remeasurement in borrowings (*)                      (102,728)              108,438             11,759
Foreign currency exchange gains on borrowings        1,687,816          (1,360,644)            291,606
Borrowings renegotiation results                         2,169              (1,740)              (272)
Repurchase Notes                                460                               —                  —
Total financial results from borrowings              1,455,571          (1,381,290)            201,704
(*)   Related to Notes issued in UVA
​

F-

TELECOM ARGENTINA S.A.

                                        ​                                            ​        ​        ​          ​         ​        ​    
------------------------------------------------------------------------------------------------------------------------------------------
​                                                                                    ​                            Years ended December 31,
​                                                                                    2024             2023                 2022           
​                                                                                    ​                                       Profit (loss)
Fair value gains/(losses) on financial assets at fair value through profit or loss   ​     (45,400)   ​          140,072   ​      (86,008)
Other foreign currency exchange gains (losses)                                       ​