Company: TCMFF
Filing Date: 2025-02-28
Form Type: 20-F
Source: 0001104659-25-019133
Chunk: 310

Company: TELECOM ARGENTINA SA
Filing Date: 2025-02-28
Form: 20-F
Item: Item 18
Chunk 310
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796)          1,845
La Capital Cable                                  323             712              908         
OPH                                               ​     (3,461)   ​          832   ​          —
Costs related to the sale of Ver TV (Note 28.1)   ​       (998)   ​            —   ​          —
Total                                                  (11,474)          (4,111)          5,553

(1)   Data about the issuer arises from extra-accounting information.
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(2)   As of December 31, 2023, despite owning a percentage higher than a % of interest, the Company did not have the control in accordance with the requirements of IFRS Accounting Standards.
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(3)   During September 2024, the Company acquired an additional 49.9% equity interest in TSMA by exchanging 49% of its equity interest in Ver TV. For this transaction, the Company recognized a loss of $2,720 million. For more details, see Note 28.1).
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(4)   In April 2023, the Company has acquired a 50% shareholding in OPH.
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(5)   As of December 31, 2024, includes $(3,428) million of currency translation adjustments.
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​
The evolution of investments in associates and joint ventures is as follows:
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                ​                    ​       ​        ​        ​   
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​                                    ​               As of December
​                                    2024            2023          
At the beginning of the year                51,877           43,713
Losses for the year                       (10,476)          (4,111)
Reduction of interest in associate        (23,352)                —
Dividends from associates                  (1,013)          (2,679)
Acquisitions                                     —           14,954
Currency translation adjustments           (3,428)                —
At the end of the year                      13,608           51,877
​
b)   Additional information on the consolidated statements of cash flows
Changes in assets/liabilities components:
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                  ​                      ​        ​       ​        ​       ​        ​    
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​                                                                            December 31,
Net (increase) decrease in assets        2024             2023             2022          
Trade receivables                             (260,840)        (