Company: TCMFF
Filing Date: 2025-05-19
Form Type: 6-K
Source: 0001104659-25-050264
Chunk: 62

Company: TELECOM ARGENTINA SA
Filing Date: 2025-05-19
Form: 6-K
Chunk 62
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 | 53,509,494,960 |

During fiscal years 2024 and 2023, revenues from
investment properties amount to 1,088 million pesos and 1,535 million pesos, respectively.

b)Assets Classified as Held for Sale

As of December 31, 2024, the balance of Assets
classified as held for sale primarily consists of recoverable base station equipment totaling 2,260 million pesos, for which the Company’s
management expects the sale to occur within the next twelve months.

| 8. | Inventories |

The following is a breakdown of Inventories, as
stated in the statement of financial position as of December 31, 2024 and 2023:

|                                           |     | 12/31/2024 |                |   |     | 12/31/2023 |                |   |
| Handsets                                  |     |            | 27,639,349,027 |   |     |            | 24,561,646,911 |   |
| Accessories and prepaid cards             |     |            |  5,484,160,500 |   |     |            |  5,372,490,603 |   |
| Other inventories                         |     |            | 26,720,939,620 |   |     |            | 11,525,713,796 |   |
| Sale projects                             |     |            |  2,326,980,107 |   |     |            |  3,639,950,949 |   |
| Less - Provision for inventory write-down |     |            | (2,947,710,301 | ) |     |            | (2,676,899,823 | ) |
| Total                                     |     |            | 59,223,718,953 |   |     |            | 42,422,902,436 |   |

Movements of handsets, accessories and prepaid
cards in 2024 and 2023 are as follows:

|                                |     | 12/31/2024 |                 |     | 12/31/2023 |                 |
| Opening inventory              |     |            |  41,459,851,310 |     |            |  52,910,345,002 |
| Purchases                      |     |            | 183,537,397,602 |     |            | 236,318,800,344