Company: TCMFF
Filing Date: 2025-05-19
Form Type: 6-K
Source: 0001104659-25-050264
Chunk: 23

Company: TELECOM ARGENTINA SA
Filing Date: 2025-05-19
Form: 6-K
Chunk 23
---
2023.

The effect generated by the
restatement in current currency as of December 31, 2024, included in handset sales revenues amounted to P$48,037 million and P$300,379
million in 2024 and 2023, respectively.

Rental income

Rental income revenues amounted
to P$4,568 million in 2024, decreasing P$1,029 million compared to 2023. The effect generated by the restatement in current currency as
of December 31, 2024, amounted to P$914 million and P$4,196 million in 2024 and 2023, respectively.

These revenues are mainly
related to the leasing of investment properties and cloud space rental. There were no significant variations during the period analyzed.

Operating costs (without depreciation, amortization and impairment losses)

|                                                                            |     | Year ended   
 December 31, 
 2024         |            |   |     | 2023 |            |   |     | Total Change |       |   |     |              |         |   |
|:---------------------------------------------------------------------------|:----|:-------------|:-----------|:--|:----|:-----|:-----------|:--|:----|:-------------|------:|:--|:----|:-------------|--------:|:--|
|                                                                            |     | -P$ millions |            |   |     |      |            |   |     | %            |       |   |     | -P$ millions |         |   |
| Supplies                                                                   |     |              | (497,576   | ) |     |      | (612,925   | ) |     |              | (18.8 | ) |     |              | 115,349 |   |
| Employee benefit expenses and severance payments                           |     |              | (607,062   | ) |     |      | (780,263   | ) |     |              | (22.2 | ) |     |              | 173,201 |   |
| Variation of allowances for doubtful accounts                              |     |              | (63,402    | ) |     |      | (60,244    | ) |     |              |   5.2 |   |     |              |  (3,158 | ) |
| Other expenses                                                             |     |              | (1,080,235 | ) |     |      | (1,044,843 | )