Company: TCMFF
Filing Date: 2025-02-28
Form Type: 20-F
Source: 0001104659-25-019133
Chunk: 358

Company: TELECOM ARGENTINA SA
Filing Date: 2025-02-28
Form: 20-F
Item: Item 18
Chunk 358
---
 Trade              ​   Other              ​   Total as of      
Date due                            equivalents         Investments       receivables, net       receivables, net       December 31, 2024
Total due                           —                   —                 111,262                1,062                  112,324          
Total not due                       318,319             33,584            185,162                18,812                 555,877          
Total as of December 31, 2024       318,319             33,584            296,424                19,874                 668,201          
​

              ​                 ​         ​         ​        ​        ​          ​           ​          ​           ​           ​        
-----------------------------------------------------------------------------------------------------------------------------------------
​                                   Cash and cash       ​                 Trade                  Other                  Total as of      
Date due                        ​   equivalents     ​   Investments   ​   receivables, net   ​   receivables, net   ​   December 31, 2023
Total due                           —                   —                 176,315                3,302                  179,617          
Total not due                       347,930             269,959           113,572                48,113                 779,574          
Total as of December 31, 2023       347,930             269,959           289,887                51,415                 959,191          
​
The accruals to the allowance for doubtful accounts are recorded: (i) for an exact amount on credit positions that present an element of individual risk (bankruptcy, customers under legal proceedings with the Company); and (ii) on credit positions that do not present such characteristics, by customer segment considering the aging of the accounts receivable balances, expected credit losses, customer creditworthiness and changes in the customer payment terms. Total overdue balances not covered by the allowance for doubtful accounts amount to $111,262 million and $176,315 million as of December 31, 2024 and 2023, respectively.
Regarding the credit risk relating to the asset included in the “Net borrowings or asset”, it should be noted that Telecom evaluates the outstanding credit of the counterparty and the levels of investment, based, among others, on their credit rating and the equity size of the counterparty.
In order to minimize credit risk, Telecom also pursues a diversification policy for its investments of liquidity with leading high-credit-quality banking and financial institutions and generally for short-term periods