Company: TCMFF
Filing Date: 2025-05-19
Form Type: 6-K
Source: 0001104659-25-050264
Chunk: 44

Company: TELECOM ARGENTINA SA
Filing Date: 2025-05-19
Form: 6-K
Chunk 44
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 and considering the risks specific
to the evaluated asset, provided the result obtained is the same as it would be when discounting future cash flows before tax effects
using a pre-tax discount rate. For management purposes, the business is analyzed based on a customer-centric approach and therefore operates
in a single operating segment, which is the provision of several telecommunications services to its customers, both in the mobile and
fixed-line businesses. If the analysis determines that the recoverable amount of the assets is lower than their carrying amount, an additional
impairment is recognized; if the recoverable amount is higher, a reversal of the previously recorded loss is recognized up to the new
recoverable amount or up to the value the assets would have had if the impairment had never been recorded.

| g) | Leases |

A contract is or contains a lease if it conveys
the right to control the use of an identified asset for a period of time in exchange for consideration.

At the lease commencement date (i.e., the date
when the underlying asset is available for use), the lessee recognizes a liability for the present value of the lease payments due over
the lease term, along with a right-of-use asset representing the right to use the underlying asset during the contract term. Right-of-use
assets are measured at cost, less accumulated depreciation and impairment losses, and adjusted for any revaluation of lease liabilities.
The cost of the right-of-use assets includes the amount of any initial direct costs incurred and any lease payments made before the commencement
date, less any lease incentives received. The depreciation of right-of-use assets is calculated on a straight-line basis over the shorter
of their estimated useful life or the lease term.

The Company does not separately recognize non-lease
components from lease components for all asset categories where the relative importance of non-lease components is not significant compared
to the total lease value.

Lease payments include fixed payments (including
fixed payments in substance) less any lease incentives receivable, variable lease payments tied to an index or rate, and any amounts expected
to be paid for residual value guarantees. To calculate the present value of lease payments, TMA uses the incremental borrowing rate at
the lease commencement date. After the commencement date, the lease liability is increased to reflect the accrual of interest and reduced
by payments made. Additionally, the lease liability value is adjusted in certain cases, such as changes in the lease term or changes in
future lease payments due to a change in an index or rate used to