← TELECOM ARGENTINA SA

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Cash flows from operating activities:
Net income (loss) for the year $4.0b $7.7b $5.5b ($3.9b) ($5.1b) $9.9b ($205.6b) ($249.7b) $1.0t ($145.3b)
Net Income — — — — — — ($1.4t) ($738.3b) $1.3t ($170.0b)
Net Income From Continuing Operations — — — — — — ($1.4t) ($715.3b) $1.4t ($145.3b)
Depreciation of PP&E $4.4b $5.0b $27.6b $47.0b $65.7b $108.4b $198.8b $544.5b $998.0b $1.5t
Amortization of intangible assets $1.8b $1.9b $5.4b $8.3b $10.6b $15.6b $28.6b $87.9b $116.3b $234.7b
Amortization of rights of use assets — $8.0m $150.0m $3.5b $5.9b $10.3b $21.7b $71.7b $198.2b $278.6b
Amortization Cash Flow — — — — — — $194.3b $251.8b $152.9b $234.7b
Amortization Of Intangibles — — — — — — $194.3b $251.8b $152.9b $234.7b
Depreciation — — — — — — $1.5t $1.8t $1.6t $1.8t
Depreciation Amortization Depletion — — — — — — $1.7t $2.0t $1.7t $2.0t
Deferred Income Tax — — — — — — ($179.7b) ($969.0b) $538.2b ($46.4b)
Deferred Tax — — — — — — ($179.7b) ($969.0b) $538.2b ($46.4b)
Impairment of goodwill — — — — — $1.3b $244.0b — — $15.9b
Asset Impairment Charge — — — — — — $1.7t $0 $0 $15.9b
Adjustments For Income Tax Expense $1.6b $3.9b ($2.8b) $14.2b $8.3b $33.3b ($26.5b) ($338.3b) $499.0b ($46.4b)
Proceeds From Sales Of Investments Other Than Investments Accounted For Using Equity Method — $176.0m — — — — — — $406.1b $442.8b
Income tax expenses $1.6b $3.9b ($2.8b) $14.2b $8.3b $33.3b ($26.5b) ($338.3b) $409.2b ($46.4b)
Payment of interests, DFI and related expenses — — — — — — ($313.4b) ($450.7b) ($325.4b) ($514.4b)
Earnings (Loss)es From Equity Investments — — — — — ($2.4b) ($5.6b) $1.9b $11.5b —
Additional Financial Items
Adjustments For Decrease Increase In Trade Account Receivable ($2.8b) ($2.1b) ($4.1b) $3.3b ($7.3b) ($12.9b) ($26.1b) ($178.0b) ($318.1b) ($224.7b)
Adjustments For Gain Loss On Disposal Of Investments In Subsidiaries Joint Ventures And Associates — — — — — — — ($1.9b) — —
Adjustments For Increase Decrease In Trade Account Payable ($1.4b) $1.1b $885.0m ($17.0b) ($7.0b) $6.6b $39.1b $338.3b $25.5b ($18.0b)
Adjustments For Undistributed Profits Of Associates — — $236.0m ($187.0m) $496.0m $395.0m $819.0m — — —
Goodwill — — $120.4b $185.1b $251.9b $379.2b $494.8b $1.5t $4.1t $4.4t
Payments Of Lease Liabilities Classified As Financing Activities — — — $3.6b $5.2b $6.6b $15.3b $44.2b $112.2b $196.2b
Proceeds From Borrowings Classified As Financing Activities $9.3b $1.7b $27.8b $58.5b $56.0b $64.2b $85.2b $388.2b $1.5t $4.0t
Purchase Of Intangible Assets Classified As Investing Activities — — — — — — — $199.6b $56.2b $135.6b
Repayments Of Borrowings Classified As Financing Activities $2.9b $3.0b $4.5b $36.5b $65.4b $50.3b $68.3b $228.6b $1.4t $2.6t
Allowances deducted from assets — $1.3b $5.6b $10.0b $11.4b $9.5b $19.1b $39.7b $75.9b $160.1b
Disposals of Fixed and intangible assets $2.0b $1.7b $579.0m $268.0m $660.0m $2.7b $4.8b $388.0m $1.7b $147.3b
Losses from associates and joint ventures — — — — — — ($5.6b) $4.1b $11.5b $3.7b
Financial results and others $1.9b $2.3b $14.8b $16.7b $25.7b ($47.9b) ($48.8b) $280.6b ($1.8t) $624.5b
Increase Trade receivables — — — — — — — — ($343.1b) ($224.7b)
Decrease / (Increase) Other receivables — — — — — — — — ($106.9b) ($15.7b)
Decrease / (Increase) Inventories — — — — — — — — ($8.4b) $71.4b
(Decrease) / Increase Trade payables — — — — — — — — $27.5b ($18.0b)
Increase Salaries and social security payables — — — — — — — — $110.0b $62.1b
(Decrease) / Increase Other taxes payables — — — — — — — — $85.1b ($250.8b)
(Decrease) / Increase Other Liabilities and Provisions — — — — — — — — ($9.7b) ($31.9b)
Payments for PP&E ($9.5b) ($10.7b) ($39.6b) ($49.2b) ($52.3b) ($73.6b) ($117.3b) ($263.9b) ($348.1b) ($1.4t)
Payments for intangible asset acquisitions — — — — — ($15.4b) ($16.3b) ($199.6b) ($46.1b) ($135.6b)
Proceeds from the sale of PP&E and intangible assets $16.0m $13.0m $6.0m $102.0m $53.0m $157.0m $358.0m $1.2b $5.9b $37.2b
Payments for acquisition of subsidiary, net of cash acquired — — — — — — ($407.0m) — ($18.2b) ($1.3t)
Compensation received for acquisition of companies — — — — — — — — $3.2b $1.7b
Proceeds from DFI liquidations — — — — — — — $52.5b $3.9b $33.9b
Proceeds from borrowings $9.3b $1.7b $27.8b $58.5b $56.0b $64.2b $85.2b $388.2b $1.2t $4.0t
Payment of borrowings ($2.9b) ($3.0b) ($4.5b) ($36.5b) ($65.4b) ($50.3b) ($68.3b) ($228.6b) ($1.1t) ($2.6t)
Repurchase of Notes — — — — — — — — ($26.5b) ($15.0b)
Payments of leases liabilities — — — ($3.6b) ($5.2b) ($6.6b) ($15.3b) ($44.2b) ($92.0b) ($196.2b)
Transaction with non-controlling interests — — — — — ($115.0m) — ($590.0m) ($27.5b) —
Beginning Cash Position — — — — — — $262.2b $357.3b $457.7b $418.7b
Cash Flow From Continuing Financing Activities — — — — — — ($310.6b) ($275.5b) ($533.6b) $613.0b
Cash Flow From Continuing Investing Activities — — — — — — ($1.1t) ($1.6t) ($504.4b) ($3.0t)
Change In Account Payable — — — — — — $375.3b $969.0b $27.5b ($18.0b)
Change In Accrued Expense — — — — — $60.1b $128.5b $72.5b $83.6b —
Change In Income Tax Payable — — — — — — ($78.9b) $126.0b $85.1b ($250.8b)
Change In Inventory — — — — — — ($15.9b) ($59.8b) ($8.4b) $71.4b
Change In Other Current Liabilities — — — — — — ($4.1b) $51.6b ($9.7b) ($31.9b)
Change In Other Working Capital — — — — — — — $207.6b $110.0b $62.1b
Change In Payable — — — — — — $296.4b $1.1t $112.6b ($268.8b)
Change In Payables And Accrued Expense — — — — — — $424.8b $1.1t $112.6b ($268.8b)
Change In Receivables — — — — — — ($377.4b) ($767.2b) ($450.1b) ($240.4b)
Change In Tax Payable — — — — — — ($78.9b) $126.0b $85.1b ($250.8b)
Change In Working Capital — — — — — — $27.4b $527.2b ($245.7b) ($407.5b)
Changes In Account Receivables — — — — — — ($224.2b) ($509.8b) ($343.1b) ($224.7b)
Changes In Cash — — — — — — $16.0b ($137.6b) $29.5b ($12.8b)
End Cash Position — — — — — — $271.6b $457.7b $418.7b $469.1b
Financing Cash Flow — — — — — — ($310.6b) ($275.5b) ($533.6b) $613.0b
Free Cash Flow — — — — — — $620.8b $441.7b $548.9b $895.2b
Gain Loss On Sale Of Business — — — — — — — $5.4b $15.1b $3.7b
Gain Loss On Sale Of PPE — — — — — — $32.8b $1.5b $2.2b $147.3b
Investing Cash Flow — — — — — — ($1.1t) ($1.6t) ($504.4b) ($3.0t)
Net Business Purchase And Sale — — — — — — ($2.8b) $62.6b ($8.8b) ($1.3t)
Net Intangibles Purchase And Sale — — — — — — ($35.4b) ($571.7b) ($60.6b) ($135.6b)
Net PPE Purchase And Sale — — — — — — ($792.7b) ($752.8b) ($450.2b) ($1.3t)
Operating Gains Losses — — — — — — $27.2b $6.9b $17.3b $151.0b
Other Non Cash Items — — — — — — ($434.3b) $803.4b ($2.4t) $624.5b
Provisionand Write Offof Assets — — — — — — $129.7b $113.8b $99.9b $160.1b
Purchase Of Business — — — — — — ($2.8b) ($6.5b) ($18.2b) ($1.3t)
Purchase Of Intangibles — — — — — — ($35.4b) ($571.7b) ($60.6b) ($135.6b)
Purchase Of PPE — $10.7b $39.6b $49.2b $52.3b $73.6b ($795.1b) ($756.1b) ($458.0b) ($1.4t)
Sale Of Business — — — — — — $0 $69.1b $9.4b $35.6b
Sale Of PPE — — — — — — $2.4b $3.3b $7.8b $37.2b
Profit or Loss $4.0b $7.7b $5.5b ($3.9b) ($5.1b) $9.9b ($205.6b) ($249.7b) $1.3t ($145.3b)
Total cash flows used in investing activities ($11.3b) ($14.3b) ($31.3b) ($44.8b) ($83.1b) ($115.1b) ($165.9b) ($593.7b) ($383.4b) ($3.0t)
Total cash flows from (used in) financing activities $2.8b ($6.3b) ($14.6b) ($25.0b) ($35.8b) ($20.3b) ($45.8b) ($72.0b) ($405.6b) $613.0b
Proceeds From Sales Of Property Plant And Equipment Classified As Investing Activities $19.0m $27.0m — — — — — — — —
Capital Expenditure — — — — — — ($830.5b) ($1.3t) ($518.6b) ($1.5t)
Net Investment Purchase And Sale — — — — — — $0 ($7.2b) $0 $0
Purchase Of Investment — — — — — — $0 ($7.2b) $0 $0
Proceeds from sale of investments not considered as cash and cash equivalents — — — — — — $96.4b $304.5b $333.0b $442.8b
Sale Of Investment — — — — — — $0 $52.5b $3.9b —
Net Other Investing Changes — — — — — — ($298.1b) ($366.1b) $13.9b ($289.5b)
Cash flows from financing activities:
Issuance Of Debt — — — — — — $577.9b $1.1t $1.6t $4.0t
Long Term Debt Issuance — — — — — — $577.9b $1.1t $1.6t $4.0t
Net Issuance Payments Of Debt — — — — — — $11.1b $330.7b ($56.8b) $1.2t
Net Long Term Debt Issuance — — — — — — $11.1b $330.7b ($56.8b) $1.2t
Long Term Debt Payments — — — — — — ($566.7b) ($781.3b) ($1.6t) ($2.8t)
Repayment Of Debt — — — — — — ($566.7b) ($781.3b) ($1.6t) ($2.8t)
Dividends paid ($2.0b) ($4.2b) ($34.1b) $300.0m ($367.0m) ($744.0m) ($1.2b) — — ($20.3b)
Payments of Dividends — — — $300 — — — — — —
Dividends Paid Classified As Financing Activities $2.0b $4.2b $34.1b $35.5b $367.0m $744.0m $1.2b — — $20.3b
Dividends Proposed Or Declared Before Financial Statements Authorised For Issue But Not Recognised As Distribution To Owners — $2k — — — — — — — —
Dividends received from associates — — — — — $1k $2k $1k $1k $7
Cash Dividends Paid — — — — — — $0 $0 $0 ($20.3b)
Common Stock Dividend Paid — — — — — — ($1.2b) $0 $0 ($20.3b)
Dividends Received CFI — — — — — — $4.2b $3.4b $1.3b $7.0m
Net Other Financing Charges — — — — — — ($8.3b) ($13.2b) ($48.8b) ($17.6b)
Effect Of Exchange Rate Changes — — — — — — ($6.6b) $238.1b ($68.5b) $63.1b
NET INCREASE IN CASH AND CASH EQUIVALENTS ($149.0m) $1.6b ($3.5b) $12.1b ($17.6b) ($5.4b) $2.4b ($48.0b) $22.5b ($12.8b)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents — — — $25.6b $18.5b — — — — —
Payments for investments not considered as cash and cash equivalents — — — — — — ($394.5b) ($582.8b) ($322.4b) ($732.3b)
CASH AND CASH EQUIVALENTS AT THE BEGINNING OF THE YEAR $870.0m $3.9b $6.9b $10.6b $34.8b $28.0b $38.7b $159.8b $318.3b $469.1b
NET FOREIGN EXCHANGE DIFFERENCES AND RECPAM ON CASH AND CASH EQUIVALENTS $924.0m $57.0m $3.8b $2.9b $1.3b ($2.7b) ($972.0m) $83.1b ($52.1b) $63.1b
Change In Cash Supplemental As Reported — — — — — — $16.0b ($137.6b) $29.5b ($12.8b)
Interest Paid Classified As Financing Activities $1.6b $848.0m $3.7b $7.9b $20.9b $26.8b $46.2b $182.9b $391.0b $485.5b
Income tax paid ($1.7b) ($2.4b) ($5.9b) ($1.7b) ($1.9b) ($2.3b) ($10.1b) ($5.1b) ($7.4b) ($15.0b)

Data sourced from SEC EDGAR 10-K filings via EdgarTools. Amounts are shown in USD as reported in each fiscal year filing.

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.