TEO — Telecom Argentina SA Balance Sheet

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Annual balance sheet for Telecom Argentina SA, fiscal year end - December 31st, ARS millions except per share, conversion factor applied.

	R2021 December 31st	2022 December 31st	2023 December 31st	2024 December 31st	2025 December 31st
Period Length:	—	—	—	—	—
Source:	ARS	ARS	ARS	ARS	ARS
Standards:	IFRS	IFRS	IFRS	IFRS	IFRS
Status:	Final	Final	Final	Final	Final
Cash
Cash and Equivalents
Short Term Investments
Cash and Short Term Investments	59,675	48,425	283,743	351,903	792,114
Net Total Accounts Receivable
Net Total Receivables	51,221	51,676	167,727	320,350	950,750
Total Inventory
Prepaid Expenses
Total Other Current Assets
Total Current Assets	126,908	112,980	492,401	754,859	1,833,812
Gross Property, Plant And Equipment
Accumulated Depreciation
Net Property, Plant And Equipment	943,946	855,726	2,487,530	4,821,827	7,516,406
Net Goodwill
Net Intangible Assets
Long Term Investments
Long Term Notes Receivable
Other Long Term Assets
Total Assets	2,101,802	1,728,973	5,477,603	10,941,752	16,622,552
Accounts Payable
Accrued Expenses
Notes Payable / Short Term Debt
Current Portion of Long Term Debt / Capital Leases
Total Other Current Liabilities
Total Current Liabilities	322,544	288,311	1,106,718	1,958,412	3,838,300
Long Term Debt
Capital Lease Obligations
Total Long Term Debt
Total Debt
Deferred Income Tax
Minority Interest
Total Other Liabilities
Total Liabilities	1,047,385	932,632	3,309,724	5,516,749	9,758,691
Common Stock
Additional Paid In Capital
Retained Earnings (Accumulated Deficit)
Other Equity
Total Equity	1,054,417	796,341	2,167,879	5,425,003	6,863,861
Total Liabilities & Shareholders' Equity	2,101,802	1,728,973	5,477,603	10,941,752	16,622,552
Total Common Shares Outstanding