Telecom Argentina Files 6-K with Q1 2024 Financials
Ticker: TCMFF · Form: 6-K · Filed: Jul 8, 2024 · CIK: 932470
| Field | Detail |
|---|---|
| Company | Telecom Argentina SA (TCMFF) |
| Form Type | 6-K |
| Filed Date | Jul 8, 2024 |
| Risk Level | low |
| Pages | 14 |
| Reading Time | 16 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: financials, foreign-private-issuer, sec-filing
TL;DR
Telecom Argentina dropped Q1 2024 financials, check 'em out.
AI Summary
Telecom Argentina S.A. filed a Form 6-K on July 8, 2024, reporting unaudited condensed consolidated financial statements as of March 31, 2024. The filing also includes information on operating and financial performance. Telecom Argentina S.A. is a foreign private issuer based in Buenos Aires, Argentina.
Why It Matters
This filing provides investors with an update on Telecom Argentina's financial health and operational performance for the first quarter of 2024, crucial for assessing the company's current standing.
Risk Assessment
Risk Level: low — This is a routine financial filing (6-K) and does not contain any immediately alarming or unusual information.
Key Numbers
- 001-13464 — Commission File Number (Identifies the specific SEC filing for Telecom Argentina S.A.)
Key Players & Entities
- TELECOM ARGENTINA SA (company) — Registrant
- 001-13464 (dollar_amount) — Commission File Number
- March 31, 2024 (date) — Reporting period for financial statements
- July 8, 2024 (date) — Filing date
FAQ
What is the primary purpose of this Form 6-K filing?
The primary purpose is to report unaudited condensed consolidated financial statements as of March 31, 2024, and provide information on operating and financial performance.
What is the company's name and location?
The company is Telecom Argentina S.A., located at General Hornos, No. 690, 1272 Buenos Aires, Argentina.
What is the Commission File Number for this filing?
The Commission File Number is 001-13464.
What period do the unaudited financial statements cover?
The unaudited condensed consolidated financial statements are as of March 31, 2024.
Is Telecom Argentina S.A. required to file Form 20-F or 40-F annually?
Yes, Telecom Argentina S.A. indicates it files annual reports under cover of Form 20-F.
Filing Stats: 4,082 words · 16 min read · ~14 pages · Grade level 13.3 · Accepted 2024-07-08 12:44:40
Filing Documents
- tm2418674d3_6k.htm (6-K) — 1051KB
- 0001104659-24-078252.txt ( ) — 1053KB
financial statements
financial statements. (2) Correspond to the Voluntary reserve to maintain the Company's level of capital expenditures and its current solvency level. The accompanying notes are an integral part of these unaudited condensed consolidated financial statements. F- 6 CONSOLIDATED STATEMENTS OF CASH FLOWS (In millions of Argentine pesos in current currency – Note 1.d) Three-month period ended March 31, Note 2024 2023 CASH FLOWS FROM (USED IN) OPERATING ACTIVITIES Net income for the period 675,032 110,477 Adjustments to reconcile net income to net cash flows provided by operating activities Allowances deducted from assets 19,009 23,074 Depreciation of PP&E 7 177,941 205,796 Amortization of intangible assets 8 20,873 33,299 Amortization of rights of use assets 9 34,386 24,118 Disposals of Fixed Assets and consumption of materials 338 268 Earnings (losses) from associates and joint ventures 2.a 1,359 (1,648) Financial results and others (950,299) (108,452) Income tax 13 210,826 (45,665) Income tax paid (*) (252) (1,133) Net increase in assets 2.b (120,468) (103,848) Net increase in liabilities 2.b 102,484 69,832 Total cash flows from operating activities 171,229 206,118 CASH FLOWS FROM (USED IN) INVESTING ACTIVITIES Payments for PP&E (68,032) (68,606) Payments for intangible asset acquisitions (5,991) (3,305) Dividends from associates 2.b 281 - Proceeds from the sale of PP&E and intangible assets 2,566 4 Payments for investments not considered as cash and cash equivalents (161,394) (166,473) Proceeds from sale of investments not considered as cash and cash equivalents 8,352 698 Total cash flows used in investing activities (224,218) (237,682) CASH FLOWS FROM (USED IN) FINANCING ACTIVITIES Proceeds from borrowings 2.b 191,171 163,080 Payment of borrowings 2.b (73,487) (65,015) Payment of interests and related expenses 2.b (76,409) (70,7