Telecom Argentina SA 6-K Filing

FAQ

Key Financial Figures

• $111,746 million — tructuring plan, which had an impact of $111,746 million and $56,309 million on results, respect
• $56,309 million — h had an impact of $111,746 million and $56,309 million on results, respectively, recognized as

Filing Documents

• tm2530542d4_6k.htm (6-K) — 1293KB
• 0001104659-25-110392.txt ( ) — 1294KB

FINANCIAL STATEMENTS

FINANCIAL STATEMENTS AS OF SEPTEMBER 30, 2025 INDEX Glossary of terms F-1 Unaudited condensed consolidated financial statements Consolidated F-3 Consolidated income statements F-4 Consolidated F-5 Consolidated F-6 Consolidated F-7 Notes to the unaudited condensed consolidated financial statements F-9 TELECOM ARGENTINA S.A. Glossary of terms The following explanations are not technical definitions, but to assist the general reader to understand certain terms as used in these unaudited condensed consolidated financial statements. ADS: Telecom Argentina’s American Depositary Share, listed on the New York Stock Exchange, each representing five Class B Shares. ADR: American Depositary Receipt. ARCA (Agencia de Recaudación y Control Aduanero): Argentine Tax Collection and Customs Control Agency. BCRA (Banco Central de la República Argentina): The Central Bank of Argentina. BYMA (Bolsas y Mercados Argentinos): Buenos Aires Stock Exchange . CAPEX: Capital expenditures. CNV (Comisión Nacional de Valores): The Argentine National Securities Commission. CNDC (Comisión Nacional de Defensa de la Competencia): The Argentine Antitrust Commission. Company/Telecom Argentina : Telecom Argentina S.A. CVH: Cablevisión Holding S.A., controlling company of Telecom Argentina since January 1, 2018. DFI: Derivate Financial Instrument. ENACOM (Ente Nacional de Telecomunicaciones): The Telecommunications Regulatory Authority of Argentina. FACPCE (Federación Argentina de Consejos Profesionales en Ciencias Económicas): Argentine Federation of Professional Councils of Economic Sciences. Fintech: Financial technology services are activities that involve the use of innovation and technological developments for the design, offer and provision of financial products and servi

properties

properties 55,001 - Total non-current assets 13,891,767 12,424,547 TOTAL ASSETS 15,630,443 13,345,219 LIABILITIES Current Liabilities Trade payables 961,988 542,367 Borrowings 7 1,433,449 1,308,379 Salaries and social security payables 356,894 275,963 Income tax liabilities 8 40,700 5,562 Other taxes payables 241,607 110,577 Dividends payables 1,027 837 Leases liabilities 141,454 90,902 Other liabilities 76,060 49,273 Provisions 9 72,279 4,737 Total current liabilities 3,325,458 2,388,597 Non-Current Liabilities Trade payables 17,692 20,095 Borrowings 7 3,687,475 2,201,807 Salaries and social security payables 55,649 11,548 Deferred income tax liabilities 8 1,479,121 1,720,619 Other taxes payables 1 2 Leases liabilities 224,455 168,856 Other liabilities 50,840 18,696 Provisions 9 251,427 64,459 Total non-current liabilities 5,766,660 4,206,082 TOTAL LIABILITIES 9,092,118 6,594,679 EQUITY Equity attributable to Controlling Company 6,436,731 6,616,647 Equity attributable to non-controlling interest 101,594 133,893 TOTAL EQUITY (See Consolidated Statements of Changes in Equity) 6,538,325 6,750,540 TOTAL LIABILITIES AND EQUITY 15,630,443 13,345,219 The accompanying notes are an integral part of these unaudited condensed consolidated financial statements. F-3 TELECOM ARGENTINA S.A. CONSOLIDATED INCOME STATEMENTS (In millions of Argentine pesos in current currency, except per share data in Argentine pesos in current currency - Note 1.d) Three month period ended Nine month period ended September 30, September 30, Note 2025 2024 2025 2024 Revenues 12 2,065,211 1,295,358 5,622,561 3,758,165 Employee benefit expenses and severance payments (507,333) (332,331) (1,358,615) (915,085) Interconnection and transmission costs (100,726) (33,558) (200,813) (112,382) Fees for services, maintenance,

FINANCIAL STATEMENTS AS OF SEPTEMBER 30, 2025, AND 2024

FINANCIAL STATEMENTS AS OF SEPTEMBER 30, 2025, AND 2024 (In millions of Argentine pesos in current currency, except as otherwise indicated) INDEX Page Note 1 – Basis of preparation of the unaudited condensed consolidated financial statements and significant accounting policies F-10 Note 2 – Cash and cash equivalents and Investments. F-18 Note 3 – Goodwill F-20 Note 4 – PP&E F-20 Note 5 – Intangible assets F-21 Note 6 – Right of use assets F-21 Note 7 – Borrowings F-21 Note 8 – Income tax and Deferred income tax assets/liabilities F-24 Note 9 – Provisions and allowances F-25 Note 10 – Additional information of financial assets and liabilities F-26 Note 11 – Purchase commitments F-28 Note 12 – Revenues F-28 Note 13 – Operating expenses F-28 Note 14 – Financial results F-29 Note 15 – Balances and transactions with Related parties F-29 Note 16 – Recent developments corresponding to the nine-month period ended September 30, 2025 F-31 Note 17– Subsequent events to September 30, 2025 F-33 F-9 TELECOM ARGENTINA S.A. NOTE 1 – BASIS OF PREPARATION OF THE UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS AND SIGNIFICANT ACCOUNTING POLICIES a) Basis of preparation and significant accounting policies These unaudited condensed consolidated financial statements as of September 30, 2025, and for the nine and three-month periods ended on September 30, 2025, have been prepared in accordance with IAS 34 “Interim Financial Reporting”. Therefore, these financial statements do not include all the information required in an annual financial statement and, consequently, they must be read jointly with the annual financial statements as of December 31, 2024 included in form 20F 2024, which can be consulted at the Company´s website ( https:// https://inversores.telecom.com.ar/en/quarterly-earnings.h

financial statements are not comparable

financial statements are not comparable. These unaudited condensed consolidated financial statements were prepared following the same accounting policies as in the most recent annual financial (i) measurement of financial assets: assets that are held for collection of contractual cash flows and for selling, where the assets’ cash flows represent solely payments of principal and interest, are measured at fair value through other comprehensive income. Movements in the carrying amount are taken through other comprehensive income, except for the recognition of impairment gains or losses, interest income and foreign exchange gains and losses, which are recognized in profit or loss, within “Other financial results, net”. When the financial asset is derecognized, the cumulative gain or loss previously recognized in other comprehensive income is reclassified from equity to profit or loss, (ii) Investment properties, which is recorded initially at cost, and then at cost less accumulated depreciation, and comprise primarily land and buildings that are not occupied for its own operations, and the depreciation is calculated on a straight-line basis for the estimated useful life of 50 years, (calculated in accordance with technical studies, periodically reviewed) and (iii) termination benefits plans: additionally to what is mentioned in Note 3.o) to the annual financial statements as of December 31, 2024, Telecom recognizes costs for a restructuring according to IAS 37 (i.e., it has a detailed formal plan for the restructuring, and it has raised a valid expectation in those affected that it will carry out the restructuring) and when involves the payment of terminations benefits. These termination benefit plans correspond to the TMA subsidiary and are recognized in the line “Salaries and social security payables” in the consolidated statements of financial posit

View Full Filing

View this 6-K filing on SEC EDGAR