1 |
English translation of the consolidated financial statements originally filed in Spanish with the Argentine Securities Commission ("CNV").
In case of discrepancy, the consolidated financial statements filed with the CNV prevail over this translation.
|
CENTRAL PUERTO S.A.
|
Class of shares
|
Subscribed, paid-in, issued and registered
|
1,514,022,256 common, outstanding book-entry shares, with face value of 1 each and entitled to one vote per share.
|
1,514,022,256
|
2 |
English translation of the consolidated financial statements originally filed in Spanish with the Argentine Securities Commission ("CNV").
In case of discrepancy, the consolidated financial statements filed with the CNV prevail over this translation.
|
CENTRAL PUERTO S.A.
|
9 months
|
3 months
| ||||
Unaudited
|
Unaudited
| ||||
Notes
|
01-01-2021 to
09-30-2021
|
01-01-2020 to
09-30-2020
|
07-01-2021 to
09-30-2021
|
07-01-2020 to
09-30-2020
| |
ARS 000
|
ARS 000
|
ARS 000
|
ARS 000
| ||
Revenues
|
4
|
39,013,126
|
39,480,642
|
13,297,222
|
13,843,395
|
Cost of sales
|
Exhibit F
|
(20,574,804)
|
(16,806,722)
|
(6,935,038)
|
(5,514,677)
|
Gross income
|
18,438,322
|
22,673,920
|
6,362,184
|
8,328,718
| |
Administrative and selling expenses
|
Exhibit H
|
(2,927,776)
|
(2,896,340)
|
(1,145,007)
|
(915,001)
|
Other operating income
|
5.1
|
8,443,318
|
14,128,826
|
1,856,525
|
2,465,229
|
Other operating expenses
|
5.2
|
(2,047,517)
|
(566,707)
|
(1,422,786)
|
6,997
|
Impairment of property, plant and equipment and intangible assets
|
(4,260,334)
|
(2,054,624)
|
-
|
-
| |
Operating income
|
17,646,013
|
31,285,075
|
5,650,916
|
9,885,943
| |
Loss on net monetary position
|
28,912
|
1,287,816
|
(219,553)
|
491,351
| |
Finance income
|
5.3
|
603,740
|
3,927,860
|
264,280
|
1,413,358
|
Finance expenses
|
5.4
|
(13,744,668)
|
(22,327,630)
|
(2,102,551)
|
(6,742,122)
|
Share of the profit of associates
|
(600,613)
|
102,133
|
163,678
|
154,624
| |
Income before income tax
|
3,933,384
|
14,275,254
|
3,756,770
|
5,203,154
| |
Income tax for the period
|
6
|
(5,291,852)
|
(5,540,616)
|
(1,067,987)
|
(1,716,279)
|
Net (loss) income for the period
|
(1,358,468)
|
8,734,638
|
2,688,783
|
3,486,875
| |
Total comprehensive (loss) income for the period
|
(1,358,468)
|
8,734,638
|
2,688,783
|
3,486,875
| |
Attributable to:
| |||||
-Equity holders of the parent
|
(1,420,778)
|
8,679,506
|
2,660,846
|
3,464,289
| |
-Non-controlling interests
|
62,310
|
55,132
|
27,937
|
22,586
| |
(1,358,468)
|
8,734,638
|
2,688,783
|
3,486,875
| ||
Basic and diluted (loss) earnings per share (ARS)
|
(0.94)
|
5.77
|
1.77
|
2.30
|
3 |
English translation of the consolidated financial statements originally filed in Spanish with the Argentine Securities Commission ("CNV").
In case of discrepancy, the consolidated financial statements filed with the CNV prevail over this translation.
|
CENTRAL PUERTO S.A.
|
09-30-2021
|
12-31-2020
| ||||
Notes
|
Unaudited
|
Audited
| |||
ARS 000
|
ARS 000
| ||||
Assets
| |||||
Non-current assets
| |||||
Property, plant and equipment
|
Exhibit A
|
106,260,194
|
108,452,454
| ||
Intangible assets
|
Exhibit B
|
6,222,683
|
9,236,580
| ||
Investment in associates
|
5,659,014
|
6,387,732
| |||
Trade and other receivables
|
7.1
|
30,618,698
|
40,265,700
| ||
Other non-financial assets
|
8.1
|
254,607
|
663,035
| ||
Inventories
|
546,373
|
901,349
| |||
Deferred tax asset
|
6
|
1,051,052
|
134,739
| ||
150,612,621
|
166,041,589
| ||||
Current assets
| |||||
Inventories
|
674,852
|
1,101,451
| |||
Other non-financial assets
|
8.1
|
1,025,068
|
1,233,116
| ||
Trade and other receivables
|
7.1
|
23,055,307
|
25,659,189
| ||
Other financial assets
|
7.4
|
16,663,264
|
19,278,621
| ||
Cash and cash equivalents
|
275,593
|
381,699
| |||
41,694,084
|
47,654,076
| ||||
Property, plant and equipment available for sale
|
11.1
|
-
|
3,231,455
| ||
Total assets
|
192,306,705
|
216,927,120
| |||
Equity and liabilities
| |||||
Equity
| |||||
Capital stock
|
1,514,022
|
1,514,022
| |||
Adjustment to capital stock
|
35,647,985
|
35,647,985
| |||
Legal reserve
|
5,728,456
|
5,256,504
| |||
Voluntary reserve
|
75,364,040
|
66,396,960
| |||
Other equity accounts
|
(2,692,796)
|
(2,692,796)
| |||
Retained earnings
|
(1,413,240)
|
9,446,570
| |||
Equity attributable to holders of the parent
|
114,148,467
|
115,569,245
| |||
Non-controlling interests
|
131,179
|
175,743
| |||
Total equity
|
114,279,646
|
115,744,988
| |||
Non-current liabilities
| |||||
Other non-financial liabilities
|
8.2
|
5,453,188
|
7,196,183
| ||
Other loans and borrowings
|
7.3
|
35,628,599
|
42,244,490
| ||
Compensation and employee benefits liabilities
|
8.3
|
447,528
|
430,886
| ||
Provisions
|
45,403
|
62,184
| |||
Deferred income tax liabilities
|
6
|
14,561,687
|
12,326,076
| ||
56,136,405
|
62,259,819
| ||||
Current liabilities
| |||||
Trade and other payables
|
7.2
|
4,106,810
|
3,486,254
| ||
Other non-financial liabilities
|
8.2
|
3,839,789
|
3,083,194
| ||
Other loans and borrowings
|
7.3
|
11,413,986
|
27,562,044
| ||
Compensation and employee benefits liabilities
|
8.3
|
1,226,463
|
1,395,490
| ||
Income tax payable
|
1,274,960
|
3,347,594
| |||
Provisions
|
Exhibit E
|
28,646
|
47,737
| ||
21,890,654
|
38,922,313
| ||||
Total liabilities
|
78,027,059
|
101,182,132
| |||
Total equity and liabilities
|
192,306,705
|
216,927,120
|
4 |
English translation of the consolidated financial statements originally filed in Spanish with the Argentine Securities Commission ("CNV").
In case of discrepancy, the consolidated financial statements filed with the CNV prevail over this translation.
|
CENTRAL PUERTO S.A.
|
Attributable to holders of the parent
|
Non-controlling interests
|
Total
| |||||||||||||||
Capital stock
|
Retained earnings
|
Other
equity
accounts
|
Unappropriated retained earnings
|
Total
| |||||||||||||
Face
value(1)
|
Adjustment to capital stock
|
Legal
reserve
|
Voluntary reserve
| ||||||||||||||
ARS 000
|
ARS 000
|
ARS 000
|
ARS 000
|
ARS 000
|
ARS 000
|
ARS 000
|
ARS 000
|
ARS 000
| |||||||||
As of January 1, 2021
|
1,514,022
|
35,647,985
|
5,256,504
|
66,396,960
|
(2,692,796)
|
9,446,570
|
115,569,245
|
175,743
|
115,744,988
| ||||||||
Net (loss) income for the period
|
-
|
-
|
-
|
-
|
-
|
(1,420,778)
|
(1,420,778)
|
62,310
|
(1,358,468)
| ||||||||
Total comprehensive (loss) income for the period
|
-
|
-
|
-
|
-
|
-
|
(1,420,778)
|
(1,420,778)
|
62,310
|
(1,358,468)
| ||||||||
Increase in legal reserve
|
-
|
-
|
471,952
|
-
|
-
|
(471,952)
|
-
|
-
|
-
| ||||||||
Increase in voluntary reserve
|
-
|
-
|
-
|
8,967,080
|
-
|
(8,967,080)
|
-
|
-
|
-
| ||||||||
DividEnds in cash distributed by a subsidiary(2)
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
(106,874)
|
(106,874)
| ||||||||
As of September 30, 2021
|
1,514,022
|
35,647,985
|
5,728,456
|
75,364,040
|
(2,692,796)
|
(1,413,240)
|
114,148,467
|
131,179
|
114,279,646
|
5 |
English translation of the consolidated financial statements originally filed in Spanish with the Argentine Securities Commission ("CNV").
In case of discrepancy, the consolidated financial statements filed with the CNV prevail over this translation.
|
CENTRAL PUERTO S.A.
|
Attributable to holders of the parent
|
Non-controlling interests
|
Total
| |||||||||||||||
Capital stock
|
Retained earnings
|
Other
equity
accounts
|
Unappropriated retained earnings
|
Total
| |||||||||||||
Face
value(1)
|
Adjustment to capital stock
|
Legal
reserve
|
Voluntary reserve
| ||||||||||||||
ARS 000
|
ARS 000
|
ARS 000
|
ARS 000
|
ARS 000
|
ARS 000
|
ARS 000
|
ARS 000
|
ARS 000
| |||||||||
As of January 1, 2020
|
1,514,022
|
35,647,985
|
4,435,279
|
49,431,175
|
-
|
17,787,009
|
108,815,470
|
1,474,334
|
110,289,804
| ||||||||
Net income for the period
|
-
|
-
|
-
|
-
|
-
|
8,679,506
|
8,679,506
|
55,132
|
8,734,638
| ||||||||
Total comprehensive income for the period
|
-
|
-
|
-
|
-
|
-
|
8,679,506
|
8,679,506
|
55,132
|
8,734,638
| ||||||||
Increase in legal reserve
|
-
|
-
|
821,225
|
-
|
-
|
(821,225)
|
-
|
-
|
-
| ||||||||
Increase in voluntary reserve
|
-
|
-
|
-
|
16,965,785
|
-
|
(16,965,785)
|
-
|
-
|
-
| ||||||||
Dividends in cash distributed by a subsidiary(2)
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
(87,595)
|
(87,595)
| ||||||||
Transaction with non-controlling interest (Note 10)
|
-
|
-
|
-
|
-
|
(2,692,796)
|
-
|
(2,692,796)
|
(1,305,907)
|
(3,998,703)
| ||||||||
Share-based payments
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
2,128
|
2,128
| ||||||||
As of September 30, 2020
|
1,514,022
|
35,647,985
|
5,256,504
|
66,396,960
|
(2,692,796)
|
8,679,505
|
114,802,180
|
138,092
|
114,940,272
|
6 |
English translation of the consolidated financial statements originally filed in Spanish with the Argentine Securities Commission ("CNV").
In case of discrepancy, the consolidated financial statements filed with the CNV prevail over this translation.
|
CENTRAL PUERTO S.A.
|
09-30-2021
|
09-30-2020
| ||
Unaudited
| |||
ARS 000
|
ARS 000
| ||
Operating activities
| |||
Income for the period before income tax
|
3,933,384
|
14,275,254
| |
Adjustments to reconcile income for the period before income tax to net cash flows:
| |||
Depreciation of property, plant and equipment
|
5,010,402
|
3,440,136
| |
Amortization of intangible assets
|
2,146,566
|
2,397,503
| |
Impairment of property, plant and equipment and intangible assets
|
4,260,334
|
2,054,624
| |
Income from sale of property, plant and equipment
|
(96,324)
|
-
| |
(Recovery) Discount of tax receivables
|
(187,567)
|
32,839
| |
Interest earned from customers
|
(2,651,478)
|
(3,328,858)
| |
Trade and tax interests lost
|
566,226
|
509,426
| |
Finance income
|
(603,740)
|
(3,927,860)
| |
Finance expenses
|
13,744,668
|
22,327,630
| |
Share of the profit of associates
|
600,613
|
(102,133)
| |
Share-based payments
|
-
|
2,128
| |
Movements in provisions and long-term employee benefit plan expense
|
178,089
|
148,277
| |
Foreign exchange difference for trade receivables
|
(5,601,329)
|
(10,767,383)
| |
Loss on net monetary position
|
(738,572)
|
(11,522,065)
| |
Working capital adjustments:
| |||
Decrease in trade and other receivables
|
1,355,658
|
14,981,087
| |
Decrease in other non-financial assets and inventories
|
151,149
|
404,287
| |
Decrease in trade and other payables, other non-financial liabilities and liabilities from employee benefits
|
(3,349,205)
|
(9,650,899)
| |
18,718,874
|
21,273,993
| ||
Trade and tax interests paid
|
(566,226)
|
-
| |
Interest received from customers
|
2,599,253
|
3,078,280
| |
Income tax paid
|
(3,991,506)
|
(4,762,818)
| |
Net cash flows provided by operating activities
|
16,760,395
|
19,589,455
| |
Investing activities
| |||
Purchase of property, plant and equipment
|
(4,734,508)
|
(12,919,996)
| |
Sale of property, plant and equipment
|
3,307,763
|
-
| |
Dividends received
|
128,090
|
193,088
| |
Sale of available-for-sale financial assets, net
|
(2,966,148)
|
(6,269,806)
| |
Net cash flows used in investing activities
|
(4,264,803)
|
(18,996,714)
| |
Financing activities
| |||
Bank and investment accounts overdrafts obtained (paid), net
|
(319,192)
|
(3,328,189)
| |
Long-term loans paid
|
(8,669,748)
|
(1,891,165)
| |
Long-term loans received
|
-
|
5,659,105
| |
Interest and other financial costs paid
|
(3,463,073)
|
(3,307,608)
| |
Dividends paid
|
(106,874)
|
(87,595)
| |
Net cash flows used in financing activities
|
(12,558,887)
|
(2,955,452)
| |
Decrease in cash and cash equivalents
|
(63,295)
|
(2,362,711)
| |
Exchange difference and other financial results
|
80,808
|
377,769
| |
Monetary results effect on cash and cash equivalents
|
(123,619)
|
(269,029)
| |
Cash and cash equivalents as of January 1
|
381,699
|
2,785,396
| |
Cash and cash equivalents as of September 30
|
275,593
|
531,425
|
7 |
English translation of the consolidated financial statements originally filed in Spanish with the Argentine Securities Commission ("CNV").
In case of discrepancy, the consolidated financial statements filed with the CNV prevail over this translation.
|
CENTRAL PUERTO S.A.
|
8 |
English translation of the consolidated financial statements originally filed in Spanish with the Argentine Securities Commission ("CNV").
In case of discrepancy, the consolidated financial statements filed with the CNV prevail over this translation.
|
CENTRAL PUERTO S.A.
|
9 |
English translation of the consolidated financial statements originally filed in Spanish with the Argentine Securities Commission ("CNV").
In case of discrepancy, the consolidated financial statements filed with the CNV prevail over this translation.
|
CENTRAL PUERTO S.A.
|
10 |
English translation of the consolidated financial statements originally filed in Spanish with the Argentine Securities Commission ("CNV").
In case of discrepancy, the consolidated financial statements filed with the CNV prevail over this translation.
|
CENTRAL PUERTO S.A.
|
11 |
English translation of the consolidated financial statements originally filed in Spanish with the Argentine Securities Commission ("CNV").
In case of discrepancy, the consolidated financial statements filed with the CNV prevail over this translation.
|
CENTRAL PUERTO S.A.
|
12 |
English translation of the consolidated financial statements originally filed in Spanish with the Argentine Securities Commission ("CNV").
In case of discrepancy, the consolidated financial statements filed with the CNV prevail over this translation.
|
CENTRAL PUERTO S.A.
|
13 |
English translation of the consolidated financial statements originally filed in Spanish with the Argentine Securities Commission ("CNV").
In case of discrepancy, the consolidated financial statements filed with the CNV prevail over this translation.
|
CENTRAL PUERTO S.A.
|
2021
|
Electric Power Generation from conventional sources
|
Electric Power Generation from renewable sources
|
Natural Gas Transport and Distribution (1) (2)
|
Others (1)
|
Adjustments
and Eliminations
|
Total
|
ARS 000
|
ARS 000
|
ARS 000
|
ARS 000
|
ARS 000
|
ARS 000
| |
Revenues
|
30,070,156
|
7,963,036
|
23,051,880
|
1,325,477
|
(23,397,423)
|
39,013,126
|
Cost of sales
|
(17,629,084)
|
(2,275,782)
|
(17,946,011)
|
(1,172,543)
|
18,448,616
|
(20,574,804)
|
Administrative and selling expenses
|
(2,528,071)
|
(399,705)
|
(4,673,160)
|
-
|
4,673,160
|
(2,927,776)
|
Other operating income
|
8,004,286
|
423,330
|
715,408
|
15,702
|
(715,408)
|
8,443,318
|
Other operating expenses
|
(2,031,271)
|
(16,246)
|
(180,623)
|
-
|
180,623
|
(2,047,517)
|
Impairment of property, plant and equipment and intangible assets
|
(4,260,334)
|
-
|
-
|
-
|
-
|
(4,260,334)
|
Operating income
|
11,625,682
|
5,694,633
|
967,494
|
168,636
|
(810,432)
|
17,646,013
|
Other (expenses) income
|
(16,516,430)
|
(1,724,133)
|
(3,586,986)
|
(131,148)
|
2,954,216
|
(19,004,481)
|
Net (loss) income for the segment
|
(4,890,748)
|
3,970,500
|
(2,619,492)
|
37,488
|
2,143,784
|
(1,358,468)
|
Share in the net (loss) income for the segment
|
(4,890,748)
|
3,970,500
|
(523,242)
|
85,022
|
-
|
(1,358,468)
|
2020
|
Electric Power Generation from conventional sources
|
Electric Power Generation from renewable sources
|
Natural Gas Transport and Distribution (1) (2)
|
Others (1)
|
Adjustments
and Eliminations
|
Total
|
ARS 000
|
ARS 000
|
ARS 000
|
ARS 000 |
ARS 000
|
ARS 000
| |
Revenues
|
31,277,793
|
7,013,812
|
33,205,766
|
1,802,701
|
(33,819,430)
|
39,480,642
|
Cost of sales
|
(14,265,050)
|
(1,798,136)
|
(27,473,612)
|
(1,433,072)
|
28,163,148
|
(16,806,722)
|
Administrative and selling expenses
|
(2,529,563)
|
(366,777)
|
(6,265,388)
|
-
|
6,265,388
|
(2,896,340)
|
Other operating income
|
13,801,216
|
340,920
|
779,000
|
(13,310)
|
(779,000)
|
14,128,826
|
Other operating expenses
|
(444,769)
|
(120,794)
|
(329,512)
|
(1,144)
|
329,512
|
(566,707)
|
Impairment of property, plant and equipment
|
(2,054,624)
|
-
|
-
|
-
|
-
|
(2,054,624)
|
Operating income
|
25,785,003
|
5,069,025
|
(83,746)
|
355,175
|
159,618
|
31,285,075
|
Other (expenses) income
|
(17,199,365)
|
(5,293,770)
|
(317,537)
|
(28,286)
|
288,521
|
(22,550,437)
|
Net income (loss) for the segment
|
8,585,638
|
(224,745)
|
(401,283)
|
326,889
|
448,139
|
8,734,638
|
Share in the net income (loss) for the segment
|
8,585,638
|
(224,745)
|
148,614
|
225,131
|
-
|
8,734,638
|
14 |
English translation of the consolidated financial statements originally filed in Spanish with the Argentine Securities Commission ("CNV").
In case of discrepancy, the consolidated financial statements filed with the CNV prevail over this translation.
|
CENTRAL PUERTO S.A.
|
9 months
|
3 months
| |||
01-01-2021 to
09-30-2021
|
01-01-2020 to
09-30-2020
|
07-01-2021 to
09-30-2021
|
07-01-2020 to
09-30-2020
| |
ARS 000
|
ARS 000
|
ARS 000
|
ARS 000
| |
Revenues from Resolution 44, Resolution 1, Resolution 19, SGE Resolution 70/2018 and amendments
|
18,103,152
|
18,485,995
|
6,258,027
|
6,276,213
|
Sales under contracts
|
18,721,540
|
18,677,192
|
6,250,896
|
6,631,476
|
Steam sales
|
1,208,500
|
1,128,417
|
461,783
|
503,849
|
Resale of gas transport and distribution capacity
|
223,314
|
398,958
|
61,078
|
164,526
|
Revenues from CVO thermal plant management
|
756,620
|
790,080
|
265,438
|
267,331
|
39,013,126
|
39,480,642
|
13,297,222
|
13,843,395
|
15 |
English translation of the consolidated financial statements originally filed in Spanish with the Argentine Securities Commission ("CNV").
In case of discrepancy, the consolidated financial statements filed with the CNV prevail over this translation.
|
CENTRAL PUERTO S.A.
|
9 months
|
3 months
| |||
01-01-2021 to
09-30-2021
|
01-01-2020 to
09-30-2020
|
07-01-2021 to
09-30-2021
|
07-01-2020 to
09-30-2020
| |
ARS 000
|
ARS 000
|
ARS 000
|
ARS 000
| |
Interest earned from customers
|
2,651,478(1)
|
3,328,858(1)
|
915,392(3)
|
948,438(3)
|
Foreign exchange difference, net
|
5,601,329(2)
|
10,767,383(2)
|
920,159(4)
|
1,493,326(4)
|
Recovery related to discount tax credits
|
187,567
|
-
|
48,403
|
-
|
Others
|
2,944
|
32,585
|
(27,429)
|
23,465
|
8,443,318
|
14,128,826
|
1,856,525
|
2,465,229
|
9 months
|
3 months
| |||
01-01-2021 to
09-30-2021
|
01-01-2020 to
09-30-2020
|
07-01-2021 to
09-30-2021
|
07-01-2020 to
09-30-2020
| |
ARS 000
|
ARS 000
|
ARS 000
|
ARS 000
| |
Recovery (Charge) related to the provision for lawsuits and claims (Exhibit E)
|
6,798
|
(12,478)
|
(523)
|
(12,716)
|
Charge related to the allowance for doubtful accounts and other receivables
|
(1,215,085)
|
(11,964)
|
(1,217,581)
|
(6,463)
|
Trade and tax interests
|
(566,226)
|
(509,426)
|
(2,266)
|
(24,756)
|
Charge related to discount of tax credits
|
-
|
(32,839)
|
-
|
31,208
|
Income from sale of property, plant and equipment
|
96,324
|
-
|
96,324
|
-
|
Others
|
(369,328)
|
-
|
(298,740)
|
19,724
|
(2,047,517)
|
(566,707)
|
(1,422,786)
|
6,997
|
9 months
|
3 months
| |||
01-01-2021 to
09-30-2021
|
01-01-2020 to
09-30-2020
|
07-01-2021 to
09-30-2021
|
07-01-2020 to
09-30-2020
| |
ARS 000
|
ARS 000
|
ARS 000
|
ARS 000
| |
Interest earned
|
38,152
|
141,472
|
14,129
|
17,830
|
Net income on financial assets at fair value through profit or loss (1)
|
177,426
|
3,786,388
|
177,426
|
1,395,528
|
Interest rate swap income
|
388,162
|
-
|
72,725
|
-
|
603,740
|
3,927,860
|
264,280
|
1,413,358
|
16 |
English translation of the consolidated financial statements originally filed in Spanish with the Argentine Securities Commission ("CNV").
In case of discrepancy, the consolidated financial statements filed with the CNV prevail over this translation.
|
CENTRAL PUERTO S.A.
|
9 months
|
3 months
| |||
01-01-2021 to
09-30-2021
|
01-01-2020 to
09-30-2020
|
07-01-2021 to
09-30-2021
|
07-01-2020 to
09-30-2020
| |
ARS 000
|
ARS 000
|
ARS 000
|
ARS 000
| |
Interest on loans
|
(3,461,468)
|
(3,649,551)
|
(1,047,563)
|
(1,067,100)
|
Foreign exchange differences
|
(9,738,047)
|
(16,730,786)
|
(1,646,782)
|
(5,542,949)
|
Net loss on financial assets at fair value through profit or loss
|
-
|
-
|
692,757
|
-
|
Bank commissions for loans and others
|
(544,661)
|
(373,028)
|
(100,963)
|
(112,201)
|
Others
|
(492)
|
(1,574,265)
|
-
|
(19,872)
|
(13,744,668)
|
(22,327,630)
|
(2,102,551)
|
(6,742,122)
|
9 months
|
3 months
| |||
01-01-2021 to
09-30-2021
|
01-01-2020 to
09-30-2020
|
07-01-2021 to
09-30-2021
|
07-01-2020 to
09-30-2020
| |
ARS 000
|
ARS 000
|
ARS 000
|
ARS 000
| |
Current income tax
| ||||
Income tax charge for the period
|
(4,110,080)
|
(5,084,946)
|
(1,651,850)
|
(1,524,549)
|
Adjustment related to current income tax for the prior year
|
137,526
|
146,248
|
-
|
-
|
Deferred income tax
| ||||
Related to the net variation in temporary differences
|
(1,319,298)
|
(601,918)
|
583,863
|
(191,730)
|
Income tax
|
(5,291,852)
|
(5,540,616)
|
(1,067,987)
|
(1,716,279)
|
17 |
English translation of the consolidated financial statements originally filed in Spanish with the Argentine Securities Commission ("CNV").
In case of discrepancy, the consolidated financial statements filed with the CNV prevail over this translation.
|
CENTRAL PUERTO S.A.
|
9 months
|
3 months
| |||
01-01-2021 to
09-30-2021
|
01-01-2020 to
09-30-2020
|
07-01-2021 to
09-30-2021
|
07-01-2020 to
09-30-2020
| |
ARS 000
|
ARS 000
|
ARS 000
|
ARS 000
| |
Income before income tax
|
3,933,384
|
14,275,254
|
3,756,770
|
5,203,154
|
At statutory income tax rate (1)
|
(1,376,684)
|
(4,282,576)
|
(1,314,869)
|
(1,560,945)
|
Share of the profit of associates
|
16,220
|
(3,479)
|
(5,376)
|
107
|
Effect related to statutory income tax rate change (Note 12)
|
(3,912,884)
|
731,275
|
-
|
(172,776)
|
Effect related to the discount of income tax payable
|
(179,725)
|
317,550
|
(52,944)
|
(66,648)
|
Adjustment related to current income tax for the prior year
|
137,526
|
146,248
|
-
|
-
|
Loss on net monetary position
|
(745,059)
|
(2,631,505)
|
(225,904)
|
355,133
|
Others
|
768,754
|
181,871
|
531,106
|
(271,150)
|
Income tax for the period
|
(5,291,852)
|
(5,540,616)
|
(1,067,987)
|
(1,716,279)
|
Consolidated statement
of financial position
|
Consolidated statement of
income and comprehensive income
| ||||||
09-30-2021
|
12-31-2020
|
09-30-2021
|
12-31-2020
| ||||
ARS 000
|
ARS 000
|
ARS 000
|
ARS 000
| ||||
Trade receivables
|
3,488
|
4,436
|
(948)
|
1,909
| |||
Other financial assets
|
(1,969)
|
(536)
|
(1,433)
|
403,440
| |||
Employee benefit liability
|
208,743
|
150,661
|
58,082
|
5,989
| |||
Provisions and others
|
(407,067)
|
(401,320)
|
(5,747)
|
(371,347)
| |||
Investments in associates
|
(1,854,793)
|
(1,481,155)
|
(373,638)
|
(33,875)
| |||
Property, plant and equipment - Material & spare parts - Intangible assets
|
(7,504,166)
|
(7,371,062)
|
(133,104)
|
401,222
| |||
Deferred tax income
|
(3,742,990)
|
(3,607,374)
|
(135,616)
|
141,823
| |||
Tax loss carry-forward
|
1,843,814
|
3,289,549
|
(1,445,735)
|
169,170
| |||
Tax inflation adjustment - Asset
|
186,677
|
256,059
|
(69,382)
|
(439,449)
| |||
Tax inflation adjustment - Liability
|
(2,242,372)
|
(3,030,595)
|
788,223
|
(880,800)
| |||
Deferred income tax expense
|
(1,319,298)
|
(601,918)
| |||||
Deferred income tax liabilities, net
|
(13,510,635)
|
(12,191,337)
|
18 |
English translation of the consolidated financial statements originally filed in Spanish with the Argentine Securities Commission ("CNV").
In case of discrepancy, the consolidated financial statements filed with the CNV prevail over this translation.
|
CENTRAL PUERTO S.A.
|
Consolidated statement
of financial position
| |||
09-30-2021
|
12-31-2020
| ||
ARS 000
|
ARS 000
| ||
Deferred income tax asset
|
1,051,052
|
134,739
| |
Deferred income tax liability
|
(14,561,687)
|
(12,326,076)
| |
Deferred income tax liability, net
|
(13,510,635)
|
(12,191,337)
|
09-30-2021
|
12-31-2020
| ||
ARS 000
|
ARS 000
| ||
Non-current:
| |||
Trade receivables - CAMMESA
|
30,224,472
|
40,016,764
| |
Receivables from shareholders
|
394,183
|
248,877
| |
Guarantee deposits
|
43
|
59
| |
30,618,698
|
40,265,700
| ||
Current:
| |||
Trade receivables - CAMMESA
|
16,846,535
|
19,205,306
| |
Trade receivables - YPF SA and YPF Energía Eléctrica SA
|
456,872
|
362,458
| |
Trade receivables - Large users
|
1,380,213
|
1,606,066
| |
Receivables from associates and other related parties
|
50
|
66
| |
Other receivables
|
4,381,518
|
4,504,285
| |
23,065,188
|
25,678,181
| ||
Allowance for doubtful accounts - Exhibit E
|
(9,881)
|
(18,992)
| |
23,055,307
|
25,659,189
|
19 |
English translation of the consolidated financial statements originally filed in Spanish with the Argentine Securities Commission ("CNV").
In case of discrepancy, the consolidated financial statements filed with the CNV prevail over this translation.
|
CENTRAL PUERTO S.A.
|
Past due
| |||||||
Total
|
To due
|
90
days
|
90-180
days
|
180-270
days
|
270-360
days
|
More than 360 days
| |
ARS 000
|
ARS 000
|
ARS 000
|
ARS 000
|
ARS 000
|
ARS 000
|
ARS 000
| |
09-30-21
|
53,683,886
|
47,530,113
|
6,142,162
|
-
|
-
|
-
|
11,611
|
12-31-20
|
65,943,881
|
61,786,947
|
4,119,987
|
3,210
|
17,329
|
37
|
16,371
|
09-30-2021
|
12-31-2020
| ||
ARS 000
|
ARS 000
| ||
Current:
| |||
Trade and other payables
|
4,040,844
|
3,284,878
| |
Insurance payable
|
-
|
162,744
| |
Payables to associates and other related parties
|
65,966
|
38,632
| |
4,106,810
|
3,486,254
|
09-30-2021
|
12-31-2020
| ||
ARS 000
|
ARS 000
| ||
Non-current
| |||
Long-term loans for project financing (Notes 7.3.1, 7.3.2, 7.3.3, 7.3.4, 7.3.5, 7.3.6 and 7.3.7)
|
31,705,838
|
36,917,906
| |
Corporate bonds (Note 7.3.8)
|
3,297,406
|
4,036,145
| |
Derivative financial liabilities not designated as hedging instrument - Interest rate swap
|
625,355
|
1,290,439
| |
35,628,599
|
42,244,490
| ||
Current
| |||
Long-term loans for project financing (Notes 7.3.1, 7.3.2, 7.3.3, 7.3.4, 7.3.5, 7.3.6 and 7.3.7)
|
10,159,040
|
24,208,716
| |
Corporate bonds (Note 7.3.8)
|
-
|
1,542,939
| |
Derivative financial liabilities not designated as hedging instrument - Stock options
|
170,277
|
395,774
| |
Bank and investment accounts overdrafts
|
1,084,669
|
1,414,615
| |
11,413,986
|
27,562,044
|
20 |
English translation of the consolidated financial statements originally filed in Spanish with the Argentine Securities Commission ("CNV").
In case of discrepancy, the consolidated financial statements filed with the CNV prevail over this translation.
|
CENTRAL PUERTO S.A.
|
21 |
English translation of the consolidated financial statements originally filed in Spanish with the Argentine Securities Commission ("CNV").
In case of discrepancy, the consolidated financial statements filed with the CNV prevail over this translation.
|
CENTRAL PUERTO S.A.
|
22 |
English translation of the consolidated financial statements originally filed in Spanish with the Argentine Securities Commission ("CNV").
In case of discrepancy, the consolidated financial statements filed with the CNV prevail over this translation.
|
CENTRAL PUERTO S.A.
|
23 |
English translation of the consolidated financial statements originally filed in Spanish with the Argentine Securities Commission ("CNV").
In case of discrepancy, the consolidated financial statements filed with the CNV prevail over this translation.
|
CENTRAL PUERTO S.A.
|
24 |
English translation of the consolidated financial statements originally filed in Spanish with the Argentine Securities Commission ("CNV").
In case of discrepancy, the consolidated financial statements filed with the CNV prevail over this translation.
|
CENTRAL PUERTO S.A.
|
09-30-2021
|
Measurement date
|
Fair value measurement using:
| ||||||||
Total
|
Level 1
|
Level 2
|
Level 3
| |||||||
ARS 000
|
ARS 000
|
ARS 000
|
ARS 000
| |||||||
Assets measured at fair value
| ||||||||||
Financial assets at fair value through profit or loss
| ||||||||||
Mutual funds
|
09.30.2021
|
1,829,810
|
1,829,810
|
-
|
-
| |||||
Public debt securities
|
09.30.2021
|
14,343,640
|
14,343,640
|
-
|
-
| |||||
Stocks and corporate bonds
|
09.30.2021
|
489,814
|
489,814
|
-
|
-
| |||||
Total financial assets measured at fair value
|
16,663,264
|
16,663,264
|
-
|
-
| ||||||
Liabilities measured at fair value
| ||||||||||
Derivative financial liabilities not designated as hedging instruments
| ||||||||||
Interest rate swap
|
09.30.2021
|
625,355
|
-
|
625,355
|
-
| |||||
Stock options
|
09.30.2021
|
170,277
|
170,277
|
-
|
-
| |||||
Total financial liabilities measured at fair value
|
795,632
|
170,277
|
625,355
|
-
|
12-31-2020
|
Measurement date
|
Fair value measurement using:
| ||||||||
Total
|
Level 1
|
Level 2
|
Level 3
| |||||||
ARS 000
|
ARS 000
|
ARS 000
|
ARS 000
| |||||||
Assets measured at fair value
| ||||||||||
Financial assets at fair value through profit or loss
| ||||||||||
Mutual funds
|
12.31.2020
|
1,080,997
|
1,080,997
|
-
|
-
| |||||
Public debt securities
|
12.31.2020
|
16,635,923
|
16,635,923
|
-
|
-
| |||||
Stocks and corporate bonds
|
12.31.2020
|
1,561,701
|
1,561,701
|
-
|
-
| |||||
Total financial assets measured at fair value
|
19,278,621
|
19,278,621
|
-
|
-
| ||||||
Liabilities measured at fair value
| ||||||||||
Derivative financial liabilities not designated as hedging instruments
| ||||||||||
Interest rate swap
|
12.31.2020
|
1,290,439
|
-
|
1,290,439
|
-
| |||||
Stock options
|
12.31.2020
|
395,774
|
395,774
|
-
|
-
| |||||
Total financial liabilities measured at fair value
|
1,686,213
|
395,774
|
1,290,439
|
-
|
25 |
English translation of the consolidated financial statements originally filed in Spanish with the Argentine Securities Commission ("CNV").
In case of discrepancy, the consolidated financial statements filed with the CNV prevail over this translation.
|
CENTRAL PUERTO S.A.
|
09-30-2021
|
12-31-2020
| ||
ARS 000
|
ARS 000
| ||
Non-current:
| |||
Tax credits
|
56,814
|
392,142
| |
Income tax credits
|
193,282
|
264,715
| |
Prepayments to vendors
|
4,511
|
6,178
| |
254,607
|
663,035
| ||
Current:
| |||
Upfront payments of inventories purchases
|
136,933
|
162,112
| |
Prepayment insurance
|
113,165
|
159,764
| |
Tax credits
|
499,838
|
861,794
| |
Other
|
275,132
|
49,446
| |
1,025,068
|
1,233,116
|
09-30-2021
|
12-31-2020
| ||
ARS 000
|
ARS 000
| ||
Non-current:
| |||
VAT payable
|
5,252,073
|
6,953,966
| |
Tax on bank account transactions payable
|
201,115
|
242,217
| |
5,453,188
|
7,196,183
| ||
Current:
| |||
VAT payable
|
3,450,569
|
2,569,821
| |
Turnover tax payable
|
78,326
|
73,745
| |
Income tax withholdings payable
|
67,532
|
54,489
| |
Concession fees and royalties
|
54,284
|
86,171
| |
Tax on bank account transactions payable
|
178,470
|
295,804
| |
Others
|
10,608
|
3,164
| |
3,839,789
|
3,083,194
|
09-30-2021
|
12-31-2020
| ||
ARS 000
|
ARS 000
| ||
Non-current:
| |||
Employee long-term benefits
|
447,528
|
430,886
| |
Current:
| |||
Vacation and statutory bonus
|
638,847
|
566,050
| |
Contributions payable
|
121,195
|
176,732
| |
Bonus accrual
|
425,430
|
609,556
| |
Other
|
40,991
|
43,152
| |
1,226,463
|
1,395,490
|
26 |
English translation of the consolidated financial statements originally filed in Spanish with the Argentine Securities Commission ("CNV").
In case of discrepancy, the consolidated financial statements filed with the CNV prevail over this translation.
|
CENTRAL PUERTO S.A.
|
Income
|
Expenses
|
Receivables
|
Payables
| ||
ARS 000
|
ARS 000
|
ARS 000
|
ARS 000
| ||
Associates:
| |||||
Termoeléctrica José de San Martín S.A.
|
09-30-2021
|
411
|
-
|
50
|
-
|
09-30-2020
|
602
|
-
|
78
|
-
| |
12-31-2020
|
774
|
-
|
66
|
-
| |
Distribuidora de Gas Cuyana S.A.
|
09-30-2021
|
-
|
316,787
|
-
|
65,418
|
09-30-2020
|
-
|
394,675
|
-
|
41,481
| |
12-31-2020
|
-
|
508,014
|
-
|
37,881
| |
Energía Sudamericana S.A.
|
09-30-2021
|
-
|
-
|
-
|
548
|
09-30-2020
|
-
|
-
|
-
|
836
| |
12-31-2020
|
-
|
-
|
-
|
751
| |
Related companies:
| |||||
RMPE Asociados S.A.
|
09-30-2021
|
185
|
588,462
|
-
|
-
|
09-30-2020
|
271
|
611,487
|
-
|
-
| |
12-31-2020
|
348
|
745,617
|
-
|
-
| |
Coyserv S.A.
|
09-30-2021
|
-
|
-
|
-
|
-
|
09-30-2020
|
-
|
4,053
|
-
|
-
| |
12-31-2020
|
-
|
4,053
|
-
|
-
| |
Total
|
09-30-2021
|
596
|
905,249
|
50
|
65,966
|
09-30-2020
|
873
|
1,010,215
|
78
|
42,317
| |
12-31-2020
|
1,122
|
1,257,684
|
66
|
38,632
|
27 |
English translation of the consolidated financial statements originally filed in Spanish with the Argentine Securities Commission ("CNV").
In case of discrepancy, the consolidated financial statements filed with the CNV prevail over this translation.
|
CENTRAL PUERTO S.A.
|
28 |
English translation of the consolidated financial statements originally filed in Spanish with the Argentine Securities Commission ("CNV").
In case of discrepancy, the consolidated financial statements filed with the CNV prevail over this translation.
|
CENTRAL PUERTO S.A.
|
29 |
English translation of the consolidated financial statements originally filed in Spanish with the Argentine Securities Commission ("CNV").
In case of discrepancy, the consolidated financial statements filed with the CNV prevail over this translation.
|
CENTRAL PUERTO S.A.
|
30 |
English translation of the consolidated financial statements originally filed in Spanish with the Argentine Securities Commission ("CNV").
In case of discrepancy, the consolidated financial statements filed with the CNV prevail over this translation.
|
CENTRAL PUERTO S.A.
|
31 |
English translation of the consolidated financial statements originally filed in Spanish with the Argentine Securities Commission ("CNV").
In case of discrepancy, the consolidated financial statements filed with the CNV prevail over this translation.
|
CENTRAL PUERTO S.A.
|
32 |
English translation of the consolidated financial statements originally filed in Spanish with the Argentine Securities Commission ("CNV").
In case of discrepancy, the consolidated financial statements filed with the CNV prevail over this translation.
|
09-30-2021
| ||||||||||
Cost
| ||||||||||
At the beginning
|
Additions
|
Transfers
|
Disposals
|
At
the end
| ||||||
ARS 000
|
ARS 000
|
ARS 000
|
ARS 000
|
ARS 000
| ||||||
Lands and buildings
|
13,432,622
|
5,877
|
154
|
-
|
13,438,653
| |||||
Electric power facilities
|
95,771,580
|
-
|
16,794,574
|
(222,596)
|
112,343,558
| |||||
Wind turbines
|
31,774,956
|
-
|
10,160
|
-
|
31,785,116
| |||||
Gas turbines
|
3,496,515
|
1,314
|
-
|
-
|
3,497,829
| |||||
Construction in progress
|
28,357,127
|
6,175,016
|
(16,812,326)
|
-
|
17,719,817
| |||||
Other
|
5,456,307
|
79,751
|
7,438
|
(105,586)
|
5,437,910
| |||||
Total 09-30-2021
|
178,289,107
|
6,261,958
|
-
|
(328,182)
|
184,222,883
|
09-30-2021
|
12-31-2020
| |||||||||||
Depreciation and impairment
| ||||||||||||
At the beginning
|
Charges
|
Disposals and impairment
|
At
the end
|
Net
book value
|
Net
book value
| |||||||
ARS 000
|
ARS 000
|
ARS 000
|
ARS 000
|
ARS 000
|
ARS 000
| |||||||
Lands and buildings
|
1,948,085
|
327,886
|
-
|
2,275,971
|
11,162,682
|
11,484,537
| ||||||
Electric power facilities
|
53,291,544
|
3,542,116
|
(171,783)
|
56,661,877
|
55,681,681
|
42,480,036
| ||||||
Wind turbines
|
2,078,387
|
1,199,313
|
-
|
3,277,700
|
28,507,416
|
29,696,569
| ||||||
Gas turbines
|
-
|
-
|
-
|
-
|
3,497,829
|
3,496,515
| ||||||
Impairment of gas turbines(1)
|
2,037,653
|
-
|
-
|
2,037,653
|
(2,037,653)
|
(2,037,653)
| ||||||
Impairment of electric power facilities, lands and buildings, construction in progress and others(1)
|
6,395,448
|
(238,083)
|
3,393,003
|
9,550,368
|
(9,550,368)
|
(6,395,448)
| ||||||
Construction in progress
|
-
|
-
|
-
|
-
|
17,719,817
|
28,357,127
| ||||||
Other
|
4,085,536
|
179,170
|
(105,586)
|
4,159,120
|
1,278,790
|
1,370,771
| ||||||
Total 09-30-2021
|
69,836,653
|
5,010,402
|
3,115,634
|
77,962,689
|
106,260,194
| |||||||
108,452,454
|
33 |
English translation of the consolidated financial statements originally filed in Spanish with the Argentine Securities Commission ("CNV").
In case of discrepancy, the consolidated financial statements filed with the CNV prevail over this translation.
|
09-30-2021
|
12-31-2020
| |||||||||||||||
Cost
|
Amortization and impairment
| |||||||||||||||
At the beginning and at
the end
|
At the beginning
|
%
|
Charges
|
Impairment
|
At the end
|
Net book value
|
Net book value
| |||||||||
ARS 000
|
ARS 000
|
ARS 000
|
ARS 000
|
ARS 000
|
ARS 000
|
ARS 000
| ||||||||||
Concession right
|
22,673,085
|
19,837,115
|
3,3
|
708,992
|
-
|
20,546,107
|
2,126,978
|
2,835,970
| ||||||||
Transmission lines and electrical substations for wind farms
|
1,847,771
|
236,402
|
5,0
|
69,436
|
-
|
305,838
|
1,541,933
|
1,611,369
| ||||||||
Turbogas and turbosteam supply agreements for thermal station Brigadier López ("BL contracts")
|
11,363,290
|
4,303,697
|
30,8(2)
|
2,145,887
|
-
|
6,449,584
|
4,913,706
|
7,059,593
| ||||||||
BL contracts impairment(1)
|
-
|
2,270,352
|
-
|
(777,749)
|
867,331
|
2,359,934
|
(2,359,934)
|
(2,270,352)
| ||||||||
Total 09-30-2021
|
35,884,146
|
26,647,566
|
2,146,566
|
867,331
|
29,661,463
|
6,222,683
| ||||||||||
9,236,580
|
34 |
English translation of the consolidated financial statements originally filed in Spanish with the Argentine Securities Commission ("CNV").
In case of discrepancy, the consolidated financial statements filed with the CNV prevail over this translation.
|
09-30-2021
|
12-31-2020
| |||||||||||
Item
|
At beginning
|
Increases
|
Decreases
|
Recoveries
|
At end
|
At end
| ||||||
ARS 000
|
ARS 000
|
ARS 000
|
ARS 000
|
ARS 000
|
ARS 000
| |||||||
ASSETS
| ||||||||||||
Non-current
| ||||||||||||
Inventories
|
228,142
|
-
|
-
|
-
|
228,142
|
228,142
| ||||||
Trade and other receivables
| ||||||||||||
Allowance for doubtful accounts - Trade receivables
|
18,992
|
3,902
|
(4,969)(1)
|
(8,044)
|
9,881
|
18,992
| ||||||
Total 09-30-2021
|
247,134
|
3,902
|
(4,969)
|
(8,044)
|
238,023
| |||||||
Total 12-31-2020
|
253,938
|
74,643
|
(68,972)(1)
|
(12,475)
|
247,134
| |||||||
LIABILITIES
| ||||||||||||
Current
| ||||||||||||
Provisions
| ||||||||||||
Provision for lawsuits and claims
|
47,737
|
9,100
|
(12,293)(1)
|
(15,898)
|
28,646
|
47,737
| ||||||
Total 09-30-2021
|
47,737
|
9,100
|
(12,293)
|
(15,898)
|
28,646
| |||||||
Total 12-31-2020
|
51,195
|
14,068
|
(14,924)(1)
|
(2,602)
|
47,737
|
35 |
English translation of the consolidated financial statements originally filed in Spanish with the Argentine Securities Commission ("CNV").
In case of discrepancy, the consolidated financial statements filed with the CNV prevail over this translation.
|
9 months
|
3 months
| |||
01-01-2021 to
09-30-2021
|
01-01-2020 to
09-30-2020
|
07-01-2021 to
09-30-2021
|
07-01-2020 to
09-30-2020
| |
ARS 000
|
ARS 000
|
ARS 000
|
ARS 000
| |
Inventories at beginning of each period
|
2,002,800
|
1,494,930
|
1,055,300
|
1,706,924
|
Purchases and operating expenses for each period:
| ||||
- Purchases
|
4,493,412
|
3,508,469
|
1,836,677
|
1,264,702
|
- Operating expenses (Exhibit H)
|
16,249,975
|
13,643,216
|
5,264,286
|
4,382,944
|
- Transfer to property, plant and equipment
|
(950,158)
|
-
|
-
|
-
|
19,793,229
|
17,151,685
|
7,100,963
|
5,647,646
| |
Inventories at the end of each period
|
(1,221,225)
|
(1,839,893)
|
(1,221,225)
|
(1,839,893)
|
Total sales costs
|
20,574,804
|
16,806,722
|
6,935,038
|
5,514,677
|
36 |
English translation of the consolidated financial statements originally filed in Spanish with the Argentine Securities Commission ("CNV").
In case of discrepancy, the consolidated financial statements filed with the CNV prevail over this translation.
|
09-30-2021
|
12-31-2020
| |||||||||||
Account
|
Currency and amount
(in thousands)
|
Effective exchange rate(1)
|
Book
value
|
Currency and amount
(in thousands)
|
Book
value
| |||||||
ARS 000
|
ARS 000
| |||||||||||
NON-CURRENT ASSETS
| ||||||||||||
Trade and other receivables
|
USD
|
306,115
|
98.74(2)
|
30,225,795
|
USD
|
404,860
|
40,016,435
| |||||
30,225,795
|
40,016,435
| |||||||||||
CURRENT ASSETS
| ||||||||||||
Cash and cash equivalents
|
USD
|
2,488
|
98.54
|
245,168
|
USD
|
29,834
|
346,768
| |||||
EUR
|
2
|
113.88
|
228
|
EUR
|
1
|
282
| ||||||
Other financial assets
|
USD
|
88,307
|
98.54
|
8,701,772
|
USD
|
97,220
|
3,757,308
| |||||
EUR
|
-
|
-
|
-
|
EUR
|
2,211
|
312,122
| ||||||
Trade and other receivables
|
USD
|
70,882
|
98.74(2)
|
6,998,889
|
USD
|
79,002
|
7,725,677
| |||||
USD
|
41,624
|
98.54
|
4,101,629
|
USD
|
8,837
|
1,875,606
| ||||||
20,047,686
|
14,017,763
| |||||||||||
50,273,481
|
54,034,198
| |||||||||||
NON-CURRENT LIABILITIES
| ||||||||||||
Other loans and borrowings
|
USD
|
376,420
|
98.74
|
37,167,711
|
USD
|
532,441
|
43,407,565
| |||||
37,167,711
|
43,407,565
| |||||||||||
CURRENT LIABILITIES
| ||||||||||||
Other loans and borrowings
|
USD
|
106,527
|
98.74
|
10,518,476
|
USD
|
110,804
|
24,849,995
| |||||
Trade and other payables
|
USD
|
11,442
|
98.74
|
1,129,783
|
USD
|
22,537
|
2,211,880
| |||||
EUR
|
265
|
114.36
|
30,306
|
EUR
|
291
|
17,157
| ||||||
11,678,565
|
27,079,032
| |||||||||||
48,846,276
|
70,486,597
|
37 |
English translation of the consolidated financial statements originally filed in Spanish with the Argentine Securities Commission ("CNV").
In case of discrepancy, the consolidated financial statements filed with the CNV prevail over this translation.
|
9 months
| ||||||
01-01-2021 to 09-30-2021
|
01-01-2020 to 09-30-2020
| |||||
Accounts
|
Operating
expenses
|
Administrative
and selling
expenses
|
Total
|
Operating
expenses
|
Administrative
and selling
expenses
|
Total
|
ARS 000
|
ARS 000
|
ARS 000
|
ARS 000
|
ARS 000
|
ARS 000
| |
Compensation to employees
|
2,946,909
|
1,081,390
|
4,028,299
|
2,901,747
|
1,071,350
|
3,973,097
|
Other long-term employee benefits
|
152,772
|
32,115
|
184,887
|
115,479
|
20,320
|
135,799
|
Depreciation of property, plant and equipment
|
5,010,402
|
-
|
5,010,402
|
3,440,136
|
-
|
3,440,136
|
Amortization of intangible assets
|
2,146,566
|
-
|
2,146,566
|
2,397,503
|
-
|
2,397,503
|
Purchase of energy and power
|
137,017
|
-
|
137,017
|
210,522
|
-
|
210,522
|
Fees and compensation for services
|
1,100,274
|
1,095,021
|
2,195,295
|
996,389
|
816,387
|
1,812,776
|
Maintenance expenses
|
2,721,090
|
81,073
|
2,802,163
|
1,760,524
|
149,686
|
1,910,210
|
Consumption of materials and spare parts
|
819,767
|
-
|
819,767
|
517,068
|
-
|
517,068
|
Insurance
|
872,472
|
19,816
|
892,288
|
747,179
|
25,832
|
773,011
|
Levies and royalties
|
272,568
|
-
|
272,568
|
493,635
|
-
|
493,635
|
Taxes and assessments
|
59,727
|
246,808
|
306,535
|
50,271
|
354,031
|
404,302
|
Tax on bank account transactions
|
6,160
|
305,072
|
311,232
|
6,995
|
418,107
|
425,102
|
Others
|
4,251
|
66,481
|
70,732
|
5,768
|
40,627
|
46,395
|
Total
|
16,249,975
|
2,927,776
|
19,177,751
|
13,643,216
|
2,896,340
|
16,539,556
|
38 |
English translation of the consolidated financial statements originally filed in Spanish with the Argentine Securities Commission ("CNV").
In case of discrepancy, the consolidated financial statements filed with the CNV prevail over this translation.
|
3 months
| ||||||
07-01-2021 to 09-30-2021
|
07-01-2020 to 09-30-2020
| |||||
Accounts
|
Operating
expenses
|
Administrative
and selling
expenses
|
Total
|
Operating
expenses
|
Administrative
and selling
expenses
|
Total
|
ARS 000
|
ARS 000
|
ARS 000
|
ARS 000
|
ARS 000
|
ARS 000
| |
Compensation to employees
|
927,628
|
385,139
|
1,312,767
|
864,375
|
376,133
|
1,240,508
|
Other long-term employee benefits
|
46,273
|
9,786
|
56,059
|
36,201
|
6,370
|
42,571
|
Depreciation of property, plant and equipment
|
1,694,869
|
-
|
1,694,869
|
1,027,191
|
-
|
1,027,191
|
Amortization of intangible assets
|
634,094
|
-
|
634,094
|
799,172
|
-
|
799,172
|
Purchase of energy and power
|
45,745
|
-
|
45,745
|
95,327
|
-
|
95,327
|
Fees and compensation for services
|
438,661
|
483,003
|
921,664
|
242,065
|
253,746
|
495,811
|
Maintenance expenses
|
750,657
|
37,526
|
788,183
|
681,691
|
3,614
|
685,305
|
Consumption of materials and spare parts
|
358,777
|
-
|
358,777
|
188,509
|
-
|
188,509
|
Insurance
|
273,383
|
6,751
|
280,134
|
239,279
|
9,104
|
248,383
|
Levies and royalties
|
72,370
|
-
|
72,370
|
188,467
|
-
|
188,467
|
Taxes and assessments
|
20,386
|
99,211
|
119,597
|
17,370
|
130,924
|
148,294
|
Tax on bank account transactions
|
2,050
|
108,979
|
111,029
|
2,391
|
132,973
|
135,364
|
Others
|
(607)
|
14,612
|
14,005
|
906
|
2,137
|
3,043
|
Total
|
5,264,286
|
1,145,007
|
6,409,293
|
4,382,944
|
915,001
|
5,297,945
|
39 |
English translation of the consolidated financial statements originally filed in Spanish with the Argentine Securities Commission ("CNV").
In case of discrepancy, the consolidated financial statements filed with the CNV prevail over this translation.
|
9 months
|
3 months
| |||
Unaudited
|
Unaudited
| |||
01-01-2021 to
09-30-2021
|
01-01-2020 to
09-30-2020
|
07-01-2021 to
09-30-2021
|
07-01-2020 to
09-30-2020
| |
ARS 000
|
ARS 000
|
ARS 000
|
ARS 000
| |
Revenues
|
30,293,470
|
31,723,572
|
10,228,171
|
11,067,870
|
Cost of sales
|
(17,784,988)
|
(14,577,290)
|
(5,997,253)
|
(4,737,509)
|
Gross income
|
12,508,482
|
17,146,282
|
4,230,918
|
6,330,361
|
Administrative and selling expenses
|
(2,538,482)
|
(2,548,072)
|
(988,336)
|
(812,507)
|
Other operating income
|
8,060,715
|
13,927,317
|
1,712,750
|
2,438,166
|
Other operating expenses
|
(2,074,426)
|
(533,872)
|
(1,456,041)
|
(43,935)
|
Impairment of property, plant and equipment and intangible assets
|
(4,260,334)
|
(2,054,624)
|
-
|
-
|
Operating income
|
11,695,955
|
25,937,031
|
3,499,291
|
7,912,085
|
Loss on net monetary position
|
(5,714,732)
|
(4,385,572)
|
(1,424,296)
|
(1,532,664)
|
Finance income
|
995,245
|
3,652,774
|
181,188
|
1,174,500
|
Finance expenses
|
(6,993,352)
|
(12,102,388)
|
(1,328,307)
|
(3,787,621)
|
Share of the profit of associates and subsidiaries
|
1,193,868
|
(45,814)
|
1,704,894
|
1,107,791
|
Income before income tax
|
1,176,984
|
13,056,031
|
2,632,770
|
4,874,091
|
Income tax for the period
|
(2,597,762)
|
(4,376,525)
|
28,076
|
(1,409,802)
|
Net (loss) income for the period
|
(1,420,778)
|
8,679,506
|
2,660,846
|
3,464,289
|
Total comprehensive (loss) income for the period
|
(1,420,778)
|
8,679,506
|
2,660,846
|
3,464,289
|
- Basic and diluted (loss) earnings per share (ARS)
|
(0.94)
|
5.77
|
1.77
|
2.30
|
40 |
English translation of the consolidated financial statements originally filed in Spanish with the Argentine Securities Commission ("CNV").
In case of discrepancy, the consolidated financial statements filed with the CNV prevail over this translation.
|
09-30-2021
|
12-31-2020
| ||||
Notes
|
Unaudited
|
Audited
| |||
ARS 000
|
ARS 000
| ||||
Assets
| |||||
Non-current assets
| |||||
Property, plant and equipment
|
68,402,590
|
69,043,859
| |||
Intangible assets
|
4,680,754
|
7,625,220
| |||
Investment in associates
|
5,659,014
|
6,387,732
| |||
Investment in subsidiaries
|
Exhibit C
|
24,877,559
|
13,265,728
| ||
Trade and other receivables
|
30,618,698
|
40,265,700
| |||
Other non-financial assets
|
197,747
|
270,827
| |||
Other financial assets
|
1,420,028
|
619,281
| |||
Inventories
|
546,375
|
901,341
| |||
136,402,765
|
138,379,688
| ||||
Current assets
| |||||
Inventories
|
647,838
|
1,076,725
| |||
Other non-financial assets
|
462,201
|
316,328
| |||
Trade and other receivables
|
17,213,685
|
18,582,270
| |||
Other financial assets
|
3,867,769
|
16,284,066
| |||
Cash and cash equivalents
|
20,513
|
26,827
| |||
22,212,006
|
36,286,216
| ||||
Property, plant and equipment available for sale
|
-
|
3,231,455
| |||
Total assets
|
158,614,771
|
177,897,359
| |||
Equity and liabilities
| |||||
Capital stock
|
1,514,022
|
1,514,022
| |||
Adjustment to capital stock
|
35,647,985
|
35,647,985
| |||
Legal reserve
|
5,728,456
|
5,256,504
| |||
Voluntary reserve
|
75,364,040
|
66,396,960
| |||
Other equity accounts
|
(2,692,796)
|
(2,692,796)
| |||
Retained earnings
|
(1,413,240)
|
9,446,570
| |||
Total equity
|
114,148,467
|
115,569,245
| |||
Non-current liabilities
| |||||
Other non-financial liabilities
|
5,453,188
|
7,196,183
| |||
Other loans and borrowings
|
12,085,589
|
12,012,288
| |||
Compensation and employee benefits liabilities
|
447,528
|
430,886
| |||
Deferred income tax liabilities
|
8,877,490
|
9,631,761
| |||
26,863,795
|
29,271,118
| ||||
Current liabilities
| |||||
Trade and other payables
|
3,893,103
|
3,163,549
| |||
Other non-financial liabilities
|
3,501,893
|
2,796,081
| |||
Other loans and borrowings
|
8,368,894
|
22,516,965
| |||
Compensation and employee benefits liabilities
|
1,077,511
|
1,231,968
| |||
Income tax payable
|
732,463
|
3,300,698
| |||
Provisions
|
28,645
|
47,735
| |||
17,602,509
|
33,056,996
| ||||
Total liabilities
|
44,466,304
|
62,328,114
| |||
Total equity and liabilities
|
158,614,771
|
177,897,359
|
41 |
English translation of the consolidated financial statements originally filed in Spanish with the Argentine Securities Commission ("CNV").
In case of discrepancy, the consolidated financial statements filed with the CNV prevail over this translation.
|
09-30-2021
|
09-30-2020
| ||
Unaudited
| |||
ARS 000
|
ARS 000
| ||
Operating activities
| |||
Income for the period before income tax
|
1,176,984
|
13,056,031
| |
Adjustments to reconcile income for the period before income tax to net cash flows:
| |||
Depreciation of property, plant and equipment
|
3,405,118
|
2,270,031
| |
Amortization of intangible assets
|
2,077,130
|
2,328,957
| |
Impairment of property, plant and equipment and intangible assets
|
4,260,334
|
2,054,624
| |
Income from sale of property, plant and equipment
|
(96,324)
|
-
| |
Interest earned from customers
|
(2,648,274)
|
(3,322,301)
| |
Trade and tax interests lost
|
564,997
|
509,425
| |
Finance income
|
(995,245)
|
(3,652,774)
| |
Finance expenses
|
6,993,352
|
12,102,388
| |
Share of the profit of associates and subsidiaries
|
(1,193,868)
|
45,814
| |
Movements in provisions and long-term employee benefit plan expense
|
172,934
|
139,031
| |
Foreign exchange difference for trade receivables
|
(5,411,147)
|
(10,563,081)
| |
Loss on net monetary position
|
6,620,225
|
(5,892,340)
| |
Working capital adjustments:
| |||
(Increase) Decrease in trade and other receivables
|
(102,124)
|
17,675,792
| |
(Increase) Decrease in other non-financial assets and inventories
|
(723,399)
|
457,834
| |
Decrease in trade and other payables, other non-financial liabilities and liabilities from employee benefits
|
(3,383,485)
|
(9,830,342)
| |
10,717,208
|
17,379,089
| ||
Trade and tax interests paid
|
(564,997)
|
-
| |
Interest received
|
2,599,253
|
3,078,280
| |
Income tax paid
|
(3,944,611)
|
(4,732,510)
| |
Net cash flows provided by operating activities
|
8,806,853
|
15,724,859
| |
Investing activities
| |||
Purchase of property, plant and equipment
|
(4,597,771)
|
(6,199,589)
| |
Sale of property, plant and equipment
|
3,307,763
|
-
| |
Loans collected to subsidiaries, net
|
756,903
|
3,816,345
| |
Interests collected from granted loans
|
68,468
|
63,340
| |
Dividends received
|
132,498
|
380,504
| |
Sale (Acquisition) of other financial assets, net
|
1,363,670
|
(7,975,289)
| |
Capital contributions to subsidiaries
|
(2,164,641)
|
(2,796,179)
| |
Net cash flows used in investing activities
|
(1,133,110)
|
(12,710,868)
| |
Financing activities
| |||
Bank and investment accounts overdrafts paid, net
|
(560,608)
|
(2,568,423)
| |
Long-term loans paid
|
(5,517,854)
|
(417,597)
| |
Interest and other financial costs paid
|
(1,605,407)
|
(1,921,932)
| |
Net cash flows used in financing activities
|
(7,683,869)
|
(4,907,952)
| |
Decrease in cash and cash equivalents
|
(10,126)
|
(1,893,961)
| |
Exchange difference and other financial results
|
32,449
|
155,382
| |
Monetary results effect on cash and cash equivalents
|
(28,637)
|
(96,415)
| |
Cash and cash equivalents as of January 1
|
26,827
|
1,920,338
| |
Cash and cash equivalents as of September 30
|
20,513
|
85,344
|
42 |
English translation of the consolidated financial statements originally filed in Spanish with the Argentine Securities Commission ("CNV").
In case of discrepancy, the consolidated financial statements filed with the CNV prevail over this translation.
|
43 |
English translation of the consolidated financial statements originally filed in Spanish with the Argentine Securities Commission ("CNV").
In case of discrepancy, the consolidated financial statements filed with the CNV prevail over this translation.
|
09-30-2021
|
12-31-2020
| |||||||||||||||||
Name and characteristics
of securities and issuers
|
Class
|
Face value
|
Number
|
Cost
value
|
Listed
price
|
Value obtained by the equity method
|
Share of profit of subsidiaries
|
Book
value
|
Book
value
| |||||||||
INVESTMENT IN SUBSIDIARIES
| ||||||||||||||||||
Central Vuelta de Obligado S.A.
|
1 vote
|
1
|
280,950
|
281
|
Unlisted
|
168,249
|
79,918
|
168,249
|
225,407
| |||||||||
CP Renovables S.A.
|
1 vote
|
1
|
9,636,166,518
|
9,636,167
|
Unlisted
|
11,442,405
|
2,096,751
|
11,442,405
|
8,391,806
| |||||||||
Proener S.A.U.
|
1 vote
|
1
|
7,462,904,131
|
7,462,904
|
Unlisted
|
6,808,981
|
(2,218,879)
|
6,808,981
|
27,282
| |||||||||
Vientos La Genoveva S.A.U.
|
1 vote
|
1
|
1,615,451,861
|
1,615,452
|
Unlisted
|
4,005,897
|
1,337,348
|
4,005,897
|
2,668,550
| |||||||||
Vientos La Genoveva II S.A.U.
|
1 vote
|
1
|
498,293,542
|
498,294
|
Unlisted
|
2,452,027
|
499,344
|
2,452,027
|
1,952,683
| |||||||||
1,794,482
|
24,877,559
|
13,265,728
|
Latest available financial information
| |||||
Name and characteristics
of securities and issuers
|
Date
|
Capital stock
|
(Loss)
Income
|
Equity
|
Direct and indirect equity interest %
|
INVESTMENT IN SUBSIDIARIES
| |||||
Central Vuelta de Obligado S.A.
|
09/30/2021
|
500
|
141,295
|
299,429
|
56.19%
|
CP Renovables S.A.
|
09/30/2021
|
10,101,498
|
2,105,781
|
12,101,893
|
100.00%
|
Proener S.A.U.
|
09/30/2021
|
7,462,904
|
(2,218,879)
|
6,819,143
|
100.00%
|
Vientos La Genoveva S.A.U.
|
09/30/2021
|
1,615,452
|
1,356,494
|
3,528,922
|
100.00%
|
Vientos La Genoveva II S.A.U.
|
09/30/2021
|
498,294
|
508,226
|
2,126,055
|
100.00%
|
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Disclaimer
Central Puerto SA published this content on 17 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 17 November 2021 21:20:21 UTC.