Telecom Argentina Sa Class B · BCBA:TECO2
Telecom Argentina Sa Class B — FY2023 Earnings Presentation
17 slides from Telecom Argentina Sa Class B's earnings presentation, Mar 11, 2024
Slide 1: Telecom Argentina Press Release FY23 & 4Q23
telecom | personal | flow Telecom Argentina Press Release FY23 & 4Q23
Slide 2: Consolidated Revenues and EBITDA
*(Figures may not add up due to rounding) ** (in constant currency - includes right-of-use assets as of December 31, 2023, for P$85,619 million and as of December 31, 2022, for P$65,386 million) *** (Includes IP telephony lines, which amounted to approximately 1.52 million and 1.10 million as of Dec
Slide 3: Revenues and EBITDA FY23 vs FY22 with IAS 29 adjustment
2,270,728 2,059,101 538,708 Fy23 FY22 FY23 IAS 29 IAS 29 SIAS 29 Adjustment (Inflation)
Slide 4: Operating Income (Loss) (EBIT) and Net Income (Loss)
Operating Income (Loss) (EBIT) (in million P$) Net Income (Loss) (in million P$)
Slide 5: Operating and Net Income (Loss) with IAS 29 adjustment
les (225,065) (255,118) (2,003,605) FY? Fv23 Fv22 Fv23 as 29 1as29 {BIAS 29 Adjustment (Inflation)
Slide 6: Fv22 FY23 Fy22 Fy23
(109,942) Fv22 FY23 Fy22 Fy23 TAS 29 IAS 29
Slide 7: FY23 vs FY22 Key Financial Figures
IAS 29 IAS 29 FY23 FY22 ey ae Consolidated Revenues (MMP$) 2,059,101 2,270,728 (211,627) (9.3%) Net Loss attributable to Controlling Company (MMP$) (257,730) (647,208) 389,478 (60.2%) Net Loss attributable to Controlling Company per Share (P$) (119.7) (300.5) 180.8 Net Loss attributable to Controlli
Slide 8: Income Tax and Consolidated Net Financial Results
TELECOM ARGENTINA 7 *Related to Notes issued in UVA Income Tax Telecom’s income tax includes the following effects: i) the current income tax, determined based on the current tax legislation applicable to Telecom, ii) the effect of applying the deferred tax method on temporary differences generated
Slide 9: Debt note issuances
TELECOM ARGENTINA 8 (1) For the Series 15 notes, the subscription price was above par, thus, the Company received funds equivalent to US$ 102.3 million. * (2) For the Series 16 notes, the subscription price was above par, thus, the Company received funds equivalent to US$ 213.2 million. * (3) For th
Slide 10: Relevant events after December 31, 2023
TELECOM ARGENTINA 9 Relevant events after December 31, 2023 Resignation of Alternate Member of the Supervisory Committee On February 5, 2024, the Company received the resignation letter from the Alternate Member of the Supervisory Committee Luciano Nicolás Giménez, effective as of that date, due to
Slide 11: Consolidated Balance Sheet
‘Consolidated Balance Sheet (Restated by inflation, comparative figures in constant currency as of December 2023) Cash and cash equivalents” Financial Investments" Trade receivables Other Receivables Inventories Assets held forsale Total current assets Financial Investments ‘Trade receivables Goodwi
Slide 12: Segment information for periods ended December 2023 and 2022
(Segment information for periods ended as of December 31 of 2023 and 2022 as analyzed by the CEO, who periodically receives the financial information of Telecom and its subsidiaries (in historical values)) Services renderedin Services renderedin caner—-«ANEF abyendl_— thet abroad ssotbecenterst,2029
Slide 13: Consolidated Income Statements restated by inflation
(Allows the understanding of the vartations of the Income Statement in real anal Revenues Consolidated Operating Costs Operating loss Net Financial results and earnings from associates and joint ventures Net loss before income tax expense Income tax expense Net loss Attributable to: Controlling Comp
Slide 14: Consolidated Income Statements restated by inflation (three months)
5- Consolidated Income Statements - restated by inflation (constant figures) Three Months Comparison Revenues Consolidated Operating Costs Operating loss, Net Financial results and eamings from associates and joint ventures Net loss before income tax expense Income tax expense Net loss Attributable
Slide 15: Revenues from services by category
revenues as of 2023) REVENUES FROM SERVICES: Mobile Services Internet Services Cable TV Services Fixed Telephony and Data Services ther service revenues. (Revenues as of 2022 restated to 2023 values include a variation due fo the restatement of approximately 321.5%. a restatement variation of 82.2%
Slide 16: Consolidated Income Statements restated by inflation
di come Statements - restated by stant fig (Allows the understanding of the variations of the Income Statement in real terms) 12/31123 42131122 FY231AS29__vs. FY221AS 29 Tas 29 TAS 29 = FY231AS29 peiustment FY221A829 pciuctment as A% Revenues 2050,101 29271 2270728 41782020 (atg2r) Employee benefit
Slide 17: Signatures
TELECOM ARGENTINA 17 SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. Telecom Argentina S.A. Date: March 11, 2024 By: /s/ Luis Fernando Rial Ubago Name: