The following table shows information of the subsidiaries:
Information of the issuer |
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Description of the Securities | Last available financial statements | |||||||||||||||||||||||||||||||||||
Name and Issuer |
Class | Face Value |
Amount |
Main Business |
Registered Address |
Date | Capital stock |
Net profit / (loss) |
Equity | Holding in Capital Stock |
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Subsidiaries:(8) |
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YPF International S.A.(6) |
Common | Bs. | 100 | 66,897 | Investment | Street La Plata 19, Santa Cruz de la Sierra, República de Bolivia | 12-31-17 | 15 | (1 | ) | 24 | 100.00 | % | |||||||||||||||||||||||
YPF Holdings Inc.(6) |
Common | US$ | 0.01 | 810,614 | Investment and finance | 10333 Richmond Avenue I, Suite 1050, TX, U.S.A. | 12-31-17 | 15,075 | (429 | ) | (3,726 | ) | 100.00 | % | ||||||||||||||||||||||
Operadora de Estaciones de Servicios S.A. |
Common | $ | 1 | 163,701,747 | Commercial management of YPF’s gas stations | Macacha Güemes 515, Buenos Aires, Argentina | 12-31-17 | 164 | 709 | 907 | 99.99 | % | ||||||||||||||||||||||||
A-Evangelista S.A. |
Common | $ | 1 | 307,095,088 | Engineering and construction services | Macacha Güemes 515, Buenos Aires, Argentina | 12-31-17 | 307 | 3 | 1,127 | 100.00 | % | ||||||||||||||||||||||||
YPF Servicios Petroleros S.A. |
Common | $ | 1 | 50,000 | Wells perforation and/or reparation services | Macacha Güemes 515, Buenos Aires, Argentina | 12-31-17 | — | (7) | (174 | ) | (192 | ) | 100.00 | % | |||||||||||||||||||||
Metrogas S.A. |
Common | $ | 1 | 398,419,700 | Providing the public service of natural gas distribution | Gregorio Aráoz de Lamadrid 1360, Buenos Aires, Argentina. | 12-31-17 | 569 | 773 | 8,985 | 70.00 | % | ||||||||||||||||||||||||
YPF Energía Eléctrica S.A. |
Common | $ | 1 | 2,506,555,895 | Exploration, development, industrialization and marketing of hydrocarbons, and generation, transportation and marketing of electric power | Macacha Güemes 515, Buenos Aires, Argentina | 12-31-17 | 2,507 | 928 | 3,441 | 100.00 | % | ||||||||||||||||||||||||
YPF Chile S.A.(6) |
Common | — | — | 50,968,649 | Lubricants and aviation fuels trading and hydrocarbons research and exploration | Villarica 322; Módulo B1, Qilicura, Santiago | 12-31-17 | 849 | (103 | ) | 1,389 | 100.00 | % | |||||||||||||||||||||||
YPF Tecnología S.A. |
Common | $ | 1 | 234,291,000 | Investigation, development, production and marketing of technologies, knowledge, goods and services | Macacha Güemes 515, Buenos Aires, Argentina | 12-31-17 | 459 | 38 | 690 | 51.00 | % | ||||||||||||||||||||||||
YSUR Inversora S.A.U.(6)(9) |
— | — | — | Investment | Macacha Güemes 515, Buenos Aires, Argentina | 12-31-16 | 2,657 | (1 | ) | 5,397 | 100.00 | % | ||||||||||||||||||||||||
YSUR Inversiones Petroleras S.A.U.(6)(9) |
— | — | — | Investment | Macacha Güemes 515, Buenos Aires, Argentina | 12-31-16 | 230 | — | (7) | 391 | 100.00 | % | ||||||||||||||||||||||||
YSUR Petrolera Argentina S.A. (6)(9) |
— | — | — | Exploration, extraction, exploitation, storage, transportation, industrialization and marketing of hydrocarbons, as well as other related operations | Macacha Güemes 515, Buenos Aires, Argentina | 12-31-16 | 634 | 106 | 570 | 100.00 | % | |||||||||||||||||||||||||
Compañía de Inversiones Mineras S.A. |
Common | $ | 1 | 236,474,420 | Exploration, exploitation, processing, management, storage and transport of all types of minerals; assembly, construction and operation of facilities and structures and processing of products related to mining | Macacha Güemes 515, Buenos Aires, Argentina | 12-31-17 | 236 | (21 | ) | 182 | 100.00 | % | |||||||||||||||||||||||
Bajo del Toro II S.R.L. |
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Social cuotes |
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$ | 1 | 1,270,815,165 | Exploration, discovery, exploitation, purchase, production, storage, transport, import, export and marketing of all types of liquid or gaseous hydrocarbons and exercise all acts that are not prohibited by law including but not limited to the execution of money loans as lender and/or borrower. | Macacha Güemes 515, Buenos Aires, Argentina | 12-31-17 | 1,271 | 90 | 1,341 | 100.00 | % |
The following table shows the investments in associates and joint ventures:
12-31-2017 | 12-31-2016 | |||||||||||||||||||||||||||||||||||||||||||||||
Information of the issuer |
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Description of the Securities | Last available financial statements | |||||||||||||||||||||||||||||||||||||||||||||||
Name and Issuer |
Class | Face Value | Amount | Book value(2) | Cost (1) |
Main Business |
Registered Address |
Date | Capital stock |
Net profit / (loss) |
Equity | Holding in Capital Stock |
Book Value (2) | |||||||||||||||||||||||||||||||||||
Joint Ventures: |
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Compañía Mega S.A.(5)(6) |
Common | $ | 1 | 244,246,140 | 1,725 | — | Separation, fractionation and transportation of natural gas liquids | San Martín 344, P. 10º, Buenos Aires, Argentina | 09-30-17 | 643 | 1,071 | 2,381 | 38.00 | % | 1,208 | |||||||||||||||||||||||||||||||||
Profertil S.A.(6) |
Common | $ | 1 | 391,291,320 | 2,862 | — | Production and marketing of fertilizers | Alicia Moreau de Justo 740, P. 3, Buenos Aires, Argentina | 09-30-17 | 783 | 197 | 1,249 | 50.00 | % | 1,897 | |||||||||||||||||||||||||||||||||
Refinería del Norte S.A. |
Common | $ | 1 | 45,803,655 | 483 | — | Refining | Maipú 1, P. 2º, Buenos Aires, Argentina | 09-30-17 | 92 | (10 | ) | 980 | 50.00 | % | 468 | ||||||||||||||||||||||||||||||||
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5,070 | — | 3,573 | ||||||||||||||||||||||||||||||||||||||||||||||
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Associates: |
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Oleoductos del Valle S.A. |
Common | $ | 10 | 4,072,749 | 242 | — | Oil transportation by pipeline | Florida 1, P. 10º, Buenos Aires, Argentina | 09-30-17 | 110 | 135 | 576 | 37.00 | % | 174 | |||||||||||||||||||||||||||||||||
Terminales Marítimas Patagónicas S.A. |
Common | $ | 10 | 476,034 | 103 | — | Oil storage and shipment | Av. Leandro N. Alem 1180, P. 11º, Buenos Aires, Argentina | 09-30-17 | 14 | 20 | 304 | 33.15 | % | 94 | |||||||||||||||||||||||||||||||||
Oiltanking Ebytem S.A. |
Common | $ | 10 | 351,167 | 211 | — | Hydrocarbon transportation and storage | Terminal Marítima Puerto Rosales – Provincia de Buenos Aires, Argentina. | 09-30-17 | 12 | 247 | 279 | 30.00 | % | 184 | |||||||||||||||||||||||||||||||||
Gasoducto del Pacífico (Argentina) S.A. |
Preferred | $ | 1 | 15,579,578 | 44 | — | Gas transportation by pipeline | San Martín 323, P.13°, Buenos Aires, Argentina | 12-31-17 | 156 | 116 | 445 | 10.00 | % | 33 | |||||||||||||||||||||||||||||||||
Central Dock Sud S.A. |
Common | $ | 0.01 | 11,869,095,145 | — | (10) | — | Electric power generation and bulk marketing | Pasaje Ingeniero Butty 220, P.16°, Buenos Aires, Argentina | 03-31-17 | 1,231 | 46 | 1,865 | 10.25 | %(4) | 175 | ||||||||||||||||||||||||||||||||
Inversora Dock Sud S.A. |
Common | $ | 1 | 355,270,303 | — | (10) | — | Investment and finance | Pasaje Ingeniero Butty 220, P.16°, Buenos Aires, Argentina | 03-31-17 | 829 | 32 | 1,343 | 42.86 | % | 569 | ||||||||||||||||||||||||||||||||
Oleoducto Trasandino (Argentina) S.A. |
Preferred | $ | 1 | 12,135,167 | 41 | — | Oil transportation by pipeline | Macacha Güemes 515, P.3º, Buenos Aires, Argentina | 09-30-17 | 34 | 9 | 118 | 36.00 | % | 37 | |||||||||||||||||||||||||||||||||
YPF Gas S.A |
Common | $ | 1 | 59,821,434 | 235 | — | Gas fractionation, bottling, distribution and transport for industrial and/or residential use | Macacha Güemes 515, P.3º, Buenos Aires, Argentina | 09-30-17 | 176 | 215 | 884 | 34.00 | % | 172 | |||||||||||||||||||||||||||||||||
Other companies: |
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Other(3) |
— | — | — | 111 | (10) | 208 | — | — | — | — | — | — | — | 489 | ||||||||||||||||||||||||||||||||||
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987 | 208 | 1,927 | ||||||||||||||||||||||||||||||||||||||||||||||
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6,057 | 208 | 5,500 | ||||||||||||||||||||||||||||||||||||||||||||||
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(1) | Corresponds to cost and contributions, net of dividends collected and capital reductions. |
(2) | Corresponds to Holding in shareholders’ equity plus adjustments to conform to YPF accounting principles. |
(3) | Includes Gasoducto del Pacífico (Cayman) Ltd., A&C Pipeline Holding Company, Poligás Luján S.A.C.I., Oleoducto Transandino (Chile) S.A., Bizoy S.A., Civeny S.A., Bioceres S.A. and Petrofaro S.A. |
(4) | Additionally, the Group has a 29.99% indirect holding in capital stock through Inversora Dock Sud S.A. |
(5) | As stipulated by shareholders’ agreement, joint control is held in this company by shareholders. |
(6) | The U.S. dollar has been defined as the functional currency of this company. |
(7) | No value is disclosed because the carrying value is less than 1. |
(8) | Additionally, consolidates Compañía Minera de Argentina S.A., YPF Services USA Corp., YPF Europe B.V., YPF Brasil Comércio Derivado de Petróleo Ltda, Wokler Investment S.A., YPF Colombia S.A.S., Miwen S.A., Eleran Inversiones 2011 S.A.U., Lestery S.A., Energía Andina S.A Resources Netherlands B.V. and Bajo de Toro I S.R.L. |
(9) | Companies merged with YPF. |
(10) | The investments that YPF holds in CDS, IDS, YGEN I e YGEN II through its subsidiary YPF EE were reclassified to Assets held for disposal. See Note 3 and the evolution of Investments in associates and joint ventures in this Note. |