Note 24 – Finance income and expenses
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Years ended December 31, |
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2017 |
2016 |
2015 |
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Interest on cash equivalents |
5 | 1 | 20 |
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Gains on other short-term investments |
121 | 61 | 169 |
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Gains on investments (Argentine companies notes and Governments bonds) |
979 | 287 | 432 |
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Interest on receivables |
763 | 373 | 183 |
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Foreign currency exchange gains |
1,217 | 273 | 316 |
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TUVES share purchase option |
- |
11 | 9 |
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Other |
30 |
- |
1 |
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Total finance income |
3,115 | 1,006 | 1,130 |
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Interest on loans |
(928) | (1,613) | (566) |
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Interest on salaries and social security payable, other taxes payables and accounts payable |
(49) | (37) | (26) |
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Interest on provisions (Note 17) |
(320) | (207) | (137) |
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Loss on discounting of salaries and social security payables, other taxes payable and other liabilities |
(6) | (15) | (9) |
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Foreign currency exchange losses (*) |
(2,224) | (1,328) | (1,456) |
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TUVES share purchase option |
(24) |
- |
- |
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Interest on pension benefits (Note 16) |
(47) | (38) | (28) |
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Other |
(3) | (12) | (10) |
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Total finance expenses |
(3,601) | (3,250) | (2,232) |
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Total finance income, net |
(486) | (2,244) | (1,102) |
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(*) Includes 40, 5 and 432 of foreign currency exchange gains (losses), net generated by NDF for the years ended on December 31, 2017, 2016 and 2015, respectively.