Loma Negra Compania Industrial Argentina Sociedad Anonima | CIK:0001711375 | 3

  • Filed: 4/27/2018
  • Entity registrant name: Loma Negra Compania Industrial Argentina Sociedad Anonima (CIK: 0001711375)
  • Generator: Donnelley Financial Solutions
  • SEC filing page: http://www.sec.gov/Archives/edgar/data/1711375/000119312518139208/0001193125-18-139208-index.htm
  • XBRL Instance: http://www.sec.gov/Archives/edgar/data/1711375/000119312518139208/loma-20171231.xml
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  • ifrs-full:DisclosureOfCostOfSalesExplanatory

    6. COST OF SALES

     

              12.31.2017           12.31.2016           12.31.2015  

    Inventories at the beginning of the year

          1,893,110,238         1,149,148,017         937,789,760  

    Finished products

        141,811,446         88,253,896         100.664.946    

    Products in progress

        611,224,018         221,614,930         142.891.109    

    Raw materials, materials, spare parts and fuels

        1,140,074,774         839,279,191         694,233,705    
     

     

     

         

     

     

         

     

     

       

    Acquisition of inventories from business combination under common control (Note 16)

              181,795,914      

    Currency translation differences

          37,467,329          

    Purchases and production expenses for the year

          10,968,000,755         7,826,688,763         6,019,855,732  

    Purchases

        1,717,979,151         1,186,017,343         982,393,494    

    Production expenses

        9,250,021,604         6,640,671,420         5,037,462,238    
     

     

     

         

     

     

         

     

     

       

    Inventories at the end of the year

          (2,048,513,037       (1,893,110,238       (1,149,148,017

    Finished products

        (163,360,814       (141,811,446       (88,253,896  

    Products in progress

        (536,131,353       (611,224,018       (221,614,930  

    Raw materials, materials, spare parts, fuels and transit

        (1,349,020,870       (1,140,074,774       (839,279,191  
     

     

     

         

     

     

         

     

     

       
       

     

     

         

     

     

         

     

     

     

    Cost of sales

          10,850,065,285         7,264,522,456         5,808,497,475  
       

     

     

         

     

     

         

     

     

     

     

    The detail of production expenses is as follows:

     

         12.31.2017      12.31.2016      12.31.2015  

    Fees and compensation for services

         151,673,784        47,113,221        34,397,004  

    Salaries, wages and social security charges

         2,086,896,570        1,481,271,792        1,080,334,612  

    Transport and travelling expenses

         88,214,842        58,832,563        41,562,188  

    Data processing

         8,356,653        5,019,037        3,043,006  

    Taxes, contributions and commissions

         167,772,786        118,499,467        94,746,427  

    Depreciation

         636,340,748        496,276,064        321,218,289  

    Preservation and maintenance costs

         1,094,651,627        804,883,164        594,298,917  

    Communications

         9,918,041        8,257,581        6,307,361  

    Leases

         24,714,188        24,086,042        9,799,723  

    Employee benefits

         48,680,437        32,901,197        25,540,733  

    Water, natural gas and energy services

         3,667,657        2,556,005        1,501,884  

    Freight

         1,094,050,471        525,926,147        543,209,855  

    Thermal energy

         1,487,981,855        1,169,019,254        937,692,064  

    Insurance

         22,216,570        17,342,955        12,476,569  

    Packaging

         372,470,018        344,022,485        267,066,779  

    Electrical power

         957,781,503        764,384,506        508,408,065  

    Contractors

         739,133,948        555,180,078        398,542,270  

    Tolls

         3,983,187        9,914,218        4,162,335  

    Canon

         11,143,956        8,379,420        22,870,512  

    Security

         80,169,951        58,181,906        40,943,623  

    Others

         160,202,812        108,624,318        89,340,022  
      

     

     

        

     

     

        

     

     

     

    Total

         9,250,021,604        6,640,671,420        5,037,462,238