v3.25.4
LEASES LIABILITIES (Tables)
 12 Months Ended
Dec. 31, 2025
LEASES LIABILITIES  
Schedule of lease liabilities

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As of December 31, 

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2025

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2024

Current

 

149,030

 

98,045

Non- current

 

239,266

 

182,123

Total lease liabilities

 

388,296

 

280,168
Schedule of movements in the lease liabilities

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Years ended December 31, 

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2025

  ​ ​ ​

2024

At the beginning of the year

 

280,168

 

253,937

Increases (1)

 

179,551

 

283,793

Acquisitions through business combination (2)

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134,471

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Financial results, net (3)

 

72,573

 

31,914

Payments

 

(196,180)

 

(121,016)

Decreases (included RECPAM and currency translation adjustments)

 

(82,287)

 

(168,460)

At the end of the year

 

388,296

 

280,168

(1)Included in acquisitions of Rights of use.

(2)Corresponds to the acquisition of TMA (see Note 29).

(3)Included in Other foreign currency exchange gains (losses) and Other interests, net.