v3.25.4
FINANCIAL RESULTS, NET (Tables)
12 Months Ended
Dec. 31, 2025
FINANCIAL RESULTS, NET  
Schedule of financial results, net

  ​ ​ ​

Years ended December 31, 

  ​ ​ ​

2025

  ​ ​ ​

2024

  ​ ​ ​

2023

Profit (loss)

Interests on borrowings (*)

 

(386,126)

 

(173,837)

 

(167,520)

Remeasurement in borrowings (**)

 

4,477

 

(135,137)

 

142,649

Foreign currency exchange gains (losses) on borrowings (***)

 

(367,191)

 

2,220,302

 

(1,789,911)

Borrowings renegotiation results

 

 

2,853

 

(2,289)

Results from repurchase of Notes

 

 

605

 

Total financial results from borrowings

 

(748,840)

 

1,914,786

 

(1,817,071)

Fair value gains (losses) on financial assets at fair value through profit or los

88,469

(59,723)

184,263

Other foreign currency exchange gains (losses)

39,855

246,837

(171,265)

Other interests, net

(63,399)

31,964

44,202

Other taxes and bank expenses

(107,611)

(153,433)

(72,582)

Financial expenses on pension benefits

(4,221)

(8,861)

(5,317)

Financial discounts on assets, debts and others

(25,911)

(36,340)

(20,847)

RECPAM

183,617

170,007

538,038

Total other financial results, net

110,799

190,451

496,492

Total financial results, net

(638,041)

2,105,237

(1,320,579)

(*)

Includes $3,613 million and $(3,558) million corresponding to net income (losses) generated by DFI in fiscal years 2024 and 2023, respectively.

(**)

Related to Notes issued in UVA.

(***)

Includes $(32,864) million, $(71) million and $22,722 million corresponding to net income (losses) generated by DFI in fiscal years 2025, 2024 and 2023, respectively.