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Pampa Energía announces results for the quarter ended on March 31, 2021
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BUENOS AIRES, Argentina, May 12, 2021 /PRNewswire/ Pampa Energía S.A. (NYSE: PAM; Buenos Aires Stock Exchange: PAMP), the largest independent energy integrated company in Argentina, with active participation in the country s electricity and gas value chain, announces the results for the quarter ended on March 31, 2021.
As of January 1, 2019, the Company adopted US$ as functional currency for the reporting of its financial information. The presentation of this information in AR$ is converted at transactional nominal exchange rate ( FX ).
However, Edenor (electricity distribution), Transener, TGS and Refinor (holding and others) record their operations in local currency. Thus, the Q1 21 figures are adjusted by inflation as of March 31, 2021 (6.1%), translated to US$ at closing FX of 92.00. Moreover, the Q1 20 figures are adjusted by inflation as of Ma
(Figures may not sum up due to rounding) (does not include IP telephony lines, which as of March 31, 2021 amounted to approximately 406 thousand)
Telecom Argentina S.A. ( Telecom Argentina ) - (NYSE: TEO; BASE: TECO2), announced today a Net Income of $9,012 million for the period ended March 31, 2021 (+139.2% vs. 1Q20). The Net Income attributable to the Controlling Company was P$8,741 million (+140.4% vs. 1Q20).
It is worth mentioning that the comparative figures for the previous fiscal year have been restated so that the resulting comparative information is presented in terms of the current measurement unit as of March 31, 2021.
The following table shows the evolution of the consumer price index (National CPI) for the last three fiscal years and as of March 31, 2020 and 2021 according to the official statistics (INDEC), which were used to restate the figures in constant currency:
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BUENOS AIRES, Argentina, April 30, 2021 /PRNewswire/ Pampa Energía S.A. (NYSE: PAM; Buenos Aires Stock Exchange: PAMP) ( Pampa or the Company ), the largest independent energy integrated company in Argentina, with participation in the electricity and gas value chain, announces today it has filed its annual report on Form 20-F for the fiscal year ended December 31, 2020 (the 2020 Annual Report ) before the U.S. Securities and Exchange Commission (the SEC ). The 2020 Annual Report can be accessed by visiting either the SEC s website at www.sec.gov or the Company s Investor Relations website at ri.pampaenergia.com/en. In addition, shareholders may receive a hard copy of the Company s 2020 Annual Report free of charge by requesting a copy within a reasonable period of time from Pampa s Investor Relations office, at [email protected].