YPF(YPF) - 2024 Q4 - Annual Report

Cash Flow - Net cash flows from operating activities in 2024 amounted to US$5,869 million, a decrease of US$ 44 million compared to US$5,913 million in 2023, primarily due to lower dividends received [619]. - Net cash flows used in investing activities in 2024 were US$ 5,511 million, an increase of US$179 million from US$ 5,332 million in 2023, mainly due to lower proceeds from sales of financial assets [620]. - Net cash flows used in financing activities in 2024 were US$293 million, primarily due to interest payments of US$ 707 million [621]. Debt and Liabilities - Total debt as of December 31, 2024, was US$11,491 million, with US$ 2,301 million maturing in less than one year [626]. - Total other liabilities amounted to US$7,803 million as of December 31, 2024, including exploratory and development commitments of US$ 1,994 million [623]. Cash and Investments - Total cash and cash equivalents at the end of fiscal year 2024 were US$1,118 million, slightly down from US$ 1,123 million at the beginning of the year [619]. - Capital investments and expenditures in 2024 totaled US$5,537 million, with 74.3$ 6,490 million as of December 31, 2024, with US$ 1,235 million maturing in less than one year [622]. Compliance and Expansion - The company is in compliance with its financial covenants as of December 31, 2024, ensuring liquidity and operational stability [617]. - The company signed assignment agreements for 8 groups of assets, subject to regulatory approvals, indicating ongoing market expansion efforts [629].