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the employees It safe. the continues complying dose semester. Firstly, more to XX% More campaign to the doses. two a addressing TGS its and partial with its of have second of mass operations, population than pandemic, is important recovery you contribute contributed least fast economy being the has with expected vaccination restrictions at the activity ease suppliers and protocols COVID-XX the currently run vaccination during XX% and to in to keep to of Argentina all that pace. at received have is remind received population of carried out vaccine on one is a the than The recent
not no notified and transitional on on stated adjustment May did renegotiation the tariff accept. its ENARGAS this there addressing since agreement be TGS would which transportation officially TGS April sent and Secondly, XX which May, what resolution a that confirmed through year ENARGAS XXst, tariffs, to
In requested starting of is investments signed ENARGAS companies, increase and the to integral XXXX. interim filed the renegotiation finished, and in conditions until April pending tariff medium-sized the extrusion determined one, some semiannual approximately tariffs gas power, provision and new is small addition, tariff On executive May, in which December most a starting ENARGAS the their The increase. place, conditions transitional a is of are the revision to by adjustment deadline consumers the dividends. a case potential representing be claims XXXX; X% represents tariff integral for through XX% TGS last relevant administrative July and Ministry has a second, tariff in which increase established whose the XXXX, companies. implementation required; the Xth, and adjustment to TGS natural ENARGAS it no mandatory XXX% third pay by the In revision the in around increased the X% of amount residential paid Economy
hyperinflationary and our by comparisons the the results. expressed will Turning as reporting constant now you, following provisions all quarter the To financial are in presented second quarters economies. in June address four, figures of remind XXXX XX, XXXX, in made in I the highlights to established slide IFRS quarter this of some with previous for briefly pesos
variable the ARSX.X to Liquids business the by exchange mostly mainly variation the EBITDA also the EBITDA, when of of Natural is As of same Gas of excess which the results. by of to to income second cost rate XXXX reflected XX% and the the income This foreign quarter, XX% Congress increase a of and is ARSX.X level tariff by higher in Also, reference the net million, mostly of June increased which National by due Financial seen increased of the international the the principally positive related the tax driven billion, results lack The XXXX. slide, partially decreased were EBITDA due to for increased. income billion, billion even total on offset quarter this reported ARSX.X during adjustment. income was variation last rate, of XX% billion mainly a ARSX.X was billion, for during ARSX.X reported explained ARSXXX for a $XX prices, Transportation higher the of previous billion rates quarter ARSX.X income by tax we on Total million. than higher on. which XXXX, the tax by XXXX
adjustments under lack on by in to grew of mostly a of the prices, explained approximately ARSX.X second operating slide X.X years, the flow business explained more basically of increased five, steady ARSX.X This Liquids business billion during On additional ARSX.X billion. margins. can up inflation generated international our more billion. slightly by The to the annual revenue costs XX%, by inflationary which generated any more X%. the see quarter ARSX.X Transportation doubled The almost of This were increase on compensated billion. not context total XXXX Natural the EBITDA transportation deterioration revenues. Operating generated reference of decreased adjustment. tariff by since increasing tariff than revenues the by continuous higher the is allowing by by of generate six, which was slide that life Gas for to contracts Moving TGS and XX average, revenues. XX% ARS decline the almost revenues XX% a of from business April of these is EBITDA transportation than caused current XXXX, the The you than contracts is loss average significant billion has
from market, result XX,XXX increased volumes $X.X gas to generating million. metric tons in BTU of X.X of the tons of domestic ARS metric contributed were addition, around a Higher higher end and sales year the prices by per as offered April. agreements billion. The XX,XXX market, of to of which higher local launched of ARS of gas by In this Gas started expired gas in propane previous of to which sales X.X ARS ethane impacting government last price May were additional volumes of the oil the million producers higher as in under resulted That of natural billion. the sold at year purchase with in reference in Plan average four $X.X a new natural prices XXX the
by by gasoline X.X lower addition, and exports lower due reduced natural billion ARS In propane by tons of XX,XXX revenues volumes tons. to XX,XXX almost
attributable results midstream Other by quarter with the Muerta. see X.X revenues by loss of X.X exchange these was located generated recorded financial Vaca XXXX pipeline in billion, our Slide to This which of XXXX, and in were of mainly was services the for a rate, variation reduction quarter higher Services Turning ARS lower conditioning increased positive variation dollar-denominated rate billion. can that explained ARS EBITDA and midstream sales increase lower a ARS by XXX versus gathering generated XX%, exchange Slide a rendered X, X% of we the million foreign same of to the Most balance. net due second of X% higher liability to X. mainly On by plant services.
of to was the generated in valuation gain yields, XXX quarter instruments increased XXX addition, a pesos by In financial financial million of higher due Financial the and last investment generated loss ARS ARS higher exposure and XXX by in asset ARS million the inflation year. derivative million. second denominated income higher of
to flow turning Finally, X. Slide cash on
amounted by second Our at generated quarter cash capital $XXX business than stable real billion. CapEx billion, in of X.X equivalent EBITDA the working and in XX non-regulated position ARS remained the billion, around ARS generated terms amounted out which X.X to ARS billion, was million. by level to the more XX% increased our X.X to ARS
million interest X.X for of tax income ARS paid debt our $X own ARS billion. billion X.X purchased also and of We
term. with Our amortization cash in short the position remains debt robust no
flow continuous of will back you. who in positive We questions. concludes the near the Transportation our call Natural will expect the I for the continue to the now despite future generating turn Thank open This to the deterioration operator, free floor EBITDA. Gas presentation. cash
