Form SD - Specialized disclosure report

---

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM SD

Specialized Disclosure Report

TRANSPORTADORA DE GAS DEL SUR S.A.

(Exact name of registrant as specified in its charter)

 

GAS TRANSPORTER OF THE SOUTH INC.

(Translation of registrant’s name into English)

 

Republic of Argentina		001-13.396		N/A
(State or other jurisdiction of incorporation)		(Commission File Number)		(I.R.S. Employer Identification No.)

 

Cecilia Grierson 355 26th Floor C1107CPG City of Buenos Aires Argentina		C1107CPG
(Address of principal executive offices)		(Zip Code)

 

Leandro Pérez Castaño

(54-11)-4371-5100

[e-mail]

(Name and telephone number, including area code, of the person to contact in connection with this report.)

 

Check the appropriate box to indicate the rule pursuant to which this Form is being submitted, and provide the period to which the information in this Form applies:

 

☐	Rule 13p-1 under the Securities Exchange Act (17 CFR 240.13p-1) for the reporting period from January 1 to December 31, _______.

 

☒	Rule 13q-1 under the Securities Exchange Act (17 CFR 240.13q-1) for the fiscal year ended December 31, 2023.

 

---

---

Section 2 – Resource Extraction Issuer Disclosure

Item 2.01

Resource Extraction Issuer Disclosure and Report

Disclosure of Payments by Resource Extraction Issuers

The specified payment disclosure required by this Form is included in Exhibit 2.01 hereto.

Section 3 – Exhibits

Item 3.01

Exhibits

Exhibit No.
2.01	Resource Extraction Payment Report as required by Item 2.01 of this Form.

---

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the duly authorized undersigned.

Dated: September 26, 2024	TRANSPORTADORA DE GAS DEL SUR S.A.
	By:	/s/ Alejandro M. Basso
	Name:	Alejandro M. Basso
	Title:	Chief Financial Officer and Services Vice President

---

---

Exhibit 2.01

Government-level disclosure

 

The table below sets forth our payments made to governments for the fiscal year ended December 31, 2023, by government and type of payment.

For the year ended December 31, 2023
(Stated in thousands of pesos)(2)(3)
Country	Payee	Department, agency, etc. within payee that received payments	Taxes(1)	Royalties	Fees	Production entitlements	Bonuses	Dividends	Payments for infrastructure improvements	Community and social responsibility payments	Total
Argentina	National government	Administración Federal de Ingresos Públicos (“AFIP”)	18,566,379	-	-	-	-	-	-	-	18,566,379
Argentina	National government	Administración Nacional de Aduanas	6,975,542	-	-	-	-	-	-	-	6,975,542
Argentina	Province of Buenos Aires	Agencia de Recaudación de la Provincia de Buenos Aires (“ARBA”)	2,465,219	-	-	-	-	-	-	-	2,465,219
Argentina	City of Buenos Aires	Administración Gubernamental de Ingresos Públicos (“AGIP”)	503,132	-	-	-	-	-	-	-	503,132
Argentina	Province of Neuquén	Dirección Provincial de Rentas	855,501	-	-	-	-	-	-	-	855,501
Argentina	Province of Buenos Aires	Municipalidad de Bahía Blanca	1,846,115	-	-	-	-	-	-	-	1,846,115
Total			31,211,888								31,211,888

(1)

Transportadora de Gas del Sur SA (the “Company”) files a consolidated income tax return and is the entity that made the payments. The Argentine National Government levies corporate income taxes at the entity level rather than on a per-project basis. Accordingly, the Company has disclosed payments of taxes at the entity level. The payments relate not to particular projects but to the consolidated income of the Company.

(2)	Certain monetary amounts and other figures included in this report have been subject to rounding adjustments. Any discrepancies in any tables between the totals and the sums of the amounts are due to rounding.

(3)

All payments are reported in Argentine Pesos (Ps.). All figures in Ps. are stated in the measuring unit current at the end of the reporting year (December 31, 2023) in accordance with the application of the method to restate financial statements in constant currency established by the International Accounting Standard 29 (“IAS 29”), as Argentina is considered a hyperinflationary economy. As of December 31, 2023, the official nominal exchange rate for pesos into U.S. dollars was Ps. 808.45 per U$S 1.00.

---

Payment details disclosure

The table below provides the details of payments made to governments for the fiscal year ended December 31, 2023.

For the year ended December 31, 2023
(Stated in thousands of Ps.)(3)(4)
Payee	Department, agency, etc. within payee that received payments	Business segment	Resource(2)	Taxes(1)	Royalties	Fees	Production entitlements	Bonuses	Dividends	Payments for infrastructure improvements	Community and social responsibility payments	Total
National government	AFIP	Payment not attributable to a business segment	Natural gas	18,566,379	-	-	-	-	-	-	-	18,566,379
National government	Administración Nacional de aduanas	Liquids	Natural gas	6,975,542	-	-	-	-	-	-	-	6,975,542
Province of Buenos Aires	ARBA	Liquids	Natural gas	1,414,880	-	-	-	-	-	-	-	1,414,880
Province of Buenos Aires	ARBA	Midstream	Natural gas	1,050,339	-	-	-	-	-	-	-	1,050,339
City of Buenos Aires	AGIP	Liquids	Natural gas	269,659	-	-	-	-	-	-	-	269,659
City of Buenos Aires	AGIP	Midstream	Natural gas	233,473	-	-	-	-	-	-	-	233,473
Province of Neuquén	Dirección Provincial de Rentas	Liquids	Natural gas	483,674	-	-	-	-	-	-	-	483,674
Province of Neuquén	Dirección Provincial de Rentas	Midstream	Natural gas	371,827	-	-	-	-	-	-	-	371,827
Province of Buenos Aires	Municipality of Bahia Blanca	Liquids	Natural gas	1,846,115	-	-	-	-	-	-	-	1,846,115
Total				31,211,888	-	-	-	-	-	-	-	31,211,888

(1)

The Company files a consolidated income tax return and is the entity that made the payments. The Argentine National Government levies corporate income taxes at the entity level rather than on a per-project basis. Accordingly, the Company has disclosed payments of taxes at the entity level. The payments relate not to particular projects but to the consolidated income of the Company.

(2)	The extraction is not carried out by the Company nor is it part of its business.

(3)	Certain monetary amounts and other figures included in this report have been subject to rounding adjustments. Any discrepancies in any tables between the totals and the sums of the amounts are due to rounding.

(4)

All payments are reported in Argentine Pesos (Ps.). All figures in Ps. are stated in the measuring unit current at the end of the reporting year (December 31, 2023) in accordance with the application of the method to restate financial statements in constant currency established by the International Accounting Standard 29 (“IAS 29”), as Argentina is considered a hyperinflationary economy. As of December 31, 2023, the official nominal exchange rate for pesos into U.S. dollars was Ps. 808.45 per U$S 1.00.

 

---

Document Information	12 Months Ended
	Dec. 31, 2023
Document Information:
Document Type	2.01 SD
Amendment	false
CIK	0000931427
Registrant Name	GAS TRANSPORTER OF THE SOUTH INC.
Period End Date	Dec. 31, 2023
Reporting Currency	ARS

Payments, by Category - 12 months ended Dec. 31, 2023 - ARS ($)	Total	GAS TRANSPORTER OF THE SOUTH INC. [Member]
Payments:
Taxes	$ 31,211,888,000	$ 31,211,888,000
Total Payments	$ 31,211,888,000	$ 31,211,888,000

Payments, by Project - 12 months ended Dec. 31, 2023 - ARS ($)	Taxes	Total Payments
Total	$ 31,211,888,000	$ 31,211,888,000
Administración Federal de Ingresos Públicos [Member]
Total	18,566,379,000	18,566,379,000
Administración Nacional de Aduanas [Member]
Total	6,975,542,000	6,975,542,000
Agencia de Recaudación de la Provincia de Buenos Aires [Member]
Total	2,465,219,000	2,465,219,000
Administración Gubernamental de Ingresos Públicos [Member]
Total	503,132,000	503,132,000
Dirección Provincial de rentas [Member]
Total	855,501,000	855,501,000
Municipalidad de Bahía Blanca [Member]
Total	1,846,115,000	1,846,115,000
GAS TRANSPORTER OF THE SOUTH INC. [Member]
Total	31,211,888,000	31,211,888,000
GAS TRANSPORTER OF THE SOUTH INC. [Member] | Administración Federal de Ingresos Públicos [Member]
Total	18,566,379,000	18,566,379,000
GAS TRANSPORTER OF THE SOUTH INC. [Member] | Administración Nacional de Aduanas [Member]
Total	6,975,542,000	6,975,542,000
GAS TRANSPORTER OF THE SOUTH INC. [Member] | Agencia de Recaudación de la Provincia de Buenos Aires [Member]
Total	2,465,219,000	2,465,219,000
GAS TRANSPORTER OF THE SOUTH INC. [Member] | Administración Gubernamental de Ingresos Públicos [Member]
Total	503,132,000	503,132,000
GAS TRANSPORTER OF THE SOUTH INC. [Member] | Dirección Provincial de rentas [Member]
Total	855,501,000	855,501,000
GAS TRANSPORTER OF THE SOUTH INC. [Member] | Municipalidad de Bahía Blanca [Member]
Total	$ 1,846,115,000	$ 1,846,115,000

Payments, by Government - 12 months ended Dec. 31, 2023 - ARS ($)	Taxes	Total Payments
Total	$ 31,211,888,000	$ 31,211,888,000
National Government [Member]
Total	25,541,921,000	25,541,921,000
Province of Buenos Aires [Member]
Total	4,311,334,000	4,311,334,000
City of Buenos Aires [Member]
Total	503,132,000	503,132,000
Province of Neuquén [Member]
Total	855,501,000	855,501,000
GAS TRANSPORTER OF THE SOUTH INC. [Member]
Total	31,211,888,000	31,211,888,000
GAS TRANSPORTER OF THE SOUTH INC. [Member] | National Government [Member]
Total	25,541,921,000	25,541,921,000
GAS TRANSPORTER OF THE SOUTH INC. [Member] | Province of Buenos Aires [Member]
Total	4,311,334,000	4,311,334,000
GAS TRANSPORTER OF THE SOUTH INC. [Member] | City of Buenos Aires [Member]
Total	503,132,000	503,132,000
GAS TRANSPORTER OF THE SOUTH INC. [Member] | Province of Neuquén [Member]
Total	$ 855,501,000	$ 855,501,000

Payments, Details - GAS TRANSPORTER OF THE SOUTH INC. [Member] - 12 months ended Dec. 31, 2023 - ARS ($)	Amount	Type	Country	Govt.	Project	Resource	Segment	Ext. Method
#: 1
	$ 18,566,379,000	Taxes	ARGENTINA	National Government [Member]	Administración Federal de Ingresos Públicos [Member]	Natural gas [Member]		Well
#: 2
	6,975,542,000	Taxes	ARGENTINA	National Government [Member]	Administración Nacional de Aduanas [Member]	Natural gas [Member]	Liquids [Member]	Well
#: 3
	1,414,880,000	Taxes	ARGENTINA	Province of Buenos Aires [Member]	Agencia de Recaudación de la Provincia de Buenos Aires [Member]	Natural gas [Member]	Liquids [Member]	Well
#: 4
	1,050,339,000	Taxes	ARGENTINA	Province of Buenos Aires [Member]	Agencia de Recaudación de la Provincia de Buenos Aires [Member]	Natural gas [Member]	Midstream [Member]	Well
#: 5
	269,659,000	Taxes	ARGENTINA	City of Buenos Aires [Member]	Administración Gubernamental de Ingresos Públicos [Member]	Natural gas [Member]	Liquids [Member]	Well
#: 6
	233,473,000	Taxes	ARGENTINA	City of Buenos Aires [Member]	Administración Gubernamental de Ingresos Públicos [Member]	Natural gas [Member]	Midstream [Member]	Well
#: 7
	483,674,000	Taxes	ARGENTINA	Province of Neuquén [Member]	Dirección Provincial de rentas [Member]	Natural gas [Member]	Liquids [Member]	Well
#: 8
	371,827,000	Taxes	ARGENTINA	Province of Neuquén [Member]	Dirección Provincial de rentas [Member]	Natural gas [Member]	Midstream [Member]	Well
#: 9
	$ 1,846,115,000	Taxes	ARGENTINA	Province of Buenos Aires [Member]	Municipalidad de Bahía Blanca [Member]	Natural gas [Member]	Liquids [Member]	Well

---