SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM 6-K

 

 

Report of Foreign Issuer

Pursuant to Rule 13a-16 or 15d-16

of the Securities Exchange Act of 1934

For the month of November, 2017

Commission File Number: 001-12102

 

 

YPF Sociedad Anónima

(Exact name of registrant as specified in its charter)

 

 

Macacha Güemes 515

C1106BKK Buenos Aires, Argentina

(Address of principal executive office)

 

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:

Form 20-F  ☒                Form 40-F  ☐

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):

Yes  ☐                No  ☒

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):

Yes  ☐                No  ☒

 

 

 


YPF Sociedad Anónima

TABLE OF CONTENTS

ITEM

1 Translation of letter to the Buenos Aires Stock Exchange dated November 8, 2017.


LOGO

Autonomous City of Buenos Aires, November 8, 2017

Bolsa de Comercio de Buenos Aires

(Buenos Aires Stock Exchange)

Sarmiento 299

 

  Ref. :   Consolidated Results for Q3 2017
         Errata

Dear Sirs,

In connection with the published Consolidated Results for Q3, we inform you that we have detected an error in the columns titled “2017 Jan-Sep” and “Var 2017/2016” of table 5.5 on page 21.

Please find attached a revised version of such table with the correct information.

Yours faithfully,

Diego Celaá

Market Relations Officer

YPF S.A.


LOGO

5.5 MAIN FINANCIAL MAGNITUDES IN U.S. DOLLARS

(Unaudited figures)

 

Million USD    2016
Q3
    2017
Q2
    2017
Q3
    Var
Q3 17 / Q3 16
    2016
Jan-Sep
    2017
Jan-Sep
    Var
2017 / 2016
 

INCOME STATEMENT

              

Revenues

     3,748       3,837       3,831       2.2     10,720       11,315       5.6

Costs of sales

     (3,224     (3,168     (3,255     1.0     (9,023     (9,354     3.7
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Gross profit

     525       669       576       9.7     1,697       1,962       15.6

Other operating expenses, net

     (2,846     (448     (399     N/A       (3,531     108       N/A  
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Operating income

     (2,321     221       177       N/A       (1,834     687       N/A  

Depreciation and impairment of property, plant & equipment and intangible assets

     3,278       764       796       -75.7     4,799       2,312       -51.8

Amortization of intangible assets

     13       13       13       2.1     35       37       6.1

Unproductive exploratory drillings

     11       34       3       -71.2     57       61       7.6
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Adj. EBITDA

     981       1,032       989       0.9     3,057       3,097       1.3

UPSTREAM

              

Revenues

     1,886       1,697       1,737       -7.9     5,880       5,211       -11.4

Operating income

     (2,358     (56     21       N/A       (1,930     22       N/A  

Depreciation

     736       643       666       -9.5     2,052       1,945       -5.2

Capital expenditures

     783       632       725       -7.4     2,436       1,961       -19.5

Adj. EBITDA

     817       621       690       N/A       179       2,028       N/A  

DOWNSTREAM

              

Revenues

     2,886       2,909       2,875       -0.3     8,299       8,611       3.8

Operating income

     22       197       186       734.3     181       662       265.3

Depreciation

     88       103       107       20.6     262       310       18.6

Capital expenditures

     167       123       141       -15.4     449       346       -22.8

Adj. EBITDA

     111       301       292       164.3     443       973       119.6

GAS & ENERGY

              

Revenues

     561       1,004       940       67.6     1,415       2,824       99.6

Operating income

     53       65       86       62.9     80       187       132.3

Depreciation

     5       4       4       -19.6     15       12       -18.2

Capital expenditures

     28       63       39       37.9     86       162       88.0

Adj. EBITDA

     58       70       90       56.0     95       199       108.8

CORPORATE AND OTHER

              

Operating income

     (47     -15       -74       58.1     (54     (172     219.9

Capital expenditures

     29       13       17       -39.1     80       48       -40.4

CONSOLIDATION ADJUSTMENTS

              

Operating income

     9       49       (42     N/A       (11     (12     10.2

Average exchange rate of period

     14.90       15.68       17.23         14.51       16.18    

Exchange rate end of period

     15.26       16.58       17.26         15.26       17.26    

NOTE: The calculation of the main financial figures in U.S. dollars is derived from the calculation of the financial results expressed in Argentine pesos using the average exchange rate for each period. Accumulated periods correspond to the sum of the quarterly results.


SIGNATURE

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 undersigned, thereunto duly authorized.

 

    YPF Sociedad Anónima
Date: November 8, 2017     By:   /s/ Diego Celaá
    Name:   Diego Celaá
    Title:   Market Relations Officer
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